1929-07-26 — Page 9

MARTELL'S BRANDIES

V, S, O. P.

BOTTLED IN

THREE STAR

V. V. E. S. O. P.

SOLE AGENTS:-

COGNAC AND

"

GUARANTEED

PURE GRAPE

BRANDY

K

MARTELL & CO.

GANDE, PRICE & CO., LTD.

WINE & SPIRIT MERCHANTS,

ST. GEORGE' BUILDING, ICH HOTSE STRRET; .

ΤΕΣ. Ο. 135,

Hose Kore.

Typhoid Dangers In Hong Kong.

Official Statement by

M.O.H.; Scandal" of

in

Local Mui Tsai, are topics dealt with the Current issue of

the

Weekly Press."

Pungent Criticism of Local "Movies Postal Fraud Case: and the Water Situa tion, are other features."

POLITICS, COMMERCE, AND SPORT

Price: 30 Cents.

Annual Subscription: Hong Kong, $13; Pout Free to any address, $15; Quarterly Subscription, $3.75. Orders should be sent to the

HONG KONG DAILY PRESS, LTD.,

TELEPHONE: C. 12.

11, ICE HOUSE STREET.

KOWLOON

BALLANTINE'S CRICKET CLUB

in use for almost 100 years.

ESTABLISHED 1827.

By Appointment lợ

B.H. The Late Queen Victoria

and'

H.M. The Late

THE

LIGHT

THE HONG KONG DAILY PRESS, FRIDAY, JULY 26, 1929

BOB

King Edward MUSICAL Co.

VIL.

Bls Majesty King George Y.

PURE SCOTCH LIQUEUR 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 Зате по better than you can Ballantine's Idqueur Whisky. It is *xcellent.

The French Store

Beaconsfield Arcade.

WILL PRESENT A

BRILLIANT COMPANY. OF VERSATILE STARS.

SATURDAY, JULY 27th,

AT 9.15 P.M.

ADMISSION: ONE DOLLAR.

Dorst worry.

fas berul

A:

8160

Welcome Visitor

Money and Markets

MARKETS FOR BUTTER AND CHEESE.

CHINA, JAPAN, AND THE PHILIPPINES.

IMPORTS MAINLY FROM AUSTRALIA, AND NEW ZEALAND.

11

NEW YORK STOCK

EXCHANGE.

41

U.S. STEEL'S HIGH RECORD.

New Youx, July 17, U.S. Steel to-day reached a quata- tion of 203, the highest mark in history, following yesterday's reces sion to 1981 from the. 203) eloss of the day before, says the Dow Jones Financial News Agency's daily re port of news of the New York Stock Exchange

This placed Steel in command of the market, and it led others issues upward to improved prices

Cils, equipments and amusements gained but rails, which were in the Ascendant yesterday, lost during the early part of the session.. Leaders soon met with prodt-taking sales.

The advance of steel was attribut- ed to the fact that directors of the corporation were to meet this after- noon, and it was expected that something good" was awaiting 1.S. Steel stockholders.

General Electric, American Can and other popular issues meet with early losses but soon recovered.

There was heavy trading in oils, Simms, Pan and General Asphalt went to new highs.

The countries in the Pacific region | while those from the United States -China, Japan,, the Philippine have rapidly" declined. The butter Islands, the territory of Hawaii, imported into China is consumed British Malaya, French Indo-China, principally by the foreign element: Ceylon, Siam, Netherland East the Chinese themselves are but Indies, Fiji Islands, and other small slowly adopting its use.. island in the Pacific Ocean—| The production of butter in Japan import annually around 18,000,000 is steadily increasing, with the re- pounds of butter and over 4,000,000 sult that imports are declining. poands of cheese. Exports from the Japan "has a very,, well developed United States to these countries in dairy industry on the island of 1998 amounted to 1,749,754 pounds Hokkaido and in two other districts, of butter and 736,408 pounds of the main production being on the cheese."

island of Hokkaido. Total produc-

Paramount, Famous-Players-Lasky In this group, the Netherland tion is around 3,000,000 pounds and several other Alus issues were in East Indies takes more than 30 per year. The butter imported into demand to-day. cent. of the total butter' imports, Japan is supplied by Canada, Aur- or 0,214,103 pounds in 1997, 80 per tralia, New Zealand, the United cent. of which consisted of butter States, and Great Britain, mention- } ? in tins. About 80 per cent of the ed in the order of their importance. Several of the rails dropped by

Inasmuch as efforts are being the close, forced down by profi imports are taken by the island of Java and Madura, the remainder made constantly to increase butter taking. Baltimore and Ohio lost production in Japan, imports may only but Canadian Pacift was by the Outer Possessions Imports not be expected to increase, unless down to 2461; down 21. Erie lost into the Netherland East Indies the demand for butter is more 33 for a close of 81. Lehigh Valley gradually TOSC from 7,577,430 highly developed among all Japanese gained an eighth. Missouri Pacific

than at present.

closed down 23 from yesterday'a pounds in 1924 to 10,008,013 pounds

close. New York Central was of 11. in 1926 and then decreased in 1997.

Southern Pacific gained 3) for a Butter production on these islands

close of 13619)

up

The close quotation on U.S. Steel 2028, Bethlehem closed at 1154,

from yesterday.

Drop In Rails.

The Markets for Chest. The demand for cheese in the Far is negligible and imports are Eastern countries is not large, but General Motors showed a slight quired to supply the demand, which imports on the whole bave grad-loss at the close, being down from comes almost entirely from the for-

ually increased and now amount to Jesterday. Chrysler gained.

Call money remained at 12 per over 4,110,000 pounds. Exports to the Pacific region from the United cent., which was the elese yesterday. States in 1928 amounted to 736,408 shares.-United Press,

Sales for the day were 4,301,920 pounds-138,940 pounds less than in 1927 and also.below the exports of 1996.

eign population. In 1927 Australia supplied 4 per cent of the im ports, the Netherlands being the next largest source of supply.

Hawali and the Philippines. Hawaii also imports a consider. able quantity of butter-mainly from the United States and Aus tralia. Imports increased to 2,683,006 pounds in 1928, 1,184,041 pounds of which were supplied by the United

States.

Butter imports into the Philippine Islands vary from year to year, and in 1997 were 228,000 pounds below those of 1924. Of the total imports in 1927, the United

States supplied about 25 per cent., Australia 40 per cent., and New Zealand 18 per cent. Canada and Denmark also ship butter to the Philippine Lelands. A very small quantity of butter is produced on these islands.

The market for butter in Indo China has increased and then de- creased. Imports into Coylon have constantly grown, reaching a high figure in 1997, while those into Britiah Malaya have likewise in creased to 2,196,320 pounds in 1948. Imports into Siam range from 149,000 to 171,000 pounds a year. Although the dairy industry in the Fiji Islands, has developed rapidly in the last few years, imports of butter have increased. The bulk of the imports into these countries originates in Australia, with some of the European countries supply ing small quantities.

China and Japan.

The largest importer in these countries is Java and Maduro,

the imports being consumed almost which took 1,676,797 pounds in 1997, entirely by the Dutch residents of the island. Imports have been in- creasing since 1925. About 95 per cent of the cheese comes from the Netherlands and the rest mainly from Switzerland, Great Britain

and Germany.

Hawaii Cheese imports into amounted to 499,350 pounds in 1997 and 441,818 pounds in 1928, prac tically all coming from the United States. Importa into the Philip pine Islands approximate those of Hawaii and in 1927 amounted to 474,800 pounds, about 32 per cent. coming from the United States and BO per cent. from the Netherlands Switzerland, Australia, and Ger many are among the countries which make up the remainder of the im ports.

Comparatively few Chinese have acquired the taste for cheese and consumption is limited largely to the foreign population. Of the im- ports in 1937, about 60 per cent was supplied by the United States. Canada, the Netherlands, France, and Italy also supply cheese - the Chinese market.

Japan produces a small amount of cheese-around 27,000 pounds a For many years, the imports of year. As a rule, the Japanese do butter into China grew until 1986, pot care for cheese, but many of but decreased in 1927 and this de- those who have resided abroad have crease has continued. Imports come acquired a taste for it and its con- mainly from Australia and New sumption will probably increase.

Zealand, but Canada and the Imports are so small that no record

United States supply considerable is made of them. Cheese from the quantities. The Canadian ship- United States constitutes & large ments bave gradually increased, part of that imported.

TOTAL IMPORTS OF BUTTER AND CHEESE INTO

THE PACIFIC AREAS.

"

COUNTRY.

Butter.

Territory of Hawaii

Japan

Philippine Islands

French Indo-China

Chine

Ceylon

METALS.

Messrs. Pentreath & Có, have

forwarded us the following letter,

Hornby, Hemelryk & Co., Liver dated June 27. from Messrs.

pool:-

The Standard market for the week under review opened easy: Sellers pressed cash copper and prices gave way sharply, On Mon- day, however, a sharp reaction took place, which was sustained through- out the succeeding days, and, as will be seen from the prices quoted above, London closed firm last night, cash metal being 13/9d. higher on the week.

Good buying of forward by opera- tors with America connections was noticable. We understand that a large quantity, about 2,000 tons, was taken up on Tuesday, and it looks as though the squeeze for near copper is making itself felt. In the meantime, sentiment has been rather adversely affected by small arrivals for store. gards Electro, fairly heavy par- chases have been made by the Unit- ed Kingdom and the Continent...

As re-

Prices in New York are distinct y firmer on the week. The situa tion in"the United States is with- ous any special feature, although shares on Wall Street have been supported, by expectations of an early European demand.

A recent cable from New York states that a better domestic de mand is in evidence.

A further cable from New York, states that futures are dull, while exports are fair.

TIN.

ing and uninteresting, prices hav This metal continues disappoint

ing fluctuated within narrow limits during the week.

IVAN MOSJUKINE

EUROPE'S SCREEN IDOL AND STAR OF

"MICHAEL STROGOFF

in

A sumptuously produced picture full of exciting incidents and a "wealth of romance I

CASANOVA, THE PRINCE OF ADVENTURERS

THRILLS-ROMANCE-DRAMA ACTION-SUSPENSE !

59

SUPERB COLOUR SCENES!

AT THE S

QUEEN'S

TO-DAY & TO-MORROW

At 2.80, 5,10, 7.15 & 9.20;

PICTURES SHOWN AT THE QUEEN'S THEATRE ARE THE PRODUCTS OF THE WORLD'S LEADING MOTION PICTURE MAKERS: UNITED

METRO- ARTISTS, GOLDWYN-MAYER, FOX, UNIVERSAL AND PARAMOUNT.

A RAPID-FIRE ROMANCE OF THE UNDERWORLD!

WILLIAM FOX Presen

SQUARE CROOKS

with JOHNNY MACK BROWN, DOROTHY DWAN.

AT THE

WORLD

TO-DAY & TO-MORROW

“At 230, 6.18, 7.15 & 8.20.

ROMANCE AND REVELRY !

A lively story of love and the prize ring, .fold with startling · flashes of humour against a colourful Continental background!

THE

BOXER BRIDE

AT THE

with

XENIA DESNI

The famous German screen star.

TO-DAY at 5.30 & 9.20.

STAR

TO-MORROW at 2.30, 5.30 & 8.20,

HONG KONG STOCK

EXCHANGE.

CLOSING QUOTATIONE.

JULY 25, 1929.

$1,265 cm.

London ..£128 nom.

.......191 buy.

Mercantile Banks, A. ¿B.....231) nom.

Do..

P. & O. Banks

East Asia Bankı

as it is called, has as its object Chartered Banks the advancing of Tin prices, and, although it has certainly had an influence upon the market since its formation, prices at the close yea terday were lower on the week on general selling of three months metal. In the meantime, consump- tion seems to be holding its own, and Continental demand has im- proved slightly.

Canton Insuranceś.. Union Insurances North China Ins. NOT

[Pounds]

€13,730

1925.

1628.

*1827."

2,215,269 2,177,308 2,436,158 990,747 1,188,500. 1,071,877 417,772 928,041 789,211 1,693,660 1,765,196, 1,529,730 427,031 1,162,265 755,737 634,025 690,929

Further news is now to band re- garding the new Corporation with ambitious objects affecting the tin industry to which we made refer- ence in our last report. The Bri- HK. Banka tish & American Tin Corporation,

Da,

1,438,040

1,726,480

1,763,328

Netherland East Indies

7,254,623

9,274,105

吼

0254,233

Siam (1)

138,500

146,233

Cheese,

Territory of Hawaii

483,248

--

443.918 499,550

Philippine Islands

390,876

378,847

474,209

China

370,583

336,133

371,199

French Indo-China

425,708

507,499

464,730

189,156

208,114

295,090

British Malaya

327,600

324,464 345,520

Netherland East Indies

1,281,625

1,763,091 (2)1,876,797

Biam (1)

28,830

20,154

Fiji Islands...

27,118

32408

British Malaya.......

Fiji Islands

Ceylon

(1)-Year ended March 31,

10,008,013

187,300 " 216,933 170,927

22,688 32,849 (2) Java and Madura only,

The figures for 1928 are not yet prepared for publication.

at any time in

HONG KONG MARKET

REPORTS. :

every household. Every Bug, Flea, Ecetle, Moth, Fly, etc., dies Doce it has come into proper contact with

KEATING'S

Yesterday's quotations for rice and other foodstuffs were as follow:

Per Rice,

Picul. Common White, Green Beal... 87.72 Common White, Ma Tou. 7.63 Common White, Ching Chuk 7.67 Common White Rum Pium-7.00 Long Unglutinous, Hung

Kum On

7.32

Roundish Rice, Black Seal... 8.32 Reddish Cargo Rice

.0.41

Miscellaneous,

Course granulated sugar, No.

Sheet Copper ani Sheet Brass Natmeg Fishma....!

87.90 33.60 21.50

114.00

149.00

Dried Mussels, Splected- White Sesame

Dried bamboo shoots

Do

291

...£15) nom.

nom.

ཉན་་་་་ལ་

3904 zom, ..$830 nom.

324 buy.

1801 180 buy.

Yangtake Insurances....... $50 nom. Uhing Underwriters...... sel China Fire Insurances...8305 buy. H.K. Fire Ins... ...$770 nom. Our New York correspondents Douglases

.827 nom. cable that there is a firm undertone H.K. Stamboats.... in the futures market although Indo-Chinas (Pre).......

......$47) buy. little business is passing in actual

(Del.).$70

......$70 nom. metal.

Shell Transporta p 82/8 Bom, Union Waterboats.$29 sel

$3.10 bay. Benguets $3.10 gelen Mining Admin ...62/8 nom Langbats (combined).....Tiz 16 som.

(ingle)

Te, 9 bay, Explorations ..., 1 sel der the pressure of sales of, forward | Bhanghai Lo huw

At nome metal. International Lead produ

LEAD,

A week ago this metal was quite firm on good consumptive demand by Domestic consumers, but prices have eased off during the week un

12

cers are reported have arranged Tronoh ummif- buy. a meeting in London early next H.E. AK. Wharf un $197 buy.. month to discuss the formation of E., & W. Docks $32) 45. Cartel, their object apparently China Provides 450

Tay. being to regulate output in order Hongkow Tha, 163 nom. to secure more favourable prices."- Now Engineerings, Tim. 7 buy,

SPELTER..

Shanghai Doda

Book T. 123 bay. O Cotten. 2.80 bay,

***le, 14.40 buy. Quiet markets have ruled with | Oriental Cottons .... very little alteration in prices, 'hai. Cottons (old).....Tim. 77, toms. business with consumers being alow.

Do. (new)............. Tia, 134 no

The present situation will probably E.E. & H. Hetal .. $9.35 buy 8.55. pol continue until a better demand for EE

Land... $81† buy,, 62 sel. Galvanized sheets develops. The Shanghai L Lands ........Tim. 147 buy. 29.00 situation on the Continent is un-Humphreys Estates... $18.20 buy

18 buy. satisfactory and shipments to Bri- HAR. Ratios

KAK, Tramways . $18,70 bay, 18.80. tain have been somewhat larger.

18.30

10.00

Peak Trams (old)

$11.80 com. Bo. (zpw)..... ........$6,05 nom.

Star Ferrier

**

$84 com Übins Light, (old)...$14 buy, 18) col.

Do (new)... $1 BO H.K, Electricamen ...$65 35 buy.. Macao Electric...........$26-nom. Blandakan Lights

Chins Bures

Telephones...

(Prof.)

Singapore Tractions..............11/- sele

Do

Chins Sugart

Malabon Sugars Canton Ice

Cements (combined),

Do.

Do.

(old)

17 потр Tla. 143 buy,

20. buy.

95 stm, bay.

$2.10 bay.

18.25 sel

..$7.70 bay..

.327

(new).......40 nom.

ELK. Bopes? sol United Asbestos bay Dairy Farme

Der & Wings

Lane Crawfords.. Mackintoabs Binueren

W. Powell H.K. Amusements".

194 bay..

$11,90

now.

80 ct by. 81 11.000.

$13 bar.

..$18 buy.

$22 sel.

23 nom, ex div. HAK. Construction wall bay. B'que. Indus. G. & Bonda...541% nom, HK Cort Loans......7% prem, bay, bay-bayi sel-sellers; sa—ERİOL

WOODMEN DYNAMITED.

George Jordan and Joseph Hoskins, of King's Teighton, De von, were attempting to blow up... tree roots when charge of dynamite failed to explode.

Just as they were investigating the cause the charge went off Jordan's left hand was blown off and the other hand injured, and both men were injured in the eyea. Both are in a serious condition in hospital.