1935-07-08 — Page 13

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Bayers Bollect Bater Nomiasi

Onareprokers

Association

SATURDAY,

W

Hayw

Ballerm

Balla

JULY 6.,

Banks

H

$1,065

1,065/70

H.K. Banks

-21948

K

14

£143

£31

£13

581

********$1,065

Do. (London) Chartered Banka Mercantile Bks. "A"

Do.

Bank of East Asia.... N. U. & S. Barks. ... Am. O. Fin. Corp: 8. Ch. Fia. Corp. Ord. S. Do. Prof. S Insuranone Canton LustraNGOS...

ми

:..

2311

213

$78

404

1++

$180,

$103

10 eta

Underwriters

***

$185

370/37 P

Union Insurances...

******20 ata.

20 ot..

China Fires

$382

H. Fires.......

$200

$370 $307 $175

International Assoe, 8,

员

Shipping

$35

$35

74

$30

Indos (prof.).

112

Do. (dot.)

70/7

Shella

Douglases duome

Steamboats TOTAL

68 ale.

22 d

+23 ctm.

$109

50 ats

$18

110 sta

10 cta.

Waterboata

Mining

Antamooks ......

Balatcos

Baguio Gold

Benguet Consolidated iCtets

Do. Exploration 13 ct..

Do.

Goldfeld

8 oth. Big Wedge ..........................9 cts.

1:

H $30

-13

70/0

1

A co

Gold Bever

3 oth

130 cta

Gold Creek

United Paracales”.....]

129 ola.

12 at.

Salacot Mining......11 ots.

90 ots,

Ipo Mining.

3sota, Itogons .....

14/8

$14

Langkats (single)'S.

H

Explorations..... Y

Shanghai Loans 5.

12.30 Venezuela Gold Fids. 39,15

177

$75

83 sta.

20.cts.

$6

14

Docks, WharvSE,

Godowns, sta

H.K. & K. Wharves.

Do.. (old) $75

Do. (Dow}}

Providents (old, ...

Do.

(new)

H.K. & W. Looks

S. China Motors * A

14/0

#1

14

241

354

J

176

120 ats

10 ots.

Do.

"B"

$80

Shanghai Docks S.

$80

34

New Engineerings8.

$240

Hangkews

Lands, Hotels, and

H.K. Hotels-

******** 44

$35

$34

$100

Du, 4% Debentures

3201

Shanghai Lauda....

$10

Metropolitan Lmads..

$4

14

$133

$81

China Do.....................$.

Do. Debenturess.

Humphreys ***

New Asia Hotel

Asu Realtion "A" S.

Chinese Estates......

"B".

$100

::2འུ༔༔

T

HONG KONG DAILY PRESS. MONDAY,

THREE KILLED

In Shanghai Gün Battle

5.

FOREIGN TRADE

OF CHINA

JULY 8, 1935.

WAR OFFICE: DEMAND

How To Balance It Grave Situation In

Special to the "Hong Kong Daily

* Press” (Copyright)]

D

Japan

Takyo, July 2. Officials of the Finance Ministry

Shanghai, July 3. Quick work on the part of de- Yulin tectives attached to the Road Police Station yesterday

Shanghai, June 28. evening resulted in the surprise of In" recent years economists, fin- a gang of armed robbers whilst ancial experts, and industrialists to-day prepared for the annual budgetary combat with the War they were still engaged in looting have generally agreed that a small Chinese house. In a gun- | remedy

Office, as reports gained currency for China's adverse

that the army intended to ask for battle which ensued, three met balance of. trade is essential to their deaths, whilst R Chinese combat the acute financial crisis an appropriation of more than detective was injured in the tigh in this country. With the temY.614,000,000 in the 1936-37 scal porary lull in the present banking year, the amount allotted to the crisis, public attention has once army this year is Y.491,280,000. more been directed to the problem asked by the War Ministry for next year's expenditures in Manchukuo, on the ground that the situation in the new Empire calls for con- tinued expenses, it was learned from reliable sources.

and stomach,

Information was received by the station shortly after 7.30 pm, that

of how to balance China's foreign trade.

In the opinion" of Dr. P. Y, Ho, Director of the Bureau of Foreign Trade of the Ministry of Industry, to remedy China's unfavourable trade balance greater efforts should be made in increasing her export trade than in cutting down her imports. Getting down to brass tacks Dr. Ho offered a few suggestions:

SOME FACTS

Of the total, $7.140,000,000 will be

In addition, the army will ask for Y.254,000,000 for ordinary ex-

penditures: Y.100,000,000 for the armament replenishment pro-

strengthening of the air force; and gramme; a similar amount for the

Y 20,000,000 for improvement of war materials.

S E. Levy & Co.

7," IE HOUSE STREET

INVESTMENT BANKERS + BROKERS

NEW YORK COTTON EXCHANGE

COMMODITY EXCHANGE, INC, N.T.

CHICAGO BOARD OF TRADE.

CANADIAN COMMODITY EXCHANGE, INC.

CORRESPONDENTS" FOR

WHITE, WELO & CO., NEW YORK

CHINA COAST OFFICERS

Changes And Promotions

four armed robbers had entered a small one-storey house at 156 Pingliang Road, and were still on the premises. A squad of detec- tives, both foreign and Chinese, immediately rushed to the scene, surrounding the house, which, is just before Dalay Road, within five

of receiving minutes

the alarm. A ̈ search party then en- tered and proceeded upstairs. As they entered one of the rooms, the robbers opened fire, the Chinese detective who entered arst falling

First of all, standardization is Political circles here belleve that with several wounds in the lower

needed. It is common knowledge | the War Chice will insist that its part of the abdomen and one on

be that the secret of success in trade estimates accepted without the inside of his thigh.

of goods, changes, because of the alleged The fire was returned by the lles in genuineness

honesty gravity of international situation. detectives, who fired in all slightly cheapness of price and

in business deaung. The sad over fifty shots. One of the rob- bers, attempting to escape by the story of the decline of

tung off an adjacent Chinese silk, tea attic and roof to house, was seen by detectives post- trade in foreign markets in recent ed outside. He was greeted by a years serves as an excellent illus- fusillade of shots, and fell, mortal-tration of this point

'Because of lack of standardiza- tion in quality, Dr. Ho pointed out, estimates, which, according to re- these once-famous Chinese pro-ilable reports, will be about Y.700,- ducts have not met the require-000.000 as compared with .530,- Klating, has gone chief officer.

000,000 in the budget for the cur-Hupeh. ments of foreign merchants.

rent year.

ly wounded, to the street "below, dying shortly after.

TWO SPECTATORS HIT·

Naturally enough, when the shooting commenced the street emptied rapidly. Two coolies, how- ever," "failed to reach safety in time, and were wounded by the fiying bullets. They were taken to the the Sacred Heart, Hospital of where they were pronounced not to be in danger.

The Reserve Unit rading vans cruising in the Western District was informed that a shooting affray was in progress, and arrived on the scene shortly after the de- tectives had entered the room. Its crew found two dead men and one mortally wounded.

The house entered by the rob bers is stated to be a very low class dwelling, and, "as the oc- cupants were of the 'coolie type, the actual amount the robbers could have made off with would have been very small.

And

PRODUCTION COST

Ometals of the War Ministry are the to meet to-morrow to discuss the estimates to be presented to the Finance Ministry for approval

The second point which may be mentioned is the decrease of pro-

cost, auction

Dr.

said. Ho

Whether or not the merchandise or a nation can stand on its own in foreign markets entirely de- penas upon its competitive capa city. Dr. Ho defines competitive capacity of a product in terms of its low price and superior quality, and the only way to achieve low price is to reduce its cost of pro- duction.

Summing up. Dr. Ho maintains that the promotion of China's foreign trade also depends upon

economic rapid

reconstruction within, because only the consoll- dation of the economic structure

at home can increase the exports, of Chinese products and at the

The Finance Ministry will have another battle on its hands when the Navy Office presente its

CHINA NAVIGATION CO. Capt. F. Gibbs, of the Sinklang, has gone command, Chungking.

Capt. J. S. G. Brown, from re- serve, has gone command, Sin- klang.

Capt. 1. Newton, of the Chung- king, has gone sup’y master, on reserve.

Mr. A. H. Finnle, chief officer,

Mr. R. L. Stenner, chief officer, Hupeh, has gone chief officer, Klating.

Mr. S. Steele, sup'y chief officer.

L

Mr. K. Takahashi, 81-year old Finance Minister, is known to be vigorously opposed to further in- creases in military expenses, which from in transit, has gene chief have grown from 27 per cent, of | officer, Kiangsu the total budget in 1930-31, prior Mr. S. Duff, chief omcer, Klat- to the Manchurian. Incident, tong, is an home leave. 48.6 per cent, in the current year, Mr. R. N. Learmouth, sup'y chief

Although the entire budgetary outley has increased since 1880-31 by 27 per cent, the portion allotted for national defence has grown by 130 per cent.

DRUGGED BY SPEED

The fourth robber was still alive same time enable native products The Last Letter Of

at a late hour last night, but he is to substitute foreign goods in the

not expected to last out the day. | home market.

as the central portion of his body | China United Prom (by mail).

prised the robbers' armament, and it is estimated that they fired be- tween twelve and Afteen bullets at the detectives on the stairway and in the street in their futile attempt at escape.

Do,

500

Cotton Mul

Ewo

168

Susi Cotton(old)S.

304

$40

{news.

381

Long Singe

Wing Un Textiles(8.)

$35

Public Utilting

is absolutely riddled with bullets.

$13.00

$13

A revolver and two pistols.com-

Post Teams (okl) .......

$84

Do.

(Dew)...

$76

701/77

Star Ferries $764

317

Yaumati Ferries

317

$8.50 $ad

„China Laghita i................. $8.75

"H.K. Electrica

558

$224

"Macau

Jo. Samlaka Lights ...........

$21

relojes (at) ...

521

$20.80

18.20

11

Du___ (now) w} $8. Jules Buses............28.

10/8

22/8

581

Malabon Sugars in

$19

Caldbook," jord.) 5.

$13

Mucgregora pref.)8.

$1.80

Canton lee

$1.40

Cements

Ropes

Dairy Farma.............

$1.85

Ch. Etainments...............

170 uts.

... Da.

37

+44

16.80

**

33.10

70. ube.

32

31.35

D. C. Enterprises

$18

prem

$7V

Do. (pret.) 101997'

Industriale

(315

Mianellasseom

Ámusemente ..............

$1.40 Constructions, (old)

(new) 25 cts. Lane Crawfords......” .. $21

Macintos vers

Nanyang Toluso..

sinceras pusekakor 36

Watsonsinma

Wo, roweld join

AL. LäreyhoundÍN ................

92%. Uh.G. 5419250.9Bda 91%

H.K. Gart, 4%Loans] 8'},

31%

Wallace Harper......

HK. Wing On

S'hal Do.

Vibro Pileng

EUROPEAN BITTEN BY A PUP

$1.10⋅

10

+7

$34

$5.40

$3.28

55 ata

$1.35

#62

#82 $3

The number of emigrants leaving the Colony for the Straits Settle ments during the month of June was 7.129.

CHURCH WAR IN GERMANY

Special Department To Investigate

(Special to "Hong Kong

Daily Press") ||

Talo

1894.

THE SALE OF WHEAT

Board To Take Control®

Ottawa, July 5. The Senate has passed the Cana- dian Wheat Board Bill, under which a Board will be established to control the sale of Canadian wheat.

Speaking in the House of Com mons, Mr. R. S. B. Bennett, the Prime Minister, assured the House that the Board would not launch out on a dumping policy to liquid- ate the Canadian wheat surplus at "fre sale prices. There would be no dumping on the world mar- ket, be said.

(By Telegraph, Copyright, graphie. Meirages Ordinancs, Beceived, July 7, 4-30, a.m.)

Berlin, July 6. The regulations for carrying out the new law recently passed Wheat holding of approximately by the Reich Government and two hundred million bushels are providing for the creation of being taken over by the Board special department at the Minis-

from Canadian co-operative wheat try of Interior for the settlement producers.- of legal disputes arising out of Beuter. the conflict in the German Evan- gelical Church has now been pub- lished.

under the regulations, the department will be composed of Three members who are to be ap The RMS. "Empress of Japan" pointed by the Reich Minister of (from Manila) is due here at 6.00 Interior and must be either jurists am. dr the 10th July (Wednes

day), and will berth at Kowloon or-high state officials,

the new

SHIPPING MOVEMENTS

In the case of a legal dispute Whart. Dr. Wong Hok Nin, Medical In- arising, the department will give spector of Schools, is proceeding all partes concerned, as well as on furlough to Japan aboard the the Regional Church and the

The RMS. "Empress of Russia" left Yokohama on Saturday, is

Whilst out hiking, Mr.K. Jones of King's Viļa" Hotel, Carnarvon Road, Kowloon, was bitten by a puppy in the vicinity of the Kow- loon Waterworks, on the Old Road leafing to the New Territories

In a report to the Police. Mr. Jones said that whilst proceeding along the road, near the Water- works he saw three puppies play- ing near the roadway. One of them bit him while he was playing one of paratyphoid fever were

reported to the Health Authorities It is hoped that the new insti- for the 24 hours ended on July 5.tution wis be instrumental in

adjusting the differences all pre vailing in the German Protestant Churches

ss. Fresident McKinley-to-day. Evangelical Reich Church as op due at Vancouver on July 15, He will return to the Colony on or portunity of stating their respec- about August 2

tive viewpointa,

with them. The puppies in ques tion belong to Kwok Wing, a fore- man employed at the Waterworks. Jones was treated by Dr.

"Three cases of enteric fever and

Hotel ma

dog were removed their statikok for observation

The department may then pro nounce its decision which will be

the law courts binding, or o refer the matter to

Transocean Avo Min.

leaves on July 27 and is due here on August 14,7"

Lawrence

(Special Air Mail Service

London, June 22 These are the concluding sen tences of what is believed to be the fast letter written by Colonel T. EX Lawrence (Lawrence of Arabia).

"You wonder what I am doing Well, so do 1, truly. Days seem to dawn, suns to shine, evenings to follow, and then I sleep.

"What I have done; what I am doing; what I am going to do, puzzle and bewilder me.

Have you ever left like a leaf fallen from a tree in autumn and been really puzzled about it... ? Peace to me and peace to everybody."*"

The letter, read by Sir Ronald Storrs at a literary luncheon in London yesterday, was written to & friend shortly before Lawrence inet his death.

AN INVENTOR |

Sir Ronald said that there was in existence a motor-cycle, which Lawrence had built and which car- ried ten improvements invented by him. But he had, never ridden it

Lawrence," added Sir Ronald, "never smoked or drank, but usēd one drug-the drug of speed which cost him his life."

The suggestion that Lawrence owed his success in Arabia to the money at his disposal was mentior ed by Captain B. H. Liddell Hart, who said:

"That gold amounted to less than half a million pounds and the criticism is a foolish one which is only made by people who are ignorant of history, for perhaps never before has so small an amount produced so great are sult."

GIFT TO CAMBRIDGE UNIVERSITY

The R.M.S. Empress of Japan"

London July.6. The Vice-C ncellor of Cam Vancouver, BC, via Shanghai, will leave here for Victoria and Kobe Yokohama and Honolulu atbridge University has receiv 1.00 p.m. on the 12th July (Friday) from Sir John Biddeley the

The BlueTunnel steam ship Taiping will currive from Manis to-day.

of £10,000 spread over seven years

developmen to help

of aer nautical research in the Univers

British Wireless

SHIPS IN WIRELESS

· COMMUNICATION

The list of ships expected to be in wireless communication by the Government Radio Office with Hong Kong on Saturday?----

Hiye Maru, Empress of Japan,„ Tal Ping Yang, m/s Tisnaren, President Grant, President Fierce. President Garfield, Sphinx. Asama Maru, President Hoover, Hakoraki Maru. Shun Lee. Agamemnon. Katie Moller. Lushan Maru, Etha Rickmers, Haruna Maru, Canton, Argun Maru, Yat Shing. Nellore, Kulmerland. Malayan Prince and Nankin.

Eight Chinese match manufac turing concerns have established a joint office at 33 Szechuen Road

for the purpose of adjusting pro- duction and sales. The eight con- Great China, China, cerns are

Cheng Dah. Tung Sul, Hui Shat.

Dah, Hua, Ming Sun and Dah Ming

Japanese competition and the officer, from reserve, has gone chief depression have been working omcer, Nanchang.

havoc in the Shantung match Mr. W. C. Dyer, sup'y second offi-industry, say Chinese reports. Six cer, from reserve, has gone second Chinese factories have recently officer, Kiating.

been forced to close, throwing

Mr. A A. Baxter, sug'y second 'officer, from reserve, has gone sec- ond officer, Nanchang-

1,000 workers out of employment.

A

-

瞰

A brorize equestrian statue of Mr. G. E. Gourlay, second officer.General Chiang Kai Shek has been Kanchow, has gone second officer, unveiled in Hankow.

Kingyuan.

Mr. D. Keating, second officer, Kintang, has gone second officer, Sunning.

1

Mr. R. E. Selwyn-Jones, second gone second

officer Sunning, has cfficer, Kintang

Mr. K. Macleod, second omcer, Kingyuan, has gone tura omcer, Shuntien

+

*

*

Before leaving to take up his post in Berlin, Mr. Ching Tien Fang, the newly appointed am- bassador to Germany, will fly to Chungking to report to General Chiang Kai Shek.

#

+

A pilot of the Japan Air Trans- Mr. P. Cemaron, supy second port Company was killed instantly plane crashed into a engineer officer, Nanchang, has when his gone sup'y second engineer officer, house at Takehanacho, in Gifu prefecture, recently. It is believed Kintang.

Mr. C. W. Bainbridge, sup'y sec-he purposely flew low in order to ond engineer atticer, Kiungcnow. The machine burst into flames wave greetings to his sweetheart. nas gone acting third engineer officer, Liangchow.

Mr. H. MacDonald, acting third engineer, Shangtung, has

gone sup'y second engineer omter Kia ting.

immediately after the impact, and the blaze spread to five other houses, completely destroying them. The pilot, Toru Shichi, is said to have been in the habit of flying low whenever passing his sweet- heart's village.

Yuan,

Mr. J. E. Smith, third engineer officer, Liangchow, has resigned.

Mr. J. Hutchison, acting third engineer officer, Hoihow, has gone former military, governor of Klang-

Generak Chen Kuang

acting third engineer officer. Kiungchow.

si who has been living in retire- ment in Tiental since 1922, is res Mr. H. McD. Watson, third en-

ported to have been arrested in gineer officer. Chungking, has gone Peiping in connection with a law- third engineer officer, Holhow,

Mr. G. G. Young. sup'y third en-suit filed against him by his brothers. General Chen ́is reputed gineer officer, Hsin Peking, has to be enormously wealthy. Hig gon acting third

engineer of-brothers charge that he has re- nicer, Kanchow...

fused to divide property belonging to the family,

Mr. R. F. Swain, sup’y third "en-

gineer officer, Hald Peking, has gone acting third engineer officer, Nanchang.

Mr. J., F. Fry, sup'y third engin- eer officer, from short leave, has gone third engineer officer, Shan-

Mr. Sheng Chi Tsen; acting chley officer, Tai Bhun, has gone second officer, the same ship

Mr. Lak Tral Kao, acting second. officer, Tai Shun, is on reserve."

Mr. Chang Chuen Tung, from short leave, has gone chief officer, Kiang Wah,

INDO CHINA. S. N. CO.: Mr: T: Wilkinson, from reserve, nas gone chief officer, Blangwo.

Mr. B. Schofield, chief officer,

Mr. Yu Ting Yuan, acting chief Siangwo, is on reserve,

Mr. A. M. Marshall, chief engineer, Klang Wah has gone sec- eer afficer Hsin Changwo, has gone ond officer, Hsin Klang Teen chier engineer officer, But wo

Mr. W. W. Colquhoun, acting chief engineer officer. Sutwo, has gone second engineer officer, the same ship,

Mr. Ling Talang Ju, acting sec2 ond officer, Hain Kiang Teen, has gone third omcer, the same ship.⠀⠀⠀ Mr. Woo Hien Tsou, has gone acting third officer, Hsin Ming.

Mr. Lá Chang Well from short

Mr. A. H. George, second engin eer officer, Sulwo, has gone second leave, has gone third, engineer of- engineer officer, Leesang,ficer, Elang Shun.

Mr. J. B. Maxwell, second engin-Mr. Tsien Kwel Tong acting ser oneer, Cheksang, is on short third engineer oficer, Kiang Shun, leave::

is on reserve,

Mr. J. Copland, acting second

ter Leesang, has gone. engineer officer,

BOHANTS BN.CO.

officer, Tas

Young Webster

is the feminine

of bac

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