HONGKONG DAILY · PRESS
Finance and Commerce
H. K. STOCK |U.K. – NEW ZEALAND ANOTHER TERM
EXCHANGE
Quiet conditions are still the order of the day and only a small turnover was recorded for the moming's efforts,
BUYERS
H.K. Bank, $1320 H.K. Lands 4% Debentures, par. HK Electrics, $53).
Canton Ices, $1. Wing On (HK), $41.
H.K. Govt. 4% 104. H.K. Govt. 34 Loun 99.
SELLERS
Telephone (0), $23
Atoks
FINANCIAL
PLANS
LONDON. July 26 (BWG)--The
FOR MONTAGU NORMAN
Dominions Secretary in the House of Commons yesterday announced agreement of the financial require.
LONDON, July 15 (By Air Mal ments of New Zealand in the United Kingdom, which have been-It is understood that it was Mr. under discussion with Mr. Nash, a retire from the governorship of Montagu Norman's intention to well as the trade position, agree-the Bank of England this year. ment on which was published as"a White Paper last Thursday.
In the meantime, however, an incident has occurred which may induce Mr. Norman to change his mind. The dispute that arose over the transfer to Germany of Czech gold.
FINANCE
RUBBER QUOTA ALTERATION
Control Committee's Decision
LONDON, July 28 (Reuter) ---MÜncing Lane la frankıy disappointed at the Interna tional Rubber Regulation Com mittes's decision to break new around by altering the current quarter's export quota,
The market fully expected the announcement of a higher quota
for
the fourth quarter, аси
companied by a rise in the price. of the quarter to three-eighths of
a penny.
Low Stock Position Dealers are, however, cheering themselves with the thought, that equation
relatively may
be
Sir Thomas Inskip said that as regards the former subject. His | Majesty's Government In the United Kingdom have agreed, in principle, that the facilities of the
Among those who disapproved of Export Credits Guarantee Depart- ment will be made available to the transaction there WILS Y assist in the financing of United tendency to fasten a big share of Kingdom Imports Into New Zea-the blame for it on Mr. Norman. stabilized anyhow until the end of And this Mr. Norman resents. Hethe year, as the announcement feels that he has been unjustly covers the whole of 1939, while attacked.
some even go so far as to read gesture of right- | Into the communique the belief Anglo-United States for purchases by the New Zealand cousness, Mr. Norman may stay at that the
barter Government for defence and other his post for another term.
agreement may néver materialize, in which case the purposes..
fallegedly low stock position
Under this arrangement, credits ap.to £5,000,000 will be made available on approved conditions Now, as a
Short-term export credit facil-
000, will also be made available
.
of
United States manufacturera
hitherto leaving to their Govern- might cause them to make large purchases which they have been
ment.
itles, up to the amount of £4,000,- WHO HELPS JAPAN?
under suitable conditions to cover-It is within the power of the LONDON, July 15 (By Air Mail) exports from the United Kingdom democratic countries-particularly to importers, in New Zealand, other the United States, and the British than the New Zealand
Govern-Empire-to stop the war in China picture is expected to show little ment.
A ban on the sale of war materials change, though some think that would hamstring Japan. Neither "Distants" might be more Te- Germany nor Italy could rescuesistant than "Nears." ber.
SALES
HK. Bank, $1325.
Providents, $4.30.
lar.d.
PHILIPPINE MINING
QUOTATIONS
Centavos.
21)
Antamoks
21
Baguto Gold
221
Batong Buhay
014
Benguet Consolidated.
10.00
Big Vedge
Coco Grove
25
Consolidated "Mines
002
Demonstration
10
IX L
43
Ipo Gold
-16
Itogon........
24+
Manbulao Consolidated
Masbate "Consolidated
12)
Mine Operation
12
North Camarines
H
15)
94
Surigao Consolidated
24
Suyoc Consolidated
15
Sundleate Investment
032
United Paracale
441
Mindanao Motherlode
Paracale Qummaus
San Mauricio
·Masbate Consolidated
LO
00
12
PHILIPPINE GOLD MINING QUOTATIONS
Wednesday, July 26, 1939:
SOVIET GOLD FOR LONDON?
RIGA, July 28 (Transocean) -An aeroplane, belonging to the Swedish-Russian commIOR- cial air company, "Aerotrans- port." arrived at Riga from Moscow yesterday with 30 bars
of gold on board.
It is learnt that the Russian gold is being transported to Western Europe, probably to London.
It is not enough to be horrified jby the war in China. It must be realised that the war is only con- tinuing by the kind përmission of Britain and America..
ANGLO - GERMAN TRADE
In the meanwhile, the market
Committee's Decision
LONDON, July 26 (BWS)~The International Rubber Regulation Committee yesterday revised the decision announced in May and fixed 60 per cent. of the basic quotas for 1939 s the permissable exportable amount for July, August and September.
This amazing new tire
stops, your car quicker,
you
safer than stopped before,
ever
See
us for a demonstration.
THURSDAY, JULY 27, 1939. —PAGE 11
GOODRICH LIFESAVER TREAD,
"has never ending spiral bars that act like windshield wipers, sweep water right and left, force it out through deep grooves and make a dry track whichTM rubber can grip.
The new Goodrich SAFETY Silvertown
Sole Importera for China" and Hongkong:
CARLOWITZ & ̈CO.
..
Bank of China Bldg.
Tel 31225:
Local Distributors: KA FOONG TIRE CO. 131, Hennessy Road.
*Tel. 24140.
They also Axed 80 per cent. „as LONDON, July 26 (T/Ocean)-the permissable exportable amount The President," of the Board of for October, November and Decem- CONSIGNEES' NOTICES CONSIGNEES' NOTICES Trade, Mr. Oliver Stanley, stated ber.
in the House of Commons on The Committee have provision- Tuesday, in reply to a question. ally decided to hold a meeting |EXCHEQUER RETURNS that, in the British Government's early in September.. in the should be LONDON; July 26 (BWS)-EX-view, the International political meantime, a request
situation did not admit of the re-received from the United Kingdom chequer returns show that the total of ordinary revenue amounts opening of commercial negotia- for the release of rubber in con- Germany, which had nection with the agreement be- to. £197,953.332. compared with tions with
been broken off last March, follow- tween the British and the United ing the German annexation of States Governments for exchange
of cotton and rubber. An
10.90 £182,643.737 a year ago. There is an 感
increase of over £8,000,000 in the yield of Customs.
Centavos.
Atoks
Antamoks
34)
Bagulo Gold
221
Batong Buhay
014
Benguet Consol.
Hig Wedge
Coca Grove'
27
Consolidated' Mines
002
Demonstrations
11
I, X. L.
45
Ipo Gold
18
Itogons
25
Manbulao Consol,
08
Masbates Consol
13
Mine Operations
13
North Camarines
Paracale Gumaus
151
San Mauricio
05
Surigao Consol.
21
Suyoc Consol.
153
Sundicate Investment
032
United Paracoles
45
Mindanao Motherlode
09
· HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume of Business Transacted
1939.
•
Total expenditure, less self- balancing items, la £336,269,854, compared with £295,433,524 at the corresponding date in 1938.
Total floating debt outstanding amounts to £1,100,190,000, com- pared with £909,375,000 a year ago and £920,310,000 at March 31, last.
CREDIT LOAN FOR CHINA
י
SHANGHAI, July 26." (Int'l)- Despite Anglo-Japanese agreement on Tientsin, it is reported that a British credit loan of three million pounds sterling for the stabiliza- tion of the Chinese currency may be secured.
It is stated that negotiations, were completed before the Anglo- Japanese agreement was reached in Tientsin Tokyo is attaching 100 $35.00 considerable
attention to this 102.00
credit loan:
on Wednesday, July 26, H.K. Lands
Wharves
25
Plans for the establishment of "Great credit must redound to George a paper manufacturing technical the sterling work of M. Institute in Klating, as submitted | Emelianoff in Shanghai during by the Szechuen Provincial Gov-the past two decades, inasmuch ernment, have now been approved as in the last promotion list of by the Ministry of Education the French Police, In Shanghal, which will give a grant. The he has been promoted to the Ministry of Education has also rank of superintendent. It is spe- decided to establish a printing clally noteworthy, because Bapt. technical training school, the re- Emellanof the first person of port adds. A keen shortage of non-French birth to have achieved paper, particularly newsprint, is such a status. As a matter of fact being experienced in the pro-be held the same distinction vince.
his former rank.
WEATHER REPORT
OBSERVATORY
HONGKONG ROYAL
10 a.m., July 20
Barometer (at sea level), 29.68 Insi
HONG KONG TIDE TABLE
14
Hoight,
Czechoslovakia.
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
Through bookings to America via Europe and Europe via America. Bookings around the world.
Through bookings to Tondon.
OUTWARD SAILINGS
&&. “SAARLAND"..... ...... For Shanghai, Dairen, T'ham"..
Kobere
4th Aug. m.v. "RAMSES" A..... '...... for Shanghai, Dairen, 'hama,
16th Avg. Taku, ....29th Aug.
Kobe
* ¤y. “KUMERLAND....for Shanghai, Dairen,
Y'hama, Kobe ............................
HOMEWARD SAILINGS *. "RHEINLAND"...for Mars., R'dam., Hamburg.
7th Aug. m.v. BURGENLAND” for Genos, R'dam, Hamburg ..... 21st Aug. *.*. “ SAARLAND"...for Genoa, Antwerp, R'dan, B'burg 8th Sept.
*** Freighter with Passenger Accommodation.
01
For further particulars and 'passage fares, eto, apply to i--
HAMBURG-AMERIKA LINIE
JEBSEN & CO., AGENTS.
12, Pedder Street, Tel 81205—8.
CANTON AGENTS: CARLOWITZ & CO. Shakes Road.
FARB
MAERSK
LINE
Fortnightly Express Sailings
KEELUNG, SHANGHAI and' JAPAN
LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA, BALTIMORE,
NORFOLK & SAVANNAH Through" Be/L are issued to Central and South America, Gulf and"
Caribbean Sea Ports and West African Porta Arrivals from UBA.
Sailings to USA.
97th July
From 27 July to 2 Aug, 1939
HIGH WATK
LOW WATER
Temperature. 80 FL
Humidity, 95 per cent.
Hong Kong Standard
Time....
Rong Kong Standard Time
Wind Direction, W.S.W.
Wind Force (Beaufort), 2
06.13
86.F.
b. m.in.
80.30
8.4
14:01 2367
b. m. 1340 なか
3 B
the En
Temperature; minimum last night. Fri
80 F.
28
0704
Rainfall for 24 hrs, ending 1016
Sal. 29
1420 91 20 42 07 50 6 8 0054 21 LB 14-3 1453
Ato-day, 0.45,
Total rainfall since January ist.
59.05 ins.
Sep 20
Mon. 31
08 89 700140 |2 4
46 1628 2998 09.10
10
9th Aug.
to-day, 0.45 ins.
Temperature; maximum yesterday. Thur 27
Against an average of, '$0.26 ink. Sunset to-night, 707 p.m... Bunrise to-morrow, 5.52 am,
4 p.m. July 28.
Barometer (at sea level), 29,63 ins.. Temperature, 84"T. Humidity, 80 per cent. Wind Direction, 177.4.
The 1
Weds
2956 19.43
71 0226 38'
14 61557
0.0
(7 0} 03 10 3 1
23 23716 300 2, 10 11 803 48-23 23.462 14 8 1708 1
Wind Force (Beaufort), 4, Maximum temperature, 86' F. | Minimum temperature. 80 F.
Rainfall, 0.01
M.V. "GRETE MAERSK
M.V "HULDA MAERSK"
M.V. “MAKOHEN MAERSK”.
MV. “LEXA MAERSK”
(1th Aug.
17th Aug
18th Sept.
*. (AI) daten are subjest to alteration without notice.)
EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE BATES, wym For Freight and Passage plaase apply swe
JEBSEN & CO.
Canton Shameen, B.C. Agent
Tel 10916.
Swatow Agent GEBB ROESE"
Pedder Buildin Tel. 31205-6 Tel: 1659,
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO, LTD.
NONSIGNEES per Co.'s Vessel
MENTOR
H
From UNITED KINGDOM VIA SINGAPORE
PRINCE LINE
NOTICE TO CONSIGNEES
THE
HE Motor Vessel
"SIAMESE PRINCE"
Frox |BOSTON, NEW YORK, HAMPTON ROADS, SAVANNAH AND BAN FRANCISCO.
are hereby notified that their cargo will be discharged into Holt's Wharf Kowloon, where it will lie at consignees HE Hongkong cargo ex the above risk and subject to terms and condi.” vessel, transhipped at Manila, tions of atorage at Holt's Wharf. The arrived here per 88. jinagara' on Cargo will be ready for delivery frow: 26th July 1839, Connguses of Cargo are Godown on and after 28th July,
Optional carge will not be landed here, unless notice has been given prior to steamer's arrival but carried on from port to port to the final port of call to which the option extends.
hereby informed that their Gooda ara being landed at their risk "into the Godowns of the Hong Kong and Kowloos Wharf and Godown Company, Limited, Kowloon, and stared at Consignees risk and expense.
All broken, chafed, and damaged All broken, chated, and damaged Goods goods are to be left in the Godowns, are to be left in the Godowns, where where they will be examined on any they will be examined on Tuesday, Tucadays and Fridays between the 1st August, 1939, at 10 A.M. to Noon. hours of 10.45 am, and Noon within All Claims muit be presented within the free storage period.
15 days of the arrival of the s "Tjinegara" bere, after which date they cannot be recognized
Ne claims will be admitted after the Goods have left the steamer's Godown, and all Goods remaining undelivered after the 2nd Aug., will be subject to
rent.
All Claims against the Steamer must be presented to the undersigned on or before the 16th Aug, or they will not be recognised.
No Fire Insurance will be affected." BUTTERFIELD & SWIRE,
Agenta. 7.!
26th July, 1939.
CONSIGNEES NOTICE
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the End Aug., 1939, will be subject to Best. No Fire Insurance has been affected. Bille of Lading will be countersigned by
FURNESS" (FAR EAST), L/JD.,
2nd Floor, Hongkong & Shanghai Bank Building
· Dinis 28165 & 28169.
(67% Boog Kong, 26th July, 1829.
THE BEN LINE STEAMERS, LTD.
FROM LEITH, MIDDLESBRO, ANTWERP, LONDON AND STRAFTS
TRX 8.5. BENKINNES”
NONSIGNEES of Cargo are hereby informed that all Goods are being landed i at their risk into the hazardous and/or extra hazardous Godowns of
[376
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LED,
From LEITE, MIDDLESBRO", ANTWERP, LONDON
AND STRAITS
Tx 8.8, BENGLUE,"
LAMMERTS' AUCTIONS
PUBLIC AUCTION.
THE
HE- Undersigned have received
instructions
"to sell by
PUBLIC AUCTION
ON
THURSDAY, the 3rd AUGUST, 1939
At 3 o'clock p.m.
At their Sales Room, No. 2 Connaught Road Central Second Floor.
"
All that plece or parcel of ground and the buildings thereon altuate. at Taipo District, New Territories, registered in the Land Office, as. Talpo Inland Lot No. 15, for a term of 75 years, commencing from ist July, 1898 with option of renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the King for one further term of 24 years less the last three days, thereof."
Area: 19,600 square feet or there..." - abouts.
Annual Crown Rent: $44.00,
Upset price: $10,000.00.
For further particulars apply to:
LAMMERT BROS..
AUCTIONEERS.
No. 2, Connaught Road Central.
PUBLIC AUCTION.
instructions
THE Undersigned have received
to sell by
· PUBLIC AUCTION
ori.
MONDAY; the 31st JULY, 1939.
Commencing at 5.15 p.m.
At their Bales Room, No. 2, Connaught Road, Central, Room No. 205, 2nd Floor),
A VALUABLE COLLECTION OF " POSTAGE. STAMPS
On VIEW from SATURDAY,
the 29th JULY, 1939.
Terms: Cash on Delivery,
LAMMERT BROS..
SERVICE TO READERS
THE HONG KONG DAILY PRESS, LTD, and the HONG KONG WEEKLY PRESS, through their London Office, at 58, FLEET STREET, E. 0.4, Tal- 3187, are prepared to give and Visitors Subscribers advice regarding accommoda- tion available, motoring, facis suitable shopping centres, etc.
"MONSIGNEES of Cargo are hereby informed that all Goods are being the Hong Kong sud Kowloon Wharf landed at their rink into the basardosa and Godown Co, Ltd., whence and/or sad/ar artan hasardous Godowns of the from the wharves Delivery may be Howe KONG AND KOWLOON WHARF AND obtained
GODOWY COMPANY, LA, whence and/or No Claims will be admitted a after the from the wharves Dalivary may Goods have left the Godowns (and all "Etained. Goods remaining undelivered after the the Claime will be add
admitted after the 17th July, 1929, will be subject to Goods have left the Godowns, and
Goode remaining undelivered after the All Claims against the steamer mustat Ang., 1939, will be subject to rent. be presented to the undersigned on or AB Ülaims against the Steamer must before the 10th Aug, or they will not be possented to the Undersigned an erlities, be recognized, before the 15th Aug, 1989; or they will
To comply with the General Bonded not be recognised,
rent.
Warehouse Regulations, consigneer To comply with the General Bonded must have a Revenue Officer in atten- Warehouse Begulations, consign.ses dance when damaged dotiahle goods must have a Revenne (ficer in atten-1- are examined ESE
ance when damaged durable, goods All broken, chatod and damaged are examined Goods are to be left in the Clodowns All broken, shafed and damaged floods where they will be examined on the are to be left in the Godowna, where 15th July, 1839 est 9 am, by Messrs. they will be examined on the
No Fire Insurance has been effected & Clarke Billa of Lading will be countersigued
Carmichael & Clarke, 1989, at 9am. Ankiet Chicali
ELOXLEY & CO. (CHI), LTD.|
Agents,
Hong Kong, 10th July, 1939.
He Fire Insurance has been affe
Bills of Lading will be countersigned by W.R. LOXLEY & Co. (CHIN
Hong Kong, 25th July, 1989,
1677
It, when at home, they will call or telephone to the above address, they will receive the most assistance and the
available informa
all anbjects of enquiry
laced at their