1940-02-27 — Page 6

PAGE 6-HONGKONG DAILY PRESS

NEW ADVERTISEMENTS ADVERTISEMENTS The Daily Press.

THE RAUB AUSTRALIAN GOLD MINING

CO., LTD. (Incorporat-1 in Queensland),"

Notice of Declaration of Fourth

Interim Dividend.

THE HONGKONG ELECTRIC

COMPANY, LIMITED.

NOTICE is hereby given that, the Fifty-first Ordinary Yearly Meeting will be held at the Com pany's Registered Omice, Floor, P. & O. Building on Thursday, 21st March, 1940, at

4th

a.m. for the purpose of pre- senting the Report of the Direc

NOTICE is hereby given that a Fourth Interim Dividend of six pence per share. for the financial year ending 31st March, 1940, has been declared by the Directors together with a Statement of Accounts to 31st December, 1939, tors of the Company in Brisbane.

electing Directors and Auditors payable on 15th March, 1940, to

and fixing their fees. Shareholders on the Registers at

"

報西剌孖

Editorial and Business Office: 15-19, Queen's Road Central, Tel. 30251.

Night Editor (Wanchal Office):

Tel. 24511.

London Office: 63, Fleet Street

E.C.A.

BONGEONG, FEBRUARY 27, 1940

EDITORIAL

ALLEGED FORGED BANKNOTES

Trader Committed

To Sessions

An Itinerant trader, named Chan Ching-hung, aged 22, was com- mited to the Criminal Bessions by Mr, H. G. Sheldon at the Central Court yesterday on chatges of uttering and possession of forged banknotes.

Detective-Inspector W. N. Darkin said that about & p.m. on February 2 the defendant went to the Tung

NYLON COMES Hing store, Ewo Street, and ten-

TO STAY

dered a $5 note for a packet of The accountant ex- cigarettes. amined the note and found. It was AST MONTH the du Pont a forgery. He returned it to the

a dollar note for payment,

The accountant, after having commercial

Brisbane and Singapore on 14th The Register of Members of company announced that defendant, who in turn tendered

March, 1940.

بنگریم

NOTICE is also hereby given that the Singapore Transfer Res gisters will be closed from Friday, 8th March, to Thursday, 14th March, 1948, both days inclusive, for the preparation of Dividend Warrants.

By Order of the "Board,"

DERRICK, & CO..

Chartered Accountants, Local Secretaries.

Hong Kong Bank Chambers, SINGAPORE, 17th Feb. 1940.

98

"the Company will be closed from 9th March, to 21st March, 1940, both days inclusive, during which period no transfer of shares can

be registered.

By order of the Board of Directors,

GIBB, LIVINGSTON, & CO., LTD." Agents.

Hong Kong, 22nd Feb., 1940.

91

HONG KONG & SHANGHAI BANKING CORPORATION,

THE HONGKONG ELECTRIC

COMPANY, LIMITED. 非 NOTICE is hereby given that the Ordinary Yearly Meeting of NOTICE is hereby given that the Shareholders in this Corpora an Extraordinary General Meetion will be held at the Head ing of the Company will be held in the P. & 0. Building, Victoria, in the Colony of Hong Kong, at 11.15 o'clock in the forenoon on Thursday, the 21st day of March, 1940, or as soon thereafter as the Ordinary Yearly Meeting of the Company shall have terminated, for the purpose of considering and if thought fit passing the fol lowing resolution as a special resolution~~

That the Capital of the Company be increased from its present Capital of $6, 900,000 Hong Kong currency divided into 600,000 shares of $10 each to $18,000,000 Hong Kong currency divided into 1,800,000 shares of $10 each and that such additional

in all shares shall rank respects pari passu with the original Capital of the Come pany.

And for the purpose of con it sidering and thought fit passing the following resolutions, namely

1. That the Directors be and they are hereby an thorised to capitalise the sum of $3,000,000 Hong Kong

Office of the Corporation, No. 1, Queen's Road Central, Hoag Kong, on Wednesday, the 28th February, 1940, at noon, for the purpose of receiving the Report of the Board of Directors together with a Statement of Ac counts for the year ending 31st December, 1939.

The Register of Shares of the orporation will be closed from Thursday the 15th February to Wednesday the 28th February, 1940, (both days, inclusive) dur ing which period no transfer of

hores can be registered..

By Order of the Board of Directors.

41

V. M. GRAYBURN,

Chief Manager. Hong Kong, 8th Feb, 1940.

China's Most

Important Weapons

CHUNGKING, Feb. 26: (Central) currency part of the un. ---The increase of - production

ut

ап

enforcement the economic blockade are the two most important weapons with which China is waging her economic war against Japan, declared Dr. Wong Wen-han, Minister of Economics, in a broadcast

speech on Saturday.

of

SHIPPING

TUESDAY, FEBRUARY 27, 1940.

MAN'S BIG GIFT TO CHINESE RELIEF

The Chartered Bank of India Australia & Ulimus.

$16.0005

HONGK

The above is a photograph of the cheque for $10.000..presented by Mr. Eric Moller, on behalf of himself and his sons, to Mme. Sun Yat-sen, Chairman of the Chins Defence League, to be used to carry on the work of the late Dr. Norman Bethune under the International Peace Hospitals scheme.

Nazi Hatred Spreads To

Red Indians

Special to H.K Dally Press NEW YORK, Feb. 26 (Havas)-

Hared of the Nazis has spread to

| CORRESPONDENCE|ANNUAL MEETING-

URBAN COUNCIL ELECTION

(To the Editor. The Hongkong Daily Press}

Sir. Dr. R. A. de Castro Basto, who

OF KOWLOON UNION CHURCH

Poor Attendance At Evening Worship

The annual meeting

of

the

production nylon, their new silk substi given change to the defendant, tute, had actually commenced went inside the shop and made at their plant at Seaford, some remarks, and during the con- Delaware. This announce-versation, another foki told hum ment coincided with a star that about two hours ago a person. tling rise in the price of raw had successfully tendered a forged silk which impelled manufac-4 $5 note.

On hearing, this, the accountant turers to shift to other mater-

as ran out of the shop and arrested ials. It looked almost though nylon had arrived on the defendant as he was boarding Red Indian tribes in Arizona: re-is seeking re-election on the Urban a tram. The defendant, who apports from Tucson stated that the Council, has the following degrees and the scene at the psychological

parently knew that he was being Indians have decided to give up diplomas, MD, BA, MLCS, LE Kowloon Union Church was held moment to capture the silk chased, threw the forged note market, ruin the Japanese silk producer and, perhaps, help China win the war.

ACTUALLY, this "plcture is very much exaggerated. Nylon has not yet arrived, and it may be several years before it is able to offer really serious competition with the natural product. Japan is at present reaping large returns from high-priced silk, her exports to the U.S. having increased in value though declining in volume (see "Silk Boom Fol- lows Crop Shortage," Eastern Survey, Apr. 12, 1939, p. 94). Even if the fantastic price level now current is not maintained, there is no im-

mediate

tory

one

con-

During his nine years of Public at the Church Hall last night. Mr. under the tram. This was picked. the swastika as their tribal in-and D.....

signia,

Service, formerly on the Sanitary A. W. Ingram. Chairman of the In the course of a solemn cere- Board and latterly on its successor, Church Committee, presided, and mony all, blankets and wickers, the Urban Council, Dr. Rasto has was assisted by Mr. L Starbuck, Since 1929 the bearing the swastika, were piled shown himself interested in many Hon. Secretary, and Mr. T. R. In- sumption

diseases and particularly in the various consumption of silk in the up and set on fire.

A proclamation signed by four U.S. has declined about 30% while that of rayon has in-tribal chlets, banned the use of the creased some 200%. Silk now swastika, which has been forms only about 10% of the sidered for centuries as a symbol "consumption of of friendship by our ancestors, has combined both fibers, as against 40% been profaned by another na- ten years ago. Rayon has largely displaced silk in the manufacture of woven goods, but as yet silk is still supreme Far in full-fashioned hosiery.

SILK HAS MAINTAINED

THIS THREAT. WILL NOT export MAKE itself felt with full depend force for some years to come, materi- in all probability. Although are commercial, as distinct from silk on

of laboratory, production is now under way, it is still experi- character. The mental in capacity of the du Font's Sea- ford plant is reported to be

tion."

RICE REPORT

DENIED

זי

Special to H.K. Daily Press SHANGHAI. Feb, 28 (Reuter)

ASHES OF LORD TWEEDSMUIR

LONDON, Feb. 28 (Reuter)—The

NAVAL GUARD OF HONOUR The casket containing the ashes was landed at Plymouth from a A Naval guard British warship.

rifies reversed, of honour, with was mounted at the landing place, The late Lord Tweedsmuir's two Boris awaited the arrival of the casket, also the Lord Mayor of Plymouth.

The urn was put on a train for London.

61

epidemics of cerebrospinal-meningitis, tram, Hon. Treasurer. There was dysentery, cholera, smallpox, and in a fairly large gathering present. including the Rev, K. Mackenzie malaria and tuberculosis.

He has from time to time criticised: Dow and representatives of the (1) The unsatisfactory methods of Hongkong Union Church.

Mr. Ingram said that one item refuse removal.

(2) The insanitary conditions of Kowloon.

which could be called a real ac- (3) The insufficient watering andhievement last year was the com- flushing of the streets.

*

(4) The prosent system of night-pletion of the Incorporation of the soil disposal (He was actually serving Church. on a special committee for the ro The speaker thanked the visit- organisation of the system when his ing clergy who had helped to can- term expired)

H. E. POLLOCK C. M. MANNERS

UNITED SERVICE ON GOOD FRIDAY

·

the

Mr. Starbuck, in his report, said that stepS had been taken to engage a permanent pastor and members should not feel pessimis- te

Commenting on attendance at worship, the Hon. Secretary re- corded a poor turn-out and re- marked that while the attendance (The Editor, The Hongkong

at Sunday morning service had Daily Press]

1 sizeable always been above Sir-Most of your readers will be minimum, empty pews were by no aware that for some years past the means few and the attendance at Christian Churches in Kowloon bave evening worship had been poor", " united in a Service of Christian Wit-

OFFICERS ELECTED mess on Good Friday, at 11.30a.m. We are planning to hold such a service this year, and so far the Anglican elected:- Churches, both English-speaking and

Hon. Secretary-H. Noble: Han ..the Chinese, the Salvation Are Treasurer-T. R. Ingram; Com Union Church, and the luve been approached and are sharing mittee in the service.

The

following officers'

wert.

of Management-AN. MacKenzie, J. D. Provan, A. W. I am writing to you in case there Ingram, L. Starbuck, F. H. Bowrey. are other Christian bodies in Kowloon the Rev. F. Short Mesdames A. who would like to have a share in this

FLYING DRAGON SHAMEEN, Feb, 20 (Int'l)-The Flying Dragon, a giant passenger aircraft which took off" from

airport. Tokyo this service, and whom I have not so far Morton, F. H Bowrey, J. McAulay, Hanada

written to. I should be grateful if D. D. Richard.. Niblock and H. E. morning for Bangkok, may man they would write to me, or telephone Scott, a landing in Canton after a stop-me, so that I can make sure that their | over at Talhouku, Formosa.

co-operation is not wasted.

Rev. H. D. ROSENTHALL

FINLAND FUND

PUPPET MAYOR STARTS BANK

(3) The deforestation of the hill.duct services in the absence of a pastor of the Church and expres- sides, etc, etc. its position in hoisery manu-

Dr. Basto has always strongly sed the bope that some definite facture because of its superior Local French authorities denied advocated all forms of Health Frosteps be taken to engage a per-

and reports of s prohibition of tice

paganda.

manent padre. appearance, elasticity

May we venture as his proposer and prospect of" the other qualities. But now this exports from Saigon. Fifty-five

FINANCES SOUND wholesale replacement of silk claim is disputed by the new thousand tons were allowed to seconder, to solicit the vote of the

The chairmaZ1 said that in the American hosiery synthetic fibers of which leave Indo-China since January 3Electors to the Urban Council, for Dr. trade.

nylon is the most prominent, while the issue of export licences Basto at the contested election which Church was in a sound financial is to be held in the Registrars' Office, position and showed a balance in at the Supreme Court, on Thursday FROM THE LONG-RUN although vinyon, a slightly are continuing

the 29th February, between the hours the bank.. point of view, however, the different product, is also be-

of 10am, and 6 p.m. :

Yours faithfully advent of nylon may prove to ing produced experimentally. be a major event in the his- Nylon is quite different from of Japanese. econr. crayon, being made not from development and of Pac. c cellulose but from coal, air ashes of the late Lord Tweedsmuir It is have arrived in London and will area trade as was that of and other materials. rayon some thirty years ago. said to be equal or even be buried in Scotland. For the loss of her American superior to silk for the manu- silk market would have disas- facture of fine hosiery. If trous consequences in Japan's these claims are substantiated agricultural economy

and by the test of consumer use 65 would necessitate drastic and if nylon can compete readjustments in her foreign with silk on a price basis, it trade and, indeed, throughout will undoubtedly constitute a her economic organization. very serious threat to the future of the Japanese silk SILK, in

sense, is

tradë. Japan's most important ex- since it is port product the only major which does not on imported raw als. Returns clear gain in terms foreign exchange. Silk is also the mainstay of existence for some two million farm fami-

A stop somewhere in South lies whose income from other crops is not sufficient to make 4,000,000 lbs. a year, or less China is necessary, as the French ends meet. In addition, the than 10% of American silk authorities in Hanoi refuse to let reeling and handling of silk consumption. Nylon hosiery the plane have an over-night stop at is expected to be on the mar- there owing to the bombing of Referring to the increase of pro furnish employment to

Kunming-Hanot Railway. duction, Dr. Wong stated that while

two thirds of next summer. At first, it is Negotiations are still proceeding. more arins and ammunition, food least half a million persons. ket in small quantities by the stuffs and clothing materials will be More than

The passenger plane is piloted produced for soldiers at the front, the Japan's silk output is normal thought, it will compete with exports of tea, silk, tung oil, bristles, ly exported, mostly to the silk largely in the field of by Captain Matsui, wool and minerals will be boosted in order to obtain foreign exchange.

In 1925 silk. exports high-priced hosiery retailing Dwelling on the economic blockade, amounted to 880 million, or at $1.15 and up." Later, as Dr. Wong enjoined his audience never 38% of Japan's total exports. production increases, it will to buy Japanese goods, which he'

SINCE THEN THE SILK doubtless invade the field of classified into three categorics, namely, those manufactured in Japan and her TRADE has been slowly de-lower-priced

manufactured by clining (see "Japanese Silk Woven goods as well-if. the activity by contact units on var- colonies, those Japanese factories outside of Japan

price permits. Very little lous points of the front between

MENINGITIS IN the Moselle and the Saar. and her possessions, and those forcibly and the American Market,”

CHENGKIANG taken away by Japan from China. Far Eastern Survey, Feb. 12, data is obtainable on the cost

He also urged the people in the rear 1936, p. 31). The heaviest of production of nylon.

effect- IN ANY CASE, under the to have the same

KUNMING, Feb 24 (Int/1 News 2. That If, on such dis. and at the front not to supply the blow came in 1929 with the

been an and Japanese with war materials

favourable circum- forcing the price down slowly Agency) There has tribution as aforesaid, any labour."

collapse of American pros- most person would be entitled to a On the other hand, be said, com- perity. The average price of stances it will take several until it finally reaches a point alarming nutbreak of meningitis fractional share the Directors modity prices in the rear will be silk in the U.S. dropped from years before nylon can be where even the Japanese can- in Chengklang, 20 miles south of

stabilised and production increased.

$4.93 per lb. in 1929 to $1.29 produced in large quantities. not afford to produce it. Even here and site of the National Sun Yat-sen University. Four persons shall, in lien' of issuing

in 1934. The value of Japan- Here the history of rayon may then it is not likely that rayon Fractional Certificates, cause

CHUNGKING, Feb. 26 (Inter-- ese exports fell to a third of offer a parallel. In 1911, the and nylon will displace silk connected with the university died the whole share to be allotted

its former level. The quan- U.S. produced 363,000 lbs. of altogether; a small quality four hours on Saturday.

The university has sent two re-national-Colonel Uchito, research for decline very much rayon yarn. Five years later market will doubtless remain. presentatives there to secure medi- director of the Bouth China Press. for Japanese production re- the output was 5,778.000 lbs. But if nylon repeats the per- cal assistance from the Central Department, who is a colleague of There is Colonel Badaki Kagesa in support- mained high despite the price Not until 1927 did the con-formance of rayon, the effect Anti-Epidemic Bureau. time as the Directors think OWN PROTECTION drop. But the share of silk sumption of rayon overtake on Japan five or ten years a shortage of foreign medicine in ing Wang Ching-wel, stated that

from now will be serious in Chengklang.

the coming Wang regime not only in the total value of Japan's that of silk.

cannot liquidate the China in- cident but is an obstacle to peace, LONDON, Feb, 20 (Reuter)-Mr. exports decreased from 36% IF, THEREFORE, nylon re- the extreme-unless Japan

INDIAN TEXTILE -

Attention towards, Wang har R. A. Bulter, replying to questions in 1929 to 13% in 1934. The peats the history of rayon the can effect such reorganiza-

STRIKE OFF®

diverted to other channels, and the in the House of Commons, said drastic dislocations and read- prospect is for a gradual but tions in her national economy that from the outbreak of war justments produced in Ja- inexorable invasion of Japan- and such diversification in

AHMEDABAD, Feb. 28 (Router) Japanese Government may also until Feb. 22. there had come to pan's economy by the collapse ese silk's last remaining her export trade, as to offer

A Rome report stated that Italy the knowledge of the British Gov- of the American silk market stronghold on hosiery trade: a substitute livelihood for The general strike fixed for today by alter its attitude, he said.. ernment 128 cases in which had much to do with the sub- We have seen that the de- those millions of her people the Textile Labour Association, has

new regime Just because of the armed British merchant ships and ashing vessels had been attacked port at de pal of her ex-creased demand for silk dur- who depend on the beached thiamentowing an agreement may not necessarily recognise the

port trade in other lines ing the depression affected American silk stocking to All by enemy aircraft.

COMPETITION from rayon price first, and quantity much their daily rice bowl, Miriam 20 vas made after failure tote for with telegram to Wang from the Fur-

allowance and would have involved a Berlin dispatch discounted Ger

man recognition. 100,000 workers Hong Kong, 22nd Feb., 1940. :) added that the vessels were being also playèd a part in the de- later and more slowly. Com- 8. Farley in Far Eastern the owners regarding a cost of living eign Minister, Count Ciano, while

cline of silk prices and con- petition trom nylon is likely Survey,

divided profits of the Comand pany standing to the credit of the Company's Reserve Fund and to allot to the Members holding shares of the Company as on the 1st day of July, 1940, in respect of the net amount capitalised fully paid shares of the Com pany of equivalent nominal value in the proportion of one share for every two

shares of the Company then held by such persons respec- tively and that such shares

sa allotted shall rank for dividends as from the 1st day of July, 1940.

to a person or persons to be MERCHANT SHIPS

named by the Directors and such share shall, at such

fit, be sold and the proceeds distributed amongst the per

sons entitled to the fractions making up such share......

By order of the Board of Directors,

GIBB, LIVINGSTON & CO., LTD.. Agents,

ARMED FOR

The Foreign Under-Becretary

92. armed for their own protection.

U.S.

hoslery

and

WESTERN FRONT Henter reports that a War com- unique issued in Paris yesterday states that there was increased

(To the Editor of the Hongkong Daily Press]

SHANGHAI, Feb, 28 (Int). Str,-The total donations to the above Fund have now reached Preparing for his exit as mayor of $10,975 and a further £200 was re-the Shanghai puppet municipal of "Chu mitted by telegraphic transfer on government in favour Saturday, making a total con- Min-1, a follower of Wang Ching- tribution from Hongkong of 2685 wel. Fu Shao-en has organised a Central Asia Bank with a capital Yours faithfully,

W. J. HANSEN," of $4,000,000. Consul for Finland.

The decision to call 'strike Feb.

man

The puppet mayor will be chair- of the board of directors, and the bank will deal in Hua Hsing notes, national dollar and military yer -

"Obstacle To Peace"

N