1930-11-12 — Page 12

12

Money and Markets

SAIGON RICE MARKET.

MAIL QUOTATION AND REVIEW.

CANTON TRADE

NOTES.

cattop

The

yarn market is moderate and prices remain normal. According to a Shanghai telegram, the market there is dull.

*

*

*

HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 12, 1930.

LABOUR PARTY'S

FINANCES.

DAILY SHARE QUOTATIONS

£25,500 IN FEES FROM 90 Bayam

TRADE UNIONS.

MEMBERSHIP ONLY HALF

THAT OF 1920,

Membership of the Labour Party at the end of 1920 (according to the report of the National Executive andamitted to the Llandudno Con-

81,570

HONG KONG STOCK EXCHANGE.

82.80

2.150

8472

$400

The Export & Import Co., Ltd., of Cochin-China bave kindly for- Due to favourable weather conference a 2,092,212, to which 81,100 würded the following review of ditions; there have been abundant ninety trade unions contributed The highest level of Saigon rice market and the October-sugar cane erops in the East River 2,023,543,

ever renched WIE November shipment quotations:-*` area and sugar retinorios have been inembership

busy,

4,358,807 in 1920.

An income of £25,863 was receiv ed last year from affiliation fees, the total from the trade unions be- ing £23,500.

Since the issue of our last report on September 30 this market has further declined, but even at the reduced limits hardly any business of importance has been registered, beerus ini apito of the drop in local values, wo are still much above prices ruling in Burma and as consequence whatever demand there was for Rice was filled by Rangoon shippera.

Our total exports to date amount to about 930.000 tons or about 170,000 tons less than the corres panding period in 1920 and in view of the poor demand for rice in the 'world, markets we are likely to have a carry-over of at least 100/150,000 tons into the new season."

Thero has been a fine demand for artificial silk by wearing factories. It is estimated tint thousands of 'pounds of artificial silk are import-

od fema Hong Kong daily.

W

+

··

The Executive reports that ex penditure exceeded normal conse Demand for both Chinese and by an amount nearly equal to that foreign sugar has been disappoint-st in affiliation fees under the ing during the past few days, and Trade Dispute, Act, but the deficit owing to abundant supplies, the

was met by transfers from the funds prices have fallen off. There are an Prospects of a revival in the near brought into being for the double purpose of fighting the General Election and enabling the Party to meet the financial crisis caused by the change in the law

future.

year. Corks' feathers of superior quality fetch 880 per pical, median grade 800 and inferior grade 820.

Cocks and ducks' feathers form ane of the principal exports to Our new crop prospects are ex-foreign countries, but demand by cellent and the "early" paddy foreign merchants a limited this should be coming on the market within the next 3/4 weeks and the probabilities are what there will be a further weakening in local prices, New Crops. The new Japanese the first rice crop according to official forecast will amount to about 30,803,000 Koka" or about 7,310,000 Koku more than in 1920.

1 "

more

+

•

"Our organised forces," the re port states "still withstand the attacks of our opponents. Our influence in the local life of the country steadily increases as our municipal groups come to power on the various local authorities,

SHAREBROKERS: ASSOCIATION.

Bellers

Sales Nomlast!

MONDAY, NOV. 10."

Bar

Balse

Bominal

! ! ! ! ! !

:::::::

$97

890

$14

***

TA

T.61

$261

EXT

£110

$18

Bank"

H.. Banks.....................) $1,676)

Do. (London)

Chartered Banka ...

Mercantile Bks. "A"

Do.

Bauk of East Asia..! $115

Insurances

26

出生

#113

"0"

⠀⠀

£17 *XXX £12)

Canton Insuranco.. $1,090

Underwriters

$2.80

North Chinas

T160

5+76

Union Insurances'... $470 M.850 Yangiezo Insurance"

China Firos

{

$1,090

!!!::

$40

راند

$1,100 HK. Fires........

Shipping

Douglas............

Steamboats ............

Indos (pref)!

Do. lot.)

Skell Transports...

Watar boata

Mining

$8.70 Banqueta.....

Kailans

Langkata (comb.)

Do. (single) Explorations...se

Shanghai Lonas.... Raubs

الارمل

Tronoh Mines

Docks, Wharvas,

Godowns, sto.

533

!!!!!!

$60 $400

FOREIGN MAILS

NEW YEAR PARCEL MAIL FOR GREAT BRITAIN.

The New Year Parcel Mall for Croat Britain will be closed in the General Post Oou at 6 p.m. on the st Novombor por as, Karmala,,

This mail is duo in London on the 37th Dooemuor.

CHRISTMAS LETTER MAIL FOR GREAT BRITAIN VIA MARSEILLES.

The Christmas Letter Mail for Great Britain via Marsellies will be closed

in the General Post Office on the 22nd November por s.e. Karmala as fellowe-

Registered. Mail.....9.45 a., 22nd November Ordinary Mail. 10.30 am., 22nd November,

This mail is dus in London on the Stad Docombor.

The public are reminded that dutiablo articles sont by letter post to the United Kingdom are liable to confiscation by the Customs there.

Christmas cards bearing not more than five written words may be orwarded as Printed Paper provided that the enclosing corer is left opon.

RADIO NOTICE,

Individuala and 'firms are recommended to register thale tale- grapho address at the Radio Office, No charge is made for this.

INWARD MAILS.

NUROPE TIA Negapatan (Lotters and)

*150

FROM

PRE

Dus

$43

328 83/0

SHANGWAL and SWATOW

JAVA

JAYA

Binkiang Tjibesar... Buitensorg

12th Nov.

14th Nov.

12th Nov.

STRAITS

Van Loules

19th Nov.

***

JARAH 31

Tulamba...

13th Nov.

$71.

Papers, London, 16th October)

....

Haruna Maru ...

14th Nor

T14.40

JAPAN and SHANGHAI

HI

$7,40

Ausinalta and Mamina

2.1.

JAPAN and Amor

Brahimi MurZA Taiping ... Tiihong...

14th Nov.

14th Nor.

16th Nov.

T.0

324

444

14/.

(San JAPAN...

Franciscu, 17th October)

Pres. Van BurOTO 12-

15th Nov.

JAPAN...

***

**

Bokuyo Maru

14th Nov.

++

Kitana Maru Wakasa Maru

17th Nov.

17th Nov.

U.S.A, Honolulu, Japan and Suano-

Frai. Jaoksön

17th Nov.

Ataula Haru

'18th Nov,

19th Nov.

91724 $5.40

EL

H.K. & K. Wharfa... 3170

$0.45

Providente (old) ... $5.40)

$0.45

$2,60

Do.

(now)... $x,50

$32

T.120

HK. Docks Shanghai Books ....

BRU

7.12

9271

1.286

**

ANC

The quantity of raw silk exported abroad from the city during last month was 4,120 bales each Lale con taining 80 catties. This is an in creuse of 1,180 hales over the pre- cending manth, Of this amount. The new Korean crop is expected 2.6 bales were shipped to the to yield about 10,300,000 "Koku "United States, 833 to France and or about 5,595,000 "Koku

1589 to England. than in the previous season, so that between. Japan Proper and Korea Some 139.815 rolls of foreign piece Ghero will bo about 12,905,000 goods and 110,824 yards of woollens "Kaku" more than in the last were imported into the city during As a "Kuku" is equal to 1 last month, being dw largest quan- about 334 lbs or say roughly 3 wt. Itities this year, and showing an we get to the astounding fact that increase of 14,046 rolls of piece those two countries will be having goods and 40,501 yards of woollenster things Internationally, thero about 1,935,000 tons more of rice over the corresponding period last than last year and if to those figures your. we were to add Formosa's increase of about 88,000 tons, the Japanese Empire will have a little over 2 nillion tons in excess of the quan- tity produced in 1929!

"Notwithstanding its minority position in the House of Commons, and the slenderness of its valiant $11.00 $11.88 group in the House of Lords, tho

382 3811

Labour Government holda on its

Season

We quote to-day as follows for shipment during October-November.

RUBBER TREES BEING FELLED.

RESULT OF LOW PRICES.

way. for Threatened men live long. and it needs only the support of our great united Labour movement to enable it to achieve still gren-

are few more powerful influences fer world peace than our Labour Government, whose magnificent successes amplify and help to ful- 61 the work of our representatives en the Labantr and Socialist Inter- national,"

881

3330

444

17.30 New Engiaceringa

Hongkoweveren Lands, Hotels, and Buildings

H.K. & S. Hotels H.K. Landa (old)... $14

Do. (DOW)...] $OU

$11.80

Do. કામ

(rights)

*

***

T.316

Shanghai Lande...

***

$9.40

$0.40

***

H.K. Healty $9.00

$18

$16

LEA

Humphreys

Chinese Estates

Ootton Milla

U.S.A., HONOLULU, JAPAN and SANGHAI

HAI (San Francisco, 24th October)...) AUSTRALI, and Manila CANADA, U.8.&., HONOLULU, JAPAN and į

SHANGHAI (Vancouver, BC, 30th Ost)}| Emp; of Japan

OUTWARD MAILS.

REGISTERED 'and PARCEL MAILS are closed 16 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 8 a.m. registered and pareci mails are closed at. 6 p.m. on the previous day.

**

FOR

L

PEI

Lámohou... Kidderpore

Tindari

Canton

Van Houles Trinar

Monado Maru Hydrangea

DATE and Tima

Wednesday, 13th

8.80 x 10,80 AM

10 30.AM

2,80 P

3.80P M

3.30 7 X

Thursday, 18th,

8 30 A # 3,000

Friday, 14th, Parcela

Noon

Holbow, Pathol and' Haiphong

Straits

Amoy

Haiphong

T.12

EWOS

T.2

Swalow...

Ath

1.82 1.91

Whai. Cottons..................

-44

Zoong Singe .....................

189 Ti

Алдар

Public Utilities

Tramways

Do.

(NOW)...... do

Peak Trama (old)... 834

Do.

(now)... $7

Star Forries 801 C. Lights (old)......

HK Electrics

Масло

Sandakan Lights ....

$351 Telephones (fully pd.).

Do (part pd. $22 1.18 China Buses -.................

Tractions Do.

*****...* 78s (prof.).......

$18

$26.70 $963

818.40

814

BUL

8871

$88 $67!

No.

RICK.

1 Pychow Long 25 per cont

brokons

80.00

1 Saigon Lang 25 per cent.

brokens

(THRDUGU REUTER'S AGENCY.]

.........

0.50

Saigon Round 25 per cent.

brakens

6.50

Ordinary European Qual.

23 per cent.......

0.50

2 Japan quality 40 per cent.

brokens.......

Mass Unemployment. The report declares that the Con- ference will meet in a period of unexampled economic unsettlement throughout the world. "nas un- $22.15 employment exists in Britain, in America, on the Continent, in the Dominions, and the distant Orient

226.66 4287

$802

843

8112

7/9

10%.

Industrials

6.30

T.101 Caldbeck, (or)

*

T10.40 Macgregora pret.)

Canton Icoa********

nd

5.90

Comments (comb)..... 816.35| $18.50

Do

+

Do.

fold (DOT)...

11.10

$0.70

***

Ropes

រដ្ឋខ្លី ៖ ៖ ខ្លី -៖ រដ្ឋទ

Hollow, Fakhoi and Haiphong Swałow ...

Etraits and Calcutta...

Swatow, Amoy and Foochow

G

$20.10 Fooohow.. $82 Shanghal, Japan and "EUROPE via Siberia

Straits. Caylon, India, Mauritius, *Each

and *Bouth Africa, Aden, Egypt and i KUROPE vis Marmiliss-dré Mar- | sollen, 14th December

200

Bandakan

Foochow via Swabor.

Hoihow and Bangkok ...

Borang Huiching ... Chinhua ... Haruna Mar

Fushimi Mars.

1

Hinnang Yulang

***

+

Letters

1,00 PM

1.00

3.80 PV

3.30 PM

Koroloon F. O. Reg. Lot 18th,9.00

4.30 P

G.P.0.

Bog, 8.45 Letters 9.30 ax

Saturday, 15th,

1020 5,00

Sunday, 16th,

Bwalow, Amoy and Formoss...

Manila, Australia, and New Zealand via)

Thursday Leland-due Thursday Island, at December ...

wabow, Amoy and Foochow Straits. East Africa via Mombaan and South Africa via Lourenco MarquesA and *South American Ports ...

Kiungchow Horan Maru

9.00 AM

*

9,00 AM

་་་

Tuesday, 18th,

Kilano Maru

Bairing Wakosa Yaru

Bøg. Lettor

8.45 AM

2 Java quality 50 per cent,

brokens

1 and 2 Saigon broken mix-

3 Saigon broken rice

BATAVIA, Nov. 1. Owing to the present low prices of rubber the native producers on the west const of Sumatra have started felling rubber trees and are preparing the ground for the cul- 8.00 tivation of rice.

Saigon cy, F.O.B. por picul of 134 SILK FILATURES SUSPEND power wielded over their follows

ls, gross including export duty.

Paddy:--Baulieu test tong, Long ordinary, Gocong best round, Round ordinary, Cochinchina low grade, Cambodgian white (long) and Cam Lodgisa red (lowest grade): Nominal.

Saigon cy, F.0.B. per picul of 130 fas gross including export duty packed in second-hand bgs.

GOLD SHIPMENT TO

AMERICA.

TO STRENGTHEN THE PESO.

(ERUTXE'S AMERICAN SERVICE.]

NEW YORK, Nov. 11. Five million dollars worth of gold has arrived here from the Argen- tina.

Financial circles are of the opinion that this shipment along with others to be arranged with the Argentina will be an important factor in strengthening the peso.

BANK SUSPENDS PAYMENT.

AMERICAN COMPANY IN DIFFICULTIES.

ITHROUGH REUTER'a 4orscr.]

PARIS, Nov. 11. The Munro Bank has suspended payment,

[RECTED'S AMERICAN SERVICE,]

New York, Nov. 11. The receiver in equity has been appointed for the John Munro Co., New York with French Branches,

proximately 'G:$6,000,000, assets at G.87,000,000.

with

WORK.

50,000 PEOPLE IDLE

(Wah Taz Yat Pao.)

SHANGHAI, Nov. 11. Over 50,000 workers have been thrown out of work in consequence of the suspension of work by the silk filatures here.

Proprietors of the filatures held a meeting to-day in order to the discuss relief measures.

EXCHANGE.

CLOSING QUOTATIONS.

November 10, 1830

ON LONDON:-

Telegraphic Transfer... 1/37/18 Bank Billa, on demand 17/18 Bank Bille, 4 months'

sight

1/3 9/16 Credits, 4 months

1/41

right Documents, 4 months'

sight

1/4

ON PARIS:--

Bank Bill, on demand 705

Credits, 4 months' sight 633

ON NEW YORK:—

Bank Bills, on demand 21 Credits, 60 days' night. 9j

ON BOMBAT:-

Telegraphic Transfer Bank, on demand

ON CALCUTTA 2 -- :

Telegraphic Transier Bank, on demand

ON SHANGHAL :----

Bank, at sight

On demand

B01.

co matter whether their trading system be protected or free. All stand us grim witnesses to the folly und falsity of capitalist economies, Loth ancient and modern. The

by the owners of land and indus trial capital, of finance and credit has never been greater than in these days of concentrated indus. try; yet, step by step, with ita con- tinued development has steadily marched the ever-increasing num. burs of the unemployed. hands, idle machines, idle labour- power, in face of world-wide nood, stand in their questioning array, waiting the national and inter national wills of the curumand their co-operative use for the common good,

rungses

$18.40 $12.00 $18,36

*#12)

+++

827

Idio

$271

1

526-1

$BI

3101 $3

$19

10

The powers of modern wealth production have outstripped all known history; the more sordid $12.40 aspects of its consequent poverty are mitigated to a greater degree than ever we have known; yet the problem of wealth distribution re- inning unsolved and challenging, awaiting the will of the multitudo to realise thoir, common powers, to exercise their common rights, to face their common responsibilities. Revolutionaries Not Admitted.

prem

China Sugaram

Malabon Sugara ...)

United Asbestos...)

Miscellaneous

Dairy Farms, our $27

Der A

Do, ex righta

Amusemente

38.76

813

811

810.90

849

-

rights 33

Japan

Manila...

***

822

Chin. Entertainm'ts! $11 Constructions******

Lane Crawfords ... Mackintoshs

831

+

Nanyang Tobacco... $3

$11.60 Sinceros $11.70] 812

Watsons...

#xas W. Powells.

B. Ind. G. Bonds... 65%

H.K. Gort Loans... $1041

LOCAL AND REGULAR OUTWARD MAILS.

The Executive gives a list of or ganisations that are not eligible for affiliation to the Labour Party. They are: The League Against Im- Cantor perialism, Left Wing Movement. Minority Movement, Workers In- ternational Relief, National Un- employed Workers' Committeo Movement. Friends of Soviet Rus- sia, and International Class War. Prisoners Aid. Members of these

ividuals are also ineligible an

nombers of the Labour Party, as delegates to conferences, and as candidates of the Party for * 894.

Parliamentary or local Government cleationa Tls, 80

...... 80% dis

置

ON MANILA-On demand... 03

ON YOKOHAMA I—

ON SINGAPORE : --

On demand

BOA

"

ON BATAVIA 1-On demand... 77 ON HAIPHONO ;-.

On demand 80 OF SAIGON:-On demand... ON BANGKOK:

Opdawand BOYERSIONS Bank's,

BAR SILVER, per us

36 11/10

WEEK DAYS.

FOR

FROM G.P.0.

Faox CHEUNOWAN BLOK PO.

SUNDAYS & DOLIDAYS

FROM FROX SEKUNDWA G.P.O.

Вилно

2.0.

Hasao & Teinsban

7.00 pa

Lonly

(7.15 m. 4) (7.30 nm, &

(7.15 a.m. &| | 7,80 mi 11.10 p.m.

11.80 p.m.

6.00 p 65,00 putti

7.15 m

***

Manila, Australia, and New Zealand vla Thursday Island-doe Thursday Island, and December...

Aleuta Haru

.... Emp, of Japan

..

Taiping...

Karmala

8.30 A K 1,00

1.30 F M

--

Wednesday, 19th,

9 30 AM

3,80

Thursday, 20th,

Parosla 5,30 พ พ

...Regist, 8.45 a m

¡¡Lattera 10.30 a 1

Friday, 21st, Komioon P. O. Farcols 4.80 X Beg-Sind,9.00 M ...Letters 10.00 AM

*Experscribed correspondence only.

Q.P.O.

Par. 21st, 8.00PM Reg.,2201,9.45 a M

| Imitar · 10.30 a DE

Strafts, Ceylon, India, Mauritius, East and South Africa, Aden, Egypt and EUROPE via Marseilles-due Mar- seilles, 20th December

(7.15 am, &| | 7.30 1.m. 10,00 p

17.00 pm,

9.00 a.m,

(0,00 D &

8.00

19,00 2m. £

10,00 prille $12.80 p.to.

& 4.80p.m. Baturdays 1.00 p.m. &

(7.15 am, &) [7,80 mm, &

6.00pm Sundays Bundays

(6 p.m. only 7.00 ps

1.15 p.s

Bundays 8.15 8. only 6.00 p

7.150, 9.00 ..

8:00 BLES,

11,0 mm.

(11.00am,

1 & 4,30 pm.)

8.30 UL 3,00

10.80 8.15.

1,00 mm

Bundowa

B.00.0 Lonly

6/30 p.m. 6,00

YOU KNOW

YOU WON'T WRITE

So why not send your old mess-mate a Weekly Press while he is away? Let us have his Address, and send us $8.00 and we will send the Hongkong Weekly Press and China Qverland Trade Report. to him

FOR SIX MONTHS.

Kongubon (axcept Baturdays) 6.00 p.m.

Kaukong (except Saturdays}"

Fatahan (By Train). To On the question of family allow Tai Po anges, the Executive submits the majority and minority reports of Bhumbún

....

the joint committee of the Labour Party and the TU.C: The T.U.C. adopted the minority report, which Cheungchow favours a devolopment of social services instead of payment of cash

allowances to others. The Lab Aberdeen cur Party Executive, while of Stanle

Autan Pingshan, Bat opinion that the development of Shado, Shataukok Torial Gerriegs-in of the highest ima မင်း rortance-considers there should boaikang.

of family allowances.

(Famin).

4.80 p.m.

8.80 1.

1.00pm

3,00 pr

20 pm.

لمحبة