The Archive · 1940

War Doesn't Affect

Petroleum Products — French Colonies — Empire Bonds Are Drawn

Closer; Mao-China Trace Being Maintained Paris, Air-mani: the present war in Kurope, far atom aisrupung colomal ties, nas, mn-

~au, aecveu to arow even tighter the bonds of the French Empire; uesphe me troublous umes, the work lhe overseas possessions canunnes demonstrate and confirm the in-increased in 1939

World Consumption is Well Over that of 1938

New York (Airmail)

World consumption of petroleum and related fuels used for civilian purposes Amounted in 1939 to slightly under 2,024,000,000 barrels, or about 110,000,000 barrels more than in 1938, according to figures prepared here for the American Institute of Mining and Metallurgical Engineering. The United States alone absorb bel about 96,000,000 barrels of the in-

Tai Ping Insurance Ca, Branch in Manila Manila, Mar. 16.

A branch of the Tai Ping Insurance Company of Shanghai was formally opened today and the inauguration ceremony was attended by Dr. C. T. Wang, president of the Philippines Bank of Communications, and Mr. C. Kuangson Young, Chinese Consul-General, and leading Manila Chinese. Mr. Oei Tjce, chairman of directors, Mr. C. C. Wu and Mr. T. M. Chow, executives from Shanghai, attended the opening—United Press. nate richness of the Imperial produc-non.

Indo-China provides an excellent example of the efficiency of organiza-non that prevails, throughout the onionies. The inevitable confusion at uegulmug or a war nas not noticely disrupted its foreign trade; the +soulls ior tne months of September and October were approximately the same as for the preceding months. ihe average of the first two months Wwe war was 373,000 tons as against 376,000 tons for August and 393,000 wns for the first eight months of the 5% year. While it is true that the value 4 of exports dropped from Fr. 293,000,- 000 in August to Fr. 253,000,000 in 24) September, this was due mainly to the fact that prices on a great many of the goods had suffered a drop.

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

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