Mr. A. G, Stewart, a Scottish paper manufacturing expert, who was appointed adviser to the Ministry of Industry to make a thorough study fof the whole plan, especially its economic side, estimates that the mill would be capable to delivering paper In Shanghai at a cost of $110.64 per ton. Investigation into the cheapest newsprint imported into China gives the figure of $110.94 per ton. This, of however, is known to be the results of "dumping" on the market. Foreign mills could not, it is believed, maintain such a low price for any lengthy period. Even if such prices were maintained, the China mill would show a small profit over their foreign rivals of $030, which, taking into con-production is shown by the fact that Your of China's leading dally papers, the "Shun Pao", "Sin Wan_ Pao", "Eastern Times", and "China Times" between them consume 20,000 tons of newsprint annually.
The trustees of the British Boxer ports and the financial estimates. They have agreed to grant the loan required, and the contract will be made in due course. The capital raised by public subscription will be /sponsored by the local vernacular ress. The Bank of China, the Bank of Communications, and the Central Bank, etc, have been appointed to fhandie, any transactions with regard to shates.
Text read from the printed page and cleaned; old type leaves the occasional error.