1933-06-17 — Page 13

DAILY SHARE QUOTATIONS

HONG KONG STOCK

EXCHANGE.

SHAREBROKERS'

ASSOCIATION,

Buyer Roller

Balsa Nəqlani

FRIDAY. JUNE 16.

Bajer

Ballers

Banks

$1,720

H.K. Banks

2130

Do (London) ........

£14)

Chartered Banks ....

84

Mercantile Bks. “A”

Do.

198

Bank of East Asia...

$98

N. 0. & 8. Banks

$7.20

150

Am. O, Fin.Corp: 8.

***

Do Pref. S

3295

Canton InsuranOS0 ...

$2.40

3525

SARA

Union Insurances .......

$695

China Fires .....................

3870

H.K. Fires

$41

International Asace, S.

!!!

$5.40 Ch. Fin.Corp. Ord. 8

25.00

$324

$31

$30

$324

4849

$10

$33

મે

3B/-

SIT

#21

15

Insurances

Underwriters

U

***

810

***

$8

Shipping

Douglass ri Steamboats

Indos (pref.)......

Do. (def.)

Shells....... Waterboats

Mining

Bergusts.......**** Venezuela Gold Fida. Kailena Ar Langkats (single) B.; Explorations............ S. Shanghai Loang e. Hauba.....INTEISI Tronoh Mince. -**** Benguet Explorations Docks, WharveS,

Godowns, sto.

$4.65

***

H.K. & K. Wharroz.) $127ii Providents (old) ............. #3.95°

(L&W) ....... 31 40 H.K&W. Dock's

$17

S. China Motor 'A'

Do.

$1481 Shanghai Docka S. 18 New Engineerings8.

Hongkews .......................8.

Buildings

29 cts.

$128

$3.90

$1,40

. Do.

$16

$10

$13.05

$14.60

$21.65

Do. "B" S

Cotton Milla

Ewos

1115

***

Bales' Womina.

!!!!!!!!!!

!!!

14.

$1,785

£13

£24

$295

38.40

8613 $590

$250

-$34 $22

830

$30 *49/- $18

334)

93/ $17.20 $21

$9.80 13/

$8

$8

$149

$8

13

HONG KONG DAILY PRESS, SATURDAY, JUNE 17, 1933

MONEY

AND MARKETS

SIEMENS BROS. & CO.

SUBMARINE TELEPHONY

DEVELOPMENTS

DIVIDEND OF 61 PER CENT.

[Special Air-Mail Service)

LONDON, May 30. The 2nd ordinary general meet. ing of Siemens Bros. & Co., Ltd., was held yesterday at Central Hall, Weetminster, S.W.

i

an order for the supply of 33,000 volt cable the first South African contract of any importance placed for cables for use at such high pressure.

Telephone Exchanges

The Right Hon. Lord Queen- | borough, G.B. E., 'chairman of the company, presided, and, in moving

The demand for telephone ex- the adoption of the report and a change equipments for the pablis counts, said that the profit and loss service, both at home and overseas, account showed a balance of profit had kept most of the company's for the year of £291,450. That was telephone shops fully employed, and a reduction of £19,458, but under they had undertaken a considerable the very trying economic conditions amount of work in connection with which had prevailed during the trunk demand equipment for pro- year the result could not be regard-viding a no-delay service on trunk ed as unsatisfactory. It enabled the

Their calls. directors to propose the payment of a final dividend of 4 per cent. on the Ordinary shares, making 8} per. cent. "for the year, while raising the total carry-forward to £391,318.

Neophone "

tele-.

phone apparatus continued to enjoy popular favour, and in the more recent deliveries they were supply. ing an improved type, ia which the disturbing affects of "side-tone had been eliminated as a result of reveral years' exhaustive research by them.

*

The New Anglo-Belgian Cabis. The economic conditions which unfortunately still prevailed were There had been a steady demand not calculated to encourage tele for rural automatic exchanges, and graph administrations and com-

and the company's sale, rental panies to extend facilities for over-

maintenance business in private sens telegraphic communication by telephone equipments was making means of cable, but, of the com- steady progress. The Marine Wire- paratively small amount of business iess Service had been maintained in Available, the company had fortuita usual state of efficiency, but had nately secured a reasonable share. been affected by the adverse state of With regard to submarine telephone the shipping industry: that also eables, however, their plant had applied to their output of marine been occupied with the construction signalling apparatus. of the new Anglo-Belgian cable, which established another import ant link in the chain of telephone communications between this coun

$14.90 try and the Continent.

1331

Zanda, Hotels, and

$7

$7.10 $761

H.K. Hotels.ng

1695

H.K. Landa.......... $78

$334

Shanghai Landa....

814

Metropolitan Lands..

18

HE. Healties....

$8.05

$14h

Chius Do..........

$137

Do. DebenturesS.

Hamphreys

$140

Asia Realties "A'S.

320 5+7

Chiness Estates.................

14.15/ 60

$109

S'hai Cottons............ 9.

$110

814

Zoong Sings

S

$14

F

#07

Wing On Textilos(S.) $97

Public Utilities

Tramways....... $21.65)

Peak Trams (old).....t

$73

Do..

(new)...

$92}

Star Ferries

$921

$284

Yumati Ferries

$281

$12.00

·China Lights (old)...{ $19.80,

312)

Do. (now)...

$12

$73

$731

H.K. Electrics......724

$722

123

Macao do.

1104

Sandakan Lights...

$281

Telephones...

$29

China Buses......8..

Tractions

137

Do. (pret.)......

Industriala

316

Malabon Sugara, .....

320

Caldbeck, Tord.) 8.

$18

Mangregoraftpraf.)8.

36

H

78.40

513

18

(old)..

Canton Ices

Cements (comb.)... $74

Do

Do. (now)...

Ropes

Miscellaneous

Dairy Farma

Amusemente......

Do.

Lane Crawfords...... $44

Mackintosha

Nanyang Tobacco...

Bincere anchesona¿ERE

Watson8SEKERCST101.

$35 $7+

***

$15

An Interesting South African

Contract.

י

Overseas Trade.,

The business transacted by their overscas branches anx agencies generally had shown a considerable decline below the figures for the previous year.

Business with for

HONG KONG STOCK MARKET

WEEKLY REPORT

Friday, June 16. During the first half of the past weak, conditiods remained dull, with quotations showing an easier tendency, but latterly a little more interest appears to be taken,, not- ably in the lower priced issues.

13

SUMMER EXCURSION

HONGKONG TO

Kobe and eturn

HK$225

Yokohama and Return HK$255

Tickets On Sale at above Rates

until limit SEPTEMBER 15th;

Closing rates a little above the Return Limit 3 Months but in No

worst.

Business Done During the Week.

Hong Kong Banks, $1750, $1740,

81735, 1750.

Union Insurances, $527, $525,

$500, $620, $517, 8525. H. K. Fire Insurances, $270, " Benguet Consolidateds, 833, Benguet Explorations, 30 cents. Providents (Old), 84, 83.07). - Providents (New), 81). Hotels, $7.05.

Realties, 88.

Tramways, 21, .821.50, - 8214, Star Ferries, 8924, 802. Electrics, $73, $73),

Telephones, 820), $20.70. Cements (Combined) $7.80, $71. Dairy Farms, $28.

Lane, Crawfords, $4.80, 84.85. Govt. Lohns, 31 per cent. Prem. Ewo Cottons, Sh. 8141, Sh. 814.50,

Sh. 814.00, Sh. #14.55. Wing On (Textiles) Sh. 897.. Langkets (Single) Sh $15. Shanghai Explorations, Sh. #2}. Shanghai Loans, Sh. $5.

Changes (3.15 p.m.) Closing Quotations. Buyers.

Hong Kong Banks, $1740. Hotels, $7:05.

Cements (Combined) $7.60.

Sellers.

Telephones, $29,60, Dairy Farms, #272.

Bales.

Hong Kong Banks, $1750.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.. REPORT

Messrs. Roza Bros. have for-

warded us the following exchange market report for yesterday.

Silver prices rose yesterday the extent of 1/8 for Ready and 3/18 for Forward, the quotations boing. 19 9/10 and 10 5/8 respec-"

It was pleasing to note that a very large proportion of all the submarine cables which enable tele- phonic communication to be made with countries beyond the seas had eign countries, particularly with South America, had been greatly been made and laid by their com hampered by the uncertainty of pany. (Cheers.) And the splendid service provided could not have been exchange. That was very noticeable. achieved if the submarine links had in the case of British-owned rail- not played their part in such a ways in South America, whose or- satisfactory manner. The vew cable ders during the fast eighteen months. had a much larger carrying capa-had been reduced to a minimum. city than any of its predecessors, Siemens Electric Lamps and Sup having 120 conductors, or four times plies, Ltd, had again shown satis as many as any previous cross-factory results. The lamp company Channel cable, and therefore mark- had recently invented and placed on ed an important step forward in. the market a new type of Neon sign; the economics of long-distance tele-it had also taken up an exclusive phonic transmission.

licence for an advertising novelty called the Dobrulur amp.

He did not propose to forecast.tively. the trend of the electrical industry in the near future, but when trade Of underground telephone cables, revived their company could be re they had manufactured two main lied upon to secure a fair share of trunk cables only-one niles in any electrical work offering. It was length in the Eastern Counties, and unquestionably a wise decision on $27.85 another 42 miles in length connect the part of the Government to pro- ing. Perth and Stirling with other ceed with their telephone pro places. With a number of smaller gramme, and with Great Britain export contracts their output ex-holding only tenth position ns fur eceded that of the previous year, as telephone density in respect The restriction in expenditure by population was concerned, there municipalities and electric supply was still a wide field for popularis companies still curtailed the pro-ing the telephone. They might look duction of power and lighting hopefully to the future in that mains, but contracts had been ob- branch of their business. In other tained from the Central Electricity spheres of their activities profits Board for a supertension cable for were falling owing to insufficiency the north-west area, and they had of orders and price-cutting competi- Quiet. The market opened with supplied and erected the whole of tion. That might be reflected in indications of easiness but pub- the cable equipment for the elec-future dividends, but he was consequently steadied up slightly fa trical and steam plant at the great fident that during this reconstruc sympathy with Shanghai. Battersea power station of the Lon- tional period the directors, and

Sterling. don Power Co. Also the Cape management would have the sup Town Corporation had given them port of the shareholders.

3121 3112 34

|.90 ctm.

$11 $18,80

$28

Der A Wings.........

3191

$12

Ch. E'tainments..............

14

Constructions, (old))

$1

(DOW)

48

$21

$14

$10

101

$2.10

Wm. Powells

$1.80

110

M. Greyhounds

S. C. Enterprises

13

United Theatres... 8.

70

B. Ind. G. Bonds... 74").

ргета

$9

Wallace Harper......

China Sports Ltd ...

$180

HLK Wing Oo

$190

Shai Do

$155

H.K. Gort. Loans... $103)

Asia Lands Limited

Gloucester Building Tel: 28380;

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 (Dally Press

Canton Agents

John H. Ferguson & Co.

B. C. Shameen

Tel: 18624

་

Silver advices reported speculators as having bought. The Continent and India sold. The bons at the close was uncertain with America having sold at 1/16 under the quoted rates. In Ameri- cá business was dons et 38 1/4 and then the market dropped to 33 5/8, closing buyem at. 35 5/8, sellers at 36 7/8 for near delivery. The market was erratic.

Now York advices reported the closing rate at 4.02 7/8.

There were two changes this morning, the Gold Dollar rate was put down to 28 1/8 and Manila was put down to 58 1/4. Other rates were unchanged. Market,

Case beyond OCTOBER 31st.

STOPOVERS ALLOWED AT ANY PORT OF CALL WITHIN LIMIT OF TICKE'S."

DOLLAR STEAMSHIP LINËS AMERICAN MAIL LINE

PEDDER BUILDING HONGKONG.

CANTON BRANCH:-4, SHAKer Road.

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.)

Tel. 28880-Gloucester Building, Room 308.

{REUTER'S AMERICAN SERVICE]

New York: June 15. Dow Jones Averages:

30 Industriais

.20 Rails

20.Utilities

40 Bonde

High-1033 Low: June 14. June 18. Change

88.78

41.30

3411

83.26

41.39 04.06

13.23 43.77.

16.53 38.88

65.78. 81.58

88.67 5:19 down' 41.41. 9.36 down”

39.94 2,94 down

84.34

.22 down

Asia Lands, Limited, has received the following report from their New. York correspondente, E. A. Pierce & Co. The mach discussed and long- expected shake-out occurred this afternoon. It was drastic and we think that it was largely due to the uncovering of stop-loss orders a8- traders, lately have been scared. We think many positions were protected at the close. Trading was so sharp that perhaps it will be completed within a The report that a t

i

be imposed was largely responsible for the early weakness. The market-later ruled firm on advices from Washington that no decision. had been reached on the tax. Weakness later developed in sympathy with stocks. Cotton: There was a heavy volume of liquidation and professional selling and the market was also influenced by the process. tax report, the weakness of securities and lower exchange, Silver: Stop-loss orders were uncovered but agressive support developed later in the form of foreign and investment buying. At the close a good ..tone prevailed.

Business Done: 4,850,000 shares.

to

1832 Drv. $

LAST BALE

HIG

Low PER. SH.

June 14. June 15.

84....

308

3.00 Air Reduction

$79-

**8774

122 .98

42

6,00 Allied Chemical & Dye 4:00 American Can ...........

118

112

904

671:

37

1371 92

2701

44

404

199

1611

*28

— American Smelting............. 9.00. American Tel & Tel. 5.00 American Tobacco "B 1.00 American Waterworks

Anaconda Copper Mining 2.00 Auburn

24*

•1279

121:

881

83

38

351

167

14

ent 60.

184

4

Bendix Aviation

17

108

43

18

1.60 Borden Company

30

20#

7

Canadian Pacific ........

16

15

881

16

J. I. Case ......

841

171.

241

48

0.30 Caterpillar. Co.

21 181

2.00 Chase National Bank

32 bid 30 bid

251

1.00 Chrysler Motors

284

254

081

3.40 Consolidated Gas of N.Y...

60%

50%

Curtiss Wright

31

58

3.00 Drugs, IBO..

551

831

2.00 Du Pont de Nemours erinner

70%

87

3.00 Eastman Kodak

Electric Autolite ....

6. Electric Bond & Share

371

48

Electric Power and Light.....

14

16

261

0.40 General Electric

24

1.60 General Foods

30%

401

28

» 1,60 General Motors multi

281 23

1. Gillette Safety ..

105

*14·

24217

24%

381

35)

112 bid 112) bid

16

88

*23) 20

36)

bid

The market opened with sellers at 1/5 1/39, buyers bidding' 1/5 3/32 leading to business at 1/5 1/8 August, 1/6 3/22 July, 1/5 1/16 near and later 1/5 1/8 was done for second half July. The market closed with sellers at 1/5 1/18 June,

418 111 **201

95

PACIFIC ORIENTAT 1/6 3/32 July. and 1/5 1/8 August, 20

MONTHLY CARGO AND PASSENGER SERVICE

99.

M.S.SELANDIA Sailing on or about

FOR LOS ANGELES, SAN FRANCISCO, 22nd JUNE

ETC. via SHANGE AI...

CARGO AND Passengers acCOEPTED FOR

SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETO. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.

Excellent Passenger Accommodation

Passenger fare Hongkong/Ban Francisco G8120 (1st class only) For Freight and Passage, etc, please Apply to:

The East Asiatic Co., Ltd. - The Chinese American Shipping

Agents

JOHNMANNERS & CO. LTD.

Company

Agesk HONG SLING

Ofice, MERCANTILE Bare BULLDING (909 FIDOR), 7, Queen's Ro- CENTRAL, FELNYKÓRA - ✨ #4071,

buyers at 1/18. higher respectivesy, "Gold Dollars."

Business was done early in the

morning at 28 13/18 for near de

livery. There were sellers at 28 13/16 for June and 28 7/8 July, buyers probably at 1/16 higher.

·Ten

Merchants were quoted at 112 1/2 for near delivery..

*} Shanghai Dollars, Were quoted at 110 3/4 for near delivery.

Shanghai,"

The highest rate done in the merning was 1/3 1/2 July. Later. the market eaned off to 3/8 7/16. - "business" dóno July. There were sellers at 1/3 3/8 Juns, buyers at 3/3 7/16 June. "

· IN THE AFTERNOON." The market was a shade steadier

in the afternoon, t

Sterling.

213

13

118

17%

same delivery.

1.20 Gold Dust

0.00 International Harvester.....

7.00

(Preferred) International Tel & Tel.

4.00 Liggett & Myer ""

2.00 Loewlery

Montgomery Ward zi... 2.60 National Biscuit

1.00 National City Bank

1.20 National Dairy Producte 0.60 Otis Elevator

Business was done at 1/5 1/8 The market closed July, followed subsequently by a 1/5 1/8 June and transaction at 1/5 5/32 for the July buyer

(Continued as foot of nezt zala)- tively

2.00 Pacific Gas & Electrio

Packard Motors

0.50 Pennsylvania Railway

- Radio Carpa, d

Sears Roebuck.....

1.00 'Standard” Brands

Standard Gre...........

1.00 Standard Oil Co.

Jersey

Socony-Vacuum Corpn. 1.00 Texas Corporation : Trans-America

1.00, Union Carbide & Carbon 8,00 Union Pacific

United Air and Transport!, 040 United Corporation

United States Steel Westinghouse. E. &. M.