The Archive · 1939

Cable and Wireless

Shanghai, May 10, 'The Eastern Extension Australia and China Telegraph Go,, Lid, yester= po] day received the following cable report of the annual meeting of their Bssoelated company-Cable ang. Wire fess Lid,—held In' London' on Apiit The chairman, Ai. award "Wile shaw, JP in his speech said

sully of the working of the compan Lords and enter, the re-luring 1930 show what Is in alt the circumstances of that. year a. very fatlatactory profit of just over one rail lion pounds. "This ts 2250000 Jess than the front inthe previous yar when £200,000 was set aside 10 provide for the effect of the Empire Fiat Tate' scheme, 1 Will be noted that it has not. been "necessary 10 draw on this reserve to meet the dividend now proposed, 'The dividend recommended is 34 "per cent gainst Sis percent. pold ast. year 4 difference of only' £7,000. will bbe noted that the carrysforward' is Increased by £20,000,

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

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