It is interesting to note that while in 1913, out of 18,473,000 cross steam ud molar tonnage on the U.K. re-pister, only 727.090 represented tank-n 2938, out of a total of 17,420,000 tons, 2,672,000 was tanker tonnage.
If tankers are exclude from the computation, U.K. tonnage decreased in the twenty-five years' period from 17,746,000 gross tons to 14,748,000 cross tons.
The report shows that the British Empire share of world trade, when ther sea-borne or not, rose from 43.2 per cent. in 1913 to 48.8 per cent. in 1936.
The Empire's share of the sea-borne trade of the world rose from 54.4 per cent. in 1913 to 55.9 per cent. in 1936, after falling to 52 per cent. in 1931.
Overseas inter-Empire trade increased in the same period from 1.7 per cent. to 2.8 per cent, U.K. imports from foreign countries fell from 1 per cent. of the world total of se: bema trade to 142 per cent, and exports to foreign countries from 128 per cent. to 7.6 per cent.
On ihe other hand, imports of Ermpire countries from foreign countries now represent 7.7. per cent. of the st 42 per cent, and exports to foreign countries have risen from 6.0 per cent. to 8.1 per cent, Synthetic Oil in Brit Synthetic oil is now bein duced in this British process country by on a semi-commercial scale. Mr. W.
M. MeConnel beech at recent meeting Synthetic Ltd. stressed the this latest achieve-should enable the com-firm figures of yield and he Financial understands that if the certified results are up to expectations, the process should immediately iomle proposition wit ork of the remission of duty allowed on home produced petrol The British proce: siderable pro To obtain the all. has made con-recent months. water gas (made rom coke) is passed over a catalyst which produces a range of products, starting with petrol (having a good El umber! and including Diese}
1 and some wax. Lubricating oil ob.nined fin some of the Bedlay Unit's Capacity unit at Bedlay. near Glasgow. which hax a capacity of 200 gallons day, is built on a commercial scale. complete plant, preferably designed io take the entire output of a given colliers, would consist of a number of virtually similar units 1t is claimed that the process should be of considerable importance in natio al defence, as it holds out the possibility of substantially increasing home-produced oil supplies—at present only about 7 per cent. of peace-time requirements.
The company is a public concern with a capital of £50,000 in Is. shares. At September 30 last, 357,533 of these had been issued, mostly at a pre-sium. An offer of one new share at 10s. per share for every ye is now being made to shareholders. The Sheepbridge Coal and Tron Ca. which has the same chair-mon. Win. Baird and Ca. and the Distillers Ca., are financially interested In the company.
Text read from the printed page and cleaned; old type leaves the occasional error.