1926-07-01 — Page 3

Page

S BAL

SPECIFY

K. F BEARINGS

ON ALL MACHINES YOU ORDER

We can supply Bearings for all kinds of Machinos, POWER SAVING. NO HOT BEARINGS. « SELF ALIGNING.

REQUIRE LESS ATTENTION.

•

THE UNITED ASBESTOS ORIENTAL · AGENCY, LTD.

Tel Central. 236

BOLE AGENTS FOR HONGKONG.

Address: 2, Queen's Buildingwo

89

BRAND

ROPE.

ANCHOR

PURE MANILA

THE CORDAGE YOU CAN TRUST"

MABINE ROPA

TRANSMISSIÓN.

OF POWER EOPE

CABLE, LAID

HAWSERS

WELL DRILLING

CABLES.

ESTABLISHED 1854

YNCHAUST

ROPE

FACTORY

MANILA

THE HONGKONG DAILY PRESS, THURSDAY, JULY

BUPES OF ALL SIZES FOR ALL PURPOSES

MADE FROM PURE MANILA HEMP

MANUFACTURED

BY THE MOST MODERN MACHINERY,

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED

INT, 1926

CHECKING SPEEDING IN NEW YORK.

ANNOUNCED, "

RUBBER POSITION.

Messrs. Carroll Bros, share and

data regarding the rubber position in the Straits Settlement. They state:-

At the beginning of the May-July Dr. Louis I. Harris, Health Commis- quarter, the rubber world was somewhat stoner for the City of New-York, has just startled and, we think in the case of announced two novel undertakings plan British plantors; agreeable surprised at ned by his department in an attempt to the official announcement that, if on a reduce reckless driving by motorists in 100 per cent. production during the pre- the city. Drivers habitually convicted of seat quarter the price of rubber does recklessness will be forced to undergo |not average 1/9 per lb., the 100 per cent. sanity tests, in an effort to determine export allowance will, as from August whether their offences were due to mere 1st, be reduced by 20 per cent, ie, to callousness to the sacredness of human So per cent.

life or to their suffering from an in- This is generally regarded as an inferiority complex which prevente" acting dication of the intended. Government promptly in an emergency.” policy to maintain a price of 1/9 and The other scheme, which it is hoped will by so doing, of protecting the industry. check reckless motorists, is the erection at pivotal points of monuments to child- The figure is considered an economic on ren who have been killed in motor acci- which, while on the one hand by no dents. On the monuments. Dr. Harris means prohibitive to the manufacturer,' says, will be posted weekly records of deaths in each locality so that the trage will ensure to the producer a satisfactory dies of reckless driving will be" dramat return on the capital invested in bis ised" and brought home, to motorists.

plantation. This policy has entirely changed the outlook for the Planting, Industry, the resulting position being that on a 100 per cent. production a price of 1/9 must either be maintained or a reduction of supplies created until this average is reached, and it precludes the possibility and danger of a big sur plus og supply. Thus, holders of rubber, shares can look to a 1/9 basis, on which there are very few estates in Singapore which will not earn handsome returns. Since the declaration of the policy the market has shown.great confidence and prices of shares, the lower commodity prices not withstanding, have appre- ciably advanced. The position is lus

rpated by the following table:-

Date 27.11.25 11.12.25 23.3:26 16.6.20 Sterling

1/10 1/7 1771

60c. 1.520 75c. Buyers. 84.10-84.00-$2.80 $3.45

Kuantans 1.80 1.78 1:87 2.00 Kedahs

5.10 5.05 -4.45 * 4.60 4.80 3.75 3.80 Kuala Sidims. 4.60 Pajams 17.50 17.00 14.00 18.50 Sungei Tukings .90 87-07 671 Ulu Benuts... 1.10 1.00

price 4/0 Singapore

price 1.77

Company.

FACTORIES-MANILA, ET

HONGKONG OFFICE:

KING'S BUILDING TELEPHONE CENTRAL 8165.

Allenbya

A.P.B.

Jeram

REINFORCED OK PLAIN

un

CENTRIFUGAL

CONCRETE PIPES.

SPUN CEMENT PIPES OF AN IMPROVED TYPE MADE LOCALLY ~ BY PATENT PROCESS.

Detailed price lists now ready.. Write or 'phone and

will our representative-w I call upon you.

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

THE SMOKE

NUISANCE

AT HOME.

The House of Commons passes the Smoke Abatement Bill to restrict the emission of

Smoke from Chimneys.

THE SMOKE

NUISANCE

IN HONGKONG

80

The above shothat a decline in the price of sharesh not proportionately followed the fat the commodity from "peak prices and that, while rubber during the last three weeks has dropped 1d., prices of sound shares are 10 to 20% higher, the exception being the speculative counters, which have been practically neglected, thus proving the genuine investment demand existing at Present to the almost entire elimination of the speculation which was very pro minent a few months back.

IN THE ACADEMY AT 18.

FAMILY OF YOUNG ARTISTS.

"I raise my hat to the success of his talent, so full of promise," wrote 31. Henry Voison, a Parisian art critic, of Stuart Scott Somerville, aged 18, of Ashford, Middlesex, who has had two pictures accepted for the coming Royal Academy exhibition. Young Somerville has never attended an art school, but has received all his instruction from his father, Mr. Charles Somerville. In the Old Ford Farm at Ashford, portions of which were built nearly 500 years age, and in which the Somerville family live, the boy has his studio. "Three years ago," he said yesterday, "I won the Silver Star of the Royal Drawing Society at the Guildhall. Last year had a still life accepted by the Royal Academy and also exhibited at Liverpool, Huddersfeld, Derby, and at the Royal Institute, Piccadilly." "There are seven children in the Somer- ville family, and they are all artists. The youngesta-girl-of-seven, shows. wonderful talent..

17

In 1923, six of the children exhibited at the Royal Drawing Society and all were mentioned, five being placed in the Srst class.

HONGKONG STOCK EXCHANGE

CLOSING QUOTATIONS.

JUST 30TIL, 1920. Bangkong Bank1,125.buy.-1,150 sel & sa DE. London191 nom Chartered Bank20 bay, Mercantile Bank, A. & B250 mơm,

D.

O....Lig num p&.0. Bank

Donglases.

18610 bay. 31.80 nom. WN1,145 ponAL.

3935 nom.

7 bay. $200-bay.

The above prices indicate that operators Canton Insurance ******** are realising the true value of rubber China Underwriters...... shares and that such realisation has North Uban Inumace created a strong, sound and entirely Umon Insurance justified buying movement for shares, -at--Yangtze insurance their present prices, inusi return a hand-On Fire Lisurance some yield and, while the pivoted price-Hongkong Fire fasdrazce. Sot buy is a safeguard against any serious de cline, the rubber shortage, which is like ly to eventuate later, points to the possibility, not to say probability, of a not inconsiderable capital-appreciation. We append figures showing the position of three, estates (Allenby, Bukit Kepong and Pajma) as representative examples of existing potentialities which are, of course, subject-to-variations according- to the price realised, and which, we have in every instance estimated at 70 cts. or about 1/0 per lb.

ALLENBYS.

Capital paid up $390,000 in shares of. 81. Area planted, 1,233acres (in bearing)- Export 100% 427,000 lbs.

H, U. & M.:teamboats...$45g/47 sa Hougkang Taga.......................2+ com Indo-Chinas (Fred) Sau nom

(Let), Shell Fransporta Star Ferres..... Waterboats, Chine Sugars

| Malabon_

Bengue

Bugara

Kalan Mining A... Langkats (combined) Da (ringle) ... Shanghai Explorations. Bhanghai Loan...oecdie

Tranol Mizes

ILK & K Wheris

Ural Caspiane

28,880 sold at 80c.-$18,128......

63,760

17

3.05.

56,448

53,760

20,890

861 1.00

35,500

B.K. & W. Docks Hongkows...

20,560

>

New Engineerings, Shanghai Dooks,

FK Hotels ..........

“TUÎ,280:

-Balance 265,720 estd. at 70c.

-188,000

427,000 Less cost estimated at 30c...

$320,956

128,100

Proft: $192,853

Cross return 14 per cent. on to-day quotation.com

BUKIT KIPONGS,

Capital paid up $280,000 in shares of 2. Area planted 695, acres (in bearing). Export 100% 252,500 lbs.

Tbs.

67,000 sold at .78c-862,700 18,800 81.40

Houghing Leads

Hongkong Realtys H&K Territoriali. H.K. Developments Humphreys Estates, Prince's Building...... Eural Lands Ewa Cottona.

Orientals o

„3051 buy., 68) sol.

16 nom

4247 bay, 25 8.

334 nom.

41 BAL

41- nom Tis. 23 sel. Tia. 12h buy, „Min. 54 nome Tis. 7 nom. 135 sel,

63- nom 8/- nom

$541 buy. 11. 170 buy," -115, 64-bay.

11. 146 bày. $10 bay. 300 bar.

16. до.. Listin; ota. sal. Malaj bay,

11, 94 bal, 91/9 15. 2.70, Be..

Shangan Cotton (old) 1vo mome

Do.

China Beson

Hongkong Tramways

Peak Train (oid)

Do Singapore Tractions

AUBEN'

SUPER 7

TO-DAY THI SATURDAY. At 2.50, 5.15, 7.15 and 9.15

THE FUNNIEST COMEDY

SINCE

“POTASH AND PERLMUTTER”

CARL LAEMMLE

PRESENTS

GEORGE SIDNŁY, CHARLES MURRAY and VERA GORDON In

THE COHENS AND

THE KELLYS.

THE STAR

TO-DAY TELL SATURDAY, AT 5.30 & 9.15.

ERNEST TORRANCE

THE FIGHTING COWARD.

է.

THE HONGKONG ILLUSTRATED WEEKLY.

Copiously Illustrated Sunday Paper,

in English and Chinese,

will appear on SUNDAY NEXT.

Price:-10 cents per copy; $5 per annum.

All who wish well to the increasing spirit

of

should subscribe to this

CL Co-operation between Foreigners and

paper.

When you have read the English section, hand the paper to your Chinese Staff. Cheung Chow subscribers can have their copies delivered at their Bungalows atɔ on Sunday mornin

[AP.B]

For a non-drying free-lathering Shaving Soap

COLGATES

Clean-tasting and efficacious

Ribbon Dental Cream

Sole Agents

HONGKONG TRADING CO.

13609

LTD.

[A.P.D.

BRUNNER, MOND & CO. (CHINA), LTD.

Tla, 103 buy,

$10 bay, 24 8.

12, PEDDER STREET.

$16 buy.

1.37,50 nom.

sel

ELEPHONE 1630

$194 nom,

"CRESCENT FERTILISERS"

FOR

VEGETABLES, FLOWERS, LAWNS, etc.

Specially prepared to meet Local Soil Requirements

ALSO

“CRESCENT" NEUTRAL SULPHATE OF AMMONIA Analysing 25.75 per cent ammonia)

AND

"GRESCENT" BONE FLOUR (Analysing 60 per cent, phosphate)

ON SALE AT

Messrs. GRACA & Co. THE SUN Co Ltd THE WING ON Co. Ltd.

Bill and

estricted without a voluntary⠀⠀ ̈co-operation only.

INSTALL AND USE GAS.

Reduce your bills for fuel, and Help keep the atmosphere clean.

FAJAMB.

Capital paid up $1,114,000 in share of 85 Area planted 2,047 acres (in-bearings) Export 100% 1,078,000 lbs.

23,500

$4,000

-Amusements .....

Canton icus

500 estid. at 70%.

**2$2,500°

117,960

$104,150 575,500 Less cost estimated at 30c

Profit $115,550 Gross return 14 per cent. on to-day's quotation...

Ustients (combined)

Do Do.

512) mom.

33 rom..

lbs

67,900

131,100

1.08

15,938 141,120

China Lights (combined)

$ nom. (old)..... Do (new) siz buy. China Providente..... ..$5.00/-10 m. Conštrnotions kiten

#et nom. Dairy Farms

“Şiət nom? Der Wing Hongkong Electrics Macao Electrict: HK. Ropes (combined) Dax (old) (DOW)

07 buy,, 623 moŁy

07/07) m

DON

sel

JU BOL

Lane Crawford

пор

Mackintos

403,200

$206,472

$1! nom.

Balance 874,800 less estd. 70, c. 323,400

United Asbe

$20 nom.

Watugum (old)

19 nom,"

Tel C 4704 Tel C 47.

V towells

Profit-8583:072

Luy

Grosa return 18.

Gas-using appliances for all purposes, demonstrations and fall particulars at the

HONGKONG & CHINA GAS Co.

Showrooms:-18, Des Voeux Road Central,

West Point.

67,200 sold at $1.22- $81,094 124,400

1,05 125,072, 1.13