The Archive · 1910

The Rubber Boom

To the Editor of the Sin,—With reference to the subscription to the shares of the newly founded Kota Bahroe Rubber Estates, Ld., I wish to draw your attention to the advertisement which appeared in your paper on Satarday lest to the effect that the subscription list for the mentioned shares was to be open the Hongkong and Shanghai 10 a.m. yesterday.

arrived at the Book shortly after the advertised time, I was told that the subscription had' been opened "lat 9.30 lusted of 10 a.m, and that it was now closed.

Tu my opinion this in not fair to the and I hope that in fature that will not occur again.

Lam, etc, D, MeCout, General Manager.

*,*We publish the above (incom-plots in two particulars) as received, bat owing to the pressure upon our space we are unable to reproduce the memorandum which is being cir-colated among Ratepayers.—Ed.

Shanghai, March 19,1910.

To the Editor of the Cmxa Datcy New:

Mr, McColl has at a Into iven the net earnings for the last four months to January; bat they are lamped in auch @ way that comparison with the Sgures of last year is not easy. May I have the use of your columns to state them as follows Shanghai, March 22.

Io reference to the above we understand that the subscription list in question was to be opened officially at 10 a.m. on Monday; but such a large crowd of applicants besieged the Hongkong and Shanghai Bank when the doors opened, that it was teand necessary to open the list earlier and the first receipt was signed at 9.10 am. The list was closed at 1025 am, at which hour people in the Bao! permitted to hand in their subscriptions, bat no further money was taken after that time. It remains to be added that total of Tls. 1,600,000 was subscribed against the Tle, 100,000 required.—

Text read from the printed page and cleaned; old type leaves the occasional error.

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