HONGKONG DAILY PRESS
Finance and
دارد
Commerce
BRITISH-FRANCO
MONEY AND St. Lawrence
EXCHANGE
CLOSING QUOTATIONS
"OCTOBER 18, 1940.
On London:-
Advisory Committee
Telegraphic Transfer. 1/7 Huge Allocation For
Bank Bills, on demand 1/2 7/8
Credits 4 montha' sight 1/3 1/3
On Shanghai:-
On demand
On Singapore:—
· On demand
On Japan:-
On demand
On India:-
Telegraphic
and demand
On New York:-
365
59 3/4
108
Transfer.
sfer. 182 1/2
Bank Bills, on demand 32 5/8 Credits, 60 days, sight 23 1/2 On Batavia:-
On Saigon:-
42 1/4
AGREEMENTS
FINANCE & GENERAL
SATURDAY, OCTOBER 19, 1940 -PAGE 9
BRITAIN AND SWISS TRADE
WOMEN'S WAR WORK
Importation Of War Dr. Winifred Cullis'
Commodities
LONDON, Oct. 18. (British Wire- |
Address In Kobe
In an address to the Kobe Bri- less)-The British Governmenttish Women's League at the Tor have intimated to the Swiss Gov- Hotel recently, Dr. Winifred
Preliminary Surveys support that Britain is to give to war purposes so
and
Maintaining Trade com tot causare ab- Cullis gave a vivid description of xious to avoid causing any undue the war work carried on by the Of Free Colonies
anxiety to swiss trade, they can women in England. not see their way to facilitate the
"Although I wish to be back in LONDON, Oct. 18 (British Wire-import into Switzerland of more London right now, I am glad to less) The measure of economic important commodities useful for be here to give you a personal long as large description of the state in England "WASHINGTON, Oct. 18 (Reuter) the Free French possessions in stocks of these are held.
and carry Impressions from one -President Roosevelt has inform-Africa. Is disclosed in reports that
"They have however agreed to who is straight from home,” said ed Congress that he has allocated a series of agreements have been
navícerts and export Dr. Cullis, the grant $1,000,000 for preliminary surveys made between Britain
enable a two-month. She stated that there is com- on the development of additional French authorities in Africa, who licences to
stock to be inaintained and ac- plete and serene confidence every- power for defence purposes at the had joined General de Gaulle, International Rapids section of
They will enable the latter to cordingly nine ships which has where in England and that every- wibody is "carrying on" with a smile, the St. Lawrence River.
dispose of their principal products been waiting to go forward
She then now be able to proceed.
exhibited topical and so maintain their trade.
photos of children's evacuation. 'From the French Cameroons, The British Government will
air-raid shelters and women's Britain agrees to purchase 12,000 also be prepared to grant navi- tons of cocoa more than 1/3 of certs and export licences for any organisations at work and as these the annual crop, 2,500 tons of cof goods which cannot benefit the fee more than half the annual enemy. crop and much other agricultural They have reserved the right to revise their decisions at any time. NATIONAL CENTRAL produce, including timber.
The President has also created a St. Lawrence Advisory Commit- tee to advice him in planning the work and to co-operate with the appropriate agencies of the Cana- |dian Government.
On demand .........
On Paris:
Bank Bills, cn demand Nom. Credits 4 months' sight Nori.
On demand
981/2
On Manila:--
On demand
45. 1
On Bangkok:-
140 1/2
Bank Buying Rate
Bar Silver per oz
Nom. 23.7/16
have
On demand
On Sterling Notes:-
Market Report
FROM ROŽA BROS.
Friday, Oct. 18. Silver prices were not received yesterday. American Silver was quoted at 34.4/3 for Spot.
The London/New York rate was quoted at 402.1/2. York/London was quoted at 1/4
MARKET
Extremely dull.
STERLING
а director,
{
FUKIEN^ UNIVERSITY FOOCHOW. Oct. 18, (Central) Under orders of the Ministry of
were passed around, Miss Cullis
told the ladies of women's work
In wartime England.
EVERYBODY'S
Favourite
"BLACK&WHITE"
First, she described the Fire Fighting Service, which is playing lan important part in reducing the. destruction caused by incendiary bombs dropped by the German women substitute, for men who raiders. These women have been can be used elsewhere and are on duty ever since September last used in wireless work coding, decyphering and other confiden-
year,
NEW US. LOANS TO CHINA?
ACCUMULATION OF STOCKS LIBRARY··
Thus very considerable accumula- CHUNGKING. Oct. 18 (Central)tions of stocks will be eased to the -A National Central Library will benent of being spread over the be established,
whole community of merchants as The Library which wih be under well as producers. the Ministry of Education will Britain has also agreed to take Education the College of Law of They are taught to use the anti-tal work.
five sectional, the whole of the 1940-1941 cocoa the Fukien University has been incendiary pumps, and as Dr, Cul- Women pilots are also now used chiefs and 14 10 20 compilers. It crop. From the French equatorial merged lift the Amoy University is described how these pumps to ferry planes from the factories. MR. T. V. SOONG IN may establish branch libraries in Africa, Britain is purchasing the and will be removed from Yungan had to be handled, the local ladies These have increased In number
WASHINGTON... in central Fukien to Changting on found that they are even more recently, and there are existing stocks of chad cotton pro duce and from the French Congo, the western Fuklen börder.
complicated than they sound. She waiting employment.
WASHINGTON, Oct. 18 (Reuter) total stocks of palm kernels have The Colleges of Agriculture and added that the FFS, women have The Women's Land Army. The question of new loans to been purchased, Britain is further Medicine of the Fukien University "great fun" in using these stirrup small organization with 12,000 China was under discussion during helping these colonies to import will hereafter be independent col-pumps to put out fires,
trained memts is mainly used conferences held yesterday by In driving tractors and trucks. T.V. Soons, former Chinese Finance what supplies of mineral oils they leges under the Fukien Provincial:
Milliners, dressmakers, typista, all Minister, now in Washington on a require.
enlist to face the rigours of coun special misson, and American cul try life, clearing woods and help- ing with forestation and farming.
various parts of the country,'
PATROLS ACTIVE IN KENYA CAIRO, Oct. 18 (Reuter)-"Noth ing of importance to report in cross-Egypt," states a communique issued
the British Government New from
403. Headquarters.
Selfers at 1/2.31/32 October/ December, buyers at 1/3 for Cash.
"U, 8, DOLLARS
Bellaz át 23 for near buyers at 231/18 for Cash.
SHANGHAI DOLLARS
The
Government.
HONGKONG SHARE QUOTATIONS
communique adds: "In Sudan and Kenya our offensive STOCK EXCHANGE patrols continue to be active."
+
H.K. STOCK EXCHANGE
The" week under review is not- able for the steady tone resulting In a fair turnover El advancing „small business was done at prices. With no adverse news on 395 and 395.1/2. The market closed the reopening of the Burma Road with sellers at 395, buyers at 396.
SHANGHAI MARKET Sterling seller were quoted at the opening at 3.3/4 for spot and closed at noon with sellers for Spot at 3.40/64, US, Dollars open- ed with sellers for Spot at 53/4 and closed at Nood with sellers
at 5.35/32 for Spot.
AFTERNOON MARKET
The market was quiet in the afternoon.
STERLING
There were sellers at 1/2.41/32 October/December; buyers at 3/1 for Cash,
U, S. DOLLARS Sellers at 23 for Cash, buyers at 23.1/18 for Cash and November. SHANGHAI DOLLARS
Some business was done at .305. 1/2, The market closed with sell. era at 395, buyers probably at 396.
SHANGHAI MARKET
Bellers for Spot at 3.49/64 and US Dollars at 5.25/32 for Spot.
today the tendency is for a con- tinued advance and larger volume. At the close a good demand on a broader scale persista
BUSINESS DONE DURING THE WEEK.
H.K. Banks $1205, $1225, $1215. Union Ins., $400, $380. Providents, $435, $4.45, $4.40. Hotels, $31. $3.30: Lands, $301.
пуст
Ballots
Sales vomics
#1215
***
£65
280
دي
SHARTBROKERS' ASSOCIATION
FRIDAY
..18 OCT
Banks
H.K. Banks ...
Do. (Col. Reg.)
Do. Lon. Reg.1
Chartered Banks ......
220 Mercantile Bks. "A". £10 Bercantile Eks. "O".
Cantor IKYAJCSS...........
Bellara Buyer
Salen oraldui
T
#1235
265
OSTE
S
VOLUNTARY SERVICE
The next service Miss Cullis told about was the Women's Voluntary Service, with a total membership of 600,000 but with only 57 paid
These workers.
volunteers
đo
S
RAISING FUNDS
many
cials.
The press was informed after - the conferences that repayments of
varled kinds of tasks, such as Other women who are not in such loans could probably be made handling the evacuation of chil- these organisations are doing their from tung oll, tungsten and other dren from London and, taking part by raising funds and making commodities, 'charge of their billeting.
the now.
comforts, such as women in Ja. No other detalls are yet avall.
CO-OPERATIVES IN KWEICHOW
The country people have accept-pan are doing, added Dr. Cullis,able, ed unknown efty children in a On the subject of conditions in splendid spirit, but some nave England, Miss Culis said that the Fshown signs of being worn out by figures issued by the Air Ministry £26 the constant care of their own are accurate and are never "exag- ΕΤΟΣ
offspring and
littlegerated. "I want you to believe visitors.
that information from the Minis- KWEIYANG, Oct. 18 (Central)———- Camps for children were sug-try is really true. When they say Co-operative enterprises are wide-
in Kwelchow.-- gested by Dr. Cullis, but she re- two planes are lost, then only two ly developed gretted to say that they have are lost!" she said.
According to the latest statis- never materialized. The collection Concluding Dr. Cullis declared, tics. there are 8,498 co-operatives $180 of aluminium for aircraft manu-Take it from me, never in history scattered over 82 districts with
facture was supervised by the have the British people been sq 334,563 members and $120 | WV.S. and Dr. Cullis told some solidly behind their government capital of $803,532,.
humorous stories of the campaign. as in the present war. This is a
:
572
Bank of East Asia......
872
N. C& 8. Banks...... Insurances
50 ct.
· #185-
$188
$380
Union Insproces. $380
31
Underwriters
#1
$180
"H.K. "Fire
Shipping
$120 Douglase!
$11
Steamboats...
$100
Indo-China (Prof..
Indo-Chinas (Def.
Shells
$80
36/3
total
speech Following the lecture Dr. and the Women's Royal Naval Mrs. H. A. Graves was chairman | Cullis answered some questions Service were described next. These and gave short introductory asked by several of the audience,
$100
8100
་་་
38/3
The Women's Territorial Service, people's war, carried on in whole- the Women's Auxillary Air Force. hearted "co-operation and unity."
86.90
Tramways, $15.30, $154, $154. China Lights (O), $6.65. $84. Electrics (0), $36, $36.10, $36). Electrics (N), $38. Telephones (0), $231. Telephones (N), $91.
$88
$4.40 $4.45
$4.40
$161 $16
FL.K. Docks (Old)...
H.K. Docks (New).....
$16
**$97
Mining
14/0
$8
Cements. $13,
$15.40
Watsons, $84.
$15.20, $18.30,
HK. Govt. 31%, Loan (1934) 95.
BUYERS
Lands, $30.25.
834
$3.30
$301
$3.40
Union, Ins., $380..
Providents, $4.55. Hotels, $3.25.
Realties, $3.40. -
Trams, $15.70.
Electrics (0), $36.25.
Electrics (N), $35.00.
Telephones (N)," $0.30...
Cements, $15,76,
Ropes, $5.90.
Opening
Watsons, $8.80.
$15 $15.00 $15
0/3-11/16
5-5/8
-23-7/8
Shanghai Exchange
Official TT, Rates
Shanghai, Oct. 18 (Reuter).
$6.90 Waterboats
Docks, Wharves.
Godowns, etc.
8804 H.K. & K. Wharves...
Providents.................
$201 +Shaoghai Docks....
10"
Kailans
101 Raubs
1 ct. Hong Kong Mines.
Lands. Hotels and Buildings
H.K, & & Hotels.
$100 Do. $% Debentures.... B10
Shanghai Lands......
H.K. Realties..
$7.10 Humphroys ............** $103. Chinese Estates........
Cotton Mil
Ewo (8)............. S'hai Cottons (B.)........ Zoong Sings (8.).......
$30 #181
H.K. Landa.........
*H
$3,20
$301
$100
$3.40
$30+
$190
Wing On Textiles (8.)
$125
Public Utilities
15.85
***
H.K. Tramways......... $7.40 Peak Trams (old).... $3.70 Peak Trains (new)...
921
1594
*T!
$64
Star Ferrie
F'mati Ferries.
China Lighte (0)
$293 $6)
China Lights (New)... $6.36
H. K. Electrics ('Old)... #38)
· London
New York
Japan
India
Hongkong
Spet
Sterling
20-3/8 N 24-1/2
Aellers
Opening. Closing. 0/3-49/64, 0/3-49/64 Oct. 0/3-45/64 -0/3-49764 Nov. -013-40/64 0/3-49/64 5.6. Dollara
$5-25/32 $5-25/32 5-25/32 5-25/32 5-25/32
Spot
Oct
Nov
Market:-Quiet.
Calcutta Exchange
5-25/32
Calcutta, Oct. 17 (Reuter).
T.T. on Japán, 81-1/4.
India Rupee Paper
Bombay, Oct 17 (Reuter), Govt. 3% Rupee, 91-02-0.
SILVER MARKET
"BOMBAY, SILVER
Bombay, Oct. 1 17.(Reuter)." Market Quiet
Dairy Farms, $17. Entertainments. $6.40.
SELLERS
H.K. Fire Ins., $150. Trams; $16.
Lands. $30.50.
SALES HK Banks, $1225. Docks (0), $18.78.⠀ Providents, $4.45/80.
$36.10 $30! $36.00
H.K. Electrica Now)... $35.00}
317
Macao Electrics (Old)]
$16
611
Macao Electrics (Now) Sandakan Lights....................
$23.10 Telephones (old)
$28.10
$9.30
Electrics (N), $38.73.
Cements, $15,75/16.
Watsons, $8.90.
Telephones (new)... S'pore Fractions (Ord. Industrials
$14.00| Cald., Magg. (Drd.) B.
$9.30
HONGKONG
$15 $5,90
A
$12
Cald., Macg. (Prof.)
$1
Canton Ices
Cementa inän
50 ota, $158
SHAREBROKERS"
ASSOCIATION
Volume of Business Transacted
on Friday, Oct. 18, 1940.
BALES
A.S. Watsons Cements China. Providents
$17
500 $8.90 500 15.95
500
4.50
250
4.50
500
4.55
1,000. 4,55
$81 $8.00 || $81
800 4.80
100 15.75
H.K. Electrics: (0)
200 36.75
100 30.50
Yaumati Ferries
30
22:25
14,180
HK. Docks (O).
Offtake nil.H.K. Lands
Indian Mint Silver
02-08 Ready Oct. 23 Bettlement 62-08 Nov 26 Settlement ...... 62-09-
The total value fa $37,567,50,-
$17 $17
$6.60
H.K. Ropes meginiana 154
HK. Gori. Loans
$99
4% Loan
195 31%
J
131%
$96
(1994) (1940) Miscellaneous
Dairy Farms...
16.60 Entertainmente
: $1.80 | Constructions (old),.
"81
Constructions (D0W)...««.
$7.45 Lane Crawforda
Nanyang Tobacco $3
$2.15 Sinceres
Mowers Watsons d
35%
Ch. G.5% 19250$Bdr.
$20K Wing Or
S'hai Wing On
Vibro Pilings Maramana Inv, (Ljön.
7/6
2/9
Marsmane Toy. (EK)
#1
Wm. Powell
"†Sale to Shanghai:
23
$8.75
PRE-PAID ADVERTISEMENTS.
The following classse 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 ať a Fre-páld
Rate of $1.50 for THREE INSERTIONS.
If Charges collected, $2.00.
WANTED TO BUY.
articles,
WE OFFER HIGH PRICES for any amount of gold diamonds, sliver, etc. No holidays. Apply China Building, 7th floor. Tel 30727. Eurasia Gold, Refining 4.) Co.
We pay high prices for all Gold & Silver articles, Diamonds, Jade and Gold dust. Apply China Gold. Refining Co., Pedder Building, 2nd floor, Room 8.
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 No. 465 c/o The HADP.
TEA DANCES Tuesdays
Thursdays
Saturdays
Bundaya
5 to 7.30 p.m.
ENGRAVERS
FEI FEI & CO Photo Engravers 18, Cochrane Street, elephone No. 22224,
WANTED KNOWN.
ORDERS TAKEN for hand-made sweaters, Ladles jumpers, Babies' outfits, etc., at $5.00 each for workmanship..
Wool and model desired, to be 881), supplied by customer.
$1.80
Send particulars of address, etc.. to Box 502, HXDP.
The "WE" have, an outstand- ing assortment of latest American dresses for all occasions and price to suit all purses. Call at "Vanity #2.20 Shop" (Lazarus) Pedder Street.
-35°
1306
Experienced Book-keeper Wante Students to form a class. Cinaran- otes students to keep a whole set of | books affer completion of a course of 6 months, For Term and Par- |ticulars. Please Apply to:---Box
No. 46 c/o HKUP,
YOU
Are Invited to Inspect Our Stock of
Asiatic, Foreign and Colonial
POSTAGE STAMPS
m Sets, Bingle, Fackets. Bags and in Approval
Sheets.
GRACA & Co. Dealers in Fostage. Stamps, Philatelic Goods, Picture Postcards, Religious Goods,
Garden Seeda, & etc,” No. 10 Wyndham, Street PO Box No. 820,
"Hongkong.
AUCTIONERE
GREATEST COLLECTION BARGAINS IN TOWN"
MAMMALICTES AGUERON ROUM
UJ
T-Jetarda
Jimmy's