DAILY SHARE QUOTATIONS
#t
Hong Kong Stock
Exchange
Buyers Balleri Sales Nominal
SATURDAY." OCTOBER 17.
$325
$570
32.10
***
$330
Banks
H.K. Banks 31,815
Mercantile Bks. "A"
***
RAISE FUNDS
Eisi Meeting A $20,000,000
expetises
Shortage
Bucharest
12.10 Floring 875 Drachmae 278,318 Dinars 20.43 Marks
18 d. per Rupee
12.98) 1/6.3/04 02.20
HONG
KONG DAILY PRESS, WEDNESDAY, OCTOBER 11, 1933.).
MONEY AND MARKETS
Sharebrokers' Association
Baller
Buyer
Aroma Houltre
MR. SOONG TO
LONDON EXCHANGE RATES
$1,810
21304
Da (London)....
218
Chartered Banks...
£20) £12
£95
Do.
$103
Bank of East Axia.....) $104
N. O. & 8. Barks
$7
120
Am. O. Fla.Corp: 8,
Ch Fis. Corp. Ord. s.
Do. Prol. S
Insurances
$327
Canton Insuratious .....
$1.00
Underwriters
$565
Union Insurancea ...
$500
China Fires
$290.K. Fires***********
$210
International Assce, S,
$341
$18
Steamboats
$30
Indos (pref)
135
Do (def.)
58:3
Shells
$15
$1.00
$1.53/05
Amtamoks
$37
Balatcos .....
97 cts.
Baguio Golt.....
47
Benguet Consolidated
11
B0 ct..!
Do.
Exploration 45 cts:
30
Do.
Goldfield
..
Big Wedge
$9
Gold Creek.....
・Toogons .....
Kailang
$51-
Langkats (single) 9,
118
Explorations.....
Shanghai Loans S.
Shanghai
(BRITISH WIRELESS SERVICE)
On Amsterdam Athens...
Sterling Parity
Belgrade
·Berlin
Bombay
Brussels
Det. 7. -7.68
333
Out. D.
7,60
157)
997
99.40 1304)
227
1/51
103..
12.071 1/66/32
30 Belgas ........ $13,588 Lei 47.36d. per Peso
18
5921
5991
43 O.R.
78.159 Kroner
28.40
26.29 France
18004
*193.23 Marks
Holiday
Milan.....
Montevideo
t
Montreal
New York Oslo
110 Escudos 25.22 Prsetny **9246 Lire 30.88d. per Peso 4.867 Dollare 4.667 Dollars
87.1/33
1021 36.15716
37.1/32
38.15/18
37 Nom.
37 Nom.
4.781
4.78
4.691
4.09
18.159 Kroner
19.90
19.00
194.21 Francs
-79 1/92
78 31/39
Rio de Janeiro
184.25 Kronen 28.93d. per Gold Milreis
1041
104
48 O.A. 1/3
18.40
28 Nom.
1/23/18- 18.7/18 18.0/16
31%
18 9/16" 101
11 O.R.
1/3/7/18 19.39 98, 1/23/18 18.
PRESIDENT LinersS
13
Fastest Time Hong Kong to San Francisco.
Speed with Comfort.
To SAN FRANCISCO 19 Days: TO VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe,
via Shanghal, Kobe, Yokohama Yokohama, Honolulu
Fortnightly salinga na Pros. McKinley...Oct. £4, Midnight Pres, Hoover ..... Nov. 7, Midnight Pres. Taft......Nov. 21, Midnight" Pres. Coolidge Dec. 5, Midnight
Fortnightly sailings Pres. Jackson Oct. 18, Midnight Pres. Jefferson...Oct. 27, Midnight Pres. Grant...Nov. 10, Midnight Pros. Cleveland ...Nov. 24, Midnight Pres. Jackson....Dec. 9. Midnight
ROUND TRIP`FARES TO EUROPE, & AMERICA.
Direct Special through rates to Europe via United States. connections, with all Atlanmo ́lizes, Choice of rail lines scross United States and Canada, liberal stop-over privileges for Sight-seeing. Full particulars upon application."
Fortnightly via Suez to Europe & America
Fortnightly sailinge on Saturdays via Manila, Straita, Colombo, Bombay, Suez Canal, Alexandria, Naples, Garica, Marseilles, New York and Boston.
Pres. Harrison ......Oct.' 14, 8. Pren. Hayes....Oct. 28, 8 data Pree. Johnson Nov. 11,8 m.
"Pro. Monroe........Nov. 25, 8 a.m. Pres. Van Buren ...Dec. 9, 8 alin. Pres: Garfield ...Dec. 23, 8 am
TO MANILA
Next Säiling
Pres. Harrison Oct. 14, 8 a.me Pres. Hoover ...Oct. 31, 6 p.m. Pres. Grant ......Nov. 4,8 pm. Pres. Johnson .....Nov. 11, 8am.
Prez, McKinley......Och 17, 8 pm. Prom. Jefersoni ......Oct. 11,6 km. Pres. Hayes
Oct. 28,8 mm.
Connecting with 8.§. MAYON To QEBU, ILOILO, ZAMBOANGA
STEAMSHIP LINES
DOLLAR
AMERICAN
MAIL LINE.
35 eta.
+4
$7.00
$12.85
*695
Shipping
Douglases".....
Waterhoata
Mining
F181
Ipo Mining...
84.15
$0.86
$12.30 Raubs an
Tronoh Mines.......
351 Venezuela Gold Fida, $5
Docks, WhaTTRS,
Godowns, sto.
H.F. & K. Wharveá. Providente (old)
Do
(new) ...
11.K. & W. Docks...
S. China Motor1 A'
Dh.
Bulidings..
H.K. Hotels
***
10-11
LE
$3+
$18
$30
$35
58%
$15
100 cts.
$43
The shortage of $10,000,000 military which are overdue and another $10,000,000 for the present military and political expenses formed Buenos Aires the of discussions in Mr. T. V. † Copenhagen
topic Seong's residence on Saturday mor Geneva ning, it was revealed by Mr. Sun Fo, Helsingfors President of the Legislative Yuan, in Hongkong an interview with press represent Lisbon atives.
lo stated that during the Madrid conference it was decided that as, a temporary incasure, Mr. Boong would rise funds to meet the emergency, but the meeting arrived at no definite decision as to bow to curtail the present expenses or how to make both ends meet monthly.
Mr. Wang Ching-wei, President of the Executive Yuan, who arrived from Nanking on Friday night to attend the 63 ata. conference, called on Dr. Kurt Nol a he felt he was not in good health, hence delaying his departure. He was to leave for the capital Inst night. Dr. H. E. Kang, who also participated in the conference, took an aeroplane for "Nanking on Saturday afternoon. It was reported that he would proceed to 114.70 ae Gen. Chiang Kai-shek jointly with 17/6 Mme. Chiang, who left for Nanking by aeroplane on Saturday morning.
$4.15
$8
5187
$31 $3.40
#17
$51
$147
38
$7.00
$126 $137
$127
$3.20
11.35
$16
**R*
38
$147
Shanghai Docks 9.
$8
New Engineerings.
$348
Hongkew
Lands, Hotels, and
16.6
3771
$0.00
$78,
H.K Lands.........9.
179
$43
Stanghai Landa...E,
$14
Metropolitan Lande.."
$7.65
HK Realties.****..*
$15
China Do
$137
Do. Debentures S.
Humphreys
$134
New Asia Hotel
$140
Asis Realtica "A"S.
$20
Do.
"3" 8.
192
Chinese Estates..
Ootton Mille
$14.50 Ewca
$14.49
$108
B'bai Cottons... Se
#108
814
Zoong Singemen
B111
$20
Wing On Textiles(S.)
$77
Public Utilitieg
$221
$29.50
Tramways ******
$21.60
$15
Peak Teame (old)...
415
$73
Do (new)...
37
$99
Star Ferries
*901
$23.
311.23 $11.40 $78
312
$76.80
$23
Macso do.
$104
Bandakan Lights ...]
$35
*33
1354
26
329 1292
$0 ats.
Yanmati Ferries
China Lights (old)...} $11}
Do. (new)...
H.K. Electrics ......
Telephones... China Buses...... 8.
Tractions.
Do (pref.).. Industrials
Malabon Sugurs.... Caldbeck, Tord.) 8.
Macgregoref(pref.)8.
144
་
Following the aunouncement of the financial difficulties confronting the Government at present, the Govern ment leaders reiterated yesterday that the 0.850,000,000 American cotton and wheat loan would not be used for any purpose other than that of reconstruc.
tion.
Gen: Huang Fu, Chairman of the T'eking Political Council, who has been delayed here due to financial problems, is to leave for the north early this week. He told press representatives yesterday that his present task in the north is to improve financial con ditions and to bring relief to the rural districts there.
Paris...... Prague
'Shanghai
Stockholm Vienna Yokohama Silver (spot)
Silver (forward) War Loan
(N LONDON-
18159 Kronor 34.58 Schillings 24.58d. per Yea
Closing Quotations
October 7, 1431,
Telegraphic Transfer... Bank Bills, on demand 1/4 Bank Bill, 4 months"
sight...........
**se+ ?༼k months": Credits, 4
sight
1/82
ON NEW Your:-
OK
Bank Bille, on demand"33) com
Credits, 60 days' sight.. nom PARIS
Bank Bills, on demand s50 Credits, 4 months' sight 690 ON INDIA-
ri
Telegraphic Transter...
Bank, on demand ... i
Striking Improvement In
British Trade
Adverse Balance The Lowest For Ten Years.
(Special Air-Mail Service)
London, Sept. 19.
seas have tatlen, compared with A remarkable improvement in August of last year, by £25,488, im- | 311 40] Britain's trade during August-por- ports of raw material for manufac
mally the lackest month of the ture by British workers have in- year-la revealed in Board of Tradecreased by £4,723,103, in eleven out returns, issued yesterday.
of fourteen ólassifications. The in- The figures explain the progres-dividual increases are: sive increase in employment—57,000 Wood in August and 48,000 in a year-Cotton and confirm the reports of wide- Wool spread trade improvement.
During August, the returns show: Exports and Re-exports totalled £33,297,14-an" increase of £1,126, 124 on those for July and of £3,253, on those for August last year. Imports totalled £86,761,468—an increase of £3,048,231 on those for July and of £3,432,077 on those for. August last yera.
144
$IM
321
319
36
$3.80
$3.80
Canton Ice mana Cements. (comb.)...
$3.85
***
Do.
(old)...!
131
50 ubs
Da
(DAW)...
15 ata.
#71
Roper
172
Miscellaneous
Dairy Farmina
1291
***
Der A Wings....
$10
Amusergente ****
19
310
Ch. E'tainments...... $10
23.10
Constructions, (old)
$31
Do.
(new)90 cta.
$3.90
Lane Crawfords..
$3.80
$4.20
$13
Bincares
Sa+
WAT202...........
$2.19
Win
$10
#1
5. C. Enterprises
SIT
United Theatres ..... 8.
78%
B. Ind. G. Bonds...} 77'};
if E. Gort, Loans...) $103)
$8
1170
H.K Wing On
year. over
$175
$145
Mackintoshs
"Nanyang Tobacco...
Wallace Harper
Do
000,000,
Hides Non-ferrousores Oilseeds, &c. ... Various textiles Paper iron ore Rubber Mining products
of
ON SHANOBAL :—
On Demand... mi 10
On demand
On demand
Us Bitdown
On-demand
118
וי
PRODER BUILDING-HONG KONG,
QARTON. BRANCH:—4, RELKEE ROAD,
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
ON KOAK:-
On demand
ON MANILA :-
On demand
ON SINGAPORE
60
OK BATAVIA:-
638
05
ON BANGKOK :—
On demand
132
SOVEREIGNS, Bank Buying
Rate
1/64 181
Tel. 28380-Gloucester Building, Room, 304.
AMERICAN SURVica]
BAR. SILVER, per ok
Canton Silk Market
From the Kwangtung Raw Silk Testing Bureau, Department of Re- construction, Canton, China;-
Canton Quotations.
October. 1. Extra OS. 33/15, ELK. $830N. Small Extra 0.8. 13/15, H.K.
#580N.
Crack NS. 14/16 HK 8470N. Extra Extra 20/22, HK. $450N. Waste N.S: Open, H.K. 495N.
Fokohama Quotations. 'Spot, Yen 755
Bonrse 6 Months, Yen Tis.
£1,813,355 Prince Otto von Bismarck, Act- 1,028,434 ing Charge D'Affairs at the Ger- 795,219 man Embassy in London, called at 275,931 the Foreign Office on Saturday 290,273 | morning and had a 'conversation 169,119 with Sir John Simon on the Dis- 161,956 | armament question.
181,965
100,513
€2,113
(owb)
59,689 178,970 For the first eight months of the year potato imports totalled only 3,732.406 cwt. compared with 15, 166,492, cwt in the corresponding period of last year. The fall in foreign tomato imports was accom- panied by a marked increase in those from the Channel Islands. £824,112 Automobilé exporta showed a big
426,619 improvement in August.
Private 373,575 cars exported totalled 1,959, com. 192,714 pared with 1,411 in August, 1932, 183,447 India was our best customer, taking 144,001 298, compared with 9I, Malaya 105,369 took 77 and New Zealand. 133, com- 01,994pared with 14-and 67 respectively. 30,179 In the same period imports of for 35,290 | eigns cars fell from 445 to 414. *. 63,386 How exports, of other classes of 27,318 vehicles improved is shown in the
2,341 following figures:
98,035 Exports of fifteen out of twenty classifications
manufactured In the first eight months of the goods showed increases during Au- year the adverse balance of trade, gust, the total improvement, com- compared with that for the corres. pared with the corresponding mon ponding period of last year, has th of last year, being £2,257,329. een reduced by £54,612,000 from The trades benefiting were as fol
lows: £134,013,000 to £100,331,000,"
This is the lowest adverse balance Non-ferrous metals 313.55 since 1923. In 1928 it reached £320, Woollens
Various Revenue returns issued last night | Vehicles ahow that, since the beginning of Iron & Steef the financial year, $290,302,045 has Leather been collected£6,000,000 more than Electrical at the corresponding period last Cutlery, c
of expenditure Varias textiles has been reduced Apparel from £98,280,000, at this time that Machinery year to £4468,000,
Pottery, &o Rubber Coke; &c. Wond
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 Agents
John H. Ferguson & Co.
32, R. O. Shameen.
Tel: 19624.
The excosa revenue
j
EMPIRE GOODS,
17,542
2,529
Commercial vehi
olen Motorcycles Pedal-cycles
EFFECT OF TARIFFS £122,808,000 Drop in Importe How the rise in the adverse trade balance, which reached, ite height in 1928, has been checked by the
Big Jump in Consumption Most striking are the increases in measures, adopted by the National Government is shown in the fallow British consumption of Empire pro-edal ing, table, which gives the adverse ducts. Outstanding examples, com- balance for the first eight months pared with last year's imports, in-
clude: of each year since 1923: 1923 i 1984 ....
1995
1990.
1927
1920
1930
[931
1932
1933
N. Zealand.
£123,250,000 £189,247,000 £948,869,000 £1273,837,000
£920,065,000 £310,610,000 N. Zealand
Canadian bicon
(ewt.) £349,414,000 butter (cat.)
£246,003,000 cheese (cwt.) 172,043 2248,021,000 Austrálian eggs (great £184,943,000
43,982
Now York: October 9. Dow Jones Averages: High-1939 Low: Oct., &
Oct. 7. Change
30 Industrials
108.27
41.99 98.00
96.72 1.62 up
90 Rails
56.53
13:23 41.-4.
42.98 1.14 up
20. Utilities
37.78
18.53 25.77
2018 71 up
40 Bonds"
89.07
·85.78 85.15
84.2E Us up
Asia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. We liked the action of the mar ket to-day, although there was no definite nea to back it up. It looked. as though the list is awaiting development of constructive news and the feeling is more confident that it will eventuate shortly.
Wheat: Urgent liquidation seems temporarily to be over the grain.. Trade expects that something important may be announced this afternoon at the press conference with the Currency Comptroller.
الى
Cotton: The Government report indicated a yield of 12,886,000 bales, which is larger than was anticipated. However, the market advanced after the report was published.
1.
Silver: Quiet and irregular. The trading feature has been the swit ching of December to March at 85 points and January to March at 46 points.
Business Done; 1,250,000 shares."
American Smelting....
1332 A Div. $..
LAST SALI
HIGH 105
Low PIE. SH...
Oct., 7. Oct., 9.
30f
8.00 Air Reduction
· SIC31
$105)
1421
423
8.00 Allied Chemical & Dys mini
139
142
97
93
951
424
5%
45
.44
1371
700.00 American Tel & Tel
14
131
011
44
40
II
5.00 American Tobacco "B 1.00 American Waterworks
8JA
S
221
3
Adaconids Copper Milling ...
1511
284
2:00 Auburn
.10
21
4
Bendix Atlátíða
43+
18
1.60 Borden Company
·48)
·15)
7
Canadian Pacific
201
103
10
J. I Caso
.20
4.
0.50 Caterpilla Ca-
.47%
17
2.00. Chase Nationā) · Bşok
1.00 Chrysler Motors
Bid
2Bid
68
#1
3.40 Consolidated Gar of N.X
Curtiss Wright
233.00 Drugs, Inc. ---
851
891
·321
48
18
301
19
1.00 General Föddes
Aug, Aug,
401
1933
1032
341
1.00 General Motors
10
1.00 Gillette Safety
241
1.20 Gold Dust
238
160
270
0.80 International Harvester
.1,172
850
48
14,302 10,368
214
973
B
·1,00 Low's-1.0.
374 991
LOCOMOTIVE. EXPORTS
More Orders to Come
Aug, Aug, A firm indication of further big 1933 -1932 business for British engineering firms is provided in the export of 30,311 11,230 locomotives, moteri
In August, no fewer than 1,538 225,772 101,717 locomotives were exported, com
pared with only 173 x year before India, which took none in Angust last year, took 119 this year, 9,900 This remarkable hundreds) 4; 18,019.
improvement [] provides striking confirmation of £160,231,000 S. African oranges
20,549 188,190 the secretary of the Sheffield Cham...
The effect of the tariff policy, is
(cwb.)
demonstrated in the reduction of Imports of wool, hides and skins ber of Commerce, quoted in The imports by 235,664,000, compared from the Empire also increased Daily Telegraph on Sept. 5, tha
with August, 1939, and by £192,809; 200 compared with Augint, 1831.
RAW MATERIAL IMPORTS. Up By Nearly £5,000,000.
Against these increases in imports of Empire goods, the tariffs have reduced foreign imposta, notably;
Aug, Aug, 1933 1932 While the imports of manufactur. Potatoes (out).... 69,384 320,689 ed articles employing labour over Dutch tomatoes
some fifty foreign countries which had postponed, railway development and renewals during the depression were now beginning to place orders. Substantial business from this quar ter is confidently expected in the near future
ون
2.00 Du Pont de Nemoura v 3.00 Eastman Kodak A
Electric Auto-Lite Co.
$0%- Electric Bond & Share An
Electric Power and Light.
0.40, General Electric
International Tel. & Tel.
4.00 Liggett Myers
Montgomery Ward
2.60 National Biscuit
100 National City Bank
1.20, National. Dairy Products 0,60 Ofis Elevator.
193
13
32
207
492
28Bid Bid
∙10%
148Bil 14
at
2.00TM Pacific Gas & Electria
Packard Motors
204 Bid 21
4:
6.50 Pennsylvania Railway
201
305
42
77
49
37P
1.00 Standard - Brenda
281
133
4077
67
Radio Corpn.,
Sears Roebuck
Standard Gas) (200
1:00, Standard Oil Co.
Söbony Lesimd 931,00. Texas Corporati
Trans-America
100 Union Carbide d
• Sami Union Baciña 15
United Air and Tra
040 United Cor
United Blades Seed