15 FEBRUARY 1930, Page 36

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RECORD TOBACCO PROFITS.

Although the final dividend and bonus on the Ordinary shares of the Imperial Tobacco Company were made known some little time ago, the market has been very favourably impressed by the report which was issued at the end of last week and which disclosed a fresh record of earnings. The net trading profit for the year was no less than 19,977,000, that figure comparing with £9,600,000 for the previous year. The balance-sheet, too, is a very strong one, the cash standing at £4,427,000, while the reserve, even after allowing for the huge subtraction last year in connexion with the bonus issue, still stands at £4,500,000.