DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE.
SHAREBROKERS' "ASSOCIATION.
Boy Gallerg Balss [Nominal
- SATURDAY,
AUGUST 12.
Da. (London) ...
Chartered Banks ....
Bayes Hollars
**TUDIINT
$1,795
***
பர்
H
£24 EQ $101
$7
Banks
$1,8081
£139
F.K. Banks
21
8241
Mercantile Bks. "A"
291
$101
120
Do.
Bank of East Asianu
N. O. & R. Banks
Am. O, Fis. Corp: &;
16.40 Ch Fis. Corp. Ord..
$600
Do. Pret 8
Insurancas
$315 Canton Insurances...
Union InsuranNOSS ...
China Fires.........
3975H.K. Fires pismen
16 International Assoe. 9.
Shipping
$1,90 $650
$350
$685
$321
HITHE
"Underwriters
******14
+++
་
$310
$1.95
$545
Douglasem
$34
TIN
Steamboato
318
$30
Indos (pref.)
$30
Do. def.)
$10
50%
Shella presents
-69/
***
$15
Watertoeta
$16
Mining
Bengvata.
136 Venezuela Gold Fida.
$35
$51
Kailans
30/.
$18
Langkats (single) §.
23/.
34
Explorations......... U.
3161
Shanghai Loans t
311 19/-..
$11.30
$11.40
$8.40
*****:
124
14
***
Tronoh Mines ****
31 ota. Docks, WRATYDE,
Benguet Explorations
Godowns, sia.
$129 HK & K. Whartes: 31971| $3.80 Promidents (old) ... $3.70 33,80
Do. (new)...
$1,35
$184
H.K. & W. Docks ...
*4*
8. China Motors' A'
18
Do.
$6
#339
40+
***
6140
917
35
371
*
$142 Shanghai Docks 8,
New Engineering.
Hongkewe samad.
Lands, Hotels, and
Buildinga
B.K Lands8 176
$6.85
$7.10
B
H.K. Bateln
£32
Shanghai Lands...8.
$14
Metropolitan Lands.
$7.9
B.K. Realties.
$7.80
$15
China Do
$137
Do. Debentures S.
#14
Humphrey
$131
New Asia Hotel
Asin Realties “A”
$20
Do.
***
$7
Chinese Estates....
$140
316
Ewoe
Cotton Mills.....
$106 Shai Cottons...
$14) Zoong Singe
Wing On Textiles (8)
108.
3148
1st 190
$8.5
Public Utiles
22.70/
Tramways........
1231
Poak-Trams (old)...
Da (new)...
$38
$86
Star Ferries 85
$25 Yaumati Ferric
$261
$12.95
Chins Lights (oki)..... $12.90
Do. (Bow)... #12,35. H.K. Electrics linij 1743
$13
$23
Macao do.
1104
Sandakan Lighte
$20,40
Telephones...
129,60
29.80/ 29.20
$132
China Buses.
8.
-
Tractions
On/
312.45 $741
$29.00
Do. (pref)43
Industrials
$15
Malabon Bugars
C
120
Caldbeck, Tord.) 9.
318
Macgregors (pref.)8.
$6
Cements (comb.)...
Canton Ices ****
***
$5.70
$1.05
$291
| #13.40]
29/40
***
$21
Do. **(old) Do.. (HW)... Ropes
Miscellaneous
Dairy Farma ................ Der A Wing... Amusements.***...
***
Ch. Etainments...... $10! Constructions, (old)
Do.
IH
(now),20 cta
Lane Crawfords......$4
Mackintoshs....
Nanyang Tobacco...
Bincere
Watsons-ka
Wm. Forella..........
-80 cíɛ.
511
$3.90
$300
$2.10
$10
M. Greyhounds......
381
K. C. Enterprises 441
"
77,
риче
!!!!!
$29
བོ་སྐྱོ་3 ::ཀྱི འི
HONG KONG DAILY PRESS, MONDAY, AUGUST 14, 1933.
MONEY AND MARKETS
THE EXCHANGE MARKET
MESSRS. ROZA BROS...
REPORT
HONG KONG STOCK MARKET
SATURDAY'S OFFICIAL
QUOTATIONS
Messrs. Roza Bros., have for.
Saturday, August 19, warded us the following exchange Investment securities were again market report for Saturday:- being sought after this morning, The price for Ready Silver drop but the volume of business was pod 1/8 yesterday and the For-limited, owing to poor offerings of wurd rate 1/10 making the quota- this class of shares. tions 17.15/10 for Ready and 18.1/16 for Forward' Silver advices re ported speculators as baving sold. China Banks bought. The tone was steady In America the rate was quoted at 361 for Spot. The tone was steady,
New York advice reported the cross-rate 3.3 being 4.49. 'The markot was dull.
Market.
Quiet, the tone was easy.
Sterling.
The market opened with sellers. at 1/4.27/39 at which rate business whs soon transacted followed by transactions at 1/4.13/18 for,, near and September and 1/4.25/32 for cash. The market closed at lunch time with sellers at 1/4.95/32 August, 1/4.13/18 September and 1/4.7/8 October, buyers at 1/32 higher respectively.
Gold Dollars.
No business was reported. Thero were sellers early in the morning at 31, durers bidding 31 but later the buying rate receded to 31), sellers at 31 for near delivery.
Yon.
Merchants were quoted at 115 for near delivery,
Shanghai Dollars,
Shanghai dollars were quoted at 111.13/18 for near delivery.
Quiet. Sellers were indicated. at 1/2.15/16 for near, buyers at 1/3 August,
CANTON SILK MARKET,
Issued by Kwängtang Raw Sik Testing Bureau (Department of Reconstruction, Canton).
Canton. Quotations.”
August 10. Small Extra O.S." 13/15, H.K.
*#645P.
Crack N.S. 14/16, H.K. 505P. Extra Extra 20/22, H.K. $465N Waste N.S. Open, H.K. $95N. New York Quotations.
·August 10."
**
Aaked; U.S. $1.78.-
Bid, U.S. $1.75.
Yokohama Quotations.
Spot; Yen 845.
August 11
Bourse 6 Months. Yen 843..
LONDON EXCHANGE
RATES
[BRITISH WIRELESS SERVICE. }
4.15
18.40]
784
Puris
$1.50
United Theatre ... 8.
B Ind G.$ Bonds........] 77'),
HK..Gort Losna.....{ $175 jer int
Wallace Harper....
New York
Montreal
tugby. Rugby, August 12.
84 17/32"
Mining shares were also to the fore, there being active. enquiries from Manila for Benguet Consoli dated and Benguet Exploration, and from the Straits for Raubs.
Sales.
Union Insurances18535. Raubs $11.40.
Hong Kong Trams $22.70/2. Star Ferries 896. Telephones $23.80.
Hong Kong Ropes 83. Dairy Farms #251/20,40. Amusements #11.
Buyers.
Hong Kong Banks 81,805. Hong Kong Banks (London Reg.)
£129.
Bank of East Asia #101. Union Insurances. (560. Underwriters $1,00, Douglases $321. Indo-Chinas (Def:) $35. Raubs $11.30. Venz. Goldfields $51, Hong Kong Lands $781. Hong Kong Trams 1923. Peak Trams (Old), $15), Star Ferries/895.
China Lights (Old) $12.95. China Lights (New) $12.45. Electrica $74).
Telephones 829.00. Singapore Tractions /-. Singapore (Pref:)" 18/·.· Dairy Farms 3292- Amusements 811 Constructions (New) 80 cents. Government Loans 3 per cent,
Premium.
Sellers.
Realties $7.00
Hotels $7.10.
Malabon Sugarg $16.
Sinceres $13.40.
REDUCED SALES TAX
"AUSTRALIAN" GOVERNMENT EXPECTED TO MAKE ANNOUNCEMENT.
ADVANCE IN U.S. PRICES
SEVENTY PER CENT, DUE TO GENUINE RECOVERY
New Yoak, Aug. 7. Seventy per cent. of the advance in prices in the United States and also of the general advance in business has been a genuine re- covery from the depression, Mr. Roger Bakson, the famous econo- mist, said to-day in his report on the economie condition of the
United States.
He intimated that the remaining 30 per cent. of the adrance was due to speculation and enthusiasm of the part of those who expected an even great advance than had taken place.
However, the upward surge of prices and the increase in business activity especially during the month of July, was the greatest that ever took place in the United States in so short a period, Mr. Babson said
"We are now entering a period of irregular price movements which will probably be of short dura- tion," the economist said in des cribing the dullness that has mark- ed all markets in recent days.
The statement that 70 per cent.. of the advance was genuine was supported by the famous Babson, charts on which all statements com- ing from the Babson Statistical Or ganisation at Babson Park. Mass., are based. The instituta charts the movements of every market and even of the more important sections of those markets, and with these movements are recorded the influen- ces attending tho changes.
On the basis of these charts Mr. Babson predicted the crash of the stock market in 1929, a consider-") able time before the first decline set in. He said that within a certain period stock averages, would crash 50 points.
His report to-day contained no expressions of alarm over the pre- vailing summer dullness.-United Press.
JAPAN COAL TRADE
SLIGHT RELAXATION OF THE RESTRICTION
PRESIDENT
Speed with Comfort.
To SAN FRANCISCO 19 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings.
Pres. Coolidgens, Aug. 18, 8 am From MoKinley Acg30 Free. Hoover in Pres. Lincoln Pres. Coolidge Frex Wilson...
TO VICTORIA, SEATTLE 17
via Shanghai, Kabe,
Yokoham
Fortnightly alings
Fres, Jackson......Aug. 20, Midnight
Pres. Jefferson....
inSopk -3 Sept. 22
-
* Sept. 13.
Prez Grant
Sept. 28.
Pres. Cleveland ...
******* Sept. 30
Oct. 10
Pres. Jackson'
**
Out 14
Cet. 24
Pros. Jefferson
Oct 28
ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe via United States, Direct connections with all Atlantic lines. Choice of rail lines across United State and Canada, liberal stop-over privileges for Sight-wing. Full particular upon application.
| Fortnightly via Suez to Europe & America
abcs:Hambay
Fortnightly sailings on Saturdays vis Manila, Straits, Col
Suez Canal, Alexandria, Naples: Genoa, Marsellies, New York and Boston.
Prro. Van Beren..... Prez, Garfield.... Pres. Polk
TO
Next Sailing Next Sailing
Free McKinley..... Pres. Garfield Pres. Jefferson
„Sept. 2. Pres. Härrison
Aug, 18
Sept. 16
MANILA Pres. Van Bur
Ü 8.m. Sept. 80
Pres; Adams
Proş, Hayes
Aug 19, 8 am Aug. 19.
Fapt
Sept.
Près Jackson
..Aug. 25. From HOOFF
Free Folk
Pres. Grant
Commecting with §.8. MAYON TO CEHU, "ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN
MAIL LINE
FEDESK BUILDING-HONG KON
› CANTON BRANCH, SKAKEE GAR
NEW YORK-STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG.)
Tel. 28360 Gloucester Building. Boom 208.
(REUTRK'S AMERICAN KERVICH. ]
New York; August 11, Dow Jones Averages.
30 Industrials
Tokyo.
20 Baile
20 Utilities
40 Bonds
Canberra, August 8-Further re- ductions in sales tax and primage duty are expected to be made by the Federal Government shortly. The sales tax will probably be re-(Sekitan Rengukai), at a directors" The Japan Collieries Association duced to five per cent., and, .. some cases, four per cent.
The loss in revenue, about £1,700,000, will be made up in other directions-Renter,
"Madrid Lisbon Athens
Bucharest
Fio
Buenos Aires Montevideo
Bombay
Shanghai Hong Kong. Yokohama
39 ? 1001" 587+ 560
meeting a few days ago, decided to alleviate the marketing restriction by 1,000,000 tons! The total market- ing this year by its members in Japan will therefore bo 22,137,000 tons. The Association at the same time decided to allow the South Manchuria Railway Company to increase its export of Fushun coal to Japan by 230,000 tons to 2,790,- 000 tons.
43.-O.R.
Penalty Sales, 42) O.R.
Besides the foregoing many mem- 34 nombers have been marketing in exccas 1/61/16 1/3 19/32 1/4 13/16 1/2 Silver (Spot)
37 7/8 Silver (forward) -....... 18 N.B.-Press incomplete due to very bad atmospheric conditions.
OR MANILA:
On demand ON SINGAPORE
On demand OS HATAYI:-
On demand
of their quotas, paying fees for the excess quantity. There are sales by outaiders also." It is estimated by the Association, therefore, that the aggregate supply will reach £7,080,- 000 tons, the highest since the 1929- 1930 business year. This is equal to approximately 80 per cent. of their capacity.
The market situation has been highly satisfactory for some time,
High-1933
108,37
56.53 37.73- 90.07
Low: Aug., 10. Aug, 11. Change 41.29 97.58 $7.47.11 down 13.23 49.294997 -.02 down 16.53 31.50 31.34 16 down 06.78.88.10: 88.15
.04 down
Asia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. The market is colourless and apparently mildly swayed by dog-day rumours. We believe that a desire to wait the Code's outcome is deterring activity in taking posi tions. Whest: Balling by Peter intress in Winnipeg's weakness, depressed the Chicago market. There was a small Canadian Cotton: The opening rally lost under liquidation and Southern selling. Trade demand was insufficient to absorb offerings Silver: The steadiness was exceptional, after the decline on sales by commission houses and foreign interesta The market later rallied on banks and trade buying. A lack of selling pressure featured recent markets. Business Done: 1,340,000 shares.
Dry. $
LAST SALE LOW PER SH.
Aug, 10. Aug., 11.
FOX
4218.00 Allied Chemical & Dra
for
American Smelting...........
7.
*701
1932
HIGH
1012
30
3.00 Air Reduction
$10021011
∙124 125
131
મધુ
4.00 American Can
861
871
10g
3
348 344
1318
701
9.00 American Tel & Tel.
197
126
из
44
400
11
3
1514
281
5.00 American Tobacco B· 1.00. American Waterworks
Anaconda Copper Mining 2.00 Auburn Aus
Sat
30 30%
-17
17
584
10k
4+
321
4.481
JB
4.75
42
$190
Brussels Milan Amsterdam Milan Berlin. Stockholm
23.02 1
814
m
17}"
1.
· ទ
and although this is the slack sea- son, the sales do not show much decline. The stock at the end of
ZUG
Elig
B3 ? .81
s
ON SAIGON:-
Copenhagen
29.40
"LOCAL, AND REGULAR OUTWARD MAILS,
Oslo
On damınd
June was 1,332,178 tone, an increase of only 3264 tons over coler month before. The stock a year ago was twice as heavy. "-
2004 47$ 37K
179
884
61
19.84
30 nómi
''On Bangzor:-
To Here Subsidy."
63+
On demand
WEEK DAYS,
· SUNDAYS 'L'HOLIDAYS
2201
Hate
"The Sekitan Rengokia, which at one time had to restrict the market- ing quantity, used to allow a sub,
877
824
FROM "O.P.Q.
FROM C
BANON P.0.
18
G.P.O.
SZNUROWAN BRAMEN P.D.
30
7.15.2.3. & 1.00 1.2 6.00 pa
$7,00 Piz
4.00 p.m.
5.00 ...
Junton
Et
0186
HK Wing On umi S'hai Do
Bamikul and Wuchow (Br} | | 5:00 pm
direct steamer)
Macao à Taizaian
Ingmoon (except Satu Kaukong (except Ɛati
€ 7,15 mam, &
1.15 p.m.
6.00p.m.
$1.80p.m
TH
18,28
1.10 p.m. Sundays
only
7,00 m 17.00 p
9,00
£} (8 40 mlin, ♣-
| 815 Amžin
Branda ya 8.80 Ponly ..
6.00pm
8.00 pm.
Vienna Prague Helsingfors
(Contined on next columm),
Soveraiona," Bank. Buying
BAX SILVER, peres) ~!!! 37 15/16 sidy of 50 Son per fon, to those
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- request," See our investment news on
the Financial
The Hongkong Dally Frens
who had not marketed up to the quotas. In view of the above change of the situation, however, it has nOW decided to abolish this arrangement.
ON LONDON
EXCHANGE
CLOSING QUOTATIONS
August 11, 193Z)
Telegraphic Transfer....... Bank Bills, on demand Bank Bills '4" months'
Oredits, "months"?
OF N
Bills ob dam 3- Gredita, do days.
9,00 m,&
8.00
1:00 pm
-9,00 4,00
11,00 (11,00)
#13.30
8.00
11:00
John H. Ferguson & Co.
B. C. Sban
13624
O
on previona
64
al
Bendix Aviation
1.60 Borden Company:
Canadian Pacific
J. I Case
*0.50. Caterpillar Co. sufa
2.00 Chase National Bank
10 1.00 ↑ Chryiler-Motors citZA
3.40 Consolidated Gas of N.Y.
Curtiss Wright 3.00 Druze, Ino. *******
DuPont de Nemor Eastman Kodak
Electric, Anfo-Lite Co s%5Eléctric Bond&Bhar
Electric Power, and 0.40 General Electric -1.60 General" Foods
100 General Motors 1011 Gillette Safety" 1.20 Gold Dust
0.00 International Harvest
| International Tel: & Tel; ***14.00. Liggett & Myemal Be
1,00 Loew's Inem dog
Montgomery Ward
20 2.80 National Biscuit
* 1.00- National City Bank 21.50/National Dairy Pros
0.60 Otis Elevator
2,00 Pacific, Gas & Ele
Packard Motori
0:50 - Pennsyl
Badio
[ @ 5 5 8 5 5 = = = = = £ € 8 8 8 7 ÷********** firs