Peruvian stocks have been a weak feature of late owing
to the disturbed political conditions, but the Report of the Peruvian Corporation was not an altogether unfavourable document. The Railway receipts showed a small increase both as regards gross and net revenue. The Report stated, however, that the revenue lately has been affected by the depression consequent upon the fall in metals and primary products. The balance-sheet shows a strong position, investments in British and Indian stocks standing at £684,391, at cost, Bills receivable at £111,280 and Cash at £115,842.