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Queen's Bldg, Tel. C. 1030.
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A splendid, opportunity for the chudren to see -motion- pictures one of the greatest stories ever,
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Prices
Children, 30 cts to any part of the theatre. Adults, Usual Matinee Prices
THE CHINA MAIL,
HONG KONG BANK
NOT SERIOUSLY AFFECTED BY CHINESE POLITICS
MONEY AND SHARES
TO-DAY'S QUOTATIONS
On Loudon Bank; wire
A HOME VIEW
1/11 % "Frank Simmery," in his weekly Bank, on demand....1/11 3/15 column in the "Financial News," of ad-Bank, 30 days' sight' vice to the investor; who thinks about Bank, 4 months' sight 1/11%
4 months! safety first, and yield and appreciation Credits,
*sight
sight
On Paris on demand Credits, 4
sight
in the second place only, says this of the Hong Kong and Shanghai Bank:-Documentary 4 months'
Conditions in China have) I think, been a good deal misunderstood. It is true that the country is still going rough a period of great political un- certainty, but that uncertainty has not had a proportionate Tect on the coun try's trade. On the other hand, the prices of Chinese loans and the shares of companies operating in the country have been affected.
On demand
The shares of the Hong Kong and Credits, 60 days' sight 481⁄2 Shanghai Banking Cerporation appear | On Bombay-
T.T. on London T.T. on Shanghai
Banks
H.K. Bank H.K. London Reg.
Chartered Bank Mercantile A. & R. Mercantile C. P. & O. Bank Bank of East Asia
1/11 % .82%
1
.81234 x div.
£1251⁄2 n : [Cam div. 419 b ..£323⁄4. n
£15 ni £94 n .$90% D
2/- 6
2/- 4
Insurances
11974
months'
1272/2
On Berlin-
On New York-
On demand
46%
Union Insurance Union Insurance North China Insurance Yangtze Insurance China Underwriters China Fire Insurance H.K. Fire Insurance
.$6.30 n
.$326 b
.T160 b
.M$50 n
.$2 &
.$310 b
.$770 n
Shipping
Douglases
$271⁄2 n
12934
H.K. Steamboats
.$249
1291⁄2
H.K. Tugs & Lighters
On Calcutta-
Indo-Chinas (Pref.)
.$471⁄2 b
Wire On demand
129
Indo-Chinas (Def.).
.$70 n
129
Shell Transports (old)
02/6 n
On
On Singapore demand
Shell Transports (new)
29%
Union Waterboats
$22 s
On Manila-
Mining
On
demand
94
Bengueta
$3.10 b
Kailan Mining Ad.
.63/6 n
82
Langkats (comb.)
T16 a
Langkats (single)
.T9% b
Shanghai Explorations
...T2 s
Shanghai Loans
,T41⁄4 n
999
Raubs
.$82.b
Tronoh Mines
..21/b
On Shanghai On demand 30 day's sight (private
paper)
to me a case in point. In 1925 the Wire shares stood at £151, whereas now they On demand are around £184, at which prices the yield is about 6 per cent. The Issued and paid-up capital of the Hong Kong Bank is $20,000,000, the présent · ex- change rate being about 2s. 5d, to the Shanghai tael. The shares are of $125 debominations fully paid, which is the equivalent of around £15 per share. Since the capital was increased to $20,000,000 in 1921, the bank has paid annual dividends amounting to 28 per share, viz, an interim of £3, u final of £3 and a bonus of $2, During the same period prost have not shown any On demand undue fluctuations. In 1922 net pro- fits were shown at $12,932,404, white Gold Leaf; 100 fine in 1927 (= year in which conditions in China were by no means satisfactory) Sovereigns (Bank's the record profit of $14,239,288 was buying rate) made. For 1928 the amount was Silver (per oz.) $13,430.081
Bar Silver in Hong
Kong Copper Cash Copper Cents
The finances of the corporation are, of course extremely strong. It is true that the main business of the corpora tion is connected with China, but the profit record over the last seven years shows sufficiently well that the com- pany's interests were not seriously in terfered with by political conditiona.
"SWEATING"
GIRLS FINED WHEN THEY
FAINTED
The Sensational Committee in- quiring into the strikes in the
On Yokohama→→
(per tael)
Docks, Wharves, Godowns, &c.
ILK. & K. Wharves $1271⁄2 b
H.K. & W. Docks
...$821⁄2 b
China Providents...$4.20 b. 4.35 s
10.00
24 5/16
Hongkews
2% dis. Nominal 3% Prem.
New Engineerings
Shanghai Docks
Rate of Native In-
terest
7% p.8. Chinese Sub. Coin. 32%% dis. Hong Kong Sub. Coin Par.
#
FACT AND FICTION
A JUDGE AND A NOVELIST ON CRIME
MR. MASON'S LAMENT
Southern textile mills heard har rowing stories of the conditions
Lord Darling's long experience in which have caused the workers to the criminal courts has confirmed his revolt.
belief that there are people who, apart Workers told of literal. "sweat-altogether from the gains of wrong ing," with humidifiers fillingdoing, take pleasure in crime for its rooms with steam to offset the own sake. Happily he believes quite aridity of the temperature, of as strongly that there are people who girls on miserable wages fined if are not in the least likely to be tempt they fainted at work or if they Club on "Crime in fact," Lord Darling ed to crime. Speaking at the Forum stopped to powder their noses; of said he had aways doubted the truth conditions so generally unbearable of Richard Baxter's comment on see that employees struck even before ing a criminal pass by:-"There but attempts were made to form them for the grace of God goes Richard into Unions.
Baxter." Those who read. Baxter's life must feel that nothing could have put him into that position...
never
The most striking witness was Martha Bowen, who had before been outside Tennessee.
Mr. Thomas McMahon, of the Textile Union, toki
the Senators that conditions in Carolina were poverty than do a dishonourable action. even worse than Tennessee.
"COUNTESS'S" PRESENTS
EMPLOYERS JEWELS FOR A DANCER
1
you had to do
There are lots of people." said Lord Darling, "who would rather die of star- vation than steal, many poor people who would rather live in
extreme
And there are people much wealthier thân I should care to be who cannot keep their hands front picking and stealing or their tongues from sland- er; people who will seek opportunities for doing evil things that afford them definite satisfaction. Other people are not to blame when these men go wrong, nor are they to be praised when the good men go right."
fer.
T175 n
.T74 n
.T133 b
Cotton Mills Ewo Cottons 15.35 b 15.40/.60 sa Oriental Cottons
T2.80 b Shanghai Cottons (old) ....T81 b Shanghai Cottons. (new) ..T461⁄2 b Lands, Hotels & Buildings H.K. & S. Hotels
.$8.85 b H.K. Lands
Shanghai Lands Humphreys Estates H.K. Realties HK. Territorinis Prince's Buildings
.359 b 60 s
.T.147 b
.$13 b .$8.15 b
Public Utilities
H.K. Tramways Peak Trams (old) Peak Trams (new) Star Ferries China Lights (comb.) China Lights (old) China Lights (new) China Lights 1928 issue. H.K. Electrics (old)
H.K. Electrics (new) Macao Electrics H.K. Telephones (China Buses ..
Singapore Tractioną Singapore Pref. Sandakan Lts.
Industrials
Chine Sugars. Malabon Sugars Canton Ices Cements (comb.) Cements (old) Cements (new)
H.K. Ropes (old). H.K. Repos (new) United Asbestos
Stores, &c. Dairy Farms Watsons Dez A. Wings Lane Crawfords
Mackintoshs
TUESDAY, AUGUST 6, 1929.
RAINCOATS
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BATH SALTS
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Queen's Dispensary
.$18% 3 $11.80 n
$6.05 ¤
.$64 n
Pharmaceutical Chemists
-$13 b $13.10 b
$56 b
[56/55% sa
Miscellaneous
ILK. Amusements
H.K Constructions
$26 D
.$7 T14 b .11/- s
.20/- b .$234 B
.95 ets. n :$27 n ...$2 n
.39:20 s .$7.70 b .$1.40 D .87 é
..35 b
.$1934 n .$11.90 n
.80 cts. n
.$13⁄4 n
$18 b
.$12 b
.$24's
$26 b
...$1.55 b B. Ind. G. Bonds .84% u ILK. Govt. Loans....7% b prem, Chinese Estates
.$99 B
"The Countess of Granados." in reality
maidservant, named Gabrielle Bernard, has been con It was useless to say that some of demned in Paris to six months these criminals who loved crime must imprisonment, with the benefit of because they were criminals be pitied, the First Offenders' Act. coddled, and endowed with rest homes. Gabrielle, it
Sinceres was alleged, made The people who were inclined to crime presents of her employers' jewels and enjoyed it should be made to suf-
WI.. Powells to a professional dancer, named als organisations, gangs who possess "There are professional crimin- Carlos Alini.
Alini, who was als0 motorcars and lead lives of luxury, and put in the dock, protested that he in some parts of the world there are, accepted the gifts in good faith. more of them than in others." ""How," asked the Judge, "could
The Root of the Law you imagine that
Lord Darling nade interesting ex- with a Countéss?” He replied:cursion back to the days of our The cloakroom lady assured me aboriginal British ancestors to show she was. Carlos's sentence was where the national law with regard to six months, without any benefit. criminals took root. He said the truth enunciated in philosophical terms by Jeremy Bentham, that criminal act must punished or have a widespread disastrous effect on the life of the community had been realised centuries ago by the common sense of the people and penalties exacted for crimes of New examples of the law's in theft or violence. The English system of administering justice was, he believ- dulgent attitude to victims of theed, the best system that existed in the steal a car he must use it to rescue thei Paris flat famine have recently world.....
FLAT FAMINE
PRINCESS & FAMOUS ACTRESS IN COURT
been given in a case in which
Lord Darling turned to the theory Mlle. Spinelli, the actress, applied put forward by men who described for a writ of ejection against one themselves as expert psycholoists or of the tenanta in a block of flats, psychiatrists, that in certam circam-
complained that the writer of fiction heard Lord Darling he had believed could never overtake fact. Till he
that criminal gangs
were an inven- tion of the novelists. In novels kill-| ing was always a crime. No writer would dare to take Lord Darling's. view, that to drive off with another man's moter-car was not necessarily a crime. If the hero were allowed to
heroine He would be trapped by the The car gang and perhaps tortured. would be driven off by them to some remote place and its discovery would lead to the discovery and capture of
No novelist a week ago would have dared to write, a story about a lion getting into a field near Lyme Regis, attacking a cow, and being shot by three farmers. Readers would have said it was absurd. Now they would Bay How true to life,' which shows that the novelist cannot overtake fic
which she owns. The court would stanger the accused were not responsi- the gunigoly and capture of not grant it before, July 16. The ble for their actions. This theory was tenant, the Princess Colloredo making headway in some other coun- Mansfield, who is herself a house-tries where, if a case were sensational owner, was allowed to remain till enough, large funds would be raised to provide this defence. Under Eng then, on pleading that she was lish law a person to be found guilty unable to eject her own tenants. must be proved to have been in posses
sion of his faculties, when the crime. WAREHOUSE FIRE was committed. Psychologists and ton
psychiatrists now pleaded successfully.
Mr. Mason told of a story he had in some countries that the criminal based on the newspaper report of a might be automaton. Lord Darling strange sucido, Ho made his story referred to a brutal case that had stranger still, but in the short time come before him when this theory Was
that elapsed between finishing his advanced. The Acensed had murdered story and its publication his version An outbreak of fire at the large woole man and wife thu thair two chil had happened in real life. He gave a warcheuse in Limehouse of Mesers, dren. The motive for the first mur-
very interesting account of two inci- Brown and Eagle resulted in the deeder was theft and fear of discovery in the East End of Londen, that gave dents one of them in France, the other. truction of the building. O was the motive for the others A
him the idea for his detective novel "At
LIMEHOUSE BUILDING
DESTROYED
London, July 29.
A number of other buildings in the psychologist had tried to prove that the the Villa Rose," but it was clear to the vicinity were seriously threatened but accused was a man of excellent charac the efforts of the Fire Brigades savetter and motivo, and that when he com- them from being sat alight—"Singa-mitted the murder he had been in the Bore Free Preas.”
condition of an automaton.
OLD TAYLOR
AGED BY TIME
Crinie i Fiction "I do not think there is much an getonid Darling that such a theory will ever find much encourage ment from the Judges of the King's Bench
MAE. W. Mason, who followed with a discourse on Crime in Fetion, "
audience that only Mr. Mason could sockilfully have woven those incl- denge into an elaborate thriller...
While a party of eight negro wo men was crossing the Johnson River at Beaufort South, Carolina, in a beat, one of them stood up, causing the craft to overturn. All were drowned.
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