HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 6, 1933.
MARKETS
MONEY AND Sharebrokers'
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Buyers Ballere
Nominal
TUESDAY. DECEMBER 5.
Banks
Association:
Sellers
Bajori
⠀⠀⠀⠀⠀⠀!!!
E.E. Banks
Do. (London) ... Chartered Banks... Mercantile Bis. "A"
Do.
Bank of East Asia....
N. C. & 8. Banks
Am. O. Fin. Corp. 9.
Ch. Fin. Corp. Ord, d..
Do
Pref: 8
Canton Insuranc08....
Underwriters
****** 31.65
سولية
Ma
H. K. STOCK MARKET
LONDON EXCHANGE RATES
$1,830
£15)
£19
100
(BRITISH WIRELESS SERVICE).
$7
YESTERDAY'S OFFICIAL
QUOTATIONS
Although conditions were quiet-Athens er to-day, the level of prices Belgrade reached yesterday was well main- Berlin tained activity being particularly Bombay Brussels pronounced in Hotels, Telephones
and China Lights.
Sales
Telephones (Cum. Rights) 831.
Telephones (Rights), $11.
Cements (Com), 817.
Bucharest Buenos Aires Copenhagen
Geneva Helsingfors Hongkong, Lisbon ... Madrid Milan
Montreal
1s. 6d. per Rupes
36 Belgaa 813,568 Lei 47.36d. per Peso 18150 Kronėr $5.99 Francs 193.23-Marks
$1,830
--
11,830
£131
Ela
220
£19
STUT
$20
36
Insurances
$336
***
$397)
31.55
1585
Union Lururanos“ .....
$680
1520
China Fires
3528
$590
H.K. Firest....
$8.30
International Assos, 8.
$370
Hongkong Banks, $1830.
Union Insurances, 3585.
..Shipping
"Wharves, 8120.
$36
Douglass
$342
Hotels, $8.40.
Steamboats
316
Hongkong Lands, 871.
530.
Lados (pref.)
$30
Electrics, 9721.
Do. (def.)
$35
50.7
Shella.
bel-
WaterFoate
$18
Mining
82 ets.
Amtamoks
as cta.
$34
Balateos
60 ola.
Baguio Gold
$10
40 obr.
Do. Exploration
30 ot
30 ct.
Big Widgę .....................
39
$9
372
82/0
$18
$4.45
$6,85
135
$15
Benguet Consolidated
Do. Gcidfeld.
Gold Creek.........per
Ipa Mining.
Itogons..........
Kallan... Langkats (single) Explorations......
Shanghai Loans 8,
$13.40 Raubs
Venezuela Gold Fida
H.K. & E. Wharvsa. $118
Providents (old)
$5.80
(new) 76 cts,
H.R. & W. Docks
S. China Motors' A'
Tronoh Mines.....
38
Docks, Wharves,
Godowns, sto.
$118
120
$1.35
STR
$6
ล
$140
$7
$348
Do
Da
Shanghai Docks S.
New Engineerings9.
Hongtawane
Landi, Hotels, and
Buildings
150°sta. 341
35 eti
K
130 afb.
Buyers.
Whatvės, 8118.
.Providents (old), $27.
95/..
118
Electrics, #724.
$4.45
$6.85
3131
Dairy Farms, $283.
197
***
$53
$120
---
80 CÉU.
+
តខ្លួនគម្ពីរ
Wing On (Textiles), 870.
691
22.40
7.03
On
Sterling Parity
Nov. 30.
Dec. 5.
Amsterdam
1410 Florina 375 Drachmae £76,316 Dinars 90.43 Marks
8.99
8.90
575
688
942
953
15.20
13.88
1/5 13/39
176
23.751
23,72
560
360
35) Seller's
35) S.O.
22.40
17.09
298
926
1/5
1/5
.... 110. Escudos
110
110
25.22) Pasetas
407/16
401
Montevideo.
92.48 Lire 30.89d. per Peso
63 21/32
95 Sellers
4.867 Dollar
5.00
5.02-
New York
4.667 Dollars
8.17
5,09
Oslo
18.150 Kroner
19.00
.19.90
Paris ......
194.91 Francs
Prague
184.29 Kronen
84.13/32 111.
84 9/32
1111
Milreis
4.1/16 Sellers
4 S.O.
Shanghai ...
1/31
1/30
18.158 Kronor
19.39
34.58 Schillings
30
24.58 per Yen
1/99/39
18
18 9/16
18 7/16
18)
21% 1001
19.39
30
1/20
1001
Ewo Cottons, Sh. $12.80.
Hotels, "86.35.
Humphreys, $12.
Chinese Estates. 896.
Hong Kong Trams $21.
Star Ferries, $99.
China Lights (old), 810.05.
Telephones, $304.
Lane. Crawforde, 841.
Government Loans, 4% Prem.
Sellers.
Bank of East Asia, $101. - Wharves, 8119.
Wing On (HK), 8140.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
REPORT
Messrs. Roza Bros, have for- warded us the following exchange market for yesterday:.................
unchanged
Buver prices were yesterday, the quotations remain- ing at 18.9/16 for Ready and
for Forward. reported
18
Rio de Janeiro...... 28:93d. per Gold
Stockholm Vienna
Yokohama,....... Silvar (spot) .....
Silver (forward) Wir Lond
ON LONDON:-
Closing Quotations
December 5, 1933.
Telegraphic Transfer... 1/4
ON NEW YORK:-
Bank Bills, on demand 78
Credits, 00 days' kight.. noi
ON BATAVIA :-~~
· On demand
ON PARIS:-
SOVERSIONS, Bank Baying
Bate
BAR SILVER, per. oz.
น
$148
38
i
"
Bank Bills, on demand
Bank Bills, 4 months'
572
sight
Credits, four months'
Bank Bills, on demand '698
sight
1/61
Credits, 4 months' sight 635
ON SHANGHAI:-
ON SAIGON:
On Demand
1108
On demand
મ
ON SINGAPORE:---
ON MANILA:-**
On demand
eo
On demand
728
ON JAPAN:-
OF BANGKOK:-
On demand
118
On demand
hd, nam
ON INDIA:-
Telegraphic Transfer... 1 Baak, on demand.
J./5:
831
******* 18 &.'18
PRESIDENT LinerS
13
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
TO SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailing" Pres. Pierce........Dec. 19, Midnight Pres. Hoover ....Dec. 30, 4 jam. Free Wilson ....Jan. 18, Midnight Pres. Coolidge Jan. 17, 0. Pres. Lincoln
Feb. 12, Midnight
TO VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings Pren, Jackson. Deo. 8, Midnight Pres. Jefferson..... Dec. 15, Midnight Pros, Grant Jan. 5, Midnight Pres. Cleveland. 19, Midnight Pres. Jufferson.....Fab. 9, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA!
Direct Special through rates to Europe via United States.
Cholos of Tall lines serous connections with all Atlante lines. United States and Canada, liberal stop-over privileges for
Sight-seeing. Full particulars upon, application.
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Ganes, Marsilles, Yew York and Boston.
Pres. Van Buren ...Dec. 19, 8 am. Pres. Adams Jan. 20,8 a.m.:
Dea. 25, 8 am." Pres. Harrison......Feb. 3,8 am. Feb. 17,8 a.m. Jan.
Pros: Hayes 6, 8. L.m.
Pres. Garfeld Pres. Polk
TO MANILA
■
Next Salling......... Pres. Van Buren Dec. 9, 8 a.m.
Pres. Pierce..........Dec. 19,5 pm. Pres. Jefferson... Dec. 18, 6 pm. Prea, Hoover ....Dec. 21, 9. p.m.
Pres. Garfeld Dec. 23, 8 a.m. Pres, Grant .................... Dec. SÚ 6-p.m.
Connecting with 8.8. MATON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAIL LINE
PENDER 'BUILDING-HONG" KONG,
CANTON ZEARCH :-Á, SHAKYE HOLD.
1
steady. In America the rate was Japanese and Bradford Buyers
at 431 for
Spot, The
market was ärm.
New York advices reported their opening rate at 5.12 and the closing rate at 5.134. The lowest rate done was 5.04 The market was very erratic.
With the exception of the Gold rate which was put down to 38 and the Manila rate down to 78, other rates were, unchanged. Quotations were as follows:
Market..
Predominant
Auckland, NZ., Nov. 27. Practically every bale of wool on offer was sold to-day at a price on the basis of which this season's clip in New Zealand may mean an ad- altional 25,000,000 for the Domin-
ion.
$8.35
$71
H.K. Hotels
16.35
$6 45
$31
514
H.K anda...B. Shanghai Landa...8. Metropolitan Lands
273
15.20
H.K. Benities.........
38
$15
Chins Do
3137
Do. Debentures,
$12
Humphreys
..........
New Asia Hotel
$12.10
381
$140
Asia Realties "A'S.
$12.80
$98
320
Chinese Estates.....
Cotton Talla
Ewo
Do.
"g".
:
$17.00]
......
$116
S'hat Cottons......
119
Silver advices, America
having of China bought.
operated both ways. The tone at the close was
NEW ZEALAND WOOL "SALES
813
Zoong Sing......
$770
Wing On Textiles(8)
$131 186
+ lower
Paille Utiliting
$21
Tramways ---
$21
$151
Pest Trains (old)....
$36
$72
Do.
(now)...)
574
$98
Star Ferries
$591
$241
Yaumati Ferries
$24
$10.08
Chias Lights (old)... 310.10 $10.20)
39.55
Do. (now).
$72
$721
B.E. Electrica
$7:
123
Macao do
$104
$301
$304
Sandakan Ligista...
Telephones C. Rta. $30.00
1254
Do.
X.Et.
$25
311
་་་
Do.
Rights $11
#111
China Buses.....B.
3/
Tractions *ས་་་མས་**
::
15-
Do. (pref.)
Industrials
$15"
Maisbon Bugars
$18
$21
Caldbeck, ord.) 8.
Masgregora (pre!.)8.
also ar-
16
Canton Ice
Cements (comb.)... $1.70
21.60
12.50
Du.
(old)...
6 ots
Do.
(Dew)...)
481
Hopes..........
Miscellaneous
$28+
Dairy Farms
129
U
Der A Wings...
Amusements......
$101
Ct. E'tainmanta...... 310.10
32
Constructions, fold)|
$21
***
€0 of
Do, (new) 55 sta
The
Lane Crawford...... $4.30
$21
Mackintoshsusuren
Nanyang Tobacco..
$3.BJ
$13.20 Binceren ...........
Watson....shouzštian
13.10
prem.
$140
£6.60
$2.10
W Powells
310
M. Greyhounds...
8. C. Enterprises ...
United Theatres ... 8.
75%,
$8
B Ind G. Boads... 18.
HE. Garh Losas... $13)
Wailage Harper......
AK Wing
8'bai Da
Оп
Steady,
Sterling.
There were sellers after the .opening at 1/5.5/16, leading to business shortly at 1/5.11/32 tor second half "December followed by transactions at the same rate for
Later 1/5 was cash. ranged for second half December, Towards lunch time 1/5.11/32, was again, transacted, for near de 10 cts. livery, closing with sellers at 1/5.- "5/16 December and probably 1/53 January, buyers at 1/6.11/32 for near and 1/5.13/32 January.
U.S. Dollars.
Offerings totalled 23,782 bales. Bradford and Japanese buyers led the bidding-Reuter.
SILK INDUSTRY IN JAPAN
Limitation Of Hours To Reduce Production
U.S. TREASURY BOND PURCHASES
Washington, December 5. The Acting Secretary of the United States. Treasury, Mr. Henry Morgenthau, has announced that the Treasury purchases to support the market in Government bonds last week amounted U.S. $2,545,000 as compared with U.S.$8,748,000 for the previous week.-Reuter,
GERMAN LOAN CONVERSION. From Dollars To Reichsmarks
Berlin, December 5. The conversion of the German dollar loans into Reichsmark loans, involving losses to German inves- tors and speculators estimated to be at least 300,000,000 marks, has been proposed by the Gold Dis- count Bank in conjunction with Over 1,000,000,000 marks will be about a dozen big industrial firms.
affected. A
Tokyo Nov, 28. Voluntary limitation of working hours in order to reduce production was decided upon by the National
It is proposed to pay 280 pfenniga Federation of Silk Industry Unions at a meeting in the Silk Thread per dollar to reduce the interest rates from six to 4.5 per cent, and Hall here last night.
of pro- from seven to dve per cent. Compulsory regulation duction was declared inadvisable Reuter, for second half December. market closed at lunch time with and, after a long debate, it was sellers at 37.7/16 December and decided that each factory owner 37.11/16 January, buyers at 371should
Business was done at Steady. 37.7/18 for near delivery and 37
for near and 37.13/18 Jannary.
Yen.
- Merchants were quoted at 1.20 for near delivery."
Shanghai Dollars, Sellers at 1104 for near, buyers at 1102 for cash,
reduction.
spontaneously enforce a
EXTRADITION OF JACOB FACTOR APPROVED
Wanted For Share Pushing Frauds
It was generally agreed that un- controlled production and sale of the product has seriously affected Japan's Industry and the members agreed to establish a new organisation to control production
Washington, November 543 as well as sales in the future.
The extradition to England "of Bellers were indicated at 1/34 for Another general meeting of the near, buyers at 1/3.11/16 Decem-Federation of National Silk In Jacob Factor, who is wanted in dustry Unions will be held on connection with charges of alleged U.S. Dollar,
December 12 to continue the dis-share-pushing frauds on British at cussions-United Fresa”
3180
$145
ber.
Asia Lands Limited
Gloucester Building Tel. 28380 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
the Financial Page of The Hongkong (Daily Press,
Camion Age
John H. Ferguson & Co.
B. O. Shameen.
18624
Shanghai,
Sellers at 334 for hear, buyers
33.13/16 December
IN THE AFTERNOON, The market was quiet in the afternoon..
Sterling."
In sterling a small business was done at 1/51 for January delivery, finishing with sellers at 1/5.5/16 December and 1/5.11/32 January,
NAGYPTIAN COTTON:
AUCTION
་་' ། London, December 5. The Egyptian Government has buyers at: 1/5.11/32 December and authorised the National Bank of 1/5 January.
U.S. Dollars.
investors involving £1,600,000, was yesterday approved by the Supreme Court
This concludes a legal battle which has been waged for two years between the British Govern- ment and Jacob Factor's legal ad- visers,Reuter
Egypt to dispose of the Govern- Canton Silk Market ment stock of cotton by auction, The market closed with sellers according to a Cairo message re- at 37.7/16 December and 37.11/16 ceived here yesterday, Reuter, January, buyers at 37 for near and 37.13/16 January.
UNEMPLOYED IN BRITAIN Improvement Over Last Year
NEW AUSTRALIAN LOAN.”
Landon, December 5.
As an exceptional measure the
Chancellor of the Exchequer, M
Neville Chamberlain, has agreed to London, December. 5. an immediate Commonwealth or Unemployment Agures fell In Australia Issue for the purpose of November to 2,280,000, which is refunding certain Australian loans 18,735 less than the number on bearing interest at rates of five and British October 29 and 519,000 less than a l a halt and five per cent
Wireless Service year ago.Reuter.
From the Kwangting Raw Silk Testing Bureau, Department of Reconstruction, Canton --
Canton Quotations.inf
December 2 Extra 0.8 13/15, HK, 8560N... Bmall Extra 0.8 13/15, HK
Crack N.8, 14/16, HK37EN, Extra Extra 20/22, H.K $380N Waste NB Open: H. $389.
December 4,
Yokohama Quotations, w Spot, Yen 550. Bouse 6 Months, Ten 388;
NEW YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).
Tel. 23330-Gloucester Building, Room 308.
(REUTER'S' AMERICAN SERVIOR.)
New York: December 4
Dow Jones Averages: High-1939
Low: Dec, 2
30 Industrials
108.97
41.32 99.07
Dec,
98.89
68.53
13.28 38.11.
30.04
18 down .42-up
37.73
16.53 33.38
$3.30
18 down
89.07.
.16 ap
20 Rails
20 Utilities .40 Bonds
68.78 80.86 81.12
Change
Asia Lands, Limited, has received the following report form their New York correspondents, E. A. Pierce & Co. There has been, no change in the market and it is difficult to get any fresh slant. Rails were relatively a little better and that was encouraging so far as it went.
tempor- Wheat Urgent liquidation is apparently over and there is arily logs pressure. The market promises to be irregular, awaiting monet- ary developments.
Cotton: quiet and narrow. The South sold sparingly. Scattered liquidation was absorbed mainly by the Trade.
Silver: The lower Sterling exchange and an accumulation of selling orders was responsible for the easier opening. The decline brought jood demand from commission-houses. The differences against December con- tracts have narrowed somewhat. Business Done: 870,000 shares,
FOL
183 HIGH 106
Dry.
* LAST SALI
Low P. Sa.
Dec., & Dec, An
.307
3.00 Air Reduction
$100) - $1014
142*
49
0.00 Allied Chemical & Dye
1441
142
074
201
4.00 American Can
96
420
of
American Smelting..
43%
431
1374
.9.00 American Tel & Tel.:
117
117
944
"44
6.00 American Tobacco "B
741
741
131
1.00 American Waterworks ....
17
.16
223
Anaconda Copper Mining
143
14
1512
2.00 Auburn
40
Bendix Aviation .......
91
Rat
15.
43
100 Bozden Company ADMI
20
204
201
Canadian Pacifio
123
J. 1 Che
103
292
0.50 Caterpillar Co.......................
141 Chase National Bank
19 Bid 19 Bid
1.00 Chrysler Motors
3.40 Consolidated Gas of N.I.
Curtis Wright vision
37
88
88
351
3.00 Eastman Kodak
in
2.00 Du Pont de Nemours "KING
Electric Auto-Lite Co. y... Electris Bond & Share Electric Power and Light,
0.40 General Electric
L00 General Frods
1.00 General Motors
1. Gillette Safety
1.20 Gold Dust ........
100.00 International Harveste
21
34
071
International. Tel & Tel. 4.00 Liggett & Myers
1.00 Loew The
Montgomery Wed
2.50 National Binenit! $1.00 National City Bank
1.20 National Dairy Pr
9.00 Otia Elevator.
170 Pacific Gas & Electric
Packard Motors
0.6C Pennsylvania Railway
Badio Curtin, Sears Rosback. 100 Standard Brands
Standard Gis 1.00 Standard Oil Co. of
Terkey/
Socony»Vadnum Corpá. Texas Corporation Trans-America
·Union Carolds Union Pacific United Air and United Corp United St
13.
287
Bia