1932-06-10 — Page 12

12

"HONG KONG STOCK

MARKET.

YESTERDAY'S OFFICIAL

QUOTATIONS.

Quietness again pervaded the market, but here appeared to be to pressure to sell, though in a few instances prices gave way some- what.

Sales.

Bank of East Asia, $116. Rauhя, $364.

Hong Kong Lands, $78. Ewo Cottons, Tls. 14.99. Hong Kong Electrics, $74. Telephones (P.P.), 84. Wallace Harpers, $1.

Buyers.

Fanton Insurances, $1,200. China Fire Insurances, 8000.

Douglases, 8971.

K.K. and W. Docks, 918.

NEXT CHANGE

AT THE KING'S

More vital today then when its mighty drama ten- toided on the silent screen.

THE

MIRACLE

MAN

a Quranost Gian

BYLYIA

SIDNEY

CHESTER.

MORRIS

IRVING PICHIL JOHN WRAY ROBERT COOGAN HOBART BOWORTH

Hong Kong Lands, 8771. Hong Kong Realtion, $11.00. Star Ferrion, 8801. Macao Eloutrien, $24. Telephone (P.P.), 3231. Dairy Farms, $29.40. Sinotres, 810).

Constructions (Old), $5 Constructions (New) 81.00. Hong Kong Governments Loans

2 per cent pronium,

Sollers.

Hong Kong Bank, $1,510.

South China Motors "B," 12. Hotels (Onmi. Rights). $12,60. Hotels (Righta), $1.80. Hong Kong Realtios, $12. Hong Kong Electrics, 375, Canton lece, 86.40.

AFTERNOON SESSION. Some recovery in Realties took place in the afternoon, otherwise there was no change.

Salas,

Un Insurances, $143. Telephones (P.P.), $23.80/93.85. Buyers..

Union Insurances, &442). .. Hong Kong Realtion 811.80.

Sellers. Canton Icts, $0.30.

SHANGHAI SHARES.

LATEST CABLED QUOTATIONS.

Messrs, Carroll Bras, have receiv. ed the following latest eablod quo tations of Shanghai shares:--

114. China Finance Corp. $.5 International Investment

8.95 Trust Co. (Ord.)

11.00 Cathay Land

0.45

Yangtze Finance Co...

20.30

International Assurance Co. 4.4 China Real Co... 11.29 Shanghai Land Investment

Co. New Engineering and Ship

Building Works (Ord.) 0.00 Shanghai Dock and Engin

"eering, Co.

80.00

218.00

.30.25

Shanghai ati Hongkew

Wharf Co.

Shanghai Electric Construc

tion Co. "B"

Ewe Cotton Mills, Ltd.

14.40

Shanghai Cotton Manufue-

turing Co........

74.00

Zonnt Sing Cotton Mills,

Ltd.

10.25

American Asiatic Under

writers (Ord.)

27.00

American Oriental Finance

Corp, "

Asia Realty B. ...5

24.00 29.5

Gold Dollar Ronds

Eastern Engineering

AND

Commerce

A monthly journal dedicated to

industry and

the

the promotion of engineering

commerce in

countries of the Eastern Hemisphere.

SUBSCRIPTION

10s. 6d. per.

of

annum, post free, to all parts the world.

3

Editorial communications and matter for publication should be addressed to The Editor: 53, Fleet Street, London, E.C.4.

Correspondence pertaining to advertisements and all advertisement copy should be addressed to The Advertising manager—53, Fleet Street, London, E.C.4 or c/o The Hong Kong Daily

·Press, rr, Ice House Street, Hong Kong..

HONG KONG DAILY PRESS. FRIDAY, JUNE

CURRENCY" AND. TRADE:

VIEW OF LONDON CHAM. BER OF COMMERCE.

MONETARY SYSTEM

REFORM.

DAILY SHARE QUOTATIONS

LOCAL PRISONS OVERCROWDED.

10, 1932.

FLYING AS FAST AS SOUND.

HONG KONG STOCK EXCHANGE.

SHAREBROKERS' ASSOCIATION.

SOON TWELVE MILES A MINUTE.

Duyars

Ballar

Usin Hominal

THURSDAY, JUNE 9,

'Bayern

Bellars

- Bales

THE CASE OF JUVENILE OFFENDERS.

SUPERINTENDENT'S REPORT.

In the lifetime of those who at still young it is possible that flight

The report of the Superintendenta speed exceeding 200 m.ph. will be seen, nad heard. 1 will be at- lampled for resourch.

The number of prisoners received into prison during the year and tho corresponding number for 1980 were nd follows:

It will hardly be the speed of ori dinary air transport either for war or for peace for uales sono entire 1930.

ly new principle of aeroplane or 1.8,624 3,921 of power is discovered it will pro-

44bably be far too costly.

1031.

A plea for a change in the anor Prisons for the year 1931 states: ternational monetary system is gon tained in the annual report of the Loudon Chamber of Commerce.

A Special Committon of the Chamber has been examining "the means necessary to provide the cur rency required for the maintenance and development of British tride. while avoiding thoss evils which are invariably attendant upon in- flation and deflation-alike."

Expansion of currency," states the report

of this Committer, should take place pari pasan with increasing industrial and commer cial activity, and should not, as the tendency in with our existing ma chenory, find its first outlet na base for financial as distinct from industrial and commercial credit

Uniform Banking Practice, "It would greatly assist in hring ing about agreement among those nations willing to desperate with Great Britain," the Committee sart, if the same outcry system wern appled by all of thein. This does not mean a uniform eurrency. arely uniform banking, practice No monetary system which might be adopted by such a group as that envisaged could bo regarded as Antisfactory unless it fulfilled two requirements.

"Firstly, it should enable the cur- rency of each country to expand and contract automatically with the activity of business, and it should give to the consumer the fullest possible purchasing power,

"Secondly, it should tend to raise the standard of living of the least advanced country towards that of the most advanced.

Convicted by Ordinary"

Courts Debtors............

4:3

On remand or in do-

fault of tinding surety 708909

"Total.....6,493 0,707 Fifty-three buys were admitted as Jayoniles, ie., under sixteen years of agu, daring the year with en- teuces varying from ve duys deton- tion to twelve mouths' hard labour. Of this number twenty-threo only were treated as juvenile offentlers the others in the opinions of the Supermutandont and Medical Officer being over sixteen years of age. In shirps enses corporal punishment was awarded by courts in addition to sentences of imprisonment.

וי

Banka

B.K. Banks

Do. (London) **| Chartered Banks...

Boenter

$1,510

$1,510

£07

211

0124

217

Mercantilu Bk. "A"

£10

Do.

Bi

Bank of East Asin...

$110

N. O. & S. Barka

$7

205

Am. O. Fin, Corp:

$8

China Fin, Corp. Urti.

Do.

$4.00

Pref.

Insurances

$1,200

L4

Canton Lusuranc08 2.

$1,200

53.60

Underwriters

$435

3445

Union InsuranÇON ...

1800

Chine Fires

..

3615

31,195 H.K. FireN...

3.NO

91.180

34

International "Assco,.

Balpping

Douglato

127

£21

Steamboat was

21

$45

Indos (pref.)

132

Do. (def.) tran

31/0

Shellstrechy

Water-boata...

A calculation based on the pro 'gressive speeds of the past few years,

and the power needed for them, | $87) shows that from 5,000 h.p. to 6,000 h.p. would be necessary even in a small aircraft designed for the lengt possible air resistance-a machine, in short, like last year's Schneider Trophy winner.

1

Thus, from 1997 to 1920, for an additional 1,000 hp. the speed was increased only by 38 miles per hour, and in the next two years, for a further 700 hip. (making 2,600 lp., | the speed was put up only by $11

The percentage of evicted pri- soners hdmitted to prison with pre-miles per hour. vious convictions recorded against them was 21.8 as compared with 22.9 for 1930.

Strange Effects.

Retractable float or wheel ander carriages, and the use of a vari Victoria Gaol (Male Prison).

able-pitch propeller would help, a 11,929,770 forms were printed and great deal and no doubt even with issued to variona Government de: the existing apced-record type, with partments and 82,20 books bound these improvements is would be pos or repaired, as compared with sible to exceed 500 miles per hour. 14,001,835 forms and 77,701 booksBut that is far short of 120 miles 1930. During the year type to the per hour, which is about the speed

of sound. value of $9,000 was cast

Industries in the prison, be aides printing, included matmaking, tailoring, carpentering, tinsmithing, laundering, shoemaking, netmaking and basketmaking; and the neces- Bary upkeep work of cooking, clean- ing and minor building repairs. The new printing shop was opened in July and gave a much needed, but still insufficient, increase of Work- shep accommodation,

"In these days," it is.maintained "it ought to be possible to find some

The gaol was again overcrowded. means of settling international ob

Victoria Gaol (Female Prison). ligations other than by the convay

This prison was also again over- unce backwards and forwards acros the sea of barn of gold. While crowded. The new female prison at States set out to maintain meticu-Lai Chi Kok is however nearing lously fair weights and measures, completion and will be occupied be 571% the greatest measure of all the fore the summer of 1932.

value-fluctuates of measure widely as to cine far greater in justice between debtor and credi- tor than could concaivably be in- dicted by the most dishonest quant- ity measures in the world."

SU

The advent of tariffs, adds the report, advantageous though it is in the home market, can only as Dantuate the crisis on the Continent by depriving other countries of a market. Also, they must occasion a, demand for, for more credits from the banks.

During the year English and Chi- noge resident ladies continued to visit the prison to instruct the women in sewing, raffiawork, etc., and to give them elementary educa tion. The prisoners are attentive The and the results gratifying. visiting ladies' voluntary and will ing work is greatly appreciated by the administration.

Lai Chi Kok Prison.

1

$18

3774

!!!!!

*361

190

Mining

$16)

Bongues

317

32

Venetuok Gold Flis.

$1.65

$2,6

Kailana

1.4

Langkats (single).....!

T.4

T9.10 Exploration

Tai

7.2

|ex dir.|| 3354.

A

13.

T.8

Shanghai Lang

Iub

Trouch Mu

21 ois, Benguet Explorations

DOCKS, WALrven, Godowns, etc.

314.K. & K. Wharros,

Providenta (old). ...{

Do

Do.,

$1.43

66 80

$6.20

$2.30

(BW)

H.K. W. Dock's

318

$10

S. China Motors "A"

$12

"B*

T

Shangbai Docks...

71.6

New Engineerings

810 1.80 T.6

T21

BongkoWB: ********

Lands, Hotels, and Butidings

312.60

$1 80

H.K Hotels Bra

$12.40

Do.

Hights

$1,80

$78

$78.0

An approach to the speed of sound will be extraordinarily in teresting. It is known by experi ment that an airecrow with a top speed equal to that of sound loses $11.00 $12 officiency, and it may be, assumed that some strange effects will come when an aircraft is driven at that speed through the air.

Amazing phenomena will accom pany flight at such a speel. Every-/ one who hay seen a Schucider race; in fight has noticed that the ma- chine is always ahead of a sound. From a height of half a mile the sound has taken. 2 seconds to reach the ear, and in that time-the nero- plane has flown about a third of

a mile.

Now an aeroplane flying at more than 700 miles per hour at a height

of half a mile will be shout half

mile ahead of the sound which reaches the ear.

The Engine's Roar.

And if that aeroplane be flying low, and coming towards the obser ver, it will not be heard until it:

The sound is directly overhead. cannot get to the observar before the machine itself. And when the machine comes along at the speed of sound it will bring with it the ap roar of every second of its proaching fight, And not merely the rear of the engine as it passes, but an accumulation of sound will

Garden work continues to give useful employment. Other work "They must, in fact, it is de done at Lai Chi Kok, part from clared, "bring even

the the necessary Bearer

routine duties of time when this country will be oh cooking, cleaning, etc., included liged to face the question of restring and net making, basket and form of its monetary system in con- broom making and grass matmaking. junction with such other countries Coir matmaking was successfully na ure prepared to co-operate with introduced in 1930 and the bulk of it. This is the vital issue to which this work is now done at Lai Chi circumstances in. the next few | Kok.

Delivering that staggering blow, months will compel attention. It In both male prisona during the the aeroplane will sweep on, and cannot be much longer evaded, and early part of the year there was no other measure will prove a sub considerable discontent and insub-in two seconds will be half a mile stitute for it."

ordination much of which was attri- away. Then, if the observer

conscious, the roar of the engine bated to outside in Buence, the will come back to him diminuendo attitude of the prisoners in Vic with increasing distance. toria Gaol being reflected at Lai

UNEMPLOYED RIOT IN

HOLLAND

[THROUGH REUTER'S AGENCY.]

AMSTERDAM, June 8. ONE man was killed and ageore of others, including two police. men, were injured in A collision between police and unemployed near Gouda last night.

PASSENGERS.

Arrivals.

The following passengers arrived

by R.MS. Empress of Russia: Mr. and Mrs. P. 8. Graham, Mr. J. M. Andrew, Mr. H. Acton, Mr. M. H. Dodge, Mr. A. H. Ferguson, Miss G. Galo, Mr. L. E. Hadee, Mr. H. S. Janes, Mr. and Mrs. Lokan, Mr. Grant Mark, Mr. F. W. Sutterle, Lt. C. S. B. Turnbull, Mr. and Mrs. H. Chow, Mrs. Chen Aze, Mr. and Mrs, 8. P. Tung, Mr. W. T. Lum, Mr. F. Lee, Mr.

on the instant crash on to the bb. server's Bar, stunning, and maybe slaying him.

|T14.40)

H.K. Lands

TW 85 Suanghat Lapda

10

Metropolitan Lands..

H.K. Realties.

T11.40 China

1.964 Do. Debentuos

Asia Realties "Á” M

3100-Chineas Estates......

Po.

Cotton Mill

Ewos

7.75) Shui Cottons.....

.10 Zoong Sings |

Publia Utilise

$93. 5 Tramwaya --*********

91

Peak Teams (ok) ...

$11.6ut

Do.

$16.40 Humphreys (old)

3166

816.25

Lai

1261

"3"M

T.14

[T14,35]

T731 ¡T100

346

3156

J7)

Do. (new)...

$74

$80+

Star Ferries

133

Yaumati Berries(old)

1331

1412

Do. (now;

$33

$20.90 Chins Lighte (old)... $20.60 $2.85

SQU

Do.

(пет)...

$20 40

$7h

$718-

...

H.K. Electrics

5741974.85

194

Macao do.

$12

Bandakan Lights.

Do. (part pd.)

194

$23.80

$31

T.12

China Buses

21.

Tructions in

12/0

Do. (prof.)......

$21

Malabon sugas.

$22

T.14

Caldbeck,

(aid.)

1.1

Haogrogors pref.)

$6.40

Canton Ives ******

30,00

$13.10

Do.

$6

$1.

$13 Coments (comb.)... 318.10 818.35

Do. (DOW)... Ropes.......

(old)...

$131

E

814 $14.10

+

$38 Telephones (tally pd.)

$28.40

$1

08

$1.60

ex div. 363

$164

+

Like n bulleti The bulles which.. Chi Kok. There was, however, you unfortunately stop is the one marked improvement when better you do not hear. Those you hear facilities for supervision were pro-

ro harmless su far as you are vided by the new printing shop and concerned; but you never know whe general workshop, and at the end

ther the one you will never hear of the year discipline had been re-

may be on its way. stored to normal.

So that when really fast dying The conduct of the female pricomes it will have to be very high Honers was uniformly good.

The new dietary recommended by the Food Committee appointed in 1930 was approved and brought into force on May 19. The prison medical officers are of opinion that. the diets are entirely satisfactory. There have been no general_com- plaints from prisonere since the in- troduction of the new scales.

NEW P. & O. 'AND B.I. CHAIRMAN

fying.

THROUGH REUTER'S AGENCY.]

LONDON, June 8.

HON. A. SHAW SUCCEEDS THE Dulwich by-election, due to

LORD INCHCAPE

the death of the Conservative,

Lt. Col. Sir Frederick Hall, re-

Hulted as follows:-

**

Tadastrials

***

322

313

$1.65

Constructions, (old)

$5

Do.

(hav]

Mackinwalserted

Nanyang Tobacco.... $6

Aincorda

Sloth Agricultures

Miscellaneotka

Dairy Farm

Der A. Wings

$92, Amusemente (old)

$142 Ch. E'tainments (old)

$13 9146

**

Lane Crawfords(old) 240 (8x div.

Watsons (old)

Do. (now)....

Wm. Fowellsún

M. Greyhounds

C, Enterprison.

United Theatro

B. I. G. Bonds...

H.K. Gort, Loans...

Wallace Harper.............

$3.36

$10

10

T.4

60%

preru:

...

3121

HI

$10

China Sports Ltd....

LOCAJ, AND REGULAR OUTWARD MAILS,

$16.80

$149

$14 $3.39

8047%.

$10%

1.00 p

( ́8,15 km.. #|| [8,90 13, &

1.15 p. Sundays 8,157. unly

1,80 pan, Bunday... 8.40.0.31

BY-ELECTION IN DULWICH

WEEK DAYS.

SUNDAYS & HOLIDAYS

CONSERVATIVES RETAIN SEAT

FOR

FROM G.2.0.

FROM CHZUNGWAN BRANCH P.O.

FROM G.P,Q.

FROM (SEBUNGWAN BRANCH 20.

Canton.... Samebni and Wuchow (By?

direct steamor)

(7.15 am, & ( 7,00 am, 10.00 ..

4.00p.m.

17.00 p.m.

4.00 pita

(7.15 am. & 1 7,00 am, &

5.00 p.m.

{7.00 p.m.

31

9.00

**

Macao & Tunaban

Mr. Bracawall Smith

(Conservative)

19,342

K.

(THROUGH REUTER'S AGENCY.]

M T. Cooke Taylor

(Liberal)

3,099

M

Helen-Bentwich

LONDON, June 8,

(Labour)

3,005

Conservative

majority... 8,344

GENERAL DAWES

Kongmoon (except Saturdays)

Kaskong (eroept Saturdays),} Fatehan and Wadow (By)

Train) Tal O Tal Po

Shamchun

Chenngahow

Pan

(7.15 am, & 7.85. {1.25 p

K00

{1.80 p.m.

6,00 p.: 6,06 p.

5.00 p.m.

Lonly

8,00 p..

6,00 p.m.

7.10.-

"T15 ́auth.""

-

Y

1,00 pm,

11,00

(9,00 m,&

0.00 BX

கூரம்

$2.00 p.m.

70.00 L., &

11,00

***

9,00 p.m.

11.00 .00

(11.00

***

&5.00 pm.

8.00

Aberdeen Stanley Autnu

A100

10

8.80 д..

Fingshan, Santin

Shatseker and Shemag

Balkung..

Slatin.

8.90 pitch

8.30 $3,

10.30

4.30 pm.

10.30a.m.

-7.00pm,

Mr. S. T.. Ma, Mr. Wong,

Mr. J. D. Y. Yuen, Rov. and Mrs

B. S, Stoffer, Masters R. R. and

T. F. Stoffer, Miss V. Morozaif, Mr.THE Hon. Alexander Shaw has

C. C. Schneider, Mr. F. Unger, been appointed Chairman and

Mrs. D. Strzeszek, Mr. F. Chan, Mr. Chan Heo Ting, Mr. T. Y Chow. Mr. and Mrs. L. C. Ho, Mr. Ho Wai Ming Mr. T. D. Lung, Mr. N. T. Lao, Mr. Lan Too, Mr. W. P. Woo.

The following passengers arrived

Managing Director of the P. and

O. British India Companies in succession to Lord Inchcaps.

The Hon. Alexander Shaw is a Director of the Bank of England, and prior to his present appoint ment was a Director and Deputy"

Director of the

[REUTER'A AMERICAN SERVICE.]

by the a.a. Haruna Maru:-Mr. C. Chairman of the P. & O. Steam

NEW YOTE, uJnė D.. Abbafoonge, Mr. J. Barber, Mr. C.Navigation Co., and the British C. Bhakdt, Mr. and Mrs. R. Brad-Indian Steam Navigation Co. GENERAL Dawes will be engaged

He is also

in working out the rehabilita lell, Mr. G. Bridgman, Mr. P. P. Gupta, Mr. J. Henry, Mr. A. United Kingdom Provident Instition of the Insull enterprises, for M. Hayman, Mr. L. Howard, Mr.tution, and President of the Cham-which receivers were repointed last 8. Hoteedt, Mr. C. O. Johannes,ber of Shipping of the United month, according to the New York at Sekki & Taiping

Times. Mr. C. B. Sargent.

Kingdom.

/Pants) ==

8,00 p..

·8,00 m

12.30 pm.