E.M.I, RESULTS.
Electric and Musical Industries has again presented a • good Report for the past year showing a profit of £451,000 Against £420,000 a year ago. Consequently the Directors are paying -a dividend of 10 per cent, plus a bonus of 2k per cent. on the Ordinary 10s. shares against only 10 per cent. for the previous year. It should be noted that in 'addition to the trading profits £114,000 was obtained frdm 'profits realised on the sale of investments, thus making the total amount available £565,000. . Apparently the market-had, ex- pected an even slightly higher distribution, for the sharps weakened slightly to 26s. at which 'price the yield to the investor is just under 5 per cent.
A. W. K. '!