'The Directors' Report The directors of the West End Estates, Ld., in their report for the year ending' December 31, 1925, state that during the year under review the paid-up capital has been brought up to Tls. 225,000, represent. ing 22,500 shares, by allotting 12,500 new shares. "Steps are now being taken to secure further subtion of share capital to a still more substantial figure, approaching og near as possible the capital au-
New properties to the value of! about Tls. 155,756.03 (including minor additions) have been acquired during the year, bringing the whole of the company's holdings up to Tis, 499,852.48 after allowing fo: depreciations. Xo change had been made in the book value of the land of the old holdings, which remains at the figure of Tls. 69,409 up to December 31, 1925. The latter figure is considerably below the!
ket value, the actual market! lue being Tls. 121,928, which the following particular will explain:—Book to 7 points on the week, although yen Carder Taq the business transacted inthe staple on the part of the mills has been very small, Spot quotations are follows:—Tungchow 30.50: Shanghai 29/2950: Shensi 29: Ningpo 2 Yesterday morning the total dea in on the Chinese Cotton Goods Exchange was 10,900 piculs, the closing: quotations of the session being as: follows:—May 28.60: June 29.
Text read from the printed page and cleaned; old type leaves the occasional error.