12
WET OR DRY ·
HAWAII?
A COMING FIGHT.
Money
HONG KONG DAILY PRESS, WEDNESDAY, JUNE 25, 1930.
and Markets
METAL MARKETS.
Wets within the ranks of the Repailean party are organizing a machine which they hope will be
Messrs. Rudolf Wolff & Co. re able to write a wet plank into the Port under date London. May 30:- Markets have been quiet and Republican platform at the conven-steady, movements have been con- tion which will be held in Honolulu fined within narrow limits and prices at the close show very little on July 14.
change "ns compared with those ruling a week ago.
Thus far the spokesman for the wets has been, Elbert J. Bolts, an attorney, who has drafted tenta- sively such a plank and is seeking to gain support for his proposal.
Botts said many party leaders are in favour of the plack. He has publicized the issue and is seeking to crystalize opinion on the subject so that the Convention will be ready to act after due deliberation
It is admitted that there will be strong opposition to the move, and very likely the issue will arise as one of the major items before the
Convention.
Prohibition Bad For the Poor.
The theory of the movement." Botts said, is that prohibition has worked detrimentally to the people of the territory. It has increased intoxication and alcoholism, and has had a particularly evil effect on the poorer classes who have been compelled to drick'swipes and other alcoholic, poisons.
"We feel, therefore, that action
Tin.
Tin has been quiet. With buyers displaying a little more activity earlier in the week, the three nonths price advanced to £145.10. but since then easier conditions have again prevailey, and sellera coming out more freely, prices have declined, the market closing 7/6d. to 107 lower as compared with last Friday. Sales in the East amount to 1,373 tons; shipments thence to the 28th instant were 8,390 tous. and for the months are ex. pected to be abont 9,300 tons. Premiums on Straits and Banka tin are quoted at £ und £4, re-
spretively. Demand on the part of consumers in this country and on the Continent has slackened a little, and very quiet conditions have prevailed in America. The market at the moment does not present any very definite tendency.
values has really resulted in an actual expansion of consumption or whether the heavy buying was merely in replenishment of stocks which had been allowed to fall to a very low level. If only the lattery the price may go lower before even. tually recovering.
Options, Double £3.10 to £6; Single 2013 to £3.
Opening Closing. Cash...
£31.9.6 £ Three months... £34
£34 Turnover for the week 2,000 tons.
Lead..
Lead has been quiet and steady, the price showing practically no change as compared with our last report.
Business with cocaumers has not materially improved, either in, this country or on the Contin rat, and the firmness, therefore, is due more particularly to reserve
shown by sellers, in consequence of
£15/
May
which the market has worn rather an artificial appearance,
Options-Double 21.10. Single Opening. Closing.
£18.2.6 £13 £18
£17.17.6 £19.2.0 £18 £18.9.6 £18 Turnover for the week 1,000 tons.
Spelter.
June
July
August
interest:
DAILY SHARE QUOTATIONS.
HONG KONG STOCK
Buyers Beliers
$24
EXCHANGE.
SHAREBROKERS- ASSOCIATION.
Sales Nominal
TUESDAY, JUNE 24.
Baisa Buyers Ballers
Norsinai
$1,510 1,500/- 10
£16
fot.
$32
!!!
654
Bazka
EK. Banks $1,500
Do. (London).....]
Do.
:::::
$43
$10
14
D9/3. $33+
FOREIGN MAILS
RADIO NOTICE.
Individuals and arma are recommended to register their tele graphic address at the Radio Ufice. No charge is made for this..
INWARD MAHS,
Frun
PER
Dun
Batavia
144
471
SHANGHAI and. Elwarow
Tibadak boochow
100
PAY
25th June $5
Jake
$1,500
21061
Chartered Banks...
SHANGHAL and EUROPE via SIBERA
(London, 9:h June) «Jaras and SHANGHAI
Cubiens
28th Jans
Hakuzaki Mar
xita Jugo
Morcantile His "A"
529
£19
2132
8191
Bank of East Asia... | $117
London syth May)
445
Insurancea
Eurore via Nagapatam (Papers-only
London 29th May? 940
Nogori via Napatan (Letters only
Hai (San Francisco, 3 th May)
USA, HONOLULU, JAPAN and SHANG-
Seang Boo
28th June
Pres. All ord
.28th Jane
יו
$930
Canton Insurancos,
3960
JAZAN
1
Underwritera ......
82.75
1.160
North Chinaa.........
T160
$155
3435
Union Insurandes ..
$450
5445
$400
M.830 Yangtare Insuraącos China Fires
$80
$400
$955
H.K. FiresÈ APP PRATA
3960
#17
T
Shipping
Douglases
$24
Steamboats
395
$43
Lidos (prof.)
$40-
Do. (def.)
95/-
Shell Transporta
Water-bosta
Mining
Fos
$8
Benqueta...
32/6
Kailang
TII
Langkata (comb)....
54/- T13.10
T.8
Do. (single).
T.
Macao
T130
Explorations.............
T1.30
Shanghai Loans
2.61
$23
Raubs
$24
21/.
Tronoh Mines
Docks, WharvsI,
Godowns, sta...
$174 $5.70
174/5
3.60
H.K. & K. Wharfa.
$173
Providenta
85,70
$174 $3.65/70
339
933/35
H.K, Docks
$101
་་
-asow and Foochow
Changhai, Japan, Canada, U„Š.A,, Ü. and
D. Amerian and "LUKUPE via Van- ConTer, B.U-due Vancouver, B.U., 1th July, and Europe via Siberia...
Calcutta vix Straits
traite, Ceylon, Ludia, Mauritius, E. al. Ainoa, Egypt and EUROPE vis} Marsonies-gue Alarmeines, 25, July
Empress of Asia
UIS.a,, sur quolŲ, JAPAN 501 DRANG-
RAI (San Franciscu, din June) JAPAN 2.4 DHANUKAL
... Pres MILF 13011 Parthos
„CANADA, UNA, HONOLULU, JAPAN ■.d Sanitat (Vancouver, BC, 12th Jane JAPAN and SHANGHAI AUSTRALIA" And Manila
Amy, of Canada.....
Aarnica.
A sllore
OUTWARD MAILS.
29th June JULL JERE
. Bu b, Jaze
int July
REGISTERED and PARCEL MAILS are glosed 15 minutes earlier than the time given below unless otherwise stated, and where mails are adverwand to close at or before & a.m. registered and parcel maila are closed at 5 p.m. on the previous day.
PER
DATE and TIME
Weduseday, 28th,
7.30 AM 8.30AM
9.15 AN
Lettora TouAM
+
Kamakura Mara
1
2nd July
sta wf
The July
Ventisa ... Une.ngthing
Bog.
11.
Pascala
Noot
Num Bung
Key:
Diomed
Leiters
Laclare 1.00 M
Kowloon 2. 0.
1.00 M IU Z =
G.P.U.
1133
Shanghai Docks ....
1.71
New Engineerings
0.133 T8.30
1.45 PM
Letters
9.30 PM
+4
Hongkews
Straits..
Hai Hing
2.00 PM
Haiphong
Uanion
2.30 ra
Cotton Milla
Amoy
Tasuat
3.50 P
Saigon
Helison
4.30 PM
T.131T13.30 13.30, 40
Ewos
T13.30
no.how...
Lura Jebsen
1.88
S'hai. C'tons (old)...
T.85
***
7.10
Do. (DW)... Zoong Singa
1.84
Churada,, 26th,
T.101
Eroshow, Pukhoi sua Haiphong
Monado Marú
Amoy
14
Trbadak...
Lands, Hotels and
Bulidings
cardakan
instag
Fort Bayard Swatow ***
'pos Aydrunjoa
$19.35) 12.35,48
H.K. Lands C
386
$37
886
Hothow, Pakhoi and flaiphong
80 50 3161
$0.50/70
Y si mi Wo via Swator and Foochow Yüpule
***
watuw, Amoy and hoochow shanghai
traita, Ceylon, India, Macritins, East aud South Africa, Aden, kgypt and EUROPE Tin Marseilios-dus Mar seilles, 17th July
Tuerano...
Manila ...
Chengtu Huschew"...
Hai Nang...
Friday,
Stuart Doliar
1030 AM
1.80 2.M 2,30 P.
3.00 m
07th,
8,30 M ..9.30 a M 10.30 A‣
1
LOUT X
3.20 ta
Kowloon 1.0. Reg.
Bakozaki Mari
4.40 P =
Beg. Latera
5,40 z M
6.00 e
-Ohung Long !
Saturday, 28th,
Pres. Fillmarg
5,00r M
Amoy
King you
Awanychow
Hozan Maru
The immediate future scarcely
Spelter has been quiet and easier, inspires confidence, having in view
the price elesing 2/6d. to 5/- lower the large stocks which have a cumulated and the heavy supplies The market presents
a compared with our last report. still coming forward, and consum- feature of particular nd fresh ers in consequence are inclined to business with consumers continues adopt a reserved attitude, covering dull at the same time selling pres only their more inmediate require sure has been largely relaxed, little ments. It is generally anticipated further liquidation having taken that the total visible supply at the place, and helders seemingly are end of this month will show a sub content to wait for better prices ought to be taken by the Repubstantial increase; and confidence before realising their stocks. Re- lican Cenvention in line with the bean hardly be expected to return or ports fram the Continent continue general movement throughout the sustained recovery take place, until slightly more favourable with fair- T286
there is some definite indicationfly well sustained enquiry from con- mainland, which is to look at the that the deterioration of the statis-
suming centres as a whole. and present situation frankly and not tical position has reached its limit.
Options-Double £12 to £12.10: rather more reserve,
sellets generally have displayed through rose-coloured glasses.
Single £ to E3.10.
"The idea is that the Republicna party, through the Convention, should go on record in such a way that when sud if the Volstead "Act is repealed us to the continental United States, Hawaii, as a terri- tory, will not be overlooked."
"We feel that Congress might go ahead and legislate in such a way that all States would be permitted to solve their own liquor problema, but keep the territorice under the Volstead Act.
"We desire to obtain the same relief. against Volsteadism as may be accorded to the States."
·
A Woman's Logic, Princess Kawananakoa, Repub- hean National committeewoma for Hawaii, said she could see no occasion for inserting the proposed wet plank as advocated.
"We are a territory, and as such have no choice whatsoever in the matter of whether or not we shall
have prohibition," she said.
governed solely by
are
"We Federal laws as regards Prohibi.. tion, and therefore I cannot see! any occasion for an attempt to in- sert a plank of this nature in our party platform."
IN
Other Republican leaders char acterized the move as a lot of noise from a noisy minority,
However, the issue now appears certain to excite a lot of interest at the Convention, where 562 pre- cinet Belegates will be assembled.
FATAL ACCIDENT İN SINGAPORE.
AMERICAN KILLED WHEN CAR OVERTURNS.
زا
A motoring tragedy resulting in the death of 'ho. American resident of Singapore occurred at Johore Bahru last week.
The deceased was Mr. J. J. Con- manager of the Singapore way, office of the American Express Com- pany who died at the General Hos pital, Johorë, two hours after the nccident.
Mr. Conway was in his car coming into Singapore and had reached the entrance to the Johore Causeway. when his front inside,wheel hit the cornerstone near the Johore Cus- toms Office. The car swerved and turned over, pinning Mr. Conway underneath. The Malay driver of the car was thrown out but escaped serious injury. Mr. Conway was pulled out and rushed to the Johore hospital, where he succumbed to his injuries. His injuries included a fractice of the skull, legs-and-ribs.
Mr. Conway was unmarried and came from Rhode Island. He was only 37 years of age,
WARSHIPS IN PORT,
British warships in port this
morning were?——....
Stormcloud.
No, 7 Buoy,-Sepoy..
In the U.S.A., the market is re- ported quiet and no change in price has been effected.
Options-Double £2. Single £1.
May Jane July August
Opening. Closing.
£16.13.0 £16.15.0
£16.16.9 £16.17.6
£17. 2.6 £17. 2.6- £17.10.0 £17. 7.6 Turnover for the week 1,730 tons,
$124 $857 886 7,255
$9.9€
$98
$12.35 880/1
Opening Closing. Cash
£141.10.0 £140.12.G Three months. £143.30.0 £142.13.0
Turnover for the week 3,000 tons.
Copper. Copper has been quiet, the price showing practically no change as compared with our last report. The position dors not present any fresh feature of particular interest: business with consumers continues BIG JUNE SETTLEMENT. dull and the, price of electrolytic is maintained by the Exporters' Jute Settlement was cleared yes- Association at 18,30 cents c.i.fi terday at the local "Rialto" with- Producers are in a com out a hitch. The settlement was fortable position by reason of the one of the biggest since the strike heavy sales made when the price in 1025 and though the turnover was reduced, but it remains to be was very big. "no difficulty of any san whether the lower range of kind was experienced.
more
COLONY'S RATEABLE VALUE.
76.87 PER CENT. INCREASE IN EIGHT YEARS.
In his report on the assessment of the Colony for 1030-31, the Colonial Treasurer states:-.
By order of His Excellency the Governor in Council a new raluation of the Whole Colony has been made, and the rateable value has thereby been increased from $31,617,568 to 333,050,602 an addition of $1,452.033 or 4.50 per cent.
The following comparative statement shows the rateable value of the Colony of Hong Kong in each of the ten years from 1921- 1992 to 1930-1931, inclusive:
ALK. & S. Hotels
Shanghai Lands
H.Realtys
$16.60 Humphreys ....
Chinese Estates
Public Utilities
$20.30
$201.30
BILL
440
26.05
Tramways ......... $20.20 Peak Trams (old)... $1
Do (new)... $51 Star Ferries $84
20.25/30
$271/2)
381
***
$18
FENR
984
$27.70
27.401. 80
$231
$801
$81
893
8101 $19
T.181
„10/
HIGH
C. (id)...... $27.75
(B6).... $23) H.K. Electrics 380 Macao do.
Bandakan Lights....
Telaphones...... 8171
China Busea
Tractions
Do. (pre)......
T.11 Caldbeck, (or)
Macgregor (pret.) Canton ices
15.
T.10
$21
Industrials
⠀⠀⠀igi
$21
$18.70
Caments (comb.)... $18.60
$121
Do
Da.
(old)... (new)...
3124
$9.80
$1
'ப
China
Bope $9.70
Sugars
B47
Incrense
Year.
Kateable" value.
.
year.
1921-22
$18,693,660
$1,237,701,
Percentage of in- as compared crease in rateable with previous value as compared with previous year."
7.40%
Malabon Sagara ...
8:39
40+
$25.80
1929.93
10,905,090
1,109,209
5.81%
...1323-24
| 21,039,700
1,253,771
0.336
.1024-23
| 29,147.951
1,088,251
5.18
1925-26
97,267:862
5,139,911
93.20
1926-27
710,375
2.60%
$18
1927-23
29,010,439
1.013.202
3.642%
1099-29
30,395,447
1,379.009
4.75
· 1029-30
31,817,560
1,292,110
4.02
1930-31
33,000,602
1,432,074
4.59
4&G*800*25!
In the years 1921-1922 to 1930-1931 the rateable value of the Colony has increased by 814,372,942 or 76.87 per cent.
AMERICAN STOCK QUOTATIONS.
LATEST WALL STREET PRICES.
The following quotations have been received from their cor- respondents, Messrs. Hayden, Stone & Co., of New York, by Messrs. Swan, Culbertson & Fritz, Sassoon House, Shanghai, (cable address: Swanstock," Shanghai), 'who are not responsible" for cable mutilations:—
Tone of Market. Irregular. No. of Shares done.-4,000,000.
Call Money,-2 per cent.
91%
prem
United Asbestos
MiscellanecuLE
Dairy Farmas......... Dar A. Wings..................... Amusements.......... $1.00 Constructions
Lane Crawfords ... Mackintoshs..... Nanyang Tobacco... $11.30 Sinceres (old)......
Do (new)...... Watsons
$9.85 W. Powella ........ 65% B. Ind. G.8 Bonds...
H.K. Gort. Loan
$1.90
8124
H⠀⠀umbr
$25.00
Bangkok via Swatow...
Swaton, Amoy and t'ormora
Japan, Honolulu & *South American Ports Bozuyo Maru
Japan, Honolulu, 0.5.A., Canada, C. and 8. America and EUROPE via Ban Francisco-due San Francisco, 23rd July
Shanghai and EUROVE via Siberia Amoy.
Straits, East Africa via Mombass and
South Africa via Lourence Marques Swatow, Amoy and F'oolbow
***
migun, atraits, Caỹion, india, Mauritina,
Pris, Clevelan
Last and South Africa, Aden, Portion. Egypt and EUROPE via Marseilles -dae Marseilles, 2n1 Ang.
+
Fres. Clorsiand, Bo Bang...
Kam kura Maru Hatching...
dog, Letters
Bonday, 29th,
8.90 A M 9.00 AM 9.00"
900 Á
Monday, 30th,
frarçon
Reg.
3.00 + *
4.15 M
Letters 5,00 P
5.00 P
Bag Lecters. 8.00
-JULY fuesday, 1st,
"
10.30 & X 1.00PM
Kowloon 2.U.
100..."
G.PU
1.45 PM
Letters
2.30 M Wednesday, 2nd,
Ohakaung
Emp of Canada..
8.80 a
8.80 P
Friday,
4th,
St. Albans
Parcels
Noon
Reg.
1.45 z #
83.20
Satow bazzila
$24
$100)
Manila, fandakan, Australia (except pisces south of 'Townsville; and *avum Zealand via Thursday Island cue Thuinny la.sad, 18th July
Straits, Ceylon, India, Mauritius, E. and 8. Africa, Aden, Egypt and KUROPE vis Marseillesine Marociling, 3rd August!
Karrikela
WEEK
DAYS.
'İSUNDAYS & HOLIDAYS
FOE
FROM
G.P.Q.
FROM BKZUNGWAN BRANCH P.O.
FROM G.F,O,
Frox SHEUROWAN BRAKON P.O.
LOCAL AND REGULAR OUFWARD, MAILS,
¡ 7.36 am, &) 16.00 p.m.
7,30 o. 17.00 puz
NEW Yous, June 23
Last. Dividend.
Latest Salca.
Canton
48
102
$6
Macao & Tuinahan
20
§ 7.15 am. &i į 7,80 mm. (1.16 p.m.
11.30 p.m.
30c. A NoDe
28
Congmoon (except Baturdays)
6.00 pan,
*B
Electric Bond and Share
60
Eankong (except Saturdays)..
None.
„Fateban (Dy Trais)
.7.10 a.m.
General Motors ...
Tai 0
9.00 a.m.
American Smelting Anaconda Copper Baltimore and Ohio Borg Warner ..... Continental Oil... City Service Common Curtis. Wright Common Eastman Kodak
Erie Railroad
General Ry. Signal. Gold Dust....... Goodyear Tire and Rubber Granby Consolidated Hudson Motors... International Cement International Nickel
62
Sundays
Autan Pingahan, Santin,
(9.00 am, 13.00 p.m.
9.00 àm, & 13.00 p..
12.50 p.m. & 4.80 p.m. Saturdays 1.00 pm &
4.30 p.m.
6.00 p,p. 8,00 p.m.
[7.15 am. & (7.30 a.m. - 5.00p.m. 7.00 p.m. Sundays
(6 p.m. only 7.00p.m.
Lonly
(7.15 mm. &) (7.30 am, &
1.16.p
1.30 Sundays
Sundays 8.15 m Lonly
5,00 p
7.16 a.. 9.00a.m.
9.00
11.0
11.00 .. {& 4.30 p.m.
140. pun.
10.500
£30 Platts
8,30 z.m.
Lonly
6.00pm.
6.00 .125.
7:00 pm.
2.30 PM
.LAS
Kowloon P.0. 'coly 4.30. Log 5th, 8.00 A Letters · 10.00 ▲
G.P.O.
Par., 4th, 6,00 P Bog., 5th, 9.45 à 2. Letters 10,80 ▲▲
Saturday, 5th, Log
Manila, Australia and New Zealand · vin ||
Brisbanedus tinbane 19th July... Brisbane Blarti 1mitori
J
*Superscribed correspondence only.
win.
PASSENGERS
Departures.
4.13 M 5.00
The following passengers left by a.s. Tango Maru for Australia
The following passengers left by yesterday:-Mr. Gorje Sacramento, s.s. President Lincoln yesterday:
Mrs. A. 8. Guttridge, Mr. A. S. Mr. Joachim H. Bunning, Mr. and Guttridge, Miss E. Runden, Miss Mrs. William S. Fish, Mr. William B. Hughes, Mr. Alfredo Gonzales, N. Gray, Jr., Mr. and Mrs. John Mr. Joe Valestra, M, G. Shima A. Swanner, Mrs. Holon S. Fuller, moto, Mrs. M. E. Rutherford, Mr. Mr. Raymond, T. Hager, Mrs. T. G, Rutherford, Mr. and Mrs. Alvina Rohne, Mr. Chew Shir L. Sarreal, Mra. H. de Endaya, Cheung, Master James Cheu, Mr. Mr. M. K. Pierton, Mrs. J. Torres, John Eng," Mr. Chin Tee Shue, Mr. Mr. Jose Torres, Mr. A. E. Magen- E. Nordgren, Mr. R. E. OBolger, ci, Mr. Albert Tietjen, Mr. Alfredo Mrs. Liu Shiu Cho. Mr. M. G. Rebbein, Mr. and Mrs. Olaf M. Tewksbery, Mr. E. O. Ogden, Mrs. Walsoe, Mr. and Mrs. D. L. Pier- Lida W. Rosenthal, Mr. Gilbert son, Mr. Alexander Ross, Mr. Snow, Mr. Herbert Van Brunt, Mr.George Murray, Mra.. W. Whit George L. Holland, Mrs. Edith boura, Mrs. L. J. Davis, Mr. G. 6. Fullaway, Mr. and Mrs Albert Jason, Mr. Wee. Sam, Mr. Sy
Fred As
laway, Mrs. Yes Chang Ti, Master Wong Wab Chee, Mr. Ab Sg George Cheu, Master Ng Yuk Lum, Mr. Ham Po, Mr. Yee Hong, Mr.. Mr. David I MadDonald Mr. A. Yee Ho, Mr. Kwong Tong, Mr. Masseura, Mr. Liu Shiu Cho Mr Marciana Ho, Mr. Ngae Kim, Mr R. D. Wrigley, Mr. Frank V. Pang Sio Hong, Mr.. Ah Yuen, Chamberlin and Mr. C. X. Bald Mrs. Yee Shi, and Miss Chi Doy..
Tai Po
Shamchan
Cheungchow
Basin Tamar, Thracian
and
Montgomery Ward"
North Are Summe Amr
Nevada Consolidated. Cor
Sears Roebuck & Co.
Stanley
1.00p.m.
Sirampus Co.
3E
Standard Of Co. of New York
1.80
Shatin, Bhatankok and Bheangabal
3.00 pm.
Union Carbide-and-Car
2,80
Salkung
420 p.m.
U.S. Rubber
None.
Namiau, Shekil, & -Taipin
7.00 PE
United Staton Steel
(F'amlin)
No. 8 Buoy-Sterling..
Foreign, Men of War.-Portu-
guese cruiser Adamastor and-gun- boat Patria; Chinese gunbonts Hai Hung and Ming Bang.
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