1926-06-23 — Page 3

THE HONGKONG DAILY PRESS, WEDNESDAY, JUNE 2380, 1996

THE UNITED ASBESTOS ORIENTAL AGENCY LTD.

Tel Central 236.

AGENTS FOR

2, Queen's Buildings,

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

HOLE AGENTS FOR

UNION

→

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIP'S BOTTOMS,

ANCHOR BRAND

MANILA ROPE. *THE CORDAGE YOU CAN TRUST,”

PURE

MARINE ROPE

TKANSMISSION

OF POWER ROPE

UABLE LAID

HAWSERS

WELL DRILLING

UABLES

ESTABLISHED 1854

YNCHAUST

ROPE

FACTORY

MANILA

RUPER OF ALL

SIZES FOR ALL PURPOSES

MADE FROM PURE MANILA HELP

MANUFACTURED

BY THE MOST MODERN

• MACHINERY.

STOCKS ON HAND OF ALL SIZES; ENQUIRIES SOLICITED FACTORIES-MANILA, P.I.

KING'S BUILDING. TELEPHONE KONTRA 8185.

HONGKONG OFFICE:

REINFORCED OR PLAIN

CENTRIFUGAL

CONCRETE PIPES.

A.P.B.

SPUN CEMENT PIPES OF AN IMPROVED_TYPE MADE LOCALLY

BY A PATENT PROCESS..

Detailed price lists now ready, Write, or 'phone and our representative will call upon you.'

HONGKONG ENGINEERING & CONSTRUCTION Co., Ltd. St. George's Building, Chater Road, Hongkong. Telephone: Central 4581 (two lines).

THE NAVY'S CHOICE

Coates

CORINAMAR

PLYMOUTH GIN

OBTAINABLE EVERYWHERE.

ASAHI

BEER

SPECIALLY BREWED FOR EXPORT

DAI NIPPON BREWERY CO.

LIMITED.

TOKYO JAPAN

80LE AGENTS-

MİTSUI BUSSAN KAISHA LTь

BONGKONG'

1/

410

WORLD TRADE.

PRINCE OF WALES ON MUTUAL

HELP.

INDIAN YARN MARKET REPORT.

Reporting on the Indian Yarn Market, Messrs. Polishwalla and Kotwall, cotton and yarn brokers, under date of June 21st, state

Biaco our last report good demand has VALUE OF PARLIAMENTS.sprung up during the interval, owing to cheap, rates, and a fairly good busines has passed specially in 10's yarn. These The Prince of Wales was present at sales were mostly confined to few dianer given by the Government in the favourite chops suitable for Yunnan and

ather adjacent consuming centres, Royal Gallery of the House of Lords in

Bombay latest reports indicato low honour of the delegates attending the rates with a weaker tendency- International Parliamentary Commer-sales, 3,800 bale; unsold stock, D,000 bales; bargains in Chinese hands, 4,500 cial Conference.

Lalea.

Mr. Churchill, Chancellor of the Ex- ebequer, presided.

In addition to the toast of "The King" he proposed that of "The Queen," point ing out that it was the birthday of her Majesty,

The Prince of Wales, who was received with cheers, proposed "The Sovereigns of the Kingdoms and Presidents of the Republics Represented," He said :--

Total

No. 10-Assar Veerico, 8152; Barla, $146, Bradbury, $160; Connaught, $115; Lavid, $159; Dawn, 3150; Mayer Sassoon, 8150; Phoenix (cow ticket) R., 8101 Phoenix (vase ticket) M. 155; Fresi- | deacy, 8144; Sun Mill, $150.

No. 12-China, 8157; Connaught, $185; Dawn, 8170; Faialbhoy, 8175; Finlay, $172; Moon, #171; Fubaney, various chopa, $175.

Shanghai-Reports show a moderate inquiry with a healthier tone.

Jajanose

present Yarn:-Although It is a great privilege this evening prices are considered very cheap, only a be present at this banquet offered by his limited business has been done in this yara Majesty's Government to the delegates at following rate:-The following are the of the nations represented at the Inter-quotations for spot yarn: Nagasaki No, national Parliamentary Commercial Con0,. 8107; Nagasaki No. 10, $162; Three ference and to take my share in welcom Horses No. 10, $190; Three Horses No. ing them to this country. The Confer 20, 195; Yellow Joss No: 20, 8193; Betsu ence is, as you know, haued on the exis No. 10, 8104; Setsu No. 20, 8108; Bulo tence of Commercial Committees in the Fish No. 12, B105; Bule Fish No. 20, various Parliaments of the world, and #108.

Raw Cotton:-No Stock. Quotations:

on this occasion we are specially glad

WAS

SAIGON RICE MARKET.

The report of the Compagnie de Commerce et de Navigation d'Extre Orient, dated June 16th states:

Our rice market remains firm and is ruled by, the prices of paddy, supply of which is still very poor for the season.

to greet so many distinguished visitors Bengal, 917 to 851 per picul; Chinese $50 in the Palace of Westminster. The first to $86 per picul Commercial Committee, to exist formed in 1002 in the British House of Commons, numbering to-day some 20 members the largest Committee in the House of Commons. (Cheers.) The pre- sent Conference is the twelfth of a series which began just before the war in 1914. Four years later a meeting was held in London, when the delegates were wel comed on behalf of the Government by the late Premier Mr. Bonar Law. Since that date meetings have taken place in Paris, Rome, Brussels, and other European capitals, and at each session the useful wark of the Conference has been extend ed by bringing under review the countless economic problems of international in- portance which have arisen as an after- math of the Great War.

Some business has been concluded with Manila and'. Cuba but without any in- fluence on the general tone of our market which is dull

Some important business in brokens has taken place with Europe, and prices have been raised up to high rates.

The total amount of rice exported from 1020, is January 1st to May 31st, 092,350,917 tons against 792,712,000 in

1925.

We quote today whito Saigon rice No., 1 25% broken round rain-long- kong 87.40, per picul of 134 lbs. Lo.b. Saigon; 20.14.0, per ewt. f.o.b. Saigon; yen 8.90, per picul of 134 lbs. f.o.b. Saigon,

White Baigon rice No. 2 sifted Japan quality-Hongkong 20.99, per pical of 134 lbs. f.o.b. Saigon; £0.13.2, per cwt. to.b. Saigon; yeu 8.40, por pical of 134 lbs. f.o.b. Saigon.

For June/July shipment. HONGKONG STOCK EXCHANGE.

To-day these problems are still weigh- ing heavily upon the whole world. Each nation has its own anxieties, some fin- ancial and some industrial, but your object will be to regard them, not from the political, but from the international point of view. Encouraged by united nction, mutual confidence in commercial relations, and striving for the stability and prosperity of world commerce on which the welfare of so many millions depends. (Cheers.) Your chief discus- sions this year, centre round the inters national aspect of the coal problem, in ternational shipping, bankruptcy laws, agricultural credits, and other questions of equal importance, on two of which papers have been presented to you by Englishmen to-day. I sincerely hope that every success. will attend your dis cussions and also that your visit to this country may enable you to gain first- hand knowledge of some of our present problems, a proper understanding of which cannot fail to be a valuable ad-East dition to your-varied experience.

Ganton InsurANÇÓ ............ China Underwrilers`............ North China Insurance ...... Tis

Union Insuranos

CLOSING QUOTATIONS,

JUNE 2D, ULD,

$1,125 buy. Hongkong Bank....

Do London...2131 nom. £20) nom. Chartered Bank Mercantile Bank A. & B......250 nem.

Do.,

......213 nom,

29 nom 0. Bank...... Arin Bank

33 2012. $540 buy. $1.90 nom.

1145 20" .....$995 bay. Yangtaze insurance.......$874 bay. Chins Fire Insurance .......$200 buy.. Hongkong Fire Insurance $585 bay. Dongla808 ..............8241 105. H.K., U. & A. Steamboats ...$200 buy. Hongkong Tuguesasera ..$21 now. Indo-Chinas (Frot). nom. (Def); venteranna..$46 nom. Shell Transportsver

2/- nom. Fames... ...8671 buy. Waterbata

...$16 nom China Bugars Malabon dagars Bengnets Kailan Mining Ad.. Lang kata (combined)

(ingle) Shanghas Explorations... Shanghai Lamas

I am only here to my a few wordt in proposing the first toast of the evening. My friend, the Chancellor of the Exche quer, is to welcome you on behalf of the Government, and to-morrow you ate to be received by his Majesty the King, but I could not lose this opportunity of as- anciating myself with the inauguration of so important an event, and, in ex- pressing once again the pleasure it has Do afforded me to meet so many distinguish ed visitors to this country, I ask you to rise and drink with me the health of the Sovereign and Presidents of the nations represented at this Commercial Confer ence. (Cheers.)

£5,000,000 FOR CHARITY.

A MULTI-MILLIONAIRE'S PHILANTHROPY.

WOOLWORTH'S. RIVAL Sebastian Kreage, the multi-millionaire rival of the Woolworth stores, added an- other link to the chain of the great American philanthropi organisations, such as the Rockefeller Foundation, the Carnegie Endowment, and the Sage and Guggenheim philanthropies, by setting aside £5,000,000, or about 25 per cent of his estimated fortade, for charitable and public welfare purposes. The first work of the Kresge Foundation will be

Tronoh Mines

Ural Caspians HIK. & K. Wharfs...... H.K. & W. Docks.... Hoagros............ New Enginneringā, Shanghai Dooks, HK.&B Hotels Kangkong Tande Belly Hongkung HK: Developments Kamphreys states. Prabo's Building...... ural Lands Hei.. Ewo.Cotton Orientals Bhangaa Coltons

Do.

H.K. Territoriala

A survey to determine the best channels China Busca ......

Do

*CHE */*****

UBEN CINEM

SUPER

TO-DAY TI SATURDAY

At 230,5 sharp, 7.15 and 9.30.

LOVELIER THAN WORDS CAN DESCRIBE

LILLIAN GISH

ROMOLA'

WITH

DOROTHY GISH

GEORGE ELIOTS IMMORTAL STORY OF THE MOST ROMANTIC PERIOD IN ITALIAN HISTORY, THE RENAISSANCE.

THE STAR

TO-DAY ONLY WILLIAM FOX

PRESENTA

TOM MIX

I

66

DICK

TURPIN"

The Story of a Gallant Highwayman and His Marvellous Mare, Black Bets.

...$24) buy, iz en.

...$34 nom.

...$14 bay.

T. 29 nom

„Tim. 121 buy.

Accidents!

WIR. ST KOEL

Tls, 7 nom. $6 none 55/- 10m

8/- nom $12 buy

$63 bay. Tis, 170 bay.

Als. Of buy, 6 sol. 106 bay.

"mon st***

11/13 an

5.70 bay.

26 ota, ach

$14 buy. 105 20

# sol. „Ile, 9,60 sek

Tls. 2.80 nom. (old)......la, 69 zon, (now)......Tis. 28 rom.

... 101 bay.

..$16 bay. (new).

$7.60 bay. Tactions....12/- sol.

of distribution in religious, educational, Hongkong Tramways.....$254 buy, 251,28 an. charitable, and welfare projects. The Peak Trains (id) gift takes the form of half a million Bhares in Kresge Common stock, and Singapore these shares will be used as security for.x4481 a bond issue in Wall Street of £2,000,000 AmusementsBali Dom.

Canton Loes one........... nom.

- unique piece of financing by a Cementa (combined), philanthropic organisation. The tritatoes, * whose names have not yet been announ-

and 10c.

(old)........$18 nom. Do, (now) $3 nom.

(DOW)

so bay.

મિ

Stuk buy, 70 sa $95 buy, 4 sol.

red, will have full discretion in the China Inghts (combined)1) boy., 22 cm. adminitration of the fund, once Mr Do. (old)..............$16 buy,

$121 buy. Kreega has approved the plan of cam c. paign. Mr. Kresge opened the fret Bc. China Providente

store in Detroit with a Constraction capital of £1,600 in 1897, and his com-Dairy Farmu, pany now has more than 300 stores sent Der A Wings tered over the United States. Last year Hongkong Klectrics. the stock had the distinction of being HK. Ropes (combined)

Macho Electries ne the highest-priced active issue traded on tho New York Stock Exchange Like many other American millionaires, Mr. Kresge, after making ample provision for

Mackintosh.umagu his family, decided to give away a large sinceres.................................. part of his fortune during his lifetime. United Asbestos He has been unusually generous to his Watsona (old) ́`*..................... busines associates, and, there are many Wm. Powells. men whose fortunes have grown with the

*bay-bayom; sel-sellers; £! business until they are now rated as "Kresge millionaires."

Do. (old). Do, (now) Kane Crawfords.....

$10 sel

$6 sel.

*89 nome ..$19mm.

120 nom. 318 buy. $7.sek

Always fresh and ready instantly Horlick's is pre-eminently suitable for those times and places when fresh nourishing food is so hard to procure."

HORLICK'S MALTED MILK

THE ORIGINAL

should be in every home,

It is an excellent food for babies, a most valuable aid in the sickroom, and it makes a sustaining and invigorating food for all. In4sizes of all Chemists & Stores

THE OCEAN ACCIDENT · AND GUARANTEE CORPORATION,

LIMITED.

Accidents T

Accidents I

$25,000.

A payment of $20

give you this cover.

Agents:

will

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Tel. C. 290,

024

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