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The report of the board of directors of Messrs. Mappin Webb, Ltd., the silversmiths and jewelers, just issued, and disclosing a big drop in the profits for 1922 does not come as a surprise in face of the intimation circulated recently that there would be no final dividend for last year. Mappin and Webb name two factors as responsible for the adverse trading year—one, the depreciation of stocks, and the other, the fall in the exchanges of the countries in which the company has branches. All such losses, the board says, are provided for and it is confidently expected that the company will now continue to make profits as formerly. Improved conditions abroad, says the board, will mean a rapid return to former prosperity. The net profits of the company for 1922 were $86,695 as against $397,130 in 1921. After allowing for a preference interim dividend and an interim dividend of 2½ per cent on ordinary shares $128,500 was carried forward against nearly $190,000 brought in. Some $200,000 is written off out of general reserve for special depreciation. In 1921, ordinary shares received 10 per cent.

Source: The Jewelers' Circular - 11th April 1923

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Mappin & Webb Ltd. - London - 1919

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Mappin & Co. - London - 1862

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Mappin & Webb (1908) Ltd. - London - 1912

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A special to the Globe-Democrat from Gainesville, Ga., has this to say about gold nuggets: "A nugget of gold was found upon the gold property of S. Mappin, of the firm of Mappin & Webb, steel manufacturers of London and Sheffield, England, last week, weighing 501 pennyweights, equal to two and a fifth pounds, valued at $504. The property is situated in White county, Ga., and yields gold extensively. The nugget was shipped to London."

Source: Sierra County Advocate - 30th April 1889

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Mappin & Webb (1908) Ltd. - London - 1912

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A silver-lidded dressing-table jar by Mappin & Webb, assayed at London in 1938:








K - Mn&Wb - London - 1938

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Mappin & Webb (Canada) Limited - Montreal - 1919

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Silver-ltopped scent-bottles by Mappin & Webb, assayed at London in 1938:








K - Mn&Wb - London - 1938

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Mappin & Webb Ltd. - London - 1917

'MONMOUTH'

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Mappin & Webb (Canada) Limited - Montreal - 1918

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Mappin & Webb Ltd. - London - 1919

'ORLEANS'

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Mappin & Webb, the big silversmiths here, have had a bad year, their activities having been seriously affected by adverse foreign exchanges, the “overseas” branches of the business showing, as a result, practically no profit. The trading profit of around $119,000 for 1923 was converted into a net loss of some $195,000 after allowing for directors' fees, a large sum for stock depreciation, amount written off on plant, sinking fund, debentures interest, etc. There will be no dividend. In 1922 the profit was around $85,000. The directors say they think the stock depreciation has now been adequately disposed of. Some $125,000 has been brought forward and there is a reserve fund balance of around $96,000, leaving a credit of approximately $28,000. The firm's stocks are now valued at $1,956,000, compared with $2,506,000 a year ago.

Source: The Jewelers' Circular - 30th April 1924

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Mappin & Webb Ltd. - London - 1918

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Bon-Bon dish made to celebrate the centenary of the Nestlé Company 1866 - 1966:








Mn&Wb - London - 1966

Similar dishes were also produced by the Swiss silversmiths, Jezler. These were marked 'JEZLER' - '925' - 'STERLING'

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Forks by Mappin & Webb, assayed at London in 1925:






Mn&Wb - London - 1925

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A fruit-bowl by Mappin & Webb, assayed at London in 1934:








Mn&Wb - London - 1934

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Desert spoons by Mappin & Webb assayed at Sheffield in 1898:




M&W - Sheffield - 1898

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Toasting goblets by Mappin & Webb, assayed at London in 1975:








Mn&Wb - London - 1975

The goblets and engraved to note the 200th anniversary of Mappin & Webb.

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A pair of cased fish servers by Mappin & Webb assayed at Sheffield in 1906:












M&W - Sheffield - 1906

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