J2
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers' Association
HONG
KONG DAILY PRÈSS, TUESDAY, MAY 28, 1935.
HONG KONG-CANTON
۱۵۱
RELATIONS
TRADE
S E. Levy & Co.
7. ICE HOUSE STREET
INVESTMENT BANKERS, Į BROKKEJ
Baytre
WEDNESDAY.
Máy M7..
Huy
Belleza
Balan | RealEs
Banky
$1,000
BL.A. Banks
3035
2123
co. (London) «««
2143
Unartered Hanka ...
Mercantile Bis "A"
214) 231)
£13
Do. 140
Aais
131
$80
Bank of East
N. C. & S. Backs Aim. O, Fin. Corp:
Ch. Fin Corp. UML S.
Do.
Pref.
Insurances
** །།
ex v. 3203
(Continued from Page 7)
per cent, of the population of Hong whose Hops is Chinese in" race, social and financial associations are almost
exclusively ..with their
Gentlemen. It gives me great brethren in the Kwangtung Pro-pleasure to propose the toast of vince, and who are moreover a com- closer commercial relations between munity whose wealth automatical-the two cities, coupled with good ly flows back to China.
wishes to the Goodwill Mission." "Does not this indicate that we (Applause.) are both so closely related that the more prosperity we can create between us in our respective spheres
ust be to the beaent of both of"
will give special heed to the fur-spaces, parks and therance of trade interests between the two cities.
1903. $320 ex div. $325
us? Jex dir. 1382 #185
14
$30
Canton LauraİJOAN..
1203
UnderwriterS
31
$3221 ex dir
$392)
Union Insuran
...
$400
China Fires
HA. Fires
$200
¡Laternational Assou, J.
34
Shipptas
૨૩૧
Douglasca"
nau
$38+
So39
130
tudos (prot.) «***
$33
Uu. lut.)
72.6
Skotla
Water
Mining
21 eta.
Baguio Giolit
Senguat Consolidated
$:0
Do
Exploration 11 cts.}
11 cis.
muuta gokuni din ninghaug in mut
見やく
68 ota. Auitaidoks
$34 Balatcos
#11
10 ata
Do. Goldhield...
Wedge.
8 Big
CL Gold River................
arcts Gold Crook............................
12
United Paracales... 29 ats
Salacot Mining......11 atm,
... cts, ipa Mining.............
30 otsogons
$14
***
14
Daugista (sugie) 8.
Explorations...... 3.
Shanghai Loans
Kaubsrente
3.5 Venezuela told Fida.
Ducks, Wharves. Godowns, eta.
1.K. & Wharves. (Cum. Rights)
Du. (Ex. Righta
Providents (ala) ....
Do. (new) ***]
S. China Motor A
ww
100
$30 72/6 $111
ساع 184
192
125 eta
20 CEN
17)
10.
$85
834
Do
(Rights)
120 C..
19.
H.R. & W. Docks
Do.
**N"
$110
Shanghai Docks S.
$6"
New Engineeriaus.
1967
Hongkew
Lands, Hotels," and
Buildings
H.K. Hotals
$3
H.Kas 130
$100
Do 4% Debentures)
54
3:00
3204
Shanghai Lands.....”.
Siv
Metropolitan Lands..
H.K. Iealties...
$7.
China Does y
3123
Do. Debentureas.
18
Humphreys *********
New Asia Hotel Asia Remitic "A"}
134
Do.
"B" .
$90
Chinese Estates...
Cotton Milia
$8.30
EwON
170
S'ha Cotton.fuldjS.
$8.10 167
$43
Do.
new9.
88
Zoong Sings... S
89:40
$65
Wing On Textiles(3.)
536
Pubila Utilities
811.80
Tramways
76
(DOW)...
$771
Star Ferries
$20
$7.50
$55
HK. Electrics ...... $55
$93
Увса do.
IH
$82
22/6
$6.20
$12190
Peak Teams (old)...)
Do.
Yaumati F'erries.
China Lighte........ $7.85
Sandakan Lights .......
Telephonos (aid)
Do.
(DOW)...
Chías Buses ð. Tractions Do.
(pref.).
Industrials
Malabon Sugar
$19 Caldbeck, (ord. b.
Canton Ices
Vements
MiscellaneoRE
$81
$13
11.80
...
Macgregors pre£,75.;
$78
:8
1
***
*
$1,80 $6.20
Dairy Farma
112
$1.86
Amusementasies.
12
$6.40
Ch. Etainmeats... 35
$1.40
51.30
45 at 1.
25 cts.
$5
$31
Constructions, (old))
Du
{LOW}}
Lace Crawford.......
Mackintosha...... Tobacco... Nanyang Ninceres ............ Watsona
170 ate. Wm, Poweli...
$1.35
M ureyhounda......
92
.
3.. Enterprises
(Oh,Q. & „19260.$Bda. 92%
Dre 0% prom.: 1.5. Govt. 42 Lorna
prem
5
$16
Do. 21%
Wallace Harper.............. H.K Wing UDL
'ha Do
Vibru Pileng.........Ě
NEW JUBILEE STAMPS
30-000,000 Sold On
First Day
13
155 str.
B1.36
$100 $90 $31
Average values total 20,000,000. The de-
dally sales of these
mands of stamp collectors and souvenir hunters will have added at least 50 per cent, to the aver-
2g6,
1.
close
ין
"Gentlemen, I think it does, and I sincerely trust that this exchange et visits may further cement the und friendly relationship which has always existed between Hong Kong and Kwangtung and. which we desire not only to com- tinue but to strengthen.
HEAVENLY PROSPERITY "Finally, Gentlemen, it has just cccurred to me that the Chinese name given to my firm by our Chinese friends, "Teen Cheang translated Into English means Heavenly Prosperity. Mr. Ho and I have secretly devoutly wished that it might have been the Chi- nese word meaning 'Earthly Pros- perity laughter) but...at any rate, We can both look forward to the
4.
beautyspots
were not neglected, and patriotism was inspired by monuments to national heroes." In spite of dif- cult condition's a magnificent mo- dern city-one, bound to expand tremendously was being built up. He was glad to note that a network of, reads from the suburbs to the ready The toast was honoured with country was providing a
Low lying great enthusiasm.
means of expansion. areas had been drained and were to-day residential suburbs with wide roads bordered by shady trees, and villas standing in their own rounds-districts which would be a credit to any city.
MR. BELL'S REPLY The Hon. Mr. W. H. Bell, in responding to the toast, said that in the first place he wished to thank His Excellency, on behalf of the visitors for the wonderful re- ception which had been accorded to them. CApplause). In this con- nection he could not refrain from an expression of thanks to the two gentlemen who had the party under their personal care-Colonel Leung and Mr. Chow Ho Tung. (Ap plause.)
"They were extraordinarily kind to us said Mr. Bell, "and I must say I have nothing but admiration for
the ability with which this whole trip has been organised. I would also like to utter a word of thanks to all the managers and directors of the various works which we visited: they were ex-
tremely kind to us and spared no trouble in showing us around and explaining everything. (Applause.)
ola
OLD CITY WALLS The transformation from Canton to the Canton of the pre- sent was ittle short of marvellous."} but more surprising was the fact that all this development had oc- curred within a comparatively few years. Less than fwenty years had elapsed since the old city walls were demolished. It was not as the intervening years had been quiet, peaceful and favourable to progress." On the contrary, within that period there had been con- siderable political disturbance.
In face of the industrial develop- ment which had been shown to the Committee during the day, and
realising that these enterprises were only a beginning and would extend very considerably in the near future, hits surprise at the pro- gress of the city was greatly in- Creased. He was sure that the same energy, business sense and
hereafter with confidence and hope (Renewed laughter). Gentlemen, I ask you to join me in drinking to
I wish to say how much I re- bath the heavenly and earthly
gret that all the members of the prosperity of the Canton Chamber
General Committee were unable to of Commerce." (Applause.)
The toast having been honoured. Recept the Chairman's very kind the proceedings shortly afterwards Invitation. In particular, I know good guidance which had modern- that Mr. Grayburn, the Chief Man-ised the city of Canton would make terminated.
ager of the Hong Kong & Shang-
a success of the new industrial hal Banking Corporation, was very
enterprises. On behal of the keen to come, and it was only on
visitors he asked His Excellency Thursday that he telephoned to say and the whole assembly to accept he was really very seedy and might
their very sincere thanks for the not be able to make the journey.splendid reception and hospitality I regret to tell you that I have which had been accorded to them heard to-day that Mr. Grayburn and their sincere admiration for has had to go to hospital. He has the marvellous progress which they sent in his place a very capable could see had been made in recent representative in Mr. Davies, who
years. (Applause.) is the Manager of the Bank In Hong Kong.
MR. LIN'S BANQUET
On Saturday night the Chairman of the Kwangtung Provincial Gov- ment (Mr. Lin Yun Koy, gave banquet in honour of the Hong Kong uelegation. This was held in
い
tween Hong Kong and Canton than have existed in the past. We all know that in many respects we are
KIMBIZY
A
B
NEW TÓNK OUTTON SICHANGE
COMMODITY RICHANGE, ING. N.T.
CHICAGO BOARD OF TRADE
CANADIAN COMMODITY EXCHANGE, INC
CORRESPONDENTS F
י
WHITE, WALD & CU, NEW YORK
NEW
YORK COMMODITY
Sterling. New York-London Cotton: July
Cotton: October Rubber: July Rubber: September Wheat: July Corn: July
STOCK QUOTATIONS
AND
Through Reuter's Agency)
Last
May 27
CloseOpen 10.20 10.40
4941
4941 4942
11.00 4643
12.00
12.00 13.02
11.98
11.85
11.80 11.80
11,78
12.81
12.838 12.778 12.78
12.94
12,928 12,908 12,92
87+
873 87€
781
*783
19"
Winnipeg Wwheat: July
871
STOCKS
451
46+
45
45
4.5
221
2:24 221 221
7
T
7
7
311 31+
311 311 311
81
81 81 盘 81
41,
407
41 41 407
281
271 201 261 28
161
17 481 487 481 342 347
341
ITI IT
17
481 483
34 341
American Smelting Consolidated gas of NY. El. Bond and Share General Motors Int, Tel and Tel. Loew's Inc. Montgomery W. New York Central Standard Of Co. of NJ. ES. Steel
SHIPPING MOVEMENTS Mr. Bell concluded by asking the members of the Mission to drink
The steam ship "Alipore" left the health of "Els Excellency and Moll for this Port on the 27th Prosperity to Canton."
til am, and is due here on the 1st prox at about 6 am.
issue.
#
NEW YORK STOCK EXCHANGE QUOTATIONS APPEAR ON PAGE 11
nandsome apartments of the the Municipal Reception House, neut on this occasion being in European style. During dinner a
*Gentlemen, I feel that this is programme of music was admirably rendered by the Municipal Band really a very important occasion, There were invited to meet the because it may be-and I assure
An account of the visits paid by you all the members of my Mission Hong Kong visitors His Honour the
the Committee to various industrial Mayor of Canton (Mr. Lau Chi sincerely trust it will be the be-enterprises will be given in our next Wen); H.B.M. Consul-General (Mr.ginning of even closer relations be- Herbert Phillips, "CMG, 0.6.87, Commissioner Li Luk Cháo, Com- missioner Woo"Kai Yin, member of the Provincial Council; Mr. Chan inter-dependent and many of us feel that still closer connections Chung Pick, President of the Can- ton Municipal Bank; Mr, La Taiwould be beneficial to both sides. Chu, Economic Adviser to the I do not propose to give any. Illus- Finance Department: Mr. Luk Yáu Kong, Secretary-General the Provincial Government: Colonel" C. W. Leung, Counsellor to the Mill- tary Headquarters; Dr. Wu Pak Haing, Counsellor to the Muni- cipality: Mr. Shum Tsol Wo, Pré- sident of the Kwangtung Provincia! Bank; Mr. Man Shu Haing, Director of Public Works; Mr. Y. Y. Chan, Manager of the Sales Office for Products of the Povincial Factories The guests also included members.
to
trattons to-night, but It be evident to everyone at this table are many ways in that there which we can work together." Yon, on your side, by your cordial in- vitation and by the extraordinarily hearty welcome you have given us, have shower that you would be pre- pared for even closer relations than have existed in the past.
GOOD WISHES TO ALL "These feelings are shared by of the Goodwill
of the Executive Committee of the every member Canton City Chamber of Com-Mission and also by the business and Government of Inerce and various officials and community. leading
business men, namely, Hong Kong His Excellency Sir Messrs. Chen Ben Ming. Hop Chup William Peel took the greatest in- Ping. Chiu Bit Sun, Fo Yick Chi, terest in this Mission and hoped Leung Ting Kai, Chik Tez Hing, Lin that much good would come from it. As you know, Sir William Peel | Shung Chun, Tang Chun Tak, Chow
Hok Tung. C. E. Chang. Lau Shingleft the Colony a week ago, but
saw Sir Thomas Southarn, the Other Lang. and Ho Siu Foy,
Acting Governor,
Thursday guests were Messrs. C. E. Whita- more, HM. Consul; D. A. Cameron, evening and he asked me to convey Acting Consul; and F. F. Garner, his good wishes to your Excelency and to his other friends in Canton, Vice-Consul...
and to express the hope that the ́good reintions which are so essen- In proposing the "toast of the tial to the prosperity of our two evening, His Excellency the Chair-great ties may grow ever more man said.
THE TOAST
on
cordial, and that this Mizkion may lead: to a fuller appreciation of the interdependence of Canton and Hong Kong, and to that greater knowledge of one another which alone can give us the fullest un- derstanding of our mutual needs." (Applause.)
1
"Honourable Guests and Friends: It is indeed a great pleasure to have the Hong Kong Goodwill Mission in Canton city, and to meet all its members. I wish to take this op portunity to extend to our guests i hearty welcome. The relations
Ar. Bell said that in the second between the Province of Kwang- tung and the Colony of Hong Kong place he had to try and convey "Further-·| samething of the admiration which have been very cordial more, because of the geographical the Mission felt for the progress The Jubilee stamps will remain proximity and trade interests be which was so manifest in the won- ou sale until July 7. During that tween the two places, true co-derful city of Canton. Here he felt time the ordinary lid and 2id will operation is really necessary for on somewhat safer ground because bath citles. he had known Canton as far back be completely withdrawn. The or- the prosperity of
Fas 1896, and could therefore appre dinary id and 14, Bowever, though (Applause.) they cannot be bought across the "In recent years our Govern- clate the extent of the tremendous counter, are obtainable from the ment, besides, maintaining good changes which had taken place. When the post-omces throughout automatic machines, for which the order throughout the Province, has In 1886 there was hardly a street the country, from St. Martin's-Le-Jubilee stamps are too large. At put forth their best efforts along in the town more than six or seven the end of the two months the post the lines of reconstruction; mainly feet wide, but to-day one saw Grand to the tiniest village
offices will revert to the ordinary for the purpose of giving to both magnificent wide streets, many of office, opened at eight o'clock on
Chinese and foreigners a good op them one hundred feet' wide, well Monday morning, the special com-stamps.
The first printing of the Jubilee portunity to develop their trade. surfaced and the traffic controlled memorative Jubilee stamps were
numbered 1,000,000,000. As we know, this Mission consists by highly competent police. One on sale. During the first twenty-stamps
gynt from High of leaders representing various magnificent bridge bad been con- four hours, it is estimated, over These were 30.000.000 stamps of the four Wycombe, where the printing was lines of business in Hong Kong, and structed across the River and done, to the Post Office Stores De- I sincerely hope that as a result of others were in prospect. Another denominations, Id, ld, ifd, and
their friendly visit to Canton, they pleasing feature was that open. partment. 21d, were sold
(Special Air Mail Service)
London May 10.
川
instant
·
The steam ship "Mantua" left Singapore for this Port on the 26th. Instant at 6 am. with the outward Engilsh Malls, and is due here or the 30th instant at about
3:00
•
The steam ship Tanda" left Mojr for this Fort on the 25th
85% 863
**-**-8637
instant at p.m.; and is dus here on the 29th instant at about p.m.
The B.I. & Apcar steam ship “Talma” will leave for Amoy. Shanghai, Moil, Kobe and Osaka" on or about Thursday, May 30. 1935, at 6 am.
The Blue Funnel steam ship "Dardanus" will arrive from Kobe on 31st May, 1935.
The E. & A steam ship "Tanda" will leave for Manila, Rabaul, Brisbane. Sydney. Mel-
SHANGHAI MARKET COMMENT
1,023 bonds. Debentures. figured the Stagnation continued an Shanghai Stock Exchange last week There were no shares dealt In last Tuesday. The only bonds traded in. were. F.M.C.. 7 per cent. debentures of 1924 issue. Few wn- official transactions were reported on the exchange on the next day, Some Bhanghal Power 54 per cent. debentures were done at $80.75 Comparatively speaking a cash. little better business was done an Thursday.. when the day's total amounted to 294 shares and 90 bonds. The improvement in busi- ness was maintained during the following day as the business done for the day was 250, shares and
14.19
17:20
| 16.00)
$25.00)
[es]
($15
·
millions. The week opened with dullness and the tendency became stronger when the market receded
steadily under the strength of sell-
largely in the transactions. There a very small volume, the average were hardly any transactions done dally turnover being less than 10 on the following two days. De- bentures being practically the only listing which brought out investors. The outstanding feature of the Chinese Domestic Bond Market was the heavy slump of 96 Mona, which due to bearish attacks, losting orders. The heaviest setback mine than one point, during the week. Disbandment was the next loser registering net losses of 25
35 for the whole week. Aside from these two issues there were only small diferences in prices at the close of the week. There was a decided improvement in business transactions but just the same the total for the six cays represented
was experienced by 96 millions. The bearish movement affected all other issues as well although these did not decline very sharply. While all others advanced further on Friday the recovery for 5 milions
was short-lived and it went down by further substantial tractions. Movements were inconsequential on Saturday with gains predominating.
A.OF.C. Average of Shanghai Stocks »
RANGE OF AVERAGE
1954
TWENTY REPRESENTATIVE STOČKA
133
It