DAILY SHARE QUOTATIONS
HONG KONG STOCK EXCHANGE.
Buyer Sellers Baler Nominal
SHAREBROKERS'
ASSOCIATION.
HONG KONG DAILY PRESS, TUESDAY, AUGUST 22, -1933.
MONEY AND MARKETS
SATURDAY. AUGUST ID.
Belaru
Bayers
Baine Mousta
FINANCIAL NOTES FROM
Banks
1,845
H.K. Banks
$1,315
LONDON
Do. (London)...
£1
Chartered Bank
B24+
Mercantile B
EDI
"A" C
£24
N. C. & S. Backs...
Am. O. Fin.Corp: 9.
$5,40 Ch Fin. Corp. Ord. 8.
**E OR
35
332,
$18
Do.
Bank of East Anis... 4102
Do Fret. 8
Insurances
$BEL
Canton Insurances...
3310
$1.80
Underwriters and
$1.93
·3267
Union Insurances ........
7560
$695
China Fires man!
$580
$990
H.K. Fires..........
$203
16)
International Ausca, S.
Shipping
Douglases 4
$34
Steamboats
$18
$30 Indos (pref.)
$30
135.
Do. (def.)
36
52/6
Shall
52/-
$15
Water-cats
$15
325
$5.30
25.
$16
$4
SB
*8/0
$16
14
3112
31. eta.
***
$304
Di
3640
Mining
Benguets
Venezuela Gold Fida.
KailansOFESSI
Langkats (single) 9. Explorations....
Shangbai Loans 8.
Haubs
Trodoh Mines......
Bengast Explorations
Docks, Wharvės,
Godowns, ato.
$124 H. & K. Wharvoa.
13,80
Providents (old)
Do. (new)
***
$3.70 $3.RU
$1,35
#16)
H.K. & W. Docks
36
8. China Motors' A*
$8
D.
"B"
$143
371"
New Engineerings.
#339
$7.90
Shanghai Docks S.
Hongk*** ................. Lands, Hotels," and
Buildings
H.K. Hoteläg H.K Lands ........8.. Shanghai Land....S. Metropolitan Landa.. H.K. Realties........ China Do... Do Debentures3. Humphreys
New Asia Hotel
Asia Realties "A"S.
$.24
$154
· 395$
::::
Do.
"B".
Chinese Estates:.....
36.90
रा
5114
12/-
***
3148
East Asiatic Rubber Estate: Imperial Tobacco Co. Interim Dividend: L.N.E. R. & G.W.R. Affairs:
A Success For Metropolitan Vickers In Brazil: The City And The W.E.C.
Silver Agreement
(Special Air-Mail Service)
East Asiatic Rubber Estates.
Loudon, August 1st." The Tenth Annual General Meet ing of East Asiatic Rubber Estates, Limited, was held yesterday at 2/4, Idol Lane, London, B.C.
Lord Hutchison of Montrose, K.C.M.G, C.B., D.S.O. (the chair man), who presided, said that the net profit for the year, thanks to the dividend received from the sub- sidiary company, Teluk Merbau Plantations, Limited, amounted to £4,833, which it was. proposed to carry forward. The directors had 3187 examined the position of the carry forward to see if they were justified $140
in recommending a small dividend, $17 but for the moment they had de cided against it. However, the possibility of paying a small in- terim dividend at the end of the year if the position then permitte was in the minds of the directors.
The company's financial position was extremely sound, as, they had £30,574 invested in British Govern ment securities, as well as £63,911 on deposit and in caah, making & tital of £100,496, which meant that their general reserve was more than covered by their cash resources. In addition, they had 2,737,500 fully- paid shares of 2s, eath in the Telak Merbau Plantations, Limited, which had made a profit for the year of £13,015 and had paid a dividend o 3 per cent
178
$7.70
#109 8144
190
2x1
Cotton Mills
Ewas
S'hai CottonB................~~
$14 Zooog Bings. S.
Wing On Textiles(S.)
Public Utilitie
Pock Trams (old)...
Star Ferries... $95)
|$13. 0] China Lights (old)...: $12 85
H.K. Electrics
Sandakan Liglita....
$71
1961
$251
Tramways
Do. (new)...
Yaumati Ferries
Do
$12.35
(now)...
$74)
$74.£0
$23
Macao do.
$104
ระ
Telephones.....EVAL
8111
China Buses......S.
2
20%
$291
$8
Tractions
Do, (prof.)...)
Industrials
Bopes.....
Dairy Farmaristras
144
57
$243
***
ช
13
The crop of rubber harvested amounted to 3,179,453lb., compared with 3,342,000lb. for the previous Year. 3,129,300ih, were sold at z
gross average price of 2.35d per lb. London landed equivalent, and the balance of 49,8841b, bad since been sold at a profit.
There was the usual talks of con. trol or regulation of production 11240 flying about and duly reported in the Press from time to time, but he would suggest that until they had definite official information no notice should he taken of these. There were signs of increased con- sumption in the world, and more especially in America, and her ven tured to say the outlook to-day was better than it had been for the past three years, and he had hopes that the depression over their ing dustry was at last passing away.
318
Sc
SIL
Malabon Bugar...
$20
Caldbeck, Mord.) 8.
··$16⋅
Macgregors (prof.)8.
36
Canton Ives
7530
Cements (comb.)...] 15.36
$470
Do.
(old)...
14. 0
་་
86 eta
Do. (now)...
51
$7.79
Miscellaneous
$29.60
Der A Wingsuire
$11
Amusementa
'
$112
SIL
Ch. E'tainment*.......
$3.90
Constructions, (old)]
3102 $31
Do,
(new) 20 cts
$390
Lane Crawfords......
Mackintoshs
Nanyang Tobseco........
$4.15
$13.40
$13.40
384
$2.15
$1.50
$10
M. Greyhounde.
B
HU. Enterprises
33
K .777,
United Theatres... 8,
B. Ind. G. Bonds....
77%).
prem
H.K. Gort. Eban..... $193.
$8
Wallace Harperinas
$180
B.K. Wing Ou
$190
S'hai Do
$165
Buets.
39
Sinceres...
Watsons@oodsee
Wro. Powells
Asia Lands Limited
Gloucester Building
Tel
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
the Financial Page of
The Hongkong Daily Press,
Canton Agents
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 13824
The report and accounts were un animously adopted.
"Imps." Interim Maintained.
*Ants
were the sure as for the corresponding period a year ago, and other factors, such as onerous duties and expensive competition, It is be- continued in operation. lieved that trade has improved per- ceptibly since the end of the half- year, and if, as rumour has sug gested, *some "understanding should be reached to abandon er curtail coupon gift schemes, the hoard may see their way to im prove upon the final dividend of B pe and bonus of 8 p.e. paid for. last year,
LN.EE, Working Expenses,
The directors of the London and the payment for the past half-year North-Eastern Railway announce
of the full dividends on the First fog the same as for the correspond. and Second Guaranteed stocks, be-
ing period last year.
The payment on Guaranteed stock involves a trans- the Second fer from the roserve fund. Gross receipts aro down by £1,228,000, but expenses have been reduced by therefore, in only £154,000. £1,074,000, and the net decrease.
Great Western Interim Dividend Reduced,
The directors of the Great Western Railway announce that for the past half-year gross receipts were: £378,000 less than in the cor- responding half of 1932. Expendi- ture on railway services decreased £495,000, and net revenue from all pouces was down £177,000.
After making an appropriation from the free reserves the directors have declared a dividend of per cent for the past half-year on the Ordinary stock. This compares with ing half of last year. the per cent. for the correspond-
Metropolitan Vickers Win
British electrical equipment firms are scoring big gains in overseas markets. Among the latest successes is the tender of the Metropolitan- Vickers undertaking. for the elec trification of the Central of Brazil. Railway.
The Commission appointed to study the problem and recommend one tender for acceptance by the. Government have concluded their report. They consider the offer of the Matrovick concern the most favourable, not merely from the
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS,
The market was generally stondy to-day, there being enquirics for investment issues, specially for Utilities, There was no material change in the lower-priced shares.
Sales.
Star Ferries 805). Telephones $333.
Buyers.
Hong Kong Barks #1,803. Bank of East Asia $101. Union Insurances $567). Underwriters $1.80. Douglases $32). Rauha $11.50.
Benguet Explorations 31 ecuts, Hotels 86.90.
Hong Kong Lands $78). Realties $7.00.
Ewo Cottons Sh. $141. Hong Kong Trams $221. Peak Trams (Okl) $15).. Star Ferries 805). China Lights (Old). $12.80, Electries $741.
Singapore Tractions 2/-. Singapore, Tractions (Pref.) 15/ Cements (Combined) $5.30, Dairy Farms $29. Constructions (New) 80 cents. Government Loans 4 per cent.
Premium.
Sellers.
Sinceres $13.40.
EXCHANGE
CLOSING QUOTATIONS
August 21, 1933 IN LONDON.
Telegraphic Transfer... Bank Bills, on demand 1/4 Bank Bill, 4. months*
might
Credits, 4 months"
sight.....
On NEW YORK:-
Bank Billa, on demand m Credits, 60 days' sight.. now ON PARIS
Bank Bills, on demand o" Credits, 4 months' sight 20 ON INDIA:--
Telegraphie Transier... Bank, on demand ON SHANGHAI:-
On Demand
ON KOBE!"
On demand
ON MANILA:
On demand ON SINGAPORE: On demand ON BATAVIA
On demand SAIGON:--
On demand ON BANGKOK :-
On demand SOVERSIONS, Bank Buying
∙Bate ........ Rax SILVER, per de
Jour
14
( nou
561
B
138
In spite of the numerous adverse factors to which the chairman called attention at the meeting last Feh, point of view of cost, but also from A.E.G., the nearest rival, and over
the standpoint of the firm's reputa- tion for quality of material and workmanship..!
These
per cent. cheaper than that of the 40 per cent. below the highest ruary, the Imperial Tobacco Co.. is again able to pay an interim, divid.
figure submitted. The final decision end of 43 p.c., tax free, on its" Or
of the Government, as to the he dinary capital. Having regard to
are the details now. disceptance of one of these tenders the chairman's remarks, no increase closed of the tenders submitted: could be expected, and the main-
has yet to be announced · The tenance of the payment confirms
Total Cost in question of the terms of payment Paper Milreis. anticipations.
ig still being considered. Rs.: Metropolitan-
Vickers. 129,092,258,810 A.E.G. Italian group 190,930,767,230 silver agreement reached at the 191,305,738,980 The details of the terms of the
The dividend applies to the half- year to April 30, during which the adverse rate of exchange with America affected the cost of to- bacco leaf purchases. Since then the dollar has moved in favour of the company, though this advantage has probably been offset by, rising dollar prices.The dividends re- ceived on the large holding of
PRESIDENT Liners
13
Fastest Time Hong Kong to San Francisco.
رم
Speed with Comfort.
To SAN FRANCISCO 19 Days To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe,
Yokohama, Honolulu
Fortnightly smiling.
vla Shanghai, Kobe, Yokohama Fortnightly sailings
„Sept, 92, 'Midnight.
Pres. McKinley.......Aug. 30, 6 sm." Fres. Jackson......Aug. 25, Midnight Pres. Hoover..., Sept. 13, 6 an. Free, Jefferson... Sept. 8, Midnight" Pres. Lincoln... Sept. 26, Midnight Proa. Gmat, Pru. Coolidge... Oct. 10, Midnight" Pres. Cleveland... Prea. Wilson...
Oct. 94, Midnight Pres Jackson ... Pres. Foover... Nov. 7, Midnight Pres. Jefferson...
Sept. 20, 6 m. ...Oct. 14, 0 a.m.” Ost, 28, 6am,
ROUND TRIP FARES TO EUROPE & AMERICA,
Special through rates to Europe via United States.
Direct connections with all Allantie lines. Choice of rail lines across United States and Canada, liberal stop-over privileges for Sight-seeing. Füll particulars upon application,
| Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays vis Manila, Straits Colombo, Bombay, Suez Canal, Alexandria, Naples, Genoa, Marseilles,
New York and Boston..
8am.
8.
Pres. Harrison
.Oct. 14
...Sept. 16 ...Sept. 3
Pres. Hayes
Oct. 28
Fres. Fillmore'
Nov, 11"
Prez, Garfield...Sept. 2 Pres. Polk Pres. Adams...
TO MANILA
Next Sailing
Pres. Garfeld
Pres, Jefferson
Pres. Hoover......
Pres. McKinley Aug. 22, 6 p.m.
..Sept
Pres. Polk
..
Sept.
Pres. Grant
Fept. 8
Sept. 16 ...........Sept. 18 Free Lincoln.......Sept. 19
Connecting with 8.S. MAYON TO CEBU, ILOILO. ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAIL LINE
PEODER BUILDING-HONG KONG.
CANTON BRANCH-4, BRAKKE Road.
NEW YORK STOCK EXCHANGE "ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG.)
Tel. 29380-Gloucester Building, Room 306.
{RROTEE'S AMERICAN SERVICE.)
New York: August 17.
Dow Jones Averages: High- 1932
30 Industrials
20 Rails
20 Utilities
40 Bonds
108.27
56.63
37.73
39.07
Change
Low: Aug.16 Aug, 17.
41.25 94.44. 99.30 4.86. ap 13.23.46.89 40.08. 2.19 up 16.53 39.5780.02 1.35 up 65.78 87.97 87.88.09 up
Asia Landa, Limited, has received the following report from their New-
York correspondents, E. A. Pierce & Co. The improvement in the wheat, cotton and grain markets was responsible for the up-turn. According, to the information of floor observers, there was little or no evidence of large blocks being offered around the present prices. The ease at: which active issues advanced was a feature and apparently a demon- stration that no large scale liquidation is anticipated at the moment. The unwillingness of hig holders to dispose of equities indicates that the market situation should remain fundamentally sound. Wheat: Confidence is evidently restored. Talk of large scale buying brought support from Winnipeg. Cotton: Values reflected the improved grain sentiment, continuing yesterday's advancing trend. The Trade. Europe and shorts bought early, Later buying was mostly speculative on investment account, perhaps induced by the renewal of inflationary talk Hedge celling appeared at the close: Silver: There was good Trade and Bank buying early in the day. Business Done: 2,470,000 shares.
FOL
8.00 Allied Chemical & Dyes.... 4.00American Can
་
LAST SALE
Aug, 16 Ang, 12.
$98 $100
1281 1314
831 83
1939
Div. 8
HIGE
Low PER SH.
17 13/18
1012
301
3.0
Air Reduction
131
49
95$
298
40%
3
American Smelting..
33
36
1378
9.00 American Tel. & Tel.
124
1277
93
44.
5.00 American Tobacco “B”.
85
69
408
11/
1.00 American Waterworks ...
27
3
Anaconda Copper, Mining
16
· 172
1512
28)
2.00 Auburn hér sepesjaarzen
85
604
Zug
43
Bendix Aviation
18]
174
43
18
1.60 Borden Company
-30)
7+
Canadian Patific
164
JI Case .........
206
48
0.50 Caterpillar Co.
47
179
2.00 Chass National Bank
37%
1.00 Chrysler Motors
3.40 Consolidated Gas of
Siemens.
Economic Conference have been the Schuckert 200,879,062,884 subject of lively comment in the London bullion market, and in their 229,468,521,050 weekly circular Messrs. Mocatta 4246,370,638,800
(Continued on west Col.)
611
300 Drugs, Inc. .....
Bat
2.00 Du Pont de Necspurs
-876
2.00 Eastman Kodak
32
- Electric Auto Lite Chetta
and Goldsmid write as follows
0% ́s. Electric, Bond & Share ....
48
2
16
¿
0.40 General Electric,
Firm
Swiss group General Electric The British fonde is nearly 30
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
M.S. "FALSTRIA" Sailing on or about For SAN FRANCISCO, direct 3rd SEPT.
CARGO AND PASSENGERS ACCEPTED FOR SAN FRANCI800, VANCOUVER, SEATTLE, LOS ANGELES, ETC.
THROUGH KILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger Accommodation
Passenger fares Hongkong/San Francisco from G8120 (1st class only) For Freight and Passage, etc. please Apply for
The East Asiatic Co., Ltd. The Chinese American Shipping
Agenta:
JOHNMANNERS & CO. LTD
Office: MERCANTILE BANK BUILDING (203 3
Company
Agent
HONG SLING
The Silver Agreement,
20
401
231
241
260
444 201
37
58
64 al
The main featured of the agrce- ment are that the Italian Govern- ment shall not sell more than" an average of 35,000,000oz. per annum, exclusive od sales for payment of War Debts. Thus, for the next four years the Indian Government is permitted to sell more than they have been doing since 1927. The Chinese Government agrees not to 281 sell demonetized silver, but it is not thought that this applies to sysse, about 125,000,000oz, of which is held by the banks in Shanghai. The Governments of Australia, Chondo, U.S.A., Mexico, and Peru agree not to sell any silver for four Sears and to absorb between them 35,000,0000z; from their "mine pro duction each year. We understand that Mexico alooo utilized about 17,000,000oz. Last year, so that the balance of about 18,000,000oz. cover ed by the agreement is not a very large figure.
"It appears to us, therefore, that the practical advantages al this greement should not be over
opinion.
Curtiss Wright
Electric Power and Light.
1.60 General Foods
1.00 General Motors j
-104* - 100 Gillette Safety "..
1.20 Gold Dust J
0.00 International Harveste
International Tel, & 4400 Liggett & Myers B
1.00 Loews In
Montgomery Ward ..... 2010 2.80′′ National Biscuit
100 National City Bank. 1.20 National Dairy Products 0.60 Otis Elevator
2.00 Pacific Gas & Electric....
Pickard, Motors
0.50 Pennsylvania Railw
40
13
40%
(15)
7, Queen's Ho., USIYRAL,
and when that occurs the ieally Lde of Keilver will Buto
57)
Radio-Corpu
Sears Roebuc
Standard Brind“
100 Standard Oil
Bosont-Vaoutum
1.00 Texas Corporatio
Trane-America
1.00 Union Carbide & Carbon
Union Pacifie
United Air and Transport
United Corporation
United States Steel
Westinghouse E. ds,
251
89
54