DAILY SHARE QUOTATIONS
BONG KONG STOCK EXCHANGE.
Buyers Boilers Bales Nominal
SHAREBROKERS- PASSOCIATION.
HONG KONG DAILY PRESS, FRIDAY, APRIL - 28, 1933.
MONEY AND MARKETS
THURSDAY,
Bayern
Ballers
#lis
APRIL 27,
Bazka
FINANCIAL NOTES FROM
$1,7161
H.K. Hanks
2121
LONDON
13 £24
E91
$100
90
Am. O. Fin. Corp; B.
"4.0"
CAN
Do. (London) ........ Chartered Banks .... Mercantile Bks. "A"
Do.
Bank of East Asia...
N. C. & S. Barka
15.40 Ch. Fin. Corp. Ord. ".
36.00
Do. Prof. 9
Inmirandoa
95.25 International Assos. S.
F
$1,715
£13 ex d'v
8241
29)
57)
$1,360
Canton InsurancƏR....
$1,370
$2.35
Underwriters
$9 26
3560
Union Insurances....
1545
$620
Chins Fires
|
SEDO
II.K. Fire...............
$336 $250
Skipping
$921
Douglases.....
$34
#12
Steamboats
$22
$26
Indoy (pref.)
85/.
$20
Do. (def.)
80/
44/44 Sholla
42/6
Waterbosta
$20+
Mining
$241
324
23/0
Kailans
811
Langkats (single) 8.
Explorations.......
$5/- $8.57 81.28 83.95 $9.00
Tronoli Mines ...
13,0
Benguet Explorations
35 cts.
Bonguets.......sta
$420 Venezuela Gold Fida #3
·321
39.30
Ranba
Doška, Whar706,
Godowna,, ste.
H.K. & K. Wharves.
Providents (old)
Do.
H.K. & W. Books
Lyons New Stock: Rolls Royce Leeds: Cotton
Trade and the Silver Market: Unilever's
Ltd.: India and Japanese Cotton.
(Special Air Mail Service)
LONDOS, April 11.
LYONS £1,700,000 NEW
DEBS
Underwriting will take place to day, for an issue of £1,700,000 4, pc First Mortgage Redeemable Doben- ture stock of J. Lyons & Co., the famous caterers. The issue price is 101 p.e., and the stack will be redeemed at par in 1973, subject to the company's option to repay holders at par after January 1, 1963.
CHINA' SILVER DOLLAR
Tin Chinese Government is ap- parently rouking another effort to give Chinn a uniform currency, says The Tintes of April 10. At the beginning of March the Govern ment's new central mint at Shang- hai began operations, and is mint- ing a new standard silver dollar. The Chinese authorities intend that the new silver standard coins should be substituted for the tael, and the new dollars have been made ex- changeable for taels on the basis of 71.50 taels for $100. For a long time British banks in Shanghai The object of the issue is to re-
have had accounts in both tacks and place, at a considerable saving of Chinese dollars, for of late years interest, existing Debenture stocka and mortgages, the holders of the Chinese dollar has largely oust- rd the various foreign dollars which are given the right of conver which once circulated in China, sion. Applications from share-
Taels have been mainly used for holders and employees will be
large tranzactions, and the dollar given preferential consideration.
As a fixed The new
stock is specifically for retail purposes. 1.134 secured on properties to the value ratio has been arranged betweenTM of over £2,000,000, and the annual aeds and dollars, the Shanghai ex- interest requirements are, covered change can still be quoted on the more than twelve times by profits basis of the tael, but the latest in each of the past five years. It messages from Shanghai indicate is estimated that the profits for the that the exchange may shortly be year to March 31. last will more quoted on a dollar basis, in which than suffice to pay dividends at the case it would be about 1s. 2d. in sane rates as last year. The ex place of is. ld us at present. ceptionally high standing of the The tael is a weight of silver of borrowers is indicated by the rea given fineness, and has for many $13.90 demption yield of £3 168, 2d. offer years constituted the standard in
ed by the new stock, and by the general use for banking and com fact that £500,000 of the issue has mercial operations. The new dol- already been applied for hut not lar weighs 30.0971 grammes, and contains $8 per cent, of pure silver. allotted. Subscriptio. lists will $15.20 open on Tuesday.
JAPANESE COMPETITION
$230
8:30
34
83.95
11.30
(new) ...
$181
$10 1.8
S. China Motors' A'
Do.
$1.40 *20 $8"
"B"
$8
$300
38.85
$6.50
$7.10
3133 Shanghai Docks 3.
इस
New Engineeringa3. Hongkews...........
Lands, Hotsis, and Balldings
H.K. Hotelan H.K Lands........8. $74)
336) Shanghai Landa...8. $14
Metropolitan Lands..
$14,75 China Du...8.[
$75
$7
T.E
HK. Basities...
$137
Do. Debentures3.
314 $140
Humphreys
$20
Aaiu Realties "A" S.)
Do.
"B"8.
395
Chinese Estates......
Ootton Mill
Ewos
895
Bhai Cottons.......
195
814
Zoong Bings S
¥AB
Wing On Textilar(S.)
$14 $100
*Public Utilities
$21
21/21. 10
$16
$8
$90
Tramways..........
$16.20) Poak Trams (old)....;.
58
Do. (DOW)...
8901
Star Ferries
lex div. $30
---
Youmati Forries(old) Do. (new) cum. rights...
$12.50 China Lights told)...
H.K Electrica ......
ex div.] $30
$112
$11
Do.
(now)...
$12 30 13 10/25
$72 $721
$25
Macao do.
$10 Sandakan Lights ........
527
Telephones...
$26.25
BIS
China Buses ......3..
21-
Tractious
12/.
Do. (pref)
-Industrials
$15
Malabon Sugarz
319 Caldbeck, Yord) 8.
$14.70 Macgregors (prof.)8.
Cements (comb.)...
.Do. (old)....
$6
Canton Ices
16.00
$55
$I+
19
***
+
Do.
(new)...
Bopasama
Ch; Agricultures
Miscellaneous
$27
Dairy Farrantza
Der A Wings.........
3121
Amusemente.................
$12
Ch. E'tainmenta......
$3
Constructions, (old)
.99 ota,
34.43
#21
.38
Do. (new) Lane Crawfords... Mackintoshe Nanyang Tobacon...
Watsons...
Wm. Powells
$27
$6
16.60
35
19
***
$27
$121 $12 14
1.8 'cle.
$41
$154
$3.35
310
M. Greyhounds......
Y
8. C. Enterprises
$2+
United Theatres... 8.
084
B. Ind. G. Bonds... 68'),
6%%
prem.
H.K. Gort, Loans... $105
$9
Wallace Harper.....
China Sporta Ltd...
$220
H.K Wing On .......
S'hai Do
LOCAL AND REGULAR OUTWARD MAILS,
1920 $160
(7.15 am, &
7,00 5.00 pm
17.00 p.m.
4.00 puta 9.00. (8.16.80 m.
WEEK DAYS.'
FUE
FROM G.P.O.
FROM SHEENGWAM BRAKON P.O.
FROM G.P.O.
¡SUNDAYS & HOLIDAY:
From ÅHRUNGWAN BALKON 2.0.
Canton
Bamshul and Wachów (By)
direct steamer).
7.15 am.( 7,00 am, 0.00 p.m.
{7,00 p
4,00 p,
4.00 p..
17,15 m. & 7,80 a.m.
1.15 p..
1,80 p.m.
6.00 p.m.
6.00 p.m
Batalan and Wnshaw (Bg)
7.15 ..
Train)
441
DO
1,00p.m.
(9,00 2. &
8.00 p
Macao & Tainaban
Xingmson (except Saturdaya)||| 5.00 p.m.
Kankong (except Saturdays)
£ Po
Cbumabas
Cheungchow
Stanley.me
Autan
Pingahan, Bastia
Balkang i-
9,00 am, &
8.00
1.00 pm,& 5,00 p
115 pm Bindays Lonly
5.00 p
7.15 a.I.
11,00 9.00 3.3
11.00 .20. (11,00
1 & 5.00 pm.
1100
8.80 1.1.
Shatin,
Rintankok and Sheung-
12,80 p.3. 8,30 am
8,00 p
10,80 12.
10,800
4,80 p.
Famian Brekk & Taiping
Name>
2.00 px
1:30 pm Sunday 8.30. only 76.00 pm
6.00 p
ROLLS ROYCE SUCCESS
IN INDIA
The serious position of the Indian The experience of the Rolls-Royce Co. is the best tribute to the ex-cotton textile industry was describ cellence of its product. During ed by Mr. H. P. Mody, chainuar
year when the staple industries the Bombay Millowners' Asso were at their lowest state of activity ciation, at the annual meeting. this undertaking, which manufacHe referred to the utterly inade- tures costly luxury commodity, is quate measure of protection" given able to report an improvement in to the industry against the inroads ite business. It is, it may be pre-of Japanese manufacturers.
During the last few months (Mr. sumed, another instance of the best proving in the end to be the most fody said) the association had re- serviceable. The Rolls-Royce engine peatedly urged the Government of is, of course, pre-eminent, and the India to realize the situation and Krowing use of the aeroplane is prevent the ruin of a great nation- becoming a remunerative branch of a industry at the hands of foreign the company's products. Lord competitors. He announced that a Wargrave at the annual meeting deputation of millowners from all yesterday drew attention to the parts of India had received per- success of the British aeroplanes mission to wait on the Viceroy to fitted with Rolls-Royce engines, and urge the industry's case. Prompt both the land and air speed records and effective steps would need to held by Britain have been achieved be taken if a complete breakdown by machines fitted with the com
was to be avoided. pany's engines.
COTTON TRADE AND, SILVER
A resolution urging the need for a. rise in the price of silver was passed at a meeting yesterday of the
HONG KONG STOCK MARKET.
YESTERDAY'S OFFICIAL
QUOTATIONS
It has been a rather cheerless day today, with prices giving way. generally, even though the volume of trading was limited in the ex-
treme.
Unicns broke heavily, and were
on offer at 8125,
Sales
Hongkong Banks, $1,715. Benguet Explorations, 33 conta. Hotels, $0.70..."
Ewo Cottons (Shanghai), $14.30; Macao Electrica, 85, Telephones. $27. Cements (Combined), $6.40/6.20.
Buyers.
Canton Insurances, $1,360. H.K. Fires Iugurances, #930. Douglases, $32).
H.K. and K. Wharves, $128. HK. Realties, $7.10. Chinese Estates, $5. Hongkong Trams, $21. II.K. Electrice. $72.. Maen Electrics, $25, H.K. Govt. Loans, % prem.
Sellers.-
Union Insurances, 8530. Union Waterhonts, $15. Cements (Combined), $6,
THE EXCHANGE MARKET
MESSRS. ROZA BROS., REPORT.
Messrs. Roza Bros., have forward- ed us the following exchange mar- ker report for yesterday,
to
Silver prices dropped yesterday to the extent of 1.15/18d. for both deliveries, quotations being 183 for Iteady and 18.9/16 for Forward. Silver advices indicated the drop American speculators having sold. The market rallied sharply. in the afternoon and business was done at the close at 19d. In America the market opened weak with business done as low as 34 but reacted subsequently to 35.7/10 for Spot.
New York advices reported the rate to be 3.80 and the market was erratic.
Market,
Quiet, the tone was steady.
Sterling.
and 1/4.9/18 June, buyers bidding 1/18 higher. Subsequently a small business was done at 1/4.0/10 for June and also 1/4.17/32 June and 1/4 May. The market closed at lunch time with sellors at 1/4.7/16 April, 1/4.15/32 May and 1/4.17/32 June, buyers at 1/4 April-May and 1/4.19/32 June...
Gold Dollars,
.
Mr. Mody pointed out that since
There were sellers after the open- the Government of India took acing at 1/4 April, 1/4.7/18 May tion on the Tarifi Board's report, dealing with the depreciation of the yen, the yen had depreciated much further. The result had been that the additional protective duty had proved wholly ineffective in pre- venting Japanese penetration into of general committee the the Indian market, and wholly in Federation of Master Cotton Spiu-sufficient to enable the. Indian tex Hers' Associations. The resolution tile industry to realiza a fair sell- pointed out that the contraction of ing price for its products. The cotton textile industry of this The Times of India, commenting mainly due to the loss of trade with on the speech, refers to the recent Far Eastern customers whose pur-closing down of mills in various chasing power depends on the stor- parts of. Bombay Presidency as a ling value of silver,
preliminary step to the introduc- It was resolved to urge the Gov-tion either of lower wages or of ernment to make a more extensive greater labour efficiency by insis- use of silver in the coinage, and to tence on the operatives attending take international action at the more looms. The newspapers ex- earliest possible opportunity to in- prosses the view that, in addition crease the price of silver," which
to such action, the problem of the should be stabilised at a minimum internal reorganization of the in- price of 24d. per oz."
dustry must be taken in: hand.
FLAG
RIGHTS FOR SUGAR
MANILA PLEA FOR : NON-DISCRIMINATION
If the United States Government in its efforts to limit sugar produc- tion recognizes the basic principle of justice to any and all states and territories over which the flag flier, the question of limitation for the Philippines always can be consider-' od in a frank and open manner. There are various angles to the whole question of limitation and quota allotments; but in all cases the principle of non-discrimination must be recognized. Any limitation which accorda the Philippines the samo treatment as is accorded" to the states of the union and the re- gularly organized territories has a chance to be noceptable, but if or ́ when that policy, la violated the whole matter immediately reversen itself.
This is merely an expression of the rights which go with the flag, rights which are inalienable- Manila Bulletin.
LONDON STOCK EXCHANGE
(BRITISH WIRE/ESB SERVICE. ]
Business was reported at 20 for June delivery. There were sellers at 26 cast, 26.3/16 May and 26 June, buyers at higher respec tively.
Yen.
+
Merchants were quoted at 103 for near delivery.
Shanghai Dollars.
Were quoted at 100 for near de- livery...
Shanghai.
Business was reported at 1/3.3/16 for Jane delivery. There were sellers at 1/3.1/16 April, buyers probably at 1/3 for near delivery.
11
1
13
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
via Panama
To Seattle and
Victoria
Fortnightly sailings on Saturdaya.
Pres. Wilson
Fortnightly sailings on Wednesdays Pres. Lincoln 1 D. Pres. Hoover ...................
May 10
Pres, Cleveland
May 24
Eres, Taft
May 20
June 7
Prea. Jefferson.
Jane 3
Pres, Coolidge.
June 21
Pree, Clevoland .....
***.Jazo24
Pres, Jackson
July 6
Pros. Taft......July 8
ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe vin United States. Direct conaestions with all Atlantic lines. Choios of rail lines across United States and Canada, Liberal atop-ovor privileges for Sight-seeing. Full particulate upon application.
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Buez Canal, Alexandria, Naples, Ganon, Marsailles, New York and Boston.
8am.
Pros. Van Buren...............Apr. 29 Pres. Garfield
Free. Folk.
May 13
Pres. Adaras
TO MANILA
Next Sailing
Pres. Cleveland.....
8 4.1. May 27
Pres. Van Buren April 29, 8 a.m.
Apr. 29
Pres. Hoover
TESSA
Pres. Lincoln
Prew, Folk
Pres. Garfield............................May 13
Pres: Jaffercn...
Pres. Taft
May 16
May 17
May 27
........ May 13............... Pres. Wilson--..
་་་་་ ་ Din May-30-
Connecting with 8.9. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PEDDER BUILDING-HONGKONG. CANTON BRANCH-4, SHAXES ROAD.
Asia Lands Limited
Gloucester Building Tel. 28380.
:
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.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28388-Gloucester Building, Room 308.
{REUTER'N AMRIDAN KRAVIOR}
New York: April 20. Dow Jones Averages: High-1932
30 Industriale 20 Kaila
20 Utilitica 40 Bonds
88.78 .41.30.
36.11 83.28
Low: Apr. 25 41.22 72.40 12.23 20.11... 16.53 23.28
Apr.28 Change
72.04 1.10 up
31.17 1.00 up
23.77 .49 up
65.78 75.20. 75.67 47 up
Asia Landa, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. The undertone remained firm in spite of trading 'expectations of a reaction. The immediate outlook is puzzling but the fact remains that the list has absorbed a tremendous amount of profit taking recently, without giving any material ground. Wheat was nervous and erratic and fresh outside buying was abeprbed by local selling. Cotton inslined slightly on a lower Sterling exchange but rallied towards the close. Business Done! 2,910,000 shares... |
· 1932
DIV. LOW-PRE, SE
Canadian Pacific....
LAST SALE
Игон
Apr 20 - Apr. 26
64}
30% 3.00 Air Reduction
164
BSZ
42)
200
6.00 Allied Chemical & Dye 4.00 American Can AR
American Smelting..
.91
DOL
-74
744
28*****
127
701
0.00 American Tel. & Tol.
93.
047
1892
44
5:00 American Tobacco
B
Paris New York Montreal Brussels Geneva
Rugby, April 26.
877/16
IN THE AFTERNOON
The market was quiet in the afternoon.
198 151
13
Anaconda Copper Mining
-12
2.00 Auburn,
16
1.60 Border Company.
200
Sterling,
10
J. I. Chat
3.791
.5
1.00 Chrysler Motors..
4.301
24.03
17.65
'Amsterdam
8.554
Prague
118
Business was reported at 1/4.17/32 for May delivery, finishing with ellers at71/4) April-May and 1/4 9/16 June, buyers probably at 1/32 higher.
21
4.00 Consolidated Gas of N.Y.,
401
23
8.00 Drugs, Inc.
...46
41
92
2.00 Du Pont de Nemours
35
3.00 Eastman Kodak
402
&
0%
Electric Bond & Share
625
401
"Gold Dollars.
BL
0.40 General Electrici
152
18
199.
2.00 General Foods
174
110
1.00 General Motors
201
301
607
10
Le Gilletta Safety
16
12
Bucharest
580
10
Berlin
16,029
0:00 International Harvester ...
12.
11
-68) - 7.00 („*
Stockholm
(Preferred)
201
24
hid 057·
Copenhagen
34
Madrid Lisbon Athens
Belgrade
Rio
Buenos Aires
18 11/82
227/16 935-
5 nom,
Business was done at 28.7/18 for June delivery. The market closed with sellers at W$ for cash; 28.3/16 May. 15/16 second half May and 28.7/16 June, buyers at 1/10 higher respectively.
-binabavideo-chokademiyal-
·Oslo.....
Vientia Helsingfors Bombay Shanghai Hong Kong.
41 O.R.
104.
33 10m. 999 1/6.1/32
1/2 13/16
1/47/10
[Continued as fool of next Column)
Yokohama.
Milan South African £
War Loan
Silver (Spot).
1/31/16 66 3/10 0907-100%
per £100 sterling. 50% 100 7/16
18
Silver (Forward) ........
180/10
International Tel. & Tel....
4.00 Liggett & Myers."B"....
1.00 Locw's Inc.
Montgomery Ward
2.80 National -Biscuit. Kui 2:00Pavifio Gio-do Blastzie 0.50 Pennsylvania Railway
Radio Corpa.
* Senin Roebuck. 1.00 Standard Oil Co,
Jersey