1933-05-27 — Page 7

NEW YORK STOCK EXCHANGE

YESTERDAY'S MARKET

STRONG

LONDON STOCK PRICES

MARKET SOMEWHAT

REACTIONARY

THE HONGKONG TELEGRAPH. SATURDAY, MAY 27, 1933.

AIRCRAFT DISPLAY

CAPTAIN A. V. HARVEY'S

· AEROBATICS

The excellence of the Armstrong Whitworth "XVI" was revealed to The following quotations on the the public in a demonstration flight According to Messrs. Swan, Cul- bertson and Fritz, the New York London Stock Exchange have been carried out by Captain A. V. market was strong yesterday. Bus-received by Messrs. Swan, Culbertson nens dono: 4,010,000 shares. The and Fritz in conjunction with Ranter. Harvey, manager for South China The market: Business smaller. The and Chief Test Pilot of the Far Wall Street Journal reports: The introduction by the Administration of markets, on the whole are somewhat Eastern Aviation Co., Ltd., who nat the bill scoking repeal of the Gold reactionary, Standard Act caused stocks to bound upward to now 1033 highs, precipitat-

twenty

May 25. May 20. Chinese Bonds which 4% Bonds 1808 a flood of buying ordere syed

minutos. (Eng: (as)... # 99% tiekers Traders, considering that this action 4% Loan 1008. 70% would definitely place the United % Loan 1912. £ 46 States off the gold standard, anticipat6 Reorg Loan ed broader uso of the President's in- 1013 (Ldn. Kan.) £80 flationary powers. The reduction of 5% Borda 1925-47 £ 084 rediscount rate to 24 and General 5% Shal-Nanking

of regular Electric's declaration

Riy,TRA dividends were other factors which 5% Tlent.-Pukow helped to strengthen the market.

£ 99% # 70% £ 45%

£ 80% £ 984

€ 30-35 # 30-35

8 12-22 E 12-22

Rly. (Bupl. Loan)

£ 12-22 £ 12-22

Telegram received from our New 5% Tlant-Pukow

York Offlec-dated May 28, 1933

"Cotton market strength partly at

tributable (to), belief possible cur- 5% S'hal-Hang-

tallment this year's crop which re-

main doubtful crop news improving

ehow Ningpo Rly.

good spot enquiry consensus brokerage to Honan ly.

market opinion bullish two side (8) probable.

May 30th boing Memorial Day, as legal holiday in the United States, thoro will bo no quotations on Wed- nesday, May Blat. Our office,

Dow-Joncs averages?

Dyo

Beihlehem Steel

1911

£78-78 £78-78 5-10 £ 6-10

Huluang Bly.

* £ 23-27 £ 23-27 Lung Thing U. Hal Rly. 1013 £ 8-13 £ 8-13

Foreign Bonda & Banks German

7% Internat. Loan 1924

G6/- 05/-

Loan 1007 £72 £73 Japan 6% Sterling

Lear 1024 £ 81% £ 82

Industrials & Breweries Associated Elec.

Anglo-Dutch.... 16/8

Mines

17/- 103/11

how

ever, will be open as usual.

30 Industries

33.73

80.42

Japan 6% Sterling

20 Nails ...

10.23

40.00

29 Utilities

28.52

28.80

40 Bonda

82.82

83.07

May 26 May 20

Allied Chemical &

100

1044

Industries

17/0

Allis Chalmers

14%

15%

American Can..

814

Brit. Amer. Tob..

105/-

88

Chinese Eng. &

American & Foreign

Min.

Power

10%

10%

J. & F. Conts

American Motal

14%

17%

Courtaulds

American Tel.

American Smelting 1%

31%

Distillera

&

Dunlop Rubber

27/0 27/0 64/6 64/9 33/8 33/9 58/C 5770 28/3 29/-

Tel.

1101% 1134

Everready

American

Tobacco

General Elec.

20/1% 20/1% 43/6 43/-

American Water-

works

84

27

вс

Guinness

88/3

87/0

20%

Impl. Chem. In-

Anaconda Copper .. Atlas Corporation. Auburn Automobiles

18%

18%

12张

18%

Impl.

Justries

20/7

20/4

Tobacco

98/3

07/0

International Tea

50%

63

Storca

20/-

20%-

Baltimore & Ohio.

10%

17%

Pinchin Johnson

30/6 30/-

2035

- 27%

Turner & Newall

27/0 27/0

Borden Company

384

84%

Borg Warner

13%

1436

Unilever .......

Miscellaneous

27/3

271-

Canadian

Pacific

Railway

12%

134

Case, J.I.

014

70%

Burma Corpn.

13/1

Canadian Pac.... § 10%

Chase National Bank 254

20%

15/7 12/10 $ 109

Gula Kalumpeny

Chesapeake

Cor-

Rubber

14/3 14/0

poration

20

30

Chrysler..

22

22%

Lace Proprietary

Columbia Gas

74/10% 73/0

Electric

17

Langlangto

17%

Estates

20/

20/3

Consolidated Gas of

Now York

63%

541⁄2

Rubber Trusts

19/6

10/7

Corn Products

72%

74

Shal. Elec. Constr.

56/-

55/-

Douglas

Aircraft

14%

1476

Van Ryn Deep

30/3

30/0

Drug Inc.

484

61%

Olls,

Du Pont de Nemours

03

71%

Anglo-Persian Oil 35/

35/7%

Eastman Kodak ...

73%

75%

Burmah Oil

04/4%

64/41⁄2

· Electric

Bond

Royal Dutch ... £ 18%

£ 18%

Share

23

28%

Shell Trans. &

General Electric

20

21%

Trad.

45/7%

45/-

General Foods

33%

93%

Texas Corporation.

18

18%

General Motors

44

20

Texas Gulf Sulphur 27%

27

General Raliway

Union Carbido

Signal

334

344

Gold Dant

21

21

Carbon ...

37%

38%%

Union Pacific

90

Goodyear Tire

101

Rubber

313%

929%

United Aircraft

International

Trans

2774

20%

Cement

2.1

20

United Сва

Ini-

International Har

provement

19

10%

vestor..

34

30%

U.S. Slee

473%

61%

International Nickel 13

14

Universal Len

Tobacco

International Tol. &

37

38

Tel,

1244

Johns Manville... 81

12% 35

Wertinghouse E. &

M.

38

41%

Konnecott Copper ..

1744

17

Woolworth

18

30

Lehman Corporation 61

6214

Liggett & Myers

8516

275/

Loow's Inc.

18

17%

SPORT ADVTS.

Lorillard P.

102

Montgomery Ward 21%

20 22 Vie

National City Bank

30%

314

New York Central 2001

30%

THE HONG KONG JOCKEY CLUB,

North American Co. 287,

2014

Parific Сам

Electric

261

21

Pennsylvania Rail.

.rouil

264

Phillips Petroleum

1214 12

Publle Service of

N.J.

487%

40%

Reynolds Tobacco

40%

4114

Seara Rocbuck

27%

2814

Shell Union

0%

6%

Simmons Company

11%

11

Socony-Vacuum

Corporation

o'clock

07%

จน

Southern Cal. Edison 21%

Standard Gus

Electric

11%

21%

12

Standard Oll Co. of

N.J.

341% 34

afternoon. pilot, yesterday Thousands gathered outside the Peninsula Hotel and every vantage point was taken to watch Captain be Harvey's aerobatics, which brought to a conclusion with a most impressive dive, travelling at a very high speed.

Shortly after 6.30 p.m., a buzz in the air gave Indication of the air- man'a doparture from Kal Tack, from where he took off.. Presently the A/W/"XVI" came into ful view proceeding in a westerly direc tion. Captain Harvey then turned and after doing a roll, completed three beautiful loops in rapid auc- cession, Returning from the direc tion of North Point, the pilot then Indulged in rolling off loops, and the crowd were enthralled when he flew i upside down for quite a distance.

Righting the plane, Captain Harvey performed a number of up- ward spins and the machine be- haved as gracefully as a bird. Just before ten minutes to elx, he flew aust, and on returning. made the dive at a high speed, after which he circled aver ite Water Polico Station and the Kowloon Hotel and returned to Kal Tack.

The maching is powered with an "Panther" Armstrong Siddeley geared and fully supercharged air- craft engine. This engine develops 600 H. P. and has 14 cylinders. A double engine weight of 973 lbs. gives the weight par I..P. of leas than 1.7 lbs. A similar engine is on display at the Far East Aviation Co's exhibit at the British Empire Fair.

The aircraft is fitted for oxygen- to enable the plot to carry out altitudo flying.

The A. W. XVI je equal in per- formance to any radial engined single seater alteraft produced to- day. This aircraft is manufactur- ed by Messrs. Sir W. G. Armstrong Whitworth Aircraft Ltd., at Whitley, Coventry, and the motor by Messrs. Armstrong Siddeley Motors Ltd., Coventry.

SHARE PRICES

TO-DAY'S QUOTATIONS

Paris.

The following in the list of local Geneva, share quotations issued to-day:

Banka.

-H'kong. Banks, $17271⁄2 an, · ·

II kong Banks, London, £1241⁄2 n. Chartered Bank, £18 n. Morcantilo Bank, A. &B.

524% n.

Mercantile Bank G., 49% ne East Asia, 800 b.

*4.98*

EXCHANGE RATES

May 25.

.17.5234

May 20.

85%

17.471⁄2

Berlin

Helsingfors

14.18/32 jper

14.4244

2204

Oslo.. Athons Milan-

10.70

*.500

590

.04%

Buenos Aires

.41%

41%

Shanghai

1/3

1/2.15/16

Now York.

Amsterdam.

.3.91% 8.80%

3.90%

8.37

31

1134

.30

30%

Bucharest. Hongkong

.570

572

1/4%

1/4

Brussola...

.21.97%

22.24

Stockholm

.19.45

13.45

Copenhagen

22.45

Lisbon...

.110

110

i

Bombay

Yokohama

Montevideo

.1/8.5/04 .1/24 .84

1/0.5/64

1/24

24

Montreal

.4.4875

4.47 12

Belgrade.

,250

250

18

.08% -British Wireless.

18.0/10

OB1⁄4

Am: 0. Finnaco Corp., Sh. 820 n. China 0. Fin. Ord., Sh.$5.40 n. China 0. Fin. Prof. Sh.35.00 n. Insurances,

Canton Ins., $1440 b.

Union Ins., $622 B. X Div. China Underwriters, $2.10 b. China Fire, $595 n. X Div. H.K. Fire Ins., $265 b. International Assce, Sh, $475.

Shipping

Douglas, $321⁄2 n. H.K. Steamboats, $22 s. Indo-Chinas, (Pref.) $80 b. Indo-Chinus, (Def.), $30 n. Shells (Bearer), 45/- n. Unlon Waterboats, $15 n.

Mining.

Bonguets, $34 n.. Knjans, 27/6 n

Langkats (Single), Sh. $11 n. B'hal Explorations, Sh. $2, S'haf Loans, Sh. $44 n. Rauba, $10 n.

Venz: Goldfields, Sh. $4.40 b. Benguet Exp., 31 cts. .

Docks, etc.

H.K. Wharves, $131 n. H.K. Docks, $181⁄2 D.

S. China Motora A., $10 m. S. China Motors B., $8 n. Venz: Goldfields, $4.40 b. Providenta (old), $3.90 b. Providents (new), $1.35 b. Hongkews, Sh. $394 n. New Engineeringe, Sh.38 n. Shanghai Docks, Sh. $150 n.

Lands Hotein, etc.

H, and S. Hotels, $7.05 b. and sa. H.K. Landa, $77 sa. Shai Lands, Sh. $33 n. Metropolitan Lands, Sh. $14. n. Humphreys, $13 n.

H.K. Realties, $7.70 n. Asia Realtles "A", Sh. $140 n. Asia Realties "1", Sh. $20 n. Chinese Estates, $97 n. China Realties, Sh, $14% n. China Debentures Sh.$137 n.

Cotton Mila, Ewo Cottone, Sh. $15 n. S'hat Cottons, Sh, $116 n. Zoong Singa, Sh.814 n. Wong On Textiles (8) $85 n. Public Utitles. Tramways, $21 b. Peak Trams, (old), $161⁄2 b. Peak Trams, (new), $8 n. Star Ferries, $92 n.

Vienna Prague Madrid.

Silver (spot).....18.11/10 Silver (forward),18% War Loan

Youmati Ferries (old), $20 n. China Lights (old), 312.45 b. China Lights (new), $114 b. H.K. Electrics, #7811⁄2 b. Macao Electrics, $23 n. Sandakan Lights, $10% n. Telophones (old), $28.65 sa. China Busce, Sh, $114 n. Singapore Tractions, 17- n. Singapore Pref., 13 n.

Industrials.

Malabon Sugars $15. a. Cald: Macg. (old), Sh. $20 n. Cald: Macg. (Pref.), Sh. $10 n. Canton Icos, 80 n.

Cements (Com.), $7.90 b. Cemonts (old), $6.40 b. Cements (new), $1.40 b. H.K. Ropes, 59 n.

Stores, etc. Dairy Farms, $28 b. Watsons, $9.40 n. Der A Wings, $1 n. Lane Crawfords, $4.60 b. Mackintoshs, $21 n. Sinceres, $16

n.

Wm, Powells, 32.10 n. Wing On (H. K.), $200 n.

Miscellaneous.

Amusements, $121⁄2 ù.

---

H.K. Entertainments, $12% n. 8.C. Enterprises, 88 n. United Theatres, Sh. $4 n. Macao "Greyhounds," $10 n. Constructions (old), $44 b. Constructions (new); 31 b. and

80.

B. Ind. G$ Bonda, 70% n. H.K. Govt Loans, 24% Prem. Wallace Harpers, 80 n.

Whiteaways

LADIES' SUMMER DRESSES

AND

MILLINERY

NEW FROCKS FOR WHITSUN Dainty frocks in Prints; Voiles, linen, etc, Smart styles and designs.

$4.95 to $19.50

Latest Shapes in Millinery STRAWS & LIGHT Weight felTS

$3.95 to $17.50

HANDBAGS, HOSIERY, & GLOVES.

Draft Programmes and Entry Forms for the Eighth Extra Race Meeting to be held on Monday, 5th June, 1933, (weather per- mitting) may be obtained at the Secretary's Omee, the Club Houso, Happy Valley, the Hong Kong Club, The Sports Club, and the Stables, Village Road.

Entries close at 12 NOUN on Monday, 29th May, 1933

By Order,

C. B. BROWN,

Secretary.

SWAN, CULBERTSON & FRITZ.

Investment bankers and brokers in securities and commodities Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets

Members of New York Cotton Exchange.

Members of National Raw Silk Exchange Inc., New York. Members of The Rubber Exchange of New York, Inc. Members of The National Motal Exchange, Inc., New York. Members of Chicago Board of Trade.

Correspondents for Haydon, Stone & Co. Tolephone 27258.

Cable Address: Swanstock. Asia Life Building, 14, Queen's Road, Hongkong.

BRITISH

EMPIRE FAIR

IMPORTANT NOTICE.

(1) To Exhibitors in the Peninsula Hotel:

This Section of the Fair will be closed as from 6 p.m. on Saturday, 27.5.33. All stands and material must be left in situ until 7 a.m., on Sunday, 28th, and then completely removed before 7 p.m, on that day.

(2) To Exhibitors in the Pavilion:

This Section of the Fair will be closed as from 10 p.m. on Saturday, 27.5.33, and all stands and material must be completely removed before 10

p.m. on Sunday 28th.

(3) 2-above also applies to the Aviation display on the

Salisbury Road Lawn.

(4) All army tables or other borrowed material must be

stacked in the yard of the Peninsula Hotel.

(5) It is particularly asked that all those who kindly exhibited posters in connection with the Fair will, so far as is possible, have the same withdrawn from public view by Saturday afternoon, 27.5.33.

Issued by the Empire Fair Committed.

NEW HANDBAGS

White Washable Leather

from $4.50

Coloured Leather

$4.50 to $17.50

NEW GLOVES, BELTS & HOSIERY. INSPECTION CORDIALLY INVITED. WHITEAWAY: LAIDLAW & CO., LTD.

CANDLE TË NA MATAN PAN