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WHAT'S NEW? Presenting a quartet First African firms join TROBAS—We are pleased to announce the first Associated Firms in Africa. Federation of Rhodesia and Nyasaland DERRY, ELLMAN-BROWN & FRASER. Principal office in Salisbury, also has a small office in N'Dola. The partners are the Hon. G. Ellman-Brown, Hugh Fraser, J. W. Morley, J. J. Smit, J. Teunon, C. J. Voss, and K. T. Wood. Union of South Africa GOLDBY, PANCHAUD & WEBBER. Offices in Johannesburg and Port Elizabeth. Partners in Johannesburg are B. C. Harrison, J. C. Macintosh, R. G. Macintosh, A. M. Rosholt, T. B. Toms and H. C. Twycross. C. B. Blaker is the partner in charge of the Port Elizabeth Office. COMPTON AND HORNE, located in Durban. The partners are C. M. M. Clutterbuck, R. G. Falconer, J. A. Fyffe, N. C. Harris, C. I. Mun-Gavin, J. A. Porteous, G. McL. Ross, C. H. Souchon and J. A. Stewart. DOUGLAS, MACKELVIE, GALBRAITH & CO. in Cape Town. W. E. Chetwin, V. H. Cooke, W. Dawson and C. L. Steyn are partners here. New Zealand firm welcomed—We are pleased to announce a new Associated Firm in New Zealand, Clarke, Menzies & Co. The partners and offices are as follows: Auckland Christchurch Wellington H. C. Middlebrook W. Hay (Manager) R. A. Davison G. C. Edgar S. G. Dalley D. A. F. Crombie K. C. Bolland TROBAS, Peru reports appointment—Our Associated Firm in Lima 38 THE QUARTERLY