facturers Approached has been learned that, fol-owing the report, made on Shanghai Mutual Telephone Ca. by} the Home expert, Mr. B. 0, Anser hich was, published inthe Mur Gazstte of November 29, the question of raising the required Tls. $000,000 has been put before three the leading telephone equipment Officials of the company decline to discuss the matter on the plea that a general letter to the stock holders has been drafted and will sent out shortly.
Meanwhile it has been learned that in. making overtures to the tauipment companies, the Telephone Company s officials do not make any suggestions as to how they. shall enter the scheme of things, whether hey wontd consider lending the re-Guiged" money, oF buying the Com amy outright, but merely ask if Fie mamutactorers wish to take any Setion on the needed financing Toewested in the report.
'The replies, or tenders, are to be in the hands of the company by January @ and. it is" probable that Jone' time will elapse after that be Tore the general public has inkling what might become of the Com any. as the matter will have to 4 B2"Brought before the two Councils the shareholders.
Text read from the printed page and cleaned; old type leaves the occasional error.