HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK MECHANGE
SHARKBROKERS' ASSOCIATION
Days? Bollers
جاعة
*
mical
TUESDAY 4. JUNE.
Buyer Sollere Balsomiasi
Banks
41
$1300 $1338
HK. Banke
$1336
Lac
Do. (Col.g.)
£99
70
!!!!
Insurances
£9
Da Lea. Bet ...
Chartered Banks
£30 Maros.üla Bha. “A” 219) Marcantile Bks, “0” Bank of East ADËS ..
$73
N. C...à 8. Ranks in
$218 Canton Insuranom...
$455 Union Insurances 88 cta) Underwrtiers
$150 H. Finit
Shipping
$190 Dongle ------
$11 Steamboa
$150 Indo-Chicas
Indo-Chinma (Del.)...
$8.00 Waterhosia
!!! ⠀⠀⠀
150 ob
ww
1218
HA
$460
170 cts
$170
$190
$100
$80
$100
58/1
Shella
68/11
$0.00
Docks, Wharves,
Godowns, etc.
$03
HK & K. Wharver | $95
$65
Provident
$3,
|Providenie (B/W) ̧.***
$18
H.K. Docks (Old)...
$16.75
$17
HK. Docks (New)...
do Rts.
MA
$161
$31
18/0
$10
13.80
$321
$100
$4.90
$22 Shanghai Docks . ...
16/
Kailang
$0.65 Rauba
Mining
[Vecezuela Gold Fids
6 cts, Hong Kong Wines ....
$4.35
Lands, Botels and
Buildings
.E. Hotels.
H.K. Lands.......B. | $32
$ira Do. 4% Debendorm
$4.30 H.K. Belties ........
Humphreys
$1041 Chinese Estates
Cotton Mills
810) Bro. (B) nan
$210" 8'hai.. Colloca. (8.) ...
|Zoong_Bings (8.)
Wing On Textiles (8.)
Public Utilities
88 Pak Tram (old) ...
$10.40 Shanghai Lands
€7.75
$8
$16
$15
$161,18.10 Tramway
$
$30
Peak Trama (new) ... Star Ferries
A1
Do. (10)
22.85 Y'mati Ferries
86.85 China Lights (0)
$41
China Lights (New)
| Chins Lights, ittu.
E.E. Plectric
$21.10 Macao Blectrics ....................
31 Baddakan Lights .....
Telephone (old)
808
441
$241
310.20 Telephoa
(saw).....
Tractions
▼
Tractions (pr.)
Industrials
$14,90 Cald., Ksog. (Ori.) 8.
$12 Cald. Macg. (Fro£) 8.]
$1 Canton To
.816) Cam
251
Встрое
Aliscellaneous
3201 Dairy Farm........
Dairy Famn...
Constructions
2591
:::
#
**
822 $6.80
$686
8244
210
$4.80
8191
#11
$210
$120
88
$4 $69.
23/0
FINANCE
Finance and Commerce
WEDNESDAY, JUNE 5, 1940. —PAGE
SAFEGUARDING PROPERTY
OF
BLACK & WHITE
NETHERLANDS SUBJECTS
JAPANESE TRÅDE TRANSLATION OF THE
WITH AMERICA
Increased Price
Of Raw Silk
The Japanese Empire increased its exports to the United States in 1939 by 50.8 per cent and imports from the United States by 9.5 per cent, Jays Havus.
ROYAL DECREE
The Consulate-General for the Netherlands, Hongkong, has for- warded as the following translation of the Royal Decree, dated May 24, 1940 to Safeguard the Property of Netherland · Individuals and companies against disposal, contrary to their interests or to the country's interests:-
11
...
provided
the.. always that aforesaid persons, partnerships.. companies. Armis, institutions or corporations were before or at that date resident and domiciled or established out- side the territory of the King- dom. now occupied by the
41
test thier piquen to
•FINEST QUALITYIN SCOTCH WHISKY
THOSE WHO KNOW, SAY
IT'S THE SCOTCH
ARTICLE 1
Rights arising out of debts,.ob- ligations and other causes in ac- tion against persons. partnerships, These agures were quoted re. companies. Arms, institutions, and cently by the New York Times, corporations, belonging to natural) based on statistics released by the and legal persons residing or do- Division of Regional Information miciled in the Kingdom of the of the Bureau of Foreign and Netherlands, including all claims
enemy. Domestic Commerce. This was an for the delivery up of any gold, de- Persons who after the 9th day increase of 23 per cent. in the total posited. Insofar as they are in of May 1940 and before the 15th foreign trade "of "the Japanese any way capable of being mort-day of May 1940 have left the ter- Empire compared with 1938.
raged or offered by way of ritory of the Realm in Europe The 1939 total was $1,338,000,000. | security, transtarred or disposed af, otherwise than for enemy territory Exports were $930,000,000, a new or dealt with in any other way and partnerships, companies, high record and a 32 per cent, outside the Realm in Europe, are firms, Institutions and corporn- increase over 1938, while imports hereby vested in the State of the tions, which accordance with totalled $759,000,000, an adyance Netherlands, as represented by the the provisions of the Act of the of 9.5 per cent. Japan's imports of Royal
Government, 26th of April 1940 No. 200 have The turnover today consisted of
Trams at: American goods were valued at temporarily residing and exercising transferred their seat, registered H.K. Bank at $1325
(Old) at Telephones" $261,000,000 last year and exports their functions in London, subject office or principal place of busi- $18,10, to the United States at $167,000.- always to the provisions of article ness, as the case may be, to other $24/233. Cements at $151 and Dairy 000 The sharp advance in exports | 2
territory within the Kingdom, shall Farms at $20. Was due mainly to the greatly in- The provisions of the first para-for the application of this article. creased price of raw suk.
graph of this article shall also be be deemed to have been resident applicable to all claims, resulting and domiciled or established on the 15th day of May 1940 outside the territory of the Kingdom, op
enemy, provided
Because of the export gain, the excess of Japan's imports over ex- pores in trade with the United
States were reduced to $94.000.000
from- $140,000,000 in 1938.
SHARP RISE
Netherlands
from confirmed credits and from participation in the capital of, or
loans to, partnerships. companies cupled by the or arms, whether or not such that in the case of partnerships.. claims are registered or expressed companies. firms. institutions or The sharp rise in the value of in stock or share certificates, bonds corporations to which article 2 sub B applies, the transfer of seat, re- other documents. Insofar as Japanese raw silk, shipped to the 97 United States netted Japan a these claims belong to "natural or gistered office or principal place of substantial part of the foreign ex-legal persons in the Kingdom of business, as the case may be, has been previously approved by our change necessary for the purchase the Netherlands, and Insofar as
needed import commodities these claims are capable of being Minister of Justice or afterwards Raw silk exports to the United mortgaged or offered by way of been sanctioned by the Governor- General of the Netherlands-Indies, States represented 24 per cent. of security, transferred or disposed of, Japan's exports to foreign-curor dealt with in any other way
Governor of Curacao. outside the Realm in Europe. rency countries.
of
There were substantial value! gains also in exports to the United 816.35 States of tea, vegetable c, fish alls, camphor, unbleached cotton textiles and electric bulbs.
Japan's 1039 Imports of American cotton" declined 11.8 për cent, compared with 1938. Cotton
H.K. STOCK EXCHANGE
SALES HK. Banks, $1325. Trams, $16.10. Telephones (O). $24/23). Cements, $154,"
Dairy Farms, $20 "
HONGKONG
SHAREBROKERS”
ASSOCIATION
Volume Of Business Transacted on Tuesday, June 4, 1910.
the Governor of Surinam or the China Providents China Lights (N)
The
The rights of ownership 'accruing
ARTICLE 3 to the State of the Netherlands, by virtue of the provisions of the first Netherlands-Indles. the Governor Governor-General' of the and second paragraph of this of Surinam and the Governor of article, shall be exercised only for Curacao are empowered, insofar as
ARTICLE 2
Cements
500,
72
1,000
500
500
1,000
1,000
the purpose of safeguarding the it concerns the territory under HK Telephones (0) - 200 rights of the former owners.
their general administration, to
HK: TramwŁYS make regulations with regards to the manner in which proof as in HK. Electrics tended in the last foregoing article shall be given.
Imports were so low during the Rights arising out of debts, ob- Summer and early Fall that the ligations and other causes in ac- heavy purchases made at the tion, as described in Article 1, shall
Insofar as it is not provided for. of beginning
the" year
were be exempt from vesting in the
first paragraph of this completely offset. The year's loss in State of the Netherlands as pro- by the the cotton trade, however, was vided in Article 1, where it is article, such, regulations shall be more than offset-by-Japan's heavy proved in the manner as prescrib-made by Our Minister of Justice. purchases of other. American ed by Article 3, that on the 15th,
ARTICLE 4
6
Ch. "É'tainmente
911
si
Constructions
સં
Lane Crawfords
$1.95
$87
Natyang TabsD
$3.40
82.00 BinoSTER
$2.20
$B
Watson
8.40
26.40
43%. Ch. G.8%, 1995G #Bda. ¦
43
9103 | H.E. Gori, 4% Lossi
103
307
HI.K. Govt. % Loen
901%
839
HK. Wing-On
130
What Wing O
$14
BX
Vibro Piling
$81
products.
10/0
Maramanı'inv. [Lon.)
4/0
Maramadı Inv. (H.K.)
81
Wm. Powell
$1
Shangha!
MONEY
AND EXCHANGE
CLOSING QUOTATIONS] December, buyers at 1/3 for any
JUNE 4, 1940.
On London:-
Telegraphic Transfer. 1/2 7/3 Bank Buis, en demand 1/2 7/A Credits 4 montha'sight 1/3 3/1 - On Shanghai:—
On demand
P 370
62 3/4
..#82 1/2
On Singapore:-
||
On demand
On Japan:-
On demand
On India:-
Transfer.
Telegraphic
and demand
On New York:-
18o 1/9
· Bank Bills, on demand 19 D/A Credits, 60 days' sight 20 5/8′′
On Batavia-
On demand '...............
On Paris:-
38 5/8
~~~~· Bank Bills; on-demand 1000 Credits 4 months" sight 1159
On Saigon:-
On demand
On Manila:
On demand
On Bangkok')--
108 3/4
******** 39 1/4
On demand ............. 145 1/2
On Sterling Notes:-
Bank Buying Rate 1/4
23 172
Bar Silver per oz
Market Report
FROM ROZA, BROS.
Tuesday, June 4.
delivery.
US DOLLARS Opened with sellers at 19.13/16 for June, buyers bidding 19.15/16 resulting in business at 19.7/8 for June and 19.15/16 for Cash. The market closed at 1 p.m. with pro- bable sellers at. 19.15/18 for Cash and 19.778 June, buyers at 20 for Cash.
SHANGHAI DOLLARS- Opened with sellers at 387. The highest rate reported was 398 and towards 1 p.m. business was done at 389. There were sellers at 391 buyers probably at 392.1/2.
SHANGRAI MARKET
Erratic. Sterling opened with sellers at 3.25/32. The lowest rate reported was 311/16. Subsequent ly the market rose to 3.27/32. At the close there were sellers at 3.25/32, US Dollars opened with sellers at 5.3/32. The lowest rate reported was 4.29/32. At the close sellers were reported at 5.1/32 for Spot...
AFTERNOON MARKET The market was quiet in the afternoon.
STELLING
Although not shown in Japanese official customs returns, it is ap- parent from export figures of the United States that Japan's Imports of American scrap Iron, refined
and copper.
metal-working machinery were larger in 1939 than in the previous year. There was
decline in imports of American petroleum products, alreraft and parts and automotive Products.
3
MASS PRODUCTION OF PLANE ENGINES.
WASHINGTON, June 4 (Reuter) ----Mr. Henry Morgenthau, Secre- tary of the Treasury, revealed yes- terday that a series of conferences between government representa· tives and officials of the Ford. Chrysler, General Motors, Packard Studebaker companies had been held here on the question ni the practicability of mass pro duction of aeroplane engines in existing motor car factories."
and
New York Japar
India Paris Hongkong
4-5/8 19-1/2 19-3/8 2.57
23-1/4
Storling
Sellers
Opening Closing
Spot .... 0/3-13/16·0/3-25/32
June
and
July
Bpot
The market closed with" sellers at 1/2.31/32 June-July 1/2.15/16 August-December; buyers. at 1/5 for any delivery. D.S. "DOLLARS Business was reported at 20. Silver prices rose yesterday to The market closed with sellers at the extent of 1.13/18 for Ready 19.15/16 June, buyers at 20 for
and 1.3/16 for Forward, the quota-Cash.
tions being 23,1/2 and 22.3/8 res pectively. Silver advices reported
some bear covering. Offers were scarce. The market was uncertain.
SHANGHAI DOLLARS Closed with sellers at 385.
SHANGHAI MARKET - Opened this afternoon with sel-
New York Bülver was not quoted. lers of Sterling at · 3.25/32 and
The London-New York cross-rate was quoted at 402.1/2. New York-
· London was quoted at 320,1/8.
Quiet.
MARKET
STERLING
There were sellers at 1/231/32 June-July and 1/2.15/16 August-
closed steadier at 3.53/64..
Shanghai Exchange
Shanghal, June 4 (Renter).
Official T.T. Hafen e
Opening
London
0/3-1/2
D/3-3/4 0/3-47/64
0/3-19/32 0/3-37/84 U.S. Dollars
$5-3/32 $5-1/32
6.
4-31/32 43/4 4-23/32 Market:-Uncertain.
June Judy.
Silver Duty Rate
The Central Bank of China's rate on London at 10 am."today was.-1/2-1/24.
day of May 1940 they did belong to
Netherlands subjects or per- sons residing in the Nether- lands.. or subjects of Powers which are not at war with the Kingdom:
Partnerships, companies, firms, institutions and co- porations. established in "the territory of Powers, which are. not at war with the Kingdom."
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF !!! FOOTWEAR
TO LET
Fully Furnished Room Laundry included-Healthy Locality, North Point Breakfast Optional — $40. Telephone 30251 or write Box No. 315 c/o Hong Kong Dally Press.
BUTTERICK
Expert Ladies' Tailor
New Style Ready Made Dresses
FOR SALE.
16, Wyndham Street. Tel: 23615.
The Equalisation rate was 24-1/2 RESERVE OF PILOTS
per cert,
India Rupee Paper
Bombay, June 3(Reuter). Govt, 31% Rupee, 89-02-0.
Calcutta Exchange
Calcutta, June 3 (Reuter). TT. on Japan, 99-1/4.
This Decree also applies to the Netherlands-Indies," Burinam and
Curacao.
ARTICLE 5
JAPAN AND INDIA
NEWSPAPER ON TRADE
There are increasing prospects that the long deadlocked trade between India and Japan will Enally provide for a treaty highly favourable to Japan, the Asahi re- ports. This unexpected result would emerge from the European situation, says Havas,
-Since the resumption of the talks in Simla on May 13, the Japanese delegation headed by Mr. Torno Wakamatu, Japanese Consul-General in Calcutta, seems
to have succeeded in persuading the Indian delegates to re-examine their policy in the light of the ex- 3.60 tension of the war in Europe, the 4.05Asahi says,"
4.00 The present arrangement be-
India 4.00 tween
and Japan is a 4.00 temporary one, by which if Japan 4.00 imports 800,000 bales of Indian 15.25 cotton, she is allowed to export 24.00300,500,000 square yards of cotton 16.00 cloth to India. Also if Japan buys 18.00 more cotton, she may sell more 58.25 cloth.
100
500
300
100
58.25
6.772
The total value is $67,041,60
other choses in action referred to in article 1.
The war, the Asahi believes, will (cut down British exports of cotton cloth to India, and increase India's. purchases from Japan. Further- more, Japan is prepared to increase
Indian its buying of cotton.
"LONDON, June' 4'(Reuter)-It is
Notwithstanding the provision of paragraph 1 of this article the announced that the Ministry of Food, in co-operation with the Minister of Justice and the Minis-Canadian Wheat Board, has par- ter for the Colonies are hereby chased 50.000.000 bushels of Cana-
Three months after the present empowered jointly to effect the dian wheat.
emergency circumstances” shall in restitution to the former owners our judgment have 'ceased to exist, before the date · set out in
restitution shall be made to the the Ürst paragraph of
this not be exercised directly or in-
former owners of the rights arising article, where it is proved to their directly for the benent of the
out of the debts obligations and satisfaction that such rights, shall enemy.
Hongkong Daily Press
CLASSIFIED
ADVERTISEMENTS
·AUCTIONEEES
GREATEST COLLECTION OF BARGAINS UN TOWN)
LAMMERTS AUCTION BOOM Lamandat, Probaote-2. Es naalagaat Bad Cattral Telephone No. 20224
+
Just Received
Fresh supply of the best varieties of
Reliable and Tested
Flower and Vegetable
Seeds
from
Button & Sons Ltd. Reading now obtainable at
FOR AMERICA WASHINGTON, June 4 (Reuter) -The Civil Aeronautica Authority announced yesterday that it will immediately expand the primary Civilian training prograinme to provide 43,000 new pilote by July 1,tamps, &c., &c. (1941, in order to form a reserve of
prospective fighting pilots,
GRACA & Co. Dealers in Garden Beeds, Portage
No 10. Wyndham Street. Established 1806.
YOU CAN NOW BAT:—
HOTELS
店品食國路
FUNG YUEN.
"AERATED WATERS,
SWEFTS & PROVISION
GETAINABLE AT .
126, WANCHAI ROAD
Opposite Cathay Theatre.
COOKED IN THE
RUSSIAN FOOD RUSSIAN WAY
TABLE D'HOTE $1.00 ALSO ́À LA CARTE
AT THE
METROPOLE
HOTEL
1940 ZENITH
NEW MODELS Just arrived. NO AERIAL, NO GROUND, Just plug m and play CHUEN YEE
54 Des Voeux Road -0.
AT
Jimmy's
HONG
TEA DANCE DAILY
5 TO 7.30 P.M.
MUSIC BY THE METROPOLE SWING BAND
Telephone 24311.
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street, Telephone No. 22224,
B