1940-01-15 — Page 9

24

1.

HONGKONG DAILY PRESS

Finance and Commerce

Hsikuangshan - China's Great Mine Supplies Half World's Antimony

#

CHUNGKING, Jan, 5' (CIC.)--Contributing, about 70 per cent of the world's total production "of antimony, China has been and is still the world's most important producer of this valuable metal Approximately 70 to 80 per cent of the antimony reserves in China are in Halkuangsbari In Singhua district, Hunan. Hence Haikuangshan is the richest antimony centre in the world.

FINANCE

HONGKONG

SHAREBROKERS

ASSOCIATION

EQUALISATION OF PRICES

Of

Volume Of Business Transacted

CHUNGKING. Jan. 13 (Central) Jan. 13, 1940

-The Ministry ·

Economic 1000 9.20 Affairs has opened a Price Equali- 500 18.70 sation Purchasing Office. whose 500 18.78 function is to keep an adequate 250 4.73 supply of necessary commodities 500 21.00 in the market to prevent rise 200 17.70 prices.

H.K. STOCK EXCHANGE

A.S. Watsons Cements Cements....... China Providents

- At the slightly lower rate of $21) H.K, Docks Docks were a feature of the mom- H.K, Trama ing's trading. Shares changed Raube hands at $21) after which 3200 shares passed at $21, Cements were again in favour sales reported at $18.70 and $183. Transactions, were

also recorded in Cantons, Watsons Govern. 4% Loan & Trams, Market

BUYERS

Union Ins, $460, Douglases, $724. Wharves, $102 Docks $21. "Providents, $4.65

Lands, $334. Humphreys. $8.10. Realtles, $43.

In China, the

production of According to the miners at Hsi- closing steady. antimony was at its peak during kuangshan, this old method of "the years

of the Great War in smelting excels the modem smelt- Europe. Exports at 'that time | Ing machine. Machines were used reached more than 30,000 tons a for a short time at Hsikuangshan year. This boom of the antimony but they were soon dropped be- business in wartime was due to cause of a decrease in the output. the fact that the metal is used in By using the old method, it is said munitions making. Since the 1918 that sometimes 99 per cent of the Armistice, the production had metal can be extracted. dropped tremendously. In récent

STATE CONTROL years there have been many rises In order to exercise better con- and falls in the mining of anti-trol over the antimony trade, the

44

mony.. st

At

NEW-OLD METHODS

ancient

Chinese government has establish- ed, as in the case of tungsten, a special bureau in Hunan to take charge of the production. The ob-

from

the mines

nf

Halkuangshan. methods of mining are still being ject is to raise the quality of the used today. The smelting process product, and to stabilize supply for antimony as practised in China and demand so that is a combination of old and new shall operate profitably without methods. In the -cake-lined

suffering furnaces, intimony ores are cover Present monthly production

over-production. ed with another layer of coke which antimony varies from 850 to 850 Is spread on the top. Ovidization tons. An antimony traders' guild of the ore follows. By pumping has been organized by those" en- cold af into the furnaces, the gaged in this industry, and miners ovidized gaseous antimony. to- gether with the smoke from the so have their own union. coke, is forced into a chilled metal tube. Because of their relative density, the smoke which floats on top escapes from the chimneys while the heavier "antimony gas 1 passed into a cooler, in which it forms an ashy substance. Two days of intensive heating are re-

schools for the labourers as well as Lately a hospital and three

workers have been formed for the two schools for the children of the

benefit of the miners in the Hs!- kuangshan district,

Tramways, $17.40. Yaumati Ferries, $24, China Lights (Old), 511. China Lights (New), $41. Electrics, $554. *** Sandakan Lights $11. Telephones (Old), $9,50. Cements, $18.70.

Dairy Farms (New), $21. Watsons, $9.15. Entertainments, $8.90. Vibro Piling, $8).

SELLERS

Docks, $21 Cements, $19. Watsons, $91.

SALES

Canton Ins. $207 Docks, $211/21, Tramways, $172 Cements, $18.701.75. Watsons. 59.20. Govern. 4% Loan, $101.

quired for the second stage of HONGKONG SHARE QUOTATIONS

smelting at the end of which anti-

mony is In molten, liquid fórm.] STOCK EXCHANGE

The quid metal is then cast into molds and bars of antimony arg formed.

THE WAR & BRITAIN'S ECONOMY

EXTRACTS" FROM:

THE PRESS

THE COST OF LIVING index figure, announced the Ministry of Labour last night, increased by 24% for October, as against a rise of 6% In September, Cost of food alone went up 21% for October and

9% in September-Daily Telegraph, Nov. 4,

THE PRICE OF PETROL is raised by 1d to 1/94d. a" gallon as from today. The price was fixed on the outbreak of war at 1/6d, and was increased to 1/8d. last month- Financial Times, Nov, 3.

ALTHOUGH AN INCREASE In coal prices was sanctioned by the Mines Department last week, it was not so great as that demanded by the coal owners, who have now arranged a meeting of the Central Council to consider the heavy rise

production In

costs. Financial Times, Nov. 3.

THE JOINT DISTRICT WAGES BOARD, which includes répresen- tatives of coal owners and miners. yesterday decided that there should te no strikes or lock-outs for the duration of the war, or for six months following.-Daily Mall, Nov. 1.

Mayers Balbri Baler Nomina

$480'

$180

$724

BICO

$20

***

***

8102 $485

$4.70

821 $212

38.70

งว

#331

રોન

8.10

SHAREBROKERS' ASSOCIATION

SATURDAY 13

JAN.

Bankc

$1370 H.K. Banks on...ER

88

Do. (Col. Reg.)

£881

Do. (Loo, Beg.) ...

£8

Chartered Bank.....

2 Mercantile Bks. "A"

21

Mercantile Bka. "gr

878

Bank of East Asia ...

N. C. & S. Banks

Insurancés

$205 Canton Insurance -

$11

Buyers Ballers Balea Nominal

MARKETING

500 9,90

FOR CO-OPERATIVES

of

af

At & press reception, yesterday, Mr. Y. S, Djang, chief of the De- partment of Commerce of the CENTRE Ministry, "and concurrently direc the Purchasing Omice, stated that the Office operates In CHUNGKING, Jan. 13 (Central) | accordance with the principle of A meeting of the representa-lowering the living standard of tives of the co-operatives in Sze the people and yet aafeguarding chuen, Klangst, Shensi, Kwelchow. the legitimate profit of the mer- Hunan, Kwangsi and other pro- chants. vinces was called by the Farmers Bank of China here last week to discuss measures for the promo- tion of the co-operatives move ment.

Among the decisions is the es tablishment of a joint marketing centre at Changking. with branches in other places at home and abroad. Capital for the pro- jected cenre has been tentatively Axed at $3,000,000.

SHOE CO.LTD

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

An initial capital of $20,000,000, according to M Djang, has been allotted by the Joint Office of the Central Bank of China, the Bank of China, the Bank of Communi cations and the Farmers' Bank.

Large consignments of clothing materials, foodstuffs, fuel and daily necessaries have been OT< dered. These will be sold to re- tailers, allowing them to make 20 per cen: proût.

MONDAY, JANUARY 15, 1940. -PAGE ·

SAY

Gordon's

...and know what you're drinking

GORDONS

DRYGIN

DISTILLERY LONDON,

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

MARBLE HALL

(and Annexe Private Hotel). 34, Granville and 103, Austin Ronds, Kowloon, tennis courts.. Beautiful garden. Rooms and sultes with private bathrooms. All-modern conveniences. Apply proprietress, 103, Austin Road. Phone 50233 and 34, Granville

Road. Phone 59433...

RELIABLE TAILORING

LADIES AND GENTS. TAILORS

We are disposing of all our present stocks of Ladies' Goods at price less than cost, as we shall from 1st Janu arys be changing our business over to the sale of Gents' Goods, and must make room for new stocks shortly arriv- ing.

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.

$1385

488

£66

£297

£11

$75

$200

Union InsuŢANOSS

ve

$460

Underwriters.

80 cta

H.K. Firs

$175

$79

811

USE

W

$100

$125

77/101

$7.40

(Prot.)

*****

i

24.65

$4.70

#21.60

+++

!:

Shipping

Douglasss...

Steamboats

Indo-Obinna

Indo-Chinas (Det.)...

77/10 Bbelle

Waterbosta

Docks, Wharves,

Godowns, etc.

H.K. & K. Wharvos❘ $109 Providente

Provideata (saw) ..........

H.K. & W. Docks...

Do. (new)

3234 Shanghai Docks 8..... $10.00 New Engineering

18/0 Kailan

Mining

$10 Bzabe.....

34

Venezuela Gold Flas

3 cta Hong Kong Mines ...

Lands, Hotels and

Buildings

H.K. Hotala {(1,5. Landa “mébe $100 Do.. 4% Debenturie $15 Shanghai Lands

B.K. Realtim

Humphreys.****

$101 Chinese Estat

Cotton Mills

$182 (8) Cotions (8.)

$44 Zoong Bings (B.) ..... $481 Wing On Tactiles (8.)

Public Utilities

Tramways Manganesora

831 Ewo (B.)

8:31

$4.40

ZA

#

$5.75

::

***

$230

822

18/0

$10

$3

Corner Peking Road.

SPECIALTY SHOPS

Telephone No. 50451

TEL: 59493.

Corner Peking Bozd.

Telephone, No. 56846

Tel: 50451

MADE YOUR HOME CHARMING !

B. B. Co., LAMPSHADE

M4A, NATHAN BOAD, KOWLOON.

AUCTIONEERS

GREATEST COLLECTION DE BARGAINS IN TOWN!

LAMBERTS ACTION ROOM Lonument H

TARTANS NO 2012

Jimmy's

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street.

Telephone No. 22224,

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

THE EMPRESS STORE

54 Nathan Road, Kowloon-Telephone 57155 SPECIAL SALES ON BUSCUITS

PRICES:"

Jacob's Belvedere $130.

Carr's Numilk $1.50

Huntley & Palmers Family Assorted $2.00.

and many others.

Inspection cordially invited

LOST

100%

Gold wristlet walḍli (man's) between made by Benson, Carnarvon Road, Kowloon, and Barker Road, Peak... Reward. E. J. T. WARREN, 453 Peak.

1348

$31

$162

$44

$100

017 60

3174

#171

We have in Stock and for Sale

88

Pank Trama (old)

WOOL, earmarked for the Gov- inment on the outbreak of war,

Peak Traces (10%) ---

398 Star Farrise

$70"

Y'mati Ferries

$24

Do. (a)

$7.85/95..

China Light (0)

Chips Lights Ris

...

$7.85/A&

#43

in to be released for civil use, an- 124

nounced the Government Wool

control last

Nov, 7.

night-Daily Mall.

018

$25

$25+

$8.60

99.60

LONDON WOOL Brokers and distributors are to hold a protest meeting at the Wool Exchange on $11 Tuesday next. They fear that the apparent intention to exclude them from the Wool Control Scheme, which will operate from Bradford,

will put them out of business.-

:

China Lights (New)

H.K. Electrics

Macao Blackri

Sandakan Lights

Telephones (old)

Telephones (DFW) ***

19/3 Tractions

18/9 Tractions (proč.)

Indestrials

$14.90 Cald., Moog,, (Ord.) 8.

$13

$1

MR. LENNOX-BOYD told the 1818.70 $18.65/60

L

Cald., Haeg (Pref.) §.

Canton lowerpot.com Coache

$8.10 Ropin

MiscellaneoTLE

Dairy Farm (Old). Dairy Farm (New)

Ch. É'tainmanis *** Constructions

Daily Telegraph, Nov. 7.

House yesterday that the Ministry

of Food had been experimenting with war-time substitute for bacon, "Mutton-bacon is a Scottish food,

$22 60/10

$214 $0.80

but has not yet been produced #17 commercially.-Daily Mail, Nov. 12. NEGOTIATIONS has begun beb-

$1

17

Lave Crawford

ween the London Chamber of

Commerce and German shipowners $9.20 30 for the release of British-owned

cargoes worth between £3,000,000

$101

and £5,000,000, which are in Ger-

(مسلم)

Constructions. (now)

Nazyang Tobicon

$1.80 Biorepacka

Watsons

391.

Ch. G.5%, 1930 $Bd. H., Gori, 4%, Lo $87 H.K. Gor. Big Lasa $41 H. Wing On

***

What Wing On

man shipe sheltering in neutral ports. Full freight charges plus from 10 to 35 per cent of the cargo Talue is being demanded by the German owners-News Chron- fele, Nov. 5.

8001

8251 $9.50

$5.00

$1.80

$18.00/.65

$8 20

$12.60

89.30

$10

Viber Pilingumann

|14/9

| Marsmans Igy. (Lon.)

1/0

Maxemada Inv. (HK).

Wia. Powells

Great Varieties of used and unused

POSTAGE STAMPS

in sets, bags, packets, single, and in approval books for collections

also

Flower & Vegetable Seeds

GRACA & CO.

Dealers in Postage Stamps, Religious Goods, Garden Seeds, Toys, etc., etc.. No. 10, WYNDHAM STREET.

HONG KONG PO. Box No. 820,

Established 1896.

What do

you want ?

If there is anything you want to buy or sell, try a Classified

homeadvertise-

ment in the Hong- kong Daily Presi

25 words $1.00 prepaid

for 3 insertions..

BUTTERICK LADIES TAILOR

Ready made Costumes, overcoats, and evening dresses made to order. No. 16 Wyndham St. Tel. 23815.

THE MOST RELIABLE LIQUID INSECTICIDE

GEE, IT'S SWELL

NOT TO BE BOTHERED. WITH

FUES' WHILE WE EAT!

THAT'S BECAUSE

J SPRAYED WITH FLY-TOK, FUSE IT. BEFORE EVERY MEAL

DEMAND THE GENUINE

FLY-TOX

Optainable at all leading Drug

'and Department Stores

Bola Distributors UNITED TRADERS TONG TONG

HOTELS

METROPOLE HOTEL Central, Clean, Comfortable,

All modern conveniences. All rooms with Private Bath, Mo- derate Daily or Monthly rates. Fully licenced. Tea Dance Daily. Latest Swing Band. 5-7.30 p.m. Tel. 24425.

THOMPSON

LADIES'

38,

TAILOR

MODERN DRESS

CHEAP SALE

NATHAN ROAD, KOWLOON.

FOR XMAS & NEW YEAR GIVE A ZENITH 1940 MODEL 58313 ALL WAVE SET. $99.50

GUARANTEE, TO RECEIVE LONDON. PARIS, MOSCOW &c. DIRECT. CHUEN YEE HONG

54 Des Voeux Road 0.

Takphone 24311."