1940-09-04 — Page 9

HONGKONG DAILY

PRESS

Finance' and Commerce

BRITISH TRADE MORE AT WORK NEWSPRINT

IN SOUND

POSITION

•

IN BRITAIN

INDUSTRY EXPANSION

LONDON, Sept. 3 (Reuter)--The Ministry of Labour announce that| between July 15 and August 12:

The newsprint industry of Caña- there was a reduction of 27,814 in da has shown marked expansion in

FINANCE & GENERAL

UNWAVERING STAND BY BRITAIN & U.S. AGAINST JAPAN URGED

New problems which the United States and Australasia face in the 'Orient on account of the Japanese campaign in China and her southward expansion policy were discussed. In Manila on Aug. 27, from the viewpoint" of an American military observer and from that of a New Zealander, reports the Manila Bulletin

Exports Maintained the number of unemployed persons the first four months of the pre-offices, and James Bertram, author and war correspondent in

Despite War

31

in Great Britain.

The total of 799,000 persons 18- gistered as unemployed on August

sent year. As compared with the

+'

at

Major Evans Fordyce Carlson, retired U. 8. marine corps

China, conducted a joint public lecture and

open forums Villamor. Hall under the auspices of the Philippine Association for Industrial Co-operatives in China.

This confident picture of British 12 was 432,000 less than on the per cent in volume and 77 per cent saying that the "first line of de-without trade at the end of a year's war corresponding date a year ago." was given exclusively to Reuter yesterday by Mr. Harcourt John- stone, Secretary of the Overseas Trade Department,

He added: has been

torles occupied by the enemy.

LONDON STOCK·

EXCHANGE

Was

trade LONDON, Sept. 3 (Reuter)-The "Our export

with all Stock maintained

Exchange generally parts of the world outside terri-steady but trading was quiet.

Local support was responsible FANCIFUL STORIES

for the good tone of Gold-minings German bogus offers to South while Gilt-edged mostly advanced American countries to deliver despite the small volume of trad- German goods in September and ing. October when Britan has been

Elsewhere, prices were defeated." eut no. ice in face or maintained.

our solid trade achievements.

Wall Street was closed.

WEDNESDAY, SEPTEMBER 4. 1940. -PAGE 9

No sleep

last night?

TRY

“BLACK

WHITE"

YOUR FIRST SIP TELLS YOU IT'S THE SCOTCH.

DEFENCE OF MOYALE

LONDON, Sept. 3 (Reuter)

There was a reduction of nearly same period of 1939, output of 50,000 in men and women regis-newprint has risen by 18 per cent LONDON, Sept. 3 (Reuter)-

While Major Carlson advocated Chinese cause through the pur- "After twelve months of war Hel.tered as unemployed but the num-approximately and exports by 21

giving all aid short of war to chase of silver, by repeatedly ex- tain is still delivering goods to her bers of boys and girls rose by per cent, while the value of ex-

ports is up by 26 per cent. ∙overseas · customers and

China, Mr. Bertram expressed the tending her sympathy and moral she wil nearly 22,000,

For April alone production rose

over encouragement, by extending such carry on in the second year as she

the Orient by material assistance as she could by 22 per cent, and exports by 63 concern of his countrymen

developments in has done in the first."

jeopardizing America's in value. Meanwhile, exports of pulpwood increased, on the four fense" of Australia and New Zea position as a neutral, by refusing months comparison, by 18 per cent and was the 2,000-mile front of to recognize the puppet govern- resistance, adding that ment of Wang Ching-wel. and, in volume and 18 per cent in value, Chinese and wood pulp exports by 72 per "so long as Japan is pinned down finally, by restricting the ship- cent in volume and 32 per cent in in China, Australia and New Zea- ment to Japan of those categories Mr. ut economic goods which are em- tand are reasonably safe." value"

contrasted the definite ployed in the waging of war." The production of newsprint in Bertrani

THE CHINA WAR Canada during the first four American policy in the Far East

ronths of the present year totall and the British characteristici In his lecture on The China War to Britain and, the ed 1.003.030 tons as compared with reluctance to commit themselves, in Relation

Pacific Dominion, Mr. 850,500 tons in the same portion of thus leaving their Far Eastern British

Bertram regretted that Great Total exports have polley "indefinite. year. last risen, on the same "comparison,

Britain and the United States had COMPLEX SITUATION mostly from 1,452,127,500 to 1.766,561,100

Inot acted In concert in past Speaking on the subject, Ameri

diplomatic crises. pounds and in value from $31.166,-

He recalled ca Fices New Problems in the Manchuria in 1931 and Brussels, 900 to $39,320,800.

On the April Comparison news Urlent, Majer Carlson declared in 1937. When the two. powers Capt. J. D. Henderson, son of "the situation in the Far co-operated, as in Amoy last year, Lady Henderson of Nairobi and print output has increased from that Lan-

become more' complex 220,840 to 286,950 tons; while ex-East has ports have advanced from 324,740.- suice "the weakening of the demo-he said that the desired effect was nephew at Sir Nevile Henderson.

secured. to 527,768,000 pounds and From cracies in Europe." "Japan is Mr. Bertram also commented on many, and Lt. S. E. Dutalt, both moving fast to take advantage of Britain' doing, very little to a serving with the King's African. U.S. FIRST

her golden opportunity for ac sist China

and a good deal to Rifles, have both been awarded Eighty per cent of the newsprint quaring more territory at small help. Japan and added that as the M.C. for their share in the exports from Canada In April last cost," he continued.

"In this long as

no policy is laid down, herolo defence of Moyale in mid- went to the United States. Aus volatile situation, America's course direct co-operation between Bri- July, says Reater's special corres-

Argentina is clear. She must not waver intain and Japan remains a possi-pondent somewhere in Kenya. third and. New Zealand fourth as her determination to make ability. He a market for Canadian newsprint' polley of military conquest unproof Great Britain in the light of also been approved.

explained this policy A number of other awards have in that month. As compared with fitable and undesirable, » April 1939, shipments to the United? States rose by 44. per cent; from 291,256,000 to 424,511,000 pounds.

On the same comparison, ship ments to Australia rose from 4,551,000 to 26,596,000 pounds and to New Zealand from 2,490,000 to 16,726,000 pounds; in April just past 19,246,000 pounds went to Argentina, while no shipments to that country are reported for April of last year.

"Typles of Nazi propaganda are fanciful stories of cashire baving been put out of action by air raids. Lan- cashire has given the answer with increased cotton produc- "Britain's customers in general tion

can place orders with us in the "During the first three weeks second year of war with the same

cotton Industry delivered 50,000 bales weekly compared with an average of 51,000 bales weekly for

the whole of last year.

of August, normally a black tune confidence that Britain will deli for seasonal reasons, Lancashire's ver the goods."

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Bayer Bellera

Sales Nominal

"

$1260

8210

#3721

2140

#10 cta.

SHAREBROKERS'

TUESDAY

3 SEPT.

ASSOCIATION

Ддуст

Beller

Salon Nominal

81260

Banks

HK: Banks

£69

Do. Col. Reg.)

£83

£64

Do. (Lon. Reg.) ....|

£63

£61.

Chartered Banks......

£6)

Mercantile Bka. "C".

£28 Mercantile Bks. "A".

1

$73

£28)

$6,955,000 to $12318,000.

ralia ranked second.

1

"She must stand unequiva- .cally for Justice, integrity, and for friendly co-operation on a basis of equality In In- ternational relations.

last British Ambassador to Ger-

the war in Europe, the Indian Capt. Henderson was commander agitation and the relation between of a company of the King's Atrl- developments in the Far East to can Rifles 150 strong who held the Pacific dominions,

HONGKONG

SHAREBROKERS

ASSOCIATION

400 $15.50 36.40

"Every mstitution which our intelligence and our experience tells us makes life worthwhile is

Volume of Business Transacted at stake. If we attempt appease-

on Tuesday, Sept. 3, 1940. ment here in the Orient we are taking our first step towards our H.K. Tramways Other purchasers of Canadian Waterloo, not merely our Munich, H.K. Electrics (N) newsprint in April Just past in- for our reputation for integrity. cluded the United Kingdom fair dealing and courage to stand 12,508.000 pounds, Mexico 5,324,000 for what we believe to be right British South Africa will be gone. The repercussions 8140 pounds,

5,560,000 pounds, Brazil 2,787,000 will be 1elt from Tierra del Fuego pounds and China

2.567,000 to the Sea of Oshkosh. Even our pounds.

873

50 ct.

Canion Insurances............... Union Insurances...

210

$375

10 ct.

Bank of East Asia......

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

Underwriters

H.K. Fires..

Shipping

$120 Douglases

811

Steambonts.....

8100 Indo-Chinas (Prof.)...

$80

Indo-Chinas (Del.).

33/14 Sholis

$6.00 Waterboats

Docks, Wharves,

!!!!!!

$120

810

8100

$100

32/0 $8.00

Godowns, etc.

$90

$3.90 $15)

H.K. & K... Wharves... 385 Providents......

$3.90

$15

320

$16/0

39.65 Raube ........

éta.

11

$3.45

$3.16

#82

$157

8571

$21

$155

823*

18:80

=

ig::

::

:::

$3.40

399

*་

$29.80

$100

H.K. Docks (Old).... 816.80

I.K. Docks (New)......

+Shanghai Docks.......

Kailang

Mining

Hong Kong Mines.......

Lands, Hotels and Buildings

H.K. & S. Hatola

H.K. Lands...

Do. 4% Debentures.. $9.90 Shanghai Landa........

8101

H.K. Realtics...

Humphreys

Chinese Estates.........

Cotton Mil-

8331 Ewo (8.)"······

B210 S'hai Cottons (9.)... Zoong Sings (8.). ------ Wing On Textiles 18.) 3125

Public Utilities

H.X. Tramway....... 816 87.40 Peak Trami (old)......... 63.70 Pesk Trans (row)...

Star Ferries.... Y'mati Ferries.......................... Chits Lights (0)80.60 China Lights (New)-

H. K. Flectrics (Old)... $37.05

H, K. ElectricalNew)...$36.40

Meeno Electrics (Old)

g!

#371

$36.45

$17

818

Macao Electrics (New)

811

Bandakan Lighta......

Telephones, (old)....................) Telephones (non from S'pore-Tractions (Ord.)) Industrials

814.90 Cald., Macg,,. (Ord.) S.

:::

$15

cherished hope for western herils- Exports of woodpulp from Cana-phere solidarity will be precarious- đã increased from 357,899,000 1y undermined." pounds in the first four months of · MEET ISSUE FIRMLY 1939 to 617,141,000 pounds the same portion of the present year, The value of these exports rose, on the same comparison, from $8,552,- 000 to $15,521,000. -

On the April comparison, wood- 8281 pulp

exports increased from 34,260,000 to 160,426,000 pounds and 18/0 from $2,029,000 to $4,353,000,

$100

$3.10

#61

$38 #210

$8

$58

8214

Exports of pulpwood advanced, as between the two Aprils, from 21,00 27,800 cords and from $142,000 to $202.000; while on the tour month comparison, these ex- ports rose from 190,000 to 225,000 cords and from $1,385,000, to $1,609,000.

SOUND FOOD POSITION

LORD

"By meeting the issues firmly in the Orient," he said, “and by giving all aid "short of war which it is possible for as to give to China. I am con- fident that the power-hungry' military and naval clique of Japan can be brought to terms bringing relief to all peoples of Asia who desire to live in peace and security, in- cluding the civil populace of Japan.

"These three years of war have cost Japan a million, and a half of casualties, and billions of yen of treasure. Although her people have a long tradition of wyalty to the emperor," and will in consequence, continue to support the government, they have no

120

520

The total value is $10,608.00,

LONDON METALS

out against Italian forces ten times stronger,

which is

Lt. Dutoit led out the garrison of Moyale after five days' siége during which over 1.000 shells were pumped into the fort barely 500 by .300 yards.

The epic defence of Moyale was: described by General Dickenson as "one of the finest things in the history of the King's African. Rifles"

H.K. STOCK EXCHANGE

Improvement in some prices was noticeable today together with an increased spread.

*BUYER

HK. Fire Ins, $145. Docks (0), $15.76. Docks (N), $15.25. Providents $3.90. Hotels, $3.45. Lands, $291* Realties, $3.15. Trams. $15.50.“ Star Ferries, 357.50.. Yaumati Ferries, 321.50. China Lighta "(O), $6.60. China Lights (N), $3.50. Telephones (N), $8.80. Cements, $15.25. Dalry Farms. $17.80. Watsons, $8.50.

SALEY

HK. Banks, $1275/80, Bank of East Asia, $72. Wharves, $873.

Trama, $15.60. China Lights.(0), $6.65. · Electrics (N), $36.40. Telephones (@),-- 823.50.

RAIN OF SHELLS

defend Mogale to the last man The official reports says the but the Higher Command coRNÍ- not of sufficient garrison ved days and nights in dered it was EXCHANGE trenches under a rain of shells strategie value to justify such a London, Sept. 2. (Reuter). and bullets, repelling attack after sacrifice, and so ordered the with- Tla.

Standard, Cash, Middle attack and hurling back enemy drawal of the garrison who slip- Price, £257-5/8.

storm troops repeatedly from the ped through the enemy lines in

joined the relief- Tin, Standard, 3 months, Middle barbed wire of the outer defences, darkness and Price, £258-3/8.

The garrison

forte. was prepared to

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 heading at a Pre-paid

Rate of $1.50 for THREE INSERTIONS.

WANTED KNOWN

"VANITY" Mezzanine Entrance

heart for this war. Mentally they N. Lazarus & Co., Pedder Street. are close to exhaustion, and their

WOOLTON'S-power of endurance has been Beautiful Selection of Evening

ASSURANCE

LONDON, Sept. 3 (Reuter)

"Today, after a year of war,

drawn taut. In a test of endur- Dresses also Day & Afternoon ance the Chinese nation, with its Frocks. Costume, Jewellery, Cos- vast resources, and with its rest-metics and Perfumes. Latest from Illent population, has the capacity New York.

can say with confidence that the for outlasting her opponent.” food position in Great Britain is stronger than ever before."

NEW SPIRIT

Major Carlson, reviewed the his-

Experienced Book-keeper Wants

This assurance was given extory of the present Japanese cam-Students to form a class. Guaran clusively to Reuter yesterday by palgh til. China, and spoke of the tee students to keep a whole set of $99 Lard Woolton, Minister for Food new spirit of national unity which books, after completion of a course 85.71) who added that some degree of has taken possession of the minds of 6 months For Term and Par- ticulars Please Apply to:-Box rationing was necessary, but we of the people, ampak nga

No. 463. c/o H.K.D.P., take pride in the fact that in this" He stated that "subsequent country only a few commodities tion of the American government. are subject to rationing, whereas was apparently based on the in Germany it was easier to name reasoning that lay behind the the goods which were not ration-concept of the open door policy?

$12. Cald., Macg.

Pref.15.

1 Canton, Ica...

50 sta

#161

Cements

£5

H.K. Ropes

84.95

100%

$95

(1940)....

#171

$17.60

HE GOTL Loans

$99 4% Loan

$95 31% » (1994)

€95 31%

n

Miscellaneous

Dairy Farma...

$8.60 Entertainments

$1.40 Constractions {old)....|

$7.40 Lane Crawfords.

Watsons' ...KSEKTESSSSTS)

35. Ch. G.5% 1025G#3dt:

917,60

容量

WANTED TO BUY

If Charges collected, $2.00.

HOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

We pay high prices for all Gold

and Gold dust. Apply China Gold & Silver articles, Diamonds, Jade Benning Co. Pedder Building, 2nd floor, 'Room 8.

FOR SALE

A selection of the best varieties of TESTED

ed than those which may be that an Independent China, was WE OFFER HIGH PRICES for RELIABLE rationed...

the best assurance that a balance any amount of gold

articles,

·ABORTIVE BLOCKADE * of power and peace would pre- diamonds, fades, etc. No holidays. We have endeavoured to build vali in the Pacific, because a Apply China Building 3th floor. Up our resources by enormous Japanese-dominated China could Tel. 30727. Eurasia Gold Redning

from the Empire mean, not only a Japanese mono- | Co- 38.20 purchases $185 Canada. Australia, South Africa, poly of trade and industry there,

37.

New Zealand and Elre-and we but the use by Japan of the vast

ச.

FLOWER AND VEGETABLE SEEDS

From

Messrs. Suttons & Sons, Reading. Messrs. Atlee Burnee & Co.

- ̈Philadelphia kuep Arthur Tates & Co., Ltd.,

· Bydney

Wanted to Buy 2nd Hand Type-Messrs. have bought huge consignments reservoir of man power and of writer in Good Condition. Please of food from the great markets raw materials to build up her apply to Box. No. 464 c/o The $229 of friendly neutrals, military and naval establishment

Constructions (now)....

Nanyang Tobacco......3

82.15 Binceres.

Baj

$38

K. Wing On

$31

S'hai Wing On

$14

Vibra Filing

.8/0.

MATEMADE Jav. (Lon.)

4/0

Marsmans Inv. (H.E.)

Wm. Powellsne

+Bxle to Shanghai

"In spite of Bermany's attempts with a view to carrying conquest to blockade us, Britain's food farther afleid."ARE position is today strong and this He summed up American action

is in no small part due to the in the Sino-Japanese conflict by great efforts of the farmers who saying that the United States

KD.P.

FOR SALE

For Sale Fifty sets of Jubilee and

31 have given us a magnificent har-directed its moral condamnation Coronation Stamps 1st day Cover.

vest for the winters declared against Japan as an aggressor What offer? Flease apply to Box Lord Woolton."

continued told the No. 465 0/0 The HKDP.

natiork

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

GRACA & CO.

No. 10 Wyndham Street P. O. Box. 620 Hong Kong.

TEA DANCES Tuesdays:

Thursdays

Saturdays * Sundays

5 to 7.30-p.m.

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street., Telephone No. 22224

CTIONKERS

GREATEST COLLECTION OF BARGAINS IN TOWN"

LAMMERTS ACIDIN RODS Popery, Br diverse to factava

Perl Coatset Terpilone No. 2012,

Jimmy's

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