DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers
Association
HONG KONG DAILY PRESS, WEDNESDAY, JANUARY 31, 1934.
MONEY AND MARKETS
LONDON
EXCHANGE RATES
(BRITISH WIRELESS SEDVICS.)
QUOTATIONS
À featureless and uninteresting | day, with prices, inclined to 8. Hotels and Telephones were under
Sales.
Providenta (Old), · $2.70. - Hotels, $6.40,
Buenos Aires Copenhagen
Genevs Helsingfors
Lisbon
.......76,316 Dinars ?
*** 20.43 Marks 13.24)
la. 6d. per Rupee 1/6 3/32
36 Belgar 22,55 813,588 Lei 530 47.56d. per Peso 361 $.0. ... 18.159 Kroner 22.40 ...22 Francs 18.20
193.23 Marka: 2261
vinna 1/54
110 Escador 110
25.221 Pesetas 391 ....... 92.46 Lire 59.15/18
Telephones (New), $13.
Hongkong
Buyer Silere.
Satan Nomlar]
TUESDAY. JANUARY 30,
Buyers
Lineilies
Antun Mazins2
H.K. STOCK
Banks
H.K. Banks
$1,800
$1,850
MARKET
E26)
Do. (London) ... 2138 £157 Chartered Banks
Mercantile Bks. "A"
216
21s
On
£12
Do.
"C"
2} n
$103
Bank of East Azib.......
YESTERDAY'S OFFICIAL Amsterdam
Starling Parity
Jan. 27.
Jan. 2.
3103
N. C. & S. Barka
Athens.....
110 Florine 7.52 375 Drachmas 545 sellers
7.82
545
37
190
Am. O. Fin Corp
Salgrade
230
Ch. Fin. Corp. Ord. 3.
Berlin .....
13,25
36
Do Prof. 8
Insurances
Canton lusurances......
Bombay ..... Brussels Bucharest ....
1/6 3/32
22.524
530
$320
$310
31:60
Underwriters
pressure.
361
$1,65
22.40
$580
Union Insuran085 ....
$580
16.19
3525
China Fires. ********
3525
$280
i i
$11
75;76 cts.
340
Waterkonta
Mining
Amtamoks....
Bajatcos
61 eta. Baguio Gold........ $38 Benguet Consolidated 33 cta Do. Exploration,
Do, Goldfield
Wedge
130.011
123 ct. 31 Creek..
liogons
Shipping
$30
Steamboats
$30
Indos (pref.)
Do. (def.)
55/-
Shella
H.K. Fires..................
38.30 International Assos. 8.
Douglases i.......
2261
$275
1/5.15/16
-110
138
39 1/16
$1B
591
$30
$0.88 Jer Peso 37.9.0.
37
$30
Indo-Chinas (Def), $33.
5.02)
51/
Raubs, $12.80.
4.967 Dollars 4.98
4.981
$15
Docks, $123.
18.159 Kroner 19.90
19.90
-76/7€ lot.
...........
Ewo Cottons, Sh. #13.30.
Hotels, $6.35.
50 cta.
Rio de Janeiro.
124.91 Francs 79 31/32 164.25 Kronen 106 28.93d. per Gold
79 20/32
103
Hongkong Lands, $731
$36
Milreis 44.0.8.
1/4
41.
1/41
19.391
23 cts.
20
18
89
Ipo Mining..
871
28/U
Kailans
28/-
$17
$4.65
16 85
$12.60
Explorations.......
Shanghai Loans S.
Ranbs
Trouch Mince
36.20 Venezuela Gold Fids,
Langkata (single) 8
$178
24.65
$4.85
Hotels, $6.45.
$123
1/2 15/18
19 5/16
19 9/16
19 5/16
-194
2% 1011
101 5/18
60 st.. 70 via,
'Madrid
Buyers.
Hongkong Banks, $1850.
Canton Insurances, 8310.
Providents, (New), 60 ets..
Milan Montevideo Montreal
New York
Oslo
Humphreys, $12.
Electrics, $76,
Macao Electrics, $234.
Dairy Farms, 8291.
Govt, Loans,.5 percent Prem,
Sellers.
Union Insurances, #580. Providents (New), 70 cts.
THE EXCHANGE
Paris
Prague
Shanghai Stockholm Vienna. Yokohama...!
Silver (spot)
Bilver (forward)
War Loan
4.867 Dollars 4.01)
18.158 Kronor 19.39+ 34.58 Schillings 29
24.584. per Yen 1/2
Closing Quotations
ON NEW YORK:-
Bank Bills, on demand 37 Credits, 60 days' sight, nom ON BATAVIA :~-
On demand
878.
Bank Bills, on demand 898
January 30, 1934
Docks, WharYOS,
ON LONDON:-
•
Godowns, sto.
Telegraphic Transfer..."
$118
H.K. & Whares.
113
$2.87
Provident (old)
---32.50
MARKET
Do. (new)60 ota,
Bank Bille, on demand Bank Bille, 4 monthứ
ight
31
G
·ON PARIS-
H.K. & W. Docks
$12
13
Credits, four months'
$6
S. China Motors' A'
24
HE
Do.
#4
3147 Shanghai Docks S.
$6.60 New Engineerings. 1345 Hongkewa
1.
Landa, Hotels, and Buldings
$147
MESSRS. KOZA BROS. REPORT
night
1/02
ON SHANGHAY (---...
ON SAIGON :-
On Demand
110
ON SINGAPORE:-
ON MANILA-
On demand
..... 631
On demand "
ON BANGKOK :----
1842
Credite, monthự night 625
On demand
13
PRESIDENT
Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days
via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings" Pras, Lincoln Feb. 13, Midnight Pros, Jackson...Feb. 2, Midnight Pres. Hooves ...Feb. 24, 10 am. Pres. Jefferson.....Feb. 16, Midnight Pros. Cleveland ...Mar. 19, Midnight Pres Grant Mar. 2, Midnight Pres. Coolidge ...Mar. 24, 10 am. Prea. McKinley ...Mar. 16, Midnight Pres, Taft Apr. 10, Midnight Free. Jackson...Mar. 80, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA.
Direct Special through rates to Europe via United States.
Choice of rail lines acrome connections with all Atlantic line. United States and Canada, liberal atop-over privileges for Sight-seeing, Full particulars upon application:
Fortnightly via Suez to Europe & America
Fortnightly shilings on Saturdays vis Manila, Straits, Colombo, Bombay, Buez Canal, Alexandria, Naples, Ganoa, Marseilles, New York and Bostoni
Pres. Harrison......Feb. 3, I Prou. Hayes ... ...Feb. 17,8 a.. Pres. Johnson ......Mar. 8, am. Pres. Monroe. ̧*
Mar. 17, 8 a.m.
Free. Van Buren ...Mar. 81, 8 am, Pres. Garfield ..... Apr. 14, 8 a.m. Pres. Polk
Apr. 28, 8am. Pres. Adams May 19, 8 am,
ΤΟ MANILA
.
Next Salling.. ..............Pres. Harrison Feb. 3, 8 a.m.
Pres. Lincoln Feb. 6, 6 p.m. Pres. Jefferson ......Feb. 10, 6 pan. Pres, Hoover. Feb. 15, 9 p.m. Pres. Hayes... Feb. 17, 8 a.m.
Pres. Grapt Feb. 14, 6 p.m. Pres. Johnson......Mar. 3, 81a.m. Fres. Cleveland Mar. 6, 6 p.m. Pres. McKinley Mar 10, p.
Connecting with 8.8. MAYON To CEBU," ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES
AMERICAN
MAILLINE
XDDIE BUILDING ĐÓNG 1000.
CANTON BRANCH 2--4, SHAKER ROAD,
T
$731
$8.45
112
$13.30
:
-
H.K. Hotela ****
$6.45
H.K Lands.
$754
$31
Shanghai Lande...B.
$14
Metropolitan Lands..
166t!
H.K. Healties......... 10 80
$880
$14
Chins Dona
$137
Do. Daboatu esS.
113
New Asia Hotel
Humphreys ............
Asia Realties "AS.
Do.
Chineas Estate......
Cotton Mille
"B" 8.
$140
320
$97
Ewos
$119
S'hai CottonS..................?
8134 Zoong Sings
S S.
#67
Wing On Textiles(8.) $67
$23
Pabile Utiliting
Tramways mate
$15.90 Peak Trams (old)...!
+
China Lights (old)... $10.40'Or Cd
Sandakan Lights...
Talephones (old)
ne
150
Suver prices were substantially higher yesterday to the extent of 1/4 for Ready and .5/18 for Forward: the quotations being 19 9/16 for Ready and 19 5/8 for Forward. Silver. advices reported America and China as having bought. Subsequently America sold at 1/16 under the quoted rates. The market was "easy at the close. In America the rate rose 1 cent to 44. 5/8 for Spot. The market was armi,
New York advices reported the $13.40 opening rate at 4.98 3/4 and the closing rate at 5:01 1/4. The mar- ket was uncertain.
$10.6
Market
Opened with indications of firm- ness but subsequently the market reacted, the tone being week.
Sterling
Opened with buyers at 1/6 1/4. sellers probably at 1/6 3/16 but the buying rate soon receded to 1/6 6/32, 1,8 1/8, 1/6 3/32, busi- ress being done at the last rate for March delivery followed by $271
transactions at 1/6 1/18 for near $13.30 The market closed at lunch time with sellers at 1/6 1/16 for near and 1/6 3/32 March, buyers at 1/32 higher respectively.
118
the
2231
$73
Do.
(new)...)
$16 371
$101
Star Ferries
$101
1241
Yaumati Ferries...
$231
$10
$10.
Do. (new)...
$4.40
Do
Rights $43
378)
HK. Electrics
378
$231
Macao do.
327.10
113.
DOA
(DOW)...
$12
China Buses.......
3.
Tractions
isj-
Do. (pref.).....
Industriala
$15
1 Malabon Sugars ...
$13
$21
Caldbeck, Ford.) 8.
319 Macgregor (prof.)8.
$23
Canton Ice .........*** Cements (comb.)...
321"
Do
DX.
(old)... (Dew)...
90
53.90
$7.10
$6.90
¥B*
$291
11
310)
Ch. Ftalamente.........
310
13
Constructions, (old)
$21
1,50 at~,;
Do. [new] 50 ets
52.pta.
$4.10
Lane Crawfords......
$4.10
$21
Mackintoshi
Nanyang Tobacco...
34
3131
17.60
Watsons"..
$1.60
Wm. Poweliz.......................
1
12
M. Greyhounds......
8. O. Enterprisen
vik
United Thestres... 8,
81%
B. Ind. G. Bonds... 78'.
H.K. Gora, Loans.... $105)
19
Wallace Harper......
$140 EL.K. Wing On
$240
S'hai Co.
$140
Rope...................................
Miscallansons'
Dairy Farmaresta Der A Wings...........
Amusamente......
312.20 BincoPON ....
Asia Lands Limited
Gloucester Building
Tel. 26631 (Two lines)
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
the Financial Page of
The Hongkong Dally Press
Canton Agents
John H. Ferguson & Co.
38, B. C. Bhameen
Tel. 18624
U.S. Dollars
Opened with buyers at 38 but the buying rate gradually receded to 37 3/4 at which rate some busi- ness was done for February' de- livery followed by transactions at. The market 37 13/16 March, closed at 1 p.m. with sellers at 37 9/16 January. 37 5/8 February and 37. 13/16 March, buyers at 37 11/18 for January-February and 37 7/8 March.
Чед
ON JAPAN
On demand ON INDIA:-
Telegraphic Transfer... Bank, on demand... Jeet"
11
On demand. 12:4
SOVEREIGNS, Bank Buying
Rate
1/6
BAR SILVIR, per of ....... 199/16
BRITISH - AMERICAN TOBACCO co.
Satisfactory Results
"-་་
bacco. In addition, and this has teen indubitably proved in many g your territories, when a smoker The thirty-first annual generalis prevented from using what he meeting of British-American To- prefers, and is driven by taxation bacco Co., Ltd., was held to-day in a smoke something he does not like as well, his aggregate using of London.
tobacco is substantially less, and the Government's re- therefore venue is less than it could have been, and the tobacco manufac- smaller. -I turer's business, la simply want to point this out to you as one of the difficulties un der which we suffer which-in my opinion-is largely avoidable.
Sir Hugo Cunliffe-Owen, Bart., the chairman, presided and in the course of his speech sald: The ac counts show a net profit for the year, after deducting all charges and expenses and providing for income tax, at £5.403,085, a de- crease of £35,167, which, under present conditions, 1 trust you will find satisfactory.
During the year under review we have had two main difficulties to contend with.
Unscientific Taxation
The first is unscientific taxation of Tobacco and its Products and
Chaotic Exchange Position ( The other main difficulty which confronts us and all people doing 4. foreign business is the chaotic position of the world exchanges. In many countries the exchange rate is nominal; in other countries
he second is--the chaos existing you cannot remit at all, "and in in the World Exchanges. Under some countries you can 'only' remit the Arst heading. I think I have under the most stringent Govern- told you on a previous occasion.ment regulations for the purchase World trade, on that a Tobacco Manufacturer is of supplies.
Merchants were quoted at 128 Authorities for near delivery."
Shanghal Dollars
NEW
ASIA
YORK STOCK EXCHANGE
LANDS, LTD., QUOTATIONS ·
(INCORPORATED IN HONG KONG).
Tel. 2830-Gloucester Building, Room 306.
(REUTER'S AMERICAN SERVICE.)
New York: Jandary 29,
Dow Jones Averages High-1833/34. Low: Jan, 27. Jan, 18. Change
30 Industrials.
20 Rails
20 Utilition
40 Bonds
Commodity Index
108.27
11.16 108.03
-107.30 1.87 up
56.63
28.13.48.90
49.08
.83 up
37.73
19.32 36.45
26.87
41 up
69,07
73.21 88.98
89.15
17 op
60,44
41.98 02.58
53.51
.94 up
Asia Lands, Limited, has received the following report from their New York correspondents. E. A. Pierce & Co. The undertons of the market is stronger and we believe that motors and steels should lead.
Wheat: Cold weather, possible crop damage and higher prices aided, a good rally, but outaids interest, which is necessary to maintain the advances, is still absent.
Cotton: Prices are up on trade and speculative demand. Silver: The market is active and firmer on the recent news from Washington regarding the President's Monetary Bill
Business Doze: 2,720,000 shares."
LAST BATZ
1935,
Drv. -
Нисв
Low
PIR SE
Jan, 27. Jan, 29.
11%
42
3.00 Air. Reduction
i
-$100 $102
149
70
6.00 Allied Chemical & Dys
1537 1641
.Dok
494,
4:00 American Can
99%
1004
American Radiator.......
161
164
55" 13422
941
101
American Smelting.
"431
452
463
9.00 American Tel & Tel.
3317
118%
5.00 American Tobacco "B
754
784
1.00 American Waterworks .............
22
221
t
Anaconda Copper Mining
154
842
21
2.00 Auburn
517
6
Bendix Aviation
37%
18
1.00 Borden Company
23
16
T
20
103
301
J. I Casewage
771
0.50 Caterpillar Co
281
·402
15%
1.4 Chase National Bank
27 bid 28 bid
71
1.00 Chrysler Motors
64
81
421
4
·2.00, Da Pont de Nemoura
984
1001
40
3.00 Eastman Kodak
871
28
10
10
0% Electric Bond & Share
173
18
Electric Power and Light...
adjus
to all'intends and purposes-a tnx which in the end every nation is gatherer. He pays in the first dependent for its prosperity, can- place the tax or excise imposed by not really recover until this ex- Governments on the goods he sells change business is settled some- and charges it to the consumer. how and in some way which will He does not and cannot pay any render the exchange of goods and of the taxation himself. His In services from one country to an- terests and those of the Taxation other easy, practical, and proft-
in
particular able to both parties. any
Taking all these difficulties- country are really the same. The traffic will bear so much taxation which I hope time will cure-and
account, and that taxation should be equit that speedily into Were quoted at 110 7/18 for near ably divided between the various think we have no reason to be delivery.
forms in which the Tobacco goes dissatisfied with the results of the Shanrbai
o the consumer.
year's trading now under review. Now-unfortunately, We con- We do a world-wide business and tinually suffer from, what I call have factories in practically all unscientiae taxation. Some tax countries of the world which ing authority somewhere or other have not zot Government Mono- gets it into his head that he can polles The world depression has tax Cigarettes - much- more than forced the smoker- all over the Cut Tobacco He puts 2 much world to use cheaper goods on higher duty on Cigarettes than on which the amount of proft is Cut Tobacco and his Government naturally smaller than on more at 34 7/16 but the rate soon drop-suffers because the Cigarette basi-expensive goods, and we have en-
place
Early advices Indicated sellers at 1/4 1/2 but a reaction took and the rate gradually receded to 1/4 1/4 business done for near delivery. There were sellers at 1/4 1/4, buyers at 1/4 5/16 February,
Early advices indicated sellers
U.S. Dollars -
ped to as low as 33 15/16. buyers probably at 34 for near delivery.
IN THE AFTERNOON The market. was quiet in the afternoon, the tone being inclin- ed to easiness.
Sterling
Business was done at 1/6 1/16 for near and 1/63/32 March, closing with 'sellers at 1/8 1/32 January-February and 1/8 1/18 March, buyers at 1/8 1/16 January-February and probably 1/8 3/32 March.
U.S. Dollars Business was done at 37 7/8 for March delivery. The market clos- ed with sellers at 37 9/16 January, 37 5/8 February and 37 - 13/16- 11/16 March; buyers at 37 January-February
and 37 7/8 March <
Shanghaii. -Business was done at 1/4 5/18 for February delivery. There were buyers at that rate, sellers prob- ably at 1/4 1/4 January.
U.S. Dollara..
Bellers at 34, buyers probably at 1/16 higher:
:
ness on which he tries to get in- deavoured to adjust our policy as creased taxation decreases and the far as may be to meet these con- Cut Tobacco business on which he ditions.
gets less revenue increases, added į Let me conclude by saying th
to which he increases unemploy- there are many little signs of bet- ment because. it takes far more ter times on the world,horizon, labour to manufacture Cigarettes and so far as we have the results than it does to cut Smoking To-
Canton Silk Market
From the Kwangtung, Raw Silk Testing Bureau Department of Reconstruction Canton.
Canton quotations
January 27. Extra O.8. 13/15 HK 152IN. Small Extra. 08. 13/15 HK
SABON,
Crack NB. 14/18 HK. $365W.. Extra Extra 20/22 HK SKBON,” Waste N.S. Open HK. SUN:
Tokohama Quotations January
Spot Ten810. Bourse 6. Mog. Yen824.
of the current year before us as compared with the same period f last year, our sales show a quite substantial advance.
The report and accounts" were" adopted.
REICHSMARK QUOTA.
TIONS
[Special to the Hong Kong Dally, Fress" (Copyright;}]
Berlin, Jan. 29. Reichsmark quotations (without guarantee) -
New York
Paris
Amsterdam
Paris Sterling
Dollar
37:58
602.0
58.00
79.78%
16.035
Transocean. Kuo Min
46
104
Canadian Pacific
3.40 Consolidated Gas of NY,
Curtiss Wright
Electric Auto-Lite Ca
0.40 General Electric
1.00 General Foods pirms YILDI 1.00 General Motors
- Gillette Safely mirimonyvesan
1.90 Gold Dut
0.00 International-Harvester
International Tel & Tel. 400 Liggett & Myers B
200 Loew's Ic
Montgomery Ward:.....
2.80 National Biscuit
1.00, National City Bank amin 1.20" National Dairy Products 0.00 Oth Elevator
1.'0. Pacific Gas & Electrio Ma
Packard Hotora -6.
-
Peonaylvania Bailway
Radio Corph, degan Segre Roobuck
-1.00 -Standard Brands
Standard Gai
1.00. Standarë "Oil €6, * Jersey 100
Bopoty-VROUE
1.00 Texas Corporatio
Tease-America.
1.00 Union Carbide &
Union Pacific j
United Air- and. Transpor United Corporation: United States: Steel Westinghouse E.
807
194
19
121"
151
ཨཱནྣཾབྷཱཝུགནྡྷནྣཨྰཿཐཱཙསྶཛོeཌནཏྲསྶིབྷསྨ8ཡནཔྤཎྜཉྩཱནྟི=སྶ7-+ཚོRFBRམཱནཊྛཉྩ
184
181
189
·457**
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