DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayar Ballers
Nominal
SATURDAY,
Sharebrokers'
FEBRUARY 10,
Banks
$1,840 H.K. Banks
Do.
Association
Bellar
Bayern
***
11,843
£137
216
Do. (London) *** Chartered Banks.
£15
220)
Marcantils Bks. "A'
825
£19
£191
$103
Bank of East Axia....
3102
N, O. & S. Banks
361
$20
Am. O. Fin. Corp: 8.
#
Ch. Fid. Corp. Ord. S.
Do. Pref. S
Insurances
Canton Insurance...
$318
1330
$1.60
Underwritora
Union Insurance ..... $560
$870
China Fires
$525
$288
16.30
International Ance, S.
H.K. Fires........................
Skipping
$35+
Douglases
$1
$30
Indos (pret.)
$37
Do. (dot)
$118 $2.60
المود
Steamboats
(80 ete.
31 otr.
5574 Shellsnes
$11
$40
62 ata. 140
30 ota 20 ota.
Ki 971-
#7
28/
$4.60
$6.80
Waterhouta
Mining
Itogons
$12
HONG KONG DAILY PRESS, MONDAY, FEBRUARY 12, 1934.
MONEY AND MARKETS
THE EXCHANGE
MARKET
MESSRS, ROZA BROS. REPORT
Silver prices rose 1/16 yesterday for both deliveries, the quotations being 19 13/16 for Ready, and 10 7/8 for Forward. Silver advices re- ported speculators as having bought. Chica operated both ways. Buyers were satisfied. The market WAS. 1623 quiet. In Ameries the Lighest rate done was. 45.10, the closing rate being #1.00. Steady.
3975
338
$19
$30
$36
was dall
23 ots.
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE)
Bombay Is 6d per Rupee Brussels... Bucharest Buenos Aires Copenhagen Geneva Helsingfors Hongkong Lisbon
Ота Amsterdam Athens Belgrade.. Berlin
Sterling Parity
18.10 Florins
Feb. 8. 7.62)
....375 Drachmaa 278,316 Dinara 90.43 Marks
530 S.
-Feb. 1o.
7.604 530 S.
230
13"
35 Belgas 813,568 Lei
1/6 3/32 22.03 515
12.94 1/6 3/32 -22.021
515
47.68d. per Peso
36 9.0.
36 S.O.
18.159 Kroner
22.40
22.40
25.22 Francs
15,86
15.82
160. Marks
226)
226+
1/8
1/6
The market
Madrid Milan Montevideo Montreal
110 Escudos 93.99 Peratas
1093
109%
ST
371
9210 Lirs
58
581
50.880. per Peso
371
877 9.0.
4067 Dollars
5.05
5.07
New York ..ogi Oslo
4.967 Dollars
5.014
5.09
18.159 Kroner
19.80
19.90
Paris Prague
1
Rio de Janeiro
194. Francs 164.25 Kronen 38.33d. per Gold Milreis
77 29/33
77 21/32
103
1031
41 8:0.
1/41
19.391 28
49.0. 1/41 19.394
1/2.9/32 197
?}%
19 13/18 1017
281 1/2 9/32 19 11/18 194
New York advices reported the opening rate at 5.01 3/8 and the closing rate at 5.02.
Market
Easy during the early part of the morning but towards the close mar 79 sts.ket appeared a shade steady.
Sterling Business was done at 1/6 1/32 for near delivery. The market closed with sellers at 1/8 February, 1/6 1/32 March and 1/8 1/16 April, buyers at 1/8 1/10 "February and probably March and 1/6 3/32 Aprii. U.S. DollarN. Business was done at 37.11/16 for March. The market closed, with ellers at 37 9/16 February and probably 37 11/16 March, buyers at 37 5/8 for cash and 37 3/4 March.
Тед
Amtamoks
Balatcon "..
Baguio Goll
Benguet Consolidate
53 cts.
336
Do.
Exploration 30 eta
31 cts:
Do. Goldfeld
Big Wedge,
Gold Creek.
po Mining..
Кайнов
37/
Langkata (single) S.
$17
Explorations.......
Shanghai Loans
.
$8.40
14.10 Ranb.......
Tronoh Miner
314 19/-
561
1118
76 at
39.8033.72) 85 sts.
$13
1.9
$148
38.
76 ata.
$13
13.
יו
Venezuels Gold Fids.
Docks, Whar88,
Godowna, ete,
H.K. & K. Wharves.
Provident (old) --- $9 70
Do. (new)
H.K. & W. Docks.
S. China Motors A
Do. "B" $148 Shanghai Decks S.
New Engineering≤8. Hangkawi ....... 1. Landa, Hotels, and
Buildings
H.K. Hotela
H.K Tanda.
10:50
#354
H
(6.30
$6.20
$73
3731
$28
Shanghai Lande...8.
$14
Metropolitan Lands....
H.K. Kralties.....***
16.60
$122 Chins Do
$137 De: DebenturesS.
$12.16 Humphreys,
New Asin Hotel
.:51
312
$140
$24)
Asia Healtice "A"
Do.
S
"H" S.
597
Chinese Estates......
Cotton Mile ..
$13,35]
3. $13.00
1
$119
Sbai Cottons......3.
119
$13
Zoong Sing
S.
$13
370
Wing On Textiles(S.) 17)
Public Utilting
1921
$52.80
$15.80 Pook Trains (old)..
3182
373
D
(new)....
$76
3943
Star Ferries
345
$243
Yaumati Ferric ....
$231
Do.
(now)...)
$9.25
D'a.
Rights
H.K. Electrica
$761
$26
39.80 10t
$1.75
$13 $13.40
30
$14/
321
+
$19
$1,50
Tramways ..........................
⠀⠀⠀g, de muguminiam
China Lights (old)... $9.50 #9.30 19.60
(new)
$7.10
Macao do:
·Sandakan Lights ... Telephones fold}
Do..
China Buses.......
Tractions
Do (pref.). Industriala
Malabon Bugare
Caldbeck, ond.). Macgregore(pref.)8,
Canton Ives
Cements (comb.)....
Do. Ropes
Miscellaneous Dairy Farrasaran Der A Wings.................. Amusementa................. Ch. Etainments.....
Do.
$13.05
Merchants were quoted at 125 3/4
for cash.
Shanghai Dollarn Shanghai Dolars were quoted at 110 1/2 for near delivery.
Shanghai
Easy. Sellers were indicated at 1/4 3/16 for near, buyers at 1/4 5/16 March
N
U.S. Dollars.
Sellers early in the morning at 33 18/16 but subsequently the selling rate receded to. 33 7/8, buyers at 34,
H.K. STOCK MARKET
SATURDAY'S OFFICIAL
QUOTATIONS
It was not much of a market this morning but such as it was, the general tone was good, Telephones. and China Lights changing bands at $26 and $9.65, respectively, with an apparent shortage of shares at these ratės.
Sales
封
Union Insurances, 8675/678. Artamoks, 50 ets.
Benguet Explorations, 31 ots Star Ferries, $94. Telephones (New), $13. China Buses, Sh.813.40. Canton Ices, 31.87.
Buyers
Canton Insurances, $315. Venz. Goldfields, $6. Wharves, $118.
Docks, $134.
Providents (Old), $2.55.
Providents (New), 75 cta..
Ewo Cottons, Sh. 813.35,
Hotels, $0.20
Dairy Farms, 8291
"
Govt. Loans, 5 per cent Prem.
$15
"
$1.80
Hongkong Trams, $21.
China Lights (Old); 8.60.
(old)...
$2,90
China Lights (New), 391.
(0+W)...
$9,50
Electrics, #75)
16,90
Macno Electrics, 8231.
Telephones (Old), $28.
33
$201
Canton Ices, #11.
$41
35
$101
310
32.
52 et
Constructions, (old))
Do.
$1.80
(new) 50 cta..
$4.10
Lane Crawfords,
$4.10
$31
Mackintoshs ..........................
Nanyang Tobacco... $4
$13.20
Sinceros
131
17.00
Watsons
$7.60
$1.80
Wm. Powells
$1.10
$2
M. Greyhounds
$14
S. C. Enterprises ........
32
United Theatros .......
***
B. Lo. G. Bonds... 60%.
$8
$140
S'hai
H.E, Gort, Loans... $106
Wallace Harper......
A.K. Wing Ou
Do.
སྐ་
$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 (Daily Press,
Canton Agrate
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18624.
BERLIN BOURSE
Firm And Calm Tendency
Spécial to "Hong Kong'
Dally Press")
Re-
thy Telegraph, Copyright, Telegra phic Messages Ordinance, 1894. caized, February 11. 4.30 a.m.)
Berlin, February 10. The firm and calm tendency which prevailed throughout the week continued in the Share mar- ket on Saturday. Coal and Iron group and dyes showed some ani- mation but the turnover was small. Dullness also charseterised the Bonds Market, though there was some remand for fixed interest securities. Call Money 44 to 54. General Electric A.
E.G.
30.50 30.375 Continental
thouc Gelsenkirchen Min-
Caou-
154.25 154
ing Co. 62 62 German Dye Trust 128.25 128.50 Hamburg Amerika
Line (Hapag) 29 Harpenter Mining
..Co. Mannesmann Roeh-
ren
92.125
Shanghai Stockholm Vienna Yokohama Silver (spot)
Silver (forward) War Loan
18.159 'Kroner 34.58 Schillings 24.58d. per Yen
ון
Closing Quotations
February 10, 1934.
"ON" NEW YORK :-
ין
Bank Bills, on demand 37 Credits, 60 days' sight.. nom
ON BATAVIA:-
On demand
............... 581.
Bank Bills, on demand $7
ON LONDON-
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months'
sight
51
15%
ON PARIS:-
Credits, four months'
sight
1/68
Credita, 4 months' right 615"
ON SHANGBAL:-
ON SAIGON:-
"On Demand
110
On demand
67
ON SINGAPORE:--
ON MANILA:--
On demand
*63+
On demand
ON BANGKOK :--
On demand"
124
On demand
1251
ON INDIA:
SOVEREIGNS, Bank Buying
Rate.....
1/6
Bank, on demand
BAR SILVER, per oz
1043/16
ON JAPAN:
Telegraphie Transfer...
BANK OF EAST ASIA LTD.
Decline In Profits Reported
At Annual Meeting EXCHANGE OF BUSINESS
WITH SINGAPORE
com-
next month. It is expected that the whole building will be pleted during the early part o next year.
Presiding at the annual general meeting of the Bank of East Asia, Ltd., on Saturday the Hon. Su Shou-son Chow reported a decline
Furniture and tixture account in the profits for the past year. but he said that after taking into remains at the nominal figure oli consideration the general trade one dollar.. The cost of fixing up depression throughout the world, our temporary Office amounting
the
to about $48,000 was paid out of result ob- he thought that
our current earnings for the tained was not as unsatisfactory
A dividend of year. as it would seent. $6 and $1 bonus was declared.
Increase, in Investments The Increase in the Investment Account is due to the incorpora-"
Those present at the meeting were. Messrs. Wong Chu-son, P. K. Kwok. Wong Yun-tong, tion of the. Staff Provident Fund in our Balance Sheet, All invest- (Direc- Koen-chun, Li Lan-sang,
those held ments including tors), Kan Tong-po, (Chief Mana-
trust for the Staff Provident Fund ger). La Tae-fong (Manager), and the following shareholders, Messrs. have been written down to Kwok Shiu-lau, Chow Tung-sang, ruling market prices at the end K. K. Lee, Lo Hau-fook. Wong of the year. Yin-nin, Li Po-tin, Ll Tung Chan Tze-choy. Fox Cho-yee, Tso Shuk- hon, Li Pak-to, Chow Chi-nam and many others.
13
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days TO VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings Prea. Lincoln. Feb. 13, Midnight Pres. Hoover ...Feb. 24, 10a.m. Pros. Cleveland ...Mar. 13, Midnight Pres. Coolidge ...Mar. 24, 10 am. Prea. Taft Apr. 10. Midnight
via Shanghai, Kobe, Yokohama
Fortnightly sailings
Pres. Jefferson....Feb. 16, Midnight Prol. Grant........ Mar., Midnight Pro. McKinley ...Mar. 16, Midnight Pres. Jackson.....Mar. 30, Midnight Proe. Jefferson. Apr. 13, Midnight.
ROUND TRIP FARES TO EUROPE & AMERICA,. Special through rates to Europe via United States. Direct Choice of rail lines saross connections with all Atlantic lines. United States and Canada, liberal stop-over privileges for Sight-seeing. Full particular upon application.
Fortnightly via Suez to Europe & America
Ir
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay.. Suez Canal, Alexandria, Naples, Ganon. Marseilles," New York and Boston,
Pres. Hayes......Feb. 17; 8 mm, Pres. Johnson....Mar. 8, 8 am, Pres. Monroe... Mar. 17, 8 am Pres. Van Buren ... Mar. 91, 8 min.
Proa. Garfield.... Apr. 14, 8 ... Pres. Polk....Apr. 98, 8 am, Pres. Adams ...... May 12,8 a.. Pros. Harrison ....May 36, 8 mm.
ΤΟ MANILA
................................Pres. Hoover Feb. 15, 9 p.m. Fres. McKinley Mar. 1, 6pm. Pres. Coolidge.Mar. 15, 9 pm. Pros, Monroe.......Mar. 17, 8 a.m.
Next Sailing. Pres. Hayes
Feb. 17, 8 am. Pres. Grant....... Feb. 24, 6 p.. Pres. Johnson ......Mar. 3,8 m. - Pres. Cleveland. Mar. 6, 6 p.m.
Connecting with 9.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR
STEAMSHIP LINES:
AMERICAN
MAIL LINE
PEDDER BUILDING-HONG KONG.
CANTON BRANCH:—4, BHAKEY ROAD,
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 28380-Gloucester Building, Room 308.
((REUTER'S AMERICAN SERVICE, )
New York: February 10,
Dow Jones Averages High-1933/34, Low: Feb, 8.
Feb., 10.
Change
30 Industrials
110.74
60.10 1069
100.47
.6% down
20 Rails
56.94"
20.43 5-30
4.88
84 down
20 Utilities.
37.73
19.33 28,90
40 Bonds
91.48
73.31. "90.88
Commodity Index
60.44
41.88. 54.58
28.55 B'.73 Ib down 56.00.42 ap
35 down
Aria Lands, Limited, has received the following report from their New York correspondenta, E. A Pierce & Co. The market at the opening stag gered under the impact of the accumulation of overnight selling; however, there was no disorder in the rank and file of stocks and the brunt of the. selling fell on aviation stocks, but, with the exception of United Air, all others rallied before the close."
Wheat: There was a weak opening under general selling, with poor support as a result of the proposed Government regulation and fear of like measures being applied to the commodity exchanges. The market rallied near the close on commission-house buying.
Cotton: There was a broad general demand, but Southern selling was more noticeable. Prices closed firm on the probability of some form of production control, while a large sale of goods, inducing more price fixing aided the market.
رام
Silver: The market opened quiet and easier and then made full re- coveries from the low levels. The steadiness of the Sterling exchange was off-set by lower London advices. Business Done: 2,190,000 shares.
Div. 3
155 1021 → the
554 1344
low rate of
With the present interest ruling in the Colony 1 think shareholders will be satis- fed with the Directors' recom- mendation of the payment of a dividend of $8.00 and a bonus of Chairman's Speech
$1.00 per share for the year mak- meeting. the ing a return of seven per cent. an Addressing the
Chow
Shou-son sald:, their capital Hon. Sir
the year's The net pront for
In recognition of their loya? working shows" a slight decline and meritorious service, the Direc- from that of last year, but after tors recommend you to vote fol taking into consideration thé gen- the payment of a bonus of $24.000 eral trade depression throughoul to the Staff which is the same as the world. I think the result ob- | last year. tained is not as unsatisfactory as Before I formally move An indication of adoption of the report and it would seem
American Smelting.......
5.00 American Tobacco "E"
1.00 American Waterworks
Anaconda Copper Mining
مصعد
LAST BALE
1032
BIGB
Low PX2, BEL.
Feb., 9. Feb, 10.
112
471
3.00 Air Reduction
$102
$102ł
on
- 70.
494
6.00 Allied Chemical & Dye'...... 4.00 American Can......
149
140
1011 102
Amrican Radiator.....
154 151
47
472
102
9.00 American Tel. & Tel.
1202
1201
78 78
948 43+
504
23
22
"ใน
152 151
着い
844
31
2.00 Auburn
514 621
Bendix Aviation
201
19%
2** 87
18
1.60 Borden Company
-25
20k
73.
Canadian Pacific
1.164
167
781
78
103
30+
28
281
31g.
28 bid 27jbla
401
152
501
6517
66%
1.00 Chrysler Motors
431
* 44
31+
4 37
1+
..
984
102A
32+
87 88
the
911
253 25
20-
28
10
20
191
10
· វចន្ល
221
10
30%
361 312
387 384
1. Gillette Salety
111
104
1201 197
431
421
151 154
90
00
921
N
311
32
"321
433
28 bid. 27 bid"
153 -- "16]"
171 17
this depression may be found in counts I wish to state that dur- the balance sheet before you, ing the year arrangement; was more particularly under the head-made with the Lee Wah Bank, ing of "Bills Receivable" which Ltd. in Singapore for the promo shows a falling off of over a mil- tion of our exchange business in lion dollars as compared with last that Centre and I am glad to say the result so far obtained is quite year.
satisfactory.
The Surplus Fund Under existing conditions in thei
Report Adopted With these remarks I beg to Directors have ex-} Colony. your perienced difficulty in finding safe propose that the Report and Ac and prontable employment of counts as presented be, adopted our surplus fund with the result and that the balance of #933,041,- that at the end of the year the 96 standing at the credit of Pro- ratio of our cash reserve repre- fit and Loss Account be deal with
as follows: sents over 70 per cent. of our la bilities under current and fixed deposits."
•
The payment of a dividend of $6 per share, on 55,886 shares ab
The usual amount was written sorbing $335.918, and a bonus of on from the Bank Premises Ac-81 per share, absorbing of $55,- bonus to count. The addition of a sum of 986; the payment of a 29.125 little over 8484,000 to this account the staff of $24,000; the transfer consists mostly of final payments to reserve of $100,000 and the 91.875 on the completion of a new build-carrying forward of $334.091.44 to
ing for our Canton Branch and next account.
On the proposal of Mr. Tao 64.75 64.25 part payments in respect of work
32
new Shuk-hun, seconded by Mr. Lo North German Lloyd 31.50
on the foundation on our Reichsbank
166.50 167: Bank Building" in Hongkong. I Ean-fook, Mr. LA Lan-sang Rhenish WestphaTM
take this opportunity to inform elected as an you that the work on the founda- tion and basement floor will be completed very soon and work on 95.75 94.75 the super-structure will be started Transocean Kuo Min. some time this month
len Electrics 95.50, 94.75 Slemens & Halske 146 146.625 United Steel Works 41375 41.825 Young Loan
48
162
41#
201
CE¢ IIII-.-.~STIETIESES EASTT OTIMIESTE
J. I Cass
0.50 Caterpillar Co.....
1.4 Chase National Bank
3.40 Consolidated Gas of N.Y. Curtiss Wright ......
8.00 Du Pont de Nemours 3.00 Eastman Kodak ...ce
Electric Auto Lite Co. 0% Electric Bend & Share
Electric Power and Light... 0.40 General Electric 1.80 General Foods 1.00 General Motors,
1.90 Gold Dust ...................
0.00 International Harvester
International Tel. & Tel.
4.00 Liggett & Myers "B"
1.00 Loew's Inc.
Montgomery Ward
280 National Biscuit
1600 National City Bank .........
1.20 National Dairy Producta
0,80 Otis Elevator ................
1,60 Pacific Gas & Electric
Packard Motors
0,60 Pennsylvania Railway
Badio Corpn.
Bears Boaback...........
968
味
31
10
18
31
25+
201
WELS
132 40%
ordinary directos for the current year while Meska. Percy Smith, Seth and Fleining were re-elected as auditors, on the proposal of Mr. Chow Ting-sang- or early seconded by Mr. P.. K. Evok.
214 203
41
351
1.00 Standard Brands
· Standard G
174 221
1.00 Standard Oil Co. of New
Jerney
151
Bocony-Vacuum Corpn.:
47
47
101.00. Texas Corporation
Trans-America
284
.281
1.00 Union Carbide & Carbon
461
600 Union Pacific, ......
128
45 128)
United Air 'and. Transport... United Corporation
29
561 651
421
- United States Steel
Westinghouse E. & K