1935-07-03 — Page 12

Daily Press 孖剌西報 All

12.

DAILY SHARE QUOTATIONS

Hong Kong Stock

21 ct...

$8.00 $57

Exchange

Sažeri BAJUK Noulcai

11

$13.10

TUESDAY. JULY 2..

Suarebrokers' Association

Juyers

Bellari

HONG KONG DAILY PRESS WEDNESDAY, JULY 3, 1935.

NEW YORK STOCK AND

QUOTATIONS

COMMODITY

(Through Reuter's Agency)

Last Close Open '10.20-10.40

July 2

New York-London......

4841

Cotton, October

11.51

11.00 4931 4841 4941 11.53 11.53 ∙11.55

Banks

Rubber, December

12.77

12.78 1278. 12.77

$1,070

H.K. Banks

****

$1,070

Chicago Wheat, September

BT1

873 871

£174

20. (London) ......

Chicago Wheat, December

892

"89

2141

Uhartered Banks ...

231

Mercantile Bks, "A"

2101

Corn. September

761

691 751

£314

£13

Do

Corn. December

67.1

B131

67€

67

Bank of East Asia...

591

178

Winnipeg Wheat, July

817

N. O. & S. Barks

343

Am. O. Fin. Corp: 3.

STOCKS

Prof. 3.

American Smelting

411

41

414

Consolidated Gas of N.Y

26

261 281

201

261

B. Bond and Share

7. 84

81

81

8+

$203

$195

Underwriters

General Motors

327 331

33 321

327

+105

40 38,

40 at

Union Insurances...)

3360

Int, Tel and Tel.

101

101

China Firosaurom

3309

Loew's Inc.

414

-

1332

H.K. Firespr

3175

$200

International Assoe, 8,

Montgomery W......

21+

28

411 41 28 28

24

N.Y. 'Central

170

Shipping

Standard On Co. of N.J.

*474

$35

Douglasa

$35

$4

Steamboats

$4

U.S. Steel

33+

101 *41+ 28 "174 171 17 171 481'.- 481 481 481 34. 334 334 337

101 104

$30

Indos (pret.)

$30

$12

Do. (del)

$12

Shells

71/8

71/3

qu!!

Waterbou

$11

Mining

70 ots

Amtamoks

$18.

Balateos

+ Lo

$10

10 31

ID 36.

8 at

Do.

Ch. Fin. Corp. Ord. 8,

Insurances

Canton JuszINUGEË.....

65 ote.

Baguio Gold ......... 21 c

Benguet Consolidated Octs lex div

Du

Exploration 12 ot-}

Do. Goldfield'....

Big Wedge .......& ais.

5.40.

Hold River .....

**

130 cta.

Gold Creek..................

yu

United Faracalos...

***

29 ctu

12 at

Salacot Mining......11 ote.

90 ats,

po Mining..........

30ts.

Itogons .....................

14/9

Kaits

#14

Langrats (single; s.

Exploration...... 5.

15

Shanghai Loans d

$6.00

Raub

a

!

$2.30 Venezuela Gold Fidu. $2.10

Locks, WharrER,

Godowns, sta..

H.K. & K. Wharrez.

£77

(Cum. Rights)

876

Do.

Do. (Rights)

20 cia.

264

(Ex. Rights) 375

85 ats. Providents (ulu) ....

Du. (new).

H.K.&W..Docks 38}

S. Cuius Motors · A'

Du.

Shanghai Dock S.

$240 Mongkewa

Lands, Hotels, and

Buildings

$90

$4

New Engineerings.

B

34.10

4.K. Hocala$4

$35

K Lands.........

$34

135

$100

Do. 4% Debentures $100

$201

Shanghai Lands.....

$10

Metropolitan Lands.

H.A. qallies..........

44

Chine 22 anos de

3123

Do Deventuras 3.

New Asia Hotel

D.

$80

Uhinese ExluLTON..........

Cotton Mill

$8

1801

Jual Cotwws(old)9.

$412

Du

¡now.

284

wong bugs...

700

Wing Uu lextilest.),

Humphreys

Asts Xealtica "A" ̃.

DD.

Ewas.............. S.

Public UtiliĒNU

Tramways to $13.

Peak Trims (old) .......!

Do

Star Ferries

(new)...

Yaunati Ferries ... 317

Chins Lighta *********

jo, Sandakan Ligijɛə .......

$8.80

557

Telephones (old)... $20.86

{dow)

317

H.K. Electrica

$221

Масно

13+

$20.90

18.20 $114

• Do.

.10/8 92/8

$81

China Buses'............ Tractious

Do. (pret

Industrials

Malabon Sugar

$19 Caldbeck, foru.) 3.

$13

Macgregorf(praf.jB,

KAN

Canton icer ........$1.40- Cements ....

MiscellaneoRS

$1.80

+

12

Ropes

#l4

$1.80

$140

45 $1.

$21

$

$3.10

Dairy Farman... Amusements ...... Oh. E'tainmenté................ Constructions, (old) Do. ..(new)

Lane Crawfords.......... Macsinwehe... Sayang Tobacco......

$14.20

$3.10 Watsons $3.10

Sincares... -

170 ota. Wm. Puwalia

12

M. Greyhounds.

$1.38. C. Enterprises...

947, Ch.G. 561925.3Bdz. 90%

M.K, Govt. 4%Loans| 6%,

Do.. 31%

Wallace Harper......

$100

HK. Wing On

S'bad Do.

Vibro Pilengapirsa

PACT NEGOTIATIONS DENIED

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

Moscow, July 14 Reports of negotiations being conducted for the conclusion of

T

!!

PETITION GRANTED

Mr. F. C. Jenkin, K.C., instruct- ed by Mr. M. H. Turner, of Messrs

Deacons appeared yesterday before Sir Atholl MacGregor on behalf of the American Oriental Financial

421

41.

MISS STAMMERS

Wins

CHINA AND

OPIUM

Danger To The WorldTM

The following letter was written

to the editor of the Times” by Mr. J." O. P. Bland of Brudenell House. Aldeburgh..

Sir-The telegraphic report in "The Times" of June 7 and pre- vious messages from your League Correspondent at Geneva on the subject of the Optum Advisory Committee's twentieth session Justify the conclusion that, "despite the appeal addressed to them a | year ago by the Americani, delegate (Mr. Stuart Fuller), the Commit- tee has not yet faced the danger- ous situation which has arisen out of the vast increase of opium cul- tivation in China and the conse- quent manufacture of narcotic drigs in that country. On the contrary, it would appear that the conferences of he Committee still afford occasions for the "Chinese.

At Beckenham delegate to divert attention from

(Special Am Mail Service)

5 cts Corporation in filing an applica→ tion for the winding up of the Com-

London, June 14, pany. This was occasioned by the

While Mrs. Moody had a rest recent financial difficulties of the from the Kent Championships at American-Oriental Banking Cor-Beckenham, to-day; Mrs. Whit- poration in Shanghai the local firm tingstall and Miss K. Stammers, being one of its subsidiaries.

the British Hard Courts champion, Mr. Harold Lee. instructed by fought a desperate, but rather un- Mr. D. H. Blake, of Messrs. Wilkin-distinguished, battle on the chief son and Grist, represented tour of show court for the right to meet

her in the semi-final to-morrow, the five creditors. "

14.

-1

فكر

$5,80

$1

Posta

20 cta.

$80

34

de

17 161 142

135

$78

:

$8.20

$12

41.10

20 cta.

10

$3.70 $71

55 stv

$1.36

#82

13

EARTHQUAKE SHOCKS

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

Rome, July 1 Two violent earth shocks oc- curred on Monday in the district surrounding the township

There

The match started at A tracker,

with Miss Stammers hitting winners to the line at a great pace to win the first two games.

Then in the third game Miss three double Stammers - served faults and lost her concentration and touch.

Mr. Jenkin said that before plac- ing the facts he would like to have the position made clear in regard to one of the, creditors. were five creditors, he said, and four of them who were represented by Mr. Harold Lee, had signifed their intention of supporting the petition. He did not know, how- ever, the attitude of the remaining Nor was Mrs, Whittingstall too creditor, the Cheung Kee Cheonge, but she could place the firm, and he suggested to His Lord-ball with skill, and she caught up ship (Sir Atholl MacGregor) that Miss Stammers and then advanced

to 1-2 and 5-3- its name be called in Court.

of

the Russo-Rumanian Pact of mut- Acireale situated at the foot of ual assistance on a model of aimina Volcano.

Several large houses as well as Lar pacts between Soviet Russle,

a number of peasant cottages and France and Czechoslovakia, are categorically denied by the Jour- were destroyed and 50 persons nat de Moscow." an organ pub received light injuries. Fortunate- Ished in the French language and ly there was no loss of life. close in touch with the Commis-Transocean Kur Min

sarlat of Foreign Affairs. AJ

The paper states that the ques- con of the conclusion of such a

pact has not been discussed nor likely to be discussed in the near

Min

JAPANESE FLOODS

Tokyo, July 2 The casualties during the week

His Lordship agreed to the sug-i

Mrs. Whittingstall struck a very gestion, and remarked that he had bad patch in her driving for his received no notification of the in- Stammers to draw level at 5-all. tention of the creditor named.

"DOUBLE FAULTS

The name of the Cheung Kee Cheong Firm was then called, but there was no answer.

UNABLE TO MEET DEBTS -Mr. Jenkin said that the petition 'was made on behalf of the Ameri- can-Oriental Finance Corporation, Fed. Inc., at the instance of the Board of Directors of the Corpora- tion which had its head office in Shanghai,

» The ground for the petition was that the Corporation was unable to pay its debts. There were assets in the jurisdiction and the papers were all in order..

+

In regard to the question of costs

of the creditors, Mr. Jenkin sui- gested that as the four creditors were represented by one counsel there should be one set costs.

Mr. Lee supported the petition on behalf of the four creditors.

E's Lordship then granted the petition and

ancillary made an order that the Official Receiver to be the Liquidator and that as such he continues to have all the powers conferred upon him on May 30, 1935: Mr. Ritchie was also to have the same power as when he was appointed special mannager.

All costs including one set costs in respect of the four creditors who had given notice of their inten- tion of

supporting the petition, were ordered to be given from the assets of the Corporation.

her Miss Stammers regained touch to get a 65 lead, but Mrs. Whittingstall

serve began to doubles and find the net quite a lot, so that Miss Stammèrs won a very indifferent first set, contain ing about a dozen faults, at 7-5,

The tenuis was not nearly good enough to beat Mrs. Moody, Miss Stammers then started off" well in the second set, and went quickly to 4-1.

the essential facts of this situation. He has avalled him- self, as reported by, your cor- respondent, of the present opport“ unity to inform the Committee:

(1) That if Persia continued to export opium to China, "the efforts which his Government were mak- ing to stamp out the opium evil would be rendered futile"; and (2) that his Government had given proof of its determination to put an end to the oplum evil and the traffic in narcotic drugs by execut- ing 263 persons for trafficking or clandestine manufacture.

The Persian drug is a luxury

the

article, imported for the beneft of wealthy connoisseurs, and trade in it could not exist without the knowledge and cooperation of Chinese officials.

As regards the second matter, a number of unfortunate individ- uals have undoubtedly been ex- ecuted, but the accounts of these executions. which have been pub- Ished seem to indicate that they have usually taken place, either as demonstration or anti-oplum zeal

by local enthusiasis, or as semi-i 'official' gestures calculated to deter private enterprise from encroach. Ing on a jealously-guarded mono- poly; they are certainly not regard- ed as normal penalties imposed under a generally recognized pro-

cess of law. This is confirmed by

a report to the "North China Daily News" from its correspondent In Kudiyang, which states that Ge- neral Chiang Kai-shek, discussing the problem of opium abolition there with the Kueichou authorit les three months ago, declared that It would be a crime to order sud- den suppression, without first pro- vidings the farmers with alterna-

There were very few ralles, and when they went to any length Miss Stammers usually found a win- ning shot to the corner and so qualified to meet Mrs. Moody in tive crops and helping smokers to the semi-fi 1 by wioning 7-5, 6-1- in a rathe 300r match,

"FLYING COLOGNER”

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

!!

cure themselves of the habit. It is, indeed. Impossible to believe that public opinion would tolerato the imposition of the death pen- alty, on moral grounds, for traf- Acking in opium and its deriva- tives, so long as the authorities are known to derive a great part of this traffic,

But these after, all, are side is- 51105. The dominant fact of the situation, as Mr. Fuller declared to

Berlin, July 1, The Breamlined motor driven express train "Flying Cologner" & the advisory committee a year counter part of the famous Fly- ago. is that China's mass produc- ing Hamburger" made its first tription constitues a grave danger to

on the regular schedule on Monday covering the distance from Cologne to Berun in five hours and nine minutes which is one and a half hours better than the time made

the "whole world. It represents n'ne-tenths of the world's total pro- duction, and it is common know- ledge that in "many districts the poppy is grown under the "protec- by the fastest steam driven extion. If not by the orders, of the press.

'local officials. Russell Pasha has The maximun speed of 170 kilo-recently stated that the chief sim meters per hour was attained dur- of the League of Nations is limita-

MEMBERA

S E. Levy & Co.

ICE HOUSE STREET ENVESTMENT BANKERS + BROKERS

NEW YORK OUTTON KICHANGE"

COMMODITY MICHANOW, INC. N.Y.

CHICAGO BOARD OF TRADE

CANADIAN COMMODITY EXCHAN :, inc

CORRESPONDENTS ****

WHITE, WELD & CO. NEW YORK

Famous Doctors Sertas.. No. 4

TO GET RID OF

STOMACH TROUBLES

An

English Doctor writes:-

'*1. find that 'Bisurated' Magnésia taken after most

· of my meals is the only thing that keeps me free from pain and disconfort, and I take it regularly. I often prescribe it for my patients, and have had very good. results."

(Signed) Dr. H. G————————, M.A., M.R.C.S.. L.R.C.P. THE English doctor is the most conservative medical man in the world, and when he not only recommends but personally uses a remedy there can be no more con- vlacing proof of its efficacy. This doctor is but one of many who constantly advise the use of Bisurated Magnesia, in all cases of indigestion. Most stomach trouble is chased by acidity, and the reason why Bisgrated Magoesia gives quick relief is that it in- stantly neutralises excess acid, and soothes, heals and strengthens the inflamed stomach lining. Nothing could, besimpler, safer or surer. If you suffer with indigestion

or stomach disorder of any kind påt your faith in European science and make an end of your troubles by waking: "Bistrated' Magnesia alter eating or whenever pain is felt.

BISURATED

MAGNESIA

QUICKLY STOPS' INDIGESTION

Always see this oval sign. It is on every genuine carton..

STRICTLY

BISMAG

MODERN

SERVICE

sions.

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. love the cool luxury, superb food and charming hospitality awaiting you at Edge-water Man- For reservations ses your „Travel Agent or write direct

You'll to The Secretary ...

SINGAPORE RAW RUBBERing the trip which makes the "Fly-tion of production, and points out

Latest Singapore Prices

BENJAMIN & POTTS Messrs. Benjamin and Potts havi

received the following Straits cut rency quotations (buyers) from Singapore yesterday for Raw Rubber. Spot

20 cts, dewe i et. Aug/Sept. 20 cta down et.! "Oct./Dec. 214 cts, down i ct.. Jan.7Mar. 223 cts down i et. Market-Easier.

MESSES, H. B. JOSEPH & CO. Messta. HB. Joseph and Co. 18- ceived the following Straits Cur- rency quotations from Singapore for Raw Rubber

Buyers Sellers Spot

197 down ↑ 201 July/Sept. 201 down # - 201 Oct/Dec 21 down 3 211 Jan./Mer 22 down 1 224 "Market—Easier.

end floods in South-West Japan seventeen missing and 300

are now stated to be ninety dead

ing Cologner the world's fastest train by a wide margin.

Similar motor driven trains of two to four coaches will be put into service on thirteen other main Ines of Germany in the course of this summer..

Transocean Kuo Min.!

LAVAL'S DAUGHTER

TO WED

(Special to the “Hong Kong Daily

Press

Copyright).1

Paris, July 1 The engagement fa announced here on Monday at Premier Laval's daughter, Mademoiselle Jose Laval who has frequently accompanied her father on diplomatic journey "abroad"" to. Count Chambrum;

phew of the French Ambassa to Rome

Mile Laval's dance with offices in Newbfc

being

that this is impossible without the cooperation of China. These are the facts; but if one may fudge by the report which concludes the Committee's present session, they have not yet been faced, or even seriously considered, at Geneva,

I am, &c., J. O. P. Bland." Brudenell House, Aldeburgh.

PRICE SUPERVISION IN GERMANY

Special to the "Hong Kong Daly

Prekmuriyat)ik

Berlin July

law passed on November 5 Goerdeler, the

Telated

prola

as spect

Edge Water Mansions, a

Cerebos Salt

by fine and dry in ans

imated

EREBOS

·SALT

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