12
Money and Markets
HONG KONG TRADE.
PIECE GOODS POSITION"
ACUTE.
The fortnightly repart issued by the Hong Kong General Chamber of Commerce states:-
Cotton Piece Gooda. Apart from tentative enquiry, at unworkable limits, for certain de- acriptions of Light Cotton Fancies there is nothing of impurtance to report.
Dealers generally find it quite impossible to pay present, ifver Lanenshire parities of present prices, and declining local market prices for most Japanese Cotton Textiles aggravate an already acute price impasse in respect of Lan- cashire productions. Latest Cotton quotations are those of 10th instans Mid. Am. "Spot" 7.60d. Eg. Sakel. 12.-10d.
HONG KONG DAILY PRESS, MONDAY, JULY 14, 1930.
SERVICE NEWS."
NAVAL AND MILITARY» ITEMS.
CANTON GOVERNMENT The Zandon Gazette, on June 13, announced that General Sir G. M. BANS FIRECRACKERS.
Kirkpatrick, who was Comman- MANUFACTURERS PROTEST.
der-in-Chief, Western Command, to 1927, is "According to a Canton report, the Initia, from 1923
Ho was Government has decided to stop the placed on retired pay. manufacture and sale of fire-crack-Central Officer Commanding the ers which, in the opinion of the Government, are articles of super-British troops in China in 1920-21. stition and should be banned.
that
The manufacturers have lodged a strong protest to the Government through the General Chamber of fire- Commerce, declaring crackers are used chiefly during celebrations and joyful occasions, though some superstitious people
them for god-worshipping. use Europeans and Americans, they said, purchase very large quantities of fire-crackers from China for the Same "purpose.
་་
They added that the manufacture of fire-crackers 'is one of the most important industries in Canton, employing. 100,000, workers.
+
The best feature of the market at present is that clearances continue to be fairly good, with local prices of most descriptions, alightly firmer. There has been some enquiry for Cotton Mattings, but owing to the depreciation of the dollar, replac. ing cost is too far above the market price to permit new business and this condition applies to most of the other lines of Spring Fancies. The usual orders for December January shipment still remain unsettled and unless a move is made, very soon. it will be difficult to arrange de- liveries. Manchester prices are steady, but in the absence of sup- port from the world markets, lower-in rates may be expected.
Woollens,
There is some enquiry for "spot" cargo in certain lines where loed! stocks are low, and prices for most woollens are firmer. Wool prices in. Bradford have advanced from the level which was reached this Spring and the general tone of the wool market has improved. Woollens ordered by the Hong Kong dealers earlier in the year, are expected to yield good profit this season and may place the market in a better position to meet the higher replac- ing costs when re-ordering.
COLONY'S FINANCES.
CREDIT BALANCE OVER -
$11,000,000.
The Colony's credit balance at the and of Marth was $11,047,731.67, compared with 210,087,367.60 at the end of February,
March was
The revenue for 81,889,848, compared with $2,057,800 last year, whilst for the first three months of the year the revenue was BC,163,600, no against $6,000,858 from January to March, 1929.
The mouth's expenditure was $1,899,964, compared with 81,610,787 in March, 1929, the respective figures for the first three months of the year being $4,778,820 and $3,785,051.
+
לי
"OLD CONVICTION TO STAND.
ECHO OE 14-YEAR OLD CRIME:-
The excellent work which is be ing done by the Royal Navy in charting the seas and making the oceans free of dangers and obstrue tions is emphasised by the report, issued on June 6, on Admiralty Surveys for the year 1929. There are eight surveying vessels, four at home and four abroad, and of the latter the Herald was employed off Borneo and China; and the Iroquois, chiefly in the Malacca Straits, also ran test lines of sound- ings in Johore Strait, which has aa importance in connection with
the new naval base at Singapore. A statistical summary shows that 45 new charts for general purposes were published during the year," in addition to 13 for special purposes. During the year 2,167 Admiralty notices to mariners were published. It is significant that more rocks and dangers (87) were discovered by the surveyng ships last year than at any time since the war, the highest previous total, being 45 in
1928.
[UNITED PRESS.] Sacramento, Cal., July 4-It is Captain R. B. T. Miles, who announced that the State Supreme joing the new leader Codrington, Court has denied a pardon to War.in command of the Third Destroyer Flotilla, was for a time in com- ren Billings.
mand of the sloop Hollyhock in China.
Billings was convicted together with Thomas Mooney in connection with the bombing of the Prepared- ness Day Parade in San Francisco
1913. Both are serving life
terms.
Many believe that, in view of the decision of the Supreme Court that Billings received a fair trial, the governor will be unable to pardon' Mooney.
The submarine depot ship Med- way, mother ship for the O class of submarines destined for China, which has been delayed at Malta a week owing to defects in the sub- marines which required adjustament, was to resume her journey to China on June 17.
The completion of the submarine The case has aroused nationwide Orpheus on the Clyde, which should interest for years, liberals as well have occurred on June 17, was de- as radicals agitating for Mooney'sferred until July 8. Her sister release. The evidence on which the ship, the Olympus, is already two were convicted has been ques- finished. These are the last of the authorised in the tioned, and so far disproved that six submarnes several of the jurors who declared Mooney guilty have since declared that, in the light of new evidence, they believe trim innocent or at least not proved guilty. The judge who presided has concurred in this.
Navy "Estimates of 1928, of which four are on their way to China. The Olympus and Orpheus will fol- low later.
H.M.S. Caradoc was ordered "to be undocked at Devonport on June There is a widespread feeling that 21, and to commission on July 15 Mooney and Billings were convict with a Devonport crew to relieve ed, not for the crime with which the Castar on the China Station. they were charged, but for "their She will have England on July 22, radical opinions,. at a time when arrivng at Hong Kong about war-time feeling ran high. It seems September 15, Recent appoint- probable, however, that the derirements to the Caradoc include those to see Mooney pardoned is stronger outside the state than in it, Cali fornia sentiment being strongly anti-radical.
PASSENGERS.
Arrivals.
of Lieutenant-Commander N. C. B.. Cox, navigator, from the Erebus at Devonport; Lieutenant. C. L. Ed. wards, late of the battleship Ramil lica: Lieuten R. J. S. Butler, late of the battleship Rodney; and Paymaster Lieutenant-Commander
Daves, G. W.
from H.M.S. Dolphin, submarine 'depôt.
The appointment is announced The fellowing passengers arrived,
of General Dillotte, now in com- Friday by 8.8. Pres. Wilson mand of the Third Division of Mr. and Mrs. George. Cruden, Colonial Infantry, to command the Arthur V. Harvey, Edgar P. Jen-
troops of the Indo-China group at aings, Stanley Kelly, George Hanoi in succession to General Au- McCarthy, Miss Evelyn McGrath, bert, who is coming home. Gener- Martin C. McGuire, Dr. and Mrs. Walter Strong, Mr. and Mrs. Dona Dillotte has achieved distinction and in
Byria Morocen and Wiley. . DJ. Wrigley.
was also chief of staff of the
THE SHANGHAI DOCK & ENGINEERING CO., LTD.
PROPOSED DIVIDEND. The following figures have been eabled to Messrs. Benjamin & Potts by their Shanghai Office:-
The net profit for the year ending April 20, 1930, including the Miss H. F. Alcora, Miss E. Ryan, AMMUNITION FOR SHANGHAI amount brought forward, amounts Miss G. Ryan, Miss G. William,
The following passengers arrived un Saturday by 5.5. Hikawa Maru? French Misson to Poland, after the war, for the reorganisation of the
T. Yamamoto, Mra. F. Yamamoto,Polish Army.". T. Ono, Mrs. M. Ono, H. G. „K. Wheeler, Mrs. M. E. Wheeler, Miss- P. Wheeler, F. W. Freeman, Mrs. | d. E. Freeman, F. G. Hallard, Miss K. J. Rossman, Miss R. Camp- bell, J. Redman, Mrs. M. Redman,, Miss E. Waples, Miss A. Satre,
to $981,400, as compared with Miss O. Chenault, J. Ulman, E. $749,762 for the previous year. „ «
To pay a dividend of $5
and a Bonus of 8 per share, absorbing $386,400
Cross, Wm. Dyer. G. Leedy, F.
DAILY SHARE QUOTATIONS.
SHAREBROKERS!
FOREIGN MAILS
RADIO NOTICE.
Individuals and firms are recommended to register their tela. graphic address at the Radio Uffice. No charge is made for this.
INWARD-MAILS.
HONG KONG STOCK EXCHANGE.
· ASSOCIATION.
Buyers Bater
Balan ||Nomical
SATURDAY, JULY 12.
Впуси Велата Bale Hominal
Banks
FEDX
PER
"DE
$1,520
H.K. Banks
gor $1,310|
£106)
Do. (London)...
U.S.L., Honolulu, Japan and SHANGHAI)
Chartered Banks ...
£163
(San Francisco, Ruth June), and EUROPA Pre Jackson
14th July
£99
Mercantile Bks. "A"
Via Dinuria (London, 26th June)
£29
191
Do. Bank of East Asia........
Canada, US, B., JAPAN and SHANGHAI |
212
$113
Vancouver, B.Q., 26ta June)...
Ring, of Bus
14th July
***
CALCUTTA and draairs
-hum-Sang
16th July
AUSTRALI. and MANILÄ
Kaga Kuru
16th July
Jaran and SHANGRAI
Amor and Sw.tow...
ChenonceauE Uremer
15th July.....
18th July
***
ΑΜΟΥ
Taklica.
16th July
$2.50
JAFAN....
Montevideo Moru
17th July
F
T160
$80
***
JAPAN and SHANGHAI
EBOTE via Suiz (Letters and 'papers, Lesqdan, 19.h June, and parceli, 12th June)
Rajputana
17th July
Moreo
18th July
ING.
من JAPAN
Aki Maru
** July
$940
$1.85
1.160
4-43/45
3400 $910
T1.30
1.8 $24
T:120
T260
111.30
இகம்
***
144
Insurances
Canton Insurances.. $950 Underwriters
North China .... Union Insurances ... $412
M.830 Yangtaro Insurances
HK Fires
Shipping
Douglases
Steamboats ***]
China Fires
$21
543
Indos (pref)*****
$40
Do.. (def.)...]
97/6
Shell Transports
$32
Water-boati
$21 $2/6
114
T.S
31/-
Mining
Benquets. Kailang
Langkate (comb.) Llo. (single) Explorations..... Shanghai Loanë Raubs ******** Tronch Mines
Docks, Wharve,
"Godowns, etc.
***
$950
au
!!
9241
$24.
43
810
BS/3
831
OUTWARD MAILS.
REGISTERED and PARCEL MAILS, are closed 15 minutos earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before .m. registered and parcel maila are closed at i p.m. on the previous day.
04/
T13.10 Fort Bayard
100
T
Sumbo...
824
21/
T1:30 | Japan, *Canada, U.S.A. Ú. and 8. America and *EUROPE via San Francisco
dae San Francisco 8th Aug,
Shanghai, and EUROPE via Siberia
Java vin Batavia
PIR
DATE and TIME
For
Monday, 14th,
Wing Wo...
2.50
Bydrangea
3,00 2
TH
Parcels
8.00
Pres. Pierta
Beg. 4.15PME
Lettars
Beg.
3,00 P 5.00
Pres. Fierce
Letters 6.00 M
Tuesday, 15th,
8170
ELK, & K. Wharfi........ Providents
***
$172
96.40
$5.4)
H.K. Docks
$38
$39
Swatow, Foochow and Wel-Ha'-Wei Fort Bayard, Hoihow, Pakhoi and Haiphong Swatow, Amoy and Fooohow
Tharoen Kucichoro...
gain Huiyang
10.30 AM
10.30 AM
11.30 PM
1,00 F M
T.117
Kowloon P.U.
T.7
New Engineerings
1.7
Saigon, Ceylon, India, MaurBina, Last and Couth Africa, Adeo, Egypt and.EUROPE via Marseilles -due Marseilles, 16th Aug.
1.00 M
Emp. of Russia Pres, Jaakson
hikawa Maru
·
:
#!
11,60/1
li
--
TEL.40
1+1
Shanghai Docks ....
Hongkews
Cotton Mills
Ewos
S'hai: Ctons fola)....
Lands, Hotels and
Buildings
H.K. & S. Hotels... 311 $115 | 81160)
1.78
-Do
T.9
·Zoong Sings
Bi
C. Lights (old)......$26.70
Do. (Fully Paid)
China Buses
Tractions...................
::::
1.35
T.101
•
Manila ... Manila
Shanghai, Japan, Canada, U.S.A., C, and B. America and EUROPE via Vic- toria, B.C-due Victoria, BC, 6th Ang. and *EUROPE via Siberia
Straits.
Straits, Ceylon, India, Mauritius, East
Africa and and Sonth
Reg. 100 M
Chenonceau - Letter
G.P.O.
Beg. 1.45 N Letters 9.50 M
Beg
3,30 F ཡིན་ན་དང་
5.50 P
Wednesday, 16th, Letters 8.30 X
Wednesday, 16th,
8.30 A 9.30 AM
8.00 M
***
ELK. Lands
ssa 1.1.5
381
+11
Shanghai Lands...
པ་
$9.40 $161
H.K. Bealtys jaman
$91
Bwatow
Japan
Амот
་
"
Hangsang Kaga Hous Taiyuan
Humphreys
$98
Chinese Estates ...
Cremer
ursday, 17th,
10.80 AM
Public Utilities
*South
Montevideo Haru
5.00 i
American Ports...
320.30 $30.10
Tramways r
820.10
8121
Fesk Trams (old)
$U
$84
Do. (new)...) $6 Star Ferries
Calcutta via Straits
$28.90
Swatow, Amoy and Foochow
Takliwa... Hai Ning...
Friday
Letters
18th. Parcels Noon
Do..
$22
(new)....214
782
784/0
HE. Electrics
$78+
$79)
823
Macso do.
***
Sandakan Liglita .....
911
$21+
Telephones
8311
Straits, Ceylon, India, Mauritius, Ed South Africa, Aden, Egypt an! LUBOPEvin Marseilles due Mar soilles, 15th August ***.
Alorea
10/-
18/6
Do. (pref.)
Industrials "
#
T.104 Caldbeck, - \(or)
100°P #
22.00
Ketoloon P. O, Parcels 4.30PM Beg.,19th,9,00 M Lettera 10.00 A
4.P.0.
Par, 18th, 5.00 ➤ M Reg. 19th,9.45 a Lotters 10.30 AN
Saturday, lath,
10.00 AM- Parcels
Noon
Letters 1.00 PM
T10.40
$2.10
819.15
Cements (comb.)...
$13
811
$1
6,00 PX
Sunday, 20th,
9,00 À 9.00
Monday, 21st.
10 30- Parcels 2,00 PM Reg. 415 Letters 55.00
Macgregor (pref.)| Canton Ices
Do (old)... $13 #13 Do (now). Ropes.............
China Sugara ...............4| Malabon Sugars „... United Asbestos ...
Miscellaneous
Dairy Farms
310.70) $11
Swatow ...
... Boochow
Stralia and Calonta
Ho Bang
$18.00
Japan, Honoiala, U.S.A., *Canada. *C) and America and EUROPE via Ban Francisco due San Francisco, 13th Aug..
Bog.
14,15 PM
·Taiyo Maru
Letters 5.00 x
Shanghai and *EUROPE via Biberis
Taiyo taru
Begi Letters
5,00 PM
$10.30
$29
Sandakan
Bangkok via Bwatow
Hinsang Kaying
Katori Mar
Eris. Jackson
Shanghai
Japan, Canada, USA, Central" and "
South America and BUROPE via
Victoria, BCdas Victoria, 0,1 8th August
$25
$24.80
$1
Der A. Wings......
Amusementa
$25
$264
iJ
BOMB MAKER SENT TO GAOL.
$1.90
#3
Constractions ******
$1.80
H.
Lane Crawfords
$3,20
Reg,
5,00
$18
$121
$7.85
Mackintoshs ******** Nanyang Tobacco... $11.30 Sinceres (old)......
Do.
(new) Watsons... Wm. Powellspa
Silj
312
***
B. Ind. G.8 Bonds...
682.
63.
Menila, Australia and New Zealand vis Thuraday Island dre Thursday Jaimed, 2ad Ang-
Shanghai and "EUROPE via Siberia Manila, "Australia and New Zealazıd via › Thursday Etland-dne Thursday Is-} land, 4th Aug..**
"
Pres. Jackson
Aki Maru
Letters 6.00 P
Reg.
5,00
Let 22nd 8.30 A M
Par, 3186,5.00 ♬ a
Taiping
| Keg Iind 9.45 a m
of
'9% prom
$10
E.K. Gort. Loan .... Chin. Entertainm'ts.
$100
Haiching
five
Achilles
GANGS.
Liang Kwei-hong, maker
This amount the Directors recom- Spears, E. D. Socolofsky, J. Brenombs and ammunition for rene mend be dealt with as follows:- nan, E. Riddell, E. C. Powell, Mrs. tionaries, was sentenced to AM. Thomas, S. Bereoirtch.
years' imprisonment by the Freach Mixed Court, Shanghai, last week. Three of his accomplices received prison sentences ranging from one to three years. All will be handed over to the Chinese authorities when the sentences have been served.
To add to Special Reserve Account (and Depre
Total
LOCAL AND REGULAR OUTWARD MAILS,
Swatow, Amoy and Fooskow.......
Straits, Ceylon, India, Mauritius, E. and 8. Africa, Egypt and EUROPE via Marseilles-duo Margeilles, 22nd Aug.,
P.0.
1726 am, &] (7,30 am, &
3.00 pm
[7.00 p Sunday's Bandsya
(5 p.in. only||-7.00 pin,
Lonly..
Straits, Ceylon, India, Mauritius, M. and S. Afrios, Aden Egypt and EUROPE VI Mar alliandae Marseilles, 24th, Ang.......)
Hakusan Maru
*Superscribed correspondence only..
Letter - 10.30 ▲
Toesday, 22nd,
1,00
X
Kowloon PO. Beg. 1.00 Letters 1.00 F M
G.P.Q...
Reg. 1.45 Letters 2.80
Friday,
95th, Kowloon P.D. Bag. 480 px Letters - 4.50 1. M: G.P.O. Bogs.co 'zu” [[Letters, 16,00 2
FOR
FROM G.P.O.
Fidx SEKUNGWAN BRANCH P.O."
WEEK DAYS, SUNDAYS & HOLIDAYS
FROM SKBUNGWA
BRANCH
FROM .G.P,0.
€7.15am. & 7.30 (6,00 pm.
7.00pm
Departures, The following passengers left on Saturday by sa. Terukuni Maru: ciation Account)......... $450,000 R. St. Bird, Miss C. Krahnert, A. E. Dubey, Jr., Mr. and Mrs. carry forward to New Account
$125,000 Gordon MacDonald, Mr. and Mrs.
Liang was arrested in the Great Saloman Salti, Mr. and Mrs., K. 8961,400 Bigazzi, Mr. and Mrs. Agustia Eastern Hotel on June 19 by Inspr. Garcia Munoz, Ten Park-law, Dr. Seng Te-to and French Police de and Mrs. H. W. Smith, Mr. and tective Ko Ming-tsen. A large Mrs. Konnan Cho, Mrs. Mary Y. quantity of ammunition was seized Sims, Mr. and Mrs. R. P. Morris, | at the same time. His arrest result- Mrs. Edith Fishback, A. B. Dal-ed from a complaint lodged with ton, Miss N. Collins, H. Jackson, the Freach Police by a prominent S. Ishihara, K. Sohara, N. Oka-Chinese resident in the French Con- zaki, K. Tanaka, Mra. H. Tanaka, cession who said that Llang nad Master K. Tanaka, Miss N. Tana- gent him several threatening letters Macao & Trinshas ka, F. Ucki, Mrs. I. Ueki, Master demanding money as the price of
EXCHANGE RATES.
(BRITISH WIRELESS SERVICE.]
RUGBY, July 12. *** 123.66
Paris
New York
Brussels
Geneva
Amsterdam
Milen
Berlin Stockholm
4.36 15/32
34.995
23:035
12.00)
92:88
385
18.10
Copenhagen
18.16
Vienna..
34.443
Prague...
104
1932 41.75 108.25
53/10
Helsingfors
Madrid
Lisbon
Athena
Bio Buenos Aires
Bombay Shanghai
Hong Kong
Yokohama
Silver (spot). Silver (forward)
S. Ueki, D. H. Kharwar, A. S.safety. Death at the hands of him
Canton
Baig, His Holiness E. Otani, K. and his three accomplices was hint Kongmoon (except Saturdays). 6.00p.m. Takei, Mias D. Bohan, Miss J.ed at in the event of failure to Kankong (except Faturdaya). Behan, Mr. and Mrs. GB. Kotak, comply with the demand. Mias Rama Kotak, H. Nagao, Mr.
and Mrs. N. McVite, N. Watanabe, living in Shanghai for about 10 Mrs. X. Watanabe, S. Kimura, S.
years and that no previous convic
It appears that Liang has been
Fatahan (By Train)
Tui 0:
Tai Po 100
Shamchun
Amano, Y. Honma, Mra, F. Hon-tion has been registered against ma, Miss N Honma, Master B. him: Honma, S. Kimura, Mrs. T Kimura, S. Birabayashi, K. Tann- be, Mrs. T. Nishimura, Master M.. Nishimura, T. Murakami, O.' Yuki-
astraya S del
40
1/0
1/3
Balnea, Mrs.
Lirckoffs Nismo
Husband, J. Oshiba, Mr. and Mrs. Ferater, M. Shimidzu, Miss G 1/8 13/16. W. H. Bunce, Miss L E Maauire, Faneck, Miss. M. Tanaka, Miss M. Miss E. Railton, Mrs, A. E. A. Cressey, Miss L. J. Crawford, Eskelund, Master R. Eskelund. J. Kawahara, T. Sogawa, F. "Takei, Mrs. Y. Ochiai, 8. Bato, S. Naka Dr. V. Krajina, S. Ito, Miss M. mura, Mr. Kageyama, T. Nagata, Preachor. Miss M. Bowry, C. Wan (Continued of foot of neat column.) der, 1, Node, M. L. Clifford..
2/0 13/32 16. -
10
Cheungahow
Stanley
414
Autau, Pingshan, Bantin, Shatin, Shataukok' and Skenngakni Balkung ... Namtau, Shakk! & Taiping
(Fanta)
Bandeya
Lonly
8.00 p
(7.15 a.m. &'7,80 mm, 11.15 p.m.
| 130 p.m..
6,00 p.m. 6.09 p.
(7.16 am; &) (7.30 am &
L16 p
1.200.m Sundays 8.15 am. only 6.00p.m.
· 8.00 p.m."
7.15 8.00 $12 9.00 am
11.0,
(11,00 m.
9,00
j 9.00 am. & 3.00p.m. 9.00
3.00 p.. (*12,80 pita
4.80p.. Saturdays
100p.m
(44.20 p.m.
179 Palil
10.30
1.00
3,00 Pe
4.30
4.80 pim
7.50.1
7,00 p.m.
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