"

HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

?

FINANCE

Finance and Commerce

PUBLIC AUCTION. Resources Το

Messrs. SCHMIDT & Co., Ltd.

(in liquidation)

PHE. Undersigned have received THE

instructions from the Liquida- tors of the above named..

to sell by

PUBLIC AUCTION

op

Wednesday, the 17th April. 1940

commencing at 10.30 a.m.

Be Developed

HONGKONG®

SHAREBROKERS'

ASSOCIATION Volume of Business Transacted on Friday, April 12, 1940,

4 $1,487,50

CHENGTU, April 12 (Central—- Exploitation of natural resources HK. Banks and development" of industry are Szechwan- being pushed in the Sikang border regions.

H.K. STOCK EXCHANGE

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

APRIL 12, 1940.

On London:-

Telegraphic Transfer, 1/2 13/26 Bank Bills, en demand 1/2 13/18 Credits 4 months' sight 1 3 1/6 On Shanghai:~~~

On demand On Singapore:-----

Sales reported during the week have been over a fairly represen- tative selection, with HK. Banks a good leader. A few prices have given way slightly, but this is by no means due to nervous "liquids-On

short time ago bulls 7.92, operated on the chance of some "plums" being handed out.

10 1,490.00 а 1,490.00 4.40 7,90

Chinh Providents 1,500 Three new companies have been China Lights (0) 3,500 organised for mining and other (...)

||

sorbed the Yangszetlen Develop- HK. Electrics men Society. More than 1,000 HK, Lands "... households are now reclaiming a RK. Tphones (0) vast tract of land owned by this H.K. Tphones (N) concern.

ין

tion. A

The

fruit has not yet ripened and con- sequently some of the bulls are now retiring. it is this that has caused the slight recession.

BUSINESS DONE DURING THE WEEK

H.K Banks, $1487, $1485, $14871.

$1485, $1482, $1487

On demand

Japan:---

****** 350---**

52 1/2

On demand

92 3/4

Telegraphic

Transfer.

and demand .................................

182 1/4

On India:~~

On New York:-

Bank Bills, on demand 21 3/4 Credits, 60 days' sight:22 5/8

On Batavia:----

..500

enterprises. Largest of the three HK. Docks C. Rts. is, the China Kang Chan Develop HK. Docks Rts.... ment Society, which recently ab-

400

311

21,50 6 50

68

8.50

200

85.50

100

36.70

500

28 25

On demand

40. 1/4

500

9,75

On Paris:-..

300

- 1000

at their Sales Room, No. 2, Con- naught Road, Central, 2nd Floor.

200

10,00

Bank Bills, on demand 10838 .Credits 4 months' fight 1140

EXPLOITATION OF MINES

Cements

500

17.20

The Society is now planning the AS. Watsons Exploitation of the iron mines at Yuanchiaki and the cultivation of tea along Szechwan's border in collaboration with the China NE tional Tea Corporation.

Та The

*300.

9.20.

Bank of E. Asia. $75, $74. Union Ins., $500, $495, $490.

On Saigon:-

On demand

19 1/4

200

9.20

H.K. Fires. $171, >173)

On Manila:-

100

9.20

Wharves. $100.20, $100.

On demand

43 1/2

On Bangkok:-

9.193

J

150

1,4

20,9/16

SATURDAY, APRIL 13, 1940.-PAGE 9

Poor appetite?

TAKE

"BLACK & WHITE"

A SELECTION OF SCIENTIFIC INSTRUMENTS AND SUNDRIES

comprising—

Ortho-lux Research Microscope

1 Panphot Microscope

"

Tung Development Society at Maplen is another large agricultural development

1 Leltz Demonstration and Freez concern. Capitalised as $1,000,000,

ing Microtone.

1 Leitz Large Sledge Microtone

2 Leltz 35 m.m. Projectors

1 Kwaza Bona

Quartz

Lamp

(Table Model

4 Electric Sterilizers

1 Permanent Wave Machine

3 Polarimeters

1 Leitz Copying Camera (No Lens)

1 Ether Mask

5 Exposure Meters (Weston, Om-

brux and Sixtus)

also

Bathroom Scales, Balances and Sets of Weights, Step-down Trans- formers and Resistances, Mercury Vapour Lamps and X-Ray Tubes, Microscope Accessories, Microtone Accessories, Altitude Barometers, Stop Watches, Barthel Burners, Surgical and Dental Instruments, Enlarging Bulbs, etc.

On View from Tuesday, the 18th -April, 1940.

Terms: Cash on Delivery.

་་

LAMMERT BROS..

AUCTIONEERS.

the Society has planted 20,000,000 tung trees on 3,000 mow of land. Its tung ol

exceeds 250 shih a year.

output

The Society is also exploiting the iron. copper and coal mines at Mapien,

WOOLLEN TEXTILES

The total value is $127.988.00.

BROKERS' LOANS

New York, Apr. 11 Reuter). Loan on securities to brokers in New York:

Week ended April 11 $489.000.000

Week ended April 4 $481,000,000

Epien and Kiating and operating a lumber industry at Pingshan.

lu Kangting. capital of Sikana, The third company is the South-a Woollen Textile Factory has established and is turning west Industrial Corporation, with been

initial capital of $200,000. out woollen goods. It is planning This company is exploiting the to established branch factories at fron, lead and coal mines at Yating and Tienchuan..

-

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Buyer

Bellars

tr

$14821

8171

¿

PUBLIC AUCTION.

HE Undersigned have received.

THE

instructions

to sell by

PUBLIC AUCTION

84.3084

8713 822

SHAREBROKKEF' ASSOCIATION

Sales Notion SATURDAY 12.

814824/874

#490

£931

2931

APRIL.

Banks

H.K. Banks

Do. (Col. Rag:) ... Do. Lon. Bag.) ... £9 3/18 Chartered Banks *****.

31 Marcantils Bka. "A"

Marcantile Bka, “Q”! Bank of Bart Anla

£12

$74

N. C. & 6. Banks... Insurances

Bayer

Seller Balca

Marinel

4063

Docks Chim. Rts., $213, 521). Dacks Ris.. $6.80, $6.85.

H.K. Hotels. $5.10, $5.05, $5 Lands, $37, $36). "Realties, $43.

Tramways, $171... $17.70, $173..

$17.70

Electrics, $66, $651, $651, $85). Telephones, (0), $20 $28 Telephones (N)), $10.85 Ropes, $5.55.

Dairy Farms, $21 $21.35. Watsons. $9,15, $9.221. $91. Govt, Loan, 97.

BUYERS

HK. Banks, $1485. HK. Fires, $171.

Docks Cum. Rts., $211. Docks X. Rts., $19. Providents, $4.30. HK. Hotels; $5.

HK Realties, $4.40. China Lights (0), $7.90. Electrics, $85)......... Telephones (0), $281. Watsons, $9.20. Wm. Powell, $1. Entertainments. $8.50

SELLERS Docks Cum. Rts.. $22, Docks X. Rts, $19.60 Providents, $41. Telephones (0), $29.

SALES

HK. Banks, $14824/1480) Union Ins., $490,

HK Lands, "$367-.

Humphreys, $9.

HK Realties, $41.

Tramways, $174.

$14824 #1490 $1487/30...

293

£93/16

£31 £12)

875

150 ct.

€230

$1876 $495

*

86 cts

$173

I.D. $145

$101

(Prod.)

8:00

Gold 21 b, Batong

$230 Canton Insuramoss

Union Insurances

185 ęta(Underwriters

H.K. Fir

Shipplag

8173

$

"J

X.D.

$145 Douglas

$211

B191 $10 60

፧፧

:

810) Stewbosis

2100 Indo-Chins

880 Indo-China (Del...

78/3

Sholls

37+

Waterboata taratipes

Docks, Wharves, Godowns, etc.

$100 H.E. & K. Wharves

China Lights (0), $7.85

Telephone (0), $281

"Telephone (N), $10.

Watsons, $9.20.

MANILA GOLD SHARES

Atoks 170, Antamok 12s. Bagulo

On demand

On Sterling Notes:-

Bank Buying Rate

Har Silver per oz. ..........

די

Market Report

"NO TWO WAYS ABOUT IT,

IT'S THE SCOTCH.

Sterling

No business was reported. finishing with sellers at 1/2.7/8 April/August and 1/2.27/32 Sep- 1/2. yes-tember/January, buyers at

29/32 Cash and 1/27/8 October.

U. S. Dollars

FROM KOZA BROS. Silver prices dropped 3/8 terday for both deliveries, the quotations being 20.9/16 för Ready and 20.1/2 for Forward. Silver The market closed with sellers advices reported the market as at 21.13/18 April, 213/4. May, 21 being quiet but steady. A small 11/16 June and 21.5/8 July, buy- business was dose, American ers at 21.15/16 Cash, 21.7/8 May, Silver was quoted at 343/4 for 21.13/16 June and 21.3/4 July. Spot.

The London New York cross- rate was quoted at 402.1/2 New York/London was quoted at - 355. 1/4.

Market

Quiet.

Sterling :

at

Some business was done 1/2.29/32 for Cash. The market closed at 1 pm, with sellers at 1/27/8 April/August and 1/2.27/ 132 September/January, buyers at 1/2.29/32 Cash and 1/27/3 Octo- ber.

Shanghaj Dollars

Sellers at 380.1/4

Shanghai Market

Unchanged:

Shanghai Exchange

Shanghat, Apr. 12 (Reuter).

Official TT. Rates

Opening

0/4

London V

New York Japan

India

5-7/8

25

U. 8. Dollars Opened with sellers at 21.15/16. Subsequently buyers bidding 22 offers at 213/4 were accepted for July followed by transactions at and 21.11/16 July, 21.15/16 Cash

closed 21.7/8 Ayril. The market

Paris Hongkong

22-1/8 2.04 26-3/4"

Sellers

Spot

Üpening 0/4-1/8

Closing 0/4-1/8

Aprii

0/4-5/84 0/4-1/16

• May"

0/3-63/64 0/3-31/32..

Spot'....

8. Dollars $6-3/32 $6-1/32

6-1/32

5-31/32

5-25/32

at 1 pm with sellers at 21.7/8 June April, 2113/18 May, "21.3/4 and 21.11/16 July, buyers at 21- 15/16 Cash, 21.7/8 May 21.13/18 June and 21.3/4 July

Shanghai Dollars Business 'was "dode at 360.1/2 |

$120

Buhay 00959, for Spot. Sellers at 360.1/4 buy- .70/3 Big Wedge 18s, Coco Grove 09bers at 360.3/4,

87.60 Con. Mines 003s, Demonstration

April May

5-7/8

Market:-Quiet.

Merchant Bates Sterling, 0/4-3/32. US Dollars, $8.

Silver Duty Rate

The Central Bank of China's rate on London at 10 am, today

Shanghai Market Sterling sellers at 4.1/8 for was 1/2-1/2.

US Dollars opened

with

The Equalisation rate was 8

69b. IXL. 325, Ipo Gold 00s, Ito- gon, Mining 220, Masbate Con. 0gb, Spot. Mine Operations. 08b. North Ga-sellers at 6.3/32 and closed at per cent. marines 048s. Paracale Gummaus lunch time a shade lower at 61/ 178, San Mauricio 66b, Surigao 18 for Spot.

$100

Providente Providenie (B&W) .... H.K. Docks C. RTS... H.K. Docks . Rta....

do Rts. $413 Shanghai Dooks #. ...

Mining

34:40 $4.45 $4.40

$214

$191

*B

BLI

Con. 18s. Suyoc Côn, 1218, Syndi- cate. Inv. 0168, United Farscale 24b, Mindanao Motherlode 09s.

AFTERNOON MARKET The market was quiet in the afternoon.

89,76

#1:

19/0

$4

$6.65

India Rupee Paper

Bombay, Apr. 11 (Reuter). Govt. 34% Rupee, 94-0-0

SILVER MARKET

LONDON SILVER London, Apr. 11 (Reuter). Silver: Speculative re-selling met poor support. Business small. Market quiet but steady. In the afternoon, the market was quietly steady.

·Spot, 20-9/16d. Forward, 20-1/2d.

BOMBAY SILVER Bombay, Apr. 11 (Reuter)'. Market.-Quiet. Oftake 50 bars.

Indian Mint Silver

Ready

May 1 Settlement

Jane 3 Settlement.....

58-03

58-04

58-08

NEW YORK SILVER New York, Apr. 11 |(Reuter). Silver. Omcial, 34-3/4.

LONDON METALS

EXCHANGE

London, Apr. 11 (Reuter).

TIN

buyers

sellera £ Standard, Cash 252-1/4 252-1/2 Standard,

3 months 249-1/2 249-3/4 Standard.

Set'ment Price 252-1/4 Straits

272-1/2 to 277-1/2

LONDON GOLD

London, Apr. 11 (Reuter). Bar Gold. Fine per dz. 168,

New York Exchange

New York, Apr. 11 Reuter). TT. on London.(Opening Rate), | 3.56-1/2

Calcutta Exchange

Calcutta, Apr. 11 (Reuter), T.T. on Japan, 90-1/2.

Wednesday, the 17th April, 1940

commencing at 5.15 p.m.

at their Sales Room, No. 2' Con- naught Road, Central, (Room No. 205, 2nd Floor).

A VALUABLE COLLECTION OF POSTAGE STAMPS INCLUD- -

ING A FEW LOTS OF RARE

OLD CHINA.

On View from Tuesday. the 18th April, 1940.

817.60 $17.85

Terms: Cash on Delivery.

LAMMERT BROS.,

AUCTIONEERS.

SHARP ADVANCES

IN MARKET,

LONDON, April 12 (Heutër)---In the Stock Exchange all sections of the market sharply advanced on the growing confidence of inver- tors which was reflected in the increased

Inquiries. volume of

This was also revealed by the ex- treme reluctance to sell on the part of holders, consequently the market closed strong Wall Street Was fiTHL

Banknotes issued by the branch bank of the Farmers Bank of China in Sining, capital of Tainghai province, will be worded in both the Mongolian and Tibe- tan language.

$5

*

35

19/0 Ka

$9.65 Banbeauties Vansinela Gold Fla 4cts Hong Kong Mine... Lands, Hotels and

Buildings

H.K. Hotala

H.K. Laada

*ས་་་

o Do. 4% Debentures-

$14.10 Shanghai Land B.

#361

94.40

al

܃ ܃ ܃ ܂ ܃

$65)

$21

$29 $10.80

H.K. Eine ...........

$8 Humphreya

$103

Chinese Estates

$47

Cotton Mil

Xwo (8.)

$190 (8'hs1 Coltons (15.)

$37

8100

$4.40

$7.90

$161

$100

880

Tramways $7,60 17.80

Zoong Bings (8.)

Wing On Terkilen (8.)

$100

Pablle Utilties

$8

Pack Trina (chá)

$4

¡Peak Trame (now)

$38

Star Ferrien

$68

Bge

Y'mat! Ferries.

$254

China Lights (0)

$790

$7.90

8490

·BEST BOSH

$20

21/0

#8

Do.-(new)-

85.20 China Lights (New)

China Lakhts Ris. H.K. Electrics ........ Macao Mackrica ......

$11 Bandakan Lights

Telephone (0%) and Telephones (new) Tractions... Tractions (pl.) Industriais

$14.90 Cald., Maog. (Ord.) 8.

Canton Tom" komeny means,

$12

Cald., Hec. (Pref.) 8.

$177 Came

$6.56 Ropes

Miscellaneous

8211

$6.80

#12

Dairy Farm........ Dairy Farm

Ch. 1 Ebaimer 80.80 Constructiona

Dans Crawforda

: 1

$1

$17+

$51

$21.40

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

INSURANCES

The National Mutual LifaTMAlsociation of Australasis offers you the best conditions for a fund for old age, and your family in case of your death. Annuities and educational policies ats Also inued, " Inpr. now. Oleo-

Des Voeux Ed. Central (8th Boor Room No. 88), Bank of Canton Build- ing, Hongkong.

Tel. No. 27473,

"Resident Secretary,

H..R. WELLB.

TRADING WITH

ENEMY

LONDON, Apr 12 (Reuter)-A Treasury statement calls the at- tention of traders and others to $1.85 the fact that the Trading With The Enemy Regulation will apply

Constructions

(DOT)

Nanyang Tobacco

$31

*

$2 $9.20

Dinnerw

32

Watsons

8101

.. Gori, 4% Loman

·

102

197

A.K. Gori. 24% Lomm

$39

H. Wing O

139

N'hai Wing On van

$14

Vibro Piling

5Ch. G.5% 19966 #Bds,

| Marginans Inv. (Lon) Karsmaan Inv. (H.K.) Wii, Powelle sectionne Shanghai

'o

49°

661%

$1

to any area, in occupation of the enemy.

It is pointed out, however, that the Legislation does not apply to Iceland, Greenland and the Faroe Islands as long as business with then does not involve intercourse with Denmark" Proper.

The greatest caution la advised in connection with transactions with any part of Norway.

Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

Jimmy's

Help your friend and his Hobby by giving POSTAGE STAMPS

for

his Collection

and

SEEDS FOR HIS GARDEN

We can supply the goods of his and your want

GRACA & CO.

Dealers in Postage Stamps, Garden Beeds, etc., etc. No. 10, Wyndham Street. Established 1896. Hong Kong.

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 Road. Phone 50233 and 34, Granville Road. Phone 59433.

HOTELS

COOKED IN THE

RUSSIAN FOOD RUSSIAN WAY

TABLE D'HOTE`31,00 " ALSO A LA GARTE AT THE

METROPOLE HOTEL'

1940 ZENITH

NEW MODELS. Just arrived NO AERIAL, KO GROUND,

Just plug in and play CHUEN YEE HONG

54 Des Voeux. Bond C.

AUCTIONEERS

GREATEST COLLICHON DI WARGAINS IN TOWN!

LAMMERTS AUCTION ROUM

16annar Be Huet

IP deprouse de p

TEA DANCE

DAILY.

5. TO 1.30 P.M. MUSIC BY THE METROPOLE SWING BAND

Telephone 24311.

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street, Telephone No. 22224,

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