The Archive · 1937

A $10,000,000 RICE COMPANY

Preparations Made to Supply South-West with Product Capitalized at $10,000,000, 2 company named South China sie company is being formed by Mr. 'T. V. Soong, member of the Standing Com= mittee "of the National Economic Council, Mr. Sun Fo, President of the Legislative Yuan,'Gen. Wu To chen, the Mayor, and many. others.

The main object of the firm 18 to supply the south-west with rice produced in Central China, thus relieving the shortage in Kwangiung which has een caused following the imposition of an import tariff on foreiga pro duets, 'Among the banks which signi= fed their intention of subseribing to the shares of the frm were the Bank of China, Bank of Communications, the Bast Asia: Bank, the Sin Hun "Bonk and' the "Bank of

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

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