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12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sales
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tamthe.
ex div.
SATURDAY. AUGUST 1.
Bank
$1,500 H.K. Banks
£vv
Ba. (London)...
2141 Chartered Banks...
Marcantile Bks. "A"
Do
$960 Canton Insuranov.
Association
Boyars
Salları
Bamla.
fi
OD $580
£99.
2142.
·£31
214 $73}
$355 $545
HONG KONG DAILY PRESS, TUESDAY, AUGUST 4, 1936.
£19,652,700 MORE LORDS REFORM
FOR DEFENCE
Sixteen Ships For The Navy
AIR FORCE NEEDS OF £11,700,000
London, July 10.
Four Supplementary Estimates for the Fighting Forces, totalling £19,652,700, needed to carry out the speeding-up of the Govern- ment defence programme, were issued yesterday.
SUBJECT OF
LEGISLATION
London, July 34.
LONDON NOTES
SILENCING THE TUBES
London, July 15. A place of research work that
The Peers and "M.Ps who asked the Prime Minister last night to has been taxing engineering skill "make House of Lords reform the for nearly & score of years-the subject of legislation during the silencing of London's underground present Paruament were disap- railways-appears to be on the pointed at
solution. the completely non-point of
Meanwhile. committal character of Mr. Bald tests are being continued on one win's reply, writes a correspondent section of the tube system, where They had hoped at least for a the tunnel has been lined with as-
bestos sheets and welded rails of qualified promise of cons.deration They came away with the feeling softer steel introduced. A Trans- that they had to draw their in-port Board official tells me that ferences as to future possibilities the engineering experts on the job from the tone of MT. Baldwin's ore conndent of evolving a per- that manent sound-proof system that £1,059,000 voice. The inférence £6,800.000 there will be no Government bill can be applied to every section of £11,700,000 for a long time.
the underground railway. He es timates that it will take five years to silênce the whole system, as work can only be done during the early morning hour when the ser-
The four Estimates are:
931
£14
$73
Bank of East Asia....
N. C. & S. Bakı...
អ
Insuranceg
3547)
Uniou InsurKNODE .......
Underwriters
190 ota
$482
China Fires
$457
$360
H.K. Fires..............
$350
Navy
$3 lat.rational Asson, 8.
Army
Shipping
Air Services
$36
Dongisson
35,
#31
Steamboats
44
330
indos (prof.)
$30
1800)
Do. (dot.) ****
Waterbanta
Mining
$11.80 $11.80
10/
#5
$3
$3
***
F. Ordnance Factories £203,700 With these Supplementary Esti- mates added, the net Estimates for 590 101/3 the three fighting Services for the¦ $14.20 fancial year now stand at:
Navy.onet.
Army
6 cta.
Air Services
13 ct.
112 cts.
11/3
Total
ITI
16 1215 12.30
$11.60
101/3 | Shells.......................................
24 cta Balatoca....
Gold Biver
Gold Crock......
12 ats. Salacous ..............
185
Kailans
Langkats (single) 8. Explorations........... 3. Shanghai Loans 5. Raub KAYAK ** Venczuela Gold Flds. Docks, Wharves, Godowns, etc.
H.K. & K. Whartow."
Providents (ald 14
Do. (new)
8. China Motors 'A
Shangual Docks S.
$4 New Engineerings8.
$185 Hongkaws......
Lands, Hotels, and
Bul.dings
Do.
Do.
(old)
(new)...
$98
***
$1.45
$1.55 ม
PO L
H.K. & W. Docks
315
Matropolitan Lands..
Bealsies........s
China Do........... Do. Debentures S.
Humphreys ******** Chinese Estates................
Cotton Mills
$4.30
SUN
$1.55
10 ott
$154
$105
$5
ED.10
H.K. Hotels
$4.95
+33+
Hi.K Lands.....8
31
CD
$105
Do. 4% Debentures
$100
113
Shanghai Lands...8.
BIG
341
H.K.
$4
$60
$8.95
181
$8
181
$70
$39j
S'ha Cottons(old)S.
Do.
$74
news.
$29
318
Zoong Sings......
$20
Wing On Textiles(5.)|
120
·Public Utilitiem
$11.65
IP!!
$11.80
11.45 11.5 Tramways ...............
Poak Trams (old)...t
Yandisti Ferries!... $10
15
$24
$90
Do. Star Ferries"
(WOW)...]
$89
$20 $11.70
31100
China Lights (old) .
$11.60 $11.00
$8
Du
$5x1
HK. Electrica ...
169
$20
441
$201
Telephones (Old) ...
$98.65
#82
1
Do.
(new)
18.80
311
China Bu...
29/ Irections
32/-
28/
རྩ:;ཧཱུྃ
$1,60
Macao do..
$8:30 Sandakan Ligue ...
"Do.. (pret.).....
Industriala
Malabon Bugars
$19 Caldbeck, (ord.).
815 Macgregor (pref.)8.
32
Canton Ice
39.60
1 Cements
+4204
331
Ropes
Miscellaneous
Amusements.
$201
30 cts.
Dairy Farma.20.90
$3.90 Ch. E'tainment........
差
Constructions, (old)
Do.
_{26W)
Lane Crawfords......
Mackintosha
Nanyang Tobacco...
UUMERU⠀⠀
prom.
Aiaceres *****:00
M
$3.60 Watsons....user.
140 stal Wm. Fowells .....................no.
52
Greyhounds.......
$1,358. C. Katerprises
1 Ch.G. 1926G.Bda
HS. Gorti, 4% Lossa
$13
10.80
$3,60
33
$17
30 ota
$5.90
$3.60
#3
$3.80 30.03.
..
Wis
"THE NEXT MOVE The movement within the Con- servative Party for reform will not dle down.
vices), are suspended, writes a cor- respondent.
BRIGHTER DOWNING "STREET
The influential committee of €81,289,000 peers and M.Ps who have been £55,881,000 urging for
some years that the £50.700.000 existence of a National Govern-
Visitors to London who make a ment provides a Arst-class oppor special call at Downing Street to £187,870.000-tunity for action will wait until gaze at the famous No. 10 are in- Allowing for a "supplementary" Parliament reassembles in the au-variably disappointed. The official of £10.300.000 for the Navy, issued tumn before deciding their course. residence of the Prime Minister s previously, the demand for the I understand that a large numby no means an inspiring bulld
has been fighting services
in- ber of M.P.s will be invited to ing, its very drabness coming al- creased by £29.952.700 since the ballot for the introduction of most as a shock on first view. Budget was introduced. The Bud- private member's Bull next session announced to-day. however, provi get made provision for £25,800,000 By this means they will secure de-ion to the extent of £2,350 has for defence and civil supplement- bates in Parliament and attempt been made for some. reconstruc- ary estimates
to force the issue on the Govern- tion work, which will not only ex- ment.
tead the accommodation for the The question will also be raised clerical staff, but will result in the again at the Conservative Party frontage of No 10 being beauti- conference in October,
fed. I understand that the pla is to remove the existing ugly railings and to lay out a grass verge enclosed by 'a low wall. This will stretch from the Whitehall gramme 5,841,000 27,000 5,614,000 end of No. 10 along the front of No. 11. where the Chancellor of Special
the Exchequer lives, and up to No 12. which is used as offices by the Government Whips. The plane have the approval of the Royal Fine Arts Commission, and when Downine executed should make Street at least a little brighter than it is at present
£11,015,000 COST OF NEW SHIPS
Four Submarines
Sir Samuel Hoare, First Lord of the Admiralty. In a memorandum accompanying the Navy, supple- mentary estimate. refers to the need to proceed with new, com- straction at a more rapid rate. He writes:
"Since the presentation of the Supplementary Navy Estimate, which provided for a Arst instal- ment of the new construction to Implement these plans Loutlined in the Government White Paper on Defence on March 31, further con- sideration has been given to the amount of new construction” which it is possible..to undertake and also to the rate, at which ships laid down can be completed.
As a result of this further con- "sideration, it is proposed to add to the programme for 1936 the follow- ing ships:
Two cruisers (about 5,000 tons), making scren cruisers in all
One leader and eight destroy- ers, making 18 vessels in all.
One aircraft carrier. making two in all
Four submarines (three patrol type and one of a smaller type), making eight submarines in all. "The total cost of these addi- tions to the programme is estimat ed. to be £11,015,000, and the ex- penditure in the current financial year £150.000.
"In addition. It has been found possible to accelerate certain ships of the existing programme and to
Deficien-
cies pro-
measures taken in
connec- tion with the Italo- Abyssinian
dispute 1.275.000 23,000 1,252,000 Present Palestine emergency 45,000 50,000
44
£4,920,000 FOR AEROPLANES
Reserve Of Pilots
5,000
NEW CARNATIONS Among the hundreds of colours seen at to-day's show or carna- 6.951.000 100.000 6.861.000 tions and picotees in the Horticul
tural Hallmauves and purales predominated, there being varia- tions of these, shades on almost every stand. I noticed that al this year's novelties, with one at-- tractive exception-a mid-yello fringed with a narrow band of Bome of the largest increases red-emphasised the demand for provided for in the Air Services these tones, a demand that fo Supplementary Estimate are:
lowed the, apearance last year of :, which the carnation to Aeroplanes and spares...£4.920.000 border Armament and ammuni-
Duchess of Gloucester, gare ne
In Doris Allwood, one of tion....
1,384,000 name.
the perpetual flowering types 577,000 making its debut this afternoon. $13.000 pale salmon and French grey arn.
blended to provide a delightfu 648,000
shade of mauve. Its blooms were 1,250,000 among the largest on show, The proposals include new home AN ENGLISH SINGER IN JAPAN stations at Linton. Yorks, Thistle- ton, Rutland, Honington, Suffolk and Swanton Marley, Norfolk, each to accommodate two squadrons.
Mechanical and
transport Petrol, and, ofi Electrical stores Works,
lands
other
buildings and .....
make earlier provision for certain The Air Council, in an appended material at an estimated addition- | explanation,
states
that the
al cost of £759,000. Provision, la scheme outlined in the White also made under two new subheads Paper contemplated an increase in for £150,000 for extensions of plant the Royal Air Force to bring the and works for the manufacture of { strength of first-line aircraft at home to approximately 1.750, ex- armour, guns, etc., at contractors' works,"
H
Mr. John Goss, the singer, who has recently returned to England after spending two years in the United States and Japan, told me to-day how in Japan he has peer. astonished by the extraordinary musical mixture to be found there between the traditional pentatonic music of the country-still to be heard unchanged in any café- and the German tausic, which the
clusive of the Fleet Air Arm, which Japanese were now studying with The largest individual item also will be substantially increased their characteristic thoroughness. $108 shown in the votes is £340,000 for during the present and subsequent The astonishingly large Interest armour for the ships, while an ex-years. The present number of there taken in European music tra £118,300 is provided for the overseas units-25 squadrons with
was, he ald, chiefly evident in the kuils.
#1%
$2
Do. 3% Wallace Harper... ak Wing Oogude S'bal Do. Vibro Piling
$100
44
305
350.
M.P.S HEAR OF A 20-MINUTE ARREST
NEW POLICE METHODS
London, July 11.
COL. LINDBERGH IN COPENHAGEN
Hong Keug Daily Press" Specie Copenhagen, Aug. 2. Colonel Lindbergh and his wifc arrived here from Germany, on Sunday, intending to stay for several days.-- Trantorean News Service.
اور
REMEDYING THE DEFICIENCIES
Abyssinia & Palestine
The Army Council adds a note of explanation to the Supplementary | Estimate for the Army.
a strength of approximately 270 number of gramophone records, first-line aircraft-will be increased for as performers the Japanese by 12 squadrons by 1939.
vere still deficient. The estimate includes provision
the
The Japanese, he though. - pro- for the pay, maintenance, and bably bought more records of training not only of the additional European classics than did any of personnel required for regular for other country," and recently a mations, but also or additional re- special recording even of serve pilots whom it is hope to en- Beethoven Choral Symphony had. ter during the course of the year. been made for them, since they Provision is made for an addi- were dissatisfied with what exist- It states that the Estimate pro- tional £8,055,000 for payments ed. But they learned their music vides for additional "charges to likely to mature before March 31 from the
German professors in Army votes, not provided for in the next.. as a result of the placing of Tokio, and so nearly all their mu Estimates of the year, for remedy-long-term orders for large numbers te was German, and especially ing deficiencies of the Army refer- of airframes and engines, and for Beethoven, whose philosophical red to in the statement relating to ancillary equipment and stores. heroism best suited their tempera- defence; special measures taken in Progress in the contruction of ment. But, curiously enough. In a debate on the Home Office
from connection vote in the House of Commons yes- received at Scotland Yard
„Itelo, į stations already approved by Par- Stravinsky and other non-German terday, Sir John Simon said he Highbury Vale police atation that Abyssinian dispute, including costs llament is exceeding expectations moderns were also best-sellers had been asked why the sum for two "wanted men" were telephon- of maintaining troops away from A considerable part of the £2,750 It was certainly quaint, Mr. Goss the Special Service Fund of the,ing from a kiosk near the Angel, their normal stations, and the pre-000 asked for under works, buildid, to see a Japanese girl in her
sent Palestine emergency.
ings, and lands is due to that cause, national kimono singing Brahms Metropolitan Police had been in Islington.'ƒ'
Under A wireless message was trans-
'the deficiencies ́ pra- Additional money is required Lieder; what she grasped of this creased from £2,000 to £20,000.
mitted by the new method to a gramme provision £1,000,000 is in- also for storage accommodation for most un-Japanese branch of mu- for developing certain technical touring police car at 2.34 When cluded in respect of machine tools the new aircraft.
sle it was hard to imagine. The branches. including laboratory the car got to the kiosk the men for the manufacture of warlike The estimate includes provision Japanese themselves seemed to find work in connection with the in-¦ had just left. They were followed stores elsewhere than at the Royal for the first steps in the scheme no oddity in the mixture of the vestigation of crime, detective and arrested at 2.55, Meanwhile, Ordnance factories and £75,000 for to extend the field of supply of European and their own music. training facilities, and wireless particulars from the index were works and land other than Royal equipment by the erectiori. of fac
wirelessed at 2,45 and their identi- | Ordnance' factories, telephone developments.
cation was completed.
The reason was the necessity
This £20,000 was asked for be- cause in London they were try- ing out certain developments and scientific discoveries.
Sir John. said that at 2.21 on the previous day a message was
with the
tories which will be used for the
The additional charges and ap-manufacture of aircraft during the] The opers was "Lily of Killar- That was the kind of work whichpropriations are:
period of expansion (in supplement ney." and the tenor was terrible. was going on for which the money.
to the output of the aircraft in- At last one of two men in the front was needed. When it was deve-
dustry). They will be available row stood up and said: "Come on loped it would be extended to a
thereafter as a reserve source of out we've had enough.”. supply in time of warg great range.
Appropria Gross tions
Not total in aid. total
£
£
The other refused.
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