DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS' ASSOCIATION.
Balleri Bayere
Buy Bellat
Balas Nocni
WEDNESDAY, JUNE 7.
$1,7301
$1,730
£126
***
£141 £241
508
Balon Wamtos
$1,730
221 £9
124
Banka
H.K. Banks
Do. (London)} Chartered Banks
Mercantile Bks. "A"
Bank of East Asia... $96
$7.10 N. O. & 8. Backu` ... $20 Am. O. Fin.Corp: B 16.40 Ch. Fin. Corp. Ord. 8. 3600
Do. Prof. 8
Do..
MI
***
***
<IF
$1,430
Insurancea
$1,450
Canton InsuraUCES.....
$2.35
***
Underwriters ...........
12.35
3525
$520 526
Union Insurances ...
#515
$595
China Fires
3590
3270
H.K. Firea.........
$250
84.75
International Assce, S.
Shipping
$32)
$59
$30
Indos (pref.)
$30
49/9
$16
܊ ܊ ܐ ܐ ܃ ܃
$331
Douglaso
Steamboats
Do. (def.)....
Shell.......
Waterhoata
Mining
Benguelam
**
Venezuela Gold Fida $450
Kailans
Langkats (single) B.
Explorations......
Shanghai Loans
Kauba.......
Tronoh Mines
31 cte. Benguet Explorations
Docks, WharvSS,
341
32/4
813
32.10
$5
$10
***
***
***
!!!!!!!
$84
122
$30 $30.
49/
HONG KONG DAILY PRESS, THURSDAY, JUNE 8, 1933
MONEY AND
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
The market to-day maintained its firmness throughout the morning, and fair quantities of shares changed hands, both for cash and for the June Settlement, but very little was done further, forwärd than the current month. 2
The principal medium of trading
China were
Lights, Cements, Hotels and Telephones, the last- named being in very strong de- mand, A Tow parcels of Unions also changed hands from 8890 up to 8087 for the Settlement,
Sales.
Hong Kong Banks, $1,730, Union Insurances, $520/623. Providents (Old), N. Hotels, $7.30.
Ewo Cottons. Sh.815.80/15.70. Hong Kong Tmms, $22. China Lights (Old), $13.20. China Lights (New), 812,40. Electrics,
$16
234
251-
$4
$9,80
Dairy Farms, $28.
19/-
Lane, Crawfords, p.
Godowns, sto.
$126 $3.90
H.K. & K. Wharves.
$131
$4
Providents (old)
$390
$1.40
Do. (new)... 31 40
$19
H.K&W. Docks
18
$10
18
S. China Motors A'l
Do.
$8
g"
$6
$148.
靼人
$149 Shanghai Docks S.
New Engineeriagab.
Hongkews...
Lands, Hotels, and Buildinge
H.K. Hotels.**** H.K Lands......... Shanghai Land...S. Metropolitan Lands.. H.K. Realties......
37 #7.35 87 30
FAL
$7.95
www
Humphrey.........
Aris Realtion "A"S
Do. "R" S. Chinese Estates......
Cotton Milla
141
BOS. $15
177
3},
Telephones, $29.30.
Cements (Comb.), 873.
Buyers.
Hong Kong Banks, $1,730.
Canton Insurances, $1,450. Union Insurances, #520, Underwriters, $2.35.
Hong Kong Fires, 2970.
Douglases, $32},
Shanghai Explorations, Sh.$2.10,
Wharven, $128.
Providents (Old), $3.90.
Providents (New), $1.40,
Hotels. $7.9
Hong Kong Lands, #781..
H.K. Realties, 28.
Ewo Cottons, Sh.$15.65.
China Lights (Old), #13..
Electrics, $73).
China Lights (New), $19.40.
140
Telephones, $20).
$13)
Cements (Comb.), $1.50. Cements (Old), $6,40,
ALI
#110
814)
#8
1331
| 87,30
$781
$383 $14
$141
Chius Do
3137
Da DebenturesS.
313
3140
$80
$97
$5.661 $15.74 15.80/70
811
Sbai Cottons......S
814
Zoong Sings
895
Wing On Textiles(3.) $90
Fubilc Utilities
$12
SEO
Posk Trains (old)yi.
-$7)··
Do (new)...
Star Ferries ***
198
Yaumati Ferries
613,20 $12.101
$73
DO. (new)... $131
H.K. Electrics
$43
Macao domu
110
Sandakan Lights ....
$201
$19.30
Telephones...
$29
+
$11
China Buses....S.
1.1/
Tractions...............
13/-
• Do. (pref.) 19-***|
$15
Malabon Sagare
$15
$20
Caldbeck, Kord.) 3.
$18
Macgregors (praf.)8.
$8
Fre
Do.
་་
$131
$12.40
#731
!!! គឺខ្លី!ធ្វើ ៖ ៖ ៖
$7.80
$0.40
IN
+4
$28
$124 $134
$4.40
$1
Tramways $21,80
(ex div,
+
China Lights (old)...$12.10)
Industrials
Canton Icesa
Cements (combi).....
(old)...
Do. (DOW)... Ropes
Miscellaneous
Dairy Farmorman Der A Wingsmas Amusements....
Ch. Etainments.....
Constructions, (old)
Do.
Lane Crawfords...... Mackintosha
Nanyang Tobacco....
Sinceros darsaarmee
Watsons
Wm. Powells
(DOW)
க்கர்
$14
$10
$2,10
$10
M. Greyhounds
$31
H. C. Enterprises
И
United Theatres..... 8.
70",
21
*9
$190
100
1##114141MU
B. Ind. G. Bonds... 73.
H.K. Gart, Loans... $102
Wallace Harper.......
China Sports
H.X Wing O
A'bai Do
Ltd
16
div. 37
120
13,10/ 13.20
#73)
Cements (New), $14. Govt, Loans, 2 Prem.
Sellers,
B.K. Steamboats, $22 Ewo Cottons, Sh.813).
SHANGHAI SHARE
· MARKET
CARROLL, BROS. QUOTÀ- TIONS
MARKETS
FINANCIAL NOTES FROM LONDON
Good Textile Results: The Gyrations of Silver: The Chancellor and Foreign Shares: Fin- lay's Dividend: Shaw Savill and Furness Withy
{Special Air-Mail Service)
GOOD TEXTILE RESULTS
vanuse of recent years, partly as a result of the depression in the LONDON, May 25.
tea plantation industry, in which Stimulus was given to the marit is largely interested through its ket for textile shares by the shareholdings in the Finlay group favourable results reported by J. of tan companies. Thanks, how- and P. Coats, Ltd, and the Bri- ever, to its extensive holdings of tish Cotton and Wool Dyers' As Gilt-edged securities, it has been sociation, two undertakings which able to pay a dividend of 2 per are of first importance in the in- cent on its Ordinary capital for dustry.
each of the past two years. The accounts for 1832 show that its direct trading activities again re- sulted in a loss, the deficiency be ing £27,990, compared with £24,033. From its investments in Govern ment and other securities, however,
British Cotton and Wood Dyers had trading profit for the year of £119,057, against only £87,132 a year ago. As is usual with this concern, shareholders receive direct benefit from the increased pros-
perity, and the dividend on the it received an income of £113,007, Ordinary shates has been raised against £116,732, and from its hold.
to 3 per cent, against only 3 per ing of Ordinary shares, which in- cent. & year ago, and nothing includes its plantation share inter- 1831. The price of the bs. Ordinests, it received £86,541, almost the sry has naturally responded to the same amount as for 1931. Profit better showing, and the quotation, for the year is £149,388, and in now around .. includes the order to maintain the dividend the dividend just announced.
balance carried forward is drawn So large is the undertaking of to the extent of £10,000. The com J. and P." Coats, Ltd., that any improvement in profits must indeed pany's chief asset consists of its investment holdings, which stand be considerable before material
at £1,101,778, of which the market benefit can accrue to share-holders, valuation, or directors valuation Nevertheless, the results achieved where there is no market quota- this time are such that the com- tion, is £3,755,857. This shows an pany is able to return to its form-improvement on a year ago, when er policy of making a bonus dis tribution. Profits, after providing for depreciation, taxation, etc., totalled £2,258,108, against £2,024,
The dividend is 363 a year ago: again 10 per cent., but the bonus of 2 per cent. now declared has been absant since 1926, J. and P. Coats Ordinary stock is dealt in on the Stock Exchange in units of £1 each, and the present mar ket is distinctly firm, with a quotation of around-5, ed.
**
· RESTORING SILVER The gyrations of silver follow no foreseeable couYesterday the- price recovered no less than 13-16d, to 19d, on the report of an agree meat between the U.S.A., Canada
Messrs. Carroll Bros have re-and Mexico for the rehabilitation ceived the following cabled quota tions from. Shanghai, dated ycater- day.
China Finance Corp. 8 3.90 International Investment
Trust Co.
Cathay Land Yangtze Finance Co.. International Assurance Co. China Realty...... Shanghai Land Investment
Co.
the
balance-sheet
| £4,147,534 valuation ance-sheet
figure
and the
£3,515,881. The
discloses
年
was market bal-
EUROPE 445 SUEZ AMERICA...SUEL
STRAITS INDIA
INTERPORT
The
President Liners
TO CALIFORNIA'
YO NIW YORK
13
TO SEATTLE VICTORIA, INTERPORT
Weekly Sailings Transpacific
REDUCED
ROUND TRIP FARES
On Sale from JUNE 1st JULY 31st
to
With Return Limit to
September 30th
Hong Kong to
Honolula and Return Victoria and Return Vancouver and Return
First Class Tourist Class
G$ 360
G8 196
G$ 432
G$ 240
G$ 432
G$ 240
Seattle and Return
G$ 492
G$ 240
San Francisco and Return ...
G$450
G$ 240
Los Angeles and Return
G$450
G$ 246
Apply for further particulars.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PEDDER BUILDING-HONGKONG.
CANTON BRANCH:-4, SKAKES ROAD.
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
remar M.S. "SELANDIA” Sailing on or about
tak.
obly. liquid position, for ing the market valuation of the securities the floating assets are £4,862,000," against which current liabilities are £1,278,000. The com
extensive merchant pany has an banking business, and the current liabilities include banking deposits. and accounts to the £326,174,
armount
SHAW SAVILL AND FURNESS WITHY
The announcement, made on an other pago, of the acquisition of
substantial share interest in of silver. This, in conjunction a with the intention of Senator Pitt Shaw Savill and Albion Company; man to come to the London Con Limited, by Furness Withy and ference, suggests that the interests Co., Limited, and its associated of the silver producers are to re-enterprise, the British Maritime 12.60 main prominent in forthcoming Trust indicates a noteworthy de- velopment of activities by the 17.00 discussions. 11.00 The forcing into circulation of Furness, Withy group. The Shaw 5.50 coins of a higher silver content Savill and Alon Company main- 16.00 than is the general practice since tains passenger, mail,, and cargo the war would absorb a large part liner services to and from this coun- 33.50 of surplus supplies. The interest try and New Zealand and Austra- New Engineering & Ship
ing point, however, is not the lia. Together with the P. and 0. Building Works (Ord.)... 8.00 feasibility of the scheme, but that Steam Navigation Company it re- these three countries have decided cently subscribed the capital for Shanghai Dock & Engineer-
.............. 149.00 to take silver in hand. President the newly formed Aberdeen and ing Co.
Roosevelt, under the new inflation- Common-wealth Line, Limited, so Shanghai & Hongkew Wharf
present developments Co.
338.00 ary measure, has already ample that the
powers to make silver a new cur establish connexions between 3m- Shanghai Electric Construc-
43.75 rency base, and were this the only portant British shipping groupe. tion Co.
factor the outlook would be pro- Mr. John Macmillan, who has long missing. It was only on Tuesday guided the fortunes of the Shaw that sellers were impressed with Savilland Albion Company with the fact that America had the larg signal success, resigns the chair- est stocks of silver in its history manship in favour of Lord Essen- at between 76 to 100 million oz.
don, but he will continue as manag- ing director, and there are three other additions to the board. The Ordinary shares of Shaw Savill and Albion Company, Limited, Navigation the Oceanic Steam Company, Limited, Furness, Withy and Co., Limited, and the British. Maritime Trust, Limited.
$281
$121
$13
$4.30
1.96 cía
Ewo Cotton Mills, Ltd....... Shanghai Cotton Manufactur
ing Co.....
$4.80
Zoong Sing Cotton Mills,
Etd.
Anglo-Java
おして
Anglo-Dutch
39.70
$1.80
Zinugbes
Langkats
$2
1037/1/09
$190
140
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
Agents
John H. Ferguson & Co.
B. C. Shameen.
Tel 18624
15.70
110.00
14.30 3.90 3.00 5.90 15.50
All prices are in Shanghai dollars
THE EXCHANGE MARKET
MESSRS. ROZA BROS.. REPORT
DEALS IN FOREIGN SHARES
A notice was issued. last night by the Treasury defining the scope of the Chancellor, of, the Exche quer's ban on foreign share issues. It is stated that for the present the Chancellor thinks that it is not in the public interest that large blocks of securities, including se curities dealt in on the London Stock Exchange, should be pur- chased from foreign holders with, view to their sale in this coun- try either by an issue to the pub- lic or otherwise.
Silver prices dropped yesterday to the extent of 3/10 for Ready and 1/4 for Forward, the quotations being 19.1/4 for both deliveries- With this further explanation he Silver advices reported speculators believes that in the majority of as having operated both ways. The instances a judgment will easily Continent sold. Indian.Bazaars be formed whether any particular bought. The tone at the lose was case should be held to fall within steady. In America the rate was the spirit of his request or not, but he hopes that in future wher slightly lower at 35.5/8 for Spot.
New York advices reported the ever any doubt arises, inquiry will opening rate at 4.10.1/2 and the be made at the Treasury before a
transaction is set in hand. A closing rate at 4.04.1/4
Market.
Opened steady but towards the close the market appeared to be on the firm side,
Sterling. Business was done early in the morning at 1/4.8/4 for cash follow-
FINLAY'S DIVIDEND MAINTAINED. James Finlay and Co., with its multifarious interests in the East, bas, experienced a reduction in re
ON LONDON
EXCHANGE
· CLOSING QUOTATIONS
June 7, 1991
Telegraphic Transfer Bank Billa, on demand Bank Bill, 4 months
aight
Credits,
months
sight
ON
NEW YORK:--
Bank Billa, on demand 273 tim Credits, 60 days' sight. nom
ON PARIS
Bank Billa, on demand fra Credits, 4 months' sight 95 On India
Telegraphio Transter... Bank, on demand ON SHANGHAI
On Demand ON KOBS:
"On-demand"
ed by small transactions at 1/4 July and 281/2 August, buyers at Os MANELA 25/32 for near and 1/4.13/16 second 178 higher respectively. half June. The market closed with sellers at 1/4.23/39: June, 1/4.13/10 July and 1/4.87/32 August, buyers at 1/39 higher.
No business was reported. There were sellers early in the morning at $8.1/8 for near but later the selling rate rose to 98.1/4 for cash, 28.3/8 (Continued at foot of next Column)
On demand Yen
OS SINGAPORE --- Merchants were quoted at 111.3/4 On demand"
ON BATAVIA 1 for near delivery
On demand.
Shanghai Dollars, Were quoted at 119.3/8 for near O SAIGON delivery.
Shanghai, Steady, Sellers were indicated at 1/3.1/8 few near with business done at 1/3.3/18 July.
On demand ON BANGKOK:--
138
On demand BOTEREIONE, Bank Baying
Rate: BAR SILVER, par Ok, konsign. 18)
FOR MANILA
FOR SAN FRANCISCO, ETC.
10th JUNE
via SHANGHAI 20th JUNE
CARGO AND PASSENGERS ACCEPTED FOR MANILA, AND SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETC. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger Accommodation
Passenger fare Hongkong/San Francisco G8120 (1st class only) For Freight and Passage, ote, please Apply to
The Chinese American Shipping
The Bast Asiatic Co., Ltd.
Agente
Company
„Agent: HONG, SLING
JOHN MANNERS & CO.LTD.
Office: MERCANTILE BANK BUILDING (TOY FLOOR); 7, QUEEN's RD., UNNTRAL,
TELEPHONE: 24071.-.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28380-Gloucester Building, Room 208.
1
6.
[BEUTER'S AMERICAN SERVICH.]'
88.78
New York: June Dow Jones Averages: High-1938:
30- Industrials 20 Rails 20 •Utilities 40 Bonds
01.9001 up 43.33 1.08 down
Low: June 8. June 6. Change
41.2291.89. 13.22 44.41:
33.49 36.1116.5332.83
.66 ap 85.78 84.27 84.34 .03 down.
41.30
83.96
Axia Lands, Limited, has received the following report from their New
York correspondents, E. &. Pierce & Co. The announcement of a reduc tion in the dividend of Atchison Preferred from five to three per cent temporarily unsettled the market but, as has happened so many times before, there wasn't any follow-through selling and no signs of abandon ment of the sponsorship more active issues. It looks as though we shall have in the immediate future a group of markets featured by a Wheat: further rise in Communication stocks, Tires and. Steels. Hesitating, with finala slightly lower. Canadian crop reports are more favourable. The low foreign demand, bearish statistic and heavy Canadian marketing are over-shadowing inflationary possibilities at present. Cotton: Market nervous, ignoring the strong cables, Rumours that the Reconstruction Finance Corporation would loan $100,000,000 for leasing cotton lands induced some speculative buying. Business Done: 5,210,000 shares.
3.00 Air Reduction
6.00 Allied Chemical & Dyo
American Smelting.
LAST SALT
1932
DIV.
HIGH
Low PRL BH.
June 5. June 6.
30%
42
$811 $807 1101 118
824
4.00 American Can
94
D2Z
30
Asia
1371
9.00 American Tel. & Tel. 5.00 American Tobacco
1211 1201
B
68
871
80
198
Anaconda Copper Mining 2.00 Auburn
1611
1.00 Borden Company
Canadian Pacific
331
2.00 Chase National Bank:
100 Chrysler Motors
31
4.00 Consolidated Gas of N.
3.00 Drugh, Inc, dua
551
22
2.00 Du Pont de Nemours
3.00 Eastman Kodak
87
B
48
340
154 x 8.0
erred) 110
0% Electric Bond & Share
0.40 General Electric
2.00 Genaral Foods 71.00 General Motors 1041.00 Gillette Balety
0.00 International Hi 7.00
International Tel. Tel: 4.00 Liggett &
·1.00 | | Loen
Mon
2.80 National