1933-11-02 — Page 13

Daily Press 孖剌西報 All

- $1,830)

£130

$580

***

1944

13

HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 2, 1933.

MONEY AND

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Bayırı

Ballart

Sala

Nominal

WEDNESDAY. NOVEMBER 1.

Balers

Bayert

H. K. STOCK

AND MARKETS

LONDON EXCHANGE RATES

MARKET

QUOTATIONS

Dult conditions continue to pre vail in the market, this morning's session showing no indication or sign of any improvement, though Tele- phores made a slightly better show ing at to-day's opening. Sterling

however,

Buenos Aires Copenhagen Genevs........ Helsingfors Hongkong Lisbon Madrid

Milan

Montevideo

1210 Florina 375. Drachmae 276,316 Dinars 90.43 Marks is. 6d. per Rupes 35 Belgas 813,586 Lei

E96

FIN

$104

Banke

H.K. Banks $1,890

Do. (London)

2161 Chartered Banka...

Marcantile Bks. "A"

Do.

C

Bank of Ext Ama... 3104

N, O. & S. Banks

£95 £13)

$7

120

Am. O. Fin.Cerp:

Ch. Fio. Corp. Ord. S.

***

Do

Prof. B

***

Insurancea

$395

***

$9971

Canton Insurados...

$1.75

$210

Underwriters

3685

PER

J670

***

Union Inrarando# .......

3696

M

$516

securities, their firmness.

maintained

China Fires

an

$270

Sales.

$150

İLK. Fires AREAS

*

[International Assos, 8.

Shipping

334

Douglases

ata

Steamboats

$30

$30

Indos (pret)

$35

Da (def)TAL

54/4)

Shaile

Waterboste

Mixing

Amtamoks

$37

Balateos

86 cta. 89 cu.

14

***

165 ats.

1042 *37.95/32·

80 1/32

38) Nom,

2.84

(BRITISH WIRELESS SERVICE.)

YESTERDAY'S OFFICIAL

On Amsterdam Athens.... Belgrade Berlin.... Bombay Brussels Bucharest

Sterling Parity

Oct. 30.

7.82

Oct. 31. 7.84)

300

120

370 2931

13,10) 1/8

13.

1/8

22.617

99.67

335

540

47,584, per Peso

44 O.R.

44 O.R.

18.159 Kroner

9940

22.40

25.29 Franca

16.29

16.39

193.93 -Mark

3204

9981

1/5

1/5

342

43 cts.

•Union Insurances, $585. Autamoks, cents. Baguio Gold, 62 cents. Hongkong Tracts, $211.

Cements (Combined), $2.65.

Dairy Farms, 929.

Constructions (New), 80 centa.

Buyers.

Hongkong Banks, $1830.

Union" Insurances, $580.

Douglases, B

Benguet Consolidated, 80.

Big Wedge, 32 cents.

Gold Creek, 89.

Hotels, 86.53.

Hongkong Trans, 8211.

Gort, Loans, 33 per cent Prem,

Star Ferries, $99.

25/-

Electrics, 874.

$18

Telephones, 831Ą..

$4.35

$6.85

Sellers.

712

19/

Wharves, $124.

**

Providents (Old), 83).

110 Escudos

1061

$5.29 Pesetas

37

92.16 Lire

391

50.80d. per Peso

34 Nom.

Montreal

4.887 Dollar

4.851

New York

4.867 Dollars

4.781

Oalo

18.150 Kroner,

19.30

Paris

.............194.21 Francs

"80 9/39

80 25/32

Prague.....

164.25 Kronen

.. 108

1001

Rio de Janeiro ...... 28.93d: per Gold

Milreis.

41 0.8.

41 O.R

Shanghai

1/3

Stockholm

18.150 Kronor"

19.30

1/37/16 19.391

Vienna

34.88 Schillings

*9

Yokohama ........ 94.56d. per Yen

1/23

1/21

Venz Coldfields, $0.

Silver (spot)

181

181

Silver (forward)

18

181

War Loan

71%

1001

100 5/18

ON LONDON:--

Closing Quotations

November 1, 1933.

Telegraphic Transfer. 1/4 Bank Bills, on demand Bank Bills, 4 months'

sight *****

..... 1/8 months'

Credits,

sight

ON SHANGHAI:-**

ON SINGAPORE:--

1/64

ON NEW YORK :—

4.77

.19.80

Bank Billa, on demand 334 nom Credits, 60 days' sight.. nom ON. BATAVIA:-

O demand... ON PARIS:--

35

Bank Billa, on demand 666 Credits, 4 months' sight 605

ON SALGON:-

On demand

ON MANILA: ----

80

On demand

67 nom

!

ON BANGKOK:

On demand.

* 131 nom SOVEREIGNS, Bank Buying

1/51 Bate

18

}93+

PRESIDENT Liners

Fastest Time Hong Kong to San Francisco. Speed with Comfort,

To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly sailings

Prez Hoover Nov. 7, Midnight Fres. Taft Nov, 21, Midnight Pres Coolidge ..Dec. 2, am Pres Pierce......Dec. 19, Midnight. Pres. Hoover ...... Dec. 30, m.in.

TÓ VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama

Fortnightly sailings

Pres. Grant. Nov. 10, Midnight Pres. Cleveland...Nov. 24, Midnight Pren Jackson Dec. 8, Midnigh Fres, Jefferson... Lec. 29, Midnight

Jan. 5, Midnigh Pres. Grant

ROUND TRIP FARES TO EUROPE

AMERICA.

Special through rate to Europe via. United States Direct. Choice of rail lines across connections with all Atlantic lines..

United States and Canada, liberal stop-over privileges for Sight-weeing. Full particulars upon application.

| Fortnightly via Suez to Europe & America

Fortnightly wilings on Saturdays via Manila, Straite, Colombo, Bombay, Buss Canal, Alexandria, Naples. Ganos, Marmellies...

New York and Boston. Pres. Johnson Nov. 11,8 m. Pres. Monroe....Nov. 25.8 m. Pres. Van Buren ...Dec. 9,8 a.m.

TO

Next Salling

Pres Garfield Dec. 23, 8am. Pres. Polk ........Jan. 6, 8am. Pros Adams Jan. 20, 8 a..

MANILA

Prea. Johnson Nov. 1, 8 a.m, Pro. Taft

Nov. 14, 6 p.m. Pres. Cleveland......Nov. 18, 6 p.m.

Pres. Grant Nov. 4, 6 p.m.

Pres. Coolidge....Nov. 23, 0 p.m. Pres. Manros......Nov. 25, 8 a.m. Pres. Jackson...Dec. $,6 p.m.

Connecting with 5.8. MAXON To CEBU, ILOILO, ZAMBOANGA

DOLLAR

STEAMSHIP LINES

AMERICAN MAIL LINE

TEDDER BULDING-HONG KONG.

CANTON BRAICH:➡Á, SHAKEX ROAD,

NEW YORK STOCK EXCHANGE ASIA LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG).

Tel. 28350-Gloucester Building, Boom 303.

(REUTZA'S AMERICAN SKEVICE.)

$10

32 ata

19

90 sta

440

182 ota.

$15

<0 ct!

130 4th.

***

$9

$7

29/3

$181

} 84.40 $7.

1121

Baguio Gold.......

Benguet Consolidatod

·Do.

Do

Exploration

Goldfield

Big Wedge

Gold Creek..

Ipo Mining

Itogona

Kalans .....

Langketa (single) 8. Explorations...... 9. Shanghai Loans 8. Raabs

Tronoh Mines...... Venezuels Gold Fld $5.60 Docks, Wharves,

Godowns, ato,

H.K. & K. Wharres.

3124

431

#6 18

Buildings

H.K. Hotels.

H.K Landa...... Shanghai Landa...8.

€ 3 € !!!⠀⠀⠀⠀⠀⠀⠀

140 etb.

$145.

$8

$124

Providente (old) ...

$31

$1,35

$184

De. (new)...

31.20

11.K. & W. Docks

417

S. China Motors A

$4

Do

43

$4

$147

Shanghai Docks S.

#B

New Engineerings8.

1318

Hongke

Lands, Hotels, and

$0.50

36.60

$8.35

133

$14

Metropolitan Lands..

H.E. Realties...

$154 Chins Do

$137

Do. Debentares 3.

3124

Humphreys ***PRI

?

New Asia Hotel

$140

$20

Asia. Realties "A"S.

Do.

$94.

Chinese Estates......

314

$108

#77

•Zoong Sings .... Wing On Textiles(8)

Pabllo Utiliting

$}}

Tramways vari19194

$81/

$164

Poak Tram (old) .....]

$74.

Daf

(new)...

$99

Star Ferries and

1231

Cotton Mills

EwOsprave

S'hai Cottons................

Yaumati Ferries...

$10.40 China Lights (old)... $1.06 $101. $102

$10.20

Do. (new).

H.K. Electrics...

+E+

123

Macso do.

$104

Sandakan Lights .......

8314

Telephones

$11

China Buses...B.

99

Tractions

15j.

Da (pret.)....

Industrials

$15

Malabon Engars

$21

Caldbeck, Yord.) 8.

$18) Macgregors f(pref.)B.

$6

$2.60

Canton Ica pun. Cementa (comb.)...

$2.60

$2.80

Do. Do.

(old)...

Bats

(now)...

#71

Bopell.....

$29

Miscellaneous

Dairy Farma pentr

$1 Dar A Wing................ $10

Amusements.*******

$10.10 Ch. Etainment...... 310

Da new ecots.

#21

Hongkong Lands, 877.

Realties, $73.

Cements (New), 6 cents.

H.K. Ropes, 71. Watsons, 881.

:

PETRÓL · TRADEON

IN JAPAN

Amalgamation of Companies

EFFECT OF MR. MAT.. SUKATA'S PURCHASE

Tokyo-An amalgamation of the $13.86 three largest oil refinery com-

#105

panies, viz., the Nippon Sekiyu, the $131 Mitsubishi Sekty and the Ogura $77

Seklyu may materialise in the near An agreement of opinion for it has already been reached between the managements of the

$15.

$89

$22

$10

440

சசூர்

future.

three concerns.

On Demand orient

On demand'

On demand.............. 118)

ON INDIL:-

en

Telegraphie Transter... ́ Bank, on demand .................

THE EXCHANGE MARKET

MESSRS. ROZA BROS.. REPORT

Market. Quiet, the tone was steady.

Sterling.

BAR SILVER, per dise

RICE CONTROL IN JAPAN A Complicated Measure

Tokyo. The working regulation for the Rice Control Law which will put into force on November 1st A complete grading list was gazetted yesterday (24th in- stant), was also published. covering 72 kids and 317 classes

This

Messrs. Roza Bros, have forward- us the following Exchange Market report for yesterday.

Silver prices were unchanged yes terday, the quotatione remaining at 18 1/4 for Ready and 18 3/8 for Forward. Silver advices reported China Banks of having bought The Continent sold. America was

It is learned that the Control The direct incentive for the pre-also inclined to buy. The tone was sent merger talk is the gasoline steady. In America the rate rose Committee will meet to-day to fix quotation will be based on the warfare between Mr. Matsukata 3/8 to 39 7/8 for Spot. The market the first official quotation

Between two was firm. and the Big Six. fires-Soviet oil and Anglo-Ameri- New York advices reported the commodity prices for September. can of these Japanese refineries opening rate at 4.76 3/4 and theIt is expected that the maximum have been put into a very dimenit closing rate at 4.77. The market price will be fixed somewhere be- tween Y.30.36 and Y.32.89 Der koku, position The only way out for was quiet.

and the minimum price somewhere It is them is to amalgamate.

between Y.21.66 and Y.22.70 per hoped that the present merger, if

koku. it really materialises, will greatly facilitate the establishment of the national policy in regard to liquid fuel for which, in concert with the Government, they have been striving for several months past.

On Monday afternoon (23rd in- 10 cts. stant), Mr. Tsushita (Nippon), MI. Hiral (Mitsubishi) and Mr. Ogura (Ogura) visited Baron Nakashima, Minister of Commerce and Indus- try, and after explaining their scheme, sollefted his support. They was earnestly, wished the Governmenting at 35 to use its influence to bring the very. Later offers at 34 3/4 were present merger eventually into a accepted for near delivery. The wholesale amalgamation of the oil market closed with sellers at 34 5/8 industry. The points which they November and 34 18/18 December, have emphasised at the interview buyers at 24 3/4 for near and 34 may be summarised as follows-15/16 December,

Desiderata.

$15

36

$2.80

$74

$9

$10

$2.80

$2.80

Constructions, (old)]

.80 ota,

f

$3.90

Lane Crawforda...... 34

Mackintosha

a

--

Nanyang Tobacco...

$4.20

***

314.10

#81

$2.10

Wm. Powells

$10

M. Greyhounds

$1

8. C. Enterprises ***

$9

United Theatres...8.

$14

Bincoros

Watsona

78%

B. Ind. G, Bonds... 77').

KL.E. Gort, Loans.....] $103

Wallace Harper........--

....

#9

$170

B'bai

***

HX Wing O******

Do."

$145

Asia Lands Limited

Gloucester Building Tel. 28980 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 (Dally Press

“Canton ·· “Agonia“

John H. Ferguson & Co.

32, B. C. Shamee

Tel. 18624.

WES

done during Business

of the morning, at the course 1/3 9/32 for near delivery. The market closed with sellers at 1/8 1/4 November and 1/8 9/38 December, buyers at 1/5 9/32 November and probably 1/5 5/16 December.

U.S. Dollars.

amount

Storing Ten Milliön Koku s A few days ago, Mr. Goto, Minis- ter of Agriculture and Forestry, ob-

tained the approval of Admiral Satto, the Premier, Mr. Takahashi, the Finance Minister, and Mr. Nagai the Overseas Minister, to his plan to store 10,000,000 koku of unhull- ed rice as one of the measures to Of this meet the bumper crop. A fair

of business total, 6,000,000 koku will be Japan- done early in the morn ese grain, 3,000,000 koku Korean

for December deli- and 1,000,000 koku Formosan:-

1 By means of amalgamation, the three companies should control both refining and sales. With the for near delivery. merger company' as the nucleus,

an amalgamation of the two for-

Shanghai Dollars.

Small Granaries Preferred. The Advisory Counell to the Rice Section, at ita sitting on Mon day 23rd instant), studied the question of housing the above grain in Japan. The original plan of the Agricultural authorities was Yen. Merchants were quoted at 118 1/2 to build 50 large granaries through- out the country, but in accordance with the strong recommendation Shanghai Dollars were quoted at by members representing the Set- yukal, the Council voted for the establishment of 650. small store eign concerns, British and Ameri-111 3/8 for cash.

houses scattered over the country.

At the same meeting, Mr. Adzuma, a Seiyukai representative. ádvocated the resumption of an ancient system of having store houses in all villages so that at least five per cent, of their harvest should be stored compulsory. For that purpose, he said, it will be necessary for the State to pay two- thirds of the cost, of construction 3-All oll-extracting companies. including the Kita Karaiuto Seriyu 28,000,000 in its yearly expendi for these store houses. Mr. Goto, ture. To what extent Baron Naka- the Minister for Agriculture, pro- (North Saghalien Sekiyu should shima, the Commerce Minister, will mised, to study the matters. be kept outside the above merger evince enthusiasm over the pre- company. They should concen- trate their activity on the exploita sent merger le being watched in all

quarters. tion of resources and the supply of crude oil to the merger company." ...Capitalisation.

Shanghai can, and small Japanese refinery

Firm. Sellers were indicated at and sales companies, numbering about twenty, should gradually be 1/3 9/16-for near, buyers probably realised. The merger company, at 1/3 6/9 November. after the wholesale amalgamation,

"U.S. DollarS

should bé capitalised at approxim→ U.S. Dollars, opened with sellers ately 200,000,000.

2-A permit system should be at 31 1/18 but later the selling rate adopted for both the establishment rose to 31 5/16 November, bayers of refineries and the import of probably at 1/16 higher. crude oil.

8.0.8...

the representatives of The Japanese oil interests who waited

Canton Silk Market

From the Kwangtung Raw Bik The above three-rennery com- upon the Commerce Minister on Testing Bureau, Department of panies are at present capitalised Monday in connection of the mer- as follows:-

Authorised.

Nippon

Bekiyu Y.80.000.000

Mitsubishi

Beklyu 5,000,000

Paid.

Canton Quotations

w: October 201 Extra OS. 13/15 HK, $600N.. Extra 0.3. 13/15 H.K. $535P... Cracks N.9. 14/16 EK, 8420N. Extra Extra 20/22 HK. 840UR Waste N.B. Open H.K.BTN. stations

ser scheme asked him to invoke Reconstruction, Canton, China?---- the Staple Industry: Control Law for, suppression of reckless com .56.000.000 petition from Boviet all All

Japanese concerns; they stated; in-8 -5,000,000 curred a serious blog from Boviet Roll and had to register a loss for Bekiyu 20,000,000 15,000,000 the term ending September. Un- To the event of the present les cometh & Dent mediate merger materializing, it is hoped, ly, both the three Japanese con- the new Company will be able cerns and Mr. Matsukata are liable to record a saving of at least to be ruined, they warned

Ogura

.

October 31

Spot, Yen 655.

Bourse 6 Months Yen 666

30 Industriale,

New York: October 21.- Dow Jones Averages:

High 1933 Low: Oct 30 Oct., 31.

Change

t

108.37

$1.27 88.43

28.16 ,27 down

66.63

13.23 38.09

3594

.15 down:

Ti

37.73

16.53 23.86

89.07

20. Rails

20 Utilities.. 40 Bands

** 23.08" 28 down

65.78 82.90 82.69.31 down

Asia Lands, Limited, has received the following report trom their New York correspondents, £. A. Pierce & Co. A do nothing sttitude developed today. Prospective purchasera seemed more concerned over earnings pro- spects. The market appears to be forming a base for possible sustained Improvement later.

United States Steel to-day declared a fifty cent preferred dividend. Third quarter operations averaged 40 per cent. There was a nett loss of 81,717,014, after allowing for all charges

Wheat: Lacked buying power. The Trade was confused over the political developments. Narrowing December discounts were a feature, reflecting improvement in the tash situation.

Cotton: Steady on trade demand. Hedge sales were smaller. Seb. timent seems friendly.

Bank interests were

Silver: Opened quiet and continued to rule so. abeent. There was some buying towards the close. Business Done: 1,130,000 shares

431

FOL

1939

DIY L

HIGH 1004 1421

Low PI SEL

LAST SALES Oct, 20, Oct. 31.

30%

3.00 Air Reduction

$977

$95

42.

8.00 Allied Chemical & Dye

127

127

071

." 289

400 American Can

87 ...87

American Smelting........

401

412

137

$.00 American Tel & Tel

112

1112

44

5.00 American Tobacco

B

721

72

11

1.00 American Waterworks.........

181

18

231

3

Anaconda Copper Mining"

134 13

: 2012

283

2.00 Auburn

35

Bendix Aylation

21+

11f

18

1.80 Borden Company.

21

Canadian Pacifis

193

201

103

18)

-J. Case ******

614

62t

201

0.50 Caterpillar Co

184

2.00 Chase National Bank

194Bid 194Bid

1.00 Chrysler Motors

+389

38

3.40 Consolidated Gas of NY.

39)

:

2

300 Drugs, The,

"737....

2.00 Du Pont de Nemours

704

71

854

3.00 Eastman Kodak

134

134

B9%

Electric Auto-Lite Co...

321

0% Fectric Bond & Share

48

Electric Power and Light.

18

18

0.40 Gefpral Electric

33xd,

-201

1.60 General Foods

10%

34

24

271

114

40

Curtiss Wright ....

1.00 General Motors Lo Gillette Balety.

1:20. Gold Dust comin

0.60--International-Harvester

2.

International Tel & Tel 4.00 Liggett & Myere 100 Low's

Montgomery Ward

20 2.00 National Biscuit

211

·34

204Bit

1.00 National City Bank,

1.50 National Dairy Products 0.60 Otis Elevator

2.00. Pacific Gas & Electric

Pokard, Motors

0.60 Pennsylvania Railway

Radio Corpa

Gears Roebuck ....

1.00 78udard Brands

Standard Gia' 1.00 Standard Oil Co.

1.00:

040

United

Westing:

...

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