HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE.
Bayer Ballers
SHAR BROKERS ASSOCIATION
امدا 10am .
LA
1957.
Sales
Nominal
FRIDAY
Buyer Fatura
13 DEC.
Banks
#1360
$1385
H.K. Bank...
$1365
01348
***
ERI
Do. Col. Reg.)
£81
£78
Do. (Lon. Reg.) ...|
£78
£8
Chartered Banki
£96
Mercantile Hka.““A”.
£10
Mercantile Bks, "C",
Bank of East Asia.....
$74
$185
Canton InsurMŃCOS................
$380
Union Insurancto.........
$1
$150
H.K. Firepla
Shipping
$99
******
$3.40 $0.60 $5
#331
#11
N. C. & 9. Bank...... Insurances
Underwriters commone
$74
13 ct.
⠀⠀
1
#3021
$135 Douglas
$11
Steamboats
$100 indo/Chinas (Pref.
#80
36/3
Indo-China (Det.)
Ebells
· Waterbosta ....................
Docks, Wharves,
H.K. & K. Wharva... $99
$5.45 95,55 | #51
$7
Godowns, etc.
Providents...
$18
FLA. Docks (Old).....
***
$17
H.K. Docks (New)....
$30
18/2
宙
$3.95
+Bhanghai Docks......
Kailans
Raube
Mining
1 ots Hong Kong Mine.....
$100
Lands, Hotels and Buildings
H.K. & 9. Hotels.................
H.K. Landa inge Do. 4% Debentures...
#11 Shanghai Landı........ II.K. Realties..
Humphreys
$100 Chinese Bataform
Cotton Mills..
Ewo '(8)
Wing On Textiles (8)
$1.40 Peak Trams (old)....
ር፧
£101
$185
•
80 ct. $180
$135
$100 $100
16/3
$7
318/17.80 $17.
$30
16/3
$3.60
I.R
FINANCE & GENERAL
Finance and Commerce
ECONOMIC
STRENGTH
OF TURKEY
POSITION SUPERIOR "TO THAT OF 1914
ANKARA Dec. 13 (Reuter) —
INOTE ISSUE OF
OF BANK
OF JAPAN
AMERICAN
DIET TO CONSIDER ||FINANCIAL AID
REVISION OF
TOKYO,
SYSTEM
TO BRITAIN
Dec 13 (Reuter)—^|PROMINENT BANKER
BACKS MOVEMENT
The econome strength of Turkey legislation will be introduced by has assumed such magnitude that the Ministry of Finance at the It may well influence. the final next session of the Japanese Diet joutcome of the world's struggle," for revising the note issue system 50 declared the Turkish Prime of the Bank of Japan, it was Minister, Dr. Saydam, speaking at learned today.
NEW YORK, Dec 13 (Reuter)- The movement in favour of grant- ing financial aid to Britain is re- celving powerful and unexpected frum Mr. Winthrop
the anniversary of the National The main object-ia to establish support. Economy Week according to the a maximum issue amount which Aldrich, one of America's leading can be fixed by the Finance Ankara radio.
Dr. Saydam pointed out that Minister on a year to year basis as: the struggle between the nations done by the Bank of. France from had changed from a military act 1870 to 1928. .- of fighting pure and simple, to
a war waged on economic staying | power.
the
bankers
Besides being Chairman of the Chase National Bank. Mr. Aldrich is a well-known lawyer.
Speaking at the Boston Cham-
The present. reserves of Bank of Japan are th two cate ber of Commerce Meeting he gories, those of gold and silver urged that funds be made avail
"Our position is far superior to specle and securities, but under able "promptly and generously? Не that of 1914 both in industry and the revised system the general re- before Britain's financial sands
dangerously low. rua agriculture and our financial post-serve would be established to in- had tion is strong. We continue to clude gold and silver coins, bul- added that such funds could be. a Federal place our confidence in the eco-lion, Government securities and furnished either by
guarantee of British credit, a loan $100nomic power of our country," he commercial, bilis.
CHRONIC EXCÈSS' ISSUE from the United States Treasury, concluded.
The conversion system will, or by an' outright grant m aid. however, te retained, The propos Me, Aldrich denied that the ed revision was made necessary Johnson Neutrality Acts-prevent- by the chronic excess issue from led such action, declaring that
$3,80
$8
$185
War-Time
Economic Conditions the Bank of Japan and a pre- neither of them "prohibits cur Under orders of the National ilminary agreement has already Covernment from giving financial $195 Government Dr. Ma Yin-chi, an been reached between the Minis-aid to Great Britain.""
Recalling that both the Ameri- eminent Chinese economist and try of Finance and the Bank of
Japan authorities. --
Ican Political Parties nad decided member of the Legislative Yuan,
As far as can be ascertained, no in favour of extending ald," Mr.
$7.40 has left Chungking to investigate decision ba's apparently been Aldrich said, "If
..
B7
$165
bat Collans (8.)..
Zoong Sings (8.).................
Pubile Utilities
H.K. Tramway.......$17.40
#3}
Peak Tram (new)...
£31
Star Ferriz......
$591
$24)
'mati Farris... $24
$7.30 C.D.
Chias Lights (0)
$7.30 $7
$7.10 C.D.
China
ST
2401
$301
$171
$11.20
Bast
$10.20
140
$18.80
$7
$1.60
$12
#
#18.10
!!!
#
$109
(Now).. Lights
H.K. Fleetrics (O)... $40 H. K. Hletics. New)... $30
Macao Electrica (Old)
$18Macao Electrics (Naw),
Sandakan Lights...... Telephours old)...... Telephone (neir)..... S'pore Traction (Ord.) Industrials
$14.90 Cal., Macg (Ord.) 8.
306
Cald., Macg. Pref.18
Canton Ice....
Cements
HK. Ropes
HK Govt Loans
14% Loan
804 31%
$94 33%
(1994)..
(1940)...
MiscellaneoMA
Dairy Farms......
Constructions (old)... $1.60
Tobacco..
........ $3}
Entertainmesin
$1
Construction (new).....
Lane Crawfords........
Nanyang
$2.15 sinceres
35% Ch. G.6 19350$Bdı.
$38
$7.70
1.K. Wing On
S'hai Wing Un
Vibro Piling********
7/8 Meremans for. (Los)
Marsmens Lav. (H.Kj
+Bale to Shanghai.
WEEKLY
2/6
$1
Wm. Powells...
#251 $10
war areas.
SATURDAY,
DECEMBER 14, 1940. -PAGE 9
CHRISTMAS
AND
NEW YEAR HAMPERS
NO. 1 HAMPER
1 quart Lanson Dry Champagne
Gordon's. Dry Gin
1.
Black & White Whisky
NO. 2 HAMPER
quurt. Lansou Day "ChanguG Black & White Whisky Gordon's Dy G's
Hunt's Manzanilla Sherry
NO. 3 HAMPER®
1 quart Lanson Dry Champagne
1
.n
Black & White Whisky
Gordon's Dry Gin
Hunt's Vino de Pasto Sherry
Sandeman's One Star Port
J pint Gordon's Creme de Menthe
-$20.00
-$25.00
-$35.00
Special Ham ers ma e to suit Customers requirements.
DODWELL & CO.,
WINE DEPARTMENT
Queen's Building."
means that Repatriation Of Nazis the economic conditions in the made as to whether similar re- means anything. It means
visions are to be made in the note our full industrial and financial In Baltic States After his investigation, Dr. Ma issue system of the Bank of strength shall be thrown into the will render a report with recomChosen and the Bank of Talwan scales on the side of England,” mendations for the improvement or whether the notes of the Bank
of the people's livelihood at warfot Japan will replace notes of the ¦ time.-Central News).
HLK. STOCK EXCHANGE
The market remains quietly steady at the close of a week's trading on a more generous scale that for sometime. past. Prices have advanced, and have been well maintained.
issue banks in Korea `and two Formosa,
BRITISH LOAN TO CHINA
LONDON STOCK
LTD.
Telephone 20636.
E
FRENCH EMBASSY REMOVAL
„CHUNOKING, Dec. 13 (Central) (Reuter) -- LONDON, Dec. 13
-The French Embassy yesterday. be..
announced the removal of its offi Negotiations are proceeding
technical the remaining Administrative. of tween Germany and Russia for the ces in Shanghai to Chungking. repatriation Germans 123 the Baltic States affairs of the Embassy in North da China," However, will continue to
and
EXCHANGE. LONDON. Dec. (Reuter-jaccording to Stockholm
of Sidi Barrani patch to the Free French Agency be handled by its representatives The
capture
in Peiping. The French Consulate created a good sentiment in the here.
thousand Germans in in Chungking will remain at No. 6 but Fifty Fxchange yesterday Rtoex apart from a few instances bng Lithuania and 10,000 in Estonia Consular Lane.
and Latvia were unable to return ness was small.
ine to Germän last year, the despatch * Kaffirs
abd especially SOONG TO CONDUCT priced issues were popular adds.
"NEGOTIATIONS
30 cts.
$18 $18.10
#7
98"},
106
$19
HK. Banks, $1315, 132, $1340, Minister,
$1350,'$1360, $1365,
::.
BUSINESS, DONE DURING
THE WEEK.
Union Ins., $395,
Docks (0), $171, $173. $18, 317.95,
315;
Providents $5.45. $5). $5.55, 931
Humphreys, $73.
$2.20
$10.55) Brok
Hotels, $31...
-35°
Realties, 34, $3.40,
814
$8
$1.00
RETURNS AND REPORTS
·BANK OF ENGLAND
LONDON, Dec. 12 (Renter),
Pubile Deposita
Other Deposita:
Baxters
Other Accounts Total.
Dec. 5
Dec. 12 (000's Omitted)
Tramways, $17.20. $174.
$17.45. $17.55,- $174.
CHUNGKING, Dee, 13 Reuter -Mr. T. V. Soong. former Finance
among local operators. Dix were
again in the limelight, and Anglo-BURMA HIGHWAY
Iranians advanced
Over
thren
PRINCE BERNHARD FUND
(Reuter) LONDON, Dec. 13 The Prince Bernhard Fund has ПОТР KUNMING, Dec. 13 (Renter-raised the money for two shillings to 40 shillings, is expected in well-
Tndustrials were generally Ten Japanese bombers attacked combers for the Royal Nether- informed quarters here to VISE
Budai plantations, how-the Burma highway at Mekong lands Navy. This fund now totals £745,000* has London shortly in order to Tổng
thorities report that no, damage been given to the Ministry of All
raft Production. duct negotiations for the new ever, were in demand and shares early yesterday. The Chinese 810,000 of which credits to China which the British improved from 23s Hi. to 254
was caused to the bridge. Wall Street was firm Government announced that it is willing to extend.
The sum
quarters state that Mr. Soong Is at present negotiat 317.40.ng with the United States pre- sumably in connexion with the United States' credits to China.
China Lights. (O), $7.30, $135. China Lights (N), $7.10.
Electrics (0), $36, $40. Telephones (N). $10.10. Cements, $18. $186. $135, $18,10, Ropes, $7.
Dairy Farms, 319.
Watsons, 510.30, $10.650, $10).
$10 55, $10.80, $10).
BUYERS
HR. Banks, $1360.
Bank of East Asiä. $74. Wharves, $92.
Docks (0), $17.75.
Electrics (0), $40.
Electrics (N), $32.50.
£
21,950
18,430
Providents, $5.40.
105,790
115,900
Lands, $33.30,
£1.510
51,200
Trams, $17.50
157,400
167,190
Star Ferries, · $59,50.
Government Securities
139.830
149,830
Other Securities:--
Discounts and Advances
3,360
3.920
Becurities
20,650
20,820
Total
24,310
24,740
Notes and Coins
33,024
26,880
· Total, Bullio
1,290
1,420
Notes in circulation
£$8.250
Ratio of Reserve to Liabilities
18.49% 168/-
604,540 .,14.66% 168/-
SYSTEM
Price of Gold at which holdings are valued
FEDERAL RESERVE
NEW YORK, Dec 12 (Reater).
Bills Bought V
U.S. Becurities held
"Federal Reserve Ratio
Dec 7 (1939) 'Dec. 5
Federal Reserve Credit Outstanding. 2,588.000
Monetary Gold Stocks
Industrial. AdVENDES
(000's omitted)12
2,512,000 86.71%
2.193,000 50.87% 2,260,000 17,408,000 21,827,000 11,387,000 7,569,900
2,184,000 00.98% 2,241,000 21,858.000 7,482,000
Cements. $17.73. Watsons, $10.25, ́ ́ Entertainments, $7. Constructions (0), $1.69.
SELLERS
Hotels. $3.65. Realties; $3.95. Electrics (0); $40.50. Vibro Fling. $1.76. SALES HK. Banks, $1945. Providents, $5.50. Hotels, $3.65/80.
Lights (0), C.D., $7.30. Lights (N), C.D. $7,05. Electrics (0), $40.25. Cements, $18.10/18
SILVER MARKET
LONDON SILVER · London, Dec 12 (Reuter).
BROKERS' LOANS,SHEEP FARMERS TO Business small. In
New York, Dec, 12 (Reuter). Loans on. securities to brokers in New York:-
Wk.-ended Wk-ended Wk-ended |
5/12/4012/12/40 7/12/39
GET SUBSIDY
· LONDON, Dec. 13 (Reuter)— Hill sheep farmers in the UK are to receive a special subsidy to
$507,000,000 $320,000,000 $330,000,000 supplement this year's returns, it
LONDON GOLD
London, Dec 12 (Reuter), Bar Gold, Fine per os, 188/-
la announced in the House of Commons by Mr. Brown, Minister for the Interior for 1
The subsidy, based on breeding stocks, is to be 2, 6d. in respect let each breeding jewe
Bliver--Market quietly steady. the very afternoon, the "market was quiet but steady.
Spot, 22-7/8d Forward, 22-13/15d
The British Ambassador, Sur Archibald Clark Kerr, is expected to remain in Chungking while the London negotiations ure in prn
stresa.
SINO-SOVIET
TEA AGREEMENT
commercial
re-
steady,
PRE-PAID ADVERTISEMENTS.
The following classes of ödvertisements are charged at the price given below 2--- SITUATIONS VACANT. HOUSES AND APARTMENTS WANTED.
BOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.
Announcements not exceeding 25 Words are interted under this heading at a Fre-paid
If Charger collected, $2.00.
Bate of 81.50 for THREE INSERTIONS.
WANTED TO BUY
WE PAY HIGH PRICES for all gold and silver articles. The Soviet presentative to China has signed gold bars, diamonds and jewels. Apply China Gold Refining Co. a new agreement with the China Pedder Building, 2nd floor, Room 6. National Tea Corporation whereby
China wij export $100,000,000 WE OFFER" HIGH PRICES for worth of tes bricks to Soviet y amount of gold articles. Russia in the coming year, accord- diamonds, silver, etc. No bolidays. ing to a Chungking report pub-"! Apply China Building, 7th floor. lished in the Hongkong Takung- Tás 30777. Eurasia Gold Refining
Co. WRDDAO
WANTED KNOWN
Since the signing of the barter, agreement between China and the Soviet Russia in 1938, Soviet Rus- sta has become the principal buy-`ị er of China's tea. In 1938 ap- Why not learn all the Fancy proximately 56.4 per cent of the latest Bitches for your dresses tea Imported Into Soviet Russia and Sweaters.
was from China, while in 1939. R JOIN THE KNITTING CLABS ¡total of £31,067,258 worth of Chi- AT $3.00 per month (Twice a week nese tea was shipped to Soviet lesson). Please apply to Box No.. Russia by way of Hongkong and 554 c/o HK.D.P. Vladivostok.
FOR JADED AFFETITES!.
HOTELS
-REAL RUSSIAN FOOD
Tiffin $1.00 * Dinner $1.25
METROPOLE HOTEL
TAILOR
LAM SHIU SHEK 334, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery 1 sult in 24 hours notice and 6 hours for a pair of trousers.
Help your Friend and his Hobby by giving
Meanwhile, it is learned that | ORDERS TAKEN for hand-made negotiations are going on between sweaters, Ladies Jumpers, Bables POSTAGE STAMPS the Chinese and British authoriontats, etc. at $5.00 each for tles for the shipment of Chinese workmanship. tea to England and Africa on a barter basis, -· ̈ ̈'
HONGKONG
SHAREBROKERS
Wool and model desired, to be suppiled by customer.
- "Send particulars of address, etc. to Bax-502, KKDP.
This "WE" have an outstand- ASSOCIATION ing assortment of latest American dresses for all occasions and price Volume of Business Transacted."
to suit all purses Call at Vanity on Friday, Dec. 13, -1840.
Shop" (Lazarus) Pedder Strect SALES
BOMBAT SILVER "A
HK. Hanka Bombay, Dec. 12 (Reuter). Marketulet, but steady. Off-Cements
take 50 bars.
Indian Mint Silver Ready, tastele Dec. 27 Settlement Jan.
Bettlement
$35/$2,365.00
Experienced Book-keeper Wants 18.20 Students to form a clasa. Guaran- 7:30 tee students to keep a whole set of 7.05 books after completion of a course 3,50 of months. For Term and Par
ticulars. Please Apply to Box No, 463 4/0 HKD.P.
100
China Lights (0)
500
China Lights (N)
60-12
HK Hötels Al
: 500 600
60-10
66-50
The total value is $58,520,00.-
for
hia collection
and!
SEEDS FOR
HIS
GARDEN
We can supply the goods of his and your want
GRACA & CO. Dealers in Postage Stamps, Garden Beeds, etc., etc. 10, Wyndham Street Established 1898-
Hongkong
TEA DANCE DAILY
ЕЖСЕРТ MONDAYS
5 to 138 PM.
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street. Telephone No. 24.
AUCTIONESZES,
GRLATEST COLLECTION OF BARGAINS IN TOWN!
LAMMERTS AUCTION ROOM
R24 C Telepon, MNO MEIN
Jimmy's
BUTTERICK
Expert Ladles Tailor
New Style Ready Made Dresser, Overcoats and Costumes
FOR SALE.
16, Wyndham Str
Tali 23815