DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers
AssociationTM
HONG KONG DAILY PRESS, WEDNESDAY, MARCH 7, 1934.
MONEY
A
AND MARKETS
Or Amsterdam Athens
YESTERDAY'S OFFICIAL
QUOTATIONS
There was an absence of in- Belgrade
terest in all sections of the market to-day, and rates were easier in a number of issues. The only sales officially reported are Lands $701.
Trams $21 and Dairies $28.
SALES
(BRITISH WIRELESS "ŠERVICE)
Sterling Parity
12.10 Florins 375 Drachmae 276,316 Dinars 90.43 Marks 18. Bd. per Rupee 36 Helgas 813,368 Lei
1/6 3/32 21,80
TUESDAY.
Bayers
matt- Ballers
Nominal
Aayers
Bellary
MARCH 6.
$1,790
ex div. 138
218 528
£13
Banks
H.K. Banks
Do. (London) Chartered Banks... Mercantile Bks.
Do.
"
Bank of East Asia...
$1,750
H.K. STOCK MARKET
LONDON EXCHANGE RATES
£20)
£13
505
N, C. & S. Barka
$61
$20
Am. O, Fin. Corp
Mor. 3. 7.541 530 6.
14
Ch. Fin. Corp:Ord. 3.
Mar. 7.53 530 S. 225.
Do.
Prof. S
Insurancom
Canton Insurance. „..
$320
$320
31.10.
Underwriters
$1.25
Berlin Bombay Brussala Bucharest
12.80
19,78
1/6 1/16
21.74
6.10
510
Union Insurances ...
$300
$283
$660
Buenos Aires
47.58d. per Peeo
363 8.0,
36 S.O.
$5.0
China Fires
5420
Copenhagen
18.139 Erginer
22.40
5
22.40
H.K. Fires.
$225
Bank of East Asia, $93.
Geneva....
25.294 Francs
15.72
15,69
$6.20
International Assce, S.
shipping
Antamoks, 72 cents.
193.23 Marka
226+
2264
Hong Kong Lands, $70),
1/81
164
Douglaane
$124
Steamboats
330
Indos (pref.)
$33
55/7
$11
72 ct-
Baguio Gold
$40.
54 ota.
Do. (def.) Shella.....
Waterbosta
Mining
Amtamoks...
Balatcos
840 Benguet Consolidated $39
4!!!!!
336
Hong Kong Trams, $214.
110 Escudos
1091
1091
$12)
Dairy Farms, $28.
$4,921 Pesetas
37 9/32
ST 9/32
330
$36
Govt. Loans, 7 per cent. Prem.
Milan
59 3/16
59.
51/
50.88d. per Peso
38 9.0.
BUYERS
Montreal
4.867 Dollari
5.091
Hong Kong Banks, $1,790.
New York
4.807 Dollars8
5.074-
5,06%
178 ots.
Union Insurances, $550.
Oslo
18.159 Kroner
19,90
19.90
HK. Fire Insurances, $283:
191.91 Franca
43 ots.)
184.25 Kronen
77 5/32 1221
70 6/32
1221
$41
Wharves, $113.
Rio de Jaariro
26.93d. per Gold Me
[30 ata.
Do. Exploration"
128 ct.
Docks, $144.
Milreis 4 do.
41
130 cts.
Do. Goldfield ...
Providents (Old),-$2,45,
16 otu.
Big Wedge ..........................
17 ats.
Hotels, $6.45.
.... 18.159 Kronor.
1/44 19.394
14
19.394
$37
Gold Creek...gamemar
Realties, $0.30.
$5
-87
Ipo Mining.................. Itogons
34.69 Schillings 94.58d. per. Yen
28++
234
1/2 3/10
Yaumati Ferries, $25.
1/2 3/16 201
26/-
Electrics. $773,
20 11/16
$17
Macao Electrics, $234,
24%
·342
16
714
35.25
$13.80
15/.
Douglases, $35.
Star Ferries, $95).
Helsingfore Hongkong Lisboa...
Madrid
Montevideo
Paria
Prague
#113
$3.45
$17 Langkats (single) 8.
Explorations......&.
Shanghai Loans
Rauba......
Tronoh Minos
36 Venezuela Gold Fids.
Docks, WiarTOR,
80 cki.
Godowns, etc. * H.K. K. Wharves. Providents (old) ... Do. (uew)... H.K. & W. Docks ... S. China Motors' A'
"g Do.
Shanghai Docks S.
38
$145
36.80 3351
New Engineeringa8.
Hongkowa... D
ex div. ita $2.66
[
86 cts.
$14
$2
$2
$144
$61
Telephones (Old), $25 ex. DẬY.
Telephones (New), $13.70.
Canton Ices, 82.
Lane, Crawfords, $4.
Govt. Loans. 7 per cent. Prem.
SELLERS
China Lights (Old), $9.60.
Shanghai Stockholm
Vienna
Yokohama
Silver (spot)
Silver (forward)
War Loan
ON LONDON;-~~-
$6.45
$24
314
¥8,30
$137
Landa, Hotels, and
Buildings
H.E. Hotels...... H.K Lands...............B. Shanghai Landa...9. Metropolitan Lande... H.K. Realties. $8
China Do...5.
Do. Deboutures5.
$11.20 Humphreys .....................
New Asia Hotel
Asia Realtion "A" S."
Do.
"B" S.
38.40
3711
20 m⠀⠀
!!!!
.... 92.46 Lire
38 S.O
510
Closing Quotations
ON NEW YORK:-
Bank Bills, on demand 38) Credits, 60 days' sight,, nona
ON BATAVIA :--
ON PARIS:-
March, 1984.
Telegraphic Transfer...
Bank Bills, on demand 'ot
Bank Billi, mootba
On demand
67"/
sight
Credits, four months'
sight
1/7
Bank Bills, on demand 38' † Credits, 4 months' sight €22)
ON SHANGHAI:---
ON SAIGON:-
On Demand
11r
Ou demand
ON SINGAPORE:-
ON MANILA:-**
On demand
641
On demand
...761
ON JAPAN :--
ON BANGIOI:-
On demand... 1971
On demand
1821
ON INDIA:-
SOVEREIGNS. Bank Buying
Telegraphic Transfer...
Rate
1/82
I j
Bank, on demand.......
BAB SILTER, per oz.
202
$113
151
THE EXCHANGE
MARKET
MESSRS. ROZA BROS. REPORT
yesterday Silver prices rose i for both deliveries, the quotations being 20% for Ready and 20-11/16 for Forward. Silver advices re- ported India as having bought.
China operated both ways. The STERLING & DOLLAR ON NEW BASIS
tone was steady. In America" the rate was lower at 46.30 for Spot.
$13.30 The market was easy.
-11 8121
**
New York advices reported the opening 'rate
and the at 5.061 closing rate at 5.064
Market
Secret Talks With Britain?
PRESIDENT Liners
13
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
TO SAN FRANCISCO 18 Days To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama," Honolulu
Fortnightly sailings
Pres. Cleveland...Mar. 13, Midnight Pres, Coolidgo ...Mar. 24, 10 am. Prea. Talo Apr. 10, Midnight Fres. Hoover
..Apr. 21,8 alma, Pres. Piorco......May. 9, 8 am,
via Shanghai, Kobe, Yokohama
Fortnightly sailings Pres. McKinley ...Mar. 16, Midnight Pres. Jackson..., Mar. 30, Midnight Fres. Jefferson... Apr. 13, Midnight Pres. Grant ....Apr. 27, Midnight Pros, McKinley May 11, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA,
Direct Special through rates to Europe via United States. connections with all Atlantic lines. Choice of rail lines across United States and Canada, liberal stop-over privileges for
Sight-seeing. Full particulars upon application.
J
Fortnightly via Svez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay. Suez Canal, Alexandria, Naples, Ganoa, Marsailles, New York and Boston.
Pres. Monroe Mar. 17, 8 a.. Pres. Van Buren ...Mar. 31,8 mm. Pres, Garfield Apr. 14, 8 a.m. Pres. Polk......................Apr. 18, 8 am,
Pres. Adams.**** May 12, 8 a.m. Pres. Harrison ......May 26, 8 a.m. Pres, Hayes ...June 9,8 a.m. Pres. Johnson ...........June 23, 8 5.10.
***
TO MANILA
Next Salling.........Pres. McKinley Mar. 10, 6 p.m. Pres. Coolidge.......Mar. 15, 9 p.m. Prea. Monroe......Mar. 17, 8 am. Pres. Jackson.......Mar. 24. 6 p.m. Pres. Van Buren... Mar. 31, 8 a.m.
Pres. Taft. Apr. 8, 6 p.m. Pres, Jefferson.....Apr. 7,8 pm. Pres. Hoover. Apr. 19. 9 p.m.
Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA
STEAMSHIP
DOLLAR AMERICAN
LINES
MAIL LINE
PODER BUILDING-KONG KONG. CANTON BRANCH ~---4, SHAXEE ZOAD,
$140
$20
587
Chiness Estates.......
Cotton M
519-
S'ha Cottons...... S.
$134
$70
$21.70
$21.80
*
r.
$72
い
***
$13.18 Ewos
Zoong Sings.......
Public Utliitleg
Tramways............ 821 70
$15.90 Pink Trams. (old) .....{
Do. (now).
Star Ferrios.
Yaumati Ferriec
Wing On Textiles(S.) 371
$9.80
1.AU.
$21.80
$152 574
395
19.83 9,60/9, 70 $9.30
$2
201
China Lights (old)... 30
Do. (now)...
Do. Rights
H.K. Electrica
$77
tsa
Масло 30
ટ
Sandakan Lights ...
$25 [ex div. $12.80
Telephones (old) ...
er div. $26
5
Tructions.........................
Do... (new) $12.65
$13.40 China Buses 5.
16/10
Dc. (prof.).... Industrials
$147 Malabon Sugars
32)
Ropies
Miscellanson
316
following Shanghai.
+
ין
Quiet. Uncertain at the open-
I learn on high authority that | exact plan which Mr. Roosevelt is ing but later eased of slightly further important developments in now following, telegraphed to Mr.
the monetary situation are expect- Morgenthau, + Sterling
ed, writes a correspondent. the Business was done, during
These, it is believed, will include course of the morning at 1/6 15/32 for second half March fol- secret negotiations with Britain
towards
an agreement for the lowed later by a small business at 1/6 7/16 for March and second "half March. The market closed at lunch time with sellers at 1/6 13/32 March, 146 7/16 second half March, 1/8 15/32 April, and 1/81 May, buyers at 1/32 higher re- spectively.
U.S. Dollars. Business was done at 39 for April delivery. There were sellers at 381 for cash and 38 15/16 April, buyers probably at 1/16 higher respectively,
Secretary of the Treasury, yesterday expressing al- arm over reports "indicating se- Cret negotiations to tie the dollar in fixed relationship to the pound." To tie the dollar to the pound at the present level, says the commit- tee, wil perpetuate a 25 per cent. Washington, it is understood, i hopes that when the dollar has competitive disadvantage for the United States compared with reached the desired level Britain countries of the sterling group." may be willing
stabilisation of the dollar and the pound on a new basis.
to stabilise the pound at about the old parity of 84.88 by devaluing the pound in the same proportion as the dollar.
This would
the same
MARKET
mean apparently BERLIN SHARE that the pound would have its gold content reduced by amount as the dollar.
The
- Adminis- Washington tration will Bist endeavour Merchants were quoted at 1281 to make its price of gold effective the world over by closing the gap between the American and London
Yen
for near delivery.
Shanghai Dollars
Were quoted at 111 5/16 for prices. The dollar would thus re-
STD
Caldbeck, Yoni.) 8. Macgregors (pref.)8.
32
Canton Icas... $2
Cements (comb.)...
#2 70
Do.
(okk)...
32.65
$3.70
Do.
{B/W)...]
82.68
26.20
3273
Dairy Farmer.
$273
$1
Der A Wings....
Amusements ******
310
Ch. Etainments...... 591
cash.
$2
Constructions, (old;
$1.90
80.atv.
(DOW)
83 ott (19 c
$4
Lane Crawford......
$4.20
#21
Nanyang Tobacco... $4.40
$iał
+371
37.40
31.60
Wm. Fowells.........
31.10
$2
M. Greyhounds.
$14
S. C. Enterprison ...
*2
United Theatres... 8.
.Do.
Mackintoshs.................
$13.20 Sinceres
Watsons.............
prem.
$1 B. Ind. G. Bonds... E01%.
HK. Gort. Loans... SUBH |
Wallace Harper......
$140
H.K. Wing Ou
Sbal
Do.
$135
$130
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 on the Financial Page of
The Hongkong Daily Press.
Canton Agente
John H. Ferguson & Co.
32, B. O, Shameen.
Tel. 18624.
Shanghai
time
present 59.08 cents abroad, instead of 81,82, ar 63 cents.
fund,
Berlin, March. 5.
Generous "loans to newly weds"
of
the polley of the Government will Early advice indicated sellers
Once the 59.06-cent dollar is be continued during the next at 1/4 7/16, buyers bidding 1/4 firmly established. the American financial year according 9/16. Subsequently the market Treasury will try to hold it there, announcement steadied up to sellers at 1/4 but through the puchase or sale of Ministry on Monday. The new
lunch shortly before
the gold and through transactions in budget will contain an appropria-, selling rate recédėl again to" 1/4 foreign exchange by the operations tion to permit the financing' 7/16, buyers probably at 1/4 tor of the £400,000,000 stabilisation of a quarter of a million ncar delivery.
long term loans to aid impecunious As to broadening the silver por- couples to marry. tion of the metallte base" of "cur- !' In the first six months after rency, for which there is a power- inauguration of legislation provi ful movement in Congress, I un-ding first aid to young couples-in derstand that Mr. Roosevelt pre- June the Government granted over fers to postpone any recommend-
one hundred and eighty three ation along this line until next thousand applications for assis winter.
Larice. countinuous applications increased the number to over two hundred thousand early in Feb- ruary and obliged the Clovernment to call a temporary halt-Trans- ocean Kuo Min..
U.S. Dollars Sellers were
indicated at 34 13/16 for near and 35 April, buy ers at 1/16 higher respectively.
IN THE AFTERNOON The market was easier in afternoon.
Sterling
the
In Sterling business was done at 1/8 7/16 for second half March, finishing with sellers at 1/8 13/32 March and 1/8 7/18 April, buyers at 1/32 higher respectively.
U.S. DellerA
INFLATIONIST PROTEST
Mr. Roosevelt's
advisors seem confident, that the 59:06 cent doi- lar can be made effective in Europe, A small business was done, at and the power of revaluation which 38% for cash. The market closed accompanies the commodity dollar sellers at 387 for near and 38 15/16 is described as “Roosevelt's ace in April, buyers at 1/18 higher re- the hole.” spectively.
RICHSMARK QUOTA-
TIONS
Some of the inflationist forces backing the "President's plan are protesting against any thought of stabilising short of six dollars to the pound, and are urging him to devalue again even below 50 cents [which would require legislation), [Special to the "Hoor Hong Dally to raise commodity prices to their 1928 level, which is America's goal. Press" (Copyright).]
Professor George Warren, chief ad- viser of the President, is convinced/ price of gold "must be l that the raised above the present level of $35 an ounce to raise prices materi- ****
602.126ally.
68.95 The Committee for the Nation, Paris Sterling ... 77.10 a very long and distinguished. list Dollar...
15.2 of representative Americans, who Transocean Kuo Min, several months ago proposed the
Berlin, Mar. 5. Reichmark quotations (without guarantee):
New York
.....39.60 Paris
Amsterdam
NEW YORK STOCK
EXCHANGE
ASIA LANDS, LTD., QUOTATIONS.
(INCORPORATED IN HONG KONG).
Tel. 28380-Gloucester Building, Room 308.
(REUTER'S' AMERICAN“ SERVICE).
New York: March 5.
Dow Jones Averages
30 Industriala
110.74
High-1933/34. Low: Mar, 3.. | Mari, 5;
50.16 1046
Change
100.02
.54 down
20 Raili
50.94
26.43 49.23-
48.80
.33 down
20 Utilities
37.73
-18.33. 26.92
25.72
,20 down
40 Bonds
02.45
73.21 91.67
01.78
11up
Commodity Index"
80.44
41.98 54..0
54.20
15, down
Asia Lands, Limited " has received the following report from their New York correspondents, E. &. Pierce & Co. The market is absolutely colour. less and it is impossible to give any definite opinion one way or the other.
Wheat; Traders are disappointed at Washington news containing no. inflationary action. Statistics are bullien.
Cotton: After an early set-back, prices quickly recovered. on moderate amount of new speculative buying. Sentiment was mixed."
Silver: The early firmness refected the advance in London, where Dutch and Swiss interests were reported to be fair buyers. A certain news service says that the leaders of the House Silver Bloc have agreed apon & plan of campaign whch they hope will force the Administration's hand upon the Silver Question.
Business Done: $60,000 shares,
** 1935
DIV. $ BLIGH
Low PER. SH.
Canadian Pacifo
0.50 Caterpillar Co
LAST SALE
Mar., 3 Mar, 5.
.112
3.00 Air "Beduction
-$98),
$98
100
701
8.00 Allied Chemical & Dye
153
153
103
102
1062
49)
4.00 Américan Can.
.17
1st
American Radiator................. ...
152
151
056
102
American Smelting....
46
48.
[Special to the Hong Kong Dally Fress" (Copyright).]
1342
–
8.00 American Tel. & Tel.
121
121
044
601
5.00 American Tobacco B❞
73
75.
43
1:00 American Waterworks
21.. 201
모모성
Anaconda Copper Mining
'ទេ
151
B41
31
2,00 Auburn
531
544
Bendix Aviation
192
191
227
1.00 Borden Company
231
23
37%
161
15%
201
to an the Finance
103
3.
J. I Casead
761 761
21
க
30
30
1.4) Chase National Bank
29ibid 291bid'
59t
1.00 Chrysler Motors
561..
55)
31
3.40 Consolidated Gas of N.Y.
40
394
more
1
Curtiss Wright,
41
3
102#
39
2.00 Du Pont de Nemours .......
1001
1001
93
.48
3.00 Eastman Kodak
Kuala
901
89
10
Electric Auto-Lite Co.
30
30
10
8. Electric Bond & Share
18#
18F
48
15)
3
Electric Power and Light...
74
·302
$10
40 General Electric
....
22
241
21
1.00 General Foods
394
331
331
418
10
1.00 General Motors
391
391
1. Gillette Balety.
114
201
19
1.20 Gold Dust
271
192
#104
46
042
Tel.
401
B
141 141
99%
85
87
38
3231
36
321
00%
414
321 417.
∙166
1.20 National Dairy Products
30 bid 30 bid
-10%
.0.60 Otis Elevator...
161
1
151
16
10 Pacific Gas & Electrio
171
171
.12
---
Packard Motor
201
191
12
66 Pennsylvania Railway
57
5L
3
Radio Corpa. ......................................
351 35
Sears Roebuck
81
8
48F
48
1.00 Standard Brandi
171
171
Standard Gas
221 221
1.00 Standard Oil Co. of New
134
13
Jersey
461
401
101
04
28
1.00 Texas Corporation
Trane-America; -
271
27
51%
103
1.00 Union Carbide à Carbon
451 45
132
600 Union Pacific.
129. 128
United Air and Transport.
Yokohama Quotations.
∙144⋅
United Corporation
· March 5.
Spot
Yen 590
Bourse six months,
Yen 596
Canton Silk Market
From Kwangtung Raw Silk Test- Bureau Department of Re- construction Canton, China,
Canton Quotations.
March 3. Extra O.B. 13/15 HK. $530N. Small Extra0.8. 13/15 HK
$440N. Crack N.B. 14/16 HK: $350N. Extra Extra 20/22 HK. $330N.. Waste N.B.. Open EK, $55N.
108
-
0.60 International Harvester
International Tel.
4.00 Liggett & Myers
1.00 Loew's Inc.
Montgomery Ward
3180 National Biscuit ......
1.00 National City Bank
Socony-Vacuum Corpa
D'nited States Steel.
Westinghouse, E. &
251
No comments yet.
Private notes are available after approval.