12.
Money and Markets
CANTON TRADE TRADE DEPRESSION
NOTES..
The oil market is normal. Latest quotations are groundnut vil 88.05: tea-send oil $0.80; wond-tar ail. 89.05.
The cotton yarn market has boën steady during the past few days. and prices are firm. According to
Shanghai telegram, the market thero has been dull..
RKUTER'S AMERICAN BREVIOR}'
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 3
13, 1930.
P. & O. REPORT. DAILY SHARE QUOTATIONS
"OUTLOOK- ANYTHING BUT SATISFACTORY.”
HONG KONG STOCK EXCHANGE.
SHAREBROKERS: ASSOCIATION.
Balan minal TUESDAY,
DECEMBER 2.
Banks
Buyer Balan
...
H.K. Banks.......--| $1,080)
Do. (London)...... Chartered Banko ... Morcantile Bles. “A”
Do.
Bank of Kast Asia...] $117
Insurancas
Balas Noktal
!!!!!
H
·FOREIGN MAILS
BADIO NOTICE.
Individuals and arms are recommended to register their tole- graphic address at the Radio Offios. No charge is made for this.
INWARD MAILS.
***
Fuo
£10
Cen 812)
JAYA 1 JAVA M
**
AMOT a SWATOW...
"
P
BHAMORAL and SWATOW JATA
JAVA Bud MANILA...
Ватата
IN AMERICA.
(THROUGH REUTER'S AGENCY,]
LONDON, Dec. 1. The Peninsular and Oriental NATION'S ECONOMIC LIFE Steamship Company's report for the year ended September 30; in- UNIMPAIRED.
cluding £120,000 brought forward 116 from last year, shows a credit balance of £800,000, compared with £13,000 for last year...
The sum of £15,000 is carried forward:
5,1685
81,700
C1131)
2181
1:27
***
E12)
T
$1,180 03:
+4
.....$3.0
$3,15
434
Kunora vía Suez (Leitora and papon,
•
7.100 $4901
T160
$498
L
$400 $1,165
M.850 Yangteze Insurance. China Fires
100
CALOUTTA and BTRAITE
*
$400
JAYAM ...
***
154
H.K. Fires...
$1,169
Australia sod Manila
SHANKĦAL und Amor
Shipping
STRAIN
$
MARILA
$27}
Douglases
$26-
Japan and Shanghai,
$312 Steamboats 8311
Japan and Suanquat
140
Indos (pre)
843
130
Do. (def.) ............
28
131-
Sholl Tiansports...
03/0
$39
Wator-boata wi
$39
WASHINGTON, Dec. 1. The trade depression was reflected in President Hoover's annual The price of foreign flour has message to Congress to-day, in risen slightly owing to limited aranouncing a budget 'deficit of rivals. There have been, limited quantities of Chinese flour the price $10,000,000, contrasted with the of which has also rison.
*
Some 2,748 picule of wolfram were exported during the latter half of last month. The price is low and merchants are reluctant to sell. There have been consider
#ble overstocks.
Six steamers, aggregating $4,000 tone, are being constructed, namely, the 91,800-tan liners Strathnaver and Strathaird, for the Australian estimated surplus of $120,000,000.service; the 14,000-ton" liners Can- Nevertheless, the fundank ntal
ton and Chefoo for the London, secarity of the nation's economic Bombay, and China line; and the
life was unimpaired.
He declared that the number of wholly unemployed, as accurately determined by the census take in April, was about 2,500,000, whilst The ponge weaving industry in
the Labour Department's index was Saichin district has been promis-larger. Trades had shown some in- ing this year. Very large quanti-
craeo since. ties aro exported to Indo China to meet the donand of the oversee Chinese and natives of Annam.
.
lo asked for an emergency sp- propriation of between $100,000,000 and, $150,000,000 to accelerate con struction and to increase employ Demand for raw silk by Americament during the next six months, has dropped off considerably. This, Bet commitments beyoud coupled with the competition of Japanese silk, has used a sharp period were unwarranted.
decrease in the exportation of raw silk from the city during the past few wocks
+
Arrivals of foreign piece goods have been very considerable during the past few months. Over 40,200 'rolls of cution pices goods and 11,300 yards of woolens were in- ported during the latter half of Last month
Optimistic Nots."
that
LATER. It is eatinated that the 1932 ex- penditure will be 84,054,000,000, and the revenue 84,095,000,000, if the tax reduction is discontinued.
The picture painted by President Hoover, however, was by no meani gloomy. He traced a substantial pngress last year in national prac And security and noted that the fundamental security of the nation's The exportation of tobacco leafconomie life was unimpaired. has shown a considerable declino Education and scientific discovery this year. Formerly, over four made advances, while the million pounds were exporteri major forces of depression lie out-
mally but this year tobacon eropside the United States and our are poor and only 1,400,000 pounds recuperation is retarded by the have been exported since January. | warranted fear or apprehension The price has risen by about ten created thereby." dollars per picul but the export duty has also increased by 87 per picul and merchants are making no profit.
ROYAL DUTCH PETROLEUM
COMPANY.
POSITION DECLARED TO BE "MOST FAVOURABLE."
(THROUGH ABUTER'S AGENCY.}
AMSTERDAM, Dec. 1. A meeting of the Royal Dutch Petroleum Company to-day ubani mously proposed modifications of the statutes.
Prices Stable. President Hoover declared that the United States had retained 80 to 85 per cent. of its normal adivities, and the incomes of the major financial institutions had weathered the storm unimpaired. Commodity prices remained ap proximately stable and a number of jadustries wore showing signa of in- creasing demand, and the world at large was readjusting itself to the situation.
Bellef of Unemployment, But the problem of the relief of unemployment was somewhat less than the published estimates of Sir Henri Deterding, the Manag- mmbers would indicate. The num- ing Director, categorically contra-ter of distressed families represent- dicted rumours in regard to the only 10 to 12 per cent. of the non-payment or reduction of divi- calculated number of unemployed. dend; and said that the Company's position was most favourable. There was no ground whatever for anxiety on the part of bond fide sbare holders.
EXCHANGE RATES.
[RITION WIRELESS SERVICE.)
RUGBY, Dec. 1.
Paris.
New York
Brussels
Geneva ...
Milan
Amatardam
National Defence.
The subject of national defence President Hoover dismissed in few words with a reference to, the Trosty, which London Naval selallished for the United States qarity with the strongest foreign Powers, and brought important reonomics in the conduct of the Хагу.
Future Legislation.
|
0,600-ton cargo boats Soudan and Somali for the London to China linc.
All these vessels are oil fucl burners.
The report adds that the outlook is anything but maliafactory.
គ្ន!!!!
THE
Canton Insurances.. $1,175 Underwriters
North Chinas......«***** Union InsurancOS... $198
'Mining
Beaquets......
$9.10
38/1
Kallonsmatrati
Langkata (comb.) .......
1.64
Do
(single) ..
Exploration..agotovo
T.5
$31.70
FA
Sir Robert Horns and Lord T.I Cromer have been nominated usi Directors.
Shanghai Loans...
Raubs ... $313
Troach Mines 1999
Docks, Wharves,
Godowns, ato.
FL.K. & K. Wharfs...
Providents (old).... 95.95
Do. (now) 5255
H.K. Docks
GERMANY'S MONEY BILLS.
$179)}}
35.35 $2.05
#04;
$32
31
2.117
Shanghai Docks ...
T7.10
Now Engineering
LEGALISED BY PRESI DENTIAL DECREE,
{THROUGE_BRUTER'S AURMOV.}"
M+
T.281
ket
BERLIN, Dec. 1. Following report from the Chancellor, Herr Bruening, that it
was unlikely that Parliament would pasi the Money Bills connected with the Government's economic aud Anancial plan to deal with the pre- sent trade depression, President Hindenburg signed a decreo under 48 of tho Constitution Article wherely the Bills inmediately be come law,
$11.40
$11.45
$824 $83
1·831/2
8812
$89
| La
$20
13
T319
85,35
816
$101
***
687
***
Tut El
Jox div. T.70
***
$18
$141
392
The decrce cubodios 25 Bills. The Reichstag can now vote for $26.60 326.15 the annulment of the legislation, | $791 $90 but it is thought that it will be im- possible to obtain a majority for the purpose.
SOVIET ANTI-BRITISH ALLEGATIONS.
UNFOUNDED REFLECTIONS STRONGLY RESENTED,
(THROUGH REUTER'S AGENOT.)
LONDON, Dec. 1.. Mr. Arthur Henderson,
quos. tioned in the House of Commons about the anti-British allegations contained in the indictment of the conspiracy trial at Moscow As regards the future, Presidoat November 11, agreed that certain Hoover commended the Congress to consider legislation to facilitate passages appeared to reflect advor. sely and unreasonably on the Bri- railway consolidation, the revisiva tish Government. The British of the immigration laws, and the Ambassador in Moscow accordingly
trengthening of the deportation rs to rid the country of criminal was instructed to inform the Sovie
123.87
4.58 348 35.07 82.72)
12.001
Berlin
20.30
Stockholm
18.01
Copenhagen
18.16
alions.
...Oslo
18.157
Prague
03)
Helsingfors
193
Madrid
43.15
Lisbon
108.25
378
Bucharest
818
Rio
41
Bombay.................
1/52
Shanghai
1/0).
Hong Kong
1/21
Silver:-
Spot...
101
Forward
10 1/8
Athens
SOVIET TROOPS ACTIVE ON LATVIAN FRONTIER. ARTILLERY. SHELL, `SEVERAL VILLAGES.
(XAROUGH AKUTER'S AGENCY.}
BERLIN, DOC. 1. Strong military activity on the part of Soviet troops is reported from the Latvian frontier.
The whole district of Bigosovo is reported to be awarming with Red itroops, ..
Ride firing was uninterrupted and many soldiers have been wounded.
Risings of peasants in West Rus- sia are reported from Riga.
EXCHANGE.
CLOSING QUOTATIONS.
ON LONDON——
December 2, 1030,
Telegraphic Transfer... 1/2)
Bank Bille, on demand 1/21 Bank Bills, 4 months?
Credits,
months'
1/27
Fight 4 months
--ཟྭ་ཏ་་ཅ་་་་་* ******* 1/3 7/16
sight: 1/3 9/16,
ON PARI
ON
Bank Billa, on demand 750 Credits, 4 months' sight 800 NEW YORK:
Bank Bills, on demand 291 Credits, 00 days' night. 81 OK BOMBAY
Telegraphic Transfer
* Bank, on demand
ON CALOUTTA:
that in so far as they accepted the Public Prosecutor'e comments on ifhe nocused', depositions ho Mr. Henderson) took exception to the pasages which contained adverse and unfounded reflections on the lats and print Governments. (Cheers.) The Government await- ed the reply of the Ambassador.
ACQUITTAL OF AN EX-ARCHDUKE.
NO PART IN NECKLACE SALE SWINDLE.
New York, Nov. 25.-The former
-་་
Hongkows............
Lands, Hotels, and
Bulidings
H.K. & S. Hotels
HK. Lands (old)... $83
Do. (rights)
Shanghai Lands
H.K. Hositys ...... Humphreys ....... Chinese Estates...
10,
(00...
Cotton Mila
TE
$1721 172/3
371-
1T14.40
STAD
T.I
1.6
Pen
Tyikini Neston Elm Üremer
**3rd Dea
3rd Dea,
Brd. Dec.
Binking...
3rd Doo.
T'anda
Brd Dos.
Tyileboel ...
4th Doo.
Domodos
4th Doo,
.stb Deo.
5th Deo.
Gris Doo.
7th Doo.
8th. Dio.
8th Dor.
8th Dec.
12th Doo.
1th Dec.
Billamabat and EUROPE via Bineral
(London, 15th November}
Landon, 6th Nor, and Parcels 3.th October October...
*
Ranchi
Namsang... Bydney Mari
NL Albans Tyikarung Miren por
eroa. Menisley D'Artagnan
Terukani Maru
OUTWARD MAILS.
H
REGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and where maile are advertised to close at or balora 9 am. registered and parcel mails are closud at 5 pm. on the previous day.
FOR
14/Shanghai, Japan, Canada, 11.3.A., C.»¤l
America and EUROPE via Vio toria, B.Oue Victoria, B.O., 24th December and EUROPE via diberia Straits, Ceylon, India, Mauriting, East and South Africa and Parcels only for Germany vis Homburg ... Amoy...
hanghai, Japan and EUROPE via Siberia Moss!
T.193
Amoy and Formosa via Sw w
Straits...
Manila...
Swalow
811.46 14045
Java vis Bourabaya...
89.30
310) |$16.89) 816H
EwOST.117T11.65
S'hui. Cottons
Loong Sings aroun 발
Public Utilities
1-
**
$18
"Tramways" ya
Pork Trams (vld) .....] $14)
Da (now)...$7
L. Lights (old)...........) $26.601 (now) $20.15
862
Star Forrics......... 3421
$30,00
ມສ.
H.K. Electrics **$791
$23
Macao do.
Sandakan Lighta...
$35
Telephones (fully pd.)
$23.16
1.19
China Buses
7/8
Tractions ....................
***
19/.
*
Do. (part pd.) $23
Do. (pref.)......
Industrials
L103 Caldbook, (ord.) T1040 Macgregor prof.) $3.80 Canton Icɛa ******** Coments (comb.)... (old)... (now)......
이
1:1
FER
Likava Maru
Alator
***
Taiyuan...
DATE and TIM
Wednesday, 3rd,
280
3.00 PM
8.30 AM
3,30
3.30
5,00
Deli Maru
Thursday, 4th,
880 AM
Üremer
10:30 AM.
Desodora
Hydrangea
Tikandi
480 TH
Friday,
6th,
Parcole
NCOD
Tanda...
1.4522
Lotters 2.80 ₺ ►
Hatching...
Sydney Haru
Parcoin
100%
Box.
4.15
FE
Rancht
Japan
T.82 1.01
Shanghai and “EUROPE via Biberia
wator...
Bancii... Sinkiany
***
Straits,
Manila, Rabaul,”Aug'ralia and New Zes
laad via Brisbane-doe Brisbane, 23rd December Swatow, Amoy and
Manila, Australia and New Zealand vis Brisbane-dae. Brisbane, 19th Deo....
444
Fosshow
Beg.
ROT.
Lotters
1.00
Ceylon, India, Mauritius, East and Bouth Africa, Aden, Egypt and Rawalpindi EUROPE via Marseilles-due far selles, 2nd January 1931
Letters 5,00
8.00
6.00
5,00 % Kowloon P. O.. Parools 4.30 PM. Reg. 6th, 9.00 Letters 1000 a m G.P.O.
Pary 5th, 5.00 Y Box 6th, 9.45 Letters 10.30 a i
Baturday, 6th,
3.00 1
7th.
***
*T+
Straits and Calentin .....
Japan, Canada, U.S.A., Central and Bouth America and EUROPE vis
180
Amoy and Japon
Nam Sang
Sunday,
823) || $23,20)
71.
Bangkok ria Swatow Swater, Amor.and Formosa Amoy
Klangeu
·8 30 AM
Canton Mars
9.00 AN
Kwanglung
9.00 & 10
PH
Monday, 8th, Parools
Noon
Kum Sang ... LiLetters
1.00 M
Pres. McKinley
Parcels
3.00
Victoria, B.C.das Victoria, B.Q), (
Rog
4 15 P
$18.15
818.15- $18
Sath December ..
· 5,00 € M
012
311.10 $11
$0.80
913
Reg.
$5.20
Do. Корси
841
Shangbai and "EUROPE via Siberis
Pras. McKinley
patogumn #13.16| $11,40| $11.30 China Sugarsveinara
$27
Malabon SugarsE
$29
Manila and Sourabaya
United Asbestos .......
Bwatow, Amoy and Fooshow.
Tjikarang
Haiyang tr
**
Miscellaneous
1974.
Straits, *Egypt and EUROPE via Mar-
soilles de Marseilles, 8th Jan, 1931 j
Diomed...
3871
327)
$25
$8.90
81
Dor A
$23
***
Dairy Farms, oUAL, F.
Do ex rights
Don rights
Wings..
Amusements ******
Entertainm'ts. 319 Constructions....*..
$3.70 Lane Crawfords ...| $3.70
Nanyang Tobuxx... $9,26 $11,60 Sincere, artista
B. Ind. G. Bonds... 83%
$19
A+
Budu
Balgon, Straits Ceylon, India, Maritins, F. and 8. Aden, Egypt and EUROPE vis Marseillon-due Marseilles, 811 Jan.) 1981...
$18
$19.80 Watson
$3.85 W Powell
34
$114
Sandakan
TH
69% BIX
prom.
H.K. Govt Lon... 8105
...
**
LOCAL AND BEGULAR OUTWARD MAILS.
SUNDAYS & HOLIDAYS
Fox Face BAKUNOY AN
Власи
Lo..
Biralis, Ceylon, Inli, Mauritius, E. and“ B. Africa, Aden, Egypt and EUROPE I via Marcillez-doo Marselien, 8th. Juntary, 1981
Canton
Arobduko Leopold of Austris was
to-day acquitted by a Naw-York Macao & Tinskan
court of a charges that he had
03:
Telegraphic Transfer... Bank, en domand83 ON SHANGHAI :— .- 1 Tis. 70
Bank, at sight
...J91% dia. On Yoxon:****
On demand
Bob ON-MARILA. Og demand... Go, ON BINGAPORE
On demand........
631
ON BATAVIA::—On demand.. 74§ Soviet artillery shelled and set ON HAIPHONG- Iro to overal villages near the On demand frontier.
ON SAIGON:On demand 701
Peasants in Many Districts Revolt. ON BANOKOK:
Ragu Dan 1
The newspaper confirm the re- ports that the peasants in many districts have revolted:
On demand
1464
illegally sold a G.8400,000 necklaos
[7.15 ani, & `; 7.30 a.us. (000 pr.
7.00 p.m.
Handays (5pm. only
WEEK DAYS.
Flox a.ro.
Frox {SUMUKOWAN
Braмçu F.0.
G.P.O.
(7.25 m. 5.00 p
[7,80 am, &
7.00 AM..
Bundays
7.00 pm. only
::ƒ7.15 am, á] (17.30 am, A
[ 735 mm. & 17.30 KXL) .1.16 p..
1 1,80
1.30 Bunday 8.80 only
6,00 p.m. 6.00 pos
0,00 p
7.15 am. 9,40 100m
110,
(11,00
$ & 480p
which was once the property of Kongmoon (except faturdays) 5.00 p.m. Archduchess Louise."
Archduke Leopold
owner,
assisted a
Kankong (except Saturdays)"}
7.15
1,00 1,
( 100 núm. &
8.00p.m
{0,00 p.m.
British Colonel, Charles Townsend Fatahan (By Train) ... Bell, to negotiate the sale of the Tai O necklace for G.880,000, receiving commission of G.825,000, while the Tai Po the former Arobduchosa Louis Hapsburg, received but G.87,000, it was disclosed in the eridance during the hearing of the A Jury decided that Archduke Leopold had not intended to take part in a swindle.
Before his arrest, Archduke Loo pald sold usages for a living
CASO.
negotiations, it was disclosed to the court.
9.00 £1, 1
1280 p.m. & 4.30 p.. Saturdays 1:00 pm
·4.90 p 8.80
D'Artagnan
Himang
Tettam
5.00 W
Lettam 6,00 K
Tuesday, 9th,
B30 AM
1.00 Kowlson P.0.
Beg 1.00 Leiter 1,00
G.P.O. Reg. 1,457 M Laiture - 2.30
Kowloon P.O.
Reg. 10% Letters 1.00 K
Q.P.O
Reg 1.45 'Letters 2.33-7 w
Wednudey 10th,
10.80
Friday, 12th, Ratoen P.0.
Rea...
4,00 1 N
Torakuni Maru
(Letters · 430 ÝM
GP.O.
Bex. Letters - 0.00 ₪ mi
5,00′′ w
1.35 p.
Buninya
8.15 am
Lonly..
5.00 pm.
0.00 pm
*Superscribed correspondence only.
YOU KNOW
YOU WON'T WRITE
So why not send your old mess-mate
a We
ty Press while he is away?
us have his Address, and send
88.00 and we will send the.
Hongkong Weekly Press and China Overland Trade Report to him
FOR SIX MONTHS
„Ice House Street
8.30 A.
Shumchan
Cheungohow
Abertoss Stanley Antaa, Pingal
Bhatia, Shataukok and Shoungebai
3.00 pm
10,50 AL
Hamtan, Shekki & Talping
(Fmnan)
7,00p.m
مكابر 1000
1.00 p