1932-09-26 — Page 4

DAILY SHARE QUOTATIONS

·HONG KONG STOCK EXCHANGE.

Bayer Bellero

SHAREBROKERS:

ASSOCIATION.

|Nomiaal

SATURDAY. SEPT. 24.

BRYCES Bailers Baton Homina

Beaks

(820

H.K. Banks $1,895

Do. (London)

Chartered Banks'

Mercantile Uks. "A"

Bank of East Asia... 8:09

***

"0"

$1,200 H.K. Firos..........

International Anaca..

7.4

Loona

$101

318

PAR

13.30 Venezuels Gold Fide. $2.00

28/0 Kallans

Langkats (ain glo)....

12.10.

T9.30

$40 Haubs

Tronoh Mine

20 ota Benguet Explorations

Books, Wharvas,

Godowns, eta.

H.K. & K. Wharvoa.] $142

Providents (old) -- $4,80 | $4.45 |24.05

$142 $4.80

TH

HONG KONG DAILY PRESS, MONDAY, SEPTEMBER 26, 1932.

MONEY AND

MARKETS

NEW YORK STOCK HONG KONG STOCK JAP. WAREHOUSES

Report.

The market is very much a speciality affair, with Chrysler, General Motors, Bendix Aviation and United Aircraft and Transport suggested for trading purchases.

Business done: 2,200,000 shares.

Last Sale. Sept. Sept.

13.

FOL

Ti Anaconda Copper Min-

MARKET.

SATURDAY.

The upward movement referred to in the Weekly Summary continued unsbated this morning, the issues most affected being Hotels, Lights and Coments, all of which made further progress subsequent to the morning session.

Sales.

Hong Kong Bank #1,805/1,610. International, Assce. Tls,,4.07, Hong Kong Hotels (Old) $19/12), Hong Kong Hotela (New) $11.40... Hong Kong Lands $75.

Hong Kong Realties 894/9.60. Hong Kong Electrice. $75. Hong Kong Amusements $10). B. Ind. G Bonds 64 per cont

Buyers,

Hong Kong Bank $1,808. Union Insurances $490. Underwriters $2,85. International AssUO. Tis, 4.08. Hong Kong Steamboats $23. Union Waterboats $201,

Bonguet Consolidated #18..

Hong Kong and Kowloon Wharves

$149,

EXCHANGE.

$1,605

1,CUS/1,810

A

13511

A.O.F.C. QUOTATIONS.

2221

Bo.

$1000

N. O. & S. Backs

*71

New York, Sept. 23.

#28

Am. 0. Fin.Corp: M

16

China Fin.Corp. Ord.

Dow Jones Averages:-

$1.00

Do

Pref.

Insurances

$1,410 Canton Insurance.

Sept. Sept. 22. 23.

32.86

$400 $600

Underwriters

*****39.90.18. Union Insuranosa '......... Chins Fires ....... 2665

1+

$1,2.0

$4,05

$4.071

+42

$1,410 30 Industrial, 72.71 - 73,92 $497 20 Rails....... 33.08 30.22 20 Utilitics... 32.08 32.74

Messrs. E. A. Pierce and Co.

Change 1.21 up -

,54 up .00 up

silpping

$26

Douglase

Steambosts

$24 #92]

$45

$33

Do. (def.)

Indos (pref.)........

801.

63/14 Shell

6:-

Water-bouten ko

321

Mining

Bengo

$18

T.4

T.I

1.9

20

16,6

Air Reduction .....

2501

Allied Chemical and

Dye

60

$2.

American Can .........

553

201

18.30

Do, (LOW)...

$2.20

American Telegraph &

125

H.K. & W. Docks

$26

$10

S. China Moters A'

Telephone

114 1143

$10

ጊዜ

Do,

$10

American

Tobacco

1.90

Tou "B"

794.

817

ing

...... 131

14

Auburn

54)

от

Providents (Old) $4.50:

Borden Company

301

31

| 975/1

Canadian Pacific......

171

177

T.10

Consolidated Gas of

Hong Kong Hotels (Old) $12). Hong Kong Hotels (New) 8111 Hong Kong Lands $78.

H.K. Realties. $9.63

49.60%. eo

New York

001

es` |

Hong Kong Realties #9).

+

Drugs, Inc.

45

451

$15.80 Du Pont de Nemours.. 40}

44

***

Eastman Kodak...... 58-

58

General Electric

-203

190

General Foods

31

301

7.64 T1090 International

$162

General Motors 174

181

Harvester 201

27

Ewo Cottons Ts. 14.15. Hong Kong Trams $21.00. Star Ferries 101): Yaumati Ferries (New) $34. China Lights (Old) $17.80, China Lights (New) 817), « Hong Kong Electrica 875. Telephones (P.P.) '$234.

International Tel. and

Tol..

121

13)-

Lane, Crawfords #51.

$901

$91

Liggett and Myers-

Sinceros 15.350-

$35

"B"

64

618.

United Theatres Tlá. 6.35.

Loew's Ino.

32

331

Pacific Gas and Elec-

Sellers."

tric

311

321

Union Insurances $500.

Pennsylvania Railway 201

21

Radio Corporation

10

Hong Kong Amusements $191.

Sears Roebuck

231

931

Standard Oil Co. of

Now Jersey

301

311

Socony-Vacuum Corp. 101

Union Carbide und

Malabon Bugars

$25

Carbon .....

27

281

Union Pacific

77

79

United States Steel... 43

441

50

$14.80

$101

Do

Canton Ives ********* Cements (comb.)... 314.80

Westinghouse E. & M. 34

351

(old)...

Do. (now)...

$112 13

$12

Вар

$12.10

$12 80

$101

Ch: Agricultures

Miscellaneous

1271

Dairy Farmna .........................

127.30

#1

Der A Wings............u

19/185 $11.40

$71

***

$16

$140

$28

1. Da..

$100

T14.15

"M

Shangbai Docks.

New Engineerings T120 Hongkową Jums

Lands, Hotels, and Buildings

H.K. Hotela (old) | $12.46 UG. (new) $11.50 H.K. Lands

T.241 Shanghai Lands.... Metropolitan. Landa...

T11,40 Chian - Do

1,90 Do Dobontu es

Humphreys,******* Asia Healtion "AM

·Chiazze Estates.............

Gotton Mills

Ewas ................ T14. 13 T14.25

T.63 Bhai Cottons........

14].

4974

Wing On Textiles (S.)

Tramway....... $21.90

Punk Trams (old).........

Star Ferries

(now)...

Taumati Forrios (old)

Do. (beer)

Chius Lights (okl)... 9171

Do. (new)... $17.10

H.K. Electrica ..... $74. Macao do.

Sandakan Lights ...

(part pd.) $

Do. (pre):

Industrials

T.14 Caldbock, (ord.)

T.104 Macgregor pref.)

T11.10 Zeong Singe

$140

Publio Utilities

$21,00

**

$18

18

0911

331

$17.80

$17

$75

$231

IF

$16.35

Do.

$701

894

+

$28

felephonés

(fully pd.)

7.10

China Buses

2

Tractions

***

$1.40

$19 $19

Amusements ...... -

. Etainments.vn. $13 Ch. 36.10 Constructions, (old) (New)

$21

Do.

Lane Crawfords...... Mackintosh

Nanyang Tobacco...

Sinceresinau

318. G Watsons (old) $12

Do. HOW)......

Powells

$9.36 Wm.

$10.4 M. Greyhounds.......

1818. C. Enterprises....

H.K. Gard Loans... $JOS) |

15.35

United Theatres.à.

84%.

B. Ind. G. Bonds...

prem. 41%

31290

Wallace Harper

***

144

$10

Obins Sports Ltd...

$249

H.K. Wing On ...

$285

B'hai Do.

3215

200

LOCAL, AND REGULAR OUTWARD MAILS,

$3.50

Cements (Combined) $14.80.

10MESSRSG. A. HARRIMÁN'S

LONDON EXCHANGE

RATES

{BRITISH WIRELESS SERVICE.]

Milan Stockholm

REPORT.

CONDITIONS IMPROVING.

The confidence and buying power

reported in our issue last week is still behind the market and trading conditions are improving day by day. Nearly every stock canie in for its fair share in the demand which shows no signs of abating. Cements were wanted at $14.80 cash and $14.90 October after busi- ness done at $14.40 cash and $14.50

FULL

SPECULATORS BEATEN SO FAR BY ABSENCE OF DEMAND

SILK STOCK INCREASES,

THE WORLD COTTON MARKET.

POLITICAL RESTRICTIONS ON TRADE.

TOOTAL BROADHURST LEE MEETING.

Manchester, August, 10-Speak ing at the annual mosting of the Tootal Broadhurst Lee Company, Ltd., at the Memorial Hall, Man chester, Mr. Kenneth Lee, the Tokyo, September 17.-Goods chairman of the directors,' said that stored at commercial warehouses since the war naturo had been won throughout, the country at the endderfully good to the world, which

JAPAN'S BANK DEPOSITS INCREASE.

DUE LARGELY TO LOWER. POSTAL SAVINGS

INTEREST.

Tokyo, September 17-Aggre gata deposits at banks affiliated; directly or indirectly, to the 35 clearing houses, throughout the country on August 31 totalled: Y.5,578,038,000, an

tacresso

of

Y. 122,088,000 over a month ago, ne

cording to investigations by the Tokyo Clearing House. The abovey total is ahout the same as that at.

of August totalled Y.550,302,000 in should be enjoying a prosperity the end of last year. Classifical, the value, an increase of Y.02,127,000 naver dreamt of before. Instead,

over a year ago, nocording to the Japan Warehouse Association,

they found unemployment every. Sapporo, the Fukuoka, the Naga where and bread quoues oven in saki, the Akita, the Kagoshima, and' New York, one of the richest bities the Tau Houses have seen fails, but of the world.

all other houses report increases...

There is thus a tendency of hank deposits to increase throughout the country. This Increase is due largely to the Government nouncement of a lowering of the interest rate on postal cavings de- posits which caused a flight to town- hauks. Records, however, show

Gn-

Compared with the end of May, when the Saito Cabinet was formed, promising a boom, the above shows

No Buying, No Selling. a decrease of only 1.834,000. This

"One of the main reasons for fact demonstrates, recording to the

the enormous this state of affairs," said Mr. Lee, Japanese press, amount of goods imported by" is that nations refuse to realise speculators from the end of last that they cannot sell unless they year to the middle of this year, and į buy, and some States have not only how large & quantity is still kept owing to inactivity of consumption.

Classified, rice and wool hive de- creused thanks to seasonal demand, while sugar has witnessed a shrinked in twenty-one countries with that fixed aloposita increased sharp age through increased consumption, whom Tootals have been accustom-ly immediately before the interest: Rubber and metal wares also reported to trade; and this country, hav-

raised their tariffs but cutablished quotas to prevent the flow of goods Exchange, currency, and financial restrictions have now been institat

somo decrease des largely to brisk ing one off the gold standard into lowering and fell off after its export trade Raw silk stock has September, established a tariff to lowering. ingressed on account of seasonal add to the general confusion, Wo production, while that of raw cotton has mounted through heavy imports in May and June. -

were told it would help as to bar. gain Let me give you a little in- cident of how the so-called bargain- The brisk export trade through ing power may fail. When visiting the depreciated yen, exchange is not Belgium recently I found the dutios' on certain of our goods going into' reflected in the present survey, në most export goods do not pass that country had been almost warehouses. doubled; I asked why, and was told through commercial

that when we put on our tariff they Important items are as follows:

Amount. increased theirs so as to have some-O ...60,133,749 thing to bargain with,

Japanese rice Korean rice Foreign rico Wheat

Refined sugar Centrifugal sugar Foodstuffs

Cattan. tissues Woollen tissUÉS Cocoons

American cotton Indian cotton

Wool........

Silk yarn

Cotton yarn ... Woollen yarn Foreign style paper... Pulp

Artificial fertiliser Metal ores.... Iron Taterials ..... Machinery Chemicala Dyestuffs and Paints... Wax, fatty olls

12,771,345 The fact is that nationalism 16,731,337 and all that goes with it are rea- 8,024,754 ponsib ́s for a great deal of the so- 10,043,955 called business depression. The at- 68,641,842 tempt to get people to buy goods 14,123,202 for sentimental reasons is another 9,887,087 manifestation of the same disease. 10,300,297 All such cries as Buy British,' 11,806,603 Buy Empire' festrict the free flow 80,314,233 of goods on strict business prin- 10,111,069 ciples. The more successful and 18,014,723. well-advertised these ories are, the 101,773,412more other nations take them up in 5,460,780 order to retaliate. Our French and 6,146,877 Belgian salesmen, to reention two 28,100,834, countries only, have had a thin time 6,678,8:3 with their customers because of our

Buy British campaign. Buy Brinn

Tarifs Do Hari.

EXCHANGE.

CLOSING QUOTATIONS,

September 24, 1922. On Lomo ***

Telegraphic Transfer... 1/33 Bank Bills, on demand 1/27. Bank Bills, 4 months'

sight

Credits,

might FARI:-

******* 1/4 months'

1/42

Bark Bills, on demand 385 Credits, 4 months' sight 625 OR NEW YoAK!--

Bank Billa, on demand sti

Credits, 80 days' night. 24

ON BOMBAY:

U

Telegraphie Transfor Bank, on demand ...

CALCUTTA :---

871

Telegraphic Transferaze

Bank, on demand

ON SHANGWAY :-

Bank, at sight ON YOKOHAMA →→

On demand

Oz Maxiá-On demand.... 461.

On demand an

50* SINGAPOR OM BAZATI⇒On demand. 67) O HAIPHONG *****

On

on BA100. On demand 584 Ox BaxorOX:----

On demand druzeamarine 1484 Sovereigns, Bank's Buying

BAB SILVIE. DIE CO.

10,333,223 5,053,751 4,355,292

"The cotton trade in especially *2,708,680

Be 7,004,030 affected by all these obstacles F

cause of our climate, comparatively 2,613,081 2,006,208 few cotton goods are Bold in this

so we must look to over-Latest country:

markete for the majority of our

ACKN

1/4 171

October. Hotela firmed up to $12.40 84.55/90, and more shares could be trade. A tariff cannot help Totals BRUNSWICK

iwe bave never bnd foreign

chah and $12.85 October. Lights placed at the latter rate.

Hotels and Real Estate Hotels competition in our home market to improved to $17.75 cash and $18.00

ery sharp worry about: a tafil can only de October after business done at (Old) experienced a very

and

$17.50 cash and: $17.79/17.60 Deto-rise, shares having changed hsuds us harm." Mr. Lee gave examples MELOTONE ber. Many large parcels of Realties at rising rates from $11.40/12.40, of how the recently established

291 Nom. changed hands at $9.00 to $960 the market closing with buyers at duties had increased the firm's cost cash and $9.10 to $0.65 October. $12.40. Hong Kong Lands were of production, and added: “For Ewas improved on demand from transacted at $76.00, and there were some yehrs past it has been difficult the North to Ti 14.25. In the further buyers at $76.00. Hong for us to compete with certain other investment section Trams recovered Kong Realties opened quietly nations who have a distinctly lower.

to

$6,20.36.19

$131

$1.46

Paris

取

$10.8

New York

$13

Montreal

Rugby, Sept. 24.

68! 3.161 3.84

Brussels

24.97

Geneva

Amsterdam

17.03) 8.69

Berlin

14.85

671

63.

"19.50

Copenhagen

19 9/32

Oslo

191

Vienna

Prague

117

Madrid

Lisbon

Athens

Bucharest i

-49.9/39

110 5721 585

WEES DAYS;

SUNDAYS & HOLIDAYS

"Helsingfors

£39

Kio

FUE

FROM SMRITING WAN e.r.o.

Brands P.O.

FROM 0.2.0.

Canton

-Paashui and Wochow-(By).

direct stearier)

7.15 am.& § 7.00 um. {0,00 pano 17,00 pm.

ΣΟΥ -4:00 pan-

PROX SETÈNGWAN BRAMOR 2.0.

5.7.18 230 | 17.00 im. & 21.00 Putte

7:00 puitte 1.00 pm | 2.00 ABL

Buenos Aires

Nominal

Montevideo ...

Shanghai

Bombay

30 Nom, ∙1/01

1/8 5/16

less shares were still unobtainable

Hong Kong

Macno & Tuinshan

1-7,15 உங்

1.16 p.2.

1,20 pm.

Kongmoon (except Baturdays) – 6.00 p.m.-

Kwakong (except Baturdays).

6.00-p,m,

Bataban and Warlow (By

Train)

7.18 μm.

1.00 pm.

$ 9,00 M

8.00 p

Aberdeen Branjay-

8,00

· 12.30 pm.

8.50

: 6,000 puan

FROM

(8.15&B RO min, #

1.18 pm. 1.80 p.m. Bundays

8.15

{ only:

4.00 pm

11:00

9,00

11.00 m.

€ 13:00 12

Bunday

8.30 am. Lonly

600 p.m.

6,00 foto

1822.10 and Lands to $75. Star steady, but formed up a great deal standard of living. Our becoming 67/32 Nom Ferries improved to 8911, while towards the close, buyers prevailing & protectionist country can only

Electrics were in strong demand at

1/4 Tokohama angie

1/42 Silver (Spot)

1711/18 Silver" (Forward).... 13.13/10)

$75.00. Telephones made a sudden at $9.50 cash are $0.85 October. advance to $22.75, but neverthe

add to our difficulties and may

Dolton · Hils-Ewos were the mean reducing the standard of

at this rate. In spite of a rise in medium of a fair turnover at Tia.living for the workers in cxport in- exchange the sterling (dividend) 14.10/25, desing firm at Tis. 14.28.dustries. Let us hope that, before section was firm throughout with

Puble_Willtips,-Hong Kong the home. indistries have grown accustomed to the shelter of a business done in Unions at $500.00, and-Banks-$1,010.00 A dis-Trams changed hands at $21.00 to tinctly brighter outlook parvades $22.10.

Star, Ferries were in de tariff, and become dépendent upon it the while system may be swept y and goods allowed to flow AMERICAN ORIENTAL FINANCE the market at the close and we have mand at 2013 but sollers were,

China Lights (Qld) im- away in the near scarce. further improvement

proved to a buying rate of 817 freely. Universal free trado, would futora sausage

Banks-Hony Korg Banks were Hong Kong Electrics, after having bring universal prosperity.

plause)

CORPORATION

COMPLETE

SERVICE

A complete brokerage service -for- New York. Stooks is available at our local Agents -

Asia Lands Limited

Gloucester Building.

Daily Que

Explaining why the directory pro- posed that year to depart from the old, safe conservative policy

a shade firmer, business having been been done at $75.00 had further done at $1,600/10. Bank of East buyers at this rato. Telephones Asics remained in demand at (PP) advanced to 8931 buyers to-

wards the close, compute $108.

changed Miscellaneour-Cementa opened Instirances Unions hands at $500.00 Chila Under-steady at $14.40 and were in strong writers mot with enquiries at $2,00, demand at the close at 114,50% but keeping a large carry-forward," Mr. sellers wanting: $13.000 sellers were scarce Hong Kong Lee said the reasons wore that the Shipping Hong Kong Steam Ropes had buyers at $12.10 Bales company's position was strong, bastadiumproved slightly with buyers were reported in Dairy Farms" st at $23,00. Union Waterboats were 27 Lane Crawfords waremane, goods were elfeny, and while they wanted at $904-

quired for at 6 Sinceres were still had some writing-

Docks, Wharves and Godỡw/denit in at $15.30/40. Construp Jast atõuktaking, they?

digst 4818149.00

hands

(Old) changed huda lont pa

tions

where fear the bottom, Zorward Bettlement Days 7th contemplate, makin

ember 8th. Detober and 20th - large, loses

ber,

olatio

to 18

some

did not

RECORDS

THE

Obtainable→→

-from-

BRUNSWICK HOUSE

Arcade, Gloucester Bldg.

DONT FORGET

THAT WHEN

You are at Home you can get the

HONG KONG DAILY PRESS.

SELFRIDGES.