MARTELL'S BRANDIES
V. S. O. P.
THREE STAR
V. V. E. S. O. P.
BOTTLED IN
COGNAC AND
GUARANTEED
THE HONG KONG DAILY PRESS, FRIDAY, AUGUST 16, 1929.
Money and Markets
HONG KONG MARKET
REPORTS.
Yesterday's quotations for rice and other food-stuks follow :-
were
11
Per Picul.
CHINA FIRMS COMBINE. BIG NEW SUPER FACTORY CONTEMPLATED.
!!
· NEWSPRINT- PLANT - DOUBLED.
["D.P." Special Service:]
· Montreal, Que.-It...is reported that the two machines which were recently installed in the Price bec, are now in operation. Produc Brothers' mill at Riverbend, Que-
tion from these new machines will tring the Riverbond mill's capa It is officially announced that the city up to 100 tons of newsprint u £1,000,000 china merga; at Longton, day and the total of Price Bro- Staffordshire, is now an accomplish- thera' planis up to approximately ed fact. Twenty firms will be in 923 tons daily. The company is one cluded in the new company, which of the largest newsprint manufac. will be known as the English China | turers in Canada, operating mills Corporation, Ltd.
in the Saguenay district.
Rico.
PORE GRAPE
White, Red Seal
87.72
White, Blue Seal
6.51
White, Green Seal
6.60
BRANDY
White, Wu Muk Keng
9.12
White Broken, Green Scal... White Broken, Blue Seal... White Granulated, No. 1
6.40
6,93
++
5.04
Long Unglutinous, Hung
Kum Ou
7.30
is already in view.
7.31
MARTELL & CO.
Lang Unglutinous, Ching Ao
Too ........... Glutinous Granulated, No. 1 Reddish Cargo Rice. Granulated cargo Rice..... White Bran, Red Seal
Miscellaneous,
The building of a "super fac "is contemplated, and many tory of the existing works will then bel closed. A site for the new works
Great savings will be affected in overhead charges and in manufac- turing and selling costs. Skilled 6.17
8.09 4.09. 3.80
No. 18 course granulated
sugar
$8.43
No. 24 coarse granulated
7.03
Bugar
Heney
Wood-tar oil
White-nut
17.00 33.50 18.50
Hose KONG.
Dried Cuttle Fish, Shantung 50.00 Dried Mushroom, Heung
Shen
.150.00
SOLE AGENTS —— '
GANDE, PRICE & CO., LTD.
WINE & SPIRIT MERCHANTS. Br. GEORGE' BUILDING, ICH HOUSE STREET,
TEL. 0.135.
Parfumerie Roigaud
ETABLISSEMENTS RIGAUD, PARIS.
"UN AIR EMBAUME"
2
Flacon de Luxe Grand Modele.
A Hygienic and Refreshing Perfume in great favour on all Ofernen. Márketa.
OBTAINABLE FROM-
A. S. WATSON & CO., LTD.
THE PHARMACY.
THE COLONIAL DISPENSABY
WING ON & CO.
THE SUN CO. SINCERE CO.
"I
AGENTS:
All Clearer of Perfumes for All Markets of the World.
VICENTE ATIENZA & CO.,
No. 54, NATHANROAD, KOWLOON: TEL. K. 155.
More Trouble In The
Tank
and
North.
Machine
Guns In Action; Local Trade In Children; are topics discussed In the Current issue of the Weekly Press."
Foreign Guests
in
China; Censure on “Lok Sun's" Captain; American Journalist's Debts;
other features.
12
are
POLITICS, COMMERCE, AND SPORT.
Price: 30 Cents.
...Annual Subscription: Hong Kong, $13; Post Free to
any address, 815; Quarterly Subscription, $3.76. Orders should be sent to the
HONG KONG DAILY PRESS, LTD., TELEPHONE: C. 12
11, Ios HOUSE STREET.
KOWLOON CRICKET
CLUB. CONCERT
BY
THE FULL BAND. SOMERSET LIGHT INFANTRY
(By kind permission of Lieut-Col.” .G. H. Litlə, D.S.0., & Officers).",
SATURDAY, Aug. · 17th. AT 9.15 P.M.
Danke oct Ambere
household.
A Welcome Visitor
at kny tane in
every Every
Bug. Fick, Eeetle;
Moth, Fly, etc., dies once it has come into proper contact with
Admission: One Dollar KEATING'S
Service Men in Uniform: 50 ets.
PLANS FOR MANITOBA,
HUDSON BAY OUTLET.
?i
the
Winnipeg, Man.-The bill to in- chemists, technical potters and de-corporate the Emerson Churchill signers will be employed, and pro-Colonization Railway Company has duction will cover all classes of been given third reading in ware, from highest grade to mass Manitoba Legislature. This is the produced china. It is believed that company which proposes to build the new company will employ more 700 miles of railway from Emer operatives, than the present firms, son, Manitoba, to Churchill on and complete reassurance is given Hudson bay at an approximate to employees.
cost of $40,000,000. Under the men-
The vendors have the option of sure construction must start within taking cash or part cash and part three years and be completed in shares in consideration of the pur-seven. Mileage from Winnipeg to chase. Other Arms are expected to Churchill would be reduced 265 join the combine.
miles.
Red Melon Seeds 29.00 DAILY SHARE QUOTATIONS.
CANTON TRADE NOTES.
On Tuesday and Wednesday, over 320 chests of wolfram ores were ex- ported to Hong Kong
Sume 2100 packages of nanken cloth were exported during July showing a decrease of 230 packages on the previous month.
*
11
HONG KONG STOCK EXCHANGE.
.: SHAREBROKERS'
ASSOCIATION,“
Bayara
Bellero
Sales Nomi THURSDAY,
AUGUST 15.
Buy Bella Beles Namital
Banks
The rice market in Hong Kong has improved and demand" in £199 cleased. The market in Canton is
also better and prices are steady.
+
*
**
Only fifty bales of raw silk of No. 14/13 were sold on Wednesday the orice being H.K.3040 per picul. Demand from abroad is still dis appointing
T160
ULU
$1,936 H.K. Banks
#
$1,238
Do. (London)--
Chartered Banks
Mercantile Bks. “A”
Do.
218
[890
Bank of East Asia..
*:0
Insurances
58:30
Canton Isi
$630
$2
Underwriters
$1.90
ક
North China
T160
$126
Union Ins - 8324
$326
$324
$50
Yangtaze Ins...
$60
China Fires
414
$765
E.E. Fires...
$770
Shipping
$271.
Douglases
Steamboats
$244
$471
Indos (prež) ........
$50
3:0
Do. (def.)
590
92/4
Shell Transports ...
-90/-
Water-boats
$31
Hising
Benquets..
The cotton yarn market is quiet and consumption both in the city and the country districts is small. 8310 But prices have become steady a both supplies and stocks are limited. According to a Shanghai telegram, the prices there have risen from one to two taels.
•
The metals market in Hong Kong has been very dull on secount of the warfare and financial crisis in Kwangtung, the demand from Can- ton and the country districts being negligible. Things are slowly get- ting better, but prics are low on | #3.10" account of abundant supplies.
An enormous volume of business T.91
ged to be done between Fatshair and
Annam, but this year trade bas
"Although peace and order hove been restored throughout Kwangi, trade does not improve. Up to the present, nothing except a limited supply of poultry and cattle is ex- ported from Wuchow. The cause is said to be the heavy additional taxes imposed upon by the new Kwangsi Provincial authorities. Shipping busines between Wuchow and Hong Kong and other places has been, of course, very adversely affected.
may!
89/8
T.16
Kailans
Langkats (com)
Do. (single) Explorations......
T4 Shanghai Loans
Raubs
Tronch Mines
Docks, whatvOS, Godowis, etc.
H.K. & K. Wharfs. Providents
FL.K. Docks Shanghai Docks New Engineerings
Cotton Mills
$158 8129
1.93 Shai. Ctons (old)...TH T.48
$4.40
T.164
been adversely affected by the in-72 ex dir. creased duties on Annam goods. The 21 principal exports to Annam." from Fatshan are tooth brushes, fire crackera and other bousehold articles, rice and various native products of Annam.
#128
$42 $38 1.130
84,40
T
T.175 Hongkow
EwOB
Do. (new)...T2
T1090 Zoong Singe
Lands, Hotels and
H.K. & 3 Hotels
99.40
Shanghai Lands H.K. Realtys....
87.0
Humphreys Chinese Estates
$13.80
+
Public Utilities
Tramways
子
CANTON STOCK EXCHANGE | 800
- CLOSING QUOTATIONS.
CANTON, August 14.
+18
T.150
88
$13
$99
Buildings
$60
H.K. Lands
Water Works Electric Light & Power Co. 4.00 Canton-Hankow Railways... .50
.3.40
The Sun Company
99.00
Sincera Company.
123.00
Kanyang Bros. Tub. Co.
4.50
$64
Kwangtung Tramways Co.... 2.10 China Merchants' S.N. Co.... 35.00 Central Bank of China
$12.90
$13
$12.85
#60 694
49.00
Bank of Communications ... 40,00
EXCHANGE RATES.
[BRITISH WIRELESS SERVICE]
RrGay, August 14.'
Paris Brussels Amsterdam Berlin Copenhagen
Vienza Belsingfors Lishon
Bucharest Buenos Aires
$608
T.141
20/-
គឺ !!!ម្ព័ន្ធ ៖ ៖
87.
$18.60)
8841
$18) | $18.70|| ***.
$11.50 Peak Trams (old).. $8.00
Do. (new)... Star Ferries
C. Lights (old)...... 312.90
Do. (new)....813.76 H.K. Electrics renca
$28 Macao do.
Sandakan Lights ....
Telephones
Chins Buses
Tractions..... 86 Do. (pret)...
Industrials
Canton lees $1.95 Cements (comb.)... $8,80
Do.
Do.
Ropes
Awaken
China SugarS ‚********
Malabon Sugars
United Asbestos
T
81.40
+4
127
P
(old)... $1.60 (new)... $1.2
$13
W
280
592/60
113H⠀
$11.80
THRILLING ROMANCE OF THE UNDERWORLD
-presenting Norma Shearer in ber most striking role!
NORMA SHEARER,
LOWELL. SHERMAN
AND
GWEN LEE
IN
A LADY OF CHANCE
AT TH
TO-DAY & TO-MOBROW
QUEEN'S At 2.80, 5.10, 7.15 & 9.20.
The famous wonder dog at his best in another thrilling adventure story
WARNER BROS. PRESENT
RIN-TIN-TIN
IN
TRACKED.
BY
THE POLICE
AT THE
WORLD
#WARNER
BROS PRODUCTION
TO-DAY. & TO-MORROW
At 2.80, 8.18, 7.15 & 8.20:
SPLENDID acting, delightful scenery, drama, thrills and romance, in a lavish screen version of Victorien Sardon's famous stage play!
ODETTE
A BRITISH PRODUCTION
with
FRANCESCA BERTINI, WARWICK WARD
AT THE
Our
STAR
RUBBER.
TO-DAY at £30 & 9.20. TO-MORROW at 2.30, 5.80 & 9.20.
THE DIAMOND INDUSTRY.
LITTLE VARIATION IN YEARLY OUTPUT.
BETTER ENQUIRY.
Messrs. Pentreath & Co. have forwarded us the following letter
A particularly interesting part of dated July 10 from Messrs, Hornby speech of Sir Ernest Oppenheimer Hemelryk & Co., Liverpool:
at the annual meeting of the Angle- America Corporation of South. The better enquiry referred to in Africa held recently in Johnnesburg:
last report. has continued throughout the week under review, was his explanation of conditions
in the diamond industry, More activity bas been in evidence
Sir Ernest said there was a and prices shewa substantial im-general impression that "diamonds provement en balance.
to-day were more plentiful than As stated, previously, the upward ever and that there was in the movement commenced with the pub- diamond trade a liveliness, which lication of the figures of shipments was formerly absent. By means of for June, and was stimulated by re- 豁
a carefully prepared chart he was, parts that the consumption in able to rebut this impresion. America continues at a very high The enormous increase in alluvial rate. Ap opinion which is now production in 1926 and 1927 that gaining ground in the London followed the discoveries in Lichten- Market is that the Continental de berg is a thing of the past, and mand, added to that of the Home the large increase in stocks that Trade, is becoming a considerable resulted from the rich discovery in factor in the market situation, a Namaqualand is being taken care fact which does not appear to have of by the Diamond Syndicate, who. penetrated the New York market, will spread the sale over a lengthy which still logs behind and up, to period. According to the chart, the present only adjusts its prices which covers the production in the to the London market.
Union and South West Africa the.
86.90
829
123.955
39
34.87
12:101
$7.70
90.38
18.21
34.425
$80.05
193
108.20 817.
35
472
Miscellaneous
Shanghai
2/41
Yokohama
1/11
$10
Dairy Farma
New York
4.84 3/16
$13
Der A. Wings.ren
80.00
Geneva Milan
Stockholm-
25.21
$56
TH
Amusementa
92:735
$1.55
ConstructionE
18.105
Lane Crawfords.
$1.95
Oslo .......
Prague
Madrid
Athens
Rio
18.203 1631 33.06 375 87
$18
$12
$11.90
Mackintoshs
84
Bombay
.1/5 25/32
104%
Hong Kong
1/11
71%
+4
Silver (spot).
Silver (forward)
241
Nanyang Tobacco.. Sincerca (old)........
(new)
Do.
Watsons
Wm. Powells
B. Ind. G. Botida.......
H.K. Gort. Loan ........
eie
At the moment, the tendency is output of 1928 at 3,973,900 “çarata to hesitate slightly, which is not was actually less than in 1906, when surprising in view of the sharp the output amounted to, 4,075,900 The value of the out- advance, but still higher prices are carats. expected, and it is anticipated put in 1928 was higher-namely, thet, when the New York market 10,304,000, against 28,974,400 for realizes that more Rubber is being 1900 but this is due to the fact shipped to this country and to the that the general level of prices in Continent, and less to their own 1926 as compared with 1906 was con country, septimeat in that market siderably higher. Actually there. The very little difference between will also change.
the diamond output last year and Reviewing the situation, we con the average production for the last sider that higher prices will yet be 23 years.
"paid in the London market, and
we therefore think that purchases on reactions should prove ad;}. ANGLO-JAVAS DIVIDEND vantageous.
Our New York correspondents Mr. Harry O. Odell, of the Hong cabled last night that the market Kong Stock Exchange infortos, us is undergoing a technical reaction that he has received a telegram and that the heavy world consump from Shanghai that Arglo-Javns tion is expected to cause higher have declared an Interim dividend prices eventually.
of 40 Candareeds per share.