A British Trust Gets Bigger

The Distillers’ Company, Edinburgh, have intimated that they have concluded an agreement with United Distillers (Limited) of Belfast, whereby one-half of their shares will pass to the Distillers’ Company and make a further issue of capital to meet the purchase price. The United Distillers (Limited) belongs to three of the largest grain distillers in Ireland, and the puurchase has been made by the Scottish company to complete their control of the production of raw grain whisky. The Distillers’ Company practically control the world’s markets now for this class of whisky, which is chiefly used by blenders. The existing capital of the Distillers’ Company is £1,920,000, and the new capital will make it £2,100,000.

The Baking of bread by electricity should find considerable favour, not only on account of its economy and cleanliness, but becauseit would afford a rational means of utilising the electric power of a town at a time when it would not be required for lighting purposes—between midnight and midday. Should the process become general, it would be possible to abolish nightwork for bakers.—”Commercial Intelligence.”

INVERARY CASTLE, and the extensive shootings attached, have been sublet by Mr. A. F. B. Cresswell, with the consent of the Duke of Argyll, to Mr. E. D. Jordan, of Boston, an American millionaire, who comes into occupation this summer. Thus the aristocrat succumbs to the power of the almighty dollar, and the plutocrat reigns in his stead.

Last Monday it was announced from Middlesborough that there will be a reduction of 3d. per ton on the puddling, and 2½ per cent. on other wages in the North of England iron and steel trades during the months of February and March.