HONG KONG DAILY PRESS,
WEDNESDAY, DECEMBER 27, 1933.
13
DAILY SHARE QUOTATIONS Sharebrokers Hong Kong Stock
Association
Exchange
SATURDAY, Buyers Dulfers
Do.
***
MONEY AND MARKETS
Buyers Bilfert
Bal
Halaat
DECEMBER 23
WOOL MARKET
Banks
$1,836
31,835
H.K. Banka
$1,890
2132
Do. (London) ...
215
Chartered Banks ...
#15)
Japan And The
298
Meresatile Bks. "A"
225
£18
£19
Wool Traders
3101
Bank of East Axia.....
300
N. O. & S. Banks
$7
$20
Am. O. Fin. Corp: 8.
Ch. Fin. Corp. Ord. 5.
Do.
Prof. 31
Insurances
Canton Insuranose......] $310
$300
147
$1.60
Underwriters ...............
$530
5600
Union Insurances ...
7580
·3525
China Fires
wi
H.K. Firesg
$260
International Assoc. 3.
$256
Shipping
$346
Douglasen or $34)
#16
Steamboats
$30
Lados (pref.)
$35
Do. (def.)
50/74 Shell.
$15
Watertcuts
$16 3.30 $35 38/- $15
Mining
83 ets.
Amtamoks...
Balatcon
60 ota.
Baguio Gold
$36
Benguet Consolidated
Do. Exploration
Do. Goldfold
35 at
Big Wedge
19.
Gold Creek..
19
Ipo Mining...
171
Itogons
23/3
Kallans
$18
Langkate (single) 8.
34.23
Explorations...
16 65
Shanghai Loans 3.
$18 $4,45 38.865"
112.8. Raubs......
Tronoh Mino******
197-
36
Venezuela Gold Fida
$51
Docks," Wharves,
Godowns, ato.
$117
H.K. & K. Wharves. £1165
19.80
(new)
jex div. 334
ex
30 ot.
30 oth
11
Do.
RAIDYA
2.
Providents (old). 39.75
H.K. & W. Docks..
S. China Motors' A'
Do.
Shanghai Docks S.
New Engineeringa.
Hongkew****
#
HK Landa.........8. $70
Aria Realties "A"
Do
Cotton Mille
$117 S'hai Cottons.....
76 ota
45 obs
338 |13 at31⁄2
29 eta.
95/-
180 ot..
214
$148
38
#6.15
$166
零片。
$149
$7
$351
D
Lands, Hotels, and
Boldings
26.20
H.K. Hotels
$70
$704
$304
Shanghai Landa...S.
$14
Metropolitan Laads..
$8.70
H.K. italties....
36
2131
China Do
$137
Do Debentures S.
$12
Humphreys ****
New Asia Hotel
$12.10
150
*
$140
$20
$87
Chinese Estates..
313
$13
Ewos
+118
813
Zoong Sings...... S.
$131
$70
Wing On Textiles(S.)
170
Pabllo Utilities.
$81.30 Tramways
3212
$152
Poak Trams (old)...
115
*172
Do. (new)...
17+
Star Ferries
$101
$24
Yaumati Ferries. 322)
***
China Lights (old)...
$9.80 $9.30
#731
H.K: Electrica、................
$73
$231
Macao do.
1104
230
Sandakan Lights... Telephones. C. Hta
$30
125.
Do.
$104
$11
$112
3/-
Tretion
10/
Do. (pref.)...]
$15
Malabon Sugars
$101
$9.70 59.60
11:
Do. (now).....
LE
Do. Rights
China Buses........
Industrials
321 Caldbeck, Word.) 8.) $191 Macgregors (pref.)8.
$2. Canton Ice
Cements (comb.)...]
Do..
(obil
Do." (15W)** Ropeo.............
Miscellaneous
Dairy Farron
FRENCH TRADE INT. TELEPHONE
WITH CHINA
Two Years Heavy
Drop Checked In 1933
Marseilla, Dec, 20. The heavy drop in French trade 1931 and with China recorded in 1909 was checked during the first nine months of, 1933, M. Saussine, Commercial Attaché in French China, told a group of exporters at the Chamber of Commerce here yesterday."
PROFITS
Net Income Improve-
ment During 1933
The consolidated net income of International Telephone, and Tele graph Corporation and associated companies for the three months ended September 30, 1933, amount-
to $403.06.03 compared with 821,940.33 for the three months. ended June 30, 1903, and a loss of 854.961.01 for the first three months incime is due in part to increased of 1933. The improvement in net general business activity and also
earnings for the to higher values of foreign curren- dies in relation to the U.S. dollar.
Gross were $2,418, 203.36 compared with. months ended September 30, 1973.
months of 1832. Operation expen- $61,904,958.27 for the Brenime wore 844,019,427.45 compared
urine
Wool traders in Japan are en- thusiastic over the import of wool from South Africa for the purpose of balanclug trade between the two countries. But, in order to make good the difference of prices between it and Australian wool, wool, they will ask exporters to haive it. The movement is being pushed forward by the Wool Wear- ers' Association (Yomo Kogyokat. Weavers are keenly alive to the need of importing their material not only from Australia but also
Most of the exporters present from South Africa and elsewhere for two reasons. First, they point were man who were directly con- out the world tendency for trade nected with the China trade and on a give and take principle, and who were particularly anxious to secondly they mention the danger know what chances there were of of depending for their supply upon improving the trade in generai and that only one nation. They have been the role of Marseille in particular.
M. Saussine told them studying the question of Importing South African wool for some time. French exports to China constitute S
Japan's annual exports to Bouth1 per cent. of China's total im- with $44,482,087.64 for the same ports, totalling Ers, 162,000,000 in period of 1939 resulting in net sarn- Africa amount to Y.14,000,000 or
1931 and falling to Frs. 100,000,000 ings of $8,368,775.91 compared with Y.15,000,000, while her imports are at present negligible. If she de- in 1932 as a result of the general $7,342,670,63. Charges of associated cides to import say 30,000 bales of drop in prices and the inroads of companies for interest, dividendis the economic crisis. The drop was and minority common stockholders wool every year, their value alone checked this year, however, the to- equity in net income," together with International Telephone and Tele- tal for the first nine months alcno general interest and interest on coming to Fes. 100,000,000,
graph Corporation Bonds outstand- ing amounted to $8,605.095.54 03 compared with 36, 92,619.58 for the first nine months of last year. Con- 30, 1933 พอช solidated loss for the nine months ended September solidated Loss of $1,379.948.93 for 8236,229.63 as compared with Con- the corresponding period of 1932
more bale
Weavers
B loss of
will exceed Y. 10,000,000, so that the one-sided balance can easily be retined. South African wool,
China's exports to France fell however, costs about eight per from Frs, 485,000,000 in 1931 to cent or Y.24 per
Fra, 200,000,000 in 1932. This was than Australian' wool.
unt surprising, said M. Saussine, will therefore incur Y.700,000 to Y.800,000 a year, since China exports to Franco raw their opinion, this loss should be materials for French industry and as elsewhre borne not only by them but also with the slowing down of industrial
activity in France the scheme"
awing to the crisis, purchases of by exporters, since
Net current essets in foreign would secure the export business.
raw material naturally felloff. The Wool Weavers' Association 15
Questioned on the possibility of currencies when computed into U.S. au increase in Franco-Chinese trade Dollars at rates of exchange pre- asking the Department of Com- merce and Industry and the For-and Marseille's trade in particular, vailing at, the close of business on eign Office for their assistance in the Commercial Attaché said that September 30, 1933 and other ex- inducing exporters, especially cot the efforts of French exporters change iteras showed an apprecia- ton exporters, to support the pro- must increase despite Japanese courtion of approximately $10,200,000 posat. The Government authorities petition which has been growing as of that date. This amount has more and more formidable since the been credited temporarily to a spe- take a sympathetic attitude, it is
Tall of the yen, and can increase in cial exchange reserve account." sald..
the direction of textile machines, chemical products and perfumes in French with which connection science is far in advance.-Havas.
CARRIAGE OF
FRUIT
Important Experi. ments in England
MATCH MAKERS'
PROTEST
Russian Competition At Tsingtao Feared
Tsingtao, December 18:
KWANGTUNG TO GIVE
SUPPORT.
Joint Telegram Favouring Mr. Huť
Canton, Dec. 25. The Kwangtung provincial and the Canton municipal Kuomin- tang jointly issued a telegram-in strong support of the manifesto of Mr. Hu Hàn min
The telegram stated' that the The carriage of fruit in re-
Nanking government is under the control of militarists to betray the frigerated holds is becoming such
country and the Faden rebels an important business with the shipping industry, a very many
In reply to a petition of the cases before more important even
National Match Manufacturers' As-organized a new government with than meat, that considerable in-sociation against the establishment the Communists, they both are
the experiments terest attaches
of a match factory, at Tsingtao try great hindrances to the national certain now being made by the Depart-
Russian interests, "the revolutionary works and under- ment of Scientific and Industrial Tsingtag Municipal Government mine the whole country and our Research at their laboratory near
states that no official reports about party... Maidstone. These experiments are
the Russian project have been re- principally concerned with the car-
ceived by the Municipal autho- riage of apples, for they make a rities. However, should such a particularly delicate cargo, and the
proposal be made to the Tsingtao percentage of loss from Australia Municipal Government, the mes- and New Zealand is more rather sage states, it would be rejected. than less than 5 per cent. at the present time which runs into very 3240 big figures. Therefore experiments
32.45 101
310.10
$2}
Der & Wing
$4
Amusements
1101
Ch. E'tainmenta......
$9
Constructions, (ok)
60 ofs,
Do.
(new)50 ots
$4.45
**
$21
Lane Crawfords..... 4.45:
Mackinwahsmtessan
Nanyang Tobacco...] Jáj
11240 Sinceros
18.30 $2.10
W
Greyhounds......
Watsons
Powellss
*
18
#12
S.
C. Enterprises
32-
United Theatres... H.
81/;
B. Ind, G. Bonds... 78",
prem
H.B. Gort, LoaM... $113]
.38
Wallace Harper
$140
S'hai
Do.
* ་ ། ་ ་
H.K Wing On ...****
913
$12
3140 8110
Asia Lands Limited
28380
Gloucester Building We offer you a complete brokerage service for the purchase or sale of New York Securities Daily quotations sent-gratis-upo request. See our investment news on the Financial Page of The Hongkong Dally Press
Canton Agents'
John H. Ferguson & Co.
32, B. C. Shameen
Tel. 18824.
Kuo Min
U.S.S.R. PERSIAN TRADE ACCORD
For
Method Arranged Evaluation Of Turnover -And Quotas
are being made at Christmas with a 130-ton cargo" of apples which are to be subjected, to all the trials of a long voyage except rolling-tha scientists are rather uncertain as to what influence that really has--and it is hoped that the result will be an appre- ciable decrease in the loss. Both of the normal systems will be care- fully investigated, brine pipes in- side the hold, and air circulation
Teheran, December 10. over an external cooler, while an-
An agreement on the questions other debated question, whether it
of trade has been reached here by is better to have innumerable air passages through the boxes of fruit the trade representative of the or a few large ones; will also be in-US.S.R., Commissioner: Shostak. vestigated. It it to be hoped that and the director of the Persian these experiments will prove of Trade Department, M. Bakhman, great assistance to the steadily in- who exchanged letters eloborating creasing number of ship's officers the details of the various points of and marine engineers who are now the existing Sovjet-Persian trade concerned in the carriage of fruit, convention. while they will also prove very in- teresting to the shipper, consignee and underwriter--Nautical Maga-
zine,
SECOND YEAR PLAN
Every Means Being Taken To Insure Success
As Mr. Hu gald in his manifesto, our party could not control the government due to the militarista in occupation of the control: go- vernment and undermine the
whole country. So the only way. that we can save our country is to control the government by the party and the military affairs the civil government in order to "build- up again' our national energy and people's power so as to pacify the internal condition and against the foreign Aggres- `sion-Central Press. :
£12
New Year Holiday Cruise
Round trip on 1.5. "President Grant"
sailing from Hongkong Dec. 30 arriving Manila New Year morning
sailing from Manila Jan. 3 arriving Hongkong Jan. 5.
Fare includes living pu board whilst in Manila.
Special rates for hotel accommodation in Manila if desired.
DOLLAR STEAMSHIP LINE AMERICAN MAIL LINE
NEW
YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).
Tel. 28380-Gloucester Building, Room 308.
(REUTER'S AMERICAN SERVICE)
New York: December 23. Dow Jones Averagės:
30 Industrials 20 Bailr
Eligh-1838.
108.27
Low: Dec, 2. Deci, 23.
Change
41.22 98.87
98.04
,83 down
56.63
· 13.39 40.37
40.23
.14. down
20 Utilities -
37.73
18.03 29.03
22.03
.01 up
89.07
65.78 -83.01
82.11
.10 up
47.91 closed
40 Bonds Commodity Index
Azia Lguda, Zimited, has received the following report form their New York correspondants, L. A. Pierce & Co. We fikethe action of the market today and believe that higher prices affidiested. As a matter of opinion, we feel that, when the year-endfelling is over, utilities may state a fair rally.
Business Done: 470,000 shares.
"Dry, ..
American Smelting
LAST SALE
461
1839, ∙HIGH
· ́, 1064.
LOW PEL SH.
Dec, 21. Dec, 23
203
8.00 Air Reduction
2001 2001
1424
42
6.00 Allied Chemical & Dro
147
146
4.00. American Ost
1374
9.00 - American Tel. & Tel.
45%
942
3.00 American Tobacco B 1.00 American Waterworks
107
100
Anaconda Copper Mining
2.00. Auburn
1011
Bendix Aviation
211
160 Borden Company:
COMMUNIST-BANDITS SUFFER HEAVY LOSSES
Canadian Pacific
207
7. I Caesa
103
194
0.50 Caterpillar Co.
(4) Chase Nations! Bank ....
Canton, Dec. 25.
473
1:00 Chrysler Motors
16 Bid 17Bid
3.40 Consolidated Gas of N.Y.
53
684
347 35
22
93
92
25
80,1 781
891
3
16
0%. Electric Bond & Share
Electric Power" and Light... 0.40 Gonera: Electric
181 18
11.
104
181
1.60. General Foods
23
401
100 General Motors
1. Gillette Safety
242
1.20 Gold Dust .......
979
46
Lieutenant General Yon Shiu, Commander of the Kwangtung
Division
Press told the ad after his arrival here from Klang- that just before his departure from the front line for Canton about two hundred Communist- bandits in Lungpoo were exter- minated. More than twenty of them were killed.
This accord closes a lengthy period of differences with regard Another report of Lieutenant to certain trade questions. Among General Wong Teen-pin, Com- others, an agreement has been mander of the 44th Division, just reached on controversial questions received here, stated that over of the method of evaluation of the five hundred of Cominunist-ban- turnover of trade between the dits in Ching Fong, Tsin, western USSR and Persia, and on quotas Klangs, were defeated by his for Soviet Imports and exports to troops. They retreated after one of
Persia-Tass,
PETROLEUM IN JAPAN
hour's Aghting with his pursuing-Central Press
U.S. SILK TEXTILE RESTRICTION
227
дает
64
Canton, Dec. 25.
The "Asah states: A $150,000,- The Central Fress is informed
The silk-code authority has peti- to-day that the provincial auth-1000 company called the Standard- Socony Ou Corporation has now orities are at present trying every been established as the result of tioned the NRA for twenty-Ove means in order to carry out the the mer of the Bocony Vacuum per cent. reduction of maximum Three Corporation and the Standard Oil machine hours in silk production 2nd year's plan of the Year's Flan of reconstruction, as Company of New Jersey, says in- for thirty days to meet conditions the first year is coming to an formation reaching Tokyo. With and preserve equitable distribution end.
the sales organisation owned by of prevailing inadequate business the Socony Vacuum Corporation and employment,
It is understood that attention will be concentrated in shortening of maintaining funds of all in- stitutions political as well as mill tary so as to reserve more, for reconstruction purpose. Central Press,
and the redning equipment of the The authority also sought a Standard Company of New Jersey, grant of permission for temporary the new Company intends to de-shortening of hours of machine velop its markets in Japan, China, operation for periods not exceed-
21st instant Rengo Australia, New Zealand and Africa ing three months. A fixed for the
East and South) it is reported.
418
142
#7
Curtiss Wright...
2:00 Da. Pont de Nemours
3.00 Eastman Kodak
Electric Auto-Lite Co."..
0.60. International Harvester
International Tel & Tal. 400 Liggett & Myers, “B!! 1.00 Loes' Li
Montgomery Ward
2.80 National Biscuit
1.00 Nations) City Bank
1.90 National Dairy Products
0.00 Oti Elevator
1,10 Pacific Gas & Electric'
Packard Motori
48C Pennsylvania Railway
Radio, Corpa
Sears Roebuck
11.00 Standard Brands
Standard Gas
1.00 Standard Oil Co. of New
Jersey
Bocony-Vacuum Cor
1.00 Texas Corporation Trans-America ....
1.00 Union Cadride & Ca B Union Pacifo
United Air and
United Corporation United States Steel Westinghouse E-8.
291
174Bid 184 Bið
19