1 SEPTEMBER 1928, Page 28

SINGER'S PROFITS AND BONUS.

Although the cash dividend and bonus of Singer & Co. for the past year of 20 per cent. compares with 25 per cent. for the previous year the reduction is entirely due to the capital having been doubled in the meantime. The actual profits for the year were £171,000 as against £140,000, and the present carry forward is £69,420 as compared with £41,549 a year ago. Moreover, in addition to the cash dividend and bonus, a share bonus is to be distributed of one 7 per cent. Cumulative Preference share for every two Ordinary at present held. * * * *