1928-11-19 — Page 3

Page

The Vanity Kodak.

The Season's most acceptable gift.

The Kodak, long established "as among supreme

cameras, now comes in a new and fascina-" ting form.

Each Vanity Kodak includes a "beautifully lined carrying case, giving a choice of five different colours.

The Vanity Kodak

can be seen at the Pharmacy or at

EASTMAN KODAK CO.

67, Des Vœux Road Central.

[A.P.3.16]

The Choice of the

Connoisseur

CHAMPAGNE

PERRIER-JOUËT

Maison fondée en 1811

EPERNAY

FOURNISSEUR DE LA COUR D'ANGLETERRE DEPUIS PLUS DE CENT ANS

This Famous Champagne

is obtainable in

Quart, Pint and Baby sizes.

Sole Agents:

T. E. GRIFFITH, LTD.

6, Queen's Road Central.

Tel. C. 3517.

THE HONG KONG DAILY PRESS, MONDAY, NOVEMBER 19th, 1928.

JACOBS

HONG KONG SHARE MARKET.

A QUIET WEEK.

HONG KONG IMPORTS.

́MARKETS QUIET-ALL ROUND.

MESSRS. BENJAMIN & POTTS and Market Report issued on

REPORT.

Messrs. Benjamin & Potts send- ua the follow review of the

the Joen share market: --

Business during the past week has been interrupted by a Baak holiday, and the market has been generally quiet, with no outstand- ing features of importance.

The Fortnightly Price Current

Saturday by the Hong General Chamber of Commerce

states

Kong

COTTON PIEC'S GOODS AND FANCY COTTON Goods-Some business bas been done in White Shirtings, with Manchester prices a little easier than they were a few weeks ago, Market values for British goods remain fairly steady, but Japanese cloths have weakened still further in face of the continuance of the boycott..

In Shanghai, Cotton shares have been active and prices mark a material advance over last

week's quotations:

Hong Kong and Shanghai Banks Nothing to report; market very are unchanged in London. atquiet. Cotton, after deckning £141 (Middle) and are in de slightly, has now taken an upward mand locally at $1,325 at tread with Manchester prices much which price shares haya chang firmer. ed hands. Unions have, remained steady at

$363.

Chias Fires bave strengthened

and can be placed at $290. Hong Kong Fires were sold at Hong Kong, Canton and Macao Stearnboats have firmed up to 9961. China Providents were dealt in

the reduced rate of $760..

as $51.

Hong Kong and Shanghai Hotels were again booked at 98.05 and $0.

Hong Kong Lands were bought

at "887.

Humphreys Estates came to us

ness at 815.65.

Realty's changed hands at 28.85. Hong Kong Trams have further

declined to 820.25.

Hong Kong Electrics have shewn renewed strength and are now enquired for at 8521 and 851 for the Old and New shares respectively.

China Lights (Old) have weaken

ed and are on offer at 813.20. -Hong Kong Telephones have buyers at 87.20 and the Rights st $3.

Dairy Farms have huyers at

$22.90.

Union Waterboats are wanted at

$231.

Benguets are in good demand and the price has further ap- preciated to $21.

Raubs have changed hands at 83.50 and continue in demand.. Ewos have been dealt.. in fairly at various large quantities

rates up to Tls. 12.80. Orientala changed hands at Tis.

2.40.

Shanghai Cottons have had a smart recovery and business was done in the Old shares up to Tl. 61. Exchange. The T. T. rate on London to-day is 2/01 and on "Shanghai 13/16. Forward Settlement Days-27th November and 20th. December,

1929.

GERMAN EXPORT CREDIT

SCHEME.

ARRANGEMENT WITH US.

SYNDICATE.

BERLIN, Oct. 17th. Although nothing has come so far of the plan announced by the Minister of Economic Affairs last January for the foundation of an

bank, the export

Government guarantee system established last year, in addition to the two main export credit insurance schemes, is being continued along somewhat new lines.

In this year's Budget the Gov- ernment was again authorized to undertake guarantees up to a total of 175,000,000 marks 28,750,0001, for the promotion of the German export trade, and it is again distributing 25,000,000 marks [£1,250,000] through the Reichs- creditgesellschaft. A banking syn dicate under the leadership of this institution, suppported by the Government guarantee, has just concluded a short-term draft credit arrangement with a United States syndicate. The borrower will draw on the United States syndicate, and the bill will be discounted by Pro- the Reichscreditgesellschaft. longation up to two years is con templated. The interest

will amount" to between 7 and 71 per cent. The minimum credit grant- ed will be 825,000 £3,000), so that the benefits, of the scheme will be confined to a comparatively small number of important firms, long-term arrangement,

A

under

which smaller credits. may become available, is contemplated later,

WOOLLEYS.-There is a small busi ness doing in miscellaneous fabrics, including some repeat orders on Fancy Suitings and Wool Vene tians. The main buying for July/August shipment is stili de- layed, and it is said that purchase will not be made until next month or even January. The reason given is that large quantities of goods are being held up by boycott com- ittees and tax-collectors, so that dealers find it difecit to obtain remittances and to gauge the re- quirements for next season. Clear- Ances have been fairly good, but are not so brisk as during last

month.

༔

COTTON YARN-Market continues quiet and we have nothing fresh to report. Prices are unchanged. Nominal quotations are as follows: No. 108. 8170-190; No. 1. 8180-195; No. 16. 8196-200; No. 208. $200-205. Arrivals nil. Shipments nil. Sales. nil Unsold Stocks: 1,000 bales. Bargains: 8,300 hales.

BAY COTTON-Nothing doing.

MANCHESTER GOODS REGAINING.

ADVANCE IN SOUTH CHINA

OVER BOTH GE-MAN-

AND JAPANESE

.....

Official reports sent to the Japanese Government show that Manchester piece goods have not

only largely displaced Japanese piece goods in South China, but have also successfully competed with German goods dumped in the market. Prior to the boycott (says the Swatow correspondent of the

C. Daily News), Japaness piece- goods occupied a most important place in the South China market, but by May this year goods from Manchester had assumed the lead ing position. By July and August the Chinese were buying practical ly nothing else but British goods in face of strenuous efforts on the part of the Germans to secure A large share of the trade.

Japanese Consular officials in South China point out that not only have British merchants done their utmost to regain their old position in the piece goods market in China, but Chinese-in their boycott of Japanese goods-have turned to British goods of their own free will, Japanese exporters tre enjoined not to take the situa tion too lightly.

In sugar, too, the Japanese in China have lost ground to the British. Japanese merchants have purchased 50,000 tons of Cuban sugar for disposal in China but the British have purchased 200,000 tons of the commodity in Java for! the same purpose

The Japanese Consular officials fear that it would be extremely dificult for the Japanese to regain their position in South China in- aamuch as it is clear the British will not surrender their present atrong footing without a strenuous fight.

SHANGHAI COTTON MFG. CO., LTD.

RECOMMENDED DIVIDEND OF SIX PER CENT. FOR HALF-YEAR.

At a meeting of the directors of

MORE NAVAL NEGOTIA- TIONS.

SUPPORT FROM U.S.A.1

[THROUGH SKUTER'S. AGENCY.]

LONDON, Nov. 17th.

"A recent suggestions of Viscount Chelwode (Lard R. Cecil) in" the House of Lords that a new. way of" approaching limitation of arms by

the opening of Anglo-American

negotiations with a view to con- cluding a bi-lateral naval agree ment has found response in Wash- et ington where the correspondant the Tribune Herald of New York learns that President Coolidge, while doubting whether a plan can be worked out, has expressed wil lingness to explore the matter if Britain cares-to take the initiative.

AMSTERDAM TO JAVA.

AIR LINER'S QUICK PASSAGE.

(THROUGH BETTER'S AGENCY.].

AMSTERDAM, Nov. 17th. The Dutch air liner has return-

ed from the Dutch East Indies, having completed the notable fest of performing the double journey in ten days.

She carried sufficient mails to cover the cost of the trip.

A postal oficial is of opinion that when larger and more power- ful planes are built, the mails. will almost entirely be conveyed by air,"

ENFORCING PROHIBITION. LATIN QUARTER OF NEW

YORK RAIDED..

CAUTER'S AMERICAN SERVICE}

וי.

New York, Nov. 17th.. The campaign to wipe out the "Speak-ensics (illicit bars) cou. tinues. Two hundred Prohibition agents yesterday swooped down on Greenwich Village, he so-called Latin Quarter of New York, closed

dance halls and arrested the guests (who were subsequently re- leased),

An army of Federal detectives has been working for a fortnight to obtain evidence under the direc tion of Mrs. Mahel Willebrandt, assistant Attorney General (Wash ington) a staunch supporter of Mr. Hoover in his presidential election.

SIR A. CHAMBERLAIN'S RECOVERY.

TO ATTEND LEAGUE COUN- CIL IN DECEMBER.

(THROUGH REDTEE'A AGENCY.]

- LONDON, Nov. 16th. Sir Austen Chamberlain, accom- panied by Lady Chamberlain and their younger son and daughter, left Canada to-day on their return to London. They will arrive on November 25th. A message, re- ceived from the Foreign Secretary, states that he has quite recovered from his recent illness and will at tend the Council of the League of Nations in December.

REBUILDING GERMANY'S

NAVY,

#

to

[THEOUGH BEETEX'S AGENCY.]

BERLIN, Nov. 17th. The Reichstag, by 255 votes 203 rejected the Socialist motion to stop building the new 10,000 ton cruiser.

U.S.A. TARIFF WALL; (REUTHE'S AMERICAN SERVICE)

WASHINGTON, Nov. 18th. President Coolidge has increased potassium perman- the tariff on ganate from four to fix cents per pound, to be effective on Decem- ber 8th.

LANCASHIRE COTTON

TRADE.

BID FOR CHINA MARKET.

THROUGH BLUTER'S AGENCY.]

LONDON, Nov. 16th."

"A HOWLING SUCCESS!"

THE famous comedy team of "Rookies" Is here agalu in another hilarious farcel

KARL DANE

GEORGE K. ARTHUR

CHARLOTTE GREENWOOD

Baby Min&

AT

Based on the famous Broadway

j'age success!

THE

SEE what hap pened to this breezy comedy dra when a couple of squall.. ing infants are suddenly thrust upon them !

FINAL SHOWINGS TO-DAY

QUEEN'S A 230, 5.10, 7.15 & 9.20.

AN AMAZING picture story of spiritualism, showing the tricks of fake

mediums and seances !'

AT THE

THE MYSTIC

With

AILEEN PRINGLE CONWAY TEARLE

One of the most·· enthralling mystery dramas

screened I

over.

FINAL SHOWINGS Orchestra 5.15 & 9.20.

WORLD TO-DAY

Interpreter 2.30 27.15.

A HIGH SPEED COMEDY BIOTI THE FAMOUS star of "Grandma's Boy," "The Freshman" and

Hot Water" is one of his funniest pistures I

HAROLD LLOYD

IN

GIRL SHY

"ROMANCE, thrills, spil x and excellent comedy in a fast moving

story with not a dull moment from start to finish! AT THE

STAR

FINAL SHOWINGS TO-DAY

Continuous 2:30 to 11.15.

Don't make risks. The antiseptic vapoua Eberated by Evans Pastillas quickly kill the germs that hack in the obscure byeways of the nose, that and chest, Dosters strongly Soothing the affected parts. recommend them.

WATCH YOUR THROAT THIS WINTER/

EVANS' Pastilles

ANTISEPTIC TREGAT

Kado in Brglased to 18h Fawaii, uļ tha Liourboot Thren Heapital and sold by Cheeslite everywhere.

CONVENT TO CINEMA. CHARLIE CHAPLIN'S NEW LEADING LADY.

HOLLYWOOD..

but the negotiations have "not yet the Shanghai Cotton Manufactur-firms, has been formed to compete his next comedy. Miss Virginia

been completed.

Mr.

A new company-the Eastern Textile Association, Limited,the

A 20-years-old girl, educated at directors of which are all pro a convent and entirely lacking in minent in the Lancashire cotton cinema experience, will be r trade, and which is representing 50 Charlie Chaplin's leading lady in Cherill, a blue-eyed Chicago re- It is not known exactly how the ing Co., Ltd. beld last week, it was against Japan in China.

The Company will carry on the rident, was chosen after 25,000,000 marks is to be divided, decided to recommend to the share-

spinners, doublers, Chaplin had considered applica but 10 or 12 millions will probably holders to apportion the balance of business. of go to the short-term scheme and Tis. 475,605.75 at credit of profit manufacturers, packers, shippers, tions from a large number of can- the reat to the long-term scheme and loss account for the six months bleachers, calico printers, dyers didates. The scheme is not restricted to de- ended October 31st, 1928, as fol-finishers, calendar merchants, im

porters, exporters and dealers of finite areas, but the Eastern Euro lows:-

Tha all descriptions of cotton, calico, pean and oversea" markets

finen, silk, worsted, and woollen ROYAL understood to be held more par- Place to Legal Reserve

Fund

30,000.00 textile fabrics AFTERNOON ticularly in view. The Hamburg,

Bremen, and Berlin export trade Place to Sundry Depre- TEA is intended to benefit chiefly, ciation Reserve Fund 100,000.00

though industrial exporting firms Place to Fire Insurance

Reserve Fund .......... BISCUITS

are not excluded in principle. The availability of foreign capital for Place to Staff Provident

The Fund..... this purpose is welcomed. Berliner Tageblatt" remarks that Pay Dividend at 6 per the United States banka bave scent. p. 1 particular interest in the contract,

A daintily tempt-

ing assortment that makes tea- time-treat_

W.&R.JACOB & CO., Ltd. DUBLIN

are

Is their endeavours to establishin mativnal coeptance market in New York have received a set-hack this

INELANDA, owing to the onger dioden 55

rates, and the German arrange ment, though not extensive, may have a stimulating paychological effect.

80,000 Old Shares at

50,000.00

10,000,00

Tls 100 per share... 120,000.00 40,000 New Shares at

- Tfs, 0.75 per share ... 30,0DÖTEN"

Cherp forward to next account

··Total·

135,663.76

It is hoped, by mass production, to meet the Japanese producers on level terms.

POLAND'S AMERICAN FINANCE EXPERT.

(THROUGH „REOTER'S "AGENCY.]

Moscow, Nov-10th

Charlie Chaplin's new leading lady will appear with him in City Lights, the story of which he reccatly finished......

Throughout the course of his long film career Mr. Chaplin has had few leading ladies. There was Mabel Normand. Later there was the stately blonde, Edna Purs viance," who made so admirable a foil to the nimble, dark-haired t comedian, and whom he rewarded f for her long and faithful service. to him by giving her the leading role in his picture "The Woman- of Parin

Georgin Hale took the place of Mr Dewey the American mani ix adviser to Poland, was given Lita Grey, who 2000 after marry

The Gold a special reception wag Ka Chaplin, gelinquished Brukhanoff, the Commissar of leading lady's part in

Tis. 476,630.75 Finance, and M. Pintakoff, the Rush" Myrna Kennedy was the

Chairman of the State Bank

girl in The Cirens."

BATS, GOWNS

& NOVELTIES.

"Felix."

7, ICE HOTEL STEEKT

HONG KONG.

Tet. C. 6294.

Himrod's

ASTHMA CURE-

Chris-instant relief frons Authgan, Har