JAVA-CHINA-JAPAN-
JCJL
York Building
Hongkongas
LIJN.
REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG, AMOY, SHANGHAI, MANILA AND THE DUTCH EAST INDIES.
}
'SOUTH BOUND.
STEAMERS
Евой
KINECTED
ON OF
ABOUT
WILA LEAVE ON
FOA
TJIKARANG TJISALAK
TJIBADAK
Sust, & Amor 17th Oct
Awar 20th Uct.
S. & AMOT 3rd Nov
19th Oct..
Noon
BATAVIA
22nd Oct. MANILA, M'KSAZ.]
Noon
& NORRADALA 4th Nov., MANILA, A'KSLK.
Noon Ο ΚΟΣ ΑΝΑΤΑ
NORTH BOUND,
STEAMERS
F30m
TJISALAK PJIBADAK TJISAROEA
EXTECTED
ON OF ABOUT
Java,MaxAMAR 11th Oct. BATAVIA 18th Oct. JAVA.MAKASSAR 25th Oct.
WILL LEAVE ON OX ABOUT
FOR"
14th Oct. SWATOW & AMUT 18th Oct. AxOT & SHAI. 97th Oct. SWATOW & AMOY
JAVA.
THE TROPICAL GARDEN OF EDEN.
Follow this flag on the comfortable steamers of the JAVA-CHINA-JAPAN LIJN to JAVA. Gorgeous motoring along hundreds of miles of Asphalt roads.
Famous Botanical Gardens of BUITENZORG. Smouldering Volcanoes.
Ancient Hindu Burubudur and Mendut Temples. -Native Art and Art Craft.-Numerous cool
Mountain resorts 3,000-6,300 feet altitude.
川
A round-trip that takes 3 to 4 weeks to be remembered for a life-time.
For particulars apply to:-
JAVA-CHINA-JAPAN LIJN..
Adents:-
ROYAL NETHERLANDS INDIES AIRLINES, LTD. York Building.
Telephone C. 1574
1575. 1555.
|_ BANER/
BV
LIVE
EXPRESS
FAUNA
SERVICE
"BABBER WILHELMSEN
LINE.
TRANS-PACIFIC AND ATLANTIC COAST
via PANAMA.
· NEXT SAILING
M.V. “TAI
SERVICE
PING"
on OCTOBER 21st.
for
SHANGHAI, KOBE, YOKOHAMA, SAN FRANCISCO, LOS ANGELES, NEW YORK & BOSTON
42 Days To New York
For Passenger and Freight information please apply :-...
DODWELL & CO., LTD.
Queen's Buildings,
Agents,
Talephons C.-1030.
THE HONG KONG DAILY PRESS, THURSDAY, OCTOBER 10, 1929.
Money and Markets
SHARE VALUES SOARING.
RAPID RISE IN PRICES
RECORDED.
NO RECKLESS' FORWARD CONTRACTS.
Some very brisk business has been
:
CANTON TRADE NOTES.
The cage molasses market is very slack and prices low. Latest quota- tions vary from Tis, 4.63 to Tiả. 6.02
HONG KONG SHARES. per ficul.".
MID-WEEK REPORT.
Messrs. Harry 0. Odell & Co. report as follows on the local market:--
.
Central Bank of Chinn notes are how quoted at 03 per cent. of their face value. Tu some shops, they are accepted at pår.
•
PASSENGERS.
Arrivals.
CONSIGNEE NOTICES.
NOTICE TO CONSIÓNEES.
PENINSULAR AND ORIENTAL STEAM NAVIGATION Co.'s
The following passengers arrived here from Australian ports by the 5.3. Changte:-Mrs. H. Emmerton, Mias J. Eggleston, Mr. and Mrs. R. D. Vowell, Mr. G. S. Abráhnan, Miss Findlay. Miss Reid, Miss Yansen. 31g. and Mrs. J. Rankin, Dr. Georgina Sweet, Miss. M. There has been a very healthy Copland, Miss E. M. Hinder, Miss demand for Java sugar as arrivals. Koefoed. Mr. J. E. Joseph," Mr. will probably be short. Prices have P. Taylor, Jr. Tristan Bueest; CONSIG
Hiss L. Nynlasy. Mr. Gibbes, Mr. F. W. Maller, Hon. Mr. and Mrs. F. W. Eggleston, Mr. and Mrs. C. H. Hearle, Mrs Leventhal Afr Martin, Mr. and Mrs C. H.
and Delivery can be obtainal ne Currey, Mr. and Mrs. J. MacKeigument will be sorted out Mark
the Goods are landed.
risen by about five per cent.
The prices for raw silk on Tucs day were H.K.2000 per picul for No. 11/16 and H.K.8070 for No. 13/15 Best 1. Some 370 bales were crease on the preceeding daye.
recorded in lee House Street during have shown a marked improve sold on that day, showing na inzi and child, Mrs, Stanley. Mrs.
ing the last three days, shares climbing rapidly to new levels.
Not since the days of the strike ha so much brisk business been seen. The drop in the dollar is in some way responsible for the rise. Ist sharebrokers, interviewed by a representative of the Daily Press yesterday, attribute the all-round improvement to the strong tone of confidence in banking and business eireles in the Colony.
As a result of more liquid money Anding its way into the market, there has been an appreciables stiffening of prices in most of the favourite shares.
Stocks with investments in steri- ment, the reason of this being prob- ably attributable to the drop in ex- change..
Banka.-End rapid rise of almost 73 points from $1,265, with but little business resulting at inter- vening rates
1
Unions-Can be placed at the new high level of 370.
Underwriters. Have crept up to $2.30 buyers, after sales had been effected at $2.10 and $2.20.
Steamboats.-Were dealt in at 25 and 820, with further inquiries. Wharves. Were taken off the market up to $146, but close slightly easier at $145) sellers.
Docks-Improved to 8321 but have sellers at 832
Hong Kong Baaks showed the greatest jump. On Saturday last the shares were standing at 81,263 Luters. On Monday the market opened with buyers at $10 higher, and before the day was over $1,300 was touched. The next day buyers were found early in the morning at Providents. Experienced a brisk $1.303 but by the rod of Tuesday market and were dealt in at $4.30 $1,340 was offered for shares. Yes- cash, 84.05 November, 83.05 to 85.30 terday the market opened strongly December, closing with buyers at at this figure, but at the close buy- 85.15 cash and 85.33 December. ers were offering 81,360 without Hotels.Attracted considerable Ending shares. A rise of gas inattentian and have stiffened to a three days is reminiscent of the buying rate of 89.00 cash.
Lands.-Met with more inquiries properous days of 1923-4.
and can be placed at 8041.
Humphreys-Have $14.00, with small lots offering at $14.70.
Insurance shares have all appze ciated, Cantons touching 8700, and Hong Kong res 8810. Unions are quoted at $375 nominal, but buyers could be found at slightly below this figure.
Shipping and Mining shares have not appreciated very much, but those who hold Raubs will no doubt e pleased at the way exchange has gone in their favour.
Providents have touched 83.03. and buyers are offering $5 without inding sellers.
were
Hong Kong Hotels have register- ed a further advance and buyers
89.50 yesterday offering Trains also have appreciated, buy- ers now offering 819.80 for shares.
Cements combined have jumped from $9.00 over the week-end" to
and $10.70 yesterday;"
forward shares are mich sought after. Ropes now stand at 88.40, having made half a point headway during the last three days.
Amusements have made a specta- cular rise from 823 on Saturday to $30 yesterday-a phenomenal rise in these days!
The lone of the market is very fim, and buyers are, plentiful. Sellers are not anxious to sell, and laying quotations are seen every where. Those who profess to be in the "know predict that this state of affairs is likely to be maintained For some time.
|
buyers
at
Realtya. Are wanted at $81. Trams. Were weak at the outset at 818.10 sellers, but have since improved to 819 cash and have in- quiries at 818 for December.
Ferries. Have remainded round about $69 and 870, with shares offering at the latter figure.
Lights (Old)Are in demand at $13, after coming to business at $13.40 and 813).
Telephones.Appreciated steadily
to a buying rate of 87.50%
Cements (Combined)-Continued in strong temand, closing with sales at $10.65 cash.
Ropes. Are scarce and unobtain able at quotation rate of 88.40.
Dairy Farms-Were dealt in at 21 cash and 8211 for October, at which rates there are further in- quiries.
Amusements. Have unexpectedly strengthened considerably, rising from 834) to as high as 830.
Shanghai Ootton Stocks, These have been a steady market, with but little variations in the rates from last week.
The Exchange rates for the day
T.T. on London ... 1/01 T.T. on Shanghai ....... 78 Next Settlement Day, Tuesday, October 20
*
A rich kerosene feld has been discovered at Kiungchow in Hainan It is estimated that the Island. field contains 100,000,000 tons of kerosene of good quality. Chinese and American capitalists are co- operating to work the fields.
•
Trade in the North River districts has been practically dead since nutamn set in owing to troop move- ments for which all forms of trans- portation are commandeered. The markets for piece goods and foreign goods" generally are particularly badly hit.
Suttor, Mrs. Yansen, Miss E. M. Yansen, Mrs. Hutchings, Miss D. Hutchings, Miss T. R. Scott Find lay, Miss Wakace, Mr. and Mrs. Weyhe, Miss Little, Mr. Yee Wing,
Gro, Cummings drs. Kelt. iss Kelt, Mr. Mar Way, Mr. Tong, Mrs. B. Fant, Mr. W. F. Fincher, Mr. R. J. Gibney. Mr. Ching Sang. Mr. Shan Pang Kern. Miss Lee, Miss Leong.
CINEMA NOTES.
LAURA LA PLANTE IN A NEW "THRILLER.”
Arrivals of four especially Chi- nese flour from Shanghai have been
The Last Warning showing at very limited recently This, ecupled the Queen's Theatre, to-day till with the high exchange rate for Saturday with Laura La Plante in Hong Kong money has caused a sharp rise in the prices. It is anti-the star role is a riot of thrills from start to finish, Ghostly things cipated that quotations will rise happen and for sheer suspense this still higher na demand is still keen is the finest piece of work that the director, Paul Leni, has turned out.
*
There is a murder-ia fact two
murders a haunted theatre and ghosts' warning a theatrical com pary not to stage their show.
STEAMER DELTA."
ARRIVED HONG KONG ON 9TH OCTOBER, 1929.
FROM ANTWERP, LONDON,GIBRAL TAR, MARSEILLES, MALTA. PORTSAID, ADEN, COLOMEO AND STRAITS.
YONSIGNEES of Cargo by the shore-named Vessol are hereby my formed that their Goods are being landed and placed AT THEIR RISK in the Houg Kong and Kowloon Wharf and Godown Company's Godowns as Kowloon, where zach
Optional Goods will be landed here unless Instructions have been given to the contrary Six hours before arrival of the Steamer.
Goode not cleared within 8 days in- elading date of arrival will be subject to Bent
No Fire Insurance will be effected by u in any case whatever.
Damaged Packages must be left in the odowns for examination by the Consignee and the Company's surveyors Messrs. GODDARD & DOUGLAS at 10 am, ou Mondays and Thursdays, within the Free Storage period
All Claims against the Steamer must be presented to the Undeigned on or before 29th October, 1829, or they will. not be recognised
No Claims will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & Co.,
Agents, Hong Kong, 9th Oct., 1919. (8477
TO-DAY'S WIRELESS
PROGRAMME.
BROADCAST BY Z.B.W. ON
350 METRES.
The cotton yarn market is slightly less dull. Retail sales are brisk but wholesale business is slack and prices are high. It is expected that the market will improve as demand from. the West River districts is
11 to 11.30 a.m.-Commercial still brisk. According to a Shanz more beautifully photographed. | News, Share Reports, etc., in Chi- bai telegram, prices remain un-And as a versatile actress, the nese and English. changed during the last two days. little blonde comedienne is in a
class by herself.
TIN RATIONALISATION.
PREPARING THE GROUND
FOR ACTIVITY...
Miss La Plante has never been
At the Star. Tho Country Doctor" in which Rudolph Schildkraut plays the title role will be on view at the Star Theatre to-day, 2
Rudolph Schildkraut the veteran It can hardly be supposed, writes character actor has established him- correspondent "that any parti-self as one of the greatest artist of rular progress is likely to be made his type on either stage or screen with the tin rationalisation scheme today and his performance in "The during the holiday month, but it Country Doctor," which tas been believed that matters are steadily adapted from the story by Mann moving in the direction of getting Page and Isola Forrester. is sail together the principal producers of to be the best of his career, tin for, agreement ns to a selling policy. Two of the principal figures engaged in the endeavour to form an Association for the pro- tection of tin producers are at pre- sent on the Continent, and without their inspiration not much is like- ly to be done.
"Nevertheless, arrangements are
SUNRISE AND SUNSET..
FOR OCTOBER, 1929.
Sunrise.
.6.17 .m.
.......G. 18
so far advanced towards the bring-To-das ing together of the principal in-To-morrow, terests connected with tin, the Saturday ...... 6. 10. metal, that the Tin Producers Association is ready in being, hold- ng meetings, and is preparing the ground, in one way or another, for the coming of the British American.
While there has not been any evidence of reckless forward tracts being entered into... the volume of forward business is quite large, and everything seems to in TEXAS OIL CORPORATION. Tin Association that is expected to
dicate that the December Settle- ent in Hong Kong will be quite heavy.
RUBBER.
exert a powerful influence when it begins to operate for the benefit of ANNOUNCE ISSUE OF BONDS. those interested in the production
ĮRECTER'S AMERICAN SERVICE]
NEW YORK, Oct. 8. The Texas Oil Corporation, the largest oil company in the country outside of the Standard Oil group,
of tin. There are, of course, a few and powerful people who still stand outside the ring of these consent ing to agree to the principles enunciated by the Tin Producers' titude of the Dutch producers it is Association, and the probable at-
difficult to estimate, although up to
FROBLEM OF U.S.A. DEMAND.
Messrs. Peatreath & Co. have forwarded us the following letter, dated September 4. from Mesara has announced the issue of fire the present little support worthy
Liver
Hornby, Hemelryk & Co., pool :-
The market continued
quite steady up to the end of last week due to some houie trade demand and also to some enquiry for nears from America.
The fact that the American market was closed on Saturday and". Monday brought business to standstill for the moment, and the receipt of the August shipment figures caused considerable disap pointment owing to the large total of 50,441 tons, compared with 46,454 tons in July.
An analysis of the shipments makes rather interesting reading as will be seen from the following figures-United Kingdom 15,017 tona, United States 24,584, Contin- ent 5,589, Other countries 5,258.
The quantity shipped to America is much smaller than last month and is certainly not sufficient to meet the present rate of consump. tion. It seems to us to be only a matter of time before American buyers will be forced to come to London for some supplies.
per cent fifteen-year convertible of the name has been received from Debenture Bouds to the amount of the interests by those who are in ane. hundred million dollars, price charge of the Association." 06, and the "interest proceeds will be devoted to the expansion of the company's bueinees.
EXCHANGE RATES.
(BRITISH WIRELESS SERVICE.]
Rocay, October 3.
123.864
Paris Brussels Ameterdam Berlin
34.98
12.10
20.40
Copenhagen
18.21
34.57
193)
1081
Bi7
477
2/2
Vienna Helsingfors Lisbon Bacharest Buenos Aires Shanghai Yokohama New York Genevn Milan Stockholm Oslo Prague
Madrid
Athens
"Rio"
Bombay Hong Kong Silver (spot) Silver (forward)
1/11 17,32 4.88 5/32 25.17 92.80 15.12.
18.90
101)
32.77
375
BK
1/5 13/15 1/0 2/3. 22 15/18 23,1/10
Meanwhile the price of the metal mains steady, and, notwithstand- ing the lassitude prevailing in a good many markets on the Stock Exchange owing to the August, feel. ing everywhere apparent, tin min- Ing shares manage to maintain. their prices with noteworthy firm-
ness
ALUMINIUM FROM CANADA.
("D.P." Special Service.} Ottawa, Ont.-Featuring Cana- da's exports of non-ferrous 'ores and smelter products in June was a large increase in the shipments. of aluminium. The report of the Dominion Bureau of Statistics gives the amount of aluminium ex. ported in blocks, etc., during the month as 13,331,300 pounds valued at $2,308,701 compared with only 2,224,600 pounds worth 8422,198 in May and 5,822,000 pounds valued at $1,153,833 in June of a year ago. Exports of copper in ore, matte, regulus, ete.. totalled
7,283,700
Sunset:
6.03 p.m.
6.02
6.01
12.30 to 1.30 p.m.-Demonstration programme" (Chinese and European recards). For use of the Radio deniers.
1.49 p.m.-Weather report. 3 to 7 p.m.-General programme. (H.LV. records supplied by Messrs. S. Moutrie & Co., Ltd.).
7.43 p.m.-Evening weather re- part.
9 p.m.-Evening general_pro- gramme of Chinese music. (From Studio). Mr. Li Yick Mai (the Chairman of the Chinese Chamber of Commerce) will speak in Chi-
Deac.
10.30 p.m.-Close down.
Well, George," said a country cleryman to an old man who sat. by the wayside breaking stones, that pile doesn't seem to get any smaller.'
man,
"No, vicar." replied the old them stones is like the Ten Commandments; you can go on breakin' 'em, but you can't get rid of 'em."
DODWELL & CO., LTD.
NEW YORK BERTH.
FOR NEW YORK & BOSTON via SUEZ.
LLOYD TRIESTINO.
FREIGHT REGULAR MONTHLY PASSENGER AND SERVICE for BRINDISI, VENICE AND TRIESTE (FIUME). TAKING CARGO ON THROUGH BILLS OF LADING TO GENQA, ALL ITALIAN, ADRIATIO, LEVANT, BLACK SEA AND DANUBE POETS.
BEDUCED PASSAGE RATES, BRINDISI, VENICE & TRIESTE LONDON
£75.0.0. £83,0.0.
*
NEXT SAILINGS. OUTWÄRDS FOR SHANGHAI, YOKOHAMA KOBE AND MOJI,
M.V."BOMOLO" 8.8. VENEZIATM
From Hong Kong. Bails on/or about 29th Oct. Sails on/or about 7th Nov.
HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE,
M.V. “ESQUILINO" 88. ROSANDRA"
M.V. "RUMOLO".
From Hong Kong, Bails on/or about 15th Oct. Bails on/or about. 2nd Nov. Bails onfer about 30th Nov.
pounds valued at 8735,045 and blis NATAL LINE OF STEAMERS
Private estimates of American consumption in August" forecast a considerable reduction owing to some slackening in automobile pro- duction. At the same time, it was
ter copper," 11,887,400 pounds worth 82,141,250, a total of 18,251,100 anid in the Spring that consump
pounds valued at 82,677,197, tion would show a marked decline
These figures represent a slight de- in the early summer months, but
crease from May when 20,613,300 so far it has been maintained at, a
pounds worth 83,134,181 were ex- very high level, and according to
ported but a large incrcass over American advices the August ques-
June 1928, when Canada's exports tionnaire" figures will show a con- siderable reduction in tyre stacks.
of copper totalled 13,601,000 pounds Stocks: London 35,505 tons (in- "Our New York correspondents worth $1,08,288,
Exports of nickel of all grades crease 954 tons), Liverpool 7,500 cabled last night that the demand tons (increase 275 tons).
on the part of smaller manufac during June totalled 11,840,500 turers is broadening. Purchases pounds valued at $2,627,480" com
pared with 9,192,600 pounds worth are recommended in weak markets.
Close New York last night:-82,110,200 in May and 7,103,600 December 20.80c, March 91,302, May pounds valued at 81,235,775 in
June of last year 21.70c, July 2100
Close London last night-Spot & Sept. 10.1-16d, Oct./Dec. 104d, Jan./March 108d, April/June 1010, Jan./Dec. (1930) 11d.
(Continued at foot of next column).
FROM CALCUTTA & COLOMBO TO SOUTH AFRICAN PORTS
8.8. "UMZUMBI."
Baile From Calcutta Erd Nov. Regular Pascogor and Cargo Service to South African Poris. Through Bills of Lading issued from Hong Kong,
For Freight or Passage on any of the shove Lizes, apply to
DODWELL & CO, LIMITED.
Agents. Telephone: Central 1030,