DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers'
Association
Buyer Ballers
Sales Nominal
TUESDAY. MAY 8.
Hayorm
Ballers
Balea
Barks
$1,885 $1,885
H.K. Banks
$1,870
£131 210
Bo. (London) ...
Chartered Banks
Mercantile Bks "A"
Do..
213
·Oa Amsterdam Athens
503
Bank of East Asia.........
383
Selgrade
N, C. & S. Barks
36.30
$20.
Am. O. Fin.Corp: S.
Berlia
Ch. Fin. Corp. Ord, 9.
30
Do
Prof. S
Insurances
$332
Catton Invarsacos .......;
$320
Underwriters ***** $1.40
$1.40
*$625
Union Insurances...
$620
China Fires
$5:5
$525
$250
A.K. Fires.......
$256
48
International Assce, 8.
Shipping
SALES
$37
...
Douglases s
538
$12
Steamboats ********}
$30
Indos (pre)
133
Do. (def.)
32/6
Shella
09 ots.69 ots,
$11.30 Waterboats"
Mining
Amtamoks
3351 Balatcos
33 st. Baguio Gold
39) Benguet Consolidated
Cs,
130 eth
Do. Exploration,
12 ots. Big Wedge.....
Gold Crecks..
WE
$10
Hong Kong Banks, $1,870/1.885. Antamoks, 69 cents.
$30
$35
Hong Kong Trams, $21.15.
HONG KONG DAILY PRESS; WEDNESDAY, MAY 9, 1934.
MONEY AND
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
Another very dull day went by to-day, with very little 'business The Utilities, however. passing. continue to be in demand at the quoted rates. as also Wharves, which Improved their position to a buying rate of $100.
MARKETS
LONDON EXCHANGE RATES
Bombay ... Brussels Bucharest .... Buenos Aires. Copenhagen Geneva Helsingfors.. Hongkong Lisben Madrid Milan
Montevideo Montreal
35 Belgst 813,558 Lei 47.582. per Peso
(BRITISH WIRELESS SERVICE I Sterling Parity. ......12.10 Florin
... 376 Drachmas 276,316 Dinars 20.43 Marks Is. 8d. per Rupes
May 3
May 7.
7.54
7.521
530 S. 225
530
12.97
225
•12.931
1/6 3/32
21.87
510-
510
361 S.O..
36) S.O.
18.155 Kroner
22.394
22.351
25.99 Franca
15.751
4.
15,724
193.23 Marka
228)
2261
1/4
1/4'
110 Escudes
110
110
23.99 Pesetas 92.46 Lire
37 5/16
37 9/32
60
59 3/16
50%-
Electrics, $73.
New York
60.88d. per Peso 4.867 Dollars 4.867 Dollare
381 8.0.
381 5.0.
5.114
5.091
5.121
Dairy Farms. $263.
Oslo
BUYERS
701 ct..
Päris
Hong Kong Banks, $1,865,
Prague
36 at-.38 oka.
Underwriters, $1.40.
Rio de Janeiro
Douglases, $37).
18.159 Kroner 14.91 FranES 164. Kronen 26.904. per Gold Milreis
19.901
Do
Goldfield
Antamoks, 65 cents.
13 ota.
131
$4
Ipo Mining
87
Itogona
94/1
Kallaps
$186
1400
Explorations......
Langkats (single)
151
Shanghai Lonas.
$16
Rauba..
Tronoh Mines.......
ver
$7
Venezuels Gold Fids. 7
Docks, WharvÈS,
$181
34.90
Wharves, $100.
Docks, $15.
Providents (Old). $1.95.
Flotels, $5.95.
Hong Kong Trains, $21. Star, Ferties, 8961.
China Lights (Old), $9.05.
H.K Electrics, 572. Macao Electries. $244. Telephones (Old), $24. Amusements, $34.
Constructions (Old), $1.90. Constructions (New), 70 cents. Govt. Ioans, 84 per cent. Prem SFLLERS
Shanghai Stockholm Vienna
Yokohama.** Silver (spot) Silver (forward) War Loan "**.
ON LONDON:-
Closing Quotations
May 7, 1934
: ON NEW YORK:-
Bank Bills, on demand 354 Credits; 60 days' sight.. 71
ON BATAVIA-
On demand
........... 523
Bank Bills, on demand 5374
77 13/32 1223"
448.0. 1/27
77 7/32
1224
18.159 Krstor 34.88 Schillings. 24.380. per Yaz
19.40
44 S.O. 1/33 19.40
28
23
1/21
1/21
*187
19 1/16
18 13/16
191
21% 31% 102 15/16
31 103 1/16
13
1/6 3/32 21.82
5.11
19.901
PRESIDENT Tiners
Fastest Time Hong Kong to San Francisco. Speed with Comfort.
To SAN FRANCISCO 18 Days via Shanghai, Kobe, Yokohama, Honolulu
Fortnightly sailings
Pres. Pierce........May. 9,8 a.. Pres. Coolidge......May 19, 8 a.m. Pree. Wilson......Jane. 6, 8 am. Pres. Hoover..... June 16, 6 a.. Pren. Lincoln July 4, 6D,
To VICTORIA, SEATTLE 17 Days
vla Shanghal, Kobe, Yokohama
Fortnightly sailings Pres. McKinley May 11, Midnight Pren Jackson May 26, 9 am Pres. Jefferson....June 8, Midnight Pres. Grunt... June 23, 8 am. Pres. MaKinley July 7, 6 a.m; ROUND TRIP FARES TO EUROPE & AMERICA. Special through rates to Hurope vis United States. Direct connections with all Atlantas lines. Choice of rail linee sorors United States and Canada, liberal stop-over privileges for
Sight-seeing. Fall particulars upon application. A
Fortnightly via Suez to Europe & America
Fortnightly railings on Saturdays via Manila, Straita, Colombo, Bombay, 19usz Canal, Alexandria, Naples, Geron, Marsailles, New York and Boston.
Pres. Adatos...May 12, 8 a.m. Free. Harrison May 26, 8 E. ...June 9,8 a... Pron. Hayes... Pres. Johnson......Jane 28, 8 am
Pres. Monroe...
July 7, 8 am Proa. Van Buren ... July 21, 8 am, Pres. Garfield
....Aug. 4, 6 am. Pres. Polk.....Aug. 18, 8 am.
TO MANILA
Next Salling......... Pres. Coolidge May 10, 9 p.m.
Pres. Adams. May 19, 8 am. Pres. Jackson May 19,6 p.m. Free. Harrison..... May 26, 8 a
*..... May 29, 6 pm. Pres. Wilson Pres. Jefferson.. June 26 p.m. Pros. Hoover June 7,9 p.m.
Connecting with 8.S. MAYON To CEBU, ILOILO, ZAMBOANGA
DOLLAR
STEAMSHIP LINES
AMERICAN MAIL LINE
FXDUER BUILDING-HONG KONG."
CANTON BRANCH!—4, BHAKEE ROAD.
H.K. Ropes, $51.
THE EXCHANGE
- On Demand
ON SINGAPORE:-
On demand
ON JAPAN: --
ÛN INDIA:-
Telegraphic Transfer...
Bank, on demand"
· BAR SILVEs, per oz.
STOCK EXCHANGE
199
$1.05
176 cts.
Godowns, ste.
HE. & K. Wharvus. $84
Providents (old) -
'Do.
H.K. & W. Docks
$1.95
(new)
165 sts.
$15.90 $15)
$2
S. Chips Motors' A'
Telegraphic Transfer... Bank Bills, on demand 1/4 Bank Bills, 4 months'
sight
1/41
ON PARIS:-
$8
Do.
12
Hong Kong Banks, $1,885.
Credits, four months'
3132
Shanghai Decks S.
$133
Bank of East Asia, $93.
sight
Credite, 4 months' sight 6774.
$5.30
New Engineerings8.
ON SHANGHAI: ------
ON SAIGON:-
15
Antamoks, 69 cents
110
#350
On demand
Hongkowa
13.
Landa, Hotels, and
HK. Realties, $5.40.
ON MANILA:
NEW YORK
Buildings
591
On demand
704
25.90
H.K, Hotelsneg
#5 95
ON BANGKOK :—
$61
H.K Lands....... 360
325
Shanghai Landa...8.
314
Metropolitan Lands..
38.40
China Do
3137
Do DebenturesS.
$11.20 Humphreys
$140
1
New Asia Hotel Asia Resities "8. "B" 8. Do. 364
Chiness Estatos.......
Ootton Will $11.20 Bwos
$73
813 Zoong Sings S.. 180
„Tramwaya *****mo
$15.90 Peak Trains (old)....
Da. (new)...
WARNI
On demand
......... 1174.
On demand
1393
SOVEREIGNS, Bank Buying
Rate
1/52.
$4.40
19 1 18
30 Industrials
20 Rail
20 Utilities
40 Bonda
AMERICAN ORIENTAL FINANCE CORPORATION
FED, INC., USA. QUOTATIONS
Tel. 28831-Asia Life Building, 3rd Floor.
(REUTERS THROUGH THE AMERICAN ORIENTAL FINANCE CORPORATION) New York: May 7,
Dow Jones Averages. High-1933/34 Lów: May 5. May 7,
120
$43
751
8. $10.90)
Shan Cottonsfold)S.
Know 3 De
176
Wing On Textile(S.)
Pubile Utilities
8131 $68.
121
#77
$71
Star Ferries
$96
1231
Yaumati Ferries...
$9.05
Chins Lights (old)... #
$19.20
$81
Do. (now)..
323
$6,80
Do. Rights
H.K. Electrics
172)
$241
Macso do te
12-
Bandakan Lights ...
324
$79.30
Da (new)
Tractions in
18/101)
Do. (pret.)......
$123 721
35.90
1564
Telephones (old) ... $23.0)
13.20 China Buses
Industrials Malabon Sugars Caldbeck, Yord.) H.
$191 Macgregor/pret.)8.
*44
$2,80
Canton Ice
$21
Comenta
(old).
'J
Do.
$240 (new)... ~
staran
Ropes sta
MacallansonS
Dairy Farmu
Der A Wingsskiktar
Amusements ar
Constructions, (oldį $1.90
Do.
Mackintoais...............
$26:
....
13
$71
Ch. Ftainnienta......
$74
$1.90 70 ate,
new) 70 cts.
$4
Lane Crawfords......
$430
$21
Nanyang Tobacco... $3
$13
Sincorse........~|
313
36.45
Watsons
$5.00
$1.60
Wm. Fowells........
Bờ che..
$2.
M. Greyhounds.
31
United Theatres...
9. 0. Enterprises.
HK, Bort, Loans
#108)|
Drem.
18
Wallace Harper
$140
S'ha
ELE, Wing Op ...... Do
...
87 Ch.G.5219250.9Bdx $7.
LOCAL AND REGULAR outward MAILS,
Canton ...
FOX
WEEE DAYS.
FLOR 0.0.0.
7.10 nm,& 1,000
Saathu and Wuchow (By 1,00p.m.
direct stemmer) "e"
Macao, & Trinanan
Kongmoon (except Saturdays) | Kankong (except Saturdays) Fataban and Wishaw (By?
Train)
Chiệ
Fal Fo...
Shunch un
Chaungohon
Aberdeen Stanley
Auba S Pingaban, Bantin - Shatin,
Bastankok and Sheang
BaZung ***
#40
FROM ÜHRUNGWAN BRANCH P.0.
7.00 am 17,00 p.m. 1.00 p.m.
7.167,30 am, 1116 p.m.
1,80 p.m.
(p.m.
6,00 p.. 6.00 p.m.
7,18 m.
1,00p.m.
€9,00 x.m, &
8,00 z 9,00 m,&
8.00 pm. 1.00 pm &
*** 14,00 p
8.30
8.00 $12 1180 p
8.00 patte
4.30 p.m
7.00p.m.
$126 $190
FROM
1SUNDAYS & HOLIDATE
FROM G.P.Q.
SHEUNGWAY
BILNOX
2.0,00 (775 am. d) ↑ 7,00 4.30, 6 † 6.00 p 17.00 p
9,00 Ma 1,00 pe (8.16.6.30 mm, ▸
[ ́1,30 p.tx. 1.15 pm.
Sundays Sandaya
8.30 6.3 8.15 .. only 6.00 pm,
7.15:1
11.00 am..
0,00
11,00
(11:00 am.
1 & 5.00 pm.!
*8.00. 11.00
8.30
10.50 1.7.
10.50 1.50
Lonle
6.00 F-45 4,00 TL
7:00 pm
MARKET
MESSRS. ROZA BROS. REPORT
•
Silver prices advanced in London yesterday, Ready delivery by 5/16. to 19 1/16 and Forward 1/4 to 191. American operated on both sides of the market but on balance was rather a buyer, absorbing In- dian sales. The tone after prices were fixed looked steady with some anticipation of American support. The price in New York was also higher at 43.00 with a
firm tone
and a good buying inquiry, for
spot.
BERLIN SHARE
MARKET More Optimistic
Tone:
(Special to the "Hong Kong Daddy Press" (Copyright).]
ocean
on
"
ARGENTINA'S RECOVERY
Only Country Not Defaulted
(Special Air Mail Service)
London, April 21, Berlin, May 7.
The improvement in Argentina's Mainly owing to the statement about the progress of the transfer i economic and financial position, made by President which is now, being reflected in a corference Leon Fraser, reported by Trans- steady rise in Government bonds, Sunday. the share-bas undoubtedly been helped by certain important features of the market was much more optimistic Government policy. To begin with in tone, many dealers replenis- the country has been fortunate in
And standard hing stocks
of having Finance Ministers who have securities 50
pressure to that share prices successfully resisted
improvement all default on the debt as an easy way underwent an
out of their difficulties. along the fine. Many sections in
securities sequence Argentina enjoys the dis interest The tone here opened somewhat the fixed
tinction of being the only important were likewise much
South American country which has on the easy side and were so main- market..
not defaulted. Her credit stands tained throughout the morning. Armer.
Call Money 4 to 44. Young Loan higher than any in that part of but towards closing time buyers
interest, weakened to 90 Reichsbank the world, and now that it is ap- appeared to have lost reacting possibly to the news from rose America indicating" further conver- sations as to legulation on silver.
The cross-rate New York on London opened at 5.11f and closed at 5.101.
Market
Steel
2 to
Commodity Index
Change
110.74
50.16 98.20
96.51 2.60 down
58.94.
26.43 43.68
43.70
1.98 down
37.73
19.33 23.16
$2.24
.87 down
05.21
73.81 84.78
94.43
.34 down
80.44
41.98 69.63 53.72 1.04 up
The A. O. F. Corp. has received the following report from their New York correspondents, E. A. Pierce & Co. Substantial offerings of stock did not reveal the presence of any large scale buying. There was some support this afternoon, but we think it is still beat to await developments. Wheat: Lack of rain in the North-West increases hallish enthusiasm, though there is a forecast of possible light showers in the North-West. The market is entirely a weather-market and is vulnerable to weather changes.
Cotton: Prices responded fully to higher cables and on opening re- ports of precipitation in the greater part of the Central Belt, where the rains are more than ample. The market closed at the day's high levels on new speculative buying.
Silver. Futures displayed impressive firmness. Late in the day, the market was encouraged by Washington press news intimating that the President decision on silver legislation might be favourable to a compromise. Montgomery, Ohio Oil bas declared a dividend of tifteen cents. Ward, April sales were up 33.3 per cent. Business Done: 2,380,000 ̊aharek.
404
to 1481 Dye Trusts parent that the Government In- advanced 1 to 1291. Salzdetfurth tends to pursue this policy of ful- Potash jumped 2 to 140. German filment its credit is steadily being The gain to the 41. strengthened. Trusts sprang Sterling
German Mineral Oils 11 firmer to country now and still more in the future must be considerable, for Opening rates in the Inter-Bank market were sellers 1/5 1/16, buy-111. Slemenshalske better to Argentina is likely to remain a 1321. Bemberg Rayon soared 4 borrowing country for some years ers 1/51, but reflecting the easier tone in Shanghai, buyers' deas to 67. Continental Rubber upshot to come in order the more rapidly came down to 1/5 1/16 for May 4 to 144. Norddeutscher Lloyd to develop her economic resources. rose 4 to 281. Hapag improved 1 Being mainly an agricultural coun
try she has suffered acutely from but no reported business. was ar-
the world crisis for generally ranged at the rate except for June to 21-Transocean Kuo Min.
speaking prices of industrial goods have been steadier and have fallen much less than agricultural pro- ducts.
284 the difference Of course, between the fall in gold and poso prices is represented by the depre- ciation of the paper peso.
dellvery followed by July at the same rate, at 1/5.1/32 June and at 1/5 for June. The last rate was wanted for a long interval but 'was not on offer. Later buyers offered 1/5. but only for May with sellers at that rate for June. At market closed with I. p.m. the sellers at 1/4 31/32 May! 1/5 June, buyers bidding 1/5 for May and 1/5 1/32 June.
U.S. Dollars
Dollars were on offen at 36 with buyers at 36 The last rate was reported to have been done, the market subsequently receding to 36.5/16 and 36 3/16 business done, the last rate being accepted for June also. Closing" rates
were, sellers 38 for May, 36 '3/16 June but 361 might have been obtained for that month, buyers at 36 3/18 for May.
Yen
1181.
Shanghai Dollars
1111
Shanghal Market
Opening rates were on a slightly lower level, sellers offering 1/3 5/18 and buyers at 1/37/18. Bellers later receded to 1734 and 173 3/16 with possible buyers at 1/3 5/16. Dollars were offered at 321 with buyers at 321 but an easier feeling prevailed bringing the rate to 32 5/18. sellers and 32 7/16 buyers.
REICHSMARKS QUOTA-
TIONS
474
DIY. #
American Radiator.......
Canadian Pacific
LAST SALE
FOL
1932
Нов
Low PKR SH.
May 5, May..
1:2
3.00 Air Beduction
$101+ $98
In con-
180
701
6.00 Allied Chemical & Dye
.1421 142"
1081
4.00 American Can
951
967
17
15:
141
132
55
102
American Smelting.......
391
28
1344
"861
9.00 American Tel & Tel.
1104
1094
948
501
lu
6.00 American Tobacco "B" 1.00 American Waterworks
72
187
177
-22
31
Anaconda Copper Mining .... 2.00 Auburn
143
141
119442241
40
382
237
5
-
Bendix Aviation in
161
15
1378
EB
1.60 Borden Company
234
*233
16
16
201
71
103
3
J. I. Caseiametni
551
541
alg
B1
0.50 Caterpillar Co
284
10%
1.40 Chaas National Bank
29 bid 28 bid
1.00 Chrysler Motors
441
421
ali
8.40 Consolidated Gas of N.Y.
33
324
Curtim Wright
34
$
103
391
2.00 Du Pont de Nemours,
80
864
3.00 Eastman Kodak ................
901
871
93
48
Electzio Auto-Lite Co.
221 201
10
0% Electric Boad & Share
141
144
43
10
158
鲭
Electric Power and Light...
54
301
0.40 General Electric
201
201
10
30% "21
1.00 General Foods ..........................
33
33
418
*1.00 General Motors
342 33£
10
39.57 ........597
CANTON SILK MARKET
201
1.00 Gillette Safety,
101 101
270
1.20 Gold Dust
co
201
197
12
46
134
0.80 International Harvester
374
*35*
-International Tel & Tel."
123
Amsterdam Parts Dollar
*99€
49
4.00 Liggett & Myers "B"
932
92
Sterling
77.15
May 5,
L00 Loew's ILG.
328 31.
15:08
The Kwangtung Raw Silk, Test- -Transocean. Kuo, Mining Bureau, Department of Recon-
261 254
- 311
2.80 National Biscuit ....
394
381
striction, Canton, China,
29 bld 28 bid
Canton Quotations
251
104
1.90 National Dairy Producta
167
151
H.K. SHAREBROKERS'
Extra 08. 13/15.EK. SABON!"
251
.205.
0.60 Otis Elevator......
15-
ASSOCIATION
Small Extra OB. 13/16 H.K.
916
181
$390N.
it
LEO Pacific Gas & Electrię
Packard Motors
18: 173
41:
Crack N.5. 14/16 ELK. #280N. Extra Extra 20/22 H.K. $280N, Waste NS. Open HK. 358N."
Yokohama Quotations.
42
131
0.60 Pennsylvania Railway
314
201
121
77
50%
Sears, Roebuck
441
424
12
191
Bocony-Vacuum Corpn.
157
151
Spot
May 7.
Yon 510
378
1.00 Standard Branda
2014
101
23
Standard Gao
Bourse six month * Yen 516
1.00 Standard Oil Co. of New
Jersey
44
New York Quotations
|: 1.00 Texas Corporation
25
241
May
Trane-America
1.00 Union Carbide & Carbon
45
401
600 Union Pacific ....
125 1281
United Air and Transport...
211
51
364
special to the "Hong Kong Dally Press" (Copyright.)]
Berlin, May 7. Reichsmark quotations (without guarantės); tr
New York Parla
BUYERS
Banks, $1885.
Underwriters, 81.40. Douglas, $36)
Venz Goldfields, '$6.80. Evos, $10.95. Wharves, $99.
Providents (old), $1.95. Docks, 15.20. Trams, 821.10.
Electrics, $72A Telephones (old), $23,90. Cementa, 82.40.
..58,20
Constructions (old), $190. Constructions (new), 70 cts. Gold $ Bonds; 87%.
5
Ask
CLOSED New York Quotations are ob tained through Courtesy of Amer- ican Oriental Finance Corpora tion,
Montgomery Ward
1641.00 National City Bank .........
Radio Corpn.
United Corporatio
- United States Mizel van sesuap).
Westinghouở K&M,
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