DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS' ASSOCIATION.
Buyer Badem
Gains Nogaina)
THURSDAY. JULY 20.
Hayden Ballies
Bales Founda
$1.7601
$101
AMU⠀
$310
32.40
Banks
$1,700
the
F.K. Banks ka
2133
Do. (London)...
2158
Chartered Banks ....
824
Mercantile Bks."
"A"
મ
Do.
Bank of East Atis...
$101
N. O. & S. Bark. ---
120
Am. O. Fin. Corp: B
$5624) $5624) 3000
$260-
THE
++
Li
ܐ ܃ ܃ ܃ ܃ ܃ ܂
#6,40 Ch Fia, Corp. Ord. 8. 3500
Do. Pref. 8 Insurances
Canton InsurKIDOE .....
Underwriters
Union Insuranosa ... (640
China Fires ******|
HAX. Fired...
$4 International Assce. 3.
Shipping
$92.60 Douglases....
1595
$18
Steamboats
Indos (pret.)
130
1324
Do. (def.)
53/9 Shells!
$16
Waterboats
+1
Mining
387
Bengueta mereIKLEŞTI, Venezuela Gold Fila
$4.80
32/6
Kallans.***
$164
Langkats (single) 8.
Exploration........
$6.40
Shanghai Loans
310
Ranba
Tronoh Minos **** Benguet Explorations
28 cts. Docks, Wharves,
Godowns, sto,
H.K. & K. Whärvan. $1981)
Providents (old)
PUT
E
3127
$3.28
$3.90
$1,40
Do. (new)
... 40
Joi
H.K. & W. Docks.
$10
-$0-
S. China Motors' A'
-D
9
178
131
$14
$8.10
3:5
$137
Da. DebenturesS.
$14
New Asia Hotel
$140
• Da
·$7.
$20
11:4⠀⠀
*$310 32.40
3590 3269
134
$18
HONG KONG DAILY PRESS, FRIDAY, JULY 21, 1933
MONEY AND MARKETS
HONG KONG STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
With sterling exchange bring lower to-day, both Banks and Unions made a smart recovery, the former being bid for at 91,790 and the latter $553 without attracting any sellers. Utilities were not quite so good to-day, Hong Kong Trams and Telephones having cas- ed of slightly, probably due to profit. taking.
Nothing else in the list calls for special comment, except that Cements have further receded, and changed hands at 86.10 for the com- bined shares. This is the lowest price Cements have touched in the past ten years
$30
$10 $21. $16
Sales.
130
Union Insurances, $550.
25/-
$164
Hotels, $7.35.
$4
Hong Kong Lands, 878...
$8
Electrics, 873.00.
$9,60 12/
141
*****
RR!
$17
$8
$150
$71
#772
37.90
$14
$58,40
2018 BRI
$160 Shanghai Docka" S. New Engineerings3.
1340 Hongkowa .........R. Lands, Hotels, and Buildings
H.K. Hotelsmin H.K Lands.esB.. Shanghai Lands...8. Metropolitan Lands..
HE Healties.....................
Chim Do
Humphreys
Asin Realtics "A"S
Chinese Estates ..............
Cotton Mills
$16.20 Ewos
$100 Shai Cotton......S
$141 Zoong Sings ... S
Wing On Tartilas(S.)
Public Utiliting.
Tragways.................. Post Trame (old)...
Do
Yaumati Ferrice
China Lights (old)... $13
Do. (new)..... $12.40
H.K. Electrica...... 173 Macao do.
#81
f
$13.20
$15
$72
(new)...)
$341
Star Ferries
1941
$36
$24
....$13.
$12.40 $731
$31.10
$16.10
#109 $149 390
316 $71.
$23
#104
Sandakan Ligiita.....
31.10 15
Telephones cha
+31
$31.20
$12
China Buses ******
***
21.
Tractions
101.
Do. (pref.)
Indvístrials
$16
Malabon Sagara
JIN
$90
Caldbook, Yord.) 8,
$18
Macgregor (pref.)8.
$6
Canton Ices
$8
86.20
$6.20/61
$8.
Do...
(old)...!
$1
Do
(DAW)...
$1}
39
Ropes
31
$1
Der A Wings...
3114
Ch. F'tainments.......
$3.90
Cate
!!!!!!!
Cements (comb.).....
(мат)
Miscellansons
Dairy Farros vem...] 428)
Amusementeske så
Constructions, (old)
Do.
$4.20 Lane Crawforda....
Mackintosha Nanyang Tobacco..
Sinceres.......
Watsons....ieravuse
Wm, Powelle
M. Greyhounds......
$4.15
mkat
A
$12
$11
34 85 ct
Telephones, 831.15. Cements (Combined), 86.30/6.15.
Buyers.
Hong Kong Banks, $1,790. Bank of East Asia, 8101. Union Insurances, 8552). Canton Insurances, H.K. Fire Insurances, $260. Hotels, 87.30
310.
Hong Kong Lands, 877. Hong Kong Trams, 823.20. Star Ferries, 8841.
P. & O. BANKING CORPORATION
Profits Increased In A Difficult Year
%
GOLD EXPORTS AND INDIA'S TRADE
(Special Air-Mail Service)
LONDON, July 4, At the 13th ordinary general meeting of the P. & O Banking Corporation Ltd., Mr. W. E. Pres ton (the chairman), said that the result of the year shows a net profit of £111,318, which is an increase of some £4,000 on the results of the previous year "Shareholders will, I feel sure, be satisfied with this result, achieved in a yea of great unsettlement, dwindling trade, and of unstable market con ditions."
After paying our dividend, which, you will observe, owing to the in- cidence of Indian and British taxa- tion, requires some £4,000 more than last year, we are enabled to carry forward £44,553, as against 237,555 brought in.
We have materially increased our holdings of Indian Government securities, which at the close of last year were just over £3,500,000, an against £884,000 at March 31, 1832 To a large extent this is due to the absence of suitable advances in India, but equally to the improve ment in the Indian Government's Pre.. credit since 1913, which has been a primary inducing cause for our investing our spare funds in this
China Lights (Old), 813. China Lights (New), $12.40. Dairy Farms, 8261.- Watsons, 89.
Govt. Loans, 4 per cent.
(Amented).
Ballero,
Union Insurances, 8562). Underwriters, 82.40. "Hong Kong Lands, $78.
LIMITATION OF RUBBER
DUTCH AND BRITISHTM
"CO-OPERATION?
THE HAGUE July 20 THE Dutch Premier, Dr. Colijn, accompanied by Dr. Wasla, head of the Economic Section of the Dutch Colonial Office left here for London, yesterday.
SHANGHAI RUBBERS
SHARES
way.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.. REPORT
Silver prices dropped 3/16 yester. day for both deliveries, the quota- tions being 189/16 for ready and 18 11/16, for forward." Silver ad- vices reported Indian Bazaars and speculators having sold. Later spe culators-bought. The tone at the close was uncertain.. In America the rate was substantially lower at 39 for spot. The market was weak.
New York advices reported the opening rate at 4.86) and the clos ng rate at 4.81.
Market.
Opened with indications of essi- ness but later weakened in sym- pathy with, Shanghai.
Sterling.
at 1/4 but the buying rate soon The market opened with buyers receded to 1/51/16 at which rato business was done for September delivery followed by transactions at 1/5 for near, 1/4 13/16 for July, August and second half, August. 1/4 31/32 was also arranged for October delivery. The market clos- ed at lunch time with sellers ab 1/4 July/August and 1/4 15/18 September, buyers probably at 1/4 29/32 July, 1/4 15/16 August and 1/4 31/32 September.
Gold Dollars.
The market opened with buyers at 341 but business was soon #7- ranged at 34 for near followed by transactions at 34 and 631 for near delivery.
The market closed at
lunch time with sellers at 334. July and 33 13/16 August, buyers at 331 for near, and 33 15/18 August.
Yên.
Shanghai Dollars,
Were quoted at 111) for near de
Shanghai.
We have, as in the past year, Merchants were quoted early in participated fully in the export of the morning at 1123 for near de- gold from India, and while I re-livery, but later the rate receded to cognise, like everybody else, the 1193. very many practical and material advantages which have resulted both to India and to Grest Britain livery. and to the world at large from the liquidation of the stocks of gold Early advices indicated sellers at which have been accumulating for 1/3 5/16" but later the market weak- many years in India, the importened and towards 1 p.m. sellers ance which this commodity asS LLINGE were indicated at 1/31/16 for near, in the exports from India is oply buyers at 1/31 cash. another symptom of the dislocation in the trade between India and Europe
It is not necessary for me to dwell on the causes of this dislocation; they are well known to you, they have been commented on at "all" meetings of banking and industrial shareholders, and the statesmen of the world are now in conference in London engaged in endeavouring to find a remedy.
The Allahabad Bank,
IN THE AFTERNOON.
Market.
Was erratic in the afternoon bus towards the close the undertone appeared to be on the easy side.
Sterling.
Business was done early in the afternoon at 2/4 27/32 for near de livery. The market, then reacted. and sellers came out at 1/4 and 1/4 15/16 leading to business at 1/4 18/16 for August and 1/4 31/32 August. Towards the close offers at 1/4 15/16 were accepted for second half August finishing with sellers at 1/47-July/August and 1/4 29/32 September, buyers probably at 1/4 29/39 July: 1/4 15/16 August and 1/4 31/32 September.
It is believed that Dr... Waals will discuss with British experta, the question of co-operation be tween the Dutch and British Gov-
I would like to add a word re eramente regarding rubber restricgarding our affiliated institution, tion.--Reuter.
the Allahabad Bank, Ltd. The sub stantial improvement in the price of Indian Rupee securities of which this hapk is a large bolder, has enabled them to restore to their
Gold Dollars. reserve the amount which was re quired in", the previous balance- Business was done at 334 for near sheet to write down their securities delivery. The market closed with to market value.
sellers at 334 July and 231 August, The Allahabad Bank, like out-buyers at 1/8 higher respectively. selves, bave felt the impact of fall- ing prices on the considerable up- country business which, in the past, they had engaged in by way of advances on produce and goods. It is eminently satisfactory, there- fore, that their policy of: holding Government securities, which are now exclusively short-dated and terminable, should have brought with it a means of compensating them for the diminution of these trade advances
BENJAMIN AND POTTS
" QUOTATIONS.
A
Messrs. Benjamin and Potts have received the following rubber quota tions by cable from their Shanghai Office:-
Bate on Rate on 12.7.33..19.7.33. $5.75 $5.70 2.70
$14
$2.10
$18.80
501 $1.50
Anglo. Javas
$10
***
Anglo Dutch
2.70
$31.
C. Enterprises
Batu Anams „527138
40
14:
United Theatres ....... 8.
Chemors
.47
79%
B. Ini, G. Bonde..... 80′
Consolidated Kok Tson
1:05
Brem. (Assant)
H.E. Gort, Loans.......
18**
Wallace Harper.....
Kroewocks
fam
*.45
$180
LK Wing Oa
Repahs
40
43
$190
Tanahs Merahe
.98
Tebongs
.50
Ziangbes
5.75
Rhai 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
anton Agents
John H. Ferguson & Co.
32. –B. C. Shameen.
Tel. 18624.
SHANGHAI RUBBER
CARROLL BROS. QUOTATIONS
Mesars Carroll Bros. have re- ceived the following latest cabled 'quotations from Bhanghai:- ARNA China Finance Corp. Sh.8 6.00 International Investenent
Trust Co.
Lord Inches pe.
Shanghai
Sellers were indicated at 1/3 buyers at 1/31 for near delivery.
On
EXCHANGE
CLOSING QUOTATIONS
July 20, 1923.
LONDOS, Telegraphic Transfer.. Baak Billa, on samand Bank Bills, 4 months
Credits, -74.0° asontha
wight D.
New YORK:
138.
Bank Bills, on demand sat nom Gredita, 60 days.
When I last had the pleasure and honour of addressing you I referred to the death of the founder of this bank, the late Earl of Incheape. It was the desire of our board to find a means of cementing to the bank the close association of the Bank Bills, on demand $74 Jata chairman's- family and the , Credita, 4 months" night 637] many and varied interests in which O Tam
ON PARING
On demand OsSING—
On demand
he had and his family were engagTelegraphic Transter... ed; and it was with great pleasure Bank, on demand and satisfaction that we found 4 OF SHANGHAI ready response from his son, who On Demand has now joined our board, and who | On Koss? has accepted the office of president On demand. to the bank? : (Hear hear.)^,
"OW MANILA: 15.05
Although this office carries with Cathay Land APPARATUS
16.70 it no administrative functions, it Yangtze Finance Co. (10.70 preserves the personal and titular International Assurance Co. 5.40 relationship between Lord Inchcape O BATAVIA :) China Realty
14.75 and the bank (Hear, bear). I am « On demand Shanghai Land Investment. confident that here, too, the action On SaroOM:—
00,
32.00 of the directors will meet with your On demand
confirmation. ON BANGKOK
The chairman concluded by mov On, demand- Shanghai Dock & Engineering the adoption of the report and SOVEREIGNS, Bank
ing Co.
147.00 Bocounts, which was seconded by the Retaile
New Engineering & Ship.
building Works (Ord).
7.00
Ehanghai & Hongkew Wharf Sir Montagu O. Turner and cars Bal Bilten, per
300.00 ried unanimously, A A dividend of 5 per cent per
Co.
Shanghai Electric Construc-
tion Co.
Ewo Cotton, Mills, Ltd.
Shanghai Cotton Manufac
turing Co...
Zoong Sing Cotton
Ltd. Co
Anglo Jars
Anglo Dutch
Ziangbes
Langkata
t
42.50 annum, less income-tarat 36
1101
112
15.00 10.42d was declared, payable on Inchcape president of the bank,
July 7, and the retiring directors He felt sure the shareholders would 100.00 and the auditors were re-elected be glad to know that the EMME E. 1. Hargraves in proposition of the name of In 14.25 ing a hearty vote of thanks to the the bank wEEST
K76 chairman, directors and staff said. The vote was
2.75 he was very pleased to hear that corded, and a brid
6.75 the directors had appointed Led
16,60 - (Continued as foot of nesticoluna,
EUROPE LA SOLZ
AMERICa SUEZ
STRAITS.
NOTA
GREKEN TO CALIFORNIA
The President
13
IMARY TO NEW YORK LJA KINAMA.
INTERPORTES Eners
TO SEATTLE VICTORIA
INTERPORT
Weekly Sailings Transpacific
San Francisco, Los
& New York viaTM Panama Fortsightly sailings on Wednesdays, Pras, Grant ***..........Aug, 2, 8 am Pres. Coolidgs......................Ang, 16? Pres. McKinley minomsáng, 30 Pres, Hooveroureusem Pres. Lincoln..cers
To Seattle and
Victoria
Fortnightly sailings on Baturdays Pres, Jefferson......July 21, Midnight. Pres. Cleveland numisäg. 1) Pres Jackson...h mång. 25 .............. Sept. 13........ Pree. Jefferson... ...................Sept. - §
Sept. 17
Pres. Cleveland ... Sept. 20 ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europe via United States." connections with all Atlante lines. “Choice of rail lines mOZONE United States and Canada, liberal step-over”privileges” for
Sight-seeing. Full particulars upon application.
fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria. Naples, Ganca, Marseilles, New York and Boston.
Pres. Piercerisin Fres. Monroe Prea. Van Buren-
800.
„July 22 - Fron. Garfeld
Ang.
Pres. Polk.
.....Aug. 19 Pren Adams
TO
Next Salling.
Pres. Granteışünərarı Pres. Monroe.................. Pres. Cleveland............
MANILA
8 s.1,
Sept. 2
Sept. 18
Sept. 30
.....Pres. Pierce July 22, 8 a.m.
July 26
Pres Van Buren
Aug. 5
Prow. Jackson
Pres. McKinley............
Aug, 19 ug, 19 ...Sept. 3
Aug. 5 Free, Coolidge C................................Aug. 8. Pres. Garfield
Connecting with 8.8. MAXON 77 CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FEDDER BUILDING-HONGKONG..
CANTON BRANCH:—4, SHaxis Boad.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
"(INCORPORATED IN HONG KONG.)
Tel. 28380-Gloucester Building, Rosin 306E
AMERICAN SERVICE]
New York: July 19. Dow Jones Averages: 730 Industrials
20. Rails
20 Utilities
40 Bonds
High-1932 Low: July 18 July-19. - Change.,
108.27
41,22-108,67, ** ** 103.68′′ 5,60 down 66.53
12.23 66.63 #6401162 Down 377586271803037.51°03835,3136 down 88.81 65.78 89.07 89.04.03 down Aria Zanda, Limited, has received the following feport from their Naw York correspondents, E. A. Pierce & Co. The market acted reasonably well considering the severity of the shake-out. Alcohol stocks will probably have another spell of selling tomorrow and we think, on such; development, the best plan would probably be to purchase for a trading turn. This applies especially to rails Wheat: Heavy-liquidation wAS largely the result of a technical weakness. There is little change in crop news. Canadian advices show a worse condition, Wallace's pre diction of a two million bales carry-over had some influence. Cotton. General liquidation and professional selling was influenced by rains in: the West Belt, lower foreign exchange and acute weakness in the out- side marketa. The best demand came from the Trade: The weather is favourable in the East and unfavourable in the West Belt. 'Silver: There was heavy liquidation in sympathy with other market. Large spooniators were conspicuous sellers and support came principally from investment and Trade houses, M. Business Dones 7,440,000 shares.","
DITAS Low. PKR, SH,
7.1932
HIGH 1011
1311
30%
300 Air Reduction
6.00 Allied Chemical & Dye
293 * 4.00, Arjerican Can 24. American Smelting...
LAST SALE
July 18," July 18
$1001
131 1201
95
91
40
5
421 : 381
70+
0.00 American. Tel. &.
132
128
44
5.00 American Tobacco
021
DO
1.00 American Waterworke
281
Anaconda Copper Mining 2.00 Auburn
702
Bendix Aviation
201
18
401/
* * * * * * 86878869 928F924329 38 989285
1.00 Borden Company
Canadian Pacific JI Case 0.50 Caterpillar Co. 2.00 - Chase Nitional, 1.00 Chrysler Motorsi 3.40 Consolidated Gur of
Curtiss Wright 300- Druze, Incest 200 Du Pont de Nemours 3.00 Fastman Kos
Electric Aut
6% 1, Electric Bond !
Electric Power and
0.40 (General Ele
180 Gendra
1.00 General
Chillsti
1:20, Gold
Packard Mo
10.50 Pennsylvania
Radio Co BOLTS BO 100 Standard”
Stad
34 bid 391.bid
36
50
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