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CALLENDER'S CABLE.

At last week's meeting of Callender's Cable and Construc- tion Company, the chairman, Sir J. Fortescue Flannery, was able to present a thoroughly satisfactory report. The profits themselves had shown a substantial increase, and in the course of his speech the chairman pointed out that good will and patents, on which large sums had been spent, stood at nothing in the books, while the reserve now standing at (Continued on page 1078) Financial Notes — _

(Continued from page 1077.)

£800,000 is twice the amount at which it stood at the end of the previous year. Moreover, the totat reserve and the carry forward is materially higher than the whole of the ordinary paid-up capital.

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