"HONGKONG DAILY PRESS
Finance and Commerce
SIAM'S RICE ̈. INDUSTRY IN "HEALTHY STATE
When the Bangkok Interna- tional Chamber of Commerce recently completed the 25th the year of its existence. chairman said it was satis. factory that as the prosperity large of the country to # degree pivoted on Food Tice crops and the disposal of the exportable surpluses to foreign buyers, the offtake last year was fully in keeping with the heavy surplus available.
Also, although the present season had not yet far advanced, the harvest was good and the crop figures excellent and with what could be considered to be a bumper yield, conditions within Slam were a good augury for the ensuing year.
دا
PAYNE & CO.
"
Reynolds & Gibson Rubber
Liverpool, April' 4.
PROTECTION OF TRADE ROUTES
Convoy System Ready To Operate
غلط
Liverpool. The market at first At the annual meeting of had a rising tendency owing to the Chamber of Shipping of the serious "international politcal the United Kingdom, Lord situation but was held in check Chatfield making
first by the readiness with which Plate
after-dinner specch as a Minis- shippers met any advance. De-
ter, said: "The pessimist In mand in the UK, and on the
peace is too apt to be the de- Continent has shown some slight
featist if we get into trouble. Improvement while further busi
"We live in a time when Un- ness to the Far East is reported. fortunately politics are dominat Besides good purchases of Aused by force, and, if we wish to have an effective and efficient foreign tralian. China has taken three cargoes of Pacific Hard
policy, it is essential that our fight- Winters during the week. Values declined later in the weak anding services be as strong as we know finished 1/8d, up to 1/2c, down on
balance.
some
them to be courageous.
Trading in October delivery The Government had from time commenced yesterday. The Arst to time, legislated for alterations business done was at 4/51d. which in its customs tariff, and they which was roughtly lid, over July. Britain may play a not unimpor
at that moment settling were down to a
order of things new brought about by recent revisions 4. As regards the export tarif, the removal of the specific method of collecting export duties on padi;
a week of America has had ideal conditions for crop growth in the Winter wheat areas. The following private estimates have so far come to hand:-
"An attempt to dominate Europe is less likely if there are forces
of success. make it less likely rising to oppose it which might
Therefore, the growing might of }
tant part in ensuring that force shall not threaten the Indepen- dence of any European State."
PROTECTING TRADE ROUTES
Outlining the steps taken rice and by-products had been Wheat) 550 million bushels, (Con- ensure. Britain's trade routes superseded by un ad valorem dition) 77.9 per cent., (Abandon-war-time Lord Chatfeld sald: principle and it was gratifying to ment) 14 per cent.
"We have organised a convoy note that an announcement wa5
Miss Miller (Production Winter system ready to operate at any made by the Government at the wheat) 524 million bushels. (Con- moment; time that the change would not ditfon: 70.6 per cent. be detrimental, but to the advantage of the export trade.
SINGAPORE
STOCK
QUOTATIONS
The following quotations of 12 leading Singapore stocks have
Edgar from Messrs. J. M Sassoon & Co
Mr. Bennett (Production Winter
to
in
"We have ready a very large Chicago prices have remained į number of guns to arm steady with only minor altera-stilps in war-time, and
FINANCE
H. K. STOCK EXCHANGE
A further large parcel of H.K. Banks were placed at $1355, Kow-
loan Whares came to business at
| $99,'. Lands at $33/331, Trums at
$15.00, and Ferries at the reduced
rate of $65. Enquiries filtering into the market are over a slightly broader area, but buyers and sel- at the present lers prices are rather too divergent to lead to any good volume of trading.
BUYER'S
Douglases, $75.
HK. Steamboats, $12. H.K. & K. Wharves, $99. H.& S. Hotels, $5. HK. Lands, $32.
H.K. Tramways, $15.85. HK Electrics. $531. Canton Ices, $1. Entertainments. $6.40. H.K. Gort. 4% 32% prem.
· SKLLKRS
Union Ins.. $460. Telephones (0); $22}.
SALES
H.K. Back, $1355. China Underwaters, $1.30 H.K. & K Wharves, $99. Providents, $4
HK: Kands, $32/324.
HK. Tramways, $15.00.
Star Ferries, $85.
Cements, $12.
PHILIPPINE GOLD MINING
QUOTATIONS
Centavos
Atoks
311
Atoks"
294
Baguio Gold
231
We
merchant have
Benguet Consol
11.10
Coco Grove
32
Demonstrations
12)
Itogons
23
North Camarines
45
San Mauricio
1,80
15
59
tions. Sellers have exhibited cau- stiffened hundreds to take them; tion in view of the possibility of "We have trained 9,000 officers serious developments between of the mercantile marine in the Germany and Poland. It is re- duties which will fall to them ported that the FS.C.C. will take in time of war and we have start- over mortgaged wheat which has ed to train seamen," not been redeemed by June 15
Referring to the dangers which and export it next season. It is
been received by Messrs. Ellis, and also rumoured that Washington is / would have to be met, Lord Chat- to renew loans on good quality field said we had already found the measure of submarines, but Winnipeg values at first tended not until a war came should we be able to tell if Our measures
*April 20, 1939
MIDDLE PRICE Rubber Shares
wheat.
bas
ון
to improve on news of a fair ex-against the danger from the air port business and on the disturb were adequate. "We have a sur- Amalgamated Malay Estates Ltd. ing political news. Subsequently, prise for those who think to in- $1.40: Kempas Ltd.. $1.62j: Kuala however, demand tell away and as let a vitsi blow to our arteries Sidim Rubber Co., Ltd., $1.95 x.d.; liberal Inspections were reported, in war," be added Pajam Ltd, $1.65; Sungei Bagan the market eased. A Bill Rubber Estates Ltd.. $1.30 and, beer. introduced into Parliament Tapah Rubber Estates Ltd., $1.471. aiming at reducing the initial pay-
ment made by the Wheat Board HONGKONG to producers to 60 cents per bushel, basis No. 1 Northern Manitoba, delivered Fort William or Vancouver.
Tin Shares
Petaling Tin Ltd., $6.40 and Suri- gel Luas Tin Dredging Ltd. $3.374
Industrials
Straits Trading Company Lid... $25.30; United Engineers Ltd. (Or dinary), $8.35 and Wearne Brothers Ltd., $13.20.
Gold Shares
Raub Australian Gold Co. Ltd., $4.40.
Mining
The above quotations Straits Dollars."
are
As regards the future outlook, we do not believe that we have by any means seen the end of crises in European politics and advise purchases on any periods of easi- ness.
1
Stocks of wheat in Liverpool. in This week 910 loads, last week 902
Inads.
SHAREBROKERS'
ASSOCIATION
Volume of Business TransactedTM
on Thursday, April 20, 1939.
500 50 500
Trams Union Ins. China Underwriters Raubs Lands Cements
Suyoc
United Paracale
PHILIPPINE GOLD MINING
||
QUUTATIONS
Thursday, April 20, 1939.
Centavos
Antamoks
314
Atoks
201
Benguet Consci.
11 10
32
123
Coco Grove
Demonstrations
Itogons
San Mauricio
Suyoc Consol
465-853-
1.80
United Paracales 59 North Camarines
Market Comment Quiet.
OTTAWA-The yield of Cana- $15.90 da's lobster fisheries « which are 453.00 credited with being the most in- 1.30 portant of its kind in the world, 8.55 amounted to approximately 31,- 32,02 | 600,000 pounds in 1938. This was 12.00 600,000 pounds more than in 1937
par and 3,200,000 pounds more
........
1,000
65 100
Govt. 33 Loan Providents (O)
$1,000
500
*4.05 in 1938.
than
FRIDAY, APRIL 21, 1939. —PAGE 11
THE Right LABEL
99
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WINE DEPT.
TEL. 20615.
Make The Most of Your
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FROM ALL CHEMISTS AND STORES. EDWARDS HARLINE LTD, 20/24 Lamb's Conduit St., London, England
LAMMERTS' AUCTIONS
PUBLIC AUCTION.
Undersigned have received
instructiona
to sell by
PUBLIC AUCTION
FRIDAY, the 21st APRIL. 1939
Commencing at 2.30 pm.
At their Sales Room, No. 2 Connaught Road, Central,
Ground Floor,
1.
||
A QUANTITY OF VALUABLE HOUSKHOLD FURNITURE,
Comprising:-
Iron Bedsteads, Divans, Ward- robes,
Chests Dressing Tables, of Drawers, Sideboards, Dining Tables, Canvas Folding Chairs, Chesterfield Suites. Hatstands, Desks, Typewriter Tables, Book- cases, Filing and Glass Cabinetz, Fenders and Fire Brasses, Oma- ments, Pictures, Oil Paintinga, Car- pets, Rugs, Runners, Mosquito Nets; Wardrobe and Cabin Trunks Cabinet Gramophone and Recortis. Flectric Ceiling and Table Fans, E. P. Brass, Lacquer, Glass'; and Porcelain Ware. Cameras, Bino“, culars. Tea Sets, Cooking Utensils, etc., etc.
also
A SELECTION OF BLACKWOOD
- FURNITURE
Comprising:-
Joss, Table, Teapots, Desks, Chairs, Tables, Standard Lamps, Lying Chairs. Fire Screens Plano and Oplum Stoals, etc., etc.
and
1 "R. C. A. Victor" Radio Bet
1 All Wave *Howard" Radio
Gramophone
"1 "Remington" Typewriter
1 Surf Board
2 Canvas Canoes
1 Teakwood Bed Room Suite
1 Teakwood Dining Room Suite
6 Volumes "International Excy-
clopaedia of Surgery.
On VIEW from THURSDAY, the 20th APRIL, 1939,
LAMMERT BROS.
AUCTIONEERS.
Now
On
Sale
1939
EDIT.ON
DIRECTORY &
CHRONICLE
OF CHINA, JAPAN, MALAYA, PHILIPPINES, INDOCHINA, NETHERLANDS INDIES, ETC.
PUBLISHED SINCE 1862,
REVISED ANNUALLY.
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Please send us,
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