12
WORLD TOUR IN
THREE HOPS.
M. BLERIOT EVOLVES NEW AEROPLANE.
га
PARIS TO TOKYO NON-STOP.
To be able to fly round the earth in only three, separate hops is the latest development evisaged by French air experts.
And a machine which is believed to be capable of achieving this re- markable feat is due to M. Louis Bleriot, the famous, pioneer of fly. dog.
Only 21 years ago M. Blariot was struggling to evolve a machine that would carry him across the Chag pel.
It was on July 23, 1909, that he flew from near Calais to Dover, being the first airman to cross the narrow strip of water which divides England From France.
THE HONG KONG DAILY PRESS, WEDNESDAY, MAY 14, 1930,
Money and
NEW YORK STOCK EXCHANGE.
MAJORITY OF ISSUES LOWER.
THE ATTITUDE OF THE FINANCIERS,
(UNITED PRESS.
New York, May 7.-The majority of issues on the New York Stock Exchange closed lower to-day, des pite attempts at a rally, says the daily review of the Dow Jones Financial News Agency.
U.S. Steel led in the decline, dropping below 100 and closing at that figure. which represented a loss of four points as compared with yesterday's close. Bethlehem closed off 1 to 034. Ludlum was off
a quarter to 31.
Markets
at 137 Borg Warner was off to 373. Kreuger & Toll rose 4 to 33. Goneral Motors was off i to 15.
Call money continued, at the 3 per cent. level.
DAILY SHARE QUOTATIONS.
HONG KONG STOCK EXCHANGE.
SHAREBROKERS ASSOCIATION.,
TUESDAY,
Buyers
Ballars Baler Noustas! MAY 19.
Buyers Sellers Bale ominal
THE
QUOTATIONS.
New York, May 8
$111
May 6
29 201 ... 317 308
248+ 2451 242 2634 107100) 521 541
Market Irregular. Business done, 4,206,170 shares.
Adama Express... Allied Choinical & Dye... American Can.... American & Foreign Power American Rolling Mill.... American Smelting. American Tal, & Tal. American Tobacco "B" American W
Waterworks... Anaconda Copper Atlantic Rafizing Baltimore & Ohio Bethlehem Stout Borg Warner Calumet & Becla Canadisa Pacific Railway Chesapeake Corporation Chicago Rock Island Chrysler...
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CABADA (Vancouver, BC., 8th May),||
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Empress of Russia
26th May
76. 74
207-27
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54/.
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T.14
T.9
G
Tu
126 12
261 20
$21)
21 Tronoh Mines
T5.85 Shanghai Loans"
Raubs
TJ
19/3
Docks, Wharve, Godowns, sto.
Fox
. PKR
41414 ...117 1145
35
81 812
8,500 Miles Non-stop. Now, according to information
Cities Service Common Columbia Gas & Electric which has been received in aeronau
Columbia Graphaphone The principal factor in the de-commercial Solvents. tical circles in London, M. Bleriot
cline appeared to be the unwilling Commonwealth & Southern ... 17 17 has designed and constructed a
Dess of lending financiers to sne
Commonwealth & 5. Ware, 'plane, which he claims will be able another sharp advance. As each to fly not less than 8,500 miles within developed, the market proved
unable to absorb the offerings. An other factor was the gloomy outlook of the steel industry on account of declining production......
out a stop.
With that machine the French hope, during the next few weeks, to capture the long-distance record; of the world.
The intention is to essay a flight from Paris to Tokyo, which it is thought can be accomplished in a single "hop."
It is expected that Capt. Costes, the Frenchman who has already made several long-distance flights, will be one of the pilote. His com- panion has not yet been selected.
British Attempt.
Precipitate breaks occurred in Manhattan Electrical Supply and Celotex.
Activity Early in the Day.
The opening of the market was active, with gains of one to four points being registered. The early turnover was heavy. Sales of the entire day came a total of 4,203,470 shares,
to
Improvement among the coppers was registered, following declines The effort is being watched with caused by the recent drop in metal great interest fry both military price. Anaconda was up 1 to 54, and commercial flying circles in Kennecol gained a quarter to close Britain, in view of the attempt at 42; American Smelting was p which was made by the R.A.F. toto close at 664; Calumet & Heela
Consolidated Gna of N. Y. Continental Cit
Corr Products ... Curtiss Wright Common
Davison Chemical Du Pont de
Nemours Bastrian Kodak Electric Bond & Share... Erie Hallway
4
M+
Fox Film "A General Mectric General Food General Motors... General Railway Signal Gold Dust Goodrich Eabber
101 1031
114 11 813.347
... 241 238
Goodyear 1.Tire & Rubber Granby... Great Northern Cortificaten.... Hudson Motors... International Cement... International Combustion Eng. International Harvester
Benquets...
38/9 Kailans
T1310 Langkats (comb.) .
T.7 Do. (single) T1.15 Exploratioas....
Francisco, 15th April,,
(Ban Francisco, $6th April),
HONOLULU, ATA & SHANGHAI
Australi, & Masera
Tango dioru
4.8.A (Seattle, 3rd hing), Ox Pru. ReKinley':
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DATE & TIME
|Wednesday, 14th,
$172
$8.50
本社
$37.
Eoihow
T131
Swntow
T9.00
Fort Bayard"
"Amo
H.K. & K. Wharfs... $172 Providents......
T.136 Shanghai Docks
New Engineerings
Cotton Mill
127 1261
901 981
47 47
8172"
801 58
$6.05
$1721 6.90/
$37 $38
430
****
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431 43
T.960
40
77 77 *287 28
T13.50
421 42 T.50 88701
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10
101
87 Unq. T.13
1041 102
33 31
***
621 02 Faq.
63
International Nickel... International Printers Ink International Products Cem.... International Tel. & Tel.. Johns Manville... Kernecott. Copper
By from Lincolnshire 10 the Cape held at 17; and Nevada Consolidat-renger & Toll with the Fairey (Napier) specialed was up 14 to 181. nonoplane, without a halt.
It was computed that this craft
had a range of at least 7,000 miles,
Dow Jones Average Lower.
Utilities, rails and steels all open-
but in the attempt to fly to Southed strong, although on trading for Africa it collided, in the darkness, the day the Dow Jones average for with mountains in the neighbour utilities was off 1.46; for 20 rails hood of Tunis, and the two pilots, it was of 87; and for 30 industrials Squadron Leader Jones Wilbama and Flight Lieut. Jenkins, were itwas of 3.12. killed.
If the new Bleriot machine ac- complishes its object, il 'will mean that an aeroplane has been evolved which is capable of putting a girdle round the earth" in only three flights.
JUDGE'S NOMINATION
REJECTED.
.SUCCESSFUL CAMPAIGN AGAINST JUDGE PARKER.
Radio Corporation opened at 323 closing finally at 49, a decline of 4 points. International Tel. & Tel. opened at 641, closing off half a point to 69. Kennecutt Copper opened at 42 and Anaconda at 633. Among other. utilities, American Tel, & Tel. losed off 21 to 2453; Electric Bond & Share lost f to close at 081; Consolidated Gas was uf 1 to 1241: Columbia Gas was of 1% to 74: and Standard Gas was off a point to 114,
Rails Mostly Down.
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Standard Oil of New Jersey Standard Oil of New York" Texas Corporation Texas Gulf Sulphur Timken Roller Haaring
America
100 103 41 42
•
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99
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8142
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321 831
831 33
... 100
100 1033
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17 17
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144
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Mi Reg. 4.30
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Q.P.J. Beg. 5.00 2 2. Losters
6.00 x
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+
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12 181
37
893
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424
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A
521 48 T.19
China Buses ri............. Tractions
174
6/9
Sunday, 18th.
www
51 512
841 811
18/6
+
Bangkok via Swałow ...
Kiang
23 22⭑
Swslow, Amoy & Formosa
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900 AM 9.00 x
Endustrials
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654 55
Monday, 19th,
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Macgregor (prof.) Canton Its
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Amerie A "EUEOPE văn của trang} Pres. Jackio của cisco due San Francisco, 11th June ........
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Rog..
4.15
Latto
3.00 PM
16.35/40
Cements (comb)....
$16.35
Beg.
6.00 F M
Do
67 584
811
(old)...
771 76
341
Do.
(now)...
41
861 85
$9.10 $1
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1ར་མ་ནཾ་--
$1,20
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827
Malabon Sugare
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Letters 1030 A 20
United Asbestos.
70468
61 Unq.
U. S. Hipe & Foundry, U.S. Kubber C.8. Steel Vanadium Westinghouse was off a point to Westinghouse S, & M...
81
Miscellaneous
*
... 179 169
... 100 904
$25 $25
$30
170
Haiching...
Sphino.com
$224
62 63
824
$1.70
The rejection came as a surprise
$3.00
$191
Nanyang Tobacco...
$12
AMERICAN
STOCK QUOTATIONS.
$124
Do (new) $10.40 Watsons
$15
12.85 W, Powells $24
B..Ind. G. Bonds... 88%
8%
prem.
H.K. Govt. Loan... $100
Fon Shing Taiyuan ...
Friday, 93rd,
...Tango Mare,
LATEST WALL STREET PRICES.
Straits, Ceylon, India, Mauritius, E. & 8. Africa, Aden, Egypt & EUROPE_via Mar ailles-due Marssilles, 20th June)
[UNITED PRESS.]
The rails closed down for the most part, Pennsylvania beinz off to 771, New York Central off 24 to 172 Erie holding at 47, Canadian Pacific slipping 1 to 1981 Union. Washington. May 7.-President 1 Pacific dropping three points to 223, Hoover's nomination of Judge John and Northern Pacific showing one Johnston Parker of North Carolina of the rare gains by closing up 1 to be associate justice of the U.S., to 82%. Supreme Court was rejected by the
Union Carbide & Carbon Union Pacife Ralway... United Aircraft & Transport United Dry Docks
Senate to-day by a vote of 1 to 39.172. American Can rose to close | Woolworth
blow to the Administration and as a victory for the liberal and "re- form" elements who recently open- ed a drive agàimt Judge Parker on. the grounds of illiberality, toward labour, race, feeling and, within the last day or two, of sinister in- fluence concerning alleged promises to Senators,
It was agreed by the Senate late yesterday that the vote on the Parker appointment
would be allowed to-day, after Senator Clar. ence C. Dill of Washington had admitted that some unnamed man from his state had intimated that Senator Dill could receive a federal judgeship if he would support Judge Parker.
This furnished first the concrete support for Senator Henry F. Ashurst's charges the day before yesterday that those who sought the confirmation of Judge Parker were offering federal judgeships in ex- change for votes. Admitting that his charge was "very serious," Senator Ashurst asked that the Senate investigate it.
Labour had risen strongly against Judge Parker because of his granting of an injunction up- holding the "yellow dog" contracta by which mine owners of the South prevented union organizers from operating among their was also accused of having spoken disparagingly of the negro's ability. to exercise the franchise..
mea.
He
After President Hoover, Assist- ent State Secretary Joseph Cotton and Senator try allen”-a- promzata Republiein of Han had held a conference this after- aoon, it was announced at the White House that Mr. Hoover had no comment to make publicly upon the Senate's action in rejecting His nomination of Judge John J. Parker to be associate justice of the U.8. Supreme Court.
....220 228
The following quotations have been received from their cor- respondents, Messrs. Hayden, Stone & Co., of New York, by "Mesars. Swan, Culbertson & Fritz, Sassoon House, Shanghas, (cable address: "Swanstock," Shanghai), who are not responsible for cable mutilations:-"
Tone of Market.-Easy. No. of Shares 'done-3,000,000. Call Money.-3 per cent.
American Smelting Anaconda Copper Baltimore and Ohio Borg Warner Chrysler Motors. City Service Common Curtis Wright Common Eastman Kodak ..........
$0.80
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Mackintoshs
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NEW YORK, May 12
Last Dividend.
Latest Sales. 71
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Minaing...
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only
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8.20 8.15 . Lonly
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244
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вс
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Lonly
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Loiteri 9.20 & M 1.00 M Kowloon P.O. Beg. 1.00 Letters 1,00 ® No- 4.2.0.
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Wednesday, 214,
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