1940-09-20 — Page 9

HONGKONG DAILY PRESS

Finance and Commerce

BRITISH TRADE | FOOD_RATTONING

WITH

SOUTH AMERICA

QUESTION RAISED IN COMMONS LONDON, Sept. 19 (Reuter)—

1.

IN DENMARK LONDON, Sept. 18 (Reuter)- Food rations in Denmark' have

been further cut, coffee rations, for instance, being reduced from

250 to 225 grammes a week.

Margarine is now to be sold only to people with incomes below a certain level.

Reconstruction Of Co-capital

"CHUNGKING, Sept, 19 (Central) The Executive Yuan has decided at a meeting held on Tuesday to form a Co-Capital Reconstruction Planning Committee.

| RECLAMATION IN

KWANGSI

Invitation Extended To Colony Chinese

. و.

Llucheng. Laipin. Chienkiang and Wuhsuan have been marked out for reclamation.

FINANCE & GENERAL BRITAIN HAS A SECRET WEAPON TOO: IT IS A "SELF-IGNITING LEAF”

LONDON, Sept. 10.—Authoritative London quarters reported today that the British Royal Air Force was rushing the pro- duction of an incendiary weapon only recently put to use and described as a "self-igniting leat."

Obviously the weapon in question was the basis for German charges that such leaves or cards dropped within the Reich had resulted in damaging fires

The

its increasing operating expendi- leaves would fire forests in which ture, loans may be raised.

posed to dry air. The ignition

of the leaf may be delayed in the presence of moisture. "The advantage of the

new

(The Germans charged that the The Kwangsi Relief Commission cards, two inches square, contain- Kun cutton I's inviting wealthy Chinese in the ed phosphorus and

furiously Bread rationing-which so far Colony to organise corporations and that they burned The question of export of wire has covered rye bread only has to reclaim wasteland in Kwangs! whey dry. They said one British weapon lies in its light weight in could carry a quarter contrast with the heavy ordinary plane was been extended to white bread and

¡province.

can products to South America

safely incendiary bombs. A plane raised in the House of Commons rolls, and coupons are even ne-

Large tracts of wasteland along million of the cards in a

thest cessary for bread in Danish re-the Liu River and at Locheng damp state).

carry many thousands of yesterday..

leaves' and subject a tremendous Colonel Baldwin Webb asked the taurants.

TARGETS IN WOODS. Secretary of the Department of

London informant said area to the danger of immediate Overseas Trade whether his at-

that the leaves were designed "to or delayed fires,"

HIGHLY FEASIBLE Bach reclamation corporation tention had been called to the fact

Chemical warfare officers of the that orders of wire netting from

must have a capital of between set, tire to military stores stand-

Philippine Army were greatly In- South America were being lost to

$200,000 and $500.000 (Chinese cur- ing in the open." He said that suitable conditions. the

when shown the Asso- this country owing to the present

rency). If its capital fails to meet under

clated Press dispatch and sald temporary embargo on export of

terested military plants were concealed

weapon was highly such material, and that further

-He-added “It is known that the that such a diferities were being created by

PRINCIPAL PURSUITS

feasible. They added, however, enemy has concealed such targats.

that use of phosphorus in chemi- the fact that German manufac

Setween 10,000 and 20,000 mow

He recalled that re- in woods,'

as the turers were guaranteeing delivery

It will be recalled that a recent

was employed in in- such materials to South

National Government mandate de-of wasteland will be assigned to cent communiques mentioned the cal warfare was not new

each corporation for reclamation. firing of vast

forests in south substance

cendiary bombs in the last world America by autumn this year.

Agriculture, afforestation and ani- Germany. Colonel Webb asked whether the signated Chungking as China's Co-

mal husbandry will be the prin

The Germans have charged that war. Secretary for Overseas Trade Capital.

Phosphorus, they said, 's used elpal pursuits. Factories and mills

suffered burns many persons

in warfare for two purposes--to would take steps to make the true

cards and that farm from the position known in South America

may be established in due time.

The Commission will "provide

houses, grain stacks, grain fields cause, incendiary tires and to pro

LO screens

conceal and so preserve

duce smoke Cestroved facilities as best as it can to each

have been and barns Britain,

However, the troop movements. corporation to initiate its work. It

by them. It was said that the

orgniting lear" will give technicial assistance and cards burned at different times use of the chemical in the self-

depending on the "amount will help to enlist hands, whose travelling expenses to the recla-warmth and sunlight they receiv-ment, they admitted. mation centres will be provided. ed. The leaves, it was said, might lle domant for 10 years and still be a constant fire threat.

01

I have been informed that of this trade for fers for delivery in October have been made by Germany, but it Iseems hard to believe that such NATION'S WAR EFFORT

Harcourt Johnstone. the offers can, in the light of circum Mr.

that concen- stances, be taken seriously. None Secretary, replied tration on the nation's war effort theless, action is constantly being during recent months resulted in taken to keep before the notice of American purchasers the the inevitable curtallment of ex-South ports of wire products, but it was ability of this country to manu- a very wide hoped that in the near future the facture and deliver position in this respect would be-range

Įments" come easter.

AN IMPROVEMENT of their normal require MARKET REPORT

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

11/10

IM

SHAKYBROKERS ASSOCIATION

H.K. Banks

Do. (Col. Reg) ....

. Insurances

::

Nell

FROM ROZA BROS. The price for Ready

Silver

chemical

is a new develop.

PHOSPHORUS BOMB

FRIDAY, SEPTEMBER 20, 1940. PAGE 9

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRY GIN

DESTILLERY. LONDON.

NO COLOURINg matter

NO INJURIOUS INGREDIENTS

BLOCKADE

TO BE TIGHTENED

·CALLING-UP.

OF ALLIED MAN-POWER

the

LONDON, Sept. 19 (Reuter)-Mr. Clement Attlee, the Lord Privy Beal, BLACK LIST FOR The use of phosphorus in in-

intimated during the course of cendiary bombs is described by J.

OFFENDING SHIPS questions in the House of Commons B. Haldane in his book, Air Raid

yesterday that the British Govern- LONDON, Sept. 19 (Reuter)-It Frecaution, as follows:

ment intended to submit to Parlia Local chemists and

"There are other types of incer is learned that an agreement has

necessary authority center warfare experts agreed yesterday diary bombs,

for example the been reached between the British ment, in due course, legislation to that the "self-igniting "leaf", not phosphorus bomb, which throws and Spanish Governments regard-

upon the Allied Governments in dropped 1/16 yesterday to 23.7/18 only is feasible but is a great burning fragments for some dis-ing the amount of imports of cif Britain to call upon their nationals but the Forward rate rose 1/16 improvement, on the ordinary in-tance and generates a great deal into spair. It is officially regarded for military service in accordance to 23./7/16. Silver advices re- cendiary bomb heretofore used of smoke. But though it is more as satisfactory to both sides.

with their own existing national ported the market as being quiet warfare,

laws, but in conformity with the and featureless, American Silver

uniform arrangements for employ- ment of all Allies manpower on war service.

alarming and more likely to burn Dr. G. L. Adamson, president of people who try to put it out. It was quoted at 343/4 for Spot the Adamson School of Industrial has no penetrating power and the The London/New York cross-Research, and Dr, Oscar Falek, heat is not so great at the cen- rate was quoted at 402./12. New York/London was quoted at 404.

MARKET

Dayers

Bajes kellera

Nominal THURSDAY

Eartr Ballets

19 SEPT..

Banks

$13065

$1316

$1305

e72

-L07

Du. (Lon. Reg).

$67

£81

Chartered Banks

£273

Mercantile Bks. "A".

£281

Mercantile Bk. "C".

£11 1/18

Quiet

$72

Bank of East Asia... $79

STERLING

N. C. & B. Banks......

150 ct.

Canton Insurances...

$180

Union Insurances.......

$400

Underwriters

1 call paid

business

reported. No There wree sellers at 1/2 for near and forward, buyers at 1/3.1/32 for any delivery,

W83

H.K, Fires...

8150

Shipping

$120

$10

8100 8100

35/7

Opened with sellers at 22.9/18 with small business done at 22:5/8 The for the end of October. market closed at lunch time with sellers at 22.9/16 for near and 22.5/8 end of October, buyers at 22.5/8 for Cash or October

$193 9400

$150

$405

$1

$4.20

$11

Steamboats

子

12 ats.

+1

$120 Douglases

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

$80 Indo-Chinas (Def.)....

35/7 Shells

$6.90 Waterbeats

- 882

..Docks, Wharves,

Godowns, etc.

H.K. & K. Wharves... 802 Provideats...........

$16.80 H.K. Docks (Old)..... $16

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

..$35

18/0

+Shanghai Docks.......

Kailans

Mining

Hong Kong Mines......

$3.46 $3.60

$301

$3.40

$7.15

$15.80 $18

$15.85

$59

8211

$0.55 Raobs

$12

$4.15

$9.15

Lands, Hotels and Buildings

11

:::

$3.55

3100

Shanghai Landı..........

$7

841 $182

Ewo (8.)

H.K. & S. Hotels......

H.K. Landa 30

1100 Do. 4% Debentures....

H.K. Realties......

Lamphreys

#101 Chinese Estates..

..

Cotton Mills

B'hai Coltonn. (8.)....)

Zoong Sings (S.)...) Wing On Textiles (8.)}

Public Utilities

H.K. Tramways........................

$7.40 Peak Trams (old)...... $3.70 Peak Tram (new)....

Star Ferries.......

Y'mati Ferries

fu

$29

$8.90

China Lights (0)

$6.80

34

China Lights (New),

$31

$38

H. K. Electrics (Old)... $37)

#371

ват

H. K. Electrica (New)... $37

$17

Macao Electrics (Old)

818

Masse Blectrics (New)

Sandakan Lights........

$231

8231/24

807

Telephones (old)........ 893

Telophones (now)....... S'pore Tractions (Ord.}} Industrials

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

Cald., Macg. (Pref.18.

J

88.90

818) #341

16/0

U.S. DOLLARS

SHANGHAI DOLLARS Business was done early in the morning at 424.1/2, Later busi- ness was done at 426.1/2 and also 428. The market closed at lunch time with sellers at 425, buyers at: 428.1/3.

SHANGHAI MARKET Sterling opened with sellers at 3.33/84 and closed with sellers at 3/12. U. S, Dollars opened with sellers at 5.9/32. The lowest rate touched was 5.1/4. The market closed at lunch Elme with sellers at 5.9/32

€392

Dull

8210

8135

$15.85

$3

84

$60

us du

$12

$1

Canton Ices...

50 ota.]

$16

$18

Cementer

$5.10

am

100

306

$181

66.60

:

8191

MARKET

STERLING

The market closed with sellers at 1/3 for near and forward, buyers at 1/9.1/32 for any de- livery.

8. DOLLARS

The market closed with sellera at 22.0/18 for near and 22.5/8 end of October, buyers at 22./58 Cash or October.

SHANGHAI DOLLARS -Gloza¡ Audih sellers at 428.

SHANGHAI MARKET Unchanged. There were sellers of Sterling at 3.1/2 for Spot and U.:8. Dollars at 5.9/32 for Spot.

WONDERFUL SPIRIT OF WORKERS LONDON, Sept...19

(Reuter)

It will not be long before trainees will be passing out from Govern- ment training centres for muition $1.85 production at the rate of 250,000 to 300,000 a year, said Mr. Ernest Bevin, the Minister of Labour, speaking in London yesterday.

H.K. Ropes

HE Gert. Loans

899 4% Loan

$95 31%

W

(1934).

895 31%

Dairy Farms... Entertainments......

" (1940)..

Miscellaneous

$1.60 Constractions (old)... Constructions (new)...

31

$7.48 Lane Crawfords..

Nanyang Tobacco...

$2.15 Binceres

Tavl

130

Watsons....

Ch. 0.6% 192508Bda.

I.K. Wing On .......

B'hai Wing On

Vibro, Piling

Marsmane Inv. (Lou.)

Marsmana Tov. (H.K.)

Wm. Fowells

+Bale to Shanghai

31 long hours would stand out as one

or the most wonderful in Britain's Industrial history.

8/9

4/0

$1

Im

Iter.

the same school. .In professor

These bombs may weigh weapon new

from about two to 50 pounds, So explained the follows:

a bombing plane Can carry & "The 'self-igniting leaf

thousand or more at the smallest made from nitrated paper »

type and scatter them over with board impregnated

town." Uis. pyrophoric substances such as certain modifications of phos- phorus which ignite when ex-

H.K. STOCK EXCHANGE

a

Further steps to tighten the blockade was announced yesterday. The black list of shipowners is in fature to con-: tain a list of their ships which will not be granted facilities in British-ports now ships' havi- certs.

"Mr. Attlee explained that unti this legislation was passed, the position was that the Allied Gov- eruments had the right to call upon their nationals in Britain for, military service, but British courts

News of ships on the discrimina tion list will be published as also Army chemical warfare the names of ships which have officers queried on the subject committed blockade offences and and authorities had no power to yesterday declined to comment.

RELIEF OF RAID

SUFFERERS

CALCUTTA, Sept. 19 (Reuter)

assist these governments in enfore-

are considered to be potential blockade runners to whom Britain ing these obligations upon Allied

respond. is not prepared to grant any facili, nations who might be unwilling to ties.

A sharp increase in Canada's ex-.. ports of gasoline and naphtha was recorded in June of this year," LONDON, Bept 19 (Reuter)-The when the total reached 712,466 House of Commons had another gallons, compared with 27.283 in secret" session yesterday.

June, 1939.

This is to enable neutral traders and exporters to know which ships The Bengal Government has con-not to use, More interest was shown to-day, tributed 27,500 to the fund for the there being a widespread enquiry relief of London air rald sufferers at slightly advanced prices, closing which was opened by the Mayor of with an unsatisfied demand and Calcutta. good indication of higher levels.

BUYERS

H.K. Banks, $1305. Canton Ins: $193. Union Ins." $400." HK. Fire Ins; $150. Providents, $4.25. Hotels, $3.40. Lands, $30.75.· Humphreys, $7 13 Realties, $3.40. Trams, $15.80.

Star Ferries, $59.

Yaumati Ferries. $21.50. China Lights (Qld), 36.00. China Lights. (New) . Electrics (Old), $38. Electrics (New), $37.80. Telephones (Old). $23.76. HK Ropes, $5.40. Dairy Farms, $18.25. Watsons, $8.75, Entertainments $6.60

SELLERS Canton Ins: $200,- Providents, $4.50. Hotels, $3.60.

Trams, $10.

China Lights (Old), $7.25. China Lights (NEW),

SALES Providents, $4.35. Hotels, $3.50. Humphreys $7.25. Trams. $18,

China Lights (Old), $7. Electrics (New), $37.75. Tels. (Old), $23.75/24/24.25.

́HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted

on Thursday, Sept. 19, 1940.

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

ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Bables' for outfits, etc., at $5.00 each workmanship.

Wool and model desired, to be supplied by customer.

Send particulars of address, etc.. to Box 502, HKD.P.

That."WE" have an outstand- ing assortment of latest American dresses for all occasions and price to suit all purses. Call at Vanity Shop" (Lanarps) Pedder Street,

Experienced Book-keeper Wants Students to form a class. Guaran- tee students to keep a whole set of books after completion of a course of 6 months. For Terra and Par-

If Charges collected, $2.00.

HOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

FOR SALE

For Sale Fifty sets of Jubilee and Coronation Stamps 1st day Cover. What offer? Please apply to Box!! No. 465 c/o The HE.D.P.

FOR SALE

RELIABLE &

ticulars. Please Apply to:-Box A selection of the best varieties of TESTED No. 462 c/o HKD.P.

FLOWER AND VEGETABLE SEEDS

WANTED TO BUY

WE OFFER HIGH PRICES for of gold articles, any amount diamonds, jades, etc. No holidays. Apply China Buliding, 7th floor.

From

Messrs. Suttons & Soris, Reading, Messrs. Atlee Burpee & Co

Philadelphia..

Tel. 30727. Eurasia Gold Refining Messrs. Arthur. Yates & Co., Ltd., Co.

1,500 8.9512

100 16.30 100 18.50

$8.20

$7

33)

$2.20

$8.80

·38%

$39

~$14.

Baying that the present long AB. Watsons"; hours of work were to be regarded H.K. Docks (N) as a spurt, as it was impossible to Dairy Farms keep them up, Mr. Bevin said the China Providents work people's achievement in in-HK Hotels tensifying the output by working

1,000

$1,000

600)

3,50

4.200

The total value fa $25,502.00.

"We pay high prices for all Gold & Bliver articles, Diamonds, Jade and Gold dust. Apply China Gold 485 Refining Co., Pedder Building, 2nd 3.50 noor, Room 6.

Wanted to Buy 2nd Hand Type- writer in Good Condition. Please apply to Box No. 484 c/o The AKDP.

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. 0. Bor wet Hour Kor

|

TEA DANCES «Tuesdays (

Thursdays

Baturdays

Sundays

5 to 7.30 p.m.

ENGRAVEES

FEI FEI & CO. Photo Engraver.

18; Cochrane street. Telephone No. 22224.

AUCTIONERES

GBLATEST COLLECTION OF BARGAINS IN TOWN!

*

LAMMERTS AUCTION BILA Lakukan, de stel.

Teh plan 20, 20921

Jimmy's