1932-09-09 — Page 5

Page

This is the way to open the new Kiwi tin-

KIW

BOOT POLIS

A

twist of a coin in the specially prepared slot opens the tin and the world-famous polish is ready for use.

Even dry, cracked leather will soon regain its natural suppleness after the use of Kiwi- Kiwi puts new life into old leather-keeps new leather young.

KIWI

THE QUALITY BOOT POLISHES

·BLACK & TANS

W. R. LOXLEY & CO. YOLE BUILDING,

HONG KONG.

PHONE

23743

CENTRAL RADIO

SERVICE

KING'S BLOG

[(Opp.SheFeng)

HONG KONG DAILY PRESS, FRIDAY, SEPTEMBER 9, 1932.

Money and Markets

HONG KONG STOCK NEW YORK STOCK

MARKET.

YESTERDAY'S OFFICIAL QUOTATIONS.

EXCHANGE.

A.O.F.C. QUOTATIONS.

6.

7.

New York, Soptomber 7. Earlier in the morning the Dow Jones Averages

Sept. Sopt. market was inclined to be quiet, but later in the day, inquiries of a

Change general nature set in, causing a 30 Industrials 77.28 79.03 .65 up slight hardening of rates, which 20 Rails 37.99 30.06 1,07 up 20 Utilities.. 34.40 36.11 1,65 up closed better than at the opening.

Bales,

Hong Kong Banks $1,550. Union Insurances $475/478. Hong Kong Hotala (Old), $10.45.

Buyers,

Hong Kong Banks $1,580. Union Insurances 8478. China Underwriters $2.80. International Assce. Ths. 4. Hong Kong Steamboats 8221. Union Waterboats 8203.

Benguet Consolidated 0163. Venz, Goldfields $2. Providents (Old) $41.

Hong Kong Hotels. (Old) 810.40,

Hong Kong Hotels (New) 810.

Hong Kong Lands 875. Hong Kong Realties 20.

Chinese Estates $100.

Ewo Cottons Tis. 15.80. Pehk Trams (Old) #15), Peak Trams (New) 87). Chinn Lights (Old) 8i5.85. Hong Kong Electrics $74. Malabon Sugars $20. Canton Icea 852.

Cements (Combined) $13,30, Lane, Crawfords 85.35.

Hong Kong Amusementa 210.80.

pitel Theatres Tls. St.

Bellers,

Hong Kong Banks $1.585. Union Insurances $180. Providents (Old) $4.85 Watsons (Old) 813).· Constructions (Old) $6.70. Constructions (New) 81.70.

RADIO EXPERTS-WORK GUARANTEED LONDON EXCHANGE

Latest

BRUNSWICK

and

MELOTONE

RECORDS

RATES

[WHITISH. WIRKT269 SERVICE]

Rugby, Sept 7.

Paris

891

New York

3.40

Montreal

3.84

Brussels

25.99

Amsterdam

8.70

Milan

081

14.70

19.47)

Berlin

Stockholm Copenhagen Dalc

10.30

10.93 90 nom. 118

2321 13 7/10 110

Messrs. E, A. Pierce and Co.

Report.

A continued firm market is in- diented and we would buy on any small recessions.

Business dong: 1,200,000 shares.

Last Salo. 'Sept. Sept.

801}

873

6.

7

Air Reduction ........... 801 Allied Chemies und

Dye

American Can ......... American Telegraph &

Telephone

Tobacco

American

"B"

Anaconda Copper Min-

ing

Auburn ...

Borden Company

Canadian Pacific

Consolidated Gas of

New York

Drugs, Inc.

**

115)

182**

Du Pont de Nemours 439*

Eastman Kodak

General Electric General Foods

General Motors International

1101

T » -Œƒ‡

66 2 2 22

TH==*£ ?

17:18* = * *

JHAR

JFK

54

6.179

Harvester 30

International Tel. and

Tel

Liggett and

Loow's Ine.

Mycra

Pacific Gas and Elec-

tric

*

*

Pennsylvania Railway 22 Radio Corporation ... Sears Roebuck

Standard Oil Co. of

Now Jersey

95

Socony Vacuum Carp. 113

Union Carbido and

Carbon

Union Pacific

United States Steel

=

878;

30

Westinghouse E. & M. 41

Please note telegraphed cor. rections.

CHARTERED BANK

DIVIDEND.

The Directors of the Chartered Bank of India, Australia and China havo declared an interim dividend for the past half-year at the rate of 14 per cent. per annum, subject to Income Tax. MEM

Vienna

Obtainable-

Prague

from

Helsingfors Madrid Liston

THE

Athens

3021

Bucharest

890

Belgrade

925

Rio

3/16 Nom.

Buenos Aires

Nominal

Montevideo

30 nor

Bombay

1/0 0/04

Shanghai

1/0 13/16

Hong Kong

1/45 Yokohama........... 1/13/16 Silver (Spot) ............. 18 9/18 Silver (Forward) 18 11/16

BRUNSWICK HOUSE

Arcade, Gloucester Bldg.

(Continued at next column.)

AWORD IN SEASON

THE business world is facing a period of slow recuperation. In it there is no place for undue optimism or undue pcasimiam. A measure of cautious proce- dure will see things through,

N. Z. Perpetual Forests, Ltd. “urges investors not to lose sight of the elements of Investment-security of principal and certainty of yield. It stresses the fact that the price of a security must depend upon "the conditions inside the issuing company and the trade and the conditions outside them. There is nothing else for it to depend upon."

Because of this, N. 2. Perpetual Forests, Ltd.advises investors to place their money In a "Growing Industry,” In an Industry with a constructivo plan already in action to meet a defalte public need.

The £30 bonds of this Company — payablo by instalments-issued to effect an affore- station programme of vital importance to International trade-amply socured-and with a conservatively estimated yield of £260 in approximately twelve yours-are

· long-term Investments of solid worth,

Full details may be had from

U.S. COTTON HOLDINGS

60,000 BALES BEING LIQUIDATED

[REUTER'S AMERICAN SERVICE.]

WASHINGTON, Sept. 8.

THE Federal Farm Board an-

ADVERTISEMENTS. DAILY SHARE QUOTATIONS

PEAK TRAMWAYS COMPANY, LIMITED,

T

NOTICE.

THE undermentioned certificate for 50 Fully Paid up shares in this Company registered in the name of Wong Fat has been lost; and should this certificato not be pro duced to the Company before 16th September, 1982, a new certificate for

nounces that the Staple Cotton the said shares will be issued and the Co-operative Association is gradu-old certificate No. 248 will thereafter ally liquidating 60,000 bales of the be treated by this Company as 1920 crop These stocks are not NULL & VOID, covered by the controlled cotton

announcemont

FORD SALARIES. TO

BE CUT

SWEEPING REDUCTION

PROPOSED

THROUGH REUTER'S AGENCY.]

Certificate No. 268 for 80 shares Nos, 2951/3000.

HONG KONG STOCK EXCHANGE.

Buyin Kolları Blow

$1,578

****

£115 6x4 v. £14 £91

ES#

SHAREBROKERS' ASSOCIATION.

THURSDAY, SEPT. 8:

Banks

Buy.co Bellazo

Balus Momina

H.K. Banks ********* $1,540}

Do. (London) .. Chartered Banks...

Mercantile Bks. "A

Do.

*

Bank of East Asia... $108

Bhipping

$100

N. C. & 8. Barks

$7.35

128

Am. O. Fin, Corp: M

28 84.80

China Fin. Corp. urd

Do

Prof.

Xumorances

31,+10

Canton InsurRICOF.....|

Underwriters

$1,410

JOHN D. HUMPHREYS & SON, General Managers. Hongkong, 17th August, 1932.

$2,50 $470 6480

Union InsuranGEM.......

:3

1600.

China Fires

SATU

$1,900

H.K. Fires

1050

International Assoc...

$4

(2470

$26

Dougins

Steambouss

1221

$45

Indios (prof.) ........................

65

$3)

Do. (ill.)

59/6

Shells...............

80/-

What a MARRY

$20

120

miz-up! Over-

$181

$9

Fide $2.10 ............

B10

$2.80

T4

T.st

T.1

3404

NEW YORK, Sept. 7.

FAR-reaching salary cuts are an-

ticipated shortly throughout| the Ford organisation.

Only those receiving the minimum wage rate are likely to escape the reductions.

night husband, make-believewife, fix-it-up friend! Roaring Earco-

THIS

IS THE

NIGHT

KWANGTUNG PROVINCIAL

BANK.

TO RE-ESTABLISH HAINAN BRANCH.

(From Our Own Correspondent.)

TO-

CANTON, Sept. 8. According to reports in circula- tion in the City, the Kwangtung Provincial Bank has addressed · å petition to the Provincial Govern- ment seeking permission to establish its former branch office on Hainan Island to take tempor- ary charge of the finances of the Island before the treasury of the Civil Administrator's Headquarters functions.

Efforts to get this confirmed have proved futile but from reliable sources it is learned that the peti- tion will be brought up for discus- sion at the meeting of the Provincial Councilt,, ***

NEW MANCHURIAN BANK.

JAPANESE-MANCHUKUO INSTITUTION.

-are

Mukden, Sept. 2-Plane. afoot among certain Manchurian and Japanese, financiers for the establishment of an industrial bank in Manchuria with a capital of Yen 10,000,000. The object is to provide a money organ for the development of industrice in Manchuria and Mongolia.

The bank will be operated, on what is described as a joint Japan- ese-Münchukuo" basis; but the de- tails are being withhold,

FRANCO-AMERICAN TRADE.

NEGOTIATIONS FOR TREATY MAKE LITTLE PROGRESS.

Franco- Paris, Aug. 27,--Tho American commercial parleys have not shown any remarkable pro- gress so far.

$4.65

41 Gagamount Giche

LIZY

wid

$10.401 $10

$75

DAMITA

CHARLIE

RUGGLES

ROLAND

YOUNG

CARY

AT THE

KING'S THEATRE

AMERICAN-ORIENTAL

FINANCE CORPORATION

$16.45

⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀ong fur mat⠀⠀mi uruu muuuuuul

$4,80

25/0

Water-bussta

Mining

Bengtsl Fld

Venozueta Kailans

Langkats (single)...

T9.10 Exploration......... 12.30 huughai Lotus ...

Hanus *********** Tronoh Mines

$40

20 ata.

Benguet Explorations, Dooks, WharVGS, Godowns, etc. H.K. & K. Wharves. Providenta (old)

Do (new)...

ace

H.K. & W. Docks... 5. China Motors A'

Do

Shanghai Docks New Engineerings

· T.218]· HongkoĦI mu

Lands, Hotels, and Bulidings

H.K. Hotela (old) | $10,40|

H.K. Lands

(now) $10

T.241 Shanghai Lands

Tu Metropolitan Lands..

HK. Boalties.........

T11.40 China Do,

Do. Debentures Humphreys

$140

$2.20

$25

810

38

T.87

T.51

Gatton Mills

BOLLA

$140

$2.20

$24

$10

$10

1,88

T

10.45/50

$70%

$9.10.

T.06)

516

$16,20

$140

$28

GRANT

$100

Asia Realtice "A"M

Do. Chinese Estates.

"M

T13.85

Ewoa

COMMENCING

TO-MORROW.

T.63 Bhai Colton

T.68,

T11.10 Zoong dings

T11.30

$140

Wing On Textila(8) $133

Pubilo Utilities

$22.10

Tramwaya .........

$101 37

Posk Trams (old) .......

315

Do. (now)...

57+

192

Star Ferrins....

301.

ERAT

#15)

$261 Yaumati Ferrios (old)

ᎠᎴ,

(new Chins Lights (old)...

Do.

(new)...

3364

[$15.40)

$18

H.K. Electrica

$24

Macau dor

Sandakan Lights

$23 Tolephones (fully pd.)

$28

$22.20

T.10 China Buses

14/

(part pd.)] 213,25 322.20

(prat)....

T14 - Caldbeck,

Lord.)

1.101 Macgregors (pref.)

Cements (comb.)... $3,20

(old)...

$3

(DW)

$10 $8

$12.05 Ropes

$12

$10

$27}

1271

$19)

$13:

$6.70

$1.70

$5!

$21

Der A. Wings......... Amusemente s*** Ch. E'tainments.. Constructions, (old)

Do. Lane Crawfords... Mackintoshs.*******

$20 $135

361

(new)

$1.40

$5.33

Nanyang Tobacco... $41

816

Sinceros

$16

$13

$19

$12

$9.38

$10

Agents in Hong Kong

Asia Lands Limited

Gloucester Building, Telephone 28820.

40-HOUR WEEK PLANNED

FRANCE ABANDONS

SCHEME

(THROUGH REUTER'S AGENDY.)

ROME, Sept. ** WITHOUT awaiting the meeting of the International Labour Office in order to discuss the matter, It may he recalled, in this con- the Italian Government has coo. nection, that during the first quar-voked a meeting of employers and ter of this year France imported workers throughout the country, to from America, for a sum of francs deal, with the proposal to reduce 3,800,000,000, whereas her exports | the working week to forty hours. to the United States amounted only

to franca 356,000,000,

In view of the courteous 'tone of these negotiations, and of the com- mon desire to thieve positive results, it is hoped that the two countries will finally reach understanding.

MALAYAN TRADE.

JULY SHOWS FURTHER DECLINE.

The month of July saw a further decline in Malayan trade, the total imports of merchandise being $27,232,801

EXCHANGE.

CLOSING QUOTATIONS,

ON LONDONI —

·Bepsember 8, 1939,

Telegraphic Transfer... 1/42 Bank Billa, on demand 1/3). Bank Bill, 4 months'

sight

Grodita,

sight

OB PARIS:

Bank Bilis, on demand 600 Credits, 4 months. Kight 610 On New York:

Bank Billa, on demand 23)'. Credits, '60 days' right. siĝ Boxway :- Telegraphio Transfer Bank, on demand ... Calgutta S-BAN Telegraphic Transfer. Bank, on demand' BRANGKAI **** Bank, – at night ... ME ON TOKOHAMA *-*-*-*-*-*

and the exports Or $22,125,845. This shows & decrease in imports of 811,460,219 compared with July, 1931, and a decrease of 1 On

3,602,291 compared with June of this year. The export figures re present a drop of 810,341,431 from Ox those of July of last year and

$13.15

wuud m⠀⠀ 2 ng man?

J

312+

1.51

prem 31%

31290

$10

$140

***

Industrials Malabon Sugars

Canton leas

Uh: Agricultures

Miscellaneou Dairy Farm

Watsons (old)

Lo. (new)...... Wm. Powella

M. Greyhounds......

5. C. Enterprises ....

United Theatres......

B. Ini, G. Bonds... 60.

H.K. Gort Loans... $103 Wallace Harper China Sports Ltd.... B.K. Wing On.....$220 S'hai Do $200

LOCAL AND REGULAR OUTWARD MAILS:

Yoona & Tanaban.

Jongmoon (except Baturday,

Kaukong (except Saturd

}894

“Vataban and Wuch

Train)

WEEK DAYS.

FROM

( 7,15 am) k}ƒ T.BU MINU 1.1.15 p..

$23

SUNDAYS & HOLIDATA

FOR

FECK G.P,O.

SEMUNGWAN BRANCH PO.

FROM BARUNGWAN 4.P.0.

BRANCH PO.

1A1

month

CRALOD

Baishui and Wtiehow

direct steamsøer)

( 7,15 mm;4] $27,00 mán. 16,00 puta.

(7:15 am, de

(Br4.00 p

17.00 pe

(4.00 pin,

17.00 p

1.00

(8,35 sisis)

1.1,80 p.m.

6.00p.m.

6.00p.m. 6.00 pm.

2.15 p. Sundays 6.15 m. only: 6.00pm

1.30 p

Sundays 8.30.

Lonly

·000 po

6.00 130

7.18 mitme

7.15

11.00.

€ 9,00 m,bu à

9:00

8.00 pm

'ƒ 9.00 am, &

11.00

AP.B,

ordinary) and tin showing as ap- O BA100M-On demand preciation. Damar No. 1, palm oil, On BangzOK;—, black pepper, pineapples, rattans pit On demand summen. 1874 and tapioca flake all fetched lower Soygaxions, Bank's Buying prices, while there was no change Bate IVSEM FORNIREKTİON

On" demand

Shumchon

Channgehow

Aberdeen.

·Stanley ***

Pingal

2800 px.-1

1.00 p

11,00

16.00p.m.

& 5.00 p.m.

2,000

1:00 B

1990 pun 8,80,

$30

$50 p

10.40

430 p

10:30.

in coconut oil, rubber and ten to Dan Silvan, per că moart 10 11/18-

Karn

814kht & Taiping

7,00

720 pa

N. Z. PERPETUAL FORESTS,

LIMITED.

Asia Life Building-14, Queca's Rd., Central,

Telophone 27824.

| 81,594,831-froin Juno, 1932 -

Both imparts and exports touch On demand... 1.0 the lowest figure of any month this On Manila-On demand.... 47 year. Average commodity prices | ON SINGAPORE made a alightly better show in July | On demand com than in the previous months, areen- | Ow Batavia!-On demand, BNI : nuta, coffee beans, sundried, copra, Ox HairxonG 1---- white pepper. rice (Biam No. 4

Tai Po

1.00 pm.

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