1930-08-11 — Page 12

12

THE ALL-AMERICAN AERIAL DERBY.

LEE GEHLBACH FIRST TO COMPLETE 7,000 MILE COURSE.

Detroit, August 1-When Lee Gehlbach piloted bis aeroplanë across the finishing lias of the All- American Aerial Derby here at 2.44 p.m. to-day (Eastern standard' time) he was declared winner of the event and of the G.$13,000 first prize. For the other 16 pilots there will be G.87,000 for second place, G.83,000 for third placer nad a large number of miscellaneous awards offered by cities along the way: Gehlbach will receive some of

the latter.

11

The race started on July 21, at Detroit, the first reach extending to New York, the second back across

the country to Los Angeles. and the 'fical one, being' a return trip to Detroit. Altogether, the distance totalled 7,000 miles. All the con- testants chose their own styles and makes of machines, but they were required to use engines made by the American Cirrus Co., sponsors of

the race.

The contestants had to check in at nine control points and to depart at half-minute intervals after a fixed time each morning. Each lap constituted a race in itself, with the position apparent at all times in the record of elapsed time between con trols. Those in the race might land whenever and wherever they chose, remaining on the ground as long as ther wished, but no time allowance was made for such stops. Flying tinie was computed as all the time between departure from and arrival at controls.

Atlanta, Houston, Los Angeles, Oakland, Ogden, and Omaha each awarded G.81,000 prizes for the laps ending in their respective cities; Douglas gave G.8300. The Detroit Board of Commerce will also give G.$3,000 to be distributed among Pilots other than the first three inaking the best time...

PASSENGERS

Arrivals.

The following passengers arrived here yesterday by the s.s. President Jefferson from Manila :-Mrs. B. M. Ascheabreaner, Mr. P. Braga, Mr. Gorrardo, Mr. A. M. Chon, Mrs. M. M. Coman, Mrs. C. H. Casson, Mr. Tan Wai Chi, Mr. and Mrs. R. F. Edwards, Misses E. F. and E. D. Edwards, Mr. Cesare, Fortich, Mr. Chin Tia Foo, Mrs. G. M. Grimmesey, Mr. and Mrs. J. A. Haver, Mr. Chan Hao,. Miss F. Kenner, Mr. Lao Toy Kay, Mr. Lee Son Moy, Mr. Douglas Naish, Mr. P. J. Peralta, Mr. Alvin Pehrgeon, Mrs. Bralyn Rogers, Miss Martha Rogers, Mr. J. A. Rogers, Miss Folly Rogers, Mr. Chin Ski, Mr. and Mrs. N. Bert Smith, Miss Patty Lee Smith, Mr Ng-Chiong Tui Mr. Young Giá Tin V. Lễ Tock, and Mr. Loland Wang,

HONG KONG DAILY PRESS, MONDAY, AUGUST 11, 1930.

Money and Markets

HONG KONG TRADE. CUBA'S SUGAR PROBLEM.

FURTHER ACTIVITY IN

PIECE-GOODS. "

The following is taken from the fortnightly report of the Hong Kong Get ral Chamber of Com- merce:-

Cotton Pisco Goods and Fancy

Cotton Goods.

The activity reported in our last advices has continued and further appreciable quantities of shadow striped poplins have been booked in addition to smaller miscellaneous lots of various other Spring sytics including coloured striped and check poplias, bleached cords, etc.

There has been enquiry for certain descriptions of white shirtings, but prices indicated are quite impos- sible notwithstanding considerable reductions in Lancashire costs,

Cotton values show a downward tendenes and present quotations (7th instant) Mid. Am."Spot ". 1.30d. Eg. Sakel. 12.30d. are lower than when we last reported.

Another report states:- Further business has been settled in shadow striped poplins, coloured striped poplins and plain poplins. Small orders on miscellaneous Hines of Spring fancies have also gone through and there is a good deal of enquiry in general. More business would probably have been done if exchange had remained stendy, but, fluctuations have led buyers to anti- cipate higher rate and to hold off in consequence. Manchester prices. are again easier and if exchange improves a fair amount of business at present impracticable should be- come feasible. Clearances have been satisfactory for the time of the year and local prices remain steady.

The following passengers arrived here on Friday by the s.s. Haruna Maru Mr. 1. Suzuki, Miss E. M. Dampier, Mr. Z. Fukuda, Mrs, S. Fukuda, Mr. C. P. Noblet, Mr. K. S. Khan, Mrs. M. B. Johnson, Mr. S. Kimura, Mr. A. Woodyat, Mrs. L. Raidan, Master B. Raidan, Mr. K. Takagi, Mr. S. Yamada, Mr. Wong Zui Shi, Miss W. K. Chen, Mr. Pubin Wong. Mr. E. J. Mar-, ques, and Mr., J. Sarrizsky,

Departures.

The following passengers left ca Saturday by the s.s. Haruna Maru for Europe-Mr. F. A. Wilson, Mrs. E. H. Wilson, Mr. H. Kobda, Mr. S. Ide, Mr. M. Suzuki, Mr. K. Narita, Mr. R. Okada, Mr. T. Miki, Mr. T. Furata, Mr. K Taanka, Mr. 8. Nakao, Mr. S. Kaku, Mr. K. Hatsuno, Mr. H÷о, Gunnestad, Mr. P. Morphew, Mr. R. N. Futohally, Mrs. T. Saiti, Miss Y. Saito, Mr. Y. Suzuki, Mr. T. Kato, Mrs. 8. Takagi, Master 1 Takagi, Master R. Takagi, Master 6. Takagi, Mr. 1. Kakegawa, Mrs. 5. Kakegawa, Miss 31. Kakegawa, Dr. T. Watanabe, Mrs. M. Rabino vitch, Miss J. Rabinovich, Mr. F. Tada, Mr. S. Kaneko, Mr. S. Kishi, Mr. S. Tatsuroi, Mr. T. Fukuma, Mrs. M. Fukuma. Master T. Fuku ma, Miss M. Fukuma, Mr. K. Tamai, Mr. G. Ashida, Mr. K Okuno, Mr. Y. Suzuki, Mrs. C. Suzuki, Miss T. Suzuki, Master E.. Suzuki, Mr. Y. Nakamura, Mr. R. Werner, Mrs, T. J. Werner, Master 3. 31. Werner, Mr. S. Takeshita, Mr. and Mrs. Too Soen Jin, Mr. A. E. Davis, Mr. and Mrs. T. C. Yuen, Mr. J. C. Bollard. Right Rev. D. Jose da Costa Nunes. Rev. Jaime G. Conlárt, Miss G. Pezard, Bliss Duryee, Mr. P. G. van Klare.

koy, Mrs. Jean Ross Mackey, Miss Anna Helen Mackoy. Mr. William Leslie Mackoy. Mr. John Ross Mackoy, Miss M. Isabel Markov, Miss M. Lucy Mackoy. Mrs. E. C. Powell, Miss Eline Pfeffer. Miss Soo Che Kiat Mrs. M. B. Johnson, and Mrs. J. C. Bollard.

Woollens.

REASON FOR FORMATION OF CANADIAN COMMITTEE.

[REUTER'S-AMERICAN SERVÍCE.)

NEW YORK, August .. The formation of the Sugar Com- mitted by Canadian bankers and. sugar producers follows the receipt of a dispatch from Caba to the Department of Commerce stating that general conditions in the island are the worst experienced during the past six years..

season to in-

One of the Committee's chief problems will be the handling of stocks from one other, also the question of as fam as possible balancing production and consumption, efforts to encom- larger

for producing countries pass an arrangement with other restriction of output having up to the present alway's failed.

INTERNATIONAL NITRATE

AGREEMENT. [TUBOVGE REUTER'S AGENCY.]

BERLIN, August 9.

An international nitrate agree- ment has been concluded between representatives of the European synthetic nitrate industries and the Chilean industry.

The agreement covers the whole world except the United States, and will operate shortly.

DRY VILLAGES. PROHIBITION BY FREE

CHOICE.

A claim that he could pick qut villages without public-houses by their very appearance was made by Mr. Leif Jodes, Liberal M.P. for the Camborne Division of Cornwall, before the Royal Commission on Licensing, which sat at Broadway Lord Buildings, Westminster, Amuiree presiding.

Some small lines have been settled in Gaberdines and Palm Beach

Mr. Leit Jones, who was giving cloths and more enquiry has been

evidence as President of the United in evidence. Local prices for cer- tain classes of roollens have ad-Kingdom Alliance, added: "The vanced and a good demand is anti-absence of public-houses from the village makes an immense difference ripated this autumn.

and improves it greatly."

#...

"EXCHANGE RATES."

[BRITISH WIRELESS SERVICE.]

Paris New York Brussels

4.67 1/32 31.805 25.045.. 12.081

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE

SHAREBROKERS' ASSOCIATION.

Bayar Balber Balo Nominal

SATURDAY, AUGUST 9.

édiers Buyers

Stearate!

1.160 $437

$400

8960

$261

T1.30 18

Y

!!!!

31,515

FOREIGN MAILS

RADIO NOTICE.

Individuals and firms are recommended to register their tele- graphic address at the Radio Office. No charge is made for this.

INWARDIMAILS. «

FROM "

PER

Dur.

8.A., ForotÍN, JAPAN and SHANGHAI) (San Francisco, 18th July), and EUROPI via SIBERIA (London, 24th July) U.SA, HONOLULU, JAvax and Shawo-" HAI (San Francisco, 19th July) ...) Canada, U.S.A, JAPAN and SHANGHAI)

(Vancouver, B.O., 24th July} ---! CALCUTTA and Straits

Bank

$1,518

H.K. Banks

£107

Do. (London)

444

217

Chartered Banks ...

223

Mercantile Bks" "A"

444

ERR

Do.

£121

#12)

Bank of East Asia...Į

$115

Insurances

8915

Canton Losaracos..

3010

$1.60

Underwriters

|

$2,60

North Chinas...............

T160

Union Insurances.... $139

$440

M.850| Yangtazo Insurancea

$60

+++

China Fires

$400

01

STRAITS

H

H.K. Fires

3960

*

SQURABAYA

144

***

Amoy and SWATOW ...

341

Shipping

Douglassa

$28

Steamboats.

325

July}

Indos (pref)........

AUSTRALIA and Manita

Do. (def.).............

STRAITE

+24

95/T

Shell Tinnsports ........

85/7

JAPAN and SHANGJAI

Water-boats...

*31

*30

Mining

Benquets...

Langkats (comb)

840

Pres. Grant

11th Aug.

Tatsuta Mars

11th Aug

Emrest of Asíð.......

11th Aug.

Talma ...dipore

19th Aug.

19th Aug.

Tjibodas.

14th Afg.

Gramer Ginyo Maru

18th Aug.

19th Avg

לג

Mantua

14th Aug.

Tango Maru

19th Ang.

Halcons MarU

22nd Aug.

Kamo Mara

22nd Aug,

JAPAN.94

EUROPE via Susż (Letters and papers,"

London, 17th July, and parcels, 10th

OUTWARD MAILS.

REGISTERED and PARCEL 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 am. registered and parcel mails are closed at 5. p.m on the previous day.

巴女

31/3

34/

Kailang....

T14.40

1.8

$7.10

Do. (single)

7.1

Explorations.

T6

Shanghai Loans ...

¥23

Raubs.....

91/

Tronch Mines

Docks, WharvOS,

Godowns, etc.

8167 $165 $5.16 $0.20 35.10

$39 T.I

T260

EK. & K. Wharts...

$170

Providents

$5.10

$39

**

HK Docks

·T.14

T

Boihow, Pakhoi ni Esphong

Jat

Haiphong

Swatow

810.30

Shanghai Docks “...

T.74 New Engineerings

Hongtew......

Lands, Hotels, and

Buildings

H.K. & S. Hotels

T.287 Shanghai Lands ...)

Chinese Estates ...

8824 sx div.

H.K. Lande

$9.20

H.K. Realtys

$10

Humphreys

287

$21

$10.16

$101

$81

ex dir.

Sut

$10.40 $15.75

Fublic Utilities

Peak Trams (old) ........

U. Lights (old)...... $24

Do. (new)......

Macao do.

Sandakan Lights ...

nuru

IH Ung!

Japan

Год

PRE

Dine and Timan

Monday, 11th,

Limchore Danton. Hydrangea

830 AN

·1.80 P

3,00 2

Atlas Mara

$.30 P

Kochore Tando

4.00 P

5.00 PX

U.S.A

Farcela

5,00 14

Reg.

5.00 PM

"Pres. Jeferson

Tuesday, 12th, Letters 8,30 AM

Straits, Ceylon, India, Mauritius East and

South Afri

Samshui and Wachow

.

Shanghai, Japan, Honolula,

*** Unnada, Central and South America,

and *EUROPE via San Francisco

dae San Francisco, 3rd Sept, and "EUROPE via Siberia

Jars via Batavia

***

Fort Bayard, Hoihow, Pakhui and Haiphong Tonkin Swatow, Amoy and Foochow...

Shanghai, Japan, Honolulu, *0.8.A.Ï

(except California) *Canada, Central and Fouth America and EUROPE vis San Francisco-due Ban Francisco 3th Beptember, and EUROPE Tia Biberia...

***

Tuesday, 12th,

10.80 AM 1980 z

100 r M

Koroloon P. O.

1.00 r

Cotton Mills

T.12

T12.06

EwOs

***

1.78 T.3

S'hai. Cottons...............

T11.90 F.76

12/05

Tilebost, sm

Hatching...

...

Zoong Singa...

79.30

Baigon, Ürrion, India, Mauritia,

Rag.

Fast and

He said that he considered past legislation on drink was disappoint-

1

$18,201

$18/

South Africa; åder, (¦ D'Artagnan Egypt and EUROPE via Marseilles -due Marseilles, 18th September

Lotter

1.00 PM

4.8.0.

Tramways

Reg 1.45 Lottors

2.50 #

$12

Vizh

ing.

Manila

The Alliance stood for the total and immediate suppression of the liquor traffic.

Be.10

Do.

(new)...

288

Star Ferries

$85

Manila

Empress of Asia ....... Prea, Grant

3,30 2

4.80 M

824

$24

Reg.

5.CU P 16

820

Shingo Mars

Rooey, August 9.

123.79

We never contemplate the fore- ing of Prohibition on the man in the street. We want to achieve it through the voluntary will of an enlightened people,"

$76

HK. Electrics......

$76

Wednesday, 13th, Latters

8.30. 14

833

$112

Telephones (fully pd.)

821)

T.181

Do (part pd.) China Buses cantan

$21.60)

10/-

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

6/8

18/0

Do. (pref.)......|

Industrials"

Swatowa Sandakaa

Amoy

$179.86

T.101 Caldbeck, (ord.) [TR.40

Macgregora prof.) 3210

Canton Ices.******* Cements (comb.)... Bla

Do (old)... Da.

(new)... Ropes REYESTERY

Strait,

$2.25 8171

444

$17-155

**1

$13 843

Straits and Calcutta...

swatow, Amoy and Fooohaw

$15,90

$10.70

***

$1

China Sugar*********

Malabon Sugars

$19

55

United Asbestos...

Miscellaneous

$231

20.385 18.103

Geneva

Amsterdam

Milan

92.07

Berlin

Stockholm

Copenhagen

18.185

18165

34.44

3041

1000

43.03 103.25..

375 818

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

Bombay

Shanghai Hong Kong Yokohama Silver (spot) Silver (forward)

5 3/32 41 1/18 1/3 25/2 1/61 1/3 5/10

2/0 11/32 .15 15/10 15%

Mr. Jones said that he wanted to claim for the local veto proposal which he was trying to urge upon them and which he was working for, that it fitted easily into the licensing system which was unjust and incomplete without it..

"I do not believe that if pub- licans were civil servants there would be a control as good as the one now by Parliament, by justices, and the police," said Mr. Jones, dealing with State control, "I am opposed to nationalisation."

Discussing "What is wrong with the public house?" he answered- "Drink! If you want to improve public housen take drink out of them. It is the root of the trouble in public houses,”

$17.90

810.60 $0.90

$1

Answering questions, Mr. Jones said, "It takes about 100 years for a good idea to penetrate the brains of the English people. The Tem- perance movement has been going $18 on for 100 years.

The RM.S. Empress of Japan arrived at Woosung on Saturday,

My idea of the improved public $114 left there yesterday and is due at Kobe to-morrow, which port she 1 house is the one that does not sell leaves on the same day.

liquor at all."

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 Mesars. Swan, Culbertson & Fritz, Sassoon House, Shanghai, cable address: Swanstock," Shanghai), who are not responsible for cable mutilations:-

Tone of Market.-Weak.

No. of Shares done.-3 million.

Call Money, per-cent.

American Smelting Anaconda Copper Baltimore and Ohio Borg Warner..... Continental Oil City Service Common Curtis Wright Common Eastman Kodak ... Electric Bond and Share

Erie Railroad....... General Motors

General Railway Signal Gold Dust

Goodyear Tire and Rubber

Granby Consolidated

International Cement International Nickel Montgomery Ward

Nevada Consolidated. Cop Radio Corp.************ Sears Roebuck & Co. Simmons Co..

Standard Oil of New Jersey. Standard Oil Co. of New York Union Carbide and Carbon.... United States Rubber United States Steel

3241

$10

$3

Dairy Farms... Dor, A. Wings......... Amusements.ancer Chin. Entertainm'ta $1.90 Constructions

Lane Crawfords ... Mackintosha..... Nanyang Tobacco Sinceres (old).

Do.

(new) $124 Watsons

14

H

Straits, Caylos, India, Mauriting, Eart and South Africa, A dan, Egypt and EUROPE

Marsillesdde Mar.

el, 19th September

$25

Foochow via Sabow

$1.90

Japan, Canada, USA. Central and South America and EUROPE via Viatoris, B.C.dae Victoria, B., 5th Septemer .or.

Faishing. Hindas Taiyuan

***

Gremer

Bui Bang Baiyang

Rajputana

Cheong Shing

TH

Wednesday, lab,

8.30AM

10.30 A

5,00 em

14th,

Thursday,

9.30 AM

Friday, 15th, Parcar Noon Letters 1.00 N

1.00 M Kowloon P.O. Parcels 4.80 Y st

Eng,18th,9,00 a M Letters 10.00 A

G.P.O.

Par,15th, 5.00 ræ Beg, 16th,9.45 AM Letters 10.80 ■■

Saturday, 16th,,,

5,00 F

Monday, 18th, "Parcali

3,00 PM

Pres. Grant

84

$125

Beg. Letters Reg.

4.15.x

5.00PM

5.00 M

$2.85 Wm. Powells 61

$2!

Shanghai and "EUROPE via Siberia.

Pro. Grand

Letters

8.00 Y

prem,

B. Ind. G. Bonds... H.K. Govt, Loans...

61%

Tuesday, 19th.

8108

LOCAL AND REGULAB OUTWARD MAILS.

WEEK DAYS.

SUNDAYE & HOLIDAYS

FOR

FROM G.P.O..

FROM SHKUNGWAN BANON P,0.

FROX O.P,0.

FEOK.. (SKKUNUWA

BEANCH P.0,"

7.15 m, &: 7,30

17.00 p 1 6.00 plot.

£7.15 sm. &) (7.30 am, &

5.00 p

7.00 p Sundays Sundays

paonly

7.00pm only

New York, August 8, 1830.

Canton

Last Dividend.

4

Latest Sales. €5

3.50

+

Macao & Triushan

2

(7.26 mm. k) ( 7:30 am, 11.15 p.m.

11,80 p.m.

Note

4

:

30c, A None

5B &

301

Kongmoon (except Eaturdays) Kaukong (excet Saturdays).

15,00 p.m.

8.00 p.m..

6.00 p.EL

76

None.

28

Fatahan (By Train)

7.157.

3C

Tai O

9,00.0

(9.00 am, &

Tai Po

{8.00 p.m.

39

Shumchun.

Cheungchow

1,00

2.00

Моде

Missing

161

Stanley Pingshan, Sant

Antsa

Shatin, Sustzukok and Sheungani

§§ 9,00 p.m. & 3,00 p.m. (12.30 p.1.

4.30 p.m. Saturdays 1,00p.m.

2.00 peta

***

Kitano Moru

(7.15am.& (7.30 am, &”

1.15 p. Sundays 8.15 M Lonly

6.00 p

7,15 am. 9.00 am. 9.00 AM

11.01.

1.30 pmi Bazdva 6.80 Lonly

6.00 p.m.

6.00 patie

Manila, Australia and New Zealand via Thursday Island-due Thursday Is land, ist Sept,... Straita, Ceylon, India, Mauritius,·E. andy

B. Africa, Egypt and EUBOFE via Philoctetes Marseilles-due Marmilles, 19th Sept.

Swatow, Amoy an i Foochow Shanghai, Japan, Canada, U.8.&,, C. and B. Americs and *EUROPE via Vané couver, B.Odue Vancouver, B.O 6th Sept., and Europe vis Biberia,

Гарад Shanghai, Japan," Honolulu,.: U.S.A.7 Canada, Central and South America" | and *EUROPE via San Francisco--- dus San Francisco, 11th Sept and *EUROPE vin Siberia

Manila, Australia and New Zealand. vis) Thornday Island das Thursday Island, Ind Hephae

·Hai Ning...

Weg. 8:45

Letters 9.30 AM

Kowloon F.O.

Roge

1,00 PM Letters 100

G.P.O...

*400***

Reg. 145K Lasters -2.30.8.1

Paronls -- 6.00 ex

9.15 A Letters 10,00 ▲ 1

Wedzanday, 20th,"

Empress of Arts Wednesday, 20th,

Tango Mars

Talenta Marm....? Thursday,

Shanghai, Japan and EUROPE via Siberis, Hakone Maru

Straite, Cerlon, India, Mauritius, H. and,

-9.30AM

Beg *6,00

¡Lettera

8.80 AM

Thursday, 21st, 2 |Farsela : 5,00 2/11/

Beg. 22nd 0.45 A Letters 10.30 AM

Friday, 22ed

* 3,80 m.

Kowloon 2.0 (Beg,435 v w

8, Africa, Egypt and EUROPE Tia Kamo Mars Leh aard, 0.00 A M Marseilles-due Marsailles, 22nd Boph.

(12.00 ..

& 4.30pm.

Japan. Honolulu "Ban

South American Ports":

8.00 p.m.

10.30

Salking... Natau, Shakti & Talping

4:30 pm,

4.80 Pazie

7,00 prin

(Famin)

Ohangie

·Ginga Mari

"Superscribed correspondence only.

Q.P.O. Bet, 2ård,8.45 A'M:

Lotters