1930-01-27 — Page 11

Money and

HONG KONG TRADE.

WEAK EXCHANGE AFFECTS

BUSINESS.

The fortnightly report of the Hong Kong General Chamber of Com merce contains the following refer ences to the textile trade:-

Cotton Plece and Fancy Goods. The following reports have been received:--

With the approach of Chinn New Year dealers are principally eng aged in the usual Bettiernents. Clearances of staples have only been small. Spring cargo is now begin- ning to arrive, and there should be stently offtake after the market reopets, Manchester, prices are on. a very low level and the noension is favourable for buying, as the whole of the Lancashire industry in in great need of work. Unfortunately the continued weakness of exchange prevents buying on a large scale and little support can be given from South China at present.

Mid. An Spot, was quoted at 0.48d. in Liverpool on 23rd instant, and Eg. Sakel. 14.55d.

Another report atates:-

Since last reporting market ac tivity has been confined to purchases ol Spot and near lots of Shadow Stripe Poplins, Spry Brocades and other light Cotton Fancies, at prices showing advances on contract rates arranged last May/June for present arrival.

Woollen!.

Woollen The position of the market a largely a repetition of the last few weeks. Dealers realise that if they are going to buy for July/August shipinent, ordera should be placed without much fur- ther delay. There has been a little more enquiry, but the exchange pro- lem atil prevents netual business, as dealers seem to hope for better

rates

Markets

CANTON TRADE NOTES.

Large consignments of fibc-wood have been lately imported into Hong Kong frous Singapore at 02 catties for a dollar.

*

*

"The cotton yarn market remains slack. Neither local and country merchants are placing orders, as money is tight. Shanghai tele- graphic advices quotations there remain firm.

indicato

*

that

Due to the drop in exchange for Hong Kong currency, the price of kerosene has fallen by about ten cents per tin. The demand from

ountry merchants is very brisk, and local agents for the petroleum firms are, doing big business.

*

Manufacturers of felt hata have been and aro doing exceedingly well. Their goods are in great de mand, as they are cheaper than those of foreign origin. In spite of local competition, manufacturers are making very good profits.

The making of rattan furniture and similar articles in Namhoi dis.. trict has been declining on account of the high price of rattan, which in chiefy imported from Malaya, About 40 per cent. of the workers engaged in this line of industry are idle.

The sugar market has been ex- ceedingly active recently, demand being brisk. During the past few days large quantities of brown and white sugar have been imported from the country districts, and were old off rapidly. Prices are normal.

*

Merchants dealing in edible oils have been doing only a moderate business since last year. They declare that, at present they are doing only after Chinese New Year. Clearances have been rather limited, 70 per cent. of their usual business. but it is satisfactory to report that Groundnut oil, which is the prin the carry over of woollens is con- ipal edible oil in China, is main New- siderably less this year than hasly imported from Cheloo, been the ease since the 1925 troubles. chwang and from the East and

West -River

districts. Cotton Yarn,

Nothing Boing.

Nominal quotations are

lowa

No. 105.

No. 168.

No. 12.

No. 204.

..

8170/185. 495/205 185/150 205/215

The local brewers have been ad-

as fol, versely affected by the importation of large quantities of foreign' wine, People have developed such a fond ness for foreign wine that Chiner liquor has been in but limited de- mand. In country districts foreign wine, however, consumed in very small quantities, as the rural peo

le prefer their native wines.

NEW YORK STUCK

QUOTATIONS.

Markot saay,

New York, Jun, 17.

Businust done 2,670,470 shares.

Allied Chemical & Dye....

Allied Power & Light...

American Gin.

American Kolling Mill American Smelting American Tel. & Tel.

American Tobacco "B" American Waterworks Anaconda

Conda Loppur

Atlantic Refining

Baltimom & Ohio

Bethlehem Steel

Calamet & Heela

Canadian Pacille Railway

Chesapeake Corporation

Chicago Northwestern

Chicago

Rock Island... Chrysler... Cities Service, Common Columbia Gas & Electric Columbia Graphaphone Commercial Solvent. Consolidated Gas of N. Y. Continental Oil .,

***

Corn Product O Coty, Incorporated Curtiss Wright, Common

Davison Chemical

Du Pont de Nemours.

Hartman Kodak Company Electric Bond & Share

Eric Bailway

For Film "A

Gonumi Electric

General Food

General Motors....

Qoneral Railway Signal

Gold Dust

1000

the

Goodrich Rubbor Goodyear Tire & Rubber

Granby

Great Northern Cortifiestos Haygait...

Jan. Jan. 18 17 205

... 271

41

12

NGI 8

741 70 200 2184 205 207

2

05) 91

FO 701

361 36

115 1161

DÍ 04

80 201 1982 1971

as enj HD 641 117 1

344 34

26

*

THE HONG KONG DAILY PRESS, MONDAY, JANUARY 27, 1930.

The quantity of coal imported during last nonth totalled 47,956 tous, showing no increase by 1,581 tens over the peeding month; Demand for coal during last month was exceedingly bravy, and prices rose by about a dollar per ton. The total quantity of coal import-

last month consisted of

2.160

tous of Indian coal, 13,999 tons of Formosa coil, 6.112 tons Fushun coal; 4,650 tons, Keilan coal, 8.458" Dutch Indies coal, 10,004 tons Hai. tons Japanes phung mai, cua

coal, and 100 tons Kwangtung coal.

CH'NA'S CREDIT,

AN IMPORTANT STEP.

New Yonx, Jan. 17

Commenting editorially upon the

action of the Chinese Minister of 2018 Finance in doing away with the ... 101 10 haikwan tael as

21 211 imports, the New Yurk Herald.

Imperial Tobacco Co. of Canada International Cement... International Comb, Eng, International Harventer International Nickel

27 201 so so

30

112 113

1807 180

83

Caq. 57

2481 215

461

47 37% 381

A

93

01

IMPORTS-PRICES CURRENT.

The reports and pricecure published ni supplied by Importers, and the Chuber cannot accept responsibility for tts accuracy theroof.

IRON AND STEEL

Angles

Hola

Jolata

beats

Plates

Matail

DAILY SHARE QUOTATIONS.

HONG KONG STOCK EXCHANGE.

FOREIGN MAILS.

RÁDIO NOTIONS

The Radio Office, where fall' information' concerning all wirgises seeTİQDA may be obtainel at all times, is situated on the ground flour of the P. & 0. Building in Do Yœax Road, next to the General Port Office.

Individuals and arms are recommended to register their telegraphie ad- dressed at the Radio OEco. No sharge is made for this,

SHAREBROKERS' ASSOCIATION.

Bellun Buyers

Bales

Nomina

SATURDAY, JANUARY 25.

Bayar Bellar Balm Nominal

QUOTATIONS, Continental.

Steal Nail Eods... por picat Steel Bars

Banks

46.80 6.10

6.05 $1,310

EK. Banks

$1,310)

5.6

£15

4.90

£17.

£28

110

14.00 896

Do. (London) Chartered Banks... Mercantile Bka. “A”

"Do. Bank of East Asia...

£191 £34]

"C"

£15

$94

6.00

7.00

Insurances

alvanized

19.80

Black Tubos / ...Dienst 721% t.kf,

Wire Nalla, 1.

per pical Galvani corrugated this.

24/20 ... pez 100 lb. 240$8,00 Galvanized Bat sheats, 1/32”,

1/0... ... per 100 lbs 20 G$0.00; Galvanized 1/32 2 47x0′ por Ib. Galvanized wins 18/22 por picul

43%

$715

.41%.

Canton Ins.

2715

$$

Underwriters

$1.65

T160

+1

North China

SHANGHAI & SWATOW

T160

STRAITS

$378

Union Insura

$375 $380

$3.80

M.830 Yangtaze In......

1940

China Fires......

#310

13,80

$826

H.K. Fires.

$825

13,10

British,

171

18

181

23,30

Swedish Bars Small round rods Hoops, black stee!

தமிழ்

LEAD

B.M., Spot

To arrivo Australian-H.H.P., Spot ** To Artitu

ZINC Suara, 8x4 TIN PLATES:-

FL

English I.C.W., 207 ± 14,

100 lb, Spot English 1.C.W., To arrivo" English 1C.W, 1847 x 147,

110s. Spot English I.C.W., To arrive

por box 11.90

Continental American I.C.W. (Spot)20) x 147

100b, 12sheets per box...No stocks American ..W., To arrive 20" x 14"

100 lbs., 115 sheeti'... per box ́ 140

Petroleum Products,

WHITE BOSE BRAND COMER BRAND Cock EAGLE BRAND

2 tins 3,60 per bulk 200 Setor Moton GASOLINI... per cane 6.83 SILVER LIGHT Chows BRAND 68 1b, pur 2 tins 8,50 3 i. galls. 68 lbs per bulk 200 CROSS BAND 71. per 2 tins 3.24 8. galls. 71 lbs. por bulk 281 partina 3,42 LAMP GLASS

M

...

SHELL MOTOR SPIRIT

跨

!!!!

Shipping

T13.60 Langkats (comb).

Godowns, etc.

Hoagkews

Cotton Mills

118 11

Ком

INWARD MAILS.

LOOP VIA NAPATA (Papors on:7.1 London, 26th Dea, 1919, and parcels 17th Deo. 1989)...

U.S.A. (San Francisco, 3rd January

HOROLÜLU, JAPAN & SHANGRAI

18th JAR

REGISTERED and PARCEL MAILS are dosed 15 minutes

earlier than the time given below unless otherwise stated, and where mails aro advertised to close at or before 8 am, registered and parcel mails are closed at & p.m. on the previous day."

FOR

Pres. McKinl Καλπούτ

**

10.30 AM

9.30 7

5,10 P

PIL

Бл

tinan

97th Jun.

Tukliwa

With Ja

Kashmir

17th Jan.

Pras, Jeferson

101

27th Jan.

SHANGHAI & AMOY ...

Shanei

28th Jan.

JAPAN

Nellore

1th Jan.

$25

Douglases .....

324

JAPAN & SHANGHAI..

Sphinx...

8274

Steamboats

CALCUTTA JE STRArts

•

t

Nam Sang

29th

.An.

$43

Indos (pref.)

$70

Do. (def.)

350 $90

96/3

Shell Transports

3231

Water-bouts

1180

Mining

EUROPE VIA 1: (Letters & papers, Lon-]

don, Yad Jao, & parcela, 16th Dec, Maratonia 19:9) U.S.A. (Seattle, 11th Jan.), O`NADA,

JAPAK & SUASPHAL Canada (Victoria, B.C., 11th Jan.)i

S0th Jan,

མ

Free. Grant

31st Jan

.12.20

32.10 84.70

Benquets..

4.8.4. HONOLULU,JAPAN & NHANGHai]}"Emps, of Aria HAMILA

2nd Feb.

Free Jagerson

3rd Feb.

59/6

Kailane

64/-

T.14

T

Do. (single)

T1.30 Explorations..

To

Shanghai Loans

T.S T.14 T.3

OUTWARD MAILS; -

$131

| #13}/1}

Raube

$13

Tronoh Mines

10/-

Irk

British. ...por case $4.03

Docks, Wharves,

3.90

1

3.63

H.K. & K. Wharfa... 8148

$1454 $5.30

$5,35

T.123)

Providenta ......

$5.40

331+

H.K. Docks

8801

Shanghai Docks

---

New Engineerings

7105 T.71

PEL

Daen & Tran

T

1.198

Monday, 27th,

per caso 6.83 partins 6.68 $18.60

4.09

T.85 Per bulk 609 per galton (ex purup) 0,61 Texaco "SCALE

por caso 3,80 "YIN FOO"

3,62 "TRIACO AUTO WAILINE" "

Coals. KAIPING-No. 1 Lamp

Nut Coul .No. 2 Lamp No. 1 Slack No. 2 Slack

Flour

$161/50

Ewos

T.161

Japan and *South Americaɑ Ports and,

*EUROPE ris Siberia

S'hai C'tons (oki)........

T.83

dwntow

T54

T.10

Zoong Sings

Do.. (new)...

1.55

Haiphong

Bokuyo Haru Hydrunga Janton

230 f

༔ ་ན་

་་་

To

Lazda, Hotels and

ispan, obalul. USA, Canada, C. &

B. America, & EUROPE via Ban Fran- cisco dusSan Francisco, 19th Febensry]

Parcels

3.00 PM

Pres. McKinley

Reg

4.15 Y

Beg.

6,00 M

QUOTATIONS

Buildings

$15.00

3122

$12.50

15,00

11.00

3801

1

0.01.200

N.TO

8651 811.60

H.K. & S. Hotels H.K. Lands

812.63

8127

Shanghai & *EUROPE via Biberia .. "Shanghai & *Japan ... Snatur ...

Lettere

6.00 %.

$.00 P-

500

$651

Shanghai Lands

·H.K. Realtys......

381

814.10

Humphreys

$14.30

Chinese Estates

108

$4.10

Public Utilities

3.35-3.65

3.40-3.70

360-LG $18.89

$18.00

F75

· -4.00-1 10

$6.05

Penk Trams (old)

Dr.

Tramways.********

$182

$11

(now).

...

4.00-10

3.20-3.30

973

Star Ferries....

8721

1.10-3,310

322

3921/2

Do. (new)......

2.00-3.00

zud Clear..."

22.85-3,90 $711

H.K. Electrica

3714

8711

Saigon

...

$23

Macao do.

Manila

140

co0,000 bags 130,000

Sandakan Lights ...

$0.65

$0.65

Telephones.

$0.60

20,000 T.101 700,000 bagi

China Buses ........

Japan

10/-

Tractions

9/-

414

Do.

19/-

***

(pref

Shanghai

WINDOW GLASS---

Fair average sizes

T.11

Caldbeck, Yord.).

per box $6.70

T.10 324

Macgregor (ref.)}

Manila, Sandakan, Australia &

Zealand vis Thursday' (skar-due Thursday Island, 15th February

New

Nellore...

Cantou Ices.........

1/ (27 018.) -

15.50

$182

$1537.36

Cements (comb.)... $151

$15.30

China, India and Straŝta Produca. SeCAE

3111

Do

(old)...

Do.

$32

{nuw)...

337

Java Rough White... per picul $7.4947.78 $7.80

(Reported exles 42,607 picals, Spot) Java Kough White...per pical

$7.65

Ropes

$7.80

81

China Sugars

Straits, Ceylon, India, Macritice, E. & S. Africa, Adeo, Egypt. & EUROPE via Marsailles--duo Marseilles, 29th February

Bluntra...

$7.53

$47

Malabon Sugare...

829

(Esported salon 1,650 picule. To 35

arrive during Feb., 1930.)

United Asbestos...

Java Fine White ... perpiční. $828-83 (Keported ales 45 picule. Spol.) Java Hoagh Brown...per picul 17 28-7,46 (Reported sales 11,518 piculs. Spot.) Java Mlolaanes

perpicul 18.33.66i| (Reported sales 4,817 picula, Spot).

Miscellaneous

$221 $0.80 $28

$2.20

Tit

Der A. Wings..

Amusements

828

31.30 Constructions

$18

$12

Lane Crawfords .... 31ackintoshsinar Nauyang Tobacco... 84 Sinceres (old) $10

(e)

81,10 $3

$11.40

Watsons Wm. Powells...

89+ $11 $2

60%.

5%

prem

QUOTATIONS:

American Patent ...per sack

Straight... Cut off Australian No. 1 No. 2 No. 3 Canubian Cut of

Straight ... Mixture

, STOCK:

"America...

Canadiau.... Australian..."

MARKET-Very dull and wenk

Sundries.

1/10 thick

*

regards foreign CURTAILMENT OF COPPER

Tribune to-dny expresses the opinion that this is probably, the beginning of an important step in China's economic life.

Officials of the American Asiatic Association declared that China's decision to place foreign import tariffs on a gold basis was n seri

ous blow directed at silver as a medium of exchange...

It is calculated to increase prices of American products in the in- terior of China, according to the Association, and it will further

42 40 63 62 G3 514 weaken the country's credit,

The opinion was expressed, how. Unq. Uaever, that it will prove a Bound Ung. Uną.

67 Eng move eventually and will build up the gold reserve and help pay off BI 81 the Chinese national debt...

347

Gi

Southern Pacife Railway Standard Gas & Electria

36

International Printers Ink International Prod. Com. International Tel, & Tel

Ung. 401

Unc.

Unz.

731 701

Jonny Manzilla

131 1281

121 121 ... 117

Kennecott Copper

561 56)

Standard Oil of New Jersey

... 101

100

74

72

Tozna Corporation

000

121 12

90

894 America...

Lambert Company Lehigh Valley... Liggett & Myers "B" Madison Square Garden Missouri Facific (Com.) Mentgomery Ward

Novada Consolidated Copper ...

Now York Central

Northern Pacific Bailway Pacific Lighting Packard Motor Car

Famous Lasky

The Railroad...

Corporation...

Phillips Patrolanaz Public Service of N. J. Radio Corporation Rending Hallway Reynolds Tobacco Sears Roebuck ...

Shell Union

Bimmons Compazy -

B"

114

Southern California Edison

Standard Oil of New York

Texas Guit Sulphur

12 Timken Roller Bearing

**

42 Union Carbido & Carbón.

25 2 Union Paulo Ballway..."

171 100 United Aircraft & Transport

851861 United Dry Docks

8087 17.3. Realy & Improvement

623 62) 3232 532- 531

431 431 817-80

E16 317

40

81 81 621 62

PRODUCTION,

BUTTE, MONTANA, Jan. 17. Necessary curtailment of copper production has resulted in the clos ing of portions of the Anaconda Copper mining Company's proper. ties.

Closing of the original mines in addition to tlie Leonard Company holdings has caused formulation of plans by these interests, together with the Anaconda management, for employment of men in rotation in order to reduce possible hard- ship due to unemployment.

$113

งง

C. Lights (old)...... 222

Industrials

Dairy Farms......... $22

Do.

B. Td. G.S Bonds... 614% H.K. Govt. LOAD

$105

LOCAL AND REGULAR OUTWARD MAILS.

The general surplus of copper increased 88,000,000 lb. in Decum Canton ... her, despite increased demand.

EXCHANGE RATES.

[BRITISH WIRELESS SERVICE.]

Paris 'Now York

Iyoifaru Fred

Mawang...

Prei. Jeferson

1.80- 130

2.00M

6.00

Shanghai & Japan

Jara via Batavia

aigou, Ceyton, India. Mauritius,

East and South Africa, Adan,[ Sphina

Egypt & EUROPE vis Marseilles- due simrevillen, 28th February

Sandakoa

Fort Bayard, Heihow, Paklei & Haiphong Tonkin

te, Amoy & Fouchow

Japan, Canada, U.3.A., C. & S. America & *FCBOPE via Victoria, B.0,— das Victoria, B.C., 21st February ...

**hanghai and "EUROPE via Siberia Manila

Haining any

Pong Tong

Nam đang năm sáng

Tanoday, 29th,

8.30 AM 103)

Ecolon PU.

Reg. 1.00 PM

L⚫ctors 1..WP

G.J.0.

Bg. 145 v Letters

2.30 r.M

3.30 F 4.3J x

Wednesday,29th,

.elters

5.00 -

6.00 M

31st,

Friday.

arcele 9.00 -

9.45

a.eg-

etler 10.30 AN

Koroloon P.O. rar,316, 9.00 a » Gesp., 1st, 9.00 a M ... < |Lmitare 10.00 a ■

G.P.O.

{Pac., 31st, 9,00 × M Reg., ist, 9.45 a m Letters 10. M --FEBRUARY- Saturday,

1st, 10.30 AM

Monday, 3rd, Parcel 3.00 1 Pres. Jeferson jag. 4.157.

Amoy

Maui s

Bangkok

jwatow, Amoy and Foochow

Anking: Pros. Grant

Lettere

10.30

.3,20 P -

Letters Bex.

0.00 4.00

Pres. Jefferson Ensuress of Asta in

i

8,00

Kaying Hatching...

Straits, Ceylon, India, Mauritius, E. & S.);

Afrio, Kgypt & EUROPE via Mnr. Achilles voilles-due Marseilles, 7th March....

Tuesday, 4th,

$80. 15 110

Kowloon P.O Beg. 1.00 P Latter · 1,00 p ̧u

Q.r.o.

Reg. 1.46. Loiters 3.3"r

6.00 M

Chakeang

insang...

Thursday, stb,

10.30 Ax

H

Friday, 7tb,

1.0

WEEK DAYS,

FOR

Frox

G.P.0.

FROM SHIUNGWAN BRANCH P.O,

6.7.15 am, & 16.00 p.m.

7,90 1., 7,00 p.m.

716 m. 5.00 p.m. Bundays 40p.m. only 700 p.m.

Lolly

SUNDAYS & HOLIDAYS

From FROM SHIUNOWAN 0.2.0.

BULANCH P.0.

(7.30 cm. &

7.00 p Bindaya

Svatow...

Sindakan

Swalow, Amoy and. Foochow

***

Superscribed correspondence only.

7.16 am.

1.0) a.ra. (9.00a.m. &

2.00 pm. 19.00 am. 3,00 p.m. (12.80p.m..

& 4.30 p.m. Saturdays 1.00 y.m. & 14.30 p.m.

8,30 2.

(7.18 .m. &) (730a.m.'&

1,15

130 p.m. Sundays 8.40 a.in. Lonly.

8.30 pm.

8.10 m. Lonly

8.00 p.m.

7,1% 13.

3.00 д

9.00 a..

110a.m.

(11.00a.m. {& 4.30 pz.

8,30 m

6.00 p.m.

WHEN YOU ARE DUE FOR LEAVE

Send a Chit to 11, Ice House Street,

and order the Hongkong Weekly Press to be sent to you fou

Three months

Six months.

Macao & Trinakau

(7.15 m. & ƒ 730 a,m, 11.15 p.m.

11.30 p.m.

Roay, Jan. 23,

123.89

Kongmoon (except Saturdays) 5.00 p.m. Knakong (except Saturdays)...

aco p..

· 6,00 p.m.

3

4.888

Fatahan (By Train)-

1791 189

50 531

150 145

Brussels Geneva Amsterdam Milan Berlin... Stockholm Copenhagen Oslo

34,035

Tai O

25,185

12.10

Tal Po

92.09

Shumchun

20.305

18.13

18.195 18.215 34.60

Cheungchow

274

Buenos Aires Bombay

45.

Prague Helsingfora

1/5 20/32 2/0 1/64

Madrid

1047 1933 37.345

Abordeon

Stanley

1.00 pm.

1.00 p.m.

Autan, Pingshan, Saatin,

Lisbon

108.25

Shatin, Shatankok- and

8.00 p.m.

10,30 am.

Twelve months

Athens Bucharest

375-

Shoungehui

818

Saikung****

4.30 p.m.

4.80 p.,

20 9/10

201

Rio

54 (Continued on preceding column),

Namtau, Bhekil & Taiping.

(Famaic)

:7.00 p.m.

700 p.m.

Ung. 14.8. Steel

03

53

77

17

7

1st 13

32 92

85) 831

891 ... 1231-199

GO ᏃᎯ Ꮣ

84

Bi

221-221 801 87

00:00

(Continued on meat Column.)

Venndium

Westinghouse B. & M. Com. ...

Shanghai

Hong Kong

Yokohama ......

Silver (spot); .....

Silver (forward)

2/09/16

Vienna

$3.75

$7,50

$15.00