12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Bašan Balen Namutual
Shareprokers"
Association
„THURSDAY,
Hayors
Beijers
MAY 30.
Banks
1. Banks
*$1,012
*14
31
213
26
ردو
"A"
20. (London) ... Chartered danka ...
Mercantile B
Du.
Bank of East Asin... N. U. & S. Backs A. V. ein.Corp: B [Cn. Fin Corp UNI. 3.
Do. Fret. 3. Insurance
Canton Insurances..........
Underwriters'
China Fires
Sheild 44
$1,000)
1:
£14 £31)
180
$30
$200
1*2+
[90 gra
$203 10 ct.
ww
Uaus LusuTANCES ..........
$335
1 div. 1382
$200
H.K. Firus....
International Assoe. S.
$389 $185
Shipping
Douglases
$384
$4
Steamboat
$30
indos, pref.)
¥33
Do.
(det.)
$35 71-
Waterbot
*
Mining
os ats
Autataoke .....
83 clo,
$34
Balatcoa
21 et
Baguio Goli
$11
Exploration
a eta
g
Wedge
7 CCM
2 ts
582
17/0
$14
14)
10 ct
Benguet Consolidated
Do
Do. Goldfield
dold Creek...........
United Paracalos .....
19. Salaopt Mining......
18s cupo Mining..........
30 ots
15
gun Kailaua
Langkala (angle), Explorations...... S. Shanghai Loans S.
Venezuela Gold flds. Docka, Wharves, Godowns, etc.
8. K. & K. Wharto
(Cum. Rights) Do (Ex. Bignos);
(Rights) Do
Providente (old)
.. Do. (new)....
S. Cains Motors' A'
***
11 eta.
19 ca
$:0
3.
39 otu
Il ct.
17/ $117
35
$30
$3
125 ota
}
20 ct.
$81
54
70 ca.
20 cia,
H.R. & W. Jocks
Do.
**13"
$710
Shanghai Decks S.
25
New Engineering8. |
14
ادار
1267) Mengkew.
........
fands, Hotels, and
Building
14 4301
H.K. Hotels-ġ
34
H.K Lands..
S.} 330a
$100
Do. 4% Debenturea | 3:00
$201
Shanghai Lands...
$10
Metropolitan Lands..
+
H.K. iesitiesrov
China Do
Do. DebentureaS.|
Tramwaya
ww
$110
$87 341 $9.40 135
$11.80
11 23
18
Now Asta Hotel
Humphreys ......
371
$35
Asia Restlice "A".
...Do. "B" S.
.490
Chincan Estate...
Cotton Mi
$3.30
Ewos
...
18.10
179
S'ust Cottuda.vlúj
343
Uu. (200
381
Zoong Slugs ***
400
Wing On Textiles(D.}
Public Utilities
**
Peak Trains fold)....!
$3
Do.
(new)...
34
*77
Star Ferries
$20
Yauuu d'erries
"176 317
$0.06
**
Chins Lightụ sana.
38
H.K. Electrica
167
$23
Macao do
Sandakan Lights.....
$10.10
419
Telephones (oldy .....
18
(now)
Chias Buses D.
10/0
Tractions
23/6
Do. (pref.)........
18j
Malibon Sugars
$101
Caldbeck, (ord) ~.
$13
Mwogregors fipref.jd.
$1.80
Canton Ives i
+1.80
$6
12
Hope
312
12
$130
Industria
Comenta
MiscellaneoMA
Dairy Farme
Amusementa
$1.86
$8.40
Ch. Meainment
$1.40
145 ot
Constructions, (old)
Do.
13 Lane Crawforda....
Mackintosha..............
Sanyang Tobacco...
Bu
...
ફક
Sincere
331
Warsons P***
7 cts. Win.
$2
31.35
92
220
Dreit,
prem.
-
$100
+++
Powell.....
M. Greyhounds
5. C. Enterprises
Uh.0.0/19254 Bda. 95%
H.K. Gort. 4% Losun 51%
Do.
Wallace Harper............. H.K. Wing Un Shai Do
Vibro Pileng....
CANTON HANKOW
RAILWAY
Canton, May 18. The train service on the Lok- the chong-Locblatu portion of Shiuchow-Chuchow section of the Canton-Hankow Railway, on "the Kwangtung-Hunan border, will be put into operation at the end of this month, it is learnt.
Mr. Liu Hung-hsun, Managing- Director in charge of the section, arrived here yesterday from Hunan to negotiate with officials of the Canton-Shluchow, section concerning the operation. through service. Kuo Min
of
26 cts.
$2
$8
53
35 otx:
$1.35
*
ex div. 199 ex dir. $83.
NEW SPEED RECORD
Set Up By Normandie
London, May 14, The Normandie, France's giant new Atlantic liner, has set up a new speed record.
HONG KONG DAILY PRESS. FRIDAY, MAY 31, 1935.
IMPASSIONED APPEAL
TO NATION
General Johnson Stresses N.R.A. Benefits
Washington, May 30. Geeneral Hugh Johnson, former head of the now defunct NRA, than Impassioned speech to the ñation in a country-wide wireless hook-up, warned that the wake of destruction of the NR.A. Code's "decent living standards for lab- our are running out like sand in an hour glass." He pleaded Americans to communicate Congress the "demand that every- thing left by the Court's decision be saved."
to
to
He said that the gains under the N.R.A., were lost through "one explosive thunder from the Court. Price slashing in every direction has begun. Many beautiful ges- tures have been made, The Cham ~. ber of Commerce and Manufac- turers Association had appealed to all industry to live up to code standard's voluntarily and it is a commendably sincere thought."
He added. however, that this utterly impossible because a selfish ten per cent. can always kill wages of a high-minded ninety per cent. people.
General
THE CENTRAL UNIVERSITY
Reforms Ordered
(Special to the “Hong Kong Daily Press" (Copyright).)
D.
Naning. May 20. The following reforms aimed at Improving the administration and The President pointed to a batchstanding of the National Central o: resoludons on his desk Trora University are ordered by the various industries' pledging main- Ministry of Education: tenance of these provisions.
I-The faculttes-especially He agreed, however, that no-Arts and Law-should be drasti- thing could be done to harvest thecally reduced. Assistants should majority who said they wanted be appointed entirely on the bass te observe the provisions but who of merit... could not be counted upon it, one of them "decided to do scme threat-cutting."
ין
"It all gets back to what hap- pens when ninety per cent want to be on the level, but ten per cent. hit below the belt. President Roosevelt asserted.
He said he has not yet planned to broadcast a speech to the na- tion. He was not yet ready to talk of what he proposed to do to meet the situation.- Reuter
ANOTHER CHALLENGE
2-Class attendance and ex- aminations should be enforced with greater strictness.
KEKEREN.
'S E. Levy & Co.
7. ICK ROSE STREET
INVESTMENT BANKERS 4 BROKERS
NEW YORK COTTON EXONANGE
--COMMODITY BICHANGE, INC, S.T.
CHICAGO BOARD OF TRADE,
CANADIAN COMMODITY EXCHANJE, ING
CORRESPONDENTS I'M
WHITE, WELD & CO., NEW YORK
of
3-The experimental farms the College of Agriculture should be reorganized, so that they will be concentrated in one area. in- stead of being scattered over 2 wide extent.
-The equipment of the various henceforth be Colleges should purchased collectively iristead of separately by the various colleges. 5-The equipment, of the De- partments of Civil and Mechan- Tal Engineering of the College of Engineering should be replenish-
Administration of Science should,,
Ching United Prent (by mail):
New York. May 20. Symptomatic of the sweeping ed. is
attitude created by the N.R.A. de- cision towards various New Dealbe centralized. — measures, there is now consider able talk that ballion circles will challenge the constitutionality of the imposition of the 50 per cent. tax on silver profits, on the ground that it is discriminatory upon the class of the people.
Johnson declared that
if "twenty odd milion direct bene- #iciaries of the N.R.A. among the workers and small business men and eighty odd million dependent on them did not act immediately. Similarly, the Republican Sena- we shall see the worst orgy on
tor Vandenberg has introduced in wage-cutting. hour extension and the Senate a resolution to halt the Job closing in this depression."-reciprocal tarif policy, contendiag Beuter.
A NEW N.RA.
Washington, May 29., The Arst flurry of anxiety at the Supreme Court's death blow to the N.PA. Codes, is gradually being re- piheed by a feeling that no great change, in the national economy Is imminent.
X
ሩነ
President Roosevelt early to-day resumed conferences with his Heutenants, but no agreement re- garding policy is yet in sight, Two suggestions are at present receiv- Ing consideration: first, that the Government should rely upon the voluntary observance of the codes by industry as ̈a stop-gap; second, that an amendment to the Con- stitution be passed to enable the Government to regulate the hours and wages of industry, regardless of state rulings.
Some 700 letters received at the White House overnight revealed that a ratice of 9 to 1 favours a new N.R.A.
་
On the other band Labour lead ers are frankly pessimistic and Mr. Francis Gorman, spokesman for the United-Textile Workera, has expressed the fear that there might
be trouble in the South.
MODEST SOLUTION Well-informed observers belleve that President Roosevelt will not attempt to restore he N.R.A to ilfe by any revolutionary process. by amending the Constitution, but belleve the President will try a more modest solution along the lines of an appeal to the nation to voluntarily maintain the lab provisions of the codes untu Con gress can take action.
Commodities Prices
that the Supreme Court decision has demonstrated that Congress exceeded its authority in delega- ting power to the President to ne-July gotiate reciprocal tarifi agree- ments.
Whilst not mandatory, the re- solution declares that "It is the sense of the Senate that no for- eign trade agreements shall here after be entered into pursuant to the authority of the Tarif Act of
1924. and
any such agreement heretofore entered into shall be terminated at the earliest practic- able moment."
The resolution was referred to Finance Committee of the
the Senate. Reuter.
WHITEAWAY, LAIDLAW, AND CO.
(Through Reuter's Agency)
13
NEW YORK COTTON
May 30. New York, May 29. Closing Opening Closing 11.86 11.80 77 11.57/58 October 11.56 11.50/48 11:27/28 December 11.50 11.52/53 11.32/33 January 11.62 11.5557 11.35/35
((1936) March May Spot
11.65 11.58/58 11.39/39 11.67 11.82/62 11.41/41
12.20
VICTORY FOR OBIE WALKER
Plucky Fight By
George Cook
Special Air Mail Service)
· London, May 10. George Cook, that astonishing veteran heavy-weight to whom the passing of years seems to mean nothing at all, distinguished him- self once more at the White City, London, last night, by boxing the full.10 rounds agairist Oble Walk- er, an immensely powerful young American negro boxer,
Walker won on points, and wan easily, but for the crowd, some 12,000 or 12.000 frozen people in scattered groups around the vast arena.
Cook was the hero and the only man that mattered,
and
4
the gong was struck soon after he had got to his feet, having taken six seconds to recover,
Walker showed lack of ring in- telligence after that. He had no the fight, and Idea how to end gradually Cook bulit up a solid de- fence and used his vast experience and cunning to spoil his opponent at every move..."
There were moments in the fifth and seventh rounds when Cook was in a bad way. The chance was there, but was not taken. Amazing as it seems, Cook survived so well that, in the last two rounds he was actually the aggressor, and those were the only rounds he won. All the others he lost by a wide margin.
Walker is 22; Cook nearly twice that age. No one believed for one moment that the "Australian, who fought Carpentier
Beckett when this huge man of ebony was a small boy in the cotton fields of than a Georgia, would be more 11.90
chopping block. The match seem- ed a thoroughly bad one. It was said that no one else would meet Oble Walker, and the latters', sup- porters were boasting that Walk-
Chinese. er would name the round in which he would end the fight.
NEW YORK RUBBER July 12.50 12.43/44 12.38/38 September 12.59 12.56/58 12.50/50 December 12.80 12.77/76 12.70/71 January 12.92 12.82/93 12.78/78 March 13.08A 13.05/03 12.94/94, May unquoted unquoted unquoted Total sales: 283 lots
86"
CHICAGO WHEAT
May 86
.. 861 831 831 July 874 .87 87 841 847 Sept. 881 891 87 854 85%
877 87
·Dec. 90 191 20 Tuesday's sales: 19.555,000 bushels
Not Really Ferocious
The referee, Mr. Arthur Myers, of Manchester, had a thankless task in continually priaing apart two men who weighed nearly. 30 stones between them. He stopped the fight more than once to utter warnings about holding, but he might as well have been talking
וי
If was a monotonous tight. The crowd were never, thrilled; never
able to forget for one moment the bitterly cold wind. But they paid
a pandsome tribute to Cook, the grand old veteran of the ring, for his pluck and brainy boxing.
But there was nothing really ferocious about him at all."He fought throughout the ten rounds without galle and without the slightest sign of that “ler in-
Don McCorkindale Wins stinct" we had been prepared to observe with awe Walker had no Don McCorkindale, the Bouth right hand of consequence, and in African, who has recently returned fighting steadily for the body he to the ring. beat Balguerra, the öften struck resounding blows on Italian champion, on poluta in a Cook's arms add ribs with the open fight which was a farce from start glove.
to finish. Baiguerra, spent the 10 Despite the limitations of Waix-rounds skipping around the ring however, Cook did give a i and defying McCorkindale to catch marvellous performance. But he him. started badly. It took him three rounds to find a way to stop those body punches and in the third the fight was all but ended. .
May July Sept.
Dec.
711 613
CHICAGO CORN,
83 84 841 827 83 782 781 781 78 78
718 713. 718 71 612 613 811 811
er
WINNIPEG WHEAT
83+
831 831 811 81
821 827 841 843-941
"
(Special Air Mail Service)
London, May 14. Mr. Mence Wilkinson (chairman and director), presiding at the twenty seventh annual meeting of Whiteaway, Laidlaw, and Co., Ltd.. held yesterday in London, said Tuesday's sales: 10.826.000 bushels that Mr. A W. Prior (the vice- chairman) had just returned from May a visit. extending over Ave months July to the Far East. Trade through- out China, both import and export, was unsatisfactory, due partly to the unrest in the country and partly to the prevailing high price proving u of silver, which was serious drawback to exports, Im- port charges and Customs duties averaging nearly 75 per cent made trading difficult.
¿
This will renk as one of the worst fights between heavy-weights ever seen. The Italian struck scarcely a blow worthy of the
name.
NEW YORK SUGAR
No. 1 No. 3 No. 1 No. 3'
A long, hooking... punch to the Con. Con Con. Con,
stomach made him stumble, and Johnny Rice (Hounslow)" "best July 2.42 2.40 2.40/40 2.38/38
(Derby) two quick punches to the law Frank Borrington
00 Sept.
2.49 2.48 2.47/47 2.44/43 caused him to collapse. It was paints, and Max Hodgetts (Leices- Déc. 2.57 2.51 2.55/55 2.48/48 tucky for Cook that this happened ter) best Archie Norman (London) Jan. 2.40 2.30 unq. 2,28/28
so near the end of the round that on points. (1930) March →→→ 2.33
3: 50,000 tons.
ال
NEW YORK SILK
2.30/30 A number of big corporations After leaving China, Mr: Prior Total sales:-No. 1: 3.000 tons, No. throughout the country have al- proceeded to the Federated Malay ready intimated their willingness States and, while there inspected ta accept this solution under which the Company's branches at Singa- | July a crest symbol would replace the pore. Kuala Lumpur, Ipoh, and Sept. Blue Eagle ensign. This would he Penang. At each of these places Dec. awarded to all firms complying he found stocks in excellent com- with the Government's regulations dition and the outlook more hope- regarding hours.
fair ful competition..
wages and
Making his first comment on the
- 1.37 1.35 L343 1.34 1.34
1.35 1.33 134 1.33 1.334 1.35 1.34 1.334 1.33 1.53 Total salesi 187 lots
Mr. Thomson left London for
May July
* MONTEFAL SILVER
73.602 73.00bid 73.851 73.15/95
73.10/75 73.50/99
74.80%
Dec. 75.10% 74.70
Total sales: 10 contracts
Uwing to the New York Market being closed, there were no Stock and Commodity Quotations last night.
New York Stock Exchange Quota- tions will be found on page 11.
ber
India in October last and returned Sept. 74.107.73.80/74.80 73.90/74.35 is known that a very large mum- at the end of Apr. Most of his 33 invalidation of the NRA, Prest- dent Roosevelt, after a cohference years' service with the Company had been spent" in India, sợ that with General' Hagh Johnson, Dr. Felix Frankfurther; Harvard
the benefit of his experience there Jaw
was particularly valuable during professor and others, stated that he was closely watching conditions the present time. The Company's throughout the country.
at Bombay. Calcutta. Madras, and Rangoon were stil This statement, was made at press conference when the Prest-visited, stocks were thoroughly in- dent was surrounded by news-spected, and very effort made to
secure as much business, is pos papermen who have crowded to the
able White House.-
to talk.
PRESIDENT SPEAKS
branches
CHURCH HITS OUT
of marriages 'celebrated', at Gretna Green are not registered. Through a long period of years the Nation Committee has called at- tention to the scandal of Gretna Green, with its tale of misery and painful consequences, especially At "Gretna Scandal" when the marriages are not regis- tered. In July, 1930, as authorised by the General Assembly of that (Special Air Mail Service)
year, the committee presented a London, May 18. ́
detailed memorial to the Secretary Gretna Green marriages once
of State for Scotland, boy no steps again figure in the published re-
were taken by the Government, ports of the Church of Scotland
"The committee has again this General Assembly..
There is no oficial information, the Secretary for Scotland, but up year been in correspondence with it is stated, "regarding the number
tions. It may be the convener
As regarded Kenya Colony, four out at the five branches there The President at first refused to showed improvement in sales, and discuss the N.R.A., But later, when the loss which they had to face asked about the threatened coal for the year ended February 28, strike in the soft coal mines he 1934, was turned into a modest In her recent trials, without her
of these unions, but the totals of to the time of writing the report bollers developing maximum pow-shoved back his chair and started profit last year.
The Company showed a small irregular marriages in 1961 and the Government has given no er, she exceeded 32 knots-accord- ing to the official results of the ton was a great deal like many a year ago, and after providing for were 86 and 89. equal to 154 and
He said the coat industry situa pront on trading as against a loss 1932 in the county of Dumfries indication of its views and inteu- trials published yesterday.
other problems brought about by directors fees, income tax, de- 14.7 per cent of all marriages in will be in a position to add to this It is stated that the. Normandie the Supreme Court's decision. preciation, and loss on the Java that county.
report during its presentation to the Assembly Gear over 30 The real news is what is happen-stores, there was a debit to be car- maintained a speed of
In Scotland as a whole the ing in towns and villages through-led to balance-sheet of £35,741. Irregular marriages in 1931 were f The figures of marriages for all out the nation.
which had been provided for by 12 55 per cent, and in 1932 they Scotland are given as folloWE ---- He declared he approved of Mr. the transfer of £35,000 from, re-. were 12.13 per cent. of the total 1931-Regular marriages, 23,555; Donald Richberg's appeal, for the serve.
irregular marriages, 4097, 1932 Regular marriages, 29.134; irregular marriages, 4023.
knots for several hours.
Although Normandie's speed is easily the highest yet attained,' it is expected that the Queen Mary, the Cunard Company's glant liner, will be faster.
maintenance of Code provisions The report and accounts were until a new order was established. ¦ adopted,
Tale of Misery Beatpo The Committee on Church and Nation report says "Of course, it
Į SINGAPORE RAW RUBBER
Latest Singapore Prices
BENJAMIN & POTTS Messrs. Benjamin and Potts have received the following Straits cur- rency quotations (buyers) Train Singapore' 'yesterday," for Taw rubber,
Spot June
20 cts, unchanged 201 cts, down i ct. 21 cts, unchanged 22 cts. unchanged
July7Sept. Oct/Dec. Market.Quiet.
MESSRS, H. B. JOSEPH & CO. Messrs. H. B. Joseph and Co., re- ceived the following Straits Cur- rency quotations from Singapore tor Raw Rubber
・
Spot. July/Sept.
Buyers 20 down i 21 down'} 22 down 23 down i
Oct/Dec, Jan./Mar, Market-Quiet.
Sellers 201
211 → 22ǎ 231
Simple Deduction The Smiths were discussing their · neighbours, ie,
“Does Freeman own bia house, or doen he rent 12?” she asked..:
"Oh, he rents it,” replied hubby. "How do you know?" she went on, He shrugged his shoulders, "Simple.deduction, my dear," he! replied. "He strikes his matches on the walls of the rooms."
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