'SCOTTISH . ASSOCIATION AFFILIATES TO R.H.A.
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The Scottish Carriers and Haulage Contractors Association, Ltd., has become affiliated to the Road Haulage Association, and in due course will be appointed its official agent for Scotland. At present, arrangements have been made for an interchange of re
presentatives. In the view of Mr.
Thomas Ormiston, the Scot tish association's secretary, this is a step to the ultimate goal of one national authority speaking for the whole of the employers' side of the road-transport industry.
Thornycroft's Trading Results.
During the year ended July 31, 1934, John I. Thornycroft and Co., Ltd., made a loss of £51,110, after providing for depreciation, etc., compared with a loss. of £84,940 a year earlier. When debenture interest, directors' fees, etc., are included, the total deficit is £66,980. The loss is almost entirely covered by a transfer of £66,000 from the reserve account and, after crediting transfer fees, the debit on the profit-and-loss account for the year is 4874, which seduces the credit balance brought forward to £2,574.
In the report mention is made of the fact that, 'compared with the previous year, the motor-vehicle sales of the company have increased by 64 per cent., whilst it is stated that the management of the motor-vehicle side of the business has been reorganized.
Striking Progress of Henley Co.
The annual staff dinner and dance of W. T. Henley's Telegraph Works Co., Ltd., and Henley's Tyre and Rubber Co., Ltd., held in London, last Saturday, was a complete success. Mr. B. C. Wilkins mentioned that the "Telegraph " concern commenced operations in two rooms, 54 years ago, and now had two subsidiary companies, including Henley's Tyre and Rubber Co.
Mr. W. G. Smale was optimistic concerning the future of the tyre concern, which, he said, had better times ahead. Mr. W. F. Bishop, who occupied the chair, paid a warm tribute to the late Sir George Sutton, the previous chairman.