5 OCTOBER 1929, Page 50

A GOOD PRECEDENT.

The directors of the Staveley Truit have published a satisfactory report showing that dividends of a year -ago have been maintained at the rate of 6/ per cent:- on'-the Ordinary Shares while a good feature is the very full statement which the Report contains with regard to the trust's invest- ments. The directors state that approximately122 per cent. of the company's capital is invested in Ordinary Shares and 32 per cent. in Preference Shares, the remainder con- sisting of Gilt-Edged, Foreign Government and torporation Securities, Debentures and Prior Charges. In addition to this general statement, however, the directors have furnished separately a schedule giving the entire list of the investments,