Sharebrokers'
#
DAILY SHARE QUOTATIONS
Hong Kong Stock
Buyers Sellers
Exchange
TUESDAY.
AUGUST 7:
11 M Banks
Association
$288 $12
$450
+
HPHRDE DE *⠀⠀⠀ ⠀⠀⠀⠀
Sellere
1 talá
$1 885
H.K. Banki
$1,830
Bo. (London)
2136
2164
A+
E
Chartered Banks
省水
£13
Mercantile His. “
Do.
584
N. C. & S. Barks
Am. O. Fin.Corps.
Bank of East Asia
Ch. Flo. Corp. Ord. B.
Do. Prof. S.
$84
$5.80
數
+4
Insurances
Canton lusarBUDED....
$980
Underwriters
Union Insuranosa ...
******$30
$510
China Fires
$660 $650
H.K. Fires
9960
LVÁNNOT) ET
56
International Assoc. 5.
$940
Shipping
$40.65 Dougie8 mm -3414
$7
Steamboating
37
$30
Indos (pref.) *********
$3
Do. (et)
******
46/3
Shellsunt magnamen
$30 $30 30%-
+13)
Waterboats
$154
Mining
160 uts.
Amtamoks .....
61 ata
$361
Balatco
147 ot
Baguio Gold
47 ctu.
$40
Benguet Consolidated
9417
[19'sta.;
Do. Exploration
120 eta.)
Do. Goldfield
12 ota
Big Wedge
24 ote
Gold River.
24 ala. 25 eta. 24 ota.
12
Gold Craek.
Ipo Mining....
*S
Itogons
20/3
Kailas
$21
Langkats (single)'s.
#5
18!
Venezuela Gold Fide
Docks, WharTOS, Godowns, etc.
Providents (old)
1:39:2!!}
$112
31.85
$13
+
Explorations.... De Shanghai Loan S.
$13.40) Numbs znanst
$7
30 eta.
$125
$131
H.K. & K. Wharven. 1119
Do. (uew)...
1.K. & W. Docke..
S. China Motors* A'
Thi
Shanghai Docks S.
New Engineerings8.}
Hongkow (old) B.
97/- $18
16
$8.80
HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 8, 1934.
NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E.
LEVY & CO.
New York, Aug. 6. The American Oriental Finance Corporation's report through their New York agents, Messra. E A. Pierce & Co., states:-
Stocks:-The strength of metal stocks, based on rumours of ag- gressive silver purchasing by the Government, rescued. the market; however, there is no definite trend and sentiment, generälly; is in- different "and of a mixed nature Speculation seems rapidly to be appearing in the direction of the grain markets,
יי
|
MARKET
MESSRS. ROZA BROS. REPORT
Last available Silver prices were. 20. 11/16 and 20 13/16 for Ready Forward respectively, the three months," The stocks of the and
former was 3/18 up and the latter metal now total 18,000,000 ozs.
International Nickel has declar-1/4 up. The rise was due to pur ed a dividend of 15 cents per share, chases for account of America The Alaska Juneau Gold Mining and also to Indian support. China Co. for the past seven months show operated on both sides of the mar- a proft, before deducting changes, ket which closed steady. of $1,395,000 against $723,000 for York the price on Monday was
47.40. the corresponding period of inst
Sterling opened in New York at year,
5.04 and closed at 5.04).
Annalyst Index of Business ac- tivity: 79.8.
General Motors have declared a regular dividend, plus 80 cents extra.
New York, Aug. 6.
Mears, 8. E. Lavy & Company'a
report, through their New York agents, Messrs. White. Weld & Co. states:
Market
In New
Steady opening indications led to strength in the market. refleetlug the stronger tone in Shanghai.
Sterling
Was available at 1/6 1/32 with buyers at 1/8 3/32 at the opening. There were rumours of business done at 1/6 1/16 for near and sub- Stocks:-The market is still
sequently business was done at 1/8 hesitating in anticipation of some 9/82, 1/6), 1/6 5/32 for near de- action by the Administration cal-livery and 1/8 3/18 for October
Business done:-780,000 shares.
Bonds: The market for high: grade. Issues is steady, while second-grades are unchanged.".
Cotton:-Prices are Arm, but there has been only a little outside interest. The market is still await mg issuance of the next Govern. meat cotton crop report.
delivery, the market closing with sellers at 1/6 5/32 with buyers at 1/6 3/16.
*. s
U.B. Dollars Sellers at 38 and recorded bust- mess at 38 and 381, closing with sellers at 38, buyers at 38 5/16.
Yeo
Opening rate 126 but a much better rate was obtainable later.
Wheat:---The strength of the market was due to unfavourable weather, unfavourable crop de- velopments and strong Rotterdam and Buenos Aires markets. Proft- taking was well absorbed. The highest prices for over year were seen and the market closed strong. A forecast of the weather inculated to stimulate recovery. 30 cts Canada indicates fair and warmer
conditions to-day and on Tuesday [14 eta.
Foreign traders are concerned over the North-American crop. Thefe was some buying through a Hoðse with foreign connections
Cotton:-Bullish private reports from the West on account of the, continued drought and heat caused Axing and covering, which absorb. ed the moderate liquidation and bedging. The market now looks fairly well evened up. It is be- leved that if Wednesday's Govern- ment estimate is over. 9,400,000 bales it may have a temporary bearish effect. If below 9,200,000 bales the report should be con- sidered bullish The market w Wheat:-The market is strong. be closed for Afteen minutes after Strength at Rotteram and Buenos Aires combined with less favourable publication of the Bureau report.
Silver:-Buying by Banks was weather in the Argentine encour- The market for Sterling in the apparently for the Government aged heavy buying. While the afternoon open on the strong alde Control account. There are rum- possibility is that prices may go with sellers at 1/6 3/16 but the ours of activity in spot silver for higher, we believe that purchases strength was short lived. Follow- the same account. Omcial ware-on minor set-backs is the prefering the reaction in Shanghai, sell- house stocks have been reduced byable course. Business done 18,312,- ers at 1/8 3/16 withdrew from the 85,000,000 ounces during the past 1000 bushels.
45 ots
$1.70
rat
$13
ex div. $120
·
:;;
76
8319
1910
Do
(new) S
Landi, Hotels, and
Buildings
$6.70
H.K. Hotels
$5.70
$47
H.K Land.........8. 561 | 187
207
$251
Shanghai Lazdı...B.
Metropolitan Lands..
H.K. Kenities....
$5.40
$154
China Du.......
$137
Do. Debouturess.
$10.40 Humphreya"........
New Asia Hotel-
Asia Resities "A"S. Do. "B" B
Chinese Extatea.................
$10.48
345
1
وڈ
Silver: The market is quiet and featureless Business done 31 lots. Rubber:-Prices were strong and the trend was upward on renewed
and trade
speculative buying
Shanghai Dollars 110 and 110 7/16..
Shanghai Market Sterling at 1/4 sellers. 1/4 7/18 throughout the day. We belleve buyers. Bubsequently 1/4 7/16 sell- that this commodity will sell con-ers, 1/4 buyers. Dollats rose from siderably higher in the near futrue. 34 7/16 geliers to 348 sellers with Business done: 745 lots.
buyers at 344.
NEW YORK MID-DAY PRICES
The following mid-day prices were received yesterday mom
New York by Messrs. American Oriental Finance Corporation and S. E. Levy & Co.
COMMODITIES
Aug. 6
$140
120
$85
Cotton Mill
$11.30 Ewoe
נו
$11
1731
S'hai Cottons(old)S.
3721
$13
Do.
(new
Zoong Singa u
$11
$83
Wing On Textiles(S.)
$86
Public Utilities
$21.35
Tramways. 821:35
$15
Peak Trams (old)...
$144
$7
Do. (new)...
161
Sterling
5.04 5.05 5.051.5.06
$102
Star Ferrica $100
Cotton: October
Yaumati Ferries ... $1
Cotton: December
China Lights (old)...
$8.00
$8.40
Do.
(10)...
$8.35
Silver: September
Aug. 7
5.061 13.08 13.18 13.1913.19 13.18 13.21 3.32 13.33 13.33 13.30 47.40 47.50.47.50 47.50 47.52
$72
H.K. Electrica
#712
$72
325
18
$24.80
B/1
17/
Da,
Macac do.
Sandakan Lights .........
Telephones (old).
$11.80% Do. (now)
112.20 China Buses ...... S.
Tractions ......
Industriala
Silver: December Sük: December
47.85
1.12
Rubber. September:
15,44
$24.45
Rubber: December
15.85
47.708 70 47.708 1.11 1.11 1.11 15.57 60 15.58 16.00 18.06. 15.96
$11.90
(prof.)...
Chicago Wheat: Bept..... 108 108 Chicago Wheat: Dec....... 1.101 1101 Corn: September
5.06) 13.16 13.29 47.52 47.70B 1.1110 ** 15.53 15.87 #1087 1074 1074 111 1107 1099
Corn: December
$11
Malabon SugarM ...
Winn, Wheat: October
741
751 771 771 904
75 741
74
781
771
944 934
771 *93
***
$21
Caldbeck, toni ) di
$194 Macgregoref(pref.)8,
STOCKS
$2.70
Canton less
Cements
39.70
SNR 19,65
$2.70
Am. Smelting
34
342
344
341
$4.00
Кор
***
itiscellaneous
Anaconda Copper Auburn
111
114
11
11
11
19 20
20
/ 20
326
Dairy Farms
326.10)
Baltimore & Ohio
141 151
15
141
Der &
Wing.
37
381 384
34
$4
$74
$7.90
Consolidated Gas
27+
27
271
$1.56
Dupont
841 861
851
75: ate.
(now) 75 cts.
***
Elec. Bond & Share
11
∙118.
11 11
$4.30
$4.50
General Motors .....
27
25
271
27***
$21
Inter. Tel, & Tel....
91
9k
prem. petize
趣味
$10
35.70
70 sts.
12.
M. Greyhounds
31.
12
United Theatram.......f
.£
85%,
$108
$10
McIntyre Porcupine
481
481
48
Montgomery Ward
211
211
·211
21
201
.... 165 sts.
Natl. Distillers ...
181
18
181
184
N. Y. Central
201
201
201
20
18 201 101
Socony Vacuum
-131
132
131
134 13
·131
Standard Oil of N.J.
42/ 422TM
423
·42) ****7428
421
4441!
United Aircraft
151 15 15.
-154 15
14
8. Steel:
331
34
321
Westinghouse
291 301 30 291
.30
291
8120
$115
LONDON SILVER ·
J. I. Case
$.
IN THE AFTERNOON
Sterling
market. A small business might possibly have been done at 1/8 3/16 followed by 1/8 5/32 the first and second half of the month and also at 1/6 for the first and second half of the month
U.S. Dollars. Business in Dollars was reported at 38 and 38 3/16. The market for Sterling dosed with sellers at 1/6 3/32 and likely buyers, at 1/61. Dollars, sellers at 38% and buyers "at 38-3/16.
11
Shanghai Market
In Shanghai, Sterling was quot- ed at the opening of the market at 1/4 7/16 and 1/4 9/16. A lated quotation gave sellers at 1/4 buyers at 1/4 but the last known and rate was lower at 1/4 7/18 1/4). Dollars eased from an open- ing rate of 34 11/15 sellers 34.13/16 buyers to 344 and 34 saders and buyers respetivcely.
Night Quotations
of New York Stocks and Commodities
Our offices are
open from 10 p.m. until midnight, every night except Sundays and Now York holidays."
The opening quotations of à selected list of New York Stocks and of Commodities will be received 'in) our soffiosa at approximately 15-minute||intervals..
Thus, our clients have, on the mme evening, quotations for the morning session of the New York Stock Exchange.
Advices of executions on orders placed during the might sess ons are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
Federal Inc. USA.
Hong Kong.
Tel. 26631.
NEW YORK STOCK EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
New York: August 6.
QUOTATIONS
Last Today'
"Change High Low Close Close
of up Dull. New York/London Cross-rate 503 504 5:048 -5.04) New York Cotton-December 13.25 13.11 13.15 12.21 0.03 up New York Silver September 47.40 47.30 47.30 47.40 0.10 up ,: 4" December 47.80 47.60 47.51 47.85 0.34 up 10.45 16.80 16.86 0.35 up New York Rabber-December 15.85 Chicago Wheat -December 1103
Deceber 78 Chicago Corn
20 Fair.
9.00 America Tel. & Tol... 8.00 American Tobacco "B" 1.00 American Waterworks
1.80 Borden Company
Canadian Pacific
0.50 Caterpillar Co.
Consolidated Gas of N.Y. Curtiss Wright....... 8.00 Du Pont de Nemours 3.00 Eastman Kodak .....
Electric. Auto-Lite Co.
8%. Electric Bond & Share
Electric Power and Light...
0:40 General Electric 1.80 General Fooda
43+
Of up Steady
Aug. €
Change 88,11 0.31 off. 33.91 0.31 aft 19.84 0.13 OF
61.03. 1.75 up
106 1081
110
32 up
742
781
77
$ "up
New York Silver(Business done San Francisco
47
47
Ok up Steady
price)
471
47)
Dow Jones Averages.
High-1933/34 Low: Ang. 4.
30. Industriale
110.74
50.18 88.43
56.94
25.43 34.99
80. Utilities
37.72
19.33 20.07
40. Bonds
95.48
73.21 93,18
93.79 0.16:off
11 Commodity Index
60,61
41.98 $28
DIV. $ -
1933/34
LAST SALE
PER. SE.
HIGH Low
Aug. 4.
Aug. 8.
3.00 Air Reduction
119
473
$962
$981
4.00
6.00 Allied Chemical & Dye
American Can American Radiator....... American Smelting............
180
701
124
123
1071
491
931
1931
19
4#
112
111
651
101
34 327
1342
સમ
108
1081
151
741
841
602
154
151
5
Anaconda. Copper Mining “AUSUFE””
224
118 113
19
191
་
Bendix - Aviation
117.
II
937
#k
241 241
37
18
J. I Come
371
97
103)
30+
12
131
2010
7
26
26
1,40
Chass National Bank 1.00 Chrysler Motore 3.40
24 bid
24 bid
401
151
-31
302
74
27+
*27**
642
3
3
51
851 847
1037 321
971
28
100%
17
-17
318
111 11
48
4
31
164
18
181
801
291
291
301
251
19
111 11
211
'72
18
171
971
241
25
464
134
231
244
79
9
9
21*
941
.94
DOR
241
241
461
481
354
82
21€
21
60#
511
334.
331
43
107
23 bid 23 bla
161 151
10+
·418
201
18.
18
191
201
1:583
10
137bid. 14
STE
151
151
3.
21
221
321
121
-321
101
137 13
В
11.
16.
16)
1.00 Standard Brands
37
137
184
181
1.00 Standard Oil Co. of New
Jersey...
291
7
T
60%
221
· 1.00 Texas Corporation Au (0.12) Trans-America, com
1.00 Union Carbide & Carbon 6.00 Union Pacific 2...
104
98
28
கதி
BIZ
191
404 401
183
811
United Air'and Transport:...
982
05
181 *15
151
United Corporation
May 108 109 Saturday's sales:
1091 112 113
34,348,000 bushels
United States Steel-
Westinghouse E. & M.
334 331
198
201 29†
Chicago
Sept. 724 72+ 72 Dec. 751* 751 751 7791701 May - 797. Total sales:-
742-742
811 82 16,312,000 bushels
PORT OF SHANGHAI
Census Of Foreign Entries In May
Shanghai, July 31 According to statistics released" by the Passport Office of the Bureau of Public Safety of the Greater Shanghai Municipality, a total number of 1,214 foreigners including men, women and child- ren entered into the "port of Shanghai during the month of May. Of the total, 713 are men, while 501 are women. he nation- alities of the foreigners concerned total 38, including British, Ameri- can, Russian, Polish, Swiss Swedish, Norwegian Finnish, Hungarian, Spanish Portuguese, Canadian, Austrian, Persian, Egyptian, etc Chekiat Agency.
1.00 General Motors 10 Gillette Safety 1.90 Gold Dust incomes 0.00 International Harvester 9.10 International Nickel
International Tal. & Tel. 4.00 Liggett & Myers “B” 1.00 Loew's Inc. ....................... 200 Ma Intyre Porcupine.
Montgomery Ward
2:00 National Biscuit ...... 100 National City Bankin 1.90 National Dairy Producte National Distillers * N.T. Coatral
-
0.00 Otis Elevator
1.50 Pacific Gas & Electric
Packard Motors
0,50
Pennsylvania Railway
Radio Corpn..”
Sears, Roebuck
0.408ooouy-Vamum Corpn.
Bouthern Pacific
Standard Gary ...
19
Amusemente a
Ch. Etainments...... Constructions, (old)) 31 55
Do.
Lane Crawfords...
Mackinwohnun
Nanyang Tobacco... $4.20
Sinceres ....
Watsons
...............$5.70
Wm. Fowells ..........
9. Enterprissa ...} $1.10
CG.5 1936 G. Bda-se
H.K. Gort, 4% Loans† 67%
Do.
31%
Wallson Harper,
B.K. Wing On
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
The market opened very quiet after the long week end. Kowloon Wharves maintain their interest and are still sought at $113 but in sales reported. There are sellers of Trams, Lands and Cements. China Lights and Dairy Farms were in alight demand.
SALES
China Lights (old), $8.90.
BUYERS
Canton Insurances, $288, Union Insurances, $550.
Underwriters, $ił.
Bagulo Gold, 47 cts. Wharves, $113. Docks, $134.
Providents (old), $1.85. Chinese Estates, $85.. Hongkong Trams. $21.35. Yaumati Ferries, $214. China Lights (old), $8.85. China Lights (new), $8.40. Electrics $714,
Singapore Tractions (Pref), Cements, $2.70. Dairy Farms, $26. Watsons, 35.70. Constructions (old), $1.55. Constructions (new), 75 cts. Govt, Loan (4% 01 Prema Cort. Loan (31%), 2% Prem
SELLERS
Electrics, $72. Telephones (old), $2400,
London Gold: £6.17.10—2]d
London Rubber: 7143/16, Noon.7.7/16, 7}++ Firm. Liverpool Cotton: 6.88 +6 points.
Liverpool Wheat: 6/414-31.
London Silver: 20.13/16+ Spot.20.15/16+j-Forward, London-N.Y. Cross: Noon 5,041+1. 2 p.m. 5.04 7/16, India and Speculator bought, Chia sold market steady.
· COMMODITY PRICES
New York Cotton
New York, Aug. 8.': August 1 August 2
Closing Opening Closing ·
Dec. 47.51 47.75 47.75 47.80 47.85 Jani 47.80 unquoted 48.00 48.00 Mar. 47.80 48.25 48.25 48.40′ 48.40 May 48.3049.00 49.0048.80 48.80
31 lots Total sales:
New York Rubber
Winnipeg Wheat Oct. 201 Dec.
May
91 market closed 954
LATE NIGHT CABLES
The following cables
ceived last night by Messrs. Ameri- Oriental Finance Corporation. can
AO.F.C. New York Cables
London Forecast
Wheat:-Weather conditions"are
bullish..
Rubber; Prices are expected to advance.
AOF.C. New York Cables
BlocksAt the opening volume of business was light, with
On out any stimulating factors, Oct. 13.08 13.07 13.08 13.08 13.08 Sept. 15.10 15.10 16.10 15.42 15.4€£
New York Sugar Dec. 13.18 13:17 13.18 13.20 13.21 | Oct. 2515.22 unquoted 15.56 15.58
the strength of Washington news. Jan. 13.21 13.21 13.31 18:24 13.24, Dec. 15.50 15.45 15.45 15.81 15.85 Sept 1.79 1.78 1.7871.77 1.78
a substantial extension of yester- Mar. 18.35 13.30 13.32 13.37 13.87 Jan 15.61 15.60 15.80515.08 15.98 Dec. 1.84 1.84 184 183 1.83 May 13.37 13.38 13.38 13.43 1343 Mar 15.85 15.85 15.87 16.15 16.18 Mar. 187 186 187 186 187 Stock-Wa anticipate a Arm day's upturn is unlikely July 13.42 13.44 13.44 13.48 13.43 May 18.08 16.08 16.08 16.38 18.30 Total sales: 17,000 tons opening in Wall Street owing to Cotton: The Spot 13.15 13,20 Total sales
~ New York BMK ----
increased Indationary talk, coupled quite a little supply Sept 1.09 1.071 1071 1.081 1.081 with more reasuring trade news in
mostly realizing: Dec. 111 11 11 111 112 Feb 1.121.13) 1.13 Total sales
745 lots
New York Bulver ****
Chicago Wheat Sept 47.30 47:20 47.46 47.40 47.40 Sept 1041 1043 104 1074 108 Oct. 47.25 47.25 47.40 4740 47.50 Dec. 1081 106 106 1101 1101
-Bilver —We believe, that .
4.1930 certaine direction,farok All offerings for rear delive
37 lots
Cotton: Expected higher.
at around 47:50.