North China Monopoly with $100,000,000 Capitalization The electric business in northern China is now under the control of the Japanese, according to a Chinese report from Tientsin which indicates that practically all electric companies in that part of China have beer brought under the control of the North China Electric Ca, a new limited concern with a Japanese governor at its head, although financially it is capitalized both with Japanese and Chinese capital totalling $100,000,- 000. The new firm will be inaugurate ea on February 1.
It will operate electric concerns in Hopei Shantung, Shansi and Honan and also in Peiping, Tientsin and Tsingtao. The big four electric companies in Tientsin, east Hopei, Tsinan and Chefoo have been amalgamated with the new firm. It is stated that it is also planning to take over the Peiping Electric Ca., which had been a private concern for about 30 years. It supplies electricity throughout Peiping and suburbs.
While Chungking is trying its best to develop gold mines in provinces under its control, authorities in north China are equally determined to further this industry along the Great Wall A power house is to be erected n Tochiatung and another one in Shifengkow for current for gold miners. It is also stated that a similar plant will be established in Huanghwachuan in the southern part of Jehol.
Text read from the printed page and cleaned; old type leaves the occasional error.