12
HEALTH BUREAU.
CASE.
IMPORTANT EVIDENCE
PRODUCED.
WHO WAS T. K. LEUNG?
The caso i which Kwok Chun Shing, formerly manager of the Health House Washing and Dis infecting Bureau is chargod, with uttering a forged document for $120 was continúed before Mr., Lindsell at Central Magistracy yesterday. The Magistrate read his decision on the plen of Mr. F..X. d'Almada, for the defendant, that the complainant was estopped from bringing the present charge by Section of the Forgery Ordi- nance. He held that the prosecu- tion was not debarred from doing so, and remarked that it now re- mined for the Court to proceed with the use on its merits.
Mr. d'Almada: In that caso will plead "not guilty," your Worship.
Mr. M. K. Lo, appearing for Mr. Siow Choon Leng, the complainant and proprietor of the Bureau, in
Money
and Markets
GOSSIP FROM THE SHARE MARKET.
RIALTO" PASSING THROUGH DULL PERIOD.
FREE ADVICE FOR INVESTORS.
[By "KUFAN.”];
Gorrip often moves the market, but no investor should either buy or sell on market gossip only.
HONG KONG ELECTRICS-AL $78.50 there were a few buyers, but busincas was very restricted.
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Tho week under review has been
HONG KONG TRAMB-After exceptionally dull, activities having been confined practically to for-sales had taken place at 817,62 buy- ers came down in their ideas, and ward businos, nad-thas only on a
shares are not fetching more than small scale. little change to report, and rates As a result there is
$17.00. generally have not moved mitch either way.
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SHAREBROKERS" ASSOCIATION.
Buyan
Stilere Baire Nonl
MONDAY,
Buyer dollars
Bales Nomai
| OCTOBER 20,
Banks
1,317)
H.K. Banka
0108 £17 286
Do. (London) .....]
31,020
Chartered Banks...
Mercantilo Bis "A
Do.
Bank of East Asia...
Insurances
$1,080 $1,000)
#21 "L.130 $445
Canton Inauraacos.. $1,080)
40%
Underwritom
21.05
North China,1*******
$160
-$100
1111 1
$971
$284
aani
8116
T180 $400 $30
(40)] $1,080 $1,100
Union Insuranóes .......)
31.460 Yangtze Inastáncos Uhina Fires
$3,080 H.K. Fires......
W
10.
HONG KONG DAILY PRESS, TUESDAY, OCTOBER 21, 1930.
DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE,
EXPECTED ARRIVALS AND MOVEMENTS.
Achilles due from Europo Nov, 0. Actens due from Europe Nov. 18. Agamemnon dus from Singapore
Oct, 20
-
| Alster dus - fröm Europe Nov. 1.
Anchinca duo from Europe Oct. 31. Antenor due froth Shanghai Oot.
201.
Antilochus due from Europe Nov,
24.
Asana Maru dute hero Nov. 10. Asuka Maru duo hero. Nov, 24) Atsuts Maru due' here Nov. 18. Bengal Maru due here Nov, 14. Bentomond due from Singapore
Oct., 24.
Pokuyo Mara dug hero Nov, 18. Bolivia dua from Antwerp Nov. 9. $281 Burgenland due from Europe Nov.
T14.40 $7.40
Canton due from Europe Oct, 28. Cingalese Prince due from Shang-
hai Oct, 21, daylight. City of Shanghai due from Europa
Nov, 14.
Coblenz duo from Europe Oct. 21. Col. di Lana due from Karachi
Oct. 31.
Cracoria due from Trioeta Nov. T.I Te Elpenor due from New York Nov. $25 14/0
8.
Emp. of Canada duo from Shang
hai Oct, 23.
Emp. of Russia due from Japan
Nov. 3..
Fulda due from Europe Nov. 18. Fushimi Marn due hore 'Nov. 14.
Glennffer due from Europe Nov. 8. Hakodate Maru duo hero. Oct. 20. Hakusan Maru due hers Oct. 31. Haruna Maru duo here Nov. 14. Hector due from North China ports
Nov, 20.
Iyo. Maru due hore Nov, 10.
+24
3acedonin duo from Bingapore
Oct. 22, 04.10. Mencatheus due from Europe Nov. Morioka Maru dao kore Nov. 4. Nagato Maru dus here. Nov, 7. Nagpore duo from Japan Nov, 15. Kollore duo from Japan Oct, 20. Oldenburg due from Europe Oct.
29.
Perseus due from North China
ports Nov. 11. Phomius duo hore Nov. 11.. Pres. Lincoln arrived from Shang-
haj Oct, 20.
Pros Madison due from Japan
Nov. 8.
7.
Pres, Pierce due from U.S.A. Nov. Free. Wilson duo from Japan Nov., Prologilaus dus, from Vancouver
Nov. 0.
1,
Rangoon Maru due hore Oct. 28.... Rawalpindi dus from Europe Nov.
0.
Suwa Maru duo hore Oct. 31. Taiping due from Australia Nov.
· 14.
Takada dua from Calcutta Nov, 12, Talamba arrived from Singapora
Oo. 20, 9,30 p.m. Talma due from Calcutta Nov. 1. Tanda due from Australian ports
Nov. 6.
Tantalus due from Japan Nov, 20. Tatsuta Maru duo from Japon Oct.
27.
Taybank due from New York Oct.
Teiresia, due from Japan Nov. 15. Teucer duo from Vancouver Nov.
27.
Theseus duo from Singapore Oct.
28.
Tilaws due from Amay Dot. 23,
p.m.
Tjikembang due from Java Oct. 23.
Joypore das from Europe Nov.-Tottori Maru dus horo Oct, 28. Kaga Maru duo hore Oct. 31. - Toyooka Maru due hero Nov, 1. Kalyan duo from Europe Nov. 21. Toyooka Maru due hore Nov, D. Kamakura Maru due hore Nov. 8. Travo duo from Europe Oct. 31. Khyber due from Shanghai Oct. 25. † Tauyama Maru due 'here Nov. 9. | Kidderpore, due from Japan Nov. Van Heutax due from Swatow Oct..
11.
22. T.12 T.89 Kitano Maru due here Nov. 17. 1.9%
Lahore due from Europe Nov. 2.
Wakaşa Maru duo here Nov, 14.
Yamagata Maru due here Oct. 29.
HONG KONG ROPES are quict, with sellers at $10.60 and buyers offering only 810.50.
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DAIRY FARMS. have buyers al 620, and sollora nt alightly higher
Thero is, needless to say, always In proportion of optimists in the the present trade depression, the market, and for such people even low rate of exchange, and the top-than this rate. heary condition of some local stocks, coupled with the coming general
increase in local taxation, do not have the slightest effect upon their optimism (real or assumed),
In connection with the statement
REPLIES TO READERS,
his outline of the ease, mentionedunde in these columax Just week that the defendant was charged regarding the differlty of investing with uttering a forged document, huge sums in local stocks whichgarding the prospects of any stock less than 4 per cent., my attention would yield a regular return of aut
has been drawn to the issun in Shanghai by the Shanghai Power Company of 6 per cent, preference stock, the dividend of which is to be payable, quarterly, ie, 1 per cont. per quarter.
Shipping
Douglases
Steamboats
$30!
Indos (prof.)
343
$30
Lo. (dof.)
$28
81/+
Shell Transporta.... 81/3
. 83/0
Wator-beati ..................
$31
Mining
$8,70 Benquets.......................
2.8]
Do. (single) ***
T1.30
Explorations..
$100
$5.15 32.40
T.123
Ovi
T285
Every week in this colum "Kufan" replies to correspondents who may have questions to put re-
principles, practice, and custom can quoted in Hong Kong, Shanghai or Singapore. Questions regarding
also be dealt with.
Correspondents are asked to Al up the coupon appearing elsewhere Kufan. care of the Editor of address their queries to
this paper, and to give their names and address. It is desirable that were sold during the week at 81,516 in order that readers can readily
HONG KONG BANKS-8mall loten nom de plume bo also included, $11.30 to $1,390, but towards the close sell; identify the answers intended for ers wero in evidenco at the latter them. figure. Buyers appear to be hald ing off.
namaly a voucher purporting to be signed by one T. K. Leung. He auid that evidence would be given that the name which appeared on the voucher in question was in fact written by Cheng Man Tak, whom the prosecution would call us a wit- ness. From the evidence that would be placed before the Court, it would be shown that "T. K. Leung" was a mythical person. If these facts were accepted, said Mr. Lo, then. he would be entitled to ask iba Court to believe that any document bearing the signature of T. shares were offering at this figuro Leung must be false."
on Saturday.
Alleged False Entries. Mr. Lo pointed out that two entries in the books of the firm were found to be false, and, that as a result of these entries the de- fondant was in poekot to the extent of $120.
UNION
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INSURANCES were sold at $130, but business in this stock has been small. Further
CHINA UNDERWRITERS- Those shares cased off slightly, and business was done at na low as $2.60, but they have since firmod up to a buying rate of 82.63.
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CANTON INSURANCES and
Mr. Cheng Man Tak, giving HONG KONG FIRES are asked evidenoc, said that he was ap for at 81,080.
proached by the defendant one day
to sigh the nume of T, K. Leung
on two empty vouchers. On that
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were
DOUGLASSES –– Buyers accasion the defendant told him offering 897,60 for shares and a fow that he had advanced certain sums changed hands at this figure, but to purchase furniture for the the demand has since eased off. Health Bureau. The receipt for
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the furniture became lost and the STEAMBOATS-After business defendant wished to have vouchers had been done at $20.75 the shares an record so sa to enable him to eased off somewhat, and could be claim from the Health Bureau the obtained at 898.30 on Saturday, money to had advanced. Witnes then believed the story and signed the name of T. K. Loung on the
vouchers.
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HOTELS-These eharca 'were slightly. firmer last week, with buyers ranging from 811.35 to The alleged forged, vouchers were 811.40. Shares in small lots were produced before witness, who stated wanted at these figures and the de-
that they were the forms he signed, mand was satisfied on all occasions.
but added that when he first saw
hom there wore no particulara on
them
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HONG KONG LANDS — Old
In reply to a query from Mr. shares were wanted at 876.50 and Lindsell, witness said that he did new at
dollar less. The demand throughout the ask the defendant why he did not was maintained siun the vouchers. himself. The de- week, though no fancy prices were fundant then told witness that ho, being offered.
did not wish to adopt that course
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REALTYS-Although buyers have as his handwriting would be im anodiately recognised by the firm. come up in their ideas to 88.45 for Witness also admitted that the cash shares, sollers are still holding thought of securing a duplicate re. 'off and it looks as if more will eipt from the road T. X. Leung have to be paid. did not occurred to him, and he therefore did not advise the defen. dant to take that course.
The case was adjourned.
EXCHANGE RATES.
(BRITION WIRELESS SERVICE]
RUGBY, Oct. 19.
123.07 4.80
Paris New York
Brussels.
Geneva Amsterdain Milan
Berlin
34.641
25.02
12.07
02.703
20.43
Stockholm Copenhagen
18.00
16.16
Ogio
18.10
Vienna
34.451
Prague
Helsingfors
103 103 48.00 108.25 370
818
Madrid
Lisbon
Athon's
Bucharest
Burnos Aires, Norminal 488
Rio
41,
Montevideo
301
Bombay
1/6 13/16
1/7
Hong Kong An
Yokohama.
1/3 9/10 2/0
Shanghai...
Silver, spot & forward 10
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HUMPHREYS-There are a few small buyers in the market at $16. A small business was done as this figure during the week.
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and
T.13
Every effort will be made to give as full and detailed reply, as possible, but no responsibility what ever is admitted by the writer is so doing.
Those who have written for in- formation last week will find an swers to their queries below:- PLUCKY-Always be on the safe
side. I advise you to sell. GUNG NGUN-I really don't know what you want to know! You have not made it clear on what points you want me to help you. If you are thinking of buying, I
$20.10 should advise the purchase of $2430 only No. 1 (if at all) of the stocks
$781 you mention. If you hold those. shares, sell them all out except- ing No. 1 and No. 7.
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MARKET-Yes, the stocks are both
safe, especially the former.
NEW YORK STOCK EXCHANGE.
!!!-
37,6 Kailan p 37/-
Langkata (comb.)..
38,9
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***
$168
$5,20
Shanghai LoaEA ...
$241 | Raubo unaiman
Tronoh Mines
Docks, WharvDA,
Godowns, eto,
H.K. & K. Wharfs... Providenta (old)
***
Do. (new) 32.40 H.K. Docks
Shanghai Docks...
17.30 Now Engineerings
Hongkow
Lands, Hotels, and
Bulidings
H.K. & S. Hotali $11.95
Shanghai Londa...
H.B. Beultys $8.45
Humphreya .......$18
$15
T.123 1.71
8761
H.K. Lands (old).....] $76§|
$7.4
(ROW)... $75
$14.30
T.305 $9.40
$1417.30
Do. (righta)
$10 *87
Cuinese batates
Colton Mills
Ewos
***
1.83
S'hai, CottonS.........
· T.101||
Zoong Singe .......
Public Utilities
Tramways ... 817.5.
$13.80
Kosk Trams (old).
818.53
$6,60
Do. (now)...
·882
Star Ferries
$81
C
Lights (old)..............] $45
Do. (new)
$241
$23
H.K. Electrica
$781
Macao do.
35
22
Telophones (fully pd.)
18
Do,
(part pd
China Buses Rin
Tractions
7,9
19/.
Do. (pro)...uceĮ
Industrials
T.101
8171 317.70 $17.00
$81 $80)
Bandakan Light
$173
012
NEW LOW LEVEL MARKS.
SHARP RALLY INDUCES HIGHER PRICES.
$5,20
DO.
310 $160)
30,85
#27
WO
[UNITED-PRESS.
E
Now York, October 14.-After $28.00 prices on the New York Stock Ex- $21.30 change had sunk to new low levels $81 at the post-holiday reopening of the market to-day, there wits & sharp rally and the close found. prices higher, says the daily review of the Dow Jones Financial News Agency.
(old)
Caldbook, 1(ord.)
T10 Maugregors (pref.)
Canton ices
Caments (comb.)... 817.70
Do
(new)...
RopesĮ SAV} China Sugar zu
Malabon Sugars ...
United Asbestos ....
Dairy Farms, cam. r. 328
Miscellaneous
+3
Interested In Wireless?
Then look for some
interesting news in
next Thursday.
$2.75
the “Daily
$13
81
$29
$20)
Do, ax rights
Don
rights $3
Dor A. Wings....
F23
Amusementa
$29
$10
Chio. Entertainm'ta. $10
$240
Constructions .............. $230
$3.85
$3.95
Lane Crawfords... 43.80
$10
Mackintoshs
Nanyang Tobacco...
$2.85 Wm. Powells 1200016
Watsons enerne
64% TIX prem
The early trading was heavy and many holdings were thrown over $11.70 board, but activity eased off towards noon. Bales for the day amounted to a total of 3,399,030 shares. U.8. Steel led in the afternoon advance with a two-point gain, but the rally HONG KONG AND KOWLOON DO died and additional selling. WHARVES Shares have' came
we in evidenco. Near the cloan, down again to $100, and even at however, U.S. Steel advanced brisk- this figure buyers are holding off.ly and other issues followed.
Steel closed at 1481, the name figure as at the close last Saturday, HONG KONG AND WHAMPOA but the Dow Jones, average for 30. DOCKS-This stock has come down industriala showed a rise of 3.65 to 830, at whith rate there are a to 198.70, for the day's trading. fow inquiries, but whether these will; Bethlehem Steal rose 1 to olose at eventually materialize into real 75; American Can was up 2 to business it is difficult to forecast. 119 U:8. Rubber was up a point to 14; General Electrio was up 14 EWOS--After soaring up to Tls.to 80; Westinghouse was up an 12.75, the market slid back to buy-eighth to 119); General Motors ros ers at Tla, 12.10. Bellers were hold 14 to 36h, and Chrysler, was army t ing off for ton cents more, but it 18.
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does not look as if they will, got it, Grains rallied on the Chiengo market, furnishings factor of CHINA LIGHTS-Thore were soundness. International Harvester quite a number of inquiries in this closed up a point to G2f; J. J. Chad was up four points to 1251 Among stock, but little, actual business was done. Rates Ructuated within the the mail orders, Scar Loebuck wa
up 21, to 578, and Montgomery narrow limit of $28.10 to 824.00.
Ward gained two points to close at 25].
*
quar
CEMENTS Cash shares were. TIME Dow. Janes average for 20 dealt in in small parocis nt 317.55 rails was up 13, and that for 20 and 817.70, but the demand eased utilitios was up 1.82, bringing their off slightly at the close. Forward respective levels to 116.67 and 71. business in this stock has boca mere: New York. Central was up 3 to of an attraction than cash, shares.
143) Pennsylvania gained tor to close at 073; American Tel CHINA PROVIDENTS-There are & Tel. was up 3 to 1001 Inter- THE LYST BALE "the kailan imahe taxestional Tools Remedi9yd to parcel of several thousand shares close at 7: Radio Corp, Way "u" was offered towards the close of 3/4 to 243; Columbia Gas declined the week and, so far as I can nacor-1 to 40, but Consolidated Gas was tain, was still unsold on Saturday. up. three points to 954,
Mining Administration's mines for
the week ended October 4 amounted
to 117,068 tons, and the sales during the period to 91,559, tons.
$11.60 Binceros. $11)
B. Ind. G.8 Bonds.... H.K. Gort Loans... $107
$12
0%
FACTS AND Figures
For the Busy Business-Man. interested in Hong Kong and South China. The Hongkong Weekly Press and China Overland Trade Report (Price 30 cents) will be mailed for a year to any place in the Send for a world for $16. specimen copy.
"HONGKONG WEEKLY PRESS,”
11, ICE HOUSE STREET.
EXCHANGE.
CLOSING QUOTATIONS.
ON LONDON:-
Oo'ober 20, 1950;
Telegraphie Transfer... 1/3) Bank Bills, on demand 1 Bank Billa, 4 months'
sight..... Credits, 4
sight
months'
1/31
**** 1/4 3/16 Documents, 4 months* ·
sight
.1/6,8/10
ON PARIB
Bank Bills, on demand 800 Credits, 4 months' sight 840
ON NEW YORK:—.
· ··· Bank Bills, on demand 311 Credits, 00 days night. 811 ON BONDAY:
Telegraphic Translor ar Bank, on demand..... ON CALCUTTA
Telegraphic Transfer Bauk, da doman
ON SHANGHAI :--
Bank, at sight ON TOKOHAMA |---|| On demand
87.
Tla. 80)
ON MANILA-On demand... 031 ON SINGAPORE ;--
On demand
ON 'BATAVIA:-On demand.. 73 On Harrior:
On demand
com
ON SAIGON-On demand. 60 ON BANGKOK my ta
SOVEREIGNS, Bank's Buying M'Ruto.
MAY BAR SILVER, per ox ..16
Press
$8.00
will keep you) in touch with Hong Kong Dews for six months
AFTER YOU GO AWAY
sad roa. will certainly want to know what Is happening. Sand an arder for the Weekly Press to be sent to you. We, at 11: Ice: House Street, will do the rest.
SERVICE TO READERS
THE
THE HONG KONG DAILY. PRESS, LTD., and the HONG KONG WEEKLY PRESS, through their London Offos, at 53, FLEET STEET, E.C. 4, are prepared to give Eubscribers. and: Visitors, advice regarding accommodation available, motoring facilities, suitable shop- ping centres, eto, magna q
If, when at home, they will call or telephone to the above addressg?
ano and the Intest available infor“. mation on all subjects of annuiry will be placed at their dispoasă &