DAILY SHARE QUOTATIONS ShareBrokers Hong Kong Stock
Exchange
Buyere Belleri
2011
Association
HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 29, 1933.
MONEY AND MARKETS
TUESDAY.
Salar
{Moestaal
Bayeri
Bellers
Balan
NOVEMBER 28
H. K. STOCK MARKET
LONDON EXCHANGE RATES
Banks
F.K. Banka...........) $1,825
Do.. (London)
Do Pref. 8
Insuranoss
B1101 Shelle
$15
טלת!
$825
YESTERDAY'S OFFICIAL
QUOTATIONS
Providents (old). $255.
Hongkong Lands, 872/724.
Hotels. 88.10.
Humphreys, $12.
Hongkong Trams, 821.20/214"
China Lights (old), 891.
Tenephones, 829..
Geneva
Lisbon.....
Milan
Montevideo
(BRITISH WIRELESS SERVICE)
༄༞སཾ་རཾ་་་ས་ས་ 110 Escudos 25.99) Pesetas
92.46 Lire
50.890. per Peso
4.867 Dollars 4.907 Dollar 18.159 Kroner
8.27
* 19.80
PRESIDENT Liners
13
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings Pres. Coolidge ...Dec. 9, 6 am. Pres. Fierce.Dec. 19, Midnight From Hoover ......Dec. 30, 4 x.m. Pres. Wilson...Jan. 18, Midnight Fres. Coolidge, Jan. 17, a.m.
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama.
Fortnightly sailings Pres. Jackson Deo. 8, Midnight Pres. Jefferson..... Dee. 99, Midnight Free Grant,.....Jan. 5, Midnight Pres. Cleveland ...Jan, 19, Midnight Pres, Jefferson.....Fab. E, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europe via United States. connections with all Atlantro lines.
Choice of rail lines serons
United States and Chuada, liberal stop-over privileges for Sight-seeing. Full particulars upon application.
Fortnightly via Suez to Europe & America
$1,830
£132
E101
Chartered Banks ....
226
Mercantile Bks. "A"
£11
Do.
212
$104
Bank of East Asia...!...
398
N, C. & S. Barks
$20
Am. O. Fin. Corp:
Ch. Fin. Corp. Ord. 8.
$335
$397
Canton Insurances".
91.8
$1.65
Underwriters
******
$880
torily but there was scarcely any rew business reported, tations remained unchanged.
The adjustment of the Novem- ber accounts, which was of small Amsterdam
Athens alf satisfac- proportions, passed
Belgrade Berlin Bombay Brussels
On
Sterling Parity
1810 Florina 375 Drachmae
Nov. 23. 8.093 550
Nov. 27, 8.211
580
276,316 Dinars
240
9:40
....43 Marks
13.86
13.8
and quo more or less
Bucharest
5626
Union Insuranden 14.
Sales..
China Fires
Buenos Aires
... la. 6d. per Rupee 36 Belgas ..... 813,588 Lei 47.58d. per' Peso
1/5 90/32
1/5 99/82
23.44
93.74
370
560
424 O.R.
42) O.R.
$990
H.K. Fires
$270
Copenhagen
18.159 Kroner
29.40
*$2.40'
$6.10
International Assoc. 3.
**
Shipping
Helsingfors
25.224 Franca 193.23 Marka
16.84
12.08
9263
226
$36
Douglasen
$34
Hongkong
1/4/15/16
1/5
1081
110
$18 330
Steamboats
Indos (pret)
Madrid
30
.40 9/16
$35
61.13/16
02 15/16
Do. (def.)
H.K. Ropes, 862.
351 O.R.
35 Q.R.
Waterboata
Dairy Farms, $284.
Montreal
5.16h
3.09
New York
5.12
Mining
Hongkong Banks," 81836.
Oslo
19.00
80 ott. $34
Amtamoks
85 ota
Union Insurances. $550.
Balatcoa
Douglases. $35.
50. ota.
Baguio Gold
Prague
id
Benguat Consolidated
150 ats. 341
140 ct..
Do.
125 cts.
Antamoks, 82 cts. Raubs, $131.
Rio de Janeiro
..194.21 Francs 164.2. Kronen 28.93d. per Gold Milreis
83 9/32 1101
84 13/39
111
Pres. Van Buren ...Dec. Pres. Garfield
Pros. Polk
40. R.
4 O.R.
30
Do. Goldfield ...
Shanghai
1/3 5/16.
1/3 3/9 -
30 cta. Big Wedge
31 ot
Stockholm
........ 18.159 Kronor
19.39)
10.301
19
Gold Crock.
34.59 Schillings
90
30.
19
Ipe Mining........
1/2 5/32
871
Itogons
H.K. Realties, 85.60.
Silver (spot)........
181
18 3/8
2418
Kalans ....
251.
Hongkong Trams, $21,
19
$18
Langkats (single) 8.
$18
China Lights (old), 89.40.
31%
1007/18
18 7/16 100 3/8
Frea. Van Buren ... Deo. 9, 6 am. Pros, Pierce.................Dec. 11,6 p.m. "Prea, Jefferson ...........Dec. 16, 6 jam.
$4.80
Explorations.......
$445
$6.95
Shanghai Loane.
$8.90
Electrics, #72. "
113.10 Ranbaoui..........
$131
Telephones, 8284.
Tronoh Minca
19/
Lame. Crawforde, 84.20.
$8
Veneruela Gold Fids.
$5.75
Government Loans. 4% Frem.
Docks, WharyDS,
Godowna, eta,
$114
$2.55
$1.35
Providente (old)
Do.
H.K. & K. Wherros $113)
(new): 60 atm.) H.K. & W. Docks...
Hotels, 86.20.
...$2.56
TH
- Dec. 30, 6 p.m.-
Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP
AMERICAN
LINES
MAIL LINE
FEDDER BUILDING-HONG KONG.
CANTON KHARON :---4, KVANEX, ROAD.
Pra, Hoover Fres. Garfield Pres. Gract
Exploration
Buyers.
Paris
Wharves, 9114. -
Providents (old)," 821.
Ewo Cottons, Sh. $12.90. Hongkong Lands, 872.
Vienna
Yokohama....... 94.56d. per Yen
Silver (forward) ..."
War Loan
1/2 5/16
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, ¡Suez Canal, Alexandria, Naples, Gance. Marseilles, Yow" York "and Boston,
9, 8'am" Dec. 23, 8 am. Jan. 8 a.m.
Pres. Adams.......Jan. 20, 8 a.m. Pres. Harrison ... Feb. 3,8 am, Pres, Hayes ... ́... Feb. 17, 6 a.m.
TO MANILA
Next Sailing......... Pres: Jackson Dec. 2, 6 p.m.
...Dec. 21,9 p.m.
„l'ec. 23, 8 a.m.
$12.90
SINI
戳
$8
B. China Motors' A'l
Do
"B"
$148
$7
New Engineerinsä.
$350
Hongkow
Dy
Shanghai Dock 8.
Lands, Hotels, and
Buildings
HK Hotels H.K Tands.......... Shanghai Landı...8. Métropolitan Landa..
$6 16.30
Evos
B'ba Cettons......S.
Zoong Singe S. Wing On Textiles(S.)
Public Utiliting
3148
38
$19.10
$81
Sellers.
Wing On (Textiles). Fn. 870:
Sinceres, 813.20.
Wing On (Hongkong),"8140.
THE EXCHANGE
MARKET
MESSRS," ROZA BROS.
REPORT
Silver prices were unchanged yesterday, the quotations remain- ing at 18 3/8 for Ready and' 18 7/16. for. Forward. Silver advices re- ported the market as being feature- lesa. America sold and China bought. In America the rate was substantially lower at 42 for Spot.. The market was erratic.
New York advices reported the opening rate at 5.17 1/2 and the closing rate at 6:10 1/4. market was uncertain.
* Market, Quiet, the undertone
26.10 $78
73/79;
$14
H.E. Realtics........
$3
$154
China Dor
8.
$137
Do DebenturesS.
$19
Humphreys
New Asia Hotel...
$140
Asia Realties "A"8.
320
Do.
"B" 8.
$99
| Chinese Estates......
Cotton Milla
$13.24
1.
8120 813
#121
813
270
$77
$21
21.20/1
Tramways
$21.20 321.20
$154
Poak Trame (old)...]
315
571
Do. (new)...
$74
robust.
190
Star Ferries
399+
$24
Yaumati Ferries
$9.46
China Lights (old)..
$4.49 $9.60
$9.35
Do (LOW)...
$25
39
H.K. Electrics $712
$23
Macao do.
1104
Bandakan Lights ...
$28
Telephones...
$112
China Buses 4.8.
3.
Tractions.
18/-
Do. (pref.)......!
Industrials
$15
Malabou Sugars
321
Caldbeck, Yord.) 9.
$19 Macgregors (pret.)8.
$6
Canton Ives
12
Cements (comb.)...
$1.50
$2.40
Do.
5 cts
Do.
(old)... (Dew)...
32
Ropes
$6.75
#61
Miscellaneous
Dairy Farrux 1999
$281
$1
Der A Wings...................
35
Amusemente ****
$101
Ch. Etainment...........
.32
60 stu.
Constructions, (olidį
Do.
(new)
Lane Crawfords........... $4,20
Mackintosha...DEMAN
Nanyang Tobaco....
Bincores...................
Watsons ..
Wm. Powells
$4.20
$12.20
9131
171
$2.10
$10
H. Greyhounds ....
$13
8. C. Enterprises.
United Theatres...8.
78*1,
prem.
3140
B. Ini. G. Bonds......... 78′′/
H.K. Gert Loans... 80%
Wallace Harper...... A.K Wing Oa
S'ha Do.
198.00
SIA
The
was not
Sterling..
during
the Business was done courge of the morning at 1/3 1/8 for December and 1/5 5/32 Jan- ary. Later some transactions were arranged at 1/5 1/8 for second half December. The market closed at lunch time with sellers at 1/5 3/32 November/December and 1/5 1/8 January, buyers at 1/32 higher ree- pectively.
U.S. Dollars,
OF LONDON:
Closing Quotations
November 28, 1937,
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months'
sight
Credits, four months"
sight
ON SHANGHAI:---
On Demand
ON SINGAPORE:--
On demand
On" demand
ON JAPAN:-
ON INDIA:-
Telegraphic Transfer... Bank, on demand
SAVINGS
ON NEW YORK:-
Bank Bills, on demand sub Credits, 60 days' sight.. now
ON BATAVIA:-
ON PARIS -
זז.
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG)...
On demand
44.
Bank Bills, on demand 100
1/5
Credits, 4 months' right 6:0
ON BAIGON:-..
110月
On dethand
69
ON MANILA
591
On demand
ON BANGKOK :—
117)
-On demand
1840
SOVEREIGNS, Bank Buying
Rate .....
1/5
18
FINANCE SLAM
IN
New York: November 27,
Dow Jones Averages: High-1932
30 Industrials
108.27
** 41,59 - 69,98
20. Bails
56.52
20. Utilities
40 Bonds
37.73- 89.07
IN
DUNLOPS
BAR SILVER, per oz.
New 4 per cent Stocks Large Reserves Kept
to be Credit
(Spécial Air-Mall Service)
London, Nov, 8. An important operation on simi- lar lines is now proposed by the Dunlop Rubber Company, which, however, goes somewhat farther, the intentior, being to reduce dea- nitely the company's capital indebt- edness. It will be remembered that
in London
Special Air Mall Service
London, Nov. 8. Since the Siamese troubles be- in, Siamese securities have fallen several points, but it is doubtful whether they would have declined so much but for rumours which, we are informed on good authority, entirely without foundation. are that a financial collapse was im- Stam has always been pending. in the habit" of maintaining large resources overseas for the purpose of meeting her obligations, these resources being kept mainly in are informed that
The market opened with sellers at 36 1/2, buyers bidding 38 3/4. Sub-in February last the company re- sequently the buying rate receded deemed £1,460,780 of second Deben-1
cash. to 36 9/16 resulting in business at ture stock by, payment in
redeem 36 1/2 for cash followed by trans- Now it is proposed to 10 te actions at 30 0/16 for near and 36 £4,358,987 of 6 per cent, stock. 5/8 near. The market closed at This stock is repayable in January,
offered London. We 1935, at 105. Holders are lunch time with sellers at 368 £00 per cont, in 4 per cent, stock, November-December and 30 7/8 Jarmary, buyers at 38 11/16 for and £46 68. in cash, $106 Ss. alto. near and December, and probably gether, or, alternatively, £106 Bs, in cash, provided the exchange is 37 Jamary,
made at once.
180 cts.
1 ཟླt:བྷྱོཿབྷྱོཿ 1 ༔ཨྰཿཀྴEF1ཀཽཤྩ
Asia Lands Limited
Gloucester Bullding Tel. 28980 We offer you a complete brokerage service for the purchase or sale of New York Securities Daily quotations sent-gratis-upón request. See our investment news on the Financial Page-of
The Hongkong Daily Press,
Canton“, „Agenta
John H. Ferguson & Co.
32, B. C. Shameen,
Tel. 18624.
"
Yen.
Merchants were quoted at 190 1/4 for near delivery.
Shanghai, Dollars, Shanghai Dollars were quoted at 111.5/10 for cash.
Shangbai,
Quiet. Sellers were indicated at 1/3 5/16 for near, buyers at 3/8.
1/3
IN THE AFTERNOON.
the
The market was quiet in afternoon.
these resources have been in no way reduced on the contrary in the past year they have been in-
Two-thirds of the cur- creased. rency reserve is kept in sterling. New 4 per cent. stock tofalling and its ratio to the note issue last £3,500,000 will be created, of which month stood at the high figure of £2,620,200 will be issued at par. 784 per cent. The amount of the reserve was 130,052,880 The cash balance in connection currency with conversions will come from baht (about £11,823,000 sterling). » the company's own resources not Owing to the absence in recent required in the business. This and years of the usual informative re- the previous operation mean a sav. ports from the financial adviser ing in Debenture interest in the to Biam little has been known in neighbourhood of £200,000 to the, London of the budgetary position advantage of the holders of the of the country, but we have been share capital. The result of the able to obtain a copy of the last announcement was to cause a de Budget statement, covering the mand for Dunlop' units, which rose financial year ending March 31 In Sterling a small business was in market value to 384. On the 4 next. "This shows that a balanced done at 1/5 1/8 for second balf per cent. dividend, paid for last Budget has been secured. Revenue December, finishing with sellers at year, the return is, of course, is estimated at 12,428,420 baht, 1/5 3/32 November/December and absurdly small, but better results showing a surplus over expendi 1/8 1/8 January, buyers at 1/5 1/8 may confidently be anticipated.ture of 13,009 baht. In 1932-33 November/December and 1/6 6/32 While no interim dividend has there was a surplus of 408,840 baht. January,
been paid for the current year, is Although revenue has fallen in U.S. Dollars.
was stated officially on September two years by about 8,500,000 baht The market closed with sellers at so that "the results, to date are the economies have been greater 36 9/16 November/December and satisfactory, and fully confirm the still, for 1931-32 anished with an 36 7/8 January, buyers probably at forecast made in the chairman's actual dedclé of over 8,500,000 36 5/8 for cash and 37 January, speech in May."
Sterling
Canton Silk Market
From the Kwangtung Raw Sijk Testing Bureau, Department of Reconstruction, Canton,
Canton Quotations,
November, 25 Extra 0.8. 13/18 H.K. 2500N. Small Extra 0.8. 13/14 HK.
* $475N.
Crack N.S. 14/16 HK. 375K. Extra Extra 20/22 HK, #335P, Waste N.S. Open HK. $30N,
Yokohama Quotations,
November 27. Spot, Yen 30 Bourse 6. Month Ten 530,
CHINA AND DUMPING OF IRON AND STEEL!
Suggested New Tax On Foreign Goods
baht.
Yuan on the 24th inst,
Recently, the Shanghai Associa tion of Chinese Factories despatch- ed a petition to the Ministries of Finance and Industry requesting that & dumping tax be imposed on foreign iron products. It was pointed out that due to the dump- ing of foreign made products, the bativo market his suffered decline,
Tel. 28380-Gloucester Building, Room 306.
(REUTER'S AMERICAN BERTICE. }
Low: Nov, 28.
13.23 39,54 18.6334:60 05.78 79.60.
Nov, 27. Change 95.77 3.51 down 37.92, 1.6* down $3.73 .67 down
80.95 25 up
Asia Landa, Limited, has received the following report form their New York correspondents, E. &. Pierce & Co. We frankly cannot explain the heaviness of the market, except that it is possible that it may be due to the rumour that there need be no fear of drastic inflation and that the incentive to the rapid purchasing of common stocks has disappeared, at least for the present. Unless we are to have a substantial reaction, is seems that support should come tomorrow at about today's low levels.
Wheat: The declining Sterling Exchange, December liquidation and local short-belling caused an early weakness.-A-Government agency buy- ing "cash" wheat, forced short covering. Statistics are moderately bullish, but the Trade is bewildered.
Cotton: The decline was due to liquidation partly from abroad, which aupplied Trade buying on the scale down. Speculative demand is small
Silver: Declined on the weakness of the Sterling Exchange. This. weakness, together with the weakness of other commodities is perhaps attributed to the conviction on the part of speculators that the "sound money" talkers are going to get somewhere. Business Done: 166,000 shares.
1939 Drv. $ HIGH Low PER BEL
Last Baze
Nov, 25. Nov, 27.
1054*
30%
3.00 Air Reduction
$304
$06
1427
42!
9.00 Allied Chemical & Dye
140
1371
879
43 ་
4.00 American Can
18*
95
4
5
American Smelting....
4340
1872
70+
8.00 American Tel. & Tel...
120 119
942
44
8.00 American Tobacco "B"
74
541
43
11
1.00 American Waterworks
104
18
228
3
Anaconda Copper Mining
10
131
1511
294
2.00 Auburn.
441
.42)
214
44
Bendix Aviation
me
144
14
18
431
100 Borden Company
ánimet
21
901
13
907
7
72)
1031
164
994
99
291
46
Caso Caterpillar Co.
47%
178
1.40 Chaas National Bank ...
19 Bid 194Bid
401
1.00 Chrysler Motors
48%
a1
3.40 Consolidated Gas of N.Y. Curtiss Wright ........................
38
24
708
Canadian Pacific
·J. I Clase väsen
2.00 Da Pont de Nemours 3.00 Eastman Kodak fine
Electric Auto-Lite Co.
0% Electric Bond & Share
Electric Power and Light..
龌
0.40 General Electric.
.20%
302
198
1.60 General Foods
35
351
401
1.00 General Motors
324
*314
341
112
∙107
271
81.
48.
134
84
#27
น
28
Nanking, Nov. 17.-The Ministry of Industry, it is reported, is-con- sidering appeals for the imposition Besides the imposition of a of a dumping tax on importe of dumping tax on foreign in im- iron and steel products. A pro- ports the petition further requeste posal to this effect will be sub that the tax on native ores and mitted to the joint meeting of minerals be reduced so as to faci representatives of
various litate the recovery of the mining Ministries under the Executive industry,Kuð Minnes
the
1,09 Gillette, Bafety
1.20 Gold Dust
----
10.0.60 International Harvester
International Tel: & Tel. 4.00 Liggett & Myers
Loew's Luo, me Montgomery Ward.
National Biscuit d
181-100 National City Bank
1.20 National Dairy Products 0.00 Otis Elevator.
1. Facific Glas &c
Packard Motors...
8060 Pennsylvania Railway ne
Radio Corpn+Tan Bears Rooback.
81.00 Standard Brands
Standard Gas
1.00 Standard 03 Co of New
Jersey
Socony-Vacuum Corpn. 1.00 Texas Corporation
Trane-America
* 1.00 Union Osrbide &.
6.07 Union Pacific Pa
United Air and
United Corpor
United
Bid Bid