1940-04-08 — Page 9

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Bayer Bera

SHAREBROKKES' ASSOCIATION

Xamical

SATURDAY 6.

Buyer Sellera Baise ominai

APRIL.

H.K. STOCK

EXCHANGE

Market ruled very quiet

BUYERS

Bank East Asiz, $73, HK. Fire Ins., $171,

Wm. Powell, $1 Entertainments, $6.80

SELLERS

Union, $500 Electrics, $654.

Banks

$1487

H.K. Bank

$1490

Do. (Col. Mag.) ***

Seaf

Do. (Lon. Bog.)

£93.

„Docks Cum. Rt, $21j

H. & S. Hotels. $5,05.- H.K. Lands, $96).

£91

Chartered Banks ...4

£91

131

Marcantia Bk. "A"

£31

Mercantile Bka. "0"

£19)

$73

Bank of Boat. Azlə i

$73 $78

H.K. Realties, $4.40. H.K. Tramways, 517) Rapes, 35.40,

N. C. & B. Banki ........

Insurances

50 ot.

Dairy Farms, säit

$500

$330 Canton Insurance ... Union Insurances .........

$230

#500

8174

་་་

$10) Steambo

$90

76/204 shalls

$71

25 cta Underwriters

1150 Deaghan

$100 Indo-Chinsa

Indo-Chinas (Del.)...

Wsterboala

Docks, Wharves,

Godowns, ete.

8100 B.K.K. Ware $100

819

$6.60

***

$5.10

107

Providenta

Providente (DOW)....

H.K. Docks C. RTS... 11

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

do Rta.

837 Shanghai Docks

Mining

·19/0 (Kalanı maky

$9.65 Baubs *********

Venezuela Gold Fida

4' cta Hong Kong Mlum ...

Lands, Hotels and

Buildings

H.K. Hotel

H.K. Lands ...................ő.

Tiro Do. 4% Debentures

#13 70 6hangfal Lande 8.

{H.K. Realtime

$8 Humphreya

$103 Chinas Ertainm

Cotton Mills

$45 Eww. (8.)*

$190 B'bal Cottons (5.)

161

!!!!!

as cta

$174

Shipping

$155

në

$10

FLK Fire Ins, $174. Docks Cum. Rts, $22 Providents, $4.60. EK. Lands, $37".

$100

$120

78,3

$7.60

HK. Tramways, $17.70. China Lights (N), $10.95.

SALES

Hii

::

122

:: མ ;:;

$18 75 $8.80

4.

$35.

19/0 99.86 $4

thu

15.20

*37

$100

FINANCE

MONDAY, APRIL 8, 1940.-PAGE 9

Finance and Commerce

GERMANY'S DEBTS KEEP

ON THE INCREASE

LONDON, Apr. 6 (Reuter)—Recent figures by the German Minis- try of Finance in Berlin have given the total of the German Gov- ernment's indebtedness at the end of 1939 as 41,000,000,000 "marks. This is three times' the figure when the Nazis came into power.

Mr. Leonard Ingrams, who, for. 15 years, was closely connected with German financial circles In Germany, says these figures are Incomplete,

The actual indebtedness at the end of 1936 was approximately 60,- 000,000,000 mark; or five times as much as when the Nazis came into power seven years ago.

It la not so much the total figure of the Nazi Goremmenty debt which is of interest as the rate at which it is increasing.

Ilarks

A

MANILA GOLD SHARES . Since the war began, German Atoks 16s, Antamok 13s, Baguio | public debt has risen at the steady Gold 22s. Batong Buhay 01b, Ben-rate of 2,000,000,000 guet Con. 6.35b Big Wedge 1849, Coco Grove 1013, Con, Mines 003s, Demonstration 105. IXL. 335. IDO

LAMMERTS' AUCTIONS

ECONOMY IN PUBLIC AUCTION. FOOD URGED

[HE Undersigned, have received

instructions

LONDON, April 6 (Reuter)THE The News Chronicle this morn- ing approves the appointment of Lord Woolton as Minister of Food, and at the same time pays u tribute to Mr. W. 8. Morrison, hia predecessor.

The paper says: "Lord Woolton is a shop-keeper who is now to run the nation's" shopa”

to sell by

PUBLIC AUCTION

00

Tuesday, the 9th April, 1940

commencing at 10.30 am.

는

marks a month. The war, there fore, seems to be costing the Nazis about 1,000,000,000 marks a month APPEAL FOR ECONOMY more than they can get out of the The Yorkshire Post refers to people by taxation or borrow out Lord Woolton's term as Warden of at "C" Godown of The Hongkong ❘ny current savings. ·

the Liverpool University Settle & Kowloon Wharf & Godown Co., The people's accumulated sa7- ment and says he understands inga were all borrowed and spent what even a small rise In the before the war began, How have

the Nazis found the extra 1.000.- price of foodstuffs means to a poor

household. 000,000 a month up to now?

The Manchester Guardian ap- They have apparently been liv-peals for economy in food, month, which the Nazis have to ing an a little bit of fat in the

It points out that if each Briton borrow from the German people shape of the stocks of goods in to make up the difference between hops and warehouses, or, in other wastes a slice of bread a day it taxation Income and war' expend!- words, on the working capital of means 30 shiploads of wheat a "If each Briton gave up the

Hold092b. Itogon Mining 213s, Masbate Con. 093s, Mine Operations❘ture. 08jb. North Gamarines 058, Para-

cale Gummaus 171b, San Mauricio

665, Surigao Con, 20s, Suyoc, Con.

13s. United Paracale 248. Mindanao

Motherlode 09b.

SHAREBROKERS'

■

This monthly amount is,

German business. When a busi- innessman has sold his stock, he has other words, over and above the been unable to replace it, so the income, to raise which the Nazis money has gone into the bank must depend on the money which where the Government can borrow

the German people save.

BIG DIFFERENCE

The savings of the German peo-

ASSOCIATIONple, including the special earnings of businesses, is only equal to half the required 'Agure, or 1,000,000 00U

Volume of Business Transacted on Saturday, April 6, 1940. China Providents. 750 $ 4,45 500.00

20.05

3281

$4.40

841

$7.90

$151

180

Union Ins.

5

Zoong Bings (8.)

335

2

500.00

Wing On Textiles (8.)

$100

Public Utilition

H.K. Docks Rts......... 67

6.80

$17.40 $17.70

Tramways

$17.45

3:24

38

Pank Troms "foll)

#4

Ponk Trame (now)

The total value is $7.293.10.

น

338

Star Ferri

$68

$26

Y'mati Ferries

$28

Do. (DW)

China Lights (0)

$5.20 China Lights (New)

$5.20

Chins Lights Ris.

#85

$65/66

H.K. Electrics

822

Macao Hipotrios. ......

#11

Sandakan Lights (com.

$10.95 $10.85

$29 Telephone (ok)

Tractiona

Tractions (pet.)

Industrials

$14.90 Cald., Maog. (Ord.) 8.

Telephones (new)

811

++

21/0

the

it.

CANNOT LAST FOR LONG

year.

habit, when making tea, of "one for the pot," it would save 80 shiploads a year.

"We are not suffering from a food shortage in this country," the

This sort of thing, however, can- paper says: "In fact, we still in- not last for long, and already one dulge in the lazy habits which hears of shortages of goods in come from having too much food." shopa

FOOD PRICES CHANGED

Ltd., Kowloon.

for account of the concerned

83 Kegs Bleaching, Powder

Terms: Cash on Delivery,

LAMMERT BROS.,

AUCTIONEERS.

PUBLIC AUCTION.

THE Undersigned have received

The current issue of the Gov-Instuctions

to sell by

PUBLIC AUCTION.

What then? The Nazis can increase taxation, But taxes are already very high and there is reason to doubt whe- ANGLO - DUTCH ther even these will be collected

in full.

ernment Gazette contains a list of AGREEMENTS

The Nazis can force the people amendments to the retail prices of THE HAGUE, April 6 (Reuter)-to save more. The recent proposal certain articles of food which Two Royal Decrees have been for a compulsory old age pensions have been made by the Food Con- issued enforcing

wartime scheme was a step in this directroller, Mr. W, J. Carrie:-

While in most cases the previous trade agreement between the tion. Netherlands and Great Britain. Or the Nazis can force the peo-prices are maintained, in five in-

The first decree

aple to save indirectly by stricter stances reductions have been made as follows: Thick cream, Golden long list of imports forbidden ex- rationing and reducing the supply Butterfly brand, from 40 cents to Gov. of goods on which they can spend 35 cents per six oz. tin, and from LONDON, April 8 (BWS)-The cept by permission of the Mines Department has set up a|ernment. Goods will only be im- money. But already. the people Coal Production Council with Lord ported if they are consigned to can get little more than the sim-23 to 21 cents per three oz. tin. at their Sales Room, No. 2. Con- Libby's corned beef has been re-naught Road, Central (Room No. Portal as Chairman, to increase a Government-controlled. com- ple necessities of life.

duced from 70 to 44 cents per; Lin Britain's coal exports, maintain any.

This means Indation, and infiz- and Emery corned beer from 81 to 205, 2nd Floor). supplies for home consumption The second decree restricts re-tion is hinted at already in the 33 cents per tin.

exports to belligerents of imports recent returns of the Reichbank,

BRITAIN'S COAL

EXPORTS

and promote a big Increase In

output.

The Council will include three representatives each of the own ers and the workmen with repre- sentatives from the Mines Depart- ment and the Ministries of Trans- port and Shipping.

$12

Cald., Kacg. Fret.) 8.

BI

Canton Tom. Karen

$17) Coment

$6.40

$0.05

Bapes ***

$1

#17

$5

MiscellaneoLLY

3212

Dairy Farmerë in

0212

1

Dairy Farin

$8.80

Ch. R'wainmenÍN

$6.50

Constructiona

(old)

$1.85

#9 15

$96

14/0

5 18:14

Constructions

(Dew)

Lane Crawford

$8

Nanyang Tobsooo.....

..$al

Sinceres

32

Watsons

$0

52% Ch. 0.5% 1925G $Bdı,

102

961%

H.R. Wing On

www. 344

$14

$81

$1

that similar Production - Councils or their equivalent will be needed

from overseas.

announces

In addition, the export of home NOW THE JAPANESE products is restricted to pre-war

levels.

TO CONSERVE EXCHANGE

WILL WANT IT!

SHANGHAI, April 6 (Reuter)--

Tuesday, the 9th April, 1940 commencing at 11.00 am.

Oatmeal in tins C. and B..brand. A QUANTITY OF HOUSEHOLD & (2 lb.) has been reduced from $1.37 to $1.16 per tin.

LONDON MONEY

· MARKET

"LONDON, Apr. 7

A rich gold vem has been dis-jen covered by engineers working for the Ministry of Economic Affairs,

and

J.

(Reuter)-In

The Manchester Guardian says: "We are managing the affairs of

in the Palya district of Sikong the Money Market, large dividends MELBOURNE, April 7 (Reuter)

commercial the coal industry a great deal bet-

payments by province, says the Shun Pao ter in this war than we did in

-Australia has taken a move to]

The gold is reported to be locat-Government were responsible for the last. The Coal Production conserve the Empire's foreign ex-ed along the banks of the Ngouchi the easy conditions now prevail- Courell is an addition to an in-change.,

River, in the vicinity of a lama 05. dustrial machine already well or- It was announced today that temple situated at the foot of the The offerings of £50,000,000 ganised and closely controlled. exporters of petroleum products mountain range.

treasury bills were fully alloted. The industry has set a valuable to Australia will have to take pay- The local authorities, the report the average rate being £1 8. 33d. example of co-operation between ment in Sterling in London. Pre- adds, are Inviting merchants to This showed a fractional move- owners and miners and in the viously purchases of could draw up plans for further pros-ment in the market's favour. principle of

equal representation be paid for in US dollars. on the Council. We may soon and

oli

pecting.

Wall Street closed firm. :

OFFICE FURNITURE

... also

600 Books

: {I

3 Iran Safes

and

1 Bale Vermicelli

Terms: Cash on Delivery.

LAMMERT BROS.

AUCTIONEERS.

$102H.K. Govt. 4% Loa

H.K. Gort. #%Los

'hai Wing On

Vibra Piling

Marsmans Inv. (LOG.)

Maramans Inv. (H.K.)

Wm. Powells.......

#Balas 'a Shanghal

11

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, April 5.

The following quotations are the

(bearer)

Chosen Corporation

Pekin Syndicate

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

responsibility is assumed for errors in transmission.

19

0/6

1/6

15

15;

201

Gala Kalumpang Rubber. .18/9 Allied Ironfounders ...... 14 Asso. & Elec: Industries 30/1) Austin Motors, ord.

Distillers

39/14

68/3

38/11

79/101 79/3 12/104 15

A

15/6

War Loan, 31% (Red

after 1952) Canton-K'loon Rly, 5%

99-9/16 15

Cable & Wireless, New

Form, ord.

61

B.-A. Tob, (bearer)

106/9

Chinese 44% Gold Loan

Mexican Eagle

12}+

1898 (Brit. Issue)

58

Cammell Laird, ord. ......

7/3

Chinese 5% Gold Bopds.

Mexican Eagle

6/7/

1925-47

+52

Courtaulds

Chin. 41% Anglo-French

Loan, 1908

50

Dunlop Rubber

Chinese 5% Crisp Loan.

Gen. Electric (England)

1913 (Ldn. Is.)

29

Guinnes (A) Eon & Co.

Chinese 5% Reorg. Loan,

Hawker Siddeley Airc......

1912

พ

Bristol Aeroplane.........

Chinese 8% Bter, Notes.

Imperial Chemical Ind.

32

1925 (Vickers)

11

Imperial Tobacco

118/1

Chin. Imperial Rly. 5%

Marks & Sp'cer "A" ord. 52

Loan

60

Rolls Royce

89/7

15

| Leyland ·Motors

75

19

Tate Lyle

53/9

Bukuang Rly. 5%, 1911

Turner & Newall-

German Issue)

17

United Steel

65/41 23/3

Smethwick Drop Forg...

13

21

Tientsin-Pukow Rly, 5%

(Brit. Stpd.)

13

Tientsin-Pukow Rly. 5%

(German Stpd.)

13

„Tientsin-Pukow Rly. 5%

13

Tientsin-Pukow Rly. 5%

Armstrong Stevens, ord. Pressed Steel, com, .. ∙17/41 Vickers, ord.

17/3 Woolworths ..... ***** 64/9 Anglo-Dutch

23/3 Rub, Plant. Invest. Trust 31/3 Burma Corporation

9/42 Commonwealth Mining Marsman Investments ....

- 15 8

-

14

13.

Randfontein Estates ..... 39/41

Western Holdings

Sub-Nigel

Honan Rly, 3%

Hukuang Rly, 5%, 1911...

Lung Tsing & U. Hal

Rly. 5% 1913

B'bai-N'King Riy. 5%

3འ་8བའ་ཆ་ྲཧྨཀྟ ཿཤྩ་ྒུ

(Brit. Btpd. Bupl. Loan).

(Ger, Btpd. Supl. Loan)

Jap. 5% Bter. Loan, 1907 501

Jap. 6% Ster, Loan, 1924 55

Ger, 7% Intl. Loan, 1924 78

Chartered Bank H.K.&B'hal Bank (Ldn.

Reg.)

H.K. & Bhai Bank (Col.

Ileg). Chinese Eng. & Mining

Tanami Gold Mining

17/7}

195

Anglo-Iranian

Burmah

941

Shell Trans, & Trad.

}

(bearer)

Od 53/9 71/3

76/101

93+

*--Nominal

i-ex-dividend

in other exporting Industries."

CIRCULATION OF

BANK NOTES

Returns of the average amount of bank notes in circulation in Hongkong during the month end- ing March 31, were certified by the managers of the respective banks as follows:

Chartered Bank of India, $24,421,- 184, Hongkong and Shanghai Bank $195,232,228, and Mercantile Bank of India $4,817,933, making a total of $224,871,345.

SILVER IN TIENTSIN

LONDON, April 8 (Havas)--Bri- tish official quarters are unaware of press reports that a settlement of the question of the sliver depo- sits in Tientsin is expected in the near future.

It is admitted, however, that negotiations are proceeding in a favourable atmosphere and it is hoped the parleys will end success- fully,

EXPORT LICENCES

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

AUCTIONEERS

GREATEST COLLECHON OF BARGAINS IN TOWN;

LAMMERT'S AUCTION ROOM LaBurt Brotiver 2,4% Hugh Rad thed Telephout Na 2012:

IN

BEST -CANDY STORE COLONY, WITH LARGE ASSORT- MENT BRITISH-AMERICAN CAN- DIES FRESH CONSIGNMENT NUTS, FIGS, RAISINS FINE CHOCOLATES, BRITISH-AMERI-

EXPORTS TO SHANGHAI

SHANGHAI, April 6 (Reuter)— Payment in foreign exchange for

The following is gazetted for CAN CANDY STORE, 15, POTTIN- general information: — On and GER STREET, after April 8, shippers of goods consigned to Europe in respect of. which an export licence has been Issued by the Controller of Trade are requested to supply one copy of the export licence to the agent of the ship by "which the goods are to be carried. After receipt of the copy export licence, the ports to Shanghal of timber, agent of the ship is requested to paper, egg products and tobacco attach the said copy to the ship's leaves from Wenchow, in manifest and enter the serial Cheklang. is ordered as compul- number of the licence against the sory by the Chektang provincial relevant item in the inanifest. government. states the Bhun Pac. The manifest properly annotated, with copy export licences attached. should be produced to the Superin- istry of Finance, pointing out the tendent of Imports and Exports order will ruin the export trade not less than twelve hours before, upon which the rural prosperity the ship salis.

of east Chekiang depends.

east

The Chamber of Commerce at. Yunghia has appealed to the Min

Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

ENGRAVERS

FEI FEI & CO. Photo Engravers ···

18, Cochrane Street, Telephone No. 22224,

Jimmy's

FOR SALE RARE DIE PROOFS

of

Hong Kong

and

China

POSTAGE STAMPS

GRACA & CO.

Dealers in Postage Stamps, etc. No. 10. Wyndham Street.

Keng Kong.

Established 1896.

YOU CAN NOW EAT-

MARBLE HÄLL

(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, 108, Austin Road. Phone 50233 and 34, Granville Road, Phone, 58433.

HOTELS

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

54 Des Voeux Road O

TEA DANCE.

DAILY

É TO 7.30 PM.

MUSIC BY THE METROPOLE SWING BAND.

Telephone 24311.

THOMPSON

LADIES'

TAILOR

MODERN DRESS

CHEAP SALE

NATHAN ROAD, KOWLOON,

38.

L