12
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sally
941**
*** H
Sharebrokers'
WEDNESDAY. FEB. 27.
Banks
H& Bans
Do.
Insurances
Association
Buyers
the 20
HONG KONG DAILY PRESS THURSDAY, FEBRUARY 28, 1935,
AGRICULTURAL TECHNIC
Securing Assistance From Experts
Bisu
object of securing assistance from the the technical experts in formulation of practicable plans for agricultural rehabilitation.
[Special to the "Hong Kong Dally Freas" (Çopýright).] Chinkiang, Kiangsu, Feb. 19. In recent years China has sut-
In a speech which followed Mr. fered not only serious diminution
Chen's Mr. Lo Shih-Shih, of her territories as the result of
aggression, foreign
but
government representative, point- natural calamities such as disas-ed out the cause of agricultural 1282 trous famines and floods, so that backwardness in the province. He sald that the lack of conformity between theoretical knowledge and difficulty of ap- this experience, the plying foreign technic in country and the lack of ep-opera- agricultural organs' tion between and the farmers were the chief. responsible factors.
$1,395
$1,410 1,400 es div.
2131
Eo. (London) ........ Chartered Banks...
Alercantile Bka. "A"
$3
Do.
£13
2153 £31 £13
390
Bank of East Asia... 391
cd
N. C. & S. Barks...
Am. O. Fin. Corp: 8.
$1.80
Ch. Fin Corp. Ord. B.
Prof. S
144
Canton Insurance",
$200
Underwriter
Union insurances. .....
$AD
$450
Chins Fires sam
4470
1490
3227)
H.K. Fires.....
3228
International Assoe, 5.!
5
Shipping
*301
Douglases..................... $394
Steamboats caseras
$30
Tados (pref.)...............
$33
Do. (def.) .............
50/
Shells”.
$124
Waterboats
sats
$43
Mining
Amtarnoka....
Balateos...
39 cte. Baguio Gold .........
10 ote,
Benguet Consolidated
Do
Do.
Goldfeld...
***
2014
15 ats
Exploration
10 ots.
Big Wedge............
22 et.
Gold it ver
38cts
Gold Creek...
United Paracalda..
16 ct. Salacot Mining......
Ipo Mining...
Itogous
Kalans
Langkats (singis). Exploration.create
Shanghai Loans S..
$11
142 ots.
17/
$10
$5
18
$7.00
Raubs
A
#5
Venezuela Gold Flds.
Godowns, ste.
$108
312
16 cts.
$114
Do.
37 $30
$35
80,-
97 cca. 88/88 te.
38 cts.
1Buto
181 ctr.
$0.60
!!
$134
il 'cts..
a
her rural economy is now in sorry plight. This can be seen in the fact that China's imports of agriculturai products in huge amounts each year although an country essentially agricultural herself Her fertility and natural undoub- resources, however, are ted, and, with the improvement of agricultural productivity. there is no reason why China should not be easily self-supporting in agri- cultural products...
A definite step toward this end has been taken by the Klangsu Provincial Government. "A" Con. ference upon the improvement of agricultural technic was formally 35 ataopened here yesterday in the pre- 15 eta.
sence of over 100 Government representatives and technical ex- "perts, the sessions to last for a
194 515
$5
38
521
end
***
$1.30
(new;
lb cts.
10
Docks, WharTOS,.
H.K. & K. Wharves. $106
Providents (old)
H.K. & W. Douka:
S. China Motor 'A'
Do.
$120 Shanghai Bocks S..
New Engineeringas.
Lands, Hotels, and
$5,80
$309
...... 8.1
$10 36
Hongkowa
Buildings
H.K. Hotels
$5
1495
$6.10
$60
H.K Lands.........
$49
+
· 3101
Do. 4% Debentures:
$22
$10.10
$123
$8.60 lex
145
Shanghai Lands...3.
$12.30 Metropolitsa Lands..
33.10 H.K. Healties....... 14.70
$2.60 China Do..............
Tex iv. 19.20
Do. Debenturess, Hamphreys
New. Asia Hotel ... Asin Roniti “A” S.;
Chinese Estates......
Cotton Mi
Ewas".........
S'hat Cottons(old)9.
Do. (now)S.
+
c d
$10J
IY
$93
**
$9.92
174
$45
$9.30
Zong Sings...S.
$56
Wing On Textiles(S.)
Public Utilities
319.30
Tramways ATTENT
Punk Trame (old)... #81
Do. (new)...
$34
Star Ferries
34 1841 $21)
$10.005
China Ligase (old)... J
$10.10
Do
(DOW)
3712
$26
#2
Yaumati Ferries
HK. Electrica 171 Macao do Sandakan Lights ...
$254 Talephunes (old) ***$25.30
(new)...$10.40 10.80 Do.
312.40 China Bases.
Fractions
Do. (pre).....
Industrials
Malabon Sugars
Caldbook, ord.) 8.
Macgregora(pref.)8,Į
Canton-LouE.
Cements
Hopes............
20/-
321
$18
$2.05
$3.80
$23}
$1.85
Ch. E'tainments..............
$1.70
50 at.
18
MiscellaneomE
Dairy Farmas
Der A Wings.....
Amusemente ...
iiiii
week.
Mr. Chen Po-Hslen. Provincial Commissioner of Reconstruction who presided at the Conference, said that in view of the consider- able havoe wrought in the pro- vince by the flood of 1931 and the
drought of unprecedented
last the
Provincial year,
Klangsu authorities are determined to push forward conservancy work and agricultural enterprises as a means As little has or rehabilitation. been done in the past, the Fro- vincial Government is convening the present Conference with the
“BRITISH MADE” -IN JAPAN
British Merchant's Disclosures
39.10 $74 #441 89.40
Mr. Percy Fish, at the annual $51
meeting of Messrs. J. F. and H. $16.46 Roberts, cotton manufacturers and merchants, Manchester, told how he had rejected an invitation of the representative of a Japanese organization to buy, at advantage ous prices, grey cloth, which it
3270 $1.05
3132
13
$6.15
(now) 60 pts.
$32
383 34
Constructions, (old)] 311
Do.
Lane Crawfordu, ........!
Mackintosha xoqpino Nanyang Tobeco... $1.70
Suceres m Watsons
M. Greyhounds
70 eta, W. Pawells:
$2
$1.35
3. C. Enterprises... United Thestros... 6, Ch.G.6%1925G. Bde.
H.K. Gort, 4% Loans 61% 31%
It-
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
"QUOTATIONS
The demand for Electrics" con- tinues and shares are still sought atter at $71 Trams have eased off and can be obtained at $19.30. Kowloon Wharves were placed at $108 and more shares could be absorbed at this rate. HK. Banks and Unions are temporarlly hog- tected. Hotels and China Tights are a shade easier.
Buyers HK, Banks, $1380. Underwriters, $1.40 Wharves, $108. Hotels, $4.95. China Lights, $10.
it
Telephone (New), $10.10. Singapore Tractions, 8/-. Singapore Tractions (Pref), 20/-. Canton Ices, $23-11-
Govt. 4 per cent, Loan, 63 per
cent. Prem.
1.
Govt. 3 per cent. Loan, 2 per
lent Prem.
Sellers Wharves, $110." Dairy Farms, $237.
Sales HM Banks, $1395. Union Insurances, $440. Artamoks, 88 cts Benguet Consolidated, $14,
China Lights, $10.05,
"
OFFICIAL QUOTATIONS RECEIVED FROM MANILA
It may be noted, however, that the average land-holding of the farmers In this province is so small that it can only produce a very small margin beyond the nor- mal food requirement of the cul- tivator and his own family. To provide a substantial market ·for- home industry. therefore, this margin must be increased. cannot be increased by agricul- tural mechanization in the West-HK. Trams, $19.30 ern sense, for that increases the yield per man, but not per unit of land; and in Kiangsu and ir China generally there is a super- and shortage of fulty of men tand. Intensive cultivation is the only line of progression, and there much can be done by better seed selection and the use of fertilizers: substantial relief could given. by a more efficient and less waste- ful, adminittration, and, above all, It is a reform in land the cherished hope of the people of the province that the above! mentioned facts
taken may be Into consideration at the discus** sions during the Conference.-- China United Press (By mail)
CHINESE GOODS
To Be Exhibited.
In Singapore
Singapore, Feb. 18.
A week commencing July 6 1s the period fixed for the exhibition of Chinese goods to be held in Singapore by the Chinese Cham- ber of Commerce, say the "Singa-. pore Free Press":
This decision was made at the was suggested could be dyed and meeting of the Chinese Chamber printed in Lancashire and ship of Commerce on Saturday. The of the exhibition is to ped to Australia as "British goods."object
of Chinese the sale Mr. Fish said that he had been stimulate called upon by a representative of goods in Malaya..
offering a Japanese organization
Some time ago, a representative printed cotton plece goods. When
of the Chamber, Mr. Ng Ban Soo, he turned the offer down he wlett for China to sound manufac- asked if he would buy grey cloth, turers there and to interest them which, it was suggested, could be in the profect. Mr. Ng has now dyed, printed, and shipped as returned and at a council meet- stated Again he refused, and was
ing of the Chinese Chamber of then told that he would miss bust-Commerce held on Saturday after ness, as he would be up against noon he made a full report on his the competition of other Manches- ter houses, who had bought goods from that Japanese representa- tive.
tour.
Factory owners in Hong Kong are delighted with the proposed Chinese Products Exhibition and are quite keen to send down their products, which will be open for
If, added Mr. Fish, he was cor- rectly informed that goods of this nature were being shipped out of the country as "British made," sale," then it was high time that the 66 ets, export certificate regulation was Ughtened, and the declaration $1.26 amended to make it clear that
spinning, weaving, dyeing, print Ing, and fishing processes were all performed in Britain so ther goods could truthfully be described as "made in Great Britain,"
Do.
prem
372
3105
Wallace Harper H.K. Wing Ou
$104
Gbp Do Vibro Pileng
395
THE AIR ROUTE TO AUSTRALIA
Emergency Landing Ground At Bathurst Island
Darwin Work will begin shortly on the new emergency landing ground, which will be constructed at Cape Fourcroy, on the south-eastern ex- tremity of Bathurst Island. The landing ground is on the direct slt mall route between Darwin and Koepang,
The new landing ground will shorten the sea crossing of the Timor, as planes may then fly across the end of Bathurst Island and will provide an all-weather lariding ground for planes running
REICHSBANK RETURN
Berlin, Feb. 26.
Importers Enthusiastic,
on
(11.30 am. 27/2/35.)
Buyers Antamoks. Ctros. 80, Balatocs p.8. 37. Benquet Consols. "p.s. 12.10. Benquet Explors. Ctvas, 16. Bagulo Gold Ctvos. 33. Gold Rivers Ctvos, 19. Gold Creek Ctvos" 354... Itogons Ctros. 37. Ipos pis 1.05.
Suyoc Consols, etros. 24, Salactos Ctvos. 15. United Paracales Ctvòs 28.
Sellers
Antamoks Ctvcs. 82. Balatocs ps. 381. Benguet Consols. p.s. 12.30. Benguet Explors, Ctvos: 17. "Bagulo Gold Ctros. 334.
Gold Rivers Ctvos, 19). Gold Creek Ctvos 361, Itogons Ctvos 38. Ipos p.s. 1.15.
Suyoc Consols. Ctvos, 241. Salactos Ctvos. 154. United. Paracales Ctros 29.
Sales
Antamoks Ctvos. 81 Benguet Consols. p.s. 12.20, Benguet Explors. Ctvos. 184. Gold Rivers Ctvos. 191.. Gold Creek Ctvos. 354. Suyoc Consols, Ctyos. 24). Salactos Ctvos 15... United Paracales Ctvos. 284.
LADY BY CHOICE
Opens To-day At
The Queen's
Night Quotations
of New York Stocks and Commodities
Our offices are
open from 10 p.m.
until midnight... every night except Sundays and Now York holidays.
The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices t
approximately 10-minute intervals.
Thus, our clients have, on the same evening! quotations for the morning session of the New York Stock Exchange.
Advices of executions on orders placed during the night sessions are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
MEMBERS:
Federal Inc. U.S.A; Hong Kong.
S E. Levy & Co.
7. ICE HOUSE STREET
INVESTMENT BANKERS' BROKERS
NEW YORK COTTON EXCHANGE
COMMODITY HIGHANGE, IND, 3.T.
CHICAGO BOARD OF TRADE
CANADIAN COMMODITY EXCHANGE, LJC
CORRESPONDENT) X^3:
WHITE, WELD & CO., NEW YORK
NEW
YORK COMMODITY
Tel. 26631.
T
STOCK QUOTATIONS
AND
(Through Renter's (Agency).
Sterling, New York-London Cotton: March...
Cotton: July
Cotton: October
Rubber: March
Rubber: July
Rubber: September
Wheat: May
Corn: May
Last
February 27
Close Open 10.20 10.40 11.00
486 486 486
4862
12.37
12.28 12.28
12.28
12.49
12.49 12.48.12.48
12.41
12.41 12.39 12.39
12,55
12.58 12.57 12.81
1284
12.88 12.88
12.86
13.02
13.04 13.04 13.01.
971
971 971
Wheat: July
92
821 921
844
841 841
Winnipeg Wheat May
83+
831 837
STOCKS
American Smelting
337
331 33 33
34.
Consolidated gas of N.Y. Du Pant
.181
181
1827
181
184
931.
934
932
..931
93
E. Bond and Shard General Motors
447
41 41
41
30
291
201
291 291
Int. Tel and Tel..... Loew's Inc.
TZ 73 .72 71
Montgomery W.
National Distillers.
34+
347 344 341
347 241 241 244 241 241
26+
251 -201 27 261
New York Central
144
14% 144
15
Was
Standard Oil Co. of NT. UB. Steel
*301
394 394
-321
*32
321 32F
324
When "Lady by Choice" purchased by Columbia Studio for production, two names instantly flashed into the minds of the
producers. One was Carole Lom-Commodities Prices bard, who will be remembered for her recent fine portrayal of the temperamental stage star in 20th
loved May Robson... Century"; the other was the be-
(Through Reuter's Agency)
New York, Feb. 27 The reason for this spontaneous
NEW YORK COTTON association of play and players in
February 26 the minds of producers is obvious
Closing Chinese firms in Singapore are from the description of the story.
Closing. Opening willing to act as agents for goods Lady By Choice" which is open- Mar. 12.29 12.28 12.28 12.28 12.27 from China and from Hong Kong ing to-day at The Queen's Theatre May 12.42 12.44 12.44 12.41 12.42 They are enthudastic over im tells the tale of a fan dancer who, July 12.50 12.52 12.52 1248 12.49 adopte a Oct. 12.44. 12.48 12.46 13.41 12:41 porting Hong Kong manufactured a publicity stunt, goods oving to the fact that "mother." The "Mother" is a Dec 12.49 12.51 12.51 12.19 12.49 Hong Kong products are cheaper derelict police court frequenter, Jan. 12.51 12.53 1253 12.50 12.50 than those from China proper who has been arrested so many (1936). Most manufactured native goods times that even the sentencing Spot 12.55 require foreign raw. materials, SINGAPORE RAW RUBBER which are cheaper in Hong Kong Judge conalders her an old friend.
a free port.
Messrs. H. B. Joseph & Co The Reichsbank statement of Messrs. H. B. Joseph and Co. Te February 23 issued on Tuesday celved the following Straits Cur
Spot
April/Fune
21 down t 221 down i 23 down
Chinese factories in Shanghai, Tlentath and Canton, it is under stood, will also send their pro ducts to the exhibition
shows an increase in goldstock by rency quotations from Singapore ng ma 01 milion Reichsmarks to 801 for Raw Rubber while foreign currency reserves decreased 0:1 to 4.6, making the total note-cover same as before. namely, 84.7 million Reichsmarks. Note issue declined 113.9. to 3328.11 million Reichsmarks.-- Transocean Ruo Min,
July/Sept. Market Steady.
Messrs. Benjamin & Potts
Messrs. Benjamin & Potts have received the following Straits cur proaching Darwin when a fierce rency quotations (buyers) from
Singapore to-day for Raw Rub storm is brewing.
21 down 224 dov 231 24) down & co.
Mr. H. Snell, a Darwin business; ber:---
Spot man, who has secured the contract, will charter a lugger to conduct a site. Men with survey of stores and gear, will later be sent to carry out the work
April June July/Sept. Oct/Dec. Market.Qu
-ct.
The fan dancer role called for
beautiful,
12.50
NEW YORK RUBBER
New York Stock Exchange Quots- tions Appear on Page 4
March
May
July
NEW YORK Ola
beer, beau, alightly hard May 13.10 13.85 13:07 1233 12.05 September comes very tender and sympathe July 13.28 13.22 13:24 17.83 12.84 tie when she last finds the man Sept. 13.42 13.59 13.41 13.00 13.02 she loves. In the script Carole Oct. 13.50 13.49 asked 13.08 13.08 Lombard's personality and capabil-Dec. 13.68 13.63 13.85 13:23 13.23 itles were so clearly indicated that Total sales: - 971 lots the part seemed especially written with the star in mind.
CHICAGO WHEAT 971 973 971 976 971 911 911 911 92 921 201901 201 918 91
December
Old
1.99 200/01 2.01/03 " New New New
1.99 1.98/00 2.00/02 Old Old "Old 2.06 2.06/08 2.08/08 New New New
2.05 2.05/07 2.07/07 Old Old Old 211 2.11/12 2.14/14 New
New New
2.10 2.11/12 213/14
Old, Old
Old
216 218/18 219/19
New New New
2.15 2.15/16 218/19 Old Old Old 223 222/24 2.24/25- New New New -2.22-223/232.24/25 Total sales-Old: 13,000 tons, New:
19,000 tons
NEW YORK SILK 1.341.24 135 134 1.344
The response from Chinese manufacturers is considered very satisfactory and everything points to a very successful exhibition.
Asub-committee of five has For the role of the derelict gin- May dhound, remili cent of her great | July been appointed to draft the pre-character izat n. Lady for a Sept. Liminary arrangements for the Day May Robson appeared not Monday's sales: 10,910,000 bushels May 1.38 1:36 138 134 135 Singapore exhibition and com- only the obvious but the only choice, stroke of luck both stars were Twee, Lee Choon Eng. King prises the following: Mesere Lian, Lim Ban Soo and Tan Guck result,
Boon
Another meeting
of Con
held to-day in conne
Chin
and the
May July
Roger
CHICAG CORN
84841 847 841
801 80 BOT
80803
Mar
July 135 1.851 1:351 1.35 1.35 Total Eales 72 lots
MON
RAZA SIL