1939-10-19

HONGKONG DAILY PRESS

Finance

NEUTRAL TRADE AND BRITAIN

Little Interference

As Possible

2.3

PARIS, Oct. 18 (Reuter)— The British Government's de- termination to interfere with bona fide neutral trade little as possible, was express- ed by Sir Frederick Leith- Ross, Chief Economic Adviser to the British Government, in an interview published in "Le Petit Parisien.”

With the object of reducing de- lays caused to neutral ships by examination for contraband the British Government had opened negotiations with the countries concerned,

and Commerce

THREE U.S. TRANSPORTATION EXPERTS IN CHINA

CHUNGKING, Oct. 17 (Central)-After remaining sur two weeks

in Chungking holding conferences with Chinese communications ---

Are making authorities, the three American highway experts separate Investigation trips to the southern borders.

Mr. C. Van Patter, specialist in maintenance work has left for Kwelyang. He will help to set up a new repair shop there. Mr. A. Bassi, organiser of the transcontinental tours of the Est- shin Freight Lines, will go to Hanoj to direct the transportation of various goods to China's laterlor, Mr. M. Sheahan. leader of the American advisory group, will travel to Kangoon over the Yunnan-Barma highway.

ported would be re-exported Germany.

In a few months, Mr. John Lewis will return to the United States to. Keeshin, president of the Keeshin attend to the concern's business. Freight Lies, will also come to Mr. Keeshin best-known in Fra CA advisory capacity America as the man who built his China while Mr. Sheahan, vice-president, transportation business from one' old two-cylinder hardtire truck, to a fleet of 2,500 trucks scut- tling over American highways

NEW SYSTEM Referring to the German efforts

Meanwhile, several Chinese com- to obtain neutral co-operation in mercial transportation Arms are The best way of permitting con- the German counter-blockade. Str popularizing à -highway-waterway transportation system tinued normal imports by neutral Frederick declared: "I think neu- through countries. Sir Frederick is quoted trals themselves ought to answer between Halphong and the in- as saying, would be by the govern that. They know that we sink noterior. By this new system, trucks and endanger no are needed to negotiate only 1,000 ments concerned to give a guaran-neutral ships

GUARANTEE. ASKED

tee that none of the goods im-lives."

NEW YORK STOCK EXCHANGE

Atchison, T. & S. Fe. Auburn Motors Baltimore & Ohio

QUOTATION

kilometers on the enure route, as compares to 1,500 kilometers pre- viously. One firm says that it is able to bring at least 1,000 tons of freight a month from Haiphong Into China by this system and at much less cost than by highway only.

At least twenty-seven commer- cial transportation companies are operating approximately 2,000 motor trucks between Chungking 2nd China's southern border, car- rying freight between China and the outside world. The number excludes several big scale organılsa- tions such as the Southwestern Transportation Corporation and the Fooshing Trading Corporation

FINANCE

ata

THURSDAY, OCTOBER 19, 1939. -PAGE 9.

Hongkong Daily Press Brooke Bond

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