10
VK.LINE
N.
General Passenger Agents in the Orient for
Cunard White Star Line
BAN FRANCISCO via Shanghai, Japan Ports, and Honolulu.
CHICHIBU MARU (Kobe direct) Wednesday, 5th Dec, TATSUTA MARU
ASAMA MARU
SEATTLE & VANCOUVER.
HEIAN MARU (starts from Kobe) Monday,
Wednesday,
Wednesday,
12th Dec. 3th Jan.
28th Nov.
HIKAWA MARU (starts from Kobe). Wednesday,
12th Dec.
LONDON, MARSEILLES, ANTWERP & ROTTERDAM
KATORI MARU
Saturday,
24th Nov.
KASHIMA MARU
Saturday,
8th Doc.
YASUKUNI MARU
Friday,
21st Dec.
SYDNEY & MELBOURNE via Manila & Poris.
KITANO MARU
Saturday,
24th Nov.
ATSUTA MARU
Saturday,
22nd Dec.
.BOMBAY via Singapore, Penang & Colombo,
+TOKIWA MARU
Wednesday,
28th Nov.
INAGATO MARU
Friday,
30th Nov.
ANYO MARU
Tuesday,
11th Dec,
SOUTH AMERICA (West Coast) via Japan, Honolulu,
Los Angeles, Mexico and Panama.
Friday,
...... Monday,
Thursday,
'4th Jan.
10th Dec. 27th Dec.
SENTIMENT
THE CHINA MAIL, WEDNESDAY, NOVEMBER 21, 1934
SPURRED ON
WALL STREET
'(Continued from Page 6)
"Rubber: We believe in the buy- ing range. Manufacturers and out- alde interests are on the sidelines. Total sales:-778 lots.
"Flash: Du Pont de Nemours han declared a dividend of 65 cents pay- able on December 15 an of stocks on November 28."-Reuter.
Market Factors
The following telegrams were re- ceived by Messrs. S. E. Levy and Co., from Reuter:-
Favourable factor:-There are Indications that the slowly im- proving business and industrial ont look is bolstering sentiment which has grown predominantly bulllah although restrained by the selling of Utilities.
Unfavourable factor: The Com- modity marketa have not proved to be an incentive.
Night Telegrams ·
The following quarterly dividends have been declared: The Texas Corpn. 25 cents per share; The
LIVERPOOL via Port Said, Beyrouth, Istanbul, Piraeus, Genoa Public Service Corpn. of New Jer-
BOKUYO MARU
· NEW YORK via Panama.
INOSHIRO MARU
+NARUTO MARU
and Valencia.
†DAKAR MARU
Monday,
17th Doe.
-CALCUTTA vin Singapore, Penang & Rangoon.
+HAKODATE MARU
Thursday,
CALCUTTA MARU
Saturday,
SHANGHAI, KOBE & YOKOHAMA.
HAKONE MARU
Friday,
TANGO MARU
Friday,
Saturday,
29th Nov. 8th Dec.
Bird Nov. 30th Nov. 8th. Dec.
SUWA MARU
↑ Cargo only
Telephone 30291
O. S. K.
SAILINGS FROM HONG KONG SUBJECT TO ALTERATION,
NEW YORK via Japan, Los sanyo Maru
Angeles and Parma. Call
Direct at Cristobal, Puerto, Colombia, Buston Philadel- phia and Baltimore...
Wed.,
sey 70 cts. per share; The Chess- peake & Ohlo Railway Co. 70 cts, per share.
A marketing agreement to prevent the recurrence of gasoline price the wars has been submitted by major oil companies. The agree Iment will not. become effective un-
less it is approved by President)
The marriage of Charlotte K. Dorrance, Philadelphia heiress, te William Coxe Wright (both above), former tennis champlon, should be without financial troub les. The bride-elect enjoys U.S. $10,000 per month income from the U.S.$100,000,000 estate of her father, founder of the famous soup company.
Roosevelt and the Oll Administra-ROOSEVELT PURSUES
tion.
Wall Street was moderately active and narrowly irregular. The continued pressure in Utilities, which were fractionally lower, was
Ja disturbing influence. Further in-
"NEW DEAL”
(Continued from Page 8)
decisive movements seem to be in-economists succeed in persuading dicated.
In
York state:
statesmon overseas more easily than
BRITISH INFLUENCE ON SPORT Interesting Address At Rotary Club Tiffin
Speaking on the "Influence of the they can those at home to dissipate, British upon the Development of E. A. Pierce Co.'s Report
their market report, the money on unproductive ventures. Sport among the Chinese in Hong 30th Jan. American Oriental Finance Cor The underlying theory held, at any Kong," Dr. Y. 3. Wan gave a very poration, correspondent for Messrs. rate in Washington, is that these interesting address at the weekly! E. A. Pierce and Company New investments will automatically create Rotary Club tiffin at the Hong Kong
new "circulation" and eventually Hotel yesterday.
In the course of address Dr. "Stocks: The late strength in bring about a normal state of Motor issues is attributed to the affairs in which public works may Wan said that sport with the Bri- more optimistic sentiment regard-be gradually abandoned as private tish was nothing less than a na- tional institution. A glance at any The tone enterprise gets sufficiently afloat. jing prospects for 1935.
Unfortunately, the result so far British newspaper was enough to of Industrial issues has been help-
The public convince anybody of the importance Oxford ed by the predictions of a steady looks rather different. improvement in the Steel industry, works led either to mere liquida-spert was to British life.
RIO-DE-JANEIRO, SANTOS MONTEVIDEO & BUENOS AIRES via Singapore, Colombo, Durban,
Rio De Janeiro Maru Montevideo Maro ..........
Sat., Sat.,
24th Nov. 22nd Dec.
Port Elizabeth and Cape Town
MOMBASA,
DARES-SALAAM, BETRA Africa Maru
ZANZIBAR,
Wed.. Wed..
Sth Dec.
DURBAN, PORT ELIZA
BETH, CAPE TOWN,
LOURENCO MARQUES, Hawali Maru
& SOUTH AMERICAN
PORTS via Singapore &
Colombo
MELBOURNE, BRISBANE, Bydney Maru
SYDNEY: WELLINGTON Brisbane Mara & AUCKLAND direct.....
BOMBAY & †KARACHI via Taijin Maru
Singapore, Penang and. Belgium Maru Colombo
CALCUTTA VIA Eingapore, Sumatra Maru Belawan Deli, & Rangoon .. Hamburg Maru
Hague Maru
2nd Jan. The liquidation in Utility issuestion of debts or to new commit-and Cambridge had been, and still ments, the maintenance of which were, two of the best organised appears to have run its course.
"Wheat-All little rallies met means new and stronger demandisporting clubs in the world:
Sports in some form were not on- with pressure.
The persistent for more subsidles and more public weakness in the foreign markets works. The suppliers of govern- known to the Chinese, although Only the better during the past week was finally ment works are unable to find em- they were not carried out in a sys felt when there was no strength in ployment for their people except by tematic manner. 4th Jan. Corn to offset the weakness. The new government orders, and they classés could afford the time and
market lacked support.
have committed themselves for the money to indulge in them.
Mr. M K. Lo presided at the "Cotton:-Switching was active. future to such an extent that they 4th Dec. Liquidation was absorbed Impres face bankruptcy if Government function and welcomed the return 7th Dec.aively. Hedging was light, while orders stop.
Thurs., Fri.,
8th Dec.
Trade demand.
consistent. Was
differences.
2nd Dec.. Liverpool bought on 20th Dec. The cotton goods markets were
quiet but firm.
+
Roosevelt's Task
$
to the Colony of Rotarian B. Wong Tape. Guests welcomed were Dr. T. W. Ware (Hong Kong), Messrs. Washington has before it the S. F. Mead (Shanghai), F. A. (Edmonton, Cana- choice of continuing the public Stewart-Dunn "Rubber: The market here was works plus additional ones for the da), D. F. Davies (Hong Kong), steady and there was a fair volume maintenance of the artificial "im-R: J. Swales (Hong Kong), and J. The Chairman "announced that Decof-trading-which-consisted mainly petua," or of limiting the pubile H. Beeten (Sandakan). Commission houses works and creating new failures,
Tues.,
Fri.,
Sala
Thurs.,
Sat.,
24th Nov.
JAPAN PORTS
JAPAN via Takao & Keelung-Canada Muru
11th
Amoy TAKAO via SWATOW and (Deli Maru
AMOY
KEELUNG via Swatow and │Hozan Maru
Canton Maru
Sum
San..
Thurs.,
Belgium Marn Direct call at Bedibunder & Manilvi. Juyo Maru Direct call at Bhavnagar, and Bidebunder.
Ümits Porta Marked.
For Further Farticulars Please apply to: --
OSAKA SHOSEN KAISHA,
Telephone 28061.
SHIP & ENGINE BUILDERS.
SHIP & ENGINE REPAIRERS.
25th Nov. of straddlers.
ག
Monday, not on Tuesday, and that 2nd Dec.Were buying for December and with all their economic and poli-the next meeting would be held on
selling later months, while dealers tical consequences.
In this situation President Roose. It would be a Ladies' Day. 29th Nov. were selling for December and buy-
velt's policy can hardly be forecast. ing later options.
"Flash:-Rail action is still dis-He still tries both to create new appointing and we doubt if any waves of optimism by the promise positive: movement will, develop of inflation, and to stop the in- until important questions, like the flationary tendencies of his own petition for higher rates and a Administration. He tries to raise final decision of the Pension Act, the purchasing power of the masses are handed down." Router.
MECHANICAL AND ELECTRICAL ENGINEERS.
BOILER MAKERS.
IRON FOUNDERS.
(Licensed To Manufacture Lanz Perlit Iron;}
BRASS FOUNDERS,
FORGE MASTERS. OXYACETYLENE AND ELECTRIC WELDERS.
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONG KONG, LIMITED.
SALVAGE TUG "TAIKOO":
Wireless Caff
VP.GN. 600 Meters..
"HONG KONGA
DRY DOCK
Length 787 Feat. Length on Blocks 750 feet. Breadth at entrance. 98 ft. #ins Depth on Centre of
Bill (EW.O.ST.) 64 TL. 6 InM,
THREE SLIPWATS - Capable of::Maglag, Bhign Up 16 4,860. Tane Displacement. CRANES
186 TUN: Electric Graze-at-Bea":1721,
far reach A70 of net. Hist
Ar gantry? Traveling. Cran
Wall-bertha
BRIDGE NOTES
(Continued from Page 2.)
by raising nominal wages, and to
In other words, the lead of an reassure the entrepreneur at the same time by allowing him higher honour shows the next higher hon profits, which increase costs and our in the leader's hand.
To old Whist players this will lower the mage-earner's capacity toj
seem deep-dyed hereny; even to buy his products.dk
the new ranks of Contract players The most important tendency of it will seem at first glanca, if not- the moment Is to push the banks downright silly, at least unneces towards more lively credit expan
sion. Bank examiners have to givers. Yet it, has more than the [one apparent advantage of practically a free hand to the banks eliminating the ambiguity of King- and the bank faHures, as every leads. And up to this moment no boily knows, were due largely to the serious disadvantage has been standards of those bank examiners brought to the writer's attention. not being strict enough.
Instead of a spectacular currency
GOING HOME ON LEAVE?
29
Europe and Return also Around the World.
Reduced Fares
Going via Canada Returning via Saex
or vice
Versa
1st Class From £168-6-6
Tourist From £141-4-0
Hong Shang Naga - Kong hai
Robe
Yoko
Ver- Honolulu conver
· hama
Victoria
Leave
Leave
Armys
Dec. 17
Steamers
Leave Arrive Leave Leave.
20 Jan, 22 Jan. 24
Empr. of Asia ..Nov. 10 Dec. 2 Dec. 4 Dec. 6 Dec.. 8 Empr. of Canada..Dec. 14 Dec. 18 Empr. of Rurale..Jan. 18 Jan. 18 Jan. Empr. of Japan. Jan. 29 Jan. 31 Empr. of Asia....Feb. 13 Feb. 16 Feb. Empr. of Canada..Feb. 26 Feb. 28 Empr. of Russia.Mar. 8 Mar. 10 Mar. Empr. of Japan..Mar. 22 Mar. 24 Empr. of Asia....Apr. 5 Apr. 7 Apr. Empr. of Canada ..Apr. 19 Apr. 21 Empr. of Russia..May 3 May 5 May
EMPRESS OF ASIA.
Dec. 19 Dec, 21 Dec. 28 Jan. 2 Feb. 2 Feb. 3 Feb. 6 Feb. 11 Feb. 16 Mar. 2 17 Feb. 19 Feb. 21
Mar. 3 Mar. 6 Mar, 12 Mar. 17 Mar. 26 Mar. 27 Mar. 29 Apr. 4 Apr 8 9 Apr. 11 Apr. 18 Apr. 20 Apr. 26 Apr. 24 Apr. 26 May 3. May 8. May 30 7. May 9 May 11
12 Mar. 14 Mar. 16
TO MANILA
EMPRESS OF CANADA
Travel Empress!
Enjoy every minute on a floating Palace.
Nov. 22 Dec. 7
Supreme Luxury
at Low Cost Congenial, Consmopol lan travelling companions International atmosphere, countless diversions
WORLD famous CUISINE
CANADIAN PACIFIC
Canton Agents: JARDINE, MATHESON & CO., LTD.'
THE
BLUE FUNNEL
LINE
REGULAR AND FAST
FREIGHT AND
SERVICES
PASSENGER SE
LONDON SERVICE.
SARPEDON
ACHILLES
LIVERPOOL
EUMAEUS
PYRRHUS
NEW YORK ADRASTUS
Sails 21 Nov. for Marzellles, London,
Rotterdam and Glasgow
28. Nov. for Carablenca, London, Rotterdam, Hamburg & Hull. SERVICE.
Saila 1st Dec. for Tripoll, Havre, Liver-
pool and Bromborough.
24th Dec. for Tripoli, Havre, Liverpool and Bromborough. SERVICE
Sails 16th Dec. for Boston, New York,
Philadelphia and Baltimore vis. Manila, Straits, Malabar Coast and-Suez.
PACIFIC SERVICE. (vis KOBE & YOKOHAMA). TINDAREUS
Sails 13th Dec, for Victoria, Vancouver
and Seattle.
INWARD SERVICE.
MEMNON TENDAREUS
PERSEUS
Dud 24th Nov. from UK. via Straits. 1st Dec. Izom Pacifs via Japan &
Shanghai,
8 Dec. from UK vin Straits Specially reduced fares are quoted for cargo steamers with limited, passenger accommodation
For freight, passage rates and information apply to
Butterfield & Swire,
Tel. 30881.:
ADRASTUS
"Agents"
1, Connaught Road, C.
TRAVEL A.-O. LINE
AUSTRALIA, Calling it Manila (P. Id.), Thursday Is, Cairnoj BRITISH STEAMERS: CHANGTE - TAIPING
inflation, the smoother working of compromise policy is likely to be bank credit expansion on the pre-tried, using Great Britain as sent monetary basis appears to be pattern: British financial prestige a likely aim of the policy to restore is restored again to an extent which might not please every thoughtful prosperity
Englishman. The rest of the world (especially America) thinks that The trouble is, however, that Great Britain is overcoming the good commercial risks in America, depression by some very shrewd Enjoy Your Short Lexie in Autisha and New Zealand, Hong Kong, Hydeep=19 Dayti as everywhere are hardly obtain new methods, and there is a `rent
with
Britain A Pattern
the
are so filled danger that this alleged "Threwd
Fing
that 'sub-|ness" may be overdone.
FASTEST and MOST UP-TO-DATE STRAMERS in THE SEXVICH;
SARASAREOPEN AIR SWIMMING POOLANTAR ELECTRIC LAUNDIT, BARBER SHOP, SURGEON STEWARDESS CARRIED.
new depreciation
already had
PALFING
FIRST CLASS FARE TO SYDNEY, £76 RETURN
*
LONDON (via Australia) (Australian Newspapers on file)
52M Yes Hong Kong-
$127.16.0
N
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