- $1,830)
£130
$580
***
1944
13
HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 2, 1933.
MONEY AND
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
Bayırı
Ballart
Sala
Nominal
WEDNESDAY. NOVEMBER 1.
Balers
Bayert
H. K. STOCK
AND MARKETS
LONDON EXCHANGE RATES
MARKET
QUOTATIONS
Dult conditions continue to pre vail in the market, this morning's session showing no indication or sign of any improvement, though Tele- phores made a slightly better show ing at to-day's opening. Sterling
however,
Buenos Aires Copenhagen Genevs........ Helsingfors Hongkong Lisbon Madrid
Milan
Montevideo
1210 Florina 375. Drachmae 276,316 Dinars 90.43 Marks is. 6d. per Rupes 35 Belgas 813,586 Lei
E96
FIN
$104
Banke
H.K. Banks $1,890
Do. (London)
2161 Chartered Banka...
Marcantile Bks. "A"
Do.
C
Bank of Ext Ama... 3104
N, O. & S. Banks
£95 £13)
$7
120
Am. O. Fin.Cerp:
Ch. Fio. Corp. Ord. S.
***
路
Do
Prof. B
***
Insurancea
$395
***
$9971
Canton Insurados...
$1.75
$210
Underwriters
3685
PER
J670
***
Union Inrarando# .......
3696
M
$516
securities, their firmness.
maintained
China Fires
an
$270
Sales.
$150
İLK. Fires AREAS
*
[International Assos, 8.
Shipping
334
Douglases
ata
Steamboats
$30
$30
Indos (pret)
$35
Da (def)TAL
54/4)
Shaile
Waterboste
Mixing
Amtamoks
$37
Balateos
86 cta. 89 cu.
14
***
165 ats.
1042 *37.95/32·
80 1/32
38) Nom,
2.84
(BRITISH WIRELESS SERVICE.)
YESTERDAY'S OFFICIAL
On Amsterdam Athens.... Belgrade Berlin.... Bombay Brussels Bucharest
Sterling Parity
Oct. 30.
7.82
Oct. 31. 7.84)
300
120
370 2931
13,10) 1/8
13.
1/8
22.617
99.67
335
540
47,584, per Peso
44 O.R.
44 O.R.
18.159 Kroner
9940
22.40
25.29 Franca
16.29
16.39
193.93 -Mark
3204
9981
1/5
1/5
342
43 cts.
•Union Insurances, $585. Autamoks, cents. Baguio Gold, 62 cents. Hongkong Tracts, $211.
Cements (Combined), $2.65.
Dairy Farms, 929.
Constructions (New), 80 centa.
Buyers.
Hongkong Banks, $1830.
Union" Insurances, $580.
Douglases, B
Benguet Consolidated, 80.
Big Wedge, 32 cents.
Gold Creek, 89.
Hotels, 86.53.
Hongkong Trans, 8211.
Gort, Loans, 33 per cent Prem,
Star Ferries, $99.
25/-
Electrics, 874.
$18
Telephones, 831Ą..
$4.35
$6.85
Sellers.
712
19/
Wharves, $124.
**
Providents (Old), 83).
110 Escudos
1061
$5.29 Pesetas
37
92.16 Lire
391
50.80d. per Peso
34 Nom.
Montreal
4.887 Dollar
4.851
New York
4.867 Dollars
4.781
Oalo
18.150 Kroner,
19.30
Paris
.............194.21 Francs
"80 9/39
80 25/32
Prague.....
164.25 Kronen
.. 108
1001
Rio de Janeiro ...... 28.93d: per Gold
Milreis.
41 0.8.
41 O.R
Shanghai
1/3
Stockholm
18.150 Kronor"
19.30
1/37/16 19.391
Vienna
34.88 Schillings
*9
Yokohama ........ 94.56d. per Yen
1/23
1/21
Venz Coldfields, $0.
Silver (spot)
181
181
Silver (forward)
18
181
War Loan
71%
1001
100 5/18
ON LONDON:--
Closing Quotations
November 1, 1933.
Telegraphic Transfer. 1/4 Bank Bills, on demand Bank Bills, 4 months'
sight *****
..... 1/8 months'
Credits,
sight
ON SHANGHAI:-**
ON SINGAPORE:--
1/64
ON NEW YORK :—
4.77
.19.80
Bank Billa, on demand 334 nom Credits, 60 days' sight.. nom ON. BATAVIA:-
O demand... ON PARIS:--
35
Bank Billa, on demand 666 Credits, 4 months' sight 605
ON SALGON:-
On demand
ON MANILA: ----
80
On demand
67 nom
!
ON BANGKOK:
On demand.
* 131 nom SOVEREIGNS, Bank Buying
1/51 Bate
18
}93+
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort,
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings
Prez Hoover Nov. 7, Midnight Fres. Taft Nov, 21, Midnight Pres Coolidge ..Dec. 2, am Pres Pierce......Dec. 19, Midnight. Pres. Hoover ...... Dec. 30, m.in.
TÓ VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings
Pres. Grant. Nov. 10, Midnight Pres. Cleveland...Nov. 24, Midnight Pren Jackson Dec. 8, Midnigh Fres, Jefferson... Lec. 29, Midnight
Jan. 5, Midnigh Pres. Grant
ROUND TRIP FARES TO EUROPE
AMERICA.
པ
Special through rate to Europe via. United States Direct. Choice of rail lines across connections with all Atlantic lines..
United States and Canada, liberal stop-over privileges for Sight-weeing. Full particulars upon application.
| Fortnightly via Suez to Europe & America
Fortnightly wilings on Saturdays via Manila, Straite, Colombo, Bombay, Buss Canal, Alexandria, Naples. Ganos, Marmellies...
New York and Boston. Pres. Johnson Nov. 11,8 m. Pres. Monroe....Nov. 25.8 m. Pres. Van Buren ...Dec. 9,8 a.m.
TO
Next Salling
Pres Garfield Dec. 23, 8am. Pres. Polk ........Jan. 6, 8am. Pros Adams Jan. 20, 8 a..
MANILA
Prea. Johnson Nov. 1, 8 a.m, Pro. Taft
Nov. 14, 6 p.m. Pres. Cleveland......Nov. 18, 6 p.m.
Pres. Grant Nov. 4, 6 p.m.
Pres. Coolidge....Nov. 23, 0 p.m. Pres. Manros......Nov. 25, 8 a.m. Pres. Jackson...Dec. $,6 p.m.
Connecting with 5.8. MAXON To CEBU, ILOILO, ZAMBOANGA
DOLLAR
STEAMSHIP LINES
AMERICAN MAIL LINE
TEDDER BULDING-HONG KONG.
CANTON BRAICH:➡Á, SHAKEX ROAD,
NEW YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 28350-Gloucester Building, Boom 303.
(REUTZA'S AMERICAN SKEVICE.)
$10
32 ata
19
90 sta
440
182 ota.
$15
<0 ct!
130 4th.
***
$9
$7
29/3
$181
} 84.40 $7.
1121
Baguio Gold.......
Benguet Consolidatod
·Do.
Do
Exploration
Goldfield
Big Wedge
Gold Creek..
Ipo Mining
Itogona
Kalans .....
Langketa (single) 8. Explorations...... 9. Shanghai Loans 8. Raabs
Tronoh Mines...... Venezuels Gold Fld $5.60 Docks, Wharves,
Godowns, ato,
H.K. & K. Wharres.
3124
431
#6 18
Buildings
H.K. Hotels.
H.K Landa...... Shanghai Landa...8.
€ 3 € !!!⠀⠀⠀⠀⠀⠀⠀
140 etb.
$145.
$8
$124
Providente (old) ...
$31
$1,35
$184
De. (new)...
31.20
11.K. & W. Docks
417
S. China Motors A
$4
Do
43
$4
$147
Shanghai Docks S.
#B
New Engineerings8.
1318
Hongke
Lands, Hotels, and
$0.50
36.60
$8.35
133
$14
Metropolitan Lands..
H.E. Realties...
$154 Chins Do
$137
Do. Debentares 3.
3124
Humphreys ***PRI
?
New Asia Hotel
$140
$20
Asia. Realties "A"S.
Do.
$94.
Chinese Estates......
314
$108
#77
•Zoong Sings .... Wing On Textiles(8)
Pabllo Utiliting
$}}
Tramways vari19194
$81/
$164
Poak Tram (old) .....]
$74.
Daf
(new)...
$99
Star Ferries and
1231
Cotton Mills
EwOsprave
S'hai Cottons................
Yaumati Ferries...
$10.40 China Lights (old)... $1.06 $101. $102
$10.20
Do. (new).
H.K. Electrics...
+E+
123
Macso do.
$104
Sandakan Lights .......
8314
Telephones
$11
China Buses...B.
99
Tractions
15j.
Da (pret.)....
Industrials
$15
Malabon Engars
$21
Caldbeck, Yord.) 8.
$18) Macgregors f(pref.)B.
$6
$2.60
Canton Ica pun. Cementa (comb.)...
$2.60
$2.80
Do. Do.
(old)...
Bats
(now)...
#71
Bopell.....
$29
Miscellaneous
Dairy Farma pentr
$1 Dar A Wing................ $10
Amusements.*******
$10.10 Ch. Etainment...... 310
Da new ecots.
#21
Hongkong Lands, 877.
Realties, $73.
Cements (New), 6 cents.
H.K. Ropes, 71. Watsons, 881.
:
PETRÓL · TRADEON
IN JAPAN
Amalgamation of Companies
EFFECT OF MR. MAT.. SUKATA'S PURCHASE
Tokyo-An amalgamation of the $13.86 three largest oil refinery com-
#105
panies, viz., the Nippon Sekiyu, the $131 Mitsubishi Sekty and the Ogura $77
Seklyu may materialise in the near An agreement of opinion for it has already been reached between the managements of the
$15.
$89
$22
$10
440
சசூர்
future.
three concerns.
On Demand orient
On demand'
On demand.............. 118)
ON INDIL:-
en
Telegraphie Transter... ́ Bank, on demand .................
THE EXCHANGE MARKET
MESSRS. ROZA BROS.. REPORT
Market. Quiet, the tone was steady.
Sterling.
BAR SILVER, per dise
RICE CONTROL IN JAPAN A Complicated Measure
Tokyo. The working regulation for the Rice Control Law which will put into force on November 1st A complete grading list was gazetted yesterday (24th in- stant), was also published. covering 72 kids and 317 classes
This
Messrs. Roza Bros, have forward- us the following Exchange Market report for yesterday.
Silver prices were unchanged yes terday, the quotatione remaining at 18 1/4 for Ready and 18 3/8 for Forward. Silver advices reported China Banks of having bought The Continent sold. America was
It is learned that the Control The direct incentive for the pre-also inclined to buy. The tone was sent merger talk is the gasoline steady. In America the rate rose Committee will meet to-day to fix quotation will be based on the warfare between Mr. Matsukata 3/8 to 39 7/8 for Spot. The market the first official quotation
Between two was firm. and the Big Six. fires-Soviet oil and Anglo-Ameri- New York advices reported the commodity prices for September. can of these Japanese refineries opening rate at 4.76 3/4 and theIt is expected that the maximum have been put into a very dimenit closing rate at 4.77. The market price will be fixed somewhere be- tween Y.30.36 and Y.32.89 Der koku, position The only way out for was quiet.
and the minimum price somewhere It is them is to amalgamate.
between Y.21.66 and Y.22.70 per hoped that the present merger, if
koku. it really materialises, will greatly facilitate the establishment of the national policy in regard to liquid fuel for which, in concert with the Government, they have been striving for several months past.
On Monday afternoon (23rd in- 10 cts. stant), Mr. Tsushita (Nippon), MI. Hiral (Mitsubishi) and Mr. Ogura (Ogura) visited Baron Nakashima, Minister of Commerce and Indus- try, and after explaining their scheme, sollefted his support. They was earnestly, wished the Governmenting at 35 to use its influence to bring the very. Later offers at 34 3/4 were present merger eventually into a accepted for near delivery. The wholesale amalgamation of the oil market closed with sellers at 34 5/8 industry. The points which they November and 34 18/18 December, have emphasised at the interview buyers at 24 3/4 for near and 34 may be summarised as follows-15/16 December,
Desiderata.
$15
36
$2.80
$74
$9
$10
$2.80
$2.80
Constructions, (old)]
.80 ota,
f
$3.90
Lane Crawforda...... 34
Mackintosha
a
--
Nanyang Tobacco...
$4.20
***
314.10
#81
$2.10
Wm. Powells
$10
M. Greyhounds
$1
8. C. Enterprises ***
$9
United Theatres...8.
$14
Bincoros
Watsona
78%
B. Ind. G, Bonds... 77').
KL.E. Gort, Loans.....] $103
Wallace Harper........--
....
#9
$170
B'bai
***
HX Wing O******
Do."
$145
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- request. See our investment news on the Financial Page of The Hongkong (Dally Press
“Canton ·· “Agonia“
John H. Ferguson & Co.
32, B. C. Shamee
Tel. 18624.
WES
done during Business
of the morning, at the course 1/3 9/32 for near delivery. The market closed with sellers at 1/8 1/4 November and 1/8 9/38 December, buyers at 1/5 9/32 November and probably 1/5 5/16 December.
U.S. Dollars.
amount
Storing Ten Milliön Koku s A few days ago, Mr. Goto, Minis- ter of Agriculture and Forestry, ob-
tained the approval of Admiral Satto, the Premier, Mr. Takahashi, the Finance Minister, and Mr. Nagai the Overseas Minister, to his plan to store 10,000,000 koku of unhull- ed rice as one of the measures to Of this meet the bumper crop. A fair
of business total, 6,000,000 koku will be Japan- done early in the morn ese grain, 3,000,000 koku Korean
for December deli- and 1,000,000 koku Formosan:-
1 By means of amalgamation, the three companies should control both refining and sales. With the for near delivery. merger company' as the nucleus,
an amalgamation of the two for-
་
Shanghai Dollars.
Small Granaries Preferred. The Advisory Counell to the Rice Section, at ita sitting on Mon day 23rd instant), studied the question of housing the above grain in Japan. The original plan of the Agricultural authorities was Yen. Merchants were quoted at 118 1/2 to build 50 large granaries through- out the country, but in accordance with the strong recommendation Shanghai Dollars were quoted at by members representing the Set- yukal, the Council voted for the establishment of 650. small store eign concerns, British and Ameri-111 3/8 for cash.
houses scattered over the country.
At the same meeting, Mr. Adzuma, a Seiyukai representative. ádvocated the resumption of an ancient system of having store houses in all villages so that at least five per cent, of their harvest should be stored compulsory. For that purpose, he said, it will be necessary for the State to pay two- thirds of the cost, of construction 3-All oll-extracting companies. including the Kita Karaiuto Seriyu 28,000,000 in its yearly expendi for these store houses. Mr. Goto, ture. To what extent Baron Naka- the Minister for Agriculture, pro- (North Saghalien Sekiyu should shima, the Commerce Minister, will mised, to study the matters. be kept outside the above merger evince enthusiasm over the pre- company. They should concen- trate their activity on the exploita sent merger le being watched in all
quarters. tion of resources and the supply of crude oil to the merger company." ...Capitalisation.
Shanghai can, and small Japanese refinery
Firm. Sellers were indicated at and sales companies, numbering about twenty, should gradually be 1/3 9/16-for near, buyers probably realised. The merger company, at 1/3 6/9 November. after the wholesale amalgamation,
"U.S. DollarS
should bé capitalised at approxim→ U.S. Dollars, opened with sellers ately 200,000,000.
2-A permit system should be at 31 1/18 but later the selling rate adopted for both the establishment rose to 31 5/16 November, bayers of refineries and the import of probably at 1/16 higher. crude oil.
8.0.8...
the representatives of The Japanese oil interests who waited
Canton Silk Market
From the Kwangtung Raw Bik The above three-rennery com- upon the Commerce Minister on Testing Bureau, Department of panies are at present capitalised Monday in connection of the mer- as follows:-
Authorised.
Nippon
Bekiyu Y.80.000.000
Mitsubishi
Beklyu 5,000,000
Paid.
Canton Quotations
w: October 201 Extra OS. 13/15 HK, $600N.. Extra 0.3. 13/15 H.K. $535P... Cracks N.9. 14/16 EK, 8420N. Extra Extra 20/22 HK. 840UR Waste N.B. Open H.K.BTN. stations
ser scheme asked him to invoke Reconstruction, Canton, China?---- the Staple Industry: Control Law for, suppression of reckless com .56.000.000 petition from Boviet all All
Japanese concerns; they stated; in-8 -5,000,000 curred a serious blog from Boviet Roll and had to register a loss for Bekiyu 20,000,000 15,000,000 the term ending September. Un- To the event of the present les cometh & Dent mediate merger materializing, it is hoped, ly, both the three Japanese con- the new Company will be able cerns and Mr. Matsukata are liable to record a saving of at least to be ruined, they warned
Ogura
.
October 31
Spot, Yen 655.
Bourse 6 Months Yen 666
30 Industriale,
New York: October 21.- Dow Jones Averages:
High 1933 Low: Oct 30 Oct., 31.
Change
t
108.37
$1.27 88.43
28.16 ,27 down
66.63
13.23 38.09
3594
.15 down:
Ti
37.73
16.53 23.86
89.07
20. Rails
20 Utilities.. 40 Bands
** 23.08" 28 down
65.78 82.90 82.69.31 down
Asia Lands, Limited, has received the following report trom their New York correspondents, £. A. Pierce & Co. A do nothing sttitude developed today. Prospective purchasera seemed more concerned over earnings pro- spects. The market appears to be forming a base for possible sustained Improvement later.
United States Steel to-day declared a fifty cent preferred dividend. Third quarter operations averaged 40 per cent. There was a nett loss of 81,717,014, after allowing for all charges
Wheat: Lacked buying power. The Trade was confused over the political developments. Narrowing December discounts were a feature, reflecting improvement in the tash situation.
Cotton: Steady on trade demand. Hedge sales were smaller. Seb. timent seems friendly.
Bank interests were
Silver: Opened quiet and continued to rule so. abeent. There was some buying towards the close. Business Done: 1,130,000 shares
431
FOL
1939
DIY L
HIGH 1004 1421
Low PI SEL
LAST SALES Oct, 20, Oct. 31.
30%
3.00 Air Reduction
$977
$95
42.
8.00 Allied Chemical & Dye
127
127
071
." 289
400 American Can
87 ...87
American Smelting........
401
412
137
$.00 American Tel & Tel
112
1112
44
5.00 American Tobacco
B
721
72
11
1.00 American Waterworks.........
181
18
231
3
Anaconda Copper Mining"
134 13
: 2012
283
2.00 Auburn
35
Bendix Aylation
21+
11f
18
1.80 Borden Company.
21
Canadian Pacifis
193
201
103
18)
-J. Case ******
614
62t
201
0.50 Caterpillar Co
184
2.00 Chase National Bank
194Bid 194Bid
1.00 Chrysler Motors
+389
38
3.40 Consolidated Gas of NY.
39)
:
2
300 Drugs, The,
"737....
2.00 Du Pont de Nemours
704
71
854
3.00 Eastman Kodak
134
134
B9%
Electric Auto-Lite Co...
321
0% Fectric Bond & Share
48
Electric Power and Light.
18
18
0.40 Gefpral Electric
33xd,
-201
1.60 General Foods
10%
34
24
271
114
40
Curtiss Wright ....
1.00 General Motors Lo Gillette Balety.
1:20. Gold Dust comin
0.60--International-Harvester
2.
International Tel & Tel 4.00 Liggett & Myere 100 Low's
Montgomery Ward
20 2.00 National Biscuit
211
·34
204Bit
1.00 National City Bank,
1.50 National Dairy Products 0.60 Otis Elevator
2.00. Pacific Gas & Electric
Pokard, Motors
0.60 Pennsylvania Railway
Radio Corpa
Gears Roebuck ....
1.00 78udard Brands
Standard Gia' 1.00 Standard Oil Co.
1.00:
040
United
Westing:
...