[Trade Journal]
Publication: National Glass Budget
Pittsburgh, PA, United States
vol. 37, no. 21, p. 3, col. 3-4
Australian Company to Increase Capital.
The annual report for the year ended March 31, 1921, of the Australian Glass Manufacturers Co., Ltd., Brisbane, Australia, shows a profit of £65,524. An interim dividend at the rate of 10 per cent per annum was paid in September, and the directors recommended a like payment as at March 31, making 10 per cent for the year. The general meeting was held on July 4, and at an extraordinary meeting a proposal was submitted to increase the capital to £1,000,000 by the issue of 500,000 new shares at £1.
