1934-02-24 — Page 13

STOCK EXCHANGE BATTLE

(Continued from Page 1.)

ations Intended to influence market

SURPLUS AHEAD

BRITISH FINANCE ON THE MEND

THE HONGKONG TELEGRAPH. SATURDAY,

London, Feb. 23. Everyone is asking what the prices and would provide some Chancellor of the Exchequer will control over the circulation of rumours and statements calculated do with the expected surplus from

to induce speculative activity,

HUGE LOANS.

has

last year.

revenue

LONDON STOCKS

PRICES

GILT-EDGED ISSUES

BUOYANT

on

SHARE PRICES

TO-DAY'S QUOTATIONS

The following is the list of local share quotations issued to-day.

Banke.

the

II.K. Banks, $1820/1825 un. HI.K. Banks, (London), £1381⁄2 n. Chartered Bank, £16 n.

Mercantile

Bank,

A.

B

n..

"The following quotations

hayo been received by Menara. Swan, Culbertson London Stock Exchange and Fritz in conjunction with Router good. Ulli Market: Generally

were particularly

5

Chinese Bonds,

Feb. 22. Feb, 23.

£102%

£ 93

£ 60%

£ 93 £ 804

40%

£ 38-42 £38-42

Mr. Noville Chamberlain, the In the meantime, Mr. Thomas B. Gay, the attorney for the Now Chancellor, anilelpated a shrink-edged securities

Exchange,

of £40,000,000. boyant. York Stock

age of challenged the constitutional right The actual shrinkage, up to the of Congress to exercae any control end of last week, was only £2,500,-

(Eng. Iss.).... £1024 over the security marketa under000. But at this season the week-14 Bonda 1898

ly collections are always in excess 47% Loan 1908. £ 93 the Fletcher-Rayburn Bl

£ GO con- 5% Loan 1012 of out-going finances, and sequently, even allowing for un 6 Reorg Loan

of supplementary ex- 1913 (Ldn. Jan.) £ 93 A highly interesting fact was increase

6% Shal-Nanking Kathered in the course of the cross-penditure, a handsome surplus at Bunds 1925-47 £ 88%

Itly.

£60% examination of a witnean before the end of March seems assured.

Tient-Pukow 5% the Senate Banking Committer

Board of Trade returns yester-

Itty. this afternoon, when counsel for

Tient-Pukaw 5% the Committee, Mr. Ferdinand day showed that Great Britain's I adverse balance was £1,000,000,

Railway (Supl. an adverse figure of Loun) Pecora, who played such important part in recent exposures Instead of of malpractices in the realms of £50,000,000, as was the high finance, drew from the wit- | 1932. ness the admission that large cor- than porations lent $20,000,0000,000 in the New York Money Market during the boom: United Press.

mere

2122

1929

BRIGHTER TRADE

OUTLOOK

TIN QUOTA MAY BE INCREASED

London, Feb. 24. There is a fair chance of an increase in the tin output quota, stated Dr. Collin, in the Second the Chamber, according to Amsterdam correspondent of the Financial Times, who understands, that an increased quota is now under consideration by the In- ternational Tin Committee.

The matter will be discussed at a meeting in London on March 5, but as the Committee prefers to await the effect of the recent enhanced quota on stock figures before proceeding to an increase, it is doubtful if a further increase will be decided on as early as the London meeting.

The question of further United States consumption is the ruling factor-Reuter

SHIPMENT TO MEXICO.

INSTRUCTION FOR

PROCEDURE AT HONGKONG

33%

£. 23-28 £29-28 ease in 6% Shai-H'chow.

Ningpo Rly.... £ 90% £ 06 5% Henan Rly... £ 83% The visible, or merchandise ad-5% Hukuang Rly.

1911

£ 34% 34% verae balance was reduced during

Taing U. the

year by £23,000,000, and 5% Lung Taing

Hai Rly, 1918. £ 14% £ 14% receipts from invisible exports

Foreign Bonds and Banks. spite of increased by £5,000,000, in the decrease of income from ship German 75% Int.

023 924 ping and overseas investments of Japan 6% Sterling about £5,000,000.

Except for the abnormal import of Silver, there has been a small favourable balance, Improved re- Investments turns from foreign has stimulated agitation in the City against the embargo on lend- ing abroad.

Loan 1024

Loan 1907 ....77%

Japan Sto

Storling

£28 n. Mercantile Bank C., £13 East Asia Bank, 300 n.

Am: 0. Finance Corp, Sh. #20 a China O. Fin. Ord, Sh. $4 n. China O. Fin. Prof. Sh. 85 .

Insurences,

'Canton Ins., $310 n.

Union Ins., $570 a.

China Underwriters, $1% 8. China Fire, 8526 n. H.K. Fire Ins., $283 n. International Assce, S. $6.20 n. shipping.

Douglas, $36 b. H.K. Steamboats, $12 n. Indo-Chinas, (Pref.). $30 a. Indo-Chinas, (Def.), $33 n. Shells (Bearer), 65/7 n. Union Waterboats, $11, n.

Minung.

Antamoka, 76 cts. n. Balatoce, $40 n. Baguio Gold, 54 eta, n.

Benguota, $40 n.

Benguet Exploration, 30 cts. n. Benguet Goldfeld, 80.cts. n. Big Wedge, 25 cta, n.

Gold Creek, 341⁄2 n.

Ipo Mining, $7 n.

Itogons, $71⁄2 n.

Kailan, 27/6 n.

Langkata (Single), $17

n.

S'hai Exporations, Sh. $4.50 11. S'hat Loane, $6 n. Raubs, $148.

Venz: Goldfelda, $6.60 n.

icka etr

יי

H.K. Wharves, $1181⁄2 b. H.K. Docks, $14 n.

£ 77%

(Bearer).

Loan 1024 £ 86% £ 85% H.K. & S'hal Bk.

£130 (Lon. Regd.) Charfi, Bk. £5 sb. £ 16

Industrials and Breweries.

Elec. Associated

Industries Brit.-Amer. Tob. Chinese Eng. and Min. (Bearer)

Cont

£138

£ 10

19/6

120/-

27/6

19/6

120/-

26/0

827- 62/3

4973

40/5

87/-

87/-

47/-

47/10%

207-

297-

Elec.

43/0

13/0

103/0

103/0

34/10%

34/1014

074

9/414

110/-

28/- 27/10%

Evo Cottons, Sh. $13

b

S'hal Cottons, Sh. $119 n. Zoong Singe, Sh. $18

n.

$ 2314

Wing On Textiles, Sh. $70 n.

Lande, Hotels, etc.

35/14 48/6

36/11⁄2 4879

railway . The continued rise in

are €1,200,000 receipts, which better since January 1 than for the same period last year, especially Courtaulds In the transport of merchandise | Distillers and coal, confirm the belief of an Dunlop Rubber

Eeverready fish. General improvement in industry.

(England) Guinness ..... Impl. Chem Ind. Der. 10/- sb. Ipl. Chem Ind.

sources Usually well-informed

of the Assert that the majority Cabinet is in favour a reduction from the income tax and restora tion of half of all wage cuts, cost-Impl. Tohacen... 119/ Ing £30,000,000.

But it must be remembered that the defence forces inevitably need replenishment.

Int. Tea Stores

b/ h, Internat. Nickel

ne par val... $.23% Pinchin

Johnson 10/- sh.

Newall Unilever ..... 25/0 25/1

Chancellor's Meanwhile, the mouth remains tightly shut. Turner & Our Own Correspondent.

INDUSTRIAL SCHEME.

COTTON DYERS' RIVALRY TO BE CURBED

of the cotton in London Tin 10/

of Commerce has received informa organisation tion from the Consul for Mexico industry, with statutory powers for Yokohama that in view of the fact majority control, was placed be-Pekin Synd. 27-

Lacayo

Conservative that Mr. Trinidad E ceased functioning as Ilonerary Consul fore a Lancashire

meeting in Rubber Trusts

Miscellaneous.

Anglo-Dutch Burma Corpn. Rs.

19/8

2076

10

14/9

1479

Canadian Pacific

Rly. $25 h. $16

$.10%

Chartd. 15/sh.

(Bearer)

2376

23/0

Gula Kalumpong

Rubber

20/-

20/6

The Hongkong General Chamber

A new scheme for

London, Feb: 23.

the

Trepen Mines...

13/0

13/10%

Langlongte

re- Estates

20/-.

207-

ah.

14/0

3/3

14/6

8/3

27/3 28/6 65/- 65/- 39/41% 30/45

DI- 0/

91/10% 02/6

11/0 11/0

£ 23% £ 2314 &

55/- 55/7 30/- .30/- 21276 212/4

has

for Mexico in Hongkong, and since members' committee

the Government has been made by the House of Commons last even Van Ryn Deep

for

a new

of Mexico, consular the clearance of bonts documents leaving Hongkong for Mexican ports may be presented consular representative in Hongkong of any country having diplomatic re- lations with Mexico.

Commercial invoices, covering ship. ments from Hongkong to Mexico do not have to be visaed and may be presented without a visa to the re- spective

Mexican Customs authorities. If, however, shipment is to be trane shipped at any port where there is B Consulate of Mexico, the commer- cial invoice covering such shipment should be presented to the latter office for certification.

from

ing.

or. sh....

S'hai Elec. Constr.

Vickers 6/8d. ench unanimously

Oils. The committee agreed to consider the scheme in Anglo-Persian-Oil-1/3-61/10 detail with a view to presenting a Burma Oil Parliamentary Bill to Mr. Run- Moxican Eagle clman, President of the Board of Trade, and to urge its adoption by the Government.

The scheme is not yet official but it represents the views of the leaders in the cotton industry.

Mex. $4 ah. Royal Dutch 100

Ah.

Shell Trane

Trad. (Benrer) Geldenhuin Crown Mines

of the

Mr. W. P. Bridge, managing

It is notified that at the expiration director of Messrs. Smedley, Lid., dyers, who explained the scheme, of three months the narcs

that reorganisation would Kam Hing Steamship Co., Ltd., and said begin with the plece dyers, which the New Zealand China Trading. Co. Lid., will, unless cause is shown, to organisation, and after them and the companies will be dissolved. others would follow.

Hongkong should apply to the Con. Were the most advanced, in the the contrary, be struck of the register |

Persons going to Mexico sulate in Yokohama for passport visa, While the Plymouth Fire Brigade was fighting a blaze in a Devonport shop, a large cat, ignoring the smoke and flames, walked into the shop. It made three visits and each tinis

brought out, n

monse.

To-day only between 50 and Go per cent. of work was available

Mr. G. B. Twemlow has been

the Botanical and Forestry Depart for the dying plants in the coun-appointed to act as Superintendent of try and the keen competition was sent during the absence on leave of developing into a war of attrition, Mr. Harold Green. which had forced on the industry dangerous economies. Research His Excellency the Governor has H.M.S. Cornwall arrived back from is being restricted and the plants appointed Mr. J.H.B. Lee to be a Police re-fit, are not being reconditioned, said Magistrato in addition to his other England this morning after

duties. Mr. Bridge--Reuter. and re-commission.

The King's Exequatur empowering Senhor Rodrigo Guilherme Alves Guerra to act as Consul for Portugal Lin นาย Hongkong

received In Majesty's signature.

DAY BY DAY NEWS IN BRIEF

WHERE ALL ARE SELFISH, THE SAGE IS NO BETTER THAN THE FOOL, AND ONLY RATHER MORE DANGER ous-Fronic..

Hls Excellency the Governur hus Tong-Do 04 nominated Mr. Kan

A ten dance will be held member of the Court of the Univer- sity of Hongkong for a period of Repulse Bay Hotel on Sunday

three years.

4.30 pan.

for

Tenders are being invited alterations to public latrine. Ningpo Street, Kowloon. The work consists of the conversion of the present

water closet system to a

flushed system.

Mr. J. H. Gelling has been appointed Deputy Registrar of Births and Deaths.

It is announced that there will be no dinner dance at the Repulse Bay nt Hotel to-night.

at

It In notified that the names of It is learned that as from March King's Studio Limited, and the Kal 1st. Dr. J. S. Dykes will be removing Tai Land and Investment Co. Ltd., to Alexandra Building, sharing rooms have been struck off the register. with Dr. E. C. Humphreys.

S. China Motors A., $2 a. 8. Choma Moure i 6N n. Provident (old), $2.60 b. Providents (now), 80 cts. b. Hongkews, Sh. $361 n.

New Engineerings, Sh. $6.60 n. Shanghai Docks, Sh. $145 n.

Cotton Mills.

H. and S. Hotels, $6.50 n.

II.K. Landa, $71 sa.

S'hai Lands, Bh, 524 n. Metropolitan Lands, Sh. $14. Humphreys, $11.20 n. H.K. Realties, $6.30 n.

Adia Reitles "A Sh. $140 n. Asia Roalties "B" 8h. 820 n. Chinese Estates, $87 n.

China Realties, Sh. $15 a. China Debenture, Sh.8187 n.

Public Utilities. Tramways, $21.80 b. und sa. Peak Trama (old), 816.90 n. Peak Trama (new), $7% n. Star Ferica (old), $941⁄2 n. Yaumati Ferries (old), $243⁄41⁄4% ± C. Lights (old), $9.80 n. C. Lights (new), $9.40 H.K. Electrics, $78 8. Macao Electricà, $234 n. Sandakan Lights, $8 n. Telophones (old), $25% sa. Telephones (new), $12.65 b. China Buses, Sh. $13.40 n. Singapore Tractions, 5/- n. Singapore Pref., 15/- n

Industrial

Malabon Sugars, $144 n. Caid: Macg, (old), Sh. 821 . Cald: Macg. (Prof.), $19 n. Canton Ices, $2 b.

Cements (old), $2.55 b.

Cements (new), $2.55 b. H.K. Nopea, $6.50 n. stores, etc.

い

Dairy Farme, $271⁄4 b. Watsons, $7%. Der A Wings, $1 0. Lane Crawforda, 84.10 n. Mackintosha, $21 b. Sinceres, $13.20 n. Wm. Powells, $1.60 n. Wing On (H.K.), $140 n.

Miscellaneous. Amusements $44 n. H.K. Entertainments, $10% 1. S.C. Enterprises, $1 n. United Theatres, Sh. 32 n. Macao "Greyhounds," $2 n. Constructions (old), $2 n. Constructions (new), 54 cts, n. B. Ind. G. & Bonda. 81% n. H.K. Govt. Loan, 6% b. prem. Wallace Harpera, 88 n.

.

EXCHANGE RATES

Paris Geneve. Borlin Helsingfor St. Onlo The prizo distribution of The names of Dr. Tai Hon-fan and Stephen's College will be held at Athens. Dr. Yang Pao-chang have been added Stanley on Saturday, March 3, at 3 Milan. Mr. to the list of medical practitioners, p.m., when Sir Henry Pollock will de

Beth are barchelors of medicine and tribute the awards. surgery of the Hongkong University.

Wah-sing and Tsang Tool, Chan Wou

charged before Yuen Hamilton, at the Central Magistracy this morning, with the theft of 35.78 from Au Ngau, à married wo- man, at Chaiwan, were sentenced six months' hard labour each. They were originally charged with armed robbery, but the chaugo was with drawn, and they pleaded guilty to the charge of larceny.

to

Buenos Aires. Shanghai. New York. Amsterdam. small-pox (one

Vienna... of diphtheria, and a case of Prague.. that the Anglican Church situated imported), one case of paratyphoid, at No. 3, Duke Street, Kowloon Tong,

It is notified for general information

་

Two

one

of савса

Feb. 22,-

77.23/32

7.004

123%

.37.11/145

.510

Feb. 23. 77.13/32

FEBRUARY 24, 1934.

RADIO BROADCAST

WEEK-END BROADCAST

DANCE MUSIC FROM THE HONGKONG HOTEL

From B. W. on a wavelength of 365 metras:

4-7.30 p.m. Chinese recorded pro-

gramme.

7.30-11.30. p.m.

gramme.

*European

7.30-8.16 p.m. Concert Itema,

pro-

8 p.m. (Local Time and Weather Report).

Orchestral-Love, Here is my Heart. Orchestral Casino Dances.

Albert Sandler and His Orchestra.

Indous (Song of gongngadko."Rimsky-

India

Korsakov). котво

Song Bolero-Les Filles de Cadix (The Maids of Cadiz) (Delibes). Madame Amolita Gaill-Curci (Bon.). Pianoforte Solo-La Campanella

(Paganini-Liszt).

Planoforte Solo Stacento Etude

(Rubinstein).

Mischa Levitzki.

Song Sea Fever (Ireland). Song-In Summertime on Bredon

(Peel).

Stuart Robertson (Bass). Pianoforte Solo-Minuette from Buite

(J. Suk, Op. 21).

Pinnoforte Sulo-Bercause

Ignaz Friedman.

8.15-9 p.m. Musical Comedy. Selection-Lido Lady (Rodgers).

Bavey Orpheans. Selection-Chu Chin Chow (Norton). The London Palladium Orchestra. Selection Casanova (J. Strauss, arr.

Henntzky),

Now Mayfair Orchestra. Selection-One Hour With You

(Robin, Whiting and Strauss).

New Mayfair Orchestra. Selection The Cat and the Fiddle

(Harbach and Kern).

New Mayfair Orchestra. 9-11.30 p.m.

A relay of the Hongkong Hotel Dance Orchestra from the Hongkong Hotel Roof Garden.

10.30 p.m. Rugby Mid-day Press NOTH

11.30 p.m. Clono Dawa.

All relays of the Hongkong Hotel Orchestras are by courtesy of the Management and during the intervala recorded music will be broadcast from the Studio.

SUNDAY'S PROGRAMME. 10.30-11.30 a.m. A relay of the Servico from the Union Church.

Preacher-The Rev. Dr. E. L. Allen.

Order of Service. Voluntary.

Hymn-"The God of Abraham

Praise

Invocation and Lord's Prayer. Hymn The Thousand Times, Ten

Thousand."

Scripture Reading.

Hymn The Lord's my Shepherd."

Prayer Anthem-"God Sends the Night,” Offertory, Offertory Prayer. Hymn "Hosanna, Loud Hosanna.

Sermon.

Hymn Josua Shall Reign.”

National Anthem.

Benediction.

11.30-12 noon. Chinese recorded

programme.

12-12.45 pm. A relay from the Hop Yat Church.”

12.45-2.30 p.m.

programme.

European recorded-

1 p.m. Local Time and Weather Report.

2.30

Op.m. Clone Down..

1.30-7 p.m. Chinese recorded music. 7-10 p.m. European programme. 7-7.28 p.m. Dance Numbers.

Fox Trot-Mother of Pearl-Ev'ry Woman Thinks She Wants to Wander.

Tango Mother of Pearl--When Any-

body Plays or Sings.

Fox Trot-I Cover the Waterfront. Fox Trot-In a Second Hand Store. Waltz Play, Fiddle Play. Tango-Tonight Give me an Hour of

Love.

Fox Trot-Learn to Croon. Fox Trot Moonstruck.

7.28-8.12 p.m. A Concert,.

8 p.m. (Local Time and Weather. Report).

Orchestral-Don Giovanni-Overture

(Mozart).

State Orchestra, Berlin, conducted by Dr. Leo Blech. Song-The Admiral's Broom (Bevan). Song-A Jovial Monk Am I ("La..

Poupee" Andran).

Peter Dawson (Bass-Baritone). Pianoforte Solo Gigue (From Fifth

French Suite) (Bach). Pianoforte Solo-Jesu, Joy of Man's

Desiring (Bach).

Blyra Hess. Song - Thais L'Amour est une vertu

rare (Massenet). Song Thais Dis-moi que je zula

Bolle (Massenet).

Karyas Beaujen (Soprano). Orchestral-Carmen--(Bizet)-

Prelude to Act 1.

15.77% Orchestral-Carmen-(Bizet)--- Entr'acte, Act 4.

Philadelphia Symphony Orchestra directed by Leopold Stokowski, 630 Instrumental Quartet in C Major

1st movement-Adagio-Allegro (Mozart).

ללטש

Capot String Quartet.

SPRING RACE MEETING

MEMBERS' TIFFIN BOXES

We are prepared to deliver Wines, Spirits, Mineral Waters, etc., to Private Boxes daily, during the forthcoming Meeting. All unconsumed stock, provided it has not been on ice will be collected free of charge and allowed for in full at the end of the Meeting.

CALDBECK MÁcgregor & co., LTD.

Prince's Building,

ice House Street.

Telephone 20075,

MODERN UPHOLSTERY OF THE FINEST QUALITY.

A RANGE OF VARIOUS DESIGNS ALWAYS ON. VIEW IN THE SHOWROOMS

OF

ARTS &

CRAFTS Ltd.

Cough

284 Song-Drake's Drum ("Songs of the

(Continued on Page 5.)

SPECIAL MATINEE

TO-MORROW

OF

BROADWAY

REVUE

PRICES $3.30, $2.20, $1.10

&:50 cts.

catarrh, respiratory troubles. what terrible tormentors! But do not despair,

'Cresival'

the proved remedy, will also help you. Give it a trial to-day and convince you walf of its excellent qualify. 'Cresival is vary palatable and stimulates the app

CRESIVAL

15.85 .22014

12.85

12.86

20434

220-2

10.00

10.90

630

68.11/16 30%

FAZL

ALL

6.08%

1/4.0/10 6.07

7.67%

SongOutward Bound ("Songs of the

Fen"-Stanford).

12216

5124

1/6%

21.85

.10.39%

10.301

.22.40

22.10

.1007

109%

1/0.3/32

1/0.3/82

434

1/2.7/32

37%

22

.6.114.

5.10%

20% 20.11/10 1024

British Wireless.

.1/%

21.03

Madrid. local health authorities on Thursday, Bucharest has been licensed by His Excellency animal rabies, were reported to the

Hongkong. Brussels.. the Governor to be a place for the celebration of marriages is pursuance

connexion Stockholm. An opening concert in of Section 3 of the Marringe. Ordin

with the Conservatorium and Mula Copenhagen ance, 1875.

Club, Kowloon Tong, will be given

Bombay.. An official notification states that in the caso of applications to pur- In is notified in the Gazette that his under the direction of Madame Lottie Lisbon

others, and chase land by sale by public auction Majesty the King having approved Gordon, naaisted by Mrs, Lyle-Wilcox Bomba next Wednesday, February Rio....

Yokohama at 0.16 p.m. The concerts to Montevideo. through the Public Works Depart the appointment of Mr. Alandair

Belgrade mont, a deposit of two hundred Duncan Tholl MacGregor, K. C., to be

in

28, P. onervatorium

Montreal.. before the same will be advertised in in succession to Sir Joseph Kemp, rooms, 190 Prince Edward Road, where the Gazette or local papers, which His Excellency the Governor has, tickets may be obtained from the

109/ deposit will be returned if the sale under instructions from the Secretary secretary, Miss B. Farnham. A meet- Silver (spot) 20

War Loan... takes place, but will be forferited if of State for the Colones, appointed ing, and a children's club concert, aro Silver (forward)..20.9/10 the applicant fails to bid the upset him to the post from the 22nd Febru- to be held at the same address next

Monday. price.

ary,

.12.7/32 ..377