This particular company is thus in an extremely favorable position in comparison with other companies in its field. The direction in which the company is moving profit-wise is of great importance, and for this reason it is advisable to ask any company offering notes for sale to submit profit figures for three or five years. The company offering the thrift notes for sale submitted profit and other financial figures for four years and a final figure for March 31, 1961, so the prospective investor is brought up to date. The profit picture of any company might change in six months. The figures show that the company had a steady growth in profits from 1957 to 1961. In addition surplus grew steadily.


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