26 JULY 1935, Page 34

A USEFUL UNDERTAKING.

At last Monday's meeting of the United Dominions Trust, the Chairman and Managing Director, Mr. J. Gibson Jarvie, was able to show how greatly this undertaking had progressed since its establishment some sixteen years ago. During those years, said Mr. Jarvie," the Company has financed the movement of merchandise, practically all of British production, to a value of over £57,000,000." Mr. Jarvie claimed that much of that merchandise would never have been moved or produced except for the special facilities granted by the Trust. In the course of his speech Mr. Jarvie was also able to give a favourable report of the progress made by the Trust's latest subsidiary, " Credit and Industry Limited," a company formed last year to meet the demand for the establishment of a financial organization which would minister to the needs of the smaller industrial and trading concerns.