1934-12-25 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Sharebrokers' Association

soyar Selle

Balse ¡Nominal

MONDAY. DEC. 24.

Balleru

Kalan

Jamius

£1374

$1,890

£18

$1.39

1-03

#630

75 ct..

140

-35 ots,/40 ote

PIFITRI

$54

4/3

140

!!!!!

$5.0%

$10.70

요

Banks

H.K. Bankaiz|

Eo. (London) .......

Chartered Banks

-Mercantile Bis. "A"

Do

Bank of East Asia 39

N. O. & S. Barki

Am O. Fin. Corp: B.

Ch. Fin: Corp. Ord. 8.

Do

Insurances

£13

63

-H

$20

11.80

Prof. B.

Canton lusurSBOSS,

3170

Underwriters

....

$1.15

Union Insurance

$600

$510

Chins Fires

$5371

H.K. Fires

$5

International Asace. 3.

Shipping

Douglasea

$71

Steam boste

$30

Indos (pref.)

333

Do. (def.)

44/4) $13)

Shells...

Waterhoots

Mining

<3

Amtamoks

$37

Balateos...**

Baguio Gold ... $137 Benguet Consolidated

$610/5 26

175 che

***

Fun

2t our Do... Exploration a 20 ota, Do. Goldfield...

10 cts.. Big Wedgỡ ..............................

22 ct.

United Faracales... 3 ota

Salacot Mining .............

123 cen. Gold Exer

24 cts.

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

16 ct.

#1

Ipo Mining.

|40 eta

[logona

20/-

19-

SIB

Langkat (single) 3.

#5

23

Jimaghai LoanS

#10.40

Venezuela Gold Fide.

"Explorativos............ D.

$10.70 faube

35

Docks, Wharves,

* Godowns, età.

1.K&K, Wharven. 110

$1.40 Providents (old) $1.40 130 cza Da (LOW).

3.K. W. Docks...

S. China Motors A

Do.

פיזי

$120 Sbangbai Docks S.

$0

3309

་་

New Engineerings.

Hongkewa

Lands, Hotels, and

Buildings

H., Howis ...$1.90

HK Inde... 15

Do. 4% Debentures

324 Shanghai Landa::~.

$12.50 Metropolitan Lands..

H

Healties...an

China Doon «d.)

Do. Debenta os 5.

Humphreys*******

New Asia Hotel"

Tramwaya megin|| $90.10|

::

HONG KONG DAILY PRESS TUESDAY, DECEMBER 25, 1934.

BREAD RATIONS

IN U.S.S.R.

To Be Abolished

Moscow.

A regular plenary session of the Central Committee of the Com- munist Party of the Soviet Union, which sat for three days, discussed and passed on decisions on the question of the abolition of the 213 system of rationing bread and several other products, and re- organisation of political sections of State farms and machine and tractor stations.

ཧཱུྃ༔aaརྦཱ! སྒོདྡྷི ཨི##ELLE ཚོau iཏྟོ

The resolution of the plenary session on abolition of the system of ration cards for bread and some other products, in its introductory part. states that the food card system had been necessary at the time of its introduction, because of the growing demand for food in cities and industrial regions, whose requirements in bread and other products were increasing un- der the first Five Year Plan, due to the growth of cities and the Industrialisation of the US.S.R.

has

The situation, however, radically changed. The State now disposes of sufficient grain com-

10 ot. pletely to ensure the supply of it the population by means of free

Igs eta.

3124

3:15 36

$55/

iz

sale of bread witmout: the system

of rations.

The abolition of the system of rations is bound to eliminate the existence of two different prices (for rationed and general sale) and secure the introduction of a single State bread price » which must approximately form the average between the present high price for general sales and the lower price for rationed sale. Sirice this will lead to a certain rise in bread prices, the plenary session considers that a corte- sponding increase must be effected in wages and salaries,

The plenary session considers it necessary:

4L

To abolish as from January 1. 1935, the rationing system for bread, flour, and cereals, and to organise universal free sale of bread and other products to the populace through State and co- operative shops;

To cancel all existing retail prices for bread, flour, and cereals, and to introduce unified retail State prices for these goods;

To raise, as from January 1, 1935, all wages, salaries, scholarships, sum' i and pensions:

To start immediately an expan- co-operative shops for the sale of bread-Tass.

CANTON SILK MARKET

The Kwangtung Raw Silk' Test- ing Bureau, Department of Recon-- struction, Canton, China reports the following:

Canton Quotations

December 31, Extra OS. 13/15 HK. $430N. Small Extra 0.8. 13/15 HK

$400N.

Crack N.S. 14/16 HK. $IMN. Extra Extra 20/22 H.K. $300N. *Waste N.S. Open HK. $84|P.

Spot'

Bourse 8 months

Yokohama Quotations

December 22.

Opening Yen 585 Тед 599

New York Quotations

December 21.

Bid Ask 1.31 1.311 1.31 1.91 132 1.33

L

December March May

H.K. SHAREBROKERS", ASSOCIATION

BUYERS

Bank of East Aslu, $89. Underwriters, $1.15. Unions, $500. China Fires, $500. Antamoks, 75 cts. · Beng Exploration, 20 cts. Lands, $54

Wharves, $110). Providents (cid), $1.40. Trams, $20.10.

Ferries, $98.

Lights (cid), $10 20 Electrics, $71. Telephones (old); $24.85 Cements, $2.20.

Lane, Crawfords $32. Gold $ Bonds, $90%. Govt Loan 3%, 2%.

SELLERS Antamoks, 781 cts. Lands, $55. Lights (old), $10.35,

SALES

Electrics, $VA

NEW YORK STOCK QUOTATIONS Appear on Page 3

COMMODITIES PRICES

New York, Dec. 23. New York Cotton December 22. Closing Opening Closing Dec. 12.51 12.62 12.53 12.57 12:57 Jan. 12.51 12.51 12.53 12.53 12.53

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

is fair

There was

amount of business in Silver in London' on Saturday last. The market was supported by speculators and al- so by America. Sales were made for account of China.'. The market higher. closed steady at 1/16 ready at 237 and forward at 24.

The price in America was 434 cents.

Sterling opened in New York at | 4942" and closed at 4941..

Market

A rising tendency, was/ main- tained in the early part of the. morning but on Shanghal easing off, our market followed their tendency.

Sterling

Sterling was up in the opening at 1/8 19/32 with buyers probably at 1/8 21/32. Trading commen- .ced at 1/8 23/32 for February fol- lowed by 1/8 11/18 for cash 1/8 23/33 January second half and the same rate for cash 1/8. 35/32 for March second half, but at this point, the market eased off and sellers became reluctant, and busi- neas was done at 1/8 11/18 for second half January. February and 1/8 for cash. The markët closed with pear sellers possibly at 1/81 and buyers at 1/8 11/16. U.S. Dollars

Were dealt in early in the sea- sion at 421 followed by 42 9/16, 421, 42 11/16 and 42 all for De- cember delivery, 42 11/16 January

January. second half, .421

The closing.tone was: sellers 42 9/16 and buyers 424 December/January.

Shanghai Dollars Nominally at 1237.

Shanghai Market Sterling at 1/4 9/16 for near and 1/4 3/16 for forward improv ing to 1/4 for near. Later the tane however eased to some ex- tent. Dollars 34 1/16 for near. 33 3/18 for forward and subsequent- ly 341 for near and 33 7/16 for forward.

----- "IN THE AFTERNOON

The market took an easy turn In the afternoon."

17

Sterling

After being nominalty quoted, at 1/84, sellers for near receded to at 1/8 9/18 leading to business 1/8 19/32 for December as well as for January and 1/8 for Febr- nary. 1/8 12/32 was also done for February. The market closed with sellers at 1/8 9/16 and buyers at | 1781. buj á sale might have been

found at 1/8 19/92

U.S. Dollars

42) was done, for January 'de iivery and later. 42 9/16, for, the second, half of that month. The

RUBBER MARKET Mar 12.59 12.62 12.63 12.64 12.65 closing rate was 42 7/16 Decem-

REVIEW

May 12.68 12.69 1270 12.71 1271 | ber/January, buyers at 421.

July 12.66 12.70 12,72 32.74 12.75 Oct 12.53 · 12.56 12.58 | 12.58 12.57. (1935) Spot 12.75

12.80%

$123

jaz

$45

$10J

Ana Healties “A” 8.

$213

Du

g".

$88

Chinese Estate

Cotton Milly

30%

$74

B'bai Catton(vs.

$75

$44

1. Do. (new S.

+44

30.40

Loong Sings ......S

$9.40

#55

Wing On Textiles(9.)

$53

Public Utilities

$20

$17:

Pask Trains (old)....

3114.

$7

Do. (DOW)...

$88

Star Ferries

$98

..3921

Yaumati Ferries

$10 40

China Lights (old)....

$10 13

Do.

(now)...

$10.40 $10.10

HK. Electrica

1732

$20

Maoso do. Sumaka

18

Sandakan Lights...

Telephones (old) (m

125

Do. (new)***

$10 60

$12.40

Uhina Bus

Tractions

Messrs. G.‹A. Harriman & Co.. local agents for: Messrs. Stanton Dec. Nelson & Co., Ltd. have forwarded Jan. the following Review:--

17/9

Do. (pre).

Industriale

18.70

Malabon Bugara ***

$21

Cablbeck, Ford,) d.

320

Macgregors (prel.)B.

small business

12.85

Canton fra procence)

#1.30

Coments... $2.50

34.10

Buper..)15)

$3,90

MhcellaneouS A

Singapore, Dec. 11. During the past week the market has remained uniformly dull with Sept. 13.68 13.65 19.85 13.65 13.65 only

passing. Total sales: Speculative interest has. for the time being, died down, and dealers Dec. appear to be content to mark time. May All doubts as to the ability of Jmy

Mar. May July

New York Rubber 12.80 unquoted 12.85 12.85 12.87 12.85 12.85 12.45, 12.85 13.09 13.05 13.00 13,06 13.08 13.29 13.24 13.25 13.28 13.28

13.47 13.44 13:44 13.45A 13.45A

$24

Dairy Farmasemene

$24

Der A Wings.

121

Amuzamenta....

111

$7

Ch. Etainmante.......

$61

32

31 0

175 cta.

76 0's,

$31

appeared, but the general feeling Dec.. is that markets are unlikely to be-- come active until the holidays are over.

г

321

$3.

35

70-cta. Was Powells

Watsonst ste

dinceras anataka më

34.00 584

Estimates of American consump- tion for the first quarter of next year at 130,000 tons, compared Dec.

Winnipeg Wheat

771

774 774

324

824 824

32

M. Greyhounds.....

ས་

this year, are distinctly encourag-July.

*83

31

3. U. Enterprises...

$1.26

ing, and any nearby rubber coming.

x easily, absorbed.

$108

310

SLAMEN ON SHORE

$81

(Special Air Mail Service)

Constructions, (old)

Dr.

(now)

Lane Crawfords... $31

Macicintoshansover

Nanyang Tobacco...

United Theatram...8.

92/Ub.0,5%10260.6 Bda. † 90%,

H.B. Gora, 4% Loans

+81%

pre.

prem.

171

Wallace

3110

$6.60

K. Wing Un

Do Harpor

Vibro Fileng mon

GAYER THAN IMPERIAL VIENNA

76 lots Chicago Wheat. 971 98 ·98... 981 981 984 98 987 981 99 98€ 92 921 937931

the Dutch Authorities to carry out Friday's sales: 18,919,000 bushels "their commitments have now dis-

Chicago Corn

Shanchal Market Sterling 1/49 for near and 1/4 for forward, US$ 341 for near and 33 7/16 for forward. The market was quiet.

H. K. STOCK EXCHANGE

MONDAY'S OFFICIAL

QUOTATIONS

Banka Wharves

In spite of its being the eve of a holiday the market showed signs 887 881 881 89% 80% of some steadiness. Electrics came"

861 861871 874 to business at $71, HK May 861 July 834- 841 811 841 84 at $1,625 and Kowloon Total sales: 11,549,000 bushels were placed at $111. At the close there were enquiries for Electrics, 773 7773 Chins Lights, Telephones, H.K 82 823 Barks and Unlong. 23 631

83 83A

New York Sugar

55, ots with 90.000 for the last quarter of | May

Minister to post throughout all the changes of the last few years, looks like the typical jovial Viennese Bur ger,

remain in the same

on the market at current prices is Dec. ungboted fle

London, Dec. 5,

Mar. May July - 1.85

2.8.

*

1.76 1,75 1.78 1.76 1.76 1.80 1.81 1.80 1.62 1.84 11.85 1.85 1.85 Sept. 1.88 188 189 1.89 1.89 Total sales: 9,000 tons.

**** New! ForK SOK

Dec. 1.311

Mar. 1.31

¿Market, closed

One wonders if the crew of the May 1.33- Deutschland, which vibrates in Montreal Silver tolerably, live in as great discom- Dec, 53.458 53.038.53.05m $3.502 63.505 fort as did their predecessors of Mar. 53.75 53.70 54.00 54.15 54.25 the old Imperial Navy,

May 54.50 54.50-54.60 54:85 54.75 Owing to the inordinate amount July 55.10m 55.00 55.20 55.15 55.40 He is largely responsible for the of space devoted to protection, the Total sales: 10 contracts Dr. Karl Buresch, the Austrian consolidation of the Austrian

pre-war German battleships were -Bld,Asked -Kominal. Minister of Finance, who has left finances and for the great success for Vienna said that he remem of the internal loan for public terribly cramped.

(Special Air Mail Service).

London, Dec. 5."

bered no scenes of enthusiasm on works which he raised last year public occasion under the old in the form of a perpetual sweep- Austro-Hungarian Empire to comstake,

Accommodation for the men was

far below the British standard.

The mess decks were low and the seamen lived ashore in those terribly overcrowded, arid

pare with the Royal Wedding During his visit he has been dreadnoughts of the Nassau and

here frequently before he has Helgoland

His last purchase in London was apox of chocolates for Frau Dr. Buresch bearing portraits of the Duke and Duchess of Kent. M

normous

classes

cern of

four

These cond

the

Britin

had conversations with Mr Mon lieutenant's rank tagu Norman and Mr. Neville berth cabina. chamberlain, Dr. Buresch speaks were mitigated little English, so Baron Francken- the ships went to sea has the distein, the Austrian Minister acted manoeuvres and

For the greater part Linetion of being the only, Austrian as interpreter.

Dz. Bureschwi

the tim

BUYERS HK Banks, $1,825.

Union Insurances, $507 Underwriters, '$1.20. Antamoka, 75 cts. Baguio 'Gold: 35 cts. Wharves, 31104. HK Lands, 354."-

-HK Lands 4% Debts, $991.

Realties, $5.90,

HK Trams, $20.10. Star Ferries, $98. Electrics, $71}/

Telephones (old), $243. Telephones (new), $10.65, Singapore Tractions, 4/3.. 8C Enterprises, 31.

Constructions (new), 70 cts, Govt, 4% Loan, 8% Prem Govt. 31% Loan, 2% Frem. *ABELLERS

Douglases, 340/

Baguio Gold, 40 cts. HR Ropes $4.10

Investment Securities and Commodities

We offer you

Daily Quotation Service.

L

Every Facility for Trading through our LONDON, NEW YORK, CHICAGO, SAN FRANCISCO, WINNIPEG, MONTREAL, SHANGHAI & MANILA

CORRESPONDENTS.

American Oriental Finance Corporation,

Asia Life Bldg. 14, Queen's Rd.,

" Hong Kong.

Tel: 26631.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Meribers:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE CANADIAN COMMODITY 'EXCHANGE, INC.

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK'

7, IOE HOUSE STREET, HONG KONG (Head Office:-Continental Bank Building, Shanghai). Tel. 30101 and 30103:

ARRIVALS

December 23.

-Deli Maru, Japanese str., 1,203...

tona Capt. N. Hirose, from Stonecutters-0. 8. K'.

Tai Yuan, British str., 2,100 tons, Capt. J. K. Clark from Amoy, buoy No. B20-9, & 8. Hulchow, British str. 1,222 tons, Capt. J Robinson, from Can- ton, budy No. C-B. & S. Tjibadak, Dutch str., 4,801 tons,

Capt. H. de Jonge, from Amoy, buoy No. A7.-J.C.J. Line. Ginsen, Maru, Japanese- str., 2,500

tons, Capt. T. Kamel, from Mike, buoy No. AB-MB.K. Tchekam, Chinese str., 806 tons, Capt. 8, E. Loud, from Hol bow, buoy No. 35.-Ping On & Co.

December 24.`· Hai Hing, Norwegian str., 1.443 tons, Capt. O. 8. Olsen, from Hothow, buoy No. B18.-Thore- sea & Co. Teneriffa, Norwegian str., 3,496 toos, Capt. R. Johansen, from Manila, Stonecutters-Thore- sen & Co. Chinhus, British str. 1,353 tons

Capt. R. Warren, from Swatow, buoy No. BIS.-B. & 8. Hunan, British str., 1,021 tons. Capt. J. Beck, from Wal Het Wat buoy No. B1-B, & B. - · Somali, British str. 3,621 tons. Capt. T. H. Kemp, from Singa- pore. Kowloon Whart-MM. ☆ Com Nankwa Maru, Japanese str., 2,550 tons, Capt. M. Thiyama froin Port-Arthur, buay No B23.--- D.K.K.

Tul. Address: Salco

CLEARANCES

Hozan Maru, for Swatow Geniace. for Dairen Tuawa, lor Singapore Himalaya Maru, for Moji An Shun, for Swatow Ying Chow, for Canton Nankok Maru, for Batu Pahat Glenearü, for Bingapore Hydrangea, for Swatow Pyrrhus, for Manila Menelaus," for Singapore Eng Lee, for Tsingtao Mao Lee, for Dairen An Lee, for Canton Tai Yuen, for Canton Dell Maru, for Canton Yat Shing, for Canton Hulchow, for Foochow Kifuku Maru, for Singapore Peter Maersk, for Shanghal Teneriffa, for Shanghal

FORTY YEARS ON

Special Air Mail Service)

London, Dec.5.

By a coincidence it was almost 40 years to a week since Bir John Thompson, who spoke last night at the Cambridge Union, was elect- ed to the presidency of the 80- ciety.

Els training in that school of eloquence has given him a gravity of speech in contrast with the lighter and more epigrammatic manner inculcated by the Oxford Union. He uses to its best ad- vantage a fine speaking voice.

Sir John, who is chairman of the Union of Britain and India, Hal-had a brilliant carcer in the In-

valou, French str., 5.421 tons,

Capt. Saurgand, from phong, Kowloon Wharf-MM. & Co. D Hellos, Norwegian str., 1,113 tons,

Capt, W. Hanneylg, from 8wa tow, buny No. B17 Thoresen "& Co.-1 Ying Chow, British str., 1,216.tons, Capt. W. Forster, from Swa- tow, buoy, No. 821-B, & 6. Anshun, British str. 1,569 tons, Capt. J. A. McCulloch, from Singapore, buoy No. 815-B

dian Civil Service. His last ap pointment was the Commisaloper- ship of Delhi, which ranks as a Governorship.

Famous Union'"Debate.

He entered the 10.8. in 1886. During his year's probation in this country, he spoke in a famous Cambridge Unlon debate. This was on the granting of degrees to women

two interest aroused by this

The

controversial subject, in which

Yat Shing, British str., 1,424 tons Cambridge has always stoutly re-. Capt. A B Osmond, from fused to follow the example Tsingtao, buoy No. B-Maxford, was enormous, and the

attendance a record.

& Convent Mana

Kifuku Maru, Japanese str. 14,269 1280

tons. Capt. 8. Hada, from Mo1/

Kowloon Wharf-OSKA Mao Lee, Chinese, str. 1,209 tons, Himalaya Capt Band, from Canton, buoy 3.187

from No. B4Yee Taf Hong Tal Poo Bek, French, str, 1219

نمایشگاه

Wer

and

İRATES

tons, J. Bonnamour, from K.CA Gle Wan, - CMSN, Whart Tale Fung

HK. Banks, $1.6252

fres $520

Eng Lee Chine

Pro

Hotel

Telephone

Japanese" atz;

Kowloon

3,224 tona