12
TRADE ON THE TURN.
MR. "SNOWDEN SEES A
REVIVAL.
Mr. Philip Snowden, Chancellor of the Exchequer, stated at a dinner of the Farnham Chamber of Com merco recently that there were signs of an improvement in trade.
When it does come," he said, I think it will come with oon siderable rapidity:"
While there was an impression that prices had not toushod rocke. bottom there would be a reluctance to buy, bus as 1000
...
stimulus to trade,
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 31, 1930.
NEW YORK BLED BY 250 NEW R.A.F. PLANES DAILY SHARE QUOTATIONS
RACKETEERS.
EXACTIONS TO TUNE OF
MILLIONS
Millions in tribute money are according to complaints received by extorted by New York racketeers,. Judgo Orain, District Attorney, who has formed a Committee of Public Safety to stamp out the evil. Astou led by the extent of the exactions, Judge Crain said, "It would appear that those racketeers have a hand in overything from the cradle to the grave, from babies' milk to funeral conches":
The milk levy by racketeers is common knowledge, but one com plaint made to the District-Attornoy the impress that in certain parts of the city Fion became general that prices were no funeral coach bound for a come rising it would be a very great tery is free from tribute to the raoketeers. The undertaker must pay or have his conches damaged.
Landries pay these bloodsuckers at least £200,000 yearly, those re. luctant to pay finding garments ruined by acids or out to ribbona Judgo Crain estimated that gang store draw an annual revenue of £1,000,000 by levying three-half- pence per hundredweight on freight delivered to the city by sea or rail
"If we could all meet here twelve months from tonight. I be lieve we should find that trado had taken the turn
Enterprise Hooded. Our industries were living too much upon tradition, were not ap plying themselves to now methods, and were not alive to changed con- ditions
The working man probably bought 50 things against 10 or 20 in past years, and if he was to be able to demand this variety of articles they must be cheaper. Foreign manu- facturers had grasped that fact sooner than manufacturers in this country....
"Another reason, evidence of which comes to Government depart nients every day, is that there is a lack of enterprise on the part of British manufacturers in pushing their goods in foreign markets.
"Every one of our Tende Com- missioners is constantly complain-
road.
New York's biggest mer chants wore paying tribute, fearing violence if they exposed the racketa "Another complaint revealed that players in New York orchestras, at cabarets, theatres-and dance halls, must pay four abllings nightly to racketeers under threat of being clubbed or having their instruments destroyed. The gangsters levy a £3 fee for protecting miniature golf courses.
SHOWING THE . FLAG.
WARSHIPS FOR US. AND WEST INDIES.
FASTEST FIGHTERS IN THE-
WORLD.
Botween 225 and 250. neroplanes, costing considerably more than £500,000, have been ordered by the Royal Air Force from the Hawker Engineering Company","
The machines ordered' number of Hawker
which fdetcal
aro considered to bo fighting planes in the world.
A single-seater machine, it is cap able of a speed of more than 200 miles an hour, and this great speed, combined with its rapid rate of climb, makes it valuable as an intercepter of bombors
It was afliainly judged the fastest fighting aeroplane in the world in the Air Ministry competi tion for Service machines this year.
It is understood that the bulk of the order will be delivered dur ing 1031, but only a few extra men will be employed as the factory is equipped to cope with the work..
A feature of the aeroplanes is their simplicity. The design is such that in a time of national need, a manufacturer of bicycles would be able to turn his plant to their mani- facture.
ALONE ON HOUSEBOAT FOR 12 YEARS.
WATCHMAN WHO DIED IN DYKE.
Tiin tragic story of an old man's. solitary existence was told ant an inqueat at Canvey Island recently on John Prow, aged 80, who was found dead in a dyko in a lonely part of the island,
it was stated, he had been watch For the greater, part of his life, man on a gunpowder hulk
Since his retirement 12 years ago
ing to the Government of this It is announced by the Admiralty lack of enterprise on the part of that when the Atlantic Fleet leaves British merchants and manufac-for its spring cruise' on January 8 tures,"
In detachment will visit. number of Many of our large industries islands in the West Indies, include had lived alone on a houseboat. needed entire gutting and re-equip-ing Jamaica, Barbadoos, Trinidad ping with the latest machinery..
Vast India Market.
and Demerara, British Guiana
The detachment will consist of the battleships Nelson and Rodney, the Cruisers Hawkins, York, Dorset- He was certain the volume of hire and Norfolk, and the mine- Britain's trade would increase. layer Adventure. World trade was still in its infaney. At least two-thirds of the popula-the flagship Nelson, will visit the Admiral Sir Michael Hodges, in tion of the world had still a low Commander-in-Chief of the United standard of living, and as they pro-States Flect at Colon, Panama, greased their demands for many during January 23-28. factures from other countries would increase.
The Government was anxious to develop trade with the Doninions, but an increase of one pound per head with the Dominions would not Amount to more than twenty mil lion pounds a year.
But an increase of a farthing a day a head of our trade with India would amount to 00 million pounds a year. Therefore he did not despair.
Referring to the capture by the United States of 90 per cent. of the motor trade in the Dominions, Mr. Snowden said he risked the Dominion Premiers if the. British horse power tax had anything to do with the matter.
The remaining units of the Atlan- tie Fleet will proceed to Gibraltar, and, on the return of the vessels from the West Indies, the combined Mediterranean and Atlantic Flecta will carry out their usual exercises.
THE CRUELTY OF WOMEN
AND MAN'S ART AND POETRY.
That men have the artistic quali- ties, while women have all the prac- tical qualities, was the opinion ex- pressed by Dr. Alington, hent master of Eton, speaking at the speech day of St. Monica's Girls' School, Kingswood, Surrey, recent
·ly..
“Without exention they said Women went about pretending that had nothing at all to do with they were artistic, which was quite it. They could easily adapt them- | untruo, Dr. Alington added, selves to the lower power British Thero
not many grent
were
car. The reason was the lack of femining poeta or artists, and as for service, and the greater enterprise | feminine musiclaus, they spent their of the American motor-car mann-time playing the things composed facturers.'
for them by men.
Cheap Money...
It would not distross him to be governed by women, for women did There could be no revival unless most of the practical work in this. there could be an assurance that we country by the running of countless were going to have cheaper money-homes far better than the various not only cheap short term money, classes, of Government. but cheap long term interest rates Also,
Wonen, too, had far more phy sical courage. There was no ques. tion that women were the stronger
He thought that the tendency was now permanent towards a reduction sex in the sense of bearing pain, in the price of long term borrow-and the more cruel in their rondi
ing, and if that went on the ness to give it.
Government might some time--he
spoke with great reserve upon this matter, because he found that ob- sory&tions he had made at the fan-
SWEEPSTAKE FORTUNES.
4
"I couldn't start a new life at my age," he told a woman who drew his old age pension for him,
Bayers
$1,750
$115
SHAREBROKERS.. ASSOCIATION.
HONG KONG STOCK EXCHANGE.
Somal
TUESDAY DEC. 30.
Buyers Bellara Baloo Monica?
Banks
1,7571
£106
H.K. Banks $1,750
Do. (London)
1,7571
217
Chartered Banks...
2x7
Morcantile Bks. "A"
£12)
37
Do.
O
EIN £27 £12).
HTT
$3.20 $9,30 T.100
5460
81731
$21
$30
$325
*****
Bank of East Asia
Insurances
$1,290. Canton Insuranons.. $1,230)
Underwriters
D
FOREIGN MAILS
·GENERAL HOLIDAY,
On Thursday, the 1st January, 1131, the General Post Office and Erati b Post Offices will be open from 8 am to 9am ACHA MA
There wil be one collection from the pillar bazes and one delivery of ordinary corresp^ndenco'ns on Bundays and one delivery of registered our- respondence at 9 am, here
The Money Order Offlso will be entirely closed,
RADIO NOTICE.
Christmas and New Year Greetings are now nocep'ed by Government: Radio Offles for transmission via Radio. Full par.ioulars on application,
It is notified for information that local Tourrency retos for Radio telegrams will be increased with effect from 20th instant.
Individuals and firms are recommended to register their tale graphic address at the Radio Offico. No charge is made for this.
INWARD MAILS."'"
$3.20
North Chinns...
www
Union Insuranom .........
$5208525
M.850 Yangtaze Insurances
T160
$00
***
China Fires.
8400
$1,316) H.H. Fires.
$1,925
Shipping
FROM
JAVA and MAKITA' '.....”
PIB
$281.
Douglases
$301 Steamboats
TOON
$30
$40
Indos (pro)
$40
Amor and SWATOW ...
EUROPE via Buke (Letters and papers,
Tyikembang Oremer Maurice Long
$24
Do. (def.)
$25
79/6
Shell Transports
London, 4th Deo, and Parcels, 27th Novembor)
Comorin
-
Bist Dea. Slab Doo. Bis Doo
1st Jan, 1931
83/9
Jaras and branGHAT
Ranchi
#39
LONDON. Parcela (20th Nov.) and Briarta.
Helonus
2nd Jan, 2nd Jan,
Mining
Ausrawa and Mamita!
Nellore.
8rd Jan.
JAPAN
Brisbane Mans
4th Jan.
$11.10 Banquets..
10+
· Kidderpore
6th Jan,
28/0
Keilansare
07/
Tel
Langkate (comb.)...
T14:40.
Do. (single)...
37.40
U.B.A., CANADA, Jaran and BuanguAI ** (Bonitic, 13th Decomber} · ·
Jaran nud suanQUAT STRATTO
Fr. Madison Sphing Yasukuni Marui
Bla Dec.
6th Jan,
8th Jan.
Explorations... T
Shanghai Loans ...
TO
Rauba TAIKAT
$33)
Tronoh Minos
14/
Docks, Wharves,
CANADA, U.8.&., HONOLULU, JAPAN and)
HANDWAS VADOCHVor, 1.0. Sith Doc. U.S.A., HONOLULU, JAPAN and SHANGHAI Į
(San Francisco, 12th December)
... Pres. Harrison U.S.A, HONOLULU, Jaran and SIANG
mai (18an Francisco, 18th December) }[ Pros. Piares
Amp, of Japan
ཚ
9th Jan,
10th Jan,
19th Jan,
1!!!
MILPAI
Water-boats Time
Godowns, ete.
H.K, & K. Wharfs
· Da.
(now).
$173
Providenta (old)... $5.25
H.K. Dooke
South China Motors..
Shanghai Docks
$2.55
Tik
W
OUTWARD MAILS,
REGISTERED and PARCEL MAILS are closed 16 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before.9ʻa.m. register op and parcel mails are closed at 5p.m. on the previous day.
For
PEE
DATE and Tr
810
7.114
17.10 New Engineerings
T.284 Hongkows
Lands, Hotels, and
-Buildings
883
$12) $12.86 $127 8641
ILK. & S. Hotels....
Hoihow and Haiphong
8844
ELK. Landa (old)... $12.40 $12.65 19.46.60
Saigon...
Do, (now) A 384
844/4
Do (new) B153
$881
Manila Coba
T.822 39.21
Shanghai Lands ...
Shangha
$9,80
H.K. toaltys. 891
887
Japan, Honolula, USA Canada Central, and Fouth
America and EUROPE via Ban Zatruto Maru Francisco-dua Han Francisco, 2nd
Wodnoeday
New Mathilda Folikon... Melville Dallar
Jason
31st, 8.30A 5.00 8:30 K
5,00 P
Beg
5.00.PW
Let. Ist Jan, 1981.
8.30 à
JAN., 1931.
to assist in the search for his $17.65
A son said he went to the island father, who disappeared on Novem ber 99. The body was not found until last month,⠀ ***
There was over £10 in the dead
man's pockets, the son adding that T11.90] his father was moderately well off.
Prow died from a ruptured ven tricle of the heart, possibly 'caused by his struggles to clamber out of the dyke. A verdict in accordance with the medical evidence was re- corded.
EXCHANGE RATES.
[DRITISH WIRELESS SERVICE}·
Paris New York Brussels Genova
19/.
Humphreya....... 517,65)
Chinese Estates
Gotton Afifis
THUTH
$82
Thursday, lat,..
8.39
8.391M
9.00 A M
8.00 AX
Friday, 2nd,
Parcels 11.00 x Beg. 12.45
| Laiters 1.80 TM
2.00 TM
9.50 r
B00... Kowloon P. 0... Parcels 4,50 PM
Beg, Brd, 9.00AM
Letters 1000 M Q.P.O. Par, Sad, 6.00 Beg, 3rd, 9.45 AM ||Løltern" 10,30 AM
Saturday Brd, 10.00 À
Jan., 1931 and *FUROPE via Hiberia
$11.80
T.110
T.
T.91
Zoong Sings
S'hai Cottons................
Holhow, Pakhoi and Haiphong T.77) | Swatow, *Amoy And Formosa
Limehow
Tel
AMOR
Straits
Voli Maru Taiyuan Cromer
Public Utilities
$18
Tramways.
$18
814
Peak Trame (old)....
$14)
BU
Manila, Habaul, Australia and New Zos-1
land via Brisbane--dus Brisbane, 19th Jan. 1931
St. Albans
Do. (now)...
8043
Star Ferrics
$941
Bwatow, Amoy and Fooskow
Hai Ning
C. Lights,
$25
$89
HK. Electrica
882
Shanghai, Japan and "EUROPE via Siberis: Comorin Bhangbai
Terang
$23
$13
$23
RUGBY, Dec. 29.
123.00
Biraite Ceylon, India, Mauritius, East and South Africa, Aden, Egypt and EUROPE via Marseilles--due Mari seilles, 80th January, 1981
Kanchi
4.85 13/18
34.74
25.02
Amsterdam
12.05
92.75
20.30
Stockholm
18.111
Sandakan
Manila, Australia and Now Zealand via Dr. Brisbane--das Brisbane, 18th --Jún,
$3.80
Copenhagen
18.10
$17)
Osla
18.15)
$125
34.47)
1631
$11,35
1931
#97
43.03
108.29
378
Bucharest can
618
Rio
4 19/39
Buenos Aires
357 35)
$25
$23-
Amusementa
Bombay
Shanghai
Holiday 1/54
DI
$191
$4.30
2214 Chin: Entertainm'te. $18) Constructions...
Binaang
Brisbane Mara
¡Parcole・・ 4.00'
Beg, Lotteri
Band
4.35 x ►
5.00 M
Canton Maru. Kianges
1,00 Á m2 0.00 AM
Kwangiung Hydrangst
Monday, 5th,
Tusaday 6th.
10,30 AM
2307K
Haishing...
1.00 **
Kowloon P..
Reg.
1.00? W
$12)
$4.60
***
doe
1/18
$3.70 Lace Crawfords ***
$3.70
2/0 17/32
$19
Mackintoshsafida
14
140/18
$18
$13
$18.50
$19.40
Manila
Achilles
Free Madison
***
144
: 70%
7%
Milan Berlin
Vienna Prague Helsingfors
Madrid Lisbon Athen
Montevideo in
Hong Kong
Yokohama
Silver (spot) Silver (forward)
EXCHANGE.
CLOSING QUOTATIONS.
December 30, 1983
Telegraphic Transfer..... 1/}} Bank Bille, on demand 1/18 Bank Bijls, 4 months
sight I DEN JOURN in Credita, 1942 months".
· sight 'mimimisme" 1/2 1/18 Documents, 4 months'
aion House a few weeks ago
had creations that they might endeavour LUCKY WIDOW AND BARMEN. ON LONDON F ats early date to carry out a
The prices in the Irish Hospitals large scale conversion of that tor- rible incubus, the two thousand Sweepstake decided by the Manches- millions of per cent, war stooker November Handicap last month therefore, he would say no more mean that fortunes go to a civil than this, that effort would be made ervant, two barmen, a patrol pump when in their opinion the time was attendant and a widowed hotel pro- Inyourable for it
prietress: Mr. Snowden said the Govern- ticket for Glorious Devon, Lord There were three holders of the mont was "in very vigorous health' Glancly's horse, which won the race, and all the signs pointed to a very and thus brought £204,764 to these long time before the interview took ticketholders place between himself and his
BUCCESEOT..
TRANS-ATLANTIC
TELEPHONE SERVICE,
CANADA, AND MEXICO NOW OPEN
BRITISH WIRELESS SERVICE].
Roomy, Dec. 20. The Postmaster General ao nounes that. from January 1, calls will be accepted in the trans-Atlan tia telephone service for all parte of Canada and Mexico, inafond Ur
1.98$
Macao do.
Sandakan Lights.
535 Telephones (fully pd.) Do. (part pd.)
T10.50 China Buses.
7/10
Tractions Ar
Do (prel).....
Industriais
T.10 Caldbook, Lord.)
TI0.40 Macgregore }(prof.)
Canton Icoa
Coments (comb.)... $177
Do (old)...
$5.30 Do.
(now)...] Rope............... 311,40 $0.80 China Bugars...................
Malabon Bugars
Miscellaneou
Dairy Farms (old) 525$
(now) $331
Der A. Wingate
Do.
巴需
#
$3.80
- 1931
13
મ
$11.45
iwalow, Amoy and Formosa
Bangkok via Bwatow ...
1231
Hoihow and Bangkok
Bratow...
Bwatow, Amoy and Fooshaw
Nanyang Tobacco... $31 Sincera manu ・Watsons
$2.65 WILL Towells
promo%
B. Ind. G.. Bonds...
*
B.K. Govt, Loans ... $108
LODAL AND REGULAR OUTWARD MAILS.^
FROK
Balgon, "Straita, Gy'on, India, Mauri-j
tine, E. and B. Africa, Aden, Egypt || Sphine and EUBOPB vis Marseille Marsailles 6th Feb,
Straits Egypt and *EUROPE via Marį
sailles-idus Murzeilles, 6th Feb,
Shanghai, Japan, Canada, U.8.A., C. and)
B. Americs and *EUROPE vis Van-Erip, of Russia couver, B.C.--due Vancouver, B.C, 24th Jan., 1931 and *EUROPE via Siberia....
| Letters: 1.00, M
VAN. G.R.O.
Bog. 1.45 M Lettera ·2.30
2.00 4.8011
Parcels 5.00 PM
Wednesday 7th
·
Reg.
Letters 10,00 A MỤ
Saturday, 10th,
Fmp, of Japan
3.30 PM
WEEK DAYS.
SUNDAYS & HOLIDAYB Manila",
μου
FBOX
FROM G.P.O.
SHEUNG WAN BRANON P.0.
FROM SHEUNGWAN. G.P.O. BLANCH
P.O
67.15 am. 3] ̄† 7,80.1,0. £0.00 pm. 17.00 pm:
*sight.
•JA 8/16.
Cant
ON
PARIN :— MADAGA
Bank Bills, on demand 00O
Credits, & months' sight' 780
ON
NEW YORK:
Winners of the chief prizes are as follows:
Bank Billa, on demand 47 1/16, Macao & Tripshan Credits, 60 days"ˆsight.: 281
(7.18 mm, k† 1.30 KL.
1.16 pat
| 250 Potti,
O
BOMBAY
£34,127 each. for Afr. F. G. Pres
Telegraphic" Transfer
cott, Department of Agricul- ture, Belfast; Mr. Frank Ward,
Bank, on demand
J
O
CALCUTTA :-
Kongméon (except Baturdays)| | 6.00.pm.
Keukong (ozoopt Saturdays)"
6,00 p.m.
*6.00 p.m.
'Bank, on 'demand
Fatahan (By Trafo),
ON SHANGHALAN
Tia, 77
„Tal O
Bank, at bight...................} #6% dia foxOHAMA :---
Taf Pobre
and in a Torney, both bar
men Belfast, 2102,382--the half-share in the
first prize ticket-n syndicats of || -London bookmakers, who bought
Telegraphic Transfor... 75t
it for £2,530,-*dan.... On demand moe (54) £81,003 for Mr. A. P. Dawe, ON MANILA-On demand... 841
petrol pump attendant at Van-O SINGAPOR
courar (Coligny II.).
Us demand P £40.938 for Mrs Solina Thomɲ- UN BATAVIA:-On demand..
son, a widow and hotel proprie: On HairHONG **** tress, of Worksop prize to be On demand
ON SAIGON:On demana 1601 shared.
the principal towns only, and will will be divided among runners
be available to the whole of the other than the first three. There North American Continent, includ-fore tickets which drew horses which ing Cuba
ran won £1,905.
On demanding. Soveemans, Bank's Buying
BAR SILVER; per on 14}
Cheungo
7.16 am.. 3.00 am (0,00am. & 8.00pm
9.00am
8.00 p
$300 pz..
$80 p
Saturdays 11.00 p.m. &
480p. 630
only
(7,16 a.m. d) (7.30 am, &
5.00 p.m.
7.00p (op, oply7.00 pm.
Sundays Sandays
[7.18 azi,&] [7,80 m 1.15 p. 1.30 p Bunday
Bandara 8,15.11. 8.30 6.2 only only. `6.00 pat”.
*6.00 pm.
0.00 p
7,16 mm,
8.30 m 100p.m
Superscribed correspondence only.
YOU KNOW
YOU WON'T WRITE
So why not send your old mess-mate a Weekly Press while he is away? Let us have his Address, and send us 88.00 and we will send the Hongkong Weekly Press and China Overland Trade Report
to him
FOR SIX MONTHS
Office: 11, Ice House Street,
9,00 m
9.00 $0.
11.08.m.
$11,000
$ & 4.30 pra
Aberdeen Stanley
100 p.
Autan Pingshan, Bantin,
Sheangebui
Salkung
4.80
4.80 pun
Namtan, Bhekki #. Taiping
Fantin)