HONGKONG DAILY PRESS

Finance and Commerce

Logical Step

JAPAN'S ACTION TO ALIGN YEN TO THE U.S. DOLLAR

LONDON Oct. 25 (Reater)---- The Japanese decision to base the yen exchange on the U. 8. dollar has created no surprise or dissatisfaction in London financial circles. On the con- trary, it is regarded as a logical “step.

With Britain and France--both

warring, there must be a certain

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume Of Business Transacted on Wednesday, Oct. 25, 1939. China Lights (0) ......... 555 $7.60

LONDON METALS

EXCHANGE

London," Oct, 24 (Reuter), buyers

£

sullera E

TIN

amount of uncertainty regarding Standard, Casti 230 the future levels of sterling and the Standard; franc and the opinion is expressed that Japan is only following the example already

unquoted

.3 months 230

unquoted

M

set by

the

Scandinavian countries in aligning

their currencies

WILS

to the dollar, thin market which offerings were which, in actual fact is the only hard to obtain, the franc major currency at present well also firm:

outside the war's orbit.

STERLING ADVANCES

H. K. STOCK® EXCHANGE

Only a small business, was re- corded during the morning.

BUYERS

H.K. Bank, $1280. Canton Ins, $202. Union Ins., 375. HK Fires, $170. Douglases. $67, HK. Docks, $18. Providents, $3.95, Raubs, $0.60.

H. & S. Hotels, $4). HK. Lands, $313.. Realties, $4. Tramways, $15.70

Yaumaties Ferries $22. · Ching Lights (Old),57.60. China Lights (New), $41. Electrica, $49).

Sandakan Lights, $ilį......‚' Telephones (Old), $20. Cements, $13.85. Watsons, $74.

The dollar basis of the yen did since the not affect the market,

BALEN

Electrics, $50. Cementa, $14. Watsons, $8/7.90.

NEW YORK, Oct. 25 (Reuter) new rate is approximately at pre.

a sent levels. Sterling strongly advanced'

on

FINANCE

Bata

THURSDAY, OCTOBER 26, 1939, -PAGE

Hongkong Daily Press CLASSIFIED

ADVERTISEMENTS

Brooke Bond

BETTER

FAME ALL CO

LADIES AND GENTS. TAILORS

RELIABLE TAILORING

Large assortment of Guaranteed English Material and Gents' Neckties, Shirts, Socks and Collars just ar rived. Available at reasonable prices. Füll satisfaction. Guaranteed.

THE JUBILEE SILK STORE Specialists in Gents Wear, Suits Shirts, Pyjamaş and Underwear.

11

31 Nathan Road, Kowloon

Corner Peking Road.

Telephone No. 50451

SUMMER

DRESSES, DAY & EVENING HATS, BAGS & BEACH TOGS

at very moderate prices. Call on us and let us demonstrate to you" THE SHANGHAI, SUN FAT COMPANY.

EXPERT LADIES' TAILORS

No. 30. Nathan Road, Kowloon.

Telephone N 56810.

Do not MISS your OPPORTUNITY while in HONGKONG

COME and "SEE the WONDERS that

NEPTUNE has made

NEW YORK STOCK EXCHANGE

QUOTATION

STOCKS

Last Bale

Oct. 24

Adams ExpIESA

10

Alleghany Steel Co.

25

Lakey Foundry & Mac..

OCTOBER 25, 1939 STOCKS

Last Sale Oct. 24 31*

Allied StorES

"101

Libbey-Owens-Ford

Glasa

531

Allis Chalmers

432

Lockheed Aircraft

324

Aluminium Ltd

941

Loew's Inc.

357

Amerada Corps.

Manhattan Shirt Co.

151

Amer. Can

1131

Martin, Gleu L

41

American Cyanamid B

343

McKesson," Robbins

161*

Amer. & Foreign Power

2.

Monsanto Chemical

109

Ameri & Foreign #1 yt....

271

Montgomery Ward

563

American Gas & Elec

361

iat. Dairy Products

14

STOCK EXCHANGE

SHARKBROKERN ASSOCIATION

Amer. Locomotive

271

National Aviation

151

Amer, Metals Co.

27

Nat. Dutillers

247

Amer. Badiator ....

111

National Gypsum.

121

Buyers Hellera

WED.. 25.

OCT.

Pollera Hayers

Saloa Nomina

Amer. Rolling Mill

201

National Load

221

Amer: 8'ting and R'ing Co.

551

Nat. Power & Light

9

Amer. Bugar Rang

National Steel Corp.

754

_81980)

Amer. Tel & Tel.

166!

Nat. Supply Corpn.

111

£78

Amer, Tobacco "3"

32

New York Central

211

Amer. Waterworks

131

Niagara Hudson Power

8

331

N. American Aviation

27+

Anaconda Copper.

Atchison, T. & S. Fe.

32

North American Co.

,231

Auburn Motors ...

21

Northern Faclic

114...

Baltimore & Ohio

71

Owens-Illinoita Glass Co.

661

Barber Asphalt Co

171

Pacific Gas & Mec.

31

1901

147

Pacific Lighting.

471

$379

Barnsdall Ol

31

Bendix Aviation

Packard Motors

31

8170

914

Bethlehem Steel

Paramount Pictures

81

$200 $1 $345 $170

177

Pennsylvanis R.R.

261

387

Bliss & Co. ................

$32

Boeing Airplane Co.....

30元

Phelps-Dodge

441

$12

{Steamboats

$15

281

Borg-Warner

Phillips, Petroleum

45}

160

Indo-Chinsa'

(Prof.)

$50

Biggs Macturing

251

Pittsburg Coke & Iron

10

$30

Indo-Chinas (Def.)...

$20

Tel. No. 27473.

$12

Brooklyn-Whattan

Trans.

Public Service of NJ.

401

84/4) Ball

8.10 Waterboste

84/44 $8

Pullman Exc.

381

'B'klyn-M'hattan $8 cum pf.

Docks, Wharves,

Pure Of

4

Canadian Pacific R'way.

Godowns, etc.

821

Radio Corpn. of Am.

6

$101

H.K. & K. Wharves | $100

3101

Case. J.I

272

Celanese

Reading Company, Com

20

$3.95

Providenta

***

$3.95

43

Chesapeake & Ohio

Reading Company, 1st pid

28

Providenia (Daw)

91

"

Remington Arms Co. Inc.

51*

$18

318

H.K. & W. Dooks... $17.80

$18

Chrysler Corpo

881

Republic Aviation Corp. ...

5+

Do. (new) sevaman

Colts Patent Fire-Anas

Columbla Gas & El.

71

Republic Steel

$125 Shanghai Dooks B.

271

.!!

*

82

Reynold Tobac. ""

371

Columbia 6% “A” DI.

¡Now "Engineerings 8. Mining

$152 014

48

Richfield Ci

81

Commercial

13/9 Kailans

13/9

11

Commonwealth & B Lord.)

Safeway Stores

161

Ranhe

$9.80

692

C'wealth & S. 6% cum pt.

| Schenley Distillers

141

$4

¡Venezuela Gold Pide

$4

311

Consolidated. Edison

Schenley, 51% pfd.

70

8

Consolidated Oll

Bears Roebuck .........

831

481+

SELLERS

Realties, $4.20. Tramways, $16.

Sandakan Lights, 3113: Cementa, $14.10,

FIRST-CLASS

SHANGHAI LADIES' TAILORS

Large Selection of Ready Made Ladies' Fur Coats, Winter Costumes and Overcoats always in stock at reasonable prices.

Alterations undertaken on Ladies' Furs and Foxes.

LONG KEE

31 NÄTHAN ROAD

Corner Peking Road.

Tel. 60451.

NEPTUNE PRODUCTS COMPANY

SWIM

SUITS

20 Queen's Road Central Kayamally Bldg.

Tel. 30862

TAILORING SHOP

UMMER

SHI

MANILA GOLD SHARES Atoks 13 b, Antamok 12 b. Batong Buhay 0090 b, Benguet Consolidated 9.80 A Big Wedge 17 b. Coco Grove 13 b. Consoli- dated Mines. 0030 & Demonstra- tlon 063 b. I, X. L. 35 s, Ipo Gold Paracale Gummaus, 15 b. San 10 b, Itogon Mining 181 b, Mas-Mauricio. 68 9, Surigao Consell- bate Consolidated 061 b, Mindanao dated 15 b... Suyoc Consolidated Motherlode 07 b, Mine Operation 101 b, Byndicate Investment 020 b. 07 b. North Camarines, 112 b. United Paracale, 25 b.

HONGKONG SHARE QUOTATIONS

:

Banks

J

$1300

£75€

£7

£1

$78

H.K. Bazkarietan

Do (Eol-Bag:) -Do. (Lon. Reg.) $750

71Chartered Banks ..... 19) Marcantile Bks. "* 210 Mercantile Bhs, "47" Bank of East ÁKK ... $72

N. C&K Bazka

Insurances

Canton InsOTIONS ... Union InsurKRONO

Underwriters

H. From

. Shipping

Donglass "'ninmmervill

>

4 cta Hong Kong Min ... Lands, Hotels and Buildings

50 ota.

SHING

HING

DEALERS IN

STORE

PORTUGUESE GOODS

*

MACAO NATIVE PRODUCTS

36A, HANKOW ROAD.

KOWLOON.

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN!

at

BAMMERF'S AUCHON KOCM Lomunat Biollets » 2. Connaughti Base Cos. Triopkom No., 20,21,

INSURANCES

The National Mutual Life Association, of Australasia ofers you the best conditions for a fund for old age, and your family in case of your death. Annuities and educational policies ara also issued. Insure now. Olce :-5, Des Your Bd. Central (5th floor Room No. 65), Bank of Canton Balid- ing, Hongkong.

Besident Secretary,

H. R. WELLS.

Dutch Grown Bulbs

also..

Best Varieties of Tested

all for

WE TAILOR

MEN'S WEAR

TEL 0:2

REHMAN'S

LADIES & CENT'S, TAILORS DUTA-TEERS, SILK &. SUNDRIES

65 NATHAN ROAD

HOTELS.

MARBLE HALL and Anncxe Private Hotel), 34, Granville and 103, Austi Rosda, Kowloon tennis Beautiful garden. Rooms and suites, with

courta

vate bathrooms.

All modern conveniences. "Apply" proprietress, 103, Austin Road.

Phone 80233 and 34: Granville Road. Phone `59633.

METROPOLE HOTEL

Central, Clean, Comfortable.

All modern conveniences. All roome with Private Bath, Mo

derate Daily or Monthly rates. Fully beeneed: Tea Danen»:

Dally. Latest Swing Band. 5-7.30 pm Tel. 24425,

ELECTRICAL ENGINKERS

司公電亞新

זי

THE NEW ASIA CO.

ELECTRICAL ENGINEERS

And

HOUSE WIRING CONTRACTORS

Tel. 34010.

Narcissus (Daffodils)

Tulips and Hyacinths

Flower & Vegetable Seeds

Immediate Planting.

12, Chiu Lung St.

Continental Cah

Shell Vilon Oil

144

28

Continental Oil

Bocony-Vacuum Ou

14

H.K. Hotela me

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

$39

631

Corn Producta

11

Bouthern Pacifc

17+

par

Do. 4% Debentures

887%.

21

Curtiss Wright (C.)

Southern Riy $5 pfd..

341

ER

Shanghai Lands 8.

281

Curtiss Wright "A"

Sperry

51°

34.20

HK Renities

24+

Deere & Co.

Spicer Manufacturing Co.

311

871

Humphreya

$4.30 $7.90

151

Distillers Corpn. Seagrama

Standard Brands

5+

851

-Douglas-Aircraft.

Stand Gas & Mec.

3

181

Du Pont de Nemours ve

Standard Oli of California

28)

Eagle Picher Lead

14.

Standard Oil of N.J».

.. 414

291

Eaton Mfg. Co.

Stone & Webster

14

Elec, Autolite

391

Bwift International

321

Elec. Bond & Share

94

Technicolor

13

$15.70 $16

Elec. Bond & Share $5 pl

Texas Corpn.

471

Elec. Band & Share $6 pr.

697

Tezes Gulf Sulphur

361

$100 Chinese Estates

Cotton Minis

Ewo (6.)

$175 8'hal Cottons (8.) ...

142. Loong Bags (8.)

9481 Wing On Textiles (8.)

Public Utilities

Tramwaju

$710 Peak Truma (old)

$3,70 Pok Triana (new) ........ $51 Star Ferriss

$29.

$169

*$42

$80

$154

$7.40 $3.70

$80

Elec. Power & Light $7 p.

354

Trans-America Co.

64

322

Flintkote

212

20th Cent. Fox.

141

591

Gen. American Trans.

20th Cent. Fox. $14 pf.

231

414

Gen: Electric k

Union Carbide & Carbon

901

និងនឹ

Y'mati Ferrin

L

Do. (D)

Chins Lights (0)

$7.55

China Lights (New)

Gen. Motors

542

Union Pacific ......

1031

China Lighte Et.

850

H.K. Electrics, '*******

$:0

Gen. Hallway Signal

United Aircraft

474

SIA

Macao Electrics

General Tire & Rubber Co 241

United Airlines Trans.

121

#311

8114

Sandakan Lights .....

.Glidden Co.

.20

United Corpn.

24

$20

Goodrich (BF)

221

Goodrich $5 pl

67

United Corpn. $3 cum ni. 361 United Gas Corpn.

21

190. Tractions

Goodyear Tire & Co.

... 28

United Gas Improvement 14

Great Northern Iron Ore ..

· 19

U.S., Industrial Alcohol.

25

$14

Great Northern Rly, pia. "31

UB, Rubber ................

· 431.

$13

Great Western Sugar “p

32

UB. Rubber #8 pid.

1001

81

Greyhound Corpn.

UB..Steel

1761

$13.80.814.10

Hercules Powder Co.

891

varıadium

**3T

$4.00 Bop.....

Homestake Mining

,531"

Walworth Co.

84*

International Harvester

641

Warner Bros. Pict.....

44

Int. Nickel

304

Westinghouse. Hiec.

1173

Int. Tel. #Tel.

51

Woodward Iron Car.

284

Johns Manville

BO

Chase National Bank

37*

J. & Laughlin Steel $7 pid. 80 Kennecott Copper

$1

$71

401

National City Bank'

291*

18

30%

3100 H.. Govt. 4% Loans

DOW JONES AVERAGE

208

H.E. Govt. 3% Loan ·

1039

High Low Dow Jones Areragos

158.92 32144 30 Industrials

38.90 24.14 30 Ralle

3436

27.07 9071 0 Utiles

26.00

Oct. 25, 1839, Oct. 23, High Low Close 18871 18476 15204 15407 |||24,815.36.25":3457 36,80 ** 25,96 : 26.16

841

H.K Wing O

06% $41

Changs

Bhat Wing On

$10

36 up

Vibro Filing

02 up

06 up

12/0

··4/0.

Mammans 15v. (Lon,

Maramans Iny. (H

92.19 885140 Bonds

90.14

60.53 45.59 11 Commodity Index 55.22

90.18 55:05

09 up

-$1

W Powella

18 off

Business Done 1,160,000 shares

#71

Telephones.(old)

$7.8 Telephone (DBW) ........"

227) Triötions '(praf,} {*****

Industrials

| Cald., Mang.- (Ord.) §.

Cald. Macg. (Fred.) B. Cantón Ices

Miscellaneous $90.50 Dairy

Faria (Old)

8191 Dairy Farin (New) $6.60 Ch. E'tainzqətida".

$1.55 Constructions (old)

Constructions

Lane Crawfords Nanyang Tobudím

31.80 Sincer

Watsona

3 Ch. G.5% 1925G #Bds

23/-

81 €14. $4.00:

$19

$6.80

$74

Now Obtainable At

GRACA & Co.

10 Wyndham St Hong Kong Established 1890,

Her EYES Won Him

CLEAR MILKY WHITE LUSTROUS THOUSANDS CLEAR EYES. Ja Bocendedor Lady Way

riddered, or Lectultently veland by late Exec indulgent became the ci chia now clear them in seconds. With new scienzión EYE- GENE. And what a difference when whites are clear -sparking white! Money hack if it fails. Refreshe mooibe tired eyes Dies tongie: Stainlandafa. Chez EYE-GENE at any drug or department alors.

ZEYE-GENE

319

$1.00

Obtalpable "at all.

leading Drug & Department Stores Sole Distributors:

UNITED TRADERS Hong Kong..

POSITION VACANT

Applications are invited for the post of one, Female Inspec- tor 8.0.A. Office. Applicant must be able to speak and write Eng- 11sh and Chinese, Hainanese" dialect being essential Salary $1,200 a year rising by annual in- crements of $100 to $1800.

Candidates should send writ ten, applications to the Secretary for Chinese Affairs on or before October 31, 1939, stating their qualifications and knowledge of dialects in addition to Cantonese. 1838

For prompt and efficient service in radio repairs, and pür- chases of “ZENITH" long distance radios for 1938, always call at

EASTERN RADIO SERVICE LABORATORY.

228 Nathan Road.

1940

Kowloon, Hongkong..

ZENITH AND RCA VICTOR RADIO set just arrived (Radio Repairs & Service)

Hindly call or telephone for a free demonstration.

CHUEN YEE HONG

54 Des Voeux Head C. ...

HOME SERVICE

Telephone: 24311,

Worried by WHITE ANTS

Plan their Eradication-Consult

Agents in

Thomas Cowan & Co. Jardine, Matheson & Co., Ltd.

Queen's Building..

Phone 30722.

Hong Kong Canton Swatow-Do

Phone 30311.

Inspection & Estimats Froo

Jimmy's

ENGRAVERS

FEI FEI & CO. Photo Engravers 18, Cochrana Street,

Telephone Na

BAGGAGE TRANSFERS

·AT LOW COST PACKING & SHIPFING INWARD SHIPMENTS

CLEARED & DELIVERED ESTIMATES ON REQUEST COLONY: BAGGAGE TRANSFEI SERVICE Proprietors

THE COLONY

Tel:

RADIO SERVICE

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