Page

A REAL DRINK

"BOARS HEAD BRAND

GUINNESS'S

FOREIGN EXTRA

STOUT

A WORLD-WIDE REPUTATION

SOLE AGENTS:

GANDE, PRICE & CO., LTD.

ST. GEORGE'S BUILDING, ICE HOUSE STREET.

Tel Central No. 135.

Hong Kong.

Paints Enamels. Varnishes, etc.

No matter what class of decorative or protective ma terial you may re- quire, you Can obtain your needs from us, certain that in the sequel you will be fully Mand- satisfied.

facturers

OD. a

huge scale, we are also able to sell at the lowest prices -a point which you should bear

mind. Full

particulare of any of our many spe cialtics acut free upob request.

FOR EVERY PURPOSE.

DECORATIVE MATERIALS COACH and MOTOR COLORS INDUSTRIAL FINISHES FACTORY PAINTS MACHINERY

ele, etc.

THE HONG KONG DAILY PRESS, THURSDAY, JANUARY 17th, 1929.

Money and Markets

~CANTON COTTON YARN

MARKET.

A telegram from Shanghai of the 15th instant, stated that the cotton yarn market was at a standstill Stocky to Canton are scarce and prices showed a slight advance.

Quotations at Tuesday's market were as follows:-

No. 42 Five Sons

Butterfly

Fui He

No. 32 Pine Door

Tin Koon

Cheung Bi

No. 20 City of Gold

Fer Baic. $364

NEW YORK STOCK

QUOTATIONS.

New York, January (1 Market ströng. Pak "Businnes done, 4,237,500 shar

GAS SUPPLY FOR CANTON. American Can (Com)...

TENDERS TO BE CALLED FOR

Previous Latest

Allied Chem. & Dye (Com)

American Smalting American Tel & Tel. (Com.) American Tobacco “B” Armour & Co "g”.

KTA

Consolidated Gas of N.Y. Coty incorporated Darison Chemical Du Pont de N., B.I. (Com.) Eastman Kolah... Fox Film "A" General Cigar

pral Electric Co. General Motors... General Bly, Bignal (Com) Gold Dart Granby Consolidated Haygart Hadion Motor Car

Price Price

2481 254 1177:1173 Mult 96

1054

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS,

JANUARY 10TH, 1929.

K Banke.........$1,955 buy. 1,565 za.

Do London... 2148) nom. 1773 1794 Chartered Banks fil bay,' | 177 | 171 || Margantile Banki, A. &B...494 no. O...£141 nom. 824 831

Do

... 1904 1201 &0. Bank

267.395 Eart

++

85 84 19

100 100

240 200

- 19

74 74

1334 1248 106 106

TA 72 64

... 800+ 504

يو

93

Ara

Reake

Canton Insuranow......38171 bay Union In

Angermanes

160 bay.

North China In T Yangiare Insurances. 350 nom.

Chin

Underwriters.......20 b bay. China Firs Lazursaces....3280 buy.

Kong Fire Ins.... 1723.nom.

..S+ nom. H.K. Steambosta... 398 #al E. Tug 11,40 Indo-Chinas (Prof.) ......$50 buy.

До (Def.) 390 nom.

Shall Transports

Benguetegy.

..

nom.

1901 bay.

bay.

187 1891 Union Waterboat b

691 Kailan Mining Admin tabern.

091 1181

... 2034 2014 ... 001 001

..."

Langkats (combined)......

Do. (single). 6 nom. 77 78 Bxplorations Thx 2.93 buy, 87 861 Bhanghai Lown T. 3.10 buy.

Baube

871 873 Tranak Mime

The Canton Municipal Council Armour & Co. (D) 7% Pf.

Anaconda Copper has ender consideration the ques- Bank of Montreal

Barnsdali. Corp. " & "* tion of introducing a gas service Bacalahan Steel (Com.) for both illuminating and beating Bethlehem Stoel. 7% Fid.

Brooklyn Manhattan Transit... '7Sİ · 708 purposes. This matter has been re- Calumet & Hocia ceiving attention for some time, Campe Carp,

Canadian Facific Bailway says the Canton Gazette, the advoCavanaugh Dubbe cates for auch a service pointing Chile Copper out that all large cities possess this Chryslerin modern utility, and that a gas sup+ ply will be a great convenience.

This gas service, if installed, will not supplant the electric service, but will supplement it, there being room for both services. Gus can be used for bath illumination and heating purposes; and in the latter direction ofers great convenience and many advantages over the use | of Brewood Canton at present is entirely dependent on firewood for cooking purposes, and supplies aro dependent directly on the state of the three rivers of the province. In the dry season, when the low levels of the rivers render naviga tion a matter of grent difficulty, supplies of firewood to Canton are. seriously curtailed, and prices soar upwards, inflicting much hardship *44 on the poorer classes. It may well 206be that in the course of time the 201 use of gas by all sections of the community, except the floating population, will supplant the place CANTON MARKET REPORTS.¦ of firewood for domestic purposes. It is probable that in the near future tenders will be invited for the establishment of such a service, though it has not been decided whe

installation will ther such Per operated by the Municipal authori- "Piculties themselves. $10.06

9.72 9.45

474

470 168,

32.1

Globe.....

315

Good Harvest

315

Double Horse ....

310

Tia Koons.

Double Elephant ......

319 310

Tram Car

Man Clock

Stopherd

30% 319 300

Three Stars

305

Fui Kwai...

314

No. 18 Globo.....

-Fai Kwai

291 200

No. 12 City of Gold

Peacock

290

*55

No. 10 City of Gold

Lotus Bee

934

No. 6 Lion

Eut How

Quotations done at Tuesday's Canton market for rice, sugar, oil and four were as follows:-

Rice,

Blue Lion Red Lion Three Stars-

WHERE THE LATTER IS

E

GAINING.

be

A writer in the Financial Times

International Cement (Com.)...

International Natch, Fid.

+++

9 9 167

International Nickel (Com) Inter. Prod. Corp. (Com.) Kelvinster

International Printers Ink. ́...

Kannscott Copper Lake Superior Corp. Liggett Myers, Clam "B" Lariiard Co. (Com.) Mack Trucks Madison Square Gardan Maytag Co Missouri Pacific (Com.) National Dairy Products Nevada Consolidated Copper Pacify Gas and Electric Co... Packard Motor Car (Com) Pennsylvania Railroad... Phillips Petroleum Radio Corporation Reynolds Tebaceo, "B". Shell Union Oil. Standard Gas & Elec. (Com.). Standard Oil of California. Standard Olf of New Jersey Standard Oil of New York Tara Corporation (Com) Toms Gal! Salphar Timkan Boller Bearing Trans-American Corp.... Union Carbide

Jak

Union Pacife RR. (Com.)

US. Inter. Sccarity Fid

68) 551

50.09 124. 13

******...... 17/8 not.

HK. & K. What........

FAK

W. Docks

Chine Providents..... Hongkow

Notr

Engineerings

Shanghai Dook

164 16

157 157

Ewo Cottone.......

00 931

Oriental Cottone..

25 271

106 1061

20.

231 23

$134 buy.

$40

35

Tis

Les buy. Th, 51 nom.

......... Tis. 108 buy.

19.20

20

Tis, 220 ml,

Shai. Cottons (old)..............The, 654 buy,

Do, (new) Tis. buy. H.K. &B. Hotels...... 119.30 bay

buy.,

Shanghai landa.......Tls. 163 bay. Hamphreys Katates......$14,50 buy.

9.49

For Baby's Tender Skin Cuticura Talcum

The ideal powder for his daily tollet and for assuring his penonal comfort. Daintily medicated and unexcelled in parity, it prevent chasing and imit tion and soothes, cools and comforts render skins.

Sample each Soap, Olarment and Talcum faze upon request, from Dayton, Price ✯ Campery, Lodi, P. O. Box 650, Shanghai B*** Bold Throughout the World

'... 87 60

HK. Landa ......

... 129 130

54

4242

H.K. Realtics

144 148

78 781

ELE, Tramway............ 120 bar, 21

20 buy.

THE

44 434

* 365 3661

... 157: 1594

До

281 281

88 841

Obina Light......$19) sol, de so.

704 701

331 537

H.K. Electrics (old) .............. $34 buy.

Do.

4348)

65

841

77 78

... 149 150

1311 1814

200 2014

2191 2191

.... 100 100

SOVIET TRADE UNION

FUNDS.

WHOLESALE EMBEZZLEMENT

ALLEGED."

Peak Trama (old)

yal 20.60 12.

ani.

(now) $6.80 Bom, Star Farina...............173, buy.

(new)...552 bay, 52.75 . Macao Electrics $264 buy Sandakan Lights

Talephones (old) ..........57 buy,

Do. (new)

China

Busc

Singapore Tractiona

Do

China

$6.00 bay.

The 11f buy.

(Pre£.)...17/6 bay., 18/3 seli.

...80 etā, nom.

Malabon Sugarn

Do.

.193 buy.

$$] nom.

$10.10 al.

(old)......$7.20 xom. (now)......$14 bay:

H.K. Ropes (old).......36) bay, d'aa.

Do.. (now)

United Asbestos

Watso

Der A Wings Lane Crawfords....

incerca....... Mackintosha....

CANTON KEROSENE OIL.

Green Lion

9.50

Full Moon

9.76

"LATEST QUOTATIONS.

Wo Fung

9.84

FINISHES INSULATING

Chai Mee

11.06

CANTON, Jan. 15th.

See Mui

10.40

Per

VARNISHES

Red Scal

8,99

Case.

SHIPS STORES

Red Pearl

8.56

Comet.......

97.70

U.S. Leather

...Malt Mult

Bugars

Greed B.B.

6.64

Eagle

7.10

U.8. Realty & Lup, Co.

Green Seal

8.40

Sheung Hi

7.90

U.S. Rubber (Com.)

PH

Blue Seal

6.30

Balance

7.50

C.8. Steel

***

83 81 45 47 1643 184

Canton Icar

Cements (combined).

Green Seal Brewer

6.16

Hang Fuk

7.20

Vanadium Corp.

1011 1001

Do

Per

Day Break

7.90

Weatinghouse Elec. (Com.)

Sugar,

Picul.

*Willys Överland Co. Wright Aeronautical

146) 144]. 831 33

... 264 2681

Taels.

No. 2 coarse powdered No. 3 coarse powdered No. 20 coarse powdered No. 1 Granulated...... No. 1 -Fine Granulated Waichow White. Spring Candy

TIN VERSUS ALUMINIUM.

8.11

Dairy Farms...

8.70

7.30

10.60

11.00

8.60

10.00

Per

Oil.

45.30

24.00 24.80

24.80

Dairen

28.80

Kwongsi Wood

26.40

Kwongsi Ten Sond".

90.50

Per

Flour.

Bag.

"Man-of-War

$4.10

Silver Seal

4.13

Sword of Kwantai

4.20

Banana

4.15

Cheung Luk

4.15

4.25

4.80

4.40

4.09 4.50

WILKINSON, HEYWOOD & CLARK

Shanghai and Hongkong

·QUALITY FIRST" PAINTS.

STOP COUGHS WHERE

THEY START!

"VÁNS PASTILLĖS goi EVANS

trouble, killing the germs that lurk in the innermost recesses 'of the nose, throat and chest.

Safeguard your health and that of your children always by having them ready to us at the first sign of a cold.

Made in England so the furule of the Liverpool Thema: Hospital and sold by Chemists everstiens.

Have a glass of

ASAHI BEER

it cheers & invigorates

ASA

TRADE

EVANS'

· ANTISEPTIC/THEGAT

Pastilles

Sole Agents:-

MITSUI BUSSAN KAISHA LTD.

HONG KONG,

Fanchi

Groundnut Oil:-

Minhow

Honan

..Tientain

Maiza

Cannon" Cabbage Dalton

Dog's Head

Wm. Powelin H.K. Amusementa

16,70

15 nom,

.391) sol:

$13.20 al. 80 eta, bas.

$20 nom 391 bay.

$3.00 nom.

$3.85 nom.

..$97] sel

H.K. Constructions o

'qus. Indas G.Bands...69% buy.

who recently discussed the pros and cons of the tin vs. aluminium

Riga, December 18th-Tomsky, Picul controversy advances the following in his report to the Pan-Boviet Taels points in support of his belief that Trade Union Congress, now in B. Cort, Loans...5% praz. sel, 44% **..

the increasing use of aluminium is session in Moscow, painted a

substantial factor in keeping the gloomy picture of the conditions buy-buyers; sel-sellors; sales; price of tin at its present level:prevailing in trade union circles, (8) The increasing world consump especially assailing the higher off- tion of aluminium. In 1913, this cials. He dwelt on financial abuses" amounted to 78,000 tons. In 1927, as being "the greatest sore on the it was over 200,000 tons, giving an trade union body." average annual increase of 8,500

In

the course they had

discovered ember mount-

union presidents. Personal appropriation of trade union funda was provalent in every branch of union activity, fac- tory committees, pension funds, and clubs.: Tomsky demanded that embezzlers should be shot.

tons. In the case of tin, however, six months, he the average yearly increase was ing to about 500,000 roubles [about roughly 2,000 tons, and in the year £50,000] of the funds of trade 1927 WAS leas than that of unions, and more than 30 per cent." aluminium (b) Aluminium, he of the offenders were Communists, observes, has come inte its present chiefly trade position without intensive advertis ing, solely because, from choice, manufacturers now prefer it. (c) Had aluminium not been discover ed, demand for tin to-day would be more than double what it actual ly is, and the price of tin would

Kroll, a member of the central now be considerably higher, had organization, began a speech in not this rival entered the field. which he declared that the unsatis- (d) The use of aluminium in the factory labour conditions manufacture of articles which were largely due to political measures formerly made out of tin.

Had aluminium not been discovered, tin on the part of the authorities, would now be used for these com to allow the Trotskyists to occupy especially their continued refussi modities. (e) Aluminium possesses important positions. The chair- Picul. the maximum tensile strength, with man, however, refused to allow the minimum weight of any metal Kroll to finish reading the pro- known. On the other hand, the

· HONG KONG MARKET REPORTS.

Quotations at yesterday's local market for rice, sugar and other | foodstuffs were as follows:-

Rice.

Luk Fa Lam Green Bird... Green O. Tau

White Bran..... Green Star Green Fant

Blue Grapes

Per

87.24 6.57

7.29

were

tensile strength of tin is practical. Posals he had prepared, and the con- gress deprived him of his member- 3.23 ly nil. (1) The output of ship in the central organization. aluminium can be increased to Amid an uproar he was expelled 7.42 practically any extent, without ex from the congress.-The Txmés. 8.03 tra effort, and with decreasing

8.91

cost. Against this, world-wide re-

search for new sources of tin has, LONDON PRISON ESCAPE.

meagre results. The reply of the tin industry to these gloomy sug- gestions will be awaited with in- terest.

-EXCHANGE RATES.

(BRITISH WIRELESS SERVICE)

Roger, Jan. 15th.

****+ 124.15

Green Elephant

7.92

Blue Seal No. 3

8.40

Green Beal. Brewer

3.42

up to the present, provided only

Blue Seal Broken

8.41

Green Seal No. 1 Broken ...

3.94

Green Dragon

8.44

Red Seal No.

3

9.43

Green Beal Brewer

6.39

Bed Seal Glutinous...

6.38

Red Seal No. 1 "Brewer

Glutinous

0.21

Sugar.

Per Picul.

No. 18 coarse powdered

87:23

Paris

No. 20 coarse powdered ...... No. 24 course powdered

7.40

New York

7.68

Brussells

34.00

Miscellaneous.

Geneva

Per

Amsterdam

25.91 12.00

Picul.

Milan

02.70

Red Melon Beeda

$29,00

Berlin

20.41

8.20.

Stockholm

Copenhagen

Oslo Vienna

18.14 18.18 18.10.

24.50

1634

1921

P. O. Box 1, Hong Kong

15 the Address. Write an Order for the Weekly Press to be sent you. for Three Months or Thirty Years. The first will cost you $8,75, and the Annual Subscription is $15,

Newchang Red Beans

CANTON STOCK EXCHANGE,

LATEST QUOTATIONS.

Water Works

The Sun Co

Prague

Helsingfors Madrid

--

BOLD DASH FROM WORM- WOOD SCRUBS.

London, December 1st:-Charles Coles, aged about twenty-three, who I was serving a short sentence at Wormwood Scrubs Prison, escaped yesterday afternoon, and was still at large at midnight.

Coles was engaged with other 4.85 1/18 prisoners on road repair work

within the precincts of the prison, and was not missed until the roll was called at 4 p.m.

28.70 109 5/16 375

807

5 20/32 47 -3/8 F/32

2/7

CANTON, Jan. 15th.

Lisban

83.90

Athens

Electric Power Co.

5.05

Bucharest

Canton-Hankow Railways

-0.31

Rio

6.80

Buenos Aires...........

Bincere Company.

9.70

Bombay

Nanyang Bros. Tob. Co.

4.45

Canton Tramways

2.00,

Yokohama

0.30

Silver (pak)

4.60

Silver (forward)

201

China Merchant 8.3. Nave

Central Bank

Shanghai

Hong Kong

2/01 1/10 18/32 20.5/10

Warders hurriedly searched the prison buildings and grounds, and the roads near the prison were scoured for hours by officials on foot and on bicycles, but there was no trace of the fugitive, e

It is believed that Coles, who had been regarded as a model prisoner; bolted a few minutes before the party was called together to be marched back to the prison. It is thought that he may have hidden until after dark in one of the housee now being built near the prison, and then made his way to wards central London, M

Detectives watched through the night outside the house where Coles formerly lived, and his description has been sent to all police stations,

nom.--gefins..

COMING!

GRIFFITH

THE

BATTLE

OF THE

SEXES

QUEEN'S

PROTECT, and STRENGTHEN

BOUT THROAT & CHEST

with

VALDA

PASTILLES

On Sale at all Chemists.

& Draggists,"")

INSIST on the boxes bearing the name VALDA.

SOLE AGENTS,

L. RONDON & CO., LTD.,

SHANGHAI

750,000

IS THE

TREMENDOUS

NUMBER OF

FRIGIDAIRE

UNITS IN USE THROUGHOUT THE WORLD

THE CHOICE OF SUCH AN ARMY OF USERS MUST BE FOUNDED ON ABSOLUTELY SOUND

PERFORMANCE

AND RELIABLE SERVICE

SOLE DISTRIBUTORS FOR HONG KONG & SCHINA

DODWELL & COL

QUEEN'S BUILDING

TEL C.1030

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