1935-06-01 — Page 12

Sharebrokers Association

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

HONG KONG DAILY PRESS. SATURDAY, JUNE 1, 1935.

YORK STOCK-

COMMODITY

AND

QUOTATIONS

SHANGHAI BANK

NEW

CLOSESDOORS

(Continued from Page 6)

(Through Reuter's Agency>

"

S E. Levy & Co.

7 ICE HOUSE STREET INVESTMENT BANKERS & BROKERS ..

Buyers

Main མ་་་

Exandonl

FRIDAY, "MAY 31..

Last

May 31

Sakure

Buyers

Males

Wabilitles

Capital Paid Up)

New York-Londen

Banks

Preterred "A" U.S. $250,000

Cotton, July,

11.58

Close Open 10.20 -0.40

4931

495 495 11.50 11.81

11.00

MEMBIEN

724.037.08

Cotton, October

11.28

11.31 11.33

$1,000

$1,018)

21244

H.K. Banks ******* $1,016)

Bio. (London) -

Cothmon "A"

U.S.

Rubber, July

12.38

12,248 1224a

2143

Ubartered Banks...

214

* $300,000

369.585.22

Rubber. September

12.50

12.378 12.35%

Mercantile Brs. “A”

*

£31

Common

"B" Sh

Wheat. July.

8-47

B54

2311

Do.

£13

813

$1,250,000

1,250,000,00

Corn, July

781

785

381

Bank of East Asia ..

180

N. O. & S. Banks

Surplus Account U.S.

Winnipeg Wheat, July

831

834

NEW YORK DOTTON EXCHANGE

COMMODITY SICHANOL, INC. SIY,

CHICAGO BOARD'OF ZEADE .

CANADIAN COMMODITY EXCHANGE, INC

$47

Am. O. Fin.Corp: སྦ,

$300,000

869.585.22

STOCKS

Ch. Fin Corp. Urd. S

Surplus. Account

1,250,000.00

3203

100. Prof. S

Insurances

Canton InsurancOS...

Underwriters

Undivided Profits

407,268,36

American melting,

411

T

411

413 411

$190

Reserve for Tax..

Dividends, etc.

Consolidated Gas of N.Y.

241

237

#41

231

150.339.74

EL. Bond and Share

81

87

81

84

00 ata.

$336

Union Insurance $330.

(90 Deposits

8.375,884.76

General Motors

303

30%

301

304

CORRESPONDENTS FOR

***

Circulation.

32,805,00

Int. Tel and Tel.

81

81

81

84

China Fires

$381

Loew's Inc.

381

381

381 38A

$382

H.K. Fires

$185

Banks Liability under

WHITE, WELD à co,, NEW YORK

$200

International Assos, J.

L/C

1,224437:05

Montgomery W.

254 251 251

25"

341

Shipping

Drafts in Transit ......

800,284.56

NY. Central

161 -163 164

Douglase ............

3391

Accrued Interest and

$38%

#

Steamboat

$14

Accounts Payable ...

125,309.05

Standard Oil Co. of N.J. -U.S. Steel

45 324

32

16:1 451 45+ 324 321

$30

Indos (prof.)

$30

$33

Do. (dot.)

$35

Bills Received for Col-

71/3

Shella

71/+

lection (Contra)

Waterhout

#1}}

311

Other Liabilities

839,787.84 8.186.34

Mining

th

ti ota

Amtamoks

61 eta.

$34

Balatcos...

19 C#

121 et.

Baguio Gol!

10 ca

#11

هات (11)

Do Exploration

Da

182

.75 ota

3815 54

$4.10

$31

Booguet Consolidated

Goldbeld.

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

Eu at

8 ct.

et.

Groid 1.Tur

3 at#

Gold Creek....

United Paracales

12. Salacot Mining .....

Mining

ss atspo Mis

130 ctx.

17/8

$14

$5

$110

$5

Itogons

Kailas RAND FORENI Langkat (single) 3. Exploration....... Shanghai Loans 3.

Rub

Venezuels Gold Flin Docks, WharvOK, Godowns, sta

H.K. & K. Wharves (Cum. Eights)

Do.

Do.

(Ex. Rights)

(Rights)

Providents fully...

Do.

(uew}

H.K. & W. Docks

S. China Motors * A. '

Do

Shanghai Dock S.

New Engineerin

1207 Hongkewa......

Lands, Hotels, and

Buildings

H.K. Bas......

China' ku.................... De

Humphreys

Sew Asia Hotel

11 cts.

5

29 cts

1 ca.

17/

14.60

321

190

33

120 cle

20"cls.

$116

34

34}

·H.K. Hotels.....!!

24,10

34.15

H.K Lands.... $31

$100

Do. 4% Debentures) $.00

3201

Shanghai Lauda... D.

$10

Metropolitan Lunda...

$3.90

$123

Do Debentu 08.

$35

Avia fiealios "A" S.

Do.

"B"

$90

Chinese Eilates ......

Cotton Mill

$430

Ewos

$8.10

$7

S'ant Coltouield)S.)

Do.

(дет

381

Zoong Sings...

EGT #41 39.40

250

Wing On Textiles(2.)

135

Public Utilities

012 30

312.10

S-4

$6

Da

{DOW)...

$4

#77

!

Star Ferris

#78

$70

$17

China Lighte

$8.10

+

HK. Electrics

$69

$234

Macao do

15

Sandakan Lights

$191

Telephones (old)

$19.30

$82

Do. (new)

361

China Buses. 8.

$8.10 157

343

Tramways

Foak Traits (old)...

Yaumati Ferries...

Tractions ............

Da. (prat) in

Industriale

Malabon dugar-

10/0

23/8

19

Cahlbeck, Kozu. D.

$13

Magrogon (pref.)8.

Pɔ1,80

Canton Iva Lemeats

Miscellaneous

Constructions, (old)

Dc.

$1.50

36

312.65

51

35

$1.30

!!

Dairy Farma

$1.86

Amusement

$6.40

Ch. P'tainment******

$1.40

45 ot

(new)

33

Lane Crawforiks...

Mackinwea

*

Nanyang Tobaco..

$8

Sinceres m Watsons

70 ot. Wm. Powell

$1.35

M. Greyhounda

S. C. Enterprises .......

92 CLG.641925G.Bd. 92%

prem

1.

3D

3166

FL.K. Gort. 4% Losus

Wallace Harper....... H.K. Wing On

PANTRA

S'hai Do.. Vibro Pileng.......

PERSIA CRITICISED

Geneva, May 31.

The Oplum Advisory Committee

(25 cta.)

AIR PACT DRAFTS

58

$3

50 ct.

31.30

47.

482

$2

London, May 31. The submission of Germany's

discussing the Governments re- draft for an air pact is welcomed ports for 1933, criticised the lack

in British diplomatic circles as a of "International loyalty" by Per- sla in respect of the shipment, definite gesture of goodwill and from Persia to China of a consign | co-operation, Germany is known ment of 119 tons of opium,

S'hai $16,728,070 72

ASIA REALTY STATEMENT The secretary of the "Asia Realty Company yesterday issued the fol lowing statement:-

UNEMPLOYMENT IN NEWFOUNDLAND

Commission's Report

London, May 30.

of-the

confined

to St. Johns-and details practical measures taken to remedy the situation.

The Report by the commission of "The Asia Realty Company has the Government on the unemploy applied to the U.S.. Court for China ment situation in New Foundland. for the appointment, under Sec- furnished by Governor, Sir Murray tton 77B. of a Trustee with dis- Anderson, at the request cretionary power, who will super- Dominions Secretary, Mr. J. H. been issued as a vise the operations of the Asla Thomas has Realty Company in conserving its white paper. The Commission 01 assets for the benefit of its security the Government took over early in 1934 and the report shows that sub- holders, fearing the possible, synt pathetic reaction on account of the stantial improvement in the con- voluntary liquidations of ditions has since then been made American Oriental Banking Car-In several ways. The report descri- poration, the American. Orlertal bes two kinds of unemployment in the New Foundland. The normal un- Finance Corporation, "and Raven Trust Company. This pro- employment of the fishing popul. ceedure will allow an orderly 'reation during the off season, and tiring of obligations without.escri- unemployment among the indus-

trial population largely ficing the equities securing deben- ture holders, other creditors. and the general shareholders.

"It is expected that, upon the trustee's complete disposal of lean certificates as a liability, the pow ers of the trustee will no longer be required for the continued nor- mal operation of the Company " UNDERWRITERS SAVINGS BANK A minor run started on the Un- derwriter's Savings Bank on the Bund yesterday morning. The situation, however, became normal by 3 p.m. Mr. N. Yakoonnikoff, director and vice-president of the bank. in an interview with a re- presentative of the "North-China Daily News," yesterday afterncon. stated that no more than $20,000 to $25,000 was withdrawn by de- posizors of small sums during the day. The

In the started run morning, following the closure of the American Oriental Banking Corporation. This was probably due to some mistake of certain persons in connecting the two con. cerns, although they were not amiliated at all.

"We had plenty of silver and money in our vaults." Mr." Karoon- nikoff stated. "In order tu sausty our depositors, the tug hour of the bank may be extendef to 5 p.m. or even to a later hour" The interviewer

place visiting the found no necessity of such exten sion, as by 3.15 p.m. there were but two or three persons doing business with the firm Over the

counter.

Last year the earnings of fisher- men were increased by over one million dollars To overcome in. dustrial unemployment a policy of land settlement is being tried and in the meantime the organisation of relief has been improved and assistance Increased....

Commenting on the report, the ""Times" points out that the general

improvement is reflected not only in the increase of revenue in spite of tarif reductions on articles of common, necessity, but in all round increase of business and industrial activities. The conditions on the is- land, however were so deplorable when the commission took over the responsibility, that progress must of necessity be slow- British Wirelen.

a

LI

SADNESS AND HUMOUR

I

CHANGE OF CAPITAL

In Northern Rhodsia

THE FRENCH CABINET

(Continued from· Page (9)

FRENCH CHAMBER

SCENES

(Special to the "Hong Kong Daily Presa" (Copyright).]

London, May 30. Northern Rhodesia is this week changing its capital when Lusaka, a town planned and built. from the bush, takes the place of Living- stone. The Legislative Council, the Chamber and the Administrative offices open at Lusaka tomorrow. and eventually all central official

Paris, May 30. activities conducted during last

"Save our currency, protect our 24 years at Livingstone will de transferred there. The progress of work and savings against specula- settlement and mining in the ter- tion." These were the dramatic ritory has left Livingstone far too words used by Flandin when he south of the Northern Rhodesian ended his speech in the Chamber main population and the transfer on Thursday during the debate on has been effected with a view to the empowering" bili. i present convenience and future. mier's speech was It is expected Lusaka will steadily develop is a centre of mining and farming activities.-

The pre- preceded by

OBITUARY

Death of Shanghai Lady"

Shanghai, May, 27. Mme. Marle Rose Baudez, wife of the French Acting Consul-General. died at 3 p.m. yesterday in the French Consular residence; Rue du Consulat, from bronchial-pneu- monia, at the ago of 40.

Mme. Baudez had been ill for some days past but on Saturday night her condition became critical and oxygen was administered

She is survived by her husband and four children, a son in France, M. Rene Sockeel, and. Mile Odile Bockeel Miles. Jacqueline and Nicole Baudez and M. Jean Bandez... now in Shanghai,

M. and Mme. Baudez, née Chimier were married in 1921 and frst came out to China in 1925. ; when M. Baudez was connected with the French Consular Court in this Ehanghai

that of the former finance minis- ter, Reynaud who is the strongest advocate for devaluation and who drew the attention of the success of England's experiment in direction. Reynaud sharply at- | WHITSUN RECESS tacked the Government, asserting that all the measures it had pro- London, May 30.

had posed and put into force Bath Houses of Parliament will turned out to have the contrary begin the Whitsuntide récess on effect to that intended. As June 7. The House of Commons examples, the speaker quoted the will reassemble on June 17, and the failure of the Government to re- House of Lords on 18th June,

increase duce Interest, to

the British Wireless.

purchasing powers of the masses and to reduce employment.

LONDON ASIATIC RUBBER

Dividend Of Eight Per Cent.

H

PARTY MEETING

Paris. May 30. The uncertainty of the fate of the em- Fiandin's cabiner and powering bill has not been lessen- ed, contrary to general expecta- tions, by Thursday's meeting in, the Chamber of the groups of Left Wing parties, which did not

to

FATE SEALED 4

lead to any result. The object of. Reynaud's speech produced the meeting was to draw up an profound effect on the Chamber | opposition programme

the " and earned the applause of all Government's empowering bol. parties, the opinion being express- but the predominance of the ed in the lobbles during the in- Communist and Socialist tendency terval which followed, that the

was too strong for the моте fate of the Flandin government is

moderate parties to wish to com- sealed.

mit themselves.

The Radical-Socialist represen-

advocated

"national" tative

On the recommencement of the

(Special Air Mail Service)

London, May 18. The 27th ordinary general meet- ing of the London Asiatic Rubber and Produce Co., Ltd was held session Flandin, supported by two

government with participationi by yesterday at 19, Fenchurch-street, attendants, mounted the tribune

and was accorded a spontaneous the Socialists, whereupon the London, EC.

rents sums

amounting to

over

concessions.

Mr. H. J. Welch (the chairman)vation by the whole house." At leader of the latter party, Leon Bureau of Finance have been in-sald that this company had paid the instigation of doctors, special Blum stated the conditions upon his party was willing to Join the cabinet. Another Socia- structed to inspect the books of last year to the Malayan Govern- support for the Premier's broken which the institution together with the ment for duty and reduced quit arm had been fixed to the tribune

lectern. Flandin at once dealt list deputy pointed out that the members of the Bankers Associa

against the uncertainty as to the prospects of tion.

£14,000, and this year the Govern- with the 'campaign ment were at present demanding franc, vigorously attacking those Flandin's Government as well as payment of all quit rents in full in France who lent support to this the divergence of opinion among Though the scene was nothing so The maintenance of the Malayan action. Defending the measures the Left Wing groups made the the planning of an active programme turbulent, Nanking Road near the competitive position in the rubber already taken to maintain

franc, the Premier told the at the present moment impossible, Bund yesterday was reminiscent of industry was of such importance Chamber plainly that it must but he suggested that the Left the old days in America when to that country that he hoped the

decide whether it wishes the Wing parties should hold them- banks were closing right and left. Government would respond gener-

or the devaluation | selves in readiness to come to- maintenance Outside the premises of the Ameriously to the pending appeal of at the franc. If the chamber gether again should the events of can-Oriental Banking Corporation, rubber producers for

should withdraw the confidence the next few hours make such a large number of depositors in relation to quit rents and duty,

from the government that would course seem advisable, He said the administration of CHINESE BANK CLOSED

lingered, anxiously reading and re-

HERRIOT'S WARNING the other hand it wished the

The The Ming Hwa Commercial and reading the statement on the door the company's properties stood at mean it desired devalution, if on

session of the Radical and looking helplessly at the lock- quite as high a level as at any

maintenance of the franc at all Savings Bank, 330 Reking Road,

time in the past, an opinion con-

Socialist parliamentary group corner of Honan Road,, suspended ed gate.

firmed by Mr. Henderson, a direc- costs, then it must give the Among the worried apes was a 'business yesterday following the closure of its branches in Ting-young woman whose husband had tor, whe had recently visited all Government a free hand and not which followed Immediately after- The tapping policy of hinder its action every moment. Wards and on which considerable.."

hopes had been set also proved With or without inflation the only the day before taken their the estates. tac, Tientsin, and Pelping. Mr.

the company for many years had

conclusive. The representatives. from another banks to

budget must, in

Case. be Tung Ming-hui, Chairman of the savings

of the party reported the negative Board of Directors and Mr. Chang out into this one. She greeted him been conservative, and the stan

results of the meeting to the Left Chun, General Manager, left for at noon, bravely determined to be dard assessment of about 10,000,- brought to order.

FLANDIN'S APPEAL

Wing partles whereupon Herriot Tsingtao as soon as news reached cheerful about it. "Darling," she 0001b. for 1835 was far from over- estimating its producing capacity.

Flandin closed his speech with uttered a gravé admonishment to here that there had been a run said, "we must start over Kai The net balance of the profit and the assurance that he intended to his followers to consider the res-

"What" he asked. "Ob. the

loss account for the year Was any we'll get it

calm the misgivings expressed on ponsibility they have to assume by bank!" "They

£69,83%

Government. After payment of the

the the refusing the many sides at according dividend of 8 per cent, the carry-

Government the wide powers de- powers demanded. The Radical- abuse these powers nor would he as supporters of devaluation since After allowing for net surplus adjourn the Chamber for an one of the measures under con- assets and the dividend payable indennite period on being granted sideration for preventing devalua- A large number of depositors are

the planted areas stood in the tion in Shanghal. It was decided Russians, and the air was full of books at £25 12 10d per planted them. Should the Government tion and prosecuting speculators fall. emphasised the Premier, could be executed without extend- that business should be suspended stories about them: One young

Since 1919 the company's

France's system of governinented powers. man whose mother had just in-planted areas had grown to $

Despite the strong impression A notice was tested, stating, that

his the bank would assume the res-herited a legacy of $10,000 bad put times Its then acreage, ita standard would be discredited and the

the Radical-Socialist Listeners. ponsibilities of settling the at- it into the American Oriental assessment, was about 6 times lis successor would in any case have ferriot's words made on

"to demand the same powers counts with its depositors." Another "is wondering about his

1919 crop, and the cost per lb. had within three or four days.

group decided by 36 to 21 votes to According to a Chinese report, $1,500 savings. One of the Russian been reduced to one-third.

The Banque de France had refrain from denning their atti The proposed dividend of 8 per sufficient reserves, assured Flan- tude to the empowering bill till the capital of the bank is $5,000,- colony is rejoicing because he had paid up. The total amount of de- and only the day before yesterday transferred his account, to another

on three native banks there, one of which was the Ming Hwa branch. Despite their efforts, the

branch bank was forced to clase

back" she continued. "Well," said her husband, "as a matter of fact,

any

ti

T

The Tientsin and Peiping branches I just happened to forget to go to forward would be increased by manded. He would not, he said. Socialists would be then regarded

closed subsequently.

At an urgent meeting of the responsible officials of the institu-.

the bank yesterday so I didn't open the account!"

£10,000.

acre.

to be in communication with 000, of which 32,750,000 has been what he insists was an intuition. cent for the year was approved.

established in 1921 at Peiping and

The Persian delegate said that France, Italy and Belgium, Mean-poelts in the savings department Persla had not adhered to the while those Governments have Opium Treaties of 1912 and 1925 also been preparing schemes. The and was therefore under no obliga- French draft has already been re- tion to prevent the shipment which celved by the Foreign Office. was effected by a non-Government authorised concern.

The possibility of a conference five Powers is now between the The Committee members re-envisaged though some preliminary commended to Persia the ratifica diplomatic discussions are doubt tion of the. Oplam Agreements.- Reuter

less necessary, Reuter.

din, to defend the trane and to after the Chamber debate and lend, enough vitality to achieve immediately before the measures

are put to the vote. reconstruction. La $300,000. The bank was first house.

One incident alleviated the gloom

Berlin, May 30," With a voice trembling with Transocean Kuo Min in financial circles. Before break- At the request of the British emotion the Premier concluded. was removed to Bhanghal later.

A Chinese telegram received from fast, a well-known financier was Government, states a semi-official "his speech with a picture of the Tsingtao states that the general startled by a ringing peal on the news agency on Thursday, the plight of the aged workers and manager, Mr. Chang, who arrived telephone. It was a frantic call German Government has handed peasants whose life savings, ac there by aeroplane last Thursday. from an acquaintance, wishing to in a draft of the aly convention cumulated centime by centime. has been placed under surveillance sell his shares of American-Orien- as has already been done by the wild be wiped out to the india by the Municipal Government. The tal stock-North China Dally French and Italian Governments-

Transocean Kuo-Min,

Transtrean Kuö Min. Bureau of Social Affairs and the News,"

tion

Present Day Art Head of the House—“Have you no

"""Tramp" "Yes, I am an artist. - I make house to house canvasses!”

profession, my good man?"