Housinest "Manager.
The
Supreme Court
ASAHI China Mail
BEER
Just the very brand...
STABLISHED
845
MITSUI BUSSAN KAISHA, LTD.
No. 27,501
HONG KONG, FRIDAY, MAY 30, 1930.
TO-DAY'S DOLLAR. -The closing rate of the dollar on demand, to-day was 1/4 3/16,
PRICE $3.00 Per Month.
“ILL – CONSIDERED COMPETITION." 78 - YEAR OLD MAN JAPAN IN GOOD FORM WAR ZONË SHIFTS TO
"Haphazard Underwriting" Deplored.
UNION INSURANCE MEETING.
Another Good Year Reported.
A warning note as to "ill-considered competition" in the insur unce field was sounded by the Chairman of the Union Insurance Society of Canton, Limited (the Hon. Mr. J. Owen Hughes) at the annual meeting of the company this morning. He added that there had been a lot of haphazard underwriting the world over, which was to be deplored, but happily. there were signs that underwriters in general were getting together to put rates on a sounder basis.
COMPANY'S STRONG POSITION.
Cargo rates, said the Chair-
man, which hadl dropped appreciably in recent years, re-
tion to these details.
CHARGED.
POSSESSION OF OPIUM AND AMMUNITION.
USUAL LAME EXCUSE.
Disagreement Over "Soccer" Match.
CHINA WINS VOLLEY, BALL.
Tokyo, Yesterday. At the Olympic games to-day,
1
HUNAN.
REBELS ADOPT TACTICS OF CANTON FORCES.
INVASION EXPECTED.
Dainty Eyeglasses
N. LAZARUS Ophthalmic Optician
13, Queen's Road Central
PRAYA BLAZE, Fine Work by Naval Ordnance Department.
HECTIC HALF-HOUR.
BOBBY
JONES WINS AGAIN,
AN ALL-AMERICAN MATCH.
FINDIAN'S BIG CHANCE!
St. Andrews, Yesterday. The first four players in the last
Eric Fiddian continued his un- beatable form, ousting the inter-
Jones' Winning Way. In an all-American match. American Open
A spectacular fire, which at ont time looked as if it might have A Chinese, 78 years of age, was Japan clinched for the baseball
Canton, Yesterday. Įserious and even terrible results, this morning charged at the title, defeating the Chinese in a The Central Government has broke out this morning on the District Officer's Court before wild, ragged costest by 17 runs formally appointed General Chan new Reclamation in Wanchal. al- Mr. J. S. MacLaren for the posses-to 10. In swimming Japan Chai-tong as
Commander-in-most opposite to the Royal Naval eight in the British Amateur ion of 716 taels of illleit opium sccured a further two firsts in Chief of the Land, Air, and Canteen.
Golf Championship were decided and 150 Mauser rifle magazines. the 100 yards back stroke, and Naval forces of the Kwangtung,
The P.W.D. have a large num-this afternoon. Voigt heat Hope Mr. F. X. d'Almada appeared 50 yards free style. In the men's Kwangai, Hunan and Kinngsi ber of tarred pipes stacked here. 2 up, although he was one down for the defence, and entered a volley ball event China beat Japan provinces. General Chan is ex- and suddenly, according to an eye- plea of "Not Guilty."
by 21 points to 18 and 21 to 19, pected to assume his new post on witness, they were seen to be at the turn, Evidence giver by a Chinese making China and the Philippines June 1.
afire. Within a few minutes a Sutton, whose non-selection for detective was to the effect that on tie in the match for the title, According to an official wire huge sheet of flame enveloped the May 29, a raid was made on or which will be played off to- despatched from Hangchow in pipes, and clouds of thick black the Walker Cup team caused so unnumbered matshed at Tein morrow.
Hunan, the Kwangsi insurgents smoke rolled across the road, much discussion, defeated a for- Wan. There were two beds in the In the women's volley ball event under Fei Hsung-hai have arrived causing considerable alarm to mer Champion in Tweddell by 4 shed, and underneath one these, he found a kerosene tinto nil and 21 to nil.
Japan beat the Fhilippines by 21 at Hangshaho near Hangchow; property-owners on the old Praya. and 3.
those under Yang Teng-fei are Ordnance Men's Work. good underwriting organisation and containing the opium and a gunn,
The wind carried the flames in the present slender profits make it hag in which the magazines were prise and tied with China by mutineers under Tang Seng-ming the ction of the
In soccer Japan sprang a sur-still at Tacchow, while the Hunan
Naval essential to give careful considera- kept. Defendant was away at goals to 3. The Chinese did most have advanced far as Yung Ordnance Department, but the national, Torrance, 4 and 3. mained at about the same level
I can assure the time, and he waited until of the attacking but their shoot ming. In order to shorten the staff, with most commendable as the previous year, and it was you that this feature of our business 5.30 p.m. when he returned. pleasing to note that the Hull is well cared for by Head Office and
ing was erratic. At half-time the line of military operations, the promptness, had already "stood Insp. Dorling spoke to prefer- ccore was one all. Japan-led by Hunan loyal troops have with- to" with hoses, and they proceed- market was on a better basis. its Branches.
ring the charges against the de-2 goals to 2 within three minutes drawn to Yen-pan-shi, 20 miles ed to play upon the yard and the Bobby Jones, The company's position, as
fendant at the Water Police Sta- when Wong Shut-ws equalised, from Chiyang, and will, if neces-boundary wall, afterward tackling Champion, and Johnston, Ameri shown by the report, was a strong A great deal of ill-considered com- tion, when the latter answered The Chinese wanted to play extra sary, further retire to Hengehow, the remaining stack of pires that can Amateur Champion, were in one, a marked feature being the petition still exists in the Marine that he did not know that the
which will then be strongly deseemed likely to be involved. healthy state of the investments Market and Cargo rates during re-contraband was in his matshed.
opposition, Jones won a great Eye-witnesses state that the struggle by one hole. tended, thereby adopting the for- both at Home and abroad, all of cent years have been brought to a He said that someone had left
mer tactics of the Cantonese fire started at 10.65 a.m., and by which were paying well. The very low level. If there were anthem there.
forces when facing last year the 11 o'clock, only five minutes the alightest fault by either play. It was a masterful game, and Society had over- one million
invasion of the Ironsides and afterward, the Naval Ordrance er meant a lost hole: Jones led bounda in investments in
Kwangsi-ites.
ex staff were busy fighting the at the second, increasing his lead America, and it was gratifying to
Fresses the confidence of the flames. The fire appliance from at the tenth, where he was 2 up, be able to state that the debacle
Hunan loyal Generals and their Wanchai arrived about 11.10, and and at the twelfth. Johnston was on the New York Stock Exchange
ability to round up the rebels as one from Central at 11.20. by stymied at the thirteenth, where had not affected them in any way,
soon as the troops of the 6th and which time the sharp outbreak "Bobby" became 4 up. The fall in silver values had had n little effect on the So- ciety's holdings, but was pointed out that the great ma- jority of its funds were on sterling basis.
it
ง
Marine business had kept up well during the year, although the Company were involved in the los of the Hamburg-Amerika liner Hochst, and also to some degree in the disastrous fire on the Europa.
The year had been a bad one for, fire business, but general busi- neys continued to improve.
In conclusion. the Chairman paid
Il-Considered Competition.
It
all round increase in rates I do not In evidence defendant said that believe there would be any legitimate a few days before his arrest, cause for complaint. I would again somebody came to his door repeat the often expressed hope was late at night and he could that the leading Insurance Com-hot see what they had dumped panics and other Underwriters will here, but he heard them asking eventually come together and ar-him to take care of the parcels. range an agreement to write the Next morning, he took the parcels business at rates which will at least and put them under his bed. He leave a fair margin of profit. never looked inside to see what
As the Hon. Mr. W. E. L. Shenton they contained. remarked in seconding the Chair-
His Worship convicted. man's Speech last year; "Insurance In mitigation, Mr. d'Almada being an essential element in al-pleaded that since the accused most every mercantile transaction, was found to be in possession of
is therefore a matter of public the contraband, he had no other interest that a basis of rates should recourse than to plead guilty to he arrived at which will enable in-possession, but it must be admit- surance business to be conducted on ted that the accused had had no lines satisfactory to all concerned." guilty knowledge.
..
Accidents During The Year. His Worship imposed a fine of Although regular liners and the $8,000 on the charge of posses- very large steamers ran free during elon of opium, or, in default. six a tribute to the unfailing the year from total loss there was months' imprisonment. Endeavours of the General Mana-the usual crop of serious accidents. other count; defendant was fined ger and staff during the year. An unfortunate casualty in which $1,000 or six months' imprison- The Chairman, in proposing the the Society was involved was the ment, the sentences to run conse adoption of the Report and Accounts, loss of the Hamburg American cutively. said:
Steamer "Hochat" wrecked off the
Gentlemen: The Report and Ac- counts were issued on May 6, and you will therefore have had the necessary time to examine the figures which appear in the Balance Sheet. I propose therefore to fol-
low the usual practice and take them as well as the Auditors' Report as read.
The Working Accounts for the year 1928, after paying a Bonus to Contributors of £13,334-108.-10d. and an. Interim Dividend of 24/- per share, amounting to £162,000, shows Д Bal-
ance
Three Other Cases.
FINE TO SHOWERY.
The Royal Obervatory's weather report to-day states:- Tongking and Western China.
A depression is shown over
The typhoon is about 100 miles S.E. of Ishigaki, moving N.N.E. or N.E.
Forecast S.E. or Variable winds, moderate; showery,
Rainfall
fine
to
The wire
8th Route Army follow them up. was well under control.
The
Engine "Runs. Amok." Rebels in Hunan.
Johnston fought back finely One appliance which left Cen- however,, winning the fourteenth, Another report from Nanking tral had a mishap when it failed fifteenth, and seventeenth, where says that the Ironside-Kwangai to make the turn up to Queen's Jones was only one up. rebels have penetrated into Road from the Supreme Court eighteenth was halved, for Jones Hunan in two directions-one with the result that it crashed to win the match... Rainfall to 10a.m. to-day marching castward to Ningyuen.nto the standard in the middle Eric Fiddian to-morrow'realises and the other toward north-east of the road, and continued on to long-cherished ambition, in that to Tungan and Chiyang. Besides the footpath outside the Hong he will have a match with Jones. he 19th Division of the 4th Route Kong Cricket Club ground. For Wethered's Hard Struggle. Army, stationed at Hengehow, tunately nobody was injured, al- being despatched to intercept though the derelict appliance na-
Other matches resulted:- them, all the Hunan loyal troops, turally excited considerable atten-
Howell beat Robinson by 4 who recently invaded Kwangsi, tion from passers-by.
and 3. have been transferred back to
A Free Treat!
nil Rainfall since January 1, 19.17 inches against an aver- age of 22.83 inches....
Temperature, and Humidity...... The temperature and humidi- ty at certain specified centres this morning at 6. o'clock
were:~,..
On the
Temp. Humid. Hong Kong 'ngo 85 Macao
77
86
Pratas Island 79
86
Marilla
76
96
Amoy
76
86
74
95
68
79
61
98
Island of Minnecoy in the Indian Revenue Officer Grimmitt Ocean. Another unfortunate sc-prosecuted in three opinm cases cident was the serious fire which before Mr. R. E. Lindsell this occurred on the great German Liner morning.
Fire Business,
Swatow Chefoo
·Shanghai..
Wethered beat 'Simpson at the Douglas Grant, beat the Hon.
guard Hengehow and Lingning In the meantime, hundreds of 21st Skirmishings between the van Chinese had gathered at the guards of the rebels and the Ilu-scene of the blaze, workmen on Michael Scott 3 and 1. Han troops are reported to have adjacent buildings "kneck-off" en taken place last week between masse in order to enjoy the spec- Hengchow and Ningyuen, but no tacle." further fighting has since been reported.
Lister Hartley beat Hill 4 and 3..
Earlier Results...
Hope beat Waddell (Lundin) 4
The terrific heat could be and 3. felt fully one hundred yards
It will be recalled that Tang away, and at one time it appear and 8. Seng-ming and Tang Chih-ming, ed advisable to get every one out both brothers of Tang Seng-chi, of the Canteen. The work of the mutinied in Human some time ago Ordnance Department, however.
Sutton beat Dawson (Troon) 4
Tweddell (Coombe Hill) 7 and 5, (Broughty).7 and 6.
Bobby Jones beat. Watt
beat De Forrest
Europa whilst bullding. Ag Two of the accused were arrest-time to settle the championship and escaped to Kwangsi to join had its effect after the first few usual losses by fire in cargoes have led at Causeway Bay, behaving in but the Japanese refused. Sub-the Ironside-Kwangsi Insurgents minutes, and the fire was got in from time to time occurred and a suspicious manner on the water sequently, the sides failing to Tang Seng-ming is now invading hand within Underwriters have had to meet front.
Jonce had little relaxation in A comparatively heavy losses from this peril,
agree, the F.E.A.F. "Soccer" Com-Hunan again. By appointing short time. When searched, prepared opium mittee declared the championship Tang Seng-chi as C.I.G. of the Exactly how the fire began is at the fourth, with birdle threes beating G. O, Watt.. He was 2 up was found strapped to the legs of a tie without further play. As regards Fire business, the year both men. One had 98 taels and
6th Regional Army of the allied not known, but it provided real at the sixth and seventh, and also In tennis Japan won the men's forces, Yen Hsi-shan hopes that dents and onlookers in the dis-won the ninth. He went out in 1929 was one of the worst that Com- the other 80 taela.. panies have experienced for many culd not say where the drug had 6-4, 6-4. Instead of the scheduled ming.
championship without the loss of Tang may be in position to collect trict with a decided thrill, coupled thirty-four, turned 5 up, and was Both admitted possession, but a match. Nunoi beat Tum, 6-3, the remnants under Tang Seng-with not a little apprehension.
16 up at the eleventh. He stymied There was years.
a serious in-. crease in Fire Losses, particularly come from.
Eve-witnesses are loud in their Watt at the twelfth of £129,826-158.-9d. avail-`
Sato and Khoo singles match, The Kiangsi troops under praise of the work done by the noticeable in the Home field, but by The first man was fined $10,000 which Khoo defaulted, an exhibi- Chang Fei-chen have been assem-Ordnance Department, which they went out in thirty-six, and was able for distribution, and your
Howell, the Welsh champion, no means confined to that field. In und the other $9,000. with the tion doubles was played, when bled on the Klangsi-Hunan bor-say undoubtedly prevented far then 3 up. He beat Hezlett 8 and Directors recommend that this Balance be coat with as follows, Canada, for example, when the re-ternative of six months hard Sato and Kawachi beat Lum and der in anticipation of a possible more serious consequences.
A Final Dividend of 16/- per share sults of the business for 1929 of labour in each case,"
The other man was arrested women's tennis singles Kobayashi rebels.
Khoo, 4-6, 7-5, 6-1, 6-2. In the invasion by the Ironside-Kwangsi The blaze was finally Companies operating there
Wethered had a bad attack of available, there is no doubt that the coming off the s... Taishan. He beat Gloria Lee, 6-0, 6-2 and heat
tinguished about 11.25.
hooking, and was one down at the A circular telegram is received had 18 taels of raw opium. loas experienced will compare un-
|Lucy Lee, 6-0, 6-1, Gloria Lee from General Ho Chien, chairman
thirteenth. He squared at the Mr. Lindsell imposed a fine of beat. I. Imura (Japan) 4-6, 6-4, 6-2, of Hunan, otating inter alia that, favourably with the previous four or $500 or two months' hard labour. giving Japan a victory of three due to the activities of the Com
fourteenth, to beat Oppenheimer. five years. There were some heavy
the former Oxonian captain, 1 up. matches to two. In basket ball munists under Ho Lung and the fore Mr. T. 8. Whyte-Smith at the Von Elm at the twentieth. fife in Australia, and the position
Today, He Yung appeared be-
The Hon Michael Scott beat thore is still far from satisfactory.
Japan beat the Philippines by outlaws under Pang and Wang, Kowloon Magistracy on charges of count for the year 1929 la £440,790,- The Continent of Europe also pro-last year when the rate of exchange ship tle will be played off to troops were compelled to with- woman with intent to do her Gordon Simpson heat Nelsom
38 points to 29. The champion- arising in Hunan, the Human assaulting a Chinese
Linter Hartley (Chislehurst) married bent Ouimet 4 and 8. morrow-Reuter.
draw from Kwangsi for their sup- grievous bodily harm, or to maim; Smith 2 and 1.Reuter. pression. Taking advantage of disfigure, or disable her." the disturbed situation in Hunan the mutineers, Tang: Seng-ming stated that he would like the case Detectiva Sergeant Meadows
on 185,000 shares to be paid to Shareholders absorbing £108,000 and that the Balance remaining be car- ried forward to Underwriting Suspense. Account to close the Ac- count for the year 1928.
The Balance of the Warking Ac-
....
are
duced some high loss ratios, not- was 2/04. ably in Holland.
In some cases climatic conditions,
Accountą- Affected. The amount standing to the
the long cold winter and dry credit of Exchange and Investment
15.-40. and the Board recommends an Interim Dividend of 24/- per share be paid to Shareholders, absorbing £162,000, and that, a Bonus of 20 business on Bonus terma, absorbing in severity of loss ratios. no doubt however, that about £20,000, and that the remain trading conditions have
SERIOUS CHARGES.
2, two under fours.
ex-
per cent, be paid to Contributors of summer, contributed to the increase, Fluctuation Account is affected also. PHILIPPINES' “ WAR."{end Tang Chih-ming have induced to be taken as a committal one, and
der be carried forward.
Cargo Kates Down
The business of Marine Insurance for the year 1929 § appears to have been transacted on very much the same lines as for the past few years., Cargo rates have in some instances declined, although I believe for the most part they have remained very much upon the same level as the pre- ceding year. The Hull Market has been placed on a somewhat sounder basis and we read that increases. have been secured on flects where the ́ record has not been satisfactory,
* Haphazard Underwriting,
think we can safely say that nderwriters generally are more watch, carefully, the ftheir. business @allto
good theres lttle doubt Inst few years
their effect
There is this amounting in the present depressed Balance Sheet to £568,369.-48.-10.
ROUND-UP COMMENCED.
Manila, Yestrdeay.
despatched troops the invasion of the Ironsides and asked for a date to be fixed for the Kwangsi-ites. General Ho has
hearing. to several
His Worship intimated that his directions for the elimination of the invadere, Communists and which he accordingly fixed, as well first free afternoon was June 17, bandita.
Airmen Busy,
Canton, Yeaterday.
as June 19, at 2.15 p.m. also.
Word has been received from Colonel Tang Yush-ming, who led day, where a Field Headquarters six planes on the 26th to Shiukuan will be established, with Chief of and who has been flying to Staff Wong Yam-wan appointed as Hunan for reconnaissance daily, director. Canton News Agency, to the effect that the Ironside Peking, Yesterday, Kwongal-rebels are still at Ling- All the vernacular papers publiah ning, Bunso, and are unlikely to many details of the Nanking reverse
also bad as against 2612,819.-18.98. shown in Moros Flee to the Hills
the Balance Sheet for the period General Business Growing.
After Bombardment ended December 31, 1928. As I General business, under which have already indicated, the closing heading I include Motor Car, Ac-Demand rate on London of the Honr cident and Sickness, Employers' Kong & Shanghai Banking Corpora Liability and the like, continues to tion on December 81, 1928, was grow in importance, and it would 2/04, whilst on December 81, Following an all night long seem probable that the year 1920 1929 it was 1/7. The difference bombardment of the Moro was not altogether an unprofitable between these two rates shows a fortress, using stokes mortars, one so far as these classes of busi- depreciation in the Sterling value tear gas, machine gun and rifle
of 10.588 per cent
Bre, the constabulary forces enter |_ The Exchange Situation. The 1929 Working Account has ed the Sultan Ganassi's strong
Before commenting upon our own been adjusted to the exchange held, which they found empty, the Underwriting results I would like ruling on December 31, 1929, and Moro defenders having fled to the to make a few remarks upon the in consequence the balance of the hills through a cunnlukly, devised make a further advance, probably on the Lunghat railway, agreeing position of Exchange and how it 1928. Waking Account at the end underground passage Patrols due to the opposition of the Hu- that the allies attacked the Na- affects the Society and ita Affiliated of the second year after payment of were, hurriedly Morgarised and nan troops.
tionalist troops on the front, flank Companies. You will realise that an Interim Dividend and Bonus, started immediately forca round- Cantonese Reinforcements and at the rear. the drop in the price, of silver and amounting" to 2176,834~108-10d. is up of the outlaws," who are be- the consequent depre
2,198,-66,-8d., less than the 1927 lieved to be making for other for-
unt at the same period. tifled cottag-Reuter yan
máy bay Is more
ness are concerned.
Sterling value of the dollar,
tael must have an effect upon the
daal of what
Socl
For
prè
And
ange, and
not lega
INDIA'S FERMENTA
adea would have
The 60th and 61st Divisions] It is perefatently reported that under Taof: Ting kai and Chiang Chiang Kai-shek was wounded In Kwong-nel now at Shlukuan, will the Arm, and has retired to rest proceed to Penchow, 40 miles to at Hauchow. Hitherto, there is no the south border of Hunan, via confirma
@denial of this Pingelih and Lochang, as soon as from Nai the 63rd Division und king, arris
STOP PRESS
Amsterdam, Yesterday. The Koninklijke Pakatvaart Maatschappij's gross profits amount to $1,206,000 compared with £12,000 previously. The dividend is maintained at 14 per cent-Reuter,
Amsterdam, Yesterday, A Bill has been introduced to authorise the exploration of oll by the Dutch Colonial Oil Company in six grounds and the Bataafsche Oil Com pany In ten grounds in the Dutch to East Indies-Reuter.
Rangoon, Yesterday. The Governor has appointed!
a Concillation Board to work out detalla of a settlement of thes troubles by allocating a pro portion of ships to Burme Labour-stevedores and ah ping agents, the Burma che ber of Commerce and the British India Ste tion
You
Account