DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS
ASSOCIATION.
HONG KONG DAILY PRESS, TUESDAY, MARCH 27, 1933.
MONEY AND MARKETS
MONDAY,
Buy Baller
Nomlaal Balea
Buyers
Bellera
Balas
Hemida
MARCH 27.
Banka
$1,705
H.K. Banks
$1,710
·THE EXCHANGE MARKET
£198
Do. (London)
£13
Chartered Banks...
2241
Mercantile Bks. "A"
SAT
£24.
Do
મમ
+1
£91 $1011
...
$1,380)
$2.35
£01 3100
$20
Bank of East Asia.....
i N. C. & S. Barks ... $7)
Am. O. Fin, Corp:
T.485 China Fin. Corp. Ord. T.4.50
Do
Kamrandes
Pref.
Canton Insurasices, Underwriters ............
Union Insurance... $339
$620 Chins Firos
br
$1,830 H.K. Fires...
International Assoo..
T.31
$30
Shipping
Stonn boats
muugi Tême Tirgu
+
1817
**
$625
MESSRS. ROZA BROS., REPORT
Messrs. Roza Bros., have for warded us the following Exchange $1,350 Market report of Monday, March
27: $2.40
Silver prices rose 1/16 yesterday for both deliveries, the quotations $1,343 being 17 1/2 for Ready and 17 9/16 for Forward, Silver advices report- ed America as having bought. The tono was steady. In America the rate was quoted at 27 5/8 for Spot Steady.
...
Douglazos......
$34
#99
$22
$.0
Indos (pref.).
65/-
$20
Do. (def.)***.**.
80/-
42 6
Sholla
$20
Waterboate
$21
Mining
$19
$102
14 90 Venozuela Gold Fide $2,90
21/3
251-
TA Langkats (siu glo)...
T.
T.21
PI
21 otaj
:::
Th $104 13/6
$6.55
Benguets..............
Kailans....
T2.10 Explorations.................... T2.30 Shanghai Loans...
***
$128
$1.40
818
$10
18
Tronoh Mingspo.. Bonguet Explorations Docks, WharTOR,
Godówna, ata. II.K. & K. Wharvon.
Providents (old)
'Do. (NOW)
H.K. & W. Book's
S. China Motor 'A' "B"
Do.
T.06 Shanghai Docks ....
T.5)
New Engineerings
Teis Hongkow ...........
Landă, Hotels, and
Huildings
⠀⠀⠀ **!!!!
་་
$197
PAY
$4.10
11.70
240
18
18
193
T6
H.K. Botels
* $4.65
6.0V
878
H.K. Landa... $73
$731
T.82
Shanghai Lands. *...
T.10
Metropolitan Landa...
H.K. Realties.....
197 40]
T,10
Chins Do
1.98
Do. Debentures
$14
Byb
Humphreys ***
M3140 Aain Realties "A".
M $22
****
Do.
+
Chinese Estates.......
Cotton Mills
T.12 Ewoa
T.71 S'hai Cottons.......
The New York/London cross-rate was lower at 3.43 1/2.
Official rates were unchanged this morning.
Market. Dull, the tone Was steady.
Sterling.
A small business was done at 1/3 31/32 for near delivery. The mar ket closed at lunch time with seller
t 1/3 15/16 March, 1/3 31/32 April, 1/4 May and 1/4 1/32 June, buyers at 1/4 March/April, 1/4 1/32 May and 1/4 1/16 June..
Gold Dollara.
No business was reported. There were sellers at 22 11/16 March, 22 3/4 April and 23 May, buyers at 22 7/10 March/April and 23 1/16 May.
Yen. Merchants were quoted at 105 for near delivery.
Taols, Sellers at 77 5/8 for cash, buyers probably at 1/8 higher.
Shanghai.
Steady. Early advices indicated $13.90 sellers at 1/8 3/8. Towards lunch
time business was reported at 1/3; 1/2 for April delivery...
THE AFTERNOON. The market was quiet in the afternoon.
Ti T7 In Sterling no business was re- To ported, finishing with sellers at 1/3 15/16 March/April and 1/4 May, buyers at 1/4 March/April and 1/4 1/32 May.
Gold Dollars.
T.11 Zoong Sings
$105
Wing On Textiles(S.)
$100
Public Utilities
$21.10
Tramways $21
$10:20
Peak Trams (old).....
116
18
www
Do. (new)...
$8
Star Ferries
Do. (Dow
5.1 13% fai
com. rights...
$30
390
19
$711
$24.80
434 Yaumati Ferries(old)....
$331
$19,35) China Lights (old)...... $12.10]:
$91
Do. (now)... 39.
H.K. Electrics... $71 $72 Macxo do.
104 Sandakan Lights...
TH
Telephones.....$27.10
Tractions.mun
27.30
China Busos...
27.
12/.
Do. (pref.).....
Industrials
315
Malabon Sugara
T.14 Caldbeck, (ord.)
T.10 Macgregors Šiprof.)|
Canton Ivea
Cements (comb.)... | $0.45
The market closed with sellery at 22 11/10 March, 22 3/4 April and 22 15/16 May, buyers at 22.13/18 March, 22 7/8 April and 23 1/16 'May.
LONDON STOCK EXCHANGE
BRITISH WIRE/EAS SERVICE:|
Copenhagen
14 11/32 18.90
22 7/16 194
|
HONG KONG STOCK MARKET.
YESTERDAY'S OFFICIAL
REPORT
Trading was again of a desultory nature to-day, though there was no material alteration in rates.
Further firnness, however, was displayed in Unions, which were in demand at $550, Hotels, Telephones and Lands being also slightly higher,
Hotels 201.
Sales.
Hong Kong Lands $721. Star Ferries *01.
China Lights (Old) 81210/12.20. Hong Kong Electrics 871, Telephones 8271.
Buyers
Hong Kong Banks $1,705, Canton Insurancea $1,350. Union Insurances 8347). Hong Kong Steamboats $22, Benguet Explorations 21 cents. Hotels $0.80.
HONG KONG FIRE INSURANCE CO;
1931 SURPLUS $583,000 : DIVIDEND. $50
The shareholders 4th ordinary. meeting of the Hong Kong Fire Insurance Company will take place on Monday, April 10 at noon.
The General Managers and Con- sulting Committee will submit the following report:
1931 Account-This account shows u Burplus of $383,830.66, and it is recommended that this sum be' up- propriated as follows:-
To pay a Dividend of
$30 per share
To pay an "Exchange"
$100,000.00
Bonus of $3 per share, 40, 300, 017- To add to Reinsurance
Fund
PRESI ENT LINERS
sail 1,591,000 miles every year.......
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
vla Panama'
To Seattle and
Victoria
13.
Fortnightly sailings on Wednesdays Fortnightly sailings on Baturdays Pres. Hoover...... Mar, 20, 1a.m. Pros. Talk Pres. MoKinley in Apr. 12 Pros. Coolidge.........................Apr. 23 Pres. Lincoln sort
......May 10 Pres, Hoover ............. May 24 Pros. Wilson
Apr. 1, 2 a,m,
Pres. Jefferson :
Apr 15
Pres. Madison....
Apr. 20
Pros, Olevoland Pros. Taft
Hay:13
time series over
May 97.
Jane 7.
ROUND TRIP FARES TO EUROPE & AMERICA. Special through rates to Europe via United States. Direct connections with all Atlantan lines. Choles of rail lines acros United States and Canada, libom! stop-orer privileges for
Sight-aceing. Full particulari upon application,
143,836.08 Fortnightly via Suez to Europe & America
$683,330.60
The General Managers and Con- | sulting Committee wish it to be understood that the continuance or otherwise of the above Bonus, in the whole or in part, will depend en- tirely on Efchange,
Chinese Estates 205. Hong Kong Trams $207. Hong Kong Electrics 8714. Macao Electrics $24.80. Cements (Combined) $0. Hong Kong Amusements 812). B. Ind. G8 Bonda 64 per cent. Government Loans 5 per cent.bert Ho Tung, Messra C. Bernard
premium.
Sellers. Raubs $101, United Theatres Tis. 5.
RUBBER RESTRIC-
TION
"! FORCE PRICE DOWN TO A PENNY A POUND "
1912 Account. The balance at credit of this Account is 8496,168,54 Consulting Committee.-Sir Ro-
Brown, A. H. Compton, L. Dunbar, Felix A. Joseph, T. E. Pearce and A. EI. White retire but, being eligible, offer themselves for re- election.
Auditors-The Accounts have been audited by Messrs. Lowe, Bingham and Matthews and Percy Smith, Seth and Fleming who, being eligi ble, offer themselves for re-election.
came down to id per pound. Pos sibly something would happen then, and the extraordinary reason of the Dutch might be forthcoming.
The natives in the Malay Stater London. I have never yet seen it know what restriction is, and num- clearly stated why the Dutch cannot bers of suitable Malaya could be agree to rubber restriction except sent to the Dutch Indies to explain that it was extremely difficult to to the natives there in their own control the native output, writes T.language what restriction means, Murray Ross to the Financial | The Dutch might agree to this if Times.
it is really the case that the native is the cause of all the trouble.
If the Dutch themselves really cannot come to some arrangement to control the native output then they must admit that they are an extremely incompetent lot of people, and should place the whole set of difficulties before the British, who would very quickly come to some conclusion and advise them how the difficulties could be overcome."
I think it must be the case that the Dutch for some extraordinary reason do not want restriction, and if this is so it is time that rubber (Continued on nezt Oclumn)
If it is to be taken as definite that the Dutch will not come in any form of restriction: the British companies should simply flood the market with rubber and force the price down to 1d per pound in or der to bring things to a head.
As shareholders are getting no dividends, and most certainly will not get any as things are at present for many years. I should imagine that they would welcome a crisia when something has really got to happen.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG,)
Tel. 28380 Gloucester Building, Room 306.
$27
16+
Rugby, March 23.
+4
Paris
871
New York
3.42%
$6
$6
Montreal
4.114
[ $6,05
Brusscie
24.54)
Do
(old)...
$5
་
Generd
17.73
Do.
Ropes
(BAW)...
m
$1
$104
Amsterdam
8,491
$7
Ch: Agricultures
Milan
05 11/16
Berlin
- Miscellaneou
527.15 Dairy Farrar ................
Stockholm
$27)
#1
Der A Winga.........
Dato
Amusamenta as
$121
31 nom.
$12
Ch. Ftainmente......
34,8%
112 $4.3J
1154
Helsingfors
226)
.9) ota
(now)
$41
.80 ota.
343
Madrid
402
New York: March 24:
Lisbon
110
$21
Dow Jones Averages:
6021
30 · Industriāla
High-1932 88.78
570
$15
20 Baila
41.30
13.23 28.34
Low: Mar. 23 Mar. 24 41.22 58.00 57.93
28.41.
+9
5% nom.
20. Utilities
*38.11
16.53 21.37
$3
41 Official
40 Bonds
83.26
Rate.
33 now.
Constructions, (old)
Do
Lane Crawforda...
Mackinwahs...............a: Nanyang Tobacco...
Sinceres................. Watsons
Vienoa Prague
Bucharest
Athens
Rio Buenos Aires
Montevideo
1/4 1/18
$154
$3.85
Wm. Powelli
$10
M. Greyhounds......
182
8. C. Enterprises...
1,5
United Theatres......
Bombay
B. Ind. G. Bonda...
641
Shanghai
1/8
57%
prem.
“H.K. Govi, Loans. $1043
Hong Kong
1/81
Wallace Harper......
Yokohama
1/8 1/16
China Sporta Ltd...
Silver (Spot).
$220
B.K Wing On
6220
Silver (Forward)
17 9/16
S'hai-Do
$180
EXCHANGE
LOCAT, AND BEGULAB OUTWARD MAILS,
§ 7 16 mm, & ƒ 7,00 am, & 15.00 pm. : 17.00 pan,
0.00m
CLOSING QUOTATIONS
[BEUTER'S, AMERICAN SERVICE}
Change .18 down
.07 op 21.37 unchanged 65.78 78.13 78.13 unchanged
Asia Lands, Limited, have received the following report from their New York correspondents, E. A. Pierce & Co. Disregarding the lack of activity we think the Last acts well, there boing virtually no liquid. ation. Wheat closed stronger. Cotton ruled relatively quiet. Both markets are awaiting Farm Legislation developments. been a steady market, closing virtually unchanged. Business Done: 640,000 shares.
1932.
HIGH Low PEL Su.........
318 3.03 Air Reduction
42) = 6.00 Allied Chemical & Dyo
4.00 American. Can
714 9.00 American Tel. & Tel:
Anaconda Copper Mining.
*2,00 Auburn.
160 Borden Company
Canadian Pacific 2.
1.00 Chrysler Motors
4.00 Consolidated Gas of N.Y,
3.00 Drugs, Inc.
69.
871
WEEK DAYS.
SUNDAYS & HOLIDAYS
137#
80
44
5.00 American. Tabacco B
FUR
FRON 0.2.0.
FROK SHEUNGWAN BRANOR P.Q.
FROM G.P.O.
FROM |SHIUNGWAY BRANCH P.O.
March 27, 1933.
184
3
ON LONDON:-
1612
282
Bank Bills, 4 months'
Telegraphic Transfer..." Bank Bille, on demand 1.36
431
20
208
E1
Canton ..
7.15 sm. d) $7.00 8.00p.m.
Bambul and Wuchow (By] 1,00 p.m.
direct stermer)
7.00 pm
4.00 p.m.
sight......
1/31
682
| 7,16 m. &) [ 7.80 1.11,
Minero & Tripsban
1.15 pm,
1.80 p.m.
4.00 p
(8.18 am, &] (890 15. &
1.80 1.15 pm. Bunday's
Sundays 8.15 Lonly
Credite, 4 months'
sight
57
1/4)
22)
2.00 Du Pont de Nemours
ON NEW YORK:-
87%
36
3.00 Eastman Kodak
Bank Billa, on demand 212
45
Credits, 60 days' sight. 237
20
8.30 8,1 Lonly
ON PARIS:-
401
198
Bank Billa, on demand 565.
248
Zangmoon (except faturdays) Kankong (except Baturdays)
Fababan and 'Wnobów (Był
6.00 p..
0.00 0.30. 6.00 p.m.
Credits, 4 months' sight (os
244
10
ON INDIA --
101
Bank, on demand
Telegraphic Transfer...?se
108
082
7:00
7.25 a.m.
Train)
wit
Chi O
1,00 p
Shumchun
Chr gehow
Aberdeen Stanley am
Sutan
Pingahan, Santin
Shat
Shatankok and. Sheung“ jsh nd
Famtan Brett:
18.00 p.m.
9,00 kn, &
8.00 p.m. 1,00p.m. 18.00 p.m.
8.00 ..
12.30 p.m.-
6.00 p.20
7.15.11.
11.00 th
11,00 ai (11,00
&8.00 pm,
8,00
0,00 p.z3.
8,00 p.m
ON SHANGHAI:-.
On Demand
ON KORK
"Un delilaita ON MANILA
On demand ON SINGAPORE
On-demand
ON BATAVIA'
On demand
ON BAIGON
ON BANGKOK:'--
-8.50
8/10 p.m.
11.00 £1,30
On demand
4,80p.m
10.30 u
10.80 $60,
On demand.......
7,00
BAR SILVER, per 06. .............
SOVEREIGNS, Bank Buying
tB
6 6%. Electric Bond & Share
0,40 General Electric
2.00 General Foods
1.00 General Motora.
1. Gillette Safety
0.80 International Harvester
(Pr
International Tel, & 4.00 Liggett & Myers 1.00 Loader Montgomery
Ward
National Bisquit
2,00 Pacific Gas & Elec
0.80 Pennsylvania, Railway
Radio Corpn.
16
Silver has
LAST SALE Mar. 23 Mar. 24 808 850
701
701
57}
564
945 03%
109
43
437
334
38-
28
13!
131
131
251
12
* * - * * - - * 8 8 3 282 28
as
13A
18
Sears Roebuck"
::
1.00 Standard Oil Co. of New
178
Jersey
50.40 Socony Vacuum Corpn.
1.20 Union Carbide & Carbon .... 286.00 Union Pacifio
United States Steel Westinghouse. E. & K
oFrtnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Buer Canal, Alexandria, Naples, Ganoa, Marseilles, New York and Boston.
8.
Pres. Fierce...atronisin.....Apr. · 1 Pres, Monroe
Pros, Van Bareż.
Apr. 13 Pres. Garfield
TO MANILA
8.
29
Next Salling ..... Pres. Pierce April 1, 8 a.m. Pres. MoKinley ..................................Ápr. Pres. Jofferson..................Apr. 8 Pres. Monroe ................................................ÅƑr. 15 Pres. Coolidge...... Apr. 18 Connecting with 8.8. MATON TO CEBU, ILOILO, ZAMBOANGA.
Preo, Madison... Apr. 22 Pres. Van Buren
Ápr. 29 Pres. Lincola...BY... Pres. Cleveland
May
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
CANTON BRANCE:-4, 8gares ́ ŠTREET,
LLOYD TRIESTINO
FLOTTE RIUNITE LLOYD TRIESTINO-MARITTIMA ITALIANA-SITMAR
FAR EAST INDIA ITALY
Express Passenger Service
1st April
5.5. "CONTE ROSSO" fo!" Shanghai S.S. "CONTE RISSO" for Italy (London) 18th April
Freight Service S.SOARIGNANO" for Shanghai & Japan 11th April M.V. “TEEGESTEA" for. Italy via ports
11th April
DODWELL & Co., Ltd. AGENTS.
LTD.07,730 hs.
ASIA LANDS,
Standard Brands, Inc.
A GREAT U.S. BUSINESS
The corporation was incorporated in August, 1929, under the laws of Delaware as a result of consolida- tion of Fleischmann, Royal Baking. Powder and E.-W. "Gillett, for the manufacturing, buying or otherwise... purpose, among other things, "of acquiring importing, selling, dis- tributing. owning, mortgaging, assigning transferring or disposing of, trading or dealing in or with food and food products and goods, wares and merchandise and articles of commerce of every kind and description.
Common stock" (no par) standing, 12,641,002 shs,
Out
* On July 1, 1931, company called for redemption, at $120 per share, plus $1.76 per share accrued dividend, 50,000 shares of preferred: stock at Barkers Trust Co., New York.
Financial Position: Dec. 31, Total Arnets: 34,174,421
Net Wig Capital: 34,499,538 Net Income 15,087,010. Farned por Share Common: 1.19. Dividends.-20.
High and Low Prices of Common Stock 1932 High 177, tow 81.
Comment.
As a result of extensive pro- motion in the past two years, sales of coffee. ten, gelatine and several other products, have been substan tially greater during the first nime months of 1922 than in the corres The company is a leading many-ponding months of 193. These in- facturer and distributor of pack-creases are serving to
agad foods, supplying about 85 per elines in bulk yeast sales to bakers cent. of the nation's yeaet and and a smaller volume of busines whito distilled vinegar require in other lines. Relatively pients, as well as numerous other factory reports on
products including coffee, tea, anticipated for gelatine nod baking powder. A 1932, Crgens
nation-wide distribution has been pubile
built up around the Fleischmann
store-door delivery".
Jamie
handles the perishikah.
perishable:roducts is made
Distribution of
through, 900 dicoot selling agencies stablished throughout the United. Staten. Canada, Cuba and other neighbouring countries. Sovice is given not less than twice a week, and in many ensee daily, to up. wards of 60,000 commercial bak- eries, hotels, restaurants, public institutions, ate, and to upwards 21 400,00 KITHOPTCH. serves 15,800 cities and towns with personal delivery contact end 20,000 towns by common carriei, system, operates 3,000 delivery cars and has about 8,500 employees.”
Financial, ponition is excellent, with cash well in excess of current liabilities. Capitalization is con servative,
Preferred stock, $7 cum!! Series
par) :Out! ding
MERICAN ORIENTAL FINA
CORPORATION,
"A" COMPLETE
SERVICE
A complete brokerage servic for New York Stocks
Agente
Asia Lands Limited
Gloucester Building.
Daily Quotation