HONGKONG DAILY PRESS
M
HONGKONG SHARE QUOTATIONS
SHAREBROKERS' ASSOCIATION
STOCK EXCHANGE -
Bayer Ballers
Balon Nomina
WED.. 13.
Bayers Ballarn
3
4871
$1300 $1490
+24
£93 *£93 £0 6/18
$232
MAR. "
Banks
E.E. Banks
Do. (Col. Bag.)
Do. (Lon. Reg.) ** Chartered Banks
(431) |Marcantile Bks. “AR 2198 Marcantils Bks, "0" 877 Bank of Beat Asin ...
[N. C. à B. Banka ....... Insurances
$120
###
Bainominal
И
$1498
$1480
£93 £03
... £9/5/16
£317
£198
$77
160-ota.
$1
Canton InsuPKMENS VA Union IntoTRBON *** Underweribot
134
$490
$600 100.cts
$10 Btesbo
$165 H.K. Bed
Douglas
$100 Indo-Chinsə,
Indo-Chinas (Del.).......
$185
Shipping
(Prof.)
$190 #104
$100 $120
78/1
$7.40
227
$90
18/1
Bhalla
$
| Waterbonis
Docks, Wharves,
Godowns, eRE.
$103 31.00
H.K. & L. Wharves $103
$5.15
Providente
$5.05 $8.10 $8.10 5.15...
{Providenta (new)
$29)
123
E.I. & W. Dook...
Do." ()
$294
323
| $22.90
AN
839 Shanghai Docks 1.
$38
!!!!
18/6 Kailan
18/9
$10
Rasbe
8101
B4
$3
!!
434
New Engineerings B. Mlains
Venezuela Gold Fide
4 cta Hong Kang Mines ...
Lands, Hotels and
Buildings.
H.K, Hotels
XD. H.K. Lands ....................B.
36.30 $5 $37
X.D. $37
1100 Do. 1% Debentures
15.10 Bbanghai Lands 8.
073
H.K. Bolsin
Humphrey ........................di
#105 Chiasse Estates
Cotton Mills
$43) Ewo. (8.).
$170 Bhat Cations (5.)
$65
Zoong Sings (8)
$48 Wing On Tartiler (8.)
Public Utilities
"$18,10 /15) --- Tramways
$18.15
$97
8674
$201
FINANCE
Finance and Commerce
KWANGTUNG'S WARTIME S.M.C. TO CURB
FINANCE
Kwangtung's wartime finance" has been placed on a sound basis. This is proved by the fact that under extremely difßcult times, the provincial budget was balanced at $30,000,000 without resorting to borrowing or placing extra burdens on the people
When the Japanese occupied 'Canton in October, 1938, the enemy as well as the Chinese themselves came to the con- clusion that Kwangtung's finance had been dealt a fatal blow. For, of a total annual revenue of $30,000,000 more than 50 per cent came from Canton, Later the enemy landed At Hainan Island and in June, 1939, in Swatow. The port had, in former years, provided Kwangtung with an annual income of $3,000,000.
PRICE SOARING
IN SHANGHAI
י
CHUNGKING, March 19 (Cen- tral} The Shanghai Municipal Council has decided to adopt the Emergency Time Measures for the Stabilisation of Commodity Prices and Suppression of Speculation's and Manipulations and the Emergency Time Measures for the Administration of Agriculture, Mining, Industry and Commerce promulgated by the National Clov- ernment to curb boarding and "All these storms, however, were trained for Kwangtung's financial manipulations by unscrupulous safely weathered by Mr. Y. C. department,
merchants which are responsible Koo, Kwangtung's finance com- Mr. Koo has been exerding his for the present roaring" of' com- missioner since January, 1938. He efforts for the promotion of the modity prices, says a Shangha1 is concurrently president of the overseas. remittances which, report. Kwangtung Provincial Bank Kwangtung authorities
Hitherto manipulators arrested admit, whose net profits of $13,000,000 haye bean of invaluable help in the International Settlement last year were the cause of a Attention is being paid to the ex-bave been punished in accordance feeling of relief among official tension of farm loans. The bank with the 9. M. C. police regula- circles.
is also running rural service tions providing not more than Mr. Koo is a graduate of the stations to bring about closer fifteen days detention. The laws University of Ohio and New York relations between the bank and promulgated by the National Gov- University. He was a member of the the people, and to promote massament provide heavier punish.... Arst Chinese silver commission to education, health work, and co-
ment. the United States in 1936, with operative enterprises in rural dis- Mr. K. P. Chen and Mr. P. W.¡tricts.
NAZIS' INTEREST Kuo. Upon his return. "he was
Thert Was 2 general re- IN RUMANIA'S made president of the Kwangtung organisation of the revenue Provincial Bank. Much of his administration when the
OIL EXPORTS efforts
and" energy
then were
check" and balance system was LONDON, Mar. 13 (Reuter)-In devoted to the stabilization of
introduced, "War has given the House of Commons yesterday. Kwangtung's currency. More than. us the best opportunity for a Mr. R.H. Cross, Minister for $200,000,000 specie, gold and
radical readjustment of the Economic Warfare, in reply to a foreign exchange were handed order of things, which was question as to whether during over to the Currency Reserve Impossible In peace
recent weeks. German interests Board.
Mr. Koo pointed out.
had intensified their efforts to The growth of the provincia! For better control and acquire control of Rumanian oll bank since Mr. Koo became the supervision of Its subordinate companies, said that the Govern presidens, may be shown as offices. the finance department is ment was fully aware that Ger- follows: The bank's branches making extensive use of radio man Interests were constantly have been increased from ten to and telegraph. The amount of re-making every effort to increase eighty over all the province. venue collected is reported to the the quantities of oll available for Branches are also maintained in department from time to time by purchase by Germany. Kunming. Chungking, Kwellin wireless or telegram. Payment is This, at all times. was the $67.60 Hongkong and Singapore. ". often made by the department subject of close attention by the
The savings entrusted to the by telegraphic transfer. Mobile Government.
amounted to $25,000,000 inspection and examination units
$37
X.D. 37
$54 XD. $100
88
$424 $179 $65
$100
818.40 $18.10.20
$8
| Peak Tenisa folā}
$8
Peak Trans (SOW) ... Star Ferries
**
$67
$27 T'mati Farring
Do.
$8,35 Chin Lighia (0)|
$5.55 China Lights (New)
$281
$3.10 Bot
Chios Lights Rte.
H.K. Electric
822
Macao Electrice .......
311Bandakan Lights ...
bank
Telephones (old)
g:
$11
Telephone. (DOW)
$28 $11
C.D.
$1/9
Traction
20-
23/0
Tractions (prof.)
$19.40
Industrials
$14.90 Cald., Maog. (Ord.) 8.
81%
Cald., Macg. (Prof.) B.
#1
Canton Ios
¡Comanda
$5.50 Ropes un
Miscellancour
31
$19,50
$5.60 $5,80
$221
829
$7.40 Ch. É Minima
$14
i
Constructions
Constructions
$71 Lane Crawfords
Dairy Farm (Old)
$23
}
Dairy Farm (New)
#22
$7.40
Nanyang Tobaco....
$1.80 Binceres
80.70
Watsons
51.Ch. G.5%, 1996G $Bds,
$1001 H.K. Gort, 4% Loans
506
(HLE Gori H%Loss
341 H.R. Wing O......
£87
34/9
31
[B'hat Wing On
Vibro Piling
Maretmana Inv.” (Lan.)
| Maramana Inv. (E.K.)
Wm. Powalla
Bale
to Shanghai
:
$128
38 $3,
39.75
50%
991.
954%
$10
::
$9.10
$1
ויי יי.
time,"
∙15
finance department has anti-smuggling
MAIN INTEREST
when Mr Koo assumed, once: have been organized to check the STOCK EXCHANGE:" these deposits are now tripled. revenue service. The remittance handled by the The bank was $90,000,000 in 1938; it established went up to $140.000.000 last year. The oversen remittance grew from $24,000,000 in 1938, and to $30. 000,000 last year.
YOUNG MEN
Much of the success of the bank: is attributed to the group of young men who serve. In the bank: In addition to the group of 300 youths trained by the bank, 500 additional young men
- H.K. STOCK EXCHANGE
office which is paying particular attention to any possible influx of enemy goods.(C. I. C.).
INTER - IMPERIAL
ON WAR LOAN LONDON, Mar 13 (Reuter)- The Stock Exchange was quietly steady throughout yesterday's ses- sion.
Main interest centred on the new War Loan. Although there is no definite indication yet of the result, i was" stated in best- informed quarters that the Loan's success was certain. Thousands of applications, from small investors had already been received, Wall Street was steady,
TRADE NEEDS LONDON, Mar 13 (Reuter)—In reply to questions in the House of were Commons yesterday, the President of the Board of Trade, Sir Andrew Duncan, said that in planning the development of export trade, he would certainly bear in mind the special position of Empire coun- inter-Imperial trade, which would tries and the necessity to form an be. necessary at the end of the organisation for the expansion of war
Hongkong Bank's were traded in to a fairly extensive scale up to $1500, closing $1495 buyers. Other business reported was spread over a representative list. the market closing steady
BUYERS H.K. Banka, $1495. Union Ins, $4877.
6/0
Providents, $5.10.
1/6
Hotels, $5.30.
15
Lands, $37 XD.
16
Tramways, $18.
28
LONDON STOCK EXCHANGE
(REUTER'S SËRVICE)
London, March 12. Chosen Corporation The following quotations are the Pekin Syndicate ...................... middle prices at the close of the B'hal Mec. Constr. Co. market in London. All quotations S'hai Waterworks "A" are subject to confirmation and nof Union Insurance
responsibility is assumed for errors] Gula Kalumpong Rubber 21/104 In transmission. -
War Loan, 31% (Red
after 1952)
Chinese 41% Gold Lean
1898 (Brit. Issue)
Chinese 5% Gold Bonds,
1925-47
Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan.
3.
14
Allied Ironfounders...... Asso. & Elec. Industries 42/73 Austin. Motors, ord.......
99-13/16 Cable & Wireless, New
51
60
ཚོ ཎྜ བྷཱུ
Form, ord. .......
Star Ferries, $67.
Electrics, $87)-
Telephones (Old), $294, Cements, $19.40. Ropes, $5.60.
Watsons, $9.80
Providents $5,15,
SHOE CO.LTD.
קי
HONGLONG SUPPLIES ALL
KINDS OF FOOTWEAR
THURSDAY, MARCH 14, 1940, -PAGE
LLOYD TRIESTINO
Regular Fortnightly Service
OUTWARD:
for Shanghai-NEXT SAILING: FIRST WEEK IN MARCH.
HOMEWARD: for Trieste, Venice, Brindisi, (London Overland), via Manila, Singapore, Colombo, Bombay & Portsaid—NEXT SAILING: ABOUT MIDDLE OF MARCH.
For further particulars apply to:
LLOYD
TRIESTINO
Queen's Bldg., Ground Fl., Tel. 32982 Tel. Add, "LLOYDIANO" P.O.Ė, 149 Agents, Canton-Messrs. Dodwell & Co., Ltd., Shameen.
BURNS PHILP LINE
Passenger & Freight Service To
AUSTRALIA
We have
a vessel"
Sailing for
SAIGON,
MADANG,
SALAMAUA,
RABADL
SYDNEY AND
MELBOURNE
about the
FOURTH
Week in MARCH
Excellent passenger accommodation with a large number of single cabins at no supplement. Built-in Swimming Bath and Spacious Sports Deck.
Passenger & Freight "Agents - GIBB, LIVINGSTON & CO., LTD. Telephone No. 28031...
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
P. & O. Building.
MARBLE HALL
(and Annexe Private Hotel), 34, Granville and 103, Austin.... Roads, Kowloga, tennis courts. Beautiful garfien. Rooms and suites, with ivate bathrooms. All modern co yeniences. Apply proprietress, 83, Austin Road. Phone 50233 and 34, Granville Road Phone 59433.
36/8 -
Docka, $22:
SELLERS
Tramways, $18.40. China Lights, $8.35. Watsons, $10
SALES
H.K. Banks, $1490/95/1500. Canton Ins., 2321
BUY
EASTER EGGS From British-American Candy Store, Fine Assortment Chocolate Eggs, Novelties, Real Egg Filled Choco- late Creams Fancy Designs, Bas- keta, Stands. 15. POTTINGER STREET...
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street. - Telephone No. 22224.
YOU CAN NOW. EAT:.........
HOTELS
RUSSIAN FOOD COOKED IN THE
RUSSIAN. WAY
TABLE D'HOTE $100 ALSO A LA CARTE AT THE
METROPOLE HOTEL
TKA DANCE DAILY
5 TO 7.38 P.M.
MUSIC BY THE METROPOLE SWING BAND
17
Canton-K'loon. Ely, 5% 15
81
3.-A. Tob, (bearer)
103/9
༧.བས་”
59
Mexican Eagle.....
12-5/8
Cammell Laird, ord.
7/71
Mexican Eagle
5/71
CourtauldsTM
Distillers
65
Dunlop Rubber
1913 (Ldn. La)`
29
Chinese 5% Reorg, Loan.
1912
40
Chinese 8% Eter. Notes,
1925 (Vickers)
101
Gen. Electric (England) Guinness (A) Bon & Co. Hawker Siddeley Airc............. Bristol Aeroplane Imperial Chemical Ind.
33/10/ 81/104
78
Wharves, $105.
13/7
Docks, $22.90/23.-
16
Providents, $5.10.
32/41
Chin. Imperial Rig. 5%
Imperial Tobacco.
124/44
Loan
55
Marks & Sp'cer "A" ord:
51/717.
Honan Rly, 5%
15
Rolls Royce
03/14
Hukuang Rly. 5%, 1911
191
Leyland Motors ......
75
Watsons. 39.90.
Hukuang Rly. 5%, 1911
Tate & Lyle
54/9
"German Issue)
17.
Turner & Newall
87/11
Lung Tsing & U. Hal
Rly, 5% 1913
United Steel
23/4)
13
Smethwick Drop Forg.
15.
S'hai-N King Rly. 5% ...
20
Armstrong Stevens, and.
想
Tientsin-Pukow Rly. 5%
Pressed Steel, com.
17/3
(Brit. Stpd.)
13
Vickers, ord.
20/10/
Tientsin-Fukow Rly. 5%
Woolworths...
65/3
(German Stpd.).
13
Anglo-Dutch
24/0
Tientsin-Pukow Rly. 5%
Rub, Plant, Invest. Trust
33/10
HK. Tramways
(Brit. Stpd. Supl, Loan)
13
Burma Corporation
9/9
Tientsin-Pukow Rly. 5% (Ger. Stpd. Bupl, Loan)
Commonwealth Mining
HK. Banksom Cements......
20 1,495.00
13
93
93
18/0
Jap. 5 Ster. Loan, 1907 512‡
Jap. 8% 8ter. Loan, 1924.56 Ger, 7% Intl. Loan, 192474. Chartered Bank............ 9-5/16 HK. & Shaf' Bank (Ldn.
Reg.) H.K. & Shai Bank (Col.
Reg) Chinese Eng. & Mining
(bearer)
Maraman Investments. 14/9 Randfontein Estates" 39/44 Western Holdings
| Sub-Nigel...
Tanami Gold Mining ...
Shell Trans & Trad.
+
15/9
China Providents KK. Electrics HK. Docks
500 19.50 500 100
.5.10 67.75 100 22.90
190
Anglo-Iranian
Burmah
¿d. 53/11
170.
1920.
(bearer)
Nominal
-dividend,
78/14
The total value is $63,460.00, *Bale on Tuesday, Mar. 12.
Hotels, $54.
Electrica, $67h.
Telephones (Old), $291,
Cements. $194.
HK Govt. 3 per cent Loan 98.
HONGKONG
SHAREBROKERS'
ASSOCIATION Volume of Business Transacted on Wednesday, Mar. 13, 1940
200* $18.10
100 23,00 Telephones (New)... 300 11,00 Telephones (Old).... 100 29,75
FOR SALE
NEW PEKING CARPETS for sale at low prices, because of no over- head. Guaranteed pure wool, 9' x 12: Apply 10, Bayview Mansions, Top floor, Causeway. Bay.
1352
One 8 HP. vertical Diesel Engine. Two Stillco Portable Electric gen- erating sets suitable for yachts or country bungalows, Apply to Sander, Wieler & Co. (in
Jimmy's
Flower Bulbs
of
liquidation). King's Building, Gladioli and Begonia
Second floor.
AUCTIONEERS
GREATEST COELICHOS O BARGAINS IN TOWN;
1351
LAMMERUS AUCTION BOOM
direct from
Holland
obtainable at
GRACA & CO. Dealers in Garden Seeds. Postage Stamps, Picture Books etc, etc."
No. 10, Wyndham Street,
Hong Kong, Established 1898;
1940 ZENITH
NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG
54 Des Voeux Road C.
Telephone 24311.
THOMPSON
LADIES'
38.
TAILOR
MODERN DRESS
CHEAP SALE
"NATHAN ROAD, KOWLOON.