Welsh Newspapers

Search 15 million Welsh newspaper articles

Hide Articles List

27 articles on this Page

DOCKS IMMORALITY. I

CHOSEN BY -CPMRADES,I

[No title]

Y.M.C.A. WORK. I I

CUT OFF BY THE TIDE. I

[No title]

ISHARES IN MONEY I SOCIETY.

QUEER STORY OF A FORGOTTEN…

SUNDAY NEWSPAPERS.I

I A DASTARDLY DEED.

DEATH OF A WELL KNOWN VALLEYI…

A WORKERS' PARADISE. I

THE MONS ANGELS.I

A REMOTE IRISH CAMP. I

[No title]

IAN ATTACK AT DAWN. --0-

Advertising

"HAMLET" AT THE FRONT! I

COLONEL OF SIXTH WELSH PR0.UDI…

LOSSES OF LIPTON'S (LIMITED).I

News
Cite
Share

LOSSES OF LIPTON'S (LIMITED). I Somewhat stormy scenes took place at the annual meeting of Liptons (Limited), held at Winchester House on Tuesday. A letter was read from Sir Thomas Lip- ton expressing regret at his inability to be present owing to indisposition, and stat- ing that he believed the appointment of new directors and other changes would lead to improved results in the future. Mr. Robertson Lawson, who presided, said serious discrepancies had been dis- covered in the stocks, and there was a substantial deficiency of capital owing to speculations which had been largely con- ducted by the late manager without pro- per sanction. The cost of several legal actions had also fallen on the company, and the result was that, from the point of view of actual working capital, they found the position short by nearly £ 250,000. This statement was greeted with cries of Sliauic and other pro- tests, followed, however, by cheers when it was announer" that Sir Thomas Lipton had expressed his determination to make good these losses himself. The chairman further said that the war had had a bad effect on the company, and the profit on trading was t79,489 less than in the previous year. The report and accounts were eventu- ally adopted unanimously.

UNDESIRABLE VISITORS.

UNCOMPROMISING ANTAGONISM.

LAST OF A FAMOUS YACHT.

A DESTRUCTIVE FIRE.

PURCHASE OF A BUSINESS.

[No title]

Advertising