13 DECEMBER 1935, Page 42


I am glad to note that the enterprise 'and 'industry which has characterised the management of the United Dominions Trust from-its inception is • bearing fruit in the shape of increased profits and`higher dividendS. During this week the Directors have announced an interim dividend at the rate Of 6 per cent., as compared with 5 per cent, a year ago. More- over, the dividend is payable on a larger amount of Ordinary capital following the reorganisation and issue of 175,000 Ordinary Shares at 90s. per share, but the " B " Shares, which formerly received 5 per cent., have now been converted into 41% Preference 'Shares. The Company provides lang-teraa credit and finance for commercial and industrial Undertakings.