BOOKER BROTHERS, MCCONNELL AND COMPANY.
This old-established firm of general merchants and sugar growers has paid dividends of not less than to per cent. for the past five years, and on occasion has distributed bonuses as well. For the year ended June 30th a cash bonus of 5 per cent. was paid in addition to the to per cent. dividend, and shareholders were invited last Friday to agree to a 6o per cent. capital bonus. The chairman, Sir Alfred P. Sherlock, took the occasion to hint that the to per cent. regular dividend will, if possible, be maintained on the larger capital. He saw no reason to expect lower profits in the current year and would do his utmost to maintain to per cent. as the standard rate of dividend in the future. • Sir Alfred gave this assurance in spite of his feeling that British Guiana, where the company's sugar estate is situated, was worse placed under the International Sugar Regulation scheme than the other British colonies.
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