1933-06-29 — Page 13

DAILY SHARE QUOTATIONS

HONG KONG STOCK

EXCHANGE.

SHAREBROKERS' ASSOCIATION. -

Buyer Ballere Bala

Nominal

WEDNESDAY, JUNE 28.

Buyer

Bato Balvu Mombra

Banks

HK. Banks******

Da. (London) .....) Chartered Banks Mercantile Bk.. "A"

$1,700

£124 £14

284

£0

$981

N. O. & S. Barks

$20

Do.

Bank of East Asia...

Am. O. Fin.Corp: B

$40 Ch Fin. Corp, Ord. 3. 3500

$1,700

***

$7.20

11!

TUINTH!

398

$995

134

318

330

$30

48/.

318

$349

$4.30

95/-

$16.30 $3.60

Do

Pref. B

Insurancea

நரம்,

1310

Canton Insurance).......

12.40

Underwriters

$2.40

630/32

Union Insurances... $620

TAL

$605

China Fires********

3270

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

$590 $260

International Assco, 9.

•

24+

Shipping

$32.8 Douglases

$18

Steamboats

130

Indos (pref.)

#324

Do. (def.).

Sholls

13/9

$15

Waterboats

**

Mining

$33

$3,85

quum qu⠀

Bengueta..

Venezuels Gold Flas

Kailans

33/9

$181

Explorations.......

Langkats (single)8.

$3

J5+

Shanghai Loans S.

$10

Rsaba

Tronoh Mines

$54 49.80 19/-

128 cls.

Benguet Explorations

Docks, WharvOS,

Godowns, etc.

$128

H.K. & K. Wharven. $128

15.90

Providents (old)

$3.95

$1.45

Do. (new) ...] 31 40°

H.K. & W. Docks

$17

$10

S. China Motors' A

$8

38

Do.

"B"

28

8

$331

$7.00

$784

$149 Shanghai Docks S.

$31 314

$7.85

New EngineeringsS.

Hongkow... Landa, Hotels, and

Buildings

H.K. Hotela H.K Lands

Shanghai Land....B.1 Matropolitan Lands..

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

China Do..........

7.05

$149

***

1

#7.

HONG KONG DAILY PRESS, THURSDAY, JUNE 29, 1933

MONEY AND MARKETS

JAVA SUGAR HONG KONG STOCK|

MARKET

NOT MUCH BUSINESS WITH '

CHINA

MARKET

YESTERDAY'S OFFICIAL QUOTATIONS

The investment section opened Arm this morning, there being a most issues general emand for under this head.

Messrs. Pentreath & Co. have forwarded us the following_report dated June 15 from the Machine Sugar Co., Ltd., Sourabaya:

Terminal Markets:-On balance London is lower by 2fd to 3d. and New York by 15 to 8 points. Dur-weakness, and the pressure ing the period under review bar them continues unabated. They minal markets ruled considerably were forced down as low as set for

improvement easier but an

August, closing, however, slightly shown to-day,

is

Sterling. The dollar having ruled easier has recovered during the last two days to roand, about last week's level whilst sterling has im- proved slightly to-day's Banks' buying rate for drafts at 3 d/s on London being 1.8.474.

Indian markets have remained quietly steady with no outstanding features of interest to report.

China shows signs of coming into. the märket again and minor sales for nearby shipment have been con cluded with Hong Kong at Java parity,

'1

West of Suez markets remained uninterested in Javas until yester day when a small resumption of business was witnessed.

The N.IV.A.S.-Total sales now amount to-

008,837 Tons Superior

5,739 Tons Superior seconde

254,971 Tons Browns

14,508 Tone Molasses

which shows an increase of

14,168 Tona Superior

3,969 Tons Browns.

In a dull market we quote" as Follows:-

F. C. Java

Whites Brown

June/August shipment:-

2.04

C.L.F. Shanghai,

2141

(per 100 Kgs.)

1.6.80 1.6.23

3137

Do. Debenturea,

C.1.F. Hong Kong

314

$14

Humphrey.

(per pical)

4.4.11 1.3.77

$140

Asia Realties

8.

·390

$17

3T4.70

Do. "B" 8.

Chincas Estates.....

Cotton Mills Ewos

$109 Shai Cottons...S. 814) Zoang Singe... S. 198 Wing On Textiles(8.) 198 Public Utilities

Tramways***

8. $14,60

!!!!

110

8141

"

IDLE CAPITAL JAPAN

BANK DEPOSITS SHOW FURTHER INCREASE ·

Tokyo. The banking statistice for May, now released by the Tokyo Clearing House, again fully de-

which

Weekly Sailings Transpacific

REDUCED ROUND TRIP FARES

Cements again displayed further morsial banks, Jarge and small, On Sale from JUNE 1st

better +-

: Salos.

Hong Kong Banks, $1,750." Canton Insurances, $310. Union Insurances, $5307532. Benguet Explorations, 99 cents. Telephones, $994/29.80. Dairy Farms, $99. Lane, Crawfords, $4.55/4.00,

Buyers.

Tenz: Goldfields, #3). Docks, 818. Providents (Old), $3.83. Hötela, $7.05.

Hong Kong Larids, #78), Ewo Cottoas. Sh. $14,70. Hong Kong Trams, $214, Star Ferries, $92. Electrics, $73). Telephones, $29.80. Dairy Farms. - #271- Govt. Loans, 34% Prem.

Sellers.

Providents (Old); $3.95. Telephones, $30. Cements (Combined), #6). Watsons, $10.

Lane, Crawfords, $4.70.

on

town a encing n

"ovincial, are expori- adays in the employment of their funds. Deposits show an- other sharp increase, while advan ces indicate a further fall. Secur ities in their possession continue

to mount.

A considerable sum of money bas been, and is being, diverted by the Government in the form of various payments, bus with the economie depression still acutely felt in many phases of industry, the de mand for fresh funds is very small. The money then goes to banks, and is glutted there, Another remark- able fact is that, taking advantage of the easy money market, many industrialists issue debentures and return their obligations to banks. The only outlet which banks can seek to-day is investment in bonds. and other securities. It is expect ed that the above situation will rander it imperative for banks to effect reduction in interest on de- posits after July,

Aggregate deposits, according to the statistics, were Y6,232,975,000, an increase of Y146,948,000 over April and Y709,722,000 over a year ago. This is the highest on record. Advances, on the other hand, total. led Y4,931 823,000 a decrease of Y87,859,000 from April Y293,482,000 from a year ago. This total is the smallest since January

and

LONDON EXCHANGE 1993. Securities in possession were

RATES

[BRITISH WIRELESS SERVICE.]

Roary, June 27.` *****88.10/32

****.4.95

4.681

24.36

Paris....

New York

Montreal

Brussels

Geneva

17.661

Amsterdam

***** 19.59€

049/16

*** 34,373

Stockholm................ Copenlagen.

19.43

22.49

Over

OF

increase T3,448,577,000, in Y102,478,000

April and ¥624,738,000 over a year ago. W

The excess of deposits over ad- vances was thereforo Y.1,301,152,000 an increase of Y.214,804,000 over a month before. It is noteworthy that this excess of deposits over ad vances is common throughout the country.

to

JULY 31st

With Return Limit to

September 30th

Hong Kong to Honolula and Return Victoris and Return Vancouver and Return Seattle and Return... San Francisco and Return·. Los Angeles and Retur

First Class Tourist Class

G$ 860

G$ 196

G8 432

08.240

G$ 492

G$ 240

G8 432

G$ 240

·G8450.-

G$ 240

GB 450

G$ 246

Apply for further particulars.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDER BUILDING-HONGKONG,

CANTON BRANCH:—4, SHAKER BOAD.

NEW YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.)...

Tel. 28380-Gloucester Building, Room 366.

{BEUTER'S - AMERICAN SERVICE; } /

New York: Juno 27. Dow Jones Averages:

30 Industriais

20 Rails

-20 Utilities

:40 Bands

High-1932 Low: June 26.

June 27: Change 98.74 25 up

98.49

41.22 08.48

45.46

13.28 40.46

47.07 1.81 op

38.71

16.50 35.20

.28 up

85.51.

€6.78 85.51.

$214

$181

$74

Poak Trams (old) ..:)

Do. (new)...

123% 135

374

Star Ferries....... $92)

$92

1984 Yaumati Ferries

113.35 China Lights (old)..; 813.10

#12)

Do.

(DOW)...

$731

H.K. Electrica *****

$23

Macao do.

$106

Bandakan Lights .....:

$29.20 $30

$291/80

Telephones....

B11

China Buses.

B.

1/

Tractions

13.

Do.

(pref.).....

Industrials

$15

Malabon Sugar'

$80

Caidbeck, ord.) 8.

$18

Macgregors pref.)8.

$6

Canton Tena

Cements (comb.)...

10.60

70

Do.

(old)...

31

Do. (new)...

19:

Ropes.......sənay

Miscellaneous

Dairy Farros ...................... Der A Wing.......................

Amusemente ................

Ch. F'tainmentau Constructions, (old)]

Do.

Lane Crawfords......

Mackintoshsant Nanyang Tobacco... Sinceres vsperousbas

(now)

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.,

REPORT..

Messrs. Roza Bros. have for $284 worded us the following exchange

market report for yesterday :

9734

145

www

$291

$15

$277

$18 $172 34

.00 ata

$42

$4.40

313,80

197

$1.50

$277

$21

$124

12

$3.90

$1

$4.70 34.65/60

$21

$14

$10

Watsons

32.10

Wm. Powell...evenka

$10

M. Greyhounds......

191

B. C. Enterprises

United Theatres ...

75",

B. Ind. G. Bonds... 75%.

917.

$8

$185

B.K Wing On

S'bal

ILK. Bort, Lom...: $102)

Wallace Harper ..................

Chios Sports Ltd...

$155.

"LOCAL, AND REGULAR OUTWARD MAILS,

$190

WERE DATE.

FOR

YROM G.P,0.

Frox SCHUNGWAN [BRANEN P.0.1

Canton ...

Bamahni and Wrehow (By 1.00 pm

direct steanser)

7.15 am,&] ƒ 1,00 mm. 17.00 put. 4,00 p.m.

( 7.15 am, & | 7,30 B..

SUNDAYE & HOLIDAYE

Улож FROM SENTKOWAN G.P.O. BRATOR

PO.

(7,15 am, &} ƒ 7:00 am. & (5,00 pai.

17.00 pm

100 Pu

(8,15

1.15 pm Szadays

1

9.00

Minens & Tuinb

1.16 p..

11.80p.m

1,15 ILMA-

Kongmoon (except Saturdays)

$.00 pm*

8:00p

Kankong (except Baturdays)

Faisham and Wuebow (By))

Train)

7.3158.124

7.15 am

IN PO...

1.00 p.m. €9.00 man. d 18.00p.m.

17,00

9:00

Kkamah un

Cheungchow

·kbandaen

Binley

€ 9,00 km, di

8,00p.m. 1,00p.m. &

Putu

6.00

8,00 sm.*

* 13.80 p.m.

8.30 425,

3.00 pa

430

0,00 p.m. 6.00 pm.

only t

11,00 B

£ 1500 m...

11.00

·8.30.20

10,80 a.m

Baday

only

6,00 p

Silver prices advanced yester day for both deliveries, the quota- tions being 19 1/16 for Ready and 19 3/16 for Forward, The rise was attributed to speculative buying on the part of American speculatora. Indian Bazaars' also bought. The Continent sold. The tone at the close was steady with America still being inclined to buy. In America the rate rise 1 cents to 37 for Spot.

"New York advices" reported the opening rate at 4.23 and the clos- ing rate at 4.29). The highest rate done was 4.30. The market, was erratic,

With the exception of the Shang- hai rate which was unchanged at which 110 and the Bangkok Tate was put down to 133, other rates were put up.

Market,

Milan Berlin

Oslo

Vienna

Madrid

Lisbon

Athens

Prague

Helsingfors

Bucharest

Belgrade

Rio

Buenos Aires Montevideo Bombay... Shanghai Hong Kong

Yokohama

Silver (Spot)

10.804-

ivāli nom.

40.9/32

110

300

114)

225

572)

550

4 nom.

411 O.R.

34 nom.

1/63/64 1/3 6/64 1/49/16 1/3 3/32

19 1/16 Silver (Forward)...... 19 3/18 War Loan 3 per cent. 98 15/16

30 9/16 for near, The market closed with sellers at 30 for near Opened steady but later,essed off and 30 August, buyers at 30 for

cash and 30 11/16 August. alightly following Changhai.

Sterling.

Yen.

Merchants were quoted at 111

There were sellers after the open-for near delivery.

Shanghai Dollars.

Were quoted at 111 for near

Shanghai.-

ing at 1/5, buyers bidding 1/5) bat the buying rate soon receded to 1/5 1/18 resulting in business at that rate for August delivery fol- lowed by transactions at 1/5 1/32 delivery.. July and 1/8 for cash and June," A÷ small transaction was also arranged at 1/4 31/32 July. The market

Erratic, the tone at the close closed with sellers at 1/4 31/32 being easier, Early advices in- June/July and 1/6 August, buyers dicated business done at 1/3 for bidding 1/32 higher respectively.

near but the market subsequently receded to 1/3 5/10 and 1/3 with Gold Dollars.~*

business done at both these rates. Business was reported early in The market closed with sellers at the morning at 301 for August and 1/3 5/16, buyers at 1/31

Asia Lands Limited

Gloucester Building

Tel. 28880

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 Agonir

John H. Ferguson & Co.

32 B. G. Shameen.

Tel 18624

EXCHANGE

CLOSING QUOTATIONS

June 28, 1937,

ON LONDON.

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

sight........ Credits,

Bight

ON NEW YORK:-

months'

..... 18

Bank Billa, on demand 2 nem Credits, 60 days' sight.. nom ON PARIS:-

Bank Bills, on demand (0)

Credits, 4 months' sight 37 ON INDIA:-

Telegraphic Transter... > Baak, on demand

Or Kous:-

ON SINGAPORE (1

35,46 85.8433 up“.

Asla Tanda, Limited, has received the following report from their New York correspondents, EL A. Fiarse & Co. The market ran into a lot of profit-taking this afternoon which we think was well taken and we do not believe that the advance has ended. Wheat: Strong and excited. Weather nows has not improved and rains are needed, Offerings are coming mostly from long selling and are being steadily absorbed. Cotton: The advance attracted heavy realising. The tone is irregular. Demand is insuficient to absorbed offerings, The 'weather is mixed The acreage reduction plan is reported to be meeting with success. Silver: There was an early advance in sympathy with London and Shanghai and a better sentiment generally. Business Done: 5,840,000 shares.

American Smelting..

LAST SALE

1932

Dry,

+21

HIGH

LOW PER. 81.

June 26, June 27.

ON SHANGBAI I---

84

30%

On Demand

1.

120

3.00 Air Reduction 6.00 Allied Chemical; &--Dye,

8972

$80

117

On demand

1 %

96

298

4.00 American Can ...................

92)

37

11342

35

OK MANILA:

On demand

137

701

9.00 American Tel, & Tól.

1200

128

58 11

921

44

6.00 American Tobacco B

SJ 011

On demand Chen 594

401

11

1.00 American Waterworks

37%

ON BATAVIA :——

1

Anaconda. Copper Mining

167

16ź

On demand

1011

281

2.00 Auburn

651

Bendix Aviation

181

161

ON SAIGON:

18

.. 1.60 Borden Company

317

On demand

43

17

17

92

924

133

0.50 Caterpillar Co.

2.00 Chase National Bank.

201 bid 30 bid

1.00 Chrysler Motors

........

3.40 Consolidated Gas of N.Y.

58

39

On Bangkok:

On demand SOYKELIONS, Bank Buying

Rate BAR SILVER, per os

19 1 14

OIL FROM SHALE

Canadian Pacific

J. I Case

Curtiss Wright

3.00 Drugs, Inc. ................

3200 Du Pont de Nemours S

3.00 Eastman Kodak

Electric Auto-Lite Co.

Electric Power and Li

23

83)

877.

301

321

81

"NEW SECRET PROCESS IN

FRANCE

.6% Electric Bond & SharS

21

-0.40 General Electric

401

194

1.60 General Foods

1.00 General Motors...

28

-241

418

111

201

.95

PARIS, June 1,

A British group of business men representing interests in England, Canada and Australia has just suc comsfully concluded negotiations which have lasted over a year here with a French group owning a new secret process for extracting, oils from shale, lignite and residual. oile

It is claimed that yields of petrol were obtained in the presence of British engineers, accompanied by Mr. C. H. Vons representing the Australian Government, in the plant erected near Paris to experi ment with the process. The process. itself has been evolved by a French chemist after twenty-six years' work in the laboratory. A

The Australian Government, al though not a party to the negotia tions, is being kept informed of, the results of the experiments.

In the preliminary testa it ia claimed that petroleum extracted, from New South Wales shale yield- ed well over 80 per cent." (the per centage hitherto recovered has been between 20 and 50 per cent) and that gasolene and petroleum from Tasmanian shalë gave över 70 per

1.00 Gillette Safety

81 1.20 Gold Dust

30.00 International Harvester

[7.00

International Tel. &

4.00 Liggett & Myers“ B'

1.00 Loew's inc.

Montgomery Ward

400 National City Bank ..................

2.60 National Biscuit

847

#12

1.29 National Dairy Products

0.60. Ofis Elevator ...............

·24

37

112

2.00 Pacific Gas & Electric 201

Packard Motors".

#v0.30 Pennsylvania. Hailway'

-- ~ Radio: Corps:

Seara Roebuck

1.00 Standard Brands Standard Gag:30

1:00 Standard Oil Co.

Boconyacuum 1.00 Texas: Corpors

Trano-America Lon Union Carbide- 48.00 Union Pacifié)

4 United Air and 0.46 United Corpore

United States Ste Westinghouse.