13 FEBRUARY 1926, Page 34

ACTIVITY AT THE STORES.

The full report of Ilarrod's Stores has yet to be issued, but the preliminary results which have been published are distinctly encouraging. They show that the net profits for the past year at £693,000 showed an increase of over £58,000. .Accordingly the Directors are recommending a final dividend on the Ordinary Shares of 12 per cent., making a total dis- tribution of 16 per cent. for the year, as compared with 15 per cent. for the previous year. The sum of £25,000 is again placed to the Reserve, while the carry-forward is £87,000, against £30,000.