1934-06-30 — Page 12

$11.80

26jos. Gold BeTor

Gold Crock..

Ipo Mining.

New Asia Hotel

$140 Aain Realtios "A" 8.

20

$82

"B". Da, Chinese Extatas......

Cotton MU

Sterling

$11.30 Ewas

$72

$11.30

S'ha Cottona(old)S.

Cotton: October Cotton: December

144

2721

"812.

DD. (new)S.

8111

Zoong Singe S.

13t

357

Wing On Textiles(S.) $0

Public Utiliting Tramways.......[ 121.29|

$15

$7

Peak Trains (phi).....]

Da

+21

$14.80

(new)...

$8

$100 Star Ferriss $100 320.65, Yaunati Ferrics...) $10

Silver: September Silver: December Rubber: September Rubber: December Wheat: September Wheat: December Corn: September Corn: December

June:29 Close Open 10.30 11.00 11.30 Mid-day 5.067 5.06 5.05 5.05 5.05 5.05+ 12.48 12.52 12.46 12.47 -12.46 12.46 12.41 12.64 12.60 12.61 12.60 12.60 46.98 47:05 47.05 47.05 47.05 47.45 47.60 47.60 47.60 47.60 14.20 14.38 14.29 14.32 14.33 14.55 14.70 14.87 14.70 14.72

12.

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Bayara Salleen

No FRIDAY,

$1,823 1,695)

£13141

E18

£15

381.

JUNE 29.

Banks

B.K. Banks

Sharebrokers'

Bo. (London) .. Chartered Banks... Mercantile Bka “A”

Do

C

Bank of East Asia... N. O. & S. Barks

Am. O. Fin. Corp: 8, (Ch. Fin. Corp. Urd. 2. Do Pref. 5. Insurances

Association

++

Dura

Raion #crates

31,835

£164 Lx8! 216 $90, $5,80

$30

3670

34

30

$300

Canton lusurancÓT....

Underwriters

$565

Union Insurances .......

****** $1,20

B10

China Fires

***

1666

thecito

$250

H.K. Fires

16

International Assoo, B,

$248

Shipping

***

$40

Douglases

$40

Steakibonta

330

Indos (pref.)

$93

Do. (def.)

50%

Shelle

Waterboats

17 $30 $35 30%.

65 ote.

$39

Mining

Amtamoks...........

Balatcos

67 cts

18 et

Baguio Gold

**** 15 o

$39

Benguet Consolidated

**

20 otk

Do. Exploration

A

19 ota,

20 ole.

Do. Goldfield

12 cta.

Big Wedge

17 ot

24-418.116 ots.

下

Itogons

20/-

Kut Langkats (single) 8.

37 372

15

Explorations.............. D.

18.36

Shanghai Loan S

$13.20

Kauby.

$7

Venezuela Gold Fida.

584 $13 20.80

$14

*** 45 ot

$2

32

$131

301

$100

..214

***" 60 cts.

32

*A

$131

15. -

#322

$39

$5.20

320

Docks, Wharves,

Godowns, eta:

H.K. & K. Wharves. $108 Providents (old) - $1.70

Do. (DBW) i..

H.K&W, Docks...

S. China Motors A

Do

Shanghai Docks S.

New Engineerings8.

Hongkow (old) 8.

Do (new) H

Lands, Hotels, andį

Buildings

H.K. Hotels......$0.80 H.K Lands.....

Shanghai Lands....

15.80

$69.

$11

Metropolitan Lands..

55.33

H.K. Realties........

$124

Chia Do

3137

Do Debouturea S.

$10.60 Humphreys

! ! !

$5,40

$104

+

$46

HONG KONG DAILY PRESS, SATURDAY, JUNE 30, 1394.

NEW YORK STOCK AND COMMODITY QUOTATIONS

AMERICAN ORIENTAL FINANCE CORPORATION, AND SE. LEVY & CO.*

New York, June 38. The American Oriental Finance Corporation report through their New York agents, Messrs. E A. Pierce & Co., states:-

J

Stocks: Sentiment is more cheerful and evidently Wall Street expects the President's radio ad- dress to be encouraging. A little more confidence has been mani- fested in the stock market. Gold mining, metals, sugars and pack- ing issues continue to be in favour. Business done: 840,000 shares,

Wheat: The absorbing of hedg- ing sales and of local offerings and the large movement of the crop in the South-West have increased the strength of Corn. The fear that hea will cause damage in parts of, the American North-West had some effect on the market. Wed- nesday's sales: 29,489,000 bushels.

Cotton:-Prices closed at around the day's best levels. Buying was more general. The supply of con- tracts Was qulet and limited. Sentiment was aided by the in- provement in gralcs Weather conditions are clear

اور

Silver:Futures were sharply higher on speculative buying⋅ of distant months and the market continued to absorb July offerings. Which were credited to Govern-

ment account. March option was sold at 48.64, within a fraction of Afty cents, the basis on which the Government is expected to value silver. It was the opinion of the market that this was the present objective of bull operators. Total sales: 234 contracta.

New York, Jone 28. Messrs. S. E. Levy & Company's report, through their New York agents, Messrs. White, Weld & Co., states:-..

Stocks: The market will take its

from the eue to-morrow character of the President's speech to-night and the action he may take an controversial bills such as the Farm, Mortage Moratorium and Rallway Pensions Meanwhile, to- day's market showed a generally confident tone. Business done 640,000 shares "Bonds:-High-grades are steady, while second-grades, are slightly easter:

Cotton:-Conditions are fairly quiet, but prices are firm on some demand from speculators and on buying by local interests. We con- tinue to recommend purchases in minor recessions.

Silver: Prices are strong and are working into new high levels for the current movement. Obser- vers expect further strength in view of the Government Silver Purchase Plan Sales 934 Con-

tracts.

ić

THE EXCHANGE MARKET

MESSRS, ROZA- BROS. REPORT

Silver prices rose substantially in London Yesterday, the rise be- ing 5/18 in' both cases, Ready to 201 and Forward to 20, 13/16. In-. dlan support was again evident. America and Chins selling. The market was on the easy side after the closing and business was re- ported at under rates. In New York the price was 46.30,

Stering opening in New York at 5.05) and closed at 5.06.

Market Steady but at a lower level than yesterday: Business 'was'dull;

Sterling

Was obtainable at the opening at 1/5 29/32, buyers bidding 1/5 31/32 1/5 31/32 was done to a moderate extent for July delivery and

the subsequently during course of the morning 1/5 15/16 for July and also for June. The tone at 1 p.m. was 1/5 sellers, 1/5 15/16 buyers for Spot.

U.S. Dollars

buyers at. 37 13/16. 374 was done Were quoted at 37, 11/16 with

for July and subsequently 37 11/18 for June, closing with sellers at 37 11/16 and buyers at 372.

You Possibly 124

Shanghai Dollar

41

110 1/16

Shanghai Market Rabber:Prices are strong on

1/41 sellers, 1/4 5/16 buyers re- heavy speculative buying, which ceding later to 1/4 3/16 and 1/44 Dollars 34'5/16 sellers, 341 buyers. entered the market late this after-easying later to 34 3/16 selers. noon. Sales 489 contracts.

Wheat: Strong. Weather" con- ditions are at present unfavour- able towards the growing crop, as high temperatures are beginning to absorb the recent moisture. Purchases are recommended on

Rubber: Market featureless. recessions. Wednesday's sales Total sales: 489 contracts.

NEW YORK

29,489,000 bushels.

MID-DAY PRICES

The following mid-day, prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and S. E. Levy & Co.

COMMODITIES

June 28

344 buyers. “

IN THE AFTERNOON." The market was certainly a trifle less robust in the afternoon,

"Sterling

Sterling was done at 1/5 29/32, as also 1/5 for June, finishing with sellers at 1/5 27/32 but pos- sibly 1/67 might have been tained, and buyers at 1/5 29/32.

U.S. Dollars Were fixed at 37 11/16, the mar- ket closing with sellers at 372 and buyers at 37 11/16.

Shanghai Market Sterling, eased off 1/16 to a sell- ing rate of 1/4k and buyers at 1/4 3/18 and Dollars were also easier at 341 sellers, 34 3/16 buyers.

"

Night Quotations

of New York Stocks and Commodities

Our offices aro

open from 10 p.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 at approximately 15-minute intervals.

Thus, our clients have, on the same evening, quotations for the morning session of the New York Stock Exchange,

"

- Advice of exscations on orders placed during the night sessions are received within the half-hour.

American Oriental Finance Corporal

Asia Life. Bldg.

Federal Inc. USA.

Hong Kong.

"

Tel. 26631.

NEW YORK STOCK EXCHANGE

TUROUGH REUTER'S

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO...

QUOTATIONS

New York: June 28.

Last Today's

High Low Close Close Change

barely New York/London Cross-rate 5.00 5.00 5.08) 5.061 .011 up steady New York Cotton-October 1250 11.3 12.35 12.48 .13 down New York Silver September: 46 95. 45.68 48.37 48 72 .35 up New York Bubber-September 14.33 13.98 1400 14.30. 20 mp Chicago Whest September mut. 911 20. સ Chicago Corn September 31 60 New York Silver (Business done San Francisco

13 차

price)

Dow Jones Averages, High-1933/34 Low: June 27. June 28.

30 Industrials

lf up.

63 45 481 452 401

.. 34 op

up

Changs

110,74

50.16 98.44

.9%,14

.20 up

20 Bails

58.94

+95.42 | 44.47 .. 44.59

.19 up

·20 Utilities

37.73

19.33 24.11

24."1

.10 up

ob-

40 Bonds

85,21

73.21 94,71

94.85

.14 p

11 Commodity Index 60.44

41.98 · 56.57

57.61

04.02

Dry. 8

“

1833/34

LAST SALE

PKB. SE.

KIGS

Low

June 27. Juna 28.

3,00 Air Reduction

111

47

$101 $1004xd

6.00 Allied Chemical & Dys 4.00 American Can ....

American Radiator....... American Smelting... 9.00 American Tel & Tel. 5.00 American Tobacco "B 1.00 American Waterworks

180

701

1341

131

107)

49

97

97

19

141

141

55

102

424

434

1342

115

115

941

76

TOA

48

201

201

5

Anaconda Copper Mining

237

15

153

4

47.05

H. K. STOCK EXCHANGE

:

Auburn

84

244

35-

944

Bendix Aviation

23/

144

141

e

1.80 Borden Company

Canadian Pacific

261

26

37%

18

20%

141

141

47.80

J. 1. Cast

50%

52

14.32

103

20

0.50 Caterpillar Co.

278 271

92 921-1

931 941-1

83 628-1

614

641 631-1

$8.80 $8.30

Chins

Lights (old)... $8.75

Do

(now)... $8.30.

STOCKS

$72?

H.K. Electrics

$721

Am Smelting

434"

437

431

#31

$25

Maceo do.

ર.

Auburn

25 25+

251

Sandakan Lights...

$247

Telephones (old)

-J. I. Case

52

51

51

$24.80

$12

Tractivus: ........................

18/10

CAL

Do. (new)...] $17,10)

$13.90 China Bas......

Do,

(pre).....

Industrials

Dupont

904 90

90

90

Elec. Bond and share General Motors

$12

Malabon Sugar. ...

Inter. Tel and Tel McIntyre Porcupine

151 15 31 311 31+ 131 131 13

48

$21

Caldbeck, Hord.) S.

$19

Magregora (prof.)8..

52.70

Canton Ices

321

Montgomery Ward Natl. Distillers N. Y. Central».

23+

24.

202

291

291

$2.82

Camenta

7

$2.80

Bocony Vacuum

344

Itups.......

14.10

United Aircraft

18 16 16 181 181 181

16

18

MiscellaneɔUS

$20

Dairy Farmagpara

$20

$4

Der & Wings.................... Amusement

-

+$

U. S. Steel

Westinghouse Suk: December

39 37+

367 37

1.198 1,201 1.19 1.195

,391 391 394 39 394

Let

371

$1.55

20 ot..

34.40

$21

$4.70

|70_ota,}

12

$2

DITT.

рама

***

Do

$8

Ch. Etainment...... 37.40

"Constructions, (old))

Do

new)71 pts.

Lane Crawfords......

Mackintosha Nanyang Tobacco...

Watsons

Powells

Wm.

M. Greyhounds...A

S. C. Enterprises

United Thestram... 8.

87%, Ch.6.6219260.Bde. 58,

H.E. Govt 4% Loans

Wallsce Harper................

London Gold.

£0-17-74.

31 70

London Rubber Oct.-Dec.

74. buyers---71d sellers.

હ

Liverpool Cotton

6.59d.

Liverpool Wheat

4/77.

$5.05

London Sliver "..

211 spot-211 forward.

191

L-N.Y. Cross-

[55 'ota.

FURTHER QUOTATIONS

July

{THROUGH RIUTER'S)

£ept. Oct.

31%

American "Oriental Finance

Dec.

Corporation and S.E.

Fan

$100

B.K. Wing On

S'ha

Do.

$120 8112

Mar.

Levy & Company

May

CHINA'S TARIFF

Air Reduction 101

New York, Jüne 28.

June 27 June 28

100 x July

American Radiator... 14

14 Sept,

144 27

147

21"

Oct. Dec.

Jan.

102

Mar.

LATE NIGHT

CABLES

The following cables received last night are. forwarded by the American Oriental Finance Cór- poration and Messrs. 8. E. Levy & Compariy:

London Forecast

Wall Street steady with little business is anticipated, owing to the approach of the week-end though a more settled atmosphere should prevail in view of the virtual settlement of the steel dis pute. In the commodity markets, wheat and cotton are expected higher. Heat in the plains is very severe, while in Texas the drought is one of the worst on record. Other markets, expected to be a Hittle better.

.....

A.OF.C. New York Cable Commodities: The market open- ed of light. The President's speech was not as constructive as

Nanking, June 29.

increased

While official circles are very Bendix Aviation reticent over the details of the Caterpillar Co, revised import" tariff, it is learn-Electric Autolite Co. 214 21 tariff has been ed from reliable sources that the Gillette Safety Razor 104:

on McIntyre Porcupine, 471. 48

National Bistult.... Natl. Dairy Products 184

36. 351

18 Otis Elevator ...... 151 standard- Brands

15% 201

"necessities."

Among the articles on which the tarli has been reduced, are un- derstood to be cotton goods, and fisheries and sea products, whose import tariff is reduced to about 5 per cent.

"The existing tariff is 30 per cent. and the revised tariff 25 per cent.

Reuter.

had been anticipated Gold price rise urged but unlikely,

July Silver: There was some invest Oct. ment buying and some liquidation Dec, only possibly the treasury is buy- Jan. Mar. ing September:

.

Cotton: There are southern and realizing sales. The trade and Europe are modest buyers W

201

. COMMODITY PRICES.

482 281 271 271 23 271 231 231 241 24 231

At 2 p.m. was 5.05.13/16.

New York Rubber 13.74/74 13.71/71' 13.95* 14.00/00 13.99/98 14.20/20

14.39/39 1440/41 1455/55 14.51/51 14.54/54 14.68/89 14.75/76 urireceived 14.92/95 * Asked.

1,154-1.16

1.183-1.18

1.194-1.20

-July

New York Bl

-1.12-1.14 Sept. .1.16-1.17

Oct."

1.27-1.171

Dec.

117–117}

Winnipeg Wheat

July 76 Oct. 781 Djet. '79†

757-78

1.20 -1.201

דיר

791 801

*901-901 92 -921

911-91]* ̧, 934-92}.

TB -781 70-791 Chicago Wheat. July 90.-90 Sept. 001-901

New York Cotton June 27.

June 28 Closing Opening Closing 12.12/12 12.12/13 12.22/24 12.35/3512.39/40 12.47/48 12.48/48. 12.52753 12.61/81 12.53/53 12.58/68 12.85/65 12.64/64-12.67/68 1276/76'.. 12.74/74 12.77/77 12.87/87 July 12.35

May Spot

.." (1935).

12.45

WEEKLY REPORT

The recent rise in exchange, has somewhat unsettled the market during the past week, chiefly of course Banks and Unions suffering a setback, and indirectly affect ing some of the other sections. Generally speaking, however, most of the llat held its own

fairly well, and there were enquiries for, Hongkong Trams. China Lights, Star Ferries and Telephones." Wharves also kept very steady. and were in demand throughout the week at $108, or a shade bet- ter.

Closing tone very quiet. Business Done During the Week. Hongkong Banks, $1840, $1835.

$1825.

Union Insurances. $572··· Steamboats, 87,

Hotels, $5.90, $5.85. Humphreys, $10.6. Tramways, $214...

China Lights (old). $8.80.. Electrice, $73, $727.

Telephones (old), 8241,"- Telephones (new), $12.15. Cements, $2.70. $23, 82.80, $2.82). Raubs $144.

Gold River, 24 cts. 25. cts., 27 eta,

Changes (3.15 p.m.) Closing Quotations

BUYERS

Underwriters, $1.30.

Union Waterboats. 31180, Wharves, $108.

Providents (old). $1.70. Hotels, 85.80. Realties, $5.40. Chinese Estates, $85. H.K. Trama. $211.

Star Ferries, #100). " China Lights (old), $8.80. China Lights (new). $8.30. Telephones (new). $12.

nepts, 82- Dry Farms. $20. Constructions (old), $1.55. Constructions (new), 70 "cta. Gort, Loen (4%). 87% Prem. Gort. Loan (33%), 4% Prem.

SELLERS" Hongkong Banks, $1815. Union Insurances, 8565.

Dec. 917-92 021-921 931-932 Sept.

*New York Sugar

1.65 Sept. 1,71

Dec 1.81

1,

Chicago Corn

591-591 60-011, 627–63 803-60% 81-614641-642

Dec.

1.67

bietals

1.78

1.01

|N.Y. 'Copper, Oct. 7.18 | NY. Tin, Oct. ... 50.75

277.26 50.95

1.00 General Motors 1.00 Gillette Baiety 1.90 Gold Dust

2.0 National Biscuit 1.00 Nations! City Baak 1.20 National Dairy Products

National Distillers

N. I. Central

0.00 Otis Elevator

1,60 Pacific Gas & Electric

Packard Motors

1.50 Pennsylvania Bailway

Radio Capa,

Bears Roebuck ...

Antamoks, 68 cta." Raubs, $13.20. Star Ferries, 31021.

SALES

Hongkong Bapka. $1825. HK. Trams, 821 Cementa, $2.82},"

H.K. SHAREBROKERS'

ASSOCIATION"

BUYERS Underwriters, $1.25. Baguio Cola, $354 cli Lands. 858

Ewos, $11.30. Wing On Textiles, $58. Providents fold), $1.75. Yaumati Ferries, $21. Lights (old), $8.80. Lights (new). 88.35. Entertainments, $73. Constructions (new), Sinceres, $9.30. Gold & Bonds, 86%. 8. C. Enterprise. $1. SELLERS

Antamoka, 66 cts. Lands, $59, Lighte (old), $8.95. Electrics, $724. Constructions (new),

cts.

14.89

33

1.40 - Chase Naţional Bank

284bid 287bid ·

92 92..

912

401

LO

1.00 Chrysler Motora

391

401

934 931

33

78

3.40 Consolidated Gas of N.Y.

34

341

613

621 62

811 621

841

214

Curtise Wright

31

3+

1

200 Du Pont de Nemours 3.00 Eastman Kodak ...

901

90+

103

32+

99

:: 99

1001

46

434 43

Electric Auto-Lite Ca

21+

214

318

10

25 241 244

51

51

8% Electric Bond & Share ...... Electric Power and Light...

154

157

48

4

57 .51

..104

90

90

0.40 General Electric

197

207x

201

151 15% 151

151

1.60 General Foods

101. 32

317

102

21

31

311

311 311 Mlated 13 13

31

42

10

10

107

71

20

20

4B4 +484 481

0.60 International Harvester 0.10 International Nickel

37

12.

331

"331

481

13A

26.

201

291

29+

15

18

18

181

International Tal. & Tel. 4.00 Liggett & Myers "B" ... 1.00 Loew's lua

127 13

217.

97

964

492

....

291

23*

37 37.,

2.00 Mc Intyre Porcupine

Montgomery Ward

47*

48

18

272

28

368

36

352

1.198 1,188

271bid. 28 bid

18.

181

231

24

291

·292

15

157

19

18gxd

32

31,

晤

311..

314

421

13

7

71

New York Silver 45.88/89 46.10/29

12

15

16

46.26/37 48.58/60 16.70/72

48.50/50 uhquoted 46.98/96

0.40 Sopony-Vacuum Corpn.

Southern Pacific.......

BIŁ

421 434

19

244

25

1.00 Standard Brands

.201

201

201

46.86/00 47.30/30 47.45745 47.15/15 47.32/34 47.65/65 47.85/85 48.56/64 48.15/15 48.65/85

278

Standard Gas

11+

1.00 Standard. Oil Co. of New

Jersey

22)

....................

BOL

444

221

1.00 Texas Corporation

311

102

24

23

0.19 Trans-America

ទេ

7

1.00 Union Carbide & Carbon

511

191

6.00 Union Pacific,

133

elt

123

1224

United Air and Teamsport...

181

101

181

181

14.14/14 unreceived 14.33/33

United Corporation....... United States Steel Westinghouse E. & N.

143

4

51

51

071

391

38

'99

371