1
THE FOUR LEADING BEERS ON THE
MARKET
SUIT ALL PALATES.
MUNCHENER BURGER-BRAU.
DÁRK
PILSENER SUPERIOR QUALITY. LIGHT, TUBORG FABRIKKER. DINNER BEER, LOWENBRAU *LION BRAND."
DARK.
We guarantee these brands to be of first class quality and prices compare favourably with inferior brands.
A tria is solicited.
SOLE AGENTS ----
14
·THE HONG KONG DAILY PRESS, WEDNESDAY, MAY 15, 1929.
1;
Money and Markets
HONG KONG MARKET REPORTS.
QUOTATIONS.
Quotations at yesterday's local market for rice, and other foodstuf were as follows:-
CANTON TRADE NOTES.
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS,
MAY 14, 1949.
H.K. Banks..
... 1,821 buy.
Do Londan.....2:91 uom Chartered Banks els bay Mercantile Banks, A. &...233 nom. 0...216 nom.
On account of military activities. arrivals of oxen have been short.
DC Stocks have also become scarce and
R&0.
Banka consequently an exceptionally high Canton Lararance.....37 non.
Bast Asia BackE# price has resulted.
Union Insüre k' ... North China Inc.
The price of rice has risen owing to brisk demand by country dis- Per triet merchants. Rice from Siam ia fifty cents higher per picul while Aunamese.rice has also advanced by forty cents.
Rice,
Ching Cheung
817
picul
Ching Kum On, Unglutinaus
`8,01
Red Seal, Fa Pok
5.56
No. 3. Granulated
3.39
Luk Kia Yue.................................
7.38
Luk Sheung Hay
Luk Sheung Lam, Unglutin.
Oug ....
6.96.
Ching Sheung 'Chin
Pok Mei, granulated
2.07 4.97
White Broken... 543 No. 1 Pokmei granulated..
4.10
Miscellaneous.
No. 19 Coarse granulated
sugar
Hong Kong.
No. 24 Coarse granulated
sugar
8 €.13
7.43
No. Bird's white edible
rest
Camellia-nut oil
Dried Feeled chestnut
Greea Flax.....
Dried Persimmon
3,650.00 90.00 1100 27.00 14.00
18.00
4.10
8.00
7.00
GANDE, PRICE & CO., LTD.
TEL. C. 135,
WITHOUT
TRA SPEC
HLAND
Rotted Kama fably ovatist
LES MARC FLASGOW
MARCHANT'S
GOLD LABEL
EXTRA SPECIAL
Old Highland Whisky.
Distilled and bottled in Scotland and guaranteed fully matured in wood.
A Whisky of quality at a moderate price.
Obtainable at all leading Clabs, Hotels and Stores
and from the
Sole Agents :-
T. E. GRIFFITH, LTD.
TEL. 3517.
Parfümerie Rigaud
ETABLISSEMENTS RIGAUD, PARIS.
"UN AIR EMBAUME"
Flacon de Luxe Grand Modele.
A Hygienic and Refreshing Perfume in great favour on all Oversen Marketa. OBTAINABLE FROM-
A. S. WATSON & CO., LTD.'
THE PHARMACY,
THE COLONIAL DISPENSARY
WING ON & CO.
THE SUN CO. SINCERE CO.
AGENTS:
All Classes of
Perfomes for
All Markets of
the World.
VICENTE ATIENZA & CO.,
No. 54. NATHAN BOAD, KOWLOON: TEL. K. 155.
Stilco
GENUINE MILK
STOUT.
DOUBT,
THE BEST THE BREWERS BREW
THE BEST
BOLE DISTRIBUTORS:
MILK STOUT.
HL RUTTONJEE & SON. 15, QUERN'S ROAD CAST. HONG KONG, SHANGHAI, SINGAPORE, WEI HAI WEL
White Sesame
Black Bean
Scarlet Bean
Soy Bean Queen Bean
8.40
CANTON COTTON YARN MARKET.
Fans made of goose feathere form. one of the minor industries of Kwangtung, and are exported to other provinces in fairly large quantities. Recently, over 1,000 fans were exported to 'Amoy.
*
#
Large quantities of Srewood cattle and poultry are imported into Hong Kong from the West River country district. Recently, how- ever, shipments have greatly de. creased. Prices have advanced.
*
During the last few days, the money market has greatly improved. On the 12th inst. the value of the Central Bank of Chips 1 notes rose to 80.81 of nominal value, while the exchange rate for Hong Kong money is $1.30.
Prices of cocoons in Namhoi, Shuntak and other silk-producing districts have dropped although there has been less demand, due to the fact that silk filatures have been disheartened on account of the high price of mulberry leaves and the financial crisis... Current quotations The market has been very quiet of cocoons are ten to twelve dollars as both wholesale and retail sales for a hundred thousand, being about are limited and prices have remain-five dollars lower than that of the
ed low. Latest quotations are as previous crop. follows:-
No. 42 Yang Hok
No. 3 Choy Kou
No. 20 Golden City
Blue Phenix
GIE
Japanese cement imported into Hong Kong has greatly decreased recently, on account of the output of works in Shanghai, Canton and other places. The importation has been also affected by the new tariff imposed by the Chinese Govern-. ment. At present, the amount of cement imported into Hong Kong from Japan is about two thousand kegs monthly as compared with ten thousand kegs formerly. The eur rent price is about 83.40 a bag. The market is moderate.
•
it
Unusually high prices for mangos 290 Prevailed in the fruit market due to short arrivals from the Philip pines where the production of this fruit is not satisfactory this year. Medium-sized mangos were sold at twenty to thirty cents each and a barrel cost $26. During the last few days, however, prices have dropped to 820 a barrel owing to large ar rivals of Annamese mangos which
પત્ર
Five Sons
411
Flower and Butterfly... Foon Hay
460
458
38-4
Blue Phenix
378
Tin Koon........
380
Pine and Deer
290
Sheung Hay
ате
300
Sin To"..
285
Hung Hay
976
Wan Pang
STE
Larp Ma
202
Sheung Cheung
219
Ag Fook
270.
Yan Chung
Tramear
Muk Yang 'Foo Yee
278 280 280
Three Stars
280
No. 16 Globe
278
Foo Kwai
974
Yan Chung
274
No. 19 Golden City
270
Peacock
276
Foo Kwai
980
Poo- Ice
920
Tramcar.
280
Pretty Damsel
934
Aeroplane
275
Tak Lec
275
No. 10 Sailing Vessel
956
Golden City
256
Peacock
24
Lotus and Bee
938
Double Lions
$12
Five Lions
242
Yas Chung
250
Tai Fat
955
Tak Lee.....
$55
Excellent Cropa
238
No. 9 Lion
180
Lion No. 2
175
175
Hut Hou
CLOSING QUOTATIONS.
4.50
.50
98.00.
CANTON, May 13 Water Works
84.70 Electric Light & Power Canton-Hankow Railway The Sun Company Sincere Company... ..118.00 4.70 Nanyang Bros. Tob. Co. Canton Tramways.
9.70 China Merchants' Steam
Navigation Co. 59.00 Central Bank of China 48.00
..$00) nom..
1696
bay. Tia 160 buy.
Yangtze Insurances... 150 rom. Okina Firs Insuranoza....$300 bay. China Un
Underwriters... $2.2 buy., 23dsel,
HK. Fire Ins...
$775 nom, Douglase
Indo-China (Prof.)
193 mal.
...$0) buy. 2.6 › sal. ..........idö bay. .....$70 nom.
8. ROM.
nom
21 ber.
Day.
Do (Def.) Shell Trasports Dalon Waterboste.. Benguets Kallan Mining Amin....66/3 bay. Langkats(combined).. T. 14 hom
Do. (single)
Ti 71 8 bal. Explorations ......Tis 23 sol Shanghs, Lois
K & K Whats Tronok Kines
K. & W. Docks Providents
Boi
*140K
Me by mal
...jot nom
17/6 note şişi num."
188 sel.
$ii buy. 4.40 sél
Now Engineerings ......Ts, 5.65 bay. Shanghai Lacks...
... 18 bay.
12.55 Oriental Cotions... Tia bay, 210 sal Ewo Cotion... ...TIE.
DLY.
S'hai. Cotton. fold).................Tia.. 79 nom.
Do. a... Hotal...buy, sel. es.
(...Tls. 33 now.
HR and
buy. Shanghai Laodels. 143 nom. Humphreys Retates......$16.85 nom.. HK. Tramways B.K. Realties
$8.95 nom Peak Trams (old)...
$19.80 sel. $13 buy Star Furries
(now).55 nom.
Het bay. Chi Lights, Cam. ($12.70 buy Bights.13.85 8. Do, Ex sigh: $13 nord. Do. Righ's 3 bay. H.K. Electric4571 buy, a ss., 58 sel. Macao Electrics $16) nem. Bandakan Lights (32) sel. Telephone...Jovan pat say
7 bay. Chins Bases io.---- Tls. 14į buy. Bingapore Tractiona. 11/6 nom. "Da. "(Pief)..............16/3 buy. China Bugars
80 cta. nom. Malabon Bugars ...$27. bay. Canton Icas
Cements (combined)
Do (old) btai (24%) HK. Bope......... United Asbestos Dairy Farms....... W&5
$1.80 bay. $8.10 buy, 8:30
ret., 8.15 m
sci. ...$1.40 Lom
$7.10 LEY. $5
buy ...19.10 buy. ..$18.0
80 cta, buy,
sel.
18 bug.
1.80 bay. 13.65 nom.
Des & Wings .....
Crawforda........ Lane Mackintosh Sinceres Wm. Parella HL.B. Amusements B'qus. Indas, G., Bond.67% buy. ELK. Constructions
Gort. Loans prem, buy.
sel.
buy,buyers; sol-zalları; K = MELİH
10.nominal.
We continue to think that pur chase in weak markets should even-.
profit, although at
are normally sold at only ten dollars | tually show
barrel. Margo's from Annam present we cannot se-eny sustain- are much inferior to those from the fèd'advance.. Philippines.
GRAIN REPORTS.
Messrs. Pentreath & Co. have kindly supplied us with the follow- ing report, dated April 17, from Messrs. Hornby, Hemelryk & Co.,
of Liverpool:-
The grain market has been steady since our last report, and fluctua tions have been comparatively nar- row. The unsettling factor has been the action which the President of the United States may take in
The visible supply in the United States of: Wheat is 140,840,000 bushels, 144,021,000 Last week, 73,776,000 last year; Corn, 33,470,000 bushels," 23,383,000 last week, 40,059,000 last year: Oats, 11,718,000 bushels, 11,500,000 last week, 18,639,000 last year.
The visible supply in Canada of:-Wheat is 91,380,000 bushels, 90,610,000 last week, 77,197,000 last yerir; Oath, 9,339,000 bushela, 2.109,000 last week, 2,350,000 last year.
Argentine Stock:-Wheat 255,000 tema, Corn 130,000 tons, Oats 50,000 tona, Linseed 170,000 tons.
The Canadian Government"issued
CANTON STOCK EXCHANGE. order to give farm relief. Congress yesterday its report on stocks of has now been called, and a bill is grain remaining in elevators, mills, being discussed.
We understand on farms, and in transit on the that the proposed relief measures 1st March, viz-Wheat, 244,420,000 call for the Govrnment to provide bushele, against 218,350,000 Inst revolving fund of 500 million year; Oats, 188,070,000 bushels, dollars for accumulating surplus against 179,260,000 last year; Bar- farm products and holding untilley, 49,460,000 bushela, against. prices are deemed satisfactory, and 22,190,000 last year; Linseed, probably taking some losses on 1,719,000, bushela, against 3,834,000 portion of the exportable surplus last year. and maintaining domestic prices at approximately the world level plus import duty..
Very little first-hand business has been done in Canadian wheat, offers are above our parity. The Canadian North-West has bad lur ther rains, and although little seed ing has been done yet, operations are expected to begin over an ex- tensive area this week. Talk is now
EXCHANGE RATES.
[BRITISH WIRELESS SERVICE]
.Paris
New York
Brussels
Genera
Milan
Berlin Stockholm
Copenhagen
Oslo
י. " י
•
grain of the total Canadian 1925 The amount of merchantable
crop is estimated as follows:- Wheat, 505,720,000 bushels, against 412,430,000 last year; Oats, 407,040,000 bushels, against 381,350 000 last year; Barley, 129,080,000 bushels, ne comparison); Linseed. 3,349,000 bushels, against 4,023,000 Last year.
We have received the following rife of an increase in acreage Win- RUGBY, May 14.
ter Wheat crop reports from theebles from Chicago:- United States are much better, the Wheat: Prices declined sharply crop making good progress. Mole under cumulative liquidation and a tore is abundant except in parts of quiet demand, together with gen- Kanges and Nebraska. Offers from erally favourable crop news and the the other side are still much above fact that nothing of a startling mature appeared in President our parity.
Hoover's speech. The trade con- strues his mesenge less bullish than expected, although an analysis of his speech clearly indicates that his programme provides for the Govern ment to finance surplus crops. We feel that the passage of the Farm Relief Bill now pending, will be a bullish factor, and we do not look for any material decline.
124.20 4.85 5/32
34.94
25.10
Amsterdam
12.00 92.65 - 20.46)
· 18.16
18,20
Vienna.
18.10 34.54
164
Helsingfors
193
Madrid
34.05) 1087 375
118
5 57/6
Prague
Lisbon Athens
Bucharest
-Buenos Airer
Rio
Bombay
Shanghai
Yokohama
47 11/32 1/5 2/32 (2/5). 1/11 1/10 6/32 Silver, spot & forward 25 3/16
Hong Kong
We look for unsettled markets until some definite decision is come to with regard to Farm Belief in the United States, and it is very hard to say what will eventually happen if the President attempts to fix values on a basis which is not in accordance with world's pricés. If the present ideas of the Bill are made effective, it might easily be a bearish factor for this side, but a bullish one for the United States, and we understand that Farm Re liaf prospects are already inducing short covering of both Wheat and Corn in the Chicago market.
(Continued on next Oolumn),"
Corn tends to follow Wheat, The basic position of Corn is unchanged and sound."
May Oats are in a strong posi tion, and the premium over the dis- tant month, should increase..
There are no important develop wants in Rye...
WILLIAM FOX. Presents
NO OTHER WOMAN
AN enthralling drama of
love and jealonsy !
with
DOLORES DEL RIO
DON ALVARADO BEN BARD, PAULETTE DUVAL
The famous star of "What Price Glory" in her first ultra-modern role!. AT THE
QUEEN'S FINAL SHOWINGS TO-DAY
At 2.30, 5.10, 7.15 & 9.20.
UNUSUAL twists, laughs and thrills in a delightful screen version of the "Saturday Evening Post" story-OF THE SHELF!" "
PAT O'MALLEY, WALLACE BEERY
IN
LET WOMEN ALONE
With
ETHEL WALES and WANDA HAWLEY
AT THE
WORLD
TO-DAY & TO-MORROW
At 5.15 & 9.20 Only.
280 & 7.15-Chinese Picture, "Yeng Kwal Fee," Pt. 1.
A splendid comedy full of love, länglis and surprises!
SALLY O'NEIL
IN
BECKY
AT THE
with
OWEN MOORE
STAR
-TO-DAY & TO-MORROW
At 5.30 & 9.20.
DIRECTORY
OF
THE FAR EAST
1929
Classified List of Manufacturers and Merchants in Japan,
China, Straits, Etc.
Hong Kong Daily Press Office.