1926-09-02 — Page 3

Page

SPECIFY ̧'

S. K. F.

BALL

BEARINGS:

ON ALL MACHINES YOU ORDER"

We can supply Bearings for all kinds of Machines,

POWER SAVING, NO HOT BEARINGS.

SELF ALIGNING. REQUIRE LESS ATTENTION,

THE HONGKONG DAILY PRESS, THURSDAY, SEPTEMBER 2ND 1926

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tei. Central 286

SOLE AGENTS FOR HONGKONG.

Address : 3, Queen's Buildings,

ANCHOR BRAND PURE MANILA · ROPE.

"THE CORDAGE “YOU CAN TRUST."

MARINE ROPE

“WEANSMISSION

OF POWER ROPE'

CABLE LAID.

RAWSERS

WELL DRILLING CABLES

ESTABLISHED 1854

YN

CHAUSTI

ROPE

FACTORY

MANILA

BUPES OF ALL SIZES FOR ALL »

PURPOSES

MADE FROM PURE MANILA HEMP

MANUFACTURED

BY THE MOST MODEEN MACHINERY.

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED,

HONGKONG OFFICE:

FACTORIES—MANILA, P.T.

KING'S RUILDING. TELEPHONE CENTRAL $155.

CAFE

A.P.B.

RESTAURANT

PARISIEN.

"The Rendezvous of the Elite."

THIS WEEK'S PROGRAMME:

THURSDAY

MUSICAL. TIFFIN-12 p.2.

SPECIAL (Chicken Pie). TEA DANSANT-5.7 p.m.

$1.25 per cop

DINNER DANSANT-9-12 midnight. $1.50 per cover.

FRIDAY

MUSICAL TIFFIN--12 p.m. 81.25 per cover.

SPECIAL (Choucroute Garnie).

TEA DANSANT-5-7 p.m.

DINNER DANSANT 8-12 midnight.

$1.50 per cover.

SATURDAY

MUSICAL TIFFIN-1-2 p.m.

SPECIAL-(Bouillabaisse)

TEA DANSANT-5-7 pm.

$1.25 per cover.

CARNIVAL NIGHT

SPECIAL DINNER-$3 PËR COVER

NOVELTIES.

KINDLY RESERVE TABLES IMMEDIATELY.

..

NOTE--The Cafe and Lounge are Open Daily From 8 a.m. to Midnight,

ON, MALE,

DOUND VOLUMES of the HONGKONG

BWEEKLY PRESS, July to December

1925) DOMI

.A

With invex. Price-$7,50,

On sale of the Hongkong Daly Preis Offles

(128

TER MAN FRENGZ KIMIDY

SHANGHAI'S TRADE IN "1925.

"SILK BUSINESS "BORROWED "

FROM CANTON.

COMMISSIONER OF CUSTOMS REPORT.

In an interesting review of the trade of Shanghai during 1993 tas Commis. sioner of Customs, Mr. F. W. Maie writes:-

SAIGON RICE MARKET.

SLIGHTLY WEAKER TENDENCY.

The Compagnie de Commerce at de Navigation d'Extreme-Orient in their market report dated August 95th, state:

Prices ruling on our market must bave been still firmer since our last mail but the tendency is a little weak these Inst few days."

The rise of paddy keeps steady and the arrivals in Cholon cannot meet the requirements of the millers although business is very quida. **

European markets seem to be more in- terested and a few sales have been booked with England and France.

The total amount of rice exported from January 1st to August 15th, 1998, is 938,913,530 tons against 1,044,447,777 în 1928.

The long train of misfortunes which beset trade throughout 1993 prepared

There is no important enquiry to re- every one of a larger decrease in revenue than was actually revealed. With busi-port from Japan or from Shanghai or Manila. The Java market alone keeps a ness pearly at a complete standstill for certain activity, especially for brokens, more than a month in the summer, active but the fluctuations of silver are an hind. warfare near Shanghai ca two separate rance to business. occasions during the year, the main arteries of China's land trade in the hands of the military for weeks at a time, And with fresh stories of strikes and industrial unrest to be heard every day, it seemed that the revenue collection of Shanghai, if not indeed of all China, must fall lower than any recorded during | We quote to-day white "Saigon rice the last half decade. The result which No. 1 brokens round grain-Hong- the Customis figures actually show, how kong $7.65, per picul of 134 lbs. fo.b. ever, came as a decided surprise. The Saigon: 20.14/1, per ewt. f.o.b. Saigon; collection had not dropped by more than yen 8.00, per picul of 134 lb. fo.b. 6 per cent. below that of 1924, the highest Saigon. White Saigon rice No. 2 sifted, ever recorded, and, what is still more Japan quality:-Hongkong 87.30. per astonishing, the gross value of the trade picul of 134 lbs. fo.b. Saigon; £0.13/5, of the port proved to be but 2 million per cwt. fo.b. Saigon, yen 8.20, per tuels less than that of the preceding year, picul of 131 lbs. fo.b. Saigon. For thanks to the two raw commodities of August/September shipment. silk and cotton which dominated the trade of the year, the one in exports and the other in imports. But for them, the total value of goods shipped to and from Shanghai would have been much less.

Foreign Goods,

Statistics of trade in foreign goods proved to be very much as had been anti- cipated. Foreign imports dropped by more than 30 million taels in value, a decrease that would have been greater still but for remarkable advances of three particular items. Haw cotton was the outstanding feature of the three; the lower cost of supplies from India and Amerien caused merchants to buy ex- tensively from abroad in preference to native cotton, which was high priced and of inferior quality, and importations touched a record figure. The other two, sugar and coal, owed their success to speculation rather than to a keener de mand. I nearly every other class of goods the slump was very marked, and no fewer than five separate headings among the various returns summaries record decreases of over 10 million taels. In some cases this was partly dug to a targe fall in value, and in others, the heavy stocks carried over from the pre vious year were the principal cause; but the general underlying reason was the depressed state of trade. This fact is borne out by the figures for re-exporta, which were of the lowest value recorded since 1920, although stocks up country, even at the beginning of the year, were said to be wellaigh exhausted.

"

The Silk Trade,

QUEEN'S THEATRE.

SPORTING PICTURE TO-DAY.

To-day there is another complete change in the picture programme at the Queen's Theatre.

The big attraction on the bill is an

unusual story of the race track, "Kings of the Turf," presented by William Fox. and starring Henry B. Walthall and Gertrude Astor. As we have previously mentioned, this picture is a capital story and should appeal strongly to all lovers of the "sport of kings." It is a story which is developed in a different manner from the usual style of these class of Fictures. Ia fact the production stands apart in a class by itself. There will be other pictures of interest on the bill, but it should be demembered that the

movies will only be on at 2.30, 5.15 and 7.13, the usual later performance being taken up by the Denishaw

are appearing at the Dancers, who Queen's Theatre until Saturday evening. Kings of the Turf" will be shown from to-day until Saturday inclusive at the times mentioned.

HONGKONG STOCK EXCHANGE.

CLOSING, QUOTATIONS.

Bangrong Baak

London...

The figures for native produce occa-

Don sioned some surprise. Under every head-Chartered Bank.....

to Shanghai for disposal, and the move ments of this cargo accounted for the un- usually high figures to be found under imports and re-exports. The remainder, or an advance of Hk. Tla, 92,000,000 (which is included under exports of local crigin and served to avert a heavy de- crease under that heading), was due to the progress made by Shanghai's own silk business and is one of the few real causes for satisfaction to be found in the his- tory of the year.

Lancashire Piece-goods.

plorations.

SEPTEMBER 187, 1930.

($1,095 bay, 1,100 del., 1,090 .

£21 buy.

......£13) num.

291 bay.

$625

Si no

NIE. 145 non $225 nom. Max. $35 buy.

...90% buy.

$64 zel

$15 Dom. $29 sel

$36 nom.

1 nom

40/- nom. .Th. 23 bur.

fls. 12) nom.

1. & sel. Tu: ? noth $41 nama.

74/- buy,

.8/. nom..

$118 sel

..$584 sel., 81 as.

Tla. 176 buy...

Tle. 6.10 buy.

ing except one, exports of Chinese goods Mercantile Bank, A. & B......£50) nom.

Do., to native ports, substantial increases are recorded, amounting together to a gain P. & 0. Bank nearly sufficient to make up for the loss East Ana Bank under foreign imports. Unhappily, Canton Insurance.... general healtby trading "cannot be given China Underwriters as the reason, and to show how far this North Chma Insurance

Union Insurance..................... satisfactory result is, dependent ou' one item alone, it is interesting to note that, Yangtze lusuranse if the total increase in silk and silk pro. China Fire Insurance $200 buy. ducts were deducted, the gross value. of Hongkong Fire Lasurance ...$620 noin. Douglases.............................125 bay.. the trade of the port would be only: HK., O. & M. Steamboats...8201 nom. little higher than in 1923. This total in- Hongkong Tugs................... nom. crease amounted to 62 million taels, busIndo-Chinna (Prof.)........., $30 nom two-thirds of it has to be attributed to Da. (Def), ...$42 buy. what may be called borrowed trade; the Shell Transports shipping strike and boycott compelled Star Fernes......... Canton silk firms to bring their goods Waterbçata....

Chins Sugars Malabon Bugars Benguete... Kalau Mining A... Langkat (combined)

(single)

gbai Loans Bauls ****** Tronoh lines Ural Laspians

K&K Wharts. H.K. & W. Docks Hongngineringe.. Now On looking at the trade of the year as Shanghai Doaks. experienced by merchants, in the sense HK. Hotels...... of business, signs are not wanting that Hongkong.

Lands.******* development will be rapid once China Hongkong Realtys (f.p.) ..............374 nom.

Tergitorials ... is granted some respite from her dis-K

..$13.00 sel. orders. Many classes of goods, such as Humphreys Katates....... metals and woollens, which had large Prince's Buildings.......... decreases to show in the Customs figures, ural Lands reported sounder business than during Ewp Cottons ........... previous years, although the demand from Orientals troubled areas was necessarily restrict. ed. It is perhaps not too much to claim that the many obstacles in the way of easy trading have tended towards placing commerce upon a sounder basis, as there is less inducement for new competitors to enter the already overcrowded market. Ta..... Furthermore, the countless petty com- Aqsements panies with small capital and less ex- Canton cas perience, which have sprang up of recent Clients (cambused) years, may eventually be eliminated, being seldom able to tide over times off. depression; and it is these small coba-China Tughts (combined: 19 nom.

(uld) panies which do general trade interests

" Do.

(new) so much damage by flooding the market

Providents (Old)..... with supplies utterly regardless of re- China quirements. The case with cotton piece Constractions goods is somewhat different; the old Dairy Farms... supremacy maintained for so long by Day A Wings

Hongbang hectrics Lancashire factories is less noticeable, Macdo Electrics and importers of European goods are H.K. Bopes (combined) faced with the keenest competition from

Shanghai Cotton (old)

Da.

China Ensor

(new)..

Hongkong Tramways...

Do.

rains (old)......

(new).... Singapore Tractions

a

Tis 113 buy $10 bel $50 nom.

35 Bei

9 sel

bay

*

M. 94 nom. Tls. 24 bay.

The 63 buy. 1is. 27 bay.

Tis. 101 nom.

823 DE "

QUEEN'S THEATRE.

TO-NIGHT At 9.30 p.m..

RUTH St.

A STROK

PRESENTS

DENIS, TED SHAWN

AND THE

DENISHAWN : DANCERS

ING

A COMPLETE CHANGE of proGRAMME. BOOKING AT THE THEATRE.

TO-DAY till SATURDAY. At 2.30, 5.15 & 7.15 p.m. HENRY B. WALTHALL «& GERTRUDE ASTOR

IN

THE EXCITING RACING MELODRAMA KING OF THE TURF.

FUNERAL OF Mr. HO FOOK.

WORLD

TO-DAY

ONLY.

GARETH HUGHES

I

IN

CAN EXPLAIN.

STAR

RICHARD

CONTINUOUS

5.30 to 11.15 p.m.

BARTHELMESS

IN

FURY

A. THRILLING DRAMA OF THE SEA.

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

12, PEDDER STREET.

TELEPHONE 1630.

"CRESCENT FERTILISERS"

•

FOR

VEGETABLES, FLOWERS, LAWNS, etc.

Specially prepared to meet Local Soil Requirements

'AT30.

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

AND

"CRESCENT" BONE FLOUR

(Analysing 60 per cent. "phosphate.) ON SALE AT

$15į nom. $7.60 доп ...12/-bay.

..33 sel ...$102 bay,"

73 BOM. Do. (öldil.nom. (new)$1 nom.

Messrs. GRACA & Co.,

THE SUN Co., Ltd.,

THE WING "ON

Co.,

Ltd.

[L.P.R.]

$13t nom 10 buy.

5.30 not

nom.

It

sol.

...162) mom.

EXCHANGE RATES.

Shanghai Yokohama

2/04

/1/111

[BRITISH WIZZLESS SERVICE]"

New York

4.851

$35,0

Geneva

25.42)*

fi

128 Bel.

$10 201

RCOBY, August 31st.

(now)

..35 BOL

Paris

1847

Milan Stockholm

148

18.14

174

Oslo

..49 now.

12111

Prague

22.143 *1634

2

$194 nom

20.71.

Madrid.

292003

8

Japanese goods of the same class con- United Asbestos tinue to grow in popularity, while for Watsons (old)

18.26

Ric

7.19/32

...$20 nom

$134 nom

34.2014

Bombay

1/8 W

46) num.

1921

Hongkong

2/21

Lay.mebuyers; selerazion

217/38

Silver (spot)

294

holiday

Silver (forward)

994

THERAPION No. 1 THERAPION No. THERAPION NO

Ho, I for Bladder Calorrh. Es. s for Nicod à za

- Dietabel Ko. 1 for Olmazie WAKIMIM, TOLIKT

GRANCES COCHEMANA, PRACE DE BARGAIN, BL DA IN CUM,

Was Do Haramooks Bd. M.WE, Londen, on

MAS 2900 10, MASELLY BY Xaw Tomi Oulu ON SA

all sides more and more native cloth of

A fald)

cheaper qualities is being manufactured Lane Crawfords.. and exported abroad as

well as to Mackintosha........

distributing centres up country, and more

the finer quality cloths, woollen and Wm. Powells............ artificial silk products bave entered the i

Beld as serious rivals.

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