1934-07-14 — Page 12

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DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Buyers JKILOB

Sharebrokers' Association

FRIDAY, JULY 13.

Bürorless

20 Gáma

$1.770

mun ge bun ungunn

TBʊ ota,

1136

210

£98

£15

$84

#x0

Banka.

*H.K. Banks

Bo. (London) ... Chartered Banks ...

Mercantile Eks. "A"

bour of East Asia...

N. 0, & S. Barkı

Am. O. Fin. Corp:

Ch. Fin. Corp. Ord. 9.)

Do Pref. 8.

****!!

£18 £28

£15 584 36.20

Insurances

Canton stra088,

Underwriters

3295

632/30

Union Insurances...

#:35

1510

China Fires

H.K. Fires

International Assoc. S.

*550 $235

Shipping

41 Douglas ******

141

Steamboats

$30

Indos (pref)

13!

(def.)

Shelfs

4 10

$19

$321

42 ct

$39

Waterboats

Mining

Amtamoka......

Balateos

Baguio Gol!

Benguet Consolidated

Do. Exploration Do. Goldfold

Wedge...

Gord River..

$30 $35 30%"

60 st.)

1:1

<2) 43jota.

131 119 ctx

12 cts. 97 20

30 ct-

12 ats.

20ata

躁

Gold Creek...

Ipo Mining.

Itogons

15/-

$21

Langkas (single) S.

Explorations.......

$61

Shanghai Loans

$7/-

15 36

$12.80 Raubs-********

$.5.10

Yonezzem Gold Fida.

Docks, Wharton,

Godowns, sto.

108

$100

H.K. & K. Wharrea

-$1.65

50 cts

Providents (old)

il.K. & W. Docka

$131

(new)...

5. China Motors' A'

Do.

Shanghai Docks S.

New Engineerings. 8359 Hongkowa (old) B. $320 Du. (new) N. Lands, Hotels, and

..Buildings

$1.60 $1.7031.70

6,80

$108

40 -

$131

302

HONG KONG DAILY PRESS, SATURDAY, JULY 14, 1934.

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

New York, July 12. • The American Oriental Finance Corporation report through their New York agents, Mesira, E. "A. Pierce & Co., states:—

Stocks-The character of the market remains unchanged essen- tially. The volume of business has declined on a moderate recession. with the main buying, interests confined to investment caliber. Business done: 470,000 shares.

Wheat:-The sentiment of the

market was almost unanimously bullish. Although realising and hedging sales caused a reaction receipts keep. large. Soft wheat was offered freely. The premium Inaintained in the Winnipeg mar- ket evidently reflected the Cana dlan Government crop report.

Cotton:The market acted well considering the extent of selling and the fact that the weather is unfavourable., Realising sales and a let up in specplative demand caused a set-back. However, Trade buying improved, on this set-back due to improved demand for goods. There was also some nar- rowing of the premtum on distant months, compared with near-bys.. Silver: The market was featureless, showing evidence that speculators are becoming some. what tired. "A fair volume of bust- ness was offered at from ten to twenty points above the market price.

H. K. STOCK

EXCHANGE

WEEKLY REPORT

We have had a steady, market during the week under review with a fairish turn over in most of the principar industrial Stocks both New York, July 12.

for cash and forward deliveries At Messrs. 5. E. Levy & Company's | the close there is a better demand report, through their New York for. Trams and Telephones · after agents, Messrs. White, Weld & Co. | the declaration of an Interlin divi- states:

dend of 40 cts. for the old and 10' cts. for the new, have been placed at slightly higher levels. Electrics would appear to have resisting any further drop at $711, business reported at that price and later on at' $12. Hongkong Hotels, Cementa and China Lights have fallen away and close on the weak side.

Business Done During The Week Hongkong Banks, 31790. $1780,

$1776,

Stocks:-We would mit any further buying to minor recessions. "Our opinion of the market remains unchanged and we believe it to be still a trading affair. Business done: 470,000 shares.

Bonds:-High-grade bonds are better, with the volume of busfriess smaller. Second-grade issues re- main unchanged.

Cotton:-Liquidation, local #all- ing and lower cables caused the market to ease. We continue to advise the taking of profits on any "sharp advancès, anticipating some-

what lower prices later.

Silver: The market ruled quiet but steady.

Rubber:-Comrilssion-House and

speculative selling caused stop- loss orders in a working market Prices may go lower and, we be- lleve that advantage should be taken of sharp recessions.

Wheat:-The market ruled hedge qulet. Profit-táking and sales are increasing on advances.

Woolworth have declared a diri- dend of sixty Cents falling due on

August 10 and payable on Septem-

ber 1.

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 11

Bank of East Asia, $84. Union Insurances, $538, $532,

$530.

H.K. Fire, $230.

Wharves, $108, $107, $106, $108.

$109: Docks, $12. Hotels, $5.95. Lands, $58. "Tramways, $211.

China Lights (new), $8.60.. Electrics, $718, $72," Telephones (old) $24.85, $25.

Cements, $2.72. Dairy Farms $264. Constructions (old), $1.80. Constructions (new), 75 cts. Antamoka, 60 cts. Baguio Gold, 42 cts..

Shanghai Cottons, (old), 8h. 375. S'hat Cotton (new), Sh. $42}.

·Govt." Loan (34%); 1% Prem. Changes (3.15 p.m.) Closing Quotations.

BUTERS

Hongkong Banks, $1780.

Tramways, $21.20.

SELLERS

China Providents (old), $1.70.

Electrics, $72,

SALES

Investment Securities and Commodities

American

Asia Life Bldg.

We offer you

Daily Quotation Service

and

Every Facility for Trading through our New York Correspondents

E. A. PIERCE & CO.

Oriental Finance Corporation

14, Queen's Rd., C

Federal Inc. 1.9.4.

Hong Kong.

· Tel. 26631.

NEW YORK STOCK EXCHANGE

THROUGH REUTER'S

AMERICAN ORIENTAL - FINANCE CORPORATION

AND S. E. LEVY & CO.

QUOTATIONS

New York: July 11"

Change

Last Today's High Low Close Close New York/London Cross-rate 5.01 3.034 5.04 3.0% of out: Dull Now York Cotton-Octobër 14.92 12.77 13.00 12.80 50 of New York Silver September 4, 46.94 47.20 47.10 0.10 OF New York Rubber-September 15.20 14,08 18.15 14.84 0.31 off Chicago Wheat September 98 94 934 941 1 up

-September 58

New York Silver(Business done

Chicago Corn

San Francisco,

ST price)

47 09 691

407 47

Dow Jones Averages, High-1933/34 Low: July 11.

O up. Dull

Oi ap. Dull

July 12 Ubange

95.32 0.35 of 43.61

0.68 of 23:19 0.33 of 195,18 10.30 tip

57.83 0.81 of

35.700

R.K. Hotele **** 202

15.80 85/5,80

H.K Landa...8.

$58

327

Shanghai Landa...

$14

Metropolitan Landa.

201

H.K. Realties......... $8.40

$15 China Do

3137 Do Debeatures 5.

Sterling

- July 12 Close Open 10.30 5:03 5.038 5.03

$140

$20

$86

512

173

Do.

sae

$25.10

$218

$16

$10.

Star Forries ....

191 $8.70

$8.60

110.30 Humphreys

Now Asia Hotel Asia Renities "A"S.

Do.

"B".

Chinese Esta tos, .....

Cotton Mills

EOS.........$11.20

Shat Cottoas(old)S.

Zoong Sings

Wing On Textiles(S.) $60

Public Utilities

Tramways .............. 121,10

Posk Trams (okk) .......

Do (now)...

Yaumati Ferriol

Chins Lights (old).

Do (new)...!

$10

Cotton: October Cotton: December Suver: September

Silver: December Silk: December' Rubber: September

(new)S.

Rubber

December

11.00 11.30 Mid-day 5.038 5.032 5.03 12.80 12.88.12.98 12.94 12.04 12.92 13.06 12.95 13.08 13.13 13.10 13.09 47.10 46.75 48.75 48.75. 48.70 46.70 47.70 46.858 46.858 48.858 46.85e 1.18

117 1178 14.34 14.75 1480 1476- 14,75 15:23 15.21 15.13 15.15 15:13

46.85%

1.178

14.65

15.05

Chicago. Wheat: Sept. ... 941

941."

941

94* 94

Chicago Wheat: Dec.

961

96)

057

959

954

Corn: September

59+

592

591

59+

Corn: December

108

601 60%

80%

$14,80

Winn, Wheat; October

814 817

811

ко

STOCKS

1211

$8.80

Am. Smelting

19,

Anaconda Copper

141

671

11. K. Electrics ......

380 12

Macao do.

Acburn

247

Sandakan Lighte...

Baltimore and Ohio

23+

$242 $25 112

24.85/25

Telopliunea (old)

394.86

J. L Case

521

Do.

(new)

$12.10

Consolidated Gas

331 33

$13.90

China Buses. .

Dupont

0/-

Tractions

Elec. Bond and Share

141

18/101

Do. (pref.)..

1 Industrials

·General Motors

317

$12

Malabon Sugari

381"

Caldbeck, ON

318 Micgregors (prof.)8.

82.70

Canton Ice

Inter. Tel. and Tel. McIntyre Porcupine Montgomery Ward.

121

282 281

321

Natl. Distillers

221

$4.72

Cements

$2.70

344

Kupus

14.40

N. Y. Central

281

MiscellaneoRS

Socony Vacuum

15+

320

Dairy Farms

$28

Standard Oll of N..J.

441

Der A Wings.

United, Aircraft

Amusementa

14.30

$74

VLCD

Ch. F'tainmente......371

Constructions, (old)] 11 66

U. B. Steel

,393

Westinghouse

371

17།།1388 |j སྶ །༄ ༐ ། :|ཙྪིཾ

414

424

141 141

142

221

512

$21 $12

141 ·141

142

32+ 321 31F

317

121

12) 72

127

484

281 28

281

22+ 221 213

217

271

272

151

152

157

.. 447

442

181

189

39%

391

382 361

361

70 ob

Do.

(08) 73 16

Dow Jones Ind.

88.32

$4.30

"Lain

Crawford.....

34.43

LONDON SILVER

$21 Mackintosh

Nanyang Tobacco... $5

| 310.60] Binceras

$5,40 Watsons

170 ots. Wm. Powells

M. Greyhounds

SC. Enterprise

$104

United Theatres ....... €. 877.0.5%199&0.9 Bda 55

14,5. Gort, 4% Loans

Do. 21%

Wallace Harper.......

$108 R.K. Wing Oo

pren.

рег.

B'ha

LATE NIGHT CABLES

The following cables were re- ceived fast night by Messrs. American Oriental Finance Cor- poration.

con-

London Forecast Stocks: We expect dull ditions to prevail in Wall Street in view of the recent apathy to the strength of commodities and the unlikelihood of any change in the existing domestic situation.

Wheat: A lower and irregular market is expected, owing to pro fit-taking.

Cotton:-Prices are expected to advance. in sympathy with Liver- DOOL

Other Markets: Easler;

AOFO, New York Cables Stocks: Coastal

disturbance.

Do.

Yokohama Quotations

165 eta.

gix

$120

July 12, Spot

Yen 490 Bourse six months... Yen 497 New York' Quotations

July September December

**** 1.18 New York Quotations are obtain ed through Courtesy of American Oriental Finance Corporation.

London Gold: 6.18.0) (up 14.).

London Rubber: 7.5/168, 7.3/8s-1/16. Noon 7.5/188. Steady. Liverpool Cotton: 6.89-7 points: Liverpool Wheat: 5/18—4 London Silver: Spot 20.9/16--3,16. Forward 20.11/16 3/18, London-N.Y. Cross: Noon 5.037+i. 2 p.m. 5.03.13/16..

COMMODITY PRICES

Chicago Wheat,

July 921 94 937 Sept. 031 941: 94 Dec: 95 98 96 Total sales: 10,009,000

New York Cotton

New York, July 12. July 11

July 12 July 12.30 12.71 12.72 12.64-12.04 Oct. ∙13.00 12.88 12.82 123.78 12.89 Dec. 13.15 13.03 13.05 12.94 12.95 Jan. 13.20 13.10 13.09 12.97 12.97 | July Mar. 13.28 13.18 13.17 13.04 13.05 Sept. May 13.37 13.24 13.24 13.11 13.11 ¦ Dec. Spot 13.00

.12.85 *(1935).

New York Sliver

bushels

Chicago Corn

601 unquoted

601 58

*621 ·611 591 Total sales: 7,957,000

ין

bushela

THE EXCHANGE

MARKET

MESSRS, ROZA BROS. REPORT

Silver prices in London yester- day was 20 for Ready, and 201 for Forward, in both

instances

the rise being 1/16. India COM- tinued to support the market ab- sorbing sales, for account of China. The market closed without any special feature. The price in New York was 49.30. The market was dull.

"New York quoted Sterling at the opening at 5.03 and the rate

closed at 5.034. "

Market

Steady but stagnant.

Sterling

3.00 "Air Beduction ........... 8.00 Allied Chemical & Dye 4.00 American Can ..........

American Radiator................. American Smelting....... D.00 American Tel & Tel. 5.00 American Tobacco"В" 1.00 American Waterworks

Anaconda Copper Mining Anbarn

Bendix Aviation

1.80 Borden Company

Canadian Pacific

J. I. Caso awes

30 Industriste

20 Rails

20 Utilition

110.74 (01:50,9400 37.73

60.13 96.87

23.43 44.19

40 Bonds

95.91

11 Commodity Index

BO.44

19.33 93.72 73.31 15.09 41.98 48.34

DIV. $

1933/34

Y LAST SALE

PIR. SH.

HIGH

118

Low

July 11. July 19.

473

3102 + $100

180

701

137

138

1071

401

1001 1001

141

554

102

421

1542

115

601

781

191

194

·141

514

241

151

147

234

271

204

141

531

$27

102)

301

0.50 Caterpillar Co,

271

201

1. Chase National Bank

29 bld

287bld

1.00 Chrysler Motors... 3.40 Consolidated 'Gas of N.Y.

Curtiss Wright

BUT

411

401

331 -33

841

.311

2.00 Du Pont de Nemours 3.00 Eastman Kodak

921

1037

974

1001

221

Electric Auto-Lite Co.

8% 8. Electric Bond & Share

141

Electric Power and Light... 0.40 General Electrio .............................. 1.00 General Foods

...

20+

708

32+

311

1.00 General Motors

191

0.80 Luternational Harvester 0.10 International Nickel

578

33.

334...

261

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

129

81#

971

27+

2.00 Me Intyre Porcupine ....sta

- Montgomery Ward 2.0. "National Biscuit

50+

493

301

282

951

35#

281bid

181

187

254

214

412

20%

N. Y. Centra} 0.00 Otis Elevator ..........

151

154

1.10 Pacific Gas & Electric ......

Packard Motors

317

171

0.60 Pennsylvania Railway,

31.

302

Radio Corpa.

.61

-61

Bears Roebuck ........

444

0.40 Socony-Vacuum Corpn.

Southern Pacific......

197

157

201

241

1.00 Standard Brands

· 21

Standard Gai

.101

1.00 Standard Oil Co. of Now (9)

Jersey'

501

1.00 Texas Corporation

102

"241

241

0.39) Trans-America da..

6ixd

1.00 Union Carbide & Carbon 6.00 Union Pacific

191

·441.

7.44

133

121+

1191

United Air and Transport...

10+

181

United Corporation

United States Bol

401 391

Westinghouse E. & M.

377 37

Was available throughout the | morning at 1/5 31/32, opening with buyers at 1/8 1/32 developing later into buyers at 1/5. "No busi- ness resulted. For August 1/0. was obtainable.

U.S. Dollars

Belling and buying rates were 37 11/15 and 37 13/16 with a spall reported business at .373 for July, 37 could have been placed again but sellers would not move from 37/11/18.

1254

Yen

Shanghai Dollars .110 to 118 7/16.

Shanghal Market Sterling opened steady at 1/4 5/16 sellers 1/4 buyers bat, re- ceded 1/16. Dollars were on offer "at 34 3/16 with buyers at 341, came 934 931 down 1/16, recovered

a fraction 94 941 and reacted subsequently to 341 961 961 and 34 3/16 sellers and buyers re- 13,665,000 spectively.

bushels

1.09 Gillette Safety 1.90. Gold Dust

1.00 National City: Bank mám. 1.20 National Dairy Products..........

National Distillers

IN THE AFTERNOON The market in the afternoon went easy following Shanghai. 57 573

Sterling 609. 591 Sterling was quoted at 1/5 29/32 601 60 sellers with possibility of getting 17,399,000 1/5 15/16 and 1/5 31/32 buyers for near." but at times 1/5 15/16 bushels

was not available. Business was done at 1/8 for September and at 1/5 16/18 for July, the market 801 301 closing with sellers at 1/5 29/32 "817 82.

for July, 1/5 15/16 for August, 1/5 The following cabled reports." 83331/32 September with likely buy-were furnished by Messrs. §. E.

July 11. Rid

Aşk

1.13 1.15 14171 1.19

1.19

Sept. 47.20 40.94 48.94 47.08 47.10 47.20 4740 47.40 47.25 47.25 Oct.

47.35 48.00 48.00 47,60 47.70 Dec. Jap. 47.47 47.40 47.40 47.83-47.83 Mar. 48.08 unquoted 48.29 48.28 May 48.70 49.30 49.30 48.75 48.75 Total sales; 18 lots. 6. lots

July Oct.. Dec.

Winniper Wheat

33. 811 811 844 831 83 857

841 847

New York Sugar -

might prove to be a test for a general strike, though settlements have been effected. recently in other localities.

Silver: The market continues at standstill some liquidating or ders following downward trend..

Cotton-Market, .......quiet. Small scattered selling meeting good. de mand. Tone" steady.

New York Rubber

July 14.86 14.85 14.85.14.84 41.64 Sept. 15.15 16.18 15.00 14.84 14.84 Oct. 15.23 unquoted 14:07 14.97

S. E. LEVY & CO.'S CABLES

ers at 1/32 higher for the deliver-Levy & Co. last night. ies named.

Shanghai Dollara Were pocols in a closed at

July 1.71 1.89 1.71 1.69 1,70 Sept. 1.75 1.75 1.75 4.74 175 Dec, * 1.83 ... 1.83. 143 1.81 1.83 37 sellers, 37 11/16 buyers. Total sales: 18,000 taxis" 8,000 tons.

New York Bile

LONDON FORECAST

Cotton:-Prices are expected to advance in sympathy with Liver-

pool.

Other markets easier.

NEW YORK

At 10 p.m.

In the center and east cotton belt the weather is unsettled

At 9.10 p.m. "We expect dull conditions to which is not wanted. There are

Shanghat Market

prevail in Wall Street in view of showers in South Texas. In other Sterling was quoted at 1/4 3/16 the recent apathy to the strengthwestern sections there is not much sellers. 1/4-buyers and Dollars at of commodities and the unlikell relief. The weather in most sec 34 sellers, 344 buyers but eased hood of any change in the existing tions of the grain belts is favour Dec. 15.51 - 15.53 15.55 - 15.23 15.23 | July. 1.15) (1.13 1:16:

able for Harvest which is a bearishi -1.12) 1.12}' | | further to 35 15/16 sellers and 34 domestic situation. Jar 15.61 15.69 15.69 15.35 15.35 Sept. 1.19 118 118. 1.17 1.171 | buyers. Business was None in

Wheat-A lower and irreguar factor but this weather is simul- Mar. 18,84 15,89 15.90 1558 15.68 Dec. 1.19 1.20.1.191:18 1.18 Sterling at 1/4 5/10 and Dollars market is expected owing to profttaneously unfavourable for Total sales: 338 lots 726 lots- Total sales: 114 lots .81 lots

1934-07-14 — Page 12

Comments

Private Research Note