1921-08-05 — Page 12

Hongkong Telegraph 港電新報 士蔑新聞 All

12

CHINESE EXCHANGES,

"Bucket Shops" in Disguise. A correspondent addresses the following letter to the China Daily News.

North

THE HONGKONG TELEGRAPH.

MURDER OF AN ENGLISH- MAN AT BOULOGNE,

Callous Grime For Small Sam.

Demand JD dis સામ

4 mə

FRIDAY, AUGUST 15. 1921.

HOTELS.

EXCHANGE.

¿Opening Rods: dosing Rate

on Page 21. SELLING.

3/9

99H

OPERATING

3/9}s

HONGKONG HOTEL (Bagwag)

F/T Shanghai F/T Singapore....-- IIT Japan T/T India...... Demand, India

T San Francisco) & New York,}

Nom

KEPULSE BAY HOTEL

119

(Repuine Bay)

kaler passtrue lion)

1021

21016

HONGKONG HOTEL GARAGE

4944

159 Nom. 6.45

BUYING.

2/109

9/11 2/114

IT Jars IT Marks IT Francs Demand. Paris

Imfa L/C. 4 m/s. D/P 6 m/ L/C

Malbourne

*-*

A confession bas been made by I think that the attention of the jour, Daguebert, of the murder of Chinese authorities should be an Englishman, Mr. Gourlay. called to the abuses that exist ar When first questioned, Dupe the local Chinese exchanger. bert said that Mr. Gourlay, after These exchanges aro DOL

ex-selling him a motor car, drove off changes at all but are really with three other Englishmen. garbling establishments or what

Suddenly the police official cut the Americana call "bucketprevarications short by saying shops." With the exception al"Let me show you Gourlay's only a few bona fide cash transac body," and at that Daguebert tions, selling and buying does not threw up the sponge, and confess take place with a view to delivery-ed to a murder committed in an The intention of the customer is extraordinarily cold-blooded and merely to pocket the difference deliberate way for the sake of a between the price which be pass small sum of money, and the price to which the

According to his own story bei commodity or stock rises.

was sitting with Gourlay in the The dealings are simply in profits and losses, not in the sittingroom of his house, bargain.30 ds. Sydney and recaritise or commodities theming about a motor car, which selves. As prices fluctuate. the Gourlay wished to sell. Dagne differences flow into the pockets bert's young sister was in the room, and he told her to set There are now in Shanghai the gramophone playing so as to Over 40 exchanges which have smooth the negotiations. At last come into being within the recent the price was agreed upon--15,

Demand, New York 499ý months. These exchanges cover!

T/T Bombar

Nom. nearly all the important Chinese Then Daguebert sent his sister

2101 Demand, Boabeş ... on an errand into the town to ETT Calcutte trades.

Non Most of the quotations are for her out of the way.

He wrote

Demand, Galcotta 21016 forward transactions. Hundreds out a receipt, and, putting the Yokohama......... 1024 of thousands of pleuls of money on the table, handed over document for Gourlay to "bought the Tungehow co1100 are and sold" on the Stock and Pro-sig. duce Exchange and the Cotton Exchange every month and it is safe to say that only a few piculs actually change hands at the end) of the month.

of the winners.

0004, (£300.)

THE MURDER.

te

3d/s. San Francis

4 m/s. Marks ....

m/s. Francs

ENTERTAINMENT.

THE HONGKONG HOTEL CO., LTD.

PENINSULA HOTEL (Kowloon)

TOWN GARAGE & SHOW ROOMS RUSSELL STREET GARAGE

(Pedder Straat)

REPULSE BAY GARAGE

DURING THE TIME THAT THE CORONET IS CLOSED FOR REPAIRS PATRONS, ARE REQUESTED TO VISIT

THE

EMPIR

LATE WOPING

(Opposite Central Market)

TO-DAY at 5.15 and 9.15

E

"BLIND HUSBANDS."

230 and 7.15

SON OF TARZAN"

Episode 10-

"DAREDEVIL JACK"

Episode 11.

"BUMPING INTO BROADWAY"

PROPRIETORS:

THE HONGKONG HOTEL CO., LTD.

THE

HOTEL.

KING EDWARD

co& New York/

Nom.

7.05

7.25

SOTEL

'T'el 323

5 m/s. Francs.. Demand, Germany.

Manila Demand,

1031 Demand, Singapore. 119 | Demand, Batavia 158

0. Haiphong

Nom. Oa Saigon Os Bangkok

7634 Gold lest per Tael... 30.30 3wvereign

Nom. 7.00 Bar Silver. ready... 38

forward

381 Bank of England rates 514 New York/London... 35794

SUBSIDIARY COINS.

'kong 30 rt. piacea

10 3

Gourlay leaned forward to write and. with the gramophone still Locking up the quotations of playing

drown the noise. the Yarn Exchange & Cotton Ex-Dagurbett coldly and deliberately bange, we find that they are all shot Lis victic twice through for forward deliveries-from the Lead. Then he dragged the August right up to December. Mr. body into another room apd hidi Wang, who does not own a single it there for two days before he! ratty foot to say picul) of Tung-jeummoned up courage to bury it! chow cotton, may go to the Cotton in his garden.

After he had hidden the body! Exchange and tell his broker to sell for hire 1.000 piculs of this Daguebert went out to a cafe in commodity for September delivery the market square. where Gour. and of course if the price goes lay's chauffeur was waiting, and Hongkong Aug. 5, 1921. down in the meanwhile, an order told him that his employer had to buy 1,600 piculs is given to the driven off with three Englishmen broker. The winner then pockets in Vauxhall car. Paqueberr the difference after paying the confessed that the three English. brokerage. Similarly Mr. Changmen and the Vanzball car were can buy 200 Hanyehping ebates entirely imaginary and invented for September delivery without for the purpose of alleging the slightest intention of taking suspicion againt him. up the shares : the end of September.

Canton #ah, coin-

par.

pa

Tax dis 15.5% die.

TO-DAY'S SHARE

QUOTATIONS.

- D

OFFICIAL PRICE.

Banks.

4.K. ~~. Bank E. 235 paid D.

Է

715 x 26. 40754 152

Marine Insurances

410

է:

144

s. 240

224

b.

It

After his confession, Paquetett to the scene of his crime. By: was driven in a police motor cart. of 5. Asia this time the news of his presence! bad got abroad, and the police antone had some difficulty in protecting North China their prisoner at points on the nion

One of the many evils of these xchanges is that all the money pent in them by the customer bas no effect upon the market. If man bags 200 shares of a certain stock, he is entitled to the strength road where the hostile crowd as fangazee ening effect which bis buying has so thick that the car could hardly Far Easterns upon the price of that stock. Buth

Fire inamrance). as the broker buys practically on- thing, there is no efect. The pre-

Chica Fires tended buying of hundreds of

H. K. Fires thousands of picule of Tunzebow cotton on these so-called exchange)

paga

THE MURDEREK GOES ABOUT

SMILING.

What seems particularly to bare! Dongiases

b.

Shipping:

s will not add a fraction of a cent aroused popular feeling has been! LK Steamboaw b to the price of the commodity nor the demeanour, at one callous ados (Pret)

will the pretended selling of this and bypocritical. of Dagueber: indo Dei. Lon Res. 1 amount either increase the sun-since his crime, le has been rado be, H.K. Ram, n. ples of the consumer or lessen going about smiling and apsball- their cost

parently careless, and also going Permes

Tungchow cotton was quoted into church on Sundays with bis the Stock & Produce Exchange fiances, and even going to Com- on Saturday 8: Tis. 29.95 for July. Jaunion

The figure is of course fictitious.

Daguetert had

CENTRAL LOCATION

ELECTRIC LIFTS AND LIGHTING, TELEPHONE ON EACH FLOOR

LAUNCH MEETS ALL STEAMERS.

Telegraphio Address: “VIOTOR: Á

THE

PEAK

..500 FEET

J. WITCHAAL

Manager

HOTEL

ABOVE BEA

LEVEL

IS MINUTES FROM LANDING STAGE.

UNDER THE MANAGEMENT

MRS. BLAIK.

UF

EUROPE HOTEL, SINGAPORE.

UNDER NEW BRITISH MANAGEMENT.

THE PREMIER HOTEL FINEST SITUATION. EXCELLENT CUISINE.

ARTHUR E. ODELL.

Late Grand Hotel, Southcliffe, England and

Royal Palace Hotel, Londoa, WO

KINGSCLERE

HOTEL MID-LEVEL KNUTSFORD HOTEL KOWLOON

SACHSE, LENNOX & Co., General Agents

Are resident Managers,

BT of

1321

#gen WL.Lowes WL

W.LIW.L

favorded

Pers

recorded

Fret

Aug. 31 Ang 4 Feet Fest

Wucbow. West Biver

+ 19.50

-242

43-

Kongmcoo.

14.70

-0.80

Linkonghow, North

57.00

0

285

102/6

Sanshui,

- 37,25

Sheklung. EUAG

- 15.15

--5,00 -0.98

t.

Refineme

Susaze

b. 19% Sa. 190

Malarons

n.

to

make 21

Miniat

It is stated that the real market great effort to nerve himself to value is about T14 26 per picul.look into the excavation in his! Kailans If Turgchow cotton really reaches garden where Gourlay's body was Leopats

Tix. 99.25 per picul, local mills still lying, and afterwards he was Shanghai Loa

will promptly use imported colton, made to be present at the autopay, 3hai Explorations

The

A large goantity of cotton is which was conducted in his own) Kauba tocked in local godowns and it is garage, the body being brought Tronoh reported that 10,000 piruls are on in from the garden and placed on Tral Caspians the way from Tungchow.

a table. bigu quotation 11, therefore. ridiculous.

The whole thing is making o mockers of the great processes of

'4

2

b.

4&sa.

زدیار

125

PEAK TRAMWAYS CO., LTD.

TIME TABLE.

WEEK DAYS.

10.80 0.20

13.00 9.m. (8.2la pumm

x2 61

1014

1,00

"

$1

to 12.50 p. 1

2.3

221- 15

to 2.20 p.

to .10 p.m.

15 to

13 mit

NIGHT CARS.

93

3.) to 11.30 p.m. every ja minuter £1.4

SATURDAYS.

125

SUNDAYS.

.b.

140.

4.00 க..

12.30 KDN -

12 pua

}

Bib

C.

1:9

13.50 123, 19 14.00 20FLA 1200 Do

100 p.J.

13 14

1.00 0.

Six p.03

to 'phreys Est.

b.

18.10

1.30 par

10 out:

6.03.

1.

1. A.

b. & sa. De

a Mp to La

8.13 p..

123

5

h. & st.

22

Docks, Wharves, Godowns, &.. One bullet was found in the H.K. Wharves dead man's brain, and this fitted 3. Docks Degucbert's revolver, but the s'hi Docks industry and trying to live upright through, and could not be

other hallet bad evidently passed N. Engineering, them without taking part in them.

Lands, Hotels & Busidine. found. If one exchange collapses, the

Sentrals whole lot will go to the wall and

Later in the evening the H.K. Hotela we can be sure that the effect pri ocer was confronted with bis H.K. Lands which the collapse will have en sister. and listened legitimate business will be far her parrying questions for two Kloon Lands greater and far more ruinous hours before she would admit any. Reclamations o than the effect of the great rubber knowledge of the crime.

! West Points b. disaster, because the amounts)

Cotton Mill,

involved are simply fabulous.j Then at last she admitted that. What surprises the writer is the two days after Gourley'e disan- tros support which is given to some pearance, her brother had enn- Aung Yika of these exchanges by Arnericans fersed to ber that he had killed Lau Kang Mow and Frenchmen. One of these the Englishman and was burcing Orientale cxchanges is advertised to have his body in the garden. Since S'hai Cottons been incorporated under U. S. then the unbapor girl ha- bar to, Vantuzspoon laws while another is said to go about with this terrible secret have been registered with the on her mind in order to shield French Consul to. I do not her brother. know what the French law is on

ESTRA CAR 12.00 mitaigas.

NOTICE.

KOWLOON

THEATRE

Tel K484

Tel. K484

TO-DAY at 5.45 and 9.15

THE CAMEO GIRL

in

"THE WEB OF DECEIT."

HONGKONG THEATRE

TO-NIGHT at 5.15 and 9.15 p...

A NEW TRIANGLE PRODUCTION.

"LOUISE GLAUM

"GOLDEN

in

RULE KATE

ALICE HOWELL

in

隐藏

IN

DUTCH

RIVER LEVELS.

As a guide to skippers and other interested in the water levels of the river we have been requested by the Board of Conservancy Works of Kwangiang to publish the following sabia of water levels. The levels are taken at 18 s.. even day.

NIGHT CARS

15 min

is mid

SPECIAL CARS. KALAIGEMARET AT THE COMPANY'S OFFICE, ALPRAZOLA STELDINGS

**** ROAD.

TIDE TABLE.

1st to 7th Aug., 1921. -

7.7

11 13 8.0

Hongkong

Mras Time

2,140, 1.0

$ 36.49

5

14# 2.7

3 35 0.3 m49 2.5

224 05

4 53a 05

6m 10 44 | 24m 510

11 555 5.1; 6 31a 08

11 45 6.35 11 22

10 11.3

m morning; a afternoon

37.60 36.80 6.90 6.30 4.50 4.30 9.90 10.20 0.30

¿MITSUBISHI SHOJI

KAISHA, LTD.

IMITSTOISKI' TRADING CO. LTDJ ∞ L. GENERAL IMPORTS 30

SPORTS.

--SOLE PROPRIETORS OF COAL MINES OF

T-KASHIMA, OCHE MUTARE, KISHIDAXL YUSHINDTARS, THOJO, KAMAZUTA, SATE SHIRREW, CANADA, KAMITAMADA, KIDA

14 DTÜBAR,

Agents for SAKITO COAL

HEAD OFFICE, TOKYO. BRANCHES AND REPRESENTA TIVES:- KAGABAKI, ZAKATSU. WAKAMATSU, MOJI, KUŽE, KOBE. CHAKA TSURUGA, NAGOYA YOKOHAMA, TOKYO, FAKODATE MURORAN, JOTARU, ALADIVOS STOCK, PEKINU, TIENTŠIS DAIBEN, TSINGTAO, ISINANÝU, BANKOW, SHANGHAI, HONGKONG, KANTON. YANILA,SINGAPORE, SOERABAYA, LONDON, PARIS, NEW YORK a SEATTLE.

Cable Address :——")WASAKISAL“ Codes Al, A_B/C. 5TH ED... Western Union and Bentley.

AGENCY FOR: THE MITSUBISH. MARINE AND FIRE INSURANCE.

Co.

THE OSAKA MARINE & FIRI INSURANCE CO.

For Particulars Apply to:

8. KOMURA, Manager.

No. 12, Pedder Street Hongkong.

WEATHER REPORT.

August 5d. 11b. 10m.-Warning

TIME SIGNALS.

The time ball on. Kowloon- Signal Hill is dropped daily at 10 a m. and 4 p.m., except on Satur days when it is dropped at 10 to Hongkong, Coast Forts, &c.s.m. and1 p.m., and on Sundays and Holidays when it is dropped A depression or typhoon of an- a: 10 am. only. koawn intensity within 60 miles of Lat. 19 K. and Long. 124* E.,

moving N.W.

The ball is hoisted hali inast ab. the 55th minute and fall mast ei the 57th minute. Should the ball fail to drop at the correct time, it

August 5d. II. 41m-Pressure will be lowered it five minutes

past the bour and the ordinary, has increased considerably at

routine repeated at the following Weibaiwei, and moderately at hour, if possible. Shanghai. It has decreased moderately over the Philippines and slightly over 3 Formosa.

The northern depression has sured nortb-oastward and the depression or typhoon to the asst of the Philippines bas morad north-westward. At 2.m. this morning the centre was about 150 miles E.N.E. of Aparri

Hongkong Rainfall for the 24 hours ending at 19 s.m. to-day. 0.00 inches. Total since January 181 68.96 inches, against an

sverage of 54.00 inches.

FORECAST FOR THE 24 HOURS

ENDING AT NOON-TO-MORROW.

1 Hongkong to Gap † variabių.

Rock

#Formosa Channel freshening

to a gale.

3 South cost

Chins

11 Light

of variable between winds, H.K.& Lamocks fresheninz

J from N.W.

S. winds, moderate.

4 South coast

China between H.K. & Hainan

T.-J. CLAXTON, Director.. HLK. Observatory, Aug. 5, 1921:

Should the time ball be out of (order the apote ruatiue will be carried out with the Bag "Z", on the storm signal mast.

Time signals are also given si night by means of three white lampe mounted vertically on the Observatory wireless mast. From 8h. 56m. 0s. to 9h. 0m. 09. p. the lamps are extinguisked momentarily at the even seconds, except at the 2nd, 28th, 50th 52nd, and 54th of each minute.

'The hours refer to Hongkong": Standard Time (8 hours of sast Greenwich).

METEOROLOGICAL.

8 pm 15 km.za, as 2 pim.

86

80 89

89.

60

5. CALE S,W,

Barometer......29.67 29.67 29.04 Temperature Humility Or 71 Wind Direction Weather ......... Wind Force

Rai.......... Highest

O

C.

0.00 0.00 0.00%

Mir open Temperature on the Lowest

4th 86

open ja kir Temperature on the 5th 79.

T. F. CLAXTON, Director. H. K. Observatory, Aug. 5.

Printed and Published for the Proprieter, by Alfred Mories 11, Ice House Street, in the City of Victoria Hongko

**

1. t.

17

150

Miscellaneous,

Cement

$

the subject but "bucket shops "i

are certainly probibited under

China Light old SA. Do. Light new 88. Chips. Providents, c. Dairy Farme

11

10.00

12.10

High Wacer

Gow Water

kloucken.c

b.

2594

C. 8. laws.

In many cases, registration of

As these exchanges exist in Flectrics Macdo b. these exchanges has been refused the International Settlement and Hongkong Ropes n.

Electrica HK.

b..

23.00

2. m.

21

H. 16 24

25

Body.

by the Nangshangpu in Peking in the French Concession, the Hk. Tramways b. 13.10 s.13.20/30 Cu 2 because in one Taoyin district, fact that they are not registered Peak Trams, old there can only be one exchange with the Nungshangpu in Poking,

Do. for one trade. At present there does not worry the worthies who Steam Laundries b. are in Shanghai, two silk ex-are managing these exchanges Steel Foundries b changes, two coal exchanges, It is evident that local legislation Water-boa: two gold exchanges, and half sis necessary ea the Chinese re- Watsons dozen stock, cotton, yaro ex-sidents are only subject to the Wm. Powells chanzes, besides two night ex-jurisdiction of the Mixed Court Wisemans changes and, one Sunday ex-which is under the Consular do New issue change.

24

819a 4.1 727 25.

n.

9

9 62 44

# 55

Wed. 12,8

new

/

1

9 49 45

B2}

Thur. 497 | 19

-10%

11.

16

Fri.

5m 9 13

b. 8

sa. 7.90

Sat

b.

1814

n.

26

30

Hongkong Auz, 5, 1921.

15+

District

Forecast

Light

winds; fair. J

N. winds,

Previous

Day

on date.

on date.

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