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HONG KONG DAILY PRESS
HONG KONG TRADE NEW HIGH LEVELS
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Half-Yearly Returns Reveal Impressive Volume Increase
JUNE FIGURES SATISFACTORY
The Statistical Branch of the Imports and Exports Department reports that the combined values of imports and exports of mer- chandise during the first half year of 1936 totalled $612.1. millions (€37.8 millions) as compared with $505.3 millions (£31.2 millions) in the first half year of 1937, and $375.8 millions (£2.2 millions) in the first half year 'of 1936,
In terms of local currency the total visible trade of the Colony Increased by 21.1 per cent. In the first half year of 1938 as compared with the rst half year of 1937, and by 62.3 per cent. as compared with the first half year of 1936.
41
1/
GENERAL
SOARS TO PRIZEGIVING AT
│
In terms of sterling the total | 1937, and $18.8 millions in the first visible trade of the Colony in half year of 1938; and exports creased by 21.2 per cent. in the first amounted to $110.2 milions as half year of 1938 as compared with compared with $18.3 millions and the first half year of 1937, and by $108.6 millions, respectively. 56.2 per cent, as compared with the first half year of 1938.
The average rate of exchange during the Arst half of 1938 was HK$1.00: is. 2.13/16d.: 1937: 15. 13/18d.; 1935: 1s. 3.1/2d.
MERCHANDISE IMPORTS
- Imports of merchandise amount- ed to 3342.2 millions (£21.1 millions) in the first half year of 1938 15 compared with $286.4 millions (£17.7 millions) in the first half year of 1937, and $212.3 millions (£13.7 millions) in the first half year of 1936; whilst ex- ports amounted to $269.9 millions (£18.7 millions). $218.9 milliona £13.5 millions) and $163.5 millions £10.5 millions) respectively.
In terms of Hong Kong currency. Imports of merchandise increased by 19.3 per cent. as compared with: the first half year' of 1937, and 61.2 per cent, as compared with the first half year of 1936; whilst exports increased by 23.3 per cent. as com- pared with the first half year of 1937, and 65.1 per cent, as com- pared with the first half year of 1936.
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CHIEF COUNTRIES
RECORD YEAR FOR INSURANCE COMPANY
National Mutual's Good Showing
new
for
The National Mutual Life Asso- elation of Australasia, Etd. again had a record year in 1937, 34.020 policies being Issued £12.193.321. The membership is now "over 255,000, and the amount of assurances in force is £106,116, 039."
The triennial period ending in 1937 reveals the fact that £42,794, 133 of members' money is in hand, which is over 40 per cent of the amount assured.
GUN CLUB HILL
Garrison Infants" School Function
The annual prize-giving of the Kowloon Garrison Infants' School | took place yesterday at Gun Club HIU. Among the many present were Major H. H. Joseph, AEC, and Mrs. J. C. L. Yale, who dis- tributed the prizes."
WAS
called
Before Mrs. Yale upon to give away the prizes, the puplis rendered angs, a recitation and a short playlet entitled "The King's Breakfast," by A. A Mune. In the course of her report, the Headmistress, Miss M. E. Guard, said that the school had had a successful year and was continu 18 to progress.
tained by the staff at a Christmas The school children were enter-
Tree Party last year.
FRIDAY, JULY 22, 1938.-PAGE 7
SPECIAL SALE
OF
LADIES SHOES AND CORSETS
NOW
LASTEX PANTEES AERTEX CORSETS FRONT LACING.
CORSETS
* HOUKAROUNDS
PROCEEDING
From S 3.50 From 5.00
* SATIN BRASSIERES
• COTTON VESTS
From $12.00
From
1.00
• COTTON BRIEFS
Front 1.60
From 10.00 From 7.50
• PURE SILK
• ODDMENTS TO
for
.. CLEAR
2.50:-
LONGEHLYNE
KNICKERS WOOLLEN VESTS.
WOOLLEN
From
5.00
From
2.50
BRASSIERES
From
3.50..
KNICKERS Frtina
3.50
LACE BRASSIEKES. -
From
2.00
* CHOLERA BELTS
From
1.25
ญ
was
The Association, began in 1889 without capital, its first money be-
Miss Freeman's departure ing £6.0.10, the first premium paid home was regretted, and the hope on the opening day. This has that she would return after a grown to £42,000,000 or, including happy sojourn in England The shares of the total import £130,587 in the Investment expressed. and export trade enjoyed by the Fluctuation reserve. nearly £44. chief countries trading with Rong 000,000, Kong in the first half year of 1938 are shown in the tables hereunder:[ Imports
From-
China . Japan
SCHOOL HOURS INCREASED This year, the hours of atten- dance in the school had been in- creased to twenty-four hours per week, and this change would be maintained throughout the year.
REMARKABLE RECORD .. The Association record is re- markable. It has received 273 000,000 in premiums and £34.000, 000 in interest. It has paid policy
Before giving away the prizes. holders £51,000,000, In claims, Mrs. Yale said that she would
€39,560.000 has been paid, about like to take the opportunity equally in the case of death claims congratulate Major "Joseph, the and endowment assurance maturi-headmistress and others concern- ty claims.
ed for belonging to such a good
"TENNIS SHOES
• WHITE WALKING
الله
* BEACH & BATHING
SHOES From
1:00
• WHITE, BLUE/WHITE,
RED/WHITE SANDALS From
15.00
BLACK, BROWN, &. WHITE COURT SHOES From 13.50
From
2.50
SHOES
From
12.50
0
GOLD KID SANDALS
• WHITE EVENING
SANDALS
From
20.00
BRONZE COUR!
I
15.00
SHOES From
15.00
BROWN SATIN
EVENING SHOËS
From
15.00
BROWN, & BEIGE
LINEN OXFORDS From
JL
12.50
WHITE HIGH
WHITE, & SILVER
HEELED SANDALS
Proin
15.00
SANDALS From
5.00
BLACK SATIN
• BROWN WALKING
EVENING SHOES BROWN & WHITE
From
15.00
* ODDMENTS
SHUES From
From
12.50
2.00
GOLF SHOES
From
6.60
In 1937, £1,911,008 was added to school. All garrison schools were the funds as profit, and most of good, she sald, but the Kowloon this was apportioned to members Infants"
School" was certainly
as bonuses, which were revised to something to be proud of. balance up Interim bonuses already
·NON-FORFEITURE CLAUSE
A basket of flowers was pre- sented to Mrs. Yale by a small. girl.
PRIZE WINNERS
The prize winners were:--- Standard 1:-Anne Culilmore ; Florence Waller 2; Irene Banister As the only shareholders are the 3: Arthur Fisher 4; Norah Seats. meinbers, all receive benefits in English: Ronald Holmes, progress: equal proportion according to their Brian Soper, progress; John Jes- policies, and members are protect- sop. general knowledge: Peter ed in their insurances to the ut-Skinner, progress: "Pamela Coom- per cent.most possible limit by means of the bes, scripture.
1938" per cent.
35.0
3.2
N.E Indles
6.3
United Kingdom
7.8
U.S.A.....
9.9
Indo-China
6.0
Slam
8.1
Germany
8.8
British Malaya
1.2
India
2.1
Australia
2.6
Belgium
0.9
Others
10.1
British Empire
17.5
paid, making a total of £3,031.834 for the three years 1935. 1936 and 1937, and £204,412 was added to the Investment Fluctuation fund which now totals £1,335,000
China
35.0
Other Countries
47.5
Exports
1938
52,1
6.8
3.8
0.6
4.4
2.7
U.S.A
9.1
Kwong Chow Wan
1.7
'N.E. Indies
2,4
Philippines
1.7
India Others
0.9
14.0
British Empire
14.G
".
China
52.1
33.3
China
British...Malaya Indo-China Japan
In terms of sterling values, im-To- ports of merchandise increased by 19.2 per cent. as compared with the first half year of 1937, and by 54.0 per cent. as compared with the first half year of 1936; exports in creased by 23.7 per cent, as com- pared with the first. half year of 1937, and by. 59.0 per cent, as com- pared with the first half year of;
· 1938.
IMPORTS OF TREASURE. Imports of treasure totalled $7.6 millions as compared with $5.7 millions in the first half year of
PRETTY CHINESE WEDDING
Miss Jane Wu And Mr. George Bien
St. Andrew's Church, Kowloon
Macao Slam
Other Countries
non-forfeiture clause, which was Standard 2:-Elleer Salmon, begun by this Association and has David Jessop and David Greenway been followed to some extent by for good "work. Terry Stevens. other companies. Under this good conduct; Patricia Berry clause, members are automatically good progress; Shelagh Boyes secured to the last cent of the value good reading; Robert Payner, good of their policies.
CONSOLIDATION
OF KWANGTUNG GOVERNMENT
(From Our Own Correspondent)
LANE CRAWFORD
· LTD
The House of Quality & Service
writing: Robert Butteris, good BRITONS LEAVE
arithmetic.
Standard 3-Alan Marsh, Albert Phillips, Michael Green and Mau- rice Bromley for good progress; Victor Hargreaves for neatness. and progress in reading.
Girls: Melba Garrow for gen- eral progress, and good conduct;
In an effort to consolidate the Margaret Burrows for excellent
government. machinery, and to put Kwangtung on
progress and good conduct; Jean
KIUKIANG
Situation Said To Be Quiet
Acccording to a report received yesterday from reliable foreign
A war time Paterson for keen interest in her basis, General Wu Te-chen. Chair-work; Esune Little for general sources, all Britons, with the ex-
· JUNE FIGURES The combined values of imports Government, will shortly call a man of the Kwangtung Provincia!
ception of a small party of mis-. progress. and exports of merchandise (ex meeting of administrative execu-
Infants: Angela Bain, Joyce slonaries, have now evacuated cluding Treasure) as declared dur- tives of the various districts and
Bradley. Maurice Dobson and Kluklang and are at present living ing the month of June, 1938 totalled district magistrates to put his plan
Baker Margaret $945 millions (£5.8 millions) as into effect.
aboard Buttelfeld' And wire's conduct; Derek Mitchell. Patricia Quinn. "Wenchow" which is anchored a compared with $89.0 millions (£5,5 millions) in June, 1937.
This plan is practical and com-Peter Hill, Brenda Hamilton, John few miles above the port, states Hearn, Gordon Ranger and Doug-The Central China Post of July 13. prehensive, being the result of ex-
for
was the scene of a pretty wedding | (excluding Treasure) increased by forming of a graduate school for/ning for careful work;" Derek Bar-
In terms of local currency, the naustive study by General Wu, An. ¡laz Curnow, for progress: Sarah H.MS. Cockchafer remains in her | total visible trade of the Colony other feature of the project la the Haynes for good work; Brian An- present position of Kluklang.
yesterday when Miss Jane Fang-6.2 per cent. in June, 1938 as com-district magistrates and a general chen Wu became the bride of Mr.pared with June, 1937, and by 55 Institute for the training of public George Sung-nien Bien: bride, charmingly clad in white per cent. in terms of sterling.
The
net, was given away by her uncle,:
STILL INCREASING Mr. Ng Yee-kup.
Imports of merchandise in June, The bridesmaid. Miss Edith Blen,1938 totalled $57.5 millions (£3.8, made a pretty picture in flowing millions) as compared with $50.1 green organdy. Mr. Paul Blen millions (3.1 millions) in June, was the best man.
The Dificiated.
1937, and exports $37.0" millions
man for recitation
servants, so that they may hold ROUND-THE-WORLD permanent posts like the British Civil Service.
TOUR PARTY
COCKTAIL PARTY
MAJORITY OF CHINESE GONE
Although there is naturally a feeling of tensénsas generally with
the Japanese only comparatively a
few miles down river, the altuation may be described as quiet, but the The party of Americans now on majority of Chinese have left.
Representatives of firms having a" tour around the world under the direction of the D. F. Robert-property and other interests in Rev. D. Rosenthall (£2.3 millions) as compared with Col. H. C B. Anderson, Comman- returned from Manila in the Ein- "Wenchow" for a few hours dally A farewell cocktail party to Lt.-son Travel-Bureau of Los Angeles Kluktang "will probably leave the $38.9 millions (£2.4 millions). After the church ceremony, a Imports of merchandise in Jüne, leaving the Colony was largely at-will all for Europe by the
dant of the EKVDC who is press of Japan on Thursday, and and go ashore to attend to what- reception was held at the Penin-1033 Increased by 14.8 per cent. intended at the Hong Kong Volun- Ranpara tomorrow,
8.5. ever may be necessary and collect terms of local currency and by 16.1 teer Defence Headquarters yester-Among the prominent meinbers The report adds that the rumours
mäfl. per cent. In terms of sterling. Ex-day evening. ports of merchandise in June, 1938
of the 'party are:
of alarming Incidents having oc- decreased by 4.9 per cent. in terms present and rendered selected Scot-Los Angeles College:
The pipes of the ER.V.D.C. were Mr. H. H. Rubey, principal of curréd there on Bunday are incor- of local currency, and by 4.2 per tish airs:**
réct,~ No" Japanese vessels have cent. In terms of sterling.
sula Hotel.
MONTHLY FLUCTUATIONS
Dr. C. H. Weaver, president of been seen in the vicinity. the Hollywood Hospital, "accom-") panied by his wife and daughter;
THE WEATHER Though some rain fell, the tem perature yesterday remained in the eightles and humidity generally was high."
Since June, 1937 monthly values high of $47 millions in September, Dr. A. J. Chandler, owner of the A memorial service was held in According to the forecast issued of imports of merchandise into 1937; whilst export values fluctuat- Hotel Chandler, Los Angeles; and Shanghai recently for the late by the Royal Observatory, condi- Hong Kong fluctuated from a 'lowed from a low of $36.2 millions in Mr. Edward Ebele, producer. rf Joint Manager of the Kailan Min- tions today will be similar to those Hong Kong dollar value (4) 4-July, 1937 to a high' of 557.5 millions | 20th Century-Fox Films accoming Administration, Mr. Ku Cheng, for the past two days.
millions) in February, 1838' to a'in March, 1938) vgl. atq, armi panied by his wife and son. by His relatives and friends,
Tel. 28151.
NEWS BEHIND THE NEWS
The attention of the whole world is focussed
on the Far East today.
Events of international importance are happening with lightning rapidity.
KEEP INFORMED and READ
JAPANESE CRITICS OF JAPANESE
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By J MILLAR WATT
JAPANESE SOUTHWARD DRIVES IN SHANSI
CHECKED
Blan, July 210 mm After forming a junction with their comrades at Kuwa, in south Shans; the Japanese from Tsinshul, to the east, pressed southward and clashed with the Chinese defenders at Klanghsten on July 19
The Japanese, numbering about 1,000. dercely at- tacked the Chinese who tenaciously held their grounds.
Meanwhile, another column of about 1,000 Jap- anese troops from Wenal south of Kuwo, pushed southward along the Tatung-Puchow Railway and is halted north of Chiehsten as a result of stiff Chinese -resistance (Central News);