TIVRCLAYS (D.C. AND O.).
I referred last week to the interesting address delivered by Mr. F. C. Goodenough at the annual meeting of Barclays Bank. That meeting was immediately followed by the meeting of shareholders of Barclays Bank (Dominion, Colonial and Overseas) at which an address was also given by Mr. Goodenough. Interest in this gathering centred in the information given with regard to developments in some of our Oversea Dominions and in other countries where the operations of the Bank are carried on. With regard to South Africa, Mr. Goodenough was able to refer to the remarkable improvement which has taken place in trading conditions, while by reason of the rise in the price of gold that country has, of course, benefited greatly by the sales of its output from the Transvaal. Thus, for the past year, although the actual output declined by about 500,000 ounces, the value was over £67,000,000, as compared titith' over £49,000,000 in the previous year.
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