DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE.
SHAREBROKERS- ASSOCIATION.
MONDAY,
Buyers Bellern Dame Nomina)
Billers Bujart
Balse Wamine?
OCT. 17.
Banks
$1,636
£17
HK Banke
Da. (London) ...| Chartered Banks .....!
HONG KONG DAILY PRESS, TUESDAY, OCTOBER 18, 1932.
MONEY AND MARKETS
$1,626
10
TLES
CLT)
£14
2141
222)
Mercantile Bks. "A"
ST.70
Es
Do.
$100
Bank of East Asia...
$109
20
N. C. & B. Backs
571
$28
Am. 0. Fin. Corp: M
16
China Fis. Corp, Ord.
0450
Do.
Pret
11.90
Insuranose
$1,375 Canton Ingurandos....
$500 Union Insuranose... $620
International Aseco..
Underwriters
Chins Firos
$1,200.K. Fires.
$4.16
Shipping
3241
Douglassd
#23
Steamboata
$45
Indos (prof.)
$32
Do. (del.)
50/7 Shella
3201
Water-fuata...
Mining
#181
Benguets... - *****
$3.40 Venezuela Gold Fila. $3.16
$1454 $4.85
||
20 eta Bongast Explorations
14/-
A.0.FC. Average of Shanghai Stocks
1930
TWENTE PEPRESENTATNÉ STOCAL
October 11.
$1,420 12.00
3500
$875
$1,200
2000
14
24.00)
BRAL
65/
80%-
1075
3907
FILON
$18
21.00
95/
T.4
(sin glo...
FLES
*T2.10
T
2100)
T2.30
Lone
1.
|21,79
$10
Hanbe
$401
21.40
Tronoh Mines
16/0
21.00
Docks, Wharvon,
5771
Godowns, eto,
II.K. & K. Whuurvos.
50.34
3:46
Provideate (ohl)... $4,00
$2.39
Do. (new)
$2.20
19.00
126
H.K. W. Docks
210
B. China Moton' A'
$10
#H
Do.
*"
810
1.90
Shanghai Docks ....
T.91
T.B
New Engineerings
TLI
1.225
Hongkows
Lands, Hotels, and
Buildinge
812.10 $12.20] 312,10)
H.K. Hotola (old) | $11.65|
312
301
Do. (new)
#13;
$753
H.K, Lande * $70.
$76
241
Shanghai Landa...
T.10
Metropolitan Lands..
101
80.85
|1,064
Do
Debentures
$16
$140
Humphreys M Asin Healtion “A”M
+
$28
De.
"B"M
$100
Chincan E-tates,
Ootton Mille
*T14,60
T.:43
EWOH
P14.80 T.15 |T14,75)
T.70
B'hui Cottona..
T.11
T.08 {{{
BAR
*
Wing On Tortilos(S.)
$145
Public Utilitie
322
$22.90
HEAVY BURDEN ON INDUSTRY
$10
Park Tráma (old)...)
$15)
371
$21
Star Ferries............
3011
535
**
1341
334 $172
25,000,000 WEEKS LOST BY SICKNESS
$17.40
(new)...
$ 71
$784
$77
STBI
824
Macao do.
$28 $271
H.K. Realties......... 15.85
[TI140) Chins Do
Loong Sings
Trainway..................
Do. (new)...
Yaumati Ferries (old)
Do.
(new
$17,80 Chins Lighta (old)....
$12
Do. H.K. Electrica
Sandakan Lights...
$281 Telephones told)
++
IPT
$27
Do (now)
T.10
Buses
2/
Tractions T
***
14/
Do. (prof.)....
Industrials
#271
Mainhon Sugars
325
TI
Caldbeck, (ord)
T.
Macgregors prof.)
$51
16.
Do. (old)...
311
**
Do.
(now)...
$2
$191
Canton for .......
$14.30 Cements (comb.)... $14.15
BLA
$3)
$180
***
$10
1271
aca
$1
$17
$13
Ch. E'tainment..............
36
31.45
10.40
821
$12
$15.40
| $11.80
Ropos Ch: Agricultures
Miscellaneous
Dairy
Far.....
Der A Wings.....
Amusements
Constructions, (old)
Do. (Dan)
Lane Crawfordà.... Marrintushs
Nanyang Tobacco... j
Biuceros *****n
Watsons (old)
Do
(now)
$3.36 Wm. Powells
$10 Greyhounds.
$151
M.
831
S. C. Enterprises...
1'5.95
United Theatres
69%
B. Ind. G. Bonds...
prem. 4.
H. K. Govt. Loani...
***
Wallace Harper
3:0
$235
H.K. Wing On S'hai Do.
China Sports Ltd...
$15
PAT
أكل
1131
1£19
İTLESİ
[16:00]
33.19
(12.15)
13.00
-|12,15)
[1231]
CLOBED
41200
Saturday, Trams were steady with buyers at 31.75. Ewos were vari-
WILH
11.
JKS.
[1101]
RUSSIAN CIL FOR JAPAN
INDEPENDENCE OF GREAT BRITAIN AND US.
WILL THE SCHEME SUCCEED?
TEA PROFITS
HOW THEY HAVE DWINDLED
SINCE 1020
London. A heavy decline in the sarnings of the leading Indian and Ceylon tea companies for the poat throo years is revealed in an anal- Takyn, Sept. 27-A desperate at-ysis published by a firm of London tempt to evercome her dependency stockbrokers.
on American and British oil-and, The Assam group's earnings de- incidentally, an attempt to try and éressed from £1,930,000 in 1999 to harmoniza capitalistio industry £112,000 in 1930 and £235,000 in
with the industrialism of socialism-
was, recently undertaken by Japan 1931. The Cachar and Sylhet group when, towards the end of August, made a loss at £27,000 in 1929, and Mr. Kojiro Matsukata, better 200,000 in 1031. The Darjeeling known in Japan and elsewhere as
The former President - of the group's earnings diminished from Kawasaki Dockyard Company of £114,000 in 1020 to 461,000 in 1831. Kobo, left for Rusaia qua semi- The Douards group's earnings de- official mission to organise a gigan- 1
tic, join Russo-Japanese ail enter clined from £370,000 in 1999 to prise. The War Offico is believed 443,000 in 1931.
to be behind this move, the primary
The Ceylon companies' carnings
object of which is to ensure for diminished from £2,234,000 in 1924
Japan a source of oil, independent
of the two Anglo-Saxon nations, in to £053,000 in 1931. the event of untoward occurrences.
Similarly eight companies in the
The spade work, for the establish-Dutch East Indies, which mado a ment of such a Russo-Japanese oil, profit of £479,000 in 1920, show an enterprise had already been done by aggregate loss of £275,000 in 1931. Messrs. Junkichi Kato and Kiyoshi Hori, well-known in Japan's oil circles. Mr. Matsukata's mission.. it has been understood, was merely to put the finishing touches. •
The plan is to import 40,000 tons of gasoline, machine oil and other manufactured oils during the first year: 75,000 tons in the second year and 90,000 tons in the third year. limited, white cereal prices have Big oil tanks are to be installed first in Niigata, Nagoya and Osaka dropped.
and later in Taurmui (near Yoko- hama) and Moji, and the idea is to wage, in alliance with the Soviet, a war against the Rising Sun Petro- leum Co. and the Standard Oil Cb. of New York.
Evidently frestr buying necessary
for an increase in the volume of turnover on the local Stock Ex-
The Shanghai Stock Marke; pass ed through a quiet week. In enable and China Realtics very quiet. extremely uneventful session on When trading
resumed on Wednesday prices drifted trendless. ly. Trading was dull on the fol- Tuesday price changes were hardly change has now been showing up. lowing day again; cotton shares, noticeable. China Finance had The distinct possibility for bugi- which were in good demand, being buyers at 5.05, International As inesa rovival should enliven, the in- the, duly exception. No importance 'surance was wanted at 4.30, Shang, terest of long pull investors who was attached to the movement, how-hai Land was in demand at 21.25. base their calculations on funda- ever, owing to the small turnover. Local plece goods markets have mentals in the stock market and There was no manifestation of in, been very quiet during the week should influence them to make com- creased trading activity on Friday, under review, orders being verymitments in sound equities with changes sind in all depart ments. In anticipation of the ob. of the Chinese holiday. servance
done on very little business was
dustrial Health
Tigh for 1931-32
Low for 1031-33
COUNT HAYASHI RETURNS
S.M.R. TO EXPLOIT MANCHU GOLD AND OIL FIELDS.
Tokyo. Count Hayashi, Presi The report of the British la dent of the South Manchuria Rail Research Board ways Company, who has often post for the year ended june 30 lastponed his departure for his post, refers to the environment of the hne left for. Dairen, worker under the modern condj. tions of industry and to loss of time owing to sickness.
A
October 3, 1002-90,53 September 19, 1901–29.60 July 12, 1032-10.00 October 11, 1030-90.55
JAPANESE LOAN SCHEME
POPULAR
RUSH OF APPLICATIONS TO INDUSTRIAL BANK.
new
Y.50,000,000
Heavy Oil From Shale. Japan has yet other schemes to render her less dependent on for- eign countries for her oil supplies. There is oil in the northern half'
EXCHANGE.
CLOSING QUOTATIONS.
October 17, 1032
ON LONDON:-
Telographic Transfer... 1/31 Bank Billa, on demand 1/37 Bank Bill, 4 months'
sight
......1/4 Oredits, 4 months'
sight
1/42
Bank Bills, on demand 3-0 Credits, 4 months' sight #20
ON PARIB:--
On New York:-
O
...
Bank Billa, on demand 59 Credits, 60 days' sight, 137 BOMBAY
Telegraphic Transfer 879 Bank, on demand ..... OLLOUT:-
+
Telegraphic Transfer Bank, on demand ON SHANGHAL :--
Bank, at sight ... ON YOKOHAMA :---- On damand
...} 751
16
of the island of Saghalien (which, UN belongs to Soviet Russia). A com- pany has been organised by such financial interests as the Mitsui, Mitsubishi, Sumitome and Okura Pampanies to purchase crude oil from North Saghalien.
There is also the much-talked-of ON MANILA-On demand.... 45j
ON SINGAPORE:-- scheme of extracting heavy oil,
On demand
50% shale-from the Fushun coal mines, ON BATAVIA:-On demand. 661 but this projected venture has not
ON FIRIO advanced much beyond the stage of formulating elaborate sehrmes.
On demand
Os 84100N-On demand UN BANGKOK:-
Japan is also trying very hard to And a substitute for the American
On demand ....... 140 automobile, if not for all foreigu | BOVERSIGNS, Bank's Buying cars. The military insist that 媳 Bats
***** 1/49 way must be found in the in-BAR BILVAR, par ce 17 11/18
according to present indications, an infant motor car industry is to ba created for which the public will have to pay either with a subsidy or indirectly through higher duties. on foreign cars,
Tokyo. -The loan scheme for small merchants and industrialists, which was interests of national defence," and, augurated on October 1, is popular, The Japan Industrial Bank re: ports à rush of applications to its head office and branch offices. On October 3, as a matter of fact, such applications made a total of about 1,000. The Osaka Branch says that it is receiving several hundred visi tora a day over the loan,
The Japan Industrial Bank is
He is quoted as saying that on his return he will start on a tour of inspection along the Railway. Discussing sickness absenteeism, He sincerely hopes that in view of the report states that, from a com the present momentous situation, parison of thirty firms, the Board's the entire staff of his Company will
range of faithfully discharge their duties. investigators found from, two to fifteen days' absence
As regards the establishment of through sickness per person per the Showa Ironworks, Admiral now busy concluding its "compen- Godo, Director, is now negotiat-sation" contracts with autonomous ing with the Government authori- bodies in various prefectures. ties concerned, and the approval of has already arranged with the the Department of Oversens Affairs Tokyo Prefectural Office and the and the Department of Commerce Tokyo Municipality for a loan limit and Industry has already been 50-, aured. The only question yet to be settled is whather the capital of the Company should be increased, or debentures issued. The matter is
8271 nunum,
336 $EX
By for the most important absenteeism of cause diagnosed $8.80 was found to be influenza (whether in an epidemic year or not) and
$1.45 Ind
15.507/00
$13 >12
$3.30
$2
66
$104
LOCAL, AND REGULAB OUTWARD MAILS,
Canton
The
WEEK DAYS,
FOR
Σπου 0.2.0.
Едом SHKUNGWAN BEANCH PO..
(7.15.& § 7,00 mm. {7.00 pm.
16.00 pm.
Samshai and Wuchow (By 4.00 p.. 1.00 P
direct steamer)
Macno & Traban
#
AN
SUNDAYE & HOLIDAYE
FROM 0.2.0.
the common cold.
4
The annual loss through sickness of some 25,000,000 weeks of work among the insured population was a heavy burden on industry,
"Mechanisation," it is stated, now under negotiation with the "which has done much to ease the { authorities of the Finance Depart physiological burden in the so-called mont. The necessary measure will
heavy industries,' has at the same time, transformed many of the lighter manual processes into mere minchine-minding functions. This change in the conditions of human labour has been associated with an increase in psychological problems due to the demands which the new mechanised processes tend to make on the mental adaptability of the
FROM SHKUKUWAN BRANCH P.O. (7.16 m, & 7.00 am, & worker.
6.00p.m.
17.00 pm
4.00 P
›
9.00
"Leisure, intellectual develop- ment, and education have their re- percussions on health. Нелсе, іп
It
The latest military scheme is to establish an assembly plant in Mukden arsenal which, it is be lieved, is well equipped to assemble and even manufacture cars.
For two or three years before the Japanese suddenly overran Man- churia, this arsenal, ona of the most up-to-date in the Far East, had given up making munitions and had turned its attention to com: mercial pursuits. Particular head- way had been made in the manu facture of motor-trucks and cars. The engines were imported, but
of Y.15,000,000 and compensation of nearly everything else was made in Y. 3,000,000. Its contract with the the arsenal. The cars were extre Yokohama Municipality will be a mely suited to Manchurian condi Y.,500,000 loan limit and Y.600,000 tions and the hundred or so which were put on the rend proved to be compensation.
extremely satisfactory,
AUTUMN COCOON PRO- DUCTION IN JAPAN
Tokyo-A fairly big fall is anti- be laid before the forthcoming oreipated in the production of sum- dinary session of the Diet.
mor and autumn cocoons. The De- Gold mining is under investiga-estry estimates a production of 40,-
partment of Agriculture and For
tion. It will be started next spring 083,440 kwan; 38,301;700 kwan white along the Amur and other districts Aluminium mines and oil fields will also be worked after careful investi- gation. In promoting Manchurian industry, care must be taken that it does not pat pressure on Japanese industry.
(8.16 am, & B. & evolving a conception of industrial The present rise in due; of course, downward tendency was checked.
++
(7.15 & {1.15 p..
Kongmoon (except Enturday} Kaukong (s100pt Saturdays).
6.00 9.
7.901. £30 p.m.
6.00 p.00. 6.00 p.m.
1.16 p. Sunday 8.16. only 5.00 p
Fatuhan and Wochow (By}
Train)
044
7.15 2.
1,00 Pr
7.15.10.
11.00
Tal O
¶ 9,00 à.m, &
9,00 77
Tai Po
{8,00 pm.
9,000 &
11,00
18.00 putti
1,00 pm, &)
$11,00
m.
Chaungchow
144
16.00p.m
&5.00 p
8.00 In
B00B
Aberdeen
12,80 p.m.
8.30
8,90.p.m.
Balkong ***
4.80 pam
Namian, Skokki & Taiping":
7,00 F
Shumobun
Stanley
Autau
Pingehen, BoRNA
Blistenkok and Sheang
12,00
8,30 22:
10.50
·10,30 am-
1.90 p Sundays 3,80 Lonly
6.00 Pettis 0,00 TL
7:00 pm
and 1.721,080 kwan yellow. The ag 44,405,230 kwan so that the present .gregate production last year was forecast shows a decrease of 4,321,- 700 kwan or 0.7 per cent, Decreas ad brushing of hatched egg-cards, as well as adverse weather in the autumn. season, which caused! worms to Buffer from diseases, is held responsible.
RURAL SUBSIDIES IN JAPAN
health, we have to deal simula to the slump in the yen exchange of Agriculture and Forestry on Tokyo, Oct. 7-The Department eously with physiological, psycholo
Classified, however, it will be Thursday (8th) issued its regulation gical, and general environmental
noted that the rise is not universal. embodying a subsidy for economic factors."
The clothing group, which is sub-rehabilitation in rural and fishery
districts.
According to the rogulation, the COST OF LIVING IN JAPAN ject to a direct effect from the de
preciated yea exchange, shows a subsidy will be granted to prefec- tural offices or organisations for rise of 8.7 per cent. as against a covering (1) expenditure to estab advance of 3.7 per cent. in August.lish a special committee in their The light and heat group indicates prefectures to consider economic re- Covory, (2) expenditure for officials a rise of 1.3 por cont. for which to handle the rehabilitation busi- seasonal advance of fuel prices is nice, (3) prefectural subsidy to in- dustrial organisations to draw up responsible.
suitable plans and (4) préfecturál subsidy for carrying out any re- habilitation scheme,
SEPTEMBER INDEX SEES IN CREASE OF 1.1 PER CENT.
The cost of living in Japan is now rising. The Asahi puts the average index number for Septem
On account of high cost of raw ber at 163.5, a rise of 1.1 per cent, material, many Nems andig. the For many months the cost of lyfoodstuff group advanced, but their ing has been falling, and it was only two months ago that the rise was discounted by falls in rice
tinued at foot of next column.j and other products.
The amount of the Government subsidy may differ according to the amount included in the budget each
year.
ASSETS
£13,000,000
AMERICAN ORIENTAL FINANCE CORPORATION
through its Agent
Asia Lands Limited
Gloucester Building
offera
COMPLETE BROKERAGE SERVICE
in
NEW YORK STOCKS
Fall and Odd Lots of listed Securities bought and sold for cash or carried on conservativo margin.
Phone 28380. Cable: ABIALANDS.
BY APPOINTMENT
CLAIMS PAID
£40,000,00
GENERAL
ACCIDENT, FIRE & LIFE ASSURANCE CORPN., LTD.
All Classes of INSURANCE
WORLD WIDE.
ORGANISATION
AGENTS
JAMES H. BACKHOUSE
1A, CHATTE ROAD. TEL: 21788.