HONGKONG. DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
Beyere | Ballers
Sales
SHAREBROKIES ASSOCIATION
Nomina SATURDAY 17.JAA
FEB,
Bankr
Bayern Ballar Bates Woning1.
$1410
B.K. Banks
C.D.
$1420
£87 285
Do. (Col Esg.) was
I.D.
287
I.Q.
ERS
£9
FA
£9
£31
£121
$182
*་
#31
Do. (Lon. Bag.) Chartered Banks .... Mercantile Bka""A"
·K12}' | Maronndila Aku. "02 $78 Bank of Each Aals N. C. & 8. Banks
Insurances
Underwriters ·
Shipping
Indo-Chinsa. (Def.)...
$212)
#141
·878 60 cts.
#2124
Canton Instríacos
$470
Union InstiTENCES
6480
20 cta
H.. Fro
$180
$100
Douglassgenau
1100
-310) Stearn boudr
$10 Indo-China
[Prof.)
#104 8100
180
$120
73/0
Shells
| 74/44
Waterboats
$7.30
Docks, Wharves,
Godowns, ate.
$101 $4.80
H.K. & K Wharves
$104
Providanta
$4,60
$4.70
Frovidenta (D##} {****
$92.30 $28.10
H.K. & W. Dooka... $29.10
$22.10
Do. (new)
ati
#128
Shanghai Docks "B....
$291
New Engineerings 8.
8336 ESO..
Mialog
18/0
Kailana
18/0
310
Kaabe
$10
11.
&
$3+
Biti
#:
L
$5.65
$5.771
26.65
$37
Venezuela Gold Fide
3 cts, Hong Kong Wine....
Lands, Hotels and
Buildlogs
H.K. Hotals
#37/97 .. H.K. Lands.................B.
$100 Do. 4% 'Debentures
$20
87)
Shanghai, Lands
H.K. Rosition
Humphreys ****
101 Chinese Estados
Cotton Mills-
#
$174 $17.80 $17.45/.50 1.4. Tramways
Peck Troms (new) ***
!!!!
Pi
#36.761/37
100%
$4.80 XD. $7"
186**
$179
$44
10
$17.45/50
$361 Bwo (8.)
$170 B'hat Cotions (5)
$44.
Zoong Blogs (8.) ....
$48
Wing On Textiles (8.)
$100
Public Utilities
$5
Peak Trams" (old) .~
$4
$8 #4
384 I.D.
|Star Ferries.
XD. $84.
1942
F'mati Fo
Faris
$25
Do. (new)
+4+
$7.90
Chins Lights (0)
$7.90
$495
China Lights (New)
195
Chins Light Rt.
857
3571
R.K. Electri
#571
$20
Macao Electrics
$114
Sandakan Lights
+
$28.40
39.70
$0.70
Telephones (ww)
19/6
Tractions enj
19/0
Tractions (prst.)
!
Telephones (old)
Industrials
$14.90 Cald., Mang. (Ord.) 8..
| Cald., Macg. (Froč.) B.
Cemanie
Ropes
$251
$9.70
21/0
FINANCE
Finance and Commerce
Closure Of China Ports
DRASTIC PENALTIES FOR SHIP MASTERS
A Blu, shortly to be introduced in Legislative Council and publish ed in the Government Gazette, is of much importance and interest to the shipping community on the China coast.
RESTRICTIONS ON IMPORTS
GAZETED
Boom In H.K.
Revenue
MONDAY, FEBRUARY 19, 1940 -PAGE 9 CHINA LOOMING HIGH IN PHILIPPINE TRADE OUTLOOK AFTER 1946
A
Whatever may be the outcome of the trade conference be tween the United States and the Philippines, which is definitely to be held at least two years before Independenĉe în 1946, in ac cordance with the Tydings-Kocialkowski Act, the most recent Congressional enactment on the Philippines, It is essential that we set ourselves with determination to undertake without any farther less of time a reorientation of our foreign trade.
Revenue of the Colony for 1939 is now certain to have reached the The "tull Allied blockade of Germany which seeks not only to unprecedented total of $41,000, probit. Germany from securing 000, or $8,000,000 more than the raw
total revenge for the preceding It is evident beyond doubt that natural markets of consumption carry on the war, but also com-year, which was also a record. we cannot, much as we would like, for our products The Chinese is pletely to strangle the German last year with a surplus of ap- free trade. It is even problems-country and the economic awaken- a result, the Colony ends | perpetuate Philippine-American now conscious of the power of his export trade and thus prevent her
materials with
which
to
As
from getting much needed foreign proximately $3.000.000, unless any tical to secure its continuation mg of that natim is increasing its exchange. is having its effect in untoward expenditure was incur after independence. What may be prosperity and augmenting, there
red in December. It is a Bill to amend the Mer-
Hongkong.
expected at most is a temporary fore, the purchasing power of the chant Shipping Ordinarice, 1899.
Figures published in the Gov-preferential treatment on a re- people. The Government Gazette gives ernment Gazette on Saturday were riprocity basis which will be in- The only section involved is Sec-s 1st of countries, goods con- to the end of November.
Yet, even
normal times, tion
sub-section B. which signed from which are prohibited
sufficient to meet the impact of China's purchases from this coun- makes it compulsory for a master to be
They disclosed that revenue for the cessation of free-trade and the try have not shown, a tendency to imported into Hongkong the first eleven months of the mounting needs of an Independent increase. This is perhaps due to about to proceed to sea to hoist aanless at the time of the im-year totalled $38,248,437, compared Philippines. Blue Feer and to obtain a port portaton a certificate of origin and with a revente of $33,536,340 for
our fault, to our lack of interest in clearance before departure.
interest is produced to the Super- the first eleven months of 1938.
China looms high on whatever that market when we should rys- Intendent of Imports and Exports.
plan we may decide upon in the tematically cultivate it, Expenditure during the corres-matter of reorientation of our The countries named are follow:
as ponding period totalled $33,865,- foreign trade. The China of today of the Shanghai Evening Post and I therefore, welcome the plan 416, compared with $31,193,177 is no longer the China of yender Mercury to start a campaign to Albania, Belgium and Lufem- the first eleven months of 1938. days. She is now carving burg. Bulgaria, Denmark, Estonia, As a result of this abnormal re- destiny. There will be no back-to make of China the best cus- sell the Philippines in China and foreign trade the Harbour Master/Finland, Greece, Hungary, Ice. Venue, the Colony's surplus balance, ward steps for her from now on.tomer or the Philippines. Its may, at his absolute discretion, re-land, Italy, Latvia, Liechtenstem. has now risen to the record total fuse to furnish a port clearance. Lithuania, Netherlands, Norway, of $17,945,275,
The penalty was a fine of $250 The following paragraph has been added at the end of the sub section: "If the intended voyage Is to any port in China which has not been opened at any time to
TIENTSIN PORTS TREATY
"
וי
Portugal, Roumania, San Marino, Spain, Sweden. Switzerland. Turkey, Yugoslavia,
In the cases of Portugal and Spain, their insular territories in the Atlantic Ocean are excluded
EXCEPTIONS MADE Exceptions have been made. These are:
FORGE AHEAD
her
bt the
Philippine
She is determined to forge ahead efforts along this direction deserve our deepest gratitude.—(V. Mad- and even if the final outcome of rigal, President of the Chamber of the present unsettled conditions there will strip her of a substan-
Commerce tial portion of her territory, she will still be the vast market with
Islands)
teeming millions her greatest
NOVEMBER FIGURES Revenue during November total led $3.473,229 while expenditure totalled $2,813,623, thus adds $860,505 to the Colony's coffers
The greatest increase in revenue asset a potential source of un- BRITISH OVERSEAS In November accrued from duties uimited possibilities for the ex-
TRADE
a rise of $265,525 being shown pansion of our foreign trade... compared with the figures of the Vast as the China market is, it corresponding month in 1938. does not offer difficulties to de- return of British overseas trade for LONDON, Feb. 17 (BWS)-The Newspapers, periodicals," printed books and printed parts therear, showed, an increase of $172,083 qave the advantage of proximity.£104,961,147
Licences and internal Revenue velop for our export products. We January shows imports valued at printed music, catalogues, advertis-over the figures of the previous it is a uniform market in its needs £36.582,440 in December and £75,- as compared with ing material, printed leaflets year, while rent of Government as a result of a population unt 571,817 in January last year: ex-- printed pamphlets, and printed property, land and house as well form in its tastes, asages and cus-ports valued £41,073,574 5 forms..
15 miscellaneous receipts also hold effects of persons entering
Bona fide personal and house-showed substantial increases.
compared with £40,168.628 in It is logical that th any promo- December
and the Colony.
In all, revenue in November. tion plan of our foreign trade, we January of last year: re-exporta £39.479.598 t 1939 bettered the figures for should give preferential attention valued at £9,657,413 as against November, 1938, by $563,289; to neighbouring markets, inasmuch £2,501,577 in December and £4,-
as they are due to proximity, the 595,953 in January of last year.
Samples of no, commercial value,
toms,
The Bill has been made necessary as a result of the conditions brought about by ..the Sino-Japanese hostilities.
Under the Treaty of Tientsin of 1858, certain ports in China were opened to British shipping. They were not lawfully entitled enter: other ports or to carry on clandestine trade along the coast, "Any vessel violating this provision ran the risk of being confiscated by the Chinese Government.
However, the treaty provisions were not traplemented by specific provisions in the Merchant Ship- ping Act possibly because the liability of confiscation by the Chinese Government was, in itself considered a sufficient deterrent.
Now, however, that the mote" Bona fide gifts from private DEFENCE EXPENDITURE ments of the Chinese Chistoms senders to private addresses.
Expenditure showed an increase preventive service are restricted
floods -fra transit without of $238.653.50 on the figures of by hostilities in the waters of the transhipment or transhipped on the previous November. coast of China near the Colony it a through Bill of Lading for
ber. 1998. Last year they cost HONGKONG has become necessary to imple-destinations outside the Colony.
The defence forces of the Co-$27.823.69. lony claimed the greatest rises in ment provisions.
The Police Force also cost much Goods addressed to or consigned expenditure during this month more to maintain, the figures be- Government Depart-For instance, the Hongkong Valun-ing $301,063.28 for November. 1939. menta
teer Defence Corps, which spent as against $272.990.48 for Novem- In certain cases, the Superinten only $19,460.23. in November, 1933, ber, 1938 dent of Imports and Exports may spent $50,835,88.
The cost of the Sanitary De- China Light IN) 200 .480 authorise delivery of goods upon But even greater were the in-partment rose from $87,027.04 to Cements security being given, within such creases of the Naval Volunteers $120,884.46. while under the item H.K. Docks time as he may require, for the and ARP. The former consumed of "Stores Department," which FK Docks production of" a ecrtificate of only $3,483.81 of the Colony's re- was non-existent in 1938. & Bum HK. Docks origin and interest.
venue in November, 1938, but last of, $90,016.20 was expended
ELK. Telephones (0) These regulations will come into November they spent $39,903.18. Making up for these various in- H.K. Lands The Commission's recommenda-effect on April 1, 1940.
an increase of $36.419,37.
*creases, many departments spent H.K. Lands tion of the Corporation Tax has It is noteworthy that Soviet Air Raid Precautions in the Co- less than they did the previous HK. Tramways not affected the market in any Russia is not included in this list.lony cost only $3,244.88 in Novem-year.
I. X. L way and in spite of this as well.
012
81
Canson Iomment
$19 10
819.10.25
Any Master of a ship infringing $1
the new law will be liable to a $19.90 fine not exceeding $2,500.
direct
$3.85
Miscellaneo
$22.10
#21.10
$29.15 21/21
Dairy Farm (Old),
322
In addition he may be sent to prison for six months
Dairy Farm (New)
#21)
$7.10
Che 'tainment
$7
145
|·Constractions
(old)
$1.85
4
$1
Construction
(DOW)
37
Lane Crawforda
Nanyang Tobacco....
$31
H.K. STOCK EXCHANGE
$1.80 Sinceres
Watsons
39.46
100
98%
พ
as
$10
89.10
advance
#1
***
$9.45 0.80 0.40
50%. Ch. 0.5% #36G #Bds.
$1001 HE GOTS. 4% Loans
395) H.K. Gori. 84% Losin
841
E.K Wing O
N'hai Wing On
381
Vibro Piling
14/9
4/0
31
Martmans Lay. (Lon)
Marsmans Inv. (H.L)
Wm, Powells
•Saim
to Bhanghai
!!!!!
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Feb. 16.
bearer)
The following quotations are the Chosen Corporation middle prices at the close of the Petin Syndicate. market in London. All quotations S'hat Elec. Constr. Co. are subject, to confirmation and no responsibility is assumed for errors In transmission.
£
S'hat Waterworks "A"
18"
6/8
1/6..
15
141
27}
Union Insurance .......... Gula Kalumpong Rubber 21/104 Allled Ironfounders
Distillers
War Loan, 3% (Red
after 1952) Canton-Eloon Rly. 5% 15
Asso. & Elec. Industries Austin Motors, ard..... Cable & Wireless, New
Form, ord. De....
".14.
40/11
18/6
634
Chinese 41% Gold Loan
B-A. Tob. (bearer)
98/9
1898 (Brit. Issue) Chinese 5% Gold Bonds,
1925-47
60
Mexican Eagle
121
Cammell Laird, ord.
8/3
50
Mexican Eagle
8/11
Chin 44% Anglo-French
Courtaulds
38/14
Loan, 1908
50
68/9
Chinese 5% Crisp Loan.
Dunlop Rubber
30/9
1912
30
Gen. Mectric (England)
78/41
Chinese 5% Reorg, Loan.
Guinness (A) Bón & Cọ
75/6
1913 (Lan. I)
40.
Chinese 8% Ster. Noter
Hawker Siddeley Airc.... Bristol Aeroplane
12/4)
14/41
1925 (Vickers)
12
Imperial Chemical Ind.
30/6
Chin Imperial Rly, 6%
Imperial Tobacco ................
Lgan
Marks &8p'çer. “A” ord.
51/3
Honan Rly, 5%.
16
Rolls Royce
83/14
Fukuang Rly 5%, 1911... 19
| Leyland Motory
74
Hukuang Rly 5%, 1911
Tale Lyle
Turner & Newall
Lung Tsing. Hai
United Steel
52/3 82/10/ 23/41
Smethwick Drop Forg.....
S'hai-N'King Rly. 5%
Armstrong Stevens, ord.
13/0 6
Tientsin-Pukow Rly. 5%
Pressed Steel, com.......
-15.
(Brit. Stod.)
16
Vickers, ord.
21
Woolworths
61
16
Anglo-Dutch
26/3
(German Issue)
Riy. 5% 2913
16
Tientsin-Pukow Rly, 5%
(German Stpd:) Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl. Loan) 16 Tientsin-Pukow Rly. 5%
(Ger. Stpd. Bupl Loan) Jap, 55% Bter. Loan; 1807 521 Jap. 8% Ster. Loan, 1924 56 Ger, 7% Intl. Loan, 1924 7] Chartered Bank... B.K. & @hal Bank (Ldn.
Mining
11879
Rub, Plant. Invest. Trust* 34/3 Burma Corporation..... 9/8 Commonwealth Marsman Investments .14/9 Randfontein Estates. 34/41 Western Holdings Sub Nigel
the short, morning session
owing to the Races, prices on the whole are firm and in some stocks.
show an appreciable Telephones (OLD) changed hands @ $261 and there are further. buyers, while Lands were transacted $38.
BUYERS
H.K. Bank, $1410.
Union Ins. $465
Douglases, $102
Wharves, $101.
Providents, $4.60
Lands, $372.
Tramways, X.D. $171.
Star Ferries, X.D, $64, China Lights (Old), $7.90 Macao Electrics, $20. Telephones (Old), $26.60 . Cements, $19.10. Entertainments, $7.10 Constructiona (Old), $1
SELLERS Tramays, XD $17.30, Watsons, $9.60
Docks, $22.10
RALES
Lands. $371/2/38.
Tramways, X.D. $17.55.
Telephones (Old), $281. Cements, $19.10/20
MANILA GOLD SHARES Ataks 19 b, Antamok 18 b Berulo Gold 23 b Batong Buhay 013 6 Bg Wedge 21 b, Coco Grove 14 by Con. Mines 0035 s. Demon- stration. 124 b. East Mindanao 10 b. IXL 37 s, Ipo Gold 11b, Itogon Mining 284 8, Manbulab Con 014 b. Masbate Con 10 b, Mind. Motherlode 10 s Mine Operation 104, North Camarines 10s. Paracale Gummaus 22) b Ban Mauricio 83's, Strigao Con. 17 b Buyoc Con. 13 & Syndicate Inv. 025 b, United Paracale 291 b, Benguet Con. 6.60 b
to
SHOE CO.LTD.
A
HONGKONG SUPPLIES ALL.
KINDS OF FOOTWEAR
THE MOST RELIABLE LIQUID INSECTICIDE
GEE, IT'S SWELL
NOT TO BE BOTHERED WITH
FLIES WHILE
WE EAT!
THAT'S BECAUSE
1 SPRAYED WITH FIN-TOX JUSE IT BEFORE EVERY MEAL NOW T
OLMAND THE GENUINE
FLY-TOX
Obtainable at all leading Drag and Department Stores
Sale Distributors
UNITED TRADERS HONG TRONG
EXPORT OF COAL NEPROHIBITED
MANILA GOLD SHARES. Atoks 19b. Antamok 16b, Baguio Gold 236, Batong Buhay013b, Benguet Con, 5.60b, Big Wedge 2b, Goo Grove 14b. Con, Mines 00355. Details of the Defence (Bunker Demonstration 12fb, 1 XL. 178, Ipo Gold 111b, Itogon Mining 2816, Coal and O11) Order, 1940 are Government Manbulso Con 014b, Masbate Con Published in the
Gazette.
His Excellency the Governor, bas ordered that bunker coal or bunker
12/8 190
Tanami Gold Mining Anglo-Iranian Burmah
108, Mine Operations 10s, North Gamarines 108, Paracale Gunmans
-52/6
65/7
HK. & Bhat Bank (Col.
Reg) Chinese Eng: & Mining
Shell Trans
& Trad
871.
(bearer)
73/9.
221b, San Mauricio 235, Baza o may not be shipped from Con, 17b, Suyoc Consol. 138, Byn- dicate Investment 025h united akong for the by a ship as
Nothinal
lode 108,
Paracale 2916 Mindanao Mother Tug book arance in writing
źrom the: Controller of Tråde.
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
Jimmy's
· BUTTERICK LADIES TAILOR
Winter Sale
Ready made Overcoat and Dresses made to order. No. 18 Wyndham St. Tel. 23615.
We have in Stook
...and for Sale Great Varieties of used and unused POSTAGE STAMPS in sets, bags, packets, single, and. In approval books for collections
Flower & Vegetable Seeds
GRACA & CO. Dealers Postage Stamps, Religious Goods," Garden
Beads, roys,
No. 10, WYNDH
F.O. Box No
་
SHAREBROKERS'
ASSOCIATION
·
Volume Of Business Transacted on Saturday, Feb. 17, 1940,
100
19.20
375
22.00
400
2210
100 22,00
100:29:75
100 37.75
10038.40 500 $2.55 6,000 Ps. 0.27
MARBLE HÁLL
(and Annexe Private Hotel. 34, Granville and 103, Austin Roads, Kowloon, tennis courta, ru Beautiful garden. Rooms andɛ" suites, with private bathrooms. All modern conveniences. Apply proprietress, 103. Austin Road, Phone 50233 and 34, Granville Road Phone 58433.
LADIES AND GENTS, TAILORS
SUMMER
DRESSES, DAT & EVENING HATS: BAGS & BEACH TOCS
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.
YOU CAN NOW RAT
HOTELS
Telephone No. 58835
RUSSIAN FOOD COOKED IN THE
RUSSIAN WAY
TABLE D'HOTE $1.00 * ALSO A LA CARTE
METROPOLE HOTEL
1940 ZENITH
NEW MODELS Just arrived- NO AERIAL, NO GROUND, Just plug in' and play. CHUEN YEE - HONG senx Road D.
FEI FEI & CO.
KONG
TEA DANCE DAILY 5.70 736 F.M. MUSIC BY THE METROFOLE ***WING BAND
Telephone 24311,
AUCHONERES
GREVJE SE COMOTIONS OR BARGAIN IN TOWN
FAM TEREK SUBON JONE