COTTON CRISIS IN JAPAN.
FINANCIAL DIFFICULTIES. EXPLANATIONS DEMANDED. United Press Assn. —Elec. Tel.—-Copyright. (Received March 18, 10.5 a.m.) TOKYO, March 17. The leading cotton importers, the Nippon Mcnkiva, arc in serious difficulties and the chief shareholders are demanding explanations. The president, Mr Kita, promises that the losses will bo written off, but there will be no dividend, lie also suggests a reduction' of capital. The crisis follows the numerous bankruptcies of small importers, forming a commentary on iliu recent panegyrics of Japanese buying methods as a factor in the successful competition, agataat Lancashire.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT19300318.2.77.2
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume 107, Issue 17972, 18 March 1930, Page 7
Word count
Tapeke kupu
93COTTON CRISIS IN JAPAN. Waikato Times, Volume 107, Issue 17972, 18 March 1930, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in