1928-11-14 — Page 2

Page

Highland Hectar

Stod

from the Bons and the Glens

This Illustration depicts the attractive "Highland Rechar Decanter.

Welcaned and esteemed because of its exquisite delicacy of flavour and true Highland characteristics, no other whisky makes such a definite appeal to the palate as "Highland nectar". The quality is guaranteed and always rigourously maintained.

THE DISTILLERS AGENCY, LTD, ' DISTILLERS.EDINBURGH.

"Highland Nectar

Rare Old Scots Whisky

SOLE AGENTS:

GANDE, PRICE & CO., LTD.,

193)

HONG KONG.

TEL. C. 135.

COLGATE'S

CANNOT

RIBBON DENTAL CREAM

DELICIOUS

'ANTISEPTIC

ECONOMICAL

COLGATE'S

RIBBON DENTAL CREAM

OBTAINABLE AT ALL STORES

SOLE AGENTS:

HONG KONG TRADING CO., LTD,

蛟龍豈是池中物

"How is a dragon a thing,

to be kept in a pond

A dragon could not be kept hidden in

pond he would rise and sort and his might"

and majesty would be visible to all.

It is the same with HORLICK'S MALTRO

Mix: this delicious food and drink in one

is known to all for the vigour and strengu

it gives.

An excellent infants' food-an easily digested and nourishing invalid,, diet-foniicx's MALTED MILK rises above all others by rexson of its superior merit,

HORLICK'S MALTED MILK

SIZES

AT ALL CHEMISTS & GROCERS

Representative-Mr H. M. HODGES, P.O. Box 3711, Shanghai.

ми

Sole Agentst

THE HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 14th, 1928.

Money and Markets

ANHWEI PIECE- TRADE IN RUSSIA.

GOODS DEALERS

ON STRIKE.

SEQUEL TO ANTI-JAPANESE

BOYCOTT...

According to a report received from Anhwei yesterday; piece-gends

deniers there are on strike as a

IMPROVING GENERAL

CONDITIONS. .

In an interview with Press men in Tokyo, at the office of the U.S.S.R. a few days ago, Mr. P. V. Anikeeff, the U.S.S.R. trade commissioner in Japan, made the following statement >---

Having just come back from U.S.S.R. I am now happy to meet the representatives of the Press and will gladly share with you some of my impressions."

Protest against being refused per mission by the Nanking Government to handle Japanese piece goods,

The dealers, numbering over 1,000, called on the Chief of Police on November 11th and asked for police protection against the men- sures adopted by the pickets of the In our country constructive anti Japanese Boycott Society. work of high scale is going on. A

When assistance was refused, the large number of new buildings are. dealers decided to close their shops, erected in Moscow and other cities, and have refused to do any busi- many new works and factories are ness even in native cloths or piece-built and have already started goods of European origin In working, the construction of the sympathy with their action, the dye Turkestan - Siberis railway merchants have also suspended speedily pushing on, big work has business. The strike 'is expected to been accomplished for the construc- spread among dealers in other com-

tion of the Daiepr electro-station, modities. The merchants are deter- new works and new stations are mined to show the Government that planned. For this year the Gov- they will not tolerate any outside ernment proposes to allow for ex- interference with their lawful trade. tensive building over 2 billion

As a result of this strike, the dye rubles. and piece-goods markets in Shang- hai have been affected.

Athwei is a port on the Yangtsze between Nanking and Wuhu.

HONG KONG BUSINESS.

DEALINGS IN FOOD STUFFS.

Business done in Hong Kong on November 13th in rice, sugar, and other foodstuffs included the follow ing transactions:-

Luk Tan Tao white Siam rice 310 bagy at $7.2

Hung Tscuk Kad white long rice 330 bags at $7.09.

Red Fan white glutinous rice 300 bags at $7.16.

Blue Seat broke glutinous rice 243 bags at 86.38.

Wu Muk Kinng white rice 400 bags at 89.43.

Green Dragon big white rice 100 bags at $9.21.

Red Seat No. 3 White rice 220 bags at $6.57.

Blue Seal broken white rice 180 bags at $8.57.

Black Seal No. 1 powdered white rice 200 bags at 86.33,

Fine powdered candy 130 bags at 88.30.

No. 24 coarse powdered candy 300 bags at $7.45,

CANTON MARKET REPORTS. COTTON YARN.

November 12th.

Per Bale.

*975

No. 10 Sailing Vessel

Lotus Bees

Peacock....

No. 19 Foo Kwai

8265

8972

Yan Chung

8979

$28-1

Golden City

$285

Foo Hee

....8283

Pretty Damsel

8273

No. 20 Sheung Cheung

8330

Yan Chung

8320

Ng Fuk

$307

Po Yee

2316

Golden "City. Globe

$330

$328

2304

No. 10 Po Ting

Globe

No. 32 Pagoda

No. 42 Foon Hee

$300 $443 $456 Pine and Stag

8516 Variegated Butterfly... 2529 No. 6 Lion (1st grade) 2296 Lion (2nd grade) $106 JAPAN COAL INDUSTRY.. OWNERS TO CONTINUE · RESTRICTION,

Japanese coal producers will res. trict the output of coal to 27,200,000

is

All this requires an enormous outlay of human energy, of scienti fic and technical forces.. Many difficulties will be met on the way, but we hope to break through them, as we did in the past..

"During the first months after the harvest there were some hard. ships with the supply, owing to the untimely transport to the princi pal centres of grain, in spite of the fact, that in general the crops of this year are even a little higher than last year. These difficulties have arisen owing to the fact that we had a good harvest in places But situated far from railways.

at the time of my departure from Moscow these hardships were al most overcome, and the supply of the cities was nearing & normal state."

Soviet-Japanese Economic Relation.

"I profitted by my sojourn in U.S.S.R. not only for resting, but also for the information of our governmental, economie and social organizations about the economical state of Japan and our mutual trade relations. Ar Vladivostok, Habarovsk and at Moscow I made some reports, which were attended interest in by all who take an Japan in general, as well as by those who are connected with Japan by business relations. I am very glad to note the immense in terest shown on the part of these persons and organizations towards "Our conomic organiza- Japan. tions expressed the wish to extend the operations between the Trade Représentation and Japan still more, talked of their intention to increase their purchases from Japan aimultaneously with the in- creasing of Soviet exports into Japan.

"When speaking of the increase of purchases from Japan, they re- marked with regret, that upon a series of goods, and particularly of technical equipment. and trans- port, the conditions of purchase in Japan are not as favourable se in other countries. They all express ed the hope that Japanese business circles will agree to further ex- tension of credit and increase of

terms.

HONG KONG WOMEN'S GUILD

and

MINISTERING CHILDREN'S LEAGUE.

FUN

Ο

THE

FAIR

will be held.

at

LEE GARDENS

(by courtesy of the executors of the late Mr. LEE HYSAN)

OB

SATURDAY, NOVEMBER 17th.

EXTRA SPECIAL ATTRACTIONS THIS YEAR!

Four Military Bands, Side Shows, and Dancing. Chute, Coco-nut Shies, Aunt Sally, Shooting Gallery, Roll Bowl or Pitch, and Billiards Competitions.

Candy, Tea, Coffee, Ice Cream, Cigarettes,

and Mineral Water Stalls.

Raffles, Bran Tubs, Fish Pond, Lucky Dips, and all manner of Fancy Goods and Toy Stalls.

Roll Up Lasses !

TROUBLE ON TOKYO RICE EXCHANGE SETTLED. DIRECTOR TO RETIRE.

Roll Up Lads !

HONG KONG STOCK

EXCHANGE.

CLOSING QUOTATIONS,

NOVEMBER 13TH, 1925. The trouble on the Tokyo Rice Exchange, which was closed for E.K. Banks..... #1,320 baz, 1,335 sel

Du..

London...211 nom. some days in consequence of big Chartered Banks 2 buy. fluctuations and impossibility of

Do

....₤14 nom. Everyone was satisfied with the settlement, was settled on October Mercantile Backs, Á. *5...234 num. results. of the work of the Trade 31st, favourable to both buil and R. & O. Banks

bear operators. Unliquidated 270,500 Easy Anis Banke Representation of the past year, koku rice, held by Takagaki and Canton Insurances....1675 nom.

bay. which caused an increase of trans- fere at 80 per cent. in comparison other purveyors to the Guvern Union Insurance Then we had ment, was delivered. The sum of North China Ins. with the last year. 3 transfer of 18.4 mill. yen, and Y.188,000 has been received by the

Underwriters in the year 1927-28 our transfer sellera, with the aid of the Mitsu-gaze Insurances....... 30 nom.

bishi, Dai-ichi, Kawasaki, and China Fire Insurances....$275 buy. reached 30 million yen.'

Yamaguchi Banks.

Hong Kong Fire in.......$900 vet. This was

the highest record Douglases $38 20.

Steamboats volume of delivery ever conducted H.K

....$1.60 som. Hug on the Tokyo Rice Exchange.

Mr. Miura, chief director of the Indo-Chinas (Praf.)...... 12g buy.

Do (Del.) ......$72) bay. Tokyo Bice Exchange, tendered hie

tons next year, maintaining the pre-İ HAWAIIAN SUGAR OUTPUT. 'scut ratio of curtailment, 0.7 per

cent.

WILB-

The Japan Mine" Operators' As. sociation on October 31st called RECORD) FIGURES EXPECTED. resignation on October 31st after Shell Transports directors meeting, when it agreed to urge the mine-owners to continue the restriction for next year. An extraordinary meeting of the members of the association will be held in the middle of December when the final decision as to next's rear's restriction will be made.

According to the new rule for output reduction, no curtailment is

HONOLULU, Oct. 2nd. Hawaii's sugar output in 1928 will exceed 800,000 tons, the largest pro- duction in any one sensor in the history of the islands

Estimates from plantations where grinding is unfinished, coupled with

more to be made in the newly-opened actual output reports from others,

Drink

Asahi

Beer

it is

refreshing

and

invigorating.

MITSUI BUSSAN KAISHA LTD.

TUNG TUNG.

mines this year, but they should places the 1028 crop at 993,140 tons observe the restriction next year. as a minimum estimate.

Following are the tentative ratios of curtailment of each mine:--

Tons.

Member producers of Chi-

kubo Association 11,693,000 Member producers of Hok-

kaido Association .... 6,144,000 Member

producers Joban Association ...... Member producers of Ube

This estimate exceeds by 81,818 tons the "banner" output of Hawaii in 1027.

JO.

...$563 sol

180 baj.

jri,

JAPAN'S COTTON

INDUSTRY.

INCREASED NUMBER OF SPINDLES.

The number of spindles in Japan on September 1st was 6,114,032, showing a gain of 873,739 spindles on July 1st, 1928. The number of spindles on September, compared with that on July 1st, 1998, for lead- ing spinning mills follows

* Number

Gaini

Mills.

on Sept. "over July 1st, 1828. 1st, 1920, Dai Nippon Spin-

ning

702,089 30,595 Toyo Spinning ... 781,433 Godo Spinning 387,104 Fukushima Spin-

ning... 231,516

60,740

43,484

32,37%

Osaka Hosiery 1191. Boaz.

.91,124

22,800

Kinkws Spinning. 125,292 Kishiwada Sipin-

47,280

the completion of delivery, assuming Waterbosta subby bay. responsibility for the closure of the

Mining Acmin....75. nom. exchange. The directors of the Sun Me fun ba..... $2,30 buy-

Ta bi nom. Tokyo Rice Exchange will endea Langkat (combined..... Tis. Il nom vour to persuade him to withdraw 8'haz Explorations .... The, 2.83 bay, his resignation.

Lo... 11:3 Shanghai

401-bay. Tronoh MinDe

1 told H.K.K Windo...

138 Hom Dock K&W.

97 bo ນ China Providenta

Th. 156 nom. Hongkow

„T'is, 33 buy,

'1'is. 105 nom. Th. 124 buy. 124 12.15/20 a.

EXCHANGE RATES. [KRITISE WIRELESS SERVICE.)

RUODY, Nov. 12th. Paris New York, Brussels... Geneva Amsterdam Milan Berlin

Humphreys Estates......$15 sel B.K. Beatice. ...$81 QUE. HEK. Tramwaja . #91j sel. Folk Trams (Old)

ning:

ning 203,599 31,900 Wakayama Spin-

120,472 ,,30,800 Utsumi Spinning. 68,701 28,504 Izumo Spianing..... 88,448 33,552 Toyoda Spinsing. 57,424 23,344

Kikui Spinning.... 62,428 23,800 Nisshin Spinning.. 388,728 93,144

China Buses.......Tia. Il buy, Bingapors Trathons......17/- num,

Do. (Pref.)...18/3 bay, 19/3 sol. China Sugars $ Malabon Sugar .............

...... 1221 buy. Canton Ices

..$3) nom.

Comenta (combined)......80.80 mel.-

((old) ...........#8} nom.

Do. (DAW)...$1.60501.

(new)

United Asbestos

124.10

4:34.13/16

34,80

25.20

Now Engineerings Bhanghai Docks Evo Cotias

12.074

02.55

Oriental Cottoni

T2.30 bay.

as

Estimates and actual production figures of plantation agencies are

follows:

20.36

Stockholm

18.14

Copenhagen

18.19

B'hai. Cottons (old) ...Th. ¿i bay.

Down(#). Tl. 33 buy.. B.K. &B, Hotel...$8.95 buy., 9.05 sel.

:-

Tons.

Oslo ....

18.19

ELK. Lande

2,288,000

American Factors......

200,000

Vienna

34.49

Shanghai Landa. Ila 138 buy.

BOLL

Do.

C. Brewer & Co.

217,031

Prague

1034

поль

Association

1,400,000

Alexander & Baldwin

180,847

Helsingfors

1924.

com,

Member

producers Kasuya Association....... Member producers of Saga

of

Castle & Cooke

115.566

Madrid

30.075

706,000

T. II Davies có con n

72,500

Lisbon

107

F. A. Schaefer & Co...

21,000

Athens

375

Star Forrise

Waterhouse Trust Co....

16,024

Bucharest

805

Cisina

2,091,000

J. M. Dowsett

5,000

Bio

399,000

F. L. Waldron, Ltd

4,500

Buenos Aires

709,000

Hawaiian Pineapple Co.....

161

Bombay

315,000

Yokohama

111,000

Total

893,149

Shanghai ...

5.59/64 47.15/32 Holiday 3/11.1/32 2/74

Kong Kong

Holiday

..$7,200,000

More than half the plantations have finished grinding.

Silver (spot)

Silver (forward)

20.13/10

Prefectural Association 1,267,000

Mitke Mines .......

Matsushima Mining Co....

Saikido Mines ..... Takashima Mines Matsuura Miner

Total.

38.30. $13 bay.

...187) nam, Laghia (old).........$18.40 sel. Do. (NEW) $13.30 vol 10. (1999 Ikeno)...$1.20 al. B.K. Electrics (Old) ......352 buy,

Do. (NEW)***350) Day. Electrics $18 boy. Hacao Telephones $7.30 bay, cum rights 35.65 Bom, x righta

Do.

· Do. rights

$3 bay.

Dairy Farma...$22.90 bay, 28 sal Watsons

...$14 **1** Der A. Wings 10.70 buy. Lane Crawforde........ 13.0% pom Mackintoabs 20 Binceres

..894 bay:

W Powells.......... 38.65 bay: I.K. · Amusements #29) #ol H.K. Gonsteachine......14 buy. Hque Indus G Bonds...86% buy H.E. Gost Loans.% prom. nom. baybayern; sel-sellers; KA--BRION;"