Tokyo. Apr. 26.
Sponsored by Japan's largest consumers of Kailan coal, the Kailan Sales Company, Lid. was formally organized here yesterday.
The new concern is capitalized at ¥.2000.000, half of which has' been pald up. The company will mono police the distribution of Kailan coal in Japan, Korea, Manchuria and Atter a five-year suspension ping service. Tinking dopa Europe by way of Panama will Fovived by the Omka Shosen 'Kaisha Indu, it Was announced here Yor Aight. 'Five vessels will: be" put the ran. the Toit Maru, Kina! Maru, Sanyo Maru, Hokkal-Mru-and' Nan: Kea Bart. "They wilt make the voy. Ake from Jepany Manchuria or China to europe in 43 dav by way of the onan Canal "Attic ud the antic. "Regular sailings are' plan Mr. Shinkyo Nakamatsu, managing, director of the semi-oficial Japan Tron Manufseturing Company, has been appointed president of the new firm, which will open for business on May 1—Domel.
The local office of the Kailan Mining Administration yesterday stated that they have no information on the subject.
Text read from the printed page and cleaned; old type leaves the occasional error.