It is officially announced that the marketing and exporting of tung oil shall now be centralized under the Fooshing Trading Corporation of the Ministry of Finance, in close collaboration with the Foreign Trade Commission. The. corporation is capitalized at $60,000,000, The Central Trust is at present controlling the export of bristles, China exported last year over 40,000 tons of wood oil, mostly to the United States, paying off American credits amounting to U.S.$25,000,000.
China's annual production of wood oil is about 70,000 tons, America's purchase last gear was about U.S.$16,- 000,000,—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.