A
DAILY SHARE QUOTATIONS
HONG KONG STOCK
$0.09
**
EXCHANGE.
SHAREBROKERS'
ASSOCIATION..
WEDNESDAY,
Baljere,
Buyers
Balta
t
“NOV."9.
Banks
HK. Banks
$1,330 Canton Insurances,..
HONG KONG - DAILY PRESS, THURSDAY, NOVEMBER 10, 1932.
MONEY AND MARKETS
ANGLO-SWEDISH-
HONG-KONG STOCK LONDON EXCHANGE
MARKET
QUOTATIONS
There was a further easing off of the lower-priced issues this morn. while the market generally ing, was very quiet. The investanent keeping however, is section, steady:-
Bales.
EXCHANGE
CLOSING QUOTATIONS.
November 9, 1938. О Город:
Telegraphic Transfor... 1/4) Bank Billa, on demand 1/4) Bank Billa, montha'
sight Credits,
aight
months'
/罐
1/5
Bank Bills, on demand 221 Credita, 60 days' sight. 23į ON PARI:
Bank Bille, on demand 570 Credits, 4 months' sight (10 ON BOMBAY :-
Telegraphio Transfer Bank, on demand
Bank, at sight...
TRADE
RATES
$1,065
$1,605
£110
Do. (London) .......
***
£14)
213 £91
Mercantile Bks. “A”
Chartered Banks...
Do.
£141 #23) 201
ADVANCE DELEGATES ÍN LONDON
YESTERDAY'S OFFICIAL
(BRITISH WIRELEST SERVICE.]
On New York:—
Ston
Raul of East Asia... 9109
RUGGY, Nov. 8.
N. O. & S. Darka
$71
$28
Am. O. Fin. Corp:
31
BRITISH WIRELESS SERVICE.]
Purís
##
16 $1.50
China Fin: Corp, Ord.
New York
3.301
Da.
Pref.
Montreal
3,80
InsuranceN
Brussela
28.80
Underwriter
| $2.95
$5:0
41820
Union Insurances ... China Firos ********
3077
31,180 K. Firs
$1,34)
$516
$1,240
Un Calcutta 1-
Geneva
17.15
Telegraphic Transfer
Amsterdam
8.23
Bank, on demand
# !
Milon
04
ON SHANGHAI:-
Pk16
International Assoo..
Berlin
13.03
Bkipping
ON YOKOHAMA Z----
$.6
195
#23)
See in boasts .........
12%
$40
65/.
#32
Do. (def.)
Stockholm Copenhagen Osla
18 20/32
On demand
ALT
20%.
On demand ...............
68)
48).
Vienna
28 now.
ON BATAVIA:-On demand. atf
Water-Lonta
***
320*
Mining
Prague
$181
Benguets...
319
Helsingfors.
230
ON SAIGON: On demand. 67
Venozuela Gold Fidi.
$3.80
40 13/32
ON BANGKOK :-
20/-
Kailang
93/
7.4
7.4
British points of view were
1930-
1001
T.zi T.1
changed and are being examined.
580
On demand SOVERIGNS, Bank's Buying
Bate
500
1371
1/0 Bax Silva, per cz. 23}
$19.30
18.0
242)
53 nom.
Nominal
$21
$3.80
Douglanss ....
Indios (prof.)
30,71 Sholls
21 qt
34.20
$1.00
Langkats (single)...
T210 Explorations..........
T2.30 Shanghai Loans
$10.46 Ranba***************
3
3148
314's $4.00
1284
$10
он
178
$11.10
T14,50 T.71
·T11.15)
128.63
Tronok Mines
Benguet Exploratione Docks, WharTOR, Godowns, sto.
H.K. & K.
harves
Providents (old). . $4,90
Do
(new)...
H.K. & W. Docks
8. China Motors A.':
Do.
1.99 Shanghai Dock
T6.40 New Engineerings T250) Hangkowa .........................
Lands, Hotels, and Buildlags
111.60 H.K. Hotola (old)
SAT
H.K. Landau
म
(now)
T.247 Huanghul Lands
Metropolitan Lands.,
$79
܃ ܃ ܃ ܃ ܃ ܃ ܃ ܃ ܃
R.K. Realties...........** $9,40 | $9.50 | $9,50
T.10
$0.45
T11.40 Ch'ns Do
1.005
Do. Debentu os
$18
$140
329
Asia Realtis “A”M
Do
Haphroys ******
$16
"3"M
TH
#19
$100
Chincan Estatos.****
Cotton Mille
Ewos
S'hai Coltons.........
Zoong Bings..............
$145 Wing On Textiles(8.)
Public Utilities
192.15 Tramways $22
$148
$2.20
227
$10
$10
T,64
RUGBY, Nov. 8.
Baru THE Swedish Minister,.
Palmstierna, today introduced to the President of the Board of
Menars Trade (Mr. Runcimin) Sohlman, Sahlin and Allard, mem bers of the Swedish delegation who have arrived in London in advance of the full delegation for prelimia. ary liscussions on Anglo-Swedish
commercial relations.
been issued A statement has showing that the Swedish and
TENANT FARMERS IN JAPAN
ACRIMONIOUS DISPUTE
.1
Tokyo, Oct. 30.- Largely 'dan to 1.99 the poor harvest last year, there has been a remarkable increase in the number of farm tenancy dis- putes this year. The statistics com $11.3plied by the Department of Agricul- tore and Forestry show the follow- Ang gures:--
$11
Cause Landowners
farmers
involved 33.278
Compared with 9 months Jast year
whe
+12.0-10
Union Insurances, 530. H.K. & K. Wharres, $148, Providents (Old), $4.00.
Buyera.
Underwriters, 82.90.
Union Waterboats, 321. Venz: Goldfields. 33,60,- Benguet Explorations; 91 -cents. HKK. Wharves, $148. Providents (Old), $4.80. Providents (New), $1.00, Hong Kong Lands, $78. Ewo Cottons, Tla, 14.80. Shanghai Cottons, Tls. 71. Zoong Sings, Tis. 11.15. Peak Trams (New), 88, Hong Kong Electrica, 878, Macão Electrics, $98, Dairy Farma, $28.00. Entertainments, $12).
Constructions (New), 31.40.
B. Ind. G. Bonds, 0 per cent. H.K. Goyt, Loans, 2 per cent.
Prom.
Sellers.
H.K. Hotels New), $11.30. Hong Konu Realties, 89.45. Auriculturals, $10. Wallace Harpers, $10).
CHINA MERCHANTS INSOLVENT
GENERAL MANAGER'S ADMISSION OF SITUATION
Madrid.
Lisbon
Athens
Bucharest
Belgrade
Rio.
Buenos Aires Montevideo
Bombay Shanghai Hong Kong
Yokohama
12.201
108
111}
30 noin.
107}
US MANILA-On demand.... 447 On SingaporK:-*
On BairhonG:-
On demand.
HONG KONG WMETEUROLOGIOAL
REGISTER,
Hong Kong Observatory, November 9,
¡Provious]On Data On Date
Day
at at at p.m. 10 a.m. 4 p.m.
29.99
1/0 11/01
1/0 10/10
1/4)
1/2 13/10
Silver (spot)
11
Silver (forward)
19
SHIPPING CAPITAL'S POOR B
RETURN
Barometer... 30.01 31,00 Temperaturo 74 dumidity... 79 Wind-
72
73
74
77
Direction E ENE
Forou Weather Rain ...
3
2
ww
BO
0
ย
0.07 0.17)
22 B
0.0
8.79
The need for steps which organ ised bodies endeavouring to take, with a view to remedy-ighost open-air Temperature
Lowest open-air Temperature, 9:50 ing the slipping industry's seri ous plight, is borne out by a statistical review of the shipping position, compiled by Fairpiny, the weekly shipping journal, showing
that the 25 British liner and cargo- liner companies, with a paid-up Nanking, Nov.-The China capital of £-13,608,100, and owning 190 ressels of 3,556,000 tons, stand- There is a general tendency for Steam Navigation Company coulding in the books at 204,205,153, the disputes to grow more acrimon not even make, enough profit to pay whose accounts have been issued in ious in nature, the methods employ the interest on its debts, declared the first nine months of this year ed disputants become ex- Mr. Li Kuo Chieb, the General have distributed a dividend equal
to only 1.81 per cent. treme. In the meantime there has Manager of the company, who ar
Up to the end of September
2,407
+ 300
involved 9,346
+ 2,479
Tenant
Ti4.90
T.72
TIR
$146
$105
Peak Traus
(old)..
$10
Do (new).....)
371
5643
Star Ferries
04
Yaumati Ferries(old),
135
$313
Do
(new)
$34
17.33
bor
$17
Do.
(now)...
$17
H.K. Electrica..............
$78.7811
$12
320
Tolophonos (old)
$28
Do,
(NJW)
China Buses.........
21.
147-
$17 45, Chius Lights (uld)...
Macao do..
Bandakan Lightu .
Tractions m
Do. (pref.)....
Industrials
$27+ Malabon Bugars T.14 Caldbook, (ord.) T1 Macgregor prof
Canton Ice
$13,80 Coments (comb.)....
82.30
Do.
$12
$10
Do.
Ropes
-
$6.70
(old). (now)... $2.1.
$13.60 $13.501 $11,60
} $12.00
Dairy Farm
Ch: Agriculturum
Miscellaneous
Der A Wing...
Amusemente ***
Ch. E'tainmonta..... $12
Constructions, (old)] 87.20
Do (26)
#281
$2.15
315
$20.00
317
$1.48.
310
$12!
$1,40
L
$6.20
$1.00
Lane Crawfords..... $0.00
Mackintosha.........
Nauyang Tobacco...
$156
Binceres............... $16,50
$188
Watsons (old)
311,40
Do. (new)
3121 8191
$3.35 Wm.
$3.20
$10
331
S., Enterprises...
#2)
151
United Theatro......
B. Ind. G. Bonds... 69°/
pren.
I.K. Goyl, Loras... $1011
$104
Wallace Harper ...
$10
$235
ERK. Wing Oo
S'bai Do.
China Sports Ltd..
H
H
Whi
$335 $216
more
However, 37 cargo-boat companies
been a marked increase in the num-rived at Nanking to-day from Han-fared even worse, for, with a capi
of tenant farmers' unions. köw after an inspection of the Everything points to the increasing Company's ́ property at Yangtze need of promulgating a Farms Ten-| ports. aney Law quickly.
Mr. Li Kuo Chich diseluted the
The Department of Agriculture fact that at least $415,000 was re- and Forestry planned to introduce quired every mouth for amortisa A Farm Tenancy Bill in the forth- tion and interest charges and the was meeting a monthly coming session of the Diet and sub company
deficit of $200,000. mitted the necessary expenditure
He said that no further lon to the Finance Department for, ap- could be raised, since most of the proval. The Accountancy Bureau
under of the Finance Department, how.
ever, has turned it down.
THE PRICE OF RICE IN JAPAN
DIFFICULTIES IN DEVISING
CONTROL
Takyn, Oct. 31.-Slow progress is being made in the discussion by the Rice Advisory Council over the rice
control scheme. Many councillors are opposed to the plan now modi- |fied by the Departinent of Agricul ero and Forestry. The Council is to meet again on November 4th, but an inmediate settlement cannot be hoped.
Company's property was
mortgage.
Runours have lately been current regarding an alleged reorganisation of the company, but to-day they were denied by an official of the Ministry of Communications, who stated that in the absence of ade. quate funds to cleay off the pany's accumulated debts mere organisation would not help
tera.
tal of £11,230.553, and owning 203 Vennels of 1.807,615 tons grens valued. in the books at £18,302,380, these companies were able to return to the shareholders only 1.44 per cent. in dividend.
B-Blue sky; C-Cloudy; D- Drizzle; F-Fog; L-Lightning: M-Mist; O-Overcast: F-Passing Showers; Q-Equalls; É-Éain; T- Thunder.
HONG KONG TIDE TABLE,
From November 10, to 16 193
BION WATER,
Hong
Days weal
Date of
Thur 1
The shares and debentures rid 43 British shipping companies show a fall in market value of £16.189,968, Fri or 18 per cent,, compared with the highest figures ruling Inat year.
MONEY EXPERTS MEET
PREPARING FOR ECONOMIC CONFERENCE.
Kong
Standard
Tixie.
Height,
LOW, WATER,
Hong
Kong
Standard
Timo.
Height.
h. m... h. m. ft. is. 07 31 16 9
01 15 8 6 2:10 7 1818 30 08 28 5 8 12130 20 37 0 09 12
1:41
09 41
31
Bat.
12
2.6
1409
Aug. 13
(3 21
Mon. 14
211576] 1040 2135 17 71
14 26
36
040
1453
Trom 15
Wed.! '16
2848] 0140 16 2185 7 81 · 150:13 9 2014 a 05 29 16 29 19 791620
18 37
NOTICE TO CONSİONEES JOBAN STEAMSHIP CO, LTD
ORINA MUTUAL STEAM NAVIGATION CO., LTD.
LED
Geneva, Nov. 4.-It was learned from authoritative sources to-day that the experts who are preparing the agenda for the World economic conference will discreetly recom. commend that the world return to the re-gold standard. This return should mat-be made, however, the report will
say, only when certain conditions CONSIGNEER PO are fulfilled as a preliminary re-
Mr. Li Kuo Chieh favoured turn.quisite. ing the company into a private enterprise operating under govern mental supervision.-Reuter
MERSEY TUNNEL EXPENDITURE
PLANS TO PROVIDE FOR
..be
1
Optional Cargo will not be landed here, unless Notice has been given prior to Vessel's arrival, hnt carried on from port to port to the dual port of call to which the option extends.
CONSIGNEE NOTICES.
THE EAST ASIATIC · CO., LTD. COPENHAGEN.
THE Motor Vessel
THE
"ABIA" having, arrived, Consignor of Cargo aro heroby informed that all Goods are being landed and placed at their risk into the hazardous and/or extra hazar. dous Godown of the Hong Kong and Kowloon Wharf and Godown Co., Ltd., where Dolivory can be obtained as soon as the Goods are landed.
No Onion will be admitted after the Goods have left the Godowns and all Good remaining undelivered after 18th Noromber, 1933, at 4. p.m... will be subject to Rent.
All broken, chafed and damaged Goods are to be left in the Godown, where they will be oramiced by Mosara. Anderson & Aske pn the 14th Nov, 1934, at 10a.m.
All Claims against the Teasel must he presented to the Undersigned before the 18th November, 1932, or they will not be recognised.
No Fire Insurance will be effected. Bills of Lading will be countersigned by JOHN MANNERS & Co., LAD, Agente,
Hong Kong, 8th Nov. 1932.
[8757
NOTICE TO CONSIGNEES.
OCEAN STEM SHIP CO., LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO, LTD.
ONSIGNEES por Co.'s Versai
* ACHILLES"
FROM UNITED KINGDOM VIA SINGAPORE are hereby notified that their Cargo will
fato Holt's be discharged Wharf, Kowloon, where it will le si Consigness risk and subject to Terms and Conditions of Storage at Holt's Wharf. The Cargo will be ready for Delivery from Godown on and after 7th November.
Optional Cargo will not be landed here Notice has been given prior to Steamer's arrival, bat carried on from
unless
port to port to the final port of call to
the option extends.
All broken, chafod and damaged Gooda are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 x, and Noow within the Free Store will be admitted after the
period. Good bare left the Steamer'a Godowa, and all Goods remaining undelivered after the 14th November, will be subject ta Bant
All Claims against the Steamer must be presented to the Underrigued on dr bofore the 27th Nov., 1832, or they will not be recognised.
No Fire Insurance will be affected
BUTTERFIELD & SWIRE,
Agoats
7th November, 1932,
PRINCE LINE..
NOTICE TO CONSIGNEES,
Fox NEW YORK.
THE Motor Venel
"CHINESE PRINCE =
($752
beving, arrived from the above Port on 4th instant, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowlo Wharf and Godown Company, Limited, Kowloon, and stored at Connguees' risk ́and expense.
All broken, chafed, and damaged Goods are to be left in the Godawns, whare they will bayramined on
Thursday,
15
insiast at 10 am.
All Claims must be presented within Days of the Vengl's arrival hers, after high date they cannot be re
cognized.
No Claims will be vaitted after the Goods have left the flodowns, and all Goode remaining undelivered after e 11th instant will be subinot to Bent.
by
No Fute Insurance bar benn affected. Bills of Lading will be muntarsigned
FURNESS (FAR EAST), LTD.,.
2nd Floor, King's Building, Connaught Roa!.
Telephone 0.28164,
Eong Kong, 4th Nov., 1982,
[2744
CONSIGNEES' NOTICE. THE BEN LINE STEAMERS, LIMITED.
per Cols Vess}
.FROM NEW YORK YA MANILA The first condition, the experts are hereby notified that their Cargo Holt's disebarged into believe, is the restoration of a rea will monable degree of freedom of trade. Wharf, Kowloon, where to will lis at Consignoce risk and subject to The nations should make a detor- mined effort to remove as many of Terms and Conditions of Storage at the existing barriers as possible. Holt's Wharf The Cargo will be for Delivery from Godown on ready The second condition would be a satisfactory solution to the problem and after 9th November. of inter-governmental debts. In the third provision, the central banks of the world would undertake to prevent gold movements from affect- The newly mudified plan as the
ing either the sending or the recojv.
All broken, chafed and damaged foods SUNDAYS & HOLIDAYS heiat price-fixing scheme as back-
ing nations by a system of changars to be left in the Godowns, where they hone, embodying the meriter of the
A report on the new Mersey ing the discount rates or by open ill be examined on any Tuesdays, and ANTWERP, LONDON, FROM
market transactions. SazvNOWAX State management scheme, also con Tunnel, by Sir Thomas White, The latter prevision would of tra) of colonial,rive and the restric- chairman of the Joint Tunnel Com-necessity require careful study and tion cf-plantation. The marimum mitteo, gives details underlying the preparation, it is understood and Goods have left the Vausel's Godown
therefore there be no hurried return 17.15 am, &7.00 am, & and minimam quotations are to buproposed new Parliamentary Bill to the gold standard but a return 16.00 p.m. $7.00 p
either to sell or buy on thcs: bases to provide payment of £1,500,003 through methodical correction of (8,16, 1990. The lowest quotation is to be based excess expenditure on-ventilation existing barriers.
out of tunnel tolls.
LOCAL AND REGULAR OUTWARD MAILM,
Canton
TH
BRANCHE 2.0.
WEEK DAYS,
FUE
From 0.1.0.
FROM SHIKUNGWAN Buaнon P,0.
From G.P.O.
7,16 m. & 16.00 p.m.
7,00 8.00, 7,00p.m.
-1.00 pm-
(7,15 am, & **1.15 p.m.
7.30 A 11.80 p.m.
6,00 p.m..
¡ 1,15 p.
Sundays
10. 8.50. only 8.00 pm
12,000, p.
***
Samehul and Wuchow. (By}}--4.00p.m.—
direct stormer)
Train)
TM O
1.00 p
Bacno & Triu
Jongmoon (except Saturdays) 8.00p.m.
Kankong (orcopt Saturdays).
Batsban and Wuchow (By 7.16 1.m.
Tal ro ere
Shumchun
Choungchow
Aberdeen 'Branles ...
9,00 nm. & 18.00 pm. 1,9,00 km, &
-{ 1,00-p-
1,00pm. & 6.00 p.m.
·4.00pm-
7.15 am.
11,00
9.00 a..
11,00 m. (11,00 Be
£5.00 pm,
·0.00 **** 11.00 8.90 A.,
19.00 %.
Autan Ot
12.30 p.m. 8.800,
Pinguhan, Santia
shai
M
Balkung .. +
·480 p.m
-10.80 #,.
„Namtau, Brokki & Taiping
7:00 y m
-Fumin)
-0.003
1.30.25.
Sundays
Lonly
8.00 p.m.
0.00 p.
7.00 p.m
fixed so as to enable the Government
£1,500,000 EXCESS..
on the cost of production, with due. This brings the total capital consideration to commodity prices expenditure on the undertaking to and other economic factors. It-em-26,500,000. phasises autonomous control, while The report states that in order to nothing definite is fixed ns to the provide £1,500,000 excess expendi control of Korea and Formosaa ture it is desired to increase the 25 rice,
years' period authorised for the cal. When prices drop below the lowest fection of tolls to 40 years, and to official quotation, through bumper limit the ratepayers' contribution crops, there will be a rush of appli to rate of sid. cations for the Government pur All the revenue over £138,000 a chase. Such applications, it is pro-year will form a Loans Equalisa- dicated, will amoune to 30,000,000tion Fund, until it contains about koku, and in order to buy them up, £4,000,000 at the 40th year, 30 pro- Y500,000,000 to Y600,000,000 will be viding an annuity of £128,000 for needed. The Government plan does another 40 years. not make clear the method of rais In order to build sach a fund, tolla will have to reach £150,000 ing the necessary fund.
It is expected that the whole plan per annum. will have to undergo a radical mò-"The yield of tolls can be only dification, and that it will become a matter of judgment the report but a mutilated one, not much dif- continues and the tunnel will ferent from the existing fice control" have to take more trate than is
now carried by Mersey ferries." law.
AMERICAN ORIENTAL FINANCE CORPORATION through its Agent
Asia Lands Limited
Gloucester Building
offers & COMPLETE. BROKERAGE -
SERVICE
in
NEW YORK STOCKS Fall and Odd Lots of listed Securities bought and sold for ash or carried on conservative margin,
Phone 28390. Cable: ABLALANDS
the hours of 10.15 am. Fridays betwem and Noor within the Free Storage period, No Claims will be admitted after
and all Goods remaining undelivere after the 16th November, will be subject to Bent
All Claims against the Vossel must be presented to the Undersigned on or before the 28th Nov., 1832 or they will not be recognised.
No Fire Insurance will be effected.
BUTTERFIELD & SWIRE
Agents. 9th November, 1932.
+}
[£764
LOCAL MAPS
Peak District,
Kowloon,
Victoria,
New Territories.
HONGKONG DAILY PRESS.
FROM LEITH, MIDDLESARO,
AND STRAITS.
The Steamship
•
BENORUACHAN.”
formed that all Goods are being NONSIGNEES of Cargo are hereby
Innded at their risk into the hazardons and/or extra baxardous Godowns of the HONG-KORG AND KOWLOON-WHARF, AND GODOWN COMPANY, Lrn, whence and/or from the whares Delivery may be. obtained
No Claims will be admitted after the Goods have left the Godowns, and mil Goods
Goods remaining undelivered after the 14th Nov, will be subject to Ront..
All Claims against the Blogmer muat presented to the Undersigned on or before 28th Nov, or they will not
the
be
be recognised.
All broken,chafed and damaged Goods are to be left in the Godowns, where they will be examined on the 12th Nov, al.10 by Hesare, Goddard
To comp
with the General Bonded Warehouse Regulations consignora 147 must bare a Revenue Officer in atten dance when damaged datiable goods are oxamined,
No Fire Insurance has been vifested.. Bill of Lading will be countersigned by. -- GIBB, LIVINGSTON & 00% LTD,
Agenta
Hong Kong, 7th Nov, 1937...*
F2517
G