15 JUNE 1929, Page 34


Shareholders of the Anglo-Persian Oil Company—among which must be included the British Government—have had a pleasant surprise in the unexpectedly good dividend announcement by the company. A year ago the diminution of profits led to a reduction in the dividend from 124 to 74 per cent. Now, however, -the dividend is to -be restored to its former level in respect of the nine months to December 31st last, the company having changed the date for making up its accounts. The annual meeting will now be eagerly , awaited to learn from the Chairman his views with regard to the oil position and outlook. • (Continued on page vii.)