A GOOD BONUS..
Quite an outstanding feature in the Industrial Market has been the good result announced by Crompton, Par- kinson, Ltd., the electrical manufacturers. The report showed a rise in net profit of no less than £112,000, so that while the dividend is maintained lit the same rate as for the previous year, namely 121 per cent. with a capital bonus of 7 per cent. in " A " Ordinary shares, the directors propose to capitalise a further £241,294 of reserve in order to distribute among holders of Ordinary and " A " Ordinary shares, a share" for share bonus in " A " Ordinary shares. This will increase the issued Ordinary capital to £499,478, and the 'reserve and surplus will still aggregate 2373,439.
A. W. K.