1936-08-29 — Page 12

13

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Jaye

Balipen

Net

$1,570

$1,375

2103

EIS

£31

214

$75

FRIDAY. AUGUST 28.

Banks

Н.К. Вацку

onareproKCTS" Association

Bo. (London) ....... Chartered Banks ........ Meresatika Bus. “A”

Do.

Bank of East Asia.......

N. O. & S. Banks ....

Insurances

Bagers

Beller

Aslen Bamla

$1,670

2102

1918

£31

£14)

#78

191

136

180 ota

$270

Cautoa IndarANSE...

15671

$560

Union Insurances... $550)

Underwritern

KATAL

$462

Ghina Fires

$940

H.K. Fires

1457

$250

13

International Axvce, S.;

***

rt

Shipping

130

Douglase

Steamboa

130

Indos (prof.)

$20

Do. (def.)

Waterbom

15 cta.

Balators

1:a.

Gold River.

!!!!!

65 sta

103/71 Shell $12

Mining

9/9

35

21

13

H!

01.70

5101

411

$30

$3.90

$30

$20

105/7) STY 20

144

10 eta

9 cts

52 ct.

$13

Gold Creuk......

theta. Salacots

20 ots.

314

Kailan COMPARE Langkat (single).

Exploratiuar... S. Shanghai Loans 5.

Venezuein Gold Fidn.

Dacks, Wharves,

Godowns, etc.

H, K. & K. Wharves. Do. (old) Do. (new)

Providents (okl)

Do. (no)

H.K. & W. Docks

S. China Motors A

$81 Shangai Docka S.

New EngineeringsS,

Hongkow.

Lands, Hotels, and.

Bulidings

H.K Lands......8. $35

Metropolitan Lands..

H.K. Realties....

China Du....

Do. Debentureas. Humphreys

Chinces Estate......

Cotton Milkm

#185

****

*******

3102

10 ot..

91-

#1 90 10 otz SILL

$91,

30

$3.76

$10%

$4.89

39)

13.70 5.70/1

H.K. Hotel.

$35

$100

Do. 4% Debentures

$13

Shanghai Lands...8.

$10

34.70

160

19

481

173

Ewon

18

370

S'ham Cottons(old)S.

$70

$30

Do.

(DOWS.

$30

$18

Wing On Textiles(S.))

326

Pubile Utilities

12.40/

Tramways.........

I d

312.30

Peak Trains (old) ........

(new)...

154

21

Star Ferrion

491

$201

Yaumati Ferries ...

#21

Chins Lights (old)

$8.90

Du (aew)...)

53/54

HK. Electrics......

$18

$831

39

Macso

do.

Sandakan Lights ...

::

918 Zoong Sings.

310 310 310)

Tolophones jord

E Du. (now)...

China Bux

Traction

Do.

(prot.J......

Industrials

Malabon

$19 Caldbeck,

Sugars .... (ord.) 8.

815 Macgregor) (prof.)8.

Canton Ices

Cementa

Miscellaneous

$211 Dairy Aerɑh verma

Amusements ......

$3.80 Ch. E'tainments................ Constructions, (old)

Do.

Lane Crawfurda...

Mackintosh

Nanyang Tobacco..

རྩེམ་1།1・ཚོ་ངྐོཀཽདྷ27 ཨོཾ།

Bioceros *****

$3.90

Watsons

40 ot. Wm. Powell

prem.

SL. Greyhounds.....

3. C. Enterprises

Ch.G. 5X1925.4 Bda

HB. Gort. 4% Loans

Do! 31%

B.K Wing Ge

Vibro Piling

Wallace Harper......

S'hai

BRITAIN AND

EGYPT

Press Opinion

Treaty

On

London, Aug. 28.

Warm congratulations to the Degotiators of the Anglo-Egyptian Treaty are offered in appreciative leading articles in the morning

generally, newspapers

although the "Daily Mail" and the "Morn- ng Post" are critical.

The "Times" says the impor tance of the Treaty cannot be exaggerated, adding that the con- version of the uneasy. unequal and uncertain association of the last eighteen years into a friendly

Dio.

ורי

20/6

HONG KONG DAILY PRESS, SATURDAY, AUGUST 29, 1936.

FUTURE IN JEOPARDY

Apprehension Felt For Kowloon Golf Club

SHOOTING

V. GOLF

The future of the Kowloon Golf Club is in Jeopardy, Judg lag by the remarks made by the President of the Club, Mr. H. B. Mundy yesterday at the annual general meeting held in the West Lounge of the European F.M.C.A. Mr. Mundy was supported In the chair by Mr. A J. Dennis. Captain of the Club, and Mr. W. Stoker, Hon. Secretary.

་

Referring to the use of the rifle rante on each and every Wednesday by the newly formed Hong Kong Rifle Association. the President expressed his opinion that it "has been practical- ly it not entirely responsible for the revenue diminution and the subsequent low balance of $2.04 in the income and expenditure account."

"I regret to say so sald Mr. Mundy, "but li is my view that to continue operating our Club in these restricted lines with

our constant overhead charges will bring forth a repetition of simlar bad results, as in the period under review. in the years to come."

LEAN YEAR'S

WORKING

D

Hong Kong Rite civiilan association:

League. from using the range.

11

DR. SCHACHT'S VISIT

Press Outlines Benefits

NEW

YORK

ווי נ'

STOCK

AN KEZÉSEAU Renieru konc

Now York: August 18

QUOTATIONS

New York/London Cross-rató Now, York Cotton-Out. New York Rubber-Sep. Chicago Wheat -Sep. Chicago Corn Silver-Official

-das-

Dow Jones Averagen

So Industrial

20 Rail

90 Utilic

40 Bonds

EXCHANGE

Li Today's High Low Close Close Change

-6.03-1/32 5.03-1/32 unchanged 11.50 11.39 14:43 1148 .us up 18.9 18.1 18.93 16.58

.04 pp

112

11117

111 110 118

1101

g up 1 off

unchanged

1936

Aug. 27

stiga.

Low Aug 26. Higa Low Close Change 170.15 143.1 16331 18094 163,21 188.77 3.45 up. 53.85 69.83 63.81 1.35 up 34.36 33.67- 34,16

35 up 101.04 :13 up 88.79 Ut up

88 10,88 545 3806, 28.23 33.80 103.87 8.2 103.82

11 Commodity index 68.37 88.50 6872

Hong Kong Daily Press" Special)

Berlin, August 28. Dr. Schacht's Visit to Puris aftocos e residents of the two ranks the opportunity to continue the work begun la Berlin

and Srengthen the relations between the directors of the two institutes. says the semi-official "Diploma- tisch-Politische Korrespondenz."

Referring to the incident of the letter addressed to Premier Leon Blum by the Secretary General of the French Communist Party, the "Korrespondenz" expresses gruti-Adams Express cation that the Premier rejected the phrase that "the meeting with Schuen, was not comformity with the dignity of France," with the "Commendable statement that the will for peace was well in ac- cordance Wich the dignity of France."

their

10

"Germany acknowledges the re-. jection of the obvious attempt to sabotage with all the greater satis- iaction, since the Premier's view is in full accordance with the German People's attitude towards western neighbour. Bv underlining that he is determined to proceed unheedingly on the way to, reconciliation, the Premier at- tests that the visie of Dr. Schacht 'stimately likewise serving this greater end.

the realisation of which is also sincerely desired by Germany."--

Stocks

Amer. Can...... Amer. Cyunumid

Am. & For, Power 61 Am. &, For. P. $7 pr 34 Am. Light & Trac. Amer. Locomotive... Amer. Radiator

Amer. Roling M.... Amer. Smelting...... Ain, Sugar Refining 175 Amer. Tel. & Tel.... 102 Amer. Tobacco 'B'...

Anaconda Copper Amer, Waterworks...

Atchison, T. & 8. Fe. Atlas Corpn. Auburn

In explanation. the President has been of benefit not only to the continued: Our tenure of the Military Authorities but to the ground over which we play golf Colonial Government. Is a matter which has become the

In 1924, owing to representa paramount topic of conversation tlons made by the Club, the then and debate among members and IG.O.C. Major General Luard, res- Tee it is now or so vital impor- trained the tance to members, and residents in Kowloon, in general, that it will bear some amplification, and in

LOSS OF REVENUE order to clear up points which have been raised on the position, referred in a previous part of my The loss of revenue, to which I I will give, as briefly as I can. 3 speech, I repeat. is in history of this area of land now measure due to the curtailment of known 1.8 the

Kowloon Rifle golfing facilities on Wednesday facilities in Kowloon generally and Canadian Pac. Rly. 11 Range, but which the majority of afternoons owing to the ranges this Club in particular: us prefer to designate the Kaw-being used for regu ar loon Golf Club.

shootings,

no small

or other

Tranvorens News Service.

CLUB ACTIVITIES In the year 1913 an agreement

The use of the ranges by regu-

Dealing with the accounts and was entered into between the Colonial

iar troops could not be taken ex-

Club activites the President said Government and the Military Authorities to put in pro-

ception to. but when the anges in part: I would ike to make 4 jew per order the tenure by the Mill-Rifle Association, also

were allotted to the Hong Kong observadons and to review briefly a civilian the Club activities during the pre- tary Authorities of the Kowloon body, of which I understand a sent year. In connection with the Rifle Ranges-these ranges had

very low percentage of members is

Paying Grounds Association, a been used by Military entirely

civillan. the matter was taken up notice was posted in the Club the year since

1903. The site

by your Committee with both the House inviting members to support Hong Kong Government and the this worthy object with subscrip- tion limited to $2.00. This, appeal, Military Authorities.

From both there Authorities. I regret to say, did not receive the your representatives had

sym-

support. anticipated, and it is to pathetic hearings, but, Gentlemen,

our worthy Hon, Secretary I submit that sympathy of itself the palm must be awarded for is insufficient, and we must have devising and formulating a prize something more t..ng ble than an

draw to boost our small donation expression of compassion. Things ist. With the help of your Cap- have progressed no further than they were at the time when the Rifle Association commenced

agreed upon for the Ranges is the area at present so occupied and as stated a formal agreement was entered into that year between the Hong Kong Government and the Military Authorities I think I am right in saying that the agreement was binding on the Hong Kong Government over a certain number of years to re- frain from any interference with the Military in their enjoyment of the Rifle Ranges.

."

to

tal:

upset the Wednesday afternoon's | acts

these

thac

were

various small gifts were begged from the various private Arms with whom your Club trans-

bueness. and raffled on a given date" and no less In the past we must admit tu than 123.00 was raised · In. this having received generous support manner for this deserving cause. On behalf of your Committee I

golf.

On the termination of that period of years in 1920 the holding was, as now, on a yearly basis. I think I am also correct in stating that if the Military are required manding the Troops who have would express thanks for the man-

to remove from the:

a

$1.80

$10 13.70

$3 70/80

$211

$17

$3.90

13.6) 33- 134.15 |BA sta.

$108

1.

$1004

580

豁

Ranges

the Government's request, the Military Authorities have to be compensated for the outlay they made on the Ranges and be provided with another suitable area for use as a Range. The agreement also contained- a clause stating that the Range was to be used by regular troops, but that Volunteers would also be per- mitted to use the Range. So far as I can ascertain, the area was laid out as a rifle range and used fully as such until shortly after the war period.

PERMISSION IN 1924 Certain it is however, that when this Club was permitted. to play golf over the ranges in 1924, these ranges were in: a derelict and de- solate condition.

from the vartons Ofcers Com-

sympathised with us in our res- tricted facilities.

ner in which the members rallied to support this worthy scheme. - New System

0

Busines Done: --1,340,500 shares.

Last Sale Aug. 26 27

Last Sale

Stocks

Aug. 26 27

.....

131 13'

Western Sagar ...

35+

121 122

341

Humble Oi

653

.. 663

341

Int. Harvester Co.

6

int: Nickel

53

347

Int. Tel. & Tel.

121

283 301

Kennecctt

457

2

221

Loew's Inc,

57

267

271

Lorilard

223

82

84

McKesson & Rob-

57+

594

Dins Inc.

441.

174

Monsanto -Chem.co.

93

1011

Montgomery Ward....

44

II

231.

244

Nat, City Bk.

411

421

371

331

Nat

Dairy Prods...

271 ห

781

80

Nat. Disti,iers

29+

271

Nat. Power & Light

111

132

14

New York Central...

40

201 303

North Americum ..... 301

Bethlehem Steel Baltimore & Ohio...

Boring Airplane Co Borden Co...

213

221

Northern Pacifc

2+1

031

67

Facilc Gay đi E có

381

271

291

Facile Lighting

532

30

201

Packard Moto

104

Bklyn Manhattan

Paramount

Picture

Trans Corpn.

511

511

Incor.

B

Bklyn Manhatian

Pennsylvania

R. R

371

$6 cum. pf. ***.. 104 Casc, J. I,

· 1035"

Phillips Petro.cum

411

1404

158

Pure Oil Co

45

451

112

Pub. Service of N.J.

181

Chase Nat. Bk.

464* 471

Radio Corpn.

103

Chesapeake Corpo.

813

834

| Radio

Corpo

45

Chesapeake & Ohio Chrysler Columbia Gas, & E

65/

661

$5 of

981

101 *

110

1134

Reynolds Tub "B"..

58

201

211

Schenley

441

C. G. & 5, 6% *A*_pr_1054*

105)

Schenley 54% pl.....

3X

99

Commercial Credit 73 Com. SolventS Comm. & Southern

74

Seara RocoUCK

81

151

161

Bocony-Vacuum

13

Sthra. Cal. Edison

302

Lord,)"

31

31 Sthrn. Paclic ......

39

151

(ord." $6 cum. pt.

70)

Consolid. Gas of NY. Cansalta." Ou

41

Stand Gas Y Elec Stand. Oil of NJ....

71

622

12

301

671

Sterling Prods. Swift Internationa. Technicolor

721

302

28

81

131

Texas Gut Bulphur, 382 Transamerica 20th Cent. Fox Film.

13

13

comm.

283

201

691

20th Cent. Fox Fim.

pt.

37

#34

Comm, & Souther

Continental Ou Corn. Products Curtiss Wright,, 'A'....... Curtiss Wright (0)

Delaware & Hudson «42) Distilers Corpn. Sea-

grams

Douglas. "Aircraft

Du Pont de Nemours. 1553 Electric Boat........ Elec. Bond 2' Share lec. Bond & Shar

ដ្ឋធ្វើផ្ទះ ធំនិងវិធីឆ្លផ្លូវ ន

Stand, Brands

Un. Carbide "& Car-

boa

Un. Pacific 1381 Un. Aircraft (New)

483

131

21

241

$5 p.

71"

Elec. "Bond & Share

70 * Un. Airline Trans...

Un. Corpn.

161

7

58. pl.

834

821

Un, Corpn. $3, cum.

Eec. Power & Light 14)

147

Epi.

Fintkote Co

"341

35

Un. Gas Improve-

Gen. Cigar

53**

534

mènt

101..

Gen. Electric

451

461

U. . Indus A cohoi

351

Gen. Foods... Gen. Motory

381 39

U.S.. Rubber

287.

601

661

U. S. Steel

661

414 434

Vanadium

224

141

147

Ficta.

121

Goodrich Tyre Co.. Goodyear Tire & R.

. 231

241

Glec. 133

231

G. Nthern Rly. pf. 38 very

241 40

+ ex. div.

• Bid

whether

In the present circumstances. with the definite addition of two further enhanced during the year matters are unsatisfactory and The amenities of your Club were battalions of troops, as notified under review, by the introduction latterly in the. Press. which im of a

system whereby members pites that increased range accom- ctuld purchase hot tifins during ture appears anything but roseate. has proved a modation will be required, the fu- the week ends. This introduction

success and

pectfully suggest that Government In this connection I would res- much appreciated by all

be approached with a view to the extension of the ranges to the North-East such

in

Д manner

that, when in use, these would not interfere with golfing and Incl- dentally permit of Bring at all times by Military or Civil Bodies

USE BY COURTESY ONLY

Ladies Section

41

16

.

The year under review has not been one of the best in the Club's history for the ladies, as owing to further restriction on our playing time, by increasing

use of the

Gen. Rly. Signal"

3 but

Warner Bros. Westinghouse

Call Mone,

1%

20988886 * „5858 8 X 88788A8E286-¤, ****** *********8* C**RE SEN

U. S. ATHLETE'S RECORD

382

Oslo, Aug. 27. Forrest Towns, American athletic marvel, who established a record uf 14.1 seconds in the 110 metres hurdles at the World Olympics this month, considerably impro- ved on this figure here to-day when he won a similar event in the astounding time of 13.7. Be- conds... Beuter.

Concerning the Ladies Section, facilities were made for them to One member nsked entertain ady members from the other sites were available for a Country Club and though Our golf course, to which the President. ladies were not very successful, I replied: I don't know whether I understand that a pleasant day am in a position to say this. Two was enjoyed by al A further delegations from the club have attempt was made by our feminine attempted to look at other sites. I want you definitely, to under-friends to stage a foursome com- but nothing has materialised, stand that we are, and always petition. but I regret that this had The have been, allowed the use of the to be abandoned owing to lack of

President informed the Ranges for purposes of gulf by support.

meeting following" further' discus courtesy of the Military Authori

slon regarding the future of the club. that Col, Harrison, G.8.0.1 had given permission for a Civilian body to fire on the ranges on Wednesdays and nothing so far 24 he was aware, could be done re- garding cessations of the practice, until the order was relinguished. The golf club had expended in the many years of its sojourn at

Paris, Aug. 21. Kowloon City, some 240.000, 80,000 The Arst meeting of the stock- of which had been spent in recent holders of the Banque de France actual capital in

The under the new regulations recently the bunk was approved by Parliament will take he $3,000, and (the President) place on October 15, when two would hate to see this be given up members of the General Council without a fight.

and three advisors will be elected. Mr. F. C. Härty seconded theThe meeting may turn out to De a muss meeting, since the new re- adoption of the report which was carried unanimously:

gulations, give every one of the 40,. 000 stockholders the right to vote. Transocean News Service.

Our thanks are again due to the

Malaria was rampant, and the Military Authorities were disposed to, and in fact did. make applica tion for an area in the Shing Munties and all we "possess," If such a District, and I can only assume word can be used, is a "Gentle- that no transfer was made due to man's Agreement" ated our only alliance between two equally in subsequent Improvements made on hope is that the generous support dependent sovereign Stutes is a

the land by this Club.

I have just referred to will con- shooting ranges, their keenness However, to free the matter of tinue, and in this respect our has naturally diminished and the diplomatic success upon which

this permission from all argument thanks are particularly due to reflection is shown by no less than. both Governments and their re-it was understood from the begin- Colonel Harrison, G.8.0.1 for his 28 resignations from lady members, presentatives are to be warmly ning that golfing facilities were sympathy towards us in the past. during the current year. congratulated.

tu be subservient to the rifle I therefore feel it my duty to The "News Chronicle" says the shooting of regular soldiers and bring to your notice the possibili-Y.M.C.A. Authorities for granting improvements on the course. Treaty is even more satisfactory Volunteers.

tles of further restriction (owing your Committee the enclosure for than had been expected. The ne- In spite of a financial uphill to increased Military requirements) holding their meetings, gotiators of both nations are to be fight, in which the Hong Kong so that you can consider the mat- Without these faculties, many congratulated on their wisdom Government kindly assisted with ter with a view to giving your meetings convened. would. I am and moderation.

the donation of $5,000.00 (Bir Ed-representatives some indication of sure, be dismissed for want of a .The "Dally Herald" believes that ward Stubbs was Governor at this the line of action you wish them quorum, and on behalf of your

ass opinion in both countries time), the Club progressed and to adopt.

outgoing committee, I wou'd regis to those I need hardy reiterate that the ter our appreciation. will be more than sat'sfed that led a long felt want the unhappy-past can now be for who found it difficu't, and impos- decline of a recreational Club gotten.

sible to avail themselves of roling such as this, will react strongly in

CLUB'S FUTURE facilities situated at an incon- Kowloon "where there is at present Mr. Orchard, in d'scussion that The "Daily Telegraph" refers to vealent distance from Kowloon to a dire lack of playing field area followed before the adoption of the the Treaty as an alliance between permit of afternoon or evening for the civilian population.

report, said that from what he' two free nations.

I would suggest that you con-understood by the President's re- As the Club progressed so did it sider the formation of a small marks, the Club was in no sounder cribes the Treaty as a blow to Em-improve the ground over which its sub-Committee, either to be decid- a position than it was 12 years ago. pire security; while the "Morning members were permitted to played on by this meeting. or by the Post" says: "Our worst anticipa- I think in all including the ex- General Committee which you are tions are confirmed. The Treaty penditure on the Club House, that about to elect, with powers to looks more like the beginning a sum of over $40,000.00 has been approach Government with a view than the end of trouble."-- expended by this Club in the im- to ascertaining their attitude -to- Reuter.

provement of the area, and this wards the provision of golfing

The "Daily Mail," however, des-

Golf.

NEW OFFICERS

The election of officers for the ensuing year resulted as follows:

President: A; J. Dennis; Vice- President: W. A. Stewart; Captain: J. D. Thomson: Hot. Secretary

BANK OF FRANCE MEETING

ROYAL RANCH AFFECTED

Pekisko, Alte., Aug. 27. Because the feed shortage In seuthern Alberta affects the royal W. Stoker; Members of the Com-runch, the manager announces that 40 head of King Edward's 160: Scotch-horns will be auctioned, enabling Eastern Canada chasers, unaffected by drought, to improve their herd,- itsuter.

If no definite assurances one way mittee: Messrs. F. C. Barty. D. C. or the other was given by the Wilson. J. McKelvie. W. Taylor. authorities concerned. It would be W. C. Simson, and E. O. Murphy; best for the club to remove, as Treasurers: Linstead and Davis: each successive year would see an Auditors. Percy, Smith, Seth and increase in loss.

Fleming.

-pur-

1.