DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Buyers
Balee Salam
Nemipal
31,891
£tati 214
Sharebrokers'
TUESDAY." DECEMBER 19
Baske
EK. Banks
Do. (London)... Chartered Banka...
Mercantile Bk's "A"
Da
Association
Jayara
Baller Sale Nomine.)
Bank of East Asia... $90
£12
$101
N. 0.48. Bankı
Am. O. Fin. Corp: B
$1,820
21.
*
£15
£25 BIRI
$7
要想
35
.
Ch. Fin. Corp. Ord. 8.
Do.
Pret 8
#71
701/71
$30
$14
$300
Insurances
Canton Isrances... $305.
$1.65
Underwriters
DATIN
Union Insurances .....
$680
$575
Chiza Fires********
31.85 7680 $525
1860
$265
H.K. Fires...
$205
18.
International Assos, S.
Shipping
$34
Dougianes
341
316
Steamboats
$15
130
Indon (pref.)
$30
135
Do. (def.)
$36
50/7
Shells.
58/.
$16.
Waterhout
$15
„Mining -
83 eta, Amtamoks
80' ota.
: 1
$34
Balatcos
160 ota.
Baguio Gold
$10
Benguet Consolidated
49 cta
$37
31 et.
Do. Exploration
133 ati
30 eth
Do. Goldfield
+w
35 sts
Big Wedge
32 sts.
Gold Creek.
19
Ipe Mining..
#71
Itogons......
23/-
Kalans -**
shi
$18
$4.35
Explorations.....
Langkata (single) 8.
$15
$4.30
16.65, Shanghai Loans d
$6.65
$17.80
Raab
Tronoh Mines wer
36
Veneraela Gold Fida.
$13.40
19. Sof
.Docks, Wharves,
Godowns, etc.
OPE
#115
H.K. & K. WhatToB
4118
$2.80
Providenta (old) ... $2.75
+31-
Do. Tue)
[80 cts.
#18
H.K. & W. Docks ....
$37
16
S. China Motors "A"
น
Bo.
rge
น
$149
$7
$351
Shanghai Dock, S.
Hongkow .......
Lands, Hotels, and
Bulidings
H.K. Lands
$148
New Engineerings8.
38
December 19, 121. Oy New YORK:-
ON
LONDON ; -*** Telegraphic Transfer...} Bank Bills, on demand j Bank Bills, 4 months'
sight
ON BATAVIA
On demand
15.
ON PARIS-
Credits, four months'
*aight
151
Or SHANDRAI
ON SAIGON
On Demand
10]
On demand .......
ON SINGAPORE!—
ON MANILA-
On demand
* *
On demand
ON BANGKOK :--
On demand
1161
On demand
OF INDIA:
H.K. Hotels.....
$6.15
161
$5.90
SOVEREIGNS, Bank Buying
>714
Shanghai dollars were quoted st
Shanghai Lands...9.
110 for cash.
Telegraphic, Transfer... Bank, on demand
Rate....
BAR SILVER, per oz.
Metropolitan Landı..
Shanghai,
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 20, 1933.
MONEY AND MARKETS
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
REPORT
Messrs. Roza Bros., have for- warded us the following exchange market.report for yesterday:-
Ready Silver was unchanged yesterday, but the Forward rate rose 1/16. the quotations being 18 for Ready and 18.11/16 for Forward. Silver advices reported
LONDON EXCHANGE RATES
On Amsterdam Athens
375 Drachmae Belgrade
276,316 Dinara Berlin
20:40 Marks Bombay... is. 6d. per Rupee 36 Belgas Brussela Bucharest
813,568 Lei
Buenos Aires....... 47.58d. per Peso Copenhagen Geneva Helsingfors the market as being very quiet. Hengking The tone was steady. In America Lisbon the rate was slightly higher at 43.80 for Spot. The tone was steady.
Nov. 1S.
16.86
1001
(BRITISH WIRALIJI~ SERVICE)
Sterling Parity
Dec. 16.
13.10 Florins
8.14
811
$50*
580
210
940
13.09
1/8 3/84
23.30)
5.60.
13.66 1/63/64 2345 345
35 7/18 O.S.
18.150 Kroner 95.29 France 193.23 Marks
92,40
'357 8.0. 92,40
18.01
2264
1/3 3/16
298 1/63/18
391
62 1/16
Paris
Prague
Rio de Janeiro
30.88d. per Peso 4.867 Dollars 4.167 Dollars 18.159 Kroner 194.21 Francs 184.25 Kronen 20.93d. per Gold Milreis
30 8.0.
38.0
3.071
5.10
5:113
5.14
79.90
19.00
.83 15/39
83+
1001
110
4 8.0.
41 8.0.
Shanghai
Stockholm Vienna Yokohama Silver (spot) ..:- Silver (forward) War Loan
18.150 Kranor 34.55) Schillings 24.50d. per Yen
19.39 29 1/918/32
18 11/18
1/2 15/39 188
181
18 11/16
-21%
1001
101
Madrid Milan Montevideo
New York advices reported the Montreal.... opening rate Rt 5.14) and the New York ...... closing rate 5.14. The highest rate | Oslo done was 5.171.
With the exception of the US dollar rate which was put up 1/4 to 36 and the Manila rate which was put up 1/2 to 724. other rates were unchanged,
Market.
Steady but dull.
Sterling.
Business was done during the course of the morning at 1/5 for January delivery. The market
closed at lunch time with sellers At 1/5/11/32 December, 1/51 January and 1/5.13/32 February, buyers at 1/32 higher respectively. U.S. Dollars,
.
Business was done at 374 for January and also 30th December. The market closed at lunch time with sellers at 371 December and 371 January, buyers at 37.7/16 for near and 371 January.
Yen.
Merchants were quoted at 119 ON JAPAN: for near delivery.
Shanghai Dollars,
3110 Escudos 25.221 Pesetac 99.48 Live
1091
39 13/32
"89 3/16
1/3 9/16
Closing Quotations
+
1/3) 10.391 29}
Credita, 4 months' sight #27]
13
PRESIDENT
Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days
vis Shanghai, Kobe, Yokohama, Honolulu
„Fortnightly sailings" Pres. Hoover.....Dec. 99, Midnight Fres. Wilson....Jan, 16, Midnight Pres. Coolidge Jan. 86, Midnight Pri. Lincoln...... Feb. 13 Midnight
4.4
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings Pres. Jefferson... Dec. 1, Midnight Pres. Grant... Jan. I. Midnight Pres. Cleveland...Jan, 19, Midnight Pros, Jackson Feb. 2, Midnight Pres. Jefferson.....Feb. 10, Midnight ROUND TRIP FARES TO EUROPE & AMERICA. Special through ratas to Hurope vis United States. Direct connections with 'mli Atlantra lines. Choice af rall lines across United States and Canada, liberal "stop-over privileges for Sight-seeing. Full particulara apon application.
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits. Colombo, Bombay, Bues Canal, Alexandria, Naples, Gente, Marseilles, New York and Boston.
Pres. Garfield ..........Dec. 29, 8 am. Pres. Polk
Jan. 6, 81.m. Jan. 20, Ba.m.
From Adams
TO
Next! Salling.
Pren. Harrison (..............Feb. 3,8 a.m. Prem HaysFeb. 17,8 a.m. Pres, Johnson.....Mar. 8, 8.
MANILA
Pres, Hoover Dec. 21,9 p.m.
Prea. Garfeld ...... Dec. 13, 8 am Prea. Grant...Dec. 30, 6 p.m. Proa. Folk ma
Jan. 6, 8 m
Free. Wilson'.................... Jah, 9, 6 pizz. Pres. Cleveland...........Jan. 13, 6 pm. Pres. Coolidge.......Jan. 18, 9 p.m.
Connecting with BS, MAYON Tɔ CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAIL LINE,
FASDBE BUILDING-HONG KƠNG. CANTON BRANCH |--4, KVAKKE ROAD,
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD.,
QUOTATIONS
(INCORPORATED IN HONG KONG).
Bank Bills, on demand "8
Credits, 60 days' sight.. now
501...
Bank Billa, on demand 1874
502
..
19
133 ram
T
18
$8.80
HK. Healties.......
16
وزد
$154
China Do
$135
Da. Debentures3.
319
Humphreys,
New Asia Hotel
181
34
$140
Aria Realties "A" B.
De.
"B" 8.
Chinese Extato...
$70
$13 10
Cotton Mills
$117 S'ha Cottons......S
Wing On Tartiles(S.) $70
Ewos
$13,04 | #13,20 $13,10|
$131 Zoong Singe
S.
-118 8'31
Puble Utilition
$211
Tramways...
#212 3211
$184
573.
Poak Tenina (old)
Da
(new)...)
116 17+
$100
Btar Ferries
1241
***
19.70
五
$9,60
$227
Macao do
$104
$10) Taumati Ferries $23
China Lighte (old)...|
"Do.
H.K. Electrics
Sandakan Lighta
$9.90
(now)...
เฟ
$731
$30
Telephones C. Rtä
124.85
Do.
X. Els
Da.
Rights
3/
Tractions
18/
China Buses.......
Industrials
3
ALYCERI
Ta... (pret).orches
fttfi !
$25
316
Malabou, Sugars
$21
Caldbook, ord.) E.
$19 Macgregors (pre£18.
Canton Ices
Cements (comb.)...
Do. (old) $2.40
Da
Ropes
(new).. $2.40
Miscellaneous
Constructions, (old)}
Do.
(new) 60 cta
Lane Crawfords......$4.50
Mackintoshsteina Nanyang Tobacco...
$13.20 Sinceras
Steady. Sellers were indicated
at 1/33 for near, buyers at 1/3 P. & O.'S DEPRECIATION TRANSFER
$12.10 11/16 for cash.
$18
$28
$10.10
$91
$3.60.
*313
161
学
Dairy Farra
$1
Der A Wings....................
$41
Amusemente
Ch. Etainmente.....)
32
.80 ata,}
34.40
121
$8,40
Watsons
32.10
Win. Powells
$2
M. Greyhounds........
$14
SC. Enterprises ...
32
32
United Theatres..... E.
BI.
B. Ind. G. Benda.....] 78'.
H.B. Govt. Emans...134
$8
Wallace Harper....
$140
ALK Wing On
2240
*
$140
8'baj Dia.
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 on the Financial Page of
The Hongkong Daily Press,
Clanton“, „A gemir
John H. Ferguson & Co.
32, B. 0. Shameen..
Tel. 18824
U.S. Dollars.
U.S. Dollars. Early advices in- dicated sellers at 33.13/18 for near but subsequently the "market eased of to, sellers at 33.11/16 December, buyers probably at 334.
IN THE AFTERNOON, The market was a shade easter In the afternoon.
An Improved Working Shown
Some improvement is shown in 'the results of the Pand O. Steam Navigation Co. but as the profit were insufficient to meet the annual charge of £134,428 for deprecia- tion of the fleet on a 5 p.c. basis-- & sum of £636,970 being transferr- ed from reserve for writing down the book value of the steamers- In sterling business was done at the results are not. compamble Receipts 1/5.11/32 for near, delivery, finish with the previous year, ing with sellers at 1/5.5/16 De-from voyages, los disbursements, cember. 1/5.11/32 January and amount to £1,182,109," an increase probably 1/51 February, buyers at of some £300.000, but there was 1/5.11/32. for near, 1/51 January a contraction of £108.000 in the and 1/5.13/32 February.
Sterling.
14 :
U.8; Dollars. Business was done at 37.7/16 for the end of December. The market closed with sellers at 37.3716 De- cember, 37.5/16 end of Deceraber and 37 January, buyers at 37.5/16 for near. 37 end of December and 37 January.
H. K. STOCK MARKET
YESTERDAY'S OFFICIAL
QUOTATIONS
The Market remained
Sales.
HK. Fire Insurances, 8265. Hotels, 284.
ed. to £112,626. This amount was transferred to depreciation, and the sum brought in had to bear the charge of the better outlook that" tenders have been invited for bulld- ing a new steamer.
D
U.S. COTTON INDUSTRY
dividends from subsidiary shipping China To Get Large
companies at £218,228, and divid ends and interest on other invest- merty have been reduced from
0.780 to £250,513.
Including the transfer from re- and miscellaneous revenue
serve
Credit
Sales of wheat by the North Pacific Emergency Export Asso- clation, organized by producers
and dealers of the Pacifle north- west to move to foreign countries approximately 40,000,000 bushels of surplus wheat, now aggregate 2,250,000 bushels. The association
Secretary of Agriculture.
Announcéinent of J. J. Lavin of
and after deducting the deprecia- tion charge, administration expen, ses and Debenture interest. &c., the net profit is shown at £177,341, With the balance brought in. the sam available is £306,816, and after allowing for the Preferred divid-operates under supervision of the end of 5 p.., £4.818 is carried forward. In view of the situation with which British shipping is faced and the transfer for depre. ciation, no dividend is recommend ed on the Deferred stock, the last payment on which was 6 p.c. for 1930-31. A year ago, after allow ing £350,000 for depreciation, there was a net profit of £165,536.
DEBENTURE RESERVES
FREED
fairly steady to-day. and a certain amount of business was trans-
The allowance for depreciation is acted, but chiefly by way of ad-the important feature of the ac justment of accounts of December counts, but it is pointed out in the contracts.
steamers of £80,072,730 has been written down to £30,301.400, which would compare with a valuation of £48,892,646 had the annual deprecia- j tion been at the rate of & p.o, per arinum. The draft for depreciation has been taken from reserves aug- mented by the release of £1,750,000 previously held as reserve for de- benture redemption" and now set free as a result of the recent con- version of debenture debt to a 4 p.e. hasia,
Macao Electrics, $23. Telephones (Rights) #101)
Buyer's.
1825.
Hongkong Banks, Canton Insurances, 8300, HE. Fire Insurances, $260. Raubs, $12.80.ex. Div.
Wharves, $115.
· Ewo Cottons, Sh; $13.10. Hongkong Landa, 870. Realties, 85,60.
Chinese Estates, 807. Hongkong Trama, #21). Star Ferries, 8100.
China Lights (Old), 89.70, China Lights (New), 80.60, .... Macao Electrics, 823.
Telephones (Cum. Rights), 830. Telephones ( Rights), (24.55.
Dairy Farms, `827§. Watsons, 86.40.
ane, Crawfords, $4.40. Góvt. Loans, 4 per cent. Premi
Belleri
Hongkong Banks, 21835, Hongkong Lands, 871. Electrics, 8734 193
Telephones (Rights), $11. Canton ices, $2, Cementa · (Old), 82}. Cements (New), 82).
the Chfriese Government agency of the purchase of his first cargo, which will be loaded in Portland within another week for Shang- hal, marks the beginning of a big movement to China. The first
Chinese .of
Government load wheat will be transported aboard the British motorship Olivebank, chartered for the purpose, She
Tel. 28380-Gloucester Building, Room 300.
30 Industrials
(REUTER'S AMERICAN SERVICE)
New York: December 18. Dow Jones Averagem:
108.27
High-1831 Low: Dec, 18.
41.28 88.06
Deo, 18.
Change
97.20
.86 down
20 Balt
56.63
20 Utilities
37.73
18.23 40.34 18.5393.23
40..5
39 down.
23.01
29 down
40 Bonda
89.07
82-04.09 down
65.78 83.03 -
Azia Landa, Limited, has received the following report form their New York correspondents, È A. Pierce & Co. There was some degree of resist- ance on the market today, which was quite pronounced at the final hour. It has not been plainly indicated, however, that selling has ended. Steel industry operations were 34.2 per cent of capacity, which is up 2.7 from last week's figures.
Wheat! There was some income-tax liquidation and a Government agency bought for cash in Kansas City and Minneapolis. Exports weTG
· small and receipts were light.
Cotton: The higher gold price has encouraged a slight improvement. in speculative and foreign demand. The rally attracted selling in the form of liquidation and bedge selling became more noticeable.
"
Silver: The higher opening on speculative buying is attributed to the increase in the price of gold. Prices eased after the opening. Small offerings continue to be plentiful but are not being thrown on the market, Business Done: 1,340,000 shares.
1935, Div. HIGH Low PR. SK.
LAST SALE
Dec, 18. Dec, 18.
100
201
3.00 Air Reduction
ન
$99
1422
₤2)
8.00 Allied Chemical & Dye
144.
143
979
4.00 American Can"
04
941
4.
American Smelting..
48
41
1874
70%
941
43
221
9.00 American Tel & Tal. 5.00 American Tobacco B. 1.00 American Waterworks
Anaconda Copper Mining
1114
110
719
700
18+
18)
137
13
200 Auburn.
35
1517
Bendix Aviation
15
21
1.00 Borden Company
204
201
431
Canadian Pacific .....
12
201
1039
J. I. Case
0.50 Caterpillar Co.
·47%
49%
1.4 Chase National Bank o 1.00 Chrysler Mators Muizzu 3.40 Consolidated Gas of N.Y.
Curtiss. Wright
18Bid 17 Eid
504
50%
.274
2.00 Du Pont de Nemours ... 3.00 Eastman Kodak
79
Electric Auto-Lite Co.
fs. Electric Bond & Share...
Electric Power and Light.......
0.40 General Electric
19A
1.60 General Foods
401
1.00 General Motors
348
The
242 271
is the first of a rather extensive feet of grain carriers which the Chinese Government expects to have le into the Columbia River dung the next few months to terms of load wheat under the the 810,000,000 loan established by the United States some time ago. Sale of the 2,250,000 bushels of
wheat indicates a heary move- ment of wheat-carrying steamers from the Columbia River. business includes the cargoes sold to China”; some for Ireland and zmaller parcel shipment to Central and South America and to Japan In India the company's steamers Included also are two fall cargoes suffer from the uneconomie bei-to the Atlantic, and gulf coasta.
· The' possibility that the Port- diad competition of foreign lines Conditions in Australia have con- land docks would see much load- tinued to improve, and exports ing of grain this winter has added The & distinct note of optimism in have increased in volume. Chinese trade is more encouraging, shipping circles. The grain go- and Japanese exporte have subing to Ireland where northwest stantially increased.
ORIENT STEAM DIVIDENDS
RESUMED W
white wheat is wanted and is now within reach, will move › some time in December, it is expected.
One of the P and O's affiliated.The shipment will be carried by
Orient Steam the Danish motorship Nordfarer the companies, Navigation Co., is able to return and will be loaded at Tacoma, to the dividend list with a payment Washindwa TA of 5 p.e. Operating profits of 361 The plan for moving surplus 316, including £40.000 from prof wheat calls for a subaldy from the on sale nf investmente, enable Government which will pay the £219.810 to be utilised for depre difference between the domestic ciation and permit of the dividend, and the world prices. This spread wit £70,263 carried forward against though it is influenced by fluc- £71,060 brought in forma tuations will average approxi- Last year operating profits, lees | mately 20 cents, dealers have, ex- Joss on sale of investments, amount plained!
281
13
1M Gillette Safety.....
1,20 Gold Dust
0.60 International Harvester
International Tel, & Tel 4,00 Liggett & Myer
1.00 Loey's Ing
Montgomery Ward
2010: 2.90′′ National Biscuit
B
18+ Bid 10Bro
17Bale
1,00" - National "City Bank" 120 Nations) Dairy Products 0.80 Ocia Elevator M
126 Pacific Gas & Electio
Packard Motors
Ad Pennsylvania Railway
Radio Corp.
Rears Boobuck ve 1.00 Standard Brands ....
Standard Ga
3.00 Standard Oil Co. "of
Terney mo
Sopony Vacuum Corpn. 1.00 Texas Corporation
Trans-America
Union Carbide &
Union Pacific United Air and
United Corpo United State