The Archive · 1937

Conditions Improved

'The appeal made by the Shanghat-Sumatra Rubber Estates, Lid, against the original assessment for i936 was ranted and the company was allowed an increase of 60,836lb. on their' Standard. production assessment for 1036, raising this from 753,8191b, to, i4srmb, 'This was revealed at' the annual meeting of the company held on Feb. 17 at the offices of the general agents, 1 'The Bund, Mr, MeBain was in the chair, and' the other directors present were Messrs, Horace Kadoorie and A. J. Welch. '40433 shares were represented by the atlendanee, Ju his speech, the chairman said:

The accounts for the year ended October 31, 1936, reflect the Improved conditions of the industry and you will note in the general. profit and loss account the balance at credit of tig account, after making allowance of $7,701.03 for depreciation, and including the balance brought forward from last year and the profit of $40,854.70 transferred from rubber Working account amounts to $48,- 407.93, which balance I will later propose in the form of a resolution, be dealt with og follows:—

To pay a dividend of $0.0 29,006.00 sravcarry forwiid i igi

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

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