HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

PUBLIC AUCTION.

THE

THE Undersigned have received instructions from the Regis-

"trar. Supreme Court

TO SELL BY

PUBLIC AUCTION

ON

Saturday, the 20th April, 1940

at

12 noon

"t

וי

their Sales Room No. 2. Connaught Road Central, 2nd Floor.

12

The Goods and Chattels at No. 5 Hankow Road, 3rd Floor.

Terms: Cash on Delivery.

LAMMERT

BROS.,

- AUCTIONEERS.

FINANCE

Finance and Commerce

Strangling British Trade

JAPANESE POLICY

IN TSINGTAO.

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Friday, April 19, 1940.

H.K. Banks

Dairy Farms

Douglases

HK, Electrics

2 $1,505.00

100

21.60

100

120.00

50

120.00

100

$5.75

17.85

0.47)

5,852

Apr. 19 Reuter)-K. Tramways....500 LONDON, Asked in the House of Commons | United. Paracales 5,000 yesterday by Captain Alan Graham (Con) whether the Asia" Develop- ment Board was responsible for the discrimination against Bri- tish shipping in. Tsingtao,

Mr. R. A. Butler. In a written reply, said: "I do not think it would serve any useful purpose to assess responsibility for discrimination against British interests of, any particular Japanese agent

*Sale on Thursday, the 18th. Inst. The total value is $41.045.00.

"Wherever such discrimination cccurs representations are made to the appropriate Japanese authority or to the Japanese Government it- self."

HOSTILE ATITTUDE

LONDON METALS

EXCHANGE

London. Apr.. 18 #Reuter),

TIN

buyers sellers

5:

£ Standard, Cash 255-1/2 255-3/4 Standard,

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

Set'ment Price 255-1/4 Straits

275-3/4 to 280-3/4

British trade in the Far

Mr. Robert Morgan (Con.) de- clared that the, Japanese authorl- ties in Tsingtan recently asked an ing Important American corporation | East.” why it had shipped cargo in a

In a written reply. Mr. Butler. British vessel, and informed it said: "Lord Halifax's attention

PUBLIC AUCTION. that if further shipments arrived has been drawn to the report to

THE

HE Undersigned have received

Instructions

to sell by

PUBLIC AUCTION

on

Monday, the 22nd April 1940 "commenting at 11.00 am.

at: No. 57, Wyndham Street.

41

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

1 Frigidaire

also

1 Billiard Table Dining Table

Model) and Accessories.

On View from Saturday, the 20th April, 1940.

ap-

In other than Japanese vessels question. but confirmatory evidence they would not be accorded the cannot be obtained. There same favourable importation faci- pears to have been a number of Htles as cargo in Japanese vessels.instances where shippers have been Mr. Morgan' suggested that this influenced to ship "other than by case be taken up with the Japan British, vessels and the whole rat- ese Government as a typical ex-ter is now receiving active con- ample of Japan's policy of strang- Isideration.

HONGKONG SHARE QUOTATIONS

SHAREBROKERS' ASSOCIATION

STOCK EXCHANGE

Buyerd

Bellera

Males Norial

FRIDAY 20. APRIL.

Lager

$1303

-1510)

£94

£0

212

$73

---

$500

$171

1

Terms: Cash on Delivery.

LAMMERT BROS.

AUCTIONEERS.

$11

THOS. COOK AND SON 84 35

(BANKERS)

Thos, $19.40

The balance-sheet of Cook and Son (Bankers) for the financial year ended October 31 again exhibits a high degree of liquidity. This 18 particularly noteworthy in view of the excep- tional events of the year, cul- minating in the actual outbreak of war. As will be seen from the subjoined table the cash holding is only slightly below that of 'the as deposits previous year, and

have declined by. £570,000 the cash Tatlo has risen from 19.4 to 21,5- per cent. The bank also holds large short-term assets in the shape of money. at call, bank de- posits at interest, and India Gov- ernment Treasury Bills represent- ing a further 54.3 per cent, of the deposit liabilities which are thus. covered by cash. short-term loans, etc.. to the extent of 75.8 per cent:

Oct. 31, Oct. 31,

::

Banks

B.K. Banks

Do. Col. Beg.)

Do (Lon Lon

Chartered Banka

F3 Marcantile Bks. "A"

Mercantile Bks. "C"

Bank of Bari Asts ....

N, C. & B. Broke

Insurances

$230 Cantos Insurancen

Union InsurKDOOR

85 cts. Underwriborn

H.L. Fir

Shipping

$145 Dougla

Steamboats

8100 Indo-Chinso

Indo-China. {Det.).....

Bellers Sales Nominal

H.K. STOCK EXCHANGE

British Trade

In China

HANKOW BUSINESS AT STANDSTILL

LONDON, April 19

(Reuter)

Aware

The market, has drifted about The question of the import trade aimlessly during the week, and no in Hankow, was raised in the clear indication of what it really House of Commons by Mr. Alfred wants to do is apparent The turn- Knox who asked whether Mr. ower has been 'sizable, though the Neville Chamberlain was number of HK. Banks and Unions that to an increasing extent the being that have changed hands has city's import trade was materially assisted the bulk, Clos-monopolised by the Japanese,

Mr. Knox asked what steps the Ing tone uncertain but there are

no indications of inherent weak-Government were taking to restore and protect British trade in the interior of China

ness.

BUSINESS DONE DURING THE WEEK

Mr. R. A Butler replied that according to the latest information HK. Banks $14821, $1490, 51495, received, trade in Hankow

$1500, $1510.

Unions Ins.. $130, $500,

Wharves, $991.

Docks Cüm, Rts, $21.00,

Docks Rts. $61. +

H and S. Hotels, $5.10. H. and S. Hotels X.D., $4.70. Lands $361, $364.

Humphreys, 58.

Realties, $41.

W**

practically at a standstill, and what little trade that remained though was in Japanese hands.

a few shipments of wood qil, on American account, hud taken place.

No opportunity was Jost in drawing the attention of the Jap- anese Government to the Importance His Majesty's Gorem-

Tramways. $174. $17.85 $17.90, ment attached to the relaxation of

$18, $17.00

Yaumati Ferries. $251.

China Lights (0), $7.85, $8,

K. Electrics, $651, $65.70. Telephones (0), $29

$28.40.

$28). Telephones (N), $10. Watsons. $9.20, $9.30, $9:35. HK Mines. cts.

BUYERS

AK, Banks, $1505. Bank of East Asia $73. H.K. Fire Ins.. $171 HK. Steamboats, $11. Docks Cum. Rts.. $217. Docks X. Rts., $19.40, Providents. $4.35. Lands, $363. Tramways; $173. H.K. Electrics, $654. Macao Electrics, $20}, Telephones (0), $283, Telephones (N), $10,; HK. Ropes, $51. Dairy Farms, $211. Watsons, $9,35. Wm. Powell. $1]. Entertainments, $6.80.

SELLERS

Douglases, $120.

H. and 3, Hotels, $4.75/70.

HK Electrics, $651

Telephones (0), $28.70.

Dairy Farms, $211

Watsons, $9.35.

the existing restrictions on British trade.

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

· London, April 18.. The following quotations are the middle prices at the close of the market in London. All quotátlony, are subject to confirmation and no responsibility is assumed for errors In transmission,

..

War Loan, 31% (Reg

after 1962) Canton-K'ioon Rly. 5% Chinese 41% Gold Loan 1898 (Brit. Issue)..... Chinese 5% Gold Bonds.

1925-47 Chin. 41% Anglo-French

Loan, 1908 Chinese 5% Crisp Loan.

1913 (Ldn. Is)

Chinese 5% Reorg, Loan...

1912

Chinese 8% Ster. Notes.

1925 Vickers)

SATURDAY, APRIL 20, 1940. -PAGE 9

EVERYBODY'S,

Favourite

KOREN BATIM4100

Black me

"BLACK&WHITE"

NO IF OR MAY BE IT'S THE SCOTCH.

WEEKLY RETURNS AND REPORTS

'BANK OF ENGLAND

Public Deposits Other Deposits: ---

Bankers

Other Accounts Total

£

ין

London, April 18 (Reuter).""

April it

Apt 18

E

22.880

28,650

234,020

114,060

42.50

39,740

166.510

154,700

Government Securities

137,220

129,440

Other Securities:-

Discount & Advances Securities

5,540

4,050

20.480

23,950

28.020

991

Notes and Colna

41,800

27,900 43,580

15

Total Bullion

1,220

1:160

639,420

637,480

Ratio of Reserve to Liabilities

22.07%

23.82%

.. 163/.

168/

52

1 གའི ་ ཡ ༣ ༈ ⌘

Total

Notes in circulation

Price of Cold at which holdings are valued

#

LONDON GOLD

50

HK. & Shal Bank (Col.

27

Reg) Chinese Eng. & Mining

(bearer)

94

18/0

London, Apr. 18 Reuter).. Bar Gold: Fine per oz., "168.

$1510 294

37

Chosen Corporation

676

£94

£302

Docks Cum. Rts, $22. H. and S. Hotels, $44. Tramways. $18.

Fekin Syndicate .......

2

11

S'hal Elec. Constr. Co.

15

Leyland Motors

73/11

£12

SALES

Chin. Imperial Rly. 5%

Loan

Shai Waterworks "A"...

*15

Tate & Lyle

54741

60

Union Insurance

291

Turner & Newall

84/8

United Steel".

$75

HK. Banks. $1505.

Honan Rly, 5%

15

Gula Kalumpong Rubber

18/9

23/11

***

50 ct

Hukuang Rly. 5%. 1911..

19

Allled Ironfounders ......

14

Smethwick Drop Forg.

13/9

$495

$171

፡፡

$230

$500

Hukuang Rly. 5%, 1911

German Issue)

Asso. & Elec. Industries Austin Motors, ord.

30/104

Armstrong Steveas, “ord,

6

15/6

Pressed Steel, com,

17/11

¡75 cts

Lung Tsing & U. Hai

Rly. 5% 1913

13

Cable & Wireless, New

Form, ord.

Vickers, ord.

18..

Wodworths

594

62/6

$145

:

(Prod.)

$20

72/6

Shells

$100 $120 72/8

Atoks

87+

Waterbonis

$78

Docks, Wharves,

Godowns, etc.

Providenta

Providenie (DOW)

190 H.K. & K. Wharves

H.K. Docks C. RTS... $214 H.K. Docks X. Rts....

do Rts. 347 Shanghai Books ....

8901

***

$991

84.35

210

$6.70

847

Mining

18/9 Kadians 89.65 Baubs

MANILA GOLD SHARES

Antamok 155,

113. Baguio Gold 18b,

Batong Buhay 1015, Big Wedge 17b, Cocą Grove 091b, Con. Mines 0025s, Demonstra- tion 081s, LXL. 31s, Ipo Gold 091s. Itogon Mining 20s. Masbate Con. (Ger. Stpd. Supl, Loan) 085. Mine Operations 0815, North Jap. 5% Ster. Loan, 190751 Gamarines 047s. Paracale Gum- Jap. 6% Ster. Loan,, 1924 maus 16js, San Mauricio 60s, Buri- Ger, 7% Intl. Loan, 1924 B gau Con. 17b, Suyoc Con, 11b, Syn- Chartered Bank dicate Inv. 0175, United Paracale HK & S'hai Bank (Ldn.. 2115. Mindanao Motherlode 081b.

S'hal-N'King Rly. 5% Tientsin-Pukow Rly, 5%

(Brit. Stpd.) Tientsin-Fukow Rly. 5%.

(German Stpd.) Tientsin-Pukow Rly. 5% (Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%

31

B.-A. Tob. (bearer)

105

Anglo-Dutch

22/3

Mexican Eagle

121

Rub, Plant. Invest. Trust

30/3

13

Cammell Laird, ord.

7/3

Burma Corporation ......

9/3

Commonwealth

Mining

Mexican Eagle

6/1

13

Courtaulds

37

Distillers

68

Marsman Investments..... Randfontein Estates

14

38/1

13

Dunlop Rubber

35/8

Western Holdings

16/3

Gen. Electric (England)" 80/1)

Sub-Nigel

192/6

45

Guinness (A) Son & Co.

78/3

Tanami Gold Mining:

6d.

Hawker Siddeley Airc. ...

12/9

Anglo-Iranian

53/9

7

Bristol Aeroplane

14/6

13

Reg.)

94

Imperial Chemical Ind. Imperial Tobacco. Marks & Sp'cer "A" ord. Rolls Royce

31/3

115

49

90

Burmah

Shell Trans.

(bear 7

*Nominal

I-ex-dividend,

70/77

*

Trad.

72/6

18/9

89.76

34

822

$65

Venezuela Gold, Fide Lands, Hotels and

HONGKONG SUPPLIES ALL

Buildings

14.65 $361

84.70

H.K. Botal

+

H.K. Leads

8.

2361

$100 Do. 4% Debentures

+

X.D. 843

$100

SHOE CO.LTD.

84.40 H.K. Beaiting

88

832

$16.20 Shanghai Lands B.

Humphrey m

8103 Chinese Eriates

Cotton Mus

Ewo. (B)

$198 Bhai Cotton (8.)

Zoong Binge (8.)

Wing On Textiles (8.)

$4.40

87.90

$61.. $190

$65.70 657

14 A

8100

Public Utilities

1939

1938

Liabilities

Capital

Reserve

Current, deposit,

3

£

125,000 125,000

125,000 125,000

and other ac- counts

Assets

$65 822

Cash Remittances br

transit Money at call and short no- tice:

3,451,661 4,022,180

743.617 780,887

8281

$10

** DE

$18

Tramways

$17.80 $18

88

Peak Trazne fold)

$4

Pank Truma. {jera) p«.

$58

Star Ferrien

$87.00

$68

89

'mati Ferries

$25

Do. (now)

China Light (0)

86.20

China Lights (New) Chin's Lights Rta.

$8 $8.10 $4.90

$65.70

B.K. Kotrich

$65

Macao Baokios

#11

Bandakan Light ............ {Telephones" (old) ............

Telephonse (new)

$281

PAD

$10.10

232,852 156,509

$12

Traction nequeunengan Tractions" (prat.) Industrials

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

Cald, Meeg. (Pref.) 8.

21/0

14

Bank deposits at

interest

265,000 300,000

998,750 1,879,526

Canton Iomunnen.

વાં

$17 Console

$17.30

Ropes

MiscellaneoTLÉ

India Govt.

$21

Treasury Bills 376,875

239,167

British, Indian,

$6.80

and Dominion

$18 Si

Dairy Farm... Dairy Farm

Ch. É'isinment ...... Constructions

$21.35

$8.80

(old)

$1.85

Constructiona {DOW)

Govt. securities 718,481 742,207

$7.85

Lane Crawfords

48

Other securities..

42,056 39,252

Nanyang Tobago ....

$31

and

Advances to cus-

tomers other accounts 317,401 323,084 "In addition to the published re- serve, which remains equal to the pald-up capital, there are substan- tial internal reserves. "Of the in- vestments, amounting to £758,517. (which appear at below market values), 694,363 are represented by British Government securities.

Sinceres vi

$2.10

€9.30

Watsons

$9.35

62% Ch. G.5% 19250 $34,

-329

$102 H.K. Gork. 4% Loke

102

397

{H.H. Gorb. 3% Loan

901%

$39

H.E. Wing ON

130

}S'hai Wing On goi

3314

$8

Vibro Pilingomägisise

Maramanı Inv. (LAK)

Maramana Inv. (H.K.) Wm. Powelle

#Bales

Shanghel

M

KINDS OF FOOTWEAR

BUTTERICK

Expert Ladies' Tailor

16, Wyndham Street,

SALE

Tel. 23615.

FOR ONE WEEK ONLY From 16th to 22nd April

ALL FROCKS

& DRESSES

AT REDUCED PRICES

FOR SALE

Austin Ten-1934 Model-Apply

Box 1455 c/o Hong Kong Dally Press.

INSURANCES

1-455

The National Mutual Life Aucation

of Australasia offers you the beat

conditions for a fund for old age, and

Hongkong Daily Press CLASSIFIED

ADVERTISEMENTS

Jimmy's

POSTAGE STAMP CATALOGUES

1940.

Stanley Gibbons

Whole World,

$16.00

1st Part. British Empire"... $6.50 2nd Fart. Foreign Countries $10.00 $5.00 Simplified

Scott Stamp & Coin Co. và

YOU CAN NOW EAT:-

RUSSIAN FOOD

MARBLE HALL

fand 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 WAY.

TABLE D'HOTE $100 ALSO A LA CARTE AT THE

"

$12.00

your family in case of your de Yvert & Tellier $11.00

Annuities and educational policies ars also issued. Insure now. "Oats :-6, Des Voeux Ed. Central (5th floor Boom No. 66), Bank of Canton Build- ing, Hongkong.

Tel. No. 97478.

Hemident Secretašky,

PH, B. WELLS,

GRACA & CO.

Dealers in Postage Stamps, Garden Beeds, Picture Books, etc.

No. 10, Wyndham Street. Established 1896. Horig Kong.

METROPOLE HOTEL

1940 ZENITH

NEW MODELS Just merived,

NO AERIAL, NO GROUND,

Just plug in and play CHUEN YEE HONG

54 Des Voeux Bond. C.

AUCTIONEERS

GREYTA - PENILOTION OI BARGAINS EN TRAVNI

!

TEA DANCE DAILY

5 TO 7.30 F.M

MUSIC BY THE METROPOLE SWING BAND

Telephone 24311.

ENGRAVEES

FEI FEI & CO. Photo Engravers

18, Cochrane Street, Telephone No. 22724.

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