1930-12-03 — Page 12

12.

Money and Markets

CANTON TRADE TRADE DEPRESSION

NOTES..

The oil market is normal. Latest quotations are groundnut vil 88.05: tea-send oil $0.80; wond-tar ail. 89.05.

The cotton yarn market has boën steady during the past few days. and prices are firm. According to

Shanghai telegram, the market thero has been dull..

RKUTER'S AMERICAN BREVIOR}'

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 3

13, 1930.

P. & O. REPORT. DAILY SHARE QUOTATIONS

"OUTLOOK- ANYTHING BUT SATISFACTORY.”

HONG KONG STOCK EXCHANGE.

SHAREBROKERS: ASSOCIATION.

Balan minal TUESDAY,

DECEMBER 2.

Banks

Buyer Balan

...

H.K. Banks.......--| $1,080)

Do. (London)...... Chartered Banko ... Morcantile Bles. “A”

Do.

Bank of Kast Asia...] $117

Insurancas

Balas Noktal

!!!!!

H

·FOREIGN MAILS

BADIO NOTICE.

Individuals and arms are recommended to register their tole- graphic address at the Radio Offios. No charge is made for this.

INWARD MAILS.

***

Fuo

£10

Cen 812)

JAYA 1 JAVA M

**

AMOT a SWATOW...

"

P

BHAMORAL and SWATOW JATA

JAVA Bud MANILA...

Ватата

IN AMERICA.

(THROUGH REUTER'S AGENCY,]

LONDON, Dec. 1. The Peninsular and Oriental NATION'S ECONOMIC LIFE Steamship Company's report for the year ended September 30; in- UNIMPAIRED.

cluding £120,000 brought forward 116 from last year, shows a credit balance of £800,000, compared with £13,000 for last year...

The sum of £15,000 is carried forward:

5,1685

81,700

C1131)

2181

1:27

***

E12)

T

$1,180 03:

+4

.....$3.0

$3,15

434

Kunora vía Suez (Leitora and papon,

•

7.100 $4901

T160

$498

L

$400 $1,165

M.850 Yangteze Insurance. China Fires

100

CALOUTTA and BTRAITE

*

$400

JAYAM ...

***

154

H.K. Fires...

$1,169

Australia sod Manila

SHANKĦAL und Amor

Shipping

STRAIN

$

MARILA

$27}

Douglases

$26-

Japan and Shanghai,

$312 Steamboats 8311

Japan and Suanquat

140

Indos (pre)

843

130

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

28

131-

Sholl Tiansports...

03/0

$39

Wator-boata wi

$39

WASHINGTON, Dec. 1. The trade depression was reflected in President Hoover's annual The price of foreign flour has message to Congress to-day, in risen slightly owing to limited aranouncing a budget 'deficit of rivals. There have been, limited quantities of Chinese flour the price $10,000,000, contrasted with the of which has also rison.

*

Some 2,748 picule of wolfram were exported during the latter half of last month. The price is low and merchants are reluctant to sell. There have been consider

#ble overstocks.

Six steamers, aggregating $4,000 tone, are being constructed, namely, the 91,800-tan liners Strathnaver and Strathaird, for the Australian estimated surplus of $120,000,000.service; the 14,000-ton" liners Can- Nevertheless, the fundank ntal

ton and Chefoo for the London, secarity of the nation's economic Bombay, and China line; and the

life was unimpaired.

He declared that the number of wholly unemployed, as accurately determined by the census take in April, was about 2,500,000, whilst The ponge weaving industry in

the Labour Department's index was Saichin district has been promis-larger. Trades had shown some in- ing this year. Very large quanti-

craeo since. ties aro exported to Indo China to meet the donand of the oversee Chinese and natives of Annam.

.

lo asked for an emergency sp- propriation of between $100,000,000 and, $150,000,000 to accelerate con struction and to increase employ Demand for raw silk by Americament during the next six months, has dropped off considerably. This, Bet commitments beyoud coupled with the competition of Japanese silk, has used a sharp period were unwarranted.

decrease in the exportation of raw silk from the city during the past few wocks

+

Arrivals of foreign piece goods have been very considerable during the past few months. Over 40,200 'rolls of cution pices goods and 11,300 yards of woolens were in- ported during the latter half of Last month

Optimistic Nots."

that

LATER. It is eatinated that the 1932 ex- penditure will be 84,054,000,000, and the revenue 84,095,000,000, if the tax reduction is discontinued.

The picture painted by President Hoover, however, was by no meani gloomy. He traced a substantial pngress last year in national prac And security and noted that the fundamental security of the nation's The exportation of tobacco leafconomie life was unimpaired. has shown a considerable declino Education and scientific discovery this year. Formerly, over four made advances, while the million pounds were exporteri major forces of depression lie out-

mally but this year tobacon eropside the United States and our are poor and only 1,400,000 pounds recuperation is retarded by the have been exported since January. | warranted fear or apprehension The price has risen by about ten created thereby." dollars per picul but the export duty has also increased by 87 per picul and merchants are making no profit.

ROYAL DUTCH PETROLEUM

COMPANY.

POSITION DECLARED TO BE "MOST FAVOURABLE."

(THROUGH ABUTER'S AGENCY.}

AMSTERDAM, Dec. 1. A meeting of the Royal Dutch Petroleum Company to-day ubani mously proposed modifications of the statutes.

Prices Stable. President Hoover declared that the United States had retained 80 to 85 per cent. of its normal adivities, and the incomes of the major financial institutions had weathered the storm unimpaired. Commodity prices remained ap proximately stable and a number of jadustries wore showing signa of in- creasing demand, and the world at large was readjusting itself to the situation.

Bellef of Unemployment, But the problem of the relief of unemployment was somewhat less than the published estimates of Sir Henri Deterding, the Manag- mmbers would indicate. The num- ing Director, categorically contra-ter of distressed families represent- dicted rumours in regard to the only 10 to 12 per cent. of the non-payment or reduction of divi- calculated number of unemployed. dend; and said that the Company's position was most favourable. There was no ground whatever for anxiety on the part of bond fide sbare holders.

EXCHANGE RATES.

[RITION WIRELESS SERVICE.)

RUGBY, Dec. 1.

Paris.

New York

Brussels

Geneva ...

Milan

Amatardam

National Defence.

The subject of national defence President Hoover dismissed in few words with a reference to, the Trosty, which London Naval selallished for the United States qarity with the strongest foreign Powers, and brought important reonomics in the conduct of the Хагу.

Future Legislation.

|

0,600-ton cargo boats Soudan and Somali for the London to China linc.

All these vessels are oil fucl burners.

The report adds that the outlook is anything but maliafactory.

គ្ន!!!!

THE

Canton Insurances.. $1,175 Underwriters

North Chinas......«***** Union InsurancOS... $198

'Mining

Beaquets......

$9.10

38/1

Kallonsmatrati

Langkata (comb.) .......

1.64

Do

(single) ..

Exploration..agotovo

T.5

$31.70

FA

Sir Robert Horns and Lord T.I Cromer have been nominated usi Directors.

Shanghai Loans...

Raubs ... $313

Troach Mines 1999

Docks, Wharves,

Godowns, ato.

FL.K. & K. Wharfs...

Providents (old).... 95.95

Do. (now) 5255

H.K. Docks

GERMANY'S MONEY BILLS.

$179)}}

35.35 $2.05

#04;

$32

31

2.117

Shanghai Docks ...

T7.10

Now Engineering

LEGALISED BY PRESI DENTIAL DECREE,

{THROUGE_BRUTER'S AURMOV.}"

M+

T.281

ket

BERLIN, Dec. 1. Following report from the Chancellor, Herr Bruening, that it

was unlikely that Parliament would pasi the Money Bills connected with the Government's economic aud Anancial plan to deal with the pre- sent trade depression, President Hindenburg signed a decreo under 48 of tho Constitution Article wherely the Bills inmediately be come law,

$11.40

$11.45

$824 $83

1·831/2

8812

$89

| La

$20

13

T319

85,35

816

$101

***

687

***

Tut El

Jox div. T.70

***

$18

$141

392

The decrce cubodios 25 Bills. The Reichstag can now vote for $26.60 326.15 the annulment of the legislation, | $791 $90 but it is thought that it will be im- possible to obtain a majority for the purpose.

SOVIET ANTI-BRITISH ALLEGATIONS.

UNFOUNDED REFLECTIONS STRONGLY RESENTED,

(THROUGH REUTER'S AGENOT.)

LONDON, Dec. 1.. Mr. Arthur Henderson,

quos. tioned in the House of Commons about the anti-British allegations contained in the indictment of the conspiracy trial at Moscow As regards the future, Presidoat November 11, agreed that certain Hoover commended the Congress to consider legislation to facilitate passages appeared to reflect advor. sely and unreasonably on the Bri- railway consolidation, the revisiva tish Government. The British of the immigration laws, and the Ambassador in Moscow accordingly

trengthening of the deportation rs to rid the country of criminal was instructed to inform the Sovie

123.87

4.58 348 35.07 82.72)

12.001

Berlin

20.30

Stockholm

18.01

Copenhagen

18.16

alions.

...Oslo

18.157

Prague

03)

Helsingfors

193

Madrid

43.15

Lisbon

108.25

378

Bucharest

818

Rio

41

Bombay.................

1/52

Shanghai

1/0).

Hong Kong

1/21

Silver:-

Spot...

101

Forward

10 1/8

Athens

SOVIET TROOPS ACTIVE ON LATVIAN FRONTIER. ARTILLERY. SHELL, `SEVERAL VILLAGES.

(XAROUGH AKUTER'S AGENCY.}

BERLIN, DOC. 1. Strong military activity on the part of Soviet troops is reported from the Latvian frontier.

The whole district of Bigosovo is reported to be awarming with Red itroops, ..

Ride firing was uninterrupted and many soldiers have been wounded.

Risings of peasants in West Rus- sia are reported from Riga.

EXCHANGE.

CLOSING QUOTATIONS.

ON LONDON——

December 2, 1030,

Telegraphic Transfer... 1/2)

Bank Bille, on demand 1/21 Bank Bills, 4 months?

Credits,

months'

1/27

Fight 4 months

--ཟྭ་ཏ་་ཅ་་་་་* ******* 1/3 7/16

sight: 1/3 9/16,

ON PARI

ON

Bank Billa, on demand 750 Credits, 4 months' sight 800 NEW YORK:

Bank Bills, on demand 291 Credits, 00 days' night. 81 OK BOMBAY

Telegraphic Transfer

* Bank, on demand

ON CALOUTTA:

that in so far as they accepted the Public Prosecutor'e comments on ifhe nocused', depositions ho Mr. Henderson) took exception to the pasages which contained adverse and unfounded reflections on the lats and print Governments. (Cheers.) The Government await- ed the reply of the Ambassador.

ACQUITTAL OF AN EX-ARCHDUKE.

NO PART IN NECKLACE SALE SWINDLE.

New York, Nov. 25.-The former

-་་

Hongkows............

Lands, Hotels, and

Bulidings

H.K. & S. Hotels

HK. Lands (old)... $83

Do. (rights)

Shanghai Lands

H.K. Hositys ...... Humphreys ....... Chinese Estates...

10,

(00...

Cotton Mila

TE

$1721 172/3

371-

1T14.40

STAD

T.I

1.6

Pen

Tyikini Neston Elm Üremer

**3rd Dea

3rd Dea,

Brd. Dec.

Binking...

3rd Doo.

T'anda

Brd Dos.

Tyileboel ...

4th Doo.

Domodos

4th Doo,

.stb Deo.

5th Deo.

Gris Doo.

7th Doo.

8th. Dio.

8th Dor.

8th Dec.

12th Doo.

1th Dec.

Billamabat and EUROPE via Bineral

(London, 15th November}

Landon, 6th Nor, and Parcels 3.th October October...

*

Ranchi

Namsang... Bydney Mari

NL Albans Tyikarung Miren por

eroa. Menisley D'Artagnan

Terukani Maru

OUTWARD MAILS.

H

REGISTERED and PARCEL MAILS are closed 15 minutes earlier than the time given below unless otherwise stated, and where maile are advertised to close at or balora 9 am. registered and parcel mails are closud at 5 pm. on the previous day.

FOR

14/Shanghai, Japan, Canada, 11.3.A., C.»¤l

America and EUROPE via Vio toria, B.Oue Victoria, B.O., 24th December and EUROPE via diberia Straits, Ceylon, India, Mauriting, East and South Africa and Parcels only for Germany vis Homburg ... Amoy...

hanghai, Japan and EUROPE via Siberia Moss!

T.193

Amoy and Formosa via Sw w

Straits...

Manila...

Swalow

811.46 14045

Java vis Bourabaya...

89.30

310) |$16.89) 816H

EwOST.117T11.65

S'hui. Cottons

Loong Sings aroun 발

Public Utilities

1-

**

$18

"Tramways" ya

Pork Trams (vld) .....] $14)

Da (now)...$7

L. Lights (old)...........) $26.601 (now) $20.15

862

Star Forrics......... 3421

$30,00

ມສ.

H.K. Electrics **$791

$23

Macao do.

Sandakan Lighta...

$35

Telephones (fully pd.)

$23.16

1.19

China Buses

7/8

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

***

19/.

*

Do. (part pd.) $23

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

Industrials

L103 Caldbook, (ord.) T1040 Macgregor prof.) $3.80 Canton Icɛa ******** Coments (comb.)... (old)... (now)......

이

1:1

FER

Likava Maru

Alator

***

Taiyuan...

DATE and TIM

Wednesday, 3rd,

280

3.00 PM

8.30 AM

3,30

3.30

5,00

Deli Maru

Thursday, 4th,

880 AM

Üremer

10:30 AM.

Desodora

Hydrangea

Tikandi

480 TH

Friday,

6th,

Parcole

NCOD

Tanda...

1.4522

Lotters 2.80 ₺ ►

Hatching...

Sydney Haru

Parcoin

100%

Box.

4.15

FE

Rancht

Japan

T.82 1.01

Shanghai and “EUROPE via Biberia

wator...

Bancii... Sinkiany

***

Straits,

Manila, Rabaul,”Aug'ralia and New Zes

laad via Brisbane-doe Brisbane, 23rd December Swatow, Amoy and

Manila, Australia and New Zealand vis Brisbane-dae. Brisbane, 19th Deo....

444

Fosshow

Beg.

ROT.

Lotters

1.00

Ceylon, India, Mauritius, East and Bouth Africa, Aden, Egypt and Rawalpindi EUROPE via Marseilles-due far selles, 2nd January 1931

Letters 5,00

8.00

6.00

5,00 % Kowloon P. O.. Parools 4.30 PM. Reg. 6th, 9.00 Letters 1000 a m G.P.O.

Pary 5th, 5.00 Y Box 6th, 9.45 Letters 10.30 a i

Baturday, 6th,

3.00 1

7th.

***

*T+

Straits and Calentin .....

Japan, Canada, U.S.A., Central and Bouth America and EUROPE vis

180

Amoy and Japon

Nam Sang

Sunday,

823) || $23,20)

71.

Bangkok ria Swatow Swater, Amor.and Formosa Amoy

Klangeu

·8 30 AM

Canton Mars

9.00 AN

Kwanglung

9.00 & 10

PH

Monday, 8th, Parools

Noon

Kum Sang ... LiLetters

1.00 M

Pres. McKinley

Parcels

3.00

Victoria, B.C.das Victoria, B.Q), (

Rog

4 15 P

$18.15

818.15- $18

Sath December ..

· 5,00 € M

012

311.10 $11

$0.80

913

Reg.

$5.20

Do. Корси

841

Shangbai and "EUROPE via Siberis

Pras. McKinley

patogumn #13.16| $11,40| $11.30 China Sugarsveinara

$27

Malabon SugarsE

$29

Manila and Sourabaya

United Asbestos .......

Bwatow, Amoy and Fooshow.

Tjikarang

Haiyang tr

**

Miscellaneous

1974.

Straits, *Egypt and EUROPE via Mar-

soilles de Marseilles, 8th Jan, 1931 j

Diomed...

3871

327)

$25

$8.90

81

Dor A

$23

***

Dairy Farms, oUAL, F.

Do ex rights

Don rights

Wings..

Amusements ******

Entertainm'ts. 319 Constructions....*..

$3.70 Lane Crawfords ...| $3.70

Nanyang Tobuxx... $9,26 $11,60 Sincere, artista

B. Ind. G. Bonds... 83%

$19

A+

Budu

Balgon, Straits Ceylon, India, Maritins, F. and 8. Aden, Egypt and EUROPE vis Marseillon-due Marseilles, 811 Jan.) 1981...

$18

$19.80 Watson

$3.85 W Powell

34

$114

Sandakan

TH

69% BIX

prom.

H.K. Govt Lon... 8105

...

**

LOCAL AND BEGULAR OUTWARD MAILS.

SUNDAYS & HOLIDAYS

Fox Face BAKUNOY AN

Власи

Lo..

Biralis, Ceylon, Inli, Mauritius, E. and“ B. Africa, Aden, Egypt and EUROPE I via Marcillez-doo Marselien, 8th. Juntary, 1981

Canton

Arobduko Leopold of Austris was

to-day acquitted by a Naw-York Macao & Tinskan

court of a charges that he had

03:

Telegraphic Transfer... Bank, en domand83 ON SHANGHAI :— .- 1 Tis. 70

Bank, at sight

...J91% dia. On Yoxon:****

On demand

Bob ON-MARILA. Og demand... Go, ON BINGAPORE

On demand........

631

ON BATAVIA::—On demand.. 74§ Soviet artillery shelled and set ON HAIPHONG- Iro to overal villages near the On demand frontier.

ON SAIGON:On demand 701

Peasants in Many Districts Revolt. ON BANOKOK:

Ragu Dan 1

The newspaper confirm the re- ports that the peasants in many districts have revolted:

On demand

1464

illegally sold a G.8400,000 necklaos

[7.15 ani, & `; 7.30 a.us. (000 pr.

7.00 p.m.

Handays (5pm. only

WEEK DAYS.

Flox a.ro.

Frox {SUMUKOWAN

Braмçu F.0.

G.P.O.

(7.25 m. 5.00 p

[7,80 am, &

7.00 AM..

Bundays

7.00 pm. only

::ƒ7.15 am, á] (17.30 am, A

[ 735 mm. & 17.30 KXL) .1.16 p..

1 1,80

1.30 Bunday 8.80 only

6,00 p.m. 6.00 pos

0,00 p

7.15 am. 9,40 100m

110,

(11,00

$ & 480p

which was once the property of Kongmoon (except faturdays) 5.00 p.m. Archduchess Louise."

Archduke Leopold

owner,

assisted a

Kankong (except Saturdays)"}

7.15

1,00 1,

( 100 núm. &

8.00p.m

{0,00 p.m.

British Colonel, Charles Townsend Fatahan (By Train) ... Bell, to negotiate the sale of the Tai O necklace for G.880,000, receiving commission of G.825,000, while the Tai Po the former Arobduchosa Louis Hapsburg, received but G.87,000, it was disclosed in the eridance during the hearing of the A Jury decided that Archduke Leopold had not intended to take part in a swindle.

Before his arrest, Archduke Loo pald sold usages for a living

CASO.

negotiations, it was disclosed to the court.

9.00 £1, 1

1280 p.m. & 4.30 p.. Saturdays 1:00 pm

·4.90 p 8.80

D'Artagnan

Himang

Tettam

5.00 W

Lettam 6,00 K

Tuesday, 9th,

B30 AM

1.00 Kowlson P.0.

Beg 1.00 Leiter 1,00

G.P.O. Reg. 1,457 M Laiture - 2.30

Kowloon P.O.

Reg. 10% Letters 1.00 K

Q.P.O

Reg 1.45 'Letters 2.33-7 w

Wednudey 10th,

10.80

Friday, 12th, Ratoen P.0.

Rea...

4,00 1 N

Torakuni Maru

(Letters · 430 ÝM

GP.O.

Bex. Letters - 0.00 ₪ mi

5,00′′ w

1.35 p.

Buninya

8.15 am

Lonly..

5.00 pm.

0.00 pm

*Superscribed correspondence only.

YOU KNOW

YOU WON'T WRITE

So why not send your old mess-mate

a We

ty Press while he is away?

us have his Address, and send

88.00 and we will send the.

Hongkong Weekly Press and China Overland Trade Report to him

FOR SIX MONTHS

„Ice House Street

8.30 A.

Shumchan

Cheungohow

Abertoss Stanley Antaa, Pingal

Bhatia, Shataukok and Shoungebai

3.00 pm

10,50 AL

Hamtan, Shekki & Talping

(Fmnan)

7,00p.m

مكابر 1000

1.00 p