1933-12-25 — Page 13

Daily Press 孖剌西報 All

.:.

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Bayeri

Bellers Balsa Nazninal

SATURDAY, DECEMBER 23

Bellers

Bayar

Baler

Banks

B.K. Banks.

Do. (London) ....... Chartered Banky Mercantile Bis "A" "O"

Do.

$1,820

$1,835

$1,836

£132 £15

*

8154

220

£25

$101

Bank of Bast Agia......

8121 306

N. C. & S. Barks

$7

$20

Am. 0. Fin. Corp: B..

Ch. Fiz.Corp. Ord. 8.

$5

Do Fret, 8

Insurances

$300

Canton Insurance... $310

$1.05

Underwriters

$300

$590

Union Insurances (««

$625

Chins Fires Serrures

$12 $680 $695

$160

F.K. Firesesseerge #6 International Assos. Š.

$285

Shipping

Douglatea....

(234)

416

Steamboate

$15

130

Indos (pref.)

$35

Do. (def.)"

$35

50/7

Shells

·60/-

$15

Waterhoat

$15.

Mining

63 str.)

Amtamoks ....

178 ota

ex div. $34.

Balateos

50 ots.

Baguio Gold

45 ota

dir. 838

Benguet Consolidated

$38

4

Do. Exploration

32 aty

H

130 cts.

Do. Goldfield

36 etu.

Big Wedge .........

29 ot

10

Gold Creek......

19

Ipo Mining

**

$71

Logons

Kailans

$5/-

$18

Langkats (single)

$18

$4.35

$4.45

16,65

Loans 8.

18.05

312.85) Raabi an

7.61/ex d.v.

Trench Mince

19/-

Venezuela Gold Fids

301

30ata.

23

36

Docks, WharrTES,

Godowns, ste

H.K. & K. Wharves. $116, Providents (old)... $8.75.

Do.

H.K&W. Docks

S. China Motors! A'

(new)....

$117 $1,80

31

16

18

Do.

$149

Shanghai Docks S.

$7

New Engineerings8.

$351

Hongkews

D.

Lands, Hotels, and

Buildings

H.K. Hotela e mo H.K Lands.....8. $70

Shangimi Lands...8.

Metropolitas Lands..

*

80 ct.

***!!

$148

$9

HONG KONG DAILY PRESS, MONDAY, DECEMBER 25, 1933.

MONEY AND MARKETS

H. K. STOCK

MARKET

SATURDAY'S OFFICIAL

QUOTATIONS

Saturday, Dec. 23.

Investment securities be once more coming into favour as as evidenced by the demand this morning for Banks, Unions. Star Ferries and Dairy Farms, the first two named being dealt in as $1835 and $590, respec- high as tively.

Sales Hongkong Banks $1835 Union Insurances '8590 Underwriters $1.65 Hongkong Lands 8704

Buyers

LONDON EXCHANGE RATES

20.43 Marks

93.56.

150.

(BRITISH WIRELESS `SERVICE.)

seem to

On Amsterdam Athens Belgrade Berlin.... Bombay Brussels Bucharest. Buenos Aires Copenhagen Geneva

Sterling Parity

Dec. 1.

12.10 Florin 8.14 375, Drachmae

Dec. 2. 8.143.

560,

370.

276,818. Dinars

940

240.

13.72

13.72.

1s. 6d. per Rupes

1/6 3/6

1/8.3/04.

36 Belgas 813,589 Lei

93.80.

850

47.50 per Poso

334 8. O.

Helsingfors

Hongkong Lisbon

Madridgin

Milan

Montevideo Montreal

110 Escudos 20,221 Prortas" ....... 9246 Lire 50.86d. per Peso

1/3 3/18 1094

1/5 5/10.

1091.

39 15/16.

824

+6212

357 8. O,

$51 9.0.

5.07

5.09.

New York

5.08

5.10.

Hongkong Banks 81835

nton Insurances $500 Union Insurances. #590 H.K. Fire Insurances 8260

Benguet Explorations 30 cts.

Ewo Cottons Sh.813 Hotels 88.20

Hongkong Lands 870

Realties 85.70

Star Ferries 8101

ina Lights (Old) 89.70

China Lights (New) 89.60

Macao Electrics 8231

Dairy Farms 8281

Govt. "Loans. 4 per cent. Frem.

Electrics 8734

Sellers.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

REPORT

Silver prices were substantially, higher on Friday to the extent of 1/3 for Ready and 9/13 for For- 34.15 ward, the quotations being 19 1/16 and 19 1/8 respectively. Biver ad- vices attributed the rise to Ameri; ea having bought. Offering were small. The tone at the close was uncertain In

rate. America the was higher at 4410. The tone was uncertain.

$6.20

170

$701

$30

$14

$5.50

HE. Realties.........

$154

China Do...

5137

Do. Debentures3;

$12.10

$12

Humphreys

New Asia Hotel

$50

$140

Asia Healties "A"S.

*Fu

Do.

"R".

$97

-Chincas Estates..

$13

Dotton Mille

Ewos

$117 Sbs Cotton........

8134 Zoong Sings. S. Wing On Tortile (S.)

Pahile Utilities

$70

$21.30] | Tramway! ...........

$13

#118 $13

$70

8211

$154 Poak Teams (old)...!

$16

"173

Do.

(now)...

371

$101

Star Ferrics skaters 310J

124

Yaumati Ferries... $231

$9.70

2

Chins Lights (old)...

$9.80

Bo. (new)...

$0.60 $0.30

$731

H.K. Electrica

173

$23)

Macao do.

$104

Bandakan Lights

130

Telephones C. Ita.

$30

$23

Do. X. Bts.

194)

$10

*Do. Rights

$11

China Bussa......8.

3/-

Traction

Do. (prof.). •

Industrials

$16

Malabon Sugara

$15

321

Caldbeck, ord.) 1

$191 Macgregors/pref.)B.

Canton Ives ***** Coments, (comb.)...!

#34

Do. "

(old)...

$2.46

10.

$2.45

(D«W),

ને..

set

Ropes

Fiscaliansous

$281

Dairy Farros) $28

**

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

Amusementë................ ....

310.10

3101

$21

32

50 of.

Ch. E'tainments.......

Constructions, (old))

Do.

(new)|50 cta

$4.45 Lane Crawford..... $4.45

$21.

Nanyang Tobacco... $89

Mickintoshs

$13.30 Bincares n

$6.30

Watsons...

$2.10

Wm, Powells

39

M.

8. 0.

411

32

United Theatres... 8,

prem.

HK. Bort. Loam... $1:34

Wallace Harper......

$140

8'ha!

Do.

81%, B. Ind. G.$ Bond... 78.

$140 HLK Wing On

$140

Asia Lands Limited

Gloucester Building Tel. 28380

We offer you a complete brokerage

service for the purchase

sale of

New York Securities Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of

The Hongkong Daily Press;

Canton Agents

John H. Ferguson & Co.

B. O. Shameen.

Tel 18624.

New York advices reported the opening rate at 5.10 and the closing rate at 5.10 1/4. The highest rate done" was 5.19,

With the exception of the Shang- hai rate which was unchanged at 110 3/8 and the Bangkok ratë which was put down to 130. other rates were put up.

Market.

Opened with indications of easiness but suddenly reacted; the tone being steady. Towards the close the market eased off slightly again,

February.

Sterling.

Calo

Paris

Prague

Rio de Janeiro

Shanghai

Stockholm

Vienna

Yokohama

Silver (spot)

Silver (forward)

War Loan

ON SHANGHAI:-

-16.87

18.150 Kroner: 22.40 *25.22) Franca

193.23 Marki 2007

4.867 Dollars 4.967 Dollars 18.159 Kroter 194.91 Frages 164.95 Kronen. 26.934. per Gold Milreis

18.159 Kronor

34.58 Schillings

40

19.90

951 S.0.

40, 10. 18.93.

2261.

19,90.

PRESIDENT

Liners

13

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

TO SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days

via Shanghal, Kobe, Yokohama

via Shanghai, Kobe, Yokohama. Honolulu

Fortnightly sailings Pro. Hoover .Dec. 29, Midnight Pres. Wilson.Jan, 18, Midnight Pres. Coolidge Jan. 28, Midnight Fros. Lincoln Feb. 13, Midnight Pros. Hoorer. Feb. 13, Midnight

Fortnightly sailings Pres. Grant Ja 8, Midnight Pres. Cleveland ....Jap. 19, Midnight Feb 2, Midnight Pres. Jackson .. Pres. Jefferson.....Feb. 16, Midnight Pras. Grant... Mar. 2, Midnight

ROUND TRIP FARES TO EUROPE & AMERICA.

Direct Special through ratos to Europe via United States. connectors with all A¤litan lines.

Choice of it lines across

United States and Canada, liberal atop-over privileges For Sight-Boeing." Full particulars upon applications.

Fortnightly via Svez to Europe & America

Fortnightly sailings on Saturdays via Mantis, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Genon, Marelles. New York and Boston:

83 23/39 110

83 17732.

.. 1104.

4 S. Q.

4 8.0.

1/31

1/5 13/16.

19.30%.

201

29 Nominal.

24.58d per Yen

1/2

1/2

18 0/16

19 1/16

Pres. Folk

Jan 6, 8 am. Pros, Adams ...... Jan. 290, 8 a.m. Pres. Harrison Feb. 3,8am."

19 9/18

4% 1013

191 1011

19.39

Closing Quotations

December 23, 1933. ON NEW YORK:-

Bank Bills, on demand 605

Credits, 4 months' sight 836

ON SAIGON

On demand

ON. LONDON ---

Bank Bills, on demand 38)

Telegraphic Transfer...

Credits, 00 days' sight.. nom

Bank Bills, on demand

$1

ON BATAVIA

Bank Bills, 4 months'

On demand

BT1

night

ON PARIS:-

Credits, four mouths'

sight

1/8

On Demand

ON MANILA: ---

On demand

On demand

'ON BANGKOK:-

On demand

118

On demand

130

Sortzigs, Bank Buying

Telegraphic Transfer... Bank, on demand

Rate

41

BAR SILVER, per oë,

1/52 19 1/16

ON SINGAPORE:---

ON JAPAN:-

ON INDIA*-*-*-

CHANCELLOR &

DOLLAR

Watching For Effect On British Trade

:

The Chancellor of the Exchequer, in a statement in the House of Commons declared that the fall of the dollar had not so far seriously affected British trade.

BANK & DORMAN LONG SCHEME

Denial In Court

(Special Air-Mail: Servies)

London, November 29. The proposed scheme for an Long amalgamation of Dorman and Co. Ltd. and the South Durham Seel and Iron Co., Ltd. the in was further discussed

Both comparités petitioned for Chancery Division recently.

Long and scheme and Dorman the sanction of the Court to the Co. also asked for corifirmation of a reduction of its capital from £11,243,146 to £1,750,678,

Mr. Wilfred Greene, KC. (for the scheme coming into operation, the companies), stated that, on Darman Long and Co. would pay

of

office as

follows:

Viscount

George

The situation was being careful There were sellers after the open- ing at 1/5 1/3, buyers bidding 1/sly watched, and if it were found 9/16 but offers at 1/5 17/39 were necessary to safeguard the intereste Locepted for near delivery for- of this country, action would be ward by transactions at 1/5 9/16 taken.

Our City Editor writes: for near and January and 1/8

The Chancellor's statement caused 10/32 January. Towards the close buyers came out again at 1/8 9/16 very favourable impression in the City. It gives no support to the and business was done for January idea-nor is there any such up delivery. At the close there were sellers at 1/5 19/39 December position-that any vigorous action January and probably 1/5 19/32 is necessary at the moment,

But City markets are glad to compensation to the directors of February, buyers at 1/5 9/16 have the assurance that the Govern- the South Durham Co. for loss December/January and 1/5 5/5 ment are fully alive to the possi

bilities of the situation, and ready Furness, £1.714 a 6d Mr. Char- US Dollars.

to take action in the event of les James Bagley, MI. Opened with sellers at 87 7/16, British interests being seriously Short Barwick, Mr. Edward Lloyd buyers bidding 37 9/16 but business

(as secretary,) Arthur Sladden was 300n dong at 37 9/18 for near menaced, Welcome also was his Pease, £857 7s each; and Mr. reassurance as to the sound posi delivery. Towards the close offeretion of the Exchange Equalisation £4,500.

In the case of the directors of at 37 1/2 were accepted for the

Find. 27th of December and also January,

This was one of several favour. the Cargo Fleet Co., who would finishing with sellers at 377/18 able developmente affecting markets retire on the scheme coming into December/January, buyers at 1/16 yesterday. Others were the con- operation and be replaced higher respectively.

ciliatory interview given by Hitler nominees of Dorman Long and to a French newspaper; reported Co... the compensation would be: brighter prospecte for some pro- Viscount Furness, £1,500; and Herbert Ballard, Mr. G. 8. gress in French Budgetary reform; and, finally the sharp recovery in Barwick, and Mr. É. L. Fease,

£1,000 each. Actually the dollar, after reced- ing to 5.41, recovered to $8.98, and closed with a net improvement The of fourteen cents at 6.273, French franc touched 64 1-16, but finished 3-8fr firmer on balance at

Yen.

1

Merchants were quoted at 190 1/4 for near delivery.

Shanghai Dollars, Shanghai Dollars were quoted at the dollar. 110 9/16 for near delivery,

Shanghai,

Early advices indicated sellers at 1/3 7/6 January but towards the close buyers were indicated at that rate, sellers at 1/3 13/16 December, U.S. Dollars,

Early advices indicated sellers at 34 for January but towards the close buyers were indicated at 33 15/16 for near, sellers probably at 33 7/8 for cash,

* DIVIDEND OF 644 P.C.

Hotel Co.'s Payment

83 0-32.

*

The impact of these varions favourable influences on the Stock Exchange was very noticeable, and a recovery took place in most see tions For the first time in many days, active buying was in progress, The market for British Govern ment bonds was prominent, War Loan closed at 100.7-18

and

Mr.

by

Mr. Harold Chrifle, for Deben- ture holders to the amount of £133,000, opposing the scheme, read an affidavit by Mr. Arthur Reginald Linsley, a director of T. Linsley and Co... registered hold- ers of £3,202, 5 per Cent. De- bentures in Dorman Long and Co.

Referring to the circular-" "ac- companying the notice convening the meeting in July last to con der the scheme, the amdaɣit stated that the circular said, the trustees for the Debenture hold- ers recommended the scheme, but did not point out, that the trustees were Barclays Bank, who were creditors of the company

Mr. Christle Bald he bid just, now learned for the frit time that the amount was £600,000,

A dividend of no less than 44 Canton Silk Market for a large amount.

of

D.c. is to be paid for the third successive year by the Strand Hotel Ltd. on its Deferred Or

From the Kwangtang Raw Silk dinary shares, which are owned Testing Bureau, Department by J. Lyons and Co. The com-

Reconstruction, Canton, China; pany OWNE the Btrand Palace

Canton Quotations. and Regent Palace Hotels, con-

December 22. trols the Palace Hotel, and has a part share in the new Cumber Extra, 08 13/15, ELK. 3580N. land. Hotel.

Small Extra OB. 13/15, 480N Crack N... 37UN PARIS Extra Extra 20/32, HR. $3301. Waste NB, Open, HK 853N.

ama Quotations. Tokohama

December 23. Epot, Ten 570," Bourse 6 Months, Yen. 584.

The amount of the privately- owned Deferred shares is only 25,000 out of a total share capt tal of £735,000. If these shares were quoted on the Stock Ex change on a yield basis of 4 De they would stand at £180 per £1

share.

Mr. Charles Mitchell, chairmán of Dorman Long and Co-giving evidence, repudiated the sugges tion that the fact of Barclays Bank being vitally concerned, in the passing of the scheme was deliberately concealed in the dr culer issued by the board. He said I was common knowledge, It was quite untrue that this was. a scheme of the bankers and not of Dorman Long and Co. There were to be afteen directors of the new concern, whose remuneration would total £23,600 a year,

Prek Hayes.

Feb. 17, 8 a.m. Pres. Johnson Mar. 3, 8. Free. Mpurba,...

TO MANILA

Next Sailing............ Pres. Grant Dec. 30, 6 p.m.

Pres. Polk Jan. 6, 8 am Prai. Whion ........ Jáň. 9, d pimi Pres. Cleveland......Jan. 13, 6 ..

t

Fros. Coolidge.

Jan, 18, 9 p.m.

Jan 20, 8 4.m.

Pres. Jacksen

Jan. 27, 6 p.m..

Près. Adams

Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOAÏNGA

STEAMSHIP LINES

DOLLAR

AMERICAN

MAIL LINE

FEDDER BUILDING-HONG KONG.

GASTON, BRANCH -4, #BAZIZ

ROAD,

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD. QUOTATIONS (INCORPORATED IN HONG KONG).

Tel. 28380-Gloucester Building, Boom. 306.

"(ESUTER'S AMSËIDAN SUBVICE.)

New York: December 22. Dow Jones Averages:

80 Industriale

20. Bails

90 Utilities

40 Bonds

Commodity Index

Low: Dec, 29

High----1832

108.87

41.22 98.87

56.33

13.33 40.37

37.73

16.58 22.09

89.07

Deo., 93 Change 98.04.83 down 40.232,14 dỡwn 11.03 01 up .10 up

85.78 83.01 2:83.11

47.0, closed.

Asia Landa," Limited, has received the following report form their New York correspondenta, E. A Fierce & Co. We like the action of the market today and believe that higher prices are indicated As a matter of opinion, we feel that, when the year-end selling is over, utilities may state a fair rally,"

Business Done: 40,000 shares.

-1932

Div. Low PIE SEL

...

LAST BALE Dea, 12. Dec, 23-

Hioj

100

301

3.00 Air Reduction

$091

$981

1427

49

6.00 Allied Chemical & Dye nin

*147

148

298

พร

4.00. American Can

07+

1. 429

American Smelting......

45%

1372

701

0.00 Américan Tel, & Tel.

942

44

∙131

H

1.00 American Waterworks

5.00 American Tobacco "B"

107

100%

Anaconda Copper Mining

17

17

201

2.00 Auburn

14

Bendix Aviation, ......

18

1.60 Borden Company

10

Canadian Pacific

19

201

125

100

18

JI Case............

0.50 Caterpillar Co.

684

24

178

47%

1.40 Chass National Bank

17Bid

1.00 Chrysler Motors

3.40 Consolidated Gae of N.I....

Curtiss Wright

29

382

2.00 Du Pont de Nemours... 3.00 Eastman Kodak ............

Electric Auto-Lite Co.

Electric Bond & Share ...... Electric Power and Light..

0.40 General Electric

1.80 General "Foods.

1.00 General Motors

401

101

1 Gillette Safety......

B1

1.20 Gold Dart

67

* * * * F * = * * * * 389-547759252AESTANCJACHÉE 270225268.

40.00 Infarnkuðnal, Har

International, Tel

4.00 Liggett" &” Myerb "B' 1.00 Loo's It.

-Montgomery Ward 2.90 National Biscuit 1,00. National City: Bank 1.20 National Dairy Pro 0.00 Otis Blevator To Pagine Gas & Elec

Padera Motors UC Penna Ivánik Bhilwày Radio Corpn.

· Stery Rosback- 1.00 Blandard · Bründa

Standard Gas 1.00 Standard Oil Co.

Jersey A Bocony-Veedu "Corpn. 1.00 Táxis Corporatio

Trans-America Union Carbide & Union Picifo United Air und) United Corpo United States: *Fertinghouse P

17P

ཧཱུྃ་བྷ་ཏྲྰཾ་ཧྲྰི་རྩ་ཛ་རྡོ་ཚོ་སྐ༣་སྐཚོའྲི་ཨོ་སྒམ་སྨê་མྦ་སྒ་གནྡྷ་ཨྠཀྰདྷཝེཊཨཽ༤ནེེཝ༠ནཱཙིཙྪཝེཊིབྷཱཝ, དྷཀྑཧིཝཎྞཏྟཏུཝནྟི

46

174Bid 18 Bid

15

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