MARGARINE UNION.
At the recent annual meeting' of the Margarine Union, Limited, the chairman, the Earl of Bessborough, gave a very clear statement of all the events leading up to the formation of the Margarine Union and the Margarine Unie Companies, between which concerns there is, of course, an identity of interests, dividend and capital rights being the same. The statement was the more timely in view of the fact that there is now so much activity in the Industrial Market in the shares of the two concerns. The work of co-ordinating two formerly competitive businesses must, of course, take time to bring forth full fruits, but it is evident from Lord Bessborough's statement that the outlook in that respect is a hopeful one. The chairman also affirmed that the policy of the combine as regards prices would be favourable to the consumer.
A. W. K.
(For Company Meeting Reports see pages 800, 802, 803, 804, vii
and via.)
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