1934-07-02 — Page 12

Daily Press 孖剌西報 All

$108

160 cta.j

$16

32

18

$131

3D

New Engineerings.

121

Ipo Mining.

Itogons

e

20/

Kailans...YAKKA

11

Langkats (single) d.

16

$6.35

Shanghai Loun

$13.20 Raubs

Explorations.... 3.

37 Venezuela Gold Flds.

Docks, Wharvos,

Godowna, etc.

H.K. & K. Wharves $109 Providente (old)

Do.

**$1.50

(UB)...

145 cts.

218)

H.K. W. Docks

S. China Motors' 'A'

Do.

"R

Shanghai Docks S.

440

$322

Hongkowe.(old) 8.

$320

Do. (new) 8.

Lands, Hotels, and

Buildings

35.80

H.E. Batole $5.80 $6.50

#591

H.K Lande......8.

$50

328 SM

Shanghai Land.....

"Metropolitan Leads..

35.40

H.K. Realties......... $5.40

Amer. Smelting

421

'મ

China Dozatorß,

Auburn

COMMODITIES

July 1 Close Open 10.30

43 13 222 223 23

June 30

5137

Do Deboutureas.

J. I. Case

503 49

49

49

$86

$140

12U

$11.25

172

$42

$37

$211

$10

$7

$108

$20.65 -181

$8.30

$72

$791

$20

$10.60 Humphrey .....................

New Asia Hotel

Asia Realties "A"S. Do. "B" 8.

Chinese Estates......

Cotton Mil

Shai Cotton(old)S. Do. {DEW}S.

811) Zoong Sings ......S.

Wing On Textilen(S.){ $58

Public Utiltämm

Tramways....... Poak Trains (uk) ...

Do.

Star Ferries

*

3110 Yaunti Ferries $21

Chins Lights (old)...| 38.85

Do. (now)... 8.30

H.K. Electrics.......... - $79) Макво да

$101

Du Pont

80

80

El Bond and Share

147

147

141 15

***

General Motors

307 307

30+

31

Namine

HONG KONG DAILY PRESS, MONDAY, JULY 2, 1934.

t

NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS

£133

216)

224 £15

300

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Buyer

Kalen Balleta

Romant

| $1,800 $1,800)

Sharebrokers'

SATURDAY. JUNE 30,

Banks

B.K. Banks

Bo. (London)... Chartered Banks .... Mercantile Res. "A"

Do

"C"

Bank of East Asia...

Association

Bayere

K

$1,826

KA

£15

3801

N. O. & S. Barks ...

320

Am. O, Fin. Corp.

$8.50

Ch. Fia. Corp. Ord. 9.

Do. Prof S. Insurances

"Canton Instirandos...

$300

$300

Underwriters

$1.30

$650 520/54 7

Union Insurances...

3060

$810

China Fires

H.K. Fires

$950

$5

International Ausoe. 3.

3670 3248

£

Shipping

340

Douglases

$40

37

Steamboats

*30

Indos (pret)

$30

331

Do. (def.)...........

49/41

ShollsRETANJA

50/-

311.80 Waterhosts

SITH

03 ote.

$39

120 ota,

Do.

Mining Amtamoks Balatcom

36 at Baguio Goki

$32) Benguet Consolidated 20 tis Do. Exploration

19 st. Big Wodge

26jots. Gold River.

Gold Creek,

』"",

64 cts. 60 cts.

136 als. 38 ats

19 ots.

Goldfield.....

12 4th..

27/-

322

35

**

$121

£6.80

ུ:::geཀྲྀ{;

12

$131

AMERICAN ORIENTAL. FINANCE CORPORATION. AND 、S. E. LEVY & CO.

MARKET

MESSRS. ROZA BROS. REPORT

move AS

Sliver prices did not expected in the London market yesterday, prices were up to 211 the for Ready and 21 for Forward. En Order the rise being 1 and 7/16 respective- By. Adrice indicate.... speculative buying. China continued as a sell- er. The closing tone was uncer- tain, but there were no open buy-- ers. New York rates were high- er at 48.85; the usual support was given for account "of the, American Government.

New York, June 29. house buying of distant positions The American Oriental Finance 1he Government bought for July. Corporation report through their Secretary Morgenthau of New York agents, Messrs. E. A. Treasury has issued Plerce & Co., stateś:—

placing an embargo on the ex- Stocks:-The President's address ports of allver, unless a special furnished no istimulus, prices license is issued, except those ex- tiny incentive. ports of the metal for legitimate critting without There appears to be some scatter. purposes. He explained that the ed liquidation progressing in "some new silver export embargo was not motor Issues. The fallure of intended to check the normal metal shares to show a conclusive légitimate business-flow of silver follow-through is another taator exports and that any Bank or Sterling opened Iri New York making for unwillingness to, také

business concern can make apat 5/05) and closed at 5.05.

Market positive position. Business plication to the Federal Reservo done: 440,000 shares.

Bank and obtain virtually an in- Wheat: There was some reac-stantaneous "Yes "or "No. an- tion on hedging sales, and on lack swer as to permission to export of short interest. The crop move-

under the license Business done: ment in the South-West con- 208 contracts. tinues. The market is winning relatively steady influences by Leneficial rains and unfavourable European crop news. The crops

sales:

#

Rubber: - The market featureless. Business done: contracts.

was 408

ין

Was, expected to be strong just before opening time, but on quo- tations being available rates were lower than expected and the mar- The ket developed an easy tone. tone, however, reacted shortly after and with, a rising tendency and con-hued firm for the balance of the morning.

"Sterling

for

cash

New York, June 30. In the South-West and in Saskat- Messrs. S. E. Levy & Company's

Was offered at 1/5 with buyers chewan are irreparably damaged. report, through their New York Thursday's

*32,585,000 agents, Messrs. White, Weld & Coat 1/5 15/18. Business was done

however at 1/5 29/32 Lushels

states:- Cotton:-The market was dull. Stocks:--Our opinion of the and 1/5 15/16 for July follow- The South sold "moderately, supmarket remains unchanged. Busled by 1/5 15/16 for cash, and plying a modest trade and Fatness done. 190,000 shares. Eastern demand. There were

Bonds:-High grade issues re- limits on the scale-down and no main unchanged: while second tenders for July, July options grade bonds. generally, are easier. narrowed, compared with distant

Cotton: The market is quiet.

months.

At present weather conditions are bullish and purchases on minor dips are advisable.

which

Silver:-The market was arm early in the day. but later eased, partially under July quidation. was apparently promoted by the issuance of 604 tenders. Prices later advanced to new high levels on aggressive Commission,,! bushels.

Wheat:-The market is nervous and traders are marking kime awaiting the private estimates an Monday Friday's sales: 25,882,000

NEW YORK 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.

וי

towards closing time 1/5 31/92 was reported for July. 1/6 was done for August during the course. of the morning. The closing tone of the market was sellers at 1/5 15/16 for July, and although 1/5 31/32 was quoted for the second half of July, that rate possibly was obtainable or the whole of July.

kely buyers at 1/6.

U.S. Dollars Opened with a quotation of 37 5/8 with possible buyers at 37 11/16. 37 11/16" was reported 35 was also 37 for July, for June and 37 13/18 for July." The mar ket closed with likely sellers at 37 13/18 July.

125

Yen

Shanghai Dollari Opened at 1101 and rose to 110 7/16 with business at Intervening rates. Rumours of an embargo on the export of Suver from Shang- hal and/or a special tax influenced the rise.

-Shanghai Market

Night Quotations

of New York Stocks and Commodities

Our offices ara

open from 10 p.m. midnight,

until

every night except Sundays and New

York holidays.

The opening quotations of a selected list of Now" York" Stocks and of Commodities will be received in our offices" at approximately 15-minute intervals,

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

Advices of executions an 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,

Tel. 26631.

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York: June 29.

QUOTATIONS

Last Today's High Low Close · Close 5.05% 5.05) 5.00 5.05 12.52 -19.35 12.48 12.38

New York/London Cross-rate New York Cotton October New York Silver -September 47.10 47.00 487% 47.20 New York Rubber-September 14.40 14.98 14.20 | 14,33 'Chicago Wheat September 927 Chicago Corn -September 62) New York Silver(Business done San Francisco,

T

"price)

Change

1 down steady .11 down

Dow Jones Averages, High-1833/34 Low: June 28, June 29.

48 up

.13 up

90% 921 91

11 down

60 63 601

3 down

48+

461

* up

frm

d up

frm

Change

30 Industriala

110.74"

50.18 07.14

95.75 1.39 down

10 Railr

56.94

25.43 44.58

43.98

.81 down

20 Utilities

37.73

18.33 141

23.77

.44 down

40 Bonds

95.31

73.31 94.85

94.23

.09 down

11. Commodity Index

B0.44

41.98 67,61..

56.74

.80 down

Div. #.

· 1933/34 -

LAST SALE.

Pra. Sα.

HiGa

Low

June June 19.

11.00 11.30 Mid-day 427 427 421 23- 231 23

3.00 Air Keduction 6.00 Allied Chemical & Dye 4.00 American Can

112

471

$100 xd 899

180

701

131)

1314

1073

97

961.

American Radiator, American' Smelting....

'19

4 से

14

14

GOI

101

431

421

49

491

881

est

9.00 American Tel & Tel. 5.00. American Tobacco "B"

1347

86

115

1131

SK

601

761

78

15

15

303

30%

*

Int. Tel. and Tel.

124

12

12

127

McIntyre

18

471

47

471 471

48

311.30

nra

Montgome. Ward

272

274 271

(72)

Nt. Distillers

23+

231*

272 23

271

271

231 231

N.Y. Central

28 281

281. 284

Socony-Vacuum

154 '154

152 154

281 153

282

15%

Un. Aircraft

18

18

18... 18 181 16

The opening rate was 1/4 5/16 sellers, 1/4 buyers but the tone essed off very early to 1/4 3/16- sellers. 1/41 buyers, the last rate received, however, was 1/4t sellers. Dollars were advised at 341 sellers, 34 7/16 buyers receding to 34 3/16 and 34. but a late" wire placed the rate at 34 5/16.

1.00 American Waterworks

431

5

201

201

Anaconda Copper Mining

22k

151.

147

Auburn

25

221

944

Bendix Aviation.........

·147 148

B

1.80

Borden Company

371

26%

267

18

Canadian Pacific

141

141

7

J. I. Casojen 0:50 Caterpillar Co.......

52

50%

103)

30+

272

27

23

54

321.2

U.S. Steel

381

381

381: 684 381 381

1.40 Chase National Bank -100 Chrysler Motors

26 bla 281bid.

401

10%

401 387

71

$14.60

(new)...

Westinghouse

304

36

36 361 36 unrecd.

$6

N.Y.-London

Cotton: October

36

Cotton: December

5.05 5.04% 5.041 5.041 5.041 5.04 12.36 12.43 12.45 12.48 12.45 12.40 12.50 12.57 12.61 12.81 12.60

12.54

Silver: September

47.20

market closed

Silver: December

47.80

12

Bandakan Lights ...

Rubber: September

14.53.

market closed.

$24

Telephone (old)

$21.80

Rubber December

14.74

$18

Do.. (now)

$12.10

$13.20,

+

| 10/103 ||

$12

$21

China Buses

Tractious

Do (pref.)....

Industrials

Malabon Bugars

Oadbyck, Hord,) 9.)

3191 Macgregora (praf.)8,

Wheat: September Wheat: December

91-

902 911

901

91

921

924. 924 921 921

Corn: September Corn: December

60+

60%

817

621

Suk: December

1.174

602 602 market.closed

-80% 60% 611 613

$1.00

18.70

Canton Icus

$3.85

Dements

TH

Ropes

386

++

MiscellaneouN

Dairy Farman)

Der A Wings......... -Amusements"

Mackintoshs.......

31

United Theatrow...§.

Bit, Ch.0.6%10250.Bde. 56"

“HK. Govt. 4% Loans

Providents (old), $14.

$2.80 $4.90 $3.85

Last

Last

34.40

price

recd.

London Silver: Spot.

2:21/8

21*

$26

*க

London Silver: Forward

21.1/4

(1

London Gold .....

237/7"

$4

54

$71

Ch. E'tainment......

London-N.Y., 2 p.m. rate .........

5.05.13/18

$1.85

Constructions, (old}{

31 70

70 otx,

Do.

(new) 71 ats.75 os

34.40

Lane Crawforda, nag

Liverpool Wheat: July 1. p.m.... 1/7.7/8 Liverpool Cotton: July 1 pm 6.59 London Rubber: Oct-Decemper

6.54.

121

Nanyang Tobacco...

Opening

buyers

$5 06

39

Binceres

$9.40

London Rubber: Oct-December

36.70

Watsons

$5.40

Opening

7.1/8

7.1/8 sellers

70 ats.

Wm, Powells

$2'

M.

1. Greyhounde

3. C. Enterprises

32

Sept.

New York Silver. 47.10/20

47.33/33 market closed

70

brem.

perm.

Do.

(THROUGH REUTERS)

Dec.

47.80/30

3+%

Jan.

Wallace Harper......

American Oriental Finance

48.15/15

$100

H.K; Wing Go

Mar.

"48.75/75

S'hai

Do.

$120 $115

Corporation and 8.E.

May

40.25/25

Levy & Company

ex-

H. K. STOCK EXCHANGE.

SATURDAY'S OFFICIAL QUOTATIONS

With the further rise change. Banks and Unions 815- tained further setback this mor- hing, being offer at $1800 and other $550, respectively. In the sections, there was a revival of in-d terest in Hotels, Yaumati Ferries, China Lights and Cements. Busi ness on the whole, however, was extremely natTÓW, DRAGSAN (BALES

Hongkong Banks, $1800.

Union Insurances, 8560/547). Hongkong Trams, $211. Cementa, $2.85.

BUYERS Underwriters, $1 Wharves, 8108.

Chinese Estates, 888. Yaumati Ferries, $20.55. China Lights (old). $87. China Lights (new), $8.30. Electrics, 872

Telephones (new), $12. Cements, $2.80. Dairy Farms, $26.

Constructions (old). 81,55. Constructions (new), 70 cts. Govt. Loan (4%), 84% Prem. Govt. Loan (34%), 4% Prem.

SELLERS

Hongkong. Banks, $1800,

Bank of East Asia, $90.

Union Insurances, $550.

Antamoks. 68 cts. Star Ferries, 81024. Electrics, $724.

New York, June 28.

June 28 June 29

New York Rubber July

14.06bid Sept. 14.33/33

Air Redtiction

100 XD 99

Oct.

Ewo Cottons, Sh: $114. Hotels, $5.80.

American Radiator. 14 Bendix, Aviation ..... Caterpillar Co. ......

1.1

Dec. 14.70/74

147

14

Jan.

14.84/84

271

271

Mar.

15.03bid

Electric Autolite Co. 21

214

| C-lette Safety Razor 107 McIntyre Porcupine 48 National Biscuit 1.35) Nati. Dairy Products 18 Otis, Elevator Standard Brands...

101

July 1.15 "

48

354

China sold. India and speculators bought. Quiet.

FURTHER QUOTATIONS

يانات

The following quotations from London were received on Saturday night between the hours of 9 p.m. and 11 p.m..

17 157 151 204 COMMODITY PRICES

New York Cotton

June 20

21.1/18 137/10.1/2

5:04.9/16 47.1/4

14.47/47 market closed

New York" SOK

Sept. 1.17 market closed Oct. 1.174 rec. 1.171

-A

201

July

Winnipeg Wheat

Oct. 781

784-781 70

787-781 781- 793-791 791 Chicago Wheat 901-901

90 -90

·902-90%

801-891

Dec. 194

fan.

12.50/50 12.57/58 12.57/57 | July 12.55/55 12.63/63, 12.62/62 ¦ Sept. ¡ Mar.

12.64/64 12.73/74 1273/73 Dec. 'May" 12.75/76 12.81/81 12.82783

12.35 Spot

12.45 Rept. *(1935).

Dec

June 30. Closing Opening ClosingSept.. July 12.15/15 12.22/22. 12.32/22 Dec.

Oct, 12.35/36 12.43/44 12,42/44 Dec.

July.

011-01 921-921 921-921

90:-901

917-914

New York Bugar

1.67

1.71 1.80

market closed

Chicago Corn

601-601 601-60) 61-61| 617-811 » 021-624 02-621

THE SHARE MARKET

Harriman's

Weekly

Report

Mr. G. A. Harriman's weekly share report and market review is- sued at noon on Saturday states:-

1. Gillette Safety andnin 1.20 Gold Dut........ 0.80 International Harvester 0.10 International Nickel

International Tal & Tel. 4.00 Liggett & Myers "B" 1.00 "Loew's ... 2.00 Mc Intyra Porcupine

-Montgomery Ward..... 2.0 National Biscuit 100 National City Bank 1.20. National Dairy Products

National Distiller

We have experienced a very quiet imarket during the week, under re- view with very little business, pass- ing..though rates generally were fairly well maintained. Due to the rise in exchange, Hongkong Banks and Unions eased off a little closing with sellers at $1826 Invest- and $565

respectively. ment issues remained comparative- ly steady with enquiries for Hong- kong Trams at $21.25. Star Ferries at $100. Hongkong Wharves at 5108, and Dairy Farms at 828.1.60 Hongkong Lands were rather ne- glected at $59.00. Hongkong Elec- trics, after business at 8721, had, sellers at $72) Telephones came to business at $241. The in- teresting but somewhat myster- 100s feature of the week was the mild slump in Raubs which

to declined

a selling rate of $13.00. Among the minor issues Cements showed renewed 'strength thetr Hok on the re-opening of Un Works and rose steadily from $2.70 to $2.85. Hotels remained very steady, around $5.85. China Lights were transacted at $8.80. Hongkong Ropes were still weak -Providents with sellers at $4.40. remained unchanged with per- sistent enquiries at $1.75. The. tone of the market at the close is very quiet.

Nas

Business during the week been done at the following prices:

Hongkong Banks, $1,825-/40. Unions. $572).

Hongkong Lands, ,859. Hongkong Trams: $21.25. Hongkong Electrics, '$72/73... Telephone (old), $24,75, Telephones (new), 812.15, Hotels, $5.85/5.90. China Lights (old), $8.80. Cements, $2,70/2.85.

China Underwriters, 81.25.

Nanyang Tobaccos, $5.05. Ewos, 8h. $11.50/65. Gold Rivers, 27 cts;:: Antamoks. 67 cts:

1.00 Standard Brands

LATE NIGHT CABLE

E.

The following cable received on Saturday night, was forwarded by the American Oriental Finance Corporation and Messra. 8. Levy & Company:- A.O.F.C. New York Cable

Stocks: At the opening the Market was irregular. Business was light.

BRITISH CRUISER VISITS

GERMANY -

[Special to the “Hong Kong "Dally Press" (Copyright.)]

Kiel, Jung 29. The British 7,000 ton cruiser, H.M.S. Achilles, one of the most recent additions to the British fleet and bearing two catapult airplanes dropped anchor here no an eight day courtesy vialt Transocean Kuo Min.

Cotton:-There was some Far Eastern, European and domestic selling pressure, though there were Buying at the Opening with no some, realizing sales,

3.40 Consolidated Gas of NY.

341

·331

640

Curtis Wright.....

34

31

M

2.00 Du Pont de Nemours

90+

88

1031

2.00 Eastman Kodak....

99

972

1003

46

Electria Auto-Lite Co.

211

214

31

#% Electric. Bond & Share ******

.15%

147

:

Electric Power and Light...

48

27

51

53

0.40 General Electric

20 xd 194

1.60 General Foods

311

32

1.00 General Motors

17 311 304

49

اولى

107 104

20

192

97

337 33

461

261

26

29

131

129

21

961 951

894

281

28

384

48

48

50

18.

284" 271

.35g

81

351

351

B04.

31

· 28 bid 28 bld

42

161

181

174

254

101

24

23

201

0.60

NY. Central..... Otin Elevator

291

281

581

14

151

15%

Pacific Gas & Electric

254

101

181xd 131

314

16

Packard Motor

134

33

BL

0.50

Perinsylvania Railway

11

311

304

42t

Badio Corpn.

134

71

*

12

3

Sears Roebuck

431

411

0.40 Socony-Vacuum Corpa.

12

16

151

19%

*

Southern Pacific

25

24

201

204" 201

372

Standard Gae ....

111 11

1.00 Standard Oil Co. of New

Jersey

109

444

44

1.00 Texas Corporation 0.124 Trans-America

21+

101

237

232

1.00 Union Carbide & Carbon 6.00 Union Faciác......

511

421

183

122

123

United Air and Transport...

107

18

182 181

United Corporation United States Steel Westinghouse E. & M.

14

51

51

301

381

#

199

374 361

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