1937-06-08 — Page 16

• THE CHINA MAIL, JUNE 8, 1937.

REVIVAL NOTED O BAGUIO MINE

IN BRITISH INDUSTRY

BANK CLEARANCES

UP

British provincial bank clearings for April, show a further advance of no less than 22 per cent. on the corres- ponding month of 1936.

LIMITS

ASSEMBLY ACTION

NEEDED

The Crown Mines question which was the subject of a recent cabinet ruling outlawing-further mining opera- tions within Baguio city limits can be solved only by the national assembly, Tomas Oppus, chairman of the com mittee onTM** appropriations*** of the as- sembly, is convinced. The pace of progress recorded in March has been maintained-after Mr. Oppus reported that the judiciary allowing for the fact that the month department is of the opinion that in contained 26 working days, against 24 view of the action of President Quezon in April, 1936, the rise is about 12.7 in submitting to the national assembly per cent. The March figures brought| the question of legalizing mining an increase of 16.2 per cent. on last claims within forest reserves year, following an advance of around first session after the inauguration of eight per cent. for the first two months the Commonwealth government, the of the current year.

chief executive set a precedent which he will have to follow in all questions Liverpool again leads the way with of similar nature arising now and in a remarkable jump of 34.5 per cent, the future. an ample reflection of recent activity

to

་

in its

BANKS

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter; ≥1658. HEAD OFFICE LONDON

Paid-up Capital Reserve Fund Reserve Liability "of Pro-

prietors

..ca

Agencies and Branches:

Alor Star

Amritsar

Bangkok Batavia Bombay Calcutta Canton

Cawnpore Caba Colombo Dalbi Haiphong Hamburg Hankow 17-Harbini

Huy Kong

Ipob Karachi