$1
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers Association
BLis
Yousical
Bayern
FRIDAY. MAY 17..
Day Jus
Ballers Balan Momba
ני
Banks
3030
10000 200
$1244
salt
2334
381
$15
11.5
K
3215
H.K. Banks
Bo. (London) - Chartered Banks ... Mercantile Bks. “A”
Do
ད
Hank of East Asia. Į N. O. & S. Barks
Am. O. Fin. Corp: ;) #4
Ch. Fin Corp. Ord. 3.
*
Do. Prot. 3.
Insera.nous
Canton IneuraLİCUDA .......
Underwriters
********* $990
1695
ต
£13
380
$350
Union Insurances ***
Unina Fires
$400
#200
Hi.k. Fires......
International Assos, S.
*41
Shipping
130
Douglases***
$38+
14
Steamboats
$30
Indos (pref).....................
$33
Do.. (daf) ***.***
65/-
Shelly......
#112
Waterboats
Miming
Pets Anitamoks......
$34
Bajatcos
21 66
Baguio Gold
811
Benguet Consolidated $:0
10 c
Exploration 19 otw
10 at
Do Goldfeld
8 st
Big Wedge ..................................
7 sth.
Gold Hiver....
20e
Gold Crook
Salacot
88 ats,
30 ot.
17/3
$14
United Paracaloa ...
Mining.....
Ipo Mining:...................
Itogons
Kallas
Langkats (single) 5.
Exploration....... Shanghai Loans 5. ltauby
Venezuela Gold Fidia.
guuni mini gumvi gỗ nitumi
Last Sale
$30
Stock & Div.
May 15 May 16
$35
Adams Express
14 63
BA/
Bił
Alaska Jun
(1.00%), 17
17t
Stock & Div. Gold Dust (1.20) Goodyear
Last Sale May 15 May 16
154
154
181
19
Allis Chalmers
Int. Cement.
281.
293
Am.
Brake Shoe
Int. Hary (60)
42 437
.: +
IN CO
(80)
Int. Nick (.80)
281
201
+
Amer. Can (4)
****** 1251
126
Int. Tel. & Tel
7
77,
Johns Manville
407
511
པ་་
Kennecott (15)
197
201
7. 04.
Am. Cyanamid "B"
Krog. Gro. (1.50%)
23
23
(25dr.)
19)
194
Lebunan (2.40)
773
783
Am For. 'Pw
32
4
Liq. Carb. (1)
301
301
28 ct.
Am. For. Pwr, $7.,1st
Loew's (1) ...
391
40
Pt.
19
191
Lorill (1.20)
21
21+
Am. Locomotive
131
141
McIntyre (2)
437
442
MA
Am Metal Co.
191
201
Mont, Ward
26
274
111.80
Am. Radiator.....
141
154
Nat. Bisc. (2)
.....
251
26
*
$5
Docks, Wharven,
Godowns, stu.
H.K. & K. Wharrel.
285
$84
Do. (Ex. Rights)
Do
(Rights)}
20 clai
141 Am Smelting
44
"45+
Nat City Bk. 1)
211*
211*"
SA
Am. Sug. Ret (2)
Nat, Da. P. (120).
15
151
14.10
Am T. and T. (9)... 119)
1197
Nat, Distillers
243"
29
Am. Tob "B" (5)
861
871
Nat: Pwr. L. (.80)...
$1
81
Am. Waterworks (1) 11
114
Nat. Steel (1)
50
497
(Cam. Rights)
Am. Waterworks, 36
pret (8)
NY. Central
17
174
63+
82
N. Amer. (50c. 4%%s)
14.
131
184 19
Anaconda Copper 15+
171
Otls Elec, (80)
161
174
110
毅
1987
Hongkows
Bulidings
24.05
#35
H.K landa..........
110)
$201
Providents (old ....
Do.
(LGW)
H.K, W. Locks
S. China Moturi ⋅ A '.
Do.
오늘 하
Shangbai Docks S.
New EngineeringsS.
Lands, Hotels, and
H.K. Hotela.
Dh. 4% Debentures Buangi lande..... Metropolitan Lands
H..alties-----
Chiun
cte
Atch. T. and 8. F.
(2sd.)
Pac. Gas (1.50)
197 197
42
43+
Fac. Ling. (3).
281 29
عاء 20
Atlantic Ref (1).....
17 Atlas Corpn.
*26) 271
Packard Motors
3
41
时
101
Pennroad Corpn.
2
21
Aubur
Automobile 201
22
Penn. Rly. (1)
213
22
$0
Baltimore & Ohio... 11:
11
Phil. Petro (1).
211 224
Bendix Aviation
14)
154
Pierce Arrow
.....
Bethlehem Steel
257
27
Pub. Ser NJ. (2.80) 293
30
Boeing Airplane
"84
84
Radio Corpa.
51
Borden Co. (1:60)
24
231
Repub Steel
123
131
+CB
+36
Borg Warner (Idr.). 344
35
Rey, Tob "B" · (3)
494
49
3.00
Case
584
60
Schenley
241 241
Canadian Paclic"...
107
11#
Seara Roebuck
39
391
Caterpillar Tract
471
491
Shell Union Oil
*4.10
Ch. Nat. Bk. (1.40)... 21f*.
214*.
Simmons Co.......
81
83
$123
Do. Debeatures 3.]
C'Peake Corp. (2.50)
Soc.-Vac (80)
141
141
19)
Humphreys
19
C'Peake Corp. and 434
437
Sr. Cal. Ed. (1-50) 15
15
New Asia Hotel
35
$75
Asa Healtics“A” N.
Ohio (2.80)..... 431 432 Chrysler (id) ......
Southern Paclic
14
173
451
481
Southern Riy.
11
107
$10
Do
$00
Chinese Esta kom.........
Cotton MUL
Col. Gas & Elec..... 61 Comm. Solv. (80)... 204
.61
Stan. Brands (1)
14
15
212
Stan. Gas
4
Comm. Sthm.
11 - 1
Sta. Olt Cal.. (1)
371
38
$8.30
Ewus
15.10
189.
Bu Cottonriuld S.
Comm Sthra.
$4
Sta O NJ (1)"
4041
47
167
$42
Du
DOWS.
cum. Pf. (6)
411
$44
381
89.40
Wing On Textiles(15.)
535
Cons. Gas, NY (2)_221
Publie Utkins
Cons. Off"(28)
9
13
Tramways
Peak Trains (old) .....)
$13
Cont. "Oil (25)
211
Corn Prod (3)
$6
Ua.
(W)...
741
*80
Sur Ferries
$80
Coty The.
320
Yauunati ori
$17.10 Cwn.
Cork $2.70 P.
28.35 $8.40
18.34
Chius Lights
$9.85.
$8.10
(2.70)
..
46 464*
60
HK. Electrica
$80
Curtiss Wright
• $232
Maca dú."
16
$19
+
$110
10/3
20/0
181
$194
Caldbeck, `gjonų så
$13
Macgregora pral.)8.į
$1.80
15.-0
$2
314
Dairy Farras
1 $1.85
Amusementa
| $8.40
$1.40
146 obs.
$31
Band kan laghts
Telepuunes (ald)
(new)...
Cusun Buses De
LiQ. (pret.)...
industrials
Malabon Sagar
3.9.20 18.30
Curtiss Wright "A" Delaware & Hudson Douglas Aircraft
81
*261
Du Pont (2-602) ..... 100 East. Kodak (4) ..... Elec. Autolite Co....
1004
Canton Ico
Cements
Kopas....... ikas
Miscellaneosa
$1,80
Elec. Bond & Share Elec. Bond $5 PT (5) 49) Elec. Rond $8 PI (6) 53 Elec. Power & Light
Fox Film "A" ******** Gen Elec. (60)...... 251
224 61
21
111
Gen. Foods (1.80)
35)
$14
::
Gen. Motors (14)
32, 331
$2
www
331
$2
$1.35
DTML.
DIEM.
Ch. Etainment...... $5
Constructions, (old)]$1.30
Do.
(new) 30 ct.
Lane Crawfords........
Mackintosha........ Nanyang Tobuco....
Sinceres........ Warsuna
70 ota. Wm. Powells
M. Greyhounds.....
S. C. Enterprises
9. Ch.0,5/19254.9Bdm. 99%
H.K. Gort, 4% Gonna
Do
Wallace Harper......]
3166 HK, Wing On
乃
Bhai
MR. ROOSEVELT
CRITICISED
Do.
Vibro Pileng...
(Spe«la) Air Mail Service?.
London, April 30,
ingly
significant pointer of all.
Куед in personal matters criticism of the President is grow. ing.
Every year since his election Mr. Roosevelt has spent part of his b The tide of opposition to Mr.liday fishing on board Mr. Vincent Roosevelt "soams to be rising steadily.
There are signs in abundance that the credit of avon the most popularly acclaimed ad- ministration must decline.
The growing popularity of Sens tor Huey Long is one.
stor's 1,300-ton yacht Nourmahal.
This year his form of holiday: has exposed him to criticism a the of his Press and among some Democratio party followers...
that this old-style millionaire's The opinion has been expressed! The fact holiday was unlikely to be popular. that Father Coughlin, the radio with the more Hadical supporters priest, "has now supplanted the President the moct popular of the New Deal. broadonster 13 the States is other.
That the Government takes the views of both these critics increa+
The intellectuals in particular have given vent to their" dis- appointment that the President should prefer .... the company ol "socialites" on his holidays.
Wheat; July Corp: July
General Motors
Int. Tel. and Tel. Loew's Inc.
"Montgomery W
Gen. Rly. Big (1)... 23
Gillette Safi (1)
Glidden Co. (1)
·151. 28
• ***** *** E F#78888
221
647 64
231 341 351
Ꭶ.
51
(1.40)
603
59
Un. Pac, Rlys. (8)... $6
971
HONG KONG DAILY PRESS, SATURDAY, MAY 18, 1935.
NEW YORK STOCK EXCHANGE
New York: May 17:
(Huróngh Renier's Agency]
QUOTATIONS
New York/Londoa Cross-rate New York Cotton-July New York Rubber-July Chicago Wheat July Chicago Corn -July Montreal Silver Silver-Oficial
Laat Today's High Low Close Close 4.89 8 487 4.885 1.9 12:5 11.9 1.00 12.47 1.39 12.31 1243
すか
Change
11 up Weak .09 up
Iz up
RUP
"
Dec.
834 81 8 23. -7-190 76.90 80 80 - 79,856
70 71
3 up
.96 off
¿ off
5
Dow Jones Averages High-1933/34 Low: May. 15. May, 16 Change
20
ed
3210
10 Industrials
11481
54.56 114.81
100
cd
$338
20
Railt Utilition
3496
*7.11 3.7
31.03
14.39 19.18
od 1400
40 Bonds
$7.17
$183
11 Commodity index
85.25
84.73 95.15 41.98 59.02
Am. Coram, Alcohol
(25)
Congo-Nairn (1.60)
118.58 17 up 39.00 42 up 1.36 I up 99.32 .33 up 52.-3
Ster. Pro. (2.80) Studebaker Corpo Texas G. Sulp (2) Transamerica '(1,12}) Va. Car. and Carb
93.UP
SINO-JAPANESE RELATIONS
Tariff Hint
(From Our Special Correspondent)
Canton, May 18..
Owing to the improvement in Sino-Japanese relations, the Na¤¬ king Government is stated to have hinted to Japan that the forth- coming new tariff will not affect Japanese goods and may be alightly more favourable than the existing rates in force since July 1, 1934.
The present tarif is a conces~ ston to Japan following represen- tations by Tokyo because the rates an her exports duch as sugar, sea delicacies, textile goods, paper and coal are lower than before. Tho projected change may bring about further reduction in favour of exports from Japan.
Other fareign, goods La China will be. however, subject to a higher import tariff ds a means to increase revenue. whereas export duties are likely to be lowered with a view to protecting and encouraging domestic Indus- tries. Certain import duties and excises will be abolished
Enforcement of this new tariff, It is reported, will take place some time in July. Strict secrecy is kept as to the scale of increase.
Meanwhile, the Nanking Goverri - ment and Japan, are still negotist- ing for the terms of co-operation. Mr. Wang Ching-Wel, the Chinese Foreign Minister may not ro to Japan, as his visit is not consi- dered important.
Cash Loan Question The delay in forming definite proposals is due to the reluctance of the Japanese Government to Krant a cash loan to China. Nanking is not enthusiastic of a Japanese offer of a goods loan but needs hard cash to replenish the silver märkets following heavy buying of ilver by the United States..
Moreover. Major-General Kenji Dolhare, the "Lawrence" of Man- churia, has advised the Japanese Government to proceed cautiously with this country, as in his trip to South China he was not sure that anti-Japanese sentiment has subsided.
Apart from the terms of Sinu- Japanese co-operation, Tokyo hás # complete grasp of the present political and economic conditions 12 China through the
recent Shunghat conference of Japanese consuls general from different parts of the country. Each consul reported on the conditions on his consular district and suggested ways and means of improving Japaness trade.
Ad
Investment Securities and Commodities
We offer you
Daily Quotation Service.
Every Facility for Trading through our LONDON, NEW YORK, CHICAGO, SAN FRANCISCO, WINNIPEG, MONTREAL, SHANGHAI & MANILA
CORRESPONDENTS.
merican. Asia Life Bldg.
Oriental Finance Corporation
14, Queen's Rd., C
MEMBERS,
Hong Kong
S E. Levy & Co.
7, TOR HOUSE STREET INVESTMENT BANKERS BROKERS
NEW YORK CUTTON EXCHANGE
COMMODITY EXCHANGE, INC. S.T.
CHICAGO BOARD OF TRADY
CANADIAN COMMODITY ELOHAN -R, ING
CORRESPONDENTS EM
WHITE, WILD & CO., NEW YORK
ANCHOR LINE
14
Cunard Company's Opposition
Special (Air Mail Service)
Tel. 26631
Commodities Prices
(Through Renter's Agency)
New York, May 16. NEW YORK COTTON
Closing Opening Closing 11.90 -11.81/81 11.88/88 11.94 11.89/89 11.94/96 October 11.83 11.81/80 11.86/87 December 11.89 11.87/85 11.91/91 January 11.04 11.89/89 11.06/95
May July
(1936)
March
Glasgow, April 30, There was an unexpected de- velopment at to-day's meetings of shareholders and creditors of, the Anchor Line (Henderson Bros). Spot Ltd. "The meetings were called to pass a resolution placing the com- May pany
in voluntary Hquidation In July view of the proposed sale of the Sept.
neet to a new concern.
It was disclosed by the vice-
Cowan
11.87 11.34/94 12.02/02 1235
12.35 NEW YORK RUBBER
12.19 12.268735A 12.33/33 12.31A 12.40/40 12.43 12.53/54.
12.43/43 12.53#/554 13.48 12.834 12.60/60
Oct,
A new tariff favourable to Japan will further increase her exports
Dec.
12.62 12.74/74
12.76/76
Un. Aircraft Corp... 13
13
Un Air Line Trans...
67
United Corpn.
27
27
Uni, Gas Impr. (1.20), 134
13+
Univ. Leaf Tob, (2) 57
UB. Pipe Fdry. (50)
57
U.S. Rubber
124
13}
RAW RUBBER
US. Rub. $8.. 1st Pf. U.S. Steel
32
34
327.
341
U.8. Steel $7 Pf. (2) Vanddium
12
Vick Chem (2.40%)... Warner Bros. Picts.
134 3511 361
37
31
West. Union Tel.... West Air Brake (1) 22
221
West E. & M. (55).. 401
49
rubber.
Wilcox Oil and Gas
W
Spot...
Woolworths (2.46).
June
591
60
Call Money.......
Jaly/Sept.
10%
榴
$31
201 cts. up
21 cts up
221 .cts. 'upi
Market.Steady.
100
• Bid
1 ex. div.
3 possible mutilation
58
13)
155 stu
$1.38
世
100.
100
$31
Last
May 17
Close Open 10.20 10.40
seriously is the
точ
Sterling, New York-London Cotton: July
4894
11.96
4901 4901 11.99*11,97
11.00 4301 11.98
Cottan: October
11.87
11.89 11.87 11.88
Rubber: July
12.43
Rubber: September
12.55
947 33
12.50 12.45 · 12.45 12.60 12.57 12.68
031 931
.821 821
Winnipeg Wwheat: July
88
STOCKS
American Smelting. Consolidated gas of N.Y. Du Pont
454 221
45 454 451
23
447
1229
1004
EL Bond and Share
73
33+
334 331331
77 82 B
81
401
40* 401 40
40%
274
#273 271
National Distillers New York Central
25
25% 254 251
251
271
171 17 17
-“Standard Oll Co. of N.J.
UA. Steel
47 461
34)
NEW
YORK COMMODITY
STOCK AND
w
QUOTATIONS
(Through Reuter's Agency)
114
100 1001 100 1002
78 71 ዝነ
341" 341
Latest Singapore Prices
BENJAMIN & POTTS Messrs. Benjamin and Potts have received the following Straits cur-
rency
quotations (buyers) fram
for.. raw
Singapore yesterday
Oct.7Dec.
Վ
20. cis. up i
B. B. JOSEPH & CO.
Messra, H. B. Joseph and Co., re-
ceived the following Straits Cur- rency quotations from Singapore for Raw Rubber.
Spot July/Sept.
Shanghai, May 1
Mr. Cowan Douglas, the vice- chairman, read a statement on the position of the affairs of the com- pany, and pointed out that the ilabilities од December last
amounted to over £2,000,000. He explained the negotiations for the sale to the new company which is to be managed by Messrs. Runci- man (London), Limited.
It was clear, he added, that shareholders, could not expect to
May July Sept. Wednesday's sales: 14.865,000
bushels CHICAGO CORN
874 881 881
May
88 881 July
811 811 821 83 Sept. 751 757 761 - 771 773 Wednesday's sales: 5,063,000 bushels
May July
"
WINNIPEG WHEAT
881 801 361 871 871 873 87% 87% 880 881 NEW YORK SUGAR ·
No. 1; No. 3 No. 1 No. 3 Con. Con... Con. Con.
ung.
receive anything, while a large May 2.48 2.44 2.48A proportion of the sums due to July 2.47 2.45 2.488/48 2:443/48 creditors would be unsatisfied,
Sept. 2.54 2.51 2.55/55 2.51/51 Dec One Dissentient
2.82 2.57 2.828/64 2.56/57A The meeting was then adjourned Jan. 246 2.39 ung. 2,38/39A until later in the day in the hope Total sales: No. 1 Con.: 1,000 tons,
(1936) of
-the overcoming
difficulties
No. 3 Con.: 5,000 tons. which had arisen. After, further
NEW YORK SILK adjournments the resolution was May 1.354 1.36 137 put to the meeting and on a show July 1.344 1.364 1.38 1.37 1.38 1.384 1.39
"
of hands was passed with only one dissentient, the Cunard Company Total sales: 146 lots
Sept. 1.34:136 1.35 1.36) 1.27
MONTRÉAL SILVER
77.159 77.408 77.10/80 78.15 78.20/75 78.00/10r 78.851 78.90/79.45 78.657 Dec. 20.60 79.80/81.00 79558 Total sales: 39 contracts
"NEW YORK' METALS
May 13 May 16
1.64 88.70 49.00
Copper, January... '7.58 Tin, January
Company. **
A plot të starí a revolt in Kuang-] in a prospectus as vendors without tung has just been uneatbed and previous consultation with the several leaders of the reactionary: shareholders of the former com- party have been arrested. The re- I pany, together with the implica- actionary party is known as the tion that these companies are to longer the property of the Anchur Tatung National Salvation Army receive a share in the proceeds ut and has been formed by Chu the sale, creates the risks of some Chao-wen, Yuan Tal, and Teat legal action against the companies Teng-hul They planned to smug- or their directors. · gle firearms and ammunition re- We ought to have been co "quired for the revolt from Macao sulted before the terms of the to the Chungshan District which prospectus or the terms of the they intended to use as a bake of agreement for sale were printed. operations. One of the party's Consultation would have altered members, however, recently surthe form of both, and in regard to rendered to the Canton authori- the latter, would have prevented tics, resulting in the discovery of the Vendors from including in the the plot and the arrest ofta agreement for sale such things a leaders, according to the Chinese the rights to the Anchor Line ag press.
in the Calcutta trade which is no · pointed,
"If the Union Bank will give me Cunard Company in undertaking to indemnify the Cunard and An cher companies and all their direc tors of whatever date against the consequence of any legal action the Cunard Company is prepared to Instruct its representatives to abstain from voting."
It was stated at the meeting that in view of this devel went the matter would be taken to the Courts, to have ... aliquídá:
Douglas. Jan. to China, Japanese factories are chairman, Mr. turning out goods specially to that the resolution was being op- Total meet the needs of Chinese con posed by the Cunard Steamship sumers,
low Company, who held all the Ordi- while prices are
nary shares of Ancher Line and enough within the means of all
had the controlling vote.
12.09 12.82/83
12.86/85
sales:
394 lots CHICAGO WHEAT
DIF 911 911
921 927
921
931
924 92% 93% 94 037 937 941 047
51
81
ti
Buyers 101 up
Sellers' 201
21 up
214
Oct./Dec.
224 up ↑
221
Jan./Mar. Market-Firm.
· 231 up ź
234
KUANGTUNG REVOLT NIPPED IN BUD
whose representative demanded a poll. This resulted in a big ma- jority against the resolution.
At the creditors' meeting later the following telegram from the Canard company was read:"2.
"In our view the incinson of the Anchor Line and Cunard Company
May
July
Sept