23 MARCH 1934, Page 59

MAPLE'S HIGHER PROFITS.

In examining the report of Maple & Co. for the year ending January 31st last it must be noted that the comparison is with a previous-report covering-thirteen months. Therefore, the net profit shown of £207,227 as compared with £204,023 is thoroughly satisfactory. The dividend is maintained at 5 Per cent., while the balance-sheet shows a strong Cash Position. The amount due to Creditors is small, while the Cash in Hand and at the Bank amounted to nearly £200,000 and investment in 2 percent. Treasury Bonds stands at just