Nominal

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Bayere Beers

Sharebrokers'

HONG KONG DAILY PRESS, FRIDAY, NOVEMBER 17, 1933.

MONEY AND MARKETS

Association

}. THURSDAY, [NOVEMBER 16

Buyers De Bere

Jules Komina

Banks

H. K. STOCK MARKET

LONDON EXCHANGE RATES

£131 £15

2261

2131

H.K. Banks

Do (London). Chartered Banks ... Mercantile Bks. "A"

Do.

Bank of East Asia........

H

$1,823

$1,298

#3578

113.30

$116

HITIMIDP!

:::

Canton Insura|1000.-

Union Insurancès ........

5104

N. C. & S. Barks

37

$20

Am. O. Fin. Corp: B

35

Ch. Fin. Corp. Ord. 8.

Do.

ProL S

A

d. Insurances

$333

$1.65

$580

Underwriters

£525

$290

Chins Fires

des

H.K. Fires

16.10

International Asson, §.

Shipping

LA

$341

Douglases

$54

#18

Steamboats

$30

Indoe (pret.)...

$35

63/1

.$15

38 ste,

Do. (def.).

Sholls***'!

Watertoata

Mining

Amtamoks

་་

334

Balstcos.....

62 ata.

Baguio Gold

$40

Benguet Consolidated

40' ct",

Do. Exploration

₤30 eta

Do. Goldfield ...)

32 at

Big Wedge

19.ts

39

Gold Greek..

$9

Ipo Mining..

$71

Logons

95/3

Kailana ....

$181

$4.60

$6.05

$8

Langkala (single) 9.

Explorations.......

Shanghai Loana 8, Raubs

Tronoh Mines

Venezuela Gold Fils.

| Docks, WharvOR,

Godowns, leta.

HK. & K. Wharves.

Providents (old)

Do.

(new)... H.K&W. Docks ....

"B"

S. China Motors 'A'

Do.

TIT

$117

$24 $1.35

#18)

9€

Hongkews... ↑

Buildings

H.K. Hotels

113.20 Ewo

(new)...

12+

**********

ILMI

211)

3104

Túr

$327

1470

3524

$370.

YESTERDAY'S OFFICIAL

QUOTATIONS

Markets gave the impression of more steadiness to-day, anch busi Dess as was put through being done on the basis of yesterday's level, and there appeared to be no pres sure from any quarter.

Sales,

Star Ferries, 800)

Yaumati Ferries, 5

China Lights (Old)

Lane, Crawfords, $4.30

Ou Amsterdam Athens

Belgrade Bombay..... Berlin

Brussels Bucharest Buenos Aires Copenhagen

Geneva

Hongkong

Lisbon

(BRITISH WIES SERVICH.)

Sterling Parity

12 10 Floring ................ 375 Drachmas 778,316 Dinars ..... 90.40 Marks la. 6d. per Rupes 30 Belgas 813,388 Lei

110 Estudos 25.223 Pesetas ................ 92:46 Lire 50.96d per Peso

106

Antamoka,

cts.

Hotels, $6

Helsingfors

Madrid

Nov, 15.

13) O.B. 92.40

16,684

1/54 107

39.15/16

01 5/18

Nov. 14. 7.831

8.02

585

935 13.45

235

13.64

1/5 81/64

23.01

1/5 31/38 23174

5331

5:43

47.58d. per Peso

49 O.R.

18.159 Kroner 98,22) Franca 193.23 Marka

£2.40

18.38

2934 1/5 3/18

$17

Bayers.

Hongkong Banks, $19

$36

39 9/16 60,15/16

Union Insurances, 8675

26/

Raubs, $10.40

Montevideo

30 O.R.

36

$10

Shanghai Cottons,

Montreal

4.867 Dollars

5.901

5.39

Sh. $116

Humphreys, #19

New York

..... 4.867 Dollara

5.281

5.40

19.00

10.90

178 cts.

Telephones, $30

Lane, Crawfords, 84.10

Paris ....

60 ot.

Govt. Loans, 4 per cent. Prem.

81.31/32 1081

81 21/32

..1084

Rio de Janeiro

Sellers.

- Electrics, $74)

4 O.R.

4 O.R

Amusements,

1/3 9/16

1/38.

18.150 Kronor 34.58) Schillings

19.39

19.30

20

20

1/2

18 9/18

****

18 11/16 100 5/18

182 091

*41

44 ot.

***

25/.

$181

$6,95

$13

10%

$8.15

1184

TARP:

་་

***

70 ete.

$17

$148

$8

Milan

Oslo

Prague

Shanghai

Stockholm Vienna

18.150 Kroner 194.21 Franca 184.25. Kronen 28.83d. per Gold Milreis

THE EXCHANGE Yokohama 2.5ed, per Yen

MARKET

MESSRS, ROZA BROS..

REPORT..

Messrs. Roza Bros," have for- warded us the following exchange market report for yesterday:

Silver prices dropped 1/16 yes- terday for both deliveries the quotations being 18 for. Ready. and 18 for Forward. Silver ad vices reported China, and India as having bought." America and the Continent sold. Towards the close the market was again inclined to buy. The tone was steady. In America the rate was slightly lower at 448 for Spot," The market was firm,

¿

New York advices reported the opening rate at 5.31 and the clos- ing rate at 5.39). The highest rate done was 5.42 and the lowest 19.10 5.291.

$77

Market. Opened weak but later reacted slightly.

Sterling.

The market opened with buyers $13.55 | "at 1/51, sellers offering 1/5.3/18. 116 Subsequently offers at 1/5.3/16 $134 were accepted for November/De- cember"followed by transactions at 1/5 January. Later offers at 1/5. 5/32 were also accepted for Novem ber/December. The market closed at i p.m. with sellers at 1/5.5/32 November/December and 1/5.3/16 January, buyers at 1/32 higher re- spectively.

$15

$7 $99.

43

$148

Shanghai Dock 8.

$7

New EngineeringsS.

$350

Lands, Hotels, and

*6.15

36

.378

H.K Lands

$74

13

Shangbai Lands... §.

314

Metropolitan Lands..

$8

RK. Realties.................

36

$154

China Do 8.

3137

Do. Debentures3.

$12

Hampbroy

New Asia Hotel

ION

$140

Asia Romition “A”

$20

$93

Chinese Estates..

Gottom "Mill

Shai Cottons......

813

Zoung Sings... S

$77

3214

$154

$74

$26

$980

$9.40

HK. Electrica

$13

3104

#

32

IS/-

$16

$21

Caldbeck, Word,

$18

Macgregora ((pref.)8.

$6

$1,80

$1.55

é ets

$6

3281

$102

-32

eo ota.

$21

$14

$71

$4,10

1744

11

$8

$30

$8.13

$10

Wing On Textiles(S.)

Public Utilitiej

Tramways

Poak Trams (old)...

Do.

Star Ferries

Yazmati Ferries ...) $25

China Lights (old)...

Do (new).

Macao do.

Sandakan Lights

· Telephones............................

China Buses... Tractions

Do.

(pref)....

Industrials

Malabon Sugars

(old)...

Canton Ives......

Coments (comb.)...

Do

Do. (new)...

Ropes

Miscellaneou

Dairy Farma centar

Der A Wings....

Amusemente....... Ch. Etainmenta..... Constructions, (oli])

Do,

Lane Crawford

Mackintoshs wentuar Nanyang Tobac00,.. Sincere

Watsons

WEL Powells

#6.20

301

8731

$30

!!!!!!

81A

**

$4

$11

₤10 eta. $6.90

$281

U.S. Dollars. Easy at the opening but later steadied up following Shanghal The market opened with sellers at 371, buyers füidding 38. Bubse- quently offers at 377 were accepted for near and also for December delivery, The market closed at funch time with sellers at 3713/16 for near and 377 December, buyers, probably at 377 for cash and 18 December.

Silver (Spot)

Silver (forward) War Loan

Closing Quotations

November 18, 4 OF NEW YORK:-

ON LONDON: -"-"

1/9 3/32 183

Bank Bills, on demand 373 Credits, 60 days' sight. noix

34.

Bank Bills, on demand 577;

Credits, 4 months' sight 6 7

Telegraphic Transfer... Bank Bills, on demand 14

ON BATAVIA:---

Bank Bills, 4 months'

On demand.....

sight

13

ON PARIB:--

Credits, four months'

sight

110)

On demand

ON MANILA-

Bok

On demand

ON BANGKOT:-

115

ON SHANGHAI 2----

ON SINGAPORE:----

On Demand

On demand

ON JAPAN:-

On demand.

ON INDIA

Telegraphic Transfer...

Bank, on demand ......

THE WORLD'S BUSINESS

Ex

A few figures of operations of that ambitious trade, E. A. Craw- ford, who was recently suspended from membership in the Chicago Board of Trade, have come to light. It appears that in addition to his other ventures, he had a tremend- ous stake in the egg market. He was reported to be "long proximately 3,188,000,000 eggs corner on the yearly output of same 25,000,000 hens!

Spending,

on ap-

ON SAIGON

pg 471

On demand SOVEREIGNS, Bank Buying

Rate

BAR SILVER, per oz.

744

133 FOR

1751 18

FRENCH TRADE

Imports and Exports Figures

Paris, October 25.-France: In the first nine months of this year the value of French imports from foreign countries totalled 16,479 million francs. In that amount. the imports from China came to 178,250,000 francs, as compared with 154,885,000 in the same period or 1932. Japan sent goods to a value of 100,832,000, as compared with 131,300,000; and Australia, 511,117 francs,

The value of the goods imported from the colonies in these nine months was 5,127 million francs. Of that sum Indochiria contribut-

282,306,000,

The analogy with a private in- dividual, who should not over- spend, is not applicable to a nation, and still less to a world. The individual, by saving or spended 407, 114,000, as compared with ing, cannot affect the value of money, but if a cautious world starts to save too much in com- parison with its rate of new re- Merchants were quoted at 120 munerative investment, its prices for near delivery.

may so fall that its industry is Hilled. And K, at one stage of

fen.

Shanghai Dollars.

The value of the exports of foreign-countries was 9,132 million franes. The value of the exporta

to China was 100,700,000 francs, as against 80,990; to Japan 94,940,000, as against 93,821,000; and to Aus- tralia, 50,337,000.

colonies

The exports to the totalled 4,339 million "francs, of which Indochins took 317,152,000, against 336,419,000. Indo-

Shanghai dollars were quoted at the cycle, the world spends freely 111 for near delivery.

in a manner which, in an in- dividual would be rash or uninous, Shanghal. Erratic. Early advices indicated it may so stimulate trade and ac- sellers at 1/31. Subsequently the celerate the circulation of money" 60 eta market weakened to 1/34, closing that it puts down the commodity | Pacfic Radio

with seller at 1/3 for near, buy-value of its currencies till its debts ers at 1/3.7/16 November.

income less onerous, and its real

$2.80

$4.20

U.5. Dollars, opened with sellers income actually rises by spending Canton Silk Market $1410 at 34 but declined rapidly, owing-Sir William Cecil Dampler,

37

M. Greyhounds

$14

8. C. Enterprises

12

United Theatres ....... 3.|

78",

B. Ind. G. Bonds... 77'/.

prem

HLK. Gert. Land...

$1037

$3

3170

$1775

$145

Wallace Harper

HK Wing Of ......

Sh

Do.

Asia Lands Limited

Gloucester Building Tel. 28880

*

We offer you a complete brokerage. service for the purchase or sale of

#1

New York Securities Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of The Hongkong Daily Press

Canton", „Agonia

John H. Ferguson & Co.

32, B. O, Shameen,

Tel.: 18624

to heavy purchasers, to 33% near. F.R.8. Subsequently the market steadied

up to sellers at 34 for near, buyers at 34.1/18.

.

IN THE AFTERNOON, The market was firmer in the afternoon.

Tariff Trupo. Holland's example in denounc- ing the tariff truce has been fol- lowed by enough, countries now, to make that truce a dead letter Nobody can blame those coun Sterling,

tries." They are simply recogniz- In sterling business was done ating facta, For instance, Great 1/5 for "December and 1/5.9/32 Britain, once the old free trader, January, finishing with sellers at has imposed more than 50 new 1/5.7/32 for near and December new tariffs since the tariff trace and 1/5 second half December- was signed, though she could say January, buyers at 1/51 November that these do not constitute viola- "and probably, December and. 1/5 tons of the pact, which declared 5/16 January,

.U.S. Dollars,

that no action could be taken on a new initiative," The phrase? Business was done at 38.1/16 forology, which was British, was ap- near and 381. December. At the Parently regarded as Justincation close there were sellers at 38.1/10 for an entirely new layer on top

of existing trade restrictions. for near and 38.3/16 December,

Tariff Walls, 180 buyers at 36 for near and 381 De- cember.

Professor James T. Shotwell, one of the Arhitecta of the Eel- There were sellers at 1/3.7/18logg Fact, world agency for pro- for near, buyers at 1/3 Novem-moting political appeasement, has ber.

Shanghai.

U.S. dollars, sellers were. quoted at 341 buyers bidding 341 Decem ber.

THE RAUB AUSTRALIAN GOLD MINING CO., LTD.

Advices Have been received from the Raub Australian, Gold Manipe Company, Limited that the output for the four weeks ended Noven ber 7th, 1833 amounted to 2,064.50

ouness.

From the Kwangtung Raw Silk Testing Bureau, Department of Reconstruction Canton, China

PRESIDENT

Liners

13

Fastest Time Hong Kong to San Francisco. Speed with Comfort.

To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honofila

*

To VICTORIA, SEATTLE 17 Days

via Shanghal, Kobe, Yokohama

Fortnightly sailing

Fortnightly sailings Prea. Taft Nov. 91, Midnight Pres. Cleveland ...Nov. 24 Midnight Fres Coolidge. Dec. 26. Pres, Jackson Dec. 8, Midnight Pros. Fierce.Dec. 19, Midnight Prys Idfferson... Dec. 29, Midnighe Pros. Hoover ......Dec. 30, Pres. Grant Jan. 5, Midnight Prea. Wilson ....Jan. 18, Midnight Free. Cleveland Jan. 19, Midnight

ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe vis United States, Direct connections with all Atlantio lines. Choice of rail lines across United States and Canada, überal stop-over privileges for Bightseeing. Full partielam pen application.

Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straita, Colombo, Bombay. 19uez Canal, Alexandria, Naples, Genoa Marseilles, New York and Boston,

Pres. Monroe......Nov. 25, 8.m. Pres. Van Buren...Dec. 9,8 Pres. Garfield Dec. 23,8 m.

Pres. Polk ...... 6.5mm. Pres, Adams .........Jan 20, 8 a.m. Pres. Harrison Feb. 3,8

TO MANILA

Next Salling..

Pres. Cleveland Nov. 18, 6 p.m.

Pres. Van Buren. Dec. 9, 8 m. Prés. Pierce... Dec. 19, 6 pm, Pres. Jenter on

Dec. 18, 8 pm.

Pres. Coolidge......Nov. 23, 9 p.m. Pres. Monroe... Nov. 25, 8 a.m. Pres. Jackson. Dec 16 p.m. Connecting with 8.8, MATON, To CEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP

AMERICAN

LINES

MAIL LINE.

EDD KEEDING LONG TGHIỆM

CANTON BRANCH-4, SHAKE ROAD,

NEW YORK STOCK EXCHANGETM

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

Tel. 98380-Gloucester Building, Room 306.

(HEUTEE'S AMERICAN SERVICE)

New York: November 15.

Dow Jones Averages: High-1832

Low; Nov, 14. Nov., 16

Change

30 Industrials

108.97

41.29 95.50

94.36

1.14 down.

20 Boils

66.53

12.23.38.93

37.34

.89 down

90 Utilities

37.73

16.62 23.66.

23.31

35 down

40 Bends..

,80.07

41 down

€5.78 80.36 79.76,

Asia Landa, Limited, has received the following report from their New York correspondenta, E. A. Pierce & Co. There was little of cutaide interest on the market and we think it is ignoring the factuation in foreign exchange. There is said to be a continued fight from the Dollar and it looks as though the heaviness of the bond market was more a factor in stock-market sentiment than the President's gold policy.

Wheat: Uncertainty with regard to Washington developments induced liquidation and curtailed buying. Routine news was ine

3 ineffective. Exports were large sue the statistical position is improving,

Cotton: Selling increased after a higher opening, partly on instrue tions from Liverpool sources. There was also some profit-taking and hedge selling. Speculativa demand is less aggressive and Trade buying increas ed on set-backs.

Silver: The market is erratic, options fluctuating 1.50 points. The violent Bactuation reflects the uncertainty surrounding present condtions affecting silver.

Business Done: 1,330,000 shares.

1832,

Drv. & HIGH Low Pzx. Să.

294

LAST SALE

Nov., 14: Nov, 15.

105 1497

30

3.00 Air Reduction 4946.00 Allied Chemical, ♦ Die

8102 $1034

134

47+

4% .1371

4.00 American Cant American Smelting..

01

ยา

401

45%

701

9.00 American Tel & Tel..

117+

117

944

5.00 American Tobacco. " BY

79

723

1.00 American Waterworks

~'18)

18

Anaconda Copper Mining

151

151

2.00 Auburn

Bendix Avistion

431

221

1514 21

431

40

...

41

1.60 Borden Company

Canadian Pacifio

0.50 Caterpillar Co.

1,40 Chase National Bank":

-1.00 Chryslar Motors

i

3.40 Consolidated Gas of M

Curtis Wright

2.00 Du Pont de Nemcrízá 3.00 Eastman Kodak zde keda Electric Auto-Lite Co,

#% a. Electric Bond & Share..

Electric Power and Light..... 0.40 General Electric 1.60 General Foods

Canton Quotations.

November 14. Extra O.8 13/15, H.K. $570N. Small Extrá 0.8. 13/15, H.K

$500M Best No. 1 0.8. 13/15, H.KS.. Crack N.S. 14/16, FLK, #390N. Extra Extra 30/22, HK, #350N. Waste NS. Open, HK, $TON, Tokohams Quotations.

November 15.

301

40+

24j

1.00 General Motors

24+

1.04 Gilletté Safety

87%

1.8q Gold Dust

48

Spot, Ten 610. Bourse 6 Months," Ten 611

RUBBER QUOTATIONS FROM SINGAPORE Supplied By Benjamin And Potte

Rate on Rate on 1.11:13 15.11.33

Anglo Joves .................$5.30 Anglo Dutch Batu Anams Chemors Consolidateds Kroewoeks Repahs

181

319

101

25

37

$4.00

2,50

2.60

30

120

44

93

133

·.53

6.00

6.70

147

67

turned his attention to the need for economic appeasement. He.re- minds me of a proposal which he advanced several months ago for combating high tarifdam: .... He would grade tariffs according to the Uving standards prevailing in different countries, X., a nation. had low standards, tarifs against the goods of that nation would be high; and vice versa." Living son- ditions would be inspected: con- stantly in order to keep taria abreast of changes. Dr. Bhotwell international competition, is being says that his scheme, which would discussed in political circles here eliminate labour as an element in and abroad.

Tanah Merahs Tebongs *Ziangbes

ཚུམ་ལུ་བྷྰཡྰ་ཝུ་རྩ་རྩ་སྦེ་སློང་ནའུར་དུ་

0.60 Internamonal Har

Interasional Tál & 400 Liggett & Myers

& 100 Locw's Inc.

Montgomery Ward

4.80 National Biscuit ....

- 100 National City Bank

1.20 National Dairy Produ

10 0.80 Cti Eliyator

10 Pacific Gas & Electric

Packard Moto

060 Pennsylvania, Bailway

Radio Corpn.

Sears Roebuck

1.00 Standard Brands Standard Ga

1.00 Standard Oil

1.00 Texas Corpo

Trane-America

1.00 Union Guit 600: Union

United

United Corpo United States.

Westinghouse

tælled 24,170 CORDEM

Send B...

Bid

5 for October last year-

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