Page
A REAL DRINK
"BOAR'S
GUINNESS'S
HEAD BRAND
FOREIGN EXTRA
STOUT
A WORLD-WIDE REPUTATION
SOLE AGENTS:
GANDE, PRICE & CO., LTD.,
ST. GEORGE'S BUILDING, ICE HOUSE STREET,
Tél. Central No. 135.
W
Hong Kong.
HERE is no worry of anxiety in rearing Baby
healthfully and happily, even in a tropical climate, when Glaxo is used as Baby's food.
Glaze is the food that has been used to rear the children in five Royal Nurseries Court Physicians see that Royal Babies have the best and most nourishing food- that is why Glaxo has been chosen.
Give
your Baby Glaxo, and watch the difference after a few days; see how restfully he sleeps, how contented he is and how steadily he increases in weight. Ask your Doctor 1.
Glaxo
The Vitamin Milk Food
"Builds Bonnie Babies'
W. R. LOXLEY & CO., BOLE AGENTS.
Asahi Beer
Invigorating & refreshing.
Sole Agents:-
THE HONG KONG DAILY PRESS, FRIDAY, JANUARY 18th, 1929.
Money and Markets
HONG KONG MARKET
REPORTS.
Quotations at yesterday's local
NEW $500 NOTES TO BE
ISSUED.
ADVICE FOR BUSINESS- MEN.
MR. SCHWAB'S TEN
COMMANDMENTS. Z
New York, January 2nd:-The dawn of the New Year sees all American commercial and financial
·leaders expressing confidence in con tinued prosperity Mr. Charles M. Schwab, Chairman of the Bethle
America has reached an amazing degree of general prosperity, and the problem of to-day is what to do to make the prosperity permanent.
Mr. Schwab gives the following ten rules as a key to lasting pros perity:→
market for rice, sugar and other HE AND SHANGHAI BANK'S hem Steel Company, contends that foodstuffs were as follows:-
Rice,
Red Flower Bottle Green Fish
Per
Picul. $7.81 7.03
Green Seal Brown Black Seal Broken
....... 8.87 5.43
Horse Brand
7.95
Red Seal Broken
3.41
Red Spectical
8.43
Green Seal Brewer
6.13
Oreen Seal No. 1 Broken
8.02
Red Seal No. 1 Broken
3.97
Red Seal Glutinous...
8.21
White Bran
3.41
Sugar,
Per Picul. No. 18 coarse powdered
**** 87.35 No. 20 coarse powdered ....... 7.50 No. 94 course powdered ...... *.63 Big coarse powdered .......... 7.69
Miscellaneou,
Honey
Wood Oil
Raw Cotton Sago
Per
Picul. 893,00 31,00 17.70 11.00
CANTO. COTTON YARN MARKET REPORTS...
{
ANNOUNCEMENT,
8500 notes of a new design wil. shortly be issued by the Hong Kong and Shanghai Banking Corporation thus completing that Institution's | intention of replacing their entire circulation of Notes in this Colony.. The new notes, which are slightly shorter than the old, are of a light purple shade with the centre of the front and a border«an the back in polychrome.
In conformity with the previous notes of this issue a prominent feature is the medallion carrying a water-marked head of Britannia and the figures300." This is balanced by a seated female figure whilst the centre is taken up by the Bank's crest and the words Five Hundred Dollars. The figures "300" becupy each corner, three of them Chinese équivalent having the adjacent.
The reverse has a view of the I main entrance of the Book as a centre piece surmounted by a herald and flanked by two oblong panels, one having the denomination * 500 dollars in it and the other the hend of Britannia previously men- tioned.
A cable from Shanghai on the 16th instant stated that the price for No. 3 yarns had dropped taels per hale, and others had dropped 1 tacl per bale: Wednes day's market at Canton was also | two members of the Bank staf. very dull and quotations fell by 83 a bale.
The serial number will be seen in six places-twa on the Ence and four on the reverse.
Quotations at Wednesday's man ket at Canton were as follows:-
Butterfly
Per Bale.
No. 12 Five Sons
8300
332
Fui Hec
329
No 2 Pine Deer
$10
Tin Koon
484
Cheung Hee
461
No. 20 City of Gold
324
Globe
319
Good. Harvest
34
Double Horse
308
Tin Koon
318
Tram Car
305
Max Clock ......
312
Shepherd
300
Three Stars
305
Fuzi Kwai
319
291
Fui Kwai .....
290
No. 12 City of Gold
#278
278
973
Tram Car
238
Aeroplane
273
Pretty Damsel
No. 10 Sailing Vessel
255
City of Gold
954
234
244
204
202
No. 16 Globo
Peacock
Fui Kwai
Peacock
Lotus Ber
No. 6 Lion
· Hut How
CANTON MARKET REPORTS.
Quotations at Wednesday's mar- ket for ride, sugar, flour and oil were as follow:-
Rice.
Green Wo Fung
Green Elephant
New Moon
Blue Lion
The notes are dated 1st October 1927 and will be autographed by
THE RUBBER MARKET.
MODERATE OPTIMISM FOR
1920.
Mesers. Carroll Bros have been advised that rubber has remained steady heavy shipments from Malaya, amounting to 66.763 tong in December, having failed to produce any noticeable effect on the market. Of this amount 43,538 tous are des- tined, for the United Statea.
It is believed, however, in London that consumers, reserve stocks will need replenishing in the near future; which process would naturally tend to mitigate the gradual increase of stocks referred to above.
From New York comes the state- ment that trade authorities there consider the outlook for the current year to be the best for many years past
Temporary setbacks must be ex- pected but there is
every excuse for moderate optimism in respect of the second half of the year at any rate..
It would appear that too many are waiting for a fail in prices before purchasing for forward delivery to permit of any such deeline being long maintained.
We append her latest quotations and dividende.
Sandycrofta
1.—Pay labour the highest possible wages. Prosperity is intimate- ly related to a liberal wage scale.
-Treat labour as a business Successful industry partner. depends more on human re Intions than the organisation
of money and machines. 3-Conduct business in the full light of day. Public confidence and public saspicion may be separated only by a door. 4.-Remember the law of supply and demand is inexorable. Remember also the unacces- sity of excess production. 5.-Live and help to live. Even prosperous industries are un- able to save backward indus tries too far behind in the procession. Prosperity to be permanent must be equally distributed.
54
1. Never be satisfied with what
EXCHANGE RATES.
(BRITISH WIRELESS - SERVICE]
Ruday, Jan. 10th
194.10. +84 31/84
Paris New York Brussels
Oslo
Сепета Amsterdam Milan Berlin Stockholm Copenhagen
Vienna Pragua *Helsingfora
Madrid Lisboa Athens Bucharest Rio Buenos Aires. Bombay
Shanghai
Họng trong Yokohama
Silver (spot) Silver (forward)
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
JANUARY 17TH, 1949. A.K. Banks............. p...$1,3650 sol, de s
London...£118 nom. Banki
bay ¦. Banks, A. &B...£94 nom. U...Clat nom,
DO
Union Laurances..
North China Ins.
34.900
23.91
12.091
Do Chartered Marcantile
99.693
P. & O. Banki
20.409
East Asia Bankı
19.14
Canton IngurENCES
18.19
18.193
34.00
1631
1993
99.703
100
375
H. Steamboat...
309
5 29/32
47 13/32
1/6.1/32
2/1
2/01
..188) buy. $6771 bay ..$370
buy.
160 bay,
Yangtze Insuranoes..............AL. $50 Bom.
China Underwriters.......20 day. Hong Kong Fire Ina... $795, com. Douglas **********
China Fire InsuraROPE..... 3050 buy
H... Tags Indo-Chinas (Fret.)
Do.
(Dot)
..$38+ Dom. ફેરા કરી ન
$1.40 nom
...$50 bay.
800 nom.
Shell Transparta ******119/- nom
Waterbosta.....
Union
Benguets
$24 buy.
O bay.
..$2.40
Kaila Hising Admis....70/-bug.
1/10 13/32 Lagata (combited).... }libay.
281
9.—Look, think, and wait! It i"|
eagier to avoid depressions than to cure them.
10-Smile and be cheerful. Work
(ingle)
S'hal Explorations Shanghai
LOUS
Bende samman Tronah Mince R.K. &K. Wharf..
K. & W. Dockx
China Providenta
upon the basis that the fun ongkiri
mental business purpose is promotion of the happiness of mankind.
50 cie, nom. · ·
China Sugar Malabon Sugars ......$2 bay. $31 nom. Canton Ice Cements (combined).$70.20/4 su.
Do. (old).$7.80 Mom De (now)......$1 boy. 6. Welcome new ideas. In order
E.K. Eapes (old)....36.80 buy to establish permanent institu-
Do.
[asse)
...101 buy. tions we must always be pre-United Babestos pared for change.
Dairy Farms............. 321 sei. Watson's
$13.06 bay, 1280
13.30 sal. is achieved as sufficient. Con-Der A Wings placenes in success will not Lane
Lane Crawfords......... $3.05 com. Mackintosh......... promote progress.
$20 nom. 8.-Operate business on the most Binceresia
..Je bay.
$3.65 nom. economical basis. Price-cut- ting, over-expansion and un- economical distribution are harmful to business and to the public, as price-fixing mono- polises rebates. (Continued on next Column),
Wm. Powells. H.K. Amusements 972 wel, H.S. Constructions ...... nom.
'que. Indns. G.$Bouds...69% bay. H.K. Gort. Loans .........6% prem sel. buy-buyers; sel-sellers; s. -saludj "om.—namina!
Engineering
Shanghai Decks
Bwo Colous.. Oriental
Cottons.......
Tis, & nom.
Tls, 2.9) bay.
Tix. $.10 bay.
$52 nom.
17/6 poun ...$137 bay.
bay.
„Tia.
15 bay, 6t sei.
Tie. St nom. Tla, 106 buy,
bs buy.
18.20 201 TE..
T. 220 Ol
S'hai. Uations (old)......The 85+ bay..
Do.
(now)......The. H.K. ES.. Hotels...$9.30 1 9.40 sal,
...$65
Lady
Shanghai Lands. T. 165 bay. Humphreys Estates.....$14.80 buy. H.K. Realties
HAK. Tramways..............
Peak Tram (old)
Do.
Star Ferrice
i hina
120 buy-
..38.20 buy.
.38.50
73) bay.
тон
H.
..$54 buy, & ea
Do. (new)...85%) baya 531.858 Macac Electrics
Bandakan Lights Tulephones fold)
,"
.........$? buy. Do. (8) $6.90 buy.. 7.10 China Buses....... Tiz. 118 buy, Singapore Tractions......12/- num.
Do. (Prof)...17/8 buv., 17/3 sel. (Continued on previous Column.)
Some of the Feature Numbers from the JANUARY list of VICTOR RECORDS
Here's a great start for the new year. Music to please everybody. Popular ditties of the hour. Smooth dance music with a wallop in every rhythm. Several selections of the more serious music. You'll be missing something if you fail to hear these January Victor releases. Plan to visit us soon!
INSTRUMENTAL AND VOCAL RECORDS Christmas Hymns and Carols--No. 3
Hark! the Herald Angels Sing-Chris- tians, Awake-Haly Night-Oh Little Town of Bethlehem—Eallelujah Christmas Hymns and Carols-No. 4
Calm on the Listening Ear-It Came Upon the Midnight Clear-Nazareth- Star of Bethlehem-Oh Come All Ye Faithful
TRINITY CHO
Three Shades of Blue Suite---Part I
Indigo (Grofé)
Three Shades of Blue Suite-Part 2
-Alice Blue-Heliotrope (Groté)
PAUL WHITMAN AND HIS
No. 35946, 12-inch
Prelude in G Minor (Rachmaninoff,
Op. 23, No. 5) VICTOR CONCERT. ORCHESTRA
No. 15951, 12-inch
CONCERT ORCHESTRA No. 35952, 12-fach Twisting the Dials-Part 1 and Part 2
THE RAFFINESs Bora No. 35953, 12-inch My Little Old Home Down in New
"Orleans With Guitar Dear Old Sunny South By the Sea
With Guitars
J154 MIN ROOGTĖS
No. 21574, 10-inch
POPULAR DANCE AND VOCAL RECORDS
I'll Get By As Long As I Have You
Fox Trot With Vocal Refrain
IRVING ALONSON'S COMMANDERS Sleep Baby Sleep With Vocal Refrain
EDWIN J. MCENILLY'S ORCHESTRA
No. 21786, 10-inch
Sonny Boy (Theme song of the motion
picture production, The Singing Fool) Jeannine I Dream of Lilac Time
(Theme song of the motion picture pre- duction, Liza Time) VICTOR SALON GROUP
No. 35945, 12-Inch Cross Roads (from the Metro-Goldwyn-
Mayer picture, Shore People) Marie (from the Calted Artists picture,
The Awakening) (Berlin) FRANKLYN BAUR
No. 21787, 10-4pež
Sonny Boy (from Warner Bros. picture,
The Singing Fool) She's Funny That Way-I Got a
Woman, Crazy for Me GENE AUSTIN
Quotations.
Alleabys
$2:10
Ayer Moleks
1.85
Prelude in C Sharp Minor
(Bachmanino, Op. 3, No. 2)
Ayer Panas
4.GD
Per
Picul.
Changkat Serdangs
4.75
Jerama
1.30
$9,84
Jimaha
1.75
9.77
Kedahs
3.15
9.76
Lunas....
1.95
10.90
Malaka Pindas
1.70
Green Lion
9.50
New Scudais
1.75
Red Lion
9.72
New Serendahs
2.85
Three Marks
9.48
Pajams
1.80
Chai Mi
8.22
See Mu......
Puoggors:
0.76
10.04
2.00
Red Seal Brow
3.90
Red Pearl Brewer
Dividends.
7.30
Blue Seal Brewer
7.35
Cicnealys: 5 per cent.
Green Seal Brewcy Green Seal Broken
8.40
Kuala Sidims: 7 per cent. int.
,6,00
Hinta Tin Mines, Ltd.:
per
Per
cent.
Sugar.
Ficul.
Tanjong Tin Dredg., Ltd.: 5 per
Taels.
cent.
No 2 coarse powdered
8.90
No. 3 coarse powdered
8.70
Gopeng Consolidated, Ltd.: 9d.
per share.
No. 20 coarse powdered
7.80
No. 1 Granulated
10.30
No. 1 Fine Granulated
11.00
Walchow White...
0.50
Per
Tlour,
Bag,
8410
Silver Seal
418
Banania.
4.15
4.15
Maize
4.25
Sword of Kwantai
4.20
Cannon
4.80
Cabbage
4.40
Dalton
4.09
4.50
Oll
ASAH
Groundout:- Fanchi
Minhow
Honan Tientsin
Dairen
MITSUI BUSSAN KAISHA LTD.
OR SALE.
HONG KONG.
HPORTS of the EETING
TONG KONG HANSARD EE
of the LEGISLATIVE COUNCIL
the Session. 1927. ***
for
Revised by Members.
FELIX
HAT SHOP
NEW YEAR SALE NOW ON
HATS, FROCKS
Man-of-War
Cheung Luk
Dog's Head
Kwangxi Wood
Kwangsi Tea Seed
Per
Southern Perak Dredg., Ltd.: 5
per cent..
Fengkalen, Ltd.: 10 per cent... Idris: 10 per cent.
Malayan Tin Dredg., Ltd:: 10 per cont. final, 10 per cent. boņus,
10 per cent. int Taiping Tins: 7 per cent. int.
THE ZINC INDUSTRY.
41
PROPOSED WORLD CARTEL.
"Negotiations with American pro- ducers have been recently resumed at. Brussels, with a view to the Picul. creation of the projected world zinc Tacls. cartel Apparently it is only in- tended to establish the cartel for a year, when the situation will be re-examined,
25.45
24.00
21.10
24.80
20.40
-28,20 20.40
CANTON STOCK EXCHANGE. LATEST QUOTATIONS.
The present intention is to fix & minimum price per ton and to limit output in Europe and America whenever quotations fall below this minimum price.
CANTON KEROSENE OIL.
LATEST QUOTATIONS.
"CANTON, Jan. 18th. Water Works
83.90 Electric Power Co. 3.05 Canton Hankow Railways... 0.50 The Sun Co.' ...
CANTON, Jan. 18th.
8.80
Per Casc.
Sincere Company
9.70
Comet
87.70
Nanyang Bros. Tob. Co.
4.30
Cheung Hi
7.20
PRICE
Canton Tramways
2.66 Eagle Bran
7.10
17, LOR HOUSE STEKT, Horo Koro.
Tx. 0.6294.
Hong Kong DAILY Pazs Cyrics
China Merchant B.S.; Nav.
Co.. Central Bank-
Balance
7.50
6.50 Hang Fuk
7.20
4.65 Day Break
1,20
and Novelties at Bargain Prices.
No. 21779, 10-fach Dusky Stevedore
Blue Shadows (from Earl Carroll's
Vanities)
THE REVELERS No. 22765, 10-inch-
Pais Just Pals (from the motion picture
production, Subscrine) Remember Me to Mary (I She Stil
Remembers Me) THE MELODY THREE
No. 21754, 10-Each ******* There's a Rainbow Round My
Shoulder (from Warner Bros. picture, The Singing Fool) Happy Days and Lonely Nights
JadnY MARYzE Ma. 21780, 10-kuch Pourpanola--Fox Trot (denna the musical comedy, Thres Charra)))) With Vocal Cherus
Maybe This Is Love-Fax Trot (from the musical comody Three Cheers) With Vocal Befrain WAKING'S PERKKYLVANIAMS
No. 21728, 10-bach
Say That You Love Me-Ear Trot
(from the musical comedy, Hello Yourself!)
With Vocal Refrain·
I Want the World to Know-Fox Tro
(from the musical comedy, HelloTourasi!!) With Vocal Refrain
"WARINO'S PENNSYLVANIANS
No. 21783, 10-ducks
Shreveport-Stomp Shoe Shiner's Drag-Slow Blues
"JELLY-ROLL" MORTON'S Rão Hot Pierc
No. 21650, 10-inch
For Trot,
I Found You Out". When I Farmd You "In" Somebody Else's Arms
WIENS AND HIS ORCHESTRA With Vocal Refrain
Take Your Tomorrow (And Give Ma
Today) Fox Trot With Vocal Refrain
Erwin J. MCËNELLY'S ORCHESTRA,
No. 21773, 10-inch Another Kiss—Waltz (from Paramount
picture, Manhattan Cocktail). With CopyRefrain THE TROUBADOURA Gotta Be Good-Fix-Trot
(from Paramount picture, Manhattan Cocktail) With Vocal Refrain NAT SHILIGET-AND TRE VICron Orchestra,
No. 21772, 10-inch
Ohl You Sweet Old Whatcha May Call It
Fox Trot With Vocal Refrain
· My Scandinavian Gal (By Yumpin'
Yimizy)--Fax Trot With Vocal Refrain
ISVING AAROMBON'S COMMANDELS
No. 21778, 10-inch
Upe-a-Daisy-Fax Trot
(from the musical comedy, Upe-a-Dojes ()' With Vocal Chersa
Will You Remember? Will You Forgo Tax Trot (from the musical comedy, Upea Daisy!) With Vocal Refrain VECTOR ARNEN-
PHIL OBMAN AND Their Ongzamernă.
Ma, 21776, 10-tach
Just a Sweetheart-Fox Tret
(from the motion picture production, The Bajili óf the Sexst) With Vocal Refrain NAT SHILKETY AND THE VITEZ ORCHESTRA Was It Love?........Waltz Wük Vecal Refrain
THE TROUBADOUNE
No. 21771, 16-inch O
S. Moutrie & Co., Ltd.
Chater Road.