WEDNESDAY, MARCH 4, 1931.
POST OFFICE NOTICE.
INWARD MAILS
WEDNESDAY, MARCH 4.
Shanghai
.Havel
Shanghai and Swatow
Soochow
Australia and Manila
.St. Albana.
THURSDAY,
MARCH
G.
Japan
Japan
.Sydney Maru .Hawaii Maru
:
6.
FRIDAY, MARCH Europe via Nagapatam (Letters only, Lon-
don, Feb. 5)
.Hakoznki Maru
SATURDAY, MARCH Europe via Nagapatam Papers only, London
February 5.
7.
.Santhin.
MARCH 8.
Pres. Van Buren
.Mirzápore
U.S.A., Honolulu. Japan and Shanghai (San
Francisco, Feb. 6)
Straita
SUNDAY,
MONDAY, MARCH Q. U.S.A., Honolulu, Japan and Shanghai San
Francisco, Feb. 13)
OUTWARD MAILS
WEDNESDAY, MARCH 4.
Straits and Calcutta
Amoy
Shanghai, Japan, Canada, U.S.A..
C. & S. Amarica and Europe. vin Vancouver, B.C.
THURSDAY,
floihow, Pakhoi and Haiphong ...
Japan,
Ionolulit and
American Port
Straits and Calcutta
Shanghai and Japan
*South
Manila, Australia & New Zealand
vin Brisbane
Swatow
Foochow via Swntow
FRIDAY,
Saigon, Straits, "Ceylan, *India. *Mauritius, E. & S. Africa and *South America Ports "Swatow, Amoy and Poochow
Straita, Ceylon, India, Mauritius, E. & S. Africa, Aden, Egypt & Europe via Marseilles
K.P.O.
Mar. 6, 4.30 p.m. Registration Letters
..4.30 p.m. Straits, Ceylon, India, Maritius, E. & S. Africa, Egypt & Europe via Marseilles
.Mar. 6, 4.30 p.m.
K.P.0.
Parcels
Registration
Letters
Kum Sang
Parcela
Letters
Tainan
.President Madison
.....1 p.m. 3.30 p.m.
+
THE CHINA. MAIL.
MERCHANT FLEET OF most serious crises which the
NORWAY.
Great Expansion in 1930.
Norwegians have ever had. The Expenses continue to be about 100 per cent. higher than before the War, and freights are lower, so that it is comprehensive that the conditions are extremely difficult for ships which have not long A great expansion took place there are not many if an excep- term charter-partios, of which in the merchant fleet of Norwaytion is made of tankers, which are last year, as is shown by the perhaps the only types which will statistics issued by the Norake be able to show a surplus of note- Veritas Bureau, and a further worthy importance.
considerable addition is expected to be recorded in the course of the next six months. Including two sailing vessels, the total number of ships amounted to 160 of 578,625 gross tons, as compared with 169 and 395,656 gross tons
in 1929.
EXCHANGES.
TO-DAY'S QUOTATIONS.
11
On Lettron Bank, wire Bank, on demand ... 11 Bank.. 4 months.sight 11 1/16
Credita,
4 months'
sight Documentary, 4
11 11/16
months' sight .... 11 13/16
On Parla On demand Credits,
sight
5672
4 months'
607
On Now York- On demand Credits 60 days'
sight
On Bumbay-
HONG KONG STOCK EXCHANGE
Opening Daily Official Quotations 3rd March, 1931.
STOCK
[flay sell-
Sale Yom. Fin
Last dividend and when pald.
Banks.
Hong Kong Bank 2...). Chartered Bank ..................... Mercantile Bk., ARB.
*
C.
Bank of Asia
110
Insurances,
Canton Ins, **...* †1800 Union Ina.
*Chins Underwriters...$3.60
Chins Fire fan.......$595
H. K. Fire Int......$
F
1-4
edir 21011 Dec.final #bosi 21
+
201
045:043)
22
23%
61
Shipping. Douglase.
..$
ཟླཝཾཝཱ
01
**
H. K. Steamboats ....Ş. Indo-China (ref.) 2.§ (Def.)...$
1207
81
Shell Transports/
....... 81
99%
44%
Tla. 76 34% dis.
Future Doubtful, As to the future, Mr. Wrangell expresses the opinion that one cannot expect any thorough im provement before the prices of commodities have reached the bottom level. But they have not Sales to other coun- done so yet, and before that hap- tries azul broken-up or dismantled pens buyers only purchase for ships numbered 57 of 103,824 immediate requirements, as all gross tons, contrasting with 91 buyers are afraid to speculate be-Wire and 104,105 gross tons in 1929, fore they feel they are on safe on demand making the net additions in 1930ground, and until that takes with 169 and 395,655 gross tong place the freight market will not On Calcutta- as against 78 ships of 291,460 improve. The world's combined wire tons in the previous year.
shipping fleet, moreover, is cer- On demand tainly too large for the present times. If to this is added the fact that most of the competitors Or demand.... of Norway have lower working expenses, and that individual countries give subsidies to their shipping at the same time as most countries have lower taxes, it is obvious that the Norwegians can- not compete. Obviously these matters combined play a great part when the question is to com- demand pete, and it is therefore easy to understand what has happened now in the sense that the Nor- wegians have been compelled to lay up a large part of their fleet while competitors continue to
As to the activity of the Nur- .Mar. 4, Noonwegian yards, it is noted that these turned out 44 ships of 49,885 gross tons last year, as compared with 42 of 23,743 gross tons in 1929. The new construc- tion delivered by other countries comprised 83 ships of 465,838 gross tons, as against 63 of 222,418 tons in 1929, while the balance of the above total figures is represented by second-hand
Empress of Canada Dac Vancouver, B.C., Mar. 21 and Europe vin Siberia.) Parcela
Mar. 4, 5 p.m. .Mar. 6, 9.15 am. Registration Lettera MARCH G.
Munado Maru
Heiyo Maru Kamsang
Parcels
Letters
St. Albans
.10 a.m.
8.30 a..
·10 a.m.
....1 p.m. 2.30 p.m.
Sydney Mara
(Due Brisbane, March 19.) Registration Mar. 5, 4.15 p.m. .. p.m.
Lettera Hydrungen Chip Shing MARCH
G.
Hawaii Maru Hulching
ships purchased abroad.
More This Year.
The total number of merchant ships owned by Norway at the opening of the present year was .Mar. 5, Naun. 1,969, of 3,783,000 gross tons, and
this tonnage will be increased to sail. over 4,000,000 during the first half of the year as a result of the states that it is worthy of con- In conclusion, Mr. Wrangell deliveries from abroad of a numsideration in these times as to ber of the ships still on order to
whether there should not be a the extent of 483,000 gross tons-period without a tariff agree- For the present, however, newment with the seamen; if tariffs contracts are not being entered are to be fixed now they must into, as is only natural from the certainly be low if the ships are state of the world trade and the
If the tariffs are too large number of vessels which are high the ships must be laid up, now laid up all round.
so that there is little use in hay
In his opinion a ing a tariff. period without a tariff for a time would be the best for all parties until the freight market in some measure becomes normal.
3 p.ru. 6 p.m.
9.80 a.m. 1 p.m.
Hakone Maru
(Due Marseilles, April 4.) G.r.O, Registration ....Mar. 6, 5 p.m. .6 p.m. Letters
Khiva
(Due Marseilles, April 4.) G.P.O. Parcels
.Mar. 6, 5 p.m. Registration ..Mar. 7, 9.45 am. Lettors ...10 a.m.
..10.30 a.m. MARCH 7.
Anking
.Mar. 7, 9 a.m.
SATURDAY,
SUNDAY,
Amoy
Bangkok via Swatow
Swatow, Amoy and Formosa
Strait and Calcutta
MONDAY
TUESDAY,
Swatow, Amoy and Foochow WEDNESDAY, Sandakan
5 p.m.
MARCH 8,
Kaying
Hozan Maru
9 a.m. 9 a.m
MARCH
9.
Sul Sanz areels Letters MARCH 10. Hai Ning MARCH 11. Mausang SATURDAY, MARCH 14. Straits, Ceylon, India, Mauritins, E. & S. Africa, Aden, Egypt & Europe vie Marselles
Khyber
4
Mar. 9, Noon .....1 p.m.
2 p.m.
10.30 a.m.
(Due Marseilles, Apr. 11.) G.P.O. Parcels .....Mar. 13, 5 p.m. Eegistration Mar. 14, 9.45 a.m. .10 B.m. Letters
....10.30 a.m.
.Mar. 13. 4.30 p.m. .Mar. 14, 9 a.m.
K.P.O.
Parcels
Rigistration Letters
*Superscribed
correspondence only
SHAKESPEARE TO BE IMPROVED apeare. The play is Purcell's operatic version of A Midsummer Night's Dream, and the libretto has already made hay of Shakespeare's
countries. At present there are
to trade.
Concerning the work carried out by the Norwegian yards last year, Mr. J. L. Amundsen, pre- sident of the Norwegian Slijp builders Association, has in formed the Norwegian Journal of
As bearing on this question Mr. Commerce that he estimates at Fr. Odfjell, of Bergen, points out value of 25,000,000 kr. the ships that the wages of the crews lie which were contracted for at the between 116 and 120 per cent. native yards in 1930. As to the above the level in 1913, and this question of competitive capacity, is also the case with loading, dis- he states that is extraordinarily
charging and harbour charges. difficult for the Norwegian yards On the other hand, the general to get orders for new construction index of freights is now 12 per owing to the level of wages being cent. below the level at the same higher than that in neighbouring time last year, and between 15 25 medium sized and large ship and 25 per cent. lower than in yards in Norway, and these have at present about 7,000 men at work, although the number rises to 10,000 when trade is, favour. able, and falls to 4,000 men dur- The ing periods of depression. difficult times for shipping react on the shipyards, so that for a period it will be impossible to
For shipbuilders on the Clyde reckonn on getting new construc- 1930 was a trying and unbalanced tion, except for special ships. As year. Judged by launchings alone. most of the yards have but few the year would appear to have been orders now on hand, they will be comparatively successful, but put to able to offer favourable periods the acid test-employment statistics for delivery in the event of any the reverse is the case. new contracts coming forward.
1913.
CLYDE BUILDING.
On Singapore---**
On Mendo- On demand
the Since March of last year number of unemployed in the in- Million Tons Laid Up. During the previous period dustry has risen alarmingly, parti when vessels were laid up in cularly on the Clydeside, from 27.0 From statistical Norway, the operation of laying to 40,1 per cent. up came to an end before the ton records of output, the productivity nage reached 500,000 but at the for 1930 was 246 vessels of 529,744 end of December the number of tons, compared with 222 vessels and The Clyde'a idle ships was 230 of a total of 565,798 tons in 1929. 860,000 dead-weight tons. Ai launching output, however, was present the number is estimated easily a third of the entire British The year saw a large to have further increased and the production. laid-up dead-weight tonnage to output of tanker tonnage, but, un exceed 1,000,000. In various har- fortunately, there is little now re bours the vessels lie close to- maining of that class of 'work gether, and a shortage of accom- which has been the main source of Mr. Craig told a press representa modation is beginning to be activity of the Clyde, as elsewhere tive that the play will be produced | noticeable at Bergen.
during the year.. Mr. Gordon Craig, Ellen Terry's in the Autumn. Rehearsals are to Dealing with the situation of While the contracts for the now son, is looking for a poet.
begin as soon as the designs are shipping Mr. H. A. Wrangell, Cunarder and two destroyers will This poet will be required to ro-ready.
who i retiring from the provide a considerable amount of 'write certain parts of A Mid Mr. Craig described The Fairy presidency of the Ship work in the coming year, the out
summer Night's Dream, which Mr.
Queen as "an elaborato production owners' Association of Nor- look generally is disquieting. A Craig and Mr. Cochran intend to
staged economically.
way after having filled this considerable time will elapan before produce as a play called The Fairy "There will be five or six imposition for three years and a the translation of contracts placed **Queen,
mense sconos," he added. “A re-half, states that the past autumn into actual work for the men in the Here is a chance for nome youth-volving stage will be used, and Miss proved a great disappointment, yards, and there does not seem to British genius, who may be Jessie Matthews and Mr. Sonnie and as the laying up of ships is be much prospect of the alleviation happy to learn however, that he is Hale or Mr. Douglas Byng will increasing every day, the present of the unemployment position on not required to rewrite Shake appear."
situation is becoming one of the the Cly deside, even in 1931.
ful
Post Wanted To Rewrite His Paraphraser.
words.
On Shanghai- On demand
Dollar
On YokohamA--
45
(Bank's
111⁄2 12%
Sovereigns
buying rate) Silver (per oz.)
Bar Silver in Hong
Kong
Nominal Capper Cash
Nominal Copper Cents
3% prem.
Chinese Sub. Coin. 22% dis. Hate of Native In-
3% p.a. Hong Kong Sub. Coin Far
terest
LONDON EXCHANGES
Oslo Vienna
Rugby, Yesterday.
123.98%
Union Waterboat ...$
Mining. Benguets.......♣
Kailan Mining Ad. */- Langkat.......... 'Cts.
S'bai Exploration...Th. Lorna........Th.
Rauba
Vcoczucia Gold Fields $ 3.00
Docks, Wharvas, Godowns, &c.
H. E. & K. Wharve...$ H. K. & W. Docks......$ 93) South Ch. Motori ...S *China Providents (old)$ 5.40 (new) $ 1.45 Hongkew...........Th. 27-4 N. Engineerings...Tb. 5)
Shanghai Docks ...Th. 110
Lands, Hotels & Building..
11. K. & S. Hotch... H.K. Lands.......$ (94) Shanghai Lande...Th. 410 Humphreys (Cum Ris.)$ Right......$
14
H. . Realti
174 17
НГ
Š
***
neo, 1/1-875.14 | Mar. 9, 31 Dec. Inte im 4. trus 1/Tax afe 1000 Sop. 83 Des. 2020 Jase 170nx., Sep, — 50
Feb 13,
[
They.
#fur 1931)...
Pro.
Final ? for 109. May 16, 30 Cinturin #18 Nje 1999.
Dec. Final 1 fur 1823) 2. May 10, 80
11turin 24 aặc 1929 }
1. Sens
Vinal boreu« Qd}
Dec. 1
Intarita #3 /1024)
180547 für 199i menuen
ន ្ទ គឺ ៖
130
114
~~814-May 50,30
Mar. 26, 80
live. Lahdent for 1926......
Dee, 1-fas for 1929 None for 1930....
Mar. 4, BO
The
1 x. 9, un praferred;
11 for 1020ant 1925) June 19, 19
Last Blend for 1BAT....................)
+++
8/14 (stelin - Compen No. 63 Jan. 3, 81
1. tree Tax afe 1000
1-3 for 193
Deo
36/3 June
...
121
!! : : : : 2
ཎྜཧྲྰིཎྞཉྙཙཾ།
H
*::::
Afar, LO, CO
Deo. 20, 30
1c, 20, 80 May 8, 20
***
This 30
1 making Paso duro.
1204 4%, five (%% C'pon 18. anking for fear toa) Ore. The year 31-15-... Doc. Nome
Plunk T. 035
D.
1 making 7, 0.60) for 1030 ........ | Feb. B, J£2 MAT. Third Int payableMar. 16, 81
15/2 pene 51841}
D
1+1
Dre
Perling
++
far 130 -------
Dec. Las dividland far 1994...ORTION
The Last iliridland (ur 193+........
Dec. Interlin T. 3 uke 16 19
ACT.025 for 19)...
Apr. T. 7 for year -
July 80, B0
Scent for 1101).
144
Sep, 12, 30
Mar. 4, 81
Peading
12.05 1886
Dher,
Des
Pinal 02 making 4 for 1930
1 and $1 a row Livuo
Feb. 10, 31
Dhe,
Flast 7, 20
16.25
making T. 2: for 1035.....
Pending
Thee.
8 conta for 1990....
Feb. 21, 51
Paris New York Brussels Geneva Amsterdam Milan Berlin
$9.00
fee.
Indertru 30 cơmi 4 nfe 1930
Sep. 4, 00
4.85 23/32
Chinese Estates......
187
Fab.
for year 23-2-30
July 21, 80
34.84
25.20
Cotton Mills.
12.11
*Ewa Cotima.......Tit.
16.05. T. 9.75 for 1930..
Afar. 19,81
92.72%
{Apr.
20.43/2
Shanghai Cotton...Ts. 100
---
+
ned Oct
T. 3.98 for hall year 31-10-80. Nov. 29,30
Copenhagen.
18.16%
Zoong Sings....... 19
415
Oct. 11, 30
Stockholm
18.131
18.16
Public Utilities.
34.50%
164
*H. K. Tramways.....3 (17.60) Peak Trams (old)...
+
141
Helsingfors Madrid Lisbon
193
**
(new) ...$
45.65
Star Ferrier
88
108,25
•China Light
376
H. K. Electrica
Bucharest
217
-Macas.
Klo Buenos Aires
4 1/16
87%
Montevideo
35%
China
1/5%
Shanghai
1/2
Hong Kong
10%
Yokohama
2/- 13/32 12
Prague
Athens
Bombay
Silver Spot
Silver Forward ... 12
-Brition Wireless Service
Infection at School
Formamint will protect the children against Infections caused by the coughing and snoozing of Ettle playmates.
Give your children A Formamint tablot when "they go to school and when they come home. Formamint off will ward
infectious diseases, such
Bore Throat, Jafluenza, Measles, Scarlet Fever, otc.
Bay a bottle to-day!
FORMAMINT
The Germ-killing Throat Tablet At all Chemists.
Sandakan Lights ....$
Feb, 27, BL
hines0 for year 11-14t
Der. Mint of face for
ranklug 80 centa)
-1 cta, on olej for year
Apr. diela de nær-4-3
$4 for 100...arjob
June 16, 30
Feb. 18,81.
cept, Final 50 cte, n/o yr. 30-0-30.....Dec. 18, 80
Dec. 90 for 194
-----Pending
1930 l'endieg
1 on proference shares)
|| Subject in Innoma Lax„„ i
-
L
80.40... ...3..
Doo
12
+
Jizde None
201
Dec.
making 10%
10
(Pref./
+
191-
Pec. T. 0.90 for 1999
Sept.
H.K. Telt, fully paid $ |12|
part paid S
Dura.......Th.. S'paceTractions{Ord.)»/-
Industrials.
China Sugars ..................... Malabon Sugara ...............$ 36. Cald: Macg. Ond....Th.
M
Pref.... Tis. Canton .......
... 8.40 *Cements (coma.) ........$ |16.60
H. K. Hopes....
Stores, &c.
-
*800*....
כנו
reamer
Feb. 25, 80
Fob, 6, 81
Apr. 11, 29
In Equitatio
Dec. P. Stor 1023
J. 7 months 1999 Apr. 80. 80
ja cantan eld from 19:30 - Pending Deo,inte
July Sous
(old) ...... (new)
6.20
it4.20
Den. 18 cent for 175and the a wing th
Pending
Peading
Dasry Farm (old) ...$
(new)
***
[28,10
***
Dec,
J
www
1241
$1,50 for 1930
Wasons
Der A Wings
H
11
Lane Crawford d
Mackintosha
Sincerca
Wm. Powell
Miscellaneous.
H.K. Amuse, (C. R.) $
(Right)
19.40 Oct. 70 cents for year 31-10-29 Mar. 81, 80
9.30 Feb. Last dividend for your 23-2-25 Fehat for year 22-2-3) C999. INTE
May 15,00
2.83 Folt.cente farguar - June 10, 29
PERINTEN
20
+
4
... $18
20
Mar. 2 for yest M-Vi
*
1/1
-i
Dec. Noue
10
**A
www
**
€8% From 7%
- Interest half yokly
Ch. Entertainment ... 15.80 H. K. Constructions...$ 153 B. a. G.$ Bondi ...
H. K. Govt. Lorna...$
*Speculativa abama.į?Sales to ShanghaL
MAN LOONG.
PRESERVED GINGER MANUFACTURERS.
NEW SEASON PRESERVED GINGER Best quality-Prompt, attention to Exporters, · Office:-2, Dundas Street, Kowloon. Tel 57038. Factory:-2 Godown, Praya, Dundas Street, Mongkok.
BY GOLLY- THE OLD GOUT IS SHOWIN' UP AGIN - I'LL PUT ME- FOOT OUT THE WINDOW.-
AN' LET THE
SUN BAKE IT- GOSH! TH},"7" FEELS GOOD-
BRINGING UP FATHER
Sas, Great Britain rights.
WHAT'S
MATTER?
SOME FAT-HEAD IN THE APART- MENY ABOVE DROÚDEO A FLOWER POT
ON MY FOOT-
DO YOU KNOW that by paying $130.00 down
and $23.00 per month for a limited period you can become the proud owner of a
GENERAL
ELECTRIC
ALL-STEEL REFRIGERATOR
'on view at ̧♪ ---·
The Hong Kong. Ehetrie Co. Ltd. Win. C. Jark & Co., Ltd,"
The General Electric Co. Ltd.
and
Andersen `Meyer & Co. Ltd.
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