28 DECEMBER 1929, Page 30

A FRESH INDUSTRIAL ISSUE.

At last week's meeting of Taylors (Cash Chemists) the announcement was made by the chairman of the intention of the company to issue early in the New Year a further £250,000- in- 71 per cent. cumulative preferied ordinary shares at par and the same number of deferred •ordinary shares, also at par. It was further stated that on the issue being Made; Taylors (Cash Chemists) Trust, in part exercise of the Option contained in their agreement, would subscribe for a further 250,000 deferred ordinary shares at par. The shareholders are to have the first opportunity of subscribing, though, the offer is to be made to the whole of the share- holders of the other cash chemists with which the chairman, Mr. Philip E. Hill, is connected.

A. K;