1932-10-20 — Page 4

DAILY SHARE QUOTATIONS.

HONG KONG STOCK

EXCHANGE.

Hayem Ballers

SHAREBROKERS ASSOCIATION.

Nomina

WEDNESDAY,{ OCT. 19.

Buyer

Balları

Banks

$1,076

£110

H.K. Banks

***** $1,605 Do. (London) ... 2141 Chartered Banka ...

222

Mercantile Bks. "A"

Do.

Bank of East Adin..

0"

Instance

$1,375 Canton Insurances...

$109

N. O. & S. Backs

$28

Am. O. Fin. Corp: Mi

18

China Fiu. Corp. Ord.

$4,50

Do.

Pref.

Underwriters

29.80 $800

3820

$1,900 H.K. Fires.........

...........

$2.00 Union Insurancos... $500 China Firos

$875

$4,15

Shipping

Douglaser st

#93)

345

indos (prof.)

$32

Do.

Idol.?

***

laternational Asses..

Steambouts

་་་བ་་་་་་་་་་

3201

$215

Sholla

Water-bosta

3183 Benga

Mining

33.40 Venezuela Gold Fide.| $3,28

25/ Kailana

7.4 Langhals (single)...

T2.10 Exploration..........

$10

ota

Raubs

Trouok Mine

Benguat Explorations

Docks, WharveS,

$145 $4.00

$12.80 $11.30 $11

$753

T2.30 Shanghai Loans

**

ber

Bale Nominal

#141

Lo

109

***

$1,410

HONG KONG DAILY PRESS,

THURSDAY, OCTOBER 20, 1932.

Money and Markets

(Continued from Page 3.)

NORTH BORNEO CHAMBER OF COMMERCE

HOW THE COLONY HAS FACED THE SLUMP

POSITION OF THE RUBBER INDUSTRY

The Twenty-second Annual Gen- is the fact that recruitment of eral Meeting of the North Borneo labour from Java for logging con- $1,800 Chamber of Commerce was held in corns is not permitted-but it is the Sandakan Club on Saturday, probably just that labour which October 1. The following were will be most sought after by the present:-The Hon. Mr. F. Wpinnting industry. The subject is Pinnock (Chairman). Harrisons & still under careful consideration, Crowfield (Borneo), Limited; Mr. for it is realised what an import- D. Grahan, Marudu Rubber, Etdiant integral part of our livelihood, Mr. Soh Siow Bob, Tong Whatt & is dependent upon équitable condi Ca; Mr. Ooh Teck Soon, Yong tions governing

1944 198

80% 14/.

Fac

$18

24

Soon

型动

T.I

1401

16,8

& Co. Mr. S. D. Key, British Borneo. Timber Co., Ltd.;

Mr. J. K. S. Malcolm, Bakau & Kenya Extract Co., Ltd.; Mr. A. | McKendrick, . Mr. J. Mitchell, Straita Steamship Co., Ltd.: Mr. A.. E. Phillips, North $2.20 Trading Co., Ltd. Dr.

Godowns, sto.

H.X. & K. WharvON,

$148

Provideatz (old)... $4.00

15

$2.39

126

II.K. & W. Books

Do. (new)...

310

S. China Motor • A

18

Do.

11.201₤30

"גיי

T.90 | Shanghai Docks ...

To

Now Engineering

Tvas Hongkowa ........................

Landë, Hotels, andị Balldings

226

$10

$10

T.90

H.K. Hotels (old) $12.15 $13.20 1205/30

Ewos

Do. "B" BI

Borgeo

V. A.

i

Д

quate labour supply,

free and ade.

Another important subject shout which we made representations to Government was that of Quit Rates. Our Rents and Road efforts have nat borne fruit but we must realise the State cannot

Stookes, Mr. H. J. Walker, Sauda-function without a sufficient r

kan Estates, Ltd.

The Chairman, the Hon. Mr. F. W. Pinnock, said:-

venue to cater for public service, - Now that the F.M.S. Govern- ment has taken definito action to- warda relief to landowners, we are in hopes that consideration along similar linrs may yet be afforded in North Borneo, for the heavy urden of taxation constitutes -n handicap against industrial enter- prise.

They are the principal items of what I may term our domestic concern-but in various other ways we were able to promote the inter- ests and welfare of our constitu-

Gentlemen,The past year has brought difficulties galore to every one, no matter what their walk in life, and, in common with the rest of the world, North Borneo has fell severely the effects of the Particularly severe has slump. been

the agricultural depression and one can but admire the efforts made by planters to weather the storm. They have been called upon to make heavy sacrifice-and let it be said they have nolly responded,

It is customary for the Clair- and I trust it is not too much to man at our Annual General Meet- si hope that the future will amply ings to make some, reference to reward the toils and the worries trade in general affecting the being endured for the present. prosperity of this country. Unless The planters are certainly deservI am to regalo you with a doleful ing of that much.

tale there is left little else for me

L

Do.

(new) 611.15

176

HI.K. Lands

$76

T.24

Shanghai Lands

T.10

Metropolitan Lands.,

$9,85

H.K. Roalties......... 30.85

$0.90

Tri.40 China Do

1.064

Do. Debontu.es

$16

Humphrey ...........

$138

$140

Asia Rossties "A"M]

128

$100

Chinese Estates.......

Cotton Mil

T14.80 7172

14.50% 80

T14.80 T.15 14.90/190

S'hai Cotton....................) 44,78

www

Zooug Bings

***

$140.

Wing On Textilof.)

T101 $148

Pubilo Uunities

141.70 $42

321,50

Tramways ............ 4211

$22

$15

Punk Trame (old)..

Do. (now)...

801

Star Ferries

Yaumati Furries (old)

#341

Do. (LOW)

$17.60

$76

$176

***

$17.20

Do. (now)...!

147

II.K. Electrics...)

8241

812

China Lights (old).....) $17%

Масло до

Sandakan Lights ........

$28 Tolephones (old)

13.

(now).

Chiny Buses

Стассісця, оны

Do. (prof.)..

Industrials

$27) Malabon Sugera

26.65

$27

T.10

1

2.

14/.

or dir

$71

1911 $35

$17.40

$17

$70

Caments (comb.)... 314.29 $14.40 $14,15

1271

$21

$3 $13)

T.14

Caldbeck,

(orda

T.

Macgregors prof.)

36

Canton Ives ...... $34

$14,40||$14.40| 14.35/40

$11

Do. (old)...

$32

Do. (now)...

$134

Rope

310

h: Agricultures

Miscellaneous

$271

Dairy Farma...car

927

$1

Der A Wings.....

$17

Amuserunta

$18

$13

Ch. Etuinments..

Constructions, (old) | 33,40

$145

Do. (now)}

31.45

20.49)

Lane Crawfords....

Bat

821

Mackintosha

Nanyang Tobacco... 14)

Stuceron

$10.00

$13 312 $2.80

$10.40

3121

[51.80]

| $3 36

***

$10

33

T.B

69*%

prem. 41%

8235

Watsons (ok).

Do. (NOW).......

Wm. Powells

M. Greyhounds......

4. C. Enterprises...

United Theatres....... B. Ind. G. Bonds... R.K. Gort Loan... Wallace Harper China Sporis Ltd... H.K. Wing On ...... 5'bai Do.

3236

**** $215

LOCAL, AND REGULAR OUTWARD MAILS.

Canton

66% $104

SUNDAYS & FOLIDAYS

Евом

ents.

As is usual, your Committee has to say. I can, however, with ad- dealt with a variety of questions vantage perhaps refer to the prim- during the year-and is always ary statistics of the State from anxious to render every reasonable which you can better draw your assistance in the day to day prob- own conclusions. lems that confront industry.

Wages Rates.

Agriculture.

The area under major agricul tural crops was 245,220 acres at the

HONG KONG STOCK MARKET.

YESTERDAY'S OFFICIAL

QUOTATIONS

The outstanding feature of the market yesterday was the concen- trated demand for Cemonts' and' Lights, both of which commanded most attention, and hid up to $14.60 and 8173, respectively.

The rest of the list was quiet.

Balos.

Hotels (Old), B12.20/1230, Ewo Cottons, Tis. 14.90 14.80, Hong Kong Trains, 821.50. China Lights (Old), 8i7), Telephones (New), $27. Cements (Combined), $14,30/14.40. S. C. Enterprises, 67,

Buyers.

Hong Kong Hanks, 81,676. ', Union Insurances, 8505. China Underwriters, 2.85. International Assee, Tls. 4.15. Union Waterboats, $201. H.K. & K. Wharvės, 8143). Providents (Old), 94.90. Hotels (Old), $12.20. Hotels (New). $11.30. Hong Kong Lands, 8734. Ewa Cottons, Tis, 14.80. Shanghai Cottons, Tis. 72. Hong Kong Trams, 821.70. Yaumati Terries (Old), $35. China Lights (Old), $17.00. H.K. Electrics, BỶB. Telephones (New), $28.65. Cements (Combined), 814.40. Dairy Farms, 8271. Binceres, $15.40. Wing On (H. K.), 9235. 9. C. Enterprises, 83, United Theatres, Tis. 51.

Bailara

Providente (Old), $5. Hotals (New), $11. Hong Kong Trams, 892. China Lights (Now), $17.20. Cements (Combined), $14.60. Watsons (Old), 812). . Wallace Harpers, 811.

REPORT ON U.S. COTTON

CONSUMPTION

Washington, Oct. 14.-The census bureau report on September U.S. cotton consumption, showed a total demand of 401,055, bales, the lar geat consumption since April, 1931,

discussed and, I venture to think. end of 1931, of which 117,800 acres when the figure was 500,601.

The question of wages rates was

some good came from these discus sions along the lines of uniformity

in wages and the elimination of, or at any rate a substantial reduc tion in, advances and bonuses paid to labourers. The whole question of advances is periicious, it is troublesome and expensive to em ployers, and not of benefit to em-

ployees. It may not be out of place if a warning is sounded now that, more recently, the crils of this system have again, made their reappearance. I think that is to be deprecated and, if employers could only be induced to pull to gether upon this question, then I 'think it would be to their own

advantage.

The whole labour question bristles with much difficulty and, as econ- omic conditions" improve,, it may be anticipated these difficulties will bosomo accentuated. Unless reason can be brought to bear upon an admittedly perplexing situation, (7,18 am, & 17.00 2. & there is bound to be an unscrupu 14.00 p

17.00 pan

$.00 pri

9.00 .m.

(8.15 am, đ). (8,80 km, &

WEEK DAYS.

FOL

FROM 0.1.0.

From BHEUNGWAN BRANOH P.0,

FROM G.P.O.

ÜHLUNGWAN BRANUN P.O.

(7.15 am. & § 7.00 xm. 16.00 p.in.

17.00 p..

4.00 p.

Bambuí and Wacher (By 4.00 p.m.

direct steamor)

**

Macao & Trinahan *L

ƒ 7.15 mm, A} § 7.30 2.0.

12.80 Pitt

£1.00 p.ro.

$1.15 p

Bundays 8.150. only 6.00p.m.

harf (3,15 patte

Xongmoon (except Saturdays) Kantong (erdept Saturdays), Fatahan and Wachow (By)

Train)

TWO

Tui Po

Bhumohua

Cheungohow

Aberdeen,

Banioy

6.00p.m.

7.15 am,"

.....

1.00 p.m.

| 8,00 im, &)

8,00 m 179,00 à‚m, &Î ( 8:00 pm)

(1.00 pm, &

14.00 pm

12.30.p.20. 9.20.m.

6,00 p.m

7.15 am.

11.00,

9.00 .m

100m (11.00 10.

& 6.00 pm.

6,00 11.00

8,00 am.

Elagaban Santia

Bhatankok and Sheung

3.00 pin

Balkong...

480p.m

8.80 1.7,

10.80

10,90...

Hamtan, Brekkt, & Taiping 1]

7.00 Fi

Family)

1,80 m, Bandays 8,30 only 8.00 pa 6.00- Than

7,00p.m

lous scramble for labour,

A Cess. Scheme 7

was rubber. There was an increase of 8,777 seres of rubber and 4,619 coconut plantings. Rice cultivation during the last calendar year do creased by 10,438 aures..

AMERICAN ORIENTAL FINANCE CORPORATION through its Agent

Asia Lands Limited

Gloucester. Building offers s COMPLETE BROKERAGE

SERVICE

in

NEW YORK STOCKS

Fall and Odd Lots of listed Securities bought and sold for oseh or carried on conservativa margin.

Phone 28380. Cable: ABIALANDS

HAMBURG ALERIKA LINIE.

NOTICE TÓ CONSIGNEES

BE Motor Ship

· KULMEELAND”

baring arrived, Consigness of Cargo are hereby notified that their Goods are being landed and placed at their risk in the Hong Kong and Kowloon Wharf and Godown Company's godowns at Kowloon, whore Delivery can be obtained as the Goods are landed.

Optional Cargo will be landed, unles Notice has been given prior to Steamer's arrival,

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 20th Oct., 1932, will be subject sc Rent, All broken, chafed, and damaged Goods are to be left in the Godownr where they will be examined on 18th Oct, 1982, at 10 mm.. by our Surveyors, Messrs. Goddard & Douglas.

All Claims must reach us before the 4th November, 1932, or they will not be recognized.

No Tururance will be effected, Bills of Lading will be countersigned by the Undersigned.

JEBSEN & 00..

Agents, Hong King. 10th Oct, 1932.

SILVER LINE.

NOTICE TO CONSIGNEES.

FROM NEW YORK.

[2662

THE Motor Vesal

* SILVERTEAK” having arrived from the above Port on 16th instant, Consignees of Cargo are hwelry informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Consignees' risk and arpenen.

All broken, chafed, and damaged Goods are to be left in the Godawns, where they will be examined on Saturday, $2nd instant at-10 mm.

All Claims must be presented within 15 Days of the Vessel's arrival hore, after which date they cannot be re cognized.

No Claims will be admitted after the Goods have left the Godowns, and all Gooda remaining undelivered after the 21th instant will be subinct to Rent.

No Fire Insurance bar bein effected. Bills of Lading will be countersigned by

FURNESS (FAR BANT), LTD., 2nd Floor, King'■ Building, Connaught Road,

Telephone C. 28165.

August and September exports amounted to 1,188,000 bales, com. pared with 789,000 bales during the ong Kong, 16th Oct., 1982. corresponding months of 1931.

August exports were 482,000 and September exports 734,000, the 10- crease during the latter months be- ing encouraging.

You will be able to arrive at a better understanding of the serious situation that has developed in the rubber planting industry when I All important countrica except tell you that luring 1981 there was China showed increased consump. exported from the State. 13,004,059 | bs. of rubber Jued at 81,370,843 against 14,788,173 lbs. valded 50.150,564 five years ago.

Timber,

at

tion.

Iarge labour exodus there has been since the commencement of the alump.

..:

Finance...

SHIPPING MOVEMENTS.

CONSIGNEE NOTICES.

NOTICE TO CONSIONEES,

PENINSULAR AND ORIENTAL.

STEAM NAVIGATION Co.' STRAMER "KIDDERPORE,"

ÁRUVIÐ, HONG KONG or 197 OCT,, 1939.

· P10м BOMBAY, COLOMBO AND STRAITS.

MONSIGNEES of Cargo by the

aboro-naraed Vessel. are hereby in

Formed that their Goods are being landed and placed at tumis sior in the Hong. Kong and Kowloon Wharf and Godown Company's Godowns at Kowloon where each Consigamont

annt will be sorted out Mark. Mark and Delivery sat, be obtained as the Goods are landed.

by

This Vessel brings on Cargo fram. Persian Gulf ex B.I.S.N. and B. & P.S.N.

Co

Steamers.

Uptional Goods will be landed here- Funless Instructions, have been given to - the contrary Sir Hours before arrival of the Steamer.

[2674❘

The R.M.S. Empress of Asia arrived at Yakobama on Oct 19 at 9.30 am.. leaves Yokohama on Oct. 19 at 2 p.m., is due at Hans Kong on Oct, 26 at 7 am and leaves for Manila on Oct. 28t

p.m.

The P.&O. Naldera left Shang- hai fon this port on the 18th inst., at 4 p.m., and is due here on the 21st inst. at about 6 a.m.

EXCHANGE.

CLOSING QUOTATIONS,

October 19, 1932.

ON LONDON: —

Telegraphic Transfor... 1/23 Bank Bills, on demand 1/3) Bank Bill 4 months'

aight... Oredits,

months

4

1/4

sight....... PARIS- Bank Bills, on demand 580 Credits, 4 months' sight 620 On NEW YORK:-

Bank Bills, on demand 22) ·

1. Gredita, 60 days' sight, 297 OM BOMBAY --

Timber shows up in better light. During, 1931 exports amounted to

The Government has been able to 4,324,851 c. ft. Valued at 83,043,200. balance its local budget-and that There has been a steady increase in in generally regarded as the key the volume of this trade since 1927 to financial stability. In 1931 Re- when the figurasoe-exports venue in North Borneo amounted 2,813,860 c. It valued af 1,815,278. to 82,553,807 and Expenditure te

am sorry to say, however, this 89,150,212 trade suffered a sat back during the

There - being no questions, the current year due to the Shanghai Chairman proposed that the Report troubles and the economic crisis in of the Committee and the Accounts Japan-two relatively important of the Chamber for the year ended markets to our timber exporters. June 30 1832,

as presented, be ON The restriction of general trading adopted. This was seconded by is made manifestly clear in the pub- Mr. Koy, and carried unanimously. Our friends of the West Coast -lished Customs Department Re- Elections of Committee. Planters Association visualise, the turns. The total volume of trade, introduction of a Cess Scheme as including imports and exports, preventive measure-and, at mounted in 1031 to 810,758,141-an least, they. merit commedation for compared with $15,308,083 in the having made some attempt to tackle previous year, whilst five years ago neck, Mr. B. D. Key, Mr. J. KO the question. This Chamber, how- (1027) it amounted to upwards of ever, was unable to endorse these 827,000,000. Over this period im- Malcolm, Mr. A. E. Phillipps, proposals chiefly because, calcul ports have declined from ten and Dr. A. Stookes, Mr. Soh Siew ated upon the strength of existing half millions to four and half mil-

Bob and 1x H J Walker.

Election of Becretary. labour, the incidence of the cess lions and exports from seventeen would constitute an unfair hurden millions to seven and half millions Proposed by The Honourable Me: upon East Coast industries as die all in dollars.

There was a census taken in 1931 FW. Pinnock, and seconded by On HAIPHONG tinet from the rubber plauting in-showing-the-population of the State A Phillipps that Mr. CO dustry......... Any general dearth of as 270,223. Ordinarily, these figures Boyer be re-elected Secretary labour will, it is anticipated, he would have been disappointing, in Carried.

fact they are disappointing as it There being no further business, first noticeable in the rubber profa, but, we should bear in mind the the Meeting then closed with a vote ducing industry. Another anomaly (Continue on next (lolumn.) of thanks to this Chair..

♫

The ballot for the Committee for 1902/1033 year resulted as fol lows:-

The Honourable Mr. F. W. Pin

Goods not cleared within 8 days in- „cluding date of arrival will be subject taji

Rent

No Fire Insurance will be effected by ns in any case whatever,

Damaged Packages must be left in the Godowns for examination by the Consignees, and the Company's surveyors,. Messrs. GODDARD & Douglas, at 10a.m. on Mondays and Thursdays, within the Free Storage period.

Consignees are specially notified that it is necessary for Ravanas Offloor to-

present at the examination of damaged dutiable carpe

be

cargo.

All Olaima against the Steamer must be presented to the Undersigned on or batore 8th November, 1832, or they will not be recognised.

No Claims will be admitted after the Godr have left the Godown.

MACKINNON, MACKENZIE & Co... Agonta. Hong Kong, 19th Ock, 1933.

126-2

NOTICE TO CONSIGNEES.

PENINSULAR. AND ORIENTAL STEAM NAVIGATION Co.'s STRANACORFU."

ARRIVED HONG KONG 68 1910 OCT., 193N,

FROM ANTWERP.LONDON.GIBRAL TAR, MARSEILLES, MALTA, PORT SAID; ADEN, COLOMBO AND STRAITS.

YONSIGNEES of

NEES of Cargo by the shore. med

Vsasol are hereby formed:

that their Goods are being landed_and placed at TEEN x in the Hong Kong and Kowloon Wharf and Godown Coa pany's 'Godowns at Kowloon, where each Consignment will be sorted out Mark by Mark and Delivery can be obtained as the Goods are landed.

Optional Goods will be landed here. ales Eastructions have been given to the contrary. Six Hours before arrival of the Steamer.

Goods not aloared within 8 days' including date of arrival will be subject to Raat.

No Fire Insurance will be affected by as in any case whatever.

Damaged Packages must be left in the Lodowns for stamination by the Con- signees, and the Company's Burveyors, users, GODDARD & DOUGLAS, at 10 a.. on Mondays and Thursdays, within the

Free

Storage period.

Consignees are specially notified that it is accessary for a Hovenus Officer to bo present at the examination to damaged dutiablo cargo.

All Claints against the Steamer must be presented to the Undersigned on or before November, 1932, or busy will not be recognized.

Ne Olsima will be admitted after the Goods have left the Golown. MACKINNON, MACKENZIE & Co,

Ageste.

Hong Kong, 10th Oct., 1938.

[2685

NOTICE TO CONSIONPES,

OCEAN STEAM SHIP CO., LTD,

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

CONSIGNEES por Co.'s Vessel

"AENEAS"

FROM UNITED KINGDOM VIA SINGAPORE

are hereby notified that their Cargo will to discharged into - Holt'a Wharf, Kowloon, where it will·lia my Consignoes' risk and subject to Torma and Conditions of Storage: at Holt's What The Cargo will be ready for Delivery from Godown on and after

7th October.

Optional Cargo will not be landed here unless Notice has been given prior to Stoomer's arrival, but carried on from port to port to the fius! port of call to which the option extends,

All broker, chafed and damaged Goods are to be left in the Godowas, wheze they will be examined on any Tuesdays and Fridays between the hours of 10,45 am, and Noor within the Fres Blorage period.

No Cisims will be admitted after the Goods have left the Steamer's Godawn, and all Goods remaining undelivered after the 24th October, will be subject

Bout. All Olaims against the Steamer

mor must be presented to the Undersigned on or before the 7th Nov, 1932, or they will not be recognised,

to

1878

1870

ear

:: 25*

H

Telegraphie Transfer Bank, on demand Un Galouizá :—

Telegraphic Transfer SHANGHAL Bank, on demand ...

Bank, at sight DE TOKORANA

On demand...

Or Man14. On demand. lej OM SINGAPORE:

On demand .......... Б

Ox BATAVIA, On" demand. 681

On demand an

Suco :: On demand.

Ox Bangude sum

*** On densand

Bovasions, Bank's Buying

58

Rate pozmundümetinners"1/4||| BAR BILVAR. Der Of 177

No Fire Inmance will be affected

BUTTERFIELD & SWIRE,

17th October, 1932.

Agente,

A Job?

Consult WANT ADS

[2670