1939-06-08 — Page 11

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HONGKONG DAILY PRESS

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Finance

PUBLIC AUCTION. FURTHER WEAKNESS

OF THE YEN

CHUNGKING, June 7 (Central) THE undersigned will sell by-The yer showed further weak- Public Auction on Monday, ness yesterday. One yen was ex- the 12th June. 1939... commencing changed for 913 cts. Chinese cur- at 18.30 am, at No. 5. Devon Road, Kowloon Tong.

V

A QUANTITY OF VALUABLE AND HIGH-CLASS HOUSE-,

HOLD FURNITURE"

ال

Comprising:-

reney only, registering a drop of one cènt as compared with the rate for the previous day.

PLEA FOR CHINESE

At

SILK

and

FINANCE & GENERAL

Commerce

FLUCTUATION

OF THE YEN

IN SHANGHAI

Japan's Financial Leaders Blamed

CZECH GOLD AND BANK'S CONTROL LONDON, June 7 (Reuter). Arising out of Sir John Simon's recent statement in the House" of Commons regarding Czech gold de- resited, with the Bank of England, in which reference was made to the legal position of the question, Mr. F.J. Ballenger (Lab) asked the Chancellor of the Exchequer yesterday whether he had any direct control of the Bank of Eng proposals to make for a more

SHANGHAI, June, 7 (Reuter) The yen this morning was bought at 92 National cents, compared with 94 a week ago.

Later, however, the buyers' rate land and for the removal of the advanced to 94 cents as the Na-Bank being allowed to remain in anomalous position of the Centrul tional dollar declined further in the hands of private financial in: terms of sterling.

terests.

and

Up and Down "The yen has been going up and down like the markings of a fever chart." declares "Finance Commerce," in a review of the local exchange market during the past week.

After recapitulating the imme- thediate causes of the yen's weakness pur in Shanghai and the consequent anxiety of Japanese officialdöm and also the suggested remedies.

Brass and Teakwood Bedsteads. Teakwood Dressing Tables, Ward-League conference in the Economic British Commonwealth robes with mirrors. Camphorwood

Reform Cupboard with double

Club, mirror.į

Grosvenor-place. Teakwood Book-cases. Tenkwood

Londen, on May 17, the chairman, Round Tables and Chairs, Teak- Mrs, Corbett Ashby, displayed to wood Sideboard, Teakwood 'Ches-

the delegates all women, the terfeld Couches and Armchairs, stockings she was wearing

They Teakwood Ice Chest and Cup- were made In New York of Chi- boards, Brackets and Lampshades, nese silk by Chinese labour. Parlour Lamps with Iron stands, The cost, she said, 23. a pair, Porcelain Flower Stands, Iront and she had bought 12 pairs Garden Tables and Chairs Rattan She gave all who wished Deck Chairs and Arm Chairs, &c. address where they might be chased, in the United States.

Mrs. Corbett Ashby" told a re- Presentative of the Press that a great many people here and in the United States were determined not to buy stockings made from Japanese silk, even though they

British Japan's silk exports were helping manufactured. her to carry on the war against

cc..

Blackwood

Curlo Cabinets. Square Tables and Armchairs, Writing Tables, Mahjong Table,

Stools and Nightchairs, &c. &c.,

Also

Large and Small Tientsin Carpets 1 Morrison Electric Piano Player

with music rolls

1 Perfection non-electric Vacuum

Cleaner

1 Crossley Cabinet Receiving Setj Palm and Ferns in pots.*.

On VIEW from SUNDAY, 11th JUNE, 1939.

CHINA AUCTION, ROOMS

French. Bank Building. Hong Kong. 7th June. 1939.

were

China:

Mr. Ernest W. Goodale, of the Hayon and Silk Assocation, safd later that 70 per cent. of the out- Put of slik is from Japan, which has cornered the market over a number of years,

HONGKONG MINES Nielson & Co, Inc., Managers for the Hongkong Mines Ltd., re port 4,995 short dry tons of ore treated for the month of May. from which 439,18 dry tons -of lead concentrates were produced. averaging 61.32 percent lead and 15.13 oz. Silver per ton

Use

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THE MILWAUKEE ROAD

.

Sir John Simon replied in the negative and declared that the Government had no intention of putting forward such proposala

CREDIT LOANS FOR HONAN FARMERS LOYANG, June 7 (Central)- The National Government has

con-

the paper goes on to assert that arranged with the Farmers the whole truth and nothing but Credit Bureau and the Farmers the truth" appears to be the conjunction with the Honan Provincial

Bank of a China! clusion reached by the Tokyo "Asahi Shimbun."

Government, to raise $500,000 for which states

financial leaders have no defnite that it seems after all that the credit loans to needy farmers. in

Ideas although they are urging th- adoption of fundamental measures to prevent the declining tendency of the yen note in the Shanghai region."

U.S. FINANCIAL MEASURE

WASHINGTON, June 7 (Reuter)

west Honan.

Flood conditions south of Loyang and the vicinity of Ewangchuan,

is stated, have been so serious that the farmers are unable to rehabilitate their farmsteads with- out assistance.

and for the purchase of newly- mined domestic silver at a premium

The Senate Banking Committee over the world market.

has approved the Bill extending The Bill has already been ap- for two years the administration's proved by the House of Representa- authority to devalue the dollar, tives and prompt Benate action is to maintain a stabilization fund'expected.

NEW GERMAN TAXTILE PLANS

Plaited Clothes Again

BERLIN, June 7 (Transocean)- The new textile programme greatly, limiting the use ot cotton will come into force on July 1, it was reported on Tuesday in economic circles.

After this date it will be forbid- den to use any cotton in the manu- facture of paper or book bindings, cloth for womens clothes, uphol- stery, drapes, curtains etc.

for

Hitler

Wants To Be In The Know

Herr Hitler has ordered the compilation of 2 giant "Domesday Book," which will rive not only full personal details of every man, woman. and child in his Greater Ger- many but will also list"overy farm, shop, factory. and business house as well,"

The ground-work will be lald by a nation-wide census on May 17. All Germans must reveal everything and jobs. The forms will be sorted, they are asked about their familles fibre, and rayon and in order to analysed and docketed by more Improve the quality of these pro

The programme provides an increased manufacture of staple

than three-quarters of a million

ducts, the manufacture of cheap unpaid workers. quality material will be disconting-

ed,

—AND, THE JEWS' ́ ́ The census will reveal for the

quarter-Jews,

one-

This step is necessitated, by throttling of the cotton imports, arst time exactly how many Jews, which is due principally to a com-half-Jews. plete elimination of the American eighth-Jews and market.

one-sixteenth- Jews atill live in Jew-baiting Considerable quantites of cotton Germany, ** will still be imported by Germany Farmers will have to list the It is explained for other purposes number of their employees the and, in the meantime, the -Reich amount of--land cultivated-and is making extensive experiments in every head of livestock.. the Balkans to develop the variety It is claimed this census will of cotton that will thrive there and help Nazi leaders to "plan" employ- thus to insure Germany sufficientment and to find more men to supply in those countries which are relieve the present labour shortage willing to exchange it for mantac- fendangering Goering's economic tured goods.

programme.

WEATHER REPORT

HONGKONG ROYAL

OBSERVATORY -

10 am. June 7. Barometer (at sea level), 29.79 Ins. Temperature, 82° F. Humidity, 88 per cent. Wind Direction, E/S Wind Force (Beaufort), 2. Temperature; maximum yesterday,

82 F.

Temperature; minimam last night, 772 F

Rainfall for 24 hrs. ending 10t

to-day: 0.02 ina.

Total rainfall since January 1st.

41.86 Ina,

Against an average of, 28:06 ns. Sunset to-night, 7.00 p.m. - Sunrise to-morrow, 5.38 a.m.

4 pm June 7. Barometer at sea level), 29.60 ins Temperature, 83 F Humidity, 80 per cent. Wind Direction, E/B. ( Wind Force (Beaufort), 3. Maximum temperature, 85 P. Minimum temperature 76 F Rainfallnl'

"COLONY HEALTH

RETURNS

Twenty-six cases of tuberculosis were notified to the Health De- partment on June 8. In addition to six cases each of enteric fever and measles, three cases of cholera, two cases of cerebro-spinal fever and one case of dysentery, VA

HONG KONG „TIDE TABLE From 8 June to 14-1839

HIGH WATER ---

LOW WATER

Bong Kong

Bong

Kong

Standard

Days of

Week.

Date

Standard

Height

Time

Time.

Thor 8

b. m. 0250

him.

06 01

24-

Fri,

∙1203.

10 o 03371424

124455

2018

Bat 10

0417

San11

Mon. 19

13.46, 5:01 91-86 04458 1027

[00:08 6291153 MALAM 5:16 81-42-23 05 -306 34:34 5 6 12 30

Wed 1406 106.2

18 16 31

Height

1837 12 1

This amazing new tire stops your car quicker," safer than

you ever

stopped before. Nee us for a demonstration..

The new

THURSDAY, JUNE

8. 1939. -PAGE 11

GOODRICH LIFESAVER TREAD

has never ending spiral bars that set like windshield wipers, sweep water right and left, force it out through deep grooves and make a dry track which rubber can grip.

Goodrich SAFETY Silvertown

Sole Importers for China and Hongkong: CARLOWITZ & CO.

Bank of China Bldg.

Tel. 31225

Local Distributors:

KA FOONG TIRE CO.

131, Hennessy Road.

Tel.f24140.

LAMMERTS' AUCTIONS

PUBLIC AUCTION,

HE Undersigned have received

instructions

to sell by

PUBLIC AUCTION

on

SATURDAY, the 10th JUNE, 1939

Commencing at 11 am.

At their Sales Room, No. 2, Connaught Road, Central.

For Account of the Concerned

3 Cases Woollen Piece Goods

10 Bales Woollen Piece Goods

1 Case Sample books

Terms: Cash on Delivery.

LAMMERT BROS.,

AUCTIONEERS.

People Who Matter'

PEOPLE WHO

MATTER, to

the advertiser are

the people who

靠可用耐油漆牒駝愍

can afford to buy

his goods. Most

of these people

buy and read the

PAINTE, ENAMELS.

VARNISHES & SPRAY LACQUERS

DURABLE & ECONOMICAL

MANUFACTURED OT

THE NATIONAL LACQUER & FAINT PRODUCTS CO. LTD.

KING'S ROAD, HONG KONG, "TELL 31601-2

公限有油漆煉製民國

The Wind

Mt. Howard Harding

Hongkong Daily Press.

Engraving is the hall mark

of

VISITING CARDS.

If you wish to create

good

impression use our cards

of high

Quality.

Mr. J. Cartwright.

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In these we Specialise

Samples available

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The EASTERN ELECTRICAL COMPANY.

GERRARD 2174,

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CAMÉRA STUOSES

Mr. Dennis & Spalding

R. Dant & En Sil

THE HONGKONG DAILY PRESS

Marina House, 3rd Floor, 15-19 Queen's Road Central

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