1929-03-20 — Page 9

TO OPEN

Remove gla

raim lever and

pisk-upwards

Haig

TO CLOSE

Replace cup and 'push

NEW BOTTLE SEAL

-

(NO CORKSCREW)

QUICK CLEAN

THE HONG KONG DAILY PRESS. WEDNESDAY, MARCH 20th, 1929.

Money and Markets

: HONG KONG MARKET

REPORTS.

Quotations as yesterday's local market for rice, sugar and other foodstuffs were as follows:—

1.Per Picul.

lever down

Rice.

Luk Fook Sing

$7.29

Ng Fook

7.78

No. 1 White ............

7.65

Green Seal, White Englutin-

ous.

€:GS

Black Phoenix

6.82

Green Fish

7.33

Black Seal, Unglutinous

6.80

Green Seal Oid

Red Scal, White

8.77 7.37

Red Seal Broken

8.40

8,02

SAFE

Nobody can put better Whisky into any bottle than that which goes into the Haig bottle.

Doctors are using it

Judges are using it

·Sufferers from acidity

And it preferable to

any other stimulant

SOLE AGENTS :-

GANDE, PRICE & CO., LTD.

TEL. 0. 135.

BT APPOINTMENT.

General

Accident Fire and Lite

Green Seal, No. 1 Bicken......... Green Seal, No. 2 Broken... 5.77

Sugar.

No. 24 Coarse Granulated ... $8.68 New Green

6.73

Miscellaneous.

Cocoanut. Oil

Boan Off

Groundnut Oil, Fongtse

Wood-tar Oil

Red Melon Seeds

Dried Mushroom

Green Bean

Black Bean

·890.00 24.20 17.50 31.70 23.50 310.00 8.70 ...O

1

CANTON STOCK EXCHANGE.

LATEST QUOTATIONS.

Eove Kone.

Water Works

Electric Power & Light Co. Canton-Hankow Railway....

CANTON, March 18th.

3.93 -4.80 .53

The Sun Company

80.00

Sincere Company

103.00

Nanyang Bros. Tob. Co.

Tramway Company

4.50 2.85

China Merchants'

Steam

Navigation Co. Central Bank of China ......

60.00

·46.00"

Assurance Corporation, Limited.

ESTABLISTED 1885,

HOUSEHOLDERS' COMPREHENSIVE

POLICY

Insures the contents of your

"residence against Burglary

Housebreaking, Larceny Theft (excluding theft by `servants), Earthquake, Typhoon, Flood, Burst Water Pipes,

and/or Tanks, Riots and Civil Commotion and extends to cover temporary residence in any inha- bited Dwelling House or Hotel in China The cover may be extended to a country outside China by arrangement on application.

AGRNTA:

J. H. BACKHOUSE, LTD. TEL. No. 1798,

14, Chater ROAD,

Parfumerie Rigaud

ETABLISSEMENTS RIGAUD, PARTS.

"UN AIR EMBAUMB

Flacon de Luxe Grand Modele.

A Hygienis and Hadreshing Perfume in great lavuur on all Ureixes Harkets. OBTAINABLE FROM-

"A. SWATSON & CO., LTD.

THE PHARMACY.

THE COLONIAL DISPENSARY" WING ON & CO.

THE SUN.CO.

SINCERE CO.

AGENTS!

All Classes of Perfumes for All Marketa of the World

FOREIGN CAPITAL IN

CHINA.

LOANS ACCEPTABLE FOR RECONSTRUCTION.

NANKING, March 14th. At yesterday's meeting of the Central Political Council, a pro: posal of Mr: Sun. Fo, Minister of Railways, to permit investment

CANTON TRADE NOTES.

BALLANTINE'S

in use for almost 100 years.

ESTABLISHED 1927.

A

By Appointment to

H.M. The Late Art Queen Victoria

HM.. The Lato King Edward VII.

ぶ

and

His Majesty King George V.

Wuchow is still sufferings from ļa bad businesa slump, attributed to the drought and other causes. About ten per cent. of the shops made a small profit, thirty per, cent. have "muddled through" PURE SCOTCH LIQUEUR

somebòw and sixty per cent. have

either had to increase their capital or go into bankruptcy. Most of the

arc small bankrupt businesses

banks and money changers, but a good many picce goods and drug dealers are also in difficulties.

***

The Kwangtung Weights and Measures Bureau has been keeping a sharp eye on peddlers. On the 18th inst. the Bureau issued a notification that peddlers whose measures or weights have not been examined must submit them to the Bureau within a month or they will become liable to pegalties. The authorities hope to unify the measures and weights and put an end to & source of dishonest dealing.

The Silk Improvement Bureau is opening a branch office in Lok- chang to encourage the silk indus try in the Northern districts. Branch offices will also be establish- ed later at Chaochow, Muihsien, Skuitung, Tienpak and other places. The culture of mulberry trees and the rearing of silk worms in the Eastern and Southern dis- tricts are to be encouraged. The recent improvement in the silk business is having a stimulating effect upon merchants and pro- ducers and real efforts are being made to stage a revival of Kwang- tung's great silk industry of the past.

RAW SILK.

REPORTS OF PRICE CON- CESSIONS.

Messrs. Pentreath & Co., "have banded us the following letter dated February 21st from MessrO. Hornby, Hemelryk & Co., Liver- fool-

In the early part of the week

of foreign capital in various conurder review, March was sold down struction schemes of the Govern-

ment, which was originally aub to 24.94, but the market has since mitted to the Executive Yuan, was steadied, and values show an ad. discussed at length and was for-vance of lc. to 3c. over those ruling warded, together with a memoran-

a week ago. dum of the Executive Yuan, on the proposal, to the Legislative Yuan for further examination.

According to Mr. Sun's scheme, investment of foreign capital in Government enterprises may be accepted, provided it does not in. fringe upon the hational sover eignty of the country.

Our mail advices from New York state that although heavy consump tion figures for January had been anticipated, the actual publication of the record figure of 57,349 bales. failed to advance the market to the extent generally anticipated. Some feeling exists that, notwithstanding the recently published opinion of abnormally low stocks in the hands of manufacturers, the heavy Janu- The Government besides contractary deliveries have placed them in ing foreign loans for reconstructions position to resist higher price purposes may 'solicit the co-opera- levels by a continuance of hand-to- tion of foreign merchants in under- mouth buying. Reports that some Taking any construction work, dealers are already making price which will be operated in the name concessions to mulls lead support to at & corporation and with certain this theory. limitations to be separately deter

Overseas Chinese Restricted.

mined.

On the other hand, consuming The scheme further provides that distribution. Broad silk sales dur channels indicate very satisfactory the following limitations are neccaing January increased considerably Bary in any corporation in which the Government is financially, in hosiery trade is making strong and ате atill developing. The terested or which is managed by headway, and demand is much

Oversea Chinese:-

a. Chinese ahareholders should bold over al per cent of the entire capital stock of a corporation.

4. The Board of Directors should consist predominantly of Chinese.

e. The chairman of the Board of Directors and the general manager abould be of Chinese nationality.

d. Any commercial corporations thus formed should be subject to the Chinese Corporation Law and other related lawa-Kuo Min.

*་

BRITISH SUGAR FOR CHINA.

MANY SHIPMENTS COMING.

One of the many important de- velopments arising out of the re- duction of the import duty on raw sugar in the last Budget is the in- creasing ability of British augar refiners to compete in the more dis įtant, export markets.

...

wider. Such a condition "should compel steady mill buying for cur reat needs, and tend, at least, to maintain present levels.

Our correspondents cabled us yesterday that spot silk ja firm, and coarse sizes are very scarce. It is reported that there are im- portant buying orders in the mar- ket for execution under current prices.

SWEDEN'S FOREIGN ·

TRADE

RETURNS FOR 1928.

Figures indicating the value of Swedish foreign trade during December are now to hand, and show "the surprisingly large export surplus of 38 million kronor, the highest figure on record not only for the season but also for the twelve months. To some extent

the

of

British refined sugar is now being exported to China, and a cargo of 6,500 tona fixed from this surplus may be explained by London to Hong Kong has been La temporary decrease of importa farranged at a freight rate of 258. but, above everything, by

per ton. Additional cargoes are favourable weather, which subatan- also being arranged for March, tially prolonged the season

This is said to be the first oc- navigation in the Gulf of Bothnia casion on which cargoes of British and made possible heavily increased refined sugar have been shipped to shipments of wood and woodpulp. China, as that country has pre- The excess of imports over ex- viously drawn the bulk of its sup- parts for 1928 was 143 million plies from Java for refining at kronor. With regard to the prin- home.

cipal groups of commodities the Altogether about 40,000 tons of value of iron ore exporta declined British refined agar have beca | by 78 million kronor, and the ex- sold to China on the basis of 108. ports of pulp and paper by 56 od. fo.b. per cwt.—& comparative- | million kronor, whereas the value ly low figure, but, one in keeping of wood exports rose by 14 millions.

VICENTE ATIENZA & CO., with the general level of the mar- The value of the exports of the

No, 64, NATHAN ROAD, KOWLOON.

TEL. K. 165,

ket, which has been depressed by engineering industries ross by 57 the heavy production in the past million kronor, or more than 28 few years.

per cent.

WHISKY

10 years old.

GEORGE BALLANTINE ·

& SON, LTD. GLASGOW AND LONDON,

DISTILLED IN SCOTLAND

If you want a really first class Scotch Whisky at a reasonable price, you can have no better than Ballantire's Liqueur Whisky. excellent.

It is j

The French Store

Beaconsfield Arcade,

QUEEN'S

WILLIÀM „F•Ñ• RESPONS

FOUR CONS

COMING SOON

FANLING HUNT

STEEPLECHASES

NEXT SUNDAY

MARCHANT'S

SIR ?

Certainly.

What else

17381

should I

24th MARCH

ON SALE.

OUND VOLUMES of

the

BO PRESS, January to June, 1995.

HONG KONG WEEKLY drink?

WITH INDEX, Parte----37,50.

On Sale at the HONG KONG DAILY

PRESS OFFICE

HONG KONG FOOTBALL CLUB

ANNUAL TRIANGULAR RUGBY CONTEST.

The following Games will be played on the Club's Ground :—

_MONDAY, 25th MARDE-OLUB. ARMY.

WEDNESDAY, 3rd APRIL-ARMY 5. NAVY. MONDAY, 8th APRIL-CLUB v. NAVY.

Kick off at 5.15 P.M. at Each Game

ADMISSION-COVERED STAND

50 Crs.

20 CTS.

OPEN STANDS"

***

W. PRYDE,

Hon. Secretary.

[7538

MARCHANT'S Gold Label Whisky.

STAR

THEATRE.

ADDITIONAL ATTRACTION

NINA ET JACQUES

POPULAR INTERNATIONAL DANGKAS FRIDAY to MONDAY AT ALL FEERFORMANCES. Usual Prices

GENERAL & ELECTRIC

Refrigerator

has No Fans, belts, drains, or stuffing boxes. It never needs. oiling because a permanent supply of special oil is enclosed in the hermetically sealed casing thus eliminating the greatest part of maintenance and repair.

Study this model and see how roomy it is because all the machinery is on top:-

Then call in and inspect the many models on | view at our Distributors' Showrooms.

...

The Hongkong Electric Co

The General Electric Co. of Chin

•Sale Agents for China:: ANDERSEN, MEYER & CO, LTD.

Hong Kong and China,