25 SEPTEMBER 1926, Page 38

Rows LIMITED.

The Annual Report of the Company is an attractive one if only in the sense that it gives a most detailed account of the Company's operations, quite distinct from the RePort and Balance Sheet itself. The latter, however, is quite excellent In character. The available balance, after meeting interest on Debentures and Preference shares and the interim dividend on the Ordinary shares was £61;794 against 255,095. A further sum of 220,000 placed to the Reserve brings that account up to £220,000. Moreover, in addition to maintaining the dividend of 10 per cent. on the Ordinary shares, the Company is declaring a bonus of 21 per cent., while the amount allocated to the Staff Benevolent Fund is £5,000 against 13,000 a year ago. After making these allocations, the