TUESDAY, NOVEMBER 11, 1930.
+
POST OFFICE NOTICE.
NEW YEAR PARCEL MAIL FOR GREAT BRITAIN.
The New Year Parcel Mall for Great Britain will be closed In the General Post Office at 5 pm. on November 21 per s.3. Karmala.
This mail is due in London on December 27.
CHRISTMAS LETTER MAIL FOR GREAT BRITAIN
VIA MARSEILLES..
The Christmas Lottër Mall for Great Britain via Marseilles will be closed in the General Post Office on November 22 per sa. Kar -mala- nq follow
Registered Mail-9.45 am. November 22. Ordinary Mail-10.30 am. November 22, This mail is due in London' on December 22.
List of ships expected to be in wireless communication with Hong Kong to-day:Tanda, Illinois, President Pierce, Morioka Maru, Harunasan Maru, Van Heutaz, Kut Sang, Yingchow, Rawalpindi, Melbourne Magu, and Kasagisan Maru.
From
INWARD MAILS
TUESDAY, Japan and Shanghal Batavia
THURSDAY,
FRIDAY,
Europe vin Negapatam (Letters and Papers,
London, Oct. 16)
Japan and Shanghal
Per
NOVEMBER
11.
Shanghai
WEDNESDAY, Shanghai & Swatow
NOVEMBER
.Chenonceaux .Tileondari
Kidderpore1
12. .Sinklang
Java
.Tjibesar
JAVA
Straita
.Buitensorg
Van Heutaz.
Japan
NOVEMBER 13.
.Talamba NOVEMBER 14.
Australia and Manila
SATURDAY,-
NOVEMBER
Japan and Amoy
U.S.A.. Honolulu, Japan and
Francisco, Oct. 17)
MONDAY,
Shanghai (San
NOVEMBER 17.
Japan
Japan
.Haruna Maru .Fushimi Maru
Tal Ping
15. Titiwang Rokuyo Maru
.Pres. van Buren
Kitano Maru Wakaea Maru
President Jackson
NOVEMBER
18. ..Atsuta Maru
Japan
U.S.A.. Honolulu, Japan and Shanghai (San
Francisco, Oct. 24)
TUESDAY,
Australia and Manila
WEDNESDAY NOVEMBER 10.
Canada, U.S.A.. Honolulu, Japan & Shang-
, Vancouver, B.C., Oct. 30)
For
Empress of Japan
OUTWARD MAILS
Per
TUESDAY,
NOVEMBER 11.
Rong So NOVEMBER 12.
4 p.m.
8.90 a.m. 10.30 a.m. 10.30 a.m. 2.30 p.m. 3.30 p.m. 3.30 p.m.
Samshul and Wuchow
WEDNESDAY,
Holhow, Pakhoi & Halphong
Amoy
Straits
Haiphong
Swatow
Amey
THURSDAY
Hoihow, Pakhot and Haiphong
Swatow
Straits and Calcutta
Limchow Tjisondari Kidderpore
Canton
Van Heutaz Tainan....
NOVEMBER 13
Menado Maru
Hydrangea NOVEMBER
8.30 a.m. 3 p.m.
THE CHINA MAIL.
LENA GOLDFIELDS CLAIM.
Evidence of Soviet Obstruction.
SALES DIFFICULTIÉS.
When the hearing.
was resumed at the Law Courts of the arbitra tlon.proceedings in which Lena Goldfields, Ltd., and the Govern- ment of the U.S.S.R. are parties, Mr. Alexander Malozemoff, the former managing director of the company, continued his evidence.
He said the company employed. about fourteen or fifteen thousand workmen in Russia. "It was not merely our duty to feed and clothe these people," he added. "It was a necessity, as otherwise they would not have worked."
Dr. V. R. Idolson, counsel for Lena Goldfekla, read a number of lengthy extracts from letters and telegrams which the company sent to the Russian Government, proteat- ing against being excluded from buying in the open market or from Government institutions a' had been agreed.
What
31
pointing out that the local au
thorities had issued a decrow for bidding the sale of scrap metals to anyone except che organisation which had been granted a monopoly. He drew attention to Article 18.01 the agreement, which promised an open market.
In January, 1990, letter was received from the Public Prosecutor. declaring that the right to supply non-ferrous. metals scrap belonged to one com pany exclusively, and that the con- cession agreement did not provide otherwise.
Д
then
EXCHANGES.
YESTERDAY'S QUOTATIONS.
On London Bank, wire
1/3`7/16 Bank, on demand... 1/8 7/16 Bank. 4 months" sight 1/3 0/16 Credits, months"
sight Documentary, 4-
4
months" sight
On demand
On Bombay- On demand
9*
HONG KONG STOCK EXCHANGE Opening Daily Official Quotations 10th Nov., 1930.
STOCK
Buy-Sell-
Sales Nom Win
67
ег
YAT
Last 'dividend and when paid
Banke,
Hong Kong Bank......$1070 Chartered Bank........ Mercantile Bk., A&B,
Dec.
... 201 (13)
Doo
119
*Tutorim 21 a/o 1930'
#x. 1/4-940.61]|| Aug. 11,00 Doc. Interim. Iron 17Tax no 1930 Sep-80
Dec. 13 for 1922.
/0 1930 leer 1/76%) Sap; — 80
Feb. 29, 50
Doo, Final $20 fu-May 18, 30-
Interim 18
Deo. Final id for 1000-41 ay 30, 80-
Interim aje
bonu■ $4) (uz 1925-415 Intarit 1999)
MA
1/4.18
1/4
C. 21
On Paria-
Bank of Asia↓
.
795
Credits, 4 months'
Insurances.
sight
885
On New York--
Canton is,1100- Vaioa las, $473
167
.... 1475
On demand
31
China Underwriters...$
2.60
Teg. None
LAG
Credits, 60 days'
32
Chios Fur los.
$100
Final
Dec.
+4
+19
H. K, Fire las
1100 Dec. 47/for 1990s o
blay 80,50 Mär. 26,90
86
864
Shipping.
On Calcutta
Det
862
Deo. 1. for 10
Mar. 4,80
86%
Indo-China (Pref.) -..$}
(Def.).
£12/-on. 2-4 on preferred}
for 1946 And 1935)
June 19, 29
Doc.
55
Shell Transports.4).
Doc.
Fin. 4-Coupon No. & freez
IT OF 1023
July 8, 80
Doc.
68
$100 for 19
Mar, 10, 30
"
Tla. 80% 9% dia.
8.70
Dec. Interlini bonus s
62%
Wire
On demand
On Singapore On demand
Agents Prevented from Buying.
In further evidence, Mr Malozemoff said:--
the Incal "In 1926
ай started to impose thorities onus.
We sent our agents sight buy butter, flour, etc.. but when they were buying they Wire were confronted with Government agents, who sometimes prevented our agents from buying by force. went on from day to day, and our right to buy was res- trleted. Not only were our people
On Manlia- stopped, but the population had
On demand orders not to serve us.
"After a long absence be . On Bhangbat-
added Mr. On demand cause of liness." Malozemoff, "I found restric-Dollar tlons everywhere. It Was an
On Yokohama— cancellation' absolute
of our On demand rights. We could not import any-Sovereigns (Bank's
buying rate)
1/4 thing, and we could not buy any
was a continuous Silver (per oz.) ....16 11/16 struggle in order to get just a little Bar Silver In Hong to carry on with."
thing. Thère
Sir Leslie Scott (to the witness): was it that prevented you from buying at the right season? You complain of making Anancial losses because you had to buy out Questioned as to transport dif- of season. What made it neces-culties, the witness said the com- sary to buy out of season?--We pany did not receive on a footing necessary for of the Govern- of equality cura were in the handa ment, and they would not sell to moving its materials.
Nails Sales Difficulty. 19.·
Mr. Malozemoff next dealt with
that the allegation
the Soviet. Government had pre- vented
Replying to Professor Stutzer. "We were Mr. Malozemolf safd: always last on the list for receiving raw materials. Many times I said that we must be treated on an equal
were
always
basis, in accordance with this con- cession agreement, with the State
Promises. organisations. made, but preference was given to them.
Sir Leslie Scott: Was there an official list in which you were put last in order of preference,
refer 01 arc you merely ringto the fact that other people
supplies got you?-I am referring to the fact you mentioned last,
Lena on No List,
before
Kong
Copper Cash Copper Centa
Lena Goldfields from the Court wanted to com-
on
pare
the
prices In
Douglas ........$
H. K. Steamboats ...$
Union Waterbout $9
Mining.
Benguets
Kailan Mining Ad. 3/-) Langkat. Tia. S'hai Exploration...Th.
Loans... T. 16)
•Raub gratia 201
Docks, Wharvas, Gadawns, &c.
H. K. & K. Wharves..$172) H. K. & W., Dock...$...
•China Providents (old) 5.40 (new) $ 2.60 Horgkew...........Tla. 286
"
ilcău, žied
head for 17.......
Laut rides for 1921
inking centre ajo 1936 Sept. 30, 30
95/0 June (nterim 1. tree 1/TAR
Coupon No. 57 yake 8-630} } -Juno — 30 Oct. 1.0.56 for year 31-10-May 8, 30 Deo. None
Doo.Interim T. 0.25 afe 1830
[Mar,} {First Interima 17-1 Tade year Bi-3-21]
1
Deo.
for 1006 30% W
Deo. List diriiend for 2021E OTHE
Free. diekland for 1994
July 1, 30
Sep, 16, 10
Mar, 18, 80
5.45
**
rui
дип
*
Dea. Interim T. & / 1900
Sep. 19,-50
144
80
Deo. 7. 6.50 for 1929..........
Fab. 98, 80
+++
Apr. T. 7 for year 31-8-20
¡July 80, 80
|
Rate of Native In-
terest Chinese Sub, Coin... 25% dis. Hong Kong Sub. Coln Par.
Par. Nomina: 8% prem,
314% p.a.
N. Engineering ... Tia.
Shanghai Docks...Th. 120
Russia roubles H. K. & S. Hotels...$11.60 11.85 similar HK. Lands (old)...
Ger-
Lands, Hotels & Building..
+
Duc. cont (or 1930,
¡Apr, 1; 30
Jan
HO
G11
Dec: Interim nic 1021)
A
+14
... (19
Ang. 8, 80
...*1916
c. Interim T, à ale 1950
July 31, 20
Б 16
May 7, 80
19.40
the.
Sep. 4, 30
HR
137
Feb. for fext $50)
NOT
July 21, 50-
Deo, Mind T. Safe 1829
Mar, 17, 80
and T. 2-4
(Apr. (1.3-23 olaj for bail year
May 98, 80
Oot.
In 'compare
freely selling its products the markets of the U.S.S.R.
measured He. in 1928 said that the company's customers in order to
representatives of the Govern- standard qualities in, say, ment Trusts came to it and said many and Britain, and thus arrive that they could hot pay more than at the rent purchasing power of the below rouble. That would show whether a certain price, which was
the company's demand was reason- the cost of production.
able or unreasonable.
He dealt with its difficulties in Belling nails, even though there was a shortage of nails.
In 1930 thero
were
Was
Mr. Malozemoff went on to say that at the time when the company CONCER- the there were Russian introduc
What.
Sir Lealle Scott:"
negotiating, were only, you and the Government sion agreement
promises that making nalle?~~~There
no solemn
currency should -private enterprises.
be markets. How did your output compare in ed. into all Dr. Idelson: It is quite clearly stated that we were not included in value with the Government out happened was just the contrary. any list.
was another input? It was comparatively small. The company was forced to abide by the State Bank, and which never stance of putting Lena outside, We produced about 300 tons month-
reflected the true conditions of the ly, isolating Lena--she was not in any
How much did the Government prices... list at all.
enterprise produce?I don't know the exact figure, but it was certain- ly tens of thousands of tons.
This
Mr. Malozemoff went on to say that as the result of difficulties made by the authorities they could
**
(new)..... Right...$ Shanghai Lands ...Tia, Humphreys ............. H. K. Realties $10.40 Chinese Estates......$
Cotton Mille.
•Ewo Cotten
Tis.
12}
.Shanghai. Cotton...Tis. Zoang Sing.TU.
H, K. Tramways.
Public Utilities.
18.40
87 89
Peak Trams (old)
** (new)
Star Ferries...
As already recorded, the arbitra-China Light (old)...$26.65 tors made an award of £18,000,000
(new) ...$25 against the Soviet Government. Moscow papers declare that there Sandakan Light 111 is not the slightest, chance of col-H.K. Tel, fully paid $...
So that there was no fear of your creating a monopoly in nail and forcing up the price? Oh,lecting it.
no.
not properly supply their workmen and employees with the, necessary foodstuffs, and, therefore, the work men regarded themselves as treated worse than other employees.
gold He also stated that the company Ip had the duty to supply its workmen freely.
Nov. 14, Noon.
FRIDAY,
14.
Ho Sang
Parcels
Letters
Haiching
1. p.m.
Haruna Maru Chinhun
3.30. p.m. 3.30 p.m.
Swatów, Amoy and Foochow
Shanghai, Japan and Europe via
Siberia
Foochow
Straits, Ceylon, India, Mauritius *E. and *S. Africa, Aden, Egypt and Europe via Marseilles
.K.P.O.
Registration Nov. 14, 4.30 p.m. Letters ....
Nov. 15. 9 a.m. SATURDAY,
⚫ Sandakan
Foochow via Swatow
SUNDAY.
Swatow, Amoy and Formosa ..... Holhow and Bangkok
TUESDAY, Manila, Australia & New Zealand
via Thursday Island
Fushimi Maru
(Due Marseilles, Dec. 14.) G.P.O. Registration Nov. 15, 9.45 3.0. Letters
.9.80 n.m. NOVEMBER
15.
Hin Sang
Yu Sang
NOVEMBER
16.
Hozan Maru
Kiungchów
10.30 ä.m.
6 p.m.
9 a.m.
2 .m.
NOVEMBER
18.
Kitano Maru
Swatow, Amoy and Foochow Straits, East Africa via Mombasa
and South Africa 'via Lourenco" Marques and South American Ports.
WEDNESDAY,
Japan
Manila
THURSDAY, Manila, Australia & New Zealand
vin, Thursday Island
(Due Thursday Island, Dec. 1.)
Registration Nov. 18, 845 api Letters
.9.80 a.m. Hal Yang . 1 p.m. *
Wakasa Maru NOVEMBER 10.-
•Atsuta Maru Elapress of Japan NOVEMBER 20,
1.30 p.m.
9.30 a.m. 3.80 p.m.
Tai Ping (Duo Thursday Island, Dec. 2.) 'Parcels. .....Nov. 20, 5 p.m. Registration Nov. 21, 9.45 a.m. Lettera
.10.30 a.m.
"Superscribed correspondence only.
DO YOU KNOW that
by paying $130.00 down
and $23.00 per month
limited period
At
Dr. Idelson: Have you ever #old allver In Russia?-Not
or
When It started
its work the Government told it that this could not be done because It would be, speculation.
Premium Proposal.
↓
RETIREMENT OF 'LONDON JACK' Famous Retirever Placed on Pension.
I-ondon, Oct. 11, London Jack, the glant retriever, who has welcomed hundreds of tourists to London and barked "Good-bye" as they sped away, 13. relinquishing his post to a young- er dog and retiring on an old-age pension.
with clothing in accordance with Mr. Malczemoff went on to ex was pro- the collective agreements which it plain that the company hadwith the trade unions.
the agreement that Durmised under ing the first period, when the Gor- gold which it did not sell to the ernment were not limiting the com- Government it would be able to sell pany's rights, it was obtaining the freely in Russia. necessary clothing for the workmen partly from abroad,, partly from buying in the local market. the end of 1928 the company was Informed that it would not be allow- ed to lay clothing in the market be- cause all the stuff there would be distributed, according to certain plans, and only certain Government organisations, would receive these textiles. And then it was asked to apply to this Government organi sation (the Central Clothing Trust) for all the clothing which enterprise and in order to assist the £6,000 in the coin box strapped possible working of the gravel to the full extent, we ask to establish a premium of 90 per cent. over and above the price of gold established in the agreement."
it would need for its workmen.
Managers Punished.
. Dr. Idelson said that a number of works' managers were not allow ed to leave their works because of an accusation by a labour inspector regarding the employment of tem porary workmen and the suggestion that the clothing provided was not of the best quality.
"The clothing was received from the Government department ??^ -Dr Idelson naked. “'
Mr. Malozemoff: Yes. "And yet the managora were punished for fte bad quality," Dr. Idelson commented.
Mr. Sampson, the company's manager in Moscow, had to write to the Supreme Economic Counc!!
Dr. Idelson read a letter written by Major Gwynne, when he was in Russia (May 31, 1928), to Mr. Herbert Guedalla, the chairman of the company, which ran: "In view of the price of gold at the rates of the London Exchange, as provided
For the past seven years, London Jack has acted
08 ап unoficial reception committee at Waterloo station and has exacted toll from all travellers for the help of a
www
"
H. K. Electrics 5 Macen
.....$
***
E
༴ ཨཱུ
ཐཱཿ ཤྲྰི; ; ༈:: ཨིཏྭཱ;
Decent for 1999 ........
Interim cunt / 150
Jan. 0-60 for gear 8043) Oct, 11, 80
150 ct. on all for fast
Apr. on
:
Der. Saterim cena / 1230
Aug. 27, 80 ́ ́
June 16, 30
Dec. for 1920 Sept: Int. 15 % pr. 2003
Fab. 14, 60
May 19, 60
Deo.
Mar. 19, 80
Dea
50 for 199
June None
Des. Lat. tocats Aug. 1, 50
quicente Doo.. 3.00 $ar 17-Fob. 15, 50
just on preference shares) {Subject to Income Tab. 6, BO
PR
[19/-
Sept.
China
part paid $1915 Bura".Th.] .. S'poreTractions(Ord.)/+7/9
(Picf.)/-
*
H
Industrial. China Sugars 170cta.... Malabon Sugars.......5 Cald: Macg. Ord....Th. Pref....Th.
bri
20
127
ME
101 10:40
... 122 18.40 19.00 18.05 12)
July Nana
in
5.20
|11.10:
Canton Ice $ *Cements (com.)
(old)...... Anew)
H. K. Rapes United Asbesto
Stories, &c. Dairy Farma C/R..
444
In Liqulation.
Deso, P4.3 for 1929
Dec.
Apr. 11, 39
17:00 monthly 1977. p. 80, 30-
Scents on old for 159. Mar. 19, 80 Dec. for conte
Bro. fast rident for 3924
i. 1
XIR...... Right......$94
Watsons.
251
12.40
Dec. 11,40) Eur 1929
Mar. 14, 80
Oct. 70 cents for year 31-1
Mar. 31,80
自悲
Fab Last dividend for year
2
***
-
10 Fah. (or year 23-2-57 11.00
May 15, 20
1
Bro
Der A Wings arī Lane Crawfords
for covering the expense of the time he has collected no less than Sinceres in the agreement, being insufficient larger orphanage. During that Mackintosha
Wm. Fowells...........$ around his neck.
Miscellaneous. Jack is-18 now, and old age, and H.K. Amusement"...$ Blindness are cutting down his ch, Entertainment ...$101 efficiency. He has trouble finding
H. K: Constructions... 31
Many Medals.
****
A+R
H. K. Oort. Loans. 51% Prem....
:
In explanation, Mr. Matozemoff his way about the rallway carriage. Ind. G. Bonds... 654 said that the Government objected and cannot sight a kind face 25 to giving gold-pounds, sterling well as he used to... and dollars--for gold, and paid in roubles, until he flatly refused to The medals which London Jack Speculative shares. give it the company's whole produc- has earned would cover not only hla tion of gold for roubles. When broad cheat bat his broad back as the company pressed for a license. well. He has been awarded 41 by to sell, the Government would not one orphanage alone, and has been fsene a licence. Looking for a presented with a silver medal by peaceful solution, the company sug the "Tail-Waggers' Club," the most gested a premium. This premium exclusive society in British dogdom." It had always regarded as Insuf clent.
Jack will be succeeded by a 10- month-old Golden Labrador, who will be known as London Jack. II. that-United. Press.
Rouble's Purchasing Power.. Leslie Scott said
Sir
JTHINK I HEAR AROBBER_INLINE_ HOUSE I'LL GET A
POLICEMAN
HEY, OFFICER-COME- QUICKS) THINK
ROBBERS ARE IN.
THE HOUSE.
'BRINGING UP FATHER
Sou
THINK?
2085 Febresin year 23-June 10, 29
*
182.50 on Preformn!) for year
Mar-181.00 on Deferred 1-1-30 Eept. 27,80
128
དྡྷ::; ཡོ
Dec. None
Interest hiligently
MAN LOONG. PRESERVED GINGER MANUFACTURERS,
NEW SEASON PRESERVED GINGER". Beat quality-Prompt attention to Exporters. Oulce-2, Dundas Street, Kowloon. Tel. 57088, ‹ Factory-2 Godown, Praya, Dandas Street, Mongkok.
YOU WILL HAVE TO GO BACK AND FIND OUT.
FOR SURE AND IR THEY ARE CALL ME"-
**LL BE DOWN AT THE MINIATURE „GOLF COURSE
you can become the proud owner of a
GENERAL ELECTRIC
ALL STEEL REFRIGERATOR
The Hong Kong Electric Co. Ltd. The General Electric Co Ltd.
Jack & Co. Ltd.
Co., Ltd.