1940-06-17 — Page 9

Daily Press 孖剌西報 All

HONGKONG DAILY PRESS

WAR

AND

LAMMERTS' AUCTIONS

THE

PRINTING TRADE

"During the year the prices of printing supplies continued to advance and with, the outbreak of war these and practically

PUBLIC AUCTION.all other costs increased substantially," said Mr. E. Keating, the

HE Undersigned have received THE

instructions

to sell by

PUBLIC AUCTION

Monday, "the 17th June, 1940 commencing at 2.30 pm.

at No. 10 Humphreys Building. Kowloon.

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

also

One Large Frigidaire One Small Frigidaire One Morrison Plano

and

A QUANTITY OF ELECTRIC HOUSEHOLD APPLIANCES

chairman, when he addressed shareholders at the annual general meeting of the Malays Publishing House Ltd. ;

It should also be understood." Mr. Keating continued, "that all of these increases were not passed on because the Company absorbed some. owing to commitments which are now concluded." -

Referring to the position of stocks. he said that the matter continued to receive the board's! serious attention and mentioned

that some sources of supply were closed completely whilst others were under the influence of cur rency depreciation. Depreciation generally had been examined very carefully and ample provision; made

AMERICA HAS RUBBER FOR

10 MONTHS

WASHINGTON, June 15 (Router) After the secret session of the Military Committee today, Senator Downey reported that the United States had on hand enough rubber to last only 10 months under stringent wartime rationing. If crude supplies are cut off.

The chairman opened his ad- He added he understood that dress by referring to the continu-Mr. Edward Stettinius and the ed improvement of business dur-Federal Loan Administrator, Mr. work ing the period, which was reflect. Jesse Jones, are seeking to ed in the increased profits.

out the purchase of 120.000 tons of rubber, to be stored against posible emergencies,

"I wish to make it clear," said Mr. Keating, "that the increased profit is largely due to increased volume of trade and this is borns out by the fact that the ratio of proßt increased only by less than one per cent."

"In connexion with the new re- serve account. your directors con-

On View from Sunday, the 18th sider that it is very necessary to

June, 1940.

Catalogues will be issued.

Terms: Cash on Delivery.

LAMMERT BROS.",

AUCTIONEERS.

pursue a prudent policy as regards Anance and accordingly make this provision for future contingencies due to war conditions," continued Mr. Keating, who added that the bonus to the staff was an appte- ciation of the loyal service render. ed during the year.

Mr. Stettinius recently resigned the chairmanship of the United Stater Steel Corporation to serve on President Roosevelt's National Defence Committee.

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, June 14.

The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no

The report and accounts were approved and adopted." and a dividend of ave per cent, was responsibility is assumed for errors declared,

in transmission -

PUBLIC AUCTION. War Revenue

THE

undersigned have received instructions

to sell by

PUBLIC AUCTION

Tuesday, the 18th June, 1940 commencing at 2.30 p.m.

"at their Sales Room, No. 35, Han

kow Road, Kowloon,

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

comprising:--

Bedsteads, Wardrobes, Dressing Tables, Chests of Drawers, Ches. terfield Suites, Sideboards. Dinner Waggons, Dining Tables, Chairs, Ice Chests, Desks, Cabinets, Book- cases, Filing Cabinets, etc., etc.,

Ordinance Amendment

The draft Bill of an Ordinance to amend the War Revenue · Or- dinance, 1940, is contained in the Government Gazette:-

FINANCE & GENERAL

HONGKONG SHARE

STOCK EXCHANGE

Days Br

$1316

1111111

277

£80

QUOTATIONS

SHAREBROKERS' ASSOCIATION

SATURDAY 15, JUNE.

Banks

H.K. Banka

Do. (Col

Do, (Lon. Mag)

Chartered Banka

£301 Marcantila Bea, "A

19 Marvankia 15%, "103 $73 Bank of East Asia ........

instances

$918 Canton Insursones $450 Union Insuransin |85 eta Underwritstu

$160 E. Fem byl

Shipping

$190 Douglass $11 Bambouts

$100 Indo-Chinas

Indo-Chinas (Del.)...

Burke Salute Bominal

umbe BA non

$1390

£80

||60 st

#218

$440

85 eta

3170

$120

$100

#80

$100

59/6

63/8

$0.20

$8.90

FOB

895

Providens (never)

016

H.K. Docka (Old).!

$18

$15

HK. Docks (New)...

$134

do Rta.

#13

Shanghal Doskar B.

Mining

117/3

17,8

$8.50 ID

aterbosis de drets dating Docks, WharVES,

Godowns, etc.

HK & K_Whervi Providonts

X.D. 89.55 Raube atte

Venezuela Gold Wide

$22

8 ots Hong Kong Kinan

Lands, Hotel and

Balldings

24.35 H.K. Hotalɛ umane

$390

#39; H.K. Lands $314.

$ica Do., Dabenderes'

$100

$9.60 Bhaghat Lands $

$4.99 H.K. Baalties

$4.90

$8 Humphreys adinamas Chinese Koduhém

$7.75

6104

Cotton Mills

$301 Erb (Ch). $210 8'hal Colon (3)

37.40 Pack Trias (kid) wi $3.70 Peak Trans (now) -- $80 Star Ferrim dermati

Y'mati Ferric

$8.85 Chius Lights (0)

MONDAY, JUNE 17, 1940-PAGE

GORDON'S DRY

GIN

We beg to advise our customers that

in recent shipments of Gordon's Dry Gin the design of the stopper caps has been

་

altered and is now entirely plain."

DODWELL & CO., LTD. QUEEN'S BUILDING,

HONGKONG...

KAIPING COAL

FOR HOME, FACTORY, & POWER HOUSE

$314

$910

Zoong Bags (0)

HOME,

Wing On Turtles (8.)

$120

Public Util500

FACTORY

$16.10/10.20. Tramways' «mechi sonde

$18

AND

BUNKERS

$07

Do. (new)

$6.70

War Loan, 34% (Red

after 1952)

-982 Canton-Kloon Rly. 5% 6 Chinese 41% Gold Loan

1898 (Brit. Issue) Chinese 5% Gold Bonds,

1925-47

Chins Lights New)

Chins Lights Bts.

358

H.K. Klestric

188

899.10 Macao Mostries mau

$11

$23) Telephones (chl)

824

$10:20 Telephones (now} {"

$9.00

Tractions

93/0

Trackiona (prof.)

Chin. 44% Anglo-French *Loan, 1908

Chinese 5% Crisp Loan,

1813

Chinese 5% Rearz, Loan,

Be it enacted by the Governor of Hongkong, with the advice 1913 (Lán. Is.) and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the war Revenue Amendment Ordinance, 1940.

2, Section 60 of the War Re- vence Ordinance, 1940, is amend- ed by the repeal of all the words after the words. "and for each subsequent year of assessment" in the sixth and seventh lines there- 02.

Chinese 8% Ster. Noten.

1925 (Vickers)

Chin. Imperial Rly. 5%

Loan

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

(LP. N/Y Issue) Rukuang Rly. 5%, 1911 German Issue).... Lung Teing & U. Hai...”

Rly. 5% 1913 S'hai-N'King Riy. 5% Tientsin-Pukow Rly. 5%-

(Brit. Stpd.) ..........** Tientsin-Pukow Bly, 5%

(German Stpd.)

OBJECTS AND REASONS 1. Section 2 of this Bill deletes from section 60 of the principal Ordinance the words "in respect of the property, income and pro-Tentsin-Pukow Ely. 5%

Bandakan Lighis

Industrials

+$14.00| Cald., Kínóg. (Ord.). B

$12

Cald, Macg. (Prof.) §.

$15 Comonds

$1. Canton Loss – punktiransen

#51

Вороне

MiscellaneoELS

$20 Dairy FarmCITIS KO

Dairy Farm......

Ch. B'ainmach

POWER HOUSE,

TUGS &

LOCOS.

THE KAILAN MINING ADMINISTRATION

DODWELL & CO., LTD., Agents, Hong Kong

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume Of Business Tranzacted

400 33.00

700

815).

$3.00

$151

$11

Constructioną

on Friday, June 15, 1940. HR. Electrics ....... $1.85 HK. Lands

Constructiona

$7,48 Lane Crawfords

$7.45

Nanyang Tobacce .......... $2.60 Himosres

$3,30

$7.20

Who

38.45

43. Ch. G.6% 1996G #Bde.

43%

$:03 H.K. Gors: 4% Lanan

103%

$95 B.X. Govt. %Lann

$38

H.K. Wing O

$14

ཤྰས་ ༥

Cutlery, Entree Dishes, Trays, fits of every person for the year (Brit. Stpd. Supl Loan) 9. Bliver, Brass, Aluminium, Porce-preceding the year of assessment. Tientsin-Pukow Ely. 5% lain and Glass Ware, Electric Cal- but without prejudice to any pro- (Ger. Stpd. Supl Loan) ing and Table Fans, Fortable and visions of this Ordinance which Jap. 5% Ster, Lean, 1907 33"

enact that tax is to be charged in Jap. 6% Bter. Loan, 1924 37 particular cases in respect of pro-Ger, 7% Intl. Loan, 1924 5 perty, income and profits for a Chartered Bank period other than the year pre-HK. & Bhai Bark (Ldn.

Reg:) ceding the year of assessment."

Gramophones. Cabinet Ornaments, Lawn Mower, Brasses and Screens, Cooking Utensils, etc., etc.

also

Curlos, Fire

Pictures,

A QUANTITY OF BLACKWOOD AND RATTAN, FURNITURE

and

2 Upright Planos by "Moutrie

1 Hand Bewing Machine

1 Portable,, Typewriter "Royal"

1. Enlarger Zeiss "

2 Belgium Carpets

1.Marble Table Clock

2. The intention of section 60 HK, & Shai Bank

was to fix the starting date of the Taxes under the Ordinance.

3. Provision is already made in sections 16 and 18 for the calcula- tion of salaries and profits taxes

On the basis of the preceding

year.

Reg)

Chinese Eng. & Mining

(bearer)

Chosen Corporation Pekm Syndicate ....... Bhai Elec, Constr. Co. ... S'hal Waterworks "A" Union Insurance

17/8

6/5 2

14.

4. In the case of property tax however, section 5 provides for Gala Kalumpong Rubber 15/71

Allied Ironfounders......

charging the tax on the rateable Asso. & Eles. Industries 35/3...

1 Electric Refigerator "Frigidaire" value as assessed for Rating Pur Austin Motors, ord. 11/101

1 Grandfather Clock

1 Radiogram

8 Radios

1 Exposure Meter

1 Electric Cooker

1 Suver Dressing Bet

1. P. Tea Set

1 Bed Room Suite....

1 Dining Room Bulte.

1 Dinner Service

1 "Pathe" 9.5 cm Cine Camera with

Projector

1 Pair Teak Single Bedsteads with Simmons' Springs and Beauty Rest Mattresses

1 Pair Single White Enamelled

Beds with Hair Mattresses

1 Pair Beds Staple Mattresses and

Hair Mattresses

property tax the rateable value for Cammell Laird, ord. the current year should be dis- Mexican Eagle regarded and that the value of the Courtaulds previous year should be taken as Distillers

poses. It does not appear to have Cable & Wireless, New been the intention of the War Form, ord Revenue Committee which framed B.-A. Tob. (bearer) the principal' Ordinance that for Mercantile Bank

82/6 121

3/11

54/8

27/"

à basis; but it has been suggested Dunlop Rubber ........ that the construction of the last Gen Electric (England) 66/3 part of section 80 of the principal Gulmess (A) Son & Co. 60/6

Hawker Siddeley Airc... 0/14 Ordinance may have that effect.

5 It has therefore been decid-Bristol Aeroplane ................. 10:

ed to repeal these words so as to Imperial Chemical Ind. 25/9 testore the apparent intention of Imperial Tobacco

87/6.

the Committee with regard to that Marks & Sp'cer “A” ord. 33/41 tax. The references to income Rolls Royce

and profits in the words repealed Leyland Motore are unnecessary in view of the Tate Lyte provisions of sections 10 and 18 of Turner & Newall-

On View from Monday, the 17th the principal Ordinance.

June, 1940.

Terma: Cash on Delivery,

LAMMERT BROS.

AUCTIONEERS.

LONDON METALS

EXCHANGE

London, June. 14 (Reuter).

[N'hai -Wing On kui $8 Vibro Pillages

30/6 Marymans Inv. (Lon.)

4/0

Marsmans inv. (H.K.) Wm. Powells

Bales

Po' Ebanghs!

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF

FOOTWEAR

BUTTERICK

Expert fallor

New Style Ready Made "Dresses FOR SALE.

300 $8.00

The total value is $30,200.00.

GERMAN GOLD IN

RUMANIA

H.K. STOCK EXCHANGE

12.30 p.m. Saturday, 15th

1940.

London came to business @ $32 & Trams @ $16, otherwise the market remained quiet.

BUYERS

H.K Banks, $1315,

BALES

#H.K. Lands, $32.

Trams, $18.

BUCHAREST, June 15 (Reuter) have deposited gold valued at one -For the purpose of guaranteeing milliard let with the Rumanian 'payment for Rumanian exports National Bank..

under the existing clearing agree- The gold has already arrived ment, Germany is understood to plane.

1940-06-17 — Page 9

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