1935-10-19 — Page 12

12

14

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Bup

Yoga®

Jalan

Nam

$1,030 $1,000

500

$180

$385

$177+

33.10 424

1 t

£18 219)

SnarebrokersTM Association

FRIDAY, OCTOBER, 18. ****

Banks

BeLinco

A

$103 R13)

213)

£1034

213

ri.h. Bauka

*********$1,025 Do. (London) .... Chartered Banks ........ Mercantile Bks. "A"

***

E

Do.

D

Bank of East dais...

201

N. U. & S. Backs

Am. O. Fin, Corp:

Ch. Fin Corp. Ord. 8.

D. Prof. 5.f.

Insuran

Canton Insurso... $150

$1.10

UnderwriterN

11.10

Unton ingurR3005 ...

1382

China Firespected

3380

H.K. Firus

1390

$175

81

International As809, 3.

Shipping

$38

Douglases immens

$35

#4

Stenbolts, k

130

Inion (prot.)

*12

Jo.

$30 312

73,0

Shells

73 9

11

Wasertumin

Mining

$11

70 cts.

Amtamoks

189 cta

514

Bulateos

22 cts.

Baguio Hold....

#10 60

$10.60 Benguet Consolilatsi

13 ct. Do Exploration 8 ots.

De Goldfield

8 st. Big Wedge

8

Gold over

3 cts.

[30

cte

Gold Crook..........

United Paracales ....

***

26 sta

15

Saison Mining

14 ts

90 etapo Mining..

$13

katagamta įsingto) 3.;

Bxgaluralious

153

Saga Loans 3.

10/6 $101 321

Tuls

$3 36} 32.10

38jote. Itogons

16.66

$2.30Yeozuem Goid Fi

172

Docks, Wharton, Godowns, st

INK Wharves.

$70

Do. (old))

Du.

(new)

Provideutz (ulu, ........] 50 cta,

20 cta. Ju.

JU H.. W. Decks"

3. Juturi'a

$72. $70

10 ct.

18+

10.

$80

chigual Dick 5.

$78

$4

$237

New Daɣlavrinkað.

ongewa

4

Landa, Hotels, and

Bulidings

H.K. Hotels

IN LADE... 3244

10.4% Debentures

agunt bad....

Metropolitan Lands..

ப்பு 3,

siumphreys $6,90

Aew das Hotel

ana Bosile "A"

Do.

$100

$13

$10

$4

$4

$35

LJU

frameu? *

**

$3.10

$98

e

:::

125

**d.

$86

Chinus Estates. -----

144

Cotton Mills

$6.00

Ewos

$5.90

160

Ötmi Cottons(vtu,S.

181

$40

110.

140

28

Luous Dinge d

13

#25

Wing.On Leitzice()

$25

Publie Ctilities

$10.eb

$10.70

$10.80

$5

Pojam (ulu) .....

#41

15. 12

t

*18

Star Forties

$77

317

Kauli 'erries

$181

50.10 $521

2.06.10

1 China laghta

$2

H.Koceros

5621

320

Ma

10,

13

*

#18

$111

25/-

9.15 $1.90

iiiii

$19)

$13

$1.00

والد

Sumasaan Ligils .....|

Teleptines (old $17.70

China Bustis......Di

ل اليه

(thew)

Tractions ..

Industrials

36

+

+3. 0

14.70 e d

$4

th

Malabon Bugare ........

Caldbook, tuna; a.i

Mubgregorsí (prol.18.

Caston co Lesti gli Veiento

Kupu..... 1.60

Aliscellaneoma

Dairy Farmon

Amusautemta......

Ub. Etazuniente......)

Construenons, (old))

Ujo.

Lane Crawfords......

Nanyang Touseco...

$2.84 Buceres

Watsandment | 32,90

70 ota. Wm. Powells

M. Greyhounds

5. U. Baterprise...

917 Ch.G. 041926.9Bds. 897

pren. 517

HIK. Goru 4% Lo

Wallace Harper......

4

$1.10

25 cla.

$22

#7

12

31.35

(NOW)

**

31.10 25 ata.

$3

$1.80

156 pts.

Q".

par.

445

*48

$3

Do. 31%

456

H.K. Wing Un

$4

Vibro Pileng

WORKERS' NEEDS

BERLIN SHARE MARKET

(Special to the "Hong Kong Daily Press" (Copyrigki).1

..

Berin, Ocs 17.

Wulu, Oct 2.

HONG KONG DAILY PRESS, SATURDAY, OCTOBER 19, 1935.

THE IMPERIAL AIRWAYS

(Continued from page 3).

licy, which apparently relegat-4,4 speed to he background, or at least to a position not of primary importance, but our record is now he eave of the whole aviation world.

W

In, this respect, I should Uka to mention here that passengers by Imperial Airways' ines can insure themselves at the same rates as they would when travelling train.

by

NO RUSHING Yet despite all this speed, rushing about is apparent to the air traveller. In fact he just sits in the plane at a high altitude in his comfortable arm chair, and sees a slowly moving map below him, with hardly any speed ap- parent at all, and unless it is rough, the motto.i of aying is smoother than anything I know.... far smother than a train or steamer.

For those who may not have used the airways, I think I might

Fur her it is the only commercial aviation concern of its kind which shows the nearest approach to self support, even although its develop-truthfully say that flying over a ment has been continuous and is tr fact constantly accelerating.

"

long route like this is the best way to appreciate the tremendous speed of flying. Our route took- us through France, Italy, along the

USE OF AIR MAIL You will realise, therefore, that from very humble and casual berth coast of Africa through ginnings, civil aviation services

Egypt, Palestine. Iraq. Arabia, have spread nearly all over our

India, Burma: Malaya, Indo-China Empire. within a few years. ► and along the south coast of

China.

to

You may know that train has grown so much that services certain parts of the Empire have had to be duplicated. This has been due not only to the greater demand for passenger seats, but to the greater use of air mol. Business Arms especially, have been quick to appreciate the great practica! savings to be effected by use of the air mall, and in addi- tion the people individually living abroad are making more and more use of 1 30.

SHIPS AVOID SUEZ

War-Risk Premiums

(Special Air Mail Service)

London, Sept 28. Special "war risks" insurance Tales Have been announced at Singapore (says a Reuter tele- gram). Cargoes for the "lochi zone" comprising Mayala, Siam, Borneo, China, and the Dutch East Indles are exempted from extra charge, Steamers of the Prince and Suver lines bound for home are" salling via the Cape in- stead of by Ule Suez Canal,

"There is no quesdon of a ban being placed on the Suez Canal either by the canal authorities or by any Governmen" an official of the Silver Line explained in a rapor.er in London. "Owing to the heavy war-risk premiums de- manded by the companies for car. goes going through the Suez, ship- pers have been forced to consider using other routes. In our case the cargoes are for the United States, and we

SUDDEN TRANSITION Imagine leaving the highly aiviilsed and intensively cultivated countries in Europe, and in a few hours you arrive in Africa and an entirely new world of sandy desert. This desert stretches unbrokenly as far as Central India and then in Burma we have a sudden transition to sodden swamp, and jungle, everything dripping wet and saturated.

wild Malaya is mountaincus country and Indo- China more so, bus probably more fascinating with 1t5 beautiful scenery, dense forest and marvel- lous Waterfils, and we know of became course that it is famous for its wild animal re. The proposed building new, larger faster new route starts at Penang and

Vary soon. all first class mail. matter is going to be carried by alr on Emple air routes, without any surcharge, and to cope with this still greater demand for more elpacity, Imperial Airways are

and

aircraft.

Now I expect you would ke me to say something about the occa- slon of our visit here, which I think has been unique, in that this is the first visit of a commer- clal air-liner to Hong Kong, and incidentally, the first time tha the China Sea has been flown from, Penang to the Colony. And I think you might like to hear something about our flight out from Home, and its possibilities.

SURVEY FLIGHTS

crosses the Malayan Perinsula. thence across the Gulf of Slam to Saigon over Indo - China Tourane.

to

We pass just South of Hainan Island on a direct sea crossing of 573 miles to Hong Kong, and there is no need for me to describe the beautiful Colony.

GREAT TRUNK SERVICES

I think I have said enough now. I have tried to keep my taik free of all technicalities and to give you some idea of Imperial Airways'

have decided to send them via the Cape. If these heavy premiums are maintained we shall of course, continue to send our steamers by that route."

· NEW · RATES When on September 18 Llody's under-writers and the marine companies gave notice cancelling the war

risk cover from "open covers and similar contracts It notice became effective ten days evident that when this

inter some have to be made for reinstating arrangement would

the cancelled risk at rates more adequate to the situation than the purely nominal rates previous- ly in force.

It is now understood that a joint committee of Loyd's underwriters, and the marine companies has been, formed for the purpose of Axing rates which will apply to all open covers and open policies when the notice of cancellation becomes ef- rec ive at midnight to morrow night. The highest rats in the first list issued by the committee

We left Croydon, on the 18th of great trunk services, and of the is 5s. per cent for voyages to, from,

September, and arrived here on the 4th of October, but by rather indirect means, stopping off some days at Cairo, Karachi and Salgon, and then going down to Penang to make a proper start for Hong Kang from there.

The first two flights in both directions are in the nature of surveys, and therefore we have proceeded by easy stages from Penang to Hong Kong, via Saigon, Tourane and Fort Bayard-in this way taking three days.

We are now on our second sur- vey flight, this "time having omitted to call at Fort Bayard, flying from Tourane to Hong Kong direct...

11

immense advantages to be gained by those who use them, and I have tried to emphasise that our methods and policy are steady pr.gress. with safety and

re-

liability first.

Our Right to Hong Kong, which will probably become historic, will.

hope, result very soon In the establishment of still another air link between the Mother Country and this small but important part of the Emplie

or via the Mediterranean and or the Red Sea, but gold is rated at 2s. 6d. per cent for such voyages and registered post at 1s. 3d. per cent. Voyages to or from Aus- tralla, India, and the East via the Cape are rated at 1s. 6d. per cent for cargo, is. per cent for specie. and 5d, per cent, Tor registered pas, and rates go as low 23 30. per cent for cargo on coasting voy- ages,

merchan & obtain insur-

Although I have tried in this Owing to the fact that the bulk talk to give you as much informa- | of overseas trade is now, insured tion as possible, should there be under these "open covets," try any point about which any listener which is not clear, I shall be glad if he or she will write to me here and I shall try to reply to each ques- tion specifically, or if the questions too numeroas, give another talk on a subsequent visit, Good-night, everybody.

are

These flights of ours are purely experimenta'. our 'plane, the "Dorado" being equipped with extra reserve petrol tanks and carrying extra crew and equip- ment. There is no room for pay- ing load which is why, at the moment, we are not carrying any, commercial load, neither passen- gers, mail, nor freight, although to carry the experiment further. If The arrivals and departures conditions justify it, we may not during the period under review adhere to this too rigidly in the later fights.

On our next fight we shall fly under, service conditions, making the run in 14 days from Penang. and will connect with our outward, and homeward services between Singapore and London which con-" veniently cross at Penang. Con- necting in this way, we arrive in Hong Kong within 91 days of de- parture from London.

LOOKING AHEAD

Now as to the future: I have mentioned already that in a short: time we are arranging to carry all Arst-class mail at no surcharge, in larger aircraft and at faster speeds. Still further, to increase the speed, we are intending to supply more hours in the day. At present, we fly between 8 and 12 hours a day, which allows passen- gera to sleep in bed, either at one of our rest houses or in a hotel It is expected with improved

a day. Passengers will be able to sleep on board in specially ar- ranged bunks, and it is anticipated that they will be just as comfort- able as if they passed the hours of darkness on land.

The Wuhu Municipal · Recon-equipment to fly nearer 20 hours struc.lon Committee was official- ly inaugurated yesterday. At its first meeting, the Committee de- cided to draw up plans immedi- ately for the building of model villages, digging of artesian wells, and the erection of sanitary dwellings for the workers. greatoro Min.

The Berlin share market opened erratic but several satisfactory economic reports.combined with the very favourable foreign trade re-urns for September, showing a surplus of 55 million marks put the bourse in a friendiler mood, so that the turnover was than some days, and prices in many cases were better. Fixed Interest Securities were dull and

ed to 171 7/8, German Dye the turnover small, but prices

Trusts declined to 1481. Balzdet- were steady.

furth Potash was unquoted. (Wed- Caff money was quoted at 24. nesday 1833), and German Steel Young Loan was unquoted, (Wed-Trusts weakened 1/6 to 801.— nesday 1.2). Belchs Banks weaken- Tranenceon Kuo Mia,

The time taken to reach. Penang this way will be much shorter than et present, and logically, so will the total time to Hong Kong.

It will, I think. help you to ap- preciate this better if I tell you. that, the flying hours on this night of ours from London to Hong Kong was 74-just about 3 days, and the distance covered was 9.488 miles, which works out at an nir speed of about 128 miles an hour.

were:-

ARRIVALS AND DEPARTURES

Britisk French

Norwegian. Dutch,.. German

I

Art. Dep

S

7

3

Q

3

0

T

2

3

Portuguese

1

Japanese... Chinese

4

2

3

Total

18

18

NEW YORK

ance for a year at a time, declar- ing the nature and value of ship. ments as they are made" the rates now fixed will apply to an enor- mous amount of merchandise 'in transit and to virtually all gold shipments, since gold is seldom in- sured on individual shipments.

or

The rates do not apply to Ita- lian ships nor to voyages which involve loading, discharging. callag a ports in Italy or Italian possessions but, underwriters are free to quote at their discretion on such risks. The fans are under- 8.ood to apply to immediate sail- Ings only, and, since the Rating Committee has power to vary the

rates without previous notice, ma- chinery has now been set up by which merchants obtain complete protection against war risks, while underwriters are protected against being saddled with heavy labilit- les in respect of which the pre- Imlin received is not adequate..

STOCK

AND

COMMODITY QUOTATIONS

New York-London Cotton, December Cotton, May

(Through Renter's Agency)

October 18 10.30 10.45 11.00 4917 4914 491 10.84 10.84 10,85

Last

Close Open

4917

10,79

10.90

10.95 10.94

10.98

Rubber, December Chicago Wheat, December Chicago Wheat, 'May Corn, December Corn, May

12.90

13.00 13.05

13.05

102

1027-

102%

1014

102

1013

597

592

501

591

594

STOCKS

American Smelting

521

Anacona Copper

211

52) 52 52+ $21 21 214 211

J

271 2722710

28

28

12i 121

121

121

121

481

481 481

48

195

Consolidated Gas of NY.

El. Bond and Share

General Motors

Int. Tel. and Tel.

Loew's Inc. wan

481 :01 93-

471 47102471 324 321 321 32 321

218 21 22 451 451 ∙451 441 448 441

Montgomery W.

N.Y. Gentral

213

Standard Oll Co. of NJ.

481

US Steel

441

441

www.

S E. Levy & Co.

7" IOM HOUBE STREKT INVESTMENT BANCHES ♣ BROKERA

NEW TORK COTTON EXCHANGE

COMMODITY STOHANGE, ING. NY.

CHICAGO BOARD OF TRADE

CANADIAN COMMODITY ESCUANGE, INC.

"CORRESPONDENTS TO

WHITE, WELD & Co., NEW YORK

Protect Your

THROAT

and

CHEST

"The Remedy You Breathe

TOP

COUG

Always Keep

A Bottle of PEPS Handy!

of medicine

A deniers everywhera,

Kiesta -- Migenre, Gilinus à Co., Ltd., da. Des. Your Road, Hong Kong.

|BDORMANS CELEBRATO

"GLIFE WATER

From tears

to sunshine!

Sore and throbbing gums often make baby crv dur ing teething, but he is soon soothed with Woodward's Gripe Water.

For seventy-five years Woodward's has kept babies smiling; correcting indigestion, flatulence, colic, teething troubles. Contains no opiates, and is safe for babies of all ages.

WOODWARD'S

GRIPE WATER

keeps baby well

PE, WOODWARS LINzzsoj konsen,

Sole Agents:-W.B. LOXLEY & CO. (CHINA), LTD

REICHSBANK RETURN

(Special to the "Hong Kong Daus prèss" : (Copyright).1.

Berlin, Oct. 17.

gagement, but is attributed to the". urgent need for imports bought against cash.

Food; stuffs did not figure largely in this special outlay, but rather rawstuffs were unprovided The Berlin Reichs Bank returns for in clearing the system. For- of October 15, issued on Thurs- eign currency reserves increased day, shows a sharp drop in Gold | 0.8 to 5. making a net loss of Stock by 5.5 to 88.8 million in 40, leaving a tots of note cover Reichmarks. This sudden decline of 93.9 million Reichs" marks. is not being due, as would Note circalation decreased 76.7 naturally be supposed to the to 3928.9 million Rechs marks. settlement in Germany's sub-} Credit issued as measured by scription towards the League of bills, cheques, advances and in- Nations since the Reichs Bank vestments declined 1080 to 4578.5 would have long before. made million Reichs marks provision for meeting this en Transocean Kua Minginer