1940-05-15 — Page 9

1. On demand

20/4 On Sterling Notes:-

Bank Buying Rate

קוטלר

_WEDNESDAY, MAY 15, 1940-PAGE 9

108 1 4

39

7

150

at 172.7/8" for near and forward, buyers at 1/229/32 for any · del- very:

1/4

Bar Silver per oz. ........ 2 3/10

H.K. STOCK EXCHANGE

HONGKONG DAILY PRESS

JAPANESE TROOPS IN

FULL RETREAT

ך,

FINANCE & GENERAL

Finance and Commerce

Chinese Recapture Mingkiang HONGKONG SHARE QUOTATIONS

And Other Centres

in full retreat the Pelping-

CHUNGKING, May 14 (Central)—Crushingly defeated, the Japanese forces in south Hon an are now toward Siyang, their base of operations Hankow Railway.

Οπ

Ali important towns west of the railway ine, Including → Tungpeh, Miyang and-Tangho, which had fallen into the in- vaders' hands, have returned to Chinese control. The magistra- tes have returned to their posts and order is being gradually restored and rehabilitation work begun.

Meanwhile. tne. Victorious Chinese forces are cleaning up the countryside of Japanese stragglers and chasing the re- treating enemy. A Japanese unit, fleeing westward from Tung- pch, was yesterday overtaken by the Chinese and completely annihilated. Another 'unt; retreating on the Miyang-Kloshan highway was intercepted at Mn otal and Kunsienûffering severe losses.

.

After recapturing Mingkians., repulsed north of Tsingyang while 24 miles north of Sinyong, the the other is now held at bay by Chinese are sweeping down" south the Chinese at Hokow with its along, the Petping-Hankow line. rear cut of. More than 400 casqai- dislodging the Japanese at Cha-tles have been sustained by. the shan, Kucheng. Yingtai and invaders. Wangkang and inflicting Over 4,000 casualties.

After repulsing the Japanese pushing down toward Hsuancheng. southeast of Wuhu. a Chinese now advancing toward force 13 Wanchth. 23 miles south of Wahu.

NORTH KIANGSU

JAPANESE HARASSED South of Sinyarig. the Chinese have reoccupied Lulin, Palkömming and Lichiatst and caused heavy damage to the railroad. In north

Fighting has again oroken jut Hupeh, the Japanese Invaders are in north Kiangsu, where the Ja subjected to annihilating attacks panese at Hwaiyin, Llenshul and by the Chinese in the vicinity of Shuyang have launched a drive Tsaoyang 40

on the Chinese positions near Siangyang Enemy hints north- Shuyang. but have been thrown west and southwest, of the battle-back with heavy casualties. scarred town have, made desper- ate attempts to break through the Chinese encirclement without

success.

miles

east of

Areas around Shangkow, north. east of Fancheng, have been cleared of Japanese troops. East of Tsaoyang, the Chinese have

„In South Klangsu, more than 1,200 Japanese have Attacken points" near Thing. on the west bank of the Taihu Lake, without success. Several Japanese officers were among these killed in action.

retaken Chingraingpu. a strategic CHINESE CELEBRATE

point, and are now relentlessly pressing their way. eastward,

CHUNGKING, May 14 (Central) -A dispatch from buanghal stares The Chinese staged another at that the Chinese there were great-, tack on Puchl, on the Cantch- ty excited over the recnt Chinese Hankow Railway, 78 miles south-victories on ..the Kupch-Homan west di Wuchang and" 60 miles border regions. News of the vic- northeast of Yoyang, on May 11. torles were splashed with big They smashed into the town. In headilnes in most of the Chinese nicting heavy Japanese casualties papers which enjoyed a booming and setting three Japanese supply street sale. depots afire. The railway between Puchi and Yoyang was damaged at many points,

JAPANESE LAUNCH FRESH DRIVE

H

The Chinese Seamen's Special Kuomintang Headquarters bas addressed a telegram to Generalls- simo Chiang Kai-shek and the Chinese High Command at the Japanese combined infantry and Hupeh-Honan front congratulat- cavalry units at Kwelchih, on thing them on the recent victories, south bank of the Yangtze River which were compared to the Vic- in Anhwei, launched a fresh drive tortes At Talerchwang ard toward Tsingyang, 2 miles south-Wuyuan.

east of Kwelchih, on May 12,

Congratulatory messages have,

The Japanese. drove in two also been received from ther columns, one of which has been quarters.

MONEY AND EXCHANGE

Belan Wamin CLOSING QUOTATIONS

MAX 14, 1940.

On London:

Telegraphic Transfer, 1/2 13/18 Bank Bills, en demand 1/2 13/10 Credits 4 months' sight' 1,3 1,9

On Shanghai:--

400

Satisfied? Quite !

IT'S

"BLACK

& WHITE"

STOCK EKKORANGK

Sayuri Ballers Mules {Bowlua]] D1:

SHAREBKOKKEP ASSOCIATION

TUESDAY 14, MAY.

Bager

Banks

#1500

B.K. Bak

£91

Da (COL

$1486

£35

£91

Do. (Lon

£92

£9)

Chartered Banka

131 Mardantila žka. *A*

£18

Marcant's 'Dka. "QA

On demand

$75

Bank of Kori Asin ka

£18

On Singapore:-

$741

On demand

*52* 1/9.

[50.st

On Japan:-

$230

On-demand

81

$485

On India:-

Telegraphic

and demand....

Transfer.

8171 3175

$12

?

N. C. & B. Banks --- Insurances

$230 Canion Insurances ...

$450 Union Instrssons ***,

85 cts. Underwriters

H.L. Fire anima Shipping

$120 Douglas

Steamboa

$100 Indo-China

$90-Indo-Chinsa (Def.)........

60/7 Kholla

$8.00 Waterboste

Docks, Wharves, Godowns, etc.

$100 H.K. & K. Wharton

Providen

Providente (new)

!!!!

$176

#

**30 04

82 1/4

Bank Bills..on demand 19

Credits, 60 days sight 20 7/8-

On demand 35 1/2

On Paris:-

Bank Bills, on demand 1083 Credits 4 months' sight 1143/2

NO IE OR MAY BE IT'S THE SCOTCH.

On New York:-

$120

$117

$200

$120

On Batavia:-

69/9

$6.90

น

14:20

$001

"On Saigon:

On demand

On Manila:-

On" demand

$6

On Bangkok:-

H.K. Docks C. RT8..... 991

HK. Docks X. Rta.... $19

34

$4,20

-321

$19

${

do Rta

$67

Mining

[19/0

Kailant

!!!!

1:1181

Shanghai Dooka 8, ...

$0.80

##

$16.10 Bbangha! Lands $1j

$100 Do. 1%- Debentures

$4.15 $38)

$100

#4 40

#367

89.85 Bache

Venezuala Gold Vide

6 cts, Hong Kong Mines...

Lands, Hotels and

Buliding

84.35 R.K. Hotela...

B.K. Lands

B.K. Railin

*." Humphreys

#104 Chinese Mainten

Cotton Mits

$76 (Ewo. (8.)

1240 B'hal Cottone (B)

Zoong Blogi (B-)

3842

$27

8273

$79

$250

Wing On Textiles (8.) Pablle Utilities

$120

$17.20 30

$8

$63

$22.84

| $17.40)TramwŠJI Dniment

Pank Trame (old) Pink Trume (new) Star Farriscame

$8

$83

| $22.85)T'mati Farrios

Do. (new) Chiza Lights (0)

87.20 Chica

$4 90 China-Lights (New)

Chins Lights Ris.

H.K. Electrics

891.10 Macho Electric ....... $11 Sandakan Light..... Telephonei (Old) ümu 810.20 Telephones (new)

---

ནན ་ Tractiona

Temotions (preč.) Industrials

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

Miscellaneous

Dairy Farm......

1631

197

43971

810.20

22/0

Some business was done at 1/2. 29/32 for

delivery. The near market closed at 1 p.m. with sel- lers at 1/27/8 Cash/November, buyers at 1/2.29/32 for near and forward.

Spot May „June .....: 0/3-19/32

U.S. Dollars

Spot

·812

Cald., Macg. (Pref.) 8.

81.

Canton Tow

317

Consent

$5.55 Ropes

$17

$5.35

8214 Dairy Farm....................

$211

$7.30

Ch. B'tainments

$7.30

814

Coustractions

· (ok)

81

Conakruckiona

Lane Crawforda

Nanyang Tobwoo

$81

$2.60 Bincaree

831 82,35

$9.15 Walor

51%, Ch. G.5% 1990 38dı.

9103 H.E. Goys, 4% Losas

#97 H.K. Gori. 34% Lo

$39

་་་

H.R. Wing On..... 139 [W'hai Wing On

314

RE

Vibro Piling

$81

CHINA'S TIGER

PAINTER

RAISES RELIEF FUNDS

Chang

Shan-tse.

CHUNGKING, May 14 (Cent sal)-Mr. China's most eminent painter-poet, who is now in America, has raised large funds for relief of Chinese war refugees by selling his superb paintings of tigers.

One of his paintings was sold to the Nanhsun Natives' Gulld in Americs at $10.000 and another to a Chinese War Aid Association for $8,497. Both anfounts have been remitted by Mr. Chang to the National Relief Commission, which has expressed......... gratitude for the donations.

Mr Changa naking of 80ocnow,

is a sixty-year-old man, and the

only Instruction be had in the art WOMEN

of painting and drawing is sald

to have been given him by his mother, who early recognised his artistic genius.

MASTER'S TOUCH-

...

DELEGATES

TO ASSEMBLY

$7.30

12/Maramans Inv. (Lou.)

4/ Marsmans Int. (H.X.)

Wm. Powella

*Bales 10- Shangkal

Repair Work Begins

LOOKING AHEAD IN ROTTERDAM

CHUNGKING, May 14 (Central) -Representatives of the National Committee for the Nomination of Women Delegates, to the National Rotterdam and The Hague is still

AMSTERDAM, May 14 - (Reuter› While

between the situation

carpenters, brick layers and build-

A master's touch is recognised People's Assembly have called at uncertairi, there is an encourag In his paintings of the tiger, All the Central Kuomintang Heading sign in the fact that the Rot of, the grace, colour and markings. quarters, the National. Government terdam authorities have called on ferocity and lithesome power of and the ection Office of the this flerce and fascinating animal National People's Assembly "to are brought out through the magic submit petitions regarding the medium of his brush.

nomination of women delegates to Besides tigers, he also portrays the National People's Assembly. with genius lions, panthers, horses, So far the, Committee has re- dogs, sheep and goats, fish, birds,ceived the names of 236 women focks. trees and flowers. Last year candidates for nomination as de- ho placed one hundred of his legates to the Assembly from var paintings on exhibition in America tour ities.

which won wide acclaim..

ing workers to start repair work,

Earlier the Duten authorities. had forbidden people to gather In the streets in groups of three or more people. All must have New their passes and identity cards ready to show immediately and disobedience may mean instant 16, death.

The Amsterdam Radio told peo-

chocolates from stranizers.

Prior to the outbreak of the war, FAMINE IN CANTON le not to accept cigarettes or

he had several cubs in his home

in Soochow which he used as ON THE KWANGTUNG FRONT.

models for his paintings. They were reported lost after the fall of the city,

DENUNCIATION

May 14 (Central)-A large num

ACCOMMODATION FOR REFUGEES LONDON, May. 14 (Renter)

ber of Chinese, dle of starvation every day in Canton as a result of the acute shortage of rice. There have been frequent rice riots in Arrangements have been made" by Yat Tak Road, Wat Of Road and, the authorities for the reception other places in the elty during the and accommodation of refugees last few days. The Japanese troops and puppet police are. Anding it difficult to maintain order.

OF WANG CHUNGKING, May 14 (Central)

The cost of rice is at present one the traitor clique under Wang "Ching-wel is not uprooted military yen, per catty and strict and punished according to law, it restrictions on purchase are tm- will be a permanent flagrace to posed by the Japanese. the 450,000,000. Chinese." declared Owing to the scarcity and cost a message sent out by the over-liness of rice, more and more seas Chinese in Liverpool denounc-people are subsisting on potatoes ing the Wang Ching-wet pupper and miscellaneous cereals which

have also risen in price.

regime

from Holland and Belgium.

Market Report

FROM ROZA BROS.

Silver prices rose over the non- days to the extent of 3/16 for Ready and 1/8 for Forward, the $7.90 quotations being 21.3/16 and 21. 1/16 respectively. Silver advices re- ported the market as being steady. A moderate business was done. The market cloded firm with buyers at 1/16 over the quoted rate. American Sliver was quoted at 343/4 for Spot

The London/New York Cross, fate was quoted at 402.1/2. New York/London" was quoted at 316.")

MARKET

Steady but quiet.

STERLING

U.S. DOLLARS Some business was reported at 19.5/8 for Cash. Towards 1 pm. there were sellers at 19.3/8 for cash and 19.1/4 June, buyers pro- bably at 19.5/8 for Cush.

SHANGRAI DOLLARS Opened with sellers at 415 and towards lunch time sellers were

1.83 reported at..393 for Cash.

SHANGHAI MARKET Opened with sellers of Sterling. af 3.5/8. The highest rate reported was 3.3/4 sellers for Spot but

20

towards 1 pm, 'sellers were report- 52°la

ed at 3.23/32 for Spot, U.S. Dollars 102. 0812 opened with sellers at 4.15/32 and closed towards 1 pm with sellers at 4.5/8. Firf,

SHOE CO. LTD

HONGKONG SUPPLIES ALL KINDS OF FOOTWEAR

BUTTERICK

Quiet.

MARKET -

STERLING

The market closed" with sellers

U.S. DOLLARS

The market closed with seliers 19.1/2 May. probably June, buyers at 19.11/16-for May,

SHANGHAL DOLLARS

At the close there were probable sellers at 391 for Spot...

ון

SHANGHAI MARKET

Easier. Sterling, the highest rate quoted was 3.27/32 and towards the close business was reported at 3.23/32. US Dollars, the highest rate. quoted was 5.1/16. At the close business, was reported at 15/16 for Spot.

Shanghai Exchange

(a) 1 Sow 'eqâueus

Bellers

Opening Closing 0/3-3/4 0/3-17/32 *0/3-23/32 0/3-1/2

...... 34-15/16 - $4-13/17 May...... 4-7/8

4-3/4

June

..

4-31/32 Market:Qulet But steady.

Silver Duty Rate

Outside of a very few sinali transactions. the market was not taking much notice of things.

APTERS Wm: Powell, $1:30...

SALES H.K. Banks, $1500/1470. Wharves, $100. Lands, $34.

China Lights -(N), $4.70. HK, Govt. 4% Loan, 183.

1:

MANILA GOLD SHARES

Gold job, Batung Buhay 00855. Atoks 145, Antamor 0818, Baguio

Big Wedge 15b, Coco Grove ods. Con Mines 00158 Demonstration 05b, IX. 2b, Ipo Gold 065, Itogon Mining 181s, Masbate Con. 07. Mine Operations 0615, North G2- marines 02b, Farscale Gummans. 155, San Mauricio 52s, Surigao Con." 155, Suyoc Con. 1015. United Para- cale 164s, Mindanao Motherlede 064b.

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume Of Business Transseted on Tuesday, May 14, 1940.

The Central Bank of China's H.K. Lands rate on London at 10 am today Dairy FRILLS was 1/2-1/2d.

The Equalisation rate was 11-2 per cent,

India Rupee Paper *

Bombay, May 13 (Reuter). Government 34% Rupee, 93-12-0 nominal;

Calcutta Exchange.

Calcutta, May 13 (Reuter).. TIT, on Japan, 99-7/8.

•Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

AUCTIONEERS

Expert Ladies' Tallor Style Ready Made Dresses

FOR SALE. Wyndham Street. Tel. 23615.ntess Brossard

GREATEST COLLECTION OF BARGAINS IN TOWN!

Week

Date of

Height

Height.

HONG KONG TIDE TABLE

From 15 to 21 May 1940.

HIGH WATEL

Bong

LOW-WATER Hong

Kong

Kong

tandard

Standard

Time.

Time

h. m. St.

tin.

Wed. 15

Thur, 16

04 13 1465

46

08 08 14 0

16 01

.28 30

17.

05 10

|4 2. 10 20

1026 57

23 25

17

18

05 16

1742

3.41802 06:30 15 8 00 12 20

1306

They will be received temporari- ly at centres in London, Lan- cashire, West Riding. Yorkshire; Fri, Glasgow, Belfast and the Isle of Man and from these centres they Bas. will in due course be dispersed

to more permanent accommoda- Ban 19 07 20

tion

8 300 35 23 -20 20 13'27-14:00 Mon. 200800 6.8 0123 It is hoped to accommodate a

120 ts 11 14:49 proportion of the refugees in Taos. $108 307 2. 02 10 9.8 private houses.".

15160

16 3450 .7

LAMMERTS AUCTION ROOM

Telejibon MG MOUN

Just Received

Fresh supply of the

best varieties of an

Reliable and Tested Flower and Vegetable Seeds

from

Sutton & Sons Ltd. Reading, now obtainable. at GRACA & CO.. Dealers in Garden Seeds, Postage Stamps, &c. &c.

No, 10. Wyndham Street............ Established 1896.7 Hong Kon

YOU CAN NOW EAT:-

50 $36.25

22 21,00

12

The total value' is $2,374.50..

Large quantities of counterfeit Chinese Government banknotes have been printed and are being distributed in the occupied areas in an attempt to unsettle the Chi- nese national currency position These notes are copied from those Issued by the Central Bank of China, the Bank of China. the Bank of Communications and the Farmers Bank of China.

MARBLE HALL

(and Annere 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. Fhone 59433,

HOTELS

RUSSIAN FOOD COOKED IN THE

RUSSIAN WAY

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

METROPOLE HOTEL

TEA DANCE.

DAILY

6-TO 7.30 PM. MUSIC BY THE METROPOLE SWING BAND

1940 ZENITH

NEW MODELS Just arrived

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

34 Des Voeux Road. C.

AT

Jimmy's

Telephone 24311,

ENGRAVERS

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