1935-05-17 — Page 12

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Bajera

**

!!!!! £.2

74.05

$6.35 18.46

Exchange

Sharebrokers

Bank of East Asia...

N. U. & S. Backs ...

Am. O. Fin, Corp!

Ca.Fin.Corp. Urd. 8.

10. Pref. 8. Insuranom

Association

$80

THURSDAY,

A

Yomimai

Ester

Bayers

Balen

MAY 10..

„Bankı".

$

$1,000

H&K Backs

£12411

Zo. (London)

$1,000

147

Chartered Banks .......

311

Marcantile Bikes. “A*

£13

Do.

M

391

#15

14"

સામ

Unutou usarsuose..

Underwritera

$1

$300

Union Insurances ***

1400

China Fires.

$200

H.K. Firessavaje

ed 3215 90 81.

$355 cd $+00 #185

341

International Axico, 8.)

Shipping

$39

Donginsea) $384

14

Steamboats

130

Indos (pref)...................

133

Do. (dol.

851-

Shell

$30 $35 60/

Waterbost

Mining

58 ots

Amtamoke

|67|ola.]

$34

$11

1 ets. Baguio Gold

to J

10 at»,]:

Benguet Consolidated $:0

Exploration 12 cts.

8 ots Big Goldfeld ...

(30 ̋ote

Wedge

Gold River...........

Gold Crock.

United Paracalos...

84 ot

23 ota

112 cts

Salaces Mining...... 11 ct..

186 ota,

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

30 eta

togoo****

17/2

Kailas

$14

H

Langiats (single). $11.80

Explorationsana De

Saaaghat Loans d.

Ruby

Venozuela Gold Fida.

Docks, WharÝNI,

Godowns, ata..

H.K. & K, Wharves.

(Cum. Rights){

185

$54

Do (Ex High tel

29

Do

(Right)

95"ots

Providents (old ...

20 cis.)

Du.

04

H.K. & W. Docks

$110

18"

S. China Maturı * A*

Du

Shanghai Docks S.

New Engineeringsd.

1267|| Hongkewa

.......

Lands, Hotels, and

Buildingi

H.A. Landa ...........8.

Metropolitan Lands..

1.4.

Chuan Dua. USA|

Humphreys

New Asia Hotel

lee,

HONG KONG DAILY PRESS, FRIDAY, MAY 17, 1935.

PHILATELY AND THE

JUBILEE

Special Stamps

Exhibitions

(Special Air Mail Service)

of

And

THE CUNARD COMPANY

Sir P. Bates On The Balance-Sheet

(Special Air Mall Service)

London, April 30:

the

"To-day no one can say whether our balance-sheet is sound in real truth or not. Our auditors can

and very not; though they can, correctly do, comment as the law requires.

At the annual meeting of the Canard Steamship Co. Sir Percy Bates," the chairman, referred to. the effect ou the company's finances London, April 30. Philatelic Society is on view in of the merger of its Atlantic Philatelists will not lack sou- the Municipal Art Galleries and interests with those of the White venirs of the King's Silver Jubi-Mid-Kent philatelists, have also Star Co. The meeting was

For some time to come they arranged a special, Jubilee stamp arst since the merger became will be fully occupied in adding to display in the public library of operative. Sir Percy said:

the county town, and an exhibit their collections the special Jubi- lee issues which are being "pro-

Georgian postage stamps of Great Britain only may be seen duced by the post offices of the Empire-numbering upwards of at the Hampstead Public Library 200 distinct varieties. Long after during the Jubilee celebrations. the memory of Jubilee week has faded these colourful · scraps · oid paper will survice as mementoes of the occasion. Together they constitute the most ambitious series of lasues associated with a historical event since the adhesive postage-stamp was invented 95 years ago.

PROPAGANDA BY STAMPS

...

we have

"In the one direction there is a presumption of unsoundness, as An Interesting example of the our subsidiary company. Cunard- use of a postage stamp for pro- White Star Ltd. lost money paganda is afforded by the ap- heavily last year, and

provision for a year's pearance of a new French stamp made no of 11, 50c. denomination, bearing depreciation on the balance-sheet a finely engraved vignette of the figure for our shares. Further, it Atlantic liner Normandie and in-is certain that for this current year also we can expect no return. tended to commeincrate her It would have been singularly appropriate had it been possible maiden voyage. Both Japan and from the Atlantic

"On the other hand, the loss last Manchukuo have issued stamps year was exceptional. For eight for the Silver Jubilee stamps to be

commemorative of the visit of the months two parent companies were released to the public on May 6, the anniversary of the Penny Emperor of Manchukuo to Tokyo operating independently while an last month; The Japanese agreement existed that their stamps. in four denominations. results should be for the account depict alternately the battleship of a third, the merger company. Hiel, of the Japanese Navy, in This is a far from ideal position travelled in which to contend with bad

trading conditions For the cur rent year I do not think I am wrong in mentioning that to-day's Estimates how a very different expectation."

Guide to the Fature Submitting the annual report, Sir Perey said their Anchor Line interests had been written

off, their Calcutta interests-T. and J. Brocklebank-while paying no ordinary dividend, had taken care of their own troubles.

Black, but as it is a Bank Holiday they will not be obtainable at post offices in Great Britain until 17 the morning of May T. Those of the various Crown Colonies will be distributed to collectors through the new-isste services on or about May 8, while the Jubilee stamps of the Dominions will follow, as fast as the mails can bring them.

14.20

$9

196 ata 20 cta 771

$110

'4

***

$4

#351 $100

+

$4.10

10 #35

14

ADVANCE ORDERS

Many people who have not pre- vlously collected stamps will doubtless be tempted to acquire these attractive and convenient souvenirs for themselves or for 'their children, and for this pur- pose special albums are being published in which. they may be preserved. Stamp dealers are al- ready inundated with advance orders for the complete series, costing something less than £5, and it is not unreasonable to sup- pose that in years to come the amount thus invested may yield a fair dividend,

The Royal Philatelic. Society London, is celebrating the Jubilee of its Royal patron by holding an exhibition of rare and curious stamps at its premises in Devon shire Place from May 6 to 11 in- clusive. It will be open to members End their guests invitation

which

the

Emperor

from Dairen to Yokohama, and a view of the Akasaka Palace, his temporary residence; the Man-: chukuo issue ilustrates respecti- vely a pair of soaring phoenixes of

to

symbolize the exchange courtesies between the two na- tions, and a picture of Mount Fuji in conjunction with the or- chid emblem of Manchukuo.

Ceylon is about to fall into line with the order British Colonies by Introducing pictorial designs for her postage-stamps in place of the more stereotyped King's head pattern hitherto in use. The new stamps, depicting local scenes and industries, have been printed in London by the topper-plate process, their values, colours, and subjects

'ና

Cunard-White Star Ltd., their biggest subsidiary, had not been able to complete its accounts.

He did not like attempting to use this year's profit and loss account as a guide to the future, but if he had to take a look at the balance of next year's profit and loss account be would hazard the view that it would not be very, different, say about £80,000 to £90,000 credit.

concern.

Atlantic Traffic

being as follows:-2, red and black (tapping rubber); 3c., green and black (view of

That view included no dividend Adam's Peak), &c. light blue and from the Atlantic, which was, and black (Colombo Harbour); always would be, their principal | orange and olive-green (plucking

tea);

black 10c.. purple and (Paddy Hill rice); 150, green and

A whole two-thirds of their brown (river scene); 20c., blue business, a figure greater than and black (cocount palms): 25c their fixed capital of £8,000,000, blue and black (Temple of the was engaged on a direct line of Tooth, Kandy); 30c, purple mad-traffic between the largest two only, but the society are eager to der and green (apcient irrigation communities of English-speaking allow any person seriously in- | tank); 50c, insure and black people in the world. terested in stamp collecting the opportunity of enjoying the ex- hibition, held in honour of the occasion on $17.10 May 8.

il.K. Hotels

$35

5163 {

tu. 4% Debenturas

$104

$1

942

$7

સેમેસ્ટ

Do. Debenturead.

$75

"Asia Healtic "A".

10

Do.

"B" s

500

Chincas Estater......

Cotton Mill

$9.30

2433

$8.10

Suat Cottowgli S.

207

$12

D

*41

28

Jasad Bugs a

205

Wing Un Fustilos(Si)

$0.40

Public Utilities

$35

13

CarWayndaça

113

Funk fens told).-.]

$5

Dv. (now)...

*80

Star Ferries

54 $80

$20

Yau Ferri06. ***

China Lights

$8.85

584

80/80

H.K. Bioceries .....

$60

$23+

Macau do,

10

Sandakan Lighla

319

3192

$114

10/3

20/0

170.

Malabou Sugart

10+

Cakbeck, (or) d

#13

Mucgregori}(próf.18.

11.80

"Canton Iv

$1.30

Dements

Ropes

Liscellaneome

#14

Dairy Farms

$1.86

Amusements ***** *

$6.40

Ch. E'tainment.... 76

31.40

Constructions, (old) $1.30

40 utt.)

Lane Crawfords...

#

#B

331

4

144

pre

b

Telephones. (old)

U (ROW)

Quins Buses ...****

(pret).

Industrialg

Do, 10W) 3) cts.

Mackintosh sel Nanyang Tobacco... Sinceres

70 ota. W Powells....

12

M.Greyhounds...

$1.36 3. C. Enterprison ... 937, UL.G. 5,19260,Bds. H.E. Gort 4% Loans

Do, 31% Wallace Harper... $106 ELK. Wing Us

Bhai Do Vibra Pilenger-ai),

$5

DESPERATE PLIGHT OF

U. S. UNEMPLOYED

Springfield, May, 15.

19.90

$8.90

1556 čt

81.31

6%,

3:05.

795

'ESSENTIALLY. DOMESTIC

London, May 15. The First Lord of Admiralty For the fourth time the linols stated in the House of Commons House of Representatives falled to that as the Jubilee celebrations Dass the 3 per cent. Sales Tax de-are essentially domestic in char- manded by the Governor to pro-

acter no foreign nations have vidė funds for the State to qualify. for Federal relief grants,

been invited to send ships to re- present them at the Naval Review a Spithead in July.

It was also announced that 291

In the meantime, with 200,000 unemployed and their familles cut off from relief, the alluation is be- coming worse and is nearing the officers of the Royal Nayat Re-

danger line."

Some 2,000 unemployed demon-serve and the Royal Volunteer strated at a mass meeting, in Chicago, while crowds of excited spectators jammed the galleries of the State Legislature at Spring $field.

Reuter.

Reserve had volunteered to take part in the review and pensioner ratings will also be invited to take part Participation in all will be entirely voluntary. "British". Wirdess.

cases

A dinner is also to be

A public exhibition of postage stamps of the King's reign or ganized by the Brighton and Hove

MUSSOLINI'S SPEECH

On The Abyssinian Dispute

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

Paris, May 15.. Mussool's speech on Tuesday produced a great sensation in political circles here but in the absence of Laval no official com- ment has yet been made by rea- ponsible quarters."

The Temps", which is known to be in close touch with the Govern- ment, however, confirms the Duce's. denial that any steps are being contemplated by France and Great Britain in connection with the Abyssinian dispute, adding that it is a task for the League of Nations to assume the role of me- diator in cases of this kind and II: does so it will be in a manner avoiding all complications.

(wild elephants); and 15. violet and brown (view of Trincomalee). A new 84. stamp for the Bahamas shows & seascape with a flagstan and lightouse in the background and a flight of flamingoes on the right, with the King's head inset on the left.

NARROW ESCAPES OF AIRMEN

*il

Brave Act By Taylor

Bydney, May 15. Sir Charles Kingsford-Smith and his two companions, who had nar- Tow escapes from drowning while fying across the Tasman Sea and had to jettison their cargo and mail, owe their safety to a daring act by Taylor, the navigator of the plane.

"The actions and reactions of these two communities." Sir Percy continued, "largely comprise our business, and unless they can arrive at a common denominator for their intercourse our future must be difficult. At the moment both sides of the Atlantic give a surface idea of uncertainty, but. below the surface there are signs of increased mutual understand- ing

"I think each side knows that it ia in a ditch, but both sides are beginning to think about climbing out undeterred by any fear "that they may fall into another one. Neither side can teach the other by argument. Each side will pay for its own education, but the time is coming when a man on either side might lead both by example and i perhaps lead the world, too, as an incident."

Night Quotations

of New York Stocks and Commodities

Our offices are

upan from 10 p.m. votil midnight,

every night except Sundays and New

York holidays

The opening quotations of a selected list of New York Stocks and of Commoliției will be recaivot in our offices at

approximately 10-minute intervals:

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

Advibes of executions on orders placed during the night sanxious are received within the half-hour."

American Oriental Finance Corporation

$5

Asja Life Bldg.

MEMAKSI.

Falera! Ino, D.S.A. Hong Kong,

S E. Levy & Co.

7. IOE HOUSE, STIKË

INTERIMIEN BANKERS + BROKERS

NEW YORK COTTON. EXCHANG 4

COMMODITT EXOXANOR, INO) N.Y.

*

CHICAGO BOARD OF TRÅDE,

CANADIAN COMMODITY EXCHANGE, INO

CORRESPONDENTS 204

WHITE, WELD & co., W. YORK

*NEW YORK COMMODITY

Tel. 26631-

AND

STOCK QUOTATIONS

(Through Reuter's Agency)

Sterling, New York-London Cotton: July Cotton: October Rubber: July Rubber: September

Wheat: July

Corn July

Last

May 16 Close Open 10:20 10:40, 11.00 487

12.54 12.55 12.55

927

-93

82 821

488 488 4881

11.04

11.94 11.92

11.92

11.83

11.82 11.80

11.80

17.31

12.40: 12,43 12.43

12.43

$21

81

Winnipeg Wwheat: July

871

874

STOCKS

American Smelting Consolidated gas of N.Y.

44

444

45

45

45%

224

23

23

100

1004 100

100+

BE

豔

32

32 32} 921

321

74

394

391

28

261 261 261- 257

241

-241 241 241 241

17-

174171 17 171

464 32}

337

461 33.

481

401 33 331

Du Pont

E. Bond and Share General Motors

- Int. Tel, and Tél Loew's Inc. ..... Montgomery W. National Distillers New York Central ..... Standard Oil Co. of NJ. Os. Steel ********

Commodities Prices

(Through Router's Agency;

New York, May 15. NEW TOEK COTTON

Closing Opening Closing 11.78:11.85/85-11.90/90 11.80 11,00/91 11.83/94. 1178 11,79/79 · 11,83/83

378 E

391 391 391

REICHSTAG SPEECH

BROADCAST

(Special to" the "Hong Kong Daily Pres"}," (By Zelagraph, ~ Copyright, Falar To put the future in short, said

graphic Messages Ordinanca," - 1894- Sir Percy, the Cunard Company

Beceived, May 16, 7.30 p.m.) could not prosper until prosperity May

Berlin, May 16. returned to the Atlantic

The July

Preparations for enabling every Atlantic could not prosper until

German throughout the Reich to: October the world did. He doubted, whether in the old sense and to the December 11.84 11.84/94 11.89/89 bear the Chancellor's speech at January 11.88 11.80/90 11.91/94 the Reichstag next Tuesday are old degree prosperity, could return to the world until the world again

(1936)

being actively carried on In the thehad

11.93 11.83/92 11.97/87 capital, immense loud speakers will acknowledged and March authorised medium of intemational Spot

12.30

12.35

be placed in all important squares exchange.

and trafic centres while restau NEW YORK RUBBER

rants as well as other establish- 12.204 12.278/388 12.19/19ments and firms which are obliged 12.28 · 12.42/44 -- 12.288/314 to continue working will have to ∙12.41 - 12.55755 . 1241/43 procure Loudspeakers for the

12:48 12.808/65A 12.48/48 "community listening."-- 12.03 12.78/76|12.62/62 Transocean Asia, Min 13.70 12.34/85 -12.60/60 sales: 340 lots

CHICAGO WHEAT.

When in dire straits, Taylor ellmbed on the struts of plane, carrying a thermos flask in a handbag, and obtained all from the dud centre engine, with which he revived the sick motor.

.som

There was a universal war to day and the weapons were not

May

It was this brave act which envies, armies or aeroplanes, but July Abied the Southern Cross to reach rencies. Each change in a tariff, Oct.

tariffs, quotas and shifting cur-] Sept..

the Mascot aerodrome.

s quota, or a currency was nothing Dec ̧ Keuter,

other than shostile move.

MEMEL DIET

(Special to the "Hong Kong Daly Press" (Copyright),)

Memel, May 14. ́.

say, is much too experienced not to

· Mussolini," the paper goes on to understand that such complica tions would place Italy at a dis advantage in Europe for a con- In the elections for Memel Diet diderable time and that Italy's which have been dzed by the security in Europe weighs out all Lithuanian Governing Commission other considerations.

for Beptember 20 this year the Thay were fully approved by prising agriculture, Memel, nation- The measures already taken by | German parties in the Diet com-

Temps which declared that al, Social Democrat and labour France, which is co-operating with parties have decided to form a Italy in full confidence in the or common front. These parties will ganisation of peace, could not make therefore be represented in the any complaint owing to these forthcoming elections by a single

roting list Transocean Kuo iin.

Transocean Zuo Min:

measures.

W

Return to Gold

Jan. Def Total

MAY

902 001 00192 921 917 91 92 921 021 May

NEW YORK SUGAR

No. 1 No. 3 No. 1 No. Con. Con Con Com 2.48% 2.46 2.408504

While there was no universal medium of international. szehange that was sathorised, there was still", one that was acknowledged, name-4 July ly, gold, and the proof of that Sept. was the hoarding of gold which Tuesday's sales: 21,070,000 bushels Sept 251 258 2.658/576 2.528/536

927924 924 83 831 July 249 247 2410/49A, 1458/47A

was so very prevalent. The only - CHICAGO CORN Dec 264 2.59 2.625/644 2.55/58 thing which would stop it was to May

57451 011 874 Jan 2.48 2.42 unquoted 2.41/41 return to a gold standard on some July 801 801 804 80% 81 (1936) basis or other

Ashareholder said that Bir Tuesday's pales: 7,033,000 bushels

Sept

_7575 75-15 751 Total sales: No, 1 Com: 1,000 tons, Perry had stated that the merger

No. 3 Con: 8,000 tons, anda WINNIPEG WHEATE with the White Star had resulted

NEW YORK SILE so far in substantial lost. Did May 864 881 861 801 861 May 1344 1.34 1.84 134 1354. May they made such very bad that mean that as recently as last July 871, 871 811 871_871 July 134 1338 1334 134 134.

Bept. 1.33 1321 132† 183–134 bargain that they were already.

Total sales: 114 lots beginning to shoulder some of the

MONTREAL SILVER losses that really belonged to the

475.50 White Star 1

Sir Percy replied that merger company had become ponsible for the workings of two companies./

The annual report was adopted Sir Percy, anked if it had been decided to build sister ship to May the Queen Mary said that that July 76.20 was for the Cunard White Star to SeptDS docide and not for the Board be Dec 78.00% fore them at that meeting. -

Total sales:

70 50 77.524

8010178.15/155 18.00249707147852 $79.25508020/50: 143 Contracts