1934-12-28 — Page 12

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DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

8 SYETE

#al Balleta

Newlani

Sharebrokers'

Association

THURSDAY,

DEC. 27.

Banks

HR. BADES

Ballure

21,020)

$1,625

21381

214

Do. (London) ... Uhartered Banka ...

***

$1,695

218

£39

Misroantile Bks. “A”

ËBÞ

Do.

303

Bank of East Anis..

389

N. U. & S. Barke

1:0

Am. O. Fin. Corp:

3:70

$1.90

*****!

$1.80 Ch.Fin. Corp, Urd. S.

Do. Pref. 8. Insurances

Canton InsuraNGOS,

Underwriters ......$1.10

Union Insurancus... $500 Chins Firo jan

H.K. Fires

International Annos, di,

Shipping

Dourlases

$510

$620

$2371

:::

Steamboata

$30

Indos (pref.)

$33

Do. (def.)

44/41 Stella

Waterkants

Mining

Balateos

4 ot

Baguio tul

21.0 a

90 ets.

cti.

$131

$37

***

Amtamöka .................. Filets,

Benguet Consolidated

Do. Exploration (20 ML)

Do. Goldfield...

10 ats. Big Wedge............

123 ats.| Gold Nivor ......... 24 cts:

24 cta. Gali Creek...Į

United Paracalos 133 ots

16 st.Salacot Mining............

Ipo Mining............

40 ats. Itogons

10!

$15

Kailang

Langkats (single) 8. Explorations... Di

10 Shanghai Loans 5. $10.70 Raubs.................. Venezuela Hold Fidz. Docks, WharTAR, Godowns, ate. H.K. & K. Wharves. Providents (uld;

Do. (new)

S. China Motor A'

19-

04 1

$10.40

རྩེ། a།ཟི1!,#saai26211ནྡྷ། Eaན་རྩ་ཚོ་འགྲོ་སོ

HONG KONG DAILY PRESS FRIDAY, DECEMBER 28, 1934,

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION.

AND S. E. LEVY & CO.

New York: Decembor ́27,

QUOTATIONS

New York/London Cross-rate Now Yark Cotton-May

New York Bubber-May Chicago Wheat -ilay Chicago Corn

-MBT

40. Bonds

Am For. Pwr

Am Metal Co.

6353 unchanged

High=1833/34 Low: Dec. 24. Dec. 34.

Am. Radiator

Am. Smelting ....

Am. Sug. Ret (2) 6-4 €31

***

Am. T. and T. (9)....... 1034 Am Tob "B" (5) ... 811

$110 Am, Waterworks (1) 13

Packard Motors

Fennroad Corpn.

No off

43 up.

Last Sale Dec. 24 Dec. 26

152

284

391

20*1. 191*

དྭེ བྷྱཿ ༝ ཙྪིཾ ཙྪཱཙྪོཨྰཿཨྰཿཊྛ#ཏྲྰཾཨྰཿཊྚཙཨྰཿཀྰaཏྲིཾཏྲྰཾ་ཀློཝལནཾ ཨྰཿཨྰཿཝབྷཧྲྰིབྷཨསཾབྷཱནཱཉྩབྷནཾ, ཨབྷིཊྛཱཊྛཏྟཾ, ཡྻུཾབྷཡིནནྟེ

Last Today's High Low Close Close

12.70 1965 19.70 - 19.6 13 18 13.83 closed 13.30

Change off Steady

··

បទ

'DO' 89 881

1 up

Montreal Silver -March

4.10b 54.586 .15 up

Silver-Official

Dow Jones Averages

30 Industrials

110.76

84.38 100.69

100435

Change 34.0

$20 Raile

36.94

32.00 35.57

35.30

.87 off

20. Utilities

37.73

17.00 17.25

16.83

.45 of

96,48

94.73 96.14

95.09

11 Commodity Index

45.45

41.98 80.69

61.12

Last Sale

Stock & Diy,"·".

Dec. 24 Dec. 28°

Adams Express

Air Reduc (3)

111

112

Stock & Div. Howe Sound (3) Пinals Central

$39

Alaska Jun (1.002). 19

181

Ind. Rayon (1.67)

Allied Chem (6)

1321

133

Int. Cement

$30

Allis Chalmers

147

Int. Hary (60)

узь

Am.

Brake Shoe

Int. Nick (60)

(80)

263

Int. Tel. & Tel,

Amer. Can (4)

111

109

Jewel Tea (3)

75 cta

Am. Comm. Alcobol

Johns Manville

537

(.25)

313

,31

Kelvin (50)

|36 at: Am. · Cyanamid "B"

Kennecott (151).

181

(.25dr.)

147.

Am Express (6)

106 * 105.

Krog. Gro. (1.50z) Lahman (2.40)

69 *

Lig.

Myers "B"

Am. For. Fwt. $7 1st

(4)

1021

157

Liq. Carb. (1)

297

Am. Locomotive

161

*181

Loew's (1)

34"

Am Locomotive #

Lorill. (1.20)

198

-1st pref-

McIntyre (2)

404

142

147

Mont, Ward

28+

Am. Pwr. and Lt...

Nash (1)

171

151 151

Nat Bisc. (3)

261

371 373+

Nat City Bk. (1)

Nat, Da P. (1.20)...

16)

102

Nat. Distillers

-281

811

Nat. Lead (5)

$110

31123) 31118|

Nat. Pwr. Lt (80).....

461

$1.40

31.4.

Am. WaterworksTM $8

Nat. Steel (1)

50 ct.

$124

H.K. & W. Dooks

pref (6)

591*

N.Y. Central-

121

Anaconda Copper

101

107

N. Amer. (50¢. 4%)

197

Atch. T. and 8. F.

Do.

Nor. Pacific...

$120

Shanghai Dooks 8.

(2sd.)

521

Otis Elec. (80)

121 83

New EngineeringsS.

Atlantic Ref (1)

241 241

Owens-El, GI. (3)

141

Jau

Hongkewa ... 5.

Atlas Corpn.........

Pac. Gas (1-30)

•

Lands, Hotels, and

Auburn

Automobile

244

'Pac. Ling) (3)

41.

Buildings

3.05

H.K. Hotels.

34.90

HK Lands.........$5

Aviation Corpn. ...... Baldwin Locomotive Baltimore & Ohio

231

Do 4% Debentures

3243

Shanghai Lands

Baltimore & Ohio $4

121 121

Penn. Rly. (1)

$1.2

Metropolitan Lauta..

Fret.

Pere. Mat. $5 pr. Pt. 147 Phelps Dodge..

141

15.30

Bendix Aviation

101

18.

Phil. Petro (1)

1.2

China Donuttare le

Bethlehem Steel .... 30

29*

Pierce ArroW

434

3123

Do. Debentures.

Boeing Airplane

Pro & Gam (1.50)... 201

Humphrey

*****

New Axis Hotel

Borden Co. (1,60) 231

Pub. Ser NJ (2.80) 45.

£45

$10

Borg. Warner (idr.) 287

281

Fellman Inc. (3)

Brook Man (3)

401

Radio Corpn.

$89

Chinese Estates................

Cal Pack (1.25) ..........

Case

53+

Radio Keith Op. Repub Steel

132 133

491

10.

$8.90

Canadian Pacific

111 11

Rey. Tob "B" (3)

254

174

$441

S'ha Cottons(old)S.

$75

(now S.

Caterpillar Tract

371 377

Schenley

$48

Celanese

32 $14

Sears Roebuck

$56

Wing On Textile(S.)

$9.40

Ch. Nat. Bk. (1.40)..... 22)*

22*

Shell Union Oll

Public Utilities

LOF

$53

C'Peake Corp. (2.50) 43

424

Sher, Will (2)

Tramways

C'Peake Corp. and

$12

Fook Trams (old) .......

#114

Do. (now)...

Ohio, (2.80)

431 43

Chrysler (14)

397

8mm, Cal. Ed. (1.50) 17+

Biar Ferries 388

Yaumati Ferries

Col. Gas & Elec.

Southern Pacif

151 147

310 40 China Lights (old).

3321

410.20

Comm. Solv. (-40)...

201

Southern Rlý:

$10:16 Do.

(new)

$71k

H.K. Electrice

310 371

Comm. Sthin,

. 1

Sperry Corpn.

181

#714

Comm

6thrn.

$25

Macao do.

cum. PL (8)

304

Stab. Brands (1), Stan. Gas

201 297

Congo-Nairn

(1.60)

321-

337

Cona Gas. N.Y. (2)

197

Sta. Oll Cal. (1) 417 Sta Oll NJ (1) '10-

561

$10 80

Cons. 01 (28)

Ster. Pro. (2.80)

Cont. Can (3).

622

621

Studebaker Corpo

201 197

Cont. On (25)

11}}

17110

Texas C. (1) ......

321

Corn Prod (3)

621 621

Texas G. Sulp (2) Tile Wr. Ass. $8 P1.

CWA.

(2) Cork $2.70 P. 42}* 421*

51 51

$2.90 |||

243 24

| $9.20

Hope

Dairy Farma.im.......

$3.90

124

Curtiss Wright "A" 1981 Delaware & Hudson 404 40 Douglas Aircraft.... 231 Du Pont (2-60z) ............. 1944 East. Kodak (4):

Transamerica (112}) Un Car and Carb 481

(1.40)

105

Un. Pac. Elys, (5), 14$

461 1041 14+

041

111

1101

Un. Alferaft Corp.... 51 Un Air Line Trans.... -21 United Corpn.

$1.80

Elec. Autolite ca. 26

261

18 ata. Elec. Bond & Share

$4.60

- 18A

$41

Elec. Bond $5 FT (5) 33 Elec. End $8 P1 (6) 371 .38 Elec. Power & Light 21:21 Firestone $6 P1 (8)

35.

Uni, Gas Impr (1.20) Univ. Leaf Tob. U.S. Indus Alcohol.... 194 US. Pipe Fdry. (.60), 16ł

(2) 43+

431

19.

16.

5. Rubber... 41 US-Rub $8 1st Fr.:

291

Fox Film "A"

121

13..

U.S. 8m. Ref." Min.

Job ots

Free Texas (1.20) ...

234

231

(71)

MA 37

181.86

Gen, Am. Tr. (1.00sa)

10364.

UB, Bteef

361 82 811

Gen. Aviation

Gen Elec. (60):

201

Vanddium

33 33

Gen. Foods :(1.80)

331

Gen. Motors (16)...

3108

·$101 $61

Gen Rly Bigs (1).

324 244 25

Vick Chem (2.40z), 44 Warner Bros. Picts. 32 West Union Tel..... 234

321

234

Gillette Sai (1)

Glidden Co. (1)

Gold Dust (1-20) Goodrich

27 27 17 105 10

101

Cali Money

1 possible mutilation

32110

168

10:

$2)

Arix Realtics "A".

Do.

Cotton Mills

$8.10 Zong Sings......&

Do..

(Dew)...

Sandakan Lights....

#141 Telephones (old) 24.85

$12.40 China Buses.....B.

Tractions

Da (prel)

17/9

Industriais

48.70

Maisbon Sugar

$90

Caldbeck, (ord) 8.

12.85

Canton Loo

$2.30

| 1410

$24

$7号

(new)

$194 Macgregora (prof.)8.

Comments

Miscellanoma.

Der A Wings.................... Amusements...... Ch. Etainment........

Constructions, (old)]

Do. .

Lane Crawfords

Mackintoshatrat

Nanyang Tobacco...|

70.ots. Wm Powelts

J. C. EnterpriseM

United Thestra... 8:

937, Ch.G.5719250,#Bdu | 90%,

H:K: Govt 4XLñans

Wallage Harper......

BLK. Wig Ca

Hincares

Watsons

M. Graybounds.

31%

preiz

prem

$71

$110

***

$8.60

Vibro Pileng

LATE NIGHT CABLES

The Tollowing cable was received American laat night by the Oriental Finance Corporation and Messrs. 8. E. Levy & Co.

London Forecast.

S.E. Levy & Co.'s Cables

The following cabled ; reports were furnished by Messrs. 8. E Levy & Co. last night:----

London Silver:-8pot: 24 1/8, up 3/16;"Forward: 24 1/4, up (3/16′′

London Silver Comment:fer- Block: Wall Street should beings small. Speculators bought and qulet with some irregularity in sold Market quietly steady,

Cotton Cotton is expected to be 85 The 1935. crop should

Fallkon bálek.

chan

to be un- Agigbriy higher.

New York Cables Block: The opening was even

Coty Inc. castanyera.

(2.70) Curtiss Wright ....

Goodyear

Simmons Co.

Soc-Vic. (.60)

51 US Steel #7 PI; (2) 184* || 18%.

THE “TALLY”

Centuries of Use

(Special Air Mail Service)

London, Dec. 12.

There seems to be no doubt that the system of Tallles was intro- duced about the time of the Norman Conquest. A tally was originally a square, stick of wood, generally of bazel, and notches were cut in it to represent sums of money, or, in the case of private tallles, a number of sheep pigs, cattle, quantities of grain, timber, and so on.

On two sides particulars of the name of the payer, and the reason of the payment, were written; then Ia cut was made at one end and the | stick was split in two; leaving "a small bit at one end, One of the split pieces was given to the payer,

and the other was kept by the re- ceiver. One piece was called the stock, the other the foil. If a dispute arose at any time the two pieces were put together to see if they would int.

This method of checking the re- ceipt of money was used in the National Exchequer for more than eight centuries. It is certain that the tally was the most ordinary ac- companiment of all kinds of busi- Tiess. When an order was made by the Court for delivery from a Royal forest it was specified that tallies should be made between the fores- ter and those who received the.. timber. The use of private tallies seems to have been quite usual in the thirteenth and fourteenth cen turies; and they are used in the hopfields to-day.

The eight-hundred-years-old system officially came to an end on October 10, 1826, and was brought about by the voluntary retirement of two Chamberlaing whose cuices had been threatened 43 years be- fore by an Act introduced by Edmund Burke in 1783, which put an end to the system on the Stock Exchangt.

An account of the process of making tuilies recently given says: When a sum of money was paid into the Exchequer it was paid to a teller, who made out a bill for the sum he received, with the Christian name of the payer, and his addi- tion and the date of payment. He then threw the bill down a pipe Into the Tally Court. The bill was received by the cutting of tallies, who took a reasonable and pro- "portionate rod of hazel for them, ́and cut them, into fit lengths, and shaped each stick in four sides square that they might be written upon. Immediately on the arrivar

breadth for

•

of the bill from the teller the tally cutter began to prepare a tally for the amount mentioned in the bills by cutting a notch about a hand's M "Ca thousand pounds), a finger's breadth for C (one hundred), and a still smaller for X (ten pounds); for odd shill- ings he put as many slanting notches, for pence a scratch, for a half-penny a small hole.

The notches were of "respective and precise proportions according to a standing gauge. The cutting

of Exchequer tallies did not vary

for 700 years, and the rules govern. ing the inscriptions were equally rigid.

;

The largest sum for which a tally could be made was £50,000. There is one in the Bank of England 8 ft. 6 in. long.

THE "POCKET” BATTLESHIPS

Excessive Speed "Intolerable

Investment Securities and Commodities

We offer you

Daily Quotation Service.

Every Facility for Trading through our

LONDON, NEW YORK, CHICAGO, SAN FRANCISCO, WINNIPEG, MONTREAL, SHANGHAI & MANILA

CORRESPONDENTS.

American Oriental Finance Corporation

Asia Life Bldg.

14. Queen's Rd, C

Hong Kong

Tel·26631.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXOHANGE, INC. : CHICAGO BOARD OF TRADE CANADIAN COMMODITY EXCHANGE, INC.

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

","ICE" HOUSE STREET, HONG KONG (Head Office:-Continental Bank Building, Shanghai). Tel. 30101 and 80103

Tel. Address: Beloo

NEW YORK COMMODITY

STOCK QUOTATIONS

AND

American Oriental Finance Corporation and S. E. Levy & Co.

Sterling, New York-London; Cetton: March" Cotton: July Silver: March Silver: May Bik: May.....

Com: May

Dec, 26

Dec. 27 Close Open 10.30 10.40 10.50 1991 49324934- 12.59 1258 12.57

4041

12.37

12.67.

12.70 1263

12.88

54.25

64.500

54.50

54.85

55.05 55.05 55.05

183)

∙134 1341 134′′

Rubber; March

13.09

|13.13′′. 13.13° 13.13

Rubber: July

13.47

13.53 $13.59 13.52

Wheat: May

901

Wheat: July

93+

80)

Winnipeg Wheat May

ктоска

· 37 374

241

187

944

943 1944

$24 327

*32*

341

284

281

271

0192

American Smelting Auburn Consolidated gas of N.X. Du Pont......

E Bond and Share General Motors Int. Tel and Tel "Loew's, Inc.:

Montgomery W... National Distillers N.X. Central. - Standard Oil Co. of NJ. U.S. Steel

COMMODITIES PRICES

New York, Dec. 27. New York CottonTMTM

December 28

Closing

Closing - Opening - Jan. 12.48 12.41 12.42 12.37 12.38 Mar. 12.63 12.59 12.59 12.57 12.57 May 12.70 12.67 12.63 12.68 12.66 July ́ 1271 · 12.69 127) 1267, 1267 Oct 13.58 12.55 13.58 12.53 12.54 (1935)

Dec. (1936)

12.55 12.55A 12.61 12.61

12,75

(Special Air Mail Service)

Spot 12.80 London, Dec. 7.

New York Rubber Information on high authority Dec. 12.85 12.85a 12.858 12.83 12938 says that "the fourth German Jan. 12.85 12.84 12.88 12.87 12.88 35 pocket battleship, not yet laid Mar, 13.08 13.08 13.08 13.09 13.09 down, will differ from her pre- May 13.26 13.23 18:26 13:27 13.29 decessors in having steam turbines July 13.45 13.418 13.418 13.47 13.47 Instead of Diesel oil engines. Sept. 13.68 13.68 13.68 13.57 13.87

The first three ships, Deutsch- Total sales: 83 lots land, Admiral Scheer, and Admiral

∙131· 131 West Air Brake (1).

West E. & M. (.65)... † 342 Wilcox .Ol and Gas 2% Woolworths (240) 521 514

·1% 1%

....... 231 23+ Here: Pwdr. (34) [HD 7870473)

* Bla

1 ex div

SCOUTS TO LIGHT A

CHAIN OF BEACONS

circulating county

Chicago Whest

981 981 081 14 983 985 99||||- 091 092 *'*'* 993 997 93 932 93 937 04:

Graf Spee, are each propelled by Dec: eight acts of M.A.N. Diesels, deve- May associations | loping": 58,800 ~h.p. the maximum | July with recommendations of the speed being 28 knots. This instal-Monday's sales: 5,901.000 bushels lines on which the event should fation. It is claimed, endows them --- Chicago Corn be organised,

1.88

89 201

with a very great cruising radius== | Dec. 10,000 miles at twenty knots, and | May Each county is being supplied (Special Air Mail Service).

with a map with the sites of sug-20,000 miles at economical speed. July gested beacons marked, so that The machinery of the Deutsch-Total London, Dec. 12 by the beginning of April the Boy and, the only ship which has been Shortly after sunset on May 6, Scouts Association will have a thoroughly tested so far, develops Dec 78 Boy Scouts will light a chall of co-ordinated record of the whole at high speed such excessive vibra May tion as to make life, on board An- July beacons all over the British Isles event.

tolerable. Further the violent

King's reign.

without trend. The activity was to mark the Bilver Jubilee of the If a suggested that the beacons shaking

should be in sight of each other, emcien The Home Office have given and that as each are is lighted, sand approval to the rcheme and rocket, with red, green and yellow power Scout headquarters in London are stars, should be fired.

fair. * Cotton: The more chance "for price fixing created more demand but aggressive. There were South and long selling.

931831 8990

= = = = = - ESE

414

'G. B. S. A CITY

FREEMAN

(Special Air Mail Bervice)

London, Dec. 12. `· Mr. George Bernard Shaw, a Liveryman of the Worshipful Com. pany of Stationers and Newspaper Makers, was admitted to the free- dom of the City of London at a meeting of the: Court of Aldermen recently, Els rame, appeared in the Chamberlain's Est for admis- slon, which the Court accepted. ⠀⠀⠀ To-day the title of freeman (18 ore a matter of honour than of material privileges. Before 1856 only reemen were allowed to engage in retall trade in the City, and there were also many restrictions on wholesale trading. The honorary freedom is entirely distinct, being. conferred for distinguished service 1 to the Crown and the Empire.

New York 80 Mar 1:31 1.20 131

1.33

| May 133 1.30 1,301 1.33 1.33),

July

1,321 132 133 1331 86 863 861861 Total Sales: 199 lots 4,628.000 bushel

Winnipeg Wheat-

Montreal Silver #76)

Dec- 33 401 57,40, $3,89 53.608:53 603 Kar. 54.10s 64.00 540 54251 5425:

83 Market closed May $1.60% 54.50 84.75 54.85 54.85

New

1.78

1.83

5178170 170 1.82 183 184 185 187183 1876 187 188

July 55.268 55.20 58.40 38.35 / 55.55

Total sales: 9 contracts

BIG

New York

SETIDURIYA

the Mar. orking of the armament, May ship were der, full || July action her shooting would Sept 190 189 190 191 192 Copper

1934-12-28 — Page 12

Comments

Private Research Note