Fi
HONGKONG DAILY PRESS
Finance and Commerce
Soviet Coal Industry Is
Criticized
1
NO PREPARATIONS
FOREIGN TRADE IN SHANGHAI
Steady Improvement Shown
FOR WINTER MOSCOW, Jan. 22 (Reuter)-in article in Industria, the organ of the Commissa.dat for Heavy In dustry, sharply criticises the Soviet coal industry and says that the output from the two main centres of the Urals and Don Basin for the Month first thirteen days in January is below the schedule of the 1940 plans.
DIRECTORS BLAMED
SHANGHAI, Dec. 19 (Reuter by Mall-For the first time in the
trade showed a favourable balance past two years, Shangbal's foreign
during the month of November, 1939. Progressive improvement in the trade position is indicated by Ogures for the past four months: Pounds National Sterling Dollars
(Approxim"ly) £3,000,000 $211,000,000* 1,000,000 127,000,000* 300.000 17,000,000* 300,000 "14,000,000+
Aug. Sept.
Oct.
Nov.
Just under).
*Import surplus.
+ Export surplus.
This trend, it is pointed out, must have considerable influence
"Cheap Sale" Of Rice In Shanghai
70,000 PEOPLE BENEFITTED
SHANGHAI, Jan. 22 (Reuter) Thousands of the less fortunate Shanghai Chinese hundreds of rice shops throughout the city yesterday as the "cheap sala" campaign
formally opened.
FINANCE
GOLD MINE IN SOUTH YUNNAN
KUNMING, Jan. 21 Int'l)-A gold line is discovered in South Tuhan between Yuanklang and Helllang counties with rich de- posits.
The provincial government has decided that exploitation will be undertaken jointly under commer- cial and government auspices.
☺
Sir Walter Citrine's Hope
NO DICTATORSHIP IN BRITAIN
DRAIN ON JAPAN'S nind the
RESOURCES
T
Sir Walter Citrine, General Secretary of the Trades Union Con- gress. speaking at Manchester, said: "I don't know what les be- reshuffling of the Cabinet, and particularly the dis- missal of Mr. Hore-Bellsha from Yet another illustration or the War Office, but I sincerely hope
does Jammed the Japan's increasing economic dim- that it
not mean Q pire" which is proving & drain on whether of the brass hat or of any culties in the Continental "Em-strengthening ot bureaucracy. her resources Instead of an addi- other variety. tion to them is the fact that the
"We cannot be too careful, in American grown soy bean is cut- wartime especially, to ensure the ting heavily into the export mar-supremacy of democratic control in Despite below zero weather, longkets formerly dominated by its the direction of the policy and queues of men, women and chil- Manchurian cousin.
the administration of the affairs of dren, fully equipped with bags,
this country, pots and pans, stood outside all the shops long before the open- ing hour.
Was
LONG QUEUES
Allotted 50 bags of Saigon rice for the day's sales by the Shang-
So far, foreign consumers have purchased 11,000,000 bushels of American beans this year no less than Ave, times the annual average of the last Ave years.
|
TIN-POT HITLERS
"I would like to record my con viction that the British people are not going to allow themselves to be ruled by tin-pot Hitlers. whether
The rail's in some of the man's are covered under htaps of coal. while the exceptional cold has caused A consideratle a slocation In the iron and steel industry and the directors are blame for not on maintaining the exchange value hai Rice Shops' Galld, sponsors of demand, especially since the out-} within the Wa: Office or else-
of the Chinese National Dollar, the campaign, every one of the even though the trade position is participating stores reported › D not paralleled in China as a whole. | complete sell-out at the end of the
day.
preparing for the winter.
The Industria says that some of the supplies of me for mixing with the ore to prevent fr. zing were inadequate, while elsewhere workers were unable to unload the lime because they were not provid.. ed with special warm overalls.
GOVERNMENT ACTION
BRITISH NATIONAL | 15 70,000 people benefited.
It is estimate that approximate- SAVINGS CAMPAIGN
LONDON, Jah. 22 Ruter-The British Mational Savings Campaign has now been running for two The paper adds that the Govern- months and already £31,000,000 ment is now taking steps to ar- worth of certificates have been 15- range for an uninterrupted supply sued · which is £4,000,000 more of fuel and electric power to than 'fo any two consecutive metallurical works
months of the last war.
The great increase in foreign
break of war, has sent domestic prices up 25 cents to 30 cents a bushel.
CHIEF BUYERS
Before the outbreak of the Eu- ropean conflct, the Scandinavian countries were the chief buyers but they have since been surpass ed by the Netherlands as the most important foreign consumers.
Another Big US. Loan For A record
China
SHANGHAI, Jan. 21 (In)- China has succeeded in securing another American loan of U.S. $10,000,000 while another big loan
HONGKONG SHARE QUOTATIONS is under negotiation. The second
STOCK EXCHANGE
SHAREBROKERS' ASSOCIATION
Buyer Seller Hales Nominal!
Bayert Belleri Bales Xian
MONDAY 22.
JAN,
Banks
31350 B. K. Banke
986
Do. (Col Bag.)
£80
Do. Lon. Beg.)
£
Chartered Bank
£86 £*5
FENZ Mercantile Bh. "A"
£8
211
Marcantils Bk. "
878
Bank of Eară Ara
£11 $7A
"
11
DRRY
$4.65
N. C. & B. Bala...
Insurances
$207 Canton İstaranom...
lean is said to be about U.S. $100.- 000,000,
This new loans are made fot lowing the consumption of the U.S. $35 000 000 American loan secured On th of and other Chinese products.
I
$1365 The grant of these new cans kends colour to the persistent re- port that the United States will declare än cmba go on the expor of raw materials to Japan after the expiration of the commercial treaty on January 26,
50 cts.
$205
870 Union Insurances. Underwriters,
$480
190 ct
8180 H.K. Firma ".
$175
Shipping
Dougla
$76
(Prod.)
BICO
$120
78/0
$7.40
811
820
Stanza bosta
$100 Indo-Chints
Indo-Chinas (Det.}...
Shells
Waterbosta
Docks, Wharves,
H.K. STOCK EXCHANGE
Neighbouring political moves may partly account for the fact that to- day the market has relapsed into a somnolent state, interest in the market has been on a distinctly small scale.
BUYERS
78/9
个多
Godowns, etc.
8103 H.K. & K. Wharves
$102
Provident
84.70
Providente (Dame) ....
1.E. & W. Docks...
8211
· Do. (1)
Yaumati Ferries, $244. Ona Lights N); $42.
8240 Shanghai Docks B...
8240
824
18/0 Kaila
18/0
89.76 $3
where."
Sir Walter said that no one had recognised the necessity of stand- ing up to Hitlerism more than the trade unionists.
That did not" mean that the unions would meekly acquiesce in attempts to reduce the standards of life of the workers or to curtail their democratic rights. Nor did tt imply the unquestioning ac- стор of 80,000,000 ceptance
of whatever decisions bushels is now being harvested might be reached by the Govern- and it is expected that domestic
ment. consumers will easily be able to
It was, however, necessary to re- absorb it if the foreign buying member that the movement had falls off because of rising prices
responsibilities as well as tights. Last year's crop of 60,000,000 especially while the nadon was bushels Was exhausted three engaged in a life-and-death months before the 1939 crop was struggle with the forces harvested.
dictatorship. (Daily Telegraph).
SHOE CO.LTD
HONGKONG SUPPLIES ALL KINDS OF FOOTWEAR
of
TUESDAY, JANUARY 23, 1940. -PAGE 9
LLOYD TRIESTINO
Regular Fortnightly Service
OUTWARD: for Shanghai.
HOMEWARD: for Genoa, Naples (London Overland), `via Manila, Singapore, Colombo, Bombay & Portsaid
For further particulars "apply to:
LLOYD. TRIESTINO
Queen's Bldg., Ground Fl., Tel. 32982
Tel. Add. "LLOYDIANO" P.O.B. 143 Agents, Canton-Messrs. Dodwell & Co., Ltd., Shameer.
THE BEN LINESTEAMERS,
LIMITED.
FOR LONDON and LEITH
For Freight apply
to the Agents: W. R. LOXLEY & CO., (CHINA) LTD York Building,
Tol. 94185
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS:
MARBLE HALL
(and Annexe Private Hotel), 34, Granville and 103, Austin Roads, Kowloon, tennis courts. Beautiful garden. Rooms and suites, with private bathrooms. All modern conveniences Apply proprietress, 103, Austin Road, Phone 50233 and 34, Granville Road. Phone 59433.
Telephone No. 56848.
#17.65
$5.70
$942
87.70 $7.05
843
$58.40
181 $11
441
::
TH
281
!!!:
$17.66
$58,70
319.60 New Engineerings 8
$10
24
Raabs
Mining
Venezuels Gold Fide
3 cts Hong Kong Kim ...
Lands, Hotels and
Buildings
H.K. Hotel bac
$33.80 H.. Lands
$100 Do. 4% Debatteras
BID Bhanghai Lande 8.
$4,60 H.K. Realtion
Humphrey B
$101 Chinese Estados
Cotton MUS
$33) Ewo (8.)
3170 8'hat Cottone (5.) $44 Zoong Blogs (BL) .... #49 Wing On Tartijos (8.)
85
**
Public Utilities
Tramways ***** Peak Trani (old) ... Park Trans (haw) ... Star Ferriesoused
Y'matt Farries"
Do.
China Lights (0)
317,60
China Lights (New) $41
Chins Light Ria,
H.K. Electrics
Macao Electric Bandakan Lights............ #254 Telephone (old)· $3.60 Telephones (Dew) 19/8 Tractiona
KARAN
13/8 Tractions (praf.) Industrials $14.90 Cald., Macg. (Ord.) B. $13 Cald., Macg. (Prof.) 8.
Canton Iow
81
$18 $18
*
Bopes
Cemands
MiscellaneoTIE.
$220 Dairy Fam (Old) ...
8214 Dairy Farm (New)...
Constructions
Constructions (new)
Electrics, $551.
Cements, $18.70.
Entertainments. 36.90.
SELLERS
H & S. Hotels, $5.65. China Lights (Q), $7.85. Cements, $19.
SALES
Tramways. $17.50/70.
$5.70
$34
100%
Cements. $18.70.
340)
$81
MANTLA SHARES GOLD
Atoks 20b, Antariok 164s. Baguio
Constructions. (0), $1.
#334
Gold 24s, Batong Buhay 014s,. Big $170 Wedge 214b. Coco Grove 141s, Con. $44
Mines 004s. Demonstration 13s, I. $100. L. 391b, Ipo Gold 121b, Itogon Mining 271s, Masbate Con. 115. Mine "perations 11b, North 03- marines 14s, Paracale Gummaus 221b, San Mauricio 853, Surigao Consol. 171s, Suyoc Con. 13b, Byd- dicate Investment 0285, United Paracale 31s. Mindanao Mother- lode 0915.
34
::
#241
$7.70
$55.70
$251
$9.60
18/6
174
$0.20
Ch. E'tainmante
$7
$14
(old).
371
|Lane Crawfords
Nanyang Tobaone"
$1.80 Binceres
89.20 Watroca
50%, | Ch. G.5% 19250 #3ds,
$101. H.K. Gori. 4% Lotus
$95
H.K. Gori, 8% Low
841
H.. Wing On
d'hal Wing On...
$10
#81
Vibro Filing
15/0
40
Karamana lav. (Loa)
Marxmana Inv. (EL.X)
Wm. Powalls.....................
#Bala*
to Shanghai
}
| HONGKONG
SHAREBROKERS
ASSOCIATION
Volume Of Business Transacted on Monday, Jan. 22, 1940.
A.B. Watsons
$1
$19
$8.20
$22.60
$21
$1.80
$4
Constructions
500 $9.15 ............ 350 1.75
HIGH BIDDING AT CROWN LAND SALE
of the
Mr. Albert E. Atkins, Asiatic Petroleum Company, was the successful bidder B the Crown Land Sale yesterday after-
$2 noon.
$9,90
100
90%
Hi
The bidding Was high and
at the lot, which was Axed upset price of $540, realised a return nearly four times the
$0.10 Price.
The land Pins Shan Inland Lot. No. 3, contains an area of about 10,800 square feet, and was sold at $3,040,
"LADIES AND GENTS, TAILORS.
RELIABLE TAILORING
We are disposing of all our present stocks of Ladies' Goods at price less than cost, as we shall from 1st Janu- ary be changing our business over to the sale" of Gents' Goods, and must make room for new stocks shortly arriv- ing.
THE JUBILEE SILK STÓRE Specialists in Gents' Wear, Suits, Shirts, Pyjamas and Underwear.
31 Nathan Road, Kowloon.
Corner Peking Road.
CHILDREN'S NURSE. Young British Lady (presently in Tientsin) wishes to proceed to England in the Spring. Would take charge of children, or act as companion. First-class re- ferences. Reply Box 23...
24
We have in Stock and for Sale:
Great Varieties of used and unused
POSTAGE STAMPS
in sets, baga, packets, single, and in approval books for collections-
also
Flower & Vegetable Seeds-
GRACA & CO.
Dealers in Postage Stamps,
Religious Goods, Garden.
Beeda, Toys, etc., etc. No. 10, WYNDHAM STREET, | P.O. Box No. 620. HONG KONG
Established 1896.
What do
you want ?
If there is anything you want to buy or seli, try 簉 small Classified advertise- ment in the Hong kong Dally Press..
25 words $1.00, prepaid
for 3 insertions.
Telephone No. 50451
Jimmy's
BUTTERICK LADIES TAILOR
Winter Sale
Ready made Overcoat and Dresses made to order. No. 16 Wyndham' St. Tel. 23815.
Her EYES Won Hum
CLEAR MILKY WHITE LUSTROUS: TROUSANDS CLEAR EYES. Faced Mone Long Way FYES redded or prominently veined by late
hours or over-indulgence thousandined girls pow clear them in seconda. With new scamino EYE- CENE. And what a dla erteses when whitem are clear sparkling whital Blonay back it ie fellas. Katrmban soothes Gred syse like magia. Stainless-mis. Qut EYE GENB 1t any drug or departement who
EYE-GENE
Obtainable at all
leading Drug & Department Stores
... Bole Distributors-
UNITED: TRADERS Hong Kong.
SUMMER
DRESSES, DAT & EVENING HATS. BAGS & BEACH TOGS- at very moderate prices. Call on us and let us demonstrate to you THE SHANGHAI SUN FAT COMPANY."
EXPERT LADIES' TAILORS
No. 30, Nathan Road, Kowloon.
FIRST-CLASS
SHANGHAI LADIES'. TAILORS
Large Selection of Ready Made Ladies' Fur Coats, Winter Costumes and Overcoats always in stock at reasonable prices,
Alterations undertaken on Ladies' Furs and Faxes.
LONG KEE
31 NATHAN BOAD
Corner Peking Road,
YOU CAN NOW EAT:
HOTELS
RUSSIAN FOOD COOKED IN THE
RUSSIAN WAY TABLE D'HOTE $1.00 ALSO A LA CARTE AT THE
METROPOLE HOTEL
Tel 50451
TEA DANCE DAILY
5 TO 7.30 P.M. MUSIC BY THE METROPOLE SWING BAND
FOR XMAS & NEW YEAR
GIVE A ZENYTH ́ ̈1940: MODEL 55313 ALL WAYK SET. $99.50
GUARANTEE TO RECEIVE LONDON PARIS, MOSCOW &c. DIRECT. CHUEN YEE HONG
54 Des Voeux Road C.
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street. Telephone No. 22224,
Telephone 24311.
AUCTIONEERS
GREATEST COLLECTION OF BARGAINS IN TOWS!
LAYMENTS MEGION B06-31
.....