1934-07-17 — Page 7

U.S. SECURITIES ACT

OPINIONS ON NEW LAW

Washington, July 16.. A prominent political observer states that under the Securities Exchange Act, margin require ments whore banks are concerned are applicable only if loans are rosterul buthu Tharrying registered securities.

FUTURE OF THE ASSYRIANS

Many Countries Interested

THE HONGKONG

NEW YORK STOCK EXCHANGE

YESTERDAY'S MARKET

DOWNWARD

TELEGRAPHI......... TUESDAY, JULY 17, 1934.

LONDON STOCK ́.

· EXCHANGE *

LATEST SHARE QUOTATIONS

1014- £91% £71

RADIO BROADCAST

·TALK ON "SW.B." BY CAPT.

** C. F. BLACKDEN.

From 20W, on a wavelength of 355 metrex:

4-7 pm. Chinese Programme.

London, July 16, Replying to a Parliamentary bertson and Frite, the New

According to Meners, Swan Cul- The following quotations on question by Lord Hugh Ceell, the market was downward yesterday. The received by Menaars. Swan, Culbertson

the TO-DAY'S BROADCAST. York Landon Stock Exchange have been Foreign Secretary, Sir John Simon, Wall said the responsibility for

Street Journal reports and Fritz in conjunction with Reuter,

were pro- Pricen

downward Jee to vidlag for security and relief of nervousness regarding the strike on,

Chinese Bonds.

July H. July 16, ' the Assyrians in Iraq rested with to wall ratfrond shares due to ronition Bundy 180 the Iraqi Government, who had being disturbed, over

traders: Reserve states that the law does undertaken to keep the Assyrian facing the

(Eng. 1a)... £101 the problem 4 Loan 1008. £ 911 not apply to loans made solely for Committee of the League Council fresh revenue in order to meet

railroads of obtaining 6% Loan 1912. £ 70% Industrial, agricultural or com-informed of the measures taken by creasing costs of operation.

in 5% Reorg. Lonn mercial purposes regardless of them.

Curb 1010 (n. 18.) ·£ 4 were downward.. Bands were erratic 6 Bondla 1925-47 £ 91% whether the loans are secured or

and dull, U.S." Government unsecured, but the determining

He undertood that the Iraqi being narrowly

issue & Shai-Nanking irregular. Wheat nly.

£ de factor is the purpose of the loan Government had set up a commit. prices were downward due to profit-Dré Test.-Pukow and not the nature of the security ofeials of British nationality to tee including certain ol their

inking plus a reported increase in Rly....... £33 the visible supply.

G Tient,-Pukow Expect the Securities Commis.dent with the whole qucation of

Itafway (Supl. Assyrians, pending a decision as rolief and maintenance of

1,000)

to their ultimate future.

offered.

sion to issue a statement of their policies within two weeks,

The N.R.A. Administration is aiming to eliminate price fixing.

Regarding cotton, the Secretary of Agriculture. Mr. Wallace, la opposed to an increase of the Pro- censing Tax to 6.2 cents as of June 16th instead of present 4.2 cents. The general opinion is that it may be avoided and the base date fixed at July 16th.Per Swan, Culbert.

son and Fritz,

REBEL GENERAL IN SOVIET HANDS

Refusal To Extradite Ma Chung-ying

Moscow, July 16. The Soviet have refused the requent made by the, Sinklang Government for the extradition of General Ma Chung-ying for trial for crimes allegedly mitted during the Civil war in Sinkinnya.

com-

An earlier report from the Tass Agency at Tashkent stated that General Ma was disarmed and Interned when he crossed the Soviet frontier, near Irkenshtam, on July 10, with three officers and 79 cavalrymen.

General Ma's men were in flight after a battle with Chinese troops, under General Shen Shih-taal when they crossed the border

Reuter,

SHANGHAP'S NEW LOAN

SEVEN PER CENT ISSUE OVERSUBSCRIBED

Shanghai, July 17 The $8,500,000 seven per cent. loan issued by the City Government of Greater Shanghai at 98, re- deemable by 1946, his been over- subscribed.

|

the

Messrs. Swan, Culbertson and Fritz's New York oillee cable report: Under the influence of the news of

the Pacific Coast strike, prices gave Horan Rly.£30

per cent. of

week

£ 94%

£ 8914

£ 002

7 p.m. Closing Local Stock Quota- tlens. London and New York Stocks aqul Commodity Quotations.

7.08-7,33 p.m. "Chase Noisette". Sulte (Tchaikowsky).

The B.B.C, Symphony Orchestra

conducted by Percy Pitt..

1. Overture Miniature.

2. Marche.

3. (a) Danse Chinoise.

£ 26

£ 26

16

Shal-'chow Ningyo Rly.

J

D

99%

£ 30

4.

5

1011

Lung Tsing U. Hukuang Rly.

... £ 30% £ 35%

57

£ 74%

Hal Rly. 1913 £ 18% £ 17 German Int.

Foreign Bonds and Banks. Loan 1924... ሰብ Loan 1907... £ 75

Loan 1924

.... 80

£ HON

(Lan, Regd.) £138%

£137 Chartd. Bl. £5 h. £10 £ 10%

Industrials and Breweries. Associated Elec. Industries! British-Amer, Tob, (Bearer)...... Chinese Eng, and

ground in a thin market a the Sir John Simon added that the ness done: 500,000. The labour un buying element stands nside. Busi Assyrian Committee of the Lenguerest may be a hindrance to the in was still actively investigating the dustrial feasibility of arranging for the Businens recovery of the market.

fallures for the resettlement of Assyrians outside amounted to 221 compared with 181 Iraq and had recently addressed for last week and 343 for the corres-Japon 0% Sterling an appeal to a number of Govern-pending week af last year, mente inviting them to reconsideration for the week amount-Japan de Sterling the possibility of accepting As Dupost second-quarter net earnings II.K. & Shai Bk.

capacity. syrians in any of the territories were equal to 30 cents per under their control. The United compared with 90 cents per share for share, Kingdom Government, who among the first quarter of this the Governments approached, were cents per share for the second- giving the matter their carnest quarter of last year. The American: attention-British Wireless.

Telephone & Telegraph Co.

reports that the net-income for the second- quarter totatliet $28,997,000, which in equal to $1,65 per share, compared with $31,032,000 or $1.77 per share for the preceding quarter and $- 841,800, the equivalent of $1.81 per share for the second-quarter

SAN FRANCISCO STRIKE

(Continued from Page 13

the steamship companies have not consented to negotiate and working conditions,

on hours

year,

yenr and

last

Favourable factors: A further good showing of the retail trade in expect- ed this week and an increase in the Chtengo steel-mill operations during the past week from 284 to 31% of enpacity.

Unfavourable factors:

Pulleation

A message from Boston, Mass., states that a mass meeting of the of the Steel Institute estimates that Boston branch of the Longshoremation have recoverest

steel operations throughout the men's Association is being held

30, but that the Immediate market is greatly tonight. It is believed that the depressed unit obscured. meeting will discuss sympathetic Grain: The market experienced a action with the Pacific Coustnatural reaction on some small realis strikers-Renter,

ing Later, absorptiost set in and the market appears to have recovered all Jost ground. Purchases are favoured an ket-backs.

ANOTHER STRIKE.

erensed wngos-Renter.

NO FOOD SHORTAGE.

minna.

Min (Bearer) Tate and Lyle Courtaulda Distillers Dunlop Rubber Everrendy 5/- sh. General

Electric

(England)

Boots Impl. Chem Ind. Impl. Chem Ind. Def. 10 ch... Imph Tobneco Woolworths Internat.

Trepca Mines

Rubber Langlengte

Estates... Lonton Tin 10-

A message from Birmingham, Wheat: Liverpool is partially re- Alabama, says the textile workers sponsive. Public interest is increas have decided to strike to-day, de-ink There is a heavy business manding a 30-hour week and in-ur. We would buy on any reces-Gula Kalumpang

Cottons: The undertone is steady. ennsidering the scope of the advance and the threat of the strike extending Washington, July 16.

to the ratton-textile industry. Prices will probably go higher in the ab A Federal check of the food sence of rains in Texas. Demand for supplies of San Francisco is re-apot" cotton and for cotton-textiles ported to have revealed

Is improving. shortage. The Government does;

Rubber: Priers are steady and the not see the need of utilising its Dow Jones Averages:

markel is featureless. axoneies to supplant the usual supply channels.

ΠΟ

sh.

Pekin Synd, 2/-

ard, sh.

Rubber Trusts.. S'hai Elec. Constr. Van Ryn Deep.. Electric Musical.

Danse Rusie, Trepak.

(a) Danso de la Fee brages. (b) Danse des Mirlitons,

6. Valso des Fleurs.

7.33.8.15 p.m., Variety and, Dance

Danse Arabe.

Music.

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

Song-Why Don't they leave un

Alone?

Song-1 was in The Mood

Hildegarde (Soprano).

| Fox-Trot-Little Dutch Mi

Fox-Trot-Because it's Love

The B.B.C. Dance Orchestra. l'iano Duct--Mr. Whittington-Who

do you think you are? Pinno Duet-Mr. Whittington-What

n Pleasant Surprise

Carroll Gibbons and John

Green.

W.

QuartetteDream of the Ocenn Quartette-Pan and the Wood Goblins International Novelty Quartette. Humorous Song-Riding Down from

Bangor. Humorova Song-The King of Zulu

Frank Crumit (Tenor). Fox-Trot-Goodnight Lovely Little

Lady ("We're Not Dressing"} Waltz-If... Debroy Somers Banul. 8.15-8.30 p.m. A Violin Recital by Renee Chemet,

Introduction et Rondo Capriccioso

(Saint-Saená) (Op. 28)

Serenade (Toselli)

Serenade (Pierne).

8.30-8 p.m. Orchestral Music.

Ave Maria (Schubert)

Dol Dauber & is Salon Orch. Hungarian Dance No. 5 in F Sharp

Minor (Brahms)

"Steeping

(Tchaikovsky).

Beauty" Waltz

Royal Opera Orchestra Covent Garden, conducted by Dr.

Malcolm Sargent.

Lyric Suite (Grieg Op. 54)

Royal Albert Hall Orchiextra

conducted by Sir Lantion Ronald.

1 Shepherd Boy.

2 Norwegian Rustic March.

4 March of the Dwarfs.

9-9.20 p.m. From the Studio. -

A Short History and Traditions of the "South Wales Borderers by Cap- tain C. F. Blackden.

18/0

18/0

120/74% 119/4

18/

18/-

10/-.

D0/

47/9

47/6.

80/0

80/3

40/4

46/-

28/9

28/0

40/

44/3 36/10% 95/9

45/3 44/3

8/0

125/0 103/3

8/9 125/9 (02/0

Nickel

no par val... $ 26%%

Johnson

5 264%

Pinchin

10/- ah.

39/2 30/ Unilever Turner & Newall 47/6 47/0

Anglo-Dutch Hurma Corpn. Its

.

22/3

227-

Miscellaneous.

24/6

24/6

10

13/-

12/10 The

in

Canadian Pacific Chartd. 16/sh.

Rly. $25 sl.

(Bearer)

$14

$13

21/6

21/0

25/-

11/7

1/43

30/0

13/-

2/

30/6.

13/0

3 Nocturne.

1/9

34/76 34/6 53/-

54/- 03/76 62/0

29/0 2770

-43,1142.21

23.24

22.50

36.48

95.43

81/3

23/-

81/3

58.86

26/1

Anter. Tel. & Tel. Auburn

18 Lending Stockx.

Amer. Can Amer. Smelling

£ 20%

£ 20

Come

Skell Trans und

3814

42%

Geldenhuis

1134

Crown Minca

24

3.1. Свке ...

50%

Du Pont de Nemours

10%

Elec. Bond & Share General Motors

19

307%

Internat. Tel. & Tel. Mcintyre Porcupine Montgomery Ward National Distillers N.Y. Central Socony-Vacuu

12

July 1

40

Paris...

76.11/32

Geneva.

18.43

20

Berlin...

2014

Helsingfors

16

Oslo...

117

Athens.:

.13.14 220 .10.00% 625

13.16%

226%

1714

Milan....

38

19.00% 527 58.23/32 58.21/32

Buenos Aires.

.304

9612

Shanghai.

1/4%

36 1/43/16

New York..

.5.3074

5:04

Hahn.

Amsterdam.

.7.4314

27 .121% .503 .37.27/32

7.43

(c) La

27

Maison Grise "Fortunio"

from

.Massenet..

.1/5% .21.67 .19.40

1214 503 38.13/18 1/5

3 Mr. Harry Ore:

Second

Sonata

maventori of Second Schumann.

4 Mina Elvio Yuen:

21.60

19.40

Phillips.

110 1/03/04

.22.39 % .22.3944

1/244

110 1/8.1/16

1/24

Puccini.

5 Mr. Li Chor Chl:

(n) Tristezza

...... Tosti.

..44

4%

38.11/18

233

4.98%

30 Industrials Mr. Williams,acting Federal 20 Rails. Emergency Relief Administrator, 20 Utilities in the course of a statement, anid 10 Bonds. the distributing points supplying 11-Commodity Index the, city are

adequately stocked with supplies. There appears no ground for the rumours regard-

The proceeds of the loan wil be devoted to improving roads anding lack of food. he says.-Router. otherwise improving the Chapoi aren and the civic centre. The loan is secured on the revenue and vehicular licences.

The underwriters are Swan, Culbertson and Rentor.

Messrs.

Fritz.-

STORM TROOP VACANCIES

UNKNOWN MEN BEING

APPOINTED

Berlin, July 16. The vacancies due to the exccu- tion of Storm Troop lenders are gradually being lied, mostly by Party members unknown to the general public.

DILLINGER AGAIN

SUSPECTED

MOTORISTS FIRE ON POLICE

Chicago, July 16.

| Union Pacifie

United Aircraft U.S. Steel

Westinghouse E. & M.

July 14 July 16 09.02 07.04

The nation-wide hunt for John Dillinger (Public Enemy No. 1) has recommenced with renewed vigour, following a ruthless shoot- ing outrage in which two policemen BATHING FATALITY AT.

were wounded, one critically.

The officers had held up three motor-cara to Investigate à traffic offence, when they were answered with a volley of pistol shots.

NORTH POINT

Industries

Qiln. Anglo-Persian Di Burina Oil...... Southern Railway (Deferred).... Royal Dutch 100

47/646/101⁄2

Trad. (Bearer) 48/9 48/11

27/6 2776 248/3 246/3

EXCHANGE RATES

Vienna.. Prague.. Bucharest. Madrid. Hongkong.. Brussels.. Stockholm. then cause any anxiety as it was Linbon...

Copenhagen.

(Continued from Page 1.)

•

The Chief of Police, Herr Dal Dillinger's gang is suspected of thought that he was prolonging Bombay. neuge, declares that he is changing the outrage-Reuter.

the Storm Troop organisation, but

is only reorganing it.

He adds that he is making a

of the of the

thorough examination financial administration Brown Army, also of the manner of the lenders' lives.-Reuter.

JAPAN'S NAVAL

PLANS

BUILDING SCHEME TO BE EXPEDITED

TYPHOON WARNING.

A warning issued by the Manila Observatory at 8.45 a.m. to-day states that there is a typhoon in about 124 Long., 23 Lat., moving W.N.W..

A

Tokyo, July 17. Following the probable post Siu Kit, living at 997 Canton Road, ponement of the naval talks in Yumati, was admitted to the Kwong London until October, the Supreme Wah Hospital yesterday in a con- Naval Council has passed a re-dition suggesting an attempt to com- solution that the naval replace-mit suleide by opium poisoning.. ment programme already approved: be executed Immediately. Reuter.

DEATH

17th

July 12. -70.11/32

16.454

his stay in the water.

Yokohama. Somewhere between 5.45 and 6 Rio... p.m. a Chinese opposite the ad-Montevideo. .28.11/16 jacent Chinese Bathing Club Belgrade. .221 pavilion, struck his feet against Silver (spot)....20%

Montreal..

..4.08 an object in the water. but did Silver(forward).20% net pay particular attention to War Loan.104%. it

he thought it someone

በዜ water swimming. He was startled practising under- a moment later to find that the other swimmer had not come up, and immediately raised an alarm.

BODY FOUND.

afterwards found.

the

9.30 p.m. London 1 p.m. Stock and Commodity Quotations. Reuter Press Balletins.

9.20-9.15 p.m. Band Selections, Overture-Poet and Peasant. (Suppe,

arr, Retford}

The Band of H. M. Coldstream

Quarts.

Afarching with Sousa

It. M.

Regimental Band of

Grenadier Guards. 9.45-10.30 From the Studio. Mas Elvie Yuen (Soprano).

Accompanist: Mr. J. G. Charlton. Mr. Li Chor Chi (Tenor)

Accompanist: Mr. J. G. Charlton. ..Pianoforte.

Mr. Harry Ore

I'rogramme.

1 Mlas Elvie Yuen:

(n), del mio amato ben

Donnudy.

b) Son, Pochi Fiori... Mascagni.

2 Mr. LI Chor Chi:

(n) Chanson de Cherubin

Massenet.

(b) Si Me Vera Avaient des Allen

(a) Song of a Nightingale

(b) "La Boheme"-Dondo lieta

(b) Torna Amore.. Buzzi Peoria, (c) Break o' Day....Sanderson. G Mr. Harry Ore:

(a) May Night 2. Palmgren.

(b) L'Isle Joyeuse.......Debussy. 20%

10.30 p.m. Rugby Mid-day Press 20.11/10

104% New Router Press Bulletins. "Fur- ther London Exchange and Commodity Quatations followed by New York Opening Quotations.

10.40 p.m. Clone Down.

British Wirelean.

THE SHIP'S OIL NUISANCE

OF NATIONS

in attempting to alight from moving trama at Shaukiwan, Choy injured himself yesterday, when he fee Sam, living at 7 Sal Street, seriously was found lying in about four

The body of the unfortunate lad MATTER FOR LEAGUE fell and struck his head on the ground. swimmer, it was stated, he had ap feet of water. An inexperienced

London, July 16. parently got out of his depth and The British Government is ad- that his body was caught by an of the League of Nations à request after being drowned it is supposed dressing to the Sceratary General under tow and carried to shallow waters in which it was that the question of all discharged | from ships should be referred for The victim, who only recently examination to the Longuo's Com passed into Class Ono, at School, was a boarder at the in-Isation-British Wiretone.

his munications and Transit Organ- stitution. He Both his paronte ara in Singapore. was Fuklenese. Another drowning fatality also occurred

the victim Inman, whe yesterday,

Wong Yuk-lin 38, a Chinese boat this case being Kong Wo-ping, a imprisonment by Mr. D. M. Mac

montenced to six months, Government midwife at Tal O, who dougall, District Officer, South, this was her life whilst aw'mming morning, for rouurning from, banlah- from a local beach.

ment.

A villager at Taunwah, Kong Kam, wns bitten by a chow dog yesterday. The victim was sent to the Kowloon Hospital for treatment.

WAY-At the Government Civil

Hospital at 2.45.n. On July, 1934, Mr. Jano Way, nged

One cane each of scarlet fever and 84. Funeral will PASE... the typhoid was reported during the Montiment af 5.30 p.m. to-day.

wcok-end.

Libby's

PEACHES

are delicious!!

K SHOE

WEEK!

NOW CONSIDER

THE PLUS FITTINGS OF K's

The expression "Plus fitting" was evolved to denote an entirely new principle of shoe design. Every. K plus fitting shoe has the fore part one fitting wider than the heel part-giving added room and comfort for the toes, with a snug ankle fit. All our K shoes are made on the plus fitting principle." IT PAYS TO BUY, K's FOR THEIR FIT.

MACKINTOSHS The K Shoe Agents.

ARTS & CRAFTS

Steel. Furniture is undoubtedly FIRST in quality, design and durability. No pictures can do justice to the sheer attractiveness of the models on display.

Your Inspection invited

ARTS & CRAFTS

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