1938-03-03 — Page 7

HONG KONG DAILY PRESS. THURSDAY, MARCH 3, 1938.

TO

IK. TRADE SWELLS TO NEW HEIGHTS

prts and exports of mer- cise by certain countries for thonth of January, 1938, are

below, the figures for Janu- 37, being given in brackets:~~~~

STRIKING INCREASES

IN JANUARY

SERIOUS JAPANESE LOSSES SHOWN IN LATEST FIGURES·

COMBINED VALUES OF IMPORTS AND EXPORTS of merchan- dise (excluding Tressure) as declared during January totalled $101.1 millions (6.3 millions) as compared with $74.0 millions (£4.6 mil- llons) in January last year, äccording to a report covering this period of Hong Kong's trade issued by the Statistical Branch of the Imports and Exports Department yesterday!

In terms of local currency the total visible trade of the Colony (excluding Treasure) increased by 36.6 per cent. in January, 1938, ns compared with January, 1837, and by 37.0 per cent. In terms of Ster- ling.

P

The total values of imports and exports by main groups of com- modities (including Treasure), dur- ing the month of January, 1932, are given below, with the figures for January, 1937, in brackets:--

Animals, Live

Imports $

833,257 (813,626)

Building

634,654 Materials (523,077) Chemicals and 754,626

Drugs

Exports $

2,100 (16,550)

383:251

(394,298)

978,766

(575,081)

1,015,802

(261,008)

1,153,673

Chinese.

Medicines (1.379,853) (1,148,808)

Imports of merchandise totalled $61.7 millions (£3.8 millions) as compared with $39.9 millions (£2.5 millions) in January, 1937, and Fuels exports $39.4 millions (£2.4 millions) as compared with $34.1 millions (£2.1 millions).

SUSZ5252525PAL 52525252525252525252525252525252525252525252525252525252525257STUST

WALK IN COMFORT

by WEARING

Imports

Exports 5 4,318,798 2,030,081 (2,267,326)

(1,849,083)

alia

úda

Bah

playa

1,169,955 250.142

(318,933) (937,692)

142,839 192,825 (42,019) (275,275)

532.345 180,993 (556,794) (369,004)

4,99€ 120,939 (32,390) (73,610)

941,382

288,525 (416,008) (432,244)

400,519

9,763,526 (006,580) (3,058;967)

Dyeing

Materials

Foodstuffs

5,828,479

(518,745)

12,767.884

409.029 (403,760)

8,460,811

1 Zealand

33,856 (57,931)

Bum

44

Ca

iddle

Cha...

buth Ance

250,819

$19.361

73,871 (85.179) N. Borneo 195.544 158,389

(150,991) (141,747)

901.949

9,610 (129.278) 423,743)

3,040,794 Cha. North 6,023,940

(5,984.175) (3,348,410)

902,863. 1,989,529 (699,807) (1,824,228)

12,961,572 10,608,065

On the other hand imports from the United Kingdom were (7,379,252) (8.012.765) $4.316.798 compared with $2,267,326; from Germany $7,472,721 as to

$2,229,656; and from the U.S.A. $9,330,892 as to 51,784,480.

Hardware

(10,559,733) (8,832,454) 1,024,139 73,701 (1,482.003) (103,048) *797,493

SHOES

OF

REPUTE

267,478

1

Liquors

(525,818) 305,484 (322.147)

(485,798)

110,209

LANEFORD' 'MANIFIELD'

(67,382)

Machinery & 1.238,765

Engines

Manures

(530,523),

3,660

638.228 (404,273)

SHOES

SHOES

(539,572)

120,803 (235,541)

from

from

4

Imports from Japan dropped to $1,267,770, as compared with Exports to that 55,530.521 for the corresponding period last year.

Metals

6,477,098

3,960,416

(3,611,207)

(3,810,845)

Minerals &

741,695

country were also less, being $257,962 as to $2,176,806.

Ores

Nuts &

Seeds

, (560,052) 1,520,930

(702,811)

4

(144.962)

(93,026)

To-China

Imporis from South China were $12,961,572 as to $7,379,282 and exports $10,508,965 as to $8.012,785.

Oils & Fats 14,451,053

,(4,591,894)

211,615

1,496,994 2.620.464 ((1,499.1281 (1,663,984)

Marked rises were shown in imports of dyeing materials, machin- Gmany 7,472,721 2.123,964 ery and engines, metals, olls and fats, tobacco, vehicles, electrical Paper

(2.229,658) (254,842) apparatus and matches.

1.987,537

(918.366)

1,254,811

. (511,796)

7,539,344

$14.50

$19.00

Paints

Imports of merchandise Increased by 546 per cent. in terms of local currency, and by 52.0 per cent, in terms of Sterling. Exports of merchandise increased by 15.5 per cent, in terms of local currency. and by 14.3 per cent, in terms of Sterling.

HUGE PETROL IMPORTS

Less 10

Cash Discount

Men's Wear

Department

2,510,581 €8,899,796

(1,341,948) (1,531,764) LANE CRAWFORD • LTD.

560,726

(389,215)

710,838

(265,800)

283,147 1,819,797

(316,859) · (1,558,607)

SUNDRIES

214,361

The House of Quality & Service

Tel. 28151.

(5,020,272)

70.001

(170,669)

(112,080)

971,300 (775,581)

772,823

Hand

ItY

Jan

Fonk

489,218 (429,415)

101,884 (92,814)

1,267,770

(5,530,521)

875,782 how Wan (589.077)

606,811

Petrol imports amounted to 4.426,733 gallons as compared with (217,688) 1,281,137 gallons in January last year.

|Rallway

26.148

428 ›

COMPARATIVE FIGURES

Materials Tobacco

Piece Goods 4,242,071

(5,120,123)

26,106.. (6,520) 1,137.797

(658,908) 2,385,617 (3,170,941)

39,348

(8,153)

1,390,408

(190,409) (363,984)

Neao

257.962

The following table shows comparative figures of imports and ex- (2.176.808)

ports of Merchandise and Treasure during the months of January. 815,289 1938 and January, 1937: (950,658) 1.206.562 2,088,393

Treasure

Vehicles

(4,386,374)

Mth. East

Indies

(748,846) (1.211,855)

5,252,467

Allippines 198,422

1.

Sam

America

307,484

(23,431)

71,910 (237,389 !

LS.A.

9,330,892

3,511,184"

11.784,480)

(2,783,141)

1,123,776

Merchandise Treasure

(761,507)

843,168

Total

[144,884; (1.274.388)

3,258.328

1,071,293

IMPORTS January 1938 $61,700,050 2,510,581

$64,210,631

January 1937 $39.895,093 1,341,946

Wearing

Appare!

Bags

$41,237,039

185,526 (232,380)

(420,226)

EXPORTS

(2.044.411) (1,449.839)

January 1938

Merchandise Treasure

·Total

$39,363,561 68,899,790

$108,283,357

January 1937 $34,098,300 1,531,764

Electrical 838,929

Apparatus (157,880) Hides

Leather

661,541

(664,569)

441,740 (1,092,707)

246,809

122,013

,,(071,507)

65,379

$35,030,064

(All Kinds) (280,509) Matches

(98,303)

244,422

(73,312)

(108,800)

Others

Total

(Coplinued on Column 4)

REMUNERATION

CLAIMED

Sale Of National Salvation Bonds

FLOWER SHOW TODAY

Competition Stated

To Be Keen

SUNDAY SCHOOL TEACHERS

Training Course Commenced

Sunday

3,934,183 (3,543,138)

105.321

3,668,127 (3,346,326)

FORTHCOMING MARRIAGES

The following forthcoming mar- rlages are announced:-

Lt. George Jameson Cardew, R.N. 64,210,631 108,263,357 of the aircraft carrier, Eagle, and

(41,237,039) (35,638,064)

Mias Pauline Tatiana Wood, DI NO. 300 Hillwood Road.

en-

MONTHLY FLUCTUATIONS

Mr. Norman Hart-Baker, Since January, 1937, monthly gineer, of No. 428 Embankment values of imports of merchandise Building, North Soochow Road, Into Hong Kong-fluctuated from a Shanghai, and Miss Dorothy Chris- low Hong Kong dollar value (38.5 tina Tollan, of "Dunrose," Castle milliors) in February, 1937, to a Peak Road, Hong Kong. high of 64.7 millions in September,

Mr. John Lue Hue, of No. 93 1937; whilst export values fluctuat- Kwellin Street, second floor, and A training course for

ed from a low of $30.9 millions in Miss Ling Klu, of the same address. Arising out of the sale in the Many varieties of spring flowers Cobny of Chinese National Salva- and vegetables have been entered School teachers was commenced at February, 1937, to a high of $45.8

'Mr. Tsui Chan-luen, salesman, of tlor bonds, the hearing of the re-ter the annual show of the Hong the Kowloon Union Church Hall millions in December, 1937.

the Sincere Co. Ltd. residing at Details are given below, with the Sing Street," and Miss Yeung muneration claim for 818.33 Kong Horticultural Society, which yesterday. The course will be con-

Yee commences today at 10 a.m. at St. dnued on every Wednesday from sterling equivalents, at monthly Sin-ching, of No. 4 La Sing Street, brought by Mr. Francis

5.45 to 7 p.m. until April 6 when average rates of exchange. in "agalest four prominent local John's Place, Garden Road,

Chinese residents, was continued Competition is exceedingly keen. it will be held at St. John's Cathe-brackets:-

1937 before Mr. Justice R. E. Lindsell Among those "who have sent ex-dral. On the latter occasion," Dean in the Summary Court yesterday. bibits are HE. the Governor, HE. Wilson will lead the

the Hon. Sir Major General A. W. Bartholomew,service. Shouson Chow, Mr, Kan Tong Do, Lady Ho Tung, Air. Eu Tong-sen,

Defendant were

Mar

second floor.

Mr. Ng. Tam-wan residing at Exports No. 212 Wanchal Road, second $34,098,300 floor, and Miss Marla Costa, of the (£2,113,384) same address.

Imports .. devotional Jan.

$30,895,093 (£2,472,865) $38.451,281 At yesterday's meeting, the Rev. Feb.

$30,004,672 Mr. Ng Chee-cheon's, of No. er Manager of the Bank of East Asia, Mr. A. H. Compton and the Peak H. W. Baines gave a discourse on

($2,378,170) (£1,911,422) Belchers Street, second floor, and. "Worship". Mr. Li Bing-kui, Chairman of the Club.

$53.355,278 $40,685,991 Miss Ng Shui-sham, residing at No. Chinese Chamber of Commerce. Judging will take place this

Speaking on the subject of

(£3,299,968)

(22,516,388 23 Pa Kong Road, Arst floor. and Mr. Shou J. Chen, Manager morning and H.E. the Governo. "Carelating Sunday and week-day | Apr. $54,839,318 $34,144.114 of the Bank of China. They were Sir Geoffry Northcote, has kindly activities," Mrs. R. G. Phillipa

(23,391,755) (£2,111,778) stated to have been delegated by consented to distribute prizes to based her remarks on the firm be- May the Chinese Government to take the winners in the afternoon.

Hef that week-day activities should charge of the sale of "Salvation the absence of Lady Northcote, Mr. supplement Sunday School work June bonds" in Hong Kong...

Ho Kom-tong will act as chairman and Mr. of the Society."

H

In

Sir Shou-son" Chow Chen brought a counter-claim for damages in the sum of 8385 by reason of plaintiff's alleged breach was offering his services trée, but

of duty in authorising or procur- ing the printing of 10,000 posters. Mr. M. A da Silva appeared for

said he was volunteering to certain extent.

MR. CHEN'S EVIDENCE

1

a

and that the members of the Bun day School class should

be the July members of the week-day group

Aug. with the Sunday School teacher as the group leader.

Mrs. Phillips said that the tre- Sept. mendous need for group work, es-

Oct.

Nov.

Dec.

1938

.

Jan.

plaintiff Sir Shou-son Chow and Mr. Shou J. Chen, the fourth pecially with teen-aged and eye

some

younger children could not be testified that Mr. Chen were represented by Mr. defendant,

denied. Peter H. Sin, while Mr. O. Y. time in the latter part of August

Speakers for the course will be Kwan was for the other two de- last, plaintiff came to bim and

as follows:-Mrs. E. K. Carpenter, fendants.

aid he would like to help in the Questioned by Mr. Sin yester-sale of the bonds. He explained Mrs. F. E. E. Booker, Mrs. J. R. |Higgo, Mrs. R. G. Phillips, Rev. J. day, plaintiff said that when Mr. to him that there was a comunit-

E. Sandbach, Miss W. A. Robinson. Ngan Shing-kwan, manager of the tee in charge of the campaign, China Motor Bus Co., took away and that he could not expect any Rev. H. P. Bunton, Mrs: E. Kirk, some of the posters from his office salary. Plaintiff agreed to this, Mrs. K. Gillison, Rev. Frank Short, he understood he was going to and from what he said he gather- put them up in his buses.

At the anal meeting on April 6 full of en- man There was no fixed remunera-thusiasm anxious to do something there will be a question hour. tion prior to November 1, but he for his country.

ed he was a

Mrs. Bird.

$49,843,843 $40,116,383 BANK OF EAST ASIA (£3,076,300), (£2,475,933) DIVIDEND AND BONUS

$50,064,336 $36,019,728

40 Cents To Paid By Hotel Company

(£3,070,352) (£2,386,874) $50,189,072 $38,190,851 (23,058,307) (£2,205,380) $54,965,538 $38,231,128

A dividend of $6 and a bonus (23,388,701) (£2,359,577) of 1 per share 'will be paid by $64,710,503 $39,439,897 the Bank of East Asia, Ltd., which (24,010,709) (22.444,452) reports a nett pront of $880,164.93

$51,792,365 $43,585,875 for the past year. (£3,210,048)~ (22,701,416)

Dividend and bonus payments $59,675,204 $45,224,324

and will absorb $391,902,

the (£3,690,849) (£2,791,077) | balance is proposed to be divided

$49,342,058

$45,781,460 as follows:-transfer to reserve, (23,051,755) (22,831,536) $100,000, bonus to Staff $18,137.53, carry forward to new account. $370,125.40.

$61,700,050

$39,363,561 (£3,824,118) (£2,439,721) Mean rate of exchange for Janu

ary, 1038: HK.3—13. 27d.

HONG KONG HOTELS

The directors of the Hong Kong and Shanghal Hotels, Ltd. 1- nounce that .a dividend of 40 WAY OF THE CROSS cents will be paid for the year

A solemn ceremony, attended by 1937. Nett profit amounted a large congregation, was held at $901,045.81, Out of this sum, H.K.U. ALUMNI MEETING

the Catholle Cathedral yesterday $79,778.54 will be transferred. to The second annual general meet-evening. Ash Wednesday.

Repairs and Renewals Account.

be held

by Rev: Father G. M. Spada.

forward.

to

was given to understand that he On his recommendation, witness was to receive substantial com- went on, the Committee agreed to pensation for his service at the pay plaintiff $100 as his allowance, end of the campaign. The total and on learning this plaintif said ng of the Hong Kong 'University The Way of the Cross was lead.and $343.720.47 will be carried amount he drew from the fourth he wanted the money right away Alumni Association will defendant was $612.30. Including as he was "broke." The money tomorrow at 5.15 pm., at the asso- his personal allowances of $350. was paid to him before he actually ciation's

Building. During his period of service. started to work. plaintiff approached all Chinese On October 18, plaintif wrote a newspapers for the purpose of letter saying that he wanted $150 urging them to contribute free as his allowance and that he was space in connection with the sale entitled to a remuneration at the of the bonds, He did not tell the end of the campaign." advertising manager of the Keng The hearing was adjourned until Sheung Yat Po that he himself March 24 at 10 a.m.

יד

The annual meeting of the Hotel rooms in Gloucester SIR PERCY NOBLE TO Company will be held on Wednes-

RETURN

day, April 7. His Excellency the Commander-

The Dockyard Club will hold a in-Chief, Vice-Admiral Sir Percy Lai Yin, 65, was removed to the supper dance at the Peninsula Hotel Noble, will return from Singapore Kowloon Hospital yesterday suffer- on Saturday, March 28. The even-aboard MS. Cumberland, Flag-ing from severe head wounds sus- Ing's programme, will include spot ship of the China Fleet, on March tained in a fall whilst working in dances and Paul Jones,

10.

'a 'godown.

ATTENTION!

THE NEWS IS OUT!

STOCK" TAKING

SALE

The Logical Time to Purchase!

You'll SAVE

every item

when you shop here."

China Emporium

LTD.