To Los Angeles
(Southern California)
Vic Honolulu...
VISIT of a few hours or days in
A of a hours of an
California can be arranged by booking on the LASSCO liners, "City of Los Angeles," "City of Honolulu" and "Cal- awaii" from Honolulu over the southern route to Los Angeles. Good connections and the finest of accommodations. Regular through passage fares can be secured in connection with the Dollar Line and N. Y. K. See Dollar Line or N. Y. Kagens for full particulars.
LASSCO
LOS ANGELES STEAMSHIP CO
Bishop Street near Pier 8
HONOLULU
36-3
HAWAI
HAMBURG-AMERIKA LINIE
VESSHL.
FAR EASTERN MAIL-FREIGHT-Böd -- between: SERVICE PASSENGER JAPAN, CHINA,, HONG KONG, PHI LIPPINES, STRAITS SETTLEMENTS,
COLOMBO and EUROPE.
SAILINGS TO EUROPE.
DESTINATION.
LEAVING HONG KONG.
16 Mar.
925 Mar. 3 Apr.
M.V. "VOGTLAND" (1) ..Genoa, Barcalona, Rotterdam & Hamburg
Hamburg M.V. "RAMSES (1) Genoa, Rotterdam, Bremen MY. "DUISBURG (1)...Genoa, Botterdam & Hamburg
Other Ports of Call if Inducement offers. ARRIVALS FROM EUROPE.
M.V. "SAUERLAND" (1)}
M.V KULMERLAND" (1)
"
3.8. "SAARLAND" (1). ..
DUE
HONG KONG. 14 March
30 March 16 April
Subject to Alteration without Notice.
(1) Excellent Accommodation for Passengers, Qualled Surgeon carried.
Fare from Hong Kong to Genos from £70.0.0.
(2) Limited Passenger Accommodation, Qualified Surgeon carried.
8.9.
"RESOLUTE"-
Round the world Craise 1030
Arrival from MANILA on 28th March at 8 axa. Departure for AMOY on 28th March at Noon.
For further particulars please apply to:
JEBSEN & CO.
AGENTS
19 Fedder Street, Hong Kong.
Tel. C. 4754.
THE HONG KONG DAILY PRESS; TUESDAY, MARCH 11, 1930.
NATAL LINE OF STEAMERS
CALCUTTA & COLOMBO TO SOUTH AFRICAN PORTS
FROM
Regular Passenger and Cargo Service to South African Porte, Through Bills of Lading issued from Hong Kong. For Freight or Passage, apply to
Telephone: Central 1030.
DODWELL & CO, LIMITED.
HONG KONG. CANTON.
(FROM OUR OWN CORRESPONDENT.]
CANTON, March 10,
Was
A Football team from Hong Kong visited Canton last Saturday for a match with a local team con sisting mainly of sailors from the river gunboats. The game played on Shanean, and was keenly contested, the result being a draw. A large crowd witnessed the con test. The visitors returned to Hong Kong yesterday afternoon.
The Indian
HOCKEY AT MACAO.
WIN FOR INDIAN RECREA- TION CLUB.
Recreation Club (Hockey Section) made a trip to Macao over the week-end, where fast and exciting they had a game against the local. Hockey Club. The pace was very fast throughout and when the whistle for the interval went, the Indians were leading 1 goal to nil.
After half-time the Heng Kong team added four goals to their total, and the home team netted twice.
It is hoped to arrange a return match later.
AgUDLE,
CROWN LAND SALES.
THREE LOTS SOLD AT UPSET
PRICES.
There was very poor bidding at the sala of four pieces of land at the Crown Land Office yesterday and the Erst three went nt upees prices.
The first lot, Inland Lot No. 3030, situated at Wong Nei Chung, was sold to Mr. Fong Ping of 310, Des Voeux Central at the upset prices of 813,125. The land has an area of about 3,500 sq. feet and its annual rental is 220,
is near
METAL MARKETS.
LONDON REPORT.
Messrs. Rudolf Welf & Kew, Ltd., send us the following report
"SOUND FINANCIAL
POSITION."
UNION WATERBOAT CO.'S ANNUAL MEETING.
CANTON TRADE NOTES.
The Canton Central Bank of China notes were quoted at si per cent of their nominal value on, Monday.
...
There has been a brisk demand for artificial fertilizer from farmers and large quantities are being in-
on metals from their London Office,At yesterday's annual meeting of dated February 34:-
shareholders of the Union Water- Markets continue to rule quiet, boat Company, Ltd., the Chairman rather easier conditions on the of the Consulting Committee, Mr.ported into Hong Kong, whele "having prevailed, and though
רונו
no very important fluctuations. J. P. Warren, emphasised that the occurred. prices with the Company was in a sound aancial exception of Lead are lower as composition, though profits were less pared with last Friday's close. In- dustrial conditions are slow to im than in 1928 owing to last year's prove, development being to some drought. extent retarded by the uncertainties which surround the political situa tion.
Tia.
The Year's Profits. Addressing the meeting, which was held at Messrs. Dodwell & Co.'s offices the Chairman said:-
Your Committee propose that this should be dealt with as fol- lows and trust this will meet with your approval:--Pay a dividend of 81.20 on 97.723 shares, 834,663.75; pay a bonus of 25 cents on 97,723 shares, 86,930.75; carry forward to new account, $4,539.13.
Insurance fund on
Over 91,500 dollar pieces, 745,000 go-cents Kwangtung silver coins and 951,848 ounces of silver bullion were imported from Hong Kong in Feb-
rusty.
"
Rice wholesalers state that their losses amounted to $100,000, during the past few months owing to the sharp fall in prices. Business is still dull.
*
*
Demand for kerosene by both Canton and country merchants has been brisk during the past few weeks. The price has advanced by about ten cents per tin.
•
The cotton yarn market remains Prices arc, however, inactive. normal as arrivals are short. Latest prices are seven to eight dollars higher than in Shanghai.
River traffic between Wuchow and districts on the upper reaches of the West River was recently resum- ed. Large quantities of cargoes are: being sent to the interior from Wu- chow.
Ti has been easier and the price.
The profit for the year is consi. gradually declining, closes £3.2.6 to
derably less than last year due to 23.3 lower as compared with our
the extraordinary water shortage las, report. Sales in the East dur, which overtook the Colony. The ing the week have amounted to 1,923
Company, however, is in a good tous; shipments thence up to the 10th instant were 3,373 tons, and financial position and after allow for the month are still estimated at-ing for full depreciation on the fleet and placing $14,000 to Re 9,000 to 9,500 tons. Premiums on
serve, there remains for distribu Straits and Banka are queted at
tion 848,193,03 which includes £2.10 and £6 (nom) respectively.
80.231.31 carried forward from last Business with consumers in this
account. country and or the Continent hos slackened a little, and only very moderate activity is reported in the 1.S.A. The market presents no fresh feature of importance, and conditions remain very much the same. Whilst no very active or con- sistent support has been given, the market receives a certain stimulus
boats has The raw silk market is still dull from time to time from the varying
been increased by 82,230.67, being and prices are low. Some 9,043 rumours which circulate in connec tion with the efforts to restrict pro the usual pro rata transfer from bales of raw silk were exported last Marine Insurance Account. In-month showing an increase of 1,030 duction, but a good deal of un-
vestments, you will be pleased to bales over the preceding month. Of certainty still exists, firstly as to
the total amount, 1,730 bales went whether a univeral policy of reduc-see, have appreciated by 817,427,50.
to the United States. tion can be successfully carried into " effect, and secondly whether such re- duction will be sufficient to counter- balance the further falling off in demand, which in some quarters is anticipated. In this respect, "how- ever, there would seem to be in- sufficient ground for assuming that consumption is going to further reports. from seriously decline, America would appear to indicate that the setback in trade is not going to be so violent as had been expected, the motor industry is already making a good recovery, and it is certainly not unreasonable to look for some industrial improve ment on this side, which should re sult in broadening demand for tin: whilst at the same tinte, it
There were 455,627 tons of water must be remembered that the pre-in 1925, the smaller figure being supplied in 1929 as against 532,040 sent price, which cannot be regard- ed as unduly high, should in itself prevent the possibility of further serious fall.
Options:-Double. £13,
£7.10.
The Fleet.
The price of groundnut oil is steady but demand is limited. The market for ten oil, bean oil and wood-tar oil is normal.. "Latest
of prices groundnut oil 827.30-98.70, bean oil 28, tea oil 833 and wood-tar oil $43.
are
Turning to the feet, there is only one of the honts left, No. 6. the other having been disposed of during the year at a good figure. The new waterboat laid down on June, 3, was launched on August 93 and put into commission on October 23. She is equipped with
Piece goods and woollens of a full Gardner diesel enging and is proving very satisfactory and foreign origin are being imported economical. In all probability, the in very large quantities. As many remaining old boat will be disposas 111,237 rolls of piece goods and ed of during the year and another 7,104 yards of woollens were import- The market for diesel-engined boat laid down.ed last month. Your feet has been maintained in Chinese piece goods has been affect a high state of efficiency, which is essential for this trade.
due to water shortage.
Other Business,
Mr. Van Epps seconded the re port and accounts, which were un- animously adopted without com. Single ment. Opening. Closing. £173.10,0" £179.13:0 Three months... 176.10.0 £173.13.0 Turner for the week 2.050 tons.
Cash
Copper.
Mr. L. G. S. Dodwell proposed. and Mr, C, E. Holmes seconded, the election of Messrs. R. G. She wan and C.G.S. Mackie to the Consulting Committee, in succes- sion to Mesars, A.L. Shields, and L. J. Davies, resigned. "This was carried.
On the proposition of Mr. O. Ribeiro, seconded by Mr. C. E.
Linstead Holmes, Messrs.
and Davis, chartered accountants, were re-elected as auditors of the Com pany.
Those present, in addition to the Chairman_were:-
Mesrs. G. G, S. Mackie, C. de Bruyn, R. G. Shewan and -S. Kinoshita (Directors), C. E. Hol- mes, L.G. 8. Dodwell, W. Van Epps, O. Ribeiro, (shareholders), and Mr. D. E. de Sousa (Secret
Copper has displayed a good deal of irregularity, particularly for the near position. Easier conditions have prevailed, the price of cash having declined £3.12.6 and three monthe £1.7.0. The market opened firm under the influence of beng covering, and £75 was paid for eash and £10 for three months, but since then, bears gradually satisfying their requirements, the trend of prices has been in a downward direction, and on Thursday values broke sharply when near copper was offered more freely and found comparatively few buyers. As a result of the collapse of the near|ary). position, the backwardation has con- tracted to £2.10 ns compared with £4.13 last week. Statistics jublish- ed in America, disclosing a further increase of 32,000 tons in. Refined 15/-- and 3,000 tons ir Blister stocks, can-
February only be regarded as distinetly un- favourable, especially having in March view the réduction of production re- April sulting from a regulated output. Demand on the part of consumers, which has at all times been quiet, is scarcely likely to be stimulated by the statistical position and the comparatively high price at which Electrolytic is maintained; and is as seems likely the bear accourt en the London market has been largely covered, there is little apart from artificial control, which can prevent further decline in the price of Standard.
Cash
Options:Double £6, Single £3.
Opening. Closing. £73.00.0 £70.17.6 Three months... £60.15.0 £88. 7,0 Turnover for the week 3,425 tons.
Deser-
her "January Tons.
Tons. Kowloon Inland Lot No. 2310, American statistics. with an area of about 7,500 aq Production 138,000 132,000 feel was next offered, and was Exports $5,000 30,000 70,000 purchased by Mr. Wong Chee Yuen Domestic deliveries 58,000 for
Blister stocks 83,750. The land
265,000 270,000 Prince Edward Road, Kowloon Refined stocks 171,000 203,000
Lead, though quiet, has been a Tong, and has an annual rental of 852.
shade firmer, the price showing a The third lot, New Kowloon In- land Lot No. 1317, was sold to small advance of 3/9d. for February Messrs. Kong Wong and Fan Sung and 1/3d. for May as compared of 67, Apliu Street, at the upset with our last report. Slightly im price of 87,545. The land is situat-oved demand on the part of the ed at the junction of Sheung Sha cable makers was reported during Wan Rond and Kweilin Street and the week, but otherwise conditions has an area of about 5,030 sq. feet. generally governing supply and Its annual rental, in 834.
Options:-Double £1.10, Single
Opening. Closing. £21.10.0 521.13.9 £21.11.3£21.12.6 £21.11.3: £21,12,6 21.11:3 21.11.3 Turnover for the week 750 tons. Spelter.
May
Spelter has displayed moderate activity, though slightly easier con- ditions have prevailed, the price showing a small decline of 1/3d. to 3/9d. according to position. The comparative firmness of February which, with the cessation of liquida- tion for this month, has been only sparingly offered, has resulted in a contraction of the contango, now. 10/ as compared with 13/9d. n week ago. The market presents, no fresh feature of interest, conditions generally remaining very much the atmc. Demand on the part of con- sumers is slow, but there has been no particular pressure to sell, holders seemingly being content to carry stocks at the current level of prices, which would seem to be sufficiently low, and reflecting the adverse features of the situation, leaves little room for further decline. Reports from the Continent con tinue quiet, the market there meet- ing with only a moderate enquiry
values.. and barely sufficient to maintain
In the U.S.A., quiet conditions have prevailed, and with the trend of prices in a downward direction, consequent on some falling off in demand.
demand have not so far improved Options:-Double £2, Single £1. The last lot New Kowloon Inland as to warrant any advance in price. Lot No. 1318, situated at Om Yau On the contrary, the artificial cru- Street was sold to Mr. Ip Shui ditions prevailing exert, if any. February Shan of 165 8heung Sha Wan Road thing, a restraining influenes, and March for $2,301. The land has an area under these circumstances con- April of about 2,304 sq. feet and its an-fidence is alow to return.
nual rental is 10.
(Continued on noit Column.)
Opening Closing. £19.13.0 210.11.3 £19.17.6 £19.12.6 £20. 1.3 £10.17.0 £20, 2.6 £20, 1.3 Turnover for the week 2,000 tous.
May
ed.
NEW YORK STOCK QUOTATIONS.
New York, Mar, 5. Market esay. Rasiness done, 3,715,000, bares.
+1.
Adams Express ... Allied Chemical & Dye... American Can.' ... American Rolling Mill..... American Smelting American Tel & Tel. American Tobacco B American Waterworks... Anaconda Copper Atlantic Refining Baltimore & Ohio Bethlehem Stool Borg Warner Calomet & Hecla Canadian Pacifo Railway Chesapeake Corporation Chicago Rock Teland ... Chrysler
TH
An Egyptian Holiday
Travel home on the President Liners via Suez and enjoy a three day holiday in Egypt. Yet, you losc no time enroute. Leave your President Liner at Sucz and motor to Cairo. The Third Day rejoin the same ship at Alexandria ̈ ... Make Egypt the high point of your homebound trip.
DOLLAR STEAMSHIP LINES
MAIL LINE. and AMERICAN
$600000000
Round the World
Hongkong
Selawas Deli
Dafa vid
4.Necklace of Tropical Jewels
by
J CJ L
Tourist Routes.
Seven days:
Great Brita
D. the Drakelard
Traffic
Menado
Halucea's
ANETTRĘŠKY
Kabakku Paketransi 100.
HONGKONG – JAVA
Seven days:·
Mar, Mar.
MANILA -
CELEBES - BALI –
JAVA
3
2
331 32
... 272 209
... 1411.1384
3
1
£31 021
70% 26
230 2381
1094 107
761 747
110 116
00
981
201 23
2017 2021
731 721
Landau, & Haymarket 5.NL.
118 119
19) 38
38 372
901 93
281 27
34 331 174 17
Kober
Makala Beding
· Yokohamar
123 121
21 311
M.L. Won & Co
Casar Imperiaz Have?
Okazaki Coss. "
94) 934
30 29
12 13
38 37
127 1251
210 218
103 101
69 581
- STEAKZES
35. 341
704 TISAROBA
611 521
Cities Service, Commo Columbia Gas & Electric Columbia Graphaphone Commercial Solvents... Commonwealth Southern Consolidated Gas of N. Y. Commonwealth H. opt. wart... Continental Oil....
Corn Producte Coty, locorporated Curtian Wright, Common Davison Chemical Du Pont de Nemours Eastman Kodak Electris Bond & Share... Erle Eailway,*** For Film "A" General Electric General
Food General Motors... General Railway Signa! Gold Dust Goodrich Rubber
A
Goodyear Tire & Rubber Granby Great Northern Certificate
Grusow Grigaby rat International Catment
International Combas. Eng. International Harvester Int'l Hydro Electric "A"
The new 12000 tons tourist motorships „TJISADANE” — „TJINEGARA"
JAVA-CHINA-JAPAN LIJN
General Passenger-Agents:
Woliad States of America"
to Jack
M-Tec
13 Broadway J, 414
D. A. You
Sex Precis
( Brow
Honolulu (Hawes (M)
Theo Davies & Co. Lid.
Far Eastern own Passenger-Offices:
*Tokyo:
Ushida Bunding
41 sachyon RR.
"SOUTH BOUND.
Hongkongi
Manlimi York-Building El Hogar Sig
Ckaterices
ANÍ
Shanghal Brunnen
winding
EXPECTED
Fiox
ON OF ABOUT
WILL LEAVE ON
ANOT
In Port 11th Mar.,
Fol
BATATIA
Noon
Noom
& FORBABALA BATAVIA
424 42 TJISONDARI ... S'EAL & Ano
901 961
TJIMANOEK
AMOT
16th Mar. 18th Mar., MANILA, Mx'BAR.
24th Mar. 25th Mar,
Noon
S'HAI. & Axor 30th Mar 1st Apr., JIABILA, MKBAN.
Noos
& BOKRABAJA 6th Apr. 8th Apr...
Noon
401 491
58 Ung.
868 TJIKARANG
B
16 16 TJISALAK 521501 TJIBADAK
TJISAROEA
Avor
S'HAI: & Axor
ANOT
031. 03 14 381 381 International Nickel... International Printers Ink ... Ung. 61 International Product Com. ... Bi B4
C8 International Tel, & Tel. Johns Manvillo Kennecitt Copper Lambert Liggett & Myers "B"
བཟ་
68
... 136 137
106 107
100% 104 ... 811 83 ... Unq. 13 921 94 451 451
STEAMERS
Mack Tricks Madison Square Garden Missouri Pacio Commen Montgomery
Ward Nevads Consolidated Copper... New York Central Northern Pacifio Hallway Pacific Lighting Packard Motor Car Paramount Famous Lanky Pennsylvazim Bailway ... Pennroad Corporation... Phillips Petroleum * Public Bervice of N. J.... Radio Corporation Reynolds Tobacco "B" Bars Roebuck Simmons Company Bell Union Bouthern California Edison.
www
Southern Pacific Hallway Standard Brands
Standard Gas & Electric Standard Oil of Now Joney
牛車
H
201 28 TJILEBOET 185 1841 TJIKARANG ...
92 92 TJISALAK
93 91 TJIBADAK
18 181 TISAROEA...
67 68 TJISONDARI
82 82 TJILEBOET
141 142
861 33
974 001
407 40
BATAVIA
13th Apr. 15th Apr., MANILA, MXʼGAR.
Noon & BOERABAJA Batavia Y 20th Apr. 22nd Apr.,
Noon
· NORTH BOUND
EXPECTED
FROM
ON OR ABOUT
WILL LEAVE ON OR ABOUT
FOR
JAVA, MAKASSAR 15th Mar 17th Mar. Swarów & AMOT
BATAVIA
19th Mar. 20th Mar. AxOY & S'HAL JATA,MAKLAR 29th Mar. 21st Mar. 8wATOW & AMor BATAVIA 2nd Apr. 3rd Apr. Axor & S'HAI, JAYA,MAX 12th Apr. 14th Apr. 8WATOW & AMOY
18th Apr. 17th Apr. Amor & B'HAI, JAYA, MAKABAE 28th Apr. 28th Apr. SWATOW & AMOX
HATAVIS
For particulars apply to:
JAVA-CHINA-JAPAN LIJN
Agents:
ROYAL NETHERLANDS INDIES AIRLINES,LTD.
Telephone C. 1574, 1576, 1555
221
61 611
... 123 124
201 28 121 118
611621 39
Taxse Gulf Salpbar...
61461 Timken Boller Bearing
... 771 70
Union Pacifo Railway... 45 45 United Aircraft & Transport, Trans America ... Union Carbide & Carbon ... 951 10 United Dry Doors (Continued at foot of next column). "U.B. Eealty & Improvement
York Building
224 225 T.S, Steel
·041 031
Standard Oil of New York 35 23
| Texas Corporation
Vanadium 71 Unq. Westinghouse E. & M....... 603 67
Willys Overland-
181 1791
71
724
101 385