WILLOTJGEBY'S CONSOLIDATED.
The fortunes of Willoughby's Consolidated Company are so closely linked with those of Southern Rhodesia that it is encouraging to note that at the recent annual meeting Colonel H.. T. Fenwick, the Chairman, spoke very hopefully with regard to that country. " The youngest of our self-governing colonies," said Colonel Fenwick, " when the world crash came was about the last to feel the blow, but when the blow came it was in an intensified form. Gold mining has helped throut'h bad times, and together with the reviving base metal industi-,'. will, I think, put the colony on the high road to • prosperit y once more." The profit and loss account of Willoughby Consolidated for the year showed a balance of profit of £40,8't I. against £87,241 in the previous year. The Company is pay LI it a dividend of 5 per cent., and placing £6,500 to reserve, agaik
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