HONGKONG DAILY PRESS
Finance and Commerce
RUMANIA'S OIL WEEKLY RETURNS AND REPORTS
PRODUCTION
! DROP REPORTED
IN OUTPUT -- BUCHAREST, Sept. 22 (Reuter) -Despite recent reports of heavy exports to Germany it is still im- possible for Rumania to send the Axis powers anything like the full amount of all available for export. This is due mainly to transport 'difficulties caused by the recent and heavy burden of refugee military traffic on railways, coupled with the diminished im portance of the port of Constan- zaag is an export centre,
!
BANK OF ENGLAND
LONDON, Sept. 19. (Reuter).
Public Deposits
Other Deposits:—
Backers
Other Accounts Total
Sept. 19 £
10,880
157,820
Sept. 12 £
13,180
107,710
129,790
400
62,160
108,110
181,050
Government Securities
139,500
Discounts and Advances Securities
+
4,070
3,730
23,010
33,260
Total
27,080
28.990
Notes and Coins
22,430
25,130
1,070
1.140
Notes in circulation
808,640
606.010
13.12%
13.09%
188/-
Other Securities:---
Total Bullion.
Ratio of Reserve to Liabilities
Price of Gold at which holdings are valued ... 188/.
LONDON STOCK
EXCHANGE
This, in turn, is causing a LONDON. Sept. 22 (Reuter) temporary flagging of Rumania's The
oil production.
to
nearly 100,000
tons
monthly which represents a fall In the normal daily production from 16.500 to 13.500 tons.
of
loans
the effect was
overnight Supplies were plentiful and borrowers con- tinued to satisfy the requirement of the cheap rates,
The whole of the £65,000,000 WAR MATERIALS: Treasury bills offered were allot- cent. ted at £1.0s. 7.06 d. per FROM U.S.
This was fractionally less favour- (Reuter) able to the market than the pre- LONDON, Sept. 21 The value of British purchases of vious week, but war materials from the United overweighed by the fact that the total market syndicate received, 36 per States has now reached a of £500.000,000,000, and the Bri- cent. of its application compared of the week tish Purchasing Commission in with 35 per cent. America says that it is estimated earlier.
Wall Street closed firm. that expenditure will equal this
་་ second
the yes=" of during the
alone have totalled £300.000.000,- WAT.
To date, aeroplane contracts 1000.
HONGKONG SHARE QUOTATIONS
SHAREBROKERS ASSOCIATION
FINANCE & GENERAL
MASS MIGRATIONS CHANGING EUROPE Shifting Of Peoples Expected:
To Have Lasting Effects
A vast army of nomadic refugees is now scattered over Europe as a result of the war. Homeless and stateless, most of them pen- niless, these involuntary exiles are migrating across the face of Europe, from the Baltic to the Red Sea, looking for their families, looking for Jobs, looking for peace. They are creating some of the most perplexing social, economic and political problems that have arisen in the history of man, writes James B. Reston in the Japan Chronicle.
Even "before the war the world States, where about 100,000 per- sons: managed to get temporary knew what the problem was.
But the situation is diferent refuge, and another of about the row. It is a question of more than same number down south into 100.000 Poles in Lithuania, of about Hungary and Rumania,
In Even at the end of these flights the same number of Poles
these people did not find
S'HAI TRAMWAY Rumania and Hungary, of 3,000,000 all
WALK-OUT
£32,000 DONATION FROM N.S.W.
LONDON, Sept. 21
movements
||
MONDAY, SEPTEMBER 23, 1940. PAGE 9
SAY
Gordon's
and know what you're drinking/
GORDO
DRY GIN
DISTILLERY. LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
and
Polish Jews living inside German refuge. and Russian occupied Poland, "of The second general migration half million Jews, Austrians, since the start of the war took in many functioned Money Market
SHANGHAI, Sept. 22 (Reuter)-Germans and White Russians hid-place in Finland, and week Thousands of normally throughout the
Shanghailanders ing in France, of 30,000 patols-ways this is one of the most in- Islanders interesting migrations in recent The drop, which is already con-despite occasional interruptions were again forced to walk to work speaking Channel
Under the peace terms siderable, is expected to amount owing to air raids."
Yesterday as the strike of tram-England and Scotland, of 100,000 years.
the Russo-Finnish
soon
way employees in the International Spanish Loyalists in France, of which ended Settlement, which began suddenly 70,000 Germans and Austrians and war the Soviet Union took posses- of "the Karelian Isthmus. 30,000 Belgians. Dutch and French sion on Friday, continued
of hundreds of Overnight more than 400,000 Finns Politics are seen in the walk-in Britain and out which affects some 2,500 men. thousands of others in Rumania had to leave their homes and Hitherto no demands have been and other Balkan countries who trudge through deep snow into the
In many fugees of every description." poli-
ways refugees are lodsed with the company by the are gradually being ousted by Nazi hinterland.
For a country.ot 3.800.000 people tical and racial, have been on the enriching their new surroundings, strikers and company officials are pressure. at a loss to understand the cause
The world has seen many mass the absorption of 400.000 meant run toward the Spanish frontier. just as they have always done. of population. but great sacrifres for every coe. It Right now there are hundreds of Here in England, for example, never have so many taken place meant the introduction of a 20 thousands of them hiding out there are about 80,000 Germans
English homes for the strike.
as in the last few months
per cent. capital levy; it meant in the unoccupied areas of France, living in Millions of people in Poland that all large farms had to be re-and thousands more are trying to thousands of Dutch. Belgians and been in turmoil. People have duced to make room for refugees: get across into Spain. Some are French have been billeted in cot- died from exhaustion and starva-lit meant that over a tenth of the trying to get across into Spain. tages all over the country.
These grateful people are bound tion on the roads. They have died population of the country had to some did, of course, get out, but (Reuter)rom exposure during the Winter live on the good fortune and good-most of them are still trapped, and to enrich the language and enl- their fate can only be a matter of ture of this country and be en- The Lord Mayor's Red Cross and months, wandering from one place will of the other nine-tenths, St. John's Ambulance fund now to another.
A "REVOLUTION” IN FINLAND: conjecture.
riched themselves by their expert- stands at £3.173,000, while the When Warsaw fell there were. This, of course, was a much sim- In addition," then, to these three ence. It is possible, too, that many tund for Londoners distressed as two general migrations out of the pler problem than that which was main migrations there is, for ex-of them-like the Huguenots. Wal- a result of air raids was raised country-one north into the Baltic faced in Poland and elsewhere, ample, the mass movement of 30.-loons and Flemings who came bere yesterday by about £50,000,
but the fact remains that while 600 Channel Islanders to Britam. years ago will remain and, to the the war has been raging in the When France fell, a few English benet of England, be absorbed
Into Channel into the mass of the people. West, the Finns have been going ships simply put
UNCHANGED FOR CENTURIES through a peaceful social and eco-island ports in the middle of one A FI ex-airman who helped "
The fate of the Channel Islan- nomic revolution of their own. night, and without any plan or defend London. In the last war
The third great migration of preparation British officials load-ders is going to be especially in- $1305 has sent £250 as a tribute to "the Registration of the folowing people took place from the Lowed onto ships all those who were terestmg. These people have ved centuries off the coast of tough fibre and devotion to duty Trade Marks has been renewed Countries and Northern France. It wide awake enough to know what for
France with their faces turned to [of 'Londoners.”
under the provisions of the Trado is true that about 2,000,000 people all the noise was about.
left their homes in Belgium and, The problems caused by refugees England without ever adopting dis-Marks Ordinance, 1909;-----
No. of 1937- Lilly & Co., not counting the evacuation of are unending. Consider alone what the culture of either DIELE AS of 224, East McCarty. Street. In- Paris, about 4,000,000 left their has happened to the family unit result, they still speak a patols dianapolis, State of Indiana. homes in France. Most of these in Europe since the war broke out, and have semi-feudal institutions.
people, however, will find their way Family life in a place like Poland Right now about a third of the "
populations of both Guernsey and No. 257 of 1926-Thermos (1923) back sooner or later.
has virtually broken down. Ltd., of 45, Aldermanbury. London, The collapse of France created All the social implications of Jersey are in England. By the time is over they will be a greater problem for stateless re- this movement are not discourag- this war OTTAWA. Sept. 22 (Reuter)-England
anything else had ing however. In many places in speaking English and in No. 53 of 1927-California Texas fugees than The second Dominion War Loan-
France had been a haven Europe now there is a drift back other ways there will be an ex- $120 closing today has been oversub-Oil Co., Ltd., a company organised done.
Bahama for every kind of refugee-White to the land, away from urban change of talents.
Germans, centres. This is especially true in Experts on empire migration now scribed, according to officials of under the laws of the
its Islands, having
registered Russians, Armenians, the Bank of Canada. The amount
offices at The Higgs Building, Italians, Bulgars, Turks, Spaniards, Finland, where many inhabitants | belleve that at the end of the to be raised was $300,000,000.
of the city of. Vilpuri accepted the war, win or lose, there will be a Bay Street, Nassau. N.P., Banama Jews and Austrians
Paris had been the home of the government's offer of a grant of vast movement of people from into the less densely most outspoken enemies of the land. It is true also of the Jews, Europe Registration of the following Nazis. Consequently ever since the many of whom are now settling populated spaces of the world,
search for a new kind of life. Trade Marks has expired and will break-through at Sedan these re- 'on the land in various areas. be removed from the Register of Trade Marks on Oct. 21, 1940, un- less the "prescribed fees for re- newal of registration are paid be- fore that date:
STOCK EXCHANGE,
Bayer Bullere
-Sales Nominal
$1306
$200
$160
$4.40
$405
i
: ་ཧྰུྃ
$3.80
£72
£67
197
SATURDAY 21 SEPT.
Banks
H.K. Banks
Do. (Col. Reg.).....
Do. (Lon. Reg.)... Chartered Banks..
£97 Mercantile Bks. "A".
Buyer Boilers,
The biggest single contribution was £32,000 from New South.
Sales NominWales, Australia,
£72
£67
£63
£27
£11
Mercantile Bks. "C"
£11
So far, £100,000-has-been tributed in relief:
272
Bank of East Asia... $72
N. C. & S. Banks.......
50 ct.
Insurances
$1.90
$1
Canton, insurances...... Union Insurances.......
Underwriters............
H.K. Fires..
Shipping
$120 Donglase$ 811
Steamboats
$100 Indo-Chinas (Pref.)..
Indo-Chinas (Def.).....) Shells
$20
35/0
86.90 Waterboats
$92
$1.10/45
すぐ
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharves... Providents
818.80 1.K, Docks (Old)
$18 H.K. Docks (New)..... #35"
+Shanghai Docks.....
15/0
Koilane
X.D. $9 Paabs
Mining
12 ots., Hong Kong Mines....... Lands. Hotels and. Ballings
H.K. & B. Hotels.......
H.K. Lands...
$100 Do. 4% Debentures.....
$31
$12
$3.40 $3.55
L
$7.16
:
$15.85 $16
369 $211 $6.90 $7.15
www
$4
$38,10 $371
13
:
$24 8244 24
$00
Shanghai Lands..........
H.K. Realties..
Humphreys ...
$101 Chinese Estates.
841
8182
Cotton Mills
Iwo (8.) S'hai Cottons (S.)....) Zoong Sings (B).......! Wing On Textiles (S.) Public Utilities
TRADE MARKS RENEWAL
Dominion War Loan USA
100 Oversubscribed
81
8150
$10
$100 $100
35/0
86.90
892
84.40
$4.40 4.45
$162 $16.30
$35)
X.D.
16/0
$7.85
H.K. Tramwaya... $15.80 $7.40 Peak Trauma (old).....
$3.70 Peak Trams (new)
::
$17 $16
Star. Furrian...... Y'mati Ferries........... $22 China Lights (0)...... $890 China Lights (New)... 93.90 B. K. Electrica (Old)... $38
H. K. Electrica/New)... 837 Macao Electrics (Old) Macao Electrics (New) Bandekan Lights... Telephones fold)....................... Telephones (new).................' S'pore Tractions (Ord.) Industrials
814.90 Cald., Macg. (Ord.) 8.) Cald., Macg. (Pref.)S.
$12
$1
$16
Canton Icon...........
Cements
H.K. Ropor
H.K. Gort. Loans
$90 4% Loan
+
(1934) (1940)..
Miscellaneous
$95
31%
2
895
31%
B18+
$6.80
$9.80
$8.96
Dairy Farms...
Entertainments ........
$1.60 Constructions (old)...
81 Constructions (new)...
17.45 Lane Crawfords...........
Nanyang Tobacco.....
$3.18 Sinceres
Watsona
ab Ch. G.5% 1925G&Bds.
$39
8/9
4/0
K. Wing On
B'hai Wing On
Vibro Plling
Marsmans Lav. (Lon.)
Martans Inv. (H.K.) Wm. Powells........................... +Bale to BbangHai"
50 ots
$3,50
#:
#311
$100
#3+.
++
Eve
$74.20
:
$103
*810
8125
$8
84
$60
$10
H.K STOCK EXCHANGE
"The firm tone at yesterday's close was carried into today's short morning session, with busi- ness resulting in higher rates for Lands and, Trams.
BUYERS
HK. Banks, $1,305. H.K. Fire Ins.. $150. Providents, $4.40.
Trams, $15.85.
Star Ferries, $59.
Yaumati Ferries, $2150.
Lights (Old), $8.95.
Lights (New), $4. Electrics (Old), $38.10; Electrics (New), $37.75. Telephones (Old), $24.
Ropes, $5.50.
Dairy Farma. $18,50. Watsons. 38.80.
Entertainments, $6.60.
SELLERS
Canton Ins., $200.
Hotels, $3.60.
Trams, $16
Lights (Old), $7.15. Telephones (01), $24.50; Dairy Farms, $19.
SALES
!!
HK. Govet. 4% Loari, 99. Union, Ins., $405.
Providents, $4.45. Lands, $31,25,
Trams, $15.90.
Telephones (Old), $24.25,
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted
| Islands. "
RENEWALS DUE
zi
Nos. 18 to 37 of 1927-8. C. Lay & Co., of Alexandra Building, Hongkong.
No. 9 of 1927-Kullman, Salz & Co. of Wells Fargo Building, 85, Second Street, San Francisco, U.S.A.
FIRING PRACTICE
Firing practice as under, is notified for tomorrow:--
Anti-aircraft practice in
the
+
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements, are charged at the price given below:-- SITUATIONS VACANT. HOUSES 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
Rate of $1.50 for THREE INSERTIONS.
WANTED KNOWN
ORDERS TAKEN for hand-made southern area of the Island besweaters, Ladies jumpers, Babies"
tween 9 am, and 4 p.m.
outts, etc., at $5.00 each for Firing areas "D" and "C" will workmanship. be affected.
Wool and model desired, to be Light gun firing practice will supplied by customer. be carried out between 6 pm. and midnight.
Firing areas. "D" and "E" will be affected,
Send particulars of address, etc., to Box 502, HKDP.
That "WE" have an outstand- Heavy gun firing practice being assortment of latest American tween 9 am. and 10 p.m. on dresses for all occasions and price Wednesday.
to suit all purses. Call at "Vanity Firing-drea "B" will be affected. Shop" (Lazarus) Pedder Strect. Light gun firing practice be tween 9 am and 6 p.m. on Thurs- day....
Firing areas "D" and "E" will be affected.
If Charges collected, $8.00.
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 Bor No. 465 c/o The H.K.D.P.
FOR SALE
Experienced Book-keeper Wants Students to form a class Guaran- tee students to keep a whole set of books after completion of a course of months. For Term and Par- Alternative date Sept 23.
Please Apply to:--Box A selection of the best varieties of in Anti-aircraft practice
theticulars.
RELIABLE TESTED southern area of the Island be No. 463 c/o HED.P. tween 9 a.m. and 4 pm.
WANTED TO BUY
Fring areas "D" and "C" will be affected.
#
Light gun firing practice wil
WE OFFER HIGH PRICES for any amount of gold articles,
be carried out between § p.m. and diamonds, fades, etc. No holidays. midnight.*
..
Co.
FLOWER AND VEGETABLE SEEDS
From Messrs. Suttons & Sons, Reading. Messrs. Atlee Burpee & Co.. Philadelphia
Bydney
Apply China Building, 7th door. Firing areas "D" and "E" will Tel. 30727. Eurasia Gold Refining Messrs. Arthur Yates & Co., Ltd., be affected.
Light gun firing practice be- 141 4.10 tween 9 am and 6 p.m. on Fri 100 16.80 day.
100%
$96
HONGKONG
$16
$6.00
$1.95
37 831
on Saturday, Sept. 21, 1840.
$220 China Providents
1000 $4.45
$8.90
$9.96
China Lights (N.) 35 HK. Docks (0)
$39
HK, Lands
$14
HK. Tramways HK., Realtys
100 15.00
500
3,50
2141
The total value 15 $19,448.10.
be affected.
F
1
200 31.25 Firing areas "D" and "E" will 100 31.40 be affected.
Alternative date: Sept 28.
Heavy gun firing practice be tween 10 am and noon
We pay high prices for all Gold & Büver articles, Diamonds, Jade and Gold dust. Apply China Gold Refining Co., Pedder Building, 2nd floor, Room 6.
Wanted to Buy 2nd Hand Type- Firing areas "C" and "D" will writer in Good Condition. Please 484 c/o The apply to Box No. HKDP.
The opportunity of serving you will be a pleasure, and your commands will have our best attention.
GRACA & CO.
No. 10 Wyndham Street P. O. Box 620 Hong Kong
many.
TEA DANCES Tuesdays
Thursdays
Saturdays
Sundays
5 to 7.30 D..
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street. Telephone No. 22224,
AUCTIONEERS
+ }]
“GREATEST COLLECTON BARGAINS IN TOWN)
LAMÄERTS AECHION BARIAT Lanunery, Bro na
Telephone No 2024;
Jimmy's