12
DAILY SHARE QUOTATIONS
HONG KONG STOCK
SHAREBROKERS* ASSOCIATION.
$1,660, H.K. Banks.......
HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 24, 1932.
MONEY AND MARKETS
IMR. W. F. SPALDING | HONG KONG STOCK
ON SILVER
EXCHANGE.
Bayer's Boilers
Bates Nemias)
WEDNESDAY. NOV, 23.
Buyers Artisa Halse Mamina
Banka
LONDON STOCK EXCHANGE
Lik
213
Do. (London) ... Chartered Banks...
*M
1234
Mercantila Bks. "A"
$1,655
B 231
De
"O"
DULL CONDITIONS IN ALL SECTIONS
EFFECTS OF DEPRECIATION ON ASIA
$109
N. C. & S. Backs
$28
Am. O. Fin. Corp:
1G
7.1.40]
Do.
Prof.
Insurances
31.50
ENG
$4.20
23 eta
! ! ! ! ! ! ⠀⠀⠀!
11⠀⠀
* ? 1 : * : *.!
Bank of East Asia... $1081
$71
$2.80
China Fin. Corp. Urd.
51,2 Canton lagurances....
Underwriters 13.95
020
International Assce..
Shipping
Douglast
Kailans
imogkets (single).......
116 Explorations.....
1,36 Sughi Loans
Raubs
Tronoh Mines Bouguet Explorations Docks, Wharees,
Godown, sto.
B.K. & K. Wharves.)
Providente (old)
**
+
$1,315
---
...
$675
$1,200
(THROUGH REUTER'S AGENCY.)
London, Nov. 22, The market for gilt-edged securi- tica rallied sharply. Otherwise the.
market has been dull.
(Special Air-Mail Service)
LONDON, Nov. 8.
In the course of a lecture to the Incorporated Secretaries' Associa. tion on October 31. Mr. W. F. Today Spalding referred to the catas trophic fall in silver, and said that it had a weakened the purchasing power of Asia that it was probably one of the main causes of the world depression.
Price
One reason for the depreciation was the abandonment, wholly or partially, of silver for coinage by European nations and as a stand- ard of valse by some of the East tern countries In view of the pecu- liar circumstances of its produc- tion, permaneal stabilisation of the price of silver, he thought, hardly ane within the region of practical politics. The only hope for the future, then, was for consumption
2410
Union Insuran
China Fires.........
$1,190.K. Fins.
24.90
Last Price
320
125
ક
Steamboats
$13
Burmah Oil
444/41 63/9
ม
Incios (pref.)
65/-
$33
Do. (del) a
Anglo-Persian Oil
48/3
40/3
80%-
50/8
Shells
Mexican Eagle
7/4
7/3
Waterboata
$10}
Mining
Royal Dutch
£18-1/2
$:8
Benguels............
Conta.....
£18-1/4 -15/3 45/0
Vonozucla Gold Fid.
$18.
F
$4.25
Daily Mail Trust... 33/-"
33/-
20/-
55.'-
Imperial Chemical 23/14 23/6
1.4
T
T.:
Imperial Tobacco.. 93/9
·05/-
་་
Guinness
80/0
70/0
$11.20
Distillers
53/-
50/-
18,0
General Electrio
40/-
40/-
Electric
Musical
Industries.
12/3
3148
AV
$1481 Turner and Newall
$4.65
$2
Du. (new)...
34.65 $470
#4
Unilever...
$2.20
124
H.K. & W. Docka
Vickers
$27
B10
8. Chiun Motors' A
Woolworth
12/11 23/3 247- 32/3**32/-
0/7 0/71 877- ET/-
39
*ዜ
Du.
H
Ford Motors
23/-
32/8
39
1.904
131/3 131/3
120/3
125/71
T
Chartered ....
16/4) 16/3
London Tin Burma Corp
0/- 0/-
10/4
10/3
$10.95
Anglo-Dutch
10/8
10/6
***
10.7
International
$78
$781
- Nickel $13
$12
Hydro-Electric 80-7
201
Brazilian Traction $13
$129
$9.20
10.30
International
Ti140 China Do
Holdings $1.3812
"Shell" Transport
M3140) Asia Ronition "A"..
and Trad. Ord
lat $28
Do.
(Bearer)........
48/0
48/0
$100
Chinese Estates.......
Thomas Tilling
55/0
55/6
Cotton Mille
Courtaulds
31/0
31/0
14.00
International Tea
The confidenen in silver among the Oriental nations must have been rudely shaken in recent years, and steps must be taken to restore
176
Storus
29/0
20/9
T.
Everready
28/1
28/73
their faith in the metal,
but
$149
Pinchin Johnson ..
27/3
27/3
Pekin Syndicate ....
1/0
1/9
in the resusciation in price.
$211
Ex dividend.
#151
571
194
714,76 T75
28
lu 70
146
1.100 Shanghai Docks...
T6,90 New Engineerings,
816 HongkoWB, A
Lands, Hotels, and Bulidings
$10. 0.1720 H.K. Hotela (old) $10.90) 311
Do. (new) H.K. Lands
T.231 Shanghai Lands
Tuo
Metropolitan Lands..
H.K. Realties........
1.994 Do. Debentu.es
516 Humphreys
Ewos
S'hai Cottont...
Zoong Sluge .........
Wing On Textiles(8.)
Public Utilitie
Tramways *******
Peak Trama (old).
Do. (now)...
Yaumati Ferrios (old}]
Do. (now,
China Lights (old)... $14.20 $14,40
Do. (now)...$3.80|
Crown Mines
Sub Nigel
335 LONDON EXCHANGE
8142
#211
$151
802
Star
Ferrion
134
$14.35) $14}
14 14.60
RATES
$14
|72/78}|
H.K, Electrics
$781
Macio do.
#12
Bandakan Lights...
(BRITISH WIRELESE SERVICE.]
$20
$27
Do. (now)
Telophones (old)......
$284
827+
China Buses ever
27-
Tractions
12/
Do. (pref.)
Paris New York
RUGBY, Nov. 92, 83 11/10 3.271
Industrials
Montreal
3.75
F27+
$26
Drussols
23.00)
T+
Caldbook,
Geneva
17.00
T.
Amsterdam
30
Canton fees
16.20
312.75
Milan Berlin
$11
$2
$12.50 #12 1270,80
$18
Malabon Sugara
Macgregors
for
Cements (comb.)....
Do. (old)...) Do. (ABW)...
$12.00 Hopes......
Ch: Agricultures
Miscellaneous
Dairy Farmacia
Der A Wing........
Amusemente
Ch. Etainmente...... $121
Constructions, (old)
10.
(Bow) $1.39
Lane Crawfords...
Mackinwals...........
Sinceron
Watroza (old)re.
Nanyang Tobacco...
$131
art
#28)
Stockholin Copenhagen Oslo Vienna Prague Helsingfors Madrid
Lisbon
Athens
Bucharest Belgrade
Buenos Aires
Montevideo Bumbay
Shanghai
8.14 63 15/10 13.75 18.80
10 7/32 10 D/16 28 nom. 110
40 1/10
of the metal to be increased,
There was, in his view, little like- lihood of any country going back to bimetallism, but with the trade of the world at stake there was every reason why gold standard countries should proceed with the minting of silver coins of a fineness of not less than, say, .000.
MARKET
YESTERDAY'S OFFICIAL
REPORT
The recovery made by China Lights and Cements yesterday afternoon was not sustained this morning, although the volume of offerings was not heavy. The entire eculative motion, however, ruled irregular, causing the investment inues also to ang off slightly
Sales,
Underwriters, 82.80. Hotels (Old), 810.00/11.10. China Lights (Old), 814/14,60, ILK. Electrics, 878/76), Cemonte (Combined), 812.70/12.80. Cenonts (Old), stoj Cemanta (Now), 82.15. Dairy Farms, $284. Buyers.
Unilerwriters, 83.50. International Assen, Tis. (20, Douglasex, 42,
Union Waterbonts, 831. Kaubs, $101.
Venz: Goldfields, 84.50. Beuguet Explorations, 23 centa. Providents (Old), $4.65.
Intels (Old), 211. Ewo Cottons, Tla 14.70. Shanghai Cottons, Tis. T. Zoong Sings. Tis. 11. Peak Trams (New), 88: China Lights (Old), 814.35. Macao Electrics, $20. Cetants (Combined), $12.00. Cements (New), 82.13.. Entertainments, 812). Constructions (New), $1.35. B. J. G Bouda, 09%. Govt. Loans, 9 Prem.
Sellers,
H.K. & K. Wharves, $148. Hong Kong Lands, 878. II.K. Realties. 89.20. Yauma Ferries (Old), $35. Yaumati Ferries (Now), 8343. China Lights (Old), 814). Cements (Combined), 812% Agriculturals, $10. Dairy Farms, 828. Wallace Harpers, 810.
Europe must be in the vanguard THE ERRATIC YEN
THE FUTURE OF SILVER
LONDON, Nov. B.
ANSWER TO FALL IN STERLING?
"LOOP LINE IN 'CANTON"
DENIED
(From Our Spočiai, Jorrespondent)
Canton, Nov. 2.
CONSIGNEE NOTICES,
NOTICE TO CONSIGNEES.
OCEAN STEAM-SHIP CO, LTD...
AND
CHINA MUTUAL STEAM NAVIGATION CO, LTD.
por Co.'s Vose!
Mr. Li Shin Kan, director of the CONSIGNEUR DOLORE
Canton-Shiukwan Sbetion of the Canton-Hankow 'Railway,' denies
FROM UNITED KINGDOM the current rumour that a plan is
· VIA SINGAPORE afoot to link up his line with the are heroby notified that their Cargo Canton-Kowloon Railway by the will to discharged into Holt's building of a short line connceting Wharf, Kowloon, waste it will lie an the Taishatou or Shckpní station Consigamos' risk and subject to Terma of the CK.R. with, the Saichuen sad Conditions of Storage at Holt's
Wharf. The Cargo will be
ready for station of the other line.
Delivery from Godown on and after 21st Novembor.
Mr. Li attributes the source of the present rumour to speculators who are attempting to profiteer by the fluctuations in land values of the area in the northern part of the city through which the connect ing line is to pres.
Canton-Shiukwan and Canton- Samahul.
Optional Cargo will not be landed here Steamer's arrival, but carried on from unless Notice has been given prior to port to
to port to the pal port of call to
the option artonda.
All broken, obaled and damaged Gooda are to be left in the Godowis, where they will be examined on any Tuesdays and Fridays between the hours of Mr. Li states, however, that the | 10.48 .. and Noos within the Bros. Canton Shinkwan and the Cunton-Storage period Samshui lines, both of which are under his administration, will in due course be linked together when the now bridge crossing the Pearl River is completed:
It is also understood that the Canton-Shiukwan Railway is mak-
ing arrangements with the ad- | ministrations of several public high- waya recently constructed in the North River area for the inaugura- tion of joint freight services.
year, and the favourable trade balance for the month was" 44 mile lion yen compared with six million yen a year ago.. For the first nine months of 1992 there was an excess of importa. however, of 115 million yon against an excess of imports of te million yen in the correspond ing period of last year. Recently Japanese trade has been stimu lated by the depreciation of the currency.
No Claims will be admitted after the. Goods have left the Steamer's Godowe, and all Goods remaining, undelivered after the 28th November, will be subject to Beat.
All Claims against the Steamge must bo presented to the Undersigned an of before the 12th Dec., 1932, or they will not be recognised.
,
No Firo Insurance `will be affected
BUTTERFIELD & SWIRK,
Agents
[280*
21st November, 1932,
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNER (NOTIUE,
M.S. ARAMIS."
ARKIVID HONG KONG une TUESDAY, TEM 29ND NOV., 1932.
From MARSEILLES, A Conditions in the spinning in- dustry in Japan have shown con-love-named Steamer are asraby UNSIGNEES of Cargo by the
Textiles.
siderable improvement in the last six months and there has also been more activity in the artificial and raw silk industries. It is reported that the increased trade, activity has enabled shippers to give en- ployment to some of their laid-up
tomago.
informed that their Goods, with the axception of Oplum, Treasure and Vala- ables, are being landed and placed at their risk in the Godowns of the Bong Kong
be
and Kowloon Wharf and Godown obtained as the Goods are lauded. On, Idd, Kowloon, whence Delivery daa
Gooda mut cleared within 7 days, in- cluding date of arrival, will be subject to Rent
All Ülaints must be sent to the Under- signed before Saturday, the 3rd Dec., 1932, or they will not be
recognised.
Answer to Fail in Sterling. The recent full in sterling gavo British exporters an increased, hd- vantage and it is, thought prob able that the sharp downward The present manth silver is open.
movement in the yen has been ing at a higher level than it has
(Special Air-Mail Service) brought about in the interests of touched since the early part of
Japanese exporters in order that LONDON, Nov. 9. they should not be placed at a dis- Sopt. The rise has been partly due The Foreign Exchange Market advantage as a result of the fall The Japanese textile to the setback in sterling during the here is puzzled by the vagaries of in the
the Japanese yen. latter part of last month and part-quated at the beginning of October Lancashire
From 1/3d. industry is a keen competitor
for the cotton-goods ly to expectations of international it improved to 1/4gel, and then at trade in india and China, and the aupport for silver, resulting from the end of the month dropped to frequent, disputes in the Lanca
1/3d.
shire industry only gives an added the coming world economic con- Why this sudden fall in view of advantage to its competitor. Curas lu any osso whatever. ference.
Japan's improving trade position Exports from that country during the month of September showed an increase of 40 million yen as com- pared with the same month last (Continued on nezt column.)
1.
There is, however, considerable conflict of opinion among econo mists and financiers as to the best methods of placing silver oa stable basis. The views just ex- pressed by Mr. W. F. Spalding, the, well-known currency export, will perhaps command a large measure of approval in the City at any rate,
1081
109)
TON
9.00 American Tele- graph and Tele. phone
5.00 American
bacco "B" 618 Anaconda Cop- ing Mining
Auburn
THEY
Damaged packages must be left in the Godawna for examination by the Consignees and the Company' Bur- veyors, Messrs. Goddard & Douglas, at 10 am on Tuesday, the 29th Nor., 1932.
in attendance when damaged Consignees must have a Revbung dutiable goods are examined by the Company Surreyors
No Oaims will be admitted after the Goods have left the Godowns,
No Fire Insurance will be affected by
R. OAL,
Agent
128:0
reney depreciation, however, cuts both ways, and while Japan's ex- port trade is helped by the lower Hong Kong, sand Nor., 1938. value of the yen the cost of her external debt services is correspond- ingly increased,
Advertise!
81-1
37.10
A
140
$10
,25+
$284
痛
---
*18}
+17
108
680
$61
555
$1,35
$8.83
$6.35
242)
821
Rio
5 nom.
Nominal
$181
115.80
30 nom.
$12/
$19)
1/0 13/02
$11.503 Do. (new)......
9121
191
13,31
Wm, Powells
$3.90
$10
M. Greyhounds....
Hong Kong
1/44
Yokohama
1/3
331
8. C. Enterprises ...
---
$31
Silver (Spot)
184
D#
1,51
United Thostros
B. Ind. G. Boads...
70%.
Silver (Forward)
181
4.00
45)
ILK. Gore Loans... $10
Rod Consals: 24 per cent.
iF
prem.
310
Wallace Harper
particular, etc.
2.00 Borden Co..... 251
.Canadian
Pacific 14
137
$10.
China Sports Ltd ...
10
$230
+
H.K. Wing On
S'hai Do.
Gas of New York ......
4.00 Drugs, Inc. ..... 2.00 DuPont de
Nemours...
341
34
37)
37
542
A rooster hasn't got a lot Of intellect to show, But none the less most roosters have
Enough good sense to crow.
227
'LOUAL AND REGULAR OUTWARD MAILS,
NEW YORK STOCK EXCHANGE
A.O.F.C. QUOTATIONS
1.00 Chrysler Motors 10 4.00- Com o lidated
* 1
WEEK DAYS,
FOR
FROM O.P.0,
FLOK SKEUNGWANE [DRANCH P.O.
FROM G.P.O.
SUNDAYS & HOLIDAYS'
From SHRIWOWAN SZAFOX 2.0.
0.40
(REUTER'S AMERICAN SERVICE}
18ambul and Washow (By
dicoct stoarner)
4.00 p.m.
(7,15 m.m, & | (7,00 am. 16.00 p.m.
7,00 pm, 3.00 1
+
(7,15 nm, &} 17.00 azn, &
8,00 μm,
17,00 pa
1.00 pa [325 mm 4) (890
New York, Nov; £2
2.00 8.21.
Sandays
Canton...
مبر 1.16
2.80 2.00
-
et
སྤྱི ིི ཙྩ ཝཱན་ྲ ོ R གཞུང་ཆེ
501
30
A hen is not supposed to have
Much common sense or tact. Yet every time she lays an egg She cackles forth the fact.
The busy little bees they buzz, Bulls bellow and cows moo, The watch dog barks, the gander
quacks,
And doves and pigeons coo.
But man, the greatest masterpiece
That nature could devise,
Will often stop and hesitate
SILVER LINE.
NOTICE TO CONSIGNEES.
FROM NEW YORK.
NHE Motor Vescol
"BILVERSANDAL"
having arrived from the above Port an 17th instant, Consignees of Cargo are hereby informed that their Good aze being landed at their rink into the Godowns of the Hong Kong and Kowloom Wharf and Godown Company, Lámited Kowloon, and stored at Consiguises" risk and expense.
All broken, chafed, and damaged Goods are to be left in the Godowns, whate they will be stamined on Wednesday, 23rd instant at 10 ̊a.m.
All Claims must be presented within 18 Days of the Youcal's arrival hore, after which date › they `cannot be ro cognized.
No Claims will be simitted after tha: Goods has left the Godowns, and all Goods remaining undelivered after- -tke | 24th instant will be anbisck to Bent,
No Fire Insurance has been effected. Bill of Lading will be countersigned
by
FURNESS (FAR EAST), LTD., End Floor, King's Building, Connaught Road,
Telephone C. 23165. Hong Kong, 17th Nov., 1982. 4.
12789
(7,15,am, &) [ 7,80_n.mm.
1.15 p.m. 5,00 p.za.
8.00
8.16 min, only. 6.00 pm.
9.00 D
∙11.00am (11.00.04. }&6.00 p.)
1.30 pz. Bundays 8.50 1. Lonly
4.00p.m. 0.00 pizze
&
Dow Jones Averages:
Nov. Nov.
21. 22. Change.
30 Industriala 03.66 83.1040 down 20 Rails 27.00 87.89 .01 down 20 Utilities... 28.38 28,35 .03 down 40 Bonds..... 78.20 78.11.09 down
Mers, E, A. Pierce and Co.
Report
The market is virtually motion- less with only few stocks having any sponsors Traders may buy il any hope to develops at the War Debt Collarshoe to-day.
Business donéz 500,000 shares. Div
Last Sale Per
'Nov. Nov.
3,00 Eustada Kodak 54)
6% 8. Electris Bond &
Share ... 22 General Electric 183 2.00 Generaf Foods. 254 1,00 General Motors 137 1.00 Gillette Balety 17 1.30 International
Harvester 22} International.
Tel. and Tel.." of
4.00 Liggett & Myers
3:00 Loew's Inc.-. Montgomery.
Ward 131 National Biscuit 40 Pacific Gay-and- Electric
287 Pennsylvania. Railway....... Radio Corpora- tion...it 8 Sears Roebuck 201 1.00 Standard Oil O
-
14h
of Now Jersey.. 311 0.40 Secony-Vacuum Corp,............ 1.20 Union Carbide 8670.00 Union Pacificu
United States Steel
Wostinghouse.
Don't Delay Phone 30251
for our representative and we will provide. xuaterial for your Antumn advertising campaign.
THE HONGKONG DAILY PRESS
AMERICAN ORIENTAL FINANCE CORPORATION through its Agent
Asia Lands Limited Gloucester Building
offers a COMPLETE BROKERAGE SERVICE
NEW YORK: STOOKS/
and Odi Lots of Tinted rika- bought and sold for ought or carried on conservativa.
Phone:28380,-- Cable: ABIALANDS
Maco & Tinahan
...
1,80p.m
Zongmoon (except Saturdays) Bankong (ecept Baburdays), Fataban and Wuchow (By
Train).
5.00 pm.
G.00 p.m.
7.16 2.07
7.18 a.m
11,00
1.00 p.m.
Tal O
$ 1,00 am
Tai Po
1,00 p
[1,00 1,3. J
Choungchew
& berdean
Bradley
Pingshan, Sautin
Bhatankok and Bhsung-
เน
Salkung ne Namian Brakki & Talping}|
$1,00pm, & 16.00 pm.
19.80 p.m.
8.00 A.20 £1.00 m
Bhars
8.30am
Shatin,
1020'
9.00p.m.
33.60 Air Reduction, 8504
6,00 Allied Chemical-
and Dye
70
TO
4,30 p.m
10.80 $31.
1.00 American Can... 55}
54%
7,00 p
1.00 pm
(Continued on nezt column.).
E. and M.
Before he'll advertise.~