HONGKONG "DAILY PRESS
SINO-BRITISH EXPORT CREDIT AGREEMENT TO BE SIGNED SOON
LONDON, May 21 (Central) - A new Sino-British export credh agreement for £5,000.000 will shortly be signed in London, It is learn- ed from well-informed circles.
Negotiations which have been carried on for some time between the Chinese Government represented by Dr. P..W. Kuo, Vice-Minister -or Finance, and the British Government have been concluded satis-
factorily.
THAILAND USED AS PURCHASING. AGENT BY AXIS AND JAPANESE
FRANCE'S FISHERIES INDUSTRY
The fisheries Industry in France has been reorganised into a cor poration, the first in this country, following the successful exorts of Admiral Francois Durian, Vice- The new credit is good not only Premier and Navy Minister. for purchases of materials in the Henceforth, any person engaged Sterling area but also for covering in the fishing profession or the coast services connected with purishing industry will automatically chases together with other services become a member of this corpora necessary for national purposes in tion and will be subject to its rules Ching.
and regulations. All members will The terms and conditions of share the expenses of the new the agreement are said to be "more organisation." favourable than those of the pre In exchange, fishermen wil no vious credit. This 's undoubtedly longer be isolated and will once LONDON, May 21 (Central)
British and for all come out of their pro How the Japanese-Axis trade plot due to the fact that the
then letarian state... in the Far East was frustrated was Government recognises more
LOCAL BRANCHES revealed in reports reaching Lon-ever that China is fighting
In every fishing harbour or group don yesterday.
the maintenance of common de
same of harbours local branches or the Japan and Germany. It is said,mocratic ideals against the have been using Thailand as a forces of aggression and therefore corporation will be established for purchasing agent to secure war China deserves full encouragement each branch of the ashing in supplies from the Netherlands and material support which Bri-dustry. Regional unions of these East Indies apart from Thailand's tain is able to give.. own output. A special Thai trade mission was sent to Batavia with cash offering to buy oll, ships and rubber which were to be sens to Japan, and Germany vis Russia. The Dutch discovered the mission "acting on behalf of the Axis and
declined to consider the offer.
Thalland, it is known, has been supplying Japan and Germany via Russia with her tin. rubber and other commodities.
for
FINANCE & GENERAL
VAST FORD PLANT TO PRODUCE PLANE MOTORS
DEARBORN, MICHIGAN, Mar 11--MR, HENRY FORD'S mam- math River Rouge Plant is the heart of Ba Industrial emplre «that, stretches around the world, a unit 50 vast that coke, iron ore, raw rabber and sand arrive at one end and emerge as auto- mobile and blitz buggies for the army. Eventually, too, there will be aeroplane engines for defence. The plant is as integrated and self-sufficient as a city. It has its own water and power supply. 1 sprawls over 1,300 acres of prairie which Ford purchased when his REPRESENTATIVE little more than a dream. far-Bung industriai kingdom was
90,000 WORKERS
P.A.A. SALES
L. Schafer Charles
In Colony
new
Pan-American
It has more than a hundred miles of railroad track, within the plant area. 20 locomotives and a thousand cars of rolling stock. An arrival by Clipper on TWB3- peak times 90,000 men go to work day was Mr. Charles L. Scharer. each day. Their labour requires who is the 700.000.000 gallons of water a day Airways Sales Representative for and Washington consume combin- Owen Johnson.
as much as Detroit. Cincinnati chins, taking the place of Mr. ed. 4,500 tons of coal a day and as transferred to Singapore as P.A.A. who has been much Eas as the entire city of Detroit.
representative there. When Ford began building along! It is anticipated the first P.A.A. local branches will be formed the tiny River Rouge it was little clipper from San Francisco For the purpose of the new as will also inter-professionat com-more than a stream. Today Singapore will leave for the Orient agreement a committee will be mittees under the contre of the ocean-going freighters come to the on May 21. leaving Manila for formed. It will consist of three Central Corporative Committee, open mouths of the furnaces into Singapore on May 23, and Mr. chinese and three British mem-which will guide and co-ordinate which they empty the raw mate- Johnson has left for Singapore to hers whose appointment will be the action of the regional unionsrials which, with speed charac- await the arrival of this
govern and supervise their activities both teristic of the industrial era Ford Clipper on the new service; agreed upon by the two
from the social and economic view symbolises, are transformed into ments concerned.
The flight from Manila to Singa- points.
Anished products.
pore takes about 101⁄2 hours, and
WASHINGTON, May 21 (Reuter
-The
defence.
,
STANFORD CLASS
tu
Orst
THURSDAY, MAY 22. 1941. —PAGE 9
PABST
BLUE RIBBON BEER
Cround the World, it's Pabst Blue Ribbon
Pabst
EXPO
BEER
From the Riviera to Singapore.. frora Buenos Aires to Bombay... in the smartest clubs, restaurants and bars as well as..In the fine homes... you'll find this world-tavourite of beersi
Because Pabst Blue Ribbon is a class by itself. The lighter, zestier beer for keener refreshment. Nothing heavy or syruby to slow up its delightfully invigorating action.
And wherever you order Pabst you' find it always the same Pure. Delicious Wholesome. For in every tangy, thirst- quenching drop, we give you Guarded. Good- ness from Grain to Glass... your absolute: » guarantee of the highest quality that Nature, 95-Year Skill and Modern. Scientific Control can produce.
Mr. Schafer joined - Pan-Amer DODWELL & CO.,
YEATS
The new corporative organisation A fleet of 29 vessels, with the with the Institution of the new will therefore be complete, consist- Henry Ford I as flagship, serve service, there will be a weekly ing on the one hand of an econo- the plant from ports throughout Clipper service between Manila House of Representatives mie administrative organism, and the world. The plant has its own and San Francisco, and a bi-week- yesterday passed and sent to the on the other of a group of organ-police force-as efficient in som ly service from Hongkong and Senate a Bill giving the Maritime isms in which fisheries will be re- respects as the best law-enforce-Singapore to Manila.
¦ment agency in the country—three: LONDON, May 21 (Reuter)
Commission persuasive authority to presented.
kilo. turbo-generators of 110,000 The sinking of the Royal naval control shipping rates. cargoes and
The Navy Minister will be repre- auxiliary vessel Camito an-voyages in the interests of national sented by a Government Commis-watts each. 125 miles of conveyors
B "nounced by, the Admiralty.,
stoner in these various organisms, and 5,000 men whose sole job it is can Airways about three
to keep the plant clean.
ago after a short period of service The commissioner will act "as an
with Chrysler Motor Company. He adviser and will enhance the spirit.
FORD EFFICIENCY of national revolution in all dis-
Typical of Ford efficiency within was in the Stanford class of 1938. the Rouge Plant is the use of what cussions.
ordinarily would be waste steam, sentative for Standford alumni in At the Rouge ft isn't wasted-it is New York. piped into discarded railroad Previous to coming out here.. boilers, compressed. and used which will be his first foreign post again. Although thousands of with Pan-American, Mr. Scafer tons of coal pour into the furnaces was in charge of publicity and
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Buyers
Bellera
Halon Voian
$71
$176
81310
£76* £74
SHAREBROKERS'
WEDNESDAY
21 MAY.
Banks.
HK. 'Banka'. ........'.................... Do. Col. Reg.) ..... Do. (Loa. Reg.)... Chartered Banks.... £23 Mercantile Bka. "A"
183
11
INL
Mercantile Uks. "O",
Bank of Bast Asia.
N. C. & 8. Banks...
Insurances
4220 Carton Insurances...... Union Insurances................
3405
$1
X.D.
Underwriters.......
H.K. Fire..
Shipping
E128 Douglases
Steamboats......**
Indo Chiass (Prof.)...
ASSOCIATION
Belleri Buyer
Sy Nemina
81310
£76)
£74 *287
$71.
16 ct.
$73
$8
560
40/7
„Indo Chinas (Def.) Shells
Docks, Wharves, Godowns, etc.
$5
!!
26.10
: 1:
i
$2.85 83)
831
$2.70
$5.70
$85+
***
12/6
$8.55 Watercinta
1.K. &. K. Wharven.. Providenta
$14.95 H.K. Docks (Old).....
H.K. Docks (New).
2261+Shanghai Docka...
Kallons
$8 Raubs
Mining
1 cts Hong Kong Mines...
Lands. Hotels and Buildings
H.K. & S. Hotels......
H.K. Lands.............
$97 Do. 4% Debentures....
$13.20 Shanghai Lands.
H.K. Benlties.
86.70 Humphreys
Chinese Estates.
Cotton Mills
Ewo (8.)
8205 Shal Cottons (8.)...
$99
$35
$2.85 #31
75 eta
ဆုံး
FUKIEN PROVINCIAL
Queen's Building,
LTD.
Tel. 20638,
and was for a time special repre- "DOBBIE" APPOINTED Iraq Rescue Drama
GOVERNOR OF MALTA
LONDON, May 21 (Reuter) Major-General Sir William George
LONDON, May 21 (British Wire- less)-During operations in Iraq a naval aircraft which had been damaged while taking part in an
BANK EXPANDS each day there is only one scoop exhibits for P.A.A. at the Golden Shedden Dobble, known as the attack on the barracks at Samawa shovel within the Rouge Plant It Gate International Exposition ateious fervour, has, the Colonial Laree miles south of the town and
is a chromium.plated one preserv Treasure Island;
ed as a relle of bygone days. Luxurious super-highways countless street car and bus lines
ani
modern "Gordon" owing to his re-had to make a forced landing
was quickly surrounded by mem- Office announced, been
ners of Raschld All's forces- who Governor of Malta,
opened Bra 7. Sir William has been adminis-
appointed
Despite the progress of the wa, the Provincial. Bank of Pukien has £234 been expanding rapidly. Its scope 211 of business, organisation and per-
sonnel, according to statistics for serve the plans. During "normal NASSAU, May 21 (Reuter) The tering the Government of Malta Other naval aircraft. which bad the past four years published by operations so many men are em- Dictator of the Dominican Re- since he assumed command of the observed this incident prompts #209 the Bank recently.
ployed on each shift that a change public, Rafael Trujillo, arrived here troops in April 1940, with the ex-landed and rescued the crew with- The business transacted last year of shifts must be staggered over from New York yesterday. He is to ception of a short period in May out casualty in the face of armed reached the total of 88,309,222,589, two hours..
meet the Governor, the Duke of 1940 immediately before General 02 1Chinese currency, representing.
יו
F405
$176
One of the principal thorough- Windsor, and the Duchess at Sir Charles Bonham-Carter left opposition and once more took to
an eight-fold increase over the fates bordering the eastern rim of Government House $1174 Agure of $1,019,954.23 for 1937. The the plant is Miller Road. Along Agures for 1938 and 1939 were its northern fringe is a parking lot $1,501,484,852.53 and $3,931,472.123 for thousands of worker's auto- mobiles. Then for more than a 08 respectively.
$80
$80
40/7 864
$261
12:0
$8
the Colony
the air.
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements are charged at the price given below :— SITUATIONS VACANT. HOUSES AND APARTMENYS WANTED.
HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.
Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.
The Bank now has 94 branches, quarter of a mile the road abuts offices and agencies, of which 85 against 3. two-story Red-Brick are scattered in various parts of outerwall of the plant proper. At 885) Fukien, six located in the business the southern end of this portion of centers of neighbouring provinces, the plant, along Miller Road. are $14.95
one in Chungking, and two in the coke ovens and blast furnaces.. South Seas regions, In 1937 there "BATTLE OF THE OVERPASS" were only 20 units which were in- "Most of the principal unton al- creased to 33 in 1938 and 56 in 1939 tercations have been at the Miller
Owing to the expansion of bust-Rd, entrances. At the three majori Пess there has also been an in- Miller Rd. gates a majority of the crease in personnel. At the end of workers enter and leave the plant 1940, the number of employees daily. Large overpasses extend from
TO LET-Unfurnished from 1st. reached $16, representing an 80% the plant itself to parking lots and June. 300 The Peak Six roomed Increase over the figure of 583 for street cars and busses across the house
Bluff Path, Fifteen 6071
1937. The number of persons for road
Tram. so that workers need not minutes from
Reasonable Reat. Hastings & 13.70 1938 was 659 while the gure for walk across the road itself.
Co. Marina $6.40 1939 totalled 836.(Central News! It was at the gate 4 bridge where House.
now-famous "Battle of the Overpass" occurred in 1997 when
the
MENZIES RETURNING several unionists, including Richard
སྐ་
TO-AUSTRALIA
Frankensteen and Walter Reuther, both now high UAW CIO execu-
:
$36 $200
Zoong Sings (8.)...... Wing On Textiles (8.) Public Utilities
$120
$15.00 H.K. Tramway...............
#7)
$16
3514Star Ferries.............
$21,36) Y'mati Ferries....
China Lights (0) $6.70 China Lights (New).....
$1.26
Mr. Menzies will broadcast a out. message to the nation immediately On arrival
($11.35
#114
$181
$18
12
意
Peak Trams (old).... Peak Trama · (new)....;
LR #22 H. K. Electrics (Old)... X.R.
$21 H. K. Hectrice(New)...
H.K. Electric (Ris)
almeno Electrics
Atacao Electrica
Sandakan Lights.......
$22.60 Telephones. (old).................
Telephones (Bow)...................
Industrials
891
830
Cald, Macg. (Ord.) 8.
$25
Gald., Macg. (Pref.)8
$1
Canton Ice.....
$131
$13
H.K. Ropes
H.K. Govt. Louna
$944 (31%
¿
(1894). (1940)
$73
Cementa ...
$97 4% Loan
$94 31%
Miscellaneous
17 Dairy Farms.
Entertainments
***
$1.60 | Construction
$1
(old)..
Constructions (now).. Lane Crawfords....... Nanyang TobscoD......
12.15 Sinceres
89
Watsons
28 Ch. G.5% 1925G3Dda
H.K. Wing On .......
$39
www.
B'hai Wing Un
$7.20 Vibro Piling
Marsaus Inv. (Lon.
6/3
2/1
Maramans Inv. (II.K.)
$1
Wm. Powelle
Lights Ats...
+Bale to Shanghai
$3.95 $2,90
#:
WANTED
Energetic canvassers
231
(Boys or
'MELEQURNE, May 21 (Reuter) tives,, were beaten severely. Latiga- -The Federal War Cabinet has tion resulting from the battle was Girls), for outdoor work. Apply 10.86 cleared up outstanding business in carried to the Supreme Court. It Box 249 H.K.D.P. ́„
preparation for the return of the was along the Miller Road Prime Minister, Mr. R. G. Menzies, trances that the most effective 150 $20.80 from North America at the week-picketing occurred recently, and at
end.
which most of the fighting broke
$22.30)
$81
and manufacturers
rubber
e?-
into
WANTED TO BUY
WE OFFER HIGH PRICES for any amount of gold articles, diamonds,, silver, jewels, etc. No holidays. Apply Chine Building, 7th floor. Tel.
30727.
EURASIA GOLD REFINING CO.
FOR JADED APPETITES!
HOTELS
REAL RUSSIAN FOOD
Tlin $1.20 • Dinner. $1.50
METROPOLE HOTEL
BUTTERICK
EXPERT TAILORS FOR LADIES' GARMENTS.
NEW STYLE READY MADE
AMERICAN DRESSES
WE PAY HIGH PRICES ULTIMATE GOAL Ford's ultimate goal has been to for all gold and silver articles. Mr. A. W. Fadden, the Atting make his Rouge Plant completely Jade diamonda, jewels,' watches; Prime Minister, will handover
self-sustaining. At present it is so fountain pens. Apply Far East to Mr. Menzies officially on May 26, more than any other comparable Diamond and Gold Refining Co. industrial unit. He makes glass Room 621, China Building, 6th ADMINISTRATOR OF tires, hig blast furnaces emit 47 floor. (Store "will open on. Sun-
different types of steel, and in all days and Holidays). there are 250 separate departments LONDON, May 21 (British Wire-within the Rouge System.
General Agent: Chan Che Kea 16, Wyndham Street, less)--Lt. Col. A. Ebeater, Colonial
Across the keystone of Ford's No: 4, Lyndhurst Terrace. Tel Secretary in Gibraltar, has been fireplace in his spacious home not 26102
Administrator appointed
of St. far from the Rouge Plant is the Windward Islands, in inscription "Cut your own wood
ST. VINCENT
75 ots.
$51
97%
944
Vincent.
rad
succession to Major W. Bain" Gray and it will warm you twice." This whose appointment as Governor, is the theory that has motivated
WANTED KNOWN
$17 of St. Helena was announced re-development of his Rouge Plant, Experienced Book-keeper Wants
cently.
$1.65
*7 PUPPET OFFICIAL
ASSASSINATED
first to benefit by manufacture of Students to form à clam. „Guaran
the materials he needs, and then tee students to keep a whole set of these books, after completion of a course
to pront by converting
materials into the finished product. of 6 months. For Term and Par
ticulars. Please Apply to:-Box
KIAN, May 21 (Central)~~Tszʊ } F.D.R. TO MAKE
28 le
Chih-lan. chairman of the so-
814
called peace maintenance commit-
***
STATEMENT
N 463 c/o H.K.D.F
י
FOR SALE.
Tel. 23615
Jimmy's
AUCTIONEERS
GREATEST COLLUTION OF BARGMNS EN TOWN!
LAMMERTS MOIDON ROOM
tee at Hukow at the mouth of Po- WASHINGTON, May 21 (Reuter, that the Polish Premier, Gen, yang Lake in north Klangal, 17-President Roosevelt is expected Sikoraki, who has returned from miles east of Kluklang, was assas to make a statement of "some gra the United States, said: "The hoon at 9° 4. sinated on April 16 by his subor-vity" to the nation this week. United States is about to take p dinates in his own residenc
A message from London states declaive step."
TEA DANCE DAILY
EXCEPT MONDAYS
5 to 7.30 P.M.
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street. Telephone No. 2222A,
Help Your Friend and his Hobby by giving
POSTAGE STAMPS-
for
his COLLECTIONS
and SEEDS
his GARDEN We can supply the goods of his and your want GRACA & Co. Dealers in postage stampa
garden seeds, etc. No. 10 Wyndham Street, Established 1996 " TRONG RONG
"