HONGKONG. DAILY: PRESS

HONGKONG SHARE QUOTATIONS

SHAREBROKERS ASSOCIATION -

STOCK EXCHANGE

Bayere Bellers

Nomi TUESDAY 27.

Barere Ballara Balonimaİ

$1400 $1480 CD,

X.D. 219 ID

201

£9

$235

144

$180

8101

164

$480

#1470 CD

XD XD

FEB.

Banks

.. Banka imam Do. (Col. Bağı), ma Do. (Lon. Reg.) - Chartered Bankin

£31) Marcille Blast M

£19) Marcansila ‹kka. MŪZI $797 Bank of Baal Kola

N. C. & E. Bosko ...

• Insuranc

Canton Inseriaden $295

Union InrugsHOES ....... $480

17+

Н

78

FINANCE

Finance and Commerce

три ру

Bonus Share U.S. Decision To Maintain

Offer By

H.K. Docks

Leadership

Subject to audit, the Directors of BRITISH SHIPYARDS.

60 ots. the Hongkong and Whampoa

$485

Wydorweihers V90 ct 1

**

$190

· Shipylar ·

$100

(Prof.)

Douglass

$10 Beamboats

$100: Indo-Chinse

$80 Indo-China (Del.)...

Godowns, etc.

וי

78/1

Shells

$7

Waterbonde

$7.40

Docks, WhatYOS,

$103 $5

H.K. E. Wherrm❘ $102

#5

Providente

35

Providenie (DEW}

$23.90

[23]/24/201

$43)

:《』,

XD. 178

Mixing Kaljanu 1...

$10

Rache

produz

H.K. & W. Decks... $13

Del (209),

Sbaoghal Docks

New Enginearings B.

34 Yederumin Gold Plên 3 ots, Hong Kong Minos

Lands, Hotels and

$10

Building

H.K. Hotel

may

#39;

|H.K. - Lands

$100 Do.+4% Debensgres

$18) Shanghai – Landa -1.

|HK.: Realios

$6.90 106/5.90}

$301

$39/40

16

$71

Humphreys

.1

$101

Chinees Estain

Catton Millm

$41) Swv, (B)

$170 B'bai Cobiome (1)

$65Zoong Singa (3.) .... $48) Wing On Textiles (8.)

. Public UtilGen

18.30/18 1840 Tramwaje

$4 Peak Trasno (new} \\

Star Ferrien addin

Do. (B)

China Lights (0)

$8

Pink Trează joid}

Y'mati Perri

$100

ii

#::

!!!!!!

In Promotion

FULL OF ORDERS LONDON, Feb. 27, (Reuter)—

do. Ltd. will recommend to Share holders, at the forthcoming annual meeting. the following appropria-British shipyards now in produc- tion of the amount at credit of Fro- at and Loss Account at December 31. 1839, viz:-

Pay Dividend of B ..

tion are filled up' with orders, Mr. Winston Churchill, First. Lara the Admirals, sale on Sunday afternoon

The speed of their output will be increase and new yards will be arranged.

$100

$730

per cerit,"per" "An-"

78/11

num and Bonus

231/24

of 4 per cent. per Annum Place to General', Re-

serve Place to Spécial Re- serve for Extensions Pay Bonus to Staff And carried forward

$355,110,00

500,000.00

350,000.00 60,000.00

HONGKONG

to

new account

19/-

About

200,000,00

!!!!

F5 90/8

$100

| 291:40]

$179 $44

$18.35

$19.80

$971

$88 $28

$67 #27}

$8.90

$8.90

35 20 Chins Lights Now)

China Lights Rts.

$70

604/09 $211

H.K. Electric .......

$68

#69) (69/69 50

Macao Mestrian

Bandakan 'Lighla

#31

31.80/3g $11.50/75

22/-

$32.1039/31.80

12:10 ...

Telaphoon (old) ..............

11/11/12 Telephone (new)

19/6 Tractions egte 19/9 Tractions (prst.)

Industriala,

$14.90 Cald., Macg, "(Ord.) 8.

Cald., Macg. (Fred.) &

Canton Tow

Cemente

Rope Fra

Miscellaneous

Dairy Farm (Old)

Dairy Farm (New)

$12

$1

$10.80 $6

20.20.210

TA

$23.60 $22.60

#71

+

en

BONUS SHARE

The Board have decided to make an offer to members of the Company, as shown on the Register of Members on the 26th day of March, 1940, of one unissued share in the capital of the Company of the nominal value of $10 at a premium "of $2 in the proportion of one un- Issued share for every complete three issued shares of the Company theh held by such members respectively.

Shares so allotted shall rank for dividend a from the 1st day of July 1940. Forms of offer will be sent out in "dué

course.

י

H.K. STOCK EXCHANGE

The easing off in prices noticed. at the close yesterday was again in evidence today. However, in spite of this business continues on a generous scale.

BUYERS

HK Bank, $1480. Union Ins., $480. Hotela, $51.

Humphreys, $71.

Tramways. $18.20,

Yaumati Ferries, $271.

Electrics, $68.

$20

$6

933+

#27

Ropes, $6.

Ch. B'ainmante

$7.40

SELLERS

Constructions

(OM)

$1,85

Constructions

(now)

H.K. Bank, $1480,"

Lane Crawford......

38

Hotels, $5.80.

Nanyang Tobaco0 ....

831

Lands. $41.

$1,80 ginoreS

82

Tramways, $18.40.

39.66

$9.60

$0.60

Electrics, $69.

FAR

$1001

H.E. Govt. 4% Losan.

100%

MA

*

$95

H.K. Gori. $1% Losa

96%

#41

H.K. Wing O

$41.

d'hal Wing On

810

TINGK

#B)

Vibro Piling

$0.10

14/D

31

Wm. Powall.com

Watrous

30%, Ch. G.5% 1996G Bds.

| Marsmans Inv. (LOR.).

Marsmans Inv. (H.K.)

*Baler to Shanghai

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Feb. 26,

The following quotations are the middle prices at the close of the market in London, All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.

668

Chosen Corporation...... 6/8 Pekin Syndicate.......

1/6 15 S'hai Elec. Constr. Co. S'ha! Waterworks "A"... 141 271 Union Insurance ...... Gula Kalumpong Rubber 21/10 Allied Ironfounders

14 Asso. & Elec. Industries 42/6 Austin Motore, ord.

16/9 Cable & Wireless, New

Form, ord.

37/9/

Telephones (N), $124. Watsons, $9.80.

Entertainments, $7.30.

SALES

H.K. Bank. $1480/75. Bank of East Asia, $77.

Union Ins.. $482.

H.K. Docks, $241/241/23.60

Providents, $5.05/5.

Lands, $40/401.

Realties, $5.

Tramways. $18.40/.25/.30

Yaumati Ferries, $28. China Lights (0) $8.80.70 Electrics, $69/684

Telephones (O), $314/314/31/ Telephones (N), $12/12.10. Cements, $20.10/20.20/20. Ropes, $6.10.

Dairy Farms (0), $23.90/23.80. Watsons, $9.80.

MANILA GOLD SHARES Atoks 188, Antamok 15s, Baguio Gold. 20b, Batong Buhay 01s, Big Wedge 201s, Coco Grove 1248 Con.. Mines 00355, Demonstration: 12s, LXL 361s. Ipo Gold, 104b, Itogon Mining 26s, Manbulão Con. 013b, Masbate Con. 09is, Mme Operations 104s, North Gamarines 094b, Pare- cale Gummiaus 226, San Mauricio 80s, Surigao Con. 195. Suyoc Con, 1218, Syndicate Inv,, 022b, United Paracale 285, Mindanao Motherlode: TOTE

ון

Of Liberal Trade

WEDNESDAY, FEBRUARY 28, 1940, --PAGE

1940 WILL BE A BUSY YEAR FOR SZECHWAN

A large number of projects for the development of agricul ture and industry in Saechwan are afoot and their completion: is mostly marked,Tof this year

clothing products

To" increase, the production of foodstuffs and material, to promote the cultivation of exportable and to field möre raw materials for military purposes are the three main tasks which the reconstruction department of the Szechwan provincial government has set before itself.

to

Efforts, will be directed toward The Szechuan Provincial Bank, the propagation of, improved which is planning to increase, its- varieties of rice, wheat and cotton capital to 1000,000, in 1940, hez in the province Improved cocoon been asked

gire, as much, PLANS TO MEET eggs will be distributed both financial assistance to the various NEED FOR BIGGER spring, and autumu in order development schemes as possible. to produce 11,000 picula of ex- Ai pragent there are some PRODUCTION cellent raw six for export, chiefly 60 chin-ku or rural banks in.

to the United States, Then, 30, Szechwan The, new plan is to WASHINGTON, Feb 27 (Renter) (000,000 mulberry sapings will be increase the number "to 100, this. The resolution for continuiar transplanted from the United States present Trade farms throughout the territory. loaned to the farmers, to improve nurseries to year, so that more money will be Pact Programme for three years,

from Jane 12, which was approved In Yungchang and Lungchang, their products and their own by the House of Representatives two districts famous for their livelihood at the same time on Friday, will be considered by white bristles, the hps population

A survey shows that throughout Senate "this

will be increased by another 10.000 Szechwan, there week. The

this year so that white bristles. of government and commercial banks are about 20 resolution is expected to recelyn a

the

Senate,

POST-WAR NEEDS

such

SHAREBROKERS'

ASSOCIATION majority of at least eight in the better quality will be available and over 200, native banks. As they for export in the following years, are concentrated in a few big Preparations are also being made cities,

as Chengtu and to raise 25,000 sheep. this year Chungking, the provincial authori- 500 $ 8.70 Mr. Cordell Hull, addressing the chiefly for their akin

Many ties are arranging with these 1,000 8.75 Senate Finance "Committee. de Szechwan counties will share banks to establish mqre, branches. clared that the continuance of the 2,000,000 young, tea, trees, to be The four government banki have 20.10 Trade Programme was necessary planted, as part of a programme been, approached for a similar 20:20 to help to establish sound, world to make. Szechwan an important purpose.

5,00 conditions after the war.

on Tuesday, Feb. 27, 1940.

China Lights (0) China Lights (0) "China Lights (0)

100:

Cements

125

Cements

500

China Providents'

3.500

China Providents

1,000

A.S. Watson's

"500

H.K. Docks

150

1,500

HK. Docks

HK Docks

H.K. Docks

550

8.80

producing area

$.05

He said: "Unless we continue to

Expectation is high, that the 9.80 maintain our position of leader-

MORE CO-OPERATIVES. Szechwan Hsin Yih Bank, which.. 23.50 ship in the promotion of liberal The formation of more co-will be formally inaugurated in 23.80trate policies and urge" upon operatives especially. In districts March with a capital of $30,09¶z, 23:75 others the need for adopting such producing cotton, wood, oil, silk, 000, will do a great deal toward 24:00 † policies as the basis for post-war paper and other cash products financing the development plans ... 24.10 economic reconstruction, the fu- will be sought. Meanwhile, the to the province. The new ban 2415ture will be dark indeed.

provincial authorities are, also which will be joint enterprise: keen on setting up a few more of the National Government-and^„ alcohol plants They will use the finance department of the molasses sugar of which districts 8zechwan provizicial v ́government,e the world for a vastly in-near Chengtu have an abundant will invest mainly in heart

indugres (C. 1 Đ

precendented need throughout

HK. Docks

H.K. Docks H.K. Docks H.K, Docks

1.100

900

100

H.K. Hotels

1,500 3,500 500

H.K. Telephones (0) 500

24:50 3.80 31,75

24.251 "At the termination of the hostilities there will be an un-

EK. Telephones” (0)^-200

31.00

creased production of useful

HK Telephones (N) * 375 ILK. Telephones (N) 350 H.K. Electrics.... H.K. Electrics H.K. Lands

11,50

1210

Foods of every kind. Only if this vital need is met can

OUT

50. 68:25

country,

50

68.50

300

40.50

2,000

18.25

1,500

500:

H.K. Tramways Ropes Realties"

and all countries,

hope for full employment and: higher living standards."

Washington is jubilant at the 6.10 House's approval of the Resolu 5.00 tion::

SZECHWAN FARMERS

RICHER IN 1939.

supply

IRON AND STEEL GOLD SAND PLANT COMPLETED

A new iron and steel works, one RIVER TO

÷

of the first entirely built in Free BE CONQUERED

China, will shortly start production

་་

to meet one of the most essential A crew of eight sallors and ex-i requirements of heavy Industry in plorers representing various gov

ernment organisations interested the inland according to the Ta in navigation have arrived in Kung Pao & Chungking dally. Kunming from Chungking to start This plant, part of the enterprise a trial cruise along the Gold

Sand jof the semi-ometal

River through Yunnan, China Szechwan and Sikang provinces. Industrial Company, is equipped with mostly China-made.

má-

When this great, undertaking, is successfully.. concluded,, anothers river, uncontrolled and unutilized.:

Farmers in "Szechwan Province were at least $20,000,000 richer last year through the introduction of modern farming, according to the Szechwan Agricultural Improvement Bureau, Through an increase in its bureau, every farmer in Szechwan budget from $2,000,000 to 8,000,- has an average of $1.85 mow of chinery. 1000 this year, the Bureau is ex- cultivated land. This explains the Located somewhere, in Szechwan for thousands of years, will be pected to extend ita activities con- degree of intensive farming in most Province, the plant.Is unique, in turned into an artery of com- siderably Special emphasis will be regions of Szechwan and the need that it has a number of furnaces munication in West China. paid to large-scale growing of tea for promoting rural supplementary designed and inanufactured by The party will start their test and tung trees and the industries and the raising of Chinese themselves. Am electric voyage from Chinkiang. the source sclentine rearing of silkworms.livestock, In Szechwan, the bureau furnace, part of the old property in Yunnan Province of the Gold The Ministry of Economic Affairs found 33.12 per cent of the farmers of the company, will be used for Sand River and sail as far as Ipan has granted a subsidy of $4,000,000 own their land, 43.2 per cent rent smelting steel. Szechwan has a in Szechwan Province. Junks will for the promotion of its progam their land and 23.83 per cent own coal reserve of over nine billion be used in the trial journey which, mes in 1940,

some of their land and rent the tons and an iron ore reserve of a it is hoped, will be completed in According to the statistics of the rest.-(CIC.)

million tons.-(C. I. C.)

two months.--(C. I, C.)

to

SHOE CO.LTD

HONGKONG SUPPLIES ALL. KINDS OF FOOTWEAR

THE MOST RELIABLE

RAUB GOLD REPORT LIQUID INSECTICIDE

Raub Australian Gold Mining Co., Report No: 556.

Fine Ounces 1807, Profit $47,000.

LONDON METALS

£

War Loan, 3% (Red

after 1952)... Canton-Eloon Rly. 5%

DO-3/8

65

16

Chinese 41% Gold Loan"

B.-A. Tob. (bearer)

101/9;

Mexican Eagle

12

-1898 (Brit; Issue)

80

Cammell Laird, ord.

8/6

Chinese 5% Gold Bonds.

1925-47 ..........

Mexican Eagle

6/71

60

Courtauldz

Chin. 41% Anglo-French

Loan, 1908 mới

Distillers

70

50

Dunlop Rubber

Chinese 5% Crisp Loan.

34/3

Gen. Electric (England)

1/6

1912

30

Guinness (A) Són & Ca_76

Chinese 5% Reorg. LoaN.

1913 (Ldn. 15.)

40

Hawker Siddeley Airc... 14771

Bristol Aeroplane.

16

Chinese 8%. Ster. Notes.

Imperial Chemical Ind.

1925 (Vickers)

12

Imperial Tobacco

33. 122/6

Chin Imperial Rly. 5%

.. Loan

55

Marks & Sp'cer "A" ord." 54/41.

Rolls Royce ..............

00

Honan Rly, 5%

18

|Leyland Motors

19

72/104

Tate Lyle

54/10)

Turner & Newall

17

244

Smethwick Drop Forg.

15"

14

Armstrong Stevens, ord.

6

20

Pressed Steel, corn,"

10/71

Vickers, ord.

18

21/6

Woolworths

66

Ticntain-Pukow Rly.5%

Anglo-Dutch

28

(German 8tpd.)

18

Rub, Plant, Invest. Trust

Standard, Casm 247 Standard.

247-1/4

Tientsin-Pukow Fly, 5%

(Brit, Etpd. Supl Loan) 16

·34/3

Burma Corporation/T Commonwealth -- 38ining

Tientsin-Fukow Rly.5%

Maraman Investments

(Ger. Stpd. Bupl Loan)

16

Jap. 5% Ster. Loan, 1907

52

Jap. 6% Ster, Loan, 1924 553

Ger, 7% Intl. Loan, 1924

Randfontein Estater Western Holdings ...... Bub-Nigel

14/9 35 13/13.

******* 186/3

Tanaini Gold- Mining

‚éd.'

Chartered Bank .....

9

Anglo-Iranian

HK. & Shal Bank (Ldn.

Reg.)

Burmah

58/14 72/6

HK. & Bhai Bank (Col.

Reg) Chinese Eng, & Mining

(bearer)

78/1/

91

17/01

Hukuang Rly. 5%. 1911...

Hukuang Aly 5%; 1911

(German Issue)

Lung Taing & U. Hai

è'hai-N'King Rly: 5%.... Tientsin-Pakow Rly, 5%

(Brit. Stpd:)

Rly.5% 1913 .......

འ སྐང

United Steel

Shell Trans.

(bearer)

-Nominal

-ex-dividend

EXCHANGE

London, Feb. 26. (Reuter). Kellers

3 months 246-1/2 246-3/4

LONDON GOLD

London, Feb, 26 (Reuter), Bar Gold Fine per oz., 188. NETHERLANDS LOAN OVER SUBSCRIBED THE HAGUE, Feb 21 (Reuter). The Netherlands new 300,000,000 guilders Toan has been "prez- subscribed.

_GER IT'S SWELL-

NOT TO BE BOTHERED WITH

FLIES WHILE

WE EAT!

THAT'S BECAUSE. E SPANKED WITN FLY-TOK & USE ST BEFORE EVERY MEAL, NOW

DEMAND THE GENUIN}

FLY-TOX

Obtainable at all leading Drug and Department Störés

"Sole Distributors !. UNITED TRADERS'

HONG LONG

Hongkong Daily Press CLASSIFIED

ADVERTISEMENTS

Jimmy's

BUTTERICK LADIES TAILOR

Winter Bale

Ready made Overcoat and Dresses made to order. No. 16 Wyndham St. Tel. 23615.

Flower Bulbs

of

Gladioli and Begonia

direct from

Holland

obtainable at

GRACA & CON Dealers in Garden Seeds, Postage Stamps, Picture Books etc., etc.

Wyndham Street Hong Kon.

Estabilahed 1806

YOU CAN NOW EAT:

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 Ready. "Phone 50233 and 34, Granville

Road. Fhone. 59433. :.'

HOTELS

COOKED IN THE

RUSSIAN FOOD RUSSIAN, WAY

TABLE D'HOTE $1.00 ALSO A LA CARTE AT THE

METROPOLE HOTEL

1940 ZENITH,

NEW MODELS " Just-arrived

NO AERIAL, NO GROUND, Jast plug in and play CHUEN YEE HONG Voeur Road CS

ENGRAVERS

FEL-FEI & Co. Photo Engravers 18. Cochrane Street, Telephone No. 22224”

TEA DANCE...

DAILY

5 TO 7.30 PM, MUSIC BY THE METROPOLE BWING BAND

Telephone, 24311.

AUCTIONEERS

BARGAINS IN PORN

JAMMIRATES

IN

STAN FAKE 1

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