1934-11-23 — Page 10

10

Lethargy Seen On Wall Street

NEW YORK STOCK EXCHANGE

S. E. Levy And Co. And A.O.F.C. Quotations

(Continued from Page 6)

The

Favourable factors:-(1) major trend appears to be upward. but buyers continue to be cautious. (2) Sentiment in Commission Houses is cheerful, favouring accu- mulation on moderate recessions. The following quotations from New Unfavourable factor:-(1) Pressure York have been received by Messrs against Ralls is an unsettling in S. E. Levy and the American Oriental Finance Corporation.

N.Y./London

N.Y. Cotton

Mar, Dec.

fluence with carloading estimates indicating a decrease of 10,000 cars Last Close 10,10 11.00 from last week. 4.0012 1.99% 4.89%)

M. Silver Dec. 54.40

Night Telegrames

irregular. Wall Street opened 12.41 12.40 12.37

12.28 Railroad issues were again under 12.20 12.30

64.35b pressure,, the Baltimore and Ohlo 55.70

Railway Co. falling more than one; 1.23

point. On the other hand Utilities were supported, the American Tele- phone and Telegraph Co. advancing one point. Apart from Railroad issues, some slight Improvement seems to be indicated.

Mar.

55.30%

N.Y. Silk Dec.

1.83

N.Y. Rubber

Dee.

1250

12.43-12.66

Mar.

12.80

12,84

C. Wheat Dec. 90

May

07%

12.05 09% 98%

C. Corn May 85%

88%

W. Wheat May 82%

893

STOCKS

.35%

Anter Smelting 36%

Brokers' Loans totalled $572,000,-| 1000. The National Lead Co. has 24 declared a quarterly dividend of

29%

Auburn

24%

241%

Con Gas N.Y.

Du Pont

9714

Elec Bo & Share '7%

General Motors 30%

Int Tei & Tel

Loew's Inc

8 3344

29

22 97 96% 7% 8

30% 303k

·8% 8 334 38% 20%

Nat Distillers

24%

24/

244

N.Y. Central.

20

20%

20%

Stan Oil NJ.

41% 42%

35 35

41% 84

London Prices

Montgomery W, 29

U.S. Steel

THE CHINA MAIL, FRIDAY, NOVEMBER 23, 1934

CHINESE CHAMBER

OF COMMERCE

Members Celebrate 21st MUSIC...

Anniversary

MANY PROMINENT GUESTS

PRESENT

of

The twenty-first anniversary the formation of the Chinese Chan- ber of Commerce was celebrated Į yesterday when the members, gave

a tea party to their friends at the Chamber Building, Connaught Roa Central.

Among the honoured guests was Mr. Wu Kin-shim, the Trade De- legate of the Szechuen Provincial Government.

In the absence of the chairman (Mr. Wong Kwong-tin), the Hon. Treasurer, Mr. Lui Yam-shuen, presided.

included

Members present Messrs. Ho Wing, Wong Tape, J.

W. Wong, Jackman To, Chan Kam-

Li Chi-chung, War hatreds were forgotten when more than 60,000 World War veterans RP. Lau Ngok-fan, Leung Kwai-tin, $1.25 per share and the National Dairy Products 30 cents per share. from both the allied nations and the central Powers gathered at the sacred Chung Chi-nam,

and historie shripe at Lourdes, France. The ex-soldiers' pilgrimage was the Kwan Shu-chung, Li Ping-sum According to the Department of largest that has ever visited the shrine. Mass was celebrated before the Bazi-Chan Kim-tong, Chiu Chao-fan, Commerce, factory sales of Automo-lica by Cardinal Lienart, a noted veteran. This scene shows the Blessed Kwok Yau-ting, Chung Wei-lam

Chau Sing-chi, Ng Yew-ting, Ko biles In October totalled. 132,488 Sacrament being carried in front of the invalid soldiers by priests,

Wing-po, Lau, Yuk-wan, and Lau units, against 168,872 units in Sep-

King-ching. tember and 134,683 units in October last year.

Mr. Henry Wallace, Secretary of The following quotations from Lon-Agriculture, will probably announce den were received last night between the Government Cotton prógramme 5.30 p.m. and 10.30 p.m.

Silver Spot 24-7/16 (last close), next week, calling for a 25 per cent. 24-9/16 (laat reed), 3/8 up (change). cut in acreage.

Silver Forward 24-9/16 (last close),

E. A. Pierce Co.'s Report

24-11/10 (last reed), 1/8 up (change). In their market report, the

76.78

York state:

Naval Security Basis ST. GUIRES STATUE

LOSES NOSE

Patron Of Love-Lorn Maidens

ROMANTIC TRADITION .

(Continued From Page 1) any prospect of finding a way round

these diféulties. NOTICE EXPECTED..

Every great naval state should Though the immediate reason for feel that its accurity compares Silver Report:-India and Specula-American Oriental. Finance Cor the meeting was connected with the favourably with the others in the tors bought. China bought and sold-poration, correspondent for Mesars fact that the Washington Treaty unquestioned right of all of us, Market steady.

Gold 139/6-1/2 last clone), 180/2 E. A. Pierce and Company New contained clauses under which it, but that does not necessarily

course that all fleets St. Guires, patron saint of all was possible for any one of the mean of (last read), 2-1/2d down (change).

London/N.Y. Selling Rete 4.99-3/3 "Stocks: The dearth of news signatories to give notice at the end should in fact be equal in size. love-lorn maidens, has once again (last close), 4.99-5/8 (last recd), 1/4 made the market featureless, but a of the present year, as the result of That depends upon the nature of lost his nose. Around the statue up (change).

(Continued on next Column.) which the treaty would cease to responsibilities and other things of the saint at Ploumanach, London/Paris Selling Rate (last close), 75.84 (last recd), 04 up tentative conclusion may be drawn apply two years later, at the end of in each case, and the whole pur Brittany, had grown up the tra from the fact that the recent selling 1936, no signatory of that treaty, he pose of our discussions now is to dition that women desiring to be

B basis (change).

on asked in in marriage would find Liverpoo! Cotton-Mar. 6.56 (lost

understanding can be their dreams fulfilled if they close), 6.62 (last reçi), 06 up (change) of Railroad fsques did no represent was glad to say, had given notice reach, if possible,

to terminate it, but he had reason which Liverpool Wheat-Dec. 4/6-7/8 (last any important liquidation.

"Wheat: There was general sell-to know that it was very necessary reached without endangering, the stuck a pin in the nose of St. cinae) 4/7-1/2 (last recd), 8/8 up (change).

Ing of Wheat and some Corn on the to meet for the purpose of discus-senas of security of anybody. If Guires. London Rubber-Jan.-Mar. (buyers)!

of a Franco-Americansion, because the time was coming that point could approximately be The statue was originally a An- 6-1/8 flast close), 6-1/16 (last recd), rumour

agreement for the shipment of when auch a notice might be given. reached then we shall feel the wooden one, but daily pinpricks 1/16 down (change).

London Rubber Jan.-Mar (sellers) 5,000,000 quintals of French Wheat Since the middle of October they way has been adequately prepar soon demolished the nose.

The ecclesiastical 5-1/4 (last close), B-9/18 (last red), for cattle feed. Cash corn 1/16 down (change).

United States and Japan, had pre-subject, of course, to the views of same way.

the signatories of treaties, authorities then put up a granite London Rubber at noon (buyers) strong and shipping demand was had, with the representatives of the ad for next year's conference, other wooden status went the

Igood.

liminary conversations with a view

statue and made the nose a little "Cotton: December liquidation

larger than life-size. London's Forecast

But even a granite nose could A forecast from London on the prob- was more liberal owing to active to the present way for the naval France and Italy for example... able trend of the New York market, switching operations and a fair de-conference, which was due to take place under the terms of the Wall Street is expected to open mand for actual Cotton with move Washington Treaty in 1935. This reports at different times that not stand 300,000 pinpricks a was not a naval conference, but two powers have been putting year, and the nose has disappear- quiet, though values are likely to show ment light. We feel that prices are Bome irregularity due to the uneen ilkely to improve moderately after merely discussions preliminary to their heads together to arrange. ed again. The forlorn maidens tainty surrounding the domestic situa- the Notice Day.

The Washington Treaty pro- confidentially and vis a vis s of Brittany are pleading for a the new nose for their honoured Guires formulated saint. St. "Rubber: The market was steadyvided that there shall be a meeting third power, this, that or Cotton prices is expected to bej higher in sympathy with Liverpool with good buying for foreign ac between the parties in 1935, whether other or to make some arrange three rules for wives:

consultation with The Trade was a small the Washington Treaty was terment without

They should resemble a snaž and Bombay. There have been-sub-count.

December liquidation has minated by notice or not.

the others, whether it be a stantial and welcome rains in the West. buyer.

in never leaving home; they conversa- 'should resemble an echo, which where a forecast of colder and more!

The talks had been bilateral and government, in the unsettled weather is reported. Thir- continued. The Trade hopes for a

B-1/8 (last read).

states:--

tion.

Latest Quotations

was

it.

SECRET PACTS DENIED "There have been many prees

We

never speaks until it is spoken

teen million bushels of grain elevator restriction agreement at the meet-were in continuation of the conver- tions, or outside them. Such re- space in Houston and Galveston, which ing which is scheduled in the nearsations which took place last sum,ports are pure fabrication.

at all times kept in the to, but should differ from it in never having the last word; they in former years was used for the ax future."-Reuter.

mar with the representatives of the have

most friendly touch

should resemble the town clock in porting of wheat from the South-west

United States, France, and Italy. closest and In the event of a denunciation of with the other parties, and we perfect regularity, but, unlike The following quotations have the Washington Naval Treaty by one have kept representatives of the the clock, not let their voices be to be slightly been received through Messrs... E-of-its parties before the end of the French and Italian Governments heard day and night. better in avinpathy with Liverpool There has been continous rains in Levy and Company and the Ameri-present year the naval conference informed of all developmete," he Oriental Finance Corpore must still take place under the terms concluded.-British Wireless Ser

of the United States to Europe, is aff present not earning taxes, and is s standing warning for cotton.

Wheat is expected

Argentina, while the United States is can

becoming wintry, which is favourable tion:

for ford demand, but it is rainy In tho South-west.

:

Rubber prices is expected to be slightly down.

N. Y./London Cross-

Rate

LATEST QUOTATIONS .. Cotton

The following quotations have been received by Mesara, S. E. Lavr and Co., and the A.O.F.C.

of

of that treaty during the next year, Vice. New York Terterday.

There was a similar provision in the Last To-day's London Naval Treaty for a confer Close Close

ence In 1935 for the purpose 4.09% 4994 negotiating for a fresh treaty.

JAPAN DISSATISFIED 12.35 18.41

12.98

Personal Park.

Mr. J. F. Richmond, of the It was common knowledge that Socony-Vacuum Corporation, re the Japanese Government were not turned to the Colony by the sa #74 content with the treaty ratio of President Hoover yesterday.

5/5/3, as laid down in the Washing-

MURDER BY ARSENIC POISONING

-Gardener Committed

For Trial

Pan Cho-on, a young vegetable gardener, was committed to a trist at the next Cris stand his

Mr. C. F. Ferguson, vice-press-minal Sessions on a charge of

ing the present conversations, to dent of Messrs. Anderson, Meyer murder of his master, Chiun America and Britain several pro and Company, Limited, was among Wing, by arsenic poisoning at 54% posals, the general purpose of the passengers on board the s.o., Tai Hom Village, on August 6.

which was established in the sub-President which arrived here yes-

Nov. 21 Close Change stitution for the present treaty sys-terday. .99.47 99.88 .45 un tem, one under which each power

The case was concluded before Mr. E. I. Wynne-Jones at the Kowloon Magistracy yesterday,

Mr. P. M. Markert, manager of Mr. J. A. Fraser, Assistant At- 34.04 85.26 .81 up would be able to build up to, what 17.85 17.56 11 up has been called a common upper Messrs. Anderson. Meyer and Com-torney General, appearing for the 93.78 83.88 05 up

limit, representing the total amount pany, was among the passengers, Crown, assisted by Inspector ..59.54 59.66.02 up cf ships they were entitled to who returned to the Colony, on A. J. W. Dorling.

gossess.

There was distinction, beard the es. President - Hoover Close said Sir John, between the cam-yesterday.

"854"

100% mon upper limit as to the matter of

100%

right and the actust size "for ships

Mr. J. G. Meadows, accountant built under that limit. It was not of the Texas Company, accom

May

N. Y. Rubber---

May Chic Wheat-

**13.24

May

Chic Corn-

Nov. 22. Nov. 28. Closing Closing

New York Cotton:~~

Silver

December..

12.26

January

12.28

12.27 .12.82

May

March

Official

Montreal Silver-

97%

*85%

.55,80

85% ton Treaty. They had made, dur-

55.55

March

12.37

12.41

54% (Dow Jones Avg.

To-day's

May

12.36

12.41

180 Industrials

July

12.88 12.37

120 Rails:

October (1985)

11.99

12.02

20 Utilities

Spot ...

12.55

12.65

40 Bonds

11 Commo

New York Rubber:---

dity

December

12.50

12.71

17 Leading Stocks

January

12.58

· ·12.81.

March

12.80

13.03

Amer Can

May ..

12.98

18.24

Amer Smelt & Ref

July

18.17

18.45

Amer Tel & Tel

Auburn ..

September

18.87

18.65

3. L. Case

Chicago Wheat:-

Du Pont-T

December

.99

98%

Elec Bond & Share

May

973

97%

General Motors

Int Telia Tel

July

92

91%

McIntyre

Chicago Carn

December

85%

Nat, Distillers

May: July

86% 88

88%

Socony Vacuum

Tipion Padic

88

t. 8. Steel".

Whent:

West E & M

77%

77%

aster for

not

MAY

825%

82%

the powers NOW

884

88

Montreal Siivei

for the world

54.40

180

1.78

55:80b

1.79.

1.78

50.10

1.88

1.88

66.80mg

1.88 1,87

1.28%

Montgomery Ward

2014

62 possible for him to give detalls of panied by his wife and family. 96% the Japaneke proposals nor to make turned to the Colony yesterday on

a declaration as to the matters stl board the Precident Hoover. under discussion and negotiation.

BREAKDOWN DISASTER

175 CHINESE BANKS

REGISTER Approved By Nanking

With their respective capital between $80,000,000 and After a short visit to Shankhat, $80,000,175 Chinese banks in the Reverend CAF, Burns of the China have registered and been "I can say this, he continued Catholic

Mission Society, approved by the Ministry of Fin- that the British Government will returned to the Colony Yesterday ance in Nanking. These figures are complete up till the end of regard breakdown of the system by the ss. President Hoover

September of Naval limitation |sa. great dis

for

Fresident

MEDALS OF MERIT FOR OVERSEAS CHINESE:

& note

of

health!.

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