1930-02-08 — Page 12

12

EXPRESS

РАДАКА

LINE

SENICE

BARBER WILHELMSEN

LINE.

TRANS-PACIFIC AND ATLANTIC COAST SERVICE

via PANAMA.

NEXT SAILING

M.V." TAI YIN"

on FEBRUARY 20th

for

SHANGHAI, KOBE, YOKOHAMA, SAN FRANCISCO LOS ANGELES, NEW YORK & BOSTON

42 Days To New York

For Passenger and Freight information please apply :-

DODWELL & CO., LTD.

Queen's Buildings.

Agents.

Telephone C. 1030.

LLOYD TRIESTINO

FORTNIGHTLY PASSENGER AND FREIGHT SERVICE FOR

BRINDISI, VENICE

& TRIESTE

Taking Cargo on through Bills of Lading to Fiume, Genos, All Italian, Adriatic, Levant Black Sex and Danube Ports. Taking Passengers to London Overland via Brindisi, Venics or Trieste NEXT SAILINGS FROM HONG KONG

• "DUCHESSA D'AOSTA"

* ESQUILINO"

• "COL DI LANA"

⚫ Cargo steamers only,

For

Blogspora

THE HONG KONG DAILY PRESS, SATURDAY, FEBRUARY 8,

· NEW YORK, STOCK QUOTATIONS.

Market firms. Business done, 1,925,440 shares,”

New York, Fob. 3.

Jan Feb. 31 1

Allied Chemical & Dye... Allied Power & Light ... American Can

American Balling Müll. American Smalting American Tal, & Tel. ...

Americas Tobacco "B"

American Waterworks

Anaconda

Atlantic Rafining

Baltimors & Ohio

Bethlehem Steel Calumet & Hacia

有备

Canadian Pacifle Railway

Chesapeake Corporation Chicago Northwestern Chicago Rock Island Chrysler

Cities Service, Commen Celambis Gas & Electria Columbia Graphaphona - Commercial Bolrents.... Consolidated Gas of N. Y. Continental Of.. Corn Producta

194

Coty Incorporated Curtles Wright, Common Davisen Chemical

Du Pont de Nemours... Eastman Kodak Company Electric Bond & Share

Erie Railroad

Gold Dust

**

**** 280 281

130 1308

011 912 741 74 9287 250 2341 2244

... 3530

· AMERICAN." COTTON

MARKET.

CHARGES AGAINST CHIEF OF FEDERAL FARM BOARD.

[United Press.]··

CHINESE SHIPPING.

1930.

SERIOUS LOSS OF INCOME IN RIVER AND COASTAL "TRADE.

According to a report appearing in the Sinuano, 1999 was by far

WASHINGTON, Jan. 31. Senators Walter F. George of Georgia, William J. Harris of Georgia, and Thomas Hedin' of Alabama joined to-day in alleging the worse year experienced by the 94 95 that Alexander Legge, head of various Chinese shipping companies 751 76

President Hoover's newly created since their inception. Federal, Farm Board, had issued 117 118 ... 2017 400 ment

1011 1011 thoughtless and careless state

driven which had

the 80% 30 1901 1901 Americas estton market to its

67 08 lowest point since 1926. Unq. 36 118 119

201 291 842-541 091 281

They said that a press associa tion other than the United Fress 37 had circulated an erroneous report

... 111 1117,

in this connection.

The companies having ships on the Shanghai-Hankow run have been particularly hard hit. There are 20 Chinese vessels running between these two ports; these are owned, according to the report, by the China Merchants, the Ning-Shao, and San Peh and the Shaoshing S.N. Companies. In previous years. each of these vessels made 34 round trips, the revente per ship per voyage being Tha 8,000. Based on this fact, the income of the four companies concerned should have been not less than Tls. 4,680,000 for 1029 apart from passenger fares. Nevertheless, most of the vessels on the ran suspended services after April, the majority having been seized by the military authorities pre-of the remainder made between 13 for transportation purposes. Most

Mr. Lagge later issued a denial of 29 23 the allegation against himself, any 111ing that the new 830,000,000 cotton 23123 sales agency did not contemplate 94971 buying cotton at "foolish prices or 30 31 on a large scale" and that this 39 attitude resulted in the $50,000,000 128 123 less on the cotton market which the 1931 195 Senators charged

63 03

6:3

.61

New York futures were 18 to 29 601 points off to-day. Further short 30 30 covering and professional buying 7272 carried the list to about the 51,51 vious closing quotations.

21

Fox FilmA**

General Electric (New),

Goners! Food

GAM

General Motors...

General Bailway Signal

93 93

+++ 451

74 74

66 57

Ung. Vaq

71

Goodrich Rubber

Goodwear Tire & Rubber

Groat

Northern Certificates

Haygart...

***

Iatamational Cement... International Comb. Eng. International Harvester International Nickel

International Printers Iak International Prod. (Com.) International Tel, & Tel. Johns Manville Kennecott Copper

Lambert Company. Lohigh

Valley

Liggett & Myers "B"

Madison Square Garden

Missouri Pacile (Com.)

Montgomery

Ward

Nevada Consolidated Copper New York Central Northern Pacifio Hallway

Pacific Lighting

Packard Motor Car

Paramount Fams

Famous Lasky Pennsylvania Rai

Kailway... Pennroad Corporation... Phillipe Potrolenza Public Service of N. J.

Badio Corporation Reading Railway

HI

Reynolds Tobacco “B”

Sears Boebuck....

Sholl Union

Simmons Company

40 451

... Ung. 92)

58

89 90 $8

87.83

61 63 Uaq. Urq. 833691 141 142

201

U.S. TARIFF CHANGES.

PROPOSED INCREASED ON ORIENTAL OILS AND SEEDS.

[United Press.)

and 18 voyages but several only made ten trips. This being the "ense, the Chinese shipping companies suffered freight losses alone which exceeded Ts. 2,700,000.

Coastal Trade.

As to the coastal shipping busi- ness, the Chinese companies also fared badly. In past years, be tween 10 and 14 vessels were placed WASHINGTON, Jan. 28.

on the north and south China' rans. Senator Morris Sheppard of whilst about 20 other Chinese-owned and maintained regular services. 50+ 501 Texas to-day urged an increased

vessels ran quite irregularly. Last duty affecting Oriental oils, pea- 103 1031

year, the companies maintaining. Tag nuts, say bean," rape seed, cotton regular services were forced to 103 103ed and poppy seed from China, suszend, services on no fewer than

11 12 and soy bean and rape seed from Unq 881 Japan, contending that the cheap-of the year, the Pei-ho became four occasions and, towards the end frozen and abips were unable to navigate in safety. As a result of this, the business of the Chinese companies was only about three- eighths of the normal and losses amounted to more than $10,000,000.

4745 ...80 30

Southern California Edison.

.. For Sharpbal

Japazi

& Estepo

etud Feb.

Standard Oil of New York

Southern Pacific Hallway. Standard Gas & Electrio Standard Oil of New Jersey

4th Mar,

Texas Corporation

Toxas Gulf Sulphur

16th Feb.

28th Mar,

Timken Roller Bearing

..

All dates are subject to alteration without notice.

For Freight and Passages apply to

Queen's Building, DODWELL & CO., LTD.

Tel, C. 1030.

:

Agents.

HAMBURG-AMERIKA

H.

HP

YESSEL.

LINIE

FAR EASTERN MAIL-FREIGHT-and between : PASSENGER. SERVICE JAPAN, CHINA, HONG KONG, "FHI. LIPPINES, STRAITS SETTLEMENTS,

COLOMBO and EUROPE.

SAILINGS TO EUROPE.

DESTINATION.

K.V. "BURGENLÄND" 8.5. "ALBERT VOEGLER" (1) M.V. "VOGTLAND"

M.V. "RAMSES'

LEAVING

... HONG KONG. Genoa. Rotierdant (1)

& Hamborg 12 Fab... Genoa, Bolterdam

& Hamborg. 26 Feb, (1) Genoa, Barcelona, Alicante.

Rotterdam & Hamburg 14 Mar. 25 Mar. (1)...Genos, Rotterdam & Hamburg Other Parts of Call if Inducement offers. ARRIVALS FROM EUROPE.

M.V. "VOGTLAND" (1) MY. "BAMSES" (1) M.V.MUENSTERLAND" (2)

M.V. "DUISBURG” (1) M.V. SAUERLAND'

(1)

DUE HONG KONG.

"10 February 18 February 27 February

8 March

Subject to Alteration without Notion,

18 March

(1) Excellent Accommodation for Passengers, Qualled Surgeon carried.

Fare from Hong Kong to Genoa, from £70.0.0.

(2) Limited Passenger Accommodation, Qualified Surgeon carried.

For further particulars please apply to:

JEBSEN & CO.

AGENTS.

12, Pedder Street, Hong Kong.

NATAL LINE OF STEAMERS

Trans America

Union Carbide & Carbon

Union Pacio Railway...

100

83

... 851851

25

ness of Oriental production makes higher duties imperative.

The Texas Senator stated that the United States production of say 16 17

bean costs 12.4 cents a pound while 611 611 the Chinese production cost is but 781 781 13 13

34 34

EL 87

6.9 cents.

United States production of pea nut oil costs 9 cents while Chinese is 6.7 cents, according to Senator Sheppard.

001 80 39_272 132-1301

He urged that the duty on poppy 0000 seed oil should be prohibitive or that a flat embargo should be placed upon it, because of its opium con- 681 60 tent. 121

1211 118 118) 391 39 541 641

DI

70 78

61 61

454

00 901

United Aircraft & Transport. 45 47 United Dry Docks

... Gng.

Dng. US Realty & Improvement 651 850

1841 1844" C.S. Steel

60 851 Yanodium Westinghouse E. & M. (Com)... 1631 163)

THE FLOW OF GOLD.

NOW BELIEVED TO BE TO- WARDS AMERICA.

[United Fross.]

NEW YORK, Jan. 31. With a gold shipment in 'dollars en route from Japan to Brazil, it is indicated that the tide of gold movements appears to be swinging toward America whereas until re cently it has been toward Europe and the Far East, experts here

stated to-day:

The Japanese shipment, is of $2,000,000 to Brazil, with more than $5,000,000 to come and the total expected to reach

than more 831,000,000. !..

Bankers here expected to. zce a continuous flow in the same direc tion for some time to come..

"A statement of the Federal Re sorve Bank of New York shows an increase of $2,500,000 in the amount of gold earmarked for foreign ac count which, with an additional million from Colombia, brings the gain for the week up to 88,771,000.

EXCHANGE RATES.

[DRITISH WIRELESS ́SKEVICE.]

RUGBY, Feb. 6.

124.02

Paris.

Tel. 0. 4754.

Amsterdam

New York 4.807 Brussels

34.00 Geneva

25.19 12.12

Milan

02.91

Berlin

20.36!

Stockholm Copenhagen

18.12

18.19

Oslo

Vienna

18.21 34.843

Prague

104

Helsingfors ma

103)

Madrid

27.32

Lisbon

1081

375

818

"Rio

5

Buenos Aires

Bombay

Shanghai

Yokohama.

FROM CALOUTTA & COLOMBO TO

SOUTH AFRICAN PORTS

8.8. "UMZUMBI”,

**

Bails from Colombo enfor about 9th Feb, Regular Pastenger and Cargo Service to Bonth African Porla Through Bills of Lading issued from Hong Kong. Fer Freight or Passage, apply to pis

Telephone: Contral 1050,

DODWELL & CO, LIMITED.

Agente

Athena Bucharest

Hong Kong

Silver (spot)......

Silver (forward)

+43 (1).

1/5 29/32 1/11

2/07/32 20.

19-15/16

The Senate has not yet reached the stage of a vote on any of the foregoing items. It did, however, raise the duty on, linseed oil-at present 3.3 cents-to 4 cents as a protection against Argentine fax

COMMUNICATIONS MERGER

IN AMERICA. PROPOSED "DEAL' INVESTI- GATED BY SENATE. COMMITTEE.

WASHINGTON, Jan. 28.

Taking advantage of the poor state of China's shipping business foreign shipping firms. especially the Japanese and the British, hava increased the number of their vessels

and, in doing so, increased their benefitting at the expense of the freight and yassenger charges, thus

Chinese companies.

MÀGIC OF HYDE PARK

BELLS.

LONDONERS THRILLED BY

sky.

CARILLON.

Ring out, wild bells, to the wild

Kould not the late Lord Tenny- son have been delighted to find such an appropriate compliment to the first line of his famous poem as bells ringing out, musically across Hyde Park on New Year's morning!

When the carillon in the strange Members of the Senate Inter-white tower situated in the centre of state Commerce Committee to-day the park sounded for the first time summoned. Hernand Behn, presid- in the damp January air, London- ent of the international Telephoneers had a wonderful new thrill. and Telegraph Company, to appear before them bringing all letters and recorda relating to the proposed merger with Radio Corporation of America.

Owen D. Young, chairman of the board of the Radio Corporation, told the committee to-day that the merger plan was purely tentative, pending enactment of legislation by Congress which would enable that much-discussed merger, of all communication systems in the Unit ed States

The carillon is a set of forty-nine brils weighing fifty tons, which is to form part of the Wellington (New Zealand) War Memorial. It will be shipped to Wellington next summer.

Waves of Rhythm.

Mayor of Londos, made a signal. Sir William Waterlow, the Lord The tune of "The Londonderry Air" rang out from the bells skill- fully manipulated by Mr. Clifford Bell in the high tower, sounding

now like the softest chimes, now al- Mr. Beha was especially ordered most metallic and dull as the notes to bring in all correspondence with of an old harpsichord, but emitting waves of rhythm that sent London- the powerful banking house of Jer's walking through the park with P. Morgan & Company relating to this subject.

AIRMAILS ACROSS THE PACIFIC.

AMERICAN PLANS..

[United Press.]

a lilt in their steps.

No, Pied Piper of Hamelin could have been more magnetic with his music than that Hyde Park caril loneur He attracted men and wo- men to the base of the white tower. as fast as they could run across the damp grass.

The irresistible spell drew them together in a solid mass of appre- ciative listeners":

WASHINGTON, Jan 25.

An old man taking his morning Study on the proposed Pacific walk fumbled for his silk handker and. Atlantic air mail lines, Re-chief. The familiar melodies, their presentative Clyde Kelly of Pen- doleful qualities emphasised by the haylvania announced to-day, has bells, had drawn tears from his now progressed to the point of ask-eyes as old memories came to his ing early consideration of Bit mind.

authorizing the U.S. Postnaster Then suddenly the cold January General to enter into mail-con- | day, with its wintry aspect and the tracta

grey light, was obliterated.

Congresman Kelly said that he expects the House Postal Committee. to begin hearings on the subject within a fortnight.

Among the matters to be on- sidered will be a report on the Commerce Department's intensive study of the subject, with special reference as to whether rates for such air mail should be based upon the pound or upon milenge:

Congressman Kelly believes, he said to-day, that the service should begin with the California-to-Hawaii link, which would later be "erland- cd on to Manila and finally to the China coast, all this being done under necessary agreements with aeronautic concerns.

Experts are also considering the question of charging for space in the planes on a basis similar to that employed in connection with the merchant marine.

Fascinated Listeners. Simply, joyfully, full of the fragrance of the coming days, Men- delssohn's "Spring Song" ebimed itself across the park. Hundreds more fascinated listeners joined the crowd round the carillon.

It was a strange "experience to recede from the bells, to bear their music at a distance and then let them sound just faintly in one's ears until they mingled with the roar of the traffic in Park-lune,

While the bells are in Hyde Park there will be carillon recitals three times a day.

Lord Bledisloe, Governor-General designate of New Zealand, was right in his speech, at the inaugura tion luncheon-Londoners will want a set of carillon bells for themselves when those whose music they are now enjoying have gone overseas,"

Cinemas aboard ship

FIRST RUN cinemas are shown regularly on every voyage of the President Liners... This is just one

of the service features we provide

to make your trip more enjoyable.

DOLLAR STEAMSHIP LINES and AMERICAN MAIL LINE.

JAVA-CHINA-JAPAN-

LIJN.

Tel. Address:

JAVALYN

Tel Central 1571

JCIL

York: Building -

Hongkong,

· REGULAR PASSENGER & CARGO SERVICE BETWEEN HONG KONG

» SWATOW, AMOY, SHANGHAI, MANILA AND THE DUTCH

EAST INDIES.

SOUTH BOUND.

EXPECTED ON OR From

ABOUT K'LUNG & AMOT 10th Feb.

WILL LEAVA OR

11th Boby

Foa

BATAVIA

Noon

18th Feb., MANILA, M'ISAN.

Noon 25th Feb.,

& SOURABAYA BATAVIA

Noon

4th Mar.,

MANILA, M'KLAR.

Noo

9th Mar 11th Mar,

Noon

STEAMERS

TJILEBOET 'TJIKARANG .."]S'au. & AMor] 16th Feb.

AMOY TJIKEMBANG

24th Feb

TJIBADAK SHAL & AMOT 2nd Mar. TJISAROEA TJISONDARI TJILEBOET

STEAKERS

TJISALAK TJIBADAK. TJISAROEA

AKOT"

EBOOKABATA

BATAVIL

3'HAL & AMOT 16th Mar. 18th Mar., Manila, M'ssas,

Noon K'Luxo & Amor] 23rd Mar. 25th Mar..

Noor

NORTH BOUND,

FROM

EXPECTED

OF OX

ABOUT

& SOURABAYA

- BATAVIA

Wrze LEAVE ON OR ABOUT

FOR

JAVA,MAKABSin 15th Feb. 16th Feb. 8warow & AMOT

19th Feb. 20th Fob. Axor & S'hai. BATAYIA

JAVA, MAKASSAR at Mar. 3rd Mar. 8WATOW & AMOT

6th Mar, 6th Mar Axor & S'HAI.

BATATLI

TJISONDARI TILEBOET.. Jaya, Maxaman 15th Mar. 17th Mar. Swarow & ANDY TJIKARANG

19th Mar. 20th Mar, jäxor & 8'xa.

BATAVIA

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 roads.

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 T

JAVA-CHINA-JAPAN LIJN.

Adents 1-

ROYAL NETHERLANDS INDIES AIRLINES, LTD. York Building.

Telephone C. 1574.

1575

1555.