Agricultural Trading Firm for Tientsin Tientsin, Oct, 22, An agricultural trading company, capitalized at $500,000, will be estab: lished by ~Japamese ' merchants Tientsin, according to information from local rsiness circles. More than 30,000 mow of land have been leased by the company at Chuntiang cheng and Peitang, on the Peiping-Liaoning Railway, near Tangku, which will be primarily used for the planta lon of cotton—Central News, Reducing Competition Tientsin, Oct. 22.
One phase of Japan's' economic progress in North China has been Nrikingly revealed by an announce: ment al an extraordinary generat meeting of the Yao Hua Mechanical Glass Ca., Ltd. of which the Kailan Mining Administration are managers. Shareholders wore notified that the Belgian shares in the company had keen taken over by the Asahi Glass €o. of Japan and the Shoko Glass Ca. of Dairen, The company thereby was transformed from @ Sino-Belgian Into 2 Sino-Japanese concern.
'The management agreement with the "Kailan' Mining Administration will continue in force, but, while the KINA, will carry on' the sales buslness as hitherto, the price of glass wilt be fixed by mutual arrangement Between the Yao Hua and Shoko fo avoid cut-throat com-ie. to this competition attributed, The prospects of prose perity in the future as a result of the combination are regarded as very bright.
Tapanese engineers and technical experts will replace the Belgians at Chinwangtao, who are at present in charge of the actual work of manu: facture, but no changes will be made in the Chinese staff. The "B" class directors, related to the shares taken over from the Belgian interests, will fnelude the general manager of the KINA. (Mr. E, J. Nathan), another prominent British member' of that Administration, and five Japanes While there are also two Japane: supervisors—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.