DAILY SHARE "QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
SATURDAY,
Bayern
Jalna (Nomisal
Bayar
Bolları
Salan
FEBRUARY 24.
$35
$118
$9.80
30 sta.
ค
1,820/1,825
£138)
218
228
ยาม
Banka
H.K. Banks..................
Da (London) ....... Chartered Banker”...
Mercantile Bis. "A"
Do.
$96
Bank of East Asia........
NO. 8. Banks
$20
Am. O, Fin. Corp: B
#
Ch. Fin. Corp. Ord. N.
Canton Insuran.com.
$310
Do. Prof. B.
Insurances
Underwriters
3870
Union InanrSNOUR ...
China Fire
1283
H.K. Fires......
279
35.20 International Assoe. 8.
$124
330
shipping
Douglases .....
Steamboats
Indos (pre)
$31 Do. (def.)
3574 Shells
$11 Waterhoata
Mining
76 ctr..Amtamoka ......
$40 Balatcoa
54 ots. Baguio Gold
72 cts.
⠀⠀⠀⠀⠀⠀⠀ *** T**RE MOR
HONG KONG DAILY PRESS, MONDAY, FEBRUARY 26, 1934.
MONEY AND MARKETS
(BRITISH WIRELESS SERVICM.)
$1,890
H.K. STOCK MARKET
LONDON EXCHANGE RATES
136)
£13
395
巴差
$310
$1.40
1560
3975
$36
$12
BIL
FIL
$40
Benguet Consolidated
$38)
100 cl.
Do. Exploration,
30 cts.)
30 uta.
Do. Goldfold
¡14 at
SATURDAY'S OFFICIAL
QUOTATIONS
On Amsterdam
Athens
Further transactions were effect" | Belgrado
éd in Electrics at this morning's | Burlin "........... session at $77, at which rate Bombay.... tuyers
were still unsatisfied, but Brusseli sellers were willing to part at $78. Bucharest Sales of Hongkong Lands are also Buenos Aires reported at $71, and some substan- Copenhagen tial lots have changed hands. The Geneva..... rest of the market was very quiet.
Helsingfors N.B. It is intended to suspend the Hongkong Issue of these Dally' Summarles Lisbon for the duration of the Races. 3fadrid.
Sales
Milan Montevideo Montreal
Hongkong Banks, $1820/1825. Raubs, $14.
Hongkong Lands $71.
Hongkong Trams, $21,80,
Electrics $774/778.
« Telephones (Old), $254.
#
Buyers
Douglases $35.
Wharves, $118.
Providents (Old), $2.60.
Providents (New), 30 cents.
Ewo Cottons, SH, $134,
Hongkong Trams, $21.80."
Telephones (Old), $25.
Telephones (New), $1285.
Canton Ees, $2.
Cements (Old), $2.55%
Cements (New), $2.55.
New York
Oslo
Paris Prague
Rio de Janeiro
Shanghai Stockholm Vienus...... Yokohamaa Silver (apot)
Starling Parity
19.10 Florin 376 Drachmae 274,316 Dinar ... 90,43 Marks
is éd. per Rapes
36 Belg 813,568 Lei 47.58d. por Pero
18.159 KronA
25.294 Franci 193.93 Marku
Fob. 23. 7.671 530 9.
Feb. 21. 7.573 530 3.
105
12.85+
12.86
1/6 3/32
21.85
$121
36 S.O. 22.40 15,771
1/8 3/32
21.85
510
PRESIDENT
13
iners
SPECIAL SUMMER
ROUND TRIP FARES
Hong Kong Residents will be interested in the news, of greatly reduced Summer Round Trip Fares" to AMERICA and JAPAN.
TO AMERICA these rates are available on "President Liners sailing between June 1st and July 31st.
"return limit September 30th.
11
Final
*361 5.0.
22.40
1st Class
Tourist Class
15,78
2261
226+
1/6
1/6 3/8
110 Escudos
1001
1091
...... 20.22) Pesetas
371
ST
9246 Lire
588
59+
Hong Kong to Victoria & Seattle
and return... US$482.00 Hong Kong to Honolulu and return. US$360.00 Hong Kong to San Francisco
US$240.00 US$196.00
60.884. por Peso..
371 8.0.
38 S.Q.
ᎨᎰ
and return... US$450.00
US$240.00
5.10
4.867 Dolları
5.10
4.067 Dollar!
·5.07+
5.07.
19.90
77 13/32
+77 13/32
123
1221
4 S.O.
4 s.Ov
1/4 9/15 19.394
281
1/2 7/82 201
1/2 7/32
20 11/18
21%
Silver (forward).
War Losa
18.159 Kroner 19.21.Franca 184. Kronen 28.93d. per Gold Mitreis
18.159 Kronor 34.39 Schillings "24.56d, per Yea
19.90
1/4 9/18
19.394 28.
Fares on s.s: "President Hoover" and "President Coolidge" slightly higher.
TO JAPAN fares apply from June 1st to September 30th.
with return limit October 31st.
16
Hong Kong to Kobe and Return
ON LONDON:-
Closing Quotations
February 24, 1974,
Bank Bills, on demand)1 61
1 ON NEW YORK:-
Bank Bills, on demand 33)
Credits, 60 days' sight. nom
ON BATAVIA :-
...On demand
Bank Bills, on demand s86
714
$14
26 ota. Big Wedge
Gold Creek.
Ipo Mining.
Itogons
Kallans
Langkata (single)
14
17
#71
26/0
317
*
16
Tronoh Mines
Jej
Explorations......
Shanghai Loans
Raaba
Vecozuela Gold Fida.
Docks, Wharves,
Godowns, ets.
H.K. A K. Wharves.
Providents (old)
Do. fuew)
H.R. & W. Doeken
27-
1171
$47
$6
Electrics, $77.
Macao Electrics, $233.
196
561
3110)
-9.70
Dairy Farms, $274.
3D ste,
"Govt. Loans, 64 per cent. Prem
Telegraphic Transfer...
$14
Sellers
12
4H
8. China Motora A
Do.
$2
Bank Bills, 4 months!
572
"B"
$2
$145
Shanghai Dockà S.
$145
China Underwriters, $14. Electrics, $78.
sight
1/61
ON PARIS
Credits, four, months'
18.60
New Engineeringas,
sight
1/7..
Credits, 4 months' aight 695
$251
Hongkow
By
ON SHANGHAI ;---
"ON SAIGON
Lands, Hotels, - pad
On Demand
110
On demand
A**
16
$71
$24
Buildings
H.K. Hotels......... HK Lands.........6. Shanghai Lagda....
div. 3711
THE EXCHANGE MARKET
ON SINGAPORE :--
ON MANILA:-
On demand
848
On demand
TEX
ON JAPAN:-
ON BANGKOK ¦---
On demand
127
On demand
$14
Metropolitan Lande...
ON INDIA:-
SOVEREIGNS, Bank Buying
$8.30
H.K. Realties...
16.30
Telegraphic Transfer...
Ratë
1/81
$120
Chias Do..............8.
Bank, on demand
100
BAR SILVER, per.oz,
$137
Do. Debentures3.
$112
REPORT
Hong Kong to Yokohama and retura
For further particulań apply –
First Class
HK$225.00
HK$255.00
LINES
Frequent sailings..
DOLLAR STEAMSHIP
AMERICAN MAIL LINE
ZADAR BUILDING-KONG KONG.
CANTON BRANCH:-4, WAKEE ROAD.
3140
320
387
#131
Ewos
JB $13.30
$110
Shai Cottons......S.
$134
$11.20 Humphreys "......................
New Asia Hotel
Anis Realtion "A'S.
Do.
"B8.
Chincas Estatos..............
Cotton Mil
Zoong Bings ... S.
270 Wing On Textiles(S.) 171
Public Utilities
Tramways...
813.00 Foak Trama (old)...
$21.00
$180
$74
Do,
(now)...
3848
Star Ferries
$243
Yaumati Ferries...
19.80 China Lights (old)...
59.40
Do."
(DAW). Do. Rights
H.K. Electric
J
Makan Lights...
do. LATANO
Telephones (old)
Do.
(new)
$13.40 China Buses.
$78
771/77
የዚ
$251
125}
*
$12.68
IN
#2 55
$2.55
$271
B/-
Tractions
15/-
Do. (Dret.) Industrials
3144 Malabon Sugars....
$91 Caldbeck, lord.) 8. Macgregors (pref.)8.
$19
Canton Ives,
Cements (comb.).
Do. (old)...
Do.
Bopen
{BW:)...[
Miscellaneo
Dairy Fartuszaryması Der A Winga.................. Amusemäents ........ Ch. Etainmonte......
313.30 Sinceres .....................
331.70
!!!
$119
MESSRS. ROZA BROS.
Saturday, February 24.
Silver prices Tose 1/8 yesterday
for both deliveries, the quotations
BERLIN BOURSE
being 201 for Ready and 20 11/16 Week Closes. Quietly
for Forward. Silver advices report-
3 ed India as having bought. China
sold. The market was steady. In America the rate was higher at 46 1/2 for Spot. The
315
firm.
574
300
$24)
9.65/9,70.
39.35
$771
$19.80
***
robust.
Market
market
W45
Berlin, February 24: The week closed with a quiet Share market business being day. New York advices reported the very small but prices not declin- opening rate at 5.071 and the closing greatly, as the future is filled
with ing rate at 5.07. Steady."
confidence. Metalurgicala were firm, also Chemicals. Fixed interest securities likewise quiet Quiet. the undertone. was not but prices held well. Call Money 44 to 54. Although on the whole the bourse was exceedingly firm throughout the week it exhibited
curious one
*feature reflecting current feeling towards the whole economic situation. Last Tuesday the public began to sell fixed in- terest securities and buy shares especially" sorts hitherto somewhat neglected. This change indicated Business was done at 39 1/16 for the expectation of a sudden im- near and 39 April. The market provement in the industrial out-- closed with sellers at 39 February | look. The $2.50 39 1/16 March and 39 3/16 April, $2.90 buyers probably at 1/16 higher re- $6.20 spectively.
SIK
$1.90
Sterling Business was done during the course of the morning at 1/6 17/32 for April delivery. The market closed with sellers at 1/8 7/16 February-March and 1/6 17/32 second half March- April.
U.S. Dollars
-13
од
tendency continued until after. Schacht's speech Thursday stating that the Mark would be kept stable and fore- scale shadowing an early fixed Merchants were quoted at 129 conversion, when the tendency
Yen
Early advices indicated sellers at 1/4 March, buyers at 1/4 11/16 March. Bubsequently the market eased off to sellers at 1/4 9/15, buyers at 1/4 near.
$274
35
for near delivery.
$41 $101
$10
[54 ctx
Constructions, (old)}
Do.
$1.90
(new) 50 ots
54.10
Lane Crawfords.......
$4.10
Shanghai Dollars Were quoted at 1102 for cash. Shanghal
$21
Mackintosha............ Nanyang Tobacco... #4
37.80
Watsons
$1.80
Wm. Powell,
$13 $7.00 31.10
12
M. Greyhounds.
$14
B. C. Enterprises
United Theatres..... 8.
81
B. Ind. G. Bonda... 50%.
prem.
**
H.E. Gort. Loans... 106
18
Wallace Harper
1140
H.K. Wing do
S'hai
De.
0130
Asia Lands Limited
Gloucester Building Tel 26691 (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
John
Canton „ágmta
H. Ferguson & Co.
89, B. C. Shameen.
Tel 18824
U.S. Dollars
Early advices indicated sellers at 35 5/16 February, Towards the close sellers were indicated 35 3/16, buyers probably at 351 for cash.
BERLIN SHARE
MARKET
Teversed, the public selling shares and buying fixed interest ¿securi- tles, but the net result on both markets was a higher level of prices all round, General Electric
a
Continental'
Gelsenkirchen
29.125
"A.E.G. 30.75
Caoutahove 154.87, 154.
66. 85.25 Mining Co. German Dye Trusts 133.
133.635 Hamburg America
Line 28.50 27.75 Harpener Mining
Co. 07.375 95. Mannesmann
Roehren 68. 69.25
30.75 Lloyd 32.25 Reichsbank
****.... 167.875 173.125 Rhenish Westphalen
North German
Electrics 08.125 98.50 Siemens Halske... 150. 150.87 United Steel Works 43. 42.50
[Special to the "Hong Kong Dally Young Loan ...... 92.90 93.
Press" (Copyright).)
Berlin, Feb. 23.
Transocean Kua Min..
REICHSBANK QUOTA- TIONS
On Friday evening the Reichs bishop Mueller published the new list of members of the administra- tion of the German evangelical church which includes the former Resistant provincial minister in Coblenz, Doktor Forschoff, former | (Special to the "Hong Kong Dally, director of the "Rauhe Haus" in Hamburg, pastor Engelke, as well Bs the reformed member of the former church administration, pastor Weber, Elberfeld,
Departing from' the hitherto prevailing practice the members of |the church council will hold their offices in an honorary capacity. The council will hold its first meet- |ing on Thursday next after which 's detalled statement will be issued. -Transocean Kuo Min.
Press" (Copyright).]
Berlin, Feb. 23. Retchmark quotations (without guarantee)!—
New York Paris Amsterdam Paris Sterling Dollar
39.5 602.33
58.94...
77.46
15.285
Transocean Kuo Min,
DEVELOPMENT OF ELECTRICITY
Ottawa, Canada. Cheap elect- ricity, developed. principally from abundant water-power, is steadily revolutionizing conditions in homes and factories throughout Canada Electric power is chea- per in some parts of Canada than. elsewhere in North America. In Ottawa, for example, it is sold for domestic use at less than one cent per kilowatt hour.
Recently complied statistics show that there are about 1,500,- 000 homes in the Dominion wired for electricity. This total repre- sents about three-quarters of all the homes in Canada.
The introduction of electricity means placing the possibility of several additional comforts and conveniences in the home, such ea lighting, electric coolding, re- frigerators, water heaters, wash- ing machines, humidifiers, clocks, and other devices, that can be operated by merely turning a switch and at a cost that is very nominal
NEW YORK STOCK EXCHANGE
ASIA "LANDS, LTD., QUOTATIONS
(INCORPORATED IN HONG KONG).'
Tel. 28350-Gloucester Building, Room 300.
(BRUKIE'S AMERICAN · SERVICE.)
New York: February 24,
Dow Jones Averages. Bigh-1933/34. Low: Feb, 23.1
30 Industriala
20. Rails
-20 Utilities
40 Bonds Commodity Index
110.74
80.16 106.14
56.94
25.43 80,02
37.73
19.33 97.60
92.45
73.21 82.03
80.44
Feb, 24. Change
104.77 1.37 down
.94 down
,03 down
14 down
.11 down
49.08 27.57 31.89 41.98 54.01 33.90
Asim Lands, Limited, has received the following report from their New York correspondente, E. A. Pierce & Co. Belling carried the market to a point which technically signifies but little importance. We would prefer side-lines buying on the side, pending further developments. The auto- móbile strike has been postponed until Monday, as labour leaders are endeavouring to get all the plants to join the movement.
Wheat: Some selling pressure and farther. reports of rains in thể South-West caused scattered liquidation and the market is now awaiting. some new incentive.
Cotton: Market dull. Sentiment is mixed and many are awaiting definite action on the Control Measure.
Silver: Market steady but irregular. There was heavy transferring of March.contracta into latar deliveries.
Business Do, e: 1,900,000 shares.
Hron
112 160
*
Bendix Aviation
Canadian Pacific
1932
Div. 8
LAST SALE
Low
PIR. SH.
Feb., 13. Feb, 24.
47
3.00 Air Reduction
$101
$992
704
1003 17
49 18
6.00 Allied Chemical & Dye 4.00 American Cany
155
1544
103
102
50%
101
1342
In the manufacturing field an even greater advance in recent years has been made in electrifi- cation. More than one-third of the 35 principal industries of Canada are now 90 per cent elect- rified and 27 per cent have a ratio of more than 80 per cent, so that industry as a whole' is over. 76 per cent electrified. "In the prin- cipal branches of the textile in- the electricfication 13 dustry "practically. 100 per cent.
B41
601
431
107
22
"B
842
31
American Radiator........... American Smelting.......................... 9.00 American Tel. & Tel. 5.00 American Tobacco "B" 1.00 American Waterworks
Anaconda Copper Mining ... 2.03, Auburn
15%
15
46
452
121
1214
ri
751
762
23
23
151
134
5312622
201
20
237*
378
160 Borden Company
237 294
16
157
20%
7.
103
Au
J. I Came
752
al
0.50 Caterpillar Co.
301
294
18
404
1.40 Chase National Bank
29 bid
29 bld
50t
+!
22
31
84%
1.00 Chrysler Motors..... 3.40
571*
561
1+
Consolidated Gas of NY, Curtiss Wright
401
40
#
5
102A
2.00 Du Pont de Nemours
101
40
3.00 Eastman Kodak ...
89
03
281
10
Electric Auto-Lite Co..................
20.
10
8%. Electric Bond & Share ..............
184
177
48
154
3
Electric Power and Light...
7
101
0.40 General Electric
214
30
21
1.60 General Foods
341
394
43#
10
էր
1.00 General Motors.......................
39+
10 Gillette Safety
114
11
201
27...
12
1.20 Gold Dust
194
19
424
46...
144 14
400 Liggett & Myers “B”
85
-85
1.00 Loew's Inc.
364
Montgoniery Ward
2.80 National Biscuit
104
1.00 National City Bank...
291b14 29 bid
101
1.20 National Dairy Products:
101
0.60 Otis Elevator .........
171 104
314
18
10 Pacific Gas & Electric
20
201
1
Packard Motors
51
131
0,60
Pennsylvania Railway
37
351
3
Radio Corpn. .............
12
Sears Roebuck .....
471
8
Socony-Vacuum. Corpn.
17
181
37?
lat
1.00 Standard Brands
51
**
Btandard Ga
221
1.00 Etandard.. Oil Co. of "Now
Zpracy
474
20
1.00 Texas Corporation
27
Trans-America
19 1:00 Union Carbide & Carbon
132
8:00 Union Pacile
mai
128::
126
United Air and Transport...
Caited Corporation
United States Steel.
The extent to which electricity is used in the mining and metall- urgical industry is indicated by the fact that this industry uses between 13 and 14 per cent of the total power generated by Cana- dian central stations. In the lum- ber industry, which uses large amounts of electric power, statis- tics show that, exports in 1933 were one-third greater, than in the peak year of 1912.
Electric continues to be used in industry in increasing" amounts. Because of the absence of moke and fumes and account of the ac- curate, control of temperature, electric furnaces are being widely adopted by mines for underground. tempering and sharpening of drill steel, also for assay work. In 1933 there was a considerable increase in the use of electric atean gen- erators, particularly in the pulp and paper industry, as an econ- omical means of providing process steam..
Hydro-electric power develop- ment during 1933 was confined. | to undertakings Initiated in pre-
vious years," and put into opera tion 270,000 additional horse- power, bringing Canada's total installed capacity up - tọ 7,330,260 horse-power. Thers are still many millions of horse-po- wer unharnessed.
25
0,60 International Harvester
International Tel. & Tei,
Westinghouse E. &,
IBE
.40%
311.
324314
401 400
Page 15Page 16