DAILY SHARE QUOTATIONS
HỒNG KONG STOCK
Buyers Collar
EXCHANGE.
مواعظ
SHAREBROKERS'
ASSOCIATION.
Salon
Namiest
WEDNESDAY. JULY 19.
Baywa
."
Banks
$1,760 H. Banks
£132
Da. (London) ***
£15
Chartered Banks ---
2241
Mercantile Bk. “A
EDI
Do.
3101
Bank of East Asia... $101
N. O. & 8. Banka"...
$90
Am. O. Fin. Corp: 8.
$300
**
3200
$1.40
25.00
$5.40 Ch. Fin. Corp. Ord. 8.
Do. ProL B
Insurances
"Canton InsurAD GÖR ......
Underwriters ******
Union Insurances .....) #145.
China. Eires
"H.K. Fires...center
$41 International Arsch, S.
$9.40
3545
1595
$1.45
****
Ž
Terre
!!!!!
insحسن لا
1
HONG KONG DAILY PRESS, THURSDAY, JULY 20, 1933
MONEY AND MARKETS
U.S. INVESTMENTS HONG KONG STOCK
$1,760
***
Railroads
-
414
**
$310 32.40
$59 $269
531
$30
$10
62/
Shipping
$31.60 Douglanes
$18
Steamboats
$30
Indos (pret.)
1924
Do. (def.)"
64.43
Shells
110
Waterhasta
Mining
$27
Benguet.......ŠATORY
$30
25
Venezuela Gold Fids. $4.86
Kailan
32/6
$18 Langkata (single) B.
25/
34
Explorations.......
$16
24
$6.40
$6
$102
'
Shanghai Loans 2.
Raabs
Tronoh Mines ......
28 cts. Benguet Explorations
Docks, WharvOS,
Godowns, etc.
$9.80
19.
3129
H.K. & K. Wharros
$1261
A
IM
2385
Providents (old) ́ ́:..{
$3.50 $3.85
**
816
10
-İS--
$8.
36
+
$7,
4310
"B"
ang
87-90
T
+
Do. “(new) ... 31 40 H.K. & W. Docks
S. China Motors A
Do.
$150 Shanghai Docka S.
New Engineerings. Hongkowski. Lands, Hotels, and Buildings
H.K. Hotels ******** | H.K Landa........... Shanghai Land.8. Metropolitan Lands..
H.K. Realties...mem Chin Do.......
• Do. Debentures S.
$72
Hamphreys ****|* $50,40)|
Asia Resities "A" §.
Chiness Estates
Cotton Mila
$15,20 Evos
$109] Bhai Cottone................
8141 Zoong Sings
$01
Wing On Textiles(S.)
Public Utiliting
Tramways
++
$32 $14
$8.10
$15.
$137
$14
New Asia Hotel ...
$140
$20
Do,
"B" S.
$7
Li
Star Ferries....... $841
Yaumati Ferries |
China Lighta (old)...| $13 {
Do. (DOW)... $12.40
HK. Electrica ...... $734
$13.15
23.20 50
$23.20
3134
Posk Teamnă (old) ..........
#7]
D
(new)...
મને
$98
$951
$19.00
$13
$12.40
$731
...: 74/738
$23
Macao do
F104
Sandakan Lights ..!
1311
Telephones...
$11
China Buses......$.
21-
Tractions essievor
Do. (pref).
Industrials
Malabon Bugar...
(old)...
Canton Ives me Cements (comb.)...
Do.
Do. (new) Воро
Miscellaneous
Dairy Farms ................. $28)
Der A Wingarumu
Amusementara
Constructions, (old)
Lane Crawfords..... $9.15
Nanyang Tobacco...
៖ គឺ ៖
$150
$771
$14
$15.10
$169
***
$90
$18 $71
$23
$13
BY ASIA LANDS, LIMITED
July 8-Aided by the double stimulus of expanded railroad traf fic and earnings and constructive legislation, rail stocks have partici pated actively in the recent market decisively and have upswing,
the broken
resistanco through levels formed by the 1932 tops The major present uncertainty is the apparent necessity for addi- tional reorganizations of certain of the carriers, and conservative in.. vestment policy at this time dic tates the weeding out of equity holdings in such situations. At the same time, continued retention of the in commitments existing sounder shares is amply warrant. ed, and gradual accumulation, ià favourable markets, of recommend. ed issues is still advisable.
Roads holding strongest position by reason of earnings or financial condition, or both, the continued financial integrity of which in 1933 "is unquestioned:
Alabama Great Southern.
Atchison, Topeka' and Santa Fe. Atlantic Coast Line.
Bangor and Aroostock.
Central RR of N.J.
Chesapeake and Ohio.
Chic Burlington and Quincy. Cincinnati, N.O. and. T.P. Clinchfield"
Colorado and Southern.
Denver and Salt Lake..
Delaware and Hudson. Hudson and Manhattan... Kansas City Southern. Long Island.
Louisville and Nashville. Missouri-Kansas-Texas... Nash, Chatt, and St. L. N.Y., Ontario and West. Norfolk and Western.. Northern Pacific. Pennsylvania."
Pitts. and Lake Erie. Reading.
Texas and Pacific.
Union Pacific.
Virginian
Western Maryland." Wheeling and Lake Erie. Roads in intermediary positions and possessing possibilities for ulti- mate recuperation, but which are in a weakened situation because of im- minent maturities, large outstand ing loans and/or unsatisfactory earning power:
Group A (best possibilities): Alton.
Baltimore and Ohio.
Boston and Maine.
|$31.90 $31,20
Del., Lack. and Western.
Illinois Central.
N.Y. Central..
gun! URU
N.Y., N.H. and H.
Rutland.
Southern Pacific..
Group B (intermediate possibili-
Chicago Gt. Western.
JIK
ties):
$6
C.M. St. P. and Pac.
Erie C. St.
35:
Great Northera
Lehigh Valley.
Maine Central.
N.Y., Susque. and Weat.
Pere Marquette. Pitts. and West Va,
Southern Railway.
Group C (poorest possibilities):
Chic, Ind. and Louis.
$16
320
Caldbeck, Yord.) 8.
316
Macgregers pref.)8.
36
$6.20
#1
18
$21
$151
Ch. Etainments...........
$3.90
Leota
Do..
(new)
$4.90
$21
Mackintosh
$14
Binceres ******
12:10
Wi. Poweller
310
Bl. Greyhounds.......
$3)
B. C. Enterprison
And
H
United Theatres... 8.
70.
B. Int. G. Bonds... 80′%.
(Aasan|tad)
FLE, Gort: Lount,..) #104;
Wallace Harper ....
"Ann Arbor.
$180
#190
RK Wing On
S'hai
Do
H
$19
811
$4
86 cta
喜爱
$13.80
301
$1,50
Asia Lands Limited
Gloucester Building
Tel. 288801
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 Agenta
John H. Ferguson & Co.
32, B. C. Shameon.
Tel 18824
Chic, and N. Western.
P., Mium and Omaha.
D. and R.G. Western.
Detroit and Mackinac
Dal., So. Shore tod A. Gulf, Mobile and North, Minn., St. P. and 88M. "N.Y., Chic, and St. L.
St. L. and So. Western."
Western Pacific.'
Roads operated by Receivers
Trustees:
Central of Georgia.
Chic and E. III.
C.R.I. and P.
Florida East Coast
Int'l, Gt. Northern.-
Minneapolis and St. Louis. Missouri Pacific,
Mobile and Ohio.
New Orleans Gt. North. N.O., Tex. and Mexico. Norfolk Southern.
St: L-San Francisco. Seaboard Air Line.
Wabash.
Wisconsin Central:
Hailroad Equipment Equities.
MARKET
YESTERDAY'S OFFICIAL
» QUOTATIONS.
also
There was no indication of any material change this morning, it being a Wednesday short session,
The Utilities, however, as Insurances and Hkg. Landa hava continued to
maintain & Arm undertone, and not easily procur able at the official quotations.
Sales.
Union Insurances, $545, Providents (New), $145. Hong Kong Trams, $23.20/931. Yaumati Ferries. $25). China Lights (Old), $13. Electrics. $74/734. Telephones, 831). Dairy Farms, BiSH. Lape, Crawfords, $4.20.
Buyers.
Bank of East Asia, $101. Canton Insurances, $300. F.K. Fire Insurances, $200. Providents (New), $1.40. Hotels, $71.
Hong Kong Lands, $771. Hong Kong Trams, 3.15. Star Ferries, 804) Yaumati Ferrica. China Lights (Old), $12.8% China Lights (New), #18.40. Electrics, $734.
98.
Cements (Combined), 88.20. Dairy Farms, $20,
Watsons, #9.
PREFERENCE IN F.M.S.
Official Report Of First Year's Work
GRAVE FALL IN TRADE FIGURES
The report of the Commissioner of Trade and Customs for F.M.S.. the Hon. Mr. W. E. Pepys states that the year 1932 witnessed general shrinkage of the trade of practically the whole world, and of the the "value of the trade Federated Malay. States declined to 60 per cent. of that recorded for the previous year...
. The
majority of commodity prices have also fallen and current market quotations for many pro ducts are below the cost of produc- tion. Until better prices prevail for the tin, rubber another pro- ducts exported from these States, there can be no real improvement in local trading conditions.
The exports and re-exports dur- ing 1932 have fallen in value to 888 millione, about a fifth of the value of the exports recorded in 1928 are lower than in any year since 1909, while the valus of im-
Gort. Loaca, 4% Prem. (Assent ports has fallen to $71 millions the
ed)..
Sellers. Underwriters, $2.40.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS... REPORT
Messrs. Roza Bros. have for- warded us the following exchange market report for yesterday:
Silver prices rose 1/16 yesterday for both deliveries, the quotations being 181 for Ready and 18% for Forward. Silver advices reported speculatores as having bought. America also bought. The tone at the close was steady. In America the rate was higher at 40 13/10 for near delivery. The market was firm,
New York advices reported the opening rate at 4.824 and the clos- ing rate at 4.84).
Market. Uncertain at the opening but later eased off and towards the close reacted slightly. Sterling.
lowest since 1915.
Tin, Rubber and dopra.
The price of tin varied from #52.97 to $81.75 with an aver g of 888.73 per picul. The price of rubber raried from 5 cents to 10) cents with an average of 7 cents per pound. The price of copra- varied from 85.10 per picul to 87 per picul with an average price f $5.78 per picul. Rubber was in 1832 about 45" per cent of the In 1931 the figure Whole export. was 46 per cent. and in 1990 it was
64 per cent.
"Oil Palm Increase.
The production of oily impro. ducts show an increase, in volume. The exports of oil, were 620 ns, f of kernel 1 72 tone, agis 4,177 tons and 841 tons respectively last year. The London
which were £20 178. ed. and £11 hs. per ton at the close of the year 1931 rose to £21 78. 6d: and £13 12s. 6d. in February but fell in June to £15 and £10 78. 6d. There was an improvement later and at the close of the year the prices were £15 and £11 k
The export of tinned pineapples from the Klang factories increased The market opened with sellers from 4,843 tons to 8,151 tons, the at 1/5 9/18, buyers bidding 1/5 increase in both quantity and but business was soon done at 1/5 value, being nearly 70 per cent. 9/16 for near delivery followed by Other local manufacturing indus transactions at 1/5 17/38 for July tries shew little or no advance August and 1/5 for July/August, over 1931 Export of local rub- Later 1/6 7/16 was also arranged ber manufactures dropped from for, August delivery. The market
closed with sellers at 1/57/18 $244,000 in 18al to #169,000 in 1933. The export trade in dried and July/August and 3/5 15/38 Sep-salt Ash increased by 9 per cent. tember, buyers at 1/32 higher ren-in volume without an appreciable pectively.
change in value.
Gold Dollars.
The market opened with sellers at 35, buyers bidding 354 for near leading to business at 30 October, 38) October, 36 Beptember and 353 August. The market then eased off and business was done at 354 for cash and 359/16 and 35 for near. The market closed with sellers at "a5 July 35 9/16 August and 55 11/16 September, buyers at 1/2 or higher respectively.
The most attractive media for participation in the favourable long term prospect of, this industry in- clude:
Amer. Car and Foundry.
Amer. Locomotive.
Amer. Steel Foundries.
Amer, Brake Shoe.
Gen Amer. Trans.
Westinghouse Air Brake,
From Standard Trade and Securities"
Shanghai.
Early advice indicated sellera at 1/311/16 but later the market eased off to 1/37/16. Towards the close the market reacted, slightly and sellers came out again at 1/3) for near, bayern 1/58/16-July
Preferential duties were first in- troduced in the Federated Malay States in March, 1932 and were greatly augmented in October, 1932, owing to the Ottawa. Agree menta.
No extra staff was engaged to cope with the increased work in March, but the volume of work arising out of the Ottawa and other duties imposed, in October necessI – tated an increase of staff of sight Merchants were quoted at 1183 clerks and 23 outdoor cacera. Re- for near delivery,
Yen.
Shanghai Dollars,
Were quoted at 1113 July.
(Continued on previous column)
trenchment during the year includ- od-siz clarka - and 23 outdoor off- cers, so that the nett increase in spite of the many new duties was two, clerks.
PACIFIC ORIENTAL PACIFIC O
MONTHLY CARGO AND PASSENGER SERVICE
M.S. JUTLANDIA" Sailing on or about
FOR SAN FRANCISCO, ETC. 31st JULY
CARGO AND PASSENGERS ACCEPTED FOR SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETC. THEOUGH BILLS OF LADING 188UED TO OVERLAND POINTS.
Excellant Passenger Accommodation
Passenger fare Hongkong/Ban Francisco 68120 (1st class only) For Freight and Passage, etc. please Apply to:
The East Asiatic Co., Ltd. The Chinese American Shipping
Agente
JOHN MANNERS & CO.LTD.
Company...
Agent HONG SLING.
Offer MinGaNzIM BANK BUILDING (TOP YL001), 7, QUEEN'S ED., UKRTKAL, Tarazzoni 94071.
***
saif 1,591,000 milu every
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
Gia Panama Fortnightly asilings on Wednesdays. Pros. Grankens gån
„Aug. 2, 6 am. Pres. Coolidge......
Ang. 16 Pres. McKinley ........
Ťg. 30 Pres. Hoover Pren, Lincoln
To Seattle and
Victoria
13
Fortnightly sailings on Saturdays Frys. Jefferson July 21, Midnight Pre. Clovaland mới 17 Pros. Jackson ......a à ce mi-Aug. 15° ... Sept. 13
Prez, Jefferson Sept. 8 ***. Bapt. 27
Pros. Cleveland ....
***** Sept. 30 ROUND TRIP FARES" TO EUROPE & AMERICAF
Direct
i
Special through rates to Europe via United States.
Choice of rail lines across connections with all Atlantro lines. United States and Canada, liberal stop-orar privileges for Bighting. Full particulars upon application.
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Genoa, Marseilles, New York and Boston,
Pres. Pierce. Pres. Monroe Pres. Van Buren
MANILA
8.
July 23
Pres. Garfeld
g. 5
Pres. Polk
Aug 19
Pres: Adams
TO
July 25 Aug. 5
Aug.
B
Next Sailing
8
Sept. 2
Sept. 16
Sept. 30
Pres. Pierce July 22, 8 a.m.
Frea. Yan Baren
...Aug. 19 Prem. Jackson.Aug. 19. Pres. McKinley.Aug. 21.
Free. Grant.......... Pres. Monroe............................ Pres. Cleveland......... Prea, Coolidge.g. Pros. Garfield
Sept. 2
Connecting with 8.8. MATON To QEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
PEDDER BUILDING-HONGKONG.
•}
CANTON BEANCE, SHAKES ROAD.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel, 28380-Gloucester Building, Room 306.
{REUTER'S " AMERICAN" BESTICK)
New York: July 18. Dow Jones Averages:
30 Industrials
"20 Rails
20 Utilities
-40 Bonds
Low: July 17. July 18 341.22 106.27,
Uhange
108.67
..40 up 55.6353. up.
.05 down
High-1932
108.27
56.53
· 13.23. -- 53.10...........
37.06
19.43 37.66
88.84
05.78 88.84
37.51 89.07
,23 up
Asia Lande, "Limited, has received the following report from their New York e respondents, E. A Pierco & Co. We thinks substantial amoun of profit-taking is under way in the so-called "alcohol" stocks and believe that such profit-taking is entirely logical. We also believe that the whole market is somewhere near the top, at least for the time being, but the market is so broad it can have cross currents and contr ary movements in individual issues for some time to come. Wheat- There was a sharp resotion under heavy realising. Support developed later, with large trading on Canadian reports being sensationally bullish London news was encouraging. Secretary Wallace has announced his intention of affecting acreage curtailment in the coming season. Cotton: The market is narrow, though new highs have been established with purchases by foreign and domestic spinners of new speculative accounta The technical position is good with the strength of Sterling the absence of material rainfall influential factors. Silver: Profit-taking caused a decline following the opening. Later good commission house demand developed, carrying prices upward for the balance of the day. Foreign and Bank selling yas absorbed on the advance. Business Done: 6,590,000 shares.
408"
40%
408
American Smelting..
9.00 American Tél. & Tel. 5.00 American Tobacco B
Anaconda Copper Mining
$1012 $100
· 1932.
Drv. HIGE LOW PIL Sx.
LAST BALK July 17. July 18.
101
3.00 Air Reduction
181
424
8.00 Allied Chemical & Dyp
1297
131
4.00 American Can
94) 95
મ
404
421
131
132
1878.
44
92
11.00 American Waterworks
21t
a
21
1012
281
2.00. Auburp
80
201
41
Bendix Aviation
201
18
1.60 Borden Compsay
200
7:
Canadian Pacific
0.50 Caterpillar Co.
28
2.00 Chase National Bank
347 bid
bid
378
1.00 Chrysler Motora
301
3.40 Consolidated Gas of NY
JI Case
Curtiss Wright.....
3.00 Drugs, Indianantradi
2.00 Da Pont de Nemours .... 3.00 Eastman Kodak w
Electric Auto-Lite-Co.
6%. Electric Bond & Bbare
38
Electric Fower and Light
14
16.
0.40 General Electric
1.60 General Foods
1.00 General Motors
10 Bumita Bucky ve
20
33
20+
30%
201
96
371
.182
31)
1.20 Gold Dnst
0.00 International Hafroster
International Tel & Tel.
4404.00 Liggett & Myers “B]
10 Loew 3 120.
Montgomery Ward
2.80 National Biscuit
1.00 National City Bank
1.20 National Dairy Products...
0.00 Otis Elevator.
2.00 Pacific Gas & Electric ...
Packard Motörs
0.50 Pennsylvania Railway?
Radio Corpp...... Bears-Roebuck an
1.00 Standard Brands
Standard: Gad 2 1.00 Standard Oil Co. Bad Jersey
Nocony-Vac Tits
1.00 Texas Corporation Meghan Trans America.....
1.00 Union Carbide & A 6.00 Union Pacific find
United Air and Transp 0.40 United Corporation: -United Stater Steel:
Waitinghound E. íče H
bid
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