Page
Buyera Baiers
Balee Nomisal
WEDNESDAY, SEPT. 14..
dallarm Buyer
Sales Bomine]
HONG KONG STOCK
Banks
MARKET.
HLK. Banks
£118 £14
**********| 31,E85. Do. (London)...
Chartered Banka ...
Mercantile BE. "A"
YESTERDAY'S OFFICIAL
A.O.F.C. QUOTATIONS.
Do.
201
$100
Bank of East Asia... $108
QUOTATIONS.
N. O. & 8. Barks
571
+
128
Am. 0. Fin. Corp: M
China Fin. Corp. Urd.
Hi
Do.
Prof.
$4.00
Insurances
31,440 Underwriters
***
Union Insurance
1020
China Fires* $630 H.K. Pires.
3490
ing.
$1,9:0
Skipping
Dougisse
191
326
#32)
345
25/
Do. (def.)
$31
80).
Shella
Venz, Goldfields $3.
$1,3
Water-boats
in
320
Hotels (Old) $16.70.
19
Mining
Bonguota $16.75
Hong Kong Lands $753.
Venezuela Gold Fida.
$2.05
Ewo Cottons Tls. 13.00.
$3
Kailana
28/9
95/-
T.4
Langksts (single)...
19.30 abs
12.10 Shanghai Loans ***
Explorations.........
T.28
Coments (Combined) $14.40/14). Dairy Farms 807).
Ti
3404
Tronoh Minus. 18;6
Benguet Explorations
10 ats. Docks, WhaRTIG,
Buyers.
Godowns, uto.
Hong Kong Banks 81,585.
$140
HE. & K. Wharres. $138
Union Insurances 8490.
Provide uts (old)
$4.85
Air Reduction ........... 957 Allied Chemical and
$4.85
89.30
Do.
(now)...
$2,20
Dye
い
125
International Assce. Tls. 4
American Can
$10
$10
$8.
Do
"13"
$10
Hong Kong Steamboats 22).
American Telegraph &
*1.87
Shanghai Docks
1.88
Union Waterboats 820).
To
New Engineerings
T.&3
T218
Hongkowa.............
Landa, Hotels, and
Benguet Consolidated 817), Raubs 840).
Telephone
American
Tobacco
"B"
Buildings
$10.85
$10
$10.70
$75}
H.K. Hotels (old) $10.60)
Anaconda Copper Min-
Do.
(new) $10.00
ing....
H.K. Landa
$751
T21
Suaughal Lands ....
Auburn
Tu
Metropolitan Landa..
Borden Company
H.K. Resities.........
18.70
414
Wong On Textiles (Shanghai)
Canadian Pacific.......
Consolidated Gas of
$18,20
$100.
New York
Peak Trams (New) 87),
Drugs, Inc.
Du Pont de Nemours.. 301
China Lights (Old) $18.00,
T13.70
China Lights (New) 816.
Eastman Kodak
T.60
T11:30
Hong Kong Electrics $74.
General Electric
+
**
Malabon Sugars $27.
General Foods
Cements (Combined), 14.60.
$16
General Motors International
Lane, Crawfords 85.40,
$90
$354
Hong Kong Government Loans
Harvester 25) International Tel, and
Tel. Liggett and Myers
"B"
Loew's Inc.
Hong Kong Landa $751.
828
T10
20
14.40/2
(part pd.) 123
Tructions..............
Industrials
Malabon Bugurs
T.14 Caldbeck, Lord.),
Macgregors (pref.];
Canton Icea...............
Cements (comb.)... $14.40)
Hong Kong Realties 38.00. Hong Kong Ropes $12.
Pacific Gas and Elec-
tric
328
LONDON EXCHANGE Scurs Rachuck
301 Pennsylvania Railway. 18 Radio Corporation
201
22
DAILY SHARE QUOTATIONS
$1,080
$2,80
$490
$201
$2.00
$401
T.131
$150
#15) 37+
$16.50
HONG KONG STOCK EXCHANGE.
* * * ! ! ! ! ! !
!! !!
$5.00
106
SHAREBROKERS ASSOCIATION.
Canton InsurKSIOON.......
$1,200 International Asace..
Hteamboats
Indos (pret)
1.K. & W, Docks ...
8. China Motors* Â',
316
$140
128
100
Ewo
T.6311
1st
T13.00
T11.40 China Do.
12981
Do.
Debentu.cs
Humphreys
*****
Aria Rosition "A"M
Do. "B"M
Chinese Fatates.
Cotton Mili
Bhai Cottons.
****
T11.30 Zoong Sings .........
Wing On Textiles(9.) $142
Pabllo Dulkin
Tramways.....$21.75
Peak Tram (old) ....
Do,
Star Ferrics
Yaumati Ferrios (old)
China Lighta (old)... $18.45)
#
8212
#
309
$45
$34
(now)...
Do (new)
$18
Do (new)...
$16,15
374
H.K. Electrica
$741
Macao do.
$12
Sandakan Lights
328
Telephones (fully pd.)
Do
T.10
China Hoses
21-
14/
Do.
(pref.)
HONG KONG DAILY PRESS, THURSDAY, SEPTEMBER 15, 1932.
Money and Markets
..
NEW YORK STOCK EXCHANGE.
New York, Sept. 13.
The attention of the market is Dow Jones Averages:- still concentrated on Camerita, $1,410 Lights and Hotels, which mode á
further advance yesterday morn
20 Rails
Sent. Sept.
19. 13. Change. 30 Industrials 72.20 69.85 9.35 down 34.22 32.57 1.85 down 19.22 30.73 1.40 doša Trams, which have been somewhat 20 Utilities quiet for some time past, were also
Mosers, E. A. Pierce and Co. an active market, rising to #92.
Report.
Salés,
Hong Kong Amusements 820. Constructions (Old) 80.65/6.07).
China Underwriters 89.80.
Venz. Goldfields 82.80.
Providents (Old) 84,85,
Hong Kong Hotels (Old) $10.65..
Hong Kong Hotels (New) 810 Evo Cottons Tis. 13).
Peak Trams (Old) $15).
Watsons (Old) @12).
United Theatres Tia. 5.35.
41 per cent. premium.
Sellers,
mors
The market showed signs of bottor support to-day, but it seems likely there will be at least one session during which the market will have to stand further pressure The general buying signal is not yet
clear.
TRADE BETWEEN NEW ZEALAND AND FAR EAST
HONG KONG BUSINESS MAN IN CHRISTCHURCH N.Z.
GREAT POSSIBILITIES FOR TINNED GOODS IN CHINA.
We have received the following article from "The Preis" of Christchurch, New Zealand. Hong Kong prople will read with
- interest, and approve, Mr. A. McKirdy's vigorous sentiments:
COTTON DISPUTE
CONFERENCE
EMPLOYERS AND MEN MEET
(BRITISH WIRELESS SERVICE)
RuGay, Sept. 13. AT& Conference of employers and employees of the Lan- cashire cotton industry today Mr. F. W. Leggett, Conciliation Officer of the Ministry of Labour, who presided, gave a detailed explans- tion of the letter addressed to both
Betterton, Minister
Labour,
of
That if New Zealand producers their low costs of production. How. would take more notice of Chinese ever, New Zealand nud Australia sides several days ago by Bir
Henry requirements, and label their goods 'should be able to find a market for in ng attractive a fashion as the goods that were not exported by Canadian and American exporters, Japan, and Japan also needed those they would find
a tready market goods-meat and tinned foods, foi awaiting them in the East, was instance. the opinion expressed by Mr. A.
The Conference appointed a com- mittes of five representatives from each side to draw up a plan of
It is understood that the sub-
The present was the time to open proordure, and adjourned till to McKirdy, a Hong Kong business up potential marketa and what was
morrow, leaving a sub-committee man, in the course of a chat with needed amainly was high-class sales of ton in session. The Press. Mr. McKirdy is spend-manship. His advice was for New Business Done 5,100,000 shares,ing a few weeks of leisure in New Zealand producers to get into touch committee discussed the question Zealand, visiting old friends, but with the Hong Kong Dairy Farm of reinstatemont and is expected, Sept. while in Wellington he met mem-1 Cold Storage representative. "China to present a report to-morrow,
77
bers of a syndicate who purpose will become a great country, given opening up a tinned goods business a fair chance," continued Mr. Me with Hong Kong and Shanghai, Kirdy.. "An. she dovolops, so wil and he intends to give them all the foreign trade develop. What China 33-assistance possible.
needs most is railways. At present it takes a long time to bring good from the interior to the markets, the goods having to go down long rivers and streams in junks and
E
777
Mr. McKirdy retired from ac tive business some years ago, and now be obtains his business inter- est. and the excitement he deems necessary from an occasional spe- small boats and then, very often, calation on the stock markes, I for long journeys ou aules and
has spent 30 years in business in ponies.
Hong Kong and is well qualified i
to speak of the prospects of New Zealand trade is that city.
RS. 300,000,000 IN 4
HOURS.
AMAZING RUSH FOR INDIAN
PER CENT, LOAN,
Calcutta, Aug. 18-Four hours after opening the new Government of India 5 per cent loan olosed
Neod for More Ballways.
yesterday afternoon, the subscrip tions then totalling Rs. 300,000,000 "When railways make the mar-
or Rs. 50,000,000 more than the keta more accessible, China will amount the Government required.
Dominion Representation. | take her pinca in the world. There, At all branches of the Imperial
is a great need for opening up the Bank there was a rush for applica "During my recent stay in Wel
country. She is very wealthy in tions to subscribe, and in Caloutta lington I was interviewed by reminerals, and mining will be 17 presentatives of n syndicate known
the offices of the bank, were be- great industry when communion-sieged from 10.30 a.m., the time the as the Eastern Trade Development tion is easier. Another urgent need loan opened.
Members
of ovary community
24 Shanghai," said Mr. MoKirdy. "It Chinese waters is being wiped out, poured into the bank brandishing
the British Admiralty having a looks as if they mean business, and scheme by which it is kept in touch of women were to be seen in the application forms. A good number
Last Sale
Sept.
12.
11,
350
50
1142
113
781
13
12
62
54
291
188
10
610
551
454
49.
37
844
-511
187
301 101
16)
up
Company, which purposes opening offices in Hong Kong and
is a stable Government. Piracy in
117
11
!
35
Standard Oil Co. of
RATES
814.40
$10
Do.
(old)...
th
$31
Do. (new)...)
$3
{HHITISH WIRELESS SERVICE]
New Jersey
331 Socony-Vacuum Corp. 19 Union Carbide and
32
THI
Carbon
312
Ropes-*-**
201
$12
201
$10
Chi Agricultures"
Union Pacific
Miscellaneous
Rugby, Sept. 13.
741
73
הזור
$27
144
Dairy Farms
$271
8274
Paris
28 15/10
Der A Wings.......
New York
3.483
United States Steel... 45 Westinghouse E. & M. 37
320
Amusements....
$20
$134
Ch. Etainments.......
$13
Montreal
3.85
$5.40
$60.5/ 6.67€
Constructions, (old) 36.00 $8.86
Brussels
25.14
31.70
Do.
((now}} $1,40
Lane Crawfords...... $5.60
Genova
18.00
821
-816
424
512
$3.36
WI
$10
38}
*C5,35
00%,
prem
10
AH
Mackintoshs
pincerea
Watsons (old)...***
Do. (new)
Powells.......
M. Greyhounds......
G. Enterprises
United Theatres.
B.
. Ind. G. Boada... 63").
H.K. Govt, Loans... $103
31200 Wallace Harper......
China Sports Ltd....
Amsterdam
8.67)
Nanyang Tobacco... $4
Milan
$16,86
67 15/16
$13
Berlin
14.04
2121
33.30
Stockholni Copenhagen Onlo Vienna..... Prague
19.49
10 9/32 197
Nom. 1171
THROUGH REUTER'ę "AGENOT.)
Helsingfors
2321
5240
H.. Wing On ...... $285
Do. S'hai
Madrid
43 5/10
$215
Lisbon
110
LOCAL AND REGULAR OUTWARD MAILS.
Athens
5021
Bucharest
5874
----
Canton
shamchus
choungahow
Aberdeen
Autas
341
Pingeban Bantin' Shatin,
- Khafsakok and. Ebeing?
Shikung sai va sa
Famão)
1,00 p.m. €9,00 m,& 8,00p.m. €9,00 8.1. 18.00 p.m. 1,00p.m. 16.00 p.m.
8,00 2.2. 12.30 p.m.
8.50
300 p.m.
£30 p.m
7.00 F
11.00,, 9.00
11.00
(11.00a.m.
6.00 pm.
8.00 11.00 in 880 20,
10,30
10.30.
WEEK DAYB,
SUNDAYS & HOLIDAYS
FOR
Глом Q.P.Q.
FROK SHJUNGWAN Branon P,G,}
Frox O,P.Q.
Frox BRICKOWAN Вилис
PO
₫ 7,15 a.m. & ƒ 7,00 m. 10.00p.m.
17.00 p.m.
Famahui and Wuchow (By)
direct ateamer)
4.09 pts.
(7.25 mm, 4) 17.00 6 (*5.00 pm 4.00 p.m. 400 p
Yokohama
17.00p.m.
0,00
Silver (Spot)
++
Afsono & Tainahan
(7.16 mm. &| 1·7.30 a.20. |
1.15 p.
1 1.80 p.m.
Kongmoon (except Saturdays)
5.00 p.m
Kankong (sept Saturdays).
6.00 p.m. 0.00p.m.
(8.15.m.] 8.08
1.15 p. Sundays 215 am, Lonly
5.00 p.m.
1.80 p.m.
Sundays 8.80 E
only
6.00 pr
6.00 pa
Agonte in Hong Kong
Fatahan and Wnchow (By)
7.15 am
7.15 am.
'Train)
Tal O
Tai Po
Belgrade
Rio d
Buenos Aires Montevideo
Shanghai
Bombay
Hong Kong
910
53/10
Nominal
30 пот 1/90/32
1/8 5/32
1/41
1/4
•178
Silver (Forward).
AMERICAN-ORIENTAL
FINANCE CORPORATION
Asia Lands Limited
Gloucester Building. Telophone 28880.
TARZAN
IS
COMING
7.00pm
33 stores in Hong Kong, and, while attacked by pirates the Navy rend- I saw lorge quantities of Austra-ers prompt assistance. As a mat- 20ian and American tinned goods,ter of fact, banditry is not common
In South China,” 18 there appeared to be nothing from New Zealand. There is no reason 21 why New Zealand should not be re. presented. The American and Cana. dinn labels are very attractive, and 10) it only remains for New Zealand
to fall into line in this respect.
Actually New Zealand seems to that in both States business rucn
34)
Before coming to New Zedlund,! Mr. McKirdy spent a fortnight in Australia, and he agres with others who have been there recently that Victoria is n good deal more pros perous than New South Wales, but
be waking up to the fact that there are very cheerful about the presen
IMMIGRATION. TO MANCHURIA.
V
500 JAPANESE TO BE SENT AS EXPERIMENT.
Mukden, Aug. 31.-As a first ex- periment the Overseas Ministry is planning to send some 500 Japaa-
421 are great possibilities in China for and hopeful of the future. In ese immigrants to Manchuria shor
her, tinned goods. From what I Sydney it was considered that if ly, cach immigrant to receive a have seen, the Dominion has un xthey could get rid of Mr. J. T Government subsidy amounting cellon; opportunity awaiting it in Lang things would improve consi- about Y500. In case the experiment Hong Kong and Shroghai," he derably. When the news of Mr. proves successful, dispatch of ¡m- said.
Lang's removal from office arrived migrants on a larger scale will b in Melbourne Mr. McKirdy was at carried out, it is reported. the musical show, "Blue Roses, Because Manchuria i ndt, still.
NEW YORK STOCK SLUMP
LOWER PRICES AGAIN RECORDED
NEW YORK, Sept. 13.
Australia and China..
The natives of China were the and the announcement of the news absolutely safe, attacked occasion- hardest working natives in the in the theatre was the signal for ally by bandits, the immigrants to world, said Mr. McKirdy, and the audience to stand up and churr.be chosen will be restricted to ex- their word was their bond. The artists provided considerable service men who can live and work, For Hong Kong he has the entertainment by their references to in groups. According to Secretary greatest admiration, and the the incident during the evening
pride in the city of his adoption has not diminished since he retired
FOR the second successive day, from the sugar refinery trade the Stock Exchange reacted there. The qucation of Hong Kong from the recent optimistic levels. as a likely market for New Zea
A severe break at the opening and goods was well worthy of in was only partially redeemed by a vestigation, he said. On the way rally during the afternoon, and to Australia' he travelled with two prominent descriptions closed Australian business mon who had
several points down.
(BRITISH WIRELESS SERVICE)
יי
RUGBY, Sept. 13
EXCHANGE.
CLOSING QUOTATIONS,
September 14, 1932. ON LONDON:--
Telegraphic Transfer... 1/3} Hank Billa, on demand 1/31 Hank Bills, 4 months'
wight
ON
beca in Hong Kong for the pur- pose of developing trade. there, and they had made what they consider O ed a very good connexion in the A sharp set-back in commodities city. One man, who dealt in flour, resulted in substantia) declines in was well satisfied with the result of share values on the London Stock his trip, and was of opinion that Exchange, market today. The tei. Į good business, would be done, pro- dency at the close, however, was vided bis firm would make certain atendier at lower values. Leading alterations to suit the new contin- British funds mostly gave way oneers. For instance, the Chinese liked eighth to a quarter, but Conyer to have his flour marked with the sion Five Per Centa. were firm.
LLD. CERTIFICATES.
characters of his own language,"
Shipping Difficulties.
PAR-
Bank Bills, on demand 690
NEW YORK -- Credila, 4 months' night 630
Bank Bitla, on demand 23
Credits, 60 days' sight, 24j ON BOMBAY -
Telegraphio Transfer Bank, on demand ..... CALOUTTA
Telegraphic Transtes Jeze
Hank, on demand .........
OR SHANGHAI *****
Bank,"at aight...
ON YOKOHAMA :-*
On demand........ ON MANILA-On demand.... $8 Or SINGAPORE:--
One difficulty which the Austra lians.met on their trip was that of On danand shipping, there not being, at the O BATAVIA:-On demand. 878 Mesars, A. Cloake & Co., local time, sufficient tonnage to carry all On Hairbong:--
the goods that Australia could ex-On demand agents for the Société Interport to Ching, Again, if the Chin-Or: BA1000:---On demand
UN BANGKOK :-*,, nationale de Placements, Basla, ese and Japanese were to come to a
On dasand ............... havo received a cable that IT.D. complete agreement, Japanese goods
would come back Into the Chinese Bovators, Bääk ü Büying certificates were quoted at Bass market, and the Japanese Culd
* Rate on Tucaday at 23. 28. Od.
sail anyone else on
140)
Nagai of the Overseas Ministry, who is here, a site for the immi- grants' forms has been chosen in south-eastern section of Kiria, where the soil has been found for tilo.
The immigrants will produce beans, kaoliang and millet, aci will also engage in cattle raising the secretary said.
"Gentlemen's Agreement” is the phrase of the moment. Begun, by- the income tax drive earlier this. year, its popularity has boon sealed by its use to describe the Lausanne Pilet, so that to-day wags can scarcely utter a couple of sentences. without dragging it in.
A few months ago everybody was 'seeking a formula," and before that, for a time few men could so much aŋ go out to lunch without announcing with mock solemnity. that they were "declaring a mort torium" for an hour.
Apparently, politics now givo birth to the catch phrases which used to be invented by music-hall' comedians and their lyric writers- which sccine to show either that we take our politics les seriously or that our variety stage has lost its presti
their intention is to export tinned ment and fruits, butter, and other 69 things. I have been over the big
with all shipping to and from Hong Kong Immediately the ships fro
crowd,
Credits,
night
.....1/4 months'
1/41