HONGKONG DAILY PRESS
Finance and Commerce
New War Risk Rates: Government And Cargo Pool
LONDON, April 14-The following schedule of rates is issued
by the War Rating Committee of Underwriters
and" applies
to
cargo and or specie risks coming within the scope of the War Risks Cargo Pool, which has now been formed in cooperation with the Government --
ASSISTANCE FOR CHINESE REFUGEES
Industrial Body In Philippines
MANILA, April 25 (Int'l)---A Philippine Committee to give assis-. tance to Chinese refugees by means of industrial co-operatives organized at a preliminary meeting held here in the Oriental Club,
WES
With Mrs. Paul V. McNutt, wife of the High Commissioner of the Philippines, as Honorary Chairman, the Committee will spend the next fortnight in perfecting its organi- zational machinery and in complet- ing its general plans.
Far East north of 20 N. excluding on board the overseas vessel in
Halphong 2s. 6d. additional on China, Hongkong, and Palestine, 5s, rate.
ADDITIONAL PREMIUMS Specte and/or Bonds and/or The rates are subject to the fol- Securities half above rates. lowing additional premiums:-20s. The risk of strikes, riots and for voyages in, through to and civil commotions "are not covered from Mediterranean, and 20s. for wunder the Pool conditions and must voyages in through to and from
therefore be for underwriters' ac- Baltic. count at a minimum additional) East and Far East, not N. of premium of 6d. per cent, cargo and codes N but including Haiphong) pointing out that the world is go- Bishop Gregorio Aglipay spoke. 3d. per cent. specle but these rater 15s., 20s. do not include risk after being dis- Far East N. of 20deg. N. (excluding through the greatest crisis in charged from or prior to being on ng Haiphong) 20s., 259. board overseas vessel in China, Hongkong and Palestine
East and Fast East not N. of 20deg. N. (but including Haiphong) Via Suez) (including Additional Premium) 358. (via Cape) 108 (via
MINIMUM RATES
Another schedule of minimumPanama) 10s:
Far East N. of 20deg. N. (exclud rates covering the risks of war and strikes, riots and civil commotioning Haiphong) (via Suez) (Including, and showing many large increases Additional Premium) 35s. (via is issued by the joint rating.com-Cape) 158. (via Panama) 10s. Pius mittee of marine underwriters. 58. per cent. to, from, or calling at
The scale applies to vessels sall-port or ports in China....
ing on April 13, and later, and it Voyages within area Siam, India,
history and that it is the sacred duty of all good citizens to con- tribute to the forces of civilization, sin these co-operatives, and to prevent reversion of the world to the darkness of savagery.
Dr. Walter Brook. Foley wa!
B19-
elected Chairman pro tem and Miss Anne Guthrie, Secretary. The fol- lowing were named to the tem- porary Executive Committee: hop G. F. Mosher, Bishop Reyes, Mrs. G. G. Agnew, EB Gammell, ima T. Pecson, Dr. V. G. Lava. Dr. Foley, Walter Robb, Mrs. Gero-
Alfonso Sy Cip. Morris L. Appel-
Edgar Snow.
is only to apply to risks underwrit-Netherlands Indies, Malaya, Burma ten or declarations accepted by and British Bornes 25, 6d. underwriters yesterday and later. Specle and/or bonds and/or
The rates for shipments to and securities are to be rated at 50 perman, Mrs. W. R. Babcock and Mrs. from the United Kingdom are only cent. of the cargo schedule rates. to apply to such interest as may Where an Assured requires cover not be coverable in the War Risks only against the risks of strikes, Cargo Pool, which has now been riots and civil commotions this formed, us for instance; optical | cover "may be granted at a min- bills of lading (excluding grain and linum rate of Bd. per cent, but this seed), freight contingency, &c. rate does not inchide risk after
NEW COTTON PLAN IN U.S. WASHINGTON: Apr. 25 (Reuter) The new cotton plan is expected to Freight contingency risks are to being discharged from or prior to meet powerful opposition in the be charged at half the schedule being on board overseas vessel in House from the cotton bloc which rates. The schedule rates do not China, Hongkong" and Palestine. has alerady formulated a counter cover the SR: and C.C. risks after The scale does not apply to risks plan based on Mr. Wallace's cotton discharge from or before being put declared previous to April 13 1939: utillsation theory for wider use of CONDITIONS OF THE PUOL
H. K. STOCK EXCHANGE
cotton.
A summary Issued by the As to the subsidy plan announc- Institute of London 'Underwriters ed by Senator Bankhead, it 19 af the conditions governing the ac- pointed out that it is not likely to ceptance of war risk insurance for reduce loan stocks unless there is | reinsurance with the War Risksa sharp rise.in cotton price.
Cargo Pool in respect of good shipping to and from the United prac-Kingdom states that. War Risks Sales Insurance will be subject to cancel- $1375,lation by the giving of three calen-
The Market was quiet with tically no change in prices. were reported in Banks at Lands at $331. Trams at $164.
. "BUYERS
H.K. Docks, $10.
H.K. Tramways, $16.20. China Lights (O), $8.20, Macao Electrics, $161.. Telephones (0), $21), Canton Ices, $1.
Dairy Farms Ex Rts., $20). Entertainments, $81.
H.K, Govt. 4% Loan 31, prem. H.K Govt 31% Loan par.
SELLERS
H.K. Docks, $184. K. & S, Hotels, $5! HK. Lands, $33.
H.K. Tramways, 316.50. China Light (0) $8.40. China Lights (N). $51..
. SALES
H.K. Banks, $1375.
Union Insx., $440,
H.K. Lands, $331.
H.K. Realties, $44.
HK. Tramways, $16.50/.40. China Lights (0), 58.30.
PHILIPPINE GOLD MINING QUOTATIONS
Antamoks
A toks
Centävos
32
30
Benguet -Consolidated
Coco Grove
Itogons ..
Demonstrations
North Camarines
San Mauricio
Suyoc
United Paracales
dar months, notice to the assured. Such notice would be tendèred 11 the Board of Trade, which is rein- suring the pool against King's | Enemy Risks, gave notice of can- . cellation to the pool
to
In
The insurance against war risks would cease at the time when a British vessel received orders proceed with her cargo to a place outside the United Kingdom. the case of a foreign vessel the in- surance would cease at the time when the ship received orders to proceed to a port or place outside the United Kingdom, whether such orders are received before or after arrival of the vessel in the United Kingdom.
CHINA'S LAND ADMINISTRATION CONFERENCE
CHUNGKING; Apr 24 (Central) -The th annual conference of the China Land Administration Society was opened at Chungking yesterday with representatives of more than 70 organisations con- cerned in attendance.
11.50 Addressing the meeting. Gen- eralissimo Chiang Kai-shek "em-
phasized the importance of the pro-
per utilisation and distribution of
33
12
231,
48
rand. He exhorted the representa-
92
154
60
PHILIPPINE GOLD MINING-
QUOTATIONS
Tuesday, April 25, 1939. !
Centavos
32 301
tives to make a thorough study of China land. problem and devise remedial measures.
Detailed reports on land adminin- tration in various parts of the country have been prepared by the representatives and will be read at the conference,
11.00 REPAIR CERTIFICATES
Antamoks
Atoks
Benguet Consolidated
Coco Grove
33
Demonstrations
12
San Mauricio
92
Buyoc.
15+
United Paracales
60
North Camarines
46
Market Comment-Quiet.
HONGKONG
SHAREBROKERS'
ASSOCIATION
"
The Institution of Automobile Engineers, 12, Hobart-place, Lon- don, S.W.1. states that in- tending candidates, for Repair Certificates, provided they have attained the requlalte minimura age limit (23 year in the case of Section A-mechanical, and 21. years in that of Section B→elec- trical), may enter for the practical test either before or after taking the written portion of the examin- ation."
Practical tests, during the pre- Volume of Business Transacted
sent year. will be held shortly and on Tuesday, April 25, 1939.
also in the months of May, June, Lands
300 $33.25 September, and December The 500 4.25 exact dates are announced perio 5,000 PR 0.231 dically in the Press, and in view 5,000 P, 0.30 of the centres, early application in 1500 PS, 0,50" desirable.
Realties
Itogons
Atoks United Paracale
FINANCE
KEEN SANG BRICKWORKS
Mr Howard Harding.
The Mone
Malden.
Telephon
26, LEE YUEN STREET, EAST. (lar FLoon)
TELEPHONE 25240**
HONG KONG
KSB
LOCAL BUILDERS & CONTRAC
ด้
TORS NEED NOT BE AFRAID OF DISCONTINUANCE OF
SUPPLY OF IMPORTED RED
BRICKS AS KEEN BANG
BRICKWORKS PLEDGE THEIR
GUARANTEE TO SUPPLY ANY
QUANTITY, ANY TIME,
WITHOUT RAISING UNREASON-
ABLE PRICES.
AH
TUNG
廠爐補・器機鐵東亞
Diesel Engine-Driven ARC welding Plant-2 operators for Oxy-Acetylene Cutting and Weld-
ing for Ship and Boiler Repair, Copper-smiths, Boiler makers, Iron and Brass Founders, Ship- building Contractors and General Building Contractors.
General Office:-Asia Life Building, Room 414,
Tel. 25621.
Post Office Box: 638, Hong Kong. Workshop :- Tai Kok Tsui,
Tel. 56089.
Please apply for estimates.
Engraving is the hall mark
Mr. J. Cartwright.
48. Allerton Roant.
Browes Porter 8.
In these we Specialise Samples available
at
Mr. Geoffrey A. Matthews.
16. Mayfair
London
of
VISITING CARDS.
If you wish to "create a good impression
use our cards of high
Quality.
Mr. Gria B. Green. 90. North Road.
South Shields
The EASTERN ELÉCTRICAL COMPANY,
GERRAND ZIYA,
ERIC GRAY.
#HONE CENTRAL 1788.
– CAMERA STUDJER.
QERT STRECT, W. L.
Mr Dennis & Spalding
R. Papet & Co. Lids
THE HONGKONG DAILY PRESS
Marina House, 3rd Floor, 15-19, Queen's Road Central.
WEDNESDAY, APRIL 26, 1939. --PAGE 1P
|PUBLIC AUCTION.||LAMMERTS' AUCTIONS
THE Undermigned have received
înstructions
PUBLIC AUCTION.
THE Undersigned have received
TO SELL BY
PUBLIC" AUCTION
TH
ON
FRIDAY, the 28th APRIL, 1939
Commencing at 10.30 am.
At their Bales Room, No. 2, Connaught Road, Central (Room No. 205, 2nd Floor)
A COLLECTION OF NOVELS
AND BOOKS
Including:
28 Volumes of Stevenson's Works, 23 Volumes of Kipling's Works, The Decameron of Boccacio, e Volumes of International Encyclopaedia of Surgery and many other books by well known authors.
and
One X-Ray Machine and Accessories.
On VIEW from THURSDAY, the 27th APRIL, 1939.
TERMS:---Cash on Delivery
"
LAMMERT BROS..
AUCTIONEERS.
PUBLIC AUCTION.
HE Underdened bave i̇sceived.
instructions
THE
TO SELL BY
PUBLIC AUCTION
Ox
FRIDAY, the 28th APRIL, 1939
Commencing at 2.30 pm.
At their Sales Room, No. 2. Connaught Road, Central, Ground Moor.
A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE
Comprising:-
Teakwood Divans, Wardrobes, Dressing Tables, Chests of Drawers, Sideboards, "Dining Tables, Chairs, Chesterfield Suites, Hat stand, Desks, Typewriter Tables, Book- cases, Carpet, Wardrobe and Cabin
Instructions
to sell by
PUBLIC AUCTION
DD
WEDNESDAY, the 26th AFRIL,
1939
Commencing at 10.30 a.m.
At No. 2. Havelock Terrace, Kowloon Dock.
A QUANITTY OF valdable
HOUAIGFOLD FURNITURE..
also
One Cottage Piano by “Moutrje”
and
One Electric Refrigerator "Frigidaire"
On VIEW from TUESDAY, the 25th APRIL, 1939
Terms: Cash on Delivery,'
LAMMERT · BROS., AUCTIONEERS.
PUBLIC AUCTION.
THE
THE Undersigned have received ' instructions from the Regis-
trar, Supreme Court,
to sell by
PUBLIC AUCTION
"on
WEDNESDAY, the 26th APRIL, 1939'
Commencing'at 2.30 p.m.
At their Sales Room, No. 2 Connaught Road, Central,
'The Goods and chattels of Mr. L. F. Coxhill of No. 39, FIlwood Road (1st Floor), Kowloon.
Terms: Cash on Delivery.
LAMMERT BROS.,
AUCTIONEERS,
Trunks, Gramophone and Records, PUBLIC AUCTION.
Typewriters, Electric Lamps, Girlps, Porcelain, Glass, Brass and E. P. Ware, Cutlery, Ornaments, etc., etc.
also
A FEW PIECES OF BLACKWOOD
FURNITURE
3 Radio Sets
and
2 Canvas Canoes"
1 Surf Board
1 Grandfather Clock,
1 Teakwood Bed Room Suite
1 Teakwood Dining Room Suite
On VIEW. from THURSDAY,
27th APRIL, 1939..
TERMS: Cash on Delivery.
LAMMERT BROS..
AUOTIONEERS.
People Who Matter
PEOPLE WHO
MATTER, to the advertiser are the people who
can afford to buy his goods. Most
of these people buy and read the
Hongkong Daily Press.
THE· Undersigned have received
instructions.
THE
to 'well by
PUBLIC AUCTION
On
THURSDAY, the 27th APRIL, 1939
Commenting at, 2.30 pm..
At their Sales Room, No. 35 Hankow Road, Kowloon,
A QUANTITY <OF VALUABEL HOUSEHOLD FURNITURE,
Comprising:
Teakwood Drawing Room, Bed Room Dining Room and › Office Furniture, Carpets, Rugs, Ward- robe and Cabin Trunks. Cutlery, Forcelain, Glass, Brass and E. P.. Ware, Ornaments, Pictures, Gramo- phones and Records, Electrie Table Lampa and Fans, Cooking Utensils, etc., etc.
also
A FEW PIECES OF BLACKWOOD
FURNITURE
2 Radio Bets
and
1 Electric Refrigerator
On VIEW from WEDNESDAY,
the 26th APRIL 1939.
LAMMERT BROS