THE HONGKONG TELEGRAPH. THURSDAY, JUNË 1933.
NEW YORK STOCK EXCHANGE
LONDON STOCK PRICES
YESTERDAY'S MARKET MARKET GENERALLY
STEADY
GOOD
According to Messrs. Swan, Cul- The following quotations on the bertson and Frits, the New York London Stock Exchange have been; market was steady yesterday. Bust-received by Messrs. Swan, Culbertson news dono:
0,080,000 shares. The and Fritz in conjunction with Reuter, Wall Street Journal reports:-Heavy The market: Kafira have relapsed. profit-taking reduced all sections after Otherwise the markets are good. a strong opening, which was a carry. over from Monday's momentum. The most active stocks were Radio Cor-
poration, Transamerica and General 4 Bond 1809 Electric all of which reached new. highs.
Ironogo" magazine reports: Stool production capacity..
6 Loan 1012. £ 47% WBA 41% of 6% Reorg. Loan May bookings wero 1813 Ln. Jan.) £81 heaviest in nearly two years. Fur- 6 Bonda 1025-47 € 0834 ther production gains coupled with 5% Shal.-Nanking increasing demand and growing Rly. strength in prices is rapidly establish- ing the industry on a firm footing.
Dow-Jones averages:
30 Industrials
American Tal.
Tel.
American
"B"
Rly....
5% Tlent.-Pakow Riy. (Supl. Loan) 55% 'hal-Hang- chow - Ningpo Rly.....
5 Honan Rly
6-10 £ 6-10
U. Hal Rly. 10 £ 8-18 £ 8-13
Foreign Boads & Banks German 75%
SHARE PRICES
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to-day:
Banks.
H'kong Banks, $1710 b. H'kong Banks, London, 2126 n. Chartered Bank, £14% n. Mercantile Bank, A.
Shipping.
Douglas, $324. H.K. Steamboats, $22 s. Indo-Chinna, (Pref.) 350 n. Indo-Chinas, (Def.), $80 n. Shells (Boarer), $48/9 n. Union Waterboats, $15 n.
Mining.
Benguets, $34/331⁄21⁄2 sa. Kallans, 81/3 n.
Langkats (Single), Sh. $13 n. S'hal Explorations, Sh. $2.10. n. S'hal Loans, Sk. $5 n. Raubs, $10 n.
Venz: Goldfields, Sh. $44 b.. Benguet Exp., 91 ets. n.
Docks, etc.
H.K. Wharves, $131 n. H.K. Docks, $18 n.
S. China Motors A., $10 n. 9. China Motors B., $8 n. Providents (old), $3.90 b. Providents (new), $1,35 b. Hongkews, Sh, $334 n. New Engineerings, Sh.88 n. Shanghal Docka, Sh. $150 n.
Lands, Hotels, etc.
H. & S. Hotels, $7.15 b. H.K. Lands, $77 8. Shai Lands, Sh. $334 n. Metropolitan Lands, Sh. $14. n. Humphreys, $13% n.
COTTON & WHEAT STATES SEAKUHLIIT
LATEST NEW YORK
QUOTATIONS
FUN WALL DA, DanaKEMO
(Continued from Page 6.7 Messrs. Swan, Culbertson and Fritz Remington Arms and Shell Union have received the following quota Ul. tions on the New York cotton and wheat exchange for yesterday.
Cotton,
Opening Closing Range Ronga 1.40-0.42 0.20-0.20 0.64-9.68 0.45-9.40 0.89-0.83 0.012-9.63 0.01-0.88 0.70-9.70 10.03-10.04 0.84-90.85 10.22-10.22 10.00-10.00
9.85
SILENT FOR 65 YEARS
THE RISE OF DILLON.
A
More spectacular, and the only Watt Street house without decaacs of influence behind it, is Dillon, Read & Co., 28 Nassnu street. partnership in this firm la beljaved by some to be worth more in money each year than one in J. P. Mor- gan or Kuhn, Loeb.
WAY
The story of this firm is the story of its brilliant head, Clarence Dillon, who reorganized the older firm of William A. Read & Co.
Scarcely had he done 80. when he startled the country by under- taking reorganization of Goodyear Rubber, a job many Wall Street Arms had shied away from. Dillon successfully floated $90,000,000 in now securities in the reorganized company, and became suddenly one of the great of the banking world.
But his most spectacular deal the outright purchase of Dodge Bros. from the founders heira, for cash. Even J. P. Morgan & Co. was
openly challenged in this deal. Morgan wanted it for his Hassan Boy, a native of Kai-lon's cash won the day, and the
General Motors Interest. But DI Barich in Anatolia, was broken when his wife, whom he cheque he wrote for $146,000,000 married when he was forty, died dustrial transactions for cash ever was one of the largest private in- five years Inter.
made. That was 05 years ago. Hassan Boy is 110, but since his Dodge holdings to Chrysler at a Three years later he sold his wife's death he has spoken to no profit estimated at $40,000,000. one; worn mourning continually; Besides these enormous deals, Dil- and spent all his days in his work-lon was instrumental in organizing shop.
ARAB MOURNS FOR IIS WIFE
Istanbul.
heart-
Now
He never drinks alechel, tea or coffee, and never smokes.—Reuter,
Peak Trams, (new), $9% 11. Star Ferries, $92 n.j Yaumati Forries (old), $29 China Lights (old), $12.75 b. China Lights (now), $12.15 n. H.K. Renities, $7.80 n. Macno Electrics, $23 n. Sandakan Lights, $10% n. Telephones (old), $28.80 b. China Busen, Sh, $11 n. Singapore Tractions, 17 n. Singapore Pref., 13/--n.
Industrials.
Youngstown Sheet & Tube out of the Sheet and Tube merger, and bought an $8,000,000 interest in the Bank of Manhattan Co. He has floated leans for Brazil, Nether- lands, Japan, Poland, Franee, Ger- many and several South American n. countries.
&
B.
May 30. May 31. Chinese Bonds
£241⁄21⁄2 D.
Mercantile Bank C., £9 D.
East Asin, $08 n.
(Eng. Iss.)... £ 90% 4%% Loan 1008, £ 77.
£100 £ 80 £ 47%
Ain: O. Finance Corp., Sh. $20 n. China O. Fin, Ord., Sh.$5,40 ¤. China O. Fin. Prof. Sh.86.00 n.
July October December January March
May
Insurances.
Spot
£ 814
Wheat
£ 08/
Canton Inc., $1440 b.
Union Ins., $519 n.
80-85 £20-35
55% Tient. Pakow
China Underwriters, $2 b.
May
China Fire, $595 n.
July
£ 12-22 £ 12-22
20 Nails
20 Utilitica
40 Bonda...................
May 20. May 31. 90.027 88.11. 42.04 42.42 20.92 20,50 83.31 83.11
H.K. Fire Ins., $256 b. International Assce, Sh. $4.75 n.
September October
Chicago Winnipeg
72
65% 703%
06% 75%
0714
£ 12-22 £ 12-22
£ 73-78. £ 73-78
Allied Chemical &
Dyc
104
103
6% Hakuang Rly.
Allis Chalmers
17
10%
1911
£ 23-27 £23-27
American Can
024
80%
5% Lung Taing
American & Foreign
Power
12
12%
Amer
& For. Pow.
23
21
American Metal
20%
19%
:
American melting
36
3.0%
Internat.
Loan
&
1924.
61/6
65/4
Tobacco
119%
88%
117%
Japan 5 Sterling
Loan 1907... £ 70%
£ 76%
9014
| Japan 0% Sterling
American works
Water-
Loau 1924 .... £ 82
£ 84%
Anaconda Copper
£7 15%
27
10%
Industrials & Brewerica
Atlas Corporation
14%%
1.4%
Association Elec..
Auburn Automobiles
GA
00
Industries
17/~
17/-
Baltimore & Ohio..
2015
20%
Brit-Amer. Tob..
103/0
103/0
Bethlehem Steel
274
9714
Chinese Eng. &
Borden Company
347%
33%
Min.....
30/-
31/3
Burg
Warner
152
16
J. & P. Coats
55/8
65/0
Canadian
Pacific
Courtaulds
34/- 847-
Railway
13%
1426
Distillors
58/0 58/6
Chana
Chesapeake
Case, National Bank 24
7114
Dunlop Rubber
207- 20/0
24%
Everready 5/3.
20%-
207-
Cor-
General Elec.
....
43/-
$37.
poration
30%
30%
Guinness
AB/-
88/6
Chrysler
21
234
Columbla
Gog
Impl.
Chem. Ind.
&
dustries
26/6 20/0
Electric
185
18%
Consalidated Gas of
Impl. Tobacco
00/-
99/1
International Ten
New York
50%
0.4%
Stores
20/-
20/1
Corn Producta
74
73%
Pinchin
Juhnson
Douglas Aircraft
1674
1414
10/- sh.
2073
20/-
Drug Inc.
554
634
Turner Newall 28/0
28/0
Du Pont de Nemours 77%
7514
Unilever
27/9
29/0
Enstinan Kodak
78
78
.
Electric
Bond
&
Miscellaneous
Share
General Electric
25% 2150
214
Anglo-Dutch
10/0
17/3
General Foods
394
3814
General Motors
Gula Kailinipong
Burma Corpn. ... 13/44
13/0
25%
25
Rubber
10/8
10/0
General
Railway
Trepca Mines
11/0
Signal
11/1015
3424
32
Cold Dust
21
214
Estates
31/3
30/-
Tire &
Rubber Truats
21/0
21/0
36
36%
Shai, Elec. Constr.
04/- 62/0
Van Ryn Deep ..
30/3
35/-
Zoang Sings, Sh.$14 n.
20
28
Har.
Oils,
venter,...
38
47
Anglo-Porainn Oil 38/1
38/0
International Nickel
15
15
Burma O
67/0
08/14
International Tel. &
Moxican Eagle
7/3
7/4
Tel
143
144
Shell Trans &
Johns Manville
30%
88
Trad.
48/9
48/0
Kennecott Copper
20
Letinan Corporation
03
30% 63%
Ligrett. &
Myers
Loew's Inc.
91% 21
20
Lorillard P.
203
National City Bank 31
Montgomery Ward 23
New York Central.
North American Co. 271⁄2
20
224
.30
35
15
.2014
Pacine
Gas &
Electric
267
Pennsylvania
2014
Rati
rond
207
Phillip Petroleum. 1-4
Public Servico of
164
14
50%
Tobneco
12
42
Seara Rochuck
Shell Union
1014 74
7%
Simmona Company
1/
14
Corporation
Sacony-V a eu um
Southern Cal. Edison 22
104
11
22
Standard Gas &
Texas Co
Electric Standard Oil Co. of
N.J.
124%
12%
37 Corporation 21
36
Texas Gulf Sulphur 294
32%
2814
Union
Carbide
Carbon
L'uion Porife
United Aircraft &
Traun.
United
40 110%
109
2016 31
38%
Gas
Im-
provement
U.S. Rubber
U.S. Steel
20
1914 10% 114 G4
517%
Univoreni
Lo
Tobacco
41.
39%
Westinghouse E. &
M. Woolworth
44% 40
43% 307
Goodyear
Rubber
International
Cement
International
Langlongte
H.K. Realtics, $7.80 1. Asin Realties "A" Sh. $140 n. Asia Boaltica "B" Sh. $20 n. Chinese Eatates $97 m. China Realties, Sh. $14% n. China Debentures Sh.$187 n.
Cotton Mills.
Ewo Cottons, Sh. $15% b. S'hai Cottons, Sh. $111% b
div.
Wing On Textiles (S) $85 n.
Public Utilities.
Tramways, $21.70 b, Penk Trams, (old), $164 n.
Malabon Sugars 316 n. Cald: Macg. (old), Sh. $20 n. Chid: Macg. (Pref.), Sh. 316 n. Canton Ices, 36 D.
Cements (Com.), $7.70 b. Cements (old), $6.40 n. Cemonta (now), $1.40 n. H.K. Ropes, $8 n.
Stores, etc.
Dairy Farms, $2814 n. Watsons, $10 n.
Der A Wings, $1 n. Lane Crawfords, $1.60 b.
As Dillon is now 61, his original Jambition to become a street car motorman in his native San An tonio, Tex., will probably never be realised.
Mackintoshs, $21 n. Sinceres, $15 n. Wm, Powells, $2.10 n. Wing On (H. K.), $200 n.
Miscellaneous.
Amusements, $121⁄2 n.
H.K. Entertainments, $12 n. S.O. Enterprises, 38 D. United Theatres, Sh. $4 n. Macao "Greyhounds," $10 n. Constructions (old), $1.40 n. Constructions (new), 90 cts. b. B. Ind. G& Bonds, 70% n.
H.K. Govt. Loans, 2% Prem. Wallace Harpers, $9 n.
Whiteaways
BACK TO PROSPERITY
SALE
BARGAINS FOR MEN
Just A Few Of The SPECIAL BARGAINS OFFERING.
MEN'S
TENNIS SHIRTS
Men's White Tennis Shirts in Taffeta and Cellular cloth. Long or short sleeves.
TUNIC SHIRTS
Men's English Made Poplin Shirts. Plain Colours and neat Stripes. Collars to match, All Sizes.
SPECIAL SALE PRICE:
$3.95
SMART DESIGNS
CAR
SPECIAL SALE PRICE:
$3.50
MEN'S HANDKERCHIEF TIES
A huge selection" "of wide end Ties. Smart designs and colourings. SPECIAL SALE PRICE:
$1.25 each.
A man's a poor fish if he can be hooked with a henvy line and a bated breath.
SWAN, CULBERTSON & FRITZ.
Investment bankers and brokera in aecurities and commodities Dalty New York and London Stack Exchange Service Commodity Futures on the principal American marketa Members of New York Cotton Exchange.
Members of National Raw Silk Exchange Inc., Now York. Members of The Rubber Exchange of New York, Inc. Members of The National Metal Exchange, Inc., New York. Members of Chicago Board of Trade.
Correspondents for Hayden, Stone & Co. Tolophona 27258,-
Cablo Address: Swanstock. Asia Life Building, 14, Queen's Road,
Hongkong.
GIGANTIC CHEAP SALE
NOW ON!
THE IDEAL STEK STORE
FOR MODERN GOODS.
ALL NEW SUMMER SILKS AND FABRICS REDUCED FROM-
10% TO 30%
VISIT EARLY.
KASHMIR SILK
なた
STORE
25
Opposite Queen's Theatre.
MEN'S HANDKERCHIEFS
Men's white lawn Hand- kerchiefs. Fine
Hemstitched border.
19 inches square.
SALE PRICE:
quality.
6 for $1.25
Size
PYJAMAS
Men's Summer Weight Pyjamas.
Full
cut,
British made. Plain colours and striped designs. All
sizes.
SPECIAL
SALE
PRICES:
$5.00 & $7,50
VAN HEUSEN COLLARS
Genuine Van Heusen Collars in Nos.
SPECIAL
SALE
33 and 55 only.
- PRICE.
ODD SIZES IN AERTEX SHIRTS
To Clear $3.00 & $4.00
COME EARLY FOR BEST BARGAINS. WHITEAWAY LAIDLAW & CO., LTD.
50 CTS. each.
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