A GOOD REPORT.
The directors of the London County Freehold and Leasehold Properties Limited must be congratulated both upon the promptness with which they have issued their report for the past year's working and also upon the general excellence of the balance sheet. The accounts cover the period ending March 31st, and the report and balance sheet appeared in the newspapers on April 2nd. Notwithstanding this promptitude, however, the accounts are most informative both as regards the company's revenues and the capital investments. The net income for the year; after meeting all expenses and interest charges, was £216,511 against £175,025 for the previous year The dividend is 10 per cent. with a bonus of 1 per cent., against 10 per cent. in the previous year. ..There are also important allocations to special funds, while the balance carried forward
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