1934-07-19 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange"

Sharebrokers'

Association.

Buyers

Salimen

Homial

WEDNESDAY, JULY 18.

dailers

Bajacu

$1,785

Banks

H.K. Banks

£137

Da. (London)

218

2301

Chartered Bank's ...

Mercantile Bks. "A"

Do.

$17.80)

***

£18

C

£13

384

Bank of East Asia...

215

$83

N, C. & S. Barks...

| $8.50

$0

Am. O. rin. Corp: B

N

Ch. Fin. Corp. Urd. 8.

10. Pref. 5.

11:

Insurances

1

3290

Canton luxurudes.......

$205

Underwriter

$1.20

35.30

230

$1.20

Union Insurances ........

$810

China Fires muni

3525

3680

6.K. Fires

+

International Assos, 5.

3936"

38

***

Shipping

$41.15 Douglaɔd ****

3411

57

Steambosta

130

Indos (pref.)

$50

$31

Do. of..

$30

47 6

"Shelix

30/

4121

Waterbosta

3122

Mining

Bata...

Amtamuka...............****

63 otu: 86 "sta,

$32)

Balatres

* મા

$32

Benguet Consolidated

Baguio Gold: 42 018 43 ots

221

IN ALL

120 ot..

Do.

Do.. Exploration 19 cts. 20 ets.

Goldhold...

12 ots.

Big Wedgo máme- 14 ou,ị tà cla.

36 ote

Gold Biver

(24,ob:{20 ola,

*

Gold Creek.....

Ipo Mining.

26

18/.

Szi

Itogons ..... Koiihas

Langkala

(single)s

Explorations......

321

Shanghai LonELY

38

313

Raubs

ย

$7

Venezuela Gold Fids.

16.80

Docks, Wharvas,

Godowns, etc.

108

$100

H.K. & K. Whave $108.

$1.80

Providents (ok),

$1.65

150 cta

Do.

(new)

45 at

$13

H.K. & W. Dock

212

S. China Motor A'

Du.

32.

$131 Shanghai Docks S.

New Engineerings 8.

22

$131

368

13.65

Yaumati Ferrie... Chins Lights (old)... Do. (a)...

Sandakan Lights ...

Telephones (old) ....

512 1 Do.

113.90 China Busos... S. Trastiune -

Bir

|18/101] Da.. (pref.) ......

Industrials

1025

#322 Hongkewa (old) S.

$320

(new) 9.

Lands, Hotels, and

H.K. Howald

H.K Lands......5.

$6.85 368

126

Shanghai Lauda...8.

$14.

Metropolitan Lands..

351

R.K. Realti

£5.40

**

Chios Do

Do. Debentures$.

110

Humphreys

$104

New Asia Hotel

340

$140

Arin Realties "A"S.

120

Do.

"3.

Chincan Estates......

3804

Cotton Mis"

1112

$73

S'bat Cottonsfold,3..

$42

Do.

(now S.

$11 Zoong Sings

ટઉફ

-Wing On Textiles(3.) {

$1 $66

Public Utilition

1215

Tramway

$21.35

$15

Poak Tesis (old)......

Do. (new)...

$1033) Star Ferries

$140

$211 $8.60

3711

$8.70

18.70

#!

18.40

$16

H.K Electrica...... Macao do.

371:801

-$71.86]

$8

$94.85 $17.10

Buildings

EWAS *** S. $11.95

Brokers Loans for the week amounted to $17,751,000,000.

July

Oct.

Dec.

"

مصارت و

1957

HONG KONG" DAILY PRESS, THURSDAY, JULY 19, 1934.

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

New York, July 17. The American Oriental Finance Corporation report through their New York agents, Messra. E. A Fierce & Co., states:--

Stocks:-Better resistance to the market was shown but any im-

better: pressive change for the seems to call for some clearing up of the Sari Francisco strike situation.

latter deals

turbances, there are no signs of any volume of liquidation, though the dragging tendency of the market is increasingly discourag- ing to security-holders. While we still believe that gradual purchases should be made during this period. we foresee little prospect of any change until business, the strike situation and the intentions of the

Adminstration are more

clarifed.

Wheat: The strength of Corn

Cotion:-The forecast of un- and also the strength of the Win-

favourable weather brought con- nipeg market, encouraged buyers

siderable speculative buying. The but offerings were still confined to proft-taking and hedging opera-weather still dominates the mar- tions." The

would continue to wereket, but we lighter owing to small receipts adopt a cautions trading policy. The weather is hot and dry. There Purchases are recommended only

a sharp setbacks: are some sensational private re-

Suver: The market is quiet. ports in the South West which have been advanced on the con- Rubber:-The. market presents a Some trade tired appearance. dition of the Corn country. Heavy

and commission-house buying selling and profit-taking caused a

tended to off-set profit-taking. late reaction.

Unless renewed speculative buying belleve that prices puters. we might sag somewhat lower.

Wheat:-Heavy speculative local buying, with continued hot wea- ther, caused an up-swing in prices. We still recommend purchases - on recessions..

Cotton-Under small but con- stant buying prices went into new bigh

selling levels absorbing limits. Europe and the South also sold The West Cotton Belt is still dry, with high temperatures. The market was sold off during the latter part of the session but there was a good demand on set- backs.

L

Silver:-About mid-day evidence of control buying appeared at somewhat higher prices, tending to absorb speculative liquidation for September. Banking interests also absorbed some September sales against sales of March at a difference of about 120 points.

The following telegram was re- reived from New York during the AOF.C. night service:

The market' was, lower at the opening but is holding no evidence of liquidation of large blocks of shares.

In the Silver market there is no trading. Bids and offers continue to remain wide apart, The re- ported sale of 100,000,000 ounces of silver by the Indian Govern- ment has been officially denied.

In the Cotton market, selling is scattered and realising, is moder- ate. There is some Trade demand. with also some speculative and la- $14.60 vestment buying. 181

New York, July 17. Messrs. S. E. Levy & Company's report, through their New York agents, Messrs. White. Weld & Co.. states:-

י

estimates are

Corn: Private bullish and we believe in the pur- chase of corn here."

Bonds: The edge is off high- grades for the present and prices are easier. The market for second-

grades is also lower.

The following telegrams were received in the course of the S. E. Levy & Co. right service

Cotton: The weather, in the West is clear, with the tempera- tures in the 100's, resulting in damage to the crops, while the forecast is the same, clsewhere. hot and Conditions locally are unsettled. Grains: The weather in the South is mostly torrid and there has been little relief.' The Northern corn-belt is cooler and

there have been some showers, The spring lt is heating up.

A continued good demand from the mills for cash wheat explains the spread in prices.

The prevailing weather, and the forecast in the principal cotton- areas s bullish, but increasing profit-taking is to be expected on all advances:

The distant outlook is bullish Stocks: Despite the dull, state and we recommend buying on set- of business and the labour dis-backs.

THE EXCHANGE

MARKET

MESSRS, ROZA BROS. REPORT

China sold in the Silver market yesterday, and same support was forthcoming for account of the" Bazaars; prices were. 3/18 lower for Ready at 20 7/36 and 1/8 low- er for Forward at 20 9/16. The closing tone was quiet, but indi- cations of American support to& moderate extent gave the market a steady feeling: In New York the price was practically unchang- ed at 46.85.

Sterling was quoted in New York at 5.04, opening and closing rates remaining, the same."

Market Extremely quiet conditions pre- valled in the market,

Sterling Opened with sellers at 1/3 29/32. buyers bidding 1/5, 31/33; a small business was done at 1/5 15/16. for near, the market closing with sellers at 1/5 29/32 and buyers bidding 1/5 31/32 but not unwill- ing to accept 1/5 15/16.

US Dollars Opening rates 37 sellers. 372 buyers for near business was done at 37.11/16. Closing 'tone 37) sellers 377 buyers and 37 11/16 the likely bustness rate.

Yen

H

1254

12

Shanthal Dollar Business was done at 1101. clos- Ing with sellers at 110 9/18.

Sterling Evidently very quiet. sellers 1/4 3/16, buyers 1/41: Dol- lars 34 and 34 1/16 sellers and buyers respectively.

REICHSMARK QUOTA-

!

TIONS

[Special to the "Hong Kong Dally Press" (Copyright, }1

Berlin, July 17. Reichsmark quotations (without guarantee): New York Parts

Amsterdam *Paris Sterling

Dollar

COMMODITY PRICES

New York Cotton

Investment Securities and Commodities

We offer you

Daily Quotation Service

and

Every Facility for

Trading through our

New York Correspondents E. A. PIERCE & CO.

American Oriental Finance Corporation

Asia Life Bldg. 14, Queen's Rd, C.

Federal Ine. U.S.A.

Hong Kong

Tel. 26631.

NEW - YORK STOCK EXCHANGE

„THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York: July 17.4"

QUOTATIONS

Change

Laab Today's High Low Close Closa New York London Cross-rate/ 3.04) 2.04. 6.041 5.04 unchanged. Dull Now York Cotton---October 13.32 13.03 1315 13.21. 0.05 up New York Silver -September 46.74 40 60 40.79 48.90.0.11 up New York Rubber-September, 14.70 14.53 11.82 14.10 0.13 of Chicago Wheat September 101 97. Chicago Corn -September 637 61} New York Silver(Business done

San Franciscó „

t price)

It up

9 991

3

61 i up

48

461

Dow Jones Averages, Higli-1933/34 Low: July 16.

8.00 Allied Chemical & Dy.

American Cas

American Radiator.......

4.00

1.60 Borden Company

J. I. Case Canadian Pacifo

0:50 Caterpillar Co.

25:1

1st

400g up 462

of up

001

July 17.

Ubange

96.79 0.95-0đ 41.93 0.28 of

LAST SALE

July 16. July 17.

321 301

30 Industrials

110.74

00.16 97.04

20' Rails

58.94

25.43 41.23

20 Utilities

*37.73

19.33 92,50

22.33 0.08 of«

40 Bonds

06.48

73.21 10.43

94.25 1.17 OE

11 Commodity Index

NOAA

41.98 58.86

19.18 0.31 up.

Div. $

1933/34

PIR. SH.

HIGH Low

300 ar Reduction

118

471

$991

$991

100

702

1351 135

1071

191

981 99

18

44

137

131

American Susiting.......

531

104

411

414

38.38

.580.53

56.52

9.00 American Tel & Tol 5.00 American Tobacco "B" 1.00 American Waterworks

BUT

1134

113

142

77)

77+

187 19

76.34

15.14.

Anaconda Copper Mining .. Auburn

****

132

14

The

24

221

24+

-Transocean Kuo Min.

Bendix Aviation

*

141

141

BA

27

261

37

18

511

504

108

WOM

131

131

74

26

26

33

1.40 Chaas National Bank

28 bid 28 bid

402

10%

40

391

1.00 Chrysler Motors

duj

.7#

(new).

312

Malbou Sugars

321

Caldbeck, ord

$2.70

Canton Ices

31.60

32.80

24+

Rope

$14Macgregoraf(pref.).

Cencata ****$9.45

Miscellaneous

14.30

326.30 $20.151

Dairy Farm

$26

#!

Der A Wings....

NEW YORK MID-DAY PRICES

The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and 9. E. Levy, & Co.

COMMODITEBA

July 17"

New York, July 17. July 16

July 17" Closing Opening. Closing

12.98, 12.88 12.88 13.05 13.05 13.16 13.03 13.05 13.21 13.21 13.31 13.20 13.19 13.34 13.38 Jan.

13.33 13.22 13.23 13.37 13.37 Mar. 13.41 13.32 13.51 13.44 13.44 May 13.45 13.39 13.39 13.52 13.52 Spat 13.25

*(1935).

3.40 Consolidated Gas of NY.

64#

:

3

3

Curtiss Wright

bt

901

.90

2.00 Du Pont de Nemours

1037

39+

3.00 Eastman Kodak

971

98

48

Electric Auto-Lite Ca...........

+

211 -213

31

14

%. Electric Bond & Share ..............

137.

133

48

Hiectric Power and Light..

**

5

10

0.40 General Electric

20

201

1.60. General Foods

10%

31+ 31+

391

21

י

13.30

Jan,

47.42

1

Mar. 47.85

July 18

Amusementa.....

14

+371

Ch. Etainments...... $7.75

Sterling

31.80

Constructions, (eld) <1 65

75 atv.

Do.

(now) 76 st.

Cotton: October

$4.30

Lane Crawford........

$3.40

821

Mackintosh

Cotton: December Silver: September

1140.80 Binceres

Nauyang

Tobacco... 14:10 Ferdir. 54.23

Silver: December

11.00 11.30 Mid-day Close Open. 10.30

5.031 5.041 5.03% 5.04 5.033 5.03 13.21

13.21- 13.32 13.30 13.32 13.25

13.35 13.43 13.44 13.39 13.36 13.43

48.85. 48.90 48.75 46.75 48.75 48.85 47.18 47.15a 47.15m 47.158 47.158 47.158

New York Silver

Sept. 46.79 46.50 48.70 48.70 48.00

48.90 · 46,95 40.95 46.85 46.85′′ Oct. Dec, 47.30 46.95 47.25 47.18 47.16 47.35 47.35 unquoted unquoted 47.88 48,00 May 4261 48.90 48.90 Total sales; 12, lots

1.00 General Motors 1.09 Gillette Balety 1.20 Gold Dust

0.80 International Harvester 0.10 International Nickai

-International Tel. & Tel. 4.00 Liggett & Myers "B" 1.00 Loew's Inc. ......... 2.00 Me Intyre Porospina

Montgomery Ward

-

2.0 National biscuit

307 30%

42

to

114 11

7A

194 194

971

33+

321

461

.:134

251

251

*9

12

12

97

97

28

•261

49

48t

28

28

36

60%

311

35

351

4845 43.58- 30 lots.

1.00 National City Brok

271

27

43.

1.90 National Dairy Products

184

181

104

National Distillers

414

20%

201

20

New York Rubber

N. Y. Central

26

28

0.60 Oris Elevator

581

34

+251

101

151

15%

$10

Silk: December

$0.40

Watrous

354

70 cts. Wm. Powellä..........

Rubber: September

1.18

1.18 1.1738 1171 14.70 14.60 14.70 14.77

71.174a

July 14.55 14.30 14.30 14.41 1441 Sept. 14.82 14.66 14.67 14.69 14.70 14.79 14.78 Oct. 14.34 unquoted Dec. 15.18 15.04 15.08

1.40

Pacific Gas & Electrio

311

17

1B

171

<

Packard Motors ......

0.50 - Pennsylvania Bailway

11

34

31

*42)

294

29

16.05 15.06

Radio Corpn.

134

12

63

14.80

50 ch.

12 M. Greyhounds......

Rubber: December

15.08 15.04 15.09 15.15 15.18

14.83 15.22

Jan.15.31

***

80 pts.

པསྶ

C. Enterprises

$1.10

Chicago Wheat: Sept

998

1001

100 100 1001

15.11 15.11 15.14 15.14 Mar. 15.55 15.34 15.36 15.37 15.39 Total sales: 308 lots 410 lots

Sears Hoebuck

3

51}.

431

431

0.4

Socony-Vacuum Corpn....

12

19%

154 157

-

Southern Pacific

13

United Theatre... S.

Chicago Wheat: Der.

1011

102

1027101

87% Ch.0.4% 1916GBds. 56%

Corn: September

621

63+

63). 631

1013 631

1.00 Standard Brands

301

17

221

229

37

20+ 201

Chicago Wheat

Standard Gas

294

of

1.00 Standard Oil Co. of New

prem. 84%

·1% perm

H.K. Gort 4% Loans

81%

Do. 31%

1%

Corn: December

647

661

Wallace Harper....y

Winn. Wheat:

Oct.

$5

651 unzec, unree.

Unrec.

3108

Da

F.K. Wing Oo ....... Khi

$150

STOCKS

$115

July 061 961 963 Sept.

98 981

973 Dec. 991 100 997 Total sales 41,758,000

08 981

Jorsey s

004

443 441

991 99

1.00 Texas Corporation

101

221

231

101 1011

0.12) Trans-America. ..............

61

Am. Smelting

414

42

42 411

417

*trushels

41,837,000 bushels

1.00 Union Carbide & Carbon ... 6.00 Union Pacific

517

192

"44

43

BUYERS

Raubs, $13.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

There was still unsatisfed en- quiries for Trams, Ewos and China Lights, with prices showing signs of hardening. Transactions were recorded in Lands and Kowicon. Wharves. Sound investments, find ready buyers, but the volume of business remains very small.

SALES

Antamoks, 60 cta.

Wharves, $109,

Hongkong Lands. $58. -Cements: $2.60. |

Hongkong Banks, $1785. Union Insurances, $530. Underwriters, $1.20.

H.K. Fire Insurances, $230. Balators, $32),

Benguet Explorations, 18 eta. Ipo Mining, $24. Wharves. $108.

Ewo Cottons, Sh. $114. Hongkong Landa, $573. Chinese Estates, $861. Hongkong Trams, $214. Yaumati Ferrles. $211. China Lights (old), $3.85. Electrics, $713.

Telephones (old). $247, Cements, $2.60. Dairy Farms, $25.80.

Constructions (ola), $1.60. Constructions (new), 75 cts...

SELLERA

Dairy Farms, $28.15. Wallace Harpers, $8.

Natl. Distillers

N. Y. Central

V. S. Steel

London-N.Y. Cross: Noon 504112 pm 3,03 13/15.

Anaconda Copper

14

14

14

14 141

123 012

117

116

17

United Air and Transport...

162

104

Auburn

221

221

221 331

221

174

174

Chicago Corn

United Corporation

14

Baltimore and Ohio

213

212

213

21.3.

211

5

47

United States Steel

J, I. Case

504

51

51

51

51

July

601

Westinghouse E. & M.

Consolidated Gas-

321

324

321 324 32}

Sept... 611

Dupont

90

914 .917

DI

2014

911

Dec.

Elec. Bond and Share

137

144 14

141

141

141

General Motors

304

314

314

314

31+

bushels

Inter. Tel and Tel.

12

121 1.21

12+ 124

12+

McIntyre Porcupine.

481 49

AD

48

482 481

Montgomery Ward

29 281

288

289

284

20

201

.: 20

201

201

201

July

281

+271

21

27+

271

Oct.

Socony Vacuum

151

167 151 151

Standard Ol of N, J.

44

United Aircraft

17

3BA . 391

Westinghouse

381

441 444 ∙17** 174

39 361 38*

157 151 441 44+ $444

17 171 17t -391 39

82.

841 8385. Dec. 841 854 851

831 832 847 85

30

36

301 36

Dow-Jones Avg.

98.79 97.24

LONDON SILVER

New York Sugar

July 1.70 1.89 1.70 1.88 1.68 Sept.

1.73 1.73 1.74 1.74 1.74 Dec. 1.81 81 181 180 1.80 Total sales; 2,000 tons 10,000 tons

tion.

London Forecast

London, Gold: 138-£8.18.0414.

London Rubber: 74 (B); 7 3/16 (5), Noon 71 (B). Steady,

Liverpool Cotton: Market closed.

Liverpool Whcat; Market closed,!"

London Silver: (8) 20 9/16, (F) 20 11/16+f

81 @1 62 614 637 631 632

Total sales 13,152,000

Winniper Wheat

5. 834

612 617 62 82 65 847. 13,181,000 bushels

LATE NIGHT

CABLES

still nervous. Any settlement the strike will bring out buyers.

Wheat: Strong in sympathy with corn.

Cotton:--Higher, but very er-

ratic,

The following cables were re- 861 861

ceived last night by Messrs. "Ame- ¦ pected, rican Oriental Finance Corpora-

New York BIEK

15. 114.1.14. July 115 111 Sept. 1.41 1.144 1.10 1.16 1.164 Dec. 117 1164 1.171.17}'1,18

$2 lots Total sales: 48 lots".

Rubber:-A better market is ex-

A.OF.C. Private Cables from New York Stocks:-Higher opening on im-

and volume.

(Received by American Oriental proved labour outlook. The mar- Finance Corporation and 8. Eket lacks follow-through in price Levy & Co.) ../.

Stocks: -- Owing to 器 more optimistic sentiment regarding the labour troubles in Ban Francisco, which have been already"heavily discounted, we expect Wau Street to open steady, but with traders

Suver: Continued duliness, there is some indication of re- sumption of control buying.

Cotton:Long realizing being taken chiefly by new speci buyers. Tone steady.

381

381

351

354

1