DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange.
Buyere,
35 ctr
$03
MLİKA
sen n.
Sharebrokers'
THURSDAY:
$1,857
£130
JUNE 7.
Banks
H.E. Banks
Po. (London)...
£28
Do
Do. Pref. 8
Insurances
Association
Bayers
HONG KONG DAILY PRESS, FRIDAY, JUNE 8, 1934.
MONEY AND MARKETS
W
H. K. STOCK
$1,880
2101
Chartered Banka
Marcantile
Bks. "A"
**
£15
215
Bank of East Asia.
$92
N. C. & S. Barks
$90
Am. O. Fin. Corp
Ch. Fin. Corp. Ord, S.
36
$300
Canton Insurance........
$1}
Underwriters ******
$30 $1.30
$570
$610
Union Insurancis ....... China Firasive
$375
3960. $6
H.K. FiresSTAT
3510 3245
International Asson, S.
Shipping
4401 Donglase.....
$40
$9.
Steamboats ***
30
330
Indos (pret.)
$50-
$3.3
Do. (def.)
$35
481 Shell
50%
$11.10 Waterhoata....
Mining
***
|69 ctm.|67′ ota. |
++
Balatco
64 ota Amtamoka
Baguio Gold 34 eta.
Benguet Consolidated
$33
$39)
90 st.
20 at.
20 ota.
זרי
Wher
$32
20 cts
13 ct.
EXCHANGE
J
"LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE, 3
June J.
12.10 Florins 7.491
On
Sterling Parity
375 Drachmae, 530
YESTERDAY'S OFFICIAL · Amsterdam
QUOTATIONS
For no apparant reason Lands dropped this morning to a buying rate of $581, but improved this afternoon to $582 buyers. Tele- phones after being out of favour for the past few days, were to day done at $25. at which they closed steady. Wharves were de- cidedly a strong feature of the market, but shares are difficult to come by. There were also some
Trams enquiries for
and China Lights, whilst the undertone the market generally was steady. SALES
Union Insurances, $575. ́ ́ Benguet Explorations, 20 cts. Hongkong Lands $59:
Hongkong Trams, $21:30. China Lights. (old), 58.85.
China Lights (new), 88.
Macao Electrics. $25.
Telephones cold), $25.
Government Loans, 9% Prem,"
BUYERS
Union Insurances, $572),
Baguio Cold, 35 cts.
Benguet Explorations, 20 cts.
Wharves, $106.
Hongkong Lands, $581.
Realtles, $5.15.
Hongkong Trams. $21.20./
China Lights (old), $8.
Athena...
Belgrade Berlin...
Bombay Brussels
Bucharest Buenos Aires Copenhagen Geneva Helsingfors Hongkong Lisbon Madrid Milan".
276,318 Dinars
... 90.40 Marks
1. d. per Rupee
12.981 1/6 1/32
21.72 5071 364 9.0. 22.391
36 Bolgas .....813,668 Lei 47,38d. per Peso 18.158 Kroner 26.22 Franci
15.61
193,23 Marks
2262
1/3
............ 110 Escudos 110
June 7.444 528 S. 223
13.01
1/8 1/32
11.59
5071
36 S. O.
20.391
15.534
2263
1/5 3/16
110
92.40 Lire
of
Montevideo Montreal
50.88d. per Peso
... 25.24 Pesetas 37 5/39
501 381 9.0.
36 15/16
58 5/16-
38 S. O.
4.867 Dollars
5,05
5.021
New York
*4.967 Dollars
5.082
5.401
Oslo
18.150 Kroner
19.90
19.90
Paris
194.91 France 77 1/32
78 15/32
Prague
· Rio de Janeiro"....
164.25 Kronen "122 28.d. per Gold
1213
Milreis
44 8.0. 1/34
48. O.
1/3
18.150 Kronor
19.40
19.40
34.55) Schillings 94.58d. per Yen
271 1/51
37)
1/2 t
194
P1%
19 9/28 1023
Shanghai Stockholm Vienua
Yokohama.... Silver (spot) Silver (forward)
War Loan
ON LONDON:-
Closing Quotations
O NEW YORK:--
Bank Bills, on demand 343 Credita, 60 days' sight, 17′′ ON BATAYA
Do. Exploration
Do. Goldfield
12 ota.
Big Wedge ........................n
U ate
Gold River.
13i
Gold Creek...
$4
Ipo Mining.
Itogons ....
18/.
Kailans
271-
$18
Langkata (single)
$184
1480
Exploration..... 8.
143
Shanghai Loans
.
$154
Raubs
37
Yonezue Gold Fida.
$6.80
Docks, Wharves,
Godowns, ste.
June 7, 1934.
$106
H.K. & K. Wharton $106
$1.85
Providents (old)...
$1.85
• 175 cts.
Do. (new) ...
156 cta.
SIA
H.K. & W. Docks
-716
Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months'
$2
8. China Motors' A'
35
sight
1/54
38
Do.
$2
$133
Shanghai Decks: S.
Credits, four months'
$133
$5,90
New EngineeringsS.
sight
1,53
*
Prem.
ON SHANGHAI --
#350
Hongkawa .......
O,
Lands, Hotais, and
On Demand
116)
#5.96
$5.95
Bank of East Asia, 893. Hongkong Lands, $59.
ON SINGAPORE →→→→
ON MANILA:—
On demand
On demand
$681
$60
1607
925
China Lights (new). $8.30. Electrics. $73.
ON JAPAN-
ON BANGKOK!!**
On demand
ON INDIA:-
$14
-38.16
35.40
Telegraphic. Transfer...
$10,8%
Wrn. Powells; 80 cts.
$45
=
H
Buildings
H.K. Hotels...] H.K. Tands.......... Shanghai Lands...8. Metropolitan Lands. H.K.Realties........
$10 China Do S.
Do DebenturesS.
$11.99 Humphreys
New Asia Hotel
Asia Ronition "A" S.
De.
Chinese Estates..-.--
Cotton Ma
Ewos 111.30)
Shai Cottonsfold)S.
"B" 8.
China Lights (new) $8.15, Macao Electrics, $25.
Cements, $2.65.
Government Loans (4%). 81%%
SELLERS
Telephones (old). $25.
· Telephones (new); $12.60.
HK. Ropes, $4.80.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
REPORT
+2
A further advance of and
Bank, on demand
On demand................................ 55) ON PARIS:-..
Bank Billa, on demand 5494 Credits, 4 months' sight 1694 ON SAIGON:-
On demand...............
On demand
714
............... 130% SOVEREIGNS, Bank Buying
Rate
368
· BAE SILVER, per oz,
THE RUBBER
Interests Of The
Singapore, May 31. Legislation to bring Johore in
3/16 In Silver prices was record- line with the rest of Malaya in re-
$140
120
$80
111
$72
349
Do
(D)S.
813
Zooug SingsS.
$131
Wing On TextilofB.)
$55
Publile Utiliting
$91.20
$21.30
Tramways
$21) [$21.40)
$15
Poak Teams (old)...)
$15
$72
Do (now)...
37
ed in London yesterday, the Spot
$101
Star Ferries*****
$100
3220
Yaumati Ferries...
$211
18
$8.85
China Lights (old)... $8.7
$8,30
18
Do. (pom)...
of the Continent
$8.60
ward price 197. Sales for account were absorbed
Do. Rights
H.K. Electrics...
873
$26
$24.90 $12.0
Fast
Macao do.
Sandakan Lights... Talephones told) ...
(new)
$13.20 China Buses ................ S..
Tractiona.......
5.
Industrials
$12.60
18/1
Da. (pref.).............
$12
Malabon Bugars
321
Caldbeck, Yord.) 2.
Cementa.
Do.
(old)...
181 $2.80
(dow)...!
b
|$26.20 $26.40)
$2.85
$4.00
319 Macgregors praf.)8.
32,70
Canton Icesnom
Ropas...
Miscellaneous
#364 Dairy Farma.......
871
Der A Wings...
Amusements.................
Ch. E'tainments...... 37.10
$1.60 Constructions, (old) 31 20
70 cts.
34.80
$21
$91
80 ct.
$2
Do.
(new) 70 stk.
Lane Crawforda..
Mackintosha
Nanyang Tobacco...
Binceresinesi
Watsons
Wm.. Powella
M. Greyhounds.
B. O. Enterprises
United Theatres... §.
971 Ch.G.321925 G. Bds. 95%.
pren.
$8
$102
B. Gort Loans .......
Wallace Harper
HE. Wing On....
8'ha!
Do.
$4.75
35.10 4101
$1.80
70 cte.
# 1111!
Investment Securities
and Commodities
We offer you Daily Quotation Service
and
Every Facility for Trading through our
New York Correspondents E. A. PIERCE & CO.
SCHEME
Smallholder
assessment
18 13/16
committee there appears to De preponderating number of Europeans with the
price was 19 13/16 and the For-gard to the international rubber possible risk that Aslatie interests restriction scheme, was passed at yesterday meeting of the Johore
for account of India and China State Council, and will come into The market closed with a steady force on friday as in the case of similar legislation in the F.MS. and outlook with expectations of.
Colony. American suppor In New York cents the rate was, up at 45.45 and the market steady.
- Sterling opened one cent higher
in New York sterday at 5.05 improving to a closing rate of 5.07 but the market Was advised as erratic.
Market
The Opening tone was on the strong side but the market evid ently took the view that the rise was overdone. The tone, however, continued steady at the slightly lower level: reached.
Sterling
In speaking on the bill Mr. W. Miller Mackay described it as ar Whether it earthquake measure."
technical was entirely clear of wrong, he said, was as little to the point as the morality of an cath-
quake
was
may suder.
Quit Rent Abatement The bill provides for the prohibi- tion of new planting and I ask Government favourably to consider the question of abatement of quit rents on all uncultivated "reserve fands. The case for abatement of quit rent is an unanswerable one because I think the state is
derogating from its grants and should therefore compensate. Sec- due The Mentri Besar, the Hon. Dato ondly, the state will in
course make a large profit from Abdul Hamid bin Yusof, presided.
Introducing the bill, The Acting the cess leviable. I understand Legal Adviser, Mr. M. C. Hay, ex- that the imposition of a cess will remove the export duty on rubber plained that originally, as noted in the Press that morning. and that a cess of one cent will
be levied. This one cent there was a slight variation in section of the bill as compared will more than cover the export with Section of the bill in the duty and all expenditure' under the enactment, leaving a hana- elsewhere It was F.MS. and
some profit for the Government.. thought at first that the alteration
For that reason I think that it would expedite assessment but it had been discovered on
is only right further
and proper that careful enquiry that it was more Government should grant abate- ment of quit rent, more so when follow the course practicable to tion was done at 1,5 9/32 for the which had been followed elsewhere such a messure of relief cannot, second half of June and 1/5 5/10 so that the draft bill as présentes strictly speaking, be a charge on
to Council was the same as that general revenue.
There were selling indications at the opening at 1/5 9/32 with buyers expecting 1,5 11/32. The latters' ideas were lowered a frac tion to 1/5 5/16 but did not re- sult in business. A small transac
July, the market easying off sub- sequently, to 1/5) was not obtain-. 819 able for cash but business was done passed in the FMS, and the Co-
lony. eventually at that rate for the last week of the month. At tíma
3120
$116
American Oriental Finance Corporation
Asia Life Bldg. 14, Queen's Rd., C.
Federal Inc. U.S.A.
Hong Kong.
Tel. 26631:
US Dollars
PRESIDENT LINERS
TO
NEW YORK
offer a Choice of Routes
13
Sall through the Suez, via Europo to New York. Or salt through the Panama Canal, via San Francisco, Los Angeles, Havana. Or, go most quickly of all, via Seattle anti thence across the continent by train... but go by President Linsi. The luxurious way that is so soonomicall
To SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days via Shanghai, Kobe, via Shanghai, Kobe, Yokohama, Honolulu
Yokohama
Fortnightly smilings Pres. Hoover June 16, 6 a,m, Pres. Lincoln July 4, 6 s.m. Pres. Coolidge...July 14,6 am. Fres. Cleveland...Aug. 1, 8 mm. Pres. Hoover......Aug. 11, 5 am.
EUROPE, NEW YORK
Inquire for countrip tickets to Europe in connection with Llard Triestino. Via Manila, Singapore, Penang, Colombo, Bombay, Suez Canal Alexandria,
Genoa Naples, Marseilles.
Pros Hayes June 9, 9 a. Pres. Johnson.. June 23,8 m. "Prea. Monroe July 7, 8 sm. Pres. Van Buren July 21, 8 am Pres. Garfield... Ang. 4,8 a.m.
Fortnightly sailings, Pros. Jefferson. June E, Midnight Pres. Grant...
Pres. Jackson Pres. Jefferson
July 7.a.. July 91, 8-
Aug. 4, 8 a.. Pres. McKinley Aug. 18, 6 a.m.
MANILA
THE MOST FREQUENT SERVICE
♫
Next Sailings Pro. Hayes... Jane 9, 8 m. Pres. Johnson...June 23, 8. a.m. Pres. Lincoln June 28,10 p.m Pres. Grant... June 30, 6 p.m.
BOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FEBOER' BUILDING...... HONG KONG. CANTON BRANCH :—4, AHAKSI ROAD,
NEW YORK STOCK EXCHANGE
AMERICAN ORIENTAL-FINANCE CORPORATION
FED. INC., USA
QUOTATIONS
Tel 26631-Asia Life Building, 3rd Floor.
(REUTERS THROUGH THE AMERICAN ORIENTAL FINANCE CORPORATION)
New York: June 6.
Dow Jones Averages High-1933/34 Low; June 5.
June 6
Change
30 Industrials
110.74
50.16 94.66
84.77
.13
p..
2
20 Rails
56.94
95.43 43.14
43.78
.64 up
20 Utilities
37.73..
19.33 23,22
93.05.
.17 down
40 Bonds
95.21
73.21 · 93.99
Commodity Index
60.44.
41.98 57.38
04.08 #57.83"
of up
.13 down
Business Done: 880,000 shares.
$3
"American Radiator.......
SALE
LAST
June 5. June 6.
$93
134
947 95
. 1935
.Div. $
HIGH 138
Low 'PEL. SH
47+
3.00 Air Reduction
$ 951
160 100)
701
8.00 Allied Chemical & Dye
135
401
4.00 American Can
17
133
134 134
551
10%
America Sinelting.
382
394
134
. B
9.00 American Tel. & Tel...
115
115
94
604
6.00 American Tobacco "B" 11.00 American Waterworks
17
·711
19
10
..5
ww
Anaconda Copper Mining
148
141
31
2.00 Auburn
05
35
COMMANDE
*cess
221
61
Bendix Aviation"
151
37%
18
- 1.00 Borden Company
251
25
207
24
Canadian Pacific
1515
103)
30
J. I Care...
52
50
318
0.50 Caterpillar Co.
257
26
15%
1.4) Chase National Bank
281bid 291bid.
591
72
1.00 Chrysler Motors
40.
394
3.40 Consolidated Gas of N.Y, ...
324
321
5
Curtine Wright
3,
1032
32
2.00 Du Pont de Nemours
851
.
93...
46
·3.00 · Eastunau-Kodak
05
96
281
www
Electric Auto Lite Co.
224
221
10
The third point I wish to make is that in the administration or this law, a certain degree of toler- ance should be shown to that
class of owners who through ignorance of the Eng- Ligh language .and Dossibly of their
Language: own
can- ""not fully comply with the require-
ments of the enactment, especially so as the committee and officers under the enactment are armed with very wide and arbitrary powers.
48
8%
Electrio Bord & Share .......
-15.
144
10
15
Electric Power, and Light...
54
51
201
31
0.40 General Electric"
107
20
101
2011
1.80 General Foods......
32
21
418
1.00 General Motors
311
10
201
27#
1.0 Gillette Safety ** 1.20 Gold Dust ...
101
20
191.
1 .
46
13
0.60 International Harvester
International Tel. & Tel.
323
121
疆
121
more
400 Liggett & Myera "B"
941
49
284
8+
L00 Loew's ILG., ........................
944
33
327
351
Montgomery Ward
26
254
009
31+
2.80 National Biscuit
354
35
281
100 National City Bank
261
10
1681.90- Nations! Dairy Products
281bid; 28bid
173
172
6.60 Otis Elevator, f
151
154
314
REICHSMARKS QUOTA.
16
173
174
B
37
31
TIONS
42
291
∙13
12
3
Radio Corpo, zi
71
Sears Hoebuck...
14
(Special to the "Hong Kong Dally Press" (Copyright.)]
401
18
6
372
13
22
431
Bocqay-Vaanum Corpu Standard Brands Standard Ga Standard Oil Co. of
151
157
Berlin, June €.
Reichsmark quotations (without guarantee)
New York Paris
301
10
37.88 BIL
not quoted-
..183
55.33
187
76.59
15.16
Mr. S. Q. Wong said: I rise to time there were sollera at 1/5 7/32 doing so I wish to refer to fewe
give my support to this bill and in cash, possible sellers. 1/51 second hair of the month and likely buy-points which have occurred to me. The first one is that there should ers at 1/5 for cash.
be adequate Asiatic representation Buyers offered 382. and sellers on the assessment committee to 364 resulting in a small business safeguard their interests.
the proposed constitution of the for June at 361. and for July at the same rate. The morning set- sion closed with sellers at 36 7/18 and likely buyers at 364, 2t not for July, certainly for June.
*Ten
$120,"
Shanghai Dollars Quoted nominally at 110 7/10, leading to business at 1109.
Shanghal Market
Sterling was a fraction higher at 1/3 and 1/3 11/16 sellers 'and buyers throughout the morning. Dollars were firm at 33. sellers” and 331 buyers.
IN THE AFTERNOON The market appeared not. quite so rebust in the early part of the afternoon.
Under
lara at 364 for delivery in July. At the close of the market' there were sellers at 1/5 7/32 with buyers at 1/5 9/32 with the likely business rate at 1/51,
Dollars
Dollars closed at 36 7/16 sellers, buyers at 30 for the second half. of June.
Shanghai Dollars Were done at 110), closing with sellers.
Shanghal Market. Sterling eased off 1/18 to 1/3 9/16 and 1/3: Dollars also open- band
ed a little lower at 32 15/16 and') Sterling was done at 1/51 for 33. steadying subsequently to 33 the second half of June and Dol-sellers and 331/16 buyers.
Sterling
Amsterdam
Parts (Sterling):
Parts (Dollar).
Transocéan Kuð--Min,
120 Pacific Gas & Electric
Packard Motors
0.66 - Pennwylvania Railway
ཡྰཤཨྰཿཀྰeaཝྃངྒཱཚུརཧྲྰིསྶ་རོམe8jཊྛིཊྛཱཙྩཨྰཿཙྪཊྛཧྲྰིཧཱུཾཿཀྰཀྰནྡྷནྡྷནྡྷཊཝཱཝ ཙཔཱཏྟ