1935-02-20 — Page 12

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Muyers

Seiera

Nominal

TUESDAY.

FEB.. 19,9

Sharebrokers

Bo (London) ....... Chartered Banks...

Mercantile Bks. “2”

Banks

| 31,520

H.K. Banks

ex dir | £131)

215

£13

390

$10

AA!!!!

Do.

Association

"

Buyers

Selle

Jafre Nomina

***

Bank of East Asia... 190

N. 0, & S. Banka ...

Am. O. Fin.Corp: 8.

$1.50 Ch. Fin. Corp. Ord. 3.

Do Pret. .

#39) Douglases ......

$30

Steamboaty

Ludos (pret.)

$31 Do. (def.)

Shells......

14

$144 Benguet Consolidatol

$1,188 à d

£32 213

$13 $9, ott,

Insurances

$280

Canton lisarande.. $260

Underwriters

******

1.30

$492

Union Insurances ....

31.38 $491

3400

China Fires...

1470

$825

H.K. Fires

$925

International Assoe, S.

Shipping

*391

57

$30

$35

30"-

52/

1124

Waterhos.

$124

Mining

91 cts.

Amtalaoks.

90 eta.)

$43

Balatcos

39 ats,

Baguio Gobi .......

40 eta.

17 cha

Li cta

Do. Exploration

LO ats,

Do.

Goldfield ...

10 at

Big Wedge il cts.

23 st

od liver2jetu.}

38jets

Gold Creek.....

"United Paracales...

35 ota

16 et

Salacot Mining.... 14hots.

$1

1po Mining.....

42 ots

togous

....

18/3

315

Langkata (single) ».

18,7 $15

$6

Exploration.... d

$8

Shanghai Losas 5.

$6

$7.50

Baub.

$7.70

$5

Vouszuela Gold Fide. 9.75

Docks WharrOS,

Godowns, etc.

门

$112

H.K. & K. Wharrer.

Providents (old)

11.26

30 ets. 3113

'Do.

{usƒ}_m_10_cta, H.K. &W, Docks

10.80

34.90-

3101

S. Obina Motora 'A'

Do.

"B"]

$120 Shanghai Docks S.

Men Engineerings8.

tongkowe T. S

Lands, Hotels, and

Buildings

$5.80

1309

Do. "B" 5.

15

$45

H.K. Hotal

$4.90

$50

B.K Lands...8.

$150

Do. 4% Debentures

11%

522

Shangai landa....

$12.9

Metropolitan Lands..

$5.10

H.E. Realties....... 470

$:0.80] China Do5.

$123

Do. Debontu esð.

$10

Hamphreys ..................$.80

New Asia Hotel ..

3:0

Aris Rouities “A” S.

-277

193

Cuinese Estate nya.

Cotton Mills{\

$4.99 Ewos

174

S'ha Cottons(uldƒS.

4.

-Do.

(new S.

80.30

Zoong Singe .......

*25

Public Utilition

$20.20

Tramways...

$20,20

Poak Teams (old)...) 8

$8.

$24

Star Ferries

Л

$22

$10.15

Wing On Textiles(5.)

Sentaplar

Do (new)...

Yaumati Ferries *** $214 322

China Lights (old)....... | #10.10

Do. (new)...

***

H.K. Hlootrice - $702'

中私自由 录侗

Sandakan Lights...

Telephones (old)

Do.

$12.40 China Buses......S.

Tractions

Dr. (praf.)

industrials

30.10

$74 3442 348 161

eruiv.) 1914

$25,70

371

$25

Macao do.

**

$20

*

$10.15

*. (DOW) WA) $10.30

7/3

18/

Malabon Sugars.

321

Caldbecks, oni.) 9.

$19

Macgregors/pret.

Canton Imma

13.90

$9.00

Vements *******$2.06

Hopes TAPÚAKİŞA

***

$3.80

MiscellaneoNZE

$334! Dairy Farmona, an

Dox & Wings... Amusemsate mi**

Ch. Etainment...... $6.15

Constructions, (old)] 314-

Do.

Lane Crawfords,..

Mackintosh ...............

$231

34

11.86

$74

£1.70

49 ata.

(now) 50 zła.

33)

$21

Nanyang Tobacco... $4.70

38

Sinceres

Watsons

181 $4.30

70 ota. Wm, Powells

55 sta

$2

M. Greyhounds.......

$1.36

0. Enterprises

$1.35

United Theatres... 8

89%,

Ob.G.5% 1926 G.3 Bdz.

89%

***

prem.

F.K. Govt. 4% Loans 61%

**

prem. 3%

Do..

312

#71

S'hai

EK W

Vibro Pileng

$105 195 $02.

$106

Wallace Harper.......

GRIPPE EPIDEMIC IN FRENCH GARRISONS

Special to Hong Kong

Daily Press")

Dy Telegraph, Copyright, Tetr graphia Mersager Ordinance 1891. Received, February 19; 3.30, p.m.).

TRAINED ARMY IN ITALY

French Press Reports Refuted

Rome, Feb 18.

HONG KONG DAILY PRESS WEDNESDAY, FEBRUARY 20, 1935.

FILM SUPPRISES FOR

1935

Clearing The Decks For Action

This 1934 has been a queer fim

year.

So much was promised; 50 little done, Such very small bangs from the great big drum.

To-day there is an air of ex- pectancy; a general sort of iden is forming in men's minds that 1935 Is going to be a very big film year indeed A vintage year.

At least fifty clever men are beginning to suspect that the „slience of 1934 was not ominous, but significant. The lull before the storm

There

was

1

the purity cam- paign. It never really came tó very much; finally petered out in a pleasant air of comedy. At first, it was plain that the religious organisations which bad started i; were puzzled. Then they realised. The film men were on their side!

Hollywood, knowing that the "EX racket" had just about been worked out welcomed this new crusade openly and wdtia Joyful protestations of Innocence. It was good business, too. The world was talking films again.

And so the purity campaigners. seeing that the enemy wouldn't fight, withdrew in good. order.

The effect on the box-office of this nine days' wonder was just noticeable like a shower of rain

an a summer's evening.

The significance of the whole thing was the eagerness of the film magnates to set their houses in order. Clearing the decks for action..

1

It was happening in Britain too.

The British film boom -- camme and went. Behind it stalked " the British film, crisis. Individual firms were sensationally success- ful; the general run product was chilled by the indifference of the public.

At first the big men in the British industry couldn't under- stand it. They had proof post- tive that the great British pub Hic liked British films. Then why weren't they coming any. more? Production costs were soaring to saturation point. It' couldn't go on. Three solutions. ultimately presented themselves. 1.-Films must be made more cheaply.

2.---The

market must be attacked-and in a big way.

American

3- Programme" . pictures must be abandoned as a source of revenue. Only big pictures are making money to-day. 'Solutions 2 and 3 provide the keys to British film policy for "1935.

British comedians are study- ing hard to make. - Aïnerican audiences laugh; British. spec- tables will be measured to de Me and Busby Berkeley stan- dards. [Berkeley invented the "mass”dancing effects that every

one has copied.]

More important still," an urgent talent hunt for writers is now in progress. When it succeeds the troubles of our producers will be over." Good stories are the life- blood of the cinema.

The City is watching all these moves very closely. Probably the most significant event of the year was the attempted merger of the two great film corpora- tions, Gaumont-British and As- sociated British. That idea start- ed in the City.

One move that did, succeed was the entry of the Prudential Assurance into the film busi- ness They now have a very definite interest in the fate and fortunes of Alexander Korda: and London Films.

That is how it stands to-day. But to-morrow?

Big things are on the way. For five years and more scien- tists have been working. Some have had the great advantage of the patronage of big business They have been spending for tunes in ceaseless search for the secret of the world entertainment of the future.

The vast Bell laboratories New York have been overtime. Other have worked

(Special to the "Hong Kong Daily Press"), Paris, Feb. 18.6

(ByTelegraph, Copyright Tole The grippe epidemic which is graphic Mesangat Ordinance, 1894. now regng n the French garrisons Deceived, February 10, 4:30 pm.) shows no signs of abating. At Bourges the military surgeon who treated the disease died of in fection while at Limoges garrison the death roll was four. At Brive recruits of the 128th Infantry Re- cil in deciding to send only Fas- Italian Government was keeping a giment have been sent on leave cist militia to East Africa was la for a fortnight owing to the epide-sued on Monday night by an au- caus

Transocean Kuo Min

A dat denial to the correctness of the assumptions made by scv- eral French newspapers on the motives of the great Facist Coun

alone; little men, staking their Nine- all on a scientific "faith, teen-thirty-five will make some men kings: some suicides...

Out of this maelstrom of hopes wil emerge," within the year what?

E

Television? Yes, certainly. That is settled. The film men are concerned now, not with what form

or how it

television will take will operate. They know that What they want to know is who will supply the pro- grammes. What will this public, a mixture of the honest sit-by-the-fire radio listener" and adventurous flmgoer who braves the elements nightly..

the

new

Millions will be made and lost on the answer.

Film millions. For a great per- centage of the first real television programmes will be talkies.

As you sit. by your Ere tonight and switch on the set an ultra- short

wave set, with a small." ground-glass... square that will warm to life in a moment-what- 'do" you want to see? Garbo?

Jack Hulbert? Or Elsie and Doris The movie magnates Waters? would like to know.

The colour films. Nineteen- thirty-five will see them, too. Äine- rica has technicolour. That is a chemical process; the film is dyed.

Good prints are perfect, but their lives are short. And the Americans, can't import to Eng- land one master print, upon which duty is paid, and copy from it here. They have to import the lot. And the cost of that is dan- gerously high,

In England they have three young systems: They were .con- ceived years ago, but have not. yet been given a real test.

The most interesting is the Hill- man process. That came about in a queer way. A firm of apple im- porters grew tired of having their nice labels washed off the boxes, so they sent for a man to think up a way to print pictures in col- our direct on the wood.

LATE NIGHT CABLES

The following cables ware - re- ceived last night through Reuter's Agency:-

44

London Forecast of the American Market

The Wall Street will in all like- lihood see considerable irregularity, until the clarification, or the con- sequences of the Gold Clause Decision. "

Cotton:The Cotton market is expected to open with feverish activity, with brokers adopting “a bullish attitude on making up an accumulation, of deferred orders, and with replacement of sold out lines.

Rubber: Rubber is anticipated to open up.

Wheat:\Wheat will probably be strong. The visible supplies are shrinking, and speculation is ex- pected to resuscitate former bull points.

New York Cables Stocks There was good activity un the slightly higher opening tending to diminish on the minor profit-taking downward trend.

Cotton: The market was meeting more cotton, but there was fairly. good demand. The market tone was steady.

ITALIAN COLONIAL

PROBLEMS

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

Rome, Feb. 18..

Air Marshal Balbo, former Air Minister before his appointment to the governorship of Libya, arrived bere on Monday by airplane, ac- companied by the secretary-gen- eral and air force commander of Libya in order to take part in the. deliberations of the Supreme De- fence Council and to assist in the.. preparations for the despatch of an expeditionary force to Abys- sinia,--

العربية

Transocean Kuo Min.

MR. ANDREW MELLON'S

· INCOME TAX

Claim For Six Million Pounds

Pittsburgh, Feb. 18. § Hearing of the Government's claim against Mr. Andrew Mellon for £6,000,00 arrears of Income tax opened here to-day. Mr. Mellon. was described by his attorney as a kindly philanthropist victim” of political persecution. His defence

is that the Government has not taken stock exchange losses into account in estimating his income, Mr. Mellon listened intently to allegations that he skilfully and deliberately evaded the tax. ---

The man's name was Hillman; he was an optical mathematician. The experiment was so successful that it was decided to adapt it to motion picture, photography, Hill- man's invention was bought by Gerrard Industries, who in their turn have gone into business with London Films. Their ploneer col-Reuter. our fim, to be made in the spring. will be Lawrence of Arabia."

The interesting thing about the Hillman process is that it is "addi- tive," The aim is photographed black and white. The colour is added by filtering the light from "the projector through a lens be-.

fore it reaches the screen. lens attachment will be sold or hired to cinema managers. It it breaks down (or the audience do not like it) the flm can, at a pinch, be run black and white,

This

The Cinecolour process was thought of many years ago by a Rumanian called Daponte and a Lancashire man called Cox. Until his death they were financed by Sir William Hartley, the marma- lade king six years ago they found a new patron in Mr. Mal- colm Stewart, cement magnate, and now Distressed Areas Com- missioner:

PRINCE OF WALES IN VIENNA

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

Vienna, Feb. 18. HRH the Prince of Wales who has been enjoying his winter holi- days in Tyrol arrived here on Mon- day morning, travelling incognito and expressing his particular wish that no offcial reception should mark his arrival · Later in the day.. the Prince paid a visit to the Aus- trian President, Miklas— Transocean Kuo Min

BRITISH MINISTER'S EFFORTS

To Promote Settlement Of Abyssinia Dispute

London, Feb. 18..

Investmmodities

Securities

and

We offer you

Daily Quotation Service.

Every Facility for Trading through our

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

CORRESPONDENTS.

merican.

Asia 'Life Bldg-

Oriental Finance Corporation

14, Queen's Rd., C

MEMBERS:

Hong Kong

S E. Levy & Co.

7, 103 HOUSE STREET

INVESTMENT BANKERS ↳ ́ BROKERA

• NEW, TORE COTTON EXCHANGE

COMMODITY EXCHANGE, INC. NY.

CHICAGO BOARD OF TRADE

CANADIAN COMMODITY TÍCHANGE, ING.

DORRESPONDENTS FOR

WHITE, WELD & CO., NEW YORK,

NEW YORK · STOCK

COMMODITY

Tel 26631.

AND

QUOTATIONS

(Through Reuter's Agency)

Sterling, New York-London Cotton: March Cotton: July Rubber: March

Rabber: July Wheat: May Wheat: July Corn: May Winnipeg Wheat May

February 19

13.58

.84 834

Last

Close Open 10.30 10.45. 11.00

4891

488 488 4881

12.59

12.57 12.57" 12.51

12.71

12.70 12.87 13.64

13.42

13.34·13,29 13.28

13.72

13.64 13.58

99

981 981

923

921 921

80

881 831

831

STOCKS

371 371 377

172 18 173

372371 174

97+ 071 963

964 961

El Bond and Share General Motura

6

B

6

5%

324 321

123 32 *S21

-Int, Tel and Tel.

Loew's Inc.

91

9

9

354

351

35 351 351

Montgomery W.

281

23)

28 281 *28

29

283 284 28

19

417 418 38

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

National Distillers. New York Central Standard Oil Co. of N.J. -U.S. Steel

Commodities Prices

March

(Through Renter's Agency)

New York, Feb, 19.

May

Closing

NEW YORK COTTON:

February 18 Opening Closing

July

Mar. 12.42 12.39′ 12.39 - 12.58 12.59 May 12.48 12.46 12.48 12.65 12.67 July 12.52 12.49-12.50 12.71 12.71 Oct.

12.41 1239 12.39 12.58 12.58 September Dec. 12.46 12.43 12,43 12.65:12:85 Jan.,

12.50-12.46 12.46 12.67 13.87

In the House of Commons, Sir | (1936) John. Simon Bald the British Spot 12.65 Minister at Addis Ababe had from

December

184 18 181 418 411 411. 371 371

-YORK-BUGAR

Old Old Old .1.96–1.96/96 1.97/98 New New New

3.95 1.95/98" 1.97/97 Old Old Old 2.02 2.02/02 2.04/04 New

New.

New

2.01 201/012.03/04 Old

Old Old 2.07 2.05/07 2.09/09 New New

New

2.06 2,08/08 2.09/0

Old Old Old 2.12 2.12/12 2.13/13 New New

New 2.10 2.11/11 2.12/13. Old Old Old 218 2.18/18 218/19 New New New

Twenty years and more Daponte and Cox have worked. In the New Year Daponte salls for New York to see Mr. William Renodiph Hearst. Hearst is interested. And If that deal does not succeed. It is believe that Signor Freddi, Mus-offices to promote an amicable Mar 12.97 1293 12.95 13.42 bid Total sales-Old: 20,000 tons. New: settlement of, the present difficul- May 13.10 13.04913.58 13.56 ties between Italy and Ethiopia.

solini's fim, dictator, will look in- to the matter

the beginning given his good

Ababa

12.80

NEW YORK RUBBER

July 13.2513.16 13.18 13,71 13.72

Next year looks good for Da- The Foreign Secretary added Sept. 13.42 13.32 13.35 13:88 13.88 ponte and Cox..

that he understood conversations Oct. 13.49 unquoted 13.87 13.97 had begun in Addis

Dec 13.69 13.60 13.81 14.15 14,15 between the Italian Minister Total sales: 948 lots and the Ethiopian Government. British Wireless

© And not content with all this, the steroscopic fim, which gives an flusion of depth to the screen, is on the way. Negotiations are. now proceeding between Imperial Chemical Industries and Gall- mont-British over an invention of a Farts banker, M. Zafiropulo, whose hobby is higher mathema- tica.

I have seen stereoscopic film de- monstrations, the best that Ame- rics can do Amazingly compli cated they

army at home.

prevailing critical tion in Europe

have two

French Press had stated that the Transsecon Luo Mi

thorised Italian quarter. The gene

idea to

first one #trengths of

BRITISH PILOT'S SKILL

London, Feb. 18 The skill and coolness of Flight Lieutenant Murlson to-day saved the lives of himself and two sengers when a bombing' machi burst into: names during a ti near Ramsgate,

fraichine. into the larding.

turned

one

217 2.17/17 2.18/18

$15,000 tons.

CHICAGO WHEAT

May 97+

971 97 98 99 July 901 901 001 92 921 Sept.

881 8888901901 Saturday's sales: 7,151,000 bushels

· CHICAGO GORN

May 861

NEW YORK SILK

1.39 Mar. May 1.38 July Total mies:,

138) 1.39) 1.42, 143 1.391 1.394 1,424 1.43

unquoted 322 lote

1.43 143

Mar

MAA

801

89 89 83

Unie

May

WINNIPEG WHEAT:

MONTREAL SILVER

55,1054.60 55,00 55,05:55.05 May 55.30 55.10 55.30 55.30 55.60, July 50.00 or 55.5 56,00€ Sept. 56.80 Total sales:

uinquota

5665%"

32 conta

BBid T-Traded, N

NEW YORK METALS.

Tob. 11 Feb

50.20

$40.357