1933-12-20 — Page 13

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Buyers

Balee Salam

Nemipal

31,891

£tati 214

Sharebrokers'

TUESDAY." DECEMBER 19

Baske

EK. Banks

Do. (London)... Chartered Banka...

Mercantile Bk's "A"

Da

Association

Jayara

Baller Sale Nomine.)

Bank of East Asia... $90

£12

$101

N. 0.48. Bankı

Am. O. Fin. Corp: B

$1,820

21.

*

£15

£25 BIRI

$7

要想

35

.

Ch. Fin. Corp. Ord. 8.

Do.

Pret 8

#71

701/71

$30

$14

$300

Insurances

Canton Isrances... $305.

$1.65

Underwriters

DATIN

Union Insurances .....

$680

$575

Chiza Fires********

31.85 7680 $525

1860

$265

H.K. Fires...

$205

18.

International Assos, S.

Shipping

$34

Dougianes

341

316

Steamboats

$15

130

Indon (pref.)

$30

135

Do. (def.)

$36

50/7

Shells.

58/.

$16.

Waterhout

$15

„Mining -

83 eta, Amtamoks

80' ota.

: 1

$34

Balatcos

160 ota.

Baguio Gold

$10

Benguet Consolidated

49 cta

$37

31 et.

Do. Exploration

133 ati

30 eth

Do. Goldfield

+w

35 sts

Big Wedge

32 sts.

Gold Creek.

19

Ipe Mining..

#71

Itogons......

23/-

Kalans -**

shi

$18

$4.35

Explorations.....

Langkata (single) 8.

$15

$4.30

16.65, Shanghai Loans d

$6.65

$17.80

Raab

Tronoh Mines wer

36

Veneraela Gold Fida.

$13.40

19. Sof

.Docks, Wharves,

Godowns, etc.

OPE

#115

H.K. & K. WhatToB

4118

$2.80

Providenta (old) ... $2.75

+31-

Do. Tue)

[80 cts.

#18

H.K. & W. Docks ....

$37

16

S. China Motors "A"

น

Bo.

rge

น

$149

$7

$351

Shanghai Dock, S.

Hongkow .......

Lands, Hotels, and

Bulidings

H.K. Lands

$148

New Engineerings8.

38

December 19, 121. Oy New YORK:-

ON

LONDON ; -*** Telegraphic Transfer...} Bank Bills, on demand j Bank Bills, 4 months'

sight

ON BATAVIA

On demand

15.

ON PARIS-

Credits, four months'

*aight

151

Or SHANDRAI

ON SAIGON

On Demand

10]

On demand .......

ON SINGAPORE!—

ON MANILA-

On demand

* *

On demand

ON BANGKOK :--

On demand

1161

On demand

OF INDIA:

H.K. Hotels.....

$6.15

161

$5.90

SOVEREIGNS, Bank Buying

>714

Shanghai dollars were quoted st

Shanghai Lands...9.

110 for cash.

Telegraphic, Transfer... Bank, on demand

Rate....

BAR SILVER, per oz.

Metropolitan Landı..

Shanghai,

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 20, 1933.

MONEY AND MARKETS

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

REPORT

Messrs. Roza Bros., have for- warded us the following exchange market.report for yesterday:-

Ready Silver was unchanged yesterday, but the Forward rate rose 1/16. the quotations being 18 for Ready and 18.11/16 for Forward. Silver advices reported

LONDON EXCHANGE RATES

On Amsterdam Athens

375 Drachmae Belgrade

276,316 Dinara Berlin

20:40 Marks Bombay... is. 6d. per Rupee 36 Belgas Brussela Bucharest

813,568 Lei

Buenos Aires....... 47.58d. per Peso Copenhagen Geneva Helsingfors the market as being very quiet. Hengking The tone was steady. In America Lisbon the rate was slightly higher at 43.80 for Spot. The tone was steady.

Nov. 1S.

16.86

1001

(BRITISH WIRALIJI~ SERVICE)

Sterling Parity

Dec. 16.

13.10 Florins

8.14

811

$50*

580

210

940

13.09

1/8 3/84

23.30)

5.60.

13.66 1/63/64 2345 345

35 7/18 O.S.

18.150 Kroner 95.29 France 193.23 Marks

92,40

'357 8.0. 92,40

18.01

2264

1/3 3/16

298 1/63/18

391

62 1/16

Paris

Prague

Rio de Janeiro

30.88d. per Peso 4.867 Dollars 4.167 Dollars 18.159 Kroner 194.21 Francs 184.25 Kronen 20.93d. per Gold Milreis

30 8.0.

38.0

3.071

5.10

5:113

5.14

79.90

19.00

.83 15/39

83+

1001

110

4 8.0.

41 8.0.

Shanghai

Stockholm Vienna Yokohama Silver (spot) ..:- Silver (forward) War Loan

18.150 Kranor 34.55) Schillings 24.50d. per Yen

19.39 29 1/918/32

18 11/18

1/2 15/39 188

181

18 11/16

-21%

1001

101

Madrid Milan Montevideo

New York advices reported the Montreal.... opening rate Rt 5.14) and the New York ...... closing rate 5.14. The highest rate | Oslo done was 5.171.

With the exception of the US dollar rate which was put up 1/4 to 36 and the Manila rate which was put up 1/2 to 724. other rates were unchanged,

Market.

Steady but dull.

Sterling.

Business was done during the course of the morning at 1/5 for January delivery. The market

closed at lunch time with sellers At 1/5/11/32 December, 1/51 January and 1/5.13/32 February, buyers at 1/32 higher respectively. U.S. Dollars,

.

Business was done at 374 for January and also 30th December. The market closed at lunch time with sellers at 371 December and 371 January, buyers at 37.7/16 for near and 371 January.

Yen.

Merchants were quoted at 119 ON JAPAN: for near delivery.

Shanghai Dollars,

3110 Escudos 25.221 Pesetac 99.48 Live

1091

39 13/32

"89 3/16

1/3 9/16

Closing Quotations

+

1/3) 10.391 29}

Credita, 4 months' sight #27]

13

PRESIDENT

Liners

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

To SAN FRANCISCO 18 Days

vis Shanghai, Kobe, Yokohama, Honolulu

„Fortnightly sailings" Pres. Hoover.....Dec. 99, Midnight Fres. Wilson....Jan, 16, Midnight Pres. Coolidge Jan. 86, Midnight Pri. Lincoln...... Feb. 13 Midnight

4.4

To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama

Fortnightly sailings Pres. Jefferson... Dec. 1, Midnight Pres. Grant... Jan. I. Midnight Pres. Cleveland...Jan, 19, Midnight Pros, Jackson Feb. 2, Midnight Pres. Jefferson.....Feb. 10, Midnight ROUND TRIP FARES TO EUROPE & AMERICA. Special through ratas to Hurope vis United States. Direct connections with 'mli Atlantra lines. Choice af rall lines across United States and Canada, liberal "stop-over privileges for Sight-seeing. Full particulara apon application.

Fortnightly via Svez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straits. Colombo, Bombay, Bues Canal, Alexandria, Naples, Gente, Marseilles, New York and Boston.

Pres. Garfield ..........Dec. 29, 8 am. Pres. Polk

Jan. 6, 81.m. Jan. 20, Ba.m.

From Adams

TO

Next! Salling.

Pren. Harrison (..............Feb. 3,8 a.m. Prem HaysFeb. 17,8 a.m. Pres, Johnson.....Mar. 8, 8.

MANILA

Pres, Hoover Dec. 21,9 p.m.

Prea. Garfeld ...... Dec. 13, 8 am Prea. Grant...Dec. 30, 6 p.m. Proa. Folk ma

Jan. 6, 8 m

Free. Wilson'.................... Jah, 9, 6 pizz. Pres. Cleveland...........Jan. 13, 6 pm. Pres. Coolidge.......Jan. 18, 9 p.m.

Connecting with BS, MAYON Tɔ CEBU, ILOILO, ZAMBOANGA

DOLLAR STEAMSHIP LINES

AMERICAN

MAIL LINE,

FASDBE BUILDING-HONG KƠNG. CANTON BRANCH |--4, KVAKKE ROAD,

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD.,

QUOTATIONS

(INCORPORATED IN HONG KONG).

Bank Bills, on demand "8

Credits, 60 days' sight.. now

501...

Bank Billa, on demand 1874

502

..

19

133 ram

T

18

$8.80

HK. Healties.......

16

وزد

$154

China Do

$135

Da. Debentures3.

319

Humphreys,

New Asia Hotel

181

34

$140

Aria Realties "A" B.

De.

"B" 8.

Chinese Extato...

$70

$13 10

Cotton Mills

$117 S'ha Cottons......S

Wing On Tartiles(S.) $70

Ewos

$13,04 | #13,20 $13,10|

$131 Zoong Singe

S.

-118 8'31

Puble Utilition

$211

Tramways...

#212 3211

$184

573.

Poak Tenina (old)

Da

(new)...)

116 17+

$100

Btar Ferries

1241

***

19.70

五

$9,60

$227

Macao do

$104

$10) Taumati Ferries $23

China Lighte (old)...|

"Do.

H.K. Electrics

Sandakan Lighta

$9.90

(now)...

เฟ

$731

$30

Telephones C. Rtä

124.85

Do.

X. Els

Da.

Rights

3/

Tractions

18/

China Buses.......

Industrials

3

ALYCERI

Ta... (pret).orches

fttfi !

$25

316

Malabou, Sugars

$21

Caldbook, ord.) E.

$19 Macgregors (pre£18.

Canton Ices

Cements (comb.)...

Do. (old) $2.40

Da

Ropes

(new).. $2.40

Miscellaneous

Constructions, (old)}

Do.

(new) 60 cta

Lane Crawfords......$4.50

Mackintoshsteina Nanyang Tobacco...

$13.20 Sinceras

Steady. Sellers were indicated

at 1/33 for near, buyers at 1/3 P. & O.'S DEPRECIATION TRANSFER

$12.10 11/16 for cash.

$18

$28

$10.10

$91

$3.60.

*313

161

学

Dairy Farra

$1

Der A Wings....................

$41

Amusemente

Ch. Etainmente.....)

32

.80 ata,}

34.40

121

$8,40

Watsons

32.10

Win. Powells

$2

M. Greyhounds........

$14

SC. Enterprises ...

32

32

United Theatres..... E.

BI.

B. Ind. G. Benda.....] 78'.

H.B. Govt. Emans...134

$8

Wallace Harper....

$140

ALK Wing On

2240

*

$140

8'baj Dia.

Asia Lands Limited

Gloucester Building Tel 28380 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,

Clanton“, „A gemir

John H. Ferguson & Co.

32, B. 0. Shameen..

Tel. 18824

U.S. Dollars.

U.S. Dollars. Early advices in- dicated sellers at 33.13/18 for near but subsequently the "market eased of to, sellers at 33.11/16 December, buyers probably at 334.

IN THE AFTERNOON, The market was a shade easter In the afternoon.

An Improved Working Shown

Some improvement is shown in 'the results of the Pand O. Steam Navigation Co. but as the profit were insufficient to meet the annual charge of £134,428 for deprecia- tion of the fleet on a 5 p.c. basis-- & sum of £636,970 being transferr- ed from reserve for writing down the book value of the steamers- In sterling business was done at the results are not. compamble Receipts 1/5.11/32 for near, delivery, finish with the previous year, ing with sellers at 1/5.5/16 De-from voyages, los disbursements, cember. 1/5.11/32 January and amount to £1,182,109," an increase probably 1/51 February, buyers at of some £300.000, but there was 1/5.11/32. for near, 1/51 January a contraction of £108.000 in the and 1/5.13/32 February.

Sterling.

14 :

U.8; Dollars. Business was done at 37.7/16 for the end of December. The market closed with sellers at 37.3716 De- cember, 37.5/16 end of Deceraber and 37 January, buyers at 37.5/16 for near. 37 end of December and 37 January.

H. K. STOCK MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS

The Market remained

Sales.

HK. Fire Insurances, 8265. Hotels, 284.

ed. to £112,626. This amount was transferred to depreciation, and the sum brought in had to bear the charge of the better outlook that" tenders have been invited for bulld- ing a new steamer.

D

U.S. COTTON INDUSTRY

dividends from subsidiary shipping China To Get Large

companies at £218,228, and divid ends and interest on other invest- merty have been reduced from

0.780 to £250,513.

Including the transfer from re- and miscellaneous revenue

serve

Credit

Sales of wheat by the North Pacific Emergency Export Asso- clation, organized by producers

and dealers of the Pacifle north- west to move to foreign countries approximately 40,000,000 bushels of surplus wheat, now aggregate 2,250,000 bushels. The association

Secretary of Agriculture.

Announcéinent of J. J. Lavin of

and after deducting the deprecia- tion charge, administration expen, ses and Debenture interest. &c., the net profit is shown at £177,341, With the balance brought in. the sam available is £306,816, and after allowing for the Preferred divid-operates under supervision of the end of 5 p.., £4.818 is carried forward. In view of the situation with which British shipping is faced and the transfer for depre. ciation, no dividend is recommend ed on the Deferred stock, the last payment on which was 6 p.c. for 1930-31. A year ago, after allow ing £350,000 for depreciation, there was a net profit of £165,536.

DEBENTURE RESERVES

FREED

fairly steady to-day. and a certain amount of business was trans-

The allowance for depreciation is acted, but chiefly by way of ad-the important feature of the ac justment of accounts of December counts, but it is pointed out in the contracts.

steamers of £80,072,730 has been written down to £30,301.400, which would compare with a valuation of £48,892,646 had the annual deprecia- j tion been at the rate of & p.o, per arinum. The draft for depreciation has been taken from reserves aug- mented by the release of £1,750,000 previously held as reserve for de- benture redemption" and now set free as a result of the recent con- version of debenture debt to a 4 p.e. hasia,

Macao Electrics, $23. Telephones (Rights) #101)

Buyer's.

1825.

Hongkong Banks, Canton Insurances, 8300, HE. Fire Insurances, $260. Raubs, $12.80.ex. Div.

Wharves, $115.

· Ewo Cottons, Sh; $13.10. Hongkong Landa, 870. Realties, 85,60.

Chinese Estates, 807. Hongkong Trama, #21). Star Ferries, 8100.

China Lights (Old), 89.70, China Lights (New), 80.60, .... Macao Electrics, 823.

Telephones (Cum. Rights), 830. Telephones ( Rights), (24.55.

Dairy Farms, `827§. Watsons, 86.40.

ane, Crawfords, $4.40. Góvt. Loans, 4 per cent. Premi

Belleri

Hongkong Banks, 21835, Hongkong Lands, 871. Electrics, 8734 193

Telephones (Rights), $11. Canton ices, $2, Cementa · (Old), 82}. Cements (New), 82).

the Chfriese Government agency of the purchase of his first cargo, which will be loaded in Portland within another week for Shang- hal, marks the beginning of a big movement to China. The first

Chinese .of

Government load wheat will be transported aboard the British motorship Olivebank, chartered for the purpose, She

Tel. 28380-Gloucester Building, Room 300.

30 Industrials

(REUTER'S AMERICAN SERVICE)

New York: December 18. Dow Jones Averagem:

108.27

High-1831 Low: Dec, 18.

41.28 88.06

Deo, 18.

Change

97.20

.86 down

20 Balt

56.63

20 Utilities

37.73

18.23 40.34 18.5393.23

40..5

39 down.

23.01

29 down

40 Bonda

89.07

82-04.09 down

65.78 83.03 -

Azia Landa, Limited, has received the following report form their New York correspondents, È A. Pierce & Co. There was some degree of resist- ance on the market today, which was quite pronounced at the final hour. It has not been plainly indicated, however, that selling has ended. Steel industry operations were 34.2 per cent of capacity, which is up 2.7 from last week's figures.

Wheat! There was some income-tax liquidation and a Government agency bought for cash in Kansas City and Minneapolis. Exports weTG

· small and receipts were light.

Cotton: The higher gold price has encouraged a slight improvement. in speculative and foreign demand. The rally attracted selling in the form of liquidation and bedge selling became more noticeable.

"

Silver: The higher opening on speculative buying is attributed to the increase in the price of gold. Prices eased after the opening. Small offerings continue to be plentiful but are not being thrown on the market, Business Done: 1,340,000 shares.

1935, Div. HIGH Low PR. SK.

LAST SALE

Dec, 18. Dec, 18.

100

201

3.00 Air Reduction

ન

$99

1422

₤2)

8.00 Allied Chemical & Dye

144.

143

979

4.00 American Can"

04

941

4.

American Smelting..

48

41

1874

70%

941

43

221

9.00 American Tel & Tal. 5.00 American Tobacco B. 1.00 American Waterworks

Anaconda Copper Mining

1114

110

719

700

18+

18)

137

13

200 Auburn.

35

1517

Bendix Aviation

15

21

1.00 Borden Company

204

201

431

Canadian Pacific .....

12

201

1039

J. I. Case

0.50 Caterpillar Co.

·47%

49%

1.4 Chase National Bank o 1.00 Chrysler Mators Muizzu 3.40 Consolidated Gas of N.Y.

Curtiss. Wright

18Bid 17 Eid

504

50%

.274

2.00 Du Pont de Nemours ... 3.00 Eastman Kodak

79

Electric Auto-Lite Co.

fs. Electric Bond & Share...

Electric Power and Light.......

0.40 General Electric

19A

1.60 General Foods

401

1.00 General Motors

348

The

242 271

is the first of a rather extensive feet of grain carriers which the Chinese Government expects to have le into the Columbia River dung the next few months to terms of load wheat under the the 810,000,000 loan established by the United States some time ago. Sale of the 2,250,000 bushels of

wheat indicates a heary move- ment of wheat-carrying steamers from the Columbia River. business includes the cargoes sold to China”; some for Ireland and zmaller parcel shipment to Central and South America and to Japan In India the company's steamers Included also are two fall cargoes suffer from the uneconomie bei-to the Atlantic, and gulf coasta.

· The' possibility that the Port- diad competition of foreign lines Conditions in Australia have con- land docks would see much load- tinued to improve, and exports ing of grain this winter has added The & distinct note of optimism in have increased in volume. Chinese trade is more encouraging, shipping circles. The grain go- and Japanese exporte have subing to Ireland where northwest stantially increased.

ORIENT STEAM DIVIDENDS

RESUMED W

white wheat is wanted and is now within reach, will move › some time in December, it is expected.

One of the P and O's affiliated.The shipment will be carried by

Orient Steam the Danish motorship Nordfarer the companies, Navigation Co., is able to return and will be loaded at Tacoma, to the dividend list with a payment Washindwa TA of 5 p.e. Operating profits of 361 The plan for moving surplus 316, including £40.000 from prof wheat calls for a subaldy from the on sale nf investmente, enable Government which will pay the £219.810 to be utilised for depre difference between the domestic ciation and permit of the dividend, and the world prices. This spread wit £70,263 carried forward against though it is influenced by fluc- £71,060 brought in forma tuations will average approxi- Last year operating profits, lees | mately 20 cents, dealers have, ex- Joss on sale of investments, amount plained!

281

13

1M Gillette Safety.....

1,20 Gold Dust

0.60 International Harvester

International Tel, & Tel 4,00 Liggett & Myer

1.00 Loey's Ing

Montgomery Ward

2010: 2.90′′ National Biscuit

B

18+ Bid 10Bro

17Bale

1,00" - National "City Bank" 120 Nations) Dairy Products 0.80 Ocia Elevator M

126 Pacific Gas & Electio

Packard Motors

Ad Pennsylvania Railway

Radio Corp.

Rears Boobuck ve 1.00 Standard Brands ....

Standard Ga

3.00 Standard Oil Co. "of

Terney mo

Sopony Vacuum Corpn. 1.00 Texas Corporation

Trans-America

Union Carbide &

Union Pacific United Air and

United Corpo United State