Jardine, Matheson & Ca. to Close Their Office Peking, Jan, 17.
It is understood that Messrs Jardine, Matheson & Ca. Ld, are closing' their Peking branch in a few months time. 'The present manager, Mr. Mackensie,"will go on leave in' May, and it is believed that he will not be replaced, the offices being advertised for renting.
A number of big companies secking contracts, such as Weetman Pearson's, Armstrong Whitworth's, and Vickers withdrew their regular presentatives two or three years while the Kailan Mining Ad~ ministration closed their local office in the autumn, Te is now und stood that other ordinary trading firma will follow Jardine's example, The reasons are that there have On the Eastern slope of Tungyung Island, Foochow District been several years of bad trade owing to the civil wars, accom= panied by heavy likin and other charges and especially very heavy freight charges.
Text read from the printed page and cleaned; old type leaves the occasional error.