Money and Markets.
HONG KONG MARKET
REPORTS.
SUGAR.
PRICES LOWER IN LONDON. AND NEW YORK.
THE HONG KONG.
MANILA AND COTTON.
MOVE TO STIMULATE PRODUCTION.
1.
[United "Free"]
DAILY PRESS, TUESDAY, JUNE 4, 1929.
CHINA AND PHILIPPINES.
TRADE COMMISSIONER TO BE APPOINTED.
[United Press,]
FLYING OFFICER'S FATE.
JURY AND DRIVER'S "LACK. OF CARE" ON GREASY ROAD.
Lack of care on the part of a
R.A.F., attached to Per
SHIPBUILDERS,
SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS,
90,
"OXY-ACETYLENE AND ELECTRIC WELDERS,
MECHANICAL AND
ELECTRICAL
ENGINEERS.
Manila, P.I.Attempts to re- Manila, P.I.-If manufacturers ear-driver, in the opinion of s duce importation of cotton cloth and exporters in the Philippine coroner's jury at Salisbury, was into the Philippine Islands by| Islands are to take full advantage" | connected with" a road smash" "in- stimulating production of cotton of trade possibilities, with China valving the death of Pilot-Officer
Gibbe, on a large scale in the islands are the local government should send Hugh Washbourn Mesars Pentreath & Co. have being made by officials of the a trade commissioner to the neigh
Old Sarum kindly forwarded us the following Picul.
letter,
Bureau of Agriculture.
bouring Republic, is the belief of Aerodrome, the son of Mr." H, W. dated May 3, from $7.19
Statistics published here show Jorge B. Delgado, member of the Gibbs, retired soliciter, of Enth. Messrs. Hornby, Hemelryk & Co., 7.30
that cotton cloth valued 7.38 Liverpool:---
at insular legislature, who returned
than cloth, valued at P.15,339,025 porta... P.40,531,004" and cotton goods other recently from a tour of Chinese
were imported in 1928 from the
Yesterday's quotations for rice and other foodstuffs are a fol low:-
Rice.
Hung Dor Fook
Luk Shoung Yin
Ching Luk
Red Seal
Broken, Hung Che
Broken, Blue Seal Granulated, Red Seal No. 1 Granulated, Red Seal. No, £ Glutinous, Red Seal Cargo Rice, Black Seal ....
Miscellaneous,
Granulated Coarse augar,
No. 19
Granulated Course
augar,
No. 24
Scarlet Bean
Green Small Bean
Melon Seeds
Lotus Seeds.
Yellow Fungus, Canned White Wax, Yunnan
COTTON YARN.
7.15 4.12 8.41
Prices on the Londen market are about 3d. lower for Raws and 5d..
5.80 lower for Whites than those ruling
5.50 8.97 6.10
$ 6.80
A week ago.
British
American refiners do not seem to be interested in new purchases of 7.76 Raws at these levels until they are 3.60 in a position to dispose of their 8.20 large stocks of Refined. 1520 refiners seem to be in very much 2.00 the same position, and the London 250.00 market has reflected the decline in
78.00 New York, "
United States, England, China and
Јарап..
said.
"Other countries of the world are making a scramble to
Gibbs was one of four. officers re- turning from Uxbridge to Salia- bury in a car which at St.
** China affords a wide and rich. Thomas's Bridge, near Salisbury, field for our products, Delgado akidded on
the greasy road and overturned into a ditch. All four occupants were pinned beneath the overturned vehicle and more Or leas injured. Gibbs died from a fractured skull at Salisbury In- firmary the same night.
We
Renewed liquidation of May in New York, together with further
By growing cotton on a larger Cuban selling, has been the eausescale in Batangas and in the establish closer trade and economic of the further decline.
Olocos provinces, where the soil | relations with China and and climate are favourable, "the should do the same Philippines' amount of cotton goods and cotton products now are being mistèpre products imported into the Philipsented in China and I believe there need for appointment · of a pines may be reduced in a com is a paratively short time, it is believ-trade commissioner who will pro- ed by agricultural authorities bore, mote better economic ties between
Of the Philippines provinces the two countries.” growing cotton Ilocos Nort raaka
Representative Delgado interds first. Large plantations are found to introduce a bill into the next in the vicinity of San Nicolas and session of the insular legislature, Laoag Cotton land here may be which convenes on July 18, providear were worn. cultivated for approximately P.27 ing for the appointment of a per hectare while the yield per hece Philippines trade commissioner to tare is approximately P.46.
At the moment, there seems to be no new buying power, except CANTON MARKET REFORTS. caional professional short cover- ing, to arrest these fresh declines, and all that can be said in favour of the article' at the moment is that the price is undoubtedly cheap... As usual, the market for cotton The Cuban Export Co. estimates the total production up to the 27th dull yarn is
at the present April at 4,855,000 tons. This con- season, but this year things are cern estimates the total output exceptionally slack and prices un-between 5,050,000 and 5,100,000" usually low. The causes are diffi-
Further centrals have ceased' culties of transportation, the war, grinding, and it is reported that and large arrivals from Japan. It 64 are now operating, against is expected, however, that after a 96 last week, month or two, things will improve. Latest quotations are as No. 10 Sailing Vessel
tons.
Prices cannot, of course, go follow:-level, and any reliable reports un- down indefinitely from the present 8240 favourable to the next Europeas
232 crop would probably bring about 240 a sharp recovery.
Close London (Ras
Lotus & Bee
Peacock
Golden City
£23$
No. 12 Foo Kwai
955
Poo Yee
214
Tak Lee
Golden City
No. 20 Golden City
Yan Chung Globe ..... Ng Fook .... Good Harvest Muk Yeung No. 16 Foo Kwai.... Globe
No. 32 Pine & Deer
Po Tat
Choy Fung Tin Koon
No. 42 Yeung Hok
No.
14/18 20/22,
Butterfly
6 Lion
Lion, No. 2
RAW SILK.
WOOLLEN TRADE WAGES.
WORKERS' BALLOT ON 'PROPOSED REDUCTION. "
The eight firms in the woollen trade whose factories are in the
heavy woollen district of Yorkshire
China.
HARROW TUCK SHOP.
PALATTAL QUARTERS ENVY
OF BOOK-LOVERS.
Criticism has been made at Har row School that while the Tuck" shop has palatial quarters the Book zhop is housed in insignificant sur and who have given notice of aroundings, and lends one to sup- Beet) 10 per cent, reduction in wages on | August. 68/5}d.
week:base rates have now replied to the tion is paid to brawn than braina. pose, it is argued, that more atten- 88/82d..
request of the National Union of In the current Harrovian, the Har Close
Beet) London (Raw
Textile Workers for a withdrawal
row School magazine, a writer over 282 December 88/31d. Last week:- 200 99/02d.
or postponement of the operation the signature.of Chef" takes up 972
London:-(Raw Beet) of that notice, to the effect that the cudgels for the Tuck shop. He 09/04d. Last week: they cannot entertain such a pro says:-
Close
202 Märch
956
302
Last
286 98/3/d. 285
Close London (White) August 28 10s/8ld. Last week:-11s/1jd..
Our New York correspondents 358 cable that sugar, has declined on 330 the poor outlook of a speedy en 380 forcement of the new tariff. Heavy 412 offerings of near shipments de- 440 pressed the Raw Market, but May » 196 tenders have been well absorbed, 180 and there has been some short covering. The undertone has con- siderably improved.
H.K.8945 885
BEANS. There has been much activity in the market of beans of various kinds and prices are high.
8 10.10
Soy Bean
White Bean
Black Bean .....
Green Bean ........... Small Green Bean Scarlet Bean .....
FRUIT
10.10
8.35
.9.10
11.00
STRIKES IN PHILIPPINES.
DISCORD AFFECTING TRADE.
[United Press.]
posal.
The consequence is that the workpeople concerned are to be asked to vote either for or against an acceptance of the employers' terms. For this put jose voting papers are being distributed to the workpeople whether they are mem- bers of the union or not. Copies of the employers' last letter to the uulon are being handed to the workers.
"After reviewing the circum- stances which have led up to the issue of the reduction notices, the employers' letter says:-The very regrettable and distasteful task of announcing a moderate reduction to our workpeople was made less the reasonable
disagreeable by 11.00
The market for fruit has been rather inactive and prices are low. 4: Per
24.05
Picul Orange, Sunwui district. Tls.23.20 Orange, Luntou Big Mandarin Orange,
Szewci
Water Chestnut Mandarin Orange, Chao-
chow
Olive, Foochow White Olive, Lokong... Pear, Tientsin Banane
Pullet Cock Hen
...W
POULTRY.
Heu, Shinkwana
Duck
Manila, P.I.-Labour troubles, arising from a prospective concert- ed demand for increased wages, are likely to be Manila's lot with- in the next few months in the be lief of police and capitalists bere. At present. Manila is watching with interest a strike of 800 lumber 18.00 yard workers which is threatening 4.08 to cripple the local lumber indus
try. De C. Chuan, banker" and 23.70 president of the Negros Philippine 20.50 Lumber corporation, believes that 14.30 the strike in his industry is but 23.20 the beginning of a general demand 8.05 for an increase in wages which Per may sweep Manila.
spirit in which they, with their knowledge of local conditions, re- ceived their intimation,"
Dinner-hour meetings of workers are said to have been in favour of a, stoppage.
BLUE BIRD PETROL ALLEGATIONS.
"£697 CASH LEFT OUT OF £238,000."
At the subsequent inquest a ver diet of "Accidental death" was re turned. The jury added a rider that they considered the driver of the car, Flight-Lieut. W. A. D. Brook, R.A.F.. should bave exer- cised more care and proceeded at a slower speed than 25 miles an hour, particularly in view of the the fact that the rear tyres of the greasy roads, bad visibility, and
The coroner, concurred.
A SIGNALMAN'S 'SPLENDID' CONFESSION.
INADVERTENCE THAT COST A LIFE.
"You have done splendidly to make such a frank statement. It is good to find some one who tells the truth," said Colonel A. C. Trench. Inspector of Railways, to
the
J. San, signalman; at Ministry of Transport inquiry in to the Newton Abbot railway col- lision on April 98, when one man injured. was killed and four people were
must
Saffin said he was on duty in the Aller signal box, and he have inadvertently pulled off the signals, thus causing the passenger and goods train to collide. He re gretted his mistake.
Colonel Trench: When you had realised that you had made a mis
what did you do?
Both shops are symbolic. Few books are to be chewed and digest-take, ed, according to Bacon; so the Bookshop is small. Foods treated in this way take more room:
The student may eat enormously Books use up a lot of vitamina. sad yet not have enough. The Bookshop justly symbolises the mid- twinkles with determined and pro- night oil, but the brass rail phetic cheerfulness Books merely circulate, but Foodshop finance moves in a widening allipse irrigat ing with its golden stream objects aver more distant from the coures.. "Still danger dogs all good deeds Should the stored up energy not be expended, intellectual con- gestion would set in, with clogging of the vital ducts, slackness, skew- age, Fourth Form stodge, and Bellies and books Fingellation may be athetically discordant, but they are fundamentally congruent."
GAOL FOR A GIRL.
THREE MONTHS FOR A FIRST OFFENCE.
www.
Adele Taylor, aged twenty, a. nursemaid, of St. George's-road. Beckenham,
Bentenced Wis Bromley Police Court to three months' imprisonment for her first offence.
"I Waved My Hands," Safn: I went to the window of the box and waved my hands
Have you ever had occasion to run passenger trains round goods trains at this point l-It was my intention, after the goods and the the passenger train on the up re- branch trains had passed, to put lief line into Newton Abbot.
Can you give me any idea how you came to make this mistake?— Nane at all, sir.
Have you any family trouble or anything of the sort!-No, sir,
It was pure inadvertence 7-Yes. Colonel Trench: You have done your best to make up for it by being frank.
HUMAN SACRIFICE.
DEMENTED MOTHER'S TERRIBLE "DEED.
- New York police have arrested on a charge of murder Mrs. Irja Brown, a negress who killed her eight-weeks-old baby, Faith, in an ecstasy of religious mania by thrusting the child into a furnace as a human sacrifice.
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Tel Ventral 1574)
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TJIMANOEK... DALY, X'LUNG.IHarbour
& Axor TJIKARANG ... 80. & Axor InHarbour
TJISAROBA S'EM. & Axor 18th June
TJISALAK DALNY,E'LUNG. 17th June
-& AXOY
TJISONDARIS'. Amor 24th June
TJILEBOET SAI KLUNG, 30th June
& AMOY TJIKEMBANG '8'xat. & Amos 4th July
SZLAKIRI
FOR:
5th June, Maxina, M'xsam. I p.m & BOXRAMAIA 5th Jone BATAVIA
15th June,
BATAVIA
19th Jute, MANILA, H'EME
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4 p.20
2nd July, MANTLA, M'KSAR. 4 pm & SoxRANAIS 6th Jul BATAVIA
NORTH BOUND,
FROM
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WILL LEAVE ON OR ABOUT
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TJILEBOET... JAVA,MAXARIAN 12th Jane TJISONDARI BATAVIA 12th June
BATAVIA 22nd June - TJIKINGA JAVA, MaxAzan 26th June BATAVIA 3rd July THIKARANG TJIMANOEK - JAVA,MAKASSAR 10th July
14th June amor & 8'J.: 14th JunalAmor de B'hal 24th: JunsjAmox & B'HAI. 29th Jane Axor & 'HAL 5th July ANOT & S'HAL. 18th July Amor & S'HAI
EXCURSIONS TO JAVA
According to the story told by
TJIKEMBANG at three other children, Mrs. Brown. spent the previous morning pray- ing at Faith's crib. In the after- noon, she called the children and, She was found guilty of stealing clothes, told them to kiss her good- after dressing the baby in its best The crucial fact disclosed in and receiving a diamond ring Picul. In Dec's opinion agitation cut- the statutory report is that of valued at £5 and a diamond and bye. 8110.70 side of the group now striking is £238,000 cash appearing as having emerald ring valued at £30. De Brown repeated again and again. She is going to Heaven," Mrs. 100.90 very stroog. The prominent been received only £097 cash re-tective Sergeant Wall said that Then gathering the little bundle"
81.80 Chinese businessman is of the 109.00 upinion that the present strike is mained in the coffers of the com- Taylor had not been convicted be-
in her arms she went to the cellar. fore, although she had been under 87.50 but the beginning of a "Red" pany,"
Mr. Gover, K.C., made this surpicion a number of times. She Little Joyce, a seven-year-old sis- the Philippines which may reach greater propor-statement in London at the Com- had posed as a probationer aire fer, followed, and it was she who
from St. Bartholomew's Hospital discovery.
later led the police to the gruesome tions He declares that Antonio panics, Winding-Up Court recent-
Dr. K. N. Purkis, brother of D. Ora, labour leader, openly ady when Mr. Justice Maughami
Mrs. Brown was baptised shortly CANTON STOCK EXCHANGE. yocated Bolshevist principles dur again had before him a petition Taylor's employer, naked the Bench
ing conventions here on May Day.. for the compulsory liquidation of to reconsider their verdict. He before the barth of the child, and said that Taylor had been a good she has since spent much time in Bo serious is the local strike of Blue Bird Petrol, Limited,
nurse, and it was not desired that prayer.. The police believe that CLOSING QUOTATIONE.
lumber yard labourers looming Mr. Cover said that on the date the charge should be pressed. It her tortured mind gave way under that employers are giving con- of the last hearing the statutory was only a case of recovering the the frenzy of her religious fervour, and that she put the baby to death CANTON, June 2sideration to advisability of im report was sent out, and disclosed fings.
some remarkable facta. 83.80 porting strike breakers from the
to assure salvation for the child Preliminary 4.40 outside provinces.
and other members of the family. 0.49 attempts to mediate between 96.00 strikers and employers failed.
Goose
Electric Light & Power ...
15,70 movement
Water Works
Canton-Haukow Railway The Sun Company
Sincere Company
122.00
Nanyang Bros. Tab. Co....
Canton Tramways
4.10 2.50
China Merchants'
Steam.
Navigation Co...... 45.00 Central Bank of Chine
42.00
TODAY'S WIRELESS
PROGRAMME.
BROADCAST BY ZBW, ON 350 METRES.
148 p.m.-Weather report. 345 to 830 pm Frogramme of Chinese music. (Records supplied by The Sincere Co., Ltd.).
10.30 p.m.Close, down.
13
The chairman replied that it Lengthy Reply.
was one of the uncomfortable and Mr. H. D. Samuels, for the com- difficult cases the Beach had, to pany, who asked for another deal with. The Bench had to be week's adjournment, said that the consistent in the way in which matters set out in the amended they exercised their duty, petition covered considerable
ground, and would require a long
idavit in reply. Many, sums of
Sa
THE SEASIDE POSE.
money had to be traced from their MIDSHIPMAN FOUND DEAD. "It is not uncommon for young source to where they had gone, people at the acaside to pose as and every one of these transactions something quite different from what would have to be gone into care- they really are." said a barrister fully. at Squthend Police Court when
..
Mr. Gover then made the state-
EIGHT DAYS' MYSTERY SOLVED.
"WISE" IN REFUSING
"TO MARRY, CORONER COMMENDS A GIRL'S DECISION.
Harold Probert, aged twenty- five, a carpenter, of Walsall, com mitted suicide by inhaling coal gas when bis faneće, acting on medical advice, broke off her engagement
A doctor told the girl that Pro- hert had hereditary consumption,
Probert left a note in which he grent-
defending Peritz Sokofsky, aged meat quoted above, and added The body of Mr. John Peel, & twenty-three, tailor, who was bound that different items of an extra midshipman in the Royal Navy, over on a charge of obtaining ordinary nature in the statutory was discovered by Capt. Inatance, money by false pretences.
report would have to be dealt who commands the yacht Hoy, on It was stated that be offered a with,
w the mud near the Agwi Pier, Faw-wrote that he had lost the man he met at a local club the Mr. Justice Maugham said thatley (New Forest),
est prize in his life. heavy lead in a new taking film he would allow the petition to Mr. Feel had been missing for The coroner, in, recording a ver. called The Triumph of the Rand over for another weekHe eight days Beared parties were diet of Bateide while of sunad afterwards taking 3 to make bim said that Mr. Lorang, the chair-organised, and dragging operations mind, at the inquest, told the a member of the Film Artiste man and managing director, mast have been carried out since be was fiancée that she acted most wisely Guild and Club.
be in attendance for examination. reported to be missing.
and need not feel remorse,
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