DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayer Ballare
Sharebrokers' Association
THURSDAY!
Bellary
馬子
Mentinal
Bayra
MAROH 29.
$1,390
***
£138
£16
1228
Banka
H.K, Banks
Do. (London)
Chartered Banka
Mercantile Bks. "A"
£13
Do.
Bank of East Asia.......
N. C. & S. Barks ... #8,63
20
Am. O. Fin.Corp: 9.
**
Ch. Fin. Corp. Ord. S.
+
$1.10 $570
CME
55:5
IH
$267
1315
Do Pret. 8
Insurances
Canton lenrandas ....
Underwriters
Union InsuranONE...
China Fires
H.K. Fires.........
3672
$575
$330 $1.95
5520
div. $274
$8.20
International Assos, S.
Shipping
14
$35)
DougInso
138
BIZI
Steambouts
30
Indos (pref.)
$30
$33
Do. (def.)
$35
51/10
Shells......
51/-
$11
Waterboats
Mining
40 ML.
: !
$1,825
810
我
£13
$99.80
$6.70
; 1
$7/- 118) 34.80
201
501
$2,10 70 ot.
32
$2
$139 151
$0.15
$11 -781
HONG KONG DAILY PRESS. TUESDAY, APRIL 3, 1934.
MONEY AND MARKETS
CHINA AND GOLD
STANDARDTM
N.E.C. Considers
"J
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVIÖR.)
Measure
11
Belgrade Berlin.... Bombay Brussels ......
13
Sterling Parity
Amsterdam Athens
12.10 Florine 376 Drachanse 276,816 Dinars
Mar 29. 7.581
535
Mar. 31. 7.59) 535 8.
225
90.43 Marki
12.87
18. ød. per Rupes
1/8 3/32
Belgne 813;588 Lei
21.90
510
47.58d. per Peso
19.150 Kronst
388.O. 22.391
26.99 Franca
15.81
13 87
183. Marks
228}
2264
1/6
1/61
12.89
18 3/32 21.98
-512)
361 5.0. 22.39)
PRESIDENT Liners
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. Final return limit September 30th.
1st ClassTourist Class
110 Escudos
110
37 19/32
Hong Kong to Vietoria & Seattle
171.3.0. 5.112
and return... US$432.00 Hong Kong to Honolulu and return. US$360.00
US$240.00 US$196.00
5,10 3/8. 19.90
5.12 V
Hong Kong to San Francisco-
19.00
Calo
Paris....
77 19,33 123
77 27/32
and return... US$450.00
US$240.00
123 5/16
•
."
4 1/8 S. 0.
4 5.0"
1/4 1/8
1/41
19.39
13.39
28
38
1/2 3/18
1/2 3/18
19 7/8
1la
First Class HK$225.00 HK$255.00
The official seal of the National | Bucharest .... Government was axed, to the Buenos Aired London Eight-Power Silver Agree-Copenhagen 'ment. which has been duly Geneva approved by the Legislative Yuan Helsingfors with a reservation,
Hongkong Measures designed to pave the Lisbon way for the ultimate adoption of Madrid the gold standard were recommend- | Milan ed in a proposal submitted by Mr. Montevideo
the plenary Montreal Peng Haveh-pei to meeting of the National Economic New York Council in Nanking. Among those who attended were Mr. Wang Ching-
wel, chairman, Messrs, T. V. Soong. Prague...... R. H. Kung, Chen Kung-po, KRio de Janeiro Meng-yu, Chu Chia-hua, Yu Ya-
Ching, C. S. Lieu, Wang Hsiao-lat, Shanghai and Singion Hsu. The proposal was referred to the Monetary Commit- tee of the Ministry of Finance for
consideration.
Stockholm Vienna Yokohama ....... Silver (spot) Silver (forward) War Loan
ON LONDON —
The main feature of the proposal is that the Central Bank of China should be authorized to issue gold bank-notes which may be used as legal tender in ordinary commer- cial transactions. The face value of the proposed gold notes is, to be one-fourth of the Customs 'Gold Unit. Any private individual may articles present gold bullion or made of gold to the bank 'In ex- notes, for change for the gold which no fees are to be charged. The bank is to hold against such gold notes a 40 per cent, specie re- serve, which may consist of gold ON articles or gold bullion When the appropiate time comes, all the in-Os "come and expenditure of the Gov- ernment are to be expressed in terms of the new gold unit. The way will thus be paved for the ul timate adoption of the gold stan- dard-
25,221 Pesetas 92.46 Lire
50 88d per Pero
"4.867 Dollar 4.887, Dollar 19.159 Kroner
194.21 Francs . -184.95 Kronen 26.93d. per Gold Milreis
14.189 Kronor 34.58 Schillings 24.58d. per Yen
109 7/8
37 7/16
59 11/32-
38 S, O. 5.10
18 5716
74% 104
Closing Quotations
Ox NEW YORK :-"
593
Bink Bille, on demand 377 Credits, 60 days' sight.. nom
'Or Batavia :----
On demand..
March 29, 1934
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months*
B1
567
sight
1/57
ON PARIS:-
Credits, four months'
Bank Bille, on demand 5724
sight SHANGHAI:-
1/02
Credits, 4 months' fight 8124
ON BAIGON':-
1101
On demand
671
ON MANILA?
631
On demand.
743
ÜN BANGKOK :-
12%
On demand
Sovmarovs, Bank Buying
Rate
16)
BAR SILVER, per oz.
1/91
On Demand SINGAPORE:- On demand ON JAPAN:~~
On demand
ON INDIA:
Telegraphic Transfer......
Bank, on demand.
Shanghai Stock Exchange
Fares on 5.5. $
and President Hoover "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
Frequent sailings."
For further particulare apply —
DOLLAR AMERICAN
STEAMSHIP LINES MAIL LINE
FELDER KUILDING-KONG LONG. CANTON BRANCH;—4, KWAKEI 2013,
Balatcos
41 cte.
***
79 ota Amtamoks .........................
$35
Baguio Gold...44 c.47 stu
68 ct.
79 ata
$39
Benguet Consolidated
$37
26 at.
Do. Exploration
21 cts.
***
20 ala
Da Goldfold...
19 obs.
Big Wedga
16 cts.
www
Gold Creek.
SA.
Ipo
Mining...............
ST
Itogom
24/3 $18
Langkats (single)
14.55
314.10
***
Explorations.......
80 Shanghai Loans 9.
Raabs... Tronoh Mides
Jej Venezuela Gold Fida.
Dooks, Wharves,
$118
10
78 cts.
12
$9
$140
$6.90
3351
Godowns, eta,
H.K. & K. Wharros
Provident (old) ...
Do (new) ... H.K. & W. Docks 6. Chins Motors' A
Do.
Shanghai Docks S.
New Engineerings. Hongkows. Fa Lands, Hetals, and
Buildings
$13.80
3114
$141
36.05
H.K. Hotels
$5.90
H.K. Lands......8.
$6 $681
$24
Shanghai Lands...8.
***
$11
Metropolitan Lands..
$8
H.E. Healties.........
$140
$20.
$87
SIN China Do
$137
Do. Debentures?
$11.30 Humphreys Sea
New Asia Hotel...
Aria Realties "A'S Do. "B" B. Chinesa Estates......
Cotton
$12.30
Evos...............
$12.40
1119
Sha: Cottonsföld).
Do (new)S.
$19
Zoong Sings S.
$75
Wing On Textilen(S.);
Public Utilities
$20,85 Tramways ...******
$21
$15.90 Pask Trunt (old).....
STE
Da.
(new)...
388
Star Ferrics
$241
Yaunati Ferries
$163 374 $97 320)
$8.20
China Lights (old)....
|$9.85
59
Do. (new)
$8.70
Do. Rights
***
$734 H.K: Electries.......
#231
12
Macao- da
Sandakan Lights ...
$23.70 Telephones (old)
$1280 Do..
(DOW)
$13.40 Obina Bassa ......B., 5/ Tractions ANOKHAVEN
$16. Do. (pref.)......
$141 $21
Industriala Malabon Sugars Caldback, Yord.).
$194 Macgregore {{praf.)8,
Canton Icar
312
学
770 342
Trading during the February settlement, was a little more active. There was a considerable, increase "in the turnover of shares, this be- ing due to the activity in the rub $761
ber section of the market. Rates moved irregularly and as seen by the averages given below, the net result was:--
$15
140
$1.80 $1.80 35.85
$97+
$135
$130
March 27
In the general, market the month's trading was very unir teresting. Shanghai Lands have advanced to 27.25 and very few shares are obtainable at this rate. Cathay Lands closed easier, with Buyers offering 13.80; only a small business has been done in these shares during the month. Inter- national Investment Trust and Yangtze Finance have been ne- glected, the settlement closing with buyers offering 1175 for the former, and 10.10" for the latter, which was the previous month's closing rates.
month, but became more active towards the close, when dealings were done in old and new shares, the foriner, at 78.50, and the latter at 44.25, but eased off to 43.50 at the close.
The debenture market witnessed
two big issues during the month. 8x millions of 54 per cent central Property Debentures were offered February 27
to the public at par, and were well Gen. Stocks 69.65 68.44 Minus 1.21 Gov. Bonds 92.50 95.67 Plus 3.17
oversubscribed, subscriptions total- The most active section of the
ling eight and a half millions. market was rubber, stimulated by
Business since the allotment has the steady advance in the price
been done in these debentures at 100.25 A further issue "by the of the raw material markets of
Shanghal Power Co. of ten million New York, London and Bingapore,
In the utility market. Trams 5 per cent. debentures was also on reports that an early, announ-
"B" have been irregular; the net made, and these, since the allot- cement re restriction was expected result of the month's trading ment, have been traded in at par. The local market showed an ap-
shows a gain of 25 cents. Buses For the moment the debenture preclable advance all round, es-
remain practically unchanged, Į market appears to have absorbed pecially the better class shares, many of which are difficult to obttle interest being shown in these the bulk of the surplus funds
tain, and although the raw rub- ber markets had a sharp reaction in the third week of the month, the local share market remained very steady, and towards the close was distinctly firm, on an expected recovery in the raw rub- ber market in New Work as" a result of the threatened autom- oblie strike being settled.
The following are the buying rates as the close, for a few of the better class stocks:-Anglo Dutch $3.40, Anglo Jara $5.50, Consoli- dated 82.20, Dominion 81.95, Java, Consolidated 81,24, Kota Bahroe 80.96, Rubber Trust $1.20, Shang- hat 'Pahang 81.05. Padang 80.85, Sungel, Duri 811,00 (Ex. Div), and Tanah Merah 81.33:
28.10|
ww
25:00
[13.94)
[22.05]
shares.
Morning
Official
Shanghai Wharges are available, and in concequence unchanged at 351, but Shanghát rates are not likely to show any Docks have declined $5, to 139. appreciable advance for the time Explorations remained very steady being. during the period under review, and were the medium of a consi- derable volume of business; to-
1,000 Ewo Mils, (Ord) wards the close, the market be-800 Kelantan came firmer, with buyers unsatis- fed and offering 4.85. It is re- ported that production for the first ten days was 16,000 tons, with sales of a similar quantity,
In the cotton market, Ewos have been very dull and uninteresting, closing with buyers offering 12.40 CES DIV.) which shows a decline of 50 cents on the month's trading. 'Shanghai Cottons were a dull market during the first half of the
500 Langkat
Total for the day
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).
Tel 98330 Gloucester Building, Room 306.
(ZKUTIK'3- AMERICAN HERVIOR.)
New York: March 31, Dow Jones Averages,
30 Industriala 20. Rak
20 Utilities 40 Bonds
50.16 100.31
High-1833/34. Low: Mar, 18. Mar, 31. Change"
110.74
101.80 1.64 up
66.94
90.43 47.31
47.82
.61. up.
37.73
19.33 20.19 -
20.02
17 down
93.57
80.44
-73.21 - 92.63 -
41.98 53.63
93.69 :00 up nos indued
Commodity Index Asia Zazda, Limited, has received the following report from their New York correspondents, É. A. Pierce & Co. We think that the market, is beginning to act quite impressively and might run into a fair rally if we could have any definite piece of constractive neway to t
Wheat: Operations started today under the provisions of the Fation al Code, but leading commission houses claimed that they could see bo difference as far as speculative operations were concerned. A sharp rally followed a decline in sympathy with stocks.
Business Done: 810,000 shares.
10
Day,
Low: PEL SE..
Canadian Pacifc
J. I Caso
0.50 Caterpillar Co.
21.00 Chrysler Motorz
1939
LAST SALE
HIGH -112
· Mar. 99. Mar, 31.
474.
2.00 Air Reduction
$941
$951
160
70
6.00 Allied Chemical & Dye
150
152
.1001
494
4.00 American Can ...........
98
994
17
-15
American Radiator.....
141
15
B51
10%
American Smelting..........................
.433
45
12.50
1342
88
9.00 American Tel. & Tel.....
119
1197
0.21
941
501
5.00 American Tobacco "
621
7 884
1000 Exploration
Apl
4.90
431.
10
1.00 American Waterworks
21
201
500 Langkat
Apl
19.00 22%
Anaconds Copper Mining
144
154
18.75
843
2.00, Auburn
52
53
200 Langka
19.00
197
Bendix Aviation .............
183
192
Unoficial
37
1.60 Burden Company
221
22$
2,000 China Bond & Share 13.75 47.00 8 Tram (Rega) £1 5,000 China Realty 8% Des. 102.00
500 Langkat
20%
161
Mut
103
30
704
72k
29
30%
1.40 Chase National Bank.
264
20%
18:50
521
53
8,308
al
3.40 Consolidated Gas of N.Y.....
39
1+
Curtis Wright
4*
2.00 Du Pont de Nemours ...
944
93
46
3.00 Eastman Kodak umumiyini
Electrio Auto-Lite Co. ..................
4% Electric Bond & Share
48
Flectric Power and Light..
0.40 General Electric
211
100 Greaser Födda
medi
33
1.00 General Motors” memujan
37L
Ko
Gillette Safety
108
1.20 Gold Dust.
10%
0.00 International Harvesta
402
International Tel. & Tel.
4.00 Liggett & Myern
1.00 Loew's lue mi
201
Montgomery Ward
2.501 National Fisedit"
1.00 National City Bank, uge
27 bla
1. National Dairy Pidac
0.00 Otia Elevator
15
170 | Pacific Gal & Electric
19
19.
5
A¡0:FC Average of Shanghai Stocks
$2.90
18
$1.90
Cementa
$1.90
$8.15
#971
$1
$3
Do.
Bopes
Miscellaneous
Dairy Farro
Amaserante.*******
(old)... (now)...)
Der A Wings.........
$91
Ch. Etainments......
19.10
$1.75
Constructions, (old) 31.70
70 otw
Do
(new) 70 ots.)
$34
Lane Crawfords...
$3.00
$21
Mackintoshsuche]
Nanyang Tobacco.
$4.65
313
Sinceres....ura
172
Watsons
113 171
$1.80
Wm, Fowells
31.10
M. Greyhounds'..............
$1
8. O. Enterprises
United Theatres...&
64% B. Ind., G. Bonds... £3,
pren. 8.K. Gork Loans... $8
Wallace Harper...............
1140 B. Vùng da
Bhai Do.
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 Dally Press:
Conton Agonis
John H. Ferguson & Co.
39. B. U. Shameen.
Təl. 18624.
頭
Packard Motor
1.60 Pennsylvania Railway
Radio Corpu
Sears Roebuck
Bocony-Vacuum
- 101 Btandard"
Standard Gain
1.00 Stäüdard Oil Co, Tof No
1,00 Terja Corporation
Trane-Andérick
1.00 Unlói CaMLS
8:00 Union Pacifie
United Ait and: Transport,
“United: Obt pöration
United States Bleel Westinghours E. & K.
161
121