HONGKONG DAILY PRESS
Finance and Commerce
New Transportation Routes NO CHRISTMAS
Opened To Traffic
Six of the ten transportation routes planned by the National. I Chan Service Administration in the first stage of the improvement of China's wartime transportation system have been opened to trai-
HOLIDAY IN BRITAIN
file. They are the Szechwan-Kweichow, "Szechwan-Shensi, Luchow. War Workers To Have Kunming, Suichow-Kunming, Kweichow-Kwangsi, and Kansu-Sin- kfang- Unes
The Szechwan-Kwelchow line horses, and on the Huitceh-Kun- begins at Chungking and termi-ming section 1.300 coolies and 250 nates at Kweiyang, measuring 817 vehicles, kilometers, The Administration has assigned 100 boats, 640 vehicles, 450 bomen and 3,180 coolles for transportation on this line.
One Off Day Only
H
LONDON, Nov. 26
(Reuter)
FINANCE & GENERAL
IMPERIALISM OF OIL
WEDNESDAY, NOVEMBER 27, 1940. -PAGE
most spectacutist and most powerful phenomenon, in "oday is the imperialism of nik" It bas been known to
stents and has a story that is a romantic as its present. „story"is_trATÜ.
rich the.
Oll, the imperialist, as'it is known today was not discovered till about 80 years ago in America which stiil coniro's the world's richest sources of this "Ulqxia gold.”
It is the nost coveted of "ali has foiented riches today. It revolutions, unseated presidents. causer cabinets to rise and fall- kings have mysteriously died. The fight for ol is still one of the major fights today.
וי
The aim of many an adventurer,!
U.S. LABOUR WARNED
the theme of many a dream, the Nazi Thrust In The
Britain will have no Christmas story of many a crime, has been Western Hemisphere
10
owner.
-
bank holiday this year. There will none other than the accumulation
NEW ORLEANS, Nov, 26. (Reu- The Kwelchow-Kwangs! line af be no bank holiday on Christmas of riches and the attainment of eso kilometers lles between Sanho in Scotland or
Boxing Day the power and sense of security ter)-A warning that the United in southeast Kwelchow and L-in England, Wales and Northern they are believed to confer an the States must be prepared to meet cnow in central Kwangsi, Boats are Ireland. The Szechwan-Shenst line links; used on this line. Kwangyuan north Szechwan
in with Panchi în western Shens, measuring 445 kilometers. At pre- sent 280 vehicles, and 140 boats are employed.
The Luchow-Kunming line is 950 kilometers long. It is divided into
'The Kansu-Sinkang line of 1,171 klummeters is the longest. It enters Silang by way of Yumenkwan, a strategic pass on the Kansu Sinkling border.. Mule-carts,
horses and camels are the means of transportation on this line.
extra
three sections. On the Luchow- In addition, the Ming Sung In Sulyung section boats are used. Ondustrial Company, the China Mer the Buiyung-Weining section chants Steam Navigation Com- which runs over mountainous ter-
the Joint Office of pany. And rain carriers and small carts are "Kianga-Cheklang
and Klangst the enemy to Impede it, but this employed, and on the Weining: Steam Navigation are jointly res
Western a Nazi thrust in the Hemisphere before the current
armament United States
vention here yesterday.
DIO-
Union Ameri-
War workers are officially asked The chapter cu what constitut
to man from time to to take one day off only either ed riches on Christmas Day or New Year's time will he of absorbing interest gramme, is completed was uttered to any student of the history of by Sir Walter Citrine, General Day-and there will be no
riches. Years and yeari must
Secretary of the Trade travel facilities over, the holiday
have elapsed before the worry to Congress, addressing the period.
Giving guldance to industry in et food gave place to the worry can Federation of Labour CoD-
increase of regard to working arrangements to get riches. The at Christmas and New Year, the this worry has been an important
Just as the Nazis had fixed a Ministry of Labour stated that aspect of the advance of civiliza- the flow of production, for
time for the outbreak of war in tion, as we know it today." war
Europe, so they will make some ever in-
HDMAN WANTS
Western unexpected move in the Purposes is great and
Human creasing in spite of the efforts of
wants have multiplies Hemisphere." beyond the wildest dreams of our
fled, a thousand others arise Ike tween Szechwan and
The more the flow of production dragon's teeth. What were lux from the world.” Steamships are " used navigation route in the Yuan River is accelerated the earlier will be 'ures The Suichow-Kunming line of and the Chien River, which mea-the day of final victory. 760 kilometers is also divided into sures 1,400 kilometers in length. three sections. On the Sulchow- The Ministry of Communications Yentsin section 100 boats are em- has appropriated $400,000 for the ployed, on-the-Tentsin-Hultsen-improvement of" shipping facilities section 1,500 coolies and 2,000 on this line. (Central News,
that Bri-
Kunming section 1,500 vehicles and ponsible for transportation be is not the moment for any slack- forefathers. When these are satis-tain would continue the struggle
7,800 cooltes.
THREE SECTIONS
ening off
Hunan. on the
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
SHAR BROKERS' ASSOCIATION
Bayar Baller
Sales Nominal
" TUESDAY
Belleza Buyer
26 NOV.
Banks
H.K. Banki
Da. (Col. Reg.) ......
LONDON STOCK :
EXCHANGE
LONDON, Nov. 26 (Reuter)
once . are bare necessities
NOW.
Wants.
Sir Walter declared
"until dictatorship is abolished!
BLACK&WHITE
MATURITY WITH PURITY
NO TWO WAYS" ABOUT IT, IT'S THE SCOTCH,
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volumne of Business Transacted on Tresday, Nov. 26, 1940.
SALES
BRITAIN'S NEED once unnatural, have
United States workers, by speed- now become natural. Facilities ing arnis production, could "con- China"Lights for credit have created the type quer the Nazis without firing a described in these words, "Broad-shot." Eritain needed more and way is a place where people spend more planer."
ane
aend
|GIFT BOMBERTM FROM
U.S. WORKERS BURBANK, USA., Nov, 20 (Ken- ter)-Christmas present for the HAF. of a $100,000, bamber is the- alm of a movement started by 20,000 employees of the Lockheed and Vega Aircraft 1nctories.
220 $8.50
Their spokesman said that they 555 6.50 nad agreed" to build the machine 141 6.40 pm their own time." The British 500 8.50 are responsible for many of
2,415.
The total value is $9,189.90.
the money they have not eamed. Mr. William Green, President of to buy the things they do not the American Federation of La- On the Stock Exchange yesterday need, to impress the people they bour. responding, sald that lack of active support resulted do not like."
America must hurry and in dull conditions bút a. frm .... Though many of our modern Eritain all the strength that she tone was maintamed,
standards of riches were not known,
-that needed so
could win Gilt-edged holdings Improved to the ancients, they had their.
The Ministry of Food announced quickly. on expectations of re-investments own ideas. the lavishness of which
that orders have been made under requisitioned sometimes leaves one gaspins.
RESIGNATION DENIED
the Defence Regulations modify- Biominal and payinents of Canadian securities.
The most extravagant courts: WASHINGTON, NOV. 25 (Reuing the functions of the four Milk Breweries were again harder have often been the most cruel ter)-Miss France, Perkins, 8e-Marketing Boards and conferring out offer industrials and home and licentious; this is not very cretary of Labour, has not resign- on them additional powers to em rails changed little.
wrong today either. Our blindness ed, according
BO Mr. Stepten able them to carry out the Minks- to the needs of our fellowmen is a Early, the President's Secretary. try's control prices, economise The New York Times has stated | 'transport and to use milk supplies expenditure, our extravagance may Miss Perklus: resimätion has been to the best advantage of the whole help to maintain poverty as offered and accepted."" <<"privilege - of the masses
31275
£72 *280
$1275 £72
The. Lon. Reg.) ....
£91+
271
| Chartered Banks ...
£11
E23
Meresatile Bks. "A".
£251
... £10 1/16
Mercantile Hks. "O"".
£101
Bank of East Asia...... $73
$73
⠀⠀ 14,
"$4.80
$10
$161.
***
$395
$1
$11
Steamboats
$100
180
35/7
N. 0. & 8. Banks...... Insurances
#185 Canton Insurances....
Union Insurancés: Underwriters
$160. H.K. Fires..
Shipping
$135 Douglases
Indo-Chinas (Prof.)...)
Todo-Chinas (Def.!
Shell
$8.90 Waterbosta
Docks, Wharves. Godowns, etc.,
$89 H.K. & R. Wharves...
Providents....t
-$4.65 ..
$3.45
$16
H.K. Docks (Old)..... II.K. Docks (New)..... #33+Shanghai Docks........
Mining
18/3 Kailan
Bot Raube
[1] ots. Hong Kong Mines...... Lands. Hotels and Building
H.K. & 8. Hotels........
$4.00
H.K. Lands.......| $3
$100 Do. 4% Debentures....
11 Shanghai Lands......... HR Realties.....
$7.20 lumphreys ---
$100
Chinese Estates.
-Cotton Mills
-Hwa - (8.).
8165 S'hai Cottona (8.)...
Zoing Sings (8.).....
2 tha
111.
#31
#45
32
***
$125
$290
RO ot.
$150
$135
$100
$100
30/74
Business in Kaffics was quieter. Wall Street was quietly steady.
MARKET REPORT,
FROM ROŽA BROS.
Tuesday, Nov. 26. The Price for Ready Sliver was quoted at 23.1/16 and Forward at the same rate. Silver advices re- ported the market as being dull with no business done. American
¡necessary concomitant (of- lavish
War Supplies Conference
Sliver was quoted at 34.3/4 for Industrial Effort To
$8.50 Spot.
899
$485
$18
$16
L
8317
14/0
"The London-New
York cross-
rate was quoted at 402.1/2. New Tork/London was quoted at 404.
MARKET
Be Intensified
DELHI, Nov. 26 (Reuter)--The War Supplies Conference issued a statement yesterday expressing
Steady for sterling. U. 8. Dollars the hope that their report would were a shade easier.
STERLING
There were sellers at 1/8 No vember December. at 1/31/32 for
i
The market opened with sellers
Cash.
4
$3.35
U. 8. DOLLARS
$100
$3.45
$7.15
X.B. 40
$190
$125
at
country.
Working. We think that a Christ- mas gift will be a fine thing”
Another £40,000 received for the Lord Mayor of London's Air Raid Distress Fund, fram Victòria, Aus- tralia, brings that State's contribu" " tions up to £80,000. The Australian Red Cross has sent £20,000 and 5000 cases of clothing for raid victung.
The few series of stamps issued by the Nazi-controlled authorities to replace those now in circulation....... in Holland will hot bear the por trait of Queen Wilhelmina.
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.
TO LET
be a starting point for an inten-' sive. Industrial war effort of the greatest importance.
TO LET.-1st Floor, Romantin The statement points out that Street, No. 23. Please apply Com- the combined exports of the par-
pradore Department, "Mackinnon Mackenzie & Co. Phone 21881. ticipants in the conference ex- ceeds £13,000 millions,
It adds that Australia has hi-
020
at 23.11/16 for Cash, buyers bid-ready embarked on an immense TO LET.-Furnished Room, North- ding.23.3/4 Cash resulting in busi-war programme; India and South | Point near tus, tram stops. Tele--
The Africa are both following the same phone 32810. " ness at 23.11/16" for Cash. market closed 1 pm. with road while various other partlet- sellers at 23.5/9 end of January, pants are ready and willing to possibly Cash, buyers at 23.11/16 take orders for all kinds of muni-
Home Cash.
SHANGHAI DOLLARS
"The interchange of informa-
WANTED TO BUY
*827
WE PAY HIGH PRICES The market opened with sellers tion between the delegations has at. 397.1/2 Later business was revealed important facts and pro- for all gold and silver articles, 17.43 arranged at 399.1/2 and also 399. mising opportunities about which Bold bars, diamonds and jewels. Apply China Gold Refining Co. $3.70 At the close there were sellers at most of us at the opening pro- Pedder Building. 2nd floor, Ream 8.
ceedings were unaware while al- 397, buyers at 398...
ready. It has been possible, by
Wing On Textiles (9.,
Public Utilities
$18
H.K. Tramways..................... | $16.45
$7.40 Peak Trams (old)....
$3.70 Peek Trama (Dev)..
358
Star Ferries..
3221
Ymsti Ferries.......
357) $22
$58
China Lights (0)....... | $6.95
-$8.00 China Lights (Now)......
$6.70
$374, K. Electrics (Old)... $37
37;
$27.
€6.90
RO
*****
H. X. laetrics: New)
$17 Maras Electrics (Old) $164 Macao Electrics (New)|
Sandakan Lights......
11
$244 Telephones (old)...... 191 Telephones (new).....
S'pore Tractions (Ord
Industrials
L14.90 Cald., Macg." (Ord.) 8.
.01
Cald, Macg. (Pref.)5
$18.80. Cements
H.K. Ropen commi
$12
$98
$94
$94
Canton Ice
If Charges collected, $2.00,
HOTELS
RUSSIAN CUISINE
MORE POPULAR EVERY DAY
METROPOLE HOTEL
POSITION VACANT
WANTED.-European lady steno- grapher, wanted immediately. Can- didates should apply in person to the Chief Clerk, Colonial Secre tary's Office.
628
SHANGHAI MARKET
WANTED FOR CASH-One Baby- surpluses in equip- WE OFFER HIGH PRICES for Sterling opened with sellers for co-relating
of gold ∙articles, ¦ Grand Piano, must be in good con- Spot at 3.47/64. Later the market ment with existing requirements, any amount
to supply all important deficien- diamonds, silver, be. No hölldays. eased off to 3.23/32. The market closed at lunch time steadier with cies without waste of time or Apply China Building, 7th door. dition. Apply Box 632, H.K.D.P.
Tel. 0727. Eurasia Gold Refining sellers at 3.49/64 for Spot. U. g. undue call on shipping space.".
Co.
$24) Dollars opened with sellers for.
(50, ota
#161
$6.40
·HK. Gort. Lotz
4% Loan
BS*/..
(1934).
$96
ta
- 31% **
91%
(1940).
Miscellaneous
Dairy Farms......
Entertainments
$1.60 Constructions (old)..
$1
Constructions (new)..
19
Lane Crawfords........
$2.15 Binceres
Walan
36.
K. Wing O
#124. $6.00
Nanyang Tobacco... #37
Ch. G.5% 1925G JBda.
S'ha Wing UB um
Vibro. Pullag
7/8 Marsmany. Ïav, '(Low)|
9/3
Marsman Inv." (HK) Wm. Powells......... +8ste to Shanghai -
$9.05
$1.85
Spot at 5.29/32 was subsequently |the market · was a shade easter with sellers at 6.7/8 for Spot, The market closed at 1 p.m. steadier with sellers at 5.15/16, for Spot,
AFTERNOON MARKET The market was quiet in the afternoons.
STERLING
sellers at November/December, buyers at
There
were
1/3.1/32 for Cash,
'U. S. DOLLARS
1/8
There were sellers at 23.9/16 for Cash-and 23.5/8 end of December.
$180 buyers at 23.11/18 for. Cash,
SHANGHAI DOLLARS
25/
$30
$14
18
at
Some business Was done 398.1/2 The market closed with sellers at 308, buyers at 399.
SHANGHAI MARKET AN Sterling at 3.3/4 and U. 8. Dollars at 5.29/12, both sellers for Spot,
H.K. STOCK EXCHANGE
Märket was quiet.
BUYERS Docks (O), $16. Providents, $4.80. Yaumatı Ferries, $22.25. Lights (0), $5.90. Ropes $6.407
Dairy Farms, $17.50). Wii, Powells,' $1.25. Entertainments, $8.50,
·SELLERS:
HK Banks, $1276," Hotels, $8.50. Watsons, 39.35. Vibro Piling, $8.
BALES
Docks (G), $18.20. -Providents, $185, Lights (0), $8.50 KD Lights (N), 1540 XD.
WANTED KNOWN
ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Babies' dutats, etc., at $5.00 each for workmanship.
Wool and model desired, to be supplied by customer.
Send, particulars of address, etc., to Box 502. HKDP.
The.WE have an outstand- 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 Wanta Studenta to form a class. Guaran- tee students to keep a whole set of books after completion of a course ár: 1 month - Pot Term arnd Par- lars:Plase Apply to Bot
Just Received Stanley Gibbons Postage Stamp Catalogues
for
1941
Whole World
Part 1 British Empire Part II Foreign Countries Simplified.
GRACA & CO. Dealers in Postage Stamps Flowers and Vegetable Beeds Picture Books. No. 10 Wyndham Street Established 1896.
Hongkong
·TEA DANCES Tuesdays
Thursday
Saturdays
Sundays
5 to 730 p.m.
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Strect. Telephone No. 22224,
AUCTIONEERS
GREATEST COLLICHON OF BARGAINS IN TOWN:
LAMMERTS AUCHON ROOM Lastanet Broaden
To leparsal. A ML2).
Jimmy's
BUTTERICK
Expert Ladies Tailor. New Blyle Ready Mada Dresses FOR SALE.
16, Wyndham Street, Tel: 23615
TAILOR
LAM SHIU SHEK
-134, Nathan Eb64, Kowloon, Tel 17712. Guaranteed delivery 1 sultTM In 24 hours notice and 6 hours for a pale of theusers,