1933-03-24 — Page 13

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

SHAREBROKERS ASSOCIATION.

$1,695

144

£13)

**$1,690

Do. (London)

Chartered Banks....

Mercantile Bas. "A"

Buyers Bellard

Bates

Retola)!

THURSDAY, MARCH 23.

Buyer Sellers

BAM

Banka

·$1,705)

FL.K. Banks

BICO £13

2241

Do.

CHO"

$100

Bank of East Asia...!

N. 0. & S. Barke

171

$28

Am. O. Fin. Corp:

M

Do.

Prof.

$590

T⠀⠀ TIHL huiu

H

***

$10

21 ata

M

:

***

Ta 85 China Fin. Corp. Ord.

T.1.50

· Insurances

Canton InsurED000 .....

Underwriters

Union Insurances --- $395. China Firos

$1,930 H.K. Fires.............

International Assce..

$2.35

3820

་་་་་་

ONOS

T.4

Skipping

$35

Douglases

set.

Steamboats

*******

$16

Indua (prof.)

520

Do. (det)

43/9

Shella

$201

Waterhoata

Mining

318

estat

2.4

Bengueta

$430 Venezuela Gold Fida. 82.00

21/3

Kailansa...... Langkats (single)...

T2.10 Explorations..... T2.30 Shangbai Loans

Raaba.

Tronoh Minos. ....... Bonguet Explorations Docka, WharrOE,

Godowns, sta.

H.K. & K. Wharvas. 197 Providente (old)

H.K & W, Docks

*****

114 ⠀⠀⠀ TH⠀⠀⠀⠀⠀⠀

287 $1011

W

$1,350

$2.40

1530

Ала

**

$4.10 ***

$1.70 $1.70

$128

ย

$1.40

Do.

(new)

8181

++

$10

38

S. Chins Motors' A'

Dó.

***

***

"g"

1

4

$6.70/80

T.961 Shanghai Docks ... T5,70 New Engineerings T.220 Hongkowa camer

Lands, Hotsin, and Buildings

H.K. Hotela (old)

$625

$34 $92 05/

80%- 45% $21

$181

281.

3

HONG HONG DAILY PRESS. FRIDAY MARCH 24, 1933.

MONEY

AND MARKETS

FINANCIAL NOTES FROM

LONDON

Japan and the Far East Wool Market: G.E.O. £3,500,000 Issue: Imperial Tobacco Co. of Canada.

(Special Air-Mail Servics)

"Imperial Tobacco of Canada; New Subsidiaries,

THE EXCHANGE MARKET

MESSRS, ROZA BROTHERS' REPORT Messrs. Roza Bros., have forward. cd 118 the following exchange market report for yesterday (March 23) :-

Silver prices were unchanged yesterday, the quotations reinain-. ing at 17,7/16 for Ready und 17 for Forward. Silver advices re ported China as having sold: Speculators bought. The tone at the close was steady. In America the rate was substantially higher at 281 for Spot The tone WAS steady.

The New York London Gross-rato was unchanged at 3.423.

With the exception of the Trel rate which was unchanged at 761 and the Bangkok rate which was

put up. lows:-

Quotations were as fol

The Wool Market in China. Londan, March 7-Addressing $1,340 the Bradford Textile Society last night, ME A. R. Bentley (of Messrs. Windeler and Company, Bradford), who spoke of progress and changes in the wool industry said competition from Japan gavė him much concern for the future of one of the best markets for finished goode, namely, China. The Japanese were an aggressive purposeful race who found it impossible to give their own ample employment to people and were seeking an outlet, China being in this respect the most attractive proposition. Japan had already got Manchuria and from this point she would probably make steady inroads, in pears to come, into China. proper. In perhaps twenty years time the world would find Japan had obtained some kind of suzerainty over the most desirable parts of China, with special tarifi walls to protect her own produc- tions. The effect of the loss of such an important market to Yorkshire and Lancashire might be imaginedpanies, de well as other adjust-at-1/4 March, 1/4.1/32 April and

Ta

T.O $10 13/0

$20

$8

$8

1.92

+++

T.S

$5.76

Do.

(new)

H.K. Lands............

$744

T.23

Shanghai Lands

T.10

Metropolitan Tsands...

$7.40

HK. Realties........................

T.104 China Do

1.991 Do. Debentures

$14 Humphrey ...............$13,90

M3140 Asia Realties "A"...!

T.12i T.70 1:101

M324

Do.

$0%

Uhiness Estaten.......

Cotton Mills

T.18 Ewos

1.71 S'hai Cottons..........

T.11 Zoong Singa .........

8105

Wing On Textilen(5.);

$100

Public Utilities

Tramways.*****

318

$8

501

2

(now)

#31

$30

19/1 10

$9

***

$7%

$8

结果

$33)

$2.65

$72

$1.29 Poak Trams (old)...

Do, (now)...

Star Forries***

131Yaumati Ferries(old)

10.

cum. rights...

China Lights (old)......

Do. .(now)...

Do, Ita.

H.K. Electrics |

Macao do.

Sandakan Lights .... Telephones (old) ..............] $27

ex div.

POTENT

527

ex dir $17

Do,

(BW)..

T.10

China Buses main

Tractions

12/.

Do. (pref.)...

Industrials

$15

Malabon Sugara

T.14 Caldbeck, (ord.) T.10 Macgregora praf.)

16

Canton Ives amion: Cements (comb.)...

Do.

· Do.

(old) (now)...

$1

$10

Ropes

$7

Ch Agricultures

Miscellaneosa

| $27.11! Dairy Farron ...............

$1

Der A Wings..................... -$131.-Amtisements.........

Ch. Etainment................. *$12" 34,80 Constructions, (old) .9'cta

(now) Do.

Lane Crawfords......

Nanyang Tobacco... $44

$91

Mackintoahs.osre

$161

Sinceros...

10

Watsons (old)

Do. (new)

$3,35

Wm. Powells

10-

$31

$87

***

$6

$61

16

$11

$101

Competition in Paint Trade.

The directors of Pinchin Johnson are due to declare their final divid- end this week. The ordinary shares of this company have been a dull market in the past few days, not withstanding satisfactory announce- ments from other paint companies.

is feared that the report will make a less favourable showing this time. Competition is believed to have been keener, while the condi- tions ruling abroad have not improv- ed.

For 1931 holders of the Ordinary shares received 17 per cent. On account of the current year on in- -term of 7 per cent. has been paid, this rata being 21 per cent, smaller than the 1931 interim,

It is generally expected that the final will also be 74 per cent., which will make 15 per cent. for the year. In some quarters, however, it is pointed out that while the company paid 17 per cent. in all on the Ordinary last time only. 14 per cent was earned.

GE.C. £3,500,000 Issue. Underwriting was aleo completed yesterday for an issue of £3,000,000 43 p.c. First Mortgage Debenture Stock of the General Electric Co., at 108 p.a. The probability of such an issue being made for the con- version of the outstanding £3,420,140 8p.c. Debenture Stock was discuss ed here on February 18,

Holders of the existing stock are offered the right to convert into an: equivalent caninal amount of new stock and to receive 75. 60. p.c. in cash to adjust interest. Together with the shareholders, the Deben- $27 ture-holders may also apply for any part of the now issue not absorbed by conversion applications at 105 "pic.

$121

TIRTO

$4,30 .84 at 841

$15)

10

M. Greyhounds

8. C. Enterprises...

United Theatres.

BT G. Bonds...

H.K. Govt. Böɑn”..... Wallace Harper...... Ohm Sports Ltd.... H.K. Wing On

LOGALAND: BEGULAB OUTWARD MAILS,

1920

Do

64%

$220

$180

From 1934 to 1973, inclusive, tho stock will be redeemed by annual drawings at 105, and thereafter at 100 up to 1988, the final redemption date. Sinking fund purchases may be made at or below 105 from 1934 to 1973, and afterwards at or below 100. Further, the company will have the right to redeem the stack at 110 up to March 31, 1938-at-103 from that date to 1973; and there after at 100.

LONDON STOCK EXCHANGE

87)

3.42

WEEK DAYE

SUNDAYS & HOLIDAYS

[BRITISH WIRET ESS SERVICE. }

FROK G.P.O.

FROM BERKOWAN BRANCH F.O.

FROM G.P.O.

Canton

§ 7.15 2.6. & §.7.00 man. {6.00pm.

Bamshui and Washow (By

direct steamer)

(B)

4.00 pm

17.00 p.m.

1.00 pm

Fox KUNUWAN BRAKOR 12.0.

(716 am & 17.00 am, &

6.00 0.

4.00 poi (8.18 8. &) (8,90 0,00 €

RUGBY, March 22.

17.00 pu

0.00

Macno & Trinaha

$7.38. & (7.80 m.

11:50 1.1.25 p.

Eɔngmoon (except Saturdays) Kaukong (except Saturdays)

Train)

fai Po

Bhumbu

Cheangebon

Aberdeen Stanley is

Pingshad, Bantin Bastaukok and

1.00 Pe €0.00 A. & $18.00 71,00 D &

•18,00 p.m..

1.00pm. & £5.00 p

8:00

12.80 p.m 6.30.

1,000 pini

7.18.3

11.00a.m.

$.00 the

11:00

€11,00

5.00 pe

4.00 p.m 6.00 p.m.

1.15 Patte Sanday 815 #2, only 500 p.m.

1.30 p.m. Sunday 8.50 Lonly

6.00 pm. Oslo 6,00 1.

Vianne Prague

Helsingfors

Lisbon Albens-

Bucharest Belgrade

Paris New York *Montical Brussels Genova Amsterdam Milan Berlin

4.12 21.501

17.604 8.50 83)

14.37

Stockholm

167.

Copenhagen

237/16

191

31 nom.

115

226

Hadrid

710

Copies of the report for 1032 of the Imperial Tobacco Company of Canada, Ltd., have now been re- ceived by Scottish shareholders, and show that net profits were £1,124,214, a decrease of £91,000 compared with the previous year. As already announced, the dividend. for the year on the Ordinary shares is maintained at 101 per cent. The amount carried forward is 'some £23,000 higher at £1,278,314. Cer-Put down to 142, other rates were tain changes in the balance sheet are explained by a decision during the year, in order to effect a more efficient co-ordination and control, to form two subsidiary companies namely, Imperial Tobacco Balos Company of Canada, Ltd., and

The market opened with sellers at 13 March and 1/3.18/16 April, imperial Leaf Tobacco Company of Canada, Limited. This neces-cuyers bidding 1/3.15/16 for tash. sitated the transfer of certain Subsequently sollers came out - at assets to these companies and 1/3.15 16 resulting in business at corresponding increase in this com 1/3.31/32 for March, 1/4 March pany's hokling of investments in

and 1/4.1/3 April. The market and associated subsidiary

closed at lunch time with sellers

ment.

com-

London and the U.S. Bank Crisis.

Market. Steady at the opening but sub- sequently firmed following Shanghai,

Sterling.

up

1/4.1/16 May. biryers at 1/4.1/32 March, 1/4.1/18. April and 1/4.3/32 May..

Gold Dollars..

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS

Unions registered a further ad- vance to-day, changing hands at $5371 with more buyers in evi- dence.

ether sections in the list were quiet, with some enquiries for the minor issues,

Sales,

Union Insurances $535/337) Providents (Old) 84 Hotels $6.70,

Star Ferries 891, Cements (Combined) 80).

Buyers.

Hong Kong Banks $1,705. Canton Insurances $1,350. Union. Insurances $537). Hong Kong Steamboats $29. Benguet Explorations 21 cents," Hong Kong Lands $72. Chinese Estates $93, Hong Kong Trama $21. China Lights (Old) $12.05. China Lights (Now) 801. Hong Kong Electrics #71, Macuo Electrics $24.60. Telephones $97.10.

Hong Kong Amrsements $19}, B. Ind. G. Bonds 643 per cent. Government Loans 5 per cent.

premium.

Hellera.

Union Insurances $547). Raubs $101.

China Lights (Old) $12.15. Malabon Sugars $15. Hong Kong Realties $7.40, Watsons $9.

United Theatres Tis, 5.

UNION WATERBOAT CO.. LTD.

13

· CONSIGNEE NOTICES.

CONSIGNEES' "NOTICE, THE BEN LINE STEAMERS, LIMITED,

FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS: The Steamship "BRUMAÖÐRUI“

CONSIGNEES of Cargo are hereby

informed that all doods are being landed at their risk into the hasardous and/or artra bazardous Godowng of the Hong Kong and Kowloon Wharf auch Godown Co. Ltd, whence and/or from the wharves Delivery may be obtained. No Claims will be admitted after the Goods have left the Godowns, and x3- Goods remaining undelivered after the 27th March will be subject to Baht

All Olaims against the Steamer must be presented to the Undersigned on or before the 10th April, or they will But be recognised.

All bruken, abafed and damaged Goods are to be left in the Godowns, where they will be examined on the 25th March at 10. by Messrs. Goddard & Douglas.

فرماید

To comply with the General Banded Warehouse Regulations, consignees must bara Beranne Officer in attendance. when damaged dutiable goods re examined.'

by

No Fire Insurance has been effected." Bill of Lading will be countersigned" "GIBE, LIVINGSTON & Co., LTD,

·Agents...

[615 Hong Kong, 20th March, 1937,

HAMBURG ALERIKA LINIE. NOTICE TO CONSIGNEES

NIE Motor Yessal

"RAMSES"

having arrived from Hamburg and Forte of call Consigneer of Cargo ade hereby notified that their Goods are being landed and placed at their risk. into the Hong Kong and Kowloon Wh and Godown Company's godown at Kowloon, whers Delivery may be obtained as soon as the Goodsare landed. Optional Cargo will not be landed kere, unless Notice has been given 49 hours prior to vessel's arrival, but carried call to which the option extends.

No Claims will be admitted after this Goods have left the Godowns, and, all Goods remaining undelivered after the Saturday, 25th March, will be subject te Rent.

London, March 6.-Saturday be- ing less than half a business day The market opened with sellers the startling news from New York

at 22 11/16. Later 22 13/16 was did not have sensational effects in done for neur delivery. The market London. The banks and agencies closed with sellers at 22 13/16 Limited advise that, subject to on from port to port to the final port of were closed before most United March, 22 April and 29 15/16 States people here heard anything second half April, buyers at 22 about what amounts to a national cash, 22 15/16 April and probably 23 moratorium in their country. At second half April, the English-speaking Union, the American Women's Club, and other gathering-places of Americans there are few people at the week-ends and the hotels are at low tide in Ameri- can visitors.

YOS.

DIVIDEND OF 50 CENTS PER SHARE. The Union Waterboat Company audit, the nett balance at credit of Profit and Lona Account for the year ended December 31 1932 is 822,324.35, which amount the mem- bera of the Consulting Committee Merchants were quoted at 105 will, at the approaching meeting of All broken, chafed, and damaged for near delivery.

shareholders, recommend be alloent-Goods are to be left in the Godowne Taels.

ed as follows:-

where they will be examined, on Sellers at 77 9/16 for near, buyers Pay & dividend of 50

Friday, 24th March, at 10 am by our at 772.

cents per share .......... 819,406.50 Surveyors, Mosses, Goddard & Douglas To comply with the General Bonded Carry forward to now

Warehouse Regulations, consignees raust Account

have Ravenue Officer in sitendance when damaged dutisble" goods: 899,324.35eramides dicken

Shanghal. Early advices indicated business done at 1/8 1/2 for near but later the market firmed up to 1/89 at which rate some business was done for April delivery:

י

2,017.85

All Claims must reach my belove Saturday, 15th April¡ 1988, or they will Dot be recognised.

The news came about ten o'clock, and to the few who went into banks and exchanges with dollar cheques and orders and bills it was shock enough to learn that nobody knew what the dollar was now worth and that dollar cheques would. only IN THE AFTERNOON. bo cashed in most places a "rink

The inarket continued firm in the rates," the amounts to be readjust-afternoon, ed afterwards. One Americar

The market closed with sellers at In sterling business was done at friend, who intended to sail home 1/4 1/32 for cash and April, finish 29 March, 22 18/16: April and: 23 yesterday, was only able to get ing with sellers at 1/4 1/32 March-1/16 second half April, buyers at 22 Hoca King; 18th March, 1993. #230 on a $1,000 order. Dollars April, 1/4 1/16 second half April 15/10 for cash, 93 1/16 April and 23 were being exchanged in some places and 1/4 3/32 May, buyers probably 3/18 second half April.

at faur dollars to the pound, with

a readjustment afterwards. At the big hotels to-day United States che ques were being cashed for the mo- ment on the old par basis, old clients bring assisted, for the rela tions between the London, hotel managers and their United States customers are close and cordial.

Uncertainty All Round,

future.

The American banks in London were busy in their closing hour. They seemed as much surprised as other people and a little able to. forecast the immediate Their sterling accounts, of course, are conducted as in English banks The American Express Company- cashed its own travellers' cheques and letters of credit at face value.

There were stories to-night here of some United States visitors in France being treated as cavalierly in exchanging their money as many English visitors were in France when this country went off the gold standard, but the Faris newspapers to-day have no hint of that and are treating the dollar crisis with unusual sympathy,

THE RAUB GOLD-MINING COMPANY

The Raub Australian Gold Min ing Company Limited inform us that the output for the four weeks ended February 28, 1833 amounted to 2020.43 ounces.

AMERICAN" ORIENTAL FINANCE CORPORATION

through its Agent

at 1/32 higher respectively..

Gold Dollars.

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG)

Tel. 28380 Gloucester Building, Room 308.

{REUTER'S. AMERICAN SERVICH]

New York: March 22..

Dow Jones Average: High-1932 Low: Mar. 21 Mar. 2

20 Industrials-

20 Hafla

20 Utilities

40 Bonds

Chango

7% down .56 dow 21.05.45 down 76,84

88.78 47.30;

41.29. 57.58

50.86

12.23 27.05

27.07

30.11 83.38

10.53 21.50 65.76 75.97

.18 down.

Aria Landa, Limited, have received the following report from their New Fork correspondente, E. A Pierce & Co. A steady drift to lower prices robbed the market of all initiative. Some support was forthcoming this afternoon but it was of a negative character. We think the risest policy is to allow a re-action to develop itself before taking the "long"- ⚫ side.

·Business. Done: 990,000 shares.

1932. Div. HIGH Low PE Sx.

3.00 Air Reduction

6.00 Allied Chemical & Dye kon

4.00 American Can......

9.00 American Tel. & Tel. i i.

5,00 American Tobacco "B"

Anaconda Copper Mining

LAST SALE Mar. 21 Mar. ZZ

$57 156)

B0

021

87

70%

1878

18

.1614

4.0 Auburn

431

2.00 Borden Company ......

90%

Canadian Pacific

1.00 Chrysler Mótors.

319

4.00 Consolidated. Gus of N.Y.

44

34

23

4.00 Draga, Ins:

221

2.00 Du Pont de Nemours

36 3.00 Eastman Kodak

B

0%. Electric Bond & Share

768

No Insurance will be effected. Bill of Lading will be countersigned.by.

JEBSEN & U0

Agents

THE EAST ASIATIC CO., LTB

UNICOPENHAGENLA

NEE Motor Varad -

THE MAFRIKA

having arrived (from Copenhagen/36m burg, Rotterdam; Antwerp non-Gr Consigness of Cargo ans hereby informa that all Goods are fezzy Jánited and placed at the risk injo fhe Phlegkor and/or extra. hafardens Godwin of thi Hong Kong and Kowloon Wharf and Godown co., Ltd., where Delivery, o be obtained as soon as the Goods are

No Claims ill be admitted after the Goods Have left the Godowns and. Goods remaining undelivered 28th March, 1933, at 4. p.m. rabeset to Rent

All broked, chafed and Adamsand Goods are to be left in the Godown. where they will be aramined by BALNE Anderson & Ashe on the 27th March, 198*, at 10 a.21.

All Claims against the Vessel menzi be presented to, the Undersigned withing ten day of the ships arrival, or iber will not be relegalled.

He Fire Laurance will be effented.

- Bils of Lading will be countersigned

JOHN, MANNARI

Hong Kong, gist Mars

NOTICE TO CON

OCEANS, STE.

NAVIGATION 00. L/T

CONSIGNELS per Co. # Vos

"EDRYBATES".

FROM UNEVED

CONTINENT

now

1 & 5.00 pm.

Rio Bueno

800

Bombay

1/81

Shanghai

1/84

Hong Kong

1/31

Yokohama

1/2.15/16

Filver (spot)

17.7/10

Asia Lands Limited

Gloucester Building

offers, ad COMPLETE" BROKERAGE

hozta 28380. Cable: ASIALANDS.

101.3/16

Silver (forward) (N.B.-Several wonds missed. and doubtful qving to bad atmospherio.

31% 100 (Continued of foot of next Column conditione przez

0.40: General Electric

2.00 General Foods

741.00 General Motor

ternational Tel. 400Liggett & Myers

8.00 Loew's Inc;

Montgomery Ward

2,80 National Biscuit

2.00 Facile „Ghal & Electric

Pennsylvania Railway

Radio Corph. .....

Sears Roebuck........................**

1.00 Standard Oil Co. of New

Jersey

0,40 Socony Vacuum Corpn...... 1.20 Union. Carbide & Carbon ... 6.00 Union Pacino

United States Steel Westinghouse E. & M

and After

- Optional Cargo here, unleme Notici Hal: to "Vorsal's serivad, but port to port to the fins to which the option exten

„Ali broken, ohafed and ard to be left in the Giddy will be examined on Sany

No Claims Will be að Goods Leg We

after, the

to Heat