The Manchuria Petroleum Ca.. has increased its capital to ¥.20,000.000, The alcohol! monopoly which has just been established will assist in solving the {uel problem, when the Government enforce their plan to mix alcohol in their motor spirit. The pulp industry Is of vital importance to Japax who ig obliged to import over 80 per ent, of the raw material for her rapidly expanding rayon, industry. Four pulp companies in eastern Man: choukuo are expected to consume} About 8,000,000 cubic feet of timber. At Yingkow the Kangteh Pulp Ca. re utilizing the reeds which abound along the lower Liao River. The Antung Paper Ca, is making paper from hemp refuse and the Manchuria Pulp Manufacturing Ca., expects to put out 10,000 tons a years from its new factory at Kalyuan using bean husks} for raw material.
The principle of "one large company for each major industry" not been realized, but the unification being carried out. The! Hovernment intends to urge Tight in-Alustries "and! textile, manufacturers to. organize a control association
Department of Finance and Commerce within each industry. At present the ig planning to induce all and flour mills, gunny bag and tobacco factories to organize separate associations for! regulating their supply of materials and the distribution of their products and for controlling, exportation and importation of these goods.
In this connection the announced reorganization of the Toa Tobacco Ca, is of interest. The parent Ca., capitalized at ¥.11,500,000 retains its Dairen plant, A newly established Manshu "Toa Tobacco Ca. ¥.25,000,000 fully paid up, takes over the Mukden and Yingkow plants and all. their business in Manchoukuo, while the: new Huapei Toa Tobacco Ca., takes over the Tientsin plant and the new Chinwangtao factory,
Text read from the printed page and cleaned; old type leaves the occasional error.