HONGKONG DAILY PRESS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Dayara Bellers
*******
$340
!!
SHARYBROKERS' ASSOCIATION.
BATTE Buyer
Bsion
"Bala-Nomica); TUESDAY 23,
JULY.
Banks
$1180
H.K, Banks
LON
£68
Do, (Lon. Reg.)
Chartered Bank
Do. (Col. Bog.) *****}
88 Mercantile Eks. “A”.
$73
Marcantile Bka. "C"
Bank of East Asia
N. C. & 9. Banks...... Insurances,
#218 Canton Insurances......
Union Ipearances.......} $340
60 cta] Underwritera ...
$100
II.K. Fires.....
Shipping
$120 Douglased ...
#
#1180
£68
50 ots
$180
!!!
$73
$218
$31
#31
$11
Steamboats
$100
Indo-Chinas
*190
31/10
Shells
195
$3.80
(Pref,)...
1
122)
Indo-Chinas (Del.)...........)
16,80 Waterboats
Docks, Wharves,
Godowns, etc.
HI.K. & K. Wharves..
Providents..................$3,75 H.K. Docks (013)...........) #15) H.K. Docks (New)...........] $14] #20) +8hanghai Dock......................
Mining
13/6
Kailans $9.00 Raubs
5 ota, Hong Kong Mines.......
Lands, Hotels and Buildings
H.K. & S. Hotels.......
H.K. Landa............. $31
$10 Do. 4% Debentures.....
$10.30 Shanghai Lands.........
$7
H.K. Renlties......... Hamphreys ...
FUT Chinese Estates.
Cotton Mills
$344 Ewo (5)
8210
S'hai Cottons (S.)....
Zoeng Sings (S.)....
Wing On Textiles 18.)) $125
Public Utilities
HK. Tramways......... $154 $7.40 Peak Trams (old).....
$3.70 Peak Trama (new)...
Star Ferrisa. ................
Y'mati Ferries..
China Lights (0)........ China Lights (New).
H. K. Electrics (Old).
1357 |H. K. Electrics(New).
Macao Electrics (Old))
Bandakan Lights.......
Telephones (old)......
Telephones (new)........ S'pore. Tractions (Ord,) Industriala
$14.90 Cald., Macg, (Ord.) 8.
Cald., Macg. (Prof.)S.
815.40
$15.40
$21
$6.40
$3.45
$36
$30
$17
916
Macao Electrics (New)
#11
+4
$13
$1
Canton Icos..............
14:35
...
H.K. Bopes
$18,10
Cements
HK. Gort. Loans
$102 4% LOSI
$95 133%
(1034)
690 N
(1940).
·Miscellaneous
Dairy Farms..........
$9,60 Entertainments" #14
$7.40 Lane Crawfords.
܊ ܐ ܊ ܊ ܃
$3.80
890
FINANCE & GENERAL
Finance and Commerce
MONEY AND Importance Of Foreign
EXCHANGE
CLOSING QUOTATIONS
July 23, 1940.
On London:
Telegraphic Transfer. 1/2 1/8 Bank Bills, on demand 1/9 1/8 Credits 4 months' sight 1/3 1/3 - On Shanghai:—
11
On demand *.
***** 305
On Singapore:——
$120
On demand
$10
$100
On Japan:-
$100
On demand
559 3/4
97 3/3
31/104 On India:---
$6.00
*Telegraphie “Transfer.)
and demand
89 1/9
On New York:--
Bank Bills, on demand 23 Credita, 60 days' sight 24 1/2
On Batavia;~~~
$28
On demand......
43
On Paris:
15/6
Bank Bills, on demand 1085 Credits 4 months' sight 1160
On Balgon:-
On demand
108.
On Manila:
+3
$3.70 $3.70
L
On demand
46
$100
On Bangkor:-
3.90
...
On demand ............................. 149 1/2 On Sterling Note:--
$8.65
Bank Buying Rate Bar Ellver per os.
12:
$37
$18)
$35
Fak
1/5 99 3/16
MARKET REPORT
FROM ROZA, BROS.
The price for Ready Silver dropped 7/16 yesterday to 22.5/16 but the Forward rate was un- changed at 22,1/16, Silver advices reported Speculators as having resold for cash. Demand was poor. The market closed steady but quiet. American Silver was quoted at 34.3/4 for Apot.
The London/New York cross rate was quoted at 402.1/2. New York/London was quoted at "381. MARKET
$29)
881
Quiet.
50 ots,
$14.35
102
STERLING
r
There were sellers at 1/231/32 July probably August, buyers at 1/3 for Cash. ́
+1
Trade Stressed
There was only one appeal against the decision of the Local Tribunal when the Appellate Tribunal sat for the first time in `Singapore, namely, that of Mr. H. B. W. Hyde, Far East, sales' re- presentative of Messrs. Jensen & Nicholson, Ltd, of *Stratford England. The appeal of the Commandant, S.S.V.F.. ngalist the exemption of certain 'Harbour Board personnel has been · with- drawn, in toto, it is understood
་
to
The Appellate Tribuñal, con- { for a SåVF. officer and when sisted of the Hon, Mr. Justice | Major Hutchins arrived they re- Gordon Smith (Chairman), Mrsumed the hearing. " H. D. Mundell and Major R. Li
. The
the Chairman explained Nunn
Appellant's case and Major Hut- Mn Hyde in his appeal for exchins suggested that Mr. Hyde be emption from 'compulsory service given a six months' postpone- "emphasised the Importance of ment "You will not be able
maintaining and increasing
be the tell what the conditions" will Far Eastern trade of his drm, at the end of that period, paint manufacturers in England. might not even be possible to enable it, firstly, to make up get supplies from England. the losses sustained in the Home tortnight before the end of that And Continental markets and period, if conditions are still the secondly, to maintain its stad same, Mi. Hyde can make a fur- which included technical experts, ther application for postpone | some of whom were engaged by ment.". Malor Hutchins added, the Government.
It
to
A
WEDNESDAY, JULY 24, 1940. —PAGE
BLACK&WHITE
MATURITY WITH PURITY}
YOUR FIRST SIP TELLS YOU IT'S THE SCOTCH.
this CHINA SETS ABOUT PUTTING
NEW ROUTES INTO SHAPE
The Tribunal accepted Mr. Hyde said he was making suggestion and Mr. Justice Gar- the application on the instructions don Smith gave Mr. Hyde a post- of his principals in England. He, ponement certificate till the end personally, was anxious to help of this year. The appellant was in every way possible and" was told that if he was not in this not trying to shirk his liability. country and wanted 3 further It he went into training he would postponement he could write of not be able to visit the Far East-cable to the Tribunal a fortnight ern markets. His business often before the expiry of the present took him to the Far East and he postponement certificate, submitted that the gain of for- eign exchange through this bust- mess must be of importance to the British Government.
:
the
Tung Oil In India
KUNMING, July 23 (Central)-Appropriate measures to re- adjust China's transportation system following the Closure of the French Indo-China and Borms routes by the Frenck and British Governments were decided upon at a four-day Nation nal Transportation Conference summoned by the National Govern- ment at Chungking recently, stated Mr. Chang Pang-ban; Yun- nan Commissioner of Reconstruction, yesterday when interview- led upon his return from the wartime capřía), Mr, Chang declared that the as-! tional and provincial governments| are determined to improve the transportation facilities, by mobil- ising human, material and animal tung powers with a view to frustrating con- the enemy's blockade...
IMPORTANT DELEGATES
Britain's Raw Materials
LONDON, July 23 (Reuter)——Br).
EFFECT OF HOSTILITIES His chief competitors in these markets were the Chinese, Jap- The possibilities of the anese, American and Dutch oil industry m. India are manufactuers. Hostilities had siderable, in the opinion of the affected his firm considerably Industrial Bection of the Indian
Practically all commissioners oftain's raw material position has so and it was important for them Museum, Calcutta
(Botanical reconstruction and other important much improved that it is now pos that thelf business in
Far Survey of India) based the officials responsible for transporta-sible to restore the full allocation East should increase. Gover-study of experiments carried out tion in the different provinces were of raw materials for the export ment too would undoubtedly want in several parts of India, Burma. present at the conference.
trade, at the same time Fully mam- this organisation; " which em-Ceylon, and China. ·
While in Chungking, Mr. Chang taining the necessary supplies for ployed many hundreds of people! Otherwise known as the Chi- submitted a comprehensive scheme the increasing munitions produc- in their factories, to be maintain- nese wood oil, tung of is used for increasing the production of
The vital importance of, ed. To do this the revenue from in large quanities in India bat foodstuffs in Yunnan province to intaining the export trade le the Far Eastern markets
was much of it is imported. Mixed meet the demand of the growing fully realized by the eTNINGUK, essential.
with vermilion." American rosin population to Generalissimo Chiang was stated today, and to time. The agents could not carry on, rostnesters or synthetic rosin, the Kai-shek and Dr. H.H, Kung, Pre-end the policy of taking stepa to and it was essential that he, the all gives the best varnish. The sident and Vice-President of the restrict home consumption where 23.9/16 for July. The market principals representative, should combination with vermilion in Executive Yuan, for approval. Both possible, will be pursued.
be on the spot to
or particular produces a fine paint, Generalissimo Chiang and Dr. "The trade returns for June show foster trade. The agents mostly with a rich glossy surface, which Kung approved of the scheme and a fall of £14.8 million in imports lacked the technical knowledge one gees in the pagodas of Burma,
promised to appropriate funds and a decrease of 9.3 million in. With which he was trained.
MONOPOLY IN CHINA
from the national treasury to exporta as compared with May. Conaldered superior to Linseed
This was mainly due to the cessa- finance its execution. by Jenson & Nicholson, Ltd., to oil, it is employed in linoleuni of
tion of trade between Great Bri the Becretary of State for the factories as a substitute. It forms)
tain und Asla entalled by the diver- Colonies that Mr. Hyde WRs an important ingredient in
|sion of shipping from the Mediter- responsible for trade
of amounting leather dressing, and is one to £30,000 per annum in the Fär the best
The Hongkong. Stock Exchange waterproof coatings Eastern markets. His applica-known.
It is also used in elec-states they have received the Ini- tion had also the support of the trical industries for the manu- lowing cable from the Raub Aus-roods to the United States, South Department of Overseas, Trade in facture of certain Insulating ma-tralian Gold Mining Co. England.
U.S. DOLLARS
$95
A small business was done at
$18.15/20
closed at lunch time with sellers at 23.1/2 July, buyers at 23. 5/8 $6.20 $1.86 for Cash,
SHANGHAI DOLLARS
the
A small business was done dur- early" part $210ing the
$8 morning at 383 for Cash. The.
market closed at 1 p.m. with sel. lers at 382,-
Constructions (old)......
Constructions (new).
$7
142
Nanyang Tobacco... $3.30
$2.80 Bincares
Watsons
43%, Ch. G.5% 1925G $Bds.
43
$39
H.K. Wing On
$30
S'hai Wing Os
$14
18
Vibro Piling
8/6
4/0
Marsmans Inv. (H.K.)
"$1
Wm. Powells...
MUSKRAT
Marsmans Inv. (Los.)
+Sale to Shanghai
RESTORATION
SUCCESS
Efforts of the Manitoba and Dominion Governments to re- plenish, the muskrat population of the vast marshlands east of The Pas are bearing fruit, according to the Indian Affairs Branch, Depart- ment of Mines and Resources, Ottawa, which reports that 126,000 muskrats were trapped this spring by the Indians and half-breeds of the region.
This catch represents the first harvest of pelts from the 135,000- acre area set aside five years ago for development as a muskrat breeding grounds, Daring this in- terval no trapping was permitted and water were raised and regulat ed by the construction of dykes
and dams.
Under these conditions the muskrats soon started to, come back, and have increased from about 500 to more than 200,000 in 'the five-year period.
INITIAL PIELD
H.K. STOCK EXCHANGE
SHANGHAI MARKET
Sterling opened with sellers at 3.7/8 for Spot and closed with sellers at 3.57/64 for Spot. UA. Dollars opened with sellers at 6. 1/18 and closed steadier at 8.1/8.
AFTERNOON MARKET
establish
Representations had been made)
A POSTPONEMENT
RAUBS REPORT
ranean
On the other hand the export of
America, Canada, South Africa and Australia were all anamtained at the high average level of the thres preceding months;
terial China uses this oll as a Report No. 561-Fine Ounces coat for boots and wood-works, 1502 Profit $29,000:- Mr. Hyde said that it was usual while it is used as a lubricant for
Another factor upon the decrease for him to be away from Malaya machinery. For a long time the tropics and sub-tropics. In India. The market was quiet to the for two-thirds of the year. industry was the monopoly of Assam and Bihar are the two pro-in exports was Italy's entry : isto. afternoon.
The Tribunal retired for about China, where the trees grow in vinces where the plant has been the war and the cessation of trade 25 minutes and meanwhile sent profusion -- in
STERLING The market closed with sellers Market continues steady and with at 1/2.31/32 July, probably Aug-
a continuation of enquiries but ust, buyers at 1/3 for Cash. there is still a pronounced dearth' of scrip.
BUYERS
Union Ins., $340. Docks (O), $15,50. Docks (N), $15. Providents, $3,75. Lands, $31.50. Trama, 315.40. China Lights (0), $6.40. Electrics (0), $38.50. Cements, $14.25. Watsons, $8.40.
AL SELLERS HK Banks, $1200. Hotels, $3.75. Telephones (0), $22.50.
·MALES
Yaumati Ferries, $21. Electrics, (O), 337, Electrics (N), $35:50. Telephones (0),- $22.25, Dairy Farms, ' $18.15. Watsons, $8,80.
HONGKONG
U...S. DOLLARS
The market closed with sellers
at 23.1/2 July/August, buyers at 23.5/8 for Cash,
SHANGHAI DOLLARS
Closed with sellers at 382. SHANGHAI MARKET Sterling closed with sellers at '3. 57/64 and U.6. Dollars at 6-1/8 for Spot.
Shanghai Exchange
Bhanghai, July 23 (Reuter).
Official TT. Rates
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
Opening
London
0/3-3/4
New York
5-1/8
Japan Paris
24-1/4
20-3/4
Hongkong
24-7/8
Bierling
Sellers
CORDELL
Opening Closing
8pot July Ang.
BIG
JOB
Q/3-7/8/0/3-7/8"
U.S. Dollars.
Spot
$6-1/8
$60-1/8
July
6-1/8
Aug.
6-1/16
- 6-1/85- 8-1/16
500 $ 500
8.50 8.80
Market Quiet.
SHAREBROKERS"
ASSOCIATION
the
mountainous | successfully .gTOWN.
Hongkong Daily Press.
CLASSIFIED ADVERTISEMENTS
SEEDS
Philadelphia
with the invaded territories."
相關
ROYAL STUDIO
Art Photographer
Excellent Enlarging & Develop
39, Queen's Rd. C..
Tels. 21184 & 33008.
10 p.m.
0/3-57/64 0/3-57/64". 0/3-67/64 0/3-57/64
200 14.50 India Rupee Paper
Bombay, July 22 (Reuter), Govt 34% Rupee, 87-14-0,
Cementa
Under the supervision of the HLX. Docks (0) provincial authorities the fur was
shipped by truck to the Winnipeg
50
15.50 15.70
50
15.75
fur, auction, and the proceeds of HK Telephones (0) 500, the sale wil provice, a much-need-HK Banks
22/25
ed means of self-sustenance for
1,165.00 Calcutta Exchange
four hundred Indian and half-
1.851
breed families.
The total value is $26.116.00.
Calcutta, July 22 (Reuter). TT on Japan, 33-1/2
POSITIONS VACANT
WANTED-Experienced proof reatier--Apply Manager, Hong Kong Daily Press, Marina House.
FOR SALE
415 A selection of the best varieties of
RELIABLE & TESTED LL HULL'S FLOWER AND VEGETABLE
From
NEW YORK, July 23 (Reuter) Mesars, Suttons & Sons, Reading American Radio commentators, Messrs. Atlee Burpee & Co., paying great attention to the
Havana Conference, all agree on Messrs Arthur, Yates & Co., Ltd. the magnitude of Mr. Cordell Hull's task
One typical comment is: The Conference the most important thing Mr. Ell ever attempted, and. If he does not succeed in solidifying the Americas it will be tragios16/
LONDON GOLD
w London, July 22 (Renter) FBI GA. Fine, per on 1887-
Bydney
The opportunity of serving you will be a pleasure and your commands will have our best attention.
GRACA & CO.
10%Wyndham Street Box $20 Hong Kong.
HOTELS
RUSSIAN CUISINE / MORE POPULAR EVERY DAY
METROPOLE HOTEL
AUCTIONEERS
GREATEST VOLTA CTION
BARGAINS IN JOWNI
LASINEETS BOCHON ROC
BUTTERICK
Expert Ladies Tallor
New Styla Besdy Made Dresses FOR SALE.
10, Wyndham Street,
TEA:İDANCES Tuesdays
Thursdays
Saturdays
· Sundays
ENGRAVERS
FEI FEI & CO
Photo 18, Cock
Jimmy's
The initial yield of fur from this ambitious restoration project, un- dertaken to improve the economic welfare of the Indians and half-
Volume of Business Transected:
on Tuesday, July 23, 1940.
breeds, is reported to be of high | AB. Watsons quality, about 60 per cent, of the Delts being of seal zrade.
No comments yet.
Private notes are available after approval.