HONGKONG DAILY PRESS
Finance and Commerce
Sterling Futures Break To S'hai Cotton
Lowest Level
may virtually be eximusted in a few weeks
MEAGRE SUPPLIES
Furthermore. the supply of FOREIGN EXCHANGE fresh Sterling usually created by
WORRIES
Paris goods to Britain is now meagre because British imports "NEW YORK, Nov. 18 (Reuter) are being paid for in foreign ex- Sterling futures broke to their change created prior to the war lowest level not only since ther by supples from
who are disposing of war, but for a year, on the New vestors York foreign
exchange market American securities.
yesterday.
British
The Canada dollar also stump- ed on reports of heavy buying of Spot also showed Intense weak-war supplies in the United States.
INTENSE WEAKNESS
nes along with rumours that Ster-
ling would be permitted to fall to: 3,75 or even to 3.50 before the year end.
The market was also worried. somewhat ove reports of closer economic federation between Bri- tain and France which, according to some observers, would,, merely weaken Sterling further.
DIFFICULT PROBLEM Explaining the slump in forward Sterlini, exchange market circles point out that speculators are finding it more difficult to operate In spot Sterling.
Molybdenum Found In
Szechwan
The discovery of rich deposits of molybdenum in southwestern Szechwan was reported by Generali Lu Chao, who recently headed an investigation trip to aboriginal
Mill Reopens
DISPUTE SETTLED
AMICABLY
ne-
SHANGHAI, Nov. 18 (Reuter) -After several months of gotiations between the man- agement and workers an ami- cable settlement of the d's- pute which has been respon-
of sible for the closure
the British-owned Lun Chong cotton mill and print works in Pootung has been achieved. Both factories are expected to reopen very shortly.
It will be recalled that a Briton,
|Mr. R.M. Tinkler, was killed in the mills in the early days of the strike.
SHARE MARKET
REVIEW
HONGKONG SHAREBROKERS'
ASSOCIATION
parts of the province. Molybde The market continues quiet and num is a metallic element of the the volume of business recorded chromium group, resembling Iran, for the week
has been small
While there is money to be made at present levels in the
in its white colour, malleability. Holders of shares have displayed | sale of spot Sterling and the par dificult fusibility, and its capa-no anxiety to sell and investors chase of forward months. paratively few banks are willing city for forming steel-like alloys have been content to wait for
cam-
to undertake it, with the price reflecting this disinclination provide facilities.
2.
with carbon.
The molybdenum deposits are located in the wild mountainous Meanwhile, private advices from regions of Mapien district on the Other metals London indicate that balances in Szechwan border. London belonging to neutrals are discovered there include copper, reaching their lowest level and iron and lead-(C, I. C.).
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
Nom 14
Boyer Bellera
$206
$70
FI
#
$18.00
151
:
$330
SHAKEBROKERS' ASSOCIATION
SATURDAY 18,
NOV.
Banks
.81350 H.K. Banks
£840 Do. (Col. Bag.)
FR3
BY
#71
Do. (Lon. Beg.)
Chartered Banks ......
Marcantile Bks. "A"
Mercantile B. "
Bank of East Axia ...
N. C. & B. Bankı
Insurances
Bye Bullera Sales Nomb
lower prices, thus making trading conditions difficult: HE Docks came in for enquiry and changed hands at $18.80. Business has been reported in Trams at $16.10 but later shares rould be obtained at $15.99. There has been Bowne demand for China Lights (0) with sales reported at $73. Ropes had sales at $5 and Electrics at $50. Hotels were wanted at $4.45 with selers at $4.65.
The Manila market has also been quiet and prices have been inclined to sag through lack of interest. Benguet Consolidated bas announced a 100% stock dividend to shareholders registered on 17th November
H. K. STOCK EXCHANGE
Perhaps the morning's trading
is best described by stating the day is Saturday and a half day
$1350
£84
£4
垄信
£2:4
£114
$72
50 cta.
$205 $300
$1
+7
8170
Douglas...meman
$70
812
Bteamboats
$16
860
Hado-China -
(Prod.)
$50
Dairy Farms (Old), $194.
230
Indo-Chinas (Del.).......
$20
83/0
Shella
83/9
$8
$1}
Canton Ingarandee Unica Inraran OGS UnderwriterE
$175 HK. Firse
$10
Esabe
34
4 ota.
Shipping
34.20
28.10 Waterbosta
Docks, Wharves.
Godowns, etc.
$101 H.K. & K. Wharres
$4.20 Providents
Providenia (new) .....
HK. & W. Decks...
* Do. (new) siroman
#204 Shangbai Docks 8.
$14.40 New Engineering &
Mining
18/0 Kailan
Venezuela Gold Vide
Hong Kong Mixes Lands, Hotels and Buildings
$4.55 H.K.. Hotala
#331 H.E. Lande.........B.
$100 Do. 1% Debentures 10.30 Shanghai Lands 8.
H.K. Beation Liter
$71 Humphreyfi cozon $100 Chinese Estates.....
Cotton Mills
822 Ewo (8)
8170 8'hal Cottone (8)
$12 Zoong Binge (B.) $461 Wing On Textiles (B.)
Public Utilities
Tramways
#7 40 Pook Trams (old)
33:70 Pok Trams (Dww) .......
Star Ferries
Yimmi Ferri
: 1
$15.70 $18
$511
#221
$7.60
$401
$20.60
G
$14.80 $14.00
**
*
$7}
+
8. 1 :::
::
...
#01
-
:
:
$18.80
$4.16
as regards business.
BUYERS
Telephones (Old), $20).
SALES
い
FINANCE
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
* MONDAY, NOVEMBER 20. 1939. -PAGE 9
Press
Hongkong Daily
CLASSIFIED
"
ADVERTISEMENTS
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. 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 in stock at reasonable prices.
Alterations undertaken on Ladies' Furs and Foxes.
LONG
Corner Peking Road.
USE
KEE
31 NATHAN ROAD
Tel. 50451.
SPECIALTY SHOPS
MADE YOUR HOME CHARMING !
B. B. Co., LAMPSHADE
44A. NATHAN ROAD, KOWLOOŃ,
ment
FOR SALE'
Canteen sets, 208 pleces each; complete with attractive cabinets; Peking carpets; large assort- Madies bags; attractive silverwate Including cigarette cases for ideal Christmas gifts; and crystal glass for sale at most reasonable prices made possible by small overhead. Apply No. 10, Bayview Mansions, top Causeway Bay.
Boor,
1339
MANILA GOLD SHARES
CHINESE LEGAL Antamoks 15 s, Atoks 18 b Bagulo Gold 141 b, Batong Buhas TENDER IN S'HAI 0095 b. Benguet Consol 11,20 b.
SHANGHAI Nov. 17 (Inţi)—~ | $101 Big Wedza 21 b, Coco Wedge 173 Despite the Japanese threat to ban
s, Consol. Mines 0035 b, Demon- the import of legal tender, a su strations 07 D. LX. L. 38 b. Ipo of about $10,000,000 Chinese gov- Gold 16 b, Itogons 23's, Masbate ernment notes was unloaded from Con. 09s. Mind. Motherlode 07 b a steamer and delivered to the Mine Operations 081 b. North Hongkong and Shanghat Banking Camarines 14 b. Para ale Gum Corporation on Wednesday. maus 17 b, San Mauricio 75 b. Surigao Con. 16) b, "Suyoc Con. 121 b, Syndicate Inv. 018 s, United Paracale 31} &.
$204
$14
38/0
I
PHILIPPINE GOLD MINING QUOTATIONS
Atoks
The Chinese dollar made a slight advance this morning in spite of the Japanese landing, operations near Pakhoi, indicating that such and and sea invasion has no effect on the general situation
(mt/1)— SHANGHAI, Nov. 17 Remittances
money from
ZQ
are
Shanghai to Free China during 0095 the past several months 11.20 steadily increasing, and in August 21 and September these remittances 17) totalled
each about $50,000,000 003 month, according to vernacular
In October, they reached the re- cord high figure of $100,000,000.
$4,60
$39)
18
08*/m
Antamoks
15
Baguio Gold
14
$4.30
Batong Buhay
$7.30
Benguet Consol,
Eg Wedge
$91.90
Coco Grove
$170
Consol. Mines
$42
Demonstrations
08
papers.
$100
I. Z. L.......
38.
Ipo Gold
13
$15,70
Itogons Mining
29
87 40
Mambulao Consol
091
$3.70
LONDON METALS
$81
Mine Operations
08)
#221
North Camarines
14
Do. (new)
Paracale Gumaus
17
London, Nov, 17 (Reuter).
China Light (0)
"San Mauricio
75
TIN
84)
China Lights Eta.
Burigao Consol.
161
H.K. Electrica
$401
150
Buyóc Consol, ..............
124
buyers £
sellers £
Syndicate Investment
018
8tandard, Caan 250
unquoted
$11 Bandakna Lights wom
United Faracales
317
Standard,
391
Mindanao Motherlode
071
3 months 230
unquoted
$7
!
19/6
---
Chins Lights (New)
Macao Electrion ".
Telephorses · (old) ...... {Telephones (new)
18/0" Traction
18/8Tractions (prof.)
Industriali Cald., Mang. (Ced.) &.
$13 . Cald., Macg. (Prel.) 8.
Canton Tow
Comenta
| Ropes mo
MiscellaneoUS
Dairy Farm (Old) $191. Dairy Farin (New)
Ch. E'tainmail *** $1,55 | Constructions (old)
Constructions Lane Crawfords Napyang
Tobo00
$1.80 Sincares mumerämien
Wan
::
བློ་སྐ་བ་
3
2
EXCHANGE
HONGKONG SHAREBROKERS'
ASSOCIATION
VOLUME OF BUSINESS TRANSACTED FOR WEEK ENDING
NOV 17, 1939
SHING
SUMMER
Brooke Bond
THE
BETTER
IN
FROM ALL COMPAEDORES
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
SWIM
SUITS
COMPANY
20 Queen's Road Central Kayamally Bldg.
Tel. 30862
TAILORING SHOP
WE TAILOR
MEN'S WBAR
SUMMER
SHIRTS
TEL. 50729"
REHMAN'S
LADIES 4 CENTS TAILORS OUTFITTERS, SILK & SUNDRIES
TEL: 59493.
65 KATHAN ROAD
HING
DEALERS IN
STORE
PORTUGUESE GOODS
*
MACAO NATIVE PRODUCTS
38A, HANKOW ROAD.
KOWLOON.
AUCTIONEERS
GREATEST COLLECTION OF BARGAINS IN TOWN!
ነ፣
LAMMERT'S AUCTION ROOM Lammert Brothers--2, Commnught Road Central. Telephone No 20224
Dutch Grown Bulbs Narcissus (Daffodils) Tulips and Hyacinths
·Biso
Best Varieties of Tested Flower & Vegetable Seeds
all for
Immediate Planting.
Now Obtainable At
GRACA & CO.
10 Wyndham St., Hong Kong
Established 1899. "..
THE MOST RELIABLE LIQUID INSECTICIDE
GEE IT'S SWELL
NOT TO BE BOTHERED WITH
37-1
FLIES WHILE
WE EAT!
THAT'S BECAUSE
1 SPRAYED WITH FLY-TOX. I USE IT BEFORE EVERY MEAL NOW
GEMAND THE GENUINE
FLY-TOX
Obtainable at all leading Drug and Department Stores Bole Distributors UNITED TRADERS HONG KONG
$15
#191
$19
86,45
HK. Docks
Provident's
205 1000
$19.00 to
4.071
$18.75
Watsona
525
7.90
871
Yaumati Ferries
120
22.75
China Lights (0)
2167
7.75
314
China Lights (N)
116
4.80
$7.90 $8.10
48" Ch. G.5% 1995Ɑ güdə, $100 HE. Gort, 4% Loans
49%
Ropes
1000
5.00
91').
Trams
800
16.10 to
16.95
$97
H.E. Govt. 31%Loop
Dalry Farms ..
100
19.50
H.K. Wing C
Taléphones (N)
200
7,00
BUTTERICK LADIES TAILOR
$10
Electrics
50
50.00
Wing On Textiles Rouba
50
35,50
1500
9.50
100 Ps 1120.
400 P 11.30
Ready made Costumes, overcoats, to and evening dresses made order. No. 16 Wyndham St. Tel. 28615.
15/0
B'hal Wing On..................
#8 Vibro Piling
Marmuass’Inv. (Loc.) Margmans Inv. (HK) Wm. Powell s *Bales to Shanghal
Benguet Comstil.
Benguet Consol
HOTELS
MARBLE HALL (and Annexe Private Hotel), Granville and
courts. 103, Austin Roads, Rovioon. tennia Beautiful garden. Rooms and suites, with pvate bathrooms. All modern conveniences. Apply proprietress, 103, Austin Boad.
Phone: 10223 and 86, Granville Road. Phone 80433..
METROPOLE HOTEL
Central, Clean, Comfortable.
All modern conveniences. All rooms with Private Bath, Mo-
derate Dally or Monthly rates. Fully licenced. Tea Dance
Dally. 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
12, Chin Lang St.
CONTRACTORS ·
Tel. 34010.
RADIO SERVICE
For prompt and efficient 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 freedemonstration,
CHUEN YEE HONG
54 Des Voeux Road C.
HOME SERVICE.
Telephone 24311.
Worried by WHITE ANTS
Plan their Eradication-Consult
Thomas Cowan & Co. Jardine, Matheson & Co., Ltd.
Queen's Building, Phone 80722.:
Agents in:
Hong Kong-Canton-Swatow-Foochow
Phone 30311.
Inspection & Estimates Free.
Jimmy's
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street.. Telephone No. 22224.
BAGGAGE TRANSFERS}
* AT LOW COST"
PACKING & SHIPPING INWARD SHIPMENTS
CLEARED & DELIVERED.
·ESTIMATES ON REQUEST COLONY BAGGAGE TRANSFER
SERVICE Proprietors
COMPANY.
THE COLONY TRANSPORTATION
Hare Kors.
Tel: 34423.