HONGKONG DAILY PRESS
Finance and Commerce
Coal Mining In Szechwan
OVER 1,000,000 TONS
PRODUCED
CHUNGKING, Nov. 6 (Central) Over 1,000,000 tons of coal were produced in Szechwan, according to recently published figureș. East Szechwan produced over half of 525,000 tons, west Szechwan 300,000 tons and middle Szechwan 175.000
tons, w
Development Of Chinghai
SINING, CHINGHAI, Nov. 6 (Central) The development of Chinghai province is proceed- ing with satisfactory results.
Thirteen new highways, totalling over 3,000 Chinese 11, have been built. Afforestation along the banks of the Yellow "River and Tatung River is pro- gressing speedily, some 2.000.000 trees having been planted
RICH GOLD MINES Exploitation of the rich gold mines in the province is also being
- Chungking alone consumes 400.- 000 tons of coal a year. With so many factories moved from down-mude. river cities, the demand for coal in the wartime capital is increasing continuously.
༥
GOOD, FUTURE Coal mines in East Szechwan are assured of a good future, as
reserves they have better
MONEY AND EXCHANGE
CLOSING QUOTATIONS"
NOVEMBER 1939
On London:-
1
Telegraphic Transfer. 1/9 7/8 Bank Hills, on demand1/4 7/8 Credits 4 months' sight 1/3 1/4 On Shanghai:-
On demand
On Singapore:---
200
On demand
19 3/4
On Japan:-
On demand
+4
on
India-
Telegraphic Transfer.
-89 38
and demand
On
New York:-
Bank Bills, on derband 24 9/13 Credits, 60 days' sight 25 3,8 Batavia:—
On demand On. Paris:
In the educational field, a mass education programme is enforced. Even 60-year old women are enter- ing schools with their youngsters.
As a result of a rigorous oplumun suppression programme, the pro-]
rld and great number of opluni ad- dicts, Smokers under 40 years old are subject to death punishment. on The cultivation of poppy has been |- practically stopped.
vince
has
been
45 1/2
Bank Bills, on demand 1790 Credits 4 months' sight 1:45 Baigon
transportation facilities. Along the Klaling River which meets the Yantze River at Chungking, no less than 300 coal mines are operating Coal mines in West Szechwan are centered between the Min and the Tatu Rivers. When the Suifu-authorities have trained some 200,- | Kunming Railway is completed and 000 able-bodies males in military Sterling Notes:- when new industrial centers are tactics. More are undergoing the established at Loshan and Ipin the training now. demand for coal in that region will necessarily increase.
On demand Du Manila:- To supply manpower for the On demand chinese
provincial On Bangkok:--- armies the
On demand
LARGE AREA
...... 148
49 1/8
Bank Buying Rate Bar Silver per 0%
.... 140 1.2
... 1/3 7/8
23-1/16
the Chung Fu Mining Administra- Marker Report
North of the Mapien River the tion, the Ming Sung Industrial Ministry of Economic Affairs has Company and the Mel Feng Bank. marked out a large mining area. A part of the machines and miners A $1,200.000 Klayang Coal Com-from the Chung Fu Mines in pany has been organised by the Tsfactso. Honan, are being utilised National Resources Commission, by the Klayang Coal Company.
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
(Bayerleri
$71
Sales
Nomical
SHAREBROKERS' ASSOCIATION
MONDAY 6.
NOV.
Banks
21335 H,K. Banks
Do. (Col. Bag-)
£89
Do. (Lou. Bag.)
82
Chartered Banks.....
97 Mercantile Bk. "A"
£ Mercantile B. "C"
Bast of East Asia ...
N. C. & 8. Baaks
Insurances
3:05 Canton Ingarances
$400 Union Insurances 211
Underwriters
$175 H.E. Firea
Douglass ......
Shipping
$10
813
Steamboats
880
Indo-Chines
"
(Prof.)
830 Indo-Chinas (Del.)...
A6/10 Bhells
88.10 Waterbosta
$2.60
32 cts.
8172 Shanghal Dooks B....
$1440|Naw "Engineerings 8.
Mining
13/9 Kailans
Hayers Boliers Hal Nomina
3144
FROM ROZA BROS. Silver
unchanged prices were over the week-end, the quotations remaining at 23.1/16 for Ready and 23
for Forward. Silver ad- vices were not received. American Silver was quoted at 34.3/4 for Spot.
The London/New York Cross- rate was quoted at 402. New York! London was quoted at 390.1/4.
Market
Quiet.
Sterling
Some business was reported at 1/3 for Cash. The market closed at i p.m. with sellers at 1/2.31/32- $1345 November/January, bayers at 1/3. 31/32 Cash and a small buyer" at
1/3 November.
£6
£271
£11
$72
60 cta.
$200
-81
$400
8170
367
813
850
820
$8
U.S. Dollars " Sellers at 24.11/16 November, buyers at 24.13/16 November, prob- ably Cash.
Shanghai Dollars
There were sellers early in the morning at 287. The lowest rate touched was 254 and towards the close sellers were quoted at 268.
Shanghal Market
Erratic. Sterling opened with sellers for Spot at 5.10/32. The highest rate touched was 5.7/8. The market closed easy with sell- ers at 5.17/32 for Spot.
Afternoon. Market
Sterling
The market Anished with sellers at 1/2.31/32 - November/January, buyers at 1/3 November, possibly Cash.
Docks, Wharves,
Godowns, etc.
$100
$101
H.E. & E. Warm $102
84.05 Providenta
$4
Providente (new)
Quiet,
$18
H.E. & W. Dooks..... | $18Į
Do. (new).
$18 35
$162 $14
13/9
Hache......
810
$4
Venezuela Gold Fids
34
Hong Kong Mix ...
Lands, Hotels and
Buildings
ber.
H.E. Lands
....B. 8321
8.
Shanghai Dollars
987.
270,
$4
$7.90
32
24.15
1.1
$18.90 $16.10). $16
34H.E. Hotels
рат
Da. 4% Debecziuros 38.65 Bhanghai Lands
H.K. Beities vaata 87 Humphrey
$100 Chinees Estates .......
Cotton Mill
$22 Ewo (8.)
#175 8hal Cottons (8.) ... $42 Zoong Bings (8) $481 Wing On Textilan (8.)
Public Utilities
Trunways
87 40 Pak Teamna (old)
83.70 Peak Trama (new)
$61 Btar Ferries
Y'mati Ferries
Do, (new)
China Lights (0)
China Lights (New)
China Lights Ria,
$221
$7,60 #42
#201
UUTTE
##
18,0 Trsations
18/6 Tractions (prof.)
U.S. Dollars
The market closed with sellers at 24.11/16 November, buyers at 24.13/16 Cash and 243/4 Decem-
Shanghai Market
Towards the close there were sellers at 5.17/32 for Spot.
#21.60 Shanghai Exchange
$162
$49
#00
..
$15.56 $18
$15.90
0221
***
FINANCE
SHOE CO.LTD.
HONGKONG SUPPLIES ALL :
HINDS OF
FOOTWEAR
TUESDAY, NOVEMBER 7, 1939: -PACE
Hongkong Daily Press CLASSIFIED
ADVERTISEMENTS
RELIABLE TAILORING
LADIES AND GENTS. TAILORS
Large assortment of Guaranteed English Material and Gents' Neckties, Shirts, Socks and Collars just ar- rived. Avaliable at reasonable prices. Fall satisfaction Guaranteed.
THE JUBILEE SILK STORE Specialists in Gents Wear, Sulta, Shirts, Pyjamas and Underwear.
31 Nathan Road, Kowloon
Corner Peking Road:
Telephone No. 50451
E1
SUMMER
Brooke Bond
BETTER
MOTORLEILE
FROM ALL COMP JAGRICHTER
DRESSES, DAT & 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. 56848.
Do not MISS your OPPORTUNITY while in HONGKONG
COME and SEE the WONDERS that
NEPTUNE has made.
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
Tel. 50451.
1
NEPTUNE PRODUCTS COMPANY
SWIM
SUITS
20 Queen's Road Central Kayamally Bldg.
Tel. 30862
TAILORING SHOP
SUMMER
HIRTS
Corner Peking Road,
USE
THOMPSON
LADIES'
38,
TAILOR
MODERN DRESS
CHEAP SALE
NATHAN ROAD, KOWLOON,
SPECIALTY SHOPS
MADE YOUR HOME CHARMING !"
B. B. Co., LAMPSHADE
44A. NATHAN ROAD, KOWLOON.
H. K. STOCK EXCHANGE
The week has opened quietly with a moderate enquiry prices being fairly well maintained.
BUYERS
Bank of East Asia, $71,
Douglases, $70.
Docks, $18.
Providerits, $3.95,
FK Mines, 37 cts. Lands, $32.
Yaumati Ferries, $231. Cements, $14.10. Dairy Farms (Old), $192.
SELLERS
Yaumati Ferries, $18.10. Dairy Farms (Old), $20.. ELK. Govt, 31% 1Jan. 97.
SALES
Yaumati Ferries, $18. Electrics, $50 Telephones (Old), $201. Cements, $14
;
MANILA GOLD SHARES Antamoks, 18 s, Atoks 19 s Baguio Gold 15 b, Batong Buhay Shanghai, Nov, š (Reyter). 0130 s. Benguet Consul 10.90 s. Very erratic conditions are pre- Big Wedge 23 a. Como Grove 173 valling in the local Exchange Mar-8, Consol. Mines 0030 a. Demon- ket this morning, with no real ten- strations 871 b, I X. L. 40 s. Ipo $7.40 dency evident either way. Both Gold, 14 s. Itogons 241 8, Mam- $3.70 buying and selling orders have ap- bulso 041 s, Mastates da) $ 860
peared in the market, with the low Mind. Motherlode, 084 8, ne levels so far for the morning Operation 00s, North Camarines $7.80 touching 5-9/16d and US$9-3/16, 15 s, Paracale Gummaus 174 s. San whilst the highest levels reached Mauricio 77 8. Surigao Consol. 17 are 6-7/84, and U.S.$0-11/16. The s. Sujoe Consol, 14t s, United Para"
big banks bought at the high levels, Suyoc Consol, 14t s. United Para
Official TT. Rates
HONGKONG
SHAREBROKERS'
ASSOCIATION
cale 32 s.
Opening 075 8-1/4
35-1/6
27-5/8
3.66 ...... 33-1/4 Bellers
841
***
360
H.X. Electrice ........
$50
318 Macao Electriog
811) Bandakan Ligbis
$201
Telephones (old) ................ | #201
· #7,60 |Talaphones (naw}
$7.10
London
+
22/-
New York
Japan
Industrials
India
814
Cald., Mang. (Ord.) 8.
Paris
Cald., Macg. (Fraf.) 8.
Hongkong
$1
Canton Los
$14.36
$14
Caments
142
$4.90 Ropes
$4.80
Miscellaneous
$194 020
Dairy Farm (Old) ...
$20
$19 Dairy Farm (New)...
319
(all)
$6.60 914
(NOW)
Spot ******
Nov.
U.S. Dollars
$9-7/32 9-3/18
Dec.
9-1/18
$1.98
H
479%
98
94.40 Ch. 'tainments ***
$1.55 Constructions
$1
Constructions
$74 Lane Crawforda
Nanyang Tobacco
$1.80 Bipper
Watsons
Ch. G.6% 1925G #Bde.
$7.86
47
$100
E. Gos, 4% Loss
$97
HK. Gört, 3}%Loss
641
H.K. Wing Os, dán
12/8
4/0
31W
Bhat Wing On men
Vibro Piling wit {Marsmana Int” (Lac
} Maremanis Inv. (EL)
Fowells „*...
$10
Closing Opening. Spot 0/5-37/84 0/5-29/64 Nov. ...... 0/5-9/100/5-7/16
0/5-3/8 Dec. 0/5-1/2
$9
8-31/32 8-7/8
Market:-Steady.
"Merchant Rates
Sterling, 0/5-3/8.
U.S. Dollars, $8-7/8..
• Silver Duty · Rate 88 The Central Bank of China's rate on London at 10 am, to-day was 1/2-1/24 mar
The Equalisation rate was 223 per cent.
Volume Of Business Transacted.
on Monday, Nov. 6, 1939.
HK Trams ............ 200. $15.90 16.00 HK. Trams. ******
50.00 7.75 17.80
HK. Hectric
200 ... 100 China Lights (0) ... 200
H.K. Docks
38
On Lok Yuen
20.
5.00
Bale on Nov. 4, 1939.
CHINESE GOVT.
BONDS RISE
SHANGHAL, Nov. 6 (Int'l)---- Chinese Government bonds and currency continued to rise over the week-end, indicating a general confidence in these issues. The upward tendency of government bonds and legal tender give rise to much relief and optimism.
Chinese, banking circles believe'
SHING
TEL: 59493.
HING
DEALLES IN
STORE
PORTUGUESE GOODS
&
MACAO NATIVE PRODUCTS
36A, HANKOW ROAD,
KOWLOON.
AUCTIONEERS
GREATEST COLLECTION OF
· BARGAINS IN TOWN!
LAMMERT'S SUCTION ROOM Laminert Br.there 21 Connaught Road Ahntrol. Telephou « No. 20124.
"Dutch Grown Bulbs "Narcissus (Daffodile) Tulips and Hyacinths
also
| 65) NATHAN ROAD
WE TAILOR
MEN'S WEAR
REHMAN'S
TEL 50729.
LADIES & CENT'S TAILORS OUTFITTERS, SILK & SUNDRIES
HOTELS
MARBLE HALL (and Annexe. Private Hotel), 54, Granville and 103, Austin Roada, Kowloon, tennis courts. ©Beautiful garden, Rooms and suites, with ' rate bathrooma. All modern convenishces. Apply proprietress, 103, Austin Road.
Phone 10233" and 34, Granville Road. Phone 30653.,
METROPOLE HOTEL Central, Clean, Comfortable. All modern conveniences. All rooms with Private Bath. Mo- Tea Dance derate Dally or Monthly rates. Fully licenced.
Daly, Latest Swing Band. 5-7.30 p.m. Tel. 24425.
ELECTRICAL ENGINEERS
司公鬻電亞新
THE NEW ASIA CO.
ELECTRICAL ENGINEERS
And
HOUSE WIRING `CONTRACTORS 12, Chin Lung St.
RADIO SERVICE.
Tel. 34010.
For prompt and efficient service in radio repairs, and pur- chases of "ZEŃTCH” long distance radios for 1839, always ecall at EASTERN RADIO SERVICE LABORATORY.
1
228 Nathan Road.
Best Varieties of Tested Flower & Vegetable Seeds
" all for
Immediate Planting. Now Obtainable At
· GRACA & CO.
10 Wyndham St., Hong Kong
Established 1896.
E
Her EYES Won Hun
CLEAR MILKY WHITE LUSTROUS
THODZANDS CLEAR EYES. Je Soomde....N FYES reddored prominently sized by late
të hours or prae-indolease, thousands of girls now close fiam ja, mcouch. With new sõnnika EYE GENE. And what's differsons when whiter sau căsur **sparkling whita? Moony bacie liefaim Retribu soolkas tired eyes like magia. Etuinlanmazla. Clas EYE-GENE Bt way ding of departinais atze
EYE-GENE
Obtainable at all leading Drug & Department Steres
Bole Distributors;
UNITED TRADERS--Hong Kong.
that the present fincial outlook. will hold its own for some time.
1940
il
Kowloon, Hongkong.
ZENITH AND RCA VICTOR RADIO sets just arrived (Radio Repairs & Service)
Kindly call or telephone for a free demonstration,
CHUEN YEE HONG
4
54 Des Voeux Road C.
HOME SERVICE
Worried by
Telephone 24311.
WHITE ANTS
Plan their Eradication-Consult
Thomas Cowan & Co. Jardine, Matheson & Co., Ltd.
Queen's Building,
Phone 30722,
Agents in:
Hong Kong-Canton-Bwatow-Foochow
Phone 20311.
Inspection & Estimates Free.
Jimmy's
ENGRAVERS
FEI FEI & CO.
BAGGAGE TRANSFERSĮ
AT LOW COST PACKING & SHIPPING INWARD SHIPMENTS
2 CLEARED & DELIVERED
ESTIMATES ON REQUEST COLONY BAGGAGE TRANSFE
SLEVICE Proprietors
THE COLONY TRANSP
COMPANY
Tel: 34423.
No comments yet.
Private notes are available after approval.