The jute mill continues to be well supplied with work and appears to be appreciated by local consumers yorsied cloth with the result that the looms, of which we now have thirty, are fully booked for some months ahead, Your general managers are study-Ing the position closely and it is) hoped that before our meeting next. year further extensions will have been effected.
"The cotton crop in China last year was much smaller than that of the previous year, the respective quuntities as given by the China cotton statistics Association being 6,200,000 piculs and 11,200,000 piculs, A severe raught in North China during the sowing season and, later on, floods in the Yangtze Valley, were responsible for the poor yield. In the Yangtz9 delta the crops were good.
Text read from the printed page and cleaned; old type leaves the occasional error.