1940-07-25 — Page 9

ייד

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

SHARKBROKERS' ASSOCIATION

STOCK EXCHANGE,

Bayin

Sallora

$1180

مولعة

WED., 24.

Hayes

Balleru ndem nomin

$1185

£68

£68

H. Banks

£68

£68

£6

JULY,

Banks

Do. (Col. Reg.)

Do. (Lon. Reg.) ... Chartered Banks ......

298 Marcantile Bks. "A".

Mercantile Bka, "0"

Bank of East Asia..

N. C. & S. Banks...... Insurances

$218 Canton insurances...

Union Insurances.....

1

$73

***

183

£28)

$73

B0 ot.

C

218

"$340.

$340

60 et

Underwriters

retkan-

$180 H.K. Eires.

150 cts $160

Shipping

$120 Couglases

$120

$11

Steamboats

$10

$100

Indo-China (Prot.)...

$100

$80

33/8

$100 39/6

$8.90

::

14

II.K.&. Wharves..

Frovidents

Mining

!11!

896

$3.75

$15.75

$3.80

$15.60 $15

$00

Indo-Chinas (Del.).....

Shells

$6.00 Waterboats

Docks, Wharves,

Godowns, etc.

H.K. Docks (Old)...........] $15.60

H.K. Docks (New)..... $15

#63 +Shanghai Decks........

18/0 Koilans

$9.50 Raubs *******

6 cte. Hong Kong Mines......

Lands. Hotels and Building

II.K. & S. Hotels.......

1. K. Lands.

$100 Do. 4% Debentures...

$9.90 Shanghai Lands...

I.K. Raalties.

Humphreya.....

3311

$3.70

132

18 f

16,0

39

$3.70

$31

$100

83.75

FINANCE & GENERAL

Finance and Commerce

Timber Trade BRITISH RESPONSE TO

Helped By China War

Figures released by the Depart- ment of Forests show that as a result of the China incident- which was followed by a disor-

LOAN APPEAL

£4,350,000 Received Free Of Interest

LONDON, JUNE 27 (BY AIR MAIL) THE CHANCELLOR OF ganisation of the supply of fire-THE EXCHEQUEË, SIR KINGSLEY WOOD, speaking yesterday at a wood and charcoal to Hongkong luncheon of the National Defence Public Interest Committee held at Malaya's Umber trade has in Dorchester House, announced that in response to his appeal for creased by leaps and bounds, says loans to the State free of interest for the prosecution of the war he the Malay Tribune

bad already received in actual cash £3,350,000, with promises amour-.. Respective gross exports of fire-ting to a further £1,000,000

wood and charcoal to Hongkong

Sir Kingsley Wood sald that all In the third letter quoted by Sir according to the report, increased that had happened and was hap-Kingsley Wood a disabled ex-soldier, from 3,429 tons to 8,136 tons in

THURSDAY, JULY 25, 1940. -PAGE 9

PABST

BLUE RIBBON BEER

1939, while exports of sawn timber pening made no difference to the who lost a leg in the War of 1914, also rose from 16.968 to 24.237 British resolve and purpose, Danger enclosed 10s. as part-payment for

hardened our determination, and six woollen stump socks and as Around the World, it's Pabst Blue Ribbon

tons.

The total output of timber alone amounted to 15,186,763 cubic feet of logs and 4,976,193 of sawn tini- ber

totalled last year, which 25,130,145 cubic feet.

should all confront our coming part of his contribution trial without dismay or hesitation. We did not go forward"alone.

EMPIRE IN ARMS

|

to the

country's effort, "not feeling tod comfortable at taking anything for nothing that I can pay for these days, and being as eager as I was years ago to see the defeat of

Germany."

· IMPRESSIVE RESPONSE

The response to his appeal for a

There had been capitulation at Gross exports rose from $744.738 Bordeaux, but the soul and spirit in value in 1938 to $1,304,520, of (bi France would not die and we which $1,056.019 represented un-hoped that Frenchmen all over the manufactured produce-in com-world where they were free could parison with $499,988 the previous continue to fight on to maintain year. Manufactured articles, how-their honour and their liberty un- few days ago for loans to the State $8.65 ever, remained practically station-til victory came. We had an free of interest was no less Im- ary at $248,501, a decrease of a Empire in arms, and we knew that pressive. All sorts and conditions title over $2,000 from the 1938 our daughter 'nations were throw-of men and women, firms, and in- figures

ng everything in. They would stitutions like the trade unions were joining together and showing always be by our side

their patriotism and desire to help

$35

#910

$3

101

Chinese Estates.......

L

Cotton Mil

814 Ewo (S)

$180

S'hai Cotions (9.)........

Zoong Sings (8.).....

H.K. Tramways $16.60

$7.40 Pank Trams (oid).....

$8

$3.70 Peak Trams (new)...)

$57

$151

Wing On Textiles (5.) $115

Public Utilities

$80 Star Ferries........

Y'mati Ferries..

China Lights (0)...... KA

$21

China Lights (Now)... #3]

$36.60

$37

IT. K. Electrica (Old)...

H, K. Electrics(Now)...

$17

$16 $11

$22 $8.30

3224 $22

$15

#14)

$41

H.K. Ropes.....

$18

.....50 ata..

$18.15

Macao Electrics (Old)|

facao Electrics (Now) Sandakan Lights......... Telophones (old)........ Telephones (new)........ S'pore Tractions (Ord.) Industrials

$14,80 Cald., Mang, (Ord.) 8. Cald., Macg. (Prof.)8.)

Canton Ices.....

Cementa

HK. GÖYL“ Loans

$102 14% Loer

34%

(1994)..

(1940)....

Miscellaneous

Dairy Farms..

$8.60 Entortainments 817

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

$95 131%

$95

►

Sinceres

Ch. G5% 1995G3Bds.

!!

$3,30

$7.45 Lane Crawfords.

Nanyang Tobacco.....

$2,60

981

$8.60

Watsons

.40%.

$39

II.K. Wing On

S'hai Wing On......

$14

te

Vibro Piling

8/1

Marsmana Inv. (Lon.)

4/1

Maramans Tov, {H.K.'

$1

Wm. Powells.....

+Rale to Shanghai

MARKET REPORT{

FROM ROZA. - BROS.

The price for Ready Silver

rose 1/4 yesterday to 22.7/16 but

·

།:

$9.25

9141

| 102.)

$36

$35

Increase in exports was, how- ever, not only marked in the case of Hongkong, a considerable in- crease being also made in the shipments to the United Kingdom.

EXPORTS TO BRITAIN." "The increased shipments to the United Kingdom are par- ticularly gratifying and it is also recorded with some satin- faction that the upcountry

mach mills participated in shipments to the extent of #fty-three per cent."of the total," states the report.

"There was no more heartening

ני

Pabst

דאמטאי

BEER

tram

From the Rivièra to Singapore Buenos Aires to Bombay .. in the smartest clubs, restaurants and bars as well as in the Ane homes... you'll And this world-favourite of beers!

Because Pabst Blue Ribbon is in a class by itself. The lighter, restier beer for keener refreshment. Nothing heavy or syrupy to slow

its delightfully invigorating action.

up

And wherever you order Pabst you'll find it always the same. Pure. Delicious Wholesome. For, in every tangy,

thirst- quenching drop, we give you Guarded Good ness from Grain to Glass... your absolute guarantee of the highest quality that. Nature, 95-Year Skill and Modern Scientific Controf ean 'produce.

DODWELL & CO., LTD.

Queen's Building.

had movement had gathered together COST OF FLOURĮ

Tel. 20896.

and striking evidence of the self-the country." sacrifice and determination of all Other individuals and firms with sections of our people. the Chan. the same object in mind had ar- celloz of the Exchequer continued, franged to make payment in ad- than the unending stream of gifts, vance for ability for income- great and small, which were being tax, surtax, and excess profits sent to the Treasury every day tax, The great national savings quite spontaneously. They

"MARKET. VERY come from people "not only. at in certificates, bonds and increas-

FIRM home but throughout the Empire. ed deposits in the savings banks | £234,000,000 for the financing of

LONDON, July 24 (riéuter) the war. It was vital that that

The Chinese press noted with The Stock Exchange was very great movement should go on, as rellet the drop in the price of Sal firm despite the imminence of the Gold-minings continued he believed it would," from strength gon rice during the past few days Budget.. to strength:

as a result of the continuous arto attract active buyers while NATIONAL WAR BONDS rival of many bags of the grain Home rails initially advanced, but from Hongkong, says the N.C.Dlater reacted partially on profit- Referring to the new issue of News. The first grade Saigon rice taking

THREE LETTERS

He read to his audience three letters accompanying "such gifts,

LESS IN S'HAI

Ji

It seems desirable to stress the The first, signed "Confidence." be point that local timbers shipped gan:-"I hand you with this note to the United Kingdom can com-the sum of £250,000, which I ask pete only in the "quality hard-you to accept as a money contrl- wood" market, further adds the butlon to the nation's war effort, report.

and I make it without any cond: National Waz Bonds, Sin Kingsley is sold for $54 per picul se com- Early" "hesitance in gilt-edged This market, it is revealed, will tions or reservation whatever. This wood said that in the last war pared with the former price which securities gave place to strength. accept only material that is ex is a large personal gift simply be that form of tap issue was a great surpassed the $66 mark, ceptionally well saw and free cuuse it happens to be within my success, and he was confident from from defects which in Malaya are power to do so, but I realize that the reception of the scheme and there is no more moral merit about all he knew of the temper of the $181, passed without question.

Referring to the price restrica large sum than about the pounds people that it would serve us in no $1.80 tions imposed by Government at and half-crowns which are being less a degree today,

$95

$6.20

$7

$2.10

Industrials were firm, the lenders"

A Jardine steamer arrived carry-occasionally advancing, and a quiet ng 16.126 hags of Salgon rice, deinand carried some oils higher. while B. & S. steamer arrived Wall Street was steady. with 12,995 bags aboard.

-

In addition to the cheap sale of

of all who could to send in their ap-in the foreign areas, the poor wel- plications without delay. The 2comed the news of the drop

the outbreak of war the report lent or given to the national cause Although the lists would remain states that "the general attitude at this time of dire peril by all open for some time it was the duty ground Balgon rice by 60 rice shops of timber merchants: appears to classes of our fellow citizens." have been reasonable, no serious $8.50/160

40% profiteering being attempted."

H.K. STOCK EXCHANGE

$39

38

Wednesday, July 24. Prices were higher today, but

INVALID'S GIFT OF £1

Government dropped" a little."

The flour was priced at a little

LOCAL ESTATE

Local estate to the value - of The second letter ran:Wiper cent, rate of interest on the the price. As more people are $21,100 were left by the late Mr. Wong At the close of the year there you please accept this £1 note as new bonds was in line with the buying rice, the price of flour has Wong Ping-tong. were 78 sawmills in comparison little contribution to the war ex-general level of

Young, alias Wong Tung, an im- with 72 in operation-fifteen of penditure for this dear old country credit. which were in the Straits Settle-or ours? I wish I could send 10

No one could desire to see are- over $15 per bag, while recently it port and export merchant, who 43 In the FMS., and times as much, but am an invalid petition of the 5 per cent. of the touched the $16 mark, causing died at his resident at No: 794 on a very small fixed income, so it last War. There was no need for doodle shops to increase thele Wong Nei Chung Road, on July 8. Singapore mills alone converted is impossible. My chief regret is it. The spirit of the people was prices

1939.

ments. twenty in the other states.

"

172,445 tons of sawn logs-Import-hat I am unable to help in any high and confident, and to plan Report and rumours about peace Petition by the widow, Wong ed from Bumatra, Johore and way by doing war work of any otherwise would be an unjustified between China and Japan have Pahang-during the year.

pared with 135,758 tons in 1938. "

But, though it might appear from the above figures that the Singapore industry is prospering.

the Forward rate was unhcanged the turnover was negligible owing at the expense of the upcountry!

at 22.1/75. Silver advices report- ed bears as having covered for Cash, The market closed steady but quiet. American Silver was quoted at 34.3/4 for Spot

The London/New York CROSS- rate was quoted at 403.1/2. York/London was quoted at

$1/2.

MARKET

Extremely quiet.

"STERLING

to the absence of sellers.

BUYERS Unions Ins., $340. Docks (Old), $16.60. Docks (New), $15.

Providents, $3.80.

New

381.

Lands, $32.50.

Trams, $15.80.

No business was reported. There were sellers at 1/2.31/32 July/ August, buyers at 1/3 for Cash.

U.S. DOLLARS

No transactions were reported. There were sellers at 23.1/2 July; probably August, buyers at 23.5/ 8 for Cash.

SHANGHAI DOLLARS

A small business was done early in the morning at 3823/4 for Cash. The market closed with sellers at 382, bayers at 382.

SHANGHAI MARKET

Opened with sellers at 3.57/64

and closed steadier with sellers

China Lights (Old), $6.50. China Lights (New), $3.50. Electrics, 36.60.

Telephones. (Old), $22. Telephones (New), $8.30 Cements, $14.75. ... Dairy Farms, $18. Watsons, $8.50.

SELLERS

Hotels, $3.70. China Lights (Old), $5.75. Telephones (Qld), $2250.

SALES

Providenta, $3.75/4.- Landa, 32/33. Telephones (Old), $22.25. Cements, $15. Constructions: (Old), $1.60. Constructions (New), 31,

at 3.29/32. US Dollars atendy | HONGKONG

with sellers at 6.1/8 for Spot.

LONDON METALS

EXCHANGE

London, July 23 (Reuter).

SHAREBROKERS“

mills, the reverse is actually the case, and there seems to be Ettle doubt that the log imports, have been very much under-estimated in the past.

While exports are increasing, Imports have, however, rone down, considerably. Net in- party of unmanufactured wood-products. amounted to 163,126 tons approximately 40,000 tons less than the figure for the previous year--valued at $2,028,349, while imports of manufactured wooden articles fell even lower, decreasing from $1,547,414 to 5998,771 |

LESS TIMBER IMPORTED For timber alone the imports Including teak-wore 95,155 tons, 14,000 less than the previous year: Giving the Department's views. on the decrease of manufactured [articles, the report states · that this was due mainly to the de- crease in the import of rubber chests, the net value of which fell from over $1,000,000 to under |$500,000."

"It la entisfactory to record the manner in which the local ply- wood factory of Malayan Col-

kind. but I can help by my pray-reflection on our determination and caused the price of gold cars to Chang Shia for probate of the will.

cs."

SHOE CO.LTD

HONGKONG SUPPLIES ALL

KINDS OF

FOOTWEAR

POSITIONS VACANT

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•Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

FOR SALE

415 A selection of the best varieties of RELIABLE & TESTED FLOWER AND VEGETABLE SEEDS

HONG KONG TIDE TABLE

From 25 to 31 July 1948/ - HIGH WATER.

Height

Height.

Low WATER

A. A

Boog Kaps Standard Time.

: Hong

Kong

Standard

Time

b.z.

M15.

01 2047

08/12

12 08 14

13 4 101010

(12:35:16.0 1941

Sat

97

|09 23 - } 6-1. 08. 29.

San. 28

Mon. 20

03.50

| Heries, Limited, was able to in- Thur. 28

crease production following the

ASSOCIATION outbreak of war by no less than Fri 28

Talumo of Business Transacted

on Wednesday, July 242. Dairy Farma

200 18.30 200 15.00 Cementa

Standard, Cash, Middle China Providents. 1000

Price, 267-1/8...

Tin, Standard, 3 months, Middle

Price 258-1/8

1400

The total value is $10.680.00

4.00

2,000,000 square feet or sheets," adds the report.

LONDON GOLD

Landon, July 23, (Reuter),

Bar Gold Fine per oz, 168/A

From

Mesari. Suttons & Sons, Eeading. Messrs. Atlee Burpee & Co., Philadelphia Messrs. Arthur' Tates & Co., Ltd., Bydney

The opportunity of serving you (01 55) 149,07 95% 3.6 will be a pleasure and your commands will have our best attention:

0

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AT

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