16 AUGUST 1935, Page 32


Finally it may be noted that the interim dividend of Frederick Gorringe is also maintained at its former rate of 7 per cent. per annum for the half-year to July 31st last. ; Here, again, however, it must be noted that for the previous year the final distribution was 51- per cent., making 9 per cent. for the year. The £1 Ordinary Shares of the Company are now quoted at just over 31s., so that the dividend yield at the present price is about 511 per cent.

* . *