Low Middling account of inequality between American and Liverpool types the grades lower than the above cannot be compared and will have to be sold against U.S. Government Standard types or private types. Subsidiary speci-
The Japan Cotton Trading Ca.
The statement of accounts of the Nippon Menkwa Kabushiki Kaisha (Japan Cotton Trading Ca., Ld.) for the half-year ending March 31 shows a nett profit of 064,808,10, to which there is added the surplus of Y.642,- 860.64 brought forward, These amounts have been allocated as follows j Reserve funds Y¥,500,000, 60 Directors' bonus 165,000 Dividend (22 per cent per annum) Y.9.50 per old Y.1.37) per new 1 forward to next half-yearly account 842,663.14
Total Y.3,707,663,14
Text read from the printed page and cleaned; old type leaves the occasional error.