The Ngures of the Shanghai public utility. companies which are quoted to-day in support of the contention that recovery is in sight, are convine~ ing enough, Wherever there is a large industrial community, the prosperity of the companies catering to its service fs generally the best index of the fortunes of the rest of the. community, Where there are rmillls, power, whether electric or from gas, is needed to drive them. With industrial concerns—operating at normal, the demand for water is creased, And businesses must have {telephones if they are to keep the constant connection with clients that necessary in these days of quick communications and keen competi tion. Where the Waterworks Company {s concerned, the signs of recovery are necessarily slower than is the case with other public utilities, since the demand for water is not governed in the general sense by the needs of the moment, Business or no business, waler is necessary to the human being, and therefore there is Jess fluctuation in the demand for this necessity than there fs In the ease of, say, power. Though the figures of recovery in the ease of the Shanghai Waterworks lag considerably behind those for the other public utilities there should, therefore, be the more signifteance attached to them. Taking 1934 as a peak year—and the report from the Waterworks shows that there had been a steady increase in demand for water for industrial purposes up to that year—the fact that the mand has almost reached the level of 1934 and has considerably passed that of last year i more than encouraging, There can be little doubt that, provided nothing happens to upset the trend of world recovery, Shanghai has definitely turned the corner, Tue Chinese Postal Savings Bank, following the policy of other Chinese government banks, will set aside at Yeast twenty per cent. of its investments for the benefit of the farming population desiring small loans to assist in their agricultural activities, according to n Chinese report, Ixvonstation from experts attached to the Department of Agriculture in the Ministry of Industry, say the bad crops in Honan and Shensi this son may be replaced and the feared. famine "in these provinees averted, According to the experts, a spring sowing Is possible and what would have been lost this winter may be romained next spring. In the meantime, new methods of transportation may' be devised so as to make dis. tribution of food-stuts easier to all concerned. runs proved quite beyond the home side's capacity, but, still, in bowling unchanged to dismiss their opponents for a paltry $8, Voce and his captain made cricket history. Only on three occasions have England been able to get the Australians out for a smaller score—36 at Edgbaston in 1902, 42 at Sydney in 1887 and 44 at the Oval in 1006, This has certainly been Allen's match with the winning of the toss, a captain's innings and his devastating bowling to complete the Australians' discomftuze. England have cheered their supporters and taken full advantage of their une expected opportunities but sympathy ors to the Australians in Anding the seales so heavily weighted against them,
Text read from the printed page and cleaned; old type leaves the occasional error.