Mr. David Kwok's Address ta Rotary Club a well attended tiffin meeting of the Rotary Club. held at the Metropole Hotel on Feb. 2, Mr. David Kwok gave an_ interesting classification talk on the Wing On Textile Mfg. Ca., illustrated with two reels of movies, Mr. E. PF. Harris, president of the club took the chai Mr, D. Kwok passed around a leaflet giving an' outline of the growth of the company. It had been printed a few years ago, he explo!
and since that time, both spinning. and Weaving: machinery have been added' $0 a8 to increase the produc Hon' of cotton yarn and cloth, and the capital has been increased. to $22,000,000" by declaring a stock dividend.
The leaflet traced the history of the company back over a quarter of avcentury when a few ambitious Chinese from Kuangtung emigrated to. Australia, Having made. good there in a few years, some of these returned to Hongkong and. started one of the first department. stores: there, called the Wing On, later establishing the big store in Shang-ud, stores at. several other Realising the need for frac-in China they started the Wing On Textile Mfg. Ca. in 1923, which has now grown into the huge: plant in operation at Woosung now, mnploying. 13,000. people, - In. reply {ora question, the speaker said that the damage done last year" during! the Sino-Japanese trouble has now been all repaired.
The company consume annually in. its four mills 500,000 piculs of cotton, approximately valued at $25,000,000, "This cotton comes from Various cotton collecting stations throughout the country and. also from india, America and Egypt. At manufacturing. cost of $8,000,000] this cotton is converted into cotton yarn, ranging in counts from. 10s dos. A portion of this. cotton yarn is consumed to weave cloths
figures the company annually. pro-Yavious constructions, "Tp round duce 160,000 bales of cotton yarn, consume 40,000 bales in their weave sheds to manufacture 50,000,000 yards of cloth, and sell the rest of the yarn, Mr. Kwok here exhibited two reels showing the complete process of manufacture from the raw cotton to the finished article. The! films were excellent and gave a good idea of the up-toxdateness of the plant ut Woostng.
Text read from the printed page and cleaned; old type leaves the occasional error.