HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Bayers | Bellors

SHAREBROKERP ASSOCIATION

Nominal

WED.. 6.

MAR.

Rajara Baliers Badoonima I

Banks

50 cts.

FINANCE

Finance and Commerce

Industry Will Not Suffer

BRITISH & FRENCH

PLANS TO MEET

EXPANSION LONDON, Mar. 6 (Reuter

Both here and in France steps are being taken to see that indus.... try does not suffer from the fact

SETTLEMENT OF

MEXICAN OIL.

DISPUTE?

MEXICO CITY, Mar. 8 (Router) -Senor CastElo Majers, Mexican Ambassador in Washington,' has returned here and declares that

for he has brought basës

1

Blockade Holes To Be Sealed Up

U.S. EXPORTS TO EUROPE

general settlement with the Sin- WASHINGTON, Mar. 8 (Renter) elair oll Interests for a settlement-The arrival here of Mr. Ashton o their claims for properties Gwatkin and M. Rist to discusa which were expropriated.

British contraband measures, is

TERMS OF AGREEMENT being connected in some quarters The agreement would consist in with the recent reports of strong the payment of a sum tentatively | British action to seal up the that fts keymen are in the fight- | fixed and the signature of a long-['blockade. holes through which ing forces.

term contract under which the American exports are still reach-

$1460

-

#1460/60...

H.K. Baaks

£92+

Do. (Col. Bag)

B1460 201

£91

Do. (Lon. Bog)

592

.. £9 5/16

Chartered Bankı *****

31

Mercantile Bku. "A

...£9 6/16

£19

Marentije Bka. “Od!

Lait

$77

Bank of Kami Asis „A

£19 $77

N. C. & S. Fenks ...

Insurances

1217 $480

Canton InsurTIONS

$297}

Union InsurRMOGE

$480

$1

Underwritem

50 ota.

$185

¡H.C. Ficus

$185

Shipping

$115

!!!!!

Douglassa

$110

$10 teamboa

$100 Indo-Chinna

{Prot.}

$10 8100

$80

Todo Chinas {Daf.).....

$120

80/0

Shella

80/0

Waterboste

$7.40

Docks, Wharves,

Godowas, ate.

103

H.K. & K. Wharves | $100!

$5.20 Providente

$3

$5.10

Providenie (DOW)

$23

...

H.C. & W. Dooka...

$93

Ji.

Do. (new)

#39 Shanghai Dooks §.....

New "Engineerings

Mining

837

18/0 Kailans

18/-

:

$10

Barbe

$104

me

· 24

Vaperoola Gold Fide

23+

4 eta

Hong Kong Mine ...

Lands, Hotels and

$38

$381

Baldiage

$5.70 H.K. Hotal

H.X. Lands ...........

1100 (Da, 4% Babenkerros $16.40 Shanghai Lands 8.

$39)

B.K. Baltio............ $72 Humphreya ke

#3

38

106 Chiness Estados

Cotton Mil

::

$3,00

$100.

$394

$179

$65

127

1:5

$67

827

840 Ewo (B.)

3170 8'bai Cotton

(B.) ...

::

#1

180 Zoong Sing (3.)

9454 Wing On Textiles (8.)

$100

Public Utilities

$18.10

16.10

318

Tramways...

$18.25

18

Peak Trame (old).......

$4

#57

Peak Trams .(NOW) ....... Star Ferrim

827 mati Farrios

4.

*Do. (new)

$8.45

$8.60 $5.05

China Lights (0)

$8 30

China Lights (New)

W

Chies Lights Eta."«

$87]

892

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

8681

Sandakan Lightin

$29,80 Telephones (ok) ............

-----

#291

817 Telephones (new)

C.D.

21/9 Traction

| $11.401.30....

22/-

$7.40

23/0. Tractions (pre)

"Industrials

814.80 Cald., Mac. (Ord.) 8.

$12 Cald., Macg. (Pref.) 8.

81

1818.801/70

123

$22

Canton Lowe.

Comeste

10.10 Bop

81

*

Miscellaneous

Dairy Farm (Old) Dairy Farm (Now)

Ch. &'tainme

Constructions (pid} Constructiona

$7] Lane Cmwfords

Nanyang Tobacco...

$1.80 Bincares

$9:70 Wisco

51%. Ch. G.5%, 19350 #Bda. $100 FK. Gort, 4% Loans

$7.40

$10

The British Army has released Sinclair Interests would purchase | ing Germany. 15,000 Reservists for three months Mexican oil

and the calling up of men engaged on work of national Im- portance will be postponed.

IN FRANCE

In France, new labour decrees |

are designed leave at their work |

who cannot be replaced easily and farm. labourers too will

Anglo-French Trade Talks

. In London

While official information is lacking, diplomatic sources here point out that American exports to European neutrals have all in- creased

and while, most of the neutrals are naturally anxious to build up reserves, the combined American exports to Europe are reaching proportions equal to stay on thet farms, while women

LONDON, Mar. 6 (Renter)-normal shipments to neutrals and and children will be drafted to Anglo-French' trade talks spon-

Germany. farms where there are not suffi-sored by the Federation of British

Another suspected leak elent volunteers

Industries, opened In London Yes-aviation petrol, exports of which through Siberia, particularly of Other occupations in France terday when Lord Dudley Gordon, in which women can take over President-elect of the Federation, have been considerable for some

months. men's work are now being listed. welcomed the visting delegates.

REDUCTION OF EXPORTS LESS UNEMPLOYED

including the heads "pf a wide

forecast Here, in Britain, expansion of group of French industries, in- Well-informed circles industry is reducing the number cluding coal, chemicals, wool, cat-that the Allies will shortly make

unemployed. The February ton. metals and engineering.

figure was down by 600,000 over the figure for a year ago.

LONDON 'METALS

EXCHANGE

"London, Mar. 5 (Reuter). sellers

puvers TIN

3

1

$8.60 $5.55/30

| Standard, Cash 254-1/4 254-1/2 #68/ 67.75

Standard.

820 #8

82a

РЫ

$9.70

#!

31.86

$9

83

$2

100

96+% $42

$2.10

$1

3 months 253-1/2 253-3/4 Standard.

Set'ment Price 254-1/2 Straits

279-1/2

Bank Of East Asia, Ltd.

PURPOSE OF TALKS

a

a more in Washington aimed at securing a reduction" of exports from America if war is not to con- tinue indefinitely, because 14 enormous trade with neutrals is

Lord Dudley Gordon. f speech, said it would be the pur- pese of the discussions, to see allowed to continue, It will partly where and how "Anglo-French in-nullify the Allies' gain from the dustries could

best co-operate. neutrality legislation, especially as Such collaboration would serve the terms under which the Allies not only to hasten their success in are buying war material, includ- the struggle, but, after the war, ing planes, are abnormally stiff. to make a valuable contribution: to the establishment of a stable and enduring peace.

H.K. REALTY AND TRUST CO., LTD.” Subject to audit, the balance at credit of Profit and Loss Account at December 31, 1939, including $26,855.88 brought forward from; the previous year, amounts to $109,- 246.33, which the Directors at the

The terms represent practically the provision of funds for the ex- tension of the plant necessary for large production of planes, while the price or planes so produced

remains, exorbitant.

Oil Supplies To China

LONDON, Mar, 6 (Reuter)-Re-

THURSDAY, MARCH 7, 1940. --PAGE 9

TO-MORROW.

AT THE

KING'S

·A· PICTUREJ DEDICATED" TO THE ROYAL AIR FORCE

The Lion has Wings

Starring

MERLE OBERON RALPH RICHARDSON'· JUNE DUPREZ An ALEXANDER KORDA Production-Released Thru United Artists

COAL FIRES

BURN BRIGHTEST & LONGEST WITH

HONGAY

EGG COAL

FOR PARTICUÜLARS PLEASE APPLY:-.

SZE WAT & COMPANY

42, BONHAM STRAND WEST

TEL. 22194

The following is the report of the forthcoming Ordinary Yearly Meet-plying to a question in the House directors of the Bank of East Asia, ing of Shareholders to be held on of Commons yesterday, Mr. Geof- Ltd., to be presented at the twenty-Tuesday, April 2, 1940, will recom-frey Lloyds, Secretary for Mines, not producers of oil in India and first ordinary yearly meeting of the mend appropriating as follows:- said that no oil products had been | Burma, have made available cer- company to be held at the Com-

To pay a dividend of 40 cents sold by the Burma Oil Company to tain supplies for China, on the pany's Registered Office No. 10, Des per Share on 200,000 Shares $80.- China and no such sales were con- understanding that the equivalent Voeux Road Central, on" Saturday, 000.00. Mar. 16 at 3 p.m.

ACCOUNTS

"The proft for the year, including the amount brought forward from fast year, and after paying all ex- penses and charges and providing for all bad and doubtful. debts..and cther contingencies, amounts to H.FL.3837,312.73 which the Directors propose to deal with as follows:-

H.K.$

To pay a Dividend of $8 55,984 per share on shares.

335,916.00 To transfer to Reserve... 100,000.00

To pay a bonus to the

the staff

To carry forward'

18.135.23

383.261.50

HK$ 837,312.73

templated.

Carry forward to next Account $29.246.33.

SHOE CO.LTD.

"

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

884

$961 H.K. Gori. Bj%Losa

341

H.K. Wing On

S'hai Wing On

181

Vibro Filing

14/0

Karamans Inv: {H.X.)

31

#Balon

{Marsmans Liv. (Lon.)

Wm. Powells

to Shangha

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, March 5.

(bearer)

The following quotations are the Chosen Corporation middle prices at the close of the Pekin Syndicate" market in London. All quotations S'hal Elec. Constr. Co. ...

are subject to confirmation and no responsibility is assumed for errors lo transmission.

18

6/0

1/6

$15

M

S'hai Waterworks “A” „. Union Insurance

16

28

£

War Loan, 31%

after 1952)

(Red

Gula Kalumpong Rubber 21/10) Allied Ironfounders ...... 14 Asso, & Elec, Industries 42/104 Austin Motors, ord.

17

-99-9/16

Canton-Kloon. Rly.. 5% 15

| Cable & Wireless, New

Form, ord.

1

814

Chinese 1% Gold Loan

*

B.-A. Tob, (bearer)

103/9

1898 (Brit. Issue)

57

E

Mexican Eagle

121

Chinese 5% Gold Bonds.

1925-47

Cammell Laird, ord.

51

Mexican Eggle

Chin. 41% Anglo-French

Courtaulds

Loan, 1908

50

Distillers

60/9

Chinese: 5%. Crisp Loan.

Dunlop Rubber

33/71

1012

29

Gen. Electric (England) · 81/101

Chinese 5% Reorg Loan,

Gunners (a) Bon & Co. 30

1913 (Ldn. Is.)

Chinese 8%, Ster: Noter.

Hawker Siddeley Airo. ... 14/3 Bristol Aeroplane .................... .16

1925 (Vickers)

11

Emperial Chemical Ind. 32/4.

Chin. Imperial Rly. 5%

Emperial Tobacco.

125

Loan

$5

Marks & Spicer "A" ord.

53/6

Honan Rly. 5%

Rolls Royce

01/3

SELLERS

Hukuang Rly. 5%, 1911 19

Leyland Motors

74/41

Bukuang Rly 5%, 1911

Tate & Lyle

54/6

German. Issue)

Turner & Newall

86/9

Lung Tsing & U. Hal

Rly, 5% 1918

S'hai-N'King Rly. 5%

United Steel

23/8

Tientsin-Pukow Rly. 5%

(Brit, Btpd.).....

Tlentsin-Pukow Rly, 5%

ཤཱa-སྒ་ལྷ་ཐལ

Smethwick Drop Forg, ...

15

20

Armstrong Stevens, ord.

6

H. K. Trams: $18,10

Pressed Steel, com.......

16/7

14

Vickers, ord.

2016

Woolworths

64/41

Cements $19.6D...

Anglo-Dutch

25/8

Rub, Plant, Invest, Trust. 34

Burma Corporation.

10.

|HONGKONG

188/9

9-5/18

64.

Cements

Anglo-Iranian

55.

Burmah

71/3

Shell Trans

Trad.

(bearer)

80

China Lights (Old).... EK. Docks

500845

0,600

500 27.80

Nominal

The total value Ps.550.

$77,275 and

of the supplies are simultaneously The Burma Oll Company, on he-repaid at a port in Burma or half of other companies, who were India.

Hongkong Baily Press CLASSIFIED ADVERTISEMENTS

OR 25009..

No question has, therefore, arisen of 'supplying China”‚at... · the expense of Burma or India and the effect on exchange is exactly the same as if the im ported supplies were sent direct to China.

MARBLE HALL

(and Annexe Private Hotel).“ 34, Granville and 103, Austin Roads, Kowloon, tennis courts. Beautiful garden Rooms, and snites, with private bathrooms, All modern conveniences. Apply: proprietress, 163, Austin Road, Phone 50233 and 34, Granville Road. Phone 59433.

(German Stpd.) 14 Tientsin-Pukow Rly. 5%

(Brit.Etpd. Supl. Loan) 14- Tientsin-Pukow Rly. 5%. (Ger. Btpd. Supl. Loan)

14

Jap. 5% Ster. Loan, 1907. 541

Jap. 6% Ster: Loan, 1924 57

Ger 78% Intl. Loan, 1924 7

Chartered Bank

H.K.Bhat Bank (Lan.

Reg......

H.K. & Shai Bank (Col

Reg)

Chinese Eng. & Mining.

DIRECTORS

In accordance with the Articles of Association of the company, Messrs. Li Lan Sang and Fung Ping Wah retire but being eligible, offer themselves for re-election.

AUDITORS

The accounts have been audited by Messrs. Percy Smith, Seth and Fleming who retire, but being eligible. offer themselves for re-

8/41 6/104 36/101 election.

| Commonwealth. Mining

Marsman Investments 14/8

| Randfontein Estates ... 39/41

Western Holdings ....................... 16/147 Sub-Nigel

Tanami-Gold Mining

H.K. STOCK EXCHANGE

The short session resolved itself} into a period of idleness

BUYERS

H, K. Wharves, $103).

H. K. Docks, $231,

China Lights (New), $5.60

SALES

Hongkong Banks, $1470,

E K. Mines, 4 cta

China Lights (Old), $8:45.

Electrics, $574. "

SHAREBROKERS'

AUCTIONEERS

GREATEST COLLECHON OF BARGAINS IN TOWN)

20

LAMMERTS MEDALON ROOM

Her EYES Won Him

CLEAR. MILKY WHITE LUSTROUS THOUSANDS CLEAR ETES, La Biomis ar En W FYES reddened or prominently veined by late

hours or ovæ indul more thousands of girls now class them in: secondar" With new sežantile EYE-] GENE, And what's difference when whites are clear (sapariling white! Money bạck 11 fi fall, Rafrmban iscothee Fred syss like magić. Staines-mie. Get

EYE-GENE at any drug or department sŁOWE,

EYE-GENE

Obtainable at all

leading Drug & Department Stores

Bole Distributors:

ASSOCIATION UNITED TRADERS-Hong Kong. Volume of Business Transacted H.K. Hotels

on Wednesday, Mar. 6, 1940 / HK. Tramways

-500 $19.80,

500 $19.75 Mine Operationé 500, 19,61

100 22.78

500

5.50

1,000:18:10

500 18.10

ENGRAVERS

FEI FEI & CO.

Photo EngraveraTM

18, Cochrane Street, Telephone No. 22524,

Jimmy's

BUTTERICK LADIES TAILOR

Winter Fale

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 & CO.

Dealers in Carden Seeds, Postage

5,000 Ps. 11 Stamps, Picture Books etc., etc.

No. 10. Wyndham Street.

Hong Kong Established 1898. /.

YOU CAN NOW EAT:-

HOTELS

TEA DANCE DAILY

RUSSIAN FOOD RUSSIAN WAY

COOKED IN THE “

TABLE D'HOTE $100 ALSO A LA CARTE

AT THE

METROPOLE HOTEL

1940 ZENITH

NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG

54 Des Voeux Bond C.

THOMPSON

LADIES'

5 TO 7.30 PM.

MUSIC BY THE"

METROPOLE SWING BAND

Telephone 24311.

TAILOR

MODERN DRESS

CHEAP SALE

38,

NATHAN BOAD, KOWLOON.

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