1940-09-11 — Page 9

HONGKONG DAILY PRESS.

MONEY AND. EXCHANGE

CLOSING QUOTATIONS

SEPTEMBER 10, 1910.

On London:-

Telegraphic Transfer. 1/2 78 Bank Bills, on demand 1/2 7/8 Credits 4 months' 1ight 1/3 1/2. On Shanghai---

On demand

On Japan:-

420

On Singapore:-

On demand

52 3/4

On demand

08 1,2

On India:

Telegraphic

and demand.....

On New York:-

יו

Transfer.

FINANCE & GENERAL

RARE FEATURE FOR The Search For CHUNGKING BAN

$150,000 BLOCKS

Marking further forward steps in the housing scheme of the "Singapore Harbour Board, two new blocks of modern coolie. lines are now being constructed at 1 cost of approximately $15,000.

They will provide housing for over 430 employees,

Adjoining the old blocks, close

to the offices of the Harbour Board, the new buildings are of three storeys, with large dormi- tories from the first floor upwards -each floor with accommodation for 80 coolles.

On the ground Coor, in the place 83 1/2 of dormitories, there will be large

Bank Bills, on demand 29 1/2 Credita, 60 days' sight 23 3/8..

On Batavia-

On demand

On Paris:-

........ 42 1/8

Bank Bills, on demand 1085 Credits 4 months"right 1160

On Saigon:-

On demand

On Manila:—

On 'demand

On Bangrök:—

On demand

On Sterling Notes:-

97 3/4

43

149 1/2

Bank Buying Rate ... 140 1/2 Bar Silver per 0%............ 23 7/16

Market Report

dining rooms and common recrea- tion halls.

A special feature will be the white glazed tiles lining the inner walls of the buildings, a feature

LACK OF US. QUININE

Substitutes

PROSPECTS. FOR RAMIE TO REPLACE FLAX

"Flax supplies or substitutes are

|

ON LUXURIES

CÓLONY HIT BY

NEW MEASURE CHUNGKING, Sept. 10 (Central) -Chungkingites will have to go without a number of luxuries and comforts next month.

urgently required, and prices have The Ministry of Finance an- risen from £40 to £70 per tonnounced yesterday that beginning to over £150 per ton, with a de- as from October 1, the sale of 77 elded shortage of visible supply. kinds of imported luxuries will be The substitute for fax is said to banned in Chungking. Offenders be China grass (known as Ramle will have their goods confiscated. fibre). It is said that it can be

of gun powder today." and the tries, and under the new Sabner Quinine assumed the importance produced in most Empire coun- nation's chemists were advised to

process of treatment. Home develop a substitute against the day when supplies from the Dutch Office experts confirm its supe- East Indies are cut off.

riority over flax... ६

The fibre resulting from treat- Quinine, like rubber, is a strate-ment is used for canvas, webbing believed to be a rarity as far as le raw material from which the equipment, and firehose coverings, United States depends almost wholly on the Dutch East Indies, according to Industrial and En- gineering Chemistry, a publication: of the American Chemical Society.

coolle lines are concerned.

BACHELORS ONLY.

The dormitories wil provide space for 480 beds-240 in each block-all of which will be free of

charge

Strictly for bachelors. these new lines are expected to be com- pleted and ready for occupation by October. Work on them began in March,

The Harbour Board spent half- a-million dollars on several blocks,

of modern houses for artisans in

"Rubber claims the major share of the public eye, but quinine for malaria control could become of real impor- tance were the United States called on to train large num- ders of men in southern parts of our country," the publica- tion stated.

"It is a long way to the Dutch

FROM "ROZA BROS.

Tuesday, Sept. 10. their employment about a year East Indies for quinine as well as rubber, and, while the future of unchanged ago were

Silver prices

and as the wartime demand for

these commodities. is abnormal. the production of China grass, or Ramle, might be very well worth consideration where climate con ditions are suitable in Australia."

-The above paragraph occurred In one of the latest reports from South Australia's Agent-General in London (Sir Charles McCann).

The history of ramie is a ro- mantic-one-and there are prob- ably few crops which have been more tantalising to tropical agri- culturalists and inventors during the last hundred years

TENSILE STRENGTH

It is known that this remark-

yesterday, the quotations remain- Situated in Morse Road, these various possessions in that region Ing at 23.7/16 for Ready and 33. houses were officially declared is undetermined, no one can pro- 1/4 Forward; Silver advices re-open for occupation by the then phesy to what extent or how long able fibre has been made use of "ported a quiet market. The mar-Colonial Secretary. Sir Alexander, unrestricted supplies may be ob-n China, Indlu and in Egypt for

tained." ket closed steady but idle. Ameri- small, in December last, can Silver was quoted at 34.3/4

for spat.

The London-New York cross- rate was quoted at 402.1/2. New

York, London was quoted at 403 HONGKONG SHARE QUOTATIONS

Quiet.

MARKET.

STOCK EXCHANGE,

thousands of years and modern researches have proved that in tensile strength it is unsurpassed by any other commercial fibre, vegetable, animal, or synthetic. Its durability on exposure to weather and its silky, lustrous appearance are also outstanding.

In elasticity, flexibility, cohe- Salanominal sion, and particularly in tortional strength. however, it must admit betters on one or more points. Nevertheless, its good qualities are such that a great deal of time!

ASSOCIATION

81310

£71 £85

•

SHAR BROKERS'

TUESDAY 10 SEPT.

Banks

Bayer

Belleza

81305)

H.K. Beaks

£71

£350

... £6 7/16

X.D. 2273

ID. PH 2476-

$72

N. C. & 8. Bapkr.... --Insuraneeц

Canton Insurances................ Union Insurances..............

$200

$390

5.cts.

$160

STERLING

There were sellers at 1/2.31/32 up to December, buyers at 1/3 for any delivery.

US. DOLLARS

Some business was done during the early part of the morning at 22 15/16 for near delivery

The market closed at 1 p.m. with sell- ers at 22.7/8 for near and for- ward, buyers at 22:15/16 for Cash. SHANGHAI DOLLARS Business was done early in the morning at 427.3/4 but later the rate gradually receded to 425. The market closed at 1'p.m, with sell- -ers at 424.1/2, buyers at 425.

SHANGHAI MARKET Opened with sellers of Sterling at 3.31/64 and closed steady at

Buyer Sellers Bate Nominal

*$390

$200

10 ct.

$160

Do. (Col. Reg.)..... Do. Lon, Ray).... Chartered Banks...... Mercantile Eks. "A". Mercantile Bks" Bank of East Asia.

Underwriters

II.K. Fires........

Shipping

$120 Douglases

$11

Steamboats.

$100 Indo-Chinas (Prof.)..

$80

Indo-Chinna (Def.).....

30/10 Shells

$8.30 Waterbosta

Docks, Wharves,

Godowns, etc..

H.K. & R. Wharves... Providenta

810

£8 7/16

£28 silie $72 50 ct.

::

and patience has been spent In various parts of the world on jefforts to produce it on a com— mercially profitable scale parallel

to that of sisal, "Tlax, manila, or Jute.

The list of luxuries, publish- ed on July 1, includes cigars, cigarettes made in Shanghai and Hongkong, canned goods, curry, sausages, sharks An, cosmetics and toys.

H.K. STOCK EXCHANGE

Business reported today was not quite on the same scale as yester- day but prices are being fairly well maintained.

"BUYERS

Union Ins., $395. HK Fire Ins., $150. Wharves, $50. Docks (0), $16.75. "Providents," $2. Lands. $30,75.

Trams, $16...

Star Ferries, $58. China Lights (N), $4.10. Electrics (0), $38.40. Electrics (N), $37. HK. Ropes, $5.30. Dairy Farms, $18.20.

SELLERS

H.K. Mines, 1 cts. Hotels, $3,80.

China Lights (O), $7.15.

SALES

HK Banks, $1305. Docks (0), $16.90. HK Mines, 1 cts. Humphreys, $T.

China Lights (0), $7.10/20. China Lights (N), $4.10. Electrics (0), $38.75. Electrics (N), $37,29, Telephones (0), $24.25, HE-Ropes, $5.50. Watsons, $9.

HONGKONG.

SHAREBROKERS"

ASSOCIATION

Experimental plantings have been carried out at various times in India, the U.S.A., Kenya, Queensland, and many other H.K. Docks (0) $120 countries, but apparently in all HK. Electrics (0)

these places the expansion of the HK. Telephones (O)

HK. Tramways industry has made little or no $100

the stumbling block 36/10 headway,

Volume of Business Transacted. on Tuesday, Sept. 10, 1940.

$100

60

100 $16.90 38.75

500

24.25

100 15.90

200 15,80

500

8.65

1,350

The total value is $23,827,50,

86.90 being the lack of an economical Entertainments

process- for decorticating and de gumming the fibre.

3.1/2. U.S. Dollars opened

with

sellers at 5.5/16 and closed with

Sellers at 5.11/32 for Spot.

$90

...

800.

$435

$4,35

$162

H.K. Docks (Old)...

$16 905

Quiet.

#161 $25

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

18/0

STERLING

1.::

18 ::154

AFTERNOON MARKET

The market closed with sellers at 1/2.31/32 up to December, buy-

ers at 1/3 for any delivery.

... U.S. DOLLARS

Nothing doing. The market closed

with sellera at

22.7/8 for near

and forward, buyers for Cash.

at 22.15/10 $30

SHANGHAI DOLLARS Erratic. Opened in the after- noon with business done at 426. 1/8. Then the market reacted to

424. Later 425.3/4 was done. At the close there were sellers at 424, buyers at 425.

SHANGHAI MARKET. Opened unchanged with sellers

of Sterling at 3.1/2 but closed

stendier with sellers at 3.33/64. U.8. Dollars, opened with sellers $9 at 5.11/32 and closed with sellera at 5.3/8 for Spot,

Shanghai Exchange

Shanghal, Sept. 10, (Reuter),

Ometal T.T. Rates

-

London

New York

Japan

!!!

$3.60

$16

#

***!

+Bhanghai Docks.......

Kailans

$9.53 Ran be

Mining

Hong Kong Mines....... Lands. Hotels and Buildings

$100 Do. 1% Debentures..

**

,15/0

"

$8.15-

The Government of India twice within the last century offered a $16.40 substantial reward for a satis. $35 factory means of winning this valuable fibre and many inven- tions were tested but none filled the bul Sir Charles McCann speaks of the Sabner process and It is possible that the goal has been reached at last, but accurate information about this process is at present lacking.

E.K. & 9. Hotels......

$3,60

H.K Lands $30

$100

$13

Shanghai Lands...................

$3.65

F.K. Realtim........................

$3.85 $6.90

Humphreys ......

101 Chinese Estates..

$41

Cotton Mills

Ewo (5.)

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

Zoong Sings (8.).......

##

Wing On Textiles (8.) 195

Public Utilities

#16/$15 95H.K. "Tramway.............. $7.40 Peak Trams (old)... $3.70

Peak Trams (new). Star Ferries...

$21 'mati Ferries

$7:10/106-7.30 Chins Lights (0)...................

China Lights (New)... H. R. Electrice (Old

PROBLEMS OVERCOME

'The problems of production of ramie fibre appear to havė been overcome by a Japanese company $42 operating in the Philippines, and [recently, a considerable extension. of planting is recorded as having taken place in South Russia.

$210

WEDNESDAY, SEPTEMBER 11, 1940. -PAGE 9

Poor appetite? TAKE

"BLACK

WHITE"

THOSE WHO KNOW SAY, IT'S THE SCOTCH.

'But surely, just a

Never neglect a scratch-however small. The moment the skin is broken a path for germa is opened.

พ

Ute "Detrol' at once. It is a wespon against infection. Yet for all its high germicidal efficiency, it is

scratch-staining, non-poison-

ous, even pleasant to smell.

DETTOL

TRADE MARK ›

THE MODERN ANTISEPTIC

DETTOL

Agents: Imperial Chemical Industries (China) Ltd, Hong Kong

SALE"

"SPECIAL

AT LOW PRICES

New Laid Leghorn Eggs-

FROM THE

Diamond Leghorn Farm

Sol

Agent:

HUNG CHEONG,

68, NATHAN ROAD, KOWLOON -

TELEPHONE · 57108

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

If Charges collected, $2.00.

Bate of $1.50 for THREE INSERTIONS.

"WANTED KNOWN

Experienced. Bock-keeper Wants

A Students to form a class.. Guaran-

$16.00 15.35 certain amount of the fibre was tee students to keep a whole set of

84

800

822

87 $4.10 $38.40 $37

$7.10 $4.10

#381

H. K. Electrics(New)... 837

***

#17

Macao Electrica ́ (Old).

218

Macao Electrics (New)

811

Sandakan Lights......

$942

Opening

$2.85

ཐཱ*;

0/3-3/8

***

5

21-1/4

18-5/8

India

Hongkong"

Sterling

*22-3/8

Bellers

Opening Closing 0/3-1/2 0/3-33/84

0/3-1/20/3-33/04

·0/3-31/64 0/3-1/2

U.S. Dollars

$5-11/32 $5-11/32

Spot

Sept.

Oct.

8pct

Bept.

Oct.

5-11/32.

818.20

5-11732. 5-6/16

$8,90

5-5/16

Market: Quiet, but steady.

India Rupee Paper

Bombay, Sept. 9 (Reuter Gort. 31% Rupec, 90-04-0,

Calcutta Exchange

ITS

Calcutta, Sept. 9 (Reuter).

on Japan, 81-1/4.

HTT

A@TTAAD

Telephones (old) 824

Telephones (new).

S'pore Tractions (Ord.) Industrials

814.90 Cald., Macg. (Ord.) 8.

Cald., Macg. Pref.)8,

$12

$1

Canton Ice...

8181

Cements d

$5 H.K. Ropes

HK. Gort. Loans

899 45 Load

$06 31% 886 31%

M

10

(1034) (1040).. Miscellaneous

Dairy Farma...........

Entertainmenta

$1.80 Constructions (old)...

#1

Constructions (new)...

$7.46 Lane Crawlords

$2.15

Nanyang Tobacco..... Sinceres

Watsons...

35%. Ch. G.5% 1025G1Bds.

.K. Wing On

$181

100",

IL

produced from one plantation in books after completion of a course Kenya before the last war, but the lót 6 months. For Term and Far- enterprise does not appear to have ticulars.. Please Apply to:-Box

No. 463. c/o HK.D.P. been very profitable.

WANTED TO BUY

The botanical name of the plant from which ramle fibre is produced is Boehmeria nivea. It is a peren- nial belonging to the nettle family about and grows to a height of six feet with numerous straight 89.06 stalks bearing large leaves and any amount.

small yellow flowers.

WE OFFER HIGH PRICES for of gold articles, poimmundo, jades, etc. -No-holidays.

It is propagated by seeds, cut- Apply China Buliding, 7th floor. Tel. 30727. Eurasia Gold Refining tings or rootstocks, the latter

Co. method being the most generally $18 adopted. Another plant of

80 otą.

the

HOTELS

RUSSIAN CUISINE MORE POPULAR EVERY DAY

METROPOLE HOTEL

We pay high prices for all Gold & Silver" articles, Diamonds, Jade and Gold dust. Apply, China Gold Refining Co., Pedder Building, 2nd -floor-Room-6.-

FOR SALE

same family, B. nivea tenacissima, Wanted to Buy, 2nd Hand Type-A selection of the best varieties of is a native of Malaya, and pro-writer in Good Condition. Please RELIABLE & TESTED

somewhat similar tibre apply to Box No. 464 c/o The called rhea but this plant is sald KD.P.

duces B

896

ito

require a. tropical climate,

while China grass is better suited $8.20 to more Continental conditions.

$1.85 The plant, according to Japan-

$31

FOR SALE

For Sale Fifty sets of Jubliee and, ese figures, has a life of about fourteen years. but profitable Coronation Stamps 1st day Cover. $2.20 production is limited to sight What offer? Please apply to Box

No. 405 c/o The HKDP. years, the yield gradually rising 38%, from the second to the fifth year

and then declining.

$39

***

Bhai Wing On

$14

Vibro Piling

8/3.

Marsmans Int., (Lon.)

4/0

Haramans Int. (ILK.)

194

U1:

Wn. Powells

4Sale to Shanghai ̈

Yields of 1,000 lb. of fibre seem variety of soils, but preferring a to be within reasonable expecta- deep, light alluvial soll. tions, and prices in London during From the information available peace time range from £20 to £50 China grass appears to require for per tou. The crop is said to be its development warm, moist easy to cultivate, thriving on a climate with a 40 Inch rainfall.

FLOWER AND VEGETABLE

SEEDS

From

Messrs. Suttons & Sons, Beading, Messrs. Allee Burpee & Co., Philadelphia

Led Messrs. Arthur Tates &

Sydney

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

GRACA & CO.

No. 10 Wyndham Street

0. 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.

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN!

LAMMERTS AUCTION ROOM Lanumert, Brestart.

Teteuboge Na DER4.

EAT AT

Jimmy's