ROLLS-ROYCE HAVE A GOOD YEAR.
THE Directors of Rolls-Royce, Ltd., at their Meeting on March 10th, decided to recommend at the Annual Meeting at Derby on April 7th, 1933, that a dividend be paid at the rate of 8% per annum together with a bonus at the rate of 2% per annum for the 12 months ended December 31st, to be due and payable on May 19th, 1933.
The profits for the 12 months ended December 31st, 1932, were £150,978 13s. 4d. The team of Wolseley Hornet Specials which recently won the 100 Miles Relay Race organised by the N.S.W. bght Car Club in Australia, on the
Maronbra Speedway. The lap speed of each car was 71 m.p.h.