1928-12-03 — Page 2

Page

XMAS & NEW YEAR HAMPERS

We beg to notify Customers that Assorted, Rumpers suitable for the Festive Season may be obtained from us as the fallowing Radioed Bates -----

No. 1 HAMPER $38.

1 Qt. Moet & Chandon Dry Imperial 1 Qt. Superb Tawny Port.

1 Pt. Blackberry Brandly, 1.PL. D.O.M

Champignol 2 Qrs. St. Julian Churst.

1 Qt. Martell XXX Brandy, 9 Qt. King George IV Gold Label

or Perfection Whisky.

-1 Qt. Old Brown Sherry, Black Seal. 1 Q. Puritan Old Tom'or Dry Gin.

1 Qt. Burgundy, Burgoyne's. 1 Phial Pomeranzen Bitter

No. 2 HAMPER~$34.

1 qt. Guilleart Champagne.

1 Pt. D.O.M.

1 Qt. Bargoyne's Burgandy.

1 Ot. Martell's XXX Brandy.

2 Qts. King George IV Gold Label

~2~Ota. Tawuy Dry Port,

2 Qt. St. Julien Claret.

1 Qt. Puritan Old Tom or Dry Gin, 1. Q. Vino de Pasto Sherry.

1 Phial Pomeranzen Bitters.

or Perfection Whisky!

No. 3

HAMPER-$30,

1 Pt. Peppermint G.F.

Qt. Burgoyne's Burgundy.

1 Pt. D.OM.

2 Qts. Superior Rich Old Port.

2 Qts. King George IV Gold Label

of Perfection WhiskyJ

1 Qt. Engrand'a XXX Brandy.

1 Qt. Amontillado Sherry.

1 Q. Puritan Old Tom or Dry Gio.

2 Qts, Medoc Claret.

1 Phial Pomeranzen Bitters,

Other Hampers made up to suit Customer's requirements.

GANDE, PRICE & CO.,

LTD."

TEL. C. No. 135.

THE HONG KONG DAILY PRESS, MONDAY, DECEMBER 3rd, 1928.

W

Money and Markets

HONG KONG SUGAR AND

RICE MARKET.

Sugar: The sugar harvest has been exceptionally good in Java and large quantities have been im ported here. This has resulted in -fall-in prices-and the market-i dull.

-Rise :-Owing to the drought.in South China, large shipments of rice have been transported to the Colony, and re-exported into Can- tos from Annam, Siam and other | rice producing countries. In Octo- her 30 shiploads were received here and last month. The rice marker continues to be very active here,

Business transacted in the Hong Kong market. in rice and sugar on Saturday; included the following: Red Butterfly, white Long

Rice, 451 bags Green Double Beach White

87.35

Long Rive, 148 bags........ 7,99 Flower Bottle White Long

Rice, 150 haga

7.39

Shung Hee White Long' Rice,

200 bags

7.09

HONG KONG.

Mui Lan Fan White Loug

Rice, 180 bags.

9.63

Red Three Stars White Siame

Rice, 211 bags

Green Seal Rice 300 bags... Green Seal White Brand, „300

bags

6.78 5.97

3.33

Red Seal White Glutinous

Rice, 300 bayS

7,33

Bed Saal Glutinous Brewer

Rice, 104 bags

6.58

Green Grapes White Rice,

8.5%

Blue Grapes White Rice, 280

bags

5.62

Green Pearl White Rice, 200

bags

S.TA

Red Pearl White Brewer

Rice, 310 bags

0.00

Red Seal No, 3 White Broken

Rice, 300 bags......

€,59

Green Seal, No. 2. Broken

Rice, 150 bags

6.40

Green. Seal Clutinous Brewer

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

6.74

6.93

"

JACOB'S

ROYAL AFTERNOON TEA BISCUITS

A daintily tempt

ing assortment

that makes tea- · time a treat

Sole Agents:-

Drink

INELAND

20 bags

67 bags ..... Black Seal White Brewer

Rice, 677 bags Black Seat No. 1 White

Broken Rice 106 bags... 6.83 Black Sea No. 2 White

Broken Rien, 100 bags ... 6,32 Rd Muk Kan White Rice.

343 baza p Black Mok Kan White Rice,

354 bags

.0.15

8.83

Red Seal Glutinous Brewer

ftice, bags

Red Peacock White Rice, 83

bags

9.17

Rice 200 bags.

0.50

Rice, 241 bags

hags

6.64

3.05

more Red Sea No. 1 White Broken

Green Seal White Brewer

Asahi Beer Black Seal White Brand, 250

it is refreshing and

Sugar.

-89.58

Fine Granulated Sugar, 60

baga Java Red Sugar, 1,000 bags 8.08 No. 18 Coarse Powdered.

Sugar, 300 bags. 8.70 No. 24 Course Powdered Sugar, 200 ngs.........

7.20 No. 20 Coarse Powdered

Sugar, 200 bags

8.73

invigorating. CANTON COTTON YARN.

MITSUI BUSSAN KAISHA

Bing CENTRAL 30.

HONG KONG.

For:- Consultation,

Planning, Creation, Placing.

Advertising

from

A to Z.

1

The Advertising & Publicity Bureau, Ltd.

ALEXANDRA BUILDINGS. HONG KONG

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Our organization is fully equipped to deal with any advertising campaign whether large of amall, and we Can supply advertisers with a complate service of original copy, ideas, and designs for posters and Press advertising,

Our records prove that we can ensure our cliente receiving the best possible return for money spent · on advertising."..

The benefit of our knowledge and

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Why not take advantage of it

LTD.

For the THROAT

the BRONCHIAL TUBES

and the LUNGS

VALDA

PASTILLES

are excellent.

On Sale at all Chemists

& Drigústs INSIST on the boxes bearing the name VALDA.

L

BOLE AGENTS:

|L. RONDON & CO., LTD.,

SHANGHAI.

HIMROD'S

Asthma Cure. gives instant re- lief from Car terth, Asthma, ANERA. Colds, etc. The

ALMAL CATANON

standard rem e«. dy for over 50 years.

de all chemists.

Himrod's

ASTHMA CURE,

•

COTTON TRADE AND EXPORT CREDITS.

-WHY THE FAR EAST IS

EXCLUDED.,

BETTER SECURITY FOR THE

BANKS.

to

Some misapprehension seems have arisen in England in connec- tion with the new arrangements the Export Credits made by Guarantee Department of the De- partment of Overseas Trade to facilitate the working of the - port credits scheme because of a passage in the new form of con- tract reading. Applications may be considered for, all markets ex- cept at present Russia and (so far as textiles are concerned) India and the Far East,"

It is explained that although this form of contract known as Coc. tract B, is new, the exclusion of India and the Fur. East from its operation, so far from being, new or in any way directed against the interests of the Lancashire cotton trade, has been +

part of the scheme over since it came into operation, and was decided upon as the result of representations by the Manchester Chamber of Com

ree and other chambers interest- ed in the exportation of textiles to those countries.

On

November 9th. 1921. the Executive Committees of the China and Far East section and of the India Mection of the Manchester Chamber passed the following re- solution:~

That this meeting of the Execu tives of the China and Far East and the Indian sections of the Manchester Chamber of Commerce is of opinion that, the export credits scheme at present before Parliament should not be extended to India, Ceylon, China, Hong Kong, and the other Far East markets in so far as it relates to yarns and textiles. Such extension is not only unnecessary, but, it would prove mischievous and harm- ful to the interests of traders in those markets, the existing fan- cial facilities and highly organised banking arrangements being deem- ed amply sufficient to facet all the requirements of safe trading."

FINDLATER'S

DRY

GIN

க

Doubly rectified and established as firm favourite in many of the leading Clubs of the World.

INDLATER

DRY GIN FINDLATER MACKIE TODD findlatar's Corner

LONDON

FINDLATER'S "DRY" GIN

is the Cocktail Gin.

Stocked by the Principal

Hotels and Clubs.

Distributors-GILMAN & CO., LTD.

HONG KONG IMPORTS.

MORE INQUIRY FOR PIECE GOODS.

The fortnightly Price Current and Market Report issued by the Hong Kong Chamber of Commerce on Saturday states:-

The Government dceeded to the wishes of the Chamber by making the exclusions.hsked for. In July, 1024, as a result of representations from various quarters," the De- partment of Overseas Trade wrote to the Manchester Chamber asking for its views as to whether the time had not then arrived for extending COTTON PIECE GOODS AND FANCY the scheme to India, Ceylon, and CUTTON Goons:-Enquiry for. White the Straits Settlements. In its re and Grey Shirtings and Cotton ply to this the Joint Committee of Piece Goods in general is lacking, the Executive Committee of the two. There is a small "spot demand sections named stated that as far for Shirtings and Cotton Velvets, as the textile trade was concerned and deliveries of these articles have the commercial, and financial situa been fair. The anti-Japanese boy. tion was particularly strong, and cott still persists and trade in finance any sane trading scheme including Prints, is practically at a the banks were in a position to cheap Japanese cotton piece goods, which may be brought to their standsti

Under these circum- stances. the reply continued, "my

A telegram has been received from Shanghai by a Canton desier in cotton yarn, to the effect that the quotations for fine yarn have risen by 4 taels per bale, though the other yarns have not beer" effected. On receipt of this tele-notice. grom the Canton dealers increased Committee are, of opinion that the their quotations by $3 per bale.

Canton quotations in cotton yarnport credit scheme should not be were yesterday as follows:--| extended as suggested, since it per bale. would be extremely unlikely that its operation in the marketa con- cerned would lead to any helpful development of British trade. The 440.00 only transactions which the Gor-

ernment would be likely to be ask ed to finance would be those which had proved unacceptable to the banks not because of any financial restrictions but rather in view of their unsatisfactory nature,"

No. 42 Five Sone

Butterfly

Foon Hi

No. 32 Po Tap

Pine Deer

Tin Koon Double Horse

No. 20 Golden City

Globe

Họ Cheo Double Cheong Tram Car

No. 18 Globe.....

Fu Kwai No. 12 Golden City

Peacock Tram Cars

Aeroplane

Damsel...

No., 10 Sailing Vessel

No. 8 Lion

City

$452.00 524.00 320.00

432.00 4-48.00 -139.00 .* 330.00 228,00 227,00 397.00

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

E. Banks

Do

$1.825 bay DECEMBER 15r. 1928,

London...£139). nom. Chartered Banks, buy. Mercantile Banks, A. &B...£34 nòm.

Do.

0...£li nom.

SLOT.

HATS, DOWNS

& NOVELTIES.

"Felix."

7, Icz House STREET,

Home Kona.

TZL. C.6294

SAIGON RICE MARKET. ADVANCE IN PRICES.

The Compagnie de Commerce & de Navigation d'Extrême-Orient in their report dated Saigon, Novem ber 13th, 1928, state:-Paddy mar ket is very firm with upward ten- dency. There is a good demand. with few sellers, owing to scarcity of paddy supplies. Stocks in the interior being ama, sellers are holding of in anticipation of higher prices.

P. & O. Banks East Axis Banks

bury, Canton InsuranÇAI

buy Union Lasurances

$359 el, 352 11. North China In...Tim. 180 bay, Yangtare Insurances....... $50 nom Chins Underwriters.....824 sei. China Fire Insurancen....$280

bay. sel. Hong Kong Fire In.......$780 Donglese......****

дош. There has been more enquiry H.K Steamboate *...18+ bay. since our last report but with the H.K. Tugs ............ ..$3.40 sel.

Indo-Chinas (Pref.)

$15 bay exception of a sale of Black Twis

Do. (Dot)$72 bay. very little has been brought to book. Cotton hus again advanced Shell Transporta ........1187. om. and is now higher than for some Waterboats........

Benguet *********** considerable time.

WOOLLENSA fair trade in Black, Kain Mining Adnuin....75/. nom. Woollen Venetians has been done Langkate(combined). The 11 now.

Do, (single)............ Ms. St during the past two weeks. Brad-

S'ha. Explorations

2.80 bay. ford prices are hardening and this

A lew Bhanghai Loans Tis. & buy. During the last fortnight, our trends to check business.

Banbe

851 buy.

market ruled quiet but since a few very low offers have been received Tronch Mince

..17/6 noin. days, owing to a good demand from for Woollens for July/August ship-HLE & K. Wharts. $157 sel.

Singapore and Hong Kong concur ment, but do orders of importance

H.K. & W. Docks........ $37.com

rently with enquiries from other have been placed as yet: Clear China Providents...$4.95 buy.. 5.10 el.

ports prices have jumped by 3 per 166 boy. ances have fallen off and it is estiHongkes.............

cent. Sellers are New Engineeringas. Sinom,

reserved and mated that only about 40 per cent.

prices are likely to advance fur.. of this season's woollens have been Shanghai Dooks....... Fle, 103 mon

Ewo Cotions... some)? T. 131, buy

ther." " delivered to date.

COTTON YAUN-During the in-

113.40 sel & sa.

240 sel.

Tia

buy..

ROD.

Do. (now). 1. 31ỉ huy, x dív,

- -

Brokens market has slightly ad- vanced owing to enquiry from

In conversation with a represen 315.00 Lative of the Manchester Guardian 200.00 Mr. S. Judson, who has charge of 305.00 the Manchester offices of the Ex- $58.00

port Credits Guarantee Depart ese coment, explained that the new con

tract had been subraitted to the terval market continued firm, bat Oriental Cotton all bar. x dir. Java and Indian markets. 277.00 272.00 Manchester as well as the London Do business has been effected. 8'bai. Cottons (old).....Th. •

15.00 banks before its adoption and had Nominal quotations are as follows: 977.00 206.00 certainly tend to faciliate tradinz No. 16s: 8195-200; No. 208. $200-210. Įk. Loade

been approved by them, and would No. 10s. 8170-192; No. 195 $180-105; H.K. &8. Hotel 39 buy, 9.60 { 9.55. era.00 Under the old form of contract it was open to a banker to say to a 266.00 *261.00 customer, "Yes, you have cover, 260.00 bat suppose you fail in one or 236:00 other of these technical details, and 191.00 we are holders for valuc, where 274.00 shall we be?" The first duty of a banker was to get unassailable security, and this new form of con- tract was an effort to give that to him.

Arrivals: 200 bales. Shipments: Mil Sales: NI

Con

Humphreys E

tel.

.125 sol. Casold Stock: Shanghai Lands 500 bales. Barging: 5,000 bales.

BAW COTTON-No. business to B.K. Tramway........

FL.K. Realtion

...281 nom. ......$19.65 bay. report.

Peak Trams (old) $18 METALS:-Market strong.

buy. Bo. (DOT)........$6.80 nom. siderable stocks have arrived. Iron Star Ferries........£67j nal. and Steel market has been one of China Lights (old)...............$12.40 nom. the dullest. No business.

Do. (now)........ ..$12.30 nom. FLOCE REPORT:-Stock: Ameri- Do. (1928 Lasus)...$12.20 nom. can, 260,000 bales; Canadian, 30,000 | H.K; Electrics (ald) ........ 158 buy.. 53; -1.

Do. (now). 351 bay, bags; Australian, 50,000 bags; total, 420,000 bags. Market: Firm, Macao Electrics... 316. buy.

Sexparts: Window Glass, re Telephones... $7.30 buy, cam rights

Do.

16.70

buy. I rights dorted sales Nil. Local dealers

Du rights

bay. cannot meet prices in Europe.

SUGAR (China, India and Straits China Bases

Peacock Lotus Bee Five Lion Double Lion

Lion No. 2 Hut Hor

CANTON SILK TRADE.

NEW YORK MARKÉT QUIET.

Mr. Judson explained that the During the last fortnight busi Manchester office was the first one ness in aik in New York has been

to be established by the Depart- very quiet and only a few trans- ment in the provinces, and added actions have been "made. In con-

that in his opinion its establish sequence no report has been receivment had been fully justified. It ed by the Canton dealers. Foreign had only been in existence about Produce)-Reported sales: Java Singapors Traction..]

(Fred) 19/3 gol buyers seemed unwilling to do any six months. It was particularly Rough White, 56,177 piculs, Spots China Sigara

80 cia. Luy. business under these circumstances. useful because it gave an oppor. Java Rough White, 16,335 piele, Malabon Sugars bay

In Canton the business done in tunity to Manchester and Lancs-to arrive during Nov., Dec., 1928, Danton Ices

nom. silk on Saturday as follows:-

shire firms in general to talk over Jan., Feb., Mar., May 1929 Java Cements (combined)....331 buy, 9 vel. per bale. their problems, and proposals, and Fine White, 1,821 picuis, Spot;

(old)...#97 sal 14, 10 raw silk, 20 bugs....81,035.00 many people were now taking ad- Java Rough Brown, 5,107 piculs, Do, (new) $1.60 Bol.

Do. (now) ma

Dar

Linkental

12/ co

buy.

EXCTION

Tona

$7.80 nora.

755 not

20, 22 raw silk, 50 baga..... 995.00 vantage of it, particularly in the Spot; Java Crystal No. 24, 82,000 HK. Ropes (old) 22, 26 raw silk, 60 bags ...... 990.00 textile and engineering industries, picule; Java Crystal No. 18, 10,600 | 14 16 raw silk chaga 1,030.00 beeruse except in the case of the picple Jar Soft White 3,600 | United Asbestos

20, 22 raw silk, 25 bags 995.00 | Far East textiles were not exclud- | picuis; Java Brown, ́8,700" piculs; | Dairy Tarakennekant vai, 25-26 raw silk. 15 bagage090-60-red-fromenthe scheme,"

Singapore Candy200 plus

fas

The total amount of rice export- ed from January 1st to October 30th, 1828, is 1,452,508.315 tons against 1,248,467.227 tons in 1927.

We quote to-day white Saigon rice No. 1 25 per cent. brokeas rdund grain: Hong Kong $7.10. per pient of 134 lbs. f.o.b: Saigon; 128. 4d. per cwt, f.o.b.. Saigon; Yenis 7.76 per picul of 134 lbs. fo.b.. Saigon

White Saigon rice No. sifted. Japan quality Hong Kong $6.85 per picul of 134 lbs. f.o.b. Saigon; 11s. 10. per cwt, f.o.h. Saigon; Yena 7.45 per picul of 134 lbs. fo.b. Saigon.

For November/December ship-

ment.

Der A Wings ............. .80 ota, bay. Lane Crawford... $3,05 nom. Mackintosh......320 nom. Sincere summernegama,191 bay.

· Powalla.econcosmas

$3.65 buy. “HE Amusements

$98.

H.K. Constructions............... not. B'que. Indus. G.$Bonds.:661% bny.

buy-boyers; salsalléru :) sa ---