Mri H. E, Arnold presided at the 24eh annual general meeting of the China Import & Export Lumber Company held yesterday in the offices of Messrs, Arnhold & Ca., Id. general managers, He was supported by Messrs. W. J. N. Dyer, Salsoon and ©. L. Seitz (directors) and Mr. J. E, Gray, secretary. There were 9,517 shares represented.
The notice convening the meeting having been "rend, the "Chairman Gentlemen—At our annual general meeting last year, the Chairman spoke of the continuance of political trouble and consequent _unsi factory conditions of business in the Treaty Ports and in the interior. Last year, we went through a cris in China which resulted in stoppage our operations for several months, due to boycott and strikes result" ing from anti-foreign propaganda. Civil war conditions during the autumn and winter north of the Yangtze Valley were almost. continuous, There seem now to be prospects of a quieter period ahead Of us, but restoration of confidence in trade development will only come when we have real peace for some time and something more than a semblance of government by' arbitrary military authorities.
Text read from the printed page and cleaned; old type leaves the occasional error.