Work has already started on the deepening of No. 3 Sheft at Tongshan and the enlargement of No. 4 Shaft at Linsi, the new equipment for both of which shafts will be ordered in the near future.
to complete but by the beginning of This work will take some 3% yours 1942 it is expected that the total output of the Administration's four Mines will reach 6,500,000 tons per annum. The whole of the required expenditure will be found by the Owning Companies from their own resources, and will amount to some £200,000 and $1,200,000.
Until the work detailed above has been completed, the Administration will be unable to meet in full the demands of the Far Eastern market for its products, nor can it supply sufficient high grade coal for industrial purposes. The market for this particular class of coal hes developed rabidly during the past decade and it has been recognized for some time that, as soon as finances permitted, the Administration must equip itself to meet this demand. Despite the unsettled conditions prevailing in the Far East the Owning Companies, Tealizing the Administration's needs, have courageously provided the necessary finance.
Text read from the printed page and cleaned; old type leaves the occasional error.