Shanghai, May 27.
"Shanghai Dockyards," formed on June 1, 1936, has an issued capital of '$10,000,000, and its Balance Sheet as at 30 September, 1938, shows 2 profit of $100,600, and' an overdraft at its bankers of $280,000 which at 7 per cent, interest charged up quarterly Fequires, some $20,000 per annum to service it 'There are eight Directors, seven of! whom are British and one German. 'These gentlemen are—H, V. Wilkinson chairman (absent from Shang hal}, H. EH. Arahold, deputy chairman, BR, Davey, D,' Morison, Marden, N, H. Lacey, J. H. Keswick and Dr. A: Korft, The six British directors have been most generous in influencing very substantial donations to this Fund from businesses which they direct, as can bbe seen from the following list—
Text read from the printed page and cleaned; old type leaves the occasional error.