"(China Mait.)
An ordinary half-yearly meeting of the shareholders of the above company was held on the 25th July, Mr. E. R, Belilios in the chair. There wore present:—Messrs. H, Hoppius, F. Grobien, W. R. Landstein, and Louis Hauschild:
A. Vaucher, Jorey, Gustav Raynal, Ede,
of the Report said that although it was short, The Cuasnarax in proposing the adoption it. was to the point, giving, he thought all the information desired; it explained everything. He referred briefly only to the rate of interest now being paid on the Company's loan; they were paying more than they had done under the agreement which recently expired; but by arrangement with a local firm they had obtained the money at 7} per cent. They had been compelled pay on soaking Uk new arreigecrent a higher rate of interest; because there had been a great scarcity of dollars here, and money was accordingly dear. But considering the circumstances of the times he thought they had been fortunate in making so advantageous an arrangement.
Text read from the printed page and cleaned; old type leaves the occasional error.