1940-05-31 — Page 9

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HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

འ

FINANCETM

Finance and Commerce

PUBLIC AUCTION. SIR KINGSLEY WOOD WARNS

OF FURTHER TAXATION

THE

Undersigned have received Instructions

to sell by

PUBLIC AUCTION -

Friday the 31st May, 1940 commencing at 2.30 p.m.

LONDON. May 30 (Reuter)-A warning of still heavier taxation was given by Sir Kingsley Wood. Chancellor of the Ex- chequer, regarding the Budget.

He said that all businesses will be able to a new 100 per cent, execas profits tax,

The Chancellor said that since the Budget was introduced, the whole situation had undergone a vast change, putting all previous estimates as the rate of war ex- penditure out of date. It was still

Stop Steel Shipments

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, May 29. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and 'no responsibility is assumed för errors CHUNGKING, May 30 (Central) in transmission. -An urgent appeal to the United States to step the shipment to War Loan, 3% (Red Japan of steel, iron, and oll which after 1952)

♫

form the raw materials for Japan-Canton-K'loon Rly. 5% 9 ese aerial armament, was made Chinese 41% Gold Lean

Yuan-lung, Jointly by Mr. Yeh

1898 (Brit. Issue)... President of the Chungking Uni. Chinese 5% Gold Bonds.

1925-47.... versity, Mr. Wa Nan-hsuan. Prest-

of the National Chungshan Uni-Chinese 5% Crisp Loan,

MONEY FOR

DEFENCE WASHINGTON, May 30 (Reuter at their Sales Room. No. 35, Han-Impossible to give any real es--Mr. Robert Doughton, chairman timate but whatever Was sure kow Road, Kowloon.

of the Ways and Means Com versity." would be willingly paid.

The total revenue from taxes mittee of the House of Represen- had risen from £765,000,000 in 1935-7 to £1.200.000.000 today and It would be necessary to increase the burdens further in the near

Lture.

"A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

Comprising:-

JOINED EFFORTS

FRIDAY, MAY 31, 1940. --PAGE 9

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRY GIN

DESTILLERY

dent of the Fuhtan University, Chin. 44% Angio-French and Dr. Lo Chia-lun, Chancellor Loan, 1908

♫

1912 Chinese 5% Reorg. Loat,

1913 (Ldn. 18.) Chinese 8% Ster. Notes

1925 (Vickers) Chin. Imperial Rly. 5%

Loan ....... Honan Riy, 5% Hukuang Rly. 5%, 1911. Hukuang Rly. 5%. 1911

German Issue) Lung Tsing. Hal

dime

NO INJURIOUS INGREDIENTS

The Chungking University and Fuhtan University were bombed by Japanese planes yes terday and the day before respec- tively while the National Chung- shan University has been...bombed several times before.

tatives, stated that the Adminis-the tration hoped to raise $658.000,000 for defence with additional taxa- tion under the Tax Bill to be, it- troduced tomorrow. This is a re- duction on the previous estimate

More people are being put to or $083,000,000.

and civilian con-

This sum, Mr. Doughton said,

Drawing Room, Bed Room, Din- ing Room and Office Furniture, Curios, Ornaments, Fortable and Gabinet Gramophones, Records,employment Electric Celling and Table Fans and Lamps, Radios, Silver. Brass, E. P... Glass and Porcelain Ware. Enamel Wash

Marble 'Statues, Filter. Perambulators,

Cooking Utensils, etc., etc."

also

Basins,

The Chancellor is now consider-

ing what will be the best shape

for future war loans.

な

***

(German Spd.) ...... Tientsin-Pukow Rly. 5% (Brit. Stpd. Supl. Loan) Tientsin-Pukow Rig. 5%

DAILY RAIDS The message said that since sumption will be strictly controll- will be raised annually with an May 21 Japanese planes had Rly. 5% 1913 ed. Hence there should be more increase of a fiat 10 per cent of staged daily raids Over Chung-s'hal-N'King Rly. 5%... money in the hands of the people individual corporative Income-tax. Kking. Each time over 100 raiders Tientsin-Pukow Rly. 5% which they would be in a position increase of petrol tax from one to were sent Universitles, middle (Brit. Stpd.) to lend to the country.

one-and-a-half cents per Ballon, schools, hospitals, residential Tientsin-Pakow Rly. 5% increase of cigarette

establishments tax from areas and other three to three-and-a-half dollars which had not the least military per 1,000, quor from $2.25 to significance were attacked. Many There is nothing in the new powers of the Government over to $6.00 per barrel, and

$3.00 per gallon, Beer from $5.00 students were killed in cold-blood 10 per and most of the buildings of the persons and property which en-

cent increase" on the current universities and schools were re. dangers the money in any bank, There will be nothing that endan-transfer-tax on stocks and bonds. duced to ruins. gers saving in any way. On the A reduction from 40 'tents to 30 contrary, the more firmly and re- cents exemption will be allowed solutely we join our efforts to for theatre admissions and other Under-gether, the safer and more valu- amusements. and a 10 per cent on

excise taxes excepting cigarettes.

A QUANTITY OF BLACKWOOD AND RATTAN FURNITURË

and

1 Tientsin Carpet

1 Upright Piano by "Moutrle"

1 Portable

wood"

Typewriter

1 Standard Typewriter "Under-

wood"

1 Adding Machine

1 Sewing Machine"

Lot Fishing Tackle, and Acces- sories

1 Compass

1 Cine Camera

1 "Zeiss" Cine Camera (F2.7 Lense )

1 Projector

1 "Zeiss" Enlarger and Lense

2 Exposure Meters

1 "Regulo" Gas Stove

2 Dinner Services

1.Gut Glass Table Lamp

1 Martie Standard Lamp

1 Teakwood Bed Room Suite

also

1 "Peugeot " Motor Car (Licence

No. 6915).

On view from Thursday, the 30th

May, 1940.

Terms: Cash on Delivery.

LAMMERT BROS..

AUCTIONEERS

able will our savings be

(Ger. Stpd. Supl Loan) Jap. 5% Ster: Loan, 1907 38 Jap. 6% Ster. Loan, 1924 421 The wanton attacks only dis-Ger, 7% Intl. Loan, 1924 6 closed the Inhumanity and ruth Chartered Bank.......... lessness of the Japanese and in- H.K. & Shal Bank (Ldn. creased the determination of the Chinese to resist,

H.K. & S'hal Bahx (Col.

Reg) Chinese Eng. & Mining

(bearer)

Reg.)

Chosen Corporation"" Pekin Syndicate Shal Elec. Constr. Co....

NO COLOURING MATTER

H.K. STOCK EXCHANGE

Investment deals were recorded in Government 4% Loan at. $103 and HK Banks at $1350 and Uhlons at $453 and $455 Dock Rights agata changed hands at $41.

BUYERS

18/6 6/8 2

H.K. Banks, $1350, Trams, $16. Bectrics, $59.

SELLERS China Lights (O), $7.

SALES HK. Banks, $1350,

Union Ins., $453/55.

A timely check to the Japanese ruthless bombings depends in large measure upon American sympathy and co-operation with China, for without steel, fron and of Im- ported from America Japan would not be able to continue her war of aggression in China, the message Gula Kalumpong Rubber 15/104 Salon Tominal pointed out.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

SHAREPROKERS ASSOCIATION

Bayar Bellers

Baies Somto THURSDAY 30.

Bayer Be Tara

MAY.

Banks

H.K. Banks............

81350

Do. (Col. Reg-)

283

Do. (Lon.. Beg.)

£8

Chartered Banka

£19

Mercantile Rha. "Q":

$73

Bank of Bari Anka

4307 Morelile Bka, "1"

IN. C. & N. Enaku ...

Insurances A

9218 Canton Insarkoom ... 8455 Union Insurances ... 85 cts. Underwriters

$160 .. Fires

Shipping

$130 Dongle

311 tamboats $100 Indo-Chine

Indo-Chinas Dul.}../ 60/74 Shells

28.00 Waterbomis

Docks, Wharves,

Godowns, etc.

305. H.K. & K. WharveE

083

(Prof.)

$1360

£82

£83

£8

COCOA CROP TO BE DESTROYED

LONDON, May 30 (Reuter)

£304 In reply to a question in the House

S'hat Waterworks "A" ... Unfun Insurance

the Courtaulds

Docks Rts, $41.

H.R. Govt 4% Loan, 103.

Sugar Stocks Booked Up

BRITAIN CORNERS

THE MARKET

LONDON, « May 30 (Reuter)- Arrangements have been com- preted to purchase the entire ex- ports of the coming seasons of the sugar production of "Australia, the Union of South Africa. Mauritius, Fiji and the British West Indian colonies

This was announced yesterday in the House of Commons by Mr. Robert Boothby, Parliamentary Secretary to the Ministry of Food. at question time..

The total quantity involved was about 1.750,000 tons, of which the

ASSOCIATION United Kingdom proportion was

about 1,250,000 tons...

FOREIGN SUGAR

The arrivals of the sugar in, the Kingdom would spread over a long period beginning about two months, and would not. therefore, affect the immediate sugar supply.

Allied Ironfounders Asso & Elec. Industries Austin Motors, ord Cable & Wireless, New

Form, ord.

12/6

12/8

HONGKONG

SHAREBROKERS'

B.-A. Tob, (bearer)

90/7

Mercantile Bank

121

Volume Of Business Transseted

Cammell Laird, ord.

5/11

£12 974

on Thursday, May 30, 1940.

of Commons yesterday, Mr. G. H. Hall, Under-Secretary for

Mexican Eagle,

3/6

H.K. Docks Rts.

53 $ 4,50

28/3

50 ct.

HK Lands

200

Colonies, stated that it had been Distillers

50/8

33.00 United

100

3918

decided, after consultation with Dunlop Rübber

$400 $4571

the governments" of the

Gold Gen. Mectric (England)

H.K. Docks X, Pts.

150

33,00 18,75

75/3

...

70 eta

$170

3120

Coast and Nigeria, that the most Guinness (A) Son & Co. economical procedure would be to Hawker Siddeley Atro.. destroy the mid-crop coco as it Bristol Aeroplane is purchased.

87/3

503

9/6

10/6

$100

$120.

60/7

$8.90

Imperial Chemical Ind. Mid-crop is an inferior quality Imperial Tobacco............ to the main crop, and even if itMarks & Spicer "A" ord. could be stored locally, any at Rolls Royce

27/6

The total value is $12.651.00, Govt, Loan 4

$10,000 103

00/71.

36/9

78/9

Burma Corporation Commonwealth Mining

7/3

56/3

Marsman Investments...

Randfontein Estates ....

60/71

Western Holdings.

35/6 9/6

19/89

Sub-Nigel ...

Smethwick Drop Forg....

131

Tanam Gold Mining

4ld

Armstrong Stevens, ord. 8 Pressed" Steel, .com.

Anglo-Iranian

47/6

12/8"

Burmah

60/71

Vickers, ord.

Shell Trans." & Trad.

Woolworths

53/9

(bearer)

Anglo-Dutch

18/5

⚫-Nominal

295

931

Providenta

Providenta (new)

820

H.K. Docka C. RTS...

$19

$12

H.K. Docks X. Rta.... 817

844

do Rts.

$17 અક

830 Shanghai Dooks §. ...

833

Mining

18/3

Kailson

18/0

$9.85 Raube

10.00

Venezuela Gold Fide

tempt to dispose of it concurrently Leyland Motots with the main crop later in the Tate & Lyle vear, would merely be postponing Turner & Newall the difficultles.

United Steel

LONDON GOLD

London, May 29 (Retter).

Bar Gold. Fine per ca. 188.

Rub. Plant. Invest. Trust 25

-ex-dividend

177/8

60/71

Canada and New Zealand were partners with the United Kingdom Government in these purchases. Both Dominions had shown the utmost co-operation, added, Mr. Boothby, and the negotiations. had been much, facilitated by the helpful attitude of the exporting Dominions and colonies.

Supplies of foreign sugar were also purchased when it was neces- sary to supplement the deficiencies from Empire sources and this policy would be "continued in

future.

WEATHER REPORT

Hongkong Royal Observators

10 a.m.. May 30.

Barometer (at sea level), 20.78 ins.

Temperature. 76 F

Humidity, 95 per cent.

Wind Direction, E

Wind Force (Beaufort), 3.

Temperature; maximum yesterday.

81. F

Temperature: minimum last night.

74 F.

Rainfall for 24 hra, ending 10th.

today, 0.05 ins.

Total rainfall since January 1st

***

6. cts, Hong Kong Wine ... Lands, Hotels and

Buildings

$4.34 H.K. Hotela

$34

H.K. Landa...

Siro Do. 4, Debenderwe

Shanghai Lands E

$4.20 E.K. Healties

88 Humphreya

$104) Chinese Estados

Cotton Mil

$39) Ewo. (B)

8210 8'hai Cottons (B.) ...

***

133

$100

$420

$7.76

***

28.77 in's.

Sunset tonight, 7.03 p.m.

Sunrise tomorrow, 5.30 a.m.

4_pm_May_30..

Barometer (at sea level), 29.69 ins.

Temperature, 31 F.

Humidity, 82 per cent

Wind Direction, S/W.

HIGH WATER.

Wind Force (Beaufort), 3.

Maximum temperature, 83 F. Minimum temperature, 74 F. Rainfall, nil

"HONG KONG TIDE TABLE From 31 May to 8 June 1940.

Low WATER

Bong

Hong

Week

Date of

Kong

Btandard

Time...

Height

Kong

Standard Time

Height.

#11

88.86 China Laghia (0) ***

Chins Lights Kta.

Electrica

$21.10 Macao Mechelon $111 Sandakao Lágkin ........ $261 Telephoons (obl) - $10,20 Telephones (20w) ...

Fractions

|Tractions" (peuf,)' Industrials

$14.00) Cald., Maog. (Oril.) B.

Cald, Macg. (Pref.) 8. Canton Iow

$14

$161 Camele

#51

Ropes ............

MiscellaneonS

$201 Dairy Farm.....

Dairy Farm...

Ch. 'tainme

Constructiona

$42

: 1:

3210

Zoong Bings (.)(... Wing On Terkilas (B.)

$120

Public Utilities

$16

Tramways

$18,10

$16.28

28.

Pank Trumma (old)

Pask Trama (her) ...

$90 Star Ferries

163

$22.85 Y'mati Ferrima

$22

I Do (0)

3691

China Lights (New)

$58

$28

810.10

03/0

$15.35

$4.90

$19 #104

(ok)

$186

Construction

h.á.

flam

|M, 1 =

Lane Crawfamil

*5*

!%.

Fri

·05 50 61

11.40

17 09

23 23 24

Bat

06.24

$3.60 Sinceras $81

Watsona

18 19

1848

Nazysog Tobmona 13.40

45%, CS. G.5% 10MG $384,

$2.20

8.30

Sun.

.00 45 167

10 20

You.

02 10

00 06 4 2: 13 31 1610045

$102

197

R.E. Govt. 4%, Laman H.E. Gort. Loms.

$39 H.K. Wing O

20 21

14:21 1415

[B'bat Wing On ́s

Tues

+ .07 38

la al

Vibro Piling

21 10

14 31454

116

usin

10/0

Maranaza Iry. (Len.)

Wed. B

0808

8 901 56

196

4/0 Marsmaas Inv. (H.K.)

· 21 65-

4 4 15 89

Wm. Powell

Thur, 6

08.41

In al

02:30

22 28

18 11 10 €

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

Hongkong Daily Press

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