DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
Buyers Seller
$1,360
SHAREBROKERS' ASSOCIATION,
WEDNESDAY,
Nominal
APRIL" 6.
Bayars Beliers
Banks
H.K. Banka
Do. (London) Chartered Banks ....
Mercantilo Bks. "A"
T.4 86 China Fin. Corp. Ord.
Canton Insurancee....
$1,365
$9.40
HONG KONG DAILY PRESS, THURSDAY, APRIL 6, 1933.
MONEY AND MARKETS
LIVERPOOL MARKET
REPORT
COTTON, WHEAT, AND SUGAR PROSPECTS
REVIEWED
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
REPORT
Markets were dull and featureless this morning, with hardly any change in mates."
Messrs. Pentronth & Co. have stallized in a definite report of on kindly forwarded us the following Tale of 12,000 bales. The fall in
Forward offerings were rather Liverpool Market Report, dated Egyptian premiums, however, still! February 24, from A. J. Bustun & continues and both Sakal and Up-heavy in the lower-priced section,
have touched the lowest but few buyers were in evidence. Co., of Liverpool:-
pers figures since December.
$1,300 | COTTON
$1,715)
$1,715
£1181.
E13
£131
£14
£843
£97.
Do.
"O
$100
Bank of East Asia...
$101
N. C. & S. Barks
$71
***
$20
Am. O. Fin. Corp: M
+
T.4.60
Do.
Prof.
Insuranoss
14
$2.35
Underwriters
| 555/60]
Union Insurance .......
$535
$620
China Fires
$895
$1,330
H.K. Fires
T.3
International Assoe..
Skipping
Douglason
Steamboats
320
Do. (def.).
39/
Shells
$34 $18 65/. 80% 41.
$21
Mining
$19
Bengueta.........................................
SIE
420 Venezuela Gold Fida, $3
21/3
Kailans
25/.
T4
Langkats (single)...] Tog
T2.10
$9.10
Explorations.....................
T.21
T2.30| Shanghai Loans ... T.14
Rasbs.
Tronoh Mines
13.6
$32
$35
$26
Indos (prof)
$130
$4.05
22 : ! ! !!!*
פל
T.11
320) | Waterboats
$1.40
Let
**187·
$4.05
$1.70 20
$8
"B"
18
***
**
26 cts. Benguet Explorations
$18
$10
7.51
Docks, WhaZTOS,
Godowns, ste.
H.K. & K. Wharvės.
Providents (old) ........| $4
Do. (new)...
H.K. & W. Docks.. S. China Motore 'A'
Do.
Shanghai Docka...
New Engineerings
T.825 Hongkews ........
Lands, Motels, and
Buildings
H.K, Hotela
Shanghai Lands
18
T.AS
17.10
3723 78/78}}
142
7.22
$7
F.K. Lands
$711
$72
T.10
Metropolitan Lands...
ST
H.E. Hoalties..
T.10
China Do
1.98
Do. Debentures
324
M$140
M323
་་་
Hauphreys durer Asis Realtion “A”....
Do, "B"..
Chinese Estates.....
Cotton Milla
Ewos...
T.71 S'hai Cotton..........
7.101 Zoong Sings
Wing On Textilos(8.)
TIL.80
$103
Public Utilities
#91)
$212
Tramways
521
$1.20
Peak Tennis (old)...
$8
Do. (now)....
$91
Star Ferriss *****
$32
Yaunati Ferries(old))
5811
Do.
•{now;
$121
871 $25.35
5114
⠀
1.05
"
War Debts and acreage pros
WHEAT: Prices are just about unchanged on the weak.
The chief feature has been the tense situation in the Far East, Although fighting round Jehol has only assumed a skirmishing nature so far, there is every probability that war between China and Japan will be declared. Should the hos tilities be of any duration, crops would certainly be destroyed and this would result in large pur chases..
The so-called "Final" hatimaate of the Indian crop has raised the COTTON. Washington has once crop figure to 4,423,000 bales again been the chief factor in the against 4,233,000 in December and situation. There is no new as to the the Supplementary estimate of Debt negotiations, but the air is 4,064,000 last year. With the in- full of legislative proposala. Some creased figure of the Egyptian details are now available of the crop to which we referred last week Smith-George Bill now known as this means that the total of Out-
is the Cotton Control Bill. The va-side Growths mounting up rlous Government holdings of about ¦ again. 3 million bales are to be put into Į
pool from which producers may pects; if anyone can forecast thes: buy at present prices, on credit, correctly he will be in a better a condition that they agree to re- position to judge the market than duce their 1933 crop by similar we are. All we can say is that if quantities, but they are not to be some satisfactory - War Debt Set- allowed to sell the cotton till after tlement were to be arrived at, the August 15th. This Bill has passed size of the crop would be of very the Senate and reports indicato | secondary" importance. that it may also pass the House of Representatives. In the meantime WHEAT Hoover in special message vo Congress has denounced the Jones Allotment Bill a wholly, unwork- able, but has endorsed another plan that the Department of Agricus ture should lease 50 million acres under cultivation for cash craps this year; it is not clear whether the land leased is to be kept out of production altogether or used only for food and feed eropa. The objection to this scheme will pro- bably be its cost. In 1931 the minimum rent of cotton land, ac- $13.99 cording to the Government statis- In Liverpool, the market has tics was three dollars an acre. At been somewhat depressed owing to this rate the proposal would cost free offerings of Plate wheat at about 150 million dollars per a lower prices and to the liquida
not for short of the tion of the March position. Until mount of our annual Debt pay-the Argentine has marketed a large ment! Finally, the Department of Agriculture's proposal to make a 30 per cent, reduction of acreage a condition of their seed loans
As regards the U.S.A., there are still holds the field.
continued reports of crop damage Meantime our market has on the in the Winter Wheat Belt. Dryness whole followed the upward move-is still prevailing in the greater ment in New York, strengthened part of the South West. with dust by a reaction in the exchange. storms in Kansas and predictions In Manchester the critical situa of cold weather in the North West. tion between China and Japan has Good hoped are entertained that had various reactions. Thore are even if the Allotment plan is vetoed by President Hoover, it will be passed when President Roosevelt holds a special session in March, although possibly in n modified form. There is no doubt that this bill would greatly relieve the dis- tress among American growers and would tend to bring the U.S. pro- duction down to domestic require
$7
***
7.71 T.101 $100
315
$8
501
332 #31
$30
Do. (now)... $110.ll pd
$71
Масло до
Int
127
$27.30 $27
cum, rights...
China Lights (old)... $35.20
H.K. Electrics......
$10 Sandakan Liglits
12/
$15
Telephones.................... China Buses .........
Tractions
Do.
(pref).......
Industriais
Malabon Sugars
T.14 Caldbeck,
T.10 Macgregors (prof.)
Canton Ives
37.00
+41
T.10
21.
Jord
***
$27
36
$6
$7.30
Cements (comb.)...] $7
· Do.
(old)...
Do.
(now)...
$11
$10
***
Ropos
Ch: Agriculture
$4,80 Constructions, (old)
Do.
Mackintoshs
Sinceros.ber
num, or
rumours of heavy government or ders for Japan, while on the other band, it is expected that with actual warfare begun Lancashire should gain increased trade in China A jump in the price of Silver is also helpful.
The rumours about government sales of Egyptian cotton have cry:
quantity of her crop, it is to be feared that this factor will have a depressing influence.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tal. 28380-Gloucester Building Room 308.,
[RECTIE'S AMERICAN SERVICK.]
+
Chango
.40 up 24:58 .44 down 18.03 19.33· 19.33 unchanged
73.78 65.78 74.14
38 down
Miscellaneous
327
Dairy Farmankindne
***
$271
$1
Der A Wings..
$181
Amusemente
$121
$12
Ch. E'tainments....
$12.
$4,30
Si
(new)
Lane Crawforda..
14
call pd] $1 $3.85
New York: April 4..
Dow Jones Averages:
High-1932
$3.90
30 Industrials
88.78
Low: Apr. 3 Apr. 4
41.22 55.69
58.09
21
Nanyang Tobaco...
20 Rails
41.30
13.2 24.99
sloj
$15)
20 Utilities
36.11
28
Watsons
$7.80
40 Bonds
83.26
39.36
Wm. Fowells.............
$3
$10
M. Greyhounds ..............
***
$31
8. U. Enterprises ...
$2
United Thestres
B. Ind. G. Bonds... 674%
pren.
H.K. Gort, Loans.....} $105
$9
Wallace Harper
China Sports Ltd...
$220-BK-Wing On
B'hai Do
346
LOCAI, AND REGULAR OUTWARD MAILS,
Canton ...
Asia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. Industrial isques are acting better than rails and it is possible that some industrial saxes will show a further rise. Growing interest is being shown in commodity stocks, of which sugar issues were a leading example. In the wheat market profit-taking caused a reaction but prices rallied at the close. The cotton market has ruled quiet but steady. Silver. prices advanced early in the day on trading, but eased toward the close. Business-Done-720,000-shares-
LAST SALE Apr. Apr. 4. B36: ',' இந்த
IM
$220
$180
1932
Div. 8
HIGH
Low PRE. SH.
841
30%
3.00 Air Reduction
WEEK DAYN,
SUNDAYS & HOLIDAY:
80%
42
6.00 Allied Chemical & Dye
76
77
་ ་
737
મહી
4.00 American Cen
35)
301
FUR
PROX
137
701
0.00 American" Tel. & Tel.
80
90
FROM G.P.O.
FROM SHEUNGWAN BRANCH P.O.
FROM G.P.O..
SKIUNⱭWAY BRANCH
2.0.
891
44
5.00 American Tobacco "B
612
61
10
3
Anaconda Copper Mining
7
1511
264
2.00 Auburn
33
33
1
43)
18 1.60 Horden Company
201
Pamshul and Wuchow (By)
direct steamer)
(7.15 am, &$ 7,00 mm.. 8.00 pm. {7,00 p.m. (By) 4,00p.m.
7,00 asitle &
20
Canadian Pacific
71
17.00 patt
214
B
1.00 Chrysler Motors
68!
31
4.00 Consolidated Gas of N.Y....
40%
4.00 pm.
1.00
57
23
3.00 Drugs, Ins. ............
30% . 31
22
2.00 Du Pont de Nemours
34
31
(890 &
1.30 pts.
871
35
3.00 Eastman Kodak
49)
465
¿
0% e. Electric Bond & Share -----
12
(7.15 mm. (7.30 am.
Vacao & Trinsso
1,80p.m
20
81
0.40 General Electric
127
only
Lonly
401
198.
2.00 General Foods
231
Zǝngmoon (except Batardays)]^-5.00 p.m.
6,00 P
5,00 p.
0.00 p
249
74
1.00 General Motors
110
Kantong (except Saturdays)
6.00 p.
6.00 p
242
102
1. Gillette Safety
121
12
34+
10
22
22
108
68 7.00
(Preferred)
90 bid
90
7.15.11.
B#
34
581
9
10
201
2,80 National Biscuit !
J'ai Fo
Bbumebun
...
57,25 mm. & 16.00 pm.
4.00 p.za.
(8.15
1.18 p.m. Sandays Bunday 8.15 m. 8,80
-Falahan and' Wuchow (By
Train)
ful O
***
1,00p.m. (9,00mm. & 18.00 pm. (9,00 am, & 8.00p.m.
8.00a.m. ∙∙1280 puta
8,802.11,
8.00 pin.
7,15 a..
11,00 am
$.00 0.0
11.00 .. (11,00 8,
8,00 mm
Aberdeen
Swanley
Autan...
Pingshan, Bantin
10.20
11.00 0.
8.30
19.
Shatin,
381
Bhatankok and
Sheung
skod
10,80 8.3.
4.83 Pa
Balking
Fantan Brekk: & Taiping
7:00 pm
Xamla)
12
0.00 International Harvester .....
International Tel. & Tel.
4.00 Liggott & Myers B· .... 1,00. Loew's Inc..
Montgomery Ward
2.00 Pacific Gas & Electric *****
040 Pennsylvania Railway ....
Radio Corp. “.................
Sears Roebuck
1.00 Standard Oil Co. of New
Jersey ..................
0.40 Bocony-Vacuum Corpn. 1.20 Union Carbide & Carbon ...
6.00 Union Pacifo ́......................
United States Steel
Westinghouse E. & X.
217
---REERS 8728EPA KOGERA.
Sales,
Hong Kong Banks, $1,715. Union Insurances, $535/560. Hong Kong Lands, #72/72). Hong Kong Trams, $214.
Buyers.
Canton Insurances. $1,300," H.K. Steamboats, 800. Shanghai Explorations, Tis. 2.10. Raube, $9.10.
H.K. & K. Wharves, $130, Providents (Old), 84.05. Hong Kong Lands, $72. Ewo Cottons, Tis. 114. China Lights (Old), $12. H.K. Electrics, $71. Macao Electrics, $25.35, Telepbones, 827.30. Cements Combined), $7.05 Lane. Crawfords, $3.95. B. Ind Bonds, 631%. H.K. Gort. Loans, 5% Prem.
Sellers.
Douglases, $35. Hong Kong Lands, $79.. Hong Kong Trams, 11. Telephones, $271.
Cements Combined), $7.15.
muents, thus eliminating America an a competitor in the world market,
Canada has still an enormous surplus, but with UEA, competi. tion tactically out of the market, the outlook in Canada is decidedly better. The demand from Enro pean countries, although still rather poor, is showing certain signs of reviving and it is confidently thought that Russia will buy sub- stantial quantities of Canadian wheat for seeding, purposes when Davigation is re-opened.
,
The reports to hand from Russia are not very favourable. Prepara tions for the Spring seedings have been backward and very sevara weather is continuing.
The article, in our opinion, is in mom healthy position than pre- tically any other commodity. We- think that it is a purchase on its own merits, but if any favourable developments occur regarding war debt negotiations, etc., this of course will make the position all the more healthy. We particularly favour the Chicago market because of the very poor U.S.A. Winter crop. We feel that the Winter and Spring crops combined will not amount to much more than what is required for domestic consumption in U:8.A.
SUGAR
too
The sugar market continues steady, but with business of s great volume. Present prices ap pear to be stabilised, and any buy- ing interest, either from the trade ar from outside operatore, is what the market requires at the moment, The New Yotk market is probably oversold, and operators there may become nervous if the Porto Rico and Philippine offerings were to suddenly ceasH. . Stocks held by American refiners ara доре large, and buying from that quar- ter is not a remote contingency.
Attention is now being contred on the grinding of the Cuban crop, the production of which is estimat- ed at two million tons, but it is doubtful in some quarters whether this figure will be reached. It is Iumoured that the Java crop for 1934 will not reach more than 300,000 tons. The trend of prices during the next twelve months will depend to a great extent as to how Cuban and Java sugara will come on the market, but it appears at the moment that offerings will not be unduly pressed.
We recommend as a straddle, purchases of September New York upninet sales of August London.
London's opening this morning -Mch. 5/6fd., May 5/0jd., Aug. 6/old.
New York's close yesterday :- Mch. 88., May 90c., July 8. Sept. 1986.
AMERICAN ORIENTAL FINANCE
CORPORATION
A COMPLETE
SERVICE
A complete brokerage service. for New York Stooks in available at our local. Agente
Asia Lands Limited
Gloucester Building:
Daily Quotations
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
vla Panama
Fortnightly sailings on Wednesdays Pres. McKinley
Pres. Coolidge.
Pres. Lincoln.
Pres, Hoover
Prag, Wilson
Pros. Coolidge
To Seattle and
Victoria
13
Fortnightly sailings on Saturdays Pres, Jefferson
Apr. 15
May 20
Apr. 12, 1 a.m.
Apr. 26 May 10
Pros Cleveland. May Preu, Taft
May 24
Prez, Jefferso
81
June 7 Pres. Madison June 2
June 3. ne
ROUND TRIP FARES TO EUROPE & AMERICA.
Special through rates to Europe via United States. Direct connections with all Atlantic lines. Choice of rail lines across For United States and Canada;. liberal stop-over privilagen -
Sight-seeing. Full particulars open application.
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, traits, Colombo, Bombay, Suez Canal, Alexandria, Naples. Ganon, Marseilles,
New York and Boston..
8.m.
Pres. Monroe
Pres. Garfield
Pres. Van Buren...............Apt. 29 Pros Polk.
B
„Afay· 13;-
May 97.
Pres. Jefferson April 8, 6 p.m.
TO
MANILA
Next Sailing
Pres, Monroe ****?)
Apr. 18
Pres. Lincoln
...May
Pres. Coolidge...........
Apr. 18
Pro, Cleveland... May &
Pres. Van Buren
Apr. 29
Pres, Taft¶¶
May 13.
Apr. 23. Pres. Hooverin
May 16
Pres. Cleveland
Connecting with 8.8. MAYON TO CEBU, ILOILO, ZAMBOANGA.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
CANTON BRANCH:-4, SHAKEK STREET.
SHANGHAI SHARES
CARROLL BROS'. QUOTATIONS
Messrs. "Carroll Bros, received the following cabled quotations dated April of Shanghai shares:-:
Ching Finance Corp International, Investment
Trust Co. (Ord.) Cathay" Land
CONSIGNEE NOTICES.
SILVER LINE.
NOTICE TO CONSIGNEES,
FROM NEW YORK.
THE Motor Vessal
SILVERSANDAL" having arrived from the above Port on 4th instant, Consignees of Cargo san hereby informed that their Goods are being landed at their rink into the
Tla.
3.75
7.75
Godowns of the Hong Kong and Kowloon
11.00
Wharf and Godown Company, Limited
Yangtze Finance Co.
6.50
International Assurance Co. China Realty Co. Shanghai Land Investment
Co.........
3,80
Kowloon, and stored at Consigneee" risk, and expense.
0.90
23.50
New Engineering and Ship g Building Works (Ord.). Shanghai Dock and Engin-
eering Co. Shanghai and Hongkew
3.80
95.00
All broken, chafed, and damaged Goods are to be left in the Godown, whore they will be examined an Tuesday, 10th instant at 10 am.
All Claims must be presented within 15 Days of the Vossel's arrival hare, after which date they cannot be re-
ognised.
No Claims will be admitted after the Goods have left the Gorlewis, and all Goods remaining undelivered after the 11th instant will be subject to Bent
230.00
...
20.25
11.75
by
71.00
10.SU
19.50
Whart Co.. Shanghai Electric Construc- tion Co." Bearer" Ewa Cotton Mills, Ltd... Shanghai Cotton Manufac
turing Co. Zoong Sing Cotton Mills,
Ltd. American Asiatic Under.
writers (Ord.) American Oriental Finance.
Corp. "Bearer" 20.00 Asia Realty *** Bearer "i
...... 22.00 Shanghai Power Co. (Pret.) 94.00 Chinese 5 per cent. Gold #
Bonds 1025
THE EXCHANGE MARKET
60%
MESSRS, ROZA BROS....
REPORT
Silver, prices were unchanged-yes- terday, quotations being 171 for
No Fire Insurance has been effected, Bill of Lading will be countersigned,
FURNESS (FAR EAST), LTD., 2nd Floor, King's Building, Connaught Bosi.
Telephone 0. 28165, Hong Kong, 4th April, 1999,
[670
-- HAMBURG-AMERIKA LINIE,
NOTICE TO CONSIGNEES,
THE Motor Ship TH
"DUISBURG "
having arrived, from Hamburg and Forts of call, Consignees of Cargo are- hereby notified that their Goods are being landed and placed at their risk into- the Hong Kong & Kowloon Wharf & Godown Company's godowns at Kowloon, where Delivery may be obtained as soon so the Goods are landeda
Optional Cargo will not be landed here, unless Notice has been given: 48 hours, prior to Vessel's arrival, but enrrisd on from port to port to the final però ..... of call to which the option extends
No Claims will be admittedt after the Goods have left the Godowns, and, all Goods remaining undelivered after the Batarday, 8th April, will be subject to Bent
Ready and 17,5/16 for Forward. All broken, chafed and damaged Goods ard to be left in the Godowns, where Silver advices reported China as they will be anamined un. Fiday, 75 having operated both ways. But Goddard & Douglas
April, wh 10 sm, by-our-Burwogere,
Boss Was amall.
steady,
The tone
was
To comply with the General Bonded Warehouse Regulations consiguese min k barë ́s ́ Reyenne Officer in-sitămânare" The New York/London cross-rate when damaged dufiable goods are
ermined. was lower at 3.48.
All Claims must reach as beleze tha Saturday, 22nd April, 1989, or they wills ¿Ófficial rates were unchanged this not be recognized
a morning.
Market.
Quiet
Sterling."
No Insurance will be affected. Bills of Lading will be countersigned by
JEBSEN & 00
Hong Kong, 1st April, 1833,
Agents,
22) April, 228 May und 221 June, buyers at 1/10 higher
A small business was done early in the morning at 1/313/18 for April delivery followed later by a small tranzaction: se 1/37 June. The market clósed with sellers at 1/3.28/32 April, 1/13/18 May and 1/2.37/38 June, buyers at 1/99 for near delivery higher respectively.
Gold Dollars. And die Sellers at 1-777 Business was done at 29f for May 17.13/16 1 At the close there were sellers he had
rera át 78 for cash
No comments yet.
Private notes are available after approval.