1929-09-28 — Page 18

China Mail 德臣西報 中國郵報 All

PACKARD.

PLYMOUTH.

CHRYSLER. DE SOTO

Motor Cars.

Sole Agents:

REPUBLIC MOTOR COMPANY

OF CHINATM

30-32, Des Voeux Road C. Tel. C. 1219 and C. 6252.

THE

The

China Mail

BLUE FUNNEL

LINE

REGULAR AND FAST | (PASSENGER SERVICES |

FREIGHT AND

LONDON SERVICE.

** HECTOR"

*

*MENELAUS"

AENEAS"

2nd Oct. M'lles, London R’iam, & Glasgow 15th Oct. M'ifes, London R'dam, & I'burg. 29th Oct. M'lles, London R'dam, & H'burg.

LIVERPOOL SERVICE.

"OANFA"

20th Oct. Gence, Havre, Liverpool, & Glasgow **AUTOLYCUS” 20th Nov. Cenon, Havre, Liverpool, & Glasgow NEW YORK SERVICE.

(with transhipriont at Singapore). Leaves Hongkong

Leaves Singapore

* HECTOE" ચાર ચાર * PYRRHUS" 14th Oct. "AENEAS" 29th Oct. "DALDANUS" 11th Nov,

Hongkong to New York B1 days.

PACIFIC SERVICE.

vis KOBE & YOKOHAMA, TALTITYBIUS ** "IXION"'

Arrives New York

21st. Nov. 19th Dec,

-5th Oct, Victoria, Vancouver & Seattle 26th Oct. Victoria, Vancouver à Seattle

INWARD SERVICE.

"ATREUS " Dus 20th Sept. For Shanghai, Moj), Kobe & Yokohama "PERSEUS.” Due 8th Oct. For Shanghai, Moji, Kobe & Yokoham "AUTOMEDON" Due 9th Oot. For Shanghai, Moji, Koba & Yakobama PASSENGER SERVICE.

*** HECTOR"

"AENDAS"

2nd Oct. Singapore, Marseilles & London

29th Oct. Singapore, Marseillos & London

Hails at daylight

Also cargo steamers with limited passenger accommodation at specially

reduced faces.

For freight, passage rates and information apply to

Butterfield & Swire,

Agents.

POST OFFICE NOTICE.

RADIO NOTICE,

The Radio Office, where full information cancerning all wire. less services may be obtained at all times, is situated on the ground floor of the P. & O. Building in Des Voeux Road, next to the Gen. eral Post Office.

Individuals and firms are recommended to, register their tele. graphic addresses at the Radio Office. No charge is made for this. List of ships expected to be in wireless communication with Hong Kong (V.P.S.) to-day: Duisburg, Kalyan, Formosa, Cingalese Prince, President Polk, President Taft.

INWARD MAJLS.

From

Fer

Java

SATURDAY, SEPTEMBER 28.

.Tjileboet MONDAY, SEPTEMBER 30. Shanghai and Swatow

Chekiang

Calcutta and Straits

Yuensang

Calcutta and Straits

Manila

Manila

Straits

.Talamba

President Hayes President Jefferson ..Atsuta Maru

Canada (Victoria, B.C., 12th Sept.), U.S.A.

Japan and Shanghai ..

Japan Japan

Japan

Haiphong

Saigon

WEDNESDAY,

THURSDAY,

OCTOBER

OCTOBER

Empress of Russia

4.Burma Maru

2.

St. Albans

3.

...La Plata Maru

For OUTWARD MAILS.

SATURDAY,

Sam Shui and Wuchow

Manila.

Formosa

Per

SEPTEMBER 28.

Canton

Helikon

Tai Hing

President Grant

1.30

p.m.

2.89 p.

4 p.m.

SUNDAY,

City of New Castle SEPTEMBER

4.80 p.m. 5 p.m.

29

8.30 a.m. 9a.m.

Ka Ying:

MONDAY,

Kanchow SEPTEMBER 30;

Hydrangea

9 a.m. a.m.

2.30 p.m.

Toihow, Pakhoi and Haiphong

Manila

Swatow and Bangkok Авюу

Swatow

Japan, Canada, U.S.A., C. & S.

America and Europe via Vic-. toria, B.C.

Manila and Rabaul Shanghai

Limchow

Cingalese

President Jefferson (Due Victoria, B.C., 21st Oct.)

Parcels

Sept. 30, 8 pm. 4.15 p.m. 15 p.m. 4.30 p.m..

Registration.

Letters

Calulu

President Jefferson

Parcels

Sept. 30, 3-p.m.

Registration

.5 p.m.

TUESDAY,

Letters OCTOBER 1

Kuelchow

.6 p.m.

9.30 2.1. 10.30 am.

Wei Hai Wei via Swatow Shanghai and Japan

Atsuta Maru

Buperscribed correspondence only.

Printed and published for the Proprietors, The Newspaper Enterprise Limited, by DAVID CHRISTIAN WIL business manager at Ba, Wyndham Street, Hong Ko

ESTABLISHED

1345

HONG KONG, SATURDAY, SEPTEMBER 28, 1929.

THE HATRY CASE

DEFENDANTS REMANDED ON SILARE CHARGES

FINANCIAL

“CULATIONS

London. Yesterday. ~Before a crowded court at the. Guild- hall, the hearing continued of the leharges against Hatry and his three associates, in connection with financlal speculations.

4 พ

The prosecution stated that Corpora- tion and General Securities, Ltd, of which Hatry was Deputy Chairman, Mr. Daniel Managing Director, Mr. ! Tabor manager, and Mr. Dixon seere

tary issued the City of Wakefield Lear for £750.000,

The issue was fully subscribed in January, after which the authority of

the company to issue a Wakefield

PREMIER TO NARROW ATLANTIC

KING'S MESSAGE

MACDONALD INTERVIEWED ON

DEPARTURE FOR U.S.

MUTUAL UNDERSTANDING

SHARE MARKET

WEEKLY REFLECTIONS AND NOTES

MORE ACTIVITY

Hong Kong. Sept. 28. My Dear Algy. The past week way another active one for the local brokers, and I am glad je notice a revival of confidence amongst them. London. Yesterday.

¡Consequently, forward dealings. The King sent the following mes. though on a cautious scale, are on sage to the Prime Minister: "On the increase. Whilst I wae in the eve of your journey I wish you Shanghai I noticed that the two Ex- God speed: It is a departure that changes published in the daily will be surrounded with good papers particulars of all forward wishes, for it is a contribution to transactions. It would be decided- those happy relations between twoly useful if both the Stock Ex- reat peoples which must be an change and the Sharebrokers Asso- an article of faith among all men of clation adopted a similar practice goodwill,"

here, as, apart from the considera- tion of their duty to the public, it

I think

Mr. MacDonald replied: "With my

Loan coased, but six months later the defendants, who were then hard press- ed for muney committed "a shocking frand" y fabricating script certifi-humble duty to Your Majesty, I am would help materially to stimulate cates for £100.000 of Wakefield Stock, deeply grateful for Your Majesty's interest in local shares. induced Mr. Russell, Chairman of the gracious and kindly thought in any suggestion that tends to revive Porchester Trust, to accept this worth sending me good wishes for the interest and restore confidence in less serip as security for £230,000 journey which indeed I trust, will the stock market, should, în view which the Forchester Trust let the be a fruitful innovation."

of the many lean years the broker- defendants' other company, the Austin Friars Trust, Ltd.

Further

charges would be made against defendants of forging and ut- tering scrip certificates for Corporation stock of Wakefield, Gloucester, and

The Premier also telegraphed ing fraternity have experienced, re- the arrangements made for his visit being a broker myself 1 am not in thanking Mr. Mackenzie King for ceive the serious consideration of the respective associations." Not to Canada.

London, Later.

.

the position to put the suggestion

"I am going off in the hope of before either of these bodies. but Swindon, to amount to at least £900,000 being able to do something to naram hoping the, George will tact-Į

row the Atlantic," the Prime Minis- fully draw then ttention to it. ter told Reuter at Waterloo where Interest in. Le shares of the he received a widly enthusiastic Hong Kong & Shanghai Hotels has send off by the 2.20 p.m., beat train been increasing during the past few to Southampton.

weeks. They have risen steadily

A voluntary statement by Hatry was read admitting the irreglarities, and declaring that he was primarily res ponsible. Neither he nor his co-direc tors personally benefitted, indeed they lost everything themselves.

Defendants were remanded for a week. Bail was refused.--Reuter.

CHINA AND RUSSIA

SOLUTION STILL TO BE FOUND, SAYS DR. WANG

GERMAN REPRESENTATIONS

Nanking, Yesterday. The Ministry for Foreign Affairs has been officially advised that the German Consul-General at Vladi- vostock has been ordered to proceed to Blagovestchensk and Khabarovsk to investigate the conditions there.

Dr. C. T. Wang in a statement says a solution of the Sino-Soviet controversy has still to be devised. Mr. Chiang Tso-ping is expected from Geneva to-day, and will carry on negotiations with the Soviet representative there.--Reuter.

MR. FAN KI-MO

FINANCE OFFICIAL RESUMES POST

TEMPORARY ARRANGEMENT

Canton, Yesterday, Mr. Fan Ki-mo, Commissioner of Finance and Special Officer for the Finance Ministry, while in the capital, tendered his resignation to the latter

pest, which was accepted: but recently, the Ministry being unable to find a suitable person to all the post, it has cabled Mr. Fan to resume the post until a successor has been appointed. It is understood that Mr. Fan has temporarily acceded to the request of the MinistryCanton News Agency.

SCALDING FATALITY-

Yesterday Li Sze, of No. 18, Yen Chow-street. Shamshuipo, re- ported to the Palice a very unfor- tunate accident that befell her young daughter. She states that the girl (nine years of age), in lifting a pot of boiling water, accidentally fell and scalded herself very severely.

Mr. MacDonald re-emphasised from $3.40 to $9% cash, and many that he did not expect that his forward transactions have been stay in Washington would lead to concluded in them. Persistent spectacular developments as result rumours are current that a dividend of the continued negotiations. Ile will be paid for this year's working. pointed out that before any pro- and perhaps it is not out of place gress in naval disartament was to quote that part of the Chair possible, it was necessary that both man's speech, at the last annual Washington and London should de- meeting, touching upon the subject: vise a means of terminating the deadlock between them, which had much wanted to see Mr. Hoover and arisen at Geneva in 1927. He very

there was so much work, apart from other American public men, as the direction of naval disarmament, to be done in co-operation, for which а mutual

"With the opening of the Penin- sula Hotel heavy capital payments cense, and the cash revenue of the Company being cor.siderable, material reduction in the indebted. ness to our bankers should not be a matter of great difficulty. Con- sequently, I have every hope that the Company will revert to a divi- dend-distributing basis in the near

future." understanding and confidence were essential. Reuter.

There are, however, many holding the opinion that payment of a dividend will not be possible until HELD BY BANDITS daced by sale of some property or the overdraft is substantially re-

TEN DAYS' ULTIMATUM FOR RELEASE OF CAPTIVES

RANSOM DEMANDED

Canton, Yesterday.

K

other, but the above extract of the Chairman's speech should convince you that this is unnecessary. Fur- thermore, the present overdraft- staggering though it may be-is not: really large in consideration of the present day valuation of the entire With regard to the foreign mis- assets of the Company. There is sionaries, Messrs. Fischle, Walter some talk of the likelihood of the and Kilper, held for ransom by the sale of the motoring section of the bandits in Mei Yuan district, our Company, but this is not very clear correspondent was informed by to me. However, I shall endeavour. Mr. Yeeshing Tao, the Provincial to obtain more news thereanent for Foreign Commissioner, that he was my next letter. in receipt of a despatch from Com-

Hong Kong & Kowloon Wharf mander-in-Chief Chan Chai-tong. a shares have risen to $140, and few days ago, in which it was stated The reason for the rise is that the shares are apparently very scarce. that orders had been offers in command Yuan district giving them ten days struction

of the Mei Company is embarking on a scheme of development involving the eon- to effect the release of the mis-

colossal concrete piers sionaries. Canton News Agency.

and thoroughly modern godowns. Sanction has been ob- tained for the construction, early. next year, of one pier which will be 150 feet longer than any e lating pier in the Colony and which will be capable of accommodating the largest ocean-going vessels that may visit the Colony. The Com pany is to be commended for its progressive polivy, and deserve the wholehearted support of the entire community.

sent to the

NEW MINISTERS

TO PRESENT CREDENTIALS TO

PRESIDENT

SWEDEN AND JAPAN

Nanking, Yesterday. The Swedish: Minister, Mr. Hultman, will present his creden tials to Chiang Kai-shek on Sep- The girl was at once removed totember 30, and Mr. Saburl, the new the Kwong Wah Hospital, where Japanese Minister, will do likewise she died at 4 pm.

on October 7--Reuter,

TO-DAY ONLY

Daily at 2.30, 5,20, 7.15 & 9.15 p.m.

THE SUPERB GERMAN FILM

THE

EMDEN

A RECORD OF THE

ATS OF THE FAMOUS GERMAN CRUISER ANDER FINAL BATTLE WITH HMAS "SYDNEY.”.

MAJESTIC

Nathan Road Kowloon.

of

The threatened competition in Kowloon has produced some benefit to Kowloon residents, as evidenced. by the advertisement of the China Light & Power Co. Ltd. announcing that, as from the 1st proximo, the rates will be reduced for Lighting & Power to 13 cents and 7 cents per unit, respectively. This will be welcome news to all residents of the Peninsula. The reduced rates! are still above those ruling on the Island, and I fail to comprehend any reason for the difference, especially after hearing that the

"OVERLAND CHINA MAIL

SEND IT HOME !

THE WEEK'S NEWS

25. cts.

ILLUSTRATED,

25 ets.

· ELEANOR BOARDMAN IN SHE GOES TO WAR"

AT THE

QUEEN'S

FINAL SHOWINGS TO-DAY At 2.30, 5.10, 7.15 & 9.20.

BLUE SKIES

With H en Twelvetrees and Frank Albertson in Drama of

а Love' `unusual charm.

AT THE

WORLD

FINAL SHOWINGS TO-DAY Continuous Performance From 1.15 to 11.15.

Sue Carol and Nick Stuart in a story of Modern Youth and Its Fling!

GIRLS GONE WILD

MAT THE

STAR

PRZEDNIED SY WILLIAM

FOX

FINAL SHOWINGS TO-DAY-

AT 2.30, -5.30 & 9.20.

Its Your Move

A BAYER

R

to avail yourself of an effectual cure for headache, toothache, Rheumatism, Pain in joints and limbs, Gout, Chill. Neuralgia, etc., elc., by taking

Bayer

ASPIRIN

company intend increasing the divi-writing sellers predominate at This is particularly gratifying in

derd. Any increase of dividend at $124.

view of the fact that shareholders' this juncture shoul? e strongly de-} Hong Kong Electric shares are sanction was obtained for an ex- precated in view of, (1), the still popular and bus were not penditure not exceeding $3,500,000. enormous figure the already an-found lacking at $64. There are More dealings are noticeable in nounced reductions will absorb out many who think this price cheap as, these shares which were placed at of next year's profits; (2), the apart from the points referred to 89.80 cash. necessity of further reductions of in my last letter, the 'Company iar As from the 1st October the Hong consumers' charges; (3), Impending very efficiently managed and is ex Kong Tramway Co. will be operat- developments; (4), the threatened pected to produce another splendid ing buses from Blake Pior via competition of the Hong Kong balance sheet at the end of the Pedder Street. Des Voeux Road Electric Co.; and, (5), the entire year. Meanwhile, the Company's Central and Queen's Road East to lack of any reserve funds. The application to operate in Kowloop Taikoo Docka. I expected Its ad- necesalty of building up reserve is still under consideration.

vertisement to this effect to give funds for a Company of this mag-understand the Green Islanda fillip to its shares in the market, nitude is too obvious to need com Cement Co. have entered into a con- but they remained around $18.20 ment from me. The market for tract for the purchase and installa with sales reported at $18.80. these shares are still subject to tion of the new machinery at Hok

Yours, Etc.. fluctuations, and at the moment of Up at a total cost of $2,600,000.

BILLY BULL.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.