The Archive · 1940

Cotton Industry

The cotton industry is the largest single industry in China and is capable of immense expansion. The total number of spindles installed in China is far below the amount required to cope with the domestic demand, without considering the possibilities of the export trade.

The tremendous success which has attended the operate of local mills in the past few years is too well known to investors to need comment and there is little doubt that the opportunity to acquire an interest in the industry on terms closely approximating to those enjoyed by the original investors will be eagerly seized upon. The directors of the company are:—Messrs: W. C. Gomer-sail, Chow Chih Chun, Chow Ming Tai, F. R. Davey, G. E. Marden, R. Smith and Yao Chung Pa.

Text read from the printed page and cleaned; old type leaves the occasional error.

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