The Archive · 1922

Machinery 130,638.20

Weaving Plant 13,795.61

Dealing with these items in the order named.

The addition to buildings in cludes the cost of the rebuilding of the old offices and converting them into a two-storeyed building, three new reinforced conerete staircase exits from the mill, a new repairing shop on the north and an extension of the mill building to the West.

With regard to the additional Tls. 130,638.20 spent on mill machinery, this includes the sum of Tls. 56,882.56 which appeared in your 1920 accounts under the heading of New Spindle Plant Suspense Account. The total amount covers the cost of. an additional 5.000 spindles which are now all erected, and other necessary additions to your spinning plant.

Your stocks of yarn and cloth were somewhat heavy at the end of the year which accounts for the

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account