Sept
Jan
Was
Mar
May
July
Sales for the day
Det
Mur May
July
cost
B bid A asked
WINNIPEG WHEAT
Ocl
Dec May
PAGE 10-HONGKONG DAILY PRESS
BRITAIN LENDS FOR VICTORY
Towns Save Enough In Week
To Pay For Battle-Cruiser
BY AP. LUSCOMBE WHYTE
tremedous part in the London Voluntary effort has played a British war effort. Not only in the Forces and in Home Defence, but also on the "Financial Front,"
The average citizen has cheerfully faced rising taxes and prices. and on top of these he has dug deeply into his own pocket to give or lead to his utmost towards the enormous cost of waging war.
Shortly after the war began a great tagnched and
Savings Campaign
Joba Citizen was urged to spend his spare manej not on goods which demanded labour or shipping tonnage, but oŋ vestment in the various Savings certificates and bonds
The result was amazing To date,prising Instead thirty OL turly well Ver £700,000,000 LT1 small pounds a head invested in savings savings has been lent to the cou-Savings which not only help the try
》,! averaging
millions percorantry's war effort now but will week
ald te transition to peace condi- Parily responsible for this huge to wit, war is won and over Lotal was a brilliant idea on the! The organisation bebind the an-namet ullielai | Savings campaign has been largely Playing not only on the average run by volunteer Labour. which anan's patriotism, but also on 215 helps to explain how Like Drst natural sense of rivalry, he devisent | 5,600,000,000 was raised at "War Weapons Weeks The idea to the Governsteni 111 Swept the country
per £1 von raised The rountry is
Dart
ม
Finance
SUGAR PRICES
New York, Sept. 18 (Reuter).
NEW YORK SUGAR
Kaw Sugar Dentrifugal. ship-
FINANCE & GENERAL
and Commerce
MONEY AND EXCHANGE
meni from Cuba, e & f. New York. LOSING QUOTATIONS
¡duty free:-
Spot
The first War Weapons Week divided into twelve regiona, with a was held in the Yorkshire city of Isalaried commissioner, assisted by Leeds and ever since Yorks pald experts and organisers andį towns have topped the blil" in a an army unpaid workers. !
1:( remarkable series of records
etarg each In all about 250 | Last June the citizetus of reds Op Volunteer workers decided that they would like to helping to gather in the money providy the country with 100 Nearly all the labout behind bombing planes at a cost of abrutioral War Weapons Werks is given £2,000,000 They could not afford 'freely
volunteer These
unrec
Raw Sugar Futures (Contract No 3)
Raw Sugar Futures
(Contract No.
SEPTEMBER 19, 1941. 'n London:
Telegraphic Transfer. 1/2 7/8 Bank Billa, on demand 1/2 7/8 Credits 4 months' sight
In India:-
Telegraphite and demand New York: --
به پروان
Bank Bills, on demand Now.
1221, 1221
1261 126
1221 121
Bangkok:~~~
On demand
On Sterling Notes:-
Sept
Der
May Highest (Dec.)
west..
Wednesday's
sales 9,061,000
bushels
the
werkers! to give the money, but by ending have thought up endless ideas and at low rates of interest they "stands" to publicise thrie weeks uld help equally
10
ed
A seven day campaign was stag
Posters, processions, speeches
loud-speakers urged citizens
و یک را
jand SQUEEZE savings "until
pipe squeak "
CARNIVAL ENTHUSIASDI
roll up to the banks, post offices Some towns have taken
invest in almost carnivalesque centres und
H.K. Stock Exchange
Friday, Sept. 18.
Following the uplift of prices during the preceeding two weeks the market this week has been one of some profit taking. Scrip is more readily available, thus allow- Ing buyers to fill requirements on downward scale Consequently prices have not been maintained. though there is nothing alarming In their set back.
R
THE WEEK
H.K. Baliks, $1490
HK. Steamboats, $11.
NEW YORK COTTON
Opening Closing 17.63 83 1751/53 17.85/85 17.73/74
17.90/90 17,78 N 18.01 17.99 17 90/91 18.14 13 18.05 A5
Market Report
FROM ROZA BROS,
Friday, Sept. 19. Sliver prices were unchanged yesterday. the quotations remain- ing at 23.12 for Ready and 23.7/16 for Forward. American Silver was quoted at 34.3/4 for Spot.
York ⭑ross The London-New
Neu rate was quoted at 402.1/2 York-London was quoted at 403
Dairy Frms, $20.30, $19). $19.35 Watsons. $13. $134, $131, $13.05.
SIS, $134, $13.40. $13.45, $134. Lane Crawfords, $8.10 $6.20 Sandakan Lights $13 10.
Ori
30
Dec
and other
"ALI
bonds
appearance! and cerunrates. And during their weeks- with touses
Jan
the end of the Orst War Wea-beflagged. bands playing. proces | ne Week perspuing aceruntants] bitis marching and tanks fumb
Jing through the streets ad wited up tebal of, tot €2.000,
Mar
May
July
18 21/21
Special
Spot
18.11/11
wiree.
parties.
whist-
13/4
Highest Dec.
enough for an extra 75 bombersi
F
Leeds.!
AL
Keighley
Lowest (į TT on London Shiver. Official Rate Lindon Stiver. Spot
17.90 17.08 4.03.1 4 34-3/4
MARKET
Quiel
STERLING
SATURDAY, SEPTEMBER 20, 1941.
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Yang Last
Buyers
Antiore
Anla
Balan Baptá
SHARKBROKKES- ASSOCIATION
FRIDAY fluytr
18 SEPT.
Banks
$14801.K. Banks........
Lon. Reg.)
Baller Salon Womlas
$1476
$1490
E85
Do. (Co). Rag.)
£85
£78
De.
£76
X.D.
BOA
Charter ad Banks
BV
£83
Mercantile Bk. "A".
£231
£11
Mercantile Bks. "C".
870
Bank of East Asia
$75+
$26
N. C. & S. Banks,
16 ct.
Insurances
$440
$4424
21
$230 | Canloo Insurance.
Union INTENÇÃO.......
UnderwriterA
BMD
$440
170 ct..
$187
H.K. Fires
$1874
2,70b. 75a
Shipping
2.78b/80a
1a Bhangbali
$120
Dougleren
8120
2.78b 808
On demand
480
$10.00
2,806 838
in Singapore:—
2.83b. 23u
On demand
02 3/4
54 JOLO
Ju Japan:-
On demand
108 1/4
A notable feature has been heavy trading in Hotels, the market ab- sorbing offerings in really large parcels.
;:;
$11
Steamboata
$10
$90
Indo-China
(Prof.).
890
870
Indo-Chinas (Det,)
870
56/10
Sholla
56/7+
$8 55
Waterboats
$61
Docks, Wharves. Godowns, etc.
Transfer
2.15b 5, 2.11b/la
-82 bh
RUSINESS DONE DURING
#974 874 $19
*97
$7.65 $71/65
$192/70
H.K. & K Wharves Providenta
$874
$7.50
211b:lija
2.11 b/120
Bank Bus, on demand 24 18/16 Credits, 60 days algh
Bank of East Asia, $76
Volume at bustness due. -305
Jots
u Batavia:-
Union Ins.. $440, $442!.
On demand
40 3/4
HK Fire Ins., $1874.
10/6
H.K. Docks (Old)
HK Docks (New)
897 +bangbai Docks
Kailana
Mining
$19.76) $19.76)
8371
196
974
Raobr
$7
ID.
www
N-compl
Paris:
Docks, $20, $20, $20. $19,40, $193,
2 eta.
Hong Kong Mines
"
Credits 4 months' sight Now.
per bushel 721723 742b 78ja
1) Saigon:
$20, $19 $19 70, $19.85 Providents, $7.80. $71. $7.45.
On demand
106
Ja Manila:
$7.30, $7.45, $71, 87.55. $7). Hotels, $4, $4.30. $4.35, $445, $41.
841
$4.27 $4.20/20..
8381
$97
Do. 4
Lands, Hotels and
Buildings
B.K. & S. Hotel
A.K. Lands......................................
Debentures
$4.25 827+
8074
On demand
29 7/8
$4.20 $4.30, $41.
122
Shanghus Lands.
Lands. $38 $384. $384. $3a.
$4.15 1. Realties
$4.15
$4,35
CHICAGO WHEAT
$8
148
Realties, $4.15.
Kumphreys
per bushel 119/119
Trans, $181, $183, $18.30.
$100
$98
Chinese Estates
Bank Buying Rate ar Bilver per ol
Now
Lights (0) $7.40, $71, $7,09, $7 10.
23 1/2
$7,05, 57.20, $71, $7.30.
Lights N, $24. $2.55
...
Elenteles (0). $24 $24). $241.
$23.80.
Electrics (N), $24. $231. Electrics Rts., $14, $14.10. $144.
$14.36 $14. $134. $13 85. $13 Cements, $174. $17.85. $171, $171.
$17.15, $17.
$18
$18.401
27
83)
BY4
871
$74
Ropes. $10, $10.80.
Cotton Mils
#50) wo (8.)........
$305'hai Cottone (B.)
Zoong Singe (8.).
Wing On Textiles (8
Public Utilities 818.30 HK Tramways.......
Feat Trame (ok)
Peak Trama (new). #bit Star Ferries..............
Y'mati Fervich.
Chin Lights (0.
$50
$305
#126
$19.40
$7
::
$31
$64
$84
$7,30
$2,65
China Lights (New).
$2.65
#24
$24
H.K. Electrics X.R.(0)
8241
8931 H.K. Electrica New)....
323
$131
818
HK Electric (Ris
$131
$18.30
818
Macao Electrica
Macuo Electrion
515
ali
Realtles, $4.20.
Trams, $18.25.
Indian Mint Sver
Electrics Ats.. $13.75.
Nov. 15 Settlement
63.00-3 63-00-8 63-01-0
al
1/3.1 32 for
SALES
Gash.
. S. DOLLARS
Docks. $19.65, Providents. $7,50. Hotels, $4 25.
STERLING
0, but more than $3,500,000--or Savings
dances. drives, competitions and treasure
Not to be outdone Bradford, the hunts have been held
York,nire rival great
Yorkshire. they rushed to organise their own week "went to War Weapons week like Leeds, with an average of over £y Republicans and Democrats into a Beat by
man, woman and Presidential election, with bands. hild had said rather complacent banners, flags and loud speakers
"Beat that tha cans!" And, and their 19-store Mayer parad rather to Leeds' chagrin. Bradford did beat it
ly
every
lug the wwn squeezed intra Bren
gun carrier Light hearted, despite i LOCAL PRIDE THE SECRET the bombs, and generous porban Playing up local rivalry bets, because at the bombs campaign leaders whipped up anį A. Nazi bombing has increased average of Ver All from each'in savagery, so have savings in de Bradfordur. including nearly gre One South Coast town £5,000 in the prunies and sixpen. Ing at £100,000 crmed ikely
reet: a smaller total. But d ces nt schoolchildren.
Next! week the Nazis bombed it morning queues were waiting ourt-1 16 side the Savings Offices, and the
week showed a total of £181.000 a The Luftwaffe had virtually pro definite onject -£100,00% to buy vided the extra £81.000. bombers or fighters, £500,000 for
This readly started the ball rol- Ing. Liverpard took up the hat kenge and contributed over per head
Muel
Spi lowns
themselves
a destroyer or up by millions tu
battlecruiser purchase a
And in nine-tenths of these cases the tota,, aimed at has been greatly exceed. ed. Sometimes dubled, trebled or: multiplied by Ave or six.
As the campaign progressed, the early figures per head were lett far behind Edinburgh "bunged it, saxpences to the tune of £25 for every inhabitant With Yorkshire still
fighting gamely. Hailfax
per head.
23-1 20
SILVER MARKET
LONDON SILVEK
London, Sept. 18 Reuter). Silver--Market quiet. Business of!
to the trade 15,000 fine ounces was satisfied by production selling. 1
Spot, 23-12a. Forward. 23-7/160
COMBAY SILVER
Bombay, Sept. 18 Reuter).
Ontake 100 bars Market-Steady
Ready Oct. 14 Settlement
BOOM IN USED CARS
TRIBUNE STAFF REPORTER)
Restrictions t the sale of new cars bas boosted Singapore's used car market to such an extent that dealers, in their efforis to augment stocks. are sending out agents, or making regular trips to the F.M.S. to buy the types of cars they speciallse in.
Petrol rationing has not killed the popularity of big ears in Singapore, but in the F.M.S., a dealer remarked, the small and medium powered cars fetch the best prices. i atsed £20.10.0
Buying trends In Singapore small Yorks Lown of Silsdez promptly capped this record with a change with the seasons apparent- figure of nearly £30. only to lose 17. Dealers state that in the drier
£13
The
yet another Yorkshire towr when land reached £33 15.0.
The story hesitates here with the succeeding record of £42 a head
cars are
eugerly
months, sports sought and quickly sold, but with
breach and
the even
are turning out complicated most spares with the greatest of
Base.
Cerlain
There were sellers at 1:3 up . October. buyers Ai 1.3.1/32 for ¡Casb
U. S. DOLLARS
Selling rate to Merchants 25.1/10
SHANGHAI DOLLARS
SHANGHAI MARKET
Official rates, selera of Sterling
al 3.5 32 and US Dollars at 5.5/16 AFTERNOON MARKET
Quiet
There were seliers at 1/3 up October, buyers
Selling rate to Merchants 25. 1/16.
SHANGHAI DOLLARS
515,
SHANGHAI MARKET Official rates, sellers of Sterling
and at 3.5/32
Doilers at US 5.5; 16.
Shanghai Exchange
Shanghat, Sept. 19 Reuter).
5-9/32
Lane Crawfords. $6 20. Wh. Powell, $1.80.
Entertainments, $6.75
SELLERS
Providents, $7 58
Hotels, $4.273
Realtles, $4.15.
Lights 10. $7.30-30. Electrics (0), $23.80.
Cements, $17.
Dairy Farms, $19,35. Watsons. $13.45/55. Lane Crawfords, $6.20.
LONDON METÁLS
EXCHANGE
London, Sept. 18 Renter).
Standard, Cash,
buyers: £256-1/4
V.A. Chemicals (HK) $0.80
+8=le to Shanghai
BANK OF ENGLAND
LONDON, Sept. 18 (Reuter)
Public Deposits
Other Deposits:--
Bankers
Sept. 11
Sept. 18
(000's Omitted)
£ 9,270
10.800
133,780
127,630
Middle
Other Accounts Total
53,010
51,620
186,790
179,150
Government Securities
125,350
120,220
Other Securities:
Discounts and Advances Securities
5,310
5,140
21,070
20,600
Total
28,380
25,740
Notes and Coins
62,350
82,030
Total Bullion
1,750
1,770
Notes in circulation
669,400
669,740
Ratio of Reserve to Liabilities.... Price of Gold at which holdings
are valued
31.79%
32.66%
1887-
188,/.
Tin, Standard, 3 Months, Middle Price, £259-1/4 buyera; £259-1/2
Tin.
Official T.T. Bates
Opening
Price, sellers.
€256
London
0/8-5/32
New York
Japan..
India
Paris Hongkong
ungnoted sellers.
17-1/2
unquoted
21
unscrupulous dealers the arrival of regular showers, are, however, reaping a rich her- buyers usually pick on the saloons. vest, charging prices for the local Skill in reconditioning and re-product as high as or even higher which remains with the little mi town of Heckmondwike, Yorks. (It novating used cars has made bis than the factory-made part.
strides. Bhortage of spares and Garese proprietors are counter-
Silver Duty Rate relative high price
The Central hasing this profiteering, however. by
Bank of China's dealing direct with the turners ente on Lordon at 10 am today snd mechanics benefitting car was 1/2-1/24.
The Ennalisation owners considerably.
their
aimed at £100,000 and got £364,- 000! The tiny Welsh agricultural village of Llanbedr, with only 310 brought this about. inhabitants, has lent no less that £100 a head towards Britain's war effort, but this cannot count as a record as I was unly part of the County of Merioneth's effort in their Sayings Week as a while.
Smashed mudguards, which used to be given to the junk man while brand new ones were fixed, are today being turned over to the mud-guard "beater" who performs mira- cles when belped by an expert painter..
There are more motor car pain- per cen1 ters in Singapore today than there
rate
was 241
were before the war started. Un India Rupee Paper
til such a time as when stocks.of paint fall so low as to make It impossible to carry on. they will
THEY WON THE TOFFEE Good natured rivalry between This inclination to save all that do a roaring trade. It is not un- towns bus livened those Weeks into is possible has also caused a boom usual for certain paint shops 10- something of a tournament. The in the second-hand dealers' busl-day, to carry on work with night
shifts. organiser of Hockmondwlice, tells nesses
how "there were four Yorkshire | Victoria Street la Singapore's towns scrapping for first place. So second-hand dealers market place. we set out to beat the lot." Hail-Shops here used to be frequented, fax hot a tin of toffees they could not so many years ago, only by nut beat their £28.10.0. But, half the little garages which could not way through
the week, Heck afford to turn up their noses at mondwike had already won the second-hand spares. toffees and raffled them for Bay-
ings Certificates
The cut in petrol rationing, dealers think, wif) bring, mora and more of the older cars Ou the market but newer second-hand cars they feel. will command as good a price in months to conie as they do
now.
Bombay, Sept. 18 (Reuter).
Market barely steady.
LONDON GOLD
London, Sept. 18 (Reuter). Bar Gold, Fine per cz.. 168/-
INDO-CHINA
Govt. 34 per cent. Rupee, 98-9- STEAM NAVIGATION COMPANY LTD.
BÓNGKONG.
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted on Friday, Sept. 19, 1941. SALES Bank ut East Asia China Lights (0) China Lighta (N)
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN.
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BAND KAN
HA PHON
All steamers borth alongsido
Shanghai, whore passengers
- nel cargo are landed,
7.30
2.45
the Roosevelt Terminal in the French Concession at
100
19:65
200 10.00
100 24.00
300 17.00
1,000
4.25
100
17.50
200 13.48
100
13.06
0,020
30 $76.08 2,000 700 HARD TO GET
7,45 China Providents... 1,000 Today however, even the awanki
Some car salesmen and brokers, H.K. Docks The thrift slow-by these towns garages in town send out for has amazed officials. In mill towns spares to Victoria Street. Wrecked however, go to sleep fearing to average pre-war wages were cars beyond repair find a ready wake enough only for frugal living. Now sale here it they are
overtime, rising wages and lom-which epares are hard to get, ployment for all has swollen For certain cars, particularly of cars also. family incomes in an astonishing German and Italian origin, fnek their trade.
tory-made stocks of certain spares <lcgree.
Extravagance on new clothes, have disappeared, furnituro, radio staažid, otior 'luxuries would not have boon Bar.
up one morning and read R.K. Electrics (0) makes for that Government has decided to Cements...
control the sale of second-hand HK. Hotels.
This, they think, will HK. Landa
more optimistic dealers A.B. Watsons however do, not think that such steps will be necessary in Malaya for quite a long time" yet.
However, expert Chinese ma- eninists, have stepped into the
The
The total value to #54,875.00
For Further partícules
please apply to
JARDINE MATHESON&Co.,Ltd. TELEPHONE KOXILIGENERAL MANAGERS:
$13.10 Bandakan Lights......
BUYERS
620
324 Telephones (old).....
$200
78.40
H.R. Banks, $147.
Telephones (now).
Industriaks
Union Ins, $440.
240
Cald, Macg. (Ord.) 8
H.K. Steamboats, $10.80.
236
Cald., Maeg (Prol.}
Wharves. $97 60.
Canton Lees
Hotels, $4.25
017/17 15
'emerits
Reallics, $4.
$104
$10
$10.80
K. Ropes
75 eta. $17.10
10.50/.80
HE GOTL Loans
Chinese Estates, $100.
8101 4% Load
$101
Trams, $17.90
Telephones (N). $9.49
809 (2+%
(1994).
200
143
$98 84%
Watsons. $13.40.
BIDA
362
861
$6.10
$6.10
$13.45a
(1940)
Miscellaneous
Dairy Farms.
Intertwinmenta.......
$1.81bstractions (old)... 80 ets. Constructions (Nsw)..
Nanyang
sinceres
Watsons
8194/
$7
Crawfords..
$1.65
$8.45
Tobacco......
$8.70
$2,40
$13.45.50 ...
$43
Ch. 0.5% 1920$Bds.
€39
H.K. Wing On
43% $42
S'ha Wing Us
$14
$7.20 Vibro Piliog
7/6
Muramans Inv. (Lon.))
▼
1/6
Marys Inv. (H.K.)
$14
Am. Powella....
变