International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

Hugs West Ides Sugar Profits

The Week Vol. 1, No. 2, 8 January 1964 · p. 13 of the scan · 91 words

The scan: The Week v1 no2.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the OCR of the heading.

Record group profits are announced by the Doard of the West Indies Sugar Company, a producing company of the Tate and Lyle group, based on Jamaica, A total dividend of 1/84 (tax free) per £1 share, is to be paid, together with a one-for—two scrip issue,

Trading profits amounted to £1,629,054 for the year ended September 30, 1963, compared with £184,314 proviously and net profits were up from a mere £58,175 to £908,975, an all-time high, These results follow a year of record crops in Jamaica and peak world sugar prices.

← Economic Notes the Week Number Two Page 11Retail Prices Rise Rapidly in Many Countries →

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