Sharebrokers'

DAILY SHARE QUOTATIONS

Hong Kong Stock

Buyert

Beller

Exchange

Saly

Da.

Insuranoog

Canton Insazanoes.....

Underwriters

Association

$320

TUESDAY,

Nom{a}}

Bayern

Seller

FEBRUARY 8,

Banks

$1,850

R.K. Banks

$1,885

2181

Do. (London) ... Chartered Banks ...

***

228)

Marcantile Bls. "A"

£18

Do,

£124

$13

Bank of East Asis...

$108

N. O. & S. Barks

sel

120

Am. O. Fin. Corp: 8.

***

Ch. Fin. Corp. Ord. 8.

*

35

Prof. S

$317

$1.80

314

$585

$576

$570

Union Insurances ...

$610

China Fires,

3285

H.K. Fires.

18.30

International Assoe, 3.

Shipping

3351

Douglases......

$124

Steamboa

$30

Indos (pref.)

$33

Do, (def.)

06/3

Sheila i

$11

77 st. 79 cta. 77 eta.

Amtamoks

75 ata.

$40

Bajatcos

51 ols.

Baguio Goli

235

Benguet Consolidatod

Do. Exploration,

30 oth

Waterhonta

Mining

Do. Goldfield

23 ota. Big Wedge

mah m⠀⠀

HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 7, 1934.

MONEY

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

REPORT

AND MARKETS

LONDON EXCHANGE RATES

(BRITISH WIRELESS SERVICE)

On Amsterdam

Sterling Parity

Athens Belgrada

Sliver prices were lower yester- day to the extent of 5/16 for Berlin Ready and 1/4 for Forward, the Bombay quotations being 191 and 19 11/18 Brussein respectively. Silver advices attri-, Bucharest ... buted the fall to China Banks Buenos Aires having sold. Speculators bought Copenhagen

Geneva decline. The tone was steady. In America the rate was Helsingfors slightly lower at 441 for Spot. The Hangkɔng

Lisbon market was firm.

Madrid Milan

at the

3575 $325

$875

$36

$12)

Shanghal

$30

$11

30 ote 136

f31 ctx

23 ota

Ki

Gold Creek..

17

po Mining

$71.

28/

27/...

$17

Langkats (single) 8.

$17

$4.50

Explorations...... S.

$4.80

$6.30

Shanghai Loans

$4.80

714.10 Ramba .........................

314

Tronoh Mines

19/.

Venezuela Gold Fida.

362

....

$2.60

es ctx. $131

€5 ctà.

3118)

32.65.391

$9.70

+

$13

32

42

$147

18

$117

$2

38

$147

16.60

$354,

"B"

Docks, WharVER,

Godowns, sta,

H.K. & K. Wharves,

Providente (old)

Do. (new) .......[67jjats.

H.K. & W. Docks

S. China Motors' A'

Do.

Shanghai Docks S.

New Engineerings. Hongkawan. Di Lands, Hotels, and Buildings

H.K. Hotels......... H. Jands.......8. Shanghai Lands... 8. Metropolitan Lands. H.K. Realties..........

China Do...S.

$8.30 $734

16,60

$8.30

$73

$29

$14

6.60

3137

$1210

New Asia Hotel

Do. Debentures3. Humphreys

312.18

151

$140

$20

Atin Realties "A"S.

Do,

"B"

$97

Chinese Estates......

Cotton Mill

313

Ewos

+

3119

S'ha Cottons......S.

813

Zoong Sings

S

$13

$70

Wing On Textiles (S.) $89

Public Utilities

32231-80 Tramways********

$15.90 Poak Trims (old)....

Yaumati Forries...]

$13.20 -118

182.65

$151

37+

$23] 39.70 (1934, jine)

$281 $13.00

R

**

H.K. Electrica ................ Macao do.

Sandakan Lights ... Telephones (old) ...

(new)

13 China Buses

Do. (prof.)))

Industriais

Malabon Sugara ....

Do.

Tretions

$73

Do. (now).

$101

Star Ferries*********

3101

124)

19.80

$9.70

Chins Lights (old)...

191

Do

Do.

(now)...

Righte

B

978

1931

12

3283 $13)

3/9

15j.

313

3143

323

Caldbeck, Kord.) 8.

$1B

Macgregore (pref.)8.

$2!

Canton Ice

321

Cemonts (comb.)...

Dov

(old)...

$5,90

532

Do... (DAW)...)

$7.10

Ropes ninadyanine,

Miscellaneous

$28}

329).

$2.97 $6,90

$201..

15

$101

32

.30 ot".

3410

$21

Dairy Farms M

Der A Wings....

Amusementa

Ch. Etainments...... $9.90

Constructions, (old)

Do.

(new) 50 eta Lane Crawfords...

Mackintoshe

zang Tobacco. $6 Nadyang 813.20) Bincerės ..... $7.60 Watsons $1.60 W. Powells

M. Greyhounds

R

C. Enterprises,

United Theatrom... 8.

B. Ind. G. Bonda... ?0

39

32*

81",

6"

prem. X Int.

18

8140

A.K, Wing On

S'kal Do.

KLE, Gort Loans..... $36

Wallace Harper..............)

Market Uncertain at the opening but subsequently eased of following

Sterling

The market opened with sellers a 1/6 buyers bidding 1/6 5/32 but offers at 1/61 were accepted for 13th of February followed by transactions later at 1/8 1/16 fo near delivery. The market closed at lunch time with tellers at 1/8 1/32 February and 1/8 1/16 March, buyers at 1/6 3/32 February and probably March.

U.S. Dollars. Business was done early in the morning at 37 for March delivery, The market closed at lunch time with sellers at 37 February and 37 3/18 March, buyers at 371 for cash and 37 March.

Ken

Merchants were quoted at 1253 for near delivery.

Shanghai Dollars

Were quoted at 110 for near delivery.

Shanghai

at 1/4

Sellers were indicated 5/16, buyers at 1/4 7/18 March.

U. S. Dollars

Sellers at 33. buyers at 331 February.

The tone

after decline.

Montevideo

Montreal

New York Oslo Paris Prague

13.10 Florine 375 Drachma 276,316 Dinars 90.40 Marks

Ia. d. per Rupee 36 Belgas ...... 813,588 Lei. ... 47.88d, por Peso

Rio de Janeiro......

Shanghai...... Stockholm Vienn

Yokohama.....* Silver (spot) Silver (forward) War Loan....

ON LONDON :-

18.159 Kroner 26.29 Francs 193.23 Marks

110 Escudos 25.92) Pesatos ***** 9240- Lire 50.88d. per Peso

4.867 Dollars 4:667 Dollars 16.159 roser

225 13.24

Feb. 3. 7.611

Feb. 8. 7.81

625 sellers

540 5.

5

12.00

1/6 3/32 21.944

5174

$64 S.O

22.40

15.80

226+

1/8 7/64 22.401 520

364 S.O.

22.40

16.171

220

1/5 15/181 1091

1/6 1/16

1091

37 27/32 581"

38 11/18

59 11/16

38 8.0. 4.98

4.934

19,90 !

77 23/32 103)

37 9.0.

4.971

4.933

194.21 Francs 184.25 Kronen 28.83d. per Gold »

? Milreis

19.90 79. 25/32 103+

41 8.0. 1/41 19.394

4 1/16 1/4 5/16 19.391

28

28

1/2 9/32

21%

19 15/16. 1018

19. 11/18 101 11/16

18.150 Kroner 34.68 Schillings 24.580. per Yen

Closing Quotations

February 8, 1934.

Telegraphic Transfer... Bank Billa, on demand Back Billa, 4 months'

sight

sight

ON SHANGHAI:--

st

Oy NEW YORK:-

1/2 5/18 191

Bank Bills, on demand 384 Credits, 60 days' sight.. now

ON BATAVIA :-"

On demand

ON-PARIS-

BY

Bank Bills, en demand 598 Credits, 4 months' sight 635

Credits, four months'

**** 1763

Ox SAIGON :-

On Demand

110

On demand

was steady

ON SINGAPORE:-

ON MANILA:→→

On demand

63

On demand

73

ON JAPAN:-

ON BANGKOK:-

the

On demand

18:1

On demand. 1244

ON INDIA:

SOVEREIGNS, Bank Buying

Telegraphic Transfer... Bank, on demand

Rate ....

1/61

BAR SILVER, por os.

198

IN THE AFTERNOON The market was quiet in afternoon,

Sterling.

In sterling no business was re- ported, finishing with sellers at 1/6 1/32 February and 1/16 March. buyers probably at 1/32 higher re- spectively.

U.S. Dollars. Business was done at 371 and also 37 3/16 for March delivery. There were sellers at 37 1/16 Febr- uary and 37 3/16 March, buyers probably at 1/16 higher.

- CANAL DUES TO

REDUCE

New Rates For Suez

It is announced to-day by the Suez Canal Company that as from April 1 dues, on ships passing through the canal with cargo will be reduced by 25 centimes gold per net register ton (Suez Canal measurement) and the dues "on ballest ships passing through f will be reduced by 12 centimes gold.

The new rates will thus become 5.75 franes gold on ships

with

cargo and 2.87 francs gold on ships in ballast.

More Shipping Last Year. "The latest figures of the Suez Canal Company. show that 5,423 transits were made during 1933, an increase of 391 over the pre- vious year.

The increased use of the' canal during the past year can be partly $1.80 explained by increased shipments of rice, maize, and anthracite from Indo-China and larger ship- ments of ground nuts and linseed from India.

$4.10

5131

#71

$1.10

$140

B140

Asia Lands Limited

Gloucester Building Tol 26631 (Two lines)

We offer you a complete brokerage

service for the purchase or sale of

Jr

New York Securities

Daily quotations sent-gratis-upon request. See our investment news on

the Financial Page of

The Hongkong IDaily Press,

Canton Agents

John H. Ferguson & Co.

B. C. Shameen.

Tel. 19024.

There was also a considerable increase in the number of vessels taking grain and general. cargo from the Russian Black Sea poris to the Far East..

[ames!

In al

10.21

B30

RA

[us]

12001

CLA

|==|

|06.20

LARKS!

Επ

26.9

PLJ

H. K. STOCK MARKET

Hotels Both Telephones and showed further weakness to-day,, the latter being offered at $61 without meeting with any re- China Lights and Elec- sponse. trics. on the other hand, main- tained their position, being buyers at quotation. The market on the whole was dull throughout the day.

Sales.

Antamoks, 78/79 cents. Baguio Gold, 534 cents. China Lights (Old), $0.60/9.65. Dairy Farms, $29.45. Constructions (New), 62 cents. Buyers.

Canton Insurances. $317. Union Insurances, $567) Douglases, $354

Antamoks, 77 cents. Bagulo Gold, 51 cents. Benguet Explorations, 31 cents. Kailan Mining Ad.. 27/-. Docks, $134.

Providents (Old), $2.85. Providents (New), 65 cents. Ewa Cottons, Sh. $13. Humphreys, 312.10. Star Ferries, $101. China Lights (Old) $9.60. "China Lights (New). $91. "*

Electrics, $76.

Macao Electrics, $234. Dairy Farms, $294.

Gort. Loans, 4 per cent. Prem.

ex. int.

Seller Hong Kong Banks, $1.855. Union Insurances, $575. Antamoks. 79 cents. Kailan Mining Ad.. 28/-, Hotels, $64.

Malabon Sugars, $141.

BERLIN BOURSE

[Special to the "Hong Kong Dally

"Press" (Copyright.}]

Berlin, Feb. 5. The Sharemarket on Monday was untisually buoyant, with prices all round rising sharply especially under- considered to be those valued, Firmer tone of the dollar and pounds sterling partly ex- confident plained by the more outlook and favourable reports of

various in the development of dustries strengthened enterprise. Fixed Interest securities attracted little attention this being quite a normal development while shares tendency are rising. No definite on this market observable. Call Money 4 to 51. Young Loan un- changed at 951. Reichsbank rose to 1664 Deutsch Bank 21 higher to 67. Dyetrust improved 11/8 to 1281. Salzedetfuth Potash jumped 31 to 1521. German Steel Trust 1 to 41 3/8. German Mineral Oils Slemenhalste advance 1 to 107.

A.O.F.C. Average of Shanghai Stocks

1923

BEVERAGE

13

PRESIDENT Liners

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

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

Fortnightly sailing Pres. Lincola Feb. 13, Midnight Pros, Hoover ...Feb, 14, 10 am, Prex Cleveland...Mar. 13, Midnight Pres. Coolidge ...Mar. 24, 10 am. Fres Tafi. Apr. 10, Midnight

1

To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama

Fortnightly sailings

Pres. Jefferson......Feb. 16, Midnight Pres. Grant......Mar. 2, Midnight Pres. McKinley ...Mar. 16, Midnight Pres. Jackson.....Mar. 80, Midnight Pr. Jefferson... Apr. 13, Midnight

'ROUND TRIP FARES TO EUROPE & AMERICA,

Dirnot Special through rates to Europe via United States. connections with all Atlantas lines. United States and Canada, liberal stop-over privileges for Sighting. Full particulare upon application.

Choice of rail linau merosa

| Fortnightly via Svez to Evrope & America

Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Gence, Marseilles, New York and Enston,

Prem, Hayes...Feb. 17,8 a.D Pres. Johneba Mar. 9, 8 . Pres. Monroe... Mar. 17, 8 or Pree. Van Buren... Mar. 81, 8 am.

TO

Free, Garfield Apr. 14, 8 sm. Pros. Folk.............Apr. 98, 8. Pres. Adams May. 15, 9 am.. Pres. Harrison'... May 26, 8 m

MANILA

Next Sailing......... Pres. Jefferson Feb. 10, 6 p.m. Pres. Hoover Feb. 15, 9 pm. Pres. Hayes.......Feb. 17,8.AD, Pres. Grant'.... Feb. 24, 6 pm. Pres. Johnson ......Mar. 3,8 m.

Fres. Cleveland ... Mar. 6, 8 p.m. Pres. McKinley ...Mar. 10, 8 p.m.... Fres. Coolidge.......Mar. 15, 9 p.m.

Connecting with 8.8. MAYON To UEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

-PEDDER BUILDING—HONG-KONG. CANTON BRANCH (−1, BEAKEK ROAD.

NEW YORK STOCK EXCHANGE

ASIA

QUOTATIONS

LANDS, LTD., (INCORPORATED IN HONG KONG).

Tel. 28380-Gloucester Building, Room 308.

(BRUTER'S AMERICAN SERVICE)

Dow Jones. Averages High-1933/34. Low: Feb., 3.

· Feb., 5, * Change

110.74 1.33 up

New York: February ́5.

30 Industrials

109.41

50.16 109.41

20 Baile

60.94

95.43 61.85

20

Utilities

37.73

19.33 28.40

40 Bonda

90.86

-73.21 · 80.82

91.48

.63 up

Commodity Index

80.44

41.98 - 54.12

4454

597 1.18 ap 9.60 1.20 up

קס 33.

asín Landa, Lámited, has received the following report from their New York correspondents, E. A Pierce & Co. We think the market was able to take the most aubstantial amount of profit-taking without" materially weakening its position. Sentiment was not as divided as it was a week ago. Everyone thinks that averages are going considerably higher before.. a substantial check is encountered. We think, however, that we would be inclined to maintain a trading attitude.

Wheat: The market is again vulnerable to a change of sentiment. Cotton: Strong and active, advancing to new high levels, which advance was not maintained, due to heavy realising. Bentiment waaquite reactionary at the close.

Silver: Easier early on, due to the weakness of the Franc, renewed liquidation by tired long operators and commission house selling. Partial rallies developed in sympathy with stocks. The up-turn met with renew2 ed selling.

International Nickel declares a dividend of ten cents per share.. Business Done: 4,940,000 shares.

404

Bendix Aviation

Canadian Pacific

J. I Osre

0.50 Caterpillar Co.

Chase National Bank

1.00 Chrysler Motors

3.40 Consolidated Gas of N.Y.

Curtiss Wright ...............

LAST SALE

1935,

Dav. $

HIGE

Low PTE. SH.

Feb., 3. Feb, 5..

112

471

a00 Air Reduction

$102

$104

154

155

149

701

8.00 Allied Chemical & Dye

1004

fumer to 146.-Transocean Kuo Min.

49)

4.00 American Can

1024

American Radiator.......

17

17

45

454

55

101

American Smölting..........

1844

56

9.00 American Tel. & Tel.......

120

123

[Special to the "Hong Kong Dally Press" (Copyright;}]

942

501

5.00 American Tobacco "B

11

Bi

83

43

10%

1.00 American Waterworks....

244

· 254

221

5

Anaconda Copper Mining

:: 17

17

544

841

31

2.00 Auburn

561

221

+22

Berlin, February 5.

213

g}

Reichsmark quotations (without

37

18

1.60 Borden Company

281

271

184

16号:

guarantee) -

202

71

821

New York Paris

37.75

103

ao+

301

314

..6021

201

B

291bid. 30 bid

Amsterdam

..58.5

15%

1.4

Paris Sterling Dollar

.78.43

581

581

521

.15.75'

441

451

648

-Transocean Kuo Min.

1

32

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

1024 “102”

10

3.00 Eastman Kodak

914 91

-

Electric Auto-Lite Co

271 281

10.

#%. Electric Bond & Share

19*

204

3k

Electric Power and Light...

71

B

101

0.40 General Electrici

24

241

1.60 General Foods ensuring

355

365

31

10

1.00 General Motors

411

411

+8

1. Gillette Balety NYTÁLAL-PORTUG

111

127

12

1:20 Gold Dustusqu 0.60 International Harvester

International Tel. & Tel. -4.00- Liggett & Myers

214

221

45

40

B

02

921

1.00 Loew's Inc. mil

30

323

Montgomery Ward

321 331

H09

311

2.50 National Biscuit

437

45

1.00 National City Bank

291ħla 20†bli

104

1.20 National Dairy Products

181

10k

0.50% -Otis Elevator .......

18%

18]

18

170. Pacific Gas & Electric

191

200

13

Packard Motors

5

5

13-

1960 - Penanylvania Railway

38

39

3

Radio Corps, ....

Sears Roebuck

49%

137

1.00 Standard Brands

244 244

D

Standard Gas-

144

221

1.00 Standard Of Co. of New

Jersey

..49

Bocony-Vacuum Carpu.

1011.00 Texas Corporation;

-107 1.00 Union Carbide & Carbon

191

28

Trans-America

182

61480

Unios Pacific'.

129

130

18

United Air and Transport

851

United Corporation

234

United States Steel

∙198

Westinghouse E. &

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