CONTRACTOR CALLED
COLLAPSED BALCONY
ENQUIRY
EXCHANGE RATES
July 12.
Parls
.85.4/32
Gonova.
.17.1844
Borlin...
.10.02
Helsingfors.
220
.19.90 .585
.02.13/10
.1/8
4.00% .8.25 .80
112% .80.13/10
Osip The enquiry into the collapse Athens. of a balcony at No. 15, Yuk Sau Milan Street, was continued at the Buenos Aires, Central Magistacy yesterday of Shanghai, tornoon, when the evidence of a man alleged to be a representative
New York.
Amsterdam.
Vienas..
of the architects, and the man Prague.. ager of the Wang Tak firm contractors, was heard...
of Madrid..
Bucharest Replying to the foreman of the Hongkong jury, So Koe, a foreman of the Brussles. Hang Sang building contractors, Stockholm, said he did not examine the steel rods and props before they were cemented,
1/4.15/10 .28.86
.19% .110 .1/0.1/16 .1/2.15/16 .84 ..4.93
42
THE HONGKONG TELEGRAPH. FRIDAY, JULY 14, 1933.
DARLING FOOL
(Continued from Page 5.)
July-13. 854 .17.24
The girl had a long, pale, aristo- 10.02
920 cratic face. She was wrapped aus. 10.00 terely in black caracul topped by 685a lel of silver fox. Monnio could
03 hear her slow drawl."
you in 1/8.7/10 "My dear, woʻll 100
4.70 Biarritz next month. Don't look 8.20 at Ronnie-those drinks last night
80 were poisonous " 1124
Somehow, Monnie thought, this 39.29/82
57 girl didn't at the picture of the cool, 1/6.7/32 happy bride. She looked
23.9244
Uisdainful, far from radiant. 10%
"Good morning, Miss O'Daro." 110 1/6.1/10 1/8.1/10
Lisbon.... Bombay::. Yokohama, Montevideo.. Montrent.... Sliver (spot)....18.7/18 (forward). 18.0/16 Silver.
.084 War Loan.....
-British Wireless.
Monnle wheeled, surprised to 34
Ghear her name spoken in this 18% melee. There, watching her with 184 an expression of faint amusement 98.1/10 on his weatherbeaten face, was
her good Samaritan of the night before, Arthur Mackenzie.
"Oh, how do you do! You're seeing some one off?"
Chan Kin, alias Chan Kuon, office coolfo employed, by Mr. A. J. Lane, the architect, sald In ovidence that sometimes Mr. Tong Kwong- hing sent him to the site, where witness would tell the workmen to pour water on the bricks and also on the concrete after it, had been ledge of the work. Ho (witness) laid. He spent about half an hour was particularly careful about the there. He conveyed the instruc-job, because Mr. Kwok had once tions to the contractor's foreman told him his father was in the only. He did not actually speak to the workmen. They never spent a whole day on the site together, and he visited the site at an average of once a week. When he happened to be there he might have
Been the
building trade, and another reason was that Mr. Kwok himself had He had chosen him for the job, never watched the concrete being laid on the balconies. If he had anticipated anything like this hap-
• TAMIL 9 a
CINEMA “SHOTS”
"SEQUENCES”
(Continued from Page 5.)
work and lighting, which gives atlon- as close and loving an tion to the hairs on n badger's back, the plumage of a swan, or the snout of a-wart-hog, as it does to the wide eyes and perfect oval of Loretta Young's face. This is essentially a producer's picture what the synopsis calls a "clasa Pro duction" and the only thing that is left for Mr. Lasky to learn about pleture-making is that there are other classes than the kindergar- | ten for which ho.catern with auch charm, sympathy, and skill. It is coming to the King's Theatre shortly.
.
ALTHOUGH it was not generally known in Hongkong when his death was announced last week, Gerald. Ames was a notable British screen, as well as stage, actor. Ho made his stage debut in 1905, when he appeared at Stratford-on-Avon He shook his head, enjoying with Sir Frank Benson's Co. Sir her amazement. "No, I'm sailing. Frank Benson, of course, has done. Discovered I had some urgent busi-more than anyone else to keep alive ness in Spain and thought I might as well make this boat. It's my favourite.
The girl in the silver fox glanced concrete being laid. Ho did not re-pening, he would have stayed on the their way and Mackenzie bowed to balcony even through the night. As
her ironically. Her glance includ-i the owner's foremen were under theed Monica and she said something impression that he was putting in a low, tone to her companions. more gravel and stones Into the mixing, he left the concrete work In their hands, and paly supplied them with good materials.
member seeing concrete being poured on the balcony. He saw other people standing about, but he did not know whether they were the owner's foremen.
Questioned by Mr. Armstrong, witness said he took messages in the office and also delivered chits.
Mr. Armstrong. Did you
give instructions to anyone on the Hite except the contractor's foreman 7 No.
Why did you leave the con- tractor's employ at the beginning of this year?I wanted to go back to the country to attend to agricul-
tural work.
Witness, answering another ques- tion, said he often saw the owner, Bir. Kwok, on the site.
Detective-Sergeant Fitches pres- sed witness as to where he was on June 22, and he replied he could not say whether he was in Hong kong or Heung Shan.
Mr. Jenkin stated that before he could cross-examine, he would like
to ask Sergeant Fitches if the question had any bearing on the inquest.
•
Mr. Armstrong Cross-Examines.
Mr. Armstrong.-Do you con- sider that the cement pouring was very important branch of the works?-Yes.
Why then did you not supervise the actual pouring in of the cement into this balcony? I felt assured about the concreting because the ovner and the architect had their foremen there.
There was a soft murmur of laugh- ter from the group. Mackenzie took Monica's arm and she could not resent. the gesturo so im- personal it was. He smiled down nt her..
"Let's get out of this crowd, shall we? Where is Miss Corey?"
800
Monnie explained, conscious of heightened colour and of a quick- ened pulse. The man made amall talk easily and well. His manner was perfect. Ah, she must this and that! Were they to be in London for long? His sister, Lady de Cassan, was down in Sus- a pity. She would have liked meeting them.
actually sex and that was
- Do you agreg that the bars were in the right place on the balcony before the cement was poured in7-It all depends on the architect, and his decision is final.
wont round with
You say you
Mr. Tong?Yes.
And he said the bars were in the right place?—Yes.
"You'll be at the Berkeley, Mias Corey said?" His nod was com- prehensive.
At the companionway entrance in the black furs, alone. Negli- they again encountered the girl
gently she said, giving Mackenzie half-moon of a smile, "Nice to see you, Arthur."
"WHITE ZOMIE?—A study of Bela Lugosi, famous for his chara.... terization of Dracula, who takes lead in the thrilling drama "White Zombie" which starts at the King's
Theatre to-morrow.
PLANNED -ECONOMY AND PLANNED PRICE LEVELS
(Continued from Page 6.), Finally, I nn very sure that no technique exists, oven in theory, through which, by means of credit and currency manipulation, we could reach a particular price level and hold it. There are some to whom.money is a very simple matter, and the question of monetary control is a very siniple matter. They believe that by merely manipulating the quantity of money or the quantity of money and credit, you can raise or lower prices as you plesss or you can hold them steady if you wish. It doesn't matter whether your money la sound. gold The question of quality makes no dif money or irredeemable paper money. ference at all. It is surely a question of quantity. And tho question of whether the credits are sound credits, based on moving goods for which markets oxist, or whether they are unsound speculative credits based on fictitious values of real estate securities, or an unusable plant and equipment, makes no difference.
MUST GET BACK TO
TO GOLD.
and
To my mind, on the other hand, the question of the quality of money, and the quality of credit is all Important. I do not believe that sound money is possible which is not definitely linked Lo precious metal of fixed weight and fineness. I have no confidence' what- ever in the possibility of a managed paper currency divorced from gold. It has been a great satisfaction to me tu seo recent statements from Mr. Chamberlain in England to this same effect, and from President Roosevelt, in his joint communique with the Italian representative, Sig. Jung, that ho, too, belleves that gold must be restored as the standard of value.
Paper money, divorced from gold,} without change in quantity, can fluc- tuate enormously in value, whether measured in the foreign exchanges or in the commodity price level at home. I think that the worst possible state that the world could get into would be a welter of inconvertible paper in; the main commercial countries, mone of them anchored to gold, none trusted by the nationals of other countries, fluctuating in their relations day by day, introducing an incalculable specu- lative risk into every transaction, foreign.or domestic... R
We must get back to gold. One of the most important objectives of the London Economic Conference is pro cisely this.
י
is
Shakespeare on the English stage. plan that the bars wore in the right
several years ago, Were you able to check off on the
Ames made his debut in pictures There is likely to be, as a result when he was of the unfortunate developments of recent years, and the unsound theories place 7-I did not compare them
with the old London Film Company. with the plan. Search for Evidence.
Since then he had played several of recent years, a needless controversy What did you mean when you
important roles in films such as
between England and the United Sergeant Fitches explained that said that had you anticipated there
The Prisoner of Zenda, Rupert of States in this London Conference, over he commenced his enquiries after would have been a collapse, you the collapse on June 3. The follow-would have been on
He hesitated. "Misis O'Dare, Hentzan, Alf's Button, Once Abroad the particular rate at which the pound sterling and the dollar are finally the balcony Mrs. Faneway.”
Four the Lugger, and Helen of ing day he got in touch with Mr. all night. Do you suggest that:
stabilized. We have the feeling in Gates. But here is something you this country that a high sterling is Lane, Mr. Tong and the contractor. somebody interfored with them?- The latter furnished him with I have not much experience of
Monica acknowledged the in- probably did NOT know. He was desirable and our British friends have names and addresses of all those cantilever principle, and if the troduction shyly and the tail girl Great Britain in this capacity in desirable for them, each feeling that
a champion fencer who represented the feeling that a tow sterling concerned in the construction of the architect had warned me of the bowed, giving her an appraising
Later, be house.
obtained in importance of the iron rods being glance with something inimical the Olympic Games held in Stock-it has an advantage to gain by jockey- formation that Mr. Tong was within the right position when the con- behind it. At that instant little holm in 1914. Gerald Ames was ing regarding this point. I am con- holding the evidence of a foreman, crete was laid, I would certainly Miss Corey appeared from nowhere Born at Blackheath on September vinced that, from our point of view, 12, 1881, and was educated at Frey- the all important thing is a strong His name was given as Chan Tim. have remained on the balcony and at a high pitch of excitement. Mr. Tong was sent for and at first watched every night.
burg University, Germany. Ile and steady sterling, and that the I had my
particular rate is far less important "Oh, Monica, my dear, there, you married Mary. Dibley the well-than prompt gettlement of the matter. dented this. Later he stated that reputation to vindicate.
Mias Anstice's Are!"
composure, known stage and screen actress. be did have a foreman but his name You have seen the collapsed meeting Mr. Mackenzie; was per- was Chan Kuen. The witness was balcony, and you know these bara "Such a nice surprise, Mr. sent for by letter.
are at the bottom?-Yes.
Mackenzie. night-
I had no idea, last
Producing two photographs of buildings in Sai Yeung Choi Street and Sai Yee Street. Mongkok dis- trict, Mr. Jenkin asked-Both these places were constructed by Wang Tak under the supervision of Mr. Lane's office and you acted as Mr. Lane's foreman on bath, these jobs.
Witness.--No.
Mr. Jenkin.--The witness before fast, Ho Wal, stated you were there throughout and you gave instruc-
tions for eight or nine bars to be turned up to give support to the balcony railings, which would be a departure from the plane. Witness-No, I did not.
lovelled. After that the architect
Have you no theory to explain how they got to the bottom?--It must have been caused to drop for one . reason
fect.
was
a
"Nor did L." His smooth tone another. The sounded regretful. "It or owner's foremen paid more atten- sudden thing. I was just piloting tion to the concrete and not to the Miss O'Dare around."" Iron work. The bars
may have been trodden down or rammed down.
Some of the balcony rods were extended upwards?—Yes.
Monnie thought she saw a flash of amusement in the tall girl's smile as she drifted away.
We want a sterling which can boar its accustomed load in International commodity financing and in facilitat
PRISON FOR PERJURYing the flow of goods.
IN SUPREME COURT.
ACCOUNTANT OF CHINESE
FIRM REBUKED
An action between two Chinese firms came to an unexpected con- clusion at the Supreme Court yea- "See you sometime, Arthur," terday, when the Puisne Judge, Mr. Sometimes they are turned up in lean, bronzed young man who had hing, accountant of the plaintiff
Is that a usual practice? Yes. the girl's voice floated back. The R. E. Lindsell, committed Lo Wah-be considered, unless the rate were such a manner as to support the been at her side rejoined her. balcony railings.
Did you see Mr. Lane on the site 7-Sometimes, yes.
What did he do?-He looked round every part of the work, and never complained of anything.
Owner Exonerated.
"Is that Corinth Candell who perjury. just married Harris Faneway?" breathed Miss Corey who always read all the society the newspapers.
sections of
"Yes. Lovely, isn't she? Her father's my partner."
"Very pretty. Very
pretty."
-The notion that we must-fix-a-price level which we desire and England a price level which she desires, and then try to adjust the gold stabiliza- tion rate to these price levels, seems to me a very dangerous notion, which can only lead to prolonged debate and interfere with the settlement. The fear that, if the rates are fixed too High for any particular country, that country may have to undergo some further downward price adjustment is
fixed very high indeed. Prompt not one which I should suppose need
firm, to prison for four weeks, for settlement at London, including the lowering of tariffs and the stabiliza- tion of exchange, accompanied by a The Chung Wo Knitting Com- good modus vivendi regarding the pany, of 12, Fuk Street, Mongkok, interallied debts to be reached in Contractor Called. Lee Ng-pat, manager of the
sued Li Yik Chan, trading as Yik separate negotiations, should cause Wang Tax contractors, said that he
Chan, of 07, Wing Lok Street, for such a radical upswing in general con- $1,000. It was stated that actually fidence and such a general rise in the was working under the supervision of Mr. Tong Kwong-hing. The man Mr. M. K. Lo.-You say that the
$1,083.80 was owing on goods sold level of world prices as to mean that So Kee was his No. 17oreman, and owner's foremen were very keen
and delivered to defendant, but the only difference for any country in: he had under him Ho Wal, who and Industrious on seeing that the Miss Anstice raised the lorgnette that the old amount had been a higher or lower rate of stabilization
or in she had been training on Belve.
would be in the extent to which its was in charge of the steel work, and owner was not "squeezed," Lo Fuk and Lee Chuen, in charge other words that the nature of the dere society for 20 years. Pri- waived to bring the claim under prices rose, rather than the fact of a
vately she thought that Monica Bummary jurisdiction.
rise itself, of the concreting work, He had materials used were good?--Yes. acon the architect come and see the And the same applies to the with her delicate, wild rose col- Mr. G. S. Ford, of Messrs. THE GOLD STANDARD RULES. boundary when the site: was owner? Yes.
ouring and starry gaze was much Wilkinson and Grist, represented Do you or do you not suggest more delightful to look at but this plaintiffs, and Mr. M.A. da Silva, In this London Conference, ques- deputed Chan Yin to the site as his whether the owner or his foremen Faneway girl had style. Now of D'Almada Remedios, and Silva, tions will doubtless arise regarding the representative. Witness, himself, had at any time interfered with the Monica, with the right clothes and appeared for defendant.
so-called "rules of the game" for the the proper background, would be
gold standard. I hope that our Corey was on the site very nearly twice architect's design 7-No.
How may times did you notice ravishing. Miss
Liability was admitted for goods British friends will not ask us to a day, throughout the whole period. Mr. Lane on the site?--About four Mackenzie a quick glance. She valued at $550, and judgment was repent the errors which we made from Once the bars were laid, he always times throughout the whole period. must find out as soon as possible given for plaintiff for that amount. 1922 to 1928, of edit, which, asked "Mr. Tong to inspect them.
mense expansion credit un- Air. Tong then gave instructions to balcony steels were raised on the
Can you remember whether the if he was married-
"All'ashore," called the uni- Lo Wah-hing gave evidence, and needed by commerce, went into securi- ties, real estate, excessive foreign the concreto men to lay the con-hanging bars of the boam?I did formed man coming toward thom. after being rebuked a number of loans and instalment finance. I hope
not pay attention to that.
"All ashore," echoed the men be-times by his Lordahlp for rotrac that they will put their
emphasis The owner's foremen always Were you warned by the architent low;
tions and contradictions, he asked upon the great fundamental that watched the mixing un of the còn-or Mr. Tong as to the importance There were the usual prolonged to be allowed to stand down, as he neither the gold standard nor any
felt unwell. orete, and gave instructions when of the placing of the steel bars farewells. Handkerchiefs
other monetary standard things were not done right. The No.
well if you have (a) excessive tariffa from tho, dock. All at once, with His Lordship: You are only and trade: barriers and (b) the gig- architect pever found fault with the And, therefore, you did not know a clamour of bells and a throb of unwell because of the lies you are antle creation of international debts. tron rød men for the way in which that in a cantilever balcony the engines, the great ship bogan to telling
If only gold and securities are free) they did their work. Mr. Tong steel bars should be at the top and move.
to move across international borders, aló ̈did not tell him that the rods not at the bottom?-I did not As the trio watched, a messen-
Later witness said that perhaps the securities turn bad after a while, ware not in the correct position realize the importance of that. ger boy came trotting down the his indisposition was causing his and, then there is not enough gold. After inspection... Ho, witness, Mr. Jenkin. Since this collapse ramp, waving a yellow slip.
brains to go wrong.
That is quite true. But if trade. bould not explain how the rods came have you got a contract for the "Some beggar's missed his mes-
barriers are moderated sufficiently es that there can be an adequate flow of When the inspection of the rods was
goods throughout the world, so, that On this particular job in Yuk Sau side Monnie. She latened dream-your tongue," said the Judge.
Countries which are in 'debt can In- made by Mr. Tong, ho (witnoun) Street did you employ experts to ly to the harbour sounds, watch- His Lordship said he could not croase. their exports to the point alrendy turned up. The fron rod pour the concrete to follow the on her way at last to adventure. he would be committed for por- there is plenty of gold. The mobility noticed that comes of them ware iny these steel bars and experts to ing the plors slip past. She was believe a word of Lo's evidence, and necessary to pay their debts, then man told him that Chan Yin, the ordinary and usual practico in the Tho, messenger boy and his tardy jury. Architect's representative,
Roods can supplement, gold, and had building trade in Hongkong 7-Yes. telegram meant nothing to her.
credits canI be safely extended because asked them to turn the rods that They were all experienced men.
How was sha to know that Dan Judgment was given in favour of the goods against which they are ex- Mr. Kwok, the owner, also camebars on this job in accordance with and that it had been forwardedelim.
Was the chocking of the balcony had sent her a wire at the hotel defendant for the remainder of the tonded can move from producer, through the markets, to consumer! down whenever there was something the practice which provalis in the to the bont? Interesting, and, save Instructions building trado?--Yes.
Mr. Silva asked that payment be In that case, a moderate revolving Dan had said, "Forgive foolish delayed in view of the application volume of trade, while, with the ex
fund of credit can keep going a great - or" the plastering, Jayint of con- The Inquiry was adjourned until lotter. Waiting to hear from you. for damages he was going to make consive trade barriers, even a VALI
crete and woodwork. Mr. Kwok this afternoon, when P. W. D. Love."
npoured to have a thorough know......dylit
for wrongful arrest of his client on and growing body of long term credits
creto.."
*
gave
waved
I
1
to be in the prosont position. But now Tung Wah Hospital 7-Yes. ange," commented a fat man be "You have something wrong with
way
A
of
can work
SHARE PRICES ·
TO-DAY'S QUOTATIONS The following is the list of local share quotations Isaued to-day:
Banks.
&
H'kong Banks, $1790 8. H'kong Banks, London #188 Chartered Bank, $15% n. Mercantile Bank, A.
5241⁄2n. Mercantile Bank C., £9% n. East Asia, $101 b.
LONDON STOCK PRICES
MARKET GENERALLY
FIRMER
The following quotations on tỉ London Stock Exchangɑ have bee n. received' by Messrs. Swan, Culbertso and Fritz in conjunction with Route The market: Apart from Gilt-edge securities, the tendency of the marke is generally very firm.
Chinese Bonds,
B.
Am: 0. Finance Corp., Bh. $20.n. China O. Fin. Ord., Sh.35.40 m. China O. Fin. Prof. Sh.35.00 n.
Insurances.
.
Canton Ins., $300 b. Union Ins., $545 80. China Underwriters, $2.40 n. China Fire, $595 n. H.K. Fire Ins., $202 b. International Assce., Sh. $4%-n,
Shipping.
Douglas, 882.60 n. H.K. Steamboats, $18 n. Indo-Chinas, (Prof.), $30 n. Indo-Chinas, (Def.), $321⁄2 n. Shells (Bearer) 55/- n. Union Waterboats, $15 n.
.
Mining.
Benguota, $28 e. Kallans, 82/6 21.
Langkata (Single), Sh. $17% n.
S'hal Explorations, Sh. $4 n. S'hal Loans, Sh. $0.40 n. Raubs, $10 n. Venz: Goldflelds, $5 n. Benquet Exp., 28 cts, n.
Docks, etc.
H.K. Wharves, $120 n. H.K. Docks, $161⁄2 n. S. China Motors A., $10 n. S. China Motors B.; $8 n. Providents (old). $3.90 sa. Providents (new), $1.40 b. Hongkewa, Sh. $340 n. New Engineerings, Sh.$7 Shanghai' Docks, Sh. $151 n.
Lands, Hotels, etc.
44% Bonds 1898
!
July 12. July 18.
(Eng, Iss.).... £100 4% Loan 1008. 482 6% Loan 1912 6% Reorg Loan
£100 £82%
2 67%
$ 57.
£.85
1919 (Lan. Iss.) 85% 5% Benda 1925-47 £ 92 5% Shal-Nanking
Rly.
5% Tlont.-Pukow
Rly.
.6% Tient.-Pukow
Railway (Sup). Loan)
5%
S'hal-Hang
£ 08
$.40
8 20-25 £20-25-
£ 17-22 £ 17–22
6,88-33-4 88-33
4 10
6% Hukuang Rly.
1911 ...
$ 28
|5% Lung Taing U.
Hai Rly, 1918, £ 12.
* 28
4-12
Foreign Bands & Banks
chow Ningpe Bly.
5% Honan Rly, 4 10
German 7% In-
tornat,
1024...
Loan
Japan 6% Sterling
Loan 1907
Japan 6% Sterling
84
844
£ 82 £ 8244
Loan 1924.....& 90% £ 90%
Industrials & Breweries
Associated
Industries.... 20/0
Min.
J. & P. Coats
Elec.
20/6
Brit-Amer. Tob.
109/44 110/-
Chinese Eng. &
82/0 82/6
58/0 50/0
Courtaulds
30/6 30/
Distillers
787- 78/-
Dunlop Rubber
32/9 33/6
n.
Everready
20/8 20/8
General Elec.
44/9 44/8
Guinness
D67- 97/-
Impl. Chem. In-
dustries
20/
29/114
Impl. Tobacco
103/3
107/6
International Tea
Storca
20/-
297-
Internat. Nickel,. $ 20%
$21
Pinchin Johnson
.38/9
84/-
Turner & Newall 387-
82/0
Unilever
28/0
29/3
Miscellaneous
15/0 15/8
13/10 18/7
$ 20
10/0
H. & S. Hotels, $7.35 sn. H.K. Lands, $77 b. S'hai Lands, Sh. $32.n. Metropolitan Lands, Sh. $14. n. Humphreys, $14 n.
H.K. Realties, $8.10 a. Asin Realtics-"A" Sh. $140 n. Asia Realties "B" Sh. $20 n. Chinese Estates $97 n. China Realties, Sh. $15 n. China Debentures Sh.$187 n.
Anglo-Dutch Burma Corpn. Canadian Pacific
Rly. Gula Kalumpong
Rubber Trepen Mines
$ 20%
10/0
13/10 13/9.
Langlaagte
Estates
27/6 27/0
London Tiri
13/6
18/14
Rubber Trusts
21/9
22/8
n.
'Shai. Elec. Constr..
58/0
53/9
Van Ryn Deep
31/9
31/10
Olls
42/6 44/46
78/14 80/734
£ 21%21%
02/0
56/-
Cotton Millà. Ewo Cottons, Sh., $15.20 1. S'hal Cottons, Sh. $109 n. Zoong Sings, Sh. $14% .. Wing On Textiles (S) $95 n.
Public Utilities. Tramways, $22.90/23 sa. Peak Trams. (old). $15 Penk Trama, (now), $7% n. Star Ferries, $92% b. Yaumati Ferries (old), $27 n. China Lights (old), $13.10 8. China Lights, (new), $121⁄2 n. H.K. Electrics, $73% sa, Macao Electrics, $33 n. Sandakan Lights, $10 n. Telephones (old), 51.36/40 su. China Buses, Sh, $11 n. Singapore Tractions, - . Singapore Pref., 13/--n.
Industrials. Malabon Sugars $15 n. Cald: Macg. (old); Sh. $20 n. Cald: Macg. (Pref.), Sh. $16 n. Canton Ices, 36 n.
Cements (Com.), $6.30 b.. Cements (old), $6 n. Cements (new), $1 n. H.K. Ropca,-$9.
Stores, etc. Dairy Farms, $28.35 .. Watsons, $10 s. Dor A Winge, $1'n.
Anglo-Persian Oil Burmah Oil Royal Dutch Shell Trans.
Trad.
Lane Crawfords, $41⁄2 n. Mackintoshs, $21 n. Sinceres, $14 n. Wm. Powells, $2.10, n. Wing On (H.K); $185 m.
Miscellaneous. Amusements, $121⁄2 n. H.K. Entertainments, $111⁄2 n. S.C. Enterprises, $3% n. United Theatres, Sh. $4 n... Macao "Greyhounds." #10 n. Constructions (old), $8.00 n. Constructions (new); $1 n. B. Ind."&$ Bonds, 77% n. H.K. Govt. Loans, 42% n. Prem, Wallace Harpers, $8 n.
SWAN CULBERTSON & FRITZ.
Investment bankers and brokara 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. Chicago Board of Trade. Commodity Exchange, Inc.
(Silver, Rubber, Silk, Copper, Hides and Tin).
Telophone 80244,'
Correspondents for Hayden, Stone & Co.
Cable Address: Swanstock. Asia Life Building, 14, Queen's Road, Hongkong.
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LOCAL VIEWS
and
PORTRAIT PHOTOGRAPHS
MEE CHEUNG
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