HONGKONG DAILY PRESS
LAMMERTS' AUCTIONS.
PUBLIC AUCTION.
THE Undersigned have received
instructions
4
to sell by
PUBLIC AUCTION
On
Wednesday, the 28th August, 1940
commencing at 5.15 p.m.
at their Sales Room, No. 2, Con- naught Road, Central, Room No. 205, Second Floor"
A VALUABLE COLLECTION OF POSTAGE STAMPS
comprising:-
Hongkong, Hawali and Rare.. British Colonials
On View from. Tuesday, the 27th August, 1940.
Ternis: Cash on Delivery.
LAMMERT BROS.
AUCTIONEERS.
D
FINANCE & GENERAL
Finance and Commerce
H.K. STOCK
EXCHANGE
The market was quiet, but HK. Banks were dealt in at the im- proved rate of $1250 and closed with buyers still unsatised.
BUYERS
HK Fire Ins., $140. Providents, $3.95." Hotels, $3.40.
Humphreys, $8.50. Realties, $3.10. Trams. $15.35... Yaumati "Ferries. $21.25. China Lights (0), $6.60. China Lights (N), $3.50: Electrics (0), $38.75. Telephones (0), $21.85. Telephones (N), $8.75. Cements. $13.10.
SELLERS China Underwriters, 10 cts. Docks (0), $16.25. Lands $30.75.
Macao Mectrics (N), $18
ALES
H.K. Banks. $1250. Providents, $3.95/ Lands, $30.50.
"
China LightsTM (0) $8.85. Sandakan Lights, $11...
INDUSTRIAL DEVELOPMENT BONDS
This year, it is learned, $40,000, 000 of the bonds will be issued,
CHINA CULTURAL
BANK
#
DEFRAUDING THE CONQUERED
GERMAN USE OF CHEAP MONEY The Germans are busy making rood scarcities inside the Reich expense of the countries Their ma-
at the
a
The Ministry of Education is contemplating the establishment Flotation of $100,000,000 Indus-of a China Cultural Bank in col trial Development Bonds has laboration with the Ministry of been decided upon by the Szech Finance to help the development they have occupied. wan Provincial Government for of education and culture, it is thod is very subtle and it wDl large scale economic reconstruc-learned from local Chinese cul probably be some time before its victims realize the trick that has tion of the province, according to tural circles. informed circles..
The new bank will be capitalised been played on them, writes
correspondent in The TimeS. at $10,000,000 (Chinese currency)
NO TAXATION to be divided into 100.000 shares
'The of $100 each. The Ministry of
Germans are not levying. Will subscribe 20.000 heavy taxes, which would be dif- Education shares, and the different provin ficult to collect and might cause cial and municipal governments antagonism; they are buying and the financial organisations stocks and giving local currency The suppliers of each 20,000, while the rest will be in exchange.
the goods will, in the short run, subscribed by the public,
be satisfied-not knowing that all they have got is a claim on the Reichsmark balance in Berlin.
The economic reconstruction programme will caver 3 wide variety of industrial enterprises including railways and highways, agriculture and forestation, water conservancy, mining, communica- tions, reclamation of waste lands, health projects and co-operative socleties....
Part of the distribution of the $10,000,000-bonds will be as fol lows: for the establishment of the Szechwan Industrial Development Company. $6,000,000; railways and highways, $1,800,000; agriculture and forestation, water conservancy mining, communications, reclama tion of waste lands and health
and.
projects, $8,000,000; Gross value of commodities pro- duced on Canadian farms in 1939 stabilisation of commodity prices is estimated at $1.170.943,000, anand a sinking fund for public functionaries' cooperative socle- Increase of 10.3 per cent. on the
tles, $5,000,000.. revised estimate for the previous
Several industrial concerns have} year. This is accounted for largely, by increases of 15.3 per cent for already been formed, it is learned, field crops and 24.8 per cent for these including the Ta Hwa In farm animals. Small increases are dustrial Company and the West
Doolittle On::
The Job
ENGINE OUTPUT
-FOR-U.S. AIR
The catch in these transactions Jis that the Germans have "fixed Įvery ravourable exchange rates for the mark, which are respectively 20 French francs. 0.67 guilder, 1.67 kroner, and 10 Belgian ·francs: The index of the over-vatuation
of the mark is reckoned to vary CORPS SPEEDED UP between 133 in respect of the The slow production rate of the guilder to 170 in respect of the French franc. Helped by the Allison earine plant in India-
favourable rate of exchange, the napolls has been the biggest dis-
Germans are also buying shares appointment in the air rearma-
In industrial concerns and ment of the United States. Only
aniring control of them. high-powered ~ (1,000 H.P.) U.S. liquid-cooled engine, the Allison is the U.S. Army Corps' one present hope for building airplanes around
PUBLIC AUCTION. Lo shown in the valua of poultry. Chias Development Company slim, streamlinable power plants.
THE
THE Undersigned have received
instructions
TO SELL AT
PUBLIC AUCTION
ON
of
flax, and wool.
(Central News).
THE ONLY HOPE
TUESDAY, AUGUST 27, 1940. PAGE
SAY
Gordon's
and know what you're drinking/
GORDON'S
DRY GIN
INSTILLERY, LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
HONGKONG”
-SHAREBROKERS
More Than
ASSOCIATION 7,000,000
"Edge Tools"
Volume of Business Transacted on Monday, Aug. 26, 1940. HK. Banks China Providents
.25 $1,250.00 Britain's edge tool industry has
500
500
500
100 -100
1,725
The total value is $40,890.00,
EXPORT OF CAPITAL LONDON, August. 25 Reuter- The third party to the transac- tions is the central bank or other China Lights (0) financial Institution in the occu-H.K Lands. pied territory, which issues add- It will continue to be the only tional currency or credit (in local hope until another, possibly the currency) to the suppliers of Rolls-Royce Merlin is put into pro-goods and shares,
and against duction in a US, factory. Recently this liability holds an asset in
A gain of 34.1 per cent. Allison's production was reputedly marks in the form of a German Canada's production 'of crude aloeminal rising from a monthly rate of debt in the clearing account. In
petroleum and natural gasoline It still had a long way to go to its vested in German treasury bills. current year over that of 1939. #1238 estimated Production top. 500-600 thus easing the German
HONGKONG SHARE QUOTATIONS
**SHAREBROKERS' ASSOCIATION
STOCK EXCHANGE,
Beyon
Seilors
Sales
Nominal
MONDAY Buyer Beliers
26 AUG..
$1225
£68
£02
Do. (Lon. Reg.)
£81
Banks
H.K. Banka
Do. (Cel. Reg.) ....
Chartered Banks.....
298 Mercantile Bks. "A".
Mercantile Bks. "C"
Bank of East Asin.....
N. C. & 8. Banks....
Insurances
3.95 organised its own Export Group 3.95 ta serid. overseas this year more 3.95 than 7,000,000 "pieces," nearly all 6.85 of them agricultural implements. 30,50 These are, for the most part,
plantation hoes. forks, picks.. spades, shovels, scythes and hat- chets used in the production of rice, maize, sugar, tea, coffee, cocoa, cation, rubber, palm oil, soya beans, oranges and bananas. About two thirds of them will
lia, New Zealand, India, Ceylon, Burma, Cyprus, Malaya, North Borneo and the Mandate of Pales- tire. The others will be exported to Greece, China, Indo-China, the as Netherlands. East Indies and the
Philippine Islands
in
about 30 to Its fall quota of 125. some cases this asset. may be in-marks the first quarter of the 80 to the Empire including Austra...
***
£68
a month.
£62
197
873
cobra, was waiting tou
market.
money
13
con-
An has
0
The Curtiss factory at Buffalo “This" is a simple case of export was meanwhile. howling for All-of capital, from the occupied ter- really need, such as feeding- ELI sons for its F-40 pursuit ships, was zitory to Germany By fixing a stuffs, but only such articles
understood to have 10 to 100 wait favourable exchange rate for the Germany chooses to spare," 50 oting for engines. Bell Aircraft mark local producers are appar- They will, therefore, be
The plant is now at work, for manufacturer of the speedy Airs-ently receiving, high prices, for fronted with the same dilemma the greater part in the English considerable their products (in terms or their as was faced by Baitan exporters Midlands on this
important With Big Bill Knudsen, of Gen-own "currency). Tils system who found themselves with large output. It eral Motors, heading procurement makes good" propaganda for theaseless mark balances in Berlin bearing on Britain's food supply. for Franklin Roosevelt's Defense Nazi regime.
The only way in which the people which might suffer from lack of "Advisory Commission, no one
SAME DILEMMA
of the invaded countries could tools for agriculture; indeed, after doubted that General Motors
Traders in the occupied terri-avoid this trap would be to ex-30 months of the last war the dearth of tools In Nyasaland be- Allison plant would get plenty of tories will find before long that change their currencies into goods came so acate that the Govern- steam in its boller.
in returti for the currency they and hold on to the goods, for one have received for, the good that day they will find that their manufacture should take prece-
273
#210
Canton Insuranēm...........
$365
Union Insurance.......
$3871
"10 cta. $140
Underwriters
$210
10 cta
H.K. Fires.
$140
Shipping
$120 Douglases ...
$1,20
$11
$10
8100
$100
32/8
$6.901
Friday, the 30th August. 1940
commencing at 2.30 p.m.
at the Sales Room, No. 35, Hankow,
Road, Kowloon.
A QUANTITY OF VALUABLE
HOUSEHOLD FURNITURE
comprising:-
Bedsteads. Drawers. Dressing Tables, Sideboards, Din- ing Tables. Chairs, Office Furn!- ture. Blackwood and Rattan Ware. etc., etc.
Chesterfield "Suites. Wardrobes, Chests
Carpets, Rugs. Pictures. Orna- ments, Cutlery, E. P., Brass, Porce- Jain and Glass Ware, Gramo- phones. Records, Electric Fans. Dinner Crockery, Cooking Utensils, etc., etc.
also
3 Bed Room Suites"
$3.96 $15.60
Steamboats
$100 Indo-Chinas (Pref.)..
680 lodo-Chinas (Def)....
$8.90 Waterbosts
32/0
Shells
Docks, Wharves,
Godowns, etc.
890
H.K. & K. Wharva... 885
$3 95
Providenta ..................
83.90
$3.95
H.K. Docks (Old).... $15
$15
H.K. Docks (New)....] $14{
$281
+Shanghai Docks.......
9264
Mining
116/0
18/0
$83
Lands, Hotels and Buildings
2 Dining Room Suites..
$3.40
2 Cooking Stoves
$30 $31
H.K. & S. Hotels....... H.K. Lands.
$34
#30
$31
$100
Do. 4% Debenturer...
$100
***
$3.10 $61
$3.10
#62
1 Meat Slicing Machine
1 "National Cash Register
1 "Moutrie" Plano
and
BY ORDER OF THE CUSTODIAN
"OF ENEMY PROPERTY
One "Peugeot " Motor Car
On View from Thursday, the 29ta August, 1940.
'Terms: Cash on Delivery,
LAMMERT BROS.,
AUCTIONEERD.
HONG KONG TIDE TABLE "From 22 Aug. to 2 Sept. 1940. ›
HIGH WATER.
Hong Hong Standard Time,
Low Wara
Hodg
Height
Height
1815.35
+
$21
$8.85
$381
$35.90
-821:66
$16.10
H
The d
Kailung ........
$1.55 Rauba
Scts. Hong Kong Mines........
$214
* * * *
$9.90 Shanghai Lands..
H.K. Raalties...
Humphreys
#101 Chinese Estates..
Cotton Mills
$331 Ewo (8.)
8210 S'hai Cottons (8.)....)
Zoong Sings (8.).......)
Wing On Textiles (9.) $125
Public Utilities
H.K. Tramways $15 $15}
87:40 Peak Trams (old)....
$3.70 Peak Traus (new)..... Star Ferries........... Y'mati Ferries....... China Lights (0)......
317
811
Chips Lights (New).
B. K. Electrics (Old)...
H. K. Electrical Now)...
Maano Electrics' (Old)]
$18 Macao Electrics (New). Sandakan Lights...... „Telephonez. föld)www. Telephones (new)................. 8'pars Teactions (Ord.) Industrials
$14.90 Cald, Macg. - (Ord.) 5.
Cald, Masg. (Pref.)S.
H.K. Ropes -------------
$12
#1
$36,90
837
1
TECHNICAL STAR
"To see what could be done about speeding up the main Indianapolis plant, the US. Army Airy Corps sent as its factory representative a famed fler-engineer, who was once one of its brightest technical stars,
Stubby, go-getting Reserve Major James, Harold Doolittle. famed speed pilot, and. Sc.D., in Aeronautical Engineering (M.I.T.), was recalled to active 'duty from civilian life, was glad
to answer the call.
From Shell Petroleum Corpora-- tlon, which had lured him away from the Air Corps to be head of its aviation department, he took a year's leave of absence, dusted off his uniform and reported for
duty: Air Corps men who remem
$210 bered Major Doolittle's varied
$4
$37
$37
**
831.85 18.70
ment made an order that their
have gone to the Reich they can- francas, kroner, or guilder will not obtain the commodities they purchase nothing.
dence over- hand..
war work already in
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements, are charged at the price given below:-
SITUATIONS VACANT.
HOUSES AND APARTMENTS WANTED.
HOUSES AND APARTMENTS TO BE LET." MISCELLANEOUS WANTS.
When so required replies to box numbers will be posted to advertisers daily. Extra stamps for postage should be remitted.
All advertisements must be authenticated by the name and address of the sender.
Announcements dot exceeding 25 Words are inserted under this heading at a Pre-pald.
Bate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00,
talents, his urge to get things done, TO LET. For immediate occupa-. suspected that someone in Washing- tion, three modern European flats, ton had put the finger on just the three rooms, two bathrooms-and- right man
Central electric
stations
Nos: 172 (4th floor), 174 (2nd floor), 176, (1st floor), Nathan Road. Apply Chan
servants' quarter,
in Yue Teng Office, China Building.
1367
Canada had the "greatest output | Tel. 26382.
in May of any month to date at 2,871,567,000 kilowatt hours.
WEATHER REPORT Hong Kong Gold Refining Co...
Hongkong Royal Observatory. 10 am, August 28. Barometer (at sea level), 29.77 ins. Temperature, 80 F Humidity. 90 per cent,"
1
50 cts. Wind Direction, E
Wind Force (Beaufort), 4. Temperature, maximum yesterday.
WE PAY, EXTRAORDINARILY- high prices for gold articles. Apply
Room 446, 10 Queen's Road Cèn- traf, Wang "Hing-Building. -4th- Floor.
1358
WANTED KNOWN -
Experienced Book-keeper Wants students to form a class. Guaran- tec students to keep a whole set of Temperature: Minimum last night. books after completion of a course
76 F.
$15
84.90
85 F
100%,
895
Canton Tces........
Cements
HE. Gort, Lorns
889 4% Loan
895.31%
$95
31%
(1940)... Miscellaneous
#171
*
"
(1934)....
Dairy Farms...............
$6.60 Entertainments $1.80 Constructions (old)........
81
Constructions (new)........]
37,40 Lane Crawforda......
WANTED TO BUY
Wanted to Buy 2nd Hand Type- writer in Good Condition. Please
HOTELS
RUSSIAN CUISINE
MORE POPULAR EVERY DAY.
METROPOLE HOTEL
FOR SALE
A selection of the best varieties of
RELIABLE & TESTED
· FLOWER AND VEGETABLE
1.
SEEDS
From
The opportunity of serving you will be a pleasure and your commands will have our best attention
of 6 months. For Term and Par-Messrs. Suttons & Sons, Reading.
Messrs. Atlee Burpee & Co. - Rainfall for 24 hrs. ending 10th ticulars. Please Apply to:-Box
Philadelphia. today. 1.56 ins...
No. 463. c/o HKDP.. 18.20 Total rainfall since January 1st,
Messrs. Arthur Yates & Co. Ltd., 1185
108.03 Ins.
Bydney Against an average of, 65.13 ins. Sunset.. tonight, 6.45 p.m. $210 Sunrise tomorrow, 6.04 m.
4 p.m.; Aug. 28. 38
Batometer (at ses level), 2970 ins, Temperature, 80 F.---- Humidity, 87 per cent, Wind Direction, E/B. Wind Force (Beaufort), 4. Maximum temperature, 81- F Minimum temperature: 76 F Rainfall, 103 Ins
Kong
Standard
*Time
b. m.fl.
h. m.
FL, IN
Tues 27
02 38
H11
a o
1867
4 I
19 28
Wed.! 39
03:43
8.3
12 14
Nanyang Tobacco...
1865
40
2047-
39
82.15 Binceres
Thar. 29
04 57
6 6
1209
21
$8.55
Watsons 28.45
1933
14:3
sa 27 3 a
35%. Ch. 0.5% 1925G#Bdr.
Fri 30
06.02
70
#39
I.K. Wing On.......
$39
2004
4.6
.13 42
16
Shal Wing Ong50.] $14
Sat 31
.0703
0042
36
18
Vibro Piling
20.37
Sun 1
.08.00
8 0 7 6
1421
12
8/0
Marsman Inv. (Lon.)]
21 08
01.38 154-1458 11.1.
3 2
4/0
31
*08 52
17 8
11:44 15.8
0229 1635
2.7
Mon. 2
THU
Maremana Inv. (HK)
Wm. Powella...
#Bale to Shanghai
apply to Box No. 464 c/o The
H.K.D.P.
FOR SALE
For Sale Fifty sets of Jubilee and Coronation Stamps 1st day Cover.. What offer? Please apply to Edx. No. 465 c/o The HKDF.
GRACA & Co.
No. 10 Wyndham Street P: 0.. Box 620 Hong Kong.
TRA-DANCES: Tuesdays
Thursdays
Saturdays
Sundays
5 to 7.30 p.m.
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street Telephone No. 22224.
AUCTIONEERS.
GREATEST COLLICHON OF BARGMNS IN TOWN!
*!
LAMMERTS AUCTION ROOM Lannet, Bridget
Jimmy's
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