THE CHARTERED REPORT.
Although the report of the British South Africa Company is always awaited with a certain amount of interest, and while latterly there has been greater activity in the shares, conditions are very different from the old Cecil Rhodes days when the publication of the Chartered Report and the Chartered meeting were important events in the financial world. Nowadays, of course, the company is a purely business concern with great financial and mineral interests in Rhodesia, and in a quiet way the company appears to be making steady progress, the most noteworthy developments of recent months having been the increasing importance attached to the copper discoveries in Rhodesia. The report shows an increase in the net profit for the year of about £48,000, most of which came from dividends and interest, though there was also an increased profit on sales of estates. The dividend and bonus are at t he same rate as last year.
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