1935-05-18 — Page 12

$1

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers Association

BLis

Yousical

Bayern

FRIDAY. MAY 17..

Day Jus

Ballers Balan Momba

ני

Banks

3030

10000 200

$1244

salt

2334

381

$15

11.5

K

3215

H.K. Banks

Bo. (London) - Chartered Banks ... Mercantile Bks. “A”

Do

ད

Hank of East Asia. Į N. O. & S. Barks

Am. O. Fin. Corp: ;) #4

Ch. Fin Corp. Ord. 3.

*

Do. Prot. 3.

Insera.nous

Canton IneuraLİCUDA .......

Underwriters

********* $990

1695

ต

£13

380

$350

Union Insurances ***

Unina Fires

$400

#200

Hi.k. Fires......

International Assos, S.

*41

Shipping

130

Douglases***

$38+

14

Steamboats

$30

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

$33

Do.. (daf) ***.***

65/-

Shelly......

#112

Waterboats

Miming

Pets Anitamoks......

$34

Bajatcos

21 66

Baguio Gold

811

Benguet Consolidated $:0

10 c

Exploration 19 otw

10 at

Do Goldfeld

8 st

Big Wedge ..................................

7 sth.

Gold Hiver....

20e

Gold Crook

Salacot

88 ats,

30 ot.

17/3

$14

United Paracaloa ...

Mining.....

Ipo Mining:...................

Itogons

Kallas

Langkats (single) 5.

Exploration....... Shanghai Loans 5. ltauby

Venezuela Gold Fidia.

guuni mini gumvi gỗ nitumi

Last Sale

$30

Stock & Div.

May 15 May 16

$35

Adams Express

14 63

BA/

Bił

Alaska Jun

(1.00%), 17

17t

Stock & Div. Gold Dust (1.20) Goodyear

Last Sale May 15 May 16

154

154

181

19

Allis Chalmers

Int. Cement.

281.

293

Am.

Brake Shoe

Int. Hary (60)

42 437

.: +

IN CO

(80)

Int. Nick (.80)

281

201

+

Amer. Can (4)

****** 1251

126

Int. Tel. & Tel

7

77,

Johns Manville

407

511

པ་་

Kennecott (15)

197

201

7. 04.

Am. Cyanamid "B"

Krog. Gro. (1.50%)

23

23

(25dr.)

19)

194

Lebunan (2.40)

773

783

Am For. 'Pw

32

4

Liq. Carb. (1)

301

301

28 ct.

Am. For. Pwr, $7.,1st

Loew's (1) ...

391

40

Pt.

19

191

Lorill (1.20)

21

21+

Am. Locomotive

131

141

McIntyre (2)

437

442

MA

Am Metal Co.

191

201

Mont, Ward

26

274

111.80

Am. Radiator.....

141

154

Nat. Bisc. (2)

.....

251

26

*

$5

Docks, Wharven,

Godowns, stu.

H.K. & K. Wharrel.

285

$84

Do. (Ex. Rights)

Do

(Rights)}

20 clai

141 Am Smelting

44

"45+

Nat City Bk. 1)

211*

211*"

SA

Am. Sug. Ret (2)

Nat, Da. P. (120).

15

151

14.10

Am T. and T. (9)... 119)

1197

Nat, Distillers

243"

29

Am. Tob "B" (5)

861

871

Nat: Pwr. L. (.80)...

$1

81

Am. Waterworks (1) 11

114

Nat. Steel (1)

50

497

(Cam. Rights)

Am. Waterworks, 36

pret (8)

NY. Central

17

174

63+

82

N. Amer. (50c. 4%%s)

14.

131

184 19

Anaconda Copper 15+

171

Otls Elec, (80)

161

174

110

毅

1987

Hongkows

Bulidings

24.05

#35

H.K landa..........

110)

$201

Providents (old ....

Do.

(LGW)

H.K, W. Locks

S. China Moturi ⋅ A '.

Do.

오늘 하

Shangbai Docks S.

New EngineeringsS.

Lands, Hotels, and

H.K. Hotela.

Dh. 4% Debentures Buangi lande..... Metropolitan Lands

H..alties-----

Chiun

cte

Atch. T. and 8. F.

(2sd.)

Pac. Gas (1.50)

197 197

42

43+

Fac. Ling. (3).

281 29

عاء 20

Atlantic Ref (1).....

17 Atlas Corpn.

*26) 271

Packard Motors

3

41

时

101

Pennroad Corpn.

2

21

Aubur

Automobile 201

22

Penn. Rly. (1)

213

22

$0

Baltimore & Ohio... 11:

11

Phil. Petro (1).

211 224

Bendix Aviation

14)

154

Pierce Arrow

.....

Bethlehem Steel

257

27

Pub. Ser NJ. (2.80) 293

30

Boeing Airplane

"84

84

Radio Corpa.

51

Borden Co. (1:60)

24

231

Repub Steel

123

131

+CB

+36

Borg Warner (Idr.). 344

35

Rey, Tob "B" · (3)

494

49

3.00

Case

584

60

Schenley

241 241

Canadian Paclic"...

107

11#

Seara Roebuck

39

391

Caterpillar Tract

471

491

Shell Union Oil

*4.10

Ch. Nat. Bk. (1.40)... 21f*.

214*.

Simmons Co.......

81

83

$123

Do. Debeatures 3.]

C'Peake Corp. (2.50)

Soc.-Vac (80)

141

141

19)

Humphreys

19

C'Peake Corp. and 434

437

Sr. Cal. Ed. (1-50) 15

15

New Asia Hotel

35

$75

Asa Healtics“A” N.

Ohio (2.80)..... 431 432 Chrysler (id) ......

Southern Paclic

14

173

451

481

Southern Riy.

11

107

$10

Do

$00

Chinese Esta kom.........

Cotton MUL

Col. Gas & Elec..... 61 Comm. Solv. (80)... 204

.61

Stan. Brands (1)

14

15

212

Stan. Gas

4

Comm. Sthm.

11 - 1

Sta. Olt Cal.. (1)

371

38

$8.30

Ewus

15.10

189.

Bu Cottonriuld S.

Comm Sthra.

$4

Sta O NJ (1)"

4041

47

167

$42

Du

DOWS.

cum. Pf. (6)

411

$44

381

89.40

Wing On Textiles(15.)

535

Cons. Gas, NY (2)_221

Publie Utkins

Cons. Off"(28)

9

13

Tramways

Peak Trains (old) .....)

$13

Cont. "Oil (25)

211

Corn Prod (3)

$6

Ua.

(W)...

741

*80

Sur Ferries

$80

Coty The.

320

Yauunati ori

$17.10 Cwn.

Cork $2.70 P.

28.35 $8.40

18.34

Chius Lights

$9.85.

$8.10

(2.70)

..

46 464*

60

HK. Electrica

$80

Curtiss Wright

• $232

Maca dú."

16

$19

+

$110

10/3

20/0

181

$194

Caldbeck, `gjonų så

$13

Macgregora pral.)8.į

$1.80

15.-0

$2

314

Dairy Farras

1 $1.85

Amusementa

| $8.40

$1.40

146 obs.

$31

Band kan laghts

Telepuunes (ald)

(new)...

Cusun Buses De

LiQ. (pret.)...

industrials

Malabon Sagar

3.9.20 18.30

Curtiss Wright "A" Delaware & Hudson Douglas Aircraft

81

*261

Du Pont (2-602) ..... 100 East. Kodak (4) ..... Elec. Autolite Co....

1004

Canton Ico

Cements

Kopas....... ikas

Miscellaneosa

$1,80

Elec. Bond & Share Elec. Bond $5 PT (5) 49) Elec. Rond $8 PI (6) 53 Elec. Power & Light

Fox Film "A" ******** Gen Elec. (60)...... 251

224 61

21

111

Gen. Foods (1.80)

35)

$14

::

Gen. Motors (14)

32, 331

$2

www

331

$2

$1.35

DTML.

DIEM.

Ch. Etainment...... $5

Constructions, (old)]$1.30

Do.

(new) 30 ct.

Lane Crawfords........

Mackintosha........ Nanyang Tobuco....

Sinceres........ Warsuna

70 ota. Wm. Powells

M. Greyhounds.....

S. C. Enterprises

9. Ch.0,5/19254.9Bdm. 99%

H.K. Gort, 4% Gonna

Do

Wallace Harper......]

3166 HK, Wing On

乃

Bhai

MR. ROOSEVELT

CRITICISED

Do.

Vibro Pileng...

(Spe«la) Air Mail Service?.

London, April 30,

ingly

significant pointer of all.

Куед in personal matters criticism of the President is grow. ing.

Every year since his election Mr. Roosevelt has spent part of his b The tide of opposition to Mr.liday fishing on board Mr. Vincent Roosevelt "soams to be rising steadily.

There are signs in abundance that the credit of avon the most popularly acclaimed ad- ministration must decline.

The growing popularity of Sens tor Huey Long is one.

stor's 1,300-ton yacht Nourmahal.

This year his form of holiday: has exposed him to criticism a the of his Press and among some Democratio party followers...

that this old-style millionaire's The opinion has been expressed! The fact holiday was unlikely to be popular. that Father Coughlin, the radio with the more Hadical supporters priest, "has now supplanted the President the moct popular of the New Deal. broadonster 13 the States is other.

That the Government takes the views of both these critics increa+

The intellectuals in particular have given vent to their" dis- appointment that the President should prefer .... the company ol "socialites" on his holidays.

Wheat; July Corp: July

General Motors

Int. Tel. and Tel. Loew's Inc.

"Montgomery W

Gen. Rly. Big (1)... 23

Gillette Safi (1)

Glidden Co. (1)

·151. 28

• ***** *** E F#78888

221

647 64

231 341 351

Ꭶ.

51

(1.40)

603

59

Un. Pac, Rlys. (8)... $6

971

HONG KONG DAILY PRESS, SATURDAY, MAY 18, 1935.

NEW YORK STOCK EXCHANGE

New York: May 17:

(Huróngh Renier's Agency]

QUOTATIONS

New York/Londoa Cross-rate New York Cotton-July New York Rubber-July Chicago Wheat July Chicago Corn -July Montreal Silver Silver-Oficial

Laat Today's High Low Close Close 4.89 8 487 4.885 1.9 12:5 11.9 1.00 12.47 1.39 12.31 1243

すか

Change

11 up Weak .09 up

Iz up

RUP

"

Dec.

834 81 8 23. -7-190 76.90 80 80 - 79,856

70 71

3 up

.96 off

¿ off

5

Dow Jones Averages High-1933/34 Low: May. 15. May, 16 Change

20

ed

3210

10 Industrials

11481

54.56 114.81

100

cd

$338

20

Railt Utilition

3496

*7.11 3.7

31.03

14.39 19.18

od 1400

40 Bonds

$7.17

$183

11 Commodity index

85.25

84.73 95.15 41.98 59.02

Am. Coram, Alcohol

(25)

Congo-Nairn (1.60)

118.58 17 up 39.00 42 up 1.36 I up 99.32 .33 up 52.-3

Ster. Pro. (2.80) Studebaker Corpo Texas G. Sulp (2) Transamerica '(1,12}) Va. Car. and Carb

93.UP

SINO-JAPANESE RELATIONS

Tariff Hint

(From Our Special Correspondent)

Canton, May 18..

Owing to the improvement in Sino-Japanese relations, the Na¤¬ king Government is stated to have hinted to Japan that the forth- coming new tariff will not affect Japanese goods and may be alightly more favourable than the existing rates in force since July 1, 1934.

The present tarif is a conces~ ston to Japan following represen- tations by Tokyo because the rates an her exports duch as sugar, sea delicacies, textile goods, paper and coal are lower than before. Tho projected change may bring about further reduction in favour of exports from Japan.

Other fareign, goods La China will be. however, subject to a higher import tariff ds a means to increase revenue. whereas export duties are likely to be lowered with a view to protecting and encouraging domestic Indus- tries. Certain import duties and excises will be abolished

Enforcement of this new tariff, It is reported, will take place some time in July. Strict secrecy is kept as to the scale of increase.

Meanwhile, the Nanking Goverri - ment and Japan, are still negotist- ing for the terms of co-operation. Mr. Wang Ching-Wel, the Chinese Foreign Minister may not ro to Japan, as his visit is not consi- dered important.

Cash Loan Question The delay in forming definite proposals is due to the reluctance of the Japanese Government to Krant a cash loan to China. Nanking is not enthusiastic of a Japanese offer of a goods loan but needs hard cash to replenish the silver märkets following heavy buying of ilver by the United States..

Moreover. Major-General Kenji Dolhare, the "Lawrence" of Man- churia, has advised the Japanese Government to proceed cautiously with this country, as in his trip to South China he was not sure that anti-Japanese sentiment has subsided.

Apart from the terms of Sinu- Japanese co-operation, Tokyo hás # complete grasp of the present political and economic conditions 12 China through the

recent Shunghat conference of Japanese consuls general from different parts of the country. Each consul reported on the conditions on his consular district and suggested ways and means of improving Japaness trade.

Ad

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.

merican. Asia Life Bldg.

Oriental Finance Corporation

14, Queen's Rd., C

MEMBERS,

Hong Kong

S E. Levy & Co.

7, TOR HOUSE STREET INVESTMENT BANKERS BROKERS

NEW YORK CUTTON EXCHANGE

COMMODITY EXCHANGE, INC. S.T.

CHICAGO BOARD OF TRADY

CANADIAN COMMODITY ELOHAN -R, ING

CORRESPONDENTS EM

WHITE, WILD & CO., NEW YORK

ANCHOR LINE

14

Cunard Company's Opposition

Special (Air Mail Service)

Tel. 26631

Commodities Prices

(Through Renter's Agency)

New York, May 16. NEW YORK COTTON

Closing Opening Closing 11.90 -11.81/81 11.88/88 11.94 11.89/89 11.94/96 October 11.83 11.81/80 11.86/87 December 11.89 11.87/85 11.91/91 January 11.04 11.89/89 11.06/95

May July

(1936)

March

Glasgow, April 30, There was an unexpected de- velopment at to-day's meetings of shareholders and creditors of, the Anchor Line (Henderson Bros). Spot Ltd. "The meetings were called to pass a resolution placing the com- May pany

in voluntary Hquidation In July view of the proposed sale of the Sept.

neet to a new concern.

It was disclosed by the vice-

Cowan

11.87 11.34/94 12.02/02 1235

12.35 NEW YORK RUBBER

12.19 12.268735A 12.33/33 12.31A 12.40/40 12.43 12.53/54.

12.43/43 12.53#/554 13.48 12.834 12.60/60

Oct,

A new tariff favourable to Japan will further increase her exports

Dec.

12.62 12.74/74

12.76/76

Un. Aircraft Corp... 13

13

Un Air Line Trans...

67

United Corpn.

27

27

Uni, Gas Impr. (1.20), 134

13+

Univ. Leaf Tob, (2) 57

UB. Pipe Fdry. (50)

57

U.S. Rubber

124

13}

RAW RUBBER

US. Rub. $8.. 1st Pf. U.S. Steel

32

34

327.

341

U.8. Steel $7 Pf. (2) Vanddium

12

Vick Chem (2.40%)... Warner Bros. Picts.

134 3511 361

37

31

West. Union Tel.... West Air Brake (1) 22

221

West E. & M. (55).. 401

49

rubber.

Wilcox Oil and Gas

W

Spot...

Woolworths (2.46).

June

591

60

Call Money.......

Jaly/Sept.

10%

榴

$31

201 cts. up

21 cts up

221 .cts. 'upi

Market.Steady.

100

• Bid

1 ex. div.

3 possible mutilation

58

13)

155 stu

$1.38

世

100.

100

$31

Last

May 17

Close Open 10.20 10.40

seriously is the

точ

Sterling, New York-London Cotton: July

4894

11.96

4901 4901 11.99*11,97

11.00 4301 11.98

Cottan: October

11.87

11.89 11.87 11.88

Rubber: July

12.43

Rubber: September

12.55

947 33

12.50 12.45 · 12.45 12.60 12.57 12.68

031 931

.821 821

Winnipeg Wwheat: July

88

STOCKS

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

454 221

45 454 451

23

447

1229

1004

EL Bond and Share

73

33+

334 331331

77 82 B

81

401

40* 401 40

40%

274

#273 271

National Distillers New York Central

25

25% 254 251

251

271

171 17 17

-“Standard Oll Co. of N.J.

UA. Steel

47 461

34)

NEW

YORK COMMODITY

STOCK AND

w

QUOTATIONS

(Through Reuter's Agency)

114

100 1001 100 1002

78 71 ዝነ

341" 341

Latest Singapore Prices

BENJAMIN & POTTS Messrs. Benjamin and Potts have received the following Straits cur-

rency

quotations (buyers) fram

for.. raw

Singapore yesterday

Oct.7Dec.

Վ

20. cis. up i

B. B. JOSEPH & CO.

Messra, H. B. Joseph and Co., re-

ceived the following Straits Cur- rency quotations from Singapore for Raw Rubber.

Spot July/Sept.

Shanghai, May 1

Mr. Cowan Douglas, the vice- chairman, read a statement on the position of the affairs of the com- pany, and pointed out that the ilabilities од December last

amounted to over £2,000,000. He explained the negotiations for the sale to the new company which is to be managed by Messrs. Runci- man (London), Limited.

It was clear, he added, that shareholders, could not expect to

May July Sept. Wednesday's sales: 14.865,000

bushels CHICAGO CORN

874 881 881

May

88 881 July

811 811 821 83 Sept. 751 757 761 - 771 773 Wednesday's sales: 5,063,000 bushels

May July

"

WINNIPEG WHEAT

881 801 361 871 871 873 87% 87% 880 881 NEW YORK SUGAR ·

No. 1; No. 3 No. 1 No. 3 Con. Con... Con. Con.

ung.

receive anything, while a large May 2.48 2.44 2.48A proportion of the sums due to July 2.47 2.45 2.488/48 2:443/48 creditors would be unsatisfied,

Sept. 2.54 2.51 2.55/55 2.51/51 Dec One Dissentient

2.82 2.57 2.828/64 2.56/57A The meeting was then adjourned Jan. 246 2.39 ung. 2,38/39A until later in the day in the hope Total sales: No. 1 Con.: 1,000 tons,

(1936) of

-the overcoming

difficulties

No. 3 Con.: 5,000 tons. which had arisen. After, further

NEW YORK SILK adjournments the resolution was May 1.354 1.36 137 put to the meeting and on a show July 1.344 1.364 1.38 1.37 1.38 1.384 1.39

"

of hands was passed with only one dissentient, the Cunard Company Total sales: 146 lots

Sept. 1.34:136 1.35 1.36) 1.27

MONTRÉAL SILVER

77.159 77.408 77.10/80 78.15 78.20/75 78.00/10r 78.851 78.90/79.45 78.657 Dec. 20.60 79.80/81.00 79558 Total sales: 39 contracts

"NEW YORK' METALS

May 13 May 16

1.64 88.70 49.00

Copper, January... '7.58 Tin, January

Company. **

A plot të starí a revolt in Kuang-] in a prospectus as vendors without tung has just been uneatbed and previous consultation with the several leaders of the reactionary: shareholders of the former com- party have been arrested. The re- I pany, together with the implica- actionary party is known as the tion that these companies are to longer the property of the Anchur Tatung National Salvation Army receive a share in the proceeds ut and has been formed by Chu the sale, creates the risks of some Chao-wen, Yuan Tal, and Teat legal action against the companies Teng-hul They planned to smug- or their directors. · gle firearms and ammunition re- We ought to have been co "quired for the revolt from Macao sulted before the terms of the to the Chungshan District which prospectus or the terms of the they intended to use as a bake of agreement for sale were printed. operations. One of the party's Consultation would have altered members, however, recently surthe form of both, and in regard to rendered to the Canton authori- the latter, would have prevented tics, resulting in the discovery of the Vendors from including in the the plot and the arrest ofta agreement for sale such things a leaders, according to the Chinese the rights to the Anchor Line ag press.

in the Calcutta trade which is no · pointed,

"If the Union Bank will give me Cunard Company in undertaking to indemnify the Cunard and An cher companies and all their direc tors of whatever date against the consequence of any legal action the Cunard Company is prepared to Instruct its representatives to abstain from voting."

It was stated at the meeting that in view of this devel went the matter would be taken to the Courts, to have ... aliquídá:

Douglas. Jan. to China, Japanese factories are chairman, Mr. turning out goods specially to that the resolution was being op- Total meet the needs of Chinese con posed by the Cunard Steamship sumers,

low Company, who held all the Ordi- while prices are

nary shares of Ancher Line and enough within the means of all

had the controlling vote.

12.09 12.82/83

12.86/85

sales:

394 lots CHICAGO WHEAT

DIF 911 911

921 927

921

931

924 92% 93% 94 037 937 941 047

51

81

ti

Buyers 101 up

Sellers' 201

21 up

214

Oct./Dec.

224 up ↑

221

Jan./Mar. Market-Firm.

· 231 up ź

234

KUANGTUNG REVOLT NIPPED IN BUD

whose representative demanded a poll. This resulted in a big ma- jority against the resolution.

At the creditors' meeting later the following telegram from the Canard company was read:"2.

"In our view the incinson of the Anchor Line and Cunard Company

May

July

Sept