DAILY SHARE QUOTATIONS Hong Kong Stock

Buyers Ballers

Exchange

Sharebrokers'

"Association

HONG KONG DAILY PRESS, TUESDAY, DECEMBER 5, 1933.

MONEY AND MARKETS

PRESIDENT inerS

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

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

Fortnightly sailings Fres. Pierce...Dec. 19, Midnight Pres. Hoover ......Dec. 30, am. Pres. Wilson.....o. 16, Midnight Pres. Coolidgo Jan. 27, a.m.

To VICTORIA, SEATTLE 17 Days

via Shanghal, Kobe, Yokohama

Fortnightly sailings Pres, Jackson ...... Dec. 8, Midnight Prus. Jefferson..... Dec. 27, Midnighn Pres. Grant Jan. 3, Midnight Pros. Cleveland ...Jan. 19, Midnight Pre. Jefferson.....Feb. 2, Midnight

·ROUND TRIP FARES TO EUROPE & AMERICA.

Direct Special through rates to Europe ris United States. connections with all Atlante lines,

Choice of rail lines across

United States and Canada, liberal stop-over privileges for

Sight-ancing. Full particular upon application.

%

Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straite. Colombo, Bombay,

19uez Canal, Alexandris, Naples, Genoa, Marseilles,

Yew York and Boston.

Pres. Van Buren...Dec. 9,8

Prom. Adama

Jan. 20,880.

Dec 23,8 m.

Pros. Harrison

Feb. 3,8.

Pres. Hayes

...Feb. 17, 8 a..

MONDAY.

Natal

Buyers

Bellars

Valar Ülimina

DECEMBER 4.

Banks

$1,830

$1,830

H.E. Banke

H. K. STOCK MARKET

LONDON EXCHANGE RATES

11,83

!!!!!!

£131 21st

201

£18

$101

Do. (London) ..! Chartered Banks

www

Mercantile Bks. "A"

Do.

Bank of East Asin....

(BRITISH WIRELESS SERVICE)

"YESTERDAY'S "OFFICIAL

£18) $88

QUOTATIONS

+%

N. C. & S. Banks

17

$90

Am. O. Fin. Corps 8.

Ch. Fin. Corp. Ord. 5.

35

Do. Pref. 8 Insurance

$336

Canton Insurancee...

$1.55

Underwriters

31.05

1583

Union InsuranOES .....

2525

China Fir

1680 $525

3200

H.K. Fina

36.30

International Assoc S.

$270

In spite of higher bidding. 1397 however, offerings appear to be scanty, holders apparently being reluctant to part with scrip.

Sales.

A more optimistic feeling per- vaded the market to-day, and a number of issues improved their position.

On Amsterdam Athens Belgrade Berlin Bombay Brussels Bucharest

Sterling Parity

Nov. 29.

Nov, 302

12.10 Florins

8,90

8.22

375 Drachmae

375

376

978,316 Dinars 90.43′ Marks

242

242

13.81

13.85

1. 6d. per Eupee.

35 Belgsa

1/5 31/39

1/4 13/32

23.711

'23.751

}:

..... 813,688 Lei

560

660

Buenos Aires

47.58d. per Peso

491

35 Bellers

Copenhagen

18.159 Kroner

99.40

22.40

Genera

2.99 Franca

17.0

17.09

Hongkong Banks, 81830.

shipping

Wharves, 8120.

Helsingfors

193.23 Marka

290j

335

Douglases

c

$34)

Electrics. 972.

Hongkong

1/5

1/8

Lisbon

110 Escudos

110

110

Steamboats

à

330

Indos (pref.)

$30

Telephones (cum. Rights), - 830),

Telephones (Rights),' $114,

Madrid

25.224 Pešetas

409

40 7/18

$35

Do. (dol.)

#

$36

Buyers.

Milan

92.46 Lira

69

$21

80 71

Shella

50%-

Union Insurances. $585

Montevideo

30,88d. per Peso

38 O.R.

351 Sollers

$15

Waterboats

$15

Underwriters, #1.55,

Montreal

4.887 Dollars ·

5.10.

-5.00

Kining

{82 et".

Amtamoks ..........

83 ots

Raubs, $13.40.

Wharves, $118."

New York

4.887 Dollars

5:19

3.17

Oslo

18.159 Kroner

19.90

19,00

334

Balat.cos

Ewo Cottons, Sh.8124.

Paris

194.81 Francs.

84 7/32

84.15/32

30 ets.

Baguio Gold

50 ita

Hotels, $6.35.

Prague

$10

Benguet Consolidated

341

Rio de Janeiro

14:40 ote:

Do. Exploration"

+

35 ct i

164.25 Kronen .-28.93d. per Gold" ~

Milreix

111.

111

+ Nom

4.1/10 Bellers

Pres. Garfield

30 ots Da. GoldBeld

1/38

1/31

Pres. Palk......

30 eta

Big Wedge

30 ets.

$9

Gold Creek.

18.150 Kronar 34.584 Schillings

19.39)

19.30

30

30

$8

*71.

24/6

$18

34.48

16 8%

Ipo Mining.

Itogons Kalans

Langkata (şin çie) S. Explorations.......

Shanghai Loans 9.

Raaber

Tronoh Minga

94.56d. per Yen

1/2 5/16

1/29/32

...

LET

25/-

$181

$4.45

$8.85

$13

Lane, Crawfords, 844.

19/

551

Bank of East Asia, 8101.

18 5/16

18)

24%

18. 100 3/16

18 7/16 1001

Free Pierce...

Pres, Jefferson

$13.40

38

Venezuels Gold Fids.

Docks, WharVÍK,

Godown, sla,"

$117

192

$1.35

0184

16

8. China Motors

$8

Do.

28.20

$711

+++

H.K. & K Wharves $118 $1194

Providente (old) ... $2,70

Do. (new)..60 0.

H.K. & W. Docki ...)

$149 Shanghai Dooks S.

$7

New Engineering 8.

174

Lands, Hotals, and

Buildings

H.K Lands.................8.

Metropolitan Lands....

26.20

$348

Hongkows

H.K. Hotele

331

Shanghai Landa...8.

$14

36.20

HK. Realties.......

$15

China Do

$137

Do. DebenturesS.

$18

Humphroys

New Asia Hotel

$140

Ana Realties "A"8.

596

$19.65)

172

$20

Do. "B".

Chíneas Estates

Gotton Mil-

Ewod

$116 S'hai Cottoda....S.

813

1019 11

****

$148

-73

Hongkong Landa, $723.

Humphreys, 812

Chinese Estates (ex, Div.), 898. Hongkong Trams, #21.

Star Ferries, 899.

China Lights (old), '#10.05.

Electrics, 8724

Telephones (Cum Rights). 8301

Telephones (Rights), #114.

Dairy Farms, 828).

Government Loans, 4% Prem..

Sellers.

Wing On (Textiles), Sh. $70. Wing On (H.K.). $140.

THE EXCHANGE MARKET

MESSRS." ROZA BRÜS.

REPORT

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

Silver prices were higher over #12.10 the week-end to the extent of 1/8 161 for Ready and 3/16. for Forward, the quotations being 18.9/16 for Ready and 181 for Forward. The rise was attributed to China Banka' having bought. The market was $17.00 steady. In America the rate was 119 unchanged at 431 for Spot. The

market was quiet..

Zoong Sings..... 5.

$170..

***

Wing On Textiles(9.).

8134 15

Public Tuliting

$21

Tramways

321

151

Peak Trama (old)...

115

$7**

Do.

(new)...

37+

$99

Star Ferries-

399

$841

Yaumati Ferries ...

$24

China Lights (old)... $10

$9:60

Do. (now)... *

H.K. Electrica

71

Macso do.

$10

Sandakan Lights ...

$30 RAH

Telephones U. Rta. $29)

2264

Do.

$11

Do

X. Rt. Rights $11

$24

#111

China Buses.....8.

15/

316

3284

$4.20

mambun

$13

Tractions

Do. (pret)) Industrials

Malabon Sugara

321 Callback, Word) 8.

$18 Macgregoraj (prof.)8.

26

38

$9.50

ä ets

481

Canton Tees ........ Cements (comb.)...

Do

Do

(old)... (net)...

Ropes *******

Miscellansotis

Dairy Farma.................

Der A Wing...rmina

Amusementar

Ch. Etainment......

Construations, ́ (old)}

Do.

(new)|55 eta.

Lane Crawforda,... $4.20

Nanyang Tobacco...

$18

New York advices reported the opening rate at 5.17 and the clos-" ing rate at 5.19. The market was quiet.

With the exception of

the "Shanghai rate which was unchang- ed at 110 and the Bangkok rate unchanged at 134 nom., other rates. were put up.

Market. Firm during the early part of the morning but subsequently eased off slightly.

Sterling.

second

Shanghai

Stockholm

Vienna

Yokohama

Silver (spot)

Silver (forward) War Loan

ON LONDON:-

Closing Quotations

ON NEW YORK:—

Bank Bills, on demand cel Credits, 60 days' sight. noin

Bank Billa, on demand 195-

Credits, 4 months' sight 835

On demand

December 4, 1933.

Telegraphic Transfer... Bank Bills, on demand '/^$ Bank Bills, 4 months'

sight

1.ON BATAVIA :----

On demand

15.

·ON PARIS:-

Credits, four months'

sight

1/51

ĐN SHANGHAI-

ON SAIGON:—”

On Demand

ON SINGAPORE! —

ON MANILA:=

On demand

60

On demand

ON JAPAN-

ON BANGKUK :---

On demand

...118

On 'demand

ON INDIA:-

Telegraphic Transfer... Bank, on demand

TRADE FIGURES

IMPROVING

Further Rise In Exports

Special Air-Mail Service

and

SOVEREIGNS, Bank Buying

• Rats

BAR SILVER, per oz.

572

તુ

133 -nom

1/5

189 18

ROYAL MAIL CO. MAKE LOSS

£9,000,000 Deficiency

A capital deficiency of £11,710,- 867 is revealed in the report for 1932 of the Royal Mail Steam Packet Co. JEsued last night. This is reduced to £9,011,342 by the transfer of the balance "of reserve, An even greater ultimate capi- London, Nov. 15.

tal·loss is foreshadowed by the The October trade returns record directors, who point out that the a continuance of the revival in deficiency merely represents such Great Britain's, oversea trade. of the losses as can be assessed at Imports were £61.771,000, an in the moment, and that it cannot crease of £1.004.000 over October be regarded as covering the whole The market opened with sellers last year: raw materials increased of the losses, mainly in relation at 1/54, buyers bidding 1/5.5/16 by 83,083,000, while foodstuffs to investments and guarantees, leading to business at 1/5.9/32 for tobacco.

drink decreased by which may result. near followed by transactions at 2739.000 Imports of foreign In particular, it is stated that 1/5.6/16 for

half De-manufactured goods were larger the value of investments in Ave cember. Later offers at 1/5.8/32 by £688,009 at a total of £14,187,- major subsidiaries, standing in were again accepted for cash. The 000, but this is a very small in- the balance-sheet at £5,998,500, market closed at lunch time with grease compared with the preced- I can only be a small portion of sellers at 1/6 December and 1/5.ing decline, for in the past two the book value

years there has been an enormous 10 eta 0/32 January, buyers

The directors also point out at 1/32 falling off in purchase of foreign that even the losses shown in the higher respectively.

manufactures. The present total deficiency Account, without taking U.S. Dollars.

of £14.187,000 is little more than into account tas further shrin The market opened with sellers half the figure on October, 1931,age in the value of investments at 37.11/16 December, buyers bid when the imports of these goods which cannot yet be estimated ding: 37.13/18. Later the buying amounted to €21,249,000. This and losses which may mature in rate receded to 372 resulting in decrease in foreign manufactures, relation to guarantees, exceed the business at 37.11/16 for near fol-which is mainly the outcome of issued and paid-up Preference lowed by transactions at 371 De-the tarif, has been accompanied and Ordinary capital £8,800,000 cember. The market closed at by a rise in imports of raw mate-which must be regarded as lunch time with sellers at 371 De-rials from £11,907,000 to £15,027,-lost. cember and 371 January, buyers at 000. 337 for near and 377 January, -

12

45

$29

$3,60

$101

39

·CO at #,

021

Mackintosha

$13.30 Sincor

$0.80

WAT2008

$2.10

W Powells

$10

M. Greyhounds.

$11

H. U. Enterprises

United Theatres....

781.

B. Ind. G. Bonds... 78%

prein,

FLE. Bort, Loam..... $15)]

$8

$140

$150

$146-

Wallace Harper .....

BK Wing Oc

Do

Asia Lands Limited

Gloucester Building Tel. 28880 We offer you a complete brokerage service for the purchase or sale of

New York Securities Daily quotations

sent-gratis-upon request. See our investment news on the Financial Page of The Hongkong (Dally Press,

"Canton", „&genta

John H. Ferguson & Co,

B. O. Shameen.

13624

Shanghal Dollars.

Coal and Cotton

During the year the fleet and shipping business of the company Yea.

The export Dgares are distinctly was transferred to Royal Mail For October they Lines, in accordance with the Merchants were quoted at 120 encouraging." for near delivery.

amounted to £38,792,000, an in-scheme of arrangement. The crease of £4,569,000 over last year. business of the company is now "Business was done in the Inter-Exports of British products were almost entirely that of an owner

£9,891,000 larger at E34,131,000. ↑ of properties and investmerits. Bank market at 110% for cash,

Bales of British manufactured ⠀ ⠀ There were sellers at 110.13/16 for goods amounted to £38,076,000, an near, buyers probably at 1107. ;

Shanghai, Early advices indicated the market as being firm with business done at 1/37 for January. Later business was done at 1/3.11/16 January. The market closed with sellers at 1/3 December, buyers at 1/3.11/16 December and prob- ably January.

A

Silk Market

From the Kwangtung Raw Silk

Reconstruction, Canton:

Testing Bureau, Department of

Cantom Quotations;

December 1, Extra 08, 13/15, HE. $580N." Small Extra 0.5 13/15, HK

increase of £3,399,000. 'All the leading industries participated in Canton the increase, including coal, iron, and steel, non-ferrous metals, cotton, wool, motor-cars, chemi- cals, and machinery, Exports of coal rose from 3,258,000 tons to 3,585,000 tons, and of cotton piece goods from 138 447,000 square yards to 155,602,000 square yards. Increases of exports to countries which have made, trade arrange- Early advices indicated sellers atments with this country are not- 34 for near delivery. Later the rate dropped to 33.15/16 near, buyers at 34 December.

0.8, Dollars.

IN THE "AFTERNOON, The market was quiet in the afternoon, the tone being again on the steady side,

Sterling. Business was done at 1/5.5/16 for January and 1/59/32 near, At the close there were sellers at 1/5 9/32 near and 1/5.5/16 January, buyers at 1/52 higher respectively POKENDS. "Dollars:!

The market closed with sellers at 271 for near and 371 January, buy ers st.37.11/16 for near and 38 January

able features of the returns. The coal exports are less than in 1931, but the cotton exports are larger. Re-exports" raze from £8,893,000 to £4,571,000.00 ENG

Crack N.8. 14/16, EL.K. $375N. Extra Extra 20/22 H.E. (330P, Waste NS Open, EE, $55N.

**Yokohama Quotations,

Spot, Yen 550 December 2.

Bouse 6 Months, Yen 355.

INDIA LOAN OVER- SUBSCRIBED

For the 10 months the imports, amounted to £549,424,000;" a čer crease of £31,540,000 öü fast year. merchandise are actually larger Exports of British produce and than last year, the total belug £302,527,000, against E301,548,000), Total experia,ncluding re- The £10.000.000 India Govern exports, however, show, a decreasement Three-and-a-Half per Cent. of £165,000,- Compared with 1931 Loan 1954-59, offered at 97. 'per, Imports are 2152,567,000 less, while cent, was over-subscribed yester the trop in exporta is only day; the subscription Hats, which 234,651,000, and in British exports opened at 9 al., were closed 25, only £22,096,000.

minutes later

Dec. 12,6 p.m.

Dec. 18, 6 pin,

.Dec. 21, 9 p.m.

„JAD.

TO

Next Sailing..

Pres, Hoover

6, 8.m.

MANILA

....Pres. Van Buren Dec 9, 8 a.m.

Pres. Garfeld Deo. 23, 9 20. Pres. Grant ........ Dec. 30 6

pm.

Connecting with 88. MAYON To CEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES

MAIL LINE

PEDDER BUILDING-HONG KONG.

CANTON BRANCH 2-4, „MAKER BOAR,

AMERICAN

NEW YORK STOCK EXCHANGE

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

Tel 28380-Gloucester Building, Room 306.

(REUTER'S AMERICAN-SERVICE)

New York: December 2.

Dow Jones Average: High-199

20 Industrials

108.27

20 Rails

56.53

20 Utilities

37.73

tow: Dec, 1. Dec., 9.

41.32.

99.07 13.33 unreceived 28.11 16.58

Change

88.07

$6.78

13.38 -80.66

40 Bonde

Axia Lands, Limited, has received the following report form their New York correspondentä, E. A. Pierce & Co. It looks as though the market. may continue to move within a narrow range, barring some important Announcement. The controversy over monetary policies has gone in the background during the past few days, resulting in more stress being plac ed at points where business seems making progress

"

Wheat: The market opened lower, ignoring higher cables from abroad. The failure of the gold price to be raised evidently discourages support. Prices eased, catching stop loss orders and then rallied towards the close.

Cotton: The market was a dull affair today, but the tone was steady and some price fixing occurred, while offerings were limited..

Silver: Opened easy, doubtless on the lower Sterling exchange.. There was good bidding for December option, but only two lots were said. Towards the close the market falt the influence of short covering by a ring of speculators... Business Done; 340,000 shares.

ولاه

42

FOL

9.00 American Tel, &” Tol

183

HIGH

DIV. $ Low P. 8.

LAST SALE

Ded 1. Dec., S

1001...

20%

3.00 Air Reduction

..$102

8100

142)

6.00 Allied Chemical & Dye

143

1441

97*

20

4.00 American Can

08

. 98

American Smelting...

438

1174

137

·942

44

432

22

5.00 American Tobacco B" 1.00 American Waterworks

Anaconda Copper Mining

74%

**

17

1511

28

2.00 Auburn

45

14

904

12

-J. I Case

29

0.60 Caterpillar Cs.

227 23

1,40 Chase National Bank

19 Bid 19/Bid

49%

1.00 Chrysler Motors

3.40 Consolidated Gra of

37

Curtis Wright

· ទ

2.00 Du Pont de Nemours ........

478

18

(67)

Bendix Aviation

1.00 Borden Company

Canadian Pacific

3.00 Bastana Ködak

Electric Auto-Lite Co......

%. Electric Bond & Share

Electric Power and Light...

0.40 General Electric

1.60 General. Feade

1.00 General Motors

1.0 Gillette Balck.....

1.20 Gold Dust

0.00 International Harvester *-*-International Tel. & Tel 4.00. Liggett de Myers, MB

1.00 Loews Inc, Din

Montgomery Ward

2.80 National Hisonit....

LOO National City, Bankamus 1.90 National Dairy Products.... 10.00 Otis Elevator

10 Pacile Gas & Electric

Packard Motors Jum

0.40 Pennsylvania Railway

Radio Corpn.

Saare Roobuck*****

1.00 Standard" Branda

-Standard Glas"

1.00 Standard Oil Co. of

Socony-Vacuum Cory

1.00 Texsa

1.00

Trans A

oration

-10 xd 17

402

13

83.

471 47)

21 Bid at Bid

13 xd

12

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