ANGLO-SIAM CORPORATION.
. The chairman of the Anglo-Siam Corporation had all excellent annual report to submit to -the shareholders on Tuesday last, the net profit being £119,785, as compared with 298,879, and the distribution for the year is 35 per cent., aq compared with 324 per cent., the bonus, in addition to the 22f per cent. dividend, being increased from 10 to 124 per cent. The company is thus reaping the benefit of the sound financial policy Which it has followed in the past, and even so the margin of profit permits of the allocation of £35,000 to dividend equalization fund. The - balance-sheet makes a strong showing with investments in British Government and other securities of 2280;050,- and the reserve IS "now' • slightly in excess of the- issued- capital. At the meeting the chairman gave an exhaustive review of the company's activities and indicated that results would have been even better but for the failures among rice merchants in Java, the continued unsettled state of affairs in China and the depression of trade in Singapore, owing to the decline in the price of rubber.
A. W. K.
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