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JAVA-CHINA-JAPAN-
JCJI.
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LIJN
Tel. Centrál
REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG, AMOY, SHANGHAI, MANILA AND THE DUTCH EAST INDIES.
SOUTH BOUND.
STLAKENS
FROM
EXPECTED or ca ABOUT
WILL LEATE ON
Fox"
-
TJILEBOET
Axor 17th Nov. TJIKEMBANG STAL. & AMOY 18th Nov. TJIKARANG SIAL. & Amor 28th Nos.
Амок TJISALAK
1st Dec.
20th Nov..
19th Nov,MANILA, M'KAR Noos A SOKHABRIA
BATAVIA
Noon 30th Nov
BATAVIA
Noon
THE HONG KONG DAILY PRESS, TUESDAY, NOVEMBER 12, 1929.
WARSHIPS LIKE SPEEDBOATS.
Money and MarketsS
GOSSIP FROM THE SHARE MARKET.
HOLIDAY, ATMOSPHERE ON THE "RIALTO.”
FREE ADVICE FOR INVESTORS.
[BY
KUFAN."}
Guazij" often mores the market, | EWOS seemed to have slipped but no rettor should either buy considerably during the week, and for sell on market gossip only. shares were sold at lowering rates The share-market was fairly quiet from Tis. 18.50 to Tis, 15.95. They recovered somewhat on Friday and during the week under review, due Saturday, and improved to a buy in a large measure to the Inter-ing rate of Tha. 13.60. I hear some large forward contracts were put port cricket that has been going on. through in Shanghai last week, and The volume of business put through apparently the feeling is that the has been therefore correspondingly panic in this stock is about over, and that a steady rise in the near future is anticipated.
small.
Rates at the end of the week appear to be gradually weakening in several stocks, and it would ap 3rd Dec., MANILA, M'xspear that a number of people are inclined to take their profit rather by Noon & SOELAJA
than hold out for the top of the
NORTH BOUND.
KEPICTED
STEAMERS
Faox
03 03 AJOUT
WO.L LEAVE ON OX ABOUT
FOR
TJIKARANG ..}. BATAVIA 16th Nov. TJISALAK Java,Maxx 22nd Nov. BATAVIA 47th Nov. TJIBADAK
JAVA,MAKASSA 6th Dce. TJISAROBA
BATAVIA 7th Duc.. TJISONDARI
18th Nov. Amor & S'uar, 25th Nov. Swaro & AMOT 27th Nov. Axo! & S'HAL
Pth Dec, SwaTow & AMOY 7th Deo. Axor & S'AL
JAVA.
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Queen's Buildings.
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100 % TALKIE
"ALIBI"
AT THE QUEEN'S TO-DAY
H E
market.
Business in forward shares also has "cased off" somewhat, but I hear that some very big deals in December Evos have been effected in the Shanghai market.
The present week, I think, will not be a busy one on the Rinito," in view of the continuation of the ericket Interport, but should there be nay cheap shares offering, buyers will appear, probably promptly in spite of the apparent standstill.
REPLIES TO READERS,
Readers who have written to me last week will find answers to their queries below.
الريان
ADMIRALTY TO MAKE
TESTS.
'MILE A MINUTE.
It is reported that Admiralty ex- perts ara engaged in studying the design of modern speedbouts, which have altered all preconceived idens of possible "speed on the water.
This important step is being taken to determine if there is any prac ticable application of the speedboat to naval construction.
The authorities have in their possession fall plans and drawings of Miss Engiand, the British speed- boat that, driven by Sir Henry Segrave, recently beat all rivals including Miss America, at great regatta on the Lide.
the
averaged & speed of ninety-two Miss England on this occasion miles per hour over the course. The fastest British destroyer of the Am busende class has a speed of forty- four miles an hour. Individual des troyers have done slightly faster speeds.
Rivals Compared.
naval authorities is this: While the The point that has impressed American speedboat Miss America
DODWELL & CO., LTD.
NEW YORK BERTH.
FOR NEW YORK & BOSTON via SUEZ.
M.V. "PENRITH CASTLE".
Sails on/or about 16th Nor.
LLOYD TRIESTINO.
REGULAR MONTHLY
PASSENGER AND FREIGHT
SERVICE for BRINDISI, VENICE AND TRIESTE (FIUME). TAKING CARGO ON THROUGH BILLS OF LADING TO... GENOA, ALL ITALIAN, ADRIATIC, LEVANT, BLACK SEA AND DANUBE PORTS.
REDUCED PASSAGE RATES.
BRINDISI. VENICE & TRIESTE £75,0,0. LONDON
£83.0.0.
NEXT SAILINGS. OUTWARDS FOR SHANGHAI, YOKOHAMA. KOBE AND MOJI.
M.V., "HIMALAYA" M.V. "VIMINALE"
M.V. "ROMOLO". 8.9. "VENEZIA M.V. "HIMALAYA"
From Hong Kong, Sails on/or about 20th Nov. Sails on/or about 5th Dec.
From Hong Kong.
Bails outer about 30th Nov.
Sails on/or about 10th Dec. Sails on/or about th Dec.
has practically the same maximum HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE. “Kufan” will give advice or in-speed as Miss England, she is co- formation on any question concern-gined with two units, each develop- ing the Hong Kong, Shanghai, oring 1,000 hp Miss England has a Singapore share market. Readers single engine of slightly less than desiring such information are in- 1,000 h.p. In other words, she has vited to write addressing their cor- ting same speed almost as respondence to "Kufan," care of American boat with only half the the Editor of this paper, and replies power available. will appear in this column the fol- lowing Tuesday.
Names and addresses must be in cluded, and it is desired that a nomme de plume be used, to enable HONG KONG BANKS-These inquirers to identify the answer in. shares were somewhat neglected,tended for them. and only a
few small parcels! Every step will be taken changed hands during the week at furnish as full and informative a $1,355.
reply as possible, but this is done on the clear understanding that no responsibility whatever is admitted by the writer.
.CHINA UNDERWRITERS were dealt in at 89.35 and $2.40. The demand for these shares has slack- ened, and at the close buyers were only offering $235.
*
UNIONS appear to be on the easy side, and at around 8365 quite a few shares will be available.
DOUGLASSES were sought after i at 895, but no 'shares appear to be forthcoming.
WHARVES were the medium of a few transactions during the week, and closed with buyers at 8147.50.
CHINA, PROVIDENTS: After changing hands earlier in the week at 86.45 were somewhat neglected, and buyers were only offering $3 for shares, with sellers holding out for $3.25.
*
+
HONG KONG DOCKS-Shares can be picked up at $38, with no buyers" in evidency.
HOTELS-A inir number of shares changed hands at 911 and $11.20, and closed with buyers at 811.
*
HONG KONG LANDS changed shares hands at $0.30, with no forthcoming at the close of the week at this price. Beyers are in evidence at 3288.50.
+
+
•
HONG KONG REALTIES have sellers at 80, but I'learn that buyers are scarce at the moment.
"'*
*
HUMPHREYS-There are buyers at $11.80, but I have cot heard of any business being put through during the week.
1
*
HONG KONG" TRAMS--Sales were effected during the week at 810.75 and 819.85. I hear a few large parcels of forward shares bave been negotiated for December/ January. Cash shares were wanted at the close at $19.75.
+
*
STAR FERRIES are wanted at $70.50, with an sellers coming out.
*
#
CHINA LIGHTS had a sharp jup during the week owing, DO doubt, to the announcement of the new issue. Shares, changed handa during the week at rates varying between $15.00 and $15.90, and at the 'close there wore buyers at 818.50, sellers holding off for slightly. more than this rate.
ELECTRICS eased off slightly during the week and shares chang ed hands at 866 to $68.50, finishing up with buyers at 868 and sellers wanting 2 cents more.
*
CEMENTS have, been very quiet during the week, and there were quite a number of sellers in the market at the close of the week. Presumably a number of holders do not care to speculate further in this stock, and prefer to take their pro- fit while there is a tempting mar- gin in hand. I understand shares were put through at as low as $12.75, and there are further sellers at this rate.
*
DAIRY FARMS-A few" shares were negotiated, at 821 and 821,25, and they closed with buyers offering only 820.75 and sellers holding out for $21.
to
BONDED-I still cannot say any more than that negotiations are proceeding.
*
MICKEY-You are right, and if
had to choose between Nos. 1 or would choose" the latter every time. The former company
has paid no dividend for some time, and prospects are not as good as rumoured.
*
#
*
the
Experts have stated that if cer- tain features in the design of Mia England were incorporated in a destroyer, the speed of this type of craft might be raised to a mile a minute, or more, without the use of great engine power.
The question, it is understood, is likely to bo tested in the near future.
The. hull design of Miss England has not awakened the interest of our Admiralty only. During the race on the Lido the organisers of boats should be berthed before the the event insisted that all competing
race in the Italian Naval Arsenal in the Adriatic.
the closest interest by the Italian Misa England was examined with
fully alive to the possibilities of anval Authorities. They, too, are speeding up light war craft. It Italy built a speedboat to compete was mainly for this reason that
with the British champion. was engined with three power units developing more than 3,600 h. p., but it has so far proved a failure.
Power by itself is of little avail it hull design is ineficient.
-Nations' Watch.
This
PORTSMOUTH-Undoubtedly the best course would be to get the shares out here first before nego. tinting for their sale. If, how- ever. you feel that rates will drop, I think a buyer could be found for the shares to be delivered on
It is not generally known that arrival, provided a time limit is the man most responsible for the fixed. There is, however, no re-design of Miss England is about son to anticipate a drop in rates. thirty years of age, Mr. F. Cooper, who carried out his work under the CATSOT-The stock on which you direction of Mr. Scott Pain.
desire information is & very has certainly awakened the interest steady one, and a first-class of the raval authorities of several security at the banks, I do not nations. think rates will be cheaper for
*
some time to come.
W
*
•
He
France is about to build a speed- boat to compete with Great Britain, Italy, and the United States, large- DABBLE-I think your calculations ly on account of the possibility of bit too rapid. There are the development of the naval side of high water many assumptions in the of the problem theory for it to be workable speed.
are too
Why not assume that at least one Until Miss England and Miss of your assumptions will not come America showed the way, specde of off? Have you considered how nearly 100 miles an hour on the you will stand then? The most water-and this is the correct term, unreliable assumption to make is for these boats travel on the water that a stock must go up by a instead of through it were con certain time. Even if you have sidered absolutely impracticable; inside information, as you claim, but now we are really only at the you must never bank on a rise beginning of this new development in rates by a definite date. T Attempts will be made next year would, if I were you, drop the to attain a water speed of two miles idea until there is something more a minute. substantial to go on.
*
+
+
L.O.P.-You cannot go far wrong in buying at present rates, though
*
it is not probable you will miss
day's.
SHIREEN-The three stocks you mention are about the best on the local market. Go ahead.
PASSENGERS.
Arrivals,
the market by waiting a few more by the s.a. President Taft, from the The following passengers arrived United States and the North- Mr. and Mrs. W. L. Barker, Master W. L. Barker, Jr., Mr. and Mrs. J. R. Campbell, Mr. and Mrs. C. P. Day, Mr. L E. Gale, Mr. J. P. Hallingdale, Mr. L. C. Hooper, Mr. Maximo Kalano, Mr. I D. Karainey, Mra. A. Levine, Mr. E W. Malin, Mr. and Mrs, Carl Shank, Mrs. O. Strahan, Mr. K. Ming Sung, Mr. and Mrs. James Taggart, and Mr. E. Young.
EXCHANGE RATES.
[BRITISH WIRELESS SERVICE.)
Paris New York
Brussels Geneva Amsterdam Milan Berlin Stockholm Copenhagen
EUGBY, Nov. 10.
Oslo i Vienna Prague Helsingfors ............ Madrid Lisbon
Athens.......... Bucharest....
Bio
Buenos Aires.
Bombay
Shanghai Hong Kong Yokohama Silver (mot). Silver (forward)
121.88 4.87 27/32
34.56
25.17
12.081
33.121.
20,30
18.16
18.20
18.30
34.705
1644
104
34.124
1081
375
817
5 25/39 485/18
2/21
'1/34
NATAL LINE OF STEAMERS
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Sailings from Europe for S'hai, Japan & Northern Ports {
8.8. ""AMMON "
8.8. "OLDENBURG" MY HAVELLAND"
M.V. "ERMLAND”. MY."BURGENLAND "
HOMEWARD.
due here on or about the 20th Nov. due here on or about the 9th Nov. dne here on or about the 16th Dec. due here on or abort the 30th Dec. due here on or about the 9th Jan,
Sailings for Genoa, Botterdam and Hamburg
via Manila, Singapore, Colombo & Port Said:
+M.V. "SAUERLAND " sailing from here on or about the 14th Nov. +M.V. "KULMERLAND" sailing from here on or about the 25th Nov. 5.8. "SAARLAND" ...sailing from here on or about the 10th Dec. 8. "AMMON"
sailing from here on or about the 24th Dec.
1980 8.8. "OLDENBURG" sailing from here on or about the 4th Jan. M.V. "HAVELLAND”..... miling from here on or about the 14th Jan.
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TO-DAY'S WIRELESS
PROGRAMME.
BROADCAST BY Z.B.W. ON 330 METRES.
AGHETA..
The following passengers arrived by the s.a. Buwa Maru from London and way parts:-Mrs Ruth Mary Fitz-Gibbon, Miss Johanna Keith,
11 to 11.30 a.in.-Commercial Mr. and Mrs. George Pickering, Newe (English and Chinese), Ex- Mr. David Scott Robb, Mr. and change Quotations and Newa Bullo Mrs. S. Boulton, Miss E. Ruth tin. Boulton, Mr. and Mrs. Arthur
Gilard, Miss Noel Harpham, Mr.
رقی
19.30 to 1. p.m.-Demonstration
Tel. U. 4754.
Life in Hungary-Fantasy," Hun-
"garian Rhapsody Orchestra,
and "Mornima-Spanish Caprice"
"Dolores - Waltz, Creatore's Band...
Wagner.
The Ring of the Nibelungs, "The Rhinegold" and "Siegfried." Wotan, Arthur Fear, Friedrich
Schorr,
Alberich, Arthur Fear. Loge, Walter Widdog, Donner, Howard Fry, Froh, Kennedy MacKenna, London Symphony Orchestra. Berlin State Opera Orchestra. Wotan, Emil Schipper. Erda, Maria Olczewska, Siedfried, Rudolf Laubenthal. Brunnhilde, Frida Leider, Vienna State Opera Orchestra. Berlin State Opera Orchestra, Selected passages on eight double- "and"Gems From Princess, sided Black Label "His Master's
Flavia, Victor Light Opera | Voice
5 to 7 pm-General programme. (Victor and B.M.S. records sup plied by Messrs. Moutrie & Co.).
Merry Wives of Windsor Over. Gems From Dearest Enemy
ture," Victor Symphony Orch.
Joseph Vincent Panini, Mr. and programme (English and Chinese Mra. Jobannes B. Peterson, Mr.TBcords) for use of Radio Dealers. Victorino Aberasturi, Padre J. C. 148 p.m.-Weather report. Aranda, Padre J. M. Castellanoc, Miss Sallad Coronida Mr. and Mrs. Pilar V. Eecazo, Mr. Ramon Escano, Padre J. A Fernandez, Mr. and Mrs. F. de Jongh, Padre I C. Fbar, Miss Maria Ama LO Mies Consuelo Omaniz, Padre J. Sanchez, Mrs. Amanda Shaw, Mr. Douglas Wm: Shaw, Mr. Isabelo Itha Shore Concepcion, Mrs. Brown, Mis Ida M, Green, Mr. and Mrs R. T. Gibs00, Mr. Car- 1/11 1/32rison Yon Ache, Mr. Ong Keck 09/16 Mang, Mr. C. R. Wheeler, Mrs. §." 22 3/16 Clora Whester.
1/5 27/32
..
Company
A Hunt in the Black Forest"
and "In a Clock-Store,” Vic-
tor Concert Orchestra,
records.
7.49 p.m.-Evening weather re- port.
@ to 10.30 p.m.-Chinese general
10.30 p.a.Close down.
"Gems from The Mikado," programme.
Victor Light Opert Company.
: