DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Buyers Bellmea
Sharebrokers'
Association
WEDNESDAY.
No@a}
Rayore
Ballara
Balm
MARCH 28.
Banks
$1,995
£138
928
£13
.390
H.K. Ban's
Do. (London) ...| Chartered Banks
Mercantile Rks. “A”
Do.
Bank of East Asia...
N. O. & S. Barks... 8,85
'0"
$20
Am. O. Fin. Corp: 8.
5+
Ch. Fin. Corp. Old. s.
$6
Do.
Frai, 8
MAITANE⠀⠀
$1,595
મ #13
$93.80
1957
Insuranzes
Canton LaurANI OGG .....
$315
$1.10 367
Underwriters......
+
3320 $1.25
Taion InsuranCOS ... $675
$575
35:5
China Fires********
Itogons, $7.
3325
$267
.K. Fires
16.20
International Anace, S.
jox div. 874
Raubs, $144.
Hotels, $8.05.
Shipping
ל
3351
Douglases
$26
Hongkong Trams, $21.
BUYERS
Madrid
Milso
HONG KONG DAILY PRESS THURSDAY, MARCH 29, 1934.
MONEY AND MARKETS
H.K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL
REPORT
The market, after yesterday's Settlement. had a tired appearance this morning. but there is no ma- terial change in rates to be noted. SALES
Hongkong Banks, $1825, Antamoks, 72. cts.
LONDON EXCHANGE RATES
(BRITISH WIRELESS SERVICML)
Amsterdam Athens Belgrade ! Berlin
Bombay l. ed. per Rupes Brussels Bucharest
Buenos Aires Copenhagen..... Geneva..... Helsingfors.
Hongkong
Lisbon
... 25.22) Pesutas
9.48 Tire
13
Sterling Parity
..... 12.10 Foring
.... $75 Drachmae
276,316 Dinara.
90.42 Marka
Mar. 6. 7.58 .530 S.
225
12.854
Mar. 27. 7.58 533 S. 228 12.851
35 Bolgan 613,568 Lei 47.56d. per Peso
1/6 3/32 21.38
610
510
36 8.0.
36 S.O.
18.159 Kroner
22.391-
22,39
95.924 FrancS
15.79
15,791
183.23 Marke
2261
*224」.
1/6)
1/61
110 Esendos
1001
1001
37 13/32
37 7/16
59 7/16
59 7/16
12
Steamboats
Union Insurances, $572).
$30
Indow (pref.)
Underwriters, 31.10.
Montevideo Montreal
50.88d."per Peso
38) 6.0
-381 5.0.
4.967 Dollars
5.101
5.10
133
Do. (def.)
$35
Bagulo Gold, 40 cts.
51/10 Shella
Raubs, $14.10.
P
40 ot.
***
72 ots.
$11
Waterbosta
New York... Oslo
4.867 Dollars
5,097
.5.09%
18.169 Kroner
19,90
19.00
Mining
Realties, $6.
Paris ......
194.1 France
70 15/32
77 17/32
Amtamoks............ 70 ots.
74 sta
$38
Balatcos
Bagnio Gold
43 st.
$38
Benguet Consolidated
237
26 ct.
Do. Exploration
121 eta.
20 eta
Do. Goldfield
#7
13 cts. Big Wedge......
Gold Creek....
16 ata.
Hongkong Trams. $20.80. Electrics. $73.
Telephones (old), $23.70. Constructions (ald). $1.70. Constructions (new), 70 cts. Government Loans, 84% Prem.
SELLERS
Electrics, $74.
Prague......
Rio de Janeiro...... 28.03d. per Gold
18.150 Kronor
34.58 Schillings
Yokohama.......... 24.38d. per Yen,
Silver (spot)
164.25 Kronen
122).
1247
Milreis
41 8.0.
41 8.00
Shanghai
Stockholm
Vienna
1/41
1/41
10.39*
19.39
28 •
28
1/2 3/18
1/2 3/16
20
20
}
Ipo Mining..
Trogons
24/3. $18 $4.85
Kallan's
Langkats (sio ple) 8.
27/ $182
Explorations,
9480
Shanghai Loans
$14.10
$14.95
Rauba... $13,80
*
Tronos Mines
......
19/
Venezuela Gold Fids.
Docks, Warrez,
Cements (ald), $1.90:
Cements (new), $1.90,
Silver (forward)...
War Loan
20 1/16
..20 1/16
24%
34% 102 13/16
34% 1037
Pros Tatt.Apr. 8,6 p.m.
Pres Jefferson....Apr. 7, 6 p.m.
Free. Hoover...... Apr. 12,9 p..
1/6 3/32 21.88
PRESIDENT
iners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolula
Fortnightly sailings Fres. Taft.Apr. 10, Midnight Fras. Hoover Apr. 21, 8 sm. Free. Per....May. 9, 8 a.mn. Pres. Coolidge...... May 19, 8 a.m.` Pror, Wilson......June 6, 8.0.
To VICTORIA, SEATTLE 17 Days
vis Shanghai, Kobe, Yokohama
Fortnightly sailings" Pres. Jackson...Mar. 90, Midnight Pres, Jefferson. Apr. 13, Midnight Fres, Grant pr. 27, Midnight Pre McKinley May 11, Midnight
May 20, 8 am
Prea Jackson
ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe via United States. Direct connections" with,all Atlanto linas. Choice of rail lines acroER United States and Canada, liberal step-over privileges for Bight-seeing. Full particulars upon application.
Fortnightly via Suez to Europe & America
Fortnightly sailings on Saturdays via Manila, Straita, Colombo, Bombay, Suez Canal, Alexandria, Naples, Ganca, Marseilles, New York and Boston.
Pree. Van Buren Mar. 91, 8 am Pres. Garfield pr. 14, 8 a.. Pres. Polk.Apr. 29, 8 a.m. Pres. Adamsærin
May 12, 8 a.m.
Pres. Harrison......May 28, 8 am, Pren. Hayes ... June 9,8 a.m. "Pres. Johnson......June 23, 8 am Pres. Monroe... July 7,8 am
TO MANILA
Next Salling...... Pres. Van Buren Mar. 31, 8 a.m.
Pres. Grant....
Ápr. 14, 8 am,
Apr. 21, 6 pm.
Apr 28, 8.
Fres. Garfield....
Pres. Polk.......
$90.80
HOUR!
$115
1. $2.30
170 eta.
#Ich j
Godowns, etc.
H.K. & K. Wharves.
Providents (oki) ".)
Do. (haw)... H.K. & W. Dooks 8. China Motors A'
Do.
$140 Shanghai Docka S.
Lands, Hotels, and
19"
18
3114
12.10
70 ct.
$141
$9
$139
**
MAURN
$6.20
New Engineerings8.
$351
Hongkew
Buildings
$6.05
H.K. Hotola LILIA
$3
76
36%
H.K Landa.......8..
$661
324
Shanghai Lands...8.
$14
Metropolitan Laude...
3187
$21
H.K. Besltics.........36.15
China Do................ß.
$137 Do. Debonturos.
$11.20 Humphroge...
***
$140
$20
$87
New Asia Hotel.......
Asia Realties "a"8. Da. "R" 8.
Chinese Estates......
Cotton Mila
$19.40 Ewos
$119
י'
S'hai Cottonsfold)S.
1
Do. (new)S.
813+
Zoong Sings S
$76
Wing On Tortilas(3.)
Public Utiliting
Tramways....
$31
$16.90
Poak Trama (old)...
$72
Do. (new)...
396
Star Ferries
$97
$241
$9.20
China Lights (old)...] 184°
$8.90
19
Do
(new)...*.
Do, Rights
$73
$74
H.K. Electrics ......
$74
$232
18
$12.80
Yaumati Ferries $751
Macao do.
Sandakan Lights ........
***
Telephones (old) $234
Do. (new) 119.60
$13.40 China Busas B..
+
$23.70
8
16 104
$142
$21
319
$1.70
70 str.
a',
12.90
$1.90
$1.80
46.18
$271
$3
Tulane mafu
391
$13
177
31.80
Traction
Da (pref.). Industrials Malabon Bagers..
Caldbeck, 1ord.) S.) Macgregorsƒ(pref.)8.
Canton Ice
Cementa (old)...
Do.
Воро
(new)...
Miscellaneous
Dairy Farms acert
Der A Wings......................
Amasemente ....................
Ch. Ftainments......
Constructions, (old)] $1.70
Do.
(new) 65 sts.:
Lane Crawford.......
Mackintosha
EHU 14 1
76 143.
H.K. Ropes, $6.15. ..
THE EXCHANGE
MARKET
MESSRS. ROZA BROS. REPORT
The Suver market in London was, probably stagnant judging by the absence of a change in the rates for the fourth day in succes- sion. Rates were 20 for Ready and 20 1/16 for Forward. Advice were not informative, merely recording the very small business and the Idleness of the market. In New York the price was down. at 45. The tone was dull.
!!
Sterling opened and closed in New York at 5.10.
Market
Inclined to easiness at the open- ing followed by an uncertain per- lod and eventually developing easi- ness. The market was possibly brought down more by talking than $12.80 from any other cause.
Sterling Could have been obtained at the $131 opening at 1/6 1/18 with buyers $769
bidding 1/6 for near delivery. A small business was fixed at 1/81 fon delivery in the month of May. $71/6 3/32 was also reported for April. Sellers held off subsequently bringing buying inquiries to May, 1/6 3/32 April and 1/6 1/18 for near. The best selling rate at the close was 1/6 for March/April, 1/6 1/32 May and 1/8 1/16 June with buyers at a fraction higher.
38.70
$1
$1.80
$1.80
25.85
$271
$4
39.20
$3.90
Nanyang Tobacco... 34.65
Sinceres
Watsons
3710
Wm. Powells
39 M. Graybounds
41. C. Enterprises...
332
United Thostros... 8.
84%, B. Ind. G. Bonds... 31/
0140
K.K. Gork, Loans... $18
Wallace Harper,
H.K: Wing On
S'bal." Do.
$135
3120
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. Shamsen.
Tal. 18624.
U.S. Dollars
Were offered at the opening at 38 7/16 with buyers at 38 9/16 and gradually receded
to the closing rate of 381 for March/April and 38 5/16 May sellers with buyers at 38 6/16 March/April and 384 May. Nothing was done in the Interbank market. Chinese were reported to have covered to a fair extent.
Yea
1282 was obtainable at the open- ing.
Shanghai Dollars
111 5/16.
Shanghal
The market was easy.
Opening selling rates were 1/4 3/18 and 34 receding later to 1/4 and 34 5/16.
BERLIN
STOCK
MARKET
Closing Quotations
ON NEW YORK:-
Bank Bills, on demand, 273.
Credits, 60 days' sight.. 'nom
On demand
"OX PARIS:-
Bank Bills, on demand 57:4
Credita, 4 months' sight 812)
March 28, 1934
ON LONDON:--
Telegraphic Transfer...
Bank Bille; on demand
51
ON BATAVIA
Bank Billi, 4 months'
sight
1/5/
Credits, four months'
sight
1/01
J
ON SHINGELLI:--
ON SAIGON:-
110:
On demand"
ON MANILA:---
€30
On demand
ON BANGKOK :
On Demand
ON SINGAPORE:--
On demand
ON JAPAN:-
On demand 123 ON INDIA:
On-demand
SOVEREIGNS, Bank Buying
Telegraphic Transfer... Bank, on demand
Hate......
DU
1 BAR SILVER,^per oë,
742
HYDRO-ELECTRIC TAPAH_RUBBER
INDUSTRY
ESTATES
The year 1933 saw a further Dividend of 4 Per Ct.
increase in the productive capacity of the hydro-electric industry In Canads. The electrical develop ment of her rich, water power re- sources is one of 'the main, factors
Recommended
The net profit for the year of Tapah Rubber Estates Ltd., to be reported to the annual meeting on March 23 amount to $26,431.46 (as against $10,258.78 for the pre-
ded the balance of $42,634.11 brought forward from last account ject to directors' fees." The direc making a total of $89,015.57, sub
tors recommend that this be dealt with as follows:-payment of a dividend of 4% absorbing $23,346.80, carry forward to next account 45,868.77, total $69,015.57 The total planted area is 2,0841 acres.
in the industrial progress of the Dominion, and the steady increase of these installations is a valuable measure of its long term trend. The total turbine capacity of thevious year), to which much be ad- hydro-electric stations of Canada at the end of 1933 was 7,332,070 city was 7,045,260 hp- so that the hp. At the end of 1932 the capa-
total increase between the two increase between the two years years was, 286,810 hp. Of this was 286,810 h.p. Of this increase, 16,600 h.p. consists of installations completed in 1832, but not record- ed in the estimate for that year, while the net increase during 1933 amounted to 270,210 h.p.
The crop harvested totalled. 949, No water-power undertakings of mag-
831 lbs. The estimated production for 1934 la 950,000 lbs. Necessary nitude were initiated during the
cultivation work is being carried year, the increase being the result of work begun in previous years that the estate generally is in out. and the visiting agent reports Some of these projects are of
good condition. A piped water great extent and still not com- pleted so that they will contribute supply has been laid to the coolle further to the Increase. of capa-have been maintained in a satis
lines, and buildings and equipment city during 1834.
The most notable feature of 1933 factory state of repair. Labour has been adequate, sud health in the hydro-electric industry has been the recovery of power de conditions remain satisfactory, Mr. mand. The monthly figures of E W. Battenby remained in char- electrical production, indicate a ge throughout the year. The pro- substantial increase over 1932 for perty has been visited" quarterly' the months from May onward. by the Hori. MrH, E. Nizori”. Mr. Production in July, August, Sep-J I Dawson resigned on the re- tember, October and November turn from leave of Mr. H. D. was higher than has been recorded | Mundell who resumed his seat on in the corresponding month of any the Board. Mesurs, W. H. Mac- previous year, in fact, the figure | gregor and H. D. Mundell retire for November, constituted an all-in accordance, with the provisioris time high for, any month, as did of the articles of association, bat, (Spesial to the "Hong Kong Daily also October in its turn The being eligible, offer themselves
Press" (Copyright).]
December figure is not yet avail for re-election. Mesars. Derrick able, but if it sustains the record and Co. auditors, retire and are estimated that the total annual of the past few months, it is eligible for reappointment
Firmer Tone Rules
Berlin, March 27. Firmer prices ruled the share market on Tuesday, some standard production will not be much short in progress a project for a tem- shares making sharp recovery. In of 1930, the highest year on re-porary hydro-electric plant to sup- certain cases the shares of com cord. While the gain in produc-ply power to the Bridge River pantes engaged in the business of tion has been general throughout mining district pending "the com- importing raw materials for in- the Dominion, it has been most pletion of the larger Bridge River stance. rubber and wool tended to pronounced in the Provinces of scheme work upon which has weaken owing to the misunder- Ontario and Quebec in the fatter been temporarily suspended. In standing of the new law regula- province all-time high figures have the Prairie Provinces generally, no. ting import but the explantion been recorded.
new.undertakings were begun dur-
DOLLAR
AMERICAN
LINES LINE
Connecting with 8.9. MAYON To CEBU, ILOILO, ZAMBOANGA
STEAMSHIP MAIL
ZEDDER BUILDING-RONG XONG,
"GANTON RANCH:—4, KWAKEK ROAD,
YORK STOCK EXCHANGE
NEW
ASIA
LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG).
Tel. 98380-Gloucester Building, Room 300.
(REUTER'S, AMERICAN SKEVICE.)
New York: March 27,
110.74
56.94
30.18.100.93 28.43 47.84 "
37.73
103.57
80.44
19.33 28.26. -78'11 $2.80 41.98.53.98 -*
Dow Jones Averages, High-1933/34, Lowi. Mar., 26
30 Industriala 20 Ra
20 Utilities 40 Bonds Commodity Index
Mar, 27.
Change 98.76 919 down 46.62 1.23 down. 20.74 62 down 0.60103 down 63.12 .83 down
Asia Landa, Limited, has received the following report from their New York correspondents, E A. Pierce & Co. The market was steady enough after the first hour but there was no rally and we do not see how it is possible to anticipate. The Trade would rather stay on the side-lines and waite
Wheat: The weakness was due to the decline in securities and the news from Washington relative to speculation. North-Western crop news was very unfavourable.
Cotton: After general liquidation by the Trade and Japanese, the progress of the Bankhead Bill caused a substantial recovery.
Silver: Early selling was absorbed by the Trade...
Business Done: 1,590,000 shares.
844
199
Canadian Pacific
1474
1935
Drv.
LANT SALE
HIGE
11% 150
Low
PER SH.
Mar., 28. Mar, 2
471
3.00 Air Reduction"
$941 $84
1484
701
8.00 Allied Chemical & Dys
021 -962
1084
48
4.00 American Can
i
142
1
100
American Hadiator........
141
101
American Smelting..
42)
411
1342
મ
9.00 American Tel. & Tel.
1191
117
601
6.00 American Tobacco "B
684
871
431
104
1.00 American Waterworks
211
204
15
Anaconda Copper Mining
142
14'
31
2.00 Auburn
534
Bendix Aviation
104
181
27#
18
1.80 Borden Company.
221
167
181
90k
71
103+
J.L, CO
704 68
"01.
6.50 Caterpillar Co.
30
284
...10.
1.50 Chass National Bank
27+ +254
Bat
74
1.00 Chrysler Motors
634
511
21+
5
3.40 Consolidated Gas of NY.
Curtis Wright
391
.38*
:102#
28
3x 2.00 Du Pont de Nemours
2.00 Eastinau Kodak ...
--Electric Kato-Lite Co. in
951
934
87
86
284
10
#% z. Electrić Bond & Share
248
15
30
1
Electric Power and Light. 0.40 Gener Electric
·51
21.
1.60 Gateral Foods..
334
418
1.00 General Motors
38
1.07 Gillette Safety
101
201
-194..
27
134
0.60 International Harvester
414.
$1
D0%
38
35
奶果
95
issued by the Reichs economics * Increased Installations ing 1933, but the Manitoba Gov- Minister stating that purchases The increase in installation dur-ernment has conducted a survey already completed abroad were ing 1933 resulted chiefly from the of power possibilities in the Island. not affected cleared up the attua-completion of the Masson develop Lake and God's Lake mining tion and permitting recovery:
ment of the Maclaren-Quebec | areas. In Quebec, in addition to The new demand in the Fixed Power Company on the Lievre the Maason development, work interests securities market favour River in Quebec, and the bringing was continued on the Beauharnois ably influenced prices, Calf money installation, of the Canyon de-project of the Shawinigan Power into operation of the initial project and on the Rapide Blanc 4 3/8 to 4 5/8, Young Loan rose velopment on the Abitibi River Company on the St, Maurice River. 3/8 to 94 7/8. Reichsbank dropped in Ontario by the Hydro-Electric in the Maritime Provinces, except 401 1 1/8 to 150 7/8, Dyetrusts sprang Power Commission 1 7/8 to 138 7/8. Salzdetfurth of 280,810 h.p. reported as increase tivity in new construction book
Or the total for line extensions, the only ac Potash dropped 31 to 1441 between 1932 and 1933, 147,000 place on the St. Croix River in German Steel Trusts advanced 7/8 h was in Ontario. 136,000 hp. connection with a proposed 3,750 to 14 3/8. German Mineral Oils in Quebec and 3,810 h.p. in British h.p. development at Hartville, Improved 21 to 1154. Blemen- Columbia. The British Columbia Nova Scotia, by the Minas Basin shalake 7/8 bether at 141 Con-projects completed were almost all Pulp and Paper Mails. The com tinental Rubber fell 14 to 144. in connection with mining enter-pany expects to complete the Daimler Benz motors rose 2 to prises. In that province the instalation of this plant before 561-Transocean Kuo Min
Bridge River Power Company has the end of 1934;
101
1.20 Gold Dast
International Tal & Tel.
4.00 Liggett & Myers
100 Loew's the
Montgomery Ward
2.80 National Bruis"
1.00 National City Bank
B
1.20 National Dairy Products
0.60 Otis Elevator:m
1:30 Pacific Gas & Electric
Packard Motors
166 Pennsylvania Railway, Radio Corpn...... Sears Roebuck Bocony Vacuum Corpu 1.00 Standard Brands
Standard Ga
1.00 Standard Oil Co; of
Jersey
1.00 Texas Corporation Tran-Americs
139, 8130,00
1.00 Union Carbide
Union-Pacifis United Air and Daited Corpora United States Steel Westinghouse ESS
198
--314
32
425
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