Shipping
$40.66 Douglases *********** 41
#1!
17
Steamboats
$30
Ludos (pret)...)
134
Do. et.j
47/6
Shetty |
13
Wort
Mining
!!!!
160 sta
***
I ots.
13 oth
192 eta.i
·3113
*$1.65
$1.65
350eta
Godowns, ała.
H.K. & K. Wharves.
Providents (ok)
Do.
... $1,65
(now)...
214
I.K. & W. Docks
S. China Motors*. A
Do.
"
$125Shanghai Docks S. $112 | $115
4312
1310
New Engineerings.
Hongkows (old) 8.
Do. (new) S. Lands, Hotels, and
Buliding
144
་ ་་
H.K. Hotels ...... $8.85 H.X Lands.....8.
Shanghai Land....8.
Metropolitan Lands,
$5.66 $53
752
***
$10.90
!!!!!
Chinrae Estate......
Cotton MIL
Ewos.
173) S'hat Cottonsfold;S.
13.45
$11
Sterling
$72
Cotton
$43
Do.
(new
Cotton
311
Zoong Sings....
$11
Sept. 15.74 15.74 15.74 15.47 15.4
#53
Wing On Textilos(S.}}
$66
Oct.
Public Utilities
15.88 unquoted
15.61 15.81
Dec.
#21.10
|$21.30.
BIS
Tramways | 121.101
Poak Trams (old)...]
16.17 16.15 16.20
15.90 15.92
**
$14
$7
Du (now)...
$6
10
Star Furries
$99
**
$213
Yaumati Ferrie
...
$8.30
$8.90
China Lights (old).......|
$211 $8 25
Jan 16.22 16.31 16.31 16.01-18.01 Mar. 18.54 16.53 18.56 16.30 18.20 May 16.82 16.81 16.84 16.80 18.6) Total sales:
534 lots
Bik Rubber Rubber
12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sharebrokers
Association
Buyera
Mela Rorical
WEDNESDAY. AUGUST 16. Buyers a
4mins
Banks
#1710 H.K. Batzko
135
£131
Mercantile Bks, “A”
Do.
********* 1,710 Eo. (London) ... E158 Chartered Banks
216
"
***
384
Bank of East Asia.. 384
£14
N. C. & S. Banka...
Am. O. in Corp: 8.
35,50
$4 35
Ch, Fin. Corp. Ord. S.
Do.
Pret: 8.
Insurances
$29
Canton iTM (1008.
$1.30
Underwriter
3300
Logar
#640 | 4635/837
Union Insursucæ <>
$1.25
310
China Fires
3280
H.K. Fires #9643
#International Assoe, 3,
16
£30
8530 $240
$ $30
47/8 131
12
B21
15
93/:
59 ota. Amtamoka ..............
388) | Balatcon s
44 + Baguio Gold 44 ots,
Bangust Consolidated
Do. Exploration
$tu
bota
ats,
Da Goldfield
12 ot.
Big Wadge
34 ota. Gold i vor...
Gold Creek.....
Ipo Mining.........
Itogons.......pa
Kailans
$21
Langkaps (single)
15
Explorations.
271- $184
18
Shanghai Loans S.
35
$13.40 Raubs
38
$7
Venezuela Gold Fids.
$132
Docka, WharyOK,
10.80
$132
40 ct.
ལྡན་བུ་:
HONG KONG DAILY PRESS, THURSDAY, AUGUST 16, 1934.
NEW YORK STOCK AND THE EXCHANGE
COMMODITY QUOTATIONS
1.
AMERICAN ORIENTAL FINANCE CORPORATION AND S. E. LEVY & CO.
New York, Aug. 15. The American Oriental Finance Corporation's report through their New York agenta, Messrs. E. A Pierce & Co., states:~~
1
Stocks: We still belleve that selected, Metal, Packing and stocks are in the buying zone but we would buy on periods of weak- ness only, Business done. 530,000 shares.
New York, Aug. 15. Messra. 8. E. Levy & Company's report, through their New York agents, Mesars. White, Weld & Co., states:-
MESSÉS, ROZA BROŠ, REPORT
American support was continued in the Silver market in London yesterday. The Bazaars `support- ed the market but were also sell- ers. Prices were, up 1/16 for both Ready and Forward at 21) and 21 9/18. Market advices indicate a steady tone.
Sterling opened in New York at 5.09 and closed at 5.09 after. having touched 5.11 during the day.
Market
Steady but dull... Sterling
Stocks: There is no material change and the market still looks likely to make another attempt to go through on the up side shortly
Grain-Fluctuations have been 1/8 with buyers at 1/6 13/32, Was obtainable at the opening Bonds: High-grade issues were
confined with in a moderatë range. subsequently raised to 1/6 7/16. A better due to short covering.
A feature during most of the ses-small business was eventually done Second-grade Issues ruled irregular slon before the close was selling by at 1/6 13/32, closing with sellers Commission Houses with Eastern at 1/61 and possible buyers at 1/8 Cotton.-Large speculative long interests are becoming somewhat connections which found a limited 13/32. September buyers 1/6 7 restless in favour of liquidation on demand Liverpool advices
U.S. Dollars any rallies and they are confining Russian and Canadian crops are
higher Comments regarding the Sellers at 99. later 39 1/18, buy- their purchases to good declines.
Rubber;—It is difficult to make a unfavourable. The Buenos Aires forecast of the market but for your market ruled higher. News is Information, the largest Amerteau generally favourable. There is a users say that statisties fall to jus-beral Winnipeg export business to tify the recent rise in prices and the United Kingdom and to the they decline to buy merely conAn- Cuntinent. Weather reports
are
re-
ing their purchases to weak margarding the corn belt are mixed, kets. The foreign view is that re- The volume of business is smaller striction is now almost Worldwide than recently, Country offerings which justides a further advance of cash corn are small. The mar: and that users here will be forced ket is more two-sided with the 3 inter to pay higher prices. Busin-pearance that traders are inclined
temporarily to sell on bulges.
ess done. 534 lots..
Wheat:- Additional quidation started on the advance and con tinued to the efbse of the market, Holders of corn stocks are showing more confidence due to the deplor able crop conditions. Monday's sales: Wheat 55 044,000 bushels- Corni 30,298,000,
COMMODITY PRICES
35.85
WI
51
$14
H.K. Realties.........
$6.10
$15
Chins Do
$137
Do. DeboutureaS.
Oct.
$10.40 Humphreys
Now Asia Hotel
345
$140 190
Asin Belti
Do.
"A” b, "B".
New York Cotton
New York," Aug. 13. August 13 August 14
Closing Opening Closing
13.48 13.39 13.36 13.33 13.33 $10.40 Dec. 13.62 13.49 13.52 13.47 13.47 Jan. 11.88 13.57 13.57 13.52 13.52 Mar. 13.77 13.70 13.70 13.63 13.83" May 13.84 13.76 13.77 13.09 13.89
July 13.91 13.81-13.81 13.75 13.75 Spot 13.80
New York Rubber
Cotton: The market is small. The Indian cotton crop report 19 bearish. Scattered realizing and hedging was absorbed by moderate trade buying on the scale down. There is no rellet in sight in the South-west. The offtake of cotton goods is slw. »
New York Mid-day Prices
The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and 8. B. Levy & Co.
Commodities-
Aug. 14 Mid. Close day 5.09 - 6.073 13.33 13.33 13,47 13.48 1.16 1.15 15.47 16.47
ers at 39 at which rate a small business was done.
Cosing rates; sellers 39 1/16, buyers 394. »
1281 to 1281.
561.
Yen
Guilders
Shanghal. Dollara 110 3/16, business done near and forward.
". י
Shanghai Market at 1/48 sellers. 114 11/18 buyers The market was quiet, Sterling Dollars 357 sellers, 35 7/16 buyers
CANTON SILK MARKET
The Kwangtung Raw Silk Test- ing Bureau, Department of Recon- struction. Canton. China.
"|
Canton Quotations."
August 13. Extra Q.8. 13/15 H.K. $450N. Small Extra O.S. 13/15 HK.
$365P,
Best No. 1 0.8. 13/16 HK. $320N. Crack N.8. 14/16 HF. 8395N.. Extra Extra 20/22 H.K. $280P. Waste NS. Open H.K. $53JP."
Spot
Yokohams-Quotations,
August 14.
Opening
Bourse six months ...
Investment Securities. and Commodities
We offer you
Daily Quotation Service
and
Every Facility for Trading through our
New York Correspondents-
E. A. PIERCE & CO,
Imerican Oriental Finance Corporation
Asia Life Bldg. 14. Queen's Rd., C.
Federal Inc. U.S.A.
Hong Kong.
Tel. 26631.
NEW YORK STOCK EXCHANGE
THROUGH Reuter's
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
QUOTATIONS
New York: August 14.
Last Today's
High Low Close Close Change 6.11 5.00 5.101 5.091 1) of. Steady. 13.58 13.48 13.62 1347- 0.16 off 18.20 15.88 16.17 16.82 0.26 off 1681 1041 1-61 1848- 31 off -December 201 788 781 788 of off
49
New York/London Cross-rate New York Cotton-December New York Rubber-December Chicago Wheat December Chicago Corn Silver-Official
unchanged
Change
Dow Jones Averages. High-1833/34 Low: Aug. 13. Aug. 14.
Drv. $ PRE. SH.
102
01.12 0.88 off
LAST SALE
196$
30 Industrials
11074
50.18 91.80
20 Rails
58.94
25.43 34.88
34.48 0.28 ok
20 Utilitasa
37.73
19.33 20.58
2023 -0.36 ou
11
40 Bonds
95,48
73.31 91.67
92.20 0.53 Ng
11 Commodity Index
63.25
41.98 63.18
62.56 0.62 of
1933/34
3.00 Air Beduction
8.00 Allied Chemical & Dys
HIQA
11" រំដ
Low
Aug. 13. Aug. 14.
471
$99
70%
127
128
4.00 American Can
1071-
491
971
97+
American Radiator.......
19
*2
13
121
American Smelting.........
55+
39
371
9.00 American Tel. & Tel... 6.00 American Tobacco "B"
1244
112
1101
861
941
751
751
001
1,00 American Waterworks ........
17
17
431
5
Anaconda Copper Mining*/
$24
131
13
5
Auburn
843
197
10
244
-13
-121
Bendix Aviation
*936
6
251
25xd
1.80, Borden Company
37
18
414
401
J. I. Chas
1031
Big
14
137
Yen 490
Canadian Pacifo ...
20
7
-28
271xd
Yen 494
0.50 Caterpillar Co.
33
DI
·241bid 24jbid
1.40 Chase National Bank
15
1
321
321
New York Quotations
1.00 Chrysler Motors....
78
28
271
August 13.
340 Consolidated Gas of N.Y.
841
3
21
BIJ
Ankl
Ourtim Wright
bi
901
881
Chicago Wheat
Chicago Wheat
15.92 15.93 102+ 1002 1047 1001
September
1,13
1.19
1.00 Du Pont de Nemoure
1021
981
98
December
1.16
1.10
8.00 Eastman Kodak
1004
"40
17t
171
Corn
751 74
Corn
783
Do
(how)... $8.30)
$71
H.K. Electrica
****** $71
3714
$20
Macao do.
Sept. 1031
3241
311.20 $13.20
02.56
101
19
$2.70
IN
$4,80
Sandakan Lights.... Telephonea (old).....
Do. China Bases... Tractions ....
Do. (pref.)......
Industrials
Malabon Sugars Caldbeck, Lord.) 8.
Macgregors (pref.).
Canton LeeS
Cements
Ropes
Miscellaneous
325 | Dairy Farros....
Der A Wings.......
78.60
Dec.
$23.88 $14.20
(new)
Chicago Wheat
104) 1041 1021 1021
108 107 1074 105 1042Am, Smelting pecunia. May 110 110 1104 108 108: Anaconda Copper $11.00 Saturday's sales;—
Winn. Wheat
871-
February
New York Quotations are obtaini- 771 ed through Courtesy of American 851 Oriental Corporation.
1.18 1.17
Electric Auto-Lite Co. .........
21
12
112
0% Electric Band & Share ***
48
DZ
41
4
Electric Power and Light...
IB
.. 191
181
0.40 General Electric
301
101
291
291
1.00 General Foods
Stocks
301
307
303
"371
271
13
55,044.000 Auburn
bushels
194 191
12 GERMAN
Baltimore and Ohio...
162
.14
ال
J. I. Case
401
40.
+
Chicago Corn Sept, 751 *761 761 Dec. 787 791 792 May 531 834 837 Total sales:-
Consolidated Cas
211
274
751 751 Dupont
R81
891
781 721 Elec, Bond and Share
117
11
831 83 General Motors
301
293
2.59,9. 37
$1
30,208,000 Inter. Tel. and Tel
bushels
#4
94
SHARE
MARKET
[Special to the "Hong Kong Daily
Prema" (Copyright.)]||
Berlin, Aug. 14.
1.00 General Motors...
1.00 Gillette Balety
190 Gold Dust
(0.00 International Harvestar
0.10 International Nickel'
International Tel & Tel. 4.00 Liggett. & Myers “B” 100 Loew's ILC.
2.00 Me Intyre Porcupine
Montgomery Ward
2.0 National Biscuit
42
10
11
111
t
7+
18
18
471
12
27
28+
45%
13
261
-25%
19
02
91
21A
971
961xd
998
271
261
381
B
491
481
80
23
23
.358
337
33
McIntyre Porcupine... Montgomery Ward......
484
48
23
294
Winnipeg Wheat
8201
| $25.86|
Natl. Distillers
19
191
Even less business on the share market was done on Tuesday than on Monday but while the tendency
80%
100 National City-Bank
„22 bid__22)bid
-
1.20 National Dairy Producte
National Distiller
17+
171
254
19
19
Oct.
Amusements
371
Ch. E'tainments.......
$12
78 ete.
34.30
Lane Crawford................... | 14.1ữ
#21
Mackinwahs
Nanyang Tobacco...
***
1:0
Biaceres
$42 $10
35.70
70 ola
Wm. Powells
"Watsons $5.80
150 ct.
$3
M. Greyhounds.
#1
8. O. Enterpris... 81.25
***
$4 $7.00
Dec.
Constructions, (ald) $1.85
Do.
(W) 75 ots.)
May
Sept.
881 .681 891." 891 901 901 934 941 941
New York Sugar
1.78 1.75 1.75 1.74 1.75 1.83 1.81 1.81 1.81 1.32
874 377 N. Y. Central
214
21
881 22; Socony Vacuum 92) 923
15
16
Standard Oll of N. J. 44
442
United Aircraft
18
15a
U. S. Steel ..... Westinghouse
338
231
was not uniform the price changes only rarely. Fixed interest securi- ties were likewise dull, doubtless both markets being under the in- fluence of the coming plebiscite on Sunday.
-
N. T. Central:
410 "201
211
211
0.60 Otis Elevator
583
14
15
•-14ibid
1.30 Pacific Gas & Electric
-Packard Motors
16
15
15
31
33
0.50 Pennsylvania Railway
221
223
Radio Corpn.
13t
51
25,000 tors
*
brem. perm
92
$130 $116
United Thestras....
85 b.G.5X1825G.3Bd«.] 16į"%,
$71
$108
H.B. Govt. 4% Loane 61%"
Do
31% Wallace Harper....... B.K. Wing Os S'hai
H. K. STOCK “
EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
After the big drop in Lands yes! terday, which in the opinion of most people was quite unjustified. a reaction has set in and there is. now a demand for shares at $62, with no shares offering. The "mar- ket on the whole has been quiet- ly steady, there being enquiries. for Cements, Hotels, Telephones, H. K. Banks and Electrics at quo-" tattori.
SALES
Union Insurances, $535/537. Providenta (old), $1.65.
Hongkong. Lands, 3514/517. Hongkong Trams, $21.00. Electrics, $711. Cements, $2:55,
BUYERS
Ipo Mining, $24. Docks, $14. Providents (old), $1.65. Ewo Cottons,8h. $10.00. Chinese Estates, $85. Hongkong Lands, $51.
Hongkong Tramis. $21.10. China Lights (new), $8.30. Electries, $71. Singapore Tractions (Pref.) 17/-).
*** 8.C. Enterprises, $1
Constructions (new), 78 cts. Goyt. Loan (4%), 7% Prem. Govt Loan (31%), 21% Prem.
SELLERS
Union Insurances, $549. China Light Cold), $8.90. Telephones (old), 324).
Dec. Mar.. 1,86 1.84 1.84 1.84 1.85. Total sales:
New York Sil Sept. 1.134 1.13 1.13) 1.124 1.124 Dec. 1.16 1.10 1.17 3.154 1.16 Feb. 1:17 1.16 1.161.164 1153 Total sales:-
00 lots
COAL STOCKS IN JAPAN
SHIPPING MOVEMENTS
The (Canadian Eacific Steam-
Call Money 4 to 44. Young Loan TOSO J to 902, Reichsbank 1211- changed at 1524, Dyetrusts higher to 148., Salzdetfurth Potash drop- péd 11 to 135), German Steel Trust i weaker, German Mineral Oils ships, Limited,) RMS. Empress of declined to 1133, Siemenshalske Japan arrived at Vancouver on the lower to 142, Hemberg Rayon de- 14th August Dreaday) at. A pm Transocean Kuo Min.
clined to 631.
leaves. Vancouver on the 25th |August (Baturday), is due at Hong Bong on the 14th September (Fri- lay) at am., and leaves Hong Kong for Uanila on the same day at p.m.
Tokyo, Aug. 2, There has been a marked in-
The (Mackinnon, Mackenzie & crease in the stock of coal The Co., Agents, P. & O. Line,) ss. Showa Coal Company may have to Burdwan left Shanghai for this abandon its plan of increasing the Port on the 14th instant at 6 pm, marketing quantity by 1,500 000 or and is due here on the 17th instant 2,000,000 tons.
at about 5 as the ti
At the Board of Directors' meet- Ing on Tuesday, the Collieries' Association (Bekitan Kogyo Rengo- kal) published the June stock re port, According to this report, the total stock at the end of that
month was 1,815,831 tons...
June 80 May 31 At pits, i +530,027 - 58.967 At wharves
851,883 49,102- In market
433,7217,338
1 815,831 115,407,-
This is the highest on record this year and compared with a year
WARSHIPS IN PORT
SHEM
Basin Tamar. North Wall Robin. West Wall-Parthian:
In Dock-Cicala, Wren, Veteran. Taikoo Dock. Osiris.
Buoy No. 3-Proteus.
Buoy No. 13. Baga. Cosmopolitan Dock-Oswald, Foreign-Japanese, Siga.
ago also, represents an increase of of stock is not unusual. Yet the 483,000 tons. Admittedly this is present holdings are considered ex- the slack season, and an increase ceKKİYE,"
"REICHSMARK QUOTA-
TIONS
Special to the "Hong Kong Dally
Press" (Copyright.)]
Berlin, Aug. 14. Reichsmark quotations (without guarantee);—
New York
Paris.
Amsterdan
Paris Sterling”? Dollar Transocean Kuo, Min.
30.6. 592.25
67.65
:.76.28 ..14.93
CONTROL OF TIN
1Special to the Hong Kong Dally Press" (Copyright.)].
LATE NIGHT CABLES
factors, apart from gold shipments having materialized. On the com- modity markets the wheat market is expected to remain unchanged with prices alightly lower. In the cotton market higher prices are The following cables were re-expected on flood damage. com- ceived last night by Messta plaints, but there are some pos- American Oriental Finance Cor-siblities of a strike in the textile poration.
London Forecast
industry. There is not much change in other markets" "Wall Street-is expected to open A.0.F.C, New York Cables steady with business rengining restricted. There are no new
Stocks: Present waning infla tion psychology may cause irregu- lat weakness
brings the restriction down to the Cotton:-Scattered selling meet- level prevailing before April 1 ing good demand. Tone steady. this year.
at London, Auz, 14. The International Tin, Com- It is assumed in London that The latest appointments quota from 50 to 40 per cent of the keep the price level roundabout traity have lust been mittee has decided to reduce the tin the object of the committee is to promotions announced by standard production from October 230 per ton
They are given in our Mall Letter on Page 2
3 to December 31 this year, This Transocean Kuo Min.
hed.
321
124
3.
Sears Roebuck
351
.341
81+
0.40 Booony-Vacuum Corpn.(isponu
124
151
19%
Southern Pacific
174
17
1.00 Standard Branda
194
192
Standard Ga
賺
201
1.00 Standard Oil Co. of, New
Jersey
вод
441 448
1.00, Texas Corporation
311
102
0.19) Trans America ....
24
.57
1.00 Union Carbide & Carbon 600 Union Pacific
517
42
41
133
זר
United Air and Transport...
61) 10)
801 801
189
18
"United Corporation
142
4
4.
United States Steel
BY
Westinghouse E. & M.
341 320
331
32