HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
Bayer Bera
SHAREBROKKES' ASSOCIATION
Xamical
SATURDAY 6.
Buyer Sellera Baise ominai
APRIL.
H.K. STOCK
EXCHANGE
Market ruled very quiet
BUYERS
Bank East Asiz, $73, HK. Fire Ins., $171,
Wm. Powell, $1 Entertainments, $6.80
SELLERS
Union, $500 Electrics, $654.
Banks
$1487
H.K. Bank
$1490
Do. (Col. Mag.) ***
Seaf
Do. (Lon. Bog.)
£93.
„Docks Cum. Rt, $21j
H. & S. Hotels. $5,05.- H.K. Lands, $96).
£91
Chartered Banks ...4
£91
131
Marcantia Bk. "A"
£31
Mercantile Bka. "0"
£19)
$73
Bank of Boat. Azlə i
$73 $78
H.K. Realties, $4.40. H.K. Tramways, 517) Rapes, 35.40,
N. C. & B. Banki ........
Insurances
50 ot.
Dairy Farms, säit
$500
$330 Canton Insurance ... Union Insurances .........
$230
#500
8174
་་་
$10) Steambo
$90
76/204 shalls
$71
25 cta Underwriters
1150 Deaghan
$100 Indo-Chinsa
Indo-Chinas (Del.)...
Wsterboala
Docks, Wharves,
Godowns, ete.
8100 B.K.K. Ware $100
819
$6.60
***
$5.10
107
Providenta
Providente (DOW)....
H.K. Docks C. RTS... 11
H.K. Docks X. Rta....
do Rta.
837 Shanghai Docks
Mining
·19/0 (Kalanı maky
$9.65 Baubs *********
Venezuela Gold Fida
4' cta Hong Kong Mlum ...
Lands, Hotels and
Buildings
H.K. Hotel
H.K. Lands ...................ő.
Tiro Do. 4% Debentures
#13 70 6hangfal Lande 8.
{H.K. Realtime
$8 Humphreya
$103 Chinas Ertainm
Cotton Mills
$45 Eww. (8.)*
$190 B'bal Cottons (5.)
161
!!!!!
as cta
$174
Shipping
$155
në
$10
FLK Fire Ins, $174. Docks Cum. Rts, $22 Providents, $4.60. EK. Lands, $37".
$100
$120
78,3
$7.60
HK. Tramways, $17.70. China Lights (N), $10.95.
SALES
Hii
::
122
:: མ ;:;
$18 75 $8.80
4.
$35.
19/0 99.86 $4
thu
15.20
*37
$100
FINANCE
MONDAY, APRIL 8, 1940.-PAGE 9
Finance and Commerce
GERMANY'S DEBTS KEEP
ON THE INCREASE
LONDON, Apr. 6 (Reuter)—Recent figures by the German Minis- try of Finance in Berlin have given the total of the German Gov- ernment's indebtedness at the end of 1939 as 41,000,000,000 "marks. This is three times' the figure when the Nazis came into power.
Mr. Leonard Ingrams, who, for. 15 years, was closely connected with German financial circles In Germany, says these figures are Incomplete,
The actual indebtedness at the end of 1936 was approximately 60,- 000,000,000 mark; or five times as much as when the Nazis came into power seven years ago.
It la not so much the total figure of the Nazi Goremmenty debt which is of interest as the rate at which it is increasing.
Ilarks
A
MANILA GOLD SHARES . Since the war began, German Atoks 16s, Antamok 13s, Baguio | public debt has risen at the steady Gold 22s. Batong Buhay 01b, Ben-rate of 2,000,000,000 guet Con. 6.35b Big Wedge 1849, Coco Grove 1013, Con, Mines 003s, Demonstration 105. IXL. 335. IDO
LAMMERTS' AUCTIONS
ECONOMY IN PUBLIC AUCTION. FOOD URGED
[HE Undersigned, have received
instructions
LONDON, April 6 (Reuter)THE The News Chronicle this morn- ing approves the appointment of Lord Woolton as Minister of Food, and at the same time pays u tribute to Mr. W. 8. Morrison, hia predecessor.
The paper says: "Lord Woolton is a shop-keeper who is now to run the nation's" shopa”
to sell by
PUBLIC AUCTION
00
Tuesday, the 9th April, 1940
commencing at 10.30 am.
는
marks a month. The war, there fore, seems to be costing the Nazis about 1,000,000,000 marks a month APPEAL FOR ECONOMY more than they can get out of the The Yorkshire Post refers to people by taxation or borrow out Lord Woolton's term as Warden of at "C" Godown of The Hongkong ❘ny current savings. ·
the Liverpool University Settle & Kowloon Wharf & Godown Co., The people's accumulated sa7- ment and says he understands inga were all borrowed and spent what even a small rise In the before the war began, How have
the Nazis found the extra 1.000.- price of foodstuffs means to a poor
household. 000,000 a month up to now?
The Manchester Guardian ap- They have apparently been liv-peals for economy in food, month, which the Nazis have to ing an a little bit of fat in the
It points out that if each Briton borrow from the German people shape of the stocks of goods in to make up the difference between hops and warehouses, or, in other wastes a slice of bread a day it taxation Income and war' expend!- words, on the working capital of means 30 shiploads of wheat a "If each Briton gave up the
Hold092b. Itogon Mining 213s, Masbate Con. 093s, Mine Operations❘ture. 08jb. North Gamarines 058, Para-
cale Gummaus 171b, San Mauricio
665, Surigao Con, 20s, Suyoc, Con.
13s. United Paracale 248. Mindanao
Motherlode 09b.
SHAREBROKERS'
■
This monthly amount is,
German business. When a busi- innessman has sold his stock, he has other words, over and above the been unable to replace it, so the income, to raise which the Nazis money has gone into the bank must depend on the money which where the Government can borrow
the German people save.
BIG DIFFERENCE
The savings of the German peo-
ASSOCIATIONple, including the special earnings of businesses, is only equal to half the required 'Agure, or 1,000,000 00U
Volume of Business Transacted on Saturday, April 6, 1940. China Providents. 750 $ 4,45 500.00
20.05
3281
$4.40
841
$7.90
$151
180
Union Ins.
5
Zoong Bings (8.)
335
2
500.00
Wing On Textiles (8.)
$100
Public Utilition
H.K. Docks Rts......... 67
6.80
$17.40 $17.70
Tramways
$17.45
3:24
38
Pank Troms "foll)
#4
Ponk Trame (now)
The total value is $7.293.10.
น
338
Star Ferri
$68
$26
Y'mati Ferries
$28
Do. (DW)
China Lights (0)
$5.20 China Lights (New)
$5.20
Chins Lights Ris.
#85
$65/66
H.K. Electrics
822
Macao Hipotrios. ......
#11
Sandakan Lights (com.
$10.95 $10.85
$29 Telephone (ok)
Tractiona
Tractions (pet.)
Industrials
$14.90 Cald., Maog. (Ord.) 8.
Telephones (new)
811
++
21/0
the
it.
CANNOT LAST FOR LONG
year.
habit, when making tea, of "one for the pot," it would save 80 shiploads a year.
"We are not suffering from a food shortage in this country," the
This sort of thing, however, can- paper says: "In fact, we still in- not last for long, and already one dulge in the lazy habits which hears of shortages of goods in come from having too much food." shopa
FOOD PRICES CHANGED
Ltd., Kowloon.
for account of the concerned
83 Kegs Bleaching, Powder
Terms: Cash on Delivery,
LAMMERT BROS.,
AUCTIONEERS.
PUBLIC AUCTION.
THE Undersigned have received
The current issue of the Gov-Instuctions
to sell by
PUBLIC AUCTION.
What then? The Nazis can increase taxation, But taxes are already very high and there is reason to doubt whe- ANGLO - DUTCH ther even these will be collected
in full.
ernment Gazette contains a list of AGREEMENTS
The Nazis can force the people amendments to the retail prices of THE HAGUE, April 6 (Reuter)-to save more. The recent proposal certain articles of food which Two Royal Decrees have been for a compulsory old age pensions have been made by the Food Con- issued enforcing
wartime scheme was a step in this directroller, Mr. W, J. Carrie:-
While in most cases the previous trade agreement between the tion. Netherlands and Great Britain. Or the Nazis can force the peo-prices are maintained, in five in-
The first decree
aple to save indirectly by stricter stances reductions have been made as follows: Thick cream, Golden long list of imports forbidden ex- rationing and reducing the supply Butterfly brand, from 40 cents to Gov. of goods on which they can spend 35 cents per six oz. tin, and from LONDON, April 8 (BWS)-The cept by permission of the Mines Department has set up a|ernment. Goods will only be im- money. But already. the people Coal Production Council with Lord ported if they are consigned to can get little more than the sim-23 to 21 cents per three oz. tin. at their Sales Room, No. 2. Con- Libby's corned beef has been re-naught Road, Central (Room No. Portal as Chairman, to increase a Government-controlled. com- ple necessities of life.
duced from 70 to 44 cents per; Lin Britain's coal exports, maintain any.
This means Indation, and infiz- and Emery corned beer from 81 to 205, 2nd Floor). supplies for home consumption The second decree restricts re-tion is hinted at already in the 33 cents per tin.
exports to belligerents of imports recent returns of the Reichbank,
BRITAIN'S COAL
EXPORTS
and promote a big Increase In
output.
The Council will include three representatives each of the own ers and the workmen with repre- sentatives from the Mines Depart- ment and the Ministries of Trans- port and Shipping.
$12
Cald., Kacg. Fret.) 8.
BI
Canton Tom. Karen
$17) Coment
$6.40
$0.05
Bapes ***
$1
#17
$5
MiscellaneoLLY
3212
Dairy Farmerë in
0212
1
Dairy Farin
$8.80
Ch. R'wainmenÍN
$6.50
Constructiona
(old)
$1.85
#9 15
$96
14/0
5 18:14
Constructions
(Dew)
Lane Crawford
$8
Nanyang Tobsooo.....
..$al
Sinceres
32
Watsons
$0
52% Ch. 0.5% 1925G $Bdı,
102
961%
H.R. Wing On
www. 344
$14
$81
$1
that similar Production - Councils or their equivalent will be needed
from overseas.
announces
In addition, the export of home NOW THE JAPANESE products is restricted to pre-war
levels.
TO CONSERVE EXCHANGE
WILL WANT IT!
SHANGHAI, April 6 (Reuter)--
Tuesday, the 9th April, 1940 commencing at 11.00 am.
Oatmeal in tins C. and B..brand. A QUANTITY OF HOUSEHOLD & (2 lb.) has been reduced from $1.37 to $1.16 per tin.
LONDON MONEY
· MARKET
"LONDON, Apr. 7
A rich gold vem has been dis-jen covered by engineers working for the Ministry of Economic Affairs,
and
J.
(Reuter)-In
The Manchester Guardian says: "We are managing the affairs of
in the Palya district of Sikong the Money Market, large dividends MELBOURNE, April 7 (Reuter)
commercial the coal industry a great deal bet-
payments by province, says the Shun Pao ter in this war than we did in
-Australia has taken a move to]
The gold is reported to be locat-Government were responsible for the last. The Coal Production conserve the Empire's foreign ex-ed along the banks of the Ngouchi the easy conditions now prevail- Courell is an addition to an in-change.,
River, in the vicinity of a lama 05. dustrial machine already well or- It was announced today that temple situated at the foot of the The offerings of £50,000,000 ganised and closely controlled. exporters of petroleum products mountain range.
treasury bills were fully alloted. The industry has set a valuable to Australia will have to take pay- The local authorities, the report the average rate being £1 8. 33d. example of co-operation between ment in Sterling in London. Pre- adds, are Inviting merchants to This showed a fractional move- owners and miners and in the viously purchases of could draw up plans for further pros-ment in the market's favour. principle of
equal representation be paid for in US dollars. on the Council. We may soon and
oli
pecting.
Wall Street closed firm. :
OFFICE FURNITURE
... also
600 Books
: {I
3 Iran Safes
and
1 Bale Vermicelli
Terms: Cash on Delivery.
LAMMERT BROS.
AUCTIONEERS.
$102H.K. Govt. 4% Loa
H.K. Gort. #%Los
'hai Wing On
Vibra Piling
Marsmans Inv. (LOG.)
Maramans Inv. (H.K.)
Wm. Powells.......
#Balas 'a Shanghal
11
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, April 5.
The following quotations are the
(bearer)
Chosen Corporation
Pekin Syndicate
middle prices at the close of the s'hal Elec. Constr. Co..... market in London. All quotations S'hai Waterworks "A" are subject to confirmation and.no Union Insurance
responsibility is assumed for errors in transmission.
19
0/6
1/6
15
15;
201
Gala Kalumpang Rubber. .18/9 Allied Ironfounders ...... 14 Asso. & Elec: Industries 30/1) Austin Motors, ord.
Distillers
39/14
68/3
38/11
79/101 79/3 12/104 15
A
15/6
War Loan, 31% (Red
after 1952) Canton-K'loon Rly, 5%
99-9/16 15
Cable & Wireless, New
Form, ord.
61
B.-A. Tob, (bearer)
106/9
Chinese 44% Gold Loan
Mexican Eagle
12}+
1898 (Brit. Issue)
58
Cammell Laird, ord. ......
7/3
Chinese 5% Gold Bopds.
Mexican Eagle
6/7/
1925-47
+52
Courtaulds
Chin. 41% Anglo-French
Loan, 1908
50
Dunlop Rubber
Chinese 5% Crisp Loan.
Gen. Electric (England)
1913 (Ldn. Is.)
29
Guinnes (A) Eon & Co.
Chinese 5% Reorg. Loan,
Hawker Siddeley Airc......
1912
พ
Bristol Aeroplane.........
Chinese 8% Bter, Notes.
Imperial Chemical Ind.
32
1925 (Vickers)
11
Imperial Tobacco
118/1
Chin. Imperial Rly. 5%
Marks & Sp'cer "A" ord. 52
Loan
60
Rolls Royce
89/7
15
| Leyland ·Motors
75
19
Tate Lyle
53/9
Bukuang Rly. 5%, 1911
Turner & Newall-
German Issue)
17
United Steel
65/41 23/3
Smethwick Drop Forg...
13
21
Tientsin-Pukow Rly, 5%
(Brit. Stpd.)
13
Tientsin-Pukow Rly. 5%
(German Stpd.)
13
„Tientsin-Pukow Rly. 5%
13
Tientsin-Pukow Rly. 5%
Armstrong Stevens, ord. Pressed Steel, com, .. ∙17/41 Vickers, ord.
17/3 Woolworths ..... ***** 64/9 Anglo-Dutch
23/3 Rub, Plant. Invest. Trust 31/3 Burma Corporation
9/42 Commonwealth Mining Marsman Investments ....
- 15 8
-
14
13.
Randfontein Estates ..... 39/41
Western Holdings
Sub-Nigel
Honan Rly, 3%
Hukuang Rly, 5%, 1911...
Lung Tsing & U. Hal
Rly. 5% 1913
B'bai-N'King Riy. 5%
3འ་8བའ་ཆ་ྲཧྨཀྟ ཿཤྩ་ྒུ
(Brit. Btpd. Bupl. Loan).
(Ger, Btpd. Supl. Loan)
Jap. 5% Bter. Loan, 1907 501
Jap. 6% Ster, Loan, 1924 55
Ger, 7% Intl. Loan, 1924 78
Chartered Bank H.K.&B'hal Bank (Ldn.
Reg.)
H.K. & Bhai Bank (Col.
Ileg). Chinese Eng. & Mining
Tanami Gold Mining
17/7}
195
Anglo-Iranian
Burmah
941
Shell Trans, & Trad.
}
(bearer)
Od 53/9 71/3
76/101
93+
*--Nominal
i-ex-dividend
in other exporting Industries."
CIRCULATION OF
BANK NOTES
Returns of the average amount of bank notes in circulation in Hongkong during the month end- ing March 31, were certified by the managers of the respective banks as follows:
Chartered Bank of India, $24,421,- 184, Hongkong and Shanghai Bank $195,232,228, and Mercantile Bank of India $4,817,933, making a total of $224,871,345.
SILVER IN TIENTSIN
LONDON, April 8 (Havas)--Bri- tish official quarters are unaware of press reports that a settlement of the question of the sliver depo- sits in Tientsin is expected in the near future.
It is admitted, however, that negotiations are proceeding in a favourable atmosphere and it is hoped the parleys will end success- fully,
EXPORT LICENCES
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
AUCTIONEERS
GREATEST COLLECHON OF BARGAINS IN TOWN;
LAMMERT'S AUCTION ROOM LaBurt Brotiver 2,4% Hugh Rad thed Telephout Na 2012:
IN
BEST -CANDY STORE COLONY, WITH LARGE ASSORT- MENT BRITISH-AMERICAN CAN- DIES FRESH CONSIGNMENT NUTS, FIGS, RAISINS FINE CHOCOLATES, BRITISH-AMERI-
EXPORTS TO SHANGHAI
SHANGHAI, April 6 (Reuter)— Payment in foreign exchange for
The following is gazetted for CAN CANDY STORE, 15, POTTIN- general information: — On and GER STREET, after April 8, shippers of goods consigned to Europe in respect of. which an export licence has been Issued by the Controller of Trade are requested to supply one copy of the export licence to the agent of the ship by "which the goods are to be carried. After receipt of the copy export licence, the ports to Shanghal of timber, agent of the ship is requested to paper, egg products and tobacco attach the said copy to the ship's leaves from Wenchow, in manifest and enter the serial Cheklang. is ordered as compul- number of the licence against the sory by the Chektang provincial relevant item in the inanifest. government. states the Bhun Pac. The manifest properly annotated, with copy export licences attached. should be produced to the Superin- istry of Finance, pointing out the tendent of Imports and Exports order will ruin the export trade not less than twelve hours before, upon which the rural prosperity the ship salis.
of east Chekiang depends.
east
The Chamber of Commerce at. Yunghia has appealed to the Min
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
ENGRAVERS
FEI FEI & CO. Photo Engravers ···
18, Cochrane Street, Telephone No. 22224,
Jimmy's
FOR SALE RARE DIE PROOFS
of
Hong Kong
and
China
POSTAGE STAMPS
GRACA & CO.
Dealers in Postage Stamps, etc. No. 10. Wyndham Street.
Keng Kong.
Established 1896.
YOU CAN NOW EAT-
MARBLE HÄLL
(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, 108, Austin Road. Phone 50233 and 34, Granville Road, Phone, 58433.
HOTELS
RUSSIAN FOOD COOKED IN THE
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,
Just plug in and play CHUEN YEE HONG
54 Des Voeux Road O
TEA DANCE.
DAILY
É TO 7.30 PM.
MUSIC BY THE METROPOLE SWING BAND.
Telephone 24311.
THOMPSON
LADIES'
TAILOR
MODERN DRESS
CHEAP SALE
NATHAN ROAD, KOWLOON,
38.
L