HONGKONG DAILY PRESS
Finance and Commerce
GERMAN INDUSTRY IS FACING VERY GRAVE PROBLEMS: RISE IN NUMBER OF UNEMPLOYED
is
BERLIN, May 29 (Reuter) German Industry
facing very grave problems of labour, raw materials and transport, ac- cording to the Report of the Institute for the first quarter of 1939, issued to-day.
The number of employed rose to over 21,000,000, never- theless the building trad, is extending the period of winter work. the mining industry is increasing the hours of arti-
agricultural labourers are also work-..
sans, and particularly
ing longer hours.
Regarding raw materials, "home
production is facing dimculties of
'quantity and type..
pro-
More iron ore was mined but owing to the phosphorus content. the type of steel cannot be duced for which there is the most demand.
►
Similar difficulties are being experienced In the Wool and
coal trades..
M
TRANSPORT FACILITIES
The report says that a tremen dous burden was laid on trans- port facilities by the western
South Wales Industrial Recovery
IMISSING
SARDINE
FINANCE
New Pharmacy Factory At Chengtu
CHENGTU, May 29 (Central)—A pharmaceutical factory
.for
the manufacture of foreign medicines out of Chinese crude
MYSTERY drugs is to be established in
SCIENTIST TO ACT
AS. DETECTIVE
All Morocco is following the instalments of a new-style detective story-the mystery of the missing sardine.
Sardine fishing and canning form one of the important industries of the Moroccan coastal towns of Casablanca, Fedala and Sam, but the fishers have found this season very bad. Last year there was plenty of sardines, this year there is almost none. The fish have migrated but no one knows why.
The shers and the owners of the canning factories called to their aid Professor Gruvel, technical counsellor to the Moroccan Govern- ment on fishing questionis, director of the Colonial Animal Products Laboratory, Paris, and professor at the Natural History Paris.
Museum.
"
After seveal months of trade -slow-down, mainly duc to international tension, South Wales industry 13 making headway. Production of iron and steel for fortifications and the taking over February (the latest period for of the Sudetenland, Bchemia and which figures are now available) Moraviu.
touched the highest level for 12 Interviewed at Casablanca, Pro- Increased production is report-months.
fessor Gruvel stated: ""The problem. ed in all spheres of industry but The district also topped the pro-is a complex one and I can give ex-duction figures for the whole of no answer without a profound exorts and Britain with
monthly study. I believe, however, that it is output of 207.100 tams, compared essentially a biological problem.. Indus- with 183,000 tons in January, and "There can be only four causes:
186,900 tons in February, 1938 Pig change of water timum of exploitability,
temperature, and intron output at 82,300 tons was also change in direction of currents, many cases less qualified labour thousands of tons up on a year change of food supply and change
of condition of reproduction. GENERAL INTEREST
"progress was achieved with
traordinarily greut
expense."
"The whole range
of
tries has already passed the
op-
power must be used, prejudicing production capacity."
TWO NEW TYPES OF AIR-LINER
BRITISH AND US: RIVALRY
pro-
The United States and Great Britain have each
just duced a lightmedium air-liner embodying" the Intest ideas
for operational efficiency and passenger comfort, These machines are now in the off- clal - testa stage: and each ITALTKA a big advance „previous machines of the same
class.
over
:
The American machine Is the Douglas D.C.5 The British is the De Havilland Flamingo type, for which orders have
been placed
for the King's Fight, the Air
Council, and the RAF..
аго
ET
ľ
more
COAL EXPORTS DOWN Coal exports are still down "We ought to have substantially, but big new orders knowledge than we do of the life anticipated from France, Portugal habits of the sardine and its love- and South America are expected making. We ought to know more to stimulate recovery.
about the regions where the young
are born,
}
Chengtu, capital of Szechwan Province, to meet part of China's demand for medicines arising out of the war. This decision was made by the authorities-American, British and Canadian-of the West China Union University,
The projected factory will be an outgrowth
of the University's founded only six years ago and Pharmacy Department which was is headed by Dr. G. E. Meuser, a Canadian missionary, who been in China for more than 31 years.
In
of
bas
management
益 plan submitted to the
Dr. Meuser set the cast of the. the University. erection of a main building and dormitory with accommodation's
for teaching, research and manu- facture at $55,000; for equipment and machinery at $21,000; and for
attached to the college and fac- botanical gardens to be
tory for growing Chinese medical herbs at $1,000.
ון
The annual maintenance cost of building and equip- ment will be $1.000 and the stan expenditures-teaching, crude .drug research
and manufacture of medicines $11,800.
According to 'Dr, Meuser, Ezecn- wan is outstanding for its produc- tion of crude drugs. Millions of tons of the medical herbs grown in this province are sent to other parts of the country each year. The crude drugs manufactured into foreign medicines in Szech- Wan, Dr. Meuser pointed out, will not only satisfy the medicinal needs of China but can also be exported to foreign markets.
DROUGHT IN SHANSI BROKEN
HINGTSI, SHANSI, May 29 (Cen-
There is considerable improve-
"As soon as I get back to Paris," ment in the tinplate trade, and added Professor Gruvel, "I shall production is now 59 per cent of select a specialist in marine biology capacity, the highest level for some to come here and stay to the end 14 months.
of the shing season. In co-opera- tion with the fishers and with Gov-tra-The prolonged drought in ernment resources at his disposal.
Shansi and Shenai has at long last he will make an exhaustive study
been broken on May 27 when At the Government-aided Trad- of the question which until now
heavy rain fell over a wide area the spring crops from almost cer- in the two provinces and saved
Several steelworks that have been idle for some time have been re-started.....
ing Estate at Treforest (Glam.) has not been tackled seriously
progress is continuous. Five new anywhere, as far as I know. factories were opened last month "And. as there seems to be a and 20 additional factories are general tendency for sardines to under construction. By the end of move from the north to the south, the year it is expected that 3.000 the results of this study may be workers will be employed on the of general interest". estate. OT double the present number
CALLENDER'S PUT £250.000 TO RESERVE
The report of Callender's Cable Construction Company for 1938 shows a credit balance of
and
The D.C.5, was designed quickly £448,612 (against £621,489), fram
The specialist, selected by Pro- fessor Gruvel is expected to arrive: this month.
Morocco awaits the last chapter of the missing sardine mystery.
GOLD FLOW TO UNITED STATES LONDON, May 23 (T/Ocean)—
after the big four-engined D.C.4 which is deducted for depreciation Gold to the value of £1,680,000 left land alr-liner, which is not to Boot butidings, plant and machinery. Plymouth on Sunday by the British into production.
etc., £60,000 (same), income-tax steamer Zaandam for the United
AMERICAN MACHINE
The American machine has Wright Cyclone engines, the Bri- tish is powered by Bristol Perseus sleeve-value engines.
£60,000 (against £80,000), and States.
provision for N. D. C. £15,000 (against £20,000).
A strong detachment of special police guarded the loading of the
As already arihounced the final gold. dividend is 10 per cent, on the Ordinary stock, making 15 per cent, For each type twin-engine se-for the year "(previous years curity is claimed, and the tests dividend 15 per cent. and cash show that each Can climb with bonus 5 per cent.).
one of its engines stopped. Both The directors propose to transfer machines have retractable un- £250,000 to reserve (against nil). der-carriages, and the Douglas has The carry forward is reduced from a special sturdy keel for extra £585,023 to £390,548. production in emergency land-
ings.
Controllability at low speeds is on the rudder pedal exceeds an important feature of the comfortable. maximum. Flamingo. It is secured special automatic device, comes into effect when the
PHILIPPINE GOLD MINING QUOTATIONS Monday, May 29, 1939.
Centavos
Atoks
Antamoks
271
29
Benguet Consol,
11.50
Coco Grove
&
Consol. Miries
Itogona
35
00.25 201
52
San Mauricio
1.08.
United Paracales
62
351
Market corument: Quiet.
by a
In the most difficult Case which when one engine fails just after load taking off-the plot can apply, full rudder even at speeds as low aa 80 m.p.h.
ADVERTISEMENT
PUBLIC AUCTION
THE
E undersigned have received
instructions
to sell on
TUESDAY, 'the 30th MAX, 1939
"
Commencing at 11 am.
4.
In Godown No. 51 of the Hong Kong & Kowloon Wharf & Godown Co., Ltd., Kowloon.
115 Bale New Gunny Bags"
Terms: Cash on Delivery,
IX. L
North Camarines
Planting Of Tapioca On Rubber Estates
"The Government of Johore would give favourable consi=' deration to applications from Chinese for the planting of all kinds of food," declared the Hon, Y. M. Ungku Abdul Aziz bin Abdul Majid, Mentri Besar, Johore, at R meeting of the Council of State when he replied to an appeal by Mr. Check Huan Cheong, urging Government to allow the planting of taploca as a catch crop on rubber estates.com
Ungku Aziz mentioned that even experts disagreed on the question of planting taploca as 3 catch crop
In view of the shortage of foodatufis and the present condi- of world, I suggest
For further particulars &c. ap- Government should allow rubber
ply to:
CHINA AUCTION ROOMS.
Prench Bank Building.
1st Floor.
Hong Kong, 24th May, 1939:
would be abandoned after 2 short time.
Experience had shown.. he continued, that there was now not a single extate that had been so abandoned.
Mr. Cheok Ruan Cheong held estates to plant taploca as a the view that It would be useless catch crap," said Mr. Chepk Huan to talk of defence measures un- Cheon
less steps were first taken to sure adequacy of food supplies in the country. For that reason he would urge. Government allow, the planting of tapioca an is catch crop on rubber estates:
He mentioned that at pra- sent rubber estates WORE not permitted to plant tapioca" as a catch trop, because - Gov- erament believed that the land
tain ruin.
Malden
+ Howard Harding.
TUESDAY, MAY 30, 1939.-PAGE IT!
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LAMMERTS' AUCTIONS
PUBLIC AUCTION.
THE Undersigned have received
instructions
to sell by
PUBLIC AUCTION
on
TUESDAY, the 30th MAY. 1939
Commencing at 11.00 am.
At No. 2, "Abermor Court"
May Road
A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE,
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PUBLIC AUCTION.
THE Undersigned have received
Instructions
to sell by
PUBLIC AUCTION
WEDNESDAY, the 31st MAY, 1938.
Commencing at 11:00 am.
At No. 21. Lyeemun Building, Kowloon
A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE -
On VIEW from TUESDAY, the 30th MAY, 1939
Terms: Cash on Delivery.
LAMMERT BROS.,
AUCTIONEERS.
PUBLIC AUCTION.
+
THE Undersigned have received
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THE
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AVALUABLE COLLECTION 'OF POSTAGE STAMPS
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GANERA STUDIES
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