6 AUGUST 1927, Page 28

A FLOURISHING PUBLISHING BUSINESS.

The publishing business of Messrs. Benn Brothers, Limited, would seem to be flourishing and just recently proposals have been made to the shareholders for an increase in the capital With the object of making a bonus issue in the form of Prefer- ence shares. The capital is to be increased by £100,000 by the creation of 99,250 Six per cent. Preference shares and 15,000 Deferred shares of ls. each. At present the capital is solely in the form of Ordinary shares, upon which a dividend has been declared of IV, per cent., or the same as for last year. These new Preference shares will be allotted to preseAt shareholders in the ratio of one Preference for every two Ordinary shares held. The business seems to be not only flourishing, but extending.