PROBST, HANBURY & Ca, 'The ninth ordinary general meeting of Probst, Hanbury & Ca. Ltd, was held on' June 21, at 90 Fenchurch Street, London, E.C. 3. In te absence of Mr. E. A. Probst (the chairman of the company), Mr. Cecil Hanbury, ate, presided.
The secretary (Mr. R' J. Shan) raving read the notice convening, the meeting and the report of the auditors, the chairman said:
Ladies and Gentlemen, as to-day fs the anniversary of the birthday of my late dear father, Sir Thomas Henbury, who first associated him-If with this business 70 years ago and was one of its early pioneers, it gives me great pleasure to preside at this meeting. The report of the directors, with the accounts for 1928, have been in your hands for a week, and with your permission will be taken as read.
China Moving Towards Peace I am pleased to be in a position to-day to confirm the optimistic te struck at our meeting 12 months ago. Nothing sensational has occurred since then, but China undoubtedly moved in the direc tien of peace and security with the establishment of a Nationalist Gov-earnment at Nanking, and trade has received m welcome flip by comparison with the preceding year. Tt would seem almost redundant for me to dwell at any length to portant denouement, oF the upon the vicissitudes which led no
Giffeulties which must still be ex-ceted in trading with a country of the size of China, at this early stage lof her rebirth, as the Press of this country has kept us all so fully and reliably informed of current events 539] there.
Tam glad, however, to be piece goods auctions accounts largely for the redaction im this tem in 1028. With the proposed writing down of the shares held by our company in the Lancashire feotton mill (referred to in the!
Text read from the printed page and cleaned; old type leaves the occasional error.