1937-08-07 — Page 3

THE HONGKONG TELEGRAPH. SATURDAY, · AUGUST

1937.

PAN-AMERICAN AIRWAYS SHOWS HALF

DOLLARS PROFIT IN 1936

MILLION

Exports

Again Up

BEST MONTH

SINCE 1930 BOARD of Trade returns

any

for June record the highest exports for month since October 1930, and the highest for June since 1929.

Imports, owing to larger re- quirements of raw materials and higher prices, also again regis- tered a big increase. Here are the official figures:

June

Increase

1937

Σ

on 1936 £

Imports...... 88.110.677 20,517,280! Exports (Brit) 44,373,015 12,308,481 7,126,932 2.118,013 Re-exporta Total

mort

..

exports 51,199.967 14,027,394 | June this year had one working day than in 1930, but the daily average of exports was £1,980,700, aguinst 1,482,003 in June last year. ALL SECTIONS UP

Among British exports, manufac tures continued to show up well, and! the widespread nature of the imm-} provement is Indicated by the fact that nil the 20 sections into which these exports are divided registered an increase.

The principal Increases in British manufactured exports were:

Month's

Woollen Goods, 2.078,891 Miscellaneous

Textiles 1,878,728 Chemicals...... 2,307,385 Vehicles ....... 3.172.015

TROPHY BACK TO U, 8.---This W. W. radiophoto from London shows Walter Hagen, left, non-playing captain of the American golf professionals, receiving the Ryder Cup retained by beating the British golfers 3-4. Lörd Wardington presents it,

Religionists' Only Way To World Peace

viduals.

FIGHT THE HERESY OF NATIONAL SOVEREIGNTY

SHIRT

BARGAINS

STRIPED POPLIN TUNIC SHIRTS

COAT STYLE, 2 COLLARSI

TO MATCH EACH

ANNUAL REPORT REVEALS

ASTONISHING PROGRESS USUALLY $6.50

New York.

During a year in which large-scale improvements were effected in speeding up schedules over the main international trunk lines between North and South America, marked also by the introduc. tion of a large fleet of new multi-engined transport airliners and the establishment, on regular schedules, of through passenger ser- vica across the Pacific between the United States, Hawaii and the Philippines, the annual operations of the Pan American Airways Corporation for 1936 resulted in a net profit of $955,352.04, accord- ing to the 9th annual report of J. T. Trippe, president, distributed to stockholders May 10.

were also

The gross income, for Pan Ameri-velopment of a "cut-br" route that can Airways Corporation and sub-would operate from the mouth of the sidlaries for the year amounted to Amazon River directly across cen- irai Brazil to Ilo de Janeiro and $10,917,542.77, while operating other points over which a fnst and other income deduc- through express service could be expenses

tutalled SU,962,190.73, tions

The operated. Preparations carneil surplus at made for the extension of the Amn- of balance

River service from Munaos December 31, 1936, after dividends zon

island to Rio Branco, near the Peru- $1.00 per share,vian border and from, Rio de Janeiro པ་.-- aggregating

$511,407.05. During to amounted to

Bello

Horizonte, another im→ the year 1930 fight equipment and portant commercial entre in interior facilities costing $3,000,000 American-Grace Airways inaugur

Brazil, From the we

west coust Pan

experimental service from

Kround

were retired from service.

were acquired while other equipated an ment and facilities, costing $900,000, La Paz, Bolivin to Uyuni Bollyla. At the while that company also added a connecting Cordoba in Central Argentina, with Santiago,

on the cast,

end of the year the corporation had service

for the outstanding commitments purchase of new equipment amount-Chile on the west, and Buenos Aires ing to $3,500,000. Under the item of [operating expense was included

obsolescence for provision

a

and

Looking toward the early 03- tablishment of servive on the Atlan- He, toward which the Pon American

depreciation of flight equipment | Airways System has been working amounting to $800,000, in comparison since early 1930, construction was with the $500,000 allotted for this advanced on a new type of Sikorsky four-engined Clipper Ship suitable item the previous year. Deprecia for use on a U. S.-Bermuda service tion on the large flying-boats used in and for early experimental flying on Orders were placed the Transpoelle service was charged Atlantic routes. to the item of operating expense following inauguration of scheduled passenger service last October.

for a feet of 41-ion, 8,000 de-

During the year 1931 scheduled efficiency of the Pan American Air- ways System, as determined by the United States Post Office Depart- ment, exceeded for the eighth suc- cessive year, an actual rating of scheduled mileage completed of bet- ler than 90%. Actual figures

for

$3.00

WHITE POPLIN COLLAR ATTACHED SHIRTS (Slightly Soiled) USUALLY $6.50

ALL TO GO AT $1.50

oach

WHITEAWAY'S SALE BARGAINS

GABARDINE G DOZ. FANCY LISLE THREADI

SOCKS

12 ONLY

TROUSERS Cream 1150 pr.

12 ONLY

RAINCOATS

85CH

"FEATHERMAC" ART SILK SPORTS SHIRTS

11.50

Colours White,

-cach Navy, Green, Beige

35

.50

- each

BARGAINS

IN TIES

6 DOZEN "TWEEDY"

WASHABLE NON-CREASE

TIES 2 for $1.

6 DOZEN FANCY SILK OPEN END TIES MUST BE CLEARED

USUALLY 2.75, 2.95 - ALL TO CO AT $1.50

the year 1930 were 99.827%. Whiteaway-Laidlaw & Co., Ltd.

At the

with Boeing Aircraft Company at Seatt horsepower "super-Clippers" signed especially for Transatlantle service. Others were

likewise As of December 31, 1930 the route

placed during the year for a new Charlottesville, Va. minority is but a single conscientious

airways mileage of the System and Total Increase

Catholics. Protestants and Jews Individual."

associated companies totalled 40.800 Ype of 32-passenger land transport £

£ Jolned in asserting that world peace

this international net-equipped with pressure cabins for Admitting that abolition of war miles. Over when uations 183 Iron and Steel 4.377,453 1,610,887 will come only Machinery..... 4,171,125 1.109,355 longer consider themselves immune may take generations, or centuries, work, which links the United States operation in the substratosphere. Colton Goods... 5,858,084 1,419,750 to Divine law as it applies to indi-r even millenia, Kabbi Kohn added: with 30 foreign countries, the System "Nevertheless it must be put on had in service 246 terminal and in the agenda of our day, for to regard termediate airports and 138 private 820,550 Rabbi Eugene Kohn, president of it as impossible would be admit

radio control and com- ground the Rabbinical Assembly of America, defeat in all those human aspirations munication stations. 524,981 New York said at a vesper service of that spell for us the divine meaning

SERVICES IMPROVED 860,18% the Institute of Public Affairs Bal of life."

must "fight the heresy of religion

L. The Rev. Edward Stephens, 700,794 national sovereignty."

The addition of large multi-engined under the aircraft, In the iron and steel industries,

"The prevalent conception of na- D.D. of the Roman Catholle diocese

Richmond, sald of

nations musi transport India,

annual meeting of the Australia, New Zealand, tional sovereignty offends against)

System's current fleet re-equipment

of the Pan American Canada, Holland, China, and Argen-religious ethics not merely by setting ure "moral sense."

"States in their arrogance, concell programme, made possible establish- stockholders

of faster operating schedules Airways Corporation the eighteen tina were among the countries taking up the interests of the nation above,

the main international trunk members of the Corporation's pre- substantially more. Shipments of those of mankind, but also by trent and self complacency, and in their ment catton-piece goods were larger by log the individual as a mere pawn of absolute indifference and contempt over

and positive lines and at the same time provided sent Board of Directors were re- for both the natural in the international

It is expected that 23,160,000 square yards, and here the nation

and prestige," Divine law have set themselves up larger carrying capacity for passen-elected. Australia, Canada, Dutch East Indies, scramble for power

013 something absolute, something gers and express. During the year vacancy created by the resignation the United States, Cuba, Colombia, Raishi Koln said.

nport from the law, something of the and Argentina were better customers.

"Religion must arm and seek to corporate body to which the laws of operation of this new equipment some weeks ago of Grover Loening

will be alled in the near future.. possible establishment of uphold with all the power at its

God and nature have no binding day schedules between The motor industry continued to command the right of the conscien-power or sanction," he

"he said.

States, Ria Buenos Aires. Ser- contribute substantially to the increase tious objector and must combat with "They fail to realize that it nations fvice on the eastern trunk route, via in the vehicles group, the month's vigour the conception of a totalitari-

are peoples and peoples are indivi-the West Indies, was Increased on total of cars and parts being £252,-an state. It must stand for a constitu- duals and individuals are account-this latter route with a second week 460 higher at £1,328,400. Acroplanes, tional democracy that not only gives able before God for their acts that ly plane scheduled between Puerto showed a rise of £97,324 at £252014. effect to the considered judgment of the same responsibility and account-Hilco and Rio de Janeiro.

the majority, but also protects the ability attaches itself to the nation." An increase of £1,135,378 in the rights of minorities, even when the The Rev. M. Ashby Jones, Baptist While Improvements both in ser- stock increased from one million to shipments of coal was a good feature.

minister of Atlanta, Ga.. recited vice and in airways facilities were two million shares, such change Exports of the fuel to France amount months to the end of June Indicate the that the Inte Aristide Briand of advanced over practically all sec- having been made in order to pro- ed to £730,710, against £423,008, and

the itions of the inter-American routes,

vide me

more convenient units in which to Italy £152,673, compared with expansion in six months Increase France once said that before

could have milliary disarma- the first year-round scheduled ser- the stock of the company could be £4,080. Scandinavian countries also;

on 1930 ment

it must accept "moral disarma-vices between southern Alaska and purchased by small stockholders took larger quantities.

the northern sections of the Territory throughout the country-an interest Imports .... 483,122,080 80,802,607

"A moral disarmament means were Exoprts

we must enter the realm of the wee maintained throughout the en- which has been increasingly shown

tire year with satisfactory operating during the past several years. On the Import side the food, drink,

(Brit) 231.214.265 43,323,706, spirit.

and dare seek to change and traile results,

In China the and tobacco section showed an in-Re-exports.. 40,553,348 8.146.389 racial.

national and religious atti- constal service between Shanghai and The adoption of a by-law making CrCase of £4,245,500, while raw Total exporis 291,767,593 51.470.185 tudes." he said. "Here indeed is a Canton was increased to three times permanent the company's policy, materials were up £8,143,084, and British manufactured exports for task for religion. But it will require a wee

ja week with the route extended to

the stockholders authorized manufactures by £8,045,218.

the half-year were up by £33,117,986. more than a mere negative attitude. Hongkong to provide for connections temporally some years ago, provid- Grain and flour imports were up while food and drink imports were up expressed in a refusal to fight. It is with the Transpacific Clipper Ships. In an annual distribution, sub- £1,029,502, largely owing to higher, by £19,835,857, raw materials by to be a constructive task, changing

ject to the Board's arrangements were made prices.

£32.712,739, and manufactures by conditions which produce war, into for the extension The following figures for the six £28,029,108,

those which will produce peace.

from its Philippine terminal, Manila, mas bonuses.

6-MONTHS EXPANSION

1937.

2

AIRCONDITIONED THEATREN

£

ment.

that

OPENING TO-MORROW

“I'LL KNOCK YOU FOR A GOAL!”

See laugh-a-minute Jos at his best as

he crashes to triumph on the polo faid ... and a kick in the pants to boot!

JOE E.

BROWN

POLO JOF

བ༞ ° ༈ ༈ * " "-- -"

CAROL HUGHES · RICHARD - GALLAGHER JALSABA KANG • GOMODY {LETOTE • SEORGE E STONE

BOOKING AT THE THEATRE TEL. 2531.3 G 25 33 2.

While

the

and

The other

the

LIGHT, AIRY

COMFORTABLE

AND

items ог

principal business transacted were approval of a change in the par value of the company's capital stock from $10 to $5 per share, so that each issued share shall be changed into two.

shares, and the authorized capital

which

nuthorisation,

$3.90

Transpacific of additional compensation of Christ-$4.90

on to the China coast, to connect Approval of a new plan whereby with existing services at Hongkong. upwards of fifty effeints holding the entire Transpacific route was positions of responsibility in the Par equipped for the handling of passen-American Airways organisation will gers and successively greater volume be afforded opportunities of increas- of mall, passengers and express traf- Ing their interest in the organisation tle effected following the establish through the purchase of ment of first regular passenger ser-stock of the company. vice on October 21.

PREPARATIONS FOR FUTURE SERVICE

common

Other items of business included the unanimous approval of the an- nual report as submitted by J. T. During the year Pan American Trippe, president of the Pan Amerl- Airways likewise extended field-sur- cun Airways Corporation, and dis- veys looking toward development of ctissi

of activities, with interest

a new Transpucise route from Cali- being shown particularly toward the fornia to Australasia

$4.90

275-35

White kid sandal with light compressed leather sole and wooden heel.

Fine white canvas strap shoes

with leather soles and cuban

.heels.

2045-03

White kid summer walking shoes with durable leather soles.

SAME DESIGN IN SUEDE $6.90

5994-51

vla Hawail, operating record of the present American Sumon, and New Zealand. Transpacific service to the Orient. For the purpose of further speeding and further plans looking toward $2.90, $3.50 & $3.90 service to the United States, Brazil, other Important extensions In Uruguay and Argentina, planeering international field. The meeting

were advanced toward de- was well attended.

studies

OUR GUIDE TO THE

CINEMAS

the

Great fun to

2964-41

27831-60

"Rembrandt" (Kina's Theatre, to- "Hotel Haywire" (Alhambra $1, $1.20 & $1.4^ day)-Living portrait of the famous Theatre, to-day),-Uproarous comedy painter and his tragic life by the in which one player tries to be more

gooty than the other. remarkable Charles Laughton. Truly which leading contributors are Lee one of the greatest Alms given to Carrillo, Lynne Overman, Mary the public for years. Gertrude Carlisle, George Barbler and-several Lawrence, Eloa Lanchester, Edward others. Chapman and Director Alexander "My American Wifo" (Orlental Korda help to make it a memorable Theatre, to-day).-Witty story, witti- pleture.

ly told on the screen by Frances Lederer, Ann Sothern, Fred Stone, **The Great Gamblat" (Queen's | Billie Burke, Ernest Cossurt and Theatre, to-day) —Novel, exciting, Grant Mitchell. dramatic, with a cleverly-conceived twist to add surprise to the denou- ment. Outstanding performances by Akim Tamiroff, Marian Marsh; John Trent, Genevieve Tobin and Reginald Denny,

"Our Relations" (Majestic Theatre, to-day),—Full length feature of the inimitable Laurel and Hardy, One of their best and cleverest efforts with a laugh in every shot.

Brown leather sandal shoe with flexible leather sole. For boys and girls.

Children's white strap canvas sandal with refined rubber sole.

Rata

1.