DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
"Association
SATURDAY.
"Bayers | Ballora
Bale Nemta
Salar
Вдуеге
MARCH 17,
الی
Banti
HONG KONG DAILY PRESS. MONDAY, MARCH 19, 1934.
MONEY AND MARKETS
H.K. STOCK
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE)
market continues quiet.
with very little business passing.
1091
$1,800
!!!!!!!!!!
£131 216
L28
H.K. Banks
***** $1,830 Do.. (London) »**
Chartered Banks... Mercantile Bks. "A"
MARKET
£15
£16!
$
£13
Do.
"0"
£13
SATURDAY'S OFFICIAL
323
Bank of East Asia...
305
N. C. & S. Barka ...
set
SUMMARY
On Amsterdam Athens
Sterling Parity
Mar. 15.
19.10 Florins 7.57
Mar, 11. 7.56
...375 Drachmas
530 S.
$20 H
Am. O. Fin. Uorp: 8.
Selgrade
Ch. Fin. Corp. Ord. 9.
По
"The
Berlin
276,818 Dinars 20.43 Marki
225
535 51
12.831
Prof. 9
Bombay
...ts. éd. per Rupee
1/6 1/18
$315
Insurances Canton Isaranoes........
SALES
Brussels
$320
Union Insurances $5671/570
Bucharest
35 Belgas 813,568 Lei
21:88
12.83 1/6.3/32 21.84
510
510
$1.10 $565
Underwriters - con
$1.05
Raubs $131
Buenos Aires
47.58d. per Peso
381 S.O.
36 S.0.
3567/670
Union Insurancen ...
3565
3570
Electrics 8742
Copenhagen
18.150 Kroner
22.40
22.40
China Firestoran
$826
Geneva
25.221 Francs
15.781
15.77.
$283
H.K. Fires......
36.90
International Ansoe. 3.
$285
199,95 Marks
226
226
1/8 7/18
1/64
Shipping
35
Douglases
$36
#12
Steamboaty
3117
Union Insurances $565
$30
Indos (pref.)
$30
$33
Da (def.)
Underwriters $1.10
UDA
110 Escudos 25.22 Pesatas 91.48 Lire 60.58d per Pesc
1091
37 7/16
37 11/32
59 15/32
69 13/32
38 5.0.
381-8.0.
$35
58/2
$40
46 cta.
$11
Shella..................
Waterhoata
Mining
70 eta. Amtamoks
Bajatcon
Baguio Gold
51/
Douglases $354
4.867 Dollars
5.094
311
Docks $144
1.667 Dollars
5.091
5.087
Hotels $5.10
Oslo
18.159 Kroner
19.90
19,90
69 cta. 69 ct”.
Hong Kong Lands $66)
Realties $6.40
48 ctm.
Hong Kong Trams $214
Rio de Janeiro
840
Benguet Consolidated
121.21 Francs.. 184.2 Kroner 26.93d. per Gold"
Milreis
77 15/32
77.13/32
1221
$40
30 st.
Do. Exploration,
25 eta.
Yaumati Ferries $243'
41 9.0. 1/4
Do. Goldfield
14 sta.12 ots.
19.159 Kronor. 34.58) Schillinge 24.58d. per Yen
19.394 28
45.0 1/4 5/18 19.391
28
1/2/3/16-
200
20 11/16
Telephones (Old) $24.90/25
Telephones (New) $12.80/12.95 Govt, Loans 9 Prem
BUYERS
Hong Kong Banks $1800
Helsingfors Hongkong Lisbon Madrid Milan Tontevideo Montreal New York
Star Ferries $38
Electrics 8741
Telehones (Old) $243
do..-
(New) $12.80
Canton Icées $2.80
Lane, Crawfords $33
Govt, Loans, 8 per cent. Prem
46 cts.
do (New) $2
27%.
$17
$4.85
SELLERS.
Bagulo Gold
ax div. $13
Wharves 81174
13/.
381
HEAL
31131
$3.30
75 cts.
$14)
$2
$140
Paris
Prague
Shanghai
Stockholm
Vienna
Yokohama *** Silver (spot)
Silver (forward)
War Loan
34% 103 7/16
Closing Quotations
March 17, 1834
ON NEW YORK ----
5.00%
1221
1/2 3/16 201.
20 5/16
Bank Billa, on demand 384 Credits, 60 days' sight.. nom
562
Bank Bills, on demand 380
Telegraphic Transfer...
Bank Bills, on demand Bank Bills, 4 months'
aight
6
18
On demand ON Finis
Credits, four months'
Bight
1/01
Credite, 4 months' sight $20
ON SHANGHAI: —
ON SAIGON:
On Demand
1101
On demand
ON SINGAPORE:—
ON MANILA-
On 'demand
631
Os demand
ON JAPANE
ON BANGECE;***
On demand
126
On demand
1938
ON INDIA-
Telegraphic Transfer... Bank, on demand
!!
BAR SILVER, per oz. 90 THE
PRESIDENT
Fastest Time Hong Kong
Speed with
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings
Pres. Coolidge ...Mar. 24, 10 azn. Prea, Tafu Apr. 10 Midnight Pros. Hoover .... Apr. 91, 8 a.m. Pres. Pierce.May. 9, 8am. Pros. Coolidge.......May 19, 8 a.m.
To
SIWALN
13
San Francisco.
Comfort.
VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailinga
Fres, Jackson...Mar. 30, Midnight Pros. Jefferson... Apr. 13, Midni Pres. Grant
-Apt. 27, Midnig Fres, McKinley. May 11, Midnight Pres. Jackson ......May 26, § am.
ROUND TRIP FARES TO EUROPE & AMERICA. Special through rates to Europe vis United States. Direct connections with all Atlanta lines. Choice of mail lines across United Stata and Canada, liberal stop-over privileges for Sight-seeing. Full particulars apon application."
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Spez Canal, Alexandris, Naples. Ganos, Marsailles,
New York and Boston. -
Pres. Harrison Prer, Hayes Pres. Johnson ....June 23,8 Pres. Monroe...July 7, 8 a.m.
Pres. Van Buren .....Mar. 81, 8 am, Pros, Garfield...............åpṛ. 14, § a.10. Pres. Polk.................... Apr. 28, 8 am. Pres, Adams....... May 19, 8 a.m.
TO MANILA
May 26, 8 sm. ...June 9,8 a.m.
Pres. Jackson Mar. 24, 6 p.m.
Next Salling...... Pres, Van Buren. Mar. 31,8 m Pree. Taft ......Apr. 9,8 p.m. Pres. Jefferson...Apr. 7, 8 pim.
Proa. Hoover ........ Apr. 12, 9.p.m. · Pres. Garfield',.. Apr. 14 8 am. Pres. Grant......... Apr. 21, 6 p.m.
Connecting with SS. MAYON TO CRBU, ILOILO. ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAIL LINE
TRUDRA BUILDING—HONG KONG.,
CANTON BRAKUH:—4, SWAKHE ROAD
***
$14
30 cb
15 pt. Big Wodge. 13 Gold Creek..
871
25/3
$17
14.96
$51
13
Ipo Mining. Itogona
Kallans
Langkats (single) Explorations..... 9.
Shanghai Loana
Raubs ........
Tronoh Mince
36 Venezuels. Gold Fids.
#117j
32 45.
180 cta.
12
18
-Docks, WharṛRE,
Godowna, eta,
H.K. & K. Wharres.)
Providents (old)'...
Do.
(new)
H.E. & W. Docks
S. China Motors "A'
Do..
**
$140 Shanghai Docks 9.
5. New Engineerings, 3351 Hongkowa: ............***
Lands, Hotels, and
Bulidings
JOOND!
$6.05
!!!
36.10
H.K. Hotela
386)
$24 $14
H.K Landa.. Shanghai Lands...8:
Metropolitan Lands.
$6.10
R.K. Realties.......
$1
Chine Do....S.
$137
Do Debentures.
$11.20 Humphreys
$19.90 Ewos
367)
$130
KIT
H
New Asia Hotel
151
$140
Arin Realties "A"B.)
*320
Do.
"B".
$87
Chinese Extates......
Cotton. Mi
$119 Bha Cottons......5.
811
Zoong Sings ......S.
$13.
270
Wing On Textiles(S.)
371
Public Utilitiej
#21ł
Tramways ****
$211
$15.00) Poak Trams (old)...
371
Do.
(new)...
$74
396
Star Ferries
398)
$242
Yaumati Ferries
$25
$9,60
Chits Lights (old)... $0.35
$9.4
Do. (OPT).
$8.20
Do. Rights
$74 $75
5713
FI.K. Electrica
$76
2742
$231
Macao do.
$242
42 24.00/ 25
$12.80 $13
32,80
8.
1810
$12.85
Sandakan Ligita...
Telephones (old) $24.63
Do. (new)
1280/12.85
$1340 China Buses....... Tractions immani
Do (pref.)..... Industrials
$148 Malabon Bugars
Caldbeck, lord.),
$13 Macgregore (pref.)8.
Canton Lees ********** Caments (comb.)...
121
Electrics $75
Telephones (New) $13
Cement (Old) $2
Dairy Farms $28
Constructions (New) 80 cts.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
REPORT.
ON LONDON:-
SOVEREIGNS, Bank Buying
Rate ......
WOOL TRADE EXPORTS
Saturday, March 17. Silver prices were substantially lower yesterday to the extent of 9/16 for both deliveries, the quo- tations being 20 1/18 for Ready Silver ad- and 201 for Forward. vices reported America and specu- latora having sold. China and The India operated both ways. tone was steady at the drop. In Bradford Chamber of Commerce,
In his presidential speech to the
America the rate was slightly at its annual meeting Mr. W. E BERLIN SHARE
higher at 45 for Spot. The tone was steady.
New York advices reported the and the opening rate at 5,087 "closing rate at 5,071.
Market
Steady but quiet.
Sterling
Suddards congratulated the top-1 making section of the wool textile industry on the establishment of a new record for the exports of their commodity..
The figure of 45.8 million ib, for 1933 was the highest recorded. being 1,000,000 lb. above the pre-
The market opened with sellersvious highest, in 1912. at 1/6 5/16, buyers bidding 1/6 resulting in business later at 1/6 11/32 for second half April and 1/8 5/16 for near delivery. The market closed with sellers at 1/6 9/22 March, 1/6 5/16 April and 1/8 11/32 second half April/May, buyers at 1/8 11/32 March/April and 1/6 13/32 May.
U.S. Dollars Business was done at 38 15/16, 39 April. Later 39 1/16 was also arranged for May delivery. The market closed with sellers at 387 for near. 38 15/16 April and 39 1/18 May. buyers probably at 1/16 higher respectively..
$16
Do.
(old)..
Do. Конте!
$6,15
Ropes
$21
$1.90 $1.90 $5.83
828
4271 897;
2101
$42 $9.00 $1.85
cash
70 cta.
น
513
$71.
$1.10
Miscellaneous
Dairy Farmamen
Der à Wings.
Amusements.....
Ch, Etainmenta...... Constructions, (old)|
Do
Lane Crawfords.......
Mackintoshan
Nanyang Tobacco... $4
Ainceres
Watsona
Wm, Powells
M. Orophounds......
S. C. Knterprises
United Theatres 8,1
84%, "B. Ind. G.a Bonds......] £2*/.
nrn. HK. Gort. Loans ... #108
313
$7{
$1.60
季
817
$8
Wallace Harper
..
***
$140
HK, Wing Ou
#136
S'hai 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- request. See our investment news on the Financial Page of The Hongkong Daily Press,
Canton Agonia
John H. Ferguson & Co.
32, B. C. Bbamsen.
Tel. 18824.
Yen
111 /16
Many
MARKET
(Special to the Hong Kong Dally Fresa" (Copyright.)]
Berlin. March 17. Schacht's speech on Friday night countries which had established a about the critical situation arising wool textile industry for them from Germany's foreign indebtedness not yet set up wool-caused the investing public to hesi- selves had combing plants, and although tate about placing new orders, this there was no definite information' reinforcing the customary Saturday general opinion in the trade returns on this point quietness. The he understood that tops were being prevailed that foreign ereditora exported to new markets, China would respond to Schacht's appeal could not especially in view of the strong among them. If export yarns and tissues in the recommendation in this direction old quantities, it was some con-appearing in the "London Econo solation that we could still export mist" during the week. Moreover, tops, and he thought one section the fact that the "new conferetico of the industry at least must have with creditors is convened for April had not only a busy but a pro-strengthened the conviction that perous year.
there is no cause for undue uneasi
years.
we
In worsted yarns the Agures ness. Hence the sharemarket except were less encouraging, but yarn the Reichshank remained remarka- Merchants were quoted at 1283 exports had always been highly bly firm,"several standard shares
variable. for near delivery.
The exports of woollen rising substantially Fixed Interest" Shanghal Dollars
and worsted tissues were 15 per securities were again weaker parti- Were quoted at 9/16 for cent. higher than the 1832 total cularly gold mortgage bonds are and nearly 10 per cent. higher comunal loans: Call Money 4 1/8 Shanghal
than that of 1931, but went a very end 4 378. Young toan weakened Sellers were indicated at 1/4 Uttle way indeed towards recover 1/8 to 53 7/8. Reichsbank slumped for near, buyers probably at 1/4 ing the ground lost in the last five 5 to 154 Dyetrasts jumped 2 3/8 7/16 for cash.
Another point was that It to 1442. Salzdetfurth Potash not U.S. Dollars
appeared that right up to the end quoted. German Steel Trusts rose Bellers at 341 for near, buyers of the year the average value a to 45 5/8 German Mineral Oils advanced 1 to 116. Siemenshalske at 34 13/16 cash.
square yard of shipments tissues was slightly lower than in dropped 14 to 145 Rhenische Braunkohl jumped 5 to 208 as late as December; Throughout the week the general 1932, even this seemed to indicate that the tendency of the sharemarket was rise in values had not yet been unmistakably upwards, partly due. passed on to any great extent, and to the final reports of the Leipzig that the struggle to establish the Fair which showed that the sales higher rates was still to come. achieved were evenly distributed of the benefit of cheap contracts secondly the announcement of the There must have been a sacrifice over all branches of production. and a good deal of trading on Minister for Economics about the unprofitable margins to produce scheme of reorganisation on the those results.
THE SHARE MARKET
Week's Business Re viewed by G.A. Harriman
EH
of
1.
economie life of the nation. But the ppward tendency suffered two checks one, through the publication of the The market was exceptionally dull and uninteresting throughout closed slightly ärmer, China Lights foreign trade figures showing a heavy deact for February, this the week under review, manyi (old) remained more or less -un-
prompting Schacht's. waming on stocks suffering a slight decline, changed, buyers prevailing as $0.35. Friday night, while two the Reichs- the volume of business transacted Cements were still weak with being a very poor one. Hongkong sellers at $1.90. Providents (old) bank return on Saturday showed Banks, however, were very firm receded to a selling rate of $2.30, that the currency cover for last enquiries at. $1,800 and while Hongkong Realties were week declined by 45 million marks, Untons had sales again at $5671. wanted at $6.40. Philippine min Nevertheless, share prices Fended In the Investment section, Hong- ing shares were much easier, lightly higher than a week ago, kong Lands cased off few points Antamoks having been down to electrics and metallurgicals except pd, while Fixed interest securities hands 69 cents. shares changing
with
with
at $87/68. Hongkong Trams: were Bagulo Gold were on offer "at were weaker all round-Transocean easier with sales effected at 47 cents and Big Wedge at 15, uo Min. $23/211. Star Ferries continued cents. At the close the tone or in demand at $96. Hongkong the market is very quiet, but 18 Electries came to business at is anticpated that there might be #741/75.00 (ex "dividend). Tele more activity next week due to phones (old) were done at $25, liquidation of Settlement accounts, and Taumati Ferries at 25/254 Business-during the week has Dairy Farms were' on offer at the been done at the 'following prices: teduced rate of $27150, 72
Hongkong Bánk $1,700. Canton Insurances, 3315. Union Insurances." $5571 Antamoks. 69 Cents / 74 cents Bagulo Gold,45 "ot/47et.
Among the minor issues, Hotels, again suffered a slight set-back, having been put through at $8.05 In the middle of the week, but
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD.,' QUOTATIONS
(INCORPORATED IN HONG KONG).
Tel. 23380-Gloucester Building, Room 300:
(BHUTER'S AMERICAN SERVICE)
New York: March 17. Dow Jones Averages
20 Rail
30 Industrials
-20 Utilitier
40 Bonda
Commodity Index
High-1833/34, Low: Mar, 18, Mar, 16,
110.74
Change
50.16 109.72
101.85 1.07 dowti
55.94
25.43 48.77
48.40
.37 down
37.73
19.33 96.57
26.33
24 down
93.57
73.21 83.88
.80.44
41.88 54.12
93.10 51.08
02 up
.04 down
Acia Landa, Limited, has received the following report from their Nay York correspondenta, E. A. Fierce & Co. The market was essentially up- changed but evidently a good many traders are sceptical about the imme- diate qutlook and are awaiting more definite news in the labour disputes.
Wheat: The aggregate trade was not large.
Cotton: Values declined in sympathy with stocks. Trading houses were absorbing contracts, with renewed trade interest in near delivery at the close.
Silver: The market is marking time awaiting the outcome of the Houze vote on Monday on the two Silver Bills.
Business Done: 730,000 share
LAST SALE
1932,
Dry, $
HLIGH
Low PEE, SH,
Mar., 16. Mar, 17.
$971
$87+
11
1-471
3.00 Air Beduction
150
701
5.00 Allied Chemical & Dre.
150
1481
100
977
100%
401
4.00 American Cao
op
17
108
American Radiator.........
14
144.
65
101
American Smelting......
497
437
1344
80
9.00 American Tel. & Tel.
119
1184
941
50%.
3.00 American Tobacco B
.10
694
431
1.00 American Waterworks
204
204
Anaconda Copper Mining
147
148
9.00 Auburn
54
531
19
.. 184
227 37%
237
23
171
184
201
100
al
40%
408
n
Bendix Aviation 1.60 Borden Company
Canadian Pacific J. I. Case
0.50 Caterpillar Co.
734 704
294
201
157 1,42 Chase National Bank
27jbid 27 bid
But
T
1.00 Chrysler Motors.
$21.
3.40 Consolidated Gas of N.Y.
307
1
Curtiss Wright' ..........he
1031
23
2.00 Du l'ont de Nemours
95%
48.
2.00 Eastinan Kodak
93
201
10
Electria Auto-Lite Co...
281 281
10
6% & Electric Bond & Share
171
171
43
31
Electric Power and Light...
78
·74
150
0,40 General Electric
221
211
201
21
1.60 General Foode!!!ers,
331
33+
.39€
1.00 General Mötòra”.
373
38
418
1. Gillette Safety.cimens,
104
10巷
1.20 Gold Dust".
"197
978
134
0.00 International Harvester
42
193 414
48
401
400 Liggett of Myers" B
84
1.00 Loew's Itc.
10
International Tel. & Tel.
Montgomery Ward
2.80 National Biscuit...... 1.00 National pity" Bank
1.20 National Dairy Products
9.00 Otis Elevator.
to Praific G& Electric
Packard Motors
0.6C Pennsylvania Railway
Radio Corpn.
Bears Roebuck Scooby-Vacuums Corpm.
1.00 Standard Brands
Standard Gse
100 Standard Oil Co. of New
Jersey
1.00 Texas Corporation
Trate-America, dodamo
1.00 Union Carbide & Carbon
Kowloon Wharves. $116/117): Hongkong" Hotels $6.05/8.15 Hongkong Lands, 587/68, Hongkong Tramis. Sz1/21.50" Taumat Ferries $25.- 251 Star Ferries 395-1 HongKong Electrics. $774/781 China Lights" (Did), $1,40 Telephones Tőd); Telephones(new), $12.90 Canton Icés
101
198
60 Union Pacific
United Air and Transport.....
United Corporation
United States Steel
Westinghouse
144 ∙14
68 871
324 +311
421 4212
291bid 20 bid 18 *152 -167
-101
344
:72
381
Page 15Page 16