1933-06-20 — Page 13

DAILY SHARE QUOTATIONS

HONG KONG STOCK EXCHANGE.

Buyer Bew Sales Nomine

$1,7501

£130

£141

SHAREBROKERS"

ASSOCIATION.

MONDAY. JUNE 18.

Bellara Baytre

Balos

Ei

Banks

immu

H.K. Bauke

Do. (London) «{ Chartered Banks....

£24 Mercantile Bks.""

Bank of East Asia... 598

N, C. & 8. Barks... Am. O. Fin, Corp: 8.

Do.

Insurances

$7.20

נד

HONG KONG DAILY PRESS, TUESDAY, JUNE 20, 1933.

MONEY AND

SPINNERS

JAPANESE COTTON

31,730

2131 £24

$295 $2.40

$390 3250

£9

188

$20 $5.40 Ch. Fin. Corp. Ord. 35.00

Do

Prof. 8

***

$300

Canton Insurance.

to

$2.40

Underwriters

$530

Union Insurances ... #626.

$595

China Fires.......

3130

H.K. Fires

$42.

International Assece. 9.

Shipping

JJ

132)

Douglases

Steamboats ndi

$34 $22

530

Indos (pref.)

830

832

Do. (def.)

$30

47/K

·Shella****

49/.

$10

Waterboats

$15

Mining

$93

Venezuela Gold Fldu. 35

33/9

Kailans

$17

121

810

29 +16.

Benguets... LAKINI

3128

(single) B.

Explorations...... S. Shanghai Loans e.

Raubs

Tronoh Mines **** Benguet Explorationa Docks, Wharv03,

Godowns, sto.

H.K. & K. Wharree,

TRADE MISSION OFF TO SOUTH AND CENTRAL

AMERICA

MARKETS

LONDON STOCK

EXCHANGE “UNTHINKABLE”.

NO WOMEN MEMBERS

Inquiry for a reason governing announcement that a woman Japanese cotton spinners, who an have incurred a serious blow from would not possibly be a member of the abrogation of commercial trea- the Stock Exchange has brought ties by British India and British the reply that feminine memberhip West Africa and the radical ta is unthinkable." But apparently crease of import duties in China, this unthinkable" tapio is to be are now seriously studying the mea nuaued by a woman who wishes to sures to tide over the crisis.

become a member of the Bradford As regards their raarket in In-Stock Exchange-and in any case dia, these spinners will of course the word "unthinkable" is a dan- do their utmost for its retention, gerous one in this commection. In | when Auglo-Japanese trade con- the two centuries and a half since versations are hold, or whenever the dealings in stocks began, many opportunity offers for diplomatie strange things have happened to negotiations. Considering the restock brokers and jobbers. cent attitude of the British Gor most successful and least scrupulous erament and private interests, bow of the original dealers were, 334ever, they are unable to entertain

any optimistic view as to the even. Macaulay assures 18, "meu in sad- 23/ tual outcome of the proposed trade roloured clothes and lank hair, men 17.20 parleys. As for the Chinese mar who called cards the Devil's books,

a sin and a' ket, as the new tariff is prohibitive, men who thought it they may ask the Government for scandal to win or lose twopence over : negotiations with the Chiness Gov-a backgammon board." The first erminent for a modification,

of many plays showing dealers in shares on the stage was Shadwell's New Markets.

"Stock jobbers," produced in the! winter of 1002 with the jobbers in full Puritan costume.

4.

39.60 12/-

$3.99

$15

Providents (old)

$3,50

$4

$1.40

Do. (new)... 91 40

H.K. & W. Docks

$10

S. China Motors A'

$17 38

Do.

"B

$8

18.

31481 Shanghai Docks S.

New EngineeringsB.

Hongkow .........

Lands, Hotels, and

$8

#33

2

Buildings

$7.00

H.K. Hotels.

37

$76

H.K Lands.........8. 178

$32

Shanghai Lande...S.

$14

Metropolitan Lande..

38

H.K. itealties........

$144

Chi Do

8.

3137

"Do. Debenturos3.

$131

Humphreys

$13)

$140

Asia Realties "A'S.

Do.

Chinese Estates......

$20 $7

Cotton Mills

Public Utilities

$7.10 $7.05

**

!!!

$149

$8

The

as

the

As measures to overcome the dif- $197 feulty, according to the Asahi, Japanese spinnere have two plans

Who can have imagined then that in mind. The first is to exploit new markels such as Central and stock brokers would becomes for a South America, Fast and South certain flamboyance of costume, for Africa, French Indo-China, the the glossiest of hats and Balkan States, Aden, Arabia, wirst of waistoats and button- Persin and the Philippine Islands holes, as in the Victorian era? They have already decided to send Who would have imagined that the would shudder at "best people" a mission to Central and South América. It is hoped that by the very name of "stock broker " virtue of superior quality and as a synonym of everything loud cheap prices, they will be able to and vulgar; and who, of those who open up these markets and made then shuddered, would have believed #9.00 good the loss of the Indian mar that the Stock Exchang was soon ket, The second plan is to start to become a magnet for younger the manufacture" of as many varie sons of great families? Surely ties of fabrics as possible. They there can be few things that are are to manufacture rayon, staple really unthinkable' where the fibre and wool in addition to cot Stock Exchange is concerned. ton. The Dai Nippon Spinning, the

110

8141

Toyo Spinning and the Kurashiki Spinning already manu- facture rayon at their subsidiary concerns. Such firms as the Kuku- shima Spinning, the Toyoda Spin- ning and the Kinkwn Spinning have already established rayon com- 321.85 panies. The Dai Nippon Spinning Company has sent engineers to Germany for the study of the staple fibre industry. It is generally be- lieved here that the only, opening for Japanese cotton spinners is to manufacture mixed goods.

$144

Expe

S. $14.40

8100

B'bai Cottons........

814

Foong Sings

S

807

Wing On Textiles(S) $97

$21.65

Tramways

Poak Trams (old)...

171

Do. (new)...

$71

$:2

Star Ferries

$921

$284

Yaquti Ferries

$28

$13

China Lights (old).....] §,£ 90

}{}}

Do.

(new)...

$12

$73

H.K. Electrica ................ #72)

*

193

Macao do.

#104

Sandakan Lights ...!

$29

$11 China Buses

S.

16

Tractions

13.

34%

idan mung

$7.05

$29.60 Telephones...................

Do. (pref.).

Industriais

815

Malabon Sagara

$20 Caldbeck, Yori.) 8.)

Macgregors(pref.)S.

$16

$6

Canton Ices

Cements (comb.)...

***

$0.40

Do

..(old)...

Do,

(09)...

$9

Kopen

Miscellaneous

1271 Dairy Farras

Constructions, (old}}

Do.

Mackintosha......................

Nanyang Tobacco...

Sinceros...mayudraatar

515

$7.85

$12

Future Trade..

As regards future trade with old markets, Japanese spinners are na- turally pessimistic, though they ex- pect some extra trade in Manchu kuo and the South Seas. The Sino- Japanese truce has provided a pay- chological stimulus, but so far there hae not been any real increase in trade. The recent tariff increases

evidently randers new business prohibitive. Furthermore, Shang- hai goods are much cheaper than those produced in Japan, and buyers in Tientsin and other towns in North China will naturally, go to Shanghai. Japanese traders hopt 127,68 that the Government will induce the Chinese Government to effect a reduction in the new tariff.

Der A Wings.

1173

Amusementa

$12

Ch. Etainmenta.......

$127 $11 $4

11

(DOT)

90 cts

84.85

Lane Crawfordà...... $43

$21

914

$10

Watsona

32.10

Wm. Powells......................

$10

M. Greyhounds.....

381

C. Enterprises

13

United Theatres„,.8.

70%.

***

ez div. $185

B. Ind. G. Bonds...) 744*},

H.K. Gort Louns.....} $103)

Wallace Harper......

China Sports Ltd....

B.K. Wing Os...... S'hai Do

$165

SIA $13,80 181

$1,50

ទ

$190

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 Agenta

John H. Ferguson & Co.

32, B. C. Shameen.

Tel. 18624

*

EXCHANGE

CLOSING QUOTATIONS

June 19, 1933

ON LONDON:-

Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months'

sight

Credits,

sight

ON NEW YORK:----

!

months'

1:7

1/

Bank Billa, on demand 2 nm Credits, 60 days' sight.. nom

ON PARIS:-

Bank Bills, on demand i t Credits, 4 monthe' sight 40 ON INDIA:

Telegraphic Transter...) Bank, on demand....... ON SHANGHAI:--

On Demand ON Kost:

On demand ON MANILA:---

On demand Ox SINGAPORE:-

On demand ON BATAVIA ---

On demand

SAIGON:-

On demand

Ox BANGKOK :-

140

107

5 no

.. 5

61

133

1/52

· 18 116

On demand........ SOVEREIGNS, Bank Buying

Rate

BAR SILVER, par DE

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS

Except for a few odds and ends here and there, mostly for the and- justment of the forthcoming Settle ment, hardly any business worth mentioning was put through to day, but rates remained more or less unchanged.

1.

Sales,

Union Insurances, 8830/535. H. K. Steambouts, $15. Cements (Combined), 87.65.

Buyers,

Hong Kong Banks, $1,750. Douglases, 86RĄ.

Venz: Goldfields, 843.

Benguet Explorations, 20 cents. Docks, $161.

Providents (Old), $3,90. Hotels, 86.93. Humphreys, 813,60, Ewo Cottons, Sh. $14 Tramways, $21,65. Star Ferries, 802. China Lights (Old), $13. Electrics, 873.

Govt. Loans, 3 per cent. Prem.'

Sellers.

Wallace Harpers, 88.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.. REPORT

Roza Bros. have forwarded us the following exchange market re port for yesterday:-

Silver prices dropped 3/16 nver the week-end for both deliveries, the quotations being 10 1/16 for Ready and 19 for Forward, Eilver advices attributed the drop to want of support. Other advices, reported the Continent as having sold. Speculators bought at the decline, The tone was uncertain at the In America the rate was close. lower at 35 for Spot.

New York advices reported the opening rate at 4.07 and the clos ing rate 4,073. The market wis quiet.

Market.

Quiet, the robust,

undertone

Starting.

ן

was not

There were sellers after the open- ing at 1/4 31/32, buyer bidding 1/5 but" the buying rate soon receded to 1/4 13/18 at which rate businers was done for September delivery followed by a small transaction at 1/4 July. The market closed ai lunch time with sellers at 1/4 27/32 June/July, 1/4 August and 1/4 29/32 September, buyers at 1/18 higher respectively,

Gold Dollara,

Business was done early in the morning at 284 for July followed by

There has been a marked improve ment in trade with Manchukuo. In the past week, as a matter of fact, Japanese traders here cold about 15,000 piculs for June-July delivery. There is still a rush of orders. In the South Seas mar- ket there has been a sharp drap in the stock holding, particularly terested: The market quotation, na small transaction at 28 9/16-July. finished goods, and dealers there India for silket is Y20 to Y30 lower have been sending inquiries con- than that in Japan. There is little tinuously. Business is, however, hope of revival of trade in that still limited to small lots.

direction, at least for some time to come. Japanese traders expect grea ter difficulties in the Near East.. Egypt has effected a sharp increase

The market closed with sellers at 28 June/July and 28 August, buyers at higher respectively.

president liners

Call 1,59 1,000

Weekly Sailings Transpacific

To San Francisco, Los Angeles & New York

via Panama Fortnightly mailings on Wednesdays Pres, Coolidge........ June 91,' I am. Pres. Taft.....

...Joly s Pres. Hoover .....

...... July 19 Pres, Grantsustent ....Aug. 2 Pres. Coolidge...mmm...A¤g. 16- Pres. McKinley ................................Aug. 30

To Seattle and

Victoria

Fortnightly sailings on Saturdays Pres. Cleveland ....... *•·

....June.24 Pren. Jackson............................... Pres. Jefferson....... Pres. Cleveland Pres. Jackson

July 8 July 22

...Aug. 12

Aug. 26

ROUND TRIP FARES TO EUROPE & AMERICA.

Direct Sposial through rates to Europe via" United States,

Uhoice of rall lines moross connections with all Atlantis lines. United States and Canada, liberal top-over privileges for Sight-seeing. Full partielare upon application.

| Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Buen Canal, Alexandria, Naples, Genoa, Marseilles, New York and Boston,

Pres. Harrison

Pres. Bayes............................

Prer. Fierce..

TO

Next Sailing..

8am.

8 m.

...June 24.

Pres. Monroe.....

July 8

Pres. Van Buren

Abg. 5 Aug. 19

Jaly 29

MANILA

....Pres. Harrison June 24,8 a.m.

Pres. Jackson

--- June 27 Fres. Taft.............June 20 Pres. Hayes... daly 9. Pres. Hooverly! Pree. Jefferson .............................July 15

Pres. Pierce............ July 22 Pres. Grant...July 15 Pres. Monroe................................. Aug. 5 Pros Cleveland.....Aug. 5

Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDER BUILDING-HONGKONG.

CANTON BRANCH, SHAKER ROAD,

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.).

Tel. 28380 Gloucester Building,Room 306.

[RKOTEE'S AMERICAN SERVICK

New York: June 17. Dow Jones Averages:

30 Industrials

20" Reils

20 Utilities.

"40 Bonds

88.78 41.30.

High-1839 Low: June 14. June 18. Change

41.22 89.22 13.23 41.17 41.67 .30 up

90.23 1,01 up

36.11

.36 up

83.96

11 up

18.63 33.03. 39,30 65.78 84.07: 84.18

Asia Lande, Limited, has received the following report from their Now 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 brosk after the news of the Process Tax, which reduces the acreage, starting from 1934, 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 décision on the process tax has been postponed until next week. On the probability that it will be around four beats, 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.

י

LAST SALE

Drv. $ 1932 HIGH Low PER. SH

84

June 16. Junie 17.

307

3.0 Air Reduction

$781

$791

122-

42

6.00 Allied Chemical & Dye .....

1192

1121

96

39.

4.00 American Canon

87+

69.

37

American Smelting...

30

301

137

701

9.00 American Tel, & Tel.-

1201

1234

021

44

5.00 American Tobacco "B?

85

400

11

1.00 American Waterworks

35

198

3

Anaconda Copper Mining

14

142

151

281

2.00 Auburn

57

581

18

41

Bendix Aviation

15

15%

434

18

1.60 Borden Company **

337

337

71

Canadian Pacific

148

14

88

∙103

J. I. Case

77

781

22

0.30 Caterpillar Co.

201

477

179.

2.00 Chase National Bank

20 bick xd. 30th

264

5

1.00 Chrysler Motors

...

261 28

68

315

3.40 Consolidated Gas of NY.

57

You.

Curtiss, Wright

23

3.00 Drugs, Inc,

Merchants were quoted at 1113

29

2.00 Du Pont de Nemours

728

877

3.00 Eastman Kodak

322

Electric Autolite

Shanghai Dollars,

6%s Electric Bond & Share

1327:

Electric Power and Light...

16

'Vere quoted at 110 13/16. for near delivery. Kare

Shanghai.

280

50.40 General Electric

1.60 General Foods

401

28

1.00 General Motors ...

264

24+

10%

1. Gillette. Safety

141

14

1:20 Gold Dust

240-

418

0.60 International Harvester .....

112 bid 112 bid!

Sub.

154 15

201

34

95

4.90 Liggett & Myers "B"

98

B9

1.00 Loew's: 140.7 hany

37

21

254

67

20%

2.80 National Biscuit bre

521 xd 834

64]

187

1.00 National City Bank

844 bid 301 bid

10

120 National Dairy Products

20 xd 201

0.60 Otis Elevator......

ID

10h

177

2:00. "Pacific Gas & Electrio;........

Packard Motor ...

5721

.6

0:50 Pennsylvania Hailway

Radio Corpn.......

As regards the Indian market, in anticipation of tariff increases after October, business for ship- ment after August is nil, The anty in import duties, rendering ordin-for near delivery. business is that for sheeting in ary cloth prohibitive. A similar which Calcutta merchants are in- increase "for heavy weights is im

(Continued on next Oglumn) minent.

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, ETC. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.

Excellent Passenger Accommodation

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

The East Asiatic Co., Ltd The Chinese American Shipping

Agente:

JOHN MANNERS & CO.LTD.

Company

HONG SLING

Office: MERGANTILE BANK BUILDING (207) 31002), 7, QUEES'T BB. Cur

Taxxeneme: | 24071.

Early advices indicated business done at 1/3 3/10 for June. sequent advices indicated the mar ket as being a shade steadier with busincas done at 1/31 August, “. The market reacted in the after- noon, the tone at the close was steady to firm,

Sterling.

Business was done shortly after the opening at 1/4 98/92 Jily fcl lowed by transactions” at 1,5 Sept- ember and 1/4 15/16 second half July, Towards the close 1/5 was also done for last week of August. The market closed with sellers at: 1/4 16/16 June/July, 1/4 31/32 August and 1/5 September, buyers at 1/16 higher respectively.

**ges,,^ (Preferred)

International Tel. & Tel.

Montgomery Ward

Sears Roebuck

1.00 Standard-Branda

Standard? Guðlau

1.00 Standard Oil Co.

31 32+

New

Jersey

Bocony Vacuum Corpn. A.. -2.00 Texas Corporation

Trans-America

-10

-350 10

·21

211

..

"Hold" Dollars,

112

6.00 Union Pacifo

251

United Air and Transp?

Business was done at 281 for July delivery, finishing with sellers at 98 19/10 June, 287 July, and 29 August, buyera at 1/8 higher respectively.

0.40 United. Corporation,

58

482

1.00 Union Carbide & Carbón

United State ELL