1941-09-15 — Page 9

£

KPK War Loan. 31.

after 19521

Red

Hotels, $4.30.

106-5 16

Lands, $35.50.

Canton K'loon Rly

5%

1015 13

Chinese 4% Gold Loan

1898 (Brit Issue:

48

Trams, $18.50.

¡Chinese 5% Gold Bonds

1925/47

45

Lights (Old), $7.50.

Chin. 4% Anglo-French

Lights (New), $2,30.

LSI

...

the

Lean. 1008 chinese 5

46

Electrics (Old) X Rts. $24.25

Crisp Loan

that under the Moneylenders' Ordinance. Agures in the prvantssory

the

nute

Chin

و نشره

the amount

reduced WALLsY

should be in numerals The third and the fourth defendants

allege that a copy of the pronis-considerable ar cars Misty note was not delivered to them by the plaintiff

AMOUNT REDUCED

Under crus-examination by Mr.

John Laycock. who is appearing

for the chettiar, the Tendant, MY Lim stated that Powell &

Credit Foncler

secon de-

but by arrangement wi:da them

le Homes "raco! cases in whleb Unteded.

gled immediate Jinan data,e are bung spređed |

possible Het m also some badly bit are there are

1912 Chinese 5 Reorg Loa

1913 (Lda 18.) Chinese & Ster

1925 (Vickers › Chin Imperial Rly 6%

Loan Honan Fly, 5% 1905 Hukuang Ry 5%

29

Electrics (New), $24.

Telephones Old), $25.

Telephones New, $9.25

38

Noter

Ropes. $10.35

10

Cements, $17,65

Dairy Porns, $20

Watsons, $13.25.

PAGE 10 HONGKONG DAILY PRESS

Interesting Civil Suit Part Heard

A civil sult of some importance to moneylenders and their ellents, under the Moneylenders' Ordinance, is being heard lo the high court by Mr. Justice Worley in Singapore.

The plaintif is K-VAL. RMBM.

who is suing Powell & Co. Ltd., and

Ramanathan

Chettiar

three of its directors Messrs Lim Chin Teck. Tan Tee Kia and im Pong Chiang, nu

a promissory note for the recusery of a sum of $6.000 which they are alleged to have horrowed in August. 1940.

printin alleges at the T:

the delendama borrowed

molly agreeing to repay the amount by

FINANCE & GENERAL

FOREIGN MARKETS &

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London. Sept. 12. The following quotations are the middle prices at the close of the

All quotations i was adjourned market in London.

are subject to confirmation and mo The Second defendant is repre- responsibility is assumed for errors

Further hearing until this afternoon.

A by Mr

20 instalments of $300 but that isnted

hey v

men

The

K third by Mr M failed to make repay

fourth

debebants

iti

WH

Their

the

de

Menon

by Mr

Aditan, the in transmission. Namaze 10

Jonce, adm signing the promis sory note but they allege that th principal borrower

Powell &

Co Llá and that che werond lord and tourth defendants sign ed the role as sureties and that!

the plaing was aware of 11

tore he lent the money

The

fourth

second. third #1

: 1127) Doll) lát further point out that the promissory note dia S art contain the exact particulars

They maintain

Fortunes Held Up

for the lust mitunes

-qali men are piling up 1. Meveral offer all over MUTATY Joy repreNUL! KHH-

pounds M

War

Defence Loan, 3%

H.K. Stock Exchange

Saturday Sept 12. BUYERS

HK Banks, $1,480 Canton Ins.. $235 Union Ins.. $435

HK Steamboat $10.50

Wharves. $97.50

Ducks, $20.35.

Hamphreys, $8 Realties, $4.

Chinese Estates. $100

Yaumut, Ferries, $24

MONEY AND EXCHANGE

CLOSING QUOTATIONS

SEIT MBER 13, 1941.

London:-

Telegraphic

Transfer. 2 7/8

Bank Billa, on demand 17% 78 Credits 4 months' sight

Ja Shanghai:—

On demar

Singapore:--

On demand

n Japan-

On demand

In India:--

MONDAY, SEPTEMBER 15, 1941.

QUOTATIONS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

ا سهرا

Heyne Arlber

Vidya

Malen

Halo Rapid.

SHAREBROKERS. ASSOCIATION

SATURDAY

13 SEPT

Bayer HolIMER

B

ង

Banks

$1470

$1480

H.K. Banks

$1400

1

284

Do. (Col. Rog.)

877

Do. (Lon. Reg.)

LN4 £77

£91

Chartered Banks....

870

£231 Mercantila Bks. “A” Mercantile Bka, "C" Bank of Earl A. N. D. & 8. Baske Insurances

876

16 ct.

Canton Insuraticos

$236

Union YB DĽOM

843A

Underwriters

7b cte.

H.K. Fires.

81261

480

62 3/4

$236

$430

100 1/4

$186

Transfer.

2 5/8

and demand

:

101

$90

870

06/3

Shalta

felegraphic

Shipping

$120❘ Douglabes

Steamboats

Indo-Chines (Prof.).. Indo-Chinas (Def)

aterbosta

$120

New York:--

Bank Billa, on demand 24 16/10

in Batavia-

10

Bo

Cred)us, 80 days Elght if bfa

870

09/3

804

On demand

*... 46 3/4

> Paris:-

Docks, Wharves.

Godowns, el

Bank Bills, un demand Not. Credits months sight Nom.

8978

:: Saigon:-

87.60 || $7.85 | 87.35/70... #19

8109/18

H.K. & K. When Providents

806

871

H.K. Docks d

$19

87 47/60

$30

-

On demand

106

H.K. Docke (New)

834

Manila-

+Shangbai Docke

8744

60

Marsmans (H.K, 16%

On demand

.... 49 7/8

Mtning

14

3911

ar

ment

highla cuart Teck, are 13!

Reason for them up a deal ing with claims .ri Vijest

Assessors

:

[LP. N/Y Issue)

5 Hukuang Rly

Ducks, 521.

SELLERS

- Bangkok:---

14/0

Kailnos

12/

On demano .....

148

Rauls

I.D.

87.20

15

2 cia. Hong Kong Mines

---

1911

11

mouth

carce Ass85-

gelicate. subset parti

claimed for prios, of debri.

¡German Issue) Lung Tsing

13

Providents, $7.95.

Hotels, $4.45.

Ju Sterling Notes:-

Bank Buying Rate

Now

Lands, Hotels and

Buildings

19

D

Hai

Rly. 6% 1913 Sha-N'king Rly 5% Tiemsin-Pukow Riy

(Brit Stpd.)

པ་ང་

13

Lights (Old), $7.75

Watsons, $13.60.

Ja Silver per o

33 1/2

$4.20

$4.10/43.

H.K. & 8. Hotels

94.20

$39

$38

Я.K, Lande..

8872

$4.20/30

$37/30,00

1976

SALES

Market Report

Do. 4% Debentures

#071

$22

H.R. Banks, $1,450

$4

13

or are us OWAJ

HK Fire Ins.. $187.50

FROM KOZA BROS.

#2:

Shanghai Landa

64

H.K. Realtion

...

Humphreys

of $25.1X10 BUJO

ALIZED RECORDS

Much Mine is

Tientsin Pukow Rly 5%

(German Stpd.)

$100

*96

Docks. $20/20.50

13

::

$17,500,

He agreed to

pay this amount

three

Leatrectly

Tratoverit at

wasted because Tientsin-Pukow Rly 5%.

(Brit. Stpd. Supi, Loan) Hier luro's Matry

desiring Tientsin-Pukow Aly 8% people assistance have failed

(Ger. Stpd Bubi Loan

Providents $7,80

Hotels, $4.30:45

13

Trams, $18.50.

Lights (Old), $7.40/60

13

and

told

to Credit Foncter by

stalments.

The Drst instalmen of which have not been $5,000 was to be paid in Septem- As matters of Henry and pay

der, 1940,

The plainuff was taken to hisnite the wat office by a broker

Lights, (New), $2.50.

- this clear on the forms. Jap. 6. Ster. Ioan. 1924

dealt with Ger. 7% Intl, Loan, 1924 71

2841

Electrics Old) X. Rts, $24.25/50 reported Electrics New), $24.

Chartered Bank

91

Electric RtB., $14,14 35.

Saturday, Sept. 13 Silver prices were unchanged yesterday, the quotations remain- mg at 29.1/2 for Ready and 23 - 7:16 for Forward. Siver advices

the

market B35 being ¡quiet. American Silver was quot-

ed at 34.3;4 for Spot.

Chinese Estate

Cotton Mills

$47

Ewo (8.)

$47

$305

B'hai Cottons [8]......

8906

Zoong Sing (8.)..

Wing On Textiles (8.;))

Publle Utilities

$128

#182

$182/ 30...

$7

H.K. Tramways........... Peak Tratna (oid).... Peak Trams (new)...

$18 36

$18.30.40...

+

$7 #3

کار

Jut urgent cases

H.K

nim that the company

wanted Fatty

Bite every j b12

arabulafr

&

$6,000. The plaintiff, after satts-

Bhat Banking Corp (Lan, Reg., sabah in HK

S'hal Are One

Corp. (Col. Reg.)

29

Cements, $17.50/85.

77

Watsons. $13/13,50

Banking

The London-New York cross- rate was quoted at 482-1,2. New York-London was quoted at 403

$636

1512

Star Ferries......

864

$24

I'mati Ferries

$24/24...

#71

$8.90

84

외

$2/2

1/4

fying himself that the company

ad un london alone provided chinese Eng & Mining

ANSUISUTA Wich What would (bearer)

had power to borrow, paid thermaly be a year's work $5,000 on a promissory note and And sonu of the urces

he and the other two defendants bombed and ali past records signed it as guarantors

destroyed

824

822

MARKET

B23

824

8213 H.

15/6

HONGKONG

812/13

Chosen Corporation

5/6

The second fendants next

third de-

and he

gave evidence In organisation their case They claims Is

the

Aole

support of dented the plaintiff handing them te operation with the insurance Gula Kalumpong Rubber each a copy of promissory compaules, who

Trade

To smooth om

For dealing with ghai Waterworks “A”

in Union Insurance La be argv atrailsed

have Mercantile Bank of In 1. £5, "*" Pekly Syndicate the hold up the ghal Bee. Constr

1311

1/-

Co

1379

15

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Saturday, Sept. 13, 1941.

Qulet

STERLING

$13,10

China Lights (0).................) $7.15)

Chinn Lights (New)..

H.K. ElectricaX.R.(U)

Electrica Now)... $23)

HK. Eloctrin (Rus), #13}

Haci Electrics

Bish Mace

Macgo Electrics

812) Sandakan Lights......

$236

824

$23

$122/13

$7.00/1.26 $2.267:30

There were sellers at 1,3 up to October, buyers at 1,3.1/32 ¡Cash

820

824

Telephoner (cid); 8951

for

+

80

Telephones (new).......

$91

Industrials

22

SALES

U S. VODLARS

945

Cold, acg. (d) 8

$36

Cald, Maeg. (Prof) |

15

China Lights (0)

600 $7.80

Selling

Tate to Merchants

Cantor Ice...

assist the Board Lon. Mid, & Scot.. Riy

Great Western Rly.

16

500 7.50 25.1/16.

817

8174

$lhK

Cementa

$162

42

China Lights N.

1,000

2,55

National Bank of India

32

SHANGHAI DOLLARS

$10

10/

H.K. Ropes

810

*:*:*

75 oto.

81014

H.E. Gort, Losar

300

2.50

B.-A. Tob. (bearer)

93/9

308

2.55

run

first-class passenger accommod÷tion.

Experience has shown that this particular train was not popular

UNITS

war-

fare school

vice on the Gemas-Singapore run as soon as the change takes place considered very likely Interested spectators

the but it is were 0.0.C. in Burma and other officers that these smart, compact vehicles. will soon be a fumlitar sight in of the Burma Command.

F.M.S.R. Weeding Out

Unessential Services

(TRIBUNE STAFF REPORTER ›

f it drive to economise as much as possible on the use of rolling stock needed for the present heavy express traffic, the F.M.S. Railways is cutting out every service found, by experi ence not to be essential.

The latest train service to be affected is the 6.15 train from without Gemas to Singapore which, from Monday. wil

BUSH WARFARE

Shel! Trans

(bearer

} with first-class passengers but ment from Cuba, « & f. New York H.K. Telephones (0.) 200

duty free:-

nevertheless, carried ат apprecj- ;able amount of second and third clasa traffic. By cutting out first- Burma's bush "Desperadoes," warfare units, have just completed class accommodation. the author- a unique demonstration of taking tles will also be able to put on to the waters of an inland lake this run the fast but extremely somewhere in Burma in full dress economical motor-coaches, of the and heavy equipment, says Reuter. type which has proved very suc

cessful in local services up-coun- the swim- They accomplished

try. ming feat which is no small com-

It is not known whether these pliment for "land lubbers" and proved the value of their hard motor-coaches will be put on ser- Spartan training in a bush

Dunlop Rubher

30/3

China Providents

750

7.80 510

A small business Was

the

morning early in

done

al

and

8101 4% Load

$101

-

829

3+%

(1894)

$99

Bristol Aeroplane

10/9

500

Imperial Chemical Ind

32/6

600

783

United Steel

23/9

H.K Docks

243

19.00

Woolworths

67/6

100

19.25

Marsman Investments

8/3

500

Western Holdings

20/9

225

Sub-Nigel

143/9

625

20.50

7.80 towards the close there were sel-

lers at 502, buyers at 504.

Official rales, sellers of Sterling;

19.50 at 3.5/32 and U.S. Dollars at 20.00 5.5 16.

898 101%

(1840).

Miscellaneous

$19.90

BUANGHAI MARKET

$19479)..

B

811

• bid

Trad. &

i ex div

200 20.75

56/3

HK. Electrics (0.)

0:02

24.00

500

200 24.50

24.25 Shanghai Exchange

SUGAR PRICES MK Electrics Rts.

200 13.40

900

14.25

Shanghai, Sept. 13 (Reuter).

Omelal T.T. Rates

New York, Sept. 12 Reuter) NEW YORK SUGAR

H.K Hotels

500

4.35

500

4,40

700

4.45

London

Baw

Centrifugal, ship- Bogar

1,200

4.50

New York

28.03

Japan

200

26.25

India

Spot

3.53b

H.K Telephones (N.)

37

Paris

9.50

Raw Sugar Futures

H.K. Tramways,

1,100

18.50

Hongkong

(Contract No. 3)

500

18.85

Sept

2.70b/758

200

18 75

Jan.

2.75b/80a

Ropes

600

Mar

2.76b/788

500

May July

2,80b/82a

200

10.65

2.82b/85a

Realtys

500

4.20

the

per cent

Sales for the day-11 ints.

Raw Sugar Futures (Contract No. 1)

Unions A8. Watson

10

445.00

500

13 25

2,500

13.50

The

Dec.

Mar May July

2,144b/150

17,743

India Rupee Paper

Bombay, Sept. 13' (Reuter).

2.Job/10ła

.The total value is $227,801.40.

Govt. 3 per cent. Rupee, 06-0-0

Silver Duty Rate

The Central

Bank of China's:

10.60 rate on Londbri et 10 am todav 10.50 was 1/2-1/24.

The Equalisation rate was 24-1/2-

EXCHANGE CONTROL HONAN IRRIGATION

COMMITTEE

CHUNGKING, Sept. 14 (Reuter)

on the building of "the -Work

canal in Lu -The Foreign Exchange Control Chungho irrigation Committee; which will be the shan, northern Honan, is in the highest exchange control body in last stage of completion.

"

Chinese Government, will Drawing water from the Sha shortly begin to function, it was River, the canal, when completed, will be able to irrigate some 9,009 rellably learned here yesterday.

Committee was recently mow of land in 18 villages west of created under the chairmanship. Lushan and to increase agricul- of Dr H H. Kung the Finance tural production by $2,000,000, an- Minister

nually (Central News).

$104

87

$1.65

#6 45 Lane Crawfords........

$0.46

820

Nanyang Tobacco...... Sinceres

$3.60

$2,30

$12,00

$13/18.05

$43

813

C. G.5% 1925G$Bd».

839

K. Wing On

$49 $14

B'hai Wing QB

47.39 Vibra Piling

8/3

Maramans 1ne, (Lon,)

1/6

Maremans Inc. (H.K.)

www

816

Opening

0/3-5/32 5-5/16

Wm. Powells.........

816

IN A. Chemicals (HK) 35 80

+Sale to Shanghai

unqucted 17-1/2

unquoted 21

Dairy Farne.

Entertainments

Constructions (old),

80 ct. Constructions (now)...

CANAL

2.10b/10ła 2.104b/11a

The bush warfare school 18 turn-Singapore where, so far, they have ing out tough units who, in any been seldom seen. eventuality, wild spread no little bcwidlerment and confusion be- hind the enemy lines, for example, 18 Independent companies Abyssinia or in the recent Spitz-

rgen raid.

in

PORT DEVELOPMENT

REPORT

The

the of tase

motor cuacbes will release the bigger carriages and engines and re- lieve considerably the strain caused at present by the ab. normal increase in traffic on the F.M.S.R.

Volume of business done:-405

lots B-bto

N-nominal A-asked WINNIPEG WHEAT

Oct. Dec. May

per bushel 732/731 75/75 704/792

CHICAGO WHEAT

Bept. Dec.

May

on

has

Othor services affected have been on the East Coast libe. The orie between Kral and Manek The report by the late Bir David Ural, a two-way passenger train Owen. containing proposals on service, which used to run the future control and development Wednesdays and Sundays, of the Port of Hongkong, has been been cancelled. Traffic here has been increased however, by the the Recretary forwarded to Btate for the Colonies, it is learn-addition of a good train which will run between Gemas and Kua- la Lipls and between Kuala Lipis and Krai.

ed,

of

Clovernment is awaiting instruc- tions from the Colonial mice bo- fore taking any further step in Further up the line, between adopting the recommendations but Palekbang and Kota Bharu, the forward by the Inte Bit David rallway authorities have decided to retain the launch service to Owen.

The report, which was complet cope with the effected inercrac e in February, contains récom-in passenger who wish to cross mondations including this torna- the river, not necessarily to catch tlph of a Harbour Trust,

We trains.

per bushel 1180/118A ....1231/123

1288/1264' 1237 Lowest) ...... 1218 Friday's sales:-20,910,000 bushels

NEW YORK COTTON

Highest (Deo,)

Opening Closing

Oct.

17.07/97 17.89/B0

Dec.

July

Mar,

May

18.10/18 18.008/10 unquoted 18,13 N 18.30/38 18.29/20 18.61/52 18.40/40

July

18.58758 18.44/44

Spot

18,09

18.10

10,00

4.08-1/2

Silver, Official Rato

..... Highost (Dec.)

•Lowest (3 T/T on London

unquoted

LONDON METALS

Tin. Price,

EXCHANGE

London, Sept. 12 (Router).

Standard, Cash, Middle buyers £256-1/4; sellers,

| £285-1/2,

Tin, Standard, 3 Months; Middie Price, buyers €269-1/2. seller<<

200-3/4.

Market quiet with only mo- dornte consumer demand for "nears" but sellers were reserved.. After hours: 40 tone "cash" at

€250-3/4.

SILVER.' MARKET

BOMBAY SILVER Bombay, Sept. 19 (leuter). Market-Steady. Offlake 100 bars. Indian Mint Bilver

Ready

02415-6

Oct. 14 Bettioment... 63: 60-0· Nov. 15 Bottlement..... B2-004

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

| Opointing-Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, THINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA SANDAKAN

BAIPHONG

All stramera berth alongsins the Roosevelt. Terminal in the Frenol Concassion of Shanghai, where passengers: and cargo are landed.

For further particulara

please apply te

JARDINE MATHESON&Co.LT TELEPHONE KOJIL GENERAL MANAGERS