24 DECEMBER 1937, Page 32

CARRERAS' PROSPERITY.

Optimism not only with regard to the Company's present position and prospects, but also with regard to the general trade outlook, was the outstanding feature of the address of Mr. Edward S. Baron at the recent annual meeting of Carreras, Limited. As indicated in the recent Report, the Company achieved fresh record profits during the past year and Mr. Baron stated that since the new financial year the Company's sales had shown a further increase. Concerning the general trade outlook of the country, the Chairman of Carreras said :

In spite of rumours of impending slump-and for my part I can see no solid foundation for them-this country today is in many respects more prosperous than it has ever been in the course of its long history. It is true that the foreign situation gives cause for serious anxiety, but here at home times are good and in my personal opinion they are likely to remain so for some considerable time to come at least.