The Archive · 1915

03 KUNG XIK COTTON SPINNING

WEAVING CE., ID

'Messrs. Jardine, Matheson & Ca., Ld., general managers of the Kung Yik Cotton Spinning & Weaving Ca., Ld., inform us that, at a meeting' of the consulting committee of this Company, held on December 29, it was decided that the share holders should be recommended to apportion the balance at credit of 1912, 1913. 1914, Tons, Tons. Tons. January 784 1,181 February 743 1,703 March 898 1,285 April 762 1,048 May 814 1,309 Tune 12 1,480 July 380 1,190 1,884 August 729 1,315 1,895 September 597 1,087 1,602 October 650 1,144 3,008 Total (tons) 4,428 9,449 17,088 These figures include trans-shipments of rubber from various place: in the neighbourhood of the Straits Settlements, such as Borneo, Java, Sumatra, and the non-Federated Malay States, as well as rubber actually exported from the Colony, but do not include rubber exports from the Federated Malay Btates.

THE mone, MARERT IN

The "Mainicht" slates that Japanese banks show an unsatisfactory half-yeara work, particularly bank: in the interior. These banks vance money mainly on the security of bonds, rice, raw silk, and landed property, and the low prices of rice and raw silk, reflected as they are also in depreciation of bonds and land, have placed these banks in an awkward position. The "Mainichi"

ports that a certain bank in Oka-yama, desiring to dispose of some land which it held as security. so as to realize cash, found that it was difficult to sell it even at prices 40 ner cent. below the assessed value.

The depreciation in bonds. though not so serious as this, quite serious enough. The general result of

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

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