HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
SHÄREBROKERS' ASSOCIATION
Baywww
Ballara
Sales Nomiani TUESDAY 13.
FEB.
Banks
Boljarn
Sales Moment
11400
$1402 C. D.
BAK
Jexdiv. 287)
er div. £854
ED
"31
Big
Bank of Eur Ada
$1400
...
X.D.
X.D.
£87
£0
#2194
***
$180
$100
74
8470
878
14
+40
H.K. Banks urineer
Do. (Col. Res Do. (Lon. Bog.) Chartered Banks -- Marmatia Bk. "A" Mercantile Blu, “10'3
[N. C. & B. Banks
Insurances
Canton InsurABON ...
Union InsuraDOSSA
Underwriters
B.K. Fr
Shipping
| Diagno
$10 Steamboats
$140 Indo-Chinas
Indo-China (Del.)... Shella
Waterboats ...............un
Godowns, etc.
$30
73/9
$74
Docks, Wharves."
++
8102
H.K. & E Wharves
$4.60 $4.80 $42
$23.36
Provideote
Providente (new)
$185
$100
,་:་ :
90 cta.
£RS!
E27 213) 878
60 ota.
5916
$180
#101 $100
8120 73/9
$109
101
$4.75
-
B.L. & W. Dooks.. $32.40 822.50 $22.35 .50 ...
Do. (new)
22.35/50
8145
Shanghai Dooks
$30%
New Enginearings - 6.
Mining
18/0 Kailas
$10 Raube
8 Venezuela Gold Fide
3 eta, Hong Kong Mines ...
Lands, Hotels nad
Buildings
H.K. Hotais
$5.65 236
$5.50
$36
E.E. Lands ..................ıb.
8361
$100 Do. 4 Debacitores 20
#18Shanghai Lands
$4.55 H.K. Realisa
SK Humphrey. ............................ $101 Chinese Ertates
$37
Cotton Mills
Ewo. (8.)
$179 8'hai Cottons (8) ...
$44 Zoong Sage (B.)
$481 Wing On Textiles (8.)
Publlo Utilition
$18.30/40 Tramways
88/ Peak Trame (old)...
Pak Tram (new) ̈...
Star Ferrier
T'mati Ferrí
ྩོ?;
$100
$5.70
$18.25
8315 829
18/0"
811
ca
A
100".
$4.BU 881.
$179 $44
194
...
***
$8
$18
$241
$58+ 24/95
I
$24
Da. "[new]
China Lighia (0)
$7.70
China Lights Now)
81.76
China Lights Rta.
***
H.K. Electrics
346
857.25
$20)
$25.40
Macao Electrics. ........
$11 Sandakan Lights *.....
Telephone (old).......
89.20 Telephones (new)
Industrials
10/6 Traction
19/9 Tractions (prof.) cin
814.93 Cald., Macg. (Ord.) 8.
$12
$1
Caid., Macg. (Fref.) 8. Canton Ioss ausge
$19.15/2 - Cemente
Miscellaneous
Dairy Farm (Old)
Dairy Farm (Now)
$68
89.25
21/0
FINANCE
Finance and Commerce
ANGLO - TURKISH LATVIAN TRADE NAZIS AT WORK
TRADE PACT
"
LONDON, Feb. 13 (Reuter)-A White Paper on the Anglo-Turkish Trade Agreement made in London an Feb. 3 was lagued yesterday. The Agreement comes into force on Feb. 19 and remains in force, m the first place, until Mar, 3,1941 and continues in force amber- quently, for successive periods of one year, unless terminated by either. Government st three months' notten.
COMPENSATION · The agreement provides that all United Kingdom exports to Turkey and all Turkish exports to the United Kingdom will be subject to compensation transactions,
The value of goods exported in Compensation to Turkey shall not exceed eighty per cent. of the value of the goods exported in compensation from Turkey.
TEXT EXPLAINED
MISSION GOING
TO LONDON
Most Encouraging Decision
LONDON: Feb. 13
(Reuter)-
The decision of the Latvian Gov ernment to send a Trade Mission to London shortly is welcomed by the British authorities, who have been desirous of adding the three Baltic States to the list of neu- tral nations with whom Britain is conducting special conversations to enlarge her wartime trade..
DIFFICULT POSITION Latvia now becomes the first of these countries to send a Trade Mission to London
Having regard to the difficult position. In which these countries LONDON, Feb. 13 (BWS)-The find. themselves, as between "Cler- text of the agreement "respecting many and Russia, the Latvian
"ON SPUDS!
BERLIN, Feb. 13 (Reuter); The humble potato is the latest raw material to be ex- tensively used in Germany's lightning 'drive.
The number of things Ger- mans now claim that they will be able to make from the potato is really surpris- Ing.
"
Forty different dyes
and. colourings alone can be made, these being used for colouring materials of various kinds.
Vinegar, starch and sugar are also being made and the potato is being used in the making of chocolates and pastries
Finally, the potato is used to make beer and, from all evidence available, German beer today seems almost all potatoes.
trade and payments made between Government's decision is regarded SELECTIVE
the British and Turkish Govern- as most encouraging. ments was published yesterday. Although abrogating the previous agreements made between the United Kingdom and (Turkish Gov- ernments, the present "agreement has the effect of incorporating them so far as the liquidation of transactions already commenced under them. From Feb, 19, 1840,
China's First. National Maritime College
been
CUTTING FOR PULPWOOD
WEDNESDAY, FEBRU RY 14, 1940. -PAGE 9
Nazis Sign New Trade Pact With Russia
SOVIET GRAIN, ORE AND PETROLEUM
FOR GERMANY AMSTERDAM, Feb. 13 (Renter) A new German Trade Agree- ment, providing for a total turn- over of 1,000,000.000 marks was signed in Moscow during the week-end according to the Berlin correspondent of the Telegraaf.
INTEREST IN AUSTRALIA
U.S. Scheme For
More Trade
WASHINGTON—A suggestion that the United states may take an increasing interest in the man- stal and trade possibilities of
Australia was made by the Secre tary for Agriculture (Mr. Wal- face)
"We must recognise that our destiny Res Increasingly in this hemisphere and, in- sofar as we are able to maks plans for the investment of funds, we can well consider placing increasing emphasis GIL Canada, Latin America and possibly Australia," he said.
Mr. Wallace blamed the tariff:
FACTORIES IN RUSSIA This correspondent learns that German industry will erect" "s whole series of factories in Russla, Increases of the 1920's and other in exchange for deliveries of raw American errors for "a situation materials and foodstuffs. The which brought about Hitler and factories will include works for the present position of the wond large-scale production of artificial He said that the tariffs had rubber.
made certain the It is believed that the goods debts
default of and Russia will send Germany include) at the end of the present war; the United States, large quantities of grain, ore and "must see to what extent she can Petroleum.
Neutral observers "express the opinion that transport difficulties may form a great obstacle to the fulfillment of the agreement, ̧ ̈
avoid again creating trade bar- riers in such a way as to encour- age a fresh batch of dictators."
JAPANESE - INDIAN TRADE TALKS
NEW DELHI, Feb 1 Reuter) The Japanese and Indian delegates
CAMDEN, S, C-More than 150 pulp wood producers for. the CHUNGKING, Feb. 13 (Reuter) Southern Kraft Corporation mill
BARTER OF GOODS China's first national marine at Georgetown, 3. C., represent-
MOSCOW, Feb 13 (Havus)—It is. date upon which the agreement college has
inaugurated ing practically all of the pro- officially announced that a Ger- comes into force, mutual exports aboard the Steamer Klangshun, ducers "of North Carolina and man-Russian economic agreement will become the subject of com- The college has three depart South Carolina, met here to study was signed on Feb. 11. pensation: transactions "in whichment, comprising navigation, methods of selective cutting, The agreement, It is said, em- to the trade discussions between may be incorporated produce up to engineering and shipbuilding, which is considered by foresters bodies the principles laid down in the two countries met yesterday. 25 per cent of the total sum re-while the term of study will be to be the rest practice,
M Molotov's and Herr von Rib- The discussions are revolving around ceived by the Anglo-Turkish Clear- four years. It was founded upon During the meeting selective bentrop's exchange of letters on the existing agreement for cotton ing Office exported to Turkey from the decision of the Supreme Na- cutting was discussed by Charles Sept. 28, 1939: Russla exporting to plece goods and raw cotton, such territories other than the tonal Defence Council. United Kingdom, as may be agreed
It is learned that of 90 students between the parties.
admitted to the college, after passing their examination 40 will
A. Gillett, Industrial Forester of the Seaboard Air Line Railway followed by an actual test in the pirie woods of Mulberry planta-
Germany
raw materials, while Germany is sending to the Soviet manufactured goods.
Exchanges are taking place al have been completed it was re-
Goods exported by either coun-take up shipbuilding, 30 engineer- tion. Results of the test were con/ready at above the pre-war levelported semi-officially in Berlin. A
try to the other must be accom- parled by a certificate of origin, $25 issued by the Government au thorised body and FO.B. value compensation for goods exported to Turkey must not exceed 80 per cent of FOB. value of goods ex- ported from Turkey.
· DEBTS PROCEDURE Debts due from.
81
$19.10
$5.70
$21.60
819.20
26
સમ
#21
87
$211.
Ch. isinmacha
$14
Constructions
(014)
$tes
persons in Turkey to persons in the United Kingdom, in respect of compensa- tion transactions, will be deposited in Turkish pounds in special
a
81
Constructions
27+
Lane Crawfords
$8
Nanyang TobacoD ....
231
$1.80 ginormoqmör
89.40
Watsons
29.45
184
13/3
4/0
ยก
50%. Ch. G.5% 199%G #Bdə, $100 H.E. Gork. 4% Loss $98 H.K. Gori, 34% Loan
$41. Wing On ...........
S'hal Wing On
Vibro Piling
Maremans Inv. (Lon.)
30%
100
98%
841
$10
of
$9.10
A
Marsmans Inr. (H.X.)
Wm. Powell
"Bala to Shanghai
Ing. and 20 navigation,
control of the Ministry of Com- The college is under the strict
munications.
sidered a refutation of the beller and will be further increased. been devastating timber areas.- that
formal announcement is expected pulpwood producers "have FORMAL ANNOUNCEMENT shortly and the two. delegations BERLIN, Feb, 13 (Reuter)-The have returned to their respective (Christian Science Monitor). Russo-German trade negotiations homes.
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
MARBLE HALL
(and Apneze 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.
IN
H.K. STOCK EXCHANGE
Today's recordings on the Board were not so extensive as those of yesterday, but enquiries have by.no means been entirely satisfied Scrip remains scarce.
7'
BUYERS
H.K. Bank, C.D. $1400. Docks, $22.35.
Providents, $4.65.-
Hotels, $5.65.
Lands, $36,
Tramways, 3181.
Yaumati Ferries," $24.
China Lights (0), $74:
China Lights (N) 54.85.
Electrics, $57.
Telephones (0), $25.40.
Cements, $18.10.
Ropes. $5.70.
Dairy Farms (0), $21.80.
Dairy Farris' (N), $21. Watsons, $9.40.
Entertainments, $7.
SELLERS
Docks, $221.
Providents, $4.80.
Watsons, $9.80.
SALES"
account at the Con- trol Bank of the Republic of Turkey and debts due
from
persons in the United Kingdom to persons in Turkey, under reverse transactions, will be deposited in sterling at the Bank of England for the account of the controller the Anglo-Turkish Clearing Office.
Arrangements made for regulat ing the computation of exchange notes where payment other than Turkish or pounds sterling pro- vide that, in London, selling rates of currency on the date of pay- ment shall be the ruling price.
LOWER YANGTSE WEATHER REPORT
RE-OPENING ·
ON MAR. 1.
SHANGHAI, Feb. 13 (Reuter) -The Pro-Wang Ching-wel China News Agency states that although no definite date has yet been fixed for the re-open- ing of the Lower Yangtse, it is now expected that it will be re-opened to foreign shipping, about Mar. 1.
It is added that the reason for the delay was due to the laying of more mines in the Yangtse by retreating Chinese troops.
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume Of Business Transnoted
on Tuesday, Feb 15, 1949. ́ ́ HK, Banks ......... 20 $1,420.00 Cements
500
H.K. Bang (Lon, Reg), HK$1370 H.K. Lands ......
ex. div.
Wharves, $102.
Providents, $1.65..
Hotels, $5.
Lands, $38/381.
Tramways, $18.40.
Electrics, $57.
Telephones (N), SUL.
Cements, $19,20
Dairy Farms (0); $23.
HK. Gort 4% Loan, 100,
MANILA GOLD SHARES
Hongkong Royal Observatory
10 am, Feb. 13. Barometer fat sea level), 30.06 ins. Temperature, 73 F.
Humidity, 76 per cent, Wind Direction, Calm, Wind Force (Beaufort), na. Temperature: maximum yesterday
TO F.
Temperature: minimum last night,
$4.F.
Rainfall for 24 hrs., ending 10 am
today, nfl
FLAT TO LET
Two rooms Furnished Fiat with Bath room, Servant room, all Modern converilences. Rent $75 -Furniture to be taken over. Owner leaving. 14, Village Rd. 1st floor. Happy Valley... Tel. 27454.
1349
WANTED-Kowloon side. near Ferry. Nine/ten rooms with kitchen and servant quarter modern sanitation. Garden
and garage preferable, unfur- nished, immediate possession, rent or sale. Write P. O. Box No. 1882, Kowloon
1350-
Total rainfall since January at THE MOST RELIABLE
dizi ins.
Against an average of. 1.95 ins.
Sunset tonight, 6.19, p.m.- Bunrise tomorrow. 6.57 a.m
4 p... Feb. 13..
Barometer (at sea level), 29.94 ins.
Temperature, 12 P.
Humidity, 79 per cent. Wind Direction, E Wind Force (Beaufort), 3. Maximum temperature, 75 F Minimum temperature, 64 F.. Rainfall, nil.
HONG KONG TIDE TARLE From 14 to 20 Feb. 1840.
Week
Data
Month:
Low WATER:
$19.20
Chira Providents 500 China Providents 500
200 Telephones(N)
.160 United Paracales 10,000
4.65
HIGH WATE
4.70
Hong
36.25
Kong
Hong Kong
9.50
Standard Time..
Standard Time
Ps. 0.31
h..
Wed. 14
Thur. 15
12 46
003949
16
_*.
13 20 155
01:18 44 146957 [0238 [39] 1609 8.0 Ban. 18 -64 583 8
Mines 004, Demonstration 13, IXLA 371, Ipo Gold 12, Itogon Mining 28, FL. Manbulao Consol 014, Masbate Consol. 10. Mine Operations 101, Sat. 17 North Gamarines 10, Paracale Cummaus 22) San Mauricio 83, Surigao Consol. 18, Buyce Consol. Mon. 19
Atoks 20, Antamok 161, Bagulo 121, Byndicate Investment 024,
Gold, 23, Batong Buhay 013, Big United Paracale: 31; Wedge 201, Coco Grove 15, Consol. Motherlode-10,
Mindanao
16 1816.3
0700 3:7
Height.
b. m.in.
08 36
12.4
1904 3 1
06 55 28
2014.
07 10.2-0 2905
31
07:30 33 23.40 27 08.09 34
00:40
17 28.46 609 467
90 07:55 401 01 28
18:36
LIQUID INSECTICIDE
GEE,ITS SWELL.
HOT TO SE BOTHERED WITH
FLIES WHILE
WE EAT!
THAT'S BECAUSE I SPRAYED WITH FLY-TOX. I USE 17. BEFORE EVERY MEAL NOW!
OLMAND THE GENUINE
FLY-TOX
Obtainable at all leading Drug and Department Stores Söle Distributors
UNITED TRADERS
HỒNG SONG
A Job?
WANT ADS
ANT
ENGRAVERS
FEI FEI & CO. "Photo Engravera 18, Cochrane Street Telephone No. 22224,
AUCTIONEERS
GREATEST COLLECTION OF BARO, MINS IN TOWN'
LAMMERT >
AUCTION BOLA
2001
Jimmy's
BUTTERICK LADIES TAILOR
Winter Sale
Ready made Overcoat and "Dresses made to order. No. 16 Wyndham St. Tel. 23615
We have in Stock and for Sale Great Varieties of used and unused
POSTAGE STAMPS
in sets, bags, packets, single, and in approval books for collections
$150
Flower & Vegetable Seeds
GRACA & CO. Dealers in Postage Stamps, Religious Goods, Garden Seeds, Toys, etc., etc.
No 10 WYNDHAM STREET.
P.O, Box No, 820 HONG KONG-
Established 1898,
N
LADIES AND GENTS. TAILORS
SUMMER
DRESSES, DAY & 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.
Telephone No. 56848.
HOTELS
YOU CAN NOW EAT:~~
RUSSIAN FOOD
COOKED IN THE RUSSIAN WAY.
TABLE D'HOTE $1.00 ALSO A LA CARTE AT THE
182
METROPOLÉ HOTEL
1940 ZENITH
-NEW MODELS »Just äfrived NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG
54. Des Voeux Road C.
THOMPSON
“LADIES'
38,
TEA DANCE DAILY
5 TO 7.30 P.M.
MUSIC BY THE METROPOLE SWING BAND
Telephone 24311.
TAILOR
MODERN DRESS
CHEAP SALE
NATHAN ROAD, KOWLOON.
SPECIALTY SHOPS |-
MADE YOUR HOME CHARMING !
B. B. Co., LAMPSHADE
44A, NATHAN HOAD, KOWLOON.
TEL:: 59438.