1940-04-01 — Page 8

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK KICHANGE

"Bayard | Bellora

SHAREBROKERS ASSOCIATION

Bales Nominal SATURDAY 30,

it

1400

003

MAR.

Banks

H.E. Bank

Do. (Col. Bag.)

Do. (Low. g.) ...

Chartered Banka in

--

£93 £at

E3i

Marcantile Eks. "A'

219

Mercantile Bka, "0"

$71

Bank of Bank Azis ...

N. C. & B Banks

Insurances

$232 Canton Insuranc

|Union, InstrKROME

Underwriters

HE. ·Flea

Shipping

$150 Doaglan

$10 Steamboat

$100 Indo-Chinsa

$90

(ret.)

Indo-China (Del.)...

Waterbond

Bugars Balleri Bala Komina)

78/9

Bhalls

#71

$7.40

Docks, Wharves,

Godowns, etc.

$108

$107

84.70 Providents'

$1500

**** 1469 !

⠀⠀!!!!!

90 eta

BA

mang gi imun

510/1508

$180

$180

$180

#211 $22

!!!!

$5.20

1:44

H.K." X. Wharves

Providenie "(DW)

H.K. Docks C. RTS... #211

819H.K. Docks X. Rta....

$7

#38

do Rts."

Shanghai Dooks $....

19/0 Kailas

Mining

$9.00 Raube qui

34

Vabernals Gold. Fide

cts Hong Kong Mina... Lands, Hotels and

Buildings

R.K. Hotels

837 HLX. Loods..."

$100 Do. 4% Debenieres

$14.80 Shanghai Lands

$4.95 H.X. Essling

$8

HumphreȚI ----

8103 Chines Estabe

Cotton Mills

8452 Ewe (8)

$100 B'bal Colione (6.)

$65 Zoong Rings (8.)

$481 Wing Da Textiles (8.)

Public Utilition

.$8.10

$5.35

⠀⠀

!!

£93

£19 $71

50 cts.

$239

$500

$187

$156

$101

$100

120

78/0

X.D. $41

#191

8381

19/0"

+

$31

$6.20

$37

#100

30

$8

!!!

**

$48

$179

$60

$100

$17) Tramways *****

#17)

85 Pak Tesme (old)

34 Pank Treme (wow) .......

$68

Star Ferring

น $68

$26

V'mati Ferring

$26

Do. (new)

Chias Lights (0)

88.10

China Lights (New)

$1,35

China Lights Rta.

$65 H.K. Electrics ........

#65)

$22 Mano Electrion

$11

$30

#991

$114

Bandakan Lights Telephoner (öld) ros |Telephones (new) 100

300

$10 $1

20/9

20/9 Tracticing ....

23/0 Tractions (prof.)

Industrials

$14.90 Cald., sog. (Ord.)'B.

$191

$11

nunun meni du annuin

| 312

81

Cald. Macg. Fruf.) B. Canton Tow

36.80

Ropes

Camarode

Miscellaneous

$19 $19

$3.60

Dairy Farm (Old)

8214

Dairy Farm (Now) »

$6,70

Ch. Ě'tainmente

$6.70

$11

Constractions (old)

$1.85

→ 91

Constructions (new)

#71

Lane Crawfords .....

Tobacco Nanyang

$9

$31

X.D.

32 $9.10 XD. #104| C.D.

1017 2612

$1.80 BinosrES

514 Ch. G.5%, 1995 $3ds. $102 H.K. Górk 4% Loma $06 H.K. Gork #% Loan

841 H.K. Wing On

--

'bal Wing O******

28 Vibro Piling

13/9

4/+

31

| Karımanı Inv. (Lon.)

Maramana Inv. (H.K.)

Wm. Powell cameras 10 Shanghai

ممنوعه

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, March 29. Chosen Corporation The following quotations are the Pekin Syndicate ........

- middle prices at the close of the 5'hat Elec. Constr. Co. market in London. All quotations S'hal Waterworks "A"

Union Insurazico are subject to confirmation and no. responsibility is 'assumed for errors Gula Kalumpong Rubber, 19 ..in transmission.

FINANCE

Finance and Commerce

COLONY'S RECORD YEAR:

SURPLUS OF $3,520,936

The Bongkong Government during 1939 converted a bud- geted estimated deficit of $2,500,000 into an actual surplus of· $3,520,936, making a complete turnover, so far as the estimates were concerned, for the year of over $6,000,000,

Fund"

New Control Regulations

MONDAY, APRIL 1, 1940-PAGE 9

柔

ALLIED SCIENTISTS

AND WAR EFFORTS

counter-weapon

TELEVISION INVENTION

1

20

The scientiäc

In the House of Lords, Lord Strabolgi asked the Govern- ment whether there was a central organisation clearing- house for the examinations and test of discoveries, new inventions and improvements of material which might be of use for the successful prosecution of the war. Was there now in existence daily conversations were a feature as in the last war B sceret or the work of the directors of Anglo-French Inventions research. "There have been na STRICT WATCH ON Joint

Committee? The French explosives, surprises or partial surprises so THE STERLING

were the most powerful fri the far that are not being resolved The Government finished the year in the happy position

LONDON, Mar. 30 (Reuter)-tm-world, and he was sure the French with the greatest rapidity by our portant new regulations aimed at would be glad to give us the in- present methods he declared. "of increasing the estimated revenue to $6,220,431, whereas ex-

penditure exceeded the estimate only by $191,893.

a stricter control of sterling in the formation,

Mutual exchange of scientific exchange market have foreign

Two new weapons had been knowledge over a wide fola was Incidentally the 1939 revenue count, $8,396.50244 Note Security been announced.

used in this war so far. There was, concerted and already in progress, exceeded the 1938 ngure by Fund. $1,622,272.19 Nickel Colnage

Under an Order In Council, - the magnetic mine, to which the between the British and French $4.742,198, but the expenditure Security Fund, and $392,727 for rangements have been made to Admiraly had an antidote, and Governments before the outbreak was only $773,218 in excess of the special funds, which include the ensure that the proceeds of the also the Germans apparently had uf war. On both sides of the 1938 aggregate.

King George V Memorial Fund sale of certain exports from this a rather more powerful explosive Channel members of the scientine. On the revenue side, every ($158.368.58) District Watchmen's country and the Empire will be than was used in the last war. organisations of the two countries head, save the Kowloon-Canten | Fund ($114.851.31) Education collected in the foreign currencies "I would have published the were workmg. ba scientific Railway and Interest showed in- Scholarships

(86,220.41), required for essential Imports of detalls of the magnetic mines to establishments. creases over the 1038 Agures. Chinese Public Dispensaries Fund foodstuffs and war materials. Duties yielded $11,156,449 as aga- ($33,160.07), and Praya East · Re-| The goods affected are rubber, the world." he added. "so that the efforts of both countries had been Inst $9,105,121; Licences and other clamation Fund ($127.10),

scientists of the world could "com- pooled. tin. Jute, whisky and furs. Until internal revenue brought in $18,-

"We have a complete exchange The Liabilities totalled $12,393.-now exporters have been required bine their brains to discover the 454,986 compared with $15,098,620:760.89, against which were set as-to" deliver to the Exchange Control

of scientific information," he said. "Rather than have formal Post Office increased from $2,918, sets amounting to $29,484,931.82. against payment in sterling any 028 in 1938 to $3,120,758; rent of These, included cash, and fixed foreign exchange received in cer- Lord Chatfield, Minister for the machinery we have arranged for Government" property. land and deposits aggregating $8,095,306.39, tain specified currencies.

Co-ordination of Defence, replying, direct liaison atween experts on houses amounted to $2,044,106 as Advances. pending reimbursement They have been free. however, said that the selentinc talent of both sides an all scienting matter; against $1,899,215; Land Sales from the 3 per cent. Dollar Loan to sell their exports for sterling this country was fully mobilised to of high importance. I am person- totalled $2.139,818 compared with and the proposed new loan, $18,- obtained in foreign markets, and the best and fullest advantage. It ally engaging my attention on an $1,199,510, although the 1939 610,786,71, and investments on no surrender of foreign exchange included many scientists of the extension of this liaison."

The question of rewarding. figure included, $839,704 from the account of note issue and nickel to the Control necessarily result- highest status. Government House and City De-oinage amounting to $8,018,774. ed. That loophole is now being The striking advance in all inventors and safeguarding their velopment Fund. Without this the 63,

position if the Government used land sales for 1939 were just

LOANS REPAID

NEW TOKYO

endeavour 1.ad been fully reflected their brains had been under con- about equivalent to those of the

The account of outstanding |

in the armed forces of the Crown sideration, and it was very likely previous year,

loans repayable to the Colony

MOVE

Each service department and that the same machinery would shows that while $122,583.23 was

the Air Raids Department of the be adopted as was satisfactory in TOKYO, Mar 30 (Havas)—A re- Biggest increase on the

ex-Tepaid during 1939, there is still a

turn to the yen-sterling link, in

Ministry of Home Security had the last war the creation of a Awards to penditure side for the year was total of $274,035.11 outstanding on stead of the yen-dollar link, ad-

its own organisation for consider- Commission

inventors."

"The existence of such a com-' for charitable services which ag loans which aggregate $396.623.34. opted last October, is advocated in ing inventions and passing them

compared gregated $1,183,542,

During the year the final pay-industrial circles here."

to the appropriate department. with $480,329 in 1938. Expensesment on one $28,000 loan was bald

It is feared the sterling drop. The Government considered that mission would constitute a vers safeguard of the for the Colonial, Secretary's Office off.

If it were to last, could prove high- a central body would hamper necessary

interests of the small inventor and Legislature was also increas-

accounts ly detrimental to Japanese foreign rather than hasten matters ed by close on $200,000, while shows that the whole of the trade and would render practically

"Twenty or more inventions are while at the same time securing outlay on Hongkong defences, ex- Colony's Sinking Fund is invested impossible exports of Japanese cot- sent to my office every week." he uniformity of treatment to the cluding the military contribution in Empire stocks. These include ton goods to sterling bloc coun- added. "They are not all what more important class of invention, you would call high class. I have the use of which involved very to the Imperial Government, in- the British Guiana (1980) 3%, the tiles. creased from $329,903 in 1938 to Commonwealth

Australia The Yarns and "Cloth Exporters no doubt other members of the heavy financial commitments to $1,543,244 last year, This expen

1950/52) 31% Northern Rhodesia Association has called a committee Government have a similar post the inventer. diture included $846.356 for A.R.P |(1950/70) 53, Sierra Leone (1954) meeting for April 1, when the sit- bag.

One or two heads showed reduc- 3%, New Zealand (1949) 5% uation will be discussed. tors. the most important being Kenys (1950) 41%. India 1948/ for the Kowloon-Canton Railway, 63) 4% and Fife (1951/61) 43% which expended only, $727,687 last The cost price of these total £76.- year compared with $1,163,614 In 639-9-7d. and the market value at 1938. Miscellaneous Services also the end of the 1939 was £75,567-2- decreased from $3,040.662 to $1-70 636,825.

CHARITY COSTS

"The statement of

of

1:

SHAREBROKERS'

ASSOCIATION

ASSETS REACH RECORD The statement of assets and abilities of the Hongkong Gov- ernment for 1939. published in the Government Gazette, reveals that on December 31, the general, revenue balance was $17,091,170.73 A.S. Watsons.

The liabilities included $2,055,- 772.07, in deposits, $1,571,097.05 for Essential Commodities "R" Ac-

$12 MAY BE GLUT OF

1/6..

. 6/6

15

15‡ 23

VEGETABLES

Food Crops In Place

"Of Flowers

on

The possiblity of a glut of vege- tables this year is. being discussed by, those who grow food eropa as a means of importance not only to the growers

whom the markets depend for supplies; but also to those who in normal times make their living by cultivating flowers under glass. and out of doors for sale.?

The import of flowers, except under licence for limited quantities "from France, is prohibited, 'and the demand is expected to be re- 'duced. Flower growers are obliged [» to dévote part of their land to food crops..

County agricultural committees can, enforce the use of 50 per cent. of land previously devoted to the cultivation of flowers, other than bulbs. for the production, of food: crops. Twenty-five per cent. of the flower-growing area under glass must now be used for vegetables.

1,400,000 - ALLOTMENTS

Volume of Business Transacted on Saturday Mar. 30, 1940.

H.K. Banks.

HK. Banks.

*300* $10.50

10 1490.00

closed.

H.K. STOCK EXCHANGE

Nothing of any note was re- corded during a quiet morning's session.

SALES

HK Bank $1,490. Union Ins. 5508. Wharves $107). "Docks $22/21.80.

Watsons $91 x.d.

Entertainments $8.90,

MANILA GOLD SHARES

felds of scientific work and

of

When I was at the Admirat Grave Famine

we were working on television, hoping that we should be able to the the shot falling over enemy from the bridge of the ship by television,"

see

Situation In

North China

"After working on it for some

CHUNGKING, Mar, 30 (Central) years the scientists produced a television set which would occupy-A recent arrival from Hopel told the table in front of me. It pro- a Central News representative that duced the goods, but- would not the acute famine situation in go into an acroplane. We turned North China has claimed some I over to commercial work, and 3,000,000 victims in the southern that has been a much greater part of Hopel Province alone. The success."

total loss of property due to food

The scientific work of the three damages, is estimated at $1,000;- service departments was in many 000.

The Informant, who came to. Atcks 15b. Antamok 11b, Baguio respects so closely related that 107.50 Gold. 2115, Batong Buhay 011s, Big

== Chungking on behalf of relief

2 1490.00

HK. Docks.

100. 21.80

H.K. Wharves. .... Humphreys.

100 500

1012

6.05 Wdge 161b. Coco" Grove 10b, Con. lode 095, Mine Operation 084b, organizations in North China for Mines 00358. Demonstration 10b. North Camarines 044b, Paracale relief funds from the Government East Mind. 0915, IXL, 335, Ipo Gummaus 18h, San Mauricio 68s, authorities, revealed that the Cen- The total value is $37,985.00 | Gold 10s, Itogon Mining 201b. Serigao Con. 18s, Buyoc Con, 12b,tral authorities have already ap *Sale on Friday, March 29. Masbate Con. 0613, Mind. Mother- United Paracale. 221b, Benguet propriated a sum of $1,500,000 for

emergency relief, Con. 5.40b,

SHOE CO.LTD.

HONGKONG SUPPLIER ALL

KINDS OF FOOTWEAR

AUCTIONEERS

BARGAINS IN TOWN:

LAMMERTS BUCHTON BOUM la mort er sa

BEST

}

N Toto pana

CANDY, STORE

Press

Hongkong Daily

CLASSIFIED ADVERTISEMENTS

· ENGRAVERS

FEI FEI & CO..

Photo Engravers 18, Cochrane Btreet. Telephone No. 22224

IN

EAT AT

As a result large supplies of COLONY, WITH LARGE ASSORT- vegetables will reach the marketa MENT BRITISH-AMERICAN CAN- from the glasshouses and grounds DIES FRESH CONSIGNMENT of the flower growers, in addition NUTS. to the normal supplies market growers.

FINE

Jimmy's

YOU CAN NOW EAT:--

MARBLE HALL

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

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

TEA DANCE DAILY 5.TO 7:30 PM MUSIC BY THE METROPOLE

·SWING BAND

Allied Ironfounders....

£

War Loan, 34% (Red

after 1952)

14 Asso, & Elec, Industries 39/4! Austin Motors, ord.

17

981

Canton-Kicon Rly. 5%

15

Cable & Wireless, New

Form, ord.

601

Chinese 41% Gold Loan

B.-A. Tob. (bearer)

1898 (Brit. Issue)

58

Mexican Eagle

Chinese 5% Gold Bonda,

1925-47

| Cammell Laird, ord.

102/6 121+ 7/12

514

Mexican Eagle

6/14

Chin. 41% Anglo-French

Loan, 1908

Courtaulds

37

50

Distillers

07/3

Chinese 5% Crisp Loan.

Dunlop Rubber

33/9 -

1913 (Ldn: Is.)

Chinese 5% Reorg. Loan.

1912....

83

29

Gen. Electric (England)

79/10)

Guinness (A) Son & Co..

78/8.

Hawker Siddeley Airc.

13

Chinese 8%, Ster. Notes.

1925 (Vickers)

Bristol Aeroplane.......

101

Chin. Imperial Rly. 5%

Loan ...........

57

Imperial Chemical Ind. Imperial Tobacco Marks & Sp'cer "A" ord. 51/10}^

1573 31/9 "116/0

Honan Rly. 5% !...

Rolls Royce

01/3

Huknang Rly. 5%, 1911...

Leyland Motors

75/3

Hukuang Rly. 5%, 1911

German Lasue)

Tate Lyle

54/8

Turner Newall

Lung Taing & U. Hal

Rly. 5% 1913..... S'hai-N King Rly. 5%

21

285

65/4

United Steel

23/3

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)'

13

Tientsin-Pukow Rly, 5%

(German Stpd.)

13

Anglo-Dutch

Tientsin-Pukow Rly. 5%

(Brit. Stpd. Supl. Loan) 13 Tientsin-Pukow Rly. 6%. (Ger. Stpd. Supl. Loan) Jap, 5% Ster. Loan, 1907' 51' Jap. 6% Ster. Loan, 1924 544 "Ger, 7% Intl. Loan, 1924 72 -

Chartered Bank

Smethwick Drop Forg. .....* Armstrong Stevens, ord. Pressed Steel, com..... 17/8 Vickers, ord.

18/3 Woolworths ..... ... 04/9 23/6 Rub, Plant. Invest. Trust 32/6 Burma, Corporation Commonwealth

15

I surplus vegetables from 500.- GER STREET. ,000 new allotments, from the 900,000 already existing, and from a proportion of the several militon owners of private gardens are

2/44

Mining

M

13

Mareman Investments.

13/9

Randfontein Estates

38/9

Western Holdings ........

16/0

Sub-Nigel

190

012

Tanam! Gold Mining

6d.

HK. & 8'hal Bank (Lán.

Anglo-franian.

"Reg.)

934

Bunnah

61/10 70/71

HK. & S'hai Bank (Col.

Ileg)

Shell

Trans. Trad.

93

(bearer)

18/0

Chinese Eng & Mining

Nominal

(bearer)

19

·I-ex-dividend

WANTED

of

also offered for sale, there will By Baroness Guillaume of shang-Gladioli and Begonia

be an enormously increased supply

and a glut of some kinds would hal. Experienced European Nurse, Three Children and infant, Liberal seem inevitable.

Salary. Help given. Residence

It does not appear to be the in-Shanghai or Peking. Write im tention of the Government that mediately Box No. 180 c/o Hong the crops grown by householders Kong Daily Press. should be sent to the markets.

should be to

Their purpose provide their own families with

home-grown" vegetables, not mcrops is to reduce the demand for summer only when a glut is most imports. There is bound to be likely, but all the year round." waste if amateurs cultivate more The object of encouraging the than enough for their own needs increase of home-grown

food and send the surplus to market.

direct from

Holland

obtainable at

GRACA & CO. Dealers in Garden Beeds, Portage Stamps, Picture Books etc, etc.

No. 10, Wyndham Street.

Hong Kong. Established 1898.

THOMPSON

LADIES'

38.

TAILOR

MODERN DRESS

CHEAP SALE

NATHAN ROAD, KOWLOON.

FIGS, RAISINS tram CHOCOLATES, BRITISH-AMERI- CAN CANDY STORE, 15, POTTIN-

NO AERIAL, NO GROUND, Just plug in and play CHUEN YEE HONG

54 Des Voeux Road C.

Flower Bulbs

Telephone 24311.