DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sharebrokers'
Association
Buyken Hallowee
وليه
Nominal
THURSDAY,
MARCH 29,
Bayars Bollars
Balas
Mosina
$1,890
£15
$93.80
HONG KONG DAILY PRESS FRIDAY, MARCH 30, 1934.
MONEY AND
H.K. STOCK
EXCHANGE
WEEKLY REPORT
MARKETS
LONDON EXCHANGE RATES
OTk Amsterdam Athens
Owing to the Easter Holidays. Selgrado this Weekly Summary is necessary | Berlia ly being issued a day earlier so Bombay that with the Settlement interven- Brussels ing, the working days of the past | Bucharest week were barely three days.
Buenos Aires During this time, sterling stocks Copenhagen have shown an upward tendency. Genera Banks changing hands up to $1,835, || Kalsingfors and Unions up to $575. On the Hongkong other hand, the market has dis-
Lisbon played an easier tendency in spots.. |' Madrid ' Trams. Electrics. Telephones, Milen
China Lights all Montevideo
Wharves and closing lower on the week. The Montreal mining section has been more or. New York
(British Wirmeni SERVICE)
Mar. 27. 7.58
Mar. 18. 7.581
533 S... 245
535
225
Sterling Parity .......... 19.10 Florins 375 Drachmae 276,318 Dinars" **90.42 Marks Is 6d. par Ruper ....35 Belgas ....... 613,568 Lei 47.56d. per Peso 18.109 Kroner 25.99) Franca
12.85
1/8 3/32 21.88 510 361 9.0.
12.87
1/8 3/32 21.90
510
361 5.0. 22.394
15.81
1936
1/6
22.391
15.791
193.23 Marks,
226
1/6
110 Escudos 25.92) Pesatse
1091
37 7/16
31 7/16
59 7/18
50 11/32
38 8. O:
9246 Lire
30.88d. per Pesa,
r.
381 8.0. 5.10 5.091 19.90
100 7/8
5.104
5.10 3/8
-19.90
27 19/32 123
!!!!!!!⠀ ⠀
£139
218
225
£13
393
Banks
H.R. Banks
Do. (London) Chartered Banka Mercantile Bks. "A
Do.
Bank of East Axis....
"C"
¡N, O. & S. Banka
$0.65
$20
Am. O. Fin, Corp: 8.
Ch. Fin. Corp. Ord. 8.
36
Do.
Prof. 8
!!!!
H
$6.70
Insurances
:
9314
Canton InsuraNDON ...
31.10
Underwriters
$330 $1.95
3570
5781/6
Union Insurance $679
$375
3025
China Fires carene;
3826
3267
H.K. Fires............................
$6.20
International Asson, 3.
ex div. 3874
135)
!!!!
$121
shipping
Douglas....
Steamboats **********
338
$30
Indos (pref.)
133
Do. (def.)
51/10
Shells.
! ! ! !
$11
$30
$35
31/-
$11
Waterhouts
8/1
less dormant, excepting Raubs, which have improved to $14.20
Oslo
4.867 Dollars 4.867 Dollar 18.158 Kroner
Paris
Mining
buyers.
79 cts.
Amtamoks.......
¡69 ctm.
78 ata
$36
40 oth
41 ote
25 stm
Balatcos
Baguio Gold........
$36 Benguet Consolidated
Do. Exploration,
44 pts.147 ate
Prague............. Closing tone may be said to be Rio de Janeiro a holiday tone."
194.1 Frants 164.25 Kronen ...... 26.93d. per Gold Milreis
.77 17/32
1221
41 8.0.
$37
Shanghai
1/41
21-ctu
Stockholm
20 st
Do. Goldfield
Vienas
12 ots.
Big Wedge
18 pts.)
Yokohama .....
.......... 18.139. Kronor 34.583 Schillings ... 24.586. per Ten
19.39'
19.39
28
23
1/2 3/16
1/2 3/16
131
Bold Crock.
Bilvez (spot)
20
19 7/8
#5
Ipo Mining.
$7
Llogons
Lands, $67.
Silver (forward). War Loan
20 1/16
... 24
3% 1038
19 5/16 104
24/3
Kallans
***
97%
$18
Langkals (single) B.
3181
14.95
Explorations.......
34.FO
dj
Shanghai Loans 3.
$14,10
Rauba.....
Tronoh Mines
36 Yenezuela Gold Fids.
Docks," WharVOS,
Godowns, sto.
H.K. & K. Wharves.
Provident: (oki)
Do.
H.K. & W. Dooks
13.80
18"
181
#115
#111
| 32 32
7210
75 eta.j
(new).
170 ab-
3141
32
38
S. China Motore A'
Do.
$2
11
$140
$139
#5.20.
Closing Quotations
ON 'NEW YORK :----
+ 1/8 3. Q.. 1/4 1/8
Bank Bills, on demand 7? Credits, 60 days' sight.. non
ON BATAVIA:—
On demand
..........
Bank Bills, on demand 57:5-
Credits, 4 months' sight 6194...
March 28, 1934
Telegraphie Transfer... Bank Bills, on demand Bank Bills, 4 months'
sight
7/01
On Pants:
Credits, four months'
sight
ON SHANGHAI :---
Ox S1008:-
1164
On demand
673
OK SINGAPORE:-
ON MANILA D-
æÌ
On demand
742
ON BANGKOK!—
12%
On demand
12 Z
SOVEREIGNS, Bank Buying
Rate
1/8t
197
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco.
Speed with Comfort.
To SAN FRANCISCO 18 Days.
via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings Pree. Taft..Apr. 10, Midnight "Pres. Hoover ............Apr. 21,8 km. Pres. Pierce...May, 9, 8 a.m. Pres. Coolidge......May 18,8 m. Pres. Wilson.......June 6, § a.m.
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe,
Yokohama.
Fortnightly sailings Pres, Jackson.....Mar. 30, Midnigh Pres. Jefferson.Apr. 13, Midnight Pree. Grant.............Apr. 27, Midnigh Pres. McKinley May 11, Midnig Pres. Jackion"......May 20, 8 sm.
ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe via United State Diesok Choice of rail lines morous connections with wil Atlantro lines. United States and Canada, liberal atop-over privileges for Sight-seeing. Full particulars upon.application.
Fortnightly vin Suez to Europe & America |
Fortnightly sailings on Saturdays via Manila, Straita, Colombo, Bombay, Suez Canal Alexandria, Naples, Genos, Mareilles, New York and Boston,
Pros. Van Buren ...Mar. 31, 8 am. Pros. Garfield. snemma pr. 14, 8 a.m. Pres. Polk ..................Apr. 28, 8 km, Pro, Adams ...................May 19, 8 n.0.
Fres. Harrison ...........May 26, Fam Pres, Hayes
...June 9, 8 s.m,
Pres. Johnson ......Jane 28, 8.am- Preg Monroe..........Jqly 7,8 am
TO MANILA
"Next Salling...... Pres. Van Buren Mar. 31, 8 a.m. Prea. Taft...........Apr. 3, 6 p.m. Fres. Jefferson....Apr. 2 p.m. Pres. Hoover. Apr. 12, 9'p.m.
Pres. Garbald... Apr.. 14, 8 am, Pres. Graat..., Apr. 21.6 p.m. Free Polk................... Apr. 28, § KD,
Connecting with 88. MATON To CEBU, ILOILO,, ZAMBOANGA
DOLLAR
STEAMSHIP
AMERICAN
LINES
MAIL LINE
TODIE JUSTBLQIONG LỒNG
CANTON BRANDE÷14, BAKER 2049.
The
$351
Shanghai Docks S.;
New Engineerings 9.
Hongkowa.
Landa, Hotels, and
Buildings
H.K Lande........8.
ין
$1.30 Asia Realties "A'S.
Chinese Estates......
Ewos
38.10
3606
H.K. Hotela
$8.90
$8
$67
$24
Shangbai Lands...8.
$14
Metropolitan Lands..
R
H.K. Realties.... |
$15
China Du.....
$137
Da Debenturess.
$11.20 Humphreys
311
5
New Asia Hotel
151
Do,
"B" S.
387
Cotton Mill
$13.30
51240
$110
Shar Cottons(old)S.
TO
Du.
(new S.
343
8134
Zoong Sings
8134
*#76-
Wing On Textiles(9.)
.3781
Public Utilitiog
$90.85 Tramwaja
$21
$15,90 Pook Trăina (old)........
815ł
$71
Do. (new)...
574
$96
Star Ferrios
SU7
$243
Taumati Ferrice...
$251
39 20
Chine Lights (old)...
$4.85
19
Do.
(new)...
$8.70
Do. Rights
$73
H.K. Electrica
$73
1231
Macao do.
18
$13.70 Telephones (old)
$32.80 Do. (new)
::
Sandakan Lights .....!
$13.40 China Buses ............
Tractions wa Do. (pref.)......
Industrials
$181
$14 Malabon Bugars
Caldbeck, Hond), Macgregora pref.)8
Canton Ices Cemente
Da
(DAW)...
Bopes........
Miscellansons
Dairy Farmaan
(old)...
12
!!!!!
i⠀
$15
$1.80
Business Done During The
Week
Hong Kong Banks, $1,835,.$1,840. $1,830, $1,825, $1,830/1.835.
Union Insurances, $572, $575.
Hotels, $6.05.
Tramways, $21.
Electrics. $74.
Telephones (Old), $24,50, $24).
$244. $24.
Telephones (New),"$12), $12.80.
Amusements, $3.
Raubs, $14.35, $144.
Antamoks, 68 cts. 70 cts., 72 cts.
Ragulo Gold, 4) cts.
Itogons, $1.
Ewo Cottens, Sh.$12.40, Sh.$12.30. Shanghai Cottons, Sh.376.46.
Changes (3.15 p.m.) Closing Quotations
Ruyers:
Hong Kong, Banks, $1,825. Raubs, $14.20.
Sellers:
China Lights (Old), $8.90."
China Lights (New), $8.70. Sales:-
Hong Kong Banks, $1.830/1,835. Shanghai Cottons, Sh.$76.46.
THE EXCHANGE
MARKET
ON LONDON:-
On Demand
On demand
ON JAPAN :--
On demand
ON INDIA:-
1:
Telegraphic Transfer...
Baak, on demandi
H.K. SHAREBROKERS'
Banks:
$1,835.
ASSOCIATION
Buyers, $1,830: Sales,
Nat. Com. Banks: Buyers, $6,65.
BAR SILVER, per
CHINA'S FOREIGN
OBLIGATIONS
Unions: Buyers, $5724; Sales, Statement Made By
$575.
»
MESSRS. ROZA BROS. REPORT
Hotels: Sellers, $6.
Lands: Sellers, $86),
Realtys: Buyers, '$6.15.
Ewos: Buyers; $12.15: Sellers, $12.35
Docks: Buyers, $142.
Trams: Sellers, $20.90.
Ministry Of Railways
The following statement has been issued by the Ministry of Railways
J
Telephones (Old): Buyers, $23.35; regarding China's railway obliga-
tions: Sellers. $23.60..
Constructions
Silver prices moved down yes- terday for both deliveries, the Ready rate being. 197 and the For- ward rate 19 15/16. The drop was attributed to sales for account of America and China but some speculative support was "given to
Business, the market...
however, 70 cents." was small At closing time the tone appeared stead" with Ameri- can inclination to buy. Inciden- cent. tally this does not coincide with the tone as wired from New York which at 45.35 was considered easy. Sterling opened in New York at 5.104 and closed at 5.11]. The tone, was uncertain.
MarketTM
(New): Buyers,
Nanyangs: Buyers, $43. Gold Bonds: Buyers, $84 per
JAPAN'S FAR EASTERN
TRADE
A
The tone was fairly steady, ap- Japan's far eastern trade for favourable parently not only all the end of February showed 1.80. the month business on the part of balance Y7,510,000, with 133,937,000 oversold speculators were com- cxports and Y28,427,000 imports a pleted yesterday, but there were total of 760,364,000. Compared some Chinese speculative sales in with the corresponding period of the market. this morning for April last year, exports indicate an in- delivery.
crease of Y1,874,000, while imports répresent a decrease of Y591,000,
121
$19 12.80
01.90
$1.50
35,85
$6,15
$971
$27
Į
Der A Wings..
Amusementa.....
H
$91
Ch. Etainment...........
19.10
$1.75
70 a
(new) 70 sta.
Lane Crawfords................
$390
$21
J
Nanyang Tobacco... $4.85
313
Pincores *****
$13
J71
371
$1.10
$1.60
Construations, (old) $1,70
Do.
Mackintosha.....
WatsOBE ***
Win, Powells
$2 M. Greyhounds...
84%.
prema. $31.
8140
B. C. Enterprises
United Theatros....
B. Ind. G. Bonde... (3),
H.K. Govt. Loans ... $108)
Wallace Harper......
H.K. Wing Cin
S'bai Do,
W
$135
$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
John H. Ferguson & Co.
82, B. C. Shameen.
Tel. 18624
--
Sterling
Exports
corresponding
At opening time 1/5 was on offer The excess of exports over im- with buyers bidding 1/6 1/16 for ports since the beginning of the near delivéries. Subsequently 1/6 year is now ¥7,759,000' as against 1/32 was offered but business was y836,000 for the done ot 1/8 1/18 for April and period of last year. also at 1/8 3/18 for May. The
Details are as follows:- transactions were small. The mar- ket was maintained throughout the morning at 1/6 1/32 sellers was March/April, 1/6 1/16 buyers for these months. There sellers for May at 1/6 3/32.
U.B. Dollars Were offered at the opening ́at 385/16, buyers bidding 38 -7/16. Business was reported at 38) and
were
It his been reported recently from London that Sir John Simon, Min- ister of Foreign Affairs, had stated in the House of Commons that the arrears of interest due to British holders of Chinese railway bonds amounted to more than £5,000,000, The Minister apparently was not and laboured correctly informed under a misapprehension of the true facts in making this state- ment.
As at the end of December, 1933.. the arrears of interest due to British railway bondholders amo unted to £2.212.098, and arrears in principal payments to £3,556,610. Debts for British materials suppli- ed to the Chinese railways, amount- ed to about £1,048,000, and there are. Interest ciaims on these "debts approximately amounting £666.000.
to
NEW YORK STOCK EXCHANGE LANDS, LTD., QUOTATIONS
ASIA
(INCORPORATED IN HONG KONG),
Tel. 8380 Gloucester. Building, Room 300.
{(REUTER'S AMERICAN SERVICE)
Dow Jones Averages High-1933/34. Low: Mar, 27. Mar., 28.
New York: March 28,
30 Industriais
110.74
50.16, 98.76..... 99.02
Chang 116 mp
20; Rails
56.94
20 Utilities
37.72
25.43 48.62 19.33 25.74
46.90
40 ..Bonds
93.87
60,44
95.79 05 up 82.61 53.01
18. Up
15 down 11 down
Commodity Index
73.21 82.60 41.98 53.12
Asia Landa, Limited, has received the following report from their New York correspondents, E. A. Pierce & Co. We can see no change in the market. No one seems to be willing to take a position either way and everyone appears to be waiting developments.
Wheat: There has been less pressure. Cash bouses are buying for May and selling for July and September. There have been dust storms in the Kansas and Dakota sections of the wheat Belt.
Cotton: Higher cables from abroad were ignored by the Trade, which disapproves of certain amendments to the Baekhead Bill. Towards the close there was some buying on Bombay account.
Silver: The up-turn in price mat with increased commission-hous selling and some liquidation, but offerings were well absorbed. Bome traders were inclined to hold off pending farther developments regarding silver legislation. The regular dividend has been paid for Americas Waterworks.
Business Done: 840,000 shares.
1932. DIV. 3 Вся Low PIE. SH.
#3
401
3100 Air Reduction
1.60 Borden Company
Canadian Pacific
J. I Caso
0.50 Caterpillar Co.
112
47%
100
701
1081 17
401
6.00 Allied Chemical & Dye 4.00 American Can
14
LAST BALK Mar., 17. Mar, 282
8.24
1474 147
14
961971
16
554
101
American Radiator........ mikro "American Smelting...
414
412
1341
· 941-
- ໂມ
921
6
841
991
9.00 American Tel. & Tel. 5.00 American Tobacco "B 1.00 American Waterworks
"Anaconda Copper Mining 2.00 Auburn
Bendix Aviation
1174
17米粒
67)
20
201
141
141
51
51
181
18
221
22
37%
18
181
The City Editor of the London "Times" is reported to have stated recently that the amount in de- fault, for interest and amortization
loans on all foreign
and for railway and other material suppli- ed to China a far" ip excess of £100,000,000,
20%
631
681
103
aut
281
318
15%
1.43 Chand National Bank
253
L+
out. 041
74
1.00. Chrysler Motors
al
3.40 Consolidated Gas of NY.
381
1
109
at
B5t
1.93
46
271
Whereas the above figure is sub- ject to verification, the Railway obligations to foreign creditors up to the end of 1933 are shown ap- proximately as follows:-
981
10
161
10
43
籍
15#
201
101
302
ร
38.
Funded debts
10
arrear
$453,000,000
201
10 101-
33,037 60,142
Short-term loans in
arrear
27
40號
.$187,000,000
13
Imports
Materials supplied in
..arrear Total principal and Interest)
13
Interest)
$100,000,000
$729,000,000 $729,000,000 £43,600.000
998
30311
30S
27bid
38
151
201 25 317
164
13/
13
191
37
224
491
Fem. Jan. & Feb. (Y1,000 unit) 4,979 8,993 Manchukuo Kwantung province 19,292 33,484 China
7.829 13,738 Northern edarjaan 3,049 6,030 Central
3,929 7,555 5193 2,037 3,927
Southern
38 7/16 for cash and also 38 9/16 Hong Kong
for May. At the lunch. hour 381,
was on offer for April and 38 9/16 for the last day of April buyers bidding 388.
.+
Yem 126) was quoted to Merchants. "Shanghai Dollars.
* 111ł.
*
Shanghai Steady market, Opening rates were 1/41 sellers, 1/4 3/16 buyers, rising later to 1/4 3/18 sellers, 1/4 buyers and Gold 34 5/16 sellers, 343 buyers but later there were sellers at 344 and buyers at 34 9/18.
IN THE AFTERNOON! The tone in the afternoon "firm- ed up further to a slight extent.
Sterling
In Sterling 1/8 1/18 was on offer for April and 1/6 3/32 for May, the latter rate was believed to have been done as also 1/6 3/16 for delivery 3 months ahead.
U.S. Dollars
Manchukuo 15,12729,470 3,122 Kwantung province 1,817 China 9,562 19,629
* Northern 40
4,006 7,595 --Central ...
4,940 10,527 Southern, edit 8061,403 Hong Kong
131 276
26 427 62,383"
closed with sellers at 1/6 April, possibly 1/8 3/32 for second half of April and 1/8 May..
or approximately..
While it may be admitted, that China is not in a position to meet all these obligations immediately, it has been stated clearly by Mr. Wang Ching-wel quite recently that there is NO Intention on the part of China to evade pay- The 1/16-ment of such labiles.
the Ministry of Railways certainly has for shown no disposition to pursue a Holley of evasion. On the con- trary during the last two years the found ways and Ministry has means to reduce the existing in debtedness, and it will continue te efforts to gradually quidate the arrears in such a way as la practical under existing circum-
Dollars sellers at 361 for April and 381 for May. Buyers rates for both Sterling and Dollars were nominally a fraction higher but In U.S. Dollars business, was done the coming holidays rather prevent at 38 9/16 for the second, half of ed fresh commitments, On the April and 38 for delivery on the other hand, there was also no sell last day of April, The market ing pressure.
stances,
€ €28831-5 ÷ ~5~*~722787.ETE STESSO ESCOLES TANSSITE
Curtiss Wright....
2.00 Da Pont de Nemours
3.00 Eastman Kodak
Electric Auto-Lite Co. .....
-0% Electric Bond & Share
Electric Power and Light... 0.40 General Electric 1.60 General Foods
T:00 General Motors
1. Gillette Szfsty
1.90 Gold Dust........
0.60 International Harvester
International Tel., & Tel.
--
4.00 Liggett & Myers"
1.00 Locw's Inc.
87 Montgomery Ward
2.80 National Biscuit
1.00 National City Bank
1.20 National Dairy Products
0,60 Otis Elevator ........ 140 Pacife Gas & Electric
Packard Motors
1160 Pennsylvania Railway
Radio Corpn.
Sdara Roebuck 1.
-Bocony-Vaonum Corpn.
1.00 Standard Brands
Standard Gas
... 1.00 Standard Of Co. of
Jersey 1.00, Texas Corporation
Tran-America...
1.00 Union Carbida k
Union Pacifo United Air and Tra United Corporation United States Steel -Westinghouse E. 2 M.
i
401
ཏཏྟ་ར་ཡིརློན། ཙན་འཙུག་ཏུང་དང་