HONGKONG DAILY PRESS
NEW AND UNITED CHINA: U.S. PROFESSOR IMPRESSED BY INDUSTRIAL ACTIVITY
CHUNGKING, May 7 (Cen-Wuchang tral)—A'new and united China, different from that he saw in 1932, is the impression of Prof. John E. Orchard of Columbia 'University, during ha present
visit to free China.
across from Hankow. Erection in Szechwan began in May, 1938, and metal was poured from the first unit in October. Not only is the old plant being rebuilt, but its capacity is being expanded and since new, equipment cannot "In the three provinces of be imported, the sections of the south west China, Szechwan, plant as rapidly as they are com- and the neighbouring provinces pleted are being called upon to *of Yunnan and Kwelchow,
construct new machines for the China," Prof. Orchard sald. "is expansion. Tremendous obstacles digging in for a long struggle."
are being encountered that might Prof Orchard found that not easily. defeat another people, but only have the three provinces they are being overcome. become the base of political
"A supply of pig iron is being activities, but an industrial revolu-obtained from the small indigenous Lion is taking place. Until the blast furnaces scattered over the present. their economle resources provinces, heavy materials and have been almost unknown, and equipment are being moved with- that section of Chiria has been out the aid of cranes, machine practically untouched by modern tools through the addition of development. The population was ingenious attachments are hand!- agricultural and such industry as existed was carried on in the home capacity. In
ing castings far beyond their the machine-shops, or in the small workshops. To-day work is being accomplished that studies of the mineral and other would not belleve possible if I industrial resources of the provinces had not seen it with my own Bre In progress. and factorien
eyes." hastily moved from the war zone
are being re-erected.
GLOWING TRIBUTE
than
DIFFICULTIES OVERCOME Prof. Orchard paid a "glowing "I have visited some of these tribute to the spirit shown by the factories and have marvelled at the Chinese in Chungking, which is manner in which seemingly. insu- even more, impressive perable dunculties. are being material achievements. "There is overcome. It should be remembered no talk of giving way. There is that the factory equipment, no talk of asking for peace. evacuated from a city about to | Everywhere I have met An fall, has been transported almost optimism and a calm determination across the width of China by to carry on Indefinitely. tallway and steamer where possible, but often by river junk or by carts over primitive roads," Prof. Orchard stated.
"Perhaps most amazing of all." Prof: Orchard commented, "is the steel plant that was moved first to
"Out of the war has come a unity that did not exist in China when I was last here in 1932. Provincial and sectional lines are being broken down completely and a national
spirit. intense
powerful, is being forged,"
行銀憲染廢
The Manager of the Kwangton Provincial Bank, Singapore
branch. Mr. C. E. Yuz (front row centre) and his staff.
Weekly Rubber
Report...
BY COURTESY · REYNOLDS. AND GIBSON
Liverpool, April 25. London.-Our market has kept very steady, with a slight tendency to improvement,
GERMAN LUFTHANSA REPORT FOR 1938
and
BERLIN, May 11 (T/Qcean)---The annual report of the German Lai- thansa for 1938 which has now been published, announces the great development of the air mall services.
Shipments for March from thei
Some 530,000 kilogrammes of air customary centres of production mall were transported by ma
1939 1939
tons tons
chines-of-the Lufthansa-In-1938, Mar. Feb. Jan. as compared with 335,000 in 1937, 1939 this being an increase of 75 per tons cent. In South-America the Luf- 43,332, thansa has taken over the afr 7,123 route from Natal to Rio de Janeiro su that the entire air mail from Germany to Bantiago de Chile is 5,272 4,961
7,010 now conveyed by Lufthansa planes, which are also flown on 8.103 8,949 11,014 the route from Lima to La Paz,
On the North-Atlantic service 28
Malaya Ceylon
43,259 43.084 3,642 5,323 D.EL. ESTATE Metric Tons
Java
Outer Posses-
sions
13,466 13,910 18,024 scheduled flights were carried out
·DEI. Native Metric Tong
Outer Posses-
sions
14,664 11,537 21,248
28.129 25,447 39,272
In 1938 between Europe and North- America by the Lufthansa ma- chines, without a single untoward incident, thereby proving the pos- sibility of a regular air mail ser- vice being operated between the two continents over the Northern Atlantic,
Since the above Agures were
In Asia the air service to Tehe- completed. Malayan shipments for j the first half of April have been iran, which was formerly confined
cabled at. 18,000 tons, with an es- timate for the whole of the month
to mails. was extended to passen- gers in the course of 1938 and la
Kabul.
FINANCE
The fine branch office of the Kwangtung Provincial Bank in Singapore. Dr. Y. C. Koo, Commissioner of Finance of the Kwanitang Provincial Government is concurrently President of the Bank. "
H. K. STOCK EXCHANGE
satisfied.
а restricted
TIN MINING
IN YUNNAN
Business was on
KUNMING, May 11 (Central)-- scale with bargain. hunters still un-"Yunnan is rich in mineral re- sources. Its tin mines are especially and marvėlious.” Thus stated Mr. Hu ac-Shao-hsiang, representative of the
Buyers still predominate prices again show a slight
vance.
BUYERS Hongkong Bank, $1350. Canton Ins., $230, Union Ins., $430. HK. Fire Ins $180.
HK. & K. Wharves; $101. HK. Docks, $17. Providents; $4.65. H. & S. Hotels, $54. HK Lands, $334 Humphreys, $71. H.K. Realties, $4.35. Star Ferries, $65.
China Lights (0), $8.30. Macao Electrics, $18.80. Telephones (0), $23.50. Telephones (N), $74. Cantun Ices, $1. Cements; $121. HK. Ropes, $3.65 Dairy Farms Rts.. $21. Watsons, $72.
Wing On (HK.) $48. Entertainments, $6.55. Vibro "Filing, $9.
•
HK. Govt. 4% Loan 3% prem. HK Govt. 3 Loan par.
SELLERS
China Lights (N), $53. H.K Electrics, $562, Telephones (0), $24. Watsons, $7 25.
SALES
Hongkong Bank, $1365.
Canton Ins., $232).
Union. Ins.. $4378.
H.K. Docks, $17.
Providents, $4.85.
Raybe, $8.16.
H. & S. Hotels, $5.60.
Yaumati Ferries (0), $22.60/.70.
Telephones (Ọ), $23.80.
Watsons, $71.
Vibro Piling. $8.
PHILIPPINE GOLD MINING.
Atoks
QUOTATIONS
Centavos
Antamoks
31
31
Baguio Gold
24.
Benguet Consol.
11.80
Coco Grove
36
Consolidated Mines
003
Demonstrations
13
I. X. L
.52
Paracale Gumaus
151
San Mauricio
1.08
Suyoc
United Paracales
15) 59
PHILLIPPINE MINING QUOTATIONS
Thursday, May 11, 1939,
Centavos
Artamoks Atokks
31
31
Bagulo Gold
241
Benguet Consol.
11.60
Coco Grove
33
Demonstrations
131
52
Paracale Gumaus San Mauricio Suyoc
15+
1.08
154
50
AL I. L
United Paracales
Market Comment Quiet but Steady.
of 39,500 tons, whilst exports from now operated beyond Teheran to HONGKONG
Ceylon for. the first half of this month are, given as 1,179 tons, which compares with 1,978 tons for the first half of March.
ני
UK. Board of Trade figures for the first three months of this year are as follows: Imports,
tons
oversens Chinese Industrial' mag-. nate Mr. Aw Boon-haw, after a trip to Mengta and Kokiu.
Mr. Hu who was formerly in Malayn said that the tin mines there are far inferior to the Kokiu mines in Yunnan.
However, Mr. Hu regretted that primitive methods are still em- ployed in mining tin orean. Yun- nan whereas scientific methods may speed up production enor. mously.
INADEQUACY OF WATER
The
Another handicap. Mr. Hu point- ed out, is the inadequacy of water upply at Kokia on account of the mountaincus topography. present practice of the mines is to keep summer rain water in reser- voirs which is hardly sufficient for the whole year's use.
According to Mr. Hu, there is a river called the Yuan Klang flowing Ito the south of Kokiu where water. may be conducted by a channel to the mines. But since the river is approximately 100 kilometres away. considerable expenses will be in- volved in digging the channel,
Mr Howard Harding.
FRIDAY, MAY 12, 1939.-PAGE 11'
Genuine Peoteh
LAMMERTS' AUCTION
PUBLIC AUCTION.
IE Undersigned have received THE
instructions
TO SELL GY
PUBLIC AUCTION
"White Label"
DEWAR'S SUPERIOR WHISKY
SOLE AGENTS:
A. 8. WATSON & CO., LIMITED. WINE DEPT:
TEL 20818.
NACET BLADES
Buy Nacet and avoid the risk of gambling "on chear
blades. Nacet Blades are established favourites, because of their high quality and low price, and assure you of many clean. smooth shaves from every blade. They fit three-peg razora.
NACET
REOD TRADE MARK
MADE IN ENGLAND
NO BLADES
H2
FRIDAY, the 12th MAY, 1939.
Commencing at 2.30 pm.
#
At their Sales Room, No. 35, Hankow Road, Kowloon.
A FINE COLLECTION OF OLD
CURIOS
Comprising:--
Old Porcelain and Pottery, Vases, Jars, Incense Burners, Figures, Bowls, Cups, Plates, etc., etc.
Bronze, Ivory, Jade Amber, Crystal Agate, Cornelian and Quartz Omaments, etc., etc.
Chinese Hand Paintings, Em- broidery, Old Lacquered Screens, etc..
On VIEW from THURSDAY, the 11th MAY, 1939.
TERMS:-Cash on Delivery
LAMMERT BROS..
AUCTIONEERS.
PUBLIC AUCTION.
THE Undersigned have received THE
Instructions
TO SELL BY:
PUBLIC AUCTION
Engraving is the hall mark
of
VISITING CARDS.
If you wish to create
a
good impression
use our cards
of high
Quality.
SATURDAY, the 13th MAX, 1939.
Commencing at 11.00 am.
At their Sales Room, No. 2,-Con- naught Road, Central (Room, No. 205, 2nd Floor).
A Quantity of Valuable Chinese Curios, Lacquered Ware, Printa and Paintings
also
Fine Cat Crystal and Glass Ware
On VIEW from FRIDAY.. the 12th MAY, 1939.
TERMS:-Cash on Delivery.
LAMMERT BROS..
AUCTIONEERS.
SERVI
Mr J. Cartwright.
18. Allerton Road
Powers Parka
In these we Specialise
Samples available
at
Mr. Eric B. Grien. 30. Marthe Rand
The FASTERN ELECTRICAL COMPANY,
South Thinlits
GERRAND 2174.
FRIC GRAY.
PHONE CENTRAL 1765
CAMERA SYLAD HER..
PERT, STREET, W. E.
TO READERS
THE HONG KONG
DAILY PRESS, LTD.,/ and the HONG KONG WEEKLY PRESS, through their London Office, at 68, FLEET STREET, E. O. 4, Tel- 3187, are prepared to give Subscribers and Visitors
advice regarding accommoda tion available, motoring faci- suitable shopping
lities,
centres, sta
If, when at home, they will call or telephone to the above address, they will receive the ntmoet assistance and the latest available information on all subjects of enquiry will be placed at their dipo
SHAREBROKERS'
ASSOCIATION
46,000 tons, June at 43,000 tons, on Thursday, May 11, 1939. The output of motor vehicles is Union Ins... also being accelerated, and provid-Trams
ed this general improvement can Yaumati Ferries
10 $437.50
300 16.30
200 22,80 5,000 PS, 0.24
Mr Geoffrey A. Matthews.
76. Mayfair.
: 30,000 Ps. 0.10)
be maintained, we see no reason Itogons 1939 1938... 1937 why rubber should not sell at a Mindanao Mother- tons
tons higher price if the political ten- lode Jan.-Mar. 27.361 54,809 17,075 sion can be lessened. Exports,
Movements of Rubber in Lon- Jan-Mar 13,608 7,207 17,253 don and Liverpool for week ending
Stock,
April 22, 1939:-:
times there has been a good fac- 31st Mar, 71,784 78,453 51.914 London-Landed, 1,060 tons; De-tory interest. Manufacturers are Absorption In America is pro-livered, 1,466 tons; Stock, 45,401 stated not to be too well supplied ceeding at a good pace, and es-tons, last year, 53,489 tong.. timates of consumption for the
ahead, and with the active condi- Liverpool-Landed, 67 tons; De- tions ruling, as mentioned above, present quarter range, according livered, 729 tons; Stock, 23,865 it would seem reasonable to es- to one authority, from 128/180,000 tons; last year. 27,445 tons,
sume that there will be an almost tons, whilst another source fore- New York:This market, has continuous demand from: factory casta April at 47,000 tons, May at improved on the week, and at sources.
Mr. Dennis E. Spalding.
THE HONGKONG DAILY PRESS
Marina Hom
House, 3rd Floor, 15-18, Queen's Road Central,