DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayar ker
Malas
$1,930
Nausha
£137
FRIDAY. APRIL 18.
Backs
B.K. Banks................ Do (London)...!
Chartered Banks ........ Mercantile Bks. "A"
Association
Sellers
Bayere
13
Apr. 13.
7.823 537 S.
HONG KONG DAILY PRESS.
SATURDAY, APRIL 14, 1934.
Sharebrokers'
MONEY AND
H.K. STOCK
EXCHANGE
WEEKLY REPORT"
ال
MARKETS
LONDON EXCHANGE RATES
Like recent weeks, the past week] Belgrade ........... ́has shown no improvement in the state of the market, which re- mained quiet and patchy. Sterling Brussels..... securities, however, are more than Bucharest ...... holding their
especially Buenos Aires DWIL Unions, for which there is still an
Copenhagen unsatiķiled demand.
Jan Geneva The sales to be noted below Helsingfors were on a small scale throughout Hongkong
the period.
Closing tone dull.
.
BUSINESS DONE DURING THE WEEK
HK. Banks: 81,830.
$30
Hotels: $5,85, 85.90, 86.
31/-
Lands: $68)..
#1
Tramways: 8201.
Star Ferries: 897, $964.
Electrics: $714, 8711.
Telephones (Old): $231.
Liabon
Madrid
Milan
Montevideo Montreal
New York
Paris..
Oslo
(BRITISH WIRELESS. SERVICE, )
... 110 Escudos 25.29 Pesetas ..... 92.40 Lire 50.880. per Perso 4.867 Dollars 4.867 Dollars
601 .372 8.0.
· 5,144 5.161
19.903
***.225
13,08 1/8 1/16 20.07
On Amsterdam Athens
Sterling Parity
Berlin ............... Bombay
..... 12.10 Florina ...: 375 Drachmao 276,316 Dinars 90.43 Mafka 1s. d. per Rupee ..!!...35 Belgaa .......................... 313,5e8 Lai ..47.56d. per Peso 18.159 Kroner 96.224 Francs
Apr, 1 7,63 538 8. 125
13.06)
1/8 3/32 22.05
517
619
38 8.0.
36 9.0.
•22.39+
22.39
-15.931
15.943
193,3 Mark
2264
2264
1/6
1/6
110
110
372
37 13/16
601
37 11/16 8.0.
5.15 ..
5.181 19.901 78.9/32 124
18.150 Kroner
124.21 Franca
164.25 Kronen 26.934. per Gold Milreis
78 7/32 134
41 8.0.
4 S.O..
1/42
1/4+
19.40
28
28"
24.58d. per Yen
1/2 5/32
1/2 5/32
201
201
20 3/16 201
#1%
31% 104 5/16
31 101 5/16
19.40
PRESIDENT Liners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
"To SAN FRANCISCO 18 Days
via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings -
Pres. Hoover Apr. 21, 8. Pros. Pierce.......May. 9, 3 km. Pres, Coolidge...... May 19, 8 a.. Pres. Wilson..............June 6, 8 8.01. Pres, Hoover..............June 16, è a.m.
To VICTORIA, SEATTLE 17 Days
via Shanghai, Kobe, Yokohama
Fortnightly sailings
Pres. Grant Pros. McKinley Pros. Jackson Pres. Jefferson.
Apr. 27, Midnight May 11, Midnight May 26, 8 am.
June 8, Midnight
ROUND TRIP FARES TO EUROPE & AMERICA,
Direct Bpecial" through rates to Europe via United States. connections with all Atlanta. Lines. Choice of rail lines serous United States and Canada, liberal stop-over privileges for Bight-seeing. Full particulars upon application.
Fortnightly via Suez to Europe & America
Fortnightly silings on Saturdays via Manila, Straits, Colombo, Bombay, ¡Suez Canal, Alexandria, Naples, Ganda. Marsailles. New York and Boston,
Pres. Garfield ........... Apr. 14, 8. m.. Pres. Polk.pr. 98, 8 am.. Pres. Adama May 19, 8 a.m. Pras, Harrison......May 26, a.m.
June 9,8 m Prox. Bayes".. Pres. Johnson ..... June 28, - am Prex Monroe.....July 7, 8 - Prea. Van Buren. July 21, 8 am,
TO MANILA
$1,835
£16)
ex div. Sith
928
£13
Do,
303
Bank of East Asia....
213 183
N. O. & S. Banka
$8.80
$3,90
190
Am. O. Fin. Corp!
8.
Ch. Fin. Corp. Ord
Do. Pret. 8
***
Insurances
Canton Insuranson ...
$310
$320
Underwriters
DAUGHT
$1.15
$1.95
$585
Union Insuram 1580)
$590
3525
Chins Fires ********
3265
H.K. Firas.........................
$974
$4.10
International Asso. 8.
skipping
135)
Douginas n
Steamboats
$30
Indos (pret.)
$33
Do. (def.)
B1/10+ Shella.......
Waterboats
Mining
::
73 et
Amtamoks
79 - ota,}
$38
Balatcos
41 at.
Baguio Gold
42 ote.
144 04.
$36
Benguet Consolidated
Tas
23 ats
Do. Explorations; ats
|20 sta] Do. Goldfield
Cements (New): $1.80.
19 st. Big Wedge.
15 dia,
13 Gold Creek..
$5
Ipo Mining.
$7
23/
27/-
$19) Langkats (sir glo) 8.
$19
54.95
Exploration...... 8.
$4.85
$5 DO
Shanghai
Loans S.
$6.80
Telephones (New): $12.45, $12.35.
Cements (Old): 81,80, $21.
Dairy Farms: $281.
Constructions (New): 70 cents.
Antamoks: 73 cents.
Ewo Cottons: Sh. $11.80, 811.65.
Shanghai Docks: Sh. $132,
CHANGES (3.15 P.M.) CLOSING
QUOTATIONS
Buyers
Prague...
Rio de Janeiro......
Shanghai
Vienna..... Yokohama.
Silver (spot)
Silver (forward)
War Losa
18.159 Krobor 34.68 Schillings
Stockholm
Raubs NY
14.30
Tronoh Mines
18/
Cements (Old): $2.15. Cements (New): $2.15.
7
$100
H.K. & K. Wharver.
$1.80
Providents (old)
175 cts.
Do.
(new) ...
$15
་་་
$2
8. China Motors "A"
18
Do
"B"
15.20
New Engineerings8,
$350
Eongkewa
Lands, Kotain, and
36
95.90
mang
$664 $264
Shanghai Lands...8.
$11
Metropolitan Bazdı.
H.E. Realties.........
$15
Chius Do
$137
Do. DebenturesS.
36 Venezuela' Gold Fida
Docks, WharVOR,
Godowns, ate,
Sales
Tramways: 820).
April 13, 1994
ON LONDON ¦---
$107
---
$1.90
Telegraphic Transfer... Bank Bills, on demand Bank Bill, 4 month
51
H.K. & W. Dooks $15
sight
Credits, four months'
$132 Shanghai Docks S.
39
$133
મ
sight
1/6
ON, SBANOHAL :-
ON BAIGON:-
On Demand
1105
On demand
ON SINGAPORE:-
ON MANILA-
On demand
63
On demand
734
Buildings
H.K. Hotels.orazzer H.K Lands.....5.
ON JAPAN -
ON BANÚKOK :-
On demand
123
On demand
120%
NEW YORK
ON INDIA :-
SOVESZIGNS, Bank Buying
Telegraphic Transfer...
Rate....
1/6)
Bank, on demand
BAR SILVIE, per os,
3/16
Closing Quotations
ON NEW YORK:-
Bank Bills, on demand 781 Credite, 60 days' sight., 39Į ON BATAVIA':-
On demand........... 56 ON PARIS
Bank Bills, on demand 577- "Credits, 4 months* right 617)
Next Sailing.
.Pres, Garfield Apr. 14, 8 a.m.
Pres. Grant.......... Apr. 21, 6 p.m. Pre Polk............ Apr. 29, 8 aɔ. Pres. Pierce.. May 1, p.m.
Pres. McKinley May 5,6 p.m. Prea Coolidge ......May 10, 9 μm.
5o Connecting with 8.8. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
TDI NUONG LONG Tra CANTON BRANOK 14 SHAKIE ROAD,
STOCK
EXCHANGE
AMERICAN ORIENTAL FINANCE CORPORATION.
FED, INC., “US.A.
QUOTATIONS
Tel. 98831-Gloucester Building, Suites 301-306
(KEUTER'S AMERICAN SERVIČR.
$11.80
$11.20 Humphreys ........................
$140
$20
...
New Asia Hotel
Asia Realties "A"S Do. "B" S.
Chinese Estaten.....
Cotton Mille
་་-ས་བ་བ----;S,
Ewos
Shai Cottonsfold)S.
Do. (new S
Zoong Sings ......S Wing On Textiles(S.)
Public Utilitig
Tramways
$15.00 Peak Trains (old)..
178
$131
$134
$70
$30)
$73
Do.
(new)...
371
108
Star Ferries
$211
Yaumati Ferriet ....
China Lights (old)...
$8.95
"381
Do.
(new)...
Do.
Rights
37:1/711
H.K. Electrice ...*****
£71
$131
$8-
$23
70 cla
***
!!!!!!!
$11.85
$11
361
· ផ្ទះ៖ ផ្ទះ
$49
$169 $24.90
18.70
$28
$12
SIA
32
$1.90
85.81
$26.60
13
$8 80
$12)
Macao do.
Sandakan Lighsta
Telephones (old)
Do. (new)
$13.40 China Buses .....
16/101
$14
$21
Tractions
no. (pref.)......
Industrials
Malabon Bugara Caldbeck, Lord. 8.
319) Macgregoref(prof.)8,
$2.80
*: 2022 8. ; ***,
$1.80
841,
Canton Icon
Cemonts (old)... $1.90
Do. (new).
Hopes
Miscellaneou
Dairy Farma .......
Der A Wings.................. Amusementa.................
Ch. Etsingenta...............
Constructions, (old) $1.70
Do.
(new) 70 ata.
Lane Crawfords...... H Mackintoshs.................... Nanyang Tobacco... $4
Sinceres Watsona
Wm. Powells...............
M. Greyhounds......
8. C. Enterprises ... United Theatres... 8.
B. Ind. G. Bonds... £3
H.K. Gort Loans... $18
LE
$140
Bhai
Wallace Harper................. H.K. Wing On
Do
J
LOCAL AND REGULAR OUTWARD MAILS,
WEEK DAYS.
FOR
Canton. Samahui and Washow (By
direct steamer)
dongmon (except Baturdays) Kaukong (except Saturdays)
Falahan and Washow (By]
Train}
Fai 0
fal Fo..
Sbamchum
W
313
#136
$130
(SUNDAYS & HOLIDAYS
HOM
FROM G.P.O.
7.16 am.& 6,000.00 1.00 p.m.
FROM SERUNGWAN |Band P.O.
7,00 100, 7.00 pup.
FBOWL SEKUNGWAY G.P.O.
BRINGT 8.0. 1.00 am, à
17.00 p
4.00 p.m.
57.15 nm, & -1 7,80 am.
9,00 12.
8.00 p.ad 4.00 p [825km. &} [8 %0 mamu ́à
·1·115 patie Baadaye
8.15 only 5,00p.m.
Macao & TrineŇAa
**
11
1.80 p.m.
**
A,00 9,0
Les piz
6.00 p.n!
7.15.
7.35.0.
1:00 p
11,00
+
ƒ 9,00 nm, &
9.00 ..
时间
(9,00 àm, à
11,00
1.
1.00 pt 5.00 p
Aberdov Branley in
Autan
B00 12.50 p
Z
Phagukan, Bantin Shatin
Rimbankok and.
8,00 pad
480 p
Taiping
8,00 p
(11.00
1 & 5.00 pm.
8,00 1054
11.00
· 8,80 #,#4-: *
10,00 8,3
10.30 m
1.90 p
Badayu
8.3) 434- Lonly
6.00 p.m.
1,00 p.m.
1,00. p.m
Star Ferries: 8961. Cements (Old): 821.
THE EXCHANGE MARKET
MESSRS. ROZA BROS. REPORT
Business in Silver in London yes- Purchases on terday was small account of India being supplied by the Continent. The market finish- ed steady but very quiet. In New York the rate was quoted at 401.
There was no chance of any im- portance in Sterling, the New York rate opening at 5.16 and closing at 5.16
Market
Exceedingly quiet, Steady, more so for forward deliveries.
Sterling
Was obtainable at the opening
at 1/G 1/32 with buyers, bidding 1/6 1/16 for April which rate was maintained for the greater part of the morning. 1/6 3/32 was done for the second half of May 101 and 1/6 was also reported June as also 1/6 1/16 for the sec- ond half of April and 1/8 3/32 for May. At 1 pm 1/8 1/16 was want- ed for near with sellers at 1/€ 1/32, but for delivery after first week, in May 1/6 3/32 avallable.
U.S. Dollars
Quiet with a small business 38 13/16 for May,
1263.
Yen
Shanghai Dollara
Shanghai
the
111 15/16. Sterling was quoted at 1/4 3/16 and Gold at 34 13/16, the latter dropped to 341 but reacted to 343.
IN THE AFTERNOON
There was no business in the
afternoon of any account,
Sterling
with buyers at 1/6 3/32.
BRITISH TRADE IN
FAR EAST
The Competition Of Japan
many
(Special Air-mail Service)
and not quality, was the acid test to-day. While he was in Japan he saw no signs of malnutrition or workers. the discontent among Working 10 hours a day, the workers of both sexes seemed to be contented, happy, and of good physique. What course of action was thers other than a spontaneous getting together between the busi- ness leaders of both countries? The imposition of any Govern- ment embargo would only. irritate and they might the Japanese, respond by overrunning British markets in the East. He welcomed the Indian arrangement on cotton and cotton piece-goods as a prac tical step towards the control of Japanese competition.
Tho trado problem regarding Chins also was not easy. There was no effective central Govern- revenues other public) ment to-day, and the
from railways and institutions were being used to finance the operations of local war- saw little reason to lozda,
..London, March 28 Sir Harry McGowan spoke on British trade in the Far East at a meeting of the Conservative Pri- vate Members' Committee recently. He said that, serious though Japanese competition was at the was moment, he thought it would be
come much nibre Intenaire. "The Japanese had profited by the errore at of Industrialists in Great Britain and the United States, and owing to the purchase of up-to-date machinery they were nuw ahead in trades. While in Great Britain factories of their present size were
evolutions from small units. the Japanese had started modern business on virgin soil. Other factors were the low Japan ese standard of living, thier longer working hours, and the 65 per cent. depreciation of the yen...
The only obvicus hope was an Closed, with sellers at 1/6 1/18 appreciation in the value of the yen: bat the most hopeful imme- diate remedy was a rapprochement between industrialists in Great hope for any improvement within Britain and in Japan, The
In spite of a reasonable period. Japanese were disturbed at the their political disorganization the prospect of arousing combined re- Chinese were determined to become taliatory action by the Western industrialized. China was a mar- nations. Although Japan was not ket of great potentialities, but, to-day self-supporting in many pro- though it was as large as Europe, ducts, she was exporting and im with 400,000,000 inhabitants, there porting some of them. Theob- were only 8,000 miles of railway in vious deduction was that she would operation, to-day. Enormous coua- have a surplus over home con- try though it was, China in 1932 sumption. Yet he thought it did only 3 per cent, of the world's The industria? would be advantageous to British total brade. industrialists to test out the awakening of China" would compel Japanese attitude and to make Britain to alter her attitude. In every effort to come together with the past we had supplied all the their opposite numbers in Japan capital and made it a principle to with a view to arriving at an keep to ourselves all the profit we made out of Chinese business. He Chinese capital thought that The Japanese were only pursuing should be allowed to contribute to the policy followed by Great Britain many years ago. Although wards the foundation of new in-
dustries in China. they possessed many advantages, there was much we could do to catch up with them. Many Bri
U.S. Dollars,
In Dollars business was done at 39 for May, closing with sellers at 387 April, possibly 38 15/16 and of April; bayers at 38 15/18 for near
and 39 for May.......
Shanghai
There was no change in Sterling at 1/4 3/16 but the Dollar rate eased 1/18 to 34 13/18.
N
BERLIN SHARE
MARKET
Prices Show Upward equable division of markets.
Tendency
(Special to "Hong Kong,
Daily Press")
(By Telegraph, Copyright, Tela
graphic Meriager. Ordinance, 1891. Received, April 13, 430 am.)
He
30 Industrials
20 -Rails
New York: April 18.
Dow Jones Averages
High-1933/34 ;Low: "Apl., 11.] Apl, 12
Change
110.74
50.18 104.16
104.80
36 down
30.84
20.43 50.38-
49.96
.39 down
37,23
18.33 96.55
28.10
30 up
94.48
73.31 0448 - 04.6H.
.$0 up
60.44
90 Utilities · 40 Bonds
Commodity Index
41.98 03.10. 53.36 .45 down
The A. O. F. Corp, has received the following report from their New York correspondenta, E. A. Pierce & Co. Before the opening, opinion appeared to be more or less general that the market might have a gell-off, but there was no fresh nowa of a general character. In this situation, we will probably continue to have a mixed market, but, altogether, we like the action of the whole list.
Wheat: A feature was the liquidation of May contracta. Traders were disturbed by prospective adverse grain legislation and the enforce-": ment of the Wheat Code.
Cotton: There was a fair demand on the scale-down. The Bankhead “Bill is restricting commitmentă cu either side.
Silver: Conditions were frm at the opening, but continued relatively dull. Later, the market developed a steadier undertone on small scatter- ed support.
Business Done: 1,330,000 shares.
DIV. $ Low PEL SE.
401
841
ناء
t
1.60 Borden Company
| 1.60 «Geners) Foods Gugmačmuniti
1835
LAST SALE
Hida
11# Iou
Apl, 11. Api, 12
471
3.00 Air Reduction
981
701
8.00 Allied Chemical & Dys
1514
151
104
104..
1001
494
4.00 American Can
17
158
American Radiator......
151
.154
554
.104
American Smelting.....
447
442
1344
ફ્ક
9.00 American Tel. & Tel
119
1201
943
501
5.00 American Tobacco
B
73
724
131
1.00 American Waterworks in
201
21
2:21
Anaconda Copper Mining
171
843
31
2.00 Anbarn
511
贴
Bendix Aviation Am
181
23
37%
18
20.
7호.
Canadian Pacific`tte
161
714
103
301
31
01
0.50 Caterpillar Co.
312
154
1.4 Chase National Bank...
291
BUL
71
1.00 Chrysler Motors.
5.3%
31
3.40 Consolidated Gas of NY.
38
19
-
Curtis Wright
4
-1022 33
2.00 Da Pont de Nemours
081
98
16
"3,00 Eastman Kodak .........
901
91
981
10
Electric Auto-Lite Comuni
28111 271
10
6% Electric Bond & Share
182 171
Electric Power and Light...
0.40 General Electric
vocere
223
22
341
- 34§.
1.00 General Motors ..
382
381)
201
1. Gillette Saletyckies.
101
1.20 Gold Dust
971
13
0.80 International Harvester
213 217 42418
International: Tel. & Tel.
141
144
924
lud
*331
35
36
Montgomery Ward
324
1.
National Biscuit..
43
1.00 National City Bank
29bid
1.20 National Dairy Products
16
152
154
19
191
354
50%
224
Standard Ga
1.00 Standard Oil Co. of New
482
301
101 1.00 Texas Corporation
Traze-America vs
27148277
1.
:39.51
61
· 197
139
81
1.00 Union Carbida, & Carbon
Union Pacifio.
451
599.08
€58.42
104
United Air and Transport,
United Corporation
78.21
United States Steel :
524
-62
15.1425
384
Transocean Kuo Min.
tish industries needed reorganizREICHSMARK QUOTA-
ing, and there was equal necessity for a planned programme for industry generally over a period
Berlin, April 12. of years. Much could be done to The turnover in the Bhare- lower manufacturing costs. Price, market was again small but prices
showed a distinct upward ten-
dency.
transfer ...Impending.
TIONS
(Bpecial to "Hong Kong Daily Press" (By-Telegraph, Copyright, Tele- graphic Messages Ordinance, ⠀⠀⠀ 1891-
negotiations had a damping succt Loan improved to 934. Reich-Received, April 18, 1.50 5.m.) 18
on business which was intensified shank 7/8 lower to 148 5/8. Dye- by the sharp declaration on Wed- trusts. Improved to 1391 Ger nesday of the Swiss Federal Coun- man Steel Trusts advanced 3/8 to cillor Schultheiss on the transfer 42 7/8. German Mineral Oils problem on behalf of the Swiss improved i to 114 Siemenshalske Government. The annual report dropped 17 to 138, Bemberg of the German Dyetrusts Improved Rayon rose 1 to 721 A.E.G. slumped 1 3/8 to 27-Transocean the general outlook.
Young Kuo Min...
Call Money 4 and 41.
Berlin, April 12.. Reichmark quotations (without guarantee);~~-
New York Parisi Amsterdam. Faris Sterling "Dollar
400
1.00 Liggett & Myers. ** B
-
G60 Quis Elevator
1. Picide Gas & Electrie
Packard Motors
(KG Ponnsylvania Railway
Endio Corpa
Sears Boebuck
Bocony-Vacuum Corpn.
1.00 Standard Branda.
Westinghouse: E‚” & K.
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