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Wool Scourers
Problems
Artificially high prices,
accentuated Dy a pegged ex
change, last year made trad
ing conditions difficult for
neury a. ouutii, uiaj^ «wi
scourers and so on, directors
state in their annual report.
Profit shows a drop of
£29,783 to £85,226. but is still
more than double the £41.000
required to maintain divi
dends at 15 p.c. ordinary and
5 p.c. preference.
$