HONGKONG DAILY PRESS

Finance and Commerce

GLOOMY PICTURE OF

OF TRADE CONDITIONS IN N. CHINA

Annual Meeting Of Tientsin

BRAZIL PLACES BAN ON IMMIGRATION SHANGHAI, Mar. 30 (Reuter)—

FINANCE & GENERAL

WILLKIE APPEALS FOR

CHINA AID

More than a thousand people, including nationally known wri- ters, artists, social leaders and Chinese diplomats, gathered at the Waldorf Astoria Hotel to hear Mr. Wendell Willikle, Pearl Buck, well- known novelist, Mr. James G. Blaine...Chairman of the Board of Directors of the United China Relief Committee, and Mr. Henry B. Luce make a stirring appeal for ald to China. The occasion was, a

Gen. Chamber Of Commerce yesterday Botined the Shanghal mittée read telegrams of apprecia-pald

TIENTSIN. Mar. 30 (Reuter)-A gloomy picture of trade condi- tions in North China was painted at the annual meeting of the Tientsin General Chamber of Commerce by Mr. C.. E. Peacock, the Chairman, who told the gathering that an atmosphere of complete uncertainty prevailed in Tientsin "under which conditions business cannot flourish.”

14

indi

der given by the Writers' United China Relief Committee pre- paratory to launching a $5,000,000 campaign in aid of China on April 3. The banquet hall was decorated with Chinese flags.

Mr. Virent Sheean, well-known claring that China is struggling The Brazilian Consul-General writer and Chairman of the Com-for freedom and better life. he tribute to Generalissimo consular body, as well as

tion received from Mr. Lin Sen. Chiang Kai-shek's modernisation vidual consulates and Russian and Chairman of the National Govern-programme and spectacular Jewish emigre bodies, that the ment of China, Generalissimo and achievements.

Madame Chiang Kal-shek, Brazilian Government has placed

"This wonderful development.” a ban on all further immigra- Madame Sun Yat-sen and Dr. HR. Mr. Wilkie sald, has been broken Kung, Vice-President of the Ex" by the aggression of Japan, New tion into Brazil from a31 parts

ecutive Yuan and Minister

of China is tou young, and too litte! of the world except. North and

Finance. South America.

integrated to withstand aggrey- Dr. Hu Shih, Chinese Ambas- sion. She was forced to abandoni sador to the United States, who the coastal cities and retire those able to put up a deposit of was seated at the speakers table, to the interior but she did not gave a short address thanking the abandon the dream... The Chinese Committee for promoting the have withstood bombings the like united China relief campaign, of which not even brave men in Prominent guests included Mr. Britain have had to endure. Bh Yu Chun-chl, Chinese Consul-has been subjected to savage and General in New York, Mr. Thomas barbarous military attacks. Her Lamont, Mr. Randall Gould, Mr. economic system has been destroy- H.J. Timperley and Mr., Nathanieled through the capture of large! 1 Peffer.

areas of her territory. Yet these Before introducing the guests simple and peace-loving Chinese and speakers; Mr. Sheean strongly born all with courage and cheer urged America to stop sending fulriess have won adintration aue supplies to Japan and Ambassador respect of brave men everywhere.

Exceptions, however, are in the case of technicians

made and

Legitimate firms, in the face of trade handicaps and restrictions, he declared, "are being driven into the background and replaced by a number of what may be termed mushroom' concerns who, by back- stairs methods, are collaring the trade-or what remains of it."

Mr. Peacock, in the course of his that North China, ManchukuoU.S.$20,000. review, protested against the un-and Menchiang provinces have

The, ban is a severe blow to commercial and uneconomic me- separate

European currencies and normal hundreds of

Jewish thods and practices by which passage both in goods and currency emigré, in Shanghai, and Jaban "military

exigencies" Were en-between those provinces is pract- who had been hoping to settle

ically prohibited.

down in Brazil.

forced.

He declared: "In wartime we realise trade has largely to be re- gulated by military exigencies and we, as a commercial chamber. must

SHARP DEMARCATION "Almost as sharp a demarcation is, made in Intercourse between North and Central China, and the

be careful to keep the boundary usual result of such restrictions line between trade and politics has been the recrudescence in a sharply defined, difficult as this may be.

"It is against the methods and practices by, which those military exigencles are enforced at which we protest when they are uncom- mercial and uneconomic and in the long run can only harm everyone's interests.

large way' of smuggling with con- sequent increased reactions on the economic situation;”

HONGKONG-

SHAREBROKERS'

ASSOCIATION

Volume of Business Transscted on Saturday, Mar. 29, 1941. SALES

Turning to the currency problem. Mr. Peacock said that in this mat-China Providenta ... ter" we are dealing with the Federal Reserve Bank dollar, which HK, Docks X.D..... is floating on air and is therefore subject to every puff of wind.

TRADE RESTRICTIONS

ARTIFICIAL CONDITIONS. "We must suffer embargoes and "Yet in the prevalling artificial restrictions imposed on our trade conditions we see this currency. but when new regulations are pro-which la of a purely promissory mulgated without

the

Hu Shih announced the kward by the Chinese Government of the Order of Brilliant Jade to Pearl

Buck

-We should help China because she is standing up against the aggressor who is tied in with European aggressors who attack BETTER LIFE

reedom. China is another front Mr. Willkie's speech which was in that struggle. But China's 15.80 nis first public

statement. on objectives are the objectives of America's obligation to China was free men. We must help the Chin Broadcast over 170 stations ese to preserve their freedom. Tais throughout the United States. De-must be aur polley in the Pacife

as in the Atlantic.

500

$5.30

500

5.30

100

1100

The total value is $8,860.00.

MONDAY, MARCH 31, 1941-PAGE 9

25

If you Value Your Health-

Insist upon

Gordon's GIN

No Colouring Matter

No Injurious

Ingredients

LA

GORDONS!

DRY GIN

DOSTRALITY LONDE

Life and liberty are the pursuit of

men in ever-widening areas. STEAMERS DELAYED happiness,"

Hood

NEW YORK, Mar 30 (Reuter)— Fear! Buck urged sending aid tThe sailing of the cargo steamers China as swiftly and strongly Bobin Locksley and Robin sending to England. She said that to Africa with war supplies pas China is not going to lose the war now been delayed for over seven and with some help can perhaps days.

The delay. it was stated here. end the war this year.

Despite losses Pearl Buck con- yesterday, is due to the fact that tinued. China has gained SM

the crews are demanding an un- usually large bonus before under- strength during the terrible years. "OPEN MARKET "We should undertake to sup- the Far East in the future China

It is quite generally known that in taking the voyage. port China's open market and if any nation threatens or seeks to Germany wins the European war, Indication of the importance now will be important, not Japan It MOSCOW, Mar. 30 (Reuter)-An control it. we should be against Japan will sink into a third rate attached by Russia to rubber is the that nation. We believe if Chin Power. Today Germany is directing establishment yesterday of and the United States can estab-real friendship to China because new commissariat controlling all fish a strong area of freedom and China Is more important to her branches of the rubber industry. trade, chances of war will be much than England. She will not try to $1340 less than if we fall to do su.

framers nature, increase to a premium of HONGKONG SHARE QUOTATIONS

having first worked out the details 30 per cent over currency which

or all the implications Involved,, as commands an exchange value in STOCK EXCHANGE, happened last summer with the foreign currencies, whilst In self- enforcement of full import and ex- protection local governing bodies port control, it is necessary to raise our voice in objection.

"Business for two months has been completely disorganised and certainly nobody could have bene fted by this.

(and others) accentuate the gen- eral feeling of lack of confidence in demanding payment in whatever currency bears the higher value at the time of payment.

"It is, of course, inevitable under "And even to this day I believe the conditions of an alien-occupted It is a fact that a lot of uncertain-country in which we today are ty prevails among import circles as existing that outside interests must to the correct Interpretation of suffer, but one cannot but question those measures."

whether the methods adopted by

SHAREBROKERS ASSOCIATION

Bayer Bollers Sales Kominal

SATURDAY-

29 MARCH.

Banks

#1335

K.K.. Banki

£77

D. Col. Reg.)......

£74

Do. Lon. Reg.)....!

Chartered Banka

Bil† | Mercantile Ħka. "A" £10 Mercantile Bka. "C“.

"Bank of East Asiz... N. C. & S., Banks.... "Yusurances (1) Canton. Insurances... Union Insurancés... Underwritera

$70

144

1229

$430

The Chairman declared It was the authorities are diverting trade doubtful whether there was any into the channels intended and not definitely united policy to controll merely destroying and "dissipating 12 the situation "when one considers that trade."

CROSSWORD

NO. 857

1

ACROSS Possessive

12

[4

pronoun

17

4 Savory

15

12

275

2

$22 23

27

DE.

24

'

21

33

34

30

S1

39

1441 42

E

$80

$183/186...H.K. Fires.....

786

"X.D.

852 $4.35 85 20 910

Shipping

$135 Douglases

19 Steamboats

Indo-Chinas (Pref.).

€60 Indo-Chinas (Def.)

41/10 Shells

#7 Waterbosta

$15.55 X.D. $154/80...

-་

828

15/0

1 ct

$97+

Docks, Wharveš.

Godowns, etc.

Ваучер Bellers Samt Joulua

$70

H.K. & K. Wharves... 896) | XD. Providents.......

B.K, Docks (Old).... 18

HK: Docks (Now)....

+Shanghai Dooks.................]

Kailans"

Baubs

Mining

Hong Kong. Mines.....

Lands, Hotels and

Buildings

H.K. & S. Hotels... || $3 16 .K. Land. $31.56

Do. 4 Debentures...

$15.10 Shanghai Lande...

1.K. Realties...

$3.15

20. 7€

832

24

32

$3

$6.70

Humphreys

35

+

X.D. $98

Chinese Wabates..

|

136

B45

на

No3

INS

29

57

DOWN

Hasten

3

Unit of work → Normal

conquer Chine, but will try to win provide democraile China's friendship.

Lampy

£74

£8

**We can peoples with weapons on vast Ezit scales, We can give relier and as- £10sistance. The purpose of this cam

WISH FRIENDSHIP

"In spite of our callousness and paign is to give generously that indifference,

In addition, an increase in the production of synthetic rubber is provided for in the 1941 plan.

our pre-occupation Peart Buck declared.

16 et. she may know how earnest we are with England and our, unwilling-

"I believe." she concluded, "that" We can strengthen democracy by mess to realise that China, has China is a pivot nation and who $320, looking boldly to the future. We fought and suffered far more and wins her friendship will rule the can give the peoples of the world far longer than England has, the future; who loses it will be last. new hope from us who have de- Chinese with for our friendship. We need them for the future and monstrated the ability to be free, England and the United States they need us now. They need relief The faith that kept us free must have China with thier if de-trom us and swift help of every must spread and awaken the souls mocracy prevails in the world." kind."-(Central News).

$430

80 cta.

$189

$125

$80 $80

***

41/101

$7

$5 27118.30

C.D.

C.D. $18

$28

15/0

Ba

}

ཏྟཱཎཾ

HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS

PRE-PAID ADVERTISEMENTS.

The following classes of advertisements are charged at the price given below:--- SITUATIONS VACANT.

HOUSES AND APARTMENTS WANTED.

Announcements not exceeding 26 Words are inserted under this heading at a Pre-paid Rate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.

HOTELS

9 Triumphed

12 Wrath

13. Bring into

line

14 Excitement

15 An ovum

16. Emulate

17 Burdened

19

Unitarian

(abbr.) :

21, Exist

22 Punctuation

24

mark

Venerated

27 Glacial

ridges

28 Stream

29 Perform

30 Melody

31 Lid

32 Young swine

33 Symbol for

selenium

34 Bot

35 Flät fish

36 Eight-line staárá

38 Artinces

39 Related

40 Expectation

41 Not fresh

43 Swiss river

44 Kind of carriage

47 Elongated

ash

48 Idy"

50 Grow old

51 Road

52. Abrasive

53 Baby

4 Red cedar

5 Came to

ground

6. Pastry

7 Within 8. To free 9. One who

steps through water

10 Poem .11 Prefix

denoting not.

-18 State

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of neither

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22 Shore

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24 Fasten firmly 25 Ancient -SOLUTION TOMORROW

Solution No. 856,.... BBGT BARIC POP, „„AMˆÐ KAMINOTA WE HURTS 11 ANTLER ‚¶¶ ̧ M'A 'I-NE 18 EEK FRANCESJUNDER RANGA TILTALI

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31 Institution. of learning 32 Weasel-like

carnivore 34 Implement 35 Drink in.

small quantities 37 European

country.

3B Verbose 40 Filament

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liquor

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measure

ANT GRANT TO OL" NETHAST B160IL

KEMALERSKINE 1 10 8 11 8 T É IN CAVILLE LTEus ALETEATEN ROT PAS10PINE 180W

$18.40

..

816

Cotton Mills

Ewo (9.)..

8200 S'bai Coltons (8.)...

Zoong Bings. (8.)..... Wing On Textiles (8.) Public Utilities

354 Star Ferriol........

$3,05 $6.70

244) $186

H.K. Tramwaya......? Peak Trams (old)... Peak Trams - (now).........

I'mnati Ferrim.....

$231

$6.20 #11

$6.20

Chins Lights (0)...... : $5,15

China Lights (Now).. ] $17

8201 C.Rt. $39!"

FOR

B. R. Electries (ota).

*

HE. Electrica/Now)...

Macao Electrics (Old) Maeng, Electrics (New) $12 Sandakan Lights..........

*2:30 ( 1990 XD. Taliphate (old)

· $8.00

$6.30 I.D.

$17.

Telephon[W])...

$3.80 | ID:

| B'port. Tráthane(Ord,

· Industriálé

| Caldi, Macg: (Ozd;) B}

$25

PRO:

Cald., Macg; (Prof.)8)

$1 Canton Tea......

Cements $7.40 H.K. Rope

$97 4% LORD

Miscellaneou XD. #17 Dairy Farms.........

304431%

$941 81%

$16

WANTED TO BÚỶ

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$125

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General Agent: Chan Che Kee No 4, Lyndhurst Terrace Tel 26402.

WE PAY HIGH PRICES 16, for all gold and silver articles, gold bars, diamonds and lewels. Apply China Gold Refining Go Pedder Building: 2nd Boor. Room 6.

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·(1994).

(1940).

318

CID:

Entertainmenta $1.60 Constructions (old)) Constructions (now)..

$7.15

Ledi

$1.65

$7 Lane Crawfords (4

Nanyang Tobkoc

$2.80

19.70 I.D. 101

$3.15 Sinceres

-- $2,15

$11

4 C G.5% 1925373ds 200 2.K-Wing On ........

#7.30 Vibro Piling, y

8 Marsmans Inv. (kon.) 241MA MArtinant 109. (HKEY -410 Prodatgyike,

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FOR JADED APPETITES!

REAL RUSSIAN FOOD

Tiffin $1.20

Dinner $1.50

METROPOLE HOTEL

BUTTERICK

Expert Ladies Tallor New Style Ready Made Dresses, Overcoats and Costumes FOR SALE Wyndham Street.

Tel. 25815

TAILOR LAM SHIU SHEK 334, Nathan Road Kowloon, Tel. 57712. Guaranteed delivery 1 kult in 24 hours notice and 6 hours

ENGRAVERS

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TONG KONG

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