Shanghai, May 17.
The directors of Metal Industries of China Ltd, have decided for commend to" shareholders at. the forthcoming annual general meeting to be held on May 31 the payment of dividend of $8.00 per share in respect of the year ended December 31, 1939, North China Insurance Ca., Ltd, Shanghai, May 15.
At the forthcoming annual general meeting of the North China Insurance Ca, Ltd, to be held on May 23, at 1030 am, the directors will recommend the' payment of a dividend of £3100 per share. The directors will also recommend the payment of a bonus on contributory premium of 20 [per cent, for the year 1030, 'The Anancial position of the Company is very satisfactory and at December 31, 1939, the net surplus assets, taking' the value of the deben. tures' at the then market price, amounted to Eh. $244,026.39, whilst the dividend and other payments recommended by dhe board will only absorb Chinese $84,940.36.
Text read from the printed page and cleaned; old type leaves the occasional error.