1934-05-28 — Page 13

Daily Press 孖剌西報 All

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers".

Association

SATURDAY.

Buy, Seller

Andes |Nemášmul}

BUYPTE

MAY 28.

Jašara

1$1,880

$63

$410. 6x div.

iiiii

Fungrur miền und aunmui

***

131

216

220

£15

N. C. & & Barka

$20

Binks

A.K. Banks

Po.. (London) Chartered Bankı »-- Mercantile Bks. "A"

Do

Rank of East Asia..

Am. O. Fin. Corp:

A.

14

Ch. Fin. Corp. Ord. 1.

36

Do.

Pref. 8

Insurances

Canton InsurND COM .....

$310

$317

Underwriters

$552

Union Insuranc68 ...

3576 ex dir.

China Firea

3250

H.K. Fires......

(ex div.) $306 91.40 3620

$200

International Assos, S.

#

Skipping

341

Douglases 312.

Steamboats

$30

Indos (pref.)

13t

Do. (def.)

Shell

Mining

Balateos ......

50/71

11.30 Watert-onta

(63 ota) Amtamoks

$33)

37 ot Baguio Gold ......... 3 cts.

833) Benguet Consolidated

*21,3

$184

$4.80

157.

$200

$7

Venezuela Gold-Flds,

134

#7

Ipo Mining Itogons

Kailang

Langkats (single) 6.

Exploration.....8.

Shanghal Loans. 3.

Raabs

Docks, Wharves,

• Godowns, eta,

...HE. & K. Wharver.

Providents (old)

21.74+

*.............. 813,588 Loi 47.58d. per Pesa

18.159 Kroner" 22.381

505

364 6.0.

.

Geneva ....

20.22 Francs

15.84

103.23 Marka

3262

1/51

$1,800

HONG KONG DAILY PRESS, MONDAY,

MONEY

H. K. STOCK EXCHANGE Saturday's Official Quotation's

MAY

28, 1934.

13

PRESIDENT AND MARKETS

Од

LONDON EXCHANGE RATES

(BRITISH WIRELESS SERVICE)

Sterling Parity

May SL.

May 28.

7.51

530 8.

Amsterdam...... 12.10 Florina 7.50

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

It has been a dull and" quiet morning right up to the close, but with no material change in rates Some enquiries, however, were in evidence for Trams, China Lights and Telephones, but the offers | Helsingfors made by prospective buyers did Hongkong

530 .... 375 Drachmae ........... 276,318 Dinare 225 ......... 20.43 Marks 5.99

176 is. 6d. per Rupee 36. Belgsa

225

12.95

1/8 1/32

21.761

510

LinerS

SPEULAU SUMMER

FARES Hong Kong Residents will be interested in the news of greatly reduced Summer Round Trip Fares to AMERICA and JAPAN.

ROUND TRIP

TO AMERICA these rates are available on "President

Liners sailing between June 1st and July 31st. Final return limit September 30th.

Ist ClassTourist Class

361 8.0.

1.

22.39€

15.65.

Hong Kong to Victoria & Seattle

2284

1/51

and return... US$432.00

541

not prove sufficiently attractive.

Lisbon

110 Esendos 110

2101

SALES

Madrid

20.22 Pesetas

3T 5/32

110 37.7/32

Hong Kong to Honolulu and return. US$360,00

US$240.00 US$196.00

A

$30

336

Union Insurances $582) ex.Div.

Milan

08.46 Lire

50.25/32

591

Hong Kong to San Francisco

50/-

Underwriters 811

Montevideo

50.88d. per Peso

381 S.O.

38 8.0.

and return... US$450.00′′

US$240:00

$110

Wharves $105

Montreal

* 4.867 ·Dollars

5.081

5.081

Providents (old) 81.90

-New York

4.887 Dollars

5.09%

169 ctx.71 at 69/70 sts,

H. K. Trams $21.20.

Oslo

18.159 Kroner

19.901

5.091

19.001

K

Paris

194.21 Francs

77 3/32

77 5/32

332

BUTERS

Prague

.................. 164.95 Kronen

122}

122

22 ct.

Milreis

4 8.0.

4 S.O..

13 ct.

1/3

1/31

18136 Kroner

34.56) Schillings $4.58d. per Yen

19.40 28

19.40

28

Fares on ss. "President Hoover "President Coolidge" slightly higher.

TO JAPAN fares apply from June 1st to September 30th

with return limit October 31st.

Hong Kong to Kobe and Return

and

First Class

HK$225.00

1/23

Hong Kong to Yokohama, and return

HK$255.00

$13

3480

19 9/18 *197

Frequent sailinga.

341021

For further partionlar's apply -

DOLLAR STEAMSHIP

AMERICAN

MAIL

LINEL LINE

$1.08

121.10

20 at

Do.

Exploration

20 ut

Do. Goldfeld.....

18 ots.

Big Wedge

19 at

Gold River

Gold Creek....................

27-

Telephones (old) $25)

Hong Kong Banks $1860

- China Fire Ins. $510 ex. Div.

Providents (old) $1.85

H. K. Trams 821.10

China Lights (old) $8.90

H. K. Mectricy $73ł

Macao Electrics 825 Telephones (old) $25.15 Amusements $3.80

Constructions (old) $160

Constructions (new) 70 cts.

Qevt, Loans 81% Prem.

Gold River 29 cts.

SELLER'S

Bank of East Asia 893.

Wm. Powells 80 cts.

$15.40

县龉

20.80

$100 $1.00

$1041

31.98

75 ct.

ᎠᏯ. (new)

60 et-.

$1A

H.K. & W. Docks...

215.20

H. K. Ropes $51

32

8. China Motors' A

$3.

Sinceres $10

18

Do

$133

Shanghai Docks S.

$133

$6.50

New Engineering8.

352

$350

Hongkows

D

Lands, Hotais, and

Buildings

$8,10

H.K. Hotel ***-**-

35.10

301

$14

HK Tands.......B. Shangbai Lauda...9. Metropolitsa Landa,.

SBA

+

$8.40

FER

$140

$20

580

55.10

H.A. Kesitles...ar $10 China Do S. 3127 Da DebenturesS. J11.20 Humphrey! *********

New Asia Hotel Aris Realties "A"S. "B" S.

Do.,

Chinese Estater........

Oottom li 110.80 Ewos. **********

B'bai Cottonsfold)S. Do. (new)5. 813 Zoong Sings E

Wing On Textiles(S.)

Public Utiliting

Tramways windinsure

$78 $43

$10.90

Yaumati Forries ...)

Chins Lighta (old)...! 38,80 38.95 $8.20

$45

.

$131

$80

$60

79120]

521

talan 91

--

315.00 Phak Trains (old)....

$73

Do. (now).

$100

Star Ferries

#151 171 3100

$22)

$214

$8.00-1

184

Do. (now)...

11741

81

Do. Rights

$73)

E.K. Electrica ***

374

$734

Macao do.

$2

Sandakan Lights...

$23.40

325.10

$12.45

(DOW)

70 ete

Telephones (old) ...

Do

$13.20 China Busar ...............

Tractions.

16/10) Do. (pret.)..

Industrials

$12 Malabon Sugara... Caldbeck, Yord.). 318 Macgregors f(pref.)8.

131

Canton Ice

141

$12.04.

322

』"

(old)...

32.70

3270

(1)MW)ver]

Miscellaneous

Ch. E'tainments......] 374

Constructions, (old)| $1.75 { $1.80

$2.80

$2.70

Cements

Do.

Ropes

28

Dairy Farmos

03

Der A Wing&c++++

$3.80

Amanederi

CAT

$74

$1.80

The.

(new) 70 cts.

$3.80

Lane Crawfords.................

$21

Mackintombs

361

By sta.

Wm. Powells

12

1. Greyhounde

B. C. Enterprises

$2

prem.

38

$180

S'ha

$10

Nanyang Tobacco...

Sincere

Watsons...........

United Theatres...8.

971, Ch. G. 521925G.$Bda. $41.

H.B. Gort, Losas ...

Wallace Harper.............. EL.K. Wing On

Do

$26:

***

$3.80

THE EXCHANGE

MARKET

MESSRS. ROZA BROS. REPORT

Baturday: May 26. There was no change in Suver prices in London yesterday, ratés remaining at 19 9/18 and 197 for Ready and Forward · respectively. The market was supported by America to a small extent. The tone was quiet. In New York the price was 45 with a firm time, re- flecting Government purchases.

The cross-rate New York on London opened and closed at 5.091. Market

Absolutely gagnant, a fitting closing to an extremely dull week

Sterling"

1/57/32 was offered at the open- ing for May and June delivery, buyers asking 1/5 9/32 and ap- parently with no interest at 1/54

Rio de Janeiro"..... 28.93d. per Gold

Shanghai

Stockholm ...... Viennaet Yokohama ..... Silver (spot)..... Silver (forward) War Loan

19 9/18

191

% 33% 102 9/10

Closing Quotations

May 26, 1924-

ON LONDON: --

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

sight

ON SHANGHA) :—

On Demand

ON NEW YORK:-

Bank Bilis, on demand 351

Credits, 60 days' right.. 37)

ON BATAVIA

On demand

Bank Bills, on demand 510

Credits, 4 months' sight 150,

.........1/5

ON PARIS,

Credits, four months'

sight

1759

ON SAIDON:

1101

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

ON SINGAPORE:-

ON 'MANILA :--

Ou demand

60

On demand

71

ON JAPAN:-

ON BANGKOR S

On demand

On demand

1317

ON INDIA:

SOVEREIGNS, Bank Buying

Telegraphic Transfer...

Rate

1/5

Bank, on demand

032

! BAX SILVER, per ot

19 9/16

CABLE AND WIRELESS

Chairman On Transit|try in which we

Taxes

were definitely pioneers in the telegraph field we have been endeavouring to come to some arrangement in the mat- ter:

Over-developing

We realize that quite apart from

which we the long association

At the annual meeting of the Imperial and International Com-- munications, Limited, held in Lon- don on the 24th instant, the have had we are established in that country and its colonies, em- Mr. Chairman.

Denison-Pender. made reference to Transit Taxes play a large number of its na-

Own substantial hope in Some and over development of tele-tionals, properties and have we graphic facilities.

He said in part:---

| measure added to its prosperity.

We are therefore reluctant to

from either side of the market. offered Subsequently 1/51

It will be remembered that some jeopardize those good relations if Wag without attracting buyers

who of the companies which form this it is possible to come to some rea- maintained the buying rate of 1/5 group were the pioneers of over-sonable compromise. 9/32, A small business was done seas telegraphy and were respon- Up to the moment' negotiations at that rate for June. "The marsible for connecting up nearly all are still proceeding and I hope ket closed with sellers at 1/54. the countries of the world.

they may result in further buyers at 1/5 9/32 for "May or In those days great appreciation cementing of the ties between June.

was shown by inany foreign govthat "government and your com- ernments for the assistance

to pany. international trade which

U.S. Dollars

·Could have been obtained at 361

Was

A

a

I desire this year once more 10 with buyers bidding 381. and these afforded by telegraphic facilities sound a warning note against the rates remained, the effective quo-und it is indeed no ill-considered tendency to overdevelop telegraphis tations throughout the morning. axiom that trade follows the tele-facilities which can only result in

graph 'route.

un uneconomic position for all Many of these countries in fact I concerned with an ultimate " re- ove the development of their striction of development and re- trade very largely to telegraphic search and a postponement of re- and shipping facilities provided! duction in rates. through British enterprise but The tendency to-day is for every sometimes I am inclined to think country to desire its own overseas that these pioneer, services have | telegraph system working direct to been forgotten.".

Its more important trading areas

Yen

$4

120.

Shanghai Dollars

38.30 310 $5.00

1101.

|8u ota..

$1001

$180

$115

Investment Securities

and Commodities

We offer you

Daily Quotation Service

and

Every Facility for Trading through our

New York Correspondente

E. A. PIERCE & CO..

American Oriental Finance Corporation

Asia Life Blog. 14. Queen's Rd., C.

Federal Ine, U.8.4.

Hong Kora

Tela 26631.

1:

Shanghai Market Extremely dull. Sterling at 1/3 and 1/3 9/16 sellers and buyers re- spectively and Gold at 32 sellers. 32 15/16 buyers.

CANTON SILK MARKET

May 24.

It is our great desire to main with a result that in the past few Lain most friendly and cordial years these direct services have relations with all the governments been cutting into the whole econo- and companies with which we mic structure of international have business relations,

telegraph...

But times bave changed and it'. It is not within my province to cannot be too strongly emphasized dictate but I feel I should not be that modern developments have doing my duty unless I warned now made possible many things others of what I believe, to be a The Kwangtung Raw Silk Test-which were wholly impossible a very great menace to everyone in ing Bureau, Department of Recon- few years ago. struction, Canton, China,....

Canton Quotations Extra OB. 13/15 EX $460N. Emall Extra 0,8. 13/15 HK,

$4000.

Crack N.8. 14/16 HM. $295N. Extra Extra 20/22 HK, 8270N. Waste. N.S. Open H.K $50N)

Yokohama Quotations:

May 25.

Spot

Yen 5207 Bourse six months

Yen 630 New York Quotations.

--May, 24- Bid Ask 1.211.24 1.25 Beptember

1.25 December

1.25 1.28 New York Quotations are obtain- ed through Courtesy of American Oriental Finance Corporation.

May 24th

the telegraph business wheather it be private enterprise or govern- ment owned.

For instance where a long chain. of cable touches many interme- diate points it in the practice of the governments to place, a tax upon the message passing through their territories although destined for some other country and for this tax no service whatever in rendered by the government im- (Special posing it.

It is now possible in many cases by the combination of cables and wireless to pass over those places and as avoid the taxation

As an illustration of this I may tell you that in one case this. com- pany pays a sum of approximately £80.000 a year in respect of such taxation and in order to preserve the good relations with that cours--

REICHSMARKS QUOTA- TIONS

to the "Hong Kong Daily

17. (Copyright;}},"

Berlin, May 26.

Reichsmark quotations (without

New York Paris

·Amsterda Paris (Bter Paris (D

PADDER BUILDING HONG KONG

DANTON BRANCH2–4, STAKKE BOLD.

NEW YORK STOCK EXCHANGE AMERICAN ORIENTAL FINANCE CORPORATION

FED. INC., “UBIA. QUOTATIONS

Tel. 28631-Axia Lite Buliding, 3rd Floor,

(REUTERS THROUGH THE AMERICAN ORIENTAL FINANON CORPORATION) New York: May 28:

Dow Jones Averages High-1933/34 Low: May 25. May 28.

30 Industrial

20 Railr

90 Utilities

40 Bands

Commodity Index

110.74.

50.16 94.5

66.94

95.43 43.01

37.72"

18.33. 23.34

95.21

*60.44

Chatige.

85.6885.05

'43.41*

$3.30 .06 up

73.21 03.07-9453 108 up.

·41,98 545€ 84.50 98 up

The A. O. F. Oer, has received the following report from their New York correspondenta, E. A. Pieros & Co. The market, took a alight turn for the better on news bearing on the business situation and on an agreement being reached between the conferees on the Fletcher-Rayburn Bill to accept sa independent commission to administer a measure of help to bring about a farther small improvement in stock prices.

Wheat: Yesterday's momentum carried prices bigher but the unset- led weather forecast induced profit-taking, thus restricting demand.

Cotton: Business was small and tone steady. Prices advanced on the limited supply of contracts, rather than aggressive buying,

Silver: An undisclosed principal continued to buy. There was some scattered selling. Thirty four lots were tanded.

Business Done: 280,000 shares.

401

31

..1939

HIGH

DIV. Low PIR. SH.

Lart Bai

May 10. May 26.

115

471

3.00 Air. Reduction

5041

$95)

160

702

6.00 Allied Chemical & Dys

132

133

1001

4.00 American Can

94

17

-

American Radiator

14

131

554

American Smelting........

30+

397

132881

9.00 American Tel & Tol.......

114...

1142

601

5.00 American Tobacco "B"

714

721

431

10%

1.00 American Waterworks

10

191

23

5

Anaconda Copper Mining

141 144

844

2.00 Auburn

34]

342

21

221

BL

Bendix Aviation

15

15

378

18

1.80 Borden Company

241

247

sok

Canadian Pacific

15

15t

7

103)

J. L. Onés

501

51***

201

0.50 Caterpillar Oq...

28.

27

812

·157

140

Chase National Bank L

273bia 27źbia

591

1,00 · Chrysler Motori

394 391

848

21

3.40 - Consolidated Gas of N.Y.

321

32

1

Curtion Wright ......

31

1023

4.00. Du Pont de Nemours

85

3.00 Eastman Kodak .......

.95

.93

Electric Auto-Lite Co.

· 21 ·

20

201

10

6%%a Electric Bond & Share

148

"48

10

158

Electric Power and Light,

0.40 General actria

198

10

160 General Foods |

312 *311

201

418

1.00 General Motors.

324 33.

Le^ Gillette Safety

108

.105/

271

1.50 Gold Dust Baseina

19

0.60 International Harvester

31+

InternationalTOL

12

99)

364

40 1.00 Loer's Int. fina

4.00 Liggett & Myas “B

311

314

Montgomery Ward

241

2.80 National Biscuit

13:31

LOO National City Bank

14

1.20 National Dairy Products

0.00 Otis Elevator

152

1:10Pacific Gas & Electric

:17

*-* Packard Motors ....

4

16C Pennsylvania Railway.

Radio Corpa

Sears Roebuck fur

• Bocony-Vacuum Corpn.: 1.00 Standard Brand

Standard Gar

1.00 Blandard Oil Co.

Jersey

100 Texas Corpo

nion

159 194

401

210

19

40

332

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