22 NOVEMBER 1930, Page 74

The Report of this company is a distinctly favourable one,

the net revenue being nearly £801,000 against £732,000 for the previous year. The directors have declared a final dividend for the year on the Ordinary shares making a total of 18 per cent. as compared with 18 per cent. for the previous year, while on the Deferred shares a first and final dividend is announced of 8.229d. on each 5s. share, less tax, leaving £110,285 to be carried forward. The balance-sheet is again