HONGKONG DAILY PRESS
FINANCE
Finance and Commerce
LAMMERTS' AUCTIONS
PUBLIC AUCTION. INCREASED
CHARTERED BANK
Messrs. SCHMIDT & Co., Ltd
(in liquidation)
PROFITS FOR LONDON STOCK
| Industries and business houses in the main have had a prosperous { year.
In the North. Tientsin, Pelping,
| and, Tsingtao have been adverse-
ly affected by trade and
cur
"EXCHANGE
KRKUTER'S SERVICE)
London, April 12. · The following quotations are the middle prices at the close of the
THE Undersigned have received TRADE CONDITIONS rency regulations, which, apart market in London. All quotations
Instructions "from the Liquida- tors of the above nameda
to sell by
PUBLIC AUCTION
'on
Wednesday, the 17th April, 1940 commencing at 11.00 a.m.
at their Sales Room, No. 2, Con- naught Road. Central, 2nd Floor.
A SELECTION OF SCIENTIFIC INSTRUMENTS AND SUNDRIES
comprising:
1 Ortho-lux Research Microscope
"1 Panphot Microscope
IN THE EAST.
from other considerations. have rendered business very dimoult.
Last year I referred to the in- stitution of a currency fund for
are subject to confirmation and no responsibility is, assumed for errors in transmission,
The eighty sixth ordinary general meeting of the Chartered Bank of India, Australia, and China China, sponsored by the British War Loan, 34% was held on April 3. at 38. Bi-and Chinese Governments. It after 1952) shopsgate, London EC.
H.K. STOCK EXCHANGE
Enquiries are being made tor scrip but negotiations are difficult, Neither buyers nor sellers are in- elined to be accommodating.
३।
BUYERS
HK, Banks, $1405.
TUESDAY, APRIL 16, 1940. -PAGE 9
HONGKONG SHARE QUOTATIONS
SHAREBROKIS ABSOCIATION
<TOCK EXCHANGE
Byere Bellar
Balee Nom MONDAY 15,
APRIL.
Batura Bager
Sanominal
$1490)
H.K. Steamboats, $10). FLK. Docks Cum. Rts., $21,60, H.K. Docks X, Rt. $19,35, H. & S. Hotels, 15.10...
HK. Lands. $364.
HK. Trams, $171.
China Lights (0), $7.95. Electrics, $65).
Telephones (O), $281.
£
(Red
Telephones (N), $10.
981
Dairy Farms. $211.
15
Watsons, $91.
Wm. Powell, $1.
58.
Entertainment. $8.80.
53
SELLERS
Loan, 1908 Chinese 5% Crisp Loan.
1913 (Ldn. Is)
50
HK. Docks Cum. Ris.. $22.
SALES
H.K. Banks, $1490/95.
29
H. & S. Hotels. 35.10.
was hoped the existence and Canton-Kloon Rly. 5% .. CHAIRMAN'S SPEECTI
might Chinese 41% Gold Loan management of the fund Mr, A. d'Anyers. - Willis (the impart stability to the
1898 (Brit Issue). external chairman), in the course of his value of the Chinese
currency. Chinese 5% Gold Bonda, speech, sald:
and thus help to improve trade
• 1925-47 The business of a bank such as relationships between Great Bri Chin, 44% Anglo-French the Chartered which is largely tain and China. In the face of concerned in the financing of in- the many adverse factors It is ternational trade, has perhaps surprising that the currency has been affected to a far
greater continued to stand up as well as Chinese 5% Reogs, Loan. extent than that of many other it has to the many strains and 1912 banking institutions by the ap: stresses to which 15 has been Chinese 8% Ster. Notes. plication of the very proper mea subjected and has been able to 1925 (Vickers) sures which the Government have function" effectively within the Chin. Imperial Rly, 5%. had to introduce to safeguard country.
the economic and financial re-
1 Leltz Demonstration and Freez sources of the country, the Em-
ing Microtone
I Leltz Large Sledge Microtone
2 Leitz 35 mm. Projectors".
1 Kwaza Bona (Table Model)
Quartz
4 Electric Sterilizers -
1 Permanent Wave Machine
3 Polarimeters
JAPAN.
Loan ....
Honan Rly, 5% ".................... Hukuang Rly. 5%. 1811. pire, and our allies. I am pleas- In Japan 'considerable
1
Cx- Hukuang Rly. 5%, 1811 ed to be able to say that the pansion took place in the
value
German Issue) effect of these regulations has of the foreign trade of the coun-Lung Tsing U. Hai
past so far not affected the volume try during the
year-ex- Ely: 5% 1913 business. Lampet our
There has.ports showing a much greater in- S'hal-N'King Rly. 5% ... however, been a change in what crease than imports. This de Tientsin-Pukow Riy. 5% I may call the "domestic" sphere. sirable movement la sald to have
(Brit. Stpd.) I refer to the absorption of the been partly due to additional Tientsin-Puków Rly. 5% business of the P. and O. Bank-measures taken by the Govern (German Stpd.) ing Corporation Limited.
ment to promote exports and Tientsin-Pukow Rly. 6% the The profit of year. after partly to the general rise in com-. (Brit. Stpd. Supl Loan) making sundry provisions, shows modity prices in the world's Tientaln-Pukow Rly. 5% (Ger. Stpd. Supi. Loan)
1 Leitz Copring Camera (No Lens)
1 Ether Mask
5 Exposure Meters (Weston,
brux and Sixtus)
also
3
658
H.K. Lands, $361.
H.K. Trams, $17.85.
China Lights (0), $8. Watsons, $9.30.
-9171
$10)
; ; :
293)
E93
TAN $14
Banke
H.K. Banka
Do. (Col. Bag) ***.
Do. (Lon. Bag.}
... € 89/10 Charmind Banki ****
31 Marosadila Bha. "A"
£19 Mercantile Bks, "0" Bank of Bank Asta i |N, C. à B. Boats .... Insurances
$230 Camion Insurancas vis #490 Union Immapallosa
96 cts. Underwriters.
H.I. Fiews.
Shipping
$145 Douglas
Steamboats
$50
+
--
Docks, Wharves,
Godowns, ets.
::
$1400 2031
60 at
$2.30
$490
75 cte
$171
$145
11
$11
1100 Indo-Chin
{Prof.)
$100
75/7
Indo-Chinar (Del.)... Shells
$120
70/7
Waterboats
$7.60
$100 H.K. & K. Wharvm
$100
Provides
$4.35
Providents (new) ***
221.80 $89 $19.30
$21.80
H.F. Docks C. RTS... $21.80
H.K. Docks X. Rta....
$19
do Rts.
$422 Shanghal Dooks §. ...
841
Mining
19/0
$9.66 Raabe ..... Venezuela Gold Fide
39.75
34
19/0 Kailan
80
15
17
13
21
13
.18
MANILA GOLD SHARES „Atoks 17h. Antamok 138. Baguio Gold 20b. Batong Buhay 01s Blg | Wedge 18b... Coca Grove 083b, Con. Mines D03s, Demonstration 083s, LX L 32b, Ipo Gold 091b, Itogon Mining 223, Masbate Con. 09b, Mine Operations 09s. North Ge- marines 047b, Paravale Gummaus 17s.. San Mauricio 689. Surigao Con 18b, Suvac Con. 13s; ayndi- eate Inv. 017b. United Paracale 23ža, Mindanao Motherinde 0919.
$5
84.40
#
88
13
13
471
a small increase of £3.039 at markets following the outbreak Om-E338,348, but whereas a year ago of war in Europe. There can Jap. 5% Ster. Loan, 1907
we provided out of contingen-be no doubt that the
strain of Jap. 6% Ster, Loan, 1924 534 cles account a sum to meet the the "incident in China." now in Ger, 7% Intl. Loan, 1924 depreciation on Government. a-its third year, and the enormous Chartered Bank curities, this year It has been increase it has created in Japan's internal indebtedness, has pre- charged against general proñts.
from benefiting to Anal vented her It is proposed to pay a dividend, at the rate of 10 per any extent from her position
confict in the fom the half- a neutral in cent per annum
Europe; no improvement seems
the inciden*** likely until
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, year to December 33 last. Stop Watches, Barthel Burners, Surgical and Dental Instruments, Enlarging Bulbs, etc.
"
"On View from, Tuesday, the 16th
April, 1940.
Terms: Cash on Delivery.
LAMMERT BROS..
AUCTIONEERS.
اه
PUBLIC AUCTION.
THE
HE Undersigned have received
Instructions
to sell by...
PUBLIC AUCTION
00
Wednesday, the 17th April, 1940
commencing at 5.15 pm.
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.
.
is Chosen Corporation
CHINA In spite of such a large portion, peacefully concluded and normal Pekin Syndicate of China being under the contrading conditions "are, rendered E'hal Elec. Constr. Co. E'hal Waterworks "A". trol of the Japanese and
the possible. Yangtze and Pearl rivers being You may remember that after Union Insurance closed to foreign shipping." it our annual meeting last year Gula Kalumbong Rubber seems remarkable that trade in there was an extraordinary meet- Allied Ironfounders na. small volume continues to ing to apply for a renewal of the Asso. & Bec. Industries emanate from that country. Bank's charter. The new charter Austin Motors, ord
carries Cable & Wireless New Shanghai St.11 maintains its is now in operation. and
Form, ord. in Chinese us on for a further thirty years, paramount position
until July, 1989. trade.
have The report and accounts been well maintained, and loca! unanimously adopted,
Hongkong trade figur
*1*
HONGKONG
SHAREBROKERS'
ASSOCIATION $17.65
:
4 eta Hong Kong Mines...
Lands, Hotels and
Buildings
H.K. Hotels
#38 H.K. Lands ........... $10 Do. 4% Debatitres $14.30 Shanghai Lands
H.K. Beative
Humphrey. ..............................
$103 Chine Estate
Cotton Mills
$48
Kwo, (8.)
$190 8 hai Cottone (8.).......
Zoong Bings (8.)
Wing On Tartilos (6.)
Pablo Utin tiem
H.K. Black
Macao Beacion i
$11; Bandakan Lights .....
Telephone (oh)
[Telephones (naw}
Tractions
(Tractions (prat.)
Industrials
| 814,90) Cold,, Kang. (Ord.) 8.
J12
15
$301
$100
$4.40
$7.00
##
328
$10
21/0
$48
$190
$65
$100
TRIWays
$17.70
7
88
[Punk Tramme (obil) ...
9-3/16
23
HK. & S'hal Bank (Idn.
Reg.) HK. & S'hai Bank (Col.
Reg) Chinese Eng. & Mining
(bearer)
Volume of Business Transacted on Monday, April 15, 1840.
Pank Trame {i}
$88 Star Ferrion
$68
93+
AS. Watsons
*500 $ 9.00
$251.
T'mati› Ferrisë
$95
Do. (new)
100
9.25
$7.90
China Lights (0)
$8
$7.95
93+
500
8.30
35.20 China Lights (New)
$4.80
Cuina Lights (Q)ʻ...
350
8 00
China Lights Rtu.
****
19
100
8.00
$65+
6/6
HK Hotels
1000
$21
*5.10
2
ELK, Tramways
700 17.85
$28
$281
151
$10
15:
3250
291
18/6
*Sale on Saturday, 13th inst. The total value is $31,370,00
14
39/11
Cald Macg. (Prefi) B.
$1
Cantón lowe
15/7
United Steel
22/71
$17) Canola
$17.15)
Smethwick Drop Furg. ...
€5.56
Böpe
#51
60+
Armstrong Stevens, ori.
8
Miscellaneous
B.-A. Tob, (bearer) were Mexican Eagle
108/3
Pressed Steel, com.
17/3
$21+
Dairy Farm.....
$21.35
121
Vickers, ord.
17/3
Dairy Farm
Cammell Laird, ord. Mexican Eagle
7/3
Woolworths
$0.80
Ch. É'tainmente
$6.80
63/8
Constructions (old)
$1.85
8/4
Anglo-Dutch
22/9
Construction
38
68
Rub. Plant. Invest, Trust 30/9 Burma Corporation
+371
Lane Crawforille ................
.9/71
Nanyang Tobacco -..
$31*
35/0
Commonwealth
Mining
32
Bincarn
12
Gen. Electric (England)... 79/71 Guinness (A) Son & Co.
78/3
Marsman Investments ... Randfontein Estates
14
89.20
Watsons
39.20
39/43
$102.E. Gori, 4% Lokas,
62% Ch. G.6% 19960 3B4.
13
Western Holdings .......
17/11
$97
H.. Gort. #3% Losa
Bristol Aeroplane
14/9
Sub-Nigel
196/3
$39
E.E. Wig Che
$39
Imperial Chemical Ind. Imperial Tobacco
31/3
Tanami Gold Mining
ed.
{S'hal. Wing On
$14
115/71
Anglo-Iranian.
53/9
8
Vibro Piling
52
Burmah
TO..
89/41
Shell Trans. & Trad.
73/9
- (bearer)
75/71
54
*---Nominal
64/9
BRITISH AIR TRAINING
"
Courtaulds Distillers
Dunlop Rubber.........er
PLAN A DEMONSTRATION Hawker addeley Aire...
OF IMPERIAL UNITY
ק
TORONTO—“SUCH A GREAT DEMONSTRATION OF OUR IM-Marks & Sp'cer "A" ord.
Rolls Royce PERIAL UNITY. SUCH A PROOF OF OUR DETERMINATION TO PURSUE, TOGETHER OUR COMMON CAUSE; such a proof of the Leyland Motors wisdom of our system and our conception of democratic Empire; Tate & Lyle proof that we are a loyal family, ready always, not only to defend Turner & Newail ourselves, but to defend each other; proof that one common link
of loyalty to the Crown, and loyalty to our ideals, binds us com- Dletely together."
the
PATIENCE URGED
In these terms, Honorary Air conditions have a valuable asset, Marshal W. A. Bishop, V.C., D.S.O., he said M.C.. D.F.C., recently appointed Director" of Recruiting for
This was not solely a war of Royal Canadian Air Force, ex-man-power, he pointed out, and pressed his views "as to the merits to the many thousands who have of the British Commonwealth Alr volunteered their services in Training Plan, In an address to just cause, and who yet have not members of the Institute of Char- been called, he said, "please. have tered Accountants of Ontario. patience, and be patient with us. here.
We will need you all."
On View from Tuesday, the 18th a
April, 1940.
Terms: Cash on Delivery.
LAMMERT BROS.,
AUCTIONEERS.
People Who Matter
PLE WHO
MATTER, to the advertiserare
PEOPLE
the people who
can afford to buy
his goods. Most
of these people
buy and read the
Hongkong Daily Press.
GLORIOUS LINKS
Do- the
While soldiers of one Dominion would be trained by themselves as
unit representing that minion, they would go to Front as such, and remain com- paratively isolated, as far as real
concerned, from) organization is those who are defending the same causé on cither flank. This Air Training Plan, he says, "gives us an opportunity to know and ap preciate each other and see each other's point of view. The result will be an Air Force which will weld more firmly the glorious links of Empire."
day
The training of present pilots in the R.CAF. was com pared with that of 1914-18, and a complete outline of training under the Air Plan was given, from the time of enlistment to the time a pilot is posted on actual war duty. The finished pilot of today goes into battle with at 16, least 200 nying hours to his credit. Air Marshal Bishop said that hel had only 400 hours in the air atį the end of the war.
Canadians were warned against underestimating the strength of Germany and the seriousness of the new war. Although German
SHOE CO.LTD.
HONGE.ONG SUPPLIES "ALL..
KINDS OF FOOTWEAR
BUTTERICK Expert Ladies' Tailor Wyndham Street, Tel 23615.
SALE
FOR ONE WEEK ONLY From 18th to 22nd April. ALL FROCKS. & DRESSES AT REDUCED PRICES
THREE-YEAR PLAN FOR KANSU
f-ex-dividend
| Maremmans Iriv. (Los)
{Marsmans Inv) (HK)
{Wm. Powelle
'Shanghai
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
EAT AT
Jimmy's
Help your friend and his Hobby by giving
ΤΟΥ
Alers of the last war were superb, Speaking on the difficulties of they were beaten, he declared, and organizing and evolving such a will be beaten again because "our scheme, the Air Marshal stated Air Force is a volunteer one as that considering its tremendous opposed to the robot-link prin- proportions a great deal has been ciples of Prussian conscription." accomplished in. A short time. The world, Including Canada's "This was only possible due to the enemies, must be made to realize ginning as from this year and it sincere desire of the Motherland, that all of the country's resources, 18 expected that within three Australia, New Zealand and Cana- "bath material and spiritual,"
LANCHÓW, ADI. 15 (Central) POSTAGE STAMPS The Kansu Provincial Government has drawn up a three-year cotton cultivation plan for the province. The plan will be enforced be-
ona
da to see each other's point of would be thrown into the conflict years the province will have 500,- view, and to act immediately with without hesitation, said the Air 000 mow of cotton plantations. only
Altogether 37 hsler, including nbiective in
"It will require our view Marshal. unity."
joint efforts and the total re- Lanchow, Pingliang and Ching: Canada was chosen because or sources of this country to win the yuan, will be marked off as cotton it perfect geogarphical position; war. "But as far as winning the producing centres. chosen because since flying began war is concerned, of that there the youth of our country have can be no doubt.
the pride of those who know that
been
"To such a-task we dedicate our the day is come for Canada to. alrminded, Canada WIN chosen also because Canadian air- lives, everything that we are, and spend her might for the principles men through having mastered the everything that we have," con- that gave her happiness and the hazards of our rigorous winter cluded Air Marshal Bishop, with peace which she has treasured."
his Collection
and
SEEDS FOR HIS
GARDEN.
We can supply the goods of his and your want
GRACA & CO.
Dealers in Postage Stamps, Garden Seeds," "etel,” etc. No. 10. Wyndham Street,„,. Established 1896. Hong Kong.
YOU CAN NOW EAT:
MARBLE HALL
(and Annexe Private Hotel). 34, Granville and 193, Austin Roads, Kowloon, tennis courts. Beautiful garden. Rooms and sultes with private bathroom5, All modera conventences. Apply· proprietress, 103, Austin Road: Phone 50233 and 34, Granville Band. Phone 59433.
HOTELS
COOKED IN THE
RUSSIAN FOOD RUSSIAN WAY
TABLE D'HOTE $1.00 ALSO A LA CARTE " AT THE
METROPOLE HOTEL
TEA DANCE DAILY
5 TO 730 PM. MUSIC BY THE METROPOLE SWING BAND
1940 ZENITH
NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG
Telephone 24311.
54. Des Voeux Road C.
AUCTIONEERS
GREATEST COLLECHON OF BARGAINS IN POWNI
LAMMEETS AUCTION
BARIM
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street, Telephone No. 22224,