1934-03-20 — Page 13

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DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Sharebrokers'

Association

Buyur Beere

Builas [Notuteal

MONDAY, MARCH 19,

Buyers

dellere

Bale Hamina

H.K. STOCK

Banks

$140 Shanghai Docks S.

$6.20

$351

New Engineerings.|

Hongkewen

Lands, Hotels, and

Buildings

3351

Steamboats

$30

Indos (pref.)

131

Do. (def.)

$33

53/9

Shells

31/

#11

Water heata

Mining

::

70 ota

Aratamoks

68 ct.169 cte..

$40

Balatcos

48 ots

Baguio Golá

$40

Beagast Consolidated

130 ct".

Do. Exploration

30 sta

Do.

Goldfield

19 ots.

Big Wedge

19 c.14 cts.

131

Gold Creek..

$5

Ipo Mining.....

$71

Itogons

25/3

Kailans scanner

$17

Langkats (single) B.

#4,85

Explorations......

$51

Shanghai Loans S.

151

713

Tronoh Mines

$240

80 cts.].'

$14

Rauba.................

Venezuela Gold Fida.

Docks, Wharve6,

Godowns, sta.

H.K. & K. Wharres.

Providentz (old) (?)

Do.

U.K. & W. Dock

dir. 313

10%

| $2.20

(New)...

$14

$3

S. China Motors A'

18

Do.

"B

RĒBES Ed

101

48 ct.

$40

17/-

$17

34.64

15/-

Lane, Crawfords. $31.

$1181

Wharves. $1173.

Cements (old), $2,

75 01-

$1,60

|$1,890]

H.8. Banks

$1,810

£141

Do (London)

216

Chartered Banks

£15

Mercantile Bka A

£vej

Do:

£13

YESTERDAY'S OFFICIAL

On Amsterdam

Sterling Parity

$93

Bank of East Asia... 303

N. O. & S. Barks ...

$20

Am. O. Fin.Corp: 8.

+4

Ch. Fin. Carp. Ord. 3.

35

Do.

Pref. 8

Insurancea

Canton Insurances...

$316

$320

$1.10 3867

Underwriter

$1.25

T

$570

Union Insurances .....

Ih88.

15:5

China Fires *********

$675

3283

H.K. Fires

$6.20 International Amson. S.

$995

at 98.20. Other sections in

QUOTATIONS

Apart from sterling securities. which continue consistently firm and reported "done" to-day, as to and Unions at Banks at $1820 $570, Hotels showed slight strength

this afternoon. and were bought Geneva.....

list, were more on less nominal.

Athens

Belgrade ... Berlin Bombay Brussels

Bucharest ....

Buenos Aires Copenhagen

the Helsingfors

Shipping

Douglases....

Hongkong Lisbon

SALES

536

Hongkong Banks, $1820.

Union Insurances, 8570,

Hotels, $6.20.

Madrid

Milan Montevideo

18.10 Florins 375 Drachma 278,316 Dinars 90.49 Marks 18. éd. per Rupes 36 Belgas 813,568 Lei 47.58d. per Paso 18. 139 Kroner 25.22) Francs 103.93 Marke

... 110 Escudos 25.221 Pesetas 9210 Lite

1/6 1/16 21.86

381 8.0. 22.40

HONG KONG DAILY PRESS. TUESDAY, MARCH 20, 1934.

MONEY AND

MARKET

MARKETS

LONDON EXCHANGE RATES

(BRITISH WIRELESS SERVICE.)

13

Mar. 15. 7.57 330 S. 225

·Mar. 17. ..

7.56 535 S.

12.83+

12.83

1/8 3/32 21.84

510

510

38+ 8.0.

32.40

15.781

15.77

226+

2261

PRESIDENT

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.

Final

ist Class Tourist Cláss

1/6 7/16

1/61

Hong Kong to Victoria & Seattle

1091

1091

37.7/16

37 11/33

and return... US$432.00

59 15/32

59 13/32

50.88d. per Pese

38 8.0.

38 8.0.

Montreal

Hongkong Trams. $21, $21.30,

$21.40.

Telephones (old), 824.80. Telephones (new), $12.95.

BUTERS

Hongkong Banks, $1800. Union Insurances, $567). Underwriters, $1.10. Douglases, $351.

Docks, $14.

Hongkong Lands, $60.

Hongkong Trams. 8211. Star Ferries, 896.

Yaumati Ferries, 8243.

Electrics, $74),

Canton lees, $2.90.

Government Loans, 83% Prem.

SELLERS.

Shanghai

Stockholm Vienna Yokohama Silver (pot) ...... Silver (forward) War Loan

ON LONDON:-

New York

4.867 Dollars 4.867 Dollars

5.093

5.091

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

US$240.00 US$196.00

5.094

5.087

Oslö

18.159 Kroter

19.90

19.90

Paris.... Prague

Rio de Janeiro

11.21 Franca 184.25 Kropen 20.80d. per Gold " -

77 15/32 1221

77. 13/32

1224-

Milreis 41 S.O.

1/41

41 8.0.

15.159 KrBOT 34.59 Schillings 24.384. per Yen

19.391 28

1/4 5/16

19.39

and return...US$450.00

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.

US$240.00

28

1/2 3/16

201

D

1/2 3/16 201

First Class

20 11/18

20 5/16

3010 $46

H.K. Hotels.

20.15

H.K Lands.........

$87

$24

Shangbai Lauda.,, B.

$14

Metropolitan Landa...

36.10

H.K. Healties... $6.40

$12

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

$137

Do. Doberturas S.

Telegraphic Transfer... Bank Bills, on demand Bank Bills, 4 months

sight

1/61

ON. PARIS:→

Credits, four months'

sight

ON SHANGHAI:—

ON SAIGON:-

On Demand

1101

On demand

ON SINGAPORE :———

ON MANILA:

On demand

833

On demand

ON JAPAN:--

ON BANGKOK :—---

126:

Où demand

ON INDIA:

31% 103 7/16

Closing Quotations

March 10, 1934

ON NEW YORK :----

Bank Bills, on demand 81

Credits, 60 days' sight.. nom

ON BATAVIA ; — `

On demand....

CRA

Bank Bills, on demand 480 Credits, 4 months' night 620

Hong Kong to Kobe and Return Hong Kong to Yokohama and return

HK$225.00

HK$255.00

Frequent sailings.

For further particulars apply

AMERICAN

DOLLAR STEAMSHIP

LINES

MAIL

LINE

#211

508

$241

$74)

Do.

(DOW)...

Do. Rights

$231

Macao do.

$2

Sandakan Lightë .......

391.80

Telephones old) $24.80

$12

$12.90

Dö. (new) $12.85

$13.40 China Buses

.S.

Tractiona

Do. (prof.).

Industrials

$11.20 Hamphreys **...................

New Asia Hotel

Asia Realties "A" S.

Do.

3140

$20

"B" S.

387

Chinese Estates......

Cotton MIL

$12.90 Ewas

5:10

S'hai Cotton....S

813 Zoong Sings ....S

$75

21,30:40

$15.00

i

871

Wing On Textilas(S.) $74

Pubile Utting

'Tramways..... 321 Peak Trams (old) ...

Do,

Star Ferries****** Yaumati Ferries ***}

!!!!

(new)...

1961

$25

9.40/9.

$9.20

$4.00 China Lights (old)... $9.35

13.40

*

H.K. Electrica #74) $78

$21

$2.00

::

$98

3101

$2

331

321

ingin

$141 Malabon Sugars

Caldbeck, Yord.

9

$18) Macgregora f(pref.)8.

Canton Ives

Cements (comb).... Do. (old)... Do. (now)....

$8.15 Rope *****

Miscellaneous

Dairy Farmasina Der A Wings...... Amusementaareg Ch. E'tainments...... Constructions, (old;

Do.

Mackintosha...)

$15

$21

$1.00

$1.90

$6.85

***

$97,60

39,80

$1.85

(new)

75 ct#

Lane Crawford......

$4

for near delivery. -

its best tighten up conditions so

J

Nanyang Tobacco...| $4ì

$13

313

Sinceres

Watsons ...............***

371

cash.

$1.00

Wm. Powells

11.10

M. Greyhounds......

S. C. Enterprisen ...

United Thestrem.......... 8.

84",

8. Ind. G.” Bonda.......) £9′′.

Shanghai Dollars

sa to facilitate commerce, and to relationship to the raw material Were quoted at 11 9/16 for assure proper settlements should rates.

Dealers are reported to be re- any legal disputes arise between

and Chinese Training from placing the usual foreign merchants Shanghal

traders. The report to which he orders for Knitting Yarns because Early advices indicated sellers at

had already alluded pointed out they believe supplies will be forth- 1/4 but subsequently the market that the greatest market in China coming from the British Spinning eased off to sellers at 1/4 5/16. from now onward would un- Mill now being erected in Shang- buyers at 1/41 March.

$137

119

$13)

$71

Cements (new), $2.

Dairy Farms, $28.

Constructions (new), 80 cts.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

REPORT

Monday, March 19. Silver prices, rose 3/16 yesterday for both deliveries, the quotations being 204 for Ready and 20 5/16 for Forward. Sver advices re- ported America and Chica as hav- The ways. ing operated both market was" steady. In America the rate was quoted at 45.80. The market was quiet.

#

New York" advices reported the opening rate at 5.09 and the clos- ing rate at 5.091.

Market

Quiet, the undertone was clined to exsiness.

"

Sterling

On demand

Tangraphic Transter... 901

demand

TRADE WITH CHINA

Chinese Banker's. Hints to Lancashire

(Special Air-Man Service;

London, March 1.

In the course of an address to the Manchester and District Bank- ers' Institute last night, Mr. Tuh- Yuch Leo, of the Bank of China, London, and Commercial Adviser m-to the Chinese Consulate General in London, "suggested that the method of direct trading between manufacturers in this country and be A small business was done dur-Importers in China, should ing the course of the morning at adopted to cut down the costs of 116 5/16 for near delivery. The goods to the minimum. market closed at lunch time with selters at 1/8 9/32 March-April and 1/6 11/32 May. buyers at 1/8 5/16 for March and probably April and 1/64 May.

U.S. Dollars

Only &

small percentage of the Chinese population, he said, could afford to buy goods of the fine quality which British manufacturers pro duced.

SOVEREIGNS, Bont Buying

Rate

BAR SILVER, per oz.

54

$

1248

IMPORT PRICES

The reports and prices are pub- Ushed as supplied of importers. COTTON PIECE GOODS AND FANCY COTTON GOODS

The following reports have been received:-

The local

for Cotton market Piece Goods remains very quiet Indeed.

.reported Some sales are

in "Spot" Staples and Spring Fan- cies but leaders state there is ál- most a complete absence of en- quiry from up-country. Japanese and dothestic productions continue to predominate although reports from Canton déclare that Japan- ese cargo is hot selling in that market.

There is a small movements in "Spot" Cotton Yarn but prices are exceedingly poor.

"Spot"

"

A small amount of business is

The latest Catton prices to hand are those of the 16th inst:-

American Mid. "Spot"... 6.62d. A recent publication entitled

Egyptian

F.G.F." Sakel, Trade and Economic Conditiona in China," he went on to my, co-

WOOLLENS firmed his advice in this respect. No doubt the outstanding difficulty reported to have been done in appeared to be that of ascertain-

certain. Woollens of July/August ing the real financial standing of a shipment but in many cases re- Chinese firm. But the moder placing costs are so far above local Chinese banks were ready to assist prites that dealers are waiting this respect in every way before fixing up fresh orders. The Moreover, the Chinese Govern-Wool market continues firm but Merchants were quoted at 128 ment had the firm intention of doing Hong Kong prices bear no proper

Some business was done early in the morning at 377 for cash. Later done for the end of 381 was March The market closed at lunch time sellers at 381 near and 38. 11/16 April buyers at 1/8 high-

er respectively,

Yen

in

NEW

·ZANITER BULLYING-HONG KONG.

·CANTON_BRANOS:—Ą, KHAKRE ROAD,

YORK STOCK EXCHANGE

ASIA LANDS, LTD., QUOTATIONS.

(INCORPORATED IN HONG KONG),

Tel. #8380-Gloucester Building, Room 306.

(REUTER'S AMERICAN" SERVICE}

New York: March 17.. -

Dow Jones Averages High-1933/34, Low: Mar, 16. Mar.," 15.

30 Industrials 20 Rails

20 Utilitie 40 Bonds

Commodity Index

110.74

58.8€

37.73

93.67"

60.44

Change

50.16 102.72

101.80 1.07 down.

25.43 48.77 19.33 26.57 73.91 93.38 41.98 64.13

48.40

.37 down

94.33

24 down

93.10

.02 up

14.08 104 down

Asia Landa, Limited, has received the following report from their New York correspondents, E. A. Piorca & Co. The market was essentially un- changed but evidently a good many traders are sceptical about the imme- diate cutlook and are awaiting more definita news in the labour disputes.

Wheat: The aggregate trade was not large.

Cotton: Values declined in sympathy with stocks. Trading houses were absorbing contracts, with renewed trade interest in near delivery at the close:

Silver: The market is marking time, awaiting the outcome of the House vote on Monday on the two Silver Bille. Business Done: 780,000 shares.

8.85d.

183 HIGH

112 160 1081

Low

Drv. $ PIR. BH.

LAST BALE

Mar., 16. Mar., 17.

397

$971

471

2.00. Air Reduction

150

1481

8.00 Allied Chemical & Dys

100

971

401

4.00 American Can vi.......

17-

16

American Radiator.

14#

144

101

American Smelting..............

431

431

1342

80

9.00 - American Tel & Tai

119

118

842

GO

5.00 American Tobacco "B"

70

691

481

107

1.00 "American Waterworks

20%

201

D

841

21

Anácópad Copper Mining" 2.00 Auburn

147

148

$4

531

224

e

Bendix Aviation

198

182

18

1.80 Borden Company

23

23

37%

Canadian Pacific

171

167

90%

103

30+

J. I Case

731 704

0.50 Caterpillar Co.

29:1

291

187

1,4) Chass National Bank

27 bid 27 bid

40%

But

7

1.00 Chrysler Motors

$29

521

Bat

31

3.40 Consolidated Gas of N.Y.

299

301

1

Curtiss Wright

41

4

1093

23+

2.00 Du Pont de Nemours

951

přená,

H.K. Gurk, Loans .....† $10

.38

Wallace Harper.........

"U.8. Dollars

$140

EK Wing On

$135

B'hai Do.

$130

164

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. C. Shamaps,

Tel. 18624

al goods, which would offset the

Opened with sellers at 34 11716 loss of trade in consumable 'goods,

but later the rete receded to 34 The fundamental principal to be BERLIN

9/16, buyers at 348 cash.

IN THE AFTERNOON The

market was easy in the afternoon but towards the close reacted slightly.

adopted if a larger market in China was to be created for Bri- tish goods was that of co-operation with Chinese interests.

000-

BOURSE SCARE Heavy Selling Of Foreign Shares

Berin, Mar. 18,

Dr. Schachiva statement has re- sulted in the fight of capital on the Bourse Into shares of Home productive Industries and the sale of foreign shares, holders of which evidently feared the Gov- theernment would confiscate them

Transport Services. Improvement in transport and communication facilities were go- Sterling

ing to have an intense influence: Business was done át 1/6 3/32 of the future trading of China. for cash followed by transactions Moro railways were under at 1/8 for April and, 1/8 9/32 témplation, and enormous strides May. Towards the close business in the development of motor roads was again transacted at 1/8 5/16 had been made by the Government May. The market closed with during the last few years. There sellers at 1/8 March-April and was also an bager desire on 1/8 9/32 May, buyers at 1/8 9/22 part of the Government to promote and use them to replenish the March-April and probably 1/8 5/1é air services. In the near future Reichsbank's dwindling - bank- these developmente were going to note coverage by exchanging them facilitate trade with China, to against foreign currencies-Reu- U.S. Dollars

degree that was not perhaps ter. Business was done at 888 for the realised. Manufacturers in Great end of March, The market closed Britain who had large interests in with sellers at 384 near and prob-China ought frequently to send ednal intercourse. ably 38 1/16 April, buyers at 1/18their directors or partners to that to hear that the University of higher respectively.

May.

4.00 "Liggett & Kyers “B” 1.00 Loew's Inn

Montgomery Ward....

2.80 National Biscuit

1.00 National City Bank

1.20 National Dairy Products ... 6.50 Okia Elevator

150 Pacific Gas & Electric im

Packard Motors........

Radio Corpo umún

Sears Roebuck--· -·······

Sotony-Vacuum Corpa

1.00 Standard Brands

Standard Gas ******

1.00 Standard Oil Co. of New

Jetsby

61.0 1.00 Texme Corporation

42.

18

50%

191

131

He was glad

Shanghai

Easter. Bellers were indicated

US Dollary

country to investigate conditions Manchester was taking steps to 201 on the spot and at first hand. The teach students the Chinese langu- China market was large enough and age. Knowledge of the language promising enough to ensure a well would be a great assot in planned enterprise. A number of future. Moreover, it would neviet Chinese merchants ofce English to bring about more intimate re Bellers at 34 7/18 bear,, buyers fluently, and they would find no lations between China and Greas probably at 344 cash.

difficulty in establishing direct per Britain.

51

the

13

at 1/4, buyers at 1/4.5/16.

Trank America

1.00 Union Carbida & Ckrbón :00) Union Pacile ........

United Air and Transport, United Corporation United States Breal Westinghouse E. & M.

doubtedly be the market for capit. Hal

3.00 Eastman Kodak

884

03

28F

10

Electric Auto-Lite Ca

28

10

#%

Electric, Bond & Share

177

Electric Power and Light....

71

10

0.40 General Electric

22

1.60 General Foods

-

21

333

10

1.00 General Motors

371

361

1. Gillette Balety na vankkaa 1.20 Gold Dust memberantasen 0.60 International Harvester . International Tel.: & Tel.

10

10%

41+

14

14

1

87

314

814

124

20 bid 29 d

10,

157 161-101

19

194

60

Pinkyvalla Railway ye

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