Shareholders in the Ewo Cotton-Spinning & Weaving Ca., Ld., the Kung Yik Cotton Spinning Weaving Ca., Ld., and the Yangtszepoo Cotton Mill, Ld. have now received from the general managers circular giving details of a proposal to amalgamate these companies. The circular points out that Messrs. Jardine, Matheson Ca. are at present controlling three undertakings which are practically competing with one another, whereas if amalgamation took place attention at each mill could be confined to certain specialities and a redistribution of the machinery making for increased production, improved quality and further economy, could be effected.
Text read from the printed page and cleaned; old type leaves the occasional error.