17 JULY 1926, Page 33

Shareholders of the Standard Bank of South Africa are to

be congratulated upon the excellent results revealed in the last annual Report. Not only has the profit increased from £509,000 to £571,000, but the Report shows an all-round expansion of business. The Deposits show the substantial increase of £2,400,000 and now stand at £49,416,000, while Acceptances and Discounts and Advances also show a pro- portionate increase. Finally, the directors are not only able to maintain the dividend of 14 per cent., but restore, after an interval of some three years, the additional bonus of 2s. 6d. per share.