Company's Working: Hope of Future Returns The fifth annual general meeting shareholders of the Pengkalan Durian Estate (1921), Ld, was held at the offices of Messrs. J. P. Bisset & Ca., secretaries and gener-managers, on Monday, Mr.
M. Hummel, Chairman of Directers, presiding, supported by Mr. B, C. Gill, Director.
'The total number of shares represented was 26,810. Mr, H. V. Hummel, A.c.A. represented the secretaries nnd general manager: land after he had head the notice convening the meeting and the auditors' report, the Chairman For the past, few years, at somewhat greater length since the introduction of restriction, I have in swy speeches at our annual meet ings dealt with the market con-Gitions and prospects of our commodity. I have done this for the comfort of all of us, absent friends shareholders on your side of the table, my colleagues and myself. 1 depart from the custom, considering that dividends paid and' assured will do all that is requisite in the matter of satisfying you that all is well. Restriction has accomplished alli that it was introduced to do, tha in, it has reduced the surplus world's stock of some 200,000 tons, then six months" full supply, to 50,000 tens, which is now—by so much has the demand expanded in the menns time—suficient for only five weeks. It, the Restriction Scheme, has done 40 much, so very much, for us that it. must' seem ungracious, indeed ungrateful, in me to it in any way. T cannot however refrain from saying that Iam of thave who regret that the counsel of the advocate the up of releases hen the of supplies became obvious, was not beaded. That consumers' did not pare us when we were down undeniable and it is fairly our turn Dut, could we not have, would we of' indeed have had a longer and 4 better innings, without any bad 5, Blood between us, if we had waited until the advance was made and not artificially created
Text read from the printed page and cleaned; old type leaves the occasional error.