1930-04-28 — Page 1

Page

MASON'S

DELICIOUS

O.K.

SAUCE,

Library, Supreme Court

Hongkong Daily Press

ESTABLISHED 1857.

Registered as a Newspaper at the General Post Office in the United Kingdom.

N. LAZARUS,

OPTICIANS

13, Queen's Road Central

日卅月叁年午庚

HONG KONG

MONDAY, APRIL 28, 1930.

登拜 日捌廿月肆年卅百九仟登英 Parce:$3 FER MONTH

1

Make your old gun NEW,

·No. 22,301 號覽拾玖百叁仟式萬弍第

KOWLOON-CANTON RAILWAY.

TIME TABLE.

On and after APRIL 7:5, 1930, until Further Notion (all previous

Time Table cancelled),

IP TRAINS

STATIONS No. No No.100.

Mo, 1 No, 14 (No. 16

过

2.3. P.M.

No No.18.39 50,10 No.38 FX FX PM PM PM,

•

Kowloon.Dep. 6.35 8.00 9.21 .05 10,00 12.10 1.182.32 1.20 4,80 3.40 7.35

Tanmati. Dep. 6.44 Bhatin...Dep 6.56

Taino

Taipo

...Dep 7,10

Market.Dep. 7.15

Fanling..Dop. 7.25

Sheang-

shui ... Dep. 730

20

Bundays & Holidays only

9.15 10.08 12,131,24

9.23 10,20 12,30 1,58

949 10.83 12.43 1.51

9.43 10.37 13.47 1.53

10,00 10,47) 12.57) 2,0 * — 9.01 10.08 10.52; 101 2,10

Sbum....

chan...Arr. 7.36 940 9.07 10.11 10.59 1,03 2.18

439 5.49 7.43 4.50 6.00 7.55 5,04 6.13 8.08

5,03 6.17 8.19 5.18 8.7 8.9

5,23 6.39 8.26 311-

3.17 1.00 5.29.6.38 8.32

7.18 --

'Canton.. Arri — |11,59!

5.42)

-DOWN TRAINS

STATIONS

X.1 No. 3 Xo. 7 AN. A.K.

No. No. No. 17 No.12 No.11 No.11 No. 15

P.M.P.M. P.M. P.M.

P.M

Usaton

...Dep.

3.25

8.05 -

Shamchun...Dep. 17.137.59, 10.34 11.21 11.49 2.834,39 5.47 642 Shoungshai. Dep. 135 80111049

7.07 7.14

11.58 2.40 4.48 ! 5,54

Fasling

...Dep. 7.25 8.10 10.47

12.00 9.444.60 5.58

Taipa Market. Dep.

7.91 8.41 10.57

18.11 2.54 5.00 6,08

Taipe

Dop.

7.40 3.28 1101

12.18 3.00 5.04 6.13

Shatin ...Dep. 7,53 $3911,14

12.30 8.33 5.17 638

Yaamati...Dep. 8,08 9.51 11.28

12.42 3,976,29 | 6.38

Kowloon Arr. 8.12 8.57 11.33 12.01 12.48 3.33 5.35 6.44 7.92'

7.49

!

*Fox Fist Class Passengers ONLY. WILL STOP AT ANY STATION ON Request. Farther information may be obtained at the RAILWAY OFFICE, KOWLOON, from Menara. THOS. Coox & Sox, Ltd.. Hora Koxa, from Tux Axta EXPRESS COMPANY, Hoxe Koxo, or from THE CHINA TRAVEL SERVICE, 6, Queen's Road, Foxo Kono.

30]

By Order,

R. BAKER, Manager.

HONG KONG, CANTON AND MACAO STEAMERS.

JOINT SERTION OF THE HONG. Kose, CANTON AND MACAO STEAMBOAT CO., LTD, AND THE CHINA NAVIGATION CO.,LÈD.

HONG KONG CANTON LINE Sailings from Hong Kong: Daily, at 8AM. &10.00P.M. Ballings from Canton: Daily, at 8 AM. & 4.30 P.M.

Į.

Sundays 110.00 F.M.only) (Sundays 4.30 PM. only)

W

HONG KONG-MACAO LINE. SAILINGS From HONG KONG-Daily at 8 am, & 4p.m. (Sundays excepted) SAILINGS From MACAO- Daily at 8 a.m. & 2 p.m. (Sundays excepted)

EXCURSION TO MACAO:-

BUNDAY, 4TH MAY,"

S.B. "SUI TAI"

Will depart from the Company's Wing Lok Street Wharf at 9 AM, and from Mad10 at 4.00 P.M.

NOTE-All Steamboat Company's Steamers are fitted with Wireless.

LOCAL MAPS

Peak District,

Kowloon,

Victoria, New Territories.

HONGKONG DAILY PRESS.

LATEST DESIGNS

IN

CRETONNES

ONE

TAFFETAS

_JUST RECEIVED.

ARTS & CRAFTS

LIMITED. (LOCKPORATED IN Hoxɑ-Kone) 1-3, WYNDHAM STREET.

8.C.M.P. BLDO.

Pront C. 4173.

Where to have Tiffin To-day,

LANE CRAWFORD'S

RESTAURANT

MENU.

From the Joint Waggon Roast Beef, Yorkshire Podding

and Vegetables...95 cia.

To-day's Tiffin-$1.35. 1-Tomato Cream Soup..

2.--Baked Fish, Marguery

8.-Scrambled Egg and Asparagus on Toust

w

3-Grilled Lamb Chop,

Baratoga Chips

6.-Roast Capon and Bausage

6-Curried Lobster

7.-Roast Potatoes

Boiled Potatoes

10-Marrow in Cream

11-Baked Jam Fingers

12.-Frait 19.-Tea 14.-Coffee

BANKERS AND EASTERN TRADE.

COMMENTS ON CHINA AND INDIA.

BRITISH BANKS AND 'THE SLUMP IN SILVER.

The 16th ordinary general meeting of the shareholders of the Chartered Bank of India, Australis and China was held on 3 March, on the bank's premises, 39. Bishops gate, London, E.C. Sir Montagu Cornish Turner (the chairman) said;

Hessians and bags from Australia, America and the Argentine has slackened as a natural result of depression in exports from those countries, but that is likely to re- cover in the near future.

2

tons and in some cases considerably in case of temporary indisposition exceeded that figure, last year only. The ordinary demand for reached only 15,000 tons, while 120,000 tons were imported. This was partly due to failure of crops In some districts and to the fact that a good deal more wheat is consumed in the country, and is therefore not available for export. But the low price in Western markets has undoubtedly helped to restrict exports. Cotton exports: on the other hand, from Karachi increased appreciably, and à mil- From the balanco-shee; and profit-lion bales (being an excess of and loss account statement you 200,000 bales over last year) were will notice that in most cases the shipped to the United Kingdom

gures are slightly better than last and Continent. year. Current accounts have fal-

Incidentally, I

I have now the pleasure to pre sent the directors' report and state- ment of acounts for the 12 months ended 31 Dec., 1999.

The Balance Sheet,

may bere men-

Tes has experienced rather heavy drop, especially in the coarser grades, but the very fine tea still commands & good price, and with reduced plucking on n wholesale scale the market should right itself.

The balance of trade in favour of India for the financial year 1997-8 amounted to $1 millions

len by about a million and a halt tion that in view of the diminn sterling, and seems likely to be sterling, but fixed deposits exceed last year's figures by nearly two millions and a half. This follows the trend of present-day movements

in most "banks returna

tion of business in the Port of Karachi and to the fact that this port is considerably over-banked

it has been decided that the busi- ness of the P. and O. Banking Corporation, in which this bank has a controlling interest, be trans ferred to the premises of the Char- tered Bank. This we consider de- sirable cepecially from the point of reonomy. The name of the P. and

rather higher for the 12 months now ending. Since 1864 the value of foreign trade has jumpel from 80 millions sterling to 420 millions. annually. Imports of sterling specie, silver and gold averaged from 28 to 30 millions sterling for the past 30 years, the bulk of which remains in the country in the shape of hoards, jewellery, etc. The British Raj has therefore fostered Indian trade for the benefit of In-

Position in China.

In. China the present position is slightly disappointing to those who anticipated a more speedy re- turn to peaceful conditions and had looked for a settled and po- derful central Government which could effectively control the greater part of China, and repress with

Arth hand the system of banditry on land and piracy on the water, with all its attendant horrors. This is not so at present, but the Government at Nanking has in- creased its power. The War Lorda seem to be once more on the move,

con-

I am glad to say that the results justify our paying the same divid end and bonus as in previous years, and we are able to place £30,000 to Contingencies Account with a carry forward in excess of last year. I trust this may be consi-0. Bank will, of course; be retaindia to a remarkable degree. dered satisfactory, seeing the difed and appear on the premises of ficulties under which Exchange the Chartered Bank. I am glad to banking is now conducted in the say that the P. and O. Bank itself East. There is the same extremely is in its general operations doing keen competition with rather less quite a satisfactory business... business and more competitors. It

Bombay Cotton Mills. seems impossible to obtain a work- ing agreement owing to the number In Bombay, the cotton mills have of banks concerned and the divers-been and are suffering badly from ity of interests. It is therefore the effect of Japanese competition. not surprising that exchange Added to which the industry has operations result in profits which been hampered and harassed with strikes fomented .by are comparatively insignificant. constant Business both for the merchant and agitators, who seem determined to the banker has also been difficult do their best to ruin the staple in- owing to the extraordinary declinedustry of Bombay. The mills will in prices of all commodities form- obtain some relief if the increased ing the staple exports from Eas duties on imported cloth goods are tern ports. As a result the sterl-approved by the Legislative As- and the future. is difficult to fore

cast Nanking practically ing value of bills offering in those sembly in India, but more good trols the purse and is backed up markets is considerably below the will probably result from the re- normal, and in some cases funds organisation which has already which had been laid down for the been taken in hand. Saancing of the, export trade have The total capital of nine mills, hot been fully required. It is only we are informed, has been written natural that with prices constant down from 26,375,000 to £2,250,000, Ty on the down grade dealers in while the liquidation of ten other Commodities are careful to avoid mills has resulted in a loss of laying down stocks, whether it be £1,000,000, Barbay has thus suffer- in the East or in the Western ed badly by the losses experienced-solidation and continuance of the markets. The converse to this is by its chief industry. The result- also truc, namely, that producersing depression of them untoward of Eastern commodities securing losses may to some extent account leas for their crops are unable to for the depreciation of Indian Gov- buy the normal quantity of foreign crament securities, for Bombay has goods. In other words the pur- always been a very active market chasing power of the millions of in dealing in shares and Govern consumers in the East of Manches- ment securities But apart from ter goods or manufactured British this there is the fact that India goods is correspondingly reduced. in recent years has borrowed too cheaply, as evidenced by the heavy drop in the various loans, and As regards trade in India, this was aggravated by the issue there

been haa

д compara of Treasury bills at a high rate. tire absence

in of activity

Jute Industry, nearly every class of exports, mainly owing to the restricted de Jute export business has been mand in Western markets. Wheat rather quiet, and the jute mill in. exports from Karachi, which industry in Calcutta is suffering the past few years averaged 300,000 from over-production, but that is

Trade in India,"

by solid financial and business in- teresta in Shanghai. The relations between the Chinese Government and the British representative in China are excellent. Anti-British agitation seems to have died out, and we can with all sincerity ex press our good will for the con-

a tempor

present, Government at Nanking. Bath in Hong Kong and in Shang. hai the gradual decline in the price of silver, culminating in the re- cent slump when silver has been quoted at 18fd. per oz., while fav. ourable for exports" a 4ry measure, tells badly against imports of foreign goods, especial ly British piece goods and general merchandise. The import of Bri tish goods, or, indeed, of foreign goods generally, has also suffered in N. China from increased. mari- time and inland taxation. The Chinese Government have now full liberty to fix their scale of import duties, with the result that the duties have been about doubled. (Continued na Page 2)

Diary of Coming Events.

To-day. (April-28.)

The Ghost

Meeting of Far. Eastern Meteoro- logists, Council Chamber, 10.30 a.. H.K.S.B.A., Hockey Club Marine Ground

Queen's Theatre: Talks."

World Theatre: "Bushranger." Star Theatre: "Tide of the Em- pire" and at 9.15 Ruth Van Valey presents "The New Yorkers"

ווי

Majestic Theatre The Spot light."

Concert by The Dandy Coons in Cathedral Hall, 9 p.m. in aid of Sepoy, Relief Fund and St. Peter's Church.

Lecture on Current Progress" -in-Heat Engineering" by Prof

Brown, at H.E. University, 8.45 p.m.

PW.D. Land Sales of K.LL. No. Jigan-and-IL.Nos. 3053 and 2034, at

Tea Dances Hong Kong and Peninsula Hotels, 4.30 p.m.

Dinner Dances: Hong Kong and Peninsula Hotels, 8,30 p.m. ag

European Mail-Outward: Europa vid Siberia (Pres. Cleve land), 6 p.m.

Tuesday. (April 28.)

Tennis: F. Aragon . G. Lum. Queen's Theatre: "Melody Cane." World Theatres. The Fire Bridage."

Star Theatre: "While the City Sleeps" and at 9.15 p.m. Ruth Van Valey presents "The New Yorkers." Helena May Concert, 5.30 p.m. Tea Dances Hong Kong and Peninsula Hotels, 4.20 p.m.

Diquer Datar Hong Kong," Peninsula, and Repulse Bay Hotels, 8.30 p.m.

European Mails:-Outward: Europe vit Marseilles (Calchas),

2.30 p.m.

Wednesday. (April 30).. Hotkey: Club. z. U.S.I.C. ground

Tennis: G, Lum and I. Aragon

HKS.R.A.,

Fire

Queen's Theatre: "Melody Lane." World Theatre:

** The Brigade."

Star: While the City Sleeps" and at 9.13 p.m. Ruth Van Yaley presents The New Yorkers."

Macao Electric Lighting Com

THE

HONGKONG

PENINSULA HÓTEL; HONG KONG HOTEL; REPULSE BAY HOTEL PEAK HOTEL

AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL;

HOTELS,

LIMITED

IN ASSOCIATION WITH THE GRAND HOTEL DES WAGONE, LITS, PEPING.

The Only Hotel in CANTON Directly under Europeas Management.

THE VICTORIA HOTEL

SHAMEEN

Guides and Tripa arranged for

and Special Care Taken of TOURISTS. Cable Address: "VICTORIA."

Guns repaired and reblued by expert gunsmith. Satisfaction guaranteed.

THE HONG KONG SPORTING ARMS & AMMUNITION STORE,

5-6, BEACONSFIELD ÁRCADE.

JUST RECEIVED "AND FOR SALE FINE ABSORCINE OF LOOSE-LEAF STAMP ALBUMS with Spring Back and Patent Stops

From $2 to 322 Each.

GRACA & CO., DEALKES IN POSTAGE STAMPS, POST CARDH, GARDES SEEDS, Tors, dc.

* No. 10, WYNDHAM STREET, P.O. Box No. 620.

HONG KONG

18

ON SALE.

HONG KONG HANSARD RE-

PORTS of the MEETINGS

of the LEGISLATIVE COUNCIL for the Session 1928.

RAYIND BY MEXIKI.

PRICE

HONG KONG DAILY Prams Orich

Courtesy, Comfort, Service and Luxuries of Modern Hotel Construction

THE HOTEL RIVIERA

MACAU

Cable Address — Riviera, Macau."

[42

THE STANDARD LIFE ASSURANCE CO.

1,000 on wrtaining the age of Fifty-Ava Premiums moderate.

¿Particulars from —

Conditions liberal.

DODWELL & CO., LTD.

AGENTS,

2, QUEEN'S BUILDING.

THE WORLD'S

GAZE

TURNS POLITICALLY, ECONOMICALLY, ARTISTICALLY TOWARDS

JAPAN

Where Oriantal charms are jeslovaly preserved intact amidet

the most advanced Oriental Çivilization,

THE JAPAN HOTEL ASSOCIATION (Affiliated with the D. M Liwwan Horela Os, of the Pacific Coast and the UNITED HOTALS COMPANY of Amerion. MEMBER HOTELS

pany's Annual Meeting, Prince's ATAMI Building, 12 noon.

Tea Dances: Hong Kong and Peninsula Hotels, 4.30 p.m.

Dinner Dances: Hong Kong and Peninsula Hotels, 8.30.p.m.

European Sails:utward: Europe via Siberia (Empress of Asia), 10 a.m.

Thursday. (May 1) -Queen's Theatre: "Untamed." World' Theatre:" Mágician." Star Theatre: "Red Dance." - Tea Dances: Hong Kong and

Dinner Danoes: Hong Kong, Peninsula, and Repulse Bay Hote's,

8: A. and H. D. Rumjaha. Football-Div. II.: University .. Ewo, Chinese "B" S. 8.30 pm. Joseph's, Kowloon r. Club, Somer- acta Chinese "A," South China "A". South China "B

European Mails: Outward: Europe vid Siberia (Asama Maru), 8.30 a.m.

Hotel rates for Single rooms (without bath), including meals. :

Y 12.00 up in cities and some popular resorts.

10.00 ap in country districts.

ÁTAXI HOTEL MAMPHI HOTEL

BEPPE

IN JAPAN

NAGASAKI -

JAPAN HOTEL NAGOYA

NAGOTA HOTEL İKARA

Нотки

KOBE

ORIENTAL HOTEL- "

Tos HOTEL

KYOTO-

KYOTO HOTEL.

MITAZO HOTELA AN

NIKKO

HOTL

OBABA

DOBA HOL

ORAKA HOTEL

(Nikko)MATSUBHIMA 1–7

KAMEKOI HOTEL CRUZENJI

LAK GRID HOTEZ KAMAKURA ****

KASI HOTEL KABULZAWA Mixi Hồi

PSEC Eon MITAJIMA

MITAJA HOTEL

MIYANOSHITA

TOKYO

INFERIAL HOTEL METTOUCHI. A Hora OXORI HOTEL TOKYO STATION

HOTEL

UNZEN

KYCHIU HOTEL

YUME: HOTEL

TAXABAZUKA HOTEL YOKOHAMA

// (Hakono)i—SHIMONOSEKJ. FUTY HOTEL BAXTO HOTEL

ZZINI TAIWAN (FORMOSA)— TAIHOKU-TAIWAN RAILWAY HOTEL

IN CHOSEN HENJO

HUG RAILWAY

Horaz Now

·GRAND

IN MANCHURIA. FUSAN:-

¡CHANGUHUN: HOTEN Malden) FUSAN STATION: YAMATO HOTEL YAMATO HOTEL

HOTEL DAIREN

BHINGISHU STATION|BOSHIGAUKA:÷-

HOTRI YAMATO HOTEL

Arthur) YAMATO HOTEL

CHGARY HOTEL

•Open from April 1st until October Bist..

THE JAPAN HOTEL ASSOCIATION

areof Tario Bureau, Derikthesy or RailwAYS, TOKYO,

64)