DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE
Buyers Bellari
Balsa
SHAREBROKERS ASSOCIATION.
MONDAY, Nonsipal
|Komina
HONG KONG DAILY PRESS, TUESDAY, APRIL 25, 1933
MONEY AND MARKETS
MARKET.
APRIL 24.
Boyera Bellora Sales
HONG KONG STOCK
Banks
#1,730
H.K. Bauks
FAL
11,735
2123 8138
Do. (London) ... Chartered Banks .... £241 Morcantile Bks. "A"
£138
***
£246
£91
Do..
£83
$100
Bank of East Asia...
$1013
N. C. & S. Barks
$71
$20
Am. O. Fin.Corp: S.
$6.40 Ch. Fin. Corp. Ord. 8.
YESTERDAY'S OFFICIAL
QUOTATIONS
xant
With the exception of liquidation for the adjustment of accounts to-morrow, markets were
$1,370 very quiet to-day, but with no ap preciabla change in rates:--
142
Do Prof. 8. Inmrruces
งา
$1,360
Canton Insurances....
32.32
Underwriters
12
+M
$500
Union Insurances .......
3620
China Fires
31,240,
H.K. Fires......
35.25
International Assco, 8.
Shipping
114
$32)
34 cts.
526
$20,
45/-
$1/3
$24₤
$0.65
874)
$15
$2.90
14 20
Dougloves
Steamboats
Indos (prof.)
Db. (def.)
Shelta
Waterboute
Mining
Benguets.............
Venezuela Gold Flde.
Kailang
$9.00 Langkats (sin gla) 8. Explorations......B.
13.20 Shanghai Loane 8. Ratby......
$8.30
#18
Tronols Minua......
Benguet Explorations
Dock, Wharvsa,
Godowns, ets."
H.K. & K. Wharvou,
Providents (old)
Do.
中央
+)
(usw)... $1.40
HI.K. & W. Docks
S. China Motors' A'
Da.
"B"
Shanghai Docks 8.
New EngineeringsB. Hongkewa..........
Buildings
H.K. Hotels
H.K Lands..........] $74!
$30 Shangh i Lands...S.
$14
Metropolitan Lands..
HK. Realties...........................
$14.75 China Do...
Humphreys
$131
9131
83.05
$1,30
$580
$895
$1,340
*K
ཅ་
Sales
Hong Kong Banks $1,740/1,750, Benguet Explorations 34/37 ets.
Hotela $0.6576,75.
Hong Kong Trams $21. Chin Lights (Okl) $12.15/12.30, H. K. Bretrics $72.
Telephones 827.
INVESTMENT NEWS FROM UNITED STATES
JAVA SUGAR MARKET
"LACK OF INTEREST ''* Messrs. Pentreath have forwarded
Asia Lands, Ltd., Report us the fellowing report dated April
ELECTRIC BOND & SHARE
COMPANY
Although income has been reduced by omission of cash dividends on the part of certain intermediate holding companies in the Electric Hond and Share group, net income is still well in excess of preferred dividend requirements and contin-
both i uance of disbursements on issues is anticipated. This hypo- thesis is predicted on the belief that i further large scale dividend
13 from the Macfaine Sugar Co., Ltd., of Sourabaya :
Consuming markets have continu ed to take no interest in Java Bugar and a revival of demand is unlikely to be seen until the Easter holidays are well passed. It is reported that Borabay importers have been re Phasing July/September sales to the Bazaar at below Java parity for
new crop.
THE N.L.V.A.S.' Total sales now amount to:- 576,951 Tons Superior,
8,838 Superior seconds,
Browns, $203.444,
Molnases,
12.203,
Cements (Combined) 28.85/690, missions are improbable and re which shows an increase of only :-
$34
$12
85/-
B0/-
41/9
$20
TH
124)
Buyers.
13
25/-
8530
81,25
$3,23
10.50
Hong Kong Banks $1,740. Canton Insurances $1,300, Hong Kong Fig. 81,240. Douglases 232},
13,6
***
$130
1/3.80
$1.40
་་་
**
290
18
38
T.134
***
Te
#10
18
$133
$8
$300
Lands, Hotels, and
$6.70 $6,80
58)
$7.10
$7
LEG
$13.90
$137
Do. Debenta.es3-
314
$140
$20
Asia Realtion "A" S.
Do.
"B".
995
Cotton Mill
$16
$95
Shai Cuttons......S.
195
814 Zoong Sings
S.
$14
$98
Wing On Textilsa(S.)
w
$100
#11:
321
Chiness Estates......
EwOB ..............8. 813
Public Utilities
Tramways *******
$1.20 Poak Trams (old)...
Do. (now)...
$72)
+
Ronguet Consolidateds $24. Hong Kong & Kowloon Wharves
$131.
Providents (Old) $3.05. Providents (New) $1.30, Hong Kong Lands $741. Chinese Estates $93. China Lights Old) $12. Hong Kong Electrics 872.
Lane, Crawfords $4.45. Hong Kong Government Loans
per cent. premium,
Sollors.
Tainu Waterboats $15.
3,919 Tous Superior, 1,088
Browns.
11
Cron Estimate.
latively stable reeipts will be ob tnined from funds out at interest and from management fees. Elecall limits remain unchanged. trio Bond and Share itself is int
circumstances excellent treasury and has no important financing problems with which to contend. Two subsidiaries. American and Foreign Power and United Gas,
with however, are confronted maturing bank loans of more than -870,000,000; the connection of the parent company should serve as an important influence in obtaining the needed funds or arraging pay- ment in some other way.
The N.I.V.A.S.' first estimate of the 1933 crop has been, published ng follows:--
1,032,300 Tons Superior,
NATIONAL DAIRY PRO-
DUCTS CORP
The 1937 income of this, concern was depressed by a lower sales volume in all dairy products lines, and by the impairment of profit Shanghai Explorations Shai 2.30 margins incident to price competi- tion. Common share earnings for the year amounted to $1.53, against *3.43 for the previous twelve inonths. Current resources are adequate as cash on hand, after the payment of the January com-
non dividend amounted to about) 825,400,000 The common dividend vate has been reduced from 82 to $1.20, a basis more nearly in line with present, earnings.
THE EXCHANGE MARKET
་་
MESSRS. ROZA BROS.. REPORT
Messrs. Roza Bros, have forward- $21.10 ed the following exchange market
report for yesterday:-
Chion Lights (old)... $12.0 12.35 12.ID/. 30
HK. Electrica
Macão do,
#104 | Sandakan Lights ...
Telephones.OTIAT
16
18
$901
Star Ferrica
$39
Yaumuti Forrica(old)}
$311
Do.
(DOW)
cam. rights...
LOS
$9 IACI 132 $31 $30
$12,20
311
Do. (DOW)...
$25
814
China Buses......S.
2/
Tractiona
12/.
Do. (pref.).....
***
Industrials
315
Malabon Bugars
$19 Caldbeck, Lord. B. $14.70 MacgregoraЛpref.)B.
$6
$6.90
$14
$9
4
14.45
827
#1
$12
$12
33
.90 atk.
Canton Ices
Comonts (comb.)....E0
(old)...]
Do.
Do. (LOW)... Ropes
Uh: Agriculture. ........
Miscellaneous
Dairy Farros nimum: Der A Wings...ne.
Amusementa ......
Ch. E'tainmenta...... Constructions, (old); Do. (new)
Lane Crawfords...... Macizintosha Nanyang Tobacco...
$27
*
$27
$6
$6.00 38.80/85
$10
827
$12/
$12
K
STANDARD GAS &
10,300 263.334 99,720
+
41
1,339,180 Tons.
Superior seconds, .Browns," Molasses
General.
Reporte from both India and China ali urge the fact that any reduction in the N.I.V.A.S. limits at this juncture would have a calamitous effect on their mar- kets. It is probable that this is well-known to the N.I.V.A.8, and provided sterling exchange and terminals do not weaken heavily. fear of a reduction in limits would
appear unnecessary.
C.I.F. Shanghai (per 100 Kus.) CIF. Hong Kong
(per picnl)
f.8.95
f.8.30
1.4.182 £3.80
TARIFF MISTAKE
CORRECTED
CASE OF CHINESE CHEAP MATTING
valorem.
[LI
ELECTRIC CO. Standard Gas & Electric omitted the quarterly dividend on the com-
(Special Air-Mail Service) Silver prices dropped 1/4 over non stock due in March. In the the week-end making the quota- previous quarter dividend of 30
London April 4.-It was tions 19.1/4 for Ready and 10.0/16 cents was paid: and in October 25 for Forward. Silver advices report and July 25, 1932, dividends of 50 nounced this morning by a Treasury tariff оп ed America as having sold. The cents each were paid, prior to which tariff order that "the tone at the close, was uncertain.
the stock was on à 83.50 annual certain kinds of matting is altered In America, the market was strong,
basis. For the twelve months end-to 20 per cent. ad valorem and in The price was quoted at 36 fored September 30, last, net income another class to 10 per cent. u armounted to $9.758,726, or 81.50 a Spot.
The story behind this is that the share. The regular quarterly divi New York advices reported the ends of 81.75 on 87 preferred and Imports. Duties Advisory Commit- opening rate at 3.81 and the closing $1,50 on S8 preferred were declar- the recommended a duty of 49. 6d. rate 3.821. The lowest rate duneed payable April 25 to stock of re- a square yard on carpets. The des
ord March 21. Standard Gas has cription is so worded that it up. certain relatively
Bub-plied to cheap Chinese matting, sidiaries and a large block of Paci- the price of which is only about he Gas & Electric common stock; sixpence a square yard. The fixed these two sources provide a com- tariff of 4s. 6d. a square yard would fortable backlog under present con- have raised this cheap matting to ditions. From, Standard Trade d59. a square yard Representations Securities.
was.3.70.
Market.
Quiet, the tone was steady.
Sterling.
The market opened with sellers at 1/4 April, 1/4.5/10 May and 1/4 June, resulting in business at 1/48 for May delivery followed later by a small transaction at 1/4.5/10 May. The market closed at lunch time with sellers at 1/4.0/32 April/May, 1/4.5/16 second half May and probably
1.90 ou 1/47 June, buyers at 1/4.11/32 April and probably May and 1/4. 7/10 June.
量
$154
$7.00
33
$21
$10
Sinceres
38
Watsons
$9.95
Wm. Powell
$10
M. Greyhounds...
$31
8. C. Enterprises
United Thontros ...Ë.
68 B. Ind. G. Bonds...
H.K. Gort, Loans $105
$9
Wallace Harper :-..
+
China Sports Ltd .......
$220
H.K Wing On
B'hai
Do
68.
$160
Asia Lands Limited
Tel. 28380.
Gloucester Building We offer you a complete brokerage service for the purchase or sale of
New York Securities Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of The Hongkong Daily Press
Canton Agents
John H. Ferguson & Co.
32, B. C, Shameen.
Tel. 18624
Gold Dollars.
The market opened with sellers at 253 for dish but the selling.rate soon rose to 20 at which rate busi- ness was done for cash followed by transactions at 261 second half May and 30 June. The market closed at lunch time with sellers at 28.1/16 April, 26.1/8 May, 20 second hal May, 20.7/16 June and 20.11/10 July, buyers at 20.3/16 for cash, 204 May, 201 second half May, 26) June and 207 July.
Yen. Merchants were quoted at 109 for rocar delivery.
Shanghai Dóllars. Wero quoted at 109.
Shanghai,
Firm. Business was reported at 1/31/8 for May delivery and later, for June. There were sellers at 1/3.1/10 for near, buyers at 1/3.1/8 April-May.
IN THE AFTERNOON.
In Sterling business was done at 1/4 for second half May and May, finishing with sellers at 1/45/16 cush, 1/4.11/82 May and 1/48 second half May/June, buyers ut 1/48 April/May.
Gold-DeYaza Business was done at 28.13/10 for July delivery, finishing with sellers at 20 for near, 28.3/16 May, 20.5/10 second half May, 20 June and 28.13/10 July, buyers probably at 28,3/18 for cash, 26.5/18 May, 20 second half May, 26 June and 20 July
stable
BRITISH ANTHRACITE
WINS WAY IN CANADA'S
Montreal,
MARKET
Canada.-Plaus
were made to the Committee, and the result is that the tariff has been altered to an ad valorem ope.
"It is useful to know, of course, that mistakes are rectified, when they are found out after the duty has been imposed. But traders dis- like of all things changes in tariffs al-from day to day, or from week to ready completed lead to the ex-week, as it were and it would be pectation in import circles here that in the coming season of St. Lawrence navigation not less than 1,700,000 tons of British anthracite coal will be brought into Canada through the port of Montreal. Last season a new record was set when the tonnage reached 1,389,088. The figures of anthracite imports from the United Kingdom and the United States during the past three years are significant of a changing trend in trade:
Year 1032
1031
1930
U.K. U.S.A. 1,300,086 **1,685,532 876,304 2,236,423
996,112 2,955,954
Thut in two years imports from
better if the Advisory Committee would make a thorough examing- tion of the effects of their recom- mendations before they recommend the duty at all.
A local firm had a large consign- ment of the matting in question in transit when the duty was imposed. They were greatly distressed as the duty made the grods unmarketable and but for this concession they would have been gettisoned !]
EXCHANGE
CLOSING QUOTATIONS
Telegraphic Transfer... Bank Bills, on demand/34 Bank Billa, 4 months'
sight
the United Kingdom have gained | ON LONDON:- 40 per cent, while from the United States they have decreased close to fifty per cent. There is little doubt that in the present year for the first time British anthracite will take the lead in Canadian consumption.
ON NEW YORK:
13
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
via Panama Fortnightly sailings on Wednesdays Pros. Coolidge.......Apr. 56, 1. A. Prus, Lincoln
To Seattle and
Victoria
Fortnightly sailings on Baturdays Pres, Cleveland Pros, Taft
May 10
Pres. Wilson
Pron. Hoover guno
May 24
Pris. Jefferson...
June 7
Pres. Cleveland
Pres. Coolidge
..Juno.£1
Prea, Taft...
May 6
May 20
...June 3
...June 24
...Jaly. 8
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Apecial through rates to Europe via United States. connections with all Atlantic lines. Üboice of rail lines across United States and Canada, liberal stop-over privileges" For
Bight-seeing. Full particulars upon application.
Fortnightly via Suez to Europe & America
Fortnightly sailinge on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Ganon, Marseilles, New York and Boston.
8am.
8.1. May 27
June 10
Pres. Van Buren..
.......Apr. 29 Frei. Polk.:
Pres. Garfield...........................May 19. Fres. Adamo
TO MANILA
Next Sailing
Pres. Cleveland 1: ཟས་བྱ བ བསྟན་པར ....Apr. 29
Pres. Van Buren April 29, 8 a.m.
Pres. Hoover
May 18
Pres. Polk
May 27
May 27
May 13
-Tros. Wilson
May 30
Pres. Lincoln..........................................May 2
·Pres. Garfield ....................................May 13 Pros. Taft
Fra Jefferson.
Connecting with 8.8. MATON TO CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PEDDER BUILDING-HONGKONG.
CANTON BRANCH:-, SHAKEL, ROAD.
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
M.S. "JUTLANDIA" Sailing on 27th APR.
CARGO AND PASSENGERS ACCEPTED FOR SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETC. THROUGH BÍLLS OF LADING ISSUED TO OVERLAND POINTS.
TE
.G8120.
Excellent Passenger Accommodation Passenger fare Hongkong/San Francisco
(1st class only) - For Freight and Peasage, etc. please Apply to: THE EAST ASIATIC GO., LTD. THE CHINESE AMERICAN
SHIPPING COMPANY -
*་
Agents:
Agent HONG SLING ・・
JOHN MANNERS & CO., LTD.
Office: MERCANTILE Bank Building (TOP FLOOR), 7, QUEEN'S EDI, ÜZBIRAL, TELEPHONE: 24071.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG)
Tel. 28380 Gloucester Building, Room 304.
(BRUTER'S AMERICAN SERVICE.]
New York: April 29.
Dow Jones Averages: High-1932 Low: Apr. 21
30 Industrials
20 Raile
20 Utilities
40 Bonds
Chauge
Apr. 22
88.7B
41.22 09.78
41.30
13.23 29.51
72.24 2.46 up 30.60 1.15 up
36.11 83.26
16.53 22.04
£3.17 53 up
86.78 74.10
74.35 .25 up
Asla Lands, Limited, has received the following report from their New York correspondents, E. A. Pierot & Co. We think that the general trend next week will be higher, with probably rails and industrials showing to the best advantage: The action of rails today appeared more sincere than yesterday's demonstratiut Wheat rallied, aided eargely by the Winnipeg advance. Cotton ofened lower and elpred strong on heavy buying. Silver Advanced to the three cent himit on continued reports of rehabilitation plans, exchange, and financial developments being the major factora. Business Done: 2,980,000 shares.
DIV. 8 Low PER. Sa.
201
1932
LAST SALE
Нов
Apr 21 Apr. 22
61
80%
3.00 Air Reduction
102
804
April 24, 1933.
897
42
6.00 Allied Chemical & Dys
!!!
89
02
72-
992
4.00 American Cap oyundu
734
America Solting.
281
101
9.00 American Tel. & Tel.
03
94
801
44
5.00 American Tobacco B"
71.
75
3 Araconda Copper Mining
101
121
2.60 Auburn
39
42%
1613
Credita, 4 months'
1.80 Borden Company
268
264
sight
1/18
7
Canadian Pacific
10
112
Bank Bills, on demand 185 Credits, 4 inoutha' sight 895 ON INDIA
Bank Bills, on demand 24 nòm Credits, 60 days' sight.. nom PARIS
162
J. I. Cast
507327
214
5
1.00 Chrysler Motors
13
143
4.00 Consolidated Gas of N.Y.
682
系 433
57
3.00 Drugs, Inc........
40
22
2.00 Du Pont de Nemours
43.
877
201
3.00 Eastman Kodak ...
17
50
6. Electric Bond & Share
17
1874
48
174
28
8
0.40 General Electric
101
401
108
2.00 General Foods
291
-107)
24
74
1.00 General Motors
LOA
24
104
1. Gillette Safety
II
1074
34
100
oleo International Harvester
204
98
108
68) 7.00
(Preferred)
53 nom
161
24
International Tel. & Tel.
BBZ*
10
344
4.00 Liggett & Myers "B"
101
1.00 Loew'a In
Co
201
2.80 National Bileble
431
99
The popularity of the British fuel, both in domestic and smaller
in increasing sizes,
steadily ON throughout Quebec and in the older sections of Ontario where it can be sold to advantage, and it
Telegraphie Transfer. is steadily dusting the American
Bank, on demand The Prairie Pryvinges, ON SHANGHAI: article.
On Demand which used to be heavy importers
of United States, anthracite, noW ON KOBE: buy almost none of it, and depend On demand for fuel upon coke or upon the Or MANILA: semi-hard coal of Alberta, Land
On demand freights on British coal imported ON SINGAPORE : →→→ vis Montreal make its cost prohibi-
On demand their Westeriidamadazhibië OF DARVIAT
On derhand claimed there are possibilities of working up a businese in it through Ox S4100
On demand the new port of Churchill on Hud- son Bay,
ON BANGKOK :
On demand SOVEREIGNs, Bank Buying
Hate
It is said here that Scandinavian tonnage largely will be employed in the coal business to Montreal this season,
|
rel
13
1414
BAR SILVER, por on metal 101
Montgomery Ward
16 2.00 Pacific Gas & Electrio
0.50 Pennsylvania Railway
Radio: Corps,
Sears Roebuck
107 1.00 Standard Oil Co. of New
Тетану
214
Bid.