26 OCTOBER 1929, Page 47

B.A. PACIFIC MEETING.

At the meeting, held last week, of the Buenos Ayres and Pacific Railway Co., the Chairman, Viscount St. Davids, spoke hopefully with regard to the outlook, expressing the Board's Confidence that the company could continue to earn the 7 per cent. dividend for the stockholders during the ensuing Year. This, no doubt, is largely due to the conservative financial policy of the company in the past. Viscount St. Davids made some interesting comments on the recent British Economic Mission to Argentina and evidently was in entire sympathy with the recent remaiiis of Mr. -Hose at the Anglo- South American Bank meeting with regard to the supreme need for a revival of this country's.export trade with South America.