and Markets

Money and

HONG KONG MARKET REPORTS.

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

Green Single Boat Red Aeroplane Green Elephant

Black Elephant

Hung Wo Furg

Rice.

Pet Ficul.

Green Double Boats

$7,09

Red Double Boats

8.88

0.89

6.82

6.92

€70

6.02

Luk Wo Fung

7.09

Green Double Coins

4.78

Green Peacock, Glutinous

& ON

Greer Seal, No. 1 Broken

glutinous

6.35

Red Seal, No. 3

6.95.

Green Grapes

9.11«

Red Grapes

1.46

Green Seah, No. 1 Broken

3.80

Lam Poo Sing, Broken

6.32

Red Seal, Broker:

6.12

MiscellaneouA.

No. 24 Coarse granulated

8 7.99 sugar Groundnut ail-Fongtze ..... Selected White edible

bird's nest... ******* 2,600.00 First Class edible bird's

meat ....

1,850,00 22.00 4.80

Red Melon seeds

Broken edible seaweed

China root, old

15.50

Scarlet Beam

Green Bean

9.10 0.70 0.90

2

White Bean

HONG KONG SHARE MARKET.

BUSINESS REVIVING AFTER "CHING MING.”

WESSRS, BENJAMIN' &' POTTS' WEEKLY REPORT.

THE HONG KONG DAILY PRESS. SATURDAY. - APRIL 13, 1929.

HONG KONG STOCK EXCHANGE.

CH

CLOSING QUOTATIONS.

APRIL 12, 1929. H.K. Banks...45 el.

London....nom Do Chartered Bank £1) dia bay. Marcantile Banks, A. &B...194 nomu

0...215 Do..

www.cat

$ del 2.10. bay. ...3710 nom $36.).

Banks. nom. 2.0. East Asia Bake ba

$9000. Canton Insuranceɛ ........ „1890 buf. Onion Insurance.........$350 sei,

+ Thân 160 bay North China Ing. ........ Yangtze Immaco.............. China Underwriters....... Chins Fire inrarandes.... Mesara. Benjamin and Potts' in

H.K. Fire Ins their weekly share report state:-Denglass

During the period under review K. Steamboat

H.K. Tags business has been very quiet and Indo-China (Prol.)

Da (Def.) prices in several cases have shown An easier tendency, hut with the Shell Transporta...

Baien Waterlcats.... termination of the Cting Ming" Festival & more active market may Bengueta be expected.

192 nom.

39/- nom.

$22; nom.

nom.

Kailan Mining Aumis.... Langkats (combined)....Tla, 14 nom, Ths. 7) nom. Do.. (singia)

Tik. 2.90 sal Bha Explorations Shangaa Las...

so

Bank-Hong Kong and Shang- ha Banks have ruled very steady with sales made at $1,240/$1,945. The London quotation is unchang-Baube ed..

"Marine & Fire Insurances.- Unions have further weakened and were sold at $379. Cantons are en- Hong Kong quired for at $e05. 29.50

Fires rosa to $780, but bave since lapsed to a nominal quotation. Underwriters were booked at 82.10. Shipping. Beyond small sales of Hong Kong, Canton and Macao Steamboats at $24, there is nothing to report under this section.

Docks, Wharves & Godowns.- Hong Kong and Kowloon Wharves continue in demand at 8123 Shanghai Docks have fallen away to a buying rate of Tha.. 121 New Engineerings are wanted at Tla. 4.55 and probably a little more would be paid. Hongkew Wharves have strengthened and were brought up to Tis. 178. China Providents can be placed at 84.55.

CANTON COTTON YARN MARKET.

A' Shanghai chble dated April 11th atates that the price of Japanese cotton yarn has fallen by one tael. In Canton, stocks are scarce and the price of No. 20 native yarn has increased by lour to five dollars and that of 5de yarn by three to four dollars. The mer chants are still uncertain as to whe ther or not it is safe to order Japanese yarns: Quotations at the latest market are as follows No. 42 Five Sans

Butterfly

No, 32 Pagoda

ارم

Tronoh Mines .............

K&K Wharts... K&W.Docks

The 4) 201.

$6.65 nom.

..17/6 pora. ..$113 bay.

37

$4.55 bug. Tis. 178 buy.

lla. 4.55 bus.

ham.

Chins Providents ........... Hongkewa **** New Engi

Tis. 121) buy. Shanghai Decks.

TL. 1885 zom Ewa Cottons .................... Oriental Cottons... T. 1.99 buy. S hai. Uotton (ok). I74 buy. Do. (new).. T. 34 boy.

$8.80 Hotals........ HK H.K. Lands... men

$63 nom. Shangbai landi.......... Tls. 171 bag. Hamphreys state......$14.95 buy. H.K. Healtics ...........58) nom.

18.30 sol EL. Tramwaya ..... $18 buy.,

........112) buy. Peak Trams (old)..........

Bo

10.30 num.

367 mais, ..$13) bay, 13.40 sal. H.K. Electric 1564 boy. 563/57 sa Macao Electrics ..........120 nom. Talophones ...........$7 bay. Bandakan Lights 2 wel

Tla 13 bay.

Star Ferries...... Obins Light

China Bates

Singapore Tractions

33

HL.A. Hopes United Asbestos

пот.

Lands Hotels & Buildings.

"Do (Pref)...16/6 bay. Hong Kong Lands were again dealt in at 863, the market closing a China Hogan $1 sei. trifle rasier. Hong Kong & Shang- Malabon Bugars$27 bay. hai Hotels have had transactions at Canton Lees $2 nol., 13 xa. 85,55, and more are obtainable at Cements (combined), el. this figure. Humphreys Estates

(old)... nom. have buyers at $14.35 and Realty's

(new)$1.40 buy:

37 xel. at St.

..$3 nom. Public Utilities.-Hong Kong

Bal. Electrics have slightly weakened Dairy Farms 101| and were sold from 8379 down to Watson........ Der A: Wings $581, with buyers offering $583 ut the close. A fair quantity of China Lane Orawferda... Lights were taken off the market at $13/813). Star Ferries are steady at 807. Telephones fetched 87. Hong Kong Trama show a further decline and came to business at 18 and $18.10. Peak Tramp are un 448 changed?

Miscellaneous-Deals were made in Dairy Farm at 819). Green Taland Cements (Old) are on offer at 88. Malabons have buyers at 827 ex the dividend of P.3 just paid. Hong Kong Amusements can be placed at. $25. Hong Kong Government Ecan has been dealt in

380, ates per cent premium

Cotton

sta, bay,

Kel. Mackinto.......

...$18 x div, bay. Bincerestudee

...il bay. Wm. Powell.....................

$3.65.nom. 195-buy. ELK Amusements · d

eal. H.K. Constructions petenda ka

'que. Indas Bonds...68% nam.

Govt Loans...717 prem, buy.. bay-baye, sel-seller-saics;

nom-nominal.

RUBBER.

Messta. Pentreath: & Co. have

kiidly forwarded on the following

remain Mills.-Ewo

steady with sales round abous Tlatter,"dated March 13, from Born

13. Shanghai Cottons have streng-by, Hemelryk & Co., Liverpool

thened and buyers are now offering The market has been uninterest-

Tls 74 and Tla. 34 for the Old and

New shares respectively.

$584 504

Happiness

580

440

Double Korses-

138

Tin Koon

460

Pine Tree and Deer

468

Double Happiness

No. 20. Golden City

336

Globe

320

Good Harvest

324

Fui Sing

320

Double Horses

320

Ti Koon

330

Sheung Cheung

390

Ng Fook

316

Yan Chung

Tram-car

J16

Shepherd

319

Poo Yee

390

Three, Stars

318

No. 16 Globe

298

Foo Kvai

2:00

Yan Chung

296

No. 12 Golden City

286

Peacock

284.

Foo Kwai

284

Poo Yer

083

978

Pretty Damsel

276

Aeroplane...

284.

Imp. Tob. G.B. &. I....... Imp. Tob. Canada......... Imp. Chem. Industries ...

Tak Lee.

285

British Match Corpa...

No. 10 Sailing Vessel

270

Mond Nickel

Golden City

270

tional Nickels)

Peacock

970

Lotus and Bee'

23A

Double Lions

233

Anglo Persian Oil ........ British Celanese ............ Dunlop Rubber

Five Lions

256

Yaa Chung

267

Tai Fat

970

Tak Lee

288

Excellent Cropa

950

No. 6 Lick

194

Forward Settlement Days

Lion, the Second Hat Hou

184 124

20, May 29 and June 25, 1929.

CANTON BEAN MARKET.

Tramcar

MERCANTILE BANK OF

INDIA.

THIRTY SIXTH ANNUAL REPORT.

The above Bank has published the general balanco-sheet and state. ment of Profit and Loss Account for the year ending December 31,

1982

The net profits for the year, after providing for bad and doubtful debts, and including 2164,840-38. 3d. brought forward from last account,

The following quotations were re- ceived by cable from London on April 10, 1929 1

Ordinary British-American Tob. Co. £64 4

23 6 1 19 0

(Interna

ing during the past week. A lack

of trade demand brought out some selling by tired longs, and prices gradually sagged to 121d. for spot and 127d, for Aprik/June.

No selling pressure has been in evidence, but dealers have only been prepared to take lots which were "offered at alightly lower prices consequently, the amount of business done has been negli

1 100

C.848.00 £46 44gible,

1 10 0 1 2.3

on

(All Middle" Prices). Exchange. The T.T. rate London to-day is 1/11 and on Shanghai 781.

April

The general market for beans of. various kinds is moderate.. Current prices are as follows:-

$ 9.63

990

9.85

1.75

8.40

11.00

Soy Bean, Chu Wong Soy Bean, Wong Chu Wong Soy Beans Lin Wong White Benn Black Bean Green Bean, Sunsheng...... Green Bean, Common grade 10.00 Scarlet Bean

11.80

Since the week-end there has. been some Improvement due to a little enquiry from manufacturers and to a better feeling in America, and the market closed last night steady but quist at 12id. for Spot and March, 123d. for April/June, 131d. for July/Sept., 131d. for Oct./Dec., and iad. for Jan./Dec. (1930) buyers.

The American Questionnaire figures for February, which have just been published, are as fol-

lows:-

+

Consumption 41,934 tons. Stocks .......... 90,037 37 Afloat

63,825 Arrivals

64,538 Reclaimed con-

sumption

18,315 » Estimates of consumption had run as high as 42,000 toas, but the figure of 41,954 tons was larger than generally expected.

Spot rubber is becoming scarce again owing to small arrivals, and as the Continent has been enquir. hasing during the last few days, ship- mente nearing the port of destina tion have been bought. Arrivals for the next few weeks are there- fore expected to be small.

amount to 115,040 178, 88. From Sir Thomas S. Catto, Bt.,

sum bas to be deducted been appointed to a seat on the 284,000, being the interim dividend Board.

this

tons:

98,020 Stock: London Liverpool 4,136 tone-increase of 479 tons and decrease of 119. tons respectively,

of 8 per cent, less income-tax, on An agency of the Bank has been the "A" "B" and "C" shares opened at Ipoh, Perak. paid in September last

A department of the Bank has The Directors have added £30,000 | been opened for the transaction of to the reserve fund (raising it to trustee and executorship business £1,480,000), £15,000 to the officers' and, for the purpose of doing such pension fund, and written £40,000 business in the East, The Mercan- We feel that with the reset off freehold banking premises. te Bank of India (Agency), Ltd., arge consumption America

in They not recommend a final divi has been registered in India, dend on the "A," "B" and "C" The following Directors retire by March consumption is expected to reach 48,000 tons) and with the shares of 8 per cent., less income- rotation, but, being eligible, offer tax (making 16 per cent. for the themselves for re-election: dr. J. improvement in the Continental demand, prices will eventually go year), leaving a balance of £162,046 M. Ryrie and Sir Thomas S. Catto,

higher. TT 8d to be carried forward

The American Automobine, esti It is with very great regret the It will be necessary to appoint Directors have to record the death auditora. Mesars. Cooper Brothers mates there were 31,920,952-motor- of their esteemed colleague, Sir & Co. and Mears. WA. Browne cars on the rond in the world on David Yule, Bt.

& Co.. the retiring auditors, offer the 1st January compared with themselves for re-election.

28,838,338 the previous year.

(Continued on next Column).

CHURCH NOTICES.

ST. JOHN'S CATHEDRAL, Trong Fodo.

APRIL 14, 1929, Shepherd Sunday

Holy Communiem až 8. a.mn. Children's Service at 10am. Best Sunday School at 10 a.

•Matins at 11 Butto

Frecher-The Dean. Evensong at 6 r.

Preacher

Rev. E. V. Koop

[97

FIRST CHURCH OF CHRIST, SOIENTIST. (Branch of The Mother Church, The First Church of Christ, Scientist, in Boston, Mais U.S.A.)

MACDONNELL ROAD, BELOW Bower ROAD TRAM STATION,

SUNDAY SERVICE, April 14; 1929, at

11.15.

Subject-A

SIN, DISBAIK,

AND DIATU HAL?

The Sunday School is held on Sunday Morning'at e o'clock.

Wednesday Evening Meeting s

p.In.

3.30

Reading Room at above address, bpen:→→→ Tuesday and Friday, 10 am to 13 Noen.

Monday and Thursday, 5 to 7 p.m.

The Publicis cordially invited to attend the services and visit the Reading Boom.

(87

WESLEYAN METHODIST

CHURCH,

„QUEEN'S BOLD. EAST.

SUNDAY SERVICE, April 14, 1999.

Marning at 10.15 am

Preacher-Bev.J.C. Knight Anstey,

Evening at 600 p.m. -

Preacher Mr. A. H. Gardner. Sunday School at:500 răm,

SAILORS AND SOLDIRES' HOME

PRAYA EAST.

SUNDAY, April 14, 1929-

3.00 p.m.-Men's Bible Claas, 6.15 p.m.-Service Men's Bocial Hour: WEDNESDAY, April 17, 1929:-

8:15 pm-Gospel Meeting for Service

Men,

[4470

FANLING HUNT

STEEPLECHASES SUNDAY 21st APRIL.

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