1934-02-26 — Page 15

DAILY SHARE "QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

SATURDAY,

Bayern

Jalna (Nomisal

Bayar

Bolları

Salan

FEBRUARY 24.

$35

$118

$9.80

30 sta.

ค

1,820/1,825

£138)

218

228

ยาม

Banka

H.K. Banks..................

Da (London) ....... Chartered Banker”...

Mercantile Bis. "A"

Do.

$96

Bank of East Asia........

NO. 8. Banks

$20

Am. O, Fin. Corp: B

#

Ch. Fin. Corp. Ord. N.

Canton Insuran.com.

$310

Do. Prof. B.

Insurances

Underwriters

3870

Union InanrSNOUR ...

China Fire

1283

H.K. Fires......

279

35.20 International Assoe. 8.

$124

330

shipping

Douglases .....

Steamboats

Indos (pre)

$31 Do. (def.)

3574 Shells

$11 Waterhoata

Mining

76 ctr..Amtamoka ......

$40 Balatcoa

54 ots. Baguio Gold

72 cts.

⠀⠀⠀⠀⠀⠀⠀ *** T**RE MOR

HONG KONG DAILY PRESS, MONDAY, FEBRUARY 26, 1934.

MONEY AND MARKETS

(BRITISH WIRELESS SERVICM.)

$1,890

H.K. STOCK MARKET

LONDON EXCHANGE RATES

136)

£13

395

巴差

$310

$1.40

1560

3975

$36

$12

BIL

FIL

$40

Benguet Consolidated

$38)

100 cl.

Do. Exploration,

30 cts.)

30 uta.

Do. Goldfold

¡14 at

SATURDAY'S OFFICIAL

QUOTATIONS

On Amsterdam

Athens

Further transactions were effect" | Belgrado

éd in Electrics at this morning's | Burlin "........... session at $77, at which rate Bombay.... tuyers

were still unsatisfied, but Brusseli sellers were willing to part at $78. Bucharest Sales of Hongkong Lands are also Buenos Aires reported at $71, and some substan- Copenhagen tial lots have changed hands. The Geneva..... rest of the market was very quiet.

Helsingfors N.B. It is intended to suspend the Hongkong Issue of these Dally' Summarles Lisbon for the duration of the Races. 3fadrid.

Sales

Milan Montevideo Montreal

Hongkong Banks, $1820/1825. Raubs, $14.

Hongkong Lands $71.

Hongkong Trams, $21,80,

Electrics $774/778.

« Telephones (Old), $254.

#

Buyers

Douglases $35.

Wharves, $118.

Providents (Old), $2.60.

Providents (New), 30 cents.

Ewo Cottons, SH, $134,

Hongkong Trams, $21.80."

Telephones (Old), $25.

Telephones (New), $1285.

Canton Ees, $2.

Cements (Old), $2.55%

Cements (New), $2.55.

New York

Oslo

Paris Prague

Rio de Janeiro

Shanghai Stockholm Vienus...... Yokohamaa Silver (apot)

Starling Parity

19.10 Florin 376 Drachmae 274,316 Dinar ... 90,43 Marks

is éd. per Rapes

36 Belg 813,568 Lei 47.58d. por Pero

18.159 KronA

25.294 Franci 193.93 Marku

Fob. 23. 7.671 530 9.

Feb. 21. 7.573 530 3.

105

12.85+

12.86

1/6 3/32

21.85

$121

36 S.O. 22.40 15,771

1/8 3/32

21.85

510

PRESIDENT

13

iners

SPECIAL SUMMER

ROUND TRIP FARES

Hong Kong Residents will be interested in the news, of greatly reduced Summer Round Trip Fares" to AMERICA and JAPAN.

TO AMERICA these rates are available on "President Liners sailing between June 1st and July 31st.

"return limit September 30th.

11

Final

*361 5.0.

22.40

1st Class

Tourist Class

15,78

2261

226+

1/6

1/6 3/8

110 Escudos

1001

1091

...... 20.22) Pesetas

371

ST

9246 Lire

588

59+

Hong Kong to Victoria & Seattle

and return... US$482.00 Hong Kong to Honolulu and return. US$360.00 Hong Kong to San Francisco

US$240.00 US$196.00

60.884. por Peso..

371 8.0.

38 S.Q.

ᎨᎰ

and return... US$450.00

US$240.00

5.10

4.867 Dolları

5.10

4.067 Dollar!

·5.07+

5.07.

19.90

77 13/32

+77 13/32

123

1221

4 S.O.

4 s.Ov

1/4 9/15 19.394

281

1/2 7/82 201

1/2 7/32

20 11/18

21%

Silver (forward).

War Losa

18.159 Kroner 19.21.Franca 184. Kronen 28.93d. per Gold Mitreis

18.159 Kronor 34.39 Schillings "24.56d, per Yea

19.90

1/4 9/18

19.394 28.

Fares on s.s: "President Hoover" and "President Coolidge" slightly higher.

TO JAPAN fares apply from June 1st to September 30th.

with return limit October 31st.

16

Hong Kong to Kobe and Return

ON LONDON:-

Closing Quotations

February 24, 1974,

Bank Bills, on demand)1 61

1 ON NEW YORK:-

Bank Bills, on demand 33)

Credits, 60 days' sight. nom

ON BATAVIA :-

...On demand

Bank Bills, on demand s86

714

$14

26 ota. Big Wedge

Gold Creek.

Ipo Mining.

Itogons

Kallans

Langkata (single)

14

17

#71

26/0

317

*

16

Tronoh Mines

Jej

Explorations......

Shanghai Loans

Raaba

Vecozuela Gold Fida.

Docks, Wharves,

Godowns, ets.

H.K. A K. Wharves.

Providents (old)

Do. fuew)

H.R. & W. Doeken

27-

1171

$47

$6

Electrics, $77.

Macao Electrics, $233.

196

561

3110)

-9.70

Dairy Farms, $274.

3D ste,

"Govt. Loans, 64 per cent. Prem

Telegraphic Transfer...

$14

Sellers

12

4H

8. China Motora A

Do.

$2

Bank Bills, 4 months!

572

"B"

$2

$145

Shanghai Dockà S.

$145

China Underwriters, $14. Electrics, $78.

sight

1/61

ON PARIS

Credits, four, months'

18.60

New Engineeringas,

sight

1/7..

Credits, 4 months' aight 695

$251

Hongkow

By

ON SHANGHAI ;---

"ON SAIGON

Lands, Hotels, - pad

On Demand

110

On demand

A**

16

$71

$24

Buildings

H.K. Hotels......... HK Lands.........6. Shanghai Lagda....

div. 3711

THE EXCHANGE MARKET

ON SINGAPORE :--

ON MANILA:-

On demand

848

On demand

TEX

ON JAPAN:-

ON BANGKOK ¦---

On demand

127

On demand

$14

Metropolitan Lande...

ON INDIA:-

SOVEREIGNS, Bank Buying

$8.30

H.K. Realties...

16.30

Telegraphic Transfer...

Ratë

1/81

$120

Chias Do..............8.

Bank, on demand

100

BAR SILVER, per.oz,

$137

Do. Debentures3.

$112

REPORT

Hong Kong to Yokohama and retura

For further particulań apply –

First Class

HK$225.00

HK$255.00

LINES

Frequent sailings..

DOLLAR STEAMSHIP

AMERICAN MAIL LINE

ZADAR BUILDING-KONG KONG.

CANTON BRANCH:-4, WAKEE ROAD.

3140

320

387

#131

Ewos

JB $13.30

$110

Shai Cottons......S.

$134

$11.20 Humphreys "......................

New Asia Hotel

Anis Realtion "A'S.

Do.

"B8.

Chincas Estatos..............

Cotton Mil

Zoong Bings ... S.

270 Wing On Textiles(S.) 171

Public Utilities

Tramways...

813.00 Foak Trama (old)...

$21.00

$180

$74

Do,

(now)...

3848

Star Ferries

$243

Yaumati Ferries...

19.80 China Lights (old)...

59.40

Do."

(DAW). Do. Rights

H.K. Electric

J

Makan Lights...

do. LATANO

Telephones (old)

Do.

(new)

$13.40 China Buses.

$78

771/77

የዚ

$251

125}

*

$12.68

IN

#2 55

$2.55

$271

B/-

Tractions

15/-

Do. (Dret.) Industrials

3144 Malabon Sugars....

$91 Caldbeck, lord.) 8. Macgregors (pref.)8.

$19

Canton Ives,

Cements (comb.).

Do. (old)...

Do.

Bopen

{BW:)...[

Miscellaneo

Dairy Fartuszaryması Der A Winga.................. Amusemäents ........ Ch. Etainmonte......

313.30 Sinceres .....................

331.70

!!!

$119

MESSRS. ROZA BROS.

Saturday, February 24.

Silver prices Tose 1/8 yesterday

for both deliveries, the quotations

BERLIN BOURSE

being 201 for Ready and 20 11/16 Week Closes. Quietly

for Forward. Silver advices report-

3 ed India as having bought. China

sold. The market was steady. In America the rate was higher at 46 1/2 for Spot. The

315

firm.

574

300

$24)

9.65/9,70.

39.35

$771

$19.80

***

robust.

Market

market

W45

Berlin, February 24: The week closed with a quiet Share market business being day. New York advices reported the very small but prices not declin- opening rate at 5.071 and the closing greatly, as the future is filled

with ing rate at 5.07. Steady."

confidence. Metalurgicala were firm, also Chemicals. Fixed interest securities likewise quiet Quiet. the undertone. was not but prices held well. Call Money 44 to 54. Although on the whole the bourse was exceedingly firm throughout the week it exhibited

curious one

*feature reflecting current feeling towards the whole economic situation. Last Tuesday the public began to sell fixed in- terest securities and buy shares especially" sorts hitherto somewhat neglected. This change indicated Business was done at 39 1/16 for the expectation of a sudden im- near and 39 April. The market provement in the industrial out-- closed with sellers at 39 February | look. The $2.50 39 1/16 March and 39 3/16 April, $2.90 buyers probably at 1/16 higher re- $6.20 spectively.

SIK

$1.90

Sterling Business was done during the course of the morning at 1/6 17/32 for April delivery. The market closed with sellers at 1/8 7/16 February-March and 1/6 17/32 second half March- April.

U.S. Dollars

-13

од

tendency continued until after. Schacht's speech Thursday stating that the Mark would be kept stable and fore- scale shadowing an early fixed Merchants were quoted at 129 conversion, when the tendency

Yen

Early advices indicated sellers at 1/4 March, buyers at 1/4 11/16 March. Bubsequently the market eased off to sellers at 1/4 9/15, buyers at 1/4 near.

$274

35

for near delivery.

$41 $101

$10

[54 ctx

Constructions, (old)}

Do.

$1.90

(new) 50 ots

54.10

Lane Crawfords.......

$4.10

Shanghai Dollars Were quoted at 1102 for cash. Shanghal

$21

Mackintosha............ Nanyang Tobacco... #4

37.80

Watsons

$1.80

Wm. Powell,

$13 $7.00 31.10

12

M. Greyhounds.

$14

B. C. Enterprises

United Theatres..... 8.

81

B. Ind. G. Bonda... 50%.

prem.

**

H.E. Gort. Loans... 106

18

Wallace Harper

1140

H.K. Wing do

S'hai

De.

0130

Asia Lands Limited

Gloucester Building Tel 26691 (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 on the Financial Page of The Hongkong Daily Press

John

Canton „ágmta

H. Ferguson & Co.

89, B. C. Shameen.

Tel 18824

U.S. Dollars

Early advices indicated sellers at 35 5/16 February, Towards the close sellers were indicated 35 3/16, buyers probably at 351 for cash.

BERLIN SHARE

MARKET

Teversed, the public selling shares and buying fixed interest ¿securi- tles, but the net result on both markets was a higher level of prices all round, General Electric

a

Continental'

Gelsenkirchen

29.125

"A.E.G. 30.75

Caoutahove 154.87, 154.

66. 85.25 Mining Co. German Dye Trusts 133.

133.635 Hamburg America

Line 28.50 27.75 Harpener Mining

Co. 07.375 95. Mannesmann

Roehren 68. 69.25

30.75 Lloyd 32.25 Reichsbank

****.... 167.875 173.125 Rhenish Westphalen

North German

Electrics 08.125 98.50 Siemens Halske... 150. 150.87 United Steel Works 43. 42.50

[Special to the "Hong Kong Dally Young Loan ...... 92.90 93.

Press" (Copyright).)

Berlin, Feb. 23.

Transocean Kua Min..

REICHSBANK QUOTA- TIONS

On Friday evening the Reichs bishop Mueller published the new list of members of the administra- tion of the German evangelical church which includes the former Resistant provincial minister in Coblenz, Doktor Forschoff, former | (Special to the "Hong Kong Dally, director of the "Rauhe Haus" in Hamburg, pastor Engelke, as well Bs the reformed member of the former church administration, pastor Weber, Elberfeld,

Departing from' the hitherto prevailing practice the members of |the church council will hold their offices in an honorary capacity. The council will hold its first meet- |ing on Thursday next after which 's detalled statement will be issued. -Transocean Kuo Min.

Press" (Copyright).]

Berlin, Feb. 23. Retchmark quotations (without guarantee)!—

New York Paris Amsterdam Paris Sterling Dollar

39.5 602.33

58.94...

77.46

15.285

Transocean Kuo Min,

DEVELOPMENT OF ELECTRICITY

Ottawa, Canada. Cheap elect- ricity, developed. principally from abundant water-power, is steadily revolutionizing conditions in homes and factories throughout Canada Electric power is chea- per in some parts of Canada than. elsewhere in North America. In Ottawa, for example, it is sold for domestic use at less than one cent per kilowatt hour.

Recently complied statistics show that there are about 1,500,- 000 homes in the Dominion wired for electricity. This total repre- sents about three-quarters of all the homes in Canada.

The introduction of electricity means placing the possibility of several additional comforts and conveniences in the home, such ea lighting, electric coolding, re- frigerators, water heaters, wash- ing machines, humidifiers, clocks, and other devices, that can be operated by merely turning a switch and at a cost that is very nominal

NEW YORK STOCK EXCHANGE

ASIA "LANDS, LTD., QUOTATIONS

(INCORPORATED IN HONG KONG).'

Tel. 28350-Gloucester Building, Room 300.

(BRUKIE'S AMERICAN · SERVICE.)

New York: February 24,

Dow Jones Averages. Bigh-1933/34. Low: Feb, 23.1

30 Industriala

20. Rails

-20 Utilities

40 Bonds Commodity Index

110.74

80.16 106.14

56.94

25.43 80,02

37.73

19.33 97.60

92.45

73.21 82.03

80.44

Feb, 24. Change

104.77 1.37 down

.94 down

,03 down

14 down

.11 down

49.08 27.57 31.89 41.98 54.01 33.90

Asim Lands, Limited, has received the following report from their New York correspondente, E. A. Pierce & Co. Belling carried the market to a point which technically signifies but little importance. We would prefer side-lines buying on the side, pending further developments. The auto- móbile strike has been postponed until Monday, as labour leaders are endeavouring to get all the plants to join the movement.

Wheat: Some selling pressure and farther. reports of rains in thể South-West caused scattered liquidation and the market is now awaiting. some new incentive.

Cotton: Market dull. Sentiment is mixed and many are awaiting definite action on the Control Measure.

Silver: Market steady but irregular. There was heavy transferring of March.contracta into latar deliveries.

Business Do, e: 1,900,000 shares.

Hron

112 160

*

Bendix Aviation

Canadian Pacific

1932

Div. 8

LAST SALE

Low

PIR. SH.

Feb., 13. Feb, 24.

47

3.00 Air Reduction

$101

$992

704

1003 17

49 18

6.00 Allied Chemical & Dye 4.00 American Cany

155

1544

103

102

50%

101

1342

In the manufacturing field an even greater advance in recent years has been made in electrifi- cation. More than one-third of the 35 principal industries of Canada are now 90 per cent elect- rified and 27 per cent have a ratio of more than 80 per cent, so that industry as a whole' is over. 76 per cent electrified. "In the prin- cipal branches of the textile in- the electricfication 13 dustry "practically. 100 per cent.

B41

601

431

107

22

"B

842

31

American Radiator........... American Smelting.......................... 9.00 American Tel. & Tel. 5.00 American Tobacco "B" 1.00 American Waterworks

Anaconda Copper Mining ... 2.03, Auburn

15%

15

46

452

121

1214

ri

751

762

23

23

151

134

5312622

201

20

237*

378

160 Borden Company

237 294

16

157

20%

7.

103

Au

J. I Came

752

al

0.50 Caterpillar Co.

301

294

18

404

1.40 Chase National Bank

29 bid

29 bld

50t

+!

22

31

84%

1.00 Chrysler Motors..... 3.40

571*

561

1+

Consolidated Gas of NY, Curtiss Wright

401

40

#

5

102A

2.00 Du Pont de Nemours

101

40

3.00 Eastman Kodak ...

89

03

281

10

Electric Auto-Lite Co..................

20.

10

8%. Electric Bond & Share ..............

184

177

48

154

3

Electric Power and Light...

7

101

0.40 General Electric

214

30

21

1.60 General Foods

341

394

43#

10

էր

1.00 General Motors.......................

39+

10 Gillette Safety

114

11

201

27...

12

1.20 Gold Dust

194

19

424

46...

144 14

400 Liggett & Myers “B”

85

-85

1.00 Loew's Inc.

364

Montgoniery Ward

2.80 National Biscuit

104

1.00 National City Bank...

291b14 29 bid

101

1.20 National Dairy Products:

101

0.60 Otis Elevator .........

171 104

314

18

10 Pacific Gas & Electric

20

201

1

Packard Motors

51

131

0,60

Pennsylvania Railway

37

351

3

Radio Corpn. .............

12

Sears Roebuck .....

471

8

Socony-Vacuum. Corpn.

17

181

37?

lat

1.00 Standard Brands

51

**

Btandard Ga

221

1.00 Etandard.. Oil Co. of "Now

Zpracy

474

20

1.00 Texas Corporation

27

Trans-America

19 1:00 Union Carbide & Carbon

132

8:00 Union Pacile

mai

128::

126

United Air and Transport...

Caited Corporation

United States Steel.

The extent to which electricity is used in the mining and metall- urgical industry is indicated by the fact that this industry uses between 13 and 14 per cent of the total power generated by Cana- dian central stations. In the lum- ber industry, which uses large amounts of electric power, statis- tics show that, exports in 1933 were one-third greater, than in the peak year of 1912.

Electric continues to be used in industry in increasing" amounts. Because of the absence of moke and fumes and account of the ac- curate, control of temperature, electric furnaces are being widely adopted by mines for underground. tempering and sharpening of drill steel, also for assay work. In 1933 there was a considerable increase in the use of electric atean gen- erators, particularly in the pulp and paper industry, as an econ- omical means of providing process steam..

Hydro-electric power develop- ment during 1933 was confined. | to undertakings Initiated in pre-

vious years," and put into opera tion 270,000 additional horse- power, bringing Canada's total installed capacity up - tọ 7,330,260 horse-power. Thers are still many millions of horse-po- wer unharnessed.

25

0,60 International Harvester

International Tel. & Tei,

Westinghouse E. &,

IBE

.40%

311.

324314

401 400

Page 15Page 16