!
DAILY SHARE QUOTATIONS
inanm
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS'
ASSOCIATION.
TUESDAY.
Base
Ballara
JULY 25.
Majoamis
c. div. $1,830
LDZ
It
er div. 2139
£18
2241
Bazka
H.K. Banks
Do. (London)
Chartered Banka
Mercantile Bks. “A”
→ Do.
Bank of East Asia... $101
N. OS. Banka
Am. O. Fin. Corp!
16.40 Ch Fis. Corp. Ord.
35.00
Do.. Prot. S
Insurance
$101
$20
$33
$2.10
$500.
BHUMI:
*****
HONG KONG DAILY PRESS, WEDNESDAY, JULY 26, 1933
MONEY AND MARKETS
$1,620
HANDLEY PAGE LTD.
THE EXCHANGE MARKET
HONG KONG STOCK
MARKET
时
$7
SUCCESS OF SLOTTED
WING
YESTERDAY'S OFFICIAL
QUOTATIONS
+1
$320
Canton InsurATICAS.......
$310
Underwriters
32
Union InsuraŽides ...
500
$500
China Fires
3265
H.K. Fires
$590 3263
36.40 International Assce, 9.
Shipping
$32.60 Douglasem
BIN
Steamboats
330
Indos (pref.)
$32)
Do! (def.)
"81.3
THE
$15
Shella...KAD
Waterboats
Mining
534 $18 $30 $30 541- $16
Benguet......44
$5
Venezuela Gold Fide
1331
$4.85
32/6
Kailans
$18
Langkots (single) 9.
$4.
Explorations... 3.
86.10
Shanghai Loans
$10.15
++
Ranbe...
Tronoh Mines.***
28 cta Benguet Explorations
Docks, WharvER,
Godowas ota.
$129) H.K. & E. Wharves. 1186)
13.26
Providents (old)
Do. (new)...
H.K. W. Docks
S. China Motors ́A'.
|
*********
******
95).
18)
.54
$6
| $9.80
12/.
140
3.90
#140
:17
$8
$6
$147
$1.40
$15
$10
Do.
"B"
$147
Shanghai Docks S.
073
New Engineeringat.
$330
Hongkww ....................A.
Lands, Hotals, and
Bulidings
$7.20 $771
37.80
H.K. Hotela
H.K Landa...)
$7.20/20
́Y+77{-
$32 814
$8.10
H.E. Healties..........................
$7.90
• $142
China Do....................ß.
$137
Do. Debentures3.
$14
Humphreys
serer
New Asia Hotel ...
1514
$140
Asia Realtice “A”B.
.120
$15.201
$109
12.4
$32.6
$15
管
$25
113
Shanghai Lands...8.
Metropolitan Lands..
Do "B" 8.
Chinese Estates ......
Cotton Milla
Ewos
.P.
$14.90
(new)..
፣፣ ም
!!!
$98
JUD
**
S'hai Cotton......S
814) Zoong Sinks S.
Wing On Textiles(8.)
Public Utiliting
Tramwayı
Posk Trams (old)...
Da
Star Ferries
Yaumati Ferries
China Lights (old)........] $13
Do. (new)...[ $12.40
"H.K. Electrica $73-
Macao do.
Bandakan Lights...
China Buses..... Tractions
13,13.90
$12.45
$23
110
$3,10
$11
Telephones.
Industrials
+30
314
*100
·590
8:3.10
$18
371
19.45/50
C. $281
***
(Special ®Air-Mall Service)
London, July 4-The meeting of Handley Page Ltd. was held yes terday at Winchester House, Old Broad-street, E.Q.;
Mr. S. R. Worley, F.C.A. (the chairman), who presided, said that the company's manufacturing operations during the year had been restricted, and it was not un- til the autumn that one of the company's new types was selected for service use in the RAF. to replace one of their older types. That contract was now proceeding satisfactorily.
"MESSRS. "ROZA BROS.. REPORT
SPECIAL EXCURSION
CHANCES TO VISIT
MANILA
£12
FIRST CLASS
RATE-HONGKONG TO MANILA adjustment of the July accounts, AND RETURN. STEAMER-YOUR HOTELS DURING
To-day being set aside for the ALL-INCLUSIVE RATE-HONG very little was done in the way of 3 DAYS STAY IN MANILA.
Messrs. Roza Bros. have for- warded us the following exchange market. report for yesterday :-
"Silver prices rose 3/9, yesterday
fresh business. Questions, bow for both deliveries, the quotations being 18.5/18 for Readly and 18,7/16 ever, were not materially altered, for Forward Silver advices re-the market on the whole remaining
steady. ported America and China as hav ing bought. India and speculators sold. Buyers were satisfied. The tone at the close was uncertain with America being inclined to sell. In America the rate rose 1.3/1 point to 39 for Spot. The market was strong.
New York advices reported the opening rate at 4.88) and the closing rate at 4.06). The highest rate was 1.89 and the lowest 4.63). The market was erratic,
Market.
With the exception of the Bang- During the past year they had been practically engaged in the kok rate which was put down to development of the slotted wing131, other rates were put up. - invention and its application : to their new types of aircraft. The use of the slotted wing continued to expand all over the world, and he was not putting it too high to claim that it had proved itself one of the greatest safety devices ever invented.
Last year he had referred to the question of disarmament, remark- ing that he did not see how it could be possible for this country to reduce its Air Force, consider ing its strength relative to other countries.
No real progress had been made with the problem, but the uncertainty had delayed the placing of orders. Taking into a count the position of the company, the directors proposed to pay a dividend of 10 per cent, to the. Preference shareholders.
Mr. F. Handley Page, C.B.E. (managing director), in seconding the motion, said that the com- pany's forty-senters on Imperial Airways routes had fully justified all hopes. It seemed without ques- tion that future design develop mienta in aviation must proceed along the lines of wings with van- able lift,
A great deal of nonsense had been talked with regard to" "Dan- ger from the air." "It was essen- tial they should not let panic, fears caused by wild statements result in panic measures which would seriously affect the safety and prosperity of the British Empire in time of emergency. In a great war a trained force with military objectives would not waste, its energics on attacking civilian populations.
The
was unanimously report
Do.
(pref.)
adopted.
$16
Malabon Sogari
$15
320
Caldbeck, Word) 8.
$1.8
Macgregors (pref.)8.
36
Canton Ives ser
$8
$8.10
$10/15
Cements (comb.)...
$810
COMMERCIAL PACT SOUGHT
15
Do
(old)...
$5.00
$1.05
Da
}) .. (BOW)...
''
Hope
19
Miscellaneous
Dairy Farron
Lane Crawford.....$4.05
Mackintoshsarevolut
AL.
Steady at the opening but later eased off following Shanghai.
Sterling.
The market opened with sellers at 1/5.5/18, buyera bidding 1/5.3/s leading to business at 1/5.5/10 for October, delivery followed by trans- actions at 1/5 for near, 1/5.3/16. August and 1/5.1/8 July. The market closed at lunch time with sellers at 1/5.3/32 July, 1/5.1/8 August and 1/5.5/32 September, buyers at 1/32 higher respectively.
Gold Dollars,
Business was done during the course of the morning at: 33.7/8 for: November delivery followed by transactions at 33.7/18 for cash. The market closed at lunch time with sellers grobably at 331 July, 33.5/16 August, buyers at 1/16 higher respectively.
Yen.
Merchants were quoted at 114-for near delivery,
Shanghai. Shanghai dollars were quoted at 111.3/4 for pear delivery.
Early advices reported sellers at 1/33/8. The market then steadied up and sellers were indicated at reacted and towards. 1 p.m. sellers 1/3.7/18. At this point the market
probably at 1/3.5/16 for near de were indicated at 1/31, buyers
livery.
Sales..
Underwriters, $2. Raubs, 810.15. - Hotels; $7.20.
Hongkong frams, 893.10. Star Ferries, 806. ···
"
China Lights (old), $13/13.20, China Lights (pew), $12.45. Cements (Combined), 4.10/6.18. "Dairy Farms, $284.
Constructions (new) 80/85 cerits.
Buyers.
Bank of East Asia, #101.. Benguet Consolidated, $33. Providents (old), $3.70. Providents (new), $1.40. Hotels, $7.20.
Hongkong Lands, 8777. Hongkong Trams, 322.60, China Lights (old), #13.10. Electrics, $73 Telephones, $30.10.- Singapore Tractions, 2/-. Cements (Combined), $8.10. Cements (old), $5." Dairy Farms, $28,30. Constructions (new), 65 cents." Govt Loans, 41% přem. (Aastd.).
Union Insurances, $550. Underwriter, #2.10. Providenta (old), › $3,80, Ewo Cottona, Sh. 15:20. Hongkong Trams, $23.10.
GENERAL ELECTRIC'S
PROGRESS
CHAIRMAN'S OPTIMISM AT ANNUAL MÉETING
(Special Air-Mail. Service)
Loudon, July 4.-Sir Hugo Hirst drew a fascinating picture at the General Electric meeting yesterday of the immense possibilities opened? up by the discovery of the valve, the fruits of which mankind is only tance messages may soon be trans- just beginning to enjoy. Long-dis mitted and received with appara- tu little larger than a motor head- light; the photo-electric cell is now applied to the precise and automa tic control of difficult factory „ope- rations and illuminating systems; music may be produced without the medium of musical instruments, The market was easier in the and new tones and harmonies creat afternoon.
IN THE AFTERNOON,
Karket.
Sterling,
ed In these developments the G.E.. Cis playing an infportant partes
As regards the heavy section of the business, the present period is transitional, and the effect of pub- lic economy, Sir Hugo foreshadow- fed, is likely to hit the company even more severely in the current. year than last year. The comple Lion of the grid scheme has not merely thrown much plant out of employment; it has also virtually killed the demand for small and Business was reported at 33.1/16 | medium sized; turbo generators. The Japanese Ambassador in Moscow, for near delivery. At the close experience gained in grid construc the Assistant Commissar M. Sokol there were sellers at 33 for near, tion, however, should eventually at 113.80 nikov, has proposed to the Ambas 33.1/10 August and 33.3/10 Septract orders, for similar equipment sador, the conclusion of a commertember, buyers probably at 1/16 from abroad. It is clear from the 8.00cial treaty between Soviet Russia higher respectively.
In Sterling business was done at 1/5.1/16 for near followed by SOVIET MAKES PROPOSAL TO transactions at 1/5, 1/415/16 for
TOKYO:
July/August, finishing with sellers at 1/4.29/32 July, 1/4-15/16 August and probably 1/4.31/32 September, buyers at 1/32 higher respectively.
$28.30
$281
#1
Der A Wingsreisen
· 1191
Amusementa
-312
Ch. Etainment.......
"$11
$3,90
Constructions, (old)|
$3.75
80/80
" Do.
(new)
86 ct*
#
#21
TH
Nanyang Tobacco..
$4.38
Sinceres
39.
Watsons
49.10
$2.19
Wm. Powell....................
$10
M. Greyhounda ......
131
8. Enterprises.
United Thestres ...8.
151
BI G. Bonds...
Hen led)
38
$185
HF, Gort, Lang... Wallace Harper H.K Wing On S'hai... Do
Tokyo, July.18. According to an official despatch received at the Japanese Foreign Office to-day from Mr. K. Ohta,
Gold Dollars.
PRESIDENT CLEVELAND
Leave Hongkong
6 P.M.
Aug. 5th
Arrive Manila
8 A.M." 3 P.M.
"
7th
9th
19
11th
Leave Manila'
Arrive Hongkong 8 A.M.
PRESIDENT COOLIDGE
Leave Hongkong Arrive Manila Leave Manila Arrive Hongkong
DOLLAR
16 P.M.
Ang. 8th
8.A.M.
量
10th
3.P.M.
12th
14th
8 A.M.
Ask For Particulare
STEAMSHIP
AMERICAN
LINES
MAIL LINE
FEDDER BUILDING HONGKONG.
CANTON BRANCH
NEW YORK STOCK EXCHANGE
ASIA L'ANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28380-Gloucester Building, Room 306.-
"[REETER'S ̧AMERICAN BEÝÝICK)
New York: July 24.
Dow Jones Averages: High-1932 Low July 22 July 24. Change.
130% Industrials
20 Raila
90 Utilities
་་
108.97
36.53
37.56
89.64
47.28% 88.42**:94.28 5.88 up 13.935-44.39 47.373.00 up.
·16.63 -- 29.58.100 3213. 2.05 up 63.78" 87.48 *'87,68 J-up
40 Bonds- Asie Lands, Limited, has received the following report from their New York correspondents, E. A. Pierco & Co. Many people are naturally awaiting the appearance of a secondary reaction, the theory being evidently that when this occurs. an excellent buying opportunity, willi develop. We think it possible that such reaction may be postponed"; or at least will not develop until Industrials and rails make large recoveries. Wheat There is considerable liquidation of distressed wheat. Buyers are largely shorts and bolders of weely bids. The cash market is firm. The Winnipeg market is very firm, with a large export businear.. Statistics are bearish,” “Cotton: The sentiment has decidedly. improved and, the tone of the other markets helped: Femand from speculative trade; soderes found the supply of contracts inadequate, : Rainfall was quite widespread over the weekend. Silver: a feature was the persistant & buying, both at the opening and cloning, by a leagh ing Trade house Commission houses and foreign speculators were good buyers late in the session, when foreign selling appeared, Business Dane: 3420,000 sfinters. 15
HION 1011
406
40%
137
93
405
Low
30%
300 Air Reduction 6.00 Allfnd. Chemicid 4.00 American Carr
American Soeltir 9.00 American Tel 3.00 American Tobacco 1.00 American Waterworks
Anaconda, Copper Mining 2.00. Auburn
Bendix
-alt
1.60 Border
Canadian
and-Japan
I understood that the Japanese Government is prepared to enter Sellers were indicated at 1/3.3/16, may be, into negotiations with the U.S.S.R.buyers at 1/3.1/4 July
Shanghai,
chairman's account of successful progress in varied directions, that," whatever the immediate prospects the further outlook is bright.
201
99
for the conclusion of a commercial
$100
treaty if it is formally proposed by
155
Soviet Russia, but it is emphasised"
114
fos
201
3
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 Dally Press
Canton Agente
John H. Ferguson & Co.
32, B. C. Shameen.
Tol. 18624
that the commercial treaty must hidone-third of the Bassian exports trade between the two countries, into: Japan, it is pointed out that not hinder itas
this situation must rectified so as In view of the fact that Japanese to balance trade between the two imports into Russia amount only to countries
PACIFIC ORIENTAL
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,
100 VANCOUVER, SEATTLE, LOS ANGELES, ETU. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger accommodation"
Passenger fare Hongkong/San Francisco 68120 (1st class only
For Freight and Passage, etc, please Apply to 1.3
The East Asiatle Co.,
Co., Ltd. The Chinese-American Shipping
Agents
JOHN MANNERS & CO, LTD.
Company Agent*** HONG SLING
Office MERCANTILE BANK BUILDING (TOP FLOOR), 7, Quinn's ED, Un
“TELERBOWE: 240734
EXCHANGE
*CLOSING QUOTATIONS
**25, 1932 ON LONDON:-
Telegraphic Transfer... Bank Bills, on demand 15 Bank Bills, 4 months'
sight.
Credits, 4 months':
ON NI YOEK
1:52
Bank Billa, on demand os nom Credits, 60 days' sight. nom
O PARIS VIRAT TAGAME -Bank Bills, on demand (65- Credits, 4 months' sight €45 ON INDIA:-
Telegraphie Transfer... Bank, on demand ON SHANGHAI :---`
On Demand
ON Kosk
On demand
OW MANILA
On-demand
OK SINGAPORE
On demand.
ON BATAVIA
On demand, ON SALOON
ON BANGKOK A
- On demands
BOY LIGNE, Bank Buyin
Rate
204
96
0.50 Caterpillar Co.. 12,00 1Chase. Nätion;
1.00 Chrysler o
3.40 Coriolidated Gag
Ourbin Wright.
12,00 Druzi, Ine
2.00 Phi Pont de Nemours
3,00 · Fästman. Kodak
Electric Auto-Lite Co. 76% & Electric Bond
27 Electric Power de
0.40 General Electric 199
́1.80. "General Foods, 781.00 General Motors 101 102 Gillette Salety
1:20 Gold Dust 0.00 Internationa
Internationa
74.00 Liggett &
1.00 Loews Io.
Montgomery Ward
2,80 National Bisenit
h
Bh
.00 National City Bank 1:20 National Dairy Pro
09.60: Otis Elevator
2.00 Pacific Gaï & Electrio
Packard Motors
0.50 Pennsylvania Railway
Radio Corpo
Bears Roebuck ... 1.00 Standard Brands
Standard Gus fe Standard C
United Westinghou
13:22%