NEW YORK STOCK EXCHANGE
YESTERDAY'S MARKET
STRONG
LONDON STOCK PRICES
MARKET SOMEWHAT
REACTIONARY
THE HONGKONG TELEGRAPH. SATURDAY, MAY 27, 1933.
AIRCRAFT DISPLAY
CAPTAIN A. V. HARVEY'S
· AEROBATICS
The excellence of the Armstrong Whitworth "XVI" was revealed to The following quotations on the the public in a demonstration flight According to Messrs. Swan, Cul- bertson and Fritz, the New York London Stock Exchange have been carried out by Captain A. V. market was strong yesterday. Bus-received by Messrs. Swan, Culbertson nens dono: 4,010,000 shares. The and Fritz in conjunction with Ranter. Harvey, manager for South China The market: Business smaller. The and Chief Test Pilot of the Far Wall Street Journal reports: The introduction by the Administration of markets, on the whole are somewhat Eastern Aviation Co., Ltd., who nat the bill scoking repeal of the Gold reactionary, Standard Act caused stocks to bound upward to now 1033 highs, precipitat-
twenty
May 25. May 20. Chinese Bonds which 4% Bonds 1808 a flood of buying ordere syed
minutos. (Eng: (as)... # 99% tiekers Traders, considering that this action 4% Loan 1008. 70% would definitely place the United % Loan 1912. £ 46 States off the gold standard, anticipat6 Reorg Loan ed broader uso of the President's in- 1013 (Ldn. Kan.) £80 flationary powers. The reduction of 5% Borda 1925-47 £ 084 rediscount rate to 24 and General 5% Shal-Nanking
of regular Electric's declaration
Riy,TRA dividends were other factors which 5% Tlent.-Pukow helped to strengthen the market.
£ 99% # 70% £ 45%
£ 80% £ 984
€ 30-35 # 30-35
8 12-22 E 12-22
Rly. (Bupl. Loan)
£ 12-22 £ 12-22
Telegram received from our New 5% Tlant-Pukow
York Offlec-dated May 28, 1933
"Cotton market strength partly at
tributable (to), belief possible cur- 5% S'hal-Hang-
tallment this year's crop which re-
main doubtful crop news improving
ehow Ningpo Rly.
good spot enquiry consensus brokerage to Honan ly.
market opinion bullish two side (8) probable.
May 30th boing Memorial Day, as legal holiday in the United States, thoro will bo no quotations on Wed- nesday, May Blat. Our office,
Dow-Joncs averages?
Dyo
Beihlehem Steel
1911
£78-78 £78-78 5-10 £ 6-10
Huluang Bly.
* £ 23-27 £ 23-27 Lung Thing U. Hal Rly. 1013 £ 8-13 £ 8-13
Foreign Bonda & Banks German
7% Internat. Loan 1924
G6/- 05/-
Loan 1007 £72 £73 Japan 6% Sterling
Lear 1024 £ 81% £ 82
Industrials & Breweries Associated Elec.
Anglo-Dutch.... 16/8
Mines
17/- 103/11
how
ever, will be open as usual.
30 Industries
33.73
80.42
Japan 6% Sterling
20 Nails ...
10.23
40.00
29 Utilities
28.52
28.80
40 Bonda
82.82
83.07
May 26 May 20
Allied Chemical &
100
1044
Industries
17/0
Allis Chalmers
14%
15%
American Can..
814
Brit. Amer. Tob..
105/-
88
Chinese Eng. &
American & Foreign
Min.
Power
10%
10%
J. & F. Conts
American Motal
14%
17%
Courtaulds
American Tel.
American Smelting 1%
31%
Distillera
&
Dunlop Rubber
27/0 27/0 64/6 64/9 33/8 33/9 58/C 5770 28/3 29/-
Tel.
1101% 1134
Everready
American
Tobacco
General Elec.
20/1% 20/1% 43/6 43/-
American Water-
works
84
27
вс
Guinness
88/3
87/0
20%
Impl. Chem. In-
Anaconda Copper .. Atlas Corporation. Auburn Automobiles
18%
18%
12张
18%
Impl.
Justries
20/7
20/4
Tobacco
98/3
07/0
International Tea
50%
63
Storca
20/-
20%-
Baltimore & Ohio.
10%
17%
Pinchin Johnson
30/6 30/-
2035
- 27%
Turner & Newall
27/0 27/0
Borden Company
384
84%
Borg Warner
13%
1436
Unilever .......
Miscellaneous
27/3
271-
Canadian
Pacific
Railway
12%
134
Case, J.I.
014
70%
Burma Corpn.
13/1
Canadian Pac.... § 10%
Chase National Bank 254
20%
15/7 12/10 $ 109
Gula Kalumpeny
Chesapeake
Cor-
Rubber
14/3 14/0
poration
20
30
Chrysler..
22
22%
Lace Proprietary
Columbia Gas
74/10% 73/0
Electric
17
Langlangto
17%
Estates
20/
20/3
Consolidated Gas of
Now York
63%
541⁄2
Rubber Trusts
19/6
10/7
Corn Products
72%
74
Shal. Elec. Constr.
56/-
55/-
Douglas
Aircraft
14%
1476
Van Ryn Deep
30/3
30/0
Drug Inc.
484
61%
Olls,
Du Pont de Nemours
03
71%
Anglo-Persian Oil 35/
35/7%
Eastman Kodak ...
73%
75%
Burmah Oil
04/4%
64/41⁄2
· Electric
Bond
Royal Dutch ... £ 18%
£ 18%
Share
23
28%
Shell Trans. &
General Electric
20
21%
Trad.
45/7%
45/-
General Foods
33%
93%
Texas Corporation.
18
18%
General Motors
44
20
Texas Gulf Sulphur 27%
27
General Raliway
Union Carbido
Signal
334
344
Gold Dant
21
21
Carbon ...
37%
38%%
Union Pacific
90
Goodyear Tire
101
Rubber
313%
929%
United Aircraft
International
Trans
2774
20%
Cement
2.1
20
United Сва
Ini-
International Har
provement
19
10%
vestor..
34
30%
U.S. Slee
473%
61%
International Nickel 13
14
Universal Len
Tobacco
International Tol. &
37
38
Tel,
1244
Johns Manville... 81
12% 35
Wertinghouse E. &
M.
38
41%
Konnecott Copper ..
1744
17
Woolworth
18
30
Lehman Corporation 61
6214
Liggett & Myers
8516
275/
Loow's Inc.
18
17%
SPORT ADVTS.
Lorillard P.
102
Montgomery Ward 21%
20 22 Vie
National City Bank
30%
314
New York Central 2001
30%
THE HONG KONG JOCKEY CLUB,
North American Co. 287,
2014
Parific Сам
Electric
261
21
Pennsylvania Rail.
.rouil
264
Phillips Petroleum
1214 12
Publle Service of
N.J.
487%
40%
Reynolds Tobacco
40%
4114
Seara Rocbuck
27%
2814
Shell Union
0%
6%
Simmons Company
11%
11
Socony-Vacuum
Corporation
o'clock
07%
จน
Southern Cal. Edison 21%
Standard Gus
Electric
11%
21%
12
Standard Oll Co. of
N.J.
341% 34
afternoon. pilot, yesterday Thousands gathered outside the Peninsula Hotel and every vantage point was taken to watch Captain be Harvey's aerobatics, which brought to a conclusion with a most impressive dive, travelling at a very high speed.
Shortly after 6.30 p.m., a buzz in the air gave Indication of the air- man'a doparture from Kal Tack, from where he took off.. Presently the A/W/"XVI" came into ful view proceeding in a westerly direc tion. Captain Harvey then turned and after doing a roll, completed three beautiful loops in rapid auc- cession, Returning from the direc tion of North Point, the pilot then Indulged in rolling off loops, and the crowd were enthralled when he flew i upside down for quite a distance.
Righting the plane, Captain Harvey performed a number of up- ward spins and the machine be- haved as gracefully as a bird. Just before ten minutes to elx, he flew aust, and on returning. made the dive at a high speed, after which he circled aver ite Water Polico Station and the Kowloon Hotel and returned to Kal Tack.
The maching is powered with an "Panther" Armstrong Siddeley geared and fully supercharged air- craft engine. This engine develops 600 H. P. and has 14 cylinders. A double engine weight of 973 lbs. gives the weight par I..P. of leas than 1.7 lbs. A similar engine is on display at the Far East Aviation Co's exhibit at the British Empire Fair.
The aircraft is fitted for oxygen- to enable the plot to carry out altitudo flying.
The A. W. XVI je equal in per- formance to any radial engined single seater alteraft produced to- day. This aircraft is manufactur- ed by Messrs. Sir W. G. Armstrong Whitworth Aircraft Ltd., at Whitley, Coventry, and the motor by Messrs. Armstrong Siddeley Motors Ltd., Coventry.
SHARE PRICES
TO-DAY'S QUOTATIONS
Paris.
The following in the list of local Geneva, share quotations issued to-day:
Banka.
-H'kong. Banks, $17271⁄2 an, · ·
II kong Banks, London, £1241⁄2 n. Chartered Bank, £18 n. Morcantilo Bank, A. &B.
524% n.
Mercantile Bank G., 49% ne East Asia, 800 b.
*4.98*
EXCHANGE RATES
May 25.
.17.5234
May 20.
85%
17.471⁄2
Berlin
Helsingfors
14.18/32 jper
14.4244
2204
Oslo.. Athons Milan-
10.70
*.500
590
.04%
Buenos Aires
.41%
41%
Shanghai
1/3
1/2.15/16
Now York.
Amsterdam.
.3.91% 8.80%
3.90%
8.37
31
1134
.30
30%
Bucharest. Hongkong
.570
572
1/4%
1/4
Brussola...
.21.97%
22.24
Stockholm
.19.45
13.45
Copenhagen
22.45
Lisbon...
.110
110
i
Bombay
Yokohama
Montevideo
.1/8.5/04 .1/24 .84
1/0.5/64
1/24
24
Montreal
.4.4875
4.47 12
Belgrade.
,250
250
18
.08% -British Wireless.
18.0/10
OB1⁄4
Am: 0. Finnaco Corp., Sh. 820 n. China 0. Fin. Ord., Sh.$5.40 n. China 0. Fin. Prof. Sh.35.00 n. Insurances,
Canton Ins., $1440 b.
Union Ins., $622 B. X Div. China Underwriters, $2.10 b. China Fire, $595 n. X Div. H.K. Fire Ins., $265 b. International Assce, Sh, $475.
Shipping
Douglas, $321⁄2 n. H.K. Steamboats, $22 s. Indo-Chinas, (Pref.) $80 b. Indo-Chinus, (Def.), $30 n. Shells (Bearer), 45/- n. Unlon Waterboats, $15 n.
Mining.
Bonguets, $34 n.. Knjans, 27/6 n
Langkats (Single), Sh. $11 n. B'hal Explorations, Sh. $2, S'haf Loans, Sh. $44 n. Rauba, $10 n.
Venz: Goldfields, Sh. $4.40 b. Benguet Exp., 31 cts. .
Docks, etc.
H.K. Wharves, $131 n. H.K. Docks, $181⁄2 D.
S. China Motora A., $10 m. S. China Motors B., $8 n. Venz: Goldfields, $4.40 b. Providenta (old), $3.90 b. Providents (new), $1.35 b. Hongkews, Sh. $394 n. New Engineeringe, Sh.38 n. Shanghai Docks, Sh. $150 n.
Lands Hotein, etc.
H, and S. Hotels, $7.05 b. and sa. H.K. Landa, $77 sa. Shai Lands, Sh. $33 n. Metropolitan Lands, Sh. $14. n. Humphreys, $13 n.
H.K. Realties, $7.70 n. Asia Realtles "A", Sh. $140 n. Asia Realties "1", Sh. $20 n. Chinese Estates, $97 n. China Realties, Sh, $14% n. China Debentures Sh.$137 n.
Cotton Mila, Ewo Cottone, Sh. $15 n. S'hat Cottons, Sh, $116 n. Zoong Singa, Sh.814 n. Wong On Textiles (8) $85 n. Public Utitles. Tramways, $21 b. Peak Trams, (old), $161⁄2 b. Peak Trams, (new), $8 n. Star Ferries, $92 n.
Vienna Prague Madrid.
Silver (spot).....18.11/10 Silver (forward),18% War Loan
Youmati Ferries (old), $20 n. China Lights (old), 312.45 b. China Lights (new), $114 b. H.K. Electrics, #7811⁄2 b. Macao Electrics, $23 n. Sandakan Lights, $10% n. Telophones (old), $28.65 sa. China Busce, Sh, $114 n. Singapore Tractions, 17- n. Singapore Pref., 13 n.
Industrials.
Malabon Sugars $15. a. Cald: Macg. (old), Sh. $20 n. Cald: Macg. (Pref.), Sh. $10 n. Canton Icos, 80 n.
Cements (Com.), $7.90 b. Cemonts (old), $6.40 b. Cements (new), $1.40 b. H.K. Ropes, 59 n.
Stores, etc. Dairy Farms, $28 b. Watsons, $9.40 n. Der A Wings, $1 n. Lane Crawfords, $4.60 b. Mackintoshs, $21 n. Sinceres, $16
n.
Wm, Powells, 32.10 n. Wing On (H. K.), $200 n.
Miscellaneous.
Amusements, $121⁄2 ù.
---
H.K. Entertainments, $12% n. 8.C. Enterprises, 88 n. United Theatres, Sh. $4 n. Macao "Greyhounds," $10 n. Constructions (old), $44 b. Constructions (new); 31 b. and
80.
B. Ind. G$ Bonda, 70% n. H.K. Govt Loans, 24% Prem. Wallace Harpers, 80 n.
Whiteaways
LADIES' SUMMER DRESSES
AND
MILLINERY
NEW FROCKS FOR WHITSUN Dainty frocks in Prints; Voiles, linen, etc, Smart styles and designs.
$4.95 to $19.50
Latest Shapes in Millinery STRAWS & LIGHT Weight felTS
$3.95 to $17.50
HANDBAGS, HOSIERY, & GLOVES.
Draft Programmes and Entry Forms for the Eighth Extra Race Meeting to be held on Monday, 5th June, 1933, (weather per- mitting) may be obtained at the Secretary's Omee, the Club Houso, Happy Valley, the Hong Kong Club, The Sports Club, and the Stables, Village Road.
Entries close at 12 NOUN on Monday, 29th May, 1933
By Order,
C. B. BROWN,
Secretary.
SWAN, CULBERTSON & FRITZ.
Investment bankers and brokers in securities and commodities Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets
Members of New York Cotton Exchange.
Members of National Raw Silk Exchange Inc., New York. Members of The Rubber Exchange of New York, Inc. Members of The National Motal Exchange, Inc., New York. Members of Chicago Board of Trade.
Correspondents for Haydon, Stone & Co. Tolephone 27258.
Cable Address: Swanstock. Asia Life Building, 14, Queen's Road, Hongkong.
BRITISH
EMPIRE FAIR
IMPORTANT NOTICE.
(1) To Exhibitors in the Peninsula Hotel:
This Section of the Fair will be closed as from 6 p.m. on Saturday, 27.5.33. All stands and material must be left in situ until 7 a.m., on Sunday, 28th, and then completely removed before 7 p.m, on that day.
(2) To Exhibitors in the Pavilion:
This Section of the Fair will be closed as from 10 p.m. on Saturday, 27.5.33, and all stands and material must be completely removed before 10
p.m. on Sunday 28th.
(3) 2-above also applies to the Aviation display on the
Salisbury Road Lawn.
(4) All army tables or other borrowed material must be
stacked in the yard of the Peninsula Hotel.
(5) It is particularly asked that all those who kindly exhibited posters in connection with the Fair will, so far as is possible, have the same withdrawn from public view by Saturday afternoon, 27.5.33.
Issued by the Empire Fair Committed.
NEW HANDBAGS
White Washable Leather
from $4.50
Coloured Leather
$4.50 to $17.50
NEW GLOVES, BELTS & HOSIERY. INSPECTION CORDIALLY INVITED. WHITEAWAY: LAIDLAW & CO., LTD.
CANDLE TË NA MATAN PAN