10
BARDI
WILMELAGET BA
FAXANA
EXPRESS
LINE
SERVICE
BARBER WILHELMSEN LINE.
TRANS-PACIFIC AND ATLANTIC COAST SERVICE via PANAMA.
NEXT SAILING
M.V. “TAI YIN'
on SEPTEMBER 12th
for
SHANGHAI, KOBE, YOKOHAMA, SAN FRANCISCO,
· LOS ́ANGELES, NEW YORK & BOSTON
42 Days To New York
For Passenger and Freight information please apply:--
DODWELL & CO., LTD.
Queen' Buildings.
Agents.
Telephone 0. 1030.
JAVA-CHINA-JAPAN-
J.CJ.L
York Building.
Hóng nhE
LIJN:
Tel. Adjress;
Central
REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG HONG, ‘AMOY, SHANGHAI, MANILA AND THE DUTCH EAST INDIES.
SOUTH BOUND.
EXPECTED
STEAMZIS
FROX
ON OF ABOUT
WILL LEAVE OS
FOR
TJISALAK
TJIBADAK
TJISONDARI
SAL, K'LONG th Sept.
Амот S. & AMOY 16th Bept. SUAL. & Amoy 20th Sept.
10th Sept., MANILA, M'X1AR. Noon SOERABATA 18th Sept. Mania, Mʼkban.
Noon 28th Sept Noon
NORTH BOUND,
& SureLBALA BATAVIA
EXPECTED
STEAMERS
FLOM
ON OR ABOUT
WILL LLAVE ON OX ABOUT
For
TJISONDARI BATAVIA 14th Sept. TJIMANOEK Java,Maxantan 18th Sept.
18th Sept. Amor & 5'sai
20th, Sept.[Amor & S'ALI.
JAVA.
THE TROPICAL GARDEN OF EDEN.
Follow this flag on the comfortable steamers of the JAVA-CHINA JAPAN LIJN to JAVA.
Gorgeous motoring along hundreds of miles, of Asphalt roads.
Faous Botanical Gardens of BUITENZORG, Smildering Volcanoes.
Ancient Hindu Burubudur and Mendut Temples. -Native Art and Art Craft.-Numerous cool Mountain resorts 3000–6300 feet altitude.
A round-trip that takes 3 to 4 weeks to be remembered for a life-time.
For particolars apply to 1-
JAVA-CHINA-JAPAN LIJN.
Agents:-
ROYAL NETHERLANDS INDIES AIRLINES, LTD. York Building.
Telephone C. 1574. 1575.
1555.
THE HONG KONG DAILY PRESS, TUESDAY, SEPTEMBER (10, 1929.
Money and Markets
GOSSIP FROM THE SHARE MARKET.
STEADY BUSINESS REPORTED DURING THE WEEK:
EWOS STILL RISING.
FREE ADVICE FOR INVESTORS.
(By "KUFAN."]
The volume of business put through during the past week on the local Rialto has been described in one quarter se encouraging, but interest at the moment seem to be confined to a few stocks, these being principally Ewos, Chiina Lights, Hotels, and Cements."
A number of people in Hong Kong are of the opinion that Ewos are too high, but in spite of the fact that Hong Kong has been selling a good number of shares, they continue to improve in. price, and it is difficult to say what is going to be the top rate.
Personally, I would not be surprised to see them touch Tls, 20.. but if I had shares I would make sure of my money. Safety first!
BANKS-A few small parcels of these shares changed hunds during the week at 81,230. At the close ci
businces there were sellers at this rate, while buyers were only offer ing 31,926.
UNDERWRITERS are inquired for at 81.90, and shares were dealt in during the week at $9.
fi
$330,
•
REPLIES TO READERS.
Readers who have written in during the week will find replies
#
HONG KONG TRADE.
$
WINTER BUSINESS BEGINS
IN WOOLLENS.
The fortnightly report of the Hong Kong General Chamber of Commerce contains the following references to the textile trade
Cotton Pieces Goods and Fancy Cotton Goods,
The following reports have been
received:
Market activity, such as it is, continues to be confined to pur chases of amali dimensions—a situa- tion due to poor upcountry demand. Smail sales of dyed coatings and Indigo prints have occurred, but the aggregate of new business trans. acted during the fortnight under re- view has been disappointing.
Clearances, whilst showing im- provement, are relatively poor for this season of the year.
As annonaced in the local Press, the wage dispute between masters and operatives in Lancashire was settled quickly by arbitrators, and their award of a wage reduction equivalent to 8 per cent, becomes operative on the 14th inst.
THE METAL MARKETS,
Mesara. Rudolf Wolff & Kew, Ltd., have forwarded us the following re port dated August 3, from their London branch --
Markets have on the whole dis- played rather more activity, and frmer conditions have prevailed,. the comparatively low prices ruling in some instances having attracted buyers, whilst at the same time selling pressure has relaxed. Prices ia consequence are all higher as compared with last Friday.
Tia.
notice to CONSIGNEES.
OCEAN STEAMSHIP CO. LTD.
AND CHINA MUTUAL STEAM NAVIGATION, CO, LTD.
YONSIGNTES por Co.'s Vessel
ASPHALION"
From UNITED KINGDOM TA SINGAPORE
are hersby natified that their Cargo will be * discharged into Bolt's Wharf, Kowloon, where it will lie at Consignees' risk and subject to Ferms and Conditions of Storage at Bah's Wharf. The Cargo wit be ready for Delivery from Godown in
after th September,
are to be left i
be Will
to Rent,
All Claims against, the Vessel must be presented to the Undersigned on or before the 30th Septembar, or they will zot be recognised.
No Fire Insurance will be affected.
BUTTERFIELD & SWIRE
Agrota 9th September, 1939. [8345
Tin has been quiet and irregular. Optional Cargo will not be landed here, and prices, moving within marrow anless Notice Sas been given prior to compass, show little change na com- Vessel's amiral, but carried on from pared with our last report. Sales port to port to the final port of call to
option extends. in the East during the week have which the amounted to 1,620 tons; shipments All broken, chafed and damaged Goods in the Godowns, where they thence for the present month are estimated at 8,000 tons. Promiums Fridays between the hours of 10.15 3. examined any Tuesdays and on Straita and Banks tis are and Nows within the Free Storage period. about £3.15.0 and 10 respectively. No Claims will be admitted after the Statistics published yesterday, of Goods have left the Vessel's Godown, which we append some particulars and a Goods remaining undelivered below, showing a further small after the 16th September, will be subject decrease in the total visible supply, were very much as had been anii. cipated, and their publication had practically no effect on the course of prices. Demand on the part of consumers in this country and on the Continent is fairly well main. tained, whilst moderate activity is reported from America. Generally speaking, the position has under- As far as new business is concern gone no material change: & ruther harder undertone, is noticeable, the There has, however, been some im-
market meeting with good resist- provement in clearances and furtherance at around current price levele, sales of black cotton coatings are and sellers show no disposition to press prices unduly. The consistent reported.
Woollens...
though small improvement in the Deliveries of this "season's wool statistical position, month by month CONSIGNEES per Do Vessel lens have commenced.
gives ground for the belief that of this cargo have been fairly autis-slightly improved and that supply Clearances consumption has, on the whole factory and are likely to develop and demand are fairly evenly during the next few weeks.
are hereby notified that their Cargo will balanced, so that if consumption be discharged into Holt's Wharf, Kow- further expands, as is not unreason. loon, where it will lie at Consigue able to expect with the advent of risk and 'subject to Terms and Condi. the Autumn months, higher prices tions of Storage at Holt's Wharf. The
Cargo
ill
be ready for Delivery from should eventuate.
Godown on and after 9th September.
Mid. Am. Spot" was quoted 10.47d. in Liverpool on the 3th inst., and Eg. Sakel 17.40d.
Another report states:-
to their queries below. Any mattered, there is nothing new to report. pertaining to the Hong Kong Shanghai and Singapore market can be dealt with and steps are taken to give a full a reply a possible, but on the distinct under- standing that no responsibility is thereby incurred.
or
UNIONS were rather neglected Those seeking information in the early part of the week, but advice from the writer are requcet finished up in great demand ated to send their names and ad- dressce and in addition to include a nom-de-plume so that replies WHARVES have buyers at $199 intended for them could be easily picked out. Letters must be ad- and sellers at $130. There are a few inquiries about, but no bus-dressed to KUTAN," c/o The Editor ness was reported during the week,f this paper. Answers are given
in this columa once a week.
•
*
44
at
PROVIDENTS
done were 84.35 and are still wanted at this rate.
EWOS changed hands during the past week at rates varying hetween Tls. 17.00 and Tis. 18.30 cash. There are local buyer for this this stock at Tls. 18.60, Shanghai offering Tla. 18.75.
#
HONG KONG HOTELS-This stock firmed up during the week for some reason of which I am nob aware. They were done at 85.50 oarly in the week, but finished up on Saturday with buyers offering 80 without attracting sellers. The rise in this stock is based, I under- stand, ou actual demand, but so far I have not heard of any reason for the demand-not even rumour!
+
B
HONG KONG LANDS changed hands during the week at 838.80 to 260, and have buyers at the latter figure at the close.
*
HONG KONG REALTIES-A few small parcels were taken up at 88, and there are still a few small buyers. at. this rate.
HUMPHREYS eased off little during the week; buyers only offer. ing 814.10 while sellere are asking $14.20. They are a safe "buy" these rates.
-
*
JA
TRAMS-Quite a large number of shares changed hands" during the early part of the week at 818.10 to 319.23. They went as high 818.40 towards the end of the week, but apparently sellers predominate and they closed with sellers at $18.40 chali and $18.50 for this settlement.
STAR FERRIES are gradually ereeping up. Business was done ab 860 during the early part of the week, and there were buyers in the market od Saturday at 868.25 and I think more will have to be offered for sellers to come "out
•
CHINA LIGHTS, after dropping to as low as $12.70, suddenly im proved to $13.15 but apparently the
*
•
*
Cotton Yarz.
No business to report. Nominal quotations are as follows:-No. 10s $160 to 8183, No. 19 8180 $197, No 188 3200 to $205, No. 20s 8210 to 2220
CANTON RAW SILK
MARKET.
REPORT FOR WEEK ENDING
SEPTEMBER 3.
A.B.-1. I think this stock will go up. Your rate must be cum dividend, and if you can show say $500 proit, don't hesitate to sell. Watch the market, 3, I can only tell you that there is beary buying in Hotels at pre- sent, and there might be some money in it." but otherwise I am afraid I still think it is better to wait. 4. The general opinion of those who are deeply interested in this Company is Yes. 5. If you can get the figure you men tion, I think you are playing safe. G. I see nothing wrong with the course you mention the last-075 for 14/18 N.S. Crack Chops. named stock is likely to go up.
JOAN-Not true at all. On
paper
it sounds quite easy, but when you try to borrow money for the purpose of speculation, it will be quite different. You say there is money in Hong Kong available for your purpose, but you will be surprised when you try to raise it,
•
ነ
the PROSPECTOR - I
stances you mention, there seems to be no reason why you should still hold on to your shares. Why nab take your proft and stop the Buspense?
Buyers have mostly withdrawn from the market, and the past week has been quiet. Prices are a trifle Inwer, but the undertone of the market remains very firm owing to the high enst of cocoons in the in- terior.
We quote to-day :—
$800 for 30/92 N.S. Ex, Ex, A. 8073 for 13/15 O.S. Best I.
"TO-DAY'S WIRELESS.
PROGRAMME.
BROADCAST BY ZB.W, ON
350 METRES.
1,48 p.m.-Weather_report 5.30 to 6.30 p.m.-Programme. of Chinese music (records supplied by The Pleasant Co.),
"The
Double Single
OPTIONS.
j Cash. Opening ..£214.15.0 Highest...... 215.0.0 Lowest...
213. 5.0
$13.20.6 0.15.0
Three Months.
£218, 0.0
NOTICE TO CONSIGNEES.
OOKAN STEAMSHIP CO., LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
"UANFA"
FROM UNITED KINGDOM VIA SINGAPORE
Optional Cargo will not be landed unless Notice has been given prior boro, an
to Vessel's rival, but carried on from
port to port to the final port of call to which the option extends.”
All broken, chafed sąd damaged Goods 210.0.0 are to be left in the Godowna, where $10.15.0 they will be examined or may Tuesdays 17. 3.9 and Fridays between the hoary of
10.45 Am. and Noor within the Free- Storage period.
Closing... 213. 6.3
Turnover for the week 2.120 tons.
STATISTICS.
Shipments from the
Straits
Total supply
June. Tons.
8,702 11,402 Total deliveries....... 12,243 Visible supply...... 23,038
Copper.
No Claims will be admitted after the July. Goods have left the Vessol's Godown, Tous, and all Goods remaining undelivere
after the 16th September, will be subject 7,703 to Bent. 10,460 All Claims against the Vessel mast 10,735 be presented to the Undersigned on or 23,643 before the 30th September, or they will
not be recognized,
No Firo Insurance will be effected. BUTTERFIELD & SWIRE,
Agents 9th September, 1929.
[8348
NOTICE TO CONSIGNEES.
Copper although displaying some irregularity, has ruled firmer, the price showing an advance of 208. for cash and 18/3 for three months as compared with the close of las: week: A feature has been the ten- dency for the contango to contract, being at one moment only 7/8 ná compared with 17/8. a week or so ago, resulting from further with drawals of copper from store, on
OCEAN STEAMSHIP CO., LTD
AND
CHINA MUTUAL STEAM NAVIGA- TION CO, LTD.
CONSIGNEEVENUE"
por Co.'s Vossel
FAOK NEW YORK VIA SINGAPORE
rink
1
account of which near delivery has C been offered more aparingly, the market at the same time being sub- jected to some fairly active bear covering. In consequence of this, are hereby notified that their Cargo intermediate dates have commanded having arrived per ..OANFA better demand from consumers is comparatively high prices. A rather from SINGAPORE will be
into Hoit's Wharf, Kowloocharged reported, both in this country, and and subject to Terms and
liest Consign Conditions on the Continent, which, coupled of with the maintenance of the Asso- rage at Holt's Wharf. The Carga be ready for Delivery from ciation price and the above men Godown on
and after 9th September. tioned withdrawals of copper from
will not be landed store, has stimulated the Standard here,
gaven prior market, but confidence in the future to Vessel's arrival, but sarried on from has not been fully restored and port to port to the final port of call rising prices are met by realisation to which the option extends. and selling, which confines fluctua
All broken, shafed and damaged Goods tions within comparatively narrow are to be left in the
Godowns, where they will be
I be examined
on any Tuesdays and Fridays between the hours of 10.43 4 and Noar within the Free Storage period.
SHAREHOLDERS There is no
Way out.
Transfer the shares. How would you like a serip in your own name to be travelling 7.49 p.m.-Evening weather re round the market for a few yeare, pert. and stangers approaching you for 8 p.m. - Evening programme. dividends from time to time. It Columbia, sourds supplied by wouldn't do, would it?
Messrs. Anderson Music Co., Ltd.). "Ivanhoe" (Sullivan), Selection, of H.M. Regimental Band circum-
Grenadier Guards.
Ballad Monger
and Maire, My Girl" Baritone, "Rex. Palmer, "Tarantelle For Flute and Clarinet," and "Second Sere- aata," H.G. Amers and The Eastbourne Municipal Band. Burlesca." and Minuetto,
Madami Instrumental Quartet. Old Man Sunshine," and I'm Sorry, Sally," American Duet- tists, Layton and Johnstone. "Capriceio Espagnole," Sir Hamil-Opening
ton Harty and The Halle Or Highest........
Lowest
limita.
Double Single
-OPTIONS.
Three
Months.
£4.10,0 2. 5.0
#
Cash. £72.18.9
73. 5.0
72.17.6
do not share your M.J.VI
optimism in this stock. Shures have been going up and down with rumours of all kinds being circulated, and I certainly would not recommend einking so much money in these shares, when there are such a good number of dividend-paying stocks to choose from. Still, you ought to be able"Oh! What a Night to Love," and Closing............ 73. 5.0 to judge whether you should sell your holdings or try the "aver- age" system, but I want to im press on you that the second, course would be 'pure speculation and nothing else.
"bears" are stronger than the SUMATRA CONSOLIDATED.
"bulis," because at the close of business on Saturday shares could be obtained at 813. Buyers are holding off, I still think these shares can be picked up cheaper by waiting.
PRODUCTION AFFECTED BY
DROUGHT.
Profit of Sumatra Consolidated Rubber Eastates for year ended ELECTRICS changed hands dur- taxation and depreciation, toge April 30, 1929, after providing for ing the week at rates varying bether £3,300, and charging staff tween $69.50 and 860. They finish commission, was £6,218, against
ed up with buyers only offering £14,481. Directors propuse divi- 859.23 and sellere asking 859.50.
dond of 9d. per share (34 per cent.) for year (against 10 per cent), Car- rying forward £2,014, against. £3,111.
*
HONG KONG TELEPHONES— After being neglected for quite a
Unusually dry weather persisted considerable time have improved from a buying rate of 88.75 to 88.18 throughout period, and in conse at the close of business on Satur- quence trees did not give their best yield. Crop of 516,398 lb. day. I think the rise is a bit pre obtained was 102,000 lb. less than mature, and would not be surprised that for 1927-28, and net sale price, to see shares saz a little before the was 9.61d, compared with 16. 1.47d. and of the mouth, although I anti- Company's holdings of Govern cipate an improvement in this stock ment securities consist of: £15,000 five per cent."" war loan, 1829-47; £22,000 four and a half, per cent.. Treasury bonds, 1930-32,
after October.
SINCERES have come into the picture and closed with buyers at 89.90. They are a good investment at this rate, judging from the dividend they pay,
Empress of Russia, from Hong Kong, on August 21, arrived at Vancouver on September 7.
chestra.
Don't be Like That," Come- dienne, Florence Oldham, "Land of Dreams," and "Gosiam- er Wings" (Gerard), J. H. Squire Celeste Octet. Silhouettes". (Arensky),
Amers and Eastbourne
cipal Orchestra. (a) Introduction. (b) La Coquette. (e) The Dreamer, "I'll Always be in Love with You,”
and Do Something,"
Duct, Layton and Johnstone. "Dance of the Tumblers," and
Golliwog's Cake Walk," B.B.C. Wireless Military Band. "Turandot-In Questa Reggia," and "O Principi Che A Lung-
£73.15.0
74. 0.0.
73.12.6
74. 0.0
NORDDEUTSCHER - LLOYD,
BREMEN.
HE
Steatter
"FRANKEN **
8.3
Optionalce has been
unleas
No Claims will be admitted after the Goods have left the Vessel's and
all Goods remaining undated after the 16th September, will be subject
to Bonte
All Claims against the Vessel must be presented to the Undarsigned on or before the 30th September, or they will
be recognised.
Kob
No Fire Insurance will be affected.
BUTTERFIELD & SWIRE,
Agents,
9th September, 1929,
[6249
PRINCE LINE, `·
NOTICE TO CONSIGNÉES.
FROM NEW YORK,
THE T. 8.
H. G.
Muni-baying arrived from BREMEN, HAM- BURG and Forte, Consignees of Cargo are hereby notified that their Cargo is being landed at their risk into the Godowns of the Hong Kong & Kowloon Wharf and Godown Co., Ltd., Kowloon, where Delivery can be obtained.
Consignees are further notibed that
ROYAL PRINCE” the Steamer FRANKEN" has taken having arrived from the above Port At HAMBURG and BREMEN Through on 9th instant, Consignees of Cargo are Cargo HONG
KONG Ex 8.5. hereby informed that their Goods are CATARRE," being landed at their riak into the NEXT
from BIGA, Godowns of the Hong Kong and Kowloon he Carovane,' Soprano, Eva 08SCARSHAMN and GOTHENBURG, Wharf and Godown
Lámited, Company, Turner.
All Goods remaining undelivered after Kowloon, and stored at Consignees' risk Spinning Wheel," and Songs the 16th of September, 1929, will be and expense.
My Mother Taught Me," "Cello subject to strance will be effected by sa be left in the Godownt, where
Reat Solo, W, H. Squire.
No Fire "Tanga" (Albeniz - Gedowsky), us in any case whatever.
they will be examined on Friday, 18th and Moment Musicale
Damaged Packages must be left in the instant, at 10 AM.
All Claims must be presented within (Schubert), Pianoforte Bolo, Godown for examination by the Con-
des and the Company's Surveyors, 15 Par dates they cannot be to of the Vessel's arrival hora, Pouishnoff.
"Were
Anderson & You
Ashe
at 10 am, on after "Brittany," and
14th of September, 1920. There?" Bass, Norman Allin. Menashch, Folksong," and "Is-
Olaims will be admitted after the Goods have left the Godown and all mach Moisheh Falksong,
Claims must be presented within Twa Tenor, Cantor Mordecay Herz-Weeks of the Ship's arrival hero, sitar
*
man.
"Take a Pair of Sparkling Eyes," and The Knotting Song,' Tenor, John Contex. - Tom Jones" (German), Belection, Regimental Band of E.M. Grenadier Guards,
10.30 p.m.--Close down.
which date they will not be recognised
Consignees are requested to surrender their Bills of Lading to the Undersigned for Countersignature.
MELCHERS & 00. Agents 1. KURDDEUTSCHER LLOYD, BREMEN, Hong Kong, 9th Sept., 1920, [6847
All broken, chafed and damaged Goods
ara
cognized
Claims will be admitted after the Goods have left the Godowas, and all Goods remaiutag undelivered after the 18th instant, will be subject to Bent.
No Fire inaarance has been effected. Bill of Lading will be countersigned FURNESS (FAR EAST), LTD., 2nd Floor, King Building, Connaught Road,
by
Telephone No. C. 8165, Hong Kong, 8th Bopt., 1929, (8350