12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers' Association
Bayırı
Səlbinə: Kalwa
Nouelwal
TUESDAY. AUGUST 28.
Banks
*balimen
Buyers
HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 29, 1934.
NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION AND S. E. LEVY & CO.
New York, Aug. 27, The American Oriental Finance Corporation's report through their New York agents, Mesars. E A. Pierce & Co. states:-
New York, Aug. 27, Mesaray S. E. Levy & Company's report, through their New York agents, Messrs. Whlie, Weld & Co.. states:-
A feeling of uncertainty con- tinue, but there has been nothing definite to go upon and we feel that a conservative attitude is justified. Business done 530.000
shares.
MARKET
MESSRS, ROZA BROS. REPORT
America was apparently not in the Silver market yesterday, but the market. was supported by speculative interests China sold. The market closed steady. Prices were: 1/18 up at 21 0/16 for both deliveries.
and
Sterling opened at 5.00 also closed at that rate.
Market Steady to strong at the opening but the robustness was not fully. maintained later.
Stocks:-We think further tem- porary" hesitation is possible.
Wheat:-There was heavy and $287 considerable selling by tired hold- ers. The tone of the cotton and the corn markets was a contribut
Sterling Bonds: High-grades are easier. ing factor.
but second-grades and Govern-17/32 with buyers at 1/6 19/32. Sellers at the opening at 1/8 Cotion:-Hedge sales out-weighment issues are off" and inactive. the off-take by mills Opinion
The sellers rate was put up to 1/8 Wheat: Hedge-pressure, prin- 9/16 and later 1/6 19/32 at which differs concerning the material elpally from Winnipeg, was a de-rate a small business was done for benefit to the crops in Texas and pressing factor. Outside long-cash and also to a small extent Oklahoma of the recent rains, interests are retaining their hold- for October There are boll-weavil complaints ings, but new buying is small. sequently 1/6 19/32 for September. at 1/8). and sub- from the South-east. The cotton- Saturday's sales 14,444,000 bushels. At the lunch hour there were sell- goods' market was quiet.
Carn:Prices declined in sym-ers at 1/8 9/16, buyers at 1/6 pathy with wheat. Business done 19/32, 20,083,000 bushels.
$1,738
H.A. Banks
£1361
bb. (London) ..
$1,740
£153
Chartered Banks...
£31
Mercantile Bs. "A"
£181
231
£131
Do.
3144
Bank of East Asia... $84
B13
N. Q. & S. Barka ...
#20
Am. O. Fin. Corp: b.
$0.80
#1
Ch. Fin, Corp. Urd. 9.
35
Du Pref. S
Insurances
$200
Canton suraudek,.
Underwriter
$1.20
$1.25
$260
$645
Union Insuranceë ...
$510
China Fires............
$560 3630
H.K. Fires..
$245
$250
International Asson, S.
8
Shipping
140.88 Donglases
#7
Steamboaty
$30
Indon (pret.)
$31
Do. (dol.j
47 6
Shella
13.
Watert
Mining
61/+22
Anitataoks
$36Balateos
37
$30
$35
47/6
134
81 eta.
81/81 jala.
Baguio Gold ....... 41 cts.
Benguet Consolidated
13 ota
Do. Exploration
Doi Goldfield
12 ots.
Big Wedge .........................
24 cta Gold Bever
12
.................... 20 ota. 92 ate.|
Gold Crock......
Ipo Mining.
Itogons
28/3
$17,
Lasigkata (single) d.,
30
!!!!!!!!!
$112
--
31.80
[50 cts
314
་་་
Explorations...ne 2.
Shanghai Loans 5
113.10 Raabs...................
Venezuela Gold Fhia | 342
Docks, WharTOS;
· Godowns, ets.
· H.K. & K. Wharres.
Providente (old}
Do.
H.K. & W. Docks....
8. China Motors' A
Do.
$117 Shanghai Docks S. 341
#312
$310
"
New Engineering:8,
Hongkowa (old). 8.
Do. (now) S, Lands, Hotels, and
Buildings
3417 |10 ct.
12 cts.
13/8
318
16
$132
$109
Rubber:-Buying was mostly by dealers. After the opening, the tóne was quietly steady, but for the rest of the day until closing there was practically no change. There was no particular news and senti- ment locally was bullish.
Flash: The Annalyst Index of Business Activity is 78.8 compared with 77.8 last week.
NEW YORK
Rubbers-Offerings for actual rubber were high thus lending support to the futures market. Business done: 251 lats.
Cotton:-There was some selling, which was attributed to co-opera. tive interests Trade buyers are still holding off.
MID-DAY PRICES
The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and
...$1.60
RAA
(new)
40 ot.
4
#141
S. E. Levy & Co.'
$9
+
$115
!!
New York-Landon Cottot: October "Cotton:"December
Sik: December ".. Rubber: September Rubber: December
U.S. Dollars
←
On offer at 39 to 39 3/16 and subsequently at 39 which rate. however. was unobtainable later when wanted. In the interval business was done at 391 for Octo- ber. At 1 o'clock the tone 39 3/18 sellers, 39 buyers.
1291.
502.
4
Yon
Guilders
Shanghai Doilara
WES
110 13/16, subsequently 1104. Shanghal Market Sterling 1/4 11/16 for near, 1/4 3/4 for Forward, but the tone was steadier later, near delivery-being offered also at that rate. Dollars. 35+ for near and later 35 5/16.
IN THE AFTERNOONTM The market for a greater part of the afternoon was without in- terest.
31
•
Sterling Sterling was wanted at 1/6 19/32 and sellers at 1/6, 9/16 but later 1/6 9/16 was not on offer and there was possibility of business being done at that rate. Closing selling tone 1/6 17/32.
Shanghai Dollars Dollar were done early In the morning at 39" 5/16 for October but later 394. was probably the buying rate for that month' and 39 3/16 was inquired for Septem- ber without result. 371 371
At the close only 39% was obtainable August- September.
គឺ គឺ ៩៩៩និ
Jak
$6.05
H.K. Hotels
...
16.80
HK Lands.
301
jex vi
$97
Shanghai Lands...8.
$14
Metropolitan Landa..
18,20
H.K. Realties 64.75 $4.86
$154
China DoS)
16.15-17
$137
Da Debentures3.
Wheat: September
1024-7
$10.40 Humphreys
310
Wheat: December
1031-103
New Asia Hotel...
145
3140
$85
$10.90
32.
Asin Realties “A”8.] Do. #g" S. Uhineas Estates...............
Cotton Mills Exce
Corn: September
771-1
Corri: December
701-79
Winnipeg Wheat: Oct. 824
COMMODITIES
Aug. 27
Aug. "28 -Close Open 10.30 11.00 11:30 506 1/8 5054 505 505 5053 15.09-11 18.11 13.13 13.16 13.20 13.25-26 13.28 - 13.29 13.30 13.31
1:151
1148 113 16.73-74
15.68 15.73 15.68. 18.09 18.10 16.09 1017 101 1013 : 1013 1023- 102 102} 1021 77 771 761 761 782-1 781 78+ 781
814 81# B1
Mid-day
505% 13.20
13.31 #113B 15.87
16.09
►
Industrtal Averages ... 94.48
$11
174
S'hai Cottonafold,S.
8431
Do.
(new d
$721
STOCKS
811
Zoong Singa
SII
"American Smelting
38
371
371
255
Wing On Textiles(3.)
$55
Anaconda Copper
124
Auburn
25+ 242
241 241 241
247
$20.0
Baltimore and Ohio.......
171
171
171
167. 161
$14
$8
J. I. Case
431
$39
Consolidated Gas of N.Y. 287
281
281
284 281
·
#21
Du Pont
921
91
91 91
903
18.74
E. Bond and Share
11 101 118 111
113
114
General Motors
30+
30 '301
*.30
• 30₤
Inter, Tel. and Tel.
101
10% 108 101
101
McIntyre Porcu.
401
461
461
401
$11.90
Montgomery W.
241 241
241
242
241
241
Nat. Distillers
201 20
20 201 202 21
N. Y. Central.......
234
23
$11
Malabon Sugara
Bocony Vacuum 'Standard Ol Co. of N.J.... 447
15
141
23 23 141
231
141 141
42)
Caldbook, and S.
Un. Aircraft
15
14#
142 144
447 441 442 141
447 147
Macgregoraf (prof.)B.
U. S Steel
$2.70
Canton les
Westinghouse El.
351 333
35 351 351 351 331 331 331 331 331
$2.60
Cement
$2.00
$2.60
$4.25
$4
$74
Ch. Etainments.....
{ $1.80
178 str.
Bv. (new) 78 ats
34.15
Lane Crawforda......
$21
341
#10
Sinceres
15.80
Ropes... ·reapers! Miscellaneous'
25.70 Dairy Farms
Der A Wings...
Amusements
Constructions, (old) 31 65
4.15
!!
$26.60;
COMMODITY PRICES
13,
New York Cotton
$7.60
$4.10
$2 11.30
Mackintosha.990 - Nanyang Tobacco
Watsons
70 ota. Wm. Powells
M. Greyhounds
a. C. Enterprises United Theatres... 8,
88 Cb.G.6.1995G. Hda 58.
$10 $5,80 35 cia.
104
$1.30
Public Weltidom
120.60 Tramways ...........................
Peak Trams (otu)...
Do. (new)...
Chins Lights (old)... $3 70.
HK Electrica $71 372
Telephones (old) ... $24
Jo.
$13.20 China Buses.....S.
Tractions EBIUS
Do. (prof.)...
Industrial
315
$7
$102
Star Ferries
391 $8.70 35.33
Yaumati Ferries
Do (Dew)... 19.30
$15
12
$24.10
$11.80
17/3
Macao do.
Bandakan Lights...
(new)...
ETE ZERE fasted.
Shanghai Market Unchanged in Sterling. Dollars 1/16 easier.
Night Quotations
of New York Stocks and Commodities
Our offices are
open from 10 p.m. midnight,
until
every night arcopt 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-minute intervals.
Thus, our clients have, ofthe same eroning, quotations for the morning session of the New York Stock Exchange.
Advices of executions on orders!!placed during the night sessions are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
Federal Inc. U.S.A.
Hong Kong.
T.el 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: Saloo
NEW YORK STOCK EXCHANGE
・
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
Now York: August 2
QUOTATIONS
Last Today's
High Low Close Close Change ́5.084: 25.064 5.08). 5,05% - 4 off steady
New York/London Cross-rate New York Cotton—December 13,32 12.20 13.36 13.20 0.10-öff New York Bubber-December 18.23 16.15 10.15 18.17 0.02 up.
103 Chicago Whost -December 1047
108. 103 Ubicago Corn -December 201 70 Silver--Official
Dow Jones Averages, High-1833/34 Low: Aug. 35.
201
70 If oft
49
up
94.46 1.3% of
Aug. 27. Change
37.84 0.78 of
LAST BALE Ang, 20. Aug. 37.
$99 bid
133
99
141 14
39... 38+
30 Industrial
11074
50.16 95.71
20 Railr
50.94
95.43 38.43
20 Utilities
37.13
19.33 91.73
21.16 (0.38 of
40 -Bonds
95.48
73.31 - 93.49
93.42 0.07 off
11 Commodity Index
85,48
DIV. #
41.99 62,05
1933/34
69.19 0.53 off.
PIL. 8B.
FIGH Low
3.00 Air Reduction
112
47
$1004
8.00 Allied Chemical & Dye
160
708
1331
4.00 | American Car .....
1071
*" 48
1.1003
American Radiator.....
19
42
American Smelting.....
651
104
9.00 American Tel. & Tol"
1344
801
1134
1124
5.00 American Tobacco "B" 1.00 American Waterworks
942
601
.791 .781
177
161
Anaconda Copper Mining Auburn
23/
∙13)
124
84
251
251
Bendix Aviation
134
131
23
261
261
37%
103
441 1443+
Canadian Pacific
201
141
71
144
0.50
Caterpillar Co.' 1,40 Chase National Bank 1.00 Chrysler Motors
33
Di
284 27
401
25 bild 25 bid
35
341
641
29
281
51
3
3
1037
221
93
921
1001
101.
100
40
318
224
214
10
123
113
48
01
10
41
મ
201
197
191
LO
30Z
30
291
42
311
30
10
121
-117
211
71
19-
.19
97%
29
201
487
29
261
251
213
B
11
10%
DOA
984
98
B
Montgomery Ward mon 2.00 National Biscuits... 1.00 National City Bankouisvi 1.20 National Dairy Products...
National Distillers
334
60%
471 461
7.33
23 bid 231bid
24+
178
17
-264
104
209 20
410
241231
N. Y. Contraini 0.00 Otin Elevator 1.50 Pacific Gas & Electric
Packard Motors
BA
14.
151. 15
-257
104
16 bid 181
3
31
BK
251
251
139
A
6
13
3
384
38
511
18
151
15
.20
191
201
20%
451
·24***
441
132
104
1021
perm
100
1.K. Goya, 4% Loans
Dv. Wallace despor........ BLK, Wing On..... S'hai 10.
21%
31%
LE
H.K. Sharebrokers” Association
BUYERS
Bank of East Asia, $88 Douglases, $411
Antamoka, 61 cts. Bagulo Gold, 41 cta. Vens Goldfeide, SAJ.
Hotels, $5.50.
Lands, $51xd:
Realtys, $4.80,
Ewoś, $11.
Providents (old); $1.55,
#Trams, $204.
Ferries, $99,
Lights(old) $8.70
Lights (new), $8.40. Electrice, $72.
Telephones (old), $24. Cements 256
Constructions' fold), $1.65, Constructions (new), 78 cts. Gold $ Bonds, 86%.. Govt. Loan 3%. 21%
SELLERS
Hotels, $5.80. Wharves, $110. Trams, $20.70. Lights (old), $8.80. Electrics, $724. Cements, $2,85, Entertainments, 57,60,
SALES
t.
$120 B118
New York, Aug.-27.“ August 25
August 27 "Closing Opening Closing Oct 13.21 13.14 13.15 13.09 13.11 Dec 13.38 13.30 13.28 13.25 13.28 Jan. 13.40 13,34 13.33 13:29 13.29 Mar. 13.48 13.42 13.43 13.36 13.36 May 13.57 13.52.-13.52 13.44 13.48 July 13.85 13.60 13.61 13.51 13.51 Spot 13.35
13.25
New York Rubber Sept. 15.70 15.73 15.76" 15.73 15.74 Oct. 15.84 15.89 15.89 15.87 15.07 Dec. 16.15 16.21 18.23 18.15 18,17
Jan. 16.28 16.33 16.33 16.28 16.28 Mar. 16.58 16.84 18.66 16.55 16.88 May 16.82 16.92 18.92 18.83 16.83
Total 'sales:
251 lots
**Chicago Wheat Sept: "104
103 103 102 102 Dec. 105 104 1043 1031103- May 1081 1001 1067 .. 1051 105 Saturday's sales: 14,444,000 bushels Chicago Corn 79121787783-2-177} -,77# Dec. 801802 804 79279 May 831. 831 831 82 811 Total sales: 20,083.000 bushels
Sept.
LATE NIGHT CABLES
The following cables, were re- ceived last night by The American Oriental Finance Cor- poration,
London Forecast
London Forecast of the probable trend of the N.Y. markets:-
While intervention" on the part of President Roosevelt in con-
the textile and
New York St Sept. 1.11 1.11 1.11 1.11 11 Dec. 1.161.15 1.15 1.15 1.154nection with Feb. 1.16 1.15 1.16 1 15 1:15 Total sales:
*217 lots
S. E. Levy & Co.'s
Cables
The following cabled reports were furnished by Messra. 8. E
Co. last tight
American Weather Report (New York Aug. 28, 6.15 p.m.) Cotton: The weather in the Western Cotton Belt is showery At Galveston there. has been downpours caused by hurricane
rayon dispute is likely to allay fears of a strike in those indus. tries, thus calling a halt to yes- terday's downward trend, it is generally anticipated that trading on Wall Street will be on a small scale, owing to the cautious at- titude, adopted by operators.
On
the commodity markets, wheat prices will probably open lower and leaderless, but the fundamental position is strong; rubber prices are expected to open easter. A higher, but leaderless cotton market is anticipated. Un- certainties surrounding rains, strike and boll-weevil are confus ing sentiment, though Messrs. Sloan & Co. say that a strike is
inconceivable on September 4th
or at any other. date,
There has been storm warnings on the Texas coast from Port O'Con-
A.OF.C. New York Report nor to Freeport. The balance of the Cotton Belt is unsettled.
The market seems likely to con- Grain:There has been showers tinue dull awaiting Morganthau's in the Midwest." The weather | speech to-night" - conditions in the balance of the Grain Belt are unchanged.
Market Reports" Favourable factors before the opening of the markets:-The volume of business continues to dwindle on setbacks and the fact that the NRA will begin re- grouping of the industries under
Winniper Wheat
641 847 829 828 851 851 831 837 Code. 891 891 871 577
New York Burar
Underwriters. $1.20.
Oct.
841
Antamoks, 61 cts.
Dec.
95
Hotels, $5.50.
May
Providents (old)," $1.571/1.60.
Trams, $20.60.
Ferries, $100,
Lights" (old), $8.7678.80.
Cements, $2.60.
Goyt. Loan 31% $24%
-Cotton demand is small on ac- count of textile strike uncertain- ties but there is no pressure to Bell.
with the approach of Labour Day, dull routine market seems to be expected at least until the Autumn business trend is more
Unfavourable factors were Steel clearly denned. 891
operations continue to recede. The Labour unrest continues to be Sept. 1.72 1.72 1.72 1.72 1.73 very disturbing with the threat Dec. 181 181 181 182 182 of a textile strike broadening Mar. 187 1.87 188 188 1.89
The market is quite easy, with Total sales:
43,000 tons losses confined within fractions.
London Silver Spot-21-9/16 unchanged Forward: 21-9/18 unchanged. America and Speculators bought." China sold, Market steady
1. Borden Company
J. I Case
3.40 Consolidated Gas of N.Y..
Curtiss Wright.......... 2:00 Du Pont de Nemours 3.00 - Eastman Kodak
Electric Anto-Lite Co. #%. Electric Bond & Share ...........' Electric Power and Light... 0.40 General Electric. 1.60 General Foods 1.00 General Motors
1.00 Gillette Salokyo. 1.90 Gold Dust
0.80 - International Harvester 0,10 International Nickel z
International Tel & Tel. 4,00 Liggett & Myers "B" 1.00. Loew's Itc. Vž 2.00- Mo Intyre Porcupine
0.50 Pennsylvania Railway
Radio Corpn. Sears Roebuck 0.40 Sucony-Vacuum Corpo;
Southern Paclie
1.00 Standard Brands
Standard Gaɛ side 1.00- Standard - Oil Co. of New
Jersey
1.00 Texas Corporation 012 Trane America
100 Union Carbide & Carbon 009 Union Preiße
United Air and
United Corporati United States Breel
Westinghouse B
348
$331
2. ป
#Page 21