NEW
YORK STOCK
Snarebrokers' Association
WEDNESDAY,
Buyers
Ballara
Date 6
Banks
Now York: May 14,
1,000
H.K. Banka
Bo. (London)
**
31,010
Chartered Banky
4143
£14
New York/London, Cross-rate Now York Cotton-July
£31 £13
Mercantile Bus. "A"
231
New York Rabber-July
2:34
Chicago Wheat -July
93
9급
Chicago Cora
--July
કાર્ફ B
20%
Montreal Silver -Dec.
77.35 77.35 76.300 7,000 1.70 up
Bilver Official
731 742 1 ap
$1,83
$4
Canton Lostrandos.........
$15
od
3316
Underwriters
******
'L
30 Industrials
1143
84.58 $14.23
31
13:0
$356
Unida InsurancON ***
$350
20 Rails
58.98
97.11 31.99
China Firos *********)
rd
$.00
90 Utilities
31.03
!
14.30
18.39
$400
H.K. Fires ...okseksas
$186
40 Bonda
$200
97,147
84.73 95.37
12
DAILY SHARE QUOTATIONS Hong Kong Stock
Buyin Bellars
Exchange
391
Do.
Bank of East Asia...
N. C. & J. Barks
Am. U. rin. Corp: 8,H
Oh. Fin Corp. Urd. S.
Do
Prof. d.
480
HONG KONG DAILY PRESS, THURSDAY, MAY 16, 1935.
EXCHANGE
(Inrough Realer's Agency)
45
QUOTATIONS.
Last Today's High Law Close Close 4.87 4.M7 4571 487 iləï -1132 11.88 11.59 14.09 12.15 12.0 19.28
Chango
ap Steady
Dow Jones Averages High-1933/34 Low: May. 12. May. 13 Change
Commodities Prices
May July
พ.
(Through. Wentef's Agency).
New York, May 14.
NEW YORK COTTON
Glasing Opening Closing 11.80 11.82/82 11.78/78 11.88 11.87/87 11.87/89 October 11.69 11.68/69 11.77/78 December 11.73 11.74/74 11.84/84 January 11:80 11.78/78 11.88/88
(1036)
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
.03 up
up
March
of
Spot
L
up
11.82. 11,52/82 11.93/99
15.25
13,30
NEW YORK RUBBER
May'
July
11.908 12.03/03 12.17x/20 12.02 12.15/13 12.28/28
Bept.
12.15 12,32/32 12.41/41
Oct.
12.21 unquoted 12.48/48
14,18
.05 of
Dec.
J1.23
01 up
Зап.
18.06
33 où
12.38 12.50/52 13.61/63 12.43 12.80/81 12.70/70 Total sals: 557 lots
95.98
.01 up
Binternational Assos. 9.
મ
11. Commodity ludex
83.23
41.98 38.81
59.01
... up
Shipping.
$39
Douglasen
$38
May July
Steamboats
$30.
Ludos (prof.).......................
$30
Last Sale
Last Sale
$33
pa (dot.over.
$35
Stock & Dly.
May 13 May 14
Stock & Div.
80/.
Shells
59%
Adams Express
61 6)
Waterhoil
+4
Alaska Jun (1.00%) 171
L77
Gold Dust (1-30)... Goodyear
May 13 May 14
154 19 18+
CHICAGO WHEAT
911 91 811 91 021
92 92 93 Sept. 931
92 931 931 Monday's sales: 28,464,000 busters.
Asia Life Bldg.
B01 917 921
14, Queen's Rd., C.
Hong Kong.
Te!!26631
154
CHICAGO CORN
881 87 871 87 871
Mixing
Allis Chalmers
Int. Cement
273 27+
58ets
Amtamoks
67 cts
Am. Brake Shoe
Int. Harv (60)
$34
Balatcos
20
21 at.
Bagaiq doll
(80)
Int. Nick (.80)
29
414 421 231
$11
ساي 10
Do
10 ch.
Benguet Consolidated 3:0
Do.
Amer. Can (4) ...... 1241
134
Int. Tel. & Tel
71
"171
Exploration
|14 ctm.
Goldfield...
Am. Comm. Alcohol
(25)
Johns Manville
494
494
May
Kennecott (15)
194
191
8 at
Big Wedge .........................
704.
July
7.ces
Gold River.
(.25dr.)
30 cts
++1
119 cts
Gold Creek..
United Paracales ...
23 ctu
Am. For. Pwr
Salacot Mining
طال 11
beta.po Mining..
Am Cyanamid "B"
Am. For. Pwr. $7 1st
PL.
Krog, Gro. (1.502)
231 233
4
........
22
30 ata. Itogona
Am Locomotive...
12
17/9
Kattaus **
17/-
$14
Explorations......
Luguats angio; 5. $11.80
Am. Metal Co.
191
241
Am. Radiator
148
351
Shanghai Loans
Am. Smelting
441°
Raubs
14.20
Am. Sug. Ref (2)
35
Venezuela Gold Fid..
Docks, Wharvas,
Godowna, sta...
H.K. & K Whartea.
183
$84
Do.
39
Do.
96 sta
120 cra
(Cum. Hights)
(Ex. Rights)
Providente (olts...)
Dr.
(new) ... 11.A. W. Docks
196
(Rights)
$0
196 cla
Am. T and T. (9)... 118)
Am. Tob "B" (5) ...
Am. Waterworks (1) - 11)
Am. Waterworks sa
pref (8)
Anaconda Copper
Atch. T and E. F.
631
154
50 ct.
(2sd.)
411
Atlantic Ref (1)
251
S. Chias Moturs' A'
Atlas Corpn.
92
الاله
$110
$3
New EngineeringsS.
Shanghai Docks S.
5.10
Auburn
Automobile 201
Baltimore & Ohio'
$2671 Hongkaws. 5.j
Lande, Hotels, and
Bulidings
Boeing Airplane....
H.K. Hotels
Bendix Aviation ...... 15 147
Bethlehem Steel.... 201
Borden Co, (1.60)
14.05
$35
H.K Lands..........ß.
130)
Borg. Warner (dr.) 34
3100
Do. 4% Debentures
$100
3201 Stankusi Lande...3.
Case
$10
Metropolitan Lands..
Canadian Facile
HY, healties.......
4.10
Caterpillar Trnot
Ch. Nat. BE. (1.40)
.21*
$123
Do. Debenturess.
C'Peake Corp. (2.50))
19
Humphreys
19
C'Peake Corp. and 424
New Asia Hotel
135
$75
As Romition "A
Ohio (2.80)
43
$10
Jo,
"B" S.
Chrysler (1)
100
Chinese Estates.................
Col, Gas & Elet.....
Cotton Millm
201
Comm. Solv. (-60)...
$8.30
Ewod
18.10
Comm 8thra. ....................
1
S'ts! Cutwus(uld)S.
1871
Comm. Sthmm.
$8
$42
Du
news.
$44
cum. PL. (6)
44
28
Long Stug........
$0.40
266
Wing Un Textiles(S.)
Congo-Nairn
(1.60)
136
Pabllo UtilRES
Cons, Gas NY (2) 23]
13/12 60
$8
Frailways tanu Picina (old)
Do. (new)...
$13.15
Cons. O (28)........
181
Cont. On (.25)
Corn Prod (3)
180
Bar Forces
#80
Coty Inc.
320
Yaamau Ferries... »**
$8.35 $60
80.40/ 35
Chins Lights
$8.45 $8.30
28.40
60
$234
HK. Electrics .............. Macao tu.
Fost
Cwn. Cork $2.70 P.
(2.70).........
Sandagna Lights ....
Curtiss Wright Curtiss Wright "A"
$19
Teleponca (old) ....
Do (DOW)
8.90
$11
Chise Buses
10/3
Bys
Dö.
(pref.)
Industrials
481
Malaban dugars
319.20 Delaware & Hudson
Douglas Aircraft
Du Pont (2.80%).....
East Kodak ((4) Elec. Autolite Co. Elec. Bond & Share
319 Caldbeck, (oru; 8,
$13. Maogregors fiprut.38.
Elec. Bond $5 PT '(5) ...50
Elec. Bond '36 FI (6) 551 53
Dairy Farma
Amusemente pe
Do.
SLBG
Canton 1004 maa
L'ement
$2.
Huper
MiscellaneOBLE
14
$1.80
$8.40
Ch. Ftainment)..............) $5
$1.40
Constructions, (old); $1.30
#6 cha
Lane Crawford......
Mackintosha
Nanyang Tuba..
38
Sinceres a
331
Watsons
70 eta.
Wm, Powells
$2
M. Greyhounds.....
$1.36
5. U. Enterprises ...
$24
155 cte.
$1.30
D27. b.0.541925 G.3 Bdz. 92%
H.K. Gorn 4% LeaILS
Do... 31%
2/
記
Wallace Harper......
$105
HK Wing On
$105
Whal
Do
195
Vibro Pileng
-1.80
mec. Power & Light
182
Fox Filmi "A" ...
12
$2
Geb. Elec. (90)
Gen. Foods (1.80)'
35
314
12
Gen. Motors (14)
32
Gen. Rly. Bigs (1),.
(new) 30 ta,
Gillette Saf. (1) Glidden Co. (1)
• Bid
= ཝརཱིཏོརིཀྑཱུ ཨྰཿཀྰ ཨྰg རྦྷཝཨྰཿཀྐནྡྲ⪜ཀྑཾ ྂąཙྩཙཙྩཊ, 3 ཿསྐ 3eཆ171acཎྜརཽཉྙË⪜E
187
Lehman (240)
774 771
31
Liq. Carb. (1)
307
31
No. 1 No. 3
Loew's (1)
39
391.
Con. Con,
May July 80+ 80 80 803 801 Sept, 741 741 744 75 751 Monday's sales: 10.197,000 bushels
WINNIPEG WHEAT
871 862 981 861 881 88 88 971 87 872 NEW YORK SUGAR
No. 1 No. 3 Con Con.
S E Levy & Co.
7
3CX HOUSE STREET
INVESTMENT' DANKERS"4 · BROKERS
MEMBERS:
20
Lorill. (1.20)
21
211
May 2.50 2.47a 2.408/48a ung.
121
McIntyre (2)
442
44
19+
Mont, Ward
261
..:261
July 2.48 246 2468/48 2.45/45' Sept. 2.55 2.52 2.53/55a 251/52
141
Nat. Bisc. (2)
201
251
437
Nat City Bk. (1) ...
20"*
201*
Dec. Jan. 2.45x 2,41
2.63 2.58 2.62/62
2.56/56
ING.
2.389/40A
・・ Nat, Da. P. (1.20)...
15
15
(1936)
NEW YORK COTTON EXCHANGE
COMMODITY BIOMANOM, INO, K.T.
CHICAGO BOARD OF TRADE
CANADIAN COMLODITY BACHANGE, ISU
1161
Nata Distillers
241
241
86
Nat. Pwr. Lt. (.80)...
81
84
Total sales:-No. I Con,: 1,000 tons.
No. 3 Con.: 6,000 tons."
107
Nat. Steel (1)
50
491
NEW YORK SILK
N.Y. Central"
17
167
i
"64
N. Amer. (50c. 4%)
141
14
151
Otis Mec, (60)
17
177
Pac. Gas (1.50)
181
19
414
Pac. Ltag (3)
29
28A
May 132-1334 1.33 1.334.1.341
1.39 1.34 July 1.33 1.33 1.34 Sept 1.31 1.32 1.33 1.32 1.33 Total sales: 37 lots
CORRESPONDENTS F
WHITE, WILD & Co., NEW YORK
26"
Packard Motors
4
· 37
די
91
Peanroad Corpn.
17
2
21
Penn. Rly, (1)
-211
214
73.95 May
114
Phil. Petro (1)
21
211
July
Sept.
75.49
77.201
Pierce Arrow
281
Pub. Ser N.J. (2.80) 294
·291
Dec.
16.30% 78.00
78.00%
81"
Radio Corpn.
51
231+
Repub Steel
13
13+
341
Rey. Tob" (3)
492
497
59 581
Schenley
24
24
107 100
30
39
Sears Roebuck
471 4731
Shell Union Mi
213
Simmons Co.
"82
·Boc.-Vac. (.60)
144
144
421
Bra Cal. Ed. (1.50)
154
151
Special to the "Rong Kong Dally' Press” (Copyright).1
Stan, May 8.
43
Southern Parlic
161
17
442 451
Southern Riy
101
11
61
Stan. Brands (1)
142
147
207
Stan. Gas
31
4
1)
Sta. Oll Cal. (1)
37
Sta O NJ (1)
451
37号 46
.427
Eter. Pro. (2.80)
64
Studebaker Corpa
23
221
231
Texas G. Svilp (2)
331
341
91
Transamerica (1.12})
51
51
211
214
Un, / Car. and Carb
13. 731
(1.40)
554
581
43
5+
Un. Pac. Rlys.. (6)... 93
Un. Aircraft Corp.... 131
04 133
461
Un Air Line Trans...
61
61
..
2+
United Corpn:
24
21
81 81
Uni. Gas Impr. (1.20) 13 Unly Leaf Tob
134
(2) 551
571
25)
251
U.S. Pipe Fdry. (50)
99+
U.8. Rubber
121
127
US. Rub. $8 1st Pr.
824
32
221
US, Steel
33
33
7
401
U.S. Steel #7 Pf. (2) Vanddium
12+
12
Vick Chem (2.40z).... 36
354
21
Warner Bros. Picts.
31.
31
. 114
West Union Tel.
241
25
West Air Brake (1) 201
201
354
West E. & M. (65)..
46%
407
321
Wilcox Oil and Gas
221 227
Woolworths (2.40) 591
59
16 153
Call Money
1%
271
tex: div.
possible mutilation
NEW
YORK STOCK
COMMODITY
AND
QUOTATIONS
(Through Reuter's Agency)
Last
"May 15
FRANCO-ITALIAN AIR CO.OPERATION
Special to the "Hong Kong Daily
Preas" (Copyright).
Paris, May 14.
FRENCH NAVAL VISIT
[Special to the "Hong, Kong Daly Press" (Copyright).3.
Rome, May 14, ...The French Mediterranean squadron which arrived in Naples The possibility of strategic co-a few days ago has now terminat- operation 1ri the air betweened its official visit. The warships France and Italy was discussed by steamed out of the harbour on the Air Minister, General Denain. Tuesday en route to Bavcataro, during the Rome negotiations but Yugoslavia as vice-Admiral Mouget no definite. agreement was con- also intends to pay that country a cluded, states "le Matin's" Rome visit.- *Correspondent who adds that the megotiations would be continued in Paris and London.
"le Matin" points out it is wrong air must be part of the general
to speak about the Franco-Italian system including Germany, Great
air pact ar sich a pact was un-Britain and Belgium
fenalble as according to the Strema: Transocean Kuo Vin
Cotton: October
Du Pont...
National Distillers
New York: Central
Standard OH Co. of NJ.
Sterling, New York-Loridon Cotton: July
Rubber: July
12.24
Close Open 10.20 10.40 11.00 4871
487 4867 487 11.89
11.89 11.88 · 11.88
•11,78
11.77, 11.77: 11.79 1244 12.40 12.41
"Rubber: September
Wheat: July... Corn: July', Winnipeg Wwheat: July
12.41
12.56 12.50
12.53
East Wall-Otus, Barnet.
911.
22
021
80%
804
BL
877
871
STOCKB
American Smelting' Consolidated gas of N.Y.
431
441
441 441
231
23
23
221 234
991
991
991
191
El, Bond and Share
7
toto:
61
64
No. 8.Buoy-Bruce, ---
Géneraj Mot res
32+
821
321
317 317
FOREIGN A
Int. Tel. and, Tel.
73
71
Loew's Inc.
301
291
decisions any co-operation in the
Montgomery W.
163 164
7 [40] 261 201 201 281 201 241 243 241
241 241 101
404
40
162 18|
40
194
451
401.
461
US Steel
321
Blit
MONTREAL SILVER
75.758 75.25/50 74.85 76.201 76.00/20
Total sales: 83 contracts
71.05/05 IN RURAL CHINA
CHINGWEI CANAL COMPLETED
[Special, to the "Hong Kong Daily Press" (Copyright).),
Nanking, May 9. The National Economic Council la considering the establishment of a national committee on rural co-
VESSELS DUE
Agapeuor, B. & S., June 4, Agre, Gilman's, May 29. ' Alipora, P. & O., June 5. Alster, Malchers', May 39. Aramis, Messageries", chine, 15. Athos "31., Messageries', Jura 1. Atouts Maru, N.Y.K. May. 16
Under the direction of the North-operative enterprises. The Com-Bangalore, P. & D., June 11. Western branch of the National mittee will have capital funds of Economic Council, the engineering $10,000,000, to be used for the ex- work for the Chingwei Irrigation tension of the co-operative move- Canal, in norther Shensi, has now been completed after a year's
work.
The Canal, which has cost over $200,000 to bulld, will bring water to irrigate the farmlands in the province. northern part of the Besides Improving the course of the Canal and its branches, water sluices and locks, tunnels and other Irrigation facilities have been built. With such facilities, it is anticipated that over 500,000 mow of farmland will benefit by having an adequate supply of water.
·
Deputies of the Northwestern branch of the N. E. C. and the Shensi Provincial Government are prceceding, to northern Shensi to inspect the engineering work. China United Press (by mail). Transocean Kuo Min.
REICHSTAG MEETING
(Special in the 'Bong Hong Dais
Press" (Copyright).]"
Berlin, May 14. The Reichstag has been convok- ed for next Tuesday when it will assemble, to hear an important
Hitler. pronouncement by
The coming Friday was originally fix- ed as the date for the session but at the last minute it has been postponed to Tuesday since Friday is the day of, Pilsudski's funeral.- Tramorean Eun Jin.
WARSHIPS IN PORT
The following warships were in port yesterday.
Basin,--Tamar.
South Wall Grimsby..
ment throughout the country. It goes without saying that this plan will have an important bearing on the economic recovery of China. China is at present experiencing an unprecedented Industrial crisis, and the rural situation is no bet ter. There are of course. many reasons for the present state of affairs, but the principal factor appears to be the instability of na- tional rural economy. For cen- turies China has been an agricul- tural country and can hardly be otherwise. For this reason, her
national economy should be based on agriculture, and therefore, rural rehabilitation is a prerequisite to economic recovery.
}}
HIGH RATES
Benarty, Gibb's, May 17, Bintang. Thoresen's, May 21. Burdwan, P. & O., May Burgenland, Jabaan's, June 6. Calchas, B. & S., June 17. Canuda Mara, 0.8.K., June II.
20.
re, Jardine's, May 16 F. & O., June 12, Chenencosur, Messageries', May 21. Chichibu Maru,
NYK May El. City City of Yokohama, Bank Line, June 6 of Wellington, Bank Line, June 1. Conte Verde, Lloyd Triestino, June 3. D'Artagnan, Massagaries', May 18. Douan, Melchers', "May Empress of Asia, C.P.S., May 22 Empress of Canade, CF.S. June 7. Empress of Bassin, C.P., June 19, Friderun, Melchers", May Furaken Maru, 0.6.K., Ma General Lee, States Co, June 7. General Sherman, Stan Co., May . Golden Dragon, States Co., May 26. Haiyang, Douglas, May 16. agua Maru, 0.8. May Hakone Mart, NY.K, May 31. Hokozaki Maru, NY.K, May 21. Havana Mara, 0.81, May 31. Havre Maru, 0.3K, June 4. Hawali Mara, 0.8.K, Juhe * Hector, B. & G., May 201 From the economic point, of view Hozan Maru, OS. Ma
May the Chinese farmer suffers from Illinois, States, Co., June 6.
Irisbank, Bank Line, May 22. usury. He has to pay almost pro-isan
Kitano Marn, N.T.K... May 24, nihitive rates of interest for small
Kumsang, Jardine's, liay 15. loans, and is so handicapped fin-
Kwanto Maru, O.S.K., Jane 10. ancially that he has no means of Mantus, P. & O., May 26.
Losslebank, Bank Line, May 27. improving his methods of agricul- Menesthous, B. & S., Jaos 7. ture.. At present there seems no Memnon, B. & S., May, 2 better way of solving the rural Moncalieri, Lloyd Triesting, May 20. problem than the extension of Montevideo Mara, 0.8.K., May rural co-operation. If the move- Muroran Mara, NY.E., May 10. ment is properly conducted, not Nalders, P&O., May 17.
financial circles be Nankin, E. & A. S.H. Co., June 5. only will brought into close contact with the Nanking, Gilman's, June 3.
Niel Maersk, Jebsen's, June 2. rural communities, but there is Ferseas, B. & S., May 20. also the possibility or eliminating Peter Haersk, Jebsen's, May 10, the usurer from the villages,
President Grant, A.M. Line, May 17. President Hoover, Dollar', May 17. The co-operative movement was President Johnson, Dollar's, May 24. introduced into "China
shortly President Taft, Dollar', May 25,
after the May 4 movement in 1919. Ranpura, P. & O., May 31. but it was not unil 1928 that the Roseville, Bank movement received the blessings Baarbrucken, May
Spre 4. of the Government. In 1931 the Sanyo Mar, 0.6.K., May 27.
Sauerland, Jebsen's, May 23.
LB
North Wall--Defender, Decoy the Government promulgated pra- Scharnhost, Melchers June 1.
visional regulating governing Schlesien, Melchers', May 20. rural co-operation. In the fol- Belandia, Dodwell's, M Mar lowing year the Four-Province Shunko Mare, Farmers Bank was opened for the
North Arm-Medway, & 8/M..
West Wall-Sutolk. In Dock Lowestoft, Proteus..
*-Pandora,
Talkoo Dock-Olympus.. Whampoa Dock-Parthian. Cosmopolitan Dock-Perseus.
No. 7 Buoy-Calcutta
MAY 19.
June-11.
purpose of lending money
to Bank Line, May 21.
culturists. In 1934 the Co-opera-Sumatra Mar, 0.8.K., Jane: 2. tive Law was promulgated. Early Talms, B. (Ap), May 28
Maru, 0.8.K June 6. in this year & National Co-opera-Tands; 2. & A. 9.9. Co. May tive Conference was held under the Tam, Thoresen's, May 25 auspices of the National Economic Tiles, B.I. (Apear), May 23, Council
Tjibadak, J.C.J Line, May 28. It is gratifying to note at the Tingar, J.C.J. Liue, May 28.
Tjissbang, J.C.J. Lipe, Jane B. present moment that the National Tilaslak J.C.J Line, May 28, U.S.9. Sacramento left on Tues- Economic Council has decided to Tuross, J.C.J. Line, May 31. day, "
No. 13 Buoy Dainty and Diana.
take another active step in' pro- Tobs. Mary,
French Tahure left on Tuesday. moting the movement by making Toulouse, FE SI
US,8; Tulsa" 18 expected in the Colony on May 21 and will remain here for a week.`
$10,000,000 available for invest Trave, Melobaze May
ment in rural enterprises,
China United Prets (by mail).
Tricolor Dodwell's May 17 Tyndareus, BBM May 24 Tuensang, Jardino's, May":26,"
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