1932-09-10 — Page 4

Daily Press 孖剌西報 All

Peninsula Hotel

B

SYMPHONIC CONCERT

Programme

PART 1

....Thomas

OFERTURA. ... ... Raymond.. WALTR. Hanatiful Spring........ Linta 32ACTION.. The Blue Paradise.... hamburg.

INTERVAL

PART 11

Bs the tomblood on beares IT Manyka

L16, and the tat Rise The Balk

T: Kako, BROZAM I

Conducter-J. Lee, ..., LX.

A fishes of Le Cel

1. TO DRAMATIO SYMPHONT ...

The Unnisbert). ................

A B

Qavalcade....der Conard 3. GRAND DEACRIPTIVE OFERTER 81

(Bolenella). Taikowsky. they red of the Ch

ng with the volume Myth of The French troops water?

wet spot fo

12+ palstar and the warlaris

Parabostring. The finds t

Riť jigmen -- besaja

INTERVAL

PART III

CHITTANY to a

ARAD.. 1 Miles D'Arlequin,

2 For 18 THE FORZAT (Echo-Cornet Bala)

13714

FROM

TTEM

"The Fleshy" ......

rigo

COMEDY-Orka

Conductor of Parte 1 and Frim

H.A. GALLA

SUNDAY, 11th SEPTEMBER, 1932

commencing at 8.45 p.m.

The Hong Kong & Shanghai Hotels, Ltd.

HOLLANDIA'S

WORLD-FAMED FLOWER-BULBS

o o o. Order your Bulbs direct from Holland's 。 o o best Bulb Farm.

Encouraged by numerous ordere lately received from your country, we have decided to expand our business and maintain a permanent market for our world-famed collections of Dutch Flower Bulbs for home and garden.

We are therefore making the following attractive offer of a new selection of varieties, made with special regard to suitability to The collection your climatic conditions by professional experta will be found to be unique for its skilful combination of rich colourings with delightful scents.

BY TAKING ADVANTAGE OF THIS SUPREME

"HOLLANDIA" COLLECTION, YOU CAN

MAKE YOUR HOME & GARDEN A FLOWER-PARADISE FOR 25/-

In view of the large number of orders which come in daily, we kindly advise you to order carly. Plenso write your name and address clearly on every order. All correspondence, orders, etc. must be strictly addro:sed to:

HARRY BRUHL, Managing Director of the BULB-NURSERIES “HOLLANDIA " VOORHOUT BY HILLEGOM-HOLLAND-EUROPE. Our magnificent collection consist of :-

6 dozens of DARWIN TULIPS, in 6 Fine colours COTTAGE. TULIPS, in 4 Fine colours

2

"

1

"

P

1

18

»

11

JF

"

5

*1

"

LILY FLOWERING TULIPS

DOUBLE TULIPS

Hyacinths For Pots, all colours

Hyacinths For Bedding, all colours

Crocus in various fine colours

Snowdrops, the "Queen" of Spring-

flowers

Iris in various fine colours

Jt

"}

Muscari (Grape Hyacinths)

JJ

J

Scillas, sweet little flowers

2

"}

1J

Narcissus (Daffodils) all, kinds

386 Flower-Bulbs

14 "Hollandia Novelty Bulbs" FREE

© HONG KONG DAILY PRESS, SATURDAY, SEPTEMBER 10, 1932.

NANKING SATIN INDUSTRY.

CHANGING CONDITIONS AND DOUBTFUL PROSPECTS.

Money and Markets

NEW YORK STOCK HONG KONG STOCK

EXCHANGE.

A.O.F.C. QUOTATIONS.

For many centuries Napking has enjoyed the distinction of making the best qualities of Chinese satin, and during the Ching dynasty re- ceived a subsidy for supplying the Imperial Court with various de-Dow Jones Averages:--

scriptions of satin. With the fall

New York, Sept. 8.

Sept. Sept.

8. Chunge, venue was cut off, but the satin in-30 Industrials 79.93–77.40 2.44 down dustry; remained prosperous, and 20 Rails 39.06 38.33 .71 down

of the Manchus this source of re-

......

*

Report.

MARKET.

WEEKLY REPORT:

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

Buyere Bellora

bairs "Nostal

***

The bear movement referred to in the previous week's summary would seem to have exhausted it- self early in the current week, and rates became more stabilised and less subject to violent fluctuations. Latterly, an upward trend is mak- ing itself felt, and China Lights, Cements and Hotels close higher #1 on the week.

up to 1919 there were 9,000 looms 20 Utilities., 30.11 34.71 1.40 down in operation, with about 50,000

Messrs, E. A. Pierce and Co. operatives. In recent years, how- ever, largely on account of the in- crassing preference among the The setback is due to the unex Chinese for woolen fabrics, the pectedly brisly Government cotton Batin industry has been on the dec-report. However substantial buy-have moved up substantially, elos 101 lino.

In 1831 there were 20 firms in |the city engaged in the satin busi-

ness with total capital

of $84,340. Only 405 looms were then in operation, and the number of

Allied Chemical and weavers had decreased to 620, Wages

Dys are paid on piece rates, a wenver American Can receiving from 810 to 85 for a American Telegraph & bolt of satin, while the dyers who Telephone ....................... 139) handle the silk before it is made American Tobacco into satin receive 4 cents for every

"B" liang of warp silk and 7 cents for Anaconda Copper Min-

ing a liang of woof. A bolt of satin

Auburn

350 Flower-Bulbs DOUBLE THIS COLLECTION

for 25/-

(700 Flower-Bulbs) for 45/-- your own choice of colours can always be considered, Prompt service; delivery never later than one week before planting-time. Delivery. FREE of charge at destination. A certificate of health is, furnished with every order by the Phytopathological Service of Holland." All varieties are packed. and labelled separately. Illustrated Cultural Directions in Eng.. lish, French, or German are sent free with orders. All orders must be accompanied by remittance, for the full amount and should bo addressed as above." Special terms for wholesale orders.

THE LEADING FIRM IN THE BULB-INDUSTRY,

A Job?

Consult

ime

WANT ADS

AMERICAN-ORIENTAL

44 to 50 in length and 31" to 50" in width is valued at from $10 to $100 and of 40 to 30 in length and 24" to 38" in width, from 830 to $100. A piece of figured satin 24" to 29 in width and 90 to 70 in length is valued at from $30 to Eastman Kodak $100. The total output for 1831 General Electrio was 0,480 bolts, worth 8421,700.

Principal Markets,

FINANCE CORPORATION

Agenta in Hong Kong

Lands Limited

Gloucester Building. Telephone 28880.

trie

A certain amount of Nanking stain is consumed locally, but Pei- ping and Manchuria are the prin cipal markets. Satin is sent from Liggett and Myers

"B" Nanking to Shantung, Shanghai, Mongolia, Tibet, Yunnan, Kiangai Loew's Inc. and Hunan by post. The Chinese Pacific Gas and Elec-. Government imposes on satin sold in the province of Kiangsu a silk textile tax of 23 cents per catty, while satin sold outside the province is subject to no less than five taxes Export Duty, Hk. Tls. per 100 catties, silk textile tax, 85 per 100 catties, Customs 30 per zent surtax, 0 Hk. Tls, provincial tax, 80 per 100 catties, and parcel post las, 80 per 100 catties.

..... 323 Pennsylvania Railway 22 Radio Corporation Sears Roebuck Standard Oil Co. of

New Jersey

371 Socony-Vacuum Corp. 12 Union Carbide and

Carbon.

311. Union Pacific ............ 81 United States Steel... 59) Westinghoun E. & M. 43)

In the Investment section, Unions

The general tone of the market

is steady at the close

Insurances $470, 8473.

$10.05 $10

FRIDAY. SEPT. 9.

Banka

HK. Banks

SHAREBROKERS ASSOCIATION.

Buyers Bailore Balne

Da

*********** 31,476

Do. (London)

Chartered Banks

Canton InsuraNCOS, Underwriters

4DAY

Union Insurances... $80

China Fires n

shipping Douglassa

Steamboatsnamsı

Indios (pre)......

Do (del) mast Shells******

Water-boats

Mining

Banguote......******

T2,10

Explorations........

T2.30 Shanghai Loans *** Tronoh Mine

$40

Raabs

Benguet Explorations 20 ote. Dooks, Wharven,

Godowns, etc. H.K. & K. Wharvae.

Providents (old)

Do. 1.K. W. Looks

(new)...

Av

18.

***

31,410-

#3

Hong Kong and Whompon Docks $10.40 $10 10.40

Shanghai Docks ...

T218 Hongkow Ho

ĮLanda, Hotels, and

Baldinge

H.K. Hotel (old) | $10.45

Do.

(new) $1.05 H.K. Landsnnul

T.341 Bhangbai Lands ...

T.10 Metropolitan Lands...

+9

HK Realties....****

T11.40 China Do.

Do Debentures Humphreys

Asia Resstion “A”M Do, ""M

$741

414

T63) Bhai Cottop.........

T11.10 Zoong Sings ..........

$140 Wing On Textiles(8.) $140 Pubile Utilliian

$21.10 Tramways **********

Peak Trams (old)....

##:

Yaumati Ferries (old)

Do. (now)

Chinn Lights (old)... $15.70

Macao do.

Sandakan Lights ...

328 Telephones (fully pd.)]

$22.30

China

(part pd.j

Busa ******* Tractions ECONO

(pref)

Industriali

$1,20

$404

$140

**

$2.21

$95

$10

10

T.HE

T.C

10.43/20

$781

19.10

$16.20

$28

$21.85

$1,650

*** $1,080

AR

2115

+21

or dr. £74

213

++

£12

Mercantile Bics. “A*)

£41

EXA

Do.

"C"

£91

$109

Bank of East Asia... 9108

най

N. Q. & S. Barks

$7.25

$28

Am. O. Fin, Corp: M

China Fin. Corp. Urd.

€4.50

Do

Pref.

IM

Insurances

$1,410

32,90

24824

$620

H.K. Fires

$850

$1,2.0

International Ace..

34

320

384

+

65/

130 59/6

80/-

11/3

320

Business done: 5,400,000 shares.

Sept. Sept.

ing power is believed to be undering with hayers bidding 8485, and the market,

in the mining section Benguet Con- solidated advanced to #17

310 $

25/0

T4

Langkats (single)...

Venezuela Gold Fida. 89,10

Kailans.*****

$164

12.00

7.

B.

Air Reduction

#011

8001

BUSINESS DONE DURING

878

841

THE WEEK.

61

501

Hong Kong Banks $1,580, $1,585,

1161

81,675, 81,580.

$141

L

$4.80

*** 34.50

Union

$9.30

831

........ 188

6138475, 8476.

325

910

Bezgubt Consolidated $16.80.

38

B. Chins Motors' A‚'

Do.

"B"

178

Venz. Goldfields $1.05.

1.87

T.5

New Engineeringa

70

88

Hong Kong and Kowloon Wharven

Borden Company Canadian Pacific....... Consolidated, Gas of

New York

31/

ali

$140.

10%

10

825.

653

03)

Providents (Old) 84.85. -

Drugs, Inc.

491

49

Hong Kong Hotels (Old) 910 30,

Du Pont de Nemours. 48h

438101, 810.45, $10.40.

63

501

Hong Kong Lands $76), 875į.

T.984

21

Humphreys $16.

316

General Foods General Motors International

321

328

$140

Chinese Estates 8100.

$28

... 19)

181

Hong Kong Tramways 821,80,

$100

$100

Chincas Estates..

win

China Lights (Old), $18, $18,20

T13.85

Gotton Kille Evo......

T13.70 T13.90)

Harvester 311 International Tel, and

Tel.

301

Hong Kong Electrica 8741.

T.66

**

T11.30

Telephones (P.P.), $92.00,

151

140

Cements (Combined), 813,30,

85

€5)

Ropes $12,05.

12+

181.00

30A

301

Dairy Farms $27.70, 8271.

$16

373

Do. (new)...

Hong Kong Amusements. 8103,

Star Ferries

$35

$91 $35)

324810.85, 819.00, $20.10.

134

217

Constructions BB.40.

$151

***

12}}

121

Ewo Cottons, ex div., Tla. 13.60,

$15,45

Do.

(new)...

$74

H.K. Electrica $731

90+

247

Tia. 13.00,

894 $19

ent

CLOSING QUOTATIONS.

30

117

Buyers,

T.10

Benguet Consolidated $16.80.

2.

201

14/

Hong Kong Landa 875.

70

48k 401

Hong Kong Tramways $21}. China Lights (Old) $18.85, Hong Kong Electrics $741. Cements (Combined) 313). Lane, Crawfords 85.40.

$20)

Malabon Sugars...

$23

T.14

Calabock,

(ord.)

T.104

Musgregors Šiprof.}]

SG

占星

$13.35

(old)...

310

(DOW)

23

RATES

***

$1 on

$10

Hoper

$12

Ch Agricultures

Miscellaneous

1271

Dairy Farms ......

$27.75

Der A Wings.....

(CRITISH WIRELESS SERVICE]

r

Hong Kong Tramways 821.80. China Lights (Old), $18. 10: Hong Kong Electrics 8743.

$19.65

19.801.00

Amusements ....

$13

Ch. Etainments....

#20 313

$6,30

36.40

$1.70

De. (now) $1.40

Ruony, Sept. 8.

Lane Crawford......

Sales,

€21

Mackintoshe

Paris New York Montrent Brussels Geneva

89 1/16

3.19%

$16

Nanyang Tobacco... $41 Sinceren

#16

3,844

Hong Kong and Whampoa Docks $25.

'512}.

$13

$12

25.17h

Hong Kong Tramways_821.80.

$5.36

18.00

8.60

Hong Kong Electrica $744. Dairy Farms 8274,

310

M. Greyhounds......

W Powell.........

Do. (new)....

312)

33.30

$81

. C. Enterprises

Hong Kong Amusements 820,70.

T.5

United Theatres....

08

BU*/.

14.70

Nominal.

31%

bram.

Steckbalm

19.50

China Lights (New) $15.60,

Copenhagen Oзla "Vienna Prague

19.30

$19.90 Wallace Barper...... $10 China Sporta Ltd.... $240. H.K. Wing On

S'hai Do.

$230 €210

19.05

30 nom.

118.

Helsingfors Madrid Lisbon Athens

232

WEEK DAYS.

43F

ON LONDON:-

110

5023

September 1, 1932.

Telegraphic Traustor..... Wh Bank Bills, un demand 1/4 Bank Billa, 4 months'

FOL

FROI Q.P,0.

FROM SHEUNOWAN BRANON P.O..

From

Q.P.O.

Bucharest Belgrade Rio

600

230.

4

§ 7,16 km, &) [ 7.00 x.m.

(7.15 m, & 17,00

3/10 Nom.

Canton

Nominal

Zamahul and Wuchow (By'

direct steamer)...

20.00 p.70. 7.00 p

4.00 pm.

5,00p.m.

4.CO p.to.

17.00p.m. 9,00 D

(8.15am. & 18.30 am. £.

1/6-9/04

1/2

:

Bank Bills, on demand 23. Creditu, 60 days' sight, zij

Maeso & Transbar

§ 7,16 km. &] { 7,80 n.mu.

1.157.

136 pam

1.80 m

1/41

.:.

1/4

·}6)

191

Kongmoon (except Saturdays)) Kaukong (sicut Saturdays).

0.005.m.

1.30 p.m.

8.00 p.w. 6.00 p.m.

Sundays

only

Fundays

8.16 m.

8,80 B

Lonly.

6.00 p.m

6.00 p.m. 6:00 p

181

Fataban and Wuchow (By

7.168.1.

7.168.00

Train)

}7k

Cay

Tal O

100p.m.

TAI Po

€ 0,00 km. &

672

Shumchun

Cheungchow

Byg

Aberdeen Stanley.

Autau

Pingshan Bantin

Shatankok and... - Sheung abri Balkung....

ano pro

430

1 BAR SILVA, per 12 km 180

Samtan, Srekki & Tairing!

Humia)

7.00p.m

The making of satin in Nanking is a household handicraft, there be

ing to large factory. The satin LONDON EXCHANGE

firms buy silk (the warp is bought from Changan and Siashib, while the woof comes from Hang chow and Huchow and dis. tribute .it to the dyers. After dyeing, the silk is given out to weavers who work at home either

on their own looms or with looms provided by the firms. When finish- ed, the weavers carry the bolts of Anting to the dealors, and receive their pay in exchange.

In making plain satin only one man sits at the loom, but in pro- ducing figured material a second operator is required, who sits above the loom and, by altering the posi- tions of the threads in the warp, produces the figured design, 'About 10 days. is required for one mani to finish a plain bolt, or for two. men to complete a bolt of figured satin.

Amsterdam Milan Berlin

In addition to those engaged in making natin, there are 25 brocade makers in the city,' with 39 looms. Their products are of two kinds:Buenos Aires the ef yang luan manufactured ex- clusively for export to Europe and America, and the kin cluang tuan used by the lamas of Mongolia, Tibet, and other northern provinces for gowns, acreens, and table-covers.

The Future

Aa Nanking satin is n luxury product, the heavy Customs duties

Montevideo: Bombay Shanghai

Hong Kong Yokohama Silver (Spot) Silver (Forward)

30 nom

Sellers,

Providents (New) $2.30. Hong Kong Lands $75

Benguet Consolidated $17.

EXCHANGE.

CLOSING QUOTATIONS,

sight ......

Credits,

sight

... 1/4 monthe

....... 1/0

Bank Bills, on demand 597å Credits, 4 months! "sight 6371 ON NEW YORK :-)

ON PARIS-

ON BOMBAY :-

Telegraphic Transfer

Bank, oa demand...

Un UALOUTT&-

Telegraphic Trausfer

Bank, on demand

ON SHANGHAI :~~

Bank, at sigh: ...

OB YOKOHAMA ***...

imposed by foreign countries in re-such an adjustment lies in the very cent years have greatly restricted nature of the industry. Napking a destand..... its markets. The changing taste

ON MANILA-On demand.... 401

SINGAPORE:

On demand

of the Chinese in regard to wear-satin is produced as a cottage in-ON ing material is also an important dustry by workers who cannot ad

On demand factor in the decline of the indus-just themselves to changing condiO BATAVIA: On demand. try. If no now foreign markets are tions, and there is no large direct OE HAIPHONG :- required and no plans are devised export firm with an expert sales for preventing the domestic demand forcs to handle the business abroad ON SAIGON:-On demand 60% from failing, this once prosperous The only hope is that some efficient On BANGKOK :— industry may completely disappear organisation will be formed which On demand. 138 in the near future.

will study market conditions at Sovrazione, Bank's Buyiog The greatest dificulty in making home and abroad, and persuade the

Rate i gentinued at fook of nest column.) weavers to meet those conditions.

Canton Ices

Cements (comb.)... $13.30

Constructions, (old) 36,58

Watsons (alt)

B. Ind. G. Bands...] 62%, H.K. Gort, Loans... $103

M

LOCAL AND REGULAR OUTWARD MAILS,

SUNDAYS & HOLIDAYS

From SERENOWAN BELLWOR 2.0.

4.00 pus

18.00p.m.

↑ 14,00 m,m, &

fa.v0 p.m.

1.00 pm, & 16,00

8.00 à.m.

11.80 p.m. 8.30

11.00 U 9.00m

11:00

$21.00 am,

&6.00 pm)

8.00, 13,00 m.

7,000

1,80) Bi

10.30 am,"

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