Conisborough Gas Company

Profits Reduced, but Dividends Maintained

The annual meeting of the Conisborough Gas Co Ltd, takes place today

The retiring director of Mr P Bancroft Coward and Mr CA Reem.

The balance sheet shows that the turnover for the year has been considerably reduced, owing to lighting restrictions and the greatly increased cost of materials and labour.

It is recommended, however, last year’s dividend (5%, 4%, and 3 1/9%) on the three classes of stock, be maintained.

The profit for the last five years are as follows:

1912 £1251 14s 7d

1913 £1444 15s 2d

1914 £913 4s 7d

1915 £838 2s 3d

1916 £845 2s 1d