PAGE 8-HONGKONG DAILY PRESS
Air Express Between U.S.
And Europe
NEW SERVICE BY PAN AMERICAN
Sept 15 Heater NEW YORK
Par American Airways has a nerd the maguration on Sep
Trans Atlanti
21 Art Expres
1
TEST
Servier between Untung States and Europe
ENEMY CONVOY IN CENTRAL 'MEDITERRANEAN
DISPERSED BY R.A.F. & F.A.A.
! CAIRO. Sept. 15 #Reuter
A highly successtu) attack of the Peet Air Arm and Royal Air Force
annemy convoy in the
Cen
Teal Mediterranean was mentioned !, Sulurday's RAP. communique
It stated that during the night aircraft September 12 13 when
e pie Pleet Air Arm located me? - destroyer escort vharden and a approetsing Tripoli ur
medium
hit
merchanioNAD ཏན་ 1 :
Pab American Airways say that
17 Europe wi skipene nt, le
nevonpa Bard 111 1 B11 SA
Dr
by
Cony
brought to set tre
Kint
in
ן,
dog thai hindano glANDS
WE
14 stafids?th
FINANCE & GENERAL
KWÄNGTUNG THREE-YEAR PLAN FOR WARTIME RECONSTRUCTION
SHIUKWAN, Sept. 15 (Central)—Self-sufficiency in food pro- duction is the aim of Kwangtungs 3-Year Plan for Wartime Reconstruction which has just been drawn up by the Hwangtung Provincial Government after a detailed sinds of the economie conditions in the province by experts in various fields.
Remarkable Exploits Of
British Sub.
Efforts in economic developineni
of the province, as outlined in the! plan, will centre on agricultura)
¡ development. In other phases
| reconstruction
ambodies the ultimate producing more food is t Buressed Thus, farm needs will be giveD
consideration primary Supl 15 Reuter) -- competent agricultural personnel With 16 feet of her bows missing. will be trained woh the interests
LONDON
other
TUESDAY, SEPTEMBER 16 1941
Finance
and
Commerce
H.K. Stock Exchange
Monday, Sept 15
KUYERS
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE.
SHAREBROKERS ASSOCIATION
MONDAY
Huser
Belleza
5.
Vidata It
Baparr
Genre
Sult
Rach
15 SEPT.
Banks
$1450 K. Banks
1470
Do. (C). Reg.)
EN4
£77
Do. (Lon. Rog
£77
Chartered Banka ......
E23 Mercantile Bks. "A"
Mercantile Bks. “O”. Bank of East Asia
£23
$76
which the
plan adm
VALTOR 154 $240 Union Tas. $435.
Docks, $19 40.
Providents. $7.30
A
Hotels. $4.15
$70
Realties, $4.10.
Chinese Estates, $1,
N C. & S. Baaks.
Insurances
Trams $18 20
$240
B230
Canton Insurancos
8236
Lights O $7
8430
$433
hion fusuraBers
8440
Liga N, $2.30
$1
Underwriters
Telephones (N), $9. Watsons. $13
81.
8187
K
Fires.......
BIKTA
Shipping
SELLERS
$12
fonglasen
$104
201
Steamboate
$90
Indo-Chinna Pref
871)
Undo Chinas ¡Def:
55/3
!
Shella
26 bb
Waterboats
Braldes the expenses for in- 300 cing the plan, a spectul sum will aside fur Live particular Sea But be Art
purpose of Increasing food pro- duction
12 let split her amidships and welfare of the farmers will be damage after well looked after. wasting a mae, the submarine H M S Triumphs pen Some Another vessel of the state sizinley aeross Bw North
clouds of she was repaired and has since tor- was also stopped ang
the the warships and ive sup- Diy vessels
stir en sørkly schedges trom New he smoke were observed asulab,
ן ריר ..י
BUT THE NECK
REDUCED
altional quinta
and passagers demands qiner for Cargovs WP R& the traffic she has been re
Iran it
The full story of ́t exploits A third ship was possibly hit 1der during the same night, the was disclosed last night by the Ad
after arty nearly 20 month Tork was continued by heavy R
1939. were they began on Boxing Day. Two ships AF bombers in Bre and three others were completes a briet announcement
the in April, 1949, that Lieut-Comman ships None of the
der John Wentworth MeCay-then convoy escaped damage
rates
have
}:、、༔।
a $3 per probe whih a
minimum:
been Eve
CRETE RAIDS
in Crete
Lequins
Bones securities
had mander awarded the DS.C for
Sur
at
been
"outstand
ing Initiative, aki ang resource when a mine struck his ship."
None of the crew was injured by
and an able! the m explosion
Off
seaman sleeping only about 30 feet
went mine from where the did not awake
inding ground. In acrdance with Government, Heraklion and Maieme were raidea bombers during braty RAF mattometta re the Air express
Al ater ella. packages thigh of September 12 13. and arrepl
or Heraktion many bombs tei; on thei
Fires and explosions were Bargets
Similar effective results observed
t bombing were seen at Maleme
In Cirenaica. aircraft of the
Of the ten torpedoes ready for Soul Atrian Air Force landing grounds at Gumbai and bring one was missing only the the after part of another was left and Gaza during Friday.
crushed Was the tube of a third Fleet Bard! In, but none exploded.
FLEET AIR ARM OPERATIONS
atlacked
During night of September 12-13
bombers raided and Gambut landing grounds
SUCCESSFUL ATTACK 11 Arm ON ENEMY SHIPPING|Bardia
LONDON Sept 15 Rel
An Adnurally communique giving
attack 113 !!CW8
an
shipping off the Norwegian
by naval aircraft states
"Further successful
At
MINE-INFESTED WATERS
Unable to dive, the Triumph les
fres broke out among right inside mine infested enemy Pumps Gambut waters, making water fast
full ne had to be kept running at
capacity with ratings plugging the leaks
NIGHT ATTACKS
"It seemed as if she was pushing
stated up half the North Sea"
Meanwhile attention is being, paid to the question of food con Lrul Under the Kwangtung Food Control Bureau, food control com mitees have been organised in all collection 'I'u facilitate Counties of land tax which will be paid in kind for the first time in Kwang- tung, a new Land Tax Administra- tion was established on August 1 Payment in
made kind is to he between September and November this year.
MONEY AND EXCHANGE
CLOSING QUOTATIONS
SEPT WBBER 15, 194
In London:-
Telegraphic Transfer 1/2 7/m Bank Bills, on demand 1/2 7/8 Credits 4 months' "ignt
ún Shanghai:---
Docks. $20 10 Hotels, $4.50 Trams $18 50 Lights O $7.29 Cements. $1750 Dairy Farms, $20 3G
Ducks, $20! 19.40 Providents, $7.50 20 Hotels. $4.25 Lands $38.50
SOLTES
Docks. Wharves. Godowns, etc HK. & K. Whán Providents......
H.K. Docks (Old) HK Docks (New +Shanghai Dooks.
Mining
Kailners
Raubs
2 cta. Hong Kong Minas
Lands, Hotels and
Buildings
H.K. & 8. Hotel
$120
8104
$40
$70
50/3
BH
8074
-
$19,20 76
$7 80/
x.n $7.20
Realties. $4.15.
Trams. $18.50 18.25
8074
694
820)
€7.66 $7.80 821
820/201
$32)
14/0
#7
Lights 10 $7.10 05
Electrics Rus.. $14 132 13.85
Sandakan Lights, $13 10
Cements, $173/17 25.
24t
$4.30/45...
$38
831
Rapes, $10.50. Dairy Farms. $20.30. Watsons. $13 13.25.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted on Monday, Sept. 15, 1911
234+
14/0
$4.35(4.50).
9976
H.K. Lands..... Do 4% Debentures
... $38
#21
Shanghai Lands
F4.15
84
H.K. Realties
84.20
$4.20
$8
AN
flumphreys ......
$200
$99
Chinese Estates.
Cotton Mills
$471
Ewo (B.)
$47
2306
S'hai ColtonE (5.1.
$300
Zoong Sioga (8.)
Wing On Textiles (8.)|
$126
dumps
and
vmy
rust/
AL
scored on a direct hit was
Others were damaged aircraft.
A large fire was started on landing ground where petrol fathers were set ablaze
On demand
Public Utilities
460
stores
On Singapore:-
On demand
the
In Japan:
On demand
ኦ 3/4
12 1/4
Curi
On India:-
action
tra!
troops
at
the
Norwegian coast and military ob jectives in the vicinity
"An enemy supply ship of about. 2,000 tons was sunk and
other
In Sielly the aerodromes of Ger
In bad weather she had Lo te- ina and Catania were again tacked during the night of Septem- duce speed to two and a half knots time aircraft of the for a whole day and at one ber 12-13 when
she was in danger of being attack- Fleet Air Arm machine-gunned dis
however aircraft and orodrome ed by a Dornier which. persed
an escort piane drove off buildings at both objectives
aircraft In Abyssinia R A. P
Gondar bombed positions south u“ during Saturday.
member of the crew, as she started five on her long journey home at to six knols
|
Telegraphic and demand
Transier.
H2 6/6
SALES China Lights O China Lights (N
China Lights Rts Cements China Providents
2164
$184
K. Tramways.
$184/85...
$7
600 $ 7.10 1,100
Bat
Peak Trams fold). Peak Trams (new).
£31
2.50
$54
1,261 2.45
$24
$24
160
1.30
871
750 17.25
$2.30
500
7,50
Jn New York:--
$24
500 7.40
2,000
7.30
BIR
H.K. Docks
100
19.25
Macau Plectrica
41
Ju Batavia-
133
19.30
$13.10
$187
On demanO
46 3:4
Op Parts:-
Bank Bils, en demd Nom. Credits 4 months' sight NOOL
H.K Electrics Rts,
1.049 19.50
100
3264
ORAL
B01
80
Telephones (new).................]
14,10
Industrials
100 14.00
$45
Caid, Macg. (Ord.) 8.
150
13.60
$35
Jn Saigon
Cald., Macg (Prof.)8
450
13.75
On demand
108
#1
Canton I.ces.
1,000 13.60
Jo Manila:-
£174
#174/66
Cemente....
8371
5:00 13.85
ships damaged
"An aluminum
On demand
.... 49 7/8
$10
$104
H.K. Ropes
75 ots.
$100/1.05
works was
hit
On Bangkok---
HK. Train ways ¡H.K. Hotels
500 18.40
H.K. Gort, Loans
#101
1,000 4.20
On demana
148
Bank Buying Rate
Num.
23 1/9
H.K. Realtys Ropes
2,600 4.26
1,500 4.15
100
10.80
$20
#
፡፡
$99 34%
(1994)
$19
03€
been taken by the Royal Navy against enemy's supplies and sea communications with his
On the North Russian front
Friday Carrier At dawn on
altacked
bartre
alreraji shipping in the Body area of
מיולוי
Bank Billa, on demand 24 16/16 Credits, 80 days sight 25 U/>
Shit Star Ferries......
$7.40/7.00 $21 $942 /
814/14 25
I'mati Ferrios.
China Lights (.....
kin Lights (New).. H.K. Electrios.R(0)
87.46 87 75 $7,60 80 $2.05 $2.36/1.05
H. K. Klectrics(New)... #231 HK Electric (Rts) 914
Macau Electrier
Sandakan Lights........
I slephones (cid)................
824/,244
#14 $13.40/14.25
$20/126...
and set on fire and an electric power station was also bombed
From all these operations none
our aircraft is missing.
OSLO BURGOMASTER HONOURED
15 (Reuter--- LONDON, Sept. The Burgomaster of Oslo, Herr WASHINGTON, Sept. 16 Reuter Paul Hartmann has accepted the
The Army Department reports invitation
of King Haakon and On Sterling Notes:--
"From these attacks. al our that ten plants are now producing the Norwegian Government to be. aircraft returned safely."
MASS LAUNCHING OF MERCHANTMEN WASHINGTON, Sep. 15 (Reuter)
freighters Thirteen
will slide into the Atlantic and Pacific Gulf zaters on Sept. 2 in the largest
ms launching of merchantmen
slace the first World War.
machine-gums compared with the come a member of the Norwegian Bar Buver per os.
agu. mantha
The Cabinet in Londor tw plants 14
pat has risen by 40-80 per cent. since August, 1940.
The honour will be conferred at
the next Cabinet meeting.
372 Rural Co-operative Banks
In Free China
before the
war.
of the farming
Market Report
FROM ROZA BROS.
Monday, Sept. 15.
were prices Silver
unchanged over the week-end, the quotations remaining at 23.1/2 for Ready and American 23.7/16 for Forward. Silver not quoted
cross- London-New York
New rate was quoted at 402-1/2. York-London was quoted at 403
The At the end of June, 1941, Free China had 372 rural co-operative The Maritime Commission has banks as against only seven in the whole country designated the occasion as "Liberty These banks, which serve to protect the interest Fleet Day" and has asked Presi-population by providing loans and storage places at low interest as dent Roosevelt to make it a "fitting we as marketing facilities, have helped considerably to bolster rural and colourful ceremony" by dell economy in China's hinterland, vering a nationwide address.
BRITISH EXPERTS
IN ANKARA
ANKARA, Sept.
меге
21.
15,940
The total value is $138 408.15.
ECONOMIC PRESSURE ON JAPAN URGED
CHUNGKING, Sept. 16 (Central) Editorialising on economic pres- sure on Japan, the Takungpuo said that the economic blockade almost com- against Japan was pleted when Japanese assets were frozen by the British and United ol States Governments and an MARKET
embargo against Japan was de clared. However, the paper said, STERLING
It is regretful that before the fully There were sellers at 1:3 up to effect of such blockade is October, buyers at 1,31/32 for felt by Japan, the Washington
negotiations opened.
1/4.
Quiet
At the national co-operative major portion of the shares, the conference held in Chungking last local government and people wil] April, it was decided to extend the subscribe the remainder.
every
the Cash network of such banks to helen of the nation in a three- ability of the farmers to subscribe
Later, in proportion to
the more, the banks will withdraw.
Selling
U. S. DOLLARS
to rate
The paper expressed the opinion Merchants that if the blockade is kept up bound to for one year Japan is
hoped submit. Therefore, it is that British and American leaders will not lose sight of Japan's eto- nomic vulnerability and will con- Minue to tighten the economie noose around Japan's neck.
SHANGHAI DOLLARS Official rates, sellers of Sterling at 3.5/32 and US. Dollars at 5.5/10. AFTERNOON MARKET
15 (Reuter)- | year programme starting Two British experts have arrived second half of 1941. The develop until the entire capital becomes 25.1₤16.
in the property of the farmers them- of the invitation the ment of co-operative bank Turkish Defence Ministry to give rural communities goes hand in selves.
In addition to granting loans advice on the basis of practical hand with the general scheme of experience of warfare during the promoting cooperative enterprises these banks open remittance and
Quiet. in China. It forms one of the un- savings departments in the vil peat two years. »
They are the Chief of Construcderlying principles in the applica lages. They have also begun to Lake up mortgages and operate tion, Mr. W.J.A. Davies, O.B.E.tion of the new hsten system.
Morgant,
STERLING+ There were seilers at 1/3 up to and Engineer Rear-Admiral Q. The plan for establishing rural granaries. One important function October, buyers
at 1/3.1/32 for cooperative banks in every hslen of the banks, is the promotion of Cash, Both were well-known rugby is at ambitious one, as eacli is to the thrift-aavings campaign in the football players, the latter having have a capital of $100,000, The rural been captain of England.
government banks will take up the News).
JAPANESE USE PARATROOPS IN CHINA FOR THE FIRST TIME
CHUNGKING, Sept. 15 (Router)—Japanese have used para- chule troops in Chian for the first time.
This was revealed yesterday by the IISIN HUA JIH PAŬ, organ of the Chinese Communist Party, giving details of thr Japanese offensive against the 18th Group Army (Chinese Com- Juunisist west of Pelping.
Some 100,000 Japanese are stated to be attacking the Con- munist troops holding the mountains on the borders of Shansi and Hopel provinces,
Parachute troops made surprise raids on, the bases in the Chinese rear but, says the newspaper, they were, all mopped un The offensiva launched on Aug. 8 had been expected for the kut four months.
www
Bince July. It is stated, the Japanese have been concentrat», ing troops along the four key railways-Polping-Bultuan, Pol- ping-Hankow. "Chengting-Talyuan and the Tumpa,
are
Tour Japanese columns which face stiff resistance, ,nuking a concentric drive from the north, north-east, south
Opt and the gouin,
communities.
U. S. DOLLARS
Selling rate to Merchants 25-
(Centro)
| 1/16.
Message Of Tribute
To Generalissimo
BHANGHAI DOLLARS
$12.10 $13.50
!!!
#101 4% 106D
208 31%
-
(1940). MiscellaneoIFS
$19.00 Dairy Farma
$81
Entertainmenila
$1.80 Constructions fold)...
(80 cta. Constructions (now)... Nanyang Tobacco......
76 45 Lane Crawfords.......
$13/136
Ch. G.5% 1925G31ds.
S'hai Wing Un
$2
Sinceres
... Watsons
843
$89
H.K. Wing On
6/3
$14
Wm. Powella.....
47.20-Vibro Piling....
9/1
Marsmans Inv. (Loa.
Mersions Inv. (1).K.
$7 $1.86
$0.45
$3.60
$2,30
$13)
$13.50
43
$42
$14
$64
N.A. Chemicals (HK) $880
+Bale to Shanghai
EXCHANGE VALUE (FINNISH ECONOMIC
be
DELEGATION
OF CHINESE $
LONDON. Sept. 16 (Reuter)
·CHUNGKING, Sept. 16 (Central)
An Economic Delegation from Fin- -The belief that the exchange land will leave for Germany with- value of the Chinese Dollar in in the next few days, according terms of Sterling can raised to an official news agency message to 3.5 pence per dollar is expressed from Helsinki,
The Finnish Minister of by Chungking banking circles as
of dustry and Commerce, M. Tanner. a result of the cancellation quotations for Shanghal exchange will bead the Delegation and will black market, according to a report confer with the Relch Minister
of Economies. Dr. Funk. In the Takungpao.
In-
INDO-CHINA
504.1/2 could have been obtamed STEAM NAVIGATION COMPANY LTD.
In the outside market.
SHANGHAI MARKET
The Chinese General Chamber, Official rates, sellers of Sterling end US Dollars at of Commerce here will send a mes-at 3.5/32 sage of tribute to Generalissimo 5.5/16. Chiang Kai-shek through Mr. Liu Wet-chih, Minister of Affairs, who is returning to Chung. king shortly after more than two months' visit in Hongkong.
The message, it is learned, will be signed by Mr. Tung Chung-wai and Mr. Kwok Chan, respectively Chairman and Vice-Chairman. on behalf of the Chamber,
Overseas Shanghai Exchange
Meanwhile, a party of leading Chinese merchants to visit interior China will leave. Hongkong in the near future. Comprising from
Shanghat, Sept. 15 (Reuter). mcial T.T. Rater
London New York Japan... India Parla
Opening
0/9-5/32
...... 5-6/1
unquoted
'm........ 17-1/2 .......................... unquoted Hongkong 21
Silver Duty Rate
The Dentral Bank of China'k
seven to 11 members, the party rate on London at 10 am, taday
will make a survey of natural re- was 1/2-1/26.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG.
All steamers berth alongsitio the Roosevelt Termins) in tho Fronok Concession at Shanghai, where passengers and ourgo are landed,
For further particulars.
please apply tomm
JARDINE MATHESON&Co.,LTD.
sources and Inspect rherinatritėtion The Equalisation rate win 24 TELEPHONE ZOJIL GENERAL MANAGERS
projects in the interior.
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