12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sharebrokers' Association
soyar Selle
Balse ¡Nominal
MONDAY. DEC. 24.
Balleru
Kalan
Jamius
£1374
$1,890
£18
$1.39
1-03
#630
75 ct..
140
-35 ots,/40 ote
PIFITRI
$54
4/3
140
!!!!!
$5.0%
$10.70
요
Banks
H.K. Bankaiz|
Eo. (London) .......
Chartered Banks
-Mercantile Bis. "A"
Do
Bank of East Asia 39
N. O. & S. Barki
Am O. Fin. Corp: B.
Ch. Fin: Corp. Ord. 8.
Do
Insurances
£13
63
-H
$20
11.80
Prof. B.
Canton lusurSBOSS,
3170
Underwriters
....
$1.15
Union Insurance
$600
$510
Chins Fires
$5371
H.K. Fires
$5
International Asace. 3.
Shipping
Douglasea
$71
Steam boste
$30
Indos (pref.)
333
Do. (def.)
44/4) $13)
Shells...
Waterhoots
Mining
<3
Amtamoks
$37
Balateos...**
Baguio Gold ... $137 Benguet Consolidated
$610/5 26
175 che
***
Fun
2t our Do... Exploration a 20 ota, Do. Goldfield...
10 cts.. Big Wedgỡ ..............................
22 ct.
United Faracales... 3 ota
Salacot Mining .............
123 cen. Gold Exer
24 cts.
Gold Creek.......................
16 ct.
#1
Ipo Mining.
|40 eta
[logona
20/-
19-
SIB
Langkat (single) 3.
#5
23
Jimaghai LoanS
#10.40
Venezuela Gold Fide.
"Explorativos............ D.
$10.70 faube
35
Docks, Wharves,
* Godowns, età.
1.K&K, Wharven. 110
$1.40 Providents (old) $1.40 130 cza Da (LOW).
3.K. W. Docks...
S. China Motors A
Do.
פיזי
$120 Sbangbai Docks S.
$0
3309
་་
New Engineerings.
Hongkewa
Lands, Hotels, and
Buildings
H., Howis ...$1.90
HK Inde... 15
Do. 4% Debentures
324 Shanghai Landa::~.
$12.50 Metropolitan Lands..
H
Healties...an
China Doon «d.)
Do. Debenta os 5.
Humphreys*******
New Asia Hotel"
Tramwaya megin|| $90.10|
::
HONG KONG DAILY PRESS TUESDAY, DECEMBER 25, 1934.
BREAD RATIONS
IN U.S.S.R.
To Be Abolished
Moscow.
A regular plenary session of the Central Committee of the Com- munist Party of the Soviet Union, which sat for three days, discussed and passed on decisions on the question of the abolition of the 213 system of rationing bread and several other products, and re- organisation of political sections of State farms and machine and tractor stations.
ཧཱུྃ༔aaརྦཱ! སྒོདྡྷི ཨི##ELLE ཚོau iཏྟོ
The resolution of the plenary session on abolition of the system of ration cards for bread and some other products, in its introductory part. states that the food card system had been necessary at the time of its introduction, because of the growing demand for food in cities and industrial regions, whose requirements in bread and other products were increasing un- der the first Five Year Plan, due to the growth of cities and the Industrialisation of the US.S.R.
has
The situation, however, radically changed. The State now disposes of sufficient grain com-
10 ot. pletely to ensure the supply of it the population by means of free
Igs eta.
3124
3:15 36
$55/
iz
sale of bread witmout: the system
of rations.
The abolition of the system of rations is bound to eliminate the existence of two different prices (for rationed and general sale) and secure the introduction of a single State bread price » which must approximately form the average between the present high price for general sales and the lower price for rationed sale. Sirice this will lead to a certain rise in bread prices, the plenary session considers that a corte- sponding increase must be effected in wages and salaries,
The plenary session considers it necessary:
4L
To abolish as from January 1. 1935, the rationing system for bread, flour, and cereals, and to organise universal free sale of bread and other products to the populace through State and co- operative shops;
To cancel all existing retail prices for bread, flour, and cereals, and to introduce unified retail State prices for these goods;
To raise, as from January 1, 1935, all wages, salaries, scholarships, sum' i and pensions:
To start immediately an expan- co-operative shops for the sale of bread-Tass.
CANTON SILK MARKET
The Kwangtung Raw Silk' Test- ing Bureau, Department of Recon-- struction, Canton, China reports the following:
Canton Quotations
December 31, Extra OS. 13/15 HK. $430N. Small Extra 0.8. 13/15 HK
$400N.
Crack N.S. 14/16 HK. $IMN. Extra Extra 20/22 H.K. $300N. *Waste N.S. Open HK. $84|P.
Spot'
Bourse 8 months
Yokohama Quotations
December 22.
Opening Yen 585 Тед 599
New York Quotations
December 21.
Bid Ask 1.31 1.311 1.31 1.91 132 1.33
L
December March May
H.K. SHAREBROKERS", ASSOCIATION
BUYERS
Bank of East Aslu, $89. Underwriters, $1.15. Unions, $500. China Fires, $500. Antamoks, 75 cts. · Beng Exploration, 20 cts. Lands, $54
Wharves, $110). Providents (cid), $1.40. Trams, $20.10.
Ferries, $98.
Lights (cid), $10 20 Electrics, $71. Telephones (old); $24.85 Cements, $2.20.
Lane, Crawfords $32. Gold $ Bonds, $90%. Govt Loan 3%, 2%.
SELLERS Antamoks, 781 cts. Lands, $55. Lights (old), $10.35,
SALES
Electrics, $VA
NEW YORK STOCK QUOTATIONS Appear on Page 3
COMMODITIES PRICES
New York, Dec. 23. New York Cotton December 22. Closing Opening Closing Dec. 12.51 12.62 12.53 12.57 12:57 Jan. 12.51 12.51 12.53 12.53 12.53
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
is fair
There was
amount of business in Silver in London' on Saturday last. The market was supported by speculators and al- so by America. Sales were made for account of China.'. The market higher. closed steady at 1/16 ready at 237 and forward at 24.
The price in America was 434 cents.
Sterling opened in New York at | 4942" and closed at 4941..
Market
A rising tendency, was/ main- tained in the early part of the. morning but on Shanghal easing off, our market followed their tendency.
Sterling
Sterling was up in the opening at 1/8 19/32 with buyers probably at 1/8 21/32. Trading commen- .ced at 1/8 23/32 for February fol- lowed by 1/8 11/18 for cash 1/8 23/33 January second half and the same rate for cash 1/8. 35/32 for March second half, but at this point, the market eased off and sellers became reluctant, and busi- neas was done at 1/8 11/18 for second half January. February and 1/8 for cash. The markët closed with pear sellers possibly at 1/81 and buyers at 1/8 11/16. U.S. Dollars
Were dealt in early in the sea- sion at 421 followed by 42 9/16, 421, 42 11/16 and 42 all for De- cember delivery, 42 11/16 January
January. second half, .421
The closing.tone was: sellers 42 9/16 and buyers 424 December/January.
Shanghai Dollars Nominally at 1237.
Shanghai Market Sterling at 1/4 9/16 for near and 1/4 3/16 for forward improv ing to 1/4 for near. Later the tane however eased to some ex- tent. Dollars 34 1/16 for near. 33 3/18 for forward and subsequent- ly 341 for near and 33 7/16 for forward.
----- "IN THE AFTERNOON
The market took an easy turn In the afternoon."
17
Sterling
After being nominalty quoted, at 1/84, sellers for near receded to at 1/8 9/18 leading to business 1/8 19/32 for December as well as for January and 1/8 for Febr- nary. 1/8 12/32 was also done for February. The market closed with sellers at 1/8 9/16 and buyers at | 1781. buj á sale might have been
found at 1/8 19/92
U.S. Dollars
42) was done, for January 'de iivery and later. 42 9/16, for, the second, half of that month. The
RUBBER MARKET Mar 12.59 12.62 12.63 12.64 12.65 closing rate was 42 7/16 Decem-
REVIEW
May 12.68 12.69 1270 12.71 1271 | ber/January, buyers at 421.
July 12.66 12.70 12,72 32.74 12.75 Oct 12.53 · 12.56 12.58 | 12.58 12.57. (1935) Spot 12.75
12.80%
$123
jaz
$45
$10J
Ana Healties “A” 8.
$213
Du
g".
$88
Chinese Estate
Cotton Milly
30%
$74
B'bai Catton(vs.
$75
$44
1. Do. (new S.
+44
30.40
Loong Sings ......S
$9.40
#55
Wing On Textiles(9.)
$53
Public Utilities
$20
$17:
Pask Trains (old)....
3114.
$7
Do. (DOW)...
$88
Star Ferries
$98
..3921
Yaumati Ferries
$10 40
China Lights (old)....
$10 13
Do.
(now)...
$10.40 $10.10
HK. Electrica
1732
$20
Maoso do. Sumaka
18
Sandakan Lights...
Telephones (old) (m
125
Do. (new)***
$10 60
$12.40
Uhina Bus
Tractions
Messrs. G.‹A. Harriman & Co.. local agents for: Messrs. Stanton Dec. Nelson & Co., Ltd. have forwarded Jan. the following Review:--
17/9
Do. (pre).
Industriale
18.70
Malabon Bugara ***
$21
Cablbeck, Ford,) d.
320
Macgregors (prel.)B.
small business
12.85
Canton fra procence)
#1.30
Coments... $2.50
34.10
Buper..)15)
$3,90
MhcellaneouS A
Singapore, Dec. 11. During the past week the market has remained uniformly dull with Sept. 13.68 13.65 19.85 13.65 13.65 only
passing. Total sales: Speculative interest has. for the time being, died down, and dealers Dec. appear to be content to mark time. May All doubts as to the ability of Jmy
Mar. May July
New York Rubber 12.80 unquoted 12.85 12.85 12.87 12.85 12.85 12.45, 12.85 13.09 13.05 13.00 13,06 13.08 13.29 13.24 13.25 13.28 13.28
13.47 13.44 13:44 13.45A 13.45A
$24
Dairy Farmasemene
$24
Der A Wings.
121
Amuzamenta....
111
$7
Ch. Etainmante.......
$61
32
31 0
175 cta.
76 0's,
$31
appeared, but the general feeling Dec.. is that markets are unlikely to be-- come active until the holidays are over.
г
321
$3.
35
70-cta. Was Powells
Watsonst ste
dinceras anataka më
34.00 584
Estimates of American consump- tion for the first quarter of next year at 130,000 tons, compared Dec.
Winnipeg Wheat
771
774 774
324
824 824
32
M. Greyhounds.....
ས་
this year, are distinctly encourag-July.
*83
31
3. U. Enterprises...
$1.26
ing, and any nearby rubber coming.
x easily, absorbed.
$108
310
SLAMEN ON SHORE
$81
(Special Air Mail Service)
Constructions, (old)
Dr.
(now)
Lane Crawfords... $31
Macicintoshansover
Nanyang Tobacco...
United Theatram...8.
92/Ub.0,5%10260.6 Bda. † 90%,
H.B. Gora, 4% Loans
+81%
pre.
prem.
171
Wallace
3110
$6.60
K. Wing Un
Do Harpor
Vibro Fileng mon
GAYER THAN IMPERIAL VIENNA
76 lots Chicago Wheat. 971 98 ·98... 981 981 984 98 987 981 99 98€ 92 921 937931
the Dutch Authorities to carry out Friday's sales: 18,919,000 bushels "their commitments have now dis-
Chicago Corn
Shanchal Market Sterling 1/49 for near and 1/4 for forward, US$ 341 for near and 33 7/16 for forward. The market was quiet.
H. K. STOCK EXCHANGE
MONDAY'S OFFICIAL
QUOTATIONS
Banka Wharves
In spite of its being the eve of a holiday the market showed signs 887 881 881 89% 80% of some steadiness. Electrics came"
861 861871 874 to business at $71, HK May 861 July 834- 841 811 841 84 at $1,625 and Kowloon Total sales: 11,549,000 bushels were placed at $111. At the close there were enquiries for Electrics, 773 7773 Chins Lights, Telephones, H.K 82 823 Barks and Unlong. 23 631
83 83A
New York Sugar
55, ots with 90.000 for the last quarter of | May
Minister to post throughout all the changes of the last few years, looks like the typical jovial Viennese Bur ger,
remain in the same
on the market at current prices is Dec. ungboted fle
London, Dec. 5,
Mar. May July - 1.85
2.8.
*
1.76 1,75 1.78 1.76 1.76 1.80 1.81 1.80 1.62 1.84 11.85 1.85 1.85 Sept. 1.88 188 189 1.89 1.89 Total sales: 9,000 tons.
**** New! ForK SOK
Dec. 1.311
Mar. 1.31
¿Market, closed
One wonders if the crew of the May 1.33- Deutschland, which vibrates in Montreal Silver tolerably, live in as great discom- Dec, 53.458 53.038.53.05m $3.502 63.505 fort as did their predecessors of Mar. 53.75 53.70 54.00 54.15 54.25 the old Imperial Navy,
May 54.50 54.50-54.60 54:85 54.75 Owing to the inordinate amount July 55.10m 55.00 55.20 55.15 55.40 He is largely responsible for the of space devoted to protection, the Total sales: 10 contracts Dr. Karl Buresch, the Austrian consolidation of the Austrian
pre-war German battleships were -Bld,Asked -Kominal. Minister of Finance, who has left finances and for the great success for Vienna said that he remem of the internal loan for public terribly cramped.
(Special Air Mail Service).
London, Dec. 5."
bered no scenes of enthusiasm on works which he raised last year public occasion under the old in the form of a perpetual sweep- Austro-Hungarian Empire to comstake,
Accommodation for the men was
far below the British standard.
The mess decks were low and the seamen lived ashore in those terribly overcrowded, arid
pare with the Royal Wedding During his visit he has been dreadnoughts of the Nassau and
here frequently before he has Helgoland
His last purchase in London was apox of chocolates for Frau Dr. Buresch bearing portraits of the Duke and Duchess of Kent. M
normous
classes
cern of
four
These cond
the
Britin
had conversations with Mr Mon lieutenant's rank tagu Norman and Mr. Neville berth cabina. chamberlain, Dr. Buresch speaks were mitigated little English, so Baron Francken- the ships went to sea has the distein, the Austrian Minister acted manoeuvres and
For the greater part Linetion of being the only, Austrian as interpreter.
Dz. Bureschwi
the tim
BUYERS HK Banks, $1,825.
Union Insurances, $507 Underwriters, '$1.20. Antamoka, 75 cts. Baguio 'Gold: 35 cts. Wharves, 31104. HK Lands, 354."-
-HK Lands 4% Debts, $991.
Realties, $5.90,
HK Trams, $20.10. Star Ferries, $98. Electrics, $71}/
Telephones (old), $243. Telephones (new), $10.65, Singapore Tractions, 4/3.. 8C Enterprises, 31.
Constructions (new), 70 cts, Govt, 4% Loan, 8% Prem Govt. 31% Loan, 2% Frem. *ABELLERS
Douglases, 340/
Baguio Gold, 40 cts. HR Ropes $4.10
Investment Securities and Commodities
We offer you
Daily Quotation Service.
L
Every Facility for Trading through our LONDON, NEW YORK, CHICAGO, SAN FRANCISCO, WINNIPEG, MONTREAL, SHANGHAI & MANILA
CORRESPONDENTS.
American Oriental Finance Corporation,
Asia Life Bldg. 14, Queen's Rd.,
" Hong Kong.
Tel: 26631.
S. E. Levy & Co.
UNDERWRITERS AND DISTRIBUTORS
SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION
DAILY NEW YORK STOCK AND COMMODITY SERVICE
Meribers:
NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE CANADIAN COMMODITY 'EXCHANGE, INC.
CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK'
7, IOE HOUSE STREET, HONG KONG (Head Office:-Continental Bank Building, Shanghai). Tel. 30101 and 30103:
ARRIVALS
December 23.
-Deli Maru, Japanese str., 1,203...
tona Capt. N. Hirose, from Stonecutters-0. 8. K'.
Tai Yuan, British str., 2,100 tons, Capt. J. K. Clark from Amoy, buoy No. B20-9, & 8. Hulchow, British str. 1,222 tons, Capt. J Robinson, from Can- ton, budy No. C-B. & S. Tjibadak, Dutch str., 4,801 tons,
Capt. H. de Jonge, from Amoy, buoy No. A7.-J.C.J. Line. Ginsen, Maru, Japanese- str., 2,500
tons, Capt. T. Kamel, from Mike, buoy No. AB-MB.K. Tchekam, Chinese str., 806 tons, Capt. 8, E. Loud, from Hol bow, buoy No. 35.-Ping On & Co.
December 24.`· Hai Hing, Norwegian str., 1.443 tons, Capt. O. 8. Olsen, from Hothow, buoy No. B18.-Thore- sea & Co. Teneriffa, Norwegian str., 3,496 toos, Capt. R. Johansen, from Manila, Stonecutters-Thore- sen & Co. Chinhus, British str. 1,353 tons
Capt. R. Warren, from Swatow, buoy No. BIS.-B. & 8. Hunan, British str., 1,021 tons. Capt. J. Beck, from Wal Het Wat buoy No. B1-B, & B. - · Somali, British str. 3,621 tons. Capt. T. H. Kemp, from Singa- pore. Kowloon Whart-MM. ☆ Com Nankwa Maru, Japanese str., 2,550 tons, Capt. M. Thiyama froin Port-Arthur, buay No B23.--- D.K.K.
Tul. Address: Salco
CLEARANCES
Hozan Maru, for Swatow Geniace. for Dairen Tuawa, lor Singapore Himalaya Maru, for Moji An Shun, for Swatow Ying Chow, for Canton Nankok Maru, for Batu Pahat Glenearü, for Bingapore Hydrangea, for Swatow Pyrrhus, for Manila Menelaus," for Singapore Eng Lee, for Tsingtao Mao Lee, for Dairen An Lee, for Canton Tai Yuen, for Canton Dell Maru, for Canton Yat Shing, for Canton Hulchow, for Foochow Kifuku Maru, for Singapore Peter Maersk, for Shanghal Teneriffa, for Shanghal
FORTY YEARS ON
Special Air Mail Service)
London, Dec.5.
By a coincidence it was almost 40 years to a week since Bir John Thompson, who spoke last night at the Cambridge Union, was elect- ed to the presidency of the 80- ciety.
Els training in that school of eloquence has given him a gravity of speech in contrast with the lighter and more epigrammatic manner inculcated by the Oxford Union. He uses to its best ad- vantage a fine speaking voice.
Sir John, who is chairman of the Union of Britain and India, Hal-had a brilliant carcer in the In-
valou, French str., 5.421 tons,
Capt. Saurgand, from phong, Kowloon Wharf-MM. & Co. D Hellos, Norwegian str., 1,113 tons,
Capt, W. Hanneylg, from 8wa tow, buny No. B17 Thoresen "& Co.-1 Ying Chow, British str., 1,216.tons, Capt. W. Forster, from Swa- tow, buoy, No. 821-B, & 6. Anshun, British str. 1,569 tons, Capt. J. A. McCulloch, from Singapore, buoy No. 815-B
dian Civil Service. His last ap pointment was the Commisaloper- ship of Delhi, which ranks as a Governorship.
Famous Union'"Debate.
He entered the 10.8. in 1886. During his year's probation in this country, he spoke in a famous Cambridge Unlon debate. This was on the granting of degrees to women
two interest aroused by this
The
controversial subject, in which
Yat Shing, British str., 1,424 tons Cambridge has always stoutly re-. Capt. A B Osmond, from fused to follow the example Tsingtao, buoy No. B-Maxford, was enormous, and the
attendance a record.
& Convent Mana
Kifuku Maru, Japanese str. 14,269 1280
tons. Capt. 8. Hada, from Mo1/
Kowloon Wharf-OSKA Mao Lee, Chinese, str. 1,209 tons, Himalaya Capt Band, from Canton, buoy 3.187
from No. B4Yee Taf Hong Tal Poo Bek, French, str, 1219
نمایشگاه
Wer
and
İRATES
tons, J. Bonnamour, from K.CA Gle Wan, - CMSN, Whart Tale Fung
HK. Banks, $1.6252
fres $520
Eng Lee Chine
Pro
Hotel
Telephone
Japanese" atz;
Kowloon
3,224 tona