The Archive · 1937

Opium Estimates Huge Total

In spite of the fact that the growing of opium is now confined to four counties, the estimated revenue a truing to the province this year from the trame is estimated at $90,000,0 In view of the decreasing revenue from land taxes in the numerous drought areas it is questionable whether any effort will be made to curtail such a lucrative source of funds for a continually hard-pressed government.

"The Chungking Electric Light Ca. at Its annual meeting "reported a very profitable year. Not only was IWable to pay the 8 per cent, interest which every. share calls for but it} declared a dividend of 7 per cent. fas well. Its total profit was a little over $230,000.

The programme of expansion is temporarily held up because the two new dynamos capable of 4,600 kilo Watts each are reposing in Tchang waiting for higher water. In the meantime the residents of the south bank look longingly at the transmission wires which are already stretch-fed -and waiting for power.

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

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