Hard Hit by Boycott and Fall in Pound Sterling we Hongkong, Dec. 18.
The Hing Kee Company, one ithe largest and oldes', of the piece goods concerns in Hongkong, to-day Was reported to be in difficulties. The management was said to be seeking a moratorium in order to} jonable the firm to resume business. The plan would provide for ment of a portion of Kee's debts immediately, the _remainder|{y to be paid over a long period.
The anti-Japanese economic boy-cotta he decline, in, the ave fof the British pound sterling are the factor held responsible for the Hing Kee difficulties.
The decline in Japanese imports} into South China has been graphic fealty illustrated by the latest trade statistics issued by the Hongkong Government. The figures show that in comparison with a year ago imports of Japanese goods into [South China in October declined 56 per cent, and 77 per cent. in November—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.