Authoritative quarters. interviewed bythe Teporter" revealed, however, lat no negotiations had. ever taken place over the question of taking ver the forslgn-owned. mills, They Dointed out that the name of an offal Srgamaation didn't appear in he ad-Seuisement and shat the only -on-fusion "thee could be drawn" from Such an advertgement war that some Bho marine, miglio have inserted that 16, who had been speculating.
ftdverasemént sto. cause people fells thereby making pices drop. Tt sway even rumoured at many cotton Brokers had received. similar notices. The foreign mills wil go on. with Mtr business as sia 'The Chungking press in Shanghat expressed indignation yesterday" over the adverements "Bas conned Ghat he No.2 and No. D Sung Sin Gottol' ails" were transferred merican and British Interests. res pectively. long ago.
Rinted of if some people wanted {0 {ake them over, diplomatic. trove Flat develop. ly, was said that the mils "wore. "reorganized" and {fansforred to foreign ineresta before the outbreak of the. Sino-Japanese Hostile Both. mills were suid ber imited "companies, having. no cat capital neither Ili the past nor present.
Owned by "Flour King Tt was recalled that the cotton mills were formerly operated by the late Mr, Yung. Tyung-ching, also known '8 "the flour king?" but thst since the American and British Interests had taken over the mills they became 'The No, 4 Sung Sing Cotton Mild hag moved to Chungking, 'The Nos 5, 6, and 7 Sung Sing Cotton Milly in Hongkew, th Nos, 1, and 8 Sung Sing Cotton 'Mills in' Chouchisehiao (Western District) and the No, 3 Sung Sing Mill in Wusih were either destroyed or taken over as a result of the hostilities, The No. 2 and No, 8 mills in Shanghai were, the only ones on of nine Sung Sing Cotton Mills in operation, it was said.
Text read from the printed page and cleaned; old type leaves the occasional error.