1927-07-11 — Page 2

Jubory Pe For Expo

JUST ARRIVED

A SHIPMENT OF

TUBORG BEER

Purveyors to

The Royal Danish Court

The most popular Danish Beer

on the Market.

6 doz. pts... $21.40 duty paid.

Sole Agents

GANDE, PRICE & CO., LTD.,

Wine and Spirit Merchants. St. George's Buildings, No. 2, Ice House Street, Tel. Central No. 185.

Hong Kong

[183

GREEN ISLAND CEMENT CO., LTD.

Best Portland Cement.

SHEWAN, TOMES & CO.

GENERAL MANAGERS,

HONGKONG,

OFFICE ACCOMMODATION ST. GEORGE'S BUILDING. CHATER ROAD.

Available for immediate occupation at reduced Fontal TWO (OR THREE) LARGE OFFICE ROOMS on the 3rd floor of St. George's Building, overlooking harbour.

Apply in the first instance to the Secretary, HONG KONG ENGINEERING & CONSTRUCTION CO., LTD. Telephone-Central 4581 (two Imes).

SOUTH MANCHURIA RAILWAY

SUMMER HOLIDAY

RESORTS

IN

SOUTH MANOHURIA

THE HONG KONG DAILY PRESS, MONDAY, JULY 11th, 1927.

HOSHIGAURA.---Finest Beastde Summer Holiday Resort in North Quina -

Five miles from Dairen, bat sopassted with the city by special motor and car- riage road and electric iramway. Yamato Hotel (55 rooms) and 18 farukhed bengalows in charming all garden. Bathing, Banting, Meting, Dell, Tennis,

Orchestra twice a week. Captek place for children OGONDAL.-Most beautiful and seleut Burside Resort me Far Eogs. Two miles from Port Arthar. Formerly the Summer Hesort of the high Russian officers and officials. Yamato Hstol and 10 villas and bungalows, mostly with detached servante quarters. Excoll at Bathing, Woutertul Soomery, Historio Battlefields, Ruined and Dlemantled Forir, Miler of harming Walks and Drives. Abandsat Pionicing Faclities. Orohnews twice a wock. Best pleas for high-class families.

PORT ARTHUR.-Fatons for its two memorable Sieges and its beautiful Iandiooked Harbour. Exactly one hour's journey from Dairen by express train. Yamato Hotel (14 rooms). Baffiolent place of historical and scenic interest to all a month with fresh walk or drive every day. Most healthy and salubrious spot in the Far East.

A under the direct management of the SOUTH MANCHURIA RAILWAY CO

Illustrated Bookleta and all Information post free on request,

Applications may be sent to the Hotel Managers at the various resorțe or to

THE SUPERINTENDENT OF HOTELS, Traffio Departmen Cable Add.. Mastersu, or Sur00, SOUTH MANCHURIA RAILWAY. Dairen

Ondes : A.B.0, 5th & 6th Ed., A1, Lieber's and Bentley's: ·

When she needs touch of colour

she uses

The Woman who

motors

knows the value of

HAZELINE

''HAZELINE'

(Trade Mark)

ROSE FROST"

Both in glass pote

{Trade Marki

SNOW

Applied to the face before starting, it prevents dust entering the pores of the skin. On arrival, another application removes all traces of the journey.

Alf Chemists and Stores

BURROUGHS WELLCOME & Co.

(PROPRIKVORs) The WellCOME FOUNDATION GTB., LONDON, Exo.)

LONDON AND SHANGH1 A 3

All Wighta Usonomast

WORLD FINANCE.

ACROSS THE ATLANTIC?

BANKERS CONFERRING AT NEW YORK.

LEVINE'S CHALLENGE TO BYRD.

CHAMBERLIN IN ENGLAND..

MAY STABILISE THE FRANC.

[REUTER'S AMERICAN SERVICE]

NEW YORK, July 8th. The huge stocks of gold held in America are the abject of dis eussion at a conference at Washing ton among loading European and American bankers.

Mr. Montagu Norman (Bank of England), Herr Schacht (Ger many), Mr. Strong (United States), and M. ist (France), are the delegates.

It is understood that the agenda includes the depositing of a portion of the Federal Reserve Bank's gold stocks with the Bank of England, the Banque de France, and other

European issuing banks.

The New Fork Tinies predicts that the paleome of the conference will be the restoration of, the gold standard in France, and the con | sequent stabilisation of the franc,

Oficial Statement.

New Youx, Later. An official statement with regard to the conference of bankers by the Federal Reserve Bank devlaros there has been no discussion of any reparation question,, nor of stabi- lisation of the French franc,

[THROUGH REUTER'S AGENCY.]

LONDON, July 8th. The trans-Atlantic fliers Cham- berlin and Levine flew from Paris to Croydon in the Miss Colum. bit."

The former on arrival hugged his aged mother and baby nephew. Chambertin was, officially welcomed by the Civil Aviation Department of the Aero Club, but will stay with his mother, who'

had not seen him for seven years.

The Municipality of Wembley, where his mother lives, is giving a dinner to the

airmen. The

aeroplane

carried Drouhin, the French pilot who is shortly to attempt the l'aria-New York flight with Levine in, the "Miss Columbia."

Also

Levine's arrival was unexpected, in view of rumours of a disagree ment between him and Chamberlin regarding Levine's challenge to Conde. Byrd to race back across the Atlantic.

Apparently Levine associated Chamberlin's name in the challenge, which Chamberlin haa repudiated, as he does not intend to fly back..

The time of the conference hither-

BRITISH LABOUR PARTY, to has been devoted mainly to an exchange of views with regard to

POST OFFICE WORKERS financial and economio matters, the policies of issuing banks, and

(THROUGH' REUTER'S AGENCY.] similar subjects, naturally includ- ing the operation of the so-called

LONDON, July sth. gold exchange standard, exponsive

The Union of Post Office Workers shipments of gold, purchasing has censed to be affiliated to the power of gold, and various pro-Labour Party. posals to promote closer co-opera-

tion.

BIG MATCH COMBINE.

SOVIET WASTING MONEY-BRYANT AND MAY AND THE

CONDEMNATION FROM- BRITISH LABOUR LEADER

Mr. J.

THROUGH REUTER'S AGENCY.]

LONDON, July 8th. H. Thomas, at the National Union of Railwaymen's conference, vigorously condemned Soviet attempts to dictate to British workers, and said the Russians were subsidising people without in- fluence, and wasting money.

They must stop this foolish, in- sane and absurd method, and realise that Communist propaganda will tot divert the great mass of Britain's workers from following the constitutional path in order to effect the social changes required.

CONDITIONS IN INDIA,

OFFICIAL STATEMENT.

[HRITISH WIRELESS_BERVICE. J.

Ruony, July 8th.

tho. Under

Lord Winterton, Secretary for India, speaking on the India Office vote in the House of Commons to-day, said many people did not realise the extent to which the local government in Indin was in the hands of Indians themselves, without official control. This right to manage their own ro: affairs had greatly increased in the last five years. Economic condi- tions had improved. Primary education was making great strides, and in the Punjab the number of pupils in the schools had increased in the last four years by nearly 400,000 to a total enrolment of over 900,000.

The programme of new railway Construction covered 5,000 miles. Last year £7,000,000 worth of rail. way stores were bought in-Britain in open competition with several continental countries.

There had been considerable im provement in the conditions of labour, and India was one of the few countries that had ratified the Washington eight hours convention,

ROYAL TOURISTS.

RECEPTION AT WEST-

MINSTER..

[BRITISH WIRELESS SERVICE.]

Ruday, July 8th. Many Ministers and ex-Ministers, together with members of both Houses of Parliament, and severni members of the Dominion Parlia menta,, were present at a reception given in Westminster, Hall to-day by the Empire Parliamentary Association to meet the Duke and Duchess of York, on their return" from their recent tour.

DR. HINDLE, HONOURED.

FOR TROPICAL DISEASE RESEARCH.

[THROUGH REUTER'S AGENCY.]

SWEDISH MATCH CO.

(THROUGH REUTER'S AGENCY.]

LONDON, July 9th. -

It is announced that Messrs. Bryant and May, Limited, and the Swedish Match Company have ar rive at a provisional agreement with the object of securing identi fieation of their interests in the British Empire and elsewhere than Asin, and unking, reciprocal ar- rangements in offer put ef the world.

The agreement provides for the formation of a new company, to acquire the ordinary shares Bryant and May and the interests of the Swedish Match Company all over the British Empire. -

The capital of the company will i €8,000,000 in pound sterling

shares.

SALE OF OLD MASTERS. £138,000 REALISED.

(ARITISH WIRELESS SERVICE)

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

JULY 9TH, 1927: 5.K. Bank

.............................................$1,070 nom D

London...15 nom. Chartered Bank...........£20 nom. Mercantile Bank, A. &B...£30) noin,

Do

O...£13 Hom. P. & O. Bank

D ...£9 buy. East Asia Bank....303 nom, Canton Losumoco.........$820 sel. China Underwriters.......do num. North China Ine. Tle. 148 buy, Onion Insurance | 3276 buy,290 Nal, 279 HD. Yangtzzo Insurance......M. $40 non China Fire insurance810

buy! Hong Kong Fire Lue. 8600 sel Donglaser....... .8314 bur. Steamboate

sel. $1.10 nom.

Indo-Ubinas (Prof.)....SU nem. Hong Kong Tags

Shall

10, (Det.) Star Fransporte Waterlonts.. China Sugars. Malabon Bugars Benguetser Radau Mining Ad..... Langkata (combined)..

03/- nom.

BLUE FUNNEL LINE

SUMMER CRUISES 1927

To Shanghai, Tsingtau, Wei-Hai-Wei, Taku (for Tientsin & Peking), Dairou and retarn to Hong Kong.

$16 bug.

$52

Loayo Hong Kong

$10.50 buy.

Arrive Shougani

Leave Bluanghai

Arrivo Tsingtao

Leave Thingto

***

Arrive Wailiniwei

Leare Weihaiwei

813 l 332 noma. $1,70 buy. .40;-buy.

Tis. 19 nom. Tis. 9 non.

Do. (single) 8'has. Explorations...Tla. 3 buy, Shanghai Loans.

Tis. 61 nou Baubs

Tronoh Mines Oral Caspians H.K. & K. Whorf's ALK & W. Dooks..........

Hongkow Now

Now Engineerings... Shanghai Docks H.K. & S. Hotels HK.

Lands

19/3 uom. 8/- nom.

bay.

$108 $38 nom. Tla. 147 buy. Tis, 51 nom. lis, 97 nom.

$6,90 eu

$55; now.

603. Hong Kong Realtys.... B.K. Turatorinia ...... $120. Humphreys Hetates......Siz mo Prince's Buildings..... $89 nom. Rural Ewa Cotuous.

Lands.....

tnom.

7.85 дові. Orientale...........

Cottons

Shangha

****** Tls, 2.10 nom. (oli)...Th. 6 nom,

Do. (wow)...... T. 254 now.

1. 7 bay,

China Buses

K. Tramways

..$40.55 buy.

Peak Trams (old) ......$15 sel.

Da. new) sel. Singapore Tractions......!

..10/9

may

Taxis........

..$1 num. Antueшenta

819 buy, 191 sa. Coments (combined)......87 sel.. Cautan Ices

..85 nom.

Do.. (old) ......$6.60 non. -DG. Chins Light(comb.......313g sel.

(new)......$1 vel.

(The) ......$10 mur, (NW).87 now

Do. Ju

China Providents Construojo7.30 sel Dairy Farms

1.30 el.

$15 no Su noin.

So buy, & sa. ..$37 buy..

10 noma.

.85 nom.

.87 Bvl

Der A Wings ...... HK. Bloctrica Масо

Electrics... of HK. Ropez (old) ....

Do. (DOW) Lane Crawfords. Mackintoshs... Oxited Asbestos. Sinceres

дот. Watsons (old).......

$tu nom,

$11 now. Wa, Powells....... 36 num. Telephones.......$3.70 nom.

RUGBY, July 8th, In less than an hour, twenty-nine pictures were sold for £136,000 at Christie's this afternoon.

Turner

.819) com.

huy-buyers; eet-ellors:

nom.—aɔurinal

EXCHANGE RATES. [BRITISH WIRELESS SERVICE.]

Arrive Chefos Leave Chefon Arrive Taku Har (for Tientsin & Peking) Leave Tak u Bar

Ohingwangtao

Arrive

Leave Chingwangtoo Arrive Dairea Lea Taka Bar

Dairen

trive

Leave Taku Bar Arriva Weihaiwal A Weihaiwei Leave Arrivo

Love tao

Arrive Shanghai Leave Shanghai Arrive Hong Kong

"ANTENOR" HECTOR' "ABNEAS'

11,174 ions. 11,198 tons. 10,058 tons.

(**

July 22nd

Aug. 26th

Sopt. 28th

25th

27th

29th

29th 3181 Sept. 2nd

Oct. 1st

6th

29th

fnd

30th

2rd

PAR

Roth

3rd

30th

81et

Aug. 1st

--4th

8th

4th

9th

Eth

9th

10th

9th

18th

15th

19th

10:b

Ang. th

20th

18th

21st

19th

10th

21st

19th

11th

"nd

20th

12th

23rd

1st

14th

25th

20th Octe Iat

22ad

28th

23rd

4th

3lat

- - - 1 2 - - - - - *

For Further Particulars, Apply to:---

BUTTERFIELD & SWIRE,

AGENTS.

Telephone Central 36.

EXCHANGE.

CLOSING QUOTATIONS.

ON LONDON.

Jul 9th, 1927.

1/11

Telegraphie Transfer

Bank Bille, on doraand

Bank Bills, st 80 days' sight 4 months'

Bank Bills, at

sight Crodite, at-4

months

Documentary Bills, months' sight.

ON PARIS

Credits, at

ON BOMBAT

1/11 16/16

2/01

eight 2/0 15/18

dits, at 60 days sight... Telegraphic Traunfar

Barak

Bille,

Sa Bills,

on demand...

on demand

Bank Bills, on demani Credits, 4 months' sight ON N Hills, on demand

Bank

1,235 1,810

493

– 5

1333

ON

Transfer...

Bank

1382

Ruder, July 8th.

124

Bank

LOS BRANG&1.-*-..

at sight

34.92

12.117

20.49

ON

On demand

Copenhagen Vienna Helsingfors

18.16

34.50

ON BATAVIA,-On demand

On demand...

97

120

1927

,2.7/10

770

478

Paris romp fetched £31,000. One of the A Rembrandt portrait of Admiral

Brussels Amsterdam small

Berlin pictures fetched 30,450. 19,425, and a Romney portrait for AReynolds portrait sold for

£17,850.

The pictures consisted of the James Ross collection, brought from

Canada for sale in London.

MR. HENRY FORD AND JEWS.

MOTOR MAGNATE

APOLOGISES."

[REUTER'S AMERICAN SERVICE. Į

Bays

New York, July 8th. The New Fork America that Mr. Henry Ford has issued an apology for any aspersions on Jews in his paper the Dearborn Indeyen- dent,

He has disclaimed all knowledge of the details thereof, and his ordered a discontinuance of the attnek.

An Offer Rejected.

The paper states that Mr. Ford has rejected an offer by Mr. Hearst of a million dollars for the

Dearborn Indeprudent-

SACCO-VANZETTI SENTENCE.

ANOTHER PROTEST.

[REUIAR'S AMERICAN SERVICE]

New YORK, July 8th. Approximately half a million workers participated in an hour'e strike as a protest against the death sentence on Sacco and Vanzetti.

The police broke up a meeting of fur workers, and arrested half a dozen.

AMBASSADOR RESIGNS.

U.S. REPRESENTATIVE IN MEXICO.

LONDON, July 8th." Dr. Edward Hindle has been elected to the Beit Senior Fellow ship for research in tropical medi cine, of a value of £1,000 for five Feurs, in respect of the subject of Spirochaetosis, with special refer- ence to the causation of yellow fever."

Edward Hindle, Ph.D., FR.S., etc., has been during the past two years employed in the Kala-azar Commission's research It is stated that he returned to

· [Dr.

work in North China. He is one

(REUTER'S AMERICAN SERVICE)

RAPID CITY, July 8th. The United States Ambassador to Mexico has resigned.

his post a year ago against his own

of the most distinguished Anglo- wishes, at the request of President American biologists of the day.] Coolidge.

-Lisbon Bucharest Buenos Aires Shanghai Yokohama New York Geneva Milin Stockholm Oslo

Prague

Madrid Athens

Bonav

Riu

Hong Kong ...

30 days sight... nom

ON YOKOHAMA,On demand... 101

ON SINGAPORE,—ON |

OB HAY PEORG.On demand... Bu, ON SAIGON-On demand ON BANGKOK-Ou demand ROVEREIGN, Bank's Buying rate 89.70 GOLD LEAF, 100 five, per tal.. .1/17.11/32 BAR Silver, par oz.

4.85.17/32 25.22

69.10

18.13

18.77

183

28.57h

304)

5.27/32

1453

2/04

Silver spot & forward 253

251

VER MALF A CENTURY REPUTATION

LIVER AXIONEYS ? INVALUANDH FOr Dinnarm ol, these IsrozzáNYĂ J. ORGANN, GRÁFUL, BACKAGAN, Goy, ResumZTIDĖ. Pain: .Leading Omatters, our Post Fre

Em Olsen, Go, Haverstock 140 N.W. London,

VEG. APERIEN

BR. LECLERC'S LE FOR THE

D.LECLERC'S LL. Prie &

DB. LE CLERG'S ALLT 40

ANAMIA. Frien

AYRJEND REAABLE FOR LADZEN ARMENIA DR. LE CLERG'S SOAP, 1. or d Zahint

RTIN'S

MARTILLS

APIOL & STEEL

Sure and certain for all Female complants. Every lady should keep a box in the house,

Chemists and Stores sell they throughout the world. Proprietor:

MARTIN, Chenil, Southampion, England;

FOR EUROPE AND AMERICA, INDIA, AUSTRALIA, &c.

Comprchassive and Complete Report of the

NEWS OF THE FAR EAST

la given in the "HONG KONG WEEKLY PRESS."

with which is incorporated "THE CHINA OVERLAND TRADE REPORT."

30 Cents per Copy.

Subscription, paid in advance—#19 per annum for delivery in Hong Kong: including Postage to any part of the world-#18.

nole.

Paste Distemper

THE COLOURWASH IN 24 ART SHADES

For over 150 YEARS the W. E. & C. nằme has stood fer VARNISHES & PAINTS thai

inexpensive bus never akdag

Agenta t

S. C. LAY

Alexandra

CO Building Telephone Central 763

CLARK

WILKINSON, HEYWOOD

SHANGHAI-HONGKONG