1937-05-18 — Page 17

THE CHINA MAIL, MAY 18, 1987,

MARCH EXPORTS RECORD

BRITAIN'S BEST IN 6 YEARS

£5,000,000 INCREASE ON LAST MONTH

COLLOIDAL FUEL SUPPLY PLAN

Plant Need Cost Only £250,000

I learn that the colloidal fuel blend of 60 per cent. crude oil and 401 per cent. powdered coal, has been sub- jected to test on a much wider scale than is generally known, and extend- British exports last month

were ing back over five years, writes Hec valued at

highest tor Bywater. £43,469,623 the figure since November, 1930.

፡

BANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON

Paid-up Capital Reserve Fund

The experimental stage is now end-Reserve Liability of Pro- The Board of Trade returns showed, and, I understand, the discussions that British exports in March exceed-which the Cunard Steamship Co. has ed those in February: by £4,899,586, had recently with certain oil and coal and those in March of last year by interests may result in the erection of £6,960,071.

plants for the production of colloidal In comparison with March of last fuel in very large quantities.

that for It is estimated.

a capital year imports were up by £14,691,155, and re-exports rose by £817,029. The outlay of £250,000 a plant capable of figures are:

supplying the entire oil-burning mer- he March, 1937. March, 1936. chant fleet of Great Britain could

.£82,691,379 £68,000,224 erected..

Imports Exports

Re-exports

48,469,628 36,509,552 6,716,840 5,899,811

Preference, however, is given to the project of building smaller plants at Trade in the first quarter of the various United Kingdom ports, where present year showed a substantial in-ships could bunker ex-wharf and save crease over the corresponding period transport charges. last year, as

the following figures After the first successful experiment show:

with colloidal fuel in the Scythia Increase Jan. to

other Cun- 19,761 tons, 16 knots March. over 1936. ard ships were supplied with certain £229,633,479 £29,383,298 quantities of the mixture to be burned

121,120,616 15,039,638 under one or more boilers.

18,752,835 2,891,167

Imports

Exports

Re-exports

Manufactured Goods Rise

The first quarter of this year, com. pared with the first three months of last year, saw the value of exports of British manufactured

―

$9,000,000- .£3,000,000

prietors

.£3,000,000

Agencies and Branches:

Alor Star Amritsar

floilo

Rangoon

Ipoh

Saigon

Bamarang

.Seremban

Kobe

Shanghai

Kuala Lumpur.

Canton Cawnpore

Kuching

Madras

Singapore Sitiawan Sourabaya

Cebu

Manila-

Colombo Dalhi

Medan

New York

Haiphong Hamburg

Paiping

Taiping Tientsin Tongkab

(Bhuket)

(Peking)

Painglo

Ponaug

Yokohama

Zamboanga

Bangkok Batavia

Hankow Harbin Hong Kong

Karschi Klang

Foreign Erobangs and General Banking business transacted.

Current Accounts opened and Fixed Deposits OVER For one year or shorter perioda at "rates

will be quoted on application... The Bank's Head Office in London undertakes and Trustee business, and claims Executor

of British Income Tax qverpaid, on recovery tarms which may be ascertained at any of its Agencies and Branches.

R. W. ROBERTS,

Manager. Hong Kong, 1st January, 1935.

THE BANK OF EAST ASIA, LTD.

Varied Coals Tried Consistently good results were ob- tained, I am informed, and it was: fin- ally decided to operate several boilers of the

Berengaria, 52,000-ton liner which has a speed of 23 knots, on this fuel. In this case also the trial was goods rise to quite successful,

Other ships which have burned the £93,759,156, an increase of £10,928,441. Every one of the 20 categories into colloidal fuel in an auxiliary capacity

20,277 tons and Authorised Capital which manufactured articles are sub-are the Carinthia

16% knots and several vessels of Paid-up Capital: divided, showed an increase.

and Chief of

the Alaunia class 14,000 tons and Reserve these were:

Profits 15 knots. .£2,410,764 The first Cunard colloidal fuel was manufactured by the Wallsend-on-

HEAD OFFICE-HONG KONG... 1,005,967 Tyne Slipway and Engineering Co.,

10, Des Voeux Road. Central. using ordinary marine fuel oil

BOARD OF DIRECTORS:— Yorkshire, Durham and Northumber-

Hon. Sir Shou-son Chow, Chairman; Li Koon land coal. Subsequently coal fom Lan: Chuu, Esq., P. K. Kwoke.

Work Lan cashire and Derbyshire and bituminous Tong. Esq., Chan Ching Bhek, coal from Monmouthshire were tried San Eag., Wang Chu Son, Esq. and Kan Ying

Fo, Esq., Fung Ping Wah, Esq. and found suitable.

Iron and steel

Vehicles

Cotton yarns and goods Miscellaneous

Chemicals, drugs, dyes. Machinery

1,624,584

812,419 794,140 767,796

Exports of raw materials were up by $2,970,204. The largest item under this heading was coal, exports! of which rose by £829,900 to $7,462,290.

It is noted that shipments of coal to Italy have been resumed.

The largest increase during the first quarter of this year in raw materials was shown by wool, exports of which were up by £1,285,779...

Raw Material Purchases

raw

The steep rise in imports during the first quarter of this year was mainly due to the heavy purchases of materials. The value of imported raw materials was £72,840,758, an increase of £12,048,661. The largest rises were: Cotton

Wood and timber

Seeds-and-nuts for oil...

Hides and skins

£3,778,027

£1,784,938

£1,777,7801

.£1,629,267

Importa under the heading of food,

and

Technically the new fuel gives the same results as oil fuel, though it is appreciably cheaper.

Undivided

$10,000,000.00 $ 5,598,600.00

2,776,726.76

Kan Tung Po, Esq., Chief Manager. Li Too Fong, Baqi, Manager.

BRANCHES AND AGENCIES:--

A confidential report on the results

Amoy was submitted by the Cunard Co, to the Board of Trade.

Batavia Since then the

Bombay Admiralty is understood to have been

Calcutta Canton kept fully informed of developments.

Haiphong- Bankow Honolulu

INDUSTRY IN RUSSIA

Review Of The I.L.O.

drink, and tobacco rose by £8,754,751, Interesting details of the industrial although imports of tobacco fell by the development of the Soviet Union are large amount of £1,243,972.

given in the weekly organ of the In- Grain and flour imports were up by ternational Labour Office at Geneva. the huge sum of £7,181,375, owing to In 1996, the output of the undertak- the recent rises in the price of wheat.ings attached to the Commissariat of

Industry Meat imports increase by £1,208,194,| Heavy

(83,004,3 million beverages by £450,528, and "other roubles) increased by: 33 per cent in food" by £864,402.

comparison with 1985, and exceeded by Imports of manufactured and partly- 5.5 per cent, the programme prescrib- manufactured goods were higher by ed for the Commissariat. £8,611,077. The chief increases were The increase in the average output nonferrous metals, £3,828,797, and ma-is estimated at 25.5 per cent. for the chinery, £1,419,490:

first eleven months of 1986, while dur-

Ex

More Factories Built

Kobe

Kowloon Loston

Manila Melbourne

Nagasari

New York -Osaka. Paris Peiping

Scattin Semarang Shanghai Singapore Sourabaya

Swałow

Bydney

Teuang

Talhoku

Rangoon

Tientain

Balgon

Tokyo

Bar Francisco

Vancouver

Yokohama

Yup

one your or

Every description of Banking and Exchange - business, transacted.. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita reosived for shorter periods in Local and Foreign Currencies on terms which will be quoted on application.

Safe Deposit Boxes To Let.

KAN TUNG. PO,

Chist Manager.

THE WING ON BANK, LTD.

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.

ing the period January September, Current Accounts and Savings Ac- the cost of production fell by 5.6 per counts opened. Mixed Deposits re cent. For the first time the output of ceived at rates which will be quoted. steel (16,800,000 tons, as against 12,- 500,000 tons in 1985) was higher than that of cast-iron (14,500,000 tons, as against 12,500,000 tons in 1985), while taken. the output of rolled steel increased from 9,400,000 tons to 12,300,000 tons. The results achieved were largely

on application.

Trusteeship & Executorship under-

Safe Deposit Boxes for hire. PHILIP GOCK CHIN, Chief Manager.

There was a substantial increase in factory building in Great Britain last year. The estimated cost of factories and workshops for which plans were due to better use being made of ma- approved by Local Authorities in 146 chinery and plant. The coefficient of of the principal towns of the country production of the blast furnaces chang-creased from 26,800,000 tons in 1985 to was £10,061,200 compared with £7,669,-Ted tó 1.2 from 1.08, while the output of 29,200,000 tons in 1938, was only about 500 in the preceding year. The North steel from Martin furnaces reached 2.7 per cent. below the prescribed pro- and West Midland counties (population 4.60 tons per square metre of open gramme, though in 1984 and 1985 the output fell short of the 3,213,000) led with a figure of £4,429,- hearth, as against 8.84 tons in 1985. petroleum 900, followed by outer London (popula- The productive effect of this improve programme by 16.5 per cent. and 11.8 tion: 2,702,000) with £1,915,900, and ment corresponds to an annual aver- per cent., respectively.

The speed of boring operations, ex- Lancashire and Cheshire (population age output of 10 new blast. fürnaces

and 15 new Martin furnaces.

ceeded the provisions of the socond 3,091,000) with $1,257,400.

The value of houses built throughout The amount of coal brought to the Five-Year Plan. The greatest rise in

1986 to surface in the country: fell sälightly

was 122,700,000

as output (41 per cent.) took place in the tons, £75,001,800 from £78,429,100 in 1985, against 108,900,000 in 1985, represent-mechanical-engineering industry. The but the cost of all classes of buildings ing about 95 per cent, of the prescrib-number of lorries built increased from was higher at $117,032,100, compared ed figure. The average daily amount 77,700 in 1985 to 184,000 in 1980, and with $114,807,800 in 1985. The trend extracted, which was 362,200 tons in the number of tractors from 164,100 to in building construction has been up- December, 1985, fell continuously dur- about 170,000. On the other hand, the wards for many years, and even the ing the first six months of 1986, and construction of goods wagons (for the "crisis". years of 1981 and 1932 only was 309,600 tons in July of that year, Commissariat of Railways) fell from set-but thereafter it. rose gradually to 85,400 to 88,000, which was 15 per cent. produced a comparatively small back, since when there has been a very about 855,000 tons in December, 1938. below the prescribed programme.

The extraction of petroleum, which in. “Engineering.” steep increase.

BANKS

HONG KONG AND, SHANGHAI

BANKING CORPORATION

Authorised Capital ...

$50,000,000

Issued and Fully Paid-öpi. 20,000,000 Reserve Funda - h

Sterling

Reserve

Hong Kong Currency

6,500,000

$10,000,000.

#$20,000,000

Reserve Liability of Pro

prietors

HEAD OFFICE:"HONG KONG. BOARD OF DIRECTORS.

G. Miskin, Esq., Chairman.

Hon. Mr. M. T. Johnson,

Deputy Chairman, ind

J. K. Bousfield, Esq., A. H. Compton, Eaq.. S. H. Dodwell, - Esq. J. R. Masson, Esq.,

Sir V.

AMOY

BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CHEFOO COLOMBO

DAIREN FOOCHOW HAIPHONG HAMBURG

ILOILO ІРОН JOHORL KOBE

KOWLOON

K. 8. Morrison, Esq.. Hon. Mr. J. J. Paterson, T. E. Postós, Boqiy- A. L. Shields, Eagi, M. Grayburn; Chief Manager.

BRANCHED:-

KUALA LUMPUR

LONDON LYONB MALACCA MANILAV MUAR (Jobors) MURDEN -- NEW YORK FEIPING PENANG RANGGON SAIGON

BAN

FRANCISCO SHANGHAI SINGAPORE SOURABATA SUNGEL PATANI TIENTSIND

TOKYO

TSINGTAO

YOKOHAMA

Current Accounts opened in. Local Curren 3 anë Fixed Deposits roosived for one year or sorter periods in Local Currency and Starling on twema, which will be quoted on application.

ALBO up to date BAFE DEPOSIT: BOXES in various sizes TO. LET.

Hong Kong, 1st March, 1987.

HONG KONG SAVINGS BANK

The Business of the above Bank fa conducted by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Rules may be obtained on application, a

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 1st March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fully paid-up) Yen:100,000,000 Reserve, Fund

Yen 132,650,000.

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Bangkok Batavia Berlin

Bombay

Calcutta

Canton

Dairen (Dainy) Fengtien (Mukden) Hamburg Hankow Harbin Hong Kong Honolulu

Hsinking

Karachi

Kobe

London

Manila

Los Angeles

Moji

Nagasaki.

Nagoya New York Osaka Otaru. Paria Peiping Rangoon.

Rio de Janeiro San Francisco Seattle..

Semarang

Shanghai

Singapore

Sourabaya

Sydney

Tientsin

Tokyo

Tsingtan

Yingkow

Interest allowed for Current As-

counts.

Deposits received for fixed periods at rates to be obtained on applica tions.

Y. KANO,

Manager. Hong Kong, 10th March, 1987;

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED. (Incorporated in China) Capital' paid up 17....... $5,000,000. Reserves

$7,500,000,

Capital Savings Dept, "$500,000, Resorve Savings Dept. 3000,000. Head-Office---Shanghai

A Bank having as ite mission the industrial development: on China, and the fostering of her commercial relations abroadj Hong Kong Offering

6, Queen's Bond, Central. Phone 31116,