· HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 14, 1934. -
MONEY AND
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayer B4Born
Numinal
Sharebrokers'
Association
TUESDAY.
Balert
Buyers
Baier
H.K. STOCK
MARKET
QUOTATIONS
Hongkong Trams, $22.60.2 -
China Lights (old), $9.60.
Telephones (old), $26. Telephones (new), $13.
MARKETS
LONDON EXCHANGE RATES
Lisbon Madrid
Milan Montevideo
(BRITISH WIRELESS SERVICE)
1/6 1/16
$1,83
**
1384 218
FEBRUARY 13.[
"
Banks
B.K. Banks **** $1,820
Chartered Banks
Do. (London)...
818
226)
Mercantile Bikes. "À“
Do.
0"
£13
Sterling Parity
$96
Fank of East Asia...
ex div. 306
YESTERDAY'S OFFICIAL
Amsterdam
N. O. & S. Barks ...
$1
Athens.......
$20+
Am. O. Fio. Corp:
ន.
Belgrade
3+
Ch. Fiu. Corp. Ord. 3.
Berlin
19.10 Florins ....373 Drachrase 270,318 Dinars 90.43 Marks
Feb. 1 7.80
530 8.
Feb. 1. 7.57+ 534 S.
227
12.94
12.91)
36
Do Pref. 8
Bombay
Is. 6d. per "Rupes..
1/6 3/32
Insurances
For China New Year
Canton Insurance#.....
$330
$310
31.80
Underwriters
market displayed quite
eve,
t
the
Brusse
35 Bolgas
22.03)
Bucharest
frm
314
Union Insurances .....)
undertone to-day. enquiries
fo
3076
1680
Chins Fires
$5.5
4020
shares being particularly notice-
Buenos Aires Copenhagen
***... 813,588 Lei 47.36d. per Reso 18.189 Kroner
515
21.861 510
36 5.0.
36 S.O.
22.40
22.40
H.K. Fires....
able in Utilities. Hotels.
Trams
Geneva
95.221 Francs
15.82..
16.88
3285
gm mummy
330
$8.30 International Assoe, 9.
skipping
Douglases
11 Steamboata
Indos (pref.)
$276
and China Providents also slight advances.
made
Helsingfors
193.23 Marks"
2251
226+
Hongkong
1/6
1/6
110 Escudos
109
1091
Sales
25.22] Pesetas
37
37 19/32
$30
93.46 Lire
58"
58
$33.
Do. (def.)
$36
Hongkong Banks. $1835.
30/-
·Shelly ......
-51-
Providents (new), 85 cta.
Montres]
$11
Waterkonta
New York
50.80d. per Pesc"
4.867 Dollar 4.967 Dollars
377 8.0.
377 9.0.
5.07
5.08
5.03
5.04*
Hotels, $6.95.
Mining
Oslo
80 ete.
Amtamoks ...
76 0.
Paris
18.159 Kroner 124.21 Franca
19.90
19.90
77 21/32
77 11/32
340
Balatcos
Prague
........
62 at
Baguio Gohl
....49 cts.
Rio de Janeiro ......
$40
Benguet Consolidated $39
164.25 Kronen 26.80d. per Gold Milreis
1031
1034
3:ala
Do.
Exploration;
130 ctx
Shanghai
130 at
Do. Goldfield
Stockholm
25 at
Big Wedge.....
15 ota
Gold Creek....
19.150 Kronor 34.881 Schillings 4.sed. per, Yen
4 8.0. 1/4 19.391 28+
41 8.0.
1741
19.391
1/2 9/32
1/21
$7
Ipo
T
28/0
Mining...
Itogous
Kallang
19 11/18 194
197
19 15/18
971-
Raubs. $144.
$17 $4.60
Explorations.
Langkats (single) B
101 15/18
$17.
Venz. Goldfields. $61.
241
Docks, 8134.
$6.80
Shanghai Loans 3.
$5.40
Raube***
$142
Tronoh Mince......
186-
Venezuela Gold Fida.
$61
Docks, Wharyss,
Godowns, sta,
8:181
$2.00 80 ots.
75/85 at...
H.K. & W. Docks
H.K. & K. Wharves. Providents (old)
Do.
11181
$2.70 (new)BO atš.
$13
$2
$8
S. China Motors' A'
Do.
$2.
19
$148
$6,80
$354
Hongkows
Shanghai Dock S.
3.
Lands, Hotels, and
Buildings
H.K. Hotels ******* H.K Lands...... Shanghai Landa...S Metropolitan Landau
New Engineeriagı8.
3146 Saj
Buyers
Hongkong Banks, 81830...
Canton Insurances, $310.
Douglases, $35.
Providents (old), $2.50.
Providents (new), 80 cts. Ewo Cottons, Sh. 313. Hotels, 86.30.
Humphreys, 811.30 ex. div.. Hongkong Trams, $22.60. China Lights (old), 89.60. China Lights (new). $94.
Macao Electrics, $239. Telephones (old), 826.
Singapore Tractions."4/6. Dairy Farms, $29.
Government Loans, 5% Prem.
Vienus......... Yokohama..... Silver (spot)
Silver (forward)
War Loan..
ON LONDON:-
-21%
Closing Quotations
February 13, 1934.
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months
sight
ON NEW YORK:-
281
Bank Billa, on demand 37. Credita, 60 days' sight.. nom
anders
861
Back Bills, on demand 575
ON BATAVIA I
On demand
1/8
OS PARIS
Credits, four months'
aight...
1/6/
Credits, 4 months' sight 615
ON SHANGHAI :-
ON SAIGON
On Demand
110
On demand
471
ON SINGAPORE →→
ON MANILA-
Op demand
630
On demand
74
ON JAPAN-
ON BANGKOK :-
On demand
1241
On demand
1244
481
$731
HUGE
BILL FOR
O INDIA
SOVERSIONS, Bank Buying
Telegraphic Transfer...
Rata
1/64
Bank, on demand
8
BAB SILVER, per oz,
16.60
PRESIDENT Liners
13
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly axilingu Pros, Hoover. Feb. 24, 10 a.m.. Pres. Cleveland... Mar, 13, Midnight, Erve. Coolidge ...Mar. 24, 10a.m. Prea. Taft... Apr. 10, Midnight
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings
Pres. Jefferson.....Feb. 10, Midnight Pres: Grant....... Mar. 2, Midnight Pres. McKinley ...Mar. 18, Midnight Pres. Jackson....Mar. 30, Midnight Free, Jefferson.....Apr. 13, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europe via United States. connections, with all Atlanto lines.
Choice of rail lines acrom United Stato and Canada, liberal stop-over privileges for Sight-wooing. Full particulars upon application.
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay,· Suez Canal, Alexandria, Naples, Gence, Marseilles, New York and Boston.
Pres. Garfield
...Fab. 17, 8 a.m. Pres.' Hayen Pres. Johnson ......Mar. 3, 6 am, Pres. Monroe.... Mar. 17, 8.m. Free. Van Buren...Mar. 81, 8 a.m.
TO
Next Sailing,
Apr. 14, 8 a.m. Pres. Palk...Apr. 28, 8 a.m. Pres. Adams ... May 12, 8 a.m. Pres. Harrison......May 26, 8 am.
MANILA
.Pres. Hoover Feb. 15, 9 p.m.
Pres. McKinley ...Mar 10, 8 p.m. Pres. Coolidge.......Mar. 18, § p.m. Pres. Monroe Mar. 17,8 am .Mar. 24, 6 p. Pres, Jackson.
Pres. Hayes... Feb. 17,8am. Pres. Grant Feb. 94, 8 p.. Pres, Johnson.....Mar. 3,8 m. Pres. Cleveland Mar. 6, 6p.m
Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAIL LINE
FROOME BUILDING-RONG KONG.
CANTON BRANCH:~4, SHAKEX ROAD.
Pa
$6.25
$73
$20
314
*B.40 $12
H.A. Kealties.........
$137
$11.30 ex div.
Chins Do....... Do DebenturesS. Huaphreys ****
$12
New Asia Hotel
701
$140
$20
Asia Realties "A"S.
"..Do.
"R" S.
$97
Chinnse Estate......
Cotton Milla
$13
Evos
28. $134
$119
Shai Cotton
S
119
8131
Zoong Sings......S
$13
870
Wing On Textiles(S.) $70
Public Utilitie
$221
$82.60
Tramways.....
$89.00
$151
371
$71
$46
1931
رة
$15.90 Peak Traus "(old)...].
Dr. (new)...
Star Ferries
194) Yaumati Ferries...
China Lights (old).
Do. (now)... Do."
39 65 $91 »
UNDERWRITRS
The Atlantique Decision
(Special Aly-MaH Servies). Judgment given by the
Was Seine Commercial Court in Paris to-day in the case of L'Atlantique --the 42,000 ton French liner which caught are in the Channel last
January.
COCHIN CHINA'S EXPORTS
Rice And Maize Better
During 1933
The rice exports from Cochin tons, shipped to Yunnan. China in 1933 amounted to 1,220,- 90 tons. This figure marks a pro- It decided that the liner was a
gress as compared to the last year total loss, and that the whole of 1,131,650 tons) and still more as the sum for which she was insured against 1931 (961,200 tons), but it should be paid by the under-Is yet considerably below the total writers, as well as the costs.
It is
not because the crops there were below normal, as on the contrary they were good and no accident whatsoever in typhoon or floods occurred to handicap them, but because the Tonkin farmer was of rice exports for 1925-29 during unwilling to give up his crop at The total sum the underwriters
which period the maximum, attain- the existing market price which will have to pay is estimated st
ed in 1928, totalled. 1,866,160 tons. he considered too low. It would £2,125,000 at present exchange As to the shipments to France, not seem, besides, that he had any rates, says the Central News. Of they are steadily growing. From an reason to complain of it. The this the share of British
approximate annual total of 200,000 production of cereals in Tonkin is writers is £1,500,000.
tons until 1930 this department of just enough, in the present state be a severe exports nas The result will
successively attained of the administration of the count- blow to London underwriters, 300 and 400,000 tons during the ry, to feed the population. Rice, the mer had been" large- following years and exceeded in which is not sold, is consumed.
The farmer eats as much as he and re-insured .ly" insured
1933 the figure of 530,000.
These results were largely due to wants, getting for maize the little London. British shipyards will
organised prepaganda
ih, money he needs so that he doubt- also be deprived of much needed work in repairing her.
The
$2.60
$9,80
191
Righte
$761
H.K. Electrica
3781
Macao do.
$2
Sandakan Lights ...
328
Telephones (old)... $26.86)
313
Do. (new)
312.90
$13
China Bus p... 8.]
Tractions račka 1, ***.
Do. (prof.)
Industriais
2.3
$141
Malabon Sugare ***
$15
391
Caldbeck, Tord.) 8.
$19
Macgregora pref.)8,
$1.75
Canton Ice
$1,80
Cements (comb.)....
Do.
(old)...
$9.40
33+ $7.10
Do.
(Bow)...
$2,50
Ropes...
$6.90
not be
$20
322
$101
Amusements ...... Ch. E'tainments......
310
32-
Constructions, (old)
$1.00
52 et*.
Do,
(new) 80 cts
34.10
Lane Crawfords......
$4.10.
Mackintosha **********
THUKUL⠀20
prem
+49
Miscellaneous
Dairy Farms,****
Der A Wings...
#21
Nanyang Tobacco...
$13.20) Binetron,
17.80
Watsons
Fowella WIL
M. Greyhounds
1.69
$9
31
C. Enterprises
J3
United Theatres...
$1%
B. I. G. Bonda...
20%
18
Wallace Harper "
Bhad
Do,
HE. Gort. Loana... $160
$140 B.K. Wing On
Owners
have
under-
In
the
Paris on the initiative of the Gov- less is not among those most af-
(of “Indo-China. fected by the general crisis.--- contended ❘ernment-General
throughout that the liner could To a certain extent they compen- repaired, and that this sate for the growing decrease in gave them the right to abandon exports to China and other "mar-
tokets of the Far East. her to the underwriters and receive from them the full amount 1surance the payable undex policles.
The underwriters contended that the Atlantique could be repaired, British and they stated that a
the firm had tendered to do repairs.
The three experts appointed by
$13 $7.80 31.10 the Seine Commercial Court whe
***
#125
$130
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 Agents i
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18624
The exports to Hong Kong and China in 1933 amounted to 194,000 tons, a decrease by about 20,000 tons against the preceding year, still an increase over the exports of 1931. but a clear decline as com- pared to the export agures for 1923 and 1927 which were from 6,000 to 7,000 tons.
BERLIN SHARE
MARKET Upward Tendency Continues
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG),
Tel. 28380-Gloucester Building, Room 308.
(KEUTER'S AMERICAN SERVICE.)
New York: February 10.
Dow Jones Averages High-1933/34. Low: Feb., 9.
30 Industriala
20 Rails
20 Utilities
40 Bonds
50.16 106.00
Feb., 10. Change 105.47.62 down 49.65.84 down
110.74
56.94
95.43 14.30.
37.73
19.33 28.90. "
91:48
60,14
73.31 90.88 41.98 54.18 **
28.55 90.73 56.00 .42 ap
35 down .16 down
Commodity Index dela Landa, Limited, has received the following report from their New York correspondents, 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 athers rallied before the close.
Wheat: There was a wear opening under general solling, 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 bread 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.
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 advice.
Business Done; 2,180,000 shares.
DIV. 1939,
PER. SH. HIGH LOW
43+
402
3.00 Air Reduction
LAST SALE
Feb., 8. Feb, 10.
149 149
1011
102
154 154
199
$102 $102
112
155
701
8.00 Allied Chemical & Dys
1024
403
4.00 American Can
American Radiator......
47
55
102
-
American Smelting.....
473
1341
K8)
9.00 American Tel & Tel. ..................
1204 1204
041
50/
5.00 American Tobacco "B
78
78
107
1.00 American Waterworką ................
23
224
24
6
Anaconds Copper Mining.
151
10%
514 522
841
31 2.00 Auburn
926
aj
Bendix Aviation
20+
19+
25
241
37%
18
140 Borden Company
164
161
20%
7
Canadian Pacific
784
781"
[Special to the "Hong Kong Dally Press" (Copyright,)]
Berlin, February 12.
103
201
3. I Case
a18
5+
0.50 Caterpillar Co...
281 287
15%
14) Chase National Bank
28 bid 271bid
554
BET
73
1.00 Chrysler Motors
432
#
648
31+
3.40 Consolidated Gas of N.Y.
+44
31
Curtiss Wright
+
981 991
.: 1092
22
2.00 Du Pont de Nemours
87
3.00 Eastman Kodak ...
912
Electric Auto-Lite Co.
252
28
48
10
8% Electrio Bond & Share
20
10
10%
3
Electric Power and Light..."
22
20
101
0.40 General Electric
21
1.60 General Foods .....
351
387 387
1.00 General Motors
111 101
1. Gillette Safety...............
201 100
1.20 Gold Dust
138
0.80 International Harvester
431
International Tel. & Tel.
153
4.00 Liggett & Myers "B"
90.
1,00 Loew's. ILU:
321 314
321 321
Causes of Decrease
The upward tendency set in on The cause of this decrease le saturday continued on Monday examined the hull of the liner decided by a majority that she first of all in the Customs regime despite restricted turnover brought
could not be repaired.
AN APPEAL
of Indo-China Which is.ittle fav- ourable to Chinese products and about by the Church holiday in deprives the neighbouring country the South and West of Germany. from the possibility of importing Mining and Potash shares arm, into Indo-Ching such goods which also certain shares hitherto not The decision caused little sur-
the general rise, for prise on Lloyd's," the decision it might hope to introduce there affected by
Bugar manufacturing as. A counterpart to rice which. It instance, having been fully expected.
Fixed Interest Be- The abundance of companies. The underwriters involved are to buys there.
were not uniform but appeal against the verdict on the crops in the neighbouring Repub- curities
upward ground that of. the three experts He, by which was motivated the mostly declining. Towards the appointed to examine the liner levying of an entry-tax on foreign close of the day the directly after the fire one decided rice, has also had an indisputable tendency was checked by news of There was also com- disturbances in Paris and Vienna, that the ship was not beyond influence.
" Call Money 4 to 54.' young petition from American tea. 'repair.
On the whole, owing to low rates Loan lower to 931. Reichsbank of rice, the value of rice exported declined 1 to 1651. Dye Trusts Ir 833. notwithstanding the grow advanced i to 1281. Balzedetfurth of its quantity, was much in- Potash deelthed 4 to 154. German Steel Trust down † to 413. German or to that of 1932,
Mineral Oil improved 4 to 107,- Siemenshalske weakened to 1454. were-Transocean Kuo Min.
THE £3,000,000. "SHIP. The Atlantique belonged to the Sud-Atlantique Company and cost more than £3,000,000 to build
crew
Maize Exporta She was on her way to Havre
On the other hand somewhat
profits when the fire broke out. She had more appreciable Do passengers, but the
drawn by Cochin China from the numbered 230, and 211 of them exports of maize which amounted were saved.
to 176,075 against 137,789 tons in. The blazing ship was taken in 1932. This grain which enjoya tow to Cherbourg. The cause of very considerable protection in the fire. which broke out in a France, has been sold at a price first-class cabin, was never de- profitable to the Annamese gro-
Allegations wer. finitely established.
#
of incendiariam were made at one In Tonkin the exports of maize time, but were not. proved, -k have also attracted some money in- There are 69 insurance" com" to the country. I was the more panies concerned, and most of the so opportune as the rice exporta Insurance was effected in London. there were almost negligible, 23,- The loss is one of the heaviest 300 tons, as against 28,000, of the borne by British underwriters for proceding year, to which, it is true, must be added about 14,000 some years A
RICHSMARK QUOTA- TIONS
(Special to the "Heng Kong Dally Pross" (Copyright-)3
J
Berlin, February 12. Reichmarks quotations (without guarantee): S
.38.04 New York.. Paris ........599 7/8 58.07 Amsterdam pign
47.7.80 15.45 Transocean Kuo Mia.
Paris Sterling.. Dollar
Montgomery Ward
2.80 National Biscuit
16 1.00 Nations! City Bank
1.20 National Dairy Products 0,60 Oria Elevator Dime
1.to Pacific Gas & Electric
Packard Motors
0,60 Pennsylvania Railway
Radio Corpa, Main
Bears Hoebuck.........
1.00 Standard Brands
Standard Gas
1.00 Standard Oil Co. of New
Bocony-Vacuum Corpn..
Jersey
301
100 Taxas Corporation Trans-America
14
234
191
1:00 Union Carbide & Carbon 000 Union Pacile ........
United Air and Transport... United Corporation United States Steel Westinghouse E- & M-
434 434
28 bid 271bid.
161 18
171
211 201
364
8
171
221
151
28.
264
71
461.
126 1261