WALL STREET
ANTICIPATES
DULL TRADE
(Continued from Page 6)
The Chesapeake Corporation showed a net income for the first six months totaling $3,740,000, compared with $3,083,000 during the corresponding period of past year,
Factory employment in the State for the period June 16th to July 15th declined 1.4 per cent. and payrolls showed a decline of 2.2 per, cent.-Reuter.
E. A. Pierce Co.'s Report
In their market report, the American Oriental Finance Cor- poration, correspondents for Messrs. E. A. Pierce and Company, New York, state:
N.Y./London
"Stocks:-The recovery uf in- dustrial issues frem Friday's weakness was of course a stimul- aling factor. General sentiment looks as though this devision of the market is ready to make an- other attempt to push through the Bo-called resistance levels,
"Wheat-Selling of grain after the opening of the market
was
met by aggressive buying, led by Commission Houses with Eastern
THE CHINA MAIL, TUESDAY, AUGUST 14, 1934.
Figures in the grim drama of Germany's second revolution. With a ruthlessness and completeness reminiscent of the French re- volution, Adolf Hitler, German Chancellor and Nasi chief and now Reich Leader, crushed a rebellion that brought scores of executions among his own subordinates and monarchist. "conspurators." Here are the principal characters la the tease drama: (1) The late President Paul von Hindenburg, whose illness added to the seriousness of the crisis; (2) Vice-Chancellor Franz von Papen, monarchist Junker protege of the late president; (8) Gen. Hermann Gearing, Prussian Prime Minister; (4) Chancellor Adolf Hitler in a typical oratorical pose; (5) Dr. Joseph Goebbels, Minister for Propaganda and Enlighten. ment: (6) Ex-Crown Prince Friedrich Wilhelm; (7) Dr., Hjalmar Schucht, President of the Reichsbank; (8) Nail Storm Troops; (9) the famous "Brown House" at Munich, national headquarters of the Nazis, in which “mutinous" lenders were trapped; (10) Reichswehr, Germany's official army.
connexions, while Western traders and foreign buying is absorbing were active.
The Corn and Win-renalizing and there is a moderate nipeg markets developed strength amount of South selling.”—Reuter, and the advance in stocks was the
Latest Quotations principal sustaining influence
with lines sold out last week be- The following quotations hava ing reinstated. Trade comments been received through Messrs. S. E. indicated that the market has Levy and Company and the Ameri Oriental Finance Corpora given an excellent account of it-can self.
There was a liberal ship-tion: ping demand for eash corn.
"Cotton:-Private, reports of
New York, Yesterday.
rain in Oklahoma and a forecast N.Y./Lordon of probable showers in the drought Cross-Rate area in Texas caused liquidation N.Y. Cotten-Dec. and hedging.
There was moder-N.Y. Rubber-Dec.
CORRESPONDENCE
Mendicant Menace.
LOCAL NEWS BREVITIES
PLAYED ROLE OF POLICEMAN
Chinese Pleads Drunken Stupour But Fined $75.
CAR LICENSES NOT RENEWED Europeans Involved In Traffic Court,
Summoned for falling to report
Pleading on his own behalf that; he was drunk and did not know what an accident in Pedder Street on he was doing, Chau Chak-son, a July 28, Mr. V. Singer, of No. 14 clerk, who was charged with assum- Follx Villa and driver of private ing the character of a police con-car No. 2759, was cautioned by stable, was fined $75 by Mr. E. W. Mr. E. W. Hamilton at the Central Hamilton at the Central Magistracy Magistracy this morning. this morning.
Mr. Singer possessed a cléat traffic. record.
Inspector Hourihan said that ac- cused was arrested last night while) A fine of $5 was imposed on Mr. assuming the role of a policeman by J. L. Stanton, of the China Under- searching people walking along writers Ltd., for failing to renew Queen's Road West. Defendant his car license. wae allowed freedom last night byl Mr. R. T. Lammert, driver of jprivate car No. 3516, was also depositing $100. bail.
fined $5 for failing to renew his license.
MONEY BY FALSE
PRETENSES.
Alleged Attempt Behind Charity Assn.
Martin Ritchle, a 22-year-old unemployed Portuguese, residing at
Dr. A. N. Jones, of the War Memorial Hospital and driver of private car No. 3878, was alao Aned $5 for not renewing his license.
Mr. R. Schmidt, of Pokfulam Road, was fined $5 for a similar offence.
No. 90 Fa Yuen Street, ground floor, MOVEMENTS OF
CHINA FLEET
was charged before Mr. E. W. Hamilton at the Central Magistracy this morning, with attempting to
obtain $6 from a Chinese woman, Whitshed Relieving The
Tim Kwai-tung, of No. 11 Fung Fai Terrace, by false pretenses last Sun-
should say it is a daily practise and [much against the wish of all the
day. A meeting of the Sanitary Board Merchants who are compelled to will be held at 4.15 p.m. to-day.
Witch At Foochow
The latest movements of the It was stated that accused went China Fleet show that many to complainant's house and asked vessels have now returned to for money, saying that he was au Wei-hai-Wei after their exer- thorised to collect money on behalf cises. of the Women's Almis Association.
The following vessels are at pre- Accused said that he asked for sent at Wei-hat-wef. H.M.S. Kent, charity only for himself and not for H.M.S. Suffolk, H.M.S. Cumberland. any association.
H.M.S. Cornwall, H.M.S. Adventure, The case was remanded until to H.M.S. Sandwich, H.M.S. Falmouth,
To the Editor "China Mail." Sir-refer you to the Police comply with the demanda of these:
One case of diphtheria and one Court case on Saturday morning be- beggars only to avoid the lingering fore Mr. Macfadyen at the Central about of these people; otherwise Police Court in connection with the these beggara persistently block the case of typhoid fever were report Last To-day's Mendicant Menace in this Colony entrance to the Shops forgetting the ed in the Colony during the 24 and its subsequent report in the fact that it is equally an inconveni-hours ended August 12. S. C. M. Post of 18th issue.
lence to the Public, Customers who. While, I agree with the Police, want to enter the Shops, Passers-by For attempting to steal six bot- assertion that these beggars are aand to the Shop-keepers themselves, tles of lemonade and five oranges morrow, noon. regular nuisance not only to the Quite apart from this, the Indian from the ice-chest of a stall in Can- Public and the Police of Hong Kong Silk Merchants in Hong Kong are ton Road, belonging to Ho Tin, Ma but also to the Visitors to this absolutely law abiding, and it is for Kan, 36-year-old unemployed, was Colony who are molested for "Cum-the Police to draw a line of demar-sentenced to three weeks hard la shaw" at every known corner of the cation to check this problem, and Ibour by Mr. E. 1. Wynne Jones at main Streets of Hong Kong. I am confident that the Indian Silk the Kowloon Magistracy this morn- quite appreciate the good efforts of Merchants would decidedly co-oper-ing. the Hong Kong Police Force to ate with the Police as they have check this Public nuisance and done in the past.
eloso close
5.1 5.10% 13.60 13.62 16.11 16.17 Chic Wheat-Dec. 107 106% ate Trade and Continental cover-Chic Corn-Dec. ..... 70% ing nu cotton-goods being taken Silver-Official ... 49% of the market. The strength of Sterling favours a constructive at-) titude.
783% 40%
(Dow Jones Arg.)
"Flashes: The Goodyear Tyre 30 Industrials Co. has earned $17.808.502 against 20 Rails 21 cents per share the previous 20 Utilitiés
The Ohio Oil Co. earned 40 Bonds year.
$3.406,358, against a lose of $3,-11 Commodity
140.680 the previous year, --
Annalyst Index of Business ac-j
Index ...
Last To-day's
80.79 91.80 2.01 op Aves. Aves. Change
33.60 34.66 1.06 up
20.21 20.58 0.37 up 91,83 91.67 0.16 of
without casting any aspersion on their efforts, 1, do not find any rea- son why the Indian Silk Merchants,
Clase should be the point of target for at-
64.79 03.18 1.81 off 18 LEADING STOCKS
Amer Can Dow-Jones says that the Secur- Anter Smelting & Ref ities Commission
has asked for Amer Tel & Tel
tivity: 77.8.
Auburn
details on Exchange practices and
1. І. Сине
for the placing of a curb on spe-Du Pont
culations by Company officials." Elec Bout & Share
General Motors
Int Tel & Tel fay-Meintyre Porcupine in Montgomery Ward
Nat Distillers N.Y. Central
Opening Of The Market "Stocks: It is reported a ourable start has been made the Government home moderniza- tion drive. The renewal of strikes Socony-Vacuum is an unfavourable factor. Busi-Union Pacific... ness was very light at the opening. United Aircraft
U.S. Steel
"Cotton-Replacing of cotton Westinghouse E &. that long interests recently held
Business done:-810,000 shares.
LATEST QUOTATIONS.
Personal Pars
Captain P. H. Gifford was among
H.M.S. Keppell, HM.S. Wild Swan, H.M.S. Whitehall, H.M.S. Wishart, H.M.S. Medway and H.M. Sub- marines, Rainbow, Phoenix, Otus, Olympus, Odin, Perseus. Orpheus and H.M.S. Bruce.
H.M.S. Bridgewater, arrives at the passengers who arrived in the Shanghai from Hankow to-day, Colony yesterday by the 8.3. Hector, while H.M.S. Folkestone will leave For returning from banishment'
Shanghai to-morrow for Hankow Thanking you for the courtesy of on August 12, Cheung Kau, a 26-1 The Rey, C. J. Brown, newly where she is due on August 18. publishing this few lines.
year-old- unemployed, was sentenced appointed Chaplain of the Missions H.M.S. Grimsby, the new addition V. S. C. SINGHAM.
to one year's hard labour by Mr. E. to Seamen in Hong Kong, accom-to the China Fleet Is due at Singa- Magistracy this morning. 1. Wynne Jones at the Kowloon panied by Mrs. Brown arrived in the pore on October 28, from England.
Colony from Singapore yesterday by H.M.S. Witch will return to Hong the s.s.Hector.
Kong from Foochow on relief by H.M.S. Whitshed, which is now on
97
39
tack in this connection while they
112
are themselves fed up with this class|
CHESAPEAKE CORPN. SHOW AN IMPROVED- INCOME
19% of people who only await for the
12
On the application of Inspector K...
414 first opportunity every morning for New York, to-day--The Chesa W. Andrew, The case against Gull Mr. Lee-Luk-chiu, who succeeded her way to Pagoda Anchorage, Foo- 99% the Shops to be opened and then peake Corporation reports a net in- Meer, police constable No. Bis, who Mr, Wu Tung-chiu as Managing chow. 30% start with their favourite song of come for the first six months of 1934 was charged with accepting a bribe Director of the Chinese section of
Cumshaw Taipan".
of U.S.$3,740,000 as compared with of 50 cents at Sal Street, yesterday, the Kowloon Canton Railway Is It would not be out of place if 1US.$3,083,000 for the same period was remanded until Thursday morn-leaving to-day for the Colony 10 mention here that the majority of last year.-United Press, per S. E. ing. 21% the Indian Silk Merchants in Hong Levy and Company.
49/
234
14% Kong are 'Hindus and a charitable
98 community who do not like to dia- 16%
31 appoint a poor man early in the 324 morning in their place of business
New York, Yesterday, The following quotations have been received by Messra. S. E. Levy and Co.. & the A.O.F.C.
г
CORN RISE PREDICTED
where he will pay a visit to Mt.
G. A. Walker, Traffic Manager of
PASSENGER CAR INCREASE REPORTED IN U. S.
An unknown Chinese third-class the British section of the Railway. Now York, to-day-Messrs. R. L woman passenger on board the Yau-
Polk and Company has reported mati ferry launch "Man Hing": Mr. Sun Fo, who is now in that 40,216 passenger cars were Chicago, to-day-Chicago Com-jumped overboard at 8.15 p.m. yes- Honolulu, will leave for China to-sold in 14 States in July, an in- as they consider it bad luck for the mission Houses are predicting a terday, while the ferry was crossing morrow by the 8.8. President crease of 11.7 per cent., as com- whole day.
further rise. In spite of Satur-the harbour from Hong Kong to Coolidge. It is rumoured that pared with June, and 46.28 per There is no system here such as day's decline, they forecast that Shamshulpo, The ferry stopped. Mr. Sun will visit Mr. Hu Han-min cent. for July last year. United "Every Friday"" the Indian Blik corn will reach $1.00 per bushel. but no trace of the woman was in Hong Kong on his arrival, be- Press, per S. E. Levy and Com-
Ifound.
Ifore returning to the capital. Merchants give money away and I-Reuter.
pany.
August 11. Closing
August 13. Opening
Closing
Change
New York Cotton:
October
December
18.45 13.60
13.44 13.46 13.48 13.48
0.03 up
13.81 18.64
January
19.63
13.67 18.66
March
18.75
18.80 18.79
May
13.80
19.85 19.85
July
18.86
15.94 13,95
Spot
18.65
13.60 19.62 0.02 13.66 13.66 0.03 13.77 13.77 0.02 19.84 13.84 0.04 13.91 13,91 0.05
13.60
*
43
0.05."
New York Rubber:
September ...
15.68
15.57 16.53
October
16.81
15.69 15.70
December
16.11
15.95 16.00
13
+
"
January
16.23
18.10 16.10
16.50
16.78
Total sales:
March
May
Chicago Wheat:
September December
May
15.74 15.74 0.06 15.86 15.86 0.05 16.13 16.17 1.06 16.22 16.22 0.01 off 16.40 16.45 16.50 16.64 0.04 up 16.68 16.68 16.82 16.82 0.04
592 lots.
1094103
103% 108 0% off 106% 1064 04 109 110% 110%
0% up 51,076,000 bushels.
104 107 106 10514 110 108 Saturday's sales :—-
Chicago Corni
Beptember
December
May
76 761⁄2 75 79/3
78% 794 895% 82 83
Total sales: Winnipeg Wheat:
October
874
78% 75% 0% off 79 78% 882 83% 014
31,447,000 bushels.
87 87 88 88% 91% 02 921
December .... 881⁄2
May New York Sugar::
September
December
March
Total sales:
New York Silk:
1.86
1.79 1.77177 1841.84
1.89
884 88% 1% 89% 89% 93% 93%
11/ 1
==
*
1.76 · 1.76 0.03 of 1.83 1.88 0.08 1,851.86.
1:68 1.88
18,000 tons
September.. 1.18 1121818
December ... 1.1634 1.1512115
February
Total sales:
117
New York Metals,
August 9.. Oct 6,87
61.80
1.19 1.13 116 1.16 1.16% 1.17%
0.03:
unchanged 0.00% off 0.00% up
1.161.16
487 lots.
August 18. 6.81
0:06 of
52.65
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