1934-03-23 — Page 13

Daily Press 孖剌西報 All

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Buyers Sellers Vale Noorima!

Sharebrokers*

Association

HONG KONG DAILY "PRESS. FRIDAY, MARCH 23, 1934.

MONEY AND MARKETS

LONDON EXCHANGE RATES

(BRITISH WIRELEAS SERVICE)

13

635 S...

225

12.89

-1/8 3/32

21,91

361 8.0.

22.391

15.80

2261

1/61

1097

PRESIDENT Liners

Fastest Time Hong Kong to San Francisco. Speed with Comfort.

To SAN FRANCISCO 18 Days

via Shanghai, Kobe, Yokohama, Honolulu

Fortnightly sailingu

Pres. Coolidge ...Mar. 24, 10 h Pree. Tafe

Apr. 10, Midnight Prea Hoover .... pr. 91, 8 s.m, Pra Fierce...May, 9, 8 a.m. Prea, Coolidge......May 19, 8 am.

To VICTORIA, SEATTLE 17 Days

via Shanghai, Kobe, Yokohama

Fortnightly sailings

Pres. Jackson.....Mar. 30, Midnight Pres. Jefferson. Apr. 13, Midnight Prea. Grant ...Apr. 27, Midnight Pres. McKinley May 11, Midnight Pres. Jackson...May 26, 9 a.m.

ROUND TRIP FARES TO EUROPE & AMERICA, .

Special through rates to Europe via United States.

Direct connections, with all Atlantic" lines, Choice of rail lines sorŐRE United States and Canada, liberal atop-over privileges for Sight-seeing. Full particulars upon application.

Fortnightly via Suez to Europe & America

Fortnightly sailings on Saturdays via Manila, Straits, Colombo, Bombay. Suez Canal, Alaxandria, Naples. Genoa, Marseilles, New York and Beton.

Pres. Van Buren ...Mar. 93, 6 am. Pros, Garfield Apr. 14, 8 a.m. Pres. Folkpr. 18, 8 30. Pro, Adams May 12, 8 a.m.

TO

J

Pres. Harrison.....May 26, 8 .. Free. Bayes .. June 9,8 a.m. Pres. Johnson ....June 19, 8 .. Prem. Monroe.......July 7, 8 am.

MANILA

Next Salling........ Pres. Jackson Mar. 24, 6 p.m.

Pres. Van Buren... Mar. 31, 8 am, Pree. Taft

Apr. 8,6 pm. Pres. Jefferson...Apr. 7,6 p.m.

Pres. Hoover ... Apr. 19, 9 p.m. Prea. Garfeld... Apr. 14, 8 am. Pres. Grant...... Apr. 21, 6 pm.

Connecting with 8.8. MAYON"T CEBU, ILOILO, ZAMBOANGA

$36)

་ བ་

The

$30

$33

Da (def.) GU

03/34

$11

Mining

70 cts.

Shells... sanaakaa

Waterboste

Amtamoks ................

85 ct.

$40

Balatcos

46 ot

Baguio Gold.

140

Benguet Consolidated

139

30 ats.

Do, Exploration

{39 ats.}

30 et

Do. Goldfield

11 ots.

Big Wadge

114 cts.:

131.

Gold Creek....

#5

Ipo Mining.

#71

Itogont

24/3

Kailans ............

27/-

1517

Langkats (single)

$17

$4.85

Explorations......***

$4.05.

Shanghai Loan

S..

354

$13.80

!!!

Raube

$13.80

+

Tronoh Mines

18/

161

Docks, WharrER,

$142

31174)

jex d v. $2.30

ex div, 75 cta.

***

38

Venezuela Gold Fida.

Godowns, ate:

H.K & K. Wharves.

Providents (old) ... 32 10 ex div.

Do. (new)...

H.K. & W. Docks ........

S. China Motors 'A'

Do.

3140 Shanghai Docks S.

$51.

Wharves, $117!!

Hongkong Trams, $31.35."

$116)

14

ax div. 70 at

++

"B"

*****

$14]

$2

$2

$140, 362-

THURSDAY,

Burgen

Sellars

Amias

MARCH 22.

H.K. STOCK

Banks

$1,500

F.K. Banks

******* $1,825

MARKET

2140 £15

Do. (London)

***

229

Chartered Banka

Mercantile Bks. "A"

£13

Do

£13

YESTERDAY'S OFFICIAL

593

Bank of East Asia... $93

N. C. & S. Barke

QUOTATIONS

$8.65

$20

Am. O. Fin. Corp

Ch. Fin. Corp. Ord. 8.

$5

Do. Prol. 8

Insurances

$318

Canton Insuran

$320

Underwriters

31.10

$1.96

$685

Union Insuran... $667

3620

China Fires

$625

*3783

H.K. Fires............................

$285

16.20

$12

Douglases

Steamboats...................|

Indos (pref.)

International Ance, 5,

H

SALES

#upping

Lower sterling exchange has brought out a few buying orders for Banks and Unions, both of which closed firm this afternoon. In other sections, Star Ferries and Hongkong Lands were enquired, for, and Hotels changed hands at $6.05.

Bagufo Gold, 41 cts.

136

Hotels, 86.05.

On Amsterdam Athens Belgrade...... Berlin Bombay Brusssis Bucharest Buenos Aires Copenhagen Geneva Helsingfors Hongkong Lisbon Madrid

Sterling Parity

12.10 Florins" .... 375 Drachmas 276,316 Dinars 20.49 Markı 18. ed. per Rupee 35 Helgas ........................ 813,569 Lei #47.58d. per Paso 18.159 Kroner

Mar. 20. 7.59 530 S.

Mar. 21.. 7.581

225

12.88

1/6 3/32 21,92 510

510

36 5.0.

23.391

25.22 Franca

15.81

193.23 Marke

2261

1/81

110 Escudos

109

$30

Hongkong Lands, 887,

$30

Electrics, $7411

Milan Montevideo

25.22) › Pesatsa 2.48 Lire

37 15/32

37 7/16

591

591

50.88d. per Peso"

38 S.O.

38 5.0.

116

Telephones (new), $12.90,

*Montreal

New York

$11

BUYERS

Oslo

Hongkong Banks, $1800.

Paris

Union Insurances, - 85674"

Prague

4.867 Dollars 4.967 Dollars 13.159 Kroner 194.21 FranICS 184.2 Kronen

5.11

5.111

3.111

19.90

19.90

77 19/32

177}}

1227

1222

Douglases, $351-

Rio de Janeiro

Raubs, $13.80.

28.934. per Gold Milreis

41 8.0.

Docks. $14K

Ewo Cottons, Sh. $124,

Hongkong Lands, $689

Realties, $8.20.

Hongkong Trams, $21, Star Ferries, $96

Telephones (new), $122.

Constructions (old), $1.45.

Constructions (new), 60 cts.

· Government Loans, 81% Prem.

SELLERS.

Baguio Gold, 44 cts.

War Loan

Shanghai

1/4 5/18

41 8.0. 1/42

Stockholm .............. 19.159 Kraɔnor

19.39*

17.331

Vienna

Yokohama

34.58 Schillings 24.38d. per Yen

28

28

1/2 3/16

1/2 3/16

Silver (spot)

20 3/16

19.15/16

Silver (forward)

71%

201 103 13/16

E

20.

103 13/16

Joi

26.90

Lands, Hotels, and}

Buildings

FI.K. Hotels... H.K. Landa.......... Shanghai Landa...8.

$3,20

New Engineerings9.

$351

Hongkows..... .

16.10

| 88 10 | 26.03

867

$66)

$24

$14

Metropolitan Landa..

H., Realties...

56.40

$104

China Do .........§.

$137

Do. Debenturess.

J

$11.20 Hamphreys

$11

New Asia Hotel

151

$140

$20

Asia Realties "A" 8.

Do.

"B" B.

387

Chinese Estates.......

Cotton Mille

$12

Ewos

19.

S'ha Cottons......&

113) LIP

813

Zoong Binge

S

$13+

#76

Wing On Textilos(S.)} $75'

Public Utilities

$21

$21.35

Tramways...............

1914

$15.90 Foak Traina (old)...!

$73

$74

$901

596$

1241

$25

$9.40

China Lights (old).....] 39

19.30

升级開

$9.20

Do. (now)...

$9.80

Do. Rights

$743

E.K. Electrics...

$74.00) 274)

Sandakan Liglits....

3248

Do. (new).

$12.95

$12.75

TUTTU!

$1.46

BO ctv.

+++

3.3

prem

www

3143

$21

$2.00

Do, (new)... Star Ferries

Taumati Ferries....

Do

Do..

$19.80

$93) Mand .do.

$24.80, Telephones (old)

$13.40 China Buses. S.)

6 Tractions

} 16/10), Da. (pref.)......

Industrials

Malabou Sugars

Caldbeck, (ord.) 8.

$191 Muogrogors † (pref.)8.

#190

Canton Icea **** Cements (comb.)...

•Roper

Miscellaneous

Dairy Farma

Amuseruenta c

Constructions, (old)...

Do.... (new) 70 cts.

Lane Crawfords...... $3 90 Mackinweha

Nanyang Tobacco... $4.85

Binceres .......

Watsona.........amı

SIN

$27

(old)... (DAW)...

| $1.90

A

1.80

85.85

$27

$11

jex div: $9.20

$1.86

51,90

$6.15

8271

EX

Der A Wingu

$11

as dit. $0

Ch. E'talainenta.......

334

#21

313

171

$1.80

Wm. Powells...ates

32

M. Greyhounds ...

STI

S. C. Enterprises ....

United Theatres ..... 8.

84%

B. In G. Bonds... £9%,

KLK. Garh Loans... $108)

$138

$120

Wallace Harper ...

$140 K. Wing On......

S'ka

Do.

***

مروه

313

$1.10

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 Agents

John H. Ferguson & Co.

32, B. C. Shameen.

Tel. 13634.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS."

"REPORT

Silver prices dropped yesterday to the extent of 1/4 for both deliver- les, the quotations being 19 15/16 for Ready and 20 for Forward. The drop was attributed to speculators

March 24, 1934

ON LONDON-

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

sight

151

Closing Quotations

ON NEW YORK --

Bank Bills, on demand 371

Credits, 60 days' sight.. nomi

ON BATAVIA:-

On demand.

B

ON PARIS:

Credits, four months'

Bank Bills, on demand 5791

sight

1/69

Credits, 4 monthe sight 012-

ON SHANGHAI ; —-

ON SAIGON:-

ON SINGAPORE:--

On Demand

On demand

1101

On demand........

ON MANILA:-

63.

On demand

748.

ON JAPAN:--

ON BANGKOK :-

On demand

1241

On demand an

1251

Telegraphic Transfer... ). Bank, on demand

SovERszans, Bank Buying

Rate

BAR SILVER, per ot

1/6 19 15/16

*

RISE

ON INDIA:

having sold. The market was easy. LANCASHIRE

In America the rate was lower at 45 for Spot. The tone was easy. New York advices reported the opening rate at 5.11 and the clos- ing rate at 5.11 The market was dull.

Market

Opened with indications of ensi- ress but later weakened owing to a fair demand,

Sterling" Business was done shortly after

DISSATISFIED

With Textile Negotiations

London, March 22.- During the motion for adjourn- ment in the House of Commons,

yesterday, the Conservative mem- the opening at 1/6 for near de-

ber for Gorton, Manchester, Mr. livery followed subsequently by E. A. G. 8. Bailey, voicing the transactions at 1/6 3/32 for sec-Lancashire dissatisfaction at

near. The

WORLD EFFECTS (

IN PRICE OF SILVER

China And The London Agreement

Silver has Just touched its highest price for over, three years, aud "the market is anticipating a further advance as a result of probable early action by the United States Government to re- habilitate the metal.

There is a good deal of specula-- the tion in the market at the moment,

ond. half April and 1/6 1/16 for result of the Anglo-Japanese tex- and a feeling of uncertainty has market closed attile negotiations, thought that the been created by the reported ac- lunch time with sellers at 1/6 1/32 government was anxious to avoid tion of the Shanghai Bankers' March and 1/8 1/16 April, buyers facing the issue, and urged the Association. This body is said to at 1/32 higher respectively.

abolition of the most favoured na-have petitioned the Chinese Fin- U.S. Dollars

ance Mniister to delay the ratifica- Business was done early in the

tion clause, and that the whole morning at 38 for near and also

Empire should be asked to do like-tion of the London Silver Agree- wise. April. The market closed at lunch

ment.

8in Nairne Stewart Sandeman, The bankers fear that a sudden time with sellers at 381 for near another Lancashire Conservative rise in the price of silver would'

and 38 7/16 Abril, buyers at 7/16 for cash and 38 April.

Yen

38

Merchants were quoted at 128 for near delivery.

Shanghai Dollars Were quoted at 111 for cash, Shanghal Easy. Buyers were indicated at 1/4 3/16 for April, sellers at 1/42.

have unfavourable

repercussion

member, agreed with Mr. Bailey, but urged patience, and certainly upon China, which is the principal not the abolition of the most fav-be attracted to America in large silver-using country! Süver would oured nation clause.

Mr. Austin Hopkinson, the in- quantities from China, with a con-

sequent depressing effect dependent member

for Mossley, China's export trade. Lancashire, told the members who

In the circumstances the Bank- raised the matter that the Lan-ers' Association thinks that China cashire cotton industry regarded should have a free hand to take them as an unmitigated nuisance. such action as may be necessary The negotiations, he said, depend-in the event of a sharp rise. Th. Buyers at 341 April, sellers at 34 ed on maintaining a courteous at der the London Agreement the 5/16.

titude towards Japan.

Chinese Government are to re- He told the House that people frain from making any sales of de- The market continued weak in nowadays called any successful monetised silver coins. the afternoon..

competition mfala.

U.S. Dollars

IN THE AFTERNOON

Deater Chinese Dollars "Sterling

The Under-Secretary for Over- In Sterling business was done at seas Trade Lt.-Colonel D. L. Col- and should there be a

China is on a Silver Standard 1/6 for near, April, second half ville, replying for the Government, rush" to America

"sliver April and 1/6 1/16 second half alluded to the Japanese Govern-dollar would appreciate sharply, the Chinese June. The market closed with ment, bill to deal with unfair trade thus imposing a severe handicap sellers at 1/5 31/32 March-April and competition. and 1/6 second half April-May, buyers at 1/32 higher respectively.

U.S. Dollars

TRADE MARE COMPLAINTS He had not seen the texts and

on Chinese goods in foreign mar- kets.

As the principal buyer of silver, did not know whether it would it is feared that China would be Business was done at 38 5/16 for be effective, but it indicated that placed at a disadvantage in the April delivery, The market closed the Japanese Government with sellers at 38 3/16 for near moving in the right direction re- that metal. So far only two coun- were event of a big rise in the price of and 38 April, buyers at 38 5/18garding the complaints in for March and probably ADMI,

DOLLAR

STEAMSHIP

AMERICAN · MAIL

TEMPRA. BUILDING-HONG KONG.

CANTON BRANCH:—4, SHAKER HOAD,

LINES: LINE

NEW YORK STOCK EXCHANGE

ASIA LANDS, LTD., "QUOTATIONS

(INCORPORATED IN HONG KONG)..

Tel. 98380-Gloucester Building, Room 306.

(REUTER'S AMERICAN SERVICE:)

New York: March 21.

Dow Jones Averages High-1933/34, Low: Mar, 20.

20 Industrials

110.74

20 Rails

20. Utilities 40 Bonds

Commodity Indar

50.16 101.01

$0.04

37.73

93.57

35.43 47.94 19.3326:12 -73.21 92.77

BU.44

41.98 $3.68

Mar., 1. Change 99.33 1.8 down 48.94" 1.00 down 26.71

41 down

92.68

..19 down

53.29

.7 down

Asia Lande, Limited, has received the following report from their New York correspondents, E A-Pierce & Co. The market is awaiting the out- come of the labour conferences. Beyond that there is little or nothing to

say.

Wheat: Prices fuctuated with scauritios,

Cotton: Narrow sad rather reactionary. The Trade bought on the scale-down but purchases were insufficient to absorb offerings, which originated abroad." Sentiment was quite mixed.

Silver: The uncertainty over the silver legislation and the easiness in London and Shanghai caused a decline. A statement credited to Sen- ator Pittman, advocating the use of silver as a means of broadening the metallic base, attracted scattered buying,

Continental Oil has declared a dividend of twenty-five cents.

Business Done: 1,070,000 shares.

**

400

Bendix Aviation

Canadian Pacific

100 General Motors... 1.0

1932,

DIY. $

LAST SALX

Hion

Low PIR. SH.

Mar., 20. Mar, 31.

943

112

471

3.00 Air Reduction

941

150

702

8.00 Allied Chemical & Dya .............

148

148

1001

4.00 American Can

97

· 97

on

17

10

American Radiator.....

144

14

201

American Smelting......

423

41

1342

B&!!

9.00 American. Tel.

Tol.......

118

1174

942

5.00 American Tobacco "B

682

671

IU

921

1.00 American Waterworks

Anaconda Copper Mining

201

201

144

14

842

ar

.200 Auburn

52

51xd

184

18

297.

371

18

1.60 Borden Company

23.

23

171

162

J. I ChioOVE

70+

100

0.50 Caterpillar Co.

29

281

154

140 Chase National Bank

27bid 26 bid

71

1.00 Chrysler Motors

521 -501

31+

3.40 Consolidated Gas of N.Y.

39

381

Curtise Wright...

4

32

2,00 Du Pont de Nemouraj..........

951

03+

ва

48

3.00 Eastman Kodak

en

881 87)

281

10

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

271 271

10

6%. Electric Boad & Share .....

18

17:

48

-31

Electric Power and Light...

150

10

0.40 General Electric

213

30

1.60 General Foods

AIDS

331

$331

371 36

10

at

U.S. Dollars

Regarding the breakdown in the It is understood that the views textile negotiations, he said that expressed by the Chinese bankers the Government did not intend to have been submitted to President Business was reported at 341 stand with folded arms and allow Roosevelt. The market is doubt April.

con-tries bave ratified the Agreement, nection with the infringement of viz., America and India, both of. trade marks.

whom are big sellers of silver.

201

st

27*

19

Gillette Safetyumus 1,90 Gold Dustinators

10% 10%

194 194

46

138

0.80 International Harvester

417 401

401

International Tel & Tel. 4.00 Liggett & Myers

14

14

B

88

88

B

1.00 Loew's Inc.

--314

81

Montgomery Ward

31

331

30

9.80 National Biscuit

421 421

189.

100 National City Bank

284bid 28blo

104

1.20 National Dairy Products

151 151

0:00 Otin Elevator

157

151

1.10 Pacifio. Gas & Electric

191

191

-Packard Motora

5F

135

6C Pennsylvania Railway.

34

REICHSBANK QUOTA. :

12

474

Socony-Vacuum Corpn.

161

From Kwangtung Raw SUK Test- ing Bureau Department of Re- construction Canton, China,

1.00 Standard Brands ...

21

201

Standard Gra

121

∙124

231

1.00 Standard Oil Co. of New

·JOTBOY.

451

101

1.00 Texas Corporation,

30.0

.6001

.68.75

Canton Quotations

.March 20. Extra O... 13/15 HK. $510N, Small Extra 0.8. 13/15 HX.

$410N

Trans-America

da.

1.00 Union Carbide & Carbon ...

607 Union Pacifo

...

107

United Air and Transport

****** 77.53.

-Transocean Kuo Min.

Crack. NB. 14/10 HK., 8325P. Extra Exton 20/22 H.K., 3325NA Waste NS. Open HE SOON.

Westinghouse & 14;

Shanghai Weak Business was reported 1/4 1/18 April,

- RUBBER QUOTATIONS

The following Rubber quotations were cabled to Mesars. Benjamin & Potts, Shanghai Office:

Anglo-Javas

Anglo-Dutch

Batu-AnamS

Chemors

Consolidateds

Rate on Rate on 13.3.34 20.3.34 $5.60 $5.50

matters to take a course detri-ful whether a consideration of mental to British interests, but it these views by the President will would not be wise to make a pro- America's silver programme..

lead to Some modification of l nouncement while the two Gor ernments were reviewing the grave question.-Reuter."

TIONS

[Special to the "Hong Kong Dally Fram" (Uopyright).]

Berlin, Mar, 21. Reichsmark quotations (without guarantee):

3.40

3.50

40

.38

.45.

.45

1.80 1.80

New York

Kroewocks

45

.43

Paris

.43

.43

Amsterdam

Tanah Merahs

1.33.

1.32

Tebongs

.50.

48

Zlangbes

5.75

€.00

Repahs

Paris Sterling Dollar

Canton Silk Market

409

Radio Corpn.

Seara Roebuck

United Corporation.

United States Steel

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