1925-03-24 — Page 1

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China Mail

Temperature 65 Barometer 29.88

Rainfall (0.68 "in Humidity: 95

#0#ħ±46+=¤£f-#____ HONGKONG, TUESDAY, MARCH 24, 1925.

BROKERS BUSY DAY. “SURPRISES - NOT UNEXPECTED." 1.0.U.'s PILING UP?

Many People Said to Have Been Caught "Short."

A fenture of to-day's monthly settlement on the stock exchanges was the persistent rumour that certain people have been caught "short."

the

LOST HIS MONEY.

THEN TRIED TO TAKE HIS LIFE

TO BE SAVED IN TIME.

THE DOLLAR

Today's closing rato: 2/3 1/16

Catalogues

ALEX. ROSS & CO.

To-day's opening rate 23; 1/16.

NA), LTD.

日一初月三丑乙水旟 四十國民華中

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MORE NEW BOATS.

Better

Typhoon Weather Facilities.

FERRY SERVICE.

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Loss of money, and clothing through fire was the reason given for the attempted suicide of a

It is anticipated that a five minutes continual service will be run stone mason of the Netherlands by the "Star" Ferries when the two boats now being constructed are Harbour Works, North Point, who the native village when he builds Wood at the Central Magistracyers of the ferry are of course that will follow will have a material him for the job of doorkeeper at was charged before Mr. J. Put on the run.

this morning. This big house."

aware that in the rush hours this effect on the use of the ferry service An amah was rash enough to The defendant was found hang-service is maintained, but a con- und will justify the enterprise of wait at the same corner for aing by his neck at 110a.m. yester-tinus Service of this kind will the Company.

"DURABLE. With the completion of the two former employer to procure a re- day inside a shed where he slept. be an even greater bon. This will commendation to a new situation. The attempt was foiled by a be made possible by the coming bouts in course of constriction, the By laying hunds forcibly on the Indian watchman who was increase in the number of boats or Company will have added for new Work boats comparitively short shafts, she managed to stop a attracted to the spot by the man's the may from five to seven.

on the tiro new bonts is being period of time, considering that none broker's riesha, the busy mangroans.

A superintendent of the compushel shend and the time should were built between 1964 and the having once been her "massah" who had now given up his house pany stated that the ronn come not be far distant when the new advent of the new ixits now.

from Swatow and was an excellent service will come into operation.ning. workman. It was true that the man was depressed after the loss of his property in a fire. Witness was prepared to take him back

replied a broker to a China Mail "Take it as gospel or Action," This reporter this morning. :settlement is very big indeed and 1.0.U.'s are piling up in the various offices,"

"Why should this be so

"Весаиле на reporter qucried, many have sold short, which in plain English means that, they have sold shares which they did not possess, but which they hoped to pick up when the market cameowing to miss having gone "I'm much too busy, dov ( it did not) and they are

come again next week for that raising Cain to find the shares at chit you want." he retorted in the last minute."

answer to her smile and drove off

་

Just at this minute one of the well-known Ice House Street men came walking along with his bowler hat hanging on the back of His head. He was looking ghumly into a sheet of Agures. On his arrival the other broker got rid of the reporter by referring him to the new-comer, who in turn was lost as a client came up with a cheque, the broker rushing off without the gloomy look.

Cements, Electrics; Trams, also Ferries and to a smaller extent China Lights were the shares which occupied most attention. Nearly everybody who was any hody was armed with cheques to be distributed but only a few carried' share scrips and transfer deeds. Quite a number had those little slips which are described as LO.U.'s and are almost recognised as legal terder between members of the same asscciation. . These 1.0.U.'s are to facilitate the trans- nction of business; a lip passes round and round in the course of settlement until it ultimately re- turns to the man who issued it.

One broker condescended to explain the somewhat intricate in Cements. It was believed that a good many had sold short. When they came out to cover, i... to buy and thus make up the quantities they had contracted to sell, the price shot up to $31% for cash. At that stage a number of hold- ers disposed of their shares as they were satisfled. With shares coming out, the market eased off. and this morning shares could be had at $30 for cash, or there- abouts. In spite of the fact that some shares had come out, the "shorts" could not get as much as was required. Apparently, some- thing similar had happened in the case of the other shares re- ferred to.. China Lights had also moved up since Saturday.

·Home.

On an undertaking given by the

FIGURES IN THE WORLD'S NEWS SPOTLIGHT.

Special Value

$11.50

-

The attempts that are being made Opportunity for thorough text of to re-establish peruent railroad these two latest boats has now communication between Hongkongheen presented in the time that and Canton are bound to materialise they have been on the run and the dually and the increase in traffic feeling of safety their easy running and compactness has given has been the object of much" congratulatory comment, Even when with in- fairly fall couplement a rush is | I made for the gangway observere have noted that there is not, the slightest effect upon the balance of the boats."

Raisuli, brigand and rebel leader

Here is the latest photograph of Queen Victoria of Spri nd her lof the Riffs of Morocco, who was daughters, the Infanta Beatriz and Cristina, showing Relajesty reported dead again recently for the

and the Princesses scated on side'sadilled at the furt hunt at "La Venta de In Rubig.****

TOOTI TOOTI

DENSE FOG DELAYS TOURISTS:

OVER TWO HOURS LATE.

Not only have Hongkong residents been inconvenienced by the heavy mist overhanging the Peak and the harbour but incoming ships and a party of Empress of France tourists also been delayed. I'

Afteenth or fortieth time. But. unfortunately for Spain. Raisuli Trefuses to stay dead..

defendant's brother that no fur- ther attempt to commit suicide would be made," the Magistrate ordered the man to sign a bond of $50, with his brother as surety, to be of good behaviour for six months.

BANK CASE,

PRIVY COUNCIL APPEAL.

REFUSED

|

RENTS LAW CASE.

The Nanyang Brothers" case was the basis of Mr. Eldon Potter's argument in the Supreme Court this morning when he appealed against a judgment of Mt. H. H. J. Gompertz In respect of premises in Sai Os street which the Paisne Judge had, held were protected under the Ordinance.

"A" "China Mail" - representative who called this morning, on Mr. F. H. Chapnell, Secretary of the Star Ferry Co., Ltd., and asked if it Was anticipated that the new boats would be able tube kept mumming longer than the old ones typhoon weather, replied that it was impossible to tell itil they had been given a test, hub size and Balance were of little avail when it, came to a strong typhoon. The ferries would be kept running se Jong as was considered safe.

HOTEL THEFTS.

NIGHT WATCHMEN CONVICTED.

Before Mr. S. B. B. McElderry at: the Central Magistracy this morping, two Chinese night watch- men of the Hongkong Hotel were charged, one with the theft of a cigarette case and the other with receiving it knowing it to have been unlawfully' obtained. The defence was that the article was found in a bath room.

The receiver was arrested in a pawnshop by, a Chiness detective following a move to conceal the cigarette case. A confession ex- Mr. Potter held that he had an tracted from him resulted in the even stronger case than that of the Farrast of the other man........ Nanyang Brothers, which had Mr H. White, assistant manager Been a godown and had been held of the Hongkong Hotel, said that not to constitute a domestic tene-a large number of petty thefts

from time Judgment was given this mornment because fokis slept in it at took place

time, and he was glad that the ing against Mr. F. C Jenkin in night.

thieves were caught this time. connection with his application for In this provisional leave to appeal to the

The instructions to the employees Privy Council against an order of

were to hand over all property found to the manager or assistant the Court allowing a re-hearing of the Tai Wo Co. and Bank of Bast

manager. Witness added that the Asia case, to which figure cheques

men would not be taken back. allegedly false.

The Magistrate imposed a fine of

case the offices in question had been occupied for 30 years for the purposes of carrying on

business In connection with the preparation of molasses the manufacture of guany bags and their sale.

to

Their Lordships (Sir

(Sir Henry Eighteen fokis. including a $25 each or in the alternative three

On Sunday, the Canton night. hoat was two or three hours late, Of the half dozen or so brokers Last night, the Kinshan with the approached, all were unanimous party of tourists returning from that surprises would not be un Canton did not get in till after two "expected, but none would commit in the morning when the usual himself, disposing of the inquisi-hour of arrival is before midnight, tive reporter by saying that it was It hs believed that the steamer had too early to say one way or the to slow down through running into other. In the opinion of the a fogbank.

Cowper Gollan and Mr. Justice | salesman slept there and an weeks' hard labour. majority, the volume of business Both this morning and yester Gompertz) held that they could accountant had his meals there.. was very big, and might be equal day, launches on the harbour were, not in this case exercise the dis to the record. Had it not been tooting merrily away picking.out cretionary powers invested in for the large amount of offsetting their course slowly in the maze of them. With regard to the use of a between the brokers, the actual native craft before sunrise.

newspaper extraer by the then value of shares changing hands Incoming ships from the Chief Justice In his notes they would also have been considerable North report either dense held that this did not, de argued by for the month of March. 1925. mist, fog, or

visibility Mr. Jenkin, raise any question of and otherwise unfavourable great general or publicúmport, Yet another broker gave his navigation conditions, but those Mr. Eldon Pouer KC. bad opinion as "With nobody going from the South report good argued against Mr. Jenkin. into figures and intrinsic values weather. Not only did the river but with the market being re-

steamers have a difficult journey gulated by the presence of from Canton, but three or four Jongs' or 'shorty' it is impossible coasting vessels also shared their to tell if shares which are already experience.

considered high will appreciate

even further or whether a slump

will occur. No doubt, the market

is 'jumpy" but nevertheless,

poor

"What Theosophy dees forus"

a healthy tone prevails. This will be the subject of this week's augurs well for the future,"

Fublic Meeting of the Hongkong Interest in the settlement was Lodge. The Theosopical Society by no means confined to brokers, 16, Queen's Road. Central, 10 speculators and investors. Of three street coolies standing out-morrow evening at 5:45 pm. The

Public are invited.

side the corner of the Nether-

lands Bank in Ice House Street, one was posing as the expert for

$40,000 OPIUM-RAID.

ONE ARRESTED MAN DISCHARGED.

Before "Mr., J. R.-Wood at the

Central Magistracy this morning, Chan Kwak Tyan ang Lam Shi Yam were charged on remand in connection with the attempted export of $40,000 worth of optoms

>

on board the ss. Lorenzo,

Chief Preventive Officer S Clarke who prosecuted in the the benefit of the other two fanghai, March, 23 The con-absence of Mr. Lord, Bisted "How easy it is to make a fortune tents of the Kiangnan Arsenal that he had to case against Bap by just running about," he re- are to be put up to auction during Shyam, the first arrest soon after Ahb man was accorde marked to his colleagues by way the week-end The arsenal is to the sea of Introduction": "1

"Those Tram- be open to inspection from the uply Way Co. shares were only, worth 26th to the 28th inst, after which

hids will be received. No tea

$20 or; sq a little time go and decis

without much care for accuracy,

rake disposal

There will be a Musicale at the Helena May Institute on Thursday, March 26, at 5 30 pm. Tea served. from 4.30. Tickets for members and their friends, so cents each, to be obtained from the Secretary,

The Hon. Mr. R. H. Kote wall, who has been absent from business for a week or so through an attack of influenza has now recovered;

HAMMER

DEATH:

The Chinese who was found at Kowloon City Road last week with serious injuries to his head has since died in hospital. It is believed that the man was attacked on the head with a hammer by some persons unknown. Investiga tions are proceeding.

H

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