HONGKONG DAILY PRESS

Finance and Commerce

New U.S. Blow At Japan: £83,000,000 Trade In Peril

United States may now stop buying gold and silver from Japan, following President Roosevelt's" decision to end the trade treaty next January. Japan would suffer a serious blow. She sold £83,000,000 in gold and £840,000 in silver in the last two years,

A

Mr. Cordell Hull. U.6. Secretary of State, said recently that there must be a settlement of political differences with Japan be- tore a new treaty is negotiated.

He indicated that "greater respect for American rights and interests" was one of the questions requiring fresh considera- tion.

Ending of the Treaty is regarded in Washington as President Roosevelt's way of obtaining peace in the Far East by "méthods short of war."

New US tariff duties are expected to cancel out Japanese subsidies.

Enforcement of the Neutrality Act against both Japan and China is being discussed in Washington.

This would cut off all munitions to both countries.

LONDON STOCK

EXCHANGE

LONDON, Aug. 10 (Beuter)- On the London Stock Ex- change, although trading was again quiet, the undertone was stendy.

Gut-edged securities recovered after an .early

weakness further improved

rubber

increasing interest.

and

on

New Zealand stock recently Issued was quoted initially at

though there" 1/16th premium,

were only small dealings in them. Commodities were quietly steady" and Wall Street was easier.

MEXICAN OIL DISPUTE

WASHINGTON, Aug. 10 (Reuter)The Mexican Gov- ernment's new proposals to settle the oil expropriation dispute will involve vesting in a neutral third parts of the balance of power over oil pro- perties, according to informed circles here.

GLYN, MILLS IN BIG BANK DEAL

One of Britain's last privately owned banks, Glyn, Mills and Co.. founded nearly 200 years ago, figures in B big banking deal. details of which were announced on July 28

The Royal Bank of Scotland is to buy the capital of Glyn, Mills.

FRANCO - TURKISH

TRADE PACT PARIS, Aug. 10 (Reuter)- Agreement has been reached. in the negotiations for a Franco-Turkish Trade Pact and the terms have been sent to Ankara for the

ap- proval of the Turkish Govern- ment.

SINGAPORE STOCK

QUOTATIONS

MIDDLE PRICE Rubber Shares Amalgamated Malay Estate Lid.,

$1.42).

Kempas Ltd., $1.77)."

Kuala Sidim Rebber Co., Ltd. $2.05.

Pajam Ltd., $1.721.

Sungel Bagan Rubber Estates Ltd..$1.25

Tapah Rubber Estates Ltd.. $1.52)

.Tin Shares Petaling Tin Ltd., $8.621 x.d... Sungei Luas Tin Dredging Ltd.. $1.371.

Industrials

Straits Trading Co., Ltd.. $24.80% United Engineers Ltd.. (or dinary), $8.42),

Wearne Brothers Ltd., $12.75.

Gold Shares Raub Australian Gold Mining Co., Ltd.. $4.471.

The above quotations are in Straits Dollars.

WHOLESALE PRICES LONDON, Aug. 10 (BWS)-The

"It is proposed," the official general level of wholesale prices. statement says, "that a substantial as amount of stock of the Royal Bank Trade,

measured by the Board of showed no appreciable

of Scotland will be issued in part change in July. the index number satisfaction of the purchase." being the same as for June.

WEEKLY STAMP FEATURE

A HUGUENOT ISSUE

about to be issued in aid of a fund for the relief of dependents of

A penny stamp, one of three mariners lost at sea. The subject new stamps issued in South Africa of the vignette is a monument to to commemorate the 250th nhl be unveiled at Boulogne-sur-Mer, versary of the arrival of the

NEW PICTORIAL SERIES Huguenot settlers, has caused offence to the Roman Catholic community in South Africa. NEW TURKISH STAMPS

The Turkish postal authorities have issued a series of six stamps in celebration of the American Independence.

ALFONS MUCHA DEAD

On July..14: Alfons Mucha, one of the most, celebrated artists and stamp designers of our time, pass- ed away. During the last 20 years bis work has been seen on stamps, chiefly those. of his native land. Czechoslovakla. Perhaps the most artists stamp ever produced by an European country. the Hussite and the Cup, featured on the 80 and 90 heller stamps of 1920, remain as

a permanent memorial to this

prince of stamp designers. FORMER CZECH PRINTS

The former Czech stamps bear- ing a bi-lingual overprint. (under the Protectorate) and with the original inscription "Ceskoslovens- ko" barred out, were duly placed on sale on July 17, but that post ofces are instructed to sell them in complete sets, only (face value 32 kr. 48, 8d.).

·NEW;. CHARITY STAMP

We illustrate the design of a new charity postage stamp that is

On this page, we publish early examples of the new pictorial series, which was duly put on sale on July 11, in 31 denominations of 'ordinary and air post stamps, ell recess printed in Paris after the designs of local artists,

H. K. STOCK

EXCHANGE

A large line of Docks"changed hands at $18, Old China Lights & Hotels were also dealt in to some extent. Enquiries came into the market for Old Dairy Farms but there does not appear to be much scrip available.

BUYERS

Underwriters, $14.

Land 4% Debentures, Par. Electrics, $533, Canton Ices, $1. Govt. 4% Loan, 1024. Govt. 31% Loan, 994,

SELLERS

Providents, $1. Humphreys, $3,

SALES

HK. Docks $16/181. Providents, $410.

H. Hotels, $4.80. " China Lights (0), $7.90. China Lights (N), $4.80. Dulry Farms (0), $20).

PHILIPPINE MINING QUOTATIONS

Consol. Mines

Centavos.

Atoks

21

Antamoks

22

Bagulo Gold

191

Batong Buhay .....

014

Benguet Consol.

10.50

Big Wedge

22

Coco Grove

23

0015

Demonstrations

09

...I X. L.

431

Ipo Gold

Itogons

.23

Manbulas Consol,

Masbates Consol.

103

Mindanao Motherlode

##

Mine Operations

121

North Camarines

2:3

Paracale Gumaus

164

San Mauricio

89

Surigao Consol,

223

Suyoc Consol.

133

Syndicate Investment

028

United Paracales

411

HONGKONG®

06

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted

on Thursday, Aug. 10, 1939.. FLK. Docks Providents

China Lights (0) China Lights (N)

100 $18.25

250 4.10

42 84

7,90

4.00

PHILIPPINE GOLD MINING QUOTATIONS

Thursday, Aug. 10, 1939.

Atoks

Antamoks

I X. L

Centavos,

21

2

Baguio Gold

194

Batong Buhay

014

Benguet Consql.

10.50

Big Cedge

23

Coco Krove

23

Consol. Mines

0015

Demonstrations

10

434

Ipo Gold

18

Itogons

23

Manbulan Consol

06

Masbates Consol

101

15+

29

Surigao Consol,

221

Suyoc Consol.

131

Syndicate Investment

028

United Paracales

411

Mindanao Motherlode

081

Mine Operations North Camarines x. Paracale Gumaus

San Mauricio

LONDON METALS

EXCHANGE

London, Aug. 9 (Reuter),

COPPER

buyers £

sellers £

Standard, Cash 44-5/8

44-11/16-

44-13/18 51

Standard,

3 months 44-3/4 Electrolytic 50-1/4

TIN Standard, Cash 229-7/8" 230 Standard,

3 months 225-1/2 225-3/4

LEADE

Foreign,

Official Price 16-1/16 Foreign, Oficial.

16-1/8

3 months 16-15/16 18

SPELTER

Ordinary,

Omcial Price 14-7/16 Ordinary, Oficiál

14-1/2

3 months 14-11/18 14-3/4

Final Afternoon Transactions Tin, Standard, Cash, £230 sal |·lers.

Tin, Standard, 3 months, £225-

3/4 paid and sellers.

FINANCE & GENERAL

RIGHTS

CHE RIGHT LAW DIE RIGHT LABEL

White Label RST SCOTCH WHICH

OF GREAT AGE

InDewar & Sons

DIETILLARS.

PERT

THE RIGHT LABEL

THE RIGHT LABEL

THE RIGHT LABEL

THE RIGHT LABEL THE RIGHT LABEL

White Label

DEWAR'S

FAMOUS SCOTCH

It never varies

BOLE AGENTS ›

A. S. WATSON & CO., LIMITED. WINE DEPT.

TEL: 20616.

可用耐油漆牌號路

PAINTS. ENAMELS..

VARNISHES & SPRAY LACQUERS

DURABLE & ECONOMICAL

MANUFACTURED OF

THE NATIONAL LACQUER & PAINT PRODUCTS CO. LTD.

KING'S ROAD, HONG KONG, TEL 31601-2

公限有:

What do you want?

If there is anything you want to buy or sell,

try a small Classified advertisement in the Hongkong Daily Press.

25 words $1.00 prepaid for 3 insertions.

FRIDAY: AUGUST 1, 1939 -PAGE 1

PUBLIC AUCTION, LAMMERTS' AUCTIONS

THE

HE Dadersigned, have received!

instructions

TO SELL BY

PUBLIC AUCTION

ON

FRIDAY, the 11th AUGUST, 1839

Commending Kt: 2.30. PM.

At their Sales Room, No. 35. Hankow Road, Kowloon.

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

Comprising:-)

Divans, Brass, Iron and Teak- wood Bedsteads, Dressing Tables, Wardrobes, Chesterfield Suites, Chests of Drawers, Dining Tables, Chairs, Dinner Waggons, Ice Chests, Desks, Typewriter Tables,

PUBLIC AUCTION.

TH

THE Undersigned 'have received

instructions

to sell by

PUBLIC AUCTION

FRIDAY, the 11th AUGUST, 1859

Commencing at 11.00 AM.

„At their Bales - Room, No. "Z

Connaught Road, Central... (Room No. 205, 2nd Floor).

One 1938 Model Philco" 11-tube

Radio-gram, with Garrard Auto- One 1938 Model "Philco" &-tube

matic-Record. Changer

Radio and Playing Table

Radio

Glass Cabinets, Bookcases, Cutlery. One 1938. Model "Philco" 8-tube Porcelain, Glass, Brass and E P. Ware, Cooking Utensils, Electric One 1998 Model "Patterson 18-

i tube Radio Table Fans and Lampa. Gramo-

One 1937 Model "Philco" 11-tube phones and

Rattan Records,

Radio-gram. Furniture. etc.. etc,

"also

A FEW PIECES OF FINE CARVED BLACKWOOD FURNITURE

And

One “GEC." All Ware 10-Tube

Twin Speaker Radio Set Five Peking Carpeta

On VIEW from THURSDAY, the 10th AUGUST, 1939.

One 1937 Model "Philco" 11-tabe

Radio

One 1996 Model "Fulco" 11-tube

Radio

One 1935 Model "Philco" 11-tube

Radio

One "RCA" 8-tube. Radio One "RCA" 6-tube Radio One "Climar" 6-tube Radio

One "Premier" 5-tube Radio One "Emerson" 6-tube Radio" One "Martoni" Radio and Bat-

terles

One "Atwater-kent” Radio One “GEC" Radio-gram. One Radio and Loud Speaker

also

HOME IN 6 DAYS

TERMS:--Cash on Delivery

LAMMERT BROS.

AUCTIONEERS.

Over turf which treads like a carpet you make for the valley where the sun has turned the wheat to gole-he regular click of an anvil-a pheasant

rises with a flurry-the rooks wheel over distat tree-tops.. The blacksmith puts down his hammer, and you become part of that green stillness which is ..... It's all balf-way round the world from you-but less than England. a week away by IMPERIAL AIRWAYS

Three "Remington" Cash Regia-

ters

One ""Monroe" Calculating Ma-

chine

One "Karách!" Ceiling Fan - with

Regulator

One "Marell Ceiling Fan withs

Regulator

Two Remington" Typewriters

One "Underwood" Typewriter

One "Royal" Typewriter

One Rowing Machine

also

One Steel Fning Cabinet One Machine "Eutchison" Spool

Wire Fastener

and

A Quantity of Office Furniture

On VIEW from THURSDAY, the 10th AUGUST. 1939.

Terms:-Cash on Delivery,

LAMMERT BROS.

AUCTIONEERS.

PUBLIC AUCTION.

[BE. Undersigned have received

instructions

to sell by

PUBLIC AUCTION

Imperial Airways takes you to England in six days' luxury flying, India, Burma, Siam, Malaya, within easy reach. 4-engined flying-doats," smoking rooms, spacious soundproof saloons, promenade decks, meals during fight." Fares include all meals, hotel accommodation at night stops, and even tips

IMPERIAL AIRWAYS

stación fram. Imperial Aleware (ar, Kant) kaki R©George's Bulidings, Hong Kong, Talupkona: 3415|

· Kong) or ther Camovny a Bowling PENGE.

THE

TUESDAY, the 15th AUGUST, 1988

Commencing at 10.30 A.M.

At No. 9, Hillwood Road, 1st floor,

Kowloon

A” QUANTITY OF VALUABIJ "HOUSEHOLD FURNITURE

Comprising:-

Rugs, Easy Chairs, Cortains, Porcelain. E P., Brass and Glass Ware, Records, Cutlery Clocks, Pictures, Electric Heaters Fans, Ornaments, Cooking Uten- sils, etc., etc.

sritho

A FEW PIECES OF BLACK WOOD FURNITURE and

"Simmons", Iron Single Bedsteen with spring Mattress and Mar. tress...

"Underwood" Typewriter 1Zenith Radio

["Viétrols"!

On VIEW from MONDAY, the

14th AUGUST. 1939

"erras Cash on Delivery

LAMMERT BROS.

AUOMONEERS

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