1934-04-19 — Page 13

Daily Press 孖剌西報 All

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

HONG KONG DAILY PRESS. THURSDAY, APRIL 19, 1934.

MONEY AND MARKETS

LONDON EXCHANGE RATES

(BRITISH WIRELESS SERVICE)

Buyera, Sellary

Kalan

WEDNESDAY. APRIL 18.

Яцунг

Bellary

Macola

H.K. STOCK

$1,895

$1,930 RIST

E16 228 £13

593

$20

Banks

H.K. Banks.........

Bo. (London).... Chartered Banks Morcantile B "A"

Do.

Bank of East Asia....

N, C. & 8. Barks ...

Am. O. Fin. Corp: S

Ch. Fio, Corp. Ord, 8,

Do..

Prof. S

Insurances

Canton Insurandos...

35

$310

$1.15

Underwriters

...... $1.20

Union Insurance.

$697

$390

$800

China Fires

$625

$265

H.K. Fires.MITU

+

C4%

$8.10

M

Skipping

Douglases

#12

$307

100

$11.90

$14.00

$5.90

38.85

18

10!

International Asson, S.

1111111⠀⠀

£12

$93

$6.90

||

On Amsterdam Athens

$320

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

The maifret was not very inspir ing this morning," the only section in which interest was shown was in Utilities, there being sustained enquiries for Hongkong 'frams, China Lights and Electrics, The demand for Hotels and Cements, however, noted in yesterday's Sum- mary has slackened of to some extent...

SALES

Hongkong..Lands, 884). Cements (old), $24/2.85.,

Belgrade..... Berlin Bombay.... Brussels Bucharest Buenos Aires Copenhagen

Geneva Helsingfor Hongkong

Lisboa.....

Vilan

#

***

$525 3274

Apr. 15

7 (?) " 530 8. (?) 225. 13,08 (?) 1/6 1/16

Sterling Parity

Apr. 1.

18.10 Florine ****375 Drachmas

7.61

535 8.

...... 270,310 Dinars

* 20.49 Marks ... Is. 6d. par Rupee

13.03

1/6 3/32"

....35 Belgaa

813,588 Loi

22.034 515

22.08

F

515

...

47. 8d. per Peso

* 384 9.0.

36 $.0. (?)

18.189 Kroner 22,394

22.39

25.22 Francs

15.90

15.94

193.23. Marks

2261

226

1/6

1/6

110 Escudos

110

"110

136

Madrid...

25.22 Pesetas. 37 21/32

(?)

· 3112

92.46 Lire

60"7/16

601

$30

Montevideo

50.88d. per Peso

377 8.0.

374 8.0.

$95

Montreal

4.867 DollarO 5.141

5.14

(?)

31/-

$11

Cements (New). 823/2.85,

BUYERS

New York

"5.151

3.15 (7)

Oslo

.... 18:159 Kroner

19.90

19.90

Canton Insurances, 8310.

Paris

73 ets.

$35

Amtamoks

70 cis. 73 ota.

Union Insurances, 8597.

·Prague

194.21 Franca 184.98' Kronen.

78 1/32

77 7/32 (?)

1234

1233

Balateos ......

Underwriters, $1.15.

41 eta.

Baguio Gold

139 ota 49 ota. 40/41 juta,

Douglases, 835).

Milreis

41 s.o.

$36

Benguet Consolidated

$33

Union Waterboats, $11.20.

20 ab*.

Do. Exploration 399

Shanghai

1/4)

$294

Raubs, $14.60.

20 at

Do. Goldfeld

Stockholm

Docks, $15.

Vienna....

14.159. Krinor 34.58) Schillings

19.40

28

41 8.0. 1/44

·19.40 (?) 28

13 0.

13,

Gold Creek...

Yokohama

94.58d. per Yen

1/2 5/32

(2)

#5

Ipo Mining.

H.K. Trams, $201.

Silver (spot)

China 'Lights (Old),

8.85.

#7

Silver (forward)

(?)

23/8

27/

China Lights (New), $84.

War Loan

$1% (7)

$19

Langkats (single) 8.

.319

Electrics, 8714.

14.95

S.

$485

Amusements, $2.90

3.90

Constructions.(New), 70 ets,

$14.30

10/-

***

$30

$31

62 6

1*1

Steamboats

Indos (pref.) Do. (def.)

Shells...... Waterhenta

Mizing

12 ct. Big Wedge....

#109

$6.80

18]

Explorations....

Shanghai Loans" 8.

Rauba

Tronoh Mince

Venezuela Gold Fids.

Docks, WharrÉS,

Godowns, etc.

Providents (old) $1.80

Do. (new)

H.K. & W. Docks

S. China Motors' A'

Do

AHHM

$1.80

$100

Hotels, $5,80.

Govt. Loans, 81 per cent. Frem,'

SELLERS

H.K. Fire Insurances, $285.

Wharves, 8109.

Ewo Cottons, Sh. 8114.

Realties, 86.

BERLIN SHARE

MARKET

4.967 Dollars

Rio de Janeiro ...... 26.99d. per Gold

Closing Quotations

ON NEW YORK:-

Bank Bills, on demand 377 Credits, 80 days' sight.. 30

ON BATAVIA:-

April 18,14

ON LONDON :----

H.K. & K. Wharves

Telegraphic Transfer...). Bank Bills, on demand Bank Bills, 4 month

**

On demand

500

175 eta.]

sight

1/53

ON PARIS.:--

***

Credits, four months'

$2

$3

Bank Bille, on demand 875

"B

sight

1/0

12

Credita, 4 months' sight 616-

$133

Shanghai Docka 8.

ON SHANGHAI :---

$133.

ON SAIGON:-

#5.20

New Engineeringat.

On Demand

180

$52

On demand...................

671

$350

Hongke

ON SINGAPORE :---

ON MANILA imm

Lands, Hotels, and

H.K. Hotels............

$5.95

$84+

H.K Land...

1641

Tone Continues Weak

On demand

€22

On demand

702

ON JAPAN :--

ON BANGKOK

On demand

1247

On demand

19

ON INDIA:

3954

Shanghai Lands...8.

Telegraphic Transfer...

SOVEREIGNS, Bank Buying

Fate

1/6)

$11

Metropolitan Lands.,

Bank, on demand."

BAR SILVER, per or

192

36

H., Realties.................

$8.10

$100

China Do.....8.

$:1

.יז".

Buildings

$137 Da DebenturesS.

$11:20 Humphreys ...

New Asia Hotel

Tramways.820.36 5201

$15,90 Peak Trams (old).....

China Lighta (old)... 38.90

Do

$140

.$20

Aria Realtice "A"

Do.

S.

*"8.

$86

Chineas Ealate......

Cotton Mills

Ewas

$111

176

S'ha Cottona(old)S.

76

$431

Do (now,S

813

Zoong Singe

$70

Wing On Textiles(S.)

8:34 $88

Pubilo Utilities

$20+

***

1151

$71

Do.

(new)...

$7

3981 Star Ferries

*2**

Yaumati Ferriol...

396* $25

(DOW)...

$8.70

Do. Rights

$71+

H.K. Electrica

$712

$231

Macao do.

123

312)

Sandakan Lights.** Telephones (old) ...

Do

(Dew)

$13.40 China Buses

B

Bi-

Tractions.....................

16/10

Jo. (pref.)....

Industrial

$14

Malabon Sugare

121

Caldbeck, ford.) 8.

319

Macgregors (prof.)5.

12.90 Canton Iues

Cementa (old)... $2.85

Do.

(now)... #2.86

270/% 97.0/212

$6

$0.65

$284

$2,90

E

12/85

Ropee Nat

MiscellaneouLE

$261 Dairy Farros sanata

30

314

70 ot.

34

$21

313

ex dit. 36,42

Der A Wings.........

Amusements .........

Ch. Etainmenta................

Constructions, (old) $1.75

Do.

(new) 7 ota.

Lane Crawfords....... $4

Mackintoshanenu

Nanyang Tobacco...

Sinceres

Watsons

Wm. Powell

.་་་་་་་

M. Greyhounds

$1. C. Enterprises

$1.63

$2

33

84").

了!

Drem.

United Thostres..... 8.

B. Int. G. Bonda... $51 HK: Govt. Insar... $108

Wallace Harper......

$149 H.K. Wing On ..... S'hai Do,

$23 $12.40

$15

1:|: 1:118

(ex div.) 18.45

·LOCAJ, AND REGULAE OUTWARD MAILS,

FUR

WEEK DATS.

FROM G.P,O,

2. BRANCH P,0.

7.15 am. & $7,000. {8.00 $0. 1.00 p.m.

FROM SARONOWAN

7.16 mm, à

Canton

Bamahal and Wunkow (By

direct steamer)

Macao & Triniban

mgmoon (except Baturdays) Kankong (except Saturdayi) Estahan and Wnoków. (By]

Train)

Tai O

**

1.15 pm.

pon

7.15 0.29,

1.

1,00p.m.

( 2,00 130,

Ini Po

8.00 p

9.00

2,00 p 100p.m.

5.00 p

8,00

11.30

pm.

8.80

omtankode and

Aberdega

Pingshin, Bantla

[SUNDAYS & HOLIDAYS

FROM

G.P.O.

[SKRUNGWAÞ BRANCH

PO -$75,5 am. &; ƒ 7,00äm, & 7,00 pm.

{6.00pm 17.00 pm 4.00 pax. 400 pim

BU M. 1.80 p.m.

8.00 p..

6.00 P.

-

1.15pm Sundays 8.15 min. only

6.00 pm

7.18.1.

∙11,00 2.23. $.00

11.00

(11,00 m2 $£6.00pm.

BO

11.00

8,800,

10.30am

10,80 1,0,

9,000

{1.80 p.m. Pundays

8.30. Lonly

6.00 p.m. 6.00 p

[Special to the "Hong Kong Dally Press” (C'opyright.)}

Berlin, April 17.

Owing to the realisation of sales and the unpropitious impression created by a further decline in the

NATIONAL BANK OF INDIA

Pelchsbank gold stock, the share- Mr. Langford James

market continued weak in most sections, with a gain in Reichs- bank's shares. the only bright spot in a dull market, Bonds were Ukewise depressed and reactionary. Call Money 4 to 44. Young Loan slightly improved to 934. Reichs- bank 11 up. at 150. German Dye- trusts of at 1394. Sälsdetfurth Potash weaker at 145. German Steel Trusts down 14. at 41 †, Siemenshalske receded to 1373 Transocean Kuo Min.

REICHSBANK RETURNS-

[Special to the "Hong Kong Daffy Press" (Copyright:3

ין

Speech

(Speelal Air-mail Service).

London, April 1. The ordinary general meeting of the National Bank of India Limited was held to-day at the Wesleyan Hall, Bishopsgate, E.C.

it is only right that my warning

of last year should be repeated and emphasised: |

Gold Exports

25

Exports of gold during the year were again heavy, amounting in value to about £38,400.000. against £57,000,000 the previous years. Since September 1931, when Great Britain went off the Gold Standard, and up to the end of December 1933, the exports of gold amounted to 201 million ounces, Mr. R. Langford James,the, de- | valued, at $122 million sterling. puty-chairman). In the absence, of Fracically the whole of this gold Sir Charles C. McLeod, Bart., pre- has come from the hoarded wealth sided, and said the net profits of India, the production from the amount to £450,782, compared with Indian mines

three during the £450,197 a year ago. Including the years 1931-32-33 having amounted

brought amount

forward the to only 994,000 ounces. Độ long available total is £699,789. An ad as commodity prices remain low interim dividend was paid and the world price. for gold re- September 22 last at the rate of mains high, India may be expected The Reichsbank return for the 20 per cent. per annum absorbing to continue to export gold, but on week ending April 14, reveals a £200,000, and we now propose a a smaller scale, although to date slight decrease in note-cover to further dividend at the same rate this year exports have amounted to 8.8 per cent. as against 6.9 .on less income tax, "to add £50,000 to about 144 million sterling. This April 8 and 6.7 on March 31. Gold the officers' pension fund, and to large flow of gold appears to in- reserves declined by 4.3 millions to carry forward a balance of £249,- dicate that stocks were being held 228.4 million marks, while foreign 789, All bad and doubtful debts up in anticipation of-a rise in currencies also decreased by 4.3 are, as usual, fully provided for. price, such as occurred when the millions to a total of 5.7 million Considering the very difficult times USA. Axed the purchase price marks. The nota circulation de-We are passing through I venture at 35 dollars per fine ounce. These clined by 46.3 millions to 3428.7 to think you will consider the exports have been of great beneft Intllions. The amount of credit results satisfactory.

to the Government. of India, enab- Issued as indicated by bills, che

ling them to effect large remittan- ques, and advances on investments

cès of sterling to this side. decreased by 96.3 millions to 3845.0 million marks-Transocean Kuo

Berlin Apr. 17.

REICHSMARK QUOTA.

|

. The Dividend

on

A year ago I pointed out that in view of poor trading conditions and the lower earing capacity of investments it might be difficult to maintain our dividend at the same rate. The same dificulties obtain to-day: Whilst there has been a (Special to the "Hong Kong Daily rise in the price of various com-

Press" (Copyright).1

TIONS

Berlin, April 17. Relchsmark quotations. (without guarantee):

New York Parts

Amsterdam

Parla Sterling

Dollar -Transocean Kuo Min.

Canton Silk Market

The continued large exports of gold from India bave helped the Government to maintain a steady market in exchange, which bas remained about is. 6d per rupee. The average rate of the Imperial Bank throughout the year was. 3.564 per cent, which constitutes a low record.

The total exports (including re- exports) show an increased value of some Rs. 9 crores, due chiefly to larger exports of cotton and also to a rise in the value of the ex- ports of tea.

i

Imports

modities such as tes and jute, other commodities are still at too low a level to enable India to in- crease her purchases from us, and the volume of bills making both outwards and inwards is far below 39:42

5974 Pre-war-level, and competition is 58.21 therefore keen for such business 78.21 as there 18: Japanese competition

Laa serious menace to trade and On the other hand. Importa de- 15.175

exchange restrictions adversely clined from Rs. 133 crores in 1932 affect business. Like other instich- to Rs. 116 crores in 1933, the prin- tions we find it dificult to employ cipal declines being in plece goods que funds profitably, and, as you and yarns by Rs. 7 crores and raw know whilst investment in Gilt cotton by about Rs. 4 crores. The edged is safe and our position is decline in the imports of piece The Kwangtung Raw Elik Teststrong and liquid in that respect, goods into India, particularly from Ing. Bureau Department of Re-we would welcome a return to the the United Kingdom, during the construction, Canton, China, ordinary course of our business, past few years is due possibly more April 18. namely, the finance of the inward to the increased production in Extra 08. 13/18 HK. $460N."' and outward trade with India for India than to imports from Japan. › Small Extra OB, 13/15 HK. the yield from investments is small In the fiscal year 1913-14 the im-

3400N***

in comparison with that from ports amounted to 3197 million, yards and in 1833 to 1225 million trade finance.

This question of the dividend is yards. In 1913-14 the production one which has again been con- of plece goods, in India by the mills sidered with great care. We are was 1184 million yards and in 1932- in a very strong position and have 33 3170 million yards. Hand-loom regarded it as our duty to the production for the same years shareholders in the dimicult times amounted to 1068 million yards through which we have been pas for the former perica and, 1700 sing to maintain the rate of divi million yards for the latter, making dend. But frankly we should like the total Indian production in to see a wider margin between 1913-14 2232 million yards and in earnings and distributions: 1932-33 4870 million yards, 7: Although, therefore, we hope for The report was unanimously an improvement in results in time, adopted!"

Crack N.S. 14/16 HK. $3000/- Extra Extra 20/23-HE. 4300N. Waste NB. Open HK. $581,

Yokohama Quotations."

April 17: Spot

Yen 620 Bourse six month... Yen 535,

New York Quotations

April 16. BIG BASK

May September

7.00 p.m

1.28

1281

1.28 1.29

PRESIDENT Liners

13

Fastestime Hong Kong to San Francisco. Speed with Comfort.

To SAN FRANCISCO 18 Days"

via Shanghai, Kobe, Yokohama, Honolula

Fortnightly sailing=" Pres. Hoover in Apr. 21, 6 am. Pres. FiercomMay, 9, 8am." Prea. Coolidge......May 19, 8 a... Free: Wilson......June 6, 8 aim.” Pres. Hoover ...... Jpne 16 6 am.

To VICTORIA, SEATTLE 17 Days

via Shanghai," Kobe, Yokohama Fortnightly sailings Pres. Grant...Apr. 17, Midnight Pres. McKinley May 11, Midnight Pres. Jackson......May, 26, 8 am Pres. Jefferson Jane A Midnight. Pres. Grant ....... June 23, 8 alm.

ROUND TRIP FARES TO EUROPE & AMERICA, Special through rates to Europe vis United States. Direct connections with all Atlantio lines. Cholos of ral·lines närosa United States and Canada, liberal stop-over privileges for

Sight-seeing. Full particulars upon application.

Fortnightly via Suez to Evrope & America

Fortnightly sailings. on Saturdays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandris, Naples, Ganos, Marseilles, New York and Boston.

Pres. Polk Apr. 28, 8 am, Pres. Adama ........ May 12, 8 1.01. Pres. Harrison... May 26, 8 pm Pres, Hayes June 9,8 a..

Pres. Johnson ........... June 23, 8 a.m. Pres. Monroe.......July 7, 8 am, Pres. Van Buren .. July 21,8.a.m. Prea, Garfield Aug. 5, 8 a.m.-

TO MANILA

Next Salling...

Pres. Grant Apr. 21, 6 p.D/

Pres. Coolidge......May 10, 9 p.m. Pres. Adams......... May 12,8 km.. Pres. Jackson May 18, 6.p.m.

Free, Folk Apr 23, 8am. Pres. Pieros... May 1, 6 p.m. - Pres. McKinley ... May 5,8 p.m. ̈. Connecting with 8.8. MAYON To QEBU, ILOILO, ZAMBOANGA

.

DOLLAR STEAMSHIP LINES AMERICAN

MAIL LINE

FEDOKE BUILDING-BONG KONG,

GASTON BRABON=-4, SHAKEE ROAD,

NEW YORK STOCK EXCHANGE AMERICAN „ORIENTAL FINANCE CORPORATION

FED. INC., USA.

QUOTATIONS

Tel. 26631-Gloucester Building, Suites 301–306

«. (REUTER'S ́AMERICAN SERVICE)

New York: April 17.

Dow Jones Averages:- High-1933/34 ¡Low: Apl., 16.

30 Industrials

20 Bails

90 Utilitie=

40 Bonds.a

Commodity Index

30.16-10357

110.74

43

56.04

20.42. 49.03

37.72

19.33 95.71"

94.79

60.44

72.31.84.61

41.98 6:31

Apl, 17′′

Change

104.45 89. ap 49.3128 up 25.90 ..19 op 94,00 .01 down

51.18

.15 down

The A. O, F. Corp, bas received the following report from their New York correspondents, E. A. Pierce & Co. We like the action of the market, despite the fact that there has been no activity in individual situa. tiona. Principal interest is merely a matter of gossip, but we understand that there has been excellent buying of U. S. Rubber Fd. Company.

Wheat: A natural rally followed renewed liquidation, but the market stili lacks buying power and speculators continue to be intimidated by political developments,

Cotton: The market was reactionary early in the day, later gradually gaining strength. The Bankhead Bill was passed after the close.

There Silver. After an irregular opening, prices commenced to rally... was some liquidation for marginal reasons. A Washington despatch states that the President has agreed to discuss the silver situation with the Silver Senate Bloc

43

99%

B4*

"223

372

160 Borden Company ·

Canadian Pacific

J. I Case ******

0.30 Caterpillar Co.

Business Done:

183% DIY. $ Hiar Low PEL SI 112 473 100 108!

LAST SALE

Apl., 16: Apl, 17.

3.00 Air Reduction

6

871

* 98

701

8:00 Allied Chemical & Dye

- 148+

161

1022

103

4.00 American Can....

-17

13##

IDA

American Radiator....

154

American Smelting.....

434

43+

9.00 Americza Tel & Tel"......

119

120

943

.009

5.00 American Tobacco

71

1.00 American Waterworks

204

201

Anaconda Copper Mining

16

2.00 Aubura

48%

Bendix Aviation

184

..182

227

161

67%

301

40毫 591

14) Chad National Bank

29

291

1.00 Chrysler Motora

521

531

31.

3.40 Consolidated Gas of N.Y. ...

-371

372

41

96

100元

2:00 Du Pont de Nemours B

92

914

93

262

27

281 43

e%. Electric Bond & Share ......

·161

182

ཟྭ་

154

1040 0.40 General Electric

densities

*33*

225

1.00 General Foods

344

341

.371

38

1.30 Gold Duate aeg:

104 20

211

46

4.00 Liggett & Myers B

Montgomery Ward

0.60 International Harvester International Tel & Tel

.4 1.00 Loew's Ina

404

41

144-

141

*904

92°

331

34

30

30

43...

100 National City Bank ....

201bid 201bid

10 National Dairy Products

15

151

194

191

341 22 347

481

161 16

(211

121

193

BIZ

1a2

16

ནཱཙྪ་ཧྲྰི་ཚུཙོ་ཨྰཿགོ་རྣརྨཱ་ཎྜ་ཐྰ་ྲ་ཛྰཡྰཚོ་་ྲམོ་ནཱ་མ་༣་ཡྰ་རྰ་མ་ཀྰ་ཝེ་སྐ་ ནཱཉཊ་ཝསྶ ཙཝཝེནྡཝནྟཏོ

Gurtins Wright......................

8.00 Eastman Kodak ...............

Electric Auto-Lite Co.

Electrio Power, and Light.....

100 General Motors ...

1. Gillette Balety.

2.80 National Biscuit......

0.00 Otis Elevator

1/0 Pacific Gas & Electric.

Packard Motors

060 Pennsylvania Railway

Radio Corpn.

Sears Roebuck

Socany Vacuum Corpn. L90 Standard Brands

Standard Gas

1.00 Standard Oil Co

Jersey

1.00 Texas Corporation,

Trans America, vonk

1.00 Union Carbide & Carbon

0 Union Pacifie

United Air and United Corporation: United States Bledi Westinghouse E &

བྷོབྷ་ཧྲྰིཌཎྚཚ་ཆུ་རྨཱསྙཝ༔ཨྰཿཨྰཿབྷང་གནྡྷཡོཊཛོeསྶཚོ8བཟོ+ཨྰཿསྐ8སྙན་འྀ་ཐྰལྷན་རྒྱསྣཡོཊྛརྫཏྟོཡཱ །ཨཱཝཱ་རོདཿgiaཀཱ་རོ

51

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