1930-05-10 — Page 12

12

BANGGA

ASURENSEN, PA

EXPRESS

РАДАМА

LIKE

SERVICE

BARBER WILHELMSEY LINE.

TRANS-PACIFIO AND ATLANTIC COAST SERVICE via PANAMA.

M.V.

NEXT SAILING "TAI YANG”

on MAY 18th for 24

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.

HAMBURG - AMBRIKA

H

R

VESSEL.

Telephone 28021.

LINIE

FAR EASTERN MAIL-FREIGHT—and SERVICE - between : PASSENGER

JAPAN, CHINA, HONG KONG, PHI LIPPINES, STRAITS SETTLEMENTS, COLOMBO and EUROPE.

SAILINGS TO EUROPE,

DESTINATION.

8.3.

LEATING. HONG KONG.

17 May "SAARLAND " (1) Geuca, Marseilles, Barcelona, Dunkirk, Kotterdam & Hamburg

31 May (3)Genoa, Botterdam & Hamburg "AMMON" 8.5.

18 June M.V. "HAVELLAND (2) Genoa, Marseilles, Rotterdam & Hamburg Gezos, Dunkirk, Rotterdam..

4 July & Hamburg M.V. "ERMLAND" (S)"

Other Ports of Call if Inducement offers, ARRIVALS FROM EUROPE.

4.

M.Y. HAVELLAND" (3) M.V.ERLAND "

tee

M.Y." BURGENLAND (1) M.V. RHEINLAND (3)

DUE HONG KONG.

17,3lay 29 May

17 June

Fra

HAD

Subject to Alteration without Fotice.

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

Fare from Hong Kong to Genos from £70.0.0.

(2) Limited Passenger Accommodation, Qualified Surgeon carried.

(3) Cargo Boat: No Passenger Accommodation.

For farther particulars please apply to:

JEBSEN & CO.

AGENTS.

19, Pedder Street, Hong Kong.

BLUE STAR

Far Eastern Service

Tel. 24754.

LINE

Regular Monthly Fast Freight Steamers Befrigerated and General Cargo Next Sailing

S.S.

for

LONDON, ROTTERDAM, HAMBURG, LIVERPOOL

via Straits."

For Freight and Farther Information," "Apply to- DODWELL & CO,

Qacon's Building.

Agents.

LTD.

Tel 28021.

THE HONG KONG DAILY PRESS, SATURDAY, MAY 10, 1930.

CANTON TRADE NOTES.

The price of kercsene has dropped lower in consequence of large ar- rivals and little demand.

The Wachow Government has im- posed an additional tax on the im- portation of flour since the 1st in- stant. The rate is five cents per bog.

There has been a brisk demand for Chinese wolfram ores by Europe and America. Some, 3,044 piculs were exported from the city last month.

Manufacturers of aerated water report a very brisk business. There are over ten factories in the city. Large quantities have been recently exported to the country districts.

Makers of sun helmets nad straw hats are doing exceedingly well this year, their goods hing in healthy demand. Due to local rivalry, they have reduced their prices by on- fourth.

The price of sait has soared up considerably in the North River districts. The current quotation for a bag of 200 cuttica of salt is 813. as compared with $12, the usual price.

Match manufacturers report that their business has not improved due to the abundant sapplies of foreign matches. It is estimated that over 8400,000 worth of foreign,"especially Swedish, matches is imported into. the city annually.

The cotton yarn market is still inactive, there being only small de- mands by merchants in Fatehan, The quotations have dropped by one dellar per bale. Shanghai tele graphie advices inditate that the market there is normal.

LOCAL & GENERAL.

Seeing friends off at the milway station is becoming one of Tokyo's most popular pastimes. A recent check by otheials of the Imperial Government Railways showed that the sale of platform tickets, which let the bearer through the wicket bat not on the train, totalled 7,000 in one day.

The parents of Charles James Young, of Dormansland, Surrey, who landed in New York twenty years ago with a half-penny in his pocket and amassed a fortune of £43,000; recently learned that he had lost every penny in the Wall-

street crash.

The

A special meeting 1 the Aquarium Committee at Brighton was called recently to consider the position which has arisen through the beary financial loas on the Thus the Japan Chronicle: There Aquarium which was opened last is only one canal in the World. An June by Prince George. American magazine, illustrating an Aquarium, which cost £190,000, has article on the Disraeli film, deser already resulted in a losa of £11,000. bes the picture as "Disraeli sends The meeting criticized last year's Lord Deeford to buy the Panama policy and discussed plans for mak Canal. Alas! Such a triumphing, the Aquarium inore popular. us this is beyond even the Disraeli Negotiations are going on which may result in the opening of un ice. of George Arliss.

skating rink on one of the terraces during the Summer. The municipal orchestra, which has resulted in a loss of £1,800, is to be cut down from the summer season. On Sun- day nights the orchestra will be. specially augmented for symphony concerts.

matkus

The question whether men should be discouraged from removing their hats while riding with women in the lifts of office buildings is being seriously debated by a group of building contractors in Chicago, who array stern efficiency against the cause of gallantry and point out the

One of the must heroic figures cost of deffing, the hat while en route in Chilian, history, and one who to the twentieth floor, Experimenta earried out by Mr. H. H. Bell, was greatly responsible for the junior, manager of the Straus Build strong link, in naval ing, prove that for every four hats especially, between Chili and Great removed and held over the chest Britain, has just died owing to a one passenger fewer can ride in the motor accident. He was Admiral lift. This practice, it is estimated, Sir Lula Gomez Carreno, who when costs the principal Loop office build-on a visit to England in 1919 was ings £3,000 yearly in additional knighted by the King. In 1908, power needed to operate the lifts, when Valparaiso was destroyed by and in wear on equipment of extra an earthquake, he stood among the trips to pick up passengers crowded burning Fuing with a revolver in his hand and shot right and left out by the hats.

men who were looting, and attack- ing young girls. He received the French decoration of the Foreign Legion for bravery in taking charge of a ship during a heavy storm in Valparaiso Bay. On that occasion he and a comrade braved a heavy sea in a rowing boat, boarded the stranded vessel and navigated her into calm waters.].....

By the death of Mr. Alexander Allan Shead, which tnck place on April 12 at the age of 88, the City loses one whose connection with British banking and International finance extended over many years. Mr. Shand, indeed, was known in Japanese financial circles as the "father of the development of The demand for raw silk by for- eign merchants is still very dis-Japanese banking along modern. lines. For, going out to Japar. as a appointing and prices remain low. Some 2,720 bales were exported last young man in the service of a British month, showing a decrease of 31 bank, his abilities were soon recog bales over the preceding month. Ofnised by the Japanese authorities. this amount, 1,306 bales, went to the United States.

The export of ten to Indo-China has shown a sharp decrease due to the increase of the import duty rate hy the authorities there. It is un derstood that over 30 te agents have suspended business. The ex- portation of porcelain. wareto America has also dwindled due to. short demand.

BREAK IN NEW YORK STOCKS.

FEDERAL RESERVE SYSTEM BLAMED.

(UNITED PRESS)

Talkie at London Restaurant.

If experiments now in progress sugered, the Kit-Cat. in the Hay market, will be the first restaurant whose adviser he became in regard in Europe to give a talkie cabaret to banking reform. This was more show. A Press representative who than 50 years ago, for he returned

was present during a trial was 48- to England in 1975, and entered the sured by the management that there service of the Alliance Bank, after-is no intention of replacing cabaret wards absorbed by Pars Bank. On artists by mechanical reproductions.

his retirement, in 1908, he was elcet The idea is simply to sandwich in a talkie between ordinary cabaret ed to the board of Parrs Bank, and remained a director until the amal-turns to see how people like it," he gamation of Parrs with the London said. A screen was put up above County and Westminster in 1915. the stage, and an American revue, It was Mr. Shand's close connec performed by children, was one of tion with Japan that resulted in the items. her seeking his advice on financial matters during the Russo-Japanese War, and, consequently, in the ass ciation, which has continued, of Parts Bank with the issue of Japanese Loans in London.

Empire. Free Trade.

Good-Looking Girl Wives.

When a girl wife applied for a summons against her husband, alleg- ing persistent cruelty, at Old Street, London, Mr. Whaits, the court missionary, said the marriage took place about 18 months ago and the giri bad already left her husband Discussing Empire economic twice. Each time he had fetched unity on his return to London from her back, but he had not done 30 on the present occasion. Mr. Snell, New York, May 4.-While exact South Africa Lord Melchett told

of the Friday-Saturday a reporter that he thought the pothe Magistrate: Girls of this sort are a disturbing influence in this break on the New York Stock Ex liey now 'adopted by the Conserva-

district. They have good looks at change and elsewhere throughout tive party was on very sound lines.

the time of marriage, and think the United States are somewhat As to the attitude in Africa, he

went on:-Everybody realises the they can do almost anything. Mr. obscure, the signs of storm had been culties, but the general spirit Whaits thought. he could pour oil gathering for weeks and bad re-

on the troubled matrimonial waters, sulted in considerable anxiety.

and Mr. Suell requested him to look One of the most immediate causes

into the matter. was considered to have been the announcement of first-quarter earn ings of corporations.

Causes

Efforts to Curb Speculation. Wall Street showed a tendency to blame the Federal Reserve Sys tem for its various moves designed to curb. speculation.

was certainly quite favourable to- wards anything that would tend to closer trade relations within the Empire. Naturally there is a large amount of misunderstanding "of aims and objects, and the use of the words, Empire Free Trade, which my self deprecate, creates The essential misunderstandings." difference, he said, between those who, like him, advocated Empire Traders individually blamed the economic unity, and those Administration, on the theory that spoke for Empire Free Trade, was the break resulted from similar that the latter was understood by efforts to prevent speculation, re-most people to mean the abolition Bulting in high prices such as ruled of all tariffs between different parts at the time of the great crash of spoke for Empire Free Trade, was last October.

enormous mented, "would be an step forward, but I feel, as a practi- cal person, that it cannot be done under present circumstances."

A Bottle Message.

who

NO CONVICT COAL FOR AMERICA.

SIBERIAN PRODUCT ZO BE BARRED

(UNITED PRESS,} Washington, May 4.-House lea

at the present ders to-day agreed to unite in an effort to pass, session, the Brumm Bill prohibiting the importation of anthracite coal mined wholly or partly by convicts or forced labour.

SAILING

NOTICE

Weekly Trans-Pacific Service

To San Francisco and Los Angeles The Sunshine Belt cin Honolula

Fortnightly sailings on Tuendari Free. Jackson. The. Mar 20, 1am. Fras, McKinley .Taos, June Prea, Grant.Tues., June 17

To Seattle and Victorin The Short, Straight Bandito America Fortnightly salting on Turdays Pres. Pierce Tues, May 19, 9 a.m Pros, Taft Taos May 7 Pren, Jefferson...Tues., Jana 10

120, 112 Special through rates to Europe via United States. Direct

connections with all Atlantic lines. Choice of mail lines Cross United States and Canada, liberal stop-over privileges for sight-seeing.

Europe and New York Direct

ROUND THE WORLD

fosightly sailles on Sunday via Manila, Strains, Colombo, Suez Canal, Alexandris Naples, Genoa, Marseilles, Now York and Bosos. res. Adams Sur.. May 18, Ram. Pres. Johnson...Son., June 15, 8 m. Free. Harrison.. Sun, June 1,8 a.m. Eres, Fillmore Sun, June 30, 8 a.m.

To Manila

Pres. Jackson May 10, 6p.m. - Pren. Taft May 20, 6pm.

"

Pres. McKinlay, May 2p.m. Pres. Jefferson..June

CANTON BRANCH, SHA KEX STREET,

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

Round the World,

Hongkong

lawan Deli

Padan

SPEND

A.Necklace of Tropical Jewels

by

JOJ L

Tourist Routes.

Traffic

Manila

Henado

Molucco

Barda

"Seurabaya #

Bali

YOUR HOLIDAY IN JAVA.

REGULAR WEEKLY SERVICE OF TUESDATS HONGKONG/JAVA (7 DAYS).

First class fare Guilders 250,-

VARIETY SPICES YOUR HOLIDAY. BOUND TRIP Hong Kong-Manila-Celebes-Bali-Java-Hong Kong 30 days with liberal stopover in Bali and Java First class fare £46.17.6,

LUXURIOUS MAIL STEAMERS SERVICE TO EUROPE VIA

JAVA

HONG KONG/GENOA or MARSEILLES 28 Days REGULAR SAILINGS FROM HONG KONG TO SWATOW, AMOY, SHANGHAI AND MANILA. Excellent first class saloon accommodation.

STEAMERS

SOUTH BOUND.

FROM

KNFECTED ON OR алост

WILL LEAVE ON OR ABOUT

For

In some quarters it was believed that the banking community had deliberately removed its support, hoping to throw buying power into

The bill will discourage importa the bond market and thus pave the

of Siberian coal, which in the year way towards easy flotation for the first instalment of the proposed

A bottle containing a message 1928 reached more than 20,000 tons

a month. Bond

which, if genuine, may throw some G$300,000,000 Reparation

Labour organizations are sup- issue.

of coal Traders to-day were anxiously light on a six-month-old mystery of

a lone Atlantic flight has been pick.orting the bill, arguing that it awaiting resumption of the Stocked up on the shore, at Bantry, at will prevent "dumping'

Noom Exchange to-morrow after the work the head of Bantry Bay, on the produced under cheap-labour condi. end break and it was evident that south-west coast of Ireland. The tions and competing with coal TJIKARANG ... S'HAL & Amar 11th May 13th May, MANILA, ME's. they had not recovered from the

message read:"Sinking fast inmined by union labour in the

18th May 20th May,

Noon sudden break which, however, caus-

mid-Atlantic. Petrol sinking low. United States element

S'HAL & ANOT-25th Mar 27th May, MANILA, Mz'sam.

Прод

1st June and June,

Ήσου

NATAL LINE OF STEAMERSed no discernible-worry among the Fighting awful-head-winds. October

FROM CALOUTTA & COLOMBO TO

SOUTH AFRICAN POETS.

8.8. "UNZOMBI”

***

Sails from Calcutta onfor about 10th May Begalar Fasenger and Cargo Service to South African Forts, Through Bill of Lading issued from Hong Kong. For Freight or Passage, apply to immen

Telephone: 28021.

"THE HON

DODWELL & CO, LIMITED.

TREASURER,

Agents.

HONG KONG BENEVOLENT SOCIETY, 525, THE PEAK.

Enclosed please find cheque for

dive dollars

being subscription to your Society for the current year.

UF-Diteman. On October

Opinion in Banking Quarters. Several of the faremost bankers asserted that the decline represent ed a normal reaction from the over. hought condition which has recent-bour Grace, Newfoundland, in an

22, 1020, Mr. Urban F. Diteman,

a Montana cattle rancher, without giving any previous notice of his To the Publishers intention, started alone from-Har-

ly developed. They agreed that aeroplane called the Golden Hind,

MAMOT

AMOT

BUZLABAIA

BATAVIA

BOEKABALA

BATAVIA

·TJSALAK

"HONG KONG WEEKLY PRESS"

TJIBADAK TJISAROEĂ

NORTH

BOUND.

EXFRUTED

STEAMERS

FROM

ON 02 ABOUT

WILL LEAVE ON OF ABOUT

Гол

k

whatever the immediate causes leaving a note, that his destination 11. Ic HOUSE STREET, Kono Kon which might be adduced, the wave of selling was fundamentally caus- ed by no new external development. In banking quarters three factors were held, to ba chiefly responsible for the sudden shift in balance:

First, the withdrawal of bank- ing support from the market during the past three weeks, as the big banks were preparing for reparations financing,

Second, rapid recovery of the paratively slow recovery or buried. ness from its alump" which start- ed last autumn.

was London. This was the first Attempt at я solo west-to-enst Please send me the Atlantic fight since Lindberu's successful fight in 1927. Mr. Dite- man's aeroplane carried sufficient petrol for 25 hours' flying, and it was considered probable that fog, rain, and east winds, which had not been' forecast, were encountered off No the coast of Newfoundland. trace of the flyer, has been lound aince.

"HONG KONG WEEKLY PRess from......... 1999 to addressed as follows:-

Third, concentrated bearish netivities on the part of powerful groups in Wall Street. (Oontinued at foot of next column).

The situation is considered to be entirely different from that of last October. Hopes are expressed that the storm has spent itself. There arems no chapes for assistance from a bankers consortium.

SUBSCRIPTION PAID IN ADVANCE. $13.00 per annum for delivery is Bảng Kong. $15.00 per annum to any part of the world (including postage)

TJISALAK TJIBADAK TJISAROEA TJISONDARI...

JAVA MAKASSAR 10th May 19th May SWATOW & AMOT BATATIA 14th May 16th May AMOT & SEAL.. JAVA MAKASAR 24th May 28th May SWATOW & Amor BATAVIA 28th May 29th May Akor & S'HAL

particulare apply to

JAVA-CHINA-JAPAN LIJN.

York Building.

Telephone 28015.