HONG KONG DAILY PRESS, TUESDAY, OCTOBER 24, 1933.
13
MONEY
AND MARKETS
Bellar
Buyers
Balsamina
H.K. STOCK MARKET
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE.)
DAILY SHARE QUOTATIONS
Hong Kong Stock
Buyers
།
Exchange
Beller Rades
$1,823
21338
E132
Pro
£12 $104
Sharebrokers'
MONDAY.. OCTOBER 23.
Banks
Association
H.K. Saaks... $1,813
Do. (London)...! Chartered Banks ... Mercantile Bks. “A”
Do.
2124
Bank of East Asis..
$104
ALL
N. C. & S. Barks
$7
$20
Am. O. Fin. Corp: 8.
મ
$5
Ch. Fin. Corp. Ord. 9.
Da
443
Pref. 8
Fot
Insurances
$325
Canton InstTANCES 2.
$2.10
Underwriters
3675
***
Union Insurance ...
3500
3595
China Fires
$290
$270
TI.K. Fires
International Assce. S.
Shipping
134
1:14:
Douglas ....
$18
Steamboats
$30
Indos (pref.) ......erikai
$35
Do. (def.)
54/4 Shella
***
$13
#EIT!
Watarhonta
$397) $9
פקה!!
YESTERDAY'S OFFICIAL
QUOTATIONS
On Amsterdam Athens
Sterling Parity
Telephones were again the main | Belgrade feature of the market to-day, and Berlic some substantial "parcels changed Bombay hands at ratés varying from 8361 to Brussels -837 cash, and at proportionate rates Bucharest
for forward delivery. Apart from Buenos Aires this, attention was chiefly devoted | Copenhagen to the liquidation of the October Geneva
contracts to-morrow.
19.10 Florins 375 Drachman 278,310 Dinars 930
90.49 Marks. 13.19
18 d. per Rupee 35 Belgas 813,688 Lei
Oct. 10,
5)
Oct. 91
7.90
370
1/6 3/81
90,73)
929 13,418 1/63/64 23.10
3-10
42
47.55d. per Peso
43 O.R.
434 O.R
18.159 Kroner
22.10
92.40
95,22) Francs
18.35
16.63
Helsingfors Hoogkang
193.23 Marka
220}
2263
1/5
1/5
SALES.
334
$18
Hongkong Banks, 81995.
Hutels, 86.80.
Electrics, $76.
A
Telephones, 836)/37.
Singapore Tractions, 2/9.
Lisbon Madrid
110 Escudos
103
107
25.00) Pesetas
37%
381
Milda
Montevideo
Montreal
92.46 Lire
03
50.89d. per Peso
36 Nom.
30 Nom.
New York
4.867 Dollars 4.867 Dollars
4.891
4.681
4.24
4.51
Osla
Cementa (Combined), 8370.
BUYERS.
Hongkong Banks, $1895.
Canton Insurances, $325, Union Insurances, $575. Dongluses. $34.
Antamoks, 75 cents.
Baguio Gold, 60 centa.
Hotels, 864.
Paria
Prague
Rio de Janeiro
18.159 Kroner. 124.21 Francs 164.23 Kronen 26.934. per Gold
10.00
10.90
50 31/32
89.11/32
1061
10013
༢ ་
Milreis,
Shanghai
4O.R. 1/31
O.R.
1/31
Stockholm
18,169 Kronor
10.40
10.40
Vianna...
34.59) Schillings
Yokohama...... 24.58d. per Yen
281
293
14
1/9 11/39
1/37/16
Silver (spot).
18.
13.
Silver (forward)..........
19.1/LA
1183
War Loan
-91%
101 0/16 -
..101.9/16
180 etg.175 cts.
160 ats.
140 ats.
817
Mining
Amtamos...................... 70 ots.
Balatoos
$37
Baguio Gold............
70 ota.
Benguel Consolidated
342
Exploration,
141 cts.
Wadge
30 sts. ex div,
40 st.
130 016.
10
Do.
Do. Goldfeld
Big
Gold Creek....
Ipo Mining..
Itogons
Langkats (single)'9.
#7
Wharves, 81.
29/6
Kallace
25
$161
$18
84.16
Explorations.......
$4.15
Star Ferries, $991,
16.85 Shanghai Loans 8.
181
Electrics. 876.
$12
Tronoh Mines
Ranban
Telephones, $38.
19/
Dairy Farms, $9.13.
#Venezuela Gold Fide. 36.30
Docks, Wharvez,
Godowns, sto.
$126
13.70 $1.35
18
H.K. & E. Wharves.
Providepts (ald)....
Do. (new)...
H.K. & W. Docks
8. China Motor 'A'
$147 Shanghai Docks S.
*
#A
Buildings
"B"
Shanghai Lands.....
Metropolitan Lande..
******
Constructions (New), 50 cents.
Govt. Loans, 3 per cent Prem.
$126
SELLERS.
sal
$1.40
Big Wedge, 10 cents.
917
BA
$147
Do.
$8
New Engineeringsd.
1318
Hongkawi ............enieß.
Lands, Hotels, sad;
382
$8.80
H.K. Hotala
36,40
178
H.K Lands.........8.
$13
$14
7.60
H.E. Healties.......
37?
$154
Chian Do... 9.
$137
Do. Debentures S.
$1
Humphrey
$13
New Asia Hocal
$140
Avis Realties "A"S.
$20
Do,
""S.
1-2
Chinese Estates.....
Cotton Milla
#14.36)
$108
S'bai Cotton...s
813
Yoong Sings.......-S.
seu
Wing On Textiles(S.)
#108 $14 $77.
Public Utilities
$221
Damways.........
$154
373
Poak Trams (ohi)....
Do. (new)...
$32.30.
$16
37+
$99+
Star Ferries
$100
$23
$112.
Chins Lights (old)...
$11.55
#11
Do
(DOW)...
$75
HL.K. Electrics ......
$110 $762
193
Macao da
$10
Sandakan Lights ...)
361/
Telephones.......
138
$38
3:12
China Buses ...... 8.
28
Tractions
13/
Do. (pref.)......
Industrials
$15
Malabon Bugar!...
$21
Caldbeck, Kord.
#
$3.60
$22.88 Yaumati Ferries...
$191 Mogregors (prof.)8.
$6
Canton Ice **** Camente (comb.)...
Do.
(old)...
Da... (dew)...
Miscellaneous
Hopes.
Dairy Farma cerimoni
$:0:10 Ch. Etainmenta.............. 310 13.80
Constractions, (old)
Do
$3.96^|| Lane Crawfords..............
$15
15
$32/3 80
$31
10 cts.
373
FURTHER SIGNS
OF RECOVERY
Big Jump in British
Motor-Car Orders
London, Sept. 26
Further indication of the gra-
dual recovery of British trade
(IN LONDON ; ----
Closing Quotations
Telegraphic Transfer... Bank Bills, on demand 1/42 Bank Billa, 4 months'
Kight
Credits,
sight.
ON NEW YORK:-
October 23, 1933.
Os Kons
On Demand...
On demand
101
ON MANILA:-
......1/8. months”
On demand
(3) nom
ON SINGAPORE
1/51
On demand
80
ON BATAVIA S
On demand, ........
$6
ON SAIGON-
On demand 4.
Bank Bills, on demand 317, nom Credits, 60 days' sight,. nom
ON PARIS →→
Book Bills, on demand 675 Oredita, 4 months' sight 615 ON INDIA
: }s
Telegraphie Transter... } Bank, on demand
MANILA
ROPE
STANDARD
was provided from three sources Can Be Met By Good
yesterday.
Birmingham and Coventry
motor-car
manufacturers report great increases in orders:
Wool prices rose from 10 to 15 per cent. above recent levels. and are now 50 per cent. higher than
a year ago
"
Tyne coal and coke shipments in July and August were 50 per cent, above last year's levels.
FACTORIES WORK DAY AND NIGHT
Birmingham, Tuesday.
||
Materials
Manila-The new federal ape- cifications for Manila rope do not set up дот standards
would that
be difficult to follow locally. The basic idea was o develop an inspection test which would be final and conclusive.
This fact has been brought to the attention of Governor General Frank Murphy by a member of his staff, Lieutenant-Commander J. E.
nan
ON BANGXox:-
On demand Soyzations, Bank Buying.
Rate Bay Silver, per os.
133 com
1/52 18 3/19
THE EXCHANGE MARKET
MESSRS. ROZA BRÜS.. REPORT
Messrs. Roza Bros. have for- warded us the following exchange market report for yesterday:
Silver prices rose over the week- end to the extent of 3/16 for Ready and 1/8 for Forward, the quota- tions being 18 3/16 and" 181 respectively. Silver advices re- ported China as having bought. offerings were small The tone
was steady, In America the rate rose 1/8 to 37 1/8. The tone was steady.
"
New York advices reported the opening rate at 453 and the closing
Market.
Dull, the tone was steady.
Sterling.
In the week following the Kiernan, technical adviser on abip-rate at 4.52. The market was dull. announcement of their new mo-ping mafters.
orders dels, the
received by
It hánnons that Commander Kier- Wolseley Motors were more than
was chairman of the cordage. double those of the corresponding committee of the Federal Specifics- week last year it was reported tion Cord for three and a ball! to-day.
years and it was during this time A similar encouraging report that the new specifications were
the Austin Motor developed. comes from
ly 1/5 5/32 could have been ob- Company. "Our sales for 1932-33
tained for October, 1/5 3/16 No- Newspapers in Manila recently vember and probably 1/5 7/32 De- were more than 17,000. cars ovez those for the previous year," said published articles expressing the cember, buyers at 1/5 1/32 Octo-
of the Philippine concern
rope ber/November and 1/5 1/4 De- the new federal re- makers over
cember. It is believed that quirements. much of this concern is due to the
$31
130 sta
#TA
$19.10
$291 $20.00
言。
Der A Wing..acator
810
Amusements.
10
$3.10
***
.80 ats.j
(new) 185 cts.
$3.60
$21
Mackintoshs
Sir Herbert Austin. "The recent announcement of Our 1933-34 programme has been even better received, and our expectations for the new
season are correspond- ingly increased.”
$4,20
$14
Sinceres ***
181
W
$2.10
$20
781.
prem
HE, Govt. Losas.....] $108)
$8
$176
$145
Nanyang Tobacco...
aksona
FOR A
Powells
M. Greyhounds....
S. C. Enterprises.
United Theatre...8..
B. Ind. G. Bonds... 77%
Wallace Harper......
170 H.K Wing On
B'ha Do.
38
ཨ
12
RISING WOOL FRICES
ور
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco.
Speed with
TO SAN FRANCISCO 19 Days
via Shanghai, Kobe, Yokohama, Honolulu
Comfort.
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
· Fortnightly sailings
Fortnightly sailings Prus. Mckinley...Oct. $4, Midnight Fres. Jafferson...Oct. 87, Midnight Free. Boover ....Nov. 7, Midnight. Pres. Grant..... Nov. 10, Midnight Pros. Taft.....Nov. 21, Midnight Pres. Cleveland ...Nov. 24, Midnight Pres. Coolidge. Dec. 6, Midnight Fres. Jackson Dec. 8, Midnight Fr. Pierce.Dec. 19, Midnight "Pres. Jefferson... Dec. 7o, Midnight
ROUND TRIP FARES. TO 'EUROPE & AMERICA.
Direct
Special through rates to Europe vin United States. connections with all Atlantin lines. Choice of rail lines serosa United States and Canada, liberal stop-over privileges for Sight-seeing. Full particulars upon application.
Fortnightly via Suez to Europe & Amserica
Fortnightly sailings on Saturdays via Manila, dizaits, Colombo, Bombay,
Suez Canal, Alexandria, Naples, Ganda, Marseilles, -
New York and Boston
Free. Van Buren ...Dec.
9. 8 a.m. ~ Pres, Garfield ..... Dec. 23, 8.a.m. Jan. 6. Bam. Pres. Folk
Pres, Hayes .................Oct. 28, 8 & 1 Pres. Johnson......Nov. 11, 8 am, Pres, Monroe.........Nov. 25, 8 sm..
TO MANILA A
Next Sailing...............................Pres. Hayes Oct. 28, 8 a.m.
Pres. Hoover Oct. 31, 6 p.m. Free. Grant Nov, 46pm. Pres. Johnson...Nov. 11, Bam.
Pres Taft.Nov. 14, 6 pm.. Pres. Cleveland.....Nov. 18, 6 pm. Pres. Monroe... Nov. 25, 8am.
Connecting with 8.8., MAYON To CEBU, ILOILO, ZAMBOANGA
STEAMSHIP LINES
DOLLAR
AMERICAN
NEW
MAIL LINE
PRODER JUILDEG-HONG KONG,
CANTOM BRAMON 1—4, XHAKUR ROAD.
YORK STOCK EXCHANGE
ASTA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 08350-Gloucestor Building, Room 308.
(REUTER'S AMERICAN SERVICE)
Dow Jones Averages: High-1932
New York: October 21.
30 Industrials
108.27
30 Railr
56.53
37.73
89.07
20 Utilities 40 Bonds
Low: Oct, 20. -Qct, 21. Ubanke
41.£2 86,83
13.23 34.37
83,64 2.59 down 34.10 1.27 down * 16.63 23.78
23.14 .62 down 65.78 84.21 84.17 ".04 down
Asia Lands, Limited, has received the following report from their New York correspondenta, E. A. Pierce & Co. Liquidation has evidently not yet been completed. There are no grounds to anticipate when the market will definitely regain ita stability. At present we think the best trading policy is to do little except for a little bolder attitude in buying on any further weakness.
}:
Wheat: Opened strong, in spite of the Liverpool parity. Later the market eased but demand increased towards the close, on expectations of a constructive massage from President Roosevelt on Sunday night.
Cotton: An early advance attracted Southern selling. Trade dem- ́and was small, Sentiment seemed somewhat friendly.
Silver: Trading was rather slow. Some scattered selling took place when the stock market sold off. There offerings were readily absorbed by traders
י
Business Done: 1,280,000 shares.
1932; Drv. 8
LAST SALE
Nothing doing.
HIGH The market opened with sellers at 1/5 1/8, buy- ers bidding 1/5 3/16. Bubsequent-
Low PR. SH.
Oct., 20. Oct., 31.
103
30%
3.00 Air Reduction
129).
1201
142
423.
6.00 Allied Chemical & Dye
· 864 85.
97
*98
4.00 "American Osa
384
311
42
5
American Smelting.
1372
70+
9.00 American Tel. # Tel. ......
1147 112)
942
44
5.00 American Tobacco
B·
19# 187
437
1.00 American Waterworks
22
Anaconda Copper Mining
37
1514
284
2.00 "Auburn
11
102
Bendix Aviation
21
22
20%
1443
18
1.80 Borden Company
11 .117
20
103
164
·J. I Case grensesi
584
171
294
204Bid 20Bid
47%
17
49%
40%
68
U.S. Dollars.
a couple of transactions were arranged at 32 1/2 for near dellvery. The market closed at lunch time with sellers at 32 7/16 October and 33 1/2 November, buyers at 32 9/16 October and pro- bably November,
Yen.
Iact that these new specifications The market opened with sellers prescribe a method of "test which at 32 7/16, buyers bidding 32 1/2 In order to cope with the de- is unfamiliar to the manufacturers Later $14.10 mand for new cars. Singer and in the Philippine Islands.
Co. have been working night The old federal specifications pre- shifts both at their Coventry and scribed a quality of rope sufficient Birmingham works and work was to meet the needs of the govern- continued throughoup Sunday,
ment: In the transaction of the government business, the finished product is inspected before delivery There was not a vacant seat is accepted and payment made. In in the Wool Exchange at Cole- the latter years of keen competi-1/2
man-street, London, yesterday, tion, many manufacturers had the when the afth series of wool sales tendency to make the rope close to started, and buyers shouted the minimum prescribed themselves hoarse in their eager- The result was that in the manu ness to snatch up the offerings.facturing process the rope would Bradford led the buying, closely sometimes fall below with resulting followed by Germany, and of the rejection and many arguments on
Quiet, Bellers were indicated at 1/3 $/18 October/November, buy- 11,000 bales put up fully 85 p.c. the part of the manufacturer. ers at 1/3 3/8 second half Noyem- were, sold..
The government finally decided | ber. Merinos advanced 12 to 15 DC to develop a method of teste: about while medium grade cross-breds
IN THE AFTERNOON. were up by fully 15 p.C. Fine which there could be no question.
The market was dull in the grading types improved by 10 The physical tests are left prac afternoon. p.e., and coarse styles, were 10 to tically as before. For many years
Sterling 15 p., higher.
Tope has been judged as to its
Business was done at 1/5 5/32 quality and durability on color to a large extent, With this in mind, for near and 1/5 1/4 December, Coal and coke shipments in the government's first attempt, necipsing with sellers at 1/5 5/32 for mear, buyers at 1/5 7/32 for near cording to Commander Kiernan, delivery.
Asia Lands Limited
Gloucester Building Tel. 28880- 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
Conton Agenta
John H. Ferguson & Co.
0. Shameen,
Tel. 18624.
41
!
COAL SHIPMENTS
7-98
Canadian Facilio
4 0.50 Caterpillar Co.
2.00 Chase National Bank
1.00 Chrysler Motors
3.40 Consolidated Gae of N.Y.
Curtis Wright
100 Drugs, Inc.
2.00 Du Pont de Nemours
-Electric AutoLite Co.
3.00 Eastonau Kodak
Merchants were quoted at 118
for near delivery...
324
%s. Electric Bond & Share
48
Shanghai Dollars
18
d
Were quoted at 111 9/16 for cash.
301
Electric Power and Light... 0.40 General Electric..........
32
1.60 General Fooda...
401
34t
1.00 General Motora
10
10
Shangha!.
242
1. Gillette Safety
17
161
1.20 Gold Dust
331
27t
0.80 International Harvester
*46*
(90) | 80
214
34
971
374
44%
28
22 Bid 29, Bio
183
100 National City Bankeroe
131
131
10
1.29 National Dairy Products -0.60 Otis Elevator du
12/
19
2.00 Pacife: Gas & Electri
3
July and August. at 2,174,467 tons, was to determine the mass color of exceeded those of the same period the finished rope. The problem was
U.S. Dollar
last year by 277,318 tons, or near given to the bureau of standarde Business was done at 32 5/8 for by 15 per cent., it was reported in Washington, and it was finally near, delivery, closing with sellers to the Tyne Improvement Com-realized that any determination of at 321 for near, buyers at 32 5/8 mission at Newcas6le yesterday.
Coal bunkers in the same period mass color se such meant a com- near.
parison with another standard, thus were increased by 53,000 tons, and oil fuel bunkers by 1,500 tona, leaving the matter again to judg-
ment."
was developed. Rope made strictly At the Blyth Harbour Commis- sion meeting yesterday it was As a result of these experients in accordance with the old specifion- reported that the coal shipments the method of determining the tious and with a good grade of cor- for, the first eight months of this Broker value or the percentage of dage oil will meet the require- year exceeded those of last year reflection of the fibers as compar-mena of the new in so far as the by 16 per cent,
ed with a standard white surface Becker value is concerned.
67%
International Tel. & Tel. 4,00 Liggett & byen "B" 81.00 Loew's Inn E 2- Montgomery Ward mitand
280 National Biscuit
Packard-Moters ...
0.50 Pennsylvania Railway Radio Corpn..
Bears Boebuck
***
1.00 Standard Brands
1.00
Standard Gas
Standard Oil Do," of New.
Jersey Socony-Vacuum Co
1,00 Texas Corporati
Trane America
1.00 Union Carbide & ago Union Pacife Sup
Jorted Air and
0.40 United Corporsál
* United States: Beech
WestinghouS":FAL