1940-02-29 — Page 11

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

SHAREBROKERS' ASSOCIATION

Buyers Ballers Sales. Nomina WED., 28.

Buyers | Bellsze Bloomiosť

FEB.

Banks

$1,460 #1480 1480/75C.D. H.X. Hanks

X.D. £30 Do. (Col. E-)

X.D. £91 Da L. Reg. ...

£9

Chartered Beak *****

E311 Mercantile Bks. "A"

Mercantile Bka, "

לנו

212

|Bank of Bari Asta

4

N. C. & S. Banks

Insurances

Canton InenESMODE. ...

Union InspUORI ... Underwriter ********90 cta E.I. Fles

$480

1

FINANCE

Finance and Commerce

H.K. STOCK

EXCHANGE

There was less activity in the market during the short session.

BUYERS

C.D.

$1470

ID

291

XD

£80

19

£8

£31

£19

$78

H.K. Bank, $1,460.

{BO ata.

Canton Ins., "$225,

$295

$185

$10

$100

B120

79/41

1911

Fires Ins.. $185.

Wharves, $103.

Hotels, $5.60.

Humphreys, $71.

Realties, $5.

Star Ferries, $671,

China Lights (New), $5.20.

Sandakan Lights, $114. Dairy Farms (Old), $22.10. Watsons. $9.60.

"Entertainments. $7.40.

SELLERS

H.K. Bank, $1.490.

$4424

+

$188

Shipping

#101

Doogises

among

101

$10 Bamboe ja

$160 |Indo-Chines

(Prof.)

$80

Indo-Chinas (Del.)...

79/4

Bholis

Waterbonia

$7.40

Docks. WhaIVES,

Godowns, etc.

$103 $4.90

H.K & K. Wharve

#8 5.05/5.

Providenta

$103

**"

85 $5/5.05

Docks, $23.80.

Providenia (new)

Hotels, $5.80.

$241/23.60

Lands, $40.

Do. (DE) vadīt

#434

Shanghal Docks B....

8441

New Engineerings 8:

Mintos

China Lights (New), $5. Telephones (Old), $31.

X.D.

18/0

$10

Kailee Bashe

ID. 18/

810

$31

H.K. Bank, $1.470.

Providents, $4.95/5,

Tramways, $18.30/.25.

H. & W. Docks... $234 $23 $24.50/234..

$5.60 $5.80

40/40

::

30

$4 Venezuela Gold Fide 3.cta. Hong Kong Mines

#18

Lands, Hotels and Buildings

A.K. Hotels

H.K. Lands ...ā.

$100 [Do. 4% Debenturas

Shanghal Lands 8. H.K. Bealtime

Humphrey Pu

101 Chínies Estnies

Cotton Mul

$42

Επο. (8.)

8170 8' Cottons (B.)

385

Zoong Sings (5.)

$48 Wing On Textiles (8.)

$181 $18.40 15.35 25/30 Tramways

$5-80 $3.80

$40,60

$100

£5

$771

$421

178

T

$100

Public Utilities

$18.95

$8

Peak Treme (old) ...

$4

H

8871

Posk Trams (De} ...

Star Ferries

328

Tmati Farrin

#971

Do. (3)

$8.80/70...

Chins Lights (0)

$6.20

China Lights (New)

$8.70/. 75.

851

China Lights RES.

$8969/681

E.K Electrics

$58

$681 Bes

821

Kacs Electrics

#112

:

Bandakan Lights

31

312/31

$19

31/311 $12.10

23/-

!

14

$6

$7.40

Telephone (old) ......

$19/12.10 Telephone, (new) ....

19/6 Tractiona

Tractions (ppi) 1999

Industrials

$14.9 Cald, Koog. (Ord;) B.

$19

820/120.20

28.10

$33.90/.60

Cald., Haeg. (FMC.) 8.

Canton Zone

Consecte

Hopes ....ARIŞORMEIDET

MiscellaneoUS

$29.60 Dairy Farm (Old)

Dairy Farm (New)

Ch. Bimetim

Constructions

P

Tramways, $18.35,

Watsons, $9.80,

, SALES

China Lights (Old), $81. Electrics, $89/68.

Telephones (New), $12/11,90. Cernents, $20.20.

Watsons, $9.80.

り

MANILA GOLD SHARES

COTTON TRADE AND

WAR CONDITIONS

The present position of the cotton industry, the incidence of the Excess Profits Tax, and the importance of "unity on the Lancashire-front" were referred to in the presidential address of Mr. Francis Grandy at the annual meeting of the members of the Manchester Chamber of Commerce.

"Our export trade customers," burden of taxation which the war he said, "may safely be assured rendered necessary, and any Te- that we certainly intend to do presentations, they might make everything possible to serve them about Excess Profits Tax would well in spite of the war. I think not be inspired by a desire to they will be well advised to buy shirk financial responsibilities.- as steadily as they can: All the It was, however; important that precedents show that war condi- a heavy and onerous tax of this tions tend to strengthen world nature should be so devised as to demand.

fall equitably upon all taxpayers, "Our prices are controlled at and it would be mach against the yam end already and may be the national interèst " It were further controlled. but buyers left as it now stood when unques- would do well to remember that tlonably Industries like the cotton in similar circumstances in the trade, which had passed through past world price tendencies have a period of great, difficulty just usually been upward. Further before the war and were weaker mone, it may be well to bear in on this account, should be more mind that cotton goods have been heavily penalised than others very cheap compared with other which were really more fit to commodities for several years bear the burden,

past."

1

The distribution of, cotton goods overseas Was intricate task,

and the alm should be to avold any dislocation of the usual chan- nels of trade.. The looseness and flexibility of the channels of

and

would be resisted.

EXCESS PROFITS

Chilean Wool

For Britain

NEW YORK, Feb. 23 (Reuter)-|

an

Atoks 18s, Antamok 15s, Bagulo distribution could not help pre- The Dow Jones Agency states that Gold 20s, Batong Buhay 011s, Bissenting difficulties to any con- the Chilean Consulate-General in Wedge 20b, Coco Grove 134s, Con. trolling authority, Mines 0030s, Demonstration 114b, might be a temptation to regi-Chilean Exchange Control Com- there New York announced that the East Mindanao 10s, LXL. 358. Ipo ment everything unduly. If such mission and representatives of the Gold 10lb. Itogon Mining 288 a temptation arose he trusted It British Government signed Manbulao Con. 014s, Masbate Con 094s, Mind. Motherlode 10s, Mine

agreement whereby Britain will Operation 10b, North Camarines

buy wool to the value of £800.- 0945... Paracale Gummaus 22s, San

Discussing the Excess Profits 000 in Chile. Mauricio 778, Surigao Con. 18b, Tax, Mr. Grundy said it should be The exchange balance thus Suyoc. Con. 12b, Syndicate Inv. made clear that there was no recreated will be liquidated by the 022b, United Paracale 274s. Ben-luctance on the part of the purchase of British merchandise. guet Con. 5.853.

business community to bear the

| HONGKONG

ASSOCIATION

SHIPMENTS FROM AMERICA SHAREBROKERS TO SOVIET BEING RESOLD

TO NAZIS?

BRIGHTER TONE ON

Volume of Business Transacted

on Wednesday, Feb. 28, 1940 H.K. Banks

2 $1,470.00

Cements

100

$20.00

C'ements

250

20.00

471

STOCK EXCHANGE

China Lights (O.)

100

8.75

822 00 $6.10

QUESTIONS ASKED

$23

IN COMMONS

#12)

$7.40

LONDON, Feb. 28 (Reuter

(Did)

$1.25

Constructions (DOW)

quieter session, the markets China Lights (0) brightened up in the anal stages, China Lights (0) Answering suggestions made at with gut-edged and home rails China Providents question time in the House oftending to improve.

China Lights (0) LONDON, Feb. 2 (Reuter)-On! China Lights (0.) the Stock Exchange, after

China Lights (O.)

100

8.75

100

8.70

2

500

8.70

300

8.65

"

500

8.80

500

5,00

China Providents

2,000

4.95

#9.60 $9.80 $0.80

$1.80 Bisoara

Watsons

Lane Crawfords ..... Nanyang Tobacco ...

5.00

83

300

23.50

$2

$0.80

300

9.80

23,50

50% Ch. G.6%, 19960:

Bds.

500

25

23.50

$100 H.K. GUT, 4% Lowas 896 H.K. Gort, 11% Loan

100%

500

68.25

96%

200

68.25

#41 H.K. Wing Ou

41

200

.9.70

S'hai Wing C

$10

**

150

9.60

#a

Vibro Piling...

$0.10

14/9

200

Karumans Inv. (Lon.)·

18.25

4.

Maramans Inv. (H.E.)

31.

Wm. Powells............ *Balan to Shanghai

$1

The bulk of the business was Taumati Ferries mainly speculative and the turn- over amounted to 525 tons. Wall Street was steady.

100

28.00

8,427

The total balance is 18,697.50.

THURSDAY,

FEBRUARY 29, 1940. -PAGE 9

COURVOISIER

THE BRANDY OF NAPOLEON Fournisseur breveté de DM. l'Empereur.

COGNACS ET FINES CHAMPAGNES

DODWELL &

CO., LTD.

COAL FIRES

BURN BRIGHTEST & LONGEST WITH

HONGAY EGG COAL

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Feb. 27. (bearer) ain The following quotations are the Chosen Corporation middle prices at the close of the Pekin Syndicate market in London. All quotations are subject to confirmation and no responsibility is assumed for errors. in transmission.

War Loan, 3% (Red

after 1953).

13

6/5

1/6

991

Canton-Eloon Rly. 5% 18 Chinese 44% Gold Loan...

'hal Elec, Constr. Co. S'hai Waterworks "A" Union Insurance Gula Kalumpong Rubber 21/101 Allied Ironfounders

14 Asso. & Elec. Industries 42/41 Austin Motors, ord. ....... 16/9 Cable & Wireless, New

Form, ord.

15

131

23

B.-A, Tob, (bearer) ...

641 102/6

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

1925-47

Chin, 44% Anglo-French

Loan, 1908

Chinese 5% Crisp Loan.

1912

30

3 2 3 2

80

Mexican Eagle

12)

Cammell Laird, ord.

8/41

50

Mexican Eagle

8/41

Courtaulds

37/9

50

Distillers

69/6

Dunlop Rubber.

34/3

Gen. Electric (England) 82/4) Gulaness (A) Sơn 2 Ca

75/8 Hawker Siddeley Airc.... 14/9 Bristol Aeroplane

16

Commons yesterday that Ameri- Olis maintained their earlier China Providents ...2.000 can shipments of tin, oil and rub. gains, but Industrials moved me- HK, Docks ber to Vladivostock might

be gularly.

H.K. Docks Kafirs were very quiet, pending HK. Docks finding their way to Germany, Mr.

B.H, Cross, Minister for Economie the presentation of the South H.K. Electrics Warfare, said he was aware that African Budget but among com- K. Electrics shipments of tin and rubber from modities, tin was strong and A.5. Watsons America to Russia 'had increased active, following Monday's reduc-, A., Watsons in the past few months, but shiption of the quota.

H.K. Tramways ments of petroleum appear to have decreased.

He had no information whether' part of these materials were being resold to Germany.

U.S. POSITION

Mr. G. le M Mander (Lib,) sug- gested that the Government should obtain assurances on this point from America

Mr. Cross pointed out that the United States was a neutral coun- try. He did not feel that it would be our best course to make such a direct approach

NO EXCLUSION

Mr. le M. Mander recalled that negotiations were proceeding with a number of neutrals to prevent this kind of thing and asked why the United States should be ex- cludea

Mr. Cross said that the coun- tries with whom these negotiations were proceeding were subject to our contraband control, but there was no such sanction where the United States was concerned,

WAR MATERIALS

28 LONDON, Feb. (Reuter)-- .Russian imports of war material was the subject of a question in the House of Commons yesterday by Rear Admiral Beamish, reply ing to which, Mr. Cross stated that Russian imports of war material, except from Germany, appeared to have been considerably reduced in recent months.

SHOE CO.LTD

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

Her EYES Won Him

CLEAR MILKY WHITE LUSTROUS THOUSANDS CLEAR EYER, The Sounds. How Long Way

yes reddered or promtrently, vined by laža hours or over-indulgence-show all of its now GENE. And what wildermos when whites are dime cheer them in seconded With new scheuthe EYE werklige whitel: Money back if it falls. Refrabes Boother Ued aye like magic. Stalniem-mín. Chat:: EYE GENEL any drag or department store.

Imports of certain raw material, EYE-GENE

rubber, copper

and

molybdenum, during the period

September to Jandary. were,

Chinese 5% Reorg: Loan,

1913 Ldn. Is.)

40

Chinese 8% Ster: Notes.

1925 (Vickers)

12

Chin. Imperial Rly, 5%

Loan

65

Imperial Chemical Ind. 32/10), Imperial Tobacco.

123/9 Marks & Sp'cer "A" ord. .54/14

Honan Rly. 5%

18

Rolls Royce th

89/41

Hukuang Rly. 5%, 1911.

19

Leyland Motors

73/11

Hukuang Rly. 5%, 1911

Tate & Lyle

55/3

(German Issue)

17

Turner & Newall

66/10

"Lung Tsing & U. Hai

United Steel

23/0

Rly. 5% 1313

14

Smethwick Drop Forg.

15

Bhai-N'King Rly. 5%

20

Armstrong Stevens, ord.

8

Hcluding

Tientain-Fukow Rly. 5%

Pressed Steel, com, ......

16/6

(Brit. Stpd.)

18

Vickers, ord.

21/41

Tientsin-Pukow Rly. 5%.

Woolworths ............

05/6

(German Stpd.)

16

Anglo-Dratch

Tientsin-Fukow Rly 5%

(Brit. Stpd. Supl Loan) Tientsin-Pukow Rly, 5%

(Ger.Stpd. Supl, Loan) Jap. 5% Ster. Loan, 1007 52 Jap. 8% Ster. Loan, 1924 | 55 Ger, 7% Intl. Loan, 1924 -71 Chartered Bank ...

HK. & Bhal Bank (Lan.

Reg.)

HK. & 8'hal Bank⋅ (Col.

Regi

· Chinese; Eng. & Mining

Rub, Plant. Invest. Trust

20/1} 34/41

same period in 1937-38.

16.

Burma Corporation

Commonwealth Mining

18

Marsman Investments Randfontein Estates Western Holdings Sub-Nigel

9/71

14/9 35

METHOD OF ENTRY These imports entered

the

TESOROPOLONDON

Tanami Gold Mining.

13/11 185 Bd.

Anglo-Iranian

Burmah

58/9 72/8

Shell Trans, &z Trad.

(bearer)

79/46

*-Nominal

Obtainable at all

FOR PARTICULARS PLEASÉ APPLY:---

SZE WAI & COMPANY

42, BONHAM STRAND WEST

TEL. 22194 OB 25009,

•Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

EAT AT

Jimmy's

BUTTERICK LADIES TAILOR

Winter Sale

Ready made Overcoat and Dresses made to order," No. 18 Wyndham Bt. Tel. 23815.

Flower Bulbs

of

however, larger than during War leading Drug & Department Stores Gladioli and Begonia

Bole Distributors: UNITED TRADERS Hong Kong.

Soviet Union at Vladivostok and IMPORTS TO BRITAIN came. from the United States directly, or through Mexico, from the Philippines and from the Dutch Indies...

FROM FRANCE LONDON, Feb. 28, (Reuter): Following the recent understand The ships employed appeased ing between, Britain and France, mainly to be Soviet, Dutch, Ja- the Board of Trade announced paneme and Norwegian. These that they had arranged for s ships do not pass through the substantial, relaxation in restiric- British Contraband Controls tion on imports from France.

Deal

direct from

Holland

obtainable at

GRACA

&

CO.

Dealers in Garden Seeds, Postage Stampa. Picture Books etc., etc.

No. 10. Wyndham Strest.

Hong Kong. Established 1896.

YOU CAN NOW FAT:-

לי

MARBLE HALL

(and Annexe Private Hotel); 34, Granville and 103, Austin. Roads, Kowloon, tennis courts. Beautiful garden. Rooms and suites with private bathrooKILS, All modern conveniences. Apply proprietress, 103, Austin Road. Phone 50233 and 34, Granville. Road. Phone 58433.

HOTELS

COOKED IN THE

RUSSIAN FOOD 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

54 Des Voeux Road C.

ENGRAVERS ::

FEI FEI & CO. Photo Engravers 18, Cochrane" Street, Telephone No. 22224.

TEA DANCE JA. DAILY

1

5 TO 7.30 P.M. MUSIC BY THE METROPOLE BWING BAND

Telephone 24311.

AUCTIONEERS

GREATEST COLLEC SHON DE

BARGAINS ÎN TOAL

LAMMERT AUCHON BOS Last