Iam pleased to be able to report that the estate has been granted an increase in the standard production which for 1936 is 796,143 Ib, 60 per cent, of which is exportabl> "at present, Assuming this percentage 10 romain' in force during this year, It will mean an increase in the estate's output of 20,000 Ib, more than last year.
T wow have pleasure in proposing that the report and accounts for the year ande' December 31, 1935 as presented accepted."
Mr. Mellor adaed that a reply was being formulated to the circular dated February 24 from the Shanghai Shareholders Protection Associatio and this would be circulated in due course to all shareholders in companies managed by Messrs. J. W. Wattle & Ca, and themselves.
Text read from the printed page and cleaned; old type leaves the occasional error.