Mr. J. Donne asked for the directors' views in regard to the question of making forward sales, and whether it was intended to make further sales forward.
The Chairman replied that the question of forward sales was a moot point, and there were just as many shareholders in' favour of selling as against. They had sold sufficient for the company's requirements.
Donne said -that it was rather a big percentage and hoped that it would not be increased.
Pere Morin. said that he consider: ed that it' was not right to make any forward sales at this time. As the demand seemed to be greater than the supply Ko did not see why companies should go i for fordant!
Text read from the printed page and cleaned; old type leaves the occasional error.