--

£138

£10

028

£13)

308

1

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Buyer Batter

wh

Kalya

TUESDAY.

Sharebrokers'

Noniinal FEBRUARY 27.

11,733

Bank

H.K. Banks

Do. (London) ... Chartered Banks

Mercantile Rks. "A"

Do.

Bank of East Asia....

Association

Nomina

THE EXCHANGE

LONDON EXCHANGE RATES

ex dir. $1,750

t

MARKET

£20)

£13

MESSRS. ROZA BROS.

395

N. C. S. Barks...

REPORT

સ્કા

$90

Am. 0. Fin. Corp: B

Ch. Fin. Corp. Ord. S

Feb.21. 7.57€

36

Do. Prof. 8

Insurances

Canton Inanrancos...

$310

$920

31.30 $1,30

Underwriter

31.40

3670

Union Insuranc0# ...

3660

1525

China Firea

3021

$283

H.K. Fires

$6.20

Intemational Asses: S

$876

shipping

$35

Douglases

$38

LA

#174

Steamboats

$12

$30

Indos (pref.)

$30

133

Do. (def.)

Febrúary 27, 1934. Silver prices dropped 3/16 yes terday for both deliveries, the quo- tations being 201 for Ready and

Silver advi-Brussels 20 7/16 for Forward. ces reported America and China ways. as having operated both India bought. At the close Amer ica was inclined to sell,

The American price of Silver was quo- ted at 43 7/8 for Spot. The mar ket was easy.

530 s.

12.851

1/6 3/32

Bucharest ... Buenos Aires Copenhagen ..... Geneva Helsingfors

35 Belgas 813,568 Lei 47.584.. per Peso 19.159 Кгоден 20.22) Francs

*21.85

510

36 3.0.

22.40

15.78

-193.23 Marka

2264

1/8 3/3

55/-

Sholls

$1/J

140

$11

Waterhoata

#11

Lisbon Madrid Milan

110 Escudos 25.22) Pesetag

1097,

37

591

Mining

The market

$40

Balatcos..

$40

76 ate

Amtamoks ..............

54 ata. Baguio Gold

Benguet Consolidated

Do. Exploration'

30 eth. Do. Goldfield ...

Market.

Montevideo Montreal New York

50.88d. per Peso

38. 5.0.

4.887 Dollars 4.067 Dollars

30 ot..

25 ots.

Big Wedige

Gold Creek..

97

Ipo Mining..

86/8

$17

Langhats (single)S

3712 $171

Explorations

&

$6

Shanghai Loans :8,

14

Raubs

Tronoh Mines ..... Venezuels Gold Fida Docks, Wharves,

Godowns, ste,

314

ja

$21

147

49 cts.

(27 ct.)

14 oth!

+2

Oalo Paris Prague

Rio de Janeiro

18.159 Kroner 18121 Franca 164,25 -Kronen 26.90d. per Gold Milrois

77 13/32

123" !!

* કે ૪,૩,

1/4 9/16

19.391

HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 28, 1934.

MONEY AND MARKETS

(BRITISH WIRALIUS SKEVIOR.)

Sterling Parity

Amsterdam Athena Belgrade

Berlin

Bombay

19.10 Florina -375 Drachmas 70,316 Dinars 20.43 Marks Is. 6d. per Rupes

92.48 Lira

5.10

5.0%.

19.90

12.851

1/6 3/32

21.82

PRESIDENT inerS

SPECIAL SUMMER

13

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 those rates, are available on "President

Liners sailing between June 1st and July 31st.

اول

Final

1st Class Tourist Class

and return...US$492,00 Hong Kong to Honolulu and return. US$360.00 Hong Kong to San Francisco

and return... US$450.00

US$240.00

US$196.00

US$240.00

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.

***

Hong Kong to Kobe and Return Hong Kong to Yokohama and return.

First Class

HK$225.00

HK$255.00

Frequent sailinge.

For further particulars apply —

LINES

MAIL

LINE

Feb. 26. 7.67+ 530 9.

125

return limit September 30th.

'

310

381 S.0.

Hong Kong to Victoria & Seattle

22.40

15.76

226+

1/61

1091

37 9/16

591

38 S.O.

5:102

5.081

19.90

77 11/32

1221

41

1/42 19.394

284

1/2 7/32"

201

New York advices reported the

opening rate "at 5.08) and the clos- ing rate at 5.081.

72 o.was steady.

Opened with indications of east ness but subsequently steadied up slightly. Towards the close the market seemed again on the easy side.

Sterling

The market opened with sellers at 1/8 buyers bidding 1/6 5/18 resulting in a small business at 1/6 9/32 for near delivery, follow- ed by a small transactions at 1/8 5/16 for cash. Towards the close 1/8 11/32 was arranged for

cash. as well as 1/6 5/16 1189 market closed with sellers at 1/0 5/16 February-March, 1/6 - 11/32

U.S. Dollars

sh he

Business was done at 384 for

March followed by transactions at 38 13/16 March. The market closed with sellers at 383 for near, buyers at 38 13/16 cash/March.

וי

Yen

Merchants were quoted at 128 for near delivery.

Shanghai Dollars

Were quoted at 110 11/16 for cashi....

Shanghai

118

H.K.K. Wharves

811

$4.00

Providente (old) "...

2.70

80 4.88 cts.

Da (new)

$14

H.K&W. Docks

$14

$2

IA

5. China Motors 'A'

Do.

$9

**

April and 1/6] May, buyers at 1/6 11/32 February-March. 1/6 13/32 April and 1/6.7/18 May."

또한 "

$145

Shanghai Docks. S.

$246

16,80

New Engineerings8.

#351

Hongkowa

Lands, Hotels, and

Buildings

H.K. Hotolu

16.43

$71

HK Landa.................

lex div, $71)

$24

Shanghai Landa...8.

$14

Metropolitse Lands..

$6.30

3137

H.K. Realties....... China Do.......$. Do Debentures S.

16.30

$11.20 Humphreys

Now Asia Hotel

251

$140

$20

Asia Realties A′′ 8.

Do.

"B" S

$87

Chinese Estates..............

Cotton Mil

313

EWOH

$119

S'hai Cottons ...........!

$13

Zooug Binga

$13.30 11 8131

270

WingOn Textiles(S.)} $71

Public Utiliting

$91.7

Tramways

$21.85

near.

$73

$94

1211

$15.90 Peak Tests (old)

Bn. (now).

Star Ferrios

39.80 China Lights (old)... 9j

19.40

$771.

18

H.K. Electrics ... $771.

3lacio do ***1

Bandakan Lights

Telephones (old)

Do.

(new)

$13.40 China Buana .......

Tractions

De. (pref.).....

Industrials

+44

$25+ $261 $12.60

5/

16/-

3142

Malabon Sugare ....

321

Caldbeck, Tord.§.

Macgregor pref.18

Canton Ice $1,80

Cements (comb.)...]

3351

U.S. Dollars

305

Sellers

Yaunati Ferries

it

Do. (now)..

Do. Right

$241-

were indicated at 34 13/16, buyers at 34 cash.

$9.30

::

32

€ 80

310

Da (old).4 $9.55

$2.65

D2. (w) $9.55 $2.65

$1,60

$61

Ropes ....

FAT

MisasianmomE

Dairy Farmon

Der A Wings........

+++

$10

$6.10

++

$91

***

$6

310 $1.80

$4.10

Amplemente ******

$101

Ch. Etalamente.......

$2

Constructions, fald))

54 ct.

Do. (new) 50 eta

$410

Lane Crawfords..

$21

Mackintosha ....................

Nanyang Tobacco... $4

$13.30 Binceres

$7.60

Watsons

$7.80

31.60

Wm, Powells .....................

$1.10

M. Greyhounds.......

S. C. Enterprises

$2

United Theatres...8.

BI

B. Int. G. Banda... £0.

pyern

H.K. Gort. Loans..... $156||

Wallace Harper 24914

$140

H.K. Wing On...

$138

S'bai

Do

$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

Casion Agents

John H. Ferguson & Co.

39, B. C. Shameen.

Tel. 18624.

Advices received indicated sell- ers at 1/4 7/18, buyers at 1/4 for

Hongkong

Shanghai Stockholm Vienna

YokohamS ......... Silver (spot) Silver (orward) War Loan .....

ON LONDON:

1810 Kronor 34.584. Schillings

281

24.50d. per You 1/2 7/32

34%

Closing Quotations

February 27, 1934.

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

sight

Credits, four months'

aight

ON SHAKORA

On Demand

ON SINGAPORE:--

ON NEW YORK:

20 7/16

1021

Bank Bills, on demand 18. Credits, 60 days' sight, sun

ON BATAVIA :--

On demand

ON PARIS-

54

Bank Bills, on demand 180

Credits, 4 months' sight 620

Or demand

O SAIGON

110

ON MANILA:

On demand

ON JAPAN:-

On demand

1261

On demand.............. 762 ON BANGXOE:-

On demand

1238.

ON INDIA:-

SOVERSIONS. Bank Buying

Telegraphic Transfer...

Rate

1/8!

Bank, on demand ..........

हे

BAB SILVER, per oz.

303

REICHSBANK QUOTA- TIONS

SIR I DETERDING ON EUROPEAN BANKERS

"Senility. And Gold Disease"

A remarkable letter from Sir Henri Deterding, managing direct tor of the Royal Dutch Company

BERLIN BOURSE and chairman of the Shell Union

Prices Rising

All Round

[Special to the "Hong Kong Daily Press" (Copyright).]

Berlin, Feb, 26, Owing to further favourable in- dustrial reports and the publica- tion of official statistics showing the improvement in the general Industrial situation the Bharemar-

[Special to the "Hong Kong Dally Fress" (Copyright.)]

Berlin. Feb. 26, Reichsbank quotations (without

guarantee);-

New York Paris

Oil Corporation, denouncing the "senility" of European bankers. appears in to-day's New York; ... Times." The letter had been orig- inally sent to a New York banker. and it is not stated whether it was. Intended for publication.

Declaring that because of the ultra-conservatism of European bankers the financial dawn must

from the come

United States, Sir Henri goes on to say that Mr. Roosevelt's measures have been criticised in London "in a most

stupid and ridiculous way."

He states that the bankers have ket was buoyant on Monday, prices failed to understand the difference rising all round. Fixed Interest between money and gold. The Securities were not sought, prices banks have got into the hands of showing a tendency to sag. Cell men not so much old in years as old in spirit. They were suffering Money 44 to 5. Young Loan rose

from what he called" Gold dis- -3/8 to 93 3/8. Reichsbank impro-

ved 1 1/8 to 174. Dyetrusts un- ease, which is a sympton of senili-

Salzdetfurth ty." changed at 113 5/8. Fotash advanced 14 to 152. Ger- London, according to Sir Henri, man Steel Trust unchanged at is obsessed by the idea bred by $21. German Mineral Oils 2/8 financial theorists that there can higher to 111, Siemenshalske 7/8 only be one monetary standard- down to 150.-Transocean Kuo Min | gold.

ផង

[EN]

CB

|34||

|||||

HE

1

Amsterdam Paris Sterling Dollar

$8.57

602.80

50.01

77.50

15.625

Transocean Kuo Miny

Canton Silk Market

From Kwangtung' Raw Silk Test- ing Bureau Department of Re- construction Canton, China,

$450N. Cracks N. S. 14/16 HK. $355N.. Extra Extra 20/22 H.K. $335N. " Waste N.S. Open H.K. 865N.

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

40

1924

FLEŃCART

ZWARTY HOPWEZENTATIVE STOCKS

Burma, 11, 1933 vw À.0.9 C.Jeman

STEAMSHIP

DOLLAR AMERICAN

PEDDER,BUILDING-KONG KONG,

·GAYTON, BRAFOX!—İ, BACKX 2019.

NEW YORK STOCK EXCHANGE

ASIA

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

Tel. 23380-Gloucester Building, Room 300.

(REITER'S AMERICAN SERVICE),

New York: February 28.

Dow Jones Averages. High-1933/34. Low: Feb., 24.

30 Industrials

110.74

20 Railr

20 Utilities

40" Bonds

Commodity Index

50.16 104.77

Feb. 23. Change 103.19 1,65 down

56.94

25.43 49.08

47.90 1.18 down

37.73

19.33 27.57

26.47 1.10 down

92,45

73.31 91.89)

60,44

41.88 $3.90

91.45 1.44 down 63.13 #7 down

Asia Landa, 'Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. The decline was comparatively orderly and nothing developed today to indicate the completion of selling or the establishment of definite resistance.

Wheat: Prices decllaed with the weakness of securities.

Cotton: Today's prices caused discouraged holders to liquidate. Technically, the market is healthier but it requires constructive develop ments to revive confidence in cotton. The lack of any definite develop- ments in the Bankhead Measure is also slackening demand for cotton goods and is having a discouraging effect on recent buyers.

Silver: Market barely steady, with prices under gradual pressure reflecting scattered liquidation for March along with commission-house. and local selling in sympathy with the easier rates ruling in London and Shanghai.

Business Done: 2,190,000 shares,

401

#301

Ing.

Canadian Pacific

J. I Cass

40

1935

Drv. 8

LAST SALE

HIGH

Low PER. SH.

Feb., 21. Feb, 28.

$992

118

47

3.00 Air Reduction

1544

160

701

6.00 Allied Chemical & Dye

102

· 1081

40

4.00 American Can

17

159

American Radiator.......

15 454

15

551

102

American Smelting.................

Canton Quotations.

1341

8

+0.00 American Tel. & Tel.

1214

..94 February 26. Extra 0.5. 13/15 HK. ON. Small Extra ̧ QB.-- 13/15, EE

001

5.00 American Tobacco "B

751

43+

luz

1.00 American Waterworks

23 211

228

&

841

31

Anaconda Copper Mining 2.00 "Auburn

131

$2

224

B

Bendix Aviation

*20

231

374

เย

1.60 Borden Company

157

20%"

7

*76*

103

204

31

61

0.50 Caterpillar Co.

Yokohama Quotations

14

Spot

February 26.

Yen 805

Byt

14 Chase National Bank 1.00 Chrysler Motors ....

29 bid 294bid

501

64%

31..

3.40 Consolidated Gas of N.Y."

M

Bourse six months

Yen 824

5

Curtiss Wright

32

2.00 Du Pont de Nemours

902

93

46

3.00 Eastman Kodak .......................

.881

201

10

48

10

LENGE DR

15

1938

30

TOL

21

Electric. Auto-Lite Co.

%s. Electric Bond & Share

Electric Power and Light... 0:40 General Electric,... 1.60 General Foods

277

171

7

211

341.

29

41

10

1.00 General Motors

381

81

100 Gillette Bafety

11

12

1.20 Gold Dust........

101

97%

134

0.60 International Harvester

407

International Tal & Tel.

144

21

491

991

4.00 Liggett & Myers

B

85

Bb

1.00 Louw's 10.

301

304

B+

Montgomery Ward

311

act

31

2.80 National Biscuit ....

401

10%

10

1.00 National City Bank .. 1.20 National Dairy Products.

291bid 29 bid.

15

for

0,60 Otis, Elevator

104

16

1.00 Pacific Gas & Electric

Packard 'Motors

204

53

137

u.ec Pennsylvania Railway.

Radio Corpo.

Seara Roebuck.... Socony Vacuum Corpn. 1.00 Standard. Brands-

Standard Gas

351

71

462

167

212

.124

22

1.00 Standard Oil Co. of

Jersey

#473

101

1.00 Texas Corporation

201

* Trans-América (1.2..

192

1451

1,00 -Union Carbide & Carbon

8.00 Union Badiic void

United Air and Transpo United Corporation United States Steel Westinghouse

$101.

དྷཔྤབྷཱནཱཙཔྲཎཔྤཚཚོནnཨཽསྔོདྷཨོཾgབྷགཨྰཿཨྰཿགླེནཱeཨྰཿནཱ་ཐཱཡོནཱ་ཙuaབྷནྰâuཨྰཿདྷནྡྷནྡྷ་རུ་དྷ་ཀྑཀྰ་, ཙམལོ་ཙ་སྭཱའྀ་རྡོ་སྡེ་གྲྭ་

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