HONGKONG DAILY PRESS

Finance and Commerce

Foreign Oil Interest In

Mexico

17

MEXICO CITY, Nov. (Renter)-The Supreme Court will probably deliver Anal judgment regarding the ex- propriation of foreign petro- Team interests early next week.

The proceedings yesterday were occupied by the reading of part of the 50,000 word judgment" by Judge. Aisian, supporting the view that expro-.. priation was constitutional. The latter part of the judgment will be read on Friday, after which the other fudges will consider their

Verdicts.

EXPROPRIATION CERTAIN It is regarded as certain that expropriation, dating from March, 1938, will be declared constitu- tional.

FACTORIES

BLACKLIST

CHUNGKINH. November 17

(Central)

The Ministry of

A second list is expected to be announced in due course.

China's

Wolfram Production

CHUNGKINH,

Economy has issued a list of 48

November 17 Chinese factories situated in Jap- (Central)-The National Resources anese occupied areas whose pro- Commission in a report just releas- ducts may no longer be deemed as

ed revealed that following three native goods and distributed or

years' state control, the production sold as such.

of wolfram in Hunan, Klangsi and Kwangtung has been greatly in- creused. Wolfram is now one of the The first list includes factories principal exports of the nation in Klangsu, Cheklang. Shantung. Important improvements have Shansi and Tientsin, covering been witnessed in the mining of cotton. alk and woollen textiles.

Klangs!, ..while paper, leather, flour. machinery-production in Kwangsi is now also cemert, chemicals, matches.

under the same state control as in Hunan, Klangsi and Kwangtung. cigarettes and other products.

LONDON DISCOUNT

RATES

the metal

For mixed tin and wolfram mines, the latest eletro- DTOCCAS magnetic

wili be employed to differentiate the two metals, and to ensure the parity of the wolfram prodne-

el.

The

ta

London, Nov. 18 (Reuter).

3 months 6 months Fine Bank Bills 1-732% Apparently, while it is proposed Bank Bills

1-9/15% to

the to pay indemnification the Fine Trade Bills 2-3/4/

report reveals that Interests affected for everything Trade Bills

3-1/4% authorities in charge of wolfram installed for the development of

production have recently acquired 0-3/4 a large Reet of trucks for the transportation of the metal produced, and expect to encounter Ittle difficulty in the way of shipment.

the industry. no compensation London is envisaged for the loss of the concessions.

HONGKONG

11

SHAREBROKERS'

ASSOCIATION

CALL MONEY

LONDON METALS

EXCHANGE London, Nov. 15 (Reuter)

TIN

buyers

sellera

Volume Of Business Transacted Standard. Cash 230

on Friday Nov. 17, 1939,

HK. Telephones (N) 200 $ 7.00

*

*

unquoted

unquoted

tandard.

3 months 230

HK. Ropes

500

H.K. Electric

50

5.00 50.00

HK. Docka

100

China Lights (0) ... 515

18.80 Benguet Consol. 7.75/Benguet Consol.

100 Ps. 11.20 400 Ps. 11.30

HONGKONG SHARE QUOTATIONS

STOCK EXCÉLANGE

SHAREBROKERS' ASSOCIATION

Buyers

Bellers

Balon

*mine

FRIDAY 17,

NOV.

Banks

Mellors Икуеть

Salo Nomina

$200

$70

$18.80

LE

$4.20

284

185

21350 H.K. Banka

-7

$71

Do. (Col. Bag.)

Do. (Lon, Bag.)

Chartered Banks

- Mercantile Bks. "A"

Mercantile Bk. "O"!

Rank of East Aria ...

N. C. & B. Banks

Insurances

$390 Union Insurances

Underwriters

$175.K. Firs

и

Cases of smuggling of this important metal have shown considerable decrease recently, while effective methods have been devised to check such malpractice.

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 17, 1939

On London:--

Telegraphic Transfer. 12 78 Bank Bills, on demand1/2 7/8 Credits 4 months' sight 1 3 1/4

On Shanghal:

On demand

FINANCE

SHOE CO.LTD.

HONGKONG

SUPPLIES ALL

KINDS OF FOOTWEAR

SATURDAY, NOVEMBER 18, 1939. —PAGE

Hongkong Daily Press CLASSIFIED

ADVERTISEMENTS

RELIABLE TAILORING

LADIES AND 'GENTS. TAILORS

Large assortment of Guaranteed English Material and Gents' Neckties, Shirts, Bocks and Collars just ar- rived. Available at reasonable pricea Full satisfaction Guaranteed.

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

31 Nathan Road, Kowloon.

Corner Peking Road.

FIRST-CLASS

Telephone No. 50451

SHANGHAI LADIES' TAILORS

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

Alterations undertaken on Ladies' Furs and Foxes.

LON KEE

31 NATHAN ROAD.

Corner Peking Bond.

USE

SPECIALTY SHOPS

Tel. 50481.

MADE YOUR HOME CHARMING !

B. B. Co., LAMPSHADE

"44A, NATHAN ROAD, KOWLOON.

INSURANCES

The National Mutual Lifa Association of Australasia offers you the best conditions for fand for old age, and your family in case of your death. Annuities and educational policies are Bisa issued. Insure now, Office :-8, Des Voeux Ed. Central (5th floor Roota No. 66), Bank of Canton Build- ing, Hongkong.

Resident Secretary,

$:350

270

£84

£44

On Singapore:-

£7

On demand

9 3/4

£273

On Japan:-

£11

On demand

#3 1/4

872

On India:-

80 cts.

Telegraphic Transter.

82 38

Cuntoa InsaTROOME .........

and demand

$200

$300

On New York:-

81

Bank Bills, on demand 24 6/16

Tel. No. 27473.

$170

Credits, 60 days' sight 25-1/8

Shipping

On Batavia:

| Donginams

870

On demand

..... 46 1/4

312

Steamboats

$15

Indo-Chines

(Prof.)

On Paris:-

|(350.

$20

Indo-Chinas (Def:)...

$20

Bank Bills, on demand 150

83/2

Shells

83/8

Credits 4 months' sight 1145

$3

Un Saigon -

On demand

Ju Manila:

On demand

48 5/8

149 1/2

$4.10 Waterbosta

Docks, Wharves,

Godowns, etc.

şi 3101) H.K. & K. Wharves

$4.20 Providenta

4 eta

$15.70 $15.8515 95

$224

$7.80

+

$201

8101)

$4.15 On Bangkok:--- On demand

Provident (new)

H.E.&. Docks... 818.70 $19

8181

Do. (new)

8204 814

18/0

$950

19.50

$4.45❘ $4.86

8.

8:04 18hanghai Docks 8. ...

$14.40 New Enginearing 8.

18/0 Kailane

$3 Rauba

Mining

Venezuela Gold Fids Hong Kong Mines ... Lands Hotels and Buildings

$4.55 H.K. Hotala m

33 H.K. Lands.......8. par Do. 4% Dabankuras $10.30 Shanghai Lands

H.K. Realine ......... $71 (Humphreys ..................... $100 Chines Estates

Cotton Milla

Ewo (8.)

$175 8'hai Cotions (8.)

$42 Zoong Rings (8.)

$481 Wing On Textilas (8.)-

$7 40 Pack Trams (old) .... 83.70 Pank Truža [żew) ... #81 Star Ferriss

822

Public Utilities

(Tramways

Sterling Notes:-

אין

Bank Buying Rate ... 1/37/8

Bar Silver per o&... 23 5/16

Fr

| Market Report

FROM ROZA BROS. Silver prices dropped yesterday to the

both extent of 1/16 for deliveries, the quotations being $32 23.5/18 for Ready and 23.3/8 for 98*1. Forward. Silver advices reported the market as being quiet but steady. A small business was done, American Silver was quoted at 34. 3/4 for Spot.

The London/New York cross-rate Tork/ was quoted at 402. New London was quoted at 393.1/8.

44.30 $7.90

$81.80

$1.70

$42

$100

$15.70

Quiet.

$7.40 $3.70

$60

7'mati Ferries Do. (D)

#221

China Lights (0) China Lights (New) Chios Lights Rt. H.K. Electrics

$7.70

$43

***

$491

$201

ון

મશી

$11

$18 - Macao Electrics m

Sandakan Lights ............ Telephonse (chl)

$7.00 Telephones (new)

18/0 Tractions 18/6 Tractions · {prof.)

Industriais

C

$14.50 $14.90

$6

::

$7.10

Market

Sterling

There were sellers at 1/3 Novem- ber/December and 1/2.31/32 Feb ruary, buyers at 1/3.1/32 Cash and 1/3 February,

US Dollars

Some business was reported at 24.9/16 for cash. There were sell- ers at 241/2 November, buyers at 249/18 Cash and 24.1/2 December.

Shanghai Dollars

H. B. WELLS.

FOR SALE %%%

Canteen sets, 208 pieces each, complete with attractive cabinets; Peking carpets; large assort- ment

bags; attractive ladies' silverware including cigarette cases for ideal Christmas gifts; and crystal glass for sale at most reasonable prices made possible by small overhead. Apply No. 10. floor, Bayview Mansions, top Causeway Bay.

1339

1/2.31/32 February, buyers at 1/3. 1/32 Cash and 1/3 February.

US. Dollara

Sellers at 24.1/2 November. buy- ers at 24.9/16 for Cash.

· Shanghai Dollara

281,

"

Shanghal Market

Sellers of Sterling for Spot at 5.9/32 and US$ at 8.9/16 sellers for spot.

Shanghai Exchange

Shanghai, Nov. 17 (Reuter).

Oficial T.T. Batei

London ..... New York Japan...... India

Paris Hongkong

18/8

Spot NOY.

334

[Cald., Macg. (Ord.) 8.'

$18

Caid., Macy. (Erel.) B

Opened with sellers at 277. At the close sellers were quoted at 280.

"Dec.

31

Canton les

$1

Shanghai Market.

Spot

Camente

$15

Bopes kamin

$5

$90

4

Dairy Farm (Old)

$184

819

***

Sterling opened with sellers for Spot at 5.5/16, Bubsequently the rate rose to 5.23/64. Later, the market – eased off slightly and

Nov.

Dec.

$5

Miscellaneous

(old)

$19 Dairy Farm (New)

Ch. E'tainments

$1.55 Constructions

$1 Constructions (saw)

Lane Crawfords ....... Nanyang Tobacco ..... $1.80. Sincere

Watsons

48% Ch. G.5% 1920 gBär, $100 HE GOT 4% Loans

H.E. Govt. 88% Loma

$41 ||H,K." Wing Osum

$7

$7.90 $8.10

397

#14

871

$1.50

13

87",

やすず

481

S'hal Wing On sinn Vibro Piling

$10

25/0

Marimana Inv. (Lon.)

Margmans Inv. (H.K.) - 31Wm. Powella „ssessme

to Shanghai

Bales

iulii

60 closed with sellers at 5.10/84 for Spot. US Dollars opened with sellers at 8.11/16 for Bpot. Sabee- quently the rate rose to 8.3/4 for Spot. Later the market was shade easier and at the close there

48% were sellers at 8.5/8 for Spot.

$8 terboon..

Afternoon Market

&

The market was quiet in the al-

Sterling

The market finished with sellers at 1/3 November/December and

Opening 0/4-3/4

7-11/16 32-3/4

20-1/4

****** 3.48

...... 31-1/2

Bellers

Opening

Cioning

0/5-19/64 0/5-9/32 0/5-19/64 0/5-9/32 0/5-1/4 0/5-15/64. U.S. Dollars

$8-21/32 8-21/32 8-17/32

Market:-Qulet.

Merchant Rates Sterling, 0/5-5/16

U.8. Dollars, $8-11/16

38-19/32 8-19/32

8-15/32

Silver Duty Bate

The Central Bank of China's rate on London at 19 am, to-day was 1/2-1/20... unchanged from yesterday.

The Equalisation rate was 23) per cent.

India Rupee Paper

London, Nov. 16. (Reuter). Govt, 31% Rupee, 87-04-0

SHING

SUMMER

Brooke Bond

THE

BETTER

FROM ALL CONFERIORES

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 No. 58846.

Do not MISS your OPPORTUNITY while in "HONGKONG

COME and SEE the WONDERS that

NEPTUNE has made.

NEPTUNE PRODUCTS COMPANY

'S WIM

SUITS

VKL: 19493.

65. NATHAN ROAD

HING

DALIES IN

STORE

PORTUGUESE GOODS

&

MACAO NATIVE PRODUCTS

36A, HANKOW ROAD:

KOWLOON.

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN! at

LAMMERT'S AUCTION ROOM

Lammert Brothers-2. Connaught Road Central.

Telephone No. 20224.

Datch Grown Bulbs 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 1898.

Her EYES Won Hun

CLEAR.MILKY WHITE LUSTROUS THOUSANDS CLEAR EYES..In Bommends....Moar Enny Way TYEB reddened or prominently valued by late

hours of oracundnigstes how dads of dea poz der them in woonde,. With new soldik. EYE- GENE. And what a differmos when Wilson are cour Loggarkiing white! Money back if it falls. Retrmbas

neothes tired wym like mazie., Balzang matí de Cat |EYE-GENE at any drug or department store. Mark

EYE-GENE 3

Obtainable at all leading Drug & Department Stores Sale Distributors: UNITED TRADERS-Hong Kong.

BUTTERICK LADIES TAILOR

Ready made' Costumes, overcoats,.... and evening dresses, made to order. No. 16 Wyndham-St. Tel. 28815.

20 Queen's Road Central Kayamally Bldg.

Tel. 30862

TAILORING SHOP

WE TAILOR

MEN'S WEAR

SUMMER

SHIRTS

REHMAN'S

TEL SOTAD

„LADIES & CENT'S TAILORS. OUTFITTERS, SKK & SUNDRIES

HOTELS

MARBLE HALL (and Annexe Private Hotal), 24. Granville and 103, Austin Roads. Kowloon, tennis courts. Beautiful garden. Rooms and suitea, with p vatá bathrooms. All modern conveniences. Apply proprietresa, 103, Austin Boad. Phone 50213 and 34, Granvills Road. Phone 19432,

METROPOLE HOTEL

Central, Clean. Comfortable.

All modern conveniences. All rooms with Private Bath. Mo-

derate Dally or Monthly rates. Fully Bcented. Tea Dance

Daily Latest Swing Band. 5-7.30 p.m. Tel. 24425

ELECTRICAL

ENGINEERS

司公噐電亞新

THE NEW ASIA CO.

ELECTRICAL ENGINEERS

And

HOUSE WIRING CONTRACTORS 12, Chiu Lung St.

Tel. 34010.

RADIO SERVICE .

For prompt and exicient service in radio repairs, and par- chases of ZENITH" long distance radios for 1939, always call at EASTERN RADIO SERVICE LABORATORY.

228 Nathan Road.

1940

Kowloon, Hongkong.

ZENITH AND RCA VICTOR RADIO sets just arrived

(Radio Repairs & Service)!". Kindly call or telephone for a free demonstra

CHUEN YEE HONG

54 Des Voeux Road C.

:

HOME SERVICE

Telephone 24311.

Worried by WHITE ANTS

Plan their Eradication Consult

Thomas Cowan & Co

Queen's Building. Phone 80722.

Jardine,

, Matheson & Co., Ltd.

Agents in:

Hong Kong Canton Swatow.

Phone 30311-

ין

Inspection & Extimates Free.

AT

Jimmy's

ENGRAVERS

FEI FEI & CO. Photo Engravere 18, Cochrane street. Telephone No. 22224.

BAGGAGE TRANSFERS)

AT LOW COST

PACKING: &z: SHIPPING. INWARD SHIPMENTS CLEARED & DELIVERED

ESTIMATES ON REQUEST COLONY BAGGAGE TRANSPER SERVICE

Proprietors

COMPANY

THE COLONY TRANSPORTATION

Tel: 34422. Hoang Kobi

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