1926-01-26 — Page 3

Page

THE UNITED ASBESTOS ORIENTAL AGENGY, LTD.

Tel' Central 236,

SOLE AGENTS FOR

“PUDLO

99

Makes Cement Waterproof

$6

FEUSOL

99

The Immovable Fire Cement

2, Queen's Büildings.

ANCHOR BRAND PURE MANILA ROPE.

"THE CORDAGE YOU CAN TRUST."

MARINE ROFE

TRANSMISSION

OF POWER ROPE

CABLE LAID

BAWBERS

WELL DRILLING

CABLES

,"

ESTABLISHED 1854

NCHAUST

ROPE

FACTORY

MANILA

THE HONGKONG DAILY PRESS, TUESDAY, JANUARY 26TH,

ROPES OF ALL SIZESTOR ALL PURPOSES

MADE FROM PURE MANILA HEN?

MANUFACTURED

BY THE MOST

MODERN MACHINERY.

STOCKS ON EAND OF ALL SIZES. ENQUIRIES, SOLICITED.Į

FACTORIES-MANILA, P.I.

KING'S BUILDING. 3165.

HONGKONG OFFICE:

TELEPHONS CENTRAL

REPULSE BAY HOTEL

CARNIVAL

ON

SATURDAY, 30th JAN., 1926

$4 Per Head. Dinner $4 Per

FANCY OR EVENING DRESS OPTIONAL.

Late Bus to the Peak Hotel-12.15 a.m. Special Bus to the Hongkong Hotel-12.30 a.m.

Tables for above may now be booked at THE HONGKONG or REPULSE BAY HOTELS, Telephones C. 32 and C. 776.

THE HONGKONG & SHANGHAI HOTELS, LTD.

South China Knitting Factory.

A Modern Factory recently installed with the most up-to-date machinery in Hongkong.

Already supplying the Far East, from North Chine to India, with the Highest Grade

COTTON SOCKS.

We are now in a position to deal rapidly with the largest orders, and we invite enquiries from Wholesale and Export Firms, interested in a class of goods which has acquired a wide reputation for being of the most depend- able quality.

Office and Factory: MONGKOK, KOWLOON. Cable Address

SOUCHIKNIT, HONGKONG.

K503,

A.P.B.

RUBBER TURNED INTO GOLD. HONGKONG STOCK EXCHANGE,

AMERICA PAYS.

INVESTORS WARNED TO BE

CAUTIOUS.

"

CLOSING QUOTATIONS.

JANUARY 25ra, 1926 ..$1,060 buy. Do London.........£128 nom. Chartered Bank.

£914 nom. Mercantile Bank, A. & B... nom.

Hongkong Bank :

Do

O. Bank East Asia Bank.

24.

.....

доп

nom.

$35 ་་་་་་་་་་་་ཡཾ ཀཾ

$590.buy

145 nom

Canton InsuranÓë ..................... China Underwriters North China Imurance Union Insurance

anglese Insurance $36 buy. China Fire Insurance165 buy. Hongkong Fire Insurance 800 801.

LONDON, December 2nd. British, rubber companies, it is esti. mated, will have increased their profts by about £30,000,000 this year. A

The bulk of this great transaction re- presents America's purchases, which have exceeded £100,000,000 in value in the past twelve months. The output of British owned plantations has reached about 250,000 tons, which is roughly one-half of the world's production. An average in- crease of si a pound in the price for the year, has made rubber production the golden industry of 1925.

SHAREHOLDERS.

Most of this vast wealth will reach the fortunate shareholders of the rubber com

panies, but speculators who sit in C offices and buy great quantities of rubber and sell it again in a few hours, if con- ditions are favourable, have taken a share that would represent a fortune to most people.

Many thousands of pounds have piled up to the credit of these speculators in one day. Some have lost as much on the following day, but a few have bought and sold so cleverly that their gains have in- ereased without a break throughout the

year,

Brokers have also reaped à good share of the harvest. The producers have few, if any, direct transactions with actual users of rubber. "

O, M. Steamboats... sol.

Indo-Chinaa (rek). Shell Transports Star Ferries....... Watarboats...... Oriental Navigations China Sugars Malabon Bugars Benguets... Kailan Mining Ad... Langkats (combined) Do (single)

Exploratio Loans

Baube Tronch Mines

Ural Caspians H.K. & K. Wharfa, EX & W. Docks Rongkews....

**********

New Engineerings. Shanghai Docks

H.K. & S. Hotels (old)...

Hongkong Lands ......... Hongkong Realtys (o.p.) Territorials (f.p.). Prince's Huildings........... Humphreys Estates..... Rural Lands

3 sel.

## nom.

„AM DOM:

,97/- pom.

355 Bel

$16 buy

$250 nom. 591. sal.

$1.90 nom.

bay,

Th. 30 sal. Tis 20 Rom.

5.48 nom.... Tla. 8 nom.

$5.HO Bl

„55/- nom. · .8/-now

$123 sel. $571-buy.

Tls, 163 nom. Tls. 7 bay, Tis, 114 sel

31+ buy,

1926

You've heard a lot about Big Pictures:

This

is

the biggest of them

all !

TO-DAY Till SATURDAY

At 2.30, 5.15, 7.15 and 9.15 p.m.

CARL LAEMMLE

PRESENTS

HIS COLOSSAL PHANTASY IN 10 REELS

THE PHANTOM OF THE OPERA

WIE

LON CHANEY

EXQUISITE MUSICAL PRESENTATION.

QUEEN'S

.863 sel.

..85 bay. $5 bar. $137 cm. SIDU ROIS, 37 sel.

WE BUY

1/20

Banks

1

10,20

Uniona

Tis. 10 sei.

100/500 Construs.

100 100

Tls. 3. Bom

50.

Electrica

Kl. 58 mel

500

Malakoff:

(new).

Tis. 28 sol.

500

Glenexlys

8102 buy.

500

„STĘ DOEL.

300

Kodak

"

100

Malaka Pin.

Ewo Cattons..named

Orientale.... Shanghai Cottons (old)

Do.

Almost every pound is sold either through speculators or brokers in Mine- ing-lane, and there are countless middle- men whe take part in the intricate trans-Amusements ...... actions carried out by the brokers. The Canton Ices....... commissice paid, though small in itself, Cements (combined)....815 nom. quickly founts up to large sums.

Do. (old) .........$12 nom. Da

21, 103 buy, China Busce China Lights (combined)...$16g sal

Da. (aid)

$1 Bel Do. (new) set. Chino Providents (comb.)...$30 nom.

Do. (old) .....38 sel. Constractions... Dairy Farms. Der A Wing (f.p.) Hongkong Electrics Macuo Electries

The demand for rubber shows no signs of diminishing. The increasing popularity of moter-cars, particularly in America, is likely to make the demand greater than ever in the next few years. and Great Britain as the chief owner of the rubber resources must continue to dras more and more of the wealth of America as the principal user of rubber. This increasing demand will stimulate the supply, and the price of rubber is likely to be reduced to more reasonable levels.

An indication of America's clamorous demand for rubber is centained in the fact that until the end of October, 181,154 tons of rubber were shipped this year direct to America from British Malaya. compared with only 23,578 tone to Great Britain. A large proportion of the rub ber sent to Britain was reshipped to America.

Mand schemes have been planned by American speculators to escape the the most existing monopoly, but even practicable of them cannot possibly be developed for many years. Efforts have also been made to find substitutes for rabber, but without success, and the inevitable result of the law of supply and demand has forced up the price, from 1s. 2d. a pound last year to 45. 5d. this month The present price hovers round 4s a pound, and America has no option but to go or buying.

VARYING DIVIDENDS,

The money will circulate in the country through "the hundreds of thousands of shareholders of the producing companies. Dividends have varied from ten per cent. to fifty per cent.

1

"There probably herer was such a rush for rubber shares since the great boom in 1910," said a financier, who is an ex- pert in rubber transactions to a Daily Expresa representative yesterday." "The public should he careful and know all about a company, before investing in it. Of course, every year of successful trad ing means important developments in the plantations, inore work for natives and Europeans, and more plant from British factories. The whole country benefits in some way.

"Britain's control of the rubber mar- ket is not in the least unfair. British capital and British skill and hard work have achieved well-merited success which is being rightly exploited to the utmost." Many £1 shares are quoted in the market to-day at prices ranging from £4 to £0. This, of course, is a high-water mark, and speculators should be warned against plunging.-Daily Express.

*** HIGH-SPEED AEROPLANE

ENGLISH MÀCHINE TO FLY (75

• MILES AN HOUR.

A machine which will, it is claimed, be the fastest fighting aeroplane ever pro duced in Great Britain, is now nearing completion at Hamble near Southamp ton. It is, in effect, Britain's reply to the high-speed craft which have been evolved in America.

-Y

H.K. Developments. HK. Ropes (combined) Do. (old) Do. (DOW) Hongkong Tramways Lane Crawfords... Mackintosha. Peak Trams (old)

Do. Sinceres.

(now) (c.p....

United Asbestos. Watsons (old),

Do. (new) Wm. Powells...

..$3 buy.

..817) 501.

$10 nom.

$31 nom..

$40 nom

30 eta, buy.

$40 Bel.

13now.

$8) nom.

$21 buy,, 214 sa

812 nom.

821 nom $17,bay. .38 nom. $11 sel

.Şİ sal.

820 nom.

$12

buy.

..$12 buy.

..$12 sel.

buybuyers; sel-sellers; sa-salos;

nom.-nominal

EXCHANGE RATES.

BRITISH WIRELESS SERVICE.]

RUGJY, January 23rd. To-day's exchange rates are as follows: Paris Brussels..... Amsterdam

Berlin Copenhagen Vienna Helsingfors Lisbon

Buenos Aires Shanghai

Kobe New York

Geneva

130.

306.85

12.10

20.404

19.625

34.59

193

46

48.15-32

3/01

1/10

4.881

95.17

Milan....

120.4

Stockholm .....

18.18

Oslo

23.915

Prague Madrid Rio

164,1-16

Bombay Hongkong Silver Sgot Forward.

34.35 7.12-32

1/8.11-39

2/41 201

30.15-16

THE CHINA STOCK AND SHARE HANDBOOK.

INVESTMENTS

Canton Ins.

C. Lights (old)

do. (new)

100/200 Sugars

5/10

300

Wharves Raube

Ayer Moleks 50/100 Amusementa

30 1. Orawfords

BRITISH BREWED FROM MALT & HOPS by the

PALATINE CO. LTD MANCHESTER ENG

WE SELL

100 100

Dairy Farms Moutries

S'pore. Trams 200 200/500 L. Crawfords 100/500 Underwritare

100/500 Peak Trams

Realties

50

100/500 Electrics 10/20

Ek. Fires 10/20 Canton Ins.

SMALL INVESTORS, 10, Des Vaux Road) TEL 4630.

Malt &

Hops

Malt and Hops and Malt and Hops alone give 10 ROYAL BEER its pleasant, inviting flavour." ROYAL BEER is guaranteed pure and is care fully bottled to keep perfectly ander all climatic conditions. Sparkling, lively, "cool and refreshing.

ROYAL BEER may rightly be described as the *Champagne of malt liqua."

"ROYAL BEER

Obtainable from all Hotels, Wine Merchants' and Stores.

AGENTS:--

Messrs. DONNELLY & WHYTE,

42QUEIN'S BUILDINGS,

HONGKONG.

A FINE SELECTION OF HORS-D'CEUVRE.

[195

Investors in Far Eastern stocks and shares, will be glad to learn that "The China Stock and Share Handbook" (com piled and published by C. R. Maguire of Shanghai and printed at The North- China Daily News and Herald, Ltd. been revived, and that additions have SMOKED SALMON in Oil (LAX) been made to this useful work of refer- BLACK RUSSIAN CAYLAB, 24 oz. 10 TUNNY FISH EXTRA, Large Tin I... ence which considerably enhance its

has.

value. A page is devoted to each com- ROLMOPS

Prix

82781TTALIAN ANTIPASTO

Priz $.45

..80

02... 2.50

:80

24

Small Tin BAUCISSON de LTON OLIDA per lb. 180 60 BLACK OLIVES.

A0

ALSO

pany setting forth its capital, directorate, HEREINGS in White Wine Mark Bucle etc., and Furnishing comparative figures HERRINGS EXTRA (J. TEOLEY) ...... of its financial position over a period of five years. A section of the book is devoted to the Shanghai Habber Planta- tion Companies and notes on the plant ing industry generally which the compiler says should serve to assure investors

This new craft, which has been design ed and, constructed by private enterprias, with the main ideal of demonstrating that this country can produce aircraft equal to any in the world, will be capable of the great stability of this industry. of a speed of between 175 and 160 miles Another section is devoted to the rail an hour. This is about twenty miles per ways of China, and one to Chinese hoar faster than any fighting machine yet Government loans. In addition the in use in the Royal Air Force.

Handbook includes useful information regarding the Stock Exchanges and ex- change rates, Altogether it is an invalu able book of reference for investors in Far Eastern "stock"

It is not sseret in the sense that it has been adopted by the Air Ministry, but its constructors are not yet revealing any of its details, as, after trials, it will probably be placed at the disposal of the authorities. It is being fitted with reN direct-drive Napier Lion engine, in prin ciple the same as that used in the Super How many men in the House of Lords marine-Napier B4 seaplane which was to day can give a correct interpretation built to represent Great Britain in the of a line of Homer-Sir Henry Hitsser. Schneider Cup at race at Baltimore.

Mr. A. V. Roe has been responsible for The world of chemistry resta on an the development of the new high-speed elephant the physicist the elephant fighter, the trials of which are awaited rests on a tortoise the pure mathe with the greatest interest in both military matician; and the tortoise rests on-13 and civil air circles.

cannot tell. Sir Donald MacAlister,

Tex. 794.

50

GRUYER ROQUEFORT & CAMEMBERT CHEESE, THE FRENCH STORE,

No. 9, BEACONSFIELD AndADE.

USE COLGATE'S SHAVING STICKS AND RIBBON

DENTAL CREAM

SOLE AGENTS

THE HONGKONG TRADING CO.,

CO., LTD.,

BANK OF CANTON BUILDING,

HONGKONG,