The Archive · 1934

Steady General Growth

Table No. 1 shows the growth of electrical consuming devices connect ed to the company's service (a steady rise to over 300,000 kilowatts of load in 1934 from almost nil in 1901, 80,000 in 1919, 200,000 in 1928). This table brings ous the continued uninterrupted growth of current consuming devices of all kinds and shows that the growth Is steadily continuing, This table serves as a guide to the actual expansion of the city as a whole.

These curves illustrate also how accurately they portray industrial activity as it will be noted that in the years 1991, 1983 and 1094 there is a drop in February caused by the China New Year holiday during which time industries shut down. The deep dip in the 1992 curve was caused by the Sino-Japanese difmeulles at that time. Tt is also. note: worthy that In 1934 the drop in industrial activities for the China New Yecr was greater than in the previ-|- ous years and did not return to Table No. 2 shows the total kilowatt hours used each year. This able shows a steady increased growth of business as a whole including, besides industries, large buildings of all description and residences (from almost nil in 1901 to 100,000,000, normal as rapidly as before. This, corresponds with the resumption more universal and longer celebration of China New Year in 19%. These particular points are noted to bring out the fact that the kllowat, hour sales are an extremely, toe can n 1919 to 500,000,000 in 1928 to over 0,000,000 in 1934). This table is jot only an indication of the growth Shangha(as a whole but also kes into consideration the volume business being done. It also brings ut the fact that afier each disturbance industry has in the past immediately recovered to an increasd volume of business and resumed natural increase in' growth. In ne years of 1025, 1927 and '1932 here were disturbances in Shang-al and the volume of industrial ac~ ity "decreased for those years. Tt ould be noted, however, that in the allowing year industry recovered to proximately what might have been expected had there been no disturbance. It is a remarkable illustraion of the recuperative power of he community and its ability to overcome adverse factors,

Text read from the printed page and cleaned; old type leaves the occasional error.

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