ton Mukden Moji Cant Changchíakow Nagasaki Dairen Nagoya tokyo (Marunouchi) Tsingtao Yingkow Star G. KISHINAMI, Manager Before bringing my remarks to a conclusion I would like to make special mention of the admirable Work of our staff. The energy required to launch an enterprise of this kind, and to build it up so rapidly, in a time of great difficulty, can well be imagined; and the burden of all this work has fallen upon the staff, especially Mr. C, C. Chow. Our company certainly possesses an asset of great value in the driving force and initiative so clearly demonstrated during this past year. To the entire staff we are indebted for the good results of this first year of working.
Text read from the printed page and cleaned; old type leaves the occasional error.