Osaka, May 5, Directors of the Kurashikt Spinning Ca, Lid., to-day approved a proposal to increase by ¥.16,000,000 the firm's present capital of ¥.20,- (000,000, "Accrued funds will be used to erect cotton mills at Tientsin, JChina, and at Hojo, Chime Pretec. ture, and for the improvement the company's woollen manufacturing {foclities. This decision is subject to approval at the general. meeting of shareholders here on July 20. The proposed Tientsin plant would have 66,000 spindles and 1,000 weaving
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