WILLIAM FOX presents
Fleetwing
COMING TO THE
QUEEN'S
· The romance” of a beautiful slave girl and a young sheik of the desert!
Loves Adventure on the Sands of Araby BARRY NORTON-DOROTHY JANIS-BEN BARD Štary by LAKKEET MILISTA, AMË ELIZABETH PUNIST
SUNDAY and MONDAY At 280, 5.10, 7.15 & 9.20.
"All Beer is good Beer
/
THE HONG KONG DAILY PRESS. FRIDAY, JUNE 28, 1929.
Money and Markets
HONG KONG MARKET
REPORTS.
Yesterday's quotations for rice and other foodstuffs were as follow: ice.
Per picul
Common White, Broken, Black Seal
87.14-11.49
Granulated....
8.17 3.74-8.03
Peddish Cargo Rice,
Greem Seal****** Lung Unglutinous, Ching
Chert Kou
7.12
Miscellaneous,
6.08
Coarse granulated sugar 80.23-7.00. Bird white edible meat,
2,140,00
No. 1
Salt fish, Sia
8.90
Dried Mushroom, Heung
Shud
Dried Mushrooms, Tung
"Koo
Waa, Yunnan
160.00
$20.00 82.00
CANTON TRADE NOTES.
Since the anti-Japanese Boycott was lifted, considerable quantities of cotton yarp have been sent to Fatshan which is the distributing centre of the West River. Prices however are low.
7
RAW SILK.
WEAKNESS OF US. MÄRKET.
Messrs. Pentreath & Co. have kindly forwarded us the following letter, dated June 3, from Messrs. Hornby, Hewelryk & Co., Live:: pool:
1
Compared with prices ruling a week ago, values are Sel to Sc. lower for nears and 12 to 18c. lower fer distants.
The New York certificated stock on the 24th ulc was 35 bales, made up as follow:-
Z 13.
BILLION DOLLAR
CORPORATION,
EXTENDING CHAIN OF STORES.
["D.F." Special Servics.)]
CANADIAN BREWERIES.
TO EXPEND $1,500,000,
· ["D.P.?? Special .Barvice.)
Montreal, Que-An expansion programme involving an expendi ture of approximately $1,500,000 Toronto, Ont.-The S.S. Ernage was outlined by N. J. Dawes, pre- chain stores corporation, with in-sident of the National Breweries, vestments in the United States Ltd., at the annual meeting which totalling over a billion dollars in to took place here recently. have a chain of 21 stores in actual operation in Canada before the end of the present year,
TROTSKY WOULD BE
MEDIATOR.
BETWEEN BRITAIN AND SOVIET RUSSIA
London-In spite of official de: pials, the rumours persist here to the effect that Leon Trotsky is as seming the role of mediator for the resumption of relations between Great Britain and Soviet Russia. The plans of the company, Ac It is said that Trotsky's private cording to Mr. Dawes included the secretary, who just laft Engiand purchase of land adjacent to the for Constantinople after a few company's property. This land days stay here, explored the por purchase together with buildings | sibilities of the MacDonald Cabinet and equipment would cost appro- accepting Trotsky as a semi-official ximately $900,000. This year, the negotiator. president pointed out, it would be necessary to make extensions to the buildings and equipment of the Dow and Dawes plants, at a cost estimated to be approximately During the last four months of 8750,000. These extensions, be the year, still further unita will be stated, would provide sufficient Quebeu (3), Sault Ste. Marie, Fortable increase in output of these established in Winnipeg, Brantford, capacity for handling a consider- William, Port Arthur, Kingston, plants, an increased demand for Montren) (3 additional), and Toron Canadian beer being evidenced in to (3 additional). During 1930 and the Far East generally. subsequent years many other cities will be included.
The Erst unit in this projected chain is to be opened in Kitchener, Ontario, on Thursday, May 2. Early in June two stores will be opened in Toronto and one in Windsor. The first of several Montreal unita will be established hats in July. Ottawa and Peterborough stores wil follow late in August.
PEARL FOR THE POPE
Grade A 1,610 bales, B 1,010, 213, D 100, E 308, F 60, W 5, X 13, Our mail advice from New York state that a month ago there was considerable evidence of a large demand for raw silk, particularly in the spot market, and a large
The Kresge investment in Canada, movement of silk pizce goods was anticipated. The recent unseaon-will, it is reported, he even more able weather in the United States substantial than is indicated by the has, however, caused a considerable number of retail units. In practic BRITISH ROMAN CATHOLICS' falling off in milk sales which is ally every case the store property partly responsible for the lower will be owned outright by the com... prices ruling. Moreover, the unexpany, and in a large number of pected continued large arrivals cases new buildings will be erected from the filatures into the ports of to house these stores, Yokohama and Kobe bave contribut ed to the continued weakness of the supply situation.
The estimated consumption for May is 49,000 to 30,000 bales, which
more than May 1928, but 4,000 bales less than last month.
But some Brands are better than others."|| Although the sugar market is would be approximately 4,000 bales
So BUY
E
ENGELHA
BEER
and be sure that you GET BETTER BEER
Sole Agents:-
T. E. GRIFFITH, LTD.
6. Queen's Road Central
Tel. C. 1857.
Canton's Finances.
Mr. T. V. Soong's
Successful Trip to the
South;
The Inter-
Kwang Civil War; are
topics discussed
the current issue
##
in
of
the Weekly Press."
Fighting The Water Shortage; Hong Kong Rateable Value; The Share Crash of 1925, are other interesting features.
POLITICS, COMMERCE, AND SPORT.
Price: 30 Cents.
#
dult, large quantities have been imported into Hong Kong from Jaya. The Canton foreign sugar market has been overstocked, how ever, and prices have fallen.
+
Large numbers of counterfeit Kwangtung coppers have been
smuggled into Canton recently and
with
a consequent drop in the value of copper coins, the exchange rute is about 180
to the silver dollar.
$
The rice market has somewhat im- proved and fairly large orders have been placed with Hong Kong. Stam rice is still being largely imported by Hong Kong and prices have risen to about two dollars above normal
+
There was some activity in the raw silk market on Wednesday over four hundred and fifty bales being sold. Prices were still low. Wednesday's quotations were:-- 14/15 at H.K.6945; 90/22 at 8860; 13/15 Best I at $910 and 22/20 at 8840.
+
The river trafic above Sunchow is still interrupted, and vessels have often to suspend sailing to avoid being commandeored by the troops. Poultry and cattle are scarce in Wuchow on account of the shortage of arrivals from the country dia- tricts.
•
Over 18,900 bales of Chinese cotton yarn were imported from Shanghai between the 12th and 20th instant On Wednesday, the market was fairly active and prices of No. 90 ndvmired by about two dollars. Prices of other varieties have also become firm. According to a telegram from Shanghai, quota- tions there have also improved by about half a tae).
Our New York correspondents cable that the demand for raw and finished silk is quiet. Interest in near deliveries is quiet, distants are atendier on an increasing demand.
Another cable to hand says that the market is spasmodic owing to uncertainty regarding new crop possibilities, but close observers
favour purchases.
Close New York Saturday: June 86.62, July 24.820., September $4.745, October 84.73C.
"
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
JUNE 27, 1929. H.K. Banka app. $1,240 nom. 1
Do
London £1321 nom. Chartered Banks.......$191 buy. Marcantile Banis, A. £B...£33 nom,
Do.,
0...1b nom
P. & D. Banks O now, Emt Axis Banks ........390 nom..
Uanton Insurance... $630 sel.
Union Insurances
*$394 sel,
дом..
North China Ins..........Tia. 180 bay! Yangtze Insurances....M. $50 non, Chins Underwriters 33.10 kel China Fire Insurances... 3400 bay. ELK. Fire Las..1770 bag.
Steamboats.....$254 sel.. Homo. 279 nam. HK. Tags
$2.60 sal Indo-Chinna (Pref.) ..............445 buy.
Do.
..370 Boz. (Del.) Skali Transporta ******* 98- Union Waterboats.......$22 pom Bingha Failon Mining Admin ...69 nom.
angkara (combined)......
Tel Do. (single) 2
Tin. 7 ach Bhat Explorations
Tia.sel. Shanghai Loans Baube .................381 bay. Tronoh Mines at bay. B.K. & R. Wharfi ......3194 buy. ELK, & W. Docks.........$35 nom. China Providents... $3.90 bay,,14 s. Hongkow
.. Th, 166 nom. New Engineering..." Tha. 6i bay. Shanghai Dooks ...... Tis. 187 buy.
Ts. 13,35 hay, Oriental Cottons ...Ts. 24 buy.. 2,30 11.
Cottag (old) Tls. 78 buy. Do Hotels
(now) Tia. 84 bay. E.K.
$8.45
bay K. Lands. 147 buy.
162 sel Shanghai Lands ... ...
CANTON STOCK EXCHANGE. Lotions
CLOSING QUOTATIONS.
Water Works.
.50 94.00 ..118.00
CANTON, June 26.
83.80 Electric Light & Fower. Co, 4.30 Canton-Hankow Railway Co. The Sun Company Sincers Company Nanyang Bros Tob. Co...... "3.90 Kwangting Tramways Co... 2.20 China Merchants' S.N, Co.... 40.00 Central Bank of China
EXCHANGE RATES.
40.00
(BRITISH WIRELESS SERVICE]
Paris New York Brussels
Geneva
Amsterdam
Milan
Berlin
RUGBY, June 28.
123,925
4.84 13/18 34.01
Humphreys Katates...............313) buy, ELK.Beaties $7) buy, & a. B.K. Tramways $18.90 buy, & xa, Peak Trams (old)
$11.50 nom. Do. (new)..... .....$5,05 nom. Star Ferries
$66 sel Obins Lights, Cam,
$13 80 buy. 4113.855. Rights Do. Ex Hight 12.90 pom, Do Hights ... $7.90 nom. H.K. Eleobis. 1551 bay. Macao Electrics..........$264
nom. Sandakan Lights
Telephons
bol.
bay.
Chine Bases Tia 144 bay. Singapors Tractions....13/-.
Do (Piel)....19 no
nom, 80 eta. buy.
China SngsTE BOT
Malabon Bugar
Canton Ices ..............32 boy. Cements (combined): 38.10 buy,
Do. (old)....$7) sel.
Da
(Dew) $1.40 nom.
HK. Rope $7. United Asbestos buy.
Wstions
319 nom.
$17kom.
Der & Wings..........80 eta, bay.
25.195
-12.071
92.675
20.343
Dairy Farme
Stockholm
18.085
Copenhagen
18,2015
Lass Crawforda..
Oelo
16.103
Vienna
34.495
Mackintosh.......
Prague
1834
Wm. Powells
Helsingfors
1924
Madrid
34.25
- Lisbon
108
Bucharest
817
Rio
Buenos Aires
HONG KONG DAILY PRESS, LTD.,
TTLEFRONE: 0.12
11. IGE HOUER STREET.
Bombay
17'0/22 1/07
Shanghai
2/43
LARAK VAULIK
Yokohama
Silver (spot)
Silver (forward)
Annual Bubscription: Hong Kong, 813; Post Free to any address, $15; Quarterly Subscription, $3.75.
Orders should be sent to the
Athens....
$12 bay... ..$3 val.
H.K. Amusements: $594 nom.. B.K. Coartructions.....$1 nom. B'que. Indus, G. Bonds...67% 10%. H.K. Gort Loans......7% prem, bay, buy-buyers; pelemanlleza i po
CHILE-ARGENTINA COMMUNICATIONS.
RECENT IMPROVEMENT.
Chile and Argentina bave brought The improved highways between about greatly increased motor traf- frontier this summer. So, nad 238 cars have passed the
PLAN.
The Daily Mail learns that a prominent Roman Catholic peer is taking a leading part in a pro- posal to raise a fund to purchase the famqua "Southern Cross" pearl as gift from English Roman Catholic to the Pope.
This pearl, valued at £10,000, is one of the most attractive exhibits in the Evening World pavilion at the North-East Coast Exhibition at tinet. pearls joined together in the Newcastle. It consists of nine dis form of a natural cross.
Roman Catholics who support the In view of idea suggest that it would be a the fact that the Andes offer great! ntting tribute to mark the center obstacles to road construction, this ary of Catholic emancipation and pronounced increase is very satis the jubilee of the Pepe's ordination ago the crossing, if not done by fying, especially as only a few years as a priest. train, could be effected only on mule back.
The Chilean Press has also been calling attention once more to the obstacle offered, to international trade by the high freightage rates on the Argentine side of the Trans andine railroad, painting out the advantages to Argentina that a reduction to Chilean levels would bring about. '
BALLANTINE
in use for almost 100 years.
Establisund 1827.
By Appointment lo
HH The Late en Victoria
H.M. The Late
King Edward VII.
and
His Majesty King George V.
་
PURE SCOTCH LIQUBUR WHISKY
10 years old.
GEORGE BALLANTINE
& SON, LTD.
GLASGOW AND LONDON. DISTILLED IN SCOTLAND
If you want a really first class The pearl, one of the most re markable of its kind, was found Scotch Whisky at a reasonable price, 53 years ago by a pearl fisher at you can here no better than Rooburn, Western Australia. The Ballantine's Liqueur Whisky. It is owner of the schooner, & Roman Catholic named Shiner Kelly, was excellent, so overcome with superstition that he buried the pearl.' It was found five years later by Ale For rest, the Australian, explorer, who bought it for a few pounds and brought it to England.
The French Store Beaconsfield Arcade,
Now-Faster Time
Across America
The New Olympian with its 656 miles of electrical operation, its roller bearings and friction buffers, its standard sleep- ing cars with coil spring mattresses and other modern features, its observation car with every comfort for your waking hours, including radio, maid and alet, is now crossing America in much less time than beretofore.
CHICAGO MILWAUKEE
ST. PAUL
AUD
PACIFIC
61 Hours 15 Minutes
Seattle to Chicago
is the new running time of the New Olympian almost seven hours shorter time than previ ously.
Daily this train leaves Seattle over The Mil- waukee Road, the friendly line, the line that, operates 41% of all the electrical main line mileage in the United States.
For complete information call on or write. to American Express Travel Bureau,
·Thon Cook & Son, your mearrit·slaat
· ship office, or
R. E. CARSON Ceet Agent Pain Dept.. bestil
13. FUDAHETËS Ant, Gen. Pau Agent. Seattle
R.. F. RANDALL Dist. Favn: Agost, San Fredits
W. B. DIXON-
Gez' Past, Agro, Chicago
1/9 3/32
24 3/16
242
women pecused of drunkennesi z She was fighting with another, gentleman.
The New
OLYMPIAN
LONGEST ELECTRIFIED RAILROAD IN AMERICA'