At this week’s meeting of Mappin & Webb, silversmiths, proxies in favor of the capital rearrangement scheme, concerning which there has been some criticism, were announced. Some 353,000 preference and 219,900 ordinary shareholders have favored the scheme. Around 17,500 preference and 4,200 ordinary shareholders were against it. Sir Charles Eves, chairman, said preference shareholders are being asked to sacrifice nothing; in fact, he said, there may be a bonus for them in the distant future, while there is every indication that dividends on ordinary shares will be resumed at the end of 1926. The outlook in the silversmiths’ trade, he said, is now a little brighter than it was a year ago, although the crush-burden of taxation does not tend towards any great revival in trade conditions generally.