HONGKONG DAILY PRESS

Finance and Commerce

FOOD SITUATION | NATIONAL MILK

IN BRITAIN"

SOUND

Abortive Efforts Of

'Nazi Blockade

LONDON, Dec. 27 (Reuter】

SCHEME

One Pint Allowance quiet.

For Mothers

an

LONDON, Dec. 27 (British Wire- less)The Ministry of Food nounces that Despite all the efforts of the Ger-1941, the maximum prices to

during January, man counter-blockade, the Minischarged for milk sold by retail try of Food still has sufficient wh continue to be a penny per stocks of all essential foodstuffs, and even if the British people int more than the price charged corresponding date in

have to accept shorter supplies, 1939.

at

the

H.K. STOCK

EXCHANGE

Although the undertone".was steady the market was generally

BUSINESS DÓNE DURING THE WEEK. HK. Gort 4% Loan, 97.50.' HK. Govt. 34% Loan (1934), P4." HK. Bank, $1970, $1380.

De

Canton Ins., $200.

Docks (0), $18.55, 318.60

Providents, $5.65, 35.70, $5.75.

Under the national milk scheme.

*-

there is no fear of their being forced on to "Iron" rationa

Even if the present buttera dally allowance of ane pit will ration is cut, the British people continue to be avaliable to will still be getting a larger allow bectant and nursing mothers and ance than the inhabitants of the chidren under five years at the

reduced price of enemy countries and the

two pence per

tories they have over-run.

pint or entirely free according to Food experts regard the position

circumstances.

of fats as a very important

terri-

Obe

for a country's staying power and that the station is

they say

■ Britain is very good indced.

at-

SUCCESSFUL HARVEST, The sugar-beet crop

this tumn has been a very successful one and the Ministry of Food has ample sugar stocks, both home- produced and from overseas.

Tea supplies are

expected to

• last for many months to come.

There is some suggestion that the meat ration may be reduced in the 'year

from 1s. 10d. Worth

per head per week to 1s. 6d. worth. The Ministry has found that only about 90 to 95 per cent of the present ramon is used.

Children of school age may obtain one-third of a pint dally at the cost of half penny under the milk in schools scheme.

SILVER MARKET LONDON SILVER

London, Dec, 26 (Reuter). Silver-Market idle and feature-

less.

Spot, 23-1/44.

Forward, 23-3/164.

BOMBAY SILVER

Docks (N), $18.

Hotels, 13.85.

Realties, $3,85,

Tramways. $17.30.

FINANCE & GENERAL

WEEKLY RETURNS AND REPORTS

BANK OF ENGLAND

SATURDAY, DECEMBER 28, 1940. -PAGE 9

London, Dec. 26. Reuters.

Public Deporta

Other Deposits:—"

Bankers

Other Accounts Total

Dee." 18.

Dec. 26

(000's. Omitted)

12,010

12,523:

128,370

135,740

53,550

51,210

181,830

186,850

Government Securities

169,130

178,530

Other Securities:-

Discounts and Advances

3,810

4.010

Becurities

20.830

20,550

Total

24640

24,560

Notes and Cotna

$18,040

14.240

Total Bulliam

1,310

1150

Notes in circulation

613,180

616,900

Ratio of Reserve," to Liabilities

·9.30

7.14%

1087-

Price of Gold at which heldings are valand .. 160/-

SUFFICIENT

FOOD SUPPLY IN

China Lights (0), C. Rts, $7.50. SOUTH KWANGSI

China Lights (0) C. Rts. X.D. $7,

Electrics (O), $40.10, $40. Electrics (N), $39,75. Telephones (0), $26. Telephones (N), $10.20 Cements, $18.30, $18,50 -- Watsons, 310.60 $10.70, 210.50.

BUYERS

Bank of East Asia. $74. Canton ms, $200. Union Ina.. $400. HK. Fire Ins., $157,50. Hotels, 13:50.

Lands, $33.60.

Trams. 317.70.

Star Ferries, $81.

Yaumati Ferries, $24.

Ropes, $7.05.

Watsons, $10.50.

Entertainments, $7.

Construction (0), $1.60.

SELLERS

Bombay, Dec. 28 (Reuter).

Indian Mint Silver

Ready

12-02

Provdents, $5.78.

62-01

Hotels, $3.05.

62-01

Trams. $18.

Watsons; $10.70. Vibro Piling, $7.70.

SALES

Dec. 27 Settlement Jan, 22 Bettlement

HONGKONG SHARE "QUOTATIONS

STOCK EXCHANGE,

Buyers Sellers

$74

$900 $400

$157)

14

834

$3.70

$32.60

H

,

$17.70

H

SHAREBROKERS' · ASSOCIATION

Samtasi Bales

FRIDAY

27 DEC.

Banks

$1380, H.K. Banka £81 Da. (Col. Beg.)....

£76

Do. (Lon. Reg.).... Chartered Banki

£261 Mercantile Bks. “A” £104 Mercantile Eks. "O"

Bank of East Aria....

N. C. & B. Banks..... Insurances

Centos saurances...

Union Insurances..................

Underwriter ***.***..

YAK

BURY Bellors

FAT

Canton Ins, $210. Docks (0), $18.50. Electrics (N), $39,75; Ropes $7.15.

Bolnai

· Watsons, $10.60. ---

$1370

281

HONGKONG

SHAREBROKERS'

£81

£267

*£10

ASSOCIATION

Officials Detained On Speculation Charges

NANNING, Dec 27 (Central).

INFLATION SPECTRE IN JAPAN

TOKYO, Dec. 27 (Reuter) Officials of the Bank of Japan moved to check the continued in- Mationary trend when that insti tution opened yesterday morning. in view of the good harvest this

The total note issue, which is a year in south Kwangsi talere is no new high record, reached Y4,405,- fear of a shortage of food in the 000,009 on Dec. 24. In the mean- recovered" "districts for the dimetime loans outstanding had reach- being, declared spokesman ofed Y585,000,000.

the Kwangst Food Control Bureau This demand for loans. is attri in an interview with the Central [buted to the need for funds to pay Now

dividends and also the lag in government payments......

Food prices in Nanning upon its recapture from the Japanese, were very low. The return of large numbers of inhabitants has caused a alight rise.

in

Unrivalled Age and

Quality

in

BLACK

WHITE

NO TWO WAYS ABOUT IT, IT'S THE SCOTCH.

Chungking Moves To Check Rising Prices

A report of the Ontario Depart ment of Agriculture shows. 70 publications offered free to mu tario farmers at the present time. These issues are classitied ́aa- CHUNGKING, Dec. 28 (Reuter) Bulletins, Cirentars and Specials, -It is learned here that the Mints. They cover a great variety of Gross value of production of try of Finance is planning to levy of the Bulletins, five deal with farming subjects and problems. $1,712,486,421 is reported for 1938 tax duties based on the market

As a precaution against shortage compilation from

by Ontario's, factories, A recent price of commodities instead of on fruit, 20with general farming.

the m the future, the Kwang Pro-federal Census of Industries re- forced.

annual delivered goods as hitherto en ten with live stock, six with pol

try, five with vegetables and onë vincial Government has instructed

port shows that 9,883 establish-

with bees. the different magistracies

ments made up the manufacturing Government is also planning "to south Kwangxi to store up quanti-

Industry of the province. They enforce a monopoly on the sale ties of rice.

employed during 1938 311,274 per and distribution of certain com-

quantities in pounds of

· S'HAI`RICE PRICES

sons who received $362,351.277 inmodities detalls of which, however, fruits and vegetables packed t79

the province of Quebec in *1939) CHUNGKING, Dec. 2 (Central salaries and wages. Net value or have not yet been announced. --At an emergency meeting yes.production is shown as $757,620,- It is hoped that these measures by 1,368 holders of permits for: terday the Rice Price Fixation 832, le gross value less cost of will check the continued rise in domestic canning are reported by:

fuel and Committee of the International materials,

electricity the prices of commodities and the Department of Municipals e

foodstuffs.

Affairs, -Trade and Commerce

Settlement and the French Can used?

vegston In Shanghai fixed, the

prices of nine grades of imported rice which are effective today.

Volume of Business Transacted)+ Rice dealers who are'found' to

on Friday, Dec. 27, 1840.

500****$6.85

#74

19 st.

SALES

+4

***

3200 China Lights XD. .8400

200. 7.00

80 ct.

$1

Y

B.K. Fires..mange a Shipping

+

$135 Douglaser que

$11 Steamboata

$100 Indo-Chines [Pref.)..

$90 Indo-Chinas (Def.)...

40/0

Shells

$5.70/...

..::

⠀⠀ ⠀

$188 K. Docks (0)

A.S. WatsonS

$135 HK. Lands

$81.

$100

$100 40/0

$7

Waterboats

Wharves.

downs, etc.

HK. &

& K. Wharves.

Providents.

$1.70

$18,60

$16

H.K. Docks (New)....

#18

138

$37

Minlog

10/3

16/3

$18.60 HK... Docks (Old)....

+Shanghai Daeka..

Kailans

Raubi

1 ctr Hong Kong Mines.....

Lands Hotels and Buildings

H.K. & & Hotels.....

H.K. Landa..............

$100 Do. 4% Debentures...

12.30 Shanghai Lazda...... $3.80 H.K. Realties. 17,80 mphreys ------ $100 Chinete Estate......

Cotton Mills

$442 Ewo (8.)

$180 S'hai Cottons (8.)...

Zoong Sings (8.)....... Wing On Textiles (8.)

Pabile. Utilities

ILL Tramwky's............

$7.40 Peak Tratha (old)...

$3

$81

$24.

$8.00 C. Rts.

$7:05

$10.90

11.00

$24

T

Peak Trams (new)..

Star Ferries Y'ati Ferries. China Lights (0)...... China Lights (New).. H. K. Teatrics (Olus...

#39. ·!

$17

$10

1 pctric New)...

Macao Electrics (Old) Hacao Electrics (New) 311.30 Sandakan Light......

Telephones (eld).....

$24

$10.20 Telephones (new).... S'pore Tractions (Ord,

Industrials

$14.00 Cald, Macg. (Ord.) B.

1

Cald, Macg. Prof.)B

..

::

$3.60

$100

200 18.50

100

12

1,012

The total value is $10,031.00.

LONDON GOLD

sel at highei, prices" will De punished.

OFFICIAL ARRESTED CHENCHIU, Dec 27 (Central)- 10.60 another Chinese official has beeti 33.00 arrested for food, speculation. He is Klang Tung, magistrate of An- insten, Szechwan. He is being es-- |corted to Chengtu for trini.

London, Dec. 26 (Reuter).- Bar Gold, Fine per oz. 168/-".

Fu Tze-ying. sectional chilef 1 the Anhsien district government, who is said to be an "acemmplies is detained

Flow Of Men, Munitions To Far East. New C.-In-C.

Interviewed

SINGAPORE, Dec. 5-Air Chief Marshal Sir Brooke-Fopham,' in..

an. interview with the Singapore Free Press, today, retterated Bri- $3.96 tish Prime Minister Winston Churchill's declaration that there will #7] be a steady flow of men and munitions into Far East areas now

placed under his sole' command,

The new Commander-in-chief.

$451

of all British forces in the Far

$165

3125

East declared that no effort would Price Stabilisation

be spared to provide the maximum defence of British countries in this $17.80 section of the world. He said that

$7.40 Charchil! had told him. "we will 131 hold Singapore no matter what

happens."

781

#243

****

XD. $3.85

$40

***

31 Canton Ice................ ..... 78 ota.

$18 Cerments

K. Ropes anzia H.K. Gori. Loans

$9744% Loan

91%

(1984)..

(1940).

$94 34%

Miscellaneous Dairy Farma............. Entertainments

Constructions (old)...

Constructions (agw)...

LabeTM Crawforda

TOUR OF DEFENCES

The

PRE-PAID ADVERTISEMENTS.

The following plasser of advertisements are charged at the price given below.1mm 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 THREB INSERTIONS.

LOST

LOSTA Diamond Bracelet on 19th Dec. between Dina House, Government House and Race Course' Paddock. Substantial Re- ward. If returned to STOCK. EX- CHANGE BUILDING 1st Floor," Room 15.

WANTED TO BUY

681

gold and silver articles. Jade, WE PAY HIGH PRICES for all diamonds, jewels, watches, foun- tain pens. Apply Far East Dia- mond and Gold · Refining “Co. Room 621, China Building, 6th- door.

WE PAY HIGH "PRICES

In Chungking for all gold and silver articles.

Food and commodity prices in Chungking are gradually reaching stabilisation as a result of the en- forcement of stern control mes-

Turės.

Bir Brooke-Popham haz Just

With a view to further tighten- completed his tour of defences ta ing the prices control, the Execu-

gold bars, diamonds and jewels Apply China Gold Refining Co. Pedder Building, 2nd noor, Room 6.

If Charges collected, $2.00.

HOTELS

·FOR JADED APPEITTES!

REAL RUSSIAN FOOD

Tiffin $1.00 •]Dinner $1.25- METROPOLE HOTEL

ENGRAVERS

FEI FEI & CO. Photo Engravers

18. Cochrane Street, Telephone No, 22224,

AUCTIONEERS

GJO, VEIST CHILD EIGN OF BARGAINS IN TOWN!

LAMMERT S ALCETON ROUM

WE OFFER HIGH PRICES for Labanoro Broth re diamonds, river, etc. No holidays. any amount of gold articles, Apply China Building, 7th 1007

1331 Malaya and plans to visit Hontive Yuan has instructed ali or- 30721. Eurasia Gold Refining

kong, Australia and New Zealand

#251

$10

shortly.

gans concerned, the gendarmerie Co. He said he anticipated Britain and the police to rigorously sup would continually increase her The Yuan has also decided to

press hoarding strength in the Far East and

appropriate $50,000,000 for the anticipated there would soon be a purchase of surplus rice from larger army and air force.

WANTED, KNOWN

Why not "learn all the Fancy various provinces to replenish the latest Stitches for your dresses Bir Brooke-Popham emphasized supply in Szechwan and another and Sweaters. that there would be added unity $20,000,000 10%, daily necessaries. $10 of command among

JOIN THE KNITTING CLASS Burina. There will be re-sold in Szechwan AT $3.60 per month (Twice a week Malaya and Hongkong which was at

reduced made necessary by modern air News)

prices. (Central lesson). Please apply to Box No. strategy.

654 c/o HKDP.:

17.10

98

Nanyang Tobacco... $3

- 39-

$2,10

$10.70

Watsons

Sinceres

Ch. G.5% 1920FEds.

*an 1.K. Wing On

Vibro Piling

$19

A

LONDON INSTRUCTIONS.

Referring to his instructions A survey of wage-carners 1 ORDER: TAKEN for hand-made from London to communicate Woodstock undertaken by Mr. Ed. sweaters, Ladies' jumpers, Bables' directly with Eritish representa ward Ferguson of the Collegiate outfits, etc., at 35.00 each for $1.85 |tives in countries either in or Institute, shows Industry still in workmanship.

concerned with the Far East, the top place with commerce in second. Wool and model desired, to be new commander declared that he Of the total of 6.157 employed supplied by customer.

Beud, particulars of address, etc., 2.90 could contact British "Ambassador Industry absorbs 2271 persons and #10 Lord Lothian: at Washington direct commerce 1.471. Public services to Box 602, HRDF. 26% if he thought this would be useful enraged 768, of whom 372 ¦ were

*7*

$39

B'haf Wing Un

#14

17.70

7/6 Marsmans" "Inv." (Lon." 9/6

METRO Zary. (H.K

$1.00 Wm. Powalls...

Bale to Shanghai

| but said that "hitherto there had wonen. In the building trades Experienced Book-keeper - Wants been no occasion for much confact only 11 out of 162 were women. Students to form a class. Guaran....

It was presumed he referred to in professional serviced 34° men | tee students to keep a whole set of possible United States us of the and 38 women were enrolled. Me: books after completion of a course $1.90 Singapore, base and Joint British- Fergusciolino 253 auferent occu- of 6 months. For Term and Par- American action in the Far Eastcations In Woodstock" in the 800 ticulara z Please Apply to Bw against Japan.

concerne covered by his survey: No 482 4/6 HKDPV

Jimmy's

BUTTERICK

Expert Ladies Taffor

New Style Ready Made Dresses,

- Overcoats and Costumes

FOR SALE. 16, Wyndham Street,

Tel. 23815

TAILOR LAM SHIU SHEK .333, Nathan Bond, Howloon, Tel, STILL Guaranteed delivery 1 suit

in 24 hours notice and 6-hours for a pair of trousers,

TEA DANCE

DAILY

EXCEPT MONDAYS'

5 to 7.79 PM..

Help your Friend and

his Hobby by giving

POSTAGE STAMPS

his collection and

SEEDS FOR HIS GARDEN

We can supply the goods of bis and your want

GRACA & CO. Dealers in Postage Stamps, Garden Beeds, etc., etc. 10, Wyndham Street Established 1896

Hongkong

DONT FORGET

THAT WHEN

You are at Home

you can get the

HONG KONG DAILY PRESS at SELFRIDGES.

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