Peiping, Apr. 2.
A North China Raw Cotton 'Association was formed here yesterday with Mr. Rokure Goto, Director of the Japanese Mill Owners' Association "in China, as Chairman of the board of directors.
The association will have its headquarters in Peiping and a branch office in Tientsin. The chief activity of the association will be to regulate the supply of raw cotton in North China—Domel, Tokyo, Mar. 20.
Flotation of ¥.250,000,600 in bonds during the present fiscal year by the semi-Governmental North China Development Company was approved at the firm's first shareholders: mecting held here toda}
Profits for the past seal year, consisting of November and December, were listed as ¥.20,202. No dividend was declared, ¥.2,021 being set aside fas a legal reserve, while the sum of '¥.262 was earmarked for a superannuation fund. The balance, amounting to ¥.28319 was carried over to this year—Domel, Texas Gull Sulphur Transamerica Te
Text read from the printed page and cleaned; old type leaves the occasional error.