Sharebrokers'
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sayer] Ballers BasNominal
Association
WEDNESDAY. SEPT. 13.
Buyers | Baliars
Banks
B.K. Banks
42000110
· Do. (London)
Chartered Banks. Mercantila Bks. "A"
*
Bank of East Asia...
www
Sales omina
$1,815
$1,815
£128
JAR
£101
296
810 £38
£18
Do.
£12)
$101
N, O. & S. Barks
$104 $7
$20
Am. O. Fin, Corp: S.
Et
Ch. Fin. Corp. Ord. 9.
Do. Prof. S
$6
Insurances
$305
$310
Canton InanTWOOD „.
12.10
Underwriters
$1.90
$575
Union Insuranoes...
$570
*59%
China Fires
$500
$290
H.K. Firesama
3270
-- -
$6.90
International Assce, S.
*gkipping
Douglases....................
PIN
Steamboats
230
*Indos (pref.)
536
Do. (def.)
55/-
Shells
216
832;
L
$1.20
経
n⠀ ⠀
$13
$1.2
***
150 cts.
31.13, 33
$1.12/25
50,5443
[45 eta,
41 ct..
33 t
Waterboats
Mining
Amtamoks
Falatcos
Baguio Gold
Beogust Consolidated
Do. Exploration 46 cts.
Do. Goldfield ...
Big Wedge
$61 Ipo Mining..
Itogons .....
Kailans
*****
Langkats (single) 8.
*
Gold Creek
+
::::::
ן
HONG KONG DAILY PRESS, THURSDAY, SEPTEMBER 14, 1933.
MONEY AND MARKETS
H.K. STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
Markets were quite steady dur- ing the morning, the demand for investment shares being still in evidence, and still remains unsatis- ned.
K
Cements and Hotels, after de clining to 84.10 and 86.60, respect ively, were better at the close.
Antamoks, 81.13/1.33.
Benguet Explorations, 50,544/45.
Sales.
14
$34
$18
Baguio Gold, $1.12/1.25.
$30
$35
cents.
50/
Big Wedge, 45 cents.
$15
Raube, 812.80.
$11/1.30
$11/1.30
352
24/4 ctm.
JI
**
45/47 ❘ots.
Ewa Cottons, Sh. 8144.
Hong Kong Trams, 822.40.
Telephones, $33.
H.K. Ropes, $8.20.
Buyers
Hong Kong Banks, $1815. Canton Insurances, $310. Union Insurances, $575, Underwritersä, $2.10,
Douglases, $32).
Benguet Consolidated. $541.
$76
++
31/-
95/-
Antamoks, $1.20.
$171
$173
34
Explorations...... de
Bagulo Gold, $1.20.
14
16.40
Shanghai Loans 3.
18
$13
$2.80
Radbek
444
$13
Big Wedge, 44 cents.
Tronoh Mines.
167-
'Gold Creek, $71.
Venezuela Gold Fids. $6.80
Ewo Cottons. Sh. $14).
Docks, WharVOS,
Hong Kong Lands $78).
Godowns, etc.
Hong Kong Trams $22.30.
Star Ferries $97.
3126
$3.70
$31
Electrics $76.
$1.40
Telephones, $324.
$17.
55
351 $148
18
$128
H.K. & E. Wharvas.)
Providents (old)
Do. (new)
H.K. & W, Docks
**
S. China Motora' A'
D.
23.20
11.35
+$164
18
$143
Shanghai Docks S.
18
New Engineerings.
135
Hongkewe ........
Lands, Hotels, and
$6.70
H.K. Hatela
$6.66 #02
$781
3
$14
07.66
Buildings
H.K lands.......9 $79
Shanghai Lands...S..
Metropolitan Landin..
H.K. Realties.........
$15.70 Caius Do 8,
$137 Do. DebenturesS.
TAL
Do. "B" S.
HLK. Ropes, $8.
Dairy Farms $283.
ייד
Constructions (New 85 cents.
Govt. Loans 3 per cent. Prem.
Sellers.
Benguet Explorations 50 cents. Raubs $13.
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE.)
22.40
:.......... $13,588 Lai 47.58d. per Pezo 18.130 Kroner
25.22 Franca... 16.73 193.23 Marks
1/6 1/16
401...
Oa Amsterdam Athens
Sterling Parity
Sept. 11.
Sept. 12
1210 Florins
.8.03
7.93
375 Drachma
385
383
Belgrade Berlin ...... Bombay Brussels Bucharest
270,316 Dinars
935
240
20.43 Marks. 13.573
13.43)
1a. 6d. per Rupes 36 Belgas
1/8 1/18
33.90
82.97)
350
350
Buenos Aires
43) Official
Copenhagen Geneva
"92.40
16.50
2231
1/4 15/16
107 1061
38 '11/16
38 11/39
9246 Lire
61 7/16
60 13/18
50.88d. por Peso
36 Nominal
36 Nominal
4.567 Dollars
4.567 Dollars
4.77 4.
4.791
4.379
19.00
$1.31/32
109)
Helsingfors Hongkong Lisbon.. Madrid
Milan......
Montevideo
Montreal
New York
1/4
110 Escudos 107 25.99) Pesetas
Oslo ................................... 18.159 Kroner.
19.00
4 Nominal
1/3 3/16
Paris
Prague
Rig de Janeiro
124.21 Franes 164.25 Kronen 26.93d. per Gold Milreis
8223/39
100 (1)
43 Official 1/5)
10.371
19.37)
$4.58d, per Yea
1/2 1/32
1/2 1/32
191
194
18 3/18 18 5/18
26% 1001
Shanghaj Stockholm Vienna Yokohama
Silver (spot)
Silver (forward)
War Loan
19.150 Kronor 34.58 Schillings
Closing Quotations
September 1, 1935
ON LONDON-
Telegraphie Transfer... Bank Bills, on demand Bank Bills, 4- months'
right...
sight
ON SHANGEM: --
On Demand
100
ON KORK:-
On demand-
ON `MANILA : -
143
On demand
(3) m
Credits, 4 months'
ON SINGAPORİ :'---
On demand
ON BATAVIA:-
On demand
50
Ox Sugo
On demand.
581
ON BANGKOK YA
On demand
131
SOVEREIGNS, Bank Baylog
Bate......
1/52
183/18
OS NEW YORK :—
Bank Bills, on demand 31 nom Credits, 60 days' sight.. nom
ON PARIS:-
Pank Bills, on demand 1674 Credits, 4 months' sight 607) ON INDIA--
Telegraphic Transter......... ) Bask, on demand 1921
BAR SILVER, per on
LONDON FINANCE NOTES THE EXCHANGE
Silver On The Downgrade
Hotels $6.70.
Cements (Combined( $4.20.
#8
$14
Humphreys
New Asia Hotel
ગૂજર
33.
"$140
Asia. Realtige "A'S.
$20
3.7
Chinese Estaten.
Cotton Milla
$144.
$14
Ewos
$141
$109
S'bai Cotton.....
3141
Zoong Sings *..............S.
Wing On Textiles(9.) $72)
Public Utilities
$12.30
$22.40
་
Tramways ... $28.30
$18.83
Paak Trams (old)...
$18
$71
Do. (new)...
$76
$97
Star Ferries
J
$97
$23
Yaumati Ferries
'
Do. (ne)...!
$76+
H.K. Electrica$76
$23
Macao do.
1104
333
Telephones132)
8.1
China Buses......
Tractiona
$PU
$11.60 Chins Lights (old)....
Sandakan Lights ...
Do (pref.)... Miscellaneona Dairy Farms -
Der A Wings.......
Amusements ......
Do.
$390, Lane Crawfords......
Mackintcahs
21
yarn
(Special Air-Mail Service)
India imported nearly 18 million yards of rayon fabrio from Japan "as" against"only 710,000 yards from Great Britain. The standard of living and the rate of wages in Japan are such that she can under- sell every other
the country in articles which she "manufactures Leaders of the rayon industry in this country have frequently called attention to the seriousness of this menace and the necessity of dealing with it.
Increasing Output. downward course.
Silver continues on a definitely The price since
Previous
MARKET
MESSRS. ROZA BROS.. REPORT
Messrs. Roza. Bros., have for- warded us the following exchange market report for yesterday:
Silver prices clase 1/18 yesterday for both deliveries the quotations being 18.3/16 for Ready and 18.5/18 for Forward. Silver advices re- ported China as having bought. China Banks and Indian Bazaars operated both ways. The tone was steady. America bought. The Continent sold. ·In. America the rate was higher at 37 for Spot, The market was steady.
New York advices reported the
at 4.567.
Dull.
London. August 23. Sales and production of rayon 324 are increasing in nearly every part $11.70 of the world, and there is now a 33149 prospect of a higher price being
realised for the product.
Dealers report that orders for are now being booked for many months ahead and production early July has sagged from 18 16
16d. to 17 per, ounce. for the first six months of the pre- to that, in May of the present year. rate at 4.581 and the closing rate sent year is"greatly in excess of the metal had been as high as 20fd that of the corresponding period of last year. The estimated total for per ounce, sings which time it has the half-year is approximately 8 lently, but with a gradually deckin been fluctuating more or less vio million lb., of which about 70 miling trend. In its earlier stages the lion lb. represents the U.8.A. out fall was partly attributable to the sharp depreciation in the dollar but more recently it has persisted in the face a substantial recovery in American currency.
$281
339
$10
$10
310
Ch. E'tainmentä................
310
932
Constructions, (old)|
.St eta,
(new) 25 cta.
Nanyang Tobacco....
33 95
$4.20
$13;
Sinceros................
$73.35
[S
Watsons
32.10
Wm. Powells
$10
M. Greyhounds
131
8. C. Enterprisen...
+353
United Thestres...
77,
B. In G. Bonds.., 77%
prem,
IA.B. Gort. Loans...) 9003)
$8
Wallace Harper.......
$170
B.K Wing Os
S'hal
Do
Canton
LOCAJ, AND REGULAR OUTWARD MAILS,
177
$145
"WEEK DAYS,
|SUNPAYS & HOLIDAYS
FOR
FROX Q.P.O.
Fox BREUKOWAN BRANCY P.0.
FROM G.P.O.
SHEUNGWA
BEATON 2.0.
$7,15 m.) 7.00
5.00 pm.
17.00 pm.
&
ƒ 7,15 km, à] ƒ 9,00 KU 6.00 pia 7.00 pm,
4.00 p.m.
Bawahui and Wochow (BY} 4,00 pat
direct steaser) ..
Macno & Tuinežan
"
Xgmoon (except Saturdays) Lankong (except Baturdays)
6.00 p.m. 6.00 p.mi.
(7:15 km. & § 7,80 ..
L.16 p.m.
{1,80 p.m.
5.00 p.m.
H
Fatahan and Wnchow. (By)
Tais) IND
Fal Po
!By}
7.16 a.m.
Shumebun
#Cheungchew
9.00 30.
4.60 P (8.15 mm 810
|1.15
pille Bundays 8.15 m {anly
5.00 p
7.15 Batt
$11,00 mm
9,00
11,00 (11.00
&15.00
1.00 pm. £1.00 18.00 p.m.
$9.00 0.
2.00 p
1,00p.m.
18,00 pm
8.00 11,80 p
U
6.00
11.00 .XX 8,306,
10,80
Aberdeen Branley
8.30 2
Pingalan, Santia
Bhatankok
8.00 p.m.
10,80 #
180 P Bundays 6.80 1.25 Candy
·8.00 -
6.00 pm
7:00. p.m.
put.
4
Market.
Sterling.
near delivery. The market closed Business was reported at 1/5 for with sellers at 1/431/32 Septem- ber and October, buyers at 1/5 September and probably October
U.S. Dollars.
Yen.'
Although British exports of rayon fabrics last month at 735,318lb. were some 11,000lb. below the exports for the same month last year the total
A small business was reported at The chief factor affecting the 321 for near delivery. There were for the seven months to date in sume 80,000lb. greater than for the first market has been the hope of inter- sellers at 321. September and 323 seven months of 1932 al 4,285,5631b. national support for the metal, but October, buyers at 321 for near and Great Britain finds her best cus that hope is now becoming more re324 October tomers for rayon in the Empire for the rise, are now closing their mote. Speculators who had bought itself. Out of a total of 19,560,000 positions, and very little support near delivery.
Merchants were quoted at 120 for square yards of cotton and rayɔn
is forthcoming from either India mixture exported during the first
Shanghai Dollars. or China. The chief seller six months of the present year some
Shanghai dollars were quoted at 11,000,000 square yards was destined heavily prior to and during the
America, where speculators bought | 111a for cash. for Empire countries. The four biggest importers of British rayon sitting of the late Economic Com
Shanghai..
Quiet. Sellers were indicated at
are India, Australia, South Africa ference. An agreement was reached 1/3 for near, buyers at 1/3.5/16 and Canada in the order named with regard to silver before the September,
There has recently been an ad-Conference disbanded, and although
vance in the prices of acetate yarns it stimulated afresh the flagging, a sharp rally in the price.
this fell for short of expectations, interest of speculators and caused in America ranging from 5 to 17
cents a pound and further increases
in all types are expected in the near future.
Interest is at present centred upon the effects of the Code as ap plied to the rayon industry in the U.S.A. under the National Indus- trial Recovery Act. This will neces sitate higher prices for the product
in the U.S.A., and it is only a question of time as to when' prices will be raised in this and other countries. In some quarters Octo ber next in suggested as the month when a rise will probably take place but in others the advance is not. expected until the end of the year. Japanese Competition.
A matter which has been causing considerable anxiety to British ex- porters is the great advance made by Japan in both her rayon output and exports Japan has now be come the world's second largest pio. ducer-America being the first During the first half of the present year her rayon production was over 40 million b. as compared with about 28 million. b. for the, first half of 1832
Japanese competition 18 USC severe in the Indian market, For The first quarter of the present yaan
Asia Lands Limited
Gloucester Building Tel. 283802
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 Edgents
John H. Ferguson & Co.
32, B. C. Shamsen.
Tel 18024
PRESIDENT
Liners
to San Francisco.
Fastest Time Hong Kong t
Speed with Comfort.
To SAN FRANCISCO 19 Days To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe,
via Shanghai, Kobe Yokohama, Honolulu
Yokohama
Fortnightly sailings Pres. Lincoln.... Sept. 26, Midnight Prea, Coolidge... Oct. 10, Midnight Fred Wilson.....Oct. 24, Midnight Pres. Hoover ......Nov. 7, Midnight Fres. Taft.Nov. 21, Midnight Free. Coolidge. Dec. 5, Midnight
Fortnightly sailings Pres. Grant Sep 22, Midnight Free: Cleveland Sept. 20, Midnight Pres, Jackson ... Cot. 14, Midnight Pres. Jefferson Out. 28, Midnight Pres. Grant.Nov. 10, Midnight Pres, McKinley...Nov, 24, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA, Special through ratos to Europe via United States. Dirset connections with all, Atlantas lines. Chaios of rail Enes feroas United States and Canada, liberal stop-over privileges for Sight-seeing, Full particulars upon application.
Fortnightly viu Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits Colombo, Bombay. Suez Canal, Alexandria, Naples, Genca, Marseilles, New York and Boston.
Pres Polk Sept. 16,8 m. Pres. Hayes Oct. 28, 8 a.. Prea. Adams...Sept. 30, 8 am Pres. Fillmore......Nov. 11, 8 am. « Pres. Harrison Oct. 14,8am. Pres. Monroe.......Nor. 25, 8 am.
TO MANILA
Next Sailing............ Pres. Polk Sept. 16, 8 a.m. Next Sailing. Pres. Grant Sept. 16, 6 p.m. Pros Ligcola.....Sept. 18, 6 pm. Pres. Coolidge......Oct. 3, 6 pm. Pres. Cleveland Sept. 23, 6 pm. Pres. Jackson Oct, 2,8 pm. Pres; Adamas...Sept. 30, 8am. Fres. Harrison.....Oct. 14, 8.m, Connecting with 8.8. MATON To CEBU," ILOILO, ZAMECANGA
STEAMSHIP
DOLLAR AMERICAN
IDEA BUILDING
LINES MAIL LINE
KONO.
CANTON BRANCH, WAKE ROAD,
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG.)
Tel. 98390-Gloucester Building, Room 304
[NEUTER'S AMBRICAN SERVICE.]
New York: September 12, Dow Jones Averages:
30 Industrials.
20 Rails
90 Utilities
Low: Sept, 11, Sept., 12. Change
High-1832
108.27
41.22 103.69
---60.03
13.23 1.27
102,84 50.83
37.73
16.69 30.20
69.07
05.78 86.79
.75 down .54 down 30.00 .30 down $8.52.13 up
40 Bands Asia Lands, Limited, has received the following report from their New. York correspondents, E A. Pierce & Co. Today's action was quite incon- clusive, with nothing new brought to light to indicate whether the present rally is another minor movement or whether it actually foreshadows the resumption of a broad advance.
Wheat: Early on there was buying on renewed inflation which was satisfied later, easing the market. The Winnipeg peg still restricta trade.
Cotton: There has been a fairer speculative buying but no pronounc** ed trend. The sentiment is more favourable.)
Silver: Valnes advanced on strong London advices an.1 Sterling; also on continued inflation rumours.
The New York markets close at noon on Wednesday. Business Done: 2,940,000 shares.
40#
Div. Low PRL, SH,
6.00 Allied Chemical & Dye
American Smelting..
LAST SALE
1932
Hios
Sept., 11. Sept.
1017
30%
P
400 Aiz Baduction
$105.1
$105.
1318
421
140
138
yo
298
4.00 American Can
93
921
391
39
1378
8.00 American Tel & Tel.
1314
131
93
6.00 American Tobacco
B
90
90
40
1.00 American Waterworks.
21+
Anaconda Copper Mining.
17
1814
2.00′′ Auburn
021
20
4
Bendix Aviation.
18
481
18
Léo Borden Company
181 282
20%
-Canadian Pacific
901
10
J. 1 Oase...
281
0.50 Caterpillar Cq, nem
93
473
*17A
37
2,00 Chase National Bank 1,00 Chrysler Motors
234Bid 287Bid
681
.471
824
877
32*
24
3.40 Consolidated Gas of NE
Curtiss Wright
3.00 Dreza, Ino... 2.00 Du Pont de Nempurs
30 3.00 Eastman Kodak
Electric Auto-Lite Co......
6% 8. Electric Band & Share
Electric Power and Ligh 0.40 General Electric. 19143 1.00 Général. Hooda, ...
1.00 General Motors
201
1
Gillette Safety
1.20 Gold Dusti
10.60 International Harvester
International Tel. & Tel.
400 Liggett & Myers "B
1.00 Loew's Inc.
Montgomery Ward
2.50 National Biscuis.. 1,00 National City Bank 1.20 National Dairy Pr 0.00 Otis Elevator... 2.00 Pacific Gas & Elec
Packard Motors 0,50 Pennsylvania Railway
Hadio Corun
Sears, Roebuck Standard Brands Standard Gas,
100 Standard Oil Co. of
Jersey
Bocory Vacuum Corpa 1.00 Texas Corporation
Trans America...
1,00 Union Carbide & Carben 6.00 Union Pacifie
United Air and Transpo 040 United Corporation United States Steel Westinghouse E & X .....
894)
171
95