At a meeting of the directors: of the Shanghai Cotton Manufacturing Ca., Ld., the Shanghai Boshoku Kabushiki Kwaisha, held yesterday, it was decided that the sharon holders be recommended to apportion the balance of Sh. Tls. 2,821,- 455.60 at credit of profit and loss account on June 30, 1921, as follows Tis.
Dividend of Tls. 20 per share 1,670,009 90 Place to legal reserve fund 150,000 99 Place to special reserve fund 600.009. Allow for depreciation 198,242.21 Add to staff provident fund 10,000.09 Workmen's relief fund 50,000.00 Carry forward 213,213.39
Tls. 2,821,455.60
Text read from the printed page and cleaned; old type leaves the occasional error.