24 DECEMBER 1927, Page 28

A hopeful note was struck at the recent meeting of

the Aerated Bread Company, which was described by the chairman, Sir Charles Cattier, as epoch-making in the fortunes of the company. Confirmation was given at the meeting of the purchase of a substantial interest in the business of W. Hill & Son, and the chairman emphasized certain savings which were likely to accrue. In connexion with the payment of the purchase price and also in connexion with Capital Expenditure involved in alterations to premises, the company is about to make a fresh issue of capital consisting of the balance of the authorized ordinary share capital amounting to 153,700 shares. Nothing is known yet as to the terms of the issue.