28 JULY 1928, Page 32

GAS PROFITS.

The interim dividend of the Gas Light and Coke Company encourages hopes of a good report later on. The interim distribution is at the rate of 51 per cent. per annum for the half-year comparing with 5 per cent. per annum a year ago. Cheaper coal is probably the explanation of the increased dividend, the reduction having enabled the company to reduce the price of gas.