The Archive · 1934

Osaka Cotton Mil

Osaka, Sept. 26.

Fears that local cotton and rayon spinners will be unable to live up

ments beeduse of damage to factor! to their contracts on forde shi and to raw materials were expressed to-tiny by offclals of the Japan Spinners' Federation.

Eighty-thousand bales of raw cotton, 700" bales "of cotton yarn, and 3,000 bales of rayon were ruined by water when godowns were flooded in Inst Friday's typhoon.

The amount of damage sustained by various plants Is still under investiga tion, but it Is conservatively estimated at ¥, 300,000,000.

'The Textile Exporters' Union taking steps to obtain the agreement] of various overseas firms not to annul existing contracts on the ground that Japanese shippers were unable to iver, and is striving to obtain an extension on the delivery. terms. Rengo,

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

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