Page

A REAL DRINK

"BOARS

GUINNESSS

Tel. Central No. 135. -

HEAD BRAND

FOREIGN EXTRA

Hồng Kong.

THE HONG KONG DAILY PRESS, SATURDAY, JANUARY

Money and Markets

HONG KONG MARKET

REPORTS.

Quotations at yesterday's local market for rice, sagar and other toodstuffs were sa follow:-

Fer

No. 18 coarse powdered... 87.38

CANTON SILK "EXPORT.

SHANGHAI MARKET

REPORT.

SATISFACTORY TONE ‘IN PIECE, GOODS.

-LITTLE CHANGE IN YARN

AND COTTON.

"According to statistics of the

A holiday market prevailed dur- export of silk, published in the Canton Gazette the total amounting the past week and with the of silk went daring December, was exception of Piece Goods, business 4108 bales which was 1,379 bales in other markets was practically at

ہے۔

STOUT

A WORLD-WIDE REPUTATION

SOLE AGENTS:

GANDE, PRICE & CO., LTD.,

ST. GEORGE'S BUILDING, ICE HOUSE STREET.

ET APPOINTMENT.

Red Melon Seeds Black Bean

Yellow Bean

·CANTON, COTTON YARN MARKET.

A cable from Shanghai stated that the market was still quiet and there had been no large transactions on Thursday. The Canton market was also quiet but stocks are scarce and prices remained firm

Quotations for cotton yarn at Thursday's market were as follow:

No. 42 Five Sons

Fui Hea

Butterfly

No. 39 Pine Deer

Lisbon

General

Accident Fire and Life

Assurance Corporation, -£imited.

ESTABLISHED 1885.

HOUSEHOLDERS' COMPREHENSIVE POLICY

Insures the contents of your residence against Burglary, Housebreaking, Larceny. Theft (excluding theft by servants), Barthquake, Typhoon, Flood, Burst Water Pipes, and/or Tanks, Riots and Civil Commotion and extends to cover temporary residence in any inha bited Dwelling House or Hotel in China. The cover may be extended to a country outside China by arrangement on application.

A.DENTS:

J. H. BACKHOUSE, LTD. TEL. No. 1733.

-1A, CUATER ROAD.

on

-1929.

NEW YORK STOCK

QUOTATIONS.

The following quotations, current la Now York on January 5th, have been received, in Shanghai by Mowers. Swan. Culbertson à Co., who serums no surpón- dibility for cabla mutilations.

Market strong.

Business dorë, 4,937,100 shares.

Previous Latest Prics. Price ... 250 8741

Allied Chem, & Dye (Com.) American Can. (Com.) .... American Smelting

American Tel & Tal. (Com.) n. 197 1961

American Tobacco "9" Armour & Co. "A" Armour & Co. (L) 7% PI... Hult. 09 Anaconda Coppor

Bank of Montreal

Venetians. were stendy, 1,808 Italians half mace lower, Greys Canadian Facific Railway

half mace "higher and 4,108 steady. For dyed goods-with the exception “of velvets which 'declined through lack of orders from Yun- nan-the demand was good. Al- though prices did not advance, it was obvious that there was a strong undertone.

18.183

There was a slight advance in prices. for most weights of Greys and the market was quite sound. Whites were very steady and Tien- tsin, Changsha, and Hankow show ed more activity than other places. Korea continues silent." Lawns were a little depressed but

White

it is early in the season for these

Consolidated Gas of N,Y. Coty Incorporated Davison Chemical

J

Du Pont de N., EI. (Com.) Eastman Kodak, Fox Film "A" General Cigar. General Electric Co. General Motors...

General Bly, Signal (Com.) Gold Dust

-

Granby Consolidated Haygant

*-

300 100 241 248+

10 T8 761

...130 129

Mult, 108

75 75 .89 681 4.523 503 --1864 186

236) 240 2061 300

LET

GENT

World Wide FavoritesTM

For The Skin And Scalp

Regular use of Cuticura Soap, aa- sisted by touches of Cuticure Ointment {when required, koope the complexion |·fresh and free from erreptions and the hair live and glossy, Cuclear Prepa

unexcelled in purity and arn fegarded by millions as unrivalled in the promotion of skin and hair health

Sample each Samp, Cintment and Talewn

free upon request, from Dayton, Frise & Compony, Lei, P. O, Bas #50% 35anghai, Bald Throughout the World.

1091101 BUSINESS RE-OPENING.

.. 148

161

$85

91

431 471

89 89

... £8 1001 634- 501

Hudson Motor Car International Cement (Com). International Match, Pid, International Nickel (Com) International Printers Hik Inter. Prod Corp. (Com.) Kelvinator Kansecott Copper

fake Superior Corp

Liggett & Myers, Clam “B” Lorillard Co. (Com.)

Mack Trucki

89 69

13 13

* 18 10

1801 183

15) Mult.

vi 917

261 26

1001 107)

170 1

T

998) 3941

Rica.

Green See Mui White Red Chai Mee White

Picul. $7.36 7.99

more than last month. The total export during 1929 was 59,990 bales.

& standstill.

1774-177

17171

1993 194

A very satisfactory tone con-

897-305

Red Star White Siam

736

Green Star Siam White

B.T

Black Seat Black Bran

2.43

were as follows:+

Black Seal White Siam

6.72

Raw silk ports during December tinues in Piece Goods and the

Yuenfong auction Bales, totalled 472 packages.

Barnsdall Corp “À”

Thursday

Black

France

2,280

Burning Sun Siam

7.20

Bethlehem Steel, 7% Pa Brooklyn Manhattan Transit... Calumet & Heals Black Campe Corp.

Bethlehem Steel (Com.)

*

861 851

13-1231

781 76)

America

Hung Fa Yu White

7.50 London

White Bra.

3.39

Whites

Sugar.

Per

Total

Cavanaugh Dobbe Chile Copper Chrysler

Picul.

No. 24 coarse powdered

7.83

Big coarse powdered

7.85

EXCHANGE RATES.

Manila Green

6.83

Java Brown

8.49

[HRITISH WIRELESS SLAVICE.]

Miscellaneous.

Wood Oil

$31.00

Tea Seed Oil......

99.00

24.00

8,00

6.80

Paris Brussels Amsterdam Berlin

Rugny, Jan. 10th.

124.10

34.903 12.083

90.40

Copenhagen

Vienna

34.478

Helsingfors

193)

100

Bucharest

807!

Buenos Aires

47)

Shanghai

9/7

Yokohama

New York

1/10 9/18 4.851

Per

Geneva

$5.201

Bale.

8360

Milan

320

Stockholm .....

524

478

Oslo .......

Tin Koon

474

Prague

Cheung Bee

478

Madrid

No. 20 City of Gold

324

Athens

99.70 18.131. 16.198 1632... 29.72 373

Globe

320

Good Harvest

314

Rio

Double Horse

310

Bombay

Tin Koon

310

Hong Leong

Double Elephant

390

Tram Car...

301

Silver (spot).....

Three Stars

309

Silver (forward) ....

28 7/19 201

• Shepbord

303

No. 16 Globe.

998

Fui Kwal

294

City of Gold

265

Peacock

284

HONG KONG STOCK EXCHANGE.

Fui Kwai

Tram Cars

275

No. 12 Dug Leeu

3

·

Aeroplane......

974

Pretty Damsol

Set

No, 10 Sailing Vessel

959

Peacock

261

City of Gold

257

Lotus Bee

249

Fui Kwai

239

208

.205

No. 6 Lion

Hut How

5 28/32. 1/6.1/32 9/01

"CLOSING QUOTATIONS.

Do.,

P. 4.0. Banks

East Asia Banks

Union Lusurance#

JANUARY 11TH, 1929. R.K. Bank.............$1,300 buy. Do. London, 143 nom. Chartered Banka iz bay. Mercantile Hanks, A. &B...£84 nom. 0.21 nom.

Hom bay. Canton Insurances...$8771, buy. 13654 bay.

160 buy. North China Ins....... Tha

$50 nom. Yangtare

Lasnzünden....sor China Underwriters......k to sel Chias Fire Lararances....280 boy.

1780 200. Hong Kong Fire Ins... Douglastons H.E. Steamboat $29 vol. 'Per

F.K. Tags

$1,40 cm. Picul. Indo-Chinas (Fref.) 350 bay.

Do. (Daf.) ..$90 buy.

11e/-nom.

CANTON MARKET REPORTS.

Quotations at Thursday's Canton market in rice, sugar, flour and oil were as follows:-

Rice.

Black Dragon Blue Anchor Three Marks Red Star Chai Mee....... Pak Kan See Mui Kam Fung Green Lion Red Lion Green Elephant Full Moon... Green Vessel

now.

Union Waterbosta931 1ur.

Kailan Mining Admin....70% bay,

Langkata (combined)..

Tim. 10.80, nom. Tia. Si nom. Tim. 2.93 30

S'hal. Explorations *** 3

Do (cingle)

Bhanghai Loans

Baube *******

Tronoh Mines

41

bay.

$51 nom

17/8 noma.

& K. Wharfa......$184 nom.

à W, Docks .........110 bay, China Pro

Providents...

....15.30 buy.

Ths. 182 buy.. Naw Engineerings to....Tle. St nom. Shanghai Dooks Ta. 106 by Ewo Cottons.........Ths. 15.90 bay, & s

Tis. 21 zel. Oriental Cottons......... gʻbai. Cottons (old)..............TU. 651 buy.

Do. (new)......Tu 32 buy. HK.& 8. Hotels...39.35 501.

... 44 bay. Lande

165 bar. Rotates $14.8 buy.

810.90

10.85

0.38

Sheil Transports

9.60

Benguets

4 bay,

11:25

Tuk

8:35

10.30

9.25

9.82

9.76

0.80

9.69

H.K.

0.70

HK

Fer

Sugar.

Picul. Hongkow

No. 2 coarse powdered

Taels. 8.30.

No. 3 coarse powdered

7.80.

No.. 20 coarse powdered

7.60

No. 1 Granulated

10.30

No. 1.Fine. Granulated.

10.60

Waichow. White

9.50

EL.K. Lands

Spring Candy

10.30

Per

Flour.

Bag.

Man-of-War

84.00

Silver Scal

4.10

Banana

4,16

Bo

Cheung Luk

4.13

Maize

4.25

Sword of Kwautai

4.20

H.K. Resition 18,20 buy,, 8.45 sol. H.K. Tramway!............ $20) com.. Peak Trams (old) (813 sel.

(197) 38.10 now. Star Ferries 87 nom Chins Lights

$12,40 a H.K. Electrica (old)

Cannon

4.75

Cabbage

4.40

Do (new)

5

4.50

Dog's Head

4.50

Per

Fanchi

Dalton

Drink more

Asahi Beer

Ground Nut-

Min How

Ticotain

Dairen

Kwangei Wood

it is

ASAHI

Sole Agents-

refreshing and

invigorating.

MITSUI BUSSAN KAISHA LTD.

HONG KONG

oll

Masso Electrics- ..........$162 buy. Telephonan (old)

Do, (new)

BES

bay.

buy. $8.00 bay. Chira Picul

11 bay. Taels Singapore Tractions. 12/num.

Da (Pref)...17/6 bay.. 13/3 sel Sandaken Lights 15 nom. China Bugars **.................80 eta, nom, Malabon Bugars ...$23; bay. Cauten Ices.............$31 com.

$10.85 Bol Dements (combined)

∙10.05.10.

Do.

1

The (28)

(old)....!

Sif buy. HK. Eoper fold).....

$7.60 nom. Do. (LOW)......$7.55 sel. United Asbestos

#15 nom, Dairy Farma.... $214 22. Watsons

$18,80 nom. Der A Wings ..........80 ct. buy, Lane Crawfords.... 3.05 nom Mackintoons.......20

$20.nom. „891 bay.

$3.65 nom.

25.00

25.10

25.00

28.46 25.40

CANTON STOCK EXCHANGE.

LATEST QUOTATIONS. .

CANTON, JAN. 10th.

Water Works”..............

83.55

Electric Power Co.

5.05.

Canton-Hankow Railways

0.48

The Sun Company

6.60

W Powalls

Bincera Company

9.50

Nanyang Bros. Tob. Co.

-4.80

Canton Tramways

2.30

China Merchants S.5. Nav

Company

0.60

Central Bank

3.00

Sincare 06-3500KG

KK. Amusementa

nom,

H.K. Constructions serėle Eque. Iudas. G.Bonds...68% buy. B.K. Gork Loans...6% prom. sel baybay ng sel-sellerup salos;

goods and they depend to a great extent on the speculative element. Deliveries were much better, the chief outlets showing improvement were Tientai, Changsha, and "Han- kow. Local alao was very strong. A very satisfactory tone prevails in the market, much more so than

reasonably could be expected in view of the fact that this is the last sale for payment before China New Year.

Madison Square Garden Maytag Co

"

WE krs plousure to announce the RE-OPENING of Our Old Business in JEWELLERY,PRECIOUS STONES, Erc., in the PENINSULA

TO-DAY.

HOTEL LOUNGE (JANUARY 12)

A Cordial Invitation la extended to Old Customers and New Patrons,

Mult. 68 SHERIFF BROS..

1301 1841

407-48 397 395 159 159

Missouri Pacific (Com) National Dairy Products Nevada Consolidated Copper. Pacific Gas and Electric Co, ... *&*$_55 Packard Motor Car (Com) ... 148 1434 Fennsylvania Railroad.... ... 781 704 Phillips Petroleum Radio Corporation Reynolds Tobacco, “B” Shell Union Oil... Standard Gas & Elec. (Com). Standard Oil of California Standard Oil of New Jersey ** Standard Oil of New York" Texas Corporation (Com) Texas Gulf Sulphur

men Baller Bearing Trans-American Corp.... Union Carbide ... Union Pacific R.E. (Com.) UB. Inter. Security Ptd. U.. Leather

At the Kungping auction, there were fair trade orders in Brokers hands, particularly in Greys and Whites which met healthy competi- tion. As this was the last Kung ping aale for payment this Chinese New Year there was less specula B. Bealty & Imp. Co. tive bidding than usual, and this. Eubber (Com.) tended to prevent price advances; Vanadium. Corp also several holders were anxious Westinghouse eo, (Cam.) to resell for prompt payment. No Willys Overland Co. particular market featured at this Wright Aeronautical sale-all were interested and we gather supplies up-country are

U.S. Steel

29 201

87 88

70 21

5+1 54

67 884

185 108

130. 149

... 1377 1314 ... 2084 208

230 Mult

100 100

50 591

83) 82

... 404 45

164 1631

100 100

... 148 1491

·84331

.. 265 264

light. Trade reports and demand LONDON SELLING AGENTS

from most districts are good, al though inquiry at the moment is mainly for White and Grey Shirt inga and the slight allround ad- vance in prices asked by dealers has been readily paid and has not checked sales. We learn small sales of spring Fancies such as Bro- cades and Cords-have been made, but generally speaking the market for these seldom opens to any ex- tent until just before Chinese New Year; the level of prices for these spring goods is practically the same as last season and on the average this gives indentors a small margin of profit.

-

Cotton.

The local Cotton Exchange was closed for five days--December 29th to January 2nd, both days in- clusive. After opening, prices showed a small advance for Yarn sad slight decline in Cotton. American prices are slightly easier. Owing to the holidays there was very little business done with the Milla.

In their weekly report on China Cotton and Yarn, Messrs. J. Spunt & Co. write:-

China Cotton.

.on

Due to the New Year holidays intervening, we have had a short working week, during which very little business transpired, and price Auctuations registered within a very narrow range, being hardly affected by the declines in Ameri- can and Indian markets. The ab sence of any general demand for the raw material on the part of the mills as well as on the part of those. speculatively inclined, appears to have had very little infuence the current rates, which were main- ly due to the reduced receipts from the firmer prices in the interior towns together with the continued improvement in the Yarn Market. A lull in business from now en

and until after the Chinese New Year holidays may be expected but to what extent such may affect the values of raw, cotton will very much depend on the financial strength of holders. It therefore becomes in. cumbent on consumers to take ad- vantage at this time of any favour- able offerings of genuine grades in that ultimately such purchases will prove profitable.

Yarn: Nothing bearish has come to light since our last circular was issued. Our market during the in- terval continued steady to firm, especially in fine counts and stocks in those lines are practically small.. Bome 4,000 to 3,000 bales of various counts and chops of local products have changed hands between dealers for export to different ports in China,ARA

..

Produce. No business was done and the market remains lifeless.

Bilk. Prices continue steady, but little business was brought to book Metals. This market is inactive with no special feature to report

TEA. INDIGO

FIBRES

BRISTLEES OITAKED

Bold on som mission

in British and Continenatl

HIDES & SKINS | Harkote:

DRUGS

WOOL/8 & plea vaload. Best ports for con- signments in

GENEL AND

dicate.

PRODUCE

KEYMER, SON & CO......... (Import Deps) Whitefriars, London. Teleg. Karmer, London.” Est. 1984

MANUFACTURING

JEWELLERS, WATCHMAKERS, &c.

PENINSULA HOTEL BUILDING,

KOWLOON. ·

"

· [7238"

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SALE NOW ON

7, Icz HOUSE STURAT,

HONG KONG

ON BALE.

TEL 0.6204

"ONG KONG HANSARD RE PORTS of the MEETING

of the LEGISLATIVE COUNCIL for the Stasion 1927.

Berised by Members.

PRICE

H

$5,

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SOLE AGENTS:

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*(Incorporated under the Companies Ordination of Hong Kong,

TEL. C. 75.

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