24 MAY 1930, Page 36

BURMAH OIL PROFITS.

One of the most cheerful features of the speculative markets during last week was the rise in The shares of Burmah Oil and Anglo-Persian, the former being--affected: by the excellent results :actually disclosed, and the latter by •hopeful antici- pations of .the forthcoming statement. The profits of the Burmah Oil Company increased by nearly £2,000,000 to 3:3,437,000, while the dividend which had been 20 per cent. for two years in succession has been raised to 30 per cent. The advance in profits is generally attributed to the cessation of

the Indian oil war. - * * * *