The directors' report for the period ended September 30, states that the estate working—scoonnt shows 8 balance carried to profit and loss account of Tls. 28,69609. This amount includes 8,853 1b. of rabber on hand and io transit which have been valaed st Tis, 12,945.23 or 3/6 per Ib The profit sod loss account shows Shaw, Twoed & Co's loan. This firm, unfortunately, was unable to meet its ions and, after carefal consider-ud in concert with their other principal creditors, the board decided to take over the shares for the company's account and moreover to release the firm in question from farther liability, On September 30, these shares were quoted at Tle, 25 per share, bat have since depreciated more, and the directors have therefore written them down to Tis, 17 per share, which may be regarded a8 conservative figare.
Dee, 19.
MONEY AND EXCHANGE, pened with a fall of yd, andi m alight weakness was reported from Bombay daring the coarse of the day. The strength of the position is evident from
below parity. Ever since to move up six weeks ago the fact that rates are now only oft
between silver and the rates has rem for a fow remaining at even over 1d.
Text read from the printed page and cleaned; old type leaves the occasional error.