We are informed by Messrs. 4. R. Burkill & Sons, general managers of the Karan R@bber Estate Ca., Ld., that the profit for the year ended March 31, 1920, was Ts. 10,191.71 which, added to the amount of Tls. 3,299.40 brought forward from last year's accounts, leaves balance of Tls. 13,491.11 available for distribution. At a meeting of directors held on Tuesday, it was decided to recommend the following appropriation at the annual meeting of the company to be held ea Tune 16, at 4 p.m.
Tis.
To pay a dividend of Tis.
0.50 per share (5 per cent.) To write off estate development To carry forward to next year's accounts Messrs. R. N. Truman & Ca. have received the following telegram from their agents in connexion with the auctions held at Tls. 13,491.11
See Kee Rubber Estates Singapore on May 26:
Average price realized No. 1 Smoked Sheet $0.78} per Ib. equivalent to 1s. 10}d. ex warehouse Singapore. agutvalent to Is. 11d. ex warehouse No. Crepe $0.80} per ib.
Singapore.
Marpet steady.
Offered 631 tons sold 488 tons.
Reporting on the rubber auctions The Directors of the See Kee Rubber Estates (1918), Ld., received a telegram on Tuesday ' morning at from their Singapore agents, Messrs. Barker & Ca., La., offering $115,000 (with three weeks' option from May 28) for their factory block, which comprises 357 acres, of which some 90 to 100 acres ace under rubber. Thig offer will be put before the shareholders at a meeting to be convened at an early at Singapore on May 19 and 20} dates News of this offer was con-
Messrs. Meyer & Measor state The price realized during the auction rose to about last week's veyed to the Shanghai Stock Exchange and also the Shanghai Sharebrokers Association on Ties-level in spite of the depressed tone: day.
Text read from the printed page and cleaned; old type leaves the occasional error.