HONG KONG DAILY PRESS
Finance and Commerce
DISCRIMINATION AGAINST | NOVEL LONDON BRITISH SHIPS IN CHINA SHARE OFFER
Restrictions Form Subject Of Questions In Commons
London, December 6.
North
In the House of Commons yesterday, Mr. A. C. Moreing asked what steps the Government bad taken to remove the pressure which was being exercised by the Japanese authorities in China pon Chinese firmis to compel the latter to ship goods in Japanese or German ships instead of British vessels.
Mr. R. A. Butler. Under-Secre-i tary for Foreign Affairs, replied
American Trust Opens List
London, Dec. 5 Announcment of the novel sale of shares, at 188.7 per cent. of Supervised Shares. Inc.. an American invest-
ment company specialising in common stocks: is well re- ceived here.
The offer is being made un- der the aegis of the National
BETTER EXPORT that the position was that as ban Group Fixed Trusts, which
TRADE
Annual Meeting Of Thornycroft's
"In the course of his speech at the annual meeting of John I. Thornycroft & Co. Ltd., the chairman. Sir John Thorny- croft, referred specifically to Improvement in export trade last year.
existed at Chefoo and other ports in Shangtung on the export to South China of certain articles the property of third power nationals.
which were
in
becomes effect
distributor for the American company.
FINANCE
THE
KAILAN MINING ADMINISTRATION
not
In one case which was brought to
In contrast to other British in- vestment trusts holding Ameri- can portfolios which are under British management, Supervis-
1055
to Shares, Inc. la managed wholly
the notice of the Foreign by an American Board. Secretary. shipment in a foreign
Chi-
| vessel was permitted although
the goods were apparently nese-owned.
RISKS SPREAD OUT
Well-informed circles arc of the opinion that the offer is un- REPRESENTATIONS MADE
kely to affect the normal busi- ness done by the London offices Representations. said Mr. But Wall Street brokers. as the ler. had been made to In the case of motor vehicles, anese authorities in
the Jap-oner is intended primarily to the turnover increased by 23 per the Government at
China
and appeal to small investors, who Tokyo Lent and Overseas business
both now have the facility to a-with regard to interference with out
spread counted for 27 per cent,
their" risks Among
which might the work in hand ure large orders crimination in favour of foreign
trade in British ships and dis-atherwise be impossible... for three different types of vehicles
vessels.
for the British War Office, 'Sales Mr. Butler also stated that ur of motor boats and engines in-
representations xent creased by more than 50 per cent.made with the view of making it had been of which over 68 per cent, was ex- possible, for British ships port business.
In the commercial harbour Tsingtao.
SEVEN. DIESEL SIZES
Sir John mentioned that at the Reading works seven sizes of Diesel-type marine engines zow in production, ranging from 9
were
to barth
of
An Important point is that` the permission of the Trea-
hay sury
been
obtained, which shows that the Govern- ment is not unwilling to allow transfer of funds from England to the United States. Furthermore, the offer complies Replying to the suggestion by with both British ard Sir Walter Smiles that the Jap-company laws.
American
anese army authorities and the The market, however, does not wharf administration at Tsing- expect
many similar offers.-
subordinate Japanese
to 145 b.h.p., and that they were tan no longer objected to British-Reuter spending...a considerable samships berthing at the wharfside." developing a new 500 b.h.p. low compression Diesel engine.
Among the naval work that the company has in hind
at its Seulhampton yard are three des-i troyers. an escort verse! and two
but that officials were making a large RAUB MINES OUTPUT profit from lighterage
which the Japanese
charges
naval mis- The Hongkong Stock Exchange ston at Tsingtao compelled Bri-has received the following cable
river gunboats for the British Ad-ish shipowners to pay. Mr. But from the Raub Australian Gold
matrally, and two destroyers for the Brazilian Government,
KWANGTUNG TREASURY REORGANISED ·
The financial functions of the Kwangtung Provincial Treasury are to be rearranged according to a new plan, states the Wah Kiu Yat Po."
er said:
JAPANESE ASSURANCE
"The Japanese naval ties at Tsingtao have
authori- unider-
Mining Co.:-
Report No. 510
Anc
2,167 1.946
tons ns. QZS. Battery treatment "4.158 1,329 1,264 taken. I conditions permit, to Retreatment 7,173 838 arrange the matter
682 satisfactori - ly, as soon
possible. The British Government expects that this assurance will be implement- ed at an early date. I under- stand that following complaints of excessive lighterage charges,
Instead of the Department of the Japanese authorities have in- Finance directly taking "charge of vestigated the affairs of the
revenue offices in the various dis-lighterage company and Nome tricts, the whole province will be reorganisation has been effected." divided, as from January 1, into-Reuter.
several zones, in each of which a
Bureau will be established with the
Dower of disbursement to the dis- BOGUS NOTES
trict treasuries under ita jurisdic-
tlon. The budget for each zone
shall not go beyond a certain limit. It is hoped-in this way that communication Inconveniences
may be reduced to n minimum. especially in connection with the financing, of guerilla activities.
IMPROVEMENT OF FOREIGN TRADE Chungking, Dec. 1. It is learned from Chengtu that the following proposals have been submitted to the Executive Yuan by the Provincial Government of
SEIZED IN
PAN-AMERICAN'S FOURTH YEAR
Pan-Americar. Airways entered the fourth year of trans-Pacific air service with the last trip of the China Clipper from Alameda to Hongkong. The flying boat ar- rived here on Saturday and de- parted on Sunday.
The late Captain Edwin C. Mu- sick made the first flight on this..
Pan-American's flying boats.
SHANGHAI Clipper. It is the best known of
Chungking, Dec. 6
Six hundred and seventy- three counterfeit $I notes of the Central Bank of China were seized by Chinese Maritime Customs affeers in Shanghai from a Chinese passenger ar- riving from Tientsin E the sis. Chaksang on Sunday, states a Shanghai dispatch.
Chinese surnamed L in Tientsin to be forwarded to a certain doctor in the French Concession for circula- tion.
According to information reach- ing here, counterfeit Chinese legal tender notes, chiefly of the Bank of China and Central Bank, have The passenger, named Kung been manufactured and circulated Szechuen with regard to the im- Kwel, was taken to the French in large quantities in Japanese- "piovement of foreign trade.
police station and, after exhaustive occupled areas to undermine the questioning, disclosed that the Chinesë financiar structure. terials for production be import-notes were entrusted to him by a Central News.
1. Only implements and
ma-
ed. while the import of lux- uries and purely consumptive' arti- cles be prohibited:
(2) Those exports that cannot be sent abroad by the dealers themselves, may be handled by the government at a reasonable. price. Such goods can be turned over to the
government at Chengtu, Wanhsien-Our
Chungking, and
fwn Correspondent.
AIR TRANSPORT-
MERGER BILL
London, Dec. 6.
NEW
MOTOR SHIP LAUNCHED FROM TAIKOO DOCKYARD
Built to the order of the Straits Steamship Co., Ltd., Singapore, the single-screw motor vessel, Pahang, was launched from the Talkoo Dockyard on Monday, the naming ceremony being carried out by Mrs. A. R, H. Phillips.
be carried
in
The dimensions of the vessel nre, passengers will 210 ft. by 36 ft. 6 ins. by 13 ft 44 'tween deck, ins., and she has two complete The vessel has been designed for decks and forecastle, a double service in the East Indian Archi- It is expected that the necessary two large cargo holds with large Corporation and meets all the ar- bottom for the carriage of oil fuel, pelago, is classed under British Bill for the establishment of a hatches served by four electric rangements of the Board of Trade. single corporation for conducting cranes and one special derrick for oversea air transport will be intro-heavy, Hifts operated by electric is fitted aft, consists of one vertical The propelling machinery, which duced into Parliament shortly
winch. The windlass, steering gear single-acting four-stroke after the Christmas, recess.---Br!-
cycle. tish Wireless.
and warping winch are all electri-airless injection marine Diesel cally, driven.
engine, by Messrs. Humboldt- First class passenger accommo-Deutzmotera, Koln, giving a nor-, dation is provided in cabins amid-mal output of 750 B.H.P. at 250 ships with saloon and lounge ad- R.P.M. Joining Second class passengers Two 50 KW. Diesel. driven are housed at after end of shelter rent at an EMF of 220 volts for generators will supply direct eur- total of $500,000,000 to China by deck. Captain and officers are October, according to Chinese berthed amidships and crew and driven auxiliary machinery. deck a complete installation of electric banking circles in Shanghai.-In-petty officers in forecastle and cranes, and steering gear, together ternational.
shelter 'tween deck Unberthed with the ship's lighting.
HUGE OVERSEAS REMITTANCES
Swatow, Dec.. &.
Overseas Chinese remitted
A
HOUSEHOLD COAL
Prices per metric ton delivered, as follows:--
Peak District ...
...
.$81.
Bowen Road and Lower Levels
.$29.
Kowloon
Repulse Bay
...$28
Pokfulum
...$32.
Shek-0 and Stanley...
15
$81.
...$32.
Clients are hereby informed that deliveries of Household Coal can only be made if cheque or cash for the supply is sent with the order..
A$
DODWELL & CO., LTD,, Agents.
soon as you strear Zam-Buk on crippling leg sores, abscesses or ulcers, quick, antiseptic healing starts. This is because the valuable herbal olisin Zam-Buk are readily absorbed into the tissues and get to the root of the trouble. Zam-Buk soothes pain, reduces inflammation and dries up unpleasant discharges. When it has thoroughly cleansed the diseased places Zam-Buk heals without . a scar. Doctors and nurses everywhere use and
recommend Zam-buk
Be Free
From
Crippling
LEG SORES
ZAM-BUK Heals Without A Scar.
m Buk
ZAM-BUK
Herbal OINTMENT
Mr Howard Harding
The Hilous.
Maldon
18.
WEDNESDAY, DECEMBER 7, 1938.-PAGE 17
LAMMERTS' AUCTIONS
PUBLIC AUCTION.
"NIKS"
MARGI
A Guaranteed Cure For Hong Kong Foot,
SERVICE
ΤΟ READERS
THE HONG KONG DAILY PRESS, LTD., and the HONG KONG WEEKLY PRESS, through: their London Office, at 53,
FLEET STREET, E. 0. 4, Tel-
THE
HE Undersigned have received
instructions
to sell by
PUBLIC AUCTION
on
THURSDAY, the 8th DECEMBER, 1938.
Commencing at 230 p.m.
At their Sales Room, No: 35
Hankow Road, Kowloon.
A FINE COLLECTION OF OLD CURIOS
Comprising:
Old Porcelain and Pottery, Vases, Jars. Incense Burners, Figures, Howls, Caps, Plates, etc., etc.
Bronze, Ivory. Jade. Amber,
3137, are prepared to give Crystal and Soap Stone Ornaments, Subscribers
and Visitors
advice regarding accommoda- tion available, motoring faci- lities, Buitable shopping centres, etc.
If, when at home, they will pall or telephone to the above address, they will receive the utmost assistance and the latest available information on all subjects of enquiry will be placed at their disposal.
Engraving is the hall mark
Mr. J. Cartwright:
Allerton Road
Bowes Parker 4.
In these we Specialise Samples available
at
Mr. Geoffrey A. Matthen
76. Mayfair.
Londen, Mr.
Telephone
Grosvenor
of
VISITING CARDS.
If you wish to create a good
good impression
of
use our cards
high.. Quality.
Mr Eric B. Green.
00. North Road.
South Shields
The EASTERN ELECTRICAL COMPANY,
GERRARD 2174,
etc., etc.
-Chinese Hand Paintings, " Ex- broidery, Lacquered Ware, Table Screens, and Fine Blackwood Ware.
On VIEW from WEDNESDAY, the 7th DECEMBER, 1938.
Terms: Cash on Delivery.
LAMMERT BROS..
AUCTIONEERS.
PUBLIC AUCTION.
HE Undersigned have received
instructions
TH
TO SELL BY
PUBLIC AUCTION
ON.
FRIDAY, the 9th DECEMBER, 1938
Commencing at 2.30 p.m.
..
At their Bales Room, No. 2, Connaught Road, Central, Ground Floor.
A "QUANTITY OF VALUABLE. HOUSEHOLD FURNITURE
Comprising:
Hatstands, Bedstead, Wardrobes, Chests of Drawers, Dressing Tables, Washstand, Sideboards. Dining Tables, Armchairs, Chairs, Chester- field Suites, Ice Chests, Desks, Typewriter Tables, Filing Cabinets, Glass Cabinets," Bookcases, Carpets, Carpet Runners, Rugs, Ornaments, Cutlery, Bilver, E. P., Brass, Bronze, Pewter, Enamel, Glass and Purce- lain Ware. Pictures, Hand Sewing
Machine, Gramophones and Re- cords, Electrical Goods, Type- writers, Curios, etc., etc.
FRIC GRAY.
PHONE CENTRAL 1985.
CAMERA STUDIA.
“PERȚ STAKET. W.).
A SELECTION OF FINE BLACK- WOOD FURNITURE
Comprising:--
Blackwood Joss Table, Carved Round Table and Chairs, Arm- chairs, Desk, Teapoys, Optum Stools, Stands, Curio Cabinets, Standard Lamp Piano Stool, Screens, etc., etc.
and
One Teakwood Dining Suite
One "G. E." Refrigerator
Two Radio Bets,
Mr. Dennis 6. Spalding.
THE HONGKONG DAILY PRESS
Marina House, 3rd Floor,
15-19,
Queen's Road Central.
On VIEW from 8th DECEMBER.
1938,
Terms: Cash on Delivery.
LAMMERT BROS.
AUCTIONTERA.
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