Negotiations are under way between between the American Trading Company and the Japanese authorities here for the transfer of some $12,- 000000 worth of copper owned by the firm, an official of the company stated yesterday. He denied, how~ ever, reports that a transfer had already started. or that negotiations have been completed. The hearing of the $3,000,000 suit placed by the American Trading Company against the Commercial Express Company in the U. S. Court was again postponed yesterday.
This complaint was filed following the alleged removal of a quantity of copper from the defendant's godown soñe time ago. The Trading Company has large quantities of copper in various godowns throughout the city. and it is the transfer of this which is contemplated,
Text read from the printed page and cleaned; old type leaves the occasional error.