HONGKONG DAILY PRESS
Finance and Commerce
German Subsidies Rob
Britain Of
MAINTENANCE
£1,200,000 Job SCHOLARSHIPS IN
CONTRACT FOR
DRY DOCK
German firms are "almost certain" to secure a contract for a £1,200,000 dry dock from... the Dry Dock Company of Valparaiso, Chil, says Mr. J. W. Hitchman, London-born man- ager of the firm, Mr. Hitchmari
explains that the Germans offered liberal facilities for financing the con- tract
that British Arms and seemed too busy with rearmament. work to go all out" for the Valparaiso job.
“ARCHITECTURE
Monster
"
Plane For America
The Architects' Registration 5,000 MILE RANGE
Council of the United Kingdom, 68. Portland-place. London, W.1. offers, for award in June, certain maintenance scholarships in archi- tecture."
The scholarships will consist of a grant for the payment, in whole or in part, of the school fees and necessary subscriptions, instru- ments, books. &c., and, when necessary, O maintenance allow- ance not to exceed, as a rule, 100) a year.
Space For Transport
FINANCE
H. K. STOCK EXCHANGE
There were no changes in prices during to-day's session and al though buyers were in evidence for some of the popular counters, sel- lers were disinclined to trade.
BUYERS
H.K. Bank, $1358. 'Union Ins., $437)
HK & K. Wharves, $100.
H.K. Lands. $324.
China Lights (0), $8.20. China Lights (N), $5.30. H.K. Electrics,-$54), Macao Electrics, $16)...... Canton Ices, $1.
Of Infantry Company Entertainments, 36j.
"U.S. MILITARY
AUTHORY-
TIES HAVE CONFIRMED THE EXISTENCE OF A MONSTER BOMBER-PLANE, whose speed, range and capacity may ru... store the balance of world military power which Ger- many's mighty air force has thallenged.
1
and
The scholarships" will be renew- able from year to year until the Rumours about this huge aero- student has Anished his or her plane have been afloat for months. school training. They will Officials of two world-famous available for students of British have had nothing to divulge.
bebut until recently the Government. British engineering firms said re-nationality, who could not other- cently that general activity at wise afford such training, to en-
It has been revealed that the home was only partly responsible able them to attend architectural of a field-equipped Infantry com- craft has space for the transport for British arms falling to put up schools approved by the Council.pany of 130 officers and men successful opposition to the Germans.
'The scholarships will be avail- a range exceeding 5,000 miles, en- of either able both for students who have abling an easy span already begun their training and for students wishing to commence Built for the Army Air Corps by
not normally be the Douglas it; they would
Aircraft Company. granted to students under 17 years" California, the multi-engined ship of age.
has tricycle landing gear, horse- power above 6,000, a speed exceed- Ing 250 miles per hour and a 25,- 1000 foot ceiling.
"When we heard the terms the Germans were prepared to offer," aald one, we realised that we could not competo. without substantial Government ald
"The German price was definitely uneconomic and, presumably, was aided in some way or other by
grants from their own Govern- PRESERVING
ment "
LONDON METALS
EXCHANGE
London. April 28 (Reuters.
COPPER
buyers
•£
Standard, Cash 41-3/4 Standard.
3 months" 42-1/16 Electrolytic ..... 48
TEN
Standard. Cash 223-1/2
Standard,"
3 months 221
Foreign.
LEAD
sellers
£
"41-13/16
42-1/8 48-1/2
224
221-1/4
Official Price 14-7/16 14-1/2 Foreign Official
3 months, 14-9/16
SPELTER
14-5/8
Ordinary.
Official Price 13-11/18
Ordinary, Official
13-13/16
13-13/16
3 months 13-3/4
Final Afternoon Transactions
SWEET CREAM INDEFINITELY
Promising benefits to dairymen the world over, 3 method of preserving sweet cream indefinitely has been perfected and tested by Owen E. Williams of the Bureau of Dairy Industry, U. S. Depart-. ment of Agriculture. The process makes use of sodium chloride. ordinary table salt.
ocean.
Bm-
Designed for airfield landings and take-offs, the craft has Iphibian characteristics, notably a hull said to be as seaworthy as the Yankee Clipper.
SWIFT TRANSPORT Fifteen such craft, a military expert pointed out, could ferry a regiment across the Atlantic Ocean overnight. A fleet of 100 could deliver the United States standing
Army in Europe within a fortnight. The War Department has little
that the
to say about the craft. Oficers To 100 pounds of cream of 40 per
scouted the suggestion butterfat, he adds sevens. Government would send an cent. pounds of salt. When cream is to
be delivered once a week from the expeditionary force to Europe 11 farm to the creamery, enough salt the present German-Poland crisis
explodes in general conflict.
H.K. Govt, 4% Loan 34 prem. H.K. Govt. 31 Loan par.
SELLERS
H.K. & S. Hotels, $5.40. H.K. Realties, $41. China, Lights (0), $8.40. China Lights (N), 35). Maramang (HK.), 5/-.
SALES
Union. Ins., $440. Providents $4,30. HK, Electrics, $541.
FR. Tramways, $16).
FL.K. Lands, $321. Telephones (O), $2.
Antamoks
Atoks
Baguio Gold
Stroke of Luck 1
DEWAR'S FAMOUS SCOTCH
FRIDAY, APRIL 28, 1939 -PAGE 11
"White Label"
IN HANDY FLASKS FOR ALL SPORTSMEN
SOLE AGENTS":
A. S. WATSON & CO., LIMITED." WINE DEPT.
TEL. 20616.
PHILIPPINE, GOLD MINING QUOTATIONS
Centavos
...... $2
31.
24
12.00
33
13.
241
45
97
Women's, Men's & Children's
60
Benguet Consolidated Coco Grove Demonstrations Itogons
North Camarines San Mauricio ....
United Paracale
PHILLIPPINE MINING QUOTATIONS
Thursday, April 27, 1939,
Atoks
» Centavos
Antarnoks
32
31
Bagula Gold
24.
Benguet Consolidated.
12"
33
13
241
97
60
Coco Grove
Demonstrations
Itogons
San Mauricio
United Paracale
Market Comment Quiet.
HONGKONG"
SHAREBROKERS
ASSOCIATION.
Volume of Business Transacted
on Thursday, April 27, 1939. H.K. Docks Trams
200
$16.25
500
18.25
200
20.00
200
20.50 15.50
Dairy Farms Dairy Farms Dairy Farms (Rts.) 332/4
is placed in the cream jar at the beginning of the week to preserve ledged, would buttress
Such a plane, officials acknow-
the the week's supply.
Wes tern Hemisphere ́defence, to which Then as more cream is added President Roosevelt has committed after each milking, it must be the United States, by permitting carefully mixed with the salt so- the swift transport of ground lution already in the jar. The salt troops to a threatened area, ready prevents" souring and also acts as for instant action.
Twenty thousand acres of sandy an anti-freeze.
Latin-American policy aside, it soll in Joliette County, near Quebec, How does one get rid of the is said the U. 8. State Department which were once considered worth- salt? Easily. The thick solution is considers the plane AL first-rate less have been found to be valuable diluted with fresh skim milk and factor in the present shifts of in-as.cigarette tobacco growing land. run through an ordinary cream temational "power politics."
This transformation has given em- Tin, Standard, Cash, E223-3/4 separator. The cream may then be
ployment to approximately 1,000 value...
run through an ordinary cream
JAPANESE CURRENCYorkers during the last year with salaries and wages aggregating SLUMP IN TERMS OF NATIONAL MONEY
PELPING, Aprü 27 (Reuter)- From April 26, the Federal Reserve Bank currency in North China continues to slump in terms of National cuTTENCY.
Tin, Standard, 3 months, £221-butter or in the manufacture of 1/2 paid and buyers
ice cream.
SPEED EASTWARD FROM SEATTLE IN
"SOLID
COMFORT"?
ON THE COMPLETELY
AIR CONDITIONED
Olympian
You'l enjoy its smooth, gilding swiftness, over the shortest route of longest slectrification.....its fuxurious accommodations and friendly service... its sumptuous meals...its inviting bods ...the freshness of its air conditioned equipment. You'll meet discriminating travelers who prefer to travel Milwaukee...you'll thrill to magnificent scenery. Include the journey between Seattle and Chicago on The Olympian os a part of your itinerary.
For further information inquieu of your nearest séncimə
ship office, owy Travel Burwču, De
ERIC MARSHALL, Agent
"
107 Governant St., Victoria, BC.
F. J.' CALKINS, Gamers! Aguer
93 Granville S. Yapcount, LC.
+ F.. RANDALL, Dist. Parsagar Agust
41 Marka St., San Francisco, Cat.
J. F. BAHL, Ást, Gon. Pamanque Agent
Seattle, Wasdogion GEO. I. HAYNES, Past. Trellis ige.
...
CHICAGO MILWAUKEE
ST PAUL
PACIFIC
THE MILWAUKEE ROAD
From Saturday,
17 per cent
National currency premium rose to
21 yesterday and touched a new high to-day of 254 per cent
MANUFACTURING NATION
Development In
Canada
OTTAWA - Canada's develop- ment as a manufacturing nation during the present century shows a healthy development despite Auctuations due to world-wide depressions,
At the beginning of the cen- tury, the gross value of produc- tion.. of Canada's manufac turing industries Was under the $500,000,000 mark. By 1918 the value of production had doubled. During the WRI years, production was greatly accelerate, ed to meet requirements, exceed- in the $3,000,000,000 mark."
Immediate post-war years Baw
a reduction to $2.400,000,000 but with improving conditions pro- duction commenced increasing in 1923 until a record high total of $3,883,446,118 was reached in 1920, The recent depression reduced the total to slightly under the | $2,000,000,000 mark in 1932 and 1933 but by 1936 the value of manufacturing production had resched $3,002,403,814,000,
Production figures are not avall.... able for 1937 but employment returns from manufacturing In- dustries Indicate a marked - in- crease in the output of factories: and industries as compared with 1936.
$125,000.
WINTER CLOTHES
WANTED URGENTLY
HONGKONG BENEVOLENT SOCIETY
Monday & Thursday
ICE HOUSE STREET
10 to 12 Noon.
Newly Arrived Fresh JACOB'S ASSORTED BISCUITS
in lb cartoons
Obtainable at
HUNG CHEONG
Tel. 57108.
-66, Nathan Road.
Kowloon,
HONGKONG WEEKLY PRESS
AND
CHINA · OVERLAND TRADE REPORT.
LOCAL
ILLUSTRATED
PUBLISHED EVERY FRIDAY
FULL REPORTS
OF
NEWS, SPORTS, GOSSIP, TRADE, ETC.
30 CENTS A COPY
HONGKONG DAILY PRESS, LTD.
MARINA HOUSE (3RD FLOOR) 15-19, QUEEN'S ROAD CENTRAL
TEL. 80261.
LAMMERTS AUCTIONS
PUBLIC AUCTION.
THE
HE Undersigned have roosived
instructions
TO SELL BY
PUBLIC AUCTION
ON
FRIDAY, the 28th ÀPRIL, 1939
Commencing at 10.30 am.
At their Sales Room. No. 3,
Connaught Road, Central
(Room No. 205, 2nd Floor)
A COLLECTION OF NOVELS
AND BOOKS
Including:
26 Volumes of Stevenson's Works, 23 Volumes of Kipling's Works, The Decameron of Boccacio, 6 Volumes of International Encyclopaedia, of Burgery 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.
THE
HE. Undersigned have received ..
instructions
TO SELL BY
PUBLIC AUCTION
FRIDAY, the 28th APRIL, 1939
Commencing at 230 p.m.
At their Sales. Room, No. 2, Connaught Road, Central,
Ground Floor,
A QUANTIFY 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 Trunks, Gramophone and Records, Typewriters, Electric Lamps, Gurlos, Porcelain, Glass, Brass and E. P. Ware, Cutlery, Ornaments, etc., etc.
also"
A FEW PIECES OF BLACKWOOD,
FURNITURE
and
3 Radio Sets.
2 Canvas Canoes
1 'Surf Board” „
1 Grandfather Clock
1 Teakwood Bed Room Suite".
1 Teakwood Dining Room Buite
On VIEW from THURSDAY, 27th APRIL, 1939.
+4
TERMS:---Cash on Delivery.
LAMMERT BROS..
AUCTION ERS.
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.