1932-12-16 — Page 13

MONEY AND

NEW YORK STOCK EXCHANGE

A.O.F.C. QUOTATIONS

ĮREUTER'S AMERICAN SERVICK)

HONG KONG DAILY PRESS, FRIDAY, DECEMBER 16,

MARKETS

LONDON EXCHANGE

(BRITISH WIRELESE BERVICE.]

E. A. Pierce and Co. Report. The market action to-day is considered quite surprising and unexpected. Absence of liquidation continues to be a strong talking point in favour of the market. The list is again approaching the upper limits of the accepted trading range and will probably get a test to-morrow of its ability to go through on the

upside

Business Dope: 1,010,000 shares.

LAST SALS

Berlin

189

-

10

Shangha

Hong Kong

29.83/39 17.07

30 nom.

Paris

841

New York

New York: December 14

Dow Jones Averages: · High-1938

Low: Dec. 13

Montre)

3.70

Dec. 14

Change

30 Industrials

88.78

41.32 60.34

61.93 1.50 up

Brussels

20 Rafiz

41.30

13.23 97.47

19,16

60 up

Geneva

20 Utilition

36.11

∙16.5397.70

98.23

63.up

10 Bonds

83.26

65,78 77.45

77.45

Amsterdam

8.17

дово

Milan

-94.3/18

13.504

Stockholm

18.32

Copenhagen

19.30

Ogla

19.40

Vienna Prague

27) nom. 110

1932 Hiou

Div. $

Helsingfors

Low

PER.

SH,

Déc. 13. Dec. 14

Madrid

Lisbon

1081--

BIA

87

73

3.00 Air Reduction...... 6.00 Allied Chemical & Dys 4.00 American Can

859). 850k

Athens

821

Bucharest ...

560

532

55)

Belgrade;

345

137

714

80

0.00 American Tel & Tel.: 18.00 American "Tobacco "B:

1084

Rio

6.nom.

601

Buenos Aires

Nominal

Anaconda Copper Mining

Montevideo

4.00 Auburn f

2.00 Bordca Company Canadian Pacile.

43).

• E5

Bombay.

1/63/16

1/7/16

1/4.1/3

1.00 Chrysler Motors...

Yokohama

1/33

4.00 Consolidated Gas of N.X.

Silver (Spot) ......

174

4.00 Drugi, Inc., .......................

Silver (Forward).

17.3/16-

200 Du Pont de Nemours

War Loan

3.00 Eastman Kodak

6%. Electric Bond.& Share"

18}

0.40 General Electric

10)

2.00 General Foods.

948

1.00 General Motors

13

10

1.00 Gillette Safety

18

181

1.20 International Harvester

221

234

140

International Tel. & Tel.

笑

66

4.00 Liggett & Myers "B"

55k

13+

3.00 Loew's Inc.

291

2x d

Montgomery Ward.

134

141

2.80 National Biscuit

411

2.00 Pacific Gas & Electric

201

2OZ

Pennsylvania Railway

14)

157

Radio Corpa.

st

53

Sears Rocbuick.

1.00 Standard Oil Co. of New

Тетвеў

201

0.40 Socony-Vacuum Corpn. J. 1.20 Union Carbide & Carbon ...

72

71

0,00 Union Pacific-

United States Steel Westinghouse E. & M.

241

70%

32%

CURRENCE***********»**** *****

191

D4

43

****~38F-RTS ARE COTA ACCENDO SERDE

JAPANESE SHIPPING

POLICY

NO. MORE FORKION VERSELS

sels for their services. This will, however, spoil the Government sub sidy scheme to build new vessels..

RAW SILK IN U.S.

SHARP FALL IN DEMAND,

A sensation has been caused by a sharp fall in the demand. The United States Silk Association an- nouncer that the Novemhur con- sumption was only 43,983 bales or 9,716 bales less than October: This consumption indicates a shrinkage of 6,600 bales from a year ago. Imports were 1,354 bales less than thoas, in October, but in view of the poor consumption, the month- end stock increased by 3,467 bales to 57,832 bales. Details are. 48 follows

Con- Month- mmp- end

#tock Imports tion European... 1,194. 471 2,658 Japanese 42,574 41,414. 49,420 2,07.0 8,847 Others 3,850

43,033 57,939

-0,748 +3,467

Compared with

"Oct. 11,353

comprehensive plan seems to have been devised.

According to the above resolution all membore will not only refrain from importing old vessels but also The Japan Shipowners' Associa

refuse chartering vessels, impbrted tion, at a special committee. meet hereafter. This resolution will be submitted to the Directorate, and ing voted for a prevention, of theith its consent, will be formally import of foreign vessels. This re-voted for at an extraordinary meet

In this connection, it is interest solution was passed with a viewing to be held within the year."

ing that shipping operators are to making the Government ship- Loans for Small Shipowners. I now active in borrowing their work- ping standard improvement scheme

Small shipowners who will not freight revenue. The Japan In- ing funds, on the security of their successful.

Tenjoy the Government

subsidy dustrial Bank, Kobe, used to loan Stimulated by the recent slump scheme demand a banking organ be Y300,000 to 500,000 for this parti in the ven, as well as a marked established so as to enable them to cular account, but the loan total improvement in shipping trade, the obtain better facilities. The matter to-day is twice as much. The Yoko- market quotation on old vessels has is being discussed by the Japan hama Specia Bank and the Mit sharply advanced, and many opera, Shipowners' Association, but no subishi, Bank, are also active. in tors are inclined to import old ves-¦: (munjos „smau uo panujnoj) making similar loans, it is learned.

SmaguŲ SU PAN

Of interest to every

British

Business

Man!

BRAINS

BRITISH DESIGN

RIGHT THROUGH

LABOUR CAPITAL MATERIES:

The Impenal is designed and made in England ple who understand. English requirements.

malle typewriters, imported from

using the metric system, lack such typical

* Imperial" keyboard has six extra ters just those symbols which the English typist has always needed but rever possessed. In construction," the " Imperial is a "sound British engineering job with all that the phrase implies,

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL

REPORT:

After yesterday's deding, rates for the time being have steadied somewhat and a fairly large tum over of cash shares were booked, Hotels, Cements, Lights and Real ties changing hands at 89.80, 803, $13.20 and 873 respectively.

To the investment section Banks were dealt in at $1,655 and Electrics at 875, whilst Urians improved to 13271 buyers,

Tliere was also a fair amount of dealings in Ewos between Tls. 14). to Tls. 14.40 pjosing at Tls 14.33 buyers.

Hong Kong Banks, $1,888. Hotels (Old), 89.00.

Hong Kong Lands, 876, Ewa Cottons, Tis. 14.30/14.35. China Lights (New), $12.80. Hong Kong Electrics, $75. Cements (Combined), 89.20/9.30.

Hong Kong Banks, $1,. Lion Insurances, 7627 Dougleses, 890

Raubs, 11.15.

Benguet Explorations, 3 cents.

Hotele (Old), 80}.

Hong Kong Lands, $74). Realties, 8730.

Chinese Estates: 995, Eye Cottons, Tia 14,35. Star Ferries, 8904 China-Lights (Old), 812.90. Macao Electrios, $28.05. Telephones (New), $25! Dairy Farms, 828). - Govt. Loans, el preu.

Sellers

Providents (Old), @4}-u_ Hong Kong Lands, 875), China Lights (Old), 813.40. Malabon Bugars, 8271, Cementa (New), $1.00 Hong Kong Ropes, $11. Agriculturals, 88 Constructions (Old), B5), Wallace Harpers, $10.

AMERICAN, ORIENTAL FINANCE' CORPORATION

A COMPLETE SERVICE

A complete brokerage service for New York Blocks in available at our local Agenta:--

Asia Lands Limited

Gloucester Building. Daily Quotations sent-gratis

"--upon request.

Imperial

MODEL 50

PATRIOTISM THAT FAVOURS. TH POCKET

It is, of course, patriotic to "buy British" in any oase. But to purchase a British product that is not only CHEAPER but MORE EFFICIENT than the corresponding imported article, is to combine patrio tism with economy

Which is only anot way of saying

INSTALL IMPERIALS for ALLROUND EFFICIENCY.

REISS, MASSEY & CO. LTD.

Queen's Road Central Hong Kong,

SANDAKAN LIGHT

COMPANY

POWER DAILY SHARE QUOTATIONS

NET PROFIT. $21,000,

Light and Power Company (1549), Limited in their report to the shareholders at the tenth ordi yourly meeting to be held a head office of the company, St. George's Building, Hong Kong, on Friday, December 23, ag 19 oclock (Noon) state

The Profit on Working 40

count, aft

charging Depreciation (825,433.90) and General Managers'

Commission, is to which has to be added from Tavest

$31,129.79

ments Interest, and Scrip Fee totalling *7,658.29

After providing for

· Directors" - and “Au- .

ditore Fees......93,569,43 Commission to the Mannging Agents

at Sandakan ... 9,077.14 Sinking Fund to roplace the Value of the

Com

pany's Con. cession

838,981.01

Provision for De-

preciation on In-

ents 9,028.03.

18,309.62

90,771.30

The Net Profit for the

year amounts to

This amount has been transferred to General Profit and Loss Account, which now showe a gredit balance of $2,329.38,.. after wiping out the debit, balance of 818,449,03 brought forward from last year.

ITRINET

***

$7,80

Director:-The Directors of the Company arer. A. L. Shields (en-oficio), Chairman,, the Hon. 195 Mr. J. P. Braga, Mr. C. A. da T.14 Roza, and Mr. 8. M, Churn,

Mr. C. A. da Roza and Mr. 8. M. Churn retire, but being eligible offer themselves for re-election.

The Accounts in Hong Kong have.

been audited by Mense

Messi Low Bingham and Matthews and Mem Percy Smith, Bloth and Fleming, who retire but offer themselves for

HONG KONG STOCK

EXCHANGE

AMTHITTUUNTANU HULIARI

SHAREBROKERS/

Nomina!

THURSDAY, DEC 15;

Baywa

$106

438) Canton $260 Under

une, 1 Union Insuranosa 4610. -- China Fires mou

1,130 H.K. Fired.....

1.4.30 International Amoe.

Douglas Steamboats

$45 † Indow (pre£))) -Day

· Shell" 1901 Waterho

$18

48/9)

19460 $1.60

Providen

Do.

$10

11.K&W Doakci

8. China Moton”

Do

Shanghai Poskɛ.

19

Ts.fol New Karinoerings

1925, Hongkars

18,50

~H.K. Hatalı (old).

Dp

(new)

876

H.K. L

T.24) Shanghai Landa

419 Matapoliten Landı..

TIL40 China Bo

Da Debenturer Humphreys

|M$140| Axin"Renition “A“ IM128

14:30), 40

Da

Chinese Estates......

Doston -MEM

Ewo

#r31) S'haf Cottons..

7.11 Zoong binge

$130 Wing Ou

*1525

GHOUTKE LEKAR

MMUN:

$108

12,00

65/

48

16/8

16.

$9.78

$70

$7.20

W

$146

Pabl

$15]" || FORK/Arame (old)

Do

371

$15.

$76

Ubina

SERIE

313 10.

Sandskark Zlijk kai Telephonen (oli) *****

(new)

·T10:

19/

December 15, 1932

EXCHANGE

CLOSING QUOTATIONS

ON LONDON:

* Telegraphic Transfor..... 1/- 1. Bank Bills, on demand 1/3) Bank Bills, 4 months

sight i

Credits,

**;*Light

ON NEW YORK:-

months'

1741

Back Bills, on demand ei

Credits, to daya' night, 29):

ON PADIB

Credits, 4 months' sight 58

Chink Buses

Tractions

Dopra

Malabon Sugars ás Caldbeck,

Cemente (comb

Bank Bille, on demand zic

318,40] Ch/FU

Construction,/104)

31.40

[$5.40

Fatirto

ON INDIA

Telegraphic Transfer...

Bank, on demand

ON SHANGHAI;—.

On Demand

ON KÓD:

On demand

ON MANILA

On demand

ON SINGAPORE:-

On demand.

ON BATAVIA

20h demand. ON BAIONA -On demand

ON BANGKOK

On demand

SOVEREIGNE, Bank Buying

Rate

BAR BILTER, Der. Of

$21

1a

$12

Cat (now) $1,30

Nanyang Tobacco.. Binceren ko. Watsons (old)

$11.40) Do.new)

· 381-

W Powells

M. Greyhounds

13.86

$10

BC Enterprises

1.5

United Theatres......

09").

3. Ind. (18 Budd.

247

BAN

Post $10.

China Sport Lite!!

1236

B.K. Wing Qanun

મ

S'hai Do

UNCLAIMED TELEGRAMS

AT THE EASTERN EXTENSIÓN,

AUSTRAL

TALEGR

-'ADDERSSED

Jin Andrew & Connaught

Road Miss Barton Fasten

from London Steamer Comorin Care F. & 0.

6. N. Coy

Bhath care

Hotel

Noor

Hunter 8/8

R. 41

Kakey!!

Neville Fogerty Cook

| Earnshaws"aldau

Hong

H.K. Gork Loans. $102)

Wallace Harper m

$30

LOCAL, AND REGULAR OUTWARD MAILS.

CHINA-

Simulai and

direct ster

Davidstowpć

Kongmoon (storpt Saturdays)

WEEK DAYS,

G.P.O.

ERTUNGWAN BRANOR PO,

$7.96

#41 $15,40

$16

BUNDAYS & HOLIDAYS