The fourteenth ordinary meeting of the Laoa Kang Mow Cotton Spinning and Weaving No. Ld. was held at Messrs. [Ibert und Co.'s offices on Tues day afternoon, Mr. F..\nderson presiding. In moving the adoption of the report and accounts for the past year, the chairman said that the local yarn trade had been disappointing throoghout the year; a large portion of the production was formerly sold locally for the manufacture of native goods for' shipment to Manchuria, but ever since the end of the Russo-Tapancse war trade with that warker hud been under a cloud. They were waiting pation in the hope that the impediments wor be removed and that trade would part ally least return to its former channels. Mr. Anderson also made some interesting remarks on China's industrial interest, but owing to pressure on our space we are compelled to hold over a verbatim report of his speech.—The report and accounts were adopted, Messrs, Michelan and Cheng Liang-yue were re-appointed directors, Mr. Wingrove was re-elected auditor and it was resolved to hold the next General Meeting during either Februsry or March, 1909.
Text read from the printed page and cleaned; old type leaves the occasional error.