24 MARCH 1928, Page 42

HOTEL PaoFrrs.

Although in their Report the Directors of the Savoy Hotel complain that business still continues to suffer from the effects of the Strike, the figures for the past three years show wonder- ful steadiness in profit earning. For the past year the total was £258,473, being almost identical with 1925 and about £2,000 ahead of 1926. A dividend of 10 per cent. is again paid on the Ordinary Shares after allocating £50,000 to Reserve and £20,000 to " Special Alterations," while there is a slight increase in the carry forward. It would almost seem that earnings are not •to go. very far before they are 'up :to the leVel of 1924, when, in addition to the dividend, share- holders received a bonus of 21. per cent.

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