1934-06-08 — Page 6

China Mail 德臣西報 中國郵報 All

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

50,000.00

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

$20,000,000 Incorporated by Royal Charter, 1853. |

HEAD OFFICE: LONDON

Sterling

Authored Capfia! Fasped and Folly Peld-appeaker Reverse Fanễu :-*

£ €,000.000 $10,000,000

Beserta Liability of Proprietar$2,000,000

DEAD OFFICE: DONGKOSO.

BOARD OF DIRECTORA,

Bos. Mr. C. G. E. Machia

Chairthen.

B., Distt. Try, Deputy Chitimo.

on, Mr. W. H. Dell,

A. it. Compton, Tag.

B. J. Kwick, Esq.

G. C. Knight, Esq.

AMOY

HANUROR

NATAVIA

BOMBAY

CALCUTTA

CANTON

CREED COLOMBO

DAIREN

POCHOW

JAHONG

MANHUNG

HANKOW BARKIN

HONKEW

11]]

JOBORE

Knat

KOWLOON

G. Mukin. Esq.

K. S. Morrison, Eng.

5. 1. Pewter, Eag.

V. M. Graybarn." Eq.

Chief Menager.

wwwwww.dc.c.com.com

BRANCHES-ne

LONDON LYONS MALACIA MANILA MCA

(Johere]

MUKDEN NEW YORK

PIPING

PENANG

BANGOON

SALOON

SAN FRANCISCO

KUALA LUMPUR SUJANGITA

SINGAPORE SOURABAYANG

SUNG PATANJ TIESTSIN

TINYO

TRISOTAD

YOKOHAMA

Carmat Arreunir geard it. Loral Currenez

and Fire gli received fry one your or

phatter prints in Ideal Company and

THE CHINA MAIL FRIDAY, JUNE:8; -1934.

and

Commerce

Finance.

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

The following is the list of local share quotations issued to-day:

Banks,

LOCAL DOLLAR STEADY.

Silver Prices Decline.

www.y.ca.com

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Averages.

Avar. Aver.

30 Industrials 20 Rail

20 Utilities

t

BIG OPIUM CROP

IN KWEICHOW Province Heads South China Production.

PROFITABLE BUSINESS

NEW... ADVERTISEMENTS

THE MACAO JOCKEY CLUB

THIRD EXTRA RACE MEETING, SUNDAY, 10th June, 1934.

First Saddling Bell at 1.35 p.m. First Race at 1.45 pm.

Members*

En-

вре

En- closure $2, To Public closure 40 cta. Members MUST show their badges to gain admittance.

LADIES

cordially invited

Last To-day's Changes .9477 8472 .05 down

[From Our Own Correspondent) 43.78 43,29 49 down

Kweichow Province, June 5,

the 1934 oplum 23.05 22.91 .14 down Judging from 40 Bonda

.04.08 94.16 .09 up

crop which has just been harvest. Admission:-To Commodity

ed, Kweichow Province still holds) Index ...

57.23 57.06 .17 down The local dollar remaine steady, Messrs. E. A. Pierce & Co. Re-the distinction of being the great- opening on demand at 1/5 this port: Stocks: There has been no est opium-growing province In morning.

change in the situation and the IR- Southern China.

The opium poppies have been Spot silver has declined 1/16, and bour unrest continues to be the forward silver has declined %, both chief topic of discussion. So much cut down and the farmers are bus- to attend the races without charge. Notice for is made of this factor in the ly engaged in drying the poppy See Steamboat Co.'s. n closing at 19% yesterday.

The London on New York cross-newspaper headlines that perhaps pods in order to secure seeds in Special sailings to Macao. Bank of East Asia, $98 K.

rate, which closed on Wednesday at it is temporarily one factor which preparation for the next planting| Am: 0. Finance Corp., Sh. $20 n. 4-U.S.$5.05%, closed yesterday at is working against active partici

Kwaichow has always been known China O. Fin. Ord., Sh. $4 n.-U.S.$6.07%, while the New York ration of outside. interest. Wheat: Factors wind General Banking business

Paid-up Capital

£2,000,000

Reserve Fund

Reserve Liability of

. . . . . .£3,000,000

PIO-

prietors

..£3,000,000

Agencies and Branches:

Alor Star

Hoito

Flagodb

Amritess

Ipofi

Keigun

Bangkar

Archi

Be

Batavia

King

beremlina

Bombay

Kotw

Shuchi

Caleutia

p

Tampur

Astigma Soutulaya

Tour

Manila

Tontain

Delk

Monty

Fanghah

Haiphong

New York

Truker)

H.K. Bank (London), £130 Chartered Bank £161⁄4 n. Mercantile Bank, A. & B. £28 Mercantile Bank C, £15 a.

.

Hambur

Zeinstan

Hankow

Pring

ubilaama

Tenmar

Zamboang

BOLUNG

Cawnpor

Cabu

Calombo

Jarblo

Park Jiont.

Kuals

Kurbing Madras

Current Arrmente opened, asal Fixed Depositi received for nur year or shorter periodu al raier which will be guided un appšestion.

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1934.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office Hong Kong.

Authorised Capitai

Paid-up Capital

Total Resources

$11,000,000 8,655,000 32,170,402

on terme which will be quoted in application.Branches: Canton, Toishan, Shanghai, Hong Kong. t: Apell, 109.

الدار

HONG KONG SAVINGS BANK.

• Bundora of the sheen Bay is condort. HONG KONG AND SHANGHAI

R CORPORATION

atalune application

Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking business of every discription trans- acted.

опе учат он

Current Accounts opened and Fixed: Deposits received for shorter periods at rates which will be quoted on application. 1

Safe Deposit Boxes (various sizes) for hire.

LOOR POONS SHAN,

But may

FOR THE HONG KONG AND FRASONAL BANKING CORPORATION.

V.M GRAYBURN.

Hong Kong. 21 Febrity

Chief Manager. 1914.

THE BANK OF EAST ASIA, LTD.

Kotharised. Copita

Palden Catal

Rower and I'milvided Profita

......$10,neq.non,on $ 5,506.630.06 ........$2,484,000.00

BEAD OFFICT - HONG KOSO

Be You Bead Comzi.

BOARD OF RECIONS......

By home Claw Chairman.

Knot Chun. Kunk. Tag.

Fit TOE. T Chan Chine Club, Te Fang. Bag Ware Clus Ses Tag, and Po, Fag

Amur Timurta

Play

By To P. I Ctrl MəraJIT. 137 og MayaPET.

BRANCHES AND AGIKCIPA

Struike

++

-

Setia Nemaning ht *tetspore Lalinys -untr

Purie

Pre

Rosabela

Pering

Kole

Plut.pom

Evigra

Certi Cantin Himlpfang Bankew

Fotor

London

Sng Featur

Chief Hangmy.

SAFETY FIRST !

To Safeguard Your Valuables and Jewelleries,

Deposit them in a Vault

that is really: FIREPROOF BURGLAR PROOF DAMP PROOF!

OUR SAFE DEPOSIT VAULT

Wone located on the Mezzanine Floor of Our New building is Specially Con- Im-

an instructed to provide all of these

portant Qualities.

Tachoku Tom rain Te Varnaver. Shobama

Endearing of Burking and Exchange

1 Traceted. Toms quoted en approved

Benetker

Current Arvonle

And ised Reports_rinted

* 12

41014

APPLE

Saturda

sbarse Jubels in Lezl mago Curmetwine

tampon which with he muted on "application.

Safe Dit Buser To 2

BAN TOKO TO.

You may

obtain a Safe Deposit

Box in this most up-to-date Vault for your own use at a very moderate Ren- tal.

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & "SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:-65, Broadway, New York

Chord Manager.

Hong Kong, 3:4 Morch, 1534

Capital Surplus Reserves

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

HEAD OFFICE:— Taipeh, Formosa Incorporated by Special Imperial

Charter, 1899.

Pentral Bank in Form

Bank-Notes Hard Average amount. Yen theẠN,UOW

On and after August 15th, 1933, the Current rate of Interest on Special Deposit will be at 26 p.a. on daily; balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate-1%%%).

LONDON BENKERS

Bardday. Bank, Ltd., 19ąds Bank, J.:ỏ Afidiated Bank, Ltd., Wesinoiotes Bank. Lak

The Dabas Correspondente in all the primaqal Commercial Dentres throughost the world

K NAGPA

HONG KONG BRANCH:_*

9. Den Venus Boid Central,

Hoog Kong, December 4, 109).

Alounger.

.U.S.$6,000,000.00 .U.S.$1,807,080.17

U.S.$1,718,979.67'

BRANCHES:-

Vape City

Naples

Pr

Amsterdam

Antwerp

.4tluris

firno

1tsun Berburg

B

Hearkeerg Interlaken

1

Fire H

Bl

1.ndon

1

I'm

1.

Schonphot

T

Boty

Jungk

Ler

Lupatio

Mass

Jounendaz

Plumpton

2016년 9년 1월

T

Capolingan

ugl

mina

Florence Cours

Man Carlo 3.. Mala

Verte Yokohama Zurich

Milan

Branches of American Express Com- pany in Principal cities of United: States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts

handled,

THE YOKOHAMA SPECIE BANK The Company offers to intending

LIMITED.

Established 1880

Capital (fully paid-up) Yen.100,000,000, Reserve Fund-

Yen.122,750,000)

Head Ofre:-YOKORAMA

Branches and Agencles at:

Alexandria

Batavia

Berlin

Bor:bay

Calcutta

Canton

Dairen (Dalny)

Hankow

Nagasaki Naraya

New York Osaka Pariz

Peiping Rangoon

(Mukđen) Rio de Janeiro

Harbin Hong Kong

Honolula Trinking Karachi

Kobe

London

San Francisco Seattle Samarang

Shangha

Singapore

Soerabaya Sydney Tientaln Tokyo Kir Los Angeles

Tsingtan Manila

Yingkow Moji.

Interest allowed

Current Ac sounía.

Deposita received for fixed periods mtes to be obtained on application.

C. "KISHINAMI,

Hong Kong, 17th April, 1932.

on

The Manager.

Travelers the use of its "Travelors Cheques" and Lellera of Credit and, In addition, the world-wide services of it thoroughly equipped Travel De- [partment.

E. W. DUGGAN, Manager.

YOU

ARE INVITED TO INSPECT OUR STOCK OF

ASIATIC, FOREIGN AND COLONIAL

POSTAGE STAMPS IN SETS, SINGLE, PACKETS, BAGS AND IN APPROVAL SHEETS.

GRACA & CO., Dealers in Portage Stamps,

· Philatelle Goods, Picture Postcards, Religious Goods, Garden Beoda;, & etc.

NÓ, 10, WYNDHAM 'STREET, ¡P, O. Box. No. 620, TONG CONG

H.K. Bank, $1,857 n.

China O. Fin. Pref. Sh. $5 n.

Insurances. Canton Ins., $300 n. Union Ins., 576 ea.

China Underwriters, $1 n. China Fire Ins., $510 n. H.K. Fire Ins., $250 n. International Assce. $6 n.

Shipping.

Douglas, $40 b.

I.K. Steamboats, $9 n. Indo-Chinas (Pref.), $30 D. Indo-Chinas (Def), $85 n. Shell (Bearer), 48/11⁄2 n. Union Waterboats, $11.10 .

Mining.

Antamoks, 68 cts. n. Balatoes. $331⁄2 n. Baguio Cold, 36 sa.

Benguets, 32

n.

Benguet Exploration, 20 ets. n, Benguet Goldfield, 20 cts.

Big Wedge, 12 ets. n.

Gold Creek, $31⁄2 u.

Ipo Mining, $4 n.

Itogons, $7 u.

Kallan, 19/-1.

Langkals (Single) Sh. $18.

S'hal Exploration, Sh. $4.80 n. S'hal Loans. $5% n.

Raubs, $16 n.

Venx: Goldfield, $7 n.

Docks, etc.

season.

on London rate, which closed at Beneficial rains in the North-as the greatest opium producing DESERT SEARCH FOR

C-U.S.35.07 on Wednesday, closed at West checked the advance. The province in the south, most of the L-U.S.$5.06% yesterday.

In fact, farmers who prefer to raise crops other than opium-poppies must pay a tax for the privilege of using their land for other purposes than poppy cultivation.

In obtaining the sap or juice from flight was completely covered by the poppies, the farmer makes sand, so that it was not surprising several small slits in the poppy pod that we had flown immediately after the petals have dropped off. over it without seeing it. These slits are made in the even-

Danger From Wild Beasts ing, and the following morning all On several occasions our ratione 14the sap which has dozed out through ran perilously low. The lack of the slits is collected. As only a food did not matter, but the water One day small amount of sap is extracted question was serious. from each poppy pod, hundreds of when we were trekking and were all poppy pods have to be used in ob-exceedingly thirsty, we came acrosy taining small quantities of

6%

raw water in some rocks. After drink-

ing our fill, and replenishing our

was bottles, we discovered the re- the mains of an animal in the bottom

source of supply, opium is very of the pool, as a result of which cheap, and consequently many of the three of us got dysentery. |inhabitants—men and women alike Wolves and jackale abound in

--are addicted to the use of opium.the desert, and it is extraordinary 19% Such a large proportion of the po-how they manage to exist. Their 32% pulation smoke opfum that the Chin-principal food consists of fish and 3042 30%

EXCHANGES.

on

TO-DAY'S QUOTATIONS.

On London-

T.T.

1/6

On demand

1/5 Four months' sight 1/5% Credits 4 months'

aight

On New York-

On demand

1/5%

35%

Credits 60 days'

sight

37

On Paris-

On demand

5422

Credits 4 months'

sight

58214

Business Done:-470,000 shares.

Last To-day's Pricu Price

On India-

Air Reduction

95

08

94

Trade is nervous but friendly, ex- farmers being engaged in the culti- the Ivation of opium poppies, and pecting a bullish Government crop

present crop bears evidence to the report to-morrow. The Winnipeg

fact that opium growing continues easier market is

further

to be the greatest money-making/ceedingly hard. We carried out a drought relief, Cotton: Europe

most intensive geological survey business in Kweichow. brought a fair volume of realising

The cultivation of the poppy felds and not only found considerable conditions] sales, but showery

ore, and the extraction of the sap from quantities of manganese but brought some speculative buying.

the puppy pods is a task that re-mica in profusion, as well as iron Silver: Irregular and dull. Prices quires the greatest patience and and copper pyrites. are steadying somewhat after an

In one locality we came acrOSS painstaking work, but the demand? early decline. Opposition to the

for raw opium is so great and the copper, but the actual spot where Silver Bill, especially with refer-

be ence to the tax feature, was credit-price so high, that the majority of our gold reef was reputed to

the best land is used for the culti-was completly covered by sand {ed for promoting a little THUTC

dunes. vation of opium-poppies.

The dunes

always speculative Interest in forward

shifting, owing to the high winds positions.

which blow from the south-west for five days out of seven during most of the year. Subsequently we discovered that the mountain we had failed to locate on our first

GOLD REEF

(Continued from Page 8)

,"

arc

T.T.

94%

Allied Chemical & Dye .134

133

On demand

941⁄4

American Can

94

American Radiator

On Shanghai—

13%

American Smelting

40

On demand

1094

American Tel & Tel..115

On Japan:--

On demand

119

On Manila-s

American Tobacco "B". 71% American Waterworks Anaconda

114%

72

18%

Copper Min-

On demand

ing

714

Auburn

35

On Singapore

Bendix Aviation

15

On demand

60%

Borden Co

25%

On Batavia-

Canadian Pacific

15

On demand

Case

81

521⁄2

On Saigon

Caterpillar Co

Chase National Bank

25%

204+

On demand

54%

Chrysler Motors

287 30%

Toplum.

Consolidated Gas of N.Y.

82%

32

On demand

130%

Curtiss Wright

IM

MILITIA ESCORT CARAVANS As Kwelchow Province

is

Du Pont de Nemours

85

Bovereigns bank buy-

Eastman Kodak

35

ing rate Bar Silver per oz. ... 19 Bar Silver in Hong

Kong

1/5%

Electric Autolite Co

22

22

Electric Bond & Share. 14%

14%%

nom.

General Foods

General Electric

Electric Power & Light 6%

пот.

General Motors

Gillette Safety

Gold Dust

Internat Harvester

Jese have said that "11 out of 10" sen birds. I saw them dush into 10%

at fah; 19% every of the people of Kweichow the sea and pull out 31% Province use the drug.

night they prowi among the rocky

Internal Tel & Tel ...

12

Liggett Myers "E"

96

caravan is another form

324

35

National City Bank

28

National Dairy Products

17%

Otis Elevator

1514

15

Pacific Gas & Electric

1774

Packard Motors

3%

Pennsylvania Ely

20%

Radio Corpn

7%

7%

Sears Roebuck

40%

40%

Socony-Vacuum Corpn Standard Brande

15%

16%

20

20

10

97% 44

25 24

Carbide Carbide & Carbon 304

H.K. Wharves, $106 1⁄2 h and sa. On Bangkok-

H.K. Docks. $15 n.

S. China Motors A, $2 n.

S. China Motore B., $8 n. Providents (old), $1.86 n. Providents (new), 75 cls, . Hongkewa. (old) Sh. $306 n. Hongkews, (new) Sh. $300 n. New Engineerings, Sh. $6.20 n. Shanghai Ducka, Sh. $133 .

Cotton Mills.

Ewo Coltons. Sh. $114 b. S'hal Cottons (old), Sh. $72 n. S'hal Cottons (new), Sh. $42 n. Zoong Sings. Sh. $131⁄2 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.90 b. H. K. Lands, 3584 b.. 69 s, S'hal Lands, Sh. $25 m. Metropolitan Lande, Sh. $14 n. Humphreys, $11.20 n.

H. K. Realties, $5.20 b. Asin Realtien "A", Sh. $140 n. Asia Realtics "B", Sh. $20 n. Chinese Estates, $80 n. China Realties, Sh. $15% 1. China Debenture, Sh. $137 n.

Public Utilities.

H.K. Tramwaya, 21.20 b 21.30 sa. Peak Trama (old), $15% n. Peak Trams (new), $7% n. Star Ferries, $101 n.

Yaumati Ferries, $22 n. C. Lights (old) $8.70 b. C. Lights (new), $8.20 b. H.K. Electrics, $73 8. Macao Electrics, $25 b. Sandakan. Lights, $8 m. Telephone (old) $25% B., $25 sa. Telephones (new), $12.60 s. China Buses Sh. $18.20 n. S'pore Tractions, 5/- n. Singapore Pref. 18/10% n.

Industrials,

Malabon Sugars, $12 n. Cald: Macg. (ord), Sh. $21 n. Cald: Macg. (Pref.), Sh.$19. Canton Ices, $2.70 n. Cements, $2.80 b. H. K. Ropes, $4.80 a. Stores, etc. Dairy Farms, $234 b. Wa.sons, 26 n. Der. A. Wings, $1 n. Lane Crawfords, $4.80 n. Mackintoshs, $21 n. Sinceres, 894 n. Wm. Powells, 70 cls. a. Wing On (H.K) $102 n.

Miscellaneous.

Copper Cash

Copper Cente

1% prem.

Rate of Native Interest 3% pa. Chinese Sub, Coin ... 31% dia. Hong Kong Sub. Coin De

Loew's Inc.

COTTON, SILVER Montgomery

AND WHEAT

Latest Quotations.

New York, June 8. The American Oriental Fin- ance Corporation have received the

Ward

National Biscuit

following quotations on Standard Gas

the New York cotton and wheat. Standard Oil Co of NJ, 44 rubber, silk and silver, exchanges Texas Corpn

on the Commodity Exchanges Inc.

New York:-

New York Cotton:

Opening Closing July...

.11.96 11.97 12.03 12.03 October

...12.16 12.17 12.26 12.27 December 12.28 12.29 12.87 12.38) January...12.34 12,84 12.43 12.43 March....12.44 12.4 12.54 12.54 May (1936) 12.53 12.58 12.63 12.63 Spot

12.20

New York Silver:

July 45.40 45.53 46.88 45.45 September .45.45 45.46 46.50 46.50 October...unquoted December .45.77 45.79 January..

..unquoted

45.60.45.60 45.80 45,90| 45,90 45.99 46.15 46.80

13,22 13.22

March...unquoted New York Rubber: July.....13.33 Bid September .13.62 18.64 13.52 13.52 October

13.63 12.69 ...unquoted December 13.93 13.93 13.84 13.85 January ...14.02 14.04 13.97 13.97 Chicago Wheat:

The transportation of oplum by ledges and pounce on the unAKS.

26% opium traffic that pays rich

35% dends to those concerned.

of

the pecting sea birds.

divi-

These wolves exactly resembled

Cara-an Alsatian dog, except that they

+ 27%† vans, consisting of several thousand were all at least half as big again

17%

men, and 2,000 pack horses and as the largest dog I have at home. 174 mule, and under military escort, They seemed to hunt either sing- transport the opium from place to ly or in pairs; and they bad no 20% place.. Oplum is considered legal fear of man. Their presence cer- tender in many of the oplum-grow-tainly livened up the nights, and

merchants fre- they never left us in peace. ing districts and

6% 8%4 39% Union

Pacific

.121 1194 United Air & Transport 20% 5% United Corpn......... United States Steel Westinghouse E & M .. 34%

BIDA

... 40

LONDON EXCHANGES.

Montreal Brussels Geneva Amsterdam Milan Berlin Stockholm Copenhagen Oslo

20%

5

30%

34%

quently accept payment for bills in epium.

A species of anake, called the horn viper, abounds in these parts; As the opium travels on its long its bite is deadly, and I was told journey to the coast every city and that if you were bitten and you official collects some sort of a tax had no serum, the end would come for protection fees or "hugh" money within an hour.

I once nearly with the result that the drug haa walked on one of these posts, and, multiplied in value many times when on picking up a rock to kill it, I it finally reaches its destination. was nearly bitten in turn by A acorpion. You have certainly to MEDICAL CASES IN watch your step out in that part of the world in more acnses than NEW TERRITORIES.

opc.

Benevolent Branch's Fine Work.

Ancient Dwellings Found

Once we came across old dwellings of the ancient Bushmen--an in- it teresting discovery, because In a summary issued by the New shows what great changes have Territory Medical

Benevolent taken place in the Namib desert, or Branch of the St. John Ambulance Bushman's Land, as it is sometimes Association, the total number of called. The Bushmen med to exist cases treated were as, follow :

on game, which proves that at an Takoo Leung 1250, Ha Tsun 297, earlier period

game must have Sap Tin 684, Shataukok 1761. abounded in these parts, and that Cheung Chau 1827, Fanling 1586, means that there must have been Taun Wan 1694, Shatin 819, Kam vegetation. To-day there is nothing

of the kind,

· Paris

New York

London, Yesterday.

76 25/32 5.07 1/8.

6.03%

21.69

-15.60

7.47

58 7/16

13.15

18.40

Vienna

December 100 99%

98% 98% 100% 100

Prague Helsingfors Madrid Lisbon Athens

22.39% 19.90% 27 121 5/8 226% ST 1/32 110

Tin 191,

525 B.

Bucharest

605

221

4% 8.0. 30%*

88% 8.0.

1/6 1/32

July

76%

Shanghai

1/3.5/8

October *** New York Sugar: July

784

Hong Kong

1/5

Yokohama

1.65

Silver Spot

1/21/ 19

1.62

Allver Forward .... 19%

1.71

War Loan 3% 120

• Sellers Offic[al®

July 971⁄2 361⁄2 -97% 97% September 98% 98

New York Silk:

July

September

December Winnipeg Wheat:

1.20 1.20%

1.20 1.211⁄21⁄2 1.20 1.21

Belgrado Rio

Buenos Aires Montevideo Bombay

"

U. S. STEEL INDUSTRY WALK-OUT

(Continued from Page 1).

Again we came across the re- mains of a ship more than a mile Inland, which shows that at some period not so long ago the sea; had . Following the departure of the been there. All along the const Industrialist, he issued a statement the ocean is receding, and our saying that they discussed the maps were incorrect in many re- No wonder that we were creation of a Labour Relations specia. Board.

Junable to trace the reef for, which The steel Industrialists stated we were looking! that the unipas' demands did not As to the outcome of our dis relate to grievances, the sole de-fcoveries, I cannot yet be explicit, mand being for a closed ahop.as certain decisions have yet to be CLOSED SHOP OPPOSITION mado. I can only say that, as an "The industry was unalterably adventure. I do not regret it for [opposed to a closed shop. The one moment. We all lived men's. British Wireless Service (demand could not be considered," lives for B few short exciting

they declared.

weeks and roughed it as much as Wheat: Declined on beneficial "It was clear that the industry anyone could. Some of my friends, * was definitely committed to the I know, have looked on the trip Cotton: Early declined on specu-rains and on realising.,

maintenance of employée repre- simply as a wild escapade; but I- METALS. $8%%lators selling, but rallied later en

unfavourable weather and

May 24 June 7 sentation and the principle of an for, one know that you cannot find. general [buying.

Copper, Oct., Ser. Ib. 7.58 7.47 open shop, some added United gold, or any other; treasure, with-

Jout making an effort. Tin, Oct, per lb, 29, 52.60 62.40 Press, per 8.C. Gold Bar Co.

H.K. Amusements, $4 n; Entertainments, $71⁄2 n. S.C. Enterprises, $11⁄2 n. United Theatres, 8h. 32 ... Macao "Greyhounds,” $2 n. Constructions (old) 11⁄2 b. : Constructions (new), 70 cta, b. Chi Govt. 5% 1925 G$ Bonds

-87% n..

Loans,

IK

Govt. prem. b.. Wallace. Harpera, 68′′n.` Gold River, 29. cla; m

September December

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COMMENTS

Silver Steady.

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