1939-11-22 — Page 26

Wednesday.

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HONGKONG TELEGRAPH

DAVIE, BOAG & Co., LTD.

HEAD OFFICE: CHARTERED BANK BLDG.

Tel. 28116.

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H. K. Stock Market

The following quotations were Issued on the Hongkong Stock Mur-. ket this morning.

BANKS

November 22, 1939.

A Look Through || The Telegraph"

50 YEARS AGO

Nov. 22, 1880. The following are extracts from the Report forwarded by Governor Des Veaux to Lord Knutsford, Secretary of State for the Colanles, a report of tor n.iderable interest in view of the situa

tion In Hongkong fifty years later.

H.K. Banka $....................... 1,320 b. k są. H.K. Banks (Lon. Reg.) £84 n. H.K. Banks (11.K. Reg.).. 283 n. Chartered £

.8% 1. Merenntile, A. & B. £ 28% Mercantile, C. &.....11. East Asio $.

..71 n.

INSURANCES

Canton $

Union S.

China Underwriter $

H.K. Fire $

205 b. .385 m. .14% 5. 175 b.

SHIPPING

.70 b. .12.

Douglases $.

Steamboats $.

Indo-Chinos, P.S

Indo-Chinas, DS.

Shells (Bearers) a/-

Waterboats $.

Wharves $

DOCKS ETC.

Docks $.

Providents 5.

New Eng. Sh. Sh. Docks Sh. $.

MINING

Kallan s/. Raubs $. Venz. Gold S. H.K. Mines S

LANDS

Hotels $.

Lands $....

Lands 4% Deb. $....

S'hat Lands Sh. $.

Humphreys $.

H.K. Realties $. Chinese Exttes $.

UTILITIES

Trams $....

Peak Trams (old) $..

Penk Trams (new) $.

Star Ferries

.09 n

.30 n. U2/8

...8.10 n.

"The Ordinary Revenus shows a cons, stant tendency to grow in amount pari pairs with the increasing popula. tion and wealth of tho. Colony. That of 1888 (#1,057,300) was larger than In any formar year, (Estimated. 1940 revenue $40,000,000.-Ed.)

"I see no probability of any neces sity for increased taxation, and should much deploro it if it occurred, as the lightness of the pubila burthens has without doubt contributed largely to the extraordinary prosperity of the Colony. "Land.premiuma" (the sums received for leases of land sold by auction) which, belog wisely separated fra.n "Hovenue", are applied to defence and ...101 B other permanent works, amounted to 18.80 0.160,688 in 1889 and- $165,218 In 1881, .4.20, p. and thus show an enormous increano .14.40 n. by comporlion with all former years, ..204 n. though the inereused area sold wan by no means in the me proportion. (Estimate 1940 Revenue $1,010,000.- Ed.) In the absence of name calamity, such a war, the amount of theno jite mium is likely to remain large for pomo yearn to came, and that already obtained from the same Kourco this year in the first three quarters) is $123,200. As only avory all pro 4.55 m.

portion of the available building siten .33% n. In the colony are na yut lensed, It may .100 n. bo expected that the cost of the public 11% n.. works required will for a long time to come be largely defrayed from this .7% n.] 4.20 b. source, and this especially if Hongkong should, according to present promise, became a large manufacturing, as well A commercial, centre.

19/- n. 10 n. .4 n. cts, .n.

.100 n.

15.85 s.

.7.40

3.70 n.

.01 m. 22% n.

.7.85 0. 44 n. 4934 b. 18 n

Y. Ferries $.

China Lights (old) $..

China Lights (new) $ H.K. Electrice $. Macno Electrles Sandakan Lights Telephones (ald) $. Telephones (new) Tractiona s/- Tractions (Pref.) 8/-

114 n.

20.00 b. .7 1.

,18/- 1. 18/6 n.

$..14 n.

13 n.

.1.

INDUSTRIALS Cald: Macg. (Ord.), Sh. Cald Macy. (Pref.), Sh. $. Canton Ices $.. Cermenta $

HK. Repos $..

STORES, &c. Dairy Farms (old) $. Dairy Farms (new) Watsons $....... Lane, Crawfords $ Sinceres $

Wing On (H.K.) $...........

Powell, Ltd. $..........

COTTON MILLS

S'hai Cotton Sh. $. Zoong Sing, Sh. $.. Wing On Textiles, Sh. $..

Ewo St. $......

MISC.

H. K. Entertainments $. Constructions (old) $. Constructiona (now) $. Vibro Piling $. Ch. Govt. 3% 1925

G. Bonds -ILIC-Govt-4%-Loan

H.K. Govt. 31% Lonn Marsmana (H.K.) 5/- Marsmans (H.K.) 5/-. Router.

Though the total expenditure of the WBS somewhat year 1888, $1,092,32), smaller than that of 1887, $2,023,000, this was entirely due to a largo de- crease in "Extraordinary Expenditure" on "Defence" and other permanent works the aggregate cost of which in 1888 WAN anly $30,870 л against $744,820 in 1887. Ordinary expenditure however increased from $1.278,181 In result 1887 to 31,401,450 in 1885, which might be expected from the de mands of our rapidly increasing popula tlon. (Estimated expenditure not in- cluding war conts, $42,000,000 in 1940.- Ed.)

wero

The decrease in Extraordinary Expen- diture is chiefly accounted for by the

Works fact that our Defence approaching completion and cost only 102,116 as against $268,444 in 1887. The 14.00 s. Tytnin Waterworks, moreover, cost only .5 T $51,160 on against $30,811 in 1887, This great enterprise (which cumprines the confinement of some 356 million gallons of water by a dam constructed of granite and evnerate at a distanco of five millen from the City of Victoria, and the conveyance of the supply by means of a tunnel 2460 yards in length, and a cut granite aqueduct for the re maining distance,) was so far completed think the water was let into some of the existing Mains" In October 1888.

19 n. .19 1. 0.10 B. .734 n. 1.80 n.

41 n. 1 n.

22 n. 175 n. 42 n. 48 n.

Exchange At A Glance

SELLING

T.T. London Demand do, T.T. Shanghal T.T. Singapore

T.T. Japon

T. India..

TT, U. S. A.

TT. Manila

T.T. Batavia

T.T. Bangkok I Saigon

TT. France

1/2 1/87%

270.

103

023% 24

.48

45%

149

.100

.10:00

.307

.1/01/2

BUYING

4m/s L/C London 4'm/a D/P ·

.1/3/4

od.

1/33/

25/

.11.45

.8124

.4.02

.3.04

T.T. Switzerland

T.T. Australia

4 m/s L/C U.S.A.

4 m/s, France

99 d/s India...

U.S. Cross rate in Lon.

U, S. Cross rate in N. Y.

STOCK MARKET

REPORT

Hongkong Stock Exchange Official Summary issued yesterday says:

Conditions remain very quiet and the volume of business is negligible.

Union Insurances Fire Insurances Tramways Electrics

Telephones (Old) Entertainments

Wharves Tramways

China Lights (Old)

H.K. Govt. 31⁄2%% Loan

H.K. Dank Docks

China Lights (Old)

Buyers

$385

$175

$15.70

$4094

$20.00

.$0

Sellers ..$101%

$18

$7.85

.97

Salca

Glostora

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FOR LUSTROUS HAIR:

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NEW SOUTH SEA LIP COLOUR GIVES LIPS NEW ALLURE!

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$18.00

$7.70

Manila Gold Shares

Ps.

Atoks

.20

Antamok

.19%

Bagulo Gold

.17

ม

Batong Buhay

.0120

Big Wedge

23

.10

OORD

.0812

414

Coco Grove Con, Mines

Demonstration I.X.L.

Ipo

Gold

Itogon Mining Masbate Con. Mind. Motherlode Mine Operation North Camarines Paracale Gunsús Sun Mauricio Surigao Con,

18

.02

174

1314

Syndiente Inv. United Paracale

.025

32%

+

- Suyoc Con.

SOVIET FLEET MANOEUVRES

The "Mary Expenditure" (opart from "Defence Works) which is includ- ed In the abaya tatul of expanditure, was $134,594 in 1888 as against 5128,815 In 1887, the increase boing almost al together due to tho depreciation of ailver, and the consequently increased number of dollars required to make up the manual contribution of £20,000 (0- wards the support of the troops. (Annual contribution 1940: 1350,000 exclusive of war contribution.-Ed.)

With reference, however, to the cen- The commander of the Soviet Baltic .47% n. templated increase el this contribution, | ficel declares that Soviet Russia is

100-n.-it-in-to-be remembered-that- the-nieve now in command of tlut-sea---- .07 n. expenditure by no means fairly repre- 15/- n. .4/- n.

.8 b. .1.55 . .1 ..8 n.

MOSCOW, Nov. 21 (Reuter).—The Soviet feet is now manoeuvring in the Bultic.

Implied Throat

SECRET COURTS Apps to an even more marked ed that nothing would alter the Soviet

FOR POLAND

KRAKOW, Nov. 21 (Reuter).—| Special courts are to be set up in German-occupied Poland, says the official Nazi "news" agency.

These courts will enforce the Ger man criminal code.

for

The usual legal safeguards prisoners, a feature of courts all over the world, are dispensed with in these courts.

YOU get

Do

Indigestion

"I waffered so much with indigestion,

writes Mrs. Singleton, of Baw," that I dreaded mealtimes coming round. I was #fraid to out. Since taking 'Bisurated' Magnosia I can eat anything. My husband also suffered for years with Gastric Ulcers, but since taking‘Bizurated' Magumpis he has been free from pain.

One done of 'Blaurated Magocain will #ways_relieve Indigestion and stomach pain. The moment it reaches the stomach. It neutralises the burning, ulcerating sold. Pain stops, and soon normal, healthy die. gation is restored, Doctors everywhere 180 and recommand ‘Binurated * Magbesla ke the stomach. Get a bottle today.

Obtainable from al Chemists and Staros "Took for "the "oval"

··'BISMAG' trada miark.

You want

Count the "TELEGRAPHS" everywhere Bisurated

Magnesia

sents the burthen which is really borna Jeering at Finland, he says that all by the Colony. The War Department one hears from that country is the and the Admiralty occupy land in vari-{ "rattling of arms." aus localities which in" its uggregate | aren in of great extent, and much of which being in the centre of the Town MOSCOW, Nov. 21 (Reuter)--It is of Vistoria is of

grent value. reported that Finland has been warn- degree to-day-Ed.) Unlike the other decision to establish a strong peace land of the Colony, this pays no ront, over the Finnish Gulf, and what is of mare importance, can- tributes nothing to the rates from the expenditure of which the Departments drawn their ammunition must do so question receive the bonadt. When on Tuesday the 24th inst. between the this ta taken into accrust, and there hours of 4 and 5 p.m. In afer added the interest of the cost of defence works and other caser items, I estinate that the rent contribution

Nov. 22, 102S. of the Colony to its defense, exceede $300,000 per annum, a eum aqual to

Bir Cecil Clementi has been appointed. Governor and Commander-in-Chief · ot nearly 1-6th of the Beranus,

Judging from the information at.my

the Stralis Settlements and High Com- command, I queation whether,thore fa

mlesionar of the Feḍarated Malay paid towards this object by any other States. Whilst congratulating His Ex- Colony so large a proportion of its re- cellency on his promotion, the Colony ceipts, or anything like it; end it is will regret his departure The first moreover to be borne in mind that the fourteen years of his offeint life were lafence of Hongkong practically in spent in Ifongkong.

cludes to a considerable extent that of

all the British Mercantile Communities

10 YEARS AGO

It le reliably learnail that the Nation-

In the many Treaty Forte of China and aliet Government has decided to lenuo Japan which contributed nothing to its declaration on January 1, 1930, an- Revenue All things considerad, there-nouncing the abrogation of extraterri- fore, it seems open to question not only toriality in Chian,

whether Hongkong can be fairly called A Foreign Office spokesman stated spon to increase its Military contribue this afternoon that the step would not tion, but sing whether additioanl areas. mean the abrogation of China's trea-

of land (such as are continually being tles with the Powers. Only the clauses requisitioned for the Hilltary and Naval pertaining to the exercising of ozirality Departments) should not be contributed fights in China will be abolished, to the Colonial Revenue in the shape)

5 YEARS AGO

Nov. 22, 1034.

of other rent or mates or bothi-

Statistics of the estimated popula- tion are given in the Colonial Secre tary's Report; but it may be well to In two years, expenditure in the Ger paint out here that the differenco bo- man, budget on national defence pro- tween the number rotumed st the Jeets has increased by forty por cont cenaue of 1881 (160.402) and that Germany will shortly be able to put estimated for 1888 (215,000) shown an 6,500,000 oldiers in the Seld. No ro- Increase of 3454 per cont. in 7 years rime in the world had pursued a policy and that the ratio of women to mea of military restoration more vigorously which was 1 to 2.58 In 1881 le now than had Herr Hitler's. estimated at 1 to 25% This great, sad apparently permanent, disproportion be tween the sexes would appear to justify special caution in applying to Tong kong that deprivation of protection from! certain diseases, which has been deemed expedient in England.

25 YEARS ACO....

Nov. 18, 1914.

Germany and recantly placed ordera for aircraft engines of various sorts in Great Britain and the United States. Those orders totalled several millions of pounds sterling.

Large orders had also been given to specialfeod German factorics and new frms were undertaking aeroplane con. struction in Germany,

Protest against the panie rumours The following Corps Orders have been military naroplanes, was uttered to-day that Germany possesses thousands 'of Issued by Lieut. Col. A Chapman, by the French Air Minister, General

Y.D.1

Datell:-On duty, Artillery Battery Denain, when explaining the proposed and Left Hection it. a. Co, Next for air credits to the Chamber of Aero-

Commission.

sald that nautical duty, Right Section Centre Section and actually Germany would posESSS Civil Service Co., Officer on duty, Cap-twenn a thousand and eleves hundred tein Armstrong, Llaut. Kennett and Lt. machines at the beginning of 1335, Danby: Next for duty, Capt Wood, The Minister thought that the com- Capt. Churchill and /Lt. Lindsell plate transformation of the French Air Orderly Ofear, Lieut. Danby: Next for Force, which was larger than the Ger duty, 2/Lt. Lindzally To furnish Guard man, but slower and less modern, could to-night, No. 1 Section Artillery Bat be effected at a cost of about 3,300,000,- tary to-morrow, No. 8 Boction Artillery, 100 franca. Dattery: Monday, Centre Section M. G.

•

Ca.

Orderly Burgsant to-night, Sergt. was still too early to discuss the naya) Mr. Noville Chamberlain wald that it Bradbury to-morrow, Bargt. Frithi | talks at present being conducted with Monday, Burgt. Cooper.

.

AlermiAll ranks are reminded that out. If we reach an agreement, then the United States and Japan,ir site ing the wwventurer: the ""Alasın"; being the three countries concerned will be giving thepi, money@quisitizo attend in

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