HONGKONG DAILY PRESS
Finance and Commerce
H.K. STOCK EXCHANGE
LONDON STOCK Reclamation
EXCHANGE.
LONDON,
Sept. 18 Renter Project In Saipinshan
There is a number of small en-The Stock Exchange yesterday quiries on the market bat the old was mainly steady with the turn- difficulty of reconciling prices is over Improving as the session again in evidence.".
BUYERS
H.K. Fire Ins., $150.
Wharves, $91.
Docks (Old), $18,75,
Providents, $4.10.
Hotels, $3.45,
Humphreys, $7.
Trams, $15.80.
China Lights (Old), $8.80.
China Lights (New), $3.75.
Electrics (Old), $37.50. Mectrics (New), $37. ".
Telephones (Old), $29.75. H.K. Ropes, $5.50. Entertainments, $6.60.
SELLERS
Union Ins.. $405.
Wharves, $94,
Hotels, $3.55.
Trams, $16.
Telephones (Old), $24,25,
SALES
HK. Banks, $1,310.. Trama. $15.85.
China Lights (New), $3.75. Electrics (New), $37,50,
JAPAN-N.E.I. CONFAB
progressed.
The Szetoo clan in Holping, Most group finally were about northwest of Sunwui, Kwangtung, j unchanged on the day, after &
is planning to launch a gigantic dull and easier opening.
reclamation project at Salpinshan, Industrials notably improved in between Holping and Yanping. some sections where small net for the cultivation of tung trees. gains were recorded.
Henceforth from yesterday the market closed at 2 p.m. B.S.T. in order to facilitate trade.
1
Wall Street was firm.
HONGKONG
"SHAREBROKERS'
Mr. Szetoo Lung, a leading mem- ber of the clan who arrived here on Monday, revealed that a Sung Kat Tung Trees Cultivation Com- pany will be organised. Its capi- tal has been fixed at $110,000 to be divided Into 22,000 shares of
$5 each.
FINANCE & GENERAL
EXCITING U-BOAT HUNT BY WARSHIP ON
CONVOY DUTY
ABOARD A BRITISH DESTROYER ON CONVOY DUTY, SEPT. 3-U-BOAT HUNTS AND THE MUFFLED ROAR OF EX- occurrenceS PLODING DEPTH CHARGES were almost daily
as this and other British naval ships convoyed a string of mer, 1 chant vessels across the Atlantic-with one 4,000-ton freighter being rank by a torpedo, wilte's Byron Taves in the Manila Bulletin.
The first real U-boat attack, in which we lost our only merchantman, came during the fifth day at sea, soon after we had picked up a big eastward bound convoy consisting of near, ly 50 ships.
WE MERE PLOUGHING We were drenched to the skin, THROUGH HEAVY WEATHER with curtains of spray lashing the dark at the tall end of a gale, far bridge. It was completely
The by then, and since We hadn't out in the Atlantic.
we hurried bo'sun had just piped "stand-picked up a trace, easy" after the regular dusk back to rejoth the convoy, curalog exercise of "action stations."
our luck.
DULL BOOM
from There were 26 survivors. I was standing on the bride the torpedoed freighter, but five. were missing, presumably when I heard a dull boom from men
He said that the Kwangtunk the direction of the dark shapes killed by the explosion.
ASSOCIATION Bureau of Agriculture and Fores-strung out behind us.
Volume of Business Transacted on Wednesday, Sept. 18, 1940. HK. Tramways
turned I
The next day, however, the
try will allot 3,000 mow of land in time, to see a column of smoke. U-boat's mate paid for that lucky.
for the project.
The uncultivated land in the 15.35 Salpinshan region measures sev
eral thousand mow. An experl- there ment to plant tung trees has proved successful,
100
200
15.85
300
The total value is $4,755.00...
rising from the side of the leading ship in the port wing of the lane, about half a mile away.
It sounded like the distant crack of 1 heavy gun. "Now we've started," the first Neutenant mat- tered, but the captain was already speaking
Railway Systems For MAHARAJAH'S GIFT firing orders into the
LONDON, Sept. 18
(Reuter)
shot.
-- THE CALL CAME
ין
THURSDAY,
SEPTEMBER 19, 1940. -PAGE 9
COURVOISIER
THE BRANDY OF NAPOLEON Fournisseur breveté de IM: l'Empereurs
COGNACS ET FINES CHAMPAGNES
DODWELL & CO., LTD.
ELECTRIC TORPEDO
We were finishing lunch lu the wardroom when the call Came* "Depth-Charge Sta- tions," and we ran madly up to the bridge. It was slightly calmer than the previous day
The captain put the destroyer -you could spear a tried ext
It was an electric torpedo ap-full ahead once more with great tubes.
on your plate without finding
parently fred at us but defective walls of water curling around the We gave, a lurch like a BICY-
that you had to peel it off the
in some way, since it appeared to bows and lashing the foredeck, South China? The Maharajah of Nepal has in-hound leaving a starting-box, and
wardroom porthole.
be going very slowly and then with spray whipping our faces us structed the Nepalese Minister in the next moment our bow was
Another ship had just signalled disappeared altogether as if the we clung to the rocking bridge. CANTON, Sept. 18 (Reuter-London to present £25,000 for scoopmg up mountains of ses, and
end of
. Then:
the order: .came LONDON, Sept. 18 (Reuter)— Economic negotiations between Ja-Chow Ya-ren, Vice-Minister for the relief of the East End of hurling them back in great geysers that she had sighted a torpedo torpedo had reached the
track pass 20 feet behind her its run.
"Stand by the depth charges; Railways of the Nanking "Central London.
of foam and spray high over the
We were just getting ready for Fire one;. Fire two......Fire Government." arrived in Canton
His Majesty's Government have bridge. Our decks were awash as steru. It had been fired from the
three. Big tins again rolled last week.
expressed their grateful thanks. the hunt signal was run up on the opposite side of the convoy, which second attack, when a big Sun-
over the stern, hurtled into masthead and we started to dodge meant that it must have passed derland flying-boat zoomed over-
the air by throwers. There without scraping one,
was a moment's pause. Sud- at 30 knots through the columns clear through the columns of ships head. Our signal lamp flashed:
denly the whole surface of the water seemed to shiver. The ship rocked violently while the air around shimmered like a hot summer's day.
pan and the Netherlands East In- dies were opened at Batavia yea- terday.
No communique has yet been is-
During his stay he will study
Tallway systems in South China.
sued about the first meeting which the possibility of development a NAVAL BASE SITES
lasted for 1 hours.
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
.:
a
SHAR BROKERS' ASSOCIATION
De. (Col. Bog.)....... Do. (Lon. Reg.) ----| Chartered Banks ...... Mercantila Bka. “A”. Mercantile Bk■. “C”. Bank of Fast Asia......
81305
*
£281 EXTING
879
150 ct
Buyer Sellers Balos Yolu WEDNES"AY
Bayer
Bellers Sales Norima!
18 SEPT.. Banks
81310 H.K. Banks-
£79
£07 "£8]
... 1/18
$72
N. C..& S. Banks...... Insurances
$405 Union Insurances.......
$130
H.K. Fires.......
Shipping
Steambouts
$80
Indo Chinas (Def.).....
36/3
Shells
-Docks, Wharves,
$182
*
1.
Canton Insurance...... 9100.
Underwriters ..........
9120 Douglase
811
8100 Indo-Chinas (Pref.)...
sangura
call pald
$400
$160
-
8120
$10
202
24,20
88.90 Waterhota
Godowns, etc.
H.K. & K. Wharves... $91 Providents
H.K. Decks (Old)..... 315.5 H.K. Docks (New)....$19.15 +Shanghai Docks.......!
Kailang
$7.20
INSPECTED
(Reuter)
Sept 18 LONDON, Serican expertis has reached Newfoundland to inspect
naval base sites.
Anniversary Of Mukden Incident
PRECAUTIONS IN SHANGHAI
CHUNGKING, Sept. 18 (Central)
says
of ships.
"BROWNING SHOT
The torpedo was what they call
convoy signalled" an
"U-boat around here somewhere," We swung into a "sweep" of 25 and the Sunderland likes big knots The commander of the elephant banked around and start- emergency led to skim the water ahead of us a "browning shot"-fired from
smoke flare was our bows, a safe distance of probably five turn, and the whole convoy veered As we watched, her glide around miles slap into the middle of the unison to the starboard and
dropped from her wing, and as convoy. Such long-range shots, plodded on unconcernedly.
FIRST ATTACK
shie circled over the spot a second which U-boat captains have in- We hunted around for about 20 time, we saw a bomb leave the creasingly favoured lately, require the torpedo to carry a lighter ex-minutes, and I for one was begin racks and explode dully beneath
helow the surface, where the pres plosive charge In order to makening to think that the ship that the surface.
sure is already many times that the greater
distance, and thus had first signaled had just got
the jitters. Then suddenly, I saw We then launched the second of the surface pressure, is corres- Jess generally have
damaging
the blue and yellow attack signal attack, this time dropping tour pondingly greater. I saw the bil effect For this ressori many ships hit recently by torpedoes up and she loosed off with a charges over the stern. As we patch spread.
single depth charge.
have been damaged but not sunk.
1t But this was a lucky shot. struck the 4,000-ton freighter squarely in the beam, and I saw her begin to settle immediately.
Night was falling as we skimmed
-Precautions were tightened in across the bows of the advancing the International Settlement or ships, which came on irresistibly. the eve of the 9th anniversary of like company guards on parade. $100 the
Mukden Incident,
The captain signalled a sloop $100
Shanghai dispatch.
which had joined the escort that 38/3
$8.90 More than 20 persons were ar-morning to help us track down rested yesterday morning by the the U-boat, while another ship S.M.C. police in Pootoo, Road ad-stewed around to pick up the Joining the western district.
survivors.
Many arrests have also been.
ROUGH SEAS made in the International Settle- But the gathering darkness ait $34 ment and the French Concession rough seas made the search vir-
by Japanese gendarmes accom-tually hopeless from the start.
With panied by police during the past
binoculars, I tried to few days. Most of those arrested pierce the murky expanse of ocean are understood to be members of ahead, in which every wave look- the San Min Chu I Three People's ed like a U-boat, every white-cap I the track of a torpedo. Principles) Youth Corps.
Strict secrecy is kept by the heard the captain murmur. "It's Japanese and the Concession au-ke looking for a needle in the thorities regarding the arrests.
$91
$4.10 916)
$16.80
816
$35
Mining
15/0
15/0
$9.55 Raubs.
$8.15-
1 ota
***
Hong Kong Mizes......
Lands, Hotels and Buildings
$3.55
H.K & S. Hotels.
83.40 $3.65
+
F.K. Lands
$30
$100
Do. 4% Debentures....
$100
+
812
93.40
$1011
841
$151 $16.90
Shanghai Lands.........
H.E. Realties..
Chinese Estates..
Cotton Mills
8182 S'hai Cottons (8.)....
$34
Humphreys
NEW DEMANDS:
Ewo (8.)
$10)
8910
Zoong Sing (S.)......
Wing On Textiles (8.)
$125
Public Utilities
H.K. Tramways... $10.80 $15,90
$7.40 Peak Trama (old).....
18
$3.70
Peak Trama (new)....
24
860
Star Ferries.
£60
$211 $3.80
Y'mati Ferries..
822
Chinn Lights 10)
$8.75
China Lights (Now)..
$3.75
H.K. Elostrice (Didi... $374
$87
H.K. Electrics(New)... #37
317
Macao Electrica (Old)
816
Macao Electrics (New)
$11
$241
Sandaken Lights........
Telaphones (old) 823) Telephones (16W) ****** S'pore Tractions (Ord.) Industrials
$14.90 Cald, Micg. (Ord.) 8.
*
like
haystack."
SECOND ATTALK
swung back to look at the result, we could see a patch of oll spread. ing slowly on the surface.
AN OIL PATCH Theer charges do not produce great geysers of water like shallow depth charges, but their effect
There were no more indies” tions of the U-boat after thai, and in answer to the Sunder- land's signal "What do you think" the captain answered, "Think he's dead; can find no trace of him now."
We picked up the U-boat a few minutes later, wallowed for a moment as the captain ·
Tha, Sunderland glided around checked the bearings and then
us, then dived low over the target langed into the first attack.
again, this time letting go three Bearing down on the submerged hombs which hit the water in U-boat at 25 knots, we loosed. the quick succession and sent ап The Sunderland hovered around first pattern
then of depth charges. spouts of water.
protectively all day, and While we were steaming around
Just then the detectors picked finally slipped away for home,. looking for signs of the submarine. up one of the clearest indication with the signal lamps blinklig in somebody on the bridge shouted a that we had during the whole the dusk, "Goodnight," "God bless "And you too," warning. I caught sight of small hunt. It was unmistakably the you" we replied. circles and bubbles of spray mov. U-boat at a very short range, he blinked as he disappeared into ing slowly across the port bow moving slowly away from us. the haze. ahout 30 feet away.
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements are charged at the price given below SITUATIONS VACANT. ITOUSES AND APARTMENTS WANTED.
HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.
Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Bate of $1:50 for THREE INSERTIONS. If Charges collected, $2.00.
INDO-CHINA SITUATION
WANTED KNOWN/
ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Bables".
TAKES SERIOUS TURN utfits, etc. at $5.00 each for
TWO NEW DEMANDS have been presented by the Japanese
to the French Indo-China Government, according to a Ta
Kung Pao dispatch from Chongking.
These are: passage of 100,000 Japanese troops to
of the French Indo-China-Yunnan border and use Dongdang route.
The French, however, are said
to permit only 12,000 Japanese
troops to land and pass through Enphong. Hanoi and Lake
the Hanol-
£50,000 FOR RED CROSS
workmanship.
Wool and model desired, to be supplied by customer.
Send particulars of address, etcy to Box 502, HKDP.
That "WE" have an outstand- ing assortment of latest American dresses for all occasions and price to suit all purses. Call at "Vanity Shop". (Lazarus), Pedder Street.
HOTELS
RUSSIAN CUISINE
MORE POPULAR EVERY DAY
METROPOLE HOTEL
FOR SALE
For Sale Fifty sets of Jubilee and Coronation Stamps 1st day Cover. What offer? Please apply to Box
Dongdang is to be used only as a
Experienced Book-keeper, Wants (No. 408 c/o The HELD.P students to form a class. Guaran- transit centre for Japanese mill-
Mr. R. G. Menzies, the Australiante students to keep a whole set of tary supplies.
LONDON, Sept 19 (Reuter)
FOR SALE
Admiral Decoux, it is stated, in-Prime Minister, said on Tuesday books after completion of a course sista that French Indo-China (that the Federal War Cabinet has of 6 months. For Term and Par- should adopt "Independent action" decided to give £50,000 to the Red ticulars. Please Apply to:-Box A selection of the best varieties of In the present crisia whether it be Cross.
resistance, submission or semi- The St. John's Ambulance Fund 7 submission. Compétent observers has received £25,000 from the believe that the French authori-Australian Red Cross.
ties will most probably adopt the
last measure.js
$12
Cald, Marg. (Pref.)S.
01
Cantor Icas.
50 cts.
16.
Comenta
$15
B54
H.K. Ropes
#51
$884% Loa
100%
4+1
$95 31%
29631%
Miscellaneous
$18 Dairy Farms...
Eztertainments
$1.60 Constructions (old).
Constructions (new).....
7.40 Lane Crawfords......
Nanyang Tobacco.....
$2.18 Binceres
89 Watsons pikem
(1934)
$05
(1940)
::
$18.76)
$8.56
$2.65
$1.85
Chinese official circles indicate"
into French Indo-China, Chinese
821
troops will cross the Yunnan
3920
35°1
Ch. 0.6% 19260SBds.
・35°/6
$39
LLK. Wing On
· 339
S'hai Wing On
$14
Vibra Pilingkaran gara.
8/9
Marsman Inv. (kon.)
4/0
Maramane Isv. (H.K.)
No. 403 c/o HKD.P
WANTED TO BUY
WE OFFER HIGH PRICES: for
RELIABLE & TESTED FLOWER AND VEGETABLE SEEDS
From
any amount of gold articles, Messrs. Suttons & Sons, Reading.
Messra. Atlee Burpte & Co... diamonds, Jades, etc. No holidays.
Philadelphia when Apply China Building, 7th door.
that if Japanese troops are sent SPEEDING-UP WAR TEL 30727 Eurasia Gold Refining Messrs. Arthur Yates & Co., Ltd
PRODUCTION
Col
Bydney
border for self-defence as pro- WASHINGTON, Sept. 18 (Deu-✨ We pay high prices for all Gold The opportunity of serving you viously announced iter) According to the Dow Jones & Silver articles, Diamonds, Jade will be a pleasure and your
A Hanol report says that owing agency, the War Department, ap- and Gold dust. Apply China Gold
to the present rainy season, large-parently with support of the Refining Co., Pedder Building, 2nd scale Japanese military opera. White House, has sent Congress a noor, Room 6.
tions may have to be postponed request for $300,000,000 for en-
to the beginning of October. Most largement of aeroplane-manufac
of the highways in French Indo- turing facilities and speeding up China are now muddy,
A production
Wanted to Buy 2nd Hand Type-
writer in Good Condition Please apply to Bax No 464 c/o The HKDP
commands will have our best attention.
GRACA & CO.
No: 10 Wyndham Street P. O. Ber 620 Hong Kong.
TEA DANCES
Tuesdays
Thursdays
Saturdays
Sundays
5 to 7.30 p.m.
ENGRAVERS
FEI FEI & Co. Photo Engravers.
18. Cochrane Street.
Telephone No. 22224,
AVOTIONEZEN.
GREATEST COLLATION DI PARG MESS IN DATENI
LAAMTICES MUCALON
12003!
Jinny's
$1 Wm. Powell.............
+Balo to Shanghai'