DAILY SHARE QUOTATIONS. Hong Kong Stock Sharebrokers'
Exchange
Впусти Ballers
$1,220
$326
*!!!!
⠀⠀ 14.
Nominal
FRIDAY. OCTOBER 27.
074
H.K. Banki
16 International Assee, S.
Association
Bayar
Bellary
Balen
HOLDS
HONG KONG DAILY PRESS, SATURDAY, OCTOBER 28, 1933.
MONEY AND MARKETS
H. K. STOCK MARKET
Weekly Report
LONDON EXCHANGE RATES
580..
(BRITISH WIRELESS SERVICE)
Oa Amsterdam Athens Belgrade Berlin Bombay Brussels Bucharest Buenos Aires Copenhagen Genera Helsingfors
Sterling Parity
Oct. 23.
7.83
Oct. 26." 7.81)
580
235
235
13.273
13,31
1/0 1/64
1/81/84
29.74
22 50
O.E.
+4. O.R.
92-10
22,40
16.36
Throughout the entire week rates dully tended towards lower levels, with the
of exception sterling securities, for which there was always a ready market.
In the section of smaller issues. $397 Hotels Lights and Cements were subjected to continuous pressure. and close at their lowest.
$8.
The market generally appears, to lack purchasing power and unable Hongkong to absorb any weight of offerings.Lisbon ....
Closing tone weak.
BUSINESS DONE DURING
Madrid
Milan
12.10 Florins 375 Drachmae 278,316 Dinars 90.43 Marks 15. 6 per Rupee.
36 Belgas ... 813,588 Lei 47.56d. per Peso
18.159 Kroner
25.99 Franca 193.23 Mark
110 Escudos 25.22 Pesetay
·02.46 Lire
340
196
10 105+ 37" 60 1/16
$40
16.27
2283
1/5
Banky
****** $1,820
2199
·2108
Do. (London) ...
Chartered Banks ...
210)
Mercantile Bks. "A"
£18
Do...
£15
£15)
$104
Bank of East Asia... 3104
N. O. & S. Barka
37
$20
Am. O. Fin. Corp: B.
5+2
Ch. Fin. Corp. Ord. 8.
35
Do. Prof. S
Insurances
Canton Insurance. „
$2.10
Underwriters
3570
$570
L
3525
Union Insurances ...
$525
$290
China Fires*******
H.K. Fires
$270
Shipping
$34
$34
Douglases
105 27.21/02 59:13/10
$18 $30 135
$17
Steamboats
Indos (pret.)
$30
Hongkong Banks, 1825.
Montevideo Montreal
30.88d. por Pese
36 Nom.
38
Do. (def.)
$35
Bank of East Asia, 8104.
New York
4.867 Dollars 4,807 Dollars
4.831
4.83
4.771
4.74
04/4h $15
Shells.......
China Fire Insurances, 8525.
Osio
18.159 Kroner
19.90
10.85
Waterboats.
$15
Wharves, 81254,
Mining
Hotels, 38.80, 88.70, 86.65, $6.00.
Lands, 878, 877.
Paris... Prague
124.81 Francs
90 20/39
te
Amtamoks
195 eta
'Rio de Janeiro
Balatcos
184.25 Kronen 26.93d. per Gold Milreis
100
1084
+ OR.
41 0.8.
Baguio Gold
83 ota.
Shanghai
1/3 3/16
343
Do. Exploration
Vietna
30 ste.)
Do.
Goldfield
....... 18.150 Kronor 34.58 Schillings 24.50d. per Yen
19.39
1/2
Big Wedge
E. K. 45 ots.
Silver (spot)
Gold Creek.
Silver (forward)
18 1/16 18 3/10
#9
Ipo Mining.
71%
471
Itogons
29/6
Kailans .............
$18
$315
Explorations...“.
$8.85
21****
E3 ota.
38 ct,
40 st.
Ꭿ
፡፡
TH
86 cts.
137
G3/07 late.
$12
Benguet Consolidated
Langkats (single) S.
Shanghai Loans
Raubs......
Tronoh Mince
Venezuela Gold Fide. $81
Docks, Wharv®,
Godowns, etc.
31251 H.K, & K. Wharves..
Providents (old)
Do. (us)...
H.K. & W. Docks
Do
$1474 Shanghai Docks S.
New Engineerings8.
Hongkawi... Landă, Hotels, and;
Buildings
95%
$18
$4.15
36.85
$180
THE WEEK.
29"
Closing Quotations
October 27, 1933.
ON SHANGHA
On Demand
1/33/18 19.301
20 1/2)
18 1/16 "18 3/16.
13
PRESIDENT HAYES
SAILS FOR
MANILA
AND
ROUND THE WORLD
AT
NOON
SATURDAY, OCT. 28th.
DOLLAR STEAMSHIP LINES AMERICAN. MAIL: LINE
**
$5 60
***
$3.70
$1.35
$16
S. Chris Motor
$8
"B
$8
$318
$6.65
378 177
!!!
331
Humphreys, 812.85.
Tramways, $22.30. $22.20, 522.15.. Star Ferries, 100.
Electrics, $76. 876, 575. Telephones, 8351. 3354, 8381, $36, 097 638. 35.60 351. $341. Cements (Combined). $3:80, 83.70.
$31, 93.30, 83.
Dairy Farms, $29.40, Entertainments. $10, $10.10. Benguet Consolidated, $40. Antamoks, 85cts. 75cts. 95cts. Baguio Gold, 65cts. 67ets...
Ewo Cottons, Sh.814.
Singapore Tractions, 2/9.
CHANGES (3.15 PM.) CLOSING
QUOTATIONS
Sellers.
China Lights" (Old), 8104.
Electrics, $75.
3125
KIT
$3,60
$1.10
Sales.
17
Hotels, 86.60.
$5
$147
Cements (Combined), $3.
*9
Benguet Consolidated, 840. Antamoks, 95cts,
Chinase Estates.....
Cotton MIL, EWOB
$108 S'kat Cotton......
Zoong Sings.........
322.10 Tramwaya **********
ng
******
TRAIT4
3131
#103
$13
329
$15
37+ $100
$10.76
H.K. Hotela
$8.63
$6.65
H.K. Landa........8.
577
$R
Shanghai Lands...S.
$14
Metropolitan Lands.,
$7.60
H.K. Healties.......
571
$139
Chins Do ...........8.
$137
Do. DebenturesS.
512)
Humphreys .........
New Asia Hotel
180)
$140
Awin Realties "A"8.
$20
Do
"A".
st
$131
$13.90
813
372-
Wing On Textiles(S.)
Public Utiliting
$154
Pook Trams (old)...
$73
Do. (new)..
Star Ferries.
$294
Yaunati Ferrieɛ ... $23
Chins Lights (old)....
$11
Do. (new)...
$75/76
H.K. Electrica
$753
123
Macao do.
$704
Sandakan Lights .......
$38
$357.60
Telephones
138.80
9111
China Buses......8.
29.
101.
Do. (prot)....
315
Malabon Bugars
321
Caldbeck, Nord.) 8.
$19)
Macgregoraf(pref.18.
36
Canton Ices
Cements (comb.)...
$3.40 $3,40
33
Do
(old)...
125, ats
Do,
(new)...
$72
Ropes
$8
$3.40 (10 cla 57.55
$28)
Dairy Farms
$29
$1
+
Der A Wing.....
$10
Amusements més
19
***
$2.90
Constructions, (old);
$3.10
80 cts.
Do,
$3.95
Lane Crawforda...
(now) 85 che
$3.80
Mackintoshe
Nanyang Tobacco..
$4,20
$14.10
354
$10
M. Greyhounds.......
$14
.& C. Enterprises
#
$1
United Theatres... 8.
781.
B. Ind. G. Bonds... 7777,
prem.
H.K. Govt, Loans... #103)
38
$170
BLK Wing Ou
Wallace Harper......
#176
+++
$146
$3.30
Tractions..........
Industrials
Miscellaneous
$10.10 Ch. E'tainments...... $20
$21
$14
$8.10
Binceras 22: Watsons........
Wm, Powells
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 Agents
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18624.
Telephonies. 8341.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.. REPORT
Messrs. Roza Bros., have for- warded us the following exchange market report for yesterday:-
Silver prices were unchanged yesterday the quotations' remain- ing, at 18.1/18 for Ready and 18. 3/16 for Forward. Silver advices reported the market as being fea- tureless. Indian Bazaars" bought to a small extent. The Continent sold, America was inclined to buy. In America the rate was lower at 32 for Bpot. The tone was steady.
New York advices reported the opening rate at 4.75 and the closing rate at 4.74.
Market. Dull, the tone was steady.
Sterling Business was done during the course of the morning at 1/5.1/16 for near followed subsequently by transactions at 1/5.3/32 November. The market closed at lunch time with sellers at 1/5.1/18 October/ November, 1/5.3/32 second half November and probably 1/51 De- rember, buyers at 1/5.3/32 Octo- ber/November and 1/5.5/32 De- cember.
U.S. Dollars.
Stockholm
Yokohama
War Loan
ON LONDON:
On demand
1101
66 nom
Telegraphic Transfer... Bank Bills, on demand/1/2 Bank Billa, 4 months'
night
ON KOBE
On demand
OF MANILA:
1/4
On demand
Credits, 4 months'
sight
O SINGAPORE:-
1/50
ON BATAVIA:-
On demand
OR SAIGON:-
On demand
ON NEW YORK:-
Bank Bills, on demand 33 nom Credits, 60 days' sight. nom
ON PARIS:-
Bank Bills, on demand 663) Credits, 4 months' sight 802 ON INDIA-
Telegraphic Transter...) Bank, on demand
1931
ON BANGKOK
On demand SOVEREIGNS, Bank Buying
Rate
BAR SILVES, per of
544
661.:
134 com
1/8 .......18 1/15
LONDON FINANCE NOTES
(Special Al-Mail Service)
MOLASSES INTERIM
STATEMENT
London, Oct. 10-Preparations, it is officially announced, are now being made for a reorganisation of the capital of United Molasses and for dealing with the Preference dividends, which have been in ar- rears since the end of December, 1930, The company's books will be closed on Sept, 30 for this purpose and a scheme furnished with the audited accounts this autumn. Since last April the position has Improved.
In the interim report issued last night it is stated that the fall in the consumption of molasses con- tinued until the middle of the year, and the trading profits during the first six months were insufficient to cover full depreciation. Since then there has been an improve ment in some of the most im portant markets, and it is believed that the fall in consumption has come to an end.
The entire shareholding in Duu- bar Molasses Corporation and its
a final payment of 3 p.c. and a special payment of 14 p.c. out of profits from investment sales. The distribution involved a sub- stantial draft on reserves.
STEWARTS AND LLOYDS OVER £1.
more hopeful
ferred shares pässed 20s yesterday When Stewarts and Lloyds De- they were exactly double the low- year. They have risen from a level price to which they fell last lowest in the present year of 12s 41d. The return of the quotation to par indicates that in trade and market circles view of prospects is taken than for some years past. During the made important associations with past year or two the company has other tube-producing concerns, and now a very big measure of Ra- tionalisation exists in the industry, while important selling agreements have been arranged with foreign competitors." The big scheme at
Corby is a further and outstanding
example, of the company's'.enter- prise. Whether all these develop- ments will be crowned by the
restoration
of dividenda on the Deferred shares for the current year is a point which must be left for the annual report next to disclose. The last
Business was done at 33 for associated companies have been November, 33 and 38/13/16 De sold, so that United Molasses has cember. The market closed with
nó direct or indirect financial in- sellers at 33.7/16 October/Novem-terest in that undertaking or in ber and 33.11/16 December, buyers c. U. Snyder and Co., Old Time April at 33.9/16 October/November and Molasees, or Rossville Commercial dividend on the Deferred was 34 33.13/16 December.
Alcohol Corporation. In addition, per cent, less tax, for 1830. Yeg. Merchants were quoted at 117 have been sold, and with a reduc
marketable "securities for £125,000 ·JOSEPH LUCAS RESERVES, for near delivery.
tion in stocks a bank loan of £029,000 has been paid off- A
Shanghai Dollara Shanghai dollars were quoted at 111.5/15 for near delivery.
Shanghai.
Quiet. Sellers were Indicated at 1/3.5/16 for near, buyers at 1/39 October,
IN THE AFTERNOON. The market was steady in the afternoon.
Sterling.
In sterling business was done at 1/5.3/32 for near delivery, closing with sellers at 1/5.3/32 for, near, buyers at 1/5k.
sum of 297,000 in respect of a motor vessel has also been repaid. United Molasses shares, which run up to £81 in 1929, in the boom, were a dull market last 'night' at 12s. 4jd.
BABCOCK AND WILCOX PAYMENT.
The
ני
·FEBDER BUILDING ---HONG KONG.
CANTON BRANCH-4, SHAKER ROAD.
NEW YORK STOCK
EXCHANGE
་
ASIA LANDS, LTD, QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 2360-Gloucester Building, Room, 306.
(REUTER'S AMERICAN SERVICE)
New York: October 24.
Dow Jones Averages:' High-1832
30 Industrials
108.27
20 Raik
"38.53
37.73
199.07
20 Utilities
40. Bonds
Low: Oct., 26, 41.22 93.54′′ 13:2789.72 16.53 · 24.01 65.78 83.87
Change
Oct., 20,
9.02 1.59 down 37.87 86 down 91.30.60 down' 83.69 .98 down
Asia Lands, Limited, has received the following report from their New Yorks correspondente, E. & Pierce & Co. The sell-off today, accompanied by the small volume of pressure, did not seem aggressive. It appeared as though traders have re-assumed their wailing attitude, watching for further news and developmentë, particularly anything indicating better. ..... trade results.
Wheat: Buying for the last two days on the gold policy subsided, a lack of short interest making the market vulnerable. Washington developments keep the Trade nervous
Cotton: Irregular and reactionary in sympathy with other market. Pressure was not heavy and speculative demand was less active
Silver: There was some selling from scattered forces as the result of the uncertainty and the lower foreign markets.' Trading was quiet. Business Done!! 1,220,000 shares
LAST SALE Oct.25. Oct., 98.
108
1932
DIV.
HIGB
Low PIL'SH.
105)
307
3.00 Air Reductioné,
$1011 - #1013
1424
494-
6.00 Allied Chemical & Dye,
130
131
Big
206
4.00 American Can ......
001
"SK
423
American Smelting..
49
"
418
1371
707
9.00 American Tel."&" Tel.
118
1142
941
44
5.00 American Tobacco *"
794
43+
31
1.00 American Waterworks
211
204
22%
Anaconda Copper Mining
15
14
1531
28
2.00 Auburn
39
37
21+
4
Bendix Aviation
13
12
18
1.09 Borden Company :21
20%
7
Canadian Pacific
231
23
134
12
103
161
64%
201
48
0.50 Caterpillar Co......
47%
178
40
2.00 Chase National Bank' 1.00 Chrysler Motor
the
681
63$
It
801
324
48. 16
0.40 General Electric
201
401
100
1.60 General Egods "!...
24
1.00 General Motors
242
101 LM Gillette Safety
balance sheet of Joseph Lucas affords the clue to recent proposal to distribute a 100 pc. capital bonus to Ordinary shareholders out of reserves. is revealed by the accounts that, apart from the transfer of £50,000 from the past year's profits, the reserve has been augmented by no leas than $281.407, representing a further surplus on realization of Shareholders of Babcock and investments in subsidiaries. This Wilcox, recalling the cautious tone
raises the total fund to £1,066,407. of the chairman's speech at last years meeting, will not be aur-
It is pointed out that most of prised that this year the com-
the new interests taken over from pany has again' had to reduce its time to time were acquired by interim dividend, and is paying a allotments of shares at ́s pre p... compared with 44 p.e. last malum, or what in effect amounted year, the heavy constructional to a premium, Consequently, "the industries there is necessarily a ultimate winding up of some of long time-lag between the placing these acquisitions for the purpose of an order and its completion, of consolidation has resulted in a
felt the full impact of the slump. reserves. Taking into account From the Kwangtung: Raw Silk
In these circumstances the dis- share premiums of £294,825, the Testing Bureau, Department of Re-tribution can be regarded as reserves Aggregate £1,351,032, construction, Canton, China:-- satisfactory, and is certainly a that, after providing the X975,300
good
deal better than some for the proposed ahare bonus, market interests had expected In- there would still remain reserves deed, a few weeks ago the shares of £375,732, dropped quite sharply on feara
U.S. Dollars. Business was done at 33.9/16 for near delivery, closing with sellers at 33.9/18 for near. buyers at 331..
Canton Silk Market and Babcock has only recently large surplus being available for
CANTON QUOTATIONS
October, 20. Extra O. 8. 13/16 HK: 560N... Small Extra 0.8. 13/16, E.K.
$630N
Crack N.S. 14/16, H.K. ION. Extra Extra 20/92 E.K. $400N, Waste N.3. Open, H.K. #90N.
YOKOHAMA QUOTATIONS.
October 26. Spot, Yen 700. Bourse 8. Months Yen 701.
that the interim might be passed The realisations referred to are altogether Recently, however, bet reflected in substantial increase ter reports led to some bear cover-in liquid. resources, cash having ing and to a rapid recovery in the risen from £196,327 to £244,867, quotation. This, rather than any, and investments in British Gov- real disappointment with the ernment and municipal securities dividend, possibly explains the from £178,413 to £321,580, Invest- reaction of 36s yesterday. Last ments in subsidiaries have de- year the interim was followed by i crned from £488,970 to £285,092
511 132
3.40 Consolidated Gas of N.Y.
Curtiss Wright Limitini 3,00 Drugs, Inc.: tumani 2.00 Du Pont de Nemours 3.00 Eastman Kodaż pom
Electric Auto-Lite Epi Hi.......
8% & Electric Bond & Share... Electric Power and Light...
16 Gold Dust.........
0.60 International Harvester
International Tol & Tel. 4.00 Liggett & Myers B"
1.00 Loew's Inc
Montgomery Ward ....
2.80 National Blecunt
10
1.90 National City Bank 1,50 Nañoña] Dairy Prod
0.69 Otis Pevator
18k
2.00 Pacific Gas & Electric
Packard Motors
6 0,50 Pennsylvania Railway qu
Radio Corpo.
Sears Rocbatros sobre
199 Standard: Frühds ta
Staudara Ge******
1.00 Htandard Oil Có, of New
Jersey
Socony-Vacuum Borne.
•1.00 Texas Corporation
Trane-América
1.00 - Walön Carbido & Ca
a ong Eshion Pacião fyris
United Air sadja, 1.40 United Corners
191Bid 201Bid
412
421
78
41
104
27,
12
37
12)
21 Bid 21 Bid
13
38
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