DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS'
ASSOCIATION.
HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 2, 1933
MONEY AND MARKETS
MARKET
Buyer Sellero
Baton
Nominal
TUESDAY, AUGUST 1.
Ruyors
Bailare Balam Touiza
HONG KONG STOCK
Banks
THE EXCHANGE MARKET
$1,830
H.K. Banks
ex div. 12)
Do. (London)
£15 294
Chartered Banks ....
Mercantile Bks. "A"
Do.
$101
$20
$270
Rank of East Asia... $101
N. U. & S. Barks
Am. O, Fin. Corp: 3.
15.40 Ch Fin. Corp. Ord. d.
35.00
Do. Pref. 3
Insurances
*
S
***
$1,630
$7
1310
1+4
$590
$262
YESTERDAY'S OFFICIAL
QUOTATIONS
MESSRS. ROZA BROS.. REPORT
15/16
JAVA SUGAR
"MARKET
Messrs. Pentreath & Co. bave forwarded us the following report dated July 20 From the Maclaine Sugar Co., Ltd., Sourabaya —
Exchange:The Dollar has shown ALL still further weakness and sterling
The market was again „a very Messrs. Roza Bros, have for narrow one to-day, and such de- warded us the following exchange
has also ruled slightly easier, to- mand as came forward, was chiefly, market report for yesterday:-- confined to the investment section, The price for Ready Silver drop- day's Banks' buying rate for drafts the following issues receiving steady ped 1/10 yesterday but the For at a d/s on London being 8.237.
India: There is not much to re- support, namely:-Hong
was unchanged, the Kongward rate
for port from either coast, buyers look- Banks,
Hong quotations being 17 Canton Ins. and Kong Fires, Unions, Hong Kong Ready and 18.1/16 for Forwarding for lower prices from Jaya. Lands and Telephones.
Silver advices reported speculators Unless sterling rallies considerably there would appear to be some as having operated both ways.
of their expectations Amerien sold. The tone at the prospect. close was steady. In America the being ful5lled and recent renewed rate rose to 30 for Spot. The offerings of British refined sugar tone was steady.
may force the NIVAS to reinsti tute a rebate system for Indian markets. It is reported that Bri- tish refined sugars are now finding their way to such an unexpected destination as New York.
The rest of the list was more or less' neglected.
Sales.
Hong Kong Banks, 81.844. H.K. Fire Insurance, 8275. Benguet Consolidated, $36. Hong Kong Trams, 893. Telephones, $304.
$310 ".31 0.
Canton InsuranCON..
Underwriters
$2
1535
Union Insurancës ....
#135
$693
China Fires
$278
H.K. Fires
83.60
International Ausoe, 3.
Shipping
$32
Douglanca
$34
18
Steamboats disseres
$30
Indon (pref)
$30.
$32,
Do. (def.)
$30
50/-
Shella
59/
T++
$15
Waterhouta
$15
"
Mining
$30)
35
Venezuela Gold Fida
Benguets.......* $35
Buyers.
$4.80
"Hong Kong Banks, 81,838.
304
Kailans
25/-
Bank of East Asia, 8101.
$161
Langkat's (single) 8.
$161
$4
Explorations...... S.
Canton Insurances, $310.
$8.49
Shanghai Loans 2.
Union Insurances, $535,
$6
Underwriters, 81.00,
$9,50
12/-
H.K. Fire Insurances, #270. Donglases, 8321.
Indo-Chinas (Def.), 832).
128 cts.
$10.15
Ranba******** Trench Mines
Benguet Explorations Docks, WharTOS,
Godowns, sto.
$1.29
H.K. & K. Wharves.
$188
$3.80
Providents (old) ........] 131
$3.85
11.40
Du.
(Low)
$140
318)
H.K. & W. Docks
$17
$10
S. China Motors A'l
Do.
"
$148
I
*
18
$149 Shanghai Docks 9.
Benguet. Consolidated, $35..
Providents (New), 81.40. Hotels, "97.20.
噬
Hong Kong Lands, 878. Star Ferries," 805.
China Lights (Old), $12.80. China Lights (New), 812.40. Electrics, $74. Telephones, 330.30.
Singapore Tractions, 2/-
171
New Engineering8.]
337
Hengkews .........8.
Lands, Hotels, and
Singapore (Pref), 15/-
Cements (Combined), 88.05.
$7.3u
Cements (Old), $5.
Dairy Farme, 329.
Lane Crawfords. 83.00.
$7.2" $78
Jox div. 8314
36.10
Buildinga
H.K. Hotels i H.K Landa.........8. Shanghai Lands...S. Metropolitan Lands..
HK, Kealties.........
Public Utilities
Tramwaya ker
Chins Lights (old)......
Do. (now)... $12.40
Sandakan' Lights ....
174.15
***
$301
301/361.35
Constructions (New), 85 cents."
Govt. Loans, 3 per cent. Prem.. Sellers.
1
Benguet Explorations, 25 cents. Ewo Cattons, Sh. 815 Hong Kong Trams, 323.10. Sinceres, 813.60.
EXCHANGE
CLOSING QUOTATIONS
sight
יי
August 1, 1933
*142
1,5) ON NEW YORK:-
Bank Bills, on demand 311 nom Credits, 60 days' sight.. nom
ON PARIS:-
ነ
Bank Bil's, on "demand 590 Credits, 4 months' sight, 20
ON INDIA:-
Telegraphic Transter...
Bank, on demand
'',
New York advices reported the ooening rate at 4.59 and the clos- ing rate at 4:48. The lowest rate was 4.46.
Market.
Quiet, The tone was steady for Sterling but easier for United States Dollars.
"
Sterling.
Business was done shortly after the opening at 1/5 for September followed by transactions at 1/4 15/18 for near and 1/4.31/32 Sept. The market closed at lunch time with sellers at 1/4 29/32 August and 1/4 15/16 September, buyers probably at 1/32 higher respective
Gold Dollars,
No business was reported. There were sellers after the opening at 31. buyers at 31% but subsequently the buying rate gradually receded to 311, sellers at 31 for near de livery.
Yen.
Merchants were quoted at 114 for near delivery.
Shanghai Dollars.
Shanghai dollars were quoted at 112 for cash.
Shanghai.
Early advices indicated sellers at 1/3 1/18 buyers at 1/33. Subse- quently the market eased off to buyers at 1/31/16 and later 1/3, seflers at 1/2 15/16 for August delivery.
IN THE AFTERNOON. The market was quiet in the afternoon.
Sterling.
In Sterling business was done at 1/4 31/32 for September delivery; finishing with sellers at 1/4 29/32 August, 1/4 15/16 second half August/September and 1/4 31/39 second half September, buyers at 1/16 higher respectively.
Gold Dollars
The market closed with sellers at 31-7/16" August and 311 September, buyers probably at 1/16 higher respectively,
|
China: Some named steamer business has
been possible u Browna 20/H to Hong Kong and it is believed that the holder of the 1931 crop balances has been enden- vouring to force sales to this mar ket. Shanghai continues extremely dull., and 4.
West of Suez:-Business is at complete standstill, largely doubt due to disappointing London and New York Terminal values and immediate expectations of a de- valuation of the guilder having been shattered.
The N.I.V.A. S. :-Total sales now amount to:-
776.976 Tons. Superior.
8,739 Tons Superior Seconds 285,335 Tona Browns
17,514 Tons Molasses which shows an increase of :-
5.153 Tons Superior 4.520 Tons Browns. 1933 Campaign:78 Mills are now grinding.
Weather Conditione:-Since our report No. 62 the East Monsoon has set in and no further rains have fallen.
Excise Tax :-The tax of 9 to 3 cents mentioned in our Report No. 19 has now been officially fixed by Government at the former gute
• operate as from the 1st of Janu-
ary 1834. Native production (Goela Mangkok-Cup. Sugar, etc.) la free of duty although European pro- ducers have opposed the granting of this concession strongly.
In a quiet market, we quote as follows:-
F.C. Java C.LF. Shapehar (per 100 Kan.) C.L.F. Hong Kong
(per nicul)
Whites Brown
1.51
1.8.80% f.5.23
1.4.031 £3.72)
I.I.D. CERTIFICATES
L.I.D. Certificates of the Societe de Internationale #17
Placements,
$13
Chins Du...8.
$137
$14
Do. Debentures9, Humphreys
$14
New Asia Hotel
$521
$130
Asia Realtice "AB
320
Do.
"B" S
Chineso Estaten......
Cotton Milla
$15
Evo
8)| 314,45)
.3108 $141
S'hai Cotton.S
cong Sings
S
400
Wing On Textiles(S.)|
$108 SIGA 390
**
$23
$23
$23
ON LONDON: --
$104
Peak Trama (old)...
$16
#71
Do.
(new)...)
$24.
$98
Star Ferries
*88
Bank Billa, on demand Bank Bills, 4 months'
Telegraphic Transfer...)
$231
Yaumati Ferries
-$13
$201 $13
#ight
Credits,
4
months'
$12.40
-W
$74
H.K. Electrica
123
Macao do.
110
$30.30
$30
Telephones.....1150-g
$in!
China Bases ......
Tractions
Do. (pret:)......
Industrials
$15
Malabon Sugara
$18
120
Caldbeck, Word) E.
ON SHANGHAI:→
$18
Macgregor prof.)8.
On Demand
$6
Canton Ices.
36
ON KOBK:---
18.05
Cements (comb.)...
$0.25
On demand
$105
(old)... (new)...
$5.05
ON MANILA..
31
On demand
39
$81
ON SINGAPORE:-
Ou demand
ON BATAVIA :-
$29
P
On demand
571
ON SALGON:-
On demand
59
$11
ON BANGKOK :-
$31
On demand
134
Paris New York - Brussels
85 3/32
4.47
93.67
SOVEREIÓNS, Bank Buying
Montreal
4.81.
Rate
1/5)
.M
$415.
BAR SILVER, per ot
17 15,26
$18.80
98.80
$1.90
Vienna
30: nom.
13. C. Enterprises
$2
Rio
41 official
Geneva Amsterdam Mitan Berlin Stockholm Copenhagen Oslo
17.24.
6,25
63 1/8
13.15
10.37
29,40
10.90
United Theatres... 8.
42 oficial
Bucharest
563.
78%
B. Ind. G. Bonds... 78'},
Belgrade
245
premo.
H.B, Gert. Loans........ qui];
Bombay
Wallace Harper....*)
Shanghai ..
Madrid
Lisbon.".
35.15/18 110.
185.
H.K Wing On .............-
$190
Hong Kong
687
Shai Do
$155
Yokohama
Helsingfors Prague
2961 1191
10
$28
1.
Do.
Du.
Ropes...
Miscellansons
Dairy Farran
Der A Wing...nonsor" |
Do.
(now).20 cte.
Nanyang Tobacco.....
Aincerea
Watsons............ Wm, Powells .......................]
$30 M. Greyhounds......
14
*}}
$18
Amusements......
$11
Ch. Etamments......
$3.90
Constructions, (old)
„85 ctm. $390
21
Lane Crawfords..... $4 Mackintosha.......................
$13.60
$9
$2.13
LONDON EXCHANGE
RATES
[BRITISH WIRELERS SERVIČE,}
Rugby, July 30.
Basle (Switzerland) Local Agents Mesars. A. Goeke & Co., were quoted on July 31, in Basle, exclud, ing dividenda Accrued, at £3 3a, od,'
SPECIAL EXCURSION
2 CHANCES TO VISIT.
MANILA
£12
FIRST CLASS
13
INCLUSIVE RATE-HONGKONG TO MANILA AND RETURN, STEAMER YOUR HOTELS DURING 3 DAYS STAY IN MANILA.
***
Ang. "5th"
PRESIDENT CLEVELAND Leave Hongkong 6 P.M. Arrive Manila Leave Manila Arrive Hongkong
***
8 A.M.
· 3 P.M.
7th
15
11th.
PRESIDENT COOLIDGE
8 A.M.
Leave Hongkong Arrive Manila
6 P.M.
Aug. 8th
8 A.M
10th
Dive Manila Leave
3 P.M.
12th
Arrive Hongkong
8 A.M.
14th
Ask For Particulars
DOLLAR AMERICAN
STEAMSHIP LINES MAIL LINE
PEDDER BUILDING-HONGKONG.
CANTON BRANCH:—4, SHAKEM ROAD.
NEW YORK STOCK EXCHANGE:
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG.)
Tel. 28380-Gloucester Building," Room 306.
[SRUIMH'S AMBRICAN SERVICK.}
Low: July 28. July 31.
New York: July 31.
Dow Jones Averages:
30 Industrials
High-1932 108.27
Change
41.22 9464 40 9077. 3.77 down:
20 Rails
56.63
13.20 47.81
46.46 2.35 down-
20 Utilities
-37.56
16.83 21.56
29.99 "1.37 down
40 Bonds
89.84
*65.78 68:53
88.02
21 down
Asia Lands, Limited, has received the following report from their New
York correspondents, E. A. Pierco & Co. We suppose this is what the street has been expecting, namely the secondary reaction. It looks as though the market may drag around the present levels, with the lows of the week before last as a definite base, and for a time encountering resistance at every rally. Wheat: Limits continue to restrict trade. The Winnipeg market is acting well. Primary receipts are falling off sharply. One expert thinks that heavy liquidation is nearly over. Cotton: Rains in the South West belt induced early selling. The market rallied Inter but the continued weakness of other marketa.tanse to minimize demand near the close. Silver: Good trade and invest- ment, buying caused, an advance near the close. Contracts were relatively scarce.
Business Done: 3,090,000 shares.
DIV.
LAST SALE
1982
HIGH
Low PI SE
July 28. July 31.
HIGHER TAXATION FOR
JAPAN? +
101
20%
3.00
Air Reduction
$91
131
424
6.00 Allied Chemical & Dye ****
117
115
90%
4.00 American Can
80
BL
American Smelting
334
зit
137
70+
9.00 American Tel. & Tol.
123
121
PREMIER ON PROBLEMS OF STATE ENTERPRISES.
03
44
5.00 American Tobacco "B"
842
1.00 American Waterworks
404
211
a:
Anaconda Copper Mining
107
16
1512
281
200 Auburn
551
201
43
Bendix. Aviation?
154
13
43+
'18
1.60 Borden Company man
324
30%
20
7
Canadian Pacific
154
90+
161
J. I Case
70
28
40
0.50 Caterpillar Co. tammi
21
19
473
178
200 Cha National Bank
29 bid 28 bið ̈·
87#
1.00 Chrysler Motors
334
・30
081
3.40 Consolidated Gas of N.Y.
534
819.
Curtis Wright
#3
03
3.00 Drugs, Inc., .......
83t
2900
2.00 Du Pont de Nemours
87%
381
3.00 Eastman Kodak
Electric Auto Lita Co
324
6. Electric Bond & Share
*.48
Electric Power and Light..
0.40 General Electric
231
20 401
1.60 General Foods
231
1.
248.
269
44
Asia Lands Limited
Gloucester Building
Tel. 283807
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 Agente
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18824
Buenos Aires........
Montevideo ........... 34 nom, 1/63/64 ..... 1/31/16
Silver (Spot). Silver (Forward) War Loan 34%
1/4 20/32 1/2 13/16
17, 15/16 18.1/16.
98 13/16
Athens
(Continued on wrevipna
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
M.S. "FALSTRIA" Sailing on or about
OUTWARD:
For SINGAPORE and MANILA HOMEWARD:
8th "AUG.
FOR SAN FRANCISCO, etc. 30th AUG.
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 fares Hongkong/San Francisco from 68120 (1st class only)
For Freight and Passage, etc, please Apply torta
The Chinese American Shipping Company
The East Asiatic Co., Ltd.
Agente :
JOHNMANNERS & CO.LTD.
HONG SLINGS
·Officer MXRGANTILE BANK BUILDING (TOP FLOOR), 7, Queen's RD., Uratadi, TELEPHONE : 24071
TOKYO, July 25.
In his week-end press interview at Hayama, Admiral Baito, the Premier, said that the question of appointing Ministers without port folio is still unsettled. He would like to see the Presidents of the Seiyukai and the" Minseite anter bis Cabinet as Ministers without portfolio.
Higher Taxation. Referring to the question of higher taxation, the Premier said that it is bound to come up for debate when the time arrives for the compilation of the now Budget. At the moment, the problem is be- ing studied by the Taxation Re form Preparatory Committee. At any rate, there must be full dis cussion among the members of the Cabinet, before any definite line of policy is framod in this epanection. None of the Ministers seems to be absolutely opposed to the idea of increasing taxes. Mr. Takahashi, the Finance Minister, holds that the increase of, taxes, if carried out at all, must, be effected at a time when it brings really good results.
Government-Enterprises,
As regards the extension of Gov ernment enterprisea „as one means of increasing State revenue, the Departmente concerned seems to he elaborating schemes, though no concrete plans have yet been laid. before the Cabinet Council. As the extension of Government enter prises is destined to affect private.... enterprises to a large extent, plans, though commendable in themselves, may not be capable of execution.-. Japan Chronicle.
201
87
28
68
64
1.00 General Motors.
Gillette Salety. 1.90 Colt Dust
0.80 International Ha -International Tel. 341 1.00 Liggett & Myers
1.00 Loey's Inc. mar. -Montgomery Ward 280 National Biscuit 1,00 National City Ban 1.20 National Dairy
318
104
128
I'
90.00 Otis Elevator
16% 2.00 Pacific Gas & Ele
Packard Motors:
60.50 Pennsylvania Railway/
Radio Corpn.
Sears Boobuck
100 Standard Brands
Standard Ga Standard Oil
Bocony Vacuum
1.00: Tax Corporation.
*Trans-America
$1.00 Union Carbide
8.00% Union Pazilc
United Air and
0.40 United Corporal” United States Ste Westinghous
3.
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