14 SEPTEMBER 1934, Page 38

Financial Notes

CHEMICAL INTERIM DIVIDEND.

Although at first the market expressed some disappoint. meat that the. interim dividend of Imperial Chemical Indus. tries Limited remained at 2t per cent. on the Ordinary shares, there has since been a rally in the price, the belief being that profits have been greater, but that the Directors have elected to pursue a cautious policy in the matter of distribution. Indeed, in the ease of so important a concern representing not only a huge amount- of invested capital, but of main- phases of industrial activity, a conservative policy is undoubtedly to be desired. On the' whole, the market is disposed to await with some confidence the annual report some six months hence.