1929-06-06 — Page 9

Money and Markets

HONG KONG MARKET REPORTS.

CANTON RICE MARKET,

THE HONG KONG DAILY PRESS, THURSDAY, JUNE 6, 1929.

There has been little demand for Yesterday's quotations for rico

Kwangtung rice and prices have fallen. The market for foreign rice and other foodstuffs were as folis normal and prices are stendy. "low:-

Quotations on Tuesday were as fol Per lows:- Picul.

Per Picul.

ן

HONG KONG SHARE "MARKET.

MID-WEEK REPORT.

We have received the following information from the Hong Kong office of Mr. Harry O. Odell, stock and share broker :--

the murket has undergone but little During the period under review, change. The principal features have been a smart appreciation in Banks and Wharves, and a good turnover

Semenis.

Banks. Have met with a steady demand, and have gradually risen from 81,230 to $1,255, but are now a shade easier, being obtainable at 81,250.

Unions. A fair amount of busi- ness has been put through at rates ranging frem. 8340 to 8333, and are still being offered at the latter price.

Douglases.-Sales place as low as 8274.

Steamboats - Have

IMPORTS-PRICES, CURRENT.

The reports and prices are published ne supplied by Importers, and the Chamber cannot accopt responsibility for the Accuracy thereof.

Motala.

1

Heary stocks Market dead....... IRON AND STIEL----

Nail Roda

...per pical $6,70

· Steel Sarı(round) to 1′′)

20-480

4,40

H

Angles

Boda

5.00

Jaists

610

14

L

Sheets (35.50)" Plater

6.30

5,00

Swedish Bars

$11.10

490-5.00

7.70

Small rennd coche

Boype, black steel galvanized

Tuber, Black

galvanized

Wire Naila, 11-3

***

www

11.10

74 per cent.

H

per picul 7.80 Galvanized corrugated sheets,

per 100 b, 240 $7,20 Galvanized flat sheets,

24/24

1/32", 1/8"... per 100 lbs. 25G $8,20 Galvanized 3/32′′ x 4′29′′ p. pical 19.80 Galvanized wire 18/92 Galvanised wire 3′ 17′′

(Japan rondo)

have

taken

LEAD

B.M., Spot

Rice,

Black Seal. No. 3...

$6.48

Kwangtung Paddy.

Luk Fan Suen

7.24

See Miu, Walchow

20.88

Lam Po To

8.48

Ching Tan Chung

Tung Pak. Swatae

8.38

9.18

Broken, Green Seal

Toni May, Taengseng

6.32

6.18

Granulated, Red Seal No. 1...

3.03

Tsai May, Tungkun

7.90

Granulated, Red Seal No. ...

3,44

Kwangtung Rice.

Glutinous, White

7.14

Tai May, Koonyin

Long Englutinous, Hung Sam

Singl

6.02

Long L'nglutinous, Black Seal

6,78

Tsai May, Taengseng See Miu. Tsengseng Sai Chim Yuk

10,90 10.80 10.00 10.60

Miscellaneous,

Annam White.

Coarse Granulated sugar, No.

18

20.67

Sam Tsz...

0.43

Coarse Granulated sugar, No.

| Ching An Tàu

9.54

Ching Fa Lam

2.38

24

7.38

Shing Sheung To

9.01

Brown, sugar, Java

6.98

Edible Bird's nest, No. 1

Long Waglutinous.

white

..3,800.00

Hung To

0.13

Edible Bird's nest. No. 2

Green Stal

9.37

white

.2,150.00

Yüe Yee

9.17

Edible Bird's nest. No.

3

Ching Sing

9.32

white

.1.420.00

་

Torquin White.

44.00

Black Bean

Fook Taz, New

A91

6.50

Scarlet Bean

៩. ដក

Fon Tz, New

.8.20

Kum Tkz

Black Sesame

11.50

0.74

Tai Tsz...

9.55

Wuhn White.

¡Ngun Tiu, Yuk

$8.70

Kn Hing

Kean Yum Ma Yuk

"

No. 3 White.

9.99 Humphreya-Sales effected AT

813 with further sellers.

2.05

0.38

of

9.48

9.76

Duck's feather

CANTON COTTON YARN

MARKET.

Telegraphic advices from Shang- bai indiente that prices for Japanese yarha have advanced by two snels. In Canton, prices has also risen by two to three dollars. There has been a slight, improvement in the market and demand by merchants from Fatehan is fair. Quotations on Tuesday were at follows:

Red Seal Blue Senl Blue Y Green Y

Cargo Bice Reddish, Kwangtung Reddish, Early Black Sea!

remained quiet, but not many shares are available at the quoted rate of 896. Trams. Have been dealt in at $18.20 with buyers predominating. Wharves-Have had a steady rise from 8123 to 8128), with sellers holding out for higher rates.

Docks-Have changed hands at $33, but are rather neglected.

'Providents. After having been done at 84.05, are now stainable at this rate.

Hotels. Are whated at 85.70, but have sellers at 88.60.

9.79 LandsHave come to business at 8.95 $62.

8.65

No. 42 Yang Hok

8412

Reddish, "Hong. Tsz'

8.54 8.20 7.89

Flower and Butterfly... 424

Frem Hayre.

424

Siam White Broken.

No. 32 Chay Kou

338

Floe Seal

10.08

Blue Phenix

358

Black Sea!

6.47

Tin Koon

372

Green Seal

21.05

Pine and Deer

360

Red Seal

5.12

' Sheung Hay

370

White Granulated.

No. 20 Golden City

SS.

No. 1

Globe

272

No. 2

Good Harvest

No." 3

Sin To..

202

3.43 5:35 3.62

Hang Hay

259

White Bran.

Blue Phenix

909

Siam

Wua Pang

439

Annam

Ng Fook

268

Black G

3.2 3.35 3.32

Yan Chung

265

Tram-car

202

Muk Yang

968

Foo Yee

268

Three Stars

268

RUBBER.

No. 18 Globe

258

Foo Kwai

250

Sun Light

256

BIG DEMAND FROM U.S.A.

No. 12 Golden City

255

Peacock

235

Foo Kwai

255

Poo Yee ....

953

Tram-car

262

Pretty Damsel

Aeroplane"

450

Tak Lee

452

No. 10 Sailing Vessel

240

Golden City

240

Pencock

440

Lotus and Bee

*195

Double Lion's

230

Five Lions~

.920

Yan Chung

235

'Tai Fat

437.

Tak Lee

238

Excellent Crops.

230

No. 5 Lion

196

Lion No. 2 Hut Hou

188

Messrs. Pentreath & Co. have kindly forwarded us the following letter, dated May 18, from Messrs. Hornby Hemelryk & Co., Liver- 242 pool:-

.388

CANTON STOCK EXCHANGE.

CLOSING QUOTATIONS.

CANTON, June 4.

23.80 4.40

Water Works

Electric Light and Power

Canton-Hankow Railway

0.50

The Sun Company.

98.00

Sincere Company

121.00

1

Nanyang Bros. Tob. Co.....

4.00

Carlton Tramways

2.50

China Merchants' Steam Nav.

Co.

Central Bank of China

48.00 42.00

EXCHANGE RATES.

[BRITISH WIRELESS SERVICE.]

Paris

Geneva

Berlin..

Oslo

RUGBY, June 5.

124.05

25.105

90.335

16.20

Helsingforset 193

Athena...............375

Buenos Aires

Hong Kong

New York

Amsterdam Stockholm Vienna

Madrid Bucharest Bombay .. Yokohama Brussels.

Milan

Copenhagen

Frague

Lisboa,

Shanghai

Silver (spot) Silver (forward)

47 5/32 1/10%

4.841 ....... 12.07

16.14

34,52 36.075 B18

Erices have recovered about 28. per la. during the week under re- view, Spot closing last night at 10ld, June 08.. July/September 101d., October/December 1d., and January/December 1930 11d..

buyers.

ן.

Electrica-Have been the medium as declining some business rates-from $56) to 8552.

J

10.89-11.00

... per pical -

ייו

**-1450-14.80

*.1440-14.30

To arrive. Australian-- B.H.P., Spot ".14,80

"To arrive" 15.30-15.20

English Yellow Metal

Sheets (14 & 18 oz.) Japan make oz. JAPAN COFFEE—

Slabs

Tiler

"&400

**:21.50

ZINC SHEET, 8x4 WASTE AND OLD Materials ** TIN PLATE-

English I.C.W., 20a × 14%, 100

1be. Spot

English 1.C.W To P. box 2.10-9.en O arrive "* 9,20-8.80 English LC.W, 181" x 14",

110 lbs. Spot

9.30-9.70 English I.C.W., To Live

"9.40-9.80 American I.C.W. (Spot), 20x 147

100 lbs, p. box 112 sheets ...11.40 American 1.C.W. To arrive 20%147 100 lbs. p. box 11 sheets 1.40

Patroleum Products," WHITE ROT BRAND COKET BRAND

LOCK

EAGLE BRAND

to

China Lights.Appreciated 13.70 (cum rights), but have sincé become slightly easier, due to sellers of shares for the June Settlement.

Cements. Have again" met with demand at 86.10, but rates have not improved. Forward" business has been reported at 88.40 for August, Watsons. Have been sold down to $12.

The market was rather quieter at the close last night, and it is quite possible that we may see some small reaction after the rise. There is however, altogether, much better feeling in evidence" at the present time, and although it must be admitted that the recovery in prices during the past week is mainly due to short covering, ap. parently shorts alo not see any possibility of a further decline and realize that manufac- turers may, at any moment, come into the market, which would have the effect of driving prices further against them.

material

Reports from America indicate phenomenal activity in the auto- mobile industry, and we are told to expect a record output of cars

Amusements.-Alter having been put through at 8291, are now being inquired for at 8291.

Shanghai Market.

The Shanghai market has had a slight revival, principally in Cot- ton shares. Ewos have gone up from Tls, 124 to a buying rate of Tla 121 Orientals in liquation) have been taken off the market at Tis 2.05

The Exchange rates for the day-

Bre:-

T.T. on London,” 1/107.

TT on Shanghai, 82 Next Settlement Day, Tuesday,

June 24.

HONG KONG STOCK EXCHANGE

CLOSING QUOTATIONS.

H.K. Banka-și 2524. nom. JUNE 5, 1999,

Do., London...£132 vom, : Chartered Banksy bay. Mercantile Banks, A. &B...£33 nom. 015 nom, Do

...................

Su nom $655 bay. #337; sal,

100 bay.

F. & O. Danks East Asia Başka Cantos Insurances.... Union Insurnaces North Okina Ins

Yangtaze Insurances...... M. 350 nʊm. China Underwriter......$2.10 sel. China Fire Insurances... 285 buy. E. Fire Lashe ...8776-2021. Douglass

HK. Steamboats.....3d səl H.A. Lugs de $1.60 sel. ..$18 bay. Indo-China (Pret.)

Do. (DOL)

.$76 nom. Shell Transporta..... ..91). nom. Union Waterboats..... 200 Benguet...

buy. Kailan Admin...69 nom Langkas (combined).. Tis. 14 nom. Do. (angle).... 11. 7 mon

Explorations

BOOL

Tinom.

of tyres for the same month. We' are also informed that the May consumption of rubber is likely to exceed anything previously report ed, and although we repeat these reports with all reserve, it is evident that the seasonal slack- pess, usually associated with the inonths of May, June and July, has not yet materialised.

for April and very large shipmen S Loans T. 44 xol.

We have heard quite a lot res garding the potential output of Itubber, but it seems to us that the potential consumption is quite an aakaown quantity, and figures for the current

year may prove all estimates to be hopelessly out.

We continue to have a favour- able opinion of purchases of posi tions in the second half of this

year and of the early deliveries

ed

08 we are

next year,

convinced that manufacturers have not cover- their requirements to any serious extent beyond next month.

Stocks London 31,080 tons (in-) crease" of 267 tons). Liverpool 4,614 tons (decrease of 185 tons). 1/5 13/10

Our New York correspondenta 1/9 23/32eabled last night that April con- 34.025 sumption is expected to exceed earlier estimates. Heavy short in- terest is believed to be still exist ing. Trade sentiment, which has hitherto been bearish, is now be coing "ned:

Close New York int nigh July 21,200, September 21.60€, December 21.60, March 22.40c.

02.05

18.505

1631 1081 ~3~27/04 शाप-

24

24 1/16

Tronoh Miam

B.K. & K. Whart B.K. & W. Docks Chins Providenta Hongkows

16; mom. 17/0 num 31281 boy, 127

35 zum

... per case 4.08 2.89 ** 8.89 9 tins 3,50 ...per bulk 2.00 SOCONT MOTOL GASOLENT.... per cane 6,60 SILVER LIGHT

3.59 CROWN BRAKED 68 lbs. per 2 tire 3.50 8 galla, C8 lbs. per bulk 2.90 CROSE BEAND ..71 lbs. per 2 tins 3.24 8 i galls. 71 lbs. per baik 264 LAMP GLASN

per 2 ting 3.42 SHELL MOTOR SPIRIT

$4 bay, 4.10 sel Tis. 168 nom. New Baginerug..

Tis, 3,85 buy. Shanghai Docke

111127 by Ewo Cottons... Tia, 12g buy. Oriental Cottons. The. 671

Ti...KGB buy.

S'nui. Cattons fold,”.....

bay.

por caso 6.10

per 2 tins 6.55

per bulk 6,85

per gallon (ex pump) 1470 TRTACO "SCALE" Kerosene...per case 3.66

"TIN Foo" "

"

GASOLINE ...

Coals. KAIPING-No. 1 Lomp

· 3.62 6.60

€15.00

Nut Cond

16,00

33

H

No. 2 Lump

11.00

No. 1 Slack

9.40

8.30

No. 3 Slack

Flour Report, Quotations; are not firm.

Do. (new)... Tla. 30 com, - HK & 5. Hotels $8.60 buy., 8.60 sel. H K. Landa

$6218 ...Tis. lit buy, & ›. Bhanghai Lands Humphreys Estates ......314 acl. HK. Relics$8.33 sel. 8.A Tramways... $18,15 buy., 18) sel Peak Trams (old)... ...$12) buy.

"bot" (new) $6.56 nom. China Lights, Cum. Rights Star Ferries

$861 zom

Bio.70 buy. Do Ex Right $12.20 ba,..

13 bel. Da... Kights ........ $7.90 nom. B.K. Electrica............) $541 Day,, 562 {zel., 80/55+ **. Macao Electrics.$16 com. Sandakan Lights ......82); sel. Telephones... buy. China Buses .............âla. 144 bay. Bingapore Tractions.....11/6 pol

Do. (Pre)......16/6 buy. China Bugars

80 cta. nom. Malabon Bugars Canton loes........31.80 boy....... Ozodat {combined)son, 40,30 sal do pas

-Do--(old) }} tem

Do. (now) ......$1,40 nom. (Continued at foot of next column).

»

תוכם

J

American Patent...per mack $3.55

Straight Cut c Shangbai Flour Australian No. 1

No. Xo, 3 Canadian Cut off

4:38

STOCK:

Straight

Mixture... 2nd Clear...

American... Canadian Australian...

8,000 miles in an

airless bottle-

which guarantees perfection

SENT OLD PURE for PORT PALT PETERY BLEND

AND EVERY

₤1 UIT BY US

S LTD

AND LONDON

From the day it leaves our vats

to the day it leaves the bottle

"

White Horse Whisky is kept in

a protective vacuum. Instead

of air in the neck of the White

Horse bottle there is a total

APPOINTMENT

N° 4127

The Old Bid

Wisd

vacuum.

ALL AIR EXTRACTED

And so White Horse Whisky comes to you, wherever youare,inits sunset maturity with none of its rare flavour lost, none of its fine bouquet dispersed, none of its strength evaporated.

WHITE HORSE

whisky

BOTTLED

2.76-2.05

2.80-3,05

3.96-3.00

£170 SILK SMUGGLING

• PENALTY.

2.70-2.30 2.65-2.75

→ 2.56

2,50

550,000. bags

$80,000 80,000

اوار

EXPENSIVE DRESSES.

IN

SCOTLAND

Agen's: LANE, CRAWFORD LTT, Hcaz Kong,

. Mrs. Sheila Genevre Barker-! Hahlo, of Langley Park, Norwich, was summoned, before. Mr. Boyd 1,080,000 bags at the Westminster Police Court, for knowingly attempting to evade five silk payment of duty on dresses. Mr. A. R. Pierson, for the Customs and Excise, said the treble value and duty of the goods

MARKET-Very slow.

Sundries. WINDOW G

4th Quality of 100 sq. ft.

per box... Fair average sizes

1/16" thick per box... 5.50-0.70 1/8" (27 oz.) * 13.50 Ohlas,

India and Straits Produce.

SUGAR-

+

Java Rough White... per picul 17.08-7.63 (Reported sales 36,104 plenis Spot.) Java Hongh White por pical $723-7.33 (Reported sales 8,810 picule. To arrive during June, July, August, September, 1929.)

Java Fine White No Stock. Jaya Bough Brown per picul 16.58-0.83 (Reported sales 8,415 picula. Spot.) Java Bough Brown per picul $6.43-648 (Reported sales 3,300 picula. To

krive during July, August.) Java Molaesos per pieni 1675-6.43

(Raported sales

6,157 picnis, Spot) Java Crystal No. 24......per picul 18.43

(Keported sales 59,380 picul.) Java Crystal No. 18.....per pical 37.86 ... (Reported salen 19,890 pícnia) Java Soft White

**** per picul

Java Soft Yellow

Jave Brown...

16.83

(Reported sales 34,950 pisala.). Java Stroop Iloilo, No.

per pica!

Deile, No. 2

$3.83

$5.43

$6.23

(Reported sales 10,600 picula.)

per picul (Reported sales 8,410 pícuir.) Hoilo, No. 8

per pieni (Reported anies 8,650 pícuis,) Hoilo, No. 4

per picul No. 8 Manila BrowTA ...

(Reportod sales 17,500 picnis,) Manila Block ...

**

(Reported sales 2,000 piculs) Heihow Brown

Singapore Candy

was £260.

After sending her maid to Vic toria Station to clear her register- ed luggage, the defendant herself attended and said that all she bad to declare was five silk dresses for herself and four for her daughter. Other dresses were found, however, and the defendant was told that if there were any garments she had any doubt about she should ex- piain.

Eventually she admitted that she had made untrue statements and declined to fill in the usual form. But she added that she had worn the garments, and that was why

she had not declared them.

Mr. Boyd said it was clear that the defendant was aware of the position long before she declined to sign the declaration. The penalty would be £170.

CURATE WHO FORGOT A WEDDING.

TROUBLE FOR SHEFFIELD COUPLE.

| MEN BLAMED FOR SHORT

SKIRTS.

|

WOMAN SENATOR ON YOUTH'S PROBLEMS.

Mme. Francoise F. Plaminkova, Senator of the Czecho-Slovakian Republic, and a delegate to the International Council of Women, whose proceedings in London open- ed recently, is one of those rare beings a wean lectual ability, strong personality, in whom intel-

and complete charm are happily combined.

She is of middle, age; her hair is greying; her eyes are set level beneath a fine forehead. There is a slight twist to her smile, con- noting simultaneously a humorous acceptance of fact and an uncon- able determination world that falls short of feminine ideals.

to reform

"Youth Suffers Much," "Youth," she said, "ah! it suffers much and it is to be blamed--a little. It suffers from une maladie universelle a world-wide sickness, a sickness of uncertainty.

מן

REPORT ON MENTAL DEFICIENCY,

PART OF IT SUPPRESSED.

PROTEST BY MEDICAL JOURNAL. ---

The

British Medical Journal complains that although the "long- promised and patiently awaited" report on mental deficiency by the Joint Committee. of the Board of trol has now been published a part Education and the Board of Con-

of it is suppressed.

The paper

at portion of the

report

which denis with adult defectives is still mysteriously withheld. Neither delay nor withholding is. the fault of the Joint Committee themselves; indeed, in a prefactory note they mildly protest that the proper sequence and right pers pective of their report has been damaged thereby, as well as its 'coherence and force.'

it is

In the public interest necessary to press for, even to in sist upor, the early publication of the missing Part Ill. It would be very valuable at the present, time.

. No individual, how' ever advantageously placed, should be able to keep from the public the considered opinions of a body of persona pre-eminently competent to influence and guide those in- terested in the subject, with which they deal."

"You have your traditions here in England, you are cut off by the sen; you can have no conception of the mental chaos that arose Europe after the war. Where was Youth It did not know,

"What shall we say now to Youth/ You must do this, you must do that? Very well; but

A Doctor's Protest. Youth says why ? It has its in- dependence like Youth. I ad "At the conference on mental wel- mire its qualities—it has 1 fare in London, Dr. A. F. Tred courage... and it sees truth as gold, a member of the Joint Com- we never saw it, the truth of life.mittee, said that he regarded it as Because the curate who should In the old days a young girl! most unfortunate that the part of $6.80 have performed the ceremony for was in the hands of her parents. the report dealing with adults got all about it, a Sheffield couple Her father controlled her destiny. should not have been published, could not be married although the She said, 'Yes, papa. Now the and added: bride and bridegroom and their knows everything. Sho arranges $10.00 Iziends arrived at St. Philip's her own life, And if it falls out

Church and waited until the legal badly that is her affair. time expired.

No, no." Youth is no more The couple were Misa Helen vicious than we were; but all ed opinions and recommendations. Calverley, of 90, Upperthorpe, and now on the surface. We kept Mr. George William Shephard, of things hidden, Who is to blame 0, Gillot Street.

for the bad things 1

(Reported sales 640 piçuls.) Market steady at advanced prices. SALTFITUR

No. 1

No. 2 No, a

per picul

15.18

HK. Bopes...••••999+ United Asbestos...$5 hoy. Dairy Farms......

..$19 buy. Watsons.........

312 nom. Der & Wings

80 cts, buy. Lane Crawfords......... - 52 zel.- Mackintosha.

$18-buy $11.50 buy. $3.65 #el

$291 buy

Was

Z

"It seems to me a most extra- ordinary thing that it should be possible to hide from the country in this way the carefully consider-

of an independent committee on such an important subject. I very much doubt whether the public authorities who are charged with. the duty of providing for these de'

The curate told his vicar that he Why, I will tell you that it so occupied with something is we older ones. Whose world a else that he did not remember the it in which Youth runs wild and tectives, whether Parliament, and wedding until too late. The vicar hurts itself! The world of the l whether-the-country-will-tolerate says that he will insert an apology older ones, The young ones have such an netocratic procedure, in his parish. magazine. He has invented no new immoralities | which is totally at a variance with. returned the marriage fees. The But they have lost indeed they our national ideals and reputation wedding should have been perform have lost something-a sense of for integrity.” ed during that time, and when no responsibility. parson appeared a frantic search was made for the vicar, who was

Then her whole face twinkled. missed at several places by a few older, people could combine to say "You said something about the minutes. As it happened, he pass this or that social evil muet cease wild girls and their short skirts, B'ers Tadas Glands to

the dede fra dit weit If med fiba ay B.K. Gort, Loans.61% prem, bay. time, but was in conversation and that! Youth would not seek it short skirts are ugly, skirta bay.--buyers; sel-sellers; -salem; did not notice any excitement at unless it were in sight.”

(Continued at foot of next column),

Blinceres

Powells

ILK. Amusements...

WR

B.K. Construction ......$14.20).

the church.

We must abolish the bad olu things, I tell you this: if all the

would become long at once, It is

you who are to blame for that?