1940-08-05 — Page 9

HONGKONG DAILY PRESS

Finance and Commerce

Effect.

Of Border Closure

Owing to the inability of Chi- nese agents to

valued 隐情 several millions of dollars are at present lying 100 stores and gedowns in the Colony The goods were purchased on account of the Chinese Govern- ment and the agents are now considering re-selling a portion of them.

INDUSTRIAL ACTIVITY

IN CANADA

Industrial activity In Canada at

PRODUCTION OF CREAMERY

BUTTER

The Canadian production: of creamery butter in May totalled.

FINANCE & GENERAL

FAMINE FACES EUROPE AS FOOD PROBLEM WORSENS

.

LONDON, ARz. 3 (Reuter)---Frophets of a food shortage of famine proportions in Europa this winter would seem to bave forecast correctly as indications from France, Norway and Den- mark are that the food situation, already bad, will become

worse.

"The French Minister of Agricul- ture announces that France must submit to still greater restrictions of meat in order to build up her livestock.

He has also issued severe restric-

Evacuation Aftermath

"BUSINESS BAD" IS LOCAL CONCENSUS

and transport May 1 showed a decidedly upward 27,246,699 pounds as compared with tions on margarine and butter, facilities to the interior, goods movement which resulted is 18,802,181 in April and 27.827.443 and has taken steps to prevent higher level of employment than in May, 1939. During the five people from buying more butter, at the similar date in any other months ended. May, the output cheese and meat than they need able, with the exception of 1929. year for which statistics are avail-aggregated 73,970,814 pounds as and official cards are now neces

against 72,953.853 in the similar sary before people can re-zell such The staffs of the 11,970 co: period of 1939.

Shops, dealing in women's and. food to other people.

children's apparel have been the operating establishments Aggre

The German radio states that hardest bit by the evacuation, fated 1,117,547 as compared 'with

Norwegian markets are being sup though nearly every kind of small 1,094,600 at the first of April, an

fashionable modistes have been as there is a shortage of fodder. merce states that restrictions tailors, and the Indian silk stores The Danish Minister of Com-hard hit, as the Chinese ladies the sale of parafine,' sugar, mar-

Cheese

production in May jadvanced to 12,902,933 Pounds

It is understood that one of tns/increase of 2.1 per cent. This gain from the April total of 4,845,111 piled daily with fewer eggs and business has suffered. The more

pounds and the May, 1939 output the arst five months of 1939 was of 11,217,878 pounds. The total for

23,755,552 pounds compared with

slightly exceeded the average for biggest Chinese purchasing arms May 1 in earlier years of the re- in the Colony is now negotiating

of for re-sale the goods

Based on the 1926 average as 100; 18,583 620 in the similar period of (garine, cocoa and coffee have come deplore the poor state of American dring from where. the goods were originally purchased.

cord.

to

the crude index rose from 111.9 at April 1 to 1343 at May 1. For May |

1939.

NEW STANDARD furnished data, showing that they HONGKONG

PRICES

New standard maximum prices for butter, condensed milk and evaporated milk are issued by the Controller of Food, Mr. J. H. Tag- gart, in the Gazette.

The prices come into immediate effect, and are as follows:

BUTTER

1 last year 11,607 firms had

employed 1,030,713 persons, Rt which time the crude index stood at 106.2

NEW HIGH LEVEL Manufacturing reported substan-

SHAREBROKERS

ASSOCIATION Volume of Business Transacted 'seasonal improvement, the

on Saturday, August 3. index standing at a new high level china Lights (Old). 280 of 125.7 per cent of the 1926 aver- The total value is $1,784.00

tial

age. This figure compared fav- aurably with the previous maxi- mum of 123.4 at Apr 1; in the

6.30

into force since the Germans in- vaded the country.

business

LI

MONDAY, AUGUST 5, 1940. -PAGE 9

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRY GIN

DISTILLERY LONDON.

NO COLOURING MATTER NO

INJURIOUS INGREDIENTS

CONSTRUCTION OF

300 TANKS

Canada has begun, the construc- tion of 300 tanks. The acceptance

of an offer by the Canadian Gov- ernment to build tanks of a type

HIGH GRADE AVIATION GASOLINE

Drops in sales for the manth įrange anywhere from 95 per cent LAND UNCULTIVATED

for the more exclusive establish LONDON, Aug. 3 (Reuter)-The ments to a general slump of 23 to food problem in German-occupied 35 per cent, for stores enjoying a

was described by a considerable Chinese clientele, territories Netherlands commentator over the

Emall business has been the Berlin radio yesterday.

hardest hit, and has suffered con- Anyone. he said, who travels siderably from bad debts conse- through France, Belgium, and Hol-agent upon the evacuation, it is tand will conarm the difficulties learned. The public prefers to the people will have to face this keep its money, one old-established winter.

Chinese tailor told us, with little He himself made a trip from regard for the fact that the times per lb. period from 1920 until the expan-under review were in the food, Paris to Brussels and saw large are as troublesome to the trader as

Reserves of high grade aviation ston which followed the outbreak lumber, pulp and paper, clay, glass areas of land not cultivated or into his client of war last autumn, the high in-and stone and iron and steel divi-which crops are being ruined be-

now in use was cabled by the Bri-gasoline. on hand in Canada are dexes had been those of 121.7 at sions, but many others, shared in cause they are not attended to:

Even the big department stores tish Government and an order for new very substantially in excess October 1, 1937. and 121.8 at August the upward movement. The ex-only one out of every three in-

and habitants is in the areas affected, complain of a drop in business, 300 of these tanks was placed. of the Air Force and Atz-Training - 1. 1929.

ceptions were the leather

He was particularly impressed the women's and children's depart-

proceed im- Flan requirements during the com The largest increases at the date tobacco groups

by the wheat crops. which are ments alone accounting for a 30mediately with the work were ing year; according to an announ

per cent, foss in total sales that led by the Hon. C. D. Rowe, cement made by the Department not made up for by either steadi- Minister of Munitions and Supply of Munitions and supply. new or gain in other departments, and the assembling of the mate

Grocery stores report an occarial and equipment is now well sional farge order that can be at-under way. tributed to rood boarders. and are not as badly affected "as other

LONDON, Aug. 3-(Reuter)-Canadian war planes and for the businesses. Cafes and, restaurants The London Borough Council of training planes which will be em- It was a particularly dull mom-cater to as good a clientele as ever, Islington reports that careful say-ployed under the British Com-

Fresh Butter-Best quality $1.30

Sweetened Condensed Milk

per tin

Eagle, 7 02,

.32

Eagle 14-03,

.64.

Eagle. 21 oz.

.15

Gold Medal, 14 oz.

Lighthouse, 14 02.

Lighthouse, 24 oz. Peacock

Longevity, 14 02.

HONGKONG SHARE QUOTATIONS

now over-ripe.

STOCK EXCHANGE

SHAREBROKERS' ASSOCIATION

.80.

Longevity, 7 oz.

.30

Buyer: Belfra

Baler Samtal

Longevity, 2 oz.

Swan, 14 oz,

.44

SATURDAY Bayer

3 AUG.

Banks

Battery Bale Womia!

H.K. STOCK EXCHANGE

Swing. 14 oz.

.50

Saturday, Aug. 3.,

EVAPORATED MILK

Toddler

Ideal, 18 oz.

Ideal, é oz.

Milkmäld. 14 oz.

388-488-188 989885829888=ARR

Milkmaid. 6 oz.

St. Charles, 14] oz.

$215

St. Charles, d'oz,

ww

Nestles, 144 0%

30 cta.

Nestles, 6 oz.

.17

Peerless, 14 OZ.

.40

Peerless, 6 oz.

Dykeland, 144 02.

+38

Carnation, 141 oz.

·Carnation, 8 oz.

!!!!

#H

81150 C.D. H.K. Banks

Do. (Col. Beg.).....

Do. Lon. Bag.)....

Chartered Banks .......

XD.

£06

£63

1

222

Mercantile. Bks. "A".

21

Mercantile Bks.

$73

Bank of East Asia......

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

4

Insurances

Underwritora ja

Canton Insurances..........

$350 Union 'Insurances...

"3160 H.K. Fires.......

Shipping

$120 Douglases

$11 Steamboats.t

$100 Indo-Chinas (Pref.)...

180

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

33/Shells

$6.00 Waterbosis

Docks, Wharves,

::

Godowns, etc.

$90 H.K. & K. Wharves.... $80

$31

Providants

$16.40 H.K. Docks (Old).....

$16

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

#28

16/0

+Shanghai Docks......

Mining

Квіталь .....

$9.65 Ranba

6 cts. Hong Kong Mines......

Lands, Hotels and

Buildings

*****

$215

120 cta

*RES-

£111

$1180

L8B

ing's session.

£01

BUYERS

Electrics (Old); $36.75_

SALES

H.K. Banks, $1,185,

$350

China Underwriters. 10 cts. Cements, $15.

****

$73

150 ct

30 PER CENT, DROP

and some enjoy an increase in the number of regular diners,

"BACHELOR'S MESSES"

Instructions to

The reserves have been built up

voluntarily by the off companies.

They comprise the high octane"; grades of gasoline essential for

ing of household waste, even be-monwealth Air Training Plan. fore the war, resulted in a saving of £15,000 last year...

The employment situation in res- pect of amaha has taken its worse tum in local history, and a good

books is admitted. 200 or more have lost their am-though men cannot take as easily

tive

story

ployment. Cook-boys remain in

to the novels of historical romance steady jobs, and there has beer that are always so in vogue with

BROKERS LOANS even a demand for good man

New York, Aug. 1 (Reuter). Loan on securities to brokers in

3:80

$120

$10

$100

$100

New York:-

་།

33/11

$6.00

Week-ended

$3.65

#18)

$154

***

women,

"Business is bad" has become a general complaint,

his line with the establishment of a number of “bachelora" messes.” Jewellers are wary of the future

PETITION RECEIVED .. and one store in Kowloon has

The Hongkong Government has closed down. Curio dealers remain Week-ended.

Week-ended open, dependent yet on a tourist already received the petition of 27/7/30 25/7/40 1/8/40 trade that though greatly dimi-local husbands who are endeavour- $523,000,000 $288,000,000 $302,000,000 nixned remains alive with the con- to obtains modification of tuued visits of American Liners the Government's compulsory eva.

cuation schema.

The petition has been received

(Reuter)

'RMALL RUSH

.:

2

The capacity of the Canadian ofl: refineries is sufficient to take care of the expanding needs of the R.C.AF. and the air training plan in 1941 and 1943.

NEW ZEALAND SURPLUS

LONDON, AZg. :3 (Renters A surplus of revenue over expen- diture of £100,000 for the firrt, quarter of the year is announced in New Zealand.

Revenue has increased by. £1,000,000 as compared with last year while expenditure has de. creased by just over: £250,000 - 1000

The Minister of Firiance ex-

́LONDON, . Aug. 3 #971 The increased taxes on tobacco at Book-stores, after looking for- but I have no further information" plains that this is expenditure of Home have caused people to cutward to the lonely husband deve-sald Government spokesman. a non-military character, as the down on their smokes, and manu-Toping the reading habit that was However, Mr. M. A. da Silva, soil-military expenditure is carried in facturers are to reduce withdraw-not as possible in married life, ad-citor, through whose hands the a separate account. [. als from bond in August and Sep-mit an impatience with the fat-petition was forwarded to the Gov- Indications are that the budget tember by 10 per cent as compared lure of this habit to develop. A ernment, said that the Government estimates are being closely adher- with last year.

small rush for, mystery and detec-had not made its reply. »

18/0

10

ង

ed to:

Gloria, 14 oz.

Gloria, 6 cz.

Tower. 14 oz......

NEW EXPORT AND

RE-EXPORT ORDER

Destinations For Which Licences Are Required

The export and re-export, ex- cept by licence, of all goods to the following countries is prohibited by a notification in the Govern ment. Gazette issued by the. Con-. troller of Trade, Mr. E, W. Hamill- ton, under the Defence Regula- tions:

Rumania, Bulgaria, Greece, Yuro-Slavia, Hungary," U.S.S.E. (Black Sea Forts), Turkey. Finland, Sweden, the Baltic States, Switzerland, Spain and the Spanish dependencies, ins clading the Spanish zone of Morocco, Portugal and Portu. guese Atlantic Islands and Tangler.

Applications for licences must specify in as great detall as possi- ble the route by which the goods concerned will reach tination.

their des

LONDON STOCK EXCHANGE

the

LONDON, "Aug 4 (Reuter) In the Money Markat borrowers. found conditions easy throughout the week The whole of £65,000,000 Treasury bills offered rate was allotted at an average. of £10. 4.800.

Competition was less keen, Irence the market received 46 per cent of its applications, com- pared to 31 per cent in the pre- vious week.

Wall Street closed irregular.

British Columbia lumber expor- ters had 67,533,000 board feet of lumber inspected and grada for shipment to the United Kingdom In April an increate of about five million feet over the previous monta

#31

H.K. & 8. Hotels.

$321

H.K. Landa.............

$164

$100 Do. 4% Debentures...

$10.10 Shanghai Lands.

$34 H.K. Realties..

$7

Humphreys .......

$101 Chiness Estates... Cotton Mills

$35 Ewo (8.)

$200 S'hai Cottons (8.)........|

Zoong Sings (8)

$3.10 $3.25

$321

$100

Wing On Textiles (8.) #115

Public Utilities

| H.K. Tramwayman.in] #15

7.40 Peak Trama (old)..... $3.70 Peak Trams (new).... $674 Star Ferries...............

$21

Y'mati Ferries.....

***

$3.70

****

$6.75

SHOE CO.LTD

$36

$200

$154 $154

$57

$31

$8.50

$3.66

#381

$36

China Tights (0)...... $3.55 China Lights (New)...

ELK. Electrics ([D1d).....) $381 36.K. Electrical New)... $17.

837/38

Cung mun merdL

Macao Electrics (Old) Electrica

$16 Macso

#11

122

#31

Sandakan Light

(Now)

Telephants. (old)....................

Telephones (DRW).

B'pore Tractions (Ord.) Inddstriels

$14.00 Cald., Msog. (Ord.) 6.

$19

781

$99

Cald., Macg, (Pref.38.

Canton Ices.

Cement

H.K. Bopcilmen HK, Gori, Lonas

4% Loan

#0681%

$95 34%

(1336) *** (1940) Miscellaneous

#18 Dairy Farms. $6.80 Entertainmenta $1.80 | Constructions (öld).

Constructions (new).!! $7.45 Lane Crawfords

Nanyang Tobacco

82,36 Binteres

35

Ch; 0.5% 1925G#Bds. ILK. Wing On 22 Bhat Wing On'!

28 Vibro Pingente

· 8/13 ||| Maramans Iny, (Lon.

4/0) | Maramans Inv. (H‚K.

Wo. Powells..

Bile to Shanghai,

Law

$15

102.

$8.30

HONGKONG SUPPLIES ALL

· KINDS OF

Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

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ROYAL STUDIO

Art Photographer

Expellent Enlarging & Developing

39, Queen's Rd, C.

Teis. 21184 & 3200%.

EXEMPTION FROM

STAMP DUTY

In exercise of the povera com-

FOR SALE

ferred by section 18 of the Essen- a selection of the best varieties of

tial Commodities Reserves Ordin RELIABLE & TESTED

50 otance, No. 38 of 1939, and section f

HOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

TEA DANCER

Lesdays:

Saturday

ENGRA

Sund

FEI FEI & CO Photo igravers 18, Coch Street:

of the Stamp Ordinance, No, of

1921, the Governor in Counci

makes the following regulation, to

under the said Ordinance No. 38

FLOWER AND VEGETABLE SEEDS

895 be added to the regulations made Messrs. Battons & Sons, Reading

of 1938 and published in the

Messrs. Atlee Burpee & Co.

Philadelphis

$183 Gazette of 10th November, 1939, 9 Mears. Arthur Yates & Co., Ltd.

$6,30

$1.85

Government Notification 1033, as aubsequently amended.

Any Instrument or other docu- $2.05 ment executed by any person who satishes the Collector of Stamp Revenue that the document is ne cessary for the purpose of com- plying with a condition imposed under section 7 (3) of tial Com

ances

dinance, 1921

Reserves

Ordina from

Funder the Stamp Cr-

Bydney

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

GRACA & CO. No. 18. Wyndžiam, Street, PO Boxő feln BergkKong.

GRLAM SI

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Jimmy's