DAILY SHARE QUOTATIONS
Hong Kong Stock
Sharebrokers'
Exchange
Buyers
Baltres
FRIDAY.
MAN OCTOBER 6.
Banks
Association
Buyers
Bellare
Do. (London)...-
#1,515
1,820/25
R.K. Banks
*!་༧སྙན་
F131
£169
Chartered Banks
220
PIRI
Do.
མ
101
3383
1370
Mercantile Bis. "A"
Bank of East Asia... 3104 N. C. & S. Barks
Ata. O. Fin, Corp: 8.
#4 Ch. Fin: Corp. Ord. *
30
Do
Insurance.
Canton Isirancem.....
Prof. S
$2.10
2575
Underwriters .......!
Union InsuraEGÉR ........ Chica Firen
1565
the
$200
H.K Fires.....
35 International Assce. S.
Shipping
Douglares
Waterbenta
$34
#LP
Steamboate
330
Indios (pref.)
Ba
Do (def.)
+83
Shella
$15
$1.05
.h
***
$37
93 cts, '93 ctx.
150.
130 uth,
-71
30.
Mining
Amtamoks
Balatcos
Baguio Goll
Berguet Consolidated
Do. Exploration 143 ct.
Do. Goldfield
Big Wedge
Gold Creek..
Ipo Mining.
Itogons Kailans
Langkats (single) 3.
3126 $122
$8.20
11.36
8164
HONG KONG DAILY PRESS, SATURDAY, OCTOBER 7, 1933.
MONEY AND
MARKETS.
151
H.K. STOCK
MARKET
$1,810
£25
WEEKLY REPORT
乌步
$7
**
"$327
$270
$30
$35
$16
ཐཿནྣིདྡྷི། དྷནྡaa1ཀྱིབྷ12
543
LONDON EXCHANGE RATES -
.There was an entire absence of Athens Interest on the part of investors į Belgrade generally throughout the past | Berlin week, and the market appears to Bombay be just drifting from day to day, Brussels and, although on material changes Bucharest .... are to be noted, some of the in- Buenos Aires vestment issues have given way. Copenhagen In the lower-priced section, Hotels Geneva and Cements continue to fuctuate Helsingfors within narrow limits, probably a Hongkong matter of twenty cents either way. Lisbon
Closing tone dull,
Madrid
Business Done During the Week.
Hong Kong Barks $1,820, $1,815.
#1.820, $1,825.
Canton Insurances $330."
Union Insurances $575.
Wharves $127.
Hotels $6.95, 7.
Hong Kong Lands $78. ·
Realties 97.85.
Tramways 822.30, $22,50,
Star Ferries 8100.
Electrics 8774, 877).
Telephones 835,
(BRITISH WIRELESS SERVICE.)
25,22) Pesetas, 36 27/32
On Amsterdam
Sterling Parity
12 10 Florins
Oct. 7.034
October 3,
7.66
375 Drachmae ... 276,316 Dinars ... 20.43 Marks ... 15. 6d. per Rupee
500
255
„923
י
35 Belgas ...."813,388 Lei 47.06d. per. Paso
12.03) 1/65/64 22. 104 3221
aut
12.083 1/8.5/84
No14 520.
45] O.R.
43) O. B.
18.159 Kroner
29.40
22.40
$5.22) Francs
15.69
15.94-
193.23 Marks
9281
228"
1/3
1/5 3/16
110 Escudos
103
1022
30 15/16
92.46 Lire 58-11/16
187
30.58d. per Reso
37 Nom
* 37 Nom.
4.867 Dollars
4.551
4.81
New York
4.507 Dollars
4.70%
+4.741
Oslo
Paris
Prague
Rio de Janeiro
18.159 Kroner. 194.91 Francs 184. Kronen 26.93d. per Gold Milreis
19,00
19,00
-78 23/32 ∙1031
-781
·101
Shanghai
Stockholm
Vienna .......... Yokohama
14139 Kronor 34.58 Schillings
24.58d. per Yen-
420.R. 1/37/16" 10.30 28,
10.R
1/3 5/16 10.40
991
1/2 3/16
1/2 3/16
10 5/16
184
Silver (forward)
War Loan
* 74%
18.7/16 1011.
188
Milan
Montevideo
Montreal
Cements (Combined) 3.90, $3.95, Silver (spot)
$4, $3.90.
Dairy Farms. $294, 8291.
S.C. Enterprises 814.
Construction (Old) #3.10.
Constructions (New) 95 cts.
Singapore Tractions 2/8.
Antamoks 81, 81.07, 81.17, 81.05.
Closing Quotations
October 8, 1933.
ON SHANGHAI:-
On Demand
$18!
81.13
Explorations... Pa
$4.16
6.85
Shanghai Loans .
$12.30
Raabs
31:70
Tronoh Mines
17/6
Baguot Gold 91 cts, 97 cts., 92
Venezuela Gold Fldu. 16
**
cts., 95 cts.
CIN LONDON: -
urg
16
#38
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharros. $1264
Providents (old)
"Do.
(new)...
H.K. & W, Docks .....
8. China Motors · A'.
Do.
$147 Shanghai Docks S.
New Engineerings S.
Hongkew********
Lands, Hotels, and
Buildings
H.K. Hotela
H.K Lands...8.
"B"
TAFALIP:
131
3140
$17
Buyers:
Hong Kong Lands #77).
8147
Big Wedge, 51 cts, 53 ets.
Ewo Cottons Sh. $14.40,
Government Loans 4 per cent.
Premium.
Changes (3.13 p.m.) Closing
Quotations.
Telegraphic Transfor... Bank Billa, on demand Bank Bills, 4 months'
ON KOBE:-
AR
On demand”. ON MANILA:-..
1188
sight
On demand
663 on
Credits,
4
months'
ON SINGAPORE:—
sight
1/5
On demand
60
Os New York:-
-ON BATAVIA :----
Bank Bills, on demand z
nom
On demand
54
6.95 16.85,0. 85
Constructions (Old) 83.
Sellers.
-Hong Kong Lands 878).
Cements (Combined) $3.90.
Sales.
Constructions (Old) #3.10.
Bank Bills, on demand 655 Credits, 4 months' sight 695
ON INDIA?-
Credits, 60 days' sight.. nom. ON PARIS:-
ON SAIGON:--
On demand
65+
ON BANGKOK! -
On demaid
132
SOVEREIGNE, Bank Buying
5:0
Telegraphic Transter... Bauk, on demand......
...Rate
83
BAB SILVER, per, os
18
13
PRESIDENT
Åners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
TO SAN FRANCISCO 19 Days via Shanghai, Kobe, Yokohama, Honolula
Fortnightly sailing Pros. Coolidge...Oct. 10, Midnight Prea. McKinley...Oct. 94, Midnight Pres. Boover......Nov. 7, Midnight Pres Taft.Nov. 21, Midnight Pres. Coolidge ...Dec. 5, Midnight
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings Pres. Jackson ... Cet. 18, Midnight Free. Jefferson Oct. 27 Midnight Pres. Grant Nov. 10, Midnight. Pres. Cleveland ...Nov. 24, Midnight Pres. Jackson.. Dec. 8, Midnight ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europa vis United States. connections with all Atlantic lines. Choice of rail lines across United States and Canada, liberal atop-over privileges for Bight-seeing. Fall particulare upon application.
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straita, Colombo, Bombay, Suez Cañal, Alexandria, Naples, Genoa, Marseilles. New York and Boston.
Prea, Harrison ......Oct. 14, 8 am. Free, Hayes...Oct. 28, 8. * Fres. Johnson... Nov. 11, 8am.
Next Sailing
Pree. Monroe......Nor. 25, 8 8.0. tres. Van Buren,Dec. 9, ID Pres. Garfield ... Dec. 23, 8 a.m..
TO MANILA
.......................... Pres. Jackson Oct. 7, 6 p.m. Frea. Harriscu.....Oct. 14, 8. Pres. McKinley..... Oct. 17, 8 p.m. "Pres. Jefferson......Oct. 21, 6 p.m.
Free. Hayes ........ Oct. 29,8 a.. Pres. Hoover Oct 31, B'p.m. Free. Grant Nov. 6 pm.
Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN
MAIL LINE
..TRUDER BUILDING-HONG KONG. CANTON BRANCH ---4, RHAÉZE ROAD,
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28280-Gloucester Building, Room 300.
$6.80
878
$13
Shanghai Lands...8.
$14
Metropolitan Lande..
HE. Realbies..........
3:54
China Do...........
$137
"Do: Debentu.ess.
$11.83
Do.
"B" S
Humphreys
New Asia Hotel
$140 Asia Realties "A" S
320
Chinese Estates
Cotton Mill.
114.30 Ewos
$ 2
LMA
!!!
****
THE EXCHANGE MARKET
MESSRS. ROZA BROS.. REPORT
JAPAN AND JAVA Canton Silk Market
Waiting To See What Testing Bureau, Department of Re-
Will Happen Next
Silver prices rose 3716 yesterday NOT LIKE BRITISH INDIA· for both deliveries, the quotations being 18 for Ready and 181 för Forward. Silver advices reported America and China as having bought. The Continent sold. The market was featureless. In America the rate was slightly lower at 40 for Spot. The tone was indicated as being steady.
14.70
$108
Sa Cottone...
108
81
Zoong Sings ........... S.
814
Messrs. Roza Bros, have for-
$eu
Wing On Textiles(S.)
377.
Public Utilities
warded us the following Exchange Market report for yesterday ¦-----
5220
Tramways. 522
$154
Peak Trima (old)...!
16
ST
Do (new)...
193
Star Ferries
374 5903
12%
Yannati Ferries_101
$23
$1165 $11.40
$78
Chine Lights (old)... $11.85
Do. (new)...
HK Electrica.......
$11.40
$78
123
Macao do.
$3+)
Telephones..............
1341
.
$ 1
China Buses........... 8.
26
Tractions
Do. (prel.)......
Industrials
315
Malabon dugars
$21
Caldbeck, Word.).
$181
Maogregors (pref.18.
16
1104 Sandakan Lights ....
4/3.00
50 qžs
$1.
Canton Ives
Camenta (comb)...
Da. (old)... Do. (new)... Ropes
Miscellaneous Dairy Farma nes Der A Wings....
Amusementa.me/
Ch. Etainments......... Constructions, (old);
SIM
33
$3.86/14
$71
New York advices reported the opening rate at 4.73 and the clos- Ing. rate at 4.75). The market was uncertain..
Market.
Tokyo Japanese cotton trailers are to adopt the policy of "wait and see" in regard to the threatened restriction in the Dutch East Indies of the import of Japanese cotton goods. They do not. view the situation in tog pessi- mistic a light. In their opinion the relation between Japan and the Dutch. Fast Indies is somewhat different from that between Japan and British India. The rejection of Japanese goods, the Asahi on the nominal
Biya
From the Kwangtung` Raw Silk
construction, Canton, China:-
Canton Quotations.
October 4. Small Extra ÖS. 13/15, H.K."
$580N.
Crack NS. 14/18 HK. $470N. Etra Extra 20/22, HK. 8427P. Waste N.S. Open, E.K. 895N.
Yokohama Quotations. Spot, Yen. 740.
Bourse 6 Months, Yen 739.
SINGAPORE. TAXES
pretex of "anti-exchange-dumping" Mr. Laycock's Strong Criticism Quiet, the tone was inclined to Dutch East Indies Assembly on Sep- has at last leaped to Holland. The
easiness.
Sterling.
tember 5th passed an emergency im- port restriction law for the sake of A small business was done early protecting domestic industry, and this $3.85 in the morning at 1/5.9/32 for legislation was duly approved by the 16 ets second half of October. Later People's Council on the 18th. Although business WES reported at 1/51 it has hitherto been believed that the second half of October. The law will not be enacted until January market closed with sellers at 1/5- next, the latest information says that 7/32 October and 1/5) November, the Dutch Government is pushing the buyers at 1/32 higher respectively. necessary preparations to invoke the law for Japanese cotton goods in the U.S. Dollars. Business was done at 341 for near future Japanese traders must December delivery. The market study their policy in order to avoid the same trouble as they have exper closed at lunch time with prob-ienced through the sudden abrogation able sellers at 34 for near, 34 of the Indo-Japanese commercial November and 34.7/16 December,
treaty, buyers at 1/16 higher respectively. Хеп.
$296
(201
$10
39
$101
410
$31
Do.
$1
$3.90
Lane Crawfords........
$3,60
Nanyang Tobacco...
$4.20 13.6
166
Watsons
384
$2.10
Wm. Powells.....
310
M. Greyhounds.
#14
8. U. Enterprises
32
$11
United Theatres...S.
Tal.
$21
Mackintoshsens
$131. Binceren
38.
B. In G. Boods... 77.
K. Govt, Loans.....] $.03]
Wallace Harper.....
$170 BK Wing Oo ......
S'hi Do
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-gratis-upon request. See our investment news on the Financial Page of The Hongkong »Daily Press
Canton Agamia
John H. Ferguson & Co.
32, B. O. Shameen.
Tel: 18624.
ון
Merchants were quoted at 1201 for near delivery
Shangbal Dollara
1113/18 for cash.
Singapore, Sept. 30. "Of late years taxes have been ateadi ly increased...figures show conclusive- ly that these taxes have been quite unnecessary and are unnecessary now and that they have simply been im- posed to swell the growing and enormous reserves of the Colony. That this should be done at a time when the taxable capacity of the taxpayer is at its lowest is obviously economically as wrong as it can be, was one of several striking passages in the speech of Mr. John Laycock, delivered to the annual meeting of the Singapore Ratepayers Association, over which he presided yesterday. evening at the Adelphi Hotel Only.. a few members, however, were present.
{BEUTER'S AMEXICAN" SELVICE. Į
New York: October. 6.
Dow Jones Averages: High-183a
Low: Oct. 4.
30 Industriala
108.37
41.22 38.60
20 Rails
56.83
13.23 42.83
20. Utilities
37.73 89.07
16.53 28.34
20.19
20 up
40 Bonds
Change
Oct., 3. 88.05 42.11. 72 down
:55 down
.16. down
86.78 83.88 84.06
Asia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. Yesterday's up-turn is believed to have arisen from technical conditions. Due to the absence of any important news over night the moderate set-back to lay was logical. The undertone continues firm and the sentiment, generally, remains inore bullish than otherwise.
•
Wheat: The President's speech disappointed yesterday's buyers and the steadiness in Winnipeg caused a late rally of moderate proportions. Export receipts were light"
Cotton: Opened lower on Liverpool cables and continued to decline under the pressure of hedge sales. Speculators are indisposed to commit themselves, pending new developments.
Silver: There has been considerable switching from October to December and prices eased slightly on scattered liquidation. There has been good support for "spot" and December deliveries. Business Done: 1,660,000 shares.
105
6.00 Allied Chemical & Dye ...... 294.00 American Can
American Smelting....
Canadian Pacific
1932
.Div. 8
LAST SALE
HIGH
Low PER. SH.
Oct., 4. Oct., 55.
30%
3.00 Air Reduction
$100
$100.
1424
429
1354
**
911 92
4%*
5
47
47
1371-
70+
842
-44
8.00 American Tel. & Tel:" 6.00 American Tobacco "B
120
120
85+
431
11
1,00 American Waterworks
3
-
Anaconda Copper Mining
931
13 xd.
17.
1814
281
2.00 Auburn ́.....................
BO
21+
41
Bendix Aviation
42
.18
1.80 Borden Company
237
".
201
14
13
103
LO
·J. I Case
701
281
4#
0.50 Caterpillar Co.
21
21
477
178
2.00 Chase National Bank
234 Bid 23 Bid
40+
1.00. Chrysler Motors
477
88
art
3.40 Consolidated Gas of NY
Curtis Wright
200 Druza, Inc.
78
78
IN CHINA APPEAL
TO US..
B54
2.00 Da Pont de Nemours
791
801
361
3.00 Eastman Kodak
18
39
Electric Auto-Lite Co.
6% & Electric-Bond & Share
48
— Electric Power and Light...
7
10
B1
0.40 General Electric
201
Protest Inclusion In NRA Tax Schedule
301
20+
1.80 General Foods
401
34%
100 General Motors?
241
10
27#
B
1.20 Gold Dust
46 214
10%
207-
A Farley Wanted Furthermore, the Datch Govern ment has been desiring to hold trade parleys with the Japanese delegates Shanghal. Dollars were quoted at to the Anglo-Japanese Conference im-FIRMS
mediately after the closing of the Conference. In order to decide their attitude on these problems, therefore, the Japan Cotton Spinners' Associa tion and the Cotton Textile Exporters' Association held a joint committee IN THE AFTERNOON. The market was quiet in the meeting at the Mengyo Club on Men- afternoon.
Shanghai'
Quiet Sellers were indicated at 1/3.7/16, buyers probably at 1/31 for near delivery.
Sterling.
In sterling no business was re- ported, inishing with sellers at 1/5.7/32 October and 1/51 Novem ber, buyers at 1/32 higher, respec- tively.
US. Dollars.
The market closed with sellers at 341 for near and 341 November, buyers at 34.3/18 for near and 341 November.
PHILIPPINE MINING
SHARES
Messrs. Ellis and Edgar have yes terday received the following quo- tations by cable from Manilla of the following mining stocks—
Antamoks, 69c. Bagulo, Gold, 50c. Balatoo P.21.
Benguet, F32 Explorations, 38c.. Big Wedge, 22c..
day (25th) The details of the discus- sions which took place at that time are kept secret, but the Asahi learns that both spinners and exporters have come to an agreement to adopt the the "wait and see polley for time being for the following reasons—
י:
Shanghai, Sept: 20, The American Chamber of Com merge here protested to-day to Pre sident Roosevelt against the inclusion of corporations coming · under the China trade act in the national indos trial recovery administration tax schedule.
The protest stated that such taxa- tion nullides the China trade act and be requests that the recovery law amended to exempt those corporations which are in competition with tax free foreign competitors."
"The Farmer's Volce. 1.-Information so far received from the Dutch East Indies is rather op timistic. Conditions in that country greatly differ from those in British India and the farmers there have "voice. The now import restriction law, for which the protection of domestic industry is given as the Almost 100 corporations in China major reason, is calculated to benefit are affected by the China trade act, the home country, not the Dutch East freeing them from federal taxation Indies itself, so that even if the Go- i that would handicap them in compe- vernment has the authority to invoke tition with foreign firms not so the legislation it will find it difficult burdened. to do so Restriction is also opposed from the point of view of the policy of low commodity prices.
Britain Sun Behind The Scenes during the period when the Anglo- ing such a proposal. Any discussion 2-When the Dutch Government Japanese, and Indo-Japanese parleys again proposes the holding: of parleys | are going on is liable to be steered by between traders, in two countries, mandeuvring by Britain, which is be- therefore, it is better for Japan to hind the scene. The whole situation retain the present attitude of declin- | will then be complicated further.
A
1.Gillette Safety
-0.60% International Harvestér
International Tel. & Tel. 4.00 Liggett & Myers “B” 1.00 Loe's hai Montgomery Ward
2
981-
33
**21
20
500
-30
60%
2.80 National Biscuit.
1.00 National City Bank
281 Bid Bid
120 National Dairy Products 0.60 Ogia Elevator
18
15
15
20
916
4
201
8
42
513
407
67
122. 2.00 Pacife Gas & Electric
Packard Motors
0.50 Fenusylvania Railway.
Radio Corpo
Sears Roebuck.
1.00-Standard Brands.
Standard Gaa
1.00: Standard Oil Co. of
Moderney
Booony-Vacuum Corps, 1.00 Texas. Corporation
Ameri
30
1151131
71