1935-01-25 — Page 12

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Bayarı Sullera Sales Nominal!

Sharebrokers

THURSDAY, JANUARY, 24.

Banks

H. Banks

Association

Bank of East A390

Ch. Fin Corp. Ord. 8.

Sailer ale

$

$1,340

£31

HONG KONG DAILY PRESS FRIDAY, JANUARY 25, 1935.

NINETY DEATHS IN

AMERICA

Snowstorms Sweep Through The Continent

The

New York, Jan. 23. snowstorm which is still

213raging in the Eastern States is the worst since 1920 and if it con- $54-tinues it may rival the great

blizzard of 1888.

1,645

£140

218 £39

zo. (London) ... Chartered Banks ...

Mercantile Bks. “A”

£131

Do.

500

-N, C. & S. Banks.

$10 $1.80

Am. 0. Fin. Corp: 8.

+1

Do. Prof. 3.

Insuranoss

Canton InsuraNGOS ...

3975

$1.30

Underwriters

$250

$1.35

$490

Union Traurin ĐỚI G

1490

China Fires

$450

3228

H.K. Firessenekemoe

$183

$230

International Assoo, S.

$5

Shipping

840

Douglases TRIMEST

*39

#72

Steamboats

$30

Index (pref.)

$33

Do. (def.)

$115

87 ata 871otar

53/14 Shelleyere

$131

Waterhous

Amtamoks

$1.40

$41

141 ots.

$14

Mining

Balatcos....

[18 Cla)

10 otr.

Baguio Gold 39 14

Benguet Consolidated

Do

Exploration

Do. Goldfield ...

10 ats. Big Wedge........... 23hots. Gold Biver............. 38cts Gold Creek............

United Paracales...

!!!*

37

$30 $30 07/ $13

89 ota.

40/41 cla

$13 19 ots,

i

In New York, hundreds of thou- sand were Aghting their way to- wards their homes to-day. The hotels are filled with suburbanites unable to reach their dwellings..

Tremendous areas across the country have been flooded" slice rivers the Mississippi and other have risen following a sudden thaw. Speedboats rescued many people in various places, who had taken refuge in tree-tops or on roofs.

In Tennessee and Mississippi there were picteous cries for help. Reports from Seattle state that Victoria and Vancouver, B.C., were cut off from the rest of the world. There have been heavy winds, 10 ots. sleet storms, floods and landslides 234cts in many places. The only means

of travel is by boat. 136 ata

+++

!

The storm is sweeping the east ern seaboard. Coast Guards are working ceaslessly to resc people marooned by foods in various dis- tiets owing to the suride thaw after the recent sharp frosts...

CANADA FROST BOIND Reports from Ottawa, indicate that almost the whole 'n Canada is frost-bound.

A new low temperature for all set at Iroquois Falls, Ontaria north frontier town, where a temperature of 73 degrees below zero was registered.

time was

There have been heavy mow- falls in the Rockies and the rail- way communications between the interior and the Pacific coast has been disrupted. Renter.

'DELAWARE ISOLATED.

Philadelphia. Jan. 23. Nine are dead here following the worst snow-storm of twenty years. The city is blanketed in fifteen inches of snow and huge drifts have piled up, isolating all parts of SHROUDED EN DEEP SNOW

Delware. Schools have been closed New York, Jan. 23. for an indefinite period. The eastern

or" the Reuter. -- portion United States is shrouded in deep There have, neen seventy deaths from the cola snap and $9floods.--

16 st.

Salacot Mining...... 15goti:

#1

1po Mining.

42 ots.

Itogons ......

19/3

Kallans**

19.

$15

· Langkats (single) d.

$16

韜

Explorations...

$6

Shanghai Loans d.

16

$9.10-Raubs-

544

35

$111

Godowns, eta,

Do.

115

116

30 ets

Venezuela Gold Fids.

Docks, Wharves,

H.K. & K. Wharves. Providents (old) ....

Do.

1:20 (new)... 1 c18.

H.K. & W. Docks

S. China Motors Al

"B"

$120 Shanghai Docks S.

New EngineeringsB.

Lands, Hotels, and

Buildings

H.K Lands....S. Do, 4% Debentures Shanghai Landa...N. Metropolitan Land..

Hongkews

$52

$309

H. Botels

24.46

360

189

$1.30

116

$5

snow.

NINETY DEATHS

New York, Jan. 24. At least 90 persons have perish- ed in the United States and An army cf 20,000 relle! workers Canada following the snowstorms at $i a day each is gesisting New which swept the continent para- York City's regular force of 10,000 lysing communications and causing men to free the city from a six-devastating foods.

Reuter Inch snowfall.

DRAWING THE EMPIRE

NEARER

Britain's Big Air Enterprise

Sir Philip Sassoon's statement need equipment, and also a big increase of the trained · person- nel

845 in Parliament recently bespoke an Air Ministry worthy of its name, inspired by the conviction and vision by which, seventeeri years ago, in the throes of the world con- $9.10 Hict, it was founded.

34.96 150

$60+

BO

c

324)

$19.9

$5.10

H.. Kealties.................

$12)

China Dọ minde

$123

Do. Debenturess.

191

Humphreys

New Asia Hotel

$:0

Avia Reniti "&" ..

Uu.

"B" S.

$88

Ühingas Estates..................

Cotton Mili

$8.90

Ewus

174

S'har Cottons{uld S

8441

Do.

(new)S.

39.40

Zoong Sings... S.

$65

Wing On Textiles(S.)

$53

Public Utilities

$20.30

Tramways"....--------| $50.20

Peak Teams (old).....

8

$7

Da (us)... | _••~

Sa8

Btar Ferries 398

523

Yaumati Ferries

$9.90

Do.

(ABW)...)

70

H.K. Electrics ......) $69.

$25

$24.90

24.80/25

444

Chins Lights (old)...$6.65 | $9.70 | 88.70

Macao do

Sandakan Lights ...

Telephones (old)" ........| 324,65;

10. (new)

$19.40 Cuina Buses.....8.

81.

17/9

$8

Tractions"sqr----

10. (pref.)......

Industrials

Malabon Sagara

***

190 Caldbook, ord.) B. $191, Macgregors f(pref.)8. $2.85

Canton lew

$1.97 Cements

Hop

Miscellaneou Dairy Farms. Dar A Wingan

Amusements ............

$3.80

$242

$1.85

$74

Ch. E'tainments......

$1.80

(51 ctrl

331

121

kel

18

Constructions, (old)] $14

Do

дет

Lane Crawfords....... **

Mackintoah............

Nanyang Tobeco0...34.55

Sincerest $7.80 Watsons

70 cts, Wm. Powell

32

11.35

M. Greyhounds......

5. U. Enterprises

United Theatre ..... 8.

90%, CL.G.5X1825G.Bds.

· prom.]

prom,

#72 $105

H.8. Govt. 4% Loans

Do.

31%

Wallace Harper

H.K Wing On

R'bal ∙136-

$24

374 7441 $8.40

34

322

$11

RENT

For many months the Air Minis. try, in consultation with air line operators and the Post Office; has been making inquiries and pre- parations; and at the time of the England-Melbourne air the new policy had already on broad

lines been determined.

race

Difficult Problem's

The nucleus is, of course, already in existence, and Imperial Airways has gained a mass of experience which should enable it to begin" immediately, and go to work deli berately and steadily completing the arrangements in good time.

CANTON TRADE PROSPECTS

(From Our Special Correspondent)

Canton, Jan. 24. Firecracker business in Canton has shown some sign of improve-

ment owing to the approach of the Chinese New Year when crackers are fired by superstitious people to drive away the evli spirit. There are big shipments from Canton to diferent parts of the province.

The export business to the United States has somewhat in- proved as a result of better busi- ness in that country This is the boom season for the firecracker business.

Sugar Trade Better There is a good demand for na- tire sugar. The price has ad- vanced by two dollars per picul It is used to make all kinds of Chinese swetmeat, which is con- sumed in great quantity during the lunar New Year. The tax on

native sugar is abailshed, although merchants making shipments have to go through the routine of re- porting the origin of the sugar. Its quantity and quality, and to submit the goods for examination. Outport merchants are buying Canton

native sugar which is cheaper than that produced else- where. The cheaphess of local sugar is due to extensive growing of sugar cane in Kwangtung.

Του

New Paper Factory The machinery ordered from Sweden for the government paper factory at Nëm Shek

wul arrive here in April. After instal- lation, the paper plant will start operations In June.

Pine Wood is to be used as raw materials for the paper factory. These trees are grown in the North valley. The Provincial De- partment of Reconstruction has sent an engineer to Sweden to study the manufacture

of paper and be will return here by the end of next month.

DEPUTATION OF FARMERS

Franco-German Co-operation

(Special to the "Hong Kong. Dally Press" (Copyright).]

Berlin, Jan. 23.

M. Auge-Larike, leader of the de- putation of French farmers now touring Germany in order to sound the possibilities of fruitful co- operation between French and

The designing and building of the aircraft bring more difficult problems. Specifications have Jet German farmers, asserted in the to be drawn up both for land course of an interview granted to aeroplanes and for flying boats. German newspapermen on Wed- These will, it is stated, be orafnesday that it was absolutely es- darrying passengers as well mails, and no doubt also a cruis

ng speed of not less than 170 miles per hour will be insisted upon.

Such a speed is less than that of othe American and une German mail carrier, and is much less than that of the British

"Comet,"

sential that all European countries should work together with a com- mon aim of preserving the vital interests of the agricultural com- munities The technical progress of the great industries, he said,

The announcement was the more emarkable because, beyond the establishment of the Empire ir routes now regularly operated, a nuch more elaborate organisation will be needed, and the aircraft it will serva have yet to be design- ed and built. Needless to sy, the statement would not har made unless the way to fulfil its

should be counterbalanced by the. promise had been clearly seen,

which won the Melbourne race; increase in number of inde- in the history of flying this will but it would be sufficient to amure pendent and financially sound be the biggest enterprise ever the flying of Empire services on small land owners. He heartily en-

and it is obviously the time schedules announced. indertaken,

dorsed the declaration, made by hurn of confidence and inspired by

Speed is not the only important Darre, the leader of the German. faith based on technical enlighten- mant. The British Air Ministry, requirement. The aircraft for the peasantry that "the healthy agri- not for the first time, shows the Empire lines must be the last word cultural communities offer the of peace way and leads the advance; and in reliability, and must have the strongest guarantee the Post Office, ever conscious of heat available equipment. They among nations" its responsibility to the commu-aust be sa immune ae is humanly nity, now declares its confidence in ensurable against the possibility 65 pts. the safety and reliability of air of forced landings, and must have transport. Governments of other qualities which even in such emer countries will react and respond..gencies would give them & reason-

able chance.

$2.90 $1.95 નાક

331

38

$4.20 55 ots

$1.35

90%.

Vibro Pilong.............

LATE NIGHT

CABLES

The following cables were received last night by the American Oriental Finance Corporation and

Messrs S. E Levy & Co.--

London Forecast

Stock Debtor business pointers are the cause of the night from Vall neral improvement Btreet and trading is expected to

steady on

A Sound Decision,

Preceding the announcement came the measure which raises the status of the Civil Aviation De

When asked of his opinion as to

Night Quotations

of New York Stocks and Commodities

Our offices are

open from 10 p.m. midnight.

until

every night except Sundays and Nor York "holidays.

The opening-quotations of a selected list of New York Stocks and of Commodities will be recaived in our offices at approximately 10-minute intervals.

11

Thus, our clients have, "on the same evening, quotations for The morning session of the New York Stock Exchange.

Advices of executions on orders placed during the night sessions are received within the half-hour.

American Oriental Finance Corporation

Asia Life Bldg.

MEMBERS:

Federal Inc. U.S.A.

Hong Kong.

S. E. Levy & Co.

TICK ROUSE STREET

INVESTMENT. DANKBES & BROKEES

NEW YORK CONTON EXCHANGE COMMODITT SÉCHANGE, INC. N.T.

CHICAGO BOARD OF TRADE "

CANADIAN COMMODITY EXCHANGE, INC.

COYRESPONDENTS FOX

WHITE, WELD & CO., #EW YORK.

NEW

YORK COMMODITY

Tel. 6631

STOCK AND QUOTATIONS

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

Rubber: July Wheat: May Wheat: July

Corn: May

American Smelting Consolidated gas of N.Y. Du Pont.......

97:

887 887

354

94491

Jan. 23

Jan, 24 Close Open 10.30 10.45 11.00

Sterling, New York-London Cotton March Cotton: July

4887

4887 488 4882

12.40

12.48 12.49 · 12.49,

12.55

12,54 · 12.54 · 12.54

Rubber: March

€12.95

13.24

12.95 · 12.98, 12.98 13.22 13.21 13.21

07

881

841

844

841

Winnipeg Wheat May

821

82+ 824

STOCKS

35+

19

191

191

191

941 94:

94

se

31 31+

314 310 311

9794 94 321

32 27 201 261 201 261 261

98

32 321

261

261

26年

260

18

18+ 184

184 ..18

417

411 411

42

37巷

374 37+

37€ 371

COMMODITIES PRICES

May

New

1.94 1.94/951,97/97 New

New York, Jan. 23.)

New York Cotton

January 23

July

1.98 1.98/98 2.01/01

El Bond and Share General Motors Int. Tel and Tel Loew's Inc. ... Montgomery W. National Distillera New York Central Standard Oil Co. of N.J. U.S. Steel

*Closing Opening Closing

12.40 12318 12.354 12.45 12.45 12.48 12.42 12.43 12.48 1248 September 12.53 1247 12.49 12.54 12.55.

the possibilities of co-operation be tween France and Germany along these lines, Larike declared that Jan his.conversations had shown that Mar. the agricultural policy of both May countries was fundamentally Iden- July Oct, tical and it was the chief object of their mission to discover the best (1935) --

Dec.

Stimulus To Designers There is good reason to hope civil aviation vote from joint Programme British designers will consideration with military produce types better of their kind and pave the way for the success 17penditure, removes any fear-it than any yet built and aircraft of the official negotiations that will

was not a very well-based appre-development has now reached the be held in the near future. $108 hension that civil flying might stage when a sound, typal produc Transocean-Kuo Min. $101,

conceivably at times be subordination is assured a successful career 851

ed to or involved with military of many years, with no more than.

minor successive improvementa, matters.

partment, and by separating the that under the stimulus of this way of assuring such co-operation

growing milder after the bitter ness in the East. Economists are increasingly against the loan on the 1935 crop."

Rubber: Rubber should be a little lower

12.53.12.50 12.50 12.55 12.55

New 1.92 1.90/92 1.95/96 Old Old Old

New New

New

1.96 1.87/971.99/00 Old Old Old

2.03 2.03/03 2.05/08

New New New

2,00 2.00/01 2.05/05

11,000 tons.

13.44 12.40 12.43 12:48 1248 Total sales: Old: 15,000 tons: New:

12.50 12.48 12.48 12.55 12.55 (1935) Spot 12.65

12.85

New-York Silk

Mar 1.42 1.41 1.41 1.40 1.41 May 1:41 1.41 1.41 1.40 1.41 July 142 141 142 141 1.41 Total sales: 75 lots

Montreal Silver . May 13.20 13.14 13:15 13.05 13.10 Mar 54.70 54.35 54.70 54.50 54.80

New York Rubber Jan 12.90 unquoted 1284 12.84 Mar. 13.07 12.98 12.98 12.94 12.95

Sept. 13.55 13.49 13.50 1341 13.41 July 56.00 55.50 55.80 55.70 55.90 Oct 13.83 13.54 13.65 13.50 13.50 Sept. 56.80 56.10 56.50 66.30 66.50 Total sales 241 lots

Total sales: 10 conte Chicago Wheat

Refusal to vield to an agitation First the prototypes have to be SINGAPORE RAW RUBBER July 18.38 13.30 13.31 13.21 18.24 May 55,50 54.90 56.50 55.10 55.30 in favour of making the Directors built, and then, after full trials, General of Civil Aviation & memproduction orders placed. All this ber of the Air Council is sound, will take at least two and a half because his independence of that years. In this matter, as in that body is the best guarantee that of military aircraft production, it civil aviation will not be interfered wine to wait till the latest possi

with

Imparial Airways. will have Wheat: Wheat will probably be steady. The far West is growing much to do to be able to operate the promised services before the milder, which is balanced by frigid and of 1837, Concurrently with conditions in certain areas. Aut the building up of the ground tralia is negotiating with the organisation for night as well as Orient, while France is not press-day- flying, the provision. necessary aircraft must be ing on the market.

Laken. In each case the AMIDU of work to be done will be tremen dous. But it will be done

A.OF.0. New York Cables

Stock: The opening of the mar ket was very light and mixed.

bo Cotton: There was no pressure to sell and the trade buying only

-Messrs. H. B. Joseph & Co. Messrs H. B. Joseph & Co, have

received the fallowing Straits Cure May 974 971 971- rency quotations from Singapore July

for Raw Rubber

ble moment before ordering, and, if possible, to ascertain what rivelaSpot are doing before entering upon.

expenditure, heavy commitments to types or to

It must be remembered, however, that British aircraft manufacturers rican cannot compete unless they are given comparabla this case ouragement

offered should be

Organisation will include the Imp "lighting necessary for landing on Years

aerodromes at night, radio beacons fulfilment

doubt

long the route, and also in many this master placed visual ones and directional will be helped and sti wireless organisationAll this will the Air Molet

Apru/June July/Sept. MarketSlightly easier.

881

-20% down t

Messrs

Messri

n& Potts

-96% 97% 881 881 881 881 Sept 861 831 887 867 87 Tuesday's sales: 12,337,000 bushels!

-Chicago, Corn May

84 361 85 861 July 81 811 811 801 Sept.

NEW YORK STOCK QUOTATIONS

5.E. LEVY & CO. 'S CABLES

Ben

& Potts have wing.

Winniper Wheat

frora Rubber:

May July

821 821

011811 81

vedgat

Total sales: 5,262,000 bushels

March

251 down 1 ct

821

New York Bugs

1.89 188/90 198/93

88/88

wing cables were re- astonight" by Messrs SE

Forward:"24-3/4, un

Business