1930-03-20 — Page 11

"STRAW VOTE ON PROHIBITION.

INTERESTING FIGURES.

(UNITED PRESS.]

NEW YORK, March 13.

THE HONG KONG DAILY PRESS, THURSDAY, MARCH 20, 1930.

Money and Markets

WATSON'S ANNUAL

REPORT.

A brat tabulation of the Literary LAST YEAR'S PROFIT $3,000, Digest's "straw poll" to ascer tain nation-wide sentiment on the prohibition question indicates three- to-one opposition to the present Jaw on Prohibition, it was a nounced to-day.

Warning was issued, however, that early returns should not bo construed as indicating anything definite."

Of

A total of 20,000,000 ballets have been distributed. On the first count 201,885 ballots were checked. these, 80,730 were votes in favour of the continuation of Prohibition, 91,915 favoured modification, and 118.934 favoured repeal.

These returns covered portions of the States of New York, New Jersey, Kansas, Illinois, Indiana. Ohio, Iowa, Minnesota, Missouri and Nebraska.

and

New York and New Jersey proved "wet, Kansas was dry the others showed, less pronounced attitudes..

National politicians are watching the poll with intense interest as an indicator of sentiment throughout the United States. Presidential polls by the Literary Digest have given indica- extraordinarily accurate tions of how the genuine vote was subsequently to be recorded.

'Drys" Confident of SuccesS

The profits for the twelve months ended October 31, 1829, amount, to 887.988.72 which together, with the carry forward of $62,044,67 from the previous year, leaves $150,033.30 available for appropriation.

The Directors will recommend at the forthcoming annual meeting of shareholders, on Saturday, March 20, that this sum be allocated n follows:-

To pay a dividend of

70 cents per sharo which will absorb...8 94.000.00 Write of building im.

provements... 1,408.00 Carry forward to next

account

61,625.30

$150,033.30

TEA CULTIVATION. JAVA AND SUMATRA FEAR

FM.S. COMPETITION.

Medan. Japanese and Sumatran papers are expressing apprehension that Malaya will shortly become a competitor in cultivation, now that Cameron's Highlands are opened.

WASHINGTON, March 13. Members of the House Judiciary

Expert contributors point to the Committee in charge of prohibition hearings to-day listened to the fact that some 100,000 acres of high- reading of telegrams from all parts ly suitable land will become avail- of the United States. in which in-able, though in their opinion, the dustrial lenders advocated a reten- only handicap may be the supply tion of the present "dry law."

On the other hand, stress is Inid A message from Alonzo Stagg. veteran football coach of the on the fact that this difficulty can University of Chicago, endorsed be overcome because British India prohibition as a great benefit to the offers an inexhaustible reservoir of

labour. youth of the land.

Testimony of the "drys," which follows the innings enjoyed by "wet" proponents, is expected to last several days more,

On the committee calendar are seven resolutions as follows:-La" Guardia's Bill to restore Sintes' rights to the control of liquor; the Cochrane resolution to repeal the Prohibition mendment;, another Cochrane resolution to exempt three per cent. beer and light wines from application of the Volstead Enforce- ment Act; Mrs. Norton's project

national referendum on pro-. for hibition, and the Bills of Congress- man Sabath, Clancy and Igne, all of which provide absolute repenl.

It seems almost certain, however, that Congress will take no stap at the present time beyond the transfer of enforcement activities to the Department of Justice.

The Points of Vlaw.

"wets"

and The attitude of

seems to be as fol- "dry" TOW lows:-

The Drys believe they have an overwhelming majority in both House and preponderant support of national public opinion. They await a crushing reveraal for the Weta.

2-The Wets, although not ex- pecting immediate success in their objectives, see an imperative need for keeping the prohibition issue before the public and, therefore, welcome the prezent hearings. They' "hope to gain strength in the indus

trial Eastern states by forcing dis- cussion of the issue by candidates; for Congress.

of labour.

EXCHANGE RATES. ·

[BRITISH WIRELESS SERVICE. ]

RUGBY, March 18.

124.30

Paris New York Brussels Genova Amsterdam

Milan Berlin

Oslo Vienna Prague Madrid

RUBBER.

"IMPROVEMENT FOLLOWS ANGLO-DUTCH AGREE-

MENT.

Mesara, Pentreath & Co. have forwarded us the following_letter," dated February 12 from Messrs. Henry Hemelryk & Co., Liverpool.

Since our last review, there has been rather more movement in the market than for some time part, and, on balance, values show an advance of id for Spot and id for forward deliveries after having been considerably higher.

The improvement has been due to outside influence rather that to trade demand. The chief cause has been the meeting between the Eng- lish and Dutch growers last Fri- day, following which it was an nounced that cortain recomenda- tions were adopted for submission to the main bodies for dealing with the output side of the question. In addition, the January shipment figure of 61,097. tons proved to be about as expected, and the stocka in the hands of Eastern dealers, which were known yesterday, show only a moderate increase of about

600 tons.

So far consumers have shown no

particular anxiety to buy, which is quite characteristic, but they will probably be the keenest buyers when the price has advanced id or more per 1b.

It looks as if sentiment is once more veering round and becoming more favourablo to the article. We think that a period of more ac- tivity and better prices are ahead, especially if the report current yesterday that February shipments are likely to show a decrease of approximately 10,000. tona is con- firmed when the official figure is received early next month. At the same time, the prevailing gloom in financial circles is a deterrent to much of an advance," and "longs" may have to exercise patience.

Stocks:-London 61,462 Liverpool 19,781 tons: net increase of 865 tons."

tona,

DAILY SHARE QUOTATIONS.

HONG KONG STOCK EXCHANGE.

SHAREBROKERS ASSOCIATION.

Buyers Бебето Bal Komla!|

WEDNESDAY, MARCH 19.

Buyer Sellers

Homkin?

300

$770

.180 $398)

$840 $900

1,389)

!!!!!!

118!

£18

***

$399/400

M.800

404

****

204

Bank

HK. Banks

Do. (London)... Chartered Banks Marcantile Eks: "A"

Do.." "C" Bank of East Asia...

$90

Insuranoss

►

$765

.Canton Ins

Underwriters

$1.10

North China

$398

Union Ins...

Yangtare Ins.. - China Fires

$245 $805

H.K. Fires.

$1,390

2:::::

"Shipping

$231

Douglas

$961

$27

Steamboats....................

$43

Lados (prel).......

$70

Do. (del) 09/0961.

Ebell Transport...

$25

86.63

50

Water-boa ta

Mining

Benquete.....

Kailans

T1360 Langkats (comb.)...

7.7 Da (single)

TL30 Explorations........

Shanghai Loans Raubarek 91- Tronoh Mince.....

TI

$10

$1453

$33

T7.80

2.123

T-218

!!!!!!

r

111811

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$158

T.120 7.71

HR

T14.10 es div.

Ewos

T13.60 T13.50 ez div.

La

T.80

Shai. Ctons (old)...]

1.931 T31

7.78

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(DAW)...

T.91

T.10

Zoong, Singa

Lands, Hotels and

Buildings

8842. T.995

12.80.80

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$98

$14

164 ***

Shanghai Lands

B.K. & S. Hotels...$12.70 $12.80 H.K. Lands*****

H.K. Realtys $7.90 $8.10

Humphreys | $14

"Chinese Estates

Public Utilities

|

!!!!!!

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U.S.A. (San Francisco, 18th February),}{

HONOLULU, JAPAN AND Suangkan

JAPAN & BRANOMAI-

SWATOT

Ho Sang ....

Mirsapore.. Tango Har Ühenonceaux Oremer

U.S.A, BOBOLTI. JAPAN & BENCH 13 UBA (San Francisco, 7th March',

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FOR

Hoihow, Pakhoi & Haiphong

Shanghai & Japan

Straits...

Stmita & Calcutta...

Tjibodas Nagpore Keeman

Рус

DATE & TIME

4.881.

Thursday, 10th,

34.883

· Menodo Maru

05 125

12.12)

Java via Singapore and Batavia

8.30 AM 9:30 AM

102.) &

02.873

10.30 ▲ -

20, 36వ

Stockholm Capenhagen

18.11

$10.00

Tramway's 'ry

$20

$20

jax'dir.

18.165

18:17 34.525 164 38.60

Helsingfors

100%

Close London last night:-Spot 8.1/16d, 7.13/18d, April/June. July/September 8.5/10d, October/ December 83d, January/December 1931.01.

8113 88.05

Peak Trams (old)...

Do.

Fort Bayard

Tilam.. Taipcosak..

Faroela 11.00 A M Letters

Noon

12.30 P

(new)...

Biraita & Calcutta

867

Star Ferries

Sumaira Mark Hydrangea

1.30 F

£30 PM

$207

$21

Bog

5.00 M

$16

1 Letters

6.00

108.30

8661

8661

Priday," 21st,

Athens

375

Fuensang

8.30 A

Bucharest

BIB

5 23/32

811

103/11

La Plata Maru..

9.30 &

Buenos Aires

T184

9.30 A

Ohung Kong

6.0

Bombay

1/5 13/10

Shanghai

1/102

18/3

Kowloon P.0,

་

Beg. 4.30 PM

1/52

2/02

10 3/16 19

Lisbon

Rio .........

Hong Kong Yokobama

Silver (spot) Silver (forward)

POLICE "METHODS CRITICISED.

CRIME DETECTION "UNSATISFACTORY."""

Our New York, correspondents cable that sentiment is turning. 823 bullish and offerings are · searcé. British and Dutch efforts to re- strict production are stimulating the market, and important dealers have been buying heavily.

Close New York last night: May 16.30, July 16.70c, September

17.20c.

DRIVER GASSED IN A TUNNEL.

$941

[651/68]

$10.30

$4.10

C. Lights (old)......

Do. (new)....

Do. (comb.).

HK. Electrics

Macao do.

Bandakan Liglita... Telephones... China Buses

Tractions

Do. (pref.).

Didustrials

Caldbeck, (ord.)

Macgregor (pref.)]

Canton Ices

Cements (comb.)... $14,80

Do (old)...

Do. *(now)...

Ropca........

Chiza Sugars........ Malabon Bugars ...

United Asbestos

Miscellaneous

Der A. Winga............... Amusements..........er 8281

$1.30 Constructions...]

***

www

$27

BARERIB⠀⠀

$29

Swatow...

Shanghai & *EUROPE via Siberia

Amoy

Saigon, Straits, Ceylon, India, Maritius E. & 8. Afries & Boath American Ports Japan

Tourans...

traite, Cegion, India, Mauritius, Esst South Africa, Egypt & Europe vis Marsaillesdne Marseilles, 20th April

* Mars...

Kamo Maru's |Lot.22nd, 9.00 a m

G.P.O. i

||Beg-32ad9.45 AM Latter 9.30 AM

Saturday, 22nd.

BOJAN

10.30 ▲ M

10:30 AM

Haibow & Bangkok

Saigon...

Haigon....

Foodbow via Swałow

Amoy

Manila...

-

4'

5.00 M 5.00

Yingchow Triloboet

Waishing

Cheong Bhing

Kiungchose

Prom Wilson

Jawani Kiong Hozan Karu

Monday, 24th,

T.10 T.10

12)

$14.70 $14.88

NA

$16.50

47

THREE VICTIMS OF A RUNAWAY TRAIN,

80.80

$5

6.00 M

Sunday, 23rd

E

The fact that an engine-driver

a tunnel was dis- $0.80 closed at the inquest at Bath re- state of cently on the three victims of the railway accident when a goode train became uncontrollable, and ገና 74,85 derailed in Bath Goods Yard.

Sandakan

9.00 A

#201

$21

Bangkok vis Swatow..

0.00 AM

f

Swatow, Amoy & Formosa ...

9.00 & M

$284

81:20

$18

Crawfords ... Mackintoshs

Japan, Honolulu, Canada, U.S.A., C. &,

cola 8.00 PH

$12

Nanyang Tobacco... Sinceres (old)......... 810.70 Do: (new).... $9.00 $11 Watson ...

84

$15.20

By America, & *DUROPE via San Fran- Pros. Taft cisco due San Francisco, 18th April .....] Shanghai and EUROPE via Siberia

***

Pat

4.15

alters

5.00 P

3.00 2

Pran Taft

erters, 8.00 ■'

$2.85 60%

Wm. Powells...... 824

fara via BataTİK

Tjimanoek

}ear.

8%

"In many forces the detection

Suggestion Against Dollar

was gassed in of crime is far from satisfactory, Steamers. Mr. Carlton Sherwood, head of and it is difficult to arrive at the

true cause of such the Citizens" Committee of 1,000 Favouring Law Observance, was the things." chief figure in this afternoon's pro- Mr. C. de Courcy Parry, one of hibition hearings before the House the inspectors of conatahularly, Judiciary Committee.

Answering questions put by Re makes this criticism in his report presentative, F. H. LaGuardin of on county and borough police for New York, Mr. Sherwood said that he did not know whether some ces issued recently as a White. Pa-

members of the Citizens'. Com- per. mittee actually favoured repeal of the Eighteenth Amendment, but all members of the committee favoured observance of the Prohibition Act while it remains a law.

"It may be due, adds Mr. Farry, "to a large extent, to the police being so much engaged on traffic duties instead of attending to the duties for which they were Mr. LaGuardia aroused a storm originally intended. It may also of protest when he asked Mr. Sher- be due to lack of experience in cri-

wood whether Dollar Line, steam-minal investigation."

ships had bare "and served liquors. Mr. Sherwood said he was unable to answer, and several committee members protested against the question as unfair.

Lack of Keenness? - Pointing out that the degree of efficiency varies considerably, Mr. Parry states:

Henry John Jennings, the driver, Sidney Jack Loader, a clerk, and Isaac John Norman, a yard inapec- tor, were killed.-

The jury found that Jennings wus accidentally killed by being rendered helpless by the presence of gas in the tunnel, and unable to control his cogice, and that his in- capacity was responsible for the deaths of the other two men.

Carbon Monoxide.

case of

Canton

Dairy Farmsamin

B. Ind. G.8 Bonds... 80% H.K. Govt. Loan....| $1054|

LOCAL AND REGULAR OUTWARD MAILS.

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Bwatdw, Amoy And Foochow

Mavila, Australia & New Zealand - vis"}

Thursday Island - duo Thursday Island, 7th April

WEEK DAYS.

SUNDAYS & HOLIDAYS

FLOx

FOR

FROM G.P.O.

FROM SHEUNGWAN BRANCH P.O.

FROM G.P.O,

Manila

Japan Swatow

(7.15 am.'4} (7.30 am, k

(7.15 m. &} · 7,30 n.m. 7.00 p.m. 26.00 p.m.

6.00p.m.

7.00 p.m.

Bundaya (6 pm, only

Sundays

7.00 pām. only

57.15 am, & 7.80 a.m..

1.25 pim.

11.30.

1.00 p.m.

6.00 p.2.

7.15 ..

Dr. E. Scott, White, who, perform- ed a post-mortem examination, said that a test proved the existence of carbon monoxide in the Jennings, and he concluded that Jennings was unconscious before he It sometimes happers, in county received the injuries which actually Macao & Tsinshan forces, that, in spite of an efficient caused his death. The circum- chief constable, some of the superin- stances suggested that the driver tendents do not show that keenness was unconscious and unable to con

Kongmoon (except Saturdays)] 5.00 p.m. and aptitude which one expects trol the engine. from officers of that rank,, conse.

Dr. Scott White, answering the Kankong (except Baturdays)...... Committee Broken Up.

quently the divisions under their foreman, said that his conclusions Hearings on Frohibition measures command are let down and com indicated the existence of gas in Fatahan (By Train) before the House Judiciary Compare unfavourably with other divi- the tunnel. mittee broke up in an uproar this sions in the same county.".

Representative L, M. Dver of Missouri, who is classified in on "wet,"

said that he had taken many trips on Dollar ships and that he never saw a bar on one. M. Dyer recently visited the Far East, travelling on the Dollar Line.

THE G

Mt. Charles Wagner, guard of Tai Fo afternoon when Representativo) Sir Llewellyn Atcherley, in his the train, said that the Midford: Emmanuel Celler of Brooklyn charg report, emphasising that the net tunnel was 1,813 yards long, and Shumehan ed that Mrs. Henry W. Peabody to catch the fugitive needs to be there was no ventilating shaft of Boston, heading a squad of wider than ever and thoroughly throughout its entire length.

Mr. George Bonahaw, a London: Cheungchow "dry" woman witnesses, had been laid," recommends the adoption of prompting and coaching her wit some organisation which would Midinad and Secttish Railway permit any chief constable to call driver, stated that the night of the Dopresentative Hatton W. Suma mecting of detectives from Beigh-accident was

a bad one because stanley... ners of Texas, slinking with rage, bouring forces to confer at times there was no wind, and the fumes aut, Pingsbas, Santia, arose and characterized Mr. Cellar's of any very serious crime being in the tunnel would not disperse. Bhatin, Bhataukok and

an insult to a fady committed in his own police dis- Minéral cagtes of this type were thingsbat assertion as

so large that they fitted closely to Balkung... which I do not propose to tolerate fiet, ko that there fight be Jin-

Adjustment followed in the midst mediate means of conference on the the bore of the tunnel, and fumes: Namita, Bbakki of shouting from all involved."

1 spot.

had small chance to escape.

nestes.

i

Aberdoen

9.00 д (2.00 ., & {8.00p.m. 19.00 am, & 18.00p.m. (12.30 p.m.

& 4.20 p.m. Katurdays 100p.m. & 4.30 pt 8,80 BID.,

100p.m.

8.00 pm.

14.30 px.

*$7.00 p.m.

$7.15am. &

1.15 p.. Sunday. 1.6.168.

only" 5.00 p.m.

7.15 A.m. 9.00 9.00 .30

110a.m.

7.20 mm, 8- 1.80 p.m. Sundays 8.30 am only 6.00p.m.

8.00 p.m.

(11.00 1.00.

1 & 480p.

8.30 atri 1:00p.m.

This xa

450 p.m.

...

7.00p.m.

Amby

Hoihow, Pakhoi sud Iphone

Straita

Swatow, Amoy and Foochow

Wei Hai Wei

Totalay, 25th,

10.8 M Noon

Letters 1.00 r *

Kowloon P.O. Beg. 1.00 " Letters 1,00 a G.P.O.

1.45 PM

Chenonceaux

Reg.

Lettera

5.80 ##

Hdining...

2.00.0

Pres. HaKinley...

4.30 v M 5.00

*

Домала...

Ohaksang...

Beg

Tango Mari...

Taiyuan

Chekiang... Üremer Hatching....

Wednesday, 28th,··

8 45 1-M

Letters 9.30 AM

3,89 *#*

Thursday, 27th,

8.80 A M 1080 4

1.00

Kriday.

25th,

Kueichow...

Straite, Ceylon, India, Mäntities, R. & 8.4

Africa, Aden, Egypt & EUROPE Rawalpindi via Marmeilles-due Marseilles, 25th April

8.30 A

Kowloon PO

Paroela 4,30 r m Hg, 20th, 8.00 AM Leitors 10.00am G.P.O. Far:28th, 5.00-1 1- Heg. 29th,9.45. a ME Letter 10.30 ▲ 3

Saturday, 29th,

4.30 1 Monday, "Sist

3:30 re

Manila

Free Jefferson

Eifp. of Russia '..

"Superscrited ourrespondence only.