12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sharebrokers'
Association
Buveru
TUESDAY.
(Nursion)|
Ballore Buyers
Dusuna
JULY 10,
$17.20
TRK
21.770
£28
215
Banks
Н.К. Вадка
Da (London).
E18) Chartered Banks....
Mercantile Rks. “A
Do
Bank of East Asia...
SBB
N. G. & S. Barks ...
$3.0
$20
Am. O. Fin. Corp:
8.
Ch. Fin. Corp Ord. S.
35
Do. Pref.
"
Insurances
Canton lusPMIIDOS ..
390
$35-$
Underwriter. ******
51:20
$130,
5228
+
$1.90
Caion usuraELOOS ---
3:40
ቡና 113
China Fires
~3230
H.K. Fins.
$235
1
'International Anaca. S.
16
"Shipping
·S41)
Douglas
*#41
#7
Stean:bosts
130
innlos (pref.)
133
Do. Ulet.)
$30 $35
4040
Shell
•123
Waterboultr
$13,
. Mining
338
40 ***
17 la.
::
Gets. Amtamoks
Balatcon
159 o'a.61 cta..
Baguio Gol!
40 otu:
$32
Beagnet Consolidated
Do. Exploration
124 et.
Do. Goldfield
112 rs.
Big Wedge.....
28 cts
Gold' It ver..
112 C
-3 ct. 28 oth.
32
Gold Creek.
Ipo Mining.
Itogons
18/
Кадана
97/
$21+
Langkat (angle) 3.
$21
45
35
.16
-$12.80
$7
Exploration......
Shanghai Loans
dinube
Venezuela Gold Fi
Docks, Wharvel,
Godowns, eta,
H.K. & K. Whares. $108
$107
$1.70 bacter
Providente (old
Da. (LGW)...
.K. & W. Docki
12
13
$131
3. ..
China Motors 'A'
Do.
Shanghai Docks
S.
New EngineeringY.
8392 Longkows (old) S. 1J0. (new) B.
91.7081.80
331 19 sts
***
HONG KONG DAILY PRESS, WEDNESDAY, JULY 11,
1934.
NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E.
LEVY & CO.
New York. July 9. The American Oriental Finance Corporation report through their New York agents, Mesars E. A. Pierce & Co.. states:-
StocksThäre seems 10 be absolutely nothing on which to base a opinion. There does seem to be some further liquidation of motion picture issues, and we also think that there are some signs of profit-taking in so-called silver stocks. Steel operations are now at 27 per cent. of capacity.
Wheat: The continued liberal movement of Winter wheat and the large increase in the visible supply is discouraging holders and further curtalls support of the premiums in Chicago, though they are being maintained in Kansas City. "...
Cotton: There is continued dry and hot weather in the West. The cultivation of acreage compared with last year's figures of 68.6 per cent. looks higher.
Silver:Silver futures opened
''
New York, July 9. Messra S. E Levy & Company'a' report, through their New York
MARKET
MESSRS. ROZA BROS. REPORT
Sales were made in the Silver market in London yesterday for account of China; the market was supported by speculators, closing on the steady side but without indications to future move-
BS
ugents, Messrs. White. Weld & Co.ments, Prices were lowered 1/16 states:-
a 20 3/4 and 20 7/8 for Ready and Stocks: Prices are still fluctuat-Forward respectively. The price in ing within an extremely, narrow range. We continue to recom- mend accumulation on recessions.
Business done:-320,000 shares. Bonds: High grades are again high in demand, making new levels, but holders are reluctant to sell because they are unable to find replacement funds. Second grades are a shade batter.
Cotton:-The Government es- timate of the crop was under gen. eral expectations. causing an ad- vance of 30 points on moderate trading, While we believe that cotton will sell higher, we would be inclined to take profits on fur- ther bulges.
Silver:-Prices were easier, with few bids throughout the day.
Rubber:-The market was quiet but steady. We would continue to on reces-
31
dull and unchanged, but later de-recommend purchases clined, probably reflecting the de- sions. cline on Foreign markets. Scat- tered quidation of distant post- tions tended to narrow differen- 6.80 ces.
Interests reputed to be act- ing for official sources continued to absorb near positions.
145 ct.
19
$131
ས་
on Wheat:-Prices were lower
Local interests are quidation. awaiting the Government estimato to-morrow afternoon. We would the scale recommend buying on down.
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.
COMMODITIES
July 9
July 10
Close Open 10.30 11.00 11.30 Mid-day 5.037 5.032
New York was lower at 40 1/2 and the market on the easy side.
Sterling opened in New York at 5.03 7/8. closing at 6.03 3/4.
Market
The market opened with in- dications of easiness but subse- quently firmed up slightly.
Sterling
Was on offer at 1/5 7/8 with buyers at 1/5 15/18. Business was done at 1/5 29/32 and subsequent- ly 1/5 15/16 for near delivery. At the" lunch hour 1/5 15/16 was on offer with buyers at 1/5 31/32
U.S. Dollars Opened with a selling quotation. of 37 9/16, buyers at 37 3/4. Sub- sequently 37 11/16 would have been accepted for July and busi- nesa at 37 3/4 was reported for August. The 1 o'clock tone was sellers at 37 5/8 July, 57 11/18 August with likely buyers at 37 11/18 July and 37 3/4 August.
Yen Yen: 125.
Shanghai Dollars 110 11/16 for near, 110 3/4 for forward, business done.
LI
A
Shanghai Market Sterling was quoted at the 'open- ing at 1/4 1/8 sellers with buyers at 1/4 3/16, the market steadying up later by 1/16. Dollars opened at 33 13/16 sellers, 33 7/8 buyers. steadying later to 34 sellers, 34 1/16 buyers but subsequently reacting to 33 15/16 and 34 sellers and buyers respectively.
IN THE AFTERNOON
As usual, the market was quiet in the afterfioon. The tone was steady early in the session but eased off somewhat inter
Sterling came to Business at 1/5 15/16 for July and 1/5 31/32 August. Nothing was reported in Dollars. The market closed with possible sellers at 1/5 15/16 July- August. buyers at 1/5 31/32 July- August. Dollars, sellers at 37 5/8, July, 37 11/16 August, buyers at 37 3/4 July-August.
Shanghai Dollars Were 1/8 lower at 110 5/8 Chi- nese buyers,
Night Quotations
of New York Stocks and Commodities
Our offices are
open from p.m. until
midnight, " every night except Sundaya and New York holidays......
The opening quotations of a selected list of Now York Stocks and of Commodities will be received in our offices ut approximately 15-minute intervals, in
Thus, our clients have, on the same evening, quotations. fer" the morning session of the New York Stock Exchange.
Advices of executions on orders placed during the night aoss ons are received within the half-hour.
American Oriental Finance Corporation
Asia Life Bldg.
Federal Inc. USA. Fong Kong.
Tel. 26631.
NEW YORK STOCK EXCHANGE
THROUGH REUTER'S
AMERICAN ORIENTAL FINANCE CORPORATION
AND "S. E. LEVY & CO.
New York: July 9.
QUOTATIONS
New York, London Cross-rate Now York Cotton-October
Last Today's
High Low Close Close
Change
5.0 5.034 5.01 0.03% of of quiet 12:45 12.07 12.07 12.41 0.34 mp
New York Silver -September 47.19 46.70 New York Rubber-September 14.40 14.72 Chicago Wheat September, 8937
873 891 Chicago Corn September" 54" 362 New York Silver (Business done San Francisco, price) Dow Jones Averages,
30 Industrials
20 Rails
20 Utilities
DIV. & PIR. SH.
48 71 0:49 off
14.80 0,69 off
- 871
1 off
681
08
47 487
48**
461
Q of weakc
·0) off.
July 9
High-1933/34 Low: July 7.
American Radiator....... American Sruelting....................
9.00 American Tel. & Tel. 5.00 American Tobacco "R 1.00 American Waterworks
1.00 Borden Company
Canadian Pacific
J. I Caso
woak
Change
97.04 0.11 off 43.80 0.03 up
84.78 0.16-up
55 91
LART SALE
· July 7. - July 8
110.74
30.16 97.15
56.94
25.43 43.57
37.73
19.33 23.77
23.73 0.04 off
** 40
Bonds
95.21
73.21 94.82
11 Commodity Index
60.44
41.98
1933/34
HIGH
3.00 Air Reduction 6.00 Allied Chemical & Dye 4.00 American Can
112
Low
477
$991.
897 bld
160
701
135
1351
1071
49)
981
10
42
131
35)
101
413
1241
多
1154
941
771
191
20
15
Anaconda Copper Mining Auburn
221
&
141.
147
233
841
Bendix Aviation
142
237
37
18
20%
103
0.50 Caterpillar Co.
33
421
ཀླི | | |.}| }}8 | 9 | | ཡཽ 1 |:|# } |
42
143
Shanghai Market No change in ouotations. but the shade tone was reported as easier following 'Gold Bars.
1.40 Chase National Bank..... 1.00 Chrysler Motors...
40)
191
3.40 Consolidated Gas of N.Y.
848
31
AL
Curtis Wright
5t
1.00
Da Pont de Nemours
203
231
3.00
Eastman Kodak
1001
514
Electric Auto-Lite Co.
31%
921
H. K. STOCK
8%. Electric Bond & Share
Electric Power and Light.
43
15
157
32}
13*
291
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The steady tone reported in our last issue continued to day with
further enquiries for most of the principal industrial Stocks.
BUYERS
Hong Kong Banks, $1,775. Union Insurances, $530." Underwriters, $1.20.
1:00 General Motors
Gillette Safety
1.0
1.20 Gold Dart
0.60 International Harvester
0.10 International Nickel
International Tel. & Tel. 4.00 Liggett & Myers B 1.00 Loew's Inc. 2.00 Mc Intyre Porcupine
Montgomery Ward
-
National Biscuit
0.40 General Electric
301
10
1.60. General Foods .....
39%
42
21t
27A
407
39
· 211.
990
364
00%
35
2.0
604
100 National City Bank 1.20 National Dairy Products
#43
201
National Distillers
41#
N. Y. Contrai k
584
H.K. Fire Insurances, $228. Balatoes, $32.
0.00 Otis Elevator
25+
Bagulo Gold;, 40 cents.
-1.00 Pacific Gas & Electric Packard Motors
314
Benguet Explorations, 17 cents. Raubs, $12.60
0.5C Pennsylvania Railway
43)
Radio Corpn.
121
Sears Roebuck
0.40 Bocony Vacuum Corpa
Southern Pacific......
· 19
1.00 Standard Brands
378
Standard Ga
29
1.00 Standard Oil Co. of New
Jersey
31-
F
51
133
+
144
* q r s t r = ------****-*---5--==-*--* ******-15
261
137
51
271
271
27 bid 281bid
40
78:
331.
માં 31
1
901
971
211
72
32
:::::..
35
54bid 51
191
.31
32
4114
20bid
324
257
12
961
201
482bid 49
349
28
35
273bid 27 bid
181
181
23+ 231
281
28
15adid 156
173bid 171
31 31
1..
301
ack
BA "61
424 432
16
15%..
241
237
21
201
10 bid 100
44# 442
237 231
6
"et
441 44
120
120
17
171
51
$2
39%
397
367
384
$32
Lands, Hotels, and]
Buildings
$1.86,
H.K..How ......$5 O
158
H. lands........
$66
$27
Saanghai Lands....
SH
Metropolitan Lazda...
551
H.K. Realties
$5.40
Sterling
STRA
China Do....§.
Cotton: Oct,
$137
Do Debontoros S.
Cotton:"Dec:
310.
Humphreys .....
Silver: Sept.
12.41 12.49 12.52 12.5 12.57 12.55 12.64 12.62 "12.73" 12.71" 46.71 48.90
12.57 12.72
New Asia Hotel
546
$140
32U
Anis Realties "A"S.
Do..
Silver: Dec.
47.30
46.70
"B" S.
Silk: Dec.
1.161
1.17 1.188
Ewcs
173
China Estat......
Cotton Mill
.............
Stadi Cottuunfold)S.
Rubber Sept.
14.80 14.91 1496
Rubber: Dec.
15.18
15.32 19.43
1.160 15.10 15.48
Chicago Wheat: Sept.'
872
881
89
Do.
(now S.
Chicago Wheat: Dec.
891
901
GOL
311
Zong Sings..... S.
211
Corn: Sept.
563
58
581 58
102
Wing On Textiles(5.) 368
Corn: Dec.
57
Public Utilities
"Whin. Wheat: Dec,
782
581 561 771
5811
#21.16
Tramways
72110
816
Poak Tus (okl)...)
$14.80
STOCKS
*i
Do. (new)...
10,
310
Star Ferrics
$100
Am. Smelting
412 413
2411
424
$0.10
Yaudiati Ferries
China Lights (oid).......
Anaconda Copper.
141
-141:
14
143
$9.10
Auburn.
234
$8,60
Da.
(20W).
28.65
Baltimore & Ohio
22
221
$721
H.K. Electrics ..............
3721
J. 1. Case
51
$:0
Macao do.
12
224.85
8/
Sandakan Lights...
Telephuco (old)
Do
$13.20 China Buses 5.
Tractions
16/10 Do. (pref.)..
Industrials
Consolidated Gas
337
331
341
325
Dupont
201
904 91}
(Dew)
312.10
,,Elec. Bond & Share
15.
15
General Motors
32
312
32
Inter. Tel. & Tel.
12+1
McIntyre Porcupine
49
121 401
121
49
312
Malabon Sugara
Montgomery Ward
28
23
283 287
321
Caldbeck, Tord.
Natl. Distillers
231 231
Sint Macgregors (pref.)8.
N. Y. Central
281 28+
287
$1.70
Canton Ices
32)
121
Cements
Socony Vacuum
151
151
12 70 12.80
$44
Ropos
14.40
Standard Oil of N. J.
441
441
Miscellaneou
United Aircraft -
171
177
330
Dairy Farm ...
U. S. Steel"
391 394
40
Der A Wings...
Westinghouse.
367
361
371
37
J4
'Amusement
14.10
Dow Jones Avg.
97.40 · 97.01.
$7;
Ch. Etainments..............] 374"
31.05
70 -0.
$4.30
321
Constructions, (old)! 160
new 73 ct.
Lane Crawfurdim......| $4.45
Mackintosh
Nanyang Tobacco... $5
Biaceros
Watsons
Greyhounds......
70 cm. Wm.
Powello.......................
$2
M.
$1
S. U. Enterprises
39
United Thestra... 8.
n
87 Ch.6210250.7 Bds. £5°),
1.K. Govt. 4% Loran|
Do. 31%
Wallace Harper....**
H.K. Wing On
19
$106
S'bai
'Do.
111 ཀྱི པ 1:| ཕྱོས g
LONDON SILVER
London Gold: £8.18.04+1d.
London Rubber: 7.3/16 unchanged 7.6/18+1/16. Noon: 74.
Market steady.
Liverpool Cotton:"6.56 + 22.
Liverpool Wheat: 4/114-
London Silver: (8) 20 9/16-3/16" (F) 20 11/16-3/18. Market. London-N.Y: Cross: Noon 5.03; 2 p.m, 5.03 11/18.
COMMODITY PRICES
$120 $115
New York Cotton
Dec. 1626-15:10.15.11 Jan. 15.28 15.20'15.21 Mar. 15.50 15.48 15.48 Spot Total zales:
15.18 15.18 15.29,15.29
15.50 16.50 145 lots
MUNICIPALITY LOAN
APPROVED
New York, July 9. July 7
July 9
Closing Closing Opening July 11.88 11.90 11.80 12.25. 12.25 Oket. 12.07 12.08 12.09 12.39 12.41 Dec. 12.20 12.21 12.21 12.54 12.55 Jan. 12.25 12.27 12.27 12.59 12.59 Mar. 12.34 12.37 12.37.12.89 12.70
Chicago Wheat
$5.32
.
July
851 88 881 .88 86% Sept. 891
89 887 871 872 Dec.
89 891 90 901 901 Total sales on Saturday: 6,478,000
bushels
Chicago Corn
July
Sept.
67 581 Dec. 584
57
587 582."58 58
#.
,551 55%
57 567
581
571 57
Total sales:
: 3,601,000
bushels
Winnipeg Wheat"
761 78
761 702 78
751 751 734774 781 782
For Big Public Works
Nanking, July 5.
issuance of the loan were adopted May 12.45 12.46 12.48 12.77 12.77
at the 65th meeting of the Legis-Spot 12.10 lative Yuan last Friday. The full text of the regulations is now
For the improvement of the roads and bridges in Chapel and Nantao construction of a public
ground, musaum, available, recreation library, hospital, and slaughter house and development of other municipal enterprises in the Civic Centre, the Government authoriz-. ed the flotation, on June 30, of a :seven per cent. 23rd Year (1934) Greater Shanghai Munfelpal Lasn of $3,500,000.
(1935).
New York Silver
12.45
The loan will bear interest at Sept. 47.20 47.05 47.20 48.71 48.71 40.85 46.85 seven per cent per annum and Oct. 47.34 unquoted will be issued at 98.
Interest will be paid semi-Dec. 47,70 47.45 47.50 47.00 47.30 Jan. 47.92 48.05asked 47.25 47.25
unquoted" 47.75 47.75 July Mar. 48.40 annually on June 30 and Decem
77? ber 31.
791 19 791 Total sales:. May 48.96 48.60 bid #47.76 47.75 Oct....
**Possible mutilations
New York Bugar
1.70 July
1.68 1.20 Sept. 1.75 1.73 1.73
Commencing with June of the 24th Year of the Republic (1995), "A contract has been signed by redemption of principal will be the City Government of Greater made by annual drawings, to be Shanghai with Swan, Culbertson completed within a period of 12 & Fritz in Shanghai for the un-years Le. by June 30 of the 35th Year of the Republic (1946)Kuo derwriting of the loan
J
tions governing the. Min.
44 lots
New York Rubber
Dec.
Wharves, $107.
Ewa Cottons, Sh.$11.10. Hotels, $5.85...
Hong Kong Lands, $571. Realles, 351.
Chinese Estates. $86. Hong Kong Trams, $21.15. Yaumati Ferries, $21. Telephones (Old), $241, Telephones (New), $12. Dairy Farms, $28. Lane, Crawford's, $4.30. Constructions (Old), $1.55. Constructions (New), 70 cents. Govt. Loan (4 per cent.), 81 per
cent. Prem.
Govt. Loan (3) per cent.), 1 per
cent. Prem.
SELLERS
Ipo-Mining, $4.
Itogons. $3.
Humphreys, $10,30. China Lights (Old), $9.
New York Bilk
111 1.16 1.114 1.114. July 1.13 Sept. 1.15 1.141.16 1.15 115 Dec. 1.164 1.15 1.16 1.16 1.16
Total sales:
48 Ints
1.00 Texa Corporation
0.12) Trans-America
100 Union Carbide & Carbon 6.00 Union Pacifio....
United Air and Transport... United Corporation United States Steel Westinghouse E. & M.
LATE NIGHT CABLE
The following cables were re- ceived last night by Mesars, Amerl can Oriental Finance Corporation London Forecast Dull and telesa conditions" are expected to continue to prevail in Wall Street.
521
recover.
Wheat:--Prices are expected to
Weather conditions in the
American and European Spring Wheat Belt are bullish.
Rubber:-Higher.
A.O.F.C. New York Cables Commodities: There are more suggestions of scarcity than of an abundance of offerings, but in the absence of news a narrow range seems likely.
Silver: Lower and narrowing differences on scattered; liquida- tion and spasmodic control; run- port
will probably advance, owing to "widespread re Cotton:-Demand good but not cognition of the effect of the suficient to absorb considerabia
selling at upper limita.
July 14.56 1445 bid: 14.54 14.54 Sept. 14.82 1472 14.73 14.80 14.80 Dec.
14.93 14.93 14.93 14.83, bid Oct.
4
1.89 181 18i
Total sales:
1.89 1.70
New York Metals 1.74 1.74 1.82 1.82 Copper. October 4,000 tons Tin, October
Collon:-Prices
7,02
7,00
51.70
61.70 10,500,000-bales crop outlook...
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