HONG KONG DAILY PRESS.

MONDAY, MARCH 12, 1934.

Sharebrokers'

MONEY AND MARKETS

DAILY SHARE QUOTATIONS

Hong Kong Stock

Bayern Belle

Exchange

Association

10

$1,700

Banks

H.K. Banks

Do (London) Chartered Banks....

Mercantile Bks. "A"

Do. Pref. 8

The outstanding feature of the Belgrade... market this morning was. the Berlin strength of Banks, Star Ferries and Wharves, all of which were in keen demand." The last named was reported done at $117, but at any rate bids of $116 met with Copenhagen.

no response from sellers.

The rest of the market was dull and featureless, "and rates were inclined to sag, Hong Kong Lands, offering at $69. being the weak-

est spot.

Hong Kong Banks $1790 Union Insurances $667

Срцета..... Helsingfors Hongkang Lisbon Madrid..... Milan

(BRITISH WIRELESS" SERVICE.)

..... 813,568 Lei 47.58d. per Peso

Nomamal

SATURDAY, MARCH 10.

Bayra

Selleze

Balm sunta

$1,790

$1,799

H.K, STOCK MARKET

LONDON EXCHANGE RATES

$140 £10

100

#15

100

· ចង់

***

£13

Do. HO

SATURDAY'S OFFICIAL.

£13

503

Bank of East Asia.

306

REPORT

N. 0, & 8. Barks

41

$20

Am. O. Fin: Corp:

On Amsterdam Athena

H

Ch. Fin. Corp. Ord. 8.

P

$5

Iazurances

$320

Canton Insurancas...

$320

$1.10

Underwriters

耶...

$5674

****** $1.95 Union Insurances ...

+4

$596

China Fires ..................

144

15:35

$285

H.K. Fires...

$985

¡International Assos, 8.

$6.90

Shipping

$35

**

Douglases TTISTININ

536

#12ł

Steamboats encreude]

$11

$30

Indos (pret.)

24

$31

Do. (def.)

56/3

Shella

Waterhosts

Mining

Amtamoks

Balatoos

54 ota.

30 ata,

Do.

Exploration.

30 sta

Do. Goldfeld

16 ote.

Big Wedge ..................

131

Gold Creek...................

$5

Ipo Mining......

Itogons.....

21/0

Kallans

$171

Langkats (single)

$17

Exploration...............

!

"16"

Shanghai Loans 8.

$5.95

14.10. Raube********

313,80

Tronoh, Mince

18/

Venernels Gold

Fida

*

####

76 ata.

$11

$40

$40

Baguio Gold in 44 ctv.

Benguet Consolidated

Docks, WharTOR,"

Godowns, ets.

H.K. & K. Wharves. $1143|

Providents (old)

H.K. & W. Docks...

8. China Motors' A

Do

Do.

(new).

t

Sterling Parity

19.10 Florins

Mar. 8. 7.55

..... 375 Drachmae ....................... 276,818 -Dinarı 90.43-Marka

530 8.

Mar. U *7.541 620 6.

225

12.81

12.79

Bombay Brussels Bucharest Buenos Aires

1. ed. per Rupee

35 Belga

1/6 3/32

21.821

1/8-3/32 31.79

510

510

36) S.O.

361 8.0.

16.159 Kroner

32.40.

22.40

$0.99 France

15.73

15.72

193.23 Marks

2261

2264

1/81

1/61

110 Escudos

1097

1097

£5,22) Pesatas

37 5/16

37 9/32

.................. r@2:46 Lira

59 3/16

59 3/16

Montevideo .........: Montreal

50.86d. por Pesa

381 8.0.

4.867 Dolları

5.09+

384 9.0. 5.084

New York

1.967 Dollars

5.077

5.971

75 cts.

Oslo

18.150 Kroner

19.90

19.90

Antamoks 74 cts.

77 7/32

77 5/32

Wharves $115

$41

China Lights (Old) 89.80.

Rio de Janeiro......

20 sta

Electrics 978+

164.25 Kronen 20.93d. per Gold Milreis

1221,"

1221

# 8.0.

448.0.

Dairy Farms 828-

1/41

1/41..

19.39+

28

28

1/2 3/16

1/23/16

20 7/18

20 9/16

26%

31% 1031

$2.40 | 22.35

80.ctc.

INGER!

$144

રા

8116

$115

$2.45

80 cts.

$2

$8

$145

Shanghai Docks 8.

$5.30

New Engineeringes,

$351

Lands, Hotels, and

$3.45

H.K. Hotels.

38.20

$70

H.K Lands.........8.

$70

$24

Shanghai Landa...8.

$14

Metropolitan Lands..

$6.30

H.K. Realties.........! $61

$161

Hongkewe Dr

Buildings

Chias Do.......8.

3137 Da. Debenturca3.

$11.20 Humphreys angina

New Asia Hotel

Asia Realties "A"S. Do. "8" 8.

$21.75 Tramways

SALES

BUYERS

Hong Kong Banks $1790

Underwriters 81.10,

Douglases 9354

Wharves 8118

-Parin

Prague

Shanghai Stockholm Vienna .....

Yokohama .....

Silve: (spot)

Silver (forward)

War Loan

Docks '$14

Ewo Cottons Sh.$12.90

Realties 86.30.

Star Ferries $96

Electrics $78

Telephones(New) $124

Canton Ices 82.60

Govt. Loans 7% Prem.

SELLERS

Electrics 878)

Dairy Farms 8281

Constructions (New) 80.cts.

ON LONDON:-

... 124.91 Franca

18.130 Kronor 34.58 Schillings 24.500. per Tan

19.391

Closing Quotations

March 1, 1934.

ION NEW YORK:-

Bank Bills, on demand 384 Creditä, 60 days' sight. numi

ON BATAVIA

Credits, 4 months' right 6994

Telegraphic Transfer..... } Bank Bills, on demand 1.6 Baak Bills, 4 months'

sight

On demand

57

1/01

ON PARIS:-

Credita, four montha'

Bank Billa, on demand 5821

sight

1/7

ON SHANGHAI:—

M

ON SAIGON:-

:

Ou Demand

110

On demand

ON SINGAPORE ;---

ON MANILA:-

On demand

618

On demand

ON BANGICX:—

On demand

THE EXCHANGE ON JAPAN

MARKET

MESSRS. ROZA BROS.

REPORT

Friday, Mar. 10. Silver prices dropped 3/16. yes- terday for bath deliveries, the quo- tations being 20 for Ready and 20 ton Forward. The drop was due to absence of support. China $21.85 sold. Speculators bought at the

1151 371

$140

$20

$87

Chinese Estates.

Cotton" Mill

$12.90

$119

Shai Cottons......S.

+

$13

Zoong Singa

$13+ #119 $131

$73

Wing On Textilea(S.) 374

Public Utilitieg

$16.30 Poak Trams (old)....

$71

Do

(new)...)

$98

Star Ferries....... $951

125

Yaumati Ferries .....) $254

$9.00

Chias Lights (old)... 39.35

$8.40

10.40

JA

Do.

(new)...

39.16

***

"Do.

Rights

378

$78

$781

E.K. Electrica......

$781

1001

18

395

(new)

Do.

Macao do,

Sandakan Lights ........

Telophones fold)

$13.40 China Buses......8.

6/Tractiona

Do. (pref). Industriais

Malabon Sagara ...

$2.40

Bopes

312.80

31A

10)-

$143

$21

Calibook, Yord.) 8.

$19

Macgregors f(pref.)8.

$2,60

Canton Ices.* $23

Coments (comb...

Da (old)...

$2.10

$2.40

Do. (new)...

$2.10

464

alacallangovan

$28:

$25

Dairy Farms................

$6,20

1971

$1

Der A Wings.............

$41

Amusementa

$101

Ch. Etainment..y

**

Constructions, (alds)

80 sta

Do.

(Gay)

$1.00 180 eta

£4

Lane Crawfords...... 14

$21

Mackintoshs

Nanyang Tobacco... $4.40

$13

#71

Watsons

$1.00

$7.40 $1.10.

12

M. Greyhounds

$11

O. Batorprisen...

12

United Theatre........5.

84%

B. Ind G. Bonds... £0%,

717

prem.

HK, (Fort Loans”....... $117

88

#140

8'bai

HE WIRE

Wallace Harper......

$135 $130

$11.20 Sinceros

Wm. Fowells

ติ

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 newan

the Financial Page of

The Hongkong Daily Press,

5: Canton Agosto

John H. Ferguson & Co.

13, B. C. Bhameen,

Tel. 18824

decline. The tone was steady. In America the rate was unchanged at 40 for Spot. The market was steady but dull.

New York advices reported the opening rate at 5.07 and the clos- ing rate at 5.08. The market was

narrow.

Market

Qulet, the tone was steady.

Sterling

A small business was reported at 1/6 15/32 for June delivery. Later a small transaction was arranged at 1/6 7/18 for near delivery. The market closed with sellers at 1/8 13/32 March. 1/6 7/16 April and 1/6 16/32 May, buyers at 1/8 7/18 for near, 1/6 15/32 April and prob- ably 1/0) May.

יד

Ú.S. Dollars

A small business was done at 39 3/18 fon April delivery. The mar- ket closed with sellers at 30 March and 39 April, buyers at 39 1/16 for pear and 39 3/16 April.

Yen

Merchants were quoted at 128 for near delivery,,,

Shanghai Dollars Were quoted at 111 7/16 for casti.

Shanghal

Quiet. Business was reported at 1/4 9/16 for April delivery,

U.8. Dollars,

Opened with sellers at: 34 15/16 April but susbequently the market steadied up to 35% April business done but towards the close the market cased off to buyers at 35 1/18 April, sellers at 35.

SILVER AT £20 AN OUNCE

The outstanding item in a sale

On demand .............. 19į ON INDIA:-

SOVERFIONA, Bank Buying

Rata .....

Talographic Transfor...

100 Bank, on demand ...... ́)

1 BAR SILVER, per or

BERLIN SHARE MARKET

special to the “Hong Kong Daily

Press (Copyright.)]

that hibition and... Fair.

both continue

report-

13

PRESIDENT Liners

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

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

Fortnightly, sailings Pros. Cleveland ...Mar. 13, Midnight Pres. Coolidge ...Mar. 24, 10 s.m. Fres. Tafo... Apr. 10, Midnight Pres. Hoover. Apr. 91, 8 .. Pres, Piero May. 9,3 mm.

To VICTORIA, SEÁTTLE 17 Days' via Shanghai, Kobe,” :

Yokohama

Fortnightly sailinga Pres. McKinley ...Mar. 16, Midnight, Pres. Jackson...Mar. 30, Midnight Free. Jefferson... Apr. 13, Midnight Pres. Grant...Apr. 97, Midnight Pres. McKinley May 11, Midnight

ROUND TRIP FARES TO EUROPE & AMERICA,

Direct Special through rates to Enrops via. Inited States. connections with all Atlanto lines: Choics of rail lines Baross United States and Ganada, Liberal stop-ovar privileges for Sight-seeing. Full partionlars upon application.

Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Ganes, Marseilles, New York and Boston.

Fres. Monroe...... Mar. 17, 8 a.m. "Pres. Van Buren Mar. 81, 8 a.. Pres. Garfield Apr. 14, 8.3. Pres. Polk.....................Apr. 28, 6 ■..

Free. Adamé....................... May 18, 8 a.m. Pres. Harrison.......May 28, 8 a.m.. Prsa, Hayes ...June 9,8 a.m. Pres. Johnson June 28, 8 am

1

TO MANILA Next Salling...

........ Pres. Coolidge Mar. 15, 9

p.m. Pres. Monroe... Mar. 17,8 a.m. Pres. Jefferson...Apr. 7,6 p.m. Pres. Jackson ......Mar. 94, 6 pm. Pros, Hoover. Apr. 12, 9 p.m. Pres. Van Buren... Mar, 31, 8 &m.. Pres. Garfeld... Apr. 14, 8 km. Free.Taft...........Apr. $, 6pm,

Connecting with 9.8., MATON To OKBU, ILOILO, ZAMBOANGA

STEAMSHIP

DOLLAR

AMERICAN

76

NEW

ASLA

1/61

201

BUSINESS QUIET

Harriman's Report For Last Year

The market during the week Berlin, March 2, Both the share market and the under review again ruled very quiet with trading on a small fixed interest security markets were

scale. Prices in many instances exceedingly buoyant in certain classes

gave way slightly although Hong of investments and ad- vancing substantially. This optl-

Kang Electrics and Wharves were mistic outlook is due to the fact marked up with business done in the former at $78/78) and the tht automobile ..

latter at $115, Hong Kong Trama. the Leipzig

Hittle with shares cased off a ing business on a scale much be offering at $21.75. Hong Kong yond expectations. Call Money Lands dropped one point during 4 1/8 and 4.3/8. Young Loan the week and could be obtained higher to 94. Reichsbank lower at $70. Star Ferries continued in Dyetrusts rose 1 to demand at $95. Telephones were to 1662.

Among 167 1/8. German Steel Trusts im more or less unchanged. proved 7/8 to 451 German Min- the minor issues, Hotels" suffered eral Olisi higher to 109). Siemen a set-back and were done, down shalake dropped 1 to 144. Daimler to $8.25. China Lights, (old) were Benz firmer. to 57 3/8, Bayerisa shade easter closing in demand the Motorwerke rose 1 to 144 at $9.40. Cements weakened a Transocean Kuo Mín. 2.

great deal with shares offering at $2.35. Hong Kong Realties re mained in demand at $8.30, while Ropes were "on Waffer at $6.40. Sterling counters showed no change. Hong Kong Banks having been put through at $1790 ex. dividend and Unions at $5671. The tone of the market at the close le very quiet.

-

REICHSBANK QUOTA-

TIONS

(Special to the Hong Kour Dally

Fress" {Copyright.)] \\-

Berlin, March 2, Reichsmark quotations (without guarantee):— New York Paris

Amsterdam

Paris Sterling“. Dollar

LINES

MAIL LINE

TEDDER BUILDING-HONG KONG...

CANTON EXÀNOK!—4, MAKER ROAD.

YORK STOCK EXCHANGE

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

Tel. 28080-Gloucester Building, Room 308.

'(EBUTER'S' AMERICAN SERVICE)

New York: March 10.

Dow Jones Averages. High-1933/34. Low: Mar. 9.

30 Industrials

20 Rails

20 Utilities

40 Bonds

Commodity Index

19.33 96.18

Mar. 10. Change

109.77

33. up

110.74

H 50.18 102.44

56.94

25.43 48.12

48.19 unchanged

37.73

26.91

.03 up

-92.48

50.44

73.21...02.48 $1,88 54.00

92.59. 13. up 661414.mp

Asia Landa, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. There was nothing of importance today, except for the strength of silver stocks due to continued belief that Congress will enact measures designed to raise the price of silver. The House Coinage Committee has reported favourably on two silver bills; one provides for the exchange of American agricultural. exports for silver, while the other is a silver purchase measure providing for Government purchase of a maximum of 1,400,000,000 ounces of the metal at market price. The purchases would be made at the rate of 26,000,000 ounces monthly for six months and 10,000,000 ounces monthly after that until the 1920 price level had been restored.

Wheat: The market was dull and featureless until the last hour, when prices advanced on short covering and the announcement of a forthcoming silver bill:

Cotton: The market was a small affair and the Trade is awaiting the action on the Bankhead Measure.

7

:

Silver: The announcement of a silver policy rallied the market. sharply near the close. After the close the newa-ticker carried an item to the effect that Speaker Rainey expects the Bill to pass the House. Business Done: 670,000 shares.

10日 102 601 1343. 944

401

American Radiator.....

___3935

Drv.

LAST SALK

HIGH

Low: Pr. SH

Mar., 9. Mar, 10.

112

471 3.00 Air "Reduction

$971

$97

160.

703 8:00 Allied Chemical &«Dye

149

150%

108! 17

19

4.00 American Can

991

100

14

144

AB

American Smalting...

43

461

9.00 American. Tal & Tel. 6.00 American Tobacco **B

1211

120

70

891

1.00 American Waterworks........

201

201

99

D

Anaconda Copper Mining

151

15+

84

21

2.00 Auburn

55

55

Bendix Aviation

19.

191

1.8

37%

LBO Borden Company

234

23+

7

·Canadian Pacifio

174

17%

Hong Kong Banks $1,790.00

103

But

3. I Caseme

72

731

Bank of E/Aslas $93.00.

51...

0.50 Caterpillar Co.

30

.". 30

Unions $5674

1.43 Chase National Bank L

:27§bid · 28 bið

Hong Kong Fires $284/85

69

7t

1.00 Chrysler Motors,

531

631

79.6

Underwriters $1.30

31+

3.40: Consolidated Gas of N.X.

381

6023

Antamoks 72/74 cents

it

2

Curtiss Wright

41

4.

58.95

Raubs $14.10

102#

2.00 Du Pont de Nemours

962

971

77.21

China Lights (old) 39.60/9,70

48.

3.00 Eastman Kodak

16.2.

Wharves $115.00

181

10

Electric Auto-Lite Co.

29

Kuo Min

China Providents' (old) $2.45/2.50 Ewos 8$13,000

10

#%, Electric Bond & Sharė ...........

17

48

3+

Electric Power and Light...

15

Hong Kong Lands $70) " Hong Kong Trams $21.75780 | Star Ferries $95/961

104

0.40 General Electric

21

21

1.60 General Foods

324

331

1.00 General Motors...

*371

374

41

Hong Kong Electrics $774/78 Telephones (old) $25.00

dividend)

1. Gillette Safety ONE STRANE

1.20 Gold Dust.......

194

∙194

(ex

0.80 International Harvester.

Internations?" Tel. & Tel:

40

1494/4.00 Liggett & Myers “' B"

81.00 Loews 10

83

31314

Montgomery Ward

321 32

31

3.80 National Biscuit:

NAUZ

383

161

1.00 Nation (City Bank !

10 1.20 National Dairy Products 10j 2.0.80, Otis Elevator Spe

291bid 29451

151

16

168-170 Pacífio, Gas & Elect

$191

191

Packard Motors

60

Pennsylvania Railway

51

51

341

34

Radio Corpp.

-$

Sears, Roebuck w

401

101

211

Berlin, March 9.: Reichsbank returns dated March 7, showed a decline in the turn- 9.7 per cent on February 28. over of "0.4" per cent az, against

Gold stock dropped. 20:6 milllon Reichsmarks to 312.9 millions, For eign Exchange Reserves 3 millions to 44 millona. Note circulation fel 158.5 to 3388.0) <

Daily Farms $28.00 Hotels. $6.25/30 Constructions (new) 82 cents

call paid

of old silver at Christie's yester advanced against-investment de- Canton Silk Market

day was a James I silver-git rose-water ewer and dish. the property of Lord Mount Temple. which from.. an opeaning bld. of £500 was finally secured by Mr. Permain for £2,450,

The amount of credit lasted as ineasured by bills and cheques ?” clined 75.3' to 32740 million Reich- smarks Transocean. Kuo Min.

total of £5.3141184 2d, included

a George L' small plain sweetmeat

£435 45. 64(Goldsmiths and Originally in the collection of Silversmiths Company), al que hasta the third Viscount Palmerston, this Other Itema contributing to à ewer and dish bearing the hall mark for 1816 and maker's mark, a trefoil slipped, weighed 121oz. dish, Dublin, 1718, 302 8dwt., 100s. 3dwt, so that the price paid works an oz, 17. (Gilbert); Queen out approximately at £20 an Anne plain pear-shaped teapot,

1713, 120s. Bdwts, 300s, an oz., £183 || There was keen bidding, too, for 15s. (Lamb, and Castle), and p a. Charles II plain two-handled James I. silver-gilt wine cup, 1604, porringer and cover, 1674, 41oz. 16oz. 15dwt, 400s an oz., £136 #dwt., which at 210s, an oz, made (Mallett),

sunce.

From Kwangtung Raw Silk Test- ing Burest Department of Re- construction Canton, China.

Canton Quotations.

- March 9: Extra 0.813/15 HK. $530N. Small Extra 0.8. 18/16 HK-

Crack N.S. 14/18 ELK. $340.N. Extra Extra, 20/22. HK. $330N, Waste N.S. Open, H.K. 865N

Yokohama Quotations | Maguire March 10,

Bourse six months Yen 598

Spot

378

ales Standard: Gas 24

201

Socony Vacuum Corpu

1.00 Standard Brands

100 Standard Oil Co. of..

Jersey

pets

1.00 Texas Corporation

Oleta Trding America“ 1.00 Union Carbide 6224goy Union Patiño

United Air and Trans United Corporati Daited States

121

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