Judged by the dividends recently announced by the Associated Portland
Cement Manufacturers and British Portland Cement Manufacturers, the cement industry is still prospering notwithstanding occasional talk of a setback in building activities. Both companies have maintained their interim dividend rates at the 74 per cent. which was paid at this time last year, when we recollect that both companies paid 224 per cent. Whereas for the previous year the Associated company had paid a 5 per cent. interim folloired by a 15 per, cent. final,_ the British distribution was paid as to 74 per cent. interim and 124 per cent. final. The reports of both companies will be awaited with interest. It looks as if any falling off in demands for cement for the building of houses has been made up by demands from other directions.
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