514
Metropolitan Bands.
151
H.K. Realties.........................
SIR
China Do....
+
$137
Do. DebenturesS
Aug. 2
Humplireja me
$10.40
$10.40
New Asia Hotel ...
$45
$140
320
As Realti "A" N.
Do.
"B" S.
Sterling
5.03 5.031
$86
Cotton October Cotton: December
13.14
Close Open 10.30 5.03 13.08 13.12
13.24 13.20 13.23 13.21 13.21
Siver: September
47.00
$11.3
Ewoo
$11
$72;
Silver: December
46.95
Do
Silk: December
1.12
48.62 47.00 47.00 47.10 47.10 47.20% 1.10 1.11 1.11a
$11
Rubber September
14.78
47.74 14.74 14.73
$63
Wing On Textiles(S.)
166
Rubber
December
14.14
15.13 15.14 15.11
Public Utilities
$91.30)
Tramways..................
| $21.45) 3211
Chicago Wheat: Sept.
1034
1031 1028
$16
$7
Peak Trame (old) ..:)
Dc. (new).
314.60
Chicago Wheat: Dee.
101%
105# 1042
161
Corn: September
714
714
70%
301 Star Fernos
$100
Corn: December
744
744 731 732
12
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Jayant
Soliese
¡Nominal
7.815
3488 1.30
3650
$40.65
£134
THURSDAY. AUGUST 2.
Banks
11.K. Banka
Sharebrokers' Association
Po.. LancoE) Chartered Banks ... Mercantile B "A"
Du.
<
£13
931
£134
3:4
N, C. & S. Barks...
$20
An O. Fin, Corp; 8.
1310 9220
16
مطاف يا
احمد الله
Bank of East Asia
Ch. Fin. Corp. Ord. S. Prol. 3. Do
Insurances Canton LunaNCOS... Underwriter se Union Insurances ... China Fires............. H.K. Fires.................. International Assco, B.
Shipping
Douglases......
Steamboats range
384
+++
$1,832
ᏆᏞᏣᏐ .. £384 £15
$5.50
3295
$1.95
4) ca.
144
Benguet Consolidated 340 343
Exploration 10 ets.190 cta.
$650 $240
$30
indos (pre)
.333
Do. (def.)
45/7
Shelt
$30 $35 30/-
14
Waterhonta
$13
$13,20
Mlains
169 ct.
Amtamuka......
66 ots.
£35
Balatcos
Baguio Geld
Do.
Do. Gostiold
Big Wedge.
Gold Creek..
Ipo Mining...
Itogons .....
19/3
$21
Langkats (single)
Kallaus **********
B
Shangnai Loan
Exploratus.....
$5
38
13.20
$13
..
$7
Venezuem Gold Ekis.
$112
19 cte.
21 ste. Gold River..
$2
14 сть,
124 otal 20 cm.
$1.85
$13
307
150 cts.
Docks, WharYON,
Godowns, etc.
H.K. & K, Wharveste
Provideute (old)81.85
Do.
(੬) *
H.K. & W. Docks a S. China Motors ' A'
-Do
$125 Shanghai Docks S. New EngineeringS.
$5
#312 Hongkowa (uld) S. $310
DU.
(dew) 8.
Lands, Hotels, and
H.K. Hos
H.K Lands 1. 1672
$25 Saangusi Lada... 9.
$15.70
Buildings.
Chinese EstALL.-J. Cotton Mills
$734 S'hat Cotton fold)S (new)S:
$il. Zoong Sings S.
843
$0.75
1 :
37/-
$184
·6.30·
45 ct.
HONG KONG DAILY PRESS, FRIDAY, AUGUST 3, 1934,
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION AND S. E. LEVY & CO.
New York. Aug. 1. The American Oriental Finance Corporation's report through their New York agents, Messrs. E. A Pierce Co., states:--
Stocks:-The tone of the market seems to be much better. Any de- dnite news which could be inter- preted constructively might easily lead to a substantial extension of the rally. Inflation talk is heard. Wheat:-Com is strong in sym. pathy with foreign markets. Un- favourable crop reports from Aus- tralia and Canada and expecta- tions of bullish private estimates to-morrow were the principal in- fluences in the market. "Szeable" profit-taking was well absorbed.
Cotton:The market was mo- derately bullish. The weekly wea- ther review gives no rains in the West which inspired enough buy- ing to set-off hedging and realls-
ing
on
Suver: Offerings increase the advance and there is no in dication on the part of long hold- positions. ers to liquidate their Out of a total of 17 lots, éleven were taken for Control account.
Grain:Old and new crop com- mitments can be switched without charges.
New York, Aug. 1. Messrs. S. E. Levy & Company's report, through their New York agents, Messrs White. Weld & Co., states:-
Stocks: The firmness of the
impressive in view of the low volume of business. Many buyers are attempting to discount the possibility, of inflationary action by the President an his return,
THE EXCHANGE MARKET
S
MESSRS. ROZA BKOS.
REPORT
A further rise was recorded in silver price yesterday, the Ready rate to 20 7/16 and Forward 20). instances. being 1/8 up in both Support was given to the market
India We by America.
and China operated both as buyers as well Was The outlook sellers.
In New York the price
at up
market 46.70. The was firm and the probability of the American Government main- taining purchases was expected.
. In New York Sterling was quoted at 5.031 at the opening and closed at 5.09).
doubt, however, if the Government policies, towards counter-acting the business recession are likely to evolve for some time to come. We would recommend the accepting of trading profits on this rally and then standing aside to await de- We would continue, velopments. nevertheless, to favour the pur-" chase of indationary issues on any good weakness.
Bonds: High-grade Issues have a better undertone and prices are slightly higher. Second-grades
are also better.
steay. was
Market
Night Quotations
of New York Stocks and Commodities
uati!
Our offices are
open from 1p.m. midnight, every night except " Sundays and Now York holidays.
The opening quotations of selected list of New York Stocks, and of Commodities will be received in our offices ut approximately 15-minute intervals.
Thus, our clients have, out the same evening, quotations for the morning session of the New York Stock Excboage.
Advices of executions on orders placed during the night sess ons are received within the half-hour.
American Oriental Finance Corporation.
"
Asia Life Bldg.
Steady indications at the open- further sub- lng but 'firmed up sequently led by Shanghai.`
Sterling
Cailon:-The market is. quiet and there has been but little out- side interest. Some easing of com- fuitments was noticeable, pendinging indications at 1/6 15/16 which
the issuance of the Government crop report.
Silver-The market is quiet and
steady.
Rubber:-Prices are steady. To- wards the afternoon, the market firmed up on renewed speculative buying.
We would recommend purchases or any dips.
from
Wheat: Strong cables abroad and a better Winnipeg ex- port demand combined with ex
of bullish private pectation estimates of the corn crop to- morrow prompted broader buying
market to-day was not altogether ef all grains.
三
32
$125
358.
NEW
#6.40
YORK MID-DAY
Was offered at 1/5 with buy-
rate was accepted" by" sellers for near delivery followed by 1/5 31/32 for second half August. the same rate for August and later 1/6." At the lunch hour there were sellers at 1/5 31/32 and buyers at ""136 for near.
U.S. Dollars
Sellers at 371 for near. buyers at 37. Business was done at the last rate for Augast second half. for cash, at 374 September, 37 11/16 cash and at 37 13/16 Sep- The rate at 1 pm. was tember. sellers, 37 11/16, buyers 377 near."
Yen"
· 1251.
1.
PRICES
Shanghai Dollars
The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and S. E Levy & Co."
COMMODITIES
Aug. 1
#110 7/16.
IN THE AFTERNOON
The market developed further strength in the afternoon.
Sterling
Sterling was offered at 1/8 with buyers at 1/8 1/32 for cash, but unob- the buying zate. remained tainable for a long time although forward transactions were done at corresponding rates. Business was done at 15 3/32 October followed by 1/6 October and finally at 1/8 1/32 cash
U.S. Dollars
Were done at 377 September and later 37 for the last day of Aug- ust.
NEW
Federal Inc. U.S.A... Hồng Kông.
Tel. 26631.
YORK STOCK EXCHANGE
THROUGH REUTER'S AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
New York: August 1.
QUOTATIONS
Last Today's"
High Low Close Close
5.03 503
13.97 13.15
Change
3.03) 3.030 off Steady. 13.16 13,24 0,08
New York/Loudon Cross-rate Now York Cotton-December New York Silver-September 46.70 48.44 45.80 48.70 0.10 up December 48.90 48.20 46.70 46.95 0.23 'up 15.14 15.00 13.10 18.14 0.04 up 105
103 102 1017
'New York Rubber-December Chicago Wheat, December
-December 741-793 Chicago Corn
45
21 sp
72
742
kap
104
of up Steady.
46+ 457
Dup Steady
Aug. 1.
New York Silver(Business done San Francisco.
price) High-1833/34 Low: July 31.
100 Borden Company
J. I Case
#
Canadian Pacific
0.50 Caterpillar Co.
עד
Ubange
9057 252 up" - 35.76
1.07 up
20,53 6.63 up 93.85
0.93 up 61.38 0.79 up
Dow Jones Averages
30 Industrial
110,74
50.18 88,05
20: Rail
56.94
95.43 34.6
20 Utilitie#
37.73
18.33 15.00
40 Bonds
95.48
73.31 93.49
11 Commodity Index
60,44
Dry. $
41.98 .59.80
1933/34
LART SALE *
HIGH Low
July 31.
Aug. 1.
PER. SE.
3.00 Air Reduction
47
599
$99
8.00 Allied Chemical & Dye
Lou
701
1241
126
4.00 American Can
LUTA
491
937
95.
11.00 11.30 Mid-day
5.03 6.03 5.03
13.08 13.10 13.10
13.20
American Radiator.................... American Smalting..
49
102
111
bbb
101
321
334
9.00 "American' Tel. & Tel 5.00 American Tobacco "E .1.00
80)
1081
.. 110
75
501
761
American Waterworka ........
157
181
102
111
47.00
Anaconda Copper Mining
4 17
18
47.208
Auburn
24h
.. 114
121
1.11
Bendix Aviation
234
24
251
"
14.73
378
18.
38
40
15.11
103
121
123
103)
103
201
-8
241
26
1042
-104%
33
23 bid
241bid
*70%
708
1.40 Chase National Bank
401
+睡
33A
351
1.00 "Chrysler Motory
76
274
284
$21ł $8.80
Yaamati Ferrie....
..
3911
Winn Wheat: Oct.
881
90%
88/
Shanghal Market
3.40
Consolidated Gas of N.Y.
84
31
23
21
China Lights (old)....
$8.90
-
Curtis Wright
***
Do. (20W)...
38.40
Dow Jones Average
90.57
$712
HK Electrics... 372 3721
STOCKS
$25
Macao do.
Sandakan Liglita....
Am. Smelting
331 341 34
331
The market closed with sellers of Sterling at 1/6 buyers at 1/6 1/16, and 1/8 1/32 the likely bust- ness rate.
St
851
881
3,00
Pont de Nemours'
103
97
99
3.00
Eastman Kodak,
100%
164
17
Electric Auto-Lite L'o
$11.90
5/
17/6
Telephones (ald)...
Do. (new)
$13.20 China Buses S
Tractions are
Do. (pref)....
Industrials
$24.80
$12.20
Anaconda Copper
114
111
111
.114
Auburn
18
184
181
Baltimore "and Ohio
151
151 151
J. I. Case......
40
401 391
Consolidated Gas
281
28/ 29
29
311
Malabon Sugara
Dupont......
88
884
88+
871
#21
Caldbeck, Lond.) 8.
Elec. Bond and Share
114
11
Mcgregoreipref.18.
General Motors
281
$2.70
Canton Ices
Inter. Tel, and Tel.
91
$2.871
4.80
1
Ropes: $4.50
Miscellaneou
McIntyre Porcupine ...
47
$25.80
Montgomery Ward
Natl. Distillers
231
1818
N. Y. Central
211
Socony Vacuum
141
"14
Eas
114
114
113
281 28
94
464 481
231 23 231
211
14
371
31.50
78 otu.
34.30
121
310
$5.65
$2
"
33
Standard Oil of N, J.
43 432
United Aircraft
151
151 15
H4.20
U. 8. Steel
357
354 35+
Westinghouse
311
31 311
-----
184
181
201
201
14"
434 43
15
354
311
310
LONDON BILVER
$3.65
55 ots.
London Gold: £6.18.2.
g
London Rubber: 74. 71. 74 quiet,
Liverpool Cotton: 6.84 up 2 pts.
Liverpool Wheat: 5/107 up
ex int
perm, 21%
$109
Do.
$115
Ipo Mining, $21.
Raubs, $131.
Wharves, $112.
Docks, $13.
Providents (Old), $1.85.
Hotels, $5.70..
COMMODITY PRICES
New York Cotton
344. lots
July 31 Closing Opening
New York, Aug. 1. August 1
Chicago Wheat
Closing
July
-09
1021
#
rx int.
Cements
398.16/
Dairy Farma ...**** Der A Wings.......... Amusemente ..................... Ch. Etainment....... Constructions, (old) $1 65
(new) 78 ch..
Do
Lace Crawford......
Mackintoshequer
Nanyang Tobacco... $4.20
Biaceres **********
Forells
Watsons
Wm.
M. Greyhounds
S. C. Enterprisus... 31,10
United Theatro...8.
95% CL.G.6.19254. Bde. Sejl.
HK. Geet, 4% Loans
30
Wallace Harper.......
H.K, Wag Óu
S'ha Do.
H. K. STOCK EXCHANGE
A fair amount of business has been done, in
some cases, Blightly improved rates and there is a little more activity in the mining section."
Sales
Hong Kong Banks, $1,823.
Antamoks, 59 centa.
Bagulo Gold, 46/47, cents.
Electrics, $72
Govt. Loan (34 per cent.), 24 per
cent. Prem."
Buyers
Hong Kong Banks, $1,816.
Canton Insurances, $288, Union Insurances, $5521; Underwriters, $1.30. Douglases, $40.85.
Union Waterboats, $13.35.
Bagulo, Gold $35.
Balatocs, $35,
Benguet Consolidated, $40.
Hong Kong Lands, $57k.
Humphreys $10.40. Chinese Estates, $85. Hong Kong Trams, $21.35. Yaumati Ferries, 3214. China Lights (Old) 8.85. China Lights (New), 58.45. Electrics, $72.
London Silver: 20 9/16 Spot. 20 11/16 Forward London-New York Cross: Noon E.03 3/16. 2 pm. 5.03 3/16.
possible business rate 37 13/16 for $1.60 General Foods.
near, delivery.
S.E. Levy & Co's Cables
The
following cabled-
reports
were furnished by Messrs. S. E. Levy and Co. last night."
London Forecast
The news from Germany which has not affected the London mar- ket la not expected to hinder the recent improvement in Wall Street which should continue to be buoy- ed up by the strength of Grains.
Wheat: Higher prices are anti- dpated in appreciation of the crop damage.
Cotton:-A steady market is ex-
Mar. 15.46 15.41 15.41 15.48 15.439 | pected. May 15.70 15.68 15.68 15.74 15.74 Total sales:-
Mar. 13.32 13.31 13.32 13.39 13.39 Tuesday's sales
Rubber:-Easter.
Weather Condition Report Cotton: In the West balf of the Belt the weather is torrid. In
Oct. 13.65 13.04.13.03 13.12 13.14 Sept. 100 100 1011 103 1034 Oklahoma the temperature is 108
103 1034 105 1047
A forecast indicates Dec.
13.16 13.15 13.17 13.24 13.24 Dec.
1051 1051 107 107 partly cloudy conditions but there Jan. 13.21 13.21 13.20 13.28 13.28 May
34,138,000
is no real relief. In the East half ⚫bushels
the weather is unsettled.
Grains.-Conditions in the South West are torrid with the tempera- ture of 108 degress. The heat is the East. In the spreading to 73, 73 74 742 North West it is clear and warm-
May 13.41 13.38 13.39 13.47-13.47 July 1347 13.48 13.46 13.52 13.52 Spot
13.20
Chicago Corn
Bingapore Tractions (Pref.), 17/6.
Cements, $2.70.
Dairy Farms, $25.89.
Watsons, $5.68.
New York Surer Sept. 4000 46.44 46.44 46.70 47.00, May Oct. 4653 unquoted 48.76 46.76 Total, Dec: 4870 46.70.46.70 46.95 46.95
1:
July Sept. Lec
671
60 70 70 721
sales:--
71
711
unquoted
781 72 18,804,000 bushels
ing up.
S.C. Enterprises, $1.
Constructions (Old), $1.55.
Constructions (New), 7-cents.
May
Govt Loan (4 per cent.), 63 per Total sales:
cent, Prem. ex. "Int."
Jan. 47.00 47.00 47.00 47.00 47.00 Mar. 47.75 47.15 47.80 47.50 47,80
48.20 49.80.49.80 48.00 48.00 July
17 lots
Winniper Wheat
1.84 1.84
857
Oct.
871
8888881 881
"
Dec.
*
New York Rabber"
ABI
90
899
May
94
94.
947 941
Sellers Telephones (Old), 325.
Govt. Loan. (34 per cent.). 21 Der Sept. 14.70 14.68, 14.88 14.74 14.78
cent, Prem.
Oct. 1483 unquoted 14.88 14.8% Dec. 16.10 15.04 15.05.15.14 15,14 Sept.
Jan. 16. 15.12 15.13 15:20 15.28 Dec.
1,80
1.00 General Motor
Gillette Safety
1.20 Gold Dast
0.60 International Harvester“
0.10 International Nickel
International Tol. & Tel. 4.00 Liggett & Myers "B" -1.00 Loew's JLC.
2.00 Me Intyre Porcupine
Montgomery Ward
LATE NIGHT CABLES
The following cables were re- ceived last night by Messrs. Ame- 1.88 1.86 rican Oriental Finance Corpora 18,000 tons tion.
1.84 Mar, Total sales:
New York Silk Sept. 1.07 1.07. 107 1074, 1.08)| New York Sugar.
Dec. "1.101 110, 1.11 1.11† 1.12 1.11 E107 1.11 1.11 1.12 1.741.74 1.76 1.78 177 Feb.
118 lots 1.80 1.81 1.82 1.82 Total sales:-
to be buoyed up by the
strength and grains.
Whaet: Higher in appreciation
of the crop. damage. Cotton:-Steady. Rubber-Easter.
New York A.O.F.C. Cables Stocks: The rally yesterday 18,
believed to be based on the pre- viously oversold condition of the London Forecast.
market due to excessive bearish- Stocks: The news from Ger- ness and it may continue on an- many which has not affected the ticipation of 'presidential stimula London market, is not expected to "tion: ..........
hinder the recent Improvement in Cotton:There is no pressure to Wall Street, which should continue sell but demand is also Umited.
There were sellers of Dollars at 374 and buyers at 371. and the
5%
Electric Bond & Share
31
10
113
11t
4.8
时
A
Electric Power and Light...
31
4+
15
3
181
18+
0.40 General Electric
301
104
20 xd
201
st
27}
281
42
11
111
1.0
211
72
171 177
371
251
271
407..
231
241
19
8+
all.
95
962
991
22
237
38
45+xd
47
50
23
23+
359
2.00 Nations! Biscuitser 100 National City Bank 1.90 National Dairy" Preducta
33+ 331
23 bid 23 bid
187
161 163
251
10
National Distillers
174
181
104
N. T. Central .....
20
21
584
0.00 Otis Elevator
1.50
Pacific Gas & Electric Packard Motors
25+
101
1316
111
151
184
317
21
21
0.50 Pennsylvania Railway
BI
23 xd 24
422
181
Radio Corpn.
5
5t
12
3
Sears. Roebuck
-344
361
511
12
0.40
Scoony-Vanaum Corpn.`. Southern Pacific......
132
-141
10%
301
181
174
1.00 Standard Brands yang
37A
131
181
191
Standard Ges
1.00 Standard. Di) Co. of New
23
5
7#
71
..
Jarsby
001
414
43.
1.00 Texas Corporation
312
10%
22
921
0.12
Trans-America
24
51
B
1.00 Union Carbide & Carbon
BIZ
192
.401
417
8.00 Union Pacific
133
81
101
103
United Air and Transport...
10%
101
144
151
United Corporation
14
4
4
degress.
Waited States -Breel
87*
23
**341
357
Westinghouse E. & M.
199
291
314