12
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Beyru
*
Kozulmal
FRIDAY, MAY 24,
Banks
Sharebrokers'
tl.. Bucks
Do (London) ...
Mercantile Bis. "A"
Do.
D
Am. O, Fin.Corp: B.;
Do Pref. S. Insuraneas Cantos Inseraudee....
Underwriters.
Association
Harary
***
R
1317 t 3 180
ex div. $203
100 ot*,
$1,000)
£123+
2171
Chartered Banks ...
3311
£13
381
Bank of East
Cat...!
N. C. & S. Backa
$15
Ch. Fin Corp. Ord, S.
31
ex li $203
31
Union Insura
***
e d
3335
China Firs
ed
$400
H.K. Firea
$200
Laternational Asson, H.
341
Shipping
$581
Douglases... #394
Steamboat ...............
$4
$30
indos (pref) on
$33
Do. (dot) ..................
726
Shells
ota
$34
::
Waterbosta
Mixing
Antamaoks....
Bulatcos!
1 cta. Baguio toli
Bengast Consolidated $10
Do. GoldBeld...
$3340
"$400
#135
3530
HONG KONG DAILY PRESS, SATURDAY, MAY 25,
THE UNION INSURANCE
SOCIETY
(Continued from Page 71
CHAIRMAN'S SPERCH
The Chairman' rald" Gentlemen-The Agures are by affected again considerably Exchange, the Hong Kong Dollar at the 31st December being taken at 1/8 as compared with 1/51 the previous year.
The Accident and General Ac- count has been dealt with in a similar manner to the Fire Ac- count, and the Front of £2.352.0.8 carried to Proft and Loss Account
With these remarks I beg to propose the adoption of the Re- part, Revenue Accounts and Balance Sheet as presented.
Seconded by Mr. G. S. Archbutt the motion was carried, un- animously.
The drop in Interest received was mairily caused by Exchange, and in consequence while your Directors recommend the same Dividend and Bonus Dividend as last year, the Exchange Bonus Dividend of $2 per Sharehas, Miskin been dropped.
and a Profit of 886,958.83 carried The
1935.
CHINA'S BUDGET
New Taxes To Be Introduced
Nanking, May 2+. Commenting upon China's 1935 Budget before a group of Chinese newspapermen, Dr. H. H. Kung. the Finance Minister, declared the Government would adhere to its polley of curtailing expenditure and developing its sources of re- venue,
Dr. Kung announced that steps were being taken to introduce in- come and inheritance taxes, not only with a view to securing more revenue but with the object of bringing about a more equitable distribution of taxation.
OTHER BUSINESS Mr. J. Owen Hughes and Mr. G. were re-elected Directors on the proposition of Mr. John
The Central Bank's scope of Turning to the Revenue Ac-Bentley, seconded by Mr. V. R. V.
activity would be enlarged to en- counts you will see that the 1933 Ribeiro.
to assume the lead in Marine Account has
Messrs. Lowe, Bingham & Matable It been closed
and Messrs. Linstead & stabilising China's economic confl~ thews Davis were re-elected Auditors at to Proft and Loss Account. Marine Fund at the end of the remuneration of 81.500 each
the
of proposition additional da
Mr. including Reserve amounted to $703.479.64. J. W. Alabaster, seconded by Mr.
beenB. M. C. da Cunha. The
Fire Account has closed by setting up the customary
The Chairman.-That is all the Reserve of 40 per cent. for unex business, Gentlemen. I am obliged you for your attendance. pired liability and reserving in to full for all known outstanding Dividend Warrants are now ready lasses The Profit of $47,172.88 and
$35
TIM
JUF
year
167 cla.
18 "ཟླ
10 e 10 st
Du
Exploration 12 ots.
& ets.
Big Wedge..........
7 ca.
7 et
Gold Riverv
1.30) cla
Gold Creek.
United Paracalos
128 otá
12 ct.
Salacot Mining ..........
11 ots
sets. po Mining.
30 atx.
18/.
$14
"B"
15
185
$54
7 cts
20 038)
774
Langkats (single) d.
Explorations...... Suargui Lonus. d.
Kauba
Venezuela Gold Flda.
Docks, WharTER,
- Godownia, eta,
H.K. & K. Wharves,
(Cum. Rights)
Do (Ex. Rights!
Do. (Rights)
Providents (old)....
Du.
(120)
H. K. & W. Docks
S. China Motor 'A'
JJJ,
$110. Shanghai Docks S.
15
Nuw.Engineerings,
1207 Longkewa
$123
..... 5.
Lands, Hotels, and
Buildings
H.E. Hotels... HK lands......... D. 4% Debentures
Sagual Lands
antropion Lands..
1. C
1.bian D
Do. Debonita, ens.
Humphreys ***.
New Asia Hotel
Ama Houltice “A”.
Du
"B".
Ubiacao EsIALESU.....
Cotton Mu
Ewoo.............
Du.
331
$10.1
$20+
$10
17
181
75
$10
$90
$8.30
Sun Cutterid,S.
$13
(new S.
Long Sings.....
Wink On Textiles(S.)
Pubilo Utitlem
Cramways M
36
$77
Star Ferries
Tractions
Du. (prot.) *****]
Industrials
Malabon Sugara
gumigi
14
18 $112 $43
36
137
12
25 che
20 ein
དྷྭ། '
$110
$ 00
*
* I
the
|
may be had on application
has been carried to Proft and at the Secretarial Office. Loss Account.
The Accident and General Ac- dealt count has been similarly with, and the Pront of $13,768.00 carried to Profit and Loss Account,
With these remarks I beg to propose the adoption of the Re- and port. Revenue Accounts Balance Sheet as presented.
The motion was seconded
by
Mr. G. S. Archbutt and carried"
unanimously.
OTHER BUSINESS
Mr. J. Owen Hughes and Mr. G
Miskin were re-elected Directors on the proposition of Mr. B..M C. da Cunha, seconded by Mr. A A. Alves.
Messrs. Lowe, Bingham & Mat- thews and Mesars. Linstead & Davis were re-elected Auditors
remuneration of $1,500 each
of the
Mr. propositioni John Bentley, seconded by Mr. F.
A
GN
H. Farne.
to
you
The Chairman-That is all the business. Gentlemen. I am obliged for your attendance. Dividend Warrants are now ready and may be had on application at the Secretarial Office.
BRITISH TRADERS' IN- SURANCE CO., LTD.
The annual general meeting of the British Traders' Insurance Co., Lid was next held.
Those present were:
THE
AT HOME
fittingly
The Centenary was
Amongst those present at the function were the Hon. Mr. J. Owen Hughes, Messis A. W. Hughes (Manager), T. A. Mitchell. H. C. Gray, G. S. Archbust, N. V. A.
MKMARRJE
S E. Levy & Co.
7. KE HOUSE STREET INFESTÜENT BANKERS + BRorras
NEW YORK CUTTON EXCHANGE
COMMODITY EXCHANGE, INC. ST.
CHICAGO BOARD OF TRADE
CANADIAN COMMODITY EXCHAŃSK, Inc
CORRESPONDENTS P`@
WHITE, WELD & Co., NEW YORK
Efforts would also be made to bring about a uniform
Currency for all China, the Finance Minister stated.- Reuter,
NEW YORK
STOCK EXCHANGE
SWITZERLAND'S CLAIM REJECTED
War Loss Compensation
de-
(Inrough Kenter's. Agency)
QUOTATIONS
New York: May 24.
||
New York Loudon Cross-rate
Today's
Last High Low Close Close
4417 1991 4.99
4.04
[201 11.83 19.08
11.95
Chinge up Erratic
13 12.68 12.64 12.5% .0% off
HET MET
Now York Cotton-July New York Rubber-July Chicago Wheat July Chiesgo Corn -July Montreal Silver --Dec- Silver-Official
Dow Jones Averages
120 Raili
celebrates when an "At Home (Special to the "Hong Kong Bally
Press" (L'opyright).] was held after the annual meet-
Geneva, May 23. ing, and it was 11 very happy
The League Council has gathering that drank the health
finitely rejected" Switzerland's of His Majesty the King, proposed
claim against France, Germany. by Mr. Stanley Dodwell,
and Italy for compensation for lcsses suffered by Swiss nationals during the war. The question has been studied by a special com- mittee of three appointed for this purpose and which came to the cunclusion that although
Council League
Is competent, under Article XI of the Covenant, to decide also those matters in dispute which do not endanger peace-such as the present matter yet it is unable to judge the case advanced by Switzerland | Am. Brake Bhoe without assuming the functions of an arbitrator, contrary to the provisions of the same article. Am. Comm. Alcohol
The Council adopted the Com- (-25), mittee's report on Thursday ́and Am. Cyanamid "B" Switzerland's claim for 30 milljon, |- (.25dr.) francs compensation has been. Am For. Pwr rejected accordingly.— Troneegan Kuö Min.
Croucher, C. B. Brown, J. Bentley, D. J. Lewis, the Hon."Sir William Shenton, Sir Robert Ho Tung, Lt. Col. H. B. L. Dcwbiggin. Messrs. D. Drummond, J. W. C. Bonnar. H.. R. B. Hancock, A. L. Shields, M. T. Johnson, the Hon. Mr. J. J. Paterson, Hon. Mr R. H. Kotewall. Messrs. D. L. King, R. L. Stewart, F C. Hall, C. E. Sturt. G. G. N. Tinson. S. A. Bleap. H. L. Schultz, G. E. Costello, W. L. Marshall. F. D. Tracy.. Dr. H. Burton Messrs. G Blaker. F. C. Hailey, C. c. Knight, W. F. Summons, J. R. Hance. C. F. Thomas, L. N. John- son, T. J. Armstrong, F. Smith and many others.
Mr. J. A. Plummer.
BETTER SHIPS PLAN.
Permanent Subsidised Scheme
In Japan
:
GERMAN PRESS VIEW
the
(80) Amer. Can (4)
Am Sug. Rei (2)
prei (6)
The
Am. T. and. T. (9)... 120 Berlin, May 24.
873 Am. Tob "B" (5) ... "Conciliatory and generous" is
Am. Waterworks (1) 10 the description of Mr. Baldwin's Am. Waterworks $6
BD reply to Chancellor Hitler's speech
Press: alven by "Nachtausgabe" says "it shows a new attitude of the British leaders but we are not so sanguläe as to
Atlas Corpn. of expect any radical change in the
British policy."- Heuter
Messrs. 8, H. Dodwell (Chäir man); J. Owen Hughes, M. T. Johnson. T. A Mitchell, J. A. Stimulated by the enthusiastic
W. Plummer
welcome accorded the second sub- (Directors); A. Hughes (General Manager); J. W. sidised ship-building scheme-the Alabaster, G. S. Archbutt, John subscription to which as already Bentley N. V. A. Croucher, B. Mnoted, exceeds the official limit of C. da Cunha and V. R. V. Ribeiro 50,000 tons-the Department (Shareholders).
Communications is now setting its hand to another scheme for the improvement of Japanese ship- ping, says the "Japan Chronicle." The new scheme" will be of a more permanent nature, and is to from the next be put in force fiscal year.
18.10
187 341
89.40
$35
$12
B12
st
Peak Trams (old)...
Lo,
(new)...
14
$78
$20
Yaumati Ferries
317
18.15
China Lights
$8.20
انات
H.K. Electrics
156
$234
Macau
do.
Baudikan Lights ...
$10
Telephones (old)
Do.
(W)...
$14
Cuina Buzos ................D.
10/6
22/8
$81
$19
Caldbeck, (or) .Į
$13
Musgregora f(pret.)8.j
11.80
Canton is
$8.20
JZ
Hapus cu present
štisocllandoME
#14
Dairy Farma
$1.50
Amuseidente ...
38.40
Ch. Etainmonta....
$1.40
Constructions, (old)!
41.30 25 cta
45 ot
$31
13
58
38
Account.
$31
$3
150 ot..
12
$135
$1.30
બ
Cements
ar
:*
$1.80
26.80
Σ
$12
J
CHINESE IN SIAMĮ
........
co
891
90
81 81
up
up
79.00 7.00 3 off
781 78
י
Low: May. 22. May. 23. Change
Stock & Div.
30 Industrial
High-1933/34
118.58 42.96
84.38 118.21
118 1 37 up
27.14 31.18
31.20)
O up
20 Utilities 40 Bonds
31.00
14.38 13.30
14.19
.11 off
97,47
84.73 95.13
96.17
.04 up
11 Commodity index
65.23
41.98 -08.92
59.23
27 ap
the
Last Sale
Last Sale
Stock & Div. Adams Express'....... 61 Alaska Jun (1.00) 18 Allis-Chalmers
May 22 May 23
May 22 May 23
6 174
Gold Dust (1-90)
15
151
Goodyear
191
20
Int. Cement.
301.
301
Int. Hary (60)
43
44
Int. Nick (80)
29
29+
127
1263
Int. Tel & Tel
Ek
B1
Johns Manville
491
50
Kennecott (151)
+21
201
Krog. Gro. (1.50z)...
241
242
196
ति
197
Lebman (2.40)
781
781
31
Liq. Carb. (1)
301
301
Am. For. Fwr. $7 1st
Loew's (1)
414
414
P
191
18
Lorii. (1.20)
201
204
Am. Locomotive
13
13
McIntyre (22)
421
423
Am Metal Co.
21
211
Moat, Ward
27
27
Am. Radiator
111
141
Nat. Bisc. (2)
26
26
Am. Smelting
451
461
Nat City Bk. (1)
211*
21 *
+
Nat, Da P. (1.20)...
151
154
1184
Nat. Dillers
263
251
871
Nat. Pwr Lt. (80)
8
..71
103
Nat. Steel (1)·
+491
491
N.Y. Central
161
161
624
N. Amer. (50c. 4%)
13
134
1
177
177
Otis Elec. (80)
.18
181
Pac. Gas (1-50) ...... 198
198
412
408
Pac. Ling. (3)
291
291
28%
271
Packard Motors
4
4
.91
Pennroad Corpn.
11
21
201
Penn. Rly,' (1)
102
10%
Phil Petro (1)
21 221
21 227
142 142
Pierce ArrOW ......
271
Fub. Ser N.J. (2.80)
7
Radio Corpn.
29291
52
51
23
221
Repub Steel
134 131
37
Rey. Tob "B" (3)
50
11+
Schenley Bears Roebuck
50 271 274
·394
40
43
Shell Union Oil...
-211"
Simmons Co......... So-Vac (80)
81 82 151 151
421-
8rm, Cal Ed. (1-50) 15+ 151
144
481
Southern Pacific Southern Rly.
184 181
101
10
Gi
B
Stan. Brands (1)
154
15 t
201
Stan. Gas ......
31.
3
1
Sta. Oil Cal (1)
38
381
J'
Sta O NJ (1)
50
497
40
401"
Ster. Pro. (2.80)
621
621
Studebaker Corpn
222
231
22
22
101 101
Texas G, Sulp (2) |.. 36 Transamerica (1.12) 61-
38
67"
23
72 731
Ua, Car and Carb
(1:40)
801 60
Un Pac. Riys."(6)... 951
Un. Aircraft Corp.... 131
-951 124
40
Un- Air Line Trans... 81 B
Curtles Wright Curtiss Wright "A" Delaware & Hudson
21
21
United Corpn.
21
Unl, Gas Impr. (1.20) 127
12
Univ Leat Tob. (2) 592
62
4931 4931 4931
11.95
11.94 11.97 11.97
Douglas Aircraft 261 281 Du Pont (2802) ..... 1014 "100 East. Kodak (4)
US. Pipe Fory. (50)
US, Rubber
US. Rub. $8 1st, Pf., 341
241
11.69
11.67 1169 11.63
22
US, Steel S 341
341
12.58
12.72
12.50 12.52 12.508 12.61 13.84 13.618
Elec. Bond & Share 62
67
US Steel $7 PT. (2)
Vanddiuin Wa
··134.
13
901
814
B01 891 80% 804
531 Viex. Chem. (2.40%)... 35.
351
21
Warner Bros. Picts 4
Winnipeg Wwheat: July..
871
14
148
West Union Tal
261
281
West Air Brake ¥1) 21
STOCKS
401 481 461 481
48
Consolidated gas of N.Y. Du Pont
22
23
227
1001
100
100
100
1011
醋
酵
7
1
31
32
32
321
B
inonths ago, when he resigned to
was senior assistant vati, some Glidden Co. (1)
The deceased was employed for Gen. Foods (1.80)-...
32 alx or seven years by the principal Gen Motors (id) Japanese establishment in. Serem Gen. Rly Bigs (1)... 21 ↑
.141 ban, namely, Fuyo Shokat, and Gillette 821 (1)
341
34
活躍
Wilcox Oil and Gas
142
Call Money
·281
413 414
41. 411
7417
274
27 AM
27 271 271
open & business for himself at Kajang,
f. ex. dlv.
221
West E. & M. (65).. 49:49.
Woolworths (2-40) 69% 601
possible mutilation
1%
264
264
265
261 201
|16| 181 200 15)
17:
10%
49%
491 40% .49%
49%
341
On Saturday morning he left
his wife and children in the shop was the last heard of him unti into Seremban to his dead body was discovered on and came
transect some business and that the estate at Pajar.
His friends In Beremban are
quite at a loss to account for his
death,
Anaconda Copper Atch. T. and 8. F.
(25d.) Atlantic Ref (1) ....
Auburn Automobile 201 Baltimore & Ohio CHAIRMAN'S SPEECH
Bendix Aviation The Chairman, said:
Bethlehem Steel Gentlemen-The 1933 Marine
Boeing Airplane Account has been closed and the
Borden Co. (1.80) Profit of £14,855.2.8 carried to The
Borg. Warner (1dr.) 383 Profit and Loss Account.
Canton, May 24.
Case
***** 581 582 Marine Fund at the end of the
Incensed by the Siamese Goy Canadian Pacific In this connection, the "Shipping year including the additional
Caterpillar Tract... 484 Standard Improvement Association ernment's highhanded pressure on Reserve amounted to £120.177.12.
the overseas Chinese, the 7th Kuo- ch. Nat. Bk. (1.40)... 211" The Fire Account has been will meet on the 28th instant, and closed by setting up a Reserve of discuss the points to be recom-mintang Affairs Directing District C'Peake Corp. (2.50) 40 per cent, for unexpired Hability mended to the Government." It is of Kiangsu and its subordinate C'Peake Corp. and 427
Ohio (280) and reserving in full för all known expected that the Association will tangpu circulated a telegram yes-. outstanding losses, and leaves a formulate its own plan within terday requesting the government Chrysler (1d)....... £8,058.14, whleb has next month and submit it to the to take action to prevent import Col Gas & Elec.....
Comm. Solv. (80)... 201 "The action of the Slamese Gov-. Comm. Störn. been carried to. Profit and Loss Communications Department-early of rice from Slam.
in June.
ernment was absolutely Wrong, Comm Sthrn. $8 must take and our government
cum. Pf. (8)
(1.80) strict measures in dealing with Congo-Naira the matter," the telegram states.- Cons, Gas, NY (2) Central Press.
Cons. Ou (28) Cont: Oil (23) · maste 22+
Profit of
YORK NEW
COMMODITY
1]
AND
STOCK QUOTATIONS
Through Renter's Agency?
Sterling. New York-London Cotton: July Cotton: October Rubber: July...
D
m
Dram
Do.
Lane Crawford.....
Mackintosha
A Tobac
Nanyang Sinceros Ac Watsons
70 cta. Win, Fowells
M. Greyhounds ................
C. Baterprises.
92. Ch.G.5% 1926 G. Bd. 22%
ILE. Gort. 4% Loans
Da.
Wallace Harper......
$105 EL.K. Wing Ou
8'bal Do,
Vibro Pileng..................
CHILD KIDNAPPED
At School Door
$100
190 $34
Ming Chin Primary School, 603 Weihaiwel Road, from his home in Avenue Foch. Accompanying the chauffeur in the car was a Russian bodyguard. The boy was left standing in the street was a few minutes' before school time- and almost immediately another After a period of inactivity, kid- car pulled up, from the other nappers came to the fore yester-direction, and stopped abreast of A Chinese got out, seized day morning in the Chengtu Road the lad.
Shanghai, May 19.
District, when five men abducted the boy, and pulled him into the the son of a well-to-do Chinese car, which started of immediate- real estate official in front of the ly. school attended by the boy. The
A Chinese witness of the affair
victim of the crime," Ching Zien- said that one of the four or five sung, aged 14 years, is a son of men in, the car was armed with Ching Taal-nan, manager of a pistol The incident was not real estate firm at 725 Avenue reported to the police until about half an hour later and a trace Foch,
Shortly after o'clock yesterday of the kidnappers had vanished morning, young Ching went in an then. A description of the men automobile to the door of the responsible was given to the police.
Rubber: September
Wheat: July
Cor: July
American Smelting
El Bond and share. General Motors
-Int. Tel, and Tel. Loew's Inc. ........ Montgomery W. National Distillers New York Central Standard On Co. of NJ. -US. Steel
Last.
May 24
Close Open 10.20 10.40: 11.00
4921
RUBBER ESTATE
TRAGEDY
Japanese Found Dead
Serembɛn, May 13. News was received here to-day
of the death of Mr. T. Matsumoto,
'Corn Prod (3) Coty Inc.
Cwn. Cork $270 P.
(2.70)
Elec. Autolite Co.
Japanese well-known in Serem- Elec. Bond $5 PT (5) 474"
ban, whose dead body was found Elec. Eond $8 Pt (6) · 53 · hanging on a rubber tree on an Eles. Power & Light estate near Pajam, early yesterday Fox Film "A" ......
Gea Elec. (80) morning.
ཨཱཙ ཝིཊྛཱཊྛཱཧཱཝཱ ཙྪཱཊྛཱཡཱ བྷུ⪜ ཙུནྡྷཨཨྰཿཨྰཿཨྰཿdeསློཊྛབྷངྐོ ཏྲྰཾཀྶཾ་ཛྙྰཆནྷི7 ཙྭ བྷོཡོ, ཐཱ།ཨྠཙྪཱདྡྷི1aབྷཝིབྷསྶཨྰཿསྶཝསྶ