12
DAILY SHARE QUOTATIONS Hong Kong Stock
Daycri
#11
Baller
Exchange
THURSDAY.
MAY. 9.
Banks
Sharebrokers'
Association
8871)
EL Banks
1078
£1241
Ea (London).**
8147
231]
Mercantile ReA
Chartered Banks...
£13
Do
181
Bank of East Asia..
C
$15
141
N. O. & S. Banks'.. Am. O. Fin. Corp: 8.
Ch. Fin Corp. Ord, 9, Do. Prof. S. Incursions
St.
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;
$400
HONG KONG DAILY PRESS, FRIDAY, MAY 10, 1935.
AND
STOCK YORK
QUOTATIONS
5-
241
NEW
COMMODITY
(Through Renter's Agency)
Last
May 9
Bellors
Buyers
Salas
Sterling. New York-London
4841
Close Open 10,20 -10.40
4341 434)
Cotton: July
11.87
Cotton: October
*11.30
Rubber: July ..................
11.71
11.00 4841 -11.89 11.87 11.86
11.51 11.61
11.60. 11.73 11.75 11.75
Rubber: September
11,84
Wheat: July
951
11.89.11.88 11.88
957
Corn: July
811
81F
954 813
Winnipeg Wwheat: July
831
881
88
STOCKS
American Smelting
(45)
453 451
451
rus
Canton Insurance...
Consolidated gas of N.Y.
241
24
23
231
1815
$1
Underwriters' ***|
Du Pont...
98)
98
981
98-
08
·1
Union Insurances in $350
o d
"El, Bond and Share ...
7
T
7
$365
China Firestar
$400
cd.
General Molars .......
311
31
32
30*
·H.K. Eiros ...** -odoen
$200
$135
Int. Tel and Tel.
7
7 71'
71
International Assoc. S.j
541
Loew's Inc.
391
391 391
391
Shipping.
Montgomery W.
201
201 201
261
281
130
N
National Distillers
23
25
25
25
34
$30
Lulos (prol)
$30
New York Central
161 181
18)
161 161
133
133
Standard On Co...of N.J.
451
58 3
Startla
57/
9. Steel
321
$111
KN ats
Amtamoksiä.
67 cta.
$34
Balatcos
120 cla
21 eta.
Baguio Gobl
Benguet Consolidated.
110ctM
Do Exploration
$14 str.
6 at
Big Wedge ..................................
7a. Geld Revor
5 cik.
3r dia.
Gold Creek
United Paracalos -
2
12 et
Salacut Mining.....1t ots.
85 ots,
Mining
Kailums *******
178
*(single) S.
.314 મક
Suanghai Loans
Raubs
14.90
33
Venezuela Gold Fide
Ducka, Whares,
Godowns, ste.
95 sta
Douglase........$384..
Steambo
Ja (dot)
Waterbout
-
Mining
10 sts. Do. Goldfield
30 atsil Itogons *******
17/-
$85
#36
59
doration.
(20 gla)
K&K. Wharta.
(Cum. Hights)
Do. (Ex. Rights) Do "(Righta)
Providents (old
...
Do. (us) ... 1.K. & W. Docka
S. China Motors' A
Do Shanghai Docke S.
"B"
季
134
$10
120 cts
7
$110
14
SMALLPOX IN
SINGAPORE
Slight Outbreak
F
Singapore, May 2. An outbreak of smallpox in the Kerbau Road area, near the old racecourse, is being "investigated by the Singapore Municipal Health Department.
166
*****58
451 451
32 321 321
FINANCE
Notes From London
General Sir Herbert Lawrence, the chairman of Vickers, Limited, made some trenchant com'nents yesterday
On some aspects of finance and economy. He pointed out that although the past year had seen material trade improve. ment in this country—ia which the Vickers group shared the future could not be viewed with entirs complacency,
"International trade," he said, "is strangled by trade barriers, currency restrictions, and exchange difficulties; world recovery, which is the prelude to an era of real prosperity, seems no nearer, and the economic disequilibrium frum which the world is suffering is so extensive and so many-sided that any immediate and rapid restora- tion cannot be anticipated. The revival in home trade can in some measure be attributed to the effect of tariffa which have safeguarded the home' market prompted capital expenditure by firms which benefit therefrom, while the curtailment of international, trade bas, in part,
NEW MENACE TO been the cause of the cheapness of
YUNNANFU
Foreigners Leave
money, which, in turn, has assisted in stimulating internal trade and eased the cost of national finance.". NO ILLUSIONS
But General Lawrence showed that be entertains no illusions re- garding the burden of national ex- penditure which, he said, fälls heavily on industry, taking an Peiplag, May 1. unduly large proportion of the Messages from Yunnanfu, the national income. Retrenchment in
be declared, and capital of the province of Yunnan, national spending had not been state that the majority of foreign maintained, women and children there, evarn-pointed out that the estimated ex- ated the city by train yesterday penditure for 1934-35 (excluding debt interest and management) morning, going to Haiphong. The was nearly £21,000,000 more than "Six Tamils of the coolle class
rest are following as soon as poss the original estimate of 1931; and in residents of lodging houses
theble.
£114,000,000 more than in 1924. how in Kerban Road, are
Ansback in trade, therefore, A Malay Middleton
would have a serious effect on the Kerbau also living in woman Road, was found dead, having
national finances and provoke a erials which would be more detri succumbed to the disease.
mental to our national interests than that of 1931. This warning from
Hospital,
The outbreak in the opinion of not serious. the authorities is -The district is being watched until the termination of the incubation period next week
A conservancy On April 11, coolle found the dead body of a baby in a drain in Kang Lee Road. by the old racecourse. It had died of smallpox Its parents were never discovered although close inquries were made.
Last
Thursday evening, two Tamils reported themselves to the They were Middleton Hospital found to be suffering from small- pox.
110
New Engineerings.
267
Hongkow.
S.
Lands, Hotels, and
Bulidings
34
H.K. Hotels i
538
H.K Lands....... $35
$38
$10
Do. 4% Debentures
84.15
$100
$201
Slu
Metropolitan Lands..
Shanghal Lands...S..
$4,85
$7
China
H.K. Realles............*****
Do
8.
པརབ་་་་ཅན
$133
Do. Debentures3.
Humphrey
39.20
New Asia Hotel
333
$70
Asis. Realtios "AS.
$10
Do.
"B".
$90
Chinose Balates
Cotton Atu
$8.30
BOS
Sunt Cottouffus.
$42
Do
(now S.
$8.10 307 141
201
Zoong Sings... S.
$8,40
936
Wing Oo Textiles(S.)
335
cases.
Public Utilities
$13.30
$13 36
Tramways ...... $134
事
Peak Trams (old)...
pet.
$6
Do (now)...
$80
Star Ferries mines.
180
$19
$60
***
$40
Yaumati Ferries ****,
China Lights users)
HK Electrica .................
Macao do."
Sandakan Lights....
Telephones (old)... $10.10
$191
8.40
44
$80
$23$
$10
Do
(new)...
$11
China Basas ...... S.
10/3
Tractions
20/0
Do. (prof.)...
Industrials
Malabou Sugar ....
119
Caldbeck, Tord.) 8.
$13
Macgregora prof.)B.
1.80
Canton Ivor
11.80
13
Cemente
Ropes.......
Miscellaneous
Dairy Farma
Amusements eas
Do.
Lane Crawford....
Result of Search Their house quarantined, and
was
B
immediately search was started in the area for further were. Four other Tamils found to be infected.
".
The vanguards of the Red forces in Yunnan are reported to be 15 mile north-east of the capital, with Nanking troops in close pursuit.
The wife of one American Con- sular official has left and Con- sular officials themselves are re- ported to be ready to exacuate, with their archives in the event of a more serious emergency.
It was only yesterday that publi- city was given to a Reuter message frum
Cantori, dated April 29. stating: "The Communiste, after reaching Kutsingfu, turned north and are moving in the direction of Széchuen. They are now cross- ing the Gold Sand River, and con- sequently the threat to Yunnanfu, the provincial capital, appears to have passed."
FIGHTING. IN SZECHUEN
one of General Lawrence's knowledge and experience cannot be lightly dismissed.
THE SMALL INDUSTRIA. LIST
#
which
4
Night Quotations
of New York Stocks and Commodities
Our offices are
open from 10 p.m. until midnight, every night except Sundays and New York holidays.
The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices at
approximately 10-minute intervals,
Thus, our clients havs, on the same evening, quotations för the morning seaston of the New York Stock Exchange.
Advices of executions on orders placed during the night sessions are re eived within the half-hour.
American Oriental Finance
Asia Life Bldg.
MEMBRES
1.
Federal Inc. U.S.A.. Hong Kong,
Corporation
S E. Levy & Co.
TICE HOUSE "STREET: INVESTMENT BANKERS & BROTVES
- NEW YORK COTTON EXCHANGE,
COMMODITY EXCHANGE, ING. N.K.
CHICAGO BOARD OF TRADE CANADIAN COMMODITY EXCHANGE. IN
CORRESPONDENTS FS
WHITE, WELD & CO., NEW YORK
GENEROUS GIFT
Jubilee Scholarship Founded
"Tel. 26631.
IN PEACE AND WAR
Silent And Unseen Missions
It illustrates," too, the steady.. developitent of gliding in this country and leads again to enn- sideration of its commercial utility. In Great Britain gliding is re-
however, the definite value that it garded merely as a sport, with, is a sound and economicul ap- preach to flying
The announcement of a forth- coming offer for sale by Charter- house.
Development Industrial
Singapore, May 2. The Colonial Government "has Company of 100,000. Five-and-a-
Nicholson's Mr. Christopher Half per Cent. £1 Cumulative received through Mr. Gaw Khek Preference shares and 100,000 5 Klam, J.P., chairman of
the night-gliding feat at Dunstable is Ordinary shares of Bairas-West, directors of the Ho Ho Biscuit an indication of the high impor- Limited underwriting of these is Factory Limited, of 33, Chin Swee tance such performances might" sules takes place to-day-marks an interesting stage in the progress Road, Singapore, cheque for hold in war, Chungking. May 1. Serious fighting has been raging of the Charterhouse Lavestment $10,000 from his company for the WIS foundation of a scholarship or Trust a subsidiary,
Singapore formed some nine months ago for scholarships at the In the vicinity of Chlenkuo north- ern Szechuen, during the past few the purpose of supplying capital Trade School.
The donor company has special- days between the Communists and for relatively small but progressive- The main industrial and commercial under- Government troops.
the Chartery asked that its name shound not be attached to the scholarships Red forces under Hsu Shang-chien, takings Hitherto
Industrial Development after being routed, retreated to house Chienkus, in an attempt to occupy Company has financed concerns because the gift is a thankoffering for the manifold blessings of His However, which it has sponsored entirely out Klangyu and Hstamin.
the arrived at Chlenkuo, of its own resources, and this offer son they wish the scholarships to be known only as the "King for sale will be its first appeal to when
overtaken and "heavy the public. The proceeds of the Majesty's reign and for that rea- issue of the shares which the George V Silver Jubilee Scholar- A large Communist force is be-Development Company has pur ships." Recipients of the scholar-his training on a power-driven ng concentrated at Tsinghua-chased will be utilized solely for ships from in the All contacts.
the chang. northern Szechuen, where the expanision and development of nevertheless be informed regard- have been vaccinated, and usual precautions have been taken the recently impressed Red soldiers to the are training. The Reds on the to confine the outbreak
eastern bank of the Hsiangsul river district.
in Chinglien also have been con siderably reinforced.
On Saturday morning, the death woman living in of a Malay Kerbau Road was reported to the police. A Municipal Inspecting to issue officer, whose duty is death certificates, upon examining the woman refused to issue a certiăcate. A doctor later certif- they were ed her as having died from-small-fighting ensued. pox the previous night.
է:
districts
JUBILEE SOCCER
London, May 9.
$14
$14
$1.83
46.40
Ch. Etainment
35
England Beat Anglo-Scots
11:40
Constructions, (old)!
$1.40
!45 $1.
(new) 35 cts.
Mackintosha****-*
Nanyang Tobacco... Hi
Binceros..........«
301
131
33)
is cla. W Powelle
35 et
$2
M. Greyhounds
J1.35
S.. Enterprises...
$1.36
927. pre-8),
HX. Gort 4%Loans
Dɔ,
prem 18
Wallace Harper ....... tam
$106
B.K. Wing On
S'hai Do.
B105 05
Vibro Pilcng re
+3.20
NAMED AFTER BUT NOT BY HIM
(Speelal Air Mail Service
London, April 28.
after him by his successor at the head of the Survey, Major-Gen.
Sir Andrew Waugh."
Out of the World Mr. Hugh Ruttledge, who, as announced recently, is to lead the
RECORD NON-STOP BY AMELIA EARHART
Limited-in
other Bairns-Wear, words this is no case of the public being asked to furnish. funds to enable vendors to get out," and the offer is therefore. strictly in keeping with the sound purpose for which the Development Com- pany was designed. Bairns-Wear is a merger of two successful pri vate companies whose products consist chiefly of children's knitted garments and knitting and other yarns.
time to time will
ing the generous source of this
benefaction.
A member of the London Gliding
incur Club will, in a year.
the expenditure of no more than about ET to £9, including subscription and gliding practice. As a result aeroplane will take little time and cost very littlė.
MAIL BY FLYING “TRAIN", In Germany and in Russia The donors have also expressed the desire that no racial criterion experiments with glider, “"trains" should be applied to the selection and projects for very big glidera of scholars, the only suggested point to an ambition to utilise qualification being that they gliding for commercial and pas- should have been educated in gibly for military purposes.
(preferably Malayan
... Colony)"
Mails could be dropped by man- schools and be the children of ned gliders releared one by one
resided parents who have
in from a flying "trains." Although Malaya for a number of years.
no part of the world, does Rules governing the award of there appear at the moment any the scholarships will in due occasion for doing this, It may course be drawn up on these lines became desirable and economical
in
INDIAN INCOME-TAX RELIEF New York, May 8. The Jubilee International soccer
Increasing competition for the Mrs. Amelia Earhart Putnam, match between England and the Anglo-Scots was won by the former the famous American pilot, land-business available and consequent- by the only goal scored. The ed at Newark, NJ., after completly very narrow profit margins. were match was an exciting affair, thereing the first solo non-stop fight referred to by the chairmen of by the Education"-- Authority in i in the future.
in their speeches at the annual of the donor company, being no score when hair time was to that point from Mexico City. two of the Eastern exchange banks collaboration with the chairman reached.
Her. Journey was over a particu- meetings. The bank's turnover,
DEEP GRATITUDE 2,100 Over 10,000 people watched the larly. Tangerous course.
said Mr..J. M. Ryrie, chairman
His Excellency the Governor has game which was played on the miles long, and she accomplished of the Alercantile Bank of India,
thanked Mr. Gaw Highbury "ground, but the weather it in 14 hours 28 minutes. which showed a substantial advanco in personally
1994 and the increase bad con- Khek Khiam for his company's was far from 4deal,, being cold and 1, a new record for the trip
tinned in the current year, but generous endowment and the Reuter dull. *
the larger turnover had brought Colonial Secretary has asked him little extra profit owing to the
Reuter.
NEW SCOTTISH POST
India had reached her taxable
ex-
Obviously, there is a possible. war application of the same idea. A gilder has a remarkably good descending gradient, ranging from 1 in 20 to 1 in 35. It follows that a glider released from a height of only 15,000ft. may have a poten tial range of more than 60 miles 30 miles out and 30 miles return.
LANDING BEHIND THE LINES
leased right carry its plot and a
Rushing war load equivalent to the weight of a passenger. dently through the darkness it might carry out an important
pised
Par
keenness of competition. A threat to convey to his co-directors and U.S. TREASURY HEAD'S
of still further competition in ex- to all shareholders in Ho Ho
mill ex Biscuit Factory Limited an A two-seater glider thur SPEECH
freeing of the Imperial Bank from pression of the Government's deep the restrictions under which it has and cordial gratitude for their In inviting applications for the
Washington, May 8. hitherto worked. He expressed munificence. This gift was mace inspector of of woman post.
Mr. Henry Morgenthau, Secre- satisfaction at the reduction in before the Singapore Silver Jubilee boarded-out children in Scotland tary to the Treasury, will make an the surcharges on income-tax in Fund for the reller of distress has attempt to be made next year on the Scottish Office is setting a pre-important speech on Monday | India proposed for 1935-36. There been constituted. Mount Everest looms large in Mount: Everest, is a retired Indian cedent, as hitherto there has been night. It is understood that he could be no doubt he said, that no single full-time woman official will probably discuss monetary limit for some years to come and the news just now. With the Civil Bervant.azand
On returning from the East he to whom this work has been polley and possible reveal the that existing taxation was so high from which banks were death of Mr. L. F. Everest, barris.
his home in entrusted. The boarding-out of White House view on the question as to prevent the normal flow of His bank, for example, ter of Lincoln's Inn, there passes elected to make
of a currency agreement with money into productive enterprise ratio of liquid sasets, the last of the lineal descendants Gometra, one of the western isles children to enable them to escape
Mr. Byris closed his speech on bills of exchange, of 60 of Dol Sir George Everest, at one of Scotland. This tiny island, the environment of the poorhouse other countries
personal note, for he announced This can only be corrected time Surveyor-General of India measuring roughly but two miles and to enjoy normal family life Beuter
that, for reasons of health, he further revival in trade. He re It was commonly supposed that by one, he purchased, and shares has long been a successful feature
would before very long find it forred to the proposal to separato necessary to give up the chairman Barms from India and expressed Sir George gave his name to the with his family and a few fisher of Poor-law administration.in Scotland, though in England it 8 mountain, but the late Mr. men and farm hands.
practically unknown. The new circumstances which are unsatis ship which he has held for over the bope that it it took place the
wanders the terms of separation Everest himself corrected.
inspector will have charge of about factory, or which contravene the decade.
Sir Charlies McLeod, chairman a continuance of the idea. evadedep
"My father," he wrote, "did not
7000 boarded-out children, and it statutory regulations, she will re-
drew attention to the crerliquidity unhampered by restrictive give his
name to Jomo Kang
will her duty to pay them all quire to submit a report to the of the National Bank of India, trade between India and periodic visits. If there are any authorities Kah Mount Everest was named
this
His only constant link with the world is his wireless" set, New papers arrive three days late and supplies come but once a month. This does not worry him.
operation seen and unheard
Again, released gaiders might be land special mission men hind the lines, and all traces could be easily hidden
In Russia designs have been drawn for a huge, gilder to carry
soaring begin wit
ans great heights ising up-
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Private notes are available after approval.