1940-07-08 — Page 9

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FINANCE

Finance and Commerce

·HONGKONG DAILY PRESS

LAMMERTS' AUCTIONS

PUBLIC AUCTION. SIMPLER,

undersigned have received

ALTERED

DIET

instructions

to sell by

PUBLIC AUCTION

on

Monday, the 8th July, 1940 commencing at 11.00a.m.

LONDON, July 7. Reuter)

FINANCIAL COAL INDUSTRY'S

STABILITY

OF CHINA

CHUNGKING, July 7 (Reater)

To come safely through the -China's financial "stablity now-expected selge, the people emphasised in à

WAS

message issued

HANDICAP

65,000 MEN, LOST

RICE RIOT IN SHANGHAI

REFUGEES STORM

GRAIN DEPOT".

"A big rice riot was staged, în. Nantao on Sunday last. when sev= eral hundred dispersed refugees of the Nantao Refugee Zone which wound up its business on the same SINCE WAR

day stormed a house where some Reports from the mining treas left-over, rice was stored after the obtained their fast of Britain will perhaps have to yesterday by Dr. H. H. Kung, the of Britain emphasised the serious refugees had live on a

character of the report which the quota before they were dispersed, simpler and altered Finance Minister, diet, sald Lord Woolton, Minister Dr. Kung attributed this stabi-Coal Production Counell, presided it was reported in Shanghai on of Food, yesterday.

lity to the strong pre-war fourtia-over by Lord Portal, is making to July 1.

One of the refugees was said to Fewer non-essential foods would tion, the abundant harvest during the Government on the shortage at their Sales Room, No. 35, Han be available and he had had to the past three years, the success-öf labour and its effect on "output have been bayonetted. The riot utilisation of metropolitan The Council holds the view that was staged early in the evening. be drastic with the luxury food ful kow Road. Kowloon.

trade.

capital, large overseas remittances the increased production required The former premises of the Inter- Reltet "Society located But there was no danger of a and foreign sympathy and assis by the Government cannot be national

achleved unless

the industry's near Chen Hwang Miao in the shortage of food and he did not tance.

Native City were stormed. -As the German

Referring to the note, issue. Dr. manpower is augmented.. propaganda

to "make Kung stated that since the war Of a total of 930,000 insured would have it-have speeches twice a week to soothe demand for legal tender had been miners, not more than 41,000 were

mounting.

wholly unemployed or casually a starving people!"

He has approved most enthu-

employed at the last count, Among scheme for

these were men moving from one Д Though notes In circulation Voluntary Home Food Production had been increased, the totaljob to another.

It is estimated that since last amount in circulation was still

A QUANTITY OF HOUSEHOLD FURNITURE AND SUNDRIES

Terms: Cash on Delivery.

LAMMERT BROS..siastically a new

AUCTIONEERS.

Corps. Division of these corps will

STILL INADEQUATE

be under the control of the local inadequate to meet demands August the gross number of 65,000 PUBLIC AUCTION. authorities and its task will be Discussing taxation, Dr. Kung have left the industry. Many of

WOMEN SENTENCED

MONDAY, JULY 940.--PAGE 9

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRY GIN

DISTILLERY "LONDON,

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

ricters who broke into a rice Shop MARKET REPORT MONEY MARKET

Two poor Chimese women were each sentenced to six months' im- prisonment, charged with partici pating in a rice riot on Saturday in Penang Road. The sentences were passed by the First Special

pended the sentence for three District Court but the Judge sus- them have been attracted into to bring public parks and open stated that due to the decrease other trades: others were arm+years, The women whoɑ were ar- spaces under cultivation and in in China's main reyennes from

or Territorials; some were anong a large group of rested by the Pooteq Road Police crease the number of allotments Customs duties,

reservists salt and ccn- Undersigned have received and the number of private gar-solidated taxes, the Chinese Goy-have; and chedule or Reserved

and stole rice after cutting. rice ernment was making direct taxes, despite the Schedule of

Occupations.

FROM ROZA, BROK bags with knives. About $50 worth

LONDON, July 7 (Router)-The- Income tax had jumped from

LOSS IN QUALITY.

of rice was thus stolen.

Money Market experienced greater Saturday, July 6 The loss has been made good to

Several representative rice mer-

Silver prices dropped 1/16 yes- and plenty of loanable funds the extent of 60,000 by boys enter chants paid a visit to a high terday for both deliveries, the owing to the turn of the half year.

the Shanghai

In the Clearing Banks, there...y nese official of ing the industry, the return of

were 21. 11/16 for unemployed colllery workers and Municipal Councu trying to ob-quotations men recruited from other Indus-tain official assistance in organiz-Ready and 21.9/16 for Forward. were free lenders at one per cent. Silver advices reported the against Bills and 1.25 per cent... tries. The view of the Coal Pro-ing a tice price fixing, committee.

Active note, cly- duction Council is that "in terms They were promised official hels/market as being quiet and feature. Į against bonds.

less. The

steady.culation reached a new high re of quality" the loss of labour 15 in their efforts to better the rice American Silver was quoted at 34. cord of 808.2 millions. far greater than that suggested situation nere. by the net loss of 5,000,

Instructions

to sell by

PUBLIC AUCTION

Thursday, the 11th July, 1940 commencing at 11a.m.

at No. 5 Peak Manstons. The Peak,

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

including

I Oak Dining Room Sulte

1 Maple and

Room Suite

1 Upright Piano

Cherrywood

and'

dens being used for produce.

SURPLUS MAIZE

to

It is learned in London that it is sixth place before the War estimated the

Southern Rhode-third place among all the sian maize crop will be a record. tional taxes. Since the war Chins An argeement has just been bad issued total loans of "$4,700.- completed by which the Ministry | 000,000. of. Food will purchase the surplus maize. estimated to be a million bag>,

DRIVE FOR SCRAP

have not been overlooked.

out

Work is now being carried The drive for scrap continues on 40 wrecks, representing about and even wrecks around the Coast 100,000 tons of scrap iron.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

JULY. Banks

1.K. Banks

Do (Col. Reg.) .....

Do. (Lan. Reg.).... Chartered Banks......

ESP Mercantile Bks. "A".

Mercantile Bks. "C".

Bank of East Asia.....

N. C. & 8. Banks...... Insurances

81080

* U

£85

Les

$73

60 et

Bed

Bayern

Bellera

Bal Nomine

SHARYBROKERS' ASSOCIATION SATURDAY 6.

Baliers Salem, Melani

$1100

+74

£60

£65

£51

en

873

1218.

Canton Insurances.............. Union Insurance..................

8218

2310

8315

60 cts

1180

Shipping

$120 Douglasen

911

Steambouts

8104

$100

Indo-Chinas (Pref.)..

Indo-Chinos (Def.).

8100 $100

38/1

bella...

38/16

$6.90 Waterboats

Docks, Wharves,

Godowns, etc.

1 Frigidaire in good condition)

On View from noon on Wednesday, the 10th July, 1940

Terms: Cash on Delivery.

LAMMERT BROS.

AUCTIONEERS.

H.K. STOCK

EXCHANGE

Saturday, July 6, 1948.

There was a well spread enquiry

throughout the market with prices

slightly hardening.

BUYERS

H.K. Banks, $1.100.

$320

:, -,!

30 eta Underwriters.

$180 K. Fires..

$20

105

#3

13.10

H.K. & K. Wharves...

$16 HK. Docks (Old) 914 | #141

Providents.

$15

H.K. Docks (New)....

$221

+Shanghai Docks.......

Mining

15/6

Kpilana

$9.65 Faub

$14

3

These are some" of the reports from correspondents in the coal- Dėlds:

Nottinghamshire; About 1,500

3/4 for Spot,

market was

A total of £65,000,000 in Trea- The London-New York cross-sury Bills was offered and allotted rate was quoted at 402.1/2. New at the average Fate of £1. 9. CI.

Competition was less keen owing NO SHORTAGE OF York/London was quoted at 368,

1/2...

to the inflow of funds to the 1 1/2 per cent, National Wet Bonds. Hence the market syndicate re- ceived 55 per cent of the applica-

COAL

MARKET

41

STERLING

A small business was done at tons

The market closed

of the county's 42,000 miners are In the Forces. According to an LONDON, July 7 (Reuter)-Mr. Quiet official of the minets' union, the David Grenfell, Minister for Mines, pits are working at top speed. The declared yesterday that the British county output is one of the Government had completed plans 1/3 for Cash highest in the country, but it could to stock coal supplies so that there with sellers at 1/2.31/32 July, be greatly increased if more man-would be no shortage in winter, buyers at 1/3 for Cash,

U. S. DOLLARS power and equipment, were made

Opened with sellers at 23.7/8 available.

Lancashire-Output is restrict-

4

N

Wall Street "close steady. -

BANK NOTES IN CIRCULATION

Chartered Bank of India, 'Aus- tralia and China, $26,882,584.

Hongkong and Shanghal Bank- ing Corporation, $195,333.228. Mercantile Bank of India, Limited, $4,837,949.

Total: $227,032,781.-

Returns of the Average Amount but the market gradually tose and of Bank Notes in Circulation in ed by shortage of labour: There is joined the Forces and others have business was reported as high as Hongkong, during the month end- keen competition between pits for left the pits for more remunera- 23.1/2 for Cash, Subsequently the ed June 30, 1940, as certified by tive work including military camp market ensed off and business the Managers of the respective available labour.

was done at 23.3/8 for cash, The Banks: South Wales.-Thousands of un-construction. employed miners will be given Yorkshire. Many young minera market closed with seller at 23. work very soon. Former colliery joined the Forces when war start-1/4 for Cash, buyers probably at

of experienced 23. 3/8 for Cash workers who drifted into othered. The return

SHANGHAI DOLLARS $120 occupations during the slump are workmen would undoubtedly be

The higest rate done thig mor- to be Interviewed with a view to very helpful. A bigger output their return to the pits.

could be achieved with more men. Ing was 375.1/2, At the elcse there Derbyshire. The shortage is be- Durham.-Miners are voting on were probable sellers at 373 for $6.90 coming acute. No able-bodied proposals that they should forego Cash.

SHANGHAI MARKET

The figure representing the miner is out of work. If production annual holidays and a scheme for

Sterling opened with sellers at average opening and selling rate 16 to be increased and idle pits stopping "absenteeism." They in-

the close the for the month of June, 1940, of reopened, many new hands, insist that before there is a change 3.31/32 and at

and Hongkong

Shanghal cluding experienced men, will be in working arrangements the un-market was firmer at 41/64 for the wanted.

unofficially caah. U.S. Dollars opened with Bankng" Corporation for demand London is settled at should be sellers at 6.1/8 and closed at 6. drafts on

". 14.88. D/32 sellers for Spot.

385

$29

15/6

employed, recently

North Wales.

at 5,000 - Production is estimated suffering badly, because men have absorbed.

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF ..

*FOOTWEAR

Hongkong Daily Press

CLASSIFIED ADVERTISEMENTS

相關

富

ROYAL STUDIO

Art Photographer

Excellent Enlarging & Developing

39, Queen's Rd. C.

Tels. 21184 & 33008.

H.K. Lands, $29:50,

Trams, $14.10."

China Lights (Old), $5.80.

Watsons, $7.50..

SALES

HK. Banks, $1,100/10.

Providenta, $3.20.

H.K. Landa, $29.75.

Trams, $14.30.

China Lights (Old), $5.80.

China Lights (New), $3,

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted

$3

$3.10 $291

#141

6 sta. Hong Kong Mines......

Lands, Hotels and Buildings

H.K. & S. Hotels.

83.10

H.K. Lands... $29 $10 Do. 4% Debentures.... 1870 Shanghai Lands.......................

83.K, Realties.......

18

Humphreys ... $104 Chinese Estates.....

Cotton Mills

$224 Ewo (8.) ...

8910 Bhai Cottons (S.)........)

$3.60

$6.60

Zoong Sings (8.)....... Wing On Textiles (8.) 195

Public Utilities

HK Tramway...

$7.40 Feak Trams (old).........]

$3.70 Peak Trams (new)......

Y'mati Ferries.

Chins Lights (0) China, Lights (New)...

H. K. Electrics (Old)...

Macao Electrics (Old)

$90

Star Farties.

$59

on Saturday, July 6, 1940,

25 70

$2.95

$5.20 $3

HK, Electrics (New)

200 34.00

$38

HK. Electrics. (Old)

500 35.75

$25. E. Election(New)...

500 35.80

817

500 35.00

HK: Tramways

HK. Lands

500 35.25 500 14.30 100 29.75

8

0191

25 28.75

15 29.00

$16 Macao Electrics (Now)

Bandakan Lights...

Telephones (öld)

$2.10

$100

!!

€29

$210

$14.90 14.35 | $14.20'/.30

+++

$67

V

$21

ROOM TO LET

$0.80

$5.80

$3

Comfortable room facing sea at

35.75

$35

North Point use of kitchen and New necessary crockery and dining room-bachelor or married couple.

$8 Telephones (now)....... $7

S'porn Tractions (Ord.}}

Industrials

$14.90 Cald., Macg (Ord.) B.;

$12

$1

Cald., Macg. (Prel.)8.

Canton Ices.....

Cementa

#43 H.K. Ropes.

Miscellaneous

19

Jili

China Providents...... "125 3.20 HK. Hotels

1000

3.25

50 ots.

$13,20

#13

3985

The total value is $93,028.75.

$17.20

Dairy Farma..

$17

$6.00 Entertainments

$8.90

NEW ORDERS FOR

·WAR - MATERIALS

LONDON, July 7 (Reuter)~~The Ministry of Information announced last night that Britain,, had just placed big new orders for war materials' with the Canadian and American Governments.

These amounted to many millions of pounds covered a wide variety of materials and were by far the largest orders ever sent to Canada and America.

$11 $1

Constructions (old)...........

$1.85

Constructions (Low)....

$7.48 Lane Crawfords......

$7

Ad

$2.00

$102

Nanyang Tobacco $3.50 Watsons."** 43.CL. G.5% 1925G-$Bda. H.K. Govt. 4% Loans X.Int. $95 H.K. Govt. 31% Loan

$9.10

$7.50

OB

$30

Wing On

Vibro Pilling

HK. Wing On......

'bsi

季

: 8/9

Marzimans Inv. (Lon.)

4/0

Maramana Iny. (HK)

$1

Wo, Powells

tile to Shangbai:

BUTTERICK

Expert Ladies' Tailor

Style Hendy' Made Dresses

FOR SALE.

without children-Apply 87, Marble | 16 Wyndham Street, Tol. 23615.

Road, Top Floor.

AUCTIONEERS

GREATEST COLLECTHẦN OF BARGAINS IN TOWN!

LAIMERT'S ACCION Rea Laumet, er, ther

Telepon: No Dis

LONDON METALS

Tin.

EXCHANGE.

London. July 5 (Reuter)

384

Standard, Cash, Middle

Price £260-1/4

Tin, Standard 3 months, Middle Price, 288-3/8

FOR SALE

A selection of the best varieties of

RELIABLE V TESTED FLOWER AND VEGETABLE

SEEDS

From

Messrs. Battons & Sons, Reading Messrs. Atles Burpee & Co.,

|_ Philadelphia' Messrs. Arthär Yates & Co. Ltd. Sydney

The opportunity of serving you will be a pleasure and your commands." will have our best attention.

GRACA & CO.

No. 10 Wyndham Etrest P. O. Box 420 Hong Kong.

HOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

1940 ZENITH

NEW MODELS Just arrived NO ABEFAL, NO GROUND, Just plug in and play

CHIẾN YEE HONG

-54. Des Voelry "Boud · C.

Jimmy's

TEA DANCES Tuesdays

Thursdays

Saturdays Sundays

5 to 7.30 İL

Telephone 24311.

ENGRAVERS

FEI FEI & CO. Photo Engravers 18. Cochrane Street

Telaphoria NO, 27734.