1930-01-08 — Page 8

Pamela

13, Queen's Rd. C.

next to St. Francis Hetel

NOVELTIES.

UMBRELLAS & SUNSHADES

HAND BAGS

POWDER BOWLS

CIGARETTE CASES & HOLDERS ORNAMENTS POWDER BRUSHES

SILK HOSE

BED SNUGS

SCARFS ETC. ETC.

JUST RECEIVED

TWO NEW RECORDS

B-3176

B-3202

by

GRACIE FIELDS

That's how I feel about you Thoughts of you

Oh Maggie, what have you been up to? I've got a man

Also a number of other interesting

H.M.V." Records by

Walter Glynne

Peter Dawson'

Wish Wynne

. Paul Robeson

Reginald- Foort

Arthur Meale

etc, etc, etc.

-

S. MOUTRIE & CO., LTD.

(Victor Distributora),

Chater Road.

G. FALCONER & CO., (HONG KONG) LTD WATCHMAKERS & JEWELLERS DIAMOND MERCHANTS. Union Building (Opposite G.P.O.)

Agents for:- ADMIRALTY CHARTS, ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacturers. High Class English Jewellery.

NEW SILK STORE

JUST OPENED.

OPENING SALE NOW ON SPECIAL BARGAINS

IN

Best Quality Crepe De Chine (Double Width) All Colours at $2.25 Best Quality Crepe De Chine (Single Width) All Colours at $1.85. Best Quality Spun Crepe (Single Width) All Colours at $1.60. Best Quality Georgette Crepe (Double Width) All Colems at $1.30. Best Quality Fuji Silk All Colours at 75 cts. a yard. Crepe De Chine Emb'd Underwear Sets (3 pcs.) at $15.00. Crepe De Chine Emb'd Ryjamas (Ladies') at $7.50.

Best Quality Silk Shirts at $3:00.

Best Quality Silk Pyjamas (Men's) at $6.00.

MANY OTHER BARGAINS

TAJMAHAL SILK STORE

...

5, FLOWEK STREET (Opposite “China Mail”),

Tel. C. 6186..

3-IN-ONE OIL

three

an oil compound, light, pene

absolutely pure” with

functions.

every light mechanism." sans and polishes all war-

and vineered surfaces. vents Tuet and tarnish in in and climate, no

THE CHINA

MAIL.

COMPULSORY MOTOR The insurance companies have pug- WORLD COAL-MINING|

INSURANCE

POSITION REVIEWED: ARE COMPANIES STIFLING DEMAND?

TRANSPORT COMMISSION

gested that if everybody is to be Insured the rates must be consider- | ably increased, but it fa a littl difficult to follow their argument

through to its conclusion.

If a large number of motor- owners are uninsured, then thei danger to the public is surely cor- Įsiderable and sufficient to warrant

INDUSTRY

WEDNESDAY, JANUARY 8, 1930.

The New ́SCENIC ROUTE

Through Nature's Wonderland-

The Canadian Rockies

Cross Canada from Vancouver by the route of the loweat altitude and easiest gradient of any transcon- tinental line. Yet sed the highest Canadian Rocky peaks and the rugged wonders of Jasper National Park. A trip of luxury and thrilla Dally flattei trains, radio-equipped De Luxe dining car service moderately priced. For rates, literature and information apply

Asiatic Building, Hong Kong.

-observasion CREE

CANADIAN NATIONAL

The Largest Railway System in North America (SEPARATE AND DISTINCT FROM CANADIAN PACIFIC RAILWAY)

HONG KONG STOCK EXCHANGE.

Opening Daily Official Quotations 8th January, 1930,

Buy Foll

STOCK

ers

ons

Vin. Sales Nome inded

WHEN

DIVIDEND

PAID

CONFERENCE ATTEMPTS TO SECURE SOLUTION

HOURS OF LABOUR

For some time past there has compulsory insurance, whilst if the

Rugby, Yesterday. beon a vigorous demand by a loud-number of uninsured motorlats is At Geneva yesterday a preparatory voiced section of the press that all small (which appears to be likely) technical conference on conditions in motorists should be compelled to it is surely reasonable to assume the coal-mining industry, which aims Insure against accidents to others that the compulsory Insurance of at securing an international solution on the road-third parties, as they this small minority is not going to of certain of the industry's more criti-i ara 'called.

The trouble has arisen add very much to the total claims enl problems was opened by Mr. W. R. from numerous cases. which have cost over the whole business, It is Smith, Parliamentary Secretary to the Board of Trade, being elected presi occurred when injuries have been not fair to assume that everyone dent:' sustained by members of the public who is now uninsured is a bad risk,

The day's proceedings were devoted due to Careless driving, and the since ona's experience-ahows that to general statements by the represon- Injured parties have found, when the bad risks almost invariably tatives of the nine European coal-pro- they put forward a just claim for want insurance and usually get it,ducing States taking part in the conf- damages, that the motorist was up- whilst the uninsured class probably ference. Sir Sydney Chapman said able to meet the claim because ho consists almost entirely of people that the British Government heartily Was neither insured nor anancially who have bought, out of their welcomed a convention on hours of la- able to meet it himself.

limited resources, a second-hand bour in the coal-mining industry, and The demand for compulsory In-motor-cycle or an ancient ear, and would welcome if possible one also on surance received considerable sup find that the annual cost of insur-ages and conditions of work,

The British Government was in ayrı- port from the proceedings of the ance is almost as much as the costpathy with all attempts to standardiac Royal Commission on Transport, of the motor-cycle or car, This labour conditions when circumstances which issued a first report two class of motor-owner cannot afford were ripe for such standardisation. He months ago. After summarizing to pay, even the normal premiums hoped that the question of wages and the evidence for and against, the and the effect of making insurance conditions of labour would be careful- report says that the Commission compulsory would be to keep them ly explored.

On the matter of hours of work he have carefully considered all the off the road until they could afford objections raised, and, while re not only to buy a machine but to was fully convinced that with a little patience, open-mindedness and doter-; cognizing its limited scope and ful-insure it. It does not follow that mination, a convention on that ques ly admitting the practical difficul this class of owner is in greater tion would be possible-British Wire- ties in the way, they think that the danger of accidents than theless Service. case for compulsory third-party general body of insured motorists risk insurance is so strong that au but it does follow that if a person attempt must be made to deal with cannot afford to pay Insurance pre-

mium he certainly cannot afford to "Her voice was ever soft, They make two preliminary re-meet any third-party claim which gentle, and low; an excellent Bank of Asia....... commendations: (1) That the hold may be made against him.

thing in a woman." Thus ing of an insurance policy should One cannot help feeling that in Shakespeare immortalised a voice be a condition precedent to opposing the suggestions of the and a woman. He, however, was Canton To vehicle being licensed, not à condi- Royal Commission the insurance not the only poet who was enrap-Union Ins...... tion required for obtaining a companies are once again trying to tured with a voice, nor, indeed, China Underwriters..$ driver's licence; and (2) that all stiffe demand rather than to find have poets any monopoly of ad- that is required is that there should ways and means of meeting. It miration.

China Fire Ins$1920 be insurance against damage to life This is no new attitude, but it is and limb (that is, in the case of fatal accidents and accidents" in volving bodily injury), and that

good Insurance against damage to pro mand is backed up by the Govern- news for the Hong Kong branch Douglass.......... perty is unnecessary for the par ment. It can hardly be the desire of the English Association! The H. K. Starboats ... ticular object they have in view of anybody concerned, whether it advent of talking pictures gave Indo-China (Pret.). It would reduce the cost and also be the Government, the insurance more than a few an excuse

(Def....$ simplify sdministration if all that companies, or the public, that to feel shocked at the harshness) was required was a receipt show-motor-car insurance should become of what we call the average ing that the applicant had insured a form of State Insurance. The American woman's voice, and Union Waterboats....$8 against damage to the life and limb Insurance companies have the whole prejudice against voices extends of a third party. The Commission of the machinery for dealing with everywhere. The French are too also make the following proposals: the business, and in particular for (1.) Every owner of a motor- handilag clalms in full working vehicle should be required to in order, and from every point of view sure against his legal liability to it is desirable that this machinery pay damages on account of tho should continue to operate. death of or personal injury $0. any person sustained in connee tion with the use of a motor

It.

vehicle.

(i) For the purpose of the proposed scheme any person in charge of the vehicle at the timo of the accident, and who has been authorized by the owner to drive it, shall be deemed to be the

owner.

(iii) Any person applying for a licence for a vehicle must pro dace a receipt from an authorized Insurance company showing that he is insured against third-parts rieks involving death or bodily damage, such policy to run for the period for which the licence is current.

SWEET OF VOICE

-Banki

Hong Kong Bank .... Chartered Bank ....... Mercantile Bk., A.

1808 12001905) Dec. ... 15

291

C.

15

Doc.

три

M

Insurances,

$995

307

We are hearing again that H. K. Fire Ins......$ 810 an attitude which, the companies English voices, especially the will no doubt decide is not one to voices of English women, are the

be pursued too for when the de-sweetest in the world ---

Shipping.

201

Interim taje 1993

01. 1/11-201.18

Deo. laterim 7-ale 1990" Dee.at. / 1020 loss

free Taxp

($) and bonus $2

making $5 for 1999.

Aug. 6,190 Sept. -90

Tax... Oot, --- 99

Feb. 18, 29

Dec. interio Bid/c 1998)

[Vinal, # for 1017) 10 May 93, 19

Doc.in 20 fur 19... May 24. 29 °

lintezion i7, LỬA 10A

Dec. None

(Final 25 konus $6)

for 17...........? ➡#18... May. 24, 99 Interim

Dea. $15 for 197

af

Dey.

Deo. Last dividend for 1034

for 19

25

Dec.

49

Dec.

"

170

Shell Transports ....5/-

1- 98/10 Deo,

Dec.

Minlog.

metallic, we say; the Germans Bengurai. $4.70 disagreeably guttural; the

Kailan Mining Ad. 1/- Spanish hoarse, and so on.

Scottish voices some prefer to Langkat (Comb.).Th. (Single),Tis. English, and like and dislike can

S'hai Exploration...Tls.

A conference is to be held revel almost unendingly, among at the Ministry of Transport, the dialects of our islands. Per

w

Loans .........TIs.

Tronoh Mines ........

Docks, Wharves, Godowns, &c.

H. K. & K. Wharva. $ 14

H. K. & W. Dock...$

Doc.

Mar. 20.29

Feb. 19, 29

₤18%. ex. 21-t on preferred? Juce 19, 99

for 1914 and 1955 m)

Istridend for 1025 y

Cuayon No. 8 tres Jan. 6, 80

31.25 and bonus 25. making Jan. 81, 99

$1.50 for 1998

(Interim centavos |

making 15 centare/o 109 Dec. Fire Tax

19

55 Juncoupon 15 for 77, 50-om) Dos. - 29

10.00

OeLLaal is, for year 31-10-27.....

1.30 Dec. Jona

***

5

Doc. Last dividend fue 1920...........

Max. Interim 3/3 ale rave 31-50 Doc. 19, 20

145

.30

Meanwhile, we fall back upon the position that the sweetest of China Provident.....$6.40 5.05 all voices, in man or woman, la Hongkews.$ that which never "crams words N. Engineerings ...Tle. into mine ears, against the

Shanghai Docka ...Tls. stomach of my sense."

Cotton Mills,

at Deo. 43. Inns tax Coupon No. 1... Sep. 30, 29

*** 100

Doc.13 making 993 | Mar, 7, 29 Dea. Last dividend for 1964MRIN Dre. Erat dividend for 1921...ers

Doc. Inter T. 3 a/c 1979..... Sop, 19, 29 Dec. Tad niimary for 1985........

Mar. 15, 29

(T. 1.00 for 5. ending to--as) July 27,50

Motura Tla za

Oct. 25, 29

Dac. Interim T. 0,40 / 1000 Aug. 28, 29 Apr

103

•

ww

***

Apr.

to which representatives of thehaps we cannot get away from Raubs.............................$ (12) Insuranca offices and other interest-national prejudice, and it is pretty ad parties have been invited. This often the case that the type of conference will consider a draft voice which compels sincere ad- scheme already formulated by the miration is that which is most Ministry as the basis of a bill to commonly to be found near one's be introduced to Parliament at the birthplace. earliest opportunity. The scheme provides for the carrying out of the recommendations of the Royal Commission on the lines detailed above. It suggests that uninsured motorists shall be liable, on convie tion, to a fine not exceeding £50 and to imprisonment for a term not

Guest: "You look upset, Mr. Ewo Coltons ........" exceeding three months, and shall, MacTosh. What's the matter?” in addition, bo disqualified for

MacT.: "When I gave that Shai Cotton (old)..TI. S holding a driver's licence for a gentleman his bill just now

(new),,Tis, he (iv.) That for the purposes of period of not less than twelve called me a barefaced robber." ((IL) companies? prepared to months.

In addition, the draft Guest: "Never mind, he was undertake this risk should apply scheme provides that only such probably too indignant to notica to be registered by the Board of

companies or underwriters 4.8 your whiskers." Trade, and it approved should be satisfy the authorities of their placed on a panel by the Board.

financial security shall be entitled (v.) If the vehicle is sold er to transact third party motor in- otherwise passes into new owner surance, and that these companies. ship, the registration of the shall issue, in addition to their vehicle will not be transferred to ordinary policy, a certificate of in- the new owner until the registra aurance which has apparently to be tion authority is satisfied that produced on demand just like a the new owner has taken out a driving licence.

vehicle.

to

EXCHANGES

TO-DAY'S QUOTATIONS

On London-

4

ཋ;ཡོ;

Zoong Sings...TI1. (10

Landr, Hotels & Balldings.

H.K. & S. Hotels ...$ (12.19 H. K. Lande$10 Shanghai Lands .... Humphreys

H. K. Realties.......$ Chinese Estates......

Public Utilities.

H. X. Tramways....$

[10]

(1600)

And

154

46 new) 21-10-2 Oct June T. 050 for year 3-4-29,

old for ball your

Nov, 20, 19

Oct, 11, 29

11.06/13.10 Dec. Last dividend for 19%..........

**

Aug. 9, 99

Jaly 81. 23

(03/01)

Doc. Interim 2 afe 192

101

Dec. Interim T. 3 / 1920

Deo,

Doc.

Interim 30 cents ajo 1927.

Aug. 19, 29

#

08

Fob.

for roar 238-49,

June 5, 19

(3) cents and bonascente Feb, 8, 19

making $1 for 1923)

Dec. Intertio conta afe 1999. Aug. 17, 19

fel on vid for your

1bols on now! 30-4-20 June, 7, 29

Doc. 16 bon $166.

making 43.60 for 192,..... | Feb, 15, 20

Final cto. (vld) | for year

Septenta 10.73 (0) 3-929. Do, 18, 25. Dec. 188. an old for 1923 Mar. 22,29

Dea.

Peak Trama (old)....$

#

(new)....

18.06

Apr.

months'

Star Fenici

71

1/1 5/

1/7 %

China Light H.-K. -Electric

Macro

19

|(70%)})

· 972%

1047%

1/6/ Insurance policy in respect of the It is, therefore, quite clear that Bank, wire ....

compulsory motor Insurance is com- Bank, on demand... 1/6 13/16 (vi). The insurance policy ing, and ona, cannot help feeling Bank, 30 days' aight- should provide that the insurance that, although it may at first sight Bank, 4 months" sight 1/7. company shall be bound to pay appear have objectionable Credits, to the third party direct all features from the Insurance com

aight damages or compensation and ponies point of view, it may in Documentary 4 months costs agreed by the holder of the the end produce, by the shear aight policy, or adjudged to be due to necessity for economy,

On Perio

■ closer ex- him, as if such damages, com amination of the present costly On demand pensation, or costs had frat beer mathod of handling claims Indivi- Credits, 4 months paid by the

Bight policy-holder dually. The insurance companies had, thereafter for good con handle their claims, pretty efficient- On Berlin sideration assigned to such thirdly and, generally speaking, to the On demand party his right to be indemnified satisfaction of their policy-holders, On New York-- by the insurance company. (A but a close co-ordination in the demand Government bill has already been enormous business of claim setile Cradiis, 60 days' introduced to deal with this rents would show a result in sight point.)

economies. The first insurance On Bombay- The Case for the Companies companies invariably appoint: In-Wo

|: It might be imagined that the dependent assessors to settle fire On demand

most enthusiatic supporters of claims; and three or four assessora : On Calcutta-

Compulsory insurance would be the in one district will handle all the Wire insurance companies themselves, but claims of possibly 30 or 40 insur On demand. *... this is not so. They are, in fact, ance companies. If some form of On Singapore-- strongly opposed to it and gave canteal claim-settling burean could On demand evidence before the Royal Combe devised, or independent assessorS ** On Manila- mission: against the proposal... At sat up on the same lines as the On demand the root of their opposition is the fire and marine assessors, it would, On Shanghai--- feeling that the email, proportion one imagines, result in even more on demana of mootorists now uninsured are a efficient working, a distlest messure 80'day's sight. (private most undesirable class from an in- of scopomy, and certainly in a more apar surance company's point of view, uniform attitude towards claims. On Yako Tho fasurance companies desire to

Ondeman preserve the right to select the

afraid Gold Loat, 1001 business, and to decline to Insure you're an attentive Bitle girl (per teel) those whose record seems to abow Now laten

you chee Sovereigns

Fundesirable, and to

nay: hot

not

Teacher:

yout buying? tre silve

Bar: 8

Sandakan Light H.K. Telephones.

China Bures S'poreTrictions(On!ja}"

Industrials.

{Pref.)/

Cald Micg. Ord...

UNIRUDI

Stae Hens

Dio. Interim 10 centa ajo 1950.

Sop. 19, 19

Dec. T.060 for 1795,

Feb, 21, 20

Fol. 6, 29

Dec. 1-os preference,

Is Edquidation Dec. Pastor 1923

Doc theorporated in May 1929.

July More

Det stridend for 1025,

Toa Lat dividend for 1024,

April 21,0

*88%

China. Sugar

89

Malabon Bugars

10415

104

Canton Ives

Cemens (comb)

20474

104

H. K. Hopes,

United Asbeaton

6775

76%

Dairy Farms

Doo; $1.37 for 1928;

Mar 4, 19

781%

Watsons

Der A Wings

Lane Crawfords

Mackintosh

Sinceres

Wm. Pojedila

ང

A

að før your 20-3-50

Folg 25 cents for your 29.5-30

Jano 10.59

CONNELL BROS COMPANY

Hon