Last week had an important anniversary in the history of the Shanghai Dock and Engineering Ca., Ltd. It is the company's 30th birthday but' the congratulations on reaching so mature fan age will be tempered by the thought that it might be its. last birthday as an independent company in view of the amalgamation scheme which may possibly fructify in the near future, Formed as a development of previously existing dockyards, the Shanghai Dock can be said to'trace its origin to the earliest industrial days of the Settlement and Its amazingly wide scope of business has in-eluded not only shipbuilding and engineering but also church building.
was one of its constituent companies, S. C. Farnham, Boyd and Ca, Which, with the adaptability of all capable engineers, was responsible fo. building Holy Trinity Cathedral fis formation, the Shanghai Fecord of work has stood extremely high and statistics reveal the important part it has played in the mercantile and engineering life of Shanghai. During this period more than 5,000 vessels have been drydocked, and many steamers, lighters and smaller craft built, To the investing public of Shanghai figures are even more eloquent for in this period over $16,000,000 has been paid out in dividends, and $3,800,000, or approximately halt the original capital, has been paid back in cash to chare-holders, This {s a record of which the Dock and all associated with it may justifiably be gratified adding financial security to a high standard of work which is the engineer's proud claim.
Text read from the printed page and cleaned; old type leaves the occasional error.