Your Shanghai Mills have already Shanghai, Nov. 30, At a board meeting of the Sami returned to pre-war conditions and are now working day and night employing over 10,000 mill hands. goga Rubber Ca,, Ltd., held yesterday: the di directors decided' to recommend to shareholders at the fortheomini, As to your Tsingtao Mills, T am annual meeting the payment glad to report that, not only are they|of a dividend of 2 Dollar cents per now restored from war ruins, but share. furthermore, they have restarted operations as from October 21 several weeks ahead of our expectation; they fare in fact the first mills to restart working among Japanese mills in that city. T must stress the fact that the officials and staff of these mills must have had a most trying time in the course of accomplishing their task with such astonishing success and our The profit, for the year was $92,700.49 which when added to the credit balance brought forward {rom last year makes the amount available for appropriation $58,221, the directors recommend be alt as follows:—
To pay a dividend for the year dollar cents per share $20220%0 Pay "the General" Managers? thanks are due to all of them.
Commission of 1 per gent, on the Machinery Installed Bani Dairy Prods, out 4 Mill have almost approached comple-Building works on your Tientsin
tion and the installation of machinery and plant will be put in hand as soon as. they are delivered.
With regard to the account hitherto held in suspense in connection with losses sustained by the present war amounting to ten million yen, your' Board considered it sound policy to liquidate them rather than to leave them in abeyance until cessation.of the present hostilities in anticipation an indemnity by way of compensation.
Text read from the printed page and cleaned; old type leaves the occasional error.