HONGKONG DAILY PRESS
FINANCE & GENERAL
SHAKEN FRANCE HAS BLOODLESS CHINA'S FINANCIAL REVOLUTION:
POSITION ANALYSED
PETAIN TO
DE-AMERICANISE NATION
VICHY, OCT. 27-FRANCE'S FIFTH REVOLUTION IN A CEN- TURY AND A HALF IS A BLOODLESS ONE, a strange and silent -reformation which has falled, thus far, to stimulate the slightest op- position or to raise a smile or a song to the lips of the nation, Gay France has become blue France as an
has settled over a crushed nation.
THE UNUSUAL SILENCE IS THE MOST STRIKING FEATURE OF THE CHANGE. This is partly due to an artificial cause, the sup-
anusiał calm
never used in connection with the trials.
RESPONSIBILITIES' FIXED .
RUBBER BOOM IN N.E.I.
The war is many times more expensive for Japan than for. China, writes Vladmir Rogoff, former Tass - correspondent in China in the latest lasuo of the "World's Economics and World's Politics","published by the Academy of Sciences of the
#
U.S.S.A. "Japan's financial diffiepfilespedient use of her abundant re- Are universally known while sources to provide her with the
U.S., JAPAN "BEST
CUSTOMERS China's relative financial stability stews of war.--(Central News). sharp increase in orders from the says Rogolt, who explains the H.K. STOCK
BATAVIA, Nov. 9 (Router)-As to many a regular 'enigma,
this
1
"
EXCHANGE
BUYERS
HK. Banks, 31225.
Bank of East Asia, $73. Canton Ins: $180,
Union Ins: $3871. Docks (Old), $15.25.
Docks (New), '$15.75,
Providents, $4.70).
Hotels, $3.50 Lands, $31.
firm
United States and Japan has altuation by the fact that the There is a precedent for the war caused a sizable rubber boom in National Government has success
the Netherlands East Indies, a fully overcome many difficulties pression of automobile traffic by guilt trials, because after previous semi-official Japanese report de- during the war owing to the sub-with little business passing due
The market continues the gasoline famine. Fewer than disastrous defeats, various
clared yesterday.
port it received from the entire to the short session, 1,000 automobiles are operated in French regimes periodically fixed
The United States, one of the population. the big cities. Paris, Lyons, Mar-responsfollities and sent soldiers
China's rich · resources, ‘and selles and Bordeaux, while there and statesmen to prison. In this best customers of the NEL rub-
Iärge mavings held by the Chi are country roads where days pass case. the purge must be painless ber Industry between January and bought by September because
nese Government and people the
year, without an automobile being seen.
gove nment suppressing the death sentence for 245,319 tons of unrefined rubber,
have enshied National China MOURN WAR DEAD
to finance a prolonged war. Generally, France has taken its political crimes made it impossible compared with 129,100 tons in the
The author further says that swift defeat to heart and is to send any of the Rlom indicted corresponding period last year.
United States interests are ex-China possesses considerable flat mourning the war dead-now of-personalities to the firing squad- Acially announced to exceed 80.000 except perhaps anyone convicted (pected to purchase 150,000 addi- reserves, exceeding several times) which is not far from the total ut plotting against the security of clonal tons before the end of be those of Japan. In the opinion year, which would bring the total of Chinese and foreign experts, figure of all American war dead the state.
Amid national silence, theto more
than 950,000 tons com-China has quite a sufficient store from illness and wounds in twe
finance the war. for years of the world war. People Petain-Laval government proceeds pared with 170,000 for the whole of allver to
another three or five years. neither sing hor speak loudly in methodically with its reforms for last year, the streets. The blare of radios has already suppressed parliament, Industrials predict that NEL dissolved secret societies, suppress- ed the CGT and the patronal trusts which were responsible for the reactionary and the extremist agitation which provoked costly strikes and lockouts-both now are Illegal terminated liberal eco- nomy and now is in process of changing the morals of the na tion.
GOYT'S. INTENTION
from storefronts and through open windows is silenced.
There is no visible galety, and indoors theaters are only half-filled and the films and " pays offered are historical for the most part, such as Sacha Gultry's revival of Pasteur. which is the outstanding play of the Paris season.
One reason tor France's silence is that the entire list of war dead is unknown, and that there are still nearly 2,000,000 soldiers and officers unaccounted for. Of these 1.800.000 are believed to be prison ers in German camps. In France
and Germany.
"
But there is no list of their names and they have no means of communicating with their families. There is no record of the number or names of war wounded still in hospitals on the German side of; the lines, and there has never been a complete or even an approximate casualty list.
Many demobilized soldiers stin are in the army camps because of the travel restrictions imposed by Germany which prevent them from returning to their homes in the former battle regions, or. In the zone north of the Loire river. They are unable to communicate with their families which, often are, are refuged in southern France with
total production for the year will amount to 630,000 tons, of which 64 per cent will be exported to the United States ·
LONDON METALS
Tin,
EXCHANGE
London Nov. 8 (Reuter);
Standard, Cash, Middle
Speaking of the series of finan- cial measures taken by the Chi- nese Government, Rogoff points out that these measures allow the achievement of Chinese stabilisation and frustration of the Japanese scheme to flood the occupied areas with paper cur
rency.
Currency
ኒ
In conclusON, the author saya that a steady continuation of the Chinese war of liberation and further strengthening of Chinese Tin, Standard. 3 months, Middle unity will further make it possible for China to make full and ex.
It is the Government's intention to de-Americanize France. In the Price, £260-1/4. 20 years which followed the world war, France adopted many Amer-Price £261-7/8. Idan ideas and methods, and not always the best. Marshal Henri Philinde Petain blames it for the softening of the race which pro- voked the catastrophe. France was the most Americanized country of STOCK EXCHANGE, Europe, rode in American luxury CATA,
smoked Amoked American
cigarettes. drank American cock- tails. went to American movies American and even Imported Clothing to country which is famous as the cradle of dressmak" Lng.
It is Fetain's intention to Euro- peanize France. He argues that France must live among - Euro- peans, in the new order of things, hence must adapt itself to contin- rental ways. Luxuries will give way
to necessities.
TO BAN AMERICAN GTOUS He has ordered restrictions and no man, address and no communi-privations and further decrees will cation with their former homes.
maka it difficult to Import Amer- 1,500,000 FAMILIES HESITANT
ican automobiles.. even American Because of that uncertainty.
reaping and harvesting machinery, more than 1,500,000 familles best typewriters, cameras and other in. tate to mourn their war dead.dustrial "luxuries" which Petain There is always a possibility that has ordered France to do without a. missing soldier is a prisoner, or in a simplification of its standard in a hospital. For that reason, of living and a return to the land. very little widows black is seen
Through the new industrial con-
were
.."
HONGKONG SHARE QUOTATIONS
Auyer Sellers
Salon Nominal
$1225
269
£84
£7 1/16
... 210 1/18
873
#177 $387
非临
SHAR BROKERS' ASSOCIATION SATURDAY 9 NOV. Banks
H.K. Bank.
Do, (Col. Reg.)
Do. (Loa. Reg.) .......- Chartered Banks......
E254 Mercantile Ekr. "A". Mercantile Bk. "0" Bank of East Asia..... N. C. & 9.-Banks....
Insurances
Buyer
Sellers
Canton innurances........... Union Insurances.
$387
$1
Underwriters
$180
H.K. Fires.....
Shipping
€135
Douglases
$11
Steamboats ***
$9
$100
Indo Chinas (Pref.
880
Indo-Chinas (Def,!
35/7
Shells
$6.90 Waterbrais
Docks, Wharves.
Godowns, etc.
$90 H.K.K. Wharves....
Tina!
24.70 $16
$4.65
31
Providants'...sajan HK. Docks (Old).......... | $18 H.K. Docks (New).....
$4.65
$4.60/70... $1618/18)
$314 | +Shanghai Docks......
Mining
$31
#340
$165
ེ། ་ཚུ
in the streets. Army headquarters trol committees, the government. and the war omce are besieged, will be able to control salaries as with requests for news of missing well as prices, hence by cutting out men. but until the International imports and making France live Red Cross completes its census of as much as possible on its home German prison camps and catalo-production, for the provisional era ques the names of the French pri- of reconstruction, the government 'soners, it will be impossible to intends to force a lowering of the check off army rosters to find an living standard. Petain feels that approximate list of war dead. a rich, rural France is stronger. The German army buried the morally and materially, than a French dead on the German side poor, industrialized France, of the lines. Wherever the dead
RURAL FRANCE · soldiers wore identification tags-on All his efforts are pointed toward- their wrists, the graves were mark- an improvement of the rural stan- ed but often the temporary ceme-dards of living, electrification of terles
later destroyed in the countryside to modernize farm further alr bombing.
methods, extension of the rural NO RECORDS
credit system to carry farmers 818.20 $10.40 Many were buried along roads, through lean periods, and make the same as the civilian refugee country life so appealing that dead, and the graves marked by workers will quit the cities where simple branches placed upright in the lure of higher salaries will be the ground. German authorities lessened-and return to the land.
He feels that in, that process, say they have no record of those burials. That completes the con- France can abandon luxuries with- fusion caused by the loss of most out abandoning its pride and that of the regimental records in the in the future community of Euro- pean nations as the statesmen of collapse and hasty retreat.A
This uncertainty has led to a the conquering nations willi define silent acceptance of the beavy re-t, a strong rural France with forms decided by the Fetain-Laval 40,000,000 closely knit Frenchmen government. The silence does not will have a better chance than an signify indifference, because the industrial France. tern by class country is not indifferent to its warfare.
political turmoli and
114/0
Kailons
$91 Raube
12 ote. Hong Kong Mines..... Lands. Hotels and
Bulidings
H.K. & S. Hotels.............. H.K. Lands...
$100 Do. 4% Debentures.... $11.30 Shanghai Lands......
H.K. Realties.....
$7.10 Humphreys $100 Chinese Estates.
"Cotton Mills
S'hai Cottons- (B.)...) Zoong Sings (8.)........ Wing On Textiles (8.)} Public Utilities
#:
;
Realties, $3.40. ··
Yaumati Ferries, $23,25. China Lights (Old), $8.90 China Lights (New), $6.50,
·Electrics - (Old), $37.25 Electrics (New), $37 Macao Electrics (Old). $IL60. Macao Mectrics (New), 18.60. Telephones (Old), $24. Telephones (New), $9.80. Cements, $16.75. "Dairy Farms, $17.25
Watsons, $9.80. Entertainments, $6.60.
SELLERS
Vibro Piling. $8.
SALES
MONDAY, NOVEMBER 11,' 1940 --PAGE
If you Value your Health-
HONGKONG
Insist upon
Gordon's GIN
NO Colouring Matter No Injurious
Ingredienta
SHAREBROKERS
DRY GIN
DISTILLERY
LONDEŇ,
US. WAR
ASSOCIATION SUPPLY OUTPUT Volume of Business Transacted FOR BRITAIN
on Saturday, Nov. 9, 1940.·
SALES
H. K. Govt: 4% Loan, $98. Cements. 317. Ropes. $6.70.
China Providents
500
500
China Lights (Old)
100
H.K. Docks (Old)
200
200
H.K. Docks (Newy
70
H.K. Tromways ...
200
50 500
H.K. Telephones (Old) 500 H.K. Tramways
200
2920
Douglases, $135." Docks (New), $16. Providents, $4.75. Trams, $16.40.
China Lights (Old), $7. Telephones. (New), $9.90. Cements, $17.
LONDON MONEY
MARKET
LONDON, NOV. (Reuter)
In the Money Market applications for this week's quota increased from 25 per cent, to 31 per cent. Clearing banks readily bought all Bills offered and remained, willing lenders of overnight loans, -.
Wall Street opened irregularly and higher.
נו
The total value is $38,772,50.
WASHINGTON, Nov. 10. (Rev- ber-A "rule of thumb" whereby $4.75 Britain and Canada are to get 4.75 60 per cent of the United Stater 7.10 war supply output was announced 16.60 by President Roosevelt at his 16.75 Friday press conference. 15.75
He sold that this Wouter 16.40 clude large bombers and ammui- 16.40 tion, of which the United States 16.10 is already keeping 56 per cent. 24,60 and selling 45 per cent..
16.40
SILVER MARKET
BOMBAY SILVER Bombay, Nov. 9 (Reuter).
He made it clear that this ar rangement can be revoked im- mediately, if it is to the detri ment of the American armed fordes.
be
It is officially stated that, am army of 1,000,000 men 10111 ready in the United States m four months time.
Market-Quiet, but steady on- NEW CANTON BANK take 30 bars.
Indian Mint Sover Ready...... Nov. 28 Settlement Dec. 27 Bettlement
B1-06
61-06. 61-07
CANTON, Nov. 9 (Reuter)-The new Kwangtung Provincial Bank was inaugurated here yesterday with elaborate ceremony. The Bank is capitalised at $10,000,000 Chinese National currency.
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
If Charges collected, $2.00. Rate of $1.50 for THREE INSERTIONS.
$3.40
$3.50
$31
$100
$3.40
WE
WANTED TO BUY
PAY HIGH PRICES #41) for all gold and silver articles, $190 gold bars, diamonds and jewels. Apply China Gold Refining Co. $125
Pedder Building, 2nd floor, Room 6.
H.K. Tramways....... $7.40 Peak Trams old)..... $3.70 Peak Trams (new).........
94 Star Ferries.....
$18 $7.40 $3.70
357
$221
Y'mati Ferries.
*$29)
86.86
$0.90
Chins Lights (0).... #6.80 China Lighta (New).. · 30,50
$371
H.K. Electrics (Old)... 837+
$37
H. K. Klectrics(New)........} #37
17.60
Macao Electrics 1018)}
$16.0
Macro Electrica" (Now)
$12
Sandakan” Lights................!
894 $9.00
Telephones:" (old)....:|| $33|| Telephones (new)
$9.80
S'pore Trictions (Ord.) Industrials
$14.90) Cald,, Macg. [Ord.) S. $19 Cald., Macg,(Pref.)8.
#1 Canton Iow
$16)
| #81.
$86
$98 81%
fate, National humiliation over the social strife such as weakened 76
France in the past 20 years when
į defeat still is tremendous.
overthrowing cabinets.
Yugoslav Demarches
$6.60
BELGRADE Nov. 9 (Reuter) -
The nation ardently desires re- the great national pastime was sponsibilities to be fixed, and for that reason the government's prompt creation of the supreme court, and its regulatory charging that court with fixing the war guilt of those who had the re- The Yugoslav Government yezter--| sponsibility but failed to prepare day made demarches in- Athens, France for the war, and those who Rome and London hoping that led it into war with the knowledge steps would be taken to avoid a $8.60 that it was in a state of impre repetition of incidents such as paredness, has been satisfactory the recent bombing of Monastir to g and reserving the right to the country.
The Rjom trials have centered claim indemnity for injuries considerable attention, but France and damage due to bombing on does not regard these trials as a the basis of the remnity of the "purge" of a beaten reaten regime results of the enquiry into the Contrarily the word "purge is incident
Cementa...
H.K, Ropes
|HE Gert, Lorns
|4% - Lonz
805 81%
10.
-(1984)
(1940)
Miscellaneous
| Dairy Farms......
$1.80 Constructions told)..
Constructions (new).......
$9,60/65.2
Entertainments
30 ots.
$16,89
$8,70//75
$85
16.60
HOTEZA
RUSSIAN CUISINE:
MORE POPULAR EVERY DAY
METROPOLE HOTEL
'TKA DANCES „Tuesdays.ne Thursdays
Saturdays Sundays
5 to 7.30 p.m.
WE OFFER HIGH PRICES for any amount of gold articles, diamonds, silver, etc. No holidays. Apply China Building, 7th floor Tel. 30727, Eurasia Gold Refining Co.
WANTED KNOWN
ORDERS TAKEN for, hand-made sweaters, Ladies Jumpers, Babies' each for outats, etc., at $5.00 workmanship
Wool and model desired, to be supplied by customer
.Seud particulars of address,” etc., to 'Box 502, HXDP.
Thic "WE" have an outstand- $1.85 ing assortment of latest American
dresses for all occasions and price. to suit all purses Call at "Vanity Shop" Lazarus) Fedder Street:
Experienced Book-keeper Wants
| Btudents to form a class. Guaran- tee students to keep a whole set of books after completion of a course of 6 months. For Terra and Par- ticulara.Please Apply to: Box" No. 482 4/0 RKDF
FOR SALE
WILLYS STRAIGHT EIGHT, In perfect running order, well, shod, Any reasonable offer entertained, Apply Box No. 605. Dally Press.
YOU
Are Invited to Inspect Our
Stock of Asiatic, Foreign and Colonial
POSTAGE STAMPS
In Sets, Single, Packets. Baga and in Approval Sheets.
GRACA & CO. Dealers in Postage Stamps Philatelic Goods, Picture Postcards, Religious Goods, Garden Beeds, de ett. No.:10 Wyndham- Street O. Box No. 620) Hongkong.
ENGRAVERS
FEI FEI & CO; Photo Engravere
18, Cochrane Street,
Telephone No. 22224.
AUCTIONEERS
GREATEST CORSI CHION B
BARGSINS ÎN HOWST
3. AMMEIST -
Jimmy's
BUTTERICK
Bipert Ladies / Tüfler.
New Style Heady Made Dre
FOR SALE.
[#17]
$7.45 Lane Crawfords..
Nanyang Tobacco....
$2.15 Sinceres
$2.30
Watsons
88.00
80%. Ch. G.5% 192503Bda.
1.K. Wing On
S'has Wing On
$14
7/82 Maramana Inv. (Lob.)
Vibro Piling
29 Maramaus lav, (HK)
Wm: Powalla
- †Bale to Shanghat