1928-11-02 — Page 2

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2

JOHN HAIG & COL

Denny Kay & Long

MARKIMOH. T

BILD LASER

JOUEUR #COTCH WHIST

The Whisky of Quality

426

from the oldest distillers in the world

Haig

(THS FATHER OF ALLSCOTCH WHISKIN

SÖLE AGENTS :

GANDË, PRICE & CO., LTD.,

Gf"

HONG KONG.

The Food of Kings

Court Physicians know the best and see that Royal Babies have the best. That is why Glaxo has been used with success in 5 Royal Nurseries. Only the beat is good enough for your Baby, for is he not a King to you? Give him Glaxo, the food that contains everything that will build firm flesh, strong bone and a sound constitution.

Glaxo

The Vitamix Milk-Food

"Builds Bonnie Babies"

W. R. LOXLEY & CO.."SOLE AGENTS.

[183

Asahi Beer Invigorating & refreshing.

Sole Agents!----.

ASAHI"

MITSUI BUSSAN KAISHA LTD.

HONG KONG

THE HONG KONG DAILY PRESS,

FRIDAY, NOVEMBER 2nd, 1928.

Money and Markets

HONG KONG BUSINESS.

DEALINGS IN FOODSTUFFS:

L

COTTON AND WHEAT QUOTATIONS.

According to recent advices re Business done in Hong Kong onceived in Hong Kong, cotton is October 31st in rice, sugar, and quoted at Liverpool at 0.800. other foodstuffs included the follow. ing transactions?-

Crean seal white Siam rice, 113 bags at $7.77.

Double white lines white gluti. 'nous rice 600 bags at $1.52.

Greenish-white line broken gluti nous rice 300 bags at 85.96,

Red seal broken glutinous rice 112 bags at 80,00,

Green peacock white rice 100 bags a: I997,

"Grech seal No. 3 white rice seg bags at 87.83.

January and 10.47d. Biddling, spot. American cotton stands at 18.600. December; 18.58c, January: 18.58c. March, and 19.62c. May:

Chicago wheat is quoted at 81.15 per bushet December and $1.23) May. Liverpool quotes 9.01s, per 100 lbs. December and 9.028s. March. Portland 81.15 per bushel July Winnipeg 81.11 December. 81.171 Mar: Scattle 81.133 Decem- ber and $1.10 May, -

Red seal broken white rice 400AMERICAN COMMISSION TO baga at $6.91,

Hed seal No. 1 broken white rice! STUDY CHINESE FINANCE. 306 bags at $6.41.

Black seal No. 2 broken white rice

tin bags at $5.91.

#

No. 18 coarse powdered candy 1,000 bags at $7.00.

No, 90 coarse powdered candy 100, bags at 87.15.

No. 24 coarse powdered candy so bags at 87.83.

No. reparse powdered candy 200 bags at 87.59.

Java red sugar 5,002 bags at $8.33.

Rose liquor 300 jara at $40,00.- Euphoria longana flesh co boxes

at 838.00.

White-covered benas 100 bags at

$7.40.

New dark plums 30 boxes at 805.00.

Star aniseed 1,000 bags at 919.00. Common black beans 50 bags at $0.00.

OVERSEA MÄRKETS:

RECENT QUOTATIONS.

The following quotations were cabled on October 20rd:-

Sugar.

New York, Dec. 2.04 cents

New York, Mar. 2.08 cents

New York (Cuban)........82.5-32

PARTY TO SAIL FOR CHINA

EARLY NEXT YEAR.

New York, October 20th.

A telegram from Princeton, New Jersey, says that Dr. Edwin Kein- merer, an infernationally known financial adviser, who won the sobriquet "Money Doctor," for financial reorganization of various countries including Poland, South

Africa, Brazil, Colombia, Equador. Bolivia and Chile has announced his acceptance of an offer to head a commission which is to study China's mancial situation. sailing early in January next year.

The Keimmerer commission will endeavour to establish uniform Chi- Dese currency on a gold basis, and also establish the central bank of issue which will aid in the stabiliza tion of the Central Government's finances. It is understood that the work of reorganization of Chinese finances will require a foreign loan.

J

JAPAN'S SPINNING

INDUSTRY.

Java, Spot....13.7-16 guilders +1-16 OUTPUT OF YARN FALLS DES-

Java, Nov.....13.-16 guilders +1-18 Java, Jan, 13 guilders -1-16 London, Oct. ~.........128, 2Įd.

New York Raw Cotton. Crack Double Extra

Extra, Spot

Desember

January

+4

PITE INCREASED SPINDLE.

During September the spinning industry in Japan was somewhat in- active.

Sppt...85.38+.02

86.92 +.05 The statistics prepared by the 85.24.01Japan Spinners' Association indi- $3.24 +.03 cate that the number of companies 85.24.cr in operation for the month were 56, $3.2+.01 about the same as in the previous month. The spindles, active amount- ed to. 4,918,153, showing an increase 31.13 01

o 8,288 as compared with the pre- $1.213. +3

vious month. Though the active .81.14.01spindles were thus larger than in

Chicago Wheat,

April

May

December

May

Spot

Spot

January-March

Spot.

New York Rubber.

.184 cents 189 cents

London Rubber.

8. 15-10d.

·

+

the previous month, the output of cotton yarn fell by 117,368 kan, the 5gure being 9,953,963 kan.

These 30 companies consumed 11,420,515 kan of raw cotton, which was less by 87,570 kan than in the

January-March 034. +1.18 previous month. The consumption of coal during the month was 49,237,330 kan decreasing by 3,523.709. kan. The average cost of fuel was Y38.68 per 10.000 kin, or higher by 69 sen.

October January

· Wall Street.

Steel

Egyptian Eaw Cotton,

35.88 tellaris.36 36.46 tallaris +.50

...164 +31

Export Trade Inactive. Aniconda

The Japan Spinners' Association Shares dealt in ......4,000,000

further reports that Japan exported New York Raw Cotton,

1,848 bales of cotton yarn during. 20.00.02

the second ten days of October, .19.54.18 which was smaller by 428 bales than .19.81.

in the preceding ten days, and also .28.54

less by 728 bales than in the corres- 19.50-19 ponding period of last year. Parti- .19.45.19culars are: .19.32.19 To .12.31.91 Shanghai

Spot' December

Highest

Lowest

January

March

May

July

JAPANESE BUYING JAVA RUBBER.

SEQUEL TO CHINESE BOYCOTT.

Dairen

FINDLATER'S

OLD TOM

GIN

Doubly rectified--22 u.p.

FINDLATERS

TOM

OLD TO GIN

A Findlater 46

Old Tom

is the best Asperitif.

Stocked by the Principal

Hotels and Clubs.

Distributors-GILMAN & CO., LTD.

HONG KONG STOCK... · EXCHANGE.

CLOSING QUOTATIONS.

NovaMaza 1, 1928. A.L. Banks.......1,5-40 sel. Do., London...141. Chartered Banks £22 buy. Mercantile Banks, A. &B... £34 nom.

.....2143 mm." P.&O.

Banks East Asia Bank

Do..

...$771 bay.. Canton Insuracosi ..$675 selt. North Uhina in....ls. 16) buy. Onion Insurancra ...1389į kuy., 385 sel.

Tangtare Insurances......M. $50.nom. China Underwriters.......sel China Fire Lustrancas....3275 buy. Hong Kong Fire Ins.......300 sf. Douglases....................$38) 20m. H.K. SteamboatA

K. Tags$1.60 Indo-Chinas (Pref.)....$401 bup. 42 sai,

Do. (Def.)$724 buy.. Shall Transports ********

.110-mom. Waterboats 1231 bay. Benguets $2 buy. Kailan Mining Admin....71/ baj, Langkats (combined).....

31 Bom Do. (single) Th

bt nom. 11. 280 bay.

Tis. 3 buy.

84) boy.

4

Bales.

79

Tientsin ..

$8

S'ka Explorations

Newchwang

117

Shanghai

LOGD

35

Bauba

Hankow

25

Tronok Mines

.17,6 nord.

Antung

13

H.K. & K. Wharin.......

Other ports in China

155

H.K. & W. Docka

Hong Kong

99

China Providents

Dutch East Indies

109

Hougkaw

711.

New En

Engineerings

938

233

Ewo Cottons

India .....

Africa

Others

CANE AND BEET SUGAR.

"Shanghai Docks

Oriental Cottons

HK. & S. Hates

..$139. .$37 nom.

$5.90 buy. The 160 nom.

Tia. 5; buy.

100 bay.

bay,

Tis, 245 now.

It is reported that manufacturers of rubber goods in Japan have placed extensive orders 'in Java for raw material, as a result of inade

Skai. Cottons (old)...Tia. 56 ,57 BDM

·Do. quate supplies from Chinese in-

(now)......Th. 30 bay. terests in Singapore. The latter

$2.10 bag., 91 seem to have been influenced by

BOE, 9.15 3. 67 box. the anti-Japanese boycott.

News from Germany indicates HK Lands $67 Th This move

18 buy Shanghai Land on the part of the that the 1928-1929 European sugar- Japanese ought to be welcomed by beet acreage shows a decrease of Humphreys Estates. $15.70 nom. holders of stocks in Java, for until some 46,000 hectares. While Last HK. Beatles.......$9.85 tom. HK TramwayE .... $21.85 buy 22 recently the demand for rubber season's acreage Was 2,665,000 has been far exceeded by produc- hectares, that for this season, is but Peak Trams (old).......

se!., 21.8/22.10.

13 buy. 2,810,000.

Japanese interests have placed Star Tarries

(now)........30 20m.

bay.. MANCHESTER PIECEGOODS orders for sugar in Cuba to the ex- Olina Lights (cid)....... buy.

tent of 50,000 tons for December- March shipment. Part of this pur- chase is intended for Chins. British interests, on the other hand, have placed orders in Java för 200,000

tion.

MARKET.

STEADY GROWTH OF SHIPMENTS.

{DEITZEN WILEZE98 BERVICE.]

Ruaux, Oct. 31st. A Manchester message states that shipments of cotton and artificial silk and mixed piecegoods continue to expand.

tons.

LONDON STOCK MARKET,

BUOYANT TONE.

Bo.

Do. (now).... $13.30 nom. Do, (1928 Lima) ...$13.20 boy, HK. Electrics (old)

Do. (BBW) ..$50. Macao Electrics - ..............$202 buy. “ Telephonos ...ustim37} buy, tum rights"

Do. 35,30 Bel., 5,60 sax righta Do. right il bay. 8330 nom. Olis Brass plane

.

Bingpore Trustion...d2/

Da (Pre)... 19/3. China Bugars Malabon Bugarske bay. Uauton Icos

*********** 31 nom. Cements (combined) $9.80 200.

Do. (old)$8.30 som WOL (DEM) ......$1 bay.

For the first nine months of this The stock-market in London is year, the British exports of these reported in private messages re- goods totalled 78,975,687 square ceived in Hong Kong to have yards, of a value of 25,006,399. developed a more cheerful tone. H.K. Koper (old).........$7,60.com.

This represents an increase of Special interest, is being shown in

Đó

(DOW) 27,031,029 square yards, valued at wireless and cable companies, ship- United Asbestos £1,708,039, over the corresponding | ping, match, and artificial silk Dairy Farms period of Inat year.

shares. Indian and European re-Watsons British India continues to be the construction loans are strong, and ¦ Der & Wings ............... largest buyer, but Brasil has in Chinese and Japanese securities are Lane Crawforde..... creased her buying more than any "Tairly steady. Rubbert, however, Mackintosha.....

Sinceres I of the other countries..

are inactive.

, брадвизния

$7.65 ROKL

дем

323 nom. ..$14 bay.

$0.50

$3,05 buy. $20 now.

Parfumerie Rigaud

ETABLISSEMENTS RIGAUD,

PARIS.

"MARY GARDEN"

Perfumes

that sell themselves because the packing is attractive, the contents fascinating and the price amazing. Copioua selection with or without alcohol from stosk goods to scents for the Smart Set.

AGENTS:

“VICENTE ATIENZA &• CO. No. 54, NATHAN ROAD, KOWLOON. TEL. K. 155.

The Smoke That Satisfies

Don't worry

Im here!

BRITISH

"RADE

household.

222

THREE TWOS”

A Welcome Visitor

et any time in

"every Every

Bug, Fles, Eeetle, Moth, Fly, etc., dies once it has come into proper contact with

EXCHANGE RATES.

(BRITISH WIEZLESS SERVICE]

Paris

RUGBY, Oct. 31st..

124.15

New York Brussels Geneva... Amsterdam Milaa Berlin Stockholm

4.84%

34.89

25.20

12.094

92.59

90.35

1814

Copenhagen

18,19

Qalo......

10.10

Vienna

24455

Pragge

1831

Helsingfors.

1921

Madrid

20.076

Lisbon

107

378

Bucharest

802

$3.65 buy.

Ripe

5.29/32

Buenos Aires

47.15/15

Bombay

1/8.1/18

Yokohama

1/11

Shanghai

9/8

Hong Kong2/0

Bilver (apot)

201

Silver (forward)

20.13/18

KEATING'S

Wm. Powell........................... HK Amusementa$285, FLE, Constructions ......$14 buy.. R'que. Indus. G.$Bonds.651% bay. H.K. Gort Loans...... (5% prem, bay.

iz, faterest

buy-buyers; mel-mollers ; sa- gales;

Athens