CHARTERED PROGRESS.
Although there has been a small fall in Chartered shares during the past week in common with other speculative issues; the report issued by the directors for the year ending September last is a distinctly encouraging document. The financial results' themselves are good, the net profit for the year being /853,897 as compared with £569,920 for the previoui year, while the • increase in the bonus brought up the total distribution,. for the year to 2s. per Ordinary share Financial Notes continued on page 294.) -(Continued from page 292.) --
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of 15s., a distribution equal to well over 18 per cent. Railway tarnings in Rhodesia have shown a good expansion for the year, while the Engineer's Reports as to the actual and potential production of copper in Northern Rhodesia are very encouragink.-
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