7 APRIL 1928, Page 32

THE VICEERs' MEETING.

General Sir Herbert Lawrence, Chairman of Vickers, Ltd., was able to add a great deal at the meeting last Thursday to the understanding of the accounts by shareholders, full and explicit as were the balance-sheet and profit and loss account. The result of his review was certainly to emphasize the remark- able strength of the position, and the change is a testimony

to the soundness, first of the premises upon which the reor- ganization of two years ago was based, and secondly to the ability with which, the company's affairs, both financial and administrative, have been handled since.