1930-11-07 — Page 12

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12

FINANCE COMMITTEE.

VOTES TOTALLING 8285,310

APPROVED.

HONG KONG DAILY PRESS, FRIDAY, NOVEMBER 7, 1930.

Money and Markets

A total sum of $285,310 was EMPIRE CONFERENCE approved by the Finance Commilled

ut the Legislative Council yester day, as supplementary estimates for 1030.

The biggest item was the Govern ment-contribution of $105,000 to the Kowloon Tong building scheme, de- taits of which, uppour elsewhere in this issue.

All the other votes were duly approved, with the exception of the following which was the subject of some questions.

Modical Department:- Expenses of courses of study and attodance on Medical Congress, 82,000.

I

OVERSEAS APPEALS TO

PRIVY COUNCIL.

[ORITISH WIRELESS SERVICE).

RUGBY, Nov. 5. The final consideration of the constitutions! aspcole of inter Imperial relations was continued by the heads of the delegations at the Imperial Conferenes do-day, and progress was made.

The question of the right of citizen of the Dominions to carry an appeal to the Privy Council was discussed at same length and adjourned for further considers tion.

DAILY SHARE QUOTATIONS

Buyert

THE RUBBER MARKET.

FRIMER TONE EVIDENT.

The following

dated roport, October 15, has been issued by Messrs. Hornby Hemelryk & Co., London :-

HONG KONG STOCK

EXCHANGE.

Bellara Bates Nomlani THURSDAY.

$1,665

H

C110

The market has been steady dur ing the week under review, and fluctuations have been of small ex- tent. There has been no particular feature, but it is reported that dealers' stocks in the Enst at the 81,095 end of September showed a reduc tion of nearly 4,000 tona from figuros at the end of August, and preliminary estimates of October shipments give a total of slightly

over 40,000 tona.

If this reduction is borno out by the actual figures, it will be the first indication that the position

*280

1.160 $472

$400

⠀⠀ ***

!!!!!!

4274

101

8201

Provision made in Estimates (pago 47 sub-lwind 20), 85,000.

The work was also reviewed ofis beginning to correct itself, and The vote has been exceeded owing the committee on merchant ship whilst an improvement in the first to the number of medical officers ping legislation, which, in the light month may not do much to increase and sisters taking post graduate of the recommendations of last confidence, a repetition of smallor courses being larger that was anti-year's Conference on the operation shipments during the following $2 cipated.

et Dominion legislation, has been months would undoubtedly help The Crown Agents accounts up to considering the methods of attain materially to improve sentiment. the end of July already amount to uniformity in accordance with $5,440.94 and it in estimated that the principle of the common status a further sum of 92,000 will be re- of nations within the Cominon- quired to meet payments till the wealth as enunciated by the last

Imperial Conference. und of the current year.

A supplementary vote for this amount is therefors asked for.

The above is to be met, from sov- ings under provisions for patients (1930 Estimates pago 47 sub-hwad

21).

The Hon. Mr. Owen Hughes in quired if these extra courses of studies were authorised by the Gov- ernment and by the Medical Officer.

The Hon. Col. Secretary replied that the studies were very much on. couraged both by the Colonial Office and the local Government.

ANGLO-EGYPTIAN NEGOTIATIONS.

NEXT MOVE MUST COME FROM CAIRO,

THROUGH REUTER'8 AOEKOY.)

LONDON, Nov. 8. The Foreign Secretary, Mr. Henderson, replying to Parlia mentary questions to-day, said the position of the British Government in regard to Egypt remained as stated at the last session.

|

The opinion is still generally held that we have not yet soon the lowest prices, but, on the other hand, the undertone Boems to be hotter, and any casing of prices immediato The Committee under the Chairly discloses buyers for all posi. manship of Mr. Graham, Presidenttions. At the same time, any small ut the Board of Trade, is drafting risa soon poters out under the the result of its labours, which in weight of first hand selling. cludes agreed reports on the ques ton of quota as applied to wheat and to other commodities upon im- port boards, and bulk purchase, and various other subjects referred to it.

AUSTRALIA'S FINANCIAL

PROBLEMS.

IMPOSSIBLE TO SECURE A BALANCED BUDGET,

(TARONGH MEDTER'S AGENCY.]

Tho

Stocks:-London 82,245 tona. Liverpool 37,224 tons: an increase of 1,547 tons, which was a little more than expected.

Close London last night:-Spot 3.15/18d., Jan/March 4.18d., April/ June 4.14d, July/Sopt. 4.7/10d.. Jan/Dec. 1831 4.38d., buyers.

Our New-York. correspondents cabled last night that investors aro still sceptical of the effect of the present tapping restrictions, and buyers withdraw from the market on any upturns.

៖ ៖ ៖ ៖

218

£28

算盘

5113

SHAREBROKERS' ASSOCIATION.

Buyers, Hellers

Sales Nominal

NOVEMBER 0.

Banks

H.K. Banks.....| $1,169|

Do. (London)...

Chartered Bank...)

Mercantile Bks. "A"

Do.

O

Bank of East Axin..

***

!!!!!!

W

217 £26

2121

FOREIGN MAILS

XMAS PARCEL MAIL FOR GREAT BRITAIN,

The Xmas Parcel Mail for Oreat Britain will be closed in the General Post Office at 5pm. on the 7th November par an. Alasedonia.

This nail is duo in London on the 12th December,"

HADIO NOTICE.

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

INWARD MAILS.

Insurancos

Canton InsuraJOES..

$1,080

FRON

Pen

Dor

Underwriters) $3.890)

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

T100

5475

Union Insuranone ......... 8$70

|M:800|| Yangtazo Insurances China Fires $1,100 H.K. Fires.....

$BU

KUU

U.S.A., DARADa, Japan and Suannual (Beattie, 18th Oct.) and EUROPE ▾ Siberia (London, 18th Oct.) .......

Pros, Fipros

7th Nov,

..

$1,090

Shipping

Douglases

$20

Steamboats

$10

Indos (prof.)..orçar

243

MANILA

CALOUTTA and Braaits

JAPAN

and SHANGCAT

H

JAPAN, SHANDUAL and EUROPE via

BIDARIA (Lon-lon, 90th October) SHANGHAI and SWATOW

SOURABAYA..un

Amur Maru

Cape St Andrew......

Talora

7th Nov.

Macedonia

7th Nov,

8th Nov.

Shantung

8th Nov.

9th Nov.

+4

Keip, of Bussia, a

9th Nov

1)

+

**30*

Do. (def.) 1912.190

$28

8Bangkat and Avor

Tjibadak...

Oth

Nov.

***

8/0

Shell Timusports ...

89/0

Australia and Manila

Zanda

9th Nov.

Water bouts.

47%

632)

CALCUTTA and STRAITA

Takada

*10th Nov.

***

་་་

U.S.A, HONOLULU, JAPAN and SHAMOKAL

Ban

Francisco, 17th October) U.S.A. HONOLULU, JAPAN and SHANG-

...Prex, Fan Buren...

16th Nov.

31.

HAI (San Francisco, 24th October)... Pres. Jackson CANADA, 0.8.a., Honolulu, Jatan andį

17th Nov.

114.40

SHANGHA)(YBROouver, B,O., 36th Cat)] Emp, of Japan

19th Nov,

$7.40

T.1

T.O

14/.

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."

-Mining

$8,70) Banquets.................................. 35,9 Kailans contos Langiats (comb)... Do. (single) Explorations.......... Shanghai Loans....

T.8

Houbs ..................................... | -524 Trooph Minos

Docks, WharvOS, Godowne, eta,

F44

EK. & K. Wharfs... $160

Providente (old)... $5.4v- Do. (now) ... 350 HK. Dooke .................. $30 Shanghai Dooks ... 17.30 New Enginearings

Hongkows...... Lands, Hotels, and Buildings

4

T.313

H.K. & S. Hotels... H.K. Landa (old)... 882 Do. (new). you Do. (rights)

Shanghai Landa...

10.

H.K. Realtys. $90 Humphreys $16 Chinese Estates

***

$167

$168

$6.40 $3.45 $2.60

1-4

$33

T.120

T285

$21.90

210

Close New York last night:- Jan. 8.100, March 8.30c., May

8801 $19

PURCHASING POWER OF

8.600, CANBERRA, Nov. 1. Australian Government's efforts to improve the country's Anancial position were outlined in the House of Representatives by

GOLD.

QUESTION.

Mr. Lyon, the noting Federal LEAGUE EXPERTS CONSIDER Tronsuror, who said that new taxa- tion proposed was estimated to produce £3,700,000 in the present. financial year, while economies were expected to realise £3,180,000,

With the restoration of confidence and a revival of trade, he added, it was reasonable to catimato a do

ficit of from £8,000,000 to £10,000,000.

It would be impossible to secure

(THROUGH. REUTER'S AGENCY.]

GENEVA, Nov. 5,

The gold delegation of the Finan- dial Committee of the League_of Nations has again gone into scasion for the purpose of dealing with the work left over from the meeting

in June.

When an Egyptian Government balanced lodger in the prezent

This work. refers to the fluctua commanding a majority in a freely financial year, but the Budget was tions in the purchasing power of elected Egyptian Parliament ex-planned so that when operated on prossed a desire to resume the full financial year, the Common-gold, upon which the delegation has nogotiations suspended last Spring, wealth

redeemed already sent in an interim report. would have the British Government would be it, undertakings. prepared to do so on the basis of their Tronty proposals.

The Foreign Secretary doseribod the recent developments in Egypt naa domostic issue which had not affected British interests in such

manner as to involve the respon sibilities of the British Govern ment under the 1922 declaration.

SOVIET PROPAGANDA

PLEDGE.

BRITISH FOREIGN SECRETARY EXPLAINS THE POSITION.

'(BRITISH WIRELESS SERVICE. Į

RUGBY, Nov. 5. ping legislation, which, in the light Scorotary, answering questions in

New Tarin Schedule.

LATER. The now tariff schodule tabled in the House of Representatives in- creases the primago duty from two and half to four per cent,, im. poses a duty of 4d. per pound on bulk tea, increases the duty on ton packets from Id. to 8d.. the duty on tobacco from seven to nine hillings, and the excise duty on tobacco to 4/1d, for hand-made and 4/4d, for manufactured, just double the old duty.

The duty on coffee is raised from in penny, to fourpence per pound. There is no preferential rate on these items.

No Margin for British Preference,

Other increases include lace, om. broideries, tucked linens or cottons, ben per cent; carpots, five per cent., hoth ad valorem.

Kerosene, mineral and lubricat the House of Commons, said thating oils are subject to an increased he had nover stated that the Soviet duty of a penny a gallon, crude Government had accepted the in- rubber, rubber and rubber waste

which the British are up 4d. per pound, terpretation

It is interesting to note that Government placed upon the pro-none of the new duties contains a paganda pledge, but he had re- Wantedly made it plain that the margin for British preference.

British Government interpreted the plodge se covering propaganda by the Third International.

He would also repoat that the British Government must be the judges, in the first instance, of the importance of any incident which might arias and of the appropriate aotion if any to be taken.

NOBEL PRIZE FOR LITERATURE.

AWARDED TO AMERICAN NOVELIST.

{THROUGH REDYER'U-AUKKOR, Į.

STOCKHOLM, Nov. 5, Tho Nobel Prize for Literature for 1900, valued at £6,500, has been awarded to the American novelist, Mr. Sinclair Lewis.

Where Great Britain Buffers. The effect of the increaseg is, to reduce the margin of British pre- forence on all items in the schedulo on which preference is given.

Itates which were formerly 10 per cent on British goods and 20 per cent. on foreign goods, now becomio 20 per cent, on British and 30 por cent on foreign, and so on. The duties are to come into operation on November 8..

RUBBER FOR ROAD MAKING.

MATTER REFERRED TO A COMMITTEE.

(SRRODON REUTERʼN AGENOT.1

LONDON, Nov. 5. Noplying in the House of Com- tons to Sir George Penny (C.), Mr. Herbert Morrison, Minister of Transport, said that rubber was

Paris New York Brussels Geneva

Amsterdam Milan Berlin Stockholm

$5.45

$2.50

T.193

1.7

Baigon...

**

$11.80

For

PER

'Data and TIMU

Friday,

Lematang

H

hanghai, Japan and EUROPE via Siberia, Rawalpindi

Caloutta via Straits

Kulang...

watow, Amoy and Fo-chow

Parools Le'ters 1.00 1.00

7th 10.30 AM 10.80 & 1 Noon

Manila and Parcels for Germany visį

Hamburg

Kulmerland

815 *87

Stenita, Ceylan, India, Mauritius, F, and;

Cotton Mills

8. Africa, Aden, Keypt and EUROPE via Marseille-dua Murusilien, 5th Dec.

Macedonia

T.12 T.12

Ewes .......nisories

T.12

T.121

++

7.82 T.9

S'hai. Cottonse****=**

Zoong Bings

T.88 F.9)

2.80 M Bowloon P.O. Parcels 480 P Beg, 8th, 9.00 a 1 Letters 10.00 AM

.G.P.U.

7tb, 5.00 P

Par,

Beg, 8th, 9.45 a M Latters 10.30 AM

Saturday, 8th,

10.00 &

4.50 PM

$61

$8.4

Publia Utilitias

Tramways $181

Feak Trams (old).......] $14 Do. (new)...

C. Lights_(old)....**| $20,80 |

(new)..... 2d

200 $814

bitpar

Sandakan Lights ....

(part pd.) $

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

T101 Caldbeck, (ord.) T0.40 Macgregora pref

Canton teas

Industrials

8224

$85

$20.45

uğumugi

Japan and Canada vis Victoria, B.O.-

due Victoria, B.O, 2nd December

•Man!! ....

...

Bangkok via Swatow...

Bwalow, Amoy and Formoss

་

Tyndarous Pros, Pieros

+++

Sunday.

Kweiyang... Danion Karu

eth, 8.80 À M

9,00 &

Monday, 10th,

3.007 M

Blog. Leitars 3,00 Roz

4.15 #

8.00--

Japan, Canada, USA Central and Bouth America and EUROPE via Victoria, B.C.duo Victoria, BC, 28th November ..

Bhanghai and EUROPE via Blbería.

Haibow, Pakhol and Haiphong Manila and Java via Bourabaya!

Indis, Mauritius y

Prea. Madison... Parcels

Pres. Madison ... Leliora 6.00 PM

Thesday, 11th,

Nonohang Tibadak...

Chenonomux

Biraita, Egypt and EUROPE via Mar-1| Forerna

Boilies-One Marseilles, 11th Dec,

Bbangbal, Japan, Canada, U.8.4, 0.

and B. Americs and EUROPE via {| Emp. of Bussia Vancouver, B.C-due Vancouver, BC,

29th Nor,, and *KDROPE via Biberia Swatow, Amoy and Foocbow...

wwwwwwww

9.00 A 9.00 A #

Kowloon P.O.

Reg. 10:00 AM Letters 10.00

Rog. Lahikar

G.P.O.

11.15 & M Noon

Kowloon F.O.

Rek

10:00 AM Letters 10.00 AM

Q.P.O.

Beg. .11.15 a M Letters Noom Parcela 11.15 A, M

Вая. 11.15 & Letters

Noon

Noon

Wednesday, 19th,

#ist $14

$18.361

385

Star Ferries

$28.50

$261

$25

Do.

E

181

H.K. Electrica

$23

Macao do.

$11

$351

Telophones (tilly pd)

Do

EXCHANGE RATES.

1.18

China Buzes

7.9

Tractions

[CRITISH WIRELESS BERVICE.]

19/

123.67)

4.85 10/33

34.83)

35.05

Balgon, Ceylon,

12.061

$2.75

02.70)

$18.00

Coments (comb.) 818.40

18.40-45

20.38)

$12

Do

fold)...

313

East and South Africa, Aden, Egypt and EUROPE via Marsillo - das Marilles 12th December

18.10)

$5.00

Do. (now)...

Copenhagen

18.16

21.10

Ворой

$11.15

Oslo

18.16

$0.70

China Sugars.......

#x7

Malabon Sugara ... .....

34.40)

United Asbestos...

THO

Prague

183

182

Miscaliannonsa

42.20

108.23

$261

375

Bucharest....

818

851

Dairy Farma, oum, r. 826) Do, ei rights

rights $8

Rio

5

Buenos Aires ..................

38

Bombay

1/8 23/32

$10

Shanghai

1/71

1/3

Yokohama ...

2/0 15/32

$19

Spot ......

181

Forward ...

137

EXCHANGE.

851.

3X

proc

في العالمدار

November 8, 1030

: Vienna

Helsingfors Madrid

Lisbon

Athens

Hong Kong

Silver:-

CLOSING QUOTATIONS.

ON LONDON-

Telegraphic Transfer... 1/3 Bank Bills, on demand 1/31 Bank Bills, 4 months'

1/39 Bight **** Credits, 墙 months*

aight

sight

ON PARIS:

1/3 13 10 Documents, 4 months'

---- 1/4 1/18! Bank Bille, on demand 800 Credits,

4 months sight 840 ON NEW YORK:-

Bank Bille, on demand 311. Credits, 60 days' sight. 32j

OR BOMBAY :-

not being used in any experiments ON YOKOHAMA which the Ministry were conduct On demand

AMERICAN GENERAL ILL. Ing obsarvations of experimental

AUKRICAN GERVIOR.) -

WARRINGTON, Novy General Bliss, former Chief of Staff of the United States Anny, is oritically ill with intestinal

trouble,

***

$12.40

$28

3/10 $31

Mackintoshe

Do

Dar A. Wings

Amusementes

Chin, Entertainm'ta.

Constructions

Lane Crawfords

Nanyang Tobacco...

Sinceros ******* $11.70) 912.

B. Ind. G. Bonda...

H.K. Gort Loans... $1043]

LOOAL AND REGULAR OUTWARD MAILS.

SUNDAYS & HOLIDAYS

$11.00

Watson

BLOKAI

$3.85 Wm. Powells

Hai Ning

Tinan

:8.30 7.

Amoy

***

$31

Friday,

14th,

TH

Swatow, Amoy and Fooshow

Hatching...

$19

話

Bandakan

Minsang

Emp. of Japan

· 1,00 x

Baturday, 15th,

10,80

Wednesday, 10th

3.80729

"Superscribed correspondence only,

ВИЛИСК

WEEE DAYS,

J. FROM K

From

brox

FROM

Вилпиона

O.P.0.

SHEUKOWẨM BRANCH PO.]

Q.P.Q.

Chaton ...

(7.15 mm. &), 7,30 8.0.

0.00

7.00 p.m.

5,00 pe Sundays

2.0,

Lonly

§ 7,15 mm, 4) (7.00 am. Į La15 patti.

9.00a.m.

0,00 am

{800 px. 3.00 MIL

12.30 p.m. & 4.80 p.. Baturdays 11.00 pm, & £4.30 pa

£7.20 m, & (7,80 mm, &

7.00 pm Bondays (5p.m. only 7.00 pin.

(7.35 am, & (7,30 1,00, à

1.15 p.z ∙1.30 pm.

9,000 0,00 m

11,0 mm.

† 11.00

{ & £30 pm.

YOU KNOW

YOU WON'T WRITE

So why not send your old mess-mate a Weekly Press while he is away?

Let us have his. Address, and send us $8.00 and we will send the Hongkong Weekly Press and China Overland Trade Report to him

FOR SIX MONTHS

Office: 11, Ice House Street.

Macan & Thinshan

L80p.m

Bundsys 6.15 02

Sunday

5.30 a

Lonly

Telegraphie Transfer Bank, os domed

87

ON: CALOUTTA:-

Kengmoon (except Baturdays)] 6.00 p

Kankung (except Saturdays).

0.00 p 6.00 p.m

5.00 pm

(only

6.00 p

6.00 p

*

On

Bank, on demand ... SHANGHAI: -----

Telegraphic Transfer 87

Fatahan (By Train)

7.36 a.m.

7.15

1 Tle. 801

Tai O

Bank, at eight

Tai Po

13

Bhumabun

Cheungshow

(201

Aberdeen Stanley

8.30a.m.

B

1,00p.m.

100 pz.

distalingsbuny: Santia

9,00 p.

10.30

Bheungehul Balkung

4.30 pa

4.30 p

Namtan, Bhekki & Taiping

(Funds)

7,000

7,00

ing with regard to road purposes, ON MANILA-On demand.., 3Į. but his technical officers were mak. UN SINGAPORE:~~

On demand sections of rubber paving ready, ON. BATAVIA:-On demand.. 78.

ON HaruoNG laid down in London.

On demand Mr. Morrison added that he had appointed

will regard to the exON BANGKO periments to be undertaken, and he would have Sir George Fanny'e suggestion for experiments with rubber brought to their notice..

"On icinald

Exte

1/4 Boventions, Dank's Buying

16 11:16

BAN SILVER, per ok