Sharebrokers'
Association
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
1137 216 Cao
!! TUESDAY,
OCTOBER 2.
Banks
H.. Banks .................. *25. (London) ... Chartered Banks Meroantilo Bks. "A"
HC
Bayere
Salge Ballnin
$1,890
:
Yominali
Научга
Seller
Salon
#1,600
£10
£13
Du
£13
$93
Bank of East Asia....
301
N. C. & B. Barks
$20
Am. O. Kin. Corp: 8.
33.80
14
Ch. Fir Corp. Ord. 8.
36
Do. Prol. 5.
Insurances
$280
632/30
Canton Insurancos, :)
L
$265
31.16
Underwriters
11.10
Union Insurandos ...
9635
$610
China Firea
4620
$249
H.K. Fires*****
3849
International Asses, 8,
***
***
22
*Shipping
Douglases --- $41
Waterboats
Amtamoks ......................................
$40)
#7
Steamboata
$7
$30
Indos (pret.)
$33
Do. (der.)
$30 $35
501-
Shells
5131
47/6 313
Mining
80 eta
39 sta
$37
Balatcos
46 sta. 841
Baguio Gol!.....
[ox div.44 oth
Benguet Consolidated
10 th
Do. Exploration 18 at..
120 ola.
Do. Goldfield
1 at
Big Wedge
12
Gold Creek.
#24
Ipo Mining.
#8.30
Logons
26/
Kailans *****TKOSTTO
317
Langkats (single) 8.Į
22/6 318
·15
Explorations-ga.» D-
35
Shanghai Loans
.
18
$123
[2± sta, Gold River
LAT
11 ott, 24 cts.
107
$21
41.46
30 ets
35 ots
3141
H.K. & W. Docks...
$13
$116
143
g
1280 Raubs***********
Venezuela Gold Fida.
Dock, Wharves,
Godowns, etc.
H.K. & E. Wharver. $107
Providents (old)
Do. (new)...
B. China Motors'A'
Do.
#118 Shanghai Docks S.,
New Engineerings.j
#310 Hongkew:
8.
Lands, Hotels, and
Buildings
H.K. Hotela
H.K Lund "** $50
Do. 47 Debentures 31% Shanghai Lands....
Metropolitan Lands..
$8.70 38.40
$71
$13.35 $10.00
$13.20
18/.
Cotton Mill
Chins Lighta (old)... 6B
38.40
!!!!
HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 3, 1934.
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E.
New York Oct. 1. The American Orientai Finance Corporation's report through their New York agents, Messrs E. A Fierce & Co.. states:
Stocks:-We think resistance
LEVY & CO.
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
SALES
The steadiness of the Exchange Market, refected further on Barks and Unions which were on offer at agents, Mesars, White, Weld & Co. $1,880 and $532 respectively. states:--
"There was a slightly easier tone in Stocks:-As the President's the market generally" but buyers
contained unusual speech
new were strongly in evidence for any stimulus a considerable volume of | shárès offering at reasonable rates should develop at about the pre-disappointed long selling occurred both for cash and forward, de- sent level of prices, but we believe to-day. The decline may go turliveries.
ther. We favour scale-down pur- that there is enough uncertainty
chases. Business" done: 620,000 surrounding the markets to make
shares. 't wise to adopt a walting attitude, Wheat: The weakness WES Ceatured by liquidation and poor support, which was influenced by the weakness of stocks and com- ! Commodities:-Traders were d'a- modities generally. Private reports appointed. There was a consider- are bullish, but have little influence able volume of liquidation by long on the market.
operators. Stop-loss orders were Cotton:-The weak Sterling ex-ncovered Margin selling was quite change induced moderate liquida-noticeable in rubber. The com- tion and hedging. There was some modity markets were technically demand on the scale-down, but it healthier, but stimulus is badly. was not aggressive. Harvesting Is needed. progressing satisfactorily. Owing
Bonds:High-grades were easter prices. expect lower and Second-grades were lower.
we
Total sales: Wheat 16.252.000
to "favourable weather conditions.busbais; Corn 5,471,000 bushels:
rivate estimates of the crop have Rubber 836 lots. Increased.
Rubber:-The break in London prices, the weakness of Sterling and of the outside markets have all combined to encourage liquidation. There was little support from deal. ers and buying was mainly of a short-covering nature.
Flash: Fischer's Weekly Com. modity Index: 80.1, against 20.2 last week.
New York. Oct. 1. Messrs. S. E. Levy & Company's report, through their New York
Flashes: The Alaska Juneau Gold Mining Co. has declared a dividend of 15 cents per share. plus 15 cents extra. payable on November 1 as of stocks on Octo- ber 10. The Briggs Manufacturing Company has declared a "dividend of 25 cents per share, payable on October 30, as of stocks on October 16. The Pacific Lighting Co. has declared a dividend of 75 cents per share, payable on November 15, as of stocks on October 20.
NEW YORK MID-DAY PRICES
The following mid-day prices were received on Saturday from New York by The American Oriental Finance Corporation and Messrs. S. Levy & Co.
01
$5.40
$501 31%
i
prom.
$27
$14
H.K. Realties....................
$4.60
$164
Chins Do..........
Do. Deboutures3.
Sterling, N.Y.-London Cotton: December
$10
Humphreys ********
New Asia Hotel...
Cotton: March
$140
Aris Realties “A” 8.
Do.
Silk: December
1134
"B" E.
Rubber: December
14.44
$90
Chinose Estates......
Rubber: March
14.90
Wheat: December
100
991
COMMODITIES
Oct. 1.
Oct. 2 Close Open 10.30 10.40 10.50 10.40 4924 4921 4921 4921 4914
12.28: 12.31 12.23 12.25 12.29 12.29
12.39.** 12.43 12.37 12.39 12.38 12.35 113B
113 113 113A
14.73 14.51 14.85 14.73
15.04 14.91 14.95 15.04
98
991 99
$9.12
10
Ewp
9.80 $9,40
1754
S'ha Cottons(old)S.
Wheat: MAY
1007
091 997 094
$721
811
Do.
fnews.
Corn: December
761
*761
811
Zoong Sings...S.
Wing On Textiles(8.)
Bili.
-Corn: May
781
781
781
$52
Winnipeg Wheat: May
87
851
991 764 757 781 * 771 82
83
Public Utilities
320
$20 $20
Tramways
$80
STOCKS
$15.
Poak Trams (old).
$14
Industrial Averages
90.41 0.46
Business Done
$7
Do. (new)...
$8
$98
Star Ferries
1971
American Smelting
33
34
34 341 341
Yaumati Ferries
121
Auburn
231
241 25
Do (new)... $8.30
Consolidated Gas of N.T. 281
231
28k
283
282
281
Du Pont
871
871871
891
25:1 89
HK. Electric «*«***
$71
El. Bond and Share ...
101 101
101
104 104
10%
Vacac
do.
General Motors
281
231
201
281 281
23$
$23
Int. Tel. and Tel.
.94#
97 91
01
$11
Loew's Inc.
271 271
28+
28+
28
Mcintyre Porcu.
45
"451
46
46.
48
Montgomery W
257 251 261
~264 #261
Nat. "Distillers
187
184 181
191
$8.70
N.Y. Central
214
21
321
Standard ell Co. of NJ... 428
427
43
$20
U.S. Steel
...
321
32
321
194 214 211 211 434 427 328 321 321
19+
124
Canton Iceaeetuses
$2.35
Dements
$1,40
31
Ropes........ 3,5
Miscellaneous
$23.80
Dairy Farma mai
7242
$1
Der A Wings.
34
Amusementa
New York Cotton
121
$71
Ch. Etainments.......
$7.30
Do.
(new) 78 cts.
54.15
Lane Crawforda,......
34.20
Nanyang Tobacco... $4,80
310
Biucerea
$5.80
Watsons
$10 $51
70 ot.
Wm. Powells
155 obs
$2
M. Greyhounds......
$130
3. C. Enterprises v... $1.30
United Thistran....... 8,
prem
11.K. Gort, 47, Losus
Do. 31%
$72
HO
78 cts.
Bandakan Lights ....
Telephones (old)
Do. (new).... China Buses 8. Tractions .......
Do. (pret). "Industriale" Malabon Sugarn Caldbeck, Kord.) 8.
Macgregora praf.)8.
***
FIR
| $10 | Constructions, ́(old){ $1 85°
Mackintosha...............
87 0.0.5.1025.9Bda
Wallace Harper,
HK, Wing On S'hai
S. E. Levy & Co.'s Cables
reports
The following cabled were furnished by Mesers. .. E. Levy and Co, last night:-.
Do.
$108
COMMODITY PRICES
New York Oct. 1. Sept. 29
Oct. 1
Closing Closing Opening Oct. 12.42 12.35 12.35 12.21 12.21 Dec. 12.62 12.45 12.44 12.30 12.31 JATI. 12.56 12.47 12:47 12.35 12.35 Mar. 12.68 12.57 12.57 12.43 12.43 May 12.74 12.64 12.03 12.50 12.51 July 12.79 12.70 12.67 12.56 12.57 Spot 12.70
12.50
New York Rubber Oct.
14.82 unquoted 14.19 14.19 Dec. 15.05 15.01 15.04 14.41 14.42 Jan. 15.17 15.15 15.15 14.52 14.52 Mar 15.42 15.37 16.40 14.79 14.80 May 15.64 15.60 15.80 15.03 15.03 July 15.90 15.83 15.88 15.28 15.28
8,38 lots
which, so far, has not exceeded Total sales: technical proportions.
Chicago Wheat
និងស៊ុតឌន ឌ និងគីឡូឌី
281..
LATE NIGHT CABLES
The following cables were re- ceived last night from New York by the American Oriental Finance Corporation:--
London Forecast'. Stock: Wall Street is expected to open steady as yesterday's decline. was overdone. There is some can- cern over the rise in the value of dollar, in business circles.
ته
Cotton: Prices may open lower but brokers are fairly unanimous that the decline has reached its Kanita.
#
Wheat: The market is expected to open easy Winnipeg may fall sharply unless Government support 102 101 100 1001 | continues. 102 102 100 100
4. July
97. 07.95 Faturday's sales: 18,252,000 bushels Chicago Corn
2. In spite of a slight setback in 15ec. 102 steel activity this week, the outlook May 103 is regarded as brighter.
Unfavourable factors:-
1. The scarcity of buying orders under the market, together with weakness of commodities, notably wheat and cotton, are disturbing factors,
American Weather Report (New York: Oct 2, 6:30 p.m.) Cotton: The East and the Coast
2. The erratic. movements in for- are having downpours while the ge mainder of the Belt la fine. The een exchanges contribute to pre-
valling uncertainties.
forecast of the weather is for slightly unsettled conditions,
Grain: The weather in the Grain Belts is Ane and mild, Canada is rooler, an
The Markes
Favourable factors
A.O.F.C. New York Cables Stock: The volume is diminishing on a slight rise following an even and fairly active opening. néc. 772 7777170765
Cotton: There is additional liqni- May
*79+ 791 7978) 78£ July
unquoted 781 72dation and small hedging. The
undertone is steady. Total sales: 5,471 000 bushels
Winnipeg Wheat
811814814
Oct Dec. May
21
London Silver: Spot 2215/8, up 3/10: Forward 22 3/4, up 3/18-2
Oct
821 821 82: 82. 821 87 87 871 87 87 Dec, 1.14
New York Sugar 195 196 197 196 195 192 192 192 193 194 1.96 1,06 1.06 1.97
New York Silk
1134 Feb. 117 117 117 1.14 1.15 Apr.
1.16 1.16 117 115 116
New York Metals
Bept 27 Oct-1 5.83 50:90 50,95
London Silver Comment:India Mar bought. Speculators bought and May 1.96 1. The volume of trading has re- sold China sold Offering small July 200
Total sales... mained small on the reaction Market steady.
199 2012.012.01 Copper, Oct.
31,000 tons Tin, Oct.
Canton Insurances $285. Union Insurances, $532/590. Ewo Cottona, Sh.$10. H.K. Trame, $20. Telephones (Old), $23.35. Telephones (New), $10.90.
**BUYERS
Douglases, 3401.
Benguet Exploration, 19 cents. Wharves, $107.
Fotels $5.40.
H.K. Lands, $504,
HK. Lands (4 per cent.) Deben.
tures, 31 per cent. Prem. " Realties; $44.
H.K. Trams, $20.
China Lights (Old) $8.70. China Lights (New), $8.40. Electrics, $71.
Singapore Tractions, 5/- Singapore Tractions (Pref.), 18/- Ganton Ices. $21.
Tatry Farms; $23.80, Constructions (New), 78 cents. Govt Loan (4 per cent.) 8 per
cent. Frem.
Govt. Loan (34. per cent.), 34 per
cent. Prem
Salacots, 15 cents.
SELLERS H.K. Banks, $1,680. Union Insurances, $532,
K. Fires, $247. Ewe Cottons, Sh.$9.95. H. Trams. $204. Sandakan Lights $8.
EDUCATION IN KWANGTUNG
Statement By Mr. Huang
Night Quotations
of New York Stocks and Commodities
Our offices are open from 10 p.m. until
midnight,
every night except
Sundays and Naw York holidays.
The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices at appronmately 10-minute intervals.
Thus, our clients have, on the same evening, quotations for the morning"session" of the New York Stock Exchange.
Advices of exocutions on orders placed during the night segaions are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
Federal Ins, V.B.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
..
7, ICE HOUSE STREET, HONG KONG (Head Office:-Continental Bank Building, Shanghai). Tel. 30101 sad 80103.
Tel. Address: Belco
NEW YORK STOCK
EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND SE. LEVY & CO.
QUOTATIONS
Dow Jones Averages, High-1933/24 Cow: Sept. 30.
20 Industrialk
(From Our Special Correspondent)
Canton, Oct. 1. Enumerating the educational work under his administration. ati the weeky memorial service held this morning at the Chunshan Memorial Hall. Mr. Huang - Lun Shu, Provincial Commissioner of Education," stated that $13,000,000 11 Commodity Index had been appropriated for the es "D. #
the PTR SH tablishment of schools in countles and to effect other im- provements.
He stated that $500,000 was de- voted to educational administra tive purpose. The money is being used for the People Mass Educa- tonal Institute, which has been reorganized to meet the popular demands of the general public. The number of normal schools is to be increased, and obstacles are to be overcome.
Commissioner Huang stated that
in the past returned atudents were sent to Japan to complete their education, but now there is some change and students will be sent to America. It was first intended to send ten studens to study in European and American universi- ties but owing to the lack of ex- penses only four are selected by competitive examination. A special examination board was formed among professors of the univer sities here.
The student who will go to the United States will be given $100
·US.
currency as expenses per month, and the other three who will proceed to Europe will be Fach gen£20 per month. student receives $1,000 as travell ing expenses
According to Mr. Huang, special emphasis will be devoted to milit ary educations in all the middle schools. Instead of confining mint ary activities to the parade ground, allwork will assume a military aspect. Courses in military science the nith are compulsory from grade primary school to the end of the sixth grade of middle school.
-MISS THOMPSON'S
FLIGHT
20 Bails
20 "Utilition
40 Bonds
·Bendix: Aviation 1.60 Bordea Company
J. I Can
Canadian Pacific
432
** IF
24.95 1.38 of
19.73 0.87 off
$1.81. 0.23 off 69.40
1.18 of LAST BALX Sept. 30. Oct. 1. $1013b2d-399
126- 1344
New York: October 2.
Last Today'a
New York/London Crous-rate
High Low Close Close 4.954.91 4.96) 491) 13.45 12.30 18.4 1.31 New York Cotton-December New York Bubber-December 15,04 1441 15.05 · −14.43 Chicago Wheat-December 1024 100 105 - 2001 Chicago Corn December 788 78)
Change
44 of Firm
01
.83
77
Bilver--Official
76 40% 50
110.76
84.58 99.83
I off
Oct. 1.
Change ̈90.41 · 9.32 off
58.94
32.84 -36.33
r
37.72
95.48
65.45
18.80.30.40 84.78, 8904 41.98 60.58
1933/34
FIGU
Low
3,00 Air Beduction
113
471
0.00 Allied Chemical
Dye
160
701
4.00
American Can.... American Radiator........................ American Smelting..... $1.00 American Tal & Tel. 5.00
1071
491
"987
1974
137
- 134'
19
344
33
104
1347
1121
109
..:777
77
American Tobacco "B-". 1.00 American Waterworks
942
601
17
18
111
11.
Anaconda Copper Mining Auburn
25+
-23
841
-244
121
114
231
6.
22
21
37
18
431
41
103+
30
241
131
207
27
27
0.50
Caterpillar Co.
33
217bid 21 bid
14 Chaas National Bank 1.00 Chrysler Motore
-402
157
341 321
031
70
291
291
8.40 Consolidated Gas of N.Y.
Ourtian Wright
31
21.21
007 871
1031
991.
991+
3.00
Eastman Kodak
1004
223
22
6%
Electric Auto-Lite Co Electric Bond & Share
311
114
41
-" 4
Electric Power and Light.....
154
171
171
:
301
11
30.
29
301
294
281.
42
10
∙111 114
912
171
17
121
30
291
481
139
251
242
*Я
10
92
21#
98
881bid
291
278
451
45
18,
271
253
358
271 261
211
1.20
National City Bank... National Dairy Products....
20 bid 19 bid
10%
161
164
10
20
National Distiller
187
418
20%
NYCentral ...........
227
ZI
142
14
132
101
15
14
317
OF
421
231
217.
·18)
51
391
38
141
14:
19
174
2.00. Du Pont de Neniours.
0.40. General Electric 1.00 General Foods 1.00 General Motors 100 Gillette Safety 1.20 Gold Dun 0.80 International Harvester 0.10 International Nickel
-International Tel & Tel, 4.00 Liggett & Myers "B" 1.00 Loew' 100. sundiminea 2.00 Mo Intyre Porcupine
Montgomery Ward
[ 2.01 National Biscuit .....
LOO
0.00 Otis Elevator........... 1,60 Pacific Gas & Electric
Packard Motor
0,5C - Pennsylvania Railway Radio Corpn, domin Bears Boebuck
0.40 Booony-Vacuum Corpa, .. Southern Pacific...
-100 Standard Brands
Standard Gas
[Special to the "Hong Kong Dally
Pruss" (Copyright);||||
1.00 Standard Oil Co. Athens Oct, 2-
Jersey MIKE The Australian girl flyer,
||1.00 Texas Corporation Freda Thompson, who yesterday 0.19 Trans-Amerion was forced down fifty kilometres 100 Union Carbide off Athens,
to continue her 800 Union Pacifo Aight in the
of to-day as United Air and Fluch" is only
soon as slightly Transocean
48
221
42 bld
434 2013
United Corporation Uned States 84001 Westinghouse
32