1932-10-22 — Page 4

DAILY SHARE QUOTATIONS

HONG KONG STOCK

EXCHANGE.

Buyer Baliars

3201

$3.00

17 ola

$1404) $4.8G 34.90

SHAREBROKERS

ASSOCIATION.

2

FRIDAY.

Nominal

Buyers.

Bailare-Bales

OCT. 21.

Banks

H.K. Banks

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

Mercantile Bks. "A"

Do.

81.076

£120 2141

22

207

N. O. & 8. Barks

Am. O. Fin. Corp:

Do,

-ĝia and me

$1,0

Bank of East Asia..

China Fin.Corp. Ord.

Insurances

$1,378 Canton Insurance. 51,340

International Asseḍ..

Loans ..

H.. & K. Wharvor.

Do

HONG KONG DAILY PRESS, SATURDAY, OCTOBER 22, 1932.

MONEY AND MARKETS

Homina?

NEW YORK STOCK EXCHANGE

LONDON EXCHANGE HONG KONG STOCK

RATES

12)

A.O.F.C. QUOTATIONS

ww

Meara. E. A. Fierce and do.

Report.

ared.

(BRITISH WIRELESS SERVICE.]

MARKET.

WEEKLY REPORT,

UNITED STATES AND THE FAR EAST

TRADE FOR 1ST HALF

OF 1932

WHY YOU HAVE INDIGESTION

HOW TO RELIEVE IT

When food outers your stomach, large quantities of acid-boaring

DECREASE OF 11 PER CENT.gastric juice are at once secreted.

:

If too much gastric julco is secret- ed, the food saan becomes a bout, During the first half of 1039 fermenting mass, which may remain in the stomach several hours, cays- The bulk of the business transact- merchandise exported from -the

ing great pain and distress. In- ed in the past week was in the United States to the Far East stant relief can be obtained in nature of Settlement liquidation, amounted to $180,000,000, a reduc- cases of this kind by taking Disur

ated Magnesia immediately after and chiefly in the lower-priced tion. of $3,822,000, or 11.1 per cent, enting or whenever pain is felt. jastes carrying "long" accounts.compared with 8203,832,000 for the This safely, surely and quickly neutralises the excées acid, 'stops Rates lave varied very little, per- corresponding period of 1031. haps a shade easier in two or three

the fermentation, soothes and heals. the inflnmed stomach lining and instances.

at once stores, painless, normal digestion. Get a package of Bisu- rated' Magurain from your chemist ar baxany dealer to-day, Lilo H directed cut you digey ive troubles.

On the other hand, the invest ment section has kept very firm, and shares of this class are hard to' como bye

Closing tone stendy.

BUSINESS DONE DURING THE WEEK

Hong Kong Bank 81,075.

Dall markets, declining prices for native commofities, and, in some instances, higher tarif rotes, which cust of American increased the goods, continued to restrict trade; while the lower price of silver in China and rapidly fluctuating ex- chango rates compailed traders to move cautiously in placing orders, especially for the more remote in- terior districts. Japan's financial

Union Insurances $504, $510, 8508. difficulties, combined with heavy China Underwriters 82.05. Providents (Old) 84.95.

212.10,

Hotels (New) 8111, $11.40.

Hong Kong Lands $70.

$1,605

214)

£GI

$108

:71

Dow Jones Averages

Oct.

New York, October 29.

Oct.

Paris

80

New York

Montreal

3.301

3.70

Pref.

Underwriters

**** $2.310

***

205

Union Insurancas...

3.05

19, 20. Change. 30 Industrials 65,74 04.40 1.34 down 20 Rails

30.45 29.70 31 up. 20 Utilities... 20.15 28.59

Brussels

23 13/32

Geneva......

17.57)

Amsterdam

8.432

.57 down

*620

China Fires

Milan

00/7/10

1675

$1,200

H.K. Fires......

$1,250

Berlin

***

Shipping

Doug users ...

$24

193]

Steamboats

$13

$45

Indos (prof.)

No sextensive moves either, way aro anticipated for the next few

Stockholm Copenhagen

Oslo

$33

Do.

det.

45/-

80/-

48,9

Sholla

541-

Water bouts

$204

Mining

$181

Bebguola...ja se

SIB

Venezuela

Gold Fida $3,63

ка

23/0

Kailan

1.4

Langkats (sin glo)....

Tza

Shanghai

12.10 Explorations...

1.2

T

810

Tronah Mince**** Benguet Exploration

3401 14,4

weeks Trading encouragement has been derived from the ability of | railroad issues to rally and re- assamo the leadership of the market On the other hand, indus- trin insuns lave, not followed thei lend of railroad· issues, and the | market appears to be still deadlock-

ed in a relatively narrow trading.

Vienna Prague Helsingfors Madrid Lisbon

14.97) 19 13/3 19.97) 10 13/38

................... 28. nom.

114)

230)

41 7/10

110

Athens

570

Bucharest

375

Belgrade

200

Rio

51 nom.

M

Docks, WhaITAS,

Buenos Aires

Nominal

Hotels (Old)

$12.30, $12.

Godowa, sto.

Business done: 1,100,000 shares.

$148

Dividend.

Last Sale.

Providents (old).--| 34,50 | $10*

Montevideo Bombay

30 nom.

1/0 31/84

8 Per

Oct. Oct.

19.39

(new)

$2.20

Shanghai

1/01

128

H.K. & W. Docks.

Share.

10.

20.

226

$10

8. China Motor'Á'

310

$3.00 Air Reduction, #581

#57)

Hong Kong

1/44

t8

B

310.

Yokohama

0.00 Allied Chemical

1/4.7/16

T.03

T.B

Now Enginearings

and Dye

76

75)

Silver (Spot)

∙17)

Ti

Hongkow ........

4.00 American Can. 531

53

Silver (Forward)

18

Lands, Hotels, und

9.00 American Tele-

Buildings

graph and Tele-

War Loan Assented... 1021

| $12.20

3114 $75

#11

B.K, Hotel (old)

Do.

$12 (new) $111

12.15) 1210/15

phone

1081

100)

#13.00) $119

5.00 American

To.

H.K. Landa

7647

bacco "B"

081

641

4.00 Liggett & Myers

Lauda

Anaconda Cop

T.10

per Mining

10

30.85

39.80

*

4,00 Auburn

451

T11.40) China Do

2.00

1.08+

Do.

Debenta os

Borden Co. Canadian

28

27!

"B"

3.00 Loow's Inc. 273

Montgomery

60

Cements 571

-27).

Ward 13

Dairy Farms $28,

121

Humphreys

$151

$140

Aain Realtics “A”M

328

Do.

"B"M

Pacific 143 1.00 Chrysler Motors 158 4.00

142

Watsons (New) 811.

2.60 National Biscuit 40%.

40

70

$100

Chincas Estaten..............

Qotton Mili

Oons o lidated Gas of New

2.00 Pacific Gas &

Electric

90}

28

T14.80 Ewos

York

58)

Pennsylvania

[14.80 T14.98

S'hai Cottons.--------|

7.72

4.00 Drugs, Inc.

35

348

Railway

158

14

Zoung Binge

*******

Tivi

2,00 Du

Pont de

Radio Corpora

8142

Wing On Textiles (8.)

+

$145

Nemours......

38

tion ..........

8

72

83

Scars Roebuck 211

21

1214

#211

6% a. Electric Bond &

1.00 Standard Oil Co.

.315)

Share

27

201

of New Jersey, 30%

~ 301

18

Do. (now)...

371

0,40 General Electric 10

15$

0.60 Socony-Vacuum

***

Star Furries

991

2.00 General Foods 301

30

Corp, 101

10

Yaunati Ferries told)

135

1.00 General Motors 15

132

1.20 Union Carbide

13:1

Do. (now,

1.00 Gilletto Safety 17

10%

and Carbon ... 28

25]

17.601.55

China Lights (old)... 317.40 $17.50 $17.5

1.20 International

6.00 Union, Pacifiq... 081

088

$17.0

Do, (new)...

1.7

Harvester 241

227

H.K. Electrics ..............) 376

$761

International

$241 #12

Macso do.

Tel, & Tel. 10)

10

United States - Steel

395 Westinghouse E. & M. ...... 201

Hotels (Old) $11.95.

38

20

T T11:10

$17.55

6768

1.90 Shanghai Docks

T.241 Shanghat

Metropolitan Lands.

H.K. Healties........................$9.85 | $9,96 |$9,00

Public Utilities

Tramways amma

Peak Trams (old).

Bandakan Lights .........

3282 Colephones (old).......

+

3271

3271

Do.

(now)..

$27

$271

T:10

China Busest.

Tractions .......

14/

Do (pret.).....1|

Indvairiais

197

TI

Cald book,

(ord.)

Malabon Sugara...

T.104 Macgregora pret.)

ex div. Canton Ice $5.60 ez d

$14,60 Cements (comb)...

Do. (old)...

474

3.00 Enstman Kodak 54

(Continued on next Column.)

AMERICAN BUSINESS CONDITIONS

A.O.F.C. REPORT

Humphreya 818).

stocks of cotton and the failure to

expand its business in Ching, prov. $12.20, ed additional determining factors

Hong Kong Realties 20,80. Hong Kong Tramways 891.80

8212.

in limiting the flow of American cotton to those niarkets. Exports of raw cotton in April, May, and June to Japan totalled 239,000 bales, na contrasted with 907,000 balca forj January, February, and March. American Raw Cotton, Wheat, and Flour.

:

897).

China Lights (Old) 817), 817.50,

$17.55. Telephones (New* $97,

$27.70, 827). Canton Ives 30 ex, div..

(Combined) $14.00, $14.30, $14.15, #14.30, 814.35, $14.40.

S.C. Enterprises $3, Constructions (New) 81.45.

Ewo Cottons Tls. 183, Tls, 14.90,

Tla. 14.80, Tis. 14.85. Zoong Sings Tis, 1.10. CHANGES (3.10 p.m.)-OLOSING QUOTATIONS. Buyers.

Union Insurances $510. Douglases $25.

Star Ferries 801). Telephones (Now) $274.

Bollers,

Hotels (Old) 812.10. Hotels (New) $11.60. China. Lights (Old) 817.40, China Lights (New) $17. Cements (Combined) 14.30.

Bales.

Hong Kong Banks 81,075 Hotels (Old) 812.

Hotels (New) $11.40/11}, Telephones (New) 827.70/27)

Nominal.

Humphreys $10.

Hong Kong Tramways #21).

the Despite these conditions, Orient doubled the amount of

American raw cotton consumed and increased purchases of wheat and flour, respectively, by 261 and 32 рег cent. By doubling is purchases of cotton goods, the Philippines afforded an outlet for one-third of the total amount ex- |ported from the United States. These islands also led in purchases of cigarettes. In contrast, the value of automotive products declined by 133 per cent iron and steel, 43 per cent; machinery, 20 per cent the amount of lumber, 21 per cent; and leaf tobacco, 77 per cent, -

one-

Import Loss Greater Than Export. Importa suffered an oven heavier loss from prevailing economie con- litions, declining from 8313,338,000 to 8137,862,000. More than third of this total loss was in raw silk and crude rubber items. Silk fell off 8 per rent and crude rubber 17 per cent, while their values re- ceded by 30 and 53 per cent, respec- little tively. Wood oil showed change; tea, cane sugar, and goat. ekins each increased 10 per cent, in quantity but values declined sharply.

During the period trada factuat ed each month, but with a decided downward trend. January exports aggregated $33,290,000, a reduction of 11.3 per cent compared with the figure for the previous month, while June exporta were 47 per cent below The January returns. June imports also were 24 per cent lower than those of January-Commerce Re- parti

cai Jauh at

EXCHANGE.

CLOSING QUOTATIONS.

O

LORDON -

October 21, 1932.

Telographic Transfor..... 1/4 Bank Bille, on demand 1/4 Bank Bill 4 months' "

sight.....

4

Credita,

sight

schema: 1/48:

months'

1/47

Bank Bills, on demand 375 Gradita, 4 months' sight 615- On New York:--

ON PARIS-

Bank Bills, on demand 221 Credits, 60 days' sight. 97) ON BOMBAT:-

Telegraphic Transfor Bank, on demand Ün Calousta * ---

Telegraphic Transler Jack

Baal, on demand '... ON SHANGHAI 2-

Bank, at might

O YOXOZANA:-

On demand

ON MANILA-On demand... 451 ON SINGAPORE; N

On demand ................ 571 OW BATAVIA:-On demand. 581, O FAITO Mi

On domand

On 84100%-On demand 57 ON BANGKOK :---

On demand ....... 1891 Sovations, Bank's Buying

BAR BILL, DET OK

Rate

1/41 177

AMERICAN ORIENTAL FINANCE CORPORATION

through its Agent Asia Lands Limited Gloucester Building

offers

COMPLETE BROKERAĠE .SERVICE

In

NEW TORK STOCKS

Fal and Odd Lots of listed Securitisa bought and sold fur cash or carried on conservative margin.

Phone 28380. Cable : ABIALANDS:

CONVERSION

ONLY 8 PER CENT. TO BE REDEEMED

$6

3.4.45 $141

Production and Distribution:

$31

Do.

(now)...

$3

Automobile Output

Week 1.1"

Tast week Preced. Month Year

8th-14th

Ago

93

$131

Ropes

$12)

Ch? Agricultures ...

Carloadings

100%

500

Ago

16* **76*

Oil Output

MiscellanyODIE

128

Dairy Far

#273

Bbla, of Crude, dły.' Avg.

2,173*

2,172* 2,106*

2,162*

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

Steel Production

$10)

Ainusements T

318

% of capacity operations

19%

19

15

20%

$134

Ch. E'taiamonts...... $12

Cotton forwardings to

181

Constructions, (old))

$8,411

U.S. Milla, bales

1:0

110* 131*

200*

$1.35

lla.

(new)

$1.48

W

Lane Crawfords....... .....

#21

Mackintoshs

**

Nauyang Tobacco... $4

$11.40

Sinceres

816.01

Call Money

$124

Watsons (old;

313

$11

Do. (now)

$19

Rediscount Rate

$3:35

Wm. Powells

$3.39

$10

M. Groyhounds

Finance:

Brokers Loans

Time Money, no days

N.Y. Fed. Reserve's... Federal Reserve System:

439+

433+

D281

1

2

2

21

1/

11%

2 %

WAR LOAN

21%

3] %,

91

31%

-801-

3. G. Enterprisen ....

Reporting member bank condi-

15t

69%

prem. 41,

$11

$10

#235

United Theatres.......

B. Ind. G. Booda...

1.K. (lort, Losus...

Wallace Darper China Sports Ltd... H.K. Wing Ou... S'hat Úc.

LOCAJ, AND BEGULAR OUTWARD MAILS.

tion:

66%.

$104

Security Lonna

All other Loans ....

Investments

4,481† 4,5217 4,419† 6,001+ 6,156t 6,183+ 6,203+*1870+ 8,215† 0,2011 7,150t 7,931+

$235

...... x13

Borrowings from F.R.

153+

Federal Reserve Banke:

Bills bought

331

414+

730+

U.B. Securities

1,851†

F.R. Credit Out

Gold Monetary Stook

WEEK DAYS,

SUNDAYS & BOLIDATI

Federal Reserve Ratio

FUR

Pan G.P.O:

Fox ¡SHEUKOWAN

UBANOR P.C.

FROM O.P.O.

FROM BEKONAWAN BLANGK P.0.

Prices: ..

Santon

(7.15 am. & 17.00 u.m. {6.00 p.10. Sawahal and Wacbow (By 4.00 pm,

direct steamer)

7.00 p.m.

4.00pm.

17.10 mt. $17,90 1.2. **11.15 pm,

11.30 p.m.

6.00p.m.

6,00 p.m.

(7.15.325. & 1.ƒ 7.00 am, & 18:00 p.

7.00pm.

1.CO pin.

9.00 8.3t.

(8.15 am 30

1.16 p.m. Bundays H.15. only 5:00 p

Cotton, N.Y. ots, per lb. Bilk, N.Y. 8 per lb. Rubber, N.Y. cta, per lb. Sugar, N.Y. cts, por lb. Wheat, Chi. May, per bu Silver, N.Y. cts, per oz..

5.85 2.65

0.00 p..

7.15.10.

1,00 p.m,

Uncas & Tuusban...

Xongmoon (except Saturdays) Kankong (except Saturdays). Fatahan and Wushow By

€ 1.00 km. &

18.00 p.10.

[9,00 %m, &

18.00 p.m.

7.15.10.

11,00

9,00 m

$1.00 ₤11.00 ..

& 6.00 pm.

Train)

To

Ini Po

Bhumobun

ƒ 1.00 p.m. &

Cheungchow

15,00 p

Aberdeen Stanley. Autan

8,00

18.80 p.m.

1.00 1.1. 11,00

8.20

Pingaban, Faniin.

· Shatavkok-and-Bheung- shul

Balkunga

fantan, Brokki & Talring

Talring

130 130,

10.30 8,111

1.80 p.m. Sundays 8.50 Lonly

6.00p.m.

0,00 pad.

331 341 3,951†. · 1,051† 9,934†

2,241† *2,3037†` 2,183† 4,9061 4,2017 4,198† 2,8367 61.3% 41.1% 30.6% 1.8%

Oct 14.

6.48 7.05 8.10 1.65

1.05 1.00 3-15/16 4-1/16 4 32 1-7/32 1-3/16 1/32 1.7/16 0.481 0.50) 0.60 0.48 97.73* 27,32 98.70 27,50 *000 omitted. +000,000 omitted.

Bummary,

October 15.-A reaction in security prices was precipitated during the week under review by nervousness in the political situation and weakness in commodity prices. The recession-in stocks was ended when genuine support came in on Tuesday, but on the next trading day the market failed to hold the im- provement. Business news was moderately favourable through-- out the week. Steel production continued to make steady upward stridos, percentage of capacity operations increasing to 10%.

·Carlowdings for the week ending October 8, turned up consider- ably. Banking figures which made their appearance during the weck showed batterment. Investments of reporting member banks have risen, along with gold monetary stocks. Call money dropped. to 1%. Commodity prices sagged.

Outlook-It does not appear probable that the decline which was quite sorcierœantly" will go very much further The new sonal rise in business statistics by this time so plain, will continue. for the next several weeks, and this ought for the present to be a sustaining influence.

London, Oct. 1-The following statement was issued last evening from the Treasury: The Five per Cent. War. Loan Conversion offer having been closed at the end of business to-day-Sept. 30—the Chancellor of the Exchequer on- pounces that, out of the total amount of the Loan outstanding on June 30 lart--i.e. £2,085,000,000,·| approximately, £1,990,000,000 ống teen converted, leaving only | £145,000,000, or 8 per cent. to be

redeemed in cash on December 1.

The Conversion operation having now-bera completed, the Chancellor fools that no further restrictions in

| the way of new issues are required, with the exception of Foreign. issues that is, on behalf of bor rowers domiciled outside the Em pire or issues, the proceeds of which would be remitted abroad; and the optional replacement of existing issues by new issues involving" either underwriting or an invita tion to the public to subscribe now enah.

Many industrial companies are already taking advantage of the cheap money conditions to reduce the burden of their prior charge capital.

-

AT THE

Peninsula Hotel

UNDER THE DISTINGUISHED

PATRONAGE OF

MES. W.T. SOUTHOEN

SPECIAL

DINNER DANCE

- (FANCY DRESS OPTIONAL)

IN AID OF THE NEW TERRITORIES MEDICAL BENEVOLENT SOCIETY

$10.00 per cover.

ENTERTAINMENT

· ·KINDLY PROVIDED BY Mas, E. FREROSOLO.......Focal Fleri, Mus. H. Mat......Classical Dancing. Hugo ̈& JosurHINE.

--Ball-roɔm-dancing.

FUNCTIONING

IN THE

ROSE:

ROOM

&

ROOF

GARDEN

SATURDAY 12th NOVEMBER 1932

8.30 P.M.

TILL 2 A.M.

For Table Reservations Phone 58081.

The

Hong Kong & Shangh

Hotels Ltd.