+
HONGKONG DAILY PRESS
WAR SAVINGS WEEK INAUGURATED BY SIR KINGSLEY WOOD
LONDON, "June 11 (Reuter) -"Hitler has flung down the chal- lenge to liberty, democracy and elvisation itself. It is your power to give him the answer," said Sir Kingsley Wood, Chancellor of the Exchequer, when he inaugurated yesterday afternoon "War Savings Week."
and the number of War savings groups has already reached 00.- 000, says Reuter.
Our whole attitude in this war, he said, must be: "How can we help?" Nothing will sumice except the mobilisation of all our re- The Times says that the inter- the sive drive now taking place in war" sources, to the last man and last shilling, Times of trial only production must grow more and make us resolve not to abandon more, whatever sacrifice is re- the issued in which We have❘quired. Joined.
The Daily Telegraph comments Despite present misfortunes and that the old. Romans sald setbacks, we can count on many "thrift is revenue."
the
character of the French
FINANCE & GENERAL
Finance and Commerce
MONEY AND EXCHANGE
CLOSING QUOTATIONS
Ori London:-
JUNE 11, 1948
"Telegraphic Transfer. 1/2 7/8 Bank Bills, en demand 1/9 7/8 Credits 4 months' sight 1.3 3/1 On"Shanghai:—
"On demand 383 On Singapore
On demand
On Japan:-
that
On demand
90
On India:-
Telegraphic and demand On New York:
Transfer.
Jag
great assets to bring us to victory Today, for the British people, - and peace. There is
also "national service." great it
It Army, provides silver bullets net only with its courage. determination|against parachutists but also that and wonderful resistante, Our the enemy legions on the battle- brothers-in-arms, the Dominions, feld will be overthrown. are sending men and material la ever-increasing strength. Our sea power still remains and is increas- Ing.
IMMORTAL FAME
!
Qur own
•
great soldiers have earned Immortal fame in the last few weeks and we know that qu aumen are facing odds of four to one.
Finally, our country Itself united as never before under our great and Indomitable Prime Minister and Leader.
superior. even when
We must do our utmost to re- duce the odds and strengthen our fighting men and tald them # victory. In this war there are no non-combatants.
፡ነ
NEW MUNITION FACTORIES IN
· CANADA
Twu munition factories, - with combined capital of $20,000,000. will be constructed in Canada im- mediately, according to the Home Minister, Munitions will be financed by British, Canadian and French factory and the other wilt produce capital. One will be a shell-flung
nitro-celluloss explosives, says Reu-
ter.
Bank Billa, on démand 21 1/2- Credits, 80 days' sight.29 7/8 On Batavia j
On demand
On Park:-
Bank Bills, on demand 1000 Credits 4 months' sight 1150
On Saigon:-
Un demand
On Manila:-
On demand
On Bangkok:---
On demand On Sterling Notes:-
RAUB AUSTRALIAN GOLD MINING
COMPANY, LTD.
REPORT FOR FOUR WEEKS ENDED MAY 25, 1940.
PERIOD.559 DEVELOPMENT " Development footage for the period amounted to 1913 feet.
Raub Section
440 Feet development. The scale of development has again been reduced in this section but all of It above No. 1 level has been satis- factory as well as several of the
faces on No. 4 level.
"
Anderson Section
GOLD SHIPMENT
ነነ
Battery Retreatment
Bullion Oz, Fine Gold Oz. 1,065,30 1,015.37
581,58
478.84
1,629.86 1,484.21
WORKING PROFIT Estimated Mine Working Pront (Subject to depreciation, etc.)....... $29,000/-.
GENERAL
During the period, the conditions as regards water supply for the Sempam hydro-electric station im- 106 Feet development. There proved and by the end of the has been a temporary decrease in period the power supply from that development footage pending * source was back to normal In connection to the old Bukit Hitam workinga. The present work has been characterised by erratic values.
108 34
334
43
Bukit Koman Section
Two
addition, the spares for the dam- aged Diesel alternator were re- celyed recently and the machine will be operating again early in June. The consequent return to normal power supply conditions Feet development.
will enable development and min- thirds of this work consists of aditing work to be resumed in the work on the western lode channel. (which does not show much 149 1/2 promise), and connections between the main workings and a series of prospecting workings. The Te- mainder was on lower levels but did not disclose anything of im- portance.
Derrick Section
Bank Buying Rate ... Bar Silver per oz
1/ 23
Market Report
882 Feet development. The in- crease in footage was entirely on the lower levels but the grade developed was not as high as pre-
FROM ROZA, BROS. The price for Ready silver dropped 3/8 yesterday but the For ward rate rose 3/18. the quota- tions being 23 and 22.1/16 respec- viously. In the next three months, the tively. Suver Monday
advices reported Ministry of Food will take
having Speculators as
operated the whole cure of herrings from both ways to a small extent,__A
63 Feet development. This foot- The total of "small savings" the principal Scottish shipping small business Wik done. The age was near the surface, but in has already reached £200,000,000 ports,—says Reuter
market was quiet, American Silver addition the No. 3 level plat is al-
most complete. was quoted at 34.3/4 for Spot.
PRESS COMMENT The British Press on was editorially, concerned with the war savings campaign.
HONGKONG SHARE QUOTATIONS
* STOCK MECHANGE
Buyers
#
19
7:0
over
SHAREBROKERS' ASSOCIATION
Boller Sales Soi TUESDAY 11,
$1340
277
£80
!
FBJ
JUNE.
Bankr
H.K. Beaks
Do. (Col. Bag-}|...
Do. (Lon. Reg.)
Chartered Banks
30 Marcantile Bka. "A"
Buyer Sellern Sales Nominal
The London/New York cross-TAI!! was quoted at 402.1/2. New York! London was quoted at 353.1/2.
MARKET Steady
MALACCA SECTION
MINING
A total of 7,432 tons was mined and treated for the period. This la a substantial increase but al- though there was a small increase in the grade from Raub Hole, it was more than offset by the lower grade from Anderson where values are erratic and from Derrick where the oxidised tonnage treated Opened with sellers at 21.3/4 from adit workings was double but subsequently the rate rose that of the previous period.
STERLING There were sellers at 1/2.31/32 June/September, buyers at 1/3 for $1331 any, delivery. 277
U. S. DOLLARS
to 22,1/4 at which rate some busi- Raub Section 2,926 tons; Ander- nèss was done followed by trans-son 864 tons; Bukit Koman 1,522
2008 tons. actions at 22.7/16 for Cash and tons; Derrick 22.1/2 for Cash. The market closed Malacca 112 tons.
£80
£8
19 Marunatila #ka. "02
£30
873
|Bank of Kari ÁgÊN ....
£12
874
+
60 ct.
$218
9450
165 cta
at 1 pm, with sellers at 22.7/16 for Cash buyers at 22.5/8. far
Cash.
$170
$120
$11
$100
$100
..
66/3
$8.9
$05
$3.60
$18: 818
$261
at B.
17/8
Quiet.
$0.00
$90
#9.55 Baube
do Rts.
10.40 Shanghai Lands
$3.80
$16
$58
N. C. & B. Banks
Insurances
#218 Canton Insermone ....
$450 Union Iastersmens
80 cts. Underwriters "
8180H.K. Viemo
Shipping
3120 Douglas
$11
Steinbos
100 Indo-Chinas (Prof.)
$80 Indo-China (Del.)...
68/3 Shells
$6.90. Waterboste tar,
Docks, Wharves, Godowns, etc.
H.K.K. Wkarvon.
Provident
Providenia (new) ....
8181 H.K. Docks (Old)...)
$14
H.K. Docks (New)...
$26 Shanghai Dools
17/0
Kailans
Mining.
Venezuela Gold Wide
6 cts, Hong Kong Minas
Lands, Hotels and
Buildinga
34.35 H.X. Holala momen
832 HX Landa ................. $10 Do. 4%. Debanturis
84.2) H.K. Bealkiju
88 Humphreya
8104 Chinees Kotades
Cotton Mills
835) Rwo. (8.),
te
8210 8'hat Cottone (8.)
Zoong Blage (B.) (2009) Wing On Terklee (8.) Public Utilities
Tramways
87.40 Peak Trama (chl) *** 33.70 Pack Trama (100)
$50
Star Ferries
$22.85 T'mati Farrin
Do. (a 88,83 China Lighia (0)|
Lights (New)
$4 China Ligh
China Lights Rts.
H.K. Electrics w
$22.10 Macao Baotrios"
8111 Bandakan Lights
823 Telephone (old) .............. 310.20 Telephone [DWW)
Tractions p Tractions (prod.)
Industrial
$14,90 Cald., Muog. (Ord.) 8.
B12 | Cald., Macg. (Frek) 1.
.81
Canton Losse
$162 C. #6
Roperasi.
Miscellaneous
$20 Dairy Farm....
Dairy Farm-- ̈- _-**
$7 Ch. E'tainment
$7.46 Lans Crawforde
Nanyang Tobecono
43% Ch. 0.5% 1896G #3ds,
H.E. Govt. 34%Lomp
$39H.E. Wing On
'bat Wing On
Vibro Pling .......
|Marsmans Irve. (Lon)
4/0 Marzmans iny. (H.K.)
JUN
10+
$12
Constractions
Constructions
:
$3,90
#32
$100
34.20 87.70
#35
$210
$120
318
***
#
SHANGHAI DOLLARS Opened uncertain with sellers at 370. Subsequently business was done at 374, 375 and 376. The rate then receded to 373 and 372. The market closed at lunch time with sellers at 370... buyers at 372.
SHANGHAI MARKET Sterling opened with sellers 3.1/8. The highest rate reported was 4.1/32. The market closed with sellers at 4d. US Dollars. the Market closed with sellers
AFTERNOON MARKET
STERLING
at
The market closed with sellers
at 1/2.31/32 June/September, bay-
ers at 1/3 for any delivery.
U.S. DULLARS
at
Business was done 22.3/4 for Cash. The market closed with sellers at 22.5/8 for Cash, buyers at 22.3/4.
SHANGHAI DOLLARS
Business was done at 384 365 and 386. The market closed with sellers at 364. buyers at 365. SHANGHAI MARKET
Sterling opened with sellers at 4.1/18 rose to 4.3/32. closed at
4.1/16 for Spot. U.S. Dollars open-
$4
ea with sellers at 6.1/8, rose to 6.7/32, closed at 6.3/16.
829
28.70 Shanghai Exchange
Shanghai, June 11 (Reuter);
Official T.T. Rates
34
$581
London
New York.
394
Japan
89.70
23/0
India Parls Hongkong
Sterling
Opening
0/3-9/4
5-1/2 20-7/8
·20-3/4
2.75 25
Sellers
Opening Closing
0/4-3/32
0/3-7/8 0/4-3/32
0/3-25/32 0/4-1/32
U.S. Dollars *.
June...... 5-11/16:
5-17/32
$6-3/16
TREATMENT Battery
and
Ore crushed, 7,432 tons. Residue to retreatment, 7:351 tons.
Residue to storage, 81 tons... Retreatment Plant
Tallings treated, current tailings 7,351 tons.
Tallings, treated, Bt. Koman dump tailings 4,281 tons.
Tailings treated. Cord table con- centrates 42 toris.
Total: 11.674 tons.
SHOE CO. LTD.
..
HONGKONG BUPPLIES ALL
KINDS OF
FOOTWEAR
TO LET
asual places and assist in obtain ing an improved production.
WEDNESDAY, JUNE 12, 1940, -PAGE 9
No sleep last night?
TRY
"BLACK
WHITE"
YOUR FIRST SIP TELLS YOU
IT'S THE SCOTCH
AT REPULOR BAY
DANCING
TO THE LIDO'S NIGHT OLUB
DANCE ORCHESTRA
- IN THE AIR-CONDITIONED
RESTAURANT
BALL-ROOM
UNRIVALLED
BATHING FACILITIES
CABINES DE LUXE (Accommodation for 12 persons) SUNDAYS & HOLIDAYS $10.00 per day maximum
OTHER DAYS
$5.00 per day maximum Prepaid reservations for Sundays and Holidays effective at Hongkong & Peninsula Hotel Reception Offices.
PRIVATE COMPARTMENTS
(Maximum accommodations for 2 adults and 2 children). $1.00 per day
-Reservation phone 31221-———
DINNER DANCES Nightly excepting Mondays
9. P.M. TILL 1 A.M.
TEA DANCES
نے
"SATURDAYS
SUNDAYS
5 TO 7 PM
THE LIDO-REPULSE BAY
Hongkong Daily Press
CLASSIFIED
ADVERTISEMENTS.
TO LET
TWO FURNISHED ROOMS Large furnished or unfurnished||YOU CAN NOW EAT;---
4
相藝
富
|ROYAL STUDIO
Art Photographer
Excellent Enlarging & Developing
HOTELS
39, Queen's Rd. c.
Tels. 21184 & 33008.
(One bed room and one sitting room near Bus station, Waterloo RUSSIAN FOOD COOKED IN THE
room) with bath room. Full board Road, with Laundry and with or and laundry. $350 per month.; without Breakfast. Apply to, Box 337 c/o Hongkong Daily Press, or Telephone 26585.
H.K. STOCK
EXCHANGE
For particulars please apply to Box No. 334, c/o HX. Dally Press, Ltd, or phone No. 30251,
Fully Furnished "Room Laundry Included-Healthy Locality, North Point Breakfast Optional — $40.
Very little interest was taken in Telephone 30251 or write Box No.
the market today.
SALES
Trams, $18.
HONGKONG
SHAREBROKERS"
ASSOCIATION
315 c/o Hong Kong Dally Press.
Just
Received
Fresh supply of the best varieties of
Volume Of Business Transacted Reliable and Tested
On Tuesday, June 11, 1940
$16.30 84
Spot
0/3-7/8
June
#191
July
Spot
$5-11/16
$1.85
8-3/16
X.D. $7.45
July ......
6-1/16-
A.S." Watsons
200 $8.45
$3.40 $2.20
Market: Quiet.
Cements...
200 15.25
Silver Duty Rate
China Lights (New)
.500
4.00
$8.40
500 3.90
43°1
103.
30+
9B4%
500 .3.60
1.900
WIND
$30
$14
per cent
#8)
$1
Bombay, June 10 XReuter).
Govt. 31%, Rupee, 91-02-0,
82.60 Mipcorns
181
Watson
H.K. Gon. 4% Lon
$103
#97
日
10/6
WAL Powells
***
The Central Bank of China's Ropes
rate on London at 10 am, today China Providents was, 1/2-1/2d.
The Equalisation rate was 21-3/4
India Rupee Paper
The total value is $10,490.00.
Calcutta Exchange
Calcutta, funb, 10 (Reuter). T/T on Japan, 196-1/2.
Flower and Vegetable
Seeds
from
Button & Sons Ltd. Reading now obtaixiable at
GRAÇA & CO.
Dealers in Garden Beeds, Postage Stampa, čec., Be
No 10. Wyndham Street. Established 1896.
Đóng Kong
RUSSIAN WAY TABLE D'HOTE $100 ALSO A LA CARTE AT THE
·METROPOLE HOTEL
1940 ZENITH
NEW MODELS Just alfivéd NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG
54 Des Voeux Bond C.
AUCTIONEERS
GREATEST FALLECHON DE BARGAINS IS TOWN!
LAMMERTS ACTION BUUM London B to 2 (
1:
Tlobede No DOTER-
Jimmy's
TEA DANCE DAILY
5 TO 7.30 PM MUSIC BY THE METROPOLE SWING BAND
Telephone 24311:
ENGRAVERS
FEI FEI & CO. Photo Engravery 18, Cochrane Street, Telephone No. 29224):
BUTTERICK Expert Ladies' Tallor New Style Ready Made
FOR SALE.
16, Windham Street.
23615