1933-12-27 — Page 13

HONG KONG DAILY PRESS,

WEDNESDAY, DECEMBER 27, 1933.

13

DAILY SHARE QUOTATIONS Sharebrokers Hong Kong Stock

Association

Exchange

SATURDAY, Buyers Dulfers

Do.

***

MONEY AND MARKETS

Buyers Bilfert

Bal

Halaat

DECEMBER 23

WOOL MARKET

Banks

$1,836

31,835

H.K. Banka

$1,890

2132

Do. (London) ...

215

Chartered Banks ...

#15)

Japan And The

298

Meresatile Bks. "A"

225

£18

£19

Wool Traders

3101

Bank of East Axia.....

300

N. O. & S. Banks

$7

$20

Am. O. Fin. Corp: 8.

Ch. Fin. Corp. Ord. 5.

Do.

Prof. 31

Insurances

Canton Insuranose......] $310

$300

147

$1.60

Underwriters ...............

$530

5600

Union Insurances ...

7580

·3525

China Fires

wi

H.K. Firesg

$260

International Assoc. 3.

$256

Shipping

$346

Douglasen or $34)

#16

Steamboats

$30

Lados (pref.)

$35

Do. (def.)

50/74 Shell.

$15

Watertcuts

$16 3.30 $35 38/- $15

Mining

83 ets.

Amtamoks...

Balatcon

60 ota.

Baguio Gold

$36

Benguet Consolidated

Do. Exploration

Do. Goldfold

35 at

Big Wedge

19.

Gold Creek..

19

Ipo Mining...

171

Itogons

23/3

Kallans

$18

Langkate (single) 8.

34.23

Explorations...

16 65

Shanghai Loans 3.

$18 $4,45 38.865"

112.8. Raubs......

Tronoh Mino******

197-

36

Venezuela Gold Fida

$51

Docks," Wharves,

Godowns, ato.

$117

H.K. & K. Wharves. £1165

19.80

(new)

jex div. 334

ex

30 ot.

30 oth

11

Do.

RAIDYA

2.

Providents (old). 39.75

H.K. & W. Docks..

S. China Motors' A'

Do.

Shanghai Docks S.

New Engineeringa.

Hongkew****

#

HK Landa.........8. $70

Aria Realties "A"

Do

Cotton Mille

$117 S'hai Cottons.....

76 ota

45 obs

338 |13 at31⁄2

29 eta.

95/-

180 ot..

214

$148

38

#6.15

$166

零片。

$149

$7

$351

D

Lands, Hotels, and

Boldings

26.20

H.K. Hotels

$70

$704

$304

Shanghai Landa...S.

$14

Metropolitan Laads..

$8.70

H.K. italties....

36

2131

China Do

$137

Do Debentures S.

$12

Humphreys ****

New Asia Hotel

$12.10

150

*

$140

$20

$87

Chinese Estates..

313

$13

Ewos

+118

813

Zoong Sings...... S.

$131

$70

Wing On Textiles(S.)

170

Pabllo Utilities.

$81.30 Tramways

3212

$152

Poak Trams (old)...

115

*172

Do. (new)...

17+

Star Ferries

$101

$24

Yaumati Ferries. 322)

***

China Lights (old)...

$9.80 $9.30

#731

H.K: Electrica、................

$73

$231

Macao do.

1104

230

Sandakan Lights... Telephones. C. Hta

$30

125.

Do.

$104

$11

$112

3/-

Tretion

10/

Do. (pref.)...]

$15

Malabon Sugars

$101

$9.70 59.60

11:

Do. (now).....

LE

Do. Rights

China Buses........

Industrials

321 Caldbeck, Word.) 8.) $191 Macgregors (pref.)8.

$2. Canton Ice

Cements (comb.)...]

Do..

(obil

Do." (15W)** Ropeo.............

Miscellaneous

Dairy Farron

FRENCH TRADE INT. TELEPHONE

WITH CHINA

Two Years Heavy

Drop Checked In 1933

Marseilla, Dec, 20. The heavy drop in French trade 1931 and with China recorded in 1909 was checked during the first nine months of, 1933, M. Saussine, Commercial Attaché in French China, told a group of exporters at the Chamber of Commerce here yesterday."

PROFITS

Net Income Improve-

ment During 1933

The consolidated net income of International Telephone, and Tele graph Corporation and associated companies for the three months ended September 30, 1933, amount-

to $403.06.03 compared with 821,940.33 for the three months. ended June 30, 1903, and a loss of 854.961.01 for the first three months incime is due in part to increased of 1933. The improvement in net general business activity and also

earnings for the to higher values of foreign curren- dies in relation to the U.S. dollar.

Gross were $2,418, 203.36 compared with. months ended September 30, 1973.

months of 1832. Operation expen- $61,904,958.27 for the Brenime wore 844,019,427.45 compared

urine

Wool traders in Japan are en- thusiastic over the import of wool from South Africa for the purpose of balanclug trade between the two countries. But, in order to make good the difference of prices between it and Australian wool, wool, they will ask exporters to haive it. The movement is being pushed forward by the Wool Wear- ers' Association (Yomo Kogyokat. Weavers are keenly alive to the need of importing their material not only from Australia but also

Most of the exporters present from South Africa and elsewhere for two reasons. First, they point were man who were directly con- out the world tendency for trade nected with the China trade and on a give and take principle, and who were particularly anxious to secondly they mention the danger know what chances there were of of depending for their supply upon improving the trade in generai and that only one nation. They have been the role of Marseille in particular.

M. Saussine told them studying the question of Importing South African wool for some time. French exports to China constitute S

Japan's annual exports to Bouth1 per cent. of China's total im- with $44,482,087.64 for the same ports, totalling Ers, 162,000,000 in period of 1939 resulting in net sarn- Africa amount to Y.14,000,000 or

1931 and falling to Frs. 100,000,000 ings of $8,368,775.91 compared with Y.15,000,000, while her imports are at present negligible. If she de- in 1932 as a result of the general $7,342,670,63. Charges of associated cides to import say 30,000 bales of drop in prices and the inroads of companies for interest, dividendis the economic crisis. The drop was and minority common stockholders wool every year, their value alone checked this year, however, the to- equity in net income," together with International Telephone and Tele- tal for the first nine months alcno general interest and interest on coming to Fes. 100,000,000,

graph Corporation Bonds outstand- ing amounted to $8,605.095.54 03 compared with 36, 92,619.58 for the first nine months of last year. Con- 30, 1933 พอช solidated loss for the nine months ended September solidated Loss of $1,379.948.93 for 8236,229.63 as compared with Con- the corresponding period of 1932

more bale

Weavers

B loss of

will exceed Y. 10,000,000, so that the one-sided balance can easily be retined. South African wool,

China's exports to France fell however, costs about eight per from Frs, 485,000,000 in 1931 to cent or Y.24 per

Fra, 200,000,000 in 1932. This was than Australian' wool.

unt surprising, said M. Saussine, will therefore incur Y.700,000 to Y.800,000 a year, since China exports to Franco raw their opinion, this loss should be materials for French industry and as elsewhre borne not only by them but also with the slowing down of industrial

activity in France the scheme"

awing to the crisis, purchases of by exporters, since

Net current essets in foreign would secure the export business.

raw material naturally felloff. The Wool Weavers' Association 15

Questioned on the possibility of currencies when computed into U.S. au increase in Franco-Chinese trade Dollars at rates of exchange pre- asking the Department of Com- merce and Industry and the For-and Marseille's trade in particular, vailing at, the close of business on eign Office for their assistance in the Commercial Attaché said that September 30, 1933 and other ex- inducing exporters, especially cot the efforts of French exporters change iteras showed an apprecia- ton exporters, to support the pro- must increase despite Japanese courtion of approximately $10,200,000 posat. The Government authorities petition which has been growing as of that date. This amount has more and more formidable since the been credited temporarily to a spe- take a sympathetic attitude, it is

Tall of the yen, and can increase in cial exchange reserve account." sald..

the direction of textile machines, chemical products and perfumes in French with which connection science is far in advance.-Havas.

CARRIAGE OF

FRUIT

Important Experi. ments in England

MATCH MAKERS'

PROTEST

Russian Competition At Tsingtao Feared

Tsingtao, December 18:

KWANGTUNG TO GIVE

SUPPORT.

Joint Telegram Favouring Mr. Huť

Canton, Dec. 25. The Kwangtung provincial and the Canton municipal Kuomin- tang jointly issued a telegram-in strong support of the manifesto of Mr. Hu Hàn min

The telegram stated' that the The carriage of fruit in re-

Nanking government is under the control of militarists to betray the frigerated holds is becoming such

country and the Faden rebels an important business with the shipping industry, a very many

In reply to a petition of the cases before more important even

National Match Manufacturers' As-organized a new government with than meat, that considerable in-sociation against the establishment the Communists, they both are

the experiments terest attaches

of a match factory, at Tsingtao try great hindrances to the national certain now being made by the Depart-

Russian interests, "the revolutionary works and under- ment of Scientific and Industrial Tsingtag Municipal Government mine the whole country and our Research at their laboratory near

states that no official reports about party... Maidstone. These experiments are

the Russian project have been re- principally concerned with the car-

ceived by the Municipal autho- riage of apples, for they make a rities. However, should such a particularly delicate cargo, and the

proposal be made to the Tsingtao percentage of loss from Australia Municipal Government, the mes- and New Zealand is more rather sage states, it would be rejected. than less than 5 per cent. at the present time which runs into very 3240 big figures. Therefore experiments

32.45 101

310.10

$2}

Der & Wing

$4

Amusements

1101

Ch. E'tainmenta......

$9

Constructions, (ok)

60 ofs,

Do.

(new)50 ots

$4.45

**

$21

Lane Crawfords..... 4.45:

Mackinwahsmtessan

Nanyang Tobacco...] Jáj

11240 Sinceros

18.30 $2.10

W

Greyhounds......

Watsons

Powellss

*

18

#12

S.

C. Enterprises

32-

United Theatres... H.

81/;

B. Ind, G. Bonds... 78",

prem

H.B. Gort, LoaM... $113]

.38

Wallace Harper

$140

S'hai

Do.

* ་ ། ་ ་

H.K Wing On ...****

913

$12

3140 8110

Asia Lands Limited

28380

Gloucester Building We offer you a complete brokerage service for the purchase or sale of New York Securities Daily quotations sent-gratis-upo request. See our investment news on the Financial Page of The Hongkong Dally Press

Canton Agents'

John H. Ferguson & Co.

32, B. C. Shameen

Tel. 18824.

Kuo Min

U.S.S.R. PERSIAN TRADE ACCORD

For

Method Arranged Evaluation Of Turnover -And Quotas

are being made at Christmas with a 130-ton cargo" of apples which are to be subjected, to all the trials of a long voyage except rolling-tha scientists are rather uncertain as to what influence that really has--and it is hoped that the result will be an appre- ciable decrease in the loss. Both of the normal systems will be care- fully investigated, brine pipes in- side the hold, and air circulation

Teheran, December 10. over an external cooler, while an-

An agreement on the questions other debated question, whether it

of trade has been reached here by is better to have innumerable air passages through the boxes of fruit the trade representative of the or a few large ones; will also be in-US.S.R., Commissioner: Shostak. vestigated. It it to be hoped that and the director of the Persian these experiments will prove of Trade Department, M. Bakhman, great assistance to the steadily in- who exchanged letters eloborating creasing number of ship's officers the details of the various points of and marine engineers who are now the existing Sovjet-Persian trade concerned in the carriage of fruit, convention. while they will also prove very in- teresting to the shipper, consignee and underwriter--Nautical Maga-

zine,

SECOND YEAR PLAN

Every Means Being Taken To Insure Success

As Mr. Hu gald in his manifesto, our party could not control the government due to the militarista in occupation of the control: go- vernment and undermine the

whole country. So the only way. that we can save our country is to control the government by the party and the military affairs the civil government in order to "build- up again' our national energy and people's power so as to pacify the internal condition and against the foreign Aggres- `sion-Central Press. :

£12

New Year Holiday Cruise

Round trip on 1.5. "President Grant"

sailing from Hongkong Dec. 30 arriving Manila New Year morning

sailing from Manila Jan. 3 arriving Hongkong Jan. 5.

Fare includes living pu board whilst in Manila.

Special rates for hotel accommodation in Manila if desired.

DOLLAR STEAMSHIP LINE AMERICAN MAIL LINE

NEW

YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).

Tel. 28380-Gloucester Building, Room 308.

(REUTER'S AMERICAN SERVICE)

New York: December 23. Dow Jones Averagės:

30 Industrials 20 Bailr

Eligh-1838.

108.27

Low: Dec, 2. Deci, 23.

Change

41.22 98.87

98.04

,83 down

56.63

· 13.39 40.37

40.23

.14. down

20 Utilities -

37.73

18.03 29.03

22.03

.01 up

89.07

65.78 -83.01

82.11

.10 up

47.91 closed

40 Bonds Commodity Index

Azia Lguda, Zimited, has received the following report form their New York correspondants, L. A. Pierce & Co. We fikethe action of the market today and believe that higher prices affidiested. As a matter of opinion, we feel that, when the year-endfelling is over, utilities may state a fair rally.

Business Done: 470,000 shares.

"Dry, ..

American Smelting

LAST SALE

461

1839, ∙HIGH

· ́, 1064.

LOW PEL SH.

Dec, 21. Dec, 23

203

8.00 Air Reduction

2001 2001

1424

42

6.00 Allied Chemical & Dro

147

146

4.00. American Ost

1374

9.00 - American Tel. & Tel.

45%

942

3.00 American Tobacco B 1.00 American Waterworks

107

100

Anaconda Copper Mining

2.00. Auburn

1011

Bendix Aviation

211

160 Borden Company:

COMMUNIST-BANDITS SUFFER HEAVY LOSSES

Canadian Pacific

207

7. I Caesa

103

194

0.50 Caterpillar Co.

(4) Chase Nations! Bank ....

Canton, Dec. 25.

473

1:00 Chrysler Motors

16 Bid 17Bid

3.40 Consolidated Gas of N.Y.

53

684

347 35

22

93

92

25

80,1 781

891

3

16

0%. Electric Bond & Share

Electric Power" and Light... 0.40 Gonera: Electric

181 18

11.

104

181

1.60. General Foods

23

401

100 General Motors

1. Gillette Safety

242

1.20 Gold Dust .......

979

46

Lieutenant General Yon Shiu, Commander of the Kwangtung

Division

Press told the ad after his arrival here from Klang- that just before his departure from the front line for Canton about two hundred Communist- bandits in Lungpoo were exter- minated. More than twenty of them were killed.

This accord closes a lengthy period of differences with regard Another report of Lieutenant to certain trade questions. Among General Wong Teen-pin, Com- others, an agreement has been mander of the 44th Division, just reached on controversial questions received here, stated that over of the method of evaluation of the five hundred of Cominunist-ban- turnover of trade between the dits in Ching Fong, Tsin, western USSR and Persia, and on quotas Klangs, were defeated by his for Soviet Imports and exports to troops. They retreated after one of

Persia-Tass,

PETROLEUM IN JAPAN

hour's Aghting with his pursuing-Central Press

U.S. SILK TEXTILE RESTRICTION

227

дает

64

Canton, Dec. 25.

The "Asah states: A $150,000,- The Central Fress is informed

The silk-code authority has peti- to-day that the provincial auth-1000 company called the Standard- Socony Ou Corporation has now orities are at present trying every been established as the result of tioned the NRA for twenty-Ove means in order to carry out the the mer of the Bocony Vacuum per cent. reduction of maximum Three Corporation and the Standard Oil machine hours in silk production 2nd year's plan of the Year's Flan of reconstruction, as Company of New Jersey, says in- for thirty days to meet conditions the first year is coming to an formation reaching Tokyo. With and preserve equitable distribution end.

the sales organisation owned by of prevailing inadequate business the Socony Vacuum Corporation and employment,

It is understood that attention will be concentrated in shortening of maintaining funds of all in- stitutions political as well as mill tary so as to reserve more, for reconstruction purpose. Central Press,

and the redning equipment of the The authority also sought a Standard Company of New Jersey, grant of permission for temporary the new Company intends to de-shortening of hours of machine velop its markets in Japan, China, operation for periods not exceed-

21st instant Rengo Australia, New Zealand and Africa ing three months. A fixed for the

East and South) it is reported.

418

142

#7

Curtiss Wright...

2:00 Da. Pont de Nemours

3.00 Eastman Kodak

Electric Auto-Lite Co."..

0.60. International Harvester

International Tel & Tal. 400 Liggett & Myers, “B!! 1.00 Loes' Li

Montgomery Ward

2.80 National Biscuit

1.00 Nations) City Bank

1.90 National Dairy Products

0.00 Oti Elevator

1,10 Pacific Gas & Electric'

Packard Motori

48C Pennsylvania Railway

Radio, Corpa

Sears Roebuck

11.00 Standard Brands

Standard Gas

1.00 Standard Oil Co. of New

Jersey

Bocony-Vacuum Cor

1.00 Texas Corporation Trans-America ....

1.00 Union Cadride & Ca B Union Pacifo

United Air and

United Corporation United States Steel Westinghouse E-8.

291

174Bid 184 Bið

19