12 APRIL 1935, Page 46

GOOD STOCK EXCHANGE REPORT.

The latest Annual Report of the Stock Exchange is the best presented for many years past. The total receipts for the year came to £473,766, being an increase of £21,269 on the year. The total expenses, which included £15,000 for building replacements and £5,000 Income Tax account, were £186,609, being an increase of £4,184 on the year. The Revenue Account showed a credit of £287,156, being an increase of £17,075. The dividend has been raised from £13 to £14 per share for the year just ended, while the balance Carried forward of £74,756 is equal to another £7 10s. per share. The number of members at the end of the year just finished was 3,988, being an increase of 27 on the previous

year. ' The Stock Exchange share capital, authorized and

issued, is 20,000 shares, credited with £36 paid, making a total of £720,000. The price of these shares is about 285, which includes £10 dividend, less tax, payable on May 2nd.

A. W. K.