1932-11-24 — Page 12

12

DAILY SHARE QUOTATIONS

HONG KONG STOCK

SHAREBROKERS* ASSOCIATION.

$1,660, H.K. Banks.......

HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 24, 1932.

MONEY AND MARKETS

IMR. W. F. SPALDING | HONG KONG STOCK

ON SILVER

EXCHANGE.

Bayer's Boilers

Bates Nemias)

WEDNESDAY. NOV, 23.

Buyers Artisa Halse Mamina

Banka

LONDON STOCK EXCHANGE

Lik

213

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

*M

1234

Mercantila Bks. "A"

$1,655

B 231

De

"O"

DULL CONDITIONS IN ALL SECTIONS

EFFECTS OF DEPRECIATION ON ASIA

$109

N. C. & S. Backs

$28

Am. O. Fin. Corp:

1G

7.1.40]

Do.

Prof.

Insurances

31.50

ENG

$4.20

23 eta

! ! ! ! ! ! ⠀⠀⠀!

11⠀⠀

* ? 1 : * : *.!

Bank of East Asia... $1081

$71

$2.80

China Fin. Corp. Urd.

51,2 Canton lagurances....

Underwriters 13.95

020

International Assce..

Shipping

Douglast

Kailans

imogkets (single).......

116 Explorations.....

1,36 Sughi Loans

Raubs

Tronoh Mines Bouguet Explorations Docks, Wharees,

Godown, sto.

B.K. & K. Wharves.)

Providente (old)

**

+

$1,315

---

...

$675

$1,200

(THROUGH REUTER'S AGENCY.)

London, Nov. 22, The market for gilt-edged securi- tica rallied sharply. Otherwise the.

market has been dull.

(Special Air-Mail Service)

LONDON, Nov. 8.

In the course of a lecture to the Incorporated Secretaries' Associa. tion on October 31. Mr. W. F. Today Spalding referred to the catas trophic fall in silver, and said that it had a weakened the purchasing power of Asia that it was probably one of the main causes of the world depression.

Price

One reason for the depreciation was the abandonment, wholly or partially, of silver for coinage by European nations and as a stand- ard of valse by some of the East tern countries In view of the pecu- liar circumstances of its produc- tion, permaneal stabilisation of the price of silver, he thought, hardly ane within the region of practical politics. The only hope for the future, then, was for consumption

2410

Union Insuran

China Fires.........

$1,190.K. Fins.

24.90

Last Price

320

125

ક

Steamboats

$13

Burmah Oil

444/41 63/9

ม

Incios (pref.)

65/-

$33

Do. (del) a

Anglo-Persian Oil

48/3

40/3

80%-

50/8

Shells

Mexican Eagle

7/4

7/3

Waterboata

$10}

Mining

Royal Dutch

£18-1/2

$:8

Benguels............

Conta.....

£18-1/4 -15/3 45/0

Vonozucla Gold Fid.

$18.

F

$4.25

Daily Mail Trust... 33/-"

33/-

20/-

55.'-

Imperial Chemical 23/14 23/6

1.4

T

T.:

Imperial Tobacco.. 93/9

·05/-

་་

Guinness

80/0

70/0

$11.20

Distillers

53/-

50/-

18,0

General Electrio

40/-

40/-

Electric

Musical

Industries.

12/3

3148

AV

$1481 Turner and Newall

$4.65

$2

Du. (new)...

34.65 $470

#4

Unilever...

$2.20

124

H.K. & W. Docka

Vickers

$27

B10

8. Chiun Motors' A

Woolworth

12/11 23/3 247- 32/3**32/-

0/7 0/71 877- ET/-

39

*ዜ

Du.

H

Ford Motors

23/-

32/8

39

1.904

131/3 131/3

120/3

125/71

T

Chartered ....

16/4) 16/3

London Tin Burma Corp

0/- 0/-

10/4

10/3

$10.95

Anglo-Dutch

10/8

10/6

***

10.7

International

$78

$781

- Nickel $13

$12

Hydro-Electric 80-7

201

Brazilian Traction $13

$129

$9.20

10.30

International

Ti140 China Do

Holdings $1.3812

"Shell" Transport

M3140) Asia Ronition "A"..

and Trad. Ord

lat $28

Do.

(Bearer)........

48/0

48/0

$100

Chinese Estates.......

Thomas Tilling

55/0

55/6

Cotton Mille

Courtaulds

31/0

31/0

14.00

International Tea

The confidenen in silver among the Oriental nations must have been rudely shaken in recent years, and steps must be taken to restore

176

Storus

29/0

20/9

T.

Everready

28/1

28/73

their faith in the metal,

but

$149

Pinchin Johnson ..

27/3

27/3

Pekin Syndicate ....

1/0

1/9

in the resusciation in price.

$211

Ex dividend.

#151

571

194

714,76 T75

28

lu 70

146

1.100 Shanghai Docks...

T6,90 New Engineerings,

816 HongkoWB, A

Lands, Hotels, and Bulidings

$10. 0.1720 H.K. Hotela (old) $10.90) 311

Do. (new) H.K. Lands

T.231 Shanghai Lands

Tuo

Metropolitan Lands..

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

1.994 Do. Debentu.es

516 Humphreys

Ewos

S'hai Cottont...

Zoong Sluge .........

Wing On Textiles(8.)

Public Utilitie

Tramways *******

Peak Trama (old).

Do. (now)...

Yaumati Ferrios (old}]

Do. (now,

China Lights (old)... $14.20 $14,40

Do. (now)...$3.80|

Crown Mines

Sub Nigel

335 LONDON EXCHANGE

8142

#211

$151

802

Star

Ferrion

134

$14.35) $14}

14 14.60

RATES

$14

|72/78}|

H.K, Electrics

$781

Macio do.

#12

Bandakan Lights...

(BRITISH WIRELESE SERVICE.]

$20

$27

Do. (now)

Telophones (old)......

$284

827+

China Buses ever

27-

Tractions

12/

Do. (pref.)

Paris New York

RUGBY, Nov. 92, 83 11/10 3.271

Industrials

Montreal

3.75

F27+

$26

Drussols

23.00)

T+

Caldbook,

Geneva

17.00

T.

Amsterdam

30

Canton fees

16.20

312.75

Milan Berlin

$11

$2

$12.50 #12 1270,80

$18

Malabon Sugara

Macgregors

for

Cements (comb.)....

Do. (old)...) Do. (ABW)...

$12.00 Hopes......

Ch: Agricultures

Miscellaneous

Dairy Farmacia

Der A Wing........

Amusemente

Ch. Etainmente...... $121

Constructions, (old)

10.

(Bow) $1.39

Lane Crawfords...

Mackinwals...........

Sinceron

Watroza (old)re.

Nanyang Tobacco...

$131

art

#28)

Stockholin Copenhagen Oslo Vienna Prague Helsingfors Madrid

Lisbon

Athens

Bucharest Belgrade

Buenos Aires

Montevideo Bumbay

Shanghai

8.14 63 15/10 13.75 18.80

10 7/32 10 D/16 28 nom. 110

40 1/10

of the metal to be increased,

There was, in his view, little like- lihood of any country going back to bimetallism, but with the trade of the world at stake there was every reason why gold standard countries should proceed with the minting of silver coins of a fineness of not less than, say, .000.

MARKET

YESTERDAY'S OFFICIAL

REPORT

The recovery made by China Lights and Cements yesterday afternoon was not sustained this morning, although the volume of offerings was not heavy. The entire eculative motion, however, ruled irregular, causing the investment inues also to ang off slightly

Sales,

Underwriters, 82.80. Hotels (Old), 810.00/11.10. China Lights (Old), 814/14,60, ILK. Electrics, 878/76), Cemonte (Combined), 812.70/12.80. Cenonts (Old), stoj Cemanta (Now), 82.15. Dairy Farms, $284. Buyers.

Unilerwriters, 83.50. International Assen, Tis. (20, Douglasex, 42,

Union Waterbonts, 831. Kaubs, $101.

Venz: Goldfields, 84.50. Beuguet Explorations, 23 centa. Providents (Old), $4.65.

Intels (Old), 211. Ewo Cottons, Tla 14.70. Shanghai Cottons, Tis. T. Zoong Sings. Tis. 11. Peak Trams (New), 88: China Lights (Old), 814.35. Macao Electrics, $20. Cetants (Combined), $12.00. Cements (New), 82.13.. Entertainments, 812). Constructions (New), $1.35. B. J. G Bouda, 09%. Govt. Loans, 9 Prem.

Sellers,

H.K. & K. Wharves, $148. Hong Kong Lands, 878. II.K. Realties. 89.20. Yauma Ferries (Old), $35. Yaumati Ferries (Now), 8343. China Lights (Old), 814). Cements (Combined), 812% Agriculturals, $10. Dairy Farms, 828. Wallace Harpers, 810.

Europe must be in the vanguard THE ERRATIC YEN

THE FUTURE OF SILVER

LONDON, Nov. B.

ANSWER TO FALL IN STERLING?

"LOOP LINE IN 'CANTON"

DENIED

(From Our Spočiai, Jorrespondent)

Canton, Nov. 2.

CONSIGNEE NOTICES,

NOTICE TO CONSIGNEES.

OCEAN STEAM-SHIP CO, LTD...

AND

CHINA MUTUAL STEAM NAVIGATION CO, LTD.

por Co.'s Vose!

Mr. Li Shin Kan, director of the CONSIGNEUR DOLORE

Canton-Shiukwan Sbetion of the Canton-Hankow 'Railway,' denies

FROM UNITED KINGDOM the current rumour that a plan is

· VIA SINGAPORE afoot to link up his line with the are heroby notified that their Cargo Canton-Kowloon Railway by the will to discharged into Holt's building of a short line connceting Wharf, Kowloon, waste it will lie an the Taishatou or Shckpní station Consigamos' risk and subject to Terma of the CK.R. with, the Saichuen sad Conditions of Storage at Holt's

Wharf. The Cargo will be

ready for station of the other line.

Delivery from Godown on and after 21st Novembor.

Mr. Li attributes the source of the present rumour to speculators who are attempting to profiteer by the fluctuations in land values of the area in the northern part of the city through which the connect ing line is to pres.

Canton-Shiukwan and Canton- Samahul.

Optional Cargo will not be landed here Steamer's arrival, but carried on from unless Notice has been given prior to port to

to port to the pal port of call to

the option artonda.

All broken, obaled and damaged Gooda are to be left in the Godowis, where they will be examined on any Tuesdays and Fridays between the hours of Mr. Li states, however, that the | 10.48 .. and Noos within the Bros. Canton Shinkwan and the Cunton-Storage period Samshui lines, both of which are under his administration, will in due course be linked together when the now bridge crossing the Pearl River is completed:

It is also understood that the Canton-Shiukwan Railway is mak-

ing arrangements with the ad- | ministrations of several public high- waya recently constructed in the North River area for the inaugura- tion of joint freight services.

year, and the favourable trade balance for the month was" 44 mile lion yen compared with six million yen a year ago.. For the first nine months of 1992 there was an excess of importa. however, of 115 million yon against an excess of imports of te million yen in the correspond ing period of last year. Recently Japanese trade has been stimu lated by the depreciation of the currency.

No Claims will be admitted after the. Goods have left the Steamer's Godowe, and all Goods remaining, undelivered after the 28th November, will be subject to Beat.

All Claims against the Steamge must bo presented to the Undersigned an of before the 12th Dec., 1932, or they will not be recognised.

,

No Firo Insurance `will be affected

BUTTERFIELD & SWIRK,

Agents

[280*

21st November, 1932,

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.

CONSIGNER (NOTIUE,

M.S. ARAMIS."

ARKIVID HONG KONG une TUESDAY, TEM 29ND NOV., 1932.

From MARSEILLES, A Conditions in the spinning in- dustry in Japan have shown con-love-named Steamer are asraby UNSIGNEES of Cargo by the

Textiles.

siderable improvement in the last six months and there has also been more activity in the artificial and raw silk industries. It is reported that the increased trade, activity has enabled shippers to give en- ployment to some of their laid-up

tomago.

informed that their Goods, with the axception of Oplum, Treasure and Vala- ables, are being landed and placed at their risk in the Godowns of the Bong Kong

be

and Kowloon Wharf and Godown obtained as the Goods are lauded. On, Idd, Kowloon, whence Delivery daa

Gooda mut cleared within 7 days, in- cluding date of arrival, will be subject to Rent

All Ülaints must be sent to the Under- signed before Saturday, the 3rd Dec., 1932, or they will not be

recognised.

Answer to Fail in Sterling. The recent full in sterling gavo British exporters an increased, hd- vantage and it is, thought prob able that the sharp downward The present manth silver is open.

movement in the yen has been ing at a higher level than it has

(Special Air-Mail Service) brought about in the interests of touched since the early part of

Japanese exporters in order that LONDON, Nov. 9. they should not be placed at a dis- Sopt. The rise has been partly due The Foreign Exchange Market advantage as a result of the fall The Japanese textile to the setback in sterling during the here is puzzled by the vagaries of in the

the Japanese yen. latter part of last month and part-quated at the beginning of October Lancashire

From 1/3d. industry is a keen competitor

for the cotton-goods ly to expectations of international it improved to 1/4gel, and then at trade in india and China, and the aupport for silver, resulting from the end of the month dropped to frequent, disputes in the Lanca

1/3d.

shire industry only gives an added the coming world economic con- Why this sudden fall in view of advantage to its competitor. Curas lu any osso whatever. ference.

Japan's improving trade position Exports from that country during the month of September showed an increase of 40 million yen as com- pared with the same month last (Continued on nezt column.)

1.

There is, however, considerable conflict of opinion among econo mists and financiers as to the best methods of placing silver oa stable basis. The views just ex- pressed by Mr. W. F. Spalding, the, well-known currency export, will perhaps command a large measure of approval in the City at any rate,

1081

109)

TON

9.00 American Tele- graph and Tele. phone

5.00 American

bacco "B" 618 Anaconda Cop- ing Mining

Auburn

THEY

Damaged packages must be left in the Godawna for examination by the Consignees and the Company' Bur- veyors, Messrs. Goddard & Douglas, at 10 am on Tuesday, the 29th Nor., 1932.

in attendance when damaged Consignees must have a Revbung dutiable goods are examined by the Company Surreyors

No Oaims will be admitted after the Goods have left the Godowns,

No Fire Insurance will be affected by

R. OAL,

Agent

128:0

reney depreciation, however, cuts both ways, and while Japan's ex- port trade is helped by the lower Hong Kong, sand Nor., 1938. value of the yen the cost of her external debt services is correspond- ingly increased,

Advertise!

81-1

37.10

A

140

$10

,25+

$284

痛

---

*18}

+17

108

680

$61

555

$1,35

$8.83

$6.35

242)

821

Rio

5 nom.

Nominal

$181

115.80

30 nom.

$12/

$19)

1/0 13/02

$11.503 Do. (new)......

9121

191

13,31

Wm, Powells

$3.90

$10

M. Greyhounds....

Hong Kong

1/44

Yokohama

1/3

331

8. C. Enterprises ...

---

$31

Silver (Spot)

184

D#

1,51

United Thostros

B. Ind. G. Boads...

70%.

Silver (Forward)

181

4.00

45)

ILK. Gore Loans... $10

Rod Consals: 24 per cent.

iF

prem.

310

Wallace Harper

particular, etc.

2.00 Borden Co..... 251

.Canadian

Pacific 14

137

$10.

China Sports Ltd ...

10

$230

+

H.K. Wing On

S'hai Do.

Gas of New York ......

4.00 Drugs, Inc. ..... 2.00 DuPont de

Nemours...

341

34

37)

37

542

A rooster hasn't got a lot Of intellect to show, But none the less most roosters have

Enough good sense to crow.

227

'LOUAL AND REGULAR OUTWARD MAILS,

NEW YORK STOCK EXCHANGE

A.O.F.C. QUOTATIONS

1.00 Chrysler Motors 10 4.00- Com o lidated

* 1

WEEK DAYS,

FOR

FROM O.P.0,

FLOK SKEUNGWANE [DRANCH P.O.

FROM G.P.O.

SUNDAYS & HOLIDAYS'

From SHRIWOWAN SZAFOX 2.0.

0.40

(REUTER'S AMERICAN SERVICE}

18ambul and Washow (By

dicoct stoarner)

4.00 p.m.

(7,15 m.m, & | (7,00 am. 16.00 p.m.

7,00 pm, 3.00 1

+

(7,15 nm, &} 17.00 azn, &

8,00 μm,

17,00 pa

1.00 pa [325 mm 4) (890

New York, Nov; £2

2.00 8.21.

Sandays

Canton...

مبر 1.16

2.80 2.00

-

et

སྤྱི ིི ཙྩ ཝཱན་ྲ ོ R གཞུང་ཆེ

501

30

A hen is not supposed to have

Much common sense or tact. Yet every time she lays an egg She cackles forth the fact.

The busy little bees they buzz, Bulls bellow and cows moo, The watch dog barks, the gander

quacks,

And doves and pigeons coo.

But man, the greatest masterpiece

That nature could devise,

Will often stop and hesitate

SILVER LINE.

NOTICE TO CONSIGNEES.

FROM NEW YORK.

NHE Motor Vescol

"BILVERSANDAL"

having arrived from the above Port an 17th instant, Consignees of Cargo are hereby informed that their Good aze being landed at their rink into the Godowns of the Hong Kong and Kowloom Wharf and Godown Company, Lámited Kowloon, and stored at Consiguises" risk and expense.

All broken, chafed, and damaged Goods are to be left in the Godowns, whate they will be stamined on Wednesday, 23rd instant at 10 ̊a.m.

All Claims must be presented within 18 Days of the Youcal's arrival hore, after which date › they `cannot be ro cognized.

No Claims will be simitted after tha: Goods has left the Godowns, and all Goods remaining undelivered after- -tke | 24th instant will be anbisck to Bent,

No Fire Insurance has been effected. Bill of Lading will be countersigned

by

FURNESS (FAR EAST), LTD., End Floor, King's Building, Connaught Road,

Telephone C. 23165. Hong Kong, 17th Nov., 1982. 4.

12789

(7,15,am, &) [ 7,80_n.mm.

1.15 p.m. 5,00 p.za.

8.00

8.16 min, only. 6.00 pm.

9.00 D

∙11.00am (11.00.04. }&6.00 p.)

1.30 pz. Bundays 8.50 1. Lonly

4.00p.m. 0.00 pizze

&

Dow Jones Averages:

Nov. Nov.

21. 22. Change.

30 Industriala 03.66 83.1040 down 20 Rails 27.00 87.89 .01 down 20 Utilities... 28.38 28,35 .03 down 40 Bonds..... 78.20 78.11.09 down

Mers, E, A. Pierce and Co.

Report

The market is virtually motion- less with only few stocks having any sponsors Traders may buy il any hope to develops at the War Debt Collarshoe to-day.

Business donéz 500,000 shares. Div

Last Sale Per

'Nov. Nov.

3,00 Eustada Kodak 54)

6% 8. Electris Bond &

Share ... 22 General Electric 183 2.00 Generaf Foods. 254 1,00 General Motors 137 1.00 Gillette Balety 17 1.30 International

Harvester 22} International.

Tel. and Tel.." of

4.00 Liggett & Myers

3:00 Loew's Inc.-. Montgomery.

Ward 131 National Biscuit 40 Pacific Gay-and- Electric

287 Pennsylvania. Railway....... Radio Corpora- tion...it 8 Sears Roebuck 201 1.00 Standard Oil O

-

14h

of Now Jersey.. 311 0.40 Secony-Vacuum Corp,............ 1.20 Union Carbide 8670.00 Union Pacificu

United States Steel

Wostinghouse.

Don't Delay Phone 30251

for our representative and we will provide. xuaterial for your Antumn advertising campaign.

THE HONGKONG DAILY PRESS

AMERICAN ORIENTAL FINANCE CORPORATION through its Agent

Asia Lands Limited Gloucester Building

offers a COMPLETE BROKERAGE SERVICE

NEW YORK: STOOKS/

and Odi Lots of Tinted rika- bought and sold for ought or carried on conservativa.

Phone:28380,-- Cable: ABIALANDS

Maco & Tinahan

...

1,80p.m

Zongmoon (except Saturdays) Bankong (ecept Baburdays), Fataban and Wuchow (By

Train).

5.00 pm.

G.00 p.m.

7.16 2.07

7.18 a.m

11,00

1.00 p.m.

Tal O

$ 1,00 am

Tai Po

1,00 p

[1,00 1,3. J

Choungchew

& berdean

Bradley

Pingshan, Sautin

Bhatankok and Bhsung-

เน

Salkung ne Namian Brakki & Talping}|

$1,00pm, & 16.00 pm.

19.80 p.m.

8.00 A.20 £1.00 m

Bhars

8.30am

Shatin,

1020'

9.00p.m.

33.60 Air Reduction, 8504

6,00 Allied Chemical-

and Dye

70

TO

4,30 p.m

10.80 $31.

1.00 American Can... 55}

54%

7,00 p

1.00 pm

(Continued on nezt column.).

E. and M.

Before he'll advertise.~