1930-03-15 — Page 11

GOLF.

RÖYAL HONG KONG. GOLF

CLUB.

STARTING TIMES FOR SUNDAY,

C. J. Waddell and S. C. Feltham.

0.12 a.m. Capt.”

Morris.

Riggs and

0.98"

0.32

+1

0.38

0.40

"

9.44

"

0.48

T

. 0,52

0.56

10.00

10.04

10.08

10.12

10.13

.10.20

"

5+

10.24

10.98

10.32

10.36

10.40

་

1+

11

11

*

.:

10.44.

10.48

10.52

11

J. W. Robertson and C.

C. Roberts.

A. Anderson and W. J. S. Key. P. Morrison and D.

Ellis.

D. J. Gilmore and R. E. Hepburn.

E. N. Monie and D. S.

Edward.

THE HONG KONG DAILY PRESS, SATURDAY, MARCH 15, 1930.

Money and Markets

HONG KONG SHARES. Į TRADE PROSPECTS

BENJAMIN & "POTTS

WEEKLY REPORT.

́Although' buyers of most stocks predominate, the local market has not shown much animation during the past week. Owing to the paucity of selling orders the volume of busi- ness has been on a somewhat re- stricted scale, but notwithstanding J. D. Thomson and D.this, prices in several instances have Christie. W. Paterson and I. a. registered a further improvement.

the Easy conditions in W. Kent and H. Halated good class investments of all market have unquestionably stimu M. G. Mills and A. C. 1.kinds, and the numerous dividends which have recently been paid or will be released shortly, will doubt- lees also exercise a favourable in

uence, and contribute towards this factor.

Trevor.

ton.

Bowker.

I. G. Campbell and J.

Forbes.

V. R. Gordon and A. Reed,

W. A. Batterfield and 3.

. P. Sherry.

J. S. Drummond and

E. Bradley,

TR. Price and D. Goodall.

B. Taplin and E. U Ireland,

LG. S. Dodwell and G. Marseille.

A.Leach and S. Butlin..

A. D. Humphreys and K. Littlejohn, H. R. Sturt and F. w. Forster.

JS. Dykes and S. A. Seth.

A. H. Penn and R. P. Koodie.

JR. Hinten and J. Collis

J.L Adams and G.

Tate.

money

The market in the North has been rather erratic, but Ewu Cottons show signs of recovery in sympathy with the rise in yarn.

Banka. A further improvement has occurred in Hong Kong and Shanghai Banks and sales were made up to $1,393. The latest cabled quotation from London is £108 (Middle) ex div.

Marine and Fire Insurances-A fair quantity of Unions changed hands at 8307/8400, Canton's have: continued their rise and were book

IN HONG KONG.

ONLY NEED IS "STABILITY."

DAILY SHARE QUOTATIONS.

⠀⠀⠀⠀⠀⠀⠀

199

HONG KONG STOCK EXCHANGE.

"SHAREBROKERS'

ASSOCIATION.

Sellere Bates Nominal

FRIDAY. MARCH 14.“

Buyer Sellers

Sales

Monina

unif

***

£108

Bankı

H.K. Banks

Do. (London) Chartered Banks....

Mercantile Eks. “A”

Do. Bank of East Asia... $95)

$1382

217 £29

£15

14

**

$1,385

FOREIGN MAILS.

RADIO NOTICES

The Radio Office, where fall information concerning all wirolses services may be obtained at all timon, is situated on the ground floor of the P. & U. Building in Doa Vaux Road, next to the General Post Offic

Individuals and arms are recommended to register their teingraphic as ' dresses at the Badio Oos. No charge is made for this,

INWARD MAILS.

FXON

U.S.A. (Seattle, 2nd Feb.), CANADA) JAPAN, SHANGHAI & EUROPE vs

Inmirançes

The

#1)

T.160 $387

$540 $995

Canton Ips, ä......... Underwriters...... North China....... Union Ins

$780

M.360 Yangtze In...

$1.10 $1,30

$308

#246 $800

T160

Siberia (London, 2nd February)

JAYA TIK ŠOKRABAJA

$00

MANILA

The trade of Hong Kong and the prospects for British manufacturers are the subject of an interesting article in "The Times Trade and $TÉS Engineering Supplement." writer, a correspondent on the spot, states that civil war in the neigh bouring provinces and the fall in the price of silver have had the effect of restricting operations by importers, but in some directions there are great possibilities. All 26 that is needed is stability. If civil war and banditry ceased, and the currency kept "fairly quiet," there $25 would, in the writer's opinion, be a great trade boom. He mentions that piece-goods valued at £1,000,000 were imported from this country in 1929, and over £300,000) worth have been ordered for this year, showing that the market in stil! useful to the United Kingdom. $17

Hustling for Business.

over

China Fires

H.K. Fires

Shipping

Douglases

Steamboats

!!!

Bhangrai à AmOT ...

STRAITS MANILA

**

***

י

ANOT

$24

$53)

36+

~HANGHAI

JAVA

$50.

JAPAN...

$43

Indon (pref)

$00

$70

Do. (del)

99/6

Shell Transports

93/8 96/.

$351

Water-boats cu

JAPAN, & SHANGHAI

Mining

....

47/8

Banquets.

Kailans .......

T13.60 angkats (comb)

3.7

Do... (single)

T1.30 Exploration........

T.6

Shanghai Loans ...)

R&nbs

Tronoh Mines

Docks, Whatres,

Godowns, etc.

!!!!ES

18/3

$144 6x div. $144) er div.' H.K.K. Wharts... $148 ex div.

$5.10

2.190 T.123

T7.80 T.216

At the same time, the picture is not altogether a happy ons. Com petition in all lines is described as at 8773. Hong Kong Fires can be placed at 8895. A dividend of "fierce." Gone are the "ald luxuri- 847 per share has been announced; ous days" when the Chinese de- against 843 paid last year. Usalers came to the offices of British derwriters have receded to $1,40. firms and accepted offers which, Shipping, Hong Kong, Canton when one hears of them, seem and Magno. Steamboats R.negotiated at the outset at $25, but

were legendary to-day. "I have to get out in the street and go to my W. have since advanced to $28. Douglas Chinese clients in order to earn

a few dollars," said the head of a T16.10 Steamships are still on offer 993). Waterboats are wanted at $25 ex the big firm. of importers to the writer dividend of $1 just paid. Shell of the article. Of what is known Transports have cased to 02/6. locally as the "Muck and Truck Docka, Wharves and Godowns. Trade," which includes anything Deals E.Wharves at 81411 ex the dividend leading specialities, a prominent were mado in Kowloon and everything.apart from the few of 80 just paid. Whampoa Docks British merchant declared that he

T. S. Whyte-Smith and Dr. S. S. Strahan.

McKnight and T. C. Monaghan.

10.54

11.00

11.04

11.08

11.1

A. B. Purves, and A.

11.16

11.20

11.24

11.29

11-82.

11.30

Lissaman.

E. D. Lawrence and S. Morrison,

I. H. Geare and A.

Ferguson

Roberts.

have firmed up to 8323. China Prowns "just making n living at it." Esidents have weakened a little, and He complained that the Japapcar are now offering at $3.10. Shang supplied the Colony with more felt- D. J. Lewis and Whai Decks are wanted at Tls. 122. hats than Europe and America Hongkow Wharves have declined to combined, that France and the buying quotation of Tls. 215. United States sent out a much grea- ter value of fancy goods than did Great Britain, and that of iron- ware Germany sent out as much as Britain and the United States put together. Great Britain was placed fourth on the list of enamelled goods.

Enger.

E. Des Voeux and New Engineerings are enquired for

at Tie. .80. G. F. Ellans and L. Coulthart,

Lands, Hotels and Buildings,

chic...

D. S. Robh and A. Rit. Hong Kong and Shanghai Hotels were dealt in fair quantities at $12.00 Hong Kong Lands were realised again at 804. Humphreys Estates were done at-814. Realtys are on offer at $9.30, after transac tions at this rate. Shanghai Lands tore unchanged with buyers at Tls.

295,

BASEBALL MARKET

EASIER.

BABE RUTH NOT SO FIRM.

[UNITED PRESS. ]

March 7.

Island

$631

41:1

Providents...........

H.K. Docks

Shanghai Docks

New Engineerings Hongkews.....................

Dotton Mills

Evos

T.So

S'hai. O'tons (old).

T.78

Do (new).

T.10

Zoong Singe

Lands, Hotels and Buildings

H.K. & S. Hotels... H.K. Lands

31

܃ ܃ ܃ ܊܂

Tist

1.9

26.16

$120

7.71

**

T16.15

T.831

7:31

Pra

DJ

Trisondari

Emp. of Canada... Kashima Kara... Prts, Jackson Tilawa Acas

H

Pris. Taft

15th Mar.

Trilabost

15th Mar.

16th Mar.

16th Mar.

16th Mar.

17th Mar

18th

Mar.

18th Mar

Nagpors Tjikarang

10th Max

1911. Mar.

La Plata Mari

10th Mar,

Tonyo Maru

20th Mar,

Aki Maru

9th Mar,

Kamo Maru

glat Mar.

Pres. Wilson

22nd Mar.

Pres. MoKinley .. Ohmonceaux

24th Mar.

25th. Fab

28th Mar

| Emp, of Bussia

Pru, Fan Buren

30th Mar,

Sth Apr.

U.S.A. (San Francisco, 22nd February),||

HONOLULU, JAPAN & Quakerat

Australia & Manila

U.S.A. (San Francisco, 21st February;)

BOKOLI LE JAPAN & SHARONAI U.S.A. (San Francisco, 18th Febron-y},

HONOLULU, JAPAN AND SHANGHAL JAPAN & SHANGHAI

U.8.A. (Seattle, 8th March), Canada,)

JAPAN HANGHAI

CANADA (Victoria, B.0, 8th March),

USA, HONOLULU. JAYAN & BEANOR U.8.A. (San Francisco, 7th March),

HoXOLULU, Jatan & Spanora

Prea, Juforizm

OUTWARD MAILS.

REGISTERED and PÄROEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and" where mails are advertised to close at or before 9 a.m. registered and parcel mails are closed at 8 p.m. on the previous day.

FOR

PAR

New Mathilde

DATE & TIME

Saturday, 16th,

Kowloon PO.

8,30 & X

Beg

Hoitow & Haiphong

Straits, Ceylon, India, Mauritina, E. A 8.

Atries, Aden, Egypt & EUROPE || Kalyan .. vis Marseilles-due Marseiller, 19th April

Manila & Farcels only for Germany vis

9:00 AM

Letters 10.00 a

G.P.O.

Bog, 9.45 AM Letters 10,80 M

11.80 A N 1.00 μ w

Parcels 3.00 7 M.

LOO

Shanghai, & "EUROPE yis Siberia....

⚫3watow, Focchow & Wei-Es'-Wei Manila

*

Tjikini

$12.90

$12.90/13

$64

T.135

Shanghai Landa "...)

88.30

HK Realtys

314

Humphreys

8021 $7.909.10 38 $14

308

Chinese Estates

Public Utilities

* Hamburg- Fort Bayard

Vogtland

www

Wing Wo..

5201

$20.60

Tramways

$20.40) $20.60 20.507,60

Manila, Sandakan, *Australia & *New】

Zealand via Thursday Island-due}|| Tanda". Thanday Island, 31st Marsh

Rog

415 P

Lettors

5,00 P

8111 $6.05

867

319.15

$87 $13.20

Peak Trams (old)... $11

DA Star Ferries

Manila

**

INL

Pras. Taf

(new).

Bog.

600FM

8664

$58

Jalchas

Letters 8.10PM

CLights (old).... 819.20

$15

Do.

"..

(new)..

$16

Bunday,

16th.

Poverty Makas Poor Business. Turning to another report sent from Hong Kong to the Federa tion of British Industries

Do. (comb.).

$221

323.

8.50

187

$66

H.K. Electrics

2001

9.00 &

893

Macao do.

Java via Batavia

9.00 AM

the

841

Sandakan Lights....

Bangkok via Swatow

9.00 AM

$10.30

Telephones $10.30

Swalow, Amoy & Formosa

9.00 AM

T.184.

$183

China Buses

.10/-

Tractions ....................

10.30 ▲ # 230 M

T.10

7.10 321

Macgregor (prof.)

Canton Ices

$14.85 14.70/85

$4.10

$0.75

$5

$10.80

$7.70

Do

(old)...

Do,

(now)...

Ropes

China Sugars.........

857

Malabon Sugars...

United Asbestos

Public Utilities-China Lightsrather starting statement is found (Old) have fluctuated between 819.30 that cotton singlets and socks are and $10.40. The new shares are now being made in China and ex wanted at $13. Hong Kong Elec ported for male in England. This 18/3 tries were sold at $60) ex dividend. is confirmed to some extent hy the ST. PETERSBURGn, Florida,

Star Ferries changed hands at 867. statement of the Times correspon- Hong Kong Trams fell away early dent that there are now several fac Babe Ruth, the famed King of in the week to 890.10, but have since tories in Hong Kong which manu- Swat and the outstanding base-recovered to a buying quotation of facture cotton singlets and socks. ball hold-out of the 1920 season, to 920.00, with business done at inter- and millions of dollars worth of "day held a conference with Col.vening rates.

these goods are being sent to the Jacob Ruppert, owner of the New Miscellaneous. Green

Straits Settlements, Dutch East York Yankees, in the course of Cements (Combined) have eased off Indies, and oven to India. To re-. which they made mutual concessions a hit and deals were made at $1485. turn to the F.B.I. correspondent's which apparently foreshadow an Raubs have continued their upward review, he states that British wool. agreement..

movement and were bought at $16 len articles are popular in China, at the elone. Lane Crawfords were sold at 82.70. Dairy Farms were and their price rankes them a ut the country is impoverished, taken off the market at $92.10. luxury. Indeed, the evidence of his Telephones at 810.40 mark a further survey supports the view that the rise.

Chinese market for several kinds of British manufactures is declin- ing, chiefly because of the poverty of the people..

Ruth offered to sign two-year contract at $85,000 a year; previous ly he had wanted a three-year con- tract at this figure, Ruppert offer ed a twofold proposition. He said he would sign a two-year contract at 850,000 a year, or a one-year con- tract at $85,000. His original ides Way one year at 875,000.

Following the talk, Ruth said to reporters:"I conceded a point and Colonel Ruppert has come up to ineet me. I don't think we are very far apart."

The Babe's willingness to forego a three-year contract is regarded as the removal of the chief obstacle in the way of agreement. Ruppert has contended that a three-year contract would be altogether too satisfactory for the Babe and might

make lazy.

WHEN A LABEL IS A LIBEL.

AMERICANS ARE NOT UPPISH: ENGLISH.

ARE NOT SLOW.

Cotton Mills-Ewos opened with sales at Tls. 15:00 but gradually advanced to Tls. 16.25 with sales re- ported at Tis, 16.30 and Tls. 16,40.

Shanghai Cottons (Old) are a shade easier at Tla. 60.

THE WORLD SILVER SITUATION.

HOPE OF DEMAND EQUAL- LING PRODUCTION.

[UNITED PRESS.}

Washington, March 9.-Silver con- tinues to hold attention here, with demanding an import duty on silver Senator Key Pittman of Nevada

and the mountain areas pressing their agitation in favour of 4, bounty on gold.

While the Senate wrangles, înter- ests in Colorado declare that Great Dame Edith Lyttelton (the Hon. Britain is responsible for the large Mrs. Alfred Lyttelton) addressing ly successful effort to fasten a single the English-Speaking Union at gold standard upon all the nations New York recently, said that many of the world and thus cripple the people in England thought people silver industry.

Shrilarly the had discovered people in America who thought the English very poor, very tyran nical, and very, very slow."

in America very rich, very grasp. The Colorado mining leaders con-- ing and very 'uppiah

tand that, silver must return as legal tender for the payment of international debts, for the reason that bimetalism is, in their view, a fundamentally sound principle.

Britain Blamed by U.S. Senator. Senator Pittman in a

It was time to get rid of suca false labels.

recent

She foresaw a great confederacy of English-speaking nations, hound speech attributed the alums in the together by common sentiments, price of silver to Great Britain's Among these sentiments she enum dumping of India silver on the erated a passionate love of indivi- market. He said that this had dual things, an almost fantastic affected every state in the union love of justice, and a tolerance for which exports goods to China,

The United States produces each other people's opinions.

Dame Edith is the widow of the year 59,000,000 ounces of silver, ac well-known Colonial Secretary and cording to Senator Pittman, and ericketer. A writer and social imports 115,000,000 ounces, mostly worker. she has represented Britain from Latin America. at the League of Nations Assembly. (Continued at foot of next column).

EXCHANGE RATES.

(BAITISH WIRELESS 'SERVICE.]

Ruday, March 13.

Paris

New York Brussels

Geneva Amsterdam Milan Berlin

Stockholm Copenhagen

Oslo ....... Vienna Prague Helsingfors Madrid. Lisbon Athens Bucharest Rio Buenos Aitra

Do. (pret)

Industriale

Coldbeck, (ord.)

Cements (comb.)...$14.75

Miscellaneous

Dairy Farma.......................] $42} Der A. Wings......................... Amusements ...

Lane Crawfords ... Mackintoshs.........

Shanghai and Japan...

BRATOW...

Japan, Canada, U.S.A, C. & S. America &*FUROPE via Victoria, B.C.-- dus Victoria, B.C., 4th April...

banghai and "EUROPE via Siberia. Manila, Australia and New Zealand via" Thursday laland-due Thursday liland, 29th March

+

❤Manila & Java via Sourabaya Boihow..

Huichow... Volunteer...

Kalgan Cunton Haru

Koshima Maru Hydrangen

Pres Jackson

Swalow, Amoy and Fooshow Straits, Ceylon, India, Mauritius, E. & S.

„Egypt & "EUROPE via Mac-|| Aeneas dificaue Marseilles, 20th April ...

Swatow

Shanghai, Japan, Canada, U.§.A.. C.“

8. America&EUKUPE vis Van-Emp, of Canada couver, B.C.due Vancouver, B.C., 4th April, & Europe via Siberia ...

Monday. 17th,

Parcels 9.00PM

415 Latton 6.00 x

Begi

$28

81.20

$11

.

8221 $0.80 8281

$1.30 Constructions

318

Nanyang Tobacco...

812

Sinceres (old)........810.70

Do.

(new)

$9.00

Amoy

$111

Watsons

$12.90

$2.80 60%

Wm. Powells

Boihow & Bangkok

prem.

dtraits

B. Ind. G.8 Bonds... 60%

H.K. Govt. Loan ... $105

LOCAL AND REGULAR OUTWARD MAILS.

Beg

Pres. Jackson

Tai Ping

Letterm

5.00 K 6.00

Parcale.

15,00 P

Roy, 18th,9.45 Letters 10.30 N

Tisondari Kingyuan Hatching...

Tues lay, 18th,

0.80 A

9.30 X

1,00 PM

Reg.

1.45 PM

100

Letters

3.30 z

6.00 PX

Parcela

5.00 PM

Wednesday, 19th,

|k

...Yatshing..."

Straits & Calcutta Salgon, 8. Africa & *Booth American Ports La Plata Maru” Swatow & Foochow

9.15AM Latters 10.00 a

Wednesday, 19th,

3.80 r

Thursday, 20th,

8.30 AM 10,80 A Parcels 11.00 AM Lotter

Tainan

Tingchowo Kaamun

Tilcara..

124.25

Noon - 5.00 PM

4.861

Cheong Bhing

5.00

34.885

WEEK DAYS.

95.135

............. 12.12

FOR

92.78

20.385

Fox G,P,0.

FROM SHIUKOWAN BRANCH P.0.

FROM G.P.0.

19.11

[SUNDAYS & HOLIDAYS

FROM BHRUNGWAY BRANCH 2.0,

Friday,

#lat,

Гарад

*

110

Ak Mor...

9:30

Kowloon P.O...

Stráila, Ceylon, India, Mauritias, East)

& South Africa, Egypt & Europe via Marseille de Marsailles, 20th April)

4.30 PM

Kamo Haru

16.185

18.17

34.523 1641

Canton

(7.15.1. & 6.00p.m.

7.30a.m. 17.00:

P.m,

(7.16 am. &] [7.30 am, &

5.00 p.

7.00 pm.

Sunday

193)

7.00 pm. only

Manils

39.75

108.30

375 818

Macro & Trinshan

3 11/16

437

1/5 27/32

1/10

1/81

Bombay Shanghai Hong Kong Yokohama

2/02: Bilver (spot) ... 194 Silver (forward).... 18 15/16

57.15.1780 a.m. {1.15 p.m.

1.280.p.2.

6.00 p.m.

4.00 p.m.

Kongmoon (except Saturdays) 8.00 p.m. Kaukong (except Saturdays).....|--

Fatahan (By Train)

Tai O

Tal Po

Shumchun

The United States uses 40,000,000 ounces and, therefore, exports 109,000,000,000

ounces, plus the Cheungchow American surplus, into the world market,. creating a muddled situa- tion..

Ho predicted, however, that with- in a reasonable time demand would equal production, but he says that Great Britain would prefer to give silver away instead of permitting it to remain in India,

Aberdeen

Autan, Pingahan, Sautin, Btanley

Shatin, Shatankok and Sbeangebed Balkung.... Amtaz, Shekk & Taiping

(Famda)

algon

8.00 1.0. $9.00a.xx, & 18.00 p.2 (9.00 m, 13.00 pm

12.30pm. & 4.20 p.. Baturdays 11.00 p.m. &

4.80 p.m. 8.30 .. 1.00 p.m.

Sundays (p.. only

(7,16 m. & 1.16 p.m. Sunday 8.15 am. Lonly

15,00 p.m.

7.15.x. 9.00 8:10, 9.00 3.10.

11.0 am.

(11.00.02. (44.30 p.m.

(7.30am. & 11.30 p.m. Sundays 8.80 LM. Lonly

6.00 p 6.00p.m.

Bandel

Caylon, India, Mauritius, Y Esat and South Africa, Aden, Egypt & EUROPE vis Marseilla ius Marseilen, 25th April

Manila ... Swalow...

Amoy

7.15.

Pres. Filson

Maurang

Chinonesaus

Reg.

*** Lol.22nd, 9.00 a m

Q.P.O. Beg.22nd,8.46 a'm Leiten 9.30 AM

{faturday, 22nd,"

6.00

Monday, 24th,

1.30

Tuesday, 25th, Kortloon P.0. Beg. 1.00 Exfters - 1.00 2 a G.P.O.

*145x

2,80

5.00-

5.00

Noon

Reg.

Lette: s

Pres. McKinley Ohakang... Boading

430

Etralia and Galentia

Yusmearg

.8.30 2.31.

1.00 p.

Manis

10.30.

Manila

Pres. Jeferson

Emp, of Buaria

8,00 p

450 p.me

480 p.

7,00 p

7,00 p..

Huperserited screpondence caly,

Thunday, 27th," Par.

Letters 1.00 2 Saturday, 29th,

400 FX

Monday, 31st,

3,80 FM