* * GOOD INDUSTRIAL RESULTS.
Some allowance, of course, must be made for the fact that recent reports of Home Industrial companies cover a period preceding the recent set-back in commodities, but the results have none the less been of an encouraging and even inspiring character. To quote only a few of the recent reports, I would cite the instance of Agar, Cross and Co., a merchant exporting business, where the report for the past year shows a profit of £227,504 as compared with a loss in the preceding year of £51,864. And apropos of the comments I make in another column on the remarks of Lord Wardington at the recent meeting of the Bank of London and South America, it may be noted that this great improvement is largely attributable to the remarkable improvement in economic conditions in Argentina as a result of good crops sold at satisfactory prices.
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