-KING
PENANG
ILOILO
Troll
KARACHI
KLANG
KUBĖ
KUALA KANGSAR.
Perak (F.M.)
PEKINO
PENANG PESHAWAN RANGOON
SEMARANG SEREMBAN
SHANGHAT SINGAPORE SOUNABATA TAIPINO
TIENTSIN
TORYO
TONGHAH (Binski't). TSINGTAO
TOKOHAMA
ppína Talande) and General Foreign Exchange Banking business transacted.
BUYERS PREDOMINATE
share Messrs. Benjamin & Potts, and genera! brokers, in their weekly share report, state:
Since our last circular of the 20th instant the September Settlement has been satisfactorily negotiated. The local market has continued active throughout the week with a fair volume of business passing and prices generally rain show "farther in- Drovement, Buyers as a rule pre dominute and a larger turnover would
WEEKLY REVIEW
Messrs. Rudolph Wolf & Co., Lon- don in their weekly review of the metal markets for August 23, state: The markets continge quiet, but steady conditions have prevailed and prices, remaining stable throughout week, show very little
the
change as compared with last Friday's close. Tin Active
++
Steak Sixlots
...Sausages Bullock's Brains
ench
HONG KONG AND SHANGHAI BANKING CORPORATION.
Autborian Capal
$20,000,000
End and Fully Paid up $20,000,000 Reserve Funda
Sterling
Silver
---------$£4,000,000
Reserve Liability of Proprietors $20,000,000 BEAD OPTICE: HONG KONG.
DOARD OF DIRECTORS |—
. 8. Brown, no.
Chairman
W. H. Bell, Esq. Deputy Chairmata,
2200. Kr. B. D. F. Beit. A. H. Compton, Eaq.
M. T. Jane, Yag. B. La
AMOR
BANOROE
BATAVIA
SHAY
Lawin, Eng."
CALCUTTA
CANTON
CHEPU
COLUMBO DAIRES.
W
HAIPING
ETAN BAGS
HAKKIN
HAHUN
W. L. Petkunden, Eng.
T. E. Festés, Esq...
J. P. Warren, Esq. Chad Dém
lon. Mr. A. C. Byna.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON. Paid-up Capital
Agencies and Branches:
THE CHINA MAIL,
COMMERCE
AND
FINANCE.
METAL MARKET
SATURDAY, SEPTEMBER 28, 1929.
HONG KONG MARKET PRODUCE.
APPROXIMATE RETAIL PRICES.
Butcher Meat.
Prime Cat
.£8,000,000
Reserve Fund
.$4,000,000
Reserve Liability of Proprie
tors
£8,000,000
ALOR STAR
(Malay Siston)
KUALA LUMPUR RUCHING
SHARE MARKET
AMRITSAR
MADRAS
Beef Sirloin
BANGKOK
MANILA
MEDAY
NEW YORK
FAIR AMOUNT OF BUSINESS DONE
STABILITY OF PRICES AND CONDITIONS
Corned
發
Ronst
Breast
*
Soup
Steak
BATAVIA ROM BAY CALCUTTA CANTON CAWNPONE
CEBU
COLUMBO
DAIREN Dalny
South Manchuria
NAIGON
J. A. Permer, Eng:
DELHI
HAIPHONG
HASIRO
HANKOW
HARBIN
FMA)
TAWAY
TÙNG TONG
BRANCHES:-*
LONDON LYONS
NALACCA MANILA
MOJEDEN"
NAGASAKI
SEW YORK
(Mansurē)
ZAMBOANGA
A. H. FERGUSON,
Hong Kong, 8th January, 1929.
Poultry.
Capons, Small
Capons, Large
Eggs, Hen (cooking)...
- Sept. 19, June, June,
1929. 1918. 1914.
Cis. Cta. Cts.
4 RE
Bb.
28 24 12
Chicken
30 28 11
咸平
23
12
•
*ZB 24 22
Duck
24
20
18
}
Doves
24
20
18
N
*8
24 22
+
Eggs, Hen (froah)
90
12
26
20
10
12
Fowls, Canton Fowls, Hainan Geese
Tongue, fresh
IN each 86
50
Tongue, corned
牛關
服务
60
Head
+
.. $1.20
-$1.20
Heart
0
fb. 4
24
18
14
Hump. Salt 牛
魁
**
34
20
18
Fect
牛
27
HI cách 10
12
Kidneys
71
腰
15
12
+
Tail
25
22
.
Liver
18 14
"
Tripe
86
77
יד
por set 15
******* 3
* 8 8 8 8 18 = = = = *
Hollow
1b.
ور
Sept. 19, June, June,
燒雞
燒each
1929. 1918, 1914.
Oto. Clo. Ct.
56 30
398€ 2.59982811
50 23
60
23
40 22
ኮቱ
22. 21
Per doz. 28
18
·新鮮級螢
#2
25
J
1b.
36
海南雞
40 35.
#
45
24
each 35 80
27
28
ib.
76
51
88 2HKC# #8699857
DBR
鸡缐肥船班縐新本海熱白海火火沙山楂萬
Pigeons, Canton
И
Turkeys, Cock Turkeys, Hen
Snipe Pheasant
Quail Partridges
Fruits.
21
lb." 24
set $1.20 $1.00 $1.00
Almonds
Apples (California)
ឌឺ៩ ឥន៩៥ ឌ ៖ ន ៖ ៩ ៖ | | | | | | |
gཟླ ་ ལྷ བྷཾ གླུ ཋ t} | ༑ ཨཱུ ཡ ལ
45
28
15
*
1b.
60
44
21
#
45
金山
24
21
30
27
Bananas (bride's)
燕山香蕉
6 i
4
Per cet &
12
Carambola
13
12
Ib.
:16
*K
each 12 io 10
28
18
each 15
20 10
#
10
25
80
10
Lemons (American)
金山檸檬 cash
8
13
3
Lichees, Dried
48 30
24
荔枝干36
25
30
34
25
Orarges (Canton)
·新會甜橙?
34
Oranges ...
#
38
70
Pears (Canton)
18
21
Peanuts
花 生
13
10 12
per set 12 60 70
Thì cách 1
7
Persimmons, Large
紅
柿。
12
15
12 10
Plantain
#
*
#
5
25 46 - 26
71
Siam
* each 16.
12
15:
25
22
牛油
-18
80
18
ኮ
·43
26
Grapes
46
80
20
32
22
HONOREW
ILARO
PO
JOHONE
BONE
KOWLOON
KUALA LUMPUR
HANGOON
SAIGON
SAN FRANCISCO
SHANGHAI
SISGAPORE
SOCHABAYA
SUNOBI VATANI TIENTSIN
FURYO
TSINGTAO
TOKOHAMA
Current Agoute operiod in Locs Currey dized emits frived for one year or cherterion in 1 Carrancy Bud Sterling outer which will be quered or application. Holy, 1999.
HONG KONG SAVINGS BANK.
The Business of the above Bank, is conduct *NG LONG AND SHANGHAI BANKING COMPORATION. Bule may ha
isted on application.
FOR THE TICNG RONG & SHANGHAI BANKING CORPORATION,
A. HYNES,
Chini Manager.
Hong Kong, il plomber, 1927.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
NETHERLANDS TRADING SOCIETY)
MEERS.
Established 1824. ilong Haeg Uies: Queen's Iced Canal,
Anturi Cupila
Paid Up Capiti
Horse Fund
Guilder 150,000,000. *(£2,500,000.)
Gun 80,000,000
(23.060.667.) Guilden 40,000,000. (£,398.3.)
Rendico(AMSTERDAM"},
adora Head (Ene:—BATAVIA. BRANCH-Bandjurmaría Bandoerg') Bombay,
Calcut, Chocibor, Dam, Djuk jakarta) The goo'), Jeddab, Kote, Habe Makassar, Medan, Padang
Penang Palombang, Pekalongan, Fontinas Rangoou, Bolterdata", Samaran
bangtal,
Bibal (Summer), Bagspora,
Scarabats, Sacrauts (Solo), Tepl, Tintjap aud. Weltevrodom.")
There slices have safe deposit boxes in lot, London Bankora:-National Provincial Bank Ltd.
forrespondants all over the world
Banking bias of every
Acer.ption transacted.
F. M. ELANAG
fieng Kory, 27th Way, He
Manager
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96, Boulevard Haussman, Paris.
Subscribed Capital Ers. 72,000,000.00 Frs. 68,400,000.00 Paid-Up Capital. Reserve Funds ....Frs.102,000,000,00
BRANCHES:
Bangkok Hong Kong, Quinhon
Battambang Hue
Cantho Mengtze
Canton
Djibouti
Fort-Bayard
Haiphong Hankew
Hanoi
Saigon
Shanghai
Nam-Dinh
Singapore
Neumer
Thunden
Tientsin
Tourane
Pnom Penh Vinh
Pondicherry Yunnanfu . BANKERS:
IN FRANCE; Comptoir National
d'Escompte de Paris; Gredit Lyonnais;
Banque de Paris et des Pays-Bas;
Current Accounts opened and Mix ed Deposits received for 1 year of shorter periods at rates which will be quoted on application.
Manager.
have resulted, but for the scarcity of shares offering.
The market in the North has been disturbed file by the anxieties oc- casioned by the new political situu- tion in China. Prices gave way in
but some directions,
the tendency improved later on, rates in a few cases showing signs of recovery,
Bank-Hong Kong and Shanghai Banks show a further improvement over the week, the price having ad- vanced to $1,255, The London quo tation is slightly easier and stands $20,000,000 $130 (Middle).
Marine aredd 8,000,000
Fire Insurances. 4,000,000 Unions, coming again into deraand a bare market, have risen smart- 4,000,000 to a buying rate of $856 with
THE HO HONG BANK, LTD. (Established 1917.)
CAPITAL,
Authorised Esgued
Liabilities
of
on a
Tin has been moderately active and on the whole firmer, the price showing an advance of 21.10.0 for Cash and 17/6d for three months as compared with our last report. With a slightly. better demand for near delivery, the tendency has been for the contract, now $3.10.0 as contago to compared with
71
Leg
Shoulder
+
Saddle
g's Chitiings
£1.2.6 Inst week. Sales in re Best Laives' Head & Feet during the week amounted to 1,100 Mutton Chop tons; shipments thence ap, to the 19th inst; were 5,473 tons, and for the month are still estimated at $,500 tons. Premium on Straits and Banks Tin ure quoted at £3.10.0 and £12
£12 respectively, Consumers' demand both in this coun-1 try and on the Coricinent has been quiet again, and rather less conditions have been reported in the active USA. The market still presents a firm undertone, for consumption is well maintained in spite of the fact
at this season of the
2,219,000 business done at $359. Cantona eaning is generally, some 1
Paid-up Reserve
Shareholders Surplus
.HEAD OFFICES: SINGAPORE,
Branches, Agencies and Correspon dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager. Hong Kong, 15th May, 1929.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa. incorporated by Special Imperial
Charter, 1899.
J
Central link is
Du-Notes Laser Average amount
BLATCHES AND ACHACIEN
الفاظ
45,00,000
be placed at $650 and Hong Kong Fires fired up to $780.
Shipping.-Deals were made in Hong Kong, Cantor and Macao cao Steamboats at $25. "Shell" Trans- poets have receded at 98/-. Other stocks in this section are unchanged. Dacks, Wharves and Godowns-A fair
Kowloon Wharves quantity of were taken off the market at vari- Whampo 90s rates up to $141. Docks are quiet but steady at $32%. Transactions were effected in China Providenis at $4.65 and $4%. There bigera of Shanghai Docks at 11. 110 and New Engineerings at
are
TIs.
siz
Lands, Hotels and Buildings.--More activity was displayed in Hong Kong and Shanghai Hotels, and a large number of shares changed hands at 33.40 to $9 Hong Kong
Lands are in strong demand and there are buyers at $82. Humphreys Estates HIRVE hardened and are saleable at $144. Realtys are firmer at $8.
Public Utilities-Hong Kong Elec tries have steadily improved and were. dealt in to a fair extent up to $632. (Old) are slightly China Lights easier with sales made at si2.80. Hong Kong Trams were placed at the enhanced price of $18.30. +
Ferries are also strong with buyers. at $89.
| JAPAN: --Tokyo, Tokobanu, Kobe, Unudu. | FORMOSA ;-itīran,
Haruko plus Sakong, Sale, Shuchiku, T, Trine, Fathaal, Tocu, Hests, Taks.
Bunkow,
Anas. Foochow CHINA Singh,
pwater) Suukau
Socrabaya, OTHERS :-Bougong Singapore,
Natavia,
Secuits bombey Loudos, Now Yerk. Thiron,
LONDON BANKERS: Luadon County. Wsalminster and Parr's Bask.
S
The Bank has Correspondente in all the pin sipal Coal Centros throughout the world.
K. NAGURA,
HONG KONG BRANCH:
Das Your Road Central. Hong Kong, wth dsquary, 1929.
Established 1912.
Manager.
Head lice-Hong Kong.
Star
are en-
Oils and Mining-There quiries for Benguets at the improv ed quotation of $32. Langkats
THE BANK OF CA. TON, LTD. (Coinbined) have had a further rise to Tls. 15%. Tronohs are sought for at 21-
Miscellaneous. Green Island Cements (Combined) were realised again at $9.45 but closed much firm- er with buyers at 19,80, Hong Kong Ropes were bid up to $734. Tele- phones came to business at $7% ex the Interim divided of 10 cents just paid. Hong Kong Amusements are to be had at $25%. Watsons can be placed at $11.80
Authorned Ospatai (XB. Currency) ...$11,000,000 Pod Lip Lopital
DOKA, 200 iloware Fod
..... 150.000
BRANCUES:- Csatou, Enthal, Hankow,
Swatom
Heugwok, New York and Kao Faunis
LONDON BAKKERS --
The Lloyd's en Linted, Correspondents in all principal citier of the World.
Foreign adunge and banking business of very descnption transacted.
Sale Depait Daxon (varivus mixes) ní a punaty rental of 'from $5 sa' (st.
LOOK POONG SHAN,
Chief Manager. Hong Kong, 15th February, 1927.
THE BANK OF CHINA, 行銀國中
Credit Industriel et Commercial: So- (Specially Authorised by Presidential ciete Generale.
IN LONDON: The National Pre- vincial & Union Bank of England,
Ltd: Comptoir National d'Escompte
de Paris; Credit Lyonnais
IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.
on
Interest allowed Current Ac- counts and Fixed Deposits according to arrangements,"
Every description of Banking and Exchange Business transacted.
Safe Deposit Boxes to let
A. LECOT,
Maunger.
Hong Kong, 1st May, 1929.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund Yea 108,500,000
Head OfficeYOKOHAMA,
Branches ant Agencies at:
Newchwing New York
Alexamleia
Batavia
Bombay
Buenos Ayres Calcutta Canton
Oɛaka Peking
Rangoon Rio de Janeiro Saigon
Dairen (Dalny)
San
Francisco
Changchun
Fengren (Mukden) Seattle
Hamburg
Hankow
Harbin
Hong Kong
Honolulu
Kai Yuen Karachi
Kobe Londor,
Los Angeles
Layons
Mazila
*Nagasari Negoye
Semarang Shanghai Shimonoseki Singapor
Soerabaya
Sydney Tokyo Tsinante Taingtau Ayladivostek
(Temporarily closed)
Tientsia
Brains
$1.
Feet Fry
#
Head
*
Heari
Th
+7
Kidneys
Liver
Leg
♫
Loin
25
Fat or Lard
Feet.
Heart
Kidneys
Liver
expected. Re- ports from America, where the indus Pork Chop trial position has suffered no material setback, are still optimistic, and in- dicate at least the maintenance of the active conditions which have prevailed in the tinplate and motor car indus- Sheep's Head tries, whilst on the Continent business may be expected to broaden once the question of Reparations more
the settled appearance and monetary outlook
Sucking Pigs, to order more definitely clears. At the same time, it seems un- Suet, Beet likely that production, though increas ing, will show that important expan- Veal sion which earlier in the year generally expected.
Options-Double £12.10.0. Single -£6.10.0.
assumes
1
PT
"
Mutton
was
25
Sausages
No. 1
Fish
鲛
Opening Closing Cash
£210.10.0. £210.10.0. Three months ..$214, 5.0. 2214. 0.0.) Barbel Turnover for the week 2,625 tons, Bream
Copper has steady, the advance
lo.
རཕྱ ཀྟེ ན ཥསྠཽ ནི མྦ
བ བ ཞེ
掛肚脚骨牌肉腸腦群什頭心腰骨脾團油脚心腰肝猪油油肉腸
#
Canton Fresh Water Ki
Copper Steady 2
ruled quiet and price. showing yan of Б/- for near de-Carp livery, whilst
price Catfish remains about unchanged as compared Codfish with last Friday. The market presents no fresh feature of importance, but Crabs
the
forward
the undertone remains firm, sellers Cuttle Fist showing some reserve. Demund on the Dab part of
bat there Dace of consumers is light. are indications of some improvement U.S.A., where reports are favourable Bele, Conger in this direction, particularly in the Dog Fish and, pointing to continuance of in- dustrial activity, infers the possibility that the price of Electrolytic will at least be
Frogs This would leava maintained, room for some advance in Standard, Garoupa where the price still rules appreciably Gudgeon below that of Electro,
Herrings
Options-Double £4. Single £2.
Cash
Three months
Fish #J
น
Fresh Water
Yellow-
Halibut
Opening Closing £74. 2.6. £74. 0.0.Labrus $74.15.0 74.11.3. Loach Turnover for the week, 1,830 tons. Lobsters
Lead Firaxer
Lead, though quiet, has been firmer, Mackerel Cotton Mills.--Ewos have been com
the price showing an advance of 26d Monk Fish paratively quiet after the display of
to 3/9d since last Friday. Reports Mullet previous week and strength of the
of the formation at a Lead Producers' Oysters were so
sold down
down to Tis. 20, but since
Association have no doubt imparted a Parrot Fish the negotiation of the Settlement the
More Parch market has recovered and buyers at Tle. 21. Shanghai Cottons (Old) at over, the Tls. 101, the new shares at Tls. 75 and Zoong Sings at 12% are nomingi at quotations.
Rubbers. The rubber market is firmer and the following are the lat- est cabled quotations received from Tls. 11.00 buyers
Shanghai
Mandate of the Republic of China Anglo-Javas
Anglo-Dutch
on the 22nd of November, 1917.) Batu Anams
Authorised Capital
Paid-up Capital Reserve Fund
$60,000,000.00 Chemers.
Consolidateda 18,278,800.00
3,629,425.24 Kroewarks
Repahs
HEAD OFFICE: PEKING..
میں
HONG KONG BRANCH: 4, Queen's Road Central. Branches and Sub-branches all over China and Correspondents in Europe. America and other parts of the world. Fondon Bankers: The Nations Provincial and Union Bank of Eng- land, Ltd
The Quaranty Trust Company of New York.
New York Bankers:-The Irving National Bank.
certain to the market Ma
is generally regarded as low and offers little Incentive to Pike sellers who during the greater part Plaice
of the week have maintained a rather Pomfret, White reserved attitude, Though demand on Pomfret, Black the part of consumers both in this.
in this Prawns country and on the Continent has been dull, yet consumption is fairly well Ray
maintained and should improve once Rock Fish the general situation clears and. con- Roach fidence is in a measure restored.
Options. Double £1.10.0. Single
5.90
1.10
»
2.15
£15.
4.35
3.35
180
1.80
August
1.70
5.30
Tanah Merahs Tehongs Ziangbes
10.75 Exchange-The T.T. rats on Lon- don to-day is 1/10% and on Shang- hai 85.
Forward Settlement Days,-October 9, November 26, and December 23, 1929.
STOCK EXCHANGE
DIVIDENDS
The Committee of the London Stock Exchange has passed a number of
September
October
November
Opening
Jalmon
Shark
Closing
Skate
£22.17.6. £22. 2,6. Shrimps £22.18.9. £23. 5.0. Snapper 423. 1.3. £28.5.0. Soles $23. 2.6. 423. 5.0.
Turnover for the week 3,050 tons.
Spelter's Advance
Terich Turbot
黃皂臆
牛羊仔仔
# # 「魚魚魚魚魚魚、沙魚鷄班無白甲花魚蝦魚魚魚蝦魚鮭芒魚魚蝦豬公魚鮪魚 娆槁城 蝴 黃鐵海淡黃田石白將黃馬龍茷芒濟絆鑭風花班白黑帆石崇馬沙瀟蝦立尤左 #
- DE
「魚魚魚魚
Spelter, though irregular, has been Tarties, small, fr. water
on the whole firmar, the price showing an advance of 6/4 to 673d as com- pared with our last report. In spite of the quiet conditions which have pre- vailed, the
market
has
presented
12.
rather firmer appearance, although the
石狗
COTTON MARKET
TEXAS DROUGHT
INDIA AND WAGES
บ
རྒྱུ
·
9999956. N23**NESSA⠀: JB÷88 8 7 9 7 3 2 2 8 8 8 9 AAN Z !
འ ཀྐ་སྐུ་རྨ་ཆ ་མ i རྨ མ ཇ ཆ རྨ སྐ ཆ ཇ ཇ་ཀ་ཆ་ཇ ཐཱ ཋ སཾ 'སྐ ཆ ཆ ཎ
"
27
* 2P8998A
18588
ERZIRONDACK 2228298:98*88**Z*98*22****
USA9-a
te leraa
Coconuts
Lemons, China
Vegetables, &c.
Articnckes - -
BeaL, Sprout
Long
鴉悲
each
lb
Cabbage, Chinese
(Shanghai)
Cane Shoots, bunch.. Cauliflower (Large)
(Medium) E (Small)
Carry Stuff, English.
fr ##
Horseradish, Shanghai
སྦོན རི ན མ ༦ ཚ་ ར་
6
6
24.
19.899-190000131012199000
16
6
46 · 16
24
20 16
12 10
Beet Root.......... Bitter Squash Brinjals, Green
Red
15. 27
12
椰
16 17
23 26
·大鄉榮花
each
16 27
52 28.
16
細椰菜花
20 20
Carrots
Ib
6.
10
8
Celery, Chinese
##
10
16
Chillies, Dried
25
10
18
Red
26
10
*-16
26
30
Green
青花椒
.8. - 12
25
8"
40 30
Cucur bers
2
18
Garlic..
€
19
23
Ginger, Young
14
7
18
15
Old
10
32
18
8
24
Indian Corn...
.62
32
21
Lettuce
14
20
20
Water Chestants
53
18
2
Mandarin.
12
2
45
14
9
Okroes
14
20 15
8
16
Green
6
15
26
29
"
Shanghai
上海頭
6
36
30
Parsley
25
60
32
36
46
Potato, Sweet
10
14
"1
Japanese
日本薯
10.
14-
American
金山署仔
28
18
18
Pumpkin
5
35
10.
Radish
46
86
30
Rhubarb (Fresh)
10
Shallots
10
10
Spinach
•
52
32
30
Tomatoes
̇紅薯猪仔 大榮 千蓉蝦 榮 番茄
-6
26
35
Tarcs
6 7
40
28
6
.4
$4
22
18
Vegetable Macrov.
西洋菜
6
38
18 12
Water Cress
8
02
40
Water Lily Rost
#
16
34
Mushrooms, Frash
Onions, Bombas
Turnips, Punti (Long).03.
enquiry, and there have been Indiea- tions that a larger trade will be done in the near future for that outlet Bombay and Calcutta offered for light bleaching styles, which in some enses resulted in business,
whilst dyed and fancy goods were in general demand for the up country sources. The China situation tends to improve and lager sales in dyed goods took place at the Dress Cloths
auctions in Shanghal.
Java and the Straits, however, have not been particularly active, fur al though some enquiries have been dealt with, the will to buy has been lacking South America has taken some small lots of dress cloths and pophas, whilst the Near Eastern outlets have also ocen interested in speciality styles. A fairly steady turnover has been ex- perienced for the Colonies in fancies, and Home trade demand has proved quite satisfactory.
pre-
leagues have done so much,
It is hoped that mors canning factories will shortly be erected, for, who officially as Mr. Noel Buxton, opened the Wisbeach factory point- ed out, enormous quantities of sur plus fruit and vegetables are at seat wasted simply because they far surpass the wants of the population
At the times there is a glut in the market and fruit is often left to rot on the trees as it will not pay for the labour of picking. Fish is pro- duced by the seas of Great Britain in great abundance, and of a quality unsurpassed anywhere in the world and is sometimes used as manure owing to a glut. British agriculture. and fisheries
to derive cannot fail great benefit from new canning fac Lories, and there would appear to be no reason why the finished products should not be exported. The Nether lands East Indies consume largo quantities of tinned foodstuffs and Great Britain should be able to com- pete as regards quality and price.
ing in the The incidence of canning tinplate industry is so obvious as to nced no comment.
The success
of Sir. Edgar Jones fort on behalf of the caning industry will thus auto.
during the short harvesting periods.
small rise which has taken place can CROP ESTIMATES REDUCED BY scarcely be ascribed to any improve ment in demand m. the part of con- The Equitable Trust Company of SELLER'S RESPONSIBILITY FOR sumers, which in this country remains New York.
very dull, but rather to a certain re- Interest allowed on Current Ac-
serve shown by sellers who And little Mesars. James F. Hatton & Co., Ltd, counts and Fixed Deposits. Terma on
attraction in effecting sales at application.
Every description of Banking Busi-amendments to the rules and regula-
prices, which are generally considered Manchester, in their weekly market report, for August 28, stale: Now low. On the Continent, conditions re-that the disputo on the wages question Ress transacted.
tions, subject to confirmation.
main very much the same, the position between operatives and employers has Loans granted on approved secur- -Rule 120 (3) has been altered to there showing little or no improve-been settled, conditions have returned itles.
read as follows:-.
ment, but selling pressure has to some to a more normal state this week Special facilities for Hume Ex- change.
"120 (3) The seller is responsible extent been relaxed, no doubt in an- The decision of the Arbitration Board for sath dividends as may be due to p for
ticipation that trade demand is due which sat in Manchester was published SKOU J. CHEN, the buyer unless an unreasonable for some revival, and further in the last Friday, and resulted in a proposal
Manager. time has been taken by the trans belief that the curtailment of
product tion now in force. most shortly befor a reduction in water &
in wages of 6.41
11" per Thle is considered to be a fair The sent
to both parties and should settlement to
whole. Values have shown no marked fluctua- Singleton during the week, and on the whole the market has remained very steady, Ovening Closing Prices will for some time no doubt August
$26 1.3 £25. 1.3. continue to be affected by weather re- September:
£24.17.0. £25. 2.0 ports from the growing areas. Owing October November
SZE 1.3. 25.5.0. to the prolonged drought in the Texas £25. 2.6. 125. 7.6.
there is region,
"a decided tendency to Turnover for the week, 2,500 tons, reduce crop estimates in the produc
tion advices coming to hand from the enthusiastic reference was made tomatically benefit the timplate, manu-
In a recent article in "The Times," States, but these are as yet not sub- stantial enough to
to have a bullish efect values
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE,
Authorised Capital
Subscribed Capital Paid-up Capital
15, Oncoburch Street, London, E10.3.
...£3,000,000 1,800,000 1,050,000 Reserve Fund and Rest 1,612,047
ANDRE BANKEBS.
The Bank of England. *. Midland Backy
Eu gost. Howma
•Balarin-Jpple_
Bombay Bandy--
Calcite Karachi
BRANOMES:
Collombo Kota Bharu
Delhi als Lumpur...
Now York
Pork Louis (Mauritius). Rangoon Shanghai BL3
Hong Kong Kadra Soursby
Interest · allowed Current Ac
HONG KONG, BRANCH"
counts
Galle Kuantan (Pahang), Singapore
to have an effect on prices. market in the U.S.A.
feree to execute and lodge the docu- ments for registration or there has been unreasonable
Other changes have been made in Options-Double £1.10.0. Rule 152, which previously, read as
16/ follows: The issuer of a ficket who shall allow two business. days to elapse without buying in or
securities pass to buy in
releases his seller mg by from any loss in consequence of the declaration of any member as a de- faulter unless he shall have waived such right at the request,
the dividend delay in claiming and the price unchanet materially assist the trade as a
attem delivery roles
the consent of his seller. Yo
SILK SHIPMENT
Silk forwarded from here by the
The rule as altered reads as "Empress of Asia on September
152
on
Piece Goods Trade
During the week more enquiry has
lows
(1) The issuer of a strip arrived in New York St John's been met with in piece goods, and al- ticket ho
who shall allow two business Park) on September 25, having been though many of the bids have been on days to elapse without buying in or
21 days in transit attempting to buy in Securities pasa
ing by delivery shall release his sellX.
TINPLATE TRADE
PROGRESS OF THE CANNING INDUSTRY
a new and growing industry in Great Britain, namely that of can- ning food, and to the progress made by the National Food Cenning Coun efl, which held its third annual meet ing recently.
too low a basis an, encouraging trade On the second day of the conven has been done. Traders have, however, tion, many members of the Counc in some instances preferred to hold attended the opening of the new pen- alool until the findings of the Arbitra canning factory at Wisbrach, erect-
Every dentition of Banking and Mashanger from all liability in respect of the sible to such issuer for the delivery on Board were made known, as it ed by a British pioneer canning Deposits received for fixed periods INTERVST illowed on Curent and non-delivery of the securities, unless of the Securities af rates to be obtained on spplication Fixed Deports ad Babes that may be pertained he shall have waived his right to buy (2) The liability of users and was rather difficult to arrange transform. The Chairman of the Council,
ing in at the request or with the von holders of scrip tickets is not affect actions with any certainty in view of Sir Edgar Jones, is to be con sent of his seller, and the holder of fed by the fact that intermediaries the possibility of a complicated wages gratulated on the development of the the ticket shall alone remain respon have been released by lapse of time." war. India has put forward a fair enterprise for which he and his col-
HMORL
Manager,
C. L. C. BANDES,
Hong Kong1th September 1929, Hong Lotte Hy April, 1990,
facturer.
Drive a Trusty "TRIUMPH"
the Motor that bever fails you