18 FEBRUARY 1928, Page 32

The annual report of Maple and Company is a good

one, the profits having risen from £256,000 to £295,000, while the dividend is up from 14 to 15 per cent. Moreover, it must be noted that these results are reached after allowing for the dividend on the management shares which are entitled to three tenths of the amount of profit represented by 20 per cent. on the Ordinary share capital, after which one-half of any surplus has to be added to the Reserve and the balance divided between the Ordinary and the Management shares tenths.

as to three to the Management and seven-tenths to the Ordinary shares. * * * * -