The profit for the year amounts to $9002269 which after adding the credit balance brought forward. from 1094 of $7,541.22 leaves a credit of $87568.91 out of which the 1990 Preference Dividend was paid, $20,654.90, Teaving $0,928.95 which the directors recommend be dealt with as follows:—
To write off Property Account $3,927.35 To waite off Carts and Motor Tea ces ko. count It is the turn of Mr. R. N, Swann' to retire in rotation, but being eligible hho will offer himself for re-election. Mr. C, F, Shackleton resigned on Jeaving for home and Mr. A. J. Welch a a asta Its director-general, Herr Berliner, Kadoorie, K.B.E. resigned on leaving died ast. month and there Shanghai and Mr. H. Kedoorie was rumours that he committed suicide. appointed in his place, These apointments require your confirmation, The shortage in the premium re-'Messrs. Lowe, Bingham & Matthews serves of the Phoenix Insurance Ca. offer themselves for re-election as fg estimated to amount to at Joost auditors to the company.
250,000,000 schillings, according 0 a Statement made to press representatives by the Finance Minister, Herr Draxler.
Text read from the printed page and cleaned; old type leaves the occasional error.