1933-05-22 — Page 13

DAILY SHARE QUOTATIONS

HONG KONG STOCK

EXCHANGE.

SHAREBROKERS”. ASSOCIATION.

Buyers Ballers

SATURDAY,

Bales Nomical

MAY 20,

Zaren

Bollars

Banks

$26

$1,790, H.K. Banka..................

Do. (London)

2123

£131

Chartered Banka ......

£241

Mercantile Bks. “A”|

COL

Do.

"CH

Bank of East Asia....

N. O. & 8. Barkı

171

$20

Am O. Fin. Corp:

J5 00

Baler (Homilos

HONG KONG DAILY PRESS, MONDAY, MAY 22, 1933.

MONEY AND MARKETS

MARKET

HONG KONG STOCK

$3,730

£13)

Eya

201

398*

H

KEL

P

$0.40 Ch. Fin. Corp. Ord. 8.

Do Pref. 8 Insurances

$1,496 Canton Insuranoes....

Union Insuranoes ... #640

KÇUPUE

Shipping

Douglases .........******

Steamboats

Indos (pref.)

SATURDAY'S OFFICIAL.

QUOTATIONS

Saturday, May 20.

THE EXCHANGE MARKET

MESSRS. ROZA BROS., REPORT

Messrs Raza Broa. have for warded us the following exchange market report for Saturday: Locally, there was hardly any Silver prices dropped 3/16 yester- change of importance to be tedday for both deliveries, the quota $1,490 this morning, but cotton mill shares tions being 183 for Ready and 19

in Shanghai appear to be gradual- 9/10 for Forward. ly coming favour again.attributed the fall to lack of sup- Ewos specially, baving advanced in port. Other advices indicated the the past two days from about Sh. market as being fim with bayer €33.70 to probable buyers Sh. 814).

IM

$2 $545

Underwriters,

$3.10

$550

$820

Ubins Fires

A

TH

$250

H.K. Fires......................

$925 $250

$4.75

International Assoe, 9,

$321

$34

$32

IN

$38

190

Do. (def.)

$20

-15/-

Shelle

$15

Waterboats

"$16

Mining

129

Benguet

***

$29.

4.23

Venezuela 'Gold Fids. $3.80

18/3

Kailans KORSTEN

25/

$11

Langkats (single) 8.

$12

321

Exploration.......de

$21

Shanghai Losna

At

$9.80 13/6

a b

$3.90

$1.39

Stai

$181

$10

$10

Kands......

Tronoh Mines......

31 cls. Benguet Explorations

18.

Docks, WharvME,

Godowne, ste.

FLE, & E. Wharves. $129)

Providente (old)... 13907

Do.

(new)...

H.K. & W. Docks

S. China Motors' A'

Do.

$133 Shanghai Dock 9.

New Engineeringas.

Hongkowi ".............. Landi, Hotels, and

Buildings

H.K. Hotels

H.K Lands.......... Shanghai Lands....... 8.

$7.05

$745

$131

$15

APELLET!!

$320

!

$3.05

18

$8

18

1.134

T.E

into

BX100.

Union Insurances $550 Providents (old) $4

Humphreys 813

Shanghai Cottons Sh.8105. China Lights (Old) $18.30 Govt. Loans 3 per cent. Prem.

Buyers.

Bank of East Asia 808 Union Insurance 8545 China Underwriters 82 H., K. Firs Insurances 8250 * Indo-China (Prei.) 826.

Raubs 810

Providenta (Old) $3.90

Providents (New) 81.30

Hotels 87

."

Hong Kong Lands $74 Humphreys $13}| Chinese Estates 805- Ewo Cottons Sb. $14.30 Shanghai Cottons. Sh. 8105 Hong Kong Trams #211 "Peak Trams (Old) $18

Peak Trams (New) 88.10 China Lights (Old). $12.90 China Lights (New) $11.30 Electrics 872

Telephones 828..

$33

$15

Metropolitan Lande.

$7.70

H.K. Healties..................

$14

Chius Do ai........§.

$137

Do. Debentu.es 3.

$'31

Humphreys

$134

$131

$140

Asia Resities "A" S.

Cements (Combined) $8.03

$90

"B"H.

Cements (Old) ́84.40

-4

Chinese Estates............

te

Cements (New) $1.40

Dairy Farms 828

Lane, Crawfords 84.13

Do.

Dotion Millia

$14.30

Ewas

9. $16.35

$14.35.

$105

S'ani Cotton....****

814

Zoong Singasarok

285

Wing On Textilne(8.);

Public Utitles

$814

$10

18.10

3911

1994

32H

(now

$13.5

Tramways ****serter Peak Tesina (old).

Do (DOW)]

Star Ferriss

Yaumati Ferries (old)

Do

com. rights...

China Lights (old)..

Do (new)...)

H.K.. Electrica

Macao do.

Sandakan Léglits ...

Telephones............

!

$12.9

$11.00

372 373

$93

***

$10

$22

$11

China Buses ...... 8.

Tractions............

71-

Do. (praf.)...

Industrials

$18

Malabon Bugars

1*0

$20

Caldbeck, Word.) 8.]

316

Macgregor prof.)8)

36

Canton Ivea

(old)..

18.0% 16 40

$1.40

$9

Do

Ropes

Cements (comb.)... $8,10

Do, (new)...

Ch. Agriculturen

*Miscellaneous

Dairy Farms ---....| $27}|

Do.

Lane Crawfords...... $4,10

+

971

Govt. Loans 2 per cent. Prem.

Ballers.

$214

H. K. Steamboats $22 Electrice $73

38

2 638 % Namur quffa !

2010 almam

130

7.98/8.10

$9

SHANGHAI SHARE MARKET

MESERS. CARROLL BROS.' QUOTATIONS.

Mesars Carroll Bros, have re- ceived the following cabled quota- tions frem Shanghai :- China Finance. Corp. .... International Investment

Trust: Co

Cathay Land

Yangtze Finance Co. International Assurance Co. China Realty Co.

Shanghai Land Investment

Co."

$5.95

Silver advices.

1/16 over the quoted rates, In America the rato was higher at 34 for Spot. The nuket was firm

New York advices reported the opening rate at 3.89 and the closing rate at 3.861.

:

--Market.

Steady during the early part of the morning but later armed up following Shanghai.

Sterling.

The market opened with sellers at 1/4 11/18 leading to business at 1/4.23/32 for June and 1/4 fox July. Later offers at 1:41 were accepted for June delivery. The market closed with seller at 1/4 May, 1/4 25/32 June and 1/4 13/16 July, buyers at 1/16 higher respec. tively..

Gold Dollars...

Business was done at 9 for neat delivery. The market closed with sellers at 27 1/16 May, 27 June and 74 July, buyers probably at higher respectively.

U.S. INVESTMENT NEWS

Reviewed by Asia Lands, Ltd.

INTERNATIONAL NICKEL:

DOING BETTER

Profits of $157,008 in Fourth Quarter of 1937 likely to be aba tinued in early 1933-Operating Profits Last Year of $3,863,400 Turned into 8135,345 Loss After All Charges.

In the last quarter of 1832 Inter national Nickel Co. of Canada show. ed a net profit of $157,008, after depreciation write-off of 8880,810, the largest depreciation charge for any quarter in 1939.

Only in the first and last quarter did Inter- national Nickel show a profit after depreciation This was due to con- tinued improvement in the com- pany's foreign and domestic "busi. ness that began at the middle of the year. The betterment continued into and through January both here land abroad. February business continued good abroad, but domes- tia business dropped away from the January level..

Operating profit for 1032 was 383,363,400. After deducting $735,308 for interest and reserves other than depreciation and depletion, a bal Merchants were quoted at 119 for ance remained of $2,628,004 which was $694,185, more than preferred- near delivery

dividend disbursementa of $1,033,000.

Yen.

Shanghel Dollars. Shanghai dollers were quoted at After all charges the company re- 111 for near delivery.

ported a loss of $135,348, which compares with net profit of $6,004,497 in 1831.

Shanghal. Firm. Early advices indicated sellers at 173 but-lator sellera came. ent at 1/2 June, buyers probably 2 1/16 higher,

MERGER OF COAL

MINES

Cash and securities increased to 35,703,100 on December, 31, 1939, from $3,112,020 a year earlier. This increase, Robert G. Stanley; pre sident, points out, was due to liquidation of inventories and re- ceivables, and the relatively small capital expenditures during 1932. However, net current assets increas

from $25,450,643 on December 31, 1831.

Commencement of Jointed slightly in 1932 to $25,859,370-

Sales

PEKIN SYNDICATE AND

CHUNG YUAN GO,

inim

34,406,953 POUNDS OF

NICKEL SOLD!

Sales of nickel in all forms, in-

Joint sales in the mine merger between the Pekin Syndicate and the Chung Yuan Coal Mining Co.,cluding nickel in alloys, totalled referred to recently in the North 34,406,953. pounds, compared with China Daily News, have become 35,739,047 in 1931, a decrease of 38- effective, while the amalgamation per cent. World's consumption of agreement, now in the hands of nickel in all forms was 57,000,000 the Central Executive Yuan at pounds, compared with 73,000,000 in Nanking, will become effective on 1931 and 88,000,000 in 1930. Nickel the official approval of that body. sales in refined form totalled This brings to a conclusion four 24,776,420 pounds, compared with years, of negotiations, the North 10.10 China Daily News was informed 42,096,128 in 1931, a decrease of 41 14.75 by Major. W. S. Nathan and Mr. Per cerit. Nickel in products of 9.60 Harold Porter. As its result the rolling inilla abroad and in the 5.45 huge deposits of coal in Huaiching United States and from the foun 14.80 prefecture, Honan, now come under dary here amounted to 9,030,533 one managerahip, the new organles pounds, compared with 13,642,021 tion having been named the Chung in 1931, a decrease of 20 per cent. Fa Mining Administration.

Monel metal sales came to 7,624,20 Only one Pekin Syndicate mine pounds, compared with 13,156,745 in 8.10 at Chiaotso, is in operation at pre-1931, & decrease of 42 per cent, sent, the Wang Feng, which since while called nickel sales were January of this year has been turn-

ing out over 1,000 tons a day. The 3,938,782 pounds in 1922, down 4 per Li Foog mine stopped work during cent. Copper sales, exclusive, of the disturbances of 1927 and is now copper sulphate, totailed 57,862,780 Shanghai Electric Construc- fooded but can be pumped dry. pounds, compared with 98,919,677 in

tion Co.

15.00 The Jameisen mine was abandoned 1031, off 41 per cent, Gold sales Ewo Cotton Mills, Ltd...

14.60 some time ago, as there is too much came to 23,042 ounces, silver sales water in it, due to a limestone were 632,638 ounces, and sales of Shangbai Cotton Manufue

geological fault, The Chinese mines platinum

metals totalled 19,300 turjag

104.00

are at Lipo, eight miles away. All prices are in Shanghai dollars.

Large Deposits...

Capital expenditures were 8833,- with 1932, compared

$28

$1

Der A Winger**

JH,

$12

Amusements .................. ..|

$18Į

$12

Ch. Etainment.......

$12

$31

Constructions, (old)|$3.10

.75cta.

(now).75 ota

New Engineering & Ship Building Works (Ord.) Shanghai Dock & Engineer-

ing Co. Shanghai & Hongkew Whari

Co..

142.00

330.00

$4.16

Mackinwshe

Nanyang Tobacco...

$16

Binceres

89.40

Watsons

$2,13

Wm. Powella

$2

$10

M. Greyhounds......

$31

8. C. Enterprison

United Theatres...

70%

B. Lud. G. Bonds. 71.

.premi. 3x

H.K, Gort, Loans ... $102

મ

Wallace Harper

China Sports Ltd

$900

H.K Wing On *****

S'hai. Do

$159

Asia Lands Limited

Tel: 28380

Gloucester Building We offer you a complete brokerage service for the purchase or sale of

New York Securities

Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of

The Hongkong Daily Press

Canton Agents

John H. Ferguson & Co.

<82 B. Q* Shameen.

TL 18624

EXCHANGE

CLOSING QUOTATIONS

May 20, 1933. UN LONDON,

Telegraphic Transfor... Bank Bills, on demand 14

Bank Bills, 4 months'.

sight

Credits, 4 months

night

ON NEW YORK:-

-1/01-

Bank Bill, on demand 261 nom Credits, 60 days' aight. nom

ON. PARIS:

Bank Bills, on demand bes Credits, 4 men the sight ees ON INDIA:

Telegraphic Transfer. Bank, on demand ON SHANGHAI ?

On Demand Or Kost:

-ON MANILA F

"On demand.

On demand

On demand.

ON BATAVIA S

ha, On demand

* KUDIYE KO

On demand

ON BANGTOK

SedeOn dalad!

“ROVKEBIONE,

BAR SILVER par of

00

otices.

At present the mines can tura out 3,400 tons a day, and with im 651, in proved demand

ail. "

this could be $4,879,435 in 1931 and $12,328,918 in. brought up to 10,000. Said to be 1930. No extraordinary capital ex- the finest steam coal in China, dependitures are planned for 193 posite known to be in sight in the In the balance sheet and con- ares worked by the combined sd-solidated profit and loss and earned ministration total 150,000,000 tons. surplus statement, the general This figure is based on only 50 principles of exchange conversion per cent. recovery, and Major Na followed were to record in U.S. than said yesterday that it would dollars property accounts at cost take a hundred years to work it investments in U.& dollars at cost In a few days' time Mr. Porteror less, inventories in US dollars is going to Honan again, in order at cost on marked whichever was to see the manager of the Chung loss, with onrent assets and our Yuan company regarding the reor rent liabilities adjusted to US ganisation at the mines consequent dollars at rate of exchango on. De- upon the amalgamation into one cember 31, 1832, administration. Subsequently he Preferred shareholders on Decem will return to Shanghai to arrange ber 31, 1882, numbered 10,400, com the reorganisation of arrangements pared with 10,533 at the beginning hero.

of the year, and common share- holders were 38:557 against 94,621. Total nickel, deliveries elsewhere than in the United States were down only per cent. from 1931 while in the United States the de Grease as 37 per cent. but ven

LIFE INSURANCE IN JAPAN

Japanese life insurance comp had an aggregate of 11,963,056.000 in their working face st. the of 1938, acording to in by the Life Insurance (Beibi Kyokai). This of 197,781,000 over

It is not

register

$192,000,

Enired

an mcrease

in the United States nickel con sumption has held up better than in many related industries – mich far steel and Butomotive production,

Stanley

use, mckel improved its ition

1039

tota}

Y100,14,000 Deta

lows two

505.18

ties:

Deponts (Continued at foot

president liners

1811: 1,5:9.

Weekly Sailings Transpacific

To San Francisco, Los Angeles & New York

via Panama Fortnightly sailings on Wednesdays Pres. Hoover Pres. Wilson

To Seattle and

«Victoria

Fortnightly sailings on Saturdays

May 24, 1 sm.

June 7

Pros, Coolidge in June 21 Pros, Jackson Pres. Hoover

Pres. Jefferso□............ Pres. Claveland.

·Pres, Taft...

... June 3

Juna24-

...July

July. 4 July, 10

Pres, Jefferson

July 22

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 United States and Canada, liberal step-over privileges for Sight-seeing. Full particular upon application.

Fortnightly via Suez to Evrope & America

Fortnightly sailings on Saturdays via Manila, Straite, Colombo, Bombay, Suez Canal, Alexandria, Naples, Gstos, Marseilles, New York and Boston."

8.m Pres Polk.

May

27 Pres. Harrison" series June 24% Pres. Adamse 10 Pros, Hayes..

TO MANILA

................................Pres, Polk May 27, 8 a.m.”

Près. Cleveland Pres. Harrison Pres. Jackson porno -`' Jane. 27.

June 17 ....June 24.

Next Sailing. Pres. Jofferron..May 27 Pres. Wilson RUSTEMENTOS May 30 Fres, Adams...............ane 10 Pres. Coolidge Connecting with 8.8. MATON To CEBU, ILOILO, ZAMBOANGA

*June 13

Pros. Taft................................ Faly. 17

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDER BUILDING-HONGKONG. -

AN

CANTON BRANCH: SHAKER ROAD.

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.)

Tel. 28380-Gloucester Building, Room 308.

(BRUTER'S AMERICAN AERVICE.]

New York: May 10. H Dow Jones Averages:

80 Industrials

20 Rails

40 Bonds

30 Utilities'

High 1833 or Low: May 19. May 20. Change. 89.767454541.22 81.75 8021 1.54 down 41.30

*13.23 38,46**.

374790 down; 38.11 16.6397.88:27:40 48 down 83.26

05.78 82,00 81.99 .01 down -Asia Lands, Limited, has received the following report from their Newi York correspondents, E. A. Pierce & Co. - Industrial izenes are nowi following commodities and, we do not look for any severe 1st-back. We think that rails still present possibilities over a near-term. Business news continues to be satisfactory. Wheat: General liquidation, with limited support and some new buying around the low levels resulted in a slight rally, Cotton: Relatively heary selling caught stop orders. The trade was the principal bayer. Silver Liquidation was absorbed by short covering. There was some trade and speculative buying on the way down.

Business Done: 1,300,000 ahares.

* 1935-DIV: ·

Low PK. Ex.:

708.

LAST SALE

HIGH

May 19. May 20.

944

30% 742)

3.00 Air Reduction

679

871

6.00 Allied Chemical & Dye

1014

100

2014.00 American Can

$17

30

American Smelting.

1978

9.00 American Tél. & Tel.

1092

1081

80*

3.00 American Tobacco

B1

76

198

Anaconda Copper Mining

12/

12

-101

284

2.09. Auburn f

498

18

1.60 Borden. Company

324

Canadian Pacific

32 15912)

59

65

CIAO LADO CAR National Bank'

5. 1.00 Chrysler Motors

મ

57

93

· 22

2.00 Du Pont de Nemours

4.00 Corlsglidated Tas of NY..... 3:00 Drugs, Inc.

381 3.00 Eastman Kodak

estrio Bond & Share

8

201

040 General Electric

401

19

2.00 General Foods

1.00 General Motori

244

1. Gillette Safety

885 188 CH***26AB38AESE FRITS

0.80 ~International Ha 17.00

108

80

4300 1.00

877

1:00

tgomery

National City

2,00 11%dic C3 & B

aolo Corpa.

Bears Rosbuck

$1.06 Standard Oil Co. of New.

"INDUSTRY N

Only

SERIOUS

0.50

Pennsylvania Railway

ited States

281 bid 251 bid

20

421

40

021

: 19

bid

812 174

Lid 203 bid 210

26+

Factory dispute re

·British- rican

ingred

the mpany

than

Eddition