DAILY SHARE QUOTATIONS Sharebrokers Hong Kong Stock Exchange
Buyer Ballar
$1,815
Bairs Nomina!
Association:
FRIDAY. NOVEMBER 3,
Buyers
Ballara
$1,830
*
£180
£15
Banks
H.K. Banki
HONG KONG DAILY PRESS, SATURDAY, NOVEMBER 4, 1933.
MONEY AND MARKETS
LONDON EXCHANGE RATES
H. K. STOCK
$1,800
MARKET
Do. (London)
2281 E
Chartered Banks ... Mercantile Bles. “A”
2153
E35
YESTERDAY'S OFFICIAL
"C"
$104
Bank of East Asia....
£18) 3104
On Amsterdam
N. C. & S. Barks ....
37
320
Am. O, Fin. Corp:
Athens... Belgrade Berlia
Do.
Ch. Fin. Corp. Ord. 8.
Do.
Pref. 8
Insurances
Canton Insurances....
Underwriters cùn
12:14
$3271 312
3570
3820
QUOTATIONS
Chief excitement in the past week was concentrated on Telephones, which starting at 347 at the close of last week, rapidly fell to 831, and In the again reacted to $32. meantime, some thousands of shares 3270 changed hands both for cash and for
forward delivery, the latter pre dominting. The rest of the market during the same period manifested a werk tendency all round, and, with the exception of sterling secu- rities and Hotels, demand for which holds up well, the rest of the list. is lower.
395
19.10
3576
$675
Union Insuranoes
$525
China Firesoựm
$200
H.K. Fires...........
$8.10
International Assco, §.
Shipping
$34
$34
Douglases
$18
Steamboats
130
Indos (pref.)
$35
Do. (def.)
06 3
$17 $30 $35 .se/-
Sheils
$15
Waterboata
*********
90 ets.
$37
Mining
Amtamoks
Balatcos.....
82 cts. Baguio Gold
$10 Benguet Consolidated
Itogona.....
Kailans
*****
Langkats (single) 9.
Explorations......8.
241 143 oka.
Closing tone werk. BUSINESS DONE DURING THE WEEK.
Hongkong Banks; $1497), $1630 Union Insurances, $565, $575 Hotels, $6.60, 36.65, 38.55, 86EI Lands, 877
Tramways, 911, 891:60, 821)
Peak Trams (Old), $15
Peak Trams (New), #7
Electrica, 875 874
Telephones, 83411, $34, #331, $32)
$32.30
Cements (Combined), 83, $2.68,
82 cts.183 olm
180 eta.
[10 ét
Do. Exploration
[30 c16.
Do. Goldfield ...
132 ata.
Big Wedge
197 a
36
Gold Creek
19.
Ipo Mining.........
25).
29/3
$181
STE
81.00
$4.60
$6.95
Shanghai Loans 9.
$8.95
$21
$11
Raube ...
$184
Tronoh Minea ......
19/
Venezuela Gold Flds. $54
Docks, Wharyss,
Godowna, sta
$124
H.K. & K. Wharves.
3124
$3
་་་
13}
31.35
$1.30
$18
H.K. & W. Docks
317
#6
S. China Motors A
34
"
18
$148 $8
18
Provideatz (old)
Do (new)
Do.
$148 Shanghai Docks 9.
#$0.50/55
$350
$1.00
New Engineerings.
Hongkwa.....B
Lands, Hotels, and; Buildings
H.K. Hotelpa non IK Hands .......... Shanghai Lande...8.
Metropolitan Lands.. H.K. Realties........................
4
S'ha Coltons........ Zoong Singa S Wing On Textiles(8.)
Public Utiliting
Tramways
$6.46
161/6.55
$752
36.90
$13 181
361
$75+
$14
$6.00
$15
China Do
$137
Do. DebenturesS.
$12
Humphreys
New Asia Hotel -...
$140
$20
Asia Realties "A"S.
Do
"B" B.
584
Chinese Estates......
Cotton Mill
$134
$112
$115 313
$131 $77
21:00
***
21.60 $214
$154
Pork Trama (old).....)
***
$73
Do. (new)....
$99
Star Ferries
$16 $74 5901
$83
Yauma Ferries...
$23
$10.30
China Lights (old).....
810 181
$10.20
Do
(bow)...
$52
$744
H.K. Electrica
3742
$23
310
$327 | 381/30)
$32.20 $32)
2:32:
29
15/.
Do. (pref.).....
Industrials
$16
Malabon Sugars
121
Caldbeck, Vard.) 8.)
$19 Macgregors f(pref.)6.
$8
Canton Ices *******
$24
Cements (comb.)...|
$2.40 $2.60
52.46
Do
Eats
Do.
$7 08 $7.05
$29
$1
Macao do. Jh...*.
Sandakan Lightą..........
Telephones.....
China Buses.............. 8.
Tractions **********
(old)... (DAW)...
Ropes ravaan
Miscellanions
Dairy Farms.....
Der A Wings.is.121.
310 Amusemente not's
++
310.10 Ch. Fbainments.....10.20
$2.80
..70 ate.
$3.90
$21
$14.
$2.10
310
12
78%,
prem
38
Constructions, (old)
Do.
***
(new) 76 ota.
Lane Crawfords...... 34
Mackintosh ......
Nanyang Tobaco...
Bincares
Watsons...ADLINERIAUS
Wm. Powells
M. Greyhounds
8. C. Enterprises ...
United. Theatro ....... 8.
B. Ind. G. Bonds... 77.
HK. Gort. Lonas.... #11937
Wallace Harper................
10 H.K Wing On ......]
S'hai Da,
414
$281
ཊྛདྡྷི། ཧྨཙདྡྷིཊྛཱི ཏི སུབྷྱོཿ ཨོཾ11Ë, tཟེརྗེལྔ,
Asia Lands Limited
Gloucester Building Tel. 28980 We offer you a complete brokerage service for the purchase or sale of New York Securities Daily quotations sent-gratis-upon request. See our javestment news on the Financial Page of The Hongkong Daily Press
Damien Agenta
John H. Ferguson & Co.
B. G. Shameen.
Tel. 18824
H.K. Ropes, 87.03
Dairy Farms, 809
Constructions (New), 80 cta.
Verz. Goldfields, $6
Banguet Consolidated, 840
Benguet Explorations, 40 cents,
41 cents,
Antamoks, 95 cents, 50 cents.
Baguic Gold, 64 cents, 65 cents,
62 cents.
Gold Creek, $8
Ewo Cottons, Sh.813.70
CHANGES (3.15 p.m.) CLOSING
QUOTATIONS
Benguet Explorations, 40 centa Telephones, $32
Dairy Farms, 829
Benguet Explorations, 40/41 cts. Hotels, 86).
THE EXCHANGE
MARKET
MESSRS. ROZA BROS... REPORT
Mesero, Roza Bros., have for- warded us. the following Exchange Market report for yesterday.
Silver prices were higher yester- day to the extent of 1/4 for Ready and 3/16 for Forward, the quota- tions being 18 9/10 for Ready and 18 5/8 for Forward. Silver advices reported America and India as hav- ing bought. China sold. The tone was steady. In America the rate was higher at 41 for Spot The Inarket was firm
New York advices reported the 'opening rate at 4.82 and the closing rate at 4.84 3/4. The market waa erratic. The highest rate done was 4.85 7/6.
Market.
Quiet, the tone was steady.
Sterling.
Bombay Brussels.... Bucharest Buenos Aires Copenhagen Geneva..... Helsingfors Hongkong Lisbon Madrid Milan......... Montevideo Montreal Now York Oslo ".. Paris.... Prague
Rio de Janeiro
Shanghai Stockholm Vienna Yokohama Silver (epot)
Silver (forward)
War Loan
ON LONDON:
· 375 Drachmae 270,316 Dinars 90.43 Marks
18. 6d. par Rupee 30 Belgas ....813,088 Lei 47.58d. per Peso 18.159 KroNAT 96.2 Francs
22,40
(BRITISH WIRELESS SERVICE. }
Sterling Parity
Nov. 1
Nov. 2
18.10 Florins
7.75
7.70
570
560-
231
13.19
13,01
1/8
1/6
22.40
29.27)
532
530
+40.R.
441 O.R.
22.40
18.19
16.14
193,23 Marks
2261
2284
1/34
1/54
110 Excudos
104)
103
2291 Pesetas 37.
37
02.48 Lire 50.88d. per Peso
504
36 Nom.
37 Nom
4.831
4,84
· 4.83
10.00
79 27/32
70 13/32
1051.
104.5/8
O.R
4 O.R
1/3 0/16
1/3 3/8
18.139 Kruor 34.58 Schillings 94.56d. per Yen
19.391
10,401
20
K9
-1/2)
1/27/16
18 5/15
18.7/16
71%
4.867 Dollars 4.867 Dollars 18.159 Kroner 21.21 Francs 164. Kronen 58.93d. per Gold Milreis
4.70
19.00
Closing Quotations
November 3, 1933,"
1
Telegraphic Transfer... +1/5
Bank Bills, on demand Bank Bills, 4 month
night s Credits,
sight
4 months"
ON SHANGHAI-,
On demand
On Demand
ON SINGAPORE:---
ON KOBE:-
On demand
OS INDIA:
ON NEW YORK:-
39.....
81 9/16
185/8 1001
Bank Billa, on demand 74) nom. Gradite, 60 days' sight.. nom ON BATAVIA:-
On damand............. 542
ON PARIS:-
Bank Bills, on demand 666
Credits, 4 months' sight 605
ON SAIGON—'
1/51
1103
. On demand
ON MANILA:-.
FOL
On demand
ON BAROKOK:-
...... 117
On demand,
}948
Bate
Telegraphic Transter...
Bank, on demand.
66)
681 com
13 som
1/50
*****
189.16
SOVEREIGNE, Bank Buying.
BAR SILTER, por os
LONDON FINANCE NOTES
(Special Air-Mail Service)
JOSEPH LUCAS BONUS PAY- MENT DOUBLED
in
London, October 6. Expectations of a bigger distri- bution this year by Joseph Lucas are realised. The company re- ports a further improvement
the net profit being results, £250,427, against £229,150.
The final dividend on the Or dinary shares is 10 per cent, which makes 15 per cent., the
same as for several years past, But the bonus which is usually paid in addition to the dividend is raised from 18. per anare to 25. per share. The
stim
of
50,000 goes to reserve and £10,000 to workpeople's old age fund, while £66,277 is carried
forward.
to
A large portion of the com- pany's Ordinary capital has been
time issued from time
at with substantial premiums, and the object of bringing the issued capital more into accord with the assets and capital employed the directors will ask the share- holders to sanction an increase of Ordinary caplial by a share for reserves.
TRAMP SHIPPING - OUTLOOK
The tramp shipping outlook. disappointing as it has been for a long time," has never been worse than it is at the presen
owners moment. A good many were heartened by the recent statement of Lord Essendon with regard to the amount of tonnage which has been broken up this years, suggesting the probability of better.. times because of the
lessening of the number of sur- plus ships. It was shown, it will be remembered, that during the first quarter of this year just under 1,000,000 tons gross had been sold to breakers, including Vessels disposed of for scrapping, but on which demolition had not Vet commenced. This compared with 1,378,183 tons gross broken up during the whole of 1932, and, of 3 million assuming a total
was reached in 1933, Lord. tons Essendon emphasised that this be B very substantial would volume of tonnage taken off the market and would be bound to Some business was done during
make itself felt, in due the course of the morning at 1/6
What the state of" the markets would have been but for 3/8 for near and 1/6 13/35 Decem-
the scrapping of tonnage to the ber. The market closed with sellers at 1/8 11/02 November and 1/6 3/8 If this is approved the directors extent indicated is serious second half November and Decem- wish shareholders to appreciate contemplates At present, there ber, bayers at 1/5 3/8 November and that the recommended increase is not. a single active market, and 1/5 13/32 December.
of capital is influenced entirely there is nothing to point to an by the amount of reserves avai-early improvement. Prosperity U.S. Dollars. Business was done at 35 for nearlable, and not by prospects of for tramp shipping can
the future only as a result of a development increased proats in and 35 3/18 December. There were
reserves are of our outward trade, coupled and that those
a stimulation of interna- sellers at. 34 15/16 November and
necessary as permanent capital with 35 1/18 December, buyers at 35 for for successful trading. Conse-tional trade (From the "Byran near and 35 3/16 December.
quently there must be no expec- and Shipping," London.) tation of increased distribution Merchants were quoted at 110 for unless justified by increased earn- near delivery.
!!
Tén.
Shanghai Dollars. Shanghai Dollars were quoted at 140-10/16 for cash
Shanghai
Sellers were indicated at 1/3 5/8 November, buyers probably as 1/3 11/10.
IN THE AFTERNOON.
The market was easier in the afternoon.
Sterling
ings."
share
distribution out
of
BIG PAER MERGER
London-An agreement bas been signed in Canada for the acquisition of
the undertaking and assets of Price Brothers and Co. by Bowater's Paper Mills of London. A statement to effect was made by the Bond holders' Protective Committee of Price Brothers.
this
A figure of 44,000.000 (£800,000 at par) is mentioned in connec
i4 tion with the deal, and it In Sterling business was done at suggested that the scheme -com-. 1/5 3/8 for December delivery, prises some reorganisation of finishing with sellers at 1/5 9/32 Price Brothers. It is understood November, 1/6 5/16 December and that the offer on behalf of Bowas 1/5 11/33 January, buyers at 1/8 ter's was made by Mr. R. O. higher respectively.
Sweezey, who has important time ber interests, in Canada.
U.S. Dollars.
The market closed with sellors at 34 3/4 November and 34 7/8 Decem ber, buyers at 34 7/8 for near and 35 December. ̈·
Bowater's Paper Mills has an issued share capital of £1,300,000. and £750,000 Debenture stock.
I
hás an annual capacity of 120,000 ton of newsprint, and Shaurbal
"controls" two subsidiaries. Price Brothers has a share capital of Easier. Buyers were indicated at early 840,000,000, together with 1/3 0/10 for near, sellors at 1/8 1/2-811,061,600 First Mortgage Gold November.
Bonds. The bond interest due in U.S. Dollars.
August 1932, was not paid, and a protective committee formed.
U.S. Dollars, buyers at 31 9/16 for near, sellers probably at 31 1/2,
PRESIDENT LinersS
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe,
via Shanghai, Kobe, Yokohama Yokohama, Honolulu
Fortnightly sailing Free Ecover....Nov. 7, Midnight Fres. Taft ..........Nov.al, Midnight Pres. Coolidge ...Dec. 2, am. Pres. Pierce...
...Dec. 19, Midnight "Free Hoover ....Dec. 30, L
Fortnightly sailings
Pres. Grant...Nov. 10, Midnight Pres. Cleveland ...Nov. 24, Midnight Pres. Jackson....Dec. 8, Midnight Pres. Jefferson... Dec. 29, Midnight Pres. Grant .........Jan. 5, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA. .
Direct Special through ratas to Europe via United States. connections with all Atlantia lines, Choice of rail lines across United States and Canada, liberal stop-over privileges for Sight-seeing. Full particulam upou application,
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdaye via Manila, Straits, Colombo, Bombay, Suer Cana, Alaxandria, Naples, Genca, Marseilles, New York and Boston.
Prea, Garfield
Pres. Johnson......Nov. 11, 8 a.m. Pres. Monroe......Nov. 25, 8 am, Pres. Van Buren...Dec. 9,8 mm.
ΤΟ TO
Next Sailing
Pree Folk...
Pres. Adams
...Dec. 23, 8 am. ...Jan. 6,8 m. Jan. 20, 8 a.m.
MANILA
Pres. Johnson ...Nov. 11, 8 D. Fres. Taft Nov. 14, 6 p.m. Pres. Cleveland......Nov. 18, 6 p.m.
Pres. Grant Nov. 4, 6 p.m.
Pres. Coolidge ..............Nov.-:23, 9 p.m. Pres. Monroe........Nov. 25, 8 a.m. Pres. Jackson.......Dec. 2,6 p.m.
Connecting" with S.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP
AMERICAN
TEODER ́ BUILDING-HONG KONG,
CANTON BRANCH ~~Âμ #HAKSE ROAD,
LINES: LINE
NEW
YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 28380-Gloucester Building, Room 308.
(AKUTER'S AMERICAN SERVICE)
New York: November 2
Dow Jones Averages: High-1833 Low: Nov, 1. Nov., 2... Change
30 Industrials 20 Railr
20 Utilities
40 Bonde
108.27
41.22 89.64
90.54 .9% up
'66.63
13.23 38.10
30.01
.76 up
37.73
16.03, 29.01
89.07
35.78 82.44
$13.90 62.51
.29 up
07 up
Axia Landa, Limited, has received the following report from their New York correspondente, E A. Fierce & Co. We think the market indicates an improving andertone. It was somewhat broader today but we believe it will have many cross currents, with reflecting trends in various groups. We think more attention should be given to rails, with the idea of taking
long position there.
Wheat: The market was influenced by firm cables.
Cotton: Quiet. The Undertone was steady. There was a better speculative demand. The Bureau report is expected to show an increase.
Silver: Trading was heavy. Occasional profit-taking checked the advance at times but offerings were well absorbed. The strength of the market was probably due to rumours that something would be done to rebabilitate silver.
Business Done: 1,190,000 shares,
1932
420
189
2.00 Chase National Bank”..... 1.00 Chrysler Motors...
Curtiss Wright........................
בליין
Div. $
HLIGH Low Pr. Sa.
LAST SALE Nov, 1 Nov, 2.
105
307
2.00 Air Beduction
$96 999
1487
42
6.00 Allied Chemical & Dyo
130
$7
29
4.00 American Can ...............
88
80
St
American Smelting......
481
45%
course.
1374
701
8.00 American Tel.
Tel.
• freight
944
44
3.00 American Tobacco "B"
110
1114
72
72
43$
11
1.00 American. Waterworks
18%
164
221
3
Anaconda Copper Mining....
148 140
to
181
28
2.00 Auburn
301
37 Tra
214
Bendix Aviation ...................
114
12
43
18
1.60 Borden Company
207
7
Canadian Pacific
217
22
127
13
103
·I, I Cases
631
64
come
292 47
0.50 Caterpillar Co..........
19)
172
194Bid 90 Bid
494
404
3.40 Consolidated Gas of N.I.
382 37%
-8.00 -Drugs, Inc. .........
65
2.00 Du Pont de Nemours
76)
70
71
3.00 Eastman Kodak ......**
14
14
Canton Silk Market
Electric Auto-Lite Co.
321
% Electric Bond & Share
184
15%
48
Electric Power and Light...
..
&
0.40., General Electric
181
187
301
34
34
194
1.60 General Foods
maaikopiran
of
401
34"
41.00 General Motors
271 27%
10
Le Gillette Safety
102. 113
242
27
101
40
214
Extra O.8. 13/15 H.E. ON Small Extra 08. 13/16 HI
$530N Crack N.8. 14/16 H.K. $420N Extra-Extra 20/22 H.K. 8400P. Waste N.S. Open E.K. ON
From the Kwantung Raw Silk Testing Bureau, Department Reconstruction, Canton, China:
Canton Quotations.
November
Yokohama Quotations.
November Spot, Ten 539. Bourse 6 months, Yea $30.
BANANA CROPS RUINED
Kingston, Nov, 2
At least ten deaths were caused over the week-end by a hurricane which swept over North West Jamaica where ninety per cent. wal of the banana crops was ruined.
-Reuter
133
67
1.20 Gold Dust
0.60 International Harvester
International Tel. & Tel; 4.00 Liggett Myers "B" 1.00 Loew's, Inc, en
Montgomery Ward
81
-980 National Birouit,
spanara
1.00 National City Bank 1.20" National Dairy Producté k 0.00 Otis Elerator ...
91-Bid
2.00 Pacific Gas & Electric. Packard Motors ...
-321
·177
-
..................
|_ 0.50. Pennsylvania Railway o
Radio Corpn.
Sears Roebuck........ 1.00 Btzadard Brands
Standard Gam.....
1.00 Standard Oil Co. of New
Jersey
Sócony-Vacuum Corpn.
1.00 Texas: Corporat
Trant Zipovičn
1.00 Union Carbid 60 Union FELS
United
0.40 United,
United Sta
Westinghouse
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