Page
This is the way to open the new Kiwi tin-
KIW
BOOT POLIS
A
twist of a coin in the specially prepared slot opens the tin and the world-famous polish is ready for use.
Even dry, cracked leather will soon regain its natural suppleness after the use of Kiwi- Kiwi puts new life into old leather-keeps new leather young.
KIWI
THE QUALITY BOOT POLISHES
·BLACK & TANS
W. R. LOXLEY & CO. YOLE BUILDING,
HONG KONG.
PHONE
23743
CENTRAL RADIO
SERVICE
KING'S BLOG
[(Opp.SheFeng)
HONG KONG DAILY PRESS, FRIDAY, SEPTEMBER 9, 1932.
Money and Markets
HONG KONG STOCK NEW YORK STOCK
MARKET.
YESTERDAY'S OFFICIAL QUOTATIONS.
EXCHANGE.
A.O.F.C. QUOTATIONS.
6.
7.
New York, Soptomber 7. Earlier in the morning the Dow Jones Averages
Sept. Sopt. market was inclined to be quiet, but later in the day, inquiries of a
Change general nature set in, causing a 30 Industrials 77.28 79.03 .65 up slight hardening of rates, which 20 Rails 37.99 30.06 1,07 up 20 Utilities.. 34.40 36.11 1,65 up closed better than at the opening.
Bales,
Hong Kong Banks $1,550. Union Insurances $475/478. Hong Kong Hotala (Old), $10.45.
Buyers,
Hong Kong Banks $1,580. Union Insurances 8478. China Underwriters $2.80. International Assce. Ths. 4. Hong Kong Steamboats 8221. Union Waterboats 8203.
Benguet Consolidated 0163. Venz, Goldfields $2. Providents (Old) $41.
Hong Kong Hotels. (Old) 810.40,
Hong Kong Hotels (New) 810.
Hong Kong Lands 875. Hong Kong Realties 20.
Chinese Estates $100.
Ewo Cottons Tis. 15.80. Pehk Trams (Old) #15), Peak Trams (New) 87). Chinn Lights (Old) 8i5.85. Hong Kong Electrics $74. Malabon Sugars $20. Canton Icea 852.
Cements (Combined) $13,30, Lane, Crawfords 85.35.
Hong Kong Amusementa 210.80.
pitel Theatres Tls. St.
Bellers,
Hong Kong Banks $1.585. Union Insurances $180. Providents (Old) $4.85 Watsons (Old) 813).· Constructions (Old) $6.70. Constructions (New) 81.70.
RADIO EXPERTS-WORK GUARANTEED LONDON EXCHANGE
Latest
BRUNSWICK
and
MELOTONE
RECORDS
RATES
[WHITISH. WIRKT269 SERVICE]
Rugby, Sept 7.
Paris
891
New York
3.40
Montreal
3.84
Brussels
25.99
Amsterdam
8.70
Milan
081
14.70
19.47)
Berlin
Stockholm Copenhagen Dalc
10.30
10.93 90 nom. 118
2321 13 7/10 110
Messrs. E, A. Pierce and Co.
Report.
A continued firm market is in- diented and we would buy on any small recessions.
Business dong: 1,200,000 shares.
Last Salo. 'Sept. Sept.
801}
873
6.
7
Air Reduction ........... 801 Allied Chemies und
Dye
American Can ......... American Telegraph &
Telephone
Tobacco
American
"B"
Anaconda Copper Min-
ing
Auburn ...
Borden Company
Canadian Pacific
Consolidated Gas of
New York
Drugs, Inc.
**
115)
182**
Du Pont de Nemours 439*
Eastman Kodak
General Electric General Foods
General Motors International
1101
T » -Œƒ‡
66 2 2 22
TH==*£ ?
17:18* = * *
JHAR
JFK
54
6.179
Harvester 30
International Tel. and
Tel
Liggett and
Loow's Ine.
Mycra
Pacific Gas and Elec-
tric
*
*
Pennsylvania Railway 22 Radio Corporation ... Sears Roebuck
Standard Oil Co. of
Now Jersey
95
Socony Vacuum Carp. 113
Union Carbido and
Carbon
Union Pacific
United States Steel
=
878;
30
Westinghouse E. & M. 41
Please note telegraphed cor. rections.
CHARTERED BANK
DIVIDEND.
The Directors of the Chartered Bank of India, Australia and China havo declared an interim dividend for the past half-year at the rate of 14 per cent. per annum, subject to Income Tax. MEM
Vienna
Obtainable-
Prague
from
Helsingfors Madrid Liston
THE
Athens
3021
Bucharest
890
Belgrade
925
Rio
3/16 Nom.
Buenos Aires
Nominal
Montevideo
30 nor
Bombay
1/0 0/04
Shanghai
1/0 13/16
Hong Kong
1/45 Yokohama........... 1/13/16 Silver (Spot) ............. 18 9/18 Silver (Forward) 18 11/16
BRUNSWICK HOUSE
Arcade, Gloucester Bldg.
(Continued at next column.)
AWORD IN SEASON
THE business world is facing a period of slow recuperation. In it there is no place for undue optimism or undue pcasimiam. A measure of cautious proce- dure will see things through,
N. Z. Perpetual Forests, Ltd. “urges investors not to lose sight of the elements of Investment-security of principal and certainty of yield. It stresses the fact that the price of a security must depend upon "the conditions inside the issuing company and the trade and the conditions outside them. There is nothing else for it to depend upon."
Because of this, N. 2. Perpetual Forests, Ltd.advises investors to place their money In a "Growing Industry,” In an Industry with a constructivo plan already in action to meet a defalte public need.
The £30 bonds of this Company — payablo by instalments-issued to effect an affore- station programme of vital importance to International trade-amply socured-and with a conservatively estimated yield of £260 in approximately twelve yours-are
· long-term Investments of solid worth,
Full details may be had from
U.S. COTTON HOLDINGS
60,000 BALES BEING LIQUIDATED
[REUTER'S AMERICAN SERVICE.]
WASHINGTON, Sept. 8.
THE Federal Farm Board an-
ADVERTISEMENTS. DAILY SHARE QUOTATIONS
PEAK TRAMWAYS COMPANY, LIMITED,
T
NOTICE.
THE undermentioned certificate for 50 Fully Paid up shares in this Company registered in the name of Wong Fat has been lost; and should this certificato not be pro duced to the Company before 16th September, 1982, a new certificate for
nounces that the Staple Cotton the said shares will be issued and the Co-operative Association is gradu-old certificate No. 248 will thereafter ally liquidating 60,000 bales of the be treated by this Company as 1920 crop These stocks are not NULL & VOID, covered by the controlled cotton
announcemont
FORD SALARIES. TO
BE CUT
SWEEPING REDUCTION
PROPOSED
THROUGH REUTER'S AGENCY.]
Certificate No. 268 for 80 shares Nos, 2951/3000.
HONG KONG STOCK EXCHANGE.
Buyin Kolları Blow
$1,578
****
£115 6x4 v. £14 £91
ES#
SHAREBROKERS' ASSOCIATION.
THURSDAY, SEPT. 8:
Banks
Buy.co Bellazo
Balus Momina
H.K. Banks ********* $1,540}
Do. (London) .. Chartered Banks...
Mercantile Bks. "A
Do.
*
Bank of East Asia... $108
Bhipping
$100
N. C. & 8. Barks
$7.35
128
Am. O. Fin, Corp: M
28 84.80
China Fin. Corp. urd
Do
Prof.
Xumorances
31,+10
Canton InsurRICOF.....|
Underwriters
$1,410
JOHN D. HUMPHREYS & SON, General Managers. Hongkong, 17th August, 1932.
$2,50 $470 6480
Union InsuranGEM.......
:3
1600.
China Fires
SATU
$1,900
H.K. Fires
1050
International Assoc...
$4
(2470
$26
Dougins
Steambouss
1221
$45
Indios (prof.) ........................
65
$3)
Do. (ill.)
59/6
Shells...............
80/-
What a MARRY
$20
120
miz-up! Over-
$181
$9
Fide $2.10 ............
B10
$2.80
T4
T.st
T.1
3404
NEW YORK, Sept. 7.
FAR-reaching salary cuts are an-
ticipated shortly throughout| the Ford organisation.
Only those receiving the minimum wage rate are likely to escape the reductions.
night husband, make-believewife, fix-it-up friend! Roaring Earco-
THIS
IS THE
NIGHT
KWANGTUNG PROVINCIAL
BANK.
TO RE-ESTABLISH HAINAN BRANCH.
(From Our Own Correspondent.)
TO-
CANTON, Sept. 8. According to reports in circula- tion in the City, the Kwangtung Provincial Bank has addressed · å petition to the Provincial Govern- ment seeking permission to establish its former branch office on Hainan Island to take tempor- ary charge of the finances of the Island before the treasury of the Civil Administrator's Headquarters functions.
Efforts to get this confirmed have proved futile but from reliable sources it is learned that the peti- tion will be brought up for discus- sion at the meeting of the Provincial Councilt,, ***
NEW MANCHURIAN BANK.
JAPANESE-MANCHUKUO INSTITUTION.
-are
Mukden, Sept. 2-Plane. afoot among certain Manchurian and Japanese, financiers for the establishment of an industrial bank in Manchuria with a capital of Yen 10,000,000. The object is to provide a money organ for the development of industrice in Manchuria and Mongolia.
The bank will be operated, on what is described as a joint Japan- ese-Münchukuo" basis; but the de- tails are being withhold,
FRANCO-AMERICAN TRADE.
NEGOTIATIONS FOR TREATY MAKE LITTLE PROGRESS.
Franco- Paris, Aug. 27,--Tho American commercial parleys have not shown any remarkable pro- gress so far.
$4.65
41 Gagamount Giche
LIZY
wid
$10.401 $10
$75
DAMITA
CHARLIE
RUGGLES
ROLAND
YOUNG
CARY
AT THE
KING'S THEATRE
AMERICAN-ORIENTAL
FINANCE CORPORATION
$16.45
⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀ong fur mat⠀⠀mi uruu muuuuuul
$4,80
25/0
Water-bussta
Mining
Bengtsl Fld
Venozueta Kailans
Langkats (single)...
T9.10 Exploration......... 12.30 huughai Lotus ...
Hanus *********** Tronoh Mines
$40
20 ata.
Benguet Explorations, Dooks, WharVGS, Godowns, etc. H.K. & K. Wharves. Providenta (old)
Do (new)...
ace
H.K. & W. Docks... 5. China Motors A'
Do
Shanghai Docks New Engineerings
· T.218]· HongkoĦI mu
Lands, Hotels, and Bulidings
H.K. Hotela (old) | $10,40|
H.K. Lands
(now) $10
T.241 Shanghai Lands
Tu Metropolitan Lands..
HK. Boalties.........
T11.40 China Do,
Do. Debentures Humphreys
$140
$2.20
$25
810
38
T.87
T.51
Gatton Mills
BOLLA
$140
$2.20
$24
$10
$10
1,88
T
10.45/50
$70%
$9.10.
T.06)
516
$16,20
$140
$28
GRANT
$100
Asia Realtice "A"M
Do. Chinese Estates.
"M
T13.85
Ewoa
COMMENCING
TO-MORROW.
T.63 Bhai Colton
T.68,
T11.10 Zoong dings
T11.30
$140
Wing On Textila(8) $133
Pubilo Utilities
$22.10
Tramwaya .........
$101 37
Posk Trams (old) .......
315
Do. (now)...
57+
192
Star Ferrins....
301.
ERAT
#15)
$261 Yaumati Ferrios (old)
ᎠᎴ,
(new Chins Lights (old)...
Do.
(new)...
3364
[$15.40)
$18
H.K. Electrica
$24
Macau dor
Sandakan Lights
$23 Tolephones (fully pd.)
$28
$22.20
T.10 China Buses
14/
(part pd.)] 213,25 322.20
(prat)....
T14 - Caldbeck,
Lord.)
1.101 Macgregors (pref.)
Cements (comb.)... $3,20
(old)...
$3
(DW)
$10 $8
$12.05 Ropes
$12
$10
$27}
1271
$19)
$13:
$6.70
$1.70
$5!
$21
Der A. Wings......... Amusemente s*** Ch. E'tainments.. Constructions, (old)
Do. Lane Crawfords... Mackintoshs.*******
$20 $135
361
(new)
$1.40
$5.33
Nanyang Tobacco... $41
816
Sinceros
$16
$13
$19
$12
$9.38
$10
Agents in Hong Kong
Asia Lands Limited
Gloucester Building, Telephone 28820.
40-HOUR WEEK PLANNED
FRANCE ABANDONS
SCHEME
(THROUGH REUTER'S AGENDY.)
ROME, Sept. ** WITHOUT awaiting the meeting of the International Labour Office in order to discuss the matter, It may he recalled, in this con- the Italian Government has coo. nection, that during the first quar-voked a meeting of employers and ter of this year France imported workers throughout the country, to from America, for a sum of francs deal, with the proposal to reduce 3,800,000,000, whereas her exports | the working week to forty hours. to the United States amounted only
to franca 356,000,000,
In view of the courteous 'tone of these negotiations, and of the com- mon desire to thieve positive results, it is hoped that the two countries will finally reach understanding.
MALAYAN TRADE.
JULY SHOWS FURTHER DECLINE.
The month of July saw a further decline in Malayan trade, the total imports of merchandise being $27,232,801
EXCHANGE.
CLOSING QUOTATIONS,
ON LONDONI —
·Bepsember 8, 1939,
Telegraphic Transfer... 1/42 Bank Billa, on demand 1/3). Bank Bill, 4 months'
sight
Grodita,
sight
OB PARIS:
Bank Bilis, on demand 600 Credits, 4 months. Kight 610 On New York:
Bank Billa, on demand 23)'. Credits, '60 days' right. siĝ Boxway :- Telegraphio Transfer Bank, on demand ... Calgutta S-BAN Telegraphic Transfer. Bank, on demand' BRANGKAI **** Bank, – at night ... ME ON TOKOHAMA *-*-*-*-*-*
and the exports Or $22,125,845. This shows & decrease in imports of 811,460,219 compared with July, 1931, and a decrease of 1 On
3,602,291 compared with June of this year. The export figures re present a drop of 810,341,431 from Ox those of July of last year and
$13.15
wuud m⠀⠀ 2 ng man?
J
312+
1.51
prem 31%
31290
$10
$140
***
Industrials Malabon Sugars
Canton leas
Uh: Agricultures
Miscellaneou Dairy Farm
Watsons (old)
Lo. (new)...... Wm. Powella
M. Greyhounds......
5. C. Enterprises ....
United Theatres......
B. Ini, G. Bonds... 60.
H.K. Gort Loans... $103 Wallace Harper China Sports Ltd.... B.K. Wing On.....$220 S'hai Do $200
LOCAL AND REGULAR OUTWARD MAILS:
Yoona & Tanaban.
Jongmoon (except Baturday,
Kaukong (except Saturd
}894
“Vataban and Wuch
Train)
WEEK DAYS.
FROM
( 7,15 am) k}ƒ T.BU MINU 1.1.15 p..
$23
SUNDAYS & HOLIDATA
FOR
FECK G.P,O.
SEMUNGWAN BRANCH PO.
FROM BARUNGWAN 4.P.0.
BRANCH PO.
1A1
month
CRALOD
Baishui and Wtiehow
direct steamsøer)
( 7,15 mm;4] $27,00 mán. 16,00 puta.
(7:15 am, de
(Br4.00 p
17.00 pe
(4.00 pin,
17.00 p
1.00
(8,35 sisis)
1.1,80 p.m.
6.00p.m.
6.00p.m. 6.00 pm.
2.15 p. Sundays 6.15 m. only: 6.00pm
1.30 p
Sundays 8.30.
Lonly
·000 po
6.00 130
7.18 mitme
7.15
11.00.
€ 9,00 m,bu à
9:00
8.00 pm
'ƒ 9.00 am, &
11.00
AP.B,
ordinary) and tin showing as ap- O BA100M-On demand preciation. Damar No. 1, palm oil, On BangzOK;—, black pepper, pineapples, rattans pit On demand summen. 1874 and tapioca flake all fetched lower Soygaxions, Bank's Buying prices, while there was no change Bate IVSEM FORNIREKTİON
On" demand
Shumchon
Channgehow
Aberdeen.
·Stanley ***
Pingal
2800 px.-1
1.00 p
11,00
16.00p.m.
& 5.00 p.m.
2,000
1:00 B
1990 pun 8,80,
$30
$50 p
10.40
430 p
10:30.
in coconut oil, rubber and ten to Dan Silvan, per că moart 10 11/18-
Karn
814kht & Taiping
7,00
720 pa
N. Z. PERPETUAL FORESTS,
LIMITED.
Asia Life Building-14, Queca's Rd., Central,
Telophone 27824.
| 81,594,831-froin Juno, 1932 -
Both imparts and exports touch On demand... 1.0 the lowest figure of any month this On Manila-On demand.... 47 year. Average commodity prices | ON SINGAPORE made a alightly better show in July | On demand com than in the previous months, areen- | Ow Batavia!-On demand, BNI : nuta, coffee beans, sundried, copra, Ox HairxonG 1---- white pepper. rice (Biam No. 4
Tai Po
1.00 pm.
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