12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Bajomil
Shareprokers'
Association
*$1.725
*** THU KTHE D
Banks
ba (London). chartered Banks ....
"Mercantile Bks. “A”
MONDAY.
AUGUST 20,
Saltar Bayone
Balas
p
U.K. Banks
$1,720
£1364 El
£16
231
£13
Do.
O'
£30
384
Bank of East Asia.
£15
364
N. 0. & 3. arka
$20
Am. O. Fin. Corp S
$8.50
H
Ch. Fin. Corp. Ord. .
$5
Do
Prof. .
"Insuranons
Canton strap00€....
3290
$1.30
Underwriters
$246
3640
Union Insurance ...
$1.20
96-40
China Fires
3010
3245
H.K. Fires.............
International Asson, S.
$630 3240
в
Shipping
$10.85 Douglases ...........
5411
ST
Steamboats.............
330
Indos (prof.)
17
$30
333
46 104
Skells *****misetas
3131
Waterhosta
Mining
60 ols,
Amtamoks
¡60 ots.
$363
Balatcom
ote Baguio Gold,
$4 Benguat Consolidated
(yola)
Ja otm.
12 ct. Big Wedge
دم
$35 47/8 $134
43 cta. 3413 18 et.
194
13 074.
22 ota
Do. Exploration
Do. Goldfield ...
|24 eta
Geld R.ver...
12
Gold Creek....
Ipo Mining....
Itogona
21/8
Kadsna
27/
817)
Langkats (single) S.
።
Exploration......
$18
Shanghai Loan S
14
13.
$13
$7
#6.80
១ ភាគ
HONG KONG DAILY PRESS, TUESDAY, AUGUST 21, 1934.
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E.
향
New York, Aug. 18. The American Oriental Finance
Corporation's report through their -New York agents, Messra. E⇓ A.
Pierce & Co., states:-
Stocks:-To-day's
market gives no hint or clue as to the direction which trading will take. Senti- ment appears to be quite bearish In some quarters; however, it is still obvious that such sentimens dues not express itself in direct. uction.
LEVY & CO.
Grains: The market fluctuated erratically within moderate 'limits. Commission Houses on both sides and professionals were inclined to sell early in the day but, later, evening up operations appeared to be the principal feature in the strength of the Cash market.
Wheat:-The undertone was de- r eldedly better and sentiment is gradually becoming constructive. Some further selling of Corn on bulges appeared but this was met by better support. Colton:-The
the principal buyer but hedging and realising sales depressed prices about 16 points. The weekly weather forecast Indicates no re- lief in, the drought in the West
Trade WAS
New York, Aug. 18, Messrs. 8. E. Levy & Company's -report, through their New York agents. Messrs. White, Weld & Co..
states:-
Stocks: The market to-day was again Inactive and no recrudes- cence of activity is expected, un- less some new stimulus should ap- pear from "outside sources. ness done: 160,000 shares..
LATE NIGHT
CABLES
The following cables were re- ceived fast night by Messrs. American Oriental Finance Cor- poration.
London Forecast
Little revival of any active in- Serest is anticipated on Wall Street owing to repeated threats of labour dispute and the uncertainty sur- rounding the Administration's policy.
F On the commodity markets higher wheat prices are expected, but it is possible. that the relaxa- tion of tarias will be an unsettling factor. In cotton, higher prices pre due. Bust-highest for the season. The strike The spot basis is the
is a menace to the market In rubber, little lower prices are ex- pected..
Wheat:-Prices are showing bet ter resistance. It is now belleved that low grade wheats are likely to be needed as a substitute for eattle food and it is felt that a growing near. Friday's sales: (un- revival of the upward trend is
available).
A.O.F.C. New York Cables The opening was extremely light. Steer operations are likely to be slightly off this week.
There was moderate, demand in the cotton market while offerings were light. There was no evidence. of liquidation but small Southern
· Market tone was very
S. E. Levy & Co's Cables
Cotton: Uncertainty
regarding selling. the Government processing tax steady. and marketing policies, the in- creasing competition of foreign growths, the threat of a textile strike and the approaching move- ment of the crop are all bearish factors. Bullish factors are: the diminishing of supplies,, agitation for an increased value for the Government cotton loan and the The market "technically has im- revival of inflation fears. Mean- $119 proved and we believe that liquidatime, a purely trading attitude is were furnished by Messrs. 3. F.
tion has about run its course.
...$1.00
3141
145 ots
$1.60
$14
303
150 cts
Raube
Venezueix Gold Fida.
Docks, Wharves, Godowns, sie. H.K, & K. Wharrow.
Providents (uld)
Do. (new)
H.K. & W. Docks
S. China Motors
Do. Shanghai Docks S. New Engineeringed. Hongkews (old) 8.
Do. (new) y,
Lands, Hotels, and
Buildings
H.K. Hotels
.......$5.40
H.K Landa..........
30
$117
#312 $310
Do.
$140 Asis Realtion “A”8.
Chinae Estated.............. Cotton Mills
12
$110
COMMODITY PRICES
New York Cotton
13.15
$5.40
353
1531
TH
325
Shanghai Lands.....8.
$14
Metropolitan Lands,.
350
H.K. Realties..
$5.10
6159
China Do......
$137
Do. Debentures3.
$10.40 Humphreys ................
New Asia Hotel
New York, Aug. 18. August 17 August 18
Closing Opening Closing Oct. 13.24 13.24 13.25 13.06 13.0/) Dec. 13.39 13.39 13.39 13.21 13.22 Tan: 13.42 13.41 13.41. 13.26 13.29-1 Mar. 13.53 13.54 13.52 13.40 13.41 May 13.61 13.59 13.58 13.47 13.47 $10.40 July
13.65 13.63 13.63 13.50 13.50 Spot 13.30
$20
"B" 8.
New York Rubber
185
$10.90
Ewod
$73+
$13
Shai Cottousfold)S.
Da
(new)S.
$721
Sept. 15,58 Oct 15.71 Dec. 18.00
Jan. 18.13
8114
Mar. 10.40
150
Wing On Textiles(S.)
$56
Public Utilities
+10
May 16.67
21.10
$21.20
Tramways.........$21.15
$16
Poak Trams (old)...
$14
37
Do (10)...
*6
$10
Star Ferrice $301
$217
Yaumati Ferries...
1212
38.90
3830
#
Do.
(new)... 38.30
$714
HK. Electrica
+3712
$713
$20
Macao do.
sebara
124
$1.20
!!!!
8114 | Zoung Sings
China Lighte (old)... $8 78
18
Bandakan Lights ....
$24.20 Telephones (old) 311,80 Do. (new)... $13.20 China Buses....... Tractions, *******
Do. (prof.)......
Industrials
Malabon Sagara
Caldback, Hoed.).
$19) Macgregors f(pref.)8.
Canton Ives
Comenta
5/
$11
$21
82.70
12.55
$4.00
Bopes
Bilscellaneous
$25.60
Dairy Farms
$1
Der A Wings.co
Amusasente
$71
Ch. Etainment......
$1.80
78 ot"
Do.
(new) 7.ets.
$4.30
$21
310 $5.80
Market closed
Chicago Wheat
Sept. 1014 102 102 103 1094 Dec., 1031 103 103 104 1044 May 1051 1051 105+ 106 1061 Friday's sales: Unavailable
Sept. Dec. 761
Chiengo Corn 731 734 734 744 74% .76 76 76 761 $11.90 May 791 791 791 791 707
Total sales:-
Unavailable Winnipeg (Wheat Oct. 85. " 851 847 85 851 Decal 35% 861 861 861 861 May 397 904 892 89% 90' New York Sagar
suggested.
The following cabled reports
Levy Co. last night.
American Weather Report
It is hotter in the Westhaif Cotton Belt, Oklahoma City being
THE EXCHANGE 106 degrees, but the weather looks
MESSRS, ROZA BROS. REPORT
like breaking because all Corn Belts, including the adjacent South-West, are much cooler with winds which will probably bring rain.
The Northern and Eastern Spring Belts are experiencing the coolest weather.
Silver prices on
Saturday last were 1/18 and 1/8 up for Ready and Forward respectively, the quo-
Favourables: It is opined that tations for both deliveries being the technical position favours & 218. Purchases were made for ac-resumption of advance: According count of India and America and China operated on both sides of the market. The closing tone was steady.
Sterling opened in New York at 5.09% and closed at 5.094.
Market
Easy indications early in the morning but somewhat steadier later.
On
to some brokerage quarters there is a distinct undercurrent of In- vestment demand, reflecting the belief that much adverse news has been discounted as well as pressure
Idle funds seeking employment.
Unfavourables: Further declined, Industrial activity is expected to sweep. Steel activity in Youngs- town la estimated at twenty-two per cent, of capacity. Demand. is Was quoted sellers 1/8 9/32. slack but an improvement is ex- buyers 1/8 11/32, leading to buspected after Labour Day. ness at 1/8 5/18, 1/6 11/32 Septem- ber and for Cash, 1/61 October and for September and 1/6t for The market is dull, undertone. cash. At 1 p.m. the market was steady.Fractional gains pre- 1/6 sellers with buyers at 1/6 dominate, but sentiment is mixed 13/32.
with indications that the market will continue to drift aimlessly awaiting an incentive.
Sterling
*
U.S. Dollars Were dealt in at 38 15/16 for September and for Cash and at 39 for the second half of September. The publication of steel estimat closing with likely sellers at 38ing and mill activity last week at 15/16 August and cash, buyers at 21.5 per cent. of capacity saya 39,
$21
Mar.
$25.86
323
"Sept. £4.40 Dec. 1.79 1.84
New York Silk
."
1.73
Market closed
Yen
$31
Sept. 1.11
1281.
7.80
1.141
Market closed
Guilders
561 to 561.
IAL
Constructions, (ald) 31 75
Lane Crawfords...... 34.10.
Mackintosh TERIGAT
Nanyang Tobacco...$4 Bincares
70 ote, Wm. Powells....
$2
5. C. Enterprises,
United Thestra...B.
88%, Ch.0.5,1825G,7Bdu. 561.
11.K. Govt, 4% Loans
Wations
M. Greyhounds
prem. porm,
***
#7/
Do, 31% Wallace Harper
$108
H.K, Wing On S'ha De
H.K. SHAREBROKERS' ASSOCIATION
BUYERS
Banks, $1725.
Bank of East Asia, $84. Underwriters, $1.20. Douglases, $941).
Hotels, $5.40. Ewas $11.
Providents (old), $1.60,
Docks, $144.
Trams $21.15.
Ferries, $994.
Lights (old), $8.70.
Tights (old), 18.30,
Flectrics, $218.
Telephones (old), $24.
Cementas, $21.
Constructions (old), $1.85.
Constructions (new), 75 cta.
Lane, Crawfords. $4.10.
Watsons; $580,
Gold # Bonds, 88%. Govt, Loan 81%, 20%. 80. Enterprise, $1.25.
+
$10
$5.80
140
185 at.
4
81.25
**
31%
$120 $115
TRAIN COLLISION :
TRAGEDY
[Special to the "Hong Kong Dally Press" (Copyright.)】
Paris, Aug. 20. Eight persons were killed in a terrible rall crossing disaster when a motor car with eight passengers and a motor cycle with two per- 5008 crashed at the railway cross- Ing near Lyon and at the same. time a passenger train dashed full speed into all eight men killing the instantaneously,- Praneoccan Kuo Stin. ·
SELLERS Underwriters. 31.30. HK. Fires, $250
SALES
New Asia Hotels, $53. Govt, Loan 31%. $31.
Dec. Feb. 1.144
H. K. STOCK EXCHANGE
WEEKLY REPORT
Shanghai Dollars "Business was done at 110 15/16. 111, 110 15/16, 110 and 110 13/16, closing" with sellers at the last rate.
Was
Shanghai Market Sterling at, 1/4 7/16 sellers, 1/4) buyers and Dollars at 34 15/18- sellers 35 buyers; the "tona alightly easter later at 342 and 34 The market was again on the 15/16 but a late wire gave the quiet side, a few sales having takmarket again on the steady ride, en place of Lands at $53 and China Sterling at 1/4 and Dollars at 35. Lights (old) at $8.80. Banks and.
IN THE AFTERNOON Unions continue in good demand with no shares offering, the form- er at $1735 and the latter at $540. Govt, Loan (4% and 31%) are, en- quired for at quotations, but there
are none to be had.
SALES Hongkong Lands, $53, Hongkong Trams, $21.20, Dairy Farms, $25.80. Constructions (new), 78 'ets.
BUYERS Hongkong Banks, $1725. Raubs, $13.10. Docks, $141. Providents (old), $1.60. Fern Cottons, Bh $10.00. Hotels, $5.49.
Chinese Estates," $85. Hongkong Trams, $21.10. China Lights (new), $8.30. Singapore Tractions (Pref.) 17/4 B.C. Enterprises, $1.20, Constructions (new), 78-cta. Govt. Loan (4%), 74%-Frem Goyt. Loan (3%), 21% Prem.
Sterling
The tone in the afternoon session opened with some strength in sympathy with
Shanghai, and Sterling was reported to have been done as high as 1/8 7/16 for Sep- tember. Subsequently business was. done for that month a 1/8 13/32, the market closing with buyers at that rate for August-September and sellers at 1/68.
US. Dollars-
Dollars were also done early in the session at 30 1/18 for Bep tember delivery but later only 39 was obtainable at:which rate busf... ness was done. The tone closed with sellers at 38 15/16, buyers for August/September at 39.
Shanghat Dolbars Bellers of Sterling at 1/1, buyers 1/4 9/16. Dollars sellers at 34 15/16, buyers at 35 Bubsequently: 33 1/16 and 351 sellers and buyers respectively.
alackness of buying is widespread. Labour difficulties and uncertain- ties regarding Government policies are exerting a pronounced de- pressing influence.
London Sliver Spot: 21 unchanged. Forward: 21 9/18 down 1/18. America, India and speculators Bought; China sold; market stendy,
•
[
Opening Rates NY. Cotton: Oct. 13,12, Dec. 13.28. N.Y. Rubber: Sept. 15.50, Dec. 15.91/92.
105/1051
Chicago Wheat: Sept. 104 Dec.
Chicago Corni: Sept. 741/744, Dec. 781/77.-
Winnipeg Wheat: Oct. 852. NY. 8: Dec, 112.
New York Mid-day Prices Am. Smelting: 368. "Anaconda Copper: 121.
Auburn: unquoted, ̈*: Baltimore and Ohio: 154. J. I. Case: unquoted. Consolidated Gas: 27 Dupont: 891.
Elec. Bond and Share: 118. General Motors: 271. Triter. Tel and "Telu McIntyre Porcupine: 471. Montgomery Ward: 221. Nati, Distillers: 181 NY. Central: 207. Socony Vacuum: 143 Standard Oil of N.J.: 444 United Aircraft: "148, 0.8. Steel: 33 Westinghouse: 314.
Investment Securities
"
and Commodities
American
Asia Life Bldg.
We offer you
Daily Quotation Service
and
Every Facility for
Trading through our New York Correspondents - É, A. PIERCE & CO..
Oriental Finance Corporation
14, Queen's Rd., C.
Federal Inc. U.S.A.
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
Members
NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE
CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK
?, ICE HOUSE STREET, HONG KONG
Tel. 30101 and 30108
NEW
Tel. Address: Seloo
YORK STOCK EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO..
New York: August 18.
QUOTATIONS
Last Today's High Low Close Close Change New York/London Cross-rata 5.09 5.09 5.10 5.09 0.01 off steady New York Cotton-December 13.39 13.21 13.30 13.23 0.16 of New York Rubber-December Market closed 16,00 Chicago Wheat" -December 10 103 103 104)
-December 77 701 701 TO
492 497 unchanged
Dow Jones Averages High-1933/34
Chicago Corn
Silver-Official
30 Industriala
110.74
20 Baile
!
56.94
20 Utilities
37.73
11
40 Bonds
05.48
II. Commodity Index
£5.25
DIV. $
PIL. Bu
3.00
Air Reduction
8.00 Allied Chemical & Dye 4.00 American "Can....
American Radiator..................................... American Smelting........
Bendix Aviation
1.80 Borden Company
J..1 Case
Canadian Pacific Caterpillar Co.
3.00 Eastman Kodak
Low: Aug. 17.
50.16 91.12
25.43 34.84 19.33 20.30 41 73.31 .93.04
of up
Change
80.88 0.26 off
Aug. 18.
34.38 0.28. OF
20.18 0.07 off
93.12 0.08 up
41.08 $2.01
1933/34
LAST SALE
HIGH Low
Aug. 17. Aug. 18,
119
47
$99
$981
150
10
128
125bid
1072
401
98
951
19
4#
137
131
65
-101
37
361
2.00 American Tel & Tel.' 5.00 American Tobacco "B" 1.00 American Waterworks
1343
661
1104 1101
841
757
752
431
161 18
Anaconda Copper Mining Auburn
21
121
121
841
244
20
197
232
121
12
378
18
252
201
1001. 30+
39+ 381
201
137
133
0.50
27
27
MK
1. Chase National Bank
157
25
247bid
1.00 Chrysler Motors
347-
321
3.40 Consolidated Gas of. N.Y.
641
281
281
-
Curtiss Wright....
..
27
2.00 Du Pont de Nemours
1031
881
881
1001
98
97*
311
181
18
10
11
10
48
15
41
4
3
181
181
301
101
292
29
291
291
29
42
10.
11
11
72
171
174
871
281
263
254
251
29
211
101
061
96+
27
264
80
47+ 471
.35€
224
**223
311
324
32ybia
18
23
227
25
10
17
164
428
20%
188
181
50
.14
207
201
25
14ibid 141bid.
15
151bid
31
-227
22
54
0.40 Bocony-Vacuum Corpn.
347
348
19%
147
147
1820-181
Electric Auto-Lite Co.
8% Electric Bond & Share
Electric Power and Light... 0.40 General Electric 1.60 General Fooda
∙1.00 General Motors 1.00 Gillette Balety #1.90 Gold Dust.............
0.00 International Harvester 0.10 International Nickol
International Tel: de Tel. 4.00 Liggett & Hyara “B” 1.00 Loew's Inc. 2.00 Me Intyre Porcupine
Montgomery Ward
20 National Biscuit ........ 1.00 National City Brak.... 1.20 National Dairy Products
National Distillers
مست
N. I. Central
0.80. Otis Elevator
1,50 Pacife Gea & Electrio
Packard Motors
0,50 Pennsylvania Railway,
Radio Corpn.
Sears Boebuck
Southern Pacific
1.00 Standard Brands
Standard Gus 15H
402
1.00 Standard Oil Co. of New
101
1.00 Texse Corporation.
0.12) Trans-America 1.00 Union Carbide & 8:00 Union Pacifie
United Air and Tra United Corporatio United States Steel Westinghouse E&D