RAILWAY PLANS
THE CHINA MAIL, MAY 6, 1937.
SHIPMENTS OF SILK
⠀ INCREASE
Japan's Exports To
U. S. Up
CURTAILED
Raw Materials Too Dear
As a result of the rising costs of new material, particularly of steel, the Lon- don Passenger Transport Board may have to curtail its £40,000,000 scheme for railway electrification and other
Exports of Japanese raw silk in March amounted to 35,920 bales, worth Y.32,393,142, increasing 4,159 bales, or 13.1 per cent., and Y.3,840,382 or 13.5 per cent, over totals for February, ac- cording to the Central Silk Association. improvements. Exports to the United States, the greatest consumer, increased 4,749 bales, but exports to Europe decreased 527 bales and those to other countries 63 bales, compared with February.
The plans of some of the main line companies may also be affected.
An official of the Transport Board said that rising prices would add about £5,000,000 to the cost of the scheme.
March exports also gained 570 bales, or 1.6 per cent., and Y.4,754,179, or 17.2
"As steel is largely affected, it is. per cent over those of the correspond-probable that the greatest pinch will ing month of last year. Exports to
be felt in the production of rolling- the United States advanced 2,335 bales, stock, rails and tunnel supports," but those to Europe fell 698 bales and added. "An example of the effect of those to other areas were down 1,067 higher steel prices was the recent re- bales. The list of leading countries of duction in the Transport Board's order
for new coaches from 1,000 to 750.”
destination follows:
Compared March with Feb. (In bales) .30,377 in. 4,749 2,174 de. 284
de. 2,027
125 85 de. 632 in. 112 de. de. de. 85 in. 21 -20
U.S.A.
France
Great Britain
Germany
Australia
Brazil
Canada
91
British India
248
Egypt
French Morocco
30 de.
Total including
others
he
It is considered improbable that the
of substitution
trolley 'buses for trams over about 148 miles of London routes will be seriously delayed by the new conditions.
108 It was stated officially, however, 285 that the consideration of the proposal 17 to extend the Bakerloo tube to Cam- 4 berwell had been postponed indefinite- 334 ly.
Features Of Scheme
35,920 in. 4,159
According to the Yokohama Raw Silk Traders' Asscoiation, the March shipments amounted to 32,349 bales, worth Y.32,349,000. These figures dif- fer slightly from those of the Central Silk association. Of the total, ship- ments from Yokohama were 26,16-1 bales and from Kobe 9,642 bales.
Spot silk deals in New York are now somewhat slack, demand for silk to be used as material for hosiery and broad weaves is steady. Purchases of Ja-
in Yorkohama panese exporters fairly heavy.
U.S. Tin Plate
are
Main scheme, were:-
features of the £40,000,000 which was passed in 1935,
Electrification of L.N.E.R. lines to
Shenfield and Loughton, High Bar- net and Edgware, and the Alexandra Palace;
I
Extension of the Great Northern and City Railway;
Construction of tube railway from Highgate to East Finchley, and from Finchley-road to connect with the Bakerloo line, and
BANKS
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THE BANK OF EAST ASIA, LTD:
Authorised Capital $10,000,000.00. Paid-up Capital
$ 5,598,600,00 Réserve and Undivided
Profits
$ 2,776,726.76
'HEAD OFFICE :-HONG KONG. 10. Des Vœux Road, Central,
I
BOARD OF DIRECTORS:— Hon. Sir Shou-son Chow, Ohairman; Là Eoon
Toug. Eug Chan Ching Bhek, "Esq., Li Lan Sang, Bag Wong Chu Hon, Esq. and Kan Ying Fo, Esq., Fung Ping Wah, Esq.
Improvements to several of the ex-Chun, Esq., K. Kwok Esg. Wong Yua isting stations.
Altogether 12-miles of new Tube rail- ways were to be provided, and the electrification scheme was to cover 44 miles of suburban railway.
Work has already begun on a tun- The fourth bulletin of the Interna-nel from Mile End to Leyton, part of the extension of the Central London tional. Tin Research and Development line from Liverpool-street to Newbury Council, Manfield House, London, has
Park, Ilford. The full scheme was ex- been prepared by Dr. B. W: Gonser and other members of the staff of the pected to be completed by the end of
1939.
Battelle Memorial Institute, Columbus, Ohio, U.S.A., and is entitled Tin- Plate and Tin Cans in the United States,"
Amoy
Kan. Tuog Fo, Esq., Chief Manager, Li Tee Fong, Esq., Manager.
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San Francisco - VEDCOUVE
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securities.
one year 03
Every description of Banking and Exchange- lent accounts of the production of pig business transacted. Loans granted on approved "The three previous bulletins, it will iron and steel are given, followed by Current Accounts opened in Local Currency be recalled, dealt, respectively, with chapters on hot and cold-rolling pro-and Fixed Deposite received for "Tin-Plate and Canning in Great Bri-cedure, annealing and normalising, shorter periods in Local and Forelga, Currencies
on terms which will be quoted on application. tain,' "Solder," and "Contemporary pickling, tinning and the manufacture
Safe Deposit Boxes To Let. Pewter in the Netherlands." The pre-of terne plates. sent bulletin, which contains 143 pages and 159 illustrations, covers the tin- plate and canning industry of the United States very thoroughly.
The manufacture of tin-plate from the raw materials to the finished ar- ticle is described in detail, and excel-
are
The many applications of tin-plate and the manufacture of the numer- ous types of tin cans employed then dealt with and the book closes with a chapter on the future of the tin-plate industry in the United States.
-Engineering.
KAIPING COAL
FOR HOME, FACTORY & POWER HOUSE
HOME,
FACTORY
POWER
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Chief Manager.
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Head Office: Hong Kong. 26, Des Voeux Road, Central Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des cription of banking business transact- ed,
Current Accounts and Savings Ac- counts opened. Mixed Deposits re- ceived at rates which will be quoted on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN, Chief Manager.
Hon. Mr. M. T. Johnson,
Daputy Chairman, 201
J. K. Bousfeld, Esq., A. H. Compton, Esq.. S. H. Dodwell, Esq.,
J. B. Masson, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. J. J. Patetsour, T. E. Paares, Eng..... A. L. Shields, Esq.,
V. M. Grayburn, Esq., Chief Manager.
BANGKOK
BATAVIA
BOMBAY
CALOUTTA
CANTON
1
CHEFOO COLOMBO
DAIKEN FOOCHOW HAIPHONG HAMBURG HANKOW HABBIN
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ROWLOON
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Current Accounts opened in Local Ďurrar y and Fixed Depoal received for one year or sortar periods in Local Currency, and - Stakling- on varma which will be quoted on application.
ALSO up to date BAFÉ DEPOSIT BOXES 'la various size: TO LET.
Hong Kong, 1st March, 1987.
HONG KONG SAVINGS BANK
The Business of the abora Bank is conductad by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Rules may be ‘obtained an application.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN. --
Chief MatSPOT. Hong Kong, 1st March, 1867.
THE YOKOHAMA SPECIE BANK LIMITED
Established 1880'
Capital (fully paid-up) Yen. 100,000,000 Reserve Fund ..... Yen.182,850,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
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Honolulu
Hsinking
Karachi
Kobe
London
Manila
Los Angeles
Moji
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Nagoya
New York Osaka
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Rio de Janeiro San Francisco Seattle
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Tokyo
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Interest allowed for Current As- counts.
Deposits received for fixed periods at rates to be obtained on applica- tiona.
Y. KANO,
Manager. Hong Kong, 10th March, 1987.
AND
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For Price Apply to
TUGS &
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SHAN
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Capital paid up .....$5,000,000. Reserves
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