Page
NEW
YORK -STOCK · EXCHANGE
New York: July 12.
11hrough Renlern Agency)
QUOTATIONS
New York/London Cross-rate New York Gotton-Vol. New York Rubber-Sept. Chicago Wheat -Sept.
Chicago Corn
-Sept
Montreal Silver -Dec.
Silver-Official
Last
Today'
High Low Close Close 4.06% 4,83 1981 1.967 11.79 11.84 11.80 İLTİ 14.37 12.95 19.418 18.33%
82
74 35% 71.68 71.30 70.341 71.88
891 Buy
Change of Steady .09 off .09 citi Lof off
1.40 up # up
841
Dow Jones Averagen High-1834/35 Low: July 10. July 11. Change
26 JEL
.78 ol
30 Industrials
84:53 17269
20 Rail
59.96
37.11 33.24
35.89
30 off
20 Utilines
31.0%
14.30 22.78
2221
58 of
40 Bonds
47
84.73 97.10
98.92
11 Comidity Index
4
03.20
41.98 59.68
56.34
.18 off .34 of
Anaconda Copper
Auburn Automobile 222
Business Done: -1,000,000 shares.
1.est Sale July 10 July 11
کائے
M
Last Sale
Stock & Div. -
July 10 July 11
Stock & Div."
Amer. Can (4)
140 139..
Goodyear................
197 191
Am. Cyanamid "B"
Int. Cement
274
(.25dr.)
221
221
Ant. Nick 1,60)
"97
91
Am. For. Pwr
*
4
Int. Tel. & Tel.
55}
541
Am. For. Pwr. 37 1st
Johns Manville
181 181-
28
27
PI.
Kennecott (150)
437
434
Am. Locomotive
14.
14
Loews" (1)
211 21
Am. Radiator..
154 15
Lorill (1.20)
·742
731
Am. Smelting
422
42
Mont, Ward
29+
281
Am. T. and T. (9)..... 1974
1263
Nat City Bk. (1)
271"
274*
Am Tob "B" (5)
08.
061
Nat, Da. P. (1.30)...
16
162
Am Waterworks (1) - 11)
11
Nat. Distillers
27+
271
Am Waterworks 36
Nat. Pwr. Lt. (80)...
91.
91
71 *
pret (6)
71
N.X. Central
171
17
153 151
E
N. Amer. (50c. 4%)
13
177
Arch.
T and 8.
Pac. Gas (1.50)
241
231
(2sd.)
491
487
Pac. Ling. (3)
37
37
291
Packard Motors"
41
Baltimore & Ohio...
107 10%
Penn Rly. (1)
234
231
Bethlehem Steel
304 ». 291 -
Phil. Petro (1)
22
214
Boeng Airplane
81 81
Pub. Ser NJ.. (2.80)
381
371
Borden Co. (1.60)....
43
431
Radio Corpn.
64
Ot
Berg. Warner (idr.) .59
581
Reg. Tob "" (3)
591
514
Case
Schenley
314 313
Canadian Pacific... 10
10
Sears Roebuck
461
Caterpillar Tract
50
491
Boc-Vac. (80)
121
12%
Ch. Nat. B. (1.40)... 29**
29 *
Sen. Cal. Ed. (1/40)
194
194
C'Peake Corp. (2.50)
Southern Pactic
18
17
C'Peake Corn. and
42
42
Stan. Brands (1)
16
151
Ohio (2.80)
442
444
Stan. Gas
32*
Chrysler (ld)
523
511
Sta OD NJ (1)
481
473
Col. Gas & Elec.
72
71
Ster. Pro. (2.80)
(2
62
Comm. Solv. (80)...
107.
19
Comm. Sthin,
11
1
Studebaker Corpn
18) - 194
·Texas G. Sulp (2), ...
341
341
Comm
Sthrn.
Transamerica (1.12)
ви
61
cum. P1. (6)
53
50
Un Car and Carb
Cons, Gas. NY (2) 28
25}
(1.40)
641
631
Cons. Oil (28)
31
B
Cont. Oil (25) .....................
211
211
Un. Pac. Rips. (6)... 105%
104
Un. Aircraft Corp: 151
151
Corn Prod (3)
78
771
Un Air Line Trans... 54
57
Douglas Aircraft
28
26
United Cerpr.
31
3
Du Pont (2.50%)
105%
1042
Uni. Gas Impr. (1.20) 15
151
Flec. Bond & Share
91
81
Unly. Leaf Tob ̧ - (2), 66
65+
Elec. Bond 15°FT (5)
"U.S. Intus. Alcohol... : 44a
45.
Elec. Bond $8 PI (6)
651
631
U.S. Rubber
134
123
Fox Film "A
161
16
U.S. Steel
361
381
Gen. Elec. (80)
261 281
Vanddium
151
141
Gen. Foods (1:80)
371
361
Warner Bros. Picts.
41"
4
Gen. Motors (Id)
342
347
West E & M (65)..
รา
57%
Gen. Rly. Sigs (1)...
30
31
Call Money
4%
Gold Dust (1-20)
161 163
ફર. તાજ
! Dossible. Lautilation
* Bid
A.A.A. BILL AMENDMENTS
Washington, July 11.
U.S. BOND ISSUE
Washington, July 11. The Senate, without a record of
Mr. Morgenthau, Secretary of the the vote, approved amendments to the pending A.A.A. Bill extending Treasury, states that "he Treasury the Bankhead Act and the Kerr's likely to offer for auction $100,- Smith Tobacco Control Act for 000,000 21 per cent. bonds maturing another crop year
#deuter.
1
in 1955-60. Reuter.
RUSSIAN MOSCOW BAKERY 69, Rua do Campo, MACAO.
All kinds of bread by "first class Russian Bakers. Visit our bakery.
HOU HING DANCING CLUB
Top Floor. Central Hotel.
1
Every Night Dancing.
Refreshments, Bar, and Best Partners.
"M
GARAGE MACAU New and Comfortable Tourist Cars Phone 23 17.
HONG KONG DAILY PRESS, SATURDAY, JULY 13, 1935.
ASSURANCES TO
FRANCE
On The Air Pacts
{Special. Air Mail Service)
London, Juma 26... Mr. Eden, who arrived in Paris spent about four and a half hours in the company of M. Laval, the Premier and Foreign Minister, at the Qual d'Orsay. The conversa- tions will be continued and Mr. Eden will probably see M. Laval again on his return journey from Italy.
REPLY TO CRITICS
Of The Naval Agreement
(Special Air Mail Service)
London, June 23,
been
INSTITUTE OF COMMERCE
Graduation Day
The
on a concert which was arranged and enacted by the students them- selves was greatly enjoyed by those present
One of the most interesting Items on the programme was the Type- writing Exhibition by the Gradu- ates composed of Misses. Irene Yen and Alice Ma, Messrs. Chan Ful Sing Ng Sik Leung and Q. R. All.
Chun-Shing Institute of Commerce held its graduation day at the Chinese YMCA yesterday Sir Bolton Eyres-Monsell yester-evening when a large gathering of day in the Rouse of Commons parents and friends were present. made a convincing reply to those
After the distribution of prizes foreign critics who have maintaining that Britain in enter by Dr. S. F. Ļam, Ph.D., Cert. ÄIB, ng into the naval agreement with the Hon. President of the Institu- Germany was condoning a breach The larger part of the meeting of the Versailles. Treaty and was was "concerned with the Angio departing from the understanding German naval agreement, and that naval armaments should not although M. Plétri (the Minister of be dealt with independently of land Marine), who was present during and air armaments. Whatever the a part of the meeting, did not technical legal positiin, the First display his displeasure to the ex-Lard pointed out, it was essential tent anticipated (that is, by not for Britain to face the facts; and staying for lunch), the French the supreme fact was that Ger- Ministers certainly made no secres niany was already constructing a of their displeasure. ·
feet which was outside the limits M. LAVAL'S STATEMENT of the Treaty, It was surely tar After the meeting M, Laval made better to regularise the existence the following statement for publl-of that feet and limit its size than cation:-
to continue to make a series of We have studied with com-legal protest while naval construc- plete candour each other's views tion in Germany went on uncheck. on the recently concluded Anglo-ed. German naval agreement. Mr. Ellen gave us the reasms, whiell
As far the separate treatment determined his Government to
of naval atmainents, it is simply take their decisión in this mat-
not the case that they have hither- ter. For my own part I did not
to been considered as forming a tall to repeat the reservations unity for negotiation purposes with that my Government was obngland and air forces. Ever since the ed to make on the subject. But ay personal relations with Mr. Eden are sufficient proof of the friendly character of these Lajky.
PREPARING THE WAY
an
Washington Conference of 1921 the problem of naval limitation has been handled independently: and in any care the agreement between Britain and Germany is not This last phrase clearly indi-arrangement directed against or cates that while M. Laval is a adversely affecting the interests of fone of Mr. Eden as ever he is
any other Power. It is expressty not greatly pleased with the intended to stabilise the general British Government as a whole.naval situation and to lead the way M. Layal then went on to say:""
Apart from that, we examined all the problems arising from TAP European situation with which our two Governments are daced, and we recognised the necessity of close collaboratiön between our two countries.
M. LAVAL'S "RESERVATION "
Neither M. Laval nor M. Pietri appeared to be in a very good nood alter the meeting. When M. Laval spoke of the French "reservations" he used the wrong word. France is faced with a accomplished fact, and "reserva-. tious" was merely a euphemism for {"protest"=""
Other items of note were the Harmonica Duet (L'Arlesienne) by Messrs. T. N. Wong ant P. H. Lering and the Harmonica (Under the Double Eagle) by the Heart String Harmonica Band, and an Indian Song rendered by the Indian
students of the Institute.
The plano solos by Miss L Chenalloy also came in for its share of applause.
י
DR. LAM'S SPEECH
After the Headmaster had pre- sented his report, Dr. Lam said:
After distributing the prizes Dr. Lam in a brief speech stressed the Importance of evening technical and professional schools for com- mercial purposes conducted by such Institution and said that there was great difference between the day school and the night schools.
Fifteen years ago Commercial Schools were hardly in existence.in to an all-round agreement. It is Hong Kong but to-day we find that to be hoped that the conversations there are several aiready establish- on which Mr. Eden is now engageded and are doing good work These in Paris will bring this fact home the speaker said were not enough to foreign opinion.
"HERE'S TAE US'
(Special Air Mail Service)
London, June 26. The latest description of politi- cians:
"They are naturally a modest body of people forced unwillingly upon the public gaze."-
and he would like to see more of these evening.classes where stud- ents and boys can obtain a better education in the commercial fields In order to equip themselves with a better knowledge for better times when the present depression and economic dificulties blow over,
Home
TO-MORROW'S CHURCH
SERVICES
Fifth Sunday After Pentecost
CATHOLIC CATHEDRAL
The following are the forthcom→ ing services at the Catholle Cathe
dral Caine Road
July 14-Fifth Sunday after Pente-
3: cont
Feast of St. Bonaventure. Bishop
and Doctor of the Church. MORNING SERVICES *...Ist Mass at 6,-*-
2nd Mass at 8 with sermon in
Chinese.
3rd Mass at 10.30 with sermon in
English.."
EVENING SERVICE D' At 4, Benediction of the Blessed
Sacrament
July 15.-Feast of St. Henry Km-,
peror.
July 18-Feast of Our Lady of Mt.
Carmel.
Solemn High Mass at 7.30, and Plenary Indulgence "taties quoties for the Merers of the Confraternity of Our Lady. July 19-Feast of St. Vincent the
Paul
On week days: Mass at 6 and 7.30.
ST. TERESA'S CHURCH The following are the forthcom- ing services, etc, at St. Teresa's Church, Kowloon Tong:--- Saturday, July 13 P.m.-Meeting of
St. Teresa's Chinese Young Men at the Rectory for visit to. the sick.
8th P.M-General of the mem- bers of the St. Teresa's CYMS. on the Society's Premises, fol lowed by distribution of Bor- rowers'. cards to all members. Sunday, July 14-5th Sunday after
- cent de Paul-Patron of St.
Vincent de Paul Society. Weed-days-Masses at 6.30 am..
and 7.30 am.
Confessions are heard dally be
fore and after Masses in Chi- nese, English, Italian, French, 'Spanish and Portuguese.. CT.S-Pamphlets, Universe, and Rocks and Messengers - of Sacred Heart are always ob- tainable either at the Rectory
at the Church door. The Third Order of St. Francis of Assissi Saturday, July 13. Portulants,
Novices and Tertiaries are re- ' minded that the Assembly will taken place in St. Teresa's. Church at 5 p.m. Reading of a chapter on the Life of St Francis of Assisi. Tuesday, July 16-Anniversary of the Canonization of St. Francis Plenary Indulgence for the members of the Third Order. Enquiries regarding the Third Order should be addressed to Rev. Father Director, c/o St.. Teresa's Church, Prince Edward Road, Kowloon Tong. FIRST CHURCH OF CHRIST, SCIENTIST. Macdonnell Road, below Bowën Road Tram Station. Sunday. 14, 1935 Sunday Service-11.15 am.
The Sunday School is held en Sun
Supject:-"SACRAMENT
day Mornings-10 o'clock. Wednesday Evening Meeting-6.00
p.10.
#
Reading Room at above address open: Tuesday and Friday-19 m. to Noon: Monday, Thurs- day-5.30 to 7.00 p.m. The Public is cordially invited to attend the services and visit the Reading Room.
Pentecost. 7.30 1st Mass with Sermon in English-General Communfori' for the members of St. Teresa's C.Y.M.B. 9.30 am--and Mass with Sermon,
in English, followed by Bene- diction of the Most Blessed Sacrament-devoted to the
UNION CHURCH beneft of St. Vincent de Paul
Sunday, 14, 1935 10.30 am to 11.30 am. Sunday Morning Service:-10.30 am,
School for Mexican boys. Mary-Evening Service-6 pm knoll, Conveut, Kowloon Tong. Monday, July 15-Feast of Our
Most Holy Redeemer. Tuesday, July 16-Feast of: Our
Lady of Mount Carmel 5.30 PM-tt Flower Club.
Choir Practice.
Teacher: Wille, give the defini- Wednesday, July 17-Feast of
Mr. Eden's "explanation" of the naval agreement and the Frenchmen:- "reservations took up most of "Scotsmen blazed the trall in to-day's meeting. The question of advertising by the toast they have either
an Anglo-French or of a proposed for centuries Here's tae more general naval conference in us. Wha's like us? Damn few." London was, I understand, left undecided, and the French do not appear to be viewing it with much favour in the present circum- stances.
And the latest about Scots- tion of home.”
Sir Robert Horne yesterday at the Advertising Convention at Torquay.
question of “co-
It may be said that to-day's insist." The discussion of all the other ques-ordinating security in the West"
tions was inconclusive and that it was limited to what may be called a statement of views on both sides. The practical solutions will not be examined until to-morrow. On the British side. the tendency was to take neither too pessimistic nor too optimistic a view of the situation.
THE AIR PACT One of the main problems to be discussed in detail to-morrow will he the proposed Western Air Pact. There is some apprehension in France that Britain might be tempted to conclude an air pact with Germany on the lines of the naval agreement. But on this point Mr. Eden is understood to have fully reassured the French that there will be no air pact Independently of France,
and In the East is fundamental, and the French are not likely to accept the view that a reinforce- ment of the Western Locarno is sufficient or that a "localised” war in the East (to use Hitler's adjec- tive) need not concern them,
It is probable that some efforts will be made to-morrow (for Mr. Eden personally is favourable to the idea of "Indivisible peace") to prepare the ground for the Eastern Non-aggression Pact that was agreed to by Hitler at the time of the Stresa Conference. Memel is actually the only material obstacle in the way of such a pact.
GERMANY AND THE LEAGUE
The question of Germany's re- turn to the League was not dis- cussed, and the suggestion made A question it was difficult to in some quarters that this return get any clear answer to-day is would be offered to France as a whether the French
prize for signing the Air Locarno made it absolutely clear that they would respectively of Eastern pact not sign the air pact unless some-seems to have no foundation. thing was done at the same me Germany's presence at Geneva. to strengthen security in Eastern (which might be terminated at Europe. But the probabilities are any moment, as past experience that M. Laval will not readily has shown) does not strike the abandon the hope of bringing the French as a sufficient guarantee Eastern non-aggression pact, into of peaceful conduct in the East. being even if he is urged att some localised guarantees
against "localised" war are con sidered essential,
DOG RACING
MEETING: Saturday, 9.15 P.M.
ADMISSIONS
Sunday, 9.15 P.M.
82 Pari-Mutuels ·-
Members Stand $1,
81 Cash Sweeps;
Public Stand 40 cants.
The question of Abyssinia, I understand vas not discussed to- day at any rate not in any detail, but it most certainly will be to- morrow before Mr. Eden leaves for Italy,
Generally speaking, Mr. Eden seems to have tried to cour the French. that the Angk communiqué of February fully in force; and that German Daval-agreen concludedIn ortiäder mikun
become
the
It 1
Wille: "Home is where part of the family waits until the others are through with the car.".
Humility of Our Lady. At 7.30 Special Masa în honour of Our Lady of Mount Carmel „Friday, July 19. Feast of St. Vin-
Services will be conducted by the.
Rev. John Foster. The Morning Sermon will continue the Series on the Meaning of Christian Discipleship. The Service will be broadcast.
The address at the evening service will be one of a series on the coming of Christianny China. 1935 being the Centenary of Christia first coming.