"The nail industry in Shanghai, in common with many other native industries, is in a very unhealthy condition,' in that ion fax Consumption," said Mr, D. choirman, at the fifth annual general meeting of shareholders of the General Forge Pro-duets (1929) "Ltd, which was held wy afternoon at 4 o'clock ing Road, He was supported by Messrs, D.
Judah and H. Gensburger, diree= tors, and shareholder representing 'The notice convening the meeting and the auditors' report on the Accounts having been read, the jehairman said:—Gentlensen, The Report and Age counts having been in your hands for the prescribed period I, shall, read. with your permission, take them as
Your Directors regret that, the year's working again results in a joss but assure you that everything possible has been done under very trying circumstances. At this paint 1 think it will be of general interest if T give you a short review of conditions affecting your business, The nail industry in Shanghai, in common with man other native industries, ig in @ very unhealthy condition, in that production far (Continued on next page)
Text read from the printed page and cleaned; old type leaves the occasional error.