12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Bayera Jalleri Balen Nominal
TUESDAY. *JULY 30.
snarebrokers' Association
Jailers
Buyarı
Besky
$1,045
$1,045
106 t3
1. A. Banks born an do (Losdon) ... Chartered Banks...
$1,040
413)
129312
Mercantile Uks. “A
2134
£31 £13
37 +
Du.
Bank of East Aslik ... N. C. & S. Barks ... Am. O. Fin.Corp: S. Cu.Fin Corp. ord. S.
PAL
110.
« InsuranenE
HONG KONG DAILY PRESS. WEDNESDAY, JULY 31, 1935.
DELEGATION TO THE KING®
Relief Sought By Danish Farmers
(Special to the "Hồng Kong Dally From" (Copyright)-1
Copenhagen, July 29. An assembly of 50,000 peasants in front of the Royal Palace on Mon- day, was unaccompanied by any
form of imposing a nerce bus or derly demonstration in order to call the King's attention to the Danish farmers' distressed sirua-
ARMS EXPORT QUESTION
Swedish Minister's Statement
(Special to the "Họng Kong Daily Pres" (Copyright).1
'Stockholm, July 29.
SHANGHAI DOCK
Proposal Made For Amalgamation
Shanghai, July 25.
The 29th annual general meeting. of the shareholders of the Shang- hal Dock & Engineering Company was held yesterday, 19.336 shares being represented. Mr. H. Y. Wu- The Press here an Mondaykinson presided and was supported gave great prominence
by Messrs. A Widmann, FA
Burns (managing director). M, Reader Harris, legal adviser to the company, was also in atten- dance.
to
n
untoward incident, and took the speech made by the Swedish For Pollock, D. Morison, and W
eign Minister, Sandler on Sunday. when he declared that the at- 'titude hitherto adopted by "Swe- den in the arms export question left her hands free for the future. During the February session of the League of Nations commission for the examination of the inter- national arms traffic question,
30tion.
$370 $301 3175
Canton lisULIS,IUGA,
$193
Underwriters
10 ct.
$370
Unten Absurdude ***
China Firos
*****
$389
$200
|laternationai Asma, 3.
Shippber
$38
Douglases
>35
#4
Steamboats
34
Indos (praf
$30
$13
Do. (def.)
71/10
Shells.
Waterhonta
512 71/e $11
Mining
lil ots
Amtamoks.....
$16
Balateos
et
Baguio stall
70 8.
23
$30
$12 Benguet Consolidated gets
Do Exploration Tet.
Bote. Big Wedge...
Du
United Paracales ...
12 "oba 110 cts.
Goldfeld...
94 ct..
6 co..
Gold ver
FAL
5 sta
30 eta.
Gold Creek...
133 ots
***
19 00
Salacet Mining....1} 4.
90 ots,
ipo Mining.
36 cts.
togons
13/6
Keliods
$14
Langists. (single) d.
Explorations......
$4
¥k
Shangbai Loans
5.
$1.80
3741
.378
312.40
10/0
22/6
$8.10
3
Haubs........
12.30 Venezuela Gold Fid. $2.90
120 ct.
Docks, WharrON,
Godowna,, she,
H.K. & K. Wharton.
Do. (old)
Do, (now)
Providents (old) ....
Do.
(Low)
H.. W. Docks.
$74)
las eta
!!!!!
13,8 8114
378
$75.
70 cia,
A delegation was received by the King in the presence of Premier Studning. The delegation handed
The Chairman said:
S."
MI.
Conditions under which indus-
trial concerns in Shanghai have had to work during the last twelve. months have been full'of difficul-. ties and we have had our share. Depression in trade, and shipping In particular, has forced local and other shipowners to reduce all re- pairs and upkeeps to the lowest possible figure, and the large num- ber of ships lald up and put of com- Sweden, continued the Foreign mission reduces the amount of Minister, was on the point of work at present required. concluding EL trade agreement
With regard to the suggested with Abyssinia on the most merger or amalgamation with the favoured national basis, the Swe- NEW, as you are aware the
fence..
in to the King a resolution de-emphasised Sandler, it was just manding that agriculture be ac- Italy's delegate who declared that corded protection as in other
it was against the price embargo branches of Nätional economy.
on arms to a small state attack- The King replied that under the ed by a large power, thus de- constitution he was no competent priving it of all its means of de to express an opinion on the merits of the resolution, and would there- fore suggest that the delegation, bearing the farmer's grievances, be directed to the attention of the Prem'er. The delegation then had half-an-hour conference with the dish representative having ar-scheme was first mooted by the Premier, but subsequently Inform-rived at Addis Ababa for this pur- New Engineering Co. in order (1) ed the crowd which had patiently awalted developments, that the as- surances given by the Government were unsatisfactory, because it "meant a further delay in action.
The assembly thereupon entrust ed the Economic Committee of the Farmer's League with the task of taking the necessary measures to win recognition of the farmer's de- mands.
They then dispersed with perfect "d'scipline. Four of the leading political parties have in. the mean- 10 et time, agreed on the proposal that duty.be levied on all foreign corn, so as to raise the Danish corn above the world price level. It remains to be seen whether this measure will be regarded by the farmers as an adequate answer to their de- mands--
ex div. $78
S. Chains Motors' A
Do.
*B* Shanghai Docks S.
190
$240
New Engineerings. Hongtewa
34
B.
Lands, Hotels, and
Buildings
H.K." Hotels
33.90 $30
$100
H.K Lands......... Du, 4% Debentures
Transocean Kuo Mim
* WAR ON CHURCH
AUTHORITIES
$3.80
31 $100
310
Shangusi Lauda."8.
Metropolitan Lands..
$4
H.K. aalties.............
14.
34
„China |D9 patentour De
$123
Lia. Debenturess.
[Special to the "Hong Kone Dany Press Copyright).)
Humphreys ..........................
$8
$35
"B" S.
الدار
New Asia Hotel... At Realties “A”S.
Chinese EstALON.......
Cotton Mills
Do.
Edinburgh, July 29.
A determined struggle. is being earried on by Provost William Murray against the Scotch Pres-
pose on July 26. This did not
to cut down overhead expenses and mean that Sweden would imme (3) to reduce competition between" diately commence supplying muni- the two British shipyards. I men- tions to Abyssinis, in fact no tioned at our meeting last year application for an export licence that negotiations for the proposed had been received by the Govern- amalgamation were then in ment, but it was the duty of the abeyance. pending the return to League of Nations commission to Shanghai of the NEW. directors. give their unbiased decision as to but, they were resumed through- whether the circumstances. did out the winter months, and several not justify the unrestricted de-scheme were considered, but no livery of arms to Abyssinia.
the
Should it fail to do this, then according to International law every state would be in the position to decide the matter for herself-
Trancean Kua Hin
THE TOURIST TRADE
Britain Reports Increase
London, July 29.
byterian Church and this · ន Figure published by the Home being followed with intense in-office and the Travel Association terest by 'Scottish church-goers. indicate the continued growth of At the last examinations, Mur-tourist trafic into Great Britain ray arranged a harmless dance During the quarter ended June at his house for the, young people. 30 this year. there were 62,141 For this "shocking behaviour he holiday visitors and 22,213 busi was dismissed from office and ness visitors to Britain, a total of deprived from all ecclesiastical
***
$88
个
BwQu
105
$40
'bat Cutton(old S.
10.
$5.
101
¡news.
$47
18
$25
Wing Un Textiles(S.)
Public Utilileg
$25
framways | $12)
871
Pusk Fracas (old)...
J8
Do.
(new)...
3
476
Star Ferries *** $76
rights.
$17.60 Yanmasi Ferries ...
317)
$3.60
China Lights III
301
$67
$52
H.K. Electrics. 156]|| Macao do.
GHAZAL
་་
Sandakan Liglita ...
38.30
$11
$8
Telephones (oid)
Do. (new)... China Buses ******* Trectivas
Du.
(pret.)...... Industriais Malabon Bugart
$194 Caldbock, foru.; s.
Masgregors}{prať.jb.
********* $1.45
$1.80
Hopesyonaman!
Stiscellaneous
Dairy Farms (492
Constructions, (old)} $1.10
Do.
(now)
Lane Crawforda..... ..
$13
$1.80
$42
Canton Ice ¡Cements
$2
$16.80
$1,80
$4
Amusements ******
Ch. Ftainmenta......
$1.10
60 att
$3
37
Mackintoaha 90463 se Nanyang Tobacco...
84.70
$3.35
70 cts.
M. Greyhounds
*་ས
21.30
a. C. Enterprises
93.
preu
$4
$65
8'
Dor
Vibro Pileng
Sincerca
Watsons mor
Wm. Powells.
b.G. 5419250.3Bda| 897
11.K. Govt. 4% Loans| 617),
Do, a4%
Wallace Harper......
9.K. Wing On
$21 13
A
the
84:354, against 75,969 in the same quarter of last year. These figures "His doswer was to declare
do not include visitors from the church authorities Dominions and Colonies or week war on and to hold services on his own end visitors, who come in large account in the Town Library in numbers- Dornoch. These services are British Wireless. meeting with enormous success- hundreds of
to people flocking attend and as many more have to be turned away, as the building is always packed full,
On the other hand, in the om- cial Presbyterian Church, the congregation has dwindled to such an alarming minority, that the services have been suspend- $15.70 ed.
$1
#42
cts.
事迹重
$3
$4.70
53
55 ots.
183
Transoce in Kuv Min.
HALLIBURTON FAILS« IN HIS ATTEMPT
SCHOONER DESTROYED
BY FIRE
[Special to the "Hong Kong Dalby Press" (Copyright).]
Bremen, July 29. The four-masted schooner. "Mo pelen" owned by Count Luckner, who was at one time the Comman der of the famous German raider Seeadlar" was completely destroy ed last night by fire which was probably caused by a short circuit. The vessel sank and is feared to be a total loss,
T
Special to the “Hong Kong, Daib
Preke” (Conuright).1
Some years ago Luckner made Rome, July 29. The American writer, Hallibur- several, trips on board this vessel ton has falled in his attempt to which then was called the "Va- emulate Hannibal's example by terland"to the North of South- reaching Rome on top of an elep-ern America, where he delivered hant, both Halliburton and the lectures on Germany,
Captain Lauterbak who accom pachyderm having abandoned their Journey at ChivassO and have panted the Count on these voy proceeded by motor truck to ages, and was on board with Luc-
solution could be found to the problem of quldating the New Engineering Co. Preference shares A joint circular letter was" then sent out to all Shareholders of both companies, explaining the position and indicating that when more favourable. financial conditions prevailed, it was hoped to renew the negotiations.
AMALGAMATION DISCUSSIONS
While I regret to state the finan→ cial outlook of the port has not im- proved negotiations have lately agan taken place, and I will now explain, as briefly as possible, what. has taken place in our discussions with the New Engineering Works. The whole proposition, has received the very careful consideration of your Board for a long time. Your Directors, and, the Directors of the New Engineering Company, ap- pointed a committee of four, two from each Board, to go into the K An whole question, and see equitable scheme could be evolved. pointed our auditors. Messrs. Lowe. Last December this Committee ap- Bingham & Maithews, and Mesars:
Thomson & Co., auditors of the
New Engineering Company, to work jointly and to endeavour to come to an agreement in producing a scheme which might be acceptable to all parties. After much labour, and after procuring outside valua- tions of our fixed assets, Mr. F. N Matthews and Mr. E, S, Wilkin- son sent in a joint report" in February 1935. There were several points which your Directors felt re- quired further investigation..
In the first pisce, this report showed that the ordinary revenue accruing to your company for the eight years to April 30, 1934, was Tis. 2,535,000, whilst the New En- gineering Company for the eight years to December 31, 1933, earned Tis. 1,460,000, which means, that, after providing for the "preference dividend, the earnings of their ordinary shares were rather less than is 500,000. A fact that csused us even more concern was
that for the three year to April 30. 1934, the Shanghal Dock Company made a profit of Tis. 528,000, whilst the New Engineering Company for the three years to December 31, 1934, showed a profit of Tis, 57,500. which presumably means there was
S E. Levy & Co.
7. IOE HUSE STREET
INVESTMENT BÄSTART - 4 BROKERE
NEW YORK COTTON EXOMANAN
COMMODITY EXCHANGE, INC. N.Y.
CHICAGO BOARD OF TRADE
CANADIAN COMMODITY EXCHANGE, INC.
COREFUPONDENTS FOR
WHITE, WELD & CO.. NEW YORK
TRUCULENT TAILPIECES
by
NO QUARTER "
STRAIGHT
AN AMUSING BOOKLET CONTAINING EXTRACTS FROM
FROM THE SHOULDER# REPRINTED FROM HONGKONG DAILY PRESS.
A SURE SPECIFIC
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DESPONDENCY & DYSEPSIA
PRICE: $1.00
NOW ON SALE
HONGKONG DAILY PRESS OFFICE
AND
ALL BOOK STORES.
NEW YORK STOCK AND COMMODITY QUOTATIONS
(Through Reuter's Agency)
New York-London
Cotton, October .....
11.50
July 29 Last Close Open 10.20 10.40 11.00
4981
496- 496 496 11.49 11.50 11.49
Cotton, May Dorosananınmı
11.26.
11.27 11.28
11.28
Rubber, December.......
12.20
12:27 12.27
12.28
Chicago Wheat, September Chicago Wheat, December Corn, September Corn, December
921
911 921
037
921
93
77
762
767
64
834
631
STOCKS
437 43
43
421
27 274 27+ 261
261
94 91
97
94
382
381 387 381 38+
·American '8melting Consolidated Gas" ot, N.Y EL, Bond and Share General Motors .. Int. Tel and Tel. Loew's Inë, “........ Montgomery W.
101 104 101 104 104
301
39
39€ 381 381
321
32 321
32 321
20%
208
201 201
204
Standard Of Co. of NJ. US. Steel
461 461 434
461 481 431 43
464
427
427
N.T. Central
TEA. CONSUMPTION CAMPAIGN
GERMAN TENNIS ACE ROBBED
(Special to the "Hong Kong Dally
·Press” (Camright).]
Brunswick, Jul. 29.
While the German tennis ace. Gottfred: Von Cramm was batt
Monday, and Incidentally win- ning the German Bingles Cham- pionship, a thief entered his
A light railway is being planned would be enforced in the south on Turin from where the elephant kaer when the fire broke out, dur-ference shares. At the same time, world, by co-ordinating the existing on the tennis courts here on
between Tungkuarhalen and Sian August 1.
which will facilitate the transporta- tion of the rich coal deposits in the Sixty-four students of the School region to the Lunghai railway line. Automobile Technique of the The Shensi authorities are reported Bureau of Roads, National Econo to have asked the Ministry of Rail-mie Council, Nanking, who recent ways to take steps to construct the ly arrived in Shanghai, will visit new line,
the workshops of four local concerns during the next few days.
The editor of the China in the Foreign Eye Press" in Shanghai,
will be shipped back to the Ing the War had been navigating officer of the other famous Ger- Paris Zoo,
man raider "Erden.". raniocean. Run Mán
It appears that Miss Day cracked up under the strain of walking on an asphalt road-a condition with which Hannibal's herd did not have to contend-, ber feet having become sa sore that she refused to carry on.
HOME FOR ASSYRIANS
London. July”:29.
On top of this Halliburton him-At question time in the House
down
Landon, July 29. India, Ceylon and the Dutch East Indies have launched a pub- a deficit of Tis. 302,500 after mak city campaign plan to expand ing provision for dividends on Pre-tea consumption throughout the on December 31, 1934, the Shanging propaganda campaigns. hal Dock Company's liquid assets. For the purpose of the plan a showed a surplus of more than Tls. sum of over £250.000 will be al 350,000, and the New Engineering located yearly, the sum to be de- Company's liquid assets, after rived from a special export tax- allowing for preference dividend Leuter. dividend due, showed a deficit of more than Tls,.450,000.
TRAIN COLLISION IN SPAIN
(By Tolagraph, Copyright, Tate
A deficit of over $14,000,000 is self was injured when the motor of Commons to-day the Foreign has been sentenced to 15 months reported to have been registered in car in which he continued Becretary. Sir Samuel Hoare, stat imprisonment by the Hupel High the budget of the Cheklang pro- the journey after the elephanted that he understood the French sidded Government had accepted the Court in Wuchang on July 20. Hovincial government last year ac had let him was convicted under charges of cording to statistics made public in and overturned near Calvas proposal of a committee of the graphic Messages Ordinance, 18 propagating doctrines contrary to Hangchow. This was caused by the which caused the American League of Nations Council for Received: July 60 4.90 p.m.) Sun Yat Sen's Three Peoples Prin-severe drought when the land tax to remark that riding on top of technical discussions to elaborate ciples
was exempted, thus reducing the an elephant was evidently sales a detailed plan for settlement of More than one hundred persons revenue by some $2,000,000 Other than riding in a motorcar factors responsible for the deficit Transocean Kuo Min
Mr. Ou Fang Pu, Commissioner of Finance of the Kwangtung provin clal government is reported to have demled that the "Elg Dollar system
were the non-collection of $4,000,000
Madrid, July 30.
Assyrians from Irak in Gharb | were injured, six fatally, when two ares in Syria, and discussions will, passenger trains collided on start in Beirut at the beginning Monday near Bauricente owing
to faulty switching Britch Wireless.
worth of other taxes, and $4,000,000 repayment of outstanding govern- of August. appropriated for relief work and the ment loans.
NEW MASTER OF GRAY'S INN
dressing room at the club house. and stole his suit of clothes, con taining a tidy sum of money, a gold watch set with diamonds as well as a newly won tennis trophy of the German Tennis Association
Transocean Buo Xin:
<Special Air Mall Service)⠀⠀⠀
Minister in the most discussions London, July 18 with the British Government Mr. HG Menzies, ED., the has not long concluded a private Australian Attorney-General, bas, ches before the Privy Council. He La learn been appointed an also heads the Australian delega honorary Master of the Bench of tion to the Empire Parliamentary Gray's Inn writes a correspondent Conference, ru
He is only the second Australian Among other tasks left to him to receive this honour, other by his Prime Minister, Mr. Lyon, “being Mr. W. M, Hughes, the pre-, on-utherg
departure from. ent Minister for Health.
London was the ntinuation of negotiatione" for the great =:1937 Imperial air mail chema..
Mr Menzies is versatile. He has been the leading Australian.