Bager Bellers
Balas
Nominal
Sharebrokers'
Association
Buyarı
Bellary
Hamina
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
$1,81
சக்ர்
FRIDAY. SEPT., 1.
Banka
H.K. Banks
Do. (London) ... Chartered Banics ....
Mercantile Bks. “A”
Do.
Bank of East Asia... $103
N. O. & S. Backa...
Am. O. Fin. Corp: S.
94 Ch. Fin. Corp. Drd. 5. 2. Da Pref. 8
Insurances
Canton Insura|SCOP„. Underwriters
Union Insurances...
China Fires.................
*
ཆ་ ང་
********in
3318
$1.80
$160
$570
2139 214A
£24
£97
310:
$20
**
$1,810
215) £34
$7
***
$310
$1.98
1560
$590
AD
3990 1660
H.K. Fires...... International Anaca, 9,
$262
Douglases
#18
Steamboats
$30
Indos (pref.)
*35
Do. (del:)
673
Shella
316
254
Shipping
$2.83 ota..
75 cts.
337
19/60 ct.
...
Beta 4ets.
Waterhoota
Mining
Autamoku...
Balatcos
Baguio Gol!
Benguet Consolidated
Do. Exploration
Du Goldfield
Big Wedge
Gold Creek..
Itogons
Kallans
$17 Lugkats (single):8.
Ipo Mining
31/9
1:16!
82 ota. 83 etc.
BU cta.
50 et
$1 sta,
$34
$18
$30
$35
$15
25/
317
#
Explorations......
8.
24
$6.40
Shanghai Loans .
36
$11 80 Raube ...................
3111
Tronoh Mino
16.
***
Venezuela Gold Fida. | 15 80
***
Docks, WhAYBE,
Godowns, sto....
H.K. & K. Wharver.
Providents (id)
3198
13 20
Do. (new)
$181.K. & W. Dicks
5. China Motors A'
"
$3.70
Buildings
*
H.K. Habela "H.K lands ...B. Shanghai Landı...S. Metropolitna Lands..
38.60 $8,706 €0,82
11.35
$;
13
Di
$145
Shanghai Docks 8.
28
New EngineeringsS.
faibi
Hongkewr nnd
Lands, Hotels,' and
$6.60 $761
.$6.0/165
8324
$14
$7.30
H.K. Rulties.......
STD
China Do....
..8.
3137
Do. Debenturess.
$14
Humphreys
New Asix Hotel
$140
$2
"B"
$7
Chinese Exlates.......
311.60
$109
8141
$20
Wing On Textilaq(S.)
$224
3337
$95
$25
"312
$112
སྐ་
123
41034
8:11
2-
Trictions
182.
"Do. (prof.)...............
Industrials
315
Malabon Sugars
529
$71
56
531
150 ots
HONG KONG DAILY PRESS, SATURDAY, SEPTEMBER 2, 1933.
MONEY AND MARKETS
FINANCIAL NOTES
Metropolitan-Vickers Appointment
NEW MANAGER OF
PUBLICITY
(Special Air-Mail Service)
London, August 16. Lieut.-Colonel K. G. Maxwell, MI.EE.. Assoc.-M.C.T., M.C.. has been appointed, manager of pub ilcity of Metropolitan-Vickers Elec- trical Company, Limited. "
Colonel Maxwell received his education and early works training in Hobary, Tasmania, and complet- ed his technical training at the College of Technology in Manches- ter, becoming an associate of the college. He' joined the British Westinghouse. Electric and Manu- In facturing Company, Limited, 1911 as Д Junior engineer In the transformer department. In August, 1914, he took a commission in the Manchester Regiment after an O.T.C. training, and command- ed. the 5th Battalion of this regi- ment during. the main enemy offensive of March, 1918.
Ön demobilization he rejoined the company now known "Metro- politan-Vickers Electrical Com-
At
pany, Limited, and in the research department, under Mr. A. P. M. Fleming, was responsible for inves- tigating Insulating materials. $127 this time British sources of supply were taking the place of pre-War 31 40
foreign sources, and investigations #17
into the sultability of the British insulating materials, had to be made rapidly and thoroughly. The paper he presented to the Institute of Electrical Engineers, in conjunc tlon with Mr. Alan. Mankhouse, gained the Kelvin premium in 1925.
So
$143
$78)
$134
結婚
$14.95
-103
81:2
173
22.10
*15
(BW)...
371
821
111
$75
Asia Resition "A"S.
Do.
Cotton Hila Exos
S'ha Cottons. 5.
Zoong Singa... S.
Public' Utilking
framways....n
Pork Teams (old)...
Do.
Star Ferries....... 1951 Yaumati Ferrie
China Lights (óld)........ $12
Do.
(now)...
H.K. Electrics...) 3791.
Macao do.
pevu*
Sandakan Lights...
Telephones... sanean $31
China Bases ...... S.
Do
(old)...
Do.
120 Caldbeck, onl
$18 Macgregore/pref. 18.
Canton Icesna
Cements (comb.)....
Ropes
(new)...)
Miscellaneous
Dairy Farma.. Dor A Wings.......
Amusementen
$21
Do
Binceres ....
(LOW).26 cta.
318
-10
$4.05 13+ 100 čty
$7.45/71
$281
$104
310
$31
་
$11
$10
Ch. E'tainment......
$3.90
Constractions, (old)
.80 ct.
$3.00
Lane Crawfords......
Mackintosha
Nanyang Tobacco... $4.20
$13.40
$12.00
*14
#81
Watsons.co
***
32.10
Wm, Powells
381 $1.50
$10.
M. Greyhounda
$81.
B. U. Enterprises...
$2
Unibet Theatres...8.
77%
B. Ind. G. Bonda..." 76,
prem.
H.K. Govt. Loun.......
$1024
$8
$170
$145
Wallace Harper......
$179 H.K Wing On
S'hai
Do
Asia Lands Limited
Tel. 28380
Gloucester Building 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 JAgents
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18624.
Colonel Maxwell has worked as a member of the BS.I. Technical Committee on insulating materials and on a number of sub-commit- tees, particularly those investigat- ing synthetic resin products and insulating oils, as well as on the Electrical Research Association. He has taken an active part in the selection and training of the Metropolitan - Vickers Company's
various grades of apprentices. **
ARGENTINE RAILS
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE.)
Bombay....... Is. 6d. per Rupce
935.. .13.33
··1/6 1/16-
22.81
Од Amsterdam Athens
Sterling Parity Aug. 30,
Aug. 31.
19.10 Florins 7.93
7.91
375 Drachmne
.563
563
Belgrade
276,316 Dinar's
235
Berlin....
2013 Marks
13.40 1/6-1/18
Brussels
* 35 Belgas
533
Bucharest
Buenos Aires
Copenhagen
Geneva
..... 813,568 Lei 47.581. per Peso 18.159 Kroner 25.22 Franes
510
3371
43 0.1
437 Of.
940
99.0
16,54
16.48
193.23 Marks
"293!
"226+
1/8
1/4 13446
110 Escudos
1031
100%
23. Pesetas
39-3/18
38-5/32
60-9.18
631
50.88d. per Peso
351 Nom.
35). Non
4.76
4.763
4.331 19.00
4.32
Helsingfors Hongkong Lisbon ..... Madrid Milan Montevideo Montreal New York Oslo Paris..... Prague
Rio de Janeiro......
Shanghai Stockholm Vienna... Yokohama.. Silver (spot) Silver (forward) War Loan
92.46 Lire
4.867 Dollars 4.867 Dollars 18.130 Kroner 194.21 Francs 164 Kronen 20.930. per Gold Milreis
91-13/32
107-7/8 4-3/8 O.R..
1/3-1/5 19.371
10.90
81-9/32
1071
+ Offi.
1/3 3/18, 10.37)
20 Nou. 172
..... 19,130 Keanor 34.56 Schillings 24.584 per Yen
30 Nom.
1/
13
18-3/16
13-1/16
21% 31% 964.
4 per cent. 100
18-1/8
Closing Quotations
Loxnor Telegraphic Transfer... 1 Bank Bills, on demand Bank Bills, 4 months'
Eight
Credits,
sight
4 months'
Os Kont:-
PRESIDENT LinerS
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
נו
To SAN FRANCISCO 19 Days To VICTORIA, SEATTLE 17 Days'
via Shanghai, Kobe,
via Shanghal, Kobe, Yokohama Yokohama, Honolulu
Fortnightly sailings
Fortnightly silinga
Frea. Houver........ Sept. 13, 6 am. Pros, Jefferson... Sept. 8, Midnight Pres. Lincoln... Sept. 28, Midnight. Pres. Grant ..................Sept. 22, Midnight. Pres. Coolidge... Oct. 10, Midnight Pres. Cloveland ... .. Sept. 50, M-ATA- Prex, Wilson..... Oct. 24, Midnight Pres, Jackson... ......Out. 14, 6 am. Pres. Hoover ......Nov. 7, Midnight Pres. Jefferson ... Ost. 28, Ga.mgtra Fres. Taft .....Nov. 91, Midnight · Pres. Grant .................Nov, 10, Midnight, ra
ROUND TRIP FARES TO EUROPE & AMERICA.
Special through rates to Europe via United States. Direct connections with all Atlantae lines. Choice of rail lines across United States and Canada, liberal stop-over privilegen for Sight-seeing." Full particulars upon application.
ון
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay Suez Canal, Alexandris, Naples, Genca, Marseilles, New York and Boston.
8 a.m.
Pros Polk....Sept. 18 Pres. Adams... am.. ...Sopt. 3)
Prea. Harrison Oct. 14
TO
Next Sailing ...................
Pree, Hoover ........................
Free, Hayes
Pres. Fillmore
Pros, lonroo
MANILA
8.
.Oct. 28
Nov. 11
Nov. 95
Pres. Jefferson Sept. 2, 6 p.m.
Sept. 5 .Sept. 16
11
Pres. Lincoln........
..................... Sept. 10
......Sept 19
Pres. Cleveland Sept. 23 Free Adame... Sept. 30
Connecting with 8.9. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR
AMERICAN
Prea. Folk......................... Prea. Grang
September 1, 183
ON SHANGHAI X-
On Demand
On demand
101
14
ON MANALA:
On demand
62) nin
ON SINGAPORE:-
On demand
ON BATAVIA
On demand
543
ON SALOON
On demand
561
ON BANGLOR:-
Oo demand
135
1/58
*/43
161 ON NEW YORK:~~
Bank Bilis, on demand 311 nom Credits, 60 days' sight.. nom Os PARIS
Bank Billa, on demand 3678 Credits, 4 months' sight 587) .. ON INDIA-
Telegraphie Transter... Bank, on demand...
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.. REPORT
F
Messrs. Roza Bros., have forward- ed 115
SOVEREIGNS, Bank Buying
Rate
BAR SILVER, per of ......... 19
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL QUOTATIONS
4:
are
Some day the financial position
Friday, Sept. 1. So far as local securities of the Argentine Republic will be
the following Exchange concerned, the past week has been straightened out and funds now ac- cufnulated in that country, owing Market Report for yesterday,
one of continuous recession, es- Silver prices dropped 1/8 yespecially in the lower-priced .sec- to the restriction on exchange operations will be released. When terday for both deliveries, the tion, Hotels and Cements being this will take place depends, c quotations being 18 for Ready and Heavily hit, the former touching course, on the progress of the im-18 1/16 for Forward. Silver" ad- as low as $6.30 and the latter provement in world. trade, and vices reported speculators as hav- $4.05. Since yesterday, however, particularly on an appreciation in ing sold. China Banks bought. Hotels have recovered to some ex- the world prices of primary pro-América also bought. The tone attent, the closing rate being $6.65. ducts in which the Argentine deals the close was steady. In Amert- The rest of the market calls for so largely.
ca the rate was slightly lower at
20 special mention. To those who can visualise this 80 3/4 for Bpot. possibility and can afford to lock- New York advices reported the up their money somewhat inde-opening rate at 4.53 and the clos- finitely. Argentine railway stocks ing rate at 4.52 1/4." The market should be attractive. In parti was dull. cular, attention might be drawn to the Ordinary stock of the Buenos Ayres and Great Bouthern Rall- way, which, so far as traffic re- ceipts go, has since April last shown a steady recovery. In 1931 A small business was done aur- receipts fell*£1,010,000 below those ing. the course of the morning at of 1930. In 1932 they were £684-1/4 7/8 for near and 1/4 15/18 000 below those of 1931. Last year October. There were sellers at 1/4 the decrease was only £109,000 7/8 September and 1/4 29/32 This year the position is showing October, buyers at 1/4 15/16 for a complete change. The" return near and 1/4 31/32 October. issued this "week shows that since July 1 there has been an increase in receipts of £229,000, the average receipts per mile increasing from were sellers at 31 15/16 September" buyers at 32.1/16 for near delivery.
27 78. lid in the same period last year to £35 18s. 8d
At the last annual meeting the chairman pointed out that there was
a large accumulation of cash
in Buenos Aires" which could not
Market."
Steady but dull
Sterling.
Ú. S. Dollars. Ţu
No business was reported. There
Yen. Merchants were 'quoted at 117 1/4 for near delivery.
Shanghai Dollars. Were quoted at 111 1/2 for near.
be transferred to London owing to | delivery, the exchange restrictions.
Some
day, as we have said, this dash will
Shanghai.
Quiet. Bellers were indicated at
be released. The release can only 1/3 1/18 for near, buyers probably
be coincident with a generalimat 1/3 1/8 for cash. provement in Argentine conditions
IN THE AFTERNOON. The Market was quiet in the afternoon. ・・
In Sterling no business was re- ported, finishing with sellers at 1/4 7/8 September and 1/4.15/16 October, buyers at 1/32 higher res-
to which the agreement with this country now being worked out in detall should contribute. Thus the company will benefit in two ways, first by further increase in receipts owing to improved conditions, and second by the release of the pectively.. "blocked "* cash., At about 39, therefore, the Ordinary stock of this company has possibilities.
LONDON'S STRONG
G
POSITION
US. Dollars
The market "closed with sellers at 31 7/8 September and 32 1/16 October, buyers at 1/8 higner res- pectively.
New Listings Representations having been Committee of the made to the Stock Exchange, to the effect that a substantial body of the investing public is interested in certain PHILIPPINE GOLD MINES, and urging that quotations for these should be included in the offi- cial list.
The Committee has, therefore, decided to "list," "as from to-day, the undermentioned Companies, namely:--
STEAMSHIP MAIL
PRODER KUILDING--HONG KONG, · CANTON BRAKOJ :—4, SZAKEĘ ROAD.
LINES
LINE
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG.)
Tel. 23380-Gloucester Building, Room 308.
(KRUTEN'S AMERICAN SERVICK]
New York: August 31.
Dow Jones Averages:
30 Industrials
20 Raila
20 Utilities
40 Bonds
High-1032
106.27.
08.03
$37.73
89.07
Low: Aug, 30. Aug., 31
41.22 -102.35 . ** 107,41
Change .C6 up
13.23 52.60
16.53 31.03
59.46 30.66
34 down
17 down
05.78 67.33 87.17
.16 down"
Asia Landa, Limited, has received the following report tron their New York correspondents, E. A. Pierce & Co. There is no particular change in the general picture. Interest is at a low ebb, due to the week-end holiday. The market seems again to need some sort of stimulation to effect much change in its position. Boriness news is mixöd...
Wheat: An evening up market, with a fair amount of local profes- sional support on a belief that liquidation is over. The Winnipeg market is broadening. Country receipts are large, s
Cotton: Quiet Price Fuctuations have been quite narrow. The closing tone was fairly steady. There was no news of importance.
Silver: Quiet and featureless. There were 605 September tenders. Business Done: 1,140,000 shares,
40%
40%
201
181.00 Borden Company......
Canadian Pacis
48 0.50 Caterpillar Co.
1.00 Chrysler Motors
LAST SALE
(032
DIV.
Hron
Low PEL SI
Aug., 30. Aug. 31.
101
30% 3.00 Air Reduction
$105
$100
131
42
6.00 Allied Chemical & Dye
1371
- 139
Jug
298
4.00 American Can'
B2
02
5
American Suelting..
39
381
137
704
9.00 American Tel. & Tel.
12711201
13
44
5.00 American Tobacco
B.
201
11
1.00 American Waterworks ****
301
3.
4018
281
Anaconda Copper Mining 2.00 Auburn
172
601
50
Antamoks,
Baguio Gold,
Coldfields, Benguet
Big Wedge, Gold Creek, Ipo Mining. and Itogona
Balatoes,
44
Bendix Aviation
18
18
23
438
161
20#
Business Done During the Week
994
164
J. I. Case
24
232
Hong Kong Banks, $1825
Bank of East Asia, $104
.47%
2.00 Chase National Bank
27(Bid Bid
37#
44.
Union Insurance, $585, $5671/570, Benguet Consolidated, $40, $54 Benguet Explorations, 32 cents:
314 centa 48/50 centa. Hotels, $8.55, $6), $8.30, $6.85,
$8.80.
684
3.40 Consalidated Gas of NY.
BO
50
4t
Curtiss Wright
31
31
812
2.00 Drugs, Inc.. ...
83+
2.00 Du Pont de Nemours.
81x
80
871
3.00 Eastman Kodak
e
8-1
322
Electrio Auto-Lite Co. ........... än
21
21
Lands, $763, $781.
8. Electric, Bond & Share ...........
254
Tramways, $221, $22.10.
48
Electric Power and Light...
Peak Trams (old), $15.85. China Lights (old), $12); $12. Electrics, $75), $75,
16
30
B
0.40 General Electric
............!!
94
241
7
401
198
1.60 General Foods
37.
Telephones, $32, $318. Cements (Com.), $5, $4.05. HK. Ropes. $1.45, $73. Antamoks, 82/83 cents. Baguio Gold, 76 cents.
331
70
1.00 General Motorsk Popula
83)
24ł
10
1. Gillette Safety
143
268
B
1.20 Gold Dust
44
Log
0.80 International Harvester
오...
17
201
310
90
..
1.00 Loew's Ine,
33
371.
CLOSING QUOTATIONS.
Montgomery Ward WO
204
204
2.80 National Biscuit ...
58
184
1,00 National City Bank.
30Bid 202Bid
Buyers Union Insurances, $565. Hotels; $8.70;
10
1.20 National Dairy Products
.0
·0.60 · Otis Elevator
Sellers.
Lands, #76),
Benguet Consolidated, 153.
Sales...
Hongkong Banks, $1825. - Union Insurazices; $5874/570.
·Hotela, $6.80.
Landa," $704/764.
* Tramways," $22.10.
For the Treasury's hovering world to-day. London's resources policy there is a great deal to be are more plentiful than is the supply of sound borrowers. Market said, provided the rider is "added conditions are ripe for the next that one cannot hover for ever step in Government financing: Meanwhile, in many respects, Lon and if the Treasury waits, it mere- don, as a financial centre, is de y reveals the official conviction monstrating that she has recover that conditions will presently be- ed much of her past prestige come riper still. As which the pessimists thought had been surrendered-for good when stricting influence of the holiday Street ebullitions and the Arm British was driven of the Gold season is considered, the industrial undertone consistently maintained Standard,
fine reveals conndence; more or less 16 cannot be gainsaid that and speculative markets are in ane revertir entertained that better British credit is the highest in the comparative independence of Wall rather than worse times may be (Continued an foot of nezt column) (Continued at foot of next col) expected in the near future
At the same time, when the re-
40%
14}
67
International Tel.: &. Tel,
4.00 Liggett & Myers "B"
-
2.00 Pacifo Gas & Electric
Packard Motors film
0.50 Pennsylvania Railway
Radio Corpn.
Bears Boohuck
1.00 Standard Brands ...
Standard GEMARA
100 Standard Oil Co. of New
Jersey - Minsan ve Socony-Vacuum Corpo.
1.00 Texas Corporation"
Trana-America ***
1.00, Union Carbide & Carbon 6.00 Union Pacific
United Air and Transpor
0.40 United Corporation United States Steel Westinghouse E. & K