1933-08-04 — Page 13

DAILY SHARE QUOTATIONS

$1,835

HONG KONG STOCK

********!

EXCHANGE.

Sales

Nom!!

TRA

284 £9%

| THURSDAY,

SHAREBROKERS'

ASSOCIATION."

AUGUST. 3.

Buyuru

Batters

Bales

ex div. £130

215

***

$20

Banks

H.K. Banks

Do. (London)

Chartered Bank

Marcantile Bks. "A"

Do.

Bank of East Asia...

N. O. & S. Barks...

Am. Q. Fin.Corp:

16.40 Ch Fin. Corp. Ord. B.

Do... Prol. S

C

: ៖ ៖ ថ្មី៖

Datum:

$1,830

213

£34

时

$101

$7

***

***

·IS 00

Insurances

Canton Insurances.....

$310

3310

$1.40

Underwriter ******

JA35

Union Insurances... $537

$695

China Fires

1590

3276

H.K. Fires

$262

95.00

International Assce. 3,

Shipping

32

Douglanes

Steamboats

$30

Indos (pref.)

$32

Do, (det)

Sholl

$35)

$10,10

50/- $15

98/9 SIBL

54

$1293

$6.10

Waterboata

Mining

Benguets...

Venezuela Gold Fida $4,80

Kailans

Langkats (single) &..

Exploration...... d.

Shanghai Loans 8. Raubs

Tronoh Mines ...... 28 eta. Benguet Explorations

Docks, Wharryss,

Godowns, sto.

20:

$78

$783

!!!!!!!

HÒNG KONG DAILY PRESS FRIDAY, AUGUST

1933

MONEY AND MARKETS

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL QUOTATIONS

There is nothing fresh to be not- ed in the state of the market to day, and with the exception of a few parcels changing hands in the investment section, general quiet- ncas prevailed throughout the day,

Sales.

Hong Kong Banks, $1,650. Union Insurances, $550. Hong Kong Lands, 878). Electrics, $341.

H.K. Fire Insurances, 8275. Douglases, $32).

$34

$18

$30

Buyers.

$30

52/.

Bank of East Asia, 8101.

$10

Canton Insurances, $310.

Union Insurances, 8540.

Underwriters, $1.90.

$35

25/.

$161

$4

$9.60

12/

IN

"

$129

Indo-Chinaa (Def.) 839),

Benguet Consolidated, $351. Raubs, $101.

Hong Kong Lands, 878.

Peak Trams (Old), $15).

Star Forris, 895.

China Lights (Old), $12.80 China Lights (New), $12.40 Electrica, 874).

Telephones, $30.40.

EK. & K. Wharres.

$3.20

Providents (aki) ...]

$3.80

$1.40 "

SIBI

UL.K. & W. Dooks

Do. (new) ***

#140

Cements (Combined), 86.05.

917

Cements (Old); $5.

$10

18

*

S. China Motors "A

Do..

304

Dairy Farms, 829).

"B"

Saj

Lane, Crawfords, 83.90.

$149

$142

Constructions (New), 80 cents.

*71

971

Shanghai Docks 9.

New Engineerings.j

$337 Hongkawi ........ Lands, Hotels, and

$7.29

1311

Buildings

H.K. Hotelased nangi H.K Lads... Shanghai Land....8. Metropolitan Landa.. H.A. Realties........ Chins Do......... Do Debentures S.

Humphreys ******* New Asia Hotel ...

ין

Chinese Estates...................

Tramways es

Da (Dew)...)

Govt. Loans, 3 per cent. Prem. Sellers.

Ewo Coltoas, Sh. $15.

Wharves, 81294.

€7.90

#78

Hong Kong Trams, $23. Sinceres, $13.60.

* 2!!!

:

$53

Cements (comb.)... 10.05

Miscellaneous

#108

SHANGHAI RUBBER "QUOTATIONS

BENJAMIN & POTTS REPORT

The following are the latest Rub- ber quotations received by cable from Benjamin & Potts Shanghai office:-

Rate on Rate pa

LONDON EXCHANGE

RATES

{BRITISH WIRELESS SERVICE}

THE EXCHANGE MARKET

MESSRS. ROZA BROS.. REPORT

AMERICAN WHEAT FOR ORIENT

SHIPMENTS FINANCED FROM PROCESSING TAX

..

LI-

Silver prices dropped 1/8 yester-

Washington, July 9-The United day for both deliveries, the quota- tions being 17.3 for Ready and States will not wait for the world 17.7/8 for Forward, Silver advices wheat-growing nations to arrive at an agreement in London, the U.S. The tone at the Department of Agriculture reported speculators as having sold. China bought close was steady with America hav-nounced to-night, but will sell ing bought at 1/8 over the quoted wheat to any nation that wants it rates. In America the rate was and will Ânance the shipments higher at 30 for Spot The tone from the processing tax that is was steady.

now being imposed.

New York advices reported the opening rate at 444 and the closing rate at 453,

Market,

8

The market was firm for U.S. Dollars but easier for Sterling.

Sterling.

The Secretary of Agriculture said that, in view of the fact that most European nations have im- port quotas on wheat, the sales efforts of the Agriculture Adjust- ment Administration will concern. trate its efforts on selling wheat fr the Orient. He said he believed 'that China and Russia would need more wheat than they had ordered. Business was done shortly after

favourable credit Especially the opening at 1/4.15/16 for cash followed by transactions at 1/4 terms can be given on wheat, the 15,18 for second half August, 1/4. Secretary of Agriculture said, andİ, 29/32 for near delivery. The market if the socks of the northwestern closed at lunch time with sellers at states is purchased, transportation 1/4.7/8 August, 1/4.15/16 Septem-costs will be lowered. ber, and 1/4.31/32 October, buyers at 1/32 higher respectively.

Gold Dollars.

"We would like to build up a permanent market in the Orient and, in so doing, we can give long- term credits at the most liberal rates of interest," he said. We can even finance the shipments with the processing tax

Business was done during the course of the morning at 39 for cash and 3.11/16 September. "The Mr. Wallace's Pessimism, market closed at lunch time with

Mr. Wallace indicated that efforts sollers at 321 August and 32 Sep would be made to dispose of the tember, buyers at 1/8 higher respec-surplus stocks before the end of tively.

Yen.

the forthcoming harvest and pre- dicted that, with the disappearance. of the surplus, world prices would Merchants were quoted at 114 for be greatly improved., near delivery.

Shanghai Dollars. Shanghai dollars were quoted at 112.1/8 for cash.

Shanghai.

4:

,"

Sellers were indicated at 1/8.1/8, buyers at 1/3.3/14 for near delivery

** IN THE AFTERNOON..

The representatives of the wheat nations will re-convene in London on August 92 and attempt to reach an agreement on production and export quota. Mr. Wallace was sceptical, however, of the success of the meeting.

He pointed out that the first meeting failed to reach any kind of agreement. In the meantime, each nation is trying to sell its surplus stocks and the United States might as well do the same, he said.

The total processing tax 00 The market was quiet in the wheat is thirty cents a bushel. As afternoon.

much as two cents of the tax on each bushel can be used in firmn- cing sales to China and other east- ern nations, Mr. Wallace said.

A.

Z

Sterling,

In sterling business was done at 1/4.29/32 for near delivery, finish- ing with sellers at 1/4.7/8 August, 1/4.15/16 September and 1/4.31/32 October, buyers 1/4.99/32 August, 1/4.31/32 September and, probably 1/5 October.

af

Gold Dollars.

Business was reported at 32.9/16 for near delivery, At the close there were sellers at 32.7/16' Augušt, · 32.9/16 September, buyers at 39 for near and probably 32. 11/16 September,

EXCHANGE

414

$6.10

415

3137

$14

$140 1120 $7

Asia Realties “A” 8.

Do.

"B"8.

Cotton Milla

#15

Ewos

.8. 31455]

$109

S'hai Cottons.............. §.

$141

Zoong Sings. S.

SUI

190

Wing On Tartiles(8.))

$90

Public Utiliting

$23

223

26.7.33 2.8.33

$154

Posk Trams (old) ...!

415

Anglo Java

84.75

$72

$7+

Anglo Dutch

2,75

$5.00 2.78

$90

Star Furrice

Batu Anama

42

:.37

125

Yaumati Ferries

B

$251

144

Chemora

.44

$12.80

Chins Lights (old)...

$13

Consolidateds

.38. 1.650m. 1.65nom.

$12:40

$74

Do.

(new)... $12.40

Kroewocks

.45

*37

3741

H.K. Electrics......

$74.15

Repahs

.43

.38

$23

Macao do.

FOR

Tanah Merahs

*.96

.86

$104

Bandakan Lights ....

Tebongs

.54

.45

$30.40

Telephones...

$30.40

Ziangbes

5.75

4.75

$111

China Buses... 8.

-

9.

Tractions

10-

Do. (pre).DAR

Industrials

$15

Malabon Sugars

$15

$20

Caldbeck, Yord.) 8.

$18

Macgregors f(pref.)8.

16

Canton Ives

122

$6

28.10

Di

(old)...

35

$1.07 #9.10

Do.

(DOW)...

11

Paris

64 25/32

Kopes

$81

New York

4.484

Montreal

4.79

Brussels

23.773

3201

Dairy Farros

$29

Geneva

17.15

$1.

Der A Wings......................

Amsterdam

8.22

$12

Amusement...

812

Milan

63%

$11

Ch. Ftainment........

$11

Berlin

13.92)

$3.00

Constructions, (old)

$3)

Stockholm

10.371

August 3, 1953,

.80 ata.

(new) .20 cts.

Copenhagen

$380

Lane Crawforda.......$

22.40

19.90

| CIN LONDON C-

$21

***

30 nom.

$4.18

Prague

113

$13.80

313.80

19

$8.80

Helsingfors

220)

142

Madrid

304

$2.10

Wm. Fowellsalus

$1.90

Lisbon

110

$10

M. Greyhounds

Credits, 4. months'

sight

W

15

$92

3. C. Enterprises ...

Athens

3971

ON NEW YORK:---

-་་

+++

$2

United Theatres ....... Si

Bucharest

565

· 79*%.

B. Ind. G. Bonds...

78.

Belgrade

.240

3%

prea

„ILE. Gort, Loans.] $193 {ex" int

Rio

41 official

Wallace Harper.......

Buenos Aires

42 officiel

*f་

$186

H.K Wing Oo, *******

$190

8 bai

Do

$155

Bombay

Shanghai

Telegraphic Transter...

Hong Kong

1/4/29/32

Yokohama

WEEK DAYS.

SUNDAYS & HOLIDAY,

Silver (Forward)

1/2 17%

ON SHANGRAY

On Demand

Silver (Spot)

ON KO

FOR

War Loan 34%

08 15/16

FROM G.P,0.

Fox ŠKRUNGWAJ BRANON P.O.

FROM 6.P.O.

SEHUNGWAN BIANCE

·P.0.

7.16 2.0, &) [ 7,00 mm. ....00 pix

17.00 p.m. 4.00pm.

(7.16.1780 .. ****j è 1.16 p.m.

11.80 p.

(775 am. d) 'j 7,00 am, d

$5.00 Puzz

17.00 pm.

100 p

7.15 pin. Bindays $.10 2 only 6.00 p,201

9.00a.m.

6.00 .:

(BY) 7.15 a..

Canton

Do.

Mackintoshe ru

Nanyang Tobacco...

Binceres mu Watsons

LOCAL, AND REGULAR OUTWARD MAILS,

Bamahal and Auchow (By 5.00 pm,

direct steamer) "

Reno & Tanaban

Zongmoon (arcept Saturdays)] · 0.00 gam..

Kaukong (except Saturdays)}

fatsban and Wochow (By)

Trainy

Til...

Tai Po

6.00 p.us.

Shumebun

Cheungshow

100 p.rs,

8.00 p.

9.00

aco p..

$1.00 p 18.00 p.bs.

8,00 2.m

7.15 am,

11.00a.m.

11.00 3.12.

11.00 1.2. (11,00 4.30.

& 6.00 pm.

8.00 2.

13,00 8.301.11.

10.30am.

1.00 puh. Bundays 8.50 1.2. Lonly

5.00 p 6.00 pixe

Aberdeen

Stanley

Pingshan

Bentló Basisakok ande

1280 pa 8.20 m

800 pap

4.30 pm

10.2.

7.00

Uslo

Vienna

Montevideo

34 nom.

1/8 3/32

1/3 1/16

CLOSING QUOTATIONS

Telegraphio Transfer... Bank Bills, on demand Bank Bills, months*

sight

Bank Billa, on demand 3:2 nom "Credits, 60 days' sight.. nom ON PARIS

Bank Bills, on demand n

Credits, 4 months' sight:697]

ON INDIA

Bank, on demand'

As the price of wheat advances, the tax, will be lowered but the advance will depend to a large extent on the disposal of the sur- plus, according to market experts.

RUSSIAN OIL FOR JAPAN

FIERCE COMPETITION

EXPECTED.

TOKYO, July 25. The first oil tanker "for Mr. Matsukata's contract with the Boviet Government is due here in a week or two. It is feared that this shipment will mark the start of keen competition between Boviet oil and those belonging to the Conference.

The Conference. Consumers" here have hitherto been more or less sceptical of the possibility of Japan's ntinuous The import of Caucasus, oil. Soviet Trade Commissioner, in his statement to motor-car associations, now makes its attitude 1clear that it is ready to assist Mr. Mateukats in guaranteeing delivery in" due time This Sovjet amistance, fogė ther with the competition already existing between Soviet oil and the Conference members, renders the situation very delicate.

Cutting Prices,

(Continued at foot of next column)". In Kanagawa where competition

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

Canton Agente

John H. Ferguson & Co.

B. C. Shameen.

Tel: 18624

**ASIL..

iakoen, the Conference recently reduced in afficial quotation to 40 This caused the Soviet oil supplier to reduce its price to 30 sen. A further bue se fall is now reported. In the Komin market, whereas Boviet oil quotes 38 sen, the Conference is ready to accept,

PRESIDENT Liners

Fastest Time Hong Kong to Pacific foast.

To SAN FRANCISCO 19 Days via Shanghai, Kobe.. Yokohama, Honolulu

Fortnightly sailings

Pres. Coolidge ........Aug. 18, 6 a.m. Pres. McKinley

....Ang. 30

TO VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama

Fortnightly sailings

Free. Cleveland ...Aug. 11, Midnight Pres. Jackson se ma

Aug. 25

Pres. Jefferson...

Sep. 8

Pres. Coolidge Pres. Wilson* ***

*

Sept. 28 Oct. 10 Oct. 23

Free, Grant.

Sept. 22

Pres. Cleveland ...

Sept. 50

Pres. Jackson

...Out 14

Pres. Hoover...... Sept. 13 Pres.-Lincoln

ROUND TRIP FARES TO EUROPE & AMERICA,

Direct Special through rates to Europe vis ́ ́United States. connections with all: Atlantic lives.. Cholon of rail lines across United States and Canada, liberal stop-over privileges for.

Sight-seeing. Full particulars upon application.

Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Strálts, Colombe, Bombay, Suez Canal, Alexandria, Naples, Gance, Marseilles, New York and Boston.

8 a.m..

Pres. Monroe. Proa. Van Buren Ang. 19 Pres Garfield

TO

Next Sailing. Next Sailing.

.Sept. 2

Pree. Folk

Pres. Adama

Sept. 18 ..Sept. 3:

Pres. Harrison

.Oct. 14

MANILA

...Pres. Monroe Aug. 5, 8 a.m.

Free Garfeld Pres. Jefferson

Pres. Cleveland Aug. 5, 6 Pres. Coolidgeɔg. B Pres. Van Buren.

...Aug. 19

Sept. 3 Pres. Jackson

Pres. Hoover aunene in Aug, 19

Fept. 3 Proa MoKinley...........dug. 23- Free, Folk ................... Bopt. 18

Connecting with 3.8. MAYON TO CEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

"FEGREE BUILDING--HONG KONG. CANTON BRANCH 2004, BHAKEE ROAD..

7

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN "HONG KONG.)

Tel 28380-Gloucester Building, Room 206.

{RECTERS AMERICAN SERVICH.)

New York: August 2 Dow Jones Averages:

30 Industrials

BARAS

20 Rails

20 Utilition

40 Bonds.

High=1938

108.27 66.53 37.73

89.07

Low: Aug, 1. Aug, 2.

41.32 92,70 13.2846.81

16.53 31.01

65.75 89.00

Change

9484 214 up

47.64

.83 up

་ .31.78 88,05

.77 mp

.04 down

Asia Lands, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. The strength prevailing this afternoon was evidently due to the Washington dispatch to the effect that the Administration had not abandoned & programme of possible inflation but was prepared to use this means if the situation demanded such action. In other words it looks as though the so-called “inflation” policy is still the most potent market influence. However, it is not established that the market at this particular time has the ability to go through last week's highs. Wheat: Frices opened at limit busi reached immediately thereafter. The Washington despatch precipitat ed abort covering and induced buying by commission houses. Cotton: Nervous and erratic and easily influenced either way. The early advance attracted considerable realising. Prices subsequently advanced rapidly on inflationary rumours Silver: The market ad marrow reflecting uncertainty on the part of buyers and sellers.” Con- finental banks are reported as sellers on bulges. Inflation rumours near the close encouraged, buying. Businous Done: 1,730,000 shares..

1939

Drv.

HIGH Low PER SE 1017.

2.00 Air Reduction

8.00 Allied Chemical & Dye

4.00 American Can.....

American Smolting.....

9.00 American Tel. & -Tel.

6.00 American Tobacco "B" 1.00 American Waterworks

Anaconda Copper Mining

301

181

42

yo

40g

137

33

44

*40

214

3

61512

: 200 Auburn

431

· 19

160, Borden Company

·J. I Cases

0.30 Caterpillar Co.

SOR

208

011

83

-321

48

16

The Conference is studying its attitude against Mr. Matsukata's activity, but there is at present no effective remedy. There are even signs, socording to the Japanese press, of an internal trouble de veloping and the market quotation ming down-Japan Chronicle, CA

281

..04)

31

23

On demand ON MANILA ZA

On dézsand- ON SINGAPORNS On demand ON BATAYIN

On demand

On demand

1281

ON BANGKOK :-*

451

Me On demand

Boverziɑns, Bank Buying

Bate BAN SILVER për da

incidere

Bendix Aviation

Cinädian Pacific....

2,00 · Chasa, National Bank

1.00 Chrysler Motors

3.40 Cousolidated Gas of N.Y.”

Curtiss Wright

3.00 Drugs, Inc

2.00 Da Fort de Nemours

3.00 Eastman Kodak Ä

Electric Auto-Lite Co

0% * Electria Bond & Sharë. Electric Power and Lig

0,40, General Electric

1.60 General Foody"

1.00: General Motors

108

: 1. Gillette Salety.

LAST BALX

Ang, 1. Aug, 2

2011001

116 117

84) 80

231

343

1928

84) 881"

201

169. 17

57

31

32

16

5:1.29 Gold Dust .....

400 International: Harves

-International Tel

4.00 Liggett Myers LDO Loews I. *** Montgomery Ward, 2.60 National Biscuit... 1,00 National City Bank 1.20 Nations Dairy Pr 0.60 Otis Elevator. 2.00 Pacific, Gas &

Packard Mofor

0.50 Pennsylvania

347

802

bid 331 bid

Standard Oil

Socony Vacuum Corpo, 1.00 Texas Corporation Trane-America

1.00 Union Carbide & 8.00, Union Pacifo

United Air and 0:40 United Corpora

United States Ste Westinghouse E,

TERASA FORNIRE SEN