H.K. Govt. 4% Loan, $102.

Buyer Bollera Skica Nominal

A SELECTION OF SCIENTIFIC & MEDICAL EQUIPMENT

comprising:-

Laboratory Glassware, Electrical Equipment, Thermometers, Spirit and Pressure Burners. Theodolite Stands. Leather Cases for Leica

Cameras and Binoculars, Electric

Fans, Leica sundries and Exposure Meters.

and

Letca "Xenon" F 1.5 Lens with caps and case

2 Sets of 18 Involute Milling Cut-

ters (all high speed steel)

1 Petroleum Bath for 4 resistances

(with

resistances)

1 Weber Electric Drying Oven 220v

AC:

1 Analytical Balance with weights

1 Metz and Gunther Drawing Board

1 Biological Colorimeter and Hae-

moglobin attachment

1 Field glass adjusting apparatus

1 Rod Hygrometer

3 Polarimeters

on

Tuesday, the 30th April, 1940 commencing at 10.30 a.m.

$1490

H.K. Banice

£931

Da. (Col. Reg.) ***

£83

Do. (Lon. Bag)

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

Chartered Banks

£31

Marcantile Bka. *A**

£12

Mercantils Bka, "0"

874

Bank of Bari Anis ...

874

N. C. & B. Banks... Insurances

HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

FLAMMERTS' AUCTIONS

Budget Well Received

LONDON, April 26 (Reuter)—/ Satisfaction at the reception of

PUBLIC AUCTION. PUBLIC AUCTION. the

THE Undersigned have received

instructions

to sell by

PUBLIC AUCTION

I

on

Saturday, the 27th April, 1940

commencing at 11.00 3.1.

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

A QUANTITY OF VALUABLE" HOUSEHOLD FURNITURE

also

1 Majestic Radio Set

11 Pieces Lady's Hand Bags

1 Case Iron Ware

Case Tape Measures

Terms: "Cash on Delivery.

LAMMERT BROS..

AUCTIONEERS.

PUBLIC AUCTION.

Messrs. SCHMIDT & Co., Ltd. (in liquidation) ·

THE

Undersigned have received instructions

to sell by

„PUBLIC AUCTION

021

Wednesday, the 1st May, 1940

commencing at 5.15 p.m.

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

A COLLECTION OF VALUABLE

" POSTAGE STAMPS

On View from Tuesday, the 30th April 1940,

Terms: Cash on Delivery.

LAMMERT BROS..

AUCTIONEERS

CONTRIBUTIONS FROM CUBA

Budget Was expressed by Capt. H. F. G. Crookshank, Finan cial Secretary to the Treasury, in the House of Commons Budget debate.

Capt. Crookshank said that cri- ticisms had not been very loud and had been on an extraordinary line for the Commens-that we had not spent enough and that taxes were not high enough be cause everyone wanted a vigorous.! prosecution of the war.

01

2

MIGHT BE PROPAGANDA statement Alluding to the Mr. S. Amery that Germany was spending £3,000,000,000 year on the war. which was more than Britain and France together. Capt. Crookshank sald be did not know the source of that figure, but might be part of German propaganda. Anyhow it was not only the British and French figures that had to be considerea, but the whole imperial figures. including the Dominions, India and the whole Colonial Empire,

Moreover, our war effort includ ed the potential production Dt other countries which we could use on the cash-and-carry basis

RIGHTNESS OF CAUSE

The war effort of the Allies could not be measured with Gër many's on a pound for pound basis. On our side we had a great many

which Imponderables.

of Were enormous value, such as the right- CHUNGKING. Apr. 26 (Centralness of our cause, the undragoon- -Overseas Chinese in Cuba have led belief of our people in freedom contributed 1,9. $750.000 to the and justice, and also the support Chinese Government since the of the whole Empire and the cer- outbreak of the war.

tain knowledge of all Indepen- There are 27,000 overseas Chi-dent nations that we were really nese in Cuba Most of them are fighting for their survival, as well

as our own.

THE Undersigned have received shopkeepers and workers.

instructions from the Liquida

tors of the above named,

to sell, by.

PUBLIC AUCTION

HONGKONG SHARE QUOTATIONS

STOCK CHANGE

Bayarı Bellers Sales Noti

`SHAREWROKERS' ASSOCIATION

FRIDAY 26. APRIL.

Banks

FINANCE

H.K. STOCK EXCHANGE

This week has witnessed another die period, and the lack of sus- tained support makes it difficult to maintain price levels.

BUSINESS DONE" DURING THE WEEK

H.K. Banks. $1,505, Union Ins., $500, $502†, $500. HK Fires, $175. Douglases, $120. Wharves, $100.

Docks Cum. Rts., $31.90. Docks X. Rts., $19.05. Docks Rts.. $6.70, $6.30. Hotels, $41.

Lands, 3383.

Tramways, $17.55.

Yaumati Ferries, 5254.

China Light (old), $8.05.

Electrics. $651," $851, $65.30.

LONDON STOCK EXCHANGE

(REUTER'S. SERVICE)

London, April 25. The following quotations are the asiddle prices at the close of the market in London. All quetitions are subject to confirmation and no responsibility is assumed. for errors In transmission.

£

War Loan, 34%... (Red

after 1952) Canton-K'loon Rly. 5% Chinese. 4% Gold Loan 1898 (Brit. Issue)...... Chinese 5% Gold Bonds.

1935-47

99-8/181 15

56

52

Chin: 41% Anglo-French

Loan, 1908

60

Chinese 5% Crisp Loa

1913 (Lan. Is)

Telephones (Old), $28.70, $282. Chinese 5% Reorg, Loan.

$29.

Telephones (New), $10.10.

Cements, $17.

HK. Ropes, $5.55. Watsons. $9.35.

Lane, Crawford's, $8.

HK. Mines, 5 cts.. 8 cts.. Govt. 31 per cent. Loan, $97. Ewo Cottons, S.H.63.

? BUYERS

H.K. Banks, $1.495. Bank of E Aşla, $73. Unions Ins.. $495, Providents, $4.30. Trams, $17.45. Telephones (Old) $28. Telephones (New), $10. Lane, Crawford's, $7.90. Wm. Powell. $1.' Entertainments, $7.

SELLERS

H.K., Docks Cum. Rts, $22. Providents, $4.40. Trams. $173. „Electrics, $65.40...

Telephones (New). $10.30.

SALES

Unions Insa $500. Trams, $176/17.55.. Telephones (Old), $29.

Cements, $17.

Dairy Farms, $22.

1913

Chinese 8% Ster. Noten,

1925 (Vickers)

Chin. Imperial Rly. 5%

Loan

Honan Rly, 5%

Hukuang Rly. 5%. 1911... Kukuang Rly, 5%. 1913

German Issue)

8

25}

៩. ៥

11

822 ཀླི ཿ⌘2 ཿ ྂ ྃ

SATURDAY, APRIL 27, 1940. -PAGE

Unrivalled Age and Quality "BLACK

in

& WHITE

THOSE WHO KNOW, SAY

IT'S THE SCOTCH,

WEEKLY RETURNS AND REPORTS

BANK OF ENGLAND

Other Deporta:-

Bankers

Other Accounts Total

Total

Total Bullion

$

1,000

$

FEDERAL RESERVE SYSTEM

Federal Reserve "Ratio

Federal Reserve Credit Outstanding Monetary Gold Stock

Apr.20 (1939) Apr,18 Apr. 25

(000's omitted)

2,564,000 2,457,000, 2,467,000

84.92% 88.04%

2,591,000 2,514,000 2,501,000

15,605,000 18,631,000

13,478.000 1,852,004 9,918,000

88.17%

18,208,000

17

Lung Tsing. Haf

Rly. 5% 1913

13

| 8'hai-N'King Rly. 5%

Tientsin-Pukow Riy. 3%..

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

(German Stpd.)......... Tientsin-Pukow Rly, 5% (Brit. Stpd, Supl. Loan) Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl. Loan) Jap. 5% Ster. Loan, 1907 478 Jap. 6% Ster. Loan, 1924 534 Ger. 7% Intl. Loan, 1924 71 Chartered Bank

44

21

13

13

I'

London, April 23 (Reuter).

April 18

£

April 25 .£

13

Public Deposits

28,650

40,700

13

114,960

103,450

*39,740

40,560

154,700

144,010

Government Securities

139,440

130,850

Other Becurities:

HK. & Shal Bank (Ldn.

Reg.) EX. & Shai Bank (Col.

lleg) Chinese Eng. & Mining

(bearer)

Discount & Advances Securities

4.950

4,860

22,950

27,800

27.580

93

Notes and Coins

43,880

44,070

*1,160

1,220

934

Notes in circulation

53%,48€

$37,150

Ratio of Reserve to Liabilities

23.82%

23.85%

Frice of Gold at which holdings are valued

.. 163/-

188/-

19/6

Chosen Corporation..

0/0

Pekin Syndicate

2

S'hal mec. Constr. Co.

15.

»

New York, April 25 (Reuter).

S'hai Waterworks "A"

15

Union Insurance.

291

MANILA GOLD SHARES

Gula Kalumpang Rubber· 18/14

Bills Bought

U.B. Securites held

$1500

£934

£93

£0.

£31

£124

150 ct.

Atoks 16s, Antamek 12b, Bagulo Allied Ironfounders... 14 Gold 1818. Batong Buhay 011b, Big Asso. Elec. Industries 40/14**

1578 Wedge 175. Coco Grove 08s, Con Austin Motors, ord. Mines 0023. Demonstration 08b. Cable & Wireless, New

X 81s. Ipo Gold 07s, Itogon Form, ord. Mining 21b, Masbate Con. 08is, B.-A.. Tob, (bearer) Mine Operations, 073b. Faracale Mexican Eagle Gummaus "141s. San Mauricio 60s, Surigao Con, 181b, Sugoc Con, 12s, United Paracale 211b, Mindanao Motherlode 087b.

Industrial Advance

571

105/71

121

Cammell Laird, örd.. Mexican Eagle Courtaulds

Distillers

7/44

6/42

23/14

67

Dunlop Rubber

35

8435

$505

**

::

$120

811

880

78/3

**

$4.20 $440

8230 Canton Inanradost ...

Union InsuTANCHO ...

85 eta. Underwrisern

6175 H.. Firs

| Steen boste

8100 Indo-Chines

Indo-Chinas (Def.)...

Shells

$6.00 Waterboats

Docks, Wharves,

Godowns, clè.

$100 H.K. & K. Wharres

Providenta

Providente (naw)

*

$230

$500

70 cta

$176

HONGKONG

Shipping

Dougla

(Prot.)

$120

$117

ASSOCIATION

$100

$120

:

78/3

88.00

SHAREBROKERS'

Volume Of Business Transacted

on Friday, April 26, 1940.

China Providents 1,000 $4.35 Tate & Lyle

Gen. Electric (England) 80/14 Guinness (A) Son & Co. .78/3 Hawker Siddeley Airc.... 13/3 Bristol Aeroplane Imperial Chemical Ind. Imperial Tobacco ..... Marks & Sp'cer "A" ord.

Week-ended

..

14/6

31/71

118/0

46/6

Rolls Royce

35.

Burma Corporation Commonwealth Mining

0/3

BROKERS'

LOANS

New York, Apr, 25 (Reuter). Loan on securities to brokers in New York:-

Week-ended

Week-ended Apr. 20 (1939) Apr: 18 Apr. 25 5551,000,000 $479,000,000 $480,000,000

LONDON STOCK

EXCHANGE

LONDON, Apr. 26 Reuter)-In the Stock Exchange yesterday. in- dustrials recovered after Wednes- day's "hesitance while gold min- ings reached partially. Gilt-edged securities advanced carly but fail- ed to hold all the gains. More in- vestment inquiry regarding Indian Government issues were reported. Wall Street was steady.

Leyland Motors

72/6

Marsman Investments

14

54/3

Randfontein Estates

40

H.K. Electrics

8991

$4.35

HK Hotels

++

$21.90

H.K. Docks C. RTS..

$21.90

H.K. Telephones (0)

240. 65.00 Turner & Newall 200 65.00 United Steel..... 200 4.35 Smethwick Drop Forg.

75 29,90 Armstrong Stevens, ord.

.65/3

Western Holdings

17

23/6

Sub-Nigel

201/3

13/9

Tatami Gold Mining

8d.

6/6

+

$19.65 H.K. Docks N. Rte...., 819.60

Union Ins

17

$6.70/80

do Rts.

88.70

Anlamoks

18

257) Shanghai Docks .

Mining

861

21,745

Woolworths Anglo-Dutch

61

21/12

***

19/8

Kilana

The total value,is $51,055,00.

$9.65 Baude

89.76

Venezuela Gold Piðs. 8 cta, Hong Kong Min ...

Lands, Hotels and 1,

94

Bulidingo

$43 H.K. Hotala

841

$4.65

$37 H.K. Lands

$36)

$10 Do. 4% Debecittree

$100

$4.40 H.K. Beation

$16.20 Shanghai Lands 8

Humphreys

$4.40

$7.00

870

$250

30 500.00 Pressed Steel, com...... 20.000 Ps. 0.12 Vickers. ord.

Hata SHOE CO. LTD.

HONGKONG SUPPLIES ALL

KINDS OF

FOOTWEAR

Rub, Plant. Invest. Trust 29

Hongkong Daily Press CLASSIFIED

ADVERTISEMENTS

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.

Anglo-Iranian

65

Burmah

72/8

Shell

TTS, & Trad.

(bearer)

78/3

-Nominal

-ex-dividend

The Fukien Provincial Govern- regulating ment is successfully the supply of rice in the province Every day, at least 6,780, plculs of rice are shipped from 28. districts where there is a sufficient stock of rice to 21 disirkets where there is a shortage.

1 Microtome

1 Station Barometer.

$8

$103 Chinese Rates

Cotton MBIs

868 Ewo · (8.)

$240

$260

S'hat Cottone (15.)

+

Zoong Bing (B.) ...

*

140

Wing On Textiles (6.) $120

On View from Monday, the 29th April, 1940,

Public Utilities

#17] | 817.85 $17.55]

Terms: Cash on Delivery.

LAMMERT BROS.,

AUCTIONEERS.

#38

$25+

JJ

$851886.30)

$281 $29 $10 $10.30

EXPORT CREDITTM

GUARANTEE

LONDON Apr. 28 (Reuter)—In,j the House of Commons yeater- day Mr. Geoffrey Shakespeare, in reply to a question, said that the Export Credits Guarantee De- partment, on instructions from the Board of Trade, had

been actively considering the situation created by war conditions and the question of extending the trans: fer cover at present available exporters.

It has now been decided to make Important extensions to the existing facilities,

With a few exceptions the pro- portion of transfer. rläk guarantee would be raised frou 75 to 80 per cent and a catastrophe 'such as war or invasion would be express- ly covered.

Tramways demonstr

$4 Peak Trams (www)

Blar Ferries

Y'mati Ferrina

Do. (now)

$6.06 China Lighin (0) 8. 20 China Lights (New)

China Lights Rt. H.. Electric $201 Macao Blackrics $11 Bandakan Lighis

Telephonse (old) Telephoses (new) ... Tractions |Tenotions (prof.) Industriais

4

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

Cald., Macg (Fret,) B.

$12

Craton Joss vriman) Cool

#5.85 Bop...

Miscellaneous

Dairy Farm

¡Ch. Éʼtainmatrim

Constructions

$17+

18 - Pak Tekma (014) ........

$87A

3251

$7.90

84.90

888

$65.30

$29

$10.35

21/0

$17

B17

$5.58

9211

$7

Γ.

Dairy Farm...

$21.80

87

Constructions

(DOW)

Lane Crawfords

37,00

Nanyang Tobacco ...

$7.00 931

to

32

Binoeres $9.35 WatsoLLS

82.10

$9.35

59 Ch. G.5% 1995G #BJ.

8102 H.E. Govi, 1% Loss

10977,

$97

|H.K. Gort, 3% Low

$39 H.K. Wing On

'hai Wing Ou

$30 $14

CA

Vibro Piling

B

14/0

Marsmans Int. (Lon.)

4/4 Marsmas Lov. (HL)

Wm. Powells

EVATAR QUE ~

BUG THIS HORM

·.

Bales

Khangha

FOR SALE

Concrete bathing shed; 2 chang-

BUTTERICK

Expert Ladies' Tallor

YOU CAN NOW BAT:--

HOTELS

ing rooms; 2 shower baths, one New Style Ready Made Dresses RUSSIAN FOOD RUSSIAN WAY

pantry, with water laid on; 2

closets; large verandah: altuated

on Clear Water Bay Road nine miles from Star Ferry. Water al-16, ways clear. "Apply Hon. Sec, R.A. Mess, Kowloon.

INSURANCES

The National Mutual Life Association

of Australasia offers you the best conditions for a fund for old age, and

FOR SALE. Wyndham Street,

Tel. 23615.

POSTAGE STAMP CATALOGUES 1940.

your family in Case of your desth. Stanley Gibbons

Annuities and educational policies are Offee:-5, also issued, Insure now, $1.85 Des Voeux. Id. Central (5th door Room No. 66), Bank of Canton Build- ing, Hongkong,

Tel. No. 97478.

Beaidant Becretary,

H. B. WELLS.

AUCTIONEERS

GREATEST COLLÍCHION OF

HARG MINS IN TOWN!

Whole World'

$16.00

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

Scott Stamp &

Coin Co. $12.00 Yvert & Tellier $11.00

GRACA &

& CO.

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

No. 10. Wyndham Street.•' Established 1896,

Hong Kong.

COOKED IN THE}"

TABLE D'HOTE $1.00 - ALSO A LA CARTE

AT THE

METROPOLE HOTEL

NJ

1940 ZENITH

NEW MODELS Just arrived

NO AERIAL, NO GROUND,

Just plug in and play CHUEN YEE HONG

54 Des Voeur Road- O.

Jimmy's

TEA DANCE DAILY

3 TO 7.30 P.M.

MUSIC BY THE METROPOLE SWING BAND

Telephone 24311.

ENGRAVERS

FEI FEI & CO.

Photo Engravers

༄।:

18; Cochrane Street, Telephone No. 222224,

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