HONGKONG DAILY PRESS

Finance and Commerce

Permission To Enter Necessary

"NEW ORDER BY

GOVERNOR

It is noticed in the Government Gazette that His Excellency the Governor makes the following Order, in the interests of defence and for maintaining supplies and services essential to the life of the community:-

,,。

Permission to enter or be in any premises to which the Order ap- plies may be given by the occupier or a person deputed by him or, if the occupler is a Government de- partment, by a person deputed by the head of that department.

BANK NOTES IN CIRCULATION.

Returns of the average amount

H.K. RECORD REVENUE

The Colony's credit balance as of bank notes in circulation in the end of Feb. Was approach- Hongkong, during the month end-ing the $20,000,000 mark according ed April 30, 1940, as certified by to the Government Gazette, which the Managers of the respective shows that the actual excess of banks:-

revenue over income at the end of Feb. was $19,020,110.

Chartered Bank of India, Aus- tralia and China $25,574,323; E.K. & Shanghai Banking Corporation $195,332,228: Mercantile Bank of India, Ltd. $4.817.550.

Total: $225.724.101.

WAR TAXATION The following is notified in the Government Gazette:-

,,

tax for any year of assessment Every person chargeable with

who has not been required within a period of three months after the commencement of such year of assessment to make a return of The Order applies to oil instal- any income assessable to such tax lations; works: electricity for that year as provided in sub- generating stations; wireless sta-section (1) shall within fourteen tions (including the Broadcasting days after the expiration of such Studios, Gloucester Building period give notice to the Com- second floor waterworks: and cissioner that he is so chargeable, the wharves and godowns of the YEAR OF ASSESSMENT 1940-41 Hongkong Whart and Godown Company Limited..

gs

"SHELL" PRICES

The Astatic Petroleum Company (South China) Limited announce that until further notice their prices of Shell Motor Spirit will bei...

Every person chargeable with

led $3.332,713, and

Revenue during February total- $3.114,848.

expenditure

February's revenue was $375,603 greater than that for the Same month last year, while the actual revenue for 1940 up to February 20 was $8.068,588, which was increase of $1.139.240 over the cor- responding period of 1940.

an

DUTIES FALL SHORT

tall short of the income under Duties during February this year

$873.345 as compared with $909,128. that heading for 1939. being However, internal revenue showed a substantial gain of close on $200.000. The Post Office revenue also increased, but the Kowloon- Canton Railway receipts fell from $162,010 last February to $74.738 this February,

tax who has not by the 30th day Not only did the February ex- of June, 1940, received a notice re-penditure fall below the income. quiring him to make a return un- but it was also $161,780 less than the total for February, 1930, while der Section 27 (1) of the War Re- total expenditure for the first two venue Ordinance. 1940. must give notice to the Commissioner of War Taxation on or before the 14th day of July, 1940

Any person not complying with this requirement is under Section

months of the year was $131.110

less than for the corresponding period last year.

Per case containing 2 tins. H.K 53 (1) (c) of the War Revenue CONVERSION

$15.75; Per unit of 2 new tins Ordinance. 1940, liable upon con- 14.85; Per unit in "bulk, 13:35: Per Viction to a fine not exceeding Imperial Gallon 1.60,"

five hundred dollars.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Bayer

Belleri

$1400 81318

Halen

Nomla!

?

43 •

£0

SHAREBROKERS' ASSOCIATION

SATURDAY 4.

MAY.

Bankr

H.K. Bank

Do. (Col. Mag.)

Do. (Lon. Beg)

Chartered Banks

31 Maronatile Bls. "1"

29 Mercantile Bia, "

Reyer

$74

$75

Bank of East Asia an N, C. & 8. Banks'

Insurances

#230 Canton Insurances ....

Union Insurances ....... $480

3485 X.D

80 ct. Underwriters

3171

$175

H.L. Fir

$11

122

96.70

053

(Prof.)

336)

TH

84.40

$74

Shipping

31,20Douglas

Stainboat

$100 Indo-Chines

Indo-Chinas {Det.)...

71/10 Shell

86.90 Waterboste

Docks, Wharves,

Godowns, etc.

8100 H., & E. Wharvat

$4,35 Providenia

Providents (now) H.K. Docks C. RTS...

$19 66 H.K. Docks X. Rt....!

do Rta. 860 Shanghai Docka .

Moins

2014 Kailan............ $9.6: Baabe cumausere

Venezuela Gold Fide 6 cta Hong Kong Miam

Lands, Hotels and Buildings

84 H.K Hotels H.S. Lands

$10 Do. 4% Debate $18.40 Shanghai “Lands .1..

H.K. Rasitism imenu

88 Humphreya k

$103 Chinese Extins

Cotton Mills

Bwo $9608ba1 Cottons (1)

Zoong Bag (8.) Wing On Textiles (8.) Public Utilities

Tramway.

Peak Trams fold) ...

$17.40

88

'24

144

Park Trans (New) ...

$98 Star Farries

LOAN

The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India, against their notes in cir- culation, is published for general information under Section 5 of the Mercantile Bank Note Issue Ordinance, 1911 Ordinancé No. 85

Ballers Sal. Tomtal of 1911).

81500

£12

50 ct.

$230

8190 X.D

$175

:

Ant

Three per cent. Conversion Loan repayable 1948 1953-Amount: £240,000: 'Latest market price: 99-100.

H.K. STOCK EXCHANGE

A quiet morning, though there was some "chicken feed" produced 70 cts in the form of investment bus!-

ness.

..

$120

$11.50

$100

$120

71/10

86.0

84.95 84.35

2991

$21.35

$19.35 $18.35

$6.80

360

20/4

210.15

*

I.D

+JAZ

$120

$17.40

::

-5671

:

*34* } 24}

$10

21/0

325) ¡Y'mati Ferrion

$4.80/,90

884 8044

821.10

$10

Do. (*) $7,00 China Lights (0)

China Lights (Now) China Light Rte. E.E. Electrics pa Macao BarŠON

$11 Bandakan Lights $28 Telephoon (ok)

Telephone (ww) ̧. Trections

Temotions (pr.) Industrials

$14,90 Cald., Macg. (Ord.) 6.

Cald. Macg. (Fref.) 6.

81 Canton 100mgo

81

817

Comanda

$5.55 Bopes

Miscellaneous

$7.78 $7.00

.328

BUYERS

H.K. Banks $1.490. H.K. Fire Ins. $171. Realtles $4.40.

Telephones (New) $10. Siceres $2.30. Wm. Powell $1. Entertainments $7.20.

SELLERS

H.K. Banks $1,515. H.K. Fire Ins. $175, Docks Cum. Rts, $22.

Lands $37.

.Realties $4.

Trams. $17.60.. Electrics $64.70.

3)

SALES

.K Danks $1,500,

FINANCE & GENERAL

MONDAY, MAY 6, 1940. -PAGE 9

YAUMATI FERRY

MEXICAN OIL

CONTRAVENING

DEFENCE

LAMMERTS' AUCTIONS

MEETING

SUCCESSFUL YEAR IS REPORTED

The advance purchase of large supplies of fuel and stores way of material assistance in bringing about the increased earnings which enabled the Hongkong and Yauma Ferry Co., Ltd., to com- plete another successful year with

nett profit of $465,982.98.

DISPUTE

Arbitration Idea Is Rejected

WASHINGTON, May 5 (Reuter) The Mexican Government, in a note to the United States, fatly

REGULATIONS

Wireless Operators

Charged In Court

Fire additional

charges were

rejects the US. request for arbi-preferred against the first accused tration in the two-year-old ol expropriation dispute.

and three, additional charges

ches of the Defence Regulations,

It considers arbitration incom-gainst the second sccused when. This was disclosed at the Com-troversy and with

patible with the facts of the con- the case in which Leung Tre- hour, Sử Lic Guitong. 2, And Internationa! pany's annual general meeting 'on law, since the matter in dispute

Cheang San-Wai, 35, wireless Saturday by Mr. Lau Tuk-po, is of a domestic nature and near operators, are charged with brea- managing director, when he solution." moved "the adoption of the report The note announces that # came up an remand before Mr. and accounts. The motion was settlement has been reached with E. Himsworth at Kowloon Court duly carried,

the Sinclair interests and pro-on Saturday, There were about 70 share-mises that similar settlements:

It was revealed that the first holders present in addition to the will be made with other U.S. com- and second defendan's were form following directors-Dr. Kwan panies.

Sum Yin (Chairman). Mr. "Kwok Chuen, Mr. Cheng"Kwok On Mr.

Young Tsun Dart, Hon. Mr. T. N. LONDON MONEY

Chau, Mr. Chan Kam Yung. Mr. Wong Kwok Shuen, Mr. Choy Wat Hung, Mr. Wong Chol Hoo.

and

U

stores, Fortunately, large supplies of these had been obtain-

MARKET LONDON, May 5 (Reuter)

The marker's allotment of bills. however, increased by 9 per cent to 43 per cent.

PUBLIC AUCTION.

instructions

THE Undersigned have received

to sell by

PUBLIC AUCTION

Monday, the 6th May, 1940

conumencing at 10.30 am.

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

erly employed by the Govern-

A Quantity of Piece Goods, Ready ment as wireless operators at the Made Dresses, Silk Materials, Un- Water Police Station.

derwear, Table Covers, Pyjama Suits and Sundries.

Terms: Cash on Delivery.

LAMMERT BROS..

AUCTIONEERS

MAY DAY FAIR

St. John's Hall

First defendant, who is repre- Santed by Mr. W. A. Mackinlay. ts on bail of $4.000 An applica tion for reduction of ball fcr Mr. T. A. Martin and Mr. Li

In the money market, funds avall-$1.000, made by

third defendant from $2,000 to Tung were re-appointed auditors.

Y Mr. Alfred able for lending showed marked Hon. was allowed by the Magis- Commenting of the very satis-expansion last week. This is due factory position of the Company,

trate. payment that the

for requisitioned Mr. Lau said

directors

dollar securities and Government

HOW BAIL IS RAISED were happy to report another

and other dividend payments.

Mr. Hon asked that the ball,be successful year notwithstanding

The whole of £80,000,000 offer reduced as the third accused could the outbreak of war and the very heavy increase in the price of fueled was allotted at an average rate only borrow money from money- of £1-4.81. This is virtually the lenders and was forced to pay ấ

Rainy weather did not dampen. same as last week.

high rate of interest.

the festive spirit of the public at Additional charges against the the May Day Fair, held on firs; defendant are that on April Saturday at 18 and 20 he transmitted by tele- (University) Bonham Eead, which graph a message on which the was opened by Mrs, Ho Kom Tong charge prescribed by the Coy at 11 am. emment had not been paid, with With Chinese Boy Scouts on intent to defraud the Government, Duty at the entrance and on the and that he used wireless trans-grounds, the May Day Fair pre- mitting apparatus at the Water sented an animated scene.

Stalls Police Station other than as pro-were set up by various philan- vided by the order of the Post-throple organizations, including master-General.

the South China Industrial Work Second defendant, who is held for Refugees, and the San Yin in police custody, was additional- Poon Boys' Club, which sold rat- ly charged with transmitting by tan furniture. telegraph a message under siml- There was a Chinese curio stall, and a tea department in opera- tion, while the stands abounded in all sorts of goods ranging from balloons and flowers to men's arid women's apparel and toffet arti cles.

ed early at advantageous prices. Continuing. Mr. Lau' said:- Trame receipts from both pas- sengers and vehicles have been. maintained and I feel that this will remain so until the solution of the war in China.

VESSELS REFITTED

Wall Street closed irregular,

LONDON

METALS

EXCHANGE Landon, May 3.(Reuter).

TIN

£

In March last year we acquired the three remaining vessels own- ed by the Hongkong and New

buyers"; seller's Territories Ferry Co., Ltd. Two of them were built of stoel and Standard, Cash 254 *254-1/4 driven by diesel engines.

All Standard, three vessels have since been re-

3 months 251-3/4 252 fitted and given improved accom-

Standard, modation and are very "valuable

Set'ment Price 254 additions to our fleet.

One of them, the former Sun U was.lengthened by the Hong- kong and Whampoa Dock Co., Ltd., which resulted in a "great improvement to the ship's stabi- lity and carrying capacity without reducing her speed."

Straits

274-1/4 to 279-1/4] transmitting

SILVER MARKET BOMBAY SILVER Bombay, May 4 Reuter). Market--Quiet but steady. Off-

Indian Mint Silver

The ferry vessel Man. Tee un- take 50 bars." fortunately went ashore in Hong- hom Bay during the October typhoon and sustained a

heavy bill for repairs and salvage which has been debited to our Insurance Fund.

Barly this year the Man Fat was successfully converted into a diesel engined Ferry, Vessel and has given very good results. In view of this it is proposed to in- stell diesel engines into more ships in 1940,

your

In view of the proposed War Taxation and, the continued rise in fuel and stores, directors are recommending the payment of the same dividend FN for last year, namely, $2.40 on Ordinary Shares and $2.90 on Preferea- tial Shares, and that a large

:

Ready June-3 Settlement July 2 Settlement

59-15 60-01 60-04

DUTCH AIRLINES SHIFTS DEPOT

THE HAGUE, May 5 (Reuter)-

lar circumstances as in the of first accused, and with

apparatus than as provided by the of the Postmaster-General.

case using ather order

WEATHER REPORT senious device

Hongkong Royal Observators

10 am.. May 5. Barometer (at sea level), 29.95 ins Temperature, 70 F... Humidity. 70 per cent. Wind Direction, N.NE Wind Force (Beaufort),,3 Temperature: maximum yesterday.

74 F.. Temperature: minimum last night

68 F.

'today, 0.02 in.. Total rainfall since January 1st

The Dutch Airlines has decided Rainfall for 24 hrs, ending 10th to remove the service depot and reserve pianes from Naples to Bandoeng, Java.. The company's

between service

Naples and Batavia will. however, be main- tained.

Sum óf: over $191,000.00 be carried forward into the next year's account.

S

22.55 Ins. Against an average of 12.37 ins. Sunset tonight, 6.53 m. Sunrise tomorrow, 5.48 a.m.

4 p.m. May $. Barometer (at sea level), 29.86 ins Temperature, 71°F Humidity, 77 per cent. Wind Direction, ESE

Many tried their luck at darts and shooting, but the most in- was. A treasure hunt charted out on the coloured and illustrated maps of North and South America, with fag pins at points of interest. Each person was asked to, guess at which flag. pin was the treasure. The win- ners get free tickets to the King's Theatre.

Proceeds of the May Day Fair will be devoted to St. Stephen's. New Church and other charitics.

"Wholemeal bread, cheese, and an onion have formed the staple diet of workers in former days and can do so again without any loss of. vigour - and health." Physiolog'a Bir Leonard Hill.

Wind Force (Beaufort), 3. Maximum temperature, 14 F. Minimum temperature, &.. Rainfall, nll.

#4.35 $4.45

$36

Union Ins. $480.

$100

Docks Hta, $8.70.

84.40

Lands, $364.

$7.90

$76 $260

$20

$4,80

Electrics $64.

Telephones (New) $9.95/16:

MANILA GOLD SHARES Atoks 168, Antamok 1018, Bagule Gold 16s, Batong Buhay 098, Benguet Consolidated 4806b, Big Wedge 17s, Coco Grove 088, Con- solidated Mines d02b, Demonstra- tion. 086, IX. L. 30s, Ipo Gold 07s, Itogon Mining 19b, Masbate Con- solidated 085, Mine Operations 08b," North Gamarines 0352, Paracale Glummav

15s, Ban Mauricio 59b, Surigao Consoli- dated 18 Suyoc. Consolidated 126. Syndicate Investment 0153, United Paracale 208, Mindanao Motherlode 08b.

HONGKONG

SHAREBROKERS®

ASSOCIATION

Volume Of Business Transacted

on Saturday, May, 4 1940.

200. $19,30

The total value is $3.860.00

ENEMY TERRITORY

ין

SHOE CO. LTD.

HONGKONG SUPPLIES ALL KINDS OF FOOTWEAB

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN!

#

LYNNIRTS AUCHON ROOM Loumari, Bratteri 5. COLUN

Road Calte Telephone Zo 20224.

HONG KONG TIDE TABLE From 6 to 12 May 1940.

HIGH WATER.

Low WAN

Bong

Hong

Kong

Kong

Biandard Standard

Time,

Time

TOO M

Date of

Boight.

・L

04 26 18 3 02 10 8 4

Hongkong Daily Press

CLASSIFIED ADVERTISEMENTS

MARBLE HALL

(and Annexe Private Hotel). 34, Granville and 108, 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, Cranville Road. Phone 59433.

BUTTERICK

Expert Ladies' Tailor

YOU CAN NOW EAT:-

HOTELS

New Style Ready Mads Dresses RUSSIAN FOOD COORD IN THE

FOR SALE.

| 16, Wyndham Street, Tel. 23615.

POSTAGE STAMP CATALOGUES 1940.

Stanley Gibbons

Whole World.

-$16.00

1st Part. British Empire.... $6.50 2nd Part. Foreign Countries $10,00 Simplified

21 28 6215061 Scott Stamp &

0182

36,55

Dairy Farm

$7,90

912

$22 Dairy Farm......... .............

Constructiona (old)

$21.8'

H.K.. Docks X. Rts.

Ch. É'tainmania

$7,20

$1.85.

Constructions (DOW)

**

Lane Crawford

$81

Nanyang Tobacco $3

Mon. 8

$2.30

89.15 Watacus 32. Ch. Gi5% 130 Thần 8:03 H.E. Gos, dỵ, Losar 807 E.K. Govt. #4% Lomp #39 H.X Wing On

B'bal Wing On

18 Vibro Piling

13/6 Marsmans Inv. (Len.).

4/9 Marsmans Inv. (H.K.)

Wa. Powalla

Shanghai

Blincares téper

$2.30

89.15

***

108

961%

$39

#14

It is notified in the Government Fies 7 Gazette that the following part of Poland. is to be regarded as an area in enemy occupation:--The region of Suwalki and areas west

Wed.

Thur. -9

#

381

10.

23 3047) 10 10 7 3

0406

00 18% (4.5)

10 65 73

18 2508

02:12

44

of a line Koino-Lomza-Ostrolenka-Fri. Malkin-River Bug (up to South of Sokal). thence north of a line Set 11. Rawa Ruska-Jaroslav, thence west

Sun 12

of the River-Sain to its source.

06 40 10 8 02 40 2 5.

2205 49 15 45 14 091289

22 48 48

08 40" 7/1,

03.11

"

$5.00

Coin Co... $12.00

6261 Yvert & Tellier $11.00

03 39 9.8

170609 GRACA & CO.

748

13 0

Dealers in Postage Stamps-

04 31 32 Garden Seeds, Picture Books, etc.

06.09 8.4 11 38 17 27 19 26 10°

No. 10, Wyndham Street, Established 1896, Hàng long

RUSSIAN WAY TABLE D'HOTE $1.00 ALSO A LA CARTE AT THE

METROPOLE HOTEL

1940 ZENITH

NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play'

CHUEN. YEE HỒNG

54 Des Voeur Road C.

Jimmy's

TEA DANCE DALLY

5 TO 750 P.M.. MUSIC BY THE METROPOLE SWING 'BAND

Telephone 24311.

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Strect Telephone No. 22224,

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