1930-12-31 — Page 16

12

TRADE ON THE TURN.

MR. "SNOWDEN SEES A

REVIVAL.

Mr. Philip Snowden, Chancellor of the Exchequer, stated at a dinner of the Farnham Chamber of Com merco recently that there were signs of an improvement in trade.

When it does come," he said, I think it will come with oon siderable rapidity:"

While there was an impression that prices had not toushod rocke. bottom there would be a reluctance to buy, bus as 1000

...

stimulus to trade,

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 31, 1930.

NEW YORK BLED BY 250 NEW R.A.F. PLANES DAILY SHARE QUOTATIONS

RACKETEERS.

EXACTIONS TO TUNE OF

MILLIONS

Millions in tribute money are according to complaints received by extorted by New York racketeers,. Judgo Orain, District Attorney, who has formed a Committee of Public Safety to stamp out the evil. Astou led by the extent of the exactions, Judge Crain said, "It would appear that those racketeers have a hand in overything from the cradle to the grave, from babies' milk to funeral conches":

The milk levy by racketeers is common knowledge, but one com plaint made to the District-Attornoy the impress that in certain parts of the city Fion became general that prices were no funeral coach bound for a come rising it would be a very great tery is free from tribute to the raoketeers. The undertaker must pay or have his conches damaged.

Landries pay these bloodsuckers at least £200,000 yearly, those re. luctant to pay finding garments ruined by acids or out to ribbona Judgo Crain estimated that gang store draw an annual revenue of £1,000,000 by levying three-half- pence per hundredweight on freight delivered to the city by sea or rail

"If we could all meet here twelve months from tonight. I be lieve we should find that trado had taken the turn

Enterprise Hooded. Our industries were living too much upon tradition, were not ap plying themselves to now methods, and were not alive to changed con- ditions

The working man probably bought 50 things against 10 or 20 in past years, and if he was to be able to demand this variety of articles they must be cheaper. Foreign manu- facturers had grasped that fact sooner than manufacturers in this country....

"Another reason, evidence of which comes to Government depart nients every day, is that there is a lack of enterprise on the part of British manufacturers in pushing their goods in foreign markets.

"Every one of our Tende Com- missioners is constantly complain-

road.

New York's biggest mer chants wore paying tribute, fearing violence if they exposed the racketa "Another complaint revealed that players in New York orchestras, at cabarets, theatres-and dance halls, must pay four abllings nightly to racketeers under threat of being clubbed or having their instruments destroyed. The gangsters levy a £3 fee for protecting miniature golf courses.

SHOWING THE . FLAG.

WARSHIPS FOR US. AND WEST INDIES.

FASTEST FIGHTERS IN THE-

WORLD.

Botween 225 and 250. neroplanes, costing considerably more than £500,000, have been ordered by the Royal Air Force from the Hawker Engineering Company","

The machines ordered' number of Hawker

which fdetcal

aro considered to bo fighting planes in the world.

A single-seater machine, it is cap able of a speed of more than 200 miles an hour, and this great speed, combined with its rapid rate of climb, makes it valuable as an intercepter of bombors

It was afliainly judged the fastest fighting aeroplane in the world in the Air Ministry competi tion for Service machines this year.

It is understood that the bulk of the order will be delivered dur ing 1031, but only a few extra men will be employed as the factory is equipped to cope with the work..

A feature of the aeroplanes is their simplicity. The design is such that in a time of national need, a manufacturer of bicycles would be able to turn his plant to their mani- facture.

ALONE ON HOUSEBOAT FOR 12 YEARS.

WATCHMAN WHO DIED IN DYKE.

Tiin tragic story of an old man's. solitary existence was told ant an inqueat at Canvey Island recently on John Prow, aged 80, who was found dead in a dyko in a lonely part of the island,

it was stated, he had been watch For the greater, part of his life, man on a gunpowder hulk

Since his retirement 12 years ago

ing to the Government of this It is announced by the Admiralty lack of enterprise on the part of that when the Atlantic Fleet leaves British merchants and manufac-for its spring cruise' on January 8 tures,"

In detachment will visit. number of Many of our large industries islands in the West Indies, include had lived alone on a houseboat. needed entire gutting and re-equip-ing Jamaica, Barbadoos, Trinidad ping with the latest machinery..

Vast India Market.

and Demerara, British Guiana

The detachment will consist of the battleships Nelson and Rodney, the Cruisers Hawkins, York, Dorset- He was certain the volume of hire and Norfolk, and the mine- Britain's trade would increase. layer Adventure. World trade was still in its infaney. At least two-thirds of the popula-the flagship Nelson, will visit the Admiral Sir Michael Hodges, in tion of the world had still a low Commander-in-Chief of the United standard of living, and as they pro-States Flect at Colon, Panama, greased their demands for many during January 23-28. factures from other countries would increase.

The Government was anxious to develop trade with the Doninions, but an increase of one pound per head with the Dominions would not Amount to more than twenty mil lion pounds a year.

But an increase of a farthing a day a head of our trade with India would amount to 00 million pounds a year. Therefore he did not despair.

Referring to the capture by the United States of 90 per cent. of the motor trade in the Dominions, Mr. Snowden said he risked the Dominion Premiers if the. British horse power tax had anything to do with the matter.

The remaining units of the Atlan- tie Fleet will proceed to Gibraltar, and, on the return of the vessels from the West Indies, the combined Mediterranean and Atlantic Flecta will carry out their usual exercises.

THE CRUELTY OF WOMEN

AND MAN'S ART AND POETRY.

That men have the artistic quali- ties, while women have all the prac- tical qualities, was the opinion ex- pressed by Dr. Alington, hent master of Eton, speaking at the speech day of St. Monica's Girls' School, Kingswood, Surrey, recent

·ly..

“Without exention they said Women went about pretending that had nothing at all to do with they were artistic, which was quite it. They could easily adapt them- | untruo, Dr. Alington added, selves to the lower power British Thero

not many grent

were

car. The reason was the lack of femining poeta or artists, and as for service, and the greater enterprise | feminine musiclaus, they spent their of the American motor-car mann-time playing the things composed facturers.'

for them by men.

Cheap Money...

It would not distross him to be governed by women, for women did There could be no revival unless most of the practical work in this. there could be an assurance that we country by the running of countless were going to have cheaper money-homes far better than the various not only cheap short term money, classes, of Government. but cheap long term interest rates Also,

Wonen, too, had far more phy sical courage. There was no ques. tion that women were the stronger

He thought that the tendency was now permanent towards a reduction sex in the sense of bearing pain, in the price of long term borrow-and the more cruel in their rondi

ing, and if that went on the ness to give it.

Government might some time--he

spoke with great reserve upon this matter, because he found that ob- sory&tions he had made at the fan-

SWEEPSTAKE FORTUNES.

4

"I couldn't start a new life at my age," he told a woman who drew his old age pension for him,

Bayers

$1,750

$115

SHAREBROKERS.. ASSOCIATION.

HONG KONG STOCK EXCHANGE.

Somal

TUESDAY DEC. 30.

Buyers Bellara Baloo Monica?

Banks

1,7571

£106

H.K. Banks $1,750

Do. (London)

1,7571

217

Chartered Banks...

2x7

Morcantile Bks. "A"

£12)

37

Do.

O

EIN £27 £12).

HTT

$3.20 $9,30 T.100

5460

81731

$21

$30

$325

*****

Bank of East Asia

Insurances

$1,290. Canton Insuranons.. $1,230)

Underwriters

D

FOREIGN MAILS

·GENERAL HOLIDAY,

On Thursday, the 1st January, 1131, the General Post Office and Erati b Post Offices will be open from 8 am to 9am ACHA MA

There wil be one collection from the pillar bazes and one delivery of ordinary corresp^ndenco'ns on Bundays and one delivery of registered our- respondence at 9 am, here

The Money Order Offlso will be entirely closed,

RADIO NOTICE.

Christmas and New Year Greetings are now nocep'ed by Government: Radio Offles for transmission via Radio. Full par.ioulars on application,

It is notified for information that local Tourrency retos for Radio telegrams will be increased with effect from 20th instant.

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

INWARD MAILS."'"

$3.20

North Chinns...

www

Union Insuranom .........

$5208525

M.850 Yangtaze Insurances

T160

$00

***

China Fires.

8400

$1,316) H.H. Fires.

$1,925

Shipping

FROM

JAVA and MAKITA' '.....”

PIB

$281.

Douglases

$301 Steamboats

TOON

$30

$40

Indos (pro)

$40

Amor and SWATOW ...

EUROPE via Buke (Letters and papers,

Tyikembang Oremer Maurice Long

$24

Do. (def.)

$25

79/6

Shell Transports

London, 4th Deo, and Parcels, 27th Novembor)

Comorin

-

Bist Dea. Slab Doo. Bis Doo

1st Jan, 1931

83/9

Jaras and branGHAT

Ranchi

#39

LONDON. Parcela (20th Nov.) and Briarta.

Helonus

2nd Jan, 2nd Jan,

Mining

Ausrawa and Mamita!

Nellore.

8rd Jan.

JAPAN

Brisbane Mans

4th Jan.

$11.10 Banquets..

10+

· Kidderpore

6th Jan,

28/0

Keilansare

07/

Tel

Langkate (comb.)...

T14:40.

Do. (single)...

37.40

U.B.A., CANADA, Jaran and BuanguAI ** (Bonitic, 13th Decomber} · ·

Jaran nud suanQUAT STRATTO

Fr. Madison Sphing Yasukuni Marui

Bla Dec.

6th Jan,

8th Jan.

Explorations... T

Shanghai Loans ...

TO

Rauba TAIKAT

$33)

Tronoh Minos

14/

Docks, Wharves,

CANADA, U.8.&., HONOLULU, JAPAN and)

HANDWAS VADOCHVor, 1.0. Sith Doc. U.S.A., HONOLULU, JAPAN and SHANGHAI Į

(San Francisco, 12th December)

... Pres. Harrison U.S.A, HONOLULU, Jaran and SIANG

mai (18an Francisco, 18th December) }[ Pros. Piares

Amp, of Japan

ཚ

9th Jan,

10th Jan,

19th Jan,

1!!!

MILPAI

Water-boats Time

Godowns, ete.

H.K, & K. Wharfs

· Da.

(now).

$173

Providenta (old)... $5.25

H.K. Dooke

South China Motors..

Shanghai Docks

$2.55

Tik

W

OUTWARD MAILS,

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.9ʻa.m. register op and parcel mails are closed at 5p.m. on the previous day.

For

PEE

DATE and Tr

810

7.114

17.10 New Engineerings

T.284 Hongkows

Lands, Hotels, and

-Buildings

883

$12) $12.86 $127 8641

ILK. & S. Hotels....

Hoihow and Haiphong

8844

ELK. Landa (old)... $12.40 $12.65 19.46.60

Saigon...

Do, (now) A 384

844/4

Do (new) B153

$881

Manila Coba

T.822 39.21

Shanghai Lands ...

Shangha

$9,80

H.K. toaltys. 891

887

Japan, Honolula, USA Canada Central, and Fouth

America and EUROPE via Ban Zatruto Maru Francisco-dua Han Francisco, 2nd

Wodnoeday

New Mathilda Folikon... Melville Dallar

Jason

31st, 8.30A 5.00 8:30 K

5,00 P

Beg

5.00.PW

Let. Ist Jan, 1981.

8.30 à

JAN., 1931.

to assist in the search for his $17.65

A son said he went to the island father, who disappeared on Novem ber 99. The body was not found until last month,⠀ ***

There was over £10 in the dead

man's pockets, the son adding that T11.90] his father was moderately well off.

Prow died from a ruptured ven tricle of the heart, possibly 'caused by his struggles to clamber out of the dyke. A verdict in accordance with the medical evidence was re- corded.

EXCHANGE RATES.

[DRITISH WIRELESS SERVICE}·

Paris New York Brussels Genova

19/.

Humphreya....... 517,65)

Chinese Estates

Gotton Afifis

THUTH

$82

Thursday, lat,..

8.39

8.391M

9.00 A M

8.00 AX

Friday, 2nd,

Parcels 11.00 x Beg. 12.45

| Laiters 1.80 TM

2.00 TM

9.50 r

B00... Kowloon P. 0... Parcels 4,50 PM

Beg, Brd, 9.00AM

Letters 1000 M Q.P.O. Par, Sad, 6.00 Beg, 3rd, 9.45 AM ||Løltern" 10,30 AM

Saturday Brd, 10.00 À

Jan., 1931 and *FUROPE via Hiberia

$11.80

T.110

T.

T.91

Zoong Sings

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

Holhow, Pakhoi and Haiphong T.77) | Swatow, *Amoy And Formosa

Limehow

Tel

AMOR

Straits

Voli Maru Taiyuan Cromer

Public Utilities

$18

Tramways.

$18

814

Peak Trame (old)....

$14)

BU

Manila, Habaul, Australia and New Zos-1

land via Brisbane--dus Brisbane, 19th Jan. 1931

St. Albans

Do. (now)...

8043

Star Ferrics

$941

Bwatow, Amoy and Fooskow

Hai Ning

C. Lights,

$25

$89

HK. Electrica

882

Shanghai, Japan and "EUROPE via Siberis: Comorin Bhangbai

Terang

$23

$13

$23

RUGBY, Dec. 29.

123.00

Biraite Ceylon, India, Mauritius, East and South Africa, Aden, Egypt and EUROPE via Marseilles--due Mari seilles, 80th January, 1981

Kanchi

4.85 13/18

34.74

25.02

Amsterdam

12.05

92.75

20.30

Stockholm

18.111

Sandakan

Manila, Australia and Now Zealand via Dr. Brisbane--das Brisbane, 18th --Jún,

$3.80

Copenhagen

18.10

$17)

Osla

18.15)

$125

34.47)

1631

$11,35

1931

#97

43.03

108.29

378

Bucharest can

618

Rio

4 19/39

Buenos Aires

357 35)

$25

$23-

Amusementa

Bombay

Shanghai

Holiday 1/54

DI

$191

$4.30

2214 Chin: Entertainm'te. $18) Constructions...

Binaang

Brisbane Mara

¡Parcole・・ 4.00'

Beg, Lotteri

Band

4.35 x ►

5.00 M

Canton Maru. Kianges

1,00 Á m2 0.00 AM

Kwangiung Hydrangst

Monday, 5th,

Tusaday 6th.

10,30 AM

2307K

Haishing...

1.00 **

Kowloon P..

Reg.

1.00? W

$12)

$4.60

***

doe

1/18

$3.70 Lace Crawfords ***

$3.70

2/0 17/32

$19

Mackintoshsafida

14

140/18

$18

$13

$18.50

$19.40

Manila

Achilles

Free Madison

***

144

: 70%

7%

Milan Berlin

Vienna Prague Helsingfors

Madrid Lisbon Athen

Montevideo in

Hong Kong

Yokohama

Silver (spot) Silver (forward)

EXCHANGE.

CLOSING QUOTATIONS.

December 30, 1983

Telegraphic Transfer..... 1/}} Bank Bille, on demand 1/18 Bank Bijls, 4 months

sight I DEN JOURN in Credita, 1942 months".

· sight 'mimimisme" 1/2 1/18 Documents, 4 months'

aion House a few weeks ago

had creations that they might endeavour LUCKY WIDOW AND BARMEN. ON LONDON F ats early date to carry out a

The prices in the Irish Hospitals large scale conversion of that tor- rible incubus, the two thousand Sweepstake decided by the Manches- millions of per cent, war stooker November Handicap last month therefore, he would say no more mean that fortunes go to a civil than this, that effort would be made ervant, two barmen, a patrol pump when in their opinion the time was attendant and a widowed hotel pro- Inyourable for it

prietress: Mr. Snowden said the Govern- ticket for Glorious Devon, Lord There were three holders of the mont was "in very vigorous health' Glancly's horse, which won the race, and all the signs pointed to a very and thus brought £204,764 to these long time before the interview took ticketholders place between himself and his

BUCCESEOT..

TRANS-ATLANTIC

TELEPHONE SERVICE,

CANADA, AND MEXICO NOW OPEN

BRITISH WIRELESS SERVICE].

Roomy, Dec. 20. The Postmaster General ao nounes that. from January 1, calls will be accepted in the trans-Atlan tia telephone service for all parte of Canada and Mexico, inafond Ur

1.98$

Macao do.

Sandakan Lights.

535 Telephones (fully pd.) Do. (part pd.)

T10.50 China Buses.

7/10

Tractions Ar

Do (prel).....

Industriais

T.10 Caldbook, Lord.)

TI0.40 Macgregore }(prof.)

Canton Icoa

Coments (comb.)... $177

Do (old)...

$5.30 Do.

(now)...] Rope............... 311,40 $0.80 China Bugars...................

Malabon Bugars

Miscellaneou

Dairy Farms (old) 525$

(now) $331

Der A. Wingate

Do.

巴需

#

$3.80

- 1931

13

મ

$11.45

iwalow, Amoy and Formosa

Bangkok via Bwatow ...

1231

Hoihow and Bangkok

Bratow...

Bwatow, Amoy and Fooshaw

Nanyang Tobacco... $31 Sincera manu ・Watsons

$2.65 WILL Towells

promo%

B. Ind. G.. Bonds...

*

B.K. Govt, Loans ... $108

LODAL AND REGULAR OUTWARD MAILS.^

FROK

Balgon, "Straita, Gy'on, India, Mauri-j

tine, E. and B. Africa, Aden, Egypt || Sphine and EUBOPB vis Marseille Marsailles 6th Feb,

Straits Egypt and *EUROPE via Marį

sailles-idus Murzeilles, 6th Feb,

Shanghai, Japan, Canada, U.8.A., C. and)

B. Americs and *EUROPE vis Van-Erip, of Russia couver, B.C.--due Vancouver, B.C, 24th Jan., 1931 and *EUROPE via Siberia....

| Letters: 1.00, M

VAN. G.R.O.

Bog. 1.45 M Lettera ·2.30

2.00 4.8011

Parcels 5.00 PM

Wednesday 7th

·

Reg.

Letters 10,00 A MỤ

Saturday, 10th,

Fmp, of Japan

3.30 PM

WEEK DAYS.

SUNDAYS & HOLIDAYB Manila",

μου

FBOX

FROM G.P.O.

SHEUNG WAN BRANON P.0.

FROM SHEUNGWAN. G.P.O. BLANCH

P.O

67.15 am. 3] ̄† 7,80.1,0. £0.00 pm. 17.00 pm:

*sight.

•JA 8/16.

Cant

ON

PARIN :— MADAGA

Bank Bills, on demand 00O

Credits, & months' sight' 780

ON

NEW YORK:

Winners of the chief prizes are as follows:

Bank Billa, on demand 47 1/16, Macao & Tripshan Credits, 60 days"ˆsight.: 281

(7.18 mm, k† 1.30 KL.

1.16 pat

| 250 Potti,

O

BOMBAY

£34,127 each. for Afr. F. G. Pres

Telegraphic" Transfer

cott, Department of Agricul- ture, Belfast; Mr. Frank Ward,

Bank, on demand

J

O

CALCUTTA :-

Kongméon (except Baturdays)| | 6.00.pm.

Keukong (ozoopt Saturdays)"

6,00 p.m.

*6.00 p.m.

'Bank, on 'demand

Fatahan (By Trafo),

ON SHANGHALAN

Tia, 77

„Tal O

Bank, at bight...................} #6% dia foxOHAMA :---

Taf Pobre

and in a Torney, both bar

men Belfast, 2102,382--the half-share in the

first prize ticket-n syndicats of || -London bookmakers, who bought

Telegraphic Transfor... 75t

it for £2,530,-*dan.... On demand moe (54) £81,003 for Mr. A. P. Dawe, ON MANILA-On demand... 841

petrol pump attendant at Van-O SINGAPOR

courar (Coligny II.).

Us demand P £40.938 for Mrs Solina Thomɲ- UN BATAVIA:-On demand..

son, a widow and hotel proprie: On HairHONG **** tress, of Worksop prize to be On demand

ON SAIGON:On demana 1601 shared.

the principal towns only, and will will be divided among runners

be available to the whole of the other than the first three. There North American Continent, includ-fore tickets which drew horses which ing Cuba

ran won £1,905.

On demanding. Soveemans, Bank's Buying

BAR SILVER; per on 14}

Cheungo

7.16 am.. 3.00 am (0,00am. & 8.00pm

9.00am

8.00 p

$300 pz..

$80 p

Saturdays 11.00 p.m. &

480p. 630

only

(7,16 a.m. d) (7.30 am, &

5.00 p.m.

7.00p (op, oply7.00 pm.

Sundays Sandays

[7.18 azi,&] [7,80 m 1.15 p. 1.30 p Bunday

Bandara 8,15.11. 8.30 6.2 only only. `6.00 pat”.

*6.00 pm.

0.00 p

7,16 mm,

8.30 m 100p.m

Superscribed correspondence only.

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 88.00 and we will send the Hongkong Weekly Press and China Overland Trade Report

to him

FOR SIX MONTHS

Office: 11, Ice House Street,

9,00 m

9.00 $0.

11.08.m.

$11,000

$ & 4.30 pra

Aberdeen Stanley

100 p.

Autan Pingshan, Bantin,

Sheangebui

Salkung

4.80

4.80 pun

Namtan, Bhekki #. Taiping

Fantin)