12 NOVEMBER 1937, Page 44

A GOOD INDUSTRIAL REPORT.

To the many satisfactory industrial reports issued during the past week may be added the preliminary figures published by John I. Thomyca-oft and Co., the marine and motor engineers and shipbuilders, &c. For the year ended July 31st last the net profits of Lto9,422 showed an increase over the previous year of over £69,000. A credit balance had been brought in as against a debit balance a year ago, and it is now proposed to pay 18 per cent. on the 6 per cent. Cumulative Preference shares, being the dividend accrued to June 30th, 1934, and also to pay next March a further 18 per cent. on

those shares, thus representing the dividend accrued to June 30th last. In view of these excellent preliminary figures,

the annual report itself will be aWaited with keen interest. * * * *