Only Franco Passports Recognised
Tokyo, Dec. 3.
It is reported that after Japan's recognition of Nationalist Spain, the Japaneso Government will only re- cognise Spanish panopurin tied by the Franco regime,
Passports issued by the Barcelona Governent will not be deemed valid. Spaniards desiring to enter Japan with Republican passports will be re- quired to obtain certificates from
HOLDS MOORS
FOREIGNERS
SPANISH GOVERNMENT
CONTENTION
·Barcelona, Dec. 2, The reply of the Spanish Govern- ment concerning the withdrawal of volunteers in Spain has been publish- ed. It agrees with the suggestion in principle, but expresses surprise that the Non-Intervention Committee has failed to regard Moors as foreign combatants.
TC-
The Government also asks whether the Japanese Legation or Consulate-acceptance of the Committee's General Identifying them as "non-commendations would imply dealing
with other problems, such objectionable."-Reiter.
NEW
YORK STOCK EXCHANGE
SWAN, CULBERTSON & FRITZ LATEST REPORTS
New York, Dec. 2. S. C. & F. Dow Jones Summary of yesterday's markets:
The market to-day was apathetic and there was no attempt at pressure. Even a Inte rally did not attract any fresh buying. Interest in centred on the uncertainty at Washington and the market has been farther caution- ed on the impending emergency of the Wage & Hour Bill. There have been some favourable industrial re- ports, mainly in the steel industry, but traders are mostly neglecting the market. Motor shares are discour- aged on reports that deliverables are below those of Inst year.
Curb stocks and bonds were irre- gular and dull,
S. C. & F. New York Correspondent | Cables:
Stocks: Prices staged a late shorp rally, as traders, impressed by the carly firmness of the market, became buyers. The rally should go further. The price of zinc has been reduced
lb. from 54 to 5 cents per
Colton: A continued narrow price range is expected, pending definite .legislation by the. Administration.
Out
of & leading brokers, 1 is bullish and 7 are
are neutral. Wheat: The J. E.
J. E. Bennett estimate
of Winter acreage shows a total of 55,174,000 acres. Reports of damage to the Argentine crop are believed to be stimulating export demand here, which continued to-day, The Trade bought for December and sold dis- tants. Prices advance well on any buying.
Corn: The decline in country offer- is belleved to reflect heavy use ings of corn for feeding purposes und this is contributing to the steadiness of the market
Reuter,
to
THE HONGKONG TELEGRAPH.
Protocol Signatories Will Meet
Vienna, Dec. 2. Austria has been brought further the forefront of international politics by the announcement that a of the signatories to the meeting Rome Protocol, namely, Italy, Aus- tria and Hungary, is planned to take place at Budapest in the middle of |January-Reuter,
EXCHANGE RATES
the acknowledgment of belligerent rights, the re-establishment of land and sen control, and whether such Paris... control would follow or precede the Geneva. visit of the Commission of Export Berlin. Athena Milon Copenhagen Stockholm. Oslo. Helsingfors. New York. Shanghal.
SHARE PRICES
The following is the list of local abure quotations issued this morning. Banks
1.K. Banks, $1,500 sa.
Amsterdam. Viennu..
22.40
FRIDAY, DECEMBER 8,
LONDON STOCK
EXCHANGE
YESTERDAY'S CABLED
QUOTATIONS
London, Dec. 2
Lasi To-day's Price Pric
War Low: 84% [Red,
after 1055)******* £101.9/20 #101% Chinesa 4% Gold Loan
ITAL
06
Chinese % Gold Bonda
1125-07 Chinese _434%
Anglo- French Lean, 1980 T7.. Chinese 5% Crisp Loan
1913
Chinese
1913 (Lan. 19.) Chinese Imperial fly 5% Honan y. % 1000 Hukuang Rly 5% 1911
Lung Thing & U. Hai Rly.
IDI5 Shanghai Nanking
B%
Tientsin-Pukow Hiy, %
(Brit. Sipd.)
Tientsin-Pukow Illy,
(Ger, Btpd.)
Tientain-Pukow fly, $16 (Brit, Sipd, Supl, Loan) 19.40 Tientsin-Pukow Niỵ, 8% 10.00 (Ger, Sipd. Supt Loan
Japan 5 Sterling 1907 Japan 6% Sterling 1924. Ger. 20 Int. Loun, 1913. Chartered Bank
220%
4.0834 na Ranking Corp. Lán. Neg.) ........... Chinese Eng. & Min.
2 3 3 SPOR Å DÅ 6 À R-AR
14
D
D03
57
cx-dły, ex-dly,
23
Dec. 1. 147,0/05
Dec. 2. 147.7/04
21.59
2.38
12.39
21.0074
.647
5472/
.9411
0475
22.40
10.40
10.90
228
1/2
.4.08%
1/2 4.00
.4.08.
2015
4077
204
Frague
24111
142k
Chosen Coip'n.
10/-
Pekin Syndicate
5/8
+
Madrid
Nom.
Nom.
Lisbon
.110
110A
B'nai Ziée, Construction, S'hai Waterworks Co, "A"
32/0
20
26
Hongkong
hom
1/3
1/3
Union Insurance Socialy
34
મ
Bombay
1/6
1/04
Montreal
4.93%
4.90
Gula Kalumpang Rubber Allied Iron & Founderies
29/4
23/
Brussels
29.34
20.37
Asoc. & Elec, Industries
Austin Motors, ord. „......
コン
Yokohama,
1/2
1/2
Belgrade.
218
210
New Form.
Cable & Wirele
New
02
Mantevideo.
.3011
3011
2012
Cable & Wiretoan, 135%
New Form, ord.
2
Rio de Janeiro...44 Silver (Spot).... 1911 Silver (forward).10 War Loan,
4%
British-American
Tob.
1055
(beheer).
103/0
104
Cammell Laird, ord,
Mexican Eagle
101%
Courtaulds
Distillers
H.K. Banks (Lon. Reg.), 293 b. Chartered Bank, 12% n. Mercantile Bank, A. and B. £32 n., Mercantile Bank, C., £15 n. East Asia $00 n.
Bank,
Insurances Canton In., $27214 Union In., $518 China Underwriters, $1.50 n, H.K. Fire Ining
$240 6.
II.
20.
ກ.
Dougian, $4014 n. HI.K. Steamboats, SD s. Indo-Chinns (Prot.), $51 n. Indo-Chinas (Def.), $43 n. Shell Bearer, 03/1014 Union Waterbouts, $9.30 n. Docks
eks. etc. H.K. & W. Wharves, $118 n. ILK. & W. Docks, $20 na. Providents (old), $2.15 n. Providents (new), 35 cts. n. New Engineerings, Sh.- Shanghai Docks, Sh.- Kailan Mining Adm., 10/— n. Raubo, $8.30 n.
$5 n.
Venz: wining
Antamok, P. 51 n. Atoks, P. 10
10 n
Bagulo Geld, P. .10
n.
Benguet Consol., F. 9.70 n.
Benguet Explor., P.-
Big Wee
Wedge, P. -
Coco Grove. P. 39 n.
Consolidated Mines, P. 014 n.
Demonstrations, P. 30
Ε
Mindanao, P
Gields, P.
n.
Ipo Gold, P.- I.X.L., P. 57 n. Itogons, P.- Masbate Consols., P. --- Min. Resources, P. — Northern Min., P.- Puracale Gumaus, 13, ..... Salacot Mining. P. -- San Mauricio, P. .52 Suyor Hides: 90,000 calf hides are report-
Consol, P. 10 n. ed to have been sold
United at i cent.
Paracales, P. 50 n. Lands, Hotels, etc. advance over the Inst sales and this had a stendying effect at the decline. H. and S. Hotels, $5.221⁄2 na.
ILK. Lands, $32.
Rubber: A revival of factory inter- est is believed to be necessary to any material advances.
Sugar: To-day's market was firm on buying by n large sugar interest. Wall Street Journal Morning Com- ment.
Some share-holders
arc hoping that the Allied Chemical Corporation will declare a dividend at the end of the year.
It is gossiped that there has been a slight increase in European buying of United States securities in the last couple of days.
American Telephone stocks are considered to be acting better than for some time.
Short Interest in motor shares has Increased.
The Street is now more optimistic with regard to the steel situation.
Many industrialists are of the opinion that the current
recession
will be short-lived.
Dow Jones Averages Dec. 1
Close
30 Industrials
122.11
125.14
20 Ralla
31.56
31.75
20 Utilities
22.17
40 Bonds
92.65 92.63
11 Commodity Index 52.91
53.19
22.50:
11.
H.K. Lands, 45% Deben, $100 n. Sthal Lands, Sh.
Metropolitan Lands, Sh.”-
$8% n.
H.K. Realties, $4.85 n. Chinese Estates, $80 n. -China-Renities,-Sh Chinu Debent,-~
Fublio. Utilities HK: Tramways, $13.40 b. Peak Trams (old), $71⁄2 n. Peak Trams (new), 53% n. Star Ferries, $82 1.
Yaumati Ferries (old), $25% n.
Lights (old), $11.70 a. China Lights China Lights (new), $11.35 n.
Electrics, H.K.
$555. Mocno
eno Eketrie, $20 n. Sandakan Lights, $12 b. Telephone (old), $20% n. Telephone (new), China Buses,
$9.30 n..
Sh. Singapore Tractions, 23/0 n. Singapore Pref., 23/- n..
Industrials Cald: Macg, (old), Sh. → Cald: Marg. (Prof.), Sh.
ABOUNDING
in Loveliness
Kayser Mir-O-Kleer* hose are so lithe and light, they're like nothing at all. Yet they mould shapely legs into a smooth silken sheath of loveliness! There's an aura of glamour about both sheer and service weights. "Be Wiser--Buy Kayser."
And don't fail to see Kayser's new underwor
KAYSER
100% --British Wireless.
MANILA · SHARES
The following business done quota- tions were received after the close of. the morning session by Swan, Cul- bertson & Frliz from their Manilu office:
Antamok
Atok
Baguto Gold
Price in Pesos Business Danc
Dunlop Rubber
General Elec. (Eng.)
Gulness (ÁI Ben Bồ Đ Hawker Siddeley Aircraft Bristol Aeroplane Imperial Chemical Indus. Imperial Tobacco Marks & Spencer "A" öK. Bazants
Rolls Royce
Leyland Motors Tate & Lyle
Smethwick
02-
103/0
10/4 10/4 11/10 12/ 40/3 40/3
104 104/~ 33/1033/- 777934 772434 124/0 1247- 207- 25/0 477- 47/0 30/- 35/0 147/0148/10 61/10 00/10 20/74 27/0
03/15 04/04
TAY WAY
78/1 20/0
Turner & Newall UnitedSteel
74/4 74/
27/3
27/12/2
Drop Forg-
ing....
10/0
10/0
Armstrong Stevena
7/9
.13
Pressed Steel, com.
10/7
18/11
Vickers. ord.
23/0
23/10
0.70
Woolworths
73/0
Cocď Grove
41
Anglo-Dutch
30/3
20/8
Consolidated Mines
0150
Rubber Plantation Invest.
Demonsiration
19
Trist
30/3
20/m
Nurma Carp'n
13/0
13/44
Paracale Gumaus
Unquoted
Commonwealth Mining
J/-
2/101
San Mauricio
Marsman Investraènita
20/74 20/17
101
Randfontein. Estates
$7/0
47/0
2/-
2)-
Benguet Consalidated
Suyoc
United Paracole
The tone of the market:-Very steady.
PUNISHMENT FOR
ARAB SHEIKHS
arc
Jerusalem, Dec. 2. Two mort sheikhs, who brothers, were sentenced to imprison- ment for carrying Arearms.
One received
seven years' sentener, und the other, only charged with abetting his brother, received one year's sentence.-Reuter,
Canton Ices, $1.70 n.
Cement, $12.15 b. HK. Ropes, $3.80 n.
Stores, &e, Dairy Farm, $24.35 n. Watsons, $4.70 Lane Crawfords, Sinceres, $1.75 m. Wing On (H.K.), $40_n. Wm. Powells, 75 cts. b.
-$3.00_n.
Sh. $13
b. and sa.
Ewo Milts Zoong Sings Sh. $77 n.
S'hai
Wing On Textiles, Sh. -
Miscellaneous
H.K. Entertainments, $5.00 n.
Bons (old), $1.00 n.
(new), $1.00 b. Vibro
Pilling.
$5.85 n. Ch. Govt. 5% 1015 GSBds. 70% n. H.K. Govt. 4% Loan 5% prm. n. ILK Govt. 34% Loan 15% prm.
n.
Wallace Harpers, $5 n. Marsmans Ins. Lon.), 8/- 20/71⁄21⁄2 n. Marsmans Inv. (ILK.), s/- 4/0 n.
| Exploration Co
Sub-Nigel
Tanami-leaninn
| Anglo-Iranlan
Burmah
INHE
Tran & Trad.
(bearer) Chinese
St.
Noles
1023 (Vickers) Canton-Kowloon Rly Bukuang tiy. Br
(German 15.)
כך
187/6 190/-
od
ud
B1/3 70/14 110/3 110/4/
03/14 1/10
2014
2014
Reuter,
U.S. COMMODITY
PRICES
LATEST CABLED
QUOTATIONS
New York, Dec. 2.
The following quotations on the New York commodity exchange are issued-by-Reuter.
December
January
March May July
New York Cotton
Opening Closing 7.85/05 7.90/00 7.88/88 7.96/9G 7,01/00 7.07/07 7.06/04 8,02/02 7.00/00 8.08/00 8.03/04 8.12/13
8.08 The Delivery Day for December Cotton is Dec. 1:"
October.
Spol
· New York Rubber
December March May
July September
15.25/24
15.37/38
15.44/42
15.50/30
15.03N 15.32/33 15.47/40 15.57N 15.07N
Sales for the day:-2,630 tons. The First Notice Day for December Rubber is Nov, 29 and the last day is Dec. 20,
December
May
July
Chicago Wheat
04 /04% 02/02 01/01/2 .80/081⁄4% 200%/88%
• Wednesday's Sales:-
December
May
July
39,016,000 bushels. Chicago Corn
53 /023%
55%/55% 504/30 5632/56% 67.757 The First Notice Day December Grains is Nov. 30 and the last day Doc. 28.
Jice.
May
July
Winnipeg Wheat
117 /117 1112/111% 113%/113%
108%/100% The First Notice Day for December Winnipeg Wheat is Dec. 1 and the
last day Dec. 31.
EXCHANGE ·
Belling
T.T. London Demand 1.T, Shanghai ***Singapore
T.T.
Japan. India
U.S.A. T.T. Manlia T.T. Bainvia T.T. Bangkok
T.T. Salgon T.T.
France T.T. Germany TT. Switzerland TT. Australia
Buylog
4 m/s L/C. London
.15. 2% .15. 23
..10% .52% 100
30%
1491⁄2
.909
.9.10
.70%
.1331⁄4
170%
1937.
The tip of your tongue will tell you
they are-COOL
• your
throat will say they are
CRAVENA
IN
PATENT 'TRU-VAC' 50 TINS "TRU-VAC' «irtight'sina protect Craven *A* against all climatic conditions will the seal is brakan by pulling the rubber tab. There's no cutter~or fagged edzenu
CRAVER
RGIN
RETTE
PACKETS OF 10 The "casy-access' inner foil pack, and the moisture-proof 'cellophane miter wrapping maintains perfect FACTORY FRESHNESS. MADE SPecially TO PREVENT SORE THROATS
MADE IN LONDON BY CARRERAS LTD, 150 years' reputation for Quality
TO-DAY KING'S
AT THE
SEE HOW
Thoyto man of the dongoop in frou- ble when a damo. from Canceland two times a couple of fightin', lovin' sond of the soaİ
RICHARD DIX
CA
AT 2.30, 5.10
7.15 & 9.30
WENITH
p.m.
LONG DISTANCE RADIO
TRADE ***.
SAVE MANY LIVES TRAPPED AT THE BOTTOM OF THE OCEAN IN THE MOST THRILLING PICTURE
DOLORES DEL RIO
OF THE YEAR!
CHESTER MORRIS
DEVIL'S
PLAYGROUND
-Chancel bile G. Kenran
Columbia Feature
.1/3.
ZENITH RADIO NOW DISPLAYING AT THE KING'S THEATRE LOBBY
THE 1938 ZENITH RECEIVERS NOW ON SALE
AT ALL LEADING RADIO SHOPS & DEPT. STORES.
4 m/s D/P : do.
41/2.5/32
4 m/s L/C USA.
14 m/s France
0.70
-30 d/s' India (en
8:31
US. Cross rats in London
Page 15Page 16