No New Financing Necessai ry: Earned Surplus at Close of 1936 Amounts to $12,454,575.21
The annual report of the Shanghai Power Ca. for 1038, just. issued, Presents on illuminating picture the present stale of affairs of the The board of directors state:—
Dividends on your company's silver preferred stock have been regularly ald quarterly from date of Issuance, The dividend which normally would have been paid on January 1,"1937, was paid on December 18, 1936, Dividends on the U.S$7 cumulative second preferred stock of the eom= pany have been pald in full to Dee~ ember 31, 1036.
Text read from the printed page and cleaned; old type leaves the occasional error.