Denaby and Cadeby Dividend

The report of the Denaby and Cadeby Main Collieries, Ltd., for the year 1935, states that trading and sundry profits, together with interest on loans, investments, etc., amount to £108,536 (against £123,091, which included a provision for income tax of £17,750, not required).

The directors recommend a dividend on the ordinary shares of 5 p.c. (Against 2 ½p.c), carrying forward £21,545 (£20,670). Practically all the ordinary shares are held by Yorkshire Amalgamated collieries. Ltd