1931-04-24 — Page 11

MARKET.

SINGAPORE STOCK Pennwais 59 to 01 cents and later nt 80 rents, Kinta Dredges-1.02), Kuchais 8 and 70 cents and Johans at 22 centa. Tronohe 'were done at 14/3, Takuapas 0/0 and Raubs ni $10.75, Malayan Collieries being a STEADY DECLINE IN TIN wenk market with shares offering. at 829.30. There is a bayer of Petalings at 83.00 and further Itaubs could be placed at 810.73. On, the selling side. Hong Kong Fins are available also Kampong Kamuntings, Lukuts, Toja Ma luyas, and a bid is wanted for u small parcel of Puchongs,

AND RUBBER.

Mezera, Fraser & Co., Singapore, in their weekly report, dated April

14, statc:-

HONG KONG DAILY PRESS, FRIDAY, APRIL 24, 1931.

WORLD'S BIGGEST

COFFIN.

TOMB OF EGYPTIAN

PRINCE.

Cairo. The largest sarcophagus in the world, weighing about 1,118 tons, has been discovered by the Pennsylvania University expedition Rubbers-Very little interest has excavating near the medium pyra- Teen taken in this section, Jeramid, not far from Eniro. Kuantans coming to business at 474 cents, Pajams 81, Mentakabs and 23 cents, New Scudnis from 90 to 99 cents and Malaka Pindus 10 and 80 cents. There is an enquiry for Jimaha, also Ulu Pandana and there are sellers of practically all the other stocks at quotations.

During the period under review both Tin and tuber have steadily declined in price and the little Lusiness offering has been further interrupted by the holidays. The Bill authorising the Tin Restric- tion schema duly received the Hanction of the Federal Council jesterday, and the individual quotas are expected to he ised in the near future. From a rough analysis of the March outputs do- cared by some of the Companies, Industrials, Straits "Traders it would appear that a surplus have remained very steady and are amount of ore was mined as com- unchanged nt $27.50. Straite Steam pared with the anticipated allot-ships changed hands at 8933 and ments on the 1920 basis, and nd 8233 cum, dividend and later at justments will presumably be neces-6223 on an ex, dividend basin, Gam-the so-called mastabas, where the sary later in the quarter.

The London and Australian markets remain extremely quiet and very few transactions appear to be taking place. with the Straits at present.

nons have been strong and on a rising market were taken from 810.30 to 817, S'pore Cold storage found buyers at 85,' sellers' over, United Engineers 87.85 and Robin pon. Orda. at 88.20. Fraser & Neave Orts, improved to 813.25, and there in unsatisfied demand

for

The payment of the unnal dividend and bonus by the Straits Stormship Co., was very welcome Wearnes, London prices are slight

נות

This gigantio sarcophagus is made of red granite, and dates from the Fourth Dynasty, about 2,000 B. C. It was found in an enormous sepulchral chamber of: massive construction, which partially uncovered by Sir Flinders Petrie some time ngo.

WER

The tomb is the seventeenth ofi

courtiere and officials of 'Snofru, the Pharaoh who built the medium pyramid, are buried. These are among the most ancient monuments of their kind in the world."

Many other objects of grint, im- partanes

from the Archeologien)

in view of the depressed conditionly firmer since our last report:standpoint havis born töiscovered by of trade generally.

Fhell Transnorts £1.2.6. British- Mining-Transactions have taken Ameriena Tobaccos £4.5.6, Hong place in Sungei Luas round 81.02)Kong Banks £108.10, Duffs 3/6, with further shares wanted, Rab- Tunlops 1273 and Imperial Tobarra man Hydraulics from-033 to 473, 121.8.9.

NAME:

Singapore

'DIVIDENDS.

Dividend

Tolai fur

Date year to Year

date Ends Payable

Books close 1031

Muni espal 5% Stuck

Straits Stenship.. 5% final

1920

1-5-31 17/30 April

al

5% bonus

15%%%

Great Enstern Life

Lukut Tin

.....

12 final 23L,

21 Dre. 114-31 31 Dec.

Talam Mines ...*...**

Kansan

2.W

Koala-Sidina

RAUB GOLD MINES.

SATISFACTORY PROGRESS

SHOWN,

The report of the Raub Aus tralian Gold Mining Co., Ltd., for the four weeks ended March 28, is follows:-

Development. --The total amount of development completed for the term, totalled 620 fect, as follows: Sinking, 60 feet; Driving, 4893 feet; Crosscutting, 013 feet.

The tomage mined and crushed for the period, amounted to 3,018

tone, and the recovery of fine gold për tou, equal 10'5 dwts., yielding a satisfactory profit.

The development work completed totalled 620 feet, widths and values being maintained throughout.

The Cyanide Plant treated 325 tons of low grade concentrates, for satisfactory profit, the tommage being lower than usual, owing to repairs to tube mill.

Bukit Koman Area:-The tonnage mined and treated from this area, total 1,978 tons, and development- 379 feet.

Anderson-Lilburne Arca: Ton nage mined and crushed 888 tons and development completed 50 feet. Derrick Area: The tonnage mined and crushed total 1,158 tons, and development 186 feet.

|

Construction:-New Bellis Mar- com Compressor and Synchronous Motor completed erection, and ia working smoothly. Receiver for air pressure at ronater completed. New Roller bearings put in 100 hp. motor at Syanide Plant, also beat- ing in Tube. Mill Piping for air to Rock Drills at B: Koman S. Bad Rock Drills installed. Excava tion for Cooling Tower made. Six tons castings completed. bumps installed.

Extra

Cyanide Plant-325 tons of low gold bullion, yielding satisfactory -profit...

Dredge:-3,500 yards dredged, day shift only, for 27'25 ors, gold bullion, showing profitable result.

Battery Tonnage: 40 Stamps worked for 27 days.

Bukit Koman Area Anderson-Lilburne Aren... Derrick Arca

Total .....

Amalgam :4,433 ozs.

Smelted Gold

Battery Cyanide Plant Dredge

Total

Tons

31 Aug. 24-4-31 20/21 April 31 Dec. 20-4-31–15/0 April 31 Dec., 11-4-31

31 Dec. 21-431 15/31 April

CANTON TRADE.

EFFECT OF NEW TARIFFS.

SWEDISH MATCH CO. IN

FATSHAN.

The following is taken from the Cunton Daily Sun: –›

Native made oil-paper and cloth umbrellas have greatly replace the foreign imported. onca, according ton toent store, proprietor. Ho asserts that not only home-mado umbrellas now find a readily in creasing demand in the homa market but are also exported in er large quantities to the South

Sen Islanda.

The demand for silk piece-goode in Canton has considerably in creased since the new customs tariff egme into operation which puts up the price for the imported artificial silk to such a high extent that the purchasers of the latter have adopt ed the use of homemade stuff in replacement of the former. I s reported that the silk factories in Shwatak and elsewhere are now working on double shifts to in. crease their output so as to enable them to fulfil the large number of outstanding orders.

Cheaper Firewood,

The North River being' navigable following abundant rainfall, large fleet of junks chartered by the local fuel dealers have been dispatched to these regions for the removal of firowood down to Can- ton. It is generally predicted that before the end of the month, the loen price for firewood may drop at least 30 per cont

the Pennsylvania expedition, one n.prince's tomb to the north of the pyramid. It is a pit nearly 150lt. derp, at the bottom of which is a sepulchre. Nothing, however, was found in it except a necklace, as the tomb had been visited, by thieves many centuries ago.

The robbers must have expected; to find a rich booty, for, to reach the tomb, they had to drive a tunnel slantwise over 100 yards Jong through solid rock.

Many hieroglyphic inscriptions were found in the sepulchre, show- ing that the inunte was Prince Niheb the name meaning "Belong- ing to Apis" It is hazarded that Prince Nibeb may be the son of the Pharaoh Snofru. The discovery is especially welcome as it adds a name to the reyal family reiging in the beginning the fourth dynasty."

JUDGE ON WOMEN'S "FOLLY."

PRICES FOR PERMANENT HAIR-WAVING.

It is folly, that women should spend money in this way," declared Judge Terrell at Bromley County Cont. when alluding to the varin tion in prices for permanent liair- waving.

His honour expressed surprise on hearing that girla were taught per- manent waving in London County Council schools.

"Are public funds spent for the purpose of teaching this permanent waving?" he asked.

"So I am instructed," replied Mr. Bensley Welis (barrister), who added that there was a Council training centre for hairdressing.

The plaintiff in the action, Miss Davison, of Brixton, who claimed damages from Mine. Jannette, of Shortlands, alleged that injury re- sulted to her head when she had her hair permanently waved in de- fendant's shop.

Miss Davison said that she had The Intust report by the Canton her hair waved for 10. municipal authorities discloses that Mr. Wolls: You know what the the number of steamers which en average price for permanent way- tered the city harbour during thing is ?-It varies. month of January, totalled 384 with 371,060 tons of cargo and there were alotogether 374 vessels with 361,100 tons of cargo which departed from Canton during the same month.

In London it varies from £3 10s.

to 453-No, from 158, upwards.

Witness denied that there was talk among the girls where she worked that they had discovered a hairdresser who did permanent Ewedish Matches Evade Duty,

waving at a marvellously low price,

She said that she had a "terrific' The Swedish Match Co., whose trade activities in the Jocal match headache shortly after leaving the market have been effectively cheekshop, and had to see a doctor while ed by, the recent now customs tariff on holiday at Ilfracombe,

Sho consulted doctors. in Ilfra- introduced by the Chinese govern.

seven ment, is reported to have bought combs and London up three of the factories in Fatehar months and had to wear bandages for the purpose of pushing its im on her head when she went to busi- She claireed £23 general ported product in the Chinese ness.

domages and £10 for lint. market.

for

Mr. Wells: Do you recognise that (this represents 400 packets of lint, enough to last you for ten years?— Thero was lotion as well.

This foreign match rival is an derstood to be planning the impor tation of materials from Sweden into Fatshan for the manufacture

What negligence do you complain of matches under Chinese brands. 1,278

By this means the Swedish made of -The electrie irons should have 588 matches, under the cover of Chin-een taken off immediately.

Mr. Wells said that the contract 1,152 ese brands, will be exempt from the

heavy taxes payable by the foreign was not with the defendant but 3,018 imported matches entering Canton with an improver who worked in

in accordance with the customs the shop, and who was allowed by her mistress to do such things for tariff now in operation.

friends for the sake of experience.

It is learned that the local gorom

1,703 85 ment has ordered-investigation to: 67 30 be made into the matter which was 27/95 reported to the Department of Fin- anco by 'the Canton Native Match -1,804:40. Factorios Association a few days

ago,

Defendant said there was always a certain amount of risk of burns when permanent waving was being done.

Plaintiff was awarded 21 guineas damages.

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