1934-10-09 — Page 7

DOLLAR RISES - SLIGHTLY

CHINA'S POLICY

UNCERTAIN

The Hongkong dollar rose 1/8th this morning to ls. 74d. The market oponed quite steady, but conditions early on were

very quiet,

The rise of a farthing In silver prices, in London caused a further crop of rumours in Shanghai, where there is still much specula- tion an to China's sliver policy.

The London-market yesterday

stendy India

bought, China, mold, while speculaters operated both ways.

тудв

WALL ST. CONFUSION.

New York, Oct. 8. The Wall Street Journal, reports that trades were confused, due to allver lauca, in the decline in

view of the high price of the metal In both New York and in London which

โล

attributed to

buying by the United States Gov- ernment, plus speculative activi tien.

|

CORRESPONDENCE

The Editor,

Hongkong Telegraph,

Lonely Twina

Str. Being lonely twin-sisters taget 19) we would welcome let- ters from any of your kindly dia- posed readers.

THE HONGKONG TELEGRAPH.

|NEW YORK, STOCK

EXCHANGE

IRREGULAR MARKET

YESTERDAY.

The following reports on the New York stock market have been colved through Menari Swan, Culbert- son and Fritz: The Wall Street Journ- al report un yesterday's markets:- Stocks were irregularly lower, with We are interested in snapshots some specialties gaining and others declining widely. Traders were con- (personal, etc.); postage stamp fused, due to the decline in silver and literature, and will reciprocate inguer, in view of the high price of with those who write to us and the metal in both New York and in send un snaps, stamps or news-Londen which is attributed to buying by the United States Government, papers.

plus speculative activities, Traders believe that silver issues de- glined owing to Washington swinging

We thank you for publishing this letter and hope our appen will not be in vain. Sincerely yours.

THELMA AND MARJORIE CARSTEN. "Chargiaine," -

St. Legor Road,

Claremont, Cape,

South Africa.

INDIAN REFORMS

Some traders believe that silver | REPORT TO BE READY) Issues declinell owing to Washing- ton swinging to the Right.- Swan, Culbertson and Fritz,

NEXT MONTH

London, Oct. 8. The Joint Select Committee of the Lords and Commons on Indian

PREMIER AGAIN IN constitutional reform, which has

HARNESS

GETTING TO GRIPS WITH WORK

London, Oct. 8.

The Prime Minlater had a con- of suitution to-day with several hin Cabinet colleagues to acquaint himself with developments various departments during his enforced absence.

in

Among the Ministera consulted were the Chancellor of the Ex- chequer, the Foreign Secretary and the Minister of Labour. Mr. will continue the MacDonald Interviews throughout the week.

been in rocess since the end of July resumed its sittings this afternoon, when it was further engaged in considering final draft report.

The altlings will be continued almost daily until the work is completed and the report is rendy for presentation. It is expected that it will be published in Novem- her-British Wireless.

LONDON STOCK EXCHANGE

LATEST SHARE

QUOTATIONS

to

Sonic

the Right. Steady buying of dividend paying stocks was reported. Bonds and stocks on the Curb Ex- change were Irregularly higher, the former were featured by a good de- mand for United States Government issues. Wheat prices were down- ward.

S. C. & F. New York office cables: The stock market continued duli and Irregular and to drift. The carnings for the year ended August 1st of the National Power & Light Co., totalled 94 centa per share, against $1.00 per share last year and the United Gas $4,207,000, against $2,990,- 000 during the corresponding period of last year. The Kinska Juneau Gold Mining Co., estimates ita Sep- tember earnings at $167,000, against $236,000 in September last year. The Industrial tayon Co.'s third-quarter earnings totailed 21 cents per share, against 95 cents per share last year. Automobile production totalled 19,000 cars during the week ended October ath, compared with 37,000 cars thu previous week. Preparations for new madeir Are. underway. General Motor's September sales to domestic consumers totalled 1,600 cars and trucks, against 71,400 in September of last year, J. C. Penny & Co.'s September sales were up 22.6.

New York and Chicago commodity reports received through Mexers. Swan, Culbertson & Fritz:-

Colton: The market received poor support under pressure, Some re- sistance by consumers was reported. A modifying of the inflationary out- look is leaving the impression in some quarters that commodity prices are

enough at present,

Grains: The Trate was the prin

outside interest cipal buyer, with, Inching. The market was featureless. Rubber: The Trade was the prin the cipal buyer. The following quotations all

Outside support was London Stock Exchange have been lacking. There was no particular received by Messrs. Swan, Culbertson feature. and Fritz in conjunction with Reuter., Dow-Jones Averages:

British Government Securities. Oct., Oct. 8,

Hia Arst public engagement since his return from Canada will he on October 29, the day before Parliament reassembles, at a Junk cheon given in his honour by the National Labour Committee. The gathering will also be attend-War Long 3145 ed by Mr. Stanley Baldwin and Sir John Simon.-British Wireless,

GOLD MINING IN TANGANYIKA

GOVERNMENT REFORM

SCHEME

redm. after 1952 £105% £105%

Chinese Bonds.

44 Bonds 1898

£101 £101 4% Luan 1908. £ 93

(Eng. s.)

67 Loan 1912

6 Reorg. Lann

1917 (Lun, Ing) £959

30 Industrials 20 Rnila

Oct. 6.

Oct. H.

92.85

02.50

35.97

35.01

20 Utilities 40 Bands

20.13

19.96

02.65

92.60

11-Commodity Index 58.08

57.88

17 Leading Stocks,

Oct. 8.

.. £ 72%

£ 72%

Amer. Can

190

Amer. Smelt & Ref.

34%

G

Amer. Tel, & Tel.

110%

6

Bonds 1926-17 £ 90

£ 90%

Tuburn

24

G

Shoi-Nanking

J.J. Care

46

Rly.

£ 70%

£71

Du Pont

89%

Elec. Hand & Share

10%

£ 28

£ 27

tieneral Motors

20444

Int. Tel. & Tel,

McIntyre

45%

にこ

Montgomery Ward

27%

Nut. Distillers

£100

N.Y. Central

21%

£ 24

Socony-Vacuum

137%

Union Pacifle

100

4361 Lung Tring U.

£ 304

33

West E. & M.

311

Tint-Pukow Rly......

5 Tient.-Pukow

Railway

(Supl.

Loan). £ 22 bhai-'chow-

Ningyo y, S. £100 6% Human Rly... £ 25 Bakuang Itly,

5

London, Oct. 8. In view of recent developments in the gold mining industry in Tanganyika Territory, and par- ticularly of the rapid extension of reof mining, the Government of that erritory has, with the con- currence of the Secretary or the

Loan. 1984.... Colonies, decided, with a view toi securing more efficient and Japan f Sterling

Lonn 1907 economical working, to undertake reorganisation, which includes Japan 4 Sterling

Loan 1924

195 Hai Rly. 1912185 210 Foreign Bonds and Banks. German 7 Int

a plan for combining under single.5. & Shui Dk. Departments of direction the

Lands, Mines; Surveys and Geological Survey-British Wire-

Irak..

LAMA'S EMISSARY COMING HERE

PREPARATIONS FOR RETURN TO TIBET

Shanghai. Oct. 9. Anchin Hu-tuk-in, the personal representative of the Panchan

יוד <

52%

£ 79%

£10 £1

Industries British-Amer, Toh,

(Bearer)...

£138 £ 165 Industrinis and Breweries. Associnted Elec.

12/1 w/-

dr. Regd.). £1384 Chartd. Bk. £6 h. £ 15

Chinese Eng. and

Min. (Beurer). Tate & Lyle Courtaulds

Dunlop Rubber

126/1014.125/-

Distillers

Everrendy 6 sh.

General

(England)

25/- 20/- 95/9 95/1 47/~ 40/3

48/4 49/- 24/- 2773

16/- 467- -16/ 40/- 36/46

01/-

36/ANG

9/-

Electric

Boots - sh. ....... Impl. Chem Ind. Impl, Chem Ind.

Det. 10/- sh... ....

182/1051837-- 2 Impl, ToineVO ............ Lama, left for Hongkong to-day | Woolworths /-

He is making arrangements for

return to Internat. Lama's the Panchan Tibet next spring-Reuter,

-

BIG CONTRACT AWARDED

London, Oct. 8. The contract for the work of strengthening the Asault barrage, on the Nile has been awarded to the British firm, John Cochran and of the con- Sons. The amount truet is £1,077,462.—British Wire- leяx.

Nickel

n jar val {'hrchin Johnson

10/- wb. Turner and Newall Unifever.

101/6 101/6

$ 245 24

43/6 43/9 50%- 50/- 23/1423/14

Miscellaneous.

Anglo-Dutch Burma Corp. Rs. Canadian Pacific

26/41 25/47%

12/-

12/14

$ 13%

Rly. $25 l S'14 Chartd. .15/- ah.

(Bearer)... Gula Kalumpang

IU/3

19/8

:

Trepen Mines 5/-

Robber.......

19/9

19/0

sh.

.0/9

5/0

Langinngiè

Jolm

Estates

#12/9

3273

London Tin 10/-

11/3

11/3

ord. ...

24-

2/-

32/4

671-

32/41⁄4% 07-

02/6

02/0.

Thu. Hon. Treasurer, St. Ambulance Association wishes to a knowledge with sincere and grateful thanks the following

donations to Pekin Synd. wards New Territories Clinics and

Brigado Funds:-Mr. Kwok Siu-lau, tubber Trusts $200; Anonymous, 50; Bank of Can-Shmi Elec. Constr. ton, $25; National & Commercial Van Ryn Deep.. Savings Bank, $20; American Asiatic Electric Musical Underwriters. Ltd., $25; Mr. Chuk Tal-kwong, $25; On Lok Yuen, Lid., $10; Wing Fat Co., 85; Mr. Man Wal -(Sar Tin) $20.

Amongst residents returning to the Colony by the Blue Funnel liner Sarpedon on the 13th inst, are Mrs. P.. M. Hodrson, Miss Vera Hodgson, Mrs. Ireland, Mr. V. Goulborn, and Dr. J. H. McEncy.

Industries......

31/4 31/7/4 Oilk.

·45/ 45/74 Anglo-Persian Oil Burma O.....

BL/10% 81/10 Southern Railway

(Deferred)... £ 23% £23 Royal Dutch 100

.sh.

£ 194 £20% and Shell Trans

40/10% 47/0 Trad. (Bearer)

28/14 28/1 Geldenhuis Crown Mines 10/-

Ah.

250/- 248/9

U.S. Steel

WATER RETURNS.

LARGE INCREASE IN STORAGE OVER LAST YEAR

The water returns for last month show that on October 1 there was a total storage on the Island of 2,395.- 40 million gallons, compared with 2,042.77 on the same day last year. Four reservoirs were overflowing. Inter- namely. Tytam, Tytam mediate, Tytam Tuk and Aberdeen Lower. Tytam Byewash was 1ft. 2 ins below-level, Wongnelchong b Ins., Pokfulam Sins, and Aberdeen Lower 1 in.

TUESDAY, ¦ OCTOBER

SHARE PRICES

The following is the list of incal sharo quotations issued to-day.

Banka. Hongkong Bank, $1670 n. 1.K. Banks, (Lon. Reg.), £1381⁄2

ກ,

Chartered Banks, £15% n. Mercantlo Bank, A & B, £80% nj Mercantile Bank C., $13 n. East of Asin Bank, $93 n. Am: 0. Finance Corp., Sh. $20 2 China 0. Fin. Ord. Sh. 34 De China O. Fin. Pret, Sh. 35 n.

Insurances.

Canton Ins., $285 1. Union Ina,, $530 en. China Underwriters, $1.15 b. China Fire, $510 n. 1.K. Fire Ins., $237% n. Internat'l Asace, Sh. $8 .

* SHIPYME. Dougins, $41 b. H.K. Steamboats, $7 n. Indo-Chinas, (Pret.); $80 Indo-Chinua, (Def.), 838 m. Shell's (Bearer), 47/6 n. Union Waterboats, $13% n.

Minina. Antamoks, 60 cts. n. Balators, $37 ́n. Ragule Gold, 46 cix. n. Benguets, $411⁄4 n.

►

Benguets, Exploration, 19 cts. n. Benguet Goldfield, 20 cts n. Big Wedge, 10 cta. n. Gold Creek, $2 . Gold River, 22 cts. b. Ipo Mining. $2 n. Itogons, $0.30 n. Kailan, 25/- n. Langkats (Single), 171⁄2 n. S'hai Explorations, Sh. $5 n. S'hai Loans, Sh. 30 n. Raubs, $12.90 n. Venz: Goldfield, $5 n. Sainzol, 16 cts. n.

Docks etc H.K. Wbarves, $107 b. II.K. Docks, $14. Providents (old), $1% 5. Providents (new). 60 cts. n. Ilongkdws (old), Sh, $310 n. New Engineeringe, Sh. $4 n. Shanghai Docks, Sh, $119 n.

Cotton Milla. Ewo Cottons, Sh. $9.80 n. S'hai Coltona, (old), Sh. $751⁄2 n. S'hai Cottons (new), Sh. $44 n. Zoung Sings, Sh, $11 n. ex div. Wing On Textiles, Sh. $56 n. Lands, Hotels, etc.

H. and S. Hotels, $5.40 b. H.K. Lande, $50% 5.

n.

H.K. Lands 4% debentures,

3 prem. n Shul Lands, Sh. $27 Metropolitan Landa, Sh: $14 n. Humphreys, $10 n

H. K. Realties, $1 b. Asia Realties "A" Sh. $140 n. Anla Roaltide "B" Sh. $20 n. Chinese Estates, $00 n. Chinn Realties, Sh. $15% n. China Debenture. $187 n.

Publie #ities.

Tramways, $19.80 0. Peak Trama (old), $14 n. Peak Trams (new), $7 n.

Star Ferries, $98 n,

.

Yaamati Ferries (old), $21% n. China Light (old), $8.65 sa. China Light (new), $8.40 b. II.K. Electrice, $70, n. Macao Electrics, $25 n. Sandakan Lights, 38 n. Telephones (old), $23. Telephones (new), $10.90 n. China Buses. Sh. $13.20 n. Singapore Tractions, 4/9 b. Singapore Pref. 18/- h.

Industriale

Malabon Sugars, $8.70 n. Cald: Macg. (old) Sh. 121 a. Cald: Macg. (Pref.), $20-n. Canton Ices, $2.60 b. Cement (com.) $2.35 n. H.K. Ropes, $3% n.

Starex ste

Dairy Farms, $23.70 u. Watson, $5.60 n.

Der A Wings, $I n. Lane, Crawfords, $4.15 n. Mackintosha. $21 n. Sinceres, $10 n.

Vm. Powells. 70 cts, n. Wing On (H.K.) $110 R.

Miscellaneous.

Amusements, $4'n.

n.

H.K. Entertainments. $7 S. C. Enterprises, $1.80 n. United Theatres, Sh. $14 n. Macno "Grevbounds," $2 n "Constructions (old), $1.80 n.

Constructions (new), 78 cts. b. Ch. Govt. 5% 1925 G.S Bonds

87% D.

H.K. Gov. 3% $ Loan 34%

prem. 8.

II.K. Gov. 4% Luan, 8% prem. sa. Wallace Harpers, $7 n.

the The total consumption on Island during September was 431.20 million gallons, compared with 266,- 35 million gallons last year. This aggregate includes 69.39 million gallons from the Mainland this year, compared with 73.75 million gallons during October 1933. The estimated population this year is given at 390,000, giving an average consumption of 36.9 gallons her head per day. Last year the estimated population was 367,000, giving the consumption per head per day as 22.9 gallons.

On the Mainland the total stor age on October.1-was 717.91 million Kallons, compared with 719.76 last Paris. soar on the same day. Kowloon Geneva Main was the only reservoir above: Berlin. normal level, the remainder of the Helsingfors. reservoirs being level. Kowloon Onlo

Athens Main was the only reservoir over-

Milosz flowing last year.

Buenos Aires Shanghui.

EXCHANGE RATES

The estimated population on the Mainland was given at 332,150. and New York. the total consumption 229,39 million Amsterdlani. gallons, thus giving, the consump- Vienia . tion per head per day as 23 gallons. Prague..

Bucharest Last year the estimated population

Madrid. was 318,350, the consumption 206.-

Hongkong 20 million gallons, and the consump Brussels. tion par hend per day 21 gallons, Stockholm. A constant supply was maintained Copenhagen in all districts on the Island and Lisbon... Muinnd during the month.

Oct. B.

74.1/32

14.90 12.18

67

-30%

9,

1984:

RADIO BROADCAST

Violin, Pianoforte Recital From the Studio.

TALK BÝ MR. PELIJAM

From ZBW on a wavelength of 365 metres (845 kilocycles).

4-7 p.m. Chinese Program SILOS. 7 p.m.

Closing Local Stock Quotations, London and New York Stock and Commodity Quotations.

7.08-7.30 p.m. Orchestral "Crown of India"-Sulte,

Op. 63 (Elgar)..

London Symphony Orchestra con- ducted by Sir Edward Elgar, Ost. 1. Introduction and Dance of the Nautch Girls.

2. Minuet.

3. Warrior's Dance.

4. March of the Mongul Emperors. Lo Carnaval Romain-Overture

(Berlioz, Op. 9),

Bir Hamilton farly conducting tha Hallo Orchestra,

7.30-7.45 pm.

A Recital by Richard Crooks (Tenor).

1. Neapolitan. Love Song (Victor Herbert),

2. In my Garden. (O'Keefe).

3. Too Late to-morrow.

(Langenberg).

4. Macushia (Macmurrough). 745-6 p.m. From the Studio. "To-morrow's Racing" by Mr. A. J. P.. Heard.

8 p.m. Local Time and Weather Report.

8.03-8.40 p.m. Variety.

Plano Solb-Dancing Butterfly. Piano Solos Waltz Time-Medioy.

Ralo da Costa.

Vocal-Little Man you've had a

Busy Day.

Lea Allen, with Mrs. Allen and Norman.

Songs -Radio Roquests.

Les Allen (Baritone). Plano Solo-Let's fall in Love." Piano Solo-Love is Love, Anywhere. Carroll Gibbons with his Bay Friends. Instrumental-Melody, in Spring. Instrumental-Give me Liberty, or

Give mo Love.

The Four Bright Sparks. Humorous Song-Riding Down

from Bangor.

Frank Crumit (Tenor). Banjo Solo-Keyboard Kapers. Mandoline Salo-Mazur.

Mario do Pietro. 8.40-9 p.m. Band Selections from Operan. Il Trovatore (Verdi)

Creatore's Band. Prince Igor (Borodin, arr. Godfrey)

--Ballet Dances Nos. 1 and 2. The I.B.C. Wireless Military Band conducted by B. Walton O'Donnell. Pagliacci (Leoncavallo).

Creatore's Band.

9-9.20 p.m. From the Studio. "Topical Talks on the United King lom" by Mr. G. C. Pelham (H. M. Trade Commissioner).

9,20-9.30 p.m.

"Old Folks at Home and in Eareign Lands" (by C. J. Roberts) played

by The Regimental Band of I. M. Grenadier Guards,

9.30 p.m.

Reuter Press Bulletins, London 1 p.m. Stock and Commodity Quota- tions..

9.35-10.05 p.m. From the Studio. Violin and Planaforte, Recital by Trofessor F. Gonzalez and Mrs. Gur. witch Frishman.

Programme,

1. Sonata in A No. 2.

Op. 12 (Beethoven); 1sb Movement-Allegro Vivace. 2nd Movement-Andante Plu tosto

Allegretto,

3rd Movement-Allegro Piacevole.

Pianoforte Solos:

(a) Pastoralo and Capriccio

(b) Wyl

...

(Scarlatti). (Schuma

(e) Valse Badinage (Lindow),

3. Violin Solos:

(a) Perpetuum Mobile, Op. 34.

(Rice).

(b) Valte Bluette.... (Drigo). 10.05-10.30 p.m. Dance Music. Slow Fox Trot-Ill Wind, Fox Trots Long as I Live, Waltz One Life, One Love. Tango-Beside my Caravan. Fox Trut-Georgia Jubilee. Fox Trot-Emaline.

Fox Trot-Near and Yet so Far, Waltz-Love is a Song.

10.30 p.m.

Reuter Press Bulletins, Rugby Mid- day Press News, etc.

10.35 p.m. Close Down.

KZRM PROGRAMME.

To-day's Broadcasts From The. Manila Station.

+

P.. Union

Obrera

Pampanga,

Band-Boxman,

4.30 p. Bpanish Informational Period,

6,30 p.m.

Kozilah Informational Perlonž,

7 p.m. Ikwell Slaters,

1.16 p.m.

latest long-Belly "Avello.

7.30. p.m. Mo'and Noah.

(Continued on Page 5).

Libby's

TAILORING TO TRADITION

Tradition through many years of Tailoring:ex- perience, combined with the practical application of pro- gressive ideas in the most criticised of all arts, lus. given Mackintosh's the right to claim for their made-to- 1 measure garnients, all that their patrons have a right to demand and expect.

Fine British cloths ex- pertly cut and made riji . on the premises under European supervision.

MACKINTOSH'S

LT D

The Dainage Bone by

Moth is Well Known

Why not arrest further damage by having your Carpets vacuum cleaned

and stored at a very moderate charge

by

Arts & Crafts Ltd.

EARPET CLEANERS & STORERS

4A, Des Voeux Road, Central.

Telephone 24173.

COLLECTION & DELIVERY FREE

GARDAN

Ocl. 4. $74.7/32

15

.12.17

90014

.19.00

10.00%

.520

610

.B7%

.38%

.1/514

1/5

4.02%

- 4.91%

.7.22%

.7.20

.20%

20%

$1173/10 110.13/16

100

490

.35.13/10

1/74 .20.00. .19.30% .22.40 .110% .1/8.1/10 .1/23/32

36%

1/7%

20,01

10.30

29.40

COLD Tinned Tongue

110%

BAYER

1/6.1/10- 1/2.1/18

or Vienna

44

.39% 214

10%

Sausages

214.

4.81

4.804

2274

.105

23 105% -British-Wireleas, -

Ask your

ارایی

Bombay Yokohama. Rior The local office of the Canadian Montevideo. Pacific Line now 'announces that the Belgrade Empress of Canada will all from Montreal. Hengkong for Moulla at midnight on Silver (Spot). Friday, instead of at 3 a.m. Sntur-Silver (forward).2214 day. The Uner la due to arrivo. here War Loan.. at 8 pm: Friday.

Dealer for them.

Stops pains

immediately

7