HONGKONG DAILY PRESS

FINANCE & GENERAL

Finance and Commerce

LAMMERTS' AUCTIONS

PUBLIC AUCTION. THE DIAMOND

THE

"HE Undersigned, have received

instructions

to sell by

PUBLIC AUCTION

Tuesday the 20th August 1940

commencing at 10.30 1.17.

at No. 4, Hart Avenue, Kowloon,

“A QUANTITY OF VALUABLE. HOUSEHOLD FURNITURE

On View from Monday, the 19th. August 1940

Terms: Cash on Delivery,

LAMMERT BROS.,

AUCTIONEERS

INDUSTRY

| TRANS - CANADA

TRANS-CANADA H.K. EXCESS OF

AIR LINES

REVENUE OVER EXPENDITURE

MINING PROGRESS

IN QUEBEC

spectacular progress in the

Mining in Quebec nas made past decade, the output in 1939 having Passenger, mall and express

reached a record value of $77,112,- traffic of the Trans-Canada Air

479 as against $48,358,285 In 1929. Lines in "May all showed substan-

Quebec now runks as Canada's tial increases over April. During over expenditure is growing and second greatest producer of min- the month. 4,962 passengers were growing. At the end of April it erala, and its attainment of this LONDON, August 17 Reuter)-carried, an increase of 1,368.

stood at $18,239,608, according to position may be traced largely to two outstanding developments,

ENGLAND TO BE WORLD CENTRE

"

LACK OF MATERIAL

443

Hongkong's excess of

revenue

1927.

MONDAY AUGUST 19, 1940 -PAGE 9

SAY

Gordon's

and know what you're drinking/

GORDONS

DRY GIN

DESTELLERY LONDON

NO COLOURING MATTER

England will soon be the world Malis amounted to 58,843 the Government Gazette;; centre of the diamond cutting and pounds, which was an increase

On May 31 it was revealed to be namely the opening up of asbes- polishing Industry. She already over April of 10,984 pounds and $18,503,080.

tos deposits in the Eastern Town- controls the rough diamond in 8,207 pounds over the previous Revenue for May totalled $3,785,-ships in 1978 which made the dustry. Expert cutters and po-high month, December. Air ex-615 as against expenditure of province the world's chief source lishers have arrived from Holland. press shipments numbered 1,679. $3,522,123.

of asbestos, und the discovery of One factory has already been totalling 6,699 pounds, as compar-:

Every heading, save that of mis-the Noranda copper-gold deposits. started at Birmingham and nine od with--1178-pounds and 6,149 cellaneous receipts, which were in 1920 which paved the way for more will follow. It without de- pounds.

about $1,700 down, showed in the growth of the province's melai lay. There are enough-Dutch_re-

The average length of passenger creases over that for the same mining industry. fugees in Britain to start all 10 Journey in May, was 551 miles, as period last year.

Since smelting operations began factories.

compared with 568 miles in April Duties were up to $991,821, As-at the Noranda mine in and 506 miles in March. The sessed Taxes amounted to $665,-Quebec's gold output has advanced overall percentage of miles com-079, Internal Revenue brought in from $172,317 to $34,459,848 in The balance of the 20,000 Dutchpleted to miles scheduled waa 99.5 $405,661. Fees or Court produced 1989, practically the entire output skilled operators in Holland are at per cent.

$540,312, Water Revenue was up coming from the northwestern a standstill owing to a lack of At the end of May, flight per to $164,865, the, Past Office in-section of the province. Here in which are sonnel totalled 124, of which 37 creased to $322,462, and even the a mineralised belt of rocks, ex- were captains, 35 Arst officers.Kowloon Canton Railway receipts tending from the Ontario noun- When the Nazis arrived in Am-eight undergoing training as first were up from $67,752 to $72,086.)dary eastwards

officers, and 44 stewardesses

through eleven Land Sales leapt up from $40,091 townships, are most of Quebec's to $209,102.

lode gold producing properties, As a result May's revenue was all of which have entered produc- only just slightly less than $1.000- tion within the past eleven years. 000 ahead of that for May last year, and up to the end of that

COPPER-GOLD ORES revenue for the year Although the copper gold ores. totalled $19,910,505 Out of an of Noranda continue. to be the estimated total for the year of chief single source of: Quebec's $50,861,470.

sold output, production from the of expansion of old, industrial the Urban Council to be held out

Canadian lode gold properties is steady in-plants,

construction

|Tuesday, August 20, 4.15 p.m. Dr.- creasing, and twenty-one such contracts

awarded during June. M. Rodrigues, pursuant to no- mines até now in operation. - ..

reached the highest monthly total tice, will move:- Apart from gold, the

in nearly ten years. Noranda same deposits, which He near the wes-

the rough diamonds, controlled by Britain.

sterdam, the last cases of ma- chinery for Britain were still there. They have not "arrived since.

PUBLIC AUCTION. draughtsmen made plans from

THE Undersigned have received

“Instructions

to sell by

PUBLIC AUCTION

On

From photographs, British

which the actual parts could be manufactured...

Excluding gold, Canada's domes tie exports in May had a value or $109.852,000 compared with $79,- 932.000 in the corresponding month of last year.

Wednesday, the 21st August, 1940 HONGKONG

commencing at 11 am.

at The China Navigation Co.'s Go- down, West Point.

| HONGKONG

SHAREBROKERS

ASSOCIATION month

Volume of Business Transacted

on Friday, Aug. 17, 1940. " China-Lights-(0)--

-600-6:50 300 8.55

800.

The total Value is $5,215.00.

SHARE QUOTATIONS

EXPENDITURE MORE Expenditure was also heavier, but not quite to the same extent, The May total was, some $831,803 in-excess of that for the manthast year.

table

NO INJURIOUS INGREDIENTS

CONSTRUCTION CONTRACTS

Due largely to building of new.

The

Juma total of $39.097,000

REFUSE DISPOSAL: MOTION BEFORE URBAN COUNCIL

At an Extraordinary meeting of

"Whereas has been shown

terly limits of the belt, contri-has-ot been exceeded since No-that the present from of refuse Princip increase was in chari-buted close to 18 per cent ofvember, 1930 and is 39.2 per cent disposal is capable of improve-

services

greater than contracts awardedment in detail and the hope ex- which absorbed Canada's total copper output in May, 1940, and 55.1 per cent. pressed that this might be car- $224,218 as compared with $52,487.1939. Elsewhere in northwestern Another important item was $225,-Quebec, interest has been centred higher than the total at June, ried out at an early date.

Be it resolved that Government 360 for air raid precautions. The largely in developments in the

In the first half of 1940, con-be recommended to adopt with same heading in May last year Waite-Amulet area following the struction contracts awarded have out delay the measures for im- required but $69.256. The Harbour disclosure of large tonnage of totalled $125.435,000, which is 50.3 provement contemplated by the Department also needed extra copper-zinc ozes at that property per cent higher than the $83,445,- $1200 money and cost $186,687 which within the past two years.

SHAREBROKERS' ASSOCIATION

STOCK EXCHANGE,

Buyer

Sellers

Sales Nominal

SATURDAY

17 AUG.

Banks

H.K. Banks.....

£66

Do. (Col. Reg.)

£62

Do. (Len. Rog.)

162 crates White Glazed Porcelain $1200

Capping Tiles

79 crates White Glazed Porcelain

Internal Angle Tiles

46 crates White Glazed Porcelain

External Angle Tiles

Terms: Cash on Delivery...

LAMMERT BROS..

AUCTIONEERS.

PUBLIC AUCTION.

THE Undersigned have received

instructions

to sell by

PUBLIC AUCTION.

+

L

$210

IMALU

£ 69/18

Chartered Banks ......

$28 Mercantile Bks. "A".

Mercantile Bks. "C".

Bank of East Asia......

Barer

Sellers

* ! !

Sales Mornioa:

£63 £82

£

1939

Urban Council."

scavenging of the

900 of contracts gwarded in the" was $118,535 more than last year.

OTHER BUSINESS RECORD VALUE

first half of 1939. The Post Office also required €9/18 close $100,000 more than in

Asbestos is Quebec's chief non- Contemplated work reported 'for Correspondence in connection £28 May 1939, and the Water Works metallic mineral, production of the first time during June totalled with a proposal to initiate a Saborbed an additional $100,000,

wluch reached a record value of $42,051,300 as compared with the system of $15,858,492 in 1939. Deposits of corresponding total of $33,469,300 twenty six villages in the vicinity. this mineral in the Eastern Town-in May, 1940 and $36,423,100 in of Kowloon City..

per- Further application for ships are the largest known in the June, 1939.

The largest single item for the mission to use the basement of world and reserves are sufficient to perinit operations on the premonth is $8,000,000 for a munt-No. 1, Hill Wood Road as a shop.

tions plant in Eastern Canada. sent scale indefinitaly.

21

$73

273

N. C. & S. Banka...... Insurances

150 ct.

Canton Insurances......

$275

$3621

$365

Union Insurances......

2355

10 cts.

Underwriters

10 cte.

$138

H.K. Firca....

$136.

Shipping

$120 Douglases. *....

$11

1-3

Steamboata

$100 Indo-Chinas (Pref.)..

Indo-Chinas (Def.).....

32/6

$80

Shells

$6.90 Waterboats

Docks, Whärves,

Godowns, etc.

200

H.K. & R. Wharves..

882

82.55

$3.06

Providenta

$3,60

815

9151

814

H.K. Docks (Old)........... $15 H.K. Docks (New)

$14.30]

Mining

710

#

#26+Shanghai Docks

18/0

Kailans

$9.55 Raba

6 cts,, Hong Kong Mines..

Lands, Hotels and -Buildings

810

NI

A

$120

8100

8100

33/6

$8.90

H.K. STOCK EXCHANGE

A quiet morning though not entirely devoid of a small trading and a continuation of enquiries,

BUYERS

Union. Ins; $360.-

H.K. Fire Ins: $136. Providents, $3.55. Yaumati Ferries,. $21.25, Electrics (Old), $36.85. Telephones (Qld), 21.75, Cements, $14.75.

SELLERS

828

18/0

China Underwriters, Cts 10, Lands; $31.

$0

Telephones (Old), $22.25.

SALES

China... Lights_(Old), $8.50/55, Watsons, $8.30

An" Important feature of this industry is the development, of

the block-caving method of mining the deposits, which came at a time when many of the open pits had been worked almost to the economic depth.

JAPAN AND NORTH SAGHALIEN

by

Correspondence relative" to the eating house-licence-for-No-15- Spring Garden Land. Boor.

ground

Correspondence relative to the food factory licence for."

No. 177, Portland Street, ground floor,

Canada

TOKYO, Aug. 17 (Reuter) The question of Japanese own-- Prior to the use of this method, ed oil and (coal concessions in operators were faced with rising North Baghalien was discussed in costs and the prospect of being Tokyo yesterday afternoon.

Commercial failures in unable to recover much valuable Mr. Haruhiko Nishidirector of in the arst quarter of 1940 were rock in the walls of the pits the-European and Aslatie Affairs- considerably lower than in the Although" no active development Bureau of the Foreign Once and first quarter of 1939. Assignments has taken place as yet, consider-M. Dmitri Jukov, Counsellor to decreased from 371 to 331, a de.. able importance is attached to the the Soviet Embassy, states a semi-crease of about 11 per cent. recent discovery of deposits of official Japanese report. brucite af Bryson and at Wake- The conversation lasted field in Quebec..

hours.

The

defaulted liabilities were some-

two what Tower at $3,533,992 B

pared with $3,592,118.

Thursday, the 22nd August; 1940

commencing at 10.30 am.

at No. 120, Carnarvon Road."

A QUANTITY OF VALUABLE

·HOUSEHOLD FURNITURE

(Particulars from Catalogue)

View from Wednesday, the

21st August, 1940

23.35

83.35

H.K, & 8. Hotels......

$31

H.K. Landa.....

$3.35 $31

$100 Do. 4% Debentures.....

$100

$9.00 Shanghai Lands.......

$3.40

$61

H.E. Realties...

Humphrey .......

#101 Chinese Estates..

Cotton Mills

8331 Ewo (8.)----...

$3.70

རྟེན་ནང་སྒོ་སྐྱོར་ཚོ

Terms: Cash on Delivery.

LAMMERT BROS.,

AUCTIONEERAS.

M

$6.50

37

8210 8'hai Cotton (8).......

$34 $200

Zoong Sings (8)...............

Wing On Textiles (8.) 195

“Tübite Utilities"

H.K. Tramways.......

$15

$7.40 Peak Trams (old).....

Biar Ferrios..

Y'mati Ferries....

$56

X.D

821

H. K. Electrics (Old)... [36]

$6.55

$37

$3.40

$3.70 Peak Trams (new)....

Chins Lights (0)......

$3.30 China Lights (New)...

$354 H. K. Electrical Now)...|" #36)

$17

Macao Electrics (Old)]

$18 Macão Electrics (New)

$114 SredakzLightswain

J

Telephones (old)...issi

Telephones (new).......

S'pore Tractiona (Ord.) Industrials

$14,90 Cald), Macg. '{Ord.) B.}

$12

$1.

.B14.85

$17

Cald, Mang. (Pref.15.

Canton Icons

Cementa ...

H.K. Ropes Sim

H.K. GOTÉ, Lozna

$99 4% Loan

$95 31%--

$95 31%

(1934) (1940) Miscellaneous

Drago | Dairy Farms.........

$6.00 Entertainments. $1.80 | Constructions · (ólä)....... $1Constructions (new),

$14.80

HIGH WATER-

Hong

Kong

Standard

Time,

HONG KONG TIDE TABLE From 19 to 25 Aug. 1940.

Date of

Height

Low WATKI

Hong

Kong

Standard

Timo

Height,

h. m.jftsin.

19

h. m, ...10046 D 03 24

#

{tt, 12..

Toes 20

Wed 21 1100

Thur 22

~23 045 318 24 +10 36 168 04.04

23 26 5.45 16 55 |1-6

6.304.44

14

$7.40 Lane Crawfords..

Nanyang-Tobacco..

27

23 47

113

5.4 B. 0

17 20

30%

$2.16 Binderes Waloons

13. G.5% 1925G$Edu.

03.25.

E-Wing On

17 52'.

B'bal Wing On

Fri. 23

00:08

660808 3.0

#8

Vibro Piling

1106 54 18 19

8/0

Bat 24

Bun, 25

12:26 [00:19; 5:7}.: 08,04:13 a

00.29. 3.8.108 37.

4/0

1840 3 0

Marsmane, Inv. (Lon.)

Maramans Inv. (HK)

Wm. Powells......

+Bale to Changhai"

1313 14 31-18687 13:3,

SHOE CO.LTD

HONGKONG SUPPLIES ALL

KINDS OF

Hongkong Daily Press

CLASSIFIED ADVERTISEMENTS

相服

ROYAL STUDIO

Art Photographer

Excellent Enlarging & Dev

39, Queen's Ed C.

Tel. 21184.&.33008.

198

<< $8.30-

WEATHER_REPORT

Hongkong. Royal Observatory

10 am, August 18.7 Barometer, (at sea level), 29.78 ins. Temperature, 84. B Humidity, 78 per cent. 50 ots Wind Direction, ESE

Wind Force (Beaufort), 2. Temperature, maximum yesterday,

84 F.

1001 $95

#181

$0.20 $1.85

Temperature Minimum last night,

78.F.

Rainfall for 24 hrs. ending 10th

today, 0.88 Ins.

Total rainfall since January 1st..

101.82 ins

Against an average of, 61.88 ins, Sunset tonight, 6.53 pm,

$2.10 Sunrise tomorrow. 6.02 am

$8

38% Barometer (at sea-level), 29.69. ins.

Temperature, 85 F.

Humidity, 1 per cent.

Wind Direction, ESE

Wind Force (Beaufort), £

Maximum temperature, 27E, Minimum temperature, 78 Rainfall l

FOR SALE

A selection of the best varieties of RELIABLE & TESTED

FLOWER AND VEGETABLE

SEEDS

From Messra. Suttons & Sons, Reading. - Messrs. 'Atlee Burpee & Co.,

Philadelphia Messrs. Arthur Tates & Co., Ltd., Sydney

The opportunity of serving you will be a pleasure and, your commands will have our best attention

GRACA & CO.

No. 10 Wyndham Street

P. 0. Box 620 Hong Kong.

HOTELA

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

AUCTIONEXES

GREATEST COLLECTION OF BARGAINS IN TOWN;

LAMMERT'S AECTION BOOM Lamunert, Branco. 2. (2 standa Bud Cune-1. Telepilion - So 20124.

Jimmy's

TEA DANCES Tuesdays"!

Thursdays

Saturdays

Sundays

5 to 7.30 an.

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street

Telephone No. 22224-

INSURANCESTM

The Na Monal: Mutual Life” Asszolás tion of Australasia Limited not accepting new business InTM Hories Kong at present Any enquiries should be made at the culce Des Voeux Road, Central (52 floor Room No. 66) Bank of Canton Building Hongkong.

Resident Secretary, Tel No: 27473 HE WELLSJ

130

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