1940-12-06 — Page 9

די

HONGKONG DAILY PRESS

Finance and Commerce

NEW U.S. ASSISTANCE TO BRITAIN IMMINENT

WASHINGTON, Dec. 5 (Rauter) - Important

new American

moves to hels Britain appeared imminent yesterday' as the Secre- taries of at least three government departments gave Indication of further aid being under immediate consideration,

13

and Bir

Britain's

Need Of Butter

FINANCE

CHINA TO EXPORT MORE

FARM PRODUCTS

Beginning from 1941, the Ministry of Agriculture and Forestry' hopes to increase the yaine of China's export of farmi products to $500,000,000. For the past few yeah, the annus! áverkge. has been £134.000.000

¿

To put more land under the plow so that the total food production in Free China can be increased Is | one of the points to be emphasised In the Ministry's programme for | 1841. It is revealed that over 168,-

RICE IN LIEU OF CASH

000,000 acres of land are as yet up- CHINESE LAND TAX

Mr. Jesse Jones, Secretary of the latest conference

"The defect of the British Em-cultivated. Commerce and Federsi Loan. Ad-Frederick's visit here" is expected pire in the struggle we are now ministrator, said that Britain was to help clarify the situation. Ther engaged in is the only factor which

has been some demand for in-will destroy the market for in formation on Britain's

creased Australian dairy produc- tion at a reasonable price."

4 "good risk »

Mr. Henry Morgenthad, Secre--- tary of the Treasury revealed that status.

Sir Frederick Philips, under-Be-} cretary of HM. Treasury, was at- riving to meet Treasury officials.

FURTHER ORDERS

for Manufacturers,

CIACI

for cotton and wheat in the north- The extension of improved seeds

COLLECTION, western provinces and for rice and the collection of land tax in rice CHUNGKING, Deq. § (Reuter) -- the southeastern instead of cain is expected to be

sugar canes in

So said Mr. J. R. King, & mem. / Bravinces constitutes another enforced next year, according to ber of the Australian Dairy Pi portant item in next year's pro-the official Central Daily News.

gramme.

For the control of insects, a. formsuts has been worked out whereby native drugs will be used as disinfectants. Better

WIE

The proposal," it states. instance. duce Board, recently, replying to a

udonted in principle at the July Simultaneously, Mr. Cordell Hull, want to know whether it is finan-statement by Mr. M. P. Dunlop,

meeting of the Supreme National Secretary of State, told a press cially safe to accept further orders general president of the Primary

Deferice Councli while the details. have Producers' Union, on the subject: conference that government was and if the millions they

handle British orders of increased dairy output.

were angrated at the Exequtive giving consideration" to all phases spent to

- fertilisers will also be sought. (Yuan meeting on Nov. 13 after of the shipping question in con-will be repaid.

"As Mr. Dunlop was well aware as oxen and buffaloes form the which the Ministry of Finance nexion with aid for Eritäin,

Another source of concern has of the shortage in butter supplies main animal labour on Chinese decided that land

tax for 19 been the future of American ex- to the United Kingdom resulting farms, their propagation will be should be collected in see, j port trade if British resources are from the war." Mr. King said, “the

Meanwhile, encouraged. allowed to become exhausted. The figures might have been quoted to farming tools are to be popularised the total land tax, including the The Chinese dally estimates British Empire now takes 60 per the farmers when placing before as to irrigation projects, they will Japanese-occupied area, at about cent. of United States exports, and them the attitude of the Primary be undertaken by the individual $200,000,000. "According the sudden and complete collapse Producers' Union towards increas-proymces with financial assistance 1825 budget, and EX totalled together. Three similar extraor- of the Empire would be a heavy ed production,

from the National Government.-

90,000,000 taels dinary meetings have been called

brow to American national

(Central News). of recent months and it is notable that a major step to aid Britain followed each one,

SPECIAL CONFERENCE Observers had scented something in yesterday's special conference

which brought nine of the most Important government cncial

economy.

FORD INTERVIEW The Arst meeting preceded the sale of destroyers, the second pre- DETROIT, Dec. 5 Reuter)-M. ceded facilities for Britain to ta- Henry Ford, in an interview yes- crease her air force orders by terday, said that if Britain needed 12.000 planes, and the third pre-money he was in favour of "giving ceded the release of Flying For- them all they want,” tresses for sale to Britain.

He added: "It will end the war The mancing of Britain appear in a hurry. We did. It before and ed to be the dominant subject at might as well do it again."

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Trailers'

Sales

Nomina

རྙ

$1276

"We now have a cable from Lou- don stating that the British Goy- ernment has been forced to reduca the ration of butter from 4-oz. a head to 2-0 on account of short- age of supplies. Is this not sufficient justification for increased produc- tion. In Australia?" asked: and added:

Mr.

King

INCREASED QUANTITIES

"Mr. Dunlop apparently agrees there should be opportunity for the sale of increased quantities of Australian dairy produce after the war, though the only point he is definite upon is that the farmers

SHARYBROKERA" ASSOCIATION should have an assured buyer and

THURSDAY Buyer Baller

5 DFC.

Banks

HE. Banks .......

Do. (Col. Rag.) ....

Do, (Lon. Reg.) Chartered Banks .....

£72

£7.

2951

Mercantile Bts, "A".

£10 1/16

Mercantile Bku. "0".

Bank of East Asia.......

$73

$185

$291

$5.15 $17.10

$10

ཧྥུ་:

N. C. & S. Banks..... 10 ot.

Insurances

Caulon_iceuratioO..................

an assured price before will Sa Toast advise increased production,

391

The defest of the British Em- pire in the struggle we are now $1890 | engaged in is the only factor which 278

will destroy the market for - £79

creased Australian dairy produc Baktion at a reasonable price, I, Tor £10g one, will not contemplate that, and if such a catastrophe, did come. then nothing else, woukä matter. If for no other reason than to help. $185 win the war, the producers should be willing, and I believe they are, 80 ct.

to increase production to the limit, 8150

as foodstuns are just as essential as munitions in the United King- dom.

TH

Union Insurances.

Underwriters in

$160 H.K. Fires...

Shipping

$135 Douglasm

$135

$11

Steamboats #51

#100 Indo-Chines (Prof.)...

$100

$80

Indo-Chinas (Det)....

$100

33/9

Shella

33/9

87

Waterboats

87

$0.10/25...

$17

$31

$7

i:

"Although Mt. Dunlop does not; read into the contract that the British Ministry of Food will take all the butter and cheese Australia can send, I would like to quote the Bold adage that "there are none ao blind as those who will not see.' Every box of surplus butter Australia has produced so far since the war began has been taken by the British Government, paid for here; and shipped' without any delay or extra cost to the produ- cera."

$5.15/5 816.70/16

+

830

H

16/2

**

$3.45

$100

$3.45

07.18"

IR $38

#166

$135

317

$31

sai

***

$3.45

0173 $17

Docks, Wharves,

Godowns, etc.

$60.K.K. Wharves...

Providenta arrestonte

H.K. Docks (Old)............... #18.68" H.K. Docks (New)... 318.15

#312 | 18hanghai Dock........

Mining

16/3 Kailang

Raube

i eta Hong Kong Mine

Lands, Hotels and Building

H.K. & 8. Hotels. $3.30 H.K. Land.............$37

$100 Do. 4% Debentures....

#114 Shanghai Lands.......... HK Realtion....

$7.20 Humphrey $100

Chinese Batated.... Cotton Mins

$38 Ewo (8.) .....

#165 Bhai Cottons (8.)....)

Zoong Sings (8.)........ Wing On Textile (B.))

Public Utilities

HK Tramway $16.85 $7,40 Park Trama (old)......... 63,70 Peak Trama „{nww)..........)

Star Ferries 3371 I'mati Ferrign Chins Lights (0)-- $7.10

(New)... Chins

EL R. Fold

H.K. Electic New)..

Macao Electrica (Oldy

Macao Electrice (New)|

Bandakan Light

Telephones folder

Telephones (now).......310 S'pors Tesetions (Ord,}]

- Industrials

$14,90) Chld., Macy. (Ord.) 8.

$12

#

$17/

$6.8

Cald., Mocy. (Pref.)8.

Canton Tow...

Comenta aparı

H.K.. Hopes

HK, Govt, Louw

$98% Low

$94 31%

**

(1934)

$2431% (1940).

Miscellaneous

$7.10 C.D.

$6.70 C.D.

$38+

$38

***

:-1

$58

VIKI

亀学

$16)

$12

$24

$10

310

HOTEL JE:

$0.05

CHARCOAL GAS AS FUEL

Mr. Vincent was replying to Mr. Wilson (U.C.P, Dabbo), who men- tioned a newspaper advertisement. $7.40 for producer zas unita, and asked whether the Forestry Department was in a position to supply the proper charcoal

$2.70

ALLEGED HARDSHIP

i

H.K. STOCK EXCHANGE

better

or

to

FRIDAY, DECEMBER 6, 1940 -PAGE 9.

CHRISTMAS

AND

NEW YEAR HAMPERS

NO. 4 HAMPER

quart Lanson Dry Champagne

14

Back & White Whisky

Gordon's Dry Gin

Courvoisier Three Star Brandy.

Hunt's Old Brown Sherry

Hunt's Fall Rich Port

Pommard Burgundy

Santerns White Wing Gordon's Sloe Gin

prat Gordon's Creme de Manthe

NO. HAMPER

quart V. P. Champagne

34

Black & White Whisky Gordon's

Courvoisier

Brandy

Sandeman Brown Bang Sherry

Sandeman Partner Port

Sauterne White Wice

Fonsumaç) Burgundly Laubenheimer Hock

Margeaux Claret

Gordon's Rumi Shrub

pist Gordon's. Craine de Manthe

-$53.00

-$70.00

Special Hampers made to suit Customers requirements,

DODWELL & CO., LTD.

Queen's Building

the

one-fifth the

total National revenue.

LONDON STOCK ·

EXCHANGE

LONDON, Dec, 0 Heuter)!

WINE DEPARTMENT

Breaking The British

In the Stock Exchange yesterday. Blockade

"The upward trend of the market in the absence of any incentive | continues with the underfine firm, stimulant and fresh buying inter-

Telephone. 20636.

ANGLO-TURKISH AGREEMENT

FILLIP TO TRADE ANTICIPATED

Trams taking the lead in the turn-est, the Market experienced a Only German Outlet LONDON Dec. 6 (Reuter)-The

over, with an unsatisfled demand dull session,

BUYERS

Through Balkans

British and Turkish - Governments for Docks, Banks, Lands," (Tele- Git-edge, however, continued

have now concluded arrangements»«! phones. Cements Dairies, Provi- to meet with support and Oils,

which they hope will bring about dents and Watsons -

where changed, moved to holders

CHUNGKING, Dec. 5. (Reuter considerable, increase, in trade: favour. Industrials were heavy. The chances of Germany breaks through commercial. “exchangsa : especially Store shares, which were ing through the British blockade betwees Turkey and the British- adversely influenced by rationing is very slight, declares the Central Empire, aut consideration.

Dally Now in a leading article: During the validity of strange Wall Street was leṛegular.

"During the last European war,ments provision is made that pay...” before the entry of the United ments between Purkey and tha

territory in Europe than she does the existing rate of exchange be-

HK. Banks, $177. Canton Ins., $185. Docks (0) $17.20. Docks (N), $16.50. Providents, $5.20.. Lands, $31.60. Trams, 317.

Youmati Ferr’ea, $22.29. Lights (0), CD. $1,18.-- Lights (N), QD $6.70. Electrics (0), $38,54, Electrics (N), $35. Sandakan Lights, $11 Telephones (O), SAL50) Telephones (N), $10,cam Cements $17.50. Ropes, $8.50.

Dairy Farms, $18.25. Watsons, $10.20... :: Entertainments, $6.83.-. Constructions (O), $1,60.

BALTS

HH, Banks, $1280. Union Ins., $391. Wharves, $90.

- Docks (0), "#17/1.25..

Providents, $3,25 Realties, $3.45/3.50. (Trams, 317/17.10. Peak Trams (N), `$4.50. Lights (0), C.D. $7.25. Electrica (0), 538.75. Electrics (N), $38.20, Sandakan Lights $11.

Telephones (0), $24.75.

Telephones (N), $20.10.

Cements, $17.75 'Watsons, $10.20.

Wm. Powells, $1.00.

HONGKONG

SHAREBROKERS”

ASSOCIATION

Volume of Business Transacted in Thursday, Dec. 5, 1840, SALES

H.K. Banks

A.B. Watsons

Balkan

$1 Million Raised States Germany controlled larger Sterling area shall be effected at For Warm Garments today. On land. Germany's only tween Sterling and the Turkish CHUNGKING, Dec. 5 (Central outlet be to push through the pound and that special seppants will be created in order to faci- -The Warm Garments Campaign

"It is true that British shipping litate commercial and other per- In Shanghai has collected ap- proximately $1.000.000 (Chinese losses today are extremely serious,ments between the two countries. currency), exceeding the expectent but Britain can purchase ships: The present strangement is amount by $500,000.

from the United States and Bri complimentary to the. Trade and The Headquarters of the Warm talin's construction capacity must Payments Agreement signed in

London on Feb. 3. Garments Campaign in Chung-be considerable. king has telegraphed thanks to

"We cannot say that it is im-

the Chinese community in Shang-ponsible for Germany to break the chances must be very hai for its enthusiastic support

through the British blockade but the paper concludes,

1

PRE-PAID ADVERTISEMENTS,

The following classes of advertisements we charged at the price given below:- EITUATIONS 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 81.50 for THREE INSERTIONS.

TO LET

TO LET Furnished Room, North {Point near' bus, tram stops. Tele:

phone 7810,

WANTED TO BUY

627

WE PAY HIGH PRICES for all 2014 and silver articles, gold bars, diamonds and Jewels, Apply Chins Gold Benning Co. Pedder Buliding, 2nd Boor, Room 1.

5: $1,300.00 WE OFFER HIGH PRICKS for 500 10.00 | many, trangout of gold particion China Lights XD. 500 4.75 diamonds, silver, etc. No holidays. 17.75 Apply: China Building, Mita floor. 5.25 Tel. 30727. Euragia Gold Retning 5.25 Co.

The Premier, Mr. Mair, was asked | Cements By Mr. Matthews (Lab., Non-Com China. Leichhardt) Whether it was not a

Providents

1,000 250 300

fact that petrol rationing was HK. Dócks (0) causing great hardship, and that

100

17.35

400

certain lorries would be able to Daily Farzis work only one week-in: four, and{\"

300

18.59

30 ota.

whether he would make the neces-EK. Electrica (0) sary representations for a more H.K. Mectricà (W)] #174/17 - Uberal scheme,

50

38,75

100

$0.80

98"/

198

$181

$6.85 $1.00

Dairy Farms....

#18

$18

Mr. Mair replied that he had asked the Federal Government to see that unemployment was not HK Tramways caused by petrol rationing and he would make representations about any specific matter brought to his

KK. Telephones

(N)

1,000 *500%)

~400...

2000

273.

17.10

Entertainmanis

$8.00

Constructions · (old)..

$1.85 notice.

#1

Constractions (now)...

19

Lane Crawfords

$9

$10.20

$10.15

Princerca

Watsonk

$10

$29

Nanyang Tobacco.....83)

347 Ch. G.5% 1925GSBds.

Wing On

Wing Up $7.80 Vibro Filing

7/8 Maraman înv. (Lon

3/8 Karamane înv. (FLE

Wa, Powells........

+Sale to Shangkal

on using the same amount of petrol as it did before the war, Ba

$1.30 because a tremendous quantity is required for military purposes, end" because of the exchange position.""

"The State Government a nothing to do with the matter," he added, "but it realises that the

HK. Wharves Union Ins

90.00

$3.20

Federal Government must take day).

sumption of petrol, It would be

$14

impossible for this country to go

If Charges collected, $2,00.

BOTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

TEA DANCES"

Tuesdays

Thursdays"

Saturdays Sundays

to-1.30 pm.

TAILOR LAM SHIU SHAK

-294, Nathan" Bond,39% Kowloon, Tel. 5771%)| Guaranteed delivery 1 mult in 24 hours police and 8 hours for a pair of trousers,

ENGRAVERS®.

FEI FEI & CO. Photo Engravery

12 Bochrane „Strest, Telephone No. 22224

WANTED KNOWN.

ORDERS TAKE for hand-made 38.25 sweaters, Ladies Jumpers, Babies 38.00 ontnts, etc. at $5.99 each

workmanship.

10.10 Wool and model desired, to be 17.00 supplied by customer: tr

17.10 Bend particulars of address, etc.. 17.10 to Box 502, HKDP

·TOLA "WE" have an outstand #18: 301.00 ing assortment of latest American dresses for all occasions and price ~~:6;196-

to suit all purses. Call" at "Vanity Sale on the 4th inst. (Wednes- Shop" (Lazarus) Pedder Strect,

35%, some action to restrict the con- The total value is $104,28475.

Experienced Book-keeper Wants Students to form a class. Guaran-

producing two De ter students to keep a whole set of

Help your Friend and his Hobby by giving

POSTAGE STAMPS

for

his collection and

SEEDS FOR HIS GARDEN

We can supply the goods of his and your want

GRACA & CO.

Dealers in Postage Stamps, Garden Seeds, etc, etc. 10, Wyndham Street planes & books after completion of a course Established 1896

Overseas of 5 months. For Term and Par alterata from | ticulars: Plesse. Apply to:=Baz

Ne 462 elo HKDP.

KAGAKES NUDG..

Jimmy's

BUTTERICK

New Style Ready Made Dresses, Overcoats and Costumes

FOR SALE

A Hongkong

16. Wyndham Street:

22813).