20 APRIL 1929, Page 32

ELECTRICITY COMPANY'S

In the ieirettable- abience, thiOugh indisposition, of the chairman, Sir Harry Renwick, the speech which had been prepared by him for delivery to shareholders of the -County of London Electricity supply Company, Limited,. was read by the vice-chairman, Sir Bernard Greenwell. In this statement Sir Harry was -able to report substantial progress during the past year in every department of the company's business. indeed, such is the growth in some -directions-that he announced the Board's intention to make &further issue of capital a little

later on. Naturally, the precise form of the issue has not yet been disclosed, but the directors, through their chairman, have declared the intention that the issue should be of a kind giving some kind of bonus to shareholders. This should certainly not be a difficult matter, having regard to the present market price of the Ordinary shares. A. W. K.