1940-04-29

HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

FINANCE

Finance and Commerce

PUBLIC AUCTION. ALLIES TO EASE EFFECT OF

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

THE Undersigned have received

instructions from the Liquida tors of the above named,

to sell by

PUBLIC AUCTION

"on

Tuesday, the 30th April. 1940 commencing at 10.30 am.

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

BLOCKADE ON US. TRADE

"WASHINGTON, Apr. 28 (Beut er)—A statement issued through the State Department on the conversations between United States officials and the Allied mission led by Mr. Ashton- Gwatkin and Prof. Rist, says the Allies have promised to do everything präctieable to ease the effect of the Allied blockade and other wartime economic policies on American trade, The statement says the United Both sides now understand States Government reserves ali i much more fully the policies or rights under Internationai law their respective countries and is not to be understood s " accepting any of the principles of Interference with bona fide neu- tral trade

WILL RE-EXAMINE PROPOSALS

The Allled Governments. it is declared, are prepared to examine applications by American Ireporters which had been turned

A SELECTION OF SCIENTIFIC & down.

MEDICAL EQUIPMENT

comprising:-

Laboratory Glassware. Electrical Equipment Thermometers, Spirit and Pressure Burners, Theodolite Stands. Leather, Cases for Leica Cameras and Binoculars, Electric Fans, Lelca sundries and Exposure Meters.

and

1 Leica Xenon" F 1,5 Lens with

caps and case

2 Sets of 16 Involute Milling Cut-

ters all high speed steel)

1 Petroleum Bath for 4 resistances

(with 6 resistances)

1 Weber Electric Drying Oven 220v j

AC.

1 Analytical Balance with weights 1 Metz and Gunther Drawing Board 1 Blological Colorimeter and Hae-

moglobin attachment

1 Field glass adjusting apparatus

1 Rod Hygrometer.

3 Polarimeters

1 Microtome

1 Station Barometer...

On View from Monday, the 29th

April, 1940.

Terms: Cash on Delivery.

LAMMERT BROS.,

AUCTIONEERS..

PUBLIC AUCTION.

HE Undersigned have received

Instructions

to sell by

PUBLIC AUCTION

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 BRÓS..

AUCTIONEERS

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume Of Business Transauted

on Saturday, April 21, 1940,

Tramways

Antamoks

• Providents

It is also stated that Allled Con sulates in the United States wili be prepared to receive applica- tions. for exemption from the blockade provisions for "categories of goods which afford matter for special consideration and are un- obtainable elsewhere than, in Cer- many."

In London on Saturday, authori tative quarters regarded the state- ment as very useful,

The Allied authorities belleve that clarification of intentions and methods will help to remove sources of friction that have arisen or may arise in questions of con- trol of contraband and of enemy exports,

The discussions have brought to light certain cases in which the

Allied Governments are prepared to reconsider the refusal of ap- plications which they recognise to have been hard cases.

H.K. STOCK EXCHANGE

A few HK. Banks @ $1510 and a line of China Lights (OLD) $8 prevented the morning entirely blank.

BUYERS

H.K. Banks. $1500. China Lights (Old), $7.90: Lane Crawfords. $8. Wm Powell, $1. Entertainments, $7

SELLERS

being

MONDAY, APRIL 29, 1940. -PAGE 9

LONDON STOCK | UP-TO-DATE UNDERGROUND.

EXCHANGE

(REUTER'S SERVICE).

London. April 26.

The following quotations are the

Trading With middle prices at the close of the

The Enemy

MONIES PAID TO CUSTODIAN

|...

The following order, in respect of money which has been or Is required to be paid to the Custo- disn under the Trading with the Enemy Ordinance, is issued by flls Excellency the Governor;

THE ORDER Any money required to be pald to the Custodian under the pro- visions of the Trading with the Enemy Ordinance. 1914 shall be paid, in cases in which honey would.but for the existence of a state of war. be payable in a for eign currency to or for the bene fit of a person who is an enemy In such foreign currency if obtain able, but the Custodian shali offer such foreign currency to the Government, for sale as if it were held by a British subject' resident in the Colony under Regulation S (1) of the Defence (Finance) Re gulations. 1940, or, if such föreign is not obtalriable, In currency Hongkong dollars at the official

exchange rate of

quoted by the Hongkong and Shanghal Banking Corporation on the dute on which Atoks 18s. Antamok 12b, Bagule the payment became due to that Gold 181b. Batong Bunay 01s, Ben-person (other than in guet Con. 5.00b, Big Wedge 171s, which money is payable under a Coco Grove 088, Con. Mines 0025b, contract In which provision is Demonstration 0815. IXL. 31s made for a specified rate of ex Itogon Mining 2016, Masbate Con. Changes 09b, Mine Operations 07)s, Paracate

H.K. Banks, $1515. Docks Cum Rts. $22 Providents. 54.40. Electrica, $851.

SALES

H.K. Banks, $1510. Union Ins, $495. China Lizhts (Old) $3.

MANILA GOLD SHARES

Gummaus 151s, San Mauricio 61b, Surigao Con 171s. Suyoc Con. 12s. United Paracale 220, Mindanao Motherlode 083b.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Bayer

Baller

814951

874

itri

$4.20 8440

223

SHAREBROKERS" ASSOCIATION Sales Noolal SATRUDAY 27.

APRIL.

2031 £93

Banks

H.K. Banks

Do. (Cel. Bag) Do. (Lon. Reg.)

£ 9 7/76 (Chartered Banka

£31

Merozatia Bks, "A"

2193 Mercantils Bks, “O” }Bank of Eset Àsia ---

N. C. &.B. Banka

Insurances

$500/ 8495

$230 Canton Izzaenmom Union 3 Insurations 185 cts. Underwriimes $175 H.. Firs

Shipping

$120 Dongle

$11 Bteamboats

|«8100 Indo-Chinas

$80

78/3

{Indo-Chinus (Det.}...

Shella

$8.90 Waterbonis

Docks, Wharves,

Godowns, ete.

$100 H.K. & K. WhareS

¡Providente

Providenia (new)

H.K. Docks C. RTS...

313 65 H.K. Docks S. Rts...!

$6,80

do RtR

638 Shanghai Dooks .

Mining

19/0 Kailstar...

$9.65 Baub.

¿Venezuela Gold Fide

8 cts, Hong Kong Wines ...

Lands, Hotels and

Buildings

H.K. Lands

Bhu iDo. jo Debentures

$37

415

Shanghai Lands

$4.40 H.K. Bealing.......

88 Humphreys

$103 Chinese Estados o

Cotton Mills

$68 Ewo (8.)

$250 S'hai Cations (18.)

Zoong Slags (8.) Wing On Textiles (B.)

Public Utilities

$17/17.55 Tramways,

$8 |Peak Trains fold)

$4 Peak Trams (now) ...

Star Farrios

$58

$25+ T'mati Forries

Do. (new)

$8.06 China Lights (0)

caseg in

MILK AND LARD PRICES AMENDED

market in London. A quotations are subject to confirmation and no responsibility is assumed for errors In transmission.

(Red

War Loan, 31%

"after 1952)

99-9/161 Canton-Kloon Rly. 5% 15 Chinese 41% Gold Loan

1898 (Brit. Issie)

56 Chinese 5% Gold Bonds,

1025-47 Chin. 44% Anglo-French

Loan, 1908

Chinese 5% Crisp Loan

1913 (Ldn. Is.) Chinese 5% Reorg. Loan,

1912 Chinese 8% Ster. Notes,

1925 (Vickers) Chin. Imperial Rly. 5%

Loan

Honan Rly. S% Hakuang Rly. 5%, 1911... Hukuang Rly. 5%. 191

German Issue) Lung Tsing & U. Hal #

Rly. 5% 1913 S'hal-N'King Rly. 5% Tientsin-Pukow, Rly. 5%

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

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

IN LONDON."

LONDON TRANSPORT, THE COMPANY. WHICH CON- TROLS THE CITY'S INTRICATE, TRANSPORT SYSTEM, has been carrying out an ambitious programme of reconstruction and modernisation on London's underground railways for some years.

Efforts to bring the system up-¡ while electric heaters are, placed to-date have been concentrated on as various points.

obviate

securing greater comfort for pas- The seats are of the bucket type sengers, the elimination of un- with loose cushions, and are up- necessary noise, extending lines holstered with porous rubber, to distant suburbs, and safety- covered with attractively pattern- Arst measures

wared material. The timber and paint risks.

are selected so as to give the cars FULL CONTROL

a light and roomy appearance. London Transport controls all The new type of stream-lined' the traffic-butes and motor strap-hangers consist of a flexible coaches Included-for twenty-five rubber stem with a ball at the miles round London. It has end.

eighty-seven thousand employees Doors are very wide, to enable on its payroll, Ore of its stations passengers to beard and leave -Charing Cross-is used by more the train speedily. They are air- than 41.000.000 passengers a year. worked and are fitted with auto- In 1939-including bus services-¦ matic push buttons which passen- the company carried three-thou-sers can operate in the less busy sand -eight-hundred-and-seventy- hours.. two million passengers to work and to play.

Despite the additional burden thrown on the railways by the war.

two Important extensions

NOISE MINIMISED · Important to travellers' comfort is the minimising of noise in the tunnels. This has been achieved

have been opened. New stations by the use of rails, 300 ft. long. have been opened at St. Pauls, and specially jointed, which gives the effect of a continuous rail, Kings Cross and High Street. Kensington.

These were adopted following ex- periments which showed that the

<21

nine-

nel in East London for the ex-

(Ger. Stpd. Supl. Loan) Jap. 5% Ster. Loan, 1907 474 Jap. 8% Ster. Loan, 1924 531 der. 7% Intl. Loan, 1924 74

Chartered Bank

9-7/16

The engineers have practically clack clack of a train passing completed the boring of

teen and a half miles of single tun-over pld-fashioned joints was the notse which irritated passengers

mea-

tension of Central Line trains to most and wore their nerves.

Another noise-deadening the east and they have made good

with progress

Is the building of sound ́extension | sure schemes in North and West Lon-absorbent screens in the tunnels, don. They have completed the which confine the running noises lengthening of platforms on the to under the train. These screena Baterloo and Central Lines to are made of asbestos, with which allow longer trains to be run; and the walls of the tunnels are coated have placed in service 730 'new by means of spraying machines. rallway cars of the latest type.

London Transport is now spend- Eventually this programme of ing more than £1,700,000 in re- Improvements, and extensions in placing rolling stock on its Dis- and "Metropolitan lines. the London Transport area will trict have involved an expenditure of These trains have many advan- considerably more than £40,000,- tages over the old, for they can 000.

be accelerated and braked more Continued on Page 11

ALL COMFORTS Elaborate measures. have been taken to increase the comfort of passengers. All electrical equip- ment.

example, is placed beneath the floor of the coaches, thus avoiding the necessity of

for

HK. & S'hai Bank (Ldn.

Reg.) H.K. & Shal Bank (Col.

Reg) Chinese Eng. & Mining

(bearer).

.934

934

19/8

Furer

Bobers

$1600

2934

Amendments to the standard | Chosen- Corporation prices for the following foods have Pekin Syndicate been notified by the Controller of s'hal Elec. Constr, Co. Food:

Shal Waterworks “A” Powdered MIK (for Domestic Union Insurance use): Nestles Full Cream (5 b.) Gula Kalumpeng Rubber 18/8 $10 per tin; Nestles Full Cream (24 Allied Ironfounders 14 Sales Nominat b. 35.35 per tin: Nestles Full Asso...& Elec, Industries 40/13

Cream 1 lb) 2,40 per tin.

Austin" Motors, ord,

15/6 Sweetened Condensed MUK: Cable & Wireless, New.. Eagle (2 oz. 13 cents per tin

Form, ord. Thick Cream: "K-C" Pure Irish B.-A. Tob. (bearer)

6/6

291

571

105

£936

Cream (5 oz.) .37 cents per tin.

Mexican Eagle

128

£ 7/18

Cammell Laird, ord,

7/44

$31

Mexican Eagle

6/43

£18

Courtaulds

150 ct.

Ib.

Dunlop Rubber

€230

of the old type.

$500

tim

Guinness (A) Son, & Co.

Draught screens

70 cts

IMPORTS FROM UK.

Hawker Siddeley Alrc.

13/3

$175

All orders for foodstuffs from

Bristol Aeroplane

14/7

$120

#111

in Imperial Tobacco

$100

$120

76/3

$74

***** man

19:75

::ཝོ

$1.20

$7.90

86.20 China Lights (New) 84.00

China Light Ets.

H.K. Electric *******

8201 Macao Electros

Bandakan Lighis

Telephones (öld)

Margarine and Vegetable Lard: Purico (30 lb. ting-$8.65 per tin:

Purico (1 lb. tin-70 cents per tin

Purico (Unpacked)-30 cents per Distillers

Coffee: S., & W. 1 lb.)-$1.37 per Gen.. Electric (England)

Leyland Motors

the United Kingdom for consign-Imperial Chemical Ind. 31/7/ ment to Hongkong should future be submitted to the Con Marks & Sp'cer "A" ord. troller of Food for endorsement Rolls Royce

before they are despatched. As no $6.00 control is at. present being exer-

elsed on the export from the United Turner & Newall

Tate Lyle Kingdom of many articles of food,

United Steel endorsement in the case of such

foodstuffs will be merely formal.

Neglect to secure endorsement $16.80 may, however, result in loss of $6.70 priority of shipment by the ex- 361 porters, and consignees are there- fore advised to obtain endorsement in advance in all cases.

Smethwick Drop Forg.... Armstrong Stevens, ord. Pressed Steel, com, Vickers, ord. Woolworths Anglo-Dutch

Rub, Plant. Invest. Truat· 28/9

2991

84.35

$21.95

་་

19/6

$4.35

$100

$4.40

$7.90

!!!

溫

870

$250

$177

$25+

PUSHING CHINA PRODUCTS

Negotiations are going on oe-

having a separate compartment tween the Hongkong branch of for switches. By this means ac- the Chinese Products Manufactur- commodation for passengers is, ing

and Sales Association and

50 that 蠱 train of Messrs. A.

Buys and W. L. van respectively Shanghai

Increased, seven cars of the new type has as Rynberk many seats for passengers as was and Hongkong managers of the provided on a train of eight cars Netherlands Selling Organisation.

Ltd., largest commercial establish- armoured ment in the Dutch East Indies,

glass protect the passengers from for marketing Chinese products in chill, when the doors are opened, the Dutch coloniles..

116/3

72/3

Burma Corporation........ Commonwealth Mining Mariann. Investments

9/3

54/3

Randfontein Estates

*****

65/14

Western Holdinga

16/6

23/73

Sub-Nigel

201/3

13/9 6/6 17/14

Tanami Gold Mhing ...

Anglo-Iranian

6d. 6%

Burdah

72/6

17/101

Trans.

& Trad.

60/6

78/3

Shell

(bearer)

|*-Nominal

i-ex-dividend

Since the outbreak of the Euro- pean war, imports of the Dutch East Indies from Europe have been drastically curtailed owing to transportation difficulties. It k expected that if the present nego- tiations are concluded satisfac- torily. Chinese products will be marketed there in large quantities. Goods in great demand at pre- sent in the.. Dutch East Indies 1 clude enamel, and glass ware. rubber shoes. clothing materials, bicycles and other daily neces-..

saries.

SHOE CO.LTD.

HONGKONG SUPPLIES ALL.

· KINDS OF

FOOTWEAR

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