27 AUGUST 1927, Page 28

ARTIFICIAL SILK PROSPERITY.

For the moment, at all events, almost every business con- cerned with artificial silk appears to be prospering and, as noted elsewhere, leading issues like Cotfrtaulds continue to soar in price. In the case of the well-known manufacturers of sewing silk, Wardle and Davenport, the latest dividend state- ment is a particularly good one, being 17 per cent. tax free, making 20 per cent. for the year, giving an increase of 5 per cent. over the previous year.