Smaller Production and Lower Costs Last Year The 15th annual general meeting of the shareholder, Consulidated Rubber Bs 14) Ltd. was held on 10 at the office of Messrs. ALR. Rurkill Kons, secretaries and general manager, with 3M me, chair ima," presiding, by Hummel, 3. and Hugo, Reiss, Shares represented ame ed "The following is the Chairman's The report ant a beer in your hands for some days, Twit, with your permission, follow the usual course and take them as real, The profit for view amounted to Th compared with Tls, 169,280.52 the previous year, a result which was more or less anticipated in view of the very low prices prevailing during the greater part of the ye after it was known that restriction would be lifted in November, 1928. The average selling price of all krwies was 8.320, Tk, BS, the prev speech at the last annual meeting, 1 informed you that the com pany Ind overproduced to the extent of some 158,000 Ib. which had been taken into the accounts at the bare cost of tapping and collecting, of 13 cents per Thy, and the actual amount realized on this stock was some TIs, 27,000 in excess of the amount at which it was me cluded in the accounts. This factor, ed with the lower cost of per Ib, con= the "satis taking into considera tion the low price obtained for our commodity, and the directors are very pleased to recommend dividend of 20 tael cents per share fon the year's working as indicated in the appropriation,
Text read from the printed page and cleaned; old type leaves the occasional error.