1930-08-15 — Page 9

FRIDAY, AUGUST 15, 1930.

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INWARD MAILS

From

Manija

-Per FRIDAY, AUGUST 16. U.S.A., Canada, Japan & Shanghai (Seattle,

July 26)

President Lincoln SATURDAY, AUGUST 16. Shanghai and Rurope via Siberia London,

July 24)

....Witram (Ship due on Aug. 15, 7 a.m.)

Snuerland Shantung

SUNDAY.

AUGUST

17..

.Tjibadak

Shanghai and Swatow

Shanghal

Calcutta and Strails

MONDAY,

AUGUST

.Kut Sang

Empress of Asia

18.

Sphinx President Grant Kitano Maru

Manila

Saigen

Manila

Japan

TUESDAY.

AUGUST

10.

Straits

Australia and Manila

WEDNESDAY

Batavia

FRIDAY,

AUGUST ZJ.

AUGUST 22.

Straits

Japan and Shanghai

SATURDAY,

AUGUST

Van Heutsz Tango Maru

Tjisondari

.Hakone Maru Kamo Maru 23.

.Ginyo Maru

President Polk

Japan U.S.A., Honolulu, Japan and Shanghai (San

Francisco. July 25)

MONDAY AUGUST 25, U.S.A., Honolulu, Japan and Shanghai (San

Erancisco. Aug. 1).

THE CHINA MAIL.

A DEATH BLOW TO inadequate and the only argument

BOOKMAKERS.

Committee Proposes 31⁄2 Per Cent.

BETTING TAX.

in its favour is that the rate can be raised later, If found feasible. I desired that the tax should be equal to the per centage the Turf Club appropriates to itself. For instance, it the Turf Club is to appropriate ton per cent, as it does now, the tax should be ten per cent. If it will be content with less, say 6 per cent, then the tax should be 6 per cent.

BATSMAN'S LUCKY ESCAPE.

Bails Displaced But Return to Position.

HONG KONG STOCK EXCHANGE.

Opening Daily Official Quotations 15th August, 1930.

STOCK"

Buy-Soll

Sales Nom. Fla.

डरल *17

Last divisent and when paid

......$

Banks. Hong Kong Bank.... Chastered Bank Mercantile B., A&B. Bank of Asia

.C.

Insurances.

TEL

***

Union Ins. $437 Canton Ins.

China Underwriters...$

China Fire Ins. $400 H. K. Fire Ins. ......3 370

Shipping.

Ipoh, August 5. The Perak vs, Ceylon XI cricket The representatives of the Turf match was continued on Monday and The Select Committee of the Club who gave evidence before the there was an exciting finish. Perak Ceylon Legistatiye' Council which Committee were unanimous that the having a deficit of 103, lost five of was appointed to consider the Bet betting publle would resent any their best wickket for 45. Then, & ting Tax Bill recommends that the deduction from their bots which series of blunders in the field were Bill be passed into law subject to exceeded 124 per cent, as tax). certain amendments.

And they added that any higher men and Scott-Dalgleish, Edlin and taken full advantage of by the bats They add: "We invited the Cey-rate would result in a decrease in Werte steadily raised the score. Jon Turf Club And the Galle betting and a fall in the, income of winning by four wickets. Once Gymkhana Club to send representa- the Turf Club, which would result Edlin's wicket was hit and the balls tives before us for the purpose of in making racing in Ceylon not were displaced hut returned to our making an analytical examina- attractive to owners. I am unable position to the amazement of all and tion of their incomes and expendi to sympathise with these conten- the chagrin of the fielders when the tures. After having heard them tions. The Turf Club in recent batsmen ran three byes, Dalgleish Douglases and after close and careful delibera- years, with a view to getting a tion we decided to alter the tax from larger income from betting, has and he received a presentation bat;

(39) was top scorer in the match H. K, Steamboats ... 241 two and a half per rent. to three greatly increased the

number of during the luncheon later, when It Indo-China (Pref.)...$ and a half per cent."

racing days in the year. Any pro- vision which will prevent the ex; players and others had met and announced that the, Ceylon

Shell Transports...*/*] ploiting of the gambling instincts of decided to establish permanent fix Union Waterbeas ... the people and which will dampen tures annually between Ceyton sides the ardour of the backer and lessen and other States and Settlements. his epportunities of indulging in Delegates in each centre have been Benguet betting should be welcome. I there-appointed to advise the committee, Kailan Mining Ad. 17-| fore feel.

The Committee have got over the charge of creating monopolies, which was brought against the original draft in connection with bookmakers being granted permits only by racing clubs, by deciding to anted the Bill, by deleting all re- ference to book-makers, while the other amendments made are calcul ated to give better, effect to the objects of the BIL

Definition of A “Backer,” In accordance with this decision about book-makers, there has been deleted from the interpretation clause the definition of "authorised .President Cleveland brokmaker," and in the definition of "backer" they exclude any person who bets with a bookmaker and .Empress of Canada restrict a "backer" to, a person who

WEDNESDAY, AUGUST 27, Canada, U.S.A., Honolulu, Japan and Shang-

hai Vancouver. R.C., Aug. 7)

OUTWARD MAILS

For

Shanghai

Samshiu and Wuchow

Wei Hai Wei

FRIDAY,

Per AUGUST 15.

Ichang

Tai Hing Chian Lu

6 p.m.

Straits, Ceylon, India, Mauritius, E. & S. Africa, Aden, Egypt & Europe via Marseilles..

K.P.0.

Parcels... Aug. 15, 4.30 p.m. Registration ..Aug. 16, 9 a.m. Letters...... Aug. 16, 10 a.m.

SATURDAY,

Swatow and Amoy

Straits & Calcutta

Rajputana

9.30 p.m. 4 p.m.

(Due Marseilles, Sept. 12.) G.P.O.

Parcels... Aug. 15, 5 p.m. Registrationa Aug. 16, 9.45 a.m. Letters....Aug, 16, 10.30 a.m. AUGUST 16,

Tjisaroes .Tilawa

Shanghai and Europe via Siberia, Kiungchow

Manila

Amoy

SUNDAY..

Bangkok via Swatow

Swatow, Amoy and Formosa

MONDAY,

Japan, Canada, U.S.A., C. and S. America and Europe via Vie- torio, D.C.

10 a.m.

Parcels..Aug. 16, 12.30 p.m. Letters ...

..1.30 p.m. 3.30 p.m. 4.30 p.m. 5 p.m.

9 a.m. 9 a.m.

President Lincoln Kwangtung

AUGUST Kaying Canton Maru AUGUST 18.

17.

President Grant (Due. Victoria. B.C., Sept. 5.) Parcels .....Aug. 18, 3 pm Registration ........4.16 p.m. Letters

bets at the totalisator. By this

clause, therefore a "racing club" will

include a club, association, socięty ur body of persons, corporate or unincorporate, formed for the pur- pose of promoting horse races and

for holding, conducting, or control- iing race meetings.

(1) the tax should be much higher than the rate proposed by the Committee and should be at least equal to the percentage appropriated by the Turf Club, and

(2) some provision should be made in the Ordinance which will enable Government to regulate the number of racing days in the year.

RACE INCIDENT. STEWARDS DECISION AFTER "ALL RIGHT" FLAG.

F

A rather piquant position arose concerning the position of backers and layers over the disqualification of the favourite, Aylesbury, for the

wag

(Del.)...$

Mining.

20

S'hai Exploration...Tk. Ths.

Loans.......Tu. 31

and it is probable the next ixture Chinge New Year; also the Aus- will be with Perak at Ipoh at Langkat tralians of Malaya are hoping to meet the Ceylon XI next season. Raubs Singapore Free Press.

CRICKET.

CHELTENHAM V. HAILEYBURY.

London, August 3. There was an exciting finish to the annual match between Chelten

+

2.30

Dea.ateriale (290

01. 1/34-46,45) | Aug. 11, 80

Dec. Figat 7. bonds 87%

free Tax af 1929 Apr. 9, 10

1/Tax... Apr. -- 80

***

1450

167

---

2a

1

Dec. Pia, 201-1

191

Dec.

BS (or 10BIT

####

pm my

--22 Tranch Mines. 444

Dacks, WharvoS, Godowns, &c.

H. K. & K. Wharves..$ H. K. & W. Docks...$ China Providents....$5 Hongkews.......Tls. (200, N. Engineerings Tha: Shanghai Docks ...Tls. 127

Lands, Hotels & Buildings.

H. K. & S. Hotels...$

Dev.

И

2.65

Deo.

Feb. 28, 80

May 18,90

019-May 80, 80

** 1946

*** 19571

[Final 37 fur Des

Hinterki #18 m

Dea. Final 18 For 1923-May 30, 30

Sinturim 24/0/0

Deo. Nane

(Vinal # bazen Sd)

fur lives. Interia

Dec. 817 for to19 ...........m

------- | Mar. 26, 80

Dr. Last dtrident for 1954. Sed a

**Mar. 4,30

$124. x. 21-4 on preferred)

Last leidend for 1023

Dec. in Compon No. 56 free)

1/Tax for 1993

Thos. $1.50 Bar 1029

*

ន ស្មឹ ច គឺ ៖ ៖

18)

Dec. 1-50 for 1059

Dec.

1 Eur 3994 1995

June 19, 29

July 8, 20

Mar, 10, 80

·

Doc. Inter 15 centrvus afo 1950... Apr. ----30

|2017 | Jans] [litterim if- fren Y/Tax

(Coupon Nu, 57 year 30-6-30) Juns --- 80

B

[00 Nati

Oct. 1. for year 11-14

May B, 36

**Y

Dec. Intatiro T. 1.25 af 1950

Joly 1, 30

Maranja roar 31-3-30

June 19,30

Dec. Interus on

Mar. 11,80

4

1105

...197.

Dec. 3 for $99..... Dya,

Mar. 18, 83

diviiend for 1924AED

3.10 5.10

Dec.Luz dividend for 1992. Deo. Ftual T. 10

Mar. 81, 80

FIR

***

71

Io. T. 0.50 for 1990...... Apr.T.7 for your

Feb. 25, 30

199

July 85, 80

ham and Haileybury which was played at Lord's on Friday and Saturday, Batting first on Friday Cheltenham replied with 239, thus H. K. Lands 80 Haileybury put on 124 to which taking the lead by 115 Haileybury Shanghai Lands.Its. innings and dismissed their appon- H. K. Realues...$ ents for 137, and were unlucky to lose by 12 runs.

In the, clause relating to taxable bets, they insert provision for the Leonards Selling Plate at Gatwick however put on 264 for the second Humphreys |

during mail week.

tax not to be levied on bets of less than Re. 1. The clause will now

In the peculiar circumstances of read, "There shall be charged and the disqualification, and in the light levied the rate prescribed by or of the totalisator rules and the re- Gader this Ordinance and in the vised rules on betting, there can be manner provided, by this Ordinance, no question that backers of Ayles- a tax on beta of not less than one bury, who went past the post first, rupee on any horse race, which is but was later disqualified, win and run or proposed to be run at a race

backers of Archerbt, the second meeting held on a registered racehorse, afterwards placed first, lose. course, made by person acting on his own behalf, on the day on which the race

is run, at a totalisator worked by the certificate holder for the race course, within an enclosure, room, or place set apart for the purpose under this Ordinance."

This deals

Ante-Post Betting. They have inserted a clause that "no person shall receive or negotiate Fany bot on a horse race other than

a taxable bet." bucket shops, while all ante-post the death blow to

betting will have to cease. What the position of those bookmakers at Registration...Aug. 18, 5 p.m. present existing, who have already made books on the August races, will be, if the Ordinance is passed before the August races, it is diffl. cult to understand.

Shanghai and Europe via Siberia President Grant

Swatow

Foochow

Amoy

TUESDAY,

Letters Hydrangea

Chinhua

.....5 p.m.

....6 p.m. 3 p.m. 3.80 p.m.

Kut Sang AUGUST 19.

5 p.m.

9 a.m.

*Manila and Java via Sourabaya Tjibadak Manila, Australia & New Zealand

via Thursday Island

Straits, Ceylon, India, Mauritius, E. & S. Africa. Egypt & Europe via Marseilles

K.P.O.

Registration...Aug. 19, 1 p.n.

Letters

.....1 p.m. Shanghai, Japan and Europe, via

Siberia

Swatow, Amoy and Foochow .... Swatow and Amoy

Shanghai, Japan, Canada. U.S.A.,

C. & S. America and Europa *Europe via Vancouver, BC.

Swatow Japon

WEDNESDAY.

Kitano Maru (Due Thursday Island, Sept. 1.)

Registration.Aug. 19, 8.45 a.m. Letters

.9.30 am.

Philoctetes

All the clauses relating to book makers' permits and the betting tax have been deleted and also the clause dealing with the exhibition of certificate of registration which it was originally intended to grant, to bookmakers.

The Hon. Mr. A. 'Mahadeva adds the following:-"The Bill is intend ed to legalise certain forms of bet- (Due Marseillea, Sept. 19.)

ting now illegal under the law and G.P.O.

to exempt racing clubs from the Registration Aug. 19, 1.46 pm. penalties under the Gaming Ordin-

.2.30 p.m.

ance in deference to the wishes of sportemen Interested in racing.

Letters

Sphinx... Hai Ning Van Heutaz

Empress of Asla

2 p.m.

2 p.m.

5 p.m.

(Due Vancouver. B.C., Sept. 6 and Europe via Siberia) Parcels......Aug. 19, .5 p.m. Registration Aug. 20, 9.15 a.m. Letters

10 a.m. AUGUST 20. Chak Sang. Tango Maru

• Superscribed correspondence only.

8.30 a.m. 9.30 a.m.

The trouble arose in consequence of the fall of Vocabulary, ridden by Inn Martin, after the field had covered half the Journey. The Stewards decided to hold an inquiry into the cause of the mishap, but delayed the investigation until Martin had recovered from his shaking.

Meanwhile the all right" Rag was holsted, and all bets are re- gulated by this signal. caused the Stewards

The evidence given at the inquiry to disqualify Aylesbury, and award first place to Archerot. R. Dick, the rider of Aylesbury, was auspended for the remainder of the meeting and severely reprimanded.

--

Haileybury 124 and 264 Cheltenham.... 239 and 137 -Singapore Free Press.

EXCHANGES

months'

TO-DAY'S QUOTATIONS On London- Bank, wire 1/3 % Bank, on demand... 1/3 % Bank, 4.months' sight 1/3.4 Credito, 4

Documentary, 4

sight

1/4.5/16

months' sight.... 1/4 7/16

On Pari On demand. Credits, 4 months'

sight

On New York On demand

Chinese Estates......$

Cotton Mills.

Ewo Cottons.....Tls. 12

Shanghai Cotton...Tis.

Zong Sings ....Tis.

Public Utilities.

:,::

...12.10

Des. Men 30 y 10

10.30

10.30.

Dec. cunts for 199,N

Apr. 7, 80

181

60Cum RisDec. Interica 85 xia 1000

Aug. 6, 20

287

Dec. Interior T.'s a/c 1950

July 31, 20

Deo. 90 cents for 1929

May 7,80

147

Mar. 26, 30

tor

87

Feb.

for your 22-2-3) won-eune

July 21, 80

Dec. Pol T. Falo 1989

blar. 11, 50

|(Apr.]

12.9-45 w

Oct

and (7.5-15 old) for half year

30-4-50

May 23,38)

*** 19

Jane T. so for year 3-6mm

Oct. 11, 19

Der. Interim in rests of 1939 -

Aug. 27, SO

| Apr. (8) eta, on old) fogyasz

June 16, 30

Feb. 14, 80

*

IRA-

H. K. Tramways $19.10 18.40. Peak Trams (old) (12)

(new)...is Star Ferries China Light (old)...$231

(new) ...$

...20 H. K. Electrics 1577 Maczo

Sandakan Lights

4

11

H.K. Tele. fully paid:

part paid $ China Buses... Tb. 19 S'poreTractions(Ord-a/-

"

(Prel./-

Industrials.

China Sugars 0

805

845

314

Credits, 60 days*

sight

On Bombay... Wire....

82%

Malabon Sugarı .......$

874

Cald: Macg. Ord....Th.

87%

Pref....Tis.

87

87%

56

83/4

On demand

On Calcutta- Wire On demand

On Singapore.... dis- On demand.

On Manila On demand.

On Shanghai- On demand Dollar

The Stewards, who adjudicated on the matter, wers Capt. J. G. R Homfray, Sir William Cooke, and Capt. Mark Weyland. The qualification and suspension were not announced until just before the last race.

A correspondent to Sporting Life suggests that similar trouble could be avoided if the Clerk of the Scales be given authority to act, and, if any incident occurs which neces- sitates investigation, cause to he hoisted a flag special colour in dicating the "all right" has been delayed, and this hold up the pay out in all rings and enclosures until

And once the Bill becomes law, ita definite announcement is made. Is intended to enforce strictly the provisions of the Gaming Ordinance and suppress bucket shops, book- makers, sweepstakes, and other in- ducements to gaming.

Brown met, a friend. “I say, Jenkins," he commenced, "you are "I am not sure whether it is the just the man I want to see.. You intention to make the Galle Gym-have known me now for three khana Sweep illegal. If so, the only years, haven't you?'... successfully run racing club under

"Yes." Ceylonese management will have to

"Well, I would like you to ac.. close down. Otherwise provision commodate me with a loan of ten will have to be made In this Ordin pounds.": ance to legalise the Galle Gymkhana Sweep,

"As regards the proposed 8% per cent. Totalisator Tax, I feel it is

"Sorry, but I catit "Why not?"

"Because I've known you for three years!".

Tis. 89 11% dia.

f

64

(Bank's

1/4

On Yokoham on demand Sovereigns

buying rate) Silver. (per 'oz.) Bar Silver in Hong

Kong Copper Cash Copper Centa

16 5/16

3% dis. nom. Nominal...

8% prem.

Rate of Native In

terest

82% p.a. Chinese Sub. Coin .. 224% dia.. Hong Kong Sub. Cali Par.

LONDON EXCHANGES

"

ཋ ;

140cts on now

Dec. 4 or 1922......

Sept. Int. tacte. No pr. 347-30 May 19, 80

Mar. 19, 80

*10

Jugo Nero.

[10 Cat/ 1930 Aug. 1, 30

---

Dec. $2.50 for 100

23

Dea.

Dec. Ial

(10 cm)

***

Dre. T. 1.90 for 1929

Feb. 26, 20

10/-

[18/8

Sept.

1/4 on proferece shares)

Feb. 5, 84

Canton Ices.....$

Cements (com.) $17.00 18.20)

(old).....

(dew) ...... 51 H. K. Ropes 18.90 11,15 United Asbestos......$

Stories, &c.

<

Dairy Farms

Wations

Der A Wings Lane Crawfords Mackintosha.... Sinceres Wm. Powells

Miscellaneous. H.K. Amusement ...$ Ch. Entertainment ...$

162

11

H. K. Constructions......

B. Ind. G. Bonds...

H. K. Govt. Loans...$ 8 H.K. Lands......

Bubject to income tax...)

|:

rt Is Liquidation.

27

Doc. P. 1 for 1922

LOA 10.40

Doc.

[T, 0,00 1-

Daugi

Apr. 11: 90

1.10Jnly None

af the 1020) Apr. 80, 90

Doo.

Déc. Last dividiend for 1924, mp

¡su cence on old for 1820--| Har. 19, 80

the contact nate d

***

19

94.10/24

Dec. $1.40 for 19" na

...

IH

ག་:་༴ ། ིི་

Mar. 16, 80

Oct. 70 cents for your 21-10-Mar. 81. 89

ابو حمد البلد

***

Feb.

Fob. Last lividend for your 13-2-20

for year 20-250

+4

1.85 Feb.

·

mm May 15, 80

canta for year 29-2-22 Jun 10, 29

12.0 on Preferred; for was

| Mar. |11.8 on Deferred $1-0-July 35, 89

**

J

** 26

10

1.00

Doc. Nons

81%

· Internak hálf, pantly.

Ria. 70

T

1

Rta

Parts New York Brussels Genova Amsterdam

Rugby, Yesterday,

27

123.85

4.87%

94.845

25.046

Viennay Prague

$4,456

1644

Buenos Aires Bombay

12.09

Helsingfors

1982

-Yokohama."

Milan Berlin

92.98

Madrid

45.10:

20.30

Lisbon

108.25

Stockholm

18.12.

Athens

$76.

Copenhagen Valo

18.165

18.17

Bucharest Rio

818

5 1/16

41 1/18 1/6 26/82

2/0 11,32

...1/6/2

1/3/4

16 5/16

Shanghai.

Hong Kong

Silver Spot and For

ward

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you can become the proud owner of a

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