As the expansion of the business and shopping district of Shanghai makes inroads into the residenti ily district compelling people to live farther out west there are many complaints of the distance that must be covered before. people can reach their offices. Such a situation is only. natural in a developing city and ssid Binds mo more graphic an illus showing for the closed. Including a 912,208 brought. forward from last year the profit made by the. com= Pany amounts to Tis, 3,867,800, and it is doubtful whether any' concern operating solely in. Shanghai—in contrast to those whose business is widespread—has ever before been able to show such handsome earnings. The remarkable thing is the advance made by the company recent years. Reference to the Ales of the "North-China Daily News?" show that in 1914 the profit. was Tls. 295,000, so that the company to-day shows itself making practice ally ten times that amount, which constitutes a very notable achievement in the history of local _com= merce, If the dividend recommenda tions, published on page 3, are carried) it will mean" that shareholders receive a dividend of 42 per cent, for the year,
Text read from the printed page and cleaned; old type leaves the occasional error.