1940-02-23 — Page 9

Daily Press 孖剌西報 All

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE.

SHARKEROKKEP ASSOCIATION

Buyer Ballara Balos Woolda?

Bayern Bare. Sales Now THURSDAY 22.)

$1435 C.D.

FEB.

Banks

Do. (Col. Bo

:

N. C. & 8. Hacks... Insurances

!!!!!!

50 ota.

H.K. Back

$1420

$1430 C.D.

I.D. £90

X.D.

X,D.

£87

Do. (Kan. Bag.)

£90

X.D. £87

£8 15/16

Chartered Banks...an

31

Mercantile Bks, “A”

£8 15/16

212 #78

Merosusilə, Bkm. “"0"

£31

Bank of Engi Ásia ........

£18 79

$210

Canton InsuTRATORS A

8219

$470

$480

Union Insurances. ...

$470

01

Underwriters

********* 90 at

$182

E.C. Fo

$162

Shipping

$100

Dougisses organ

$100

$10 Beatbo

$100 Indo-Chinsa (Prat.)

#104 $100

$120

78/11

#460

€35

2391

1

$7.70

***

#

$17.55

364 $25

#20 Indo-Chinas (Del.)..

Waterboats

78/1

Shells

Docks. Wharvės,

$7.30

$4.60

፧፧፧

Godowns, etc.

$102.K. & K. Wharris $101

129.10.15

| Providenia

Providente (Bow) \here.

H.K. & W. Dooks... #29.10

Do. (new) superstrad

Shanghai Dooks .....

New Engineerings B

“Mining

Venezuela Gold Fide

3 ecz Hong Kong Mins

Lands, Hotels and

834

18/0 $10

Kaila

Bagbera

$10

2.1.

:::

$99 15

9341

18/0

Buildings

$5.65 H.K. Hotel ...........

$5.65

$38

|H.X. Landa ..........

$38

$100 Do. 4% Dedeckares

14) H. Besliias

100%

$4.80

#71

#361

$44

#

$18.60 Shanghai Lands

Humphrey

#10) Chinese Estates

Cotton Mi

$170 B'hat Cotton (8.)

$44 Zoong Sings (5.)

$484 Wing On Textiles (8.) $100

837) Ewo (8.)

Public UtiliLLA"

Tramways col

$17.80

$8

Pak Trams (cid) ...

Pask Trams (209)

Star Ferries

$64

$25

AT

Do. (new)

$7.90

Chins Lights (0) -

$5

$5.05

China Lights (New)

China Lights Ra.

$571 $90 $11 $16.80

+41

T'sti Ferrin

H.K. Elactica............

Micro Electrics ......... Bandakan Lights

{Telephones föld)

-$3.6) Telephones (new)

19/6 Tranticos

19/9 Tractions (peal.) Industrials

$14.00 Cald., Mog. (Ord.) 8.

KA

Cemacie

$5.85 Ropes HIMMIE

Miscellaneous

$5

$27

$9.60

21/0

*!!

$1

$19,90

$8

$13

Cald., Macg. (Preť.) 6.

1

Canton Iom

$19)

$221 $21.40 $71

$28

Dairy Farm (Old)

933.80

Dairy Farm (New)

$21.30

Ch. E'tinmetrio

#71

$14

Constructiona

(old)

$1.85

Construction

(Dew)

371

Lane Crawfords

#3

$1.80 Binoerimen

$2

$0.40 $9,60

YAL

50%

100

962

141

1

+2

+

$2.40 $9.60 $9.60

Nanyang Tobacco

Watacas

50% Ch. G.5%, 19960 Bda. $100 B.E. Govt. 4% Loans 185H.K. Gori. 1% Lous $41. Wing On

|B'hai Wing On

Vibro Pling

Marsmans

Xar. (Loa.)

Maramas Inv. (HK)

Wm. Powellsortime

to Shanghal

Ana

#8]

14/9

4/0

ן

$10

!:

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Feb. 21. /(bearer)

The following quotations are the Chosen Corporation midde prices at the close of the Pekin Syndicate..... market in London. All quotations Shal, Elec. Constr. Co.

are subject to confirmation and no responsibility is assumed for errors In transmission.

$9.10

$1

18

8/6

1/6

15

S'hal' Waterworks “A”

141

Union Insurance

271

£

Gula Kalurapong Rubber 21/101 Allied Ironfounders Asso. & Elec. Industries

14

40/41

War Loan, 34% (Red

after 1952)

38-15/18 Canton-K'loon Ely. 5% 18

Austin Motors, ord.

10/73.

Cable & Wireless, New

Form, ord.

64

Chinese 44% Gold Loan

B.-A. Tob, (bearer).

102/6

1898 (Brit. Issue) Chinese 5% Gold Bonds.

60

Mexican Eagle

124

Cammell Laird, ord.

8/6

1925-47

60

Mexican Eagle

6/11

Chin. 41% Anglo-French

Courtaulds

38/11

Loan, 1908

50

Distillers

67/8

Chinese 5% Crisp Loan.

Dunlop Rubber

32

1912...

30

Gen. Electric (England)

70/11

Chinese 5% Reorg, Loan.

1913 (Lán, 13.)

Guinness (A) Son & Co.

73

40

Hawker Siddeley Airc.

13/3

Chinese 8% Ster, Noten.

19

Bristol Aeroplane

14/9

1925 (Vickers) ............

-12

Imperial Chemical Ind.

32/9

Chin. Imperial Fly, 5%

Imperial Tobacco

121/3

Loan

65

Marks & Sp'cer" "A" ord.

53/6.

Honan Rly, 5%

10%

Rolls Royce ...... 83/9

Hukuang Rly, 5%. 1911...

19

Leyland Motors

72/6

Hukuang Rly, 5%, 1911

Tate & Lyle

53

(German Issue)

17

Turner & Newall

65/4).

Lang Taing &... \U„... Hai

24/11

Smethwick Drop Forg....

14

20

Armstrong Stevens, ord.

6

Pressed Steel, com

15/0

21

64/9

26

Rly. 6% 1913

S'hal-N'King Fly, 5% Tientsin-Pukow Rły, 5%

(Brit Stpd.) Tientsin-Puków Rly. 6%

5. 82

18

(German, Stpd.) 18 Tientsin-Pakow Rly, 5%

(Brit. Stpd. Supl." Loan) ́ ́18 Tientsin-Pukow RIF. 5%

(Ger. 8tpd. Bupl, Loan): 16 Jap, 5% Eter, Loan, 1907, 52; Jap. 6% Ster. Loan, 1924 568- Ger. 7% Inti Loan, 19247 Chartered Bank

HK & Bhai Bank:-(Lán)

Reg.)

HK & Shal. Bant (Col.

Reg)

Chinese Eng & Mining

United Steel....

Vickers,. ord.

Woolworths...

Anglo-Dutch

Rub, Plant. Invest. Trust: 34/8 Burma Corporation 8/104 Commonwealth Mining Marsman Investments... Randfontein Estates Western Holdings Sub-Nigel

FINANCE

Finance and Commerce

Tea Control Decision

STEPS TAKEN TO DEVELOP BRITAIN'S EXPORT TRADE

LONDON. FEB 22 (REUTER)-THE STERS WHICH ARE NOW BEING TAKEN TO DEVELOF GREAT BRITAIN'S EXPORT TRADE are outlined by Reuter's lobby borrespondent, who says that the home market will have to yield to the need for exports, except for vital nocemities.

SURPRISE OVER EXPORT FIGURE LONDON, Feb. 22 (Renter)- The International Tea Committee's decision to maintain the export able figure for the next regula- tion year at 92 per cent of stand, ard exports has caused some sur-materiais. prise in tea circles.

7744

The first" aim is to recover the markets lost at the beginning of the war and the second is to ex- tend them, as far as is possible, consistent with the supplies of raw

Discussions are taking place between Industrialists and Trade Unions with regard to the large expanded number of workers required for hoped that as a result of the work. export trade. It 13

already done. there will be a

100 PER CENT EXPECTED While emphasising that there is no shortage of stocks, they had believed that 100 per cent might have been fixed.. in view of the noticeable increase in cotton ex- considerable increase in United Kingdom consumption. together with the fact that certain Empire consuming countries are acquiring larger supplies of Empire teas, since the outbreak of war.

ports.

Uf

ACUTE COAL SHORTAGE IN SHANGHAI

PRESENT-PRICE

$220 A TON SHANGHAI, Feb. 22 (Reuter)— Export of motor cars has been Owing mainly to the diverting of placed on a satisfactory basis by supplies to Japan, Shanghal is to arrangements for allocation

day facing the most acute short- teel and other metals required, age of coal in its history and

It is also proposed to send mia-coal prices are rapidly soaring to| sions abroad with a view to secur. threaten the record figure of $350 | ing fresh marketa and better (about £7 at the present rate of salesmenship and exchange) a ton reached during Ion that the retention of the pre-publicity are being discussed. the Great War

The potentialities of Bouth cent suggestions that the British American markets are being care authorities may

be considering fully examined and the question negotiating buying contracts with of coal supplies for Italy is Netherlands growers.

ceiving prompt consideration.

""

BUYING CONTRACTS

Some quarters express the opin-methods of

sent quota lends colour to the re-

COAL SHORTAGE IN SOUTH OF ENGLAND DUE TO BAD

WEATHER

ARRANGEMENTS TO

EASE POSITION ·

HONGKONG

SHAREBROKERS'

ASSOCIATION

LONDON, Feb. 22 (Reuter)- Making a statement on the coal position in the House of Commons A. 8. Watsons yesterday," (Capt. Euan Wallace, A S. Watsons Minister for Transport, said that China Lights (0) the protracted spell of bad wea. H.K. Docks. ther including the particularly H.K. Docks heavy falls of snow and the pre-

H.K, Docks valence of fog and ather wintry HK Electrics conditions at sea, which were a HK. Electrics counterpart in

HK. Electrics unprecedented icebound cond-Macau Electrics

H.K. Electrics tions which had prevailed through HK. Telephones (0) out Europe, had created an in- creased demand for coal, while, at

HK. Telephones (N) the same time. interfering with HK. Tramways transport.

Volume of Business Transacted on Thursday, Feb. 22, 1940.

Britain of the

GOVERNMENT. ACTION Arrangements have been made to accelerate the movements of coal and he hoped that the situa- tion in the areas where there had been a shortage of coal would soon be relieved,

Additional supplies of coal to j Bugment" London and South England supplies were being ar ranged and an increase of 70,000 tons per week, involving 143 trains per week, would, thus reach the! South...

RAILWAY SERVICES

The passage of this coal would necessitate a considerable, reduc- tion of passenger service on the main railway lines between New- castle and London.

H.K. STOCK EXCHANGE

General enquiries led to the mar- ket becoming comparatively more active with a few stocks, showing good advances. This was noticeable

The present price is $220 a ton, compared with $16 in the summer

of 1937, fast before the outbreak of the Sino-Japanese hostilities.

THE CAUSES Causes responsible for the tremendous increase in prices are "said to include:

1. Diverting to Japan,, because of the shortage there, of Shan tung and Keelung (Formosa) coal, which used to meet about 20 per cent. of Shanghai's needs.

2. Mounting freight charges as the number of bottoms available for shipments of coal to Shanghai

decrease.

FRIDAY, FEBRUARY 23, 1940. —PAGE 9

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRYGIN

DISTELERY, LONDON,

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

Honesty In Trade

Viscount. Cecil of Chelwood, in the House of Lords debate an economic warfare, urged separation of Britain's efforts to improve its commercial

||

26

TIN RESOURCES IN WAR EFFORT

No Reduction Of

Quota Requested

blockade operations, so that neu- position and its

LONDON, Feb. 22 (Reuter)—In trals would not think Britain was the House of Commons yesterday, using belligerent rights to build Graham White (Lib) asked

whether, in view of the forth P our commercial position."

He also urged full Cabinet rank coming meeting of the Inter for the mhilater directing" eco-

national Tin Committee, Mr.. nomic aspects

Malcolm MacDonald would see. of the Ronald Hibbert

that no reduction or alteration in Cross, "the

war.

3. Shortage of coal in India, whose production has been, divert- ed to Europe to supply the re-present Minister, does not have the quota was made unless he was quirements of the "Allies.

500 € 9.40 4. Phenomenal declines in the 3:00 9.45 exchange value of the Chinese

8.10 Dollar.

420 500 22.30

400 200 22.50

22.50 RISING VALUE ON

STOCK EXCHANGE 58.00

800

5.33

58.50

100

100

200

Use of In the

this rank, but the appointment of satisfied that it would not inter-

fere with the maximum former War Secretary, Mr. Leslie Hore-Belisha, has been

talked Malaya's #tin resources about for such a post.

prosecution of the war.

meet investment demand and ap

GOVERNMENT REPLY Mr. MacDonald replied that the quota decisión rested with the International Tin Committee, but he felt sure the Malayan and Home Ralls were firmer and Nigerian delegations would con guit-edged securities Tess protinue to maintain the interests of minent owing to interest in other the Governments they represent sections, but foreign issues were in the Committee, including their generally well maintained."

interest in the effective prosecution Wall Street was steady.

of the war.

LONDON, Feb. 22 (Reuter)-Onpreciable gains were registered. 58.75 the Stock Exchange, rising values 60.00 and expansion of business were the 20.50 outstanding features in yesterday's 50 27.00 markets.

25 300

9.50 Industrials, ofls, coppers, dia- 17.55 monds and certain Kafirs all

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR"

"BUTTERICK LADIES TAILOR

Winter Sale

Ready made. Overcoat and Dresses made to order. No. 16 Wyndham St. Tel. 23815.

particularly with Electrics, which THE

MOST RELIABLE

opening with shares offering at 358 LIQUID INSECTICIDE

switched suddenly to buyers taking all offered at that price. Later bids were increased to $61 with sales at intervening rates. Later in the day it became known this Company is Increasing its Capital and as a start will issue one new share-on bonus terms--for each two held... Banks in sympathy with the rise in Lon- don changed hands at $1450, closing sellers at $1485.

· BUYERS

Canton Ina. $215.-

Union-Ins., $470.

Fires Ins., $182. HK. Docks, $25.10. Providents, $4.85. Landa, $38.9 Humphreys, $7.70:

Star Ferries, $84. - Yaumati Ferries, $25. China Lights (0), $7.90.· China Lights (N), $5. HK Electrics, $60. Macao Electrics, $20. Bandakan Lights, $114. Telephones (O), $26.80," Dairy Farms (0), $224. Dairy Farms (N), #21,40, Entertainments, $74.

SELLERS

..14/9 34/44

12

186/3

8-15/16

Tanami Gold Mining Anglo-Iranian

64.

57/6.

Burman

| 69/41-

Shell Trans, de Trad.

HK. Docks, $225, Providents, $41. Lands, $381

(bearer)

78/11

-Nominal

SALES HK Banks, $1450,

GEE, IT'S SWELL

NOT TO BE |BOTHERED WITH

FUES WHILE WE EAT!

THAT'S BECAUSE

· 1 SPRAYED WITH FLY-TOR.JUSE *IT: BEFORD

EVERY MEAL

DEMAND THE GENUINE

FLY-TOX

Obtainable at all leading Drug

and" Department Stores:::

Bole Distributors

Hongkong Baily Press CLASSIFIED ADVERTISEMENTS

Jimmy's

"AUCTIONEERS

GREATEST COLLIE TION DI BARGAINS IN TOWN:

ŁAMMEETS VODION ROOM

ENGRAVERĄ

FEI FEI & CO. Photo Engravers

18, Cochrane Street.. Telephone No. 22224,

Flower Bulbs

UNITED TRADERS Gladioli and Begonia

TỔNG CÔNG

Canton Ins. $220. H.K. Docks, $22,30,© Providents, $4.653 Tramways, $27.857,60. HK Electrics, $58/581. Telephones (0), #2720 Cements, $19.20.7 Roper, $6/6.10.

Dairy Barmi (0), 122), Watsons, $940 CAS.

direct from

Holland

obtainable at

GRACA & CO.

Dealers in Garden Beeds, Postage Stamps, Picture Books etc., etc.

No. 10. Wyndham Street,

Hon'

Established:1896

MARBLE HALL

(and Annexe Private Hotel). 34, Granville and 103, Austin Roads, Kowloon, tennis courts. Beautiful garden. Rooms and suites with private bathrooms. All modern conveniences. Apply proprietress, 103, Austin Road.. Phone 50233 and 34, Granville Road Phone 59433.

LADIES AND GENTS, TAILORS

SUMMER

"DRESSES; DAY & EVENING HATS, BAGS & BEACH TOGS,

at ver moderate prices. Call on us and let us demonstrate to you. THE SHANGHAI SUN FAT COMPANY.

EXPERT LADIES' TAILORS

No. 30, Nathan Road, Kowloon,

YOU CAN NOW EAT-

HOTELS

Telephone No. 56846,

RUSSIAN FOOD COOKED IN THE

· RUSSIAN WAY

TABLE D'HOTE $1.00 - ALSO A LA CARTE AT THE

METROPOLE HOTEL

1940 ZENITH NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG

1,

54%Des Voeux Road. C.

USE

TEA DANCE DAILY

*5 TO 7.30 PM. MUSIC BY THE METROPOLE SWING BAND

Telephone 24311.

SPECIALTY SHOPS

MADE YOUR HOME CHARMING.

B. B. Co., LAMPSHADE

M4A, NATHAN KOAD, KOWLOON,

"

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