1933-07-20 — Page 20

DAILY SHARE QUOTATIONS

HỒNG KONG STOCK

Buyers Collar

EXCHANGE.

مواعظ

SHAREBROKERS'

ASSOCIATION.

Salon

Namiest

WEDNESDAY. JULY 19.

Baywa

."

Banks

$1,760 H. Banks

£132

Da. (London) ***

£15

Chartered Banks ---

2241

Mercantile Bk. “A

EDI

Do.

3101

Bank of East Asia... $101

N. O. & 8. Banka"...

$90

Am. O. Fin. Corp: 8.

$300

**

3200

$1.40

25.00

$5.40 Ch. Fin. Corp. Ord. 8.

Do. ProL B

Insurances

"Canton InsurAD GÖR ......

Underwriters ******

Union Insurances .....) #145.

China. Eires

"H.K. Fires...center

$41 International Arsch, S.

$9.40

3545

1595

$1.45

****

Ž

Terre

!!!!!

insحسن لا

1

HONG KONG DAILY PRESS, THURSDAY, JULY 20, 1933

MONEY AND MARKETS

U.S. INVESTMENTS HONG KONG STOCK

$1,760

***

Railroads

-

414

**

$310 32.40

$59 $269

531

$30

$10

62/

Shipping

$31.60 Douglanes

$18

Steamboats

$30

Indos (pret.)

1924

Do. (def.)"

64.43

Shells

110

Waterhasta

Mining

$27

Benguet.......ŠATORY

$30

25

Venezuela Gold Fids. $4.86

Kailan

32/6

$18 Langkata (single) B.

25/

34

Explorations.......

$16

24

$6.40

$6

$102

'

Shanghai Loans 2.

Raabs

Tronoh Mines ......

28 cts. Benguet Explorations

Docks, WharvOS,

Godowns, etc.

$9.80

19.

3129

H.K. & K. Wharros

$1261

A

IM

2385

Providents (old) ́ ́:..{

$3.50 $3.85

**

816

10

-İS--

$8.

36

+

$7,

4310

"B"

ang

87-90

T

+

Do. “(new) ... 31 40 H.K. & W. Docks

S. China Motors A

Do.

$150 Shanghai Docka S.

New Engineerings. Hongkowski. Lands, Hotels, and Buildings

H.K. Hotels ******** | H.K Landa........... Shanghai Land.8. Metropolitan Lands..

H.K. Realties...mem Chin Do.......

• Do. Debentures S.

$72

Hamphreys ****|* $50,40)|

Asia Resities "A" §.

Chiness Estates

Cotton Mila

$15,20 Evos

$109] Bhai Cottone................

8141 Zoong Sings

$01

Wing On Textiles(S.)

Public Utiliting

Tramways

++

$32 $14

$8.10

$15.

$137

$14

New Asia Hotel ...

$140

$20

Do,

"B" S.

$7

Li

Star Ferries....... $841

Yaumati Ferries |

China Lighta (old)...| $13 {

Do. (DOW)... $12.40

HK. Electrica ...... $734

$13.15

23.20 50

$23.20

3134

Posk Teamnă (old) ..........

#7]

D

(new)...

મને

$98

$951

$19.00

$13

$12.40

$731

...: 74/738

$23

Macao do

F104

Sandakan Lights ..!

1311

Telephones...

$11

China Buses......$.

21-

Tractions essievor

Do. (pref).

Industrials

Malabon Bugar...

(old)...

Canton Ives me Cements (comb.)...

Do.

Do. (new) Воро

Miscellaneous

Dairy Farms ................. $28)

Der A Wingarumu

Amusementara

Constructions, (old)

Lane Crawfords..... $9.15

Nanyang Tobacco...

៖ គឺ ៖

$150

$771

$14

$15.10

$169

***

$90

$18 $71

$23

$13

BY ASIA LANDS, LIMITED

July 8-Aided by the double stimulus of expanded railroad traf fic and earnings and constructive legislation, rail stocks have partici pated actively in the recent market decisively and have upswing,

the broken

resistanco through levels formed by the 1932 tops The major present uncertainty is the apparent necessity for addi- tional reorganizations of certain of the carriers, and conservative in.. vestment policy at this time dic tates the weeding out of equity holdings in such situations. At the same time, continued retention of the in commitments existing sounder shares is amply warrant. ed, and gradual accumulation, ià favourable markets, of recommend. ed issues is still advisable.

Roads holding strongest position by reason of earnings or financial condition, or both, the continued financial integrity of which in 1933 "is unquestioned:

Alabama Great Southern.

Atchison, Topeka' and Santa Fe. Atlantic Coast Line.

Bangor and Aroostock.

Central RR of N.J.

Chesapeake and Ohio.

Chic Burlington and Quincy. Cincinnati, N.O. and. T.P. Clinchfield"

Colorado and Southern.

Denver and Salt Lake..

Delaware and Hudson. Hudson and Manhattan... Kansas City Southern. Long Island.

Louisville and Nashville. Missouri-Kansas-Texas... Nash, Chatt, and St. L. N.Y., Ontario and West. Norfolk and Western.. Northern Pacific. Pennsylvania."

Pitts. and Lake Erie. Reading.

Texas and Pacific.

Union Pacific.

Virginian

Western Maryland." Wheeling and Lake Erie. Roads in intermediary positions and possessing possibilities for ulti- mate recuperation, but which are in a weakened situation because of im- minent maturities, large outstand ing loans and/or unsatisfactory earning power:

Group A (best possibilities): Alton.

Baltimore and Ohio.

Boston and Maine.

|$31.90 $31,20

Del., Lack. and Western.

Illinois Central.

N.Y. Central..

gun! URU

N.Y., N.H. and H.

Rutland.

Southern Pacific..

Group B (intermediate possibili-

Chicago Gt. Western.

JIK

ties):

$6

C.M. St. P. and Pac.

Erie C. St.

35:

Great Northera

Lehigh Valley.

Maine Central.

N.Y., Susque. and Weat.

Pere Marquette. Pitts. and West Va,

Southern Railway.

Group C (poorest possibilities):

Chic, Ind. and Louis.

$16

320

Caldbeck, Yord.) 8.

316

Macgregers pref.)8.

36

$6.20

#1

18

$21

$151

Ch. Etainments...........

$3.90

Leota

Do..

(new)

$4.90

$21

Mackintosh

$14

Binceres ******

12:10

Wi. Poweller

310

Bl. Greyhounds.......

$3)

B. C. Enterprison

And

H

United Theatres... 8.

70.

B. Int. G. Bonds... 80′%.

(Aasan|tad)

FLE, Gort: Lount,..) #104;

Wallace Harper ....

"Ann Arbor.

$180

#190

RK Wing On

S'hai

Do

H

$19

811

$4

86 cta

喜爱

$13.80

301

$1,50

Asia Lands Limited

Gloucester Building

Tel. 288801

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. Shameon.

Tel 18824

Chic, and N. Western.

P., Mium and Omaha.

D. and R.G. Western.

Detroit and Mackinac

Dal., So. Shore tod A. Gulf, Mobile and North, Minn., St. P. and 88M. "N.Y., Chic, and St. L.

St. L. and So. Western."

Western Pacific.'

Roads operated by Receivers

Trustees:

Central of Georgia.

Chic and E. III.

C.R.I. and P.

Florida East Coast

Int'l, Gt. Northern.-

Minneapolis and St. Louis. Missouri Pacific,

Mobile and Ohio.

New Orleans Gt. North. N.O., Tex. and Mexico. Norfolk Southern.

St: L-San Francisco. Seaboard Air Line.

Wabash.

Wisconsin Central:

Hailroad Equipment Equities.

MARKET

YESTERDAY'S OFFICIAL

» QUOTATIONS.

also

There was no indication of any material change this morning, it being a Wednesday short session,

The Utilities, however, as Insurances and Hkg. Landa hava continued to

maintain & Arm undertone, and not easily procur able at the official quotations.

Sales.

Union Insurances, $545, Providents (New), $145. Hong Kong Trams, $23.20/931. Yaumati Ferries. $25). China Lights (Old), $13. Electrics. $74/734. Telephones, 831). Dairy Farms, BiSH. Lape, Crawfords, $4.20.

Buyers.

Bank of East Asia, $101. Canton Insurances, $300. F.K. Fire Insurances, $200. Providents (New), $1.40. Hotels, $71.

Hong Kong Lands, $771. Hong Kong Trams, 3.15. Star Ferries, 804) Yaumati Ferrica. China Lights (Old), $12.8% China Lights (New), #18.40. Electrics, $734.

98.

Cements (Combined), 88.20. Dairy Farms, $20,

Watsons, #9.

PREFERENCE IN F.M.S.

Official Report Of First Year's Work

GRAVE FALL IN TRADE FIGURES

The report of the Commissioner of Trade and Customs for F.M.S.. the Hon. Mr. W. E. Pepys states that the year 1932 witnessed general shrinkage of the trade of practically the whole world, and of the the "value of the trade Federated Malay. States declined to 60 per cent. of that recorded for the previous year...

. The

majority of commodity prices have also fallen and current market quotations for many pro ducts are below the cost of produc- tion. Until better prices prevail for the tin, rubber another pro- ducts exported from these States, there can be no real improvement in local trading conditions.

The exports and re-exports dur- ing 1932 have fallen in value to 888 millione, about a fifth of the value of the exports recorded in 1928 are lower than in any year since 1909, while the valus of im-

Gort. Loaca, 4% Prem. (Assent ports has fallen to $71 millions the

ed)..

Sellers. Underwriters, $2.40.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS... REPORT

Messrs. Roza Bros. have for- warded us the following exchange market report for yesterday:

Silver prices rose 1/16 yesterday for both deliveries, the quotations being 181 for Ready and 18% for Forward. Silver advices reported speculatores as having bought. America also bought. The tone at the close was steady. In America the rate was higher at 40 13/10 for near delivery. The market was firm,

New York advices reported the opening rate at 4.824 and the clos- ing rate at 4.84).

Market. Uncertain at the opening but later eased off and towards the close reacted slightly. Sterling.

lowest since 1915.

Tin, Rubber and dopra.

The price of tin varied from #52.97 to $81.75 with an aver g of 888.73 per picul. The price of rubber raried from 5 cents to 10) cents with an average of 7 cents per pound. The price of copra- varied from 85.10 per picul to 87 per picul with an average price f $5.78 per picul. Rubber was in 1832 about 45" per cent of the In 1931 the figure Whole export. was 46 per cent. and in 1990 it was

64 per cent.

"Oil Palm Increase.

The production of oily impro. ducts show an increase, in volume. The exports of oil, were 620 ns, f of kernel 1 72 tone, agis 4,177 tons and 841 tons respectively last year. The London

which were £20 178. ed. and £11 hs. per ton at the close of the year 1931 rose to £21 78. 6d: and £13 12s. 6d. in February but fell in June to £15 and £10 78. 6d. There was an improvement later and at the close of the year the prices were £15 and £11 k

The export of tinned pineapples from the Klang factories increased The market opened with sellers from 4,843 tons to 8,151 tons, the at 1/5 9/18, buyers bidding 1/5 increase in both quantity and but business was soon done at 1/5 value, being nearly 70 per cent. 9/16 for near delivery followed by Other local manufacturing indus transactions at 1/5 17/38 for July tries shew little or no advance August and 1/5 for July/August, over 1931 Export of local rub- Later 1/6 7/16 was also arranged ber manufactures dropped from for, August delivery. The market

closed with sellers at 1/57/18 $244,000 in 18al to #169,000 in 1933. The export trade in dried and July/August and 3/5 15/38 Sep-salt Ash increased by 9 per cent. tember, buyers at 1/32 higher ren-in volume without an appreciable pectively.

change in value.

Gold Dollars.

The market opened with sellers at 35, buyers bidding 354 for near leading to business at 30 October, 38) October, 36 Beptember and 353 August. The market then eased off and business was done at 354 for cash and 359/16 and 35 for near. The market closed with sellers at "a5 July 35 9/16 August and 55 11/16 September, buyers at 1/2 or higher respectively.

The most attractive media for participation in the favourable long term prospect of, this industry in- clude:

Amer. Car and Foundry.

Amer. Locomotive.

Amer. Steel Foundries.

Amer, Brake Shoe.

Gen Amer. Trans.

Westinghouse Air Brake,

From Standard Trade and Securities"

Shanghai.

Early advice indicated sellera at 1/311/16 but later the market eased off to 1/37/16. Towards the close the market reacted, slightly and sellers came out again at 1/3) for near, bayern 1/58/16-July

Preferential duties were first in- troduced in the Federated Malay States in March, 1932 and were greatly augmented in October, 1932, owing to the Ottawa. Agree menta.

No extra staff was engaged to cope with the increased work in March, but the volume of work arising out of the Ottawa and other duties imposed, in October necessI – tated an increase of staff of sight Merchants were quoted at 1183 clerks and 23 outdoor cacera. Re- for near delivery,

Yen.

Shanghai Dollars,

Were quoted at 1113 July.

(Continued on previous column)

trenchment during the year includ- od-siz clarka - and 23 outdoor off- cers, so that the nett increase in spite of the many new duties was two, clerks.

PACIFIC ORIENTAL PACIFIC O

MONTHLY CARGO AND PASSENGER SERVICE

M.S. JUTLANDIA" Sailing on or about

FOR SAN FRANCISCO, ETC. 31st JULY

CARGO AND PASSENGERS ACCEPTED FOR SHANGHAI, SAN FRANCISCO, VANCOUVER, SEATTLE, LOS ANGELES, ETC. THEOUGH BILLS OF LADING 188UED TO OVERLAND POINTS.

Excellant Passenger Accommodation

Passenger fare Hongkong/Ban Francisco 68120 (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...

Agent HONG SLING.

Offer MinGaNzIM BANK BUILDING (TOP YL001), 7, QUEEN'S ED., UKRTKAL, Tarazzoni 94071.

***

saif 1,591,000 milu every

Weekly Sailings Transpacific

To San Francisco, Los Angeles & New York

Gia Panama Fortnightly asilings on Wednesdays. Pros. Grankens gån

„Aug. 2, 6 am. Pres. Coolidge......

Ang. 16 Pres. McKinley ........

Ťg. 30 Pres. Hoover Pren, Lincoln

To Seattle and

Victoria

13

Fortnightly sailings on Saturdays Frys. Jefferson July 21, Midnight Pre. Clovaland mới 17 Pros. Jackson ......a à ce mi-Aug. 15° ... Sept. 13

Prez, Jefferson Sept. 8 ***. Bapt. 27

Pros. Cleveland ....

***** Sept. 30 ROUND TRIP FARES" TO EUROPE & AMERICAF

Direct

i

Special through rates to Europe via United States.

Choice of rail lines across connections with all Atlantro lines. United States and Canada, liberal stop-orar privileges for Bighting. Full particulars upon application.

Fortnightly via Suez to Europe & America

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

Pres. Pierce. Pres. Monroe Pres. Van Buren

MANILA

8.

July 23

Pres. Garfeld

g. 5

Pres. Polk

Aug 19

Pres: Adams

TO

July 25 Aug. 5

Aug.

B

Next Sailing

8

Sept. 2

Sept. 16

Sept. 30

Pres. Pierce July 22, 8 a.m.

Frea. Yan Baren

...Aug. 19 Prem. Jackson.Aug. 19. Pres. McKinley.Aug. 21.

Free. Grant.......... Pres. Monroe............................ Pres. Cleveland......... Prea, Coolidge.g. Pros. Garfield

Sept. 2

Connecting with 8.8. MATON To QEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDER BUILDING-HONGKONG.

•}

CANTON BEANCE, SHAKES ROAD.

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG.)

Tel, 28380-Gloucester Building, Room 306.

{REUTER'S " AMERICAN" BESTICK)

New York: July 18. Dow Jones Averages:

30 Industrials

"20 Rails

20 Utilities

-40 Bonds

Low: July 17. July 18 341.22 106.27,

Uhange

108.67

..40 up 55.6353. up.

.05 down

High-1932

108.27

56.53

· 13.23. -- 53.10...........

37.06

19.43 37.66

88.84

05.78 88.84

37.51 89.07

,23 up

Asia Lande, "Limited, has received the following report from their New York e respondents, E. A Pierco & Co. We thinks substantial amoun of profit-taking is under way in the so-called "alcohol" stocks and believe that such profit-taking is entirely logical. We also believe that the whole market is somewhere near the top, at least for the time being, but the market is so broad it can have cross currents and contr ary movements in individual issues for some time to come. Wheat- There was a sharp resotion under heavy realising. Support developed later, with large trading on Canadian reports being sensationally bullish London news was encouraging. Secretary Wallace has announced his intention of affecting acreage curtailment in the coming season. Cotton: The market is narrow, though new highs have been established with purchases by foreign and domestic spinners of new speculative accounta The technical position is good with the strength of Sterling the absence of material rainfall influential factors. Silver: Profit-taking caused a decline following the opening. Later good commission house demand developed, carrying prices upward for the balance of the day. Foreign and Bank selling yas absorbed on the advance. Business Done: 6,590,000 shares.

408"

40%

408

American Smelting..

9.00 American Tél. & Tel. 5.00 American Tobacco B

Anaconda Copper Mining

$1012 $100

· 1932.

Drv. HIGE LOW PIL Sx.

LAST BALK July 17. July 18.

101

3.00 Air Reduction

181

424

8.00 Allied Chemical & Dyp

1297

131

4.00 American Can

94) 95

મ

404

421

131

132

1878.

44

92

11.00 American Waterworks

21t

a

21

1012

281

2.00. Auburp

80

201

41

Bendix Aviation

201

18

1.60 Borden Compsay

200

7:

Canadian Pacific

0.50 Caterpillar Co.

28

2.00 Chase National Bank

347 bid

bid

378

1.00 Chrysler Motora

301

3.40 Consolidated Gas of NY

JI Case

Curtiss Wright.....

3.00 Drugs, Indianantradi

2.00 Da Pont de Nemours .... 3.00 Eastman Kodak w

Electric Auto-Lite-Co.

6%. Electric Bond & Bbare

38

Electric Fower and Light

14

16.

0.40 General Electric

1.60 General Foods

1.00 General Motors

10 Bumita Bucky ve

20

33

20+

30%

201

96

371

.182

31)

1.20 Gold Dnst

0.00 International Hafroster

International Tel & Tel.

4404.00 Liggett & Myers “B]

10 Loew 3 120.

Montgomery Ward

2.80 National Biscuit

1.00 National City Bank

1.20 National Dairy Products...

0.00 Otis Elevator.

2.00 Pacific Gas & Electric ...

Packard Motörs

0.50 Pennsylvania Railway?

Radio Corpp...... Bears-Roebuck an

1.00 Standard Brands

Standard: Gad 2 1.00 Standard Oil Co. Bad Jersey

Nocony-Vac Tits

1.00 Texas Corporation Meghan Trans America.....

1.00 Union Carbide & A 6.00 Union Pacific find

United Air and Transp 0.40 United Corporation: -United Stater Steel:

Waitinghound E. íče H

bid

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