HONG KONG DAILY PRESS, THURSDAY, JANUARY 25, 1934.
MONEY AND MARKETS
Nominal
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
BAIN
Sharebrokers'
Association
WEDNESDAY, JANUARY 24.
Bayer
BeBers
Aales
Banka
H.K. STOCK MARKET
LONDON EXCHANGE
RATES
Ворега
Beliers
-I
11,840
$1,84
£135
2163
$26
£121
H.K. Banks *****-**-* $1,846
Do. (London)
***
Chartersd Batika...
Mercantile Bk. "A"
Do.
219)
$103
Bank of East Axis.....]
$103
N. C. & B. Banks
120
Am. O. Fin. Corp: 8,
Ch. Fin. Corp. Ord. 8.
35
Do.
ProL S
Insurances
Canton Insurancen ....
$320
3390
$1.60
Underwriters $1.35
Union Insurances 199
$620
China Fires
*****
H.K. Firesbur
(BRITISH WIRELESS SHIVIX).
Jan. 23. 7.76
13.90
1/6 3/39 22.401
330
YESTERDAY'S OFFICIAL
QUOTATIONS
Hongkong Trams displayed fur
On
Amsterdam Athens
Belgrade ............kken Berlin... ther firmness this morning, being Bombay dealt in up to $88.70, with buying Brussels/ orders still in evidence. Lights Bucharest $679 and Hotels continue to be the cen Buenos Aires
tre of interest, the first named Copenhagen being reported sold up to $103, and Genevs the latter up to 88.43. Telephones, Helsingfors which have been somewhat neglect ed in the past few days, would seem to be again attracting some attention, and sales were reported
Sterling Parity
12.10 Fiorina
·Jan. 22 7.774
375 Drachmae: 352)
3724
231
230
13.19
1/6 3/33
22.43
276,318 Dinars -90.43 Marks 1s. ed. per Rupee 36 Belgas ...... 813,568 Lai 47.88d. per Peso 18.159 Kroner 25.221 Francs 193.23 Marks
530
30 S.O.
22,40
18.14) 998
$526 $275
$124
1280
$35
$8.30 International Ama, S.
shipping
Douglases
Steamboats
$30
Indon (pref.)
3343 $19) $30
335
Do. (def.)
$36
at $311 Cum. Rights.
53/9
Shells
**
$15
Waterbosta
315
Hongkong Banks #1845
Mining
Wharves $1191/120
78 ata. Amtamoks ..............................
72 ota.
Hotels $8.40
i:
Balatcos.
42 eta.
31 sta.
Baguio Gold............. 43 ota.
"Hongkong Trams 322.00/22.65.
Star Ferries 8101
$38 Benguet Consolidated
$16,
China Lights (Old)- $10.30/10
Do.
Exploration,
¡Si ets
China Lights (Rights) $4.13
30 Gta
Do.
Goldfield
Hongkong Banki 81840
35 eta
Big Wedge ..........
23. ctm.
Canton Insurances $890
16
Gold Creek...
19
Ipo Mining..
$7
Itogons
28/-
Kailans
95/
Douglases $30
$171
Langkats (single) 8.
$17
$4.65
pioration........
Baguio 'Gold 49 cts.
$4.65
+
16 85
Loans
$4.85
$13.80
Raabs
513
Raubs $12.80
Tronch Mines.....
19/
Vege. Goldfields $6.20
$6.20
Venezuela Gold Fida :820
Wharves $1103
Docks, Wharyos,
Godowns, etc.
Providents (Old) $2.55
$119 $2.55
119/120
R.K. & K. Wharves
118
Providente (all) ... 32.60
с
31
Do. (new)...
#12
H.K. & W. Docks...
$6
8. China Moters'&'
#4.
$8
Do
18.
36) S.O,
99.40
16.14
226
Hongkong Lisbon Madrid Milan
1/61
1/0
110 Escudos 35.22) Posetas
110
110
374
38
9246 Lira
50%
301
Montevideo
30.88d. per Peso
17 S.O.
Montreal
New York
4.867 Dollars 4.207 Dollars
5.042"
5.04)
5.00
5.009
Oslo
Paria
Prague
18.139 Kromer 184.21 Franca 164.25 Kronen
19.90
19.90
79 21/39 105)
70 23/32
105
Rio de Janeiro..... 20.90d. per Gold
Shanghai
Milreis
4:8.0. 1/4 3/16
J S.0.
1/4
Stockholm
...... 18.139 Kroner
19,37
19.391
34.58 Schillings
201
291
24.58d. per Yen
1/9 11/32
1/20
Silver (spot)
19
Silver (forward)
19. IT/18 1014
191 109/18
101 3/18
160 st4.
$114
$147
38
Union Insurances #577)
H.K. Fire Insurances $290
Balatoes $30,
Benguet Explorations 31 cts.
HK, and W. Docks $18
Ewo Cottons Sh. 8134 Hotels 6:35
Hongkong Lands 879) Humphreys $11.90 Realties 88.00
Hongkong Trams 399.50 Peak Trams (Old) #15} Peak Trams (New) $74 Star Ferries 8101
China Lighte (Old)-810.40 China Lights (New) $10,90 China Lights (Rights) $4 H.K, Electrics 8751 Macao Electrica 8231
Dairy Farma 829"
Watsons $7.10
Vienna
Yokohama
War Loan
Closing Quotations ·
ON NEW YORK:
Bank Bille, on demand 387 Credits, 60 days' sight, non
ON BATAVIA—.
On demand
13
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings Free. Coolidge Jan. 27, 10 m Pres. Lincola... Feb. 13, Midnight Pres, Hoover ...Feb. 24, 10.30. Pros. Cleveland...Mar. 13, Midnight Pros: Coolidge ...Mar. 24, 10a.m.
To VICTORIA, SEATTLE 17 Days
vin Shanghai, Kobe, Yokohama
Fortnightly sailings Pres, Jackson Feb. 9, Midnight Pres. Jefferson......Feb. 16, Midnight Pros, Grant..... Mar. 2, Midnight Pres. McKinley ...Mar. 16, Midnight Fres, Jackson ....Mar. 30, Midnight,
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct
Special through rates to Europe la United" States,"
Choice of rail lines across connections with all Atlanto lines. Vaited States and Canada, liberal stop-over privileges for Sight-seeing. Full particulars apon application.
fortnightly via Suez to Evrope & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay. Suez Canal, Alexandria, Naples. Genon. Marseilles, Now York and Boston.
Pres. Harrison ...... Feb. 3,8 m. Pros. Hayes. Feb. 17, 85.m. Press, Johnson ......Mar. 3,8 m. Preu, Monroe --- --.
Mar. 17, 8 am
Pres. Van Buren ... Mar. 91, 8 D. Pres. Garfield Apr. 14, 8,ap Pres. Folk.....Apr. 28, 8 sm. Pres. Adams......... May 18, 8.0.
TO MANILA Next Sailing.................................. Pro. Harrison .... Feb. 9, 8 B.. Pres. Lincoln........
......Feb. 8,0 p.m. Pres. Jefferson Feb. 10, p.m. Prea. Hoover ....Feb 15, 9 p.m.
Pres. Jackson Jan. 27, 6 p.m.
Pres. Hayes .........Feb. 17, 8.
Feb. 24, 6 pmk,... Pres Grant Pres. Johnson ......Mar. 3,8 m.
Mar. 6, 8 p.m. Pres. Cleveland
#1
Connecting with 9.9. MATON To OEED, ILOILO. ZAMBOANGA
DOLLAR STEAMSHIP
AMERICAN
LINES
MAIL LINE
FRODER BUILDING--HONG KONG,
CANTON BRANCH ~—4, KHAKET ROAD,
January 21, 1:24.
ON LONDON:
Telegraphic Transfer...)
Bank Bills, on demand Bank Bills, 4 months'
58
sight
751
ON PARIS:-
Credits, four months'
Bank Bills, on demand 585
31474 Shanghai Docks S
sight
1/01
Credits, months' right 8:5
38.80
New Engineerinya.
ON SHANGHAI :-
ON SAIGON:-
+
$355
Hongkow
Di
On Demand
110
Ou demand
481
Landi, Hotels, and
ON SINGAPORE :---
ON MANILA:-
Buildings
On demand
621
On demand
T3
13,35.
18.40
H.K. Hotels
.......$6.35 16.45 16.40
ON JAPAN:-
ON BANGKOK :-
H.K Tands.....
373
On demand
19.3
On demand
12 1
$71
Shanghai Lazde...8.
ON INDIA:-
SOVEREIGNB, Bank "Buying-
$14
Metropolitas Lands..
$6,60
HK, iteal ties................
18 60
Telegraphie Transfër...
Rate ......
China Do
Bank, on demand
BAR SILVER, per oz.
194
Gort. Loans 53 per cent, Prem..
$137
"Do. Debontareas.
Humphreys
21180
New Asia Hotel..
350
$140
Asia Realties "A"8.
$20
Do. "R" S.
397
Chinese Estates......
Cotton Mill
$131
Evros.......8 $133 $13,40
3118
S'hat Cottons...
8134 Zoong Singe
S.
167
Wing On Textiles(S.);
22.00/166
Public Utilities
Framwayi...
Poak Trains (old)...
$221
116
$134
186
132.00 $15t 371 $1011
...
Do (new)..
371
MESSRS. ROZA BROS. REPORT
$10141
Srar Fartiege*བཿ
$1014
$241
Yaumati Ferries...
$231
310.40
10.30/
$10 20
Do.
.54
1415
Do,
(cow)... $10.30 Cr Od
Rights $4
84.10
$75
H.E. Electrics
3761
Silver prices dropped yester- day for both deliveries, the quota- tions being 19 for Ready, and 19. Silver advices 9/16 for Forward.
FL
$234
Macan do.
Sandakan Lights ........
$27
Telephones (old)
$261
113.20
Da
312.00
$12
China Buses. 8.
34
Tractions
1bf-
Do. (pref.)..
Industrials
$15
Malabon Sugar
$21
Caldbeck, Tord.) 8.
318
Mangregore pref.)8.
HT!
||
Slightly More
Activity"
New York: January 13,
30. Industrials
108.97
51.16 105.09
20 Rails
56.53
25.43 47.84.
20 Utilities 40 Bonds
37.73
19.23 26.66
89.07.
73.11 889
60.44
41.88 51.97
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG),
Tel. 28390-Gloucester Building, Room 300.
(REUTER'S AMERICAN SERVICE)
Dow Jones Averager High-1033/34, Low: Jan., 12.
Jan. 23.
Change
106.02 1.08 up. .48.11.67 up 26.46 11 up 88.6092 down
China Lights (old)... $10.40 10.58 $101
Canton Icos
Cement fcomb.)...
Do.
THE EXCHANGE MARKET
Canton Silk Market SHANGHAI NEWS
From the Kwangtung Raw Silk Testing Bureau Départment of Reconstruction Canton.
Canton Quotations
Extra O.S. Small Extra O.S.
Crack N.S. Extra Extra Waste N.S. Open
<
Jan. 2nd-1934. 13/18 H.K.40 N
13/15 H.K. 8460 AV 14/16 H.K. 8365 N. 20/22 H.K. $325 P. H.K. 30 P.
Tokohama. Quotations
reported China and the Continent Spot Yen 608
more signs slightly There are interest in China Produce on the part of
abroad, buying centres
ex- but the uncertainty of the changes is making it difficult to conclude business.
There are slight indications of a somewhat better degree of con-
Adence. Jan. 23rd 1934.
25 having sold. Subsequently Bourse 6 Mos. Yen 606 China and speculators bought at
the decline. The tone was steady. In America the rate was quoted at 444 being 1/4 lower than yester- day's rate. The tone was uncer- tain,.
New York advices reported the opening rate at 5.001 and the clos- ing rate at 5.004.
رہوں
Sterling
$15
8.00-
(old)
$2.00
87.10
Do. Roped
(TOW)...
$8.9)
$6.90
$20
$1
Miscellaneous Dairy Farma Kostarter Der A Wing.......................
With the exception of Shanghal rate which was unchang ed at 110 and the Bangkok rate were up to 1264. other rates lowered
Market
the
$29
Erratic.
I
310.10
$101
名宮
$2
.50 atx
$410
$21
37.10
Watsons
$1.65
$2
M. Greyhounds.
$13
S. C. Enterprises
$3
prem
Arauseruente******.
Ch. E'tainmonta......
Constructions, (old)]
Do. (DOW)]
Lane Crawforda... Mackintosha... Nanyang Tobacco...$3
$13.20 Biuceres ........................................
Wm. Powells
B
$140
United Theatres... 8.
$13.0
B. Ind. G. Bonds... 78,
KK. Gort, Loans... $105)
Wallace Harper ................. HE, Wing Do..... S'ha
Do
150 ots 84.10
$:{
$140 $140
Asia Lands Limited
Gloucester Building
Tel. 26631 (Two lines)
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 Agente
John H. Ferguson & Co.
32, B. O. Shameen
Tel 13624
The market opened with buyers at 1/6.1/18 but the buying rate soon receded to 1/8.1/32, sellers offering 1/5.31/32. Subsequently a sight reaction took place and 1/8. 1/32 was arranged for cash and February. The market closed at lunch time with sellers at 1/8
and January/February
1/8.1/32 March, buyers at 1/32 higher rea- pectively.
U.S. DollarE
Business was done during the course of the morning at 37 for cash and 37) February. The market closed with sellers at 37.5/16 Jan- uary and 37 February, buyers probably at 37 for near and 37. 7/18 February:
Yen
Merchants were quoted at 1241 for near delivery.
ANGLO - SOVIET AGREEMENT
Paper
There has been slightly more activity during the past week, and various enquiries have resulted in orders. quick shipment being de- manded in all cases. While it 19 still possible to buy White and Coloured Cap under Convention
Negotiations. Under prices, the Kraft paper Convention
Wav
London, January 17. The negotiations conducted be- tween Great Britain and the US. B.R. for the conclusion of a new commercial agreement, are pro- gressing satisfactorily, the "Daily Telegraph" writes in its to-day's
issue.
It is even believed, the paper adds, that, barring some. unfore seen obstacle, the present negotia- tions are likely to result in an agreement that would make it unnecessary to resume any further negotiations in London.
circles, the British political papers says, are "of the opinion that
the. prospects are pow favourable for the conclusion of a commercial treaty between the two countries, which was not the case at the time when the pour parlers started-Havak: 5:
BRITISH. TREASURY
RETURNS Income Tax Coming In Well.
London, Jani 18. The latest Treasury returns show that ordinary revenue for the current financial year up to Shanghai Dollars
January 13 amounted to £484,- Shanghai dollars were quoted at 314,761. At the corresponding date last year the amount stood at 110 for near.
·£457,550,851, showing an increase
Shanghal Business was reported at 1/4
There were for near delivery. sellers at 1/4.3/16, buyers probably at 1/4 January
U.S. Dollars. US Dollars. Early advices in- quently the selling rate receded to
1
is now enforcing its prices strict- ly. Only a very few mills, not in- cluded in the Convention, are able, to offer Kraft paper at lower prices for late shipment.
very un-
Deliveries have been entisfactory, and it is not expected
that
material the will be any change in local market conditions until after China New Year.
Rice
During the past few days the market took a decided turn. to firmness, and is expected to im- prove steadily from now onwards. Several shipments have been made to outports.
Dealers continue to fear the pa litical situation in Fukien, for it must be noted that in all such cases, rice is very often taken by force either by the people or by the soldiers.
"'SLIK,"
*Whilst some business has been booked. for native consumption, only a few isolated transactions have taken place for export. On the whole, however buyers remain rather indifferent, whilst holders are taking a firmer stand in sym- pathy with somewhat better-news emanating from American and Japan.
Plece Goods
for the current year of £6,763,910.· There has been further enquiry Ordinary expenditure to date during the week for Meltona, for the current year totalled Venetians, whipcords and wor- £542,724,714, compared with steds, and orders for forward de- £595,316,082, showing a decrease livery have been entered. for this year of £52,590,968.. !
The Market for cotton piecê- Income tax payments are con- tinuing to come in satisfactorily goods remains very dull, though a few such orders for volles have and £14,248,000 was received dur- ing the present week compared been booked, and for further
quantities of cotton velvets.) week, while surtax
alcated sellers at 337 but subse- with £8,682,000, in the previo Dealers are, however, more con-
payments
to cerned with the collection of out- 334 but towards the close steadied this week have increased up to sellers at 33.13/18 for near £4,040,000 from £3,270,000 last standing accounts than with the
transacting of forward business. week delivery, buyers at 331 January.
Commodity Index
59.16
18 up
Asia "Lands, Limited, has received the following report from their New York correspondenta, E A. Fierce & Co. It looks as though the market gave an answer to those who are anticipating a reaction in the immediate": future. There is no selling pressure around and we think that operations for a rise are likely to be continued, barring unexpected newB.
Wheat: The market was easy on early local selling. Prices were firmer later on lack of offerings and dust storms in Kansas, where there are no indications of rains.
Cotton; Liquidation was responsible for early selling, which was largely absorbed by the Trade. Spinners' buying was augmented by now speculative purchases and later there was a broadened demand.
Silver: An initial'decline reflected the over-night scoommulation of. selling orders due to the easier prices ruling in London Washington press reports state that the Bilver Bloe will urge the inclusion of silver in the Stabilisation Fund.
Business Done: 2,350,000 shares.
8.00 Allied Chemical & Dys
Canadian Pacific
LAST SALE
1932
Dr. $
HIOF
112
LOW PER SH.
Jan., 12. Jap, 23,
471
3.00 Air Réduction
$103
#104
149
701
191 134
BUZ
491
4.00 American Can
102 1021
:
bog
10.
American Smelting......
452
"1342
48
9.00 American Tel & Tel
117
944
601
-10%
3.00 American Tobacco B 1.00 American Waterworks
72
99
&
Anaconda-Copper Mining
16
31
2.00 Aubura ..
62
214
#
Bendir Aviation
10
374
18
100 Borden Company
20
71
16
100
30
J. 1 Case.catal
76!
201
0.30 Caterpillar Co.
27
1.
Chiss National Bank
261 Bid
Bid
1.00 Chrysler Motors
31 140 Consolidated Gas of 3.7.
Curtiss Wright
43)
431
4
92
321
40
2.00 Du Pont de Nemours .3.00 Eastman Kodak
90!
201
27
10
Electric Auto-Lite Co... %. Electric Bond & Share
Electric Power and Light...
0.40 Gezieral Electric...
1.00 General Foods
10
1,00 General Motors
358
401
F
Im Gillette Safety
1.20 Gold Dust consis
0.00 International Harvester
International Tel. & Tel. 400 Liggett & Myers "B 100 Loew's 166. Zamen
Montgomery Ward :;. 2.60 National Biscuit. 100 National City Bank 1.20 National Dairy Products 0.00 Otis Elevator ... 10 Pacific Gas & Electric
Packard Motor ...
6,60 Pennsylvania Railway"
Radio Corpn.
Sears Roebuck
1.00 Standard:Branda: Standard Gas
1.00 Standard Oil Co. of Ney
-- Bocony, Vacuum - Corpn.
10 1.00. Texas -Corporation
Trans America
1.00 Union Carbide & Carbon
Union Pacife Se
United Air and Transport, United Corporation United States Steel Westinghouse E. &
17