HONGKONG DAILY PRESS
R. N. ACTION AGAINST BISMARCK
Continued from Fage 4
The Rodney opened out to port piercing shells that any ship has a little more saying: "Enemy in ever faced.
sight."
"But there was no escape for There Wisa sudden shift of the Bismarck. Smokes shot up winxi and squall of rain. Admir- but it quickly flew away.. An ex-} al Tovey saw it first
orders to alter course.
FINANCE & GENERAL
Finance and Commerce
CHINESE GOVT. Coal Exports
+
and gave traurdinary sight met my eyes." From Wales
ACTION OF DORSETSHIRE
With a cracking roar the Roc.. The accurate, rapid and devas. ney opened fire with her 16-in. tating fire
from 篩 ship muen
of
Are Held Up
LONDON, June 8 (Reuter)
MANDATE
H.K. Stock Exchange
A better demand is apparent for
priced issues and
Appointment Of O.K. the smaller
Yui As Vice-Minister quotations having found negoti
Of Finance
Kruis and ac instant later the smaller than herself prepared the King George V let fly with her way to the final torpedo attack 1-in. The Bismarck fired all the on the Bismarck,
Coal exports from Wales have four guns from the two forward Describing the action
been restricted. Since the the
begin- turrets.
number of cruiser. Dorsetshire. her Second ning of this week, a
"CHUNGKING, June 6 (Central) SUSPENDED ANIMATION
Gunnery Officer said: "We opened cargoes have been stopped and -A mandate issued by the Na- ships which arrived to take suptional Government. yesterday an~ 9.05 a.m. "The Germans have the reputa-fire at rong range at
be-nounced the appointment of Mr. tion for hitting with early salvoes, and kept up a ceaseless pounding, piles since last week-end are
ing held up. until
close
O. K
Political Vice- Yui we had drawn into Now I know what suspended ani-
Exporters believe that the re- Minister of Finance in succession mation means. It seemed to take range. By that time the Bismarck
hopeless state but her, striction is in connexion with the to Mr. Esu Kan who has been About two hours, for those shots was in a
rationing of supplies to certain transferred to the post of Minis- Industrial
in..Britainter of Food.. consumers and safeguarding the supplies of Pending the assumption coal for essential home needs be-i for export orders are permitted."
office by Dr. P. W. Kuo as Ad-
to fall Splashes shot up opposite ensign was still flying. but beyond the Rodney's forc'sle.
I am sorry to say that we all
ના
TURNED TURTLE
"She" had ceased firing and the thought 'Thank heavens, she is only thing left to do was to sink shooting at Rodney.""
her with torpedoes. We fired
**
of
A number of licences which ship-ministrative Vice-Minister of Fin-
"The Rodney's first, salvo pro-three, and the moment sfter the pers were granted for export this, ance, Mr. Ku Yi-chun. was ap-
duced great white columns of last had hit she turned turtle and Water 120 feet high that would began to sink.
break the back of a destroyer and
"The Germans told us our gun sink her like a stone if she steam-fre was a terrific surprise ed through one of them.
them."
brisk trade.
to
week have been withdrawn.
pointed by another mandate to be Wales recently has been doing acting for him. Dr. Kuo is now in London on a mission for the Government. The restriction apparently re- lates to household and some in- Mr. Wang Lu-yi was specially "The second "splash I missed all The Bismarck fired four salvces dustrial coal. It is understood appointed Control Commissioner except one shot which seemed to at the Dorsetshire but all passed that some shipments are still per- of the Control Yuan for the belong to King George V and was overhead and soon after the Nazi "mitted of certain classes of coal, Shans-Shensi Control Area. a little ahead of the Bismarck
battleship, heavily engaged by the of which there is at present Rodney, was unable to afford at-surplus, tention to the cruiser.
FULL SALVO
COUP DE GRACE Describing the actual coup grace, the Officer in charge of the
de
"Then I watched the Rodney to see if she was being hit but she just sat there. like a .great slab of rock blocking the northern horizon and suddenly belched a operation said: "We had closed in full salvo.
I was
LONDON STOCK EXCHANGE LONDON, June 6 (Reuter)
again, lower as were also B.T.A.'s with 81s 10d against 84s id, but the Cable and Wireless Ordinary gained 25 shillings.
Rubbers continued to be steady.
H
to a short range and the Captain on the Stock Exchange yesterday' "I actually saw projectiles flying told me to give her two. through the air for some seconds astonished when the torpedoes it the market was largely colourless Oils were easier apart from Trini- after they left the guns like little home to see that the Bismarck apart from Cape purchase of non-dad stocks.
producers among the Kaffrs.
Among foreign bonds. Egyptian diminishing footballs curving up hardly shuddered.
Gilt-edged holdings ruled steady 4 per cent. eased a Joint to 734. "We went around to the other and up into the sky.
Wall Street was steady. "Now I am sure that there were side at 10.36 and I let her have after early fractional declines. In- four or five hit. There is only another. When that one hit she
one great "splash and a sort of began to list and quickly turned HONGKONG SHARE QUOTATIONS.
flurry of spray and splash which, over to sink.
might have been a waterline mit. The Bismarck turned north steam
ing about 12 to 14 knots.
"Earlier in the day the Bismarck STOCK EXCHANGE, had been subjected to an torpedo attack from three destroyers who
"We kept turning in and out to had been shadowing her. confuse the enemy Tonge takers.!
all the while closing the rapidly.
:!
range
VIGOROUSLY SHELLED
"As these destroyers-the Maori, Cossack and another-went into "The Admini kept on saying the attack, they were vigorously
closer, get shelled by Bismarck main arme see enough monts.
Buyers Bellors
Sales
Somical
$1310!
£8
"Close
range,
get
closer. hits"
I cannot
$71
HALL OF SHELLS
"Although only narrowly miss- ed, the destroyers hang on tinti "Somewhere about the eighth down they fired torpedoes, the
$80
salvo, there was a fire.on the Maori scoring on the forecastle. forc'sle which seemed to envelope "The destroyers remained on the upper turret and one observer the scene while the bombardmen: $176 says he saw a huge plate
away from the tall of it.
torn was carried on by the Rodney,
King George V and the Dorset-
"The Bismarck turned away and shire, and assisted in rescuing then came back writhing, it seem-German xallors until the presence ed, under the most merciless hall of submarines caused them to ot high explosive and armour steam away."
COMMITTEE
ANGLO-CHINESE EXPORT CREDIT AGREEMENT
LONDON, June 6 (Central)
$5.05
TO STUDY
LAND TAX
COLLECTION
The Anglo-Chinese export
credit
The Ministry of Finance has agreement of £5,000,000 was sign- formed a committee to study plans
$2,00
ed in London today.
8311
to improve the collection of land It will be recalled that it WIS tax which will be taken over by announced in the House of Com- 'the Central Governinent from the mons carly last December that
-82,80
China 198
.:
";
$410
$1
:::
SHAREBROKERS
FRIDAY
Bajer
Mining
Kailang
$8 Rauhs
8714
17 et.
ASSOCIATION
Sellers Sax Nomine
****
*****
!!!!!
ני
able levels a moderate exchange of scrip has resulted.
BUSINESS DONE DURING THE WEEK. H.K. Banks, $1315. Union Ins., $410. Wharves, $87.
Docks, $14.80.
Providents, $5.07), 35.10.
Trams, $15.90.
Electrics (0), X. Rts., $23.
Electrics Rts, $11.
Macao Electrics, $13.85, $184,
$18.60.
Telephones (0), $22.
Cements, $134, $131.
Ropes, $6.90.
Watsons, $9.60.
Ewo Cottons, Sh$34.
HK. Govt, 4% Loan, 971.
HK. Govt. 31% Loan (1934), 941.
BUYERS
Bank of East Asia: 371. H.K. Fire Ins., $178. Indo-Chinas (Pret), $80. Providenta, $5.10. Lands, $31, Renities, $2.80. Chinese Estates, $98. Lights (0), $5.80. Lights (N), $1.20. Watsons. $9.50...
SELLERS
Entertainments, $6.39,
Trams. $16.33.
SALES
HK. Banks, $1,322.50. Providents, $3.15. Trams, $16.20,
Macao" Electrics, $18.60. Telephones (0), $22,25. Ewp Cottons. Sh$34.
1318 HONGKONG
£79
£756
187
£231
£11
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted
Macau Electrics
SATURDAY, JUNE 7, 1941. -PAGE
No Excuses
There's no need to make excuses for insist- ing strenuously on "BLACK & WHITE”. The fact that you do insist on it is a tribute to your judgment "BLACK & WHITE" never fails to give complete satisfaction.
"BLACK&WHITETM "It's the Scotch!"
CL (11)
$10 MILLION
FOR KANSU
SCOTCH WHISKY
*BLACK & Wint
DICE DLS SCOTCH WARE
GAIETY WAS TOO HARD TO BEAR
RECONSTRUCTION After grieving over the
deaths
of two of his friends, Jean Carl,
а
General Ka Cheng-lun, Chair-40, an adjutant in the Free French
found dead with man of the Kansu Provincial Gov- Forces, was ernment, has announced that $10,- bullet wound in his chest, at 000,000 has been earmarked for re-hostel in Queen's-gate, S.W. construction in Kansu for the cur- M. Robert Loyalty Cru, director rent year.
at the hostel, stated at the West-
·
The amount is distributed as fol-minster inquest that Carl was an He lows: $39,000,000 for Industrial archaeologist and traveller. and mining enterprises, $15,000,000 was depressed because his friend for rural credit loans, $8,000,000 and his friend's wife were report- sea through for agricultural and water con-ed to be lost at Servancy loans, $20,000,000
asenemy action,
capital for the Kansu Provincial Carl had said he had told his the Forces Trading Company. $10,000,000 for father confessor In the Water Conservancy and that his two friends "on the other Forestry Company and $8,000,000 side" were calling him. derived from the Kansu Provincial Reconstruction Bonds,
On Wednesday, M. Cru added, Carl sald he would go to bed after
About 80 per cent of the amount
news. When he (M. Cru) suggest. consists of joint investments of the listening to the French wireless Central Bank of China, the Banked he should listen in with the of China, the Bank of Communies- men in another room he looked tions and the Farmers' Bank of China
י
sad and remarked, "No, they are
too gay." He also said that galety
A knotty question confronting was too hard for him to bear.
200 $18.60 the provincial authorities, accord- A verdict was returned that
ing to General Et, is the inade-Carl took his life while of un
quacy of competent personnel. sound mind.
General Ku expressed the hope'
BANGKOK, June 6 (Reuter) that. hereafter. $10,000,000 will be The Thai delegation to the Indo-devoted to reconstruction every
China peace conference returned year for four or five years and that the Northwest to help in recon- from Tokyo yesterday.
more teenhical men will come to struction-Central News).
on Friday, June 6, 1941.
JI
SALES
$220
$40
75 cts.
The total value is $3,720.00.
$176
$120
$80
$60
40/0
$64
$96
$6.10
$25+
11/0
HOUSES AND APARTMENTS WANTED.
$8
1.
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements are charged at the price gom below:--- SITUATIONS VACANT,
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.
If Charges collected, $2.00.
187
834
€79
A JUNE.
Banks
H.K. Banks... Do. ¡Col. Reg.) £756 Do. Lon. Reg.)....)
Chartered Banks £23 Mercantile Hks, "A". 211 Mercantile. Bk. "C". Bank of East Asia..... N. C. & S. Banka.....
Insurances
$220 Canton Inrarances...... Union InsoTÊNCES............
Underwriters
H.K. Firesmise ti
Shipping
$128 Douglases
$8
Steamboats'....... Indo-Chinas (Pref:)........
$60 Indo-Chinas (Def.). ....|
40/0
Shells.....
26.65 Waterboata
Dacks, Wharves,
Godowns, etc.
H.K. & K. Wharvos.....
Providenta
$14.80 H.K. Decks (Old).... $14.70|
H.K. Docks (New)....
8251 +Shanghai Dock........
11/0
|1 cta. Hong Kong Mines...... Lands, Hotels and Buildings
H.K. & 9. Hotels...... H.K. Landa......................................
1974 Do, 4% Debentures...
$13.00 Shanghai Landa.........
H.K. Realtios...
$6.40 Humphrey......
Chinese Estates.. Cotton MIE!
Ewo (8.)
$286 S'hai Cottons (8.)....
Zoong Sing (8.)........
Wing On Textiles (8.) Public Utilities
$2.86
F
831
H.K. Tramways.......$15.30) Peak Trams (old).... Peak Trams (new)..
8614 Star Ferries....... $31.35 'mati Ferries.
$87,
$2.70 $8.40
#343 $288
WANTED TO BUY
WE PAY HIGH PRICES]
for all gold and silver articles. Jade, diamonds, jewels, watches, fountain pens. Apply Far East $125 Diamond and Gold Befining Co. Room 621, China Building, 6th floor. (Store will open on Sun- days and Holidays).
$473
120]
China
Lights (0) China Lights (New).
25.80 sił
$72
IR.
brt
$21.10
$11
$22 I.Rta. H. K. Electrics (Old).....
H. K. Klectrics(New).
H.K. Electric (Rts)} $11
Macao Electrica
Maco Electrics
Government in
$5.80
$1,20
$21
$20 00
811
+4
$184
$181/60
**
19
$22
.822
**
Bat
to
120
830
Cald., Macg. Ord.) 8
Cald., Macg (Prof.)8
81
Canton Tosa...
Cements ......
$13
$13
$07, $044
26
$1.
Sandakan Lights................. Telephones (old)........... Telephones (new)................ Industrials
31%
$6.00 H.K. Bopes
B.K. Gort Loans
4% Loan
$04 181%
(1974)..
(1940). Miscellaneous
#17) Dairy Farma........../..
Entertainments
$1.60 Constructions (old)..
Cons actions (now).. Lane Crawfords........ Nanyang Tobacco...... $2.18 Binceres
Watsons
$39 H.K. Wing On B'hai Wing On
J
$7.20 Vibro Piling ...........
6/3 Marekns. Inv, (Lon 2/1) Maraisans Inv. (H.K.
Wm; Powells.
Lights Rts..
+Bain to Shanghai
28
$1
DRM d⠀
# # #
$22
WE OFFER HIGH PRICES for any amount"
of gold articles, diamonds, silver, jewels, etc. No- holidays. Apply China Building, 7th floor
30727.
Tel.
EURASIA GOLD REFINING CO.
FOR JADED APPETITES!
HOTELS
General Agent: Chan Che Kee REAL RUSSIAN FOOD
No: 4, Lyndhurst Terrace. Tel 26102.
WANTED. KNOWN
Experienced Book-keeper Wants Students to form a class." Guaran- tee students to keep a whole set of books after completion of a course of 6 months. For Term and Far
Please Apply to:-Box No 483. c/o HK.D.P
75 eta, ticulare.
$7
971.
844
BUTTERICK
EXPERT TAILORS FOR LADIES' GARMENTS.
NEW STYLE READY MADE
AMERICAN DRESSES...
FOR SALE.
6171
$61
#1.05
377
$300
$2.20
16, Wyndham Street.
$9.60 2.80/
$42
$6
11.
$1
Tel. 23815
WANT-ADS are Seen!
- Tiffin $1.20
Dinner $1.50
METROPOLE HOTEL
Jimmy's
AUCTIONEERS
GREATEST COLLECTION OF BARGAINS IN TOWN! at
LAMMERTS ACUTION ROOM Lammert, Brothers--2. Connaught RAM COHral, Telethon" No. 20224.
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street Telephone No. 22224,"
TEA. DANCE
DAILY
EXCEPT MONDAYS 5 to 7.30 PM.
Help Your Friend and
his Hobby by giving
POSTAGE STAMPS
for
his COLLECTIONS and SEEDS
for
his GARDEN
We can supply the goods of his and your want GRACA & CO.
Dealers in postage stamps and garden seeds etc."
No. 10 Wyndham Street.
Established 1896 TRONG KONG
local governments in accordance the extension of credit to
with a resolution adopted by the was decided upon in principle by 8th Plenary Session of the Cen- the British Government in con- tral Executive Committee of the currence with the Governments of Kuomintang held in Chungking the Dominions concerned that the early in Aprn
credit be made available for pur.....
A Land Tax Department will be chases in the Sterling area. established under the Ministry. It
The successful conclusion of the will have branch offices in different
above agreement is regarded here provinces. The
county existing land tax offices will be reorganised as a further evidence of Britain's and placed under the direction of continued confidence in the Chi-
nese
National
the magistrates, but supervised by the provincial land tax branch of-Chungking and also in the ulti- mate success of China's heroic re- sistance against aggression.
fices.
Revenue collected in the coun- ties will be deposited in banks de- signated by the guvernment in a
WASHINGTON, June 6 (Reuter) special account Control will be in the hands of the Central Govern--The reasons for President -ment, but the amount listed in the Roosevelt requesting Powers
provincial budgets as land tax ré-seize property was explained by Secretary renue will be paid to the provinces Mr. Henry L. Stimson, by the national treasury. The Cen-, of War, at a Press conference. tra Government may, as the situa. They were needed, he said, to re- tion requires, collect a part or all leve machine-tool bottlenecks, of land tax in kind in any locality. aluminium shortages and German Food administration offices may be patent controls un vital defence requested to handle the storage, processes and should not be de- transportation, distribution, and layed by any Kirivolous objec- marketing of such stocks collected, lipns" by the Congress.
After taking over land tax collec- tion, the administration will be responsible to survey and register
"
within a definite time the farm- $114,393,269 In 21 provinces and land throughout the country nine-municipalities in 1986,-exclud- Thereafter, the tax rate will be re- ing the three. Northeastern Pro- vised and all surtaxes abolished. vinces, Jehói, Sinklang, Szechwan. All provincial loans secured on the and Sikang. Steadily declining land tax and approved by the Cen-since the war, the amount was only tral Government will be paid the $82,349,912 in 19 provinces in 1940. These figures did not include land national treasury.
As chief revenue of provincial taxes collected by county govern- governments, the land tax yielded ments (Central News).
$16.05
19)