DAILY SHARE QUOTATIONS
HONG KONG STOCK
Buyers Baller
EXCHANGE.
SHAREBROKERS' ASSOCIATION..
THURSDAY,/!
JULY 27.
Bellary Huyoru
Banks
Do. (London) - Chartered Banks ....
1.935/40
H.K. Banks
2130
£16
924
Mercantile Bks. "A"
"a"
$101
N. C. & 8. Barks...
.820
"Do
Prof. S
ساعة
IN
Rosina
11,890
291
140
$7
Do.
Bank of East Axia.......] $101
Am. O. Fin. Corp: 8.|
13.40 Ch Fin. Corp. Ord. .| 35:00
Insurances
Canton Insurancee...
Underwriters
Union Insura005... $42
China Firas
****
3310 32.
$690
1282
$310
$640
$595
$163.
H.K. Fires...
$5.60
International Assce. 3.
2
Shipping
332.60 DouglasCK
SIN
Steamboats
$30
Indas (pref.)
Do. (del)
Waterboats
$34 *IN $30 $30
·59) 816
Mining
133
Benguets......
Venezuela Gold Fid
$31}
30/0
Kailans ****
$4.85
$101
Langkats (single)!
Explorations.......
.
$4
!!!!!
51/101 Shells IL KITTENSTE
$6.40 Shanghai Loans
10.16
Raaba...
Tronoh Ming ****
28 cka Benguet Explorations
Docks, WharvSA,
Godowns, etc.
$129 HK. & K. Wharton $197
$3.20 Providents (ald) ---#3.76
Do. (дем)
II.K. & W. Docks
11.40
$18
$10
S. China Motors 'A'
18
...Do
"B"
$148
Shanghai Docks S.
New Engineering S.
#337
$7.90
***
Hongkows
Lands, Hotels, säd
- Buildings
H.K. Hotele
H.K Lands.....,8.] 177} Shanghai Lands::8,
Metropolitan Lands.
Chifia" Do ................
$32
314
$2,10
H.E. Realties.********
-$15
$137
314
Do. DebenturesS. "Humphroys
3
THA
$140
$.7
"B" 8.
RETINASI!!
$15
9108
New Asia Hotal..
Abi Realties “A”8.
Do.
Chinese. Extates.....
Cotton Milla
Ewos
8'hai Cottons......S
3141 Zong Sings ...............
401
Wing On Textiles(S.)
Public Utiilileg
Tramways... $22.80
Punk Trama (old) ........
TORRE
25%. $18/
$6 $9.80
12/-
31 40 $17
HONG KONG DAILY PRESS FRIDAY, JULY 28, 1933
MONEY AND MARKETS
FINANCIAL NOTES FROM
LONDON
The Conference and the City: Polish Contract
for Metropolitan Vickers: The Grid and Electric Supplies: Dividends
of the "Big Five
(Special "Air-Mail Service)
CITY AND THE W.E.C.
LONDON, July 11. The Economic Conference faded as a factor in City affairs quite carly in the week. President Roosvelt has adhered to his former policy of allowing the dollar free scope. The revaluation of the dollar in terms of American com- modities," he said, is an end from which the Government and the people of the United States cannot be diverted."
This policy has led to frantic dealings in the dollar exchange The part the dollar has played in the rise in stocks and commodi ties can be seen in a comparison of the week's highest level of 4.75 with that of roughly 3.50 ruling before the dollar abandoned gold. The present depreciation from that level is approximately 35 per cent. Practically one-third of the fall, as can be seen from the following table, took place, during the past week.
*****
Lowest Highest Close Monday 4.35] 4.481 4.433 Tuesday 4.84) 4.62 4.40 Wednesday. 4.4
38
4.53 4.59
$149
371
Thursday ... 4.48 Friday
4.52
4.59
Saturday
$11.80
$105
199
134
$22.9
#72
Da (new)...
$951
196
$13 10
Star Ferries uiters
$251
Yauti Yerries
China Lights (old)... $13.10||
$13.16
313 $12.35)
$73
$23
$104
3291
29.80/,30
10.90
*TUR
$L+
$261
| $11
Do. (now)... $12,60)
H.K. Electrica ....... 373)
Macao do.
Sandakan Lights ....
Telephones
Chins Buses........ Tractions
www.
Do. (pref.).....
Industrials
2'.
$15
Malabon Sugars
$20
Caldbeck, Yord).
$16
Macgregor pref.)S.
$6
Canton Ice
AND
(old)...
$1.05
18
Cements (comb.)... #i
Do.
Do. (W)...
Ropes
Miscellaneous
Dairy Farman.
Der A Wing...as
Amusements.....
Constructions, (old)
Do. · [UBW] Lane Crawford..... Mackintosha Nanyang Tobacco... Sinceres
Warsons. ..................AME
Wm. Powells.Azurës
$30
116
$25
29.80/ 20
FELHIM
31K
$6
મ
$5.0%
$1
$9.
$29.40
$12
$11
$31
85 eta
$4.16
$18.80 $9.10
| $180°
子
$11
Ch. Etainment.......
$3.00
.60 cts.
$21
$14
29.
-$2.10
$10
M. Greyhounds.
8. C. Enterprisen 194
54
United Thestre ... 8.
78%,
B. Ind. G. Bonds
78,
premo. (Assented)
HK. Gort Loana.... $2043
$8
Wallace Harper..............
#286
HK Wing O
$1
'8'bai
$165
Do
-32
Asia Lands Limited
Gloucester Building Tel 283802 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 Dally Press
Canton Agents.
John H. Ferguson & Co.
32 B. O. Shameen.
Tol. 18624.
4.50
4.75 4.71 .... 4.65 4.76 4.731 Up to Thursday, business, although still mainly against the
ed that he thought the general feeling that things in the country were improving was justified, „
HENLEY'S TELEGRAPH
ORDERS
Though the completion" of the Grid “has caused a decline in de „mand for certain products used in its construction, it has automati cally stimulated the demand in other directors. Thus, at yester day's meeting of W. T. Henley's Telegraph Works Co., Sir Mou- tague Hughman, the chairman, pointed out that ample additional supplies of power from the Grid would shortly be available, and that the electric supply authorities were alive to the fact that the time
is
favourable to increase their underground distribution network, Of this incrasse Henley's should, of Business abroad was naturally course, obtain a fair share, restricted, but in spite of many obstacles to overseas trade, Sir Montague detects signs of revival, At home, he stated, business" has” shown a substantial increase, and orders for the three months to June 30 were higher than for the corresponding period a year ago.
*
BANKING DIVIDENDS dollar, was more balanced, quite a great banking organisations of the Interim dividends by the five fair support coming from commer-
!
Per
сей.
1933 Per cent. 'cent.
7
8.
8
8
9
9
6
71
Barclay....... Midland ..... Westminster. $ Lloyds........ National
cial interests whose need for dollars country have been announced dur enuld not be delayed, This, howing the week. The following table evor, was merely a full before the compares them with the interim storm which broke
and final payments last year :- on Friday, Dollars were offered in full force
Interim. Final. Interim.
1932 from America but particularly!
1939. from the Continent, where the tide
Por of opinion has swung round strong- ly in favour of the gold currencies. Dealers were overwhelmed in the uncertainties of the market.
Sterling was also a sufferer in this hectic market through Con- tinantal selling, due to the fear that as the gold countries failed to capture the support of the £ in the recent currency discussions, sterling may eventually throw in its lot with the dollar. The Ex change Control is reckoned to have liquidated substantial frane bal ances in holding the French rate from sharp depreciation. Rates on other gold centres, lowever, moved sharply against the pound.
Another important point in the exchanges 19 the full in the Canadian dollar to a discount against sterling.. The Canadian currency which moves with the American dollar has accompanied the latter in its depreciation, and the Canadian exchange now stands well over the old gold parity level.
·
Provincial 8 The comparison of the three half yearly payments is of some import ance, since it offere a possible ex. planation of the reduced declara tions of Lloyds Bank and the National Provincial Bank. In both cases there were reductions in the the interim dividende now declared final payment for last year, and
of the total dividend paid for 1922. have been adjusted to equal half
They may have been made, there fore, simply with the purpose of equalising the half-yearly pay
ments.
HONG KONG STOCK
MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
Conditions were somewhat quiet- er in the market to-day, and, in a few instances, rates have given way to some extent,
The volume of trading also was limited.
Sales.
Hong Kong Banks, #1,839/1,840. Underwriters, $9.
Star Ferries, #06.
China Lights (Old), #13.10. Electrics, #M/74). Telephones, $294. Dairy Farms, $284.
Govt. Loans, 41% Prem. (Assent-
ed).
Buyers.
Bank of East Asia, 101. Canton Insurances, $310. Union Insurances, $540, Indo-Chinas (Def.), #3}. Hotels. $74.
Hong Kong Lands, $78. Hong Kong Trams, $22.90. Star Ferries, 805).
China Lights (Old), $13.. China Lights (New), $12.35. Electrics, $74.
Cements (Combined), $6.20. Dairy Farms, $284. Constructions (New), 80 cents. Govt, Loans, 41 Prem, (Assent-
ed).
Bellers.
Ewo Cottons, Sh.815. Telephones, $201.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.. REPORT
Mesars Roze Broe, have forward- ed us the following exchangu market report for yesterday:-
Silver prices dropped 3/16 yester day for both deliveries, the quot tions being 17.7/8 for Beady and 18 for Forward, Silver advices re- ported America as having sold. China and India. bought. The tone at the close was steady. In America the rate was unchanged at 37.1/8 for Spot
New York advices reported the opening rate at 4.818 and the clos- ing rate at 4.828
R
Market.
Quiet, the tone was steady.
Sterling.
1/4.0/3, buyers bidding 1/4.31/32 The market opened with sellers at
for near delivery followed by trans resulting in business at 1/4.31/39
actions at 1/5 for September. The market closed at lunch time with sellers at 1/4.31/32 July/August and 1/5 September, buyers at 1/32 higher respectively.
Gold Dollars.
No business was reported. There were sellers at 32.3/4 for near, buyers at 32.7/8 for cash.
be regarded as satisfactory evi The dividends as a whole must dence of the continued strength of our banking system, particularly as conditions at present are not of the best for profitable banking" £1,980,000 Contract for Britain.
business The demand for money Merchants were quoted at 1391 for A contract has been signed in
for trade purposes is such that only | near delivery. London between M. Koc, chief bank funds can be employed for an abnormally low proportion of Polish delegate to the Economic Conference, and the English Elec-
this purpose, and returns available | trie Co., Ltd., and Metropolitan ties are at an extremely low level. in the money market and in securi Vickers Electric Co., Ltd., for the electrification of the main Warsaw railway junction.
The cost will be about $1,980,000, The work is to be carried out dur- ing the next four years, and part of the equipment will be supplied by the two British Arms.
*
•
#
IMPROVEMENT IN STEEL TRADE
at
During the first six months of this year the orders secured by the English Steel Corporation, Limit. ed, whose headquarters are Vickers Works, Sheffield, have been 2271,000 more than were ob tained during the first half of last. year. This news was imparted to the employees who attended the gals at Sheffield on Saturday by Commander C.W. Craven, the firm's managing director. He add-
SHANGHAI RUBBER
» QUOTATIONS
MESSRS. BENJAMIN & POTTS
REPORT
The following Rubber quotations have been received by cable from Shanghai:
Rate on Rate on 19,7.33 20.7.33 Anglo Javaa... 15.70 $4.75 Anglo Dutch 2.10 2.75 Batu Anams 40 .42
47
buyers at 1/3/18 August.
PRESIDENT Siners
PRESIDENT GRANT
WILL SAIL FOR
SAN FRANCICO
Via
SHANGHAI, KOBE & YOKOHAMA
AT
6 A.M.
Monday, July 31st.
DOLLAR
STEAMSHIP LINES
MAIL LINE.
AMERICAN
PEDDER BUILDING-HONGKONG.
CANTON BRANCH:--4, SHAKES ROAD.
"NEW YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED VA HONG KONG)
98380-Gloucester Building, Room 308.
New York: July 28. Dow Jones Averages:
20 Hafla
30 Industrials-
20 Utilities
40 Bonds
AMERICAN - BERVICE.")
igli-1032 Law: July 25. July 28.
Change
108.97
41.99 -0.83
94,05
2,22 up
14.03.
13,23: 48.08
47.25
27 up
37.88
-16.53 31.CO.
32.25
.66 up
69.64
66.78 87.78
88.07 .29 up
tagia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. We think the market has acted very well and it looks as though most of the liquidation resulting from last week's break has been cleaned up. We do not think we will! get a secondary reaction in the immediata future. Wheat; A farther deterioration in the Canada crop induced new buying in Winnipeg and Chicago Millers are also buying. Cotton: This market felt the influence of the additional rains in the Central Belt, which aroused further and increased weevil infestation and brought new investment buying. Silver: Dull and featureless, except for a tendency on the part of the Trade and banks to buy at any signs of weakness, Busines Done: 8,040,000 shares.
402
5.00 American Tobacco
tse#
Shanghai.
Shanghai dollars were quoted at 119:for July.
Opened with sellers at 1/21/16/4
HIOB
Low PEL. SB. ALYSIA
FAST SALE
July 25. July 26.
30%
300 Air Reduction
880
art
42)
8.00 Allied Chemical & Dye
116
117
4.09 American Can
· 85
Bå
IN THE AFTERNOON. The market was steady in the afternoon.
American Baleting.
341"
382
1871
9.00 American Tel. & Tel.
192
194
03
83€
83
100 American Waterwo
301
-17
18
151 16
17
bid
203.hid
301
In Sterling business was done it 1/5 and the firmed up to 1/5.1/82 and 1/5.1/18 July/August, finishing with sellers at 1/3.1/32 near, buyers at 1/6.3/32.
Gold Dollars. Business was done at 32.15/16 and 23 for near delivery, closing with buyers at 33 July and 33,1/8 August
Shanghai, Sellers at 1/21/5. August.
EXCHANGE
CLOSING QUOTATIONS
Chemors
Consolidateds..: 1.05
1.05
Kroewoeks Repahi
45
.4
43
Tanah Merahs.. Tebooxt Zinngbex
.96
.02. .54 6.75
6.75
( Lorno:
Telegraphis Tran
PACIFIC ORIENTAL
MONTHLY CABGO 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. THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger Accommodation
Passenger fare, Hongkong/Ban Francisco: 08120 (1st class only) For Fight and Passage, etc, plesso Apply to: The Chinese Ameri
July 27, 1932.
Bank Bill, on demand
Bank Bills, 4 months'
gight "[42.
Oredite,
sight
O NEW YORK
"month"
Bank Bills on demand sti nom. Credits, 60 days! sight. nom
ON PARIS
Bank Bills, on demand a 21 Credita, 4 months' sight (3: ON INDIA:
Telegraphic Transter... Bank, on demand ... ON SHANGHAI ; —
On Demand
О Кол!-
On demand
ON MAXILA:
On demand
ON SINGAPORE:--
On demand
ON BATAYLA
Shippin
On demand
JOHN MANNERS & CO. LTD
Offon i ManaínYILE BANÉ BREUSES
ComBANY
HONG SLING
ON BA
The
212
4512
281
204
4.
281
201
Anaconda Corper
2.00 Auburn
Bendix Aviat
1.00 Korder: Compi
Canadian Pacific J. I-Casowni
0.50 Caterpiller Co.
2.00 Canon Tational.
100 Chrysler Motors
3.40 Consolidated Gas of HF.Y....
Curtis Wright
3.00 Drugs, Inc.
2.00 Du Pont de Nepies - 3.00 Eastman Kodak
Electric Auto Lito Co
6%'s. Becizit Bond & Share
Electric Power and Light... 8):12 0.40. General Electric"
1.00 General Foods
7 - 1.00 General Motors 100 Gillette Splety, 01:20. Gola Duck 10 0:00 International-
International 344.00 Liggett &
100 Loew's Inc
Montgomery Ward-
201.60 hatismal, Biscuit
57:
∙100
100 National City Bar 1.20 National Dairy Prod 10:005 Dcis, Elevator
2.00 Pacific Gas & Eléct
Packard Motors
0.50 Pennsylvania Rai
Badio Corpe,
Sears Roebuck
00 Standard Bra
Standard
Pacida
Corporatio
United States. Stee Westinghouse B
26
894 bid
18
921 23
112
(13)
425
243%
BARRILTE
No comments yet.
Private notes are available after approval.