1939-05-18 — Page 11

HONGKONG DAILY PRESS

Finance and Commerce

Netherlands Industries Fair: Large Attendance Of Trade-Buyers

The 40th Netherlands Fair, - †192,000 sq. feet. Owing to shortage which was held at Utrecht of space. many firms unfor- from March 14 to 23. showed tunately could not be admit- favourable progress. There was fed. The construction of a fourth a large attendance of trade- fairbuliding is under considera- buyers and an important in- tion, crease in the number of visitors | from abroad, especially from Belglüm. Great Britain and the United States.

to

FINANCE

H. K. STOCK EXCHANGE

The market was quietly stendy during the morning, rates being maintained. Trams and China

COLOMBIANights, Old, were the most pre-

SUGAR IMPORTS

Imports of refined sugar into Colombia during 1938 registered a sharp decrease compared with the preceding year.

came

Sugar imports during the Orst 11. months of 1938 totalled only 5,295,- 490 pounds compared with 41,298,- 727 pounds in 1937.

Practically all the imported.sugur from the United States. Imports from that country totalled: 5,064,957, The decrease in sugar imports is attributed to a rise in the domestic production of refined mugar.

The number of visitors 13 estimated at about 90,000. Several foreign Ministers, accredited H.M.'s Court, showed their interest For account of home-buyers, aby visiting the Fair. large number of important trans-

NATIONALITIES & COUNTRIES actions were concluded. while Participation according to na- business with foreign buyers was tionalities WILS as follows: The Ukewise brisk.

Netherlands 1558: Belgium 43: Nearly all groups of participat-Canada 26; Czechoslovakia 8; Den- ing industries profited from the mark 1; France and Colonies 73: HONGKONG . prevailing activity and especially Germany 195: Great Britain: 48: the groups of Building-and road-Italy 3: Norway 2: Poland 1; making materials. machinery, Sweden 3: Switzerland 42; United metalware, electrical engineering States of America. 31; the Total and household goods were very number of participants, was 2031. "satisfied with the results. There The following

Was

SHAREBROKERS'

ASSOCIATION

on Wednesday, May 17, 1939. countries "par- HK. Banks

a noticeable interest from ticipated with official and collec- F.K. Banks abroad for the earthenware-sec- tive secitons: Belgium, Canada, Union Ins. tion, especially for earthenware for France, Germany, Indo-China, China Lights (0) building purposes.

centre a

Italy, Morocco and Switzerland. Cements

Textile and ready-made clothing The 41st. Royal Netherlands In-Yaumati Ferries... likewise formed.

pf dustries Fair-including the Agri-San Mauricio interest both for home and foreign cultural Section will be held in Antamoks buyery, Participants numbered 2031 | September next. from the 5th. to antamoks and space rented amounted to the 14th. Inclusive.

BRAZILIAN

COFFEE

Flans for the stabilization of the 1939-40 and 1940-41 coffee crops of Brazil were agreed upon recently by representatives of the coffee- producing states of that country.

"NORTH CHINA CURRENCY

PEKING, May 17 (Renter)- It was announced by the semi- official press that Federal Reserve bank notes may no longer circulate in Menehlang (the autonomous area created by the Japanese Kwantung Army, including а Mongolia and parts of Sulyaan and Chachar Provinces).

part of

In an endeavour to maintain a statistical equilibrium between production and consumption of the} crop for each of the two years, it was agreed that 3 per cent of each;

Federal currency has improved season's crop of 'common coffees and 15 per cent of the crop of during the past few days and is preferential coffees. should be ac now at a discount of 20 per centi quired by the National Coffee Compared with National currency. Department of Brazil from the

Itogons

Demonstrations

(minent counters, and Dairy Farms Rights continue to find a ready

| market for all that are offered.

: BUYERS

Hongkong Bank, $1352}. Canton Ina. $230. Union Ins., $430. HK. Fire Ins, $180. HK Wharves, $106. HK. Docks, $173. Humphreys, $7.80. Star Ferries, $65.

This amazing new tire stops your car quicker, safer than you ever stopped before. See us for a demonstration.

China Lights (0), $84.

Dairy Farms Ex Rights. 5151/2-

PHILLIPPINE MINING

QUOTATIONS

THURSDAY, MAY 18, 1939. —PAGE 11'

GOODRICH LIFESAVER TREAD

has never ending spiral bars that act like

windshield wipers, - sweep water right. and left, force it out through deep

grooves "and make a dry track which rubber can grip,

The Goodrich SAFETY Silvertown

NEW

Sole Importers for China and Hongkong:

CARLOWITZ & CO.

LAMMERTS' AUCTIONS

PUBLIC AUCTION.

THE

THE Undersigned, have received.

instructions

"TO SELL BY

PUBLIC AUCTION

ON

THURSDAY, the 18th MAY, 1939

Commencing at 9.30 p.m...

At their Bales Room, No. 35, Hankow Road, Kowloon.

Comprising:-

Teakwood Dining Room, Bed Room, Drawing Room and Office Furniture. Carpets, Rugs, Oma- ments. Cutlery, Porcelain, Glass, Brass and E. P. Ware, Gramo- phones and Records, Electric Table Lamps and Fans, Pictures, Cooking, Utensils, etc. etc.

also

A FEW PIECES OF BLACKWOOD FURNITURE

And

One Radio Set

China Lights (0), $8,4D, China Lights, (N), $5.30. HK. Electrics,..$56. Sandakan Lights, $11,90. Canton Ices, $1. Cements, $123.

Dairy Farms Ex Rts, $211, Dairy Farms Rights, $15. Wong On (HK), HI. Entertainments, $63.

H.K. Govt. 4% Loan 31% pm. H.K. Govt. 3% Loan par

SELLERS

Union Ins., $440.

HK. Hotels, $5.85.

SALES

Hongkong Bank, $1350/55,

Union Ins., $437).

10 $1,350.00

5

1,355,00

10

437.50

300

8.50

H.K. Lands, $341.

500

13.00

H.K. Tramsways, $18.

200

22.60

3,000

Pa. 1:06

5,000

·Ps. 0.27) 4,200 Ps. 0.27

2.500

Ps. 0.23)

Centavos

2.000.

P3. 0.13

281

Coco Grove

35

Bank of China Bldg.

Tel. 31225.3

I. X. L

51

Consolidated Mines

0023

Local Distributors :

San Mauricio

1.04

KA FOONG TIRE CO.

Suyce Consol.

15

131, Hennessy Fload.

Tel. 94140.1

United Paracale

57

224

(CLOSING MEAN RATES)

Paris, 176-47/64

Montreal, 4.69-5/8,

Genva, 20.824

Milan, 89,

Bnenosaires, 20.25.

Silver Spot, 201.

Warlcan, 3% 92-5/8. New York, 4.68-3/8. Brussels, 27.51. Amsterdam, 8.714. Berlin, 11,67.

(Other Rates Unchanged) Forward. 19-15/16.

Antamoks

Itogon

North Camarines

40

PHILIPPINE GOLD MINING

QUOTATIONS

Wednesday, May 17. 1933.

Centavos

Antamoks

Bagulo Gold

Coco Grove

86

34)

Benguet Consol,

11.70 35

Consolidated Mines

'0025

Demonstrations

13

Itogon

221

52

1.04

15

United Paracales North Camarines

55 40

Market Comment-Quiet.

1. X. L.

San Mauricio,

Suyoc Consol

BUDGET SHOCK FOR MOTORISTS This is possibly the effect of the

(From Our Own Correspondent) authorities no longer forcing the growers at about 11 cents per bag extension of the F. R. B. circula-

The motorist in Britain has be- of 133 pounds each.

come accustomed to being over- The cottee so acquired. exception and currency.

the It is reported that they have burdened by taxation, but that which is used for advertising released a considerable", quantity latest: proposals for increasing the purposes or for industrial purposes of National currency in Tientsin horse-power tax to will eventually be destroyed by the

25 shillings in order to National Coffee Department.

meet the demand mean, that users of motor vehicles there for, business purposes,

will be contributing more than |one-tenth of the annual revenue ed his new models "the budget

country. Meanwhile the cars" of the cyclist remains untaxed.

Weekly Wheat Report

BY COURTESY REYNOLDS

AND GIBSON

Liverpool, May 2. Liverpool. There has been quite

RAYON DELIVERIES

UP: RETAIL

11

Thus, in the present programme

A most accurate prophetic sense this concern has concentrated on

INVENTORIES LOWER of the new imposition was shown low taxable horse-power, com-

[by Capt., J.P" Black, of the Stand-bloed with high performance, and Deliveries of rayon filament ard Motor Co ás far back as low running costs and Initial yam to domestic consumers dur-last September, when he christen price.

ing March totalled 26,500,0000

pounds compared with 25,600,000

a good Continental and UK, de-Pounds in February, according to

mand for Plate and

Australian

the Rayon Organon, published by during the past week and further the Textile Economics Eureau, Inc. purchases of Australian by China

Stocks ci yarn held by producers have been reported. Near post- at the close of March" totalled:

have been

tions

e1.se

on

41,400,000 pounds as against 39.500,-}· '000 pounds held at the end of February.

of

inclined to expectations of heavy tenders and yester-

Shipments day, the nrst tender day, 160 loads

rayon filament were circulated.

yarn to American mills, says the Some recovery was witnessed when it was found report, although active during the first half of March, registered a that one of the big millers was taking up the tenders.

during the falling Prices

closing finish 7/2d. to 1-3/84, up compared weeks of the month. "with those quoted in our last re-

view.

UNUSUALLY LOW While admitting that weavers' Reports to hand this week con- and converters, stocks of rayon cerning the U.S. Winter belt have goods are adequate at present, it hot been quite so favourable. Large is pointed out that retail inven- areas are in need of moisture and tories are unusually low, indicat- in some parts the crop is said to be ing, acording to the Organon, deteriorating, particularly in Kan- "that the very dull market of the 385 and Oklahoma. A report from last half of March will not be of Mr. Snow states that in South- [extensive duration.” -

West Kansas the crop on two mil- Continued high prices for silk lion acres is in poor condition. [have been responsible, in part, för Seeding of Spring wheat is now the recent increased rayon de- making rapid progress in both the liveries from domestic milla. ・・・ United States and Canada, but

Spring precipitation in both coun-;;

tries has been below normal.

It is a refreshing change, to be

LEIPZIG "SPRING FAIR

able to report something more, LEIPZIG, May 17 (T/Ocean)- then minimum fluctuations In

Chicago. Prices have advanced by

Results of the Leipzig Spring

8-1/8 to 4-3/8 cents on the week Fair were compiled by the Fair's Office and published on Tues- principally on the less favourable

day. erop news, nervous short covering and buying by Eastern and pro buyers in all, 28,925 of

The Fair was visited by 331,256 fessional interests, Exports of

whom were, foreigners. The number of 'wheat, and 'flour from the United

States from July 1, 1938 to March buyers was three times as large

31, 1939 totallêd 84,389,000 bushels

this year than in 1933.

Among the foreign visitors against 73,248,000 bushels In the

where 28.535 buyers from Euro- same period in the previous season.

Winnipeg has also been firm on pean firms, 133 from Africa: 344 some good buying by exporters, from the United States, 68 Cana- Traders, however, on the whole, dians and 337 from South and

Central America, were inclined to be cautious pend-

ing Herr Hitler's speech on Friday.

The speech led to a fractional de eline but the advance was resum

The total turnover amounted

to 840 million Darks. Exhibitors succeeded in obtaining direct ex-

ed on news that the U.K, has taken Dort orders to the value of 180

* quantity of Manitobas and that million marks..

1-1/2 million bushels of Manitobas

had been sold to Holland."

we continue to feel that conserva-

There has been little material i tive purchases on setbacks hold ata change in the actual, position, and traction...

Philplug

Accurate holes unnecessary Fire water & weather proof Moulds a thread in the masonry

THIS

лл

TO

IS

943 PREMIERS PRIX

MOVADO AN

ACVATIC

Leading the World

Watch Valne

obtainable from all leading Stores in Victoria & Kowloon.

Sole Agents: CHINESE TRADING CO. - Bank of Fast Aris Bldg. 4th Floor.

SUPPLY YOUR MAN

THE WALL PLUG WITH A BOX OF WALL PLUGS

OF THE FUTURE

Screws will not rust One tin fixes any "size screw

Costs less but is best

USE OR MAKE

ANY ROUGH HOLE

MOISTEN MATERIAL: AND ROLL UP A PLUG.

USE

PIERCE FOR SCREW

DRIVE SCREW-

HOW

IT

RAM TIGHT IN HOLE-

TAKES FULL LOAD IMMEDIATELY

ALREADY

Philplug

ROLLED BY A BOY AT A FRACTION OF THE USUAL COST.

THE

Philplug" cur

CLIP

MAKES A DIFFICULT FIXTURE. EASY IN HOLLOW MASONRY

A

USE Philplug

WE WILL BE PLEASED TO ARRANGE A DEMONSTRATION IN YOUR OFFICE OF OURS AT ANY TIME

Bole Agents

DODWELL & CO., LTD, Hong Kong Bank Building.

On. VIEW from WEDNESDAY, the 17th MAY, 1939.

TERMS:—Cash on Delivery

LAMMERT BROS..

AUCTIONEERS.

PUBLIC AUCTION.

TH

HE Undersigned have received

instructions

TO SELL BY

PUBLIC AUCTION

Ox

FRIDAY, the 19th MAY, 1939

Commencing at 2.30 p.m.

At their Sales Room, No. 2 Con- naught Road Central, Ground

Floor.

Comprising:

Teakwood and Iron Bedsteads, Cots, Divans Wardrobes, Dressing Tables; Chamber Stands, Chests of Drawers, Chesterfield Suites, Side- boards, Dinner and Tea Waggons, Dining Tables, Chairs, Ice Chests, Flower Stands, Desks, Typewriter Tables, Filing and Glass Cabinets, Ornaments, Cutlery, Dinner Crockery, Glasses, Brass and E. P. Ware. Electric Fans and Lamps, Gramophones and Records. Rugs, Cooking Utensils and Stove, etc. etc.

A FEW

OF BLACKWOOD FURNITURE

2 Radio Seta

and

3 Canvas Canoes

1 Barf Board

1 "Binger" Sewing Machine › 1. Corona" Portable Typewriter "I"Royal" Portable Typewriter " 1" Bar-Let" Portable Typewriter 1 "Underwood" Typewriter

On VIEW from THURSDAY, the 18th MAY, 1930,-

TERMS:--Cash on Delivery,

LAMMERT BROS..

AUCTIONEERA.

A Job?

WANT ADS