12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Buyers
Selleru
Exchange
Halee Nemis
SATURDAY, JULY 27..
Banks
H.K. Books
Snarebrokers' Association
*******$1,030
Do. (London)
Chartered Banka ...
Mercantile Bs. "A"
$1,040
'2,045)
£108
E13)
£13
$78
N. O. & S. Barks
1
376
::
$3.90 $31
18.10
$203
DJ.
Bank of East Asia.
Am. O. in. Corp: 8.
Ch. Fia Corp. Urd. 9.
"
Do Pref. 5.
Insuramace
Canton Insaragon...
Underwriters
71 sts. Amtamoks
$18. Balatco
22 cta. Baguio Gold.....
Benguet Consolidated gets
12 ota.) Do. Exploration 11jets,
H
Sales
£31 2:31
#76
3195 30 obs, $370 $302 $176
19 et
1378
Union Insurances ...
1383
Unins Fires angege
H.K. Fires TADKARS
$200
ม
International Assce, d. Shipping
++
71
36
Douglassa opinian
$35
Steamboats wit
M
130
Indos (pret.) ......n
$80
$19
Do (dut.) win
7/10 Shellz
$12 71/e
BILN
Waterhoste
Mining
69ola 7016 u/76 cis
จ Sats.
$12
10 cts.
Do. Coldfield ...."
8 ct
Big Wedge 94 ot
Bobs
Gold Ter
+
5 stk.
30 at
Gold Creek.....
United Paracales
***
33 ota
12 et
Salacot Mining oth.
90 ets.
po Mining.
36 eta
Itogons
13/6
Kailas auto
Langkats (singles.
Explorations.non di
15
Shanghai Loans d.)
37
Raabsa
Docks, Wharves,
$2.30 Venezuela Gold Flda. $2.16
$741
Godowna, eta.
B.K.K. Wharves,,
Do. (old)
Do.
86 ata. Providents (old)
20 cts. Do. (new) -
H.h. W. Docks
(new)
141
13/6
$112
HONG KONG DAILY PRESS. MONDAY, JULY 29, 1935.
BRITISH SHIPBUILDING
Some Signs Of Improvement
(By SIR ARCHIBALD HURD>
F
The following is a continuation; resulted in British yards being res- of the article on the, British Ship-ponsible for upwards of 80 per building Crisis, the first instalment cent. of the world's shipbuilding. of which appeared in our issue of yesterday
"
SHORTAGE OF SKILLED WORKERS
Fortunately, the situation now
A matter which is causing a good shows signs of improvement owing deal of anxiety among British to the fact that a great deal of the shipbuilders is the falling off in older tonnage has been broken up the number ur apprentices to the In the last few years, and the losses industry the skilled craftsmen of at sen owing to casualties have
the future. When there were few been large. In combination scrap-ships building and unemployment ping and losses at ses in the ten years.1923-32 accounted for 1,44% "ships of 3,287.942 tons under the British flag and 6,112 ships of 13,- 071811 ions under
fore'gn flags, while the new ships built number- ed 6,850 of 18,611,226 tons.
among shipyard workers was at it's highest, lads on leaving school sought entrance into other and more prosperous industries, and especially the new and flourishing trades which have sprung up in the Midlands and South, such as those associated with the motor car, the gramophone and the film. None of these new raetories are dependent on coal, but"
THREE PAIRS
OF RIVALS
At Wimbledon
(Special Air Mail Servica)
London, July 12,
Three pairs of rivals fought at Wimbledon for entry into the lust eight of the Men's Singles. The women, further behind, were seek- ing admission to their last sixteen.
It was a women's match that aroused chief interest the at- tempt of Miss K. Stammers, of St. Albans, to be avenged for her defeat earlier in the season by Miss Anita Lizana, of Santiago de Chile.
Other singles matches of im- portance on a day when the sun again shone hotly and the crowd again overflowed, were:
The first defeat of a "seeded" woman when Mrs. EF. Whittings.. tall beat Miss Peggy Scriven 6-3. 6-3.
C. Boussus, the leading French- man, another "seeded player." was beaten 6-2, 6-3, 3-6, 6-0 by Donald Buage, over here from America for the first t'me.
Miss Dorothy Round, the woman G. champion, against Miss M. Hargreaves, who is well known in London district tournaments, and
During those tell years the world's deets, as will be seen, were still being expanded, though in- ternational trade was stead ly de-
rely on electricity: ci'ning. Year by year the tonnage which can be produced in these on the world's freight markets con- | days of d'l iuel as cheaply in onc tinued to increase, much of it, es
place as in another. It is owing to in the case of American, Japanese,
these new industries that there
F. J. Fery, the champion, played French and Italian ships, being are now more men and women in. Pallada, of Jugoslavia. maintained at sea with the aid of employment in the British Isles, G. von Cramm. the German, subsidies. Owing, in the main, to though such bas' industries as
playing Gene Mako, the Insepar the fact that several of the sub-coal mining and shipbuilding are able companion of Buder s'dising countries have been forced in distress. Expansion of emplcy- to econom'se, the trend has recentment in new direction has. In fact, ly been changed. Whereas there
more than made up the loss in the tons were upwards or 70,000,000
basic industries, but owing to the afcat in 1930, the amount now stoppage of emigration, there are available is only 65,000,000. There 2,000,000 still without work. If emi- is still a large surplus to the needs gratten had not ceased since the of trade. as may be judged by the Great War, shipping, which relled 'statement that in 1913 the world's
so greatly for its profits on the merchant Meets were of jus; under
movement of immigrants would 47,000,000 tons, but it is decreasing have been more prosperous, larger The downward movement, in the numbers of orders would have been absence of active shipbuilding, given for new ships, and as the must continue. No less than 1.- shipbuilding and coal mining in- 10 cts. 000,000 tons of the world's ship-dustries would have been busy,
ping is 25 or more years old and a further 7,000,000 tons fall in the next category. being between 20 and 25 years of age, All these ships of 18,000,000 tons are ubsolete in
$78 $76
75 cts.
880
K
78
S. Cuina Motors' A')
. Do.
"B"
380
Shanghai Dock S.
14
New Engineerings 8.
3240
Hongkows
"...
Lands, Hotels, sad
Bulidings
}}
#2:00
$100
$104
$10
$4
$4
18
35
"B" d
$100
$123
H., Hotela
H. Lands.........8. Do. 4% Debentures
Shanghai Laada.....D. Metropolitan Lande..
H.K, Goulb
China 10 DECOR O
Do. Debentures S.,
Humphreys **
New Asia Hotel Asis Healtio “A”S
Do.
Chinese Estates......
Catton Mills
S' Cottons(old)S.
Do.
Zamay Singe
*(now)S.
Wing On Textiles(S.).
Public Utilitie
$12.56 Tramways' «pasuro]
Poak Trame (old) .......)
Da (new)...
Star Ferries $76
$17.60 Taumati Ferries...
37
185
$40
$25
Ewos
*****
3174
毅
:01
#424
SK
5:25
$124
$8
"13
$8.80
| $.60
34
China Lights.........
$8 55
$67
$224
H.K. Electrics ...... Macao do.
Sandakan Lights...
#211
$8.30 $11à
Telephones (old)....
(now) 8 China Buses.........8.
[0/6
Traction.
-92/6
18
Do.
Do. (pref.)
Industrials
Malabon Bugar¥***
$19 Caldbeck, Mori, S. $18
Macgregor/prot.18.;
$1.80 Canton Lo
$1.45
Cements
·14
$2
Hopes...an
$1,60
MiscellaneoRE
$15.80)
Dairy Farms
bel
$15.70
$1.85
Amusement.
$1
14
Ch. E'tainment.......
#42
$1.10
60. cts.
Do.
#3
$77
$4.70
$3.35
70 ots
Way Powells
$2
M. Greyhounds
31.35
3. U. Enterprises.
{new,
Constructions, (old)] $1.10
Lane Crawfords...
Mackintosha...
Nanyang Tobacco...
Bincares
Watsons
prem 2%
93, Ub.G.51928. Bd. 92%
11.K. Gort, 4% Loans 94"},
$4
--
Do,
Wallace Harper..............
355
HK. Wing O............
S'ba Do
240
Vibro Pileng
CONTROL OF GERMAN FOREIGN TRADE Ispecial to the "Hong Kong Daily Press" (Copyright)]
Berlin July 28. The supervision over transactions in foreign currencies" will become very much stricter-after August 1, in consequence of the new regula tions issued by the Reich Econo- mic Ministry on Friday night.
vb.cts.
$2}
42
$3
$4.70
13
55 stk.
$1
$53
268
tables, fruit, and coffee, are being "Imported where suppliers prefer to wait indefinitely for payment, rather than risk total loss for want of a buyer.
This practise contravenes the sound principle that the Reich was determined to live within its in- come so far as foreign trade was concerned.
Hence the new restrictions ab solutely forbid the Customs Houses When Herr Schacht announced to clear imports, unless the im- "the "new plan" at the Leipzig Fair, porter can show a certificate prov "last year the principle enunciated ing that he had been allotted for
Was that Germany would only in-eign currencies with which to make port what she could pay for.
Bubsequent experience "as rated by the monthly foreign trade re- turns” has shown, that huge quan- Lities of merchandise, above all perishable goods, such as vege-
the payment. These restrictions do not however, apply to all classes of goods, but mainly to luxury goods and finished industrial products
contrast with modern and effici-
there would have been a shortage and nor a surplus of labour in Bri- tish industry generally.
GRAYE ANXIETY
As it is, the inactivity in the
'TWO AMERICANS Sudge began by winning the first eight points of his match-by the methods which this week; have | pecome familiar from him. He aimed across deep, fast drives and, when necessary,, followed them to the net for the kill. Wow and when he faced" a service.
Boussus, for the moment, was
woefully uncertain, and his gentler methods made no headway until the Californian red-head had taken the first three games with the loss of only a single point.
Then, at last Boussus had a look
en his long lead at 4-1
ent vessels and may be regarded shipyards with the consequent ral-n for a game. But Budge restor as doomed to go to the ship-ling off in the flow of apprentices breaker's yards in the course of the next few years.
י
In the circumstances, therefore, the prospects of shipping and ship- building, if not bright, are better than they been at any time since the subsidising movement began. But, as long as a nationalistic po- Hey holds sway 'n so many foreign countries, British shipyards will be den'ed the toreign orders which they received in the past. The in-
has for some time occasioned an- xiety, for in an emergency, such as a great war, many ships would have to be built and rapidly to replace the losses at sea, Antsland coun- try must have ships always at its d'sposal; in time of war, its exis- tence depends on the ability to maintain the strength of its mer-. chant fleet if supplies of food and raw materials are to be maintained, and if the fighting forces, depend-
dustry owed its prosperityinent, now on foreign oil foremost
ส
The slight and solemn French- man won the next couple of games mainly because his rival gave him a handsome bonus by making mistakes. Then the American went on to complete a poor set at 8-3-poor because neither
consistently well. bad" played Budge, apart from his, one bad paten, had been quite masterly: Boussus, apart from his one good one, poor indeed.
man
Budge won his second set 6-2. as easily as the first. He went
large measure to such foreign work. among them the Royal Navy, are too, then 41, 6-1, 6-2 and 6-2, which in the late Victor'an period, fülf their functions.
A FAMOUS OARSMAN
Capt. Guy Nickalls
R.A.F. FLIGHT
at
London, July 26. The Singapore flying boat which is making a flight in long stages from England to Singapore. completed its second stage this afternoon. when it arrived Malta from Gibraltar- (Special Air Mall Service)
London, July 12, | British Wireles By a sad coincidence the death of Capt. Guy Nickalls has occurred times. within a few hours of that of Lord Ampthill, another great oarman, with whom he won the Silver Goblets at Henley Regatta in 1890 and 1891.
#
The Frenchman had quite faller to find his touch.
It was a different Bousqus we saw in the third set, which he won 6--3. His racket at last was more or less responsive to hit will, and he found that it paid to attack Budge's forehand rather than the other wing
MISS SCRIVEN SURPRISED People
densely were
packed around court to see Miss Peggy Scriven play Mrs. E. F. Whitting- stall. The first set-6-3 to Mrs.
all Whittingstall--went- against GRAND CHALLENGE CUP Frequently he entered. for three the "seeding" committee's ideas first-class races at Henley, and his of merit. Mrs. Whittingstall made. most successful year was 1896, her opponent run a lot in the when he won the Grand Challenge opening games. Miss Scriven was Guy Nickalls was 68 years of age. Cup for Leander, the Stewards" for not at her best and made too many His father. was the late Tom London, and the Goblets with his errors, especially on the backhand. Nickalls, one of the original mem- brother, V. Nickalis. bers of the London Rowing Club,
In 1895 his father presented the who had hoped that his son would regatta with a challenge cup to become a cricketer. The ambition commemorate his sons successes was not realised. Guy Nickalls, in winning the silver goblets, either when he went to Eton in 1889, together or with others, for the five weighed only 8st, and, nick-named | previous years. "The Midget." he started as s.cox But it was characteristic of Gay in the Lower-Boy Fulling. He soon Nickalls that he should be fond of began to put on weight, and his all outdoor sport. He used to say rowing at Eton was so consistently that if he had not been a rowing good that there remained no doubt man he would have gone in very
for Five thoroughly
and hunting of his success at Oxford. times he rowed in the Boat' Race, steeplechasing.. and between 1885 and 1897 the row- ed or sculled 68 races at Henley Regatta. Of these he won no fewer than 57.
OLYMPIC EIGHTS OF 1908 His rowing career, however, did not end until 1908, when, at the age of 41, he rowed in the magnt ficent Leander crew which wou the Olympic Eights for England.
His stamina and his wonderful skill made him an ideal stroke with the gift of inspiring really great efforts. He made light of dimcul tlea,
い
Not long ago he was laid up seriously through being drenched to the skin, and it left him with arthritis in the knee. Yet he said last week at Henley that he had never felt fitter in his life.
In 1918 he served in France with the 23rd Battalion Royal Fusiliers. Riding, shooting, fishing, and A member of the London Stock | swimming--all made a great ap Exchange for 30 years he also appeal to him, and he was the ad peared at one time on the stagu, miration of a very large circle of He married in 1898 Miss Elen friends. The cups, goblets, bowls, Gilbey Gold and leaves two sons medals, and badges he won repre One of them, Mr. G. O, Nickalls, is sented in the mass a remarkable as famous an oarsman as his father sight. because of his 'remarkable rowing career since the war.
In his great career, writes G. C. Drinkwater, he won five Grand Challenge Cup medals, seven races in Stewards, six goblets, and five
The last remark he made to me at Henley on Saturday evening after the final of the Stewards Cup was: "I have just seen the finest rowing I ever saw in my life. Thank God I did see it." He was
with which the Reich could easily times the Diamond Sculls He was referring to the Swiss crew from do without tranenceon Run in champion of the Thames four Zurich
Mrs. Whittingstall, in the second. set, ran away to 5-1, dropped an- other game and then completed the set and her victory; 6-3. 6-
Hers had been a fine display or well-varied lawn tennis, in which she declined to allow Miss Scriven the opportunities" she likes for her Beldom does forehand "wallop." Mrs., Whittingstall play a whole match so consistently.
S E. Levy & Co.
17, IUR HOUSE STREET INVESTMENT BANKERS & BROKERS
NEW YORK COTTON EXCHANGE
11
COMMODITY EXCHANGE, INC. N.T.
CHICAGO BOARD OF TRADE -
CANADIAN. COMMODITT EXCHANGE, IMO.
CORRESPONDENTE
WHITE, WELD & CO., NEW TORK
in a way
Good Printing will get your
Sales Message
across
faster-
that it will stick!
Phone or Write direct to:-
HONGKONG DAILY PRESS
Specializes in Printing Scientific Journals, Missionaries' Tracts and Reviews.
All kinds of JOB printing, Book-binding and Stationery undertaken
At Moderate" Prices.
Please call at the Printer's Offes at 11, Ice House Stree (Tel. 30251) and not the Middleman for Estimates.
SOCIAL STATISTICS IN FRANCE
LITVINOFF IN POLAND
"{Special to the "Hong Kong Daily
Press" (Copyright).]|| [Special to the "Hong Kong Dally
Prague, July 26, Press" (Copyright).]
The suppositions of the last few Paris, July 25:
days that the Soviet foreign com- Although as the statistics for all missioner M. Litvinoff is staying in similarly ta inst France for the first quarter of the Marienbad year 1935 show the number of mar-year, have now been confirmed. riages have increased and divorces by the Czech paper, "Telegraph" declined; the striking fact. Is that which has close connections with births have declined, and deaths the Czechoslovakian foreign office.. Increased...
Märriages were 59.120 as against 56,325 in the same period last year. divorces were 4,296 as against 4,309 whereas births were only 166,590 as against 176,962 and deaths 200,048 as against 189,244.
The Soviet Ambassador. in Paris.
M. Potemkin, as well as other dip- lomats, adds the paper, have also arrived in Marienbad which gives ground for the assumption that Litvinor's sojourn in Marienbad is not solely due to a desire to take curative waters:
That is births are lesser than deaths by 33,456 as against only! The date 12,282 in the same period last year.
fault. Occasionally Mako put the perfect shot down the lines, and
in the Afth game of the second set be held the German to deuce.
for the prospective meeting of M. Litvinoff and the Czechoslovakian foreign Minister, M. Benes, has not yet been, an- nounced.- Transocean Kuo Min
tlety. An attempt at a low lob QUOTATIONS APPEAR ON PAGE 3 Then, however, Mako lacked sub | NEW YORK STOCK EXCHANGE was disastrous, and a drop shot, dropped not short enough was pounced upon-and another game went to Von Gramin.
The second set went to the Ger man baron 6-1 and at this stage he was in such smashing form that people were predicting a stormy final for Perry, If these two“ get through according to the Wimble- don plan. Still a man plays as
SCOTS ARTISTS' SUCCESS
SOME THRILLS There were plenty of thrills
(Special Air Mail Service) the match between-Mako and Von
London July 12. Scottish artists have had a Cramm. Mako, though apparently nervous at first, went boldly for
very good year at the Royal Academy Exhibition, which has his winners, both with vollies and this had the drop shots, But effect of producing from the Gar-well as his opponent allows him- entered upon its last month,
and Mako was, generous,
many of their works having been man some of the best tennis ne
acquired for public and private "A BIT OF A SHOCK has ever played in th's country.
The third se was something of collections throughout the coun- He won the first set 8-0 and ar- though his superiority was not so a shock. Von Cramm lost his try. Bir D. Y. Cameron heads the great as this score suggests, he was steadiness, apparently feeling the Scottish price-list, his only exhi always the dominating force when heat while Mako had by now de-bit, a colourful Highland lands- veloped a simple straightforward cape"The Heart of Perthshire” a" deuce" point arrived.
Mako's efforts to lob von Cramrú game, giving nothing away. Mako-fetching 500 guineas while a practically always fa'led, and when won the first two games, and al- very fine example of draughts- the American came up to the net though the German pulled up to manship by Keith Henderson, the on a fast drive to the backhand 2-all, Mako won the next three Inverness-shire painter, has cost corner he would often be passed by Von Cramm had to night hard to the Worthing Art Gallery a sub a short made with such ease and win the eighth game, but he had stantial figure. The municipality perfection that Mako looked u no chance at all in the ninth, of Bury has just bought a land- novice. Lack of experience was which Make won to love to capture scape by Alexander Jamieson, the Glasgow-born artist, while two evident in the play of the young the third set. 6-3.
Every point at the start of the pictures by the late Mr. Farqu American, me
fourth set was Bercely contested, barson have also been sold. The but von Crainm slowly and surely drawings to date amount to £11- drew ahend Mako was finished. 380, which compares favourable and the German passed into the with the total of
Not until the fourth game of the second set did Mako register any, success Even then after leading 46-love, be nearly threw the game away with a poor shot and a double last eight 0.3A61 entire run of 13 weeks last year.
for the