25 SEPTEMBER 1926, Page 38

- * * * V.O.C.

At the recent meeting -of the Venezuela Oil Concessions Holdings Company, an indication was given that the develop- . Ments of the company's business would call for fresh capital ere long,: and with that object new Ordinary Shares are ex- pected to be -issued at round about par to existing holders of both Ordinary 'and Participating Preference Shares. In view of this proposed capital extension; it is satisfactory, therefore, to note that the directors are hopeful, a little later, of being able to declare a dividend for the current year. This, of course, would be the first dividend in the company's history.

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