1932-10-18 — Page 4

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

SHAREBROKERS- ASSOCIATION.

MONDAY,

Buyers Bellern Dame Nomina)

Billers Bujart

Balse Wamine?

OCT. 17.

Banks

$1,636

£17

HK Banke

Da. (London) ...| Chartered Banks .....!

HONG KONG DAILY PRESS, TUESDAY, OCTOBER 18, 1932.

MONEY AND MARKETS

$1,626

10

TLES

CLT)

£14

2141

222)

Mercantile Bks. "A"

ST.70

Es

Do.

$100

Bank of East Asia...

$109

20

N. C. & B. Backs

571

$28

Am. 0. Fin. Corp: M

16

China Fis. Corp, Ord.

0450

Do.

Pret

11.90

Insuranose

$1,375 Canton Ingurandos....

$500 Union Insuranose... $620

International Aseco..

Underwriters

Chins Firos

$1,200.K. Fires.

$4.16

Shipping

3241

Douglassd

#23

Steamboata

$45

Indos (prof.)

$32

Do. (del.)

50/7 Shella

3201

Water-fuata...

Mining

#181

Benguets... - *****

$3.40 Venezuela Gold Fila. $3.16

$1454 $4.85

||

20 eta Bongast Explorations

14/-

A.0.FC. Average of Shanghai Stocks

1930

TWENTE PEPRESENTATNÉ STOCAL

October 11.

$1,420 12.00

3500

$875

$1,200

2000

14

24.00)

BRAL

65/

80%-

1075

3907

FILON

$18

21.00

95/

T.4

(sin glo...

FLES

*T2.10

T

2100)

T2.30

Lone

1.

|21,79

$10

Hanbe

$401

21.40

Tronoh Mines

16/0

21.00

Docks, Wharvon,

5771

Godowns, eto,

II.K. & K. Whuurvos.

50.34

3:46

Provideate (ohl)... $4,00

$2.39

Do. (new)

$2.20

19.00

126

H.K. W. Docks

210

B. China Moton' A'

$10

#H

Do.

*"

810

1.90

Shanghai Docks ....

T.91

T.B

New Engineerings

TLI

1.225

Hongkows

Lands, Hotels, and

Buildinge

812.10 $12.20] 312,10)

H.K. Hotola (old) | $11.65|

312

301

Do. (new)

#13;

$753

H.K, Lande * $70.

$76

241

Shanghai Landa...

T.10

Metropolitan Lands..

101

80.85

|1,064

Do

Debentures

$16

$140

Humphreys M Asin Healtion “A”M

+

$28

De.

"B"M

$100

Chincan E-tates,

Ootton Mille

*T14,60

T.:43

EWOH

P14.80 T.15 |T14,75)

T.70

B'hui Cottona..

T.11

T.08 {{{

BAR

*

Wing On Tortilos(S.)

$145

Public Utilitie

322

$22.90

HEAVY BURDEN ON INDUSTRY

$10

Park Tráma (old)...)

$15)

371

$21

Star Ferries............

3011

535

**

1341

334 $172

25,000,000 WEEKS LOST BY SICKNESS

$17.40

(new)...

$ 71

$784

$77

STBI

824

Macao do.

$28 $271

H.K. Realties......... 15.85

[TI140) Chins Do

Loong Sings

Trainway..................

Do. (new)...

Yaumati Ferries (old)

Do.

(new

$17,80 Chins Lighta (old)....

$12

Do. H.K. Electrica

Sandakan Lights...

$281 Telephones told)

++

IPT

$27

Do (now)

T.10

Buses

2/

Tractions T

***

14/

Do. (prof.)....

Industrials

#271

Mainhon Sugars

325

TI

Caldbeck, (ord)

T.

Macgregors prof.)

$51

16.

Do. (old)...

311

**

Do.

(now)...

$2

$191

Canton for .......

$14.30 Cements (comb.)... $14.15

BLA

$3)

$180

***

$10

1271

aca

$1

$17

$13

Ch. E'tainment..............

36

31.45

10.40

821

$12

$15.40

| $11.80

Ropos Ch: Agricultures

Miscellaneous

Dairy

Far.....

Der A Wings.....

Amusements

Constructions, (old)

Do. (Dan)

Lane Crawfordà.... Marrintushs

Nanyang Tobacco... j

Biuceros *****n

Watsons (old)

Do

(now)

$3.36 Wm. Powells

$10 Greyhounds.

$151

M.

831

S. C. Enterprises...

1'5.95

United Theatres

69%

B. Ind. G. Bonds...

prem. 4.

H. K. Govt. Loani...

***

Wallace Harper

3:0

$235

H.K. Wing On S'hai Do.

China Sports Ltd...

$15

PAT

أكل

1131

1£19

İTLESİ

[16:00]

33.19

(12.15)

13.00

-|12,15)

[1231]

CLOBED

41200

Saturday, Trams were steady with buyers at 31.75. Ewos were vari-

WILH

11.

JKS.

[1101]

RUSSIAN CIL FOR JAPAN

INDEPENDENCE OF GREAT BRITAIN AND US.

WILL THE SCHEME SUCCEED?

TEA PROFITS

HOW THEY HAVE DWINDLED

SINCE 1020

London. A heavy decline in the sarnings of the leading Indian and Ceylon tea companies for the poat throo years is revealed in an anal- Takyn, Sept. 27-A desperate at-ysis published by a firm of London tempt to evercome her dependency stockbrokers.

on American and British oil-and, The Assam group's earnings de- incidentally, an attempt to try and éressed from £1,930,000 in 1999 to harmoniza capitalistio industry £112,000 in 1930 and £235,000 in

with the industrialism of socialism-

was, recently undertaken by Japan 1931. The Cachar and Sylhet group when, towards the end of August, made a loss at £27,000 in 1929, and Mr. Kojiro Matsukata, better 200,000 in 1031. The Darjeeling known in Japan and elsewhere as

The former President - of the group's earnings diminished from Kawasaki Dockyard Company of £114,000 in 1020 to 461,000 in 1831. Kobo, left for Rusaia qua semi- The Douards group's earnings de- official mission to organise a gigan- 1

tic, join Russo-Japanese ail enter clined from £370,000 in 1999 to prise. The War Offico is believed 443,000 in 1931.

to be behind this move, the primary

The Ceylon companies' carnings

object of which is to ensure for diminished from £2,234,000 in 1924

Japan a source of oil, independent

of the two Anglo-Saxon nations, in to £053,000 in 1931. the event of untoward occurrences.

Similarly eight companies in the

The spade work, for the establish-Dutch East Indies, which mado a ment of such a Russo-Japanese oil, profit of £479,000 in 1920, show an enterprise had already been done by aggregate loss of £275,000 in 1931. Messrs. Junkichi Kato and Kiyoshi Hori, well-known in Japan's oil circles. Mr. Matsukata's mission.. it has been understood, was merely to put the finishing touches. •

The plan is to import 40,000 tons of gasoline, machine oil and other manufactured oils during the first year: 75,000 tons in the second year and 90,000 tons in the third year. limited, white cereal prices have Big oil tanks are to be installed first in Niigata, Nagoya and Osaka dropped.

and later in Taurmui (near Yoko- hama) and Moji, and the idea is to wage, in alliance with the Soviet, a war against the Rising Sun Petro- leum Co. and the Standard Oil Cb. of New York.

Evidently frestr buying necessary

for an increase in the volume of turnover on the local Stock Ex-

The Shanghai Stock Marke; pass ed through a quiet week. In enable and China Realtics very quiet. extremely uneventful session on When trading

resumed on Wednesday prices drifted trendless. ly. Trading was dull on the fol- Tuesday price changes were hardly change has now been showing up. lowing day again; cotton shares, noticeable. China Finance had The distinct possibility for bugi- which were in good demand, being buyers at 5.05, International As inesa rovival should enliven, the in- the, duly exception. No importance 'surance was wanted at 4.30, Shang, terest of long pull investors who was attached to the movement, how-hai Land was in demand at 21.25. base their calculations on funda- ever, owing to the small turnover. Local plece goods markets have mentals in the stock market and There was no manifestation of in, been very quiet during the week should influence them to make com- creased trading activity on Friday, under review, orders being verymitments in sound equities with changes sind in all depart ments. In anticipation of the ob. of the Chinese holiday. servance

done on very little business was

dustrial Health

Tigh for 1931-32

Low for 1031-33

COUNT HAYASHI RETURNS

S.M.R. TO EXPLOIT MANCHU GOLD AND OIL FIELDS.

Tokyo. Count Hayashi, Presi The report of the British la dent of the South Manchuria Rail Research Board ways Company, who has often post for the year ended june 30 lastponed his departure for his post, refers to the environment of the hne left for. Dairen, worker under the modern condj. tions of industry and to loss of time owing to sickness.

A

October 3, 1002-90,53 September 19, 1901–29.60 July 12, 1032-10.00 October 11, 1030-90.55

JAPANESE LOAN SCHEME

POPULAR

RUSH OF APPLICATIONS TO INDUSTRIAL BANK.

new

Y.50,000,000

Heavy Oil From Shale. Japan has yet other schemes to render her less dependent on for- eign countries for her oil supplies. There is oil in the northern half'

EXCHANGE.

CLOSING QUOTATIONS.

October 17, 1032

ON LONDON:-

Telographic Transfer... 1/31 Bank Billa, on demand 1/37 Bank Bill, 4 months'

sight

......1/4 Oredits, 4 months'

sight

1/42

Bank Bills, on demand 3-0 Credits, 4 months' sight #20

ON PARIB:--

On New York:-

O

...

Bank Billa, on demand 59 Credits, 60 days' sight, 137 BOMBAY

Telegraphic Transfer 879 Bank, on demand ..... OLLOUT:-

+

Telegraphic Transfer Bank, on demand ON SHANGHAL :--

Bank, at sight ... ON YOKOHAMA :---- On damand

...} 751

16

of the island of Saghalien (which, UN belongs to Soviet Russia). A com- pany has been organised by such financial interests as the Mitsui, Mitsubishi, Sumitome and Okura Pampanies to purchase crude oil from North Saghalien.

There is also the much-talked-of ON MANILA-On demand.... 45j

ON SINGAPORE:-- scheme of extracting heavy oil,

On demand

50% shale-from the Fushun coal mines, ON BATAVIA:-On demand. 661 but this projected venture has not

ON FIRIO advanced much beyond the stage of formulating elaborate sehrmes.

On demand

Os 84100N-On demand UN BANGKOK:-

Japan is also trying very hard to And a substitute for the American

On demand ....... 140 automobile, if not for all foreigu | BOVERSIGNS, Bank's Buying cars. The military insist that 媳 Bats

***** 1/49 way must be found in the in-BAR BILVAR, par ce 17 11/18

according to present indications, an infant motor car industry is to ba created for which the public will have to pay either with a subsidy or indirectly through higher duties. on foreign cars,

Tokyo. -The loan scheme for small merchants and industrialists, which was interests of national defence," and, augurated on October 1, is popular, The Japan Industrial Bank re: ports à rush of applications to its head office and branch offices. On October 3, as a matter of fact, such applications made a total of about 1,000. The Osaka Branch says that it is receiving several hundred visi tora a day over the loan,

The Japan Industrial Bank is

He is quoted as saying that on his return he will start on a tour of inspection along the Railway. Discussing sickness absenteeism, He sincerely hopes that in view of the report states that, from a com the present momentous situation, parison of thirty firms, the Board's the entire staff of his Company will

range of faithfully discharge their duties. investigators found from, two to fifteen days' absence

As regards the establishment of through sickness per person per the Showa Ironworks, Admiral now busy concluding its "compen- Godo, Director, is now negotiat-sation" contracts with autonomous ing with the Government authori- bodies in various prefectures. ties concerned, and the approval of has already arranged with the the Department of Oversens Affairs Tokyo Prefectural Office and the and the Department of Commerce Tokyo Municipality for a loan limit and Industry has already been 50-, aured. The only question yet to be settled is whather the capital of the Company should be increased, or debentures issued. The matter is

8271 nunum,

336 $EX

By for the most important absenteeism of cause diagnosed $8.80 was found to be influenza (whether in an epidemic year or not) and

$1.45 Ind

15.507/00

$13 >12

$3.30

$2

66

$104

LOCAL, AND REGULAB OUTWARD MAILS,

Canton

The

WEEK DAYS,

FOR

Σπου 0.2.0.

Едом SHKUNGWAN BEANCH PO..

(7.15.& § 7,00 mm. {7.00 pm.

16.00 pm.

Samshai and Wuchow (By 4.00 p.. 1.00 P

direct steamer)

Macno & Traban

#

AN

SUNDAYE & HOLIDAYE

FROM 0.2.0.

the common cold.

4

The annual loss through sickness of some 25,000,000 weeks of work among the insured population was a heavy burden on industry,

"Mechanisation," it is stated, now under negotiation with the "which has done much to ease the { authorities of the Finance Depart physiological burden in the so-called mont. The necessary measure will

heavy industries,' has at the same time, transformed many of the lighter manual processes into mere minchine-minding functions. This change in the conditions of human labour has been associated with an increase in psychological problems due to the demands which the new mechanised processes tend to make on the mental adaptability of the

FROM SHKUKUWAN BRANCH P.O. (7.16 m, & 7.00 am, & worker.

6.00p.m.

17.00 pm

4.00 P

›

9.00

"Leisure, intellectual develop- ment, and education have their re- percussions on health. Нелсе, іп

It

The latest military scheme is to establish an assembly plant in Mukden arsenal which, it is be lieved, is well equipped to assemble and even manufacture cars.

For two or three years before the Japanese suddenly overran Man- churia, this arsenal, ona of the most up-to-date in the Far East, had given up making munitions and had turned its attention to com: mercial pursuits. Particular head- way had been made in the manu facture of motor-trucks and cars. The engines were imported, but

of Y.15,000,000 and compensation of nearly everything else was made in Y. 3,000,000. Its contract with the the arsenal. The cars were extre Yokohama Municipality will be a mely suited to Manchurian condi Y.,500,000 loan limit and Y.600,000 tions and the hundred or so which were put on the rend proved to be compensation.

extremely satisfactory,

AUTUMN COCOON PRO- DUCTION IN JAPAN

Tokyo-A fairly big fall is anti- be laid before the forthcoming oreipated in the production of sum- dinary session of the Diet.

mor and autumn cocoons. The De- Gold mining is under investiga-estry estimates a production of 40,-

partment of Agriculture and For

tion. It will be started next spring 083,440 kwan; 38,301;700 kwan white along the Amur and other districts Aluminium mines and oil fields will also be worked after careful investi- gation. In promoting Manchurian industry, care must be taken that it does not pat pressure on Japanese industry.

(8.16 am, & B. & evolving a conception of industrial The present rise in due; of course, downward tendency was checked.

++

(7.15 & {1.15 p..

Kongmoon (except Enturday} Kaukong (s100pt Saturdays).

6.00 9.

7.901. £30 p.m.

6.00 p.00. 6.00 p.m.

1.16 p. Sunday 8.16. only 5.00 p

Fatuhan and Wochow (By}

Train)

044

7.15 2.

1,00 Pr

7.15.10.

11.00

Tal O

¶ 9,00 à.m, &

9,00 77

Tai Po

{8,00 pm.

9,000 &

11,00

18.00 putti

1,00 pm, &)

$11,00

m.

Chaungchow

144

16.00p.m

&5.00 p

8.00 In

B00B

Aberdeen

12,80 p.m.

8.30

8,90.p.m.

Balkong ***

4.80 pam

Namian, Skokki & Taiping":

7,00 F

Shumobun

Stanley

Autau

Pingehen, BoRNA

Blistenkok and Sheang

12,00

8,30 22:

10.50

·10,30 am-

1.90 p Sundays 3,80 Lonly

6.00 Pettis 0,00 TL

7:00 pm

and 1.721,080 kwan yellow. The ag 44,405,230 kwan so that the present .gregate production last year was forecast shows a decrease of 4,321,- 700 kwan or 0.7 per cent, Decreas ad brushing of hatched egg-cards, as well as adverse weather in the autumn. season, which caused! worms to Buffer from diseases, is held responsible.

RURAL SUBSIDIES IN JAPAN

health, we have to deal simula to the slump in the yen exchange of Agriculture and Forestry on Tokyo, Oct. 7-The Department eously with physiological, psycholo

Classified, however, it will be Thursday (8th) issued its regulation gical, and general environmental

noted that the rise is not universal. embodying a subsidy for economic factors."

The clothing group, which is sub-rehabilitation in rural and fishery

districts.

According to the rogulation, the COST OF LIVING IN JAPAN ject to a direct effect from the de

preciated yea exchange, shows a subsidy will be granted to prefec- tural offices or organisations for rise of 8.7 per cent. as against a covering (1) expenditure to estab advance of 3.7 per cent. in August.lish a special committee in their The light and heat group indicates prefectures to consider economic re- Covory, (2) expenditure for officials a rise of 1.3 por cont. for which to handle the rehabilitation busi- seasonal advance of fuel prices is nice, (3) prefectural subsidy to in- dustrial organisations to draw up responsible.

suitable plans and (4) préfecturál subsidy for carrying out any re- habilitation scheme,

SEPTEMBER INDEX SEES IN CREASE OF 1.1 PER CENT.

The cost of living in Japan is now rising. The Asahi puts the average index number for Septem

On account of high cost of raw ber at 163.5, a rise of 1.1 per cent, material, many Nems andig. the For many months the cost of lyfoodstuff group advanced, but their ing has been falling, and it was only two months ago that the rise was discounted by falls in rice

tinued at foot of next column.j and other products.

The amount of the Government subsidy may differ according to the amount included in the budget each

year.

ASSETS

£13,000,000

AMERICAN ORIENTAL FINANCE CORPORATION

through its Agent

Asia Lands Limited

Gloucester Building

offera

COMPLETE BROKERAGE SERVICE

in

NEW YORK STOCKS

Fall and Odd Lots of listed Securities bought and sold for cash or carried on conservativo margin.

Phone 28380. Cable: ABIALANDS.

BY APPOINTMENT

CLAIMS PAID

£40,000,00

GENERAL

ACCIDENT, FIRE & LIFE ASSURANCE CORPN., LTD.

All Classes of INSURANCE

WORLD WIDE.

ORGANISATION

AGENTS

JAMES H. BACKHOUSE

1A, CHATTE ROAD. TEL: 21788.