. CORPORATION AND GENERAL SECURITIES.
At the recent meeting of the Corporation and General Securities, the Chairman, the Marquess of Winchester, was able to present a very satisfactory report, showing not only increased earning power but an increased volume of business of a high-class character, many trustee securities having been issued by the group during the period under review. As regards the financial position, the net profit for the year was nearly £94,000, or over 13 per cent. on the Corporation's capital. The directors are now able to write 219,000 off good- will, reducing it to £35,000 as compared with the original figure of £60,000, while the present dividend of 7-1 per cent. on the Ordinary shares compares with 6 per cent. a year
ago. It must be remembered, too; that tliisliWthe-secoili year of the company's existence: '
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