1932-07-09 — Page 11

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23743

CENTRAL RADIO

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RADIO EXPERTS - WORK GUARANTEED

For TONE. QUALITY, BEAUTY, DURABILITY,

obtain the

HONG KONG DAILY PRESS. SATURDAY, JULY 9, 1932.

Money and Markets

HONG KONG STOCK

MARKET.

YESTERDAY'S OFFICIAL „

QUOTATIONS.

NEW YORK STOCK

EXCHANGE.

A.O.F.C. QUOTATIONS.

{REUTER'S AMERICAN SERVICE}

There is nothing of any conse- quence to be reported in markets yesterday morning, which remain on the quiet side, but the invest-↑ ment section is still attrheting most i 30 Indus- attention.

Sales.

Hong Kong Banks, $1,550. Union Insurances, 8463. H.K. and K. Wharves $130. Hong Kong Realties, $112. Ewo Cottons, Tls. 13.00. Hong Kong Trams, $ Telephones (P.P.), $221. Dairy Farms, $281. Constructions (New), $1,05.

Buyers.

MORRISON Union Insurances, $400,

PIANO

(Guaranteed ten years)

FOR SALE OR HIRE

at

China Fire Insurances, $800. Hong Kong Steamboats, $21. Union Waterhoate, $107, Hong Kong and Kowloon Wharves

$138,

Hong Kong and Whampoa Docks,

$18.

Providents (Old), $5.

Hong Kong Hotels (Old), $11:30, Hong Kong, Hotels (New), 9101. Hong Kong Lands, 877). Humphreys, 15).

Hong Kong Realties, $11.00.

TSANG FOOK PIANO Bwe Cottons, Tls. 13-

COMPANY,

8, Des Vœux Road, Central,

(Extrance

nos Ice House Street)

Telephone 24648.

LID.

Star Ferries, $89.

NEW YORK, July 7, LAST TO-DAY'S AVERAGE AVERAGE CHANGES

L

-.18

.00

triala

14.09 41.81 20 Rails

14.00 13.82 20 Utilities 17.50 10.00 Messrs. E. A. Pierce & Co, Report: The market is weaker: Business done 300,000 shares.

Air Reduction

PRICK PRICE

8321:

CANTON'S FINANCES.

DEFIOIT TO BE ADJUSTED.

RETRENCHMENT AND IMPROVED TAXATION.

Interviewed by press repre- sentatives in Canton, General Au Fang Po,, Provincial Fin ance Commissioner and on currently Special Financial Offi- cer, emphatically denied that he bas' tendered his resignation to? the Government from the past of Finance Commissioner, as report ed in the Hong Kong paperą.

General Au informed his inter. viewers that he made good progress in the direction of stabilizing local financial conditions. He said that the report. published in the Hong Kong papers about his resignation fabricated by reactionarios was baseless, and must have been

Asked as to the position of the local government treasury, the LABT TO-DAY'S General remarked that as a result of vigorous retrenchment on the part of the Government and the application of various schemes by his Department, to adjust the tax- farming system in Canton, the re- venue for 1932, it is expected, will be increased by some seven million dollars.:

451 39)

Deficit to be Wiped On. According to General Au, the deficit of the current administra tive expenditure of the province, which, amounted to over two mil lion dollars per month, will be en- tirely met as further increase of revenue is expected after the schemes for adjusting the taxform ing system in all the districts of the province have been put into operation.

Rise in Nots Value.

KWANGTUNG AFFAIRS.

TAX ON LUMBER AND LICHEES,

The Doth meeting of the Kwangs tung Provincial Council was held in Canton on Tuesday under the presidency of Mr, Lin Yun Kai and was attended by Messrs. Chin Ching Tsang, Hsu Shung Ching. Hu Chi-hsin, Au Fang Po, ___Chu Shao Hain, Lin Yin Chung, Li Lu Cho, and Liu Chi Wen.

The following resolutions wore passed at the meeting :-

That the application of the Financa Commissioner for 'a 'rovi sion of the stamp duty on title deeds, and deeds of transfer bo allowed.

That the draft regulations sub- mitted by the Civil Affairs Com- missioner, in connexion with:nwards of commendations and gratuities to members of the District Preczu tionary Guard in recognition of distinguished services rendered, be adopted.

That the petition of Shen Yu- Cho, of the Pun Yu district re- cominonding the release on parole of certain prisoners serving sea- tences in local prisons, be granted.

That the levy of a local tax on. pine lumbar and lichee' in the Tsang Shing district be

allowed and placed on record.

Banking Houses.

That the application of the Fin ance Commissioner for, authority to revise the existing regulations- governing the conduct of banking houses be granted.

That the application of the Department of Reconstruction for permission to inaugurate a depart

It may be noted that sinemont for the registration of ships in Canton be referred to Council- lors Hu, Li and Hsu for examina tion and report.

71 General Au assumed office as Pro. vincial Finance Commissioner some two months ago, the value of the government banknotes has been steadily rising. Notes of the 25 and 850 denominations, which are rodeemable at par, at the Provin-nomous Council of the Munipality cial Bank, were worth 97 per cont. be passed.

8331

Allied Chemical and

Dye

471

American Can

335.

American Telegraph

and Telephone

772

742

American Tobacco "1"

12

50

Auburn

49

44

Borden Company Candian Pacific

212

211

0%

PA

Consolidated Gas of

Now York

302

34

Drugs, Inc.

281

201

Du Pont de Nemours 20

221

| Eastman Kodak

30

General Electric

10

01

General Foods

20

30

General Motors.......

International Harves-

ter

112

11}

International Tel, and

Tol,

32

3

Liggett and.

Myers

* B**

40

301

Loew's Inc.

251

148

Pacific Gas and Eleo-

trie

Hong Kong Government Loans, P

per cent. premium,

108-

19

Pennsylvania Railway

..71

gellers.

Radio Corporation ...

31

3)

Sens Roebuck

30%

101

Standard Oil Com-

pany of New Jersey 25

24

Sócony-Vacuum Corp. Union Carbide and

Carbon somewhat Union Pacific

of

7

100

100

314

30

Trans.

B United States Steel 231 Westinghouse E. and

73

On London:-

22

51.

178

སྒྲ་

10)

Credit,

Yaumati Ferries (Old), #33). Yaamati Ferries (New), 839). Chinn Lights (Old), $18.00. Hong Kong Electrics, 8721. Telephones (P.P.), 93. Cements (Combined), $18. Hong Kong Ropes, $121. Dairy Farms, $28.

Constructions (Old) $6.90. Constructions (New), $1.65.

5.C. Enterprises, $5.

-WEEKLY REPORT...

P

That the 1938-1933 budget ab mitted by the Canton Municipal Government on behalf of the Auto-

of their face value," according to That the application of the Thursday's market quotations. Bureau of Public Safety for the!!

When notes of these two deno-Tuse of a site, in Honam Island for minations have completely regain-4be construction of the Hoitong ed their face value General Au will, Sub Bureau Building, be allowed.

it is reported, set to work to That a sum of $15,000 be granted

stabilize the value of the unre- deemable notes of other denomina tions issued by the Kwangtung Provincial Bank.

EXCHANGE.

CLOSING QUOTATIONS,

... July 8, 1931.

Telegraphio Transfer... 1/3 Bank Billa, on demand 3/3 Bank Billa, 4 months'

to

the Provincial Kuomintang Fleadquarters for the training of Party members in Canton, for the ourrent year. "

That a sum of 83,000 be granted to the delegates of the North- Eastern Volunteer Supportora As- sociation as passage money to the South Seas Islands to raise funds among the overseas Chinese, there to support the volunteers' cause.

11

DAILY SHARE QUOTATIONS

SHAREBROKERS

ASSOCIATION.

HONG KONG STOCK EXCHANGE,

Buyers

Ballère Belesinal.

FRIDAY. JULY 8.

Bunty

Bayes Bellera

Balsa Woma

SA

$450

$107

31 880

1415

£107

H.K. Banks

Do. (London)...!

E1st Chartered Banks...

Mercantile Bks. "A"!

Do.

Rank of East Asia...

217

31/2

#111

$110

N. 0. & 8. Barks

37

$25

Am. O. Fin. Corps

18

China Fis.Corp. Ord

34,60

Do

Ingatan.omm

Prof.

$1,300 Canton lusurnaces....} $1,80)|

Underwriters $415 Union Insuran000... $3,20)

$9 15

**

$1,195

China Firon

25

H.K. Fir$1,20

International Antoni,

+4

$1,545

Shipping

$18

Douglasen .....

Steambosta

$46

Indos (prof.)

Do. (def.)

Shells

80/-

38/0

$20

$161

Benguet › nou

Venaruch

Gold Flds.

26

27791 Water-bou---

12

133

Mining

-3138 $5

$2.30

$10

'T.78

+

T.#

New Engineerings

$11.10

$10 3772

A

111.60

3165

$100

T.76

$23

17

מי1

sist

***

$140

$11.70

13/

***

$6.15

$10

T.80

.T.6.

$10.75

122.80

[1154

#34

$18.90 $19.15 $19.16

*3182-

$79.40

Kailans

Langkats (single)...

12.30 Exploration

Shanghai Loans

Trouch Mines

31 at Benguet Explorations

Docks,

Wharven,

Godóvas, ato. HL&K Whart Providents (old) ***

Do.

(now)...

H.K. & W. Docli

8. China Motors 'A'

Da

Shanghat Docks

T218 Hongkow .......................

Lands, Hotels, and

Bulidings

HK flotole (old), $11.16 $11:20 11:10

Do

H.K. Lands

-(new)

T.143 Shanghai Lande

Metropolitan Landa.. T.10

HK. Healtles...........

T11.40 Chin Do..

Do, Debentures Humphreys | 1164.

"B"M

Asia Realtion “A”M

Do Chineas Estates....

Dotton Mille

'hat Cottons.........

T.18 Zoong Sings.........

Public Utilities

Tramways

Poak Trams (old) ...

Da (new)...

Star Ferries

Tagouti Ferries(old)

Do (DOW

China Lights (old)

Do (new)...

H.K. Eletrics...... $72

Macao do.

Sandakan Lights ....

1381 Telophones (fully pd.)

(part pd.) 892 Buses Tractions....

(pref.)...... Industrials Malabon Sugars

T14: Caldbeck, (ord.) T.10 Miegrogom pref.)].

Cauton leas Cements (counb.)... $18,10]

Do. (old)... Do.

16

$18)

(now)...

Ropesy

$10 Ch Agricultures ...

$184

$14

$13

$2.56

Miscellaneous

Dairy Farms

***...$98.16

Der A. Wings...ako.

Amusements

Ch. Etainments......

Construations, (old)||95

Doi

+4

$98.30

F

$19

$13.40

F

TH

(UWW)] 31,30 | $1,70 Lane Crawfords..... $6

Tobacco... $5.50 Sinceres......com Watsons (old):

Do. (new)

Wm.

---4]

M. Grinen":"

B. Ind. G. Bonds... 07.

H.K, Gort Loana.. Wallace Harper.....

Uhins Sports Ltd..

H.K. Wing

On

....$280

$230

Do. Toxtal $150

LOCAL AND REGULAR OUTWARD MAILS.

ཚོ་ 1: i】】 g2 :རྞྞ ཤྩ 1:: རྟ 1 ::སྐྱུ 1 ཀཽ : སྒྲ

$181

124

$12

Do.

T.18

China

12/8

Do.

521

sight

1/3/

4 months

EXCHANGE RATES.

[URITISH WIRELESS SERVICE]

sight

Ruany, July 7,

3.30 4.00) 25.07

18.20

8.04 00% 16 1,32 19.00 18 7/17 20.30

SIDL

713

... 734 /

32 nom.

$5.90 $160

$1,85

+

Prague

1201

Helsingfors

235

80 N.

Madrid

43 13/16

110

500

·B00

220

6 1/32

Buenos Aires

310

53*.

30 nom.

2'

prem

Bombay

1/6 1/32

On: demand

mmm 1681į SOVEREIGNS, Bank's Buying

BAN SILVER, › per, os.'

Shanghai

1/72

Hong Kong

1/3

$10 $761

1/31

Yokohama...

1/04

S'hal Do.

181

Silver, spot & forward 162

$155

munur jednum hundumu muutaman m

$16.80

1

$14

38.20

- NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO.,

AND

OHINA MUTUAL STEAM NAVIGATION 00., LTD.

CONSIGNEES per Co. Vessel

"AGAMEMNON"

FROM UNITED KINGDOM VIA

SINGAPORE

After opening promisingly, the weck ends upon quieter note, though advances United Aircraft and. have been catablished practically throughout the investment section; Lands and Trams all closing higher. On the

Insurances, Holt Banks.

are hereby notified that their Cargo will bu discharged into Wharf, Kowloon, where it will. Be at Consignssa risk and subject to Terms and Conditions of Storage at other hand, there has been a set- back in China Lights, Cements and

Holt's Wharf. The Cargo will be

ready for Delivery from Godown on Ropes, while Constructions turned

Jaly,

and after 6th

Optional

here,

univer

stantial gain.

Closing tone quict but steady.

CLOSING RATES...

will not be landed an active market and made a sub- Notice has been given prior to Vessel's arrival, but carried on from port to port to the faal port of call in which the option ext

extends. All broken, chafed and damaged Goode are to be left in the Godowns, where they will be axamined on any Tuesdays and Fridays between the hours of 10.45 and Noor within the Free Storage period:

No Claims will be admitted after the Goods have left the Vessel's Godown, and all Goods remaining undelivered after the 12th July, 1932 will be subjeot to Bent.

All Claims against the Vessel must be presented to the Undersigned on or before the 26th July, 1942 or they will not be recognised.

No Fire Insurance will be affected.

BUTTERFIELD & BWIRE,

Agents.

6th July, 1932,

[2260

SERVICES CONTRACTUELS DEI MESSAGERIES MARITIMES.

CONSIGNEE NOTION.

5.6. "GENERAL METZINGER.“

ARRIVED HONG KONG ʊ TUESDAY, THE 5TH JULY, 1939.

From MARSEILLES, &c.

of Cargo by the named boro-

Steamer are hereby informed that their Goods, with the axcaption of Opium, Treasure and Valu. ables, uru being landed and placed at

CONSIGNEES OF

their risk in Godowna of the Hong and Kowloon Wharf and Godown Kong was, hence Delivery can be obtained as the Goode

landed. AIG Goods nut cleared within 7 days, ins luding date of

date of arrival, will

be subject to Bont

All Ulaime must be sent to the Under- signed before Friday, the 16th July, or they will not be recognised. 1932,

Damaged paskagon, must, bá left in the Godowns for examination by the Consigness and the Company 1-Sur-

MERETE. Goddard & Douglas, at. vayan, 10 m, on Monday, the 11th July, 1983. ...Consigneos must have a Bevenne Offer in attendance when damaged datable goods am examined

mined by the Company Surveyors,

No Osims will be admitted after the Goods have left, the Godowne

No

D

Fire-Insurance will be effected by

us in any case whateverən, 'n sim

B. OHL

Agent

[23:45

"Hong Kong, 5th July, 1982;

www.

Buyers,

Union Insurance, $450. China Fire Insurance 8800. Hong Kong Steamboats, $91. Union Waterboats, $103.

Hong Kong and Kowloon Wharves:

$140,

Hong Kong and Whompoa Docks,

$18.

Providents (Old), $5.

Hong Kong Hotels (Old), $11:10. Hong Kong Hotels (New), 10). Hong Kong Lande, 8771. Humphreys, 815).

Hong Kong Realties, $11.00. Star Ferries, 850.. Yaumati Ferries (Old), $33), Yaumati Ferrica. (New), $321. Hong Kong Electrica, #72). Telophones (P.P.), 822, Cements (Combined), $18. Hong Kong Ropes, $12 Dairy Farms, $26. Constructions (Old), $0. Constructions (New), $1.65, Ewo Cottons, Ti 13 Hong Kong Government Losas, 2

per cent, premium. :-

** Sellers.

Hong Kong Tramways, $22,90, China Lights (Old), $18.70, Chinn Lights (New), #18) S.C. Enterprises, $5.

Bales

Hong Kong Banks, $1,550. Hong Kong and Kowloon Wharves

8130

Hong Kong Hotels (Old), #11.15. China Lights (Old), $19. Constructions (Old), 85.95 to 80.

Sales During the Wook. Hong Kong Banks, $1,500 to

$1,800.

Union Insurances 8442′ to $455. Chint. Underwriters: 33.20, - *** Union Waterboats, $19. Hong Kong and Kowloon Wharvos

Providents-(Old); 86,10,-

(Continued on ncaa Golumn;}

Hong Kong Hotels (Old), $11.10

to 811,30,

Hong Kong Realties, 8112.

Hong Kong Lands, 8774.

Humphreys, $15.40.

Hong Kong Tramways, $92.00 to

$23.

Star Ferrica, $80.

China Lights (Old), 819 to 8i9l. Hong Kong Electrics, 8721 to

$721.

Telephones (P.P.), $221.; Cements (Combined),

818.20:

18.10 to

Hong Kong Ropes, 812.80 to 813. Dairy Farms, 828,20 to $23}.. Lane, Crawfords, $8. Constructions (Old), 85.95 to $0. Constructions (New), $1.55 to

$1.05.

Ewo Cottons, Tls, 13.45 to Tla.

13,60..

-SHANGHAI SHARES.

LATEST QUOTATIONS.

Tia, 3.55

Messrs. Carroll Bros. have re- ceived the following latest cabled quotations of Shanghai shares:-

China Finance Corp. -International- Investment.

Trust Co. (Ord.) ....... 7.95 Cathay Land aquaskan. 11:00.

0.00 Yangtaze. Finance Co. International Assurance Co. 4.00 10.75 China Realty Co._................................. Shanghai Land Investment

Co New Engineering, and Ship

Building Works (Ord.). 5.75. Shanghai Dock and Engin

$76,00 coring Co. Shanghai and

Wharf Co.

218.00 Shanghai Electric Construc-

tion Co. "B" MAZDA 20.95 Ewo. Cotton Mills, Ltd... 13.85 Shanghai Cotton Manulse-

Hongkew

24.23

turing Co. 71.00 Zoong Sing Cotton Mills

Ltd.

10.40 American Asiatic Under-

writers (Ord.)

*** 28.50 American Oriental Finance

Corp. "B"

28.50

Asin Realty B

20.25

Gold Dollar: Bonds, 1925 ... 50%;

ON PARIS:-

Bank Bills, on demand 565 Credits, 4 months' sight 605 ON NEW YORK:—

Bank Bille, on demand £21 Credits, 60 days' sight. 23).

Ox Bonnax :-

Transfer:

Telegraphic Bank, on demand..........

—STALDOTTO RO

Telegraphic Transfer Bank, on dead...

ON SHANGHAI !--

Bank, at night ON YOKOHAMA :-**

On demand

-ı---་ཙཱརྱ--་ ON MANILA-On demand........444 ON SINGAPORE;--

On demand

54

ON BATAVIA:-On demand. 55 On Euphori

On demand

ON BAIGON:-On demand 664 Ox BANGIDE:--

Paris New York

Montreal Brussels

Седете

Amsterdam Milan Berlin A Stockholm Copenhagen

Orla Vienaa

Lisbon Athens Bucharest

Belgrade

Río

: Montevideo

SMALL SPACE

CAN HAVE

strong attention value by the proper use of white space

Norminal

Mapas & Teinahon -

WEEK DAYS,

FOR

FROM e.r.O.

FROM (EXTUNGWAN ¿Brands P.0.]

SUNDÄTS & HOLIDAYS'

FROM FROM SHRUNDWAN G.R.O

BRAMOK

2.0.

Canton

Bambi and Wushow

direct steamer)

† 7,16 mm; & | ƒ 7,00 mm. 18.00 p.za

4.00 pm:

7.00 p.m,

~4.00 pm.",

5.00p

17.00 pu

6.00 pun

47.15 am,&] 17,80 6.06. 11.15 pm.

11,30 p.m.

Kongmoon (except Saturdays) Kankang (except Saturdays).

Fatakan and Wuchow (By)

Train) Tal O

$.00p.m.

0,00 p *8.00 p

(8.15 ₤1.15 patte Sundays 8,15 m. I only

·6.00.p.zz.

(830 MD. &

Bunday!

8.30.00

Lonly

6.00p.m.

600 pa

7.15am.

7.15.

100 pe

11,00

ƒ 0,00 Km, áƒ

9.00 $23.

Tai Po ...

given to all

This service is clients by the

Bhaichun

Cheungohom

Aberdeen

*** 15,00

8,00 pm 79,00 am; á}, 18.00 p.m 71.00 pm aj

:

·11,00 mm. (ELO DE

£5.00 puta.

15,00 21

Stanley cu

"Pingskan,

12.30 PER 8.20

11.00 1,30 1,02

HONG KONG DAILY PRESS.

Bhatunkok and Shering

*1,90 pim.

4.30 pas

WANADOR 10:30am

10.30 am..

an eye-arresting ---spot. Effective lay out and intelligent use of space will sell your goods better than three times the amount

Indiscriminate advertising

$7.00

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