LIPTON’S BAD YEAR.
THE ANNUAL REPORT. (United Press Association—Uopyricbta LONDON. Aug. 15. (Received Aug. 15, 3.30 p.m.) Liptons, Ltd’s report shows discre]>ancies in certain stocks, losses on certain. investments, and costs incurred in litigation Jiave diverted a substantial amount of the working capital, fc-’ir Thomas Lipton has arranged that the company shall not suffer any loss. The directors recommend a special provision of £22-0,839 for depreciation, etc. There will be no dividend.
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Gisborne Times, Volume XLV, Issue 4009, 16 August 1915, Page 4
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72LIPTON’S BAD YEAR. Gisborne Times, Volume XLV, Issue 4009, 16 August 1915, Page 4
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