21 JUNE 1930, Page 36

GENERAL ELECTRIC RESULTS.

The Annual Report of the General Electric Company is a thoroughly good one, and justifies the recommendation which had been announced previously of a bonus of 4 per cent, in addition to the 10 per cent. dividend. The directors state that the company's operations for the year constituted a record, while the profit of £1,179,000 compared with £1,084,000 in the previous year. In the later months of the year the profits are stated to have been affected by the general depres- sion in business, but the company's works have been fully employed and output has been maintained at a high level. In particular, the directors state that the volume of overseas business has shown a marked increase. The balance sheet is a strong one. * * *