DAILY SHARE QUOTATIONS
HONG KONG.STOCK
EXCHANGE.
SHAREBROKERS' ASSOCIATION. -
Bayer Bollere
Bal
Nomiwal
SATURDAY. JUNE 17.
Buyers
Ballare
Momina
#
Banks
81,745; $1,700 $1,750
H.K. Banks
$1,330
£130
Do. (London)
E141
Chartered Banks ...
£13}
2941
Mercantile Bes "A"
£24
Ea
Do.
NO
£9
$98
Bank of East Asia... 398
+
N. O. & S. Backs
$7.20
$20
Am. O. Fiu. Corp: 8.
་་་
$0.40 Ch.Fin.Corp. Ord. H
25.00
Do Pref. 8
Insurances
1300
Canton IngaTS (1066...
$2.40
Underwriters
3325
1030
Union Insurances ... $525
$330
$690
China Fires
$270
H.K. Fires.
$500 $200
$41 International Assco, S.
Shipping
ོ7;!:;
Douglases Steamboats
Indos (pref.)
Do. (def.)
Shells
!!!
18:
821
730 $324 47/6
$15
Waterboata
Mining
$33
Banguots. IDASCENI
33/0
Venezuela Gold Fida. Kailans moyasiyas
$4.85
$17
Langgata (single) .
vk
Explorations.......
35
29 cts.
$10
Shanghai Loans . Raubs
Tronoh Minca
Benguet Explorations Docks, WharvoḤ,
Godowns, sto.
16
$128
| $3.99
$7.00
3781
**
!!!!!
$290 32:40
$34
322
130 $30
316
HONG KONG DAILY PRESS, MONDAY, JUNE 19, 1933
Money and Markets
SHANGHAI
REAL
ESTATE MARKET
TREND OF THE BUILDING TRADE
TRADING FOR APRIL AND MAY
The real estate market in Sling. the Nevolution came, and Chinese hai, experienced a little improve poured into the empty houses, until ment hiring April and May as far in 1912 they occupied 227%. This as trading was concerned, the total tendoney has gone on continuously turnover being approximately Tis since; at the end of 1039, 40.5% was
Of this amount two the figure.
The tendency for Chinese to use properties, one at the corner of Hoan and Ningpo Roads and the the type of building classified by other on the corner of Avenue Ed the S.M.C. as foreign-style is also ward VII and Rue Montauban in-brought out by other data for the
1908 and 1030. volved a figure of some T18.2,700,000. years
5,705,000.
In
these
The southwest corner of Foochow twenty-five years, the Chinese popu- and Kinngs Roads changed hands lation of the Settlement increased at a reported Tis:430,000. Another by 115% (from 152,716 to 971,397) interesting deal took place in the but Chinese-style premises increased Western Extension where a 110 mow by only 7. In the same period, 1346
lot on Hungjao and Chungsab foreign population increased hy 25%. change hands. The sale of the Em- 917%, and foreign premises by $17.20 bassy Theatre, ocetipying an area of 93%. This emphasizes the trend some two mow, also deserves men for Chinese to occupy structures
termed foreign-style. tiun.
HI
$9,60 12/-
$127)
H.K, & K. Wharves.
Providents (old) ... #3.90
$4
$1.40
Do. (new)...1 40
SL
1.K. & W. Docks...
$10
$8
S. China Motors* A"
Do.
"B
18 38
3145
Shanghai Docks
S.
SH
New EngineeringsB.
$33
L$
Hongkawa.......
Lands, Hotels, and
Buildings
8. #78
H.K. Hotels......... H.K Lands......... Shanghai Lands.....8. Metropolitan Lands..
17.10
$14
$8
H.K. Realties.......................
$141 $137
China Dot. A
Do. Debentures3.
#23,64
$140
!!!
$24 $.,7
Humphreys ***** Asia Realties "A" 5. Do. "B" S.
Chinese Estates......!
Ewos
$149 *8
$9.05
$13
The remaining amount of some. Ts.1,000,000 was spread over 31 smaller deals, averaging approxi- inntely Tls.60,000 each.
Whatever activity there was in the market was centred in the Hungino Road and Columbia Cir- rle districts, where Prices have shown a very firm tendency. Prices in the Settlement and French Con- cession were on the whole steady, have und these districts would shown a much greater turnover but for the fact that many buyers were looking for bargains which did not materialize.
The money market remains very easy with an ever ready supply of funds for mortgage loana There is reason to believe that a good deal of this money will be employed for investment purposes as soon as the political situation, becomes less obscure,.
A large part of the increase in foreign population is due to the in- flux of Japanese. While it may be assumed that some of them occupy Chinese houses, the proportion is not great, as we find when compar- ing the data. In 1905, 2.1% of Chi nese-style premises were occupied by foreigners, and by 1930 this had increased only to 4.3%. At present it has dropped to 3.7%.
HONG KONG STOCK MARKET
ES LD ENT
SATURDAY'S OFFICIAL.
QUOTATIONS
Saturday, June 17. The outstanding feature of the the market this morning was strength displayed by Banks and Unions, bids subsequent to the morning session of 81,755 for the former and 8530 for the latter re- mained unsatisfied. The rest of the active list was also quite steady, with no pressure of offerings in evidenco:-
Sales.
Hong Kong Banks, $1,750. Canton Insurances, 8300. Union Insurances, 8530. Hong Kong Lands, $78). Hong Kong Trams, 821.85. China Lights (Old), -813.10. Govt. Loans, 32 per cent. Prens. Buyers,
Hong Kong Banks, 81,743. Union Insurances, $393. Douglases, $3,
Vens: Goldfields, $41.
Benguet Explorations, 2 cents. Docks, $16.
Hotels, 87.03.
Humphreys, $13.83.
Ewn Cottons, Sh.$14).
Hong Kong Trams. $31.65. China Lights (Old), 813. Electrics, $73.
Cements (Combined), 87.63. Govt. Loans, 3 per cent. Prem. Sellers.
Hong Kong Banks, $1,750. H.K. Steamboats, 821. Telephone 829.00. Dairy Farms, 8273. Walince Harpers, 88.
THE EXCHANGE MARKET
MESSRS. ROZA BROS., REPORT
"
Outlook for Construction. While, improvement is sensed in the building figures for March and April, there is still much to be de- sired. The continued disturbances in the north reacted unfavourably. on the Shanghai real estate market, and with lack of confidence on the Messrs. Roza Bros., have. forward- part of Chinese, and with poored us the following exchange mai businese conditions, we find that anket report for Saturday:- the one hand some owners still feel Silver prices dropped yesterday reluctant to go into extensive de to the extent of 5/16 for Ready and velopment work and on the other Forward, the quotations being 191 The following figures show the those with vacantly and already for Ready and 10 5/16 for Forward. number of properties which change mortgaged find difficulty in secur Silver advices reported. America as hands during the period under reing further funds with which to having sold. India bought. Buy- view, and amounts involved by dis
ers were satisfied at the close. The riets:
tone was inclined to easiness. In America the rate was quoted at 35% District Sales Amount
for Spot. The tone was erratic. French Concession 8 Tls. 1,400,000
New York advices reported the Central District" 3 2,450,000
2
develop adequately. This latter condition may obtain in many quarters until real estate begins to turn over again.
Volume of New Construction. We find that the number of sub-closing rate at 4.073. tantial building permits granted during 1833 was as follows:
||
Market.
Uncertain at the opening but, to- Month Settle- Conces Outside wards the close eased off owing to
ment sion Arcas Bome demand.
13
BOTANDELEY
CRISTOBAL BALICA
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York
via Panäma Fortnightly railings on Wednesdays Pro, Coolidge ·June 21, 1a.m.
...Jaly a July 10 Pree, Grant.............................Aug. 2 Pres. Coolidgo...............................................Aug. 16 Pres. McKinley Aug. 30
Pree. Taft....................”, Pres. Hoover
601494
To Seattle and
Victoria
Fortnightly sailings on Saturdays
Pres. Cleveland ...
June $4
Prea, Jackson ******
July 8
Pres. Jefferson
.July 23
Pres. Cleveland
.Aug. 12
Pros. Jackson .
.Aug. 26
ROUND TRIP FARES TO EUROPE & AMERICA,
Special through rates to Europe via United States. connections with all Atlantis lines. Choice of rail lines acrosA for United States and Canada, liberal stop-over privileges
Sight-seeing. Fall particulars upon application,
Direct
Fortnightly via Suez to Europe & America
"
Fortnightly sailings on Saturdays vis Manila, Straits, Colombo, Bomber, Suez Canal, Alexandria, Naples, Genos. Marseilles, New York and Boston.
Pree. Harrison
Pres Hayes....................
Pres. Pierce.....
TO
J
Next Sailing.... Frer. Jackson
8am.
June 24
Pres. Monroe ***.
July 8
Pres. Van Buren
BKOS
Aug. 19
Aug. D
July 22
MANILA
Pres. Harrison June 24, 8 a.m.
Pres, Pieroe... July 29 Free. Grant........... July 25 Pres. Monroe.
Aug. Pres. Cleveland............................... Aug,
Juno 27 Prea. Taft...................June 20 Pres. Hayos... Joly 8 Pres. Hoover ...............July 11 Pres. Jefferson
.....July 16 Connecting with B.B. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL" LINE
PEDDER BUILDING-HONGKONG,
CANTON BRANCH-4, SHAKKE ROAD.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
5
Tel. 28380-Gloucester Building, Room 306.
{REUTRE'S AMERICAN SERVICE.]
New York: June 17.
Dow Jones Averages:
78
10
224 u
Sterling.
30 Industrials
88.78
High-1932 Low: June 14 June 15.
41.22 '88.22
Change
90.93
1.01 up
20 Raila
41.30
13.23 41.17
41.67
.60 up
February
80
21
141
March April
113
+1
198
ing at 1/5 1/32, buyers bidding 1/5
20 Utilities
38.11
18.33 33.03
33.39...
40 Bonda
83.96
66.78 84.07
84,18
36 up .11 up
129
32
220
Ts. 6,765,000 January
Cotton Mills
$141
8. $14.40
$14.60
2109
S'hui Cottons......S.
$14
Zoong Singe......S.
#110 $144
297
Wing On Textiles(S.) $97
Public Utilities
$21.65
$21.65
Tramways etavas
$21.85
Western District.
4
575,000
$14
Peak Trains (old)...
316
Eastern District
100,000
$7
Do (new)...
$7+
Northern District I
$121
Star Ferries ||
Outside Roads
18
40,000 1,500,000
$261
Yaumati Ferries
$281
213
113 10
China Lights (old)...) 5:2.9ul
$12
Do. (new)...
$124
473
H.K. Electrics......
$734
$23
Macao do.
110
Sandakan Lights....
$29.60
Telephonesaskaras
$99
$112
China Buses.............. S.
1-
Tractions radio
13'.
Do. (pref.)......
Industrials
315
Malabon Sugars
$20
Caldbeck, Tord.) 8.
BIC
Macgregors prof.)8.
56
Canton Ices
$6
$7.03
Cements (comb.)... 87.85
17.65
16.40
Do
(old)...
36
SIA
Do.
(now)...
Kopes
19
Miscellaneous
Dairy Farran
Constructions, (old)
(xew)
Lane Crawfords...... $42
Mackintoshs...............
Nanyang Tobacco...
Bincares
Watsons ....
Settlement Concession
There were sellers after the open-
3/39 leading to business at 1/5 1/16
Chinese Houses in the Settlement.
The small percentage of Chinese
3/32 In units of construction we find for near followed by transactions at premites vacant in the Settlement
1/3 September and 1/5 Pasts illumination on the well- the following:
August Later 1/5 1/18 was also known unwillingness of Chinese Month
arranged for August delivery. The January tenants to vacate premises they ac
market closed with sellers at 1/3 cupy, even when the landlord has February
June-July, 1/5 1/32 August and 1/5 much superior and March
1/16 September, buyers at 1/32 higher respectively. more modern building to be erected. April With only 4% of premises vacant, For the outside areas, the estimat it can be no easy task to find suited value of buildings for which able quarters.
permits were granted was:
15 plans for a
$27.68
ter
THE
$121
$11
<ta
Month January
February March April
3*2
206
38
180
399
460
181, 200
Outside Areas
$1,469,000
1,110,000
1,003,000
1,423,000
That the vacancies are growing is indicated by the figure of 126% for foreign premises at the end of 1939 compared with 129% for the first quarter of 1933, and increase of 1.5%; and for Chinese premises an increase from 1.0% to 4.4%, of 10%. There has been substantial im- When inquiring into the cause for provement in the Settlement. The such a large percentage of vacan- Average for 1933, while above that cies, one must bear in mind the for 1932, is still less than half the effect of the war in Shanghai last average for 1930-31. In the Concer year. Although this checked new sion, the figure is still somewhat be- construction to a very large degree, low the average for 1932, and only $13.80 it also affected the size of the popu- 40% of the average for 1930-31. Jation. While no census has been The outside areas have improved made in the Settlement, officials are somewhat being about 25% above of the opinion that the population the average for 1832, though still now is less than what it was before approximately 20% below 1930-31. the war. Secondly, economic condi- tions having been adverse, many families are sharing their premises with others.
+
$871
#1
Der A Wings...narri
$124
Amusemente
$12
Cb. E'tainmente......
31
DOA"
4.BL
$21
$14
810
391
32.10
WEL
Powells
$1,80
3:0
M. Greyhounds.....
$31
8. C. Enterprises...
32
$34
United Theatres... 8.
70%.
B. Ind. G. Bonds...! 741%
prem #7%
H.K. Govt. Loans.....) #103)
$9
Wallace Harper
China Sports Ltd ...
$180
A.K Wing On
$190
#155
S'hai Do
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 Daily Press
Canton Agents
John H. Ferguson & Co.
82, B. C. Shameen.
Tel. 18624
Chinese in Foreign Houses. In the early years of the century, the highest per cent, of foreign premises occupied by Chinese was in 1906, 12.9%. Im 1910 them were many foreign houses vacant. Then
י.
Gold Dollars. Business was done at 29 5/16 for October delivery. Towards the close 28 13/16 was also arranged for last day of June. The market clored with sellers at 291 June, 28 13/14 July, buyers at 1/8 higher respec tively,
Sellers were indicated at 1/3 5/16 for near, buyers at 1/3 for cash.
גי
Aala Lands, Limited, has received the following report from their New
York correspondents, E. A. Pierce & Co. There is little change today and a further period of irregularity, with no more than stabilisation around the present levels, is at present indicated. Buying power seems content to hold to order limits at, or under, the market. Wheat: There was a sharp break after the news of the Process Tax, which reduces the acreage, starting from 1984, by 20 per cent, if necessary. The market rallied later on bullish North West crop news and the technical posi- tion is considered to have improved. Cotton: A definite decision on the process tax has been postponed until next week. On the probability that it will be around four cente, there was fairly heavy professional selling. Silver: This market has been under pressure from professional operators and Trade selling. Commission houses absorbed the offerings. Business Done: 1,570,000 shares,
Drv. $ Low "PER. S¤..
8.00 Allied Chemical & Dye
1932
"LAST BALZ
HIGH
June 16. June 17.
84
30%
3.00 Air Reduction
#702
$701
Yen.
122
43
1124
1121
Merchants were quoted at 11 for near delivery.
96
290
4.00
American Can ........
87
80
37
American Smelting
201
30
Shanghai Dollars,
1371
70
9.00 American, Tel, & Tel
193
Were quoted at 110 June.
Shanghai.
02+
44.
5.00 American Tobacco "B"
65
404
}]
1.00 American Waterworks
33
G5
¿
19#
3
Anaconda Copper Mining
148
147
1512
281
2.00 Auburn
674
581
184
4
Bendix Aviation
Ik
15%
431
18
1.60 Borden Company.
337
331
208
7
Canadian Pacific
148
14}
881
181
J. I. Casenaan
77
*75
22
48
0.50 Caterpillar Co.... ..................
201 21
47%
177
2,00 Chase National Bank.
301bid xd 30 bið
261
5
1.00 Chrysler Motors
28
31
3.40 Cousolidated Gas of N.Y.
57
1974
#
Curtiss Wright
34
58
28
2.00 Drugs, Inc.
521
52
22
2.00 Du Pont de Nemours
721
3,00 Bastman Kodak
78
21.
32
6% Electric Bond & Share
321
48
12
ว
22
0.40 General Electric.
.212
201
347
334
40
25
201
28
142
10
14
211
212
24 418
10
364
€6
7.00
(Preferred)
112% bid 119 bid
15
201
34
4.00 Liggett & Myers "B"
80
B
201
1.00 Loew's Inc.
Montgomery Ward
57
204
2.80 National Biscuit
general feeling that the world des Outlook.
and Suppliers of building materials pression has been overcome
They find that we are on the way back to- are quite optimistic. more plans on the drafting boards, wards fair conditions, there should more dovelopment schemes being be a revival in building for the lat- studied, than for a long time past, ter half of 1933, and the indications are that with real assurance from political and military quarters, and with the
Continued on next Column)
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
""
M.S. "SELANDIA'
Sailing on or about
FOR LOS ANGELES, SAN FRANCISCO. 22nd JUNE
ETC. via SHANGHAI .......“
CARGO AND PASSENGERS ACCEPTED 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
Agenti :
JOHNMANNERS & CO. LTD.
Company Agent: HONG SLING
Office: MERCANTILE BANK BUILDING (zor #1003),,7, QUEEN's HD, OzntRAX, TELEPHONE: 24071.
Aside from the few major pro- jects which have been in hand for a long time, building interest, seems to entre in foreign residences in the Western Extension and in' semi- foreign or terrace compounds in the western Settlement and Concession districts. There is activity in fac tory projects in the Eastern Dis trict, and a positive indication that we may expect to enter soon upon the building of modest flats for Chinese occupancy. This must be the answer to higher land prices which accompany a growing city and we must take it that Shanghai, notwithstanding its recent setback, is a city bound to grow. Tendency Towards Higher Buildings. Up to the present, Chinese have been lying in two storey and three- storey buildings. If buildings are to go higher, following the trend among large populations every- where from ancient times down to the present, it should be in the form of flats and tenements, Begin nings along this line have already been made just west of the Race Coures, and an interesting trial is. bring worked out in a development along the west side of Route Amiral Courbet in the French Concession. Chinese proprietors with building projecte before them are looking upon the idea with favour, The Realty Market.
401
174
古
18t
23
43 1127
271
147
481
Electric Autolite
Electric Power and Light...
1.66 General Foods
1.00 General Motors
1.20 Gold Dust
1. Gillette Safety
0.60 International Harvester
International Tal. & Tel. .....
1,00 National City Bank
1.20 National Dairy Products 0.60 Otis Elevator in
2.00 Pacific Gas & Electric
Packard Motors
0,50 Penneylvania Railway
Radio Corpo,”............... Sears Roebuck
1.00 Standard Brands
Standard Gas
1.00 Standard Oil Co, of New
Jersey
Socony-Vacuum Corpe.
1.00 Texas Corporation
Trans-America
1.00. Union Carbide & Carbon
8.00 Union Pacific
United Air and Transpo
0.40 United Corporati
United States Steel WortingBonas K
201 xð 214
21217
24 bid 33 bid
20 xd 204
201
391
19
17
33
10% 101
211
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