1932-07-14 — Page 3

Money and Markets

HONG KONG DAILY PRESS, THURSDAY, JULY 14, 1932,

Australia are British Malaya, Ne-ties for the expansion of trade in the Netherlands East Indice has pine Islavia. Trado with Japan trade to declins. A more valuable.

and hama, which, with the excep therlands East Indies, and Ceylon. these commodities, particularly in been well maintained, particularly and Hong Kong has been of a trade has been established in bacan The trade with the other Eastern view of the great improvements; in the tinned product. Approx variablo nature, dus in a large tion of a decline in the trade with countries has been small, but there which have been affected by export- mately 90 per cont. of the total immeasure to the importation of Man-the Philippine Islands, has re-

ets i grading and packing

ports of butter to those ports have churian cattle and beef into thesemained comparatively stable. The has been a tendency on the part

Butter and Frozen Beef,

been supplied from Australia. countries, and to the fact that the principal trade is with the Nether of exporters during the present sen-

Eastern countries have in the past quality of the meat is not of any lands East Indies, to which 4937 son to more fully exploit the poten. The volume of Australian butter proved to be valuable outlets for great importance in these countries centals of bacon and hams, valued The trade in mutton and lamb at £49,396, were exported during NEW YORK STOCK EPITOME OF TRADE tial markets in China and Hong exports to the East have increased considerable quantities of frozen

Kong. With proper organisation steadily during the last few years, beaf. A fairly constant trade has has been small, and in recent years 1929-30. A good trade has also boon EXCHANGE.

WITH THE EAST.

there are wonderful opportuni. The trade in this commodity with been established "with the Philip there has been a tendency for such built up with British - Malaya,

A.O.F.C. QUOTATIONS.

(REUTER'S AMERICAN SERVICE.).

30 Indus- trials

NEW YORK, July 12. LAST TO-DAY'S AVERAGE AVERAGE CHANGES

42.19 49.69 -130

20 Rails 11.10 14.20

10 20 Utilities 17.00 17.00 + .00

Messrs. E, A, Plorce & Co. Report. The market is, steady.-Business done: 700,000 shares.

LAST TO-DAY'A PRICE PRICE ***... $321

Air Reduction

Allied Chemical and

Dyn

American Cau

American Telegraphi

and Telephone

WHAT AUSTRALIA IS DOING:

WHAT CAN BE DONE..

The following suminary conveys a fair idea of Australia's present export trade to the East. It must not be supposed that because eer- tain classes of commodities are not being exported, or are being ship! ped only on a small scale, there is little or na scope for manufacturers of other products. Australia's efforts to capture these markets have been negligible in comparison with the immensity of eve oppor- | tunities.

We can't compete," which is nu 8331oft-spokon complaint of Australian manufacturers, has led to much undue pessimism in many quarters, 32 British, American, and Continental texporters entered the Eastern miar-

43

331

American Tobacco "B" 523 Aularn....

Borden Company

Druga, Ine

Enstman Kodak

General Electric

General Foods ..........

General Motors

International

714 -kets with the proclamation, "We 314 will compete:" and by proper or 32ganisation they have, in many cases,

211 achieved the seemingly impossible. It must be borne in mind that what is commercially true to-day

* BATETX-

Harvester 112 International Tel, and

ed in one country of the East at

will also realise that mass produc- tion in Australia can be easivat nt. tained by securing a large volumie

of trade in the Enst.

Favourable Balance.

Canadian Purifie

DR

Consolidated as of

New York

35)

274

may not be true to-morrow, and that goods which cannot be market-

Du Pont de Nemours 23)

231

371

the present time may and accept,

ទ

ance in others. Anyone with vision

21

B

112

Tel. Liggett

**

and Myers

121

Loew's Ine:

15

42) 137

Pacific Gas & Electrie. 18%

191

Pennsylvania Railway 72 Radio Corporation Sears Rock ........... 111

71

3)

***

31 11

Standard Oil Co. of

New Jersey

251

Sochny-Vacuum Corp, 71

7

Union Carbide and

Carbon stems 10%

108

Cuion Pacific

201

201

United Aircraft and

Trans.

#1

B

United States Steel 224

་་་

22h

Westinghouse E. & M. 174

1011

the quantities of wheat and wool, the figures also reveal an appreci able increase in the quantities of

Ex. dividend.

Possible mutilation.

The value of Eastern countries as markets for Australian pinducts) is strikingly illustrated by the latest figures furnished by the Del partment of Markets, showing the results of trade between Australia; and the East during the last two Francia!

These reveal that years.

an unfavourable balance to the ex- tent of £1,088,938 during 1020-30 was converted to a favourable bal ance of £7,410, 058 during 1930-31.

In addition to the increases in

tallow, enal, canned, dried and fresh fruits, timber, cheese, confec tionery, and a number of other lines of manufactured goods ex-

HONG KONG STOCK_ported during the period stated,

MARKET.

YESTERDAY'S OFFICIAL

QUOTATIONS.

Rates were further marked down market the yesterday morning, showing an easier tendency.

Sales.

Hong Kong Banks, 81,500 Union Insurances, 8450.

· Hong Kong Lands, $77. Hong Kong Realties, 810.00/12 Yaumati Ferries (Old), $34. China Lights (Old), 817.80/18.10 Cements (Combined), 817). Hong Kong Amusements, 819). H.K Govt. Lonas, 21% premium.

Buyers.

Hung Kong Banks, 81,585. China Fire Insurances, $600,

H.K. & W. Docks, 818). Providents (Old), 84.80. Ewo Cottons, Tls. 13.30. Star Ferries, 868. Yaumati Ferries (Old), 833).

Yaumati Ferries (New), 832).

ILK. Electrics, _8721...... Telephones-(P.P.), $22. Melabon Sugars, $20. Canton Ices, 80.7 Coustructions (Old), $6.

Bellers.

Ewo Cottons, Tls. 13.45. "China" Lights" (Old);: $18,

China Lights (New), $174. Cements (Combined), 817). Dairy Farms, 8201

In view of the full cargoes being lifted by vessels engaged on the various Eastern runs, it is confi- dently expected that the volume of trade during the present financial year will be even greater than that of preceding years.

country

of

An increasing trade in flour is being developed by Australian ex- porters with the East, and more particularly with the Netherlands East Indies, which with the exception of Egypt, is the largest importer Australian flour. British Malaya has also been a very large buyer of this commodity, while valuabl» markets have been obtained in Cey- lon, Philippine Islands, and Siam.

During the first nine months of the past financial year, the quant- ity of flour shipped to Eastern ports totalled 2,428,103 centals,

· More Canned Fruits,

A decided improvement in quantities of enuned fruits exported

to the East occurred during tas last season, 9431 cases having been. exported, compared with 7107 cases exported during the previous year. A feature of this trade, was the opening up of markets in China and Japan, to which countries 507 and 687 cases respectively wore CX- ported: Of the other countries,- In- dia took 1902 cases, Hong Kong 942 bases, and British Malaya 1183 cases, an increase compared with previous years; while 350 cases worl Bent to the Netherlands East In dies, and 100 casos to. Ceylon.

The principal countries of the East impoming fresh fruit from

NOW ON SALE

THE

133333333398

CHINA YEAR BOOK

General Information t

Area and population; coats, moun- tains and rivers; people and language:

fauna.

Greater China:

Mongolia. History, tribal organ- ization and government; Mongolian Affairs Conference; Outer Mongolia.

Manchuria.--Position and bound. aries, situation, climate, area, population, immigration, history and independence.

Tibet.-Geography, trade, history, Chiness Turkestan.-History, geog». raphy flora, fauna and trade; Turkestan Siberian Railway,

Mr. Justice Feetham's Report to Shanghai Municipal Council:

Origin, scope and methods of en quiry; government, history, description, business interests, political and adminia- trative questions and future of Foreign Settlement; suggested reforms affecting Ratepayers' Meetings and Council; origin, present status and future Outside Roads Areas.

Products (pastoral, agricultural and

general):

Wool, Skins, bristles, hides, furs, bones, cereals, soya boans, silk, cotton, sesamum, tes, oils, tobacco, fisheries, fibres, medicines, sugar, vegetable wax, straw-braid, nuta, timber, ogge, eta.

Colonies. Leased Territories, Concer

sions and Settlements:

Hongkong, History, goography, finance, trade, communications, justice, health, education and legislation.

Kwantung.-Aren and population, judiciary, ports and aviation, customs, finances and education.

Kwangchouan.

Macao.

Settlements and Concessions:-Now- chwang, Tientsin, Shanghai, Hankow, Amey, Canton.

Public Health:

National Health Administration patent and proprietary medicines; foldi health service, medical education, pre- valence of communicable diseases.

Climate of China :

Monsoons, typhoons, rainfall, temu- perature, earthquakes, etc.

Geology, Mines and Minerals:

Bock formations of varied types; Governmental legislation and activity in mining; coal, iron, manganose, copper, gold, antimony, tungsten, tin, arsenic, aluminium and non-metallic minerals.

Trade and Commerce t

•

Early foreign trade.-Origin and development of trade with Portugal, Netherlands, Soviet Russia, America, Germany, Great Britain (British Eco- nomic Mission), Japan, France..

Modern trade.-Manchuria, Northr China, Upper, Middle and Lower Yangtze Ports, const and river ports; customs likin; commercial tranties,

Imporist,

Cotton goods, yarn and raw cotton, woollen piece-goods, metals and minerals, machinery, electrical materials, timber, paper, petroleum products, chemical fertilizers, dyes.

Customs Revenue and Trade Statistics : Values of direct trade with foreign countries; foreign trade importe; exports of living animals, food and beverages, materials, manufactured products, gold, and silver.

Printers and Publishers:

1932

The China Year Book is the only publication of its kind in existence in China. Its 850 closely printed pages review China's political, military and trade activities in easy reference form; con- tain the latest treaty negotia- tions with Foreign Powers; a Who's Who of nearly a thousand prominent Chinese personalities, and special articles on such subjects as the Kuomintang, floods, labour, currency and like problems. Sino-Japanese relations are dealt with in a special section which con- tains all relevant documents concerning the boycott, the Manchurian question and the hostilities at Shanghai.

Mex. $20 net

Less than 10 per cent of the con- tents of the Year Book is contained in previous editions, the first of which dates from 1912,

Finance:

T. V. Soong's report for 1929.30; Budget 1991-92; national policy towards debts; Boxer indemnity; new law on sult; tariff autonomy.

Labour:

Conditions in agriculture, handicrafts, mining and modern industry; labour disputes; wages, hours and cost of living; Governmental policies,

The Kuomintang:

History of party activities up to February, 1982, fully documented; the Third Party Congress; opposition 'cam- paigns; reorganization of Central Gov ernment machinery; Chiang-Hu split; National People's Convention; resignation of President Chiang; Shanghai Peace Conference.

Religions:

Confucianism; Taoism; Buddhism;' Mohammedanism; Christianity (Nestor janism, Protestant and Catholle Missions).

Shipping:

Customs report, list of shipping lines and vessels in coast and river trade, Hong Kong shipping and freight in 1930.

Army and Navy:

Arms, uniforma and equipment; arsenals, arms embargo and cancellation ; strength and distribution of armies: foreign garrisons in China; Shanghai Volunteer Corps; Chinese Navy,

Sino-Japanese Issues:

Japanese and Chinese statements of principal points at issue, including report on anil.Chinese riots in Korea, Japanese invasion of Manchuria, dis turbances, in Tientsin, Japanese, seizure ot Salt Revenue; Japanese.cccupation of Hellungklang; Chinchow and proposed neutral zone; "Independence" movement in Manchuria; Shanghai hostilities. Peace agreement and preliminary report of Lytton Commission.

Chinese Government:

Position of the Kuomintang; Execu tive, Legislative, Judicial, Examination and Control Yuans; military organs; provincial, municipal and district gov ernments Provisional Constitution of the Political Tutelage Period; Revised Organic Law; personnel of State oun- cil, legations and consulates, foreign advisers, staffs, of customs, salt revenue administration, postal service.

Who's Who:

Including new luminaries in the Chinese political and other horizons, checked up, wherever possible, to May 1, 1992.

Educations

Comprehensive account of Govern. ment educational activities and Institutions; damage suffered by hostilities.

Public Justicer

How it is organized and administered; survey of modern legislation; list of courts, prisons, etc.

Miscellaneous:

Foreign, diplomatic and consular Bervices; passport regulations; insurance in 1981.

North-China Daily News and Herald, Limited,

KELLY & WALSH, LTD.,

BOOKSELLERS.

Appendices and Index

Box 707, Shanghai.