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Hat
So
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of style,
doing he secures advantage
quality and durability.
The
11
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11
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AGENTS 1
H. BACKHOUSE, LTD.
1. CHATIN BOAD
THE HONG KONG
ALLEGED SPEEDING IN KOWLOON.
SUMMONS DISMISSED.
POLICE INSPECTOR AND CHINESE DRIVER.
DAILY PRESS, TUESDAY, SEPTEMBER 17, 1929.
Mr. A. Brown, of the Hang"Kong Hotel Garage, and a Chinese driver, formerly employed by the Peninsula Hotel Garage, were be- fore Mr. T. S. Whyte-Smith At Kowloon Magistracy yesterday at the instance of Chief Inspector C. Aria. The summonses against the defendante were that they were driving cars No. 444 (red number) and No. 25 respectively in Chatham Road at 7.30 p.m. on August 11 in a reckless manner.
Both defendants pleaded not gailty.
Inspector Aria in evidence said. that he was walking down the Railway Bridge Hill in Chatham Road. It was about 7.30 p.m. on August 11. Mr. Brown' driving car No. 444 approached from the Kow. loon Football Club at high speed and witnees had to jump out of the way quickly. He estimated that the
car we travelling at about 35-40 m.p.h, "Almost immedi ately behind him a public vehicle No. 25 driven by the second defen- dant came up the hill from the same direction. This car WŁA going at the STIC rate as the former car. Both ears turned at
་= °
GOSSIP FROM THE SHARE MARKET.
?
BRISK TURNOVER REPORTED FOR THE WEEK: EWOS STILL SOARING UP.
..
FREE ADVICE FOR INVESTORS.
[By "KUFAN."]
Guasip often moves the miaršėt, but no investor should either buy or sell on market gossip only.
The feature of last week's business on the local "Rialto " was the decline in the price of Ewos during the middle of the week, followed by a sudden jump on Saturday, when prices between, Tin. 20 and Tis. 20.25 were paid for cash shares, and the day's business closed with demands for more sharee. I under stand the Shanghai rate was much higher, The local demand for ehares was quite heavy yesterday, but as this report deals with the activities of the local market during the inst week, I will leave yesterday's business out of it.
To say that those interested in Ewos are feverish over this rise in price would not be exaggerating the position, as since the announcement of the half-year's proft and the payment of the interim dividend of 40 canderines, shares have been rapidly amount, ing, and within two moathe have touched the mark set by, the more optimistic of those who dabble in the share market, Will Ewos go still higher No 18.25, and that during the middle doubt there will be a number of of the week Tis. 19 only was being believers in this stock, despite its paid. At the close of business on recent jump in value, and the feel. Saturday they frmed up to Tls. ing in the market is that prices will 20.25 locally. I understand that be maintained even if they do not shares actually changed hands at sour, which they should. If Ewes a little over this figure, and that can pay 40 canderinca interim divi- Shanghai was even paying a higher dend, it is reasoned, they should rate (Ts, 90.73 on Saturday). It pay a higher final; hence the constems that Ewon may rise etil Adence.
higher in view of the confidence Beride the interest in Ewes, shown in this stock. Needless to shares generally report a brisk add, a good deal of profit taking is turnover for the week in several going on, and I personally think local stocks, particularly in this sensible course to take. I Cements, Electrics, and Providents. do not wish it to be inferred that I think shares have touched their
"
•
HONG KONG BANKS: After a few shares had been sold at 81.930 during the early part of the week, a demand set in for this solid in- vestment, but sellers could, not be
the top of the hill into Gascogine found at $1,930, and I am afraid
Волі.
Mr. Brown put it to witnees that he was not standing in the middle of the road but was standing on the side walk. Witness denied this.
Mr. Brown submitted that it would be impossible for a car to negotiate the corner at the top of the hill at anything near a speed of as m.p.h. Inspector Aris replied that he slowed down to take the
corner.
Defendant'i Version.
more will have to be offered to
induce sellera to part with this
stock.
Am
zenith, but. I never against profit-taking.
REPLIES TO READERS.
the opportunity to seek free advice" Readers of this paper are given on any matter pertaining to the Hong Kong, Singapore or Shanghai stare market. Not only will the writer deal with shares listed in UNIONS are a very arm mar-three ports, but any question relat- ket, A few shares were sold at ing to custom and practice will be 8334. but it seems now almost im gladly answered, possible to get shares at this rate. Sellers would not look at $304 or even 8335, and on. Saturday I understand $336 was being offered for shares, but without tempting sellers.
AND
HONG KONG FIRES CHINA FIRES: These shares are being sought after at $750 and 8310 respectively.
Mr. Brown remarked to his Wor. ship that he was going out to theing the week at 8129, and more WHARVES changed hands dur New Territories to pick up a ear which had broken down. He had
ADVICE FOR INVESTORS.
READERS
LFC reminded that inquiries relating to the share market are answer- ed on page 10 every Tuesday by Kufan." Letters should be sent to this office, and must be accompanied by writer's and address, not for pohlication. Letters should be addressed to "Kufan," care of the Editor.
left instructions for the second defendant to follow him with the breakdown" gang,
He was only going at about 20 m.p.h. and re- 2ognised Inspector Aris from distance.
A
abares are wanted at this rate. * 4*
•
PROVIDENTS for some reason had a fairly sharp rise during the early part of the week. Shares changed hands at as high as $4.70 and $4.80, but eased off slightly before the end of the week, when sailers could be found at 84.63.
HONG KONG HOTELS improv ed during the week, and quite a number of ehares changed hands at
rates varying between $6.35 and $8.50. They fell away to a buying rate of 89, but at the close of busi- ness on Saturday 86.10 was offered for shares without any result,
LANDS have had a slight im-] provement and were done at Bel. They finished up with buyers at 800.75.
*
"
HUMPHREYS are wanted at 814.20 with few shares coming out
#
+
TRAMS: After a few small por- pole changed hands at $18.30 dur- His Worship asked Inspectoring the early part of the week they Aris how long after passing him. finished up with sellers at $15.90 the defendants slowed down to
and buyers
offering only $18.10... take the corner. Inspector Aris replied that they slowed down STAR FERRIES are wanted at about 10 to 15 feet before they got $0.75, and this stock looks a enfe to the carper.
buy at this rate.
The second defendant also said that he was travelling at only 20′ m.p.b. and that it was impossible for him to slow down from a speed of 35 m.p.b. within 15 feet of the corner to get around, .. Inspector Arie replied that it was quite pos- sible with good brakes such as defendant's car bad,
The second defendant went on to say "whenever Inspector Aris came the Peninsula Fiotal Gar- age he was very angry" The In- spector had complained to the clerk that his bill had been addressed to him as "Inspector Aris," and not as Chief Inspectur."
His Worship remarked that de fendant wae suggesting that Inspec- "tør" Aris had a spite against the Garage because of this. Defendant repeated that Inspector Arie came to the Garage and made a team- plaint.
Defendant then said that he could prove by the Garage books that he left the Garage five minutes after 3r. Brown and therefore he could not have been immediately behind Mr. Brown'e car..
Passenger's Evidence.
Mr. G. T. Gover, of the Peninsula Hotel, said that he was sitting be side Mr. Brown in the ear at the time. He estimated the speed at about 17-16 m.p.h. He did not look at the speedometer because they were not speeding. Inspector Aris was about 30 feet from the corner at Gascogine Road on the side- walk when witness first saw him. The car slowed down to take the
corner.
His Worship dismissed the sum- mons remarking that there was not sufficient evidence to convict.
·
*
ak
ד
CHINA LIGHTS are a doubtful number at the moment, as there are a good number of rumours going about and a result the stock has many supportere in the market on the one hand, and as many sellers waiting to unload the minute prices go up. Quite a num ber of shares changed hands during the week at rates varying between $12.50 and $12.75 for cash, but they finished up with sellers at $12.50, and it looks as if sellers are going to predominate for some time.
HONG KONG ELECTRICS im- proved during the week and a con- siderable business was done at rates varying between $0.50 and $62. Rumour has it that this Com. pany is going to spread its field of activities and this probably ex- plains why shares have firmed up. "Gossip often mover the market!'"
*
*
ROPES
came into the picture during the past week, after being neglected for a long time. A few shares changed hands at $7.90, and I understand there are further seller shares at this rate.
CEMENTS: A. eharp rise was 10- corded during the week, buyers paying se much as 89.55 at one stage, but the "fever" has since subsided, and towards the close shares could be obtained at 89.10 and buyers were only offering $9.7
EWOS: Shares touched the Tis. 20 mark on Saturday and rapidly went past it. I gather that quite a number of shares were sold to Shanghai during the week at rates varying between Tis. 19.20 and Tis.
Every step will be taken to en- sure as full and detailed a reply as possible, but no responsibility whatever is admitted by the writer. Those desiring to avail them. eelves of this offer must send their names and addresses with their queries, and it is requested that a gam-de-plume be included so that readers may identify the answers intended for them.
Acswers to correspondents who week are given below:- have sought advice during the past
WORRIED-You have only your. self to thank for your position. It appears that you have been inveigled into buying your hold." ings at top rates. I have repeat. edly stated that there is nothing in this stock, and feel sorry for you having missed this column. until recently. You want a con- idential reply, and also my out
poken advice. Here it is: Sell your heldings at once and cut your broker.
RECENT ROBBERY
AT SINCERE'S.
ACCUSED PLEADS GUILTY
AT SESSIONS.
APPEAL TO JUDGE,
"I know I have. done wrong, but I ask the Court not to ill-treat the second accused. He knows nothing abert it."
Words to this effect were address- ed by Tung Yee Hing to the Judge - at the Criminal Sessions yester terday after he had pleaded guilty to a charge of breaking into the premises of the Sineere Company.
The crime was committed on the night of July 25-20, and the ac cused was charged with breaking into the shop and also with lar ceay. The · · latter charge was dropped on his pleading guilty to the first count. The plea made by the accused" was in regard to the second prisoner, Yuen Ping Chung, who was charged with receiving stolen goods.
Mr. H. K. Holmes, Crown Solici. tor, told his Lordship that 84,500 worth of jade articles were stolen, but all had been recovered with the exception of $200 worth.
In pleading guilty, the first ac- coverd said that he came to Hong Kong with a friend who left him here. He had no intention of stealing. He then spoke as stated on behalf of his fellow prisoner.
Addressing the prisoner (Tung Yee Hing), Mr. Justice Wood said that he entered the shop and broke open several cases, stealing there from a quantity of jewellery in cluding jade articles.
The Ben- tence would be three years with hard labour.
ECZEMA IN RASH ON BABY
Covered Head and Face. Healed by Cuticura.
"My baby had ocrezan break out on his head and face in a rash. The irritation got worse, the eruptions breaking out and completely covering his head and lacs. We had to band- age his face and head and cur his hair off. The child was unable to sleep many minutes at a time, night of day, on account of the irritation, "A friend recommended CuricurR Soap and Ointment so we’purchased a box of Ointment and a tablet of
· Boap and in a few days the cruptions dried up. He was head." (Signed) Mrs. A. Dolland, 31, Asfordby St Nr. Evington, Leicester, Eng.
Cuticura Soap, Ointment and Thi- cum are ideal for daily toilet uses. Sample cach Soap, Olotment and Talcum free upon request from Dayton, Price & Company, 128. P. O. Bex 650, Shanghai, Bold Throughout the World.
THERE'S A LONG, LONG TRAIL
of
Bugs, Fleas, Flies, Beetles, Mosquitoes,
etc..
all hilled by
KEATING'S
BRITISH
KADE
JUDGE COMMENDS A COOLIE.
ARMED ROBBER.
The second prisoner, Yuen Ping | ASSISTANCE IN ARRESTING Chung, having pleaded not guilty to the charge of receiving stolen property, his trial was adjourned until 10.30 a.m. to-day.
ARMY CONTRACTOR
ROBBED.
$1,800 STOLEN FROM A
SAFE.
AN ASSISTANT SUSPECTED.
A theft of $1,000 in money has been reported to the police by Mr. Shadi Ial, an Indian regimental contractor who has a store at Whit field Barracks, Kowloon."
FATALIST-Your conviction, fortu. nately for you, have turned out proftably, as the London quota tions that I bave seen show a handsome profit. Whatever you! feelings are in the matter, I am of the opinion that a handsome profit is something which should Bot be allowed to go by. REDEEMED Why hesitate auy the same evening. In the afternoon longer? A hundred shares pur Mr. Lal was outside for a few chased immediately will prove to
14
It appears that the theft occurred after 2 p.m. on Sunday, but it was not detected until about 9 o'clock
portunity to open the safe with the key and extract the money,
be a sound profit-bearing invest minutes, having left the key of the ment. The least that you may safe on his office table. Apparently expect is a regular dividend. The advantage was taken of the op- bulk of shares of this Company are held by people who are not gamblers" in the vulgar sense. FREDDIE 1. The Company you A Chinese clerk employed as an
mention is a private limited con- cern, and I cannot tell you any assistant at the store is suspected. thing at all about it. Sorry! 2, His lodgings at 293, Temple Street, If the name you mention is cor rect, I don't think you can go
first floor, were subsequently looked far wrong. Why not have up, but the man had absconded. straightforward chat with this Investigations are being made by man and get all the particulars the police.
direct 1
11
от
TRADING JUNK PIRATED.
FOXI ESCAPES TO TELL
THE STORY.
At the Criminal Sessions yester- day. Wong Yee Him, who was ac- eused of assault and attempted. robbery at 7, Kiu Yiu Fong, to- gether with other persons knowa, pleaded guilty to charge.
Un-
the
His Lordship then addressed Li Lum, a Sanitary Department coo- lie as follows:-
A whistle
"I see from the record in the Police Court that you were in- strumental in arresting this man. It appears that you were in your quarters and heard blown in the neighbourhood. You looked out, saw this man, and found reason to suspect him. You then followed him for a consider- able distance" and when you came to some more employees of the Sanitary Department, with their assistance, you arrested him and: he threw away a knife. You have. acted in a very prompt and 'credi- table manner.
Accused
was sentenced to un- dergo three years with hard labour.
PITS OF DEAD BODIES.
FAMINE TRAGEDIES IN SHENSI,
Sianfu. Every one of the 92 dis- tricts of the province of Shensi is Buffering from famine and people are dying everywhere of starva- tion. Nineteen congee stations and 14 concentration camps have been established in Sianfu alone, and yet at least 100 persons die of starvation daily in the city.
Nothing can be more pathetic. and heart-breaking to witness than the long lines of famine sufferers. waiting for days before the congre stations, many lying lifeless on the ground before they obtained the scanty ration.
L.LLI held my breath as I read your letter. What fantastic ideas some gossipers entertain! Surely you don't mean to tell me that you want to hear from me before- you cast aside auch rubbishy talk with scorn? What's wrong with the present concern? SIMP-Every week someone
other asks me the same thing in perhaps a different form, and this According to a report made to week 1 have to be quite frank:- the Police by a Chinese junk foki, It is a risky thing to do, and I
Hong Kong trading junk which am against it. It is quite, cor- rect to say that shares will not left here for Macao on Saturday go down, but don't you realiao night, was pirited when almost that if they did, poncone else within sight of Macno. The pirates will have to pay You suggest instalments. Would you accept were in a launch and after firing a Children are often left on the instalments if you had rome valley of shots from small frearms, money due you in December ou managed to board the junk. which you depended? If you must
buy shares, don't listen to d After a thorough search, the
talk about your credit being good pirates took three members of the for such and such an amount, junk's crew onto their launch and Just keep within your means towed the junk away in the direc Regarding your second question,
The faki, who escaped to make the report said that he jumped into
Unbearable Torture, Thousands in other districts who could not bear the torture of hun- ger ended their lives by taking poison or drowned themselves.
ronds, starving and crying by their dead parente. Many were put to death by their parents just to save them from the suffering.
The Wan Jen (10,000 people) Pits" in many districts are al dead bodies are often seen in the ready filled up with corpses, while
streets.
I should say that the local mar tion of Macao, ** ket is "steady." I won't go
Houses were pulled down by the beyond that.
starving people and the wood. YZ-1. Your position noted. 2
obtained therefrom was exchanged It would be casier to tell you the water as the pirates were for one day's meal which is hard- you hold quite a number of shares afloat antil rescued by a fishing and the cheapest grain is market- what not to buy, as I understand boarding and managed to keep ly worth 60 or 70 cents.
One pieul of barley costs $78, in different companies. If you
want my advice at any time on junk. He was taken to Macag anded at 860 per picul. It is for be investments you intend to make; later came to Hong Kong. He told yond the starving people's means. just send me a chit. Of course, the authorities that some of the to purchase enough food to keep if anything goodie_"floating
The autumn- themselves alive. around," you and other readers pirates wore what appeared to be erop is a failure and seeds are
Chinese sailors' uniform.
"nowhere to be obtained.
will read of it in this column,
No comments yet.
Private notes are available after approval.