72
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Buyers JKILOB
Sharebrokers' Association
FRIDAY, JULY 13.
Bürorless
20 Gáma
$1.770
mun ge bun ungunn
TBʊ ota,
1136
210
£98
£15
$84
#x0
30
Banka.
*H.K. Banks
Bo. (London) ... Chartered Banks ...
Mercantile Eks. "A"
Do
bour of East Asia...
N. 0, & S. Barkı
Am. O. Fin. Corp:
Ch. Fin. Corp. Ord. 9.)
Do Pref. 8.
****!!
£18 £28
£15 584 36.20
Insurances
Canton stra088,
Underwriters
3295
632/30
Union Insurances...
#:35
1510
China Fires
H.K. Fires
1+
16
International Assoc. S.
*550 $235
Shipping
41 Douglas ******
141
17
Steamboats
$30
Indos (pref)
13!
Do
(def.)
Shelfs
4 10
$19
$321
42 ct
$39
Waterboats
Mining
Amtamoka......
Balateos
Baguio Gol!
Benguet Consolidated
Do. Exploration Do. Goldfold
Wedge...
Gord River..
$30 $35 30%"
60 st.)
1:1
<2) 43jota.
131 119 ctx
12 cts. 97 20
30 ct-
12 ats.
20ata
躁
Gold Creek...
Ipo Mining.
Itogons
15/-
$21
Langkas (single) S.
Explorations.......
$61
Shanghai Loans
2.
$7/-
15 36
$12.80 Raubs-********
2
$.5.10
Yonezzem Gold Fida.
Docks, Wharton,
Godowns, sto.
108
$100
H.K. & K. Wharrea
-$1.65
50 cts
Providents (old)
Do
il.K. & W. Docka
$131
(new)...
5. China Motors' A'
Do.
B
Shanghai Docks S.
New Engineerings. 8359 Hongkowa (old) B. $320 Du. (new) N. Lands, Hotels, and
..Buildings
$1.60 $1.7031.70
6,80
$108
40 -
12
$131
302
HONG KONG DAILY PRESS, SATURDAY, JULY 14, 1934.
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION AND S. E. LEVY & CO.
New York, July 12. • The American Oriental Finance Corporation report through their New York agents, Mesira, E. "A. Pierce & Co., states:—
Stocks-The character of the market remains unchanged essen- tially. The volume of business has declined on a moderate recession. with the main buying, interests confined to investment caliber. Business done: 470,000 shares.
Wheat:-The sentiment of the
market was almost unanimously bullish. Although realising and hedging sales caused a reaction receipts keep. large. Soft wheat was offered freely. The premium Inaintained in the Winnipeg mar- ket evidently reflected the Cana dlan Government crop report.
Cotton:The market acted well considering the extent of selling and the fact that the weather is unfavourable., Realising sales and a let up in specplative demand caused a set-back. However, Trade buying improved, on this set-back due to improved demand for goods. There was also some nar- rowing of the premtum on distant months, compared with near-bys.. Silver: The market was featureless, showing evidence that speculators are becoming some. what tired. "A fair volume of bust- ness was offered at from ten to twenty points above the market price.
|
H. K. STOCK
EXCHANGE
WEEKLY REPORT
We have had a steady, market during the week under review with a fairish turn over in most of the principar industrial Stocks both New York, July 12.
for cash and forward deliveries At Messrs. 5. E. Levy & Company's | the close there is a better demand report, through their New York for. Trams and Telephones · after agents, Messrs. White, Weld & Co. | the declaration of an Interlin divi- states:
dend of 40 cts. for the old and 10' cts. for the new, have been placed at slightly higher levels. Electrics would appear to have resisting any further drop at $711, business reported at that price and later on at' $12. Hongkong Hotels, Cementa and China Lights have fallen away and close on the weak side.
Business Done During The Week Hongkong Banks, 31790. $1780,
$1776,
Stocks:-We would mit any further buying to minor recessions. "Our opinion of the market remains unchanged and we believe it to be still a trading affair. Business done: 470,000 shares.
Bonds:-High-grade bonds are better, with the volume of busfriess smaller. Second-grade issues re- main unchanged.
Cotton:-Liquidation, local #all- ing and lower cables caused the market to ease. We continue to advise the taking of profits on any "sharp advancès, anticipating some-
what lower prices later.
Silver: The market ruled quiet but steady.
Rubber:-Comrilssion-House and
speculative selling caused stop- loss orders in a working market Prices may go lower and, we be- lleve that advantage should be taken of sharp recessions.
Wheat:-The market ruled hedge qulet. Profit-táking and sales are increasing on advances.
Woolworth have declared a diri- dend of sixty Cents falling due on
August 10 and payable on Septem-
ber 1.
NEW YORK MID-DAY PRICES
The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and S. E. Levy & Co.
'COMMODITIES
July 11
Bank of East Asia, $84. Union Insurances, $538, $532,
$530.
H.K. Fire, $230.
Wharves, $108, $107, $106, $108.
$109: Docks, $12. Hotels, $5.95. Lands, $58. "Tramways, $211.
China Lights (new), $8.60.. Electrics, $718, $72," Telephones (old) $24.85, $25.
Cements, $2.72. Dairy Farms $264. Constructions (old), $1.80. Constructions (new), 75 cts. Antamoka, 60 cts. Baguio Gold, 42 cts..
Shanghai Cottons, (old), 8h. 375. S'hat Cotton (new), Sh. $42}.
·Govt." Loan (34%); 1% Prem. Changes (3.15 p.m.) Closing Quotations.
BUTERS
Hongkong Banks, $1780.
Tramways, $21.20.
SELLERS
China Providents (old), $1.70.
Electrics, $72,
SALES
Investment Securities and Commodities
American
Asia Life Bldg.
We offer you
Daily Quotation Service
and
Every Facility for Trading through our New York Correspondents
E. A. PIERCE & CO.
Oriental Finance Corporation
14, Queen's Rd., C
Federal Inc. 1.9.4.
Hong Kong.
· Tel. 26631.
NEW YORK STOCK EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL - FINANCE CORPORATION
AND S. E. LEVY & CO.
QUOTATIONS
New York: July 11"
Change
Last Today's High Low Close Close New York/London Cross-rate 5.01 3.034 5.04 3.0% of out: Dull Now York Cotton-Octobër 14.92 12.77 13.00 12.80 50 of New York Silver September 4, 46.94 47.20 47.10 0.10 OF New York Rubber-September 15.20 14,08 18.15 14.84 0.31 off Chicago Wheat September 98 94 934 941 1 up
-September 58
New York Silver(Business done
Chicago Corn
San Francisco,
ST price)
-"
47 09 691
407 47
:
10
Dow Jones Averages, High-1933/34 Low: July 11.
י
O up. Dull
Oi ap. Dull
July 12 Ubange
95.32 0.35 of 43.61
0.68 of 23:19 0.33 of 195,18 10.30 tip
57.83 0.81 of
35.700
R.K. Hotele **** 202
15.80 85/5,80
H.K Landa...8.
$58
327
Shanghai Landa...
$14
Metropolitan Landa.
201
H.K. Realties......... $8.40
$15 China Do
3137 Do Debeatures 5.
Sterling
- July 12 Close Open 10.30 5:03 5.038 5.03
$140
Fr
$20
$86
512
173
Do.
9
sae
$25.10
$218
$16
$7
$10.
Star Forries ....
191 $8.70
$8.60
110.30 Humphreys
Now Asia Hotel Asia Renities "A"S.
Do.
"B".
Chinese Esta tos, .....
Cotton Mills
EOS.........$11.20
Shat Cottoas(old)S.
Zoong Sings
Wing On Textiles(S.) $60
Public Utilities
Tramways .............. 121,10
Posk Trams (okk) .......
Do (now)...
Yaumati Ferriol
Chins Lights (old).
Do (new)...!
$10
Cotton: October Cotton: December Suver: September
Silver: December Silk: December' Rubber: September
(new)S.
Rubber
December
11.00 11.30 Mid-day 5.038 5.032 5.03 12.80 12.88.12.98 12.94 12.04 12.92 13.06 12.95 13.08 13.13 13.10 13.09 47.10 46.75 48.75 48.75. 48.70 46.70 47.70 46.858 46.858 48.858 46.85e 1.18
117 1178 14.34 14.75 1480 1476- 14,75 15:23 15.21 15.13 15.15 15:13
46.85%
1.178
14.65
15.05
Chicago. Wheat: Sept. ... 941
941."
941
94* 94
Chicago Wheat: Dec.
961
96)
057
959
954
Corn: September
59+
592
591
591
59+
Corn: December
108
80
601 60%
80%
$14,80
Winn, Wheat; October
82
YO
814 817
811
ко
STOCKS
1211
$8.80
Am. Smelting
42
19,
Anaconda Copper
141
671
71
11. K. Electrics ......
380 12
Macao do.
Acburn
247
Sandakan Lighte...
Baltimore and Ohio
23+
$242 $25 112
24.85/25
Telopliunea (old)
394.86
J. L Case
521
Do.
(new)
$12.10
Consolidated Gas
331 33
$13.90
China Buses. .
Dupont
92
0/-
Tractions
Elec. Bond and Share
141
18/101
Do. (pref.)..
1 Industrials
·General Motors
317
$12
Malabon Sugari
381"
Caldbeck, ON
318 Micgregors (prof.)8.
82.70
Canton Ice
Inter. Tel. and Tel. McIntyre Porcupine Montgomery Ward.
121
49
282 281
321
Natl. Distillers
221
$4.72
Cements
$2.70
344
Kupus
14.40
N. Y. Central
281
MiscellaneoRS
Socony Vacuum
15+
320
Dairy Farms
$28
Standard Oll of N..J.
441
Der A Wings.
United, Aircraft
19
34
Amusementa
14.30
$74
VLCD
**
Ch. F'tainmente......371
Constructions, (old)] 11 66
U. B. Steel
,393
Westinghouse
371
17།།1388 |j སྶ །༄ ༐ ། :|ཙྪིཾ
42
414
424
141 141
142
221
221
221
52
52
512
33
33
33
$21 $12
92
141 ·141
142
32+ 321 31F
317
121
12) 72
127
-
48
484
281 28
281
22+ 221 213
217
28
271
272
151
152
157
.. 447
442
442
181
189
39%
39
391
382 361
361
70 ob
Do.
(08) 73 16
Dow Jones Ind.
88.32
$4.30
"Lain
Crawford.....
34.43
LONDON SILVER
$2
$21 Mackintosh
Nanyang Tobacco... $5
| 310.60] Binceras
$5,40 Watsons
170 ots. Wm. Powells
M. Greyhounds
SC. Enterprise
$104
United Theatres ....... €. 877.0.5%199&0.9 Bda 55
14,5. Gort, 4% Loans
Do. 21%
Wallace Harper.......
$108 R.K. Wing Oo
33
**
pren.
1%
рег.
B'ha
LATE NIGHT CABLES
The following cables were re- ceived fast night by Messrs. American Oriental Finance Cor- poration.
con-
London Forecast Stocks: We expect dull ditions to prevail in Wall Street in view of the recent apathy to the strength of commodities and the unlikelihood of any change in the existing domestic situation.
Wheat: A lower and irregular market is expected, owing to pro fit-taking.
Cotton:-Prices are expected to advance. in sympathy with Liver- DOOL
Other Markets: Easler;
AOFO, New York Cables Stocks: Coastal
disturbance.
Do.
Yokohama Quotations
165 eta.
gix
$120
July 12, Spot
Yen 490 Bourse six months... Yen 497 New York' Quotations
July September December
**** 1.18 New York Quotations are obtain ed through Courtesy of American Oriental Finance Corporation.
London Gold: 6.18.0) (up 14.).
London Rubber: 7.5/168, 7.3/8s-1/16. Noon 7.5/188. Steady. Liverpool Cotton: 6.89-7 points: Liverpool Wheat: 5/18—4 London Silver: Spot 20.9/16--3,16. Forward 20.11/16 3/18, London-N.Y. Cross: Noon 5.037+i. 2 p.m. 5.03.13/16..
COMMODITY PRICES
Chicago Wheat,
July 921 94 937 Sept. 031 941: 94 Dec: 95 98 96 Total sales: 10,009,000
New York Cotton
New York, July 12. July 11
July 12 July 12.30 12.71 12.72 12.64-12.04 Oct. ∙13.00 12.88 12.82 123.78 12.89 Dec. 13.15 13.03 13.05 12.94 12.95 Jan. 13.20 13.10 13.09 12.97 12.97 | July Mar. 13.28 13.18 13.17 13.04 13.05 Sept. May 13.37 13.24 13.24 13.11 13.11 ¦ Dec. Spot 13.00
.12.85 *(1935).
New York Sliver
bushels
62
Chicago Corn
601 unquoted
601 58
*621 ·611 591 Total sales: 7,957,000
ין
bushela
THE EXCHANGE
MARKET
MESSRS, ROZA BROS. REPORT
Silver prices in London yester- day was 20 for Ready, and 201 for Forward, in both
instances
the rise being 1/16. India COM- tinued to support the market ab- sorbing sales, for account of China. The market closed without any special feature. The price in New York was 49.30. The market was dull.
"New York quoted Sterling at the opening at 5.03 and the rate
closed at 5.034. "
Market
Steady but stagnant.
Sterling
3.00 "Air Beduction ........... 8.00 Allied Chemical & Dye 4.00 American Can ..........
American Radiator................. American Smelting....... D.00 American Tel & Tel. 5.00 American Tobacco"В" 1.00 American Waterworks
Anaconda Copper Mining Anbarn
Bendix Aviation
1.80 Borden Company
Canadian Pacific
J. I. Caso awes
30 Industriste
20 Rails
20 Utilition
110.74 (01:50,9400 37.73
60.13 96.87
23.43 44.19
40 Bonds
95.91
11 Commodity Index
BO.44
19.33 93.72 73.31 15.09 41.98 48.34
DIV. $
1933/34
Y LAST SALE
PIR. SH.
HIGH
118
Low
July 11. July 19.
473
3102 + $100
180
701
137
138
1071
401
1001 1001
:
19
14
141
554
102
421
42
1542
115
115
601
78
781
191
194
15
·141
S
514
25
241
24
151
147
234
01
37
271
27
18
204
141
141
7
531
$27
102)
301
0.50 Caterpillar Co,
271
201
33
B
1. Chase National Bank
29 bld
287bld
1.00 Chrysler Motors... 3.40 Consolidated 'Gas of N.Y.
Curtiss Wright
BUT
411
401
78
331 -33
841
.311
31
3
St
11
2.00 Du Pont de Nemours 3.00 Eastman Kodak
921
92
1037
28
974
98
1001
48
23
221
Electric Auto-Lite Co.
31
10
8% 8. Electric Bond & Share
15
141
48
Electric Power and Light... 0.40 General Electrio .............................. 1.00 General Foods
...
5+
3
20+
20
708
10
31
31
81
32+
311
1.00 General Motors
42
10
12
12
FL
191
20
0.80 Luternational Harvester 0.10 International Nickel
578
33.
334...
26
261
19
International Tel. & Tel. 4.00 Liggett & Myers. "B" 1.00 Loew's Inc.
13
129
81#
971
971
99
27+
27
38
2.00 Me Intyre Porcupine ....sta
- Montgomery Ward 2.0. "National Biscuit
50+
493
301
282
29
35
951
35#
28
281bid
43
181
187
254
23
214
412
20%
N. Y. Centra} 0.00 Otis Elevator ..........
29
29
151
154
1.10 Pacific Gas & Electric ......
Packard Motors
317
171
171
87
34
0.60 Pennsylvania Railway,
31.
302
Radio Corpa.
12
.61
-61
Bears Roebuck ........
444
44
0.40 Socony-Vacuum Corpn.
Southern Pacific......
197
18
157
201
241
24
1.00 Standard Brands
27
· 21
21
Standard Gai
.101
01
1.00 Standard Oil Co. of Now (9)
Jersey'
501
1.00 Texas Corporation
BI
102
+
"241
241
0.39) Trans-America da..
38
6ixd
1.00 Union Carbide & Carbon 6.00 Union Pacific
191
·441.
7.44
133
61
121+
1191
United Air and Transport...
10+
181
10
United Corporation
5
51
United States Bol
401 391
Westinghouse E. & M.
377 37
Was available throughout the | morning at 1/5 31/32, opening with buyers at 1/8 1/32 developing later into buyers at 1/5. "No busi- ness resulted. For August 1/0. was obtainable.
U.S. Dollars
Belling and buying rates were 37 11/15 and 37 13/16 with a spall reported business at .373 for July, 37 could have been placed again but sellers would not move from 37/11/18.
1254
Yen
Shanghai Dollars .110 to 118 7/16.
Shanghal Market Sterling opened steady at 1/4 5/16 sellers 1/4 buyers bat, re- ceded 1/16. Dollars were on offer "at 34 3/16 with buyers at 341, came 934 931 down 1/16, recovered
a fraction 94 941 and reacted subsequently to 341 961 961 and 34 3/16 sellers and buyers re- 13,665,000 spectively.
bushels
1.09 Gillette Safety 1.90. Gold Dust
1.00 National City: Bank mám. 1.20 National Dairy Products..........
National Distillers
IN THE AFTERNOON The market in the afternoon went easy following Shanghai. 57 573
Sterling 609. 591 Sterling was quoted at 1/5 29/32 601 60 sellers with possibility of getting 17,399,000 1/5 15/16 and 1/5 31/32 buyers for near." but at times 1/5 15/16 bushels
was not available. Business was done at 1/8 for September and at 1/5 16/18 for July, the market 801 301 closing with sellers at 1/5 29/32 "817 82.
for July, 1/5 15/16 for August, 1/5 The following cabled reports." 83331/32 September with likely buy-were furnished by Messrs. §. E.
July 11. Rid
Aşk
1.13 1.15 14171 1.19
1.19
Sept. 47.20 40.94 48.94 47.08 47.10 47.20 4740 47.40 47.25 47.25 Oct.
47.35 48.00 48.00 47,60 47.70 Dec. Jap. 47.47 47.40 47.40 47.83-47.83 Mar. 48.08 unquoted 48.29 48.28 May 48.70 49.30 49.30 48.75 48.75 Total sales; 18 lots. 6. lots
July Oct.. Dec.
Winniper Wheat
33. 811 811 844 831 83 857
841 847
ia
New York Sugar -
"
might prove to be a test for a general strike, though settlements have been effected. recently in other localities.
Silver: The market continues at standstill some liquidating or ders following downward trend..
Cotton-Market, .......quiet. Small scattered selling meeting good. de mand. Tone" steady.
New York Rubber
July 14.86 14.85 14.85.14.84 41.64 Sept. 15.15 16.18 15.00 14.84 14.84 Oct. 15.23 unquoted 14:07 14.97
S. E. LEVY & CO.'S CABLES
ers at 1/32 higher for the deliver-Levy & Co. last night. ies named.
Shanghai Dollara Were pocols in a closed at
July 1.71 1.89 1.71 1.69 1,70 Sept. 1.75 1.75 1.75 4.74 175 Dec, * 1.83 ... 1.83. 143 1.81 1.83 37 sellers, 37 11/16 buyers. Total sales: 18,000 taxis" 8,000 tons.
New York Bile
2.
LONDON FORECAST
Cotton:-Prices are expected to advance in sympathy with Liver-
pool.
Other markets easier.
NEW YORK
At 10 p.m.
In the center and east cotton belt the weather is unsettled
At 9.10 p.m. "We expect dull conditions to which is not wanted. There are
Shanghat Market
prevail in Wall Street in view of showers in South Texas. In other Sterling was quoted at 1/4 3/16 the recent apathy to the strengthwestern sections there is not much sellers. 1/4-buyers and Dollars at of commodities and the unlikell relief. The weather in most sec 34 sellers, 344 buyers but eased hood of any change in the existing tions of the grain belts is favour Dec. 15.51 - 15.53 15.55 - 15.23 15.23 | July. 1.15) (1.13 1:16:
able for Harvest which is a bearishi -1.12) 1.12}' | | further to 35 15/16 sellers and 34 domestic situation. Jar 15.61 15.69 15.69 15.35 15.35 Sept. 1.19 118 118. 1.17 1.171 | buyers. Business was None in
Wheat-A lower and irreguar factor but this weather is simul- Mar. 18,84 15,89 15.90 1558 15.68 Dec. 1.19 1.20.1.191:18 1.18 Sterling at 1/4 5/10 and Dollars market is expected owing to profttaneously unfavourable for Total sales: 338 lots 726 lots- Total sales: 114 lots .81 lots
taking. at 35 15/16,
and cotton