1939-01-05 — Page 11

HONGKONG DAILY PRESS

Finance and Commerce

CHINA'S NOVEMBER

FOREIGN TRADE

According to the monthly returns issued by Maritime Customs covering foreign trade of this

•

country,

RECONSTRUCTION IN NORTHWEST MAKES PROGRESS

"CHUNGKING, Jan. (Cen. tho Chinese tral)-Satisfaction at the work in nette felds of education. public Imports during November 1938 totalled $74.399,688; mat exports health and economic reconstruc

$67,010,926. January-November figures were #814,121,693 and tion in the Northwest, financed $703,020,451 respectively, as compared with the correspondine with Sino-British Boxer indem- figures last year

5900,776,786 and $783.028.661.

of

Net Imports

Aucluding Band Withḥyment)

Piece printed

Cotton raw, yarn..

Cottor Manu.. Sundry

Fishery products Canned goods

Cereals and flour.

Fruits, seeds.. Medicinal goods Sugar... Wines, beer Tobacco

366,381

nity funds remitted by the Br:- tish Government, was expressed yesterday by Mr. Han L-wu, Se- cretary-General of the Board of Trustees, upon his return from an inspection tour.

A

1938

Mr. Han said that Science C:S.$

Institute has been established in 10.772.7.16

8.898.652 Larchow, Kapsu. Its function is 1,193,742 to help the development of pro

517,835 ductive and co-operative enter- -13,711,380 prises. and to promote acienti.

2,702,448 and health education in the 13.370,737 Northwest.

17,672,352 Το promote health work.

82.938.959. 40,783,807 .4,051,287 19.754.199 5,827,347

MRS. ROOSEVELT

ON INSURANCE

CO. BOARD

FINANCE

H. K. STOCK

EXCHANGE

Jan.

moderate turnover was

put

through during the morning with Buyers displaying an inclination to increase their bids

Buyers

Canton Insurance, $210. Union Insurance, $478.. HK. Fire Insurance, 5178.. HK & K. Wharves, 33154. Douglases, $83).

HK Docks (Old), $18. H. & S. Hotels," $6.85. H.K, Lands. $36.85. H.K. Realties: $5.25. HK. Tramways, $17.60, Peak Trams (Old), $74. Peak Trams (New), $34. Star Ferries, $72.

China Lights (eum rts.); $9.40, China Lights' (Rts.), $3Į. HK. Electrics, "$57. Macao Electrics, $17. Sandakan Lights, $10.

Cements, $16.40,

HK. Ropes, $31.

HUGE SUM FOR TRANSPORTATION! IMPROVEMENTS

CHUNGKING. Jan. 3 (Cen- tral)-In addition to foreign credits and appropriations by local governmenta for con- structing more and better roads In China's interlor. $76,000,000 has been earmarked by the National Government for the improvement of trans- portation facilities:

At a conference recently held in Chungking, a resolution was passed that $52,000,000 be used to purchase new buses, trucks, and tractors and to recondition old vehicles. $13,000,000 to repair and reinforce 9,000 kilometres of motor roads. $5,000,000 to open up inland rivers. streams and canals for navigation. į and $8,000,000 to build a new fleet of junks, ferries, tug boats and shallow-draught steamers.

Particular attention will be paid to improving communications be- tween the interior, and various war fronts, and between interior cities and the international routes. For areas where there are no water routes and where motor HK. Govt. 4 per cent Loan, 6 roads have not been bullt, the

per cent pm.

conference decided to build a great R.K. Govt. 31 per cent Loan, par. number of "animal-drawn carts.

"Sellers

Hongkong, Bank, $1490,

Union. Insurance, $490.

China Underwriters, 70 cts. HK, & K. Wharves, $1171. HK. Docks (014), $19.

HK. Docks (New), $171. Raubs, $9.35.

H.K, Lands, $37.

November

1938. C.5.$

January-November

Cotton P. G. grey ........

492.748

Piece white or dyed

240,608

20.541'

Piece miscellaneous

35,001

1,591,067

1937 C.8.5 7.153.565 5,757,908 520,241 1,033,300 20,227,356

202.628

Flax, ramle. hemp

1.210,054

Wool and manu..

Silk

2:745.414

2,171,223 10,577.171 2,032,491 33,955,431 13.319.417

Metals and ares

4.278.000

127,504.982

Machinery and tools

8,082,233

Vehicles and vessels

Metal manu.........

2,592,301 2,673,304 39,304,848 1.413.509 12,688,894 1,117,290 7,868.135 6,648,425 $2.257,073 1.132,476 5.422,583 635,033 "6,701.063 2.390.338 21.593,752

405,189

62,382.278 40.21.1.317

1.783.044

1,164,323 19,522,427

14,760,182

being are

formed stations 80,920,531

of 49,710,913 various parts

Kansu and collaboration 31,438,785 Chinghai in

with 27,046,573 the Northwest" Epidemic Preven-

8,531,001 tton Bureau under the

National 8.958,675 Health Administration. 126,298,318

a In Sining. Chinghal, middle 11.620.484

6.188.381 school has been established and 18,047,719 another one will soon be opened

2,514,984 in Suchow, Kansu.

La

Dairy Farms, $24.

Entertainments, $7.

Vibro Piling, 301.

19,129,869

Pharmaveuticals

3,701,012

58.119,529

54:021.148

Dyes. varnishes

2,576 943

36,327,685

48,718,341

Candles, resins, etc..

7,839,700

108,012,815

Books, maps, paper

.4,843,035

€2,900,523

Hides, leather, etc..

Timber...

3,626,031

4,250,631 22.728.030

Bamboo, straw, etc..

885,801

6,700.130

Coal, fuel, tar

5,180,651,

5.590.832

Chinaware, etc..

435.494 5,355,661 522.276 3,266,475 *3,700,261 85,966,483.

18,007.720 3,330,763 3,148,578 99.233.281

74.300,688 900,776,788

814,121,693

Net Exports

11.2:4.100 673,881-

108.362 863

Fish products

371.460

Beans and peas

592,653

Cereals

785,404

Dyestuffs, vegetables

Fruits, preserves

22,181 1.260,782

Medicinals

Oils, tallow, wax

Seeds

Spirituous beverages

15,940

Tea

4,216.343

28,253,213 1,304.408., 8.580,030

Vegetables

Vegetable products.

626.878 044,291-

10,364,530

7,961,605

Bamboo

81,890

2,744,660

Fuel

1,829.209

Rattan

1,249

Stowe, carth Sundry

Grand Total

Animal products.

Hides, leather

Sugar

Tobacco

Timber

Paper

Textile fibres

Yarn, thread

Plece goods...

Other textiles

The Boston insurance

Arm

of Roosevelt and Sargent has unnounced that, at Д meet- Ing of the board Mrs. Elen. nor Roosevelt. wife of the President. will be clected director.

As a member of the board. Mrs. and pro- Roosevelt will replace

18:352.961 tect the interests of

er eldest.

114.546.932 52,773,852

2,541,623 2,502,257 sun, James, whose election as 6,203,728 2,312.857 vice president of Samuel Goldwyn 15,037,340 3.108.830 Productions Inc., in Bollywood.

1.038,514 938,113

has made necessary for him 10,406,680 9.881.055

to spend a majority or his time 721,235 10,967,251 10,693,684 2,928,596 191,331,532 50,886,190 In California.

871.129 34,700.893 78,699 1,370,402

683

17,503.072 .John Sargent, a partner in the 1,115,628 rm, said that future quarterly 87,025 board meetings would probably 30.354,276 be held in New York Instead of

8,341,149

Baston' to sult Mrsi Roosevelt's 9,496,550

He said she 5,487,817 convenience.

has 1,849,164 not purchased any stock in the 14.951,526 rm.

7,198,130

14.258.998 150.847

103,054 In Chicago, James Roosevelt 160,700

3,276,573 2.789,717 said his mother consented to sit 838,085 6,497,241

on the Board at his request.

•14.000,895 122,160,216 154,056,534

7,320,270 43,668,943 57.437.852 I owe it to my clients to have 2.583.270 21.244.867 22.208.830 a representative on the board." 1,919,508 11,972,821 13,444,050 he said. "Mother wil sell no in- 5,403,580 $1,396,456

102,747,947surance and will receive no 562,806 4,351.542 5,198,378 salary £75,039 388,602

883,678 7.172,513 7,088,286 2,319,974 24.657.152

Ores, metals ........

Stone, earth, etc.,

Glass, glassware

Chemicals

1,081,048

Printed matter

452,673

Sundry

4.310.097

Grand Total.

67,010,926 783.026.661 703,020,251

his James revealed that

con-

3,017.859 tract with Goldwyn stipulated

33.727.910 that he "give his entire attention

to his movie executive job.

IMPORTS FROM AND EXPORTS TO FOREIGN COUNTRIES, VALUE OF GOLD AND SILVER BY COUNTRIES

Hongkong

Total Imports

INCOME TAX REVENUE

.CHUNGKING, Jan. 4 (Central

China's revenue from income tax

HK. Tramways. $17.80 Ching Lights (cum rt), $9 70. H.K.. Electrics, $584 Telephones (Old), $24. Entertainments, $71. Constructions. $12.

Sales

Hongkong Bank, $1475/90, HK, & K. Wharves, $116. HK. Docks, (New), $17.80/ Providents (Old), $6.40. H & S. Hotels. $6.90. HK. Lands, $36.85/37. HK. Tramways, $17.60. China Lights (cum rts.), $9.50. China Lights (Rts.), $3.00/3.50. HK. Electrics, $58/584. Telephones (Old), $234. Cemnts, 316 60. Watsons, $8.05.

(Prices below in Phil. Currency)

"Antamoks, .52

Atoks, .26

Bagulo Gold, .24.

Benguet Consolidated, 14.10. Coco Grove, 56 Demonstrations, 28

1. X. L., .64

San Mauricio, 1.82 Suyoc, 194

United Paracale. .69

NEW ORDNANCE FACTORY

LONDON,

Jan. 4

(BWS)--A

new Government ordnance factory

is to be established on the Clyde-

The aide.

War Office has ac- quired, the site formerly occupied

for the 25th Ascal year (begin- by the famous shipbuilding yard ning October 1, 1938 when the of William Beardmore at Dal- When in full operation, it tax was first levied. and

ending muli.

June 30, 1937) amounted to $8,481, is anticipated that the new fac-

271 Chinese currency) which tory will give employment to 372r exceeded the estimate by approxi- about 2,000.

mately $1,500,000, according to

Gold

Silver

Nov. 1938

Jan.-Nov.

1937

Imported From

G.U.

G.J

British India

1937

O.U. 231,108

Nov.

1938

Jan.-Nov.

1937

1938

$

S

$

J:

Great Britain

900

1

372

22.952 6.561.638

Japan

251,244 8,793,027

502,000 $2,880

504,880

Exported To

24,555,331

36,335

6,771,168, 107 4,802,277 4115.725 79,530 334,743,412 72,162,6438 1.330,108

27,375,00 $115,725 115,8651:334,744,015 80.291,960

251.952 0,541,633

a spokesman of the Ministry of Finance.

92,580

Great Britain, Japan

Hongkong

Other Countries

Total Exports

Hongkong

"Bank-notes, face value Chinese $18,530.000, ond Yen 4,350.000 were Imported during the month.

#Not including nickel and copper subsidiary coins, value $2,307,151 and Bank-notes, face value Chinese $602,020,264, Hongkong $131,000,

Yen 14,431,400, Plastres 18,546, English £54.204 and U.S. $156.665.

1

RESERVE OF ELECTRICAL

EQUIPMENT

The revenue from the tax for Provision of a national reserve the 26th. 1iscal year (beginningu switchgear transformers and

under July 1. 1937 and ending June 30, other electrical equipment 1938 amounted to $19,116,370, the administration of the Central according to reports no far re-Electricity Board 25 a special celved by the Ministry:

EGYPT FAVOURS SUEZ CUT

A.R.P. measure has been decided upon as the result of discussions between the Ministry of Tran- sport and representatives of public utility undertakings. This re- serve will be readily available for ¡Not including bank-notes, face value Chinese $201,977, Hongkong | CAIRO, Jan. 4 (T/Ocean)-The replacement of machinery damag- $186,000 and Yen 10,000.

proposal to reduce the Suez Canaled by enemy action in time of the ap- war The cost of the provision. Not including nickel and copper subsidiary coins, value $440,000 dues would meet with

proval of Egypt, it was intimated estimated at £3,000,000, will be and bank-notes, face value Chinese $148,818.637 Plastres 194.536. Binga here to day in authoritative cir-mes as to one half by the Govern- pore $30,138. Guildera 35,333, Hongkong $7,585,074, Yen 3,080,000, cles, the general attitude "being ment," and the other half Wil Philippine Pesos 8,545, English £918, Canadian $4,767, Indian Rupees that all countries would benent be burrowed by the Central Elec- 31:150, U.8.$34,804, French francs 123,766, Siamese Bahts, 1.029 Austra- from the concession Han £5,473 South African £608, Macao Patacas 403 and Belgian

Franca 1,050,

IMPORTS FROM AND EXFORTS TO FOREIGN COUNTRIES

VALUE OF MERCHANDISE

tricity Board.

IMPORTS FROM AND EXPORTS TO FOREIGN COUNTRIES, VALUE OF GOLD AND SILVER

SERVICE TO READERS

THE

HONG KONG DAILY PRESS, LTD., and the HONG KONG WEEKLY PRESS, through their London Office, at 53, FLEET STREET, E. C.", Tel- 3137, are prepared to give Subscribers and Visitors advice regarding accommoda- tion available, motoring faci lities, suitable sbopping centres, etc.

If, when at home, they will call 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.

THURSDAY, JANUARY 5, 1939.-PAGE 11

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DIRECTORY & CHRONICLE

CHINA,

OF

JAPAN, MALAYA. HE

PHILIPPINES

NETHERLANDS

·

INDO CHINA,

INDIES

ETC.

First Edition 1862, revised annually

1939 Edition Now in Course of Preparation

IF YOU HAVE NOT SENT IN PARTICULARS OF TOUR

FIRM FOR THE 1939 EDITION WILL YOU PLEASE DO

SO AT YOUR EARLIEST CONVENIENCE?

Firm Name

Class of Business

Address

Telephone Number

Cable Address

Names of Staff

Agencies

held by

Your Firm,

NB.Firm name printed in BLACK Type $5.00

Agencies printed under Firm name $1 per agency.

November 1939

January-November

1977

-1938

November

1038

January-November.

1937-

1038...

Imports

G.U. Gross Imp. 31,680,751

G.U... 300,074,788

$

G.U. 358,474,0050

Imports

G.U.

$

Gold Coins

Less Re-exp.

Gold Bullion

G.U. 13/709 139,445

$

G.U. 1,451,500 5,341,561-

Silver Coins

420,378

042,191

Abroad

Net Imports 31,250,373 74,300,668 390,052,587 100,776,784 355,563,775 814,121,000

Gold Coins

A

2,921,191

Total Imports

204,880

257,44 504,880 6,703,027

-372

372.

Exports

Exports

Gold Bullion

27,377,611

Gross Exp

$7.163,238"

781,441,180

703,942,734

Silver Coins

Silver Bullion

615,725

"

Less Re-imp.

from Abroad

Net Exports Total Net Imp.

and Exp.

Excess of Imp..

141,410,614

7,388,762

152,012

€7,010,920

414,510

191,0311701

1,683,803,447

117.750,125

122,483

703,020.251

1,517,141,944

111,101,442

Total Imports

and Exports

Excess of Imports

Total Exports

116.7435

300,703,607

78,140,120 300

37,950,352

2,123,809 116,805* 37,877,811 334,744,019 016,725 80,203,089-

115,805 27,630,855 395,338,899 7,409,752 804,204,381

£,177,302

Exports

115,805 27,124,317 334,149,130

86,203,017- Not including nickel and copper subsidiary coins, and bank-notes.

HONG KONG DAILY PRESS, LTD.

MARINA HOUSE (Third Floor) 15-19, Queen's Road Central, Hong Kong.

A