1941-09-20 — Page 10

Sept

Jan

Was

Mar

May

July

Sales for the day

Det

Mur May

July

cost

B bid A asked

WINNIPEG WHEAT

Ocl

Dec May

PAGE 10-HONGKONG DAILY PRESS

BRITAIN LENDS FOR VICTORY

Towns Save Enough In Week

To Pay For Battle-Cruiser

BY AP. LUSCOMBE WHYTE

tremedous part in the London Voluntary effort has played a British war effort. Not only in the Forces and in Home Defence, but also on the "Financial Front,"

The average citizen has cheerfully faced rising taxes and prices. and on top of these he has dug deeply into his own pocket to give or lead to his utmost towards the enormous cost of waging war.

Shortly after the war began a great tagnched and

Savings Campaign

Joba Citizen was urged to spend his spare manej not on goods which demanded labour or shipping tonnage, but oŋ vestment in the various Savings certificates and bonds

The result was amazing To date,prising Instead thirty OL turly well Ver £700,000,000 LT1 small pounds a head invested in savings savings has been lent to the cou-Savings which not only help the try

》,! averaging

millions percorantry's war effort now but will week

ald te transition to peace condi- Parily responsible for this huge to wit, war is won and over Lotal was a brilliant idea on the! The organisation bebind the an-namet ullielai | Savings campaign has been largely Playing not only on the average run by volunteer Labour. which anan's patriotism, but also on 215 helps to explain how Like Drst natural sense of rivalry, he devisent | 5,600,000,000 was raised at "War Weapons Weeks The idea to the Governsteni 111 Swept the country

per £1 von raised The rountry is

Dart

ม

Finance

SUGAR PRICES

New York, Sept. 18 (Reuter).

NEW YORK SUGAR

Kaw Sugar Dentrifugal. ship-

FINANCE & GENERAL

and Commerce

MONEY AND EXCHANGE

meni from Cuba, e & f. New York. LOSING QUOTATIONS

¡duty free:-

Spot

The first War Weapons Week divided into twelve regiona, with a was held in the Yorkshire city of Isalaried commissioner, assisted by Leeds and ever since Yorks pald experts and organisers andį towns have topped the blil" in a an army unpaid workers. !

1:( remarkable series of records

etarg each In all about 250 | Last June the citizetus of reds Op Volunteer workers decided that they would like to helping to gather in the money providy the country with 100 Nearly all the labout behind bombing planes at a cost of abrutioral War Weapons Werks is given £2,000,000 They could not afford 'freely

volunteer These

unrec

Raw Sugar Futures (Contract No 3)

Raw Sugar Futures

(Contract No.

SEPTEMBER 19, 1941. 'n London:

Telegraphic Transfer. 1/2 7/8 Bank Billa, on demand 1/2 7/8 Credits 4 months' sight

In India:-

Telegraphite and demand New York: --

به پروان

Bank Bills, on demand Now.

1221, 1221

1261 126

1221 121

Bangkok:~~~

On demand

On Sterling Notes:-

Sept

Der

May Highest (Dec.)

west..

Wednesday's

sales 9,061,000

bushels

the

werkers! to give the money, but by ending have thought up endless ideas and at low rates of interest they "stands" to publicise thrie weeks uld help equally

10

ed

A seven day campaign was stag

Posters, processions, speeches

loud-speakers urged citizens

و یک را

jand SQUEEZE savings "until

pipe squeak "

CARNIVAL ENTHUSIASDI

roll up to the banks, post offices Some towns have taken

invest in almost carnivalesque centres und

H.K. Stock Exchange

Friday, Sept. 18.

Following the uplift of prices during the preceeding two weeks the market this week has been one of some profit taking. Scrip is more readily available, thus allow- Ing buyers to fill requirements on downward scale Consequently prices have not been maintained. though there is nothing alarming In their set back.

R

THE WEEK

H.K. Baliks, $1490

HK. Steamboats, $11.

NEW YORK COTTON

Opening Closing 17.63 83 1751/53 17.85/85 17.73/74

17.90/90 17,78 N 18.01 17.99 17 90/91 18.14 13 18.05 A5

Market Report

FROM ROZA BROS,

Friday, Sept. 19. Sliver prices were unchanged yesterday. the quotations remain- ing at 23.12 for Ready and 23.7/16 for Forward. American Silver was quoted at 34.3/4 for Spot.

York ⭑ross The London-New

Neu rate was quoted at 402.1/2 York-London was quoted at 403

Dairy Frms, $20.30, $19). $19.35 Watsons. $13. $134, $131, $13.05.

SIS, $134, $13.40. $13.45, $134. Lane Crawfords, $8.10 $6.20 Sandakan Lights $13 10.

Ori

30

Dec

and other

"ALI

bonds

appearance! and cerunrates. And during their weeks- with touses

Jan

the end of the Orst War Wea-beflagged. bands playing. proces | ne Week perspuing aceruntants] bitis marching and tanks fumb

Jing through the streets ad wited up tebal of, tot €2.000,

Mar

May

July

18 21/21

Special

Spot

18.11/11

wiree.

parties.

whist-

13/4

Highest Dec.

enough for an extra 75 bombersi

F

Leeds.!

AL

Keighley

Lowest (į TT on London Shiver. Official Rate Lindon Stiver. Spot

17.90 17.08 4.03.1 4 34-3/4

MARKET

Quiel

STERLING

SATURDAY, SEPTEMBER 20, 1941.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Yang Last

Buyers

Antiore

Anla

Balan Baptá

SHARKBROKKES- ASSOCIATION

FRIDAY fluytr

18 SEPT.

Banks

$14801.K. Banks........

Lon. Reg.)

Baller Salon Womlas

$1476

$1490

E85

Do. (Co). Rag.)

£85

£78

De.

£76

X.D.

BOA

Charter ad Banks

BV

£83

Mercantile Bk. "A".

£231

£11

Mercantile Bks. "C".

870

Bank of East Asia

$75+

$26

N. C. & S. Banks,

16 ct.

Insurances

$440

$4424

21

$230 | Canloo Insurance.

Union INTENÇÃO.......

UnderwriterA

BMD

$440

170 ct..

$187

H.K. Fires

$1874

2,70b. 75a

Shipping

2.78b/80a

1a Bhangbali

$120

Dougleren

8120

2.78b 808

On demand

480

$10.00

2,806 838

in Singapore:—

2.83b. 23u

On demand

02 3/4

54 JOLO

Ju Japan:-

On demand

108 1/4

A notable feature has been heavy trading in Hotels, the market ab- sorbing offerings in really large parcels.

;:;

$11

Steamboata

$10

$90

Indo-China

(Prof.).

890

870

Indo-Chinas (Det,)

870

56/10

Sholla

56/7+

$8 55

Waterboats

$61

Docks, Wharves. Godowns, etc.

Transfer

2.15b 5, 2.11b/la

-82 bh

RUSINESS DONE DURING

#974 874 $19

*97

$7.65 $71/65

$192/70

H.K. & K Wharves Providenta

$874

$7.50

211b:lija

2.11 b/120

Bank Bus, on demand 24 18/16 Credits, 60 days algh

Bank of East Asia, $76

Volume at bustness due. -305

Jots

u Batavia:-

Union Ins.. $440, $442!.

On demand

40 3/4

HK Fire Ins., $1874.

10/6

H.K. Docks (Old)

HK Docks (New)

897 +bangbai Docks

Kailana

Mining

$19.76) $19.76)

8371

196

974

Raobr

$7

ID.

www

N-compl

Paris:

Docks, $20, $20, $20. $19,40, $193,

2 eta.

Hong Kong Mines

"

Credits 4 months' sight Now.

per bushel 721723 742b 78ja

1) Saigon:

$20, $19 $19 70, $19.85 Providents, $7.80. $71. $7.45.

On demand

106

Ja Manila:

$7.30, $7.45, $71, 87.55. $7). Hotels, $4, $4.30. $4.35, $445, $41.

841

$4.27 $4.20/20..

8381

$97

Do. 4

Lands, Hotels and

Buildings

B.K. & S. Hotel

A.K. Lands......................................

Debentures

$4.25 827+

8074

On demand

29 7/8

$4.20 $4.30, $41.

122

Shanghus Lands.

Lands. $38 $384. $384. $3a.

$4.15 1. Realties

$4.15

$4,35

CHICAGO WHEAT

$8

148

Realties, $4.15.

Kumphreys

per bushel 119/119

Trans, $181, $183, $18.30.

$100

$98

Chinese Estates

Bank Buying Rate ar Bilver per ol

Now

Lights (0) $7.40, $71, $7,09, $7 10.

23 1/2

$7,05, 57.20, $71, $7.30.

Lights N, $24. $2.55

...

Elenteles (0). $24 $24). $241.

$23.80.

Electrics (N), $24. $231. Electrics Rts., $14, $14.10. $144.

$14.36 $14. $134. $13 85. $13 Cements, $174. $17.85. $171, $171.

$17.15, $17.

$18

$18.401

27

83)

BY4

871

$74

Ropes. $10, $10.80.

Cotton Mils

#50) wo (8.)........

$305'hai Cottone (B.)

Zoong Singe (8.).

Wing On Textiles (8

Public Utilities 818.30 HK Tramways.......

Feat Trame (ok)

Peak Trama (new). #bit Star Ferries..............

Y'mati Fervich.

Chin Lights (0.

$50

$305

#126

$19.40

$7

::

$31

$64

$84

$7,30

$2,65

China Lights (New).

$2.65

#24

$24

H.K. Electrics X.R.(0)

8241

8931 H.K. Electrica New)....

323

$131

818

HK Electric (Ris

$131

$18.30

818

Macao Electrica

Macuo Electrion

515

ali

Realtles, $4.20.

Trams, $18.25.

Indian Mint Sver

Electrics Ats.. $13.75.

Nov. 15 Settlement

63.00-3 63-00-8 63-01-0

al

1/3.1 32 for

SALES

Gash.

. S. DOLLARS

Docks. $19.65, Providents. $7,50. Hotels, $4 25.

STERLING

0, but more than $3,500,000--or Savings

dances. drives, competitions and treasure

Not to be outdone Bradford, the hunts have been held

York,nire rival great

Yorkshire. they rushed to organise their own week "went to War Weapons week like Leeds, with an average of over £y Republicans and Democrats into a Beat by

man, woman and Presidential election, with bands. hild had said rather complacent banners, flags and loud speakers

"Beat that tha cans!" And, and their 19-store Mayer parad rather to Leeds' chagrin. Bradford did beat it

ly

every

lug the wwn squeezed intra Bren

gun carrier Light hearted, despite i LOCAL PRIDE THE SECRET the bombs, and generous porban Playing up local rivalry bets, because at the bombs campaign leaders whipped up anį A. Nazi bombing has increased average of Ver All from each'in savagery, so have savings in de Bradfordur. including nearly gre One South Coast town £5,000 in the prunies and sixpen. Ing at £100,000 crmed ikely

reet: a smaller total. But d ces nt schoolchildren.

Next! week the Nazis bombed it morning queues were waiting ourt-1 16 side the Savings Offices, and the

week showed a total of £181.000 a The Luftwaffe had virtually pro definite onject -£100,00% to buy vided the extra £81.000. bombers or fighters, £500,000 for

This readly started the ball rol- Ing. Liverpard took up the hat kenge and contributed over per head

Muel

Spi lowns

themselves

a destroyer or up by millions tu

battlecruiser purchase a

And in nine-tenths of these cases the tota,, aimed at has been greatly exceed. ed. Sometimes dubled, trebled or: multiplied by Ave or six.

As the campaign progressed, the early figures per head were lett far behind Edinburgh "bunged it, saxpences to the tune of £25 for every inhabitant With Yorkshire still

fighting gamely. Hailfax

per head.

23-1 20

SILVER MARKET

LONDON SILVEK

London, Sept. 18 Reuter). Silver--Market quiet. Business of!

to the trade 15,000 fine ounces was satisfied by production selling. 1

Spot, 23-12a. Forward. 23-7/160

COMBAY SILVER

Bombay, Sept. 18 Reuter).

Ontake 100 bars Market-Steady

Ready Oct. 14 Settlement

BOOM IN USED CARS

TRIBUNE STAFF REPORTER)

Restrictions t the sale of new cars bas boosted Singapore's used car market to such an extent that dealers, in their efforis to augment stocks. are sending out agents, or making regular trips to the F.M.S. to buy the types of cars they speciallse in.

Petrol rationing has not killed the popularity of big ears in Singapore, but in the F.M.S., a dealer remarked, the small and medium powered cars fetch the best prices. i atsed £20.10.0

Buying trends In Singapore small Yorks Lown of Silsdez promptly capped this record with a change with the seasons apparent- figure of nearly £30. only to lose 17. Dealers state that in the drier

£13

The

yet another Yorkshire towr when land reached £33 15.0.

The story hesitates here with the succeeding record of £42 a head

cars are

eugerly

months, sports sought and quickly sold, but with

breach and

the even

are turning out complicated most spares with the greatest of

Base.

Cerlain

There were sellers at 1:3 up . October. buyers Ai 1.3.1/32 for ¡Casb

U. S. DOLLARS

Selling rate to Merchants 25.1/10

SHANGHAI DOLLARS

SHANGHAI MARKET

Official rates, selera of Sterling

al 3.5 32 and US Dollars at 5.5/16 AFTERNOON MARKET

Quiet

There were seliers at 1/3 up October, buyers

Selling rate to Merchants 25. 1/16.

SHANGHAI DOLLARS

515,

SHANGHAI MARKET Official rates, sellers of Sterling

and at 3.5/32

Doilers at US 5.5; 16.

Shanghai Exchange

Shanghat, Sept. 19 Reuter).

5-9/32

Lane Crawfords. $6 20. Wh. Powell, $1.80.

Entertainments, $6.75

SELLERS

Providents, $7 58

Hotels, $4.273

Realtles, $4.15.

Lights 10. $7.30-30. Electrics (0), $23.80.

Cements, $17.

Dairy Farms, $19,35. Watsons. $13.45/55. Lane Crawfords, $6.20.

LONDON METÁLS

EXCHANGE

London, Sept. 18 Renter).

Standard, Cash,

buyers: £256-1/4

V.A. Chemicals (HK) $0.80

+8=le to Shanghai

BANK OF ENGLAND

LONDON, Sept. 18 (Reuter)

Public Deposits

Other Deposits:--

Bankers

Sept. 11

Sept. 18

(000's Omitted)

£ 9,270

10.800

133,780

127,630

Middle

Other Accounts Total

53,010

51,620

186,790

179,150

Government Securities

125,350

120,220

Other Securities:

Discounts and Advances Securities

5,310

5,140

21,070

20,600

Total

28,380

25,740

Notes and Coins

62,350

82,030

Total Bullion

1,750

1,770

Notes in circulation

669,400

669,740

Ratio of Reserve to Liabilities.... Price of Gold at which holdings

are valued

31.79%

32.66%

1887-

188,/.

Tin, Standard, 3 Months, Middle Price, £259-1/4 buyera; £259-1/2

Tin.

Official T.T. Bates

Opening

Price, sellers.

€256

London

0/8-5/32

New York

Japan..

India

Paris Hongkong

ungnoted sellers.

17-1/2

unquoted

21

unscrupulous dealers the arrival of regular showers, are, however, reaping a rich her- buyers usually pick on the saloons. vest, charging prices for the local Skill in reconditioning and re-product as high as or even higher which remains with the little mi town of Heckmondwike, Yorks. (It novating used cars has made bis than the factory-made part.

strides. Bhortage of spares and Garese proprietors are counter-

Silver Duty Rate relative high price

The Central hasing this profiteering, however. by

Bank of China's dealing direct with the turners ente on Lordon at 10 am today snd mechanics benefitting car was 1/2-1/24.

The Ennalisation owners considerably.

their

aimed at £100,000 and got £364,- 000! The tiny Welsh agricultural village of Llanbedr, with only 310 brought this about. inhabitants, has lent no less that £100 a head towards Britain's war effort, but this cannot count as a record as I was unly part of the County of Merioneth's effort in their Sayings Week as a while.

Smashed mudguards, which used to be given to the junk man while brand new ones were fixed, are today being turned over to the mud-guard "beater" who performs mira- cles when belped by an expert painter..

There are more motor car pain- per cen1 ters in Singapore today than there

rate

was 241

were before the war started. Un India Rupee Paper

til such a time as when stocks.of paint fall so low as to make It impossible to carry on. they will

THEY WON THE TOFFEE Good natured rivalry between This inclination to save all that do a roaring trade. It is not un- towns bus livened those Weeks into is possible has also caused a boom usual for certain paint shops 10- something of a tournament. The in the second-hand dealers' busl-day, to carry on work with night

shifts. organiser of Hockmondwlice, tells nesses

how "there were four Yorkshire | Victoria Street la Singapore's towns scrapping for first place. So second-hand dealers market place. we set out to beat the lot." Hail-Shops here used to be frequented, fax hot a tin of toffees they could not so many years ago, only by nut beat their £28.10.0. But, half the little garages which could not way through

the week, Heck afford to turn up their noses at mondwike had already won the second-hand spares. toffees and raffled them for Bay-

ings Certificates

The cut in petrol rationing, dealers think, wif) bring, mora and more of the older cars Ou the market but newer second-hand cars they feel. will command as good a price in months to conie as they do

now.

Bombay, Sept. 18 (Reuter).

Market barely steady.

LONDON GOLD

London, Sept. 18 (Reuter). Bar Gold, Fine per cz.. 168/-

INDO-CHINA

Govt. 34 per cent. Rupee, 98-9- STEAM NAVIGATION COMPANY LTD.

BÓNGKONG.

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Friday, Sept. 19, 1941. SALES Bank ut East Asia China Lights (0) China Lighta (N)

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN.

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

BAND KAN

HA PHON

All steamers borth alongsido

Shanghai, whore passengers

- nel cargo are landed,

7.30

2.45

the Roosevelt Terminal in the French Concession at

100

19:65

200 10.00

100 24.00

300 17.00

1,000

4.25

100

17.50

200 13.48

100

13.06

0,020

30 $76.08 2,000 700 HARD TO GET

7,45 China Providents... 1,000 Today however, even the awanki

Some car salesmen and brokers, H.K. Docks The thrift slow-by these towns garages in town send out for has amazed officials. In mill towns spares to Victoria Street. Wrecked however, go to sleep fearing to average pre-war wages were cars beyond repair find a ready wake enough only for frugal living. Now sale here it they are

overtime, rising wages and lom-which epares are hard to get, ployment for all has swollen For certain cars, particularly of cars also. family incomes in an astonishing German and Italian origin, fnek their trade.

tory-made stocks of certain spares <lcgree.

Extravagance on new clothes, have disappeared, furnituro, radio staažid, otior 'luxuries would not have boon Bar.

up one morning and read R.K. Electrics (0) makes for that Government has decided to Cements...

control the sale of second-hand HK. Hotels.

This, they think, will HK. Landa

more optimistic dealers A.B. Watsons however do, not think that such steps will be necessary in Malaya for quite a long time" yet.

However, expert Chinese ma- eninists, have stepped into the

The

The total value to #54,875.00

For Further partícules

please apply to

JARDINE MATHESON&Co.,Ltd. TELEPHONE KOXILIGENERAL MANAGERS:

$13.10 Bandakan Lights......

BUYERS

620

324 Telephones (old).....

$200

78.40

H.R. Banks, $147.

Telephones (now).

Industriaks

Union Ins, $440.

240

Cald, Macg. (Ord.) 8

H.K. Steamboats, $10.80.

236

Cald., Maeg (Prol.}

Wharves. $97 60.

Canton Lees

Hotels, $4.25

017/17 15

'emerits

Reallics, $4.

$104

$10

$10.80

K. Ropes

75 eta. $17.10

10.50/.80

HE GOTL Loans

Chinese Estates, $100.

8101 4% Load

$101

Trams, $17.90

Telephones (N). $9.49

809 (2+%

(1994).

200

143

$98 84%

Watsons. $13.40.

BIDA

362

861

$6.10

$6.10

$13.45a

(1940)

Miscellaneous

Dairy Farms.

Intertwinmenta.......

$1.81bstractions (old)... 80 ets. Constructions (Nsw)..

Nanyang

sinceres

Watsons

8194/

$7

Crawfords..

$1.65

$8.45

Tobacco......

$8.70

$2,40

$13.45.50 ...

$43

Ch. 0.5% 1920$Bds.

€39

H.K. Wing On

43% $42

S'ha Wing Us

$14

$7.20 Vibro Piliog

7/6

Muramans Inv. (Lon.))

▼

1/6

Marys Inv. (H.K.)

$14

Am. Powella....

变