1929-11-21 — Page 10

10

JAVA-CHINA-JAPAN-

JCJL

by York. Building.

Hongkong)

THE HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 21, 1929.

Money and Markets

LIJN.

HONG KONG SHARES.

THE SLUMP IN EWOS.

Tel.

Tel. Central 1571.

REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG, AMOY, SHANGHAI, MANILA AND THE DUTCH EAST INDIES.

SOUTH BOUND.

STEAMERS,

Fox

EXPECTED ON OF ABOUT

WILL LEAVE ON

Fos

TJIKARANG

TJISALAK

Suai. & Axor 28th Nov, 30th Nov.

Noon

BATAVIA

Axor

lat Dec

3rd Dec. MANILA, M'ISAR,

Noon

SENARAIA

NORTH BOUND.

STEAMERS

FROM

TJISALAK

IJIBADAK MISAROKA TJISONDARI

EXPECTED

WILL LEATE ON OK ABOUT

ON OF ABOUT

JAVA.MAX 15MAR 22nd Nov. BATAVIA 27th Nov. Jaya, Makassar 6th Des.

BATAVIA

7th Dec.

FOR

25th Nov, SWAZOW & AMOT 27th Nov, ¦Axov & S′nal.

8th Deo, SWATOW & AMUT 7th Dec. Axor & S'xai. ́

JAVA.

THE TROPICAL GARDEN OF EDEN.

Follow this flag on the comfortable steamers of the JAVA-CHINA-JAPAN LIJN. to JAVA. Gorgeous motoring along hundreds of miles of Asphalt ronds.

Famous Botanical Gardens of BUITENZORG, Smouldering Volcanoes.

Ancient Hindu Burubudur and Mendut Temples.

Native Art and Art Craft.-Numerous cool Mountain resorts 3,000-6,300 feet altitude.

A round-trip that takes 3 to 4 weeks to be remembered for a life-time.

For particulars apply to :-

JAVA-CHINA-JAPAN ·LIJN.

Agents —

ROYAL NETHERLANDS INDIES AIRLINES, LTD. York Building.

BARBER

BAPSE

WRNEKKER LINE

EXPRESS

FAXAMA

SERVICE

Telephone C. 1574.

1575. 1555.

WILHELMSEN LINE.

THE PREMIER ÁLL WATER ROUTE TO NEW YORK and other U.S. Atlantic Porta via Panama.

All restels call at SAN FRANCISCO and LOS ANGELES

en route.

Passengers desiring to travel by this interesting route' will find the accommodation provided well up to their expectations, and at a cost most reasonable.

42 Days To New York

For Passenger and Freight information please apply :-

DODWELL & CO., LTD.

lephon

MID-WEEK REPORT,

Messrs. Harry O. Odell & Co., stock and sharebrokers, report:-

Thore is very little change to re- eard for the paat week; the market remaining quiet.

Although prices in general have sagged to a certain extent, a sharp rally in the near future is not un likely, and intending investors would be well advised to come into the market at the present.

Banks. Were dealt in, earlier on, at $1,355, but have since become more or less neglected.

Unions. Attracted very little at- tention, a few small transactions having been reported at 8360"and

8058.

Canton Insurance.-Continue in demand at $805.

Hong Kong Fires.-Have sellers at 8815, with buyers offering 3800.

Underwriters. Are available at

with probable buyers at 89.10. Steamboats.-Were done at 8201, Wharves.Hove been entirely neglected, with the rate standing at $147 nominal..

Docks, Continued their down ward tendency and have now reced ed to as low as $34, at which rate sales have been effected,

Providents. A fairly large num ber of shares changed hands from *3.30 down to 85.20, the market closing at $3.20 buyers and $51, sellers.

Hetela-Are on offer at 810.60 and can probably be placed at 8103.

Lands. After having been done at 16, there are further sellers at this figure...

14

INTERESTING LETTER TO SHANGHAI PAPER.

In view of the large number of holders of Ewas in Hong Kong, the following letter appearing in the Correspondence columus of a Shanghai paper might prove inter-- esting to local shareholders:-.

Sin-What is the true position in regard to Ewas? A question which interests a considerable sec tion of the local community and not a few in outports.

Why have they receded to the present ridiculously low level In your daily comments on the activi- ties of the Shanghai Stock Ex- change you have put forward many reasons, mostly irrelevant, for the fall in Ewos, except the true real son, although it must be well known to you vi The "Bear" tactics of certain brokers notorious at this game. To those unfami- liar with the workings of the Stock Exchange let me explain that when a broker sells shares on the Ex- change, he is not required to give the numbers of his share scrip. This allows a broker to sell shares which he does not possess and by fooding the market with shares, he can "under certain conditions de If legitimate press the market. buyers are in the majority, the shares which a broker is selling short are taken up and the market However, these "Bears" see to it price is, therefore, maintained.

that their sales go into the hands

IMPORTS-PRICES

CURRENT.

The reports and prices are published ma upplied by Importers, and the Chamber of Commerce cannot accept responsibility for the accuracy thereof.

"

Metais.

· Marketstrong upward tundancy. Stocks low. ISON AND STILL:-

QUOTATIONS.

---Continental.

Steel Naul Rode... per picul $5.40 Steel Bars

Anglos Red

4.00 4,80 5.30. 4.00

9.60

5,40

12.00 5.30 *B.25 12.25

Joists Shoots" Fator Swedish Bars Small mad rods Hoops, black steel galvanized Black Tubes /

Galv. Tabor

Stana

Tubes

1/6/

Discount 72% c.44

6% c.&

H

141

6.03.

BRITISHER'S SUICIDE

་་

POISON "EASILY

PROCURABLE.”

CORONER'S COMMENT,

.Inquiry into the circumstances

TO-DAY'S WIRELESS

PROGRAMME.

BROADCAST BY Z.B.W. ON

250 METRES.

11 to 11.30a.m.-Commercial news. 12.30 to 1.30 p.m.-Demonstration

programme, 143 p.m.-Weather report. surrounding the death on oven-3 to 7pm.-Programme of Colum ber of Mr. Harry Bickerton, bia recorde supplied by Messrs. British businessman residing at

Anderson Music Company, 101, Avenue Road, Shanghai, was concluded at the British Police Court, hefore Mr. . . Morris, sitting as coroner.

After hearing the testimony of the physician who certified. Mx, Bickerton's death, and examination of acquaintances of the deceased and Chinese houseboys, Mr. Morris registered a verdict that death was "due to virulent poisoning, well- administered while temporarily in-

Inc."

on

Dr. J. E. Murray, of Drs. May- Wire Nails, 11-3

shall and partners, Hong Kong & Galvanized corrugated shta.,

Shanghai Bank Building," said that 34/20...

per 100 lbs. 21G$8.03 | he had found Mr. Bickerton dead Galvanized Aat sheets, 1/32",

in his rooms about 2 p.m. 1/04 ... per 100 lb. 200$0.40 November 4, the smell of potassium Gaimaized 5/32424x9 per th $11.75 cyanide being distinctly noticeable. Galvanized wire 18/ por pioul 12.40 The contents of a glass containing TRADIC

British some white powder, together with $16.00 the organs of the deceased, were

BJ, Spot

To arrive Australian-B.H.P., Spor

"To arrive

TIN PLATES:-→

perber

17220

17,20 sent to the Municipal Health De- 17.50 partment for analyeis, the verdict being that potassium cyanide was present in considerable quantity.

Pencilled Note,

11,00 1180

English 1.0.W., 207 x 147,

100 lb. Spot English I.C.W, To arrive. " English LC.W, 1817 × 19”, -

110 lbs. Spot English I.C.W., To arrive » 1120 Continent,

11,50

Wurtz ROSE BRAND Cours BRAND

American I.C.W. (Spot) 20" x 14"

100 lbs., 112 shoata... per box 13.00 American I.C.W.To arrive 207x14"

100 lbs., 119 sheets... per box 13.20

Patroleum Products.

British ...per case $4,0%

Lock

JJ

EABLE BRAND

SOCONT MOTOR GASOLEME... per SILVER LIGHT CROWN BRAND...

69 Iba, per

મ

Mrs. A. Quinell, staying at the same house as Mr. Bickerton, testi- fied that she bad seon him dead in his rooms on November 4, after being summoned by a Chinese room boy. She advised her husband and naked him to obtain medical assist- ance.

..

"Gaiety Echoes, Part 1 and "

(Caryll and Monekton), Glassien, Selection, Part 1 and " (Organ Solo by Quentin M. Mnelena).

Rom-

"Mignon-Introduction et

1

ance" and "Mignon-Polo. naise (A Thomas), J, H. Squire, Celeste Octot, Otherwise She's Mother's Kind uf Girl" and "A Tale of Other Times-Monologue" (Squiers and Barker, N. Long and L Pounds).

The New Moon-The Girl of the Prow" (Hammerstein and Rom. ;berg).

The New Moon-Wanting You" (Hammerstein and Romberg). Faust-La Kermesse" and "Faust --Soldiers' Chorus " (Gounod), Chorus and Orehestra of the Theatre National De L'Opera, Paris.

Toccata" (Glyout). "Toccata " (Boellmann).

1

to

Отход Solo by Edouard Commette. "Schubertiana-Part

4" (Schubert), Herman Finck and his Orchestra. "Two Eyes of Grey""(Daisy

McGooch),

I Love The Moon" (Paul A, Rubens), J. H. Squire, Celeste Octet.

"Good" News-Selection,, Part 1 and 9" (de Sylva, Brown and Henderson). Debroy Somers Band..

Indian Quees, Folk Dance," Helston Furry Progessional, Folk Dance" (Wireless Military

Band).

"Pleading (Morceau de Concert)".

(Haydn Wood),

Mr. Alfred George Quinell, Assist not Manager of the Stadium, con curred in his wife's testimony, and added that he had found a pencilled 383

note in Mr. Bickerton's handwrit." 2.tins 3,50

He *per balk 3.00ing on a desk in his rooms.

820 had known that Mr. Bickerton had 8.89 been out of work for a considerable 2.80 time, but never heard him threaten

Sub Inspector R. Tabrum, of Babbling Well Police Station, told "Mr. Morris that be- cause of information he received from Mr. Quinell, he went to. 101, Avenue Road; and found Mr. Bickerton dead in bed.

Humphreya.-Have had no in of their accessories who are in the CROSS BR1 galla. 68 lbs. per balk 200 to take his life.

at

314

quiries, being quoted nominal.

Realtys. Are available at $9.10. Trams-Changed bands at 810), with buyers now offering 810.15.

Ferries-Can be obtained at $71, without attracting any buyer.

Lights (Old).-Fluctuated between $10 and $10 and close fairly steady nt round about $16.35.

Electrica. Are mather easier with sellers at 888.

Telephones. Continue to be in re- quest at $7.80.

Centents (Combined).-Attracted a great deal of attention, salea hay. ing been recorded from 12 to 121, the market closing slightly easier with sellers at $12.70.

Ropes.-Have bayers at 38 and sellers at $81.

Dairy Farms. Were dealt in from 821 down to $201.

Watsons.-Are being offered at 812 without attracting buyers.

Shanghai Cotton Stocks. Have shown a slight improvement aver last week's rates, the latest quotations from Shanghai being

Ewos Tls. 15 Shanghai Cottons Old Tis, 79, Zoong Sings Tls "Nest Settlement Day:-Tuesday, November 26.

RAW SILK...

SOME SEPTEMBER STATISTICS,

Messrs. Pent reuth & Co. have forwarded us the following letter dated October 14 received from Messrs. Hornby, Hemelryk & Co.

Apart from the spot position, the market has been very stendy during the past week. On bainnee, October is tie, lower, but the later deliveries are about unchanged.

The receipt of easier advices from Japan led to pressure on the spot position whilst the report that the Japanese Government estimates the encoon crop will show an increase

71 Ihs. per 2 tias 3.24 balk 2,54 8 i galls. 71 lbs. per LAMP GLASS

per 2 tins 3.34 SEILL MOTOR SPzare per case 620 per 2 tina 3,05 per baik 5.40 per gallon (ex. pump) 063 IAKO "SCALE

per case 3.58 "YIN FOO""

3.32 ""TEXACO AUTO GASOLENE" " 6.20 Coals. QUATIONS. KAIPING-No. 1 Lump

$15.00 Nat Coal No. 2 Lump

game, of "bearing the market." Under the conditions which the these "paper transactions" are per- Shanghai Stock Exchange is run, mitted and when the "Bears" have. been successful in depressing the Tis market, they force those who bave bought at a higher level and who cannot put up their margins in difference between the prices at which they bought and the ruling price, to part with their shares which are snapped up by the "Bears." The Bears" with these shares in hand then await the re- then of the market to its correct level which the financial position of the company in which they are dealing warrants, selling out in due course at a profit to legitimate) buyers of the stock who wish to invest their money,"

Political Urials Exploited. This is precisely what is hay- pening in Ewos and it should be noted that "Bears" never choose a "dud" stock in which to operate but always one which is sound fin ancially. The large drop in Ewos is in no way indicative of the com- ly the result of the bear tactics of pany's financial position, but mere

certain gentlemen in the Stock Ex- change and is an interesting side" light on the somewhat ruthless me- thods by which a certain aéction of the community make a lucrative living. The rise in Ewos, when news of the excellent proft on eight months' working leaked out, as in- formation of this kind has a babit, was too rapid and 4 certain amount of. nervousness set in which coincided with the political difficulties of the Nanking Govern ment, and the Bears saw their chance and made the most of it.

Profits Secure. •

Too much has been made of the present political situation which cannot affect Ewos financial year, but the political situation three months hence may possibly iafu ence the Directors in being a little of 6 per cent. had also a slightly more conservative when consider bearish effect on the market.

The certificated stock in Newing the declaraion of the fina York on the 1st instant was 1,160 bales (3-bale unit) and 020 bales (10-bale unit).

dividend. the company for the first eight. With the earnings of months, a known factor, it has not been difficult for those who follow ly accurately the figure which will the position closely to estimate fair-

Further September statistics com- piled by the New York Silk Ex change are now available, 'viz:—

be available for distribution to the Average price for 13/16 Silk:-end of the financial year. Even if September, 85.35; August, $5.12; the Directors take a conservative year ago, 83.08.

Average price for 20/22 Silk:-view of the future the amount of September, 85.05; August, $4.59; senably be expected makes the pres the final dividend which may rea- year ago, 84.76.

Japanese Raw Silk in Transit:-ent level of Ewos utterly ridicul- September, 30,000 bales; August, 41,600 bales: year ago, 23,800 bales. Japanese exports to America: September, 49,392 bales; August, c0,681 bales; year ago, 43,454 bales.

The price differences for the cur rent month have been fixed as follows :-

Grade A: Premium soc

B:

C:

D: Basis

95c. 10c.

E: Discount 5c.

F:

10c.

W:

H

X:

X:

15c.

200. 156. 20c.

Qus.

The very fact that our "Bear"

gentlemen have singled out Evos to the sound position of the Com

for their activities is also a tribute.

pany..

..

[Daily Share Quotations will be found on page 9 of this issue.]

lower prices. The thrown silk mar. ket is easier and quiet, but piece goods are moving in good volume on price concessions.

Our New York correspondents The trade is looking for a some cabled during the week-end that thewhat easier tendency in the futures spot market is dull, manufacturers market.

No. 1 Slack

414

Detective

Business Worries.

D

"Devotion (Melodie Passionee)"

"

(A. W. Ketelber), Organ Solo by Teranec Cancy. Capriccin Espagnole, Part 1 to 4" (Rimsky-Korsakov), The Halle Orchestra.

7.43 p.m.-Evening weather report. 9 p.m.-Chinese programme. 10.30 p.m.-Close down..

Inspector Tabrum identified champagne glass produced in court deceased gentleman that his mentai as being one found in Mr. Bicker-balance was completely destroyed. 15.00 ton's bedroom. The gises had con- This enquiry establishes beyond

11.00

9.40

of his

tained the residue of some white doubt that his brain had given 8.70 substance, and this had been sent way under the strewn

to the Health Department for troubles, and that being so, I re analysis.

turn a verdict that Harry Bickerton The Chinese "compradore and died at 101, Avenue Road, Shang- 3.30-3.67 houseboy of 101, Avenue Bond, hai, November 4, 1929, 15 the 14.30-370 testified to having Found Mr. resuit of potassium cyanide poison. 3.7-3.55 Bickerton dead shortly after he had ing. self-administered while, tem, 3.75-3.35 ordered and obtained a bottle of porarily insane. 3.75-3.85 brandy,

No. 2 Shack

Flour QUOTATIONS:

American Patent ...per sack $4.433

Straight Cut off Australian No. 1 No. 2 No, 3 Canadian Cut of

STOCK:

Straight Mixture ... zad Clear...

American... Canadian... Australian...

J

FI

J

3.10-3.20

2.90-

"I also add this rider to my ver.

3.15-4.26 Mr. Morris returned the fallowing dict: That it is deplorable that verdict: I am of the opinion that such a virulent form of poisoning business worries affected the should be so cadily procurable in

(Continued on next Column.) Shanghai."

2.80

... 350,000 bags

100,000

20,000

470,000 boga

MARKET:-Weck, with no sales.

Bundries.

14,50

Window GLASS===

Fair average sizes

1/16" thick

per box $6.00 1/6 (27 021.) ... China, India and Straits Produce.. Break

Java Rough White... por picnl $7.75-7.03 (Reported sales 33,608 plculs. Spot.) Java Rough Waite...per picul $7.53-8.13 (Reported sales 20,700 piculs, To Arrive during Nov. Dec., 1929, Jan., Feb., 1930.)

Java Fine White ...per picul $8.48-8.78

(Reported sales 900 piculs, Spot.) Java Rough Brown...por pical $7.53-7.85 (Boported sales 7,329 picula Spot.) Jara Molasses...por pical $8.28-0.03 (Reported sales 10,723 picula. Spot-}

EXCHANGE RATES.

(DRITISH WIRELESS SERVICE]

REGBY. Nov. 18.

123.86 4.873

Puris New York Brussels Genera

50

DODWELL & CO., LTD.

NEW YORK BERTH.

FOR NEW YORK & BOSTON via SUEZ,

LLOYD TRIESTINO.

REGULAR MONTHLY PASSENGER AND FREIGHT SERVICE for ERINDISI, VENICE AND TRIESTE (FIUME)... TAKING CARGO ON. THROUGH' BILLS OF LADING TO GENOA, ALL ITALIAN, ADRIATIC, LEVANT, BLACK SEA AND DANUBE PORTS.

REDUCED PASSAGE RATES. BRINDISI. VENICE & TRIESTE ***£75.0.0. LONDON

£83.0.0.

J

NEXT SAILINGS. OUTWARDS FOR SHANGHAI, YOKOHAMA KOBE AND MOJI.

From Hong Kong. Sails on/or about 28th Nov. Bails on/or about 5th Dec,

HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE.

34.863

25.133

Amsterdam

12.082

Milan Berlin Stockholm

*03.14.

-90.39

M.V. "HIMALAYA"!

18.145

M.V. "VIMINALE"

Copenhagen

18.205

Oslo

18.205

Vienna

34.67

Prague

1640

Helsingfors

M.V. "ROMOLO".

1937

8.8.

VENEZIA ""

34.8

108.25

375

816

5 25/32

48 7/22

1/37

2/9

1/8

FROM

2/01/10 2213/10 23

Madrid Lisbon Athens

Bucharest

Rio

Buenos Aires

Bombay Shanghai Hong Kong Yokohama Silver (spot)- Silver (forward)

Moscow.A Moscow dispatch says that the leaders of the Soviet ex- pedition to Frand Josel Land are considering the question of using. Sovietice-breakers for foreign

only buying their immediate re- Close New York, Friday, (market quirements Silk orders for faralosed Saturday) October 84,89 ward delivery have been booked at December 8.M., Janua BINE, | Yourists wishing to Visit this (Continued at foot of next column). and February 84.82c..

Archipelago.

From Hong Kong.

Bails m/or about 30th Nov. Bails on/or about 10th Dec, -

Sails on/or about 28th Dec.

LV... HIMALAYA”.

NATAL LINE OF STEAMERS

CALCUTTA & COLOMBO TO SOUTH AFRICAN - PORTS

Regular Passenger and Cargo Bervice to South African Ports Through Bills of Lading issued from Hong Kong.

For Freight or Famage on any of the above Lázes, apply to:-

DODWELL

Telephone: Central 1080,

Agonc

نعم

زار

نیرو