11
HONGKONG DAILY PRESS
Finance and Commerce
Canada's War PRES. MADISON
Effort
BRITAIN'S GRANARY AND ARSENAL
OTTAWA, Nov. 2 (Reuter)—In a | broadcast on Canada's war effort, Mr. Mackensie King, Prime Minks- ier, said that the air training scheme was the Dominion's most Important" military development. It might well be that final victory would be shaped on Canadian soil,
SHORES PROTECTED Canada was also sending men over for front line action.
*
PURCHASE
Negotiations For
Loan Cancelled
Apparently irked by the act- "Jon of the Agricultural and Industrial Bank in Manila in making
public negotiations
for a 700,000 peso Industrial loan, the financial group own- ing the President Madison has cancelled the negotiations, it is learned from
quarters.
MONEY AND
EXCHANGE
*
CLOSING QUOTATIONS
NOVEMBER 2. 1939
On London-
Telegraphic Transfer. 1 7/8 Bank Bills, on demand!/2 7/8 Credits 4 months' sight 1,3 1/4 On Shanghai:—
On demand
On Singapore:~~-
"On demand
2 3/4
On Japan:-
Or demand............
S
reliable
On India:-
Telegraphic Transier.
and demand
}82 38
On
New York:-
Bank Bills, on demand 24. 3/4 Credits, 60 days' sight 25 5/8
The cancellation of the negotia- Canada's own Army. Navy and Air tions followed the publication of Force were protecting her shores: an opinion of the Department of Canadian warships were taking Justice regarding the legality of Un Batavia- part in the Atlantic convoy system such a loan from the Agricultural and so far no ships leaving Canada Bank to finance the purchase of under convoy had been lost.
Canada's most important part in the war might be ber economic contribution. Besides being a traditional granary,
she also might be Britain's arsenal
the steamer.
On demand
......... 45 3/4
On
Paris:
Bank Bills, on demand 1:90. Credits 4 months' sight 1143 Saigon *--- On demand
It is further learned that the owners of the President Madison on did not originally solicit loans from the said bank, but were in- | Da Manila:— vited, to make transactions upon On demand being thformed that the Bank on Bangkok :--- Thanks to preparations before was ready to provide them facili- the war. Canada's industrial and ties. agricultural resources were eadly Following the cancellation of mobilised. The crucial moment the negotiations, the owners have found her ready.
used part of their deposits with a foreign bank to pay for the
YUNNAN RAILWAY Imer in casti.
TRAFFIC
KUNMING, Nov. 2 (Central)-completion of repairs to the track It is learned that through traffic south of liang which was re- will be resumed on the Yunnan- cently washed out by mounted Annam Railway today after the freshetts.
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
On demand Sterling Notes:-
אין
ד יד
49 2/1
Bank Buying Rate Bar Silver per os.
Market Report
149 1/2
... 1/4
23 1/4
FROM ROZA ̈ BROS.-
The price for Ready Sliver was unchanged yesterday at 23.1/4 but the Forward rate rose 1/8 to 23.1/8. Silver advices reported the market as being featureless and quietly ateady. American silver was quot- ed at 343/4 for Spot. "
The London-New York, cross- | rate was quoted at 402. New York-
London was quoted at 400.1/8.
Bayer Bellera
SHAREBROKERS' ASSOCIATION Sales Noia THURSDAY 2
Dull.
NOV.
Bayern
Baller Bales Fomina
Bankc
$1325
H.K. Banks
£82
£82
Da. (Lon. Bog)...
18
TILLF
*****
#
*#
Do. (Col. Reg.)
Chartered Banke.....
27 Marcantile Bka. "A"
£11 Mercantile Bka, "0"
$72
Bank of East Asis ...
IN, C. & A. Banks
Insurances
$202 Canton Insurnaces ...
$400 Union Lamrtnos
Underwriter exponere
$175 H.K. Firss
3h8
$12
$60
$30
Shipping
Douglas repr
Steamboats
Indo-Chinas
| Indo-Chinas (Del.}..
85/71 Shells
$8.10 Waterboste
Docks, Wharves,
#
Godowns, etc.
HK. & K. Wharves
$100
$4 Providenta
34
Providenia (new)"
H.K. & W. Dock... #18
201
$18) $18
81350 £82
£82
£11
879
60 ots.
$200
$1
$400
$170
$67
$18
$30
$20
85/7
$87
www.
$162 $14
18/9
Tw
$10
34
844
$32
98%,
#
$7.80
172
$100
$18
$2.60
$181
Do, (2),
8173 Shanghai Docks 8. ... $14h. Naw "Engineerings B.
Maing
13/9 Kailan mannskemm
Raub.......IT Venezola Gold Fids 4 cta. Hong Kong Mines ... Lands, Hotels and
$4
Buiklings
34 H.K. Hotals ........................
#32 H.K. Lande....B.
par 仙
Do. 4% Dabanieras
Shanghai Lande
84.10 E.K. Realtion
871
oLdiv 898
$22
Humphreys
Chinese Ertados
Cotton Mil
Ewo (8.) incen
$175 Bhat Coticos (8.) . $42 Zoong Sings (8.)
$48) Wing On Textiles (8.)
Public Utilities
Tramways
$7 40 Peak Trame (old)
$3.70 Pank Trume"(now) »« $61 Btar Partion
I'mati Farrina
Do. (new)
87.80 China Lights (0) $41 Uhine Lights (New)
China Lights Rt.
150 H.K. Electrol
$18 Macao Elantrics-............
Sandakan Lights
$11
$20.20 Telephones (old)
$7.60 Telephones (man)
19/0 Traction - miniosasi
22/0 Tractions {pent.)
** Industrials
11
1-11*
$16
$19)
!!!
$15.80 $18
#121
:.
Market
Sterling
There were sellers at 1/3 Cash and 1/2.31/92 November-January. buyers at 1/3.1/32 Cash and 1/3 December.
U.S. Dollars Sellers at 25 Cash and 24.15/18 November, buyers at 25.1/16 Cash and 25 December.
i'
Shanghai Dollars Opened with-sellers at 290 and then receded gradually, to 285. At the close sellers 'were cuoted at 287.
Shanghai Market Sterling, early in the morning sellers were quoted at 5.1/16 for Spot. Subsequently the rate rose to 5.5/32. At the close sellers were quoted at 5.1/8 for Spot. 1.8. Dollars opened with sellers at 8.7/16 for Spot and at the close there were sellers at 819/32 for Spot.
wigg
Afternoon Market
The market was quiet in the afternoon.
Sterling
The market closed with sellers at 1/3 Cash and 1/231/32 Novem- ber January; buyers at 1/3.1/92 Cash and 1/3 December."
US. Dollars
it
Sellers at the close at 25 for Cash and 24.15/16 November; buyers at 25.1/18 Cash and 25 December.
Shanghai Dollars
Sellers at 287,
Shanghai Market
Sterling sellers were quoted, at 5.5/32 for Spot.
162 Shanghai Exchange.
$42
$80
$50
Shanghai, Nov, 2 (Reuter).
Official T.T. Bates
$7.40
London
$3.70
New York
Japan
India
Paris
Hongkong
37.80 $12.
Sellers
Opening 0/4-1/2. 7-7/18
31-7/8 24-7/8
3.30 u 29-7/8
Opening Closing
Spot ...... 0/5-1/160/5-7/33***
$20
Nov.
$7.10
Dec,
27/
Spot ...
Νου,
0/5-1/32 0/5-3716 0/4-31/32 -0/5-1/8
US Dollars
$9-7/18 $8-11/16
8-3/8
Dec,
8-1/4
Market--Steady..
Sterling, 0/5-5/92
Silver Duty Bate
8-5/8
FINANCE
SHOE CO.LTD
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
FRIDAY NOVEMBER 3, 1939. —PAGE
Hongkong Daily Press CLASSIFIED
ADVERTISEMENTS
Brooke Bond
THE
BETTER
URTARRILA.
FROM ALL CHARPAKKIN
RELIABLE TAILORING
LADIES AND GENTS, TAILORS
"Large assortment of Guaranteed English Material and Gents' Neckties, Bhirts, Socks and Collars just ar- rived. Available at reasonable prices. Fall satisfaction Guaranteed.
THE JUBILEE SILK STORE
Specialists in Gents Wear, Suits, Shirts, Pyjamas
and' Underwear.
31 Nathan Road, Kowloon.
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.
Corner Peking Road.
Telephone. No. 50431
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 NATHAN ROAD
Corner Peking Road,
CSB
THOMPSON
LADIES'
38,
tp
Tel. 50451.
TAILOR
MODERN DRESS
CHEAP SALE
NATHAN ROAD, KOWLOON.
SPECIALTY SHOPS
MADE YOUR HOME CHARMING!
B. B. Co., LAMPSHADE
44%, NATHAN ROAD. KOWLOON.
H. K. STOCK *
EXCHANGE
1
Rather more enquiries have fl- tered into the market, and amongst the stocks sought after are Lands, Wharves. Cements, Docks & Pro- vidents.
BUYERS
Bank of East Asia, $703. Wharves, $100.
Docks, $18.
Providents, $3.95.
Rauba, 39.60. ·
Lands, $32.
Yaumati Ferries, $224.
Electrics, $49). Cements, $14.10.
SALES
H.K. Bank, $1345. Tramways, $15.85. Cements, $141. Watsons, $7.00/.85.
SELLERS
HK Govt. 31% 87. Watsons. $8.
~ PHILIPPINE GOLD MINING
QUOTATIONS
Manila Gold Shares: Atoks 18js, Antamoks 148, Baguio Gold 131b, Batang Buhay 009b, Benguet Con- sol. 10.30s, Blg. Wedge 198, Coco. Grove 148, Consol. Mines 00358. Demonstrations 07b," 1 "X. L. 375, Ipo Gold 12b, Itogons 23%,, Man- bulao 035b, Masbates 0716, Mind Motherlode 074b; Mine "Operation 0715, North Camariner 13je, Para- cale. Guraus 165, Ban Mauricio Tib, Surigao Consol 16b, Suyoc Consol 1148,- Byndicate-Inv, ung.... United Paracales. 278,
HONGKONG
SHAREBROKERS
DE ASSOCIATION Volume Of Business „Transnoted on Thursday, Nov. 2, 1939,-/ HK. Bank
2. $1,345.00 5,000 14.25
500 500
$14
Cald., Mijog. (Ord.) 5.
8-1/2.
$18
Caid., Macg. (Freď.) B.
$1
Canton Lome Cate
$14
Comenta
$14
Merchant Rates
$4.10 Boges
$1.80
US Dollars, $8-9/16.
$90 $194 $6.60
The Central Bank of China's rate on London at 10 a.m, to-day was 1/2-1/24, unchanged
Ewos
from
Cements Shanghai Tele-
phone
*Bhanghal Currency, s
5.00 21.60
$71
Į yesterday,
$1.00
*46*%
99*** 962
81.80 Binorée
87.90 Watsons
MiscellaneouE.
$20 Dairy Farm (Old)
Dairy Farm (New)...
636 ch'tainmmár nem.
$1,65 Constructions
Constructions
37 Lane Crawfords
Nanyang Tobaco....
44. Ch. G.5% 19250 81dı.
$100 HK Govt. 4% Loana
ELE. Gort. 31% Lona
841 H.K. Wing On
S'hai Wing On
Vibro. Piling merciant
|Maramana Inv. (Lam.)
Marumins Inv: (HL
Wam. Powelle
Balato
mäned
198
12 €
4/10
$10
**
The Equalisation rate was 234 per cent,
:
SHANGHAI EXCHANGES
Shanghai, No. 2. Conditions on the local exchange #41 market were very inactive this
morning, with practically no bus- iness done until 11 o'clock, The
at US. $8-17/32 for Nov.
However, there appear to be more. buyers than sellers at these levels--Réuber,
Calcutta Exchange
Calcutta, Nov. 1 (Reuter), T.T, on Japan,
79,
steadiness of the market was only New York Exchange
nominat d
don London (Opening Rate).
New York, Nov. 1 (Reuter).
......Business has now been done in
Stering at 5-5/32d, for cash and 4.00
SHING
TEL: 59433.
HING
DEALERS IN
STORE
· PORTUGUESE GOODS
MACAO, NATIVE PRODUCTS
36A, HANKOW ROAD.
KOWLOON.
· AUCTIONEERA
GREATEST COLLECTION OF FARGAINS IN TOWN!
LAMMERT'S JUCHUN EDOM Lammert Be ther
19 ad tatted Telephon· NG VÕRRA.
Dutch Grown Bulbe Narcissus (Daffodils) Tulips and Hyacinths
also
Best Varieties of Tested Flower & Vegetable Seeds
all for
Immediate Planting.
Now Obtainable At
GRACA & CO.
10 Wyndham St, Hong Kong Established 1896.
THE MOST RELIABLE LIQUID INSECTICIDE
GEE, IT'S SWELL NOT TO BE A BOKERED WITH
FUES
WHILE
WE EAT!
THAT'S BECAUSE ISPRAYED WITH FLY-TOX USE IT BEFORE EVERY MEAL HOW
DEMAND THE GENUINE
FLY-TOX
Obtainable at all leading Drug and Department Stores
· Bola Distributors !
UNITED TRADERS
BONG KONG
Telephone No. 58846.
Do not MISS your OPPORTUNITY while in HONGKONG
COME and SEE the WONDERS that
NEPTUNE has made.
NEPTUNE
SWIM
SUITS
PRODUCTS COMPANY
20 Queen's Road Central
Kayamally Bldg."
Tel. 30862
TAILORING SHOP
SHIRTS
165. NATHAN ROAD
WE TAILOR
MEN'S WEAR
UMMER
REHMAN'S
TEL 5072
LADIES A CENI'S TULBAS OUTFIT FERS, SØK & SUNDAIES
BOTELS
MARBLE HALL (and Annexe Private Hotel). 34. Granville and 103-Austin Roads, Kowloon, tennis courts. Beautiful garden. Rooms and saites, with private bathrooms All modern convenimess. Apply proprietress, 103, Austin Road. Phone 50113 and 34. Ciranyilla Rosd. Phone 09458.
METROPOLE HOTEL
All modern converfences.
Central, Clean, Comfortable.
All rooms with Private Bath. Mo-
derate Dally or Monthly rates. Fully licenced. Tea Dance
Daily. Latest Swing Band. 5-7.30 p.m. Tel. 24425.
ELECTRICAL ENGINEERS
司公電亞新
THE NEW ASIA CO.
ELECTRICAL ENGINEERS
And*
HOUSE WIRING CONTRACTORS 12, Chiu Lang St.
RADIO SERVICE
Tel. 34010.
For prompt and efficient service in radio repairs, and, par chases of “ ZENITH” kong distance radios for 1939, always call at
EASTERN RADIO SERVICE LABORATORY.
1228 Nathan Road.
1940
ZENITH AND
Kowloon, Hongkong
CA
VICTOR RADIO - seta just arrived (Radio Repairs & Servico)
Kindly call or telephone for a free demonstration.
CHUEN YEE HONG
54 Deá Vöctär Hoad. C.
* Telephone 24311.
HOME SERVICE
Worried by
WHITE ANTS
Plan their Eradenation-Consult
Thomas Cowan & Co. Jardine, Matheson & Co., Ltd.
Queen's, Building,
Phone 30722.
3 - Agents in: Hong Kong-Canton-Swater
Phone 30311.
'Inspection & Estimates Free.
Jimmy's
ENGRAVERS -
FEL & CO.
Photo Engrave 18, Cochrane Dhe
Foochow
BAGGAGE TRANSFERS
AT LOW COST
PACKING &
INWARD
CLEAREDD
ESTIMAT
COLONE
THE COLONY
Tel: 84424,