ฟ
HONGKONG DAILY PRESS
Finance and Commerce
OILMEN TO DISCUSS JAVA DEAL WITH JAPAN: MEETING TO BE HELD IN BANDOENG
Executives of two of the world's largest oll companies, the Royal Dutch Shell and Standard Vacuum, converged on Manila recently en route to Java to attend series of conferences which may result in a "deal" between these companies and Jap- anese oil concerns. reports the Manila Bulletin.
a
A United Press dispatch from Bandoeng, Java, stated that Japanese delegation' representing major importing and oll companies as well as the ministry of industry and commerce of Japan was expected to arrive there for a series of conferences "on production of all in the East Indies by Japanese Com- panies" and a sale of oil to Japanese companies by the Royal Dutch Shell and Standard Vacuum.
The dispatch added that Pan- from Manila to Bandoeng. It is thaleon Van Eck, director of Royal assumed that a special plane of Datch.
Fred Kay, director of the KNILM line will come tu Standard Vacuum, and a repre- Manila to pick the men up for the sentative of the China office of conterences with the Japanese,
U.S. AGAINST BREAKING THE BLOCKADE
LONDON,
Sept. 2 (Reuter)-
A canvass of public opinion in the United States shows that the majority Or Americans are at present opposed to any plan to send food to German-occupied Europe in American ships.
of
A nation-wide survey by the American Institute Public Opin'on shows that 62 per cent are against sending the food.
FINANCE & GENERAL
WAR-TIME PRICE MOVEMENTS IN CANADA
The general level of wholesale prices in Canada advanced 11.4 per cent, between May 1939 and May 1940, the official in- dexes being 73.7 and 82,1 respectively on the basis of average prices in 19.6 being equal to 100. All of this increase has taken place since the outbreak of hostilities in September last.
During this latter period, wholesale price movements fell into "three distinct phases the Increases” which Immediately' followed the declaration of war; the reaction to the initial upbound, accompanied by declines in certain commodities; and the flue- tuating movement now in progress.
TUESDAY, SEPTEMBER 3, 1940. -PAGE 9
SAY
Gordon's
...and know what you're drinking/
GORDONS
DRYGIN
DESTILARITY LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
Commander Executed
The initial upward trend which] textiles, pulp and newsprint ac- extended from September 1939 counted for more than 70 per cent into March 1940, was relatively of the rise in the general index as steady although the major in- compared with less than one- crease was reported in September third, of the annual value of all when the official index rose 8 per items included in the compilation. cent to 78.2 as compared with 2.4 The reaction during the second he predicted a German victory and in August.
phase was due chiefly to a sharp urged that Japan create stronger During the succeeding months, drop in the prices of Canadian ties with the axis powers, especial. the greatest advance in any one farm products, those principally ly dermany.
month was 1.7 per cent but by affected including grains, milled Minister without Portfolio Nao March the monthly index had products, hides, butter and cheese. Standard, Vacuum, were expected Word of the conference coln-Hoshino' will
these act as minister of reached a peak of 83.2. The weekly Declines in the prices of to arrive in Bandoeng by special cided with the appointment in commerce during Kobayashi's ab- Index attained its highest point le commodities were so severe that plane from Manila. for the con-Tokyo of a non-military Japanese sence,
the first week of March, 14.7 per they-more-than-offset-the-continu-
ferences.
envoy to the NEI atter the post
DIPLOMATIC POSTS
cent above the level of Augusted advance in a wide range oi assigned
products that Arnong
included sugar. the Japanese going to had been announced as
Minister Yosuke Mat- 1939. Foreign
wool The second phase covered about meats,
and miscellaneous Bandoeng for the discussions, the to a high-ranking general known sucka and Acting Vice Minister of dispatch further said, are direc- as an advocate of South Seas Foreign Affairs Chutchi Ohasm two and one-half months; during fabrics, woodpulp, lumber, scrap tors and staff members of Mitsu! aggressiveness---
have already chosen several can- this period varying declines were metals and coal. Bussan Kaisha. directors of Jap-
The third phase now in progress per prices rose 10.3 per cent to KOBAYASHI „CHOSEN didates for diplomatic posts abroad reported for certain commodities
mixed tendencies with ANES oll companies, Nissekl The United Press in a
$11.50 per cwt., lead 30.9 per cent Tokyo to succeed recalled envoys, it was and the general level or prices de-shows
clined 2.2 per cent to a point 12.2 varying declines and advances into $5.00 and zine 35.9 per cent to Honda and Kyowakogyo Yoshida.
dispatch reported that Premier 'reported
understood, per cent above the August level. different groups. The weekly in 55.15 per cwt. The advances be- TWO DUE ON CLIPPER Frince
Matsuoka; it was Fumimaro Konoye's gor- Of the oil erecutives meeting in ernment announced the appoint- was now awaiting agreement on The sharpest declines were redert dex had risen to 82.2 by July 5, tween August 1939 and May were
the foreigned during the first three weeks of against 81.2 on
May 24 falling somewhat smaller than in the "Col, Ouyang Ke, one of the river Manila for the trip to Java, Henryment of Ichizo Kobayashi, minis- his selections from
concerted. Should May, due chiefly to falling prices again to 31.7 on July 12. On the whole year, at 56, 15.4 and 27.4 defence commanders at Klangyin, Schultz executive of Standard ter .cf commerce and industry, a governments.
agreements be received from these for grains and milled products, but whole, fluctuations in the general per cent respectively. Steel prices Matang and later Klukiang dur- Vacuum in Hongkong. arrived in "special envoy" Manila on the Honolulu Clipper
shown little change, ining the Sino-Japanese hostilities foreign governments in time. the moderate reductions also occurred price level to date this year have have list of nominees will be submitted in animal products and textile been of minor proportions but due Canada although pig iron quota-n 1937 and early 1938, was exe- last Saturday.
pricus.
to the earlier increases last auttoris advanced 14.6 per cent be- cuted at noon on Aug. 20 in for approval in next Tuesday's
Of the eight main groups used tumn "the official index averaged tween August 1939 and May 1940. Changing. regular cabinet session.
Col. -Comparing average prices. dur- General Kuniaki Kotso, former in the official classification, a high- 12.3 per cent higher at 82.8 for the
Quyang was arrested by er price level was reported in May, first five months of 1940 as coming the first five months of 1940 order of Generalissimo Chiang minister of overseas affairs, visit
73.4 for the led Prince Konoye and Matsuoka us compared with April, for only pared with
same with the same period last year, Kal-shek in June, 1938, for delin- QUOTATIONS yesterday
three, and these gains were com- months last year. 4
some of the more important ad- quency of duty, insubordination UPWARD TREND
vances reported include wheat up and desertion. During the court them on South Seas problemsparatively small
An analysis of the wholesale 23.3 cents per bushel, flour $1.194 martial, evidence was substantiat- The "outstanding feature of the prices of individual commodities per barrel, granulated sugar 73.0 ed that during his tenure of office. advance in prices last autumn was indicates that nearly all followed cents per cwt., malleable pia uron he had also misappropriated milf- general upward trend. De. $3.00 per gross ton, copper 88.6 tary funds totalling $170,000.-- the small number of commodities the
chines were not responsible for the major propor-
numerous but cents per cwt., lead $1.026 per cwt. (Central. News). quite noteworthy, and zine $1.382 per cwt. Ground- tion of the increase. Grains, mill- several were
The price of bacon hogs, for exam wood pulp,prices rose" $10.149 to TAN KAH - KEE IN led products, sugar, butter, cheese
ple, averaged 19.6 cents per cwt, $31.46 per ton, an increase of 47.6 less during the Arst five months per cent. Wool prices were 81.4 per of 1940 than in the same period of cent higher at 24.2 cents per pound 1939, in spite of an increase of 5.1 for unwashed, domestic base grades per cent from its August (1939) in 1940 as compared with 15 cents level. Prices for this product have in the first five months of 1939. been stabilized under
On the whole, advances in prices arrange- ments concluded with the British in Canada to the end of May have Government for the purchase of been moderate and control mea- substantial quantities of bacon sures inaugurated by the Dominion during the war period,
Cont, on Page 10 Col. 3
Kobayashi returned recently from Italy and Germany aS While no word has been receivmember of the Japanese economic
about ed nere
transportation mission to Italy. On his
return,
HONGKONG SHARE
STOCK EXCHANGE,
Buyers Bellers
$1251
+
i
$210
8372)
$140
10 cts.
Bate
Nominal
#u
+803
SHAREBROKERS'
SATURDAY
31 AUG.
Banks
H.K. Banks
De. Col. Reg.)
£63) Da. "(Lon. Reg.) ....!
£6
Chartered Banks
228 Mercantile Bka. "A".
f11
$73
+
$80
Mercantile Bks. "C".
Brink of East Asia.
N. C. & S. Banks...
InsurancesTM
Canion Insurances............. Union Insurance.
Underwriters...... H.K. Firo.......
Shipping
ASSOCIATION
Bellers Bajer
81260
Balon
and conferred with
It was understood that Koiso at Fomina that time informed them of his decision not to accept leadershir of the special Japanese mission to the Dutch East Indies, after which the past was given Koba Fashi
£68 £63
£8
£111
873
30 at
$210
2376
10 cta.
8140
$120 $10
$100
8100 32/6
$8.00
י
OUTSTANDING FEATURE
Chungking Newspapermen Observe Journalists Day
Chinese
CHUNGKING, Sept. 2 (Central)-Despite a torrential rain, the spirit of members of the Chinese Fourth Estate in Chungking was not dampened when they gathered at the Chlaling House for a meeting in observance of Journalists Day yesterday, Prominent among those present the
newspapermen in were Dr Wang Shin-chien and Dr. Chungking who, they said, despite Hollington K Tong, respectively the wanton Japanese bombings Minister and Vice-Minister of continue. their work unflinchingly. Publicity, Dr. K. C. Wu, Mayor of The meeting decided to send Chungking. Mr. Tseng Hsu-pal, telegrams to Mr. Lin Sen, Director of the International Chairman of the National Gov- Publicity Department, and more. erament, and Generalissimo than 10 foreign correspondents In- Chiang Kai-shek as a token of cluding Herr Schenke, manager of respect and also to Chinese. the DNB, and MF. Yakshmin, newspapermen throughout Free China, Chinese soldiers at the manager of the Tass News Agency.
front and to the familles of Mr. Cheng Chang-po, until re-
newspapermen killed during cently Director of the Central
the hostilities. / Daily News and now Secretary- General of the Control Yuan, pre-
LOYAL SUPPORT sided and gave the opening speech In the wire to Chairman Lin Sen $100 in which he explained the signi- and the Generalissimo the news- ficance of Journalists Day and re- men pledged their loyal support to ported on the work of the Chinese the national policies of resistance Fourth Estate during the past three years of war,
$120
Douglases,
$11
Steambouts
$100
Indo-Chinas (Pret.}...
Indo-Chinns (Def.).....
32/8
Sholis...
$6.00 Waterboats
Docks, Wharves.
Godowns, etc.
$90
H.K. & K. Wharves... 886
$3.90 18.65
34
$3,00 8151
Providents......
$390
83.90
H.K. Docks (Qld).....) $15)
#15
816 8961
Mining
16/0
$9.56 Rauba
08
Hong Kong Mines...... Lands, Hotels and Buildings
H.K. & S. Hotels...
.K. Lands.
$3,40 129}
H.K. Realties.......
$3.15 $8)
2 ct..
$3.40
$29.60 $30
93.10
$82
$151
141
i
$15.50
H.K. Docks (New).....
8284+Shanghai Docks....
$16/0 Kailons
100 Do. 4% Debentures 19.2 Shanghai Lands..........
Humphreys *****
$101 Chinese Estates....
Cotton Mill
8210 B'bai Cottons (8.)...
$33) Ewa (8.)
$38
$210
J
Zoong Sings (8.).......
Wing On Textiles (8.) 125
Public Utilities
H.K. Tramways......................... 815).
*
#4
$58
8211
$6.80
831
836.4
87.40 Peak Trams (old).....
83.70 Peak Trams (new).....
Star Ferries.....
Y'mati Ferries.
China Lights (0)...... Chisa Lights (New)...
H.K. Flectrics (014)...) $37)
B. K. Electrics New)...
Macao Electrics (Old)'
Sandakan Light.........
#57
$211
83.50
$37.00
#371
$36.40
$17
$18
Micro Electrica (New)
$11
Telephones fold)
$21.56
381
Telephones (DOT)
S'pera Tractions (Ord.))
Industrials
$14,90 Cald.. Mang." (Ord.) 8.
$12
Cald., Macg. (Pref.18.
'91 Canon Ices......
求
#
GREAT SERVICES
and reconstruction
The message to the newspaper. men throughout Free China en- joined them to do their utmost to Dr. Wang Shih-chieh, Dr. Hol-publicize the national policies, to lington K. Tong and Mayor H, C. counter-act the malicious
Great Britain has also contract-
CHANGSHA
Continuing his economic inves- tigation tour of Free China Mr. Tan, Kab-kee, Chinese industrial magnate from Singapore, has ar rived in Changsha, accompanied by three other South Seas Com- fort Corps members,
Mr. Tan, who visited, several other Hunan cities en route, sald "that he was much impressed by A new record for the first quar--the close co-operation between the ed for all Canadian export, supplies of copper, lead and zinc at fixed ter of the year was made in pre- Army and the populace in many prices, but prices for the balance ducere sales of radio receiving common tasks, such as available for domestic purposes sets this year in Canada. The in-mer's help to the latter in har- have advanced materially. During crease over "the first quarter of vesting the autumn crops-(Cen-
tral News). the year ended May 31, 1940, cop-last year was 76 per cent.
PRE-PAID ADVERTISEMENTS.
The following classce of advertisements are charged at the price given below:- SITUATIONS VACANT.
HOUSES AND APARTMENTS WANTED.
HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.
the for
Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid
Rate of $1.50 for THREE INSERTIONS.
WANTED KNOWN
"VANITY", "Mezzanine' Entrance
pro- N. Lazarus & Co., Pedder Street...
Beautiful Selection of Evening
Wu also spoke, ali expressing ap-paganda of the Japanese and preciation of the great services puppets, to help.carry out political rendered by Chinese newspaper activities in order to strengthen Dresses also Day & Afternoon men during the present war of re- the power of resistance and t Frocks. Costume, Jewellery, Cos- sistance and exhorting them to help push the general mobilization metics and Ferfumes. Latest from continue their work with redoubl- by effective pubucity.
"New York. ed efforts in the future,"
Chinese newamen
in Kweliin, Foreign guest speakers were Shiukwan Kunming, Kweiyang Herr Schenke and MF. Yaksha- and Luyang also held meetings in min, both expressing respect for observance of the occasion.
8.70 WEATHER REPORT
Hongkong Royal Observatory
10 a... Sept. 2, Barometer, (at sea, level), 29.70
ins.
HONG KONG TIDE TABLE From 3 to 8 Sept. 1940.
Dayook
Data o
Mouth.
Height.
Height,
HION WATER.
LOW WATRE
50 eta.
* *
Hong
Hong"
...
Coments ...
$15
Temperature, 85 F.
#5 HK Ropes
$495
Humidity, 84 per cent
HE Goyt Loans
899 4% Loan
100%
Wind Direction, W.
Kong Standard Tims.
Kung
Standard
Time:
905 93%
(1934)
$95
Wind Forte (Beaufort), 3:
895
32%
(1940)
Temperature, maximam yesterday.
hmit, in.
b. m.
Tues a
03 45 177
Da 17
92 F
92 22
8 2
Temperature: Minimum last night.
Wed.
4
10 37 744
$171
$8.2078 F.
22 68. (0) 16:48 18
Miscellaneous
Dairy Farms. $17,80
$8.60 Entertainments
$1.60 Constructions (old)....
Constructions (new)........
$7.45 Lane Crawfords..
Nanyang Tobacco #3}
$2.15 Binceres
Watsons....... 88"
85"
Ch. G.5% 1925GSBdə.
$39 |ZI:K. Wing On
Vibra Filing offeringen)
བྷ::༣
S'hai Wing On
8
8/9
Maremans Inv. (Lon.
4/0
Maramons T
(ILK.)
#1
Wm. Powells...
+Sale to Shanghai
$1.85 Remtalt for 24 hrs. ending 10th Thar 5
today 0.15 ins.
If Charges collected, $2.00.
HOTELS
RUSSIAN CUISINE
MORE POPULAR EVERY DAY
METROPOLE HOTEL
Experienced Book-keeper Wants Students to form a class. Guaran- We pay high prices for all Gold tee students to keep a whole set of & Bulver articles, Diamonds," Jade books after completion of a course and Gold dust. Apply China Gold of 6 months For Term and Par-Refining Co. Pedder Building, 2nd ticulars. Please Apply to:--Box floor, Room 6. No. 463. c/o HKD.P.
WANTED TO BUY
WE OFFER HIGH PRICES for any amount of gold articles, c.diamonds, jades, etc. No holidays.
123: Apply China Building, 7th floor. 181013 Tel. 39727. Eurasia Gold Refining
0406 20 Co.
11288.804,56 19
FOR SALE
selection of the best varieties of RELIABLE & TESTED FLOWER AND VEGETABLE SEEDS
From
Messrs. Suttons & Sons, Reading: Messrs. Atlee Burpee & Co
Philadelphla
23 33 6.8 1780 2,1 Wanted to Buy 2nd Hand Type Messrs. Arthur Yates & Co., Ltd,
17.64
20 0045 21 apply to Box No. 404 c/o. The
3:9 HKDP
82.10
Against an averge of, 68.07 ima.! 25% Sunset tonight, 6.40 pm, fo
Total rainfall since January 1st | Fri.
109,25 ins,
.8
0548 19
Sat.
7
00 24
12 26 02 0:0 138166
writer in Good Condition. Please
1827
8
01 11
07 67
14.4749.
Mon
$39 Bunrise tomorrow, 8.07 am
4 P., Sept. 2, Barometer (at sea level), 29.65 Ins: Temperature, 85 F. Humidity, 18 per cent. Wind Direction WBW
Wind Force (Beaufort),
1ang
12'4
1801 [3 7: »/02 09°18 SF 0939 12 D
Maximum temperature, 88 F. Minimum térar Rainfall all
FOR SALE.
For Sale Mity sets of Jubilee and Coronation Stamps 1st day Cover. What offer? Please apply to Box No. 465 c/a The HKDP:
Sydney
The opportunity of serving you will be a pleasure and your commands will have our best attention,
GRACA & CO.
No. 10 Wyndham Street P. O. Box 620 Hong Kong.
TEA DANCES. Tuesdays
Thursdays
Saturdays
Bundays
5 to 7.30 p.m.
ENGRAVERS
FEI FEI & CO. Photo EngraveĽA 18, Cochrane Street, Telephone No. 22224,
AUCTIONERES
GREATEST COLLECHGN OF BARGAINS IN TOWN!
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