41
HONGKONG DAILY PRESS
Increase In
Exports Of U.K. Goods
OIL CRISIS
IN U.S.A.
FALL IN PRICES: PETROLEUM. WELLS
CLOSE DOWN
NEW York, Aug. 17 (Reuter)— Following the fall in crude petro-
Marketing Board First Report
RESOURCES OF EMPIRE
Colonial
JULY OVERSEAS TRADE RETURNS Considerable increases in the
The first report of the exports of United Kingdom leum prices, oll wells in the States Empire Marketing Board set up goods and of imports. compared of Oklahoma and Kansas have in 1937 by Lord Harlech, then for the Colonies to with a year ago, are features of been ordered by the Government Secretary overseas trade returns for July and the Oklahoma and Kansas help "Colonial territories to Re-exports declined..
Corporation to close down for a velop their own sources of wealth, Exports of UK.
to "sell goods were period of Afteen days. A total of to sell more goods and valued at £40,355.035 compared 19,268 wells will be affected in those goods to better advantage”. with £39,895,256 In June
and Kansas,
is issued to-day." £37,489,089 In July, 1938. Value Texas has already closed its The Board" began operations in of imports last month was 978. wells and other states, including: March 1838 and its work during 270.673 against £82.174,759 in Arkansas and New Mexico are ex- the first year can be divided into
two main sectiona June and £73.897.551 year ago. pected to follow suit.
first, to put into the mind of the general public at home a far clearer pic- ture of "Britain's overseas; secondly, to
re-exports
were
£4,-
Figures for £3,725,253, £4,307,707
and 555,213, respectively. For the first seven months of the
year exports, at 273,618.812. were £5.900.284 up on the correspon ding period of last year but show- ed a decline of £22.306 107 over the Arst seven months of 1937.
£525,513,938. Imports. at
wcre lower by $17,605,407 compared with the corresponding period of 1937.
"Re-exports for the seven months
amounted to £31,818.380 ----- £5.-
the 634,334 less than for
same period of 1938 and 215,526,819 less than two years before.
Increase in exports of manufac- †„ tured goods in July... compared with July 1938, "was. £2,034,484.- (BWS).
LONDON METALS
EXCHANGE
London, Aug, 16 (Reuter).
COPPER
"buyers
£
Standard. Cash 44-5/16 Standard,
sellers £ 44-3/8
3 months 44-3/8 44-7/16 Electro tic....... 50-1/4 50-3/4
TIN
Standard, Cash 229-7/8 Standard.
230
3 months 225-1/4 225-1/2
LEAD
Foreign,
Official Price 15-3/4, Foreign Official
3 month 15-5/8
SPELTER
Ordinary.
Official Price 14-7/18 Ordinary, Official
possessions investigate
CRISIS SPREADS The Independent Petroleum Association, representing 90 per cent. of the Nation's independent and improve the ways in which oil producers, has asked the Inter-leading State Oll Compact Commission to brought to the market.
Colonial products
recommend the shutting down of all oll wells in the mid-Continent for fifteen days,
The crisis has now spread to the Illinois field, where the Ohio Cor- poration, a subsidiary of the Stan dard Oil Company of Ohio, has reduced its purchasing price from 105 to 85 cents per barrel.
COTTON SUBSIDY
the
Among the means which Board is employing to create in-
terest in the resources of the Co-
lonial Empire are a short, bright- ly written book on the history and development of the Colonies which will appear shortly. and Alms which are in production showing how the Colonies are ad- ministered and their populations cared for.-(BWS).
BOARD OF TRADE INDEX
LONDON, Aug. 17. (BWS)-The Board of Trade Index of indus-
PROGRAMME STARTS IN: U.S. WASHINGTON, Aug. 17 (Reuter) -Mr. Henry Wallace. น. S. Secretary for Agriculture, an- nounced yesterday that the Gov-trial activity in the United King ernment, in the first two weeks of dom in the second quarter of the year shows an increase of 1.8 August had agreed to subsidize the per cent over the March quar- export of over 600,000 bales" of ter and of 9.8 per cent
CUMAIL.
Mr. Wallace said he was satisfied with the start of the subsidy programme.
EXCHEQUER RETURNS
Exchequer returns
show
that
over the
FINANCE & SERVICES
H. K. STOCK EXCHANGE
Nothing of much particular note, took place during the day.. A few enquiries crept into the market, but it was too difficult to recon- cie buyers and sellers ideas of prices.
BUYERS
H.K. Wharves, $102. :- Providents, $4.15.
HK, Lands 4% Debentures, par, Canton Ices, $1...
Cements, $13}.
EK, Govt. 4% Loan, 1024. HK Govt. 31% Loan, 991.
SELLERS
HK Steamboats, $12...
SALES HK. Bank, $1260/56.
PHILIPPINE GOLD MINING
Big Wedge Coco Grove
Atoks
QUOTATIONS
121
THE
FRIDAY, AUGUST
RIGHT LABEL IS.
"White Label"
DEWAR'S FAMOUS
White Label PEST SCOTCH YESU
OF GREAT AGE
"
Dewar & Sons PERT
DISTILLERS
9
A. 8. WATSON & CO., LIMITED. WINE DEPT.
ANTWERP, LONDON, STRAITS AND MANILA.
Union Ins., 3382). Cèments, $12)..
QUOTATIONS
Centavos.
Atoks
19)
Antamoks
20
are
Bagulo Gold
20
SCOTCH
Batong Buhay -
013
Benguet Consol.
10.50
IY
NEVER VARIES
20:
211
SÖLE AGENTS:
Consol, Mines
0015
Demonstration
081
I. X. L Itogons Mining
42
22)
Manbulao Consol. Manbate Consol Mindanao Motherlode Mine" Operation
06)
10
North Camarines
Faracale Gummass
San Mauricio
87
"Surigao Consol,
22
Buyce Consol.
13)
Syndicate Investment
003
United Paracale
39)
PHILIPPINE GOLD MINING
Thursday, Aug. 17, 1939.
Centavos.
10)
20
Bagula. Gold
20
Batong Buhay
Benguet Consol..
Big Wedge...
only that
Coco Grave
20 211
Consol, Mines Demonstration
I. X. L
-084 42
Itogons Mining.
2:24
Manbulao Consól,
063
"Masbate Consol,
rent.
10
Mine Operation
121
be
North Camarines.
23
Paracale Gummaus
16.
San Mauricio
87
Surigao Conso), Suyoc ConsO.
22.
13
lug Department)... 21,471 21,496 Rupee Coin and Bal-
lion in India ...... .7,341 Gold Coin and Bul-
lon in India
4,154
7,365
Syndicate Investment United Faracale Mindanao Motherlode
4,154 HONGKONG
3,737
3,738
3,950
*5.950
Volume of Business Traumacted on Thursday, Aug. 17, 1939. H.K. Banks
7 $1,255,00 Unlons Demonstration
3
Jurie quarter of 1938.....
The June quarter index of 133.4 per cent of the quarterly average of 1930 was substantially the same as for the June quarter of 1937. which has been exceeded
by the December quarter o: year when the index stood 1 136.4.
the ordinary revenue amounts to RESERVE BANK OF
£244.521,842 compared ** with £224,829,425 at the corresponding
15-13/16'date last year.
Customs have yielded £91,31-
INDIA STATEMENT
!! Calcutta, Aug. 16 (Reuter),
Aug. 4 Aug 11
15-11/18 000 against £80,988,000 a year Notes in circulation
14-1/2
3 months 14-5/8 14-11/16 Final Afternoon Transactions Tin, Standard, Cash, £220-7/8 valle.
180.
Total expenditure. less self- balancing item. 15 £389,236,484 compared with £357.874,745 at the corresponding date in 1938.
Floating debt, which stood at £900,310,000 at the "beginning of
(including Notes held in the Bank-
the financial year, amounted on Securities (Indian Saturday last to £1,126,200,000 Government)
Tin, Standard, 3 months £225- compared with £858,405,000 at Securities (British
Government) 1/4 value.
#
August 13 last year—(BW8),
Antamoks
TEL. 20618.
18, 1939.-PAGE 11
LAMMERTS' AUCTIONS
PUBLIC AUCTION.
THE
HE Undersigned have received
instructions
TO SELL BY
PUBLIC AUCTION.
ON
FRIDAY. the 18th AUGUST, 1939
Commencing at 2.30 b.m.
At their Sales Room, No. Hankow Road, Kowloon
QUANTITY OF VALUABLE
• HOUSEHOLD FURNITURE
Comprising:-
Teakwood Drawmg Room, Bed Room and Dining Room Furniture, Desks, Ice Chests, Radios. Oria- nents, Brass. E. P. Aluminium, Porcelain and Glass Ware, Carpets,. Rugs, etc., etc.
also
08 CONSIGNEES' NOTICES
013
CONSIGNEES' NOTICE
THE BEN LINE STEAMERS, LTD.
FROM LEITH, MIDDLESBRO.
THE 38. "BENVORLICH"
JÖNSIGNEES of Cargo are hereby
NOTICE TO CONSIGNEES -
PENINSULAR AND ORIENTAL STEAM NAVIGATION Co.'s STRAMTA “RAJPUTANA,"
ARRIVED HONG KONG ON
- 16TH AUG., 1939.
From
LONDON, GIBRALTAR MAE BEILLES. MALTA, PORTSAID, ADEN, COLOMBO¡×3 ̧ STRAITS.
ONSIGNEES of Cargo by the
above-named Vessel are hereby in...! formed that their Goods are being landed !
CONSIGNETS are fond placed in mods are ardes
landed at their risk into the hazardous Kong and Kowloon Wharf and Godown 10.50 and/or extra hazardous Godowns of Company's Godowns at Kowloon where the Hong Kong and Kowloon Whart each Consignment will be sorted out Mark and Godown Co., Ltd., whence and/or by Mark and Delivery can be obtained as from the wharves Delivery may be 0015 obtained...
... 003
391
SHAREBROKERS'
ASSOCIATION
382,50 3,000 Ps 0:09)
No Claims will be admitted after the Goods have left the Godowns and all Goods remaining undelivered after the 23rd Aug.. 1939, will. be aubiect to
All Claims against the steamer must
e presented to the undersigned on or
the Goods are Isaded.
Optional Goods will be landed here unless instructions bare been given "to the contrary Sir' Bours before arrival of the steame7.
A FEW PIECES OF BLACKWOOD FURNITURE
and
At 3.00 p.m.
One Alsatian Dog" (between 8 to 9 months old)
On VIEW from THURSDAY, the 17th AUGUST. 1939.
TERMS:---Cash on Delivery.
·LAMMERT BROS..
AUCTIONEERS.
Goods not cleared within 8 days in PUBLIC “AUCTION.
sluding data of arrival will be subject to rut
No Fire Insurance will, be affected by before the 6th Sept, or they will notus in any cass whatever... be recognized.
To comply with the General Bonded Warehouse Begulations, consignees must have a Revenue Officer in attan- dance when damaged dubiahle goods are examined.
All broken, chatod and damaged Goods, are to be left in the Godowns where they will be examined on the 21st Aug, 1939, at 9 am. by Messrs, Carmichael & Clarke.
No Fire Insurance has been effected, Bills of Lading will be countersigned
W. R. LOXLEY & CO. (CHIN▲), LTD,
Agenta.
Hong Kong, 16th Aug., 1929"
instructiona.
Damaged Packages must be left in THE Undersigned have received the Godowns for examination by the Consignees, and the Company's surveyum, Masar, GODDARD & DOCGzás, at 10 a.m. on Mondays and Thursdays, within the Free Storage period,
Consignees are specially notified that it is necessary for a Revenue Officer k be present at the examination of damaged datiable cargo.
"All Claims against the Steamer must be presented to the Undersigned an or before 6th Sept., 1939, or they will not be recognized.
No Olains will be wimitted after the Goods have left the Gxdown.. MACKINNON, MACKENZIE & Co.,
Agence Hong Kong, 18th Aug., 1939'
[825
to sell by
PUBLIC AUCTION
SATURDAY, 'the 19th AUGUST
1939
Commencing at 11:00 am
At their Bales Room. No. 2 Con-
naught Road, Central (Room No. 205, 2nd Floor).
A "FINE" SELECTION OF
BRUSSELS CARPETS
|
[629
NEWS ABOUT THE SERVICES
ROYAL NAVY
CHIEF ENGINEER AT
BERMUDA
in place of Captain Chandler.
after 23 years in the Navy, which he joined as a special entry cadet from Dunstable Grammar School in 1916. He served afloat from March, 1917, ku
Mid-A. W. M. Mathew, J. E Washbourn, to Malaya (undated),
Cd. Elect-W. J. Russell, to. Suffolk (Aug. 15).
Schmr. (C.W,O.).-E. G. Birch, to. Norfolk (on commg).
Gunner.-C. B. Titheridge, appt. to Argus cancelled.
Titania (Aug. 10).
Wt. Shipt.-W. H Blewden, to
Bchmr.-J. W. Matlock, to Curlew (on recommg.).
PROMOTIONS Sub-Lis, (A),-M. J. 8. Newman, C.
the battleship Collingwood in the Grand Fleet, and the destroyers Captain (E) G. F. Chandler is 8D-Urchin, Radstock, and Turbulent, and pointed as Chief Engineer at Bermuda was promoted to lieutenant in Decem- Dockyard, where he will succeed En-ber, 1919: gineer Captain H H. Wilson. Com-
After further destroyer service he mander (E) F. G. B.. Bowring has commanded from 1928 to 1835 the been appolated engineer assistant to
Rowena, in the the Director of Dockyards, Admiralty. Flotilla, the Winchelzea in the Medi- Anti-Submarine
terranean, the Walpole in the 8th Captain Chandler was promated in Flotilla, Home Fleet, and the Ambus- June 1938, after 34 years in the Navy, cade, attached to the Vernon torpedo which he entered as a cadet at Oschool. For three years up to May. H. Ancil, R. C. Dundas, to rank of L. borne. He served during the War as 1938. he was Officer-Instructor to the a lleutenant and lieutenant (E) in the Severn Division of the RN. Volunteer battleship Vengeance at the Darde Reserve at Bristol, and has since been
Sub-Lt (E)--A, R., Moore, to rank nelies and in the Thunderer and Active employed on training duties at Ports of Lt. (E) (seny). Aug. 18). in the Grand Fitet. From February, mouth, 1913, he was engineer officer of the destroyer Tenacious. He last served afloat as engineer officer of the feet repair ship Resource in the Mediter-wich, is to be rewired, beginning on Capta-P, G. Balbe, to Tamar: C. 8. September 25, and for six weeks from Watson, to Belfast; P. K' Brind-Sheri- Commander Bowring entered Os that date no specimens of drinking dan, to Ajax; T. M. Gray, to Vindie-
or swimming bath water are to betive; P. H. C. Teek, to Curfew, borne as a cadet in May. 1916, and forwarded for bacteriological examina passed out from HM.S. Temeraire as tion. Urgent analysis will be carried N. H. D. McGill, to Coventry; 8. Lta-C. D. L. Aylwin, to Penelope; midshipman in May, 1923. In 1922, as out in the laboratories of the naval Armour, to Belfast. acting sub-lieutenant, he was appoint
ranean in 1935-37.
(A) (seny, June 28).
ROYAL, MARINES Lt.Col--AH.-E. Reading, to War-
·R.N....... MEDICAL SCHOOL The RN. Medical School, Green-spite.
ed to the Emperor of India. for en-hospitals of the commands concerned.
gine-room training, and a year later
but routine monthly or quarterly "examination may be dispensed with,
was selected to specialize at Oren until after the rewiring. The work of the Hygiene Department will not be
wich and Keyham.
He has served since 1925 in the Re-affected. pulse and Warspité the flagship Despatch on the America Station, and
and as assistant
22
ANTI-AIRCRAFT SHIPS
41
THE ARMY.
NEW LIEUTENANT-GENERAL the cadet ships Erebus and Frobisher, Two more "C" cinas cruisers built
The London Gazetta announced the as well as at Chatham, both in the during the War, the Calcutta and promotion to Lieutenant-General of Mechanical Training Establishment Catru, have recently completed con- Sir Frederick A. File, C. B., D.3.0. anti-aircraft ships, M.C., who was recently moved from. to the Engineer version to Manager of the Dockyard During changing their five fin, guns for eight his divisional command to take charge the past two years he has been en- 4in guns on high-angle mountings of the anti-aircraft defence of Great gineer officer of the cruiser Penelope Four others, the Capetown, Carlisle, Britain. He gets his new rank at 54 in the Mediterranean
Colombo, and Chiraçon, are to be simi- with an ante-date to last year. 1 larly treated, and eventually the total WARRANT BANK EXAMINATIONS ! will be brought up to 15 by the con-
NEW-BATTALION COMMANDERS. The following ratings passed the version of vessels of the "D" class. The War Once announces that preliminary professional examination
VANNÁVAL APPOINTMENTS ¦'
Major and Brevet Lieutenant- Colonel for warrant ordnance officer held on
HP. Garnons-Williams, The Royal June 6: J. Beer, G. W. Sherwin, and
The following appointments are Weich Pusillers, has been selected for HC. W. Gladding.
made by the Admiralty:-
command of the 2nd Battalion, The Royal Welch Fusiliers, vice Lieuten- ant-Colonel D. M. Barchard, who was appointed to the Gold Coast Regiment on July 18, 1933; and that Major A. Low, M.C. The Royal Irish Fusilier has been selected for command of the 2nd Battalion, The Royal Irish Push- Laa. 3 Pike, to Vernon (Aug. D; Hers, vice Lieutenant-Colonel W. Car The retirement took effect on Aug 10. M. Cheeke, to Norfolk (on comme). den Roe, M.C., who has been appoint 7 of Lieutenant-Commander HW/ Temp. Instr. Lt-1) G. Cross, to ed to the Staff with effect from July Beaman, with the rank of commander, Norfolk (on commg).
31, 1339.
A professional examination for the rank of acting warrant electrician will be held in November, and names of candidates must be forwarded to the Captain, HMS. Vernum, by Beptem
ber 4.
COMMANDER H W. SEAMAN
Capt.-W. K. D. Dowding, D.B.C., to Valiant, "in "command (Aug. 25),
L-Odra-R, O. Lewis, to Warspite (Aug. 12); D. A. E. Hornell, to Pit (Aug, 1); 0. R. B. Parquhar, to Os [prey (Aug. 143.
HONGKONG WEEKLY PRESS
AND
CHINA OVERLAND TRADE
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FULL REPORTS
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ETO
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MARINA HOUBI (Ben Froon) 18-19, Queen's Road Chitral
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On VIEW from FRIDAY, the 18th August, 1939.
Terms: Cash on Delivery.
LAMMERT BROSÍ
AUCTIONEERS.
SERVICE TO READERS
THE HONG KONG DAILY PRESS, LTD.. and the HONG KONG WEEKLY PRESS, through their London Office, at FLEET STREET, E. 0.4, Tel 3137, are prepared to giv Subscribers and
advice regarding accommoda tion available, motoring faci- lities, suitable shopping centres, eto,
If, when at home, they will call or telephone to the sbove address, they will receive the
utmost.” sagistance and
latest available inform All
subjects of
placed at their disposal.