1941-03-15 — Page 9

HONGKONG DAILY PRESS

WEEKLY RETURNS AND REPORTS

BANK OF ENGLAND

LONDON, Mar. 13 (Reuter),

Public Deposits

Other Deposits:-

Bankers

Other Accounts "Total

Mar. 6

Mar. 13

(000's Opaltted) 器

A

13,440

11,740

125,380

170,120

53.730

3.990

179,110

104.110

Government Securities

157,840

148,290

Other Securities:—

Discounts and Advances

3,990

Securities

20,830

6,000 20,270

Total

30,830

26,370

Notes and Coins

$4,270

23.080

Total Bullion

1,550

1.500

Notes in circulation

807,280

608.420

Ratio of Reserve to Liabilities

@ 12.71%

Price of "Gold at which holdings are valued

108/...

13.007 163/-

FEDERAL RESERVE. SYSTEM

FINANCE

Finance and Commerce

WOOD HAS

MANY USES CLEVELAND,

Apart from their importance us

HONG KONG STOCK

EXCHANGE

Business this week has been somewhat better than its imme- diate predecessor." Once again the announcement of the result of a good year's working coupled with Increase in distribution to

BMI

U.S. RESTRICTION ON ALUMINIUM

Ohio, Mar. 14 (Reuteri-The American house a source of raw material for the wife will have to do without alumi umber and pulp and paper in-lum pots and pans.in future in dustries. Canada's forests yield order to help win the war for de widening range of products deriv.mocracy. ed" in whole or in part from 'wood The aluminium utens industry shareholders has found the market in which this material is not ap-has been virtually told by the Na-unresponsive, The Hongkong Dock parent Accerring" to the Forest tional Defence Priorities Board Company is paying an increase of Products Laboratories of the De- that they will not be able to get 10% in its dividend and the shares

aluminium in future. partment of Mines und Resources,

promptly fell away from $17) to This ban on the largest group of such articles

the manufacture $16.55 business done. (or aluminium pots and pans is derived from wood pulp. The

the first total restriction modern package of cigarettes is a

the defence programme started. striking example.

In getting cigarettes from the

is Dairy Farms have declared since final dividend of $1 and have cut the bonus of 25 cents paid the pre- vious year. All things considered the figures announced by the

factory to the consumer no less HUNGARIAN FUNDS Directors "subject to audit must

than seven different grades of wood pulp are used in the making of cartons, adhesive paper, pack-

NEW YORK. Mar, 13 Renter).

Mar. 7 (1941)·

Mar.. 6 (000's Omitted.

$

Mar. 13

Bills Bought

US Securities held

Federal Reserve Ratlo

2,477,000 87.61%

Federal Reserve Credit Outstanding. 2,515,000 Monetary Gold Stocks

22,184,000

91.10% 2,237,000

2.184.000 91.11

18,228,000

Industrial Advances

10,404,000

22,337,000 7,715,000

2,244,000 22,318,00). 7,8$1,000

excise papers.

RAUB AUSTRALIAN| SALARIES TAX IN

GOLD MINING

CO., LTD.

Report for four weeks ended Mar. 1 PERIOD 369

DEVELOPMENT

NORTH BORNEO

"

..stamps.

and

"FROZEN"

WASHINGTON, Mar. 14 (Reu-

be considered satisfactory.

There has been an off-take to

Unloas trom

ages, transparent wrap3, tistes, ter) - President Roosevelt has outports of Hongkong Banks at

cigarette "frozen" all Hungarian funds in 51.335/$1,340 and

the United States, according $422/$425.

to an announcement made by Mr. Henry Morgentha Secretary of ly steady. the Treasury.

BAYON STOCKINGS

auto-

LONDON GOLD

London, Mar. 13 (Reuter). Bar Gold, Fine per oz, 188/-

to

Rayon is a well-known deriva- tive of wood pulp, but at one stage

Mr. Morgenthau added that the in their creation rayon stockings, tles of drapes might equally well President and the Treasury had have become movie "alm artiri-acted at the request of the State- The following are excepts from cipi leather, cordite, or the glossy Department but he declined

discuss the reasons for the action. the minutes of an Emergency Meethish on an automobile. ing of the North Borneo Cham- Wood is an important, though ber of Commerce held in the San-rarely noticed, element in dakan Club, Bandakan, on Thurs-mobile batteries, and is alsu wit for the day. Feb, 20, at 10.30 a..

ingredient of many floor coverings, į War (contribution to Imperial explosives, and plastic products Exchequer>

Ordinance, such as electric switch Taxation

buttons. 196 Feet of development. The 1941. (File No. 161. A letter from radio cabinets, and all sorts of contributor to man's diet through the production of sugar and pos- workings have been dewatered" to the Honourable, "the Govertiment novelties, 34 feet below No. 5 level plat. De-Secretary, dated Feb. 15, 1941, was It also provides a number of sibly other substances. Already velopment has been recommenced discussed stating that it was not medicinal products and is likely to wood is a valuable on Nos, 3 and 4 levels as well as considered any good purpose would become an increasingly important vanilla flavouring. continuing on Nos. 1 and 2 levels be served by postponing the Legis- and has been satisfactory on thelative Council Meeting fixed for average.

Development footages Period amounted to 796 feet.

..

Ranb Hole Section

Anderson Section

55 Feet of development to effect a connexion to workings in the Bukit Hitam Section has been completed.

ii

Bukit Koman Section 247 feet of development. most, satisfactory development was

on Nos. 5 and 6 levels.

Derrick Section'

source

Feb. 22: 1941 as suggested by the HONGKONG SHARE QUOTATIONS

Chamber.

The following Motion was put STOCK EXCHANGE, before the meeting and was lost by

The quests submitted in the Secretary's #13374

fletter of Feb. 14, 1941. The Com.

202 Feet of development. Mullock transfer pass between Nos. 1 and

2 levels is almost completed.

Malacca Section

96 Feet of development. Mainly

on No. 2 level which has proved very satisfactory.

MINING

韭

A total of 6,789 tons was mined

and treated during the period.

The increase of tornage was offset

Closing tone quiet and moderate-

BUSINESS DONE DURING

THE WEEK

HK. Banks, $1341, 31340: Union Ins. $422, $425, Providents, $54.

Hotels, $3.20.

Lands, $319. Humphreys, $6.70. Yaumati Ferries, $23. Lights (0), $8.20. Lights Rts, 70" cts. Electrics (O), $41.. Macao Electrics (0), $17.40. Telephones (Q), $242.

Cements, $16.00, $17.

of

Ropes. $8.10.

Watsons, $10.70.

HK. Govt. 31% Loan (1934), $94).

Docks (0), $164, $16.60.

BUYERS

SATURDAY, MARCH 15, 1941-PAGE -

Providents $5.78.

Say BLACK & WHITE" and be sure!

NO IF OR MAY BE IT'S THE SCOTCH.

Land -4% Debentures, $97.50, Humphreys, $8.70. Lights (0), $8.20. Lights Rts, 70 cts: Electrics (0), $41. Electrics (N). $40.90, Telephones (0), $24. Watsons, $10.70.

.....

SELLERS

H.K. Banks, $1350. Hotels, $3.25. Trams,..318.75.

Telephones (0), $24.50.

*

SALLES

EK. Banks, $1340.

· Docks (0), $16.55.

Electrica (0), $41/41.25. Ropes, $8.10.

HONGKONG

SHAREBROKERS

'ASSOCIATION

Volume of Business Transacted" on Friday, March 14, 1941 SALES

H.K. Docks (0) H.K. Electrics (0) A.S. Watsons

100 $18.55.

500 41.25

1,200

1,800

10,70

The total value is $35.120.00.

A. tentative estimate places the national income of Canada for 1940 at $4,800,000,000 as compared with $4.409,000 000 in 1939, a gain of per cent.

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.

Union Ins.. $423.

SHAREBROKERS' ASSOCIATION

Dooks (0), $18.40.

3 votes to 5-"The General Com- Imittee of the Chamber regrets that Government cannot meet the re-

Bicy

Beliare

Balen

FRIDAY Nominal

14 MARCH

Bayer

Ballers

#minu

Banks

H.K. Banks

$1340

£78

Du Col. Reg.)

£78

£76

Do, (Loo. Reg.)

£70

Chartered Bank

£at

f11

I.D.

9234 Mercantila Bka. "8" Marcantile Hku. "C". Bank of East Asia......... N. C. & S. Banks...

Insurances

£12

670

16 ct

13

$218

Canton InsurROCES......

Union Insuranceu......

$215 $492-

$1

80 cts.

$170

1

$125

380

$60 42/8

mittee still maintains that the pro- posed Salaries Tax is discrimina- tory taxation and departs in some degree from one of the principles $70 of the Motion passed in the Legis- lative Council Meeting on Jan. 25. should be 1941, and as such opposed."

CANADIAN WHEAT

PRODUCTION CUT

OTTAWA, Mar 14 (Reuter) ---

by a slight decrease in grade. Limitation of the amount of the

Raub Hole 2,659 tons; Anderson 1941 wheat crop to

be

accepted

.623 tons: Bukit Koman 1.517 tons; by the Canadian Wheat Board Derrick 1.814 tons; and Malacca to 32,000,000 bushels as announced 376 tons.

.

W

ORE TREATMENT PLANT

Battery

"Ore crushed, 6,789 tons.

Residue to retreatment, 6,274 tons..

Residue to storage, 515 tons.

Retreatment Plant Tailings treated, current tallings, 6,274 tons.

Tailings treated. Bt, Koman Dump Tailings, 3,569 tons.

Tailings treated, Raub Dump Tailings. 189 tons.

Tallings treated, Concentrates. - tons. Total: 10,032 tons.

Cord

Table

by Mr. James Gardiner, Minister for Agriculture, will need reduc- tion by approximately 35 per cent. of the wheat acreage..

Farmers who use the remain- ing acreage in certain specified ways, wir be compensated.

BRITISH CREDITS TO CHINA

LONDON, Mar. 14 (Reuter)

Hole At question time in the House

of Commons yesterday, Mr. Har court Johnstone, Secretary for Overseas Trade, said that hitherto no part of the British credits to China had been used for purchase abroad,

GOLD SHIPMENT

Bullion Czs.;

Retreatment: 922.82 Bullion

$425

85)

$163

#

1976

$0.70

1

13

#

፧፧

$31.

Battery:

728.74

683.49 Fine Au Ozs.

Ozs.;

The Labour member, Mr. M. P. Price, interposed: "Is everything

776.05 Fine Au Ozs."

Total: 1,851.56 Bullion 1.459.54 Fine Au Ozs.

Cza.;

being done that can be done to assist the Chinese Republic in the present struggle?"

-BLGZ

J

852

Underwriters

$170 FT. Fires.

.. Shipping

$130 Douglases

Steamboats....

Indo-Chinas (Prof.)...

Indo-Chinas (Def

Shells

Waterboats

Docks, Wharves,

Godowna, etc.

39

£80

$60

42/6

37

ני

#

}

$95

H.K. & R. Wharves.

$95

Providents.....

$16.80

R.K. Docks (Old)......

$18.60 $16.60)

$18

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

$10

827

+Shanghai Dock.......

$27

Mining

17/0

17/0

38

!

£3.20

---

H.K. & 8. Hotels.......

8311

$98

Humphreys

*3.20 $311. $974

#3.15

$6,60

W

$421 $200

NOTICE

148.

21

HOTELS

FÖR JADED APPETITES!

Tiffin $1.20

TEA DANCE

DAILY

GENERAL bodies of the miners An the drowned in October last when, Raub HoleSection was flooded, have

recovered and been identified.

now

Mining and treatment operations

were curtailed for two days due to

Mr. Johnstone: "Yes."

$6.20

LONDON STOCK EXCHANGE

841-

$40.00

LONDON, March 14 (Reuter- The Stock Exchange was very quiet yesterday. A small amount of

an accident to the pipe line at routine selling caused occasional Sempam. The drop in output 15 dullness but the undertone remains dug partly to this and partly to a temporary fall in ore grade.

steady

Gilt-edged

Ji

securities were

Several members of the staff are irife easier but home talls im- proved on provincial enquiry. Industrials were narrowly irregular

at present undergoing a Period of the F.MS.V.E. Embodiment in

mine efficiency."

which naturally affects general while as were easier and Katirs Passive and local defence prac-were steady and unaffected by the tices started at the Mine on, Feb. Budget. Brazilian issues were sup- 17, 1941 and have been continued ported.

regularly and successfully. Apart from surface arrangements, 2-fur-

ther 547 feet of underground shel-

ters have been completed, and work is in progress" on an under-

Wall Street was dull.

BROKERS

LOANS

New York, Mar. 13 (Reuter).

ground bomb and fireproof strong- Loans.on securities to brokers in room for mine records and "dress- New York Ing station.

Canada's best customer in 1947 was the United Kingdom, which purchased "Canadian”, commodities valued at $508,055,000 as compared with #328 099,000 tn 1930

Wk-ended Wk.-ended Wk ended 7/3/40 7/3/41 13/3/41 $482,000,000 $348,000,000 $354,000,000

Cigarettes manufactured. itu Canada during 1939- totalled 17,183,433,000 valued at $37,277,062.

317

$10.70

WAR BE

A

A

Kailans

Raube .....

1 eta. Hong Kong Mines.....

Lands Hotels and Buildings

H.K. Landa.........

Do. 4% Debentures...

$12.40 Shanghai Lands........

$3.20 .E. Realties..

Chinese Estaloa........ Cotton Mills

841 Ewo (6.)..... $200 B'hai Cottona (-)...

Zoong Sings (8.).... Wing On Textiles (S. Public Utilities H.K. Tramway........ Peak Trams (old)... Peak Trama inevitty

8641 Star Ferric

Y'mati Ferries.....

Applications will be received by the Radiologist, Queen Mary Hos- pital, not later than 25th March, 1941, for one post of Probationer Radiographic Assistant and one Masseuse. Probationer post. of Salary:-$480 to $680 by $60 an- nually, Candidates must be be

tween 20-25 years of age and have passed the Class 2 School Leaving examination or its equivalent.

WANTED TO BUY

WE PAY HIGH PRICES for all gold and silver articles, gold bars, "diamonds and jewels, Apply China Gold Refining “Co. Pedder Building, 2nd floor, Room 6.

WE OFFER HIGH PRICES for any amount of gold. articles. 8135 diamonds, sliver, Jewels, etc. No holidays. Apply · China Buliding,

$164 7th floor.

Tel. 30727. Eurasia Gold

$7.40 Refining Co.

8234 WE PAY HIGH PRICES for all

833

面

$24

JAL

China Lights 10)....

86.15

81.07 Chins Lights (New)..

·$1.65

ET. K. Flectrica (0)..... $41

H. K. Electtiest New)..

$47.15

Meno Electrics (Old:

$19

$9

$17.40

816 Maran Electrics (New)

Sandakan. Lighta......

$24) Telephones (old)...... Telephones (new)....... S'pore Traction (Ord. Industrial

€8:10

830

TC

$24

$8.80

Cald., Macg. (Ord.) B.

326

Cald., Macg. (Pref.)

$1

Cantor Ice...

75 ota

Cements ....

$17

HK. Ropes .....

$8.10

87 in

95

H.K. Gövt. Loans

Ser 4% Loan

·$941 3+%

$94 84%

918

$7

(1934)

(1940).

Miscellaneous

Entertainmenta

Dairy Farion...........................

$1.20 Constructions (old)

$1

Constructions (now)..

$71 Lane Crawfords.......

Nanyang Toisoes.....

$2.18 Sincerek

Watsons

42 Ch. G.5% 1825G5Bds

$39.

I.K. Wing On... B'hai Wing Upd $7.70 Vibra Piling

6)6") Marsmans Inv. (Lon. 26 Mareman Iny. (H.K.' $1,90 Wm. Powells.......

China Lights Rights) Bale to Shanghai

* 1:

gold and silver articles.

Jade

diamonds, jewels, watches, toun-

tain pens. Apply Far East Dia-

and

·Co. mond

Gold Refining Room 621, China Building, 8th floor,

WANTED KNOWN

Why not learn all the Fancy latest Stitches for your dresses and Sweaters.

JOIN THE KNITTING. 'CLASS AT $3.00 per month (T vice a week lesson). Please apply to Box No. 654 c/o HK.D.P.

ORDERS. TAKEN for hand-made sweaters, Ladies' jumpers, Babies" outfits, etc., at $5.00 each for $1.66 workmanship.

***

$18

$7.10

*#71

$3,80

#9.15

101

Wool and model desired, to be supplied by customer.

Bend particulars of address, etc... to Box 502, HED.P.

Experienced Book-keeper Wants Students to form a class-Guaran- tee students to keep a whole set of books after completion of a course" $1.90 of 18 months. For Terra and. Par- |tiquaria Elesse Apply "to:-Bor

No: 122 Vaio:ILK.D:P

REAL RUSSIAN FOOD

Dinner $1.50

METROPOLE HOTEL

PACKING CONTRACTOR

Any Kind of Articles will be Packed Carefully and Perfectly at Reasonable Charges Order will be Secured Promptly TOMINFAI

TELEPHONE 33237, 25827, YING LEE. CO,

REST CAMPHORWOOD TRUNKS NO, 8, QUEEN'S ROAD EAST, WANCHAL

ENGRAVERS

FEI FEI & CO. Photo Engravers

18. Cochrane Street Telephone No. 22224,

AUCTIONERES

GREATEST COLLLUTION OF BARGAINS IN TOWN!

LAMMERT'S AUCHEN ROOM Lammert, Bruliers

R 24 Control, Telephone No 20224

What do

you want?

H there is anything (you want to buy or well, try A small Classified advertise. ment in the Hong- kong Daily Press

25 words $1.50 prepaid for 3 insertions.

간

EXCEPT MONDAYS # to 7.30 P.M.

Jimmy's

BUTTERICK

Expert Ladies Tallor

New Style Ready Made Dresses, ";

Overcoats and Costumes

FOR SALE.

16. Wyndham Street. Tel. 23615

TAILOR

LAM SHIU SHEK

334, Nathan Rond, Kowloon, Tel. 57712. Guaranteed delivery 1 suit in 24 hours notice and 6 hours for a pair of trousers,

Help Your Friend and.

his Hobby by giving...

POSTAGE STAMPS

fer

his COLLECTIONS

und SEEDS

for...

his GARDEN -

We can supply the gooda of his and your want

GRACA & CO. Dealogs in postage stamps and garden, seeds ato. No. 10 Wyndham Street. Established 1896 HONG KONG