No coin nor oath required. For personal study only.
An extraordinary gcncrnl inectiiig wns held on J d y 30, wlicn an agrccincnt. was approved bctwccn tlic company and the Coniiiicrcinl Gas Company. The ngrccincnt providcs for tlic coinpnny mnking and giving inforinntion :is t o nnalyscs of coal or rcsidunl products of conl for :Ind to tlic Comnicrcial Coiiipnny and testing nppnrntus for the Coinniercinl Company a n d giving tlieni advicc :iud assistance in rclntion to the purchnsc and mnipling of coal nnd production nnd disposal of rcsidunl prodiicts ;inti for tlie coiiipnny, on ternis to be agreed or settled by :irbitrntion, unlonding conl at the compnny's East Grcenwicli lnnding stcigc nnd plncing it into barges for tlic Coniincrcinl Compnny. The finniicial nrrnngcnicnts provide for tlic eschnngc of rillnost f700,000 of ordinnry stock in tlic Coninicrcinl Coiiip:iny for an ngrccd quota of prcfcrencc stock in tlic South Jlctropolitnn Coinpnny, on the bnsis of El00 of ordinary stock in tlic fornicr coinpnny for f92 of prcfcrcncc stock in the Inttcr. This will niakc the South Nctropolitnn Compnny the liirgcst ordinnry shnrcholdcr in tlic Coiiiiiiercial Gas Conip:iny.
The directors of the Soiitli IIctropolitnn Bns Coinpnny ]lave declared nn intcrini dividend of 24% on thc ordinary stock for tlic G nionths cndcd June 30. Similiir iiitcrini pnymcnts linve bccn iiiiide for the pilst 9 ycnrs.
ZINC CORPORATION, LTD. Tho nct,profit for 1029 wns f2.16,050 (against f255,534).
N t c r writing down unrcnliscd Icnd' conccntrntcs to a bnsis of f 15, mining rcvcniic W:IS โฌ137,150 (ngainst $141,623). Interest on dividerids ctc. yicldcd E124,830 (agiiinst f118,583) ; n fiiiiil pnrticipiiting dividend of 2s. \vas declnrcd, innking 35% ; general rcscrve ivns nindc up to f 18O,OOO, h i v i n g f35,474 to be ciirricd forward. Tlic ore riiiscd amounted to 257,359 tons (ngainst 275,060 t.). ltcscrvcs of lend lode iiicrcnscd froin 2,666,800 tons to 2,707,000 t., and zinc lode was 249,056 t. (against 245,696). Lcad conccntrntcs were viilucd on a bnsis of f15 lend and 1s. Gd. finc silver, instcad of f 2 0 and 2s. Tho gross ralric of iniiic production wns E1,201,061 i i n d cxponditurc f 1,063,905.
LYNN BEET SUGAR FACTORY, LTD. Tlie third iiiinunl geiicrnl mccting wns licld on Jmic 20, nnd wns prcsidcd over by Sir Jnmcs Nnrtin, Chnirmnn. Contracts liiid bccn mndc during tlie senson with 1416 growers for 16,004 ncrcs of siignr beet, compnrcd with 11,557 ticrcs supplied by 1004 growrs in 1928. For 1930 1649 growers were cultivating 22,010 ncrcs. The yield per iicre in 1929 was 8.58 tons, ngninst 7.67 tons in tlie previous ycnr. The sugar contciit averngcd 17.2070, coinpiired with 17.24% in 1929. The average price p : d to tho grower for his beets \ma 51s. 4d. per ton, ns compnrcd wit11 51s. Gd. per toil in 1928, but the grower lind illso tlic iidvantngo of the improved toiuirige produccd. Tlie trading profit nmounted to f 141,822, conipnrcd irith f87,574 for the previous ycnr. Deprecintioii nnioiinting to f42,000 hnd been written off. After providing for ill1 chnrges, ete., there I'ils n bnlniico of net profit nmouiiting to f45,000, which tlie directors proposed to npply to the pnyiiicnt of n divitlcnd upon the ordiniiry sliiires of LO%, frco of tnx, ns iiguinst 8%, frco of tux, pnid tlic previous yenr.
๐ SIMILAR VOLUMES
Benznldehydo free from Chlorinc.-2ss. Bd. per lb. Bcnzyl Acetate from Chlorine-freo Bcnzyl Alcohol.-l~. 10d. per Ib. Bcnzyl Alcohol frec from Chlorine.-1s. IOd. per Ib. Bcnzyl Bonzontc, 2s. Gd. per Ib. Cinnnqic Aldchyde.-Natural, 13s. 3d. per Ib. Coumarin.-11s. per Ib. Citroncllol.-8s. per Ib. Citrn
This Mnrkct Rcport is compiled from special informntion rcccived from tlic Mnnuhcturera conccrncd. Unless otherwise slated, the prices quoted below cover fair quantities net and naked a t sellers' uvrks. Tho following nltcrntions in prices nro reported sinco the publicntion of tho lnst I m k c t Rcp
comn~ui~icntioiis mhich those conccrncd feel disposed to mnke. A11 infornintion received by the Depnrtnicnt will be coninmnicated to the Nission. ## The Institute of Metals Trip to Dturd In co~inesion with the nutumn ineetiiig of the Instit.utc of JIctnls, \rliich will be 11cltl n t Soutlianipton
Beta Oxy Naphthoic A c i d . 4 ~. .Gd. per lb. 0 -& ~0 l 30/31ยฐ C.-$3 1s. 10d. per cmt. in 1-ton lots. m-Crcsol98/100%.-2s. fkl. per Ib., in ton lots. p-Ck~~0134-5~ C.-1s. 9fd. per lb., in ton lots. Dichlomnilhe.-ls. 10d. per Ib., f.0.r. works. \*Dimethylaniliio.Spot, 1s. 8d. per lb., drums extra.