DAILY SHARE QUOTATIONS
HONG KONG STOCK ·
EXCHANGE.
Buy Seller
SHAREBROKERS' ASSOCIATION.
Males Nom SATURDAY.
JULY 29,
Banks
H.K. Banks
$1,830
**
213) £34
||$1,940) 1,835/40
ex'div. £130
218
Do. (London)..... Chartered Banks....
224
Mercantile Eks. "A"
Do.
"C"
$101
Bank of East Asia...
3101
N. Q. & S. Barks
$20
Am. O. Fin, Corp: 8.
Do" Prof. 9
Canton Insurances...
$310
$2
Union Insurances .....!
$548
$310 $1.40
530
3
MARR
$5.40 Ch Fin. Corp. Ord..
30T0
3590
Insurances
Underwriters
China Firos. .......
H.K. Fires
International Assce. S.
$32,60 Douglases
36.66
Shipping.
Do. (def.)
fallir
1140
1690 $263.
$34
$18.
11
$30.
$30
.59/-
$15
HONG KONG DAILY PRESS, MONDAY, JULY 31, 1933.
MONEY AND MARKETS
HONG KONG STOCK
MARKET
SATURDAY'S OFFICIAL
QUOTATIONS
A dull and festureless Session, hesitant with the market' işa mood. For certain selected issues, however, such as rams, Tele- phones and Dairy Farms, there were ready buyers on any moder- ate concession.
Bales.
Hong Kong Banks, 81,535/1,840. "Benguet Consolidated, $35.
Star Ferries, $96.
Cements (Combined)," $6.10."
Govt, Loans, 41% Prem,
Впуста.
Bank of East Asia, #101. Canton Insurances, $310, Union Insurances, $530, Underwriters, $1.90. Indo-Chinaa (Def.), 832). Benguet Consolidated, 834. Hotels, $7.20.
318
Steamboats
$30
Indos (pref.)
31 3
"Sholla.
315
Waterboats
Mining
34
535
Benguets.....
$35
35
Venezuels Gold Fide $4.85
30/-
Kailans
25).
$18
Langkats (singie) S.
$18
Explorations...
$4
84.40
Shanghai Loans -2.
$9.80
19/.
Hong Kong Lands, $78.
Hong Kong Trams, $22.50.
Star Ferries, 895.
$199
$129
13.20
$1.40
Do."
(new)
5140
$16
1.K. & W. Docks
317
$10
S. Chins Motors' A'
18
Do.
**B*
$5
ax div. $142
Shatighai Docks S.
New Engineerings 8.
$148 $72
#337
Hongkowa
“
Lands, Hotels, and
་་་
$10.15 Raubs
Tronoh Mines
...29 cts. Benguet Explorations
Docks, WharveN,
Godowns, ate.
HK & K. Wharros.
Providents (old) ... 13)
$7.2) 378
$39
Buildinge
H.K. Hotelan se, HK Landa.....5. Shanghai Lands...8. Metropolitan Lands. HK. Beatties......
FTER
1.
$7.30
$78
18
$14.
* 108
8141 390)
China Lights (Old), $12.35, Electrics, $74.
Telephones, #291.
Dairy Farms, $28.70."
Constructions (New), 80 cents. Govt. Loans, 4% Premi
Sellars.
Hong Kong Banks, $1,645. Ewo Cottons, Sh.$15. Cements (Combined), 16.15. Sinceres, $13.00.
RAW SILK PRICES
CANTON QUOTATIONS JULY 97
SHILLING SHIRT LONDON EXCHANGE
FROM JAPAN
British Government and Dumping
MENACE OF THE TWO. PENNY SOCK
Shilling shirts and twopenny socks made in Japan are being used na typical examples of the subsidised Japanese competition with which British manufacturers are having to contend.
Japance operatives work for ad. a day and less. With rates like these it is impossible for British manufacturers to compete, but the Government contends that mutual understanding and agreement would be better than the use of "compulsory methods" which hare been urged.
Voluntary Agreement.
The Japanese answer to the Brit- ish proposal for a conference for the mutual allocation of world mar- kets is being considered by the Government. Major Colville, Secre tary to the Department of Over- sena Track, stated in the House of Commons that the Government wished in agreement to be arrived at.by voluntary mean, but they made it plain, he added, that they did not intend to cease to take an interest in it, and when the con- ference meets they intended to watch it closely and give all the help they could to a solution of the problem.
Mr. Hammersley (Conservativė M.P. for Stockport) declared that this was not ordinary business com- petition These goods were being dumped into already-saturated mar¬ kets.
Producing a striped shirt, he said that Japan, was able to sell it in the British market at 1s, including the duty. It would cost 1s. 6d. to produce here if our workpeople H.K.S
received no wages at all and if the 700 N. manufacturer's overhead costs con- 656 N.sisted only of rates, etc.
(Issued by the "Kwangtung Raw Silk Testing Burean, Department of Reconstruction, Canton.)'
Extra O.S.
Small Extra 0.8..
NEW YORK QUOTATIONS
JULY 27
U.S.$1.06 U.8.21.80
$14
$8.10
$15
Chian Do..................
$137
314
Do. Debenta ea3. Hainphreys
*****
New Asis Hotel
$140
321
Asin Realties “A”S.
Do."
B.
Chinese Extaten.......
Cotton Mills
316
Ewos
9108
S'hai Cotton........
8141
Zoong Sings
Wing On Textiles(S.)
Public Utilitieg
322,90
Tramways..
323
Best No.1 0.8.
$14
Peak Traina (old).....
$15
Crack N.S.
ཏ་
Do. (new)...
$74
Extra Extra
$95
Star Ferrion) 195)
$261
Taumati Ferries...
$20)
Waste N.S. Open
13/15 13/15 13/15 14/10
680 P. 20/22" 475 N.
·· 95 N.
713
China Lights (old).....{ $13
Do. (new)... $12.40
374
HK. Electrica .......
$74
$23
Macko do.
$10
Bandakan Lágists ...
$297
BILL
Telephones................... China Buses..... 8.
$29.80
293/26.90
Tractions ERINN
Asked Bid.
15%
Do. (pref).....
Industrials
$15
Malabon Sugars....
$20
Caidbeck, Yord.) 8.j
***
$16
Macgregore (pref.)8.
56
Canton Ices
*
$5.16
30.10
20
Cements (comb.)...
Do.
#6 10
(old)...
$1.05
#1
19
281
J
$28 76
Dairy Farrasan Der & Wings...................
$29.60)
$12/
Amusementa...........
$12
SLI
Ch: Etainment.......
$11
$3.80
Constructions, (old)]
5a1
Do, (new) 20 cts.
.80 ota
$1
Lane Crawford.....] $4
$21
Hackintoshs ..ginosse
-IT
Nanyang Tobacco,..
$13.60
Binceres ...
$9
Watsons
$8.80
32.10
$10
M. Greyhounds
Wm. Powells pas
$4.15 $13.80
$1.50
331
N. C. Enterprises
United Theatres...8.
41
79,
B. Ind. G. Bonda".
Bota
prem.44%
Do, (UST)... Ropes
Miscellaneous
39
3186
H.K. Govt. Loans...
Wallace Harper ****** H.K Wing On S'ba} Do
#1041
315
35.05
Asia Lands Limited
Gloucester Building Tel. 283801 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
$195
8160
YOKOHAMA QUOTATIONS
JULY 26
Spot
Yen920 Bourse & Mos............ Yen850 Although sources of information are considered reliable, the Bureau 134ines no responsibility for the accuracy of prices given.
BRITISH TRADE WITH FINLAND
LONDON, July 29, COMMERCIAL negotiations be
tween Britain and Finland are proceeding.
Colonel D. J. Colville, for the Board of Trade, stated in Parlis ment yesterday evening that, apart. from a few minor points of detail, a general agreement had been
reached."
The drafting of the treaty is now proceeding and Col. Colville hopes to arrange for its signature by the end of August.-British Wireless.
Samples of Japanese underwear were produced by Major ProCTOS (Conservative member for Accring ton), and socks that could be sold at 2d. per pair. We could not pre- serve the standard of life in Lan- cashire if the Government permitt- ed these goods to enter the coun try.
Anglo-Japanese Treaty.
Demands that the Government should abrogate the Anglo-Japanese Treaty are contained in morandum sent by the executive of the Joint Committee of Cotton
# me-
Trade Organisations to the Presi- dent of the Board of Trade. It suggests an embargs on Japanese cotton goods prior to any confer ence with Japan.
"Should the Japanese delay in sending representatives to the pro- posed conversations, it says, the British Government should proceed with formal notice to abrogate the treaties. Otherwise the date at which, they will be free to afford adequate protection to the British cotton export trade will be deferred- beyond the margin of prüdence.
"The Government is particularly urged to bear in mind that the British trade itself has no lever of any kind which it can employ to induce the Japanese to place its limits on their own field of activity. It is essential that the conversations should open on the basis of a clear declaration by the Goverment that this is in fact, the situation. Other wise it is highly unlikely that the Japanese will yield any ground whatever."
PACIFIC ORIENTAL MONTHLY CARGO AND PASSENGER SERVICE M.S. "JUTLANDIA" Sailing on or about FOR SAN FRANCISCO, ETC. 31st JULY
"CABOO AND PASSENGERS ACCEPTED FOE SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETU. THROUGH BILLS OF LADING ISSUED TO
· OVERLAND POINTS.
Excellent Passenger Accommodation
The East Asiatic Co., Ltd.
13
PRESIDENT Liners3
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
vir Panama Fortnightly sailings on Wednesdays. Pres. Coolidgs.......................Aug. 16, 8 a.m. Fres. McKinley
Ang. 30 Frek Hoover................ Bept 13 Pres. Lincoln, Sept. 27
To Seattle and"
Victoria
Fortnightly sailings on Saturdays. fres. Claveland. .....Aug. 11, Midnight Pres. Jackson ..............Aug. 25. Pres. Jefferson............Sept. 8 Pres. Cleveland
****... Sept. 30 .. Oct. 14
Pres. Coolidge ............ Oct. 11 · ̈ ̈ Pres, Jackson sia -
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through ratos to Europe via United States. "connections with all Atlantia lines. Choice of rail linės across United States and Canada, liberal stop-over privileges for Sight-seeing Fall particulara apon application.
| Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Buez Canal, Alexandria, Naples, Gauoa, Marseilles, New York and Boston.
RATES
(URITIBA WIRELESS SERVICE. J
Paris New York
Rugay, July 29..
85 11/32
"4545.
Montreal
4.83
Brussels
23.95
Geneva
17.28
Amsterdam
8.27
Milan
631
Berlin
Stockholm Copenhagen Oslo Vienna Prague.... Helsingfors Madrid Lisbon Athens
13.98 19.374
92,40
107
30 nort
112
326)
40
310
587)
Bucharest Belgrade
243
41 official
42 offois!
20, 19
8
St nom.
1/8 5/63
1/33/16
Pras, Monroe copper and Pres. Van Buren
...Aug. 5 Aug. 19
Free. Folk Pres. Adams
1/8t
· 1/27 ·
18
TO
18 7/16
Next Sailing.
98 13/16
Pres. Cleveland.
Aug. 5"
Pres McKinleg.
Aug. 32
Pres. Coolidge
Aug. 8
Pres. Barfield
Pres. Van Buren
Aug. 19
Pive. Jefferson
Pres. Jackson
Aug. 19
Soph ********....Dept. Sept
Rio
Buenos Aires Montevideo m
Bombay Shanghai Hong Kong Yokohama Silver (Spot) Silver (Forward) War Loan 34
(IN
EXCHANGE
CLOSING QUOTATIONS
July 29, 1933
LA
LONDON:- Telegraphic Transfer... ì Bank Bills, on demand 14. Bank Bills, 4 months'
aight....
Credits,
sight
ON NEW YORK:—
ON
months'
14.
157
Bank Bills, on demand si nem Credits, 60 days' sight.. nomi PARIS
Bank Bills, on demand a 71 Credits, 4 months' sight (37) ON INDIA:-..
Telegraphic Transter... Ja ON SHANGHAI
Bank, on demand **On Demand ON KOBS:-.
On demand OF MANILA:-
On demand ON SINGAPORE
On demand ON BATAVIA
'On demand On SAIGON :—
On demand ON BANGKOK:-
On demand SOVEREIGNS, Bank Buying
Bate BAR SILVER. For of
82 นคร
577
8 a.m
...Sept. 16
...Hept. $
„Oct. 14
Pres. Garfeld.....ept. Pres. Harrison
MANILA
....Pres. Monroe Ang. 5, 8 a.m.
Pres. Hoover our
Connecting with S.S. MAYON T6 CEBU, ILOILO, ZAMBOANGA,
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FEDDER BUILDING-HONGKONG.
CANTON BRANCH, SHAKER BOAD.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS "(INCORPORATED. IN HONG KONG.)
Tel. 28880-Gloucester Building, Room 306.
{"BRUTEN'S "AMERICAN SERVICE.
New York: July 28. --
133
108.27
Dow Jones Averages: High--1932 Low: July 27. July 28.
30 Industrials
Change
41.29.04.03
94.54
1.49 downcat
20 Rails
56.53
13.83 48.31
47.81
.30 down
20 Utilities
37.56
* 16.53, 39,21
40 - Bonds
88,94
.66 down 65.78 88.2 88.23.01 down
31.56
U.S. DOLLAR RISES
LONDON, July 29, AFTER nervous, opening the London Exchange Market to day settled down to the norinał Saturday's business.
were narrow.
· Asia Lands, Limited, has received the following report trom their New York correspondents, E. A. Fierce & Co. Wheat: Further liquidation induced curtailed trading. Until further notice a price restriction of five cents will be imposed, up or down, from the previous close. Cotton: Easier, earlier in the day, on scattered long liquidation," "The Trade bought and demand became stronger; then new investment. buying rallied the market sharply near the close. Bilver: The action of the other markets had a depressing influence. Commission houses sold and the Trade bought but not sufficiently to off-set offerings. Business Done: 1,390,000 shares.
The United States dollse moved erratically, but the fluctuations Opening at 4.52 it soon dropped to 4.47 and closed at
$4.50).
1379 Gold currencies moved slightly in favour of sterling-Reuter."
+3
Canadian Pacific
LAST SALE July 27. July 28.
1032
HIOP
Drv. $ Low PER SE
1011
30%
3.00 Air Beductioning
131
424
8.00 Allied Chemical & Dys
. 117 117
3b
2.00 American Can
87
85
40살
American Smelting.........
35
701
9.00 American Tel. & Tel.................
1238
03
44
40급
211
5.00 American Tobacco “B”. 100 American Waterworks .......
Anaconda Copper Mining
1071
2.00 Auburn
38
IMPERIAL CHEMICALS
.49
Bendir Aviation
16
1.60 Border Company
331
32
20%
162
15
NEW DEVELOPMENTS AND INVESTMENT VALUE
734
289
0.30 Caterpillar Co.
214
21
170
20 Chase National Bank
294 bid 29 bid
1.00 Chrysler Motors
3.40 Consolidated Gas of
53
Curtis Wright
3
3.00 Drugs, Inc.
40
3.00 Eastman Kodak
...
77)
10.
68. Electrin Bond & Sharo
48
10
30
- Electric Power" and Light 0:40 General Electric Jana. 1.60 General Foods
10
33
1.00 General Motors gi
31%
of
241
204
London, July 4.-Though there 684 18. a tairly big turnover daily in Imperial Chemical shares, the price
61 rarely moves beyond the "turn 831 in either direction. The market in 877 the shares is, of course, very free, and the floating supply is generally sufficient to cope with normal de- mand. It would not be surprising, however, if "Ikeys" gained in int vestment popularity before long. Reports regarding the state order books are quite encouraging, considering the state of world trade as a whole, and there are always investors who are prepared to take a long view and buy on prospects. Tinder, more normal trading conditions the chemical combine should do well.
Meanwhile the management is energetic in its search for new fields of enterprise. The latest de velopment is connected with the treatment of steel. A new de greasing process has been evolved whereby the metal is rendered rustproof. There is a big outlet for this rustproof steel in such mass-production trades as motor car manufacturing, wringer making, Shippingtelis employed in positions and all other productions where
Passenger fare Hongkong/San Francisco G8120 (1st class only) For Freight and Esasage, etc. plenas Apply to:
The Chinese American
Company
Agent HONG' BLING
Agente INMANNERS & CO.LTD.
Oficer
(TOP FLOOR),
which leave the metal open to seri ous corrosion I am told that this new development of the LC.I. Company is likely to prove highly profitable, sa the process is cheap and simple;
22 2.00 Du Pont de Nemours
Electric Auto-Lite Co
1. Gillette Safety an 1.20 Gola Dante ciboulmaka 0.60 International Harvester
- International Tel, & Tel. 4.00 Liggett & Myers "B" 1:00 Loew's Ind
Montgomery Ward
2,80 Natimal Biscuit: #1.. 1.00 National City Bank
25
24
23
1.20 National Dairy Produc 0.60 Otis Elevator
227 bid
27
2.00 Pacific Gas & Electric
-Packard Motors
+17
0.50 Pennsylvania Railway
味
381 312
341
· 1981
67
Radio Corpo,
Sears Roebuck
-1.00 Standard Brands"
Standard Ch
Standard ON
Bocony V
1.00 Takal Corporation Trani-America
1.00 Union Carbide
6.00 Union Pacifo
United Air and 0.40 United Corporation: United States Steel: Westinghouse-E
43