1930-11-21 — Page 12

12

EMPIRE CONFERENCE NOT A FAILURE.

FOUNDATIONS OF FUTURE SUCCESS LAID.

[THOUGH BRAVEN'S AGENCY.]

LONDON, Nov. 19.

DAILY SHARE QUOTATIONS

HONG KONG DAILY PRESS,

FRIDAY,

NOVEMBER 21, 1930.

AMERICAN LOÁN

ΤΟ

DUTCH RUBBED

CHINA.

HOPES DOOMED TO FAILURE.

SHAREBROKERS' ASSOCIATION.

Balas Nominal

THURSDAY. NOV. 20.

Huyer Sellers

سولمة

Bmainai

(REDTEN'S AMERİCAN SERVICE, ) .

WASHINGTON, Nov. 19. China's hopes of securing a loan of 8000,000,000 in silver ballion from the American Government appear to he doomed to certain failure.

The Dominion Scerptary, Mr. J. II. Thomas, summing up the work of the Imperial Conference, referred to inter-limperial rolations and said that the value of the British Con- Mr. Key Pittman, Chairman of stitution lay in the fact that ita sub-committee of the Senate Com wag unwritter. Nevertheless, legis.mittee of Foreign Relations, dealing lation by the United Kingdom Par- with the commercial treaties with hament would be acessary to re- China, stated that hitherto he had overtures from Mr. move the existing legal restrictions reocived no on the legislative powers Dominion Parliaments and confer

”་

RESTRICTION.

HONG KONG STOCK EXCHANGE.

PROPOSED NATIVE RUBBER Buyers Ballare

CENTRES.

(THROUGHH_REUTER'n agency.]

AMSTERDAM, Nov. 20. It is revealed that the Dutch Rubber Growers and Producers' Association, which recently discuss. ed a 25 per cent. restriction of

$1,000

$114

total rubber, at Monday's meeting 115 discussed a proposal to establish native rubber centres with the view

$2.40 $3 1.180 $490

to controlling reduction from a

$400 statistical point of view, but no $1,116 restriction was contemplated, “and.

Leading Rubber Dealer's Views.

it is reliably understood that the of Lunbarger.

Speaking unofficially, Mr. Pitt restriction plans were practically on the Dominions complete legis-mna declared that the present silver | alaedoned. lative autonomy, so that the de problem was one of over supply claration af "equality of status," rather than of over guroduction, and anda ni the 1020 Conference, should he did not approve of any action that was unlikely to combat this become effective.

eyil.

Statute of Westminster.

It is proposed that tho law which ftrets this shall be known as the Statute of Westminster," and it is recommended that it should be passed by the British Parliament when the time cames for its opera tion on December 1, 1931.

LATER A leading rubber dealer, inter- viewed by Reuter, declared that the information which the Governor of the Dutch East Indies gave the

An individual loan from the United States to China would be no remedy, as it would not guar-Governor of the Straits Settle- antee that other nations competing ments on the occasion of the latter's with America for China's trade recent visit to Java put the 25 per would not dump additional storks of metal on the markets of the vent. restriction plan out of the world, thereby nggravating the acuteness of tho present situation.

Mr. Themas denied that the rcononic side of the conference was

Bolution of Problem, a failure, and said thit the ngree

went to adjourn. the economic dis Mr. Pittman suggested that the cussions for a further Conference in solution of the problem lay rather Olaws within 12 months was itself in granting a loan to China not by a declaration that the Conference, individunt power, but by an alliance far from failing on the economie of nations having important com side, had laid the foundations of, mercial relations with China. future ancerss.

Between now and 1931 the central problem of economic co-operatica would be carefully studied and the structure will be built on the foundation laid in 1930.

FRENCH BANKING CRISIS.

BANQUE DES PEYROUX

CEASES PAYMENT.

[THOUGH BELTER'S AGENCY.]

LONDON, Nov. 10. The Banque des Peyroux has eased payment, but its closing in

provisional." announced as

Cuatric Director Charged With Fraud,

PARIS, Nov. 20 M. Albert Qustrie, director of the Oustrie Bank, has been charged with fraud and illicit operations on the Bourse.

The Magistrate appointed three experts to examine the bank's c counts, M. Oustric appointing a fourth,

1. Oustrie before the war was a He waiter in a Toulouse café. possessed natural business talent which secured for him a high posi tion an armament firm during the war, and afterwards he organ- ized a gigantie trust of all-French footwear manufacturera.

A shock was caused on November 5 by the news of the suspension of the Dustrie Bank, with a capital of 100,000,000 frares, which worked in close relation with the Adam Bank and the Credit Du Rhone.

SAFEGUARDING DYESTUFFS

INDUSTRY.

©

OBJECTS OF ACT ATTAINED, (THOUGH KHUTER'S AGENCY.]

question.

INCREASING US. AIR CORPS.

DRASTIC REDUCTION MADE IN OTHER BRANCHES.

[UNITED PRESS.]

13. Col.

T.st

627

N

1:1:1

THHG

Banks

H.K. Banks #1,660

Do. (London).... Chartered Banks -.-.

Mercantile Bks. “A”

H

#

£110

£10

7

List

Do.

O"

£19 £28 £12

Bank of East Asia. $115

tw

Insurancas

19

$2.00 $3

82.00

North Uhinas.....................

T180

$BU

China Firos

Canton Ionaraucos.. $1,130 Underwriters

Union Insurances. $100

Los Yangtan Insorancos

H.K. Fires.

Shipping

Douglasce

...

#6.70 Benquets..............

Do. (single)

Explorations

$400

$1,110|

FOREIGN MAILS

NEW YEAR PARCEL MAIL FOR GREAT BRITAIN.

The New Year Parc-l Mail for Oraat Britain will be closed in the Ganoral Post Oos at 5 p. on the 21st November per 88, Karmala.

This mail is due in London on the 27th Dooem.or.

CHRISTMAS LETTER MAIL FOR GREAT BRITAIN VIA MARSEILLES,

The Christmas Letter Mail for Great Britain vin Marselles wu be closed in the General Post Office in the 22nd November por *.. Ka-mal - as follows:-

Registared Mall

9.45 m., 22nd Avember Ordinary Mail.....10.30am., 2nd November. The mail is dus in Londen on the 22nd, Docember.

The public ses reminded that dutiable articles sont by leitor post to the United Kingalum are liable to confiscation by the Customs thers,

Christmas carda_bearing not more than five written words may be forwarded na Printed Papers provided that the onslosing cover is left open

RADIO NOTICE.

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

$27

$28

$803

Steamboats

$40

Indos (pret)......

$43

Do. (dof.)

INWARD MAILS.

$28

78f.

Bhell Transporta .....]

B3/0

Water-boats unseres

6841

From

PRE

Dos

.....

Mining

JAVA and MANILA ...

Timanoek

Slat Nov.

30/-

Kailana

37/

BOURABAYA ***

Bantam

ziat Nov.

Langkats (comb.)....

F14.40

STRAITS

Jeypore

Yet Nov.

18

$7.40

EUROMA vis Sur (Letters and paper,

+

Shanghai Loans

Houds.......

$27

JAPAN and BHAMOLAT

London, 23rd Oot, and parcels, 10th October).

Kalyan

21st Nov.

...

Karmata...

Slat Nov,

Tronoh Mines Day

14/-

OAKADA, JAPAN and SHANGHAI

(Boattle, In November)

www

|| Prea, Taft...

91st Nov.

Doaks, Wharvės,

SAMARINDA

Sipora

21st Nov.

Godowns, etc.

Shanual and SWATOW

Bunning

23rd Nov.

VALOUTTA and STRAITS -

HI

Yui Sany-

EK. & K. Wharfs......

$174

Providents (old).

35.40$5.50

BIBERIA (London, let Nov)

Do

(now)... $2.50

MADELA

BHANGHAI, AMOT, and Exvort via

Tjisondari

Pres. Jackson

23nl

24th Nov.

H.K. Docks 631

MARILL

40

Empresa of Japan

24th Nov.

1.117

Shanghai Dooks...

T.193

25th Nov.

**

1.71

JAPAN and BHANGDAY SHANGHAI...

26th Nor.

26th Nov.

***

26th Nov.

26th Nov.

291h Ner,

$171 $173 10.40851 $2,00 $915; $200

T.581

$212 {"BIL] | $11.40

$821 883

$107

T.321

咖接

Washington, Nov. Patrick J. Hurley, Secretary of War, today ordered 13 organiza- tions of ordinance, engineering, field artillery and cavalry bran- $16.20 ches reduced to inactive status, and

Judge Paul Linebarger, legal adviser to the Chinese Government. who was neting se a special envoy of Marshal Chiang Kai Shek, to negotiate a United States loan of one thousand million ounces of silver, to rehabilitate the whole of China by diverting the millions of men engaged in war into peaceful ade drastic roductions in other production, said that his first duty branches of service in order to per to America was to obtain completemit the Air Corps to increase its sovereignty for China as regards treaties. This was

on essential personnel, by 1218 men. foundation of all loans to China.

China must be recognised as a sovereign independent power, free of all unequal treaties, afore a loan From of any kind was equitable,

the Chinese viewpoint his duty, therefore, was to report to Nanking regarding the treative and economic conditions affecting the Chinese Government.

FARMERS' THREAT TO

U.S. CABINET.

Men who are taken from abandon- ed or reduced organizations will be transfered to others, which will conse rooruiting until they have been reduced- to normal strength, it was stated:

TOP

$1.60

T12.20 T12.30

883/21

!!!

T7.10 New Engineerings

Hongkows......

Inds, Hotels, and

Buildings

H.K. & S. Hotels ... $11.50 $11.66| II.K. Lands (old).......] *82)

Do. (new)...

Shanghai Lands

H.K. Realtys... Humphroys

Chinese Estates

፧ :: : ፈ :

$87

:::

FRS

T.ss

1.9

Angers

Athos II ... Hestor

Taiyo Maru

Hakoraki Maru...

Pros, Garfield

UB.A., Honolulu, Japan and Shang- HAI (San Francisco, uth Catober).... Jaran and buangnal 0.8.A, HONOLULU, JAPAN and SuanGĦAS'

(ban Francisco, alat October U.S.A, HONOLULU, -ATAN and SHANG

HAI (San Francisco, 7th November)) Canava, 0.S.A., Japan and ShanGUAIL

(Vancouver, BC, 18th November)...} Empress of Asia...

St. Albans Australia and Manila

Pres. MeKinley

OUTWARD MAILS.

lat Dec

7th Doc...

REGISTERED and PARCEL MAILS are closed 16 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 9 a.m. rogistered and parcel mails are closed at a p.m. on the previous day.

Do. (rights)

29,40

|

$9.50

| $16,20

Ootton Milia

1.12

T.83

Bhai. Cottons.

1.9

Zoong Sings ....................)

Public Utilitiga

918

016.15

"Tramways........... $18

$18

$14 Peak Trams (old)...]

Do.

(now)...

$14. $7

For

3281

$201

$967/480

C. Lighta (old)...... 876.00

Do

(new).....$25.16

#211

$217

H.K. Eletrics 14

$92

20.75/.90

81/82

Macao do.. #23

Manila, Australia, and New Zealand via Thursday leland-dug Thursday

8112

Sandakan Lights

land, End December...

$356

Telephones (fully pd.)

Bwalow, Amoy and Fooobow

829.85

ho..

$23

Halphong

1.18

China Buses.................

Fort Bayard

7,0

71.

19/.

Japan

44

Shanghai and "EUROPE via Sibaris

Straits, Ceylon, India, Mauritius, Eart and South Africa, Aden, Egypt and EUROPE via Marsellles-das Mar sellles, 20th December

Congress in 1020 authorized an additional 8240 men in the Air Corps, but it never appropriated the money required for pay and 826.4) maintenance covering the increase.

CUBAN MESSAGES CENSORED.

AFTERMATH OF THE

REVOLUTIONARY

DISTURBANCES.

[UNITED PRESS.]

DEMAND THAT MUSCLE SHOALS PROJECT BE PASSED.

[UNITED FRESS.]

14.Senator New York, Nov. 15-All-America Washington, Nov.

Cables announced to-day that every: Smith W. Brookhart of Iowa to day voiced a threat to block ap thing from Cuba is being othsored.. propriations and force a specialThe transmission of messages in spasion of Congress unless the bill code is not being allowed by the providing for Government opera Cuban authorities. tion of the great Muscle Shoals Power development project is pass Farmers look for benefit from such operation, which is expected to provide them with cheap nitrate fertilizer.

ed:

Star Forries 888990

(part pd.)] $224

Tractions ham Do (pref.)......

Industriala

T.101 Cakibook, (ord.)

H

2.

T1040 Macgregore praf.)

$2.80 $181 $18.55 $12

$5,20

Canton Ices 8%.50 Camants (comb)... $18.10 $18:30

Do

fold)...

***

(now)...

811

$10.80 10:70

Ropes

$10.80

$29

Amoy

Manila

At the present time, according, to such information available, the country is quiet after revolution- $87.10 $27.40 $97.18 ary disturbances by students and 824.80

891 President Machado's resultant, ap- plication of martial law.

The students continue, however, Senator Brookhart deolared that to demand administrative reformas, the bill must be passed by the vanwhile denying, responsibility December "short wssion" of Con- for the rerent riots. They say that gresa as a means of immediate farm Communists are to blame for the relief, and lie intimated that it inter would receive the solid support of members of the "farm bloc" whe

LONDON, Nov. 18.ther Democrate or Republicans.

In the House of Commons to-day,

"If President Hoover vetors that

the President of the Board of Trade, bill after it has been passed," he Mr. Willian Graham, announced canoluded, he just as well not run that the Dye Stuffs Imports Regula in 1832."

tion. Act of 1820. would be allowed

to lapse at the appointed date,

January 18.

He declared that the object of the Act had been attained, namely, to safeguard the industry by the system of prohibition subject to Licensing,

[BRITISH WIRELESS SERVICE). Foreign Competition.

SOVIET CHARGES

REPUDIATED.

FRANCE "PROTESTS AGAINST PLOT ALLEGATIONS.

www

Paris, Nov. 15. A strong protest RUGBY, Nov. 19. has boon lodged with the Mosco The President of the Board of Government by the French Ambas Trade announced that the Govern-sador M. Herbette against the allo sent had decided that, na the ob- gations that the French General ject of the Dyestuffs Act had been Staff with the comvance of form attained, it should lapse on Janu- or Premier Poincaro and Foreign hty 15 next. The Act provided for Minister Briand was preparing the safeguarding of the dyemaking plans for an anti-Soviet orusade as industry by a system of prohibition contained in tho, indlotment signed subject to licensing, and it was ex- by atato-prosecutor Kryenko of pressly provided in the Act that it eight prominent Saviot engineering should continue in foroo for a expents who are charged with econo period of 10 years and no longer mie and industrial sabotage and

A recent committee alowed that high treason, “

the industry had now reached the It is understood that Ambassador stage at which it was capable of Horbetto has been instructed to in- snecting a very large proportion of timato to the Moscow nuthorities the requirements of dyestuff wore that such"wild and absolutely un in the United Kingdom and of founded charges would seriously carrying on a serenaing export jeopardise Franco-Soviet relations. trade, and manufacturers had in-Former Premior Poincare in his

EXCHANGE.

CLOSING QUOTATIONS.

Korember 20, 103 .* ON LONDON:

Telegraphic Transfer... 1/3 0/10 Bank Bills, on demand 1/7 5/16 Bank Bills, 4 months'

1/37/16

sight

Credits,4

months*

sight Documents, 4 months

sight

ON PARIS:-

Do,

China Sugars....

Malabon Bugars

United Asbestos

PMR

DATE and TIME

Taiping...

Friday, {|Beg,

Letters

giat

0.45 AM

Hai Ning.

10.30 A

2.00

flanton

2,80

Wing Loo... Khlyun

...Kalyan ...

5.00 P

Beg.

5,00

Letters

Karmala

6.00 Fowloon 0. Parcels 4.80 P Reg 39,0.00 a m Lettara 10 00 AM 0.1.0. Par,,21st, 5.00 Beg. 22nd,945 & 16 Leiter, 10.30 AM

Saturday,

and,

Timanook

Pres. Toft

1.30 PM 4.90 I W

Sunday, 23rd,

Miscellaneous

Dairy Farms, cam,

#271

Bangkok via Bwstow (

Swałow, Amoy and Formosa

Kwangehou Canton Maru

8.20 &

9.00 AM

424

$24.90

Don ex righte

申

Monday,

24th.

Don

"Der A. Wings..........

Amoy via Buator

Antung

10.30

最跚

$23

Amusemonte

$22.

Maurtins via Saigon ...

13.30 P

$101

Chin, Entertainem'ta, 311 Constructions _ ................

Japan, Canada, U.B.A. *C. and *3.America

Parcely

8.00 PM

$3.00

₤3.70

84 $3.40

and *EUROPE via Victoria, B.C

Pres. Jackson

Rog

4.15 w

Letters 8.00

0.00

$10.

$12.70

$1280

81% prém,

*India

Tisondari Hatching

Reg

Athos 11

Reg

1.00 M

1/41

Cante

-Bank Bills, on demand 790 Credits, & months' sigiu 834) On NEW YORK:

Bank Billa, on demand 21

60 days sight 321

Bang, der 863 Bank, on demand .....

ON CALOUTTA!—

Bank, on demand

Telegraphic-Transler...1863-

Ox SHANGHAL:———

Tis, 301 -

A

O

Bank, at night ... Thc gia. YOKOHAMA -

On demand

691

O

MANILA. On demand... $

On demand w

Watsons

Lane Crawfords Mackintosha...

Nanyang Tabcoco... $31

11.00 Bincere ..................... #11 8

285 Win Powell********

B. Ind. G.8 Bonda...

H.K. Govt Loans... $104}}

LOCAL AND REGULAR OUTWARD 'MAILS.

$13

831-

85%

Swalow, Amoy and Fooskow

Balgon, Birsila Ceylon,

WEEK DAYS,

SUNDAYS & HOLIDAYS

FOR

Fiox 0.1,0.

Frox BUKUNGWAN. BaNOW FO.

FROM G.P.O.

Macao & Trinshan

(715ain, & 10:00 p.m.

7.800.00 17.00 p.m.

$5.00 pm

Bunday (6pm only

Lonly

das Viatoris, B.0, 12th December ....

Abonghai and "EUROPE via Siberia

Havila and Sourabaya

Pras, Jackson

"Bai Song

Chip Ching

Bex Telters

-"0:00 w

Tuesday, 25th,

9:30 AM

1.00

1.09 1 N

Kowloon P.O.

Letter

G.P.O.

Dottor 230

Kowloon P.0. Reg

4.30 M

O.P.O

Lettora 4.80

Reg 5.00 Letters 800

15,00

Wednesday, 26th,

1,30 25- Parools 8.00.

Telters 500 P = . [Regalo 500. e. 30

Gettera

Marsang

Znip, of Japan

Kap, of Japan Trinam

Friday.

Kowloom P.0.

6,00 8.50 PM

3.00 pm

49,00 a.. 15,00 p.m.

* F6,30 p.m.

& $20 pm Katurdays 1,00p.m. & [4,80 p.m. 1,30 a.. 1,00

Frox M BHEUNGWA

·BEANCH

8.0.

(7.10 am, & (7.30 am, &

[7.15 am, &

1.15

Lonly."

500 Ya

7.15 3. 9.00.20 9.00

I & £30 pm.

7.00 p.. Bandays.

7.00 pm.

(7,89 am, 4 1.30 pm. Sundays *8.80 0.0

only 0.00 pm..

·0.00 pm.

Aden, Egypt and *RUROPE vis Marseille due Marseilles, 26th Dec,

Biralte, Carlo, Inglia, Mauritius, East

and South Africa, Egypt - m3 { RUROPE via Warnillagedas Marior maillo, 24th December

Bwator and Foochow

Bandakan

Japan, Canada, U,B.A., C. andß. Amerios and EUROPE via Vancouver, B.Odue Vancouver, B.C., 12th Doo

Shanghal and EUROPE via Biberia Amoy

walow, Amoy and-Fooohow.

Straits, Ceylon, India, Mauritius, E. and

B Afries, Aden, Hayot and KITBOPE Hakosaki Maru via Mareillaedzin Marual''ev, 27th Dec.

Halters : 4.30 v *

G.P.O.

Itep

5.00.

Cheongshing

Foochow vis Bestow ***

Empi, of Aria

Balla

Leitar 6.00

Saturday, 29th,

• 5,00. DECEMBER Tuesday, End,

9.80

B.QUAM,

1 9,00 ALKU, đ

17.15 am, dị (7,80 a.m.

1.16 p.

4.80 p.m.

Bundays 8,15

Kongmoon (except Saturdays) 5.00 p..

Kankong (except Saturdays)

6.00 0.10. 6.00 p

Fatahan (By Train)

TWO

Ti Po

Bkwgbiz

Choungchow

Aberdoen

Shatin, Sbabaukok, and

3.00 pm

16/10

Bia SILVER, per os,

Namtan, Shokki # Talpin;

(Fundin)

·2:00 pm

ON SINGAPORE:-)

ON BATAVIA:---On demand.. 776

HAIPHONG : —

ON

On demand

Ox SAIGON: On demas } TDI

*On demad

Cha Jangan mest normal regular fortnightly Partiola In ON BANGKOK:-

Reta

"prices. It thus appeared that, the noosition by pouring Born End Feed N object of the Act had been attained ridicule on what he calls Krylonko's in the 10 years it had been in foro fertile, imagination."

Pingahan, Bautis,

11.0 a.,

(11.00 ate

8.00

1.00 p

| 1080 mm

7,00 pa