5 JULY 1935, Page 42

P. and 0. BANKING CORPORATION.

Steadiness continues to characterise the profit earning power of the P. and O. Banking Corporation, which last year made a Profit of £118,442 or about £1,000 more than in the previous year. The dividend of 5 . per, cent. is main-, tained, while the carry forward is increased to £55,143. The balance-sheet shows a considerable expansion in the total resources which amount to £10,462,000 against g14;959,000