1935-06-19 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Bayern

Salimen

Bales Nanital

$1,010)

!!!!!

::

TUESDAY, JUNE 18.

Snarebrokers*

Association

581

Do.

Bank of East Asia... N. U. & S. Barks... Am. O. tin. Corp. Ch. Fin Corp. Ord. 3.

Dd.

Pref. S.

Insuramode

Canton lusuranove..

$203

duyure

deliers

Balve

Numlas

HONG KONG DAILY

PRESS. WEDNESDAY, JUNE 19, 1935.

NEW YORK STOCK AND COMMODITY QUOTATIONS

New York-London

Rubber, September

(Through Reuter's Agency}

49

J

86-8982

Last

Close Open

493 ...

Banke

Cotton, July

11.58

H. K. Banks

Cotton, October

11.29

11:33 11.34

June 18 10.20-10.40 11.00 492 4923 4927 11.62 11.69 11.04

11.34

po. (London) ... Ubartered Banks ...

1,017)

Rubber, July

13.85

13.78 12.78

12.99

£14

12.92 12.89

2311

Mercantile Bks. "A"

2311

'Wheat, July....

80+

12.78 13.89 817 813

£13

£13

Corn, July

804

"811

814

$78

Winnipeg. Wheat, July

821

32}

82

STOCKS

American Smelting

417

414

411

413

Consolidated. Gas of N.Y,

247

244

24

247 242

$175

Underwriters

E. Bond and Share

72

71

78

160 ots.

60 2t».

Union Insuranoos ......."

General Motors

311

31

31 317..

317

$335

7347)

$382

Unina Fires **********

$309

Int. Tel and Tel.

91

9+

94

H.K. Fires.ne

$200

#185

Loew's Inc.

41

414

417

International Assos, S.

$4

Shipping

Montgomery, W......

281

262

N.Y, Central Sy

17 171

267 201 263 174

18

$36

Douglases

$36

14

beabouts

Standard Ou Co. of N.J.

481

433

481

130

ludos (pret)

$30"

U.S. Steel

33+

331 33

33

$33

Da (det.)

+30

71/16 Shells

71/

****

Waterboat case

kr

Mining

riots. Amtamoks

67 cts.

$3-4

Balatcos

31 et

91.

10 sta.

Sot

Big Wedge.....

7 cta.

& ct

Gold Bitar

D

3 ets

told Creek.........

+

United Paracales... 28 sta

19 eta

Salacot Mining......

Su eta

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

31 eta.

Itogons

10/-

Kailans

$14

Langkats (single) d.

Explorations..... I.

15)

Shanghai Loans d.

16.15

$5

Docks, Wharvas,

Baguio Gold

Benguet Consolidated 10 ats

Do. Exploration 11 sts.

Do. Goldfield ....

Venezuela Gold Flus. 39

Godowns, ads, "

A.K. & K. Wharves

Do.

(Cum, Rights)

(Ex. Rights)

Do. (Rights)

Providents (okt

H.K&W. Docks.

H.K Lands.......... 132

Do. 4% Debentures $100

$4.20

RELIEF FOR SURPLUS WHEAT

JOBLESS

Roosevelt's New Programme

Washington, June 17. President Roosevelt to-day hand-

ed over a gigantic works program- me to the State Rellet Administra- tion chiefs.

Addressing the Administrators at the White House, the President expressed the belief that 1935 would see the beginning of the absorption of the majority of the unemployed.

"We must divide 3,500,000 men into 4,000,000,000 dollars," he said. "That means heartache for those who have extensive projects in mind." You will have to turn down many splendid projects which will not fall within the arithmetic of the situation.

"Practically all the money must be spent at a rate of $1,100 or $1,200 per man," including mater- lals, overhead charges, as well as pay itself.

"I want every Administrator to make every effort to get the un- employed into private industry eyen if it means stopping some of the jobs we have undertaken."- Reuter.

379 $3

55 ots

120 els

20 cts.

Do.

(new)

20 ata,

93

181

S. China Motors' A'

Do.

190

Shanghai Docks S.

$110

14

New EngineeringsŇ.

34

$240

Hongkows

Lands, Hotels, and

Buildings

$4.35

H.K. Hotels

$33

320 Shanghai Lands.....8.

δεν

Metropolitan Landa..

34

H.E. etes.........

$4

China Do.........

$133

$8

. Do. Debenturess. Humphreys

********

18

New Asia Hotel

-35

Asis Realties "A"

Do

"B" 8.

$90

Chinese Estates

Cotton Mill

$8

Ewus

372

1861

S'liai Cottonsfold)S.

304

8411

Du

(new)S.

$42

CHINA'S PROBLEMS

B

Zoong Singe......

$0.40

$60

Wing On Textiles(S.).

$36

Pubilo Utilidan

$12.95

313

Do. (new)...

$77

Star Ferriss

813 $730 231 875

517

Taumati Forties .......[ $161.

<div

$8.90 $8

3.90

Chins lights | 383°

18

$57

H.K. Eléctrica

$58

$234

Mucao do ponu

$911

prek.

25

Tramways commen

Foak Teams (old)...

Saulakan lights ......)

Telephones (old)

LJU. (new)...

$1 China Busts

Do.

(pret.)

Industrial

Malabon Sugars · •••

Cemente

520

+10

$81

$10

Caldbeck, (ord.) 8.

#13

Macgregor prof:)8.)

11.80

Canton Ico

$1.60

15}

$6

31

MiscellaneORE

$134

Dairy Farms.

$1.86

$1.40

143 ct..

PA

18

Amusemente int a Ch. E'tainmenta................ Constructions, (old) Do. (new)

Lane Crawfords................ Mackintosha...... Nauyaug Tobacco..- Sinceros + Watspasok 70 ote. W Powells

M. Greyhounde

sat

$2

31.35 S. C. Enterprises

.94. Uh.G. 51925G.Bds

$13.40

34.80

$1.10

20 cts

$21

$3.70.

$7.00

HK. Govt 4% Lamus 51′′/

Do. 31%

Wallace Harper ..............|

$100 ELK Wing On

$5

S'ha! Da Vibro Pileng

NEWSPRINT MILL.

NEW SITE

ing to Mr. Liu Yin Fa. Director of the Industrial Department of the Mffistry of Industry. Mr. Ldu ra- turned here yesterday in the com-

།

$1.36

Reconstruction Urged

18

[Special to the "Hong Kone Daly

Press Mopyrighi

Subsidy for Exports

CABLE NEWS IN

BRIEF

For Atlantic Service

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

CK

Bremen, June 17. in view of the tremendous rise of tourist traffic between Ameri- and Europe which is taxing the big liners to capacity, and is holding promise for the best season since 1929, the North German Llody has decided to put the 34,000 ton liner "Columbus" which 'has for the past year been almost ex- clusively

luxury employed for cruises, back into regular service between Breman and New York.

The stately ship will leave Bre- men Haven on Tuesday for New York and will carry upwards of

return 1,500 passangers on her trip.

The crack ner "Bremen" which saled for New York on June 16, will bring more than 1,900 passen- gers which is the largest carried by any Trans-Atlantic ner this season or for some past seasons. 're nocean hun Mir.

THE FRENCH 'MINISTRIES

Paris, June 17. The Minister of Mercantile be Marine. Marlo Roustan will

appotted Minister of National Education on Tuesday to succeed the late Minister Marcombes ac- cording to reliable Information which on Monday. given, here adds that William Bertrand who whs Minister of Mercantile Ma- The idea behind such actionrine in Flandin Cabinet will pro- would be to take care of an anti-bably reassume his old post.—

Transocean Kuo Min.. cipated small surplus.

Washington. June 17. The Agriculture Adjustment Ad- ministration is seriously consider ing subsidizing the exportation of approximately 25.000.000 bushels America's surplus soft, white wheat from the Pacific North West.

41

TO VISIT LONDON'

In this correction, considerable pressure has been exerted lately

Geneva, June 17. to revive the North Pacific Emerg- The way for a visit of King ency Export Association.

Carol of Rumania to Paris and Meanwhile. President Roosevelt | London

the is being paved by has signed the Bill fixing the duty Rumanian Foreign Minister, Titu- free imports of Philippine eprdage lesen according to the "Journal at 6,000,000 pounds annually. de Geneva here on Monday. Beuter.

CHINA'S CREDIT

Efforts To Restore

[Special to the "Hong Kong Dally

Press" (Copyright).]

Nanking, June 11. During the last few years, a great part of the Government's atten- tion and resources had to be directed to the suppression of the "Reds" in the central provinces, and extra heavy outlays of money' military were incurred both in campaign and in relief for the sufferers of flood, war and bandi-

try.

On top of all this, has come the world-wide depression which bore down upon China with full force, together with the aggravation of

Nanking, June 11. What China needs, is to develop her financial condition as the re- her productive capacity, in consult of the silver policy adopted by tract with the west. which suffers the American Government. Though from an excess of productivity and the task confronting the adminis maldistribution of wealth as welltration of the national finances is as of products. Thus it follows onerous indeed, yet in spite of all that, if China imitates foreign these difficulties, the financial economic measures for the treat-authorities have discharged their ment of her own peculiar condi-duties with no little credit, tion; she would be dealing only

GOVERNMENT'S CREDIT Nothing

this with other people's" problems and

reflects neglecting those of her own. This strongly, and "thruthfully than the was the main theme of Mr. Chth improvement of the Government's Hui's speech delivered at the me-

credit both at home and in the morial service at the Central Party money markets abroad. During Headquarters yesterday.

October, 1934, the Ministry of Mr. Wu observed that although Finance completed payment of

more

The paper adds that the visit will however not take place be- fore the proposed Russo-Ruma- niaz Pact for mutual assistance sponsored by the "Qual d'Orsay” has been signed- Transocean Kuò Min.

NEW ALTITUDE RECORD

Paris, June 17. The new altitude world record for women fliers' was established on Monday by the well-known French aviatric, Mary Sehiloz who reached the height of 11,800 me- tres, thus beating her own former world record of 9,790 metres by more than 2,000 metres.— Fransocean Hua Man."

FLYING DIFFICULT

Amsterdam, June 17, The final report of the Dutch Government Commission on the Uiver "catastrophe in the Syrian

desert on December 21, 1994, the cause of which has hitherto not once been entirely cleared up, more emphasises that it is highly improbable that the disaster was due to an onbreak of fire or light- ning.

The most likely explanation states the report is that in consequence of extremely adverse weather conditions, making flying very difficult. the pilots became exhausted and lost complete con-" trol of the machine. Transocean Xu Min.

MEMBERS

SE Levy & Co.

7, ICE HOUSE STREET. INVESTMENT BANKRDA BROCEZA

NEW YORK COTTON BICHANGE

COMMODITT EXORANGE, ING, NIT,

CHICAGO BOARD OF TRADE

'CANADIAN COMMODITY EXCHANGE, INC)

CORRESPONDENTS F^Y.

WHITE, WELD & CO., NEW YORK

The Proven

STOMACH REMEDY for Bad Cases

Amazing evidence of the remarkable speed" with which indigestion and stomach

pains can be stopped has been revealed by medical experiments and X-ray photographs of actual cases. These prove the ingredients of Bist rated Magnesia to be the quickest acting and most effective known to medical science. Within 5 minutes a teaspoonful of Biurated Magnesia in little water produced complite relief in exses where

A NOTED ENGLISH DOCTOR SAYS:

find that Bisurated Magnesia taken after my. meals is the only thing that keeps

free from pain and discomfort, and numberless other remedies had failed entirely, I take it regularly. I often

Its Action Explained-prescribe it for my patients, and have

Simply take a teaspoonful of the powder in a little water. The moment this soothing draught reaches the tortured stomach it begins to sweeten the sour, fermenting un- digested food. The content of the stomach become as bland and soothing as milk to the sensitive. stomach fining. The pain quickly leasens and presently disappears. By following up the treatment after each masi, your "Barnased. stomach valli 1001 looss its tenderness and grow strong, until you can. But whatever you like and enjoy Every meat, without fear of wind and pain,

very good results.“

H.G. ——M.A., M.RCS, L.R.C.P.

ANOTHER DOCTOR SAYS: "Bisurated' Magnesia gives excellent results and is the ideal remedy for stomach pains and acidity. It is particularly recommended for Dyspepsia, Gastritis, Stomach Pains, Flatulence, and even Stomach Ulcers.""

HL, Faculty of Medicine, Paris.

'BISURATED' Magnesia

● quickest stomach rellef known

Always am the öva! 'BISMAG" trad", mark 'un every” package,

STRICTLY

MODERN

SERVICE

EDGE-WATER MANSIONS opens its second season June 1st as the most luxurious resort hotel in the Far East. Thought and money have not been spared in creating this truly modern beach hotel. Here you may live serene. ly or excitably as your whim directs. You'll love the cool luxury, superb food and oharming hospitality awaiting you at Edgewater Man sions.

LIGHT PLANE FLIGHT

London, June 17.

A remarkable flight to Africa one day, by light

the country is in sore straits, It arrears of the Auglo-French Loan and back in

by

should not be impossible to solve of 1908, the senior loan secured aeroplane, was achieved in a ma- the economic crisis if the people upon the salt revenue; and in chine designed and piloted

am. for

in this country determined to January, 1935, annouced a pro-Capt W. E. Perclfal to-day. It struggle for success. One of the gramme whereby arrears of prin left Gravesend at 1.30

35 ets, undesirable, tendencies of people cipal of the Crisp Loan of 1912 will Oran, 1.400 miles away, and ar-

nowaday is to consider those, who be cleared up by 1940. In con- rived there at 8.40 am

The plane refueled and left can afford to spend money as rich sequence quotations of Govern- and ergs, respectable. This gives ment bonds in foreign stock ex-again for Croydon at 8.25 p.m. rise to indulgence in unwholesome changes has improved materially Percival's object was to bring to the public notice the advance and unnecessary social activities.

In the last few years ADVANCES OF CIVILIZATION

Recently, through the strenuous made in the sphere of small ma- According to Mr. Wu, the mater efforts of the Ministry of Foreign chines, no less than in large- al advances of civilization have Affairs, part of the loans con- Reuter.

HEAVIER DUTY ON "FOREIGN METAL

Wanking, June 11,

given us but 30 per cent, of useful.tracted by the Legations abroad things, such as machine and other have been re-paid with funds set means of increasing production, aside by the Ministry from its run- IRON MINES TO RE-OPEN new agricultural implements, im- ning expenses for the current proved waterworks system, etc, fiscal year. This action has help- while 30 per cent, are of no praced to further strengthen China's tical value, namely, high-heeled credit. shoes, waved hairs and all kinds

DEBTS REPAID 4

Kweiyang June 12.

A petition for the re-opening of the iron mines in Chingchi, Kwel- ID chow province, has been submitted to the Provincial Department of Reconstruction by a group of local Industrialists headed by Mr, Yang Hsi-huang.

'Nanking, June 11. "Three possible sites on the" Wu Klang (River), about 20 miles from

A petition to increase the im- of juxuries. The remaining 40 per It may here be recalled, that the Wenchow, in Cheklang Province, have been selected for the project-

port duty on foreign iron and steel cent, he said," are noxious things, Ministry of Foreign Affairs has ed Central Newsprint Mill, accord-products in order to protect the such as deadlier weapons of war repaid 18,000 francs owed by the

domestic industry, has been sub-people to destroy one another

and the like, which only encourage Legation at the Hague to the Banque Franco-Chinoise. Pour le mitted to the National Govern

Therefore, in assimilating what Commerce and l'Industrie: 50,000 ment by the Shanghai iron and foreign civilization has to teach, franes owed by the Legation at the people of this country should Brussels to the Belgian Telegraph pany of a British engineer follow-steel manufacturers association, know what to take and what not. Ofice and $38,000 owed by the ing an inspection trip to Wenchow, headed by Mr. Lu Po-hung.

to take."In other words, w Legation at Lisbon to the Banque These three sites are all good, in view of their proximity to the tim- The petition states that as a should not be mere consumers of Belge Pour l'Estranger. "ber supply and their convenient result of the dumping of foreign foreign, goods or slavish Imitators Further readjustment of obliga- location for transportation. The products following the drop in of foreign ideas, but should make tions-abroad will be made by the final choice will be made after fur value of foreign currency, the efforts to develop our own pro- Ministry with funds saved through ther discussion with the interested native iron and steel industry has ductive enterprises and seek our the curtailment of the expenses for

been adversely affected.

own economic salvation in our own, the forthcoming fiscal year on parties, Mr. Liu said

way, he concluded

China United Press (by mail).

Chingeht district is stated to be rich in iron, the quality of the ore surpassing that in Tayeh, the iron mining centre near Hanyang southern Hupeh. In view of the rich deposits, the defunct Ching Dynasty regime expended ever one milion tatls for the development of the mines, but owing to mis management, nothing was accom plished and the project abandon

red 30 years ago ——

Kuo Mi

ON

For reservations see your Travel Agent or verite direct 'to The Secretary.. Edge-Water Mansions..

hot sultry days

a cooling and re- freshing sweet is es sential to every meal. A fresh-fruit jelly is always appropriate and is sure to please

if made with-

Cerebos

Jelly Crystals

Tsingtao,

Cerebos Jelly Crystals

& CK