1940-08-31 — Page 9

HONGKONG DAILY PRESS

·

Finance and Commerce

H.K. STOCK

EXCHANGE

LONDON STOCK MONEY AND

EXCHANGE

+1

EXCHANGE

LONDON, Aug. 30 (Reuter)-In "The number and value of tran-the Stock Exchange the outstand- sactions recorded during the week ing feature was the sharp rise in CLOSING QUOTATIONS do not make a very imposing ar-Guinness from 675. 3d to 729. 6 ray. At the close there are.signs on a dividend for the year of 25 of buyers incresing their offers and this may lead to a loosening up of scrip.

BUSINESS DONE DURING THE WEEK.

H.K. Banks: $1230, $1250. Providents, $3.95. $4, $3.95.

Lands $30.

Lands X. Div., $295.

Tramways, $154.

China Lights (0), $6.85.,

China Lights (N), $3),

Electries (O), $37,10, $37.45, $373.

Electrics (N), $95.90.

Telephones (N), $84.

Ropes, $5.

Sandakan Lights, $11.

·HK Govt, 31% Loan (1934)–95.

BUYERS

· H.K. Banks, $1255,

Union Ins.. $370,

Docks (O), 315.50.

Providents$3.90

Länds. $29.25.

Humphreys, $8.75.

Realties. $3.10.

Trams, $15.50.

Yaumati Ferries. $21.50. China Lights (0), $8.50. China Lights (N), "$3.55. Electrics (0), $37.80. Telephones (O); $22.25. Cements. $15.25,

Watsons. $8.50.

SELLERS

China Underwriters, "10 Cts.

AUGUST 30, 1940.

which was above ex-on London:- per cent. pectations Last year's dividend Was 26 per cent,

Telegraphic Transfer. 1/2 7/+ Bank Bilis, on demand 1/9 7/8 Credits 4 month' sight 1-3 1/2

Textiles were encouraged by satisfactory trade figures and On Shanghai:- shipbuilding shares also attracted. 'On demand Otherwise the markets were quiet and price movements unimpor- tant.

Wall Street was steady.

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Friday, Aug. 30, 1940.

On Singapore:-

On Japan:--

400

***.. 59 3/4

On demand

On demand

Transfer.

Ja India:-

Telegraphic

FINANCE & GENERAL

FIVE MILLION MEN IN BRITISH TRADE UNIONS

TO BACK WAR PUSH

LONDON.---Five million workers, în 200 unions have told Bri "tain they will accept any burden assigned to them in the war against Germany. Even on Sundays, hundreds of thousands in shifts of 10 and 12 hours push (at a terrific pace the production of munitions to hurl at the enemy at Britain's gates).

It will be the first time since the world war that the hum

TEA FACTORY

FOR KWANGSI

of war plants has disturbed the Sabbath calm. LABOUR'S DECISION was voiced by 1,000 delegates from unions affiliated with the Trades Union Congress after Minister of Labour Mr. Ernest Bevin, had explained what the Government desired and

KWEILIN Aug. 30 (Central) the Prime Minister, Mr. Winston Churchill had warned the dele- The Central Government is plan- Eates in a letter that the "gravity ning to establish a tea factory in of the situation deepen, hour by Kwangst. province, according to bour." He asked the unions to Mr. Pan Yi-tse, who was sent here accept the emergency legislation by the Ministry of Economic Af- afairs, to study local economic re-

construction,

and demand 82 1/2 by which Britain has created

dictatorship.

On New York:-

Bank Bills, on demand se 1/4 Credits, 60 days' sight 23 3/8 On Batavia

41.5/8

Bank Bills, on demand 1083 .. Credits 4 months' sight 1160

On demand

China Providents

500 $ 3.90

On Paris:-

HK. Docks (0)

150

15.75

HK. Electrics (N)

100

38.40

On" Saigon:—

750

On demand

The total value is $7.952:50.

"On Manilay

On demand

On Bangkok:-

HK. Mines, 2 Cts.

་་

Electrics (0), $38. Vibro Piling, $8.

SALES Docks (O), $15.75. Providents, $3.00. Trams, $15.55.

China Lights (N), $3.50.

Electrics (0), "$3775. Cements, $15.25,

On demand....

The projected factory, Mr. Pan NEW BURDENS After the delegates had decided said, will be capitalized at over favourably they sent a message to $500,000 which will be borne equal- the armed forces assuring them ly by the Central and Kwangat that at Britain's Industrial reprovincial governments. sources would be used to their Tull extent to provide munitions.

Four, delegates voted against ac- any new burden for ception of

98 3/4

| labour.

44 1/2

1

140 3/2

7/16

On Sterling Notes:-

Bank Buying Rate Bar Silver per oz.

Market Report

FROM ROZA BROS.

Sliver prices rose 1/16 yesterday

LONDON METALS

EXCHANGE

SATURDAY, AUGUST 31, 1940. -PAGE 9

Unrivalled Age and Quality

in

BLACK & WHITE

NO TWO WAYS ABOUT IT, IT'S THE SCOTCH.

HORSES, CATTLE SHEEP & PIGS

Tin, Standard. 3 months, Middle Shipped From Britain To Four Continents

London, Aug 29 (Reuter).

Cash, Middle Minister Bevin established Tin, Standard,

a labour supply board to mobilize Price £258-1/8. Industrial man power under the emergency act. The board will be Price, 258-3/4. able to prescribe the work that Arms will carry out the hours labour is to be employed, and the

for both deliveries, the quotations vasion.

HONGKONG SHARE QUOTATIONS reported the

STOCK EXCHANGE,

Buyers Baller

Baloo

Nominal

$1955 $1270

£68

*

£831

8210

SHARYBROKERS' ASSOCIATION

FRIDAY

30 AUG.

Banks

H.K. Banks

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

Do. (Lon. Reg.)

£6 Chartered Banks... 1983 Mercantile Bk. "A".

e11

€73

..!

Mercantile Bka. "C".

Bank of East Asia..... N. C. & S. Banks..... Insurances

Canton Insurancas......

Bayer

Ballots Salon

$1250

44

war.

FOR WAR'S DURATION

There was little home consumer

Four Continents have been mak-, English stock;

the

Colombiang. and speculative support. The Ing purchases of British pedigree have also taken a bull of the market ascribes the recent east-livestock since Germany's invasions South Devon breed, which won price of goods.

ness to the Authorities' desire to eat breeders off from several im- the championship at the South The British war office recently conserve stocks by restricting ex-portant sources of supply.

Devoti Cattle Society's show in called upon boys 18 to 19 years old port Hcences. It is understood

With the British Commonwealth April this year, and a bull of the to fill gaps in home defense forces that the Authorities are unlikely

of these against the threatened Nazi in- to relax this policy in the near three Border Lelcester rams, three Red Foll breed. Both

Cheviot rams. and three Wensley are fine big beasts admirably future, Licences were fairly freely

dale ratos have gone to India, adapted to the production of good issued from November last to April

beef

Another cattle. being 23.1/16 for Ready and 23.|

Large White quality Volunteers who answer the call but since Italy's entry into the Kenya has taken a 1/16 for Forward. Silver aйvices

English beer breed, the famous and the Federated Maisy market as being will sign to serve in home defense war, ships are reported to. have w steady but quiet, American Silver battalions for the duration of the difficulty, in obtaining licences ex- States have purchased a boar and Hereford, is represented by two was quoted at 34.3/4 for Spot,

When they reach the age of cept sometimes for Turkey, Spain, gilt of the Middle White breed. bulls which have been shipped to Chile has taken a Large, White The London-New York cross-20, the conscription limit, they will the Americas and the Empire. On Large White and Middle White Uruguay.

boar, a rám and three ewes of the emmat rate was quoted at 402.7/2... New be transferred to other units to be the other hand, some expect a rally sows have also gone to Palestine.

(fwu Large. White boars have

Hampshire Down breed. The lat York/London was quoted at 403 trained for service with the field since the diversion of substantial

army: The units into which they French tin purchases to the United been bought by Sweden; "a Berk ter, which have just arrived, have 1/4.

will go first are separate from the Kingdom has now been completed shire and a Middle White boar by already delighted the buyers who

stallion, being, or- The accumulation of United King-Japan A

as well as declare that there are no better US local defense forces

ganized to combat parachute-in-dom emergency, reserves is making bulls, Digs and sheep have all been animals of their type in all Chile. great progress: with the Authori-recently shipped to South Ameri-Breeders in both hemispheres. It Volunteers for the antiparachute ties approval, many larger merca

is felt, are fortunate in the main. The stallion, thoroughbred tenance from Great Britain, the force poured in from town and chants are financing accumulations that by smaller traders, who are being country. It was estimated

take substantial sired by the historic Blandford, world's principal source of pedí- 400,000 had registered to give their encouraged to

quantities Into their warehouse has been shipped to the Repubile gree #vestock, of the supply re- spare time services.

without the need to pay until asof Colombia, a country which has quired for the infusion of new

always been well disposed towards blood into their herds. when actually consumed.

£83

£6

£28+

£11

873 501et.

8210

-8370

10 cta.

inion Insurance®..... Underwriters

8370

10 cts,

$140 HE. Fires..

$140

***

Shipping

$120 Dougianes ..

$11

Steamboats

$100

Indo-Chinos (Prof.)...

820

Indo-Chinas (Def,).

32/6 Shells.............

"$6.90"| Waterboats

Docks, Wharves,

Godowns, ete.

$10

24

H.K. & K. Wharves.. Providents. ...

$151

$15.

2 at

$3.40

$20+

829

$3.10

!

::

$80

*

H.K. Docks (Old)...........]" #15j H.K. Docks (New)....

326+Shanghai Docks.......

16/0 Kailans

39.55 Raubs

Mining

Hong Kong Minės......

Lands, Hotels and Buildings

H.K. & 8. Hotels.......

T.K. Iands....... $291 $100 Do. 4% Debentures....

$9.90 Shanghai. Lands..........

H.K. Realties....... lumphreysot

3101 Chinese Estates..

Cotton Mills

8331 Ewo (8.)

$210 S'hai Cottons (8.)...........

I

$120

$10 $100

$100 32/6

$0.00

$15

8261

18/0

MARKET

Quiet for Sterling. The Dollar market was, inclined easiness.

STERLING

There were sellers at 1/2.31/32 for near and forward, buyers at 1/3 for any delivery.

U.S. DOLLARS

Opened with sellers at 22.1/2

vaders.

with business done subsequently BRITAIN'S

at 231/2 for near and forward.

The market closed at lunchtime with sellers at 22.7/18. for Cash, buyers at 22.1/2 for Cash,

SHANGHAI DOLLARS Opened nominal with sellers at 414, The highest rate done 417. Towards the close there were sellers at 415.1/2.

Was

SHANGHAI MARKET Sterling opened with sellers at 3.37/64 and closed at 3.19/32. U.S. Dollars 5.3/8 sellers for Spot

AFTERNOON MARKET The market was quiet in afternoon,

the

STERLING The market closed with sellers

near and at 1/2.31/32 for

for- ward, buyers at 1/3 for any deli- very...

U.S. DOLLARS

No business was reported this afternoon. The market closed "with sellers at 22.7/16 for near and forward and 22.1/2 November; buyers at 22,1/2 for Cash,

SHANGHAI DOLLARS 415.1/2 sellers for Spot.

$3.40

$29

$100

$3.16

$6.80

$38

210

Zoonz Bings (8.)...

Wing On Textiles (8.) $135

Pablo Utilities

815.48

$10

H.K. Tramways......... 815)

#07 8211

Star Ferries.

$68

821+

China Lights (0)

$6.5

China Lights (New).....~

831

137

H. K. Flectrics (Oldj... #37.60

$37

$36

B. X. Electrice(Now)....

$38

817

Macao Electrics (Old)

$16

Macan Electrics (Now)

811

Sandakan Lights

$22

Telephones (old) 21.8

882

Telephones (hew):......

$8.70

London

S'pore Tractions (Ord.)

New York

Japan

#151

8171

*****

$7.40 Peak Trams (old)....

$3.70 Peak Trama (new)....

Y'mati Ferries...

Industrials

$14.00 Cald., Macg. (Ord.) 8. $12 Cald., Macg. (Pref.)S.

81Canton Ice

Cementa miradise

#5 H.K., Bopes .......................

ILK. Gort, Loans

$99 4% Loan.

$90.3%.

$9531%

(1334)

(1840), Miscellaneous Dairy Farms.

86.60 Entertainments me $1.80 Constructions (old).....

817.60

150 óta,

$155

100% $95

SHANGHAI MARKET ** Closed with sellers of Sterling at 3.18/32 and US Dollars at 5.3/8 sellers for Spot.

VAST

COAL RESERVES

Now Being Shipped

Across Atlantic

Cargoes from the vast supplies of British coal which have accu- mulated as a result of the sub- mission of France have already been, shipped to South America and Portugal,

Further inquiries are now being negotläfed, and within the neri few weeks the export of coal from Great Britain. wil. rapidly la-

Crease.

.

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.

Announcements not exceeding 25 Words are inserted under this beading at a Pre-paid

Rate of $1.50 for THREE INSERTIONS.

1

WANTED KNOWN

AIR RAID SHELTERS. The Angio Chinese Commercial Company is PLENTIFUL SUPPLIES

prepared to construct Air Raid Canada, BS well as South shelters to order. Consult us for America and Fortugal, will have advice. Several jobs already com- more plentiful supplies at cheaper pleted in Hongkong. The Anglo prices.

Chinese Commercial Co., Room, 5, The British coat industry, which 22. Des Voeux Road, C. Tel. 33829. is aiming at an annual production of 280,000,000 tons, or 40 millions

more

If Charges collected, $2.00.

HOTELS

RUSSIAN CUISINE MORE POPULAR EVERY DAY

METROPOLE HOTEL

"VANITY" Mezzanine Entrance

We pay high prices-fór all Gold than in peace-time, had a

& Silver articles, Diamonds, Jade respectable surplus as the result N. Lazarus & Co., Pedder Street, of Germany's invasion of Scan- Beautiful Selection of Evening

and Cold dust. Apply China Gold Refining Co., Pedder Bullding: 2nd dinavia. It was at first hoped Dresses also Day & Afternoon

Costume, Jewellery, Cos-foor. Room 8. that some of this would be avail-Frocks. able for Britain's customers over-metics and Perfumes Latest from sens, but when the Germans New York. marched into Holland, Belgium

Shanghai Exchange and Northern France, all, avail-

Shanghai. Aug. 30 (Reuter),

Opening

Official T.T. Rates".

Paris Hongkong

Spot Aug.

Sterling

Sellers

0/3-5/8

5-3/8 22-3/4 20N 24

Opening Closing 0/3-19/32 0/3-19/32 0/3-19/32 0/3-19/32

· Sept. ......: 0/3-37/64 0/3-37/64

Spot

U.S. Dollars

$5-3/8

***** 6-3/8

Sept....... 5-11/32

Market:-Quiet.

28.20 $1.88

.Aug.

#1

Constrictions (new)....

$7.4b Lane Crawfords.......

$7

Nanyang Tobacco....... 83)

$2.16 Sinceres

$2.10

Watsons

88.40

Ch. 0.5% 1925G$ Bds.

Ban

K. Wing On

$30

S'hai Wing On

$19

Vibro. Piling

8/9

Marsmans Inv. (Lon.)

4/0

Marsaaris Toy. (H.K.)

Wm. Powells...

+Sala to Shanghai

$5-3/8 5-3/8 $-11/32

Silver Duty Rate

The Central Bank of Chine's rate on "London at 10 a.m. today 369 was 1/2-1/2d.

The Equalisation rate was 241. per cent,

India Rupee Paper

Bombay, Aug. 29 (Reuter). Govt. 31% Rupee, 89-15-0.

Experienced Book-keeper Wants iable supplies were rushed to Students to form a class: Guaran-. France, whose coalfields had been tee students to keep a whole set of seized by the enemy.

books after completion of a course The subsequent submission of of 8 months. For Term and Par- France, however, together with ticulars. Please. "Apply" ul the entry of Italy into the Wa No. 463. c/o EXDP. virtually put a stop to all ship- ments of coal to Europe, outside Spain and Portugal, and there is now a respectable volume of sultable coal piling up at the Bri- tish ports of shipment,

Countries which were obliged to igo elsewhere for supplies while

WANTED TO BUY

WE OFFER HIGH PRICES for any amount of gold articles, diamonds, jades, etc. No holidays, Apply China Building, 7th floor." Britain was assisting her late ally, Tel. 30727. Eurasia Gold Refining again have a wide choice of cheap Co. fuel, probably better than at any time since the commencement of hostilities in Europe,

LONDON GOLD

London, Aug, 29 (Reuter). Bat Gold, Fine per oz. 168/-

Calcutta Exchange

Calcutta, Aug 29 (Reuter). T.T. on Japan 81-1/2

FOR SALE

For Sale Fifty sets of Jubilee and Coronation Stamps 1st day Cover, what offer? Please apply to Box No. 485 c/o The HKD.P.

FOR SALE

A selectiori of the best varieties of

RELIABLE & TESTED

FLOWER AND VEGETABLE SEEDS

From Messza. Suttons & Sans, Beading. Messrs. Atlee Burpee & Co., Philadelphia

اسود

Wanted to Buy 2nd Hand Type- writer in Good Condition. Please Messrs. Arthur Yates & Co, Ltd., apply to Box No. 464 c/o The H.K.D.P.

EXTRAORDINARILY WE PAY high prices for gold articles. Apply Hong Kong Gold Refining Co.,. Room 446, 10 Queen's Road Cen- tral, Wang Hing Building,4th Floor

1368

Sydney

The opportunity of serving you will be a pleasure and your

· commands: will have our best attention.

GRACA & CO. No. 10 Wyndham Street P. thị Book 620. Four. Kon

TEA DANCES

Tuesday's

Thursdays

Saturdays Sundays

5. to: 7.30 p.m. ·

ENGRAVERS

FEI FEI & CO. Photo Engravers

18. Cochrane Street. Telephone No. 24.

-AUCTIONEERY

GREATEST COLLEGEON 999 BARGAINS IN TOWN!

LAMMEŽU AUTAHON BAGA [Lommerg Broda no 2 Mon

Teh pitone. No, 20024

EAT AT

Jimmy's

INSURANCES

The National Mutual Life Associa- tion of Australasin, Limited is not accepting, new business in Hong Kong at present. Any enquiries should be made at the once--8, Des Voeux Road, Central (5th floor Hoom No. 66), Bank of Canton Building. Hongkong.

Resident Becretary, Tel No. 27473SAOD HASR, WELLS,