1940-03-20 — Page 9

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HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE -

SHAREBROKERS' ASSOCIATION

Bayar Galler

مولداخ

Sota TUESDAY 19,

MAR.

Bager Baller Salon Nominal

Bankc

$1493

#1400/ 1800

£1 } £49

BON

$188

$5.20

⠀⠀

E.K. Banka

Do. (Col Reg.)

£ 9 3/16 Chartered Banka

31 Mercantile Bks. "A" £125 Marcantile Bk ""C Bank of East Asia ...

N. C. & 3. Banka ... Insurances

$71

2391

B.I. Firs

Canton InsurRMORE VA

Union InrogLACES

Underwriteks

$1400 $1505

2911 £93 £9 8/18

£311 List $77

150 ata

$2321

$:05

2318

*****

90 ota

$187}

-$150-

$10

$100

$120

Shipping

$150 DongIssI

$10 Steambosis

$100 Indo-Chines (Prof.)

$80

Indo-China (Del.)»«,

78/11 Shells

STR

Watarboste

$7.40

Docks, Wharves,

Godowns, etc.

$108

H.K. & L. Wharves $107

$109

$108

801

Providente

Providente (new)

HI. & W. Docks...

$234

Do. (0)

823 $231

நடிம்

$37 Shanghai Docks ....

New Engineerings

Mining

19/0 Kila da

$9.60 Raabe pana Vanesala Gold Fide

4 cts Hong Kong Minen

Lands, Hotels and

Buildings

H.K. Hotelin

!!!!

$38

19/0

$10

$34

$5.60

35.65

$37.00

$37.9038. H.K. Lande

$38t

$100 Do. 4% Debusduras #15.40 Shanghai Lands 8.

$100

-84.95 {B.X,” Baalties in

$5.10

$71 Humphreya nini

$105 Chinese Estates

Cotton Mills

$42) Ewo. (8.)

$170 8'hat Cottone (8.)

1421 $179 $85

$100

$18 $18.10

$68

$88

$37

Fas

China Lights (New)

China Lights Rta,

$5.35

$8.35 તું..

•

#63

$29

Macao Mactros

$30.20

$30

$11

809 $68

$11.70

$30

20,9

$6.36

$681

#97)

18.15

$86 Zoong Sings (8.) ....

148) Wing On Textilne (9.)

#8.30/(35 $5.40/61

Public Utilities

Tramways ..

Pask Tram (chá) {Peak Trime (new)

Star Ferrie

{Y'mati

inati Ferries

Do. (w)

Chins Lights (0)

$19,60

H.K Electrice ......

#il) Sandakan Lights ...

Telephoon (chl)

{Telephonse (new)

20/9 Tractiona

23/0 Tractions (prof.)

Industrials

814,90 Cald., Macg. (Ord.) 8.

$12

Cald., Macg (Fref.) B.

Canton Ioss

Cementa

$5.05 98.10 85.90/6.06... Bope vundet.

Miscellaneous

123

$221

$7.40

FINANCE

Finance and Commerce

BRITAIN'S NEW WAR LOAN

OVER SUBSCRIBED:

OF FUTURE GOVERNMENT SECURITIES

SIR JOHN »SIMON'S STATEMENT IN COMMONS

LONDON, Mar, 19 (Reuter)-1n the House of Commons yesterday. Sir John Simon, Chancellor of the Exchequer, announced that, tho three per cent War Loan had been over-subscribed.

ISSUE

10,000 TONS OF OIL FOR NAZIS

SOFIA." Mar. 19 (Reuter)— The Bulgarian reaches of the Danube are now. Ice-free,

ΟΙ Ten - thousand tong Rumanian and Søvlet oll for Germany, which were recently held up at Varna are now being transferred for transport to its destination.

ANGLO - SPANISH TRADE PACT SIGNED

MARID, Mar. 19 (Reuter)-The Agreement Anglo-Spanish Trade

CONTROL OF IMPORTATION

OF FOODSTUFFS

WEDNESDAY, MARCH 20, 1940. —PAGE 9

TRANSPACIFIC CLIPPER SERVICE ACHIEVES 300 PER CENT. INCREASE

In a year marked by the setting of new records in all cate- gories of international dir "transport operațion by Pan American Airways System, the most spectacular gains were on the ocean services across the Pacific and the Atlantic, according to an announcement by the company. The Clippers flying from Call- fornia to Hawall and the

Food Ministry's New Orient showed an increase, for the

Order

last three months of 1939 over the

anal quarter of 1938, of 310 per- cent in passenger miles, and 303 LONDON, Mar. 19 (Reuter) per cent in the number of passen- The Food Ministry has decided to gers carried. take control of imported food-}

These increases were attribut- stuffs generally and 2 general able to the Increased capacity order will be published in Mar. 21 afforded by the placing in service prohibiting Imports of all food-during the year, of the huge 415 stuffs, including feeding-stuffs | ton Honolulu Clipper and Call- for animals, except under licence |fornia Clipper, sharing the opera- The only exceptions are wines, tion with China and Philippine spirits, fresh and cured fish, and Clippers to meet the demand for live animals.

increased service, for mail, pas- sengers and express over the 9,000-mile route to Hongkong

TRAFFIC: GAINS Statistical information on

OPEN LICENCES

曠

FUTURE ISSUES Referring to the issue of Gov-

The order will apply to ali ernment securities in future. Săr

foodstuffs not already subject to John Simon said that the policy

ilcence, which were despatched of the Government was to aim at has been signed.

after Mar 20, and which arrive in stability of interest rates and to "According to a statement issued Great Britain after Mar. 27. secure that the yield offered on by the Spanish Foreign" Office the future loans of whatever type Agreement, which comes lato

Open general licences will be la should, after making due allowance force, immediately, will allow sued permitting; until further for such factors as the periods of Spain to acquire raw materials in notice. importation, without separ the loans, be in agreement with determined quantities. not in ate licences, of consignments of a the level of Interest rates estab- the United Kingdom, but in the number of classes lot foodstuffs, lished by the terms of the recent whole sterling area.

including bananas, fresh fruits. two per cent Conversion Loan and

trade jams, chutney curry-powder and three per cent Loan just !ssued.

MINIMUM PRICES

In these circumstances, Sir John Simón welcomed the action taken yesterday by the Committee of the London Stock Exchange in an- nouncing a revised list of minkoum prices for Govemmenet securities. The new minim bore a closer relationship between the existing prices than those fixed on the outbreak of war and might be taken as evidence of a desire on the part of the authorities con- cerned to co-operate in the policy of maintaining the interest rates at the present level.

Sir John Simon added that larger applicants had been allotted about eighty per cent, and concluded: "I shall want some more later on."

INDIAN INDUSTRIAL DEVELOPMENT

NEW DELHI, Mar. 19 (Reuter-

Scientific Industrial

Spain has also signed a agreement with Switzerlarid

shell-fish.

MALAYS WANT NO

COLONIAL GRANT

That the Malay States are at present not in need of any Colonial Office grants whatsoever but that Malaya desires to so invest her surpluses as to improve "the poor and depressed con- dition of the son of the soll, their health and their industries" is the opinion expressed in a leading article in Majiis, a lead-" Ing Malay paper.

the

NO SETBACK IN GILT - EDGED TO

BE PERMITTED

LONDON, Mar. 19 (Router)-The, new minimum prices fixed by the Stock Exchange virtually · pledge British authorities not to permit " an appreciable, gilt-edged setback. even temporarily, while there is every intention for procuring fur- ther advances' opportunely.

Freights and commodities were weak on the peace scare yester-

day.

-1.

NETHERLAND'S IMPORTS The huge Netherlands soya bean entire system's operation. shows Imports for instance in January, that the fourth quarter of the exceeded normal. But the British year was unique in trame gains. authorities are satisfied that they as a are for the Netherlands and not For the 62,000-mile System whole, there was an increase in for

Germany. They are from passenger miles fown of 43 per America, and not Manchuria, and cent from 20,980,875 in the final the Increase is fully offset by quarter of 1938 to 29,392,887 in the lower Netherlands imports of nil. corresponding period of 1939. seeds, including linseed. This was accomplished with an increase of only 13 per cent in

RESTRICTED BUSINESS LONDON. Mar 19 (Reuter)-On plane miles flown for the res- the Stock Exchange business was pective quarters, from 3,225,532 | restricted by the uncertainty con- In 1938's fourth quarter to 3,643,357 | cerning the diplomatic moves in in the same period of 1939, in-†Europe and the surprise announce- dicating an mcreased intensity of ❘ment of fixing new minimum air line travel during the year. prices for gilt-edged.

Passengers carried, in contrast Prices in most sections pased, to the 43 percent increase in pas-but offerings were only moderate senger miles, jumped 17 percent Indian gold minings depressed In the last quarter of 1939, which on unconfirmed. reports of a reflected. along with

greater Mysore tax on proceeds of gold length of trips, generally,

the sales... addition of the Transatlantic ser-

Dealings started on the new vices to the System's routes in War Loan at par to a quarter dis». 1939 and the placing in service on count and closed at three-eights the Paclic of the 41 ton super- discount.

Wall Street was easy. Clippers

Since hostilities in Europe

last

there September dozen has been a growing trend on the

The paper adds that though the have been under the protection of new policy is sure to be welcomed the British, yet there are only with pleasure and gratitude, so far about two dozen Malays in the as the F. M. S. is concerned, it is M. C. S., one Malay in the Colonial began

service unnecessary to secure a grant for legal

half its improvement, as she is capable Malay police officers and one part of Americans to confine their Americas. travelling within the of looking after her own deve- Malay electrical engineer.

trend is reflected in the lopment without any outside help." so long as she is under British protection and guidance,

IMPORTANT THING

"Indeed, this is the reason that This makes the Malay feel depressed operation figures for the full year and disheartened especially when 1939 contrasted to the gains made he ponders over the question of in the year's. final quarter: In their being completely overpowered passenger miles the year's gain Continuing, Majlis says that the in commerce and industry through for the System was 25 per cent. lack of knowledge in business and over: 1938, whereas it was up. 43 per cent. for the comparative final lack of capital.

quarters of 1938 and 1939."

thing that is .DI BEV

On April 1. the Government of only India will establish a Board of importance 2: present is to

Research,

introduce a policy which will be which will advise. Government of benefit to

the Malays, the about the lines on which such original inhabitants of the country $2 $10.85 research should be conducted to ensure development of Indian in- 514%

140. dustry. 954% 841

819.60 $19.50

Dairy Farm (Old)

Dairy Farm (New)

823 €22)

܊܂

Cho B'tainmente ...

87.40

814

Constructions

(old)

$1.85

Constructions (DOW)

271

Lane Crawford.....

Nanyang Tobacco ....

· 831

$1.60 Bincere

$10.65 Watsons

5147 Ch. G.6% 1996G #Bds.

-$101) H.K. Gori, 4% Loans

395 B.K. Gort.

Lon

841

H.K. Wing On

Bhat Wing On

812

Vibro Piling.....

$81

14/0

Maramana Lav. (Loa.}

Märsmana Inv. (H.K.)

Wm. Powells

-Bains

lo Bhanghal

LONDON STOCK EXCHANGE

(REUTEE'S SERVICE)

London, March 18. Chosen Corporation

Particular attention will be paid

to the effect of war conditions.

"Apart from that the highest standard in vernacular study is only up to the fifth standard. which we are sorry to say is of very little importance in the social evolution of this country.

•

ANGLO SPANISH

TRADE PACT MADRID, Mar. 19 (Reuter)The signature of the Anglo-Spanish Trade Agreement was expected to be "announced last night, "

the quarter. 62 per cent. for the year.

air

MORE PASSENGERS

No comparative figures for In miles flown, the gain was 7 per Atlantic service to Europe exist, Although the new.policy is of

cent, for the year against the 13 since -service began in May of far-reaching importance in the

per cent, gain för the quarter. In 1939, The Bermuda service, which development of the poorer Colonies,

passengers carried. the airline was inaugurated in 1937 showed a the paper says. "we cannot, help "We. stress this sincere opinion showed, a gath of 11 per cent. for gain of 91 per cent. In passengers feeling that the Malay States are of ours only with a view to show the year against 17 per cent. for carried in the fourth quarters, 85 not in need of any grants Ing the attitude of the Malays re- the final quarter.

per cent. for the year. Since in- whatsoever.

garding the matter, while it is This trend in the System as a 'auguration of Transatlantic. "In fact, what she does really clear to us how keenly interested whole was present in the Padfc|mall service to Euope and the desire is to invest her surplus Great Britain is in improving all as" well-thi gain in passenger opening of the route to passen-" income for the improvement of the her Colonies,

miles of 310 per cent, for the analgers, the big Clippers, on twice- Business was on a restricted poor and depressed sons of the "We sincerely hope that any new quarter of 1939 may be contrasted weekly schedules, have carried scale. One reason for this would soll; health and industries.

policy to be introduced in the with the gain of 85 per cent, for nearly 2,000 passengers and more. appear to be that sellers are not "Just consider that for nearly States should be carefully con- the year as a whole. Passengers than 50 tons of international air disposed to lower their prices, half a century the Malay States sidered firat.”

carried increased, 303 per cent. tor mall. This is well borne nut by the prices paid for such transactions

H.K. STOCK EXCHANGE

... 60

The following quotations are the Pekin Syndicate middle prices at the close of the 'hai Elec. Constr., Co. market in London. All quotations S'hal Waterworks "A" .. are subject to confirmation and no Union Insurance

1/6

as recorded during the day.

BUYERS

Allled Ironfounders ......

War Loan, 31%

after 1952) Canton-Kloon Rly. 5% 15 Chinese 41% Gold Loan "

(Red

14 Asso. & Elec. Industries 42/1 Austin Motora, ord.

981

Cable & Wireless, New ·

Form, ord.

B.-A. Tab. (bearer) ..............

101/3

1898 (Brit. Issue) .......

Mexican Eagle

12-5/8

Cammell Laird, ord.

7/42

Mexican Eagle

8/41

Chin. 41% Anglo-French

Courtaulds

Loan, 1908

-50

Distillers

66/8

Chinese 5% Crisp Loan.

1913 (Edn. Is.)

Dunlop Rubber

Gen. Electric (England) 81/14

Chinese 5% Reorg. Loan.

Guinness (A) Són & Co.

77/8

1912

Hawker Siddeley Airc.

13/71

Chinese 8% Eter. Noter.

Bristol Aeroplane

15/9

1925 (Vickers)

101

Imperial Chemical Ind.

31/1

H.K, Bank, $1500.

Chin. Imperial Riy, 5%

Loan

Imperial Tobacco......

118/0

Fires Ins., 3187).

57"

Marks & Sp'cer "A" ord.

51/7

Rolls Royce.

91/3

Docks, $234.

Leyland Motors .........

Hukuang Rly. 5%, 1911

German Issue).

Tate & Lyle

54/9

Lands, $38.

responsibility is assumed for errors Gula Kalumpong. Rubber 20/7 in transmission.

Chinese 5% Gold Bonds.

1925-47

Honan Rly, 5%

Hukuang Rly. 5%. 1911...

འཕག

Docks. $23.

Providents, $5.20.

Larids, $33. Realties, $4.95. Tramways, $18.

Star Ferries, $67).

China Lights (Q), $8.20,

China Lights (N), $5.40. H.K. Electrics, $684 Entertainments, $7.40.

Docks, $291.

Hotels, $51.

SELLERS

Lands, $38. Tramways; $18.20. Yaumati Ferries, $274. Telephones (O), $30), Ropes, $8.05.

SALES

Wharves, $106.

Providents, $51.

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

CANDY

BRITISH - AMERICAN STORE best shop to buy your Easter Eggs, Novelties, English and American Sweets Fine Chocolates! NOW EASTER: IS NEAR, 15, Fot- tinger Street.

1940-03-20 — Page 9

Comments

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