Money and Markets
HONG KONG SHARE SINGAPORE STOCK
MARKET.
BENJAMIN & POTTS' WEEKLY REPORT,
Messrs. Benjamin & Potts in their weekly share report dated yesterday stato :~
During the period under review the local market has show rather more activity and although a good proportion of the business done has been in connection with the approaching Settlement, there has been more inclination to buy at the lower prices now ruling, for
MARKET.
FRASER & CO.'S REPORT.
Messrs. Fraser & Co's Singapors Share Circular dated Jugo states":
HONG KONG DAILY PRESS, SATURDAY, JUNE 20, 1931.
THE BERLIN STOCK EXCHANGE.
POLITICAL UNCERTAINTY A POTENT FACTOR,
"LADYNOREEN
GUILTY
OLD BAILEY VERDICT ON GIRL AND WIDOW OF 74,
ADMISSIONS ABOUT HER *** WEALTHY BENEFACTOR."
Noroon Crowe (pr Jennie Chan man), who posed as "Lady Noreen
THE CHEMIST'S DREAM COMING TRUE.
'(Continued" from Page 1)
The coke from low-temperaturo. combustion plants is far better na a domestic fuel than ordinary coke, and it is infinitely perferable to coal, but the public has been slow, to realise this fact.
CHURCH NOTICES.
ST. JOHN'S CATHEDRAL,
Howa Kora.
Jos 21, 1931, 3rd Sunday after
Trinity- Holy Communion at 8 ami
Berlin, June 18.-Owing to the uncertainty of the political situa- tion the downward movement con tinued on the Stock Exchange to day, yes, coal, mining," potash and o'cetrica losing up to six points. In the course of the after. Crowe," was found guilty at the enttle trucks of the early railwaye roughly it has been found that by Evensong at 6 p.m.
noon prices, however, improved somewhat as covering purchases and Tin has fluctuated within, narrow foreign buying set in. Closing limits during the week and ccses prices were generally only slight unchanged at £10226 Accordingly below those of yesterday, to London advices considerable support has been necessary by cer- tain bull" interests to maintain present prices as the market bas remained depressed owing to con- tinued heavy sales of metal in the
AN INCREASE IN COPPER
STOCKS.
Old Bailey together with hor aged companion, Helen Leith.
"Leith was.
sentenced to nine
months in the second division, and Crown to eighteen months.
Crowe is 26, and Leith, the widow
120 Galons Per: Ton," Shortly before the war, a Ger- Oil is tho ideal fuel for motiveman chemist took out patents for power. There can be no compari- new process called hydrogena. son with coal, either as a power tion," and it is in this process, which has since been carefully-ex- fuel or a beating fuel. It wouldamined and improved by the Fuel be as sensible to compare a modern Research Station, that I think the The process is complicated, but Pullman dining car with the open Government are putting their faith. distilling conl with oil, nearly ali the oil in the coal is obtained. Whereas the yield from low-tem perature carbonisation is sometinics only a few gallons, from hydro-
To turn coal into oil at the pit head, to carry that oil in tanks to the points at which it is required and then to use it in the most economical fashion, is science and
common senso. They are the same thing! Instead of sending the of an Army officer, 75. Both had tar, amonia and other valu- pleaded not guilty to conspiring to able products up the chimneys of defraud Miss Bertha Lonsdale and
our houses and locomotives and Lo obtaining from hor 2187.
emptying the cinders into the dust bin, we should treat the coal so as to obtain its fullest value.,
Crowe broke into tears, when she was questioned closely about the "Mr. Costello" from whom she said
In their early days, gasworks she had received benefactions...
She denied that har story was did not realise that the by-products pack of lies, but eventually from the high-temperature carboni- increase of admitted:""Well, I was Mr. Cossation of coal were as valuable as
tello's mistress, if you will have
New York, June 12-Copper most stocks. Hoteis, Trams, Ce Straits. It appears that the delays on hand in the western ments, Dairies, Lane Crawfords in issuing Quetas to Mines ha hemisphere at the end of May
dus to the number of and Contructions have provided the been
amounted to 308,007 short tons, it outstanding features of the market Assessment appeals which have been
was announced here to-day. This with a further advanos in values. more numerous than criginal Aguro represents an
für' Banka-Hong Kong and Shang-
30,746 short tons in the copper hai Banks after having touched y anticipated, and this has un-
with doubtedly contributed to the feeling stocks since April $1,995 ara higher again buyers at $2,010 and business has of uncertainty which has prevailed been done at $2,015. The London in the market for some weeks past. quotation stands at £102 (Middle).
Marine & Fire Insurance-- Rubber is slightly lower Unions were negotiated at 8000/balance, but practically no interest 8015 and there are further enqui ries at the closs at 8610 Cantons has been taken in the share market receded to $1,450 at which figure which has been idle throughout the
sales were made. China Fires eun week.
be placed at 8075. Hong Kong Chiof interest has again been Fires at 81,365 have not" moved, Underwriters have changed hands centred in the Industrial section, several stocks showing fair."appre at, 83.55 and '85.60
ciation, notably Straits Traders, Malayan Collieries, Gammons and
"Shipping-Hong Kong, Canton Macro Steamboats opened very dull with an inclination to weak-Wearnes. ness and sales were reported at the eloso at $23. Shell "Bearers" have receded to 40/10). Waterboats are wanted at 828).
ets.
it."
£20,000 Fortune,"
....
Copper production in May amounted to 102,695 short tons of
It was alleged that Crowe posed refined copper as against 100,500 as an heiress and Leith as her short tons of refined copper in guardian, Crowo assuming the title April. In May 190,587 short tons of "Lady Noreen Crowe," and ro of blister ecpper was produced as presenting that she was coming against 193,870 short tons of blis-into a fortune of £20,000 a year ter copper in April.
LITTLE CHANGE IN PRICE OF
THE COMMODITY.
genation it may be 120 gallon or ton of coal, if recent claims are to be accepted.
Holy Communion (Peak Church) at
8.10. Children's Servion at 10 am. Matting and Sermon at 11 am- Prosohor :--Rev. H. V. Koop. Holy Communion at 12.15 pm..
Preacher:-The Dean..
Baptist's Day WEDNESDAY, June 24, 1931, St. John
Anniversary if the Bishop of Vis- toria's Consécration.
Holy Communion at 7.45 nm. and
-10.15 a,th,
Choral Evensong for Y.D.I
6,30 p.m.
Both processes have undoubtedly their own sphere of useful appli- cation Low temperature treat ment may give better facilities for the production of home made." Diceel oil, and it now seems prob- FIRST CHURCH OF CHRIST, ultimately supersede most other able that this type of engine will forms of motor.
Backed by confidence, and a public willing to sacrifee its cheer- ful fires for warmer fires and higher wages, I believe that these new publicity has heralded the revolu schemes can succeed. No blars of the gas. To-day, we have gone ation that may take place, but it is step further and found that the none the worse for that. It is by heat and power stored in coal can scientific ideas turned into prac cial jugglery that the salvation of be more coonomically used than intical inventions, and not in fan- the form of gas, and to-morrow we the country "lies. shall and methods of obtaining
even greater power from our petrol.
Our electric lights are only 21 per cent, efficient. Internal combus tion engines are content with a miserable 18 per cent.
FIRST MARRIAGE IN
400 YEARS.
EXILED SPANISH JEWS and an estate in Nerfolk, known
WEDDED IN SPAIN. as Trimmingham Hall, where she had an airplane, horses and dogs. Why thin; it may be asked, has
Madrid, June 10.-Two members ACTIVITY IN NEW YORK Mrs. Leith, it was stated, was this not all been done twenty years of the ancient Spanish-Jewish
SUGAR.
ago! Low-temperature carbonisaaristocracy who returned from to receive £5000 when Crowe came into her money.
tion has been attempted on n'com.exile to Madrid following the de- There was supposed to be a mys-mercial scale many times. Theore-re, proclaiming freedom of wor- ship under the new Republic were tery about Crowe's birth, but Mr.tically it is easy, although every married this morning. J. E. Eastwood (counsel for the different type of coal requires. prosecution) declared that she was different treatment. But after the the daughter of a Nowcast.o coal by-products have been obtained, it trimmer. It had been alleged that is necessary to sell the coke and Mrs. Leith said Crewe was the gas at a price sufficient to pay for the coal. By-products-merely cover daughter of "a high personage."
Mr. LA Byrne (who appear the cost of working and capital ed for Mrs. Leith) asked Crowe charges. And neither the gas nor whether she had any kind of docu- the coke has proved easy to sell
New York, June 12-Prices were
Mining. Very small business has been recorded in this section. Penawats and Kinta Tin Dredges, after dealings at 50 and 04 Docks, Wharvoe & Godowns.firmed up to 63 and 98 ets, respec-. Kowloon Wharves were dealt in attively on "bear covering, Kuchais 8107 and 1871 and closed with exchanged at 61 ets, and Sunger buyers at the latter rate. Transac Luas at 81.02. There are buyers tions were reported of China Proof Jchans at 21 ets ex. div. and steady on the New York sugar and vidents (Old) at 851 and 85.80 and Sungei Ways at 81.60. Rauls
coffee exchange to iny. At the the New shares at 82.70. Wham-came to business at $15.50, at pon Docks are unchanged. Shang which price more shares could be close the spot raw sugar price was hai Docks have appreciated to Te placed. There are scilers of Batu quoted unchanged at 1.30, an 113 at which figure they were sold Caves, Hitam Tins, Malaya Con- Cuban basis. The futures post- to the North.
sols, Nawag Pets, Petalings and Lands, Hotels & Buildings-Hong South Taipings. London stocks tions were unchanged to fraction Kong & Shanghai Hotels. were
are easier, Trenchs being offered ally higher. Following are the
a
T
booked to a fair extent at 8171 and at 10/, Ayer Hitams 11/-, after closing raw sugar Futures price ment from Mr. Costello (described in every district.
883 and 862 and continue in. re-
business at 11/0, Hong Kong Ting 14/9 and Renong Tins at 11/6, A fow Idris Hydraulics are wanted at 6/- and Malayan Tins at 18/
quotations, on a Cuban basis:-
Month July
as a wealthy Italian) to show that
June 11: June 12 he was putting anything in trust
1.21
1.21
Sept.
1.28
1.20
DOR..
1.37
1.37
Jan.
1.38
1.38
Mar
1.44
1.45
May
1.50
1.51
1.30
1.30
TRAFFIC TIME AT CENTRAL,
17.10 early in the week, but a strong demand for the shares bas since lifted the price to $171. Hong Kong Lands were realised again at 8999, but have since risen to a buying rate of 893. Sales of Realtys were, Rubbors. This market is feless, reported at $14.40 and $14.45. Hum. and apart from a few spasmodic phreys Estates are inclined to deals in Now Scudais, Haytora and strengthen and there are buyer at Pajams, very little interest has
Spot $21 and 8211 foor the Old and Newbeen taken in shares which con shares respectively. Shanghai tinue to be freely offered.
Trading was considerably more Lands fetched Ta. 40.
Industrials.-Straits Traders are Public Utilities. Hong Kong former and have been taken up to netivo with the raw sugar sales Electrica were dealt in again - at 826.25 with sellors now asking totalling 30,050 tons as against guest at the latter figure. Chinn 826.40. Malayan Collieries have 8,000 tons yesterday. Lights were taken off the market at buyers at 827.50 with no sellers in 826.00, but closed with n firmer un evidenco and Gammons are in de- dertone, "Blar" Ferrics were pla- mand at $21.30; a fow Wearnes ced at $08. Hong Kong Trams are wanted at 88.35. A parcel of opened with sales at 891.40 but have Stanton Nelson. Prefs, madə 82.40, Tele- and in ather Preference issues since risen to $22 buyers. phones (Partly Paid) reneted fur Frasor and Neaves were done at ther to 8381 at which" rate sales 80.00, but. United Engineer Prefs.
seller
812,00 were made. Yaumati Ferries, at have
Alexandra 828 mark a small rise. Peak Trams
$2.15, Unit. are quoted 814 and 80.00 nominal Brick Pref. at
Engineers, after business for the Old and New shares res.ed pectively, ex the dividend of 80 up to 87.30, are on offer at 87.25,
Before Mr. Schofield yesterday, and bids are still invited for Bri centa and 40 cents just paid.
Miscellaneous, Green Island tish Malaya Trustees, Central En the driver of a public car was Cements (Combined) fell away at gines and Eastera Uniteds. Lon- charged with carrying four passen the outset at 820.60, but have since don shares show small changes over bers in excess of the number allow hardened and a fair amount of the week, although Shell Trané- business has heen done around, ports have improved 2/6 to. 45/0ed by his licence, for not having 821.15. A further improvement is middle. Other middle prices are full control of his vehicle and for to be noted in Lane Crawfordsns fellow British American which were bought to a fair extent Tobacco £8.10.6, Hong Kong Banks driving on a manner dangerous to up to 28. Dairy Farms under per- £102.0.0. Duffs 1/4 Dunlops (1) the public in D'Aguilar Street. sistent demand. rose during the 1573, Imperial Tobaccos £4.8.0, week to 832, but ended alightly Courtaulds 25- Imperial Chemi: easier with buyers at 831. Hong enls 13, Unilevers 30/- Kong Ropes, after sales early in Czecho Slovakia the week at 892,35 recoded to £110.0.0. $21 They closed a shade higher
with buyers at 822).
Watsona
show a small advance and are en- quired fcr
Wm. at: 813.20 Powells are quiet but steady at $4.20 ex the dvidend of 20 centa Constructions have just paid.
firmed up to $10.10.
A
counter,
at
and
and
8 рет cent.
RUBBER PRICES RATHER LOWER.
CARRYING PASSENJERS IN EXCESS.
Mr. H. L Dennys, appeared for the defence and pleaded that the three summonacs were really the samé offence. Regarding the ques- tion of passengers, Mr. Dennys said that there was an excessive number though there were
for her.
"My guardian would have that," Crowe said.
The Common Serjeant (Sir
Henry, Dickens, E. C.).-Was he
to be the source of your inheri. tance-Yes
"Come, Come."
It has been said that Trimming- ham Hall was a fiction. Did you invent Trimmingham Hall? — I don't remembor.
"Oh, come, come," said Sir Henry Dickens.
Miss Crowe said that she thought the money for her expensive frocke,. etc., came from her allowance from Mr. Costello.
"Do you honestly believa that'
Mr. there was such a person as Costello "askod Mr. Byrne.
"Yes, and thero was such a per- son, too," Crowe replied.
Mr. Byrno-Wasn't it all a pack of lies
pressed for an answer began to cry. Crowe remained silent, and when
Mr. Marston Garsia (for Crowe), You must answer. Your liberty depends on it.
Sir Henry Dickens. Look at me. Was not all this story about Mr. Costello a pack of lies?
Crowe, No sir. "Thon why all this mystery about Mr. Costello?
Boat Meeting Buggestion Mr. Byrne. You knew w was a man you picked up in the fioat between Portsmout, and the not really nine Isle of Wight... man on the vehicle at the time, as It was then that Crowe, in a was alleged: They were American burst of tours, remarked.Well, I was Mr. Costello's mistress: then, if you will have it.
Mining. With the exception of NEW YORK FUTURES SHOW. sailors and one of them told the
Raubs which are on offer at $381
there is no change to report in this section.
"ING ON DECLINE,
Cotton Mills. Ewos have ad-
New York, June 12.-Fractional vanced further to Tls 14.30 Shanghai Cotton can be placed at losses were trocorded in today's Tls. 983. Zoong Sings are un- trading on the New York rubber market. At the close the Junta chengod
in price was quoted unchanged at Rubber. Plantation
per 8.05 but the futures positions were London is quoted lb., and the following are the off slightly active with the con latest cabled quotations received tract turnover for standard No. 1 rubber totalling 70 lote as against from Shanghai:
Anglo-Javas Tla 4.50 Buyers 74 Jots yesterday. Following are Anglo-Dutch
the closing futures price quota tions for standard No. 1 rubber
'Juse: 11 Juno:12
· Month
0.05 15
6.05 6.19 8.10.
Batu Anime
Chemors
Consolidateds
Krocwoeks
Repaba
Tanah Merahs,
25 0.217
2.80
20
1.90
Juno
00-
July
.40
Aug.
0.25
.20
Septe
8.9410
1.10
Oct.*
0.41
--Ziangbes -*-*-
Nov.
0:48
Exchange. The:
rate on
Dea
6.86
6.36 0.43 0,50
London in 11d; and on Shanghai
Jan.
10.02. PASA
0.07%
80,
Fab.'
0.80
0.65
Forward Settlement Days.pard
Mar.
6,78
0.70
June, 25th July and 26th August,
Apri
8.58
6.60
1931
May
6.06-
6.02.
Tebongs
Mr. Byrne-I put it to you that you took in everybody you came in contact with I took in no ono,
driver that they would hold them selves responsible of any trouble arose out of his taking them all in
And that you took in Mre, Leith i his vehicle. Ho, gave the driver his
Questioned by Mr. Exitwood (for that was no good and none of them card with his New York address but She took me in could be obtained as witness, the prosecution), Crowe said that she had seen her trustee, Mr. Jas After taking evidence, the Magis por Lonsdale, overal times, but trate registered a caution on the she did nt know, where he now charge of not having full control was of the vehicle and imposed a fine of 5 on the excessive passengers charge. For driving in a manner dangerous to the public a fine of 320 was imposed.
One Way Traffic
The chauffeur of Miss Lewis, of 2.Gage Street, was summoned with having driven his car down Conduit Road which was only open to traffic going up the incline. He pleaded guilty and was find 315,
Mr. Eastwood-Like Mr. Cos tello, he has disappeared Mra. Leith knows
Crowe denied that her mother was referred to as a distinguish- od personage."She did not know how much money was left her, but she did not think it was anything like £82,000.
She agreed that she had been committed for trial'álse on a charge concerning.359, aho, btained from Mr. Wood, but sho' denied that The same fine was imposed on a it was obtained on the representa Chinese motor cyclist who waetion that she had an introduction charged with driving bis; machino to Charles Chaplin and that be along Queen's Road West without was going to take her cut to din efficient brakes.
mer:
This was the first public celebra- tion is Spain, of a marriage bo- tween Jews since the order expel- ling Jews from the country was passed in the reign of Isabella I.
1482.
SOLENTIST. (Branch of The Mother Church, The First Church of Christ, Scientist, in Boston, Mas, U¡§.4.) MACDONNELL ROAD, BELOW BOwas Road Tram Station,
SUNDAY SERVIOS, June 21, 1931, at 11.15
Subject Ie THE UNIVERSE, INCLUDING MAN, EVOLVED ET ATOMIC FORCE P
The Sunday School is held on Sunday Mornings at 10 o'clock.
Wednesday Evening saling at 6.30 p.m.
Boading Room at abovo address, open:- Taosday and Friday, 10 am to 12 Noon. Monday and Thurday, 3.30 to 7 pm,
The Public is cordially invited to attend the services and visit the Reading Room,
WESLEYAN' METHODIST
CHURCH,
Queen's Road East (Opposite Royal Naval Hospital).
DIVINE SERVICE SUNDAY, Juce
1931-
ま
Morning Service at 10.15 a.. Evoning Servies at 6.00 p.m.
The couple this morning were forced to bring a Rabbi from Morocco to perform the ceremony. Two million Spanish Jews, most of whom are now in exile, have been offered freedom of worship by Sunday at 8.15 p.m.-Service Men's
the Republic.
Mac's
Cafeteria
Temporary Transfer During Structural Alterations
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Preacher Rev. J. G. Knight
Anstey.
At Sailors and Soldiers' Home, Every
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are now accommodated on the
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in a
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T!
HOW YOU HAVE LONGED FOR IT
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