1929-12-07 — Page 10

10

JAVA-CHINA-JAPAN-

JCJI

York Building

Hougker

THE HONG KONG DAILY PRESS, SATURDAY, DECEMBER 7, 1929.

Money and Markets

LIJN

Tet. Addre

HONG KONG SHARES.

CANTON RAW SILK

Tel.

REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG, SWATOW, AMOY, SHANGHAI, MANILA AND THE DUTCH

EAST INDIES.

SOUTH BOUND.

STEAMERS

From

EXPECTED

ON OF

ABOUT

WILL LEAVE ON

Гол

TJIBADAK ... S'HAI. & AMOT

TJISAROEA. "Axor

9th Dec.

11th Dec

Noon

15th Dec.

.

TJISONDARI S'HA AMOY 19th Dec.

TJILEBOET

AMOT

20th Dec. ||TJIKEMBANG 'S'uar. & Amor 30th Dec. |

BATAVIA

17th" Doc.. MANILA, Mʻxsar]

& SOERABATA

Noon

31st Deo., BATAVIA

Noon

31st Dea, MANILA, M'KSAR, Neon & BOZZABAJA

BATAVIA

1st Jan,

Noon

NORTH BOUND.

EXPECTED

STEAMERS

FROM

ON OX

ABOUT

WILL LEAVE ON

DR ABOUT

TJISAROEA ....Java,Makassar In Port

TJISONDARI BATAVIA

7th Dec.

TJIKEMBANG

BATAVIA

TJILEBOET ...Java,Max

TJIKARANG .. ΒΑΤΑΝΙΑ

18th Dec. 20th Dec, 28th Dec.

FOR

8th Dea. SwATOW & ANOT 7th Dec, AxOY & S'HAT. 18th Dro. AxOT & S'HAI. 23rd Dec. (SWATOW & AMOY 28th Deo. AMOT & B'HAI.

JAVA.

KAMODIAN— BANDOENG-PAPANDAJAN-

GAROET-SINDANGLAJA—TOSARI— NGAMPLANG--TJISOEROEPAN

NONGKODJADJAR WANASARI.

What do these Names mean?

"A chain of good hotels in cool mountain-resorta

in a chain of scenic, volcanic mountains.

All inclusive tours from 3 to 4 weeks, re. membered for a life-time.

For particulars apply to:-

JAVA-CHINA-JAPAN LIJN.

Agents:

3

ROYAL NETHERLANDS INDIES AIRLINES, LTD. York Building.

Telephone C. 1574

EXPRESS

BARBER

LIKE.

РАМАРА

SERVICE

BARBER WILHELMSEN LINE.

TRANS-PACIFIC AND ATLANTIC COAST SERVICE via PANAMA.

M.V.

1575. 1555.

NEXT SAILING "TAI YANG”— on DECEMBER 17th

for

f.

SHANGHAI, KOBE, YOKOHAMA, SAN FRANCIS Col LOS ANGELES, NEW YORK & BOSTON

42 Days To New York

For Passenger and Froight information please apply:--

DODWELL & CO., LTD.

Agents,

Queen's. Buildings, THAT SYNTHETIC RUBBER EXPERTS EXPRESS DOUBTS.

[REUTER'S AMERICAN SERVICE]

New Yonk, Dec, 0. Before proceeding to Florida to day, Mr. Edison said that, while Augala kodin jommon weed) was found to be the most satisfactory of the

BENJAMIN & POTTS' WEEKLY REPORT.

Messra. Benjamin and Potts, local share and general brokers, in their weekly share report dated yesterday

state:-

MARKET.

REPORT WEEK, ENDING

DECEMBER 9.

Our market remains dull and featureless, in absence of buying Prices are fairly well maintained for the time being.

Stocks are increasing, and amount Business on our local market, bas been fairly active since the date now to 9,000 bales.

The Chinese have had a meeting of our last report and most stocks and have discussed the question of ean be placed at quotations. fixing a minimura pries limit, they Banka.-Hong Kong and Shang-ara firrther contemplating to curtail

LEAGUE COUNCIL MEETING.

CHANGE OF DATE ANNOUNCED.

(BRITISH WIRELESS SERVICE]

PASSENGERS.

Arrivals,

The following passengers arrived yesterday by the s. Rawalpindi from the North-Mrs. M. Brooke, Mr. J. Ward, Mr N. Berry, Prof. C. Wrong, Mr. E. Maeinnes, Mjr, Crawford Martin, Me,” G."Nicholl, Mr. H. Tobias, Mr. J. Brown, Mr. and Mrs. Steed and infant, Mrs, T. The Foreign Office has been in- Livanora Mr. Goldin, Mrs, E. formed by the League of Nations Stapin, Mrs. E. O'Sullivan, Mrs. Secretariat that the League Conseil Bourstein, Mr. S. Ismail, Mrs. meeting has been fixed for January 3, and Miss Lyer, Mr. G. Ching, Mr. E. Tai, Mr. L. Lung, Mr. Canning, Mr. R. Hepburn.

13 instead of 20.

Ruday, Dec. 8,

W.

This change of plan has followed

The following passengers arrived as the result of Signor Grandi's re presentations that Italy's convent by the a.s. President Lincoln from ence would be met by antedating the

Seattle and Shanghai for Hong meeting of the League Council so

Kong-Mr. H. Abend, Mr. Water

"Allerton, Miss Adelaide H. that it would not overlap the meet-Allerton, Mr. Charles S. Atwell Mr. ing in London of the Five Power and Mrs. J. Bois de Mouzilly St Naval Conference due to open, on Mars, Mrs. Lillian R, Butts. Mrs. January 21.

Foreign

E. A. Chailles, Mr. and Mrs, Jasper Secretary, Arthur Henderson, will attend the Joanne Fenner, Miss Jeggy Fenner, A. Fenner, Mr. Brill Fenner, Miss

The

Mr.

hai Banks, in sympathy with the production, by stopping work in the League Council as British repre- Master Jay Fenner, Jr., Mr. Harold

drop in the London price to £15 (Middle) have eased somewhat and were booked at $1,325 and $1,330.

filatures from the 20th instant until such time when the market will be relieved of some of the stock.

Ch

Minimum fixed price limit.

Marine and Fire Insurances- Judging from past experience, Unions further" declined and were such resolutions are not adhered to anld at $350. They have, however, by all the Chinese, and it is there recovered somewhat at the close and fore very questionable whether the buyers are now offering at $350, desired effect, ie. the stablization with sales at 3360. China Under-ot prices, will materialize. writers have fluctuated between Quotations are zim $2:03 and $2.10. Hong Kong Fires have remained steady at 8815 Can- tons have lapsed to 3 nomina! quotation of 2005,

Shipping-Hong Kong, Canton and Macao Steamboats were realised again at $26 to 826). Dougies Steamships are wanted at $95. Pre- ferred Indos continue in request nt 240. Waterboats are unchang- ×ä,

8845 for 14/16 N.S. Crack.. $900 9860 for 20/92 N.5. X.X.A.... 850 8645 for 13/13 0.5. Bat I. ... .930

RUBBER.

Docks, Wharves and Godowna-WORLD PRODUCTION FOR 1920, Kowloon Wharves were negotiated

at $146. A fair quantity of China Providents were taken of the market at 85.10 to 851. Whampoa Docks can be placed at 8321. Shang hai Docks have fallen away to Tls. 94. Hongkew Wharves at Tls. 190 and New Engineerings at Tia,

are, nominal.

Mesars. Pentreath & Co. have forwarded as the following letter dated October 23 from Messrs. Hornby Hemelryk & Co., Liverpool

The market has been in a very indifferent mood during the week on balance, under review, and, values are slightly lower. Close Lands, Hotels and Buildings last night:-Spot and October 9id.. Hong Kong and Shanghai Hoteis January/March 10d., April June had a set back in the early part 10.7/10d., January/December 1930 of the week and were sold down to 10d., January/December 1831 118d. $0.00 but have since strengthened

For same days past interest has and transactions are reported tien chiefly centred in a meeting of various rates up to 31. Hong Dutch producers which took place Kong Lands are enquired for at yesterday when a large majority $811. Deals were made in Hum- declared themselves ready, in prin phreys Estate at $14.40. Realtye eiple, to accept the Committee's pro- have changed, hands at $5, and pasals in favour of the creation of more car. ba placed at this ägare.

a reserve of 43,000 tons to be placed Public Utilities.-Hong Kong under the control of a central sell- Electrics were dealt in at 860. ing organisation. Hong Kong Trams closed the turn lower at $18. Penk Trama are salenbin at 8111. China Lights me enquired for at $161, Telephones are wanted at $7:50.

to

}

rubber.

Although the majority of those present voted in favour of the com- mittee's plan, it transpired Inter that the majority represented only 30,000 tons out of the total produe- Miscellaneous.Green Island Cetion of 65,000 tons of pursiy Dutch ments (Combined) are in demand at 812.80. Dairy Farms have lapsed a nominal quotation of $201. Watsons are on offer at $12. Amuse. ments have receded to 24. Lane, Crawfords are obtainable at $1.8. Hong Kong Ropes seek buyers at

Benguets can be placed at 84.70. Kailans have advanced to 63/..

Cotton Mills.-Ewos were taken off the market at the outset at Tis 14.83 to Th. 15, but have since receded to Tls. 14 at which figure sales were made and there are fur- ther buyers. Shanghai Cottons (Old) are enquired for at. Tis, 77.

· Forward. Settlement Days.-Dec. 23, 1929.

CHINA MERCHANTS' AFFAIRS.

COMMISSIONER GRANTED

EXTENSIVE POWERS."

I

In a circular issued earlier this month, the Committee estimated the total world production of rubber for 1929 at 20,000 tons, and the con- sumption at/700,000. Making allow. arees for accumulated stocks ship- prd from Malaya and Ceylon this year, the Committee estimated the world production next year would nis amount to 820,000 tons, whereas. consumption next year would at tuin, it was estimated, 650,000 tons: hence the proposal to create a re- serve of 45,000 tons representing an- proximately 10 per cent. of the pro duction of British, Dutch and French rubber companies, the re- srve being placed under the control uf an international central selling organisation.

sentative.

OBITUARY,

SIR GERSHOM STEWART.

(THOUGH REUTER'S AGENCY.]

LONDON, Dec. 5. The death is announced of Sir Gershom Stewart, K.B.E

E. Foster, Miss Donna Hatter, Mr. and Mrs. Claude E. Hartford, Mr. William K. Batt, Mr. William E. Larkin, Mr. and Mrs. Joseph M. Lichtenauer, Mr. and Mrs. J. C. Mognaschi, Mr. Willey B. Newsome, Mr. N. Parmanand, "Miss Florence Pike Me and Mrs. Louis M. (Continued an nezt Column.)

Older residents of the Colony DODWELL

will read the above news with the greatest regret, for though Sir Gershom left Hong Kong in 1900, his, business ability, public epirit and genial personality are very well remembered. Sir Gershom" who was at the time of his death, joined the Hong Kong staff of the Hong Kong & Shanghai Banking Corporation is 1958, and later, with his brother, the late Mr. Murray the firm of Stewart, founded Stewart Brothers. He became a member of the Legislative Council and was associated with many of the Colony's business activities. Sir Gerehom went Home in. 1900 and in 1910 liecame Conservative member for the Wirrel Division of Cheshire. His great knowledge of the Far East after proved of value in the House of Commons, and he came to be regarded as the "mem her for Hong Kong," and for the British community in Chien and Japan generally. Sir Gershom re tired from politics in 1925, anıl it was typical of his popularity that constituents of both parties united to make a presentation to Sir Ger- shom of his portrait in oil by 3r. F. T. Capnell, and to Lady Ger- abom of jewelled watch, in re cognition of their public services over a period of fourteen years.]

PEACE IN POLISH DIET.

SPEAKER'S BAN

POLITICAL SOLDIERS.

ON

(THROUGH REUTER'S AGENCY.]

WARSAW, Dec. 5. Despite the recent cleavages the Diet opened this morning without incident and proceeded on quiet lines with the agenda which in- cluded the Budget and the revision of the Constitution.

The only reference made by the Speaker, M. Dastinski, to the mili tary invasion of Parliament was his expression of the conviction that the army should keep aloof from politics. The Dictator, Mar- shal Pilsudski, was absent from the Session.

Early last month, apparently annoyed with certain Parliamen tary activities, he took 100 armed officers to the Diet and overawed the Deputies. The Speaker defied him on that occasion and refused to open the proceedings until No.

Presumably the next step will be to take the matter up with English growers with a view to securing trir co-operation, but quite Trunk ly we have no faith the proposals and do not think they will meet with anything like general approvalvember 5. on this side in spite of the fact that a prominent London broker stated last week that any proposals would receive favourable consideration.

Announcement was made in these columns several days ago, saya the NO. Daily News, with reference to the appiontment of Mr. Chao Our own feeling is that London Tich Chiao as Acting Special Com- dealers are hoping that the pro- missioner for the China Merchants pesala will be sufficient to raise S. N. Co. The company has new prices to some extent with a view received further mandate from to putting out further sales, but it the National Government approv-should not be overlooked that it is ing the provisional regulations known that no serious buying of govering the powers conferred upon next year's Rubber has been done so The Special Commissioner in the far, so that the class of buying cution of his duties, which fol- might easily cause dealers to change

their polley,

fol!--

For the above reasons, it is very (1) The Special Commissioner is difficult at present to read the ten- responsible directly to the Govern dency of the market, but whilst we ment under the supervision and guidance of a Special Committee go lower to some extent, we con- should not be surprised to see prices for the reorganization and admini- tinue to have a favourable opinion stration of the company's affairs of the market in the long run. and those of subsidiary companies; Values cannot fall materially below (2) In order to expedite the to-day's level, and given an unex- company's affairs, an office shall preted expansion in the consump be organized under which all work tive demand, they might improve shall be carried out by various de considerably. We would prefer partments and committees, regula therefore to recommend taking ad- tions for which will be published in vantage of easy markets to accumu-

'due course;

...

late the more distant 1930 deliveries, Stocks: London 45,711 tons, Liver- pool 11,785 tone, a total increase of 1,589 tons.

(3) The Special Commissioner shall be empowered to liquidate the company's properties, stocks and obligations and expand its busi- Our New York correspondents ners, and he shall represent the cabled last night that the market is company in all external affairs and nervous. The trade is apparently legal relationships but he shall releaning towards the idea that con- port to the Government and the certed action is possible between Special Committee on all import- British and Dutch producers. Pro- minent dealers were good buyers ant matters; and

yesterday,

Telephone C. 1080. thousands of plants with which he had experimented, no estimate was yet made as to the possible cost of the production of synthetic rubber, nor were the commercial possibili tica of the invention decided..

Prominent rubber merchants are revenues, very Beeptical regarding golden affairs: annual reports, including rod rubber" and do not think that the company's working statement, the product is likely to affect the balance sheet and a statement of Crude bber marker"

(4) The Special "Commissioner

Close New York last night:- shall submit to the Government and Special Committee, for approval, January 20.10.; March 20.70c., May monthly reports of the company's 21.10c., July 21.40c.

general expenses and

[Daily Shore Quotations will be

A serious clash between the Diettator and Parliament seemed inevitable but the President inter- vened and prevented a clash. M. Moselchi sided with Pilsudski and ordered an adjournment until to- day, thus circumventing the action of M. Dastinski who, in défiance of Parliament convened the Diet for November 5, taking precautions to avoid further military interrup- tion. The Deputies then expressed the opinion that the Dictator had hestated to bring matters to a

head.

HEALTH BULLETIN OF EASTERN PORTS.

FOR THE WEEK ENDING -

NOVEMBER 30.

Alexandria Pnom Penh

Calcutta Madras Tuticorni

Fnom Penh Canton

Berbera. Aden

Baghdad Bombay

Calcutta Cochin....

¦

TO-DAY'S WIRELESS

PROGRAMME.

BROADCAST BY Z. B. W. ON 335 METRES,

RADIO DANCE,

11 to 11.30a.m.--Commercial jews, top.m.-Demonstration_pro- gramme of Chinese and, Euro- pean records.

3

6

19

to 3 p.n-Chinese and European

programme.

to 6 p.m.-Children's programme.

Aunt Jonu, Uncle Dick and Uncle Jeft will entertain the "Kiddies."

to 8.30 p.m.-Demonstration pro

gramme of Chinese-and-Euro-- pean records.

pm to midnight-Dance pro-

grainme.

ET2

music

The Semreh" Dance Band will, Broadcast dance from the Studio. There will be interval at approximately 10.30 .. when news bulletins will be announced. p.m. Close down.

Rubens, Miss Charlotte Rubens, Miss Irma Rubens, Mr. Pores "H. Suckling, Mr. James E. Taylor, Mr. and Mrs. Maxwell M. Upson, Mr. Edward Willett.

CO., LTD.

NEW YORK BERTH.

FOR NEW YORK & BOSTON via SUEZ.

LLOYD TRIESTINO.

REGULAR MONTHLY PASSENGER AND FREIGHT SERVICE for BRINDISI, 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 LONDON

100

£75.0.0. £83.0.0.

NEXT SAILINGS.

OUTWARDS FOR KOBE. YOKOHAMA & MOJI.

6,8. “HILDA" M.V. "REMO"

From Hong Kong.

Sails on/or about the 24th Dec. Sails on/or about the 2nd Jan,

HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE.

J

M.V. "HIMALAYA “ M.V. "VIMINALE" 8.8. HILDA "... M.V. "REMO”

ני,

From Hong Kong.

Sails on/or about the 28th Dec, Sails on/or about the 7th Jan. Bails on/or about the 25th Jan. Sails on/or about the 4th Feb.

NATAL LINE OF STEAMERS

FROM CALCUTTA &

SOUTH AFRICAN

COLOMBO TO

PORTS

Regular Passenger and Cargo Service to South African Forts, Through Bills of Lading issued from Hong Kong.

For Freight or Passage on any of the shove Lines, apply to:---

DODWELL & CO, LIMITED.

Agents.

Telephone Central 1080.

Hamburg-Amerika Linie,

COMBINED FREIGHT AND PASSENGER SERVICE CABIN CLASS ACCOMMODATION FOR 50 FASSENGERS, FARE FROM HONG KONG TO GENOA~£70, 06, 01, OUTWARD.

Sailings from Europe for S'hai, Japan & Northern Ports:-

M.V."HAVELLAND " MY."ERMLAND"...

M.V. "BURGENLAND"

+++

Plague.

Cases. Deaths.

I

85. "ALBERT VOEGLER"

**

+4

MV."VOTGLAND"

Cholera,

HOMEWARD.

Sinall-Pox.

Karachi. Madras Moulmein Negapatam Pondicherry Batavia Pontianak, Canton

20

a*}

due here on or about the 16th Dec. dae here on or about the 28th Dec,

1930,

due here on or about the 9th Jan. due here on or about the 25th Jan. dus here on or about the 8th Feb.

11

<

Sailings for Genoa, Rotterdam and Hamburg via Manila, Singapore, Colombo & Port Said :-

*5.8. "SAARLAND " 18.8. "AMMON"

sailing from here on or about the 12th Dec. ...salling from here on or about the 26th Dea.

-1930 wailing from here on or about the 10th Jan, sailing from here on or about the 99th Jan, sailing from here on or about the 11th Feb.

8.8. "OLDENBURG" M.V. "ERMLAND" M.V. “BURGENLAND." 8.8. "ALBERT VOEGLER"

↑ "Calling also at Alicante,

mailing from here on or about the 25th Feb.

Calling also at Malacca & Amsterdam. 8,8. "SAARLAND" Calling at Ceba instead of at Mamila.

For Freight, Passage and further Particulare, plenes apply to

JEBSEN & CO.

12, Pedder Streat.

613

AGENZI

Tei. U. 4754,

4.