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A REAL DRINK
BOAR'S HEAD BRAND
GUINNESS'S
FOREIGN EXTRA
STOUT
A WORLD-WIDE REPUTATION
SOLE AGENTS:
GANDE, PRICE & CO., LTD.,
ST. GEORGE'S BUILDING, ICE HOUSE STEDET. Tel. Central No. 135.
BY APPOINTMENT.
Hong Kong.
General
Accident fire and Life
Assurance Corporation, Limited.
||
ESTABLISHED 1883.
HOUSEHOLDERS'
COMPREHENSIVE
POLICY
Insures the contents of your.
résidence against Burglary, Housebreaking, Larceny Theft (excluding theft by servants), Earthquake, 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 Chipa. The cover may be extended to a country outside China by arrangement on application.
AGENTS:
J. H. BACKHOUSE, LTD. TEL. No. 1733,
Have a glass of ASAHI BEER
it cheers & invigorates
1A, CHATER ROAD.
Sole Agents:--|
MITSUI BUSSAN KAISHA LTD.
HONG KONG
THE HONG KONG DAILY PRESS, SATURDAY, JANUARY 19th, 1929.
Money and Markets
HONG KONG MARKET
REPORTS.
Red Lion
CHINA TRADE.
BRIGHT PROSPECTS FOR THIS YEAR.
HONG KONG STOCK
EXCHANGE.
CLOSING QUOTATIONE.
January 18TH, 19:39
FL.K. Bakı......... $1,852 #ol., 1,354 m.
Do London...148 nom. Chartered Banks buy. Mercantile Banks, & &8.......£34 nom.
Cel nom
DOM P. à 0. Banks
East Asia Banks $881 buy. Canton, Insurance ......1680 bay. Union Insurances $370 bay, 371 sa. North China Ine..........
160.bay:
Yangtase Insurances.............. bl. 350. nom. Ohins Underwriters.
ego bul
China Fire Insurancos..i.
3
bar.
Hong Kong Fire Ina....., 3785 nom. Douglaso
nom.
The belief is entertained in Mando-Chinae (Pref.) .....:50 bay..
Quotations at yesterday's local market for rice and sugar were, sa follows:-
Rice.
Green Lion
Per Picul $1.97 7.20
MORE OPTIMISTIC FEELING IN MANCHESTER."
White Bran
3.30
Green Dragon
6.68
Mui Laa Fan
Green Flower Vessel
5.06 7.79
Green Double Peach
Red Double. Peach.....
Green Seal White Bran
Brewer White
1.99 3.23 648
Green Seal No. 1 Broken
5.06
Black Seal Glutinous.
Green Seal White
•
Sugar.
"
ado
H..
Steamboat... HR TO
4nguni 1:40 nom, chester that the signing of the new
Do. (Del.) ......$00 nom. 7.68 tarif treaty between Great Britain Shell Transports .......
113 nom and China opens up the prospect Banguote...40 bay.
Union Waterbosta........
824 buy. of return to more active trading Kian Mining Admin....70/- buy. relations between the two coun- Langhata(combined).............. Ths. 1 if buy tries. This is particularly impor-s'ha Explorations ... 11. 2.93 buy.
Do (single)....That nom. tant to the Lancashire cotton trade, Shanghai Loans .........Tia, 8.10 buy. because China was her second-best! Banbe MOMENTIRANECONOM
*6:51 nom, c customer before the war, when she E. & E. Wha$1921 buy. ..17/6 nota. Tranch
8.40 8,43
Per Picul. 87.33
7.40 1.60
No. 18 coarse powdered No. 20 coarse powdered No. 4 coarse powdered
CANTON COTTON YARN MARKET.
took over 700,000,000 yards of cot-
ton piece goods, as compared with only a little over 100,000,000 yards last year.
Mr. W. Maxwell Reekie, chair-
I both Canton and Shanghai mat of the China section of the markets things were very quiet on
At Shanghai prices Manchester Chamber of Commerce, Thursday. again dropped half tael per balestated:- while at Canton there was a drop of $1.50 per bale.
Fer
مظلمت
E.K. & W. Dooks China Providents Hengku
New Engineering
Shanghai Dooks
Oriental Cottons Bhi Cottona (old)..
Ewo Lotions........
90% (iew),་,་ K. Hotels...
HK. Lands
..$40 buy.
..$5 buy, 51 sal
TL. 184 buy!
alis af nom.
Tis. 106 buy.
T. 220 sal
13.20 2012 T65 bay.
32 bay.
bay.
Shanghai Lande TL 165 bay.
Elumphreys Estater......81180 bay. BLK. Real... The
$9.30 buy.
"We have expected this for months. It ought to open up bet Quotations for cotton yara, oa Thursday at Canton were as folter relations with China.
principal thing about it is thas. it should clear away misunderstand. ings that exist in the minds of the Bale. Chinese. There have been anis understandings, perhaps on both sides, but these should now be re- moved. Matters should improve as soon as the Chinese are able to get their Government firmly in the saddle.
lows:-
No. 42 Five Sona
Fui Hee
8560
Butterly
No. 39. Pine Deer.
329 530 470
Tin Koon
Cheung Hee
464 460
No. 20 City of Gold
324
Globe
319
Good Harrest
314
Double Horse
308
Tin Koon
318
Double Elephant
319
Ng Fook
305
Tram Car
Man Clock
303 311
Shepherd
301
Three Stars
303
Fui Kwai
312
No.16 Globe
291
Fui Kwai
900
No. 19 City of Gold
279
Peacock
979
Fui Ewai
274
Tram Car
963
Aeroplane
978
Pretty Damsel
GAD
235
City of Gold
R
Peacock
254
244
204
902
| No. 10 Sailing Vessel
Lotus Bee
No. 8 Lion.....
No. 2 Lion
CANTON MARKET REPORTS. Quotations at Thursday's market at Canton for rice, sugar, dour and other foodstuffs were as follows:
Rice.
Ching Wo Fung Chung San Green O Tata Double Peach Red Lion Three Marks fireen Seal Red Seal
Elephant Elephant Red Seal No. 3 Blue Seal No. 2
Sugar.
Per
$10.00 8.75
9.34
Although there is no internal fighting going on, there are a good many armed forces atanding by waiting to see what will happen. They have not been disbanded. It is too soon to throw up our capa and say we are out of the wood, but everything is going on very quietly and nicely. There is cer-
EL Tramway....... 120 buy. 20 sel. Peak Trama (old).........$13 al.
Bo (new)... $8.90 nom. Obina Zagbis. Star Ferries
$121 BOL
H.K. Electrica (old)......$54 bay. &. (now)........$521 bay, & sa. Macao Electrics Bandakan Lights
$261 bay, Talophones (old)
Do.
пот.
$t bay. Uhins Buses viz......
(new)....
***Tia. lit buy.
buy. ...$6.90 bu Singapore Tractions......12/. nom.
(Pref.)...17/8 bay, 13/3 sel. China Sugars
80 cl. buy. Malabon Sugars, bay. Canton Icss3 Dom, Cementa (combined) $1.20 sal.
Da.
Do. (old) ......87.80 xom.. Lo. (now)......$1+ buy.
Do (now).........$6.85 bus
buy. United Asbestos Day
Fa Watsons
tainly more optimistic feeling.. Eoper (old) $5.90 bay. about, and as soon as we can get our costs of production down-that is the main trouble-we can look forward to an increasing trade with China."
Mr. Dodwell's Views.
To a Morning Post representa tive, who interviewed him follow
ing the announcement of the sign-
g of the new Sino-British Treaty
of Commerce, Mr. Stanley Dodwell,
nel.
$10.06 buy 13.80 mol.“
Der A Wing... Lane Crawfortis....... Mackintoshs,
Sineres ma
Wa. Powells.....
H.K. Amusements
80 ota, bay
$3.05 nom,
$20. nom. 191 bay.
$3.65 BDM.
Constructions.lt now,
'qus. Indus. G.Bonds... 68% buy,
iL interest.
of Messra. Dodwell and Co., of St... Govt. Loans.....4% prom, sel.
Mary Axe, said:
THE TYPEWRITER
that interested
H.M. THE KING
The
Imperial
“IMPERIAL". TYPEWRITER
Not only because it is
BRITISH
- but because it is
CHEAPER and BETTER
Every Firm interested in.
EFFICIENCY and ECONOMY
should call and Inspect this wonderful new machine for themselves.
Sole Agents:
T. E. GRIFFITH, LTD.
6, Queen's Road Central.
GAME
Tel. C. 3517.
[[ALPM]
A Fresh Shipment Just Received.
COCK PHEASANT.
HEN
SNIPE
$1.50 EACH
31.10.
.35
PIGEON
.40
som-nominal
TEAL DUCK
.50.
ROYAL
WILD DUCK .
*4*4 $1.00 SAME HIGH" QUALITY.
32
THE
"Trade with China has been buy-buyers; sel-sellers; an—sales; stagnant ever since the summer, as people have been waiting for the
are those approved by the THEATRE tarif treaty. The rates agreed International Powers at Peking in
They are moderate, and should not interfere with trade. The date of enforcement is Febru ary 1st in China. This is rather Picul. unfortunate, as it means that neighbouring Powers to China will be in a position ship many goods into the country before the begin- ning of the tariff, and as the average time to ship goods to China from this country is about" two months, we are placed at rather a disadvantage. A great deal of merchandise has, of course, been going out lately in anticipa-
9.75 9.90
9.68
9.39
9.03
9.10
9.235
9.90
MACDONA PLAYERS
SATURDAY, January 19th
FAREWELL PERFORMANCE
tion. I may say that we were all "MAN AND SUPERMAN"
Por frightened, that the rates would be Picui.excessive, but that has not proved Taels to be the case, and I am more than
No. 2 coarse powdered No. 3 coarse powdered No. 2 course powdered..... 7.90 No. 1 Granulated. No. 1 Fine Granulated Waichow. White
8.15 7.80
10.80
11.30 9.60
Per
Floux.
Bag,
Man-of-War
$4.03
Silver Seal
4.10
Cheung Luk
.4.15.
Maize
4.25"
Sword of Kwantai
4.50
Cannon
4.80
Cabbage
4.40
Dalton
4.08
Dog's Head
4.50
Per
Picul.
Groundnut:-
Taela.
$4.90
.Tientsin
Dairen
Kwangai Wood
Kwangsi. Tea Seed
24.75 20.50 $7.80 ****** 20.90
Honan
hopeful for the future, I am of the opinion on the whole that a bright time lies ahead for the China trade, but we must not for: get that a general election is ahead. of us, and if the Baldwin Goveru- nient were not to be returned to office we might see many of our present advantages wiped away, with disastrous' results."
PRESENT ASPECTS OF SILVER.
SHANGHAI STOCKS VERY LARGE.
Shanghai, January 15th:-If one
may judge by factors prevailing at present in China, the immediate future of silver is not bright. The stocks of silver in bank vaults at Shanghai are very large, uppro
CANTON STOCK EXCHANGE.ximating 85 million taels sycee and
CLOSING QUOTATIONS.
CANTON, Jan. 16th. Water Works........
82,90 Electric Power Co..... 5.08 Canton-Hankow Railways... 0.80 The Sun Co.
6.80
Sincere Company...
8.63
Nanyang Bros. Tob. Co.
4.30
Canton Tramways
2.70
China Merchant 8.8. Nav.
Co.
0.50
Central Bank
4.55
KON
HONG
bars, plus over 100 million misted dollars. The outflow of money to outporta remains very small" In
"
Booking at Moutrie's
[7297
INSURE
YOUR
MOTOR CARS
WITH
GILMAN'S
addition thereto, it must be noted OCEAN' COMPREHENSIVE
that further considerable quantities of bar silver have been shipped from the United States to Bhang- hai, since the opening of 1929 :-- $3,200,000 worth from San Francisco
3,000,000 worth from New York. 190,000 worth from London.
The price of the Shanghai silver dollar has declined further to Tie. 71.75, a quotation not seen since KONG LAND INVEST-17 are not inducive to minting, a August, 1926. Such prices natural-
MENT.“
FINAL DIVIDEND.
fact which is detrimental to the enhanced import of silver. During the week under review, there were some shipments of silver dollars to The Directors of the Hong Kong Tsingtao, where the dollar price, Land Investment and Agency Co., expressed in terms of the Shanghai | Ltd, have declared a final dividend tael ruled as high as 72.6, but, jo of $2 per share. This, with the order to impress our market, the interim dividend of $2 already demand from the North would have paid, maker 84 in all for the year to be more persistent.-N.-C. Daily 1928,
News,
POLICY.
(160
LONDON BUYING AGENTS]
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prices and bost disonata.
KEYMER, BUN & 00. Whitefzairs, London. Keyan, Londóri”, En, 184
Teleg.:
L
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