1932-10-26 — Page 4

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

SHAREBROKERS.

ASSOCIATION.

MONDAY.

Buyer Boilers

Baise Nominal

OUT. 24.

Goyera

Ballara

Banka

ILK. Banks

اBales Monian

HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 26, 1932.

MONEY AND MARKETS

SPINNERS' DISPUTE LONDON EXCHANGE

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS

ANGLO-DANISH TRADE

BIG ORDERS FROM EXHIBITION.

(BRITISH WIRELES? SERVICE)

Reony, Oct. 94.

The Settlement having passed off with no hitch reported, the open- ing session this afternoon gave in- dication of a firmer undertone, and COLONEL COLVILLE, Parlin- mentary Secretary to the Over- several buying orders were in evi-

|seas Trade Department, stated in dener, Lands, Electric, Dairies and the House of Commons that he had been informed by the organisers that the business actually transact- ed at the British Exhibition at Copenhagen was in the neighbour.. hood of one million pounds."

Large orders for coal and other goods were also made,

Telephones being in strong quest:~~

CUT IN PRICE OF SUGAR

SETTLED

RATES

61,675)

$1,665

***

£120) 214

Do. (London)

Chartered Banks...

£14)

ON WEST COAST OF INDIA

£23

Mercantile Bks. "A"

£21

Do.

REDUCTION OF 1/6 IN THE POUND.

GRITISH WIRELESS 'BERVICK]

£0)

5160

Bank of East Asi

$108

N, C. & S. Darka

ITHIOLON REUTER'S AGENCY.]

Rugby, October 23.

571

$22

AmO, Fin, Corp: 2

{SHITISH WIRELESS SERVICE.]

*U

China Fin. Corp. rel.

$40

Do.

Pref.

Paris New York

843

3.321

Loxtos, Osl. 23.

Insurances

Montreal

3.001

$1,375 Canton

$1,343

Brussels

23.90/32

$2.86

Underwriters

$2.10

Genova

8516

8515

Union Insurances 119

17.201

Sales.

$516

$076

Amsterdam

$.201

Raubis, 8301.

Milan

65

Hotels' (Old), A12.

24.1

$25

Berlin Stockholm Oslo

11.004

10.22)

107

$46

$32

Copenhagen

19.231

Vienna Prague Helsingfors Madrid

Lisbon

Athens Belgrade

20 nom

112

Hong Kong Banks, 81,670.

200

Uunderwriters, 22.85.

40

110

Waterboats, $207.

575

Vanz Goldfiels, 3.60.

2371

Bucharest

570

Chinn Fires

136,2 of H.K. Fires......

International Assce..

skipping

Douglu Steamboats Indios (pref.)

Do, let)

46;10: Shells

COP

Ruany, Oct. 21. | THE Financial Times' Ansterdam

corrispondent says that the THE dispute in the spinning sec United Java Sugar Producers have tion of the cotton industry wis annoured their willingness to resettled during the week-end. $1,20 dnce the price fimit for superior The terms provide for a wages sugars intended for the West Const reduction of is. old in the £1 and of British India in competition | the restoration of the 48 hour with British refined sugar,

Further negotiations Are The object is to end the British |boing undertaken to find means of Sugar Refiners' policy of affering securing the maximam output, their produce at a price a fraction [Comeiliation committees are to be below the official Java price limit,

1211

807-

Dif

Water-bont

Kining

$:51

Banguets.........

$18

Venezuela Gold Fits $3.65

5:7,HO

23/0

Kailans

T4

T

12.10 Exploratio

T.#

12.30 Shanghai Lo

Lans

T.x 3104 16/0

งาช้

$2.25

$28

$10

312

78

T11.10

Langkats (sin glo)...

$4.95

610

Trough Mines

17 cts Benguet Explorations

Docks, WharvoL,

:: Godowns," alo.

B.K:& K. Wharvos.

Provident (old) ....

Do. (new)...

H.K. & W. Docke

8. China Motors A

B

Shanghai Douke.

To New Engineerings

1.245) Hongkia Fredding

Lands, Hotels, and Med Buildings

**

如

H.K: Hetaly” (0)3) || $11.50||$11.10|

$11,45 11.7. D6.

B.K. Landa

+44

*****

$146

$2,20

26.

$10

510 730

(new)

$761

T.241 Shanghai Lande

T-10 Metropolitan Zandı..

29.85 H.K. Besities.

$9.35

T1140 China Do

S10 Humphre

1.98**Da. Dabentu es

$151

3140 Asis Residian “A

508

$100

;

Chinese Estalon

Cotton Mill

8146

Do "B"M

82.65

2017

T14,80 Ewos

T.78 Shui Cotton

21.05. 60

Zoong Bings.........

Wing On Textiles(3.) Publio Uutisi

Tramways

Trams

Pusk T $184

$311

(old).

Do (uor)...

Star Ferries

Yaunata Ferrica(old)

Do.

$17.40 Chias Lights (old)...

312

Do. (new)... H.K. Electrice ....... Macao do, Sandakan Lights .....{

8282 Do. (old)***

T.10

$29

#581 (now)

China Tractidua .....

Do.・ (prof)..

Industrials

·6244

$281

$28.10

min temmi mängu m

24

14/

127

Malabon Sugars

Ti

Caldbeck, ford.)

TJ

Mucgregors

pref

30

Caulon Ices

$14.3 Cements (comb.)....

$111

•Do. (old),...

#31

Do.

(DOW)...

$128

$10

327.80

$1

Dor

$.b

#13

361

$1:25

25.10 $21

$10.40

$12!

311

$3.36

$10

33)

J

$29

རྒྱ རྡོ ཚོ ཚོ རྗེ རྡོ རྗེ དྲི ཎ སྐྱབནྡྲ ༀ ::: རཱ 1 : 21|::

Ropes

Uh: Agricultures...

Miscellaneous Dairy Farroa

A Amusementa......

Wings.......

Ch. E'tainmonta...... $12

Constructions, (old)| $6.80

Do.

(new)

Lane Crawfords......

Mackintoshe *** Nauyang Tobacco... 34!

Sincerea Patsous (uld

Do

Do. (now)

Fa, Powells

ཅ་ས་་་་་

M. Greyhounda

&C. Enterprises.

United Theatres......

68%. Ind. G. Bonds....

prem. 41, H.E. Gort, Losus....

511 $10

Wallace Harper

་**

China Sports Ltd...

B.K. Wing On

$236

S'bai Do.

... $215

$121

WEEK DAYS.

FUE

FROM a.r.c.

Frox SHEUNGWAN BRANOM PO.

From G.P.0.

(7.15 am. & {5.00 p

***

*

T.14

20.15/

NEGOTIATIONS ON TRADE

BRITISH INVITATION TO FOREIGN COUNTRIES

RELATIONS WITH SCANDINAVIA

Iceland. Oct. 19.--The Govern ment of Ireland, as well as those of Sweden, Norway and Denmark has been invited to enter into tariff! negotiations with Great Britain.

The Danish delegation consists of the leaders of the four parliament. ary parties in the country. Danish representatives of industry, farm. ing, the merchantile classes and, Tagriculturists will also send a dela. Tigation unofficially. It will include 3140

representatives of baking, factories, dairies and egg producers to watch the vital interests involved.

$21.00

1157

373

1914

136

384

Oldest Treaty.

week.

set up to include representatives of both sides with independent mem- bera and aws independent chairman. The terms represent a compro. mise, achieved largely through the offorts of Mr. F. W. Leggett,

| Labour Ministry conciliation offi.

cer, who brought the recent weav-, ing dispute to a successful conclu- sion.

The agreement, it is claimed, wil secure higher production for the employer, and in consequence bet-' ter wages for the workers, despite the cut, while the new conciliation machinery should ensure the avoid- ance of further disputes,

NEW YORK STOCK EXCHANGE

A.O.F.C. QUOTATIONS

New York, October 24 Dow Jones averages:-

Oct. Oct.

29. 24. Change. 30 Industrials 60.85 01.03.18 up 20 Hails 27.28 27.33 .07 up 20.04. 27.07.13 ap

Messra. E. A. Pierce and Do.

London, Oct. 19.-The tariff cono Utilities

foreign 117.40 versations with certain

$17

177

$5,60

$14

$11

$3

$18

governments represent the counter- part of agreements with the Domin ions reached at Ottawa and together these mark a new departure in British trade policy which is at tracting much attention.

Invitations have already been issued to the Argentine, Danish, Icelandic, Norwegian and Swedish Governments, and proposals for tariff arrangements from the Uruguayan Government are also receiving consideration.

Close trading relations between Britain and the Scandinavian coun-- tries have existed for centuries. The Treaty with Denmark is drawn up $1.45 in Latin and dates from 1670, and is the oldest most-favoured-nation treaty in existence. The denuncia- tion of existing treaties in not con- templated, as modifications within their framework will suffice.

Report.

Rig......

5 nom.

Nominal

W nom 1/6 21/84

Buenos Airco Montevideo Bombay.... Shanghai Hong Kong Yokohama Silver (Spot) Silver (Forward) War Loan Assented.... 101.

1/07/10 1/43

1/43/18

18

18.1/10

CANADIAN LOAN FLOTATION

EIGHTY MILLION

DOLLARS

(THROOM REUTER'S AGENCY)

J

H.K, Electrics, 8771.

Telephones (New), 828)/20,

Sinceres, $158.

Buyers.

Douglases, $25.

H.K. and K. Wharves, $145). Providents (f), 8485. Hotels (New),, 811.40.

Zoong Sings, Tis. 11.10. Hong Kong Lands, 8761. Hong Kong Trams, $21.05. Star Ferries, 8017.

Yaumati Ferries (Old), 835. China Lights (Old)), 817.30. H.K. Electrics, 877. Macao Electrics, 23, Telephones (Old), $23.18. Telephones (New), 3281. Dairy Farms, 828. Watsons (New), 11. Sinceres, 815). Wing On (H.K.), 8235.

Sellers.

Cements (Combined), $14.30. H.K. Ropes, 8121 Watsons (Old)., B12}. ·

FO.

OTTAWA, Out. 21, STEADIER TONE OF RUBBER

internal loan of1 A DOMINION

eighty million dollars is being STOCKS ACCUMULATE IN U.S.:| floated at the end of the month, according to unofficial, but reliable advices.

will It is stated that the loan consist of G825,000,000 in three

The market is evidantly waiting. years four per cent. bonds at 99.20, for the meeting of the U.S. Steal and a twenty-year four per cent. Corporation to-morrow, The list is loan of G855,000,000, at 93.45. giving a fairly good account of itself, considering the widespread expres sions of bearishness and uncertainty prevailing.

Business done: 600,000 shares. ' Last Sale. Oct. Cct.

92.

Dir. Por Share,

$3.00 Air Réduction.. $54)

6.00 Allied Chemical

194 $54)

ride

717

and Dre 4.00 American Can. 50 9.00 American Tele- graph and Tele- phone

CANADIAN TOBACCO POPULAR IN U.K.

AUGUST EXPORTS NEARLY DOUBLE THOSE OF PREVIOUS AUGUST

Ottawa, Sept. 22.-The popula 50rity of Canadian tobacco in the United Kingdom is steadily in- 102creasing. During the eight months ending with August 1932, a total of 8,930,568 lbs. of Canadian tobac- co valued at $2,845,380 was export- ed to Great Britain as compared

with a total of 4,017,128 lbs. valued

at 81,420,809 for the corresponding period of 1831. The increase both 13 in quantity and value is thus ap-

proximately 100 per cent.

Bright flue cured appears to be the most popular variety for the British market, Burley coming

second.

Statistics available here indicate that tobacco manufacturing in the

28 United Kingdom has increased in the past six years by approximate- ly 97 per cent. Cigarette manu 201facturing in that period increased

$51

1012

5.00 American To-

$18,60

$13

$18

bacco "B"... 03) Anaconda Cop- per Mining

632

ot

$9.30

#zi

4.00 2.00

Auburn'

401

42

Borden Co. Canadian

281

201

60

$104

FRENCH VIEW OF STERLING FALL

Pacific. 13 1.00 Chrysler Motors 131 4.00 Consolidated

13)

The

Gan of New York.

figures, it may be stated deal only

56)

50

with unmanufactured tobacco.

4.00 Drugs, Inc. ..... 321 2.00 Du Pont de

317

Nemours

321

33

3.00 Eastman Kodak 49j 0% a. Electric Bond &

Share

401

23

0.40 General Electric 14 2.00 General Foods. 284 1.00 General Motors 12 1.00

14

12

1.20

Gillette Safety. 15) International

Härtester 201 International

Tel, and Tel. of

831

54% 201

114 371

201

Railway 151

14

Radio Corpora

tibn.......

7

Bears Roebuck 186

10

1.00

Standard Oil Co.

of New Jersey... 28

201

0,80

Sacony-Vacuum

Corp.....

of

1.20

Union Carbide

and Carbon ..... Union Pacific

231 63

United Stater Steel Westinghouse E:

351

25

Montgomer

LOVAŤ, AND REGULAB OUTWARD MAILS,

BRAMOR

CONFIDENCE THAT IT WILL AGAIN STRENGTHEN

SUNDAYS & HOLIDAYS

Paris, Oct, 19.-The impossibility

FAM

of controlling currency off the gold SERUKOWAN" | standard over a long period is the

PO,

moral drawn by the Paris newn- paper, Le Temps, from the decline 7.00 am &

in sterling during the last few days. 7.00pm.

The fall has somewhat mystified

(7.15 am. & § 7.00 mm.

8,00 pain,

7,00 p

4,00 paʊ400 piniją-9.00 mm,

Cantone Bamthat and Wuchow--(By)-1,00 10,

direct stommer)

Macs & Trimsa

Cheungchow

Abardeon

8.00 p.m.

9.00 a..

| 8,00 p.m.

11:00 pun, &

15.00 pm

1.80 p.m. Sundays

(8.16.80

1.15 p.. Bundays 8,10, only GO0 p.m.

7.15 $0.

11,00

† & 6.00 p.m.)

8,00 sta 11.00 $135.

Lonly

·0.00 p 6,00 m

financial circles here but the general opinion is that it is due to the cessation of intervention by the 400 Liggett & Myer's Bank of England to prevent a de-

3.00 Lopy's cline, but at the same time it is believed that its extent and rapidity exceeded the anticipations of the Bank.

It is impossible, French authori ties dy, to prophesy future move- ments of sterling, but there is con- Idence in Paris that it will streng then again after-the double settle- ment having over the British Tren- sury in December has been got out of the way, namely the repayment

251

Ward 111 2.80 National Biscuit 38 2.00 Pacie. Gas &

Electric

201 Pennsylvania

of foreign helders of Wai Losu on.600 December 1 and the war debt pay- ment of G495,500,000 due to Ameri. ca on December 15:

MA& MUSSAINIII. 251

£7.38 n.m. & 17.80 1.70.

1,15 ..

11.50 p.m.

Jongmoon (except Saturdays) 5.00 p.m.

Kankong (except Baturdays),

8.00 p.m. 6:00 p.in,

Fitshan and Trichow (By】

Train) Tal

7.10A.M.

1.00 p.m. 1000 ml k

0.00

(11,001

Bintankok-and-

8.00 am. 12.80 p.

Branley....

1,30

8,90 m.

-á utan.

Plazibank Ɛentin

4,80 p.

10.30 am

Balkung

Hamisa, Brekk! à Taiping

Femin)

-7,00 p.m.

7.00p.m

تو

by 52 per cent. but there was n considerable decrease in the output of cigars and other manufactured tobacco,

Prior to the stabilising of the Empire preference pecorded by Great Britain on July 1, 1928 the. great bulk of unmanufactured "to- bacco imported by the Mother Country came from the United States. The year following the granting of tariff préférences tb the Empire on tobacco, Canada shipped 115,000 lbs of various to bacco leaf to the United Kingdom. The increase since that time has been tremendous,

It is stated that buyers in Great Britain are to-day convinced that 231 the quality and flavour particular. ¡ ly of Canadian cigarette leaf are not-much,-)f-any different from the

351 old and well-known leaf grown in the States of Virgipin and the two Caroliată.

BUT DWINDLE IN U.R.

London, Oct. 20. The chief factor contributing to the steadier tone of the rubber market is the fall in sterling in terms of United States and Wilson in their·report.. dollars, state Messrs. Symington

They add that the steay accumu- Intion of rubber in America don tinues. Of the 408,000 tons in stock and afloat at the end of September, 309,000 tons are held by manufac turers, who accumulated it for their own consumption.

In the meantime stocks in the United Kingdom, according to Messrs. Symington and Wilson, continue to dwindle.

THEY

EXCHANGE.

CLOSING QUOTATIONS.

October 25, 1938.

ON LONDON:-

Telegraphic Transfer... 1/4]

Bank Bills, on demand 1/4

Bank Bills,

sight

months'

Credits, 4 months'

Light

Us Parts:

1/5

Bank Bills, on demand 357j Credita, 4 months' aight G ON NEW YORK —

Bank Bills, on demanu 12): Crodita, 60 days' aight, 13, ON BOMBAT:

Telegraphic Transfer eng

Bank, on 'demand... ÜN DANGUTTA:-

Telegraphic Trangler Bant, on demand' *. ON SHANGHAI T

Bank; at sighs ... ON YOKOBAMI :-

On demand

#4

ON MANILA On demand... 443 OX SINGAPORE:-*

373

Co demand........................ OR BATAVA-On demand. Bh

On demand

ON BIGON: On demand ON BANGKOK- On demand

Sovaniats, Bank's Burios

Fate

1/ BAR SILVER, per cui min. 18

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THE HONGKONG DAILY PRESS