DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Bayer dollars
Sharebrokers'
Association
HONG KONG DAILY PRESS. SATURDAY, MARCH 17, 1934.
MONEY AND MARKETS
Catrina)
FRIDAY. MARCH 16,
dallars
Huyarı
Sales
cmina
H.K. STOCK
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICE}
IJ
MARKET
WEEKLY REPORT
The market continues dull but
a few stocks have improved slight- ly and at the close there 15 an unsatisfed
Banks, for.
Unions. Telephones and Realties.
Government Loan has reached Buenos Aires
Business Done During The Week.
demand
12.841
225 12,83) 1/0 1/18 21.861 510
15.78
2261
$1,800!
£16
£28
$13
Banks
H.K. Banks
********* $1,79% Do. (London)) Chartered Banks.... Mercantile Bks. "A"
Do.
£26. £13
543
Bank of East Asia...
308
N. 0. & S. Barka
$20
Am. O, Fin. Corp: 8,
On Amsterdam Athens Balgrade
Starling Parity
Mar. 14.
$4
Ch. Fin. Corp. Ord. .
Berlia....
19.10 Florins 375. Drachmae ....... 26,316 Dinars 20.43 Marks
7.573
530 S.
Mar. 13. 7.57 530 S.
225
35
$1.10 $560
1313
$6676
$283
$35!
3025
Do. Pref. 8
Insurances
Underwriters
China Fires.....................
H.K. Fires
$6.50, International Assce, 3,
Shipping
Bombay
Brussels
Canton Insurances.....
Bucharest
1s. ed. per Rupee 33 Helgas 813,888 Lei
1/6 3/32
21.874 510
$330
...... $1.25
$1.95
47.36d. per Peso
38 8.0.
36 8.0.
Union Insurances ...
1162
the record price of 84% Prem
Copenhagen
18.159 Kroner. 22.40
22.40
$595
Genevs
25.22 Francs
15.791
$285
Helsingfors
193.23 Marks
1224
Hongkong Banks, $1790..
Hongkong
-1/8
1/6 7/18
Lisbon
110 Escudos
1091
"
1097
Douglasen
$36
31:
Steamboats
SIL
02.46 Lire
05.12 Praetas. 37. 7/16
59
,37 7/18
130
Indos (pre)
$30
$33
Do. (def.)
Hotels, $6.05.
30.884. per Pesa
38 8.0.
38 S.O.
$35
36/74 $11
Shella
Lands, $68, 3674 887, 868.
ד -
148 ola.
Waterboats
70 ets. Amtamoks
$40
$40
$11
Tramways, 8213. $21.-
New York
4.867 Dollars 4.887 DollarS
5.093-
5,091
5.091
Mining
Star Ferries, $96.
Oslo
Paris
79 ste
Yaumati Ferries, $25.
19.90 77}
19.90
Balatros
Prague ********
77. 15/32 1223
Rio de Janeiro......
Baguio Gold
47 ctx.
Benguet Consolidated
$40
41 9.0.
30 ct..
30 eta
Do. Goldfield
Do. Exploration
25 cti.
15 ot
Big Wedge
15, ote.
131
Gold Creek.
18.159 Kronor 34.58) Schillings 24.58d. per Yea
1/4 9/16 19.39+
19.391
28
*28
1/2 7/32
Ipo Mining
201
1/2 3/16 20+
871
Itogons
201
20 11/16
9/3
34% 103 9/16
$17
14.53
Canton Insurances. 8315, Union Insurances, $567).
Wharves, 81151, $116. $117).
Madrid Milan Montevideo Montreal
China Lights (old), $9,60." Electrics, $79, $78) Cum. Div. Electrics,875, $742, ex, Div. Telephones (old), $25, $24.90/25. Telephones (new), 812.80. Canton Ices, 82, 82.85.
Cements (old), $2.40.
Raubs, 313.60 ex. Div.
Antamoks, 74 cts., 73 cts., 72 cts. Baguio Gold, 47 cta, 40 cts..
45 cts.
Government Loans, 8% Prem. Changes (3.15 p.m.) Closing
Cements (new), 82.40,
#117
180 cta.
BISA
lex dir. $13.60
153
82 40
Kallans....................karı Langkats (single) S,
Exploration......!
Shanghai Loans,
Raubs
Tronoh Mince...... Venezuela Gold Fids. Docks, Wharves, Godowni, ste. H.K. & E. Wharves. Providents (old),
Do.
(new)...
H.K. & W. Dooks..
$71.
Dairy Farms, 828.
317
$4.85
-#54
313.80
10/
381
*$1161
$2.30
73 ots.
$14
Lands. 8861.
$2
SA
S. China Motors' A
Do.
$2
Realties, $6.40.
እዩ
Tramways, $214.
$140
វ
Quotations
BUYERS
Union Insurances, $585.
כן
Shanghai
Stockholm
Vienna
Yokohama
Silver (spot)
Silver (forward)
War Loan
ON LONDON
19.139 Kroner 194.21 Franica 164.25. Kronen 20.93d. per Gold Milreis
5.10
88%
Closing Quotations.
March 14,
ON NEW YORK:-
59 15/32-
41 5.0. 1/44
34% 103 7/18
Bank Bills, on demand 38) Credits, 60 days' sight.. pony ON· BATAVIA I—- *S
On demand... 367 ON PARIO:-
Bank Bills, on demand 180 Credits, 4 months' sight 820
1934
Telegraphic Transfer... }. Bank Bills, on demand 10 Bank Billi, 4 months'
sight
Credits, four months'
sight
1/07
ON SHANGHAI: —
ON SAIGON:-
SALES
Telephones (new), $12.90.
Government Loans, 84%. Prem,
SELLERS
Union Insurancès, $570.
Cements (old), 82.
Electrics, 674.
On Demand
ON SINGAPORE:-
On demand
110
On demand
...... 58
ON MANILA
On demand
7:4
ON JAPAN
ON BANGKOK-
On demand
128
On demand
1238
ON INDIA-
SOVEREIONS, Bank Buying
Telegraphie Transfer...
Rate
1/68
Bank, on demand
001
BAR, SILVER, per of ", 20
Telephones, (old), $24.90/25.
13
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort,
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly smiling Fres. Coolidge Mar. 24, 10 .. Pros. Taft Apr. 10, Midnight Pres. Hoover. Apr. 31, 8 s.in. Fres, Fierce May, 9, 8.,
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, "Yokohama
Fortnightly sailings Pres. Jackson......Mar. 30, Midnight Pres, Jefferson..... Apr. 13, Midnight Pres. Grant Apr. 2, Midnight Pres. McKinley May 11, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe vis United State Direct connections with all Atlantic lines. Choice of rail lines cross United States and Canada, liberal stop-over privileges for Sight-seeing, Full particulare upon application.
| Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandris, Naples, Ganca, Marseilles, New York and Boston,
Pres. Monroe...... Mar. 17,8 m. Pres. Van Buren ...Mar. 31,8 m. Pres. Garfeld ápr. 16, 8ļa.m. Fres. Polki.Apr. 28, 8 s..
Prox. Adama ... May 12, 8 a.m. Pres. Harrison May 26, 8 am, ...June 9,8 a.m. Proa. Hayes Prez, Johnson......June 23, B-Am."
144
MANILA
TO Next Sailing Pr
Pres. Jackson Mar, 24, 6 pim. Free, Van Buren... Mar 31, 8am. Pres. Taft....Apr. 3, 6 p.m.
Monroe Mar. 17, 8 a.m.
Prom. Jefferson Pres. Hoover. Pres. Garfield...
App. 7, p.m.
Apr. 1, 2p.m.
Apr 14, 8 a.m.
Connecting with 8:8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN
JTIMI
I
MAIL LINE
FINDER BUILDING-HONG KONG. KAN CANTUR BRANCH 1–4, STAKER ROAD,
$0.10
16.05 367/68!
$140 Shangbai Docks
$5.90 New EngineeringsB.
1951
Lands, Hotels, and
Hongkers
qu
16.16
387
Buildings
H.K. Hotels. H.K Lands.........S. Shanghai Lands...8. Metropolitan Lands..
$24
$14
H.K. Kanities......
$154
China D.KA
5137 Do. DebontaresS.
$11.20 Humphreys "..
New Asia Hotel
Asia Resltics "A"S. Do "B".
Chinese Batatee.............
Cotton Mille
V
151
$140
120
987
$12.80 Ewo
...S.
43
$119
S'ha "Cottons......S.)
LI9
813+ $75
Zoong Sings
S.
$131
Wing On Textilen(5.)] $74
Public Utilting
$211
37. Bo $25+ $9.25
$9.20
$7674/75
371
$98
$26
$9,60 $9.4
$232
21/211
Tramways.....
$15.80 Peak Trains (old)...)
$13.40
Da. (now)...]
Star Ferries.......... Yaumati Ferries ........
China Lights (old)...
Da. (new)... Do.. Rights
H.K. Boctrics ! Macru do.
Sandakan Lights...
Telephones (old)
Do. (now).
China Buses
Tractions
Do. (pref.)]
Industrials
-$21.85
8741 $75 741,75
$2
4.04
$247 $12.80
$25
5/
10/30
3148
Malabon Sagara
#21
Caldbeck, ford.) H.)
$19
*$2.75
$2.85
$2.40
Do
B
Do.
$6.15
Ropor
***
$21
Macgregora (pref.)B.
Canton Iers........
Cements (comb.)...
(old)... (DAW)...
Miscellaneous
Dairy Farmar
Der A Wings. Amusernente.***
Ch. Etainment"...... Constructions," (old);
{DOW)
$29
+
$12.90
149841 4
$18
$1.90
$1.80
$5.85
$9,90 $1.85
101
32
80 obr.
Do.
75 ota
38.86
Lane Crawfords......
34
Mackintoahs
Nanyang Tobacco...| $i}
$13
Binceres
322
$1.60
Wm. Powells.
Watsonne,
$13 37+
31.10
M. Greyhounds.
$14
5. C. Enterprises
!
United Theatres... 8,
*84%
B. I. . Bonds...
2/
H.K. Goyt. Loana... $1974
$8
Wallace Harper.............
#140
H.K, Wing On
B'bui
Do.
Telephones, (new), $12.80.
THE EXCHANGE MARKET
MESSRS. ROZA BROS. REPORT
The price for Ready Süver was uncharged yesterday but the For- ward rate dropped 1/16, the quo- tation being 20.5/16 and 20 11/18 respectively. „Silver advices re- ported America and China "as' hay- ing sold. India and populators bought. The market was weak at the close. In "America the rate was substantially lower at 45.50. The lowest rate dore
was 45.20 and the highest 46:90. The mar- ket was erratic.
New York advices reported busi- The market ness done at 5.09.8.
was narrow.
Erratic.
Market
The tone "was steady
at lower-levels.
Sterling Opened uncertain with sellers soon at 1/6 but 1/6 5/18 WES on offer resulting in business at 1/8 for March, and 1/6 13/33 April. The market then eased off and offers at 1/6 5/16 were ac- cepted for near and April follow. ed by transactions at 1/6 9/32 for cash. Towards 1 p.m. a slight reaction occurred and transactions were arranged at 1/6 5/16 for Aprü delivery. The market closed at lunch time with sellers" at 1/6 9/32 for March and 1/6 5/18 April, buyers probably at 1/32 higher respectively.
J
LONDON FINANCIAL
NOTES
but no announcement in regard to particular services can be made for some time. A number of prelim- inary arrangements are first neces- sary.
(Special Alr-Mail Service) London, February 25. CHINESE BOND SWITCH There is a glaring anomaly in the market In Chinese bonds. The 5 per Cent, 1913 English issue can
The Great Western Rallway in- Le sold at 921, while the 5 peraugurated the first rail-air service Cent. 1913 Russian issue can be bought at 87..
As these two issues enjoy exactly the same security and the same re- gulations in respect of drawings. no justification for the dis- crepancy of 54 points. Holders of the English issue should exchange into the Russian 1ssue.
there
+
in April 1933, when regular daily menced between Cardiff, Teign- Journeys in the summer were com-
Later a 'one-day service was pro- mouth, Torquay, and Plymouth:
vided between Birmingham and Cardiff, Torquay and Plymouth.
RAILWAY RECEIPTS - 41,200,000 GAIN THIS YEAR
ceipts of the four main-line rail- The steady increase in the re-
ways continues. Last week the ag- corresponding period of last year gregate increase compared with the
was £170,000, following one of £156,000 in the previous week.
In each week of the current year a substantial gain has been report- ed, and the total increase in the seven weeks since Jan. 1 amounts to £1,200,000, or about 8 per cent. Of this no less than £937,000 re- presenta larger receipts from goods tramc-an indication that the trade revival: 18 making further progress. Coal and coke traffics have risen by £149,000 in the se
ven weeks.
THE ARGENTINE" SITUATION A.clear and comprehensive state- Dient has, says our Buenos Aires Financial Correspondent, been published by the Ministry of Fin- ance, detailing the changes in Ar- gentina's public debt that have taken place during the past year. In all, the total Indebtedness has been increased by $144,600,000 pa- per, but against this must be off- set the fact that loans received in connection with the freeing of blacked peso exchange amounted to $325,000,000, and
that while 8129,400.000 were spent on redeem- ing national obligations, and a further $31,800,000 on caricelling Treasury Bills, there were still, at to an amount of $92,400,000. Thus December 31, 1933, funds in hand
COMING "IKEY" DIVIDEND the total national debt now stands at
The next company result of ma- $3,267,500,000. The increase for importance due is that of Im- corresponds exculusively to long perial Chemical Industries. The term obligations, chiefly external preliminary statement will in all indebtedness, which naturally im- probability be issued next month, plies an additional strain on the and it is confidently expected to exchange situation. However, sce-
make a good showing. In fact in ing that Argentina is distributing some quarters is suggested that U.5. Dollars
her foreign remittances with re-record profits will be shown, which Started with sellers at 384, with markable skill; given a reasonable will enable the Deferred shares to 8136 the selling rate gradually rising amount of good fortune" in the come back to the dividend lat with to 38 15/18, buyers, bidding 39 next year or so and this difficulty a small payment. On the Ordu- 1/16" March. The market then will be satisfactorily overcome. ary shares there are predictions of veered to buyers at 39, 387 leading Everything points to an Improve- an 8 per cent. dividend for the to business at 39 for 2nd half | nient in Argentina's export trade, year, against 8 per cent, last time. April.Transactions then follow the December returns being the but the more popular view favours ed at 33 13/18 April, 39 May and best recorded last year and sur-a 7 per cent, declaration. To pay 383 April. A slight reaction took passed by those of January, which 2 per cent more on the Ordinary place and business was arranged have opened remarkably well and, say, 2 per cent, on the Defer- at 38 13/16 for end of March. The
Contrary to almost general er red shares would require an extra market closed at 1 p.m., with pectation, the operations of the sum of £1,000,000, roughly. This sellers at 384 March and 30 13/18 Grain Regulating Board are provis certainly a large sum, but it 18 April buyers at 38 13/16 for near
ing of real benefit to the camp. worth while noting that last year, and 38 April
This, too, at but a comparatively which, by no means, a prosperous small cost, either to the State or period, pronts expanded by no less to the cereal trade in general than £1,320,000. cess, but, barring accidents and is too soon to ery complete suc- unforeseen disaster, the Argen- time outlook to-day is better than it has been for at least three years. JOINT AIR SERVICE RAILWAYS
8130
Asia Lands Limited
Gloucester Building Tel. 26631 (Two lines)
We offer
a complete brokerage you 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 de The Hongkong Daily Press,
Canton Agents
John H. Ferguson & Co.
32, B. C. Shameen
Tel 19624
Ten
Merchants could have obtained early in the morning 1281, but Inter the selling rate receded to 1277 March.
Shanghai Dollars Were quoted at 111 for cash. Shanghai
Early advice reported sellers at 1/4 5/16 April. Bubsequently 1/4 April was reported done.... The market then sagged to 1/4 5/18 sellers April...
AND IMPERIAL, AIRWAY The four great railway compan- les and Imperial. Airways Ltd.. have agreed to form a new .com- pany with a nominal, capital of į U.S. Dollars ..
£50,000, to provide air services in Bellers exaly in the morning at the British Isles and elsewhere and 34% April, Babaequently 34 13/16] to form connecting links with the was arranged-for April delivery, services of Imperial' Afrways in A. reaction followed and business: The general lines of the new or- was reported at 34'9/16 March TM - ganisation häveʻalso been agreed,
:
REICHSMARK QUOTA-
TIONS
[Special to the Hong Kong Dally Press" (Copyright).]
Berlin, March 14. Reichsmark quotations (without guarantee) -
New York
39.65 603.11 Amsterdam 4 2.68:97 Paris Sterling
77.53 Dollar Coord
16.185
-Transocean Kưới Min..
NEW YORK STOCK EXCHANGE
ASLA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).
Tel. 28380-Gloucester Building, "Room 306.
(REUTER'S AMERICAN SERVICE)
New York: March 15. Dow Jones Averages
30 Industrials
20 Rails
20 Utilities
40 Bonds
Commodity Index
High-1833/34. Low: Mar, 14. Mar, 16.
110.74
50.18 103.64..
Change
10:21 1.43 down
56.94"
25.43 48.81
4876
.96 down
37,73
19.33 $7.04
21455
4 down
93.57 50.44
73.21 93.67%
83.64
.03 down
41.98 61.02 -51.23
.39 down
Asia Landa, Limited, has received the following report from their Nwe York correspondenta, E. A. Pierce & Co. The market received support after the first abock of selling, but the recovery in the last hour was not par- ticularly impressive. We think that trading sentiment is growing some- what more discouraged. Washington news continues to be the dominat- ing influence.
Wheat: Thore was renewed May liquidation. Buyers have with- drawn owing to the easier Winnipeg market, and to tempering inflation possibilities over Mr. Morgenthan's opposition to the silver policy.
Cotton: The market opened eader but recovered on the re-assurance that the Bankhead Bill would pass the Senate by tomorrow afternoon. Speculative sentiment was reactionary.
Silver: Prices beld quite steady under support credited to foreign accounts, then turned sharply reactionary under heavy liquidation, following Washington reports that Mr. Morgenthau is opposed to taking any action on silver at present. Later, the pressure abated and a moderate rally occurred, the undertone being still quite unsettled. Business Done: 1,340,000 shares."
1.00 Borden Company
Canadian Pacific
J.. I Case
1935
HIGH
Drv. 8 Low PER SH.
LAST SALE
Mar., 14. Mar, 16.
$97+
$971
471
3.00 Air Reduction
701
8.00 Allied Chemical & Dy.
1504
148
1007
49)
4.00 American Can
100%
991
10
American Radiator.......
15
141
664
101
American "Smelting..
452
431
134
41
Le
9.00 American Tel.
Tel.
120xd
1194
5.00 American Tobacco B
70%
691
10%
1.00 American Waterworks
21
5
31
Anaconda Copper Mining 2.00 Auburn
"15
148
552
53+
"Bendix Aviation
101
10
241
231
378
24
171
171
14
721
0.50 Caterpillar Co. ......
301
291
140 Chase National Bank 1.00 Chrysler Motors......
27ąbld 27jb1d
31+
3,40 Consolidated Gas of N.Y,
404
Curtiss Wright.....
2 14
1024
331
2.00 Du Pont de Nemours
$74 961
3.00 Eastanau Kodak
89
10
+
Electric Auto-Lite Co.
291
281
10
0% 8. Electric Bond & Share......
184
18.
3+
Electric Power and Light....
101
9.40 General Electric
221
21 zd
1.60 General Foods
squirmé
30%
93
394
10
1.00 General Motors ....
*
201.
1. Gilette Salety Mi "1.20 Gold Dust
*:301
371
11
10%
Ames
191
198
La
42
生醫
16
141
851 85
40%
⠀ ⠀ 3 3 ÷ * * * * * * * *8****-*-**-÷SASARAN SEKIST
0:50 International. Harvester' International Tol & Tel. 4.00 Liggett & Myers "B"
- 1.00, Loew's, Inc.
Montgomery Ward
-9.80 National Biscuit #1.00 National City Bank
1.20 National Dairy Products. 0.60 Otis Elévatör i.
1.40 Pacific Gas & Electris...... Packard Motors.....
C Pennsylvania Railway
Radio Corph, “..................... Sears Roebuck
531 52#
391
32 xd 32 327 314 417421 291bid 291bid
•16 16xd:
∙104 164..
- 10#
194.
35%
35
81
8
"482
47年
161
167
213
1.00 Standard Oil Co. of New
Jersey
134
451
Socony Vacuum Corpa. 1.00 Standard Brands
- Standardi Gaa derniere
1.00 Texas Corporation'
Trans-America
1.00 Union Carbide & Carbon 600 Union Faride
midde
United Airsad Transport.. United Corporation.
United States Steel Westinghosting & M
t
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