HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Buyers Ballers
#1185
SHAREBROKERS ASSOCIATION
Bujer Batters Bale #sustal
Nom THURSDAY 25,Į.
JULY.
Banks
H.K. Banks
£63
Do. (Col. Reg.)
£68
Do. (Lon. Reg.) ...
£8)
Chartered Rankä ..............
£28 Marcantile Bta “A”. eMercantile Bk. "O".
$73
Bank of East Asia.......
$1180
£63
£61
ESSA
£11
73
50 ct
$218
$345
Union Instances....... $340.
30 eta
Underwriters
40 cta
$160
H.K. Fires.....
$180
Shipping
!!!! **
+
$3.25
$18
$90
$15
$180
g!!!
$3.70
N. C. & S. Banks....... *Insurances
#218 Canton Insurances......]
$120 Douglases ....
$11 Steamboata...
$80
18.90 Waterboata
$150
$100
$100
33/1+
$6.90
FINANCE & GENERAL
Finance and Commerce
SCHEME TO IMPROVE HOUSES, LAND
AGRICULTURE
{་
Expansion of the experiments carried on in the composting
of village refuse as a means of stimulating agriculture —” which. may greatly help in the drive to make Malaya is self-supporting In vegetables as possible is now being made by the Government Health Department.
Government Warns Hoarders
Of Coins
STILL BEST
| INVESTMENTS
IN SINGAPORE
Houses and land are still the best investment in Singapore - to- In addition to three large village day, according to a survey on the centres in which composting has property market for first half year already been carried out during of 1940 conducted by Cheong Hock the last few months, two more chye & Co., Ltd. centres have been added to the will be group, while, another one added very soon.
The property market during the first six months of the year from | January, * 1940. to June, 1940, was
quite satisfactory, state's the re- port, and showed an upward ten- dency in spite of the political
At present the five established centres are in the villages of Pasir Panjang, Bukit Panjang. Pay The Currency Commissioners re- Lebar, Bukit Timah and Changt, situation and the present chaotic port that there have recently been the latter two being the newly conditions throughout the world. incawased demands for alloy coin-added centres, with ability to pro- says the Malaya Tribune, age-20-cent, ten-cent and fireduce over four tons of composting $882 cent pieces, says the Malaya. T-matter daily, according to the
$100
Indo-Chinss (Pref.)...
|Indo-Chinas (Def.)...
33/1
Shells
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharvan..
$80
Providents
$16
R.K.. Docks (Old).... $15.65 H.K. Docks (New)...........] $15
$86+Shanghai Docks....
... Mining
10/0
Kailans
18/0
ets. Hong Kong Mines......
19.50 Rauba
Lands. Hotels and
Buildings
H.K. & S. Hotels...
$3.70
133
H.K. Lands...................................
$100
Do. 4% Debentursa..
$314 $100
110
Shanghai Landa.
831
H.E. Realties
$3.75
07
:
Humphreysues.dlom
$101 Chinese Estates.
Cotton Mills
$342 Ewo (S.).......
Shai Cottons (S.)....
Zoong Singe (S.)....)
+1
Wing On Textiles (S.
$125
Public Utilities
$15.70
HK Tramways... $15.60
$7.40 Peak Trams (old).....
ii.
bune.
Malaya Tribune.
possible, has been due to the out. break of 'war.
Auction sales of immovable pro- perties were numerous since last From the suddenness with which Hastening of the effort to alter April, and the prices realised at the demands arose, the Commla-anitary organisations in such a auch sales were very good, "and in sioners are inclined to think that way as to produce the greatest some cases very much higher than the demand is due not so much amount of compost as quickly as the market value. Sales by pri- to genuine trade requirements as
rate treaty were also numerous; but mortgagees' sales were not as to ignorance and misunderstanding on 'the part of certain people who
many as were to be expected, be- nave resorted to the mistaken prac.
cause in most cases the mortgages lee of hoarding alloy coins. >"
were transferred The hoarding of coins is at all times an act which tends to dis-in turb the normal flow of ordinary $210 everyday business, and it is the small shopkeepers the working classes, and the poorest people who are most inconvenienced by it.
$6.63
$35
357
821
$36
$35
$3.70 Peak Trams (new).
360
Star Ferrion.
$21
mati Ferrips..
China Light (0)..
$6.70
$3.60
China Liga (New)... $3)
237
, K. Rlectrics (Old)...
836
HK. Electrics(New)..
917
Maco Electrics (Old)
$18
acne Blectrics (New)
***
11
Sandakan Lights..
Telephones (old)..
8421
Telephones (new).......
#8}
Jagt $8.30
$18
1925
*
#
S'pore Tractions (Ord.). Industrials
$14,90 Caid., Macg. (Ord.) 8.}
(1940)....
Miscellaneous
81.00
$3.60 Entertainments
*1*
SMOOTH RUNNING
Two systems of composting are now being used, the Indore pro- cess and the Calcutta system—the former process being more usua; }
Singapore..
By the Calcutta system anap- propriate amount of sorted refuse is dumped into trenches,
The sorted refuse is then spread" loosely over the surface of the trench--a layer of about six to ten Inches is required, and drawn up towards the side and sloping ends of the trench so as to form a hollow intu which the nightsoll is poured direct" to the layer of re- fuse.
Immediately after adding the
New buildings in Singapore are seen coming up in some of the popular districts in spite of the present heavy costs of building materials and the high cost of labour, Compound houses in popular districts are in great demand: but very few of these have actually chang- ed hands owing to owners, de- manding very high prices - for them.
FRIDAY, JULY 26, 1940. -PAGE
SAY
Gordon's
and know what you're drinking/
GORDONS DRY GIN
DESTILITY. LONDON
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
TRADE
PINEAPPLE
CLOSES DOWN
OWING TO THE ABSENCE" OF A DEMAND for canned pine-: apples, pineapple factories in Singapore, Johore and other parta of Malaya-are closing down shortly. Some have already erased work.
In war-me anything calculated
This follows the decision of the The committee felt that the loss to disturb the smooth running of
Central Board of Pineapple Packers, of a valuable. foodstuff · such as trade and commerce can only be
which last week issued quota "de- this, in the present circumstances, construed as an act prejudicial to
talls for pineapple factories. The would be very regrettable, ` and the public interest. It is hoped
DEMAND FOR BUILDINGS
Board made provision for à quova suggested that Government should that it will not be necessary for Government to Intervene and that
The demand for ready bulltof 450,000 cases to be distributed take some steps, either by pur-
terrace shops..
and bungalow among Malayan factories. Orchasing at cost price or otherwise, the good sense of the public will be nightsof the refuse is thoroughly houses is greater than the supply. reaching the limit allotted to each to arrange for the saving and stora sufficient to check this hoarding, mixed, and the mixture is then and it would, therefore, appear the factories will close down unting of the balance of the present which disturbs the proper circula-drawn into one heap at one end that at the present time no other a further demand for cannes pine crop or at least a substantial part tion of small coins.
of the trench and left undisturbed form of investment is better than apples arises. " Should anyone have the mis- for a week
that en Immovable properties. · One big Singapore factory has It was thought that if an emer- taken ides that he can make a The heap is then left for two
Not only do immovable proper already completed its quota andgency should arise, the food would ties appear to be one of the safest, has closed down, says the Malaya be very useful. If, on the other but are the best investment for Tribune.
hand, there was no emergency, the much of the idle money now in The balance of the estimated stock could afterwards, be cleared
of it
profit by melting down the coins more weeks, and after a further and selling the silver, he has only two weeks under cover is ready for to put it to the test to discover his use. mistake. The present silver coins.. With all the composting · fac- are nothing more than a token tories in Singapore turning out the Colony, owing to the restric-crop for the summer pack is about without much loss, and possibir
go to even at a profik, coinage. The silver contained in fertilisers, both by the Indore on on the foreign import and 25 per cent. which will the 20-cent. ten-cent and five-cent system and Calcutta system, it is export trade and also on foreign waste unless the local Government The committee agreed to address
remittances.
Government steps in and affords some rellet a letter to pieces is less than half their face hoped that Singapore's production value. so it will be seen that the of vegetables may soon be increas-of recent improvements in some of the season.
Judging from what can be seen by buying ap the crop till the end subject.
man who melts them town in ordered tremendously. 81.85 to sell the sliver will lose.com-
896
918.30
36.20
244
$12
Cald., Macg. (Prof.)S.)
$1
Canton Tees
[30 cta.
#15)
$15
Cementa
$15
#41
H.K. Ropes
HE. Govt. Loans
8102 4% Loan
102.
$90
₤31%
(1934)
$95
34%
Dairy Farms.
Constructions (old)....... Constructions (now).
$7.45 Lane Crawfords...
$2,60 Sinceres
Nanyang Tobacco.....
$3,30
$2.10
$8.65
Watsons.
$8,60
$8.78
40*% Ch. G. 1025G3Bds.
$39
1.K. Wing On
$39
S'hai Wing On
$14
28
Vibro Piling
+
8/1
#1
市
Marsmana Inv. (Lon,)
'Maramans Inv. (H.K.)
Wm. Powells..........
+Sale to Shanghai
MARKET REPORT
FROM ROZA. BROS....
The price for Ready Silver)
H.K. STOCK EXCHANGE
ཐཱ་
With a full day's working the
dropped 1/16 yesterday to 22.3/8 market was better able to get into but the Forward rate was un- changed at 22.1/16. Silver ad-its stride, the result being a better
vices reported the market turnover at improving prices.
quiet "and
85
featureless.
차
being
BUYERS Americap Silver was quoted at Unions Ins., $345.
34.3/4 for Spot,
!
The London/New York crom- | rate was quoted at 402,1/2 New York/London was quoted at 386. 1/2.
Quite.
MARKET
STERLING
In Sterling no business was | reported. The market closed withį sellers at 1/2.31/32 July/August, buyers at 1/3 for Cash
U.S. DOLLARS
were
· Nothing doing. There sellers at 23.1/2 July, probably «August, buyers at 235/8 for Cash.
SHANGHAI DOLLARS Business' was done during the early part of the morning at 382. 1/2. The market closed with. sellers at 382, buyers at 382.3/4'
SHANGHAI MARKET- Quite. Sellers of Sterling at 3.29/32 for Spot and US Dollars
at 6.1/8 for Epot.
AFTERNOON MARKET
Docks (Old), $16.50. Docks (New). $15.90. Providents, $3.90. #Trams. $15.80.
"China "Lights (Old), $8.50.
China Lights (New), $3.80. Electrica (Old), $37. Telephones (Old), $22,25, Telephones (New), $8.30. Cements, $15.40.
Dairy Farms, $18.25. SELLERS
China Underwriters, 50 cts. Docks. (Old), $17. Cements, $15.75.
NALE'S
HK, Banks, $1,200: Docks (Old), $18/16.50. Docks. (New), $16., Providents, $4. Hotels; $3.60.
Trams, $18.
Star Ferries, '$57.50.
siderably on the transaction.
If on the other hand, anyone STOCK EXCHANGE
hoards the alloy coins and hides them in what he considers to be
safe place, he is not only in- conventencing others by holding back the coins which should be in circulation for the benefit of all, but he la running a risk of losing this money by robbery or theft.
Exports To Britain Going Higher
LONDON, July 25 (Reuter) Figures Issued... in Washington yesterday show to what an extent the United States exports to Great Britain have grown. In [June the United States sent Bri- tain explosives, 'Bre Arus and ammunition to a total value of $23,000,000 or 76 times the value of those sent the month before. -
Exports of war material for the whole month was over £875, 000 or more than those of five preceding months put together. £66,000 Or this war material, were sent to Australia, £808,000 to South Canada, and £47,000 to Africa and were mostly aircraft.
HONGKONG
SHAREBROKERS
BRIGHTER
LONDON, July 25 (Reuter) The Stock Exchange was brighter and prices generally higher owing to the market's favourable reac- tion to the Budget,
of the districts, and the impor-
The United Kingdom Imports
tant part played in this respect over 2,000,000 cases a year, and the Singapore Improvement the balance of the stock up to the Thust, even vacant land situated jend of the season cannot be more among such districts and at one than 600,000 cases. time considered of little value, has automatically appreciated in value and is also now in demand.
Thus it will be seen that the
property market is not by any means adversely affected, but is Industrials were firm with buy-healthy, sound, and likely to reach ers predominating. Goldmines higher levels.
met with steady local support. Investors and capitalists there- fulld-edged securities advanced | fore who are desirous of satis- (after an initial hesitance while factory returns for their money Home rails continged to rise stea ought to consider investment on ally. Wall Street was, steady Immovable "properties.
SHOE CO.LT
HONGKONG
SUPPLIES ALL.
KINDS OF FOOTWEAR
POSITIONS VACANT
WANTED-Experienced proof
ASSOCIATION reader-Apply Manager, Hong- Kong Daily Press, Marina House.
•
At a conservative' estunate 25,000 workers and their de- pendents' will be affected it the factories are forced to close down.
At a recent meeting of the Straits Settlements (Singapore) Association a `member stated - that owing to the cessation of buying by England and Canada, . there was a considerable risk of part of the present pinë.
apple crop being lost.
on this
LONDON METALS
Tin.
EXCHANGE London, July 24 (Reuter).
Middle Standard Cash,
Price, £268-7/8.
Tin, Standard, 3 months, Middle Price, £266-5/8′′
TREASURY BAN
LONDON, July" 25 (Renter) The Treasury has placed a ban on bankers making payments or trans-: ferring gold securities on instruc- tion received from Estonia, Latvia, and Lithuania or any corporation (controlled from these States;
Hongkong Daily Press. CLASSIFIED ADVERTISEMENTS
# # # ROYAL STUDIO
Art Photographer
Excellent Enlarging & Developin
39, Queen's Rd C.
Tels. 21184 & 83008.
FOR SALE
415 A selection of the best varieties of
RESERVE BANK OF
8.75 INDIA STATEMENT
Calcutta, July 24 (Reuter),
July 12 July 19
Volume of Business Transacted
on Thursday, July 25, 1940. '
H.K. Banks To.... 15 $1,200.00 AS. Watsons
7700
8.75
800
8.75
250
8.70
Telephones (Old), $22.50...
Cements. $15/15.50.- Dairy Farms, $18.25. Watsons, $8.75,
100
China Providents
500
4,00
500
4.00
Constructions (Qld), $1.60.
500
*4,00
| HK: Dockk (N)
* SHANGHAI DOLLARS Business" was done this after-
34
1,000
500 15.50 Notes in circulation 200 15.50 Ciricluding, Notes 300 18.60 held in the Bank
· ́66. 15.50 ing Department)
15.50 Rupee Coin and Bui 16.00 on in India
3,018 2,920
3.60
4.441
Cements
at 23.1/2 July, probably Angust. HR. Docks (0) The market was quiet in the buyers at 23.5/8" for Cash," afternoon.
STERLING
Nothing doing. The market noon at 332.3/4 The market HK Hotels 1,000
closed with sellers at July/August, buyers a Cash
U. 8. DOLLARS
The market closed with
closed with probable seller 1/2.31/32 382.1/2, buyers at 983,
1/3 for
at HK Tramways
500
Union Ins, ***** Dairy Farms
50
|
7,016
BEN SHANGHAL MARKET.
Sterling at 3.29/32 seller, for Spot and U.8. Dollars 6.1/8 sellers sellers for Spot,
The total value is $36,692.00
RELIABLE TESTED FLOWER AND VEGETABLE SEEDS
From.... Mers. Suttons & Sons, Reading. Messrs. Atlee Burpee & Co.,
|_ Philadelphis Mesurs, Arthur Yates & Co., Ládá Sydney
25,569 25,471 The opportunity of serving you
will be a pleasure and your" commands will have our best attention.
Gold Coin and Bul- 15.80
Hon in India. 4.441 -345.000
18.25 Securities (Indian
Government) - 4,959 4,959 Securities (British Ber
Government) 18,150 13.150
· GRACA & CO.
'No. 10-Wyndham Street P. O. Box 620 Hong Kong.
HOTELS
RUSSIAN CUISINE
MORE POPULAR EVERY DAY
METROPOLE HOTEL
AUCTIONEERS.
GREATEST COLLECTION OF
BARGAINS IN TOWN!
LAMMERTS AUCTION ROUM
| Lamma 1, dry tart
BUTTERICK
Expert Ladies' Tallor New Styla Sendy" Mads » Dres
FOR SALE. ndham Street.
Tel: 22615.
TRA DANCES Tuesdays
Thursdays
Saturdays Sunday's
5 to 7.30 p.m.
ENGRAVERS
FEI FEI & CO Photo Engravers 18, Cochrane Street, Telephone No. 27724”
Jimmy's
1.