4 MAY 1934, Page 40

The profit statement by the Dunlop Rubber Company encourages expectations

of a thoroughly good report. The dividend recommended is 8 per cent. on the Ordinary stock, which compares with 4 per cent, for the previous year and no dividend at all in 1931. The profits have increased over the previous year by 1652,789. For the previous year the total profit, after providing for depreciation and obsolescence, amounted to 11,542,430, subject to charges for guaranteed dividends and interest on the Debenture Stock and Loans. As from the beginning of the current year the Company has partly redeemed and partly converted its 5i per cent. Deben- ture Stock,- but the effect of this operation will not, of course, have affected the distributable profit of last year.

A. W. K.