The Archive · 1929

Japanese Cotton Mill

SOLD TO CHINESE

Negotiations have been completed for the sale of the Tokwa Bosekei Kaisha Weaving Factory; 87 Ward Road, to Chinese interests and the transfer arrangements are now being made.

The Tokwa Bosckei Kaisha was a Japanese concern and was under the management of Mr. I. Ishida, who has just left for Japan, Whilst fair profits were made annually by the company, it was considered that it would be better, in view of efforts being made to strengthen Chinese and Japanese relationships, to dispose of the concern to' Chinese, it being thought that, if this were the

Text read from the printed page and cleaned; old type leaves the occasional error.

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