1940-11-29 — Page 9

HONGKONG DAILY PRESS.

"

Finance and Commerce

US, LOAN TO U.S. Wheat,

CHINA LIKELY

Based On Purchase "Qf Defence: Metals

WASHINGTON, Nov 28 (Reuter) -Loans for China. Argentina.

Rice Arrive In Shanghai

CHUNGKING, Nov. 28 (Centra -Two consignments of Amèrican food supply-150 tons of rice, and 930 tons of wheat-purchased by

U.S. LOANS TO BRITAIN

FINANCE & GENERAL

SINGAPORE TURNED INTO MELTING POT OF BRITAIN'S

FIGHTING FORCES

MALAY REGIMENT Although the Malay regiment. has not had any fighting experi-

SINGAPORE Nov. 16-The war has made Singapore the melting pot of the Empire's fighting forces, writes David s Wafte, in the Manila Bulletin. On this small Island, one of the most strongly defended citadels in the world, troops from every corner of the British Empire are clustered together. Question Postponed Scotch Highlanders and British faces of these men. even in re

regiments of the line. Tamils laxation, convinces observers that Till New Year

Sikha, Punjabis, Australian" airmen they would be hardy fighters, WASHINGTON, Nov, 28 (Reuter, and the local Malay forces are These are only a few of the regiments in Singapore. The Senate Foreign Relations woven together with one aim to British

There are others which have Cuba and Chile are in prospect. the American Red Cross Society Committee unanimously postponed defend the Empire in the Orient.

As for China, Mr. Jesse Jones, for refugee relier Japanese-antil January action on proposals

equally glorious historical tradi.... Mons behind them. the Federal Loan Administrator. occupied territories, in China ar to relax legal restrictions in order

Artillery and the anti-aircraft told a press conference that "rived to Shanghai on Tuesday, to permit loans to Britain. Tong as the Chinese are in trou according to a Shanghai dispatch. The proposals included a reso-ence the men appear to be magni-giments would play a leading ble, we want to be friendly and In addition, the dispatch states, lution by Senator King to repeal ficent soldiers. They handle mo- ole if the security of Singapor

island and fortress of the Johnson and Neutrality Acts, dern mechanical weapons as If large consignment He added that the loan would American whert and rice is now and the proposal by Senator Nye accustomed to them from child- threatened Furnished, with me- probably be based on United States being transported to "Free China" to enquire into British financial hood, while their bearing is as [dërn equipment and trained to purchase of Chinese metals useful from : Rangoon via the Burma resources in the United States. smart as any crack British real that pitch of perfection for which the British artillery regiments are of ment Replying to

told question, Mr.

In order to afford adequate re- pressmen that he had me "doubt should prove unexcellent for the toll on any attacking force.

In jungle fighting these Malay noted, they should inflict a heavy "Jones'said that he knew nothing let to the Chinese war refugees,

about a loan being considered for the dispatch states that the that the question of further aid jungles are their homes. It is in- Indo-China but that negotiations American Red Cross Bociety is for Britain will be presented Interesting to watch them were" progressing with a tumbel planning to purchase another some form to the next congress."

almost completely with the under- countries. 10.000 tons of rice and wheat and Senator George added that he growth during manoeuvres I' notably Argentina. Cuba, and a farge quantity of medical sup-sympathised with the Administra- ever war comes to Malaya the

help them."

for defence.

of Latin

Chile,

.

American

BIG INCREASE

another

"Road.

plies to be sent to China;

SOARING PRICES

the

Senator George, -Chairman

Committee, however

merge

tian's polley. In giving aid to Bri-

jenemy would find the Malay tain and was of the opinion that solder a tremendous factor extent of such ald should be de-

The Malays would not have to As a result of tension in French (termined by technical experts and fight alone Their comrades-in- Indo-Chins, the price of rfce in that any moves to extend financial arms of the English and the Scot shanghai bàs risen considerably assistance should be preceded by tish regiments, are equally effi Ordinarily large consignments of ad investigation of British re-icient and highly trained LONDON, Nov. 28 (Reuter) - Annamese rice are imported into sources. British imports in October, with Shangha..

EAST SURREYS

IN BRITISH IMPORTS

北

a total of £15,000,000, show an The Shanghai Chinese papers, increase of £23,000,000 over the are arging the authorities of the an International Settlement and the ngures for October, 1939, and increase of £4,500,000 over Sep- French Concession to take drastic tember, 1940,

measures to carb manipulation of food prices.

Exports totalled £23,000,000 be Inga decrease of £7,750,000 on September and of £1,000,000 'com- pared with. October last year.

The fall in the export figure 13 due to a considerable extent to

F

Was ever

They would receive strong support from their kindred Indian' - unit. the Hongkong and Singapore Royal artillery. The Indian are also skilful and precise in handling modern anti-aircraft equipment.

MOUNTAIN REGIMENT Perhaps the most spectacular of all the Indian regiments is the Indian mountain regiment. The

men

FRIDAY, NOVEMBER 29, 1940. -PAGE

SAY

Gordon's

...and know what you're drinking/

NO

GORDONS

DRY GIN EXSTRLERY LONDON.

COLOURING MATTER

NO INJURIOUS INGREDIENTS

BRITISH LOGIC

TOO HIGH FOR NAZI PARTY

an

war

are Sikhs and Punjabis...U.S. Representation [many of them over six feet in

To Japan And height and they handle giant The East Surreys, who arrived howitzers with what seems, to the > Indo-China Count Telek!, Hungarian Prime recently from Shanghal, are equto- uninitiated, almost ridiculous case, Minister, has been awarded the ped with modern weapons. At a The high standard of the troops WASHINGTON, Nov, 28 (Reuter) Grand Cross of the Order of St. recent demonstration Bren Gun defending Singapore is only one--The United States Government BERLIN, Nov. 28 (Reuter)—The Stephen for services recently ren carriers supported by infantry, indication of the latent strength has made representations to both "Crazy British" Is the title of dered to the country.

made light work of soME of the here, however. The beaches are Japan and French Indo-China article in the Nazi Party news- most difficult country around lined with tarbed wire. P boxes concerning the recent arrest of sheet which complains that the Singapore. The men were trained have been placed at every poss the American Vice-Consul, Mr. R. British are continuing the Ito the high pitch of efficiency. ble strategic point. These are ob- W. Rinden, and an American contrary to all rules of logic.

The same is true of the"Gordon vious indications that careful Journalist, Mr. Melville Jacoby. Highlanders. A glance at the planning has made this island as at Hanoi by the Japanese authori-sible person can follow the

The article declares: "No sen- acro- Impregnable as possible

ities.

ibatics of British thought today. have That Germany cannot

be con- photographed the Japanese mill-quered in war, which has in any tary encampment at Haiphong but case been decided on the battle- were later released.

field. is not doubted by` anyone". in possession of normal mental faculties. Te directors of British

HONGKONG SHARE QUOTATIONS

the change in Customs procedure. STOCK EXCHANGE,

MARKET REPORT

FROM ROZA' BROS.

Thursday, Nov, 28.

Sliver prices dropped 1/16 yes- terday, for - both deliveries, the quotations being 23 for both Ready and Forward. Suver advices re- ported the market as being quiet with a small business done Ame- rican Silver was quoted at 343/4 for Spot,

Cross-

The London-New York rate was quoted at 402.1/2 New. "York/London was quoted at 403 -

3/4.

Quiet.

MÄRKET

STERLING

There were sellers at 1/3 Novem- ber-December. buyers at 1/3.1/32 for Cash,

reported

U.- 8. DOLL `R8 Some business

Was early in the morning at 23.9/18: for Cash. The market closed with sellers at 23.1/2 for Cash, buyers

at 23.9/16 for Cash,

SHANGHAI DOLLARS Business was arranged at 399.- 1/4, 399 and also 398.3/4, The market closed with "sellers 398.3/4.

SHAREBROKERS' ASSOCIATION

Do. Col. Reg.)....

Buy Sellers

Balm Nomin

THURSDAY 28 NOV.

Banks

1275, H.K. Banks

£73

£67

Do. Lan, Reg.)

£7

Chartered Banka

25

Mercantile. Eks. "A".

£10] 1/18

$72

N. C. & 8. Banka...........

Insurances

$185

Canton Intayances................

$306

Union InanPROCER.........

Underwriters

$150 H.K. Fires..

4

$7

311

$100

$80

་

Mercantile Kks, "".

Bank of East Asia......

Baljers

· Saur || Homlasti:

$1276

£73

£67

£71

$73

Shipping

$136 Douglas

Steamboats

Indo-Chinas (Pral). Indo-Chinas {Daf

3577 Shells

Waterhonta

Docks, Wharves. Godowns, etc.

#69 #LK & K. Wharves...)

Providenta ......$4,70 $18.30 HK. Docks (Old)..........)

$18, H.K. Docks (New)..

X.D. #31+6hanghai Dock.......

Mining

Keilsas 20 Faubs

[1 cta. Hong Kong Mine........

Lands. Hotels and

$4.70

$4.70

16/3

Buildings

at

#31

H.K. & 8 Hotal

$31

T. ส.

SHANGHAI MARKET Sterling at 3.3/4 and Dollars at 5.7/8 both sellers for Spot.

AFTERNOON MARKET.

The market was quiet in the afternoon,

بران

STERLING

There were sellers at 1/3 Novem- ber/December, buyers at 1/8.1/32 for Casb.

U. S. DOLLARS

4

A small business was done at 23.9/16 for "Cash, The market closed with sellers at 23.1/2 Cash.

buyers at 23.6/3 Cash.

SHANGHAT. DOLLARS Business was arranged in the afternoon at 199.1/4, 399.1/2 and also 430, The market closed with sellers at 400.

SHANGHAT MARKET X Sterling opened with sellers, at 3.3/4 and the market, closed easter with sellers at 3.23/32 for Spot.

;

$7.20 Humphreys .... $100

$3.20

* U

vi

::

84.70.

1935

£10)

20 ct.

$186

NAT. HEALTH CONFERENCE

Admonitory Speech By Dr. Kung

CHUNGKING, Nov. 28 (Central) 3300-In an admonitory speech at the 80 et. health conference summoned by $180

the National Health Administra~ tion yesterday Dr. H. Kung. f$136 Vice-President of the Executive Yuan and concurrently. Minister $100 8100 of Finance, emphasized mass pro- 35/7) duction of medicine, scientifle

researches and discoveries, and establishment of a nutrition stan- dard.

$891

Dr. Kung announced that a #16 special meeting will be called to -916 discuss the nutrition problem.

#31

The health conference which was opened on Nov. 25 will be in ses- 18/8ston for week. Over 40 health

18

experts and administrators, in- cluding the directors of the Fukian Kwangtung, Kwanga, and Kansu bealth bureans. are present.

There are also military secrets. such as heavy shore batteries,

searchlight positions, anti-aircraft gun emplacements and sea do

fences.

This strength, whether hid- den or displayed, is supported „by numerous squadrons of the Royal Air Force and the Royal Australian Air Force, the great Potential strength of the naval base and the warships which carry out ceaseless patrols of the Far Eastern waters

They

were alleged to

BERLIN Nov. 27 (Reuter) Admiral Abrial, Governor-General policy decline to recognise this of Algeria. has arrived in Vichy, primary law of human logie according to the German news After speaking of British "hal- declares agency yesterday. He had an in-fucinations" the article terview with several Ministers in that the problem of finding a eluding the Ministers for War and solution for this war is no longer Finance.

one of politics but psychology.

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. If Charges collected, $2.00.

TO LET

HOTELS

RUSSIAN CUISINE

$100

$3.45

$7.16

H.K. STOCK EXCHANGE

TO LET.-Furnished Room, North Point near bus, tram stops. Tele- phone. 32610.

MORE. POPULAR EVERYDAY

627

#1.K. Lands....................... #30) 8100 Do. 4% Dabantures.....

Shanghai Lands........ #3.45.K. Realties..

Chinese Exta Latu.

Cotton Mills

8166 S'hai Cottons (8.)..

Zoang Bings (8.).....

IK. Tramways....

$40

$165

Wing On Textiles (5) Public Utilities

$125

$16.40

8161

$7.40 Peak Trams (old)....

$7.40.

Star Ferries

$2.70 Peak Trams (now).. $58

$3.70

$294 $6.90-O.D. $8.60 C.D.

I'mati Ferries. Don China Lighta China Lights (New)..

$22)

(0)-

$8,90

C.D

C.D. #ei

$374

#12

$241

BUYERS

METROPOLE HOTEL

TEA DANCES Tuesdays

Thursdays

Saturdays Sundays

510 7.30 pm,

$374. R. Electrics (014)... #374 H.K. Finciric(New).....] #37} $17 Macao Electrics (Old) $164 Maco Electrics (Now! $11 Sandakan Light... $244. Telephones "(old).................

Telephones fo&▼)... S'pers Tractions (Ord" Industrials

| $14.90) Cald., Mäeg. (Ord.) & Cald., Macg, (Prof.15

,

Canton Ici......... Cements

H.K. Ropes

HE. Govt, Louns

$984% Loen

(1994).

304 81% -$4 21%. (1940).

Miscellaneous

19.

lairy Farms.... Entertainmenta Construction (old)...... Constractions (new)..

150 ota

$16.80

$16.70

B8)

$95

#ITA

$6.60

Laine Crawfome, som Nanyang Tobacco.....$3

$2.16 Bincores

Ch. G.5% 1925 G3 Bds

Watsons.

SALES

HK Banks

2-$1,275.00

China Providenta

250

4.70

Cementa

500

16.90

38.70)

500

18.95

35

HK, Electrics (N) ( (20

37.75

Tag

ILK Wing On

HR. Docks (0)

100

16.40

B'hai Wing Un

HK Realtys fia 100

3.20

Union Ins." KARAGD

40%

392.50

1,512

Vibro Filing

7/8 Marsmans fþv. (Lon,) 9/0 Maramans 1972. (H.K

Wm. Pawells.

+Sale to Shanghai

Me

The market today was generally firm with an upward tendency.

Providents, $4.70.

Trams, $18.40..

Yaumati Ferries. $22.25.

Lights (0), Cum. Div. $6.90." Lights (N), Cum. Div. $6.60.

Cements, $16.50.

Ropes, $6.55.

Dairy Farma, $17.50 Wm. Powells, $1,50, Entertainments,, $8,60.

SELLERS

Hotels, $3.50. Watsons, - 39.70. ...

SALES

Union Ins. $392.50. Providente, $4,70, Ropes, $1.75/80

AUSTRALIAN TAXES INCREASED

CANBERRA, Nov 28 (Reuter An increase in income and pro- perty taxes was announced by Mr. A. W. Fadden, the Australian $1,85 Treasurer, in the House or Re-

presentatives.

WANTED TO BUT

WE PAY HIGH PRICES

WANTED FOR CASH-One Baby-

for all gold and silver articles, Grand Piano, must be in good con-

gold bars, diamonds and jewels dition. Apply Box $32, HKDP

Apply China Göld Refining Co.) Pedder Building, 2nd floor, Room 6.

WE OFFER HIGH PRICES for any amount of gold articies, diamonds, silver, etc. No holidays Apply China Buliding, 7th floor.) Tel. 80777. Eurakia Gold Radning Co%

WANTED KNOWN

ORDERS TAKEN for hand-made sweaters, Ladies Jumpers, Bables outats, etc., at $5.00 each for workmanship.

Wool and model desired, to be supplied by customer."""

Send particulars of address, etc.. to Box 602, HKD.P.

Thu "WE" have an outstand- ing assortment of latest American Statuory exemption from income dresses for all occasions, and price tax is reduced from £250 to £150 to suit all purses Call at "Vanity

Shop" (Lazarus) Pedder Street. The 'increases include uns shilll- pd $0.65 35ing In the pound on the average $39

rate on taxable incomes up to Experienced Book-keeper Wants £3006 Students to form a class, Chiaran- -36 Property taxes are 25 per cent tee students to keep a whole net of higher than on earned incomes up books after completion of a course to £1,200 Uver this figure dat or months. For Term and Par rates of ten ahillings in the pound ticulars. Please Apply to:--Box will be levier

No 462 c/o HKDP.

BUTTERICK

Expert Ladies Tailor. New Style Ready Made Dresses

· FOR SALE.

16, Wyndham Street, Tel. 22615,

Just Received Stanley Gibbons Postage Stamp Catalogues

1941

Whole World Part I British Empire, Part II Foreign Countries Bimplied.

GRACA & CO. Dealers In Postage Stamps, Flowers and Vegetable Seeds

Picture Books! No 10 Wyndham Street

Hongk Established 1896,

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street, Telephone No. 22224,

AUCTIONEERS

GREATEST COLËNË FRON O BARGAINS IN TOWN!

JAMMERTS MEDION ROOM

Tool war 10, 201

Jimmy's

TAILOR

LAM SHIU “SBEK

· 334, Nathan Road,

Kowloon, Tel 57712

6

Guaranteed delivery 1 suit In 24 hours, notice and 6 hours" for a pair of trousers,

U. 8. Dollars, opened with sellers

at 5.7/8′ and closed with sellers | $16.60|

เล

at 5.13/16.for Spot,

$0.60

$6,70

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted

on Thursday, Nov. 28, 1940....

The total value is #39.065,00%--

#17) $6.00