Sharebrokers" Association
Hayere
Jetlere
Jalos
mina
DAILY SHARE QUOTATIONS
Hong Kong Stock
Bugars
Exchange
Hale
THURSDAY. AUGUST 23.
Banka
H.K. Banks
Ea (London) wa
Chartered Banka ...|
$1,795
Nominal
זין
Ch. Fin Corp. Ord. S.
$1,735
£18
2151
HONG KONG DAILY PRESS, FRIDAY, AUGUST 24, 1934.
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL "FINANCE CORPORATION AND S. E. LEVY & CO;
ti
New York, Aug. 22. It is again rumoured that an in- The American Oriental Finance minent rise in the price of gold is 2301 Corporation's report through their to be coupled with the announce
New York agents, Messrs. E. Aįment of the permanent stabilisa- Pierce & Co. states:—
tion of the Dollar at the 50-cent level... Naturally, any such move would be bullish and the action of Government bonds indicates the necessity for some reassurance as to the future monetary polley,
***
£135
£16)
231
Mercantile Bka, "A"
£13
Bo.
"C
Bank of East ASÍK...
384
184
N. U. & 8. Barkı Am. 0. Fiu. Corp: 8.
$6.80
น
35
Do. Pref. 3. Ingara.noon
3980
Canton Insuran000 .....
$1.00
Underwriters
$250
Union Insurances...
31.20
$1.80
3645
$810
China Fires
H.K. Fires.
$540 $550
3345
International A3800, 5.
$250
Shipping
$40.63 Douglass ...........
$414
IT
Steamboats bmenu
730
Indos (pret.)
$33
Do. (def.)
18/3
Shells
$13
Waterboata
Mining
Go et
$381
Balateos
446
Baguio Gold
$7 430 $35 47/6
$131
Stocks From the technical standpoint the action of the 'market was bullish
Both Rall and Industrial issues went through the accepted resistance points. We would say, therefore, that from the trading standpoint small reactions should be used to purchase stocks. | Wheat: The market met with fair support on dips. The lack of buying interest rather than sell ing pressure gave the market an irregular appearance.
new financing is to be success- ful Business done: " 1,300,000 shares.
LATE NIGHT CABLES
..
The following cables were re- cetved Iast
Messrs. night by American Oriental Finance for- poration.
London Forecast
Stock: Although Wall Street is general anticipated to open steady, the recent strength is not likely to continue unless factors of a
more substantial character are forthcoming to stimulate fresh in terest.
Wheat: The market looks tired with hedging increasing.
Cotton: Higher prices are due. hedging is tight,
Rubber: Not much change is expected.
A.O.F.C. New York Cables Stock: The opening was even and active but trendless.
Cotton: Small hedging sales arid
are being scattered liquidation absorbed principally by trade in terest.
Other Market: The tone is fairly
Bonds:-High-grades are off and continue to be influenced by easter Government issues We look for a lower market. Second-grades are strong and we look for higher Cotton:-Rains in Oklahoma prices in this section.
Wheat:-There and showers in Texas, together.
was considerable with disappointment that -the profit-taking at Chicago, which steady.. government has named 12 cents as was principally due to increasing the loan price caused general sèll-hedge pressure from Winnipeg.
Both local and Liverpool For the time being, we would con
WES hedging
rather light. The fine purchases to any breaks. 13 ota. 24 ots, principal demand was from the Tuesday's sales 26.468,000 bushels.
Trade.
፧
$1 cts.
18 ots.
Ing.
Amtamoka ........................159 oka.)
$40 Bengast Consolidated
Do. Exploration
12 ot. Big Wedge.
24 ota Gold Bever
19 uts
20 ate.!
Do Goldfield
+T+
12
Gold Creek....
Ipo Mining........
Itogons
21/10
Kallana..........
$77,
Langkata (single) ș.
"977-
$184
15
Explorations.......
*18)
Shanghai Loan
16
$13.10
$7
Venezaels Gold Fide.
Docks, WharTOR,
$13+ $0.80
Godowna, eta.
31.60
113
$50. cts
ELK. & K. Wharree.
Providents (old)...$1.60
Do. (new)
$14.60 H.R. & W. Docks....
$117
S. China Motors 'A'
Do.
ngo
Shanghai Docks S.
New Engineerings, Hongkews (old) 8.
Do. (new) B.
Buildings
3112
145 oth
214) $2.
$116
$52
Rubber: The market was higher on the strength of London prices remaining firm. The consensus of opinion is still that higher prices. are likely in the near future.
New York, Aug, 22. Messrs. 8. E. Levy & Company's report, through their New York agenta Messrs. White, Weld & Co.. states:-
Stocks: Buying was of a good character and on a broader scale
Corn:-Prices are reâecting the low volume of supplies and are likely to display strength Inde- pendently of wheat.
Cotton:-Rains in Oklahoma and larger New Orleans and hedge offerings were depressing factors. but the 12 cents Loan Plan' is dis- couraging short-selling.
Rabber:-The strength of the London market was impressive and buying was of a good character Business done 442 lots.-
NEW YORK MID-DAY PRICES
The following mid-day prices were received yesterday kom New York by Messrs. American Oriental Finance Corporation and B. E. Lary A CƠ
Sterling
COMMODITIES
Aug, 22
Aug. 23 Close Open 10.30 11.00 11.30
5.091 5.00 5.081 5.087 5.087 13.18 13.12 · 13.18 13.17 13.19 13.32 13.31 13.33 13.32 13.34
1.14
35
$319
$310
Lands, Hotels, and
·H.K. Hotels'
$5.60
36.45
100
363
H.K Lands.......... $69
3261
Shanghai Lands...8.
$14
Metropolitan Lands..
30.20
H.K, Kealties.
$5
$15
China Do ****... İ.
$137
Do. Debentures $.
$10.40 Humphreys
$10.40
New Asia Hotel
$45
$140
$20
Asia Realties "A".
Do.
"B" S
$86
S. 311.10
Mid-day-
5.09 13.22
13.35
+55
$721
#11 288
Rubber: December .....
1.1840 1.13) - 1.1340 1.1345 || 15.75 15.70 16:71 15.75 15.75 16.2 16.18 16.19 18.20, 18.21
15.77 16:23
Chicago Wheat: Sept.
1.044
1.03 1.031 1.04
1.043
221.15
315
Tramwayaca Post Teams (old)...]
$21.15
$21.20
Chicago Wheat: Dec.
1.051
1.05
1.044 1.051
1.054
314
$$7
Do.
(new)...
$0
Corn: September
761:
761 781
761 784
Corn: December
72+
78 781
781
Yaumati Ferrie
$911
Winn. Wheat: Oct.
841
F
STOCKS
38)
173+
Chinta Estates...... Cotton Mus
$11.10 Ewos
S'ha Cottonifold,S.
Do.
(new)s 811 Zooug Rings....S. Wing On Textiles(S.) Public Utiliting
$43
$102 Star Ferries $99).
China Lighta (old)... $8 70 $8.85
Do. (new)... $8.30
Mesa da Sandakan Lights...
384.80, Telephones (old)
$11.50) Do.
$13.20 China Buses.......
Tractions |
-Do. (pref.)
Industrial.
110
(new)
Cotton: October
Cotton: December ......
Silk
Rubber: September
781 842 842 854
13
38
39 387
381
13.. 127 127 13 13 -13
233 231 233 237
ទគឺឆដ្ឋធគឺទី គឺខ្នង ឌី ភី ភី ន គឺ ឧ ហ្គីនី៖ ·
$8.00
$8.30
$711
H.K. Electrica, ................)
$71 $72,
310
Am. Smelting
Anaconda Copper
$94.20 $11.90
Auburn
23+ 231
Baltimore and Ohio
17 "177
17 17} 17
171
J. I. Case
43
43]
421
424
43
423
Consolidated Gas
29%
281
28
28
287 281
Dupont
017 011 92 (702)
021 921
$11
Malabon Sugars
Elec. Bond and Share
11# 113 114 11
1118 1118
121
Caldboek, oni.)
$20
Mucgregors (pref.)S.
General Motors
311
31
31. 31 .314
302
$2.70
Canton, Ices
Inter. Tel. and Tel. ......
10
101 101 101
10
101
$256
Cements
$2,
McIntyre Porcupine
482
*480 481
48
24.35
44.15
Montgomery Ward ...
25
251 247 247
251
247
Natl. Distillers
191
102 101 19 201
201
25/80/,70
$25.85
#1
Der A Wing....
N. Y. Central
23
231
23 221 23
121
Sal
Socon vienun
154
154
15+ 151
151
151
$71
Ch. E'tainment......]
$7.80
Standard Oil of N. J.
4.5
.45
45
45
45
45
$1.-0
United Aircraft
147
141
151 15
15
Do.. (new) 79 cts.
ม
34.15
“Lane Crawford................. $4.10
`U. 8, Steel
35
35
341
35
351 35
121
Mackintonia
Westinghouse ....
331
334
Nanyang Tobacco... $4
Dow Jones Ind. Aver.......
94.32
33+ 94.33
332
341
931
$10
$8.50
100 ot.
-21%
Hupevn
MiscellanoonE
Dairy Farroa
Amusements ......
Constructions, (old)] 31 65
sinceres).
Watsons
*****$5,80
70 ots. Wm, Powella ******
$2
M. Greyhounds
1.30.0. Euterprises... $1.30
United Thestras... 8,
887, U.G. 1825G.Bds. 56%
H.E. Gort, 4% Loans
отете 75
perm.
$72
3110
Do. 31%
Wallace Harper renunt
Do.
ཧོཿ།
851 861 84 841 871 87 851.85% 90 491907891 804
New York Sugar,,
COMMODITY PRICES
Winnipeg Wheat
Oct.
v
851
New York Cotton
31%
August 21"/
$120 $115
New York, Aug. 22.
August 22 Closing Opening Closing
Dec. May
86%
Oct. 13.40 19.33 13,32 13.15 13.16 Dec. 13.54 13.45 13.42 13.31-13.32- Jan. Mar. 13.74 13.64 13.61 13.49 13.49
THE CULT OF CONFUCIUS.
May
July
BLK, Wing On
H.K. SHAREBROKER'S ASSOCIATION
BUYERS
Bank of East Asia, $84: Underwriters, $1.20. Douglases, $411.
Bagulo Gold, 41 cts.
Hotels, $5.50. Lands, $52
Ewos, $1110.
Providents (old), $1.60. Ferries, $90.
Lights (new), $8.30, Electrics, $71#
Cements, $2.45,
Constructions,' (old), $1.65."'
Constructions (new), 75 cis.
Lane, Crawfords, $4.10,
Wations, $5.80.0
Gold $ Bondis," 55% 8.C. Enterprise $130
'SELLERS Canton Insurance $200, Wharves, HE
1.66 167 Sept. 1,73 1.71 1.71 Dec. 1.80 1.78 1.78 1.75 1,75 Mer. 1.86 184 1.85 1.82 1.82 13.60 13.47 13.48 13.37 13.37 Total sales:- #38,000, tons
New York Bilk 13.80 13.70 13.08 13.55 13.58 13.89 13.75.13.74 13.63 13.83 | Sept. 1.104 110 1.10 1.111:19
13,30 Dec. Spot 13.55
113 1131.18 „1.14. -1.14- Feb.1.141.141.15 1.16 1.16 Total sales:-
160 lots
Canton. 15. The Kwantung,
New York Eubber its at Provincial Government,, meeting to-day, decided to appro- Sept. 15.58 15.88 15.70 15.75 15.75 priate a sum of $20,000 from the Oct, 15.73 15.80 15.80 15.91 15.91 Educational Fund for the province Dec, 16.00 16.20 16.22 16:22 16.21
to repair and renovate the Con- Jan, 18.18 18.31 18.31 16.33 16.23 fucian Temple at Canton and to Mar. 18.48 18.60 18.81 16.83 18.65 purchase the ancient musical;in May 16.68 16.88 16.88 16.90 15.81 struments for the Temple. *The Total sales
442 lots decision is interpreted as a move
Chicago. Whest
on the part of the authorities.to revive the cult of Confucius in Sept. 10471641 104 104 1044 100 100 105 1054 the province. (Cheklat Agency); Dec. 100
May 107 108 108 1071 107),
28,468,000 Tuesday's sales:
bushels
Lights (old), $8.80. Entertainments, $7,80,. Gove Loan $1% $31%
SALES Underwriters, 1.20. Antamoks, 59 cts. Lands $521
Chicago Dora
Dec
781 May
-8E Total sales
transmitting at least 300,000 light points a second.
45
'S. E. Levy & Co.'s.. Cables
The following cabled reports were furnished by Messrs. S. F. Levy & Co. last night.
Levy's Special Wire Favourables: Reports are pre- yalent of impending important and favourable developments in Washington; good buying by for- eign operators are reported, but the opinion is held that the rally is partly due to the oversold con- dition of the market and also owing to mild revival of inflation- ary psychology.
Unfavourables: Leading staple prices have declined and the mar- kets are easy.
The market is narrowly irregular as the recent advance has attract- ed some pront-taking. However, with sentiment cheerful little more than temporary setbacks are at present anticipated.
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
Night Quotations
of New York Stocks and Commodities
Our offices are
open from 10p.m.
until midnight, every night except Sundays and New York holidays.
The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices ut approximately 10-1ainate intervals.
Thus, our clients have, on the same evening, quotations for~ the morning session of the New York Stock Exchange.
i
Advices of excontions" on orders placed during the night *.sessions are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
Federal Inc. U.S.4.
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
7, ICE HOUSE STREET, HONG KONG
Tel. 30101 and 30103
Tel. Address: Beloo
NEW YORK STOCK EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO. QUOTATIONS
New York: August 22.
New York/London Cross-rate New York Cotton-December New York Rubber-December Chicago Wheat
Silver-Officia]
December
Last
Today's
High Low Close Close Change 5.00 5.09 5.091 0.0011 up barely. 13.46 13.30 13.54 12.3.23 off steady 16.28 16.10 16.06 15.24 18 up 1061 105 108 105 off
70 -December
78.
78 781
401
491
Dow Jones Averages. High 1933/34 Low: Aug. 21.
Apart 'trm enquiries for Trams. Lands, Electrics and Telephones) the market continues dull with 8.00 Air Beduction very little doing. Trams were done at $214. Telephones up to $24.20, Londs at $53, with further buyers at these rates."
SALES
Raubs, $13.10. Hongkong Lands, $53, Hongkong Trams, $21,15, Telephones (old), $24. Dairy Farms, $25.60/25.70. Lane, Crawfords, $4.15.
BUYERS
Hongkong Banks, $1725. Bank of East Asia, $84. Union Insurances, $545. Venz. Goldflelds. $7. Providents (old), $1.60. Ewo Cottons, 8h. $11. Hotels, $5.45.
Hongkong Lands, $523. Chinese Estates, $85. Hongkong Trams. $21.10. Yaumati Ferries, $211. China Lights (new), $8.30. Electrics, $714.
Telephones (old) $24.15, Bingapore Tractions (Pref.) 17/- Cements, $2.45,
Wing On (Hongkong), $110, Constructions (new), 78 cts. Govt. Losn (31%. Prem.
TELEVISION BY MICRO WAVES
Sending Pictures Across World
London, Aug. 9. Micro waves can do it, and
Within a week of navigating hin Senator Marcónt hopes to over yacht Elettra by wireless, Senator come certain technical dimeulties Marconi has made marked pro- connected with the application to gress with the application of micro television in a very short time. waves to television. He is working Television has now reached a in conjunction with the experts stage when the bbject to be trans at the British laboratory mitted is projected by means of Chelmsford. photographie lens on to a screen. divided into thousands of minute
A member of his staff said to-
Sept. 751_761_761___ 769 764 squares," said a member of his day that the problem is to ge: wayes of suficient radius to send 781781
781 781 staff. The squares sent through
15,209,000
81814 81801 to the receiving station, are cola picture from one side of the
lected on another screen In the order of their transmission.
bushels
world"" to another. This means
(Continued on Previous Column)"
Bendix Aviation L60 Borden Company J. 1. Casement Canadian Pacific
0.50 Caterpillar Do
409.
1031
anohanged unchanged
Change
Aug. 92.
04.39 1.75 up 37.94 1.56 mp.
21.04.66.up -- 93.15
69.32
.09 ou .39 of
LAST BALE Aug. 31. Aug: 92,
Chicago Corn
30 Industriala
110.74
50.16 02.57
20 Rails
56.94
25.43 35.88
20 Utilities
37.73
19.33 20.48/
40 Bonds
90.48
73.31
93.17
11 Coramodity Index
65:45
41.98 82.79
Drv. 8
IB33/84
PR. SB.・・
HIGE LO
112
471
$971
8.00 Allied Chemical & Dre 4.00 American Can
180
700
129
1071
491
987
American Radiator...... American Smelting.....
19
:14
101
381
9.00 American Tel. & Tel. 5.00 American Tobacco "B" "1.00 American Waterworks
1341
86
1121
04
001
76
187
5
ww
Anaconda "Copper Mining Auburn
224
127
842
22
241
13
$31
BL
37
18
261- 41
-76
30147
28
33
5
25 bid 251bid.
1.40 Chass National Bank
401
15
344
1.00 Chrysler Motors
gig
287
3.40 Consolidated Gas of N.Y,
641
311
21
Curtis Wright
52
901
2,00. Da Pont de Nemours
1037
321
981
3.00 Eastman Kodak
1001
46
204
Electrio Auto-Lito Co. fugie
318
8% & Electric Bond & Share ..... Electric Power and Light...
48
41
15
19
0.40 General Electric
301
10
30.
1.00 General Foods
391
301
43
11.
17
1271
21
257
404
29
101-101
211
971
·994
28
221
234
33
234bid 234bla
161
204
194
415.
20%
221
14
141,
25+
16
31 231
127
361
61
12
:
201
11.
193
378
134
1.00 General Motors. 100 Gillette Safety 1.20 Gold Dust
0.60 International Harvester
0.10 International Nickel.
International Tel. Tel. 4.00 Liggett & Myers "B" 1.00 Loew's Iuc... 2.00 Me Intyre Porcupine menny
Montgomery Ward
2.00 National Biscuit... 1,00 National City Bank 1.20 National Dairy Products
National Distillers, 20 N. Y. Central ............... 0,60 Otis Elevator summum 1.00 Pacific Gas & Electric
Packard Motors
0,55 - Pennsylvania Railway Cyber
Radio Corpn. L
Sears Roebuck
0.40 Socony-Vacuum Corpn.
Southern Pacific 1.00 Standard Brands
Standard Gae......
Jersey 1.00 Standard Oil Co. of New
1.00 Texaï Corporation
0.12) Trans-America
100 Union Carbide & son Union Pacifo
United Airland
United Corporatio United States Steel
Westinghouse
191
15151
232
=101
BA
42TM
781
141 142
341350