DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers' Association
Buyers
Sales Nomina
FRIDAY, AUGUST 2.,.
Bellune
Buy sen
Balen
Banky
H. Bazka
HONG KONG DAILY PRESS. SATURDAY, AUGUST 3, 1935.
NEW YORK STOCK EXCHANGE
`through Routery Agency)
New York: August 2.
QUOTATIONS
div. $1,050
e d
$1,045
£103
£131
Bo. (London) ....... Chartered Banka ...
2131
231
Mercantile Bs.
*A*
31
K
£13
3764
2132 $76
New York/London Cross-rate New York Cotton-Oct. New York Rubber-Sept. Chicago Wheat Sept. Uhicago Corn
-Sept.
Montreal Silver -Dec.
"Silver-Offcial
ats
22 cta,
$76
Hitm
18..0
#
$76
381
$501
13
10/6
1211
22/8
1374
ARTI
IS
$203
Du.
Bank of East Asia...
N, O. & S. Barka ....
Am. O. Fin.Corp Ch. Fin Corp. Ord. 8.
Do. Pref. 3. Insurances
Canton sursados.......
Underwriteru
Union Insurances.....
10 c
China Fires
3393
H.K. Firas
International Asson. S.
Shipping
$36
$35
Steamboat.
$30
ludos (pret.)
313
Du. (del)
74/43
Suella
Juž
Waterhosts
Douglases
74 C.
$18
Mining
Antamors
Bajatcos .........
Baguio Gold ......... 23:0.
$12.90 Benguet Consolidated
Exploration 12 ct.. Do. Goldfield ...
*
frs.
$7 60
Haube..................
32.30 Venezuela Gold Fida. $2.50
85 ots
|20 cts.
Docks, WharTOR,
Godowns, etc.
H.K. & K. Wharves
Do.
A. Do.
Providents (old)
Du. (new) ...
H., W. Docks
S. Cuina Motors 'A'
B
Shanghai Decks S,
"$749
..$6+
+
!
บ
Lant Today's High Low Close Close Change 4.98 1.95 1.96% 4,907 up Very dull 11.59 11.49 11,69 11.49 0.13 off 12.23 12.15 13.22 12.9 unchanged
63) 952 93 941.
1g of 781 78
7: 1 up 69.69 88.75 84,20 68.90 0.10 up
unchanged: 671871
Dow Jones Averages, High-1934/35 Low July 31.
Aug. 1. Chang
$195
3) Industrial
127.04
84.58 126.93
135,45
20 ts.
20 Raile
52,96
*7.11 36.95
35,04
.38 off .81 off
$370
20 Utilities
31.03
14.39 23.86
93.78
$302
40. Bonds
97,47
84.73 96.96
$155
11 Commodity Ladox
83:25
98.88 54.22
.08 off .03 ou .19 of
41.98 55,41
Business Done:−1,880,000 shares.
Int. Tel & Tel.
Johns Manville
Kennecott (151)
Loew's (1)
Lorili. (1.20)
Pac. Ling. (3)
Packard Motors
Canadian Pacific 101 104 Sears Roebuck
ཟླཝ བྷཊྚཏྠུནྣཏྟཱ ཊྚ། jཡྻུབྷཱཎྞམྦཔཎྜ#ཏྟཾ ཨྠཝནྟ= ཿརྠེ༔ཊྚཨྰཿནྡྷཎྜ1ཎྞ#ཤྩ
THE SHIPYARDS
Effects Of "Scrap
And Build” «
Tyneside, Wearside, and Tees side are now to feel the effects of the scrap and build" scheme. Last week it was officially, an nounced that Messrs. Swan, Hun- ter, and Wigham Richardson.
A
Ltd., Wallsend, were to build a ship under this scheme" for W
shipping firm with which they are Essociated. This will be the first vessel built under the Govern- ment's scheme on Tyneside, and brings the number of ships under construction at Messry. Swap, Hunter's to seven.
241
321 324
Last Sale
$30
19
Stock & Div.
July 31 Aug, 1
73.14
$11
Adains Express
71
74
Stock & Div. Gold Dust' (1.30)
Last Sale July 31 Aug. 1
17
181
Amer. Can (4)
1424
144
Goodyear
194
197
Am
Cyanamid "B"
Int. Cement
281
28
(.25dr.)
21.
213
Int. Nick (80)
101
103
Am. For. Pwr
41
42
64
824
11ts
Am. For. Pwr. $7 1st
191
19
(12 eta:
Do
Pt.
321
321
49
391
10 ctr
Am. Locomotive
18
178
241
8.cts. Big Wedge
94 cts.
Am. Radiator
171
174
721
724
5 Ch Gold Biter...........
5 DLL.
30 cta
told Creek..........
Am. Smelting
421
413
Mont, Ward
United Paracales...
33 ota
Am T. and T.. (9)... 1307
1313
Nat City Bk. (1)
12 ct..
Salacot Mining.....
11 otb.)
Am. Tob "B" (5)
... 100
991
Nat, Da P., (1.20)...
90 ets.
ipo Mining...........
Am Waterworks (1) 12)
123
Nat Distillers.....
29** 293* 161.
101 261 261
38 ots.
Liogons *******
Am Waterworks $6
13/-
Kallans
13/
pret (6)
714
731
Nat. Pwr. Lt. (80)... N.Y. Central
. 9
21
201
$14
Langkets (single) 5.
Explorations..... 9.
34
Anaconda Copper
164 15'
N. Amer. (50c. 4%s
19
194
Shanghai Loans
341
Atch. T and 8. F.
Pac. Gas (1-50)
25
241
1
371
(2sd:)
542
544
401
.. 401
Auburn
Automobile 273
*264
5
*
Baltimore & Ohio
13A 131
Penn. Rly. (1)
267
261
Bethlehem Steal.....
37
361
Phil. Petro (1)
201
20++
(old) (new)
178
Boeng Airplane
101
101
Pub. Ser N.J. (2.80.
40
391
$70
Borden Co. (180)
491
49
Radio Corpn.
,"
62
61
|60 cta.|60 cla,
Borg Warner (idr.)
674
Rey. Tob "8" (3)
543
547
10 ota. Case
Schenley
31
31
521
53)
Caterpillar Tract.
547 544
Soc.-Vac. (.80).
131
13+
$78
$78
34
New Engineeringed.
'4
Ch. Nat. Bk. (1.40) C'Peake Corp. (2.50)
311*
313 Brn. Cal. Ed (1.50) 194
19
Southern. Paclic
191
191
$240
Hongkows "...
C'Peake Corp. and 442
45+
Stan. Brands (1)
15)
147
Lands, Hotels, and
Oblo (2-80).......
451
45%
Stan. Gas..
4.
!
41
Buildings
Chrysler (10)
60
59+ Sta O NJ (1)
47
471
Col. Gas & Blec, ...........
88
81 Ster. Pro (280).
642
83
$3.-0
H.K. Hotels
83.80
+
Comm. Solv. (60)... 20
197
Studebaker Corpn
$30
H.K Landa..........
181
181
1201
310-1
Do. 4% Debentures
Comm. Sthrn,
11
12
$100
Texas G. Sulp (2).......
343
341
$20
Shangnai Leads....
Comm. Storm. $6
*
Transamerica (1,121) 7
67
cum. Pt. (8)
521
517
Un,
Siu
14
34
Cons, Gus, NY (2) 294 291
Car and Carb (1.40)
641
น
China to .......
Cons. Of (.28)
BI
Ua. Pac. Rlys. (8)... 1061
$133
10. Debenturess
Cont. 01 (25)
21
20+
Un. Aircraft Corp...
167
63L 1052 16+
Now Asia Hotel
Corn Proa (3)
691
$35
Un. Air Line Trans.....
61
Asta Healtics “A” S.
Do.
Douglas Aireraft
284.
28
Unlted Corpn.'
4
31
".
Du Pont (2.602) `..... 1071 1061
Unil, Gas Impr.: (1:20)
151
$88
Chinese Estates.
Elec. Bond & Share 102
10%
Univ Leaf Tob.
(2)
58
-
U.S. Indus. Alcohol...
40
151 591 40
$8
Elec. Bond $6 P1 (8) 70
US. Rubber
$65
104
·540
Do.
(now).
Fox Film "A"....
151
16 U.S. Steel
431 431
$42
$84
Zoong Singe
Gen. Elec. (80)
291
Vanddium
18 157
225
Wing On Textiles(8.);
$25
Gen. Foods (1.80)
36% 361
Warner Bros.
Plets."
51
51
Publis Utilk:KON
Gen.. Motors (14)
381 384
West E. & M. (.55).. 851
Tramways a................. $12).
od
Gen. Rly, Bigs (1).... 33
Call Money
10%
64. 108
Poak Trams (old)...
18
Do. (new)....
Star Ferries
$76
"Bid"
' ex. div.
* possible inutilation
$17.50 Yaumasi Ferries
$174
+8)
China Lights...............
38
H.K. Electrics...) $663
$214. Macao do.
Saudakan Lights...
Telophones (old)
ex div
0.60
18.30
i. Do.
(new)
ex div. $790
$11
...
Metropolitan Imode, H.K. Goalties........
Humphreys oeu
Cotton: MUL
Ewos.........................
S'hat Cottousfold S.
$194
$13
$1.80
Canton fees
12
[$15.70)
$1.85
$4
$1.10
00 ot1.
$3
$1.45
14.
$1,80
i China Buses.......
Tractions
Do.
(prat).....
Industriais
Malabon Sugars
Caldbeck, ora...) s.)
Macgregors fiprof.)8.
Cementa
Bopo...=44444
Miscellaneous
Dairy Farms a
Amusementar
Ch. E'tainmentada
Constructions, (old)|-$1.10
Do.
Lane Crawfords...
Mackintoshs
Nanyang louaceo...
(new)
***
$161
36 cts 121
$3
$4.70
13
Elec. Bond $5 PI (5)
THE BLAIRGOWRIE
133 134
SINO-SOVIET CULTURAL ASSOCIATION FORMED
Nanking. July 28. · The first meeting of the promo- ters of the Sino-Soviet Cultural Association was held yesterday arternoon during which a set of
cently made an exhibition tour of Russa. Mr. Sheng. Chen, another noted painter, and Mr. Cheng Hst- Meng, distinguished writer.
The objective of the Association
will be to study Chinese and Russian culture and to promote friendly relations between the two countries.
So far lessrs. Williani Doxford and Sons, Ltd., Sunderland, hava beneâted more than any other firm on the North-East since the Inception of the "scrap and build" proposals. Several weeks ago they Looked the order for engining two 9000-ton ships to be 'built by the Furness Shipbuilding Com- pany, Ltd., Haverton Hill-on-Tees for the Reardon Smith Line of Cardiff. Their latest work comes from Messrs. Sir R. Ropner and Co., Ltd., West Hartlepool, for a motorship of 9000 tons. Incident- ally, it is interesting to note, this will be Ropner's first motorship. They have a feet at present of about 50 vessels, all of them steamers.
The Ropaer vessel will be on similar lines to that ordered by Lord Runciman. To comply with the regulations of the Ships Re- Messrs. Committee placement
three of Roper have to scrap their vessels, each of 6000 tons. The order is understood to be schiething of an experiment op Messrs, Ropner's part in order to ascertain the relative merits of steam and motor driven tonnage Delivery will not be made until next April.
In the meantime a 9000-ton ship is being built by William Gray and Co. West Hartlepool, for the Ropner Line. If the experiment with Doxfords'.order is successful it may be that the vessel under construction at Gray's will be the It Ropner Line's last steamship. will be recalled that the firm has spent many thousands of pounds bringing their fleet up to date by installing Ruperheaters, etc.. Mesars. Gray's engine works.
CLYDE OUTPUT
at
Work in hand in the Clyde dis trict is gradually being reduced. and the launching output of too
since the beginning of the year is now approaching 90,000*
nage
tons.
art
increase.
Against that comparatively high output the amount of work which has come forward in recent months is negligible, and the empty berths
rapidly
the on Following the launch of the Bibby liner at Fairfield and the motor Messrs. cargo vessel Karu from
firms have Stephen's, these two nothing but Admiralty work on the stocks. and the only mercan, tile work in the building berths in the Govaa district are two tankers and a motor coaster under construction by Messrs Harland and Wollt.
In the absence of new contracts being placed soon, it is inevitable that there will be a big falling off in employment shortly after the Fair holidays, by which time sever.. al of the vessels now being fitted out will be ready for delivery.
Now that the strap and build" plan is beginning to take effect on the "North-East Coast, it is to be hoped that some of the orders under the scheme will shortly be placert with Clyde frms.
"MOTOR LINER
S E. Levy & Co.
T. ICE HOSE STREET
INVESTMENT BANKERS & BROKERS
NEW TORK COTTON EXCHANGE....
COMMODITY EXCHANGE, Ind. n.,
CHICAGO BOARD OF TRADE CANADIAN COMMODITY EXCHANÙE, ÎNC.
CORRESPONDENTS F^*
WHITE, WELD & CO., NEW YORK
NEW
YORK
STOCK AND
>1
COMMODITY QUOTATIONS
New York-London
Cotton. October Cotton, May
Rubber, December
(Through Reuter's Agency) ́
Chicago Wheat, September
Last
August 2 Close Open 10.30 10.40
"4951
11,00 4952 495) 4051
11.49
11.48 11,46
11.49
-11.23
11.26 11.20 11.22
12.42
12.38 12.38
931
924 924.
Chicago Wheat, December. 947
.933
931
Corn. September
*7773
771
77+
Corn, December ...
631
624 62+
STOCKS
417
42+ 421 42
201
101
382 382
381 381 38
101
101
397 32+
201 21+
Standard Oil Co: of N.J. US. Steel
47+
43+
43
American Smelting Consolidated Gas of NX El. Bond and Share General Motors
Int. Tel and Tel. Loew's Inc. Montgomery W.
N.Y. Central·
The work in hand at present is į still being shared among three firas-Messrs. Swan, Hunter and. Wigham Hichardson, Ltd.. Messrs. and Vickers Armstrong, Ltd., Mesars R. and W... Hawthorn Leslie and Company, Ltd. Mesars. J. Readhead and Bone, South Shields, are still without work, having launched their last ship (the Tyne Bank) last September.
1:|:⪜」37|
301 294 291
111 112
111
104 104 10 401 391 394 324 321 321 201 211
201 471 474 471 43 423 421
CANTON NEWS IN BRIEF
(From Our Special Correspondent>
Canton, Aug. 2 Lieut-General Lam Sze Ching. Commandant of the Canton Gen- dermes Corps and concurrently Chairman of the Air Defence Com-
mission, returned here to-day from Europe via Hong Kong In his European tour he was. ACCOM- panied by eleven officers of the First Group. Army.
manoeuvres and visited several of the armament factories. General.
SHIP REPAIRING Repair work in the Clyde dis trict was not quite so brisk as it was in the previous week, Bar- clay, Curie and Co, had 12 vessels, five of which were dry-docked. D.
European military efficiency has and W. Henderson and Co. had made a favourable impression on ine vessals including the Olan the head of the gendarmes unit
and the Dunara Macallister Castle, which were dry-docked for In France he attended several painting and sundry repairs res pectively, Deck repairs were made Lam observed that European coun- on the Goyingtan and voyage retries have to place their war pairs on the 'Sagaing, the Lairde-
a means of national "defence. In pool, the Passst, the Deucalion, machine in first class condition as the Machaon, and the Lairdsglen. contrast, he found that China is Alexander Stephen" and Sons backward from the military point dry-docked the Trojan Star for of view. However, it is not tog hull and machinery repairs. They late ot mend, and there is no res also carried out machinery repairs sou why the country should not be
Sreigen, the Aralar the
on the militarily emitent, he said. Mendi, and hull repairs Caledonia.
on
Harland and Wold continued work on some of the vessels men- tioned last week, and they have in dry-dock, the Waiwera for over The Blythawood. Ship. hauling. building Company had the Pacifio President in dry-dock for paint
ing:
SHIP TO BE LENGTHENED
The Caledon Shipbuilding and Messrs. Cammell Laird and Co.. Engineering Company, Ltd., Dun- Birkenhear, last week launched dee, have undocked the M. A the motor-liner Abosso, a vessel Dodds and completed repairs to which has been entirely construct that vessel They have now the ed of Biemans Martin steel under Dundee in dry-dock and are pro the special survey of the British ceeding with the work in connec Corporation Register of Shipping tion with bottom damage repairs. and Aircraft She is 457ft," in length b.p. by asft. beam by 371. depth moulded to upper deck, and she has accommodation for nearly 650 passengers and crew.
The propelling inachinery for the Aboard was supplied by Messrs John G. Kincaid and Company, Greenock. The machinery consista of two sets of 8-cylinder Diesel engines of Messrs. Burmeister and Wain's latest design.
London, July, 10. The loss last winter, in the course of a few months, of no fawer than five British merchant ships, including the Blairgowrie, which went down with all her crew, led in March do the setting up of a public inquiry by the Board of Trade. The evidence given before that inquiry in the case of the Blairegulations governing the organi- Was formulated. Among gowrie has greatly disquieted those ation who know the normal risks and the promoters are Mr. Hsu Pel rewards of life in the mercantile Hung, well-known painter who re- marine. The testimony of those who served on the fatal voyage could not be bad. That of former members of her crew suggested that she was anseaworthy in more than one respect. The findings of the inquiry, over which Lord Merrivale presided as Wrecks Commissioner, do nothing to reassure public opinion. The President and assessors are unable to give an assurance that the ship was a worthy as regards hull and equipment when she failed. They flad that her steering gear broke in the storm of February 27, that hor hatches ware. stove in, and that she foundered with a speed that "seems to indicate that causes other "than the weather contributed to her "loss," Their report suggests the nature of some of those uses. Her steering gear The director, of the Oberammer- had at one time been mended by a gau Passion Play issues a state- link forged by a blacksmith, which, ment which stresses that the next they say, might well snap in severs weather. She was manned sufficiently. performance of the play will, a fully to satisfy the law, but not in
Three launches during May and Berlin, Aug 1. per traditional schedule take place the the having
деть French ten years after the last presents- for practical pur pour suiviently age of attempted to take advant-two this mouth have brought to A semi-official agency circulates that the world' tion which means in 1945.
is of opinion that everyone acquaint by blackmailing Jewish business tion or on order on the Tyne down famous Oberammergau
In accordance with the time hon-ed with the vessel from, service Play will in future not be presentoured custom performances of in her must have known that she men. The culprit is be'ng interned to 14, which is a considerable fail
had defects which seriously affected at a concentration camp for a ing off compared with March,
pretu.
prem
LIN
14.70
Sincerea
13.35
WATS**
70 ata
WE Powells nee
32
M. Greyhounds
51.30
3. C. Enterprises...
93. UL.G.19250.8d9%
385
H.K. Govt 4% Losza 8'},
Do. *}%
Wallace Harper
B.K. Wing Ob
Erbai Da Vibro Picag.umn.
OBERAMMERGAU PASSION":
·PLAY REPORT
Passion
56 str.
131
353 #68
hina United Press (by mail).
ARREST IN GERMANY
Berlin, August 1.
A man named Watking who be come a member of the Nationalist Socialist Party in 1933 had been arrested by order of the Pro- Gobbels for paganda Minister
ed in traditional form, but will be other plays are given a year Inter-bar condition as a sea-going ship," for number of years.
B
mission for the purpose of training and that there should have been prospective players.:
thorough investigation by those in authority."The Court concludes that "on the whole question of son going ships we feel that the existing
replaced by a play with an anim- itic tendency depleting the seduc-
A French report refers to the tion of a German girl by a Jew. A statement issued by a semi-officiat play" The Harvest" which was one German news agency declared that of the most spectacular plays pro- this absurd report which was pub- duced this year and had already lished by most French newspapers been presented last Winter by one shows to what extent certain see leading Munich theatre:
Contrary to the allegation made Hons of the press are being led fist- ray by Its hate of Germany..it be-by the French News Agency this Ing remarkable that even the play does not however deal with semi-official French News Agency the seduction of a German girl by are not ashamed to circulate such a Jew wink
Tramocean Ksio Min
Fransocean Kuo Min
SPAIN'S POPULATION
“Madrid, August 17
provisions fall short of what is necessary. It is to be hoped that Parliament will keep this Ending in mind when it is reinforced, as it seenis
According to the census taken likely to be by the inquiries into other wrecks. British shipping is passing last December the population of through a band time, but it is intoler the Span
nearing the
The engines develop 7200 b.b.p collectively at 110 r.p.m.
TYNE OUTPUT
the
Two or three more or less im portant jobs broke s run of small contracts for North-East repairing yards last week.
و الولم
CANTON FLOODS Charitable institutions here are giving relief to the poor people living in the slums in Shiu Pak аз flooded Ol Suburb, which Wednesday night by one-hour con- tinuous showers. The people were ready to go to bed when the heavy rain came and submerged that dis trict by three feet. Bed room furnitures were washed into the streets. Some chickens were drowned, while ducks and geese
swam away,
The typhoon which.
which struck Formosa on Wednesday brought plenty of rain. For the past days Canton enjoyed cool weather, and to-day the temperature was 82 de- grees Fahrenheit. August is the hottest mouth in South China, al- though the Chinese almanac said that the hottest day was last Wed- nesday ad
The biggest was received by Messrs Smith's Dock Company,
PA KIANG ARSENAL Several foreign engineers are Ltd., North Shields, for the lengthening of the Clydefeld, be employed to speed up the construc longing to the Hunting Steamship tion of the Pa Kinng Arsenal at Pa Kong forty miles above here. Company, Newcastle: The work entails cutting the ship into two
These foreigners are believed to be: sections and the construction of Germans. New machinery are new cargo tank. The plates to be placed into position These en- removed have been marked in gineers paid a visit to the arsenal readiness, while the bulkheads and yesterday. It is expected that the
new framing are being built at will he
the head of the dock. The con-tory as he ready by October
ploy a good number of men, tract will last six weeks and em- A two months' contract has been received by the Wallsend Blipway The tonnage put into the water and Engineering Company Ltd in May was three vessels equal to Wallsend, for reconditioning the 10,530 tons which was an increase turbine machinery of the Corin- of 6045 tons on May, 1934. For the aldo, belonging to the Donaldson first five months of the year the South American Line. The job total was 11 ships of 14,045 tons, will last until the middle of against eight and 13.853 tons last August The Slipway are also year dealing with the City of Derby, While the output this year is Marents, Nictheroy, Port Towns three times more than last, grave ville (atting out), Sacramento being expressed in Valley, and Luminous and shipping circles.. Structural alterations are being
latter months of the carried out by Palmers Hebb Dew work I received. Company on the Mermaid in add- fri substantial “quan- tion to the Blue St
able that economies should be practione milion mark, figures record-
aber 31 - being 914,- quick sed by owners or condoned by inspeo for Dece tors which entall added danger to the
Transocean. Kuis Mim men of the merchant service.,
Citico.
pire Star and Tacoma
turn light field pieces, three- pounders, machine guns and trench mortars. The present arsenal "at Shex Cheng can manufacture only rifles and quick fring guns...
UNEMPLOYMENT IN BRITAIN
London;
There is a genu
Labour's
that when the Min unemployment agres for July are
sued next week they wil that the total numbe ployed lon
down below the two mi