Company Formed in Shantung It may be remembered that several years ago an attempt was made to start a trawling company in Shanghai, but for one reason or another it was never proceeded with. This was one of the few attempts made to put the fishing industry in_ these waters on a modern footing. The reinment Bureau of Economic Information now report a flotation in Shantung with the object of carrying out some such scheme, although in this case no mention is made of trawlers, which were to have been the cipal feature of the company alluded to. The Bureau de-Fibes the objects of the new com-follows Several Shantung—capitalists have raiscd.a sum of $5,000,000 for the purpose of establishing a fishery company in Chefoo, {o be known as the Hua Tung Ca., La.
y fishing boats are to be pured and modern methods will fallowed. The fis! area ludos the Yellow Sea and Hoon:
fai for the time being, but will gradually be extended later. The plans of the company cove:
1, A' well-equipped factory fo the preparation of eanned fish. company for fishery waste.
A fishery bank for the deposits of. or loans to, the people engaged in the fishing industry.
4. The collection of deep sea specimens for the purpose of exhibition.
The company has been registered at the Ministry of Agriculture and Commerce.
Text read from the printed page and cleaned; old type leaves the occasional error.