1929-05-16 — Page 9

PIMPLES BROKE OUT ON CHEST

Burning and Itching Con- tinual Cuticura Heals.

"I was troubled with imati plin, ples that broke out on my chest and mused me any amount of suffering by their continual burning and hcb- log. The teriktion got worse and by continual scratching the pimples | " spread to my back, neck and arma. They were about the sise of a pea and very red.

“I read an advertisement for Cuți- Soap and Ointment and sent for a free sample. After using I began to get relief o purchased a box of the Ointment and one cake of Soap, and I was healed.” (Signed) H. Shakespeare, 6, Henry St., Batterson, London, S. W. 11, Eng.

Use Cutlets tió bend alky troubles. Sample ench Soan, Cintment and alcun free upon request, from Destas. Price de Company, Ltd., P. O. Box 650, Shanghai,

Said Throughour, the Worlds,

STAR

THEATRE.

FLYING RETURN VISIT FOR 4 NIGHTS ONLY

W. R. BANVARD

PRESENTS

THE ENGLISH COMEDY CO.

In an attractive repertoire of latest London farces, Comedies and Thrillers.

the

SATURDAY

May 18th, at 9.15 pm.

ROOKERY NOOK

From The Aldwych Theatre, London.

THE FANATICS.

The Mot Daring Play

THE HONG KONG DAILY PRESS, THURSDAY, MAY 16, 1929.

Money and Markets

HONG KONG MARKET

REPORTS.

INTERNATIONAL CHAMBER OF COMMERCE."

STOCKS AND SHARES.

LONDON QUOTATIONS.

"D.P." Special Service.}

Prices quote on

the London

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

MAY 15, 1928, ...$1,23 bay...

"bay.

Da London...133 nem.

H.K, Banks..

Chartered Banks

Merepntile Banka, A. 8...£39 nom.

Do

*O...£ist nom.

DOM.

Yesterday's market quotations for WORLD PROGRESS REVIEWED. Stock Exchange on Tuesday, May | PF. & 0). Banks Bom

rice and other focdstuffs vero as tlow:-

Per picul

Rice.

Hung Fai Ma

$7.84

No. 9 White

€.82

Ching Sheung Yin

7.32

Ching Ling Chee

7.09

Ching Kay

7.93

Hung Fay Fung

39

Tui Kum, Unglutinous

7.19

Hung Foo Tou

7.03

Ching Cheung

Woo Cheung

6.68 0.86

Miscellaneous.

No. 19 Coarse granulated.

Bugar No. 20 Coarse granulated

sugar

# 6.68

No. 4 Coarse granulated

sugar

6.83

7.93

Selected bird's white ¿dible

nest

Cocoanut

2,000.00 02.30

Groundnut all

Camellia-nut oil

Red Melon Seeds Soy Bean

09.30

20.00 91.00 7.00

CANTON COTTON YARN MARKET.

[British United Fress.]

Paris-The tremendous develop- ment of the United States is the most out-standing feature of world economic life during the first decade following the World War, according to the annual report of Alberto Pirelli President of the Inter national Chamber of Commerce.

Referring to the progress of Italy under the Fascist regime, President Pirelli describes Premier Mussolini as "one of those rare and except tional men who rise up in days of national emergency." The rapid re- vival of,Germany since the stabili sation of the mark and the restora- tion of France to her former posi- tion as a great financial power also come in for laudatory comment.

An Authentic Oritique.

The annual report of the Pre sident of the International Chamber of Commerce is generally accepted; as one of the most authentic docu- ments on the economic situation of the world.

"If we wish, in a few broad strokes, to picture the changed na pects of the leading economic forces | of the world at the close of this decade, so fertile in happenings and rich in achievements, we see

4, for the following bonds, stocks." and shares were as under:- Anglo-Persian Oil, 91/3. British-American Tobacco Co.,

8.13/39.

Bradford Dyers, 41/8. Branston Art Silk, ordinary, 34/

deferred, 9/10).

Burmah Oil, 86/3 Canadian Pacific, 230. Coats," 60/6.

Courtaulds, 4.3/39. Cunard S.S. Co., 24/9... French 3 per cent, 20). Great Western Railway, 847. "Guinness Brewery, 88/6.

Hudson Bay Co., Bj. Imperial Chemical Industries,

ordinary, 36/3.

Imperial Tobacco Co., 3.1/18. Indian 4 per cent, 67) (xd.). Marconi, 83/-

Mexican Eagle, 15. Midland Railway, 52). P. & O., 59/8 (xd.). Rand Mines, 31.

Royal Mail S.S." Co., 89.

Shell Oil Co., 83/21.

Southern Railways, deferred, 31. Swedish Match Co., 20 Enion Corporation, 4.7/18. Vickers, 11/15

War Bonds, 5 per cent., 100.13/18, White Star S.S. Co., preferred,

91/6.

CANTON TRADE NOTES.

Telegraphic advices from Shang-Europe on the way towards final hai indicate that the market for political and economic stability, cotton yarn remains unchanged. In still full of constructive energy, her Canton, a dull market has been industrial output distinguished by

The rice market has become active experienced for several days and a quality, finish, and inventiveness and prices have risen owing to recorded. North America in its new great and shortage of arrivals from Siam ind decline in prices is Prices, have further dropped by highly standardised financial and to the scarcity of stocks. three to four dollars and demand industrial and commercial expan

still lacking. Latest Cantan market quolations are as follow:

Lion, No, 2 Hut Hou

No. 12 Golden City

No: 6 Lion

8188

180

180

No. 10 Sailing Vessel

252

Golden City

250

Petcock

250

Lotus & Bee

210

Double Lions

243

Five. Lions

545

Tao Chung

246

Taj Fat

248

Tak. Lee

Excellent Crops

Peacock

249 236 238 288

Foo Kwal

Poo Fee

270

Sun.

Tram-car

262

Hay

Pretty Damsel

250

19.

of the Century.

Aeroplane

204

Tak Lee.....

289

Mod.

THARK

No. 16 Globe_..-...

Foo Ewa

May

20.

From The Aldwych Theatre.

Yan Chung

978 975 275

No. 90 Golden City

298

Globe

275

Good Harvest

275

Tues.

Fui Siag......

GM5

May

Double Harses

976

21.

First Time in Hong Kong.

Sin Tro.....

275

"

Blue Phenix

$73

Ng. Fook

976

Wan Pang

272

Hung Hay

274

Muk Yang

Poo Yee

276 273

Three Stars

272

No. 39 Choy Kou

374

Blue Phenix

368

Tip Koon

364

Pine Deer

376

.Sheung Hay

360

No. 42 Yang Hok

448

Butterfly

444

Foon Hay

DIVERSION

Booking at HOUTHIE'S and STAR- Prices: $8, 82- & $1.

PROTECT and STRENGTHEN HOOF THROAT & CHEST with

VALDA

PASTILLES

On Sale at all Chemista

& Drug

INSIST on the boxes bearing.

The name VALDA.

BOLE AGENTS:

L RONDON & CO., LTD,

SHANGHAI.

AGENCIES.

Tai London Office of the HONG KONG DAILY PRESS, 21, BEIDE LANE, EC.4., is constantly receiving Enquiries from Home Manufacturers regarding Suitable Firms to Bot Agents for their producta in Hong Kong and South China.

If Local Companies desirous of taking

op further Agencies will let a know the Lines in which they are interested the information will be forwarded to London" and passed on to interested parties as op- portunity offers,

This Service is offered to our Readers without bbarge and, of courses Do obligation la-incurred on either side.

The Béquired Information áhould be Went to the

HONG KONG DAILY PRESS, LTD, 11, Ick Housi STKERT, Hồng Khởi.

sion; Asia, despite recent industrial There has been a briek demand developments, still true to her pre for groundnuts. The price has. dominant agricultural traditions," risen to 80.60 a picul and is likely the report goes on.

to rise, still more in the future

stocks are scarce.

If the wonderful development of the United States is "the most characteristic Icature oi world The number of palm leaf lans economic life in the Brst ten years exported from Carton from May since the war, remarkable changes 1-3 was 811,125. Most of these have also occurred in Europe: the were exported to the Yangtare rapid revival of Germany since valley districts and to Malaya. stabilization, the restriction of France to her, former position as great financial power, the astound ing progress of Italy under one of those rare and exceptional men who rise up in days of national emer.

`gency,

#

But apart from these more striking changes, it is noteworthy that in all countries throughout the world, there is confidence that the economie future is sound and that in an atmosphere of social and poli tical peace, fruitful progress will be made in the condition of labour, in dustry and trade."

*

$368 al.

East Asia Baskı Ongton Insurance....... .....$895 buy.. Union Insuraust... North China Ine,. T13. 160 bay.

M. $50 nom. Yangtze Insurance...... Chins Underwriters...14.26 bay. 3,30 sel. Chins Fire Insurances...$40v buy. H.E. Fire Las, in ...8775 nom.

$35 al

H.K. Steambo B.K. Tugs

(Det.)

Indo-Chinas (Fro)

Do

Shell Transporta

Union Waterboat......

12

2,6 sol. 447 ...170 nom.

дом

Benguets if bay, Kalan Mining Aamin....8/3 bay. Lang kata (combined)........

.Th. 7 nom (ingle)

Do.

JAVA-CHINA-JAPAN-

LIJN.

Tel. Address: JAVALYN

Tel. Central 1574,.

(JCJ.L

York Vuilding

Hongkong

REGULAR PASSENGER & CARGO SERVÍCE BETWEEN HONGKONG, AMOY, SHANGHAI, MARILA AND THE DUTCH EAST INDIES.

SOUTH BOUND.

EXPECTED WILL

nom,

STRANKE

From

OUT OF ABOUT

FOR

LEAVE

8h. Explorations.Th. 2 sel Shanghai Lowasa 44 sol Baub.*******

$63 Lo Trench Mines ... 17/6 clo. H.K., & K. What $130 bay, 121 H.K. & W. Docks .........330 sei, China Providents ...... H‡ buy.. 4,40 Bol Hongkows

SITOR RAT 'PI,T."

New Engineerings Th. 6.65 bay. Shangha: Docks... Las buy.

*****TLE. 12.55 bay. Ewo Catton .......

Cat. Tia. 2 bay, 2.10 sol. Oriental Cottaus ...

d'aar. Cottons (old)... Tla. 72 buy.

Do. (new) 11. 394 bu H.K. & S. Hotel....$8.9. sol., 8.901.85 14. HE. Lands

Cake - 142 NS ROMA Shanghai Lands

802 bar.

Humphreys Estate.1.35 hom H.K. Realtion.......$8.35 sm. H.K. Tramways s Peak Tram (old)...

Do.

F

+

$18.50 el.

buy,

(new) ......10.55.nom. Star Ferring ...........8061 bur

60 Uh.na Laghi, Cam. į 512.70 buy.

Bights 18.0 sel, 104 Do. Eight $13 nam Da.

Hight 33 baz. & so. H.K. Electrics

#57) COL Macao Electrics.......$263 nam. Bandakan Lights $2 sol Telephones........... buy.

*ina, 144 buy. China Buses Singapore Tractiona......11/0 nom, "Da. ""(Pref)..............1őjű bay. China Sugars..........8 ct. nom. Malabon Sugarsson. 27- bay. Catton Ices....... Bi. Bu hay.. Cements (combined). 18.101

buy 8.30 1. Do. (old).... 7sel,

(now)......$1.40 nem. ......$7.1 nom. ...$5 buy. $19.10 baj., 191. $13.20 nom.

HL.K. Ropes......... United Asbesto Dairy Farms...... Watsons Der A Wings Lane Crawfords.. Mackintosh.........

Quotations for our have been reduced on account of the arrival ef large consignments of both for eign and native four from Shang- hai. A quiet market has been record-Sinceres ed as demand has fallen away badly.

Merchants have been reluctant to

end many orders for Japanese piece goods as demand is slight during the prevailing unrest. A large number of orders have been received, however, by merchanta from country districts for Japanese edible marine products.

W.

Powells

bay. Bel.

$18 bey.

$11.20 bar $3.65 hom.

Amusemen's Wh tel.

B.K. Constructions....... B'que, Indas, G. Bonde,..07% bay, E. Gort. Leans...tix prom, bay. buy-buyers; sel-sellers; -al;

nomromina!

RAW SILK MARKET

REPORT.

Forecast Not Borne Out. Referring to the progress of 1928, Five. Steam launches, the Tai The decline on the Yokohama President Pirelli Baid that the bing, Kingning Kiangsu," Chung Market which is due to the ap- favourable forecast he had made at oa and Kwangying, which suspendproach of the spring crop in Japac the beginning of the year had noted sailing for some days between bas affected the silk markets in altogether been fulfilled and that Hong Kong and Wuchow, resumed Europe and America, inasmuch as the improvement observed, although service on Wednesday. Since the buyers are withdrawing. marked, was smaller than in 1927 standstill of navigation on the West The year, taken as a whole, he River caused by the military said, was a year in which positions situation, business in this Colony already secured were consolidated has been affected. and strengthened rather than one of notable economic progress.

Since the Central Bank of China In connection with President suspended acceptance of its bank announced notes, silver coin has been con- Pirelli's report, it is that the International Chamber of sidered as the standard in business Commerce" will hold its Fifth transactions. On account of this, Biennal Congress at Amsterdam the exchange rate for Hong Kong from July 8 to 15 of this year. It money has dropped in spite of 444 is expected that more than a thou political unrest. The Bank issued sand leading business men of all notification on the 12th inst. to the important commercial countries the effect that it is suspending busi- of the world will attend this meetne for the time being for the

CANTON STOCK EXCHANGE.ing The agenda will include sub- improvement of the local cur.

CLOSING QUOTATIONS.

CANTON, May 13. Water Works

84.70 Electric Light & Power 4.30 Canton-Hankow Railway .....31 The Sun Company Sincere Company Nanyang Bros. Tob. Co. Canton Tramways China Merchants' Steam

Navigation Co. 32.00 Central Bank of China

....... 48.00

€8.50

118.00

J

4.40 9.70

EXCHANGE RATES.

[BRITISH WIRELESH BERVICE.]

Paris New York Brussels Седеть "Amsterdam

Milan Berlin Stockholm Copenhagen Oslo!

Vienna Prague Helsingfors Madrid

Lisbon Athens

Bucharest Rioer

Bombay

Shanghai

Bong Kong

Yokohama

Ruoay, May 15.

124.75 -4.85 7/16

31.943

25.19

12.00

09.65

20.455

18.165

18.205 18.195

34.65

164 193 ..34,068 108.

375 618-

57/16

1/8 29/22

2/52

1.

1/17

1/10 8/32 Silver, spot & forward 3/16

jects relating to economic restora tion and international co-operation For the facilitating of international trade.

Among the most important quer- tions on the Amsterdam agenda is that of Commercial Policy, and Trade Barriers. Under the general heading" the International Chamber

rency."

BRITISH TRADE UNIONS.

DECLINE IN MEMBERSHIP..

Membership in the British trade

of Commerce will examine such unions, which began a marked de matters as import and export pre-cline immediately after the failure hibitions and restriction; action fer of the general strike in 1928, has the reduction of customs tarifs, the reached the lowest figure in 12 most favoured nation. clause, treas Feare ment of foreigners, dumping, bar-For the first time since 1916 the unions membership has fallen be- riers to air traffic and other forms low 5,000,000, as shown by the latest official figures, which show a total union membership of 4,908,000.

of commerce.

SCANDINAVIAN WOOD PULP.

CO-OPERATION SECURED.

T

A contract has been signed be tween the Swedish, Norwegian and Finnish producers of mechanical wood pulp which implies a perman- ent regulation on the part of the producere in relation to supply and demand and uniform selling policies.

World Depression. Labour experts blame this loss to trade unionism on the collapse of the general strike and upon the unemployment problem which has existed in England since im- mediately after the World War.

The depression in the coal

districts mining

i reflected graphically in the loss of 307,000 members by the mining and quarry- ing unions, whose total membership has now dropped to €78,000,

The market is"very dull and al though prices have not declined much during the past week, the tendency is weak.

Quotations. 14/16 N.S. Crack Chops 20/29 N.S. Chops 13/18 O.S. Best I.

Mex. 2933

890 930

NEW YORK STOCK MARKET, PRICES CONTINUE

IRREGULAR.

New York, May 6-Trading on the New York Stock Exchange was reasonably brisk in the two hour session to-day, says the Dow Jones Financial News Agency in its daily review of the "market at the close of business this afternoon.

Prices showed strength in many issues, with the oils in better do- mand The market rates offset irregularity elsewhere in the list. Profit-taking started early result- ing in late spurte in some issues dealt in widely Friday. Several recent market leaders like Ameri- can Can, General Motors, Westing house Electric, etc. were in good demand at prices which were con- cessions over the, closing quotations of yesterday.

Radio Corporation of

of America, which went to a new high for all time. Friday, declined after the opening to day but rallied towards the close.

Prices of public utilities stocks were mixed.

Copper stock's suffered from some profit-taking and the industrials were mixed

MOTHER INDIA

The railway unions were the next greatest. sufferers. During last In view of the controverty which year they lost 79,000 members and arose over Miss Mayo's revelations to the The right to adopt decisions, with their total membership dropped to in "Mother India" as

system of child marriage, the fol binding effect upon all the parties, 413,000.

the only lowing figures of the number of enough, Curiously is lodged with an expert coment

children married or widowed issued register tee consisting of representatives of British union group to the participating countries with gains ip membership is a white by the Secretary for India spesk headquarters in Stockholm. The collar body, the teachers union. for themselves: agreement affecte a total export quantity of about 2 million tons in existence. By the end of 1928, Under 8 years 329,147

the year of the failure of the Between 8 and general strike, they had dropped to

of wet mechanical pulp. Its aim

is to eliminate the competition that has hitherto existed and to create stability in the market.

In 1925 there were 1,144 usions

TJIKINI

Dar, Kzuxe, 20th May

& ANOT TJIKEMBANG STU. & Amor 23rd May TJIMANOEK... DALY, KLONO. 3rd June

& AXOT TJIKARANG ... SEAL & Axer 3rd Jane

22nd May. MANILA M'áa.

4pm. & SOARALA 15th May, BATATIA

4 pm.

5th June.{MANILA, ME"KBAN.|

1 p.m. 5th June, 4 p.m.

NORTH BOUND.

WILL LEAVE ON OF ABOUT

STEAMERS

ΤΖΟΥ

EXPECTED

ON OF AZOUT

TJISALAK JAVA,MAKAESAE InHarbour 22nd May TJIKARANG .... BATATIA TJITAROEM ... Java Makassar 19th May

BATAVIA TUISAROFA.....

1st June TJILEBOET *** Java,Maxassan 19th June TJISONDARI .. BATATIA 19th Jane

BorKANATA, BAZATIA.

For

18th May Arot & N. Omra 24th May Axor & S'EN.

1st June AxOY & N. CHINA Brd June Axor & S'HAI." 15th Jane Axor & S'HAI, 14th JaneiAxor & S'HAL

EXCURSIONS TO JAVA

The regular service of the Java- China-Japan-Lijn steamers from Hong Kong to Java, and vice-versa, offers a splendid opportunity for excursions to Java (the Pearl of the East) and other parts of the Dutch East Indies.

Famous for craters and volcanoes,. delightful scenery, invigorating Mountain resorts, excellent sporting facilities.

Travel in comfort on first class steamers with excellent accommodation for passengers; European Doctors carried; Wireless telegraphy installed.

Hong Kong to Batavia (7 days) saloon fare: $175, return $300.

For particulars apply-

JAVA-CHINA-JAPAN LIJN.

Agents-

ROYAL NETHERLANDS INDIES AIRLINES, LTD.

York Building.

H. A

Telephone G 1574.

Hamburg-Amerika Linie,

COMBINED FREIGHT AND PASSENGER SERVICE, CABIN CLASS ACCOMMODATION FOR 50 PASSENGERS. FARE FROM HONG KONG TO GENOA-£73, 0«. €3, OUTWARD.

Bailings from Europe for S'hai, Japan & Northern Ports:-

8.S." OLDENBURG". B.S. "SAARLAND HYRHEINLAND""

8.5.

TIBPITZ!

MV."LEVERKUSEN M.V.ERMLAND"

HOMEWARD.

... due here on or about the 29th May ... dne here on or about the 10th Jana dus here on or about the 25th June dus here on or about the 18th July die hare on or about the 19th July dus here on or about the 2nd Aug,

Sailings for Genon, Rotterdam and Hamburg via Manila, Singapore, Colombo & Fort Said :——- IM.Y. VOGTLAND" ...ailing from here on or about the 31st May.

"DUISBURG"

HY

mailing from here on or about the 15th June M.V. "BAUEBLAND sailing from here on or about the 1st Ju

sailing from here on or shout the 2nd July Esiling from here on or about the 18th July Bailing from here on or about the 27th July.

8.8. "OLDENBURG" 18.8. "BAARLAND"

M.V. BHEINLAND “.

Calling also at Marseillaa,

Married Widowed

21,020

10 2,774,092 $142,872

16]

15 8,674,273 865,509..

1,136. And the figures for 1927 Betwsen 10 and show a still further decline to 1,127

"For Freight, Pansage and further Particulars plases apply to

JEBSEN & CO.

12, Fodder Beet

ADÍMTS,

Tel C. 1225. 0.4754.