Development Five Japanese Firms Will Start Plants Here New impetus to the development of Shanghai as an industrial manufacturing centre will be given soon as five Japanese firms will establish plants here, the "Tairiku Shimpo" reported yesterday. 5 The establishment of a glycerine factory is being planned in Nantao by the Nippon Yushi Kabushiki Kaisha, while the site for a chemical and soap manufacturing plant is being sought by the Daiichi Kogyo Seiyaku Kaisha, which also intends to establish similar works in North China, the Japanese daily said.
A Y.4000000 machinery plant will be set up in Shanghai by Okaya and Company of a Y.10,000,000 firm with headquarters at Osaka.
Two electric appliance factories will soon begin production, according to the "Tairiku Shim) One is the plant of the newly-formed Y.1,000,000 New China Electric Company, the other the China Electric Appliance Works on Chun Kung Road, leading from Yangtzepoo to Woosung, operated by the Japanese Furukawa Electric Company. The latter will go into operation in Februa U.S. Silver Imports Silver to the total value of $581,000 was imported by the United States during the week ended December 6, compared with $1,289,000 during the previous week.
Consignments of the white metal during the period under review were received from the following principal sources: Canada $28,000; Mexico $407,000; Peru $80,000; and, Honduras $48,000.
Imports during the previous week came from the following principal countries: Canada $159,000; Mexico $828,000; Peru $65.000; Newfoundland and Labrador $49,000; Japan $155,000 The Philippines $12000 and Chile $11,000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.