The Archive · 1939

Secretaries Agreement

Your directors have further arranged to enter into a new agreement with the secretaries which will entitle them in future to receive their fee in Straits Dollars instead of in Chinese Dollars. The amount of the fee has been fixed at Straits $1,500—per annum, the equivalent of which the present rate of Exchange is slightly in excess of the present fee. The basis for calculating the Com-

That the directors' report and statement of accounts, as presented be E Mr. A. J. Welch and opted and

led by Mr. L. E. Canning.

"hat the election of Mr. L. Kadoorie as a director of the company be confirmed.

Proposed by Mr. C.

F. Shackleton and seconded by Mr. Dong Mai Kwun That Mr. H. Kadoorie be re-elected a director of the 3 Propomd Ur ME M. A Welch and Messrs.

Wi we. Bingham elected auditors of the year and that Accounts for $145,000,000 from last week but an increase of $1,349,000,000 over the cor-

British Rubber Stocks London, Apr. 3. Stocks of rubber in Great Britain on April 1 were estimated at 71,800 tons, showing a decrease of 1,130 tons from the previous week. The stock of rubber in London on April 1 totalled 46,770 tons, showing a decrease of 446 tons, while the stock at Liverpool was listed at 25,039 tons, representing a decrease of 684 tons.

British rubber deliveries during the week ended April 1 totalled. 1,981 tons, compared with 1,628 tons during the previous week. Deliveries in London during this period totalled 1.259 tons, compared with 873 tons during the previous week—an increase of 386 tons. Liverpool deliveries, with a total of 722 tons revealed a decrease of 33 tons from the previous week.—

Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account