$508,518.96 Shown; Prospects Good Shanghai ninth annual weral_ meet 1 of The Rubber Trust, Lid. was held yesterday at 49 Szechuen Ro; chairman, presided, imported by Messrs H. Kadoorie, M, Swann and A. J. Welch, directors, and Mr, W. A. Welch' representing! Messrs J, A. Wattie & Ca,, Ltd., Secretar sand General Managers, Shares pre: ent and represented totalled 441,500, The chairman in his speech The profit for the veer smyunts the very satisfactory sum of Ch.S50u. 51990 as conjured with a profit for the previous year of Ch$520.745.96. This. result. is especially gratifying when ole takes into consideration the fact that the average exportable alfowanee during the period under re~ view was just under 50 per cent. of the. slanderd production" assessment and the average net price realized for Our product was approximately only pence per pound nel, Purthermore, the average rate of exchange St which the Straits Dollars were converted into Chinese Dollars this year was 20, i, present Exel said
Text read from the printed page and cleaned; old type leaves the occasional error.