1934-07-25 — Page 12

Епулла

Saile:

$109 $1.00

3110

50 cts.

Fr

$131

35

#322 $320

$86+

Cotton Mills

$11.40 Ewoe

$11.30

S'has Cotton fuld.

$735

$4**

Do

(new)S.

$111

$63

Wing On Textiles (S.)

$114 $88

July 24

391.80)

$15

Peak Trams (oil) .......|

37

Do. (new)...

**

3141 164

32158

1.

$103

Star Ferries $100

Yannati Ferrio 191

China Lights (old)... $876

Do."

H.K. Electrica

Macao

do.

se

325

312

17/8

(new)... $81 « 38.43

1713

Sandakan Lights...

Telephones (old)...] $24.90

Do.

313.2 China Buses S.

Tractions Do.

(praf.)....

Industrial

$9.80

Sterling

Catton: October Cotton December Silver: September

48.28

179

Silver: December....

46.30

Silk: December ...

1.141

Rubber September

14.80

Rubber: December

15.17

(now)

$12.10

Chicago Wheat: Sept.

100

Chicago Wheat: Dec.

1014

Corn: September

601

Close Open 10.30 11.00 11.30 Mid-day. 5.041 5.041 5.044 5.041 5.04 5.041 13.01 12.82 12.88 12.84 12.82 12:93 13.12 12.95 12.98 12.96 12,98 13.04 48.308 48.30 48.30 46,30 46.50 46 50m 48.503 "48.50 1.13 1.1343 1.14 14.72 14.72 14.70 14.71 15.09 15.0 15.06 15.15 991 981 991 100% 1001 1002

65% 651

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers Association

Nominal

TUESDAY.

JULY 24.

Bayar Bailar

#mima

Banks

B.K. Baurs

41.15 Douglas **********

Steamboats.

HONG KONG DAILY PRESS, WEDNESDAY, JULY 25, 1934.

NEW YORK

STOCK AND THE EXCHANGE COMMODITY QUOTATIONS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E.

New York, July 23. The American Oriental Finance Corporation report through their New York agents, Messrs. E A. Pierce & Co., states:-

LEVY & CO.

report, through their New York agents, Messrs, White, Weld & Co.. states:-

MARKET

MESSKS. ROZA BROS, REPORT

Ready Silver was quoted in Lon- don yesterday at 20 3/18 and For- ward at 20 5/16. both deliveries recording a drop of 1/8. The mar- ket was supported by speculators against sales by China Banks and Stocks:-The severity of the India. America bought to a small decline to-day of itself suggests extent at 1/18 over the quotations. early trading and possibilities of The market was steady after prices a rally. Meanwhile, our view is were fixed. In New York the price that stocks purchased at these was 46.40 and the market irregu- levels should show profits within lar.

Stocks: In view of the action taken by the market, we think there is no way in which to gauge the extent of the decline. It looks 1.8 though Industrial Averages | 80 days. would have to resist at or around the day's low levels if we are not going to have a substantial in. crease in bearishness.

Wheat:-The market hesitated under profit-taking for fear of change to cooler and showery weather in the North West "and also on the fact that the increase 64 als, the visible supply of Wheat in Canada was larger than expected, Corn:Prices are advancing for fear of further damage from the extreme heat.

3411

$7

3.30 $35 20/-

$1,815

2138

bo. (London) ...)

$1,805

218"

Chartered Banka

+

ຜູງ!

-Marcantile Bks. "A" ***

£13

Do

"

BAB

215

584

Bank of East Ana.. 585

N. U. & S. Banka

20

Am. O. Fit. Corp:

30.20

Ch. Fin. Corp Ord. 9.

16

Do. Pref.

Insurances

$200

Centuu luua

Underwriters

$25

***

31.95

3543

3640

Union insuranösa .....

$510

China Fires

1:40

i

1230

36

H.K. Fires.nubere International, Assoc. $230

1650

Shipping

$7

330

Indos (pret.)

13/

Do. Chit.)..........

483

Mining

33 ota. Amtamoks .................

| 332) || Balatcon

42 dow

43jets

Baguio Gold

$39

18 oth

Bengust Consolidated

20 ot.

Da Goldfield

12 uts

Big Wodgo

24 ota

Gold Bever

19

Gold Creek..

ipe Mining..

#5

18/.

Kailane ..........

271-

$21

18

Explorations...........

35

164

Shanghai Las

$19.80

Rauds

$12.50

$7

Venezuela told Fids.

-Docka, Wharros,

19

30.80

Godowns, etc.

Waterhogd vandaag |

$12.80

Do. Exploration 18 et 20 st.)

**

§14 ati.

Langkats (single, s.

731

se qu

$1.65

**

145 sts.

$19

$3.

$2

$195

J51

H.K. & K, Wharves. $109 Provideats (old

Do. (DOT) ....

H.K. & W. Docks

"B"

S: China Motors * A'

Do. Shanghai Docks S. New Engineerisxs. Hongkow (uld) · B. Du, (Daw) S.

| Lands, Hotels, and

Buildings

H. Lands.......... $58)

30.08 Ki

H.K. Hot......

$5.35

$40

$25

Shanghai Landa...S.

$14

Metropolitan Landa..

$5

H.K. Baalties.........

SIR

Chin Du..........

$137

Do Dabeaturess.

$10.41)

$101

3140

Humphreys an

New Asia Hotel... Asis Realties “A” S.

Do. "B" 5.

Chinese Estates. -.-.-

Zoong Sings... S.

Public Utilities

Tramways............ $213

$5.40

"

large

The decline in Fox Films was due to stop-loss orders on a nar- row market. An Official of 'the Company states that there was no internal reason for the decline, as the net earnings for the second quarter amounted to $400,000, "while the earnings for June were better, than had been anticipated The gross earnings for the first week of July were $18,000, which was better than for the corresponding week of last year and it looks like a great chance to buy here for a long pull, but the market will be glow for the next 60 days.

in-

Bonds: High-grades were active and 1. shade easier,

Second-grades were oft. throughout the day,

Cotton:-Scattered showers and some rains in Texas, together, with the declining tendency of the Stock market, were responsible for the bulk of the selling part of which went into the hands of the Trade. The Far East | Cotton:-Prices worked lower on bought on the scale-down. Cover | rumours of rain in the South- lag and price-fixing caused a re- West; however, later the market versal of the trend in the late firmed up and we believe that session, the market Anding the purchases. are to be recommended supply quite limited.

on any further declines.

Silver:-Prices were lower lack of bids.

Rubber:There was continued. support by the Trade and we would recommend buying on any dips.

Silver:-Liquidation of Septem- ber by speculative long holders, together with lower cables, result- ed in the opening prices being about 45 points off Selling was absorbed by banking interests against sales of March at a difer- ence of 130 points. A portion of the selling appeared to be absorb- ed by control buying. The market

ffluenced strongly by In-weather. dividual orders.

-New York, July 23. Messrs. 8. E. Levy & Company's

Was

NEW YORK

on

Wheat:-After continued firm- ness, the market worked slightly lower on "proft-taking and on anticipation of a change in the

Corn:-Prices are advancing for fear of further crop damage owing to the extreme heat..

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 23

Sterling was quoted at the open- ing in New York at 5,041 and closed at 5.04.

رگر

Market

The tone locally followed Shang- hal closely. Indications were to- wards easiness at the opening but recovered 'very soon after to quite a steady tone. Not much was done' in the way of business.

Sterling Was on offer at 1/5 25/32 with buyers at 1/8 27/32 Later 1/5 13/16 was offered but buyers main- tained 1/5 27/32 which rate was done for August as also for near. The rate could not be placed at times but at the lunch hour the market closed with buyers at that rate and sellers at 1/5 13/16 for July delivery...

11.5. Dollars Were quoted at 37 sellers, 374 buyers and a small business was reported at 37 7/15. "

Yen

.125 or perhaps a little higher rate.

Shanghal 'Dollars Sellers 110 also:110 9/18, ..

Shanghai Market Sterling opened at 1/4' sellers.. 1/4 1/16 buyers but steadied to 1/4 and 1/4 3/18 sellers and buy-

Dollars available at 33 11/18 at the open- ers respectively.

were

ed to 337 sellers, 33 15/16 buyers. ing with buyers at 331 and improv-

IN THE AFTERNOON The tone in the afternoon con- tinued steady.

Sterling

Was done again at 1/5 27/32 for both August as well as July. clos- ing with sellers at 175 13/16 and buyers at 1/5 27/32 for July and the same rates for August.

U.S. Dollars

Were opened at 371, for August. 37 for cash and again at 37 for August,, Thệ closing' tone was sell- ers 37 7/16, buyers 371 July/Aug- ust

Shanghai Market

Night Quotations

of New York Stocks and Commodities

Our offio-s are

open from 10 p.m. midnight,

uotil

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 alients have, on the same evening, quatations for the morning session of the, New York Stock Exchange.

Advices of executions on orders placed during the night sess ons are received within the ball-bour.

American Oriental Finance Corporation

Asia Life Bldg.

Federal Inc. U.S.4.

Hong Kong.

Tel 26631.

NEW YORK STOCK EXCHANGE

THROUGH REUTER'S AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

Now York: July 23

QUOTATIONS

Last Today's

High Low Close Close

Change 6.04 5.04 5.011 "3.01 unchanged Dull, 13.16 15.87 13.18 13.15 0.06 ott 48.35 46.26 4871 40.28 0.43 of December 46.70 46.30 47.00 4.30 0.70 off

New York London Cross-rate New York Cotton-December New York Silver September

off

New York Rubber-December 15.30 18.1 13.25 15.17 (08 DE Chicago Wheat December 1037 101 109 101 Chicago Corn -December 70 New York Silver (Business done San Francisco.

3.00 Air Boduction 6.00 Allied Chemical & Dye 4.00 American Can

American Radiator....... American Smelting.... 9.00 American Tel & Tel. 5.00 Ameritan Tobacco "B" 1:00 American Waterwork,

1.60. Borden Company

-

J. I Casa..

Canadian Pacific

0.50 Caterpillar Co.

1.86 of 21.03. 0,80 on

LAST SALE

July 1. July 23

$981 $961

1313bid 1311

B****

681

It up

461

484

" price)

46)...

461

of off

Dow Jones Averages. High-1933/34

Low: July 21. July 13

Change

30 Industrial-

110.74

50:16 94.62

20 Raila

.56.94

25.43 49.27

91.88 2.64 off 34.

20 Utilitie

37.73

18.33 21.83.

40 Bonds

95.48

73.31 06.38

11 Commodity Inde

DIY. 8 PER SH.

B0.44

41.98 BN 95

59.19 0.24 up

1933/34 HIGH Low

"112

471

160

704

- 1071

49

977 961

AH

134

124

554

101

384

37

13*1

112 કું

1121

60%

744

434

17

-161.

Anaconda Copper Mining... Auburn

B

127

114

841

24

22號

21

Bendix Aviation

134

12

231

27

26

378

IN

48

441

103

3u

204

131

131

7+

*20

25+

33

No change. Sterling at 1/41 sell- ers and Dollars at 33 sellers. ·

1.40 Chase National Bank 1.00 Chrysler Motore

20 bid 25 bid

40%

381

351

દમ

3.40 Consolidated Gas of N.Y....

Curtis Wright

321

30

641

21.

21.

St

89.

371

2.00 Du Pont de Nemours

*

657.

Corn: December

187 #

681 481

687

$12

Malabou Sugarı ...

$21

Caldbeck, oni. 8.

Winn. Wheat; October

867

B71

851 881

$194

Muogregor (prof.)8.

STOCKS

32.70

Canton Ives

4.88/17)

Comenta

1944

Rupes

*****.0 32.70

Miscellaneous

Am. Smelting

*37

зе

37

37

371

$4.30

Anaconda Copper

111

112

111

113

21

Auburn

21.1 211

211

21

21

21.

$28

Dairy Farm

$25.90

25.90!

Baltimore and Ohio

17

171

17

171

171

*

Der & Wings.....

J. I. Case .....

14

Ammementi

34

$1.00

75 ot

14.30

BRI

$10,60

Ch. Etainment......$71

Constructions, (old) $185

Do.

(Low) 75 ct.

Lane Crawford.... $4,0 Mackintoshe

Nanyang Tobacco... $4.10

Sinceres

Consolidated Gas

Dupont

Elec: Bond and Share

12 129 117

442 441 444 441 45 301 31 301 301 302 871 87+ 877 877 87 871.. 112

114 112

45

31.

General Motors

28+

28

282 281

$104

$5.45

Watsons

170`ata

Wm. Powells

165 ct.

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

10

26

25 26

171

18 181

251: 18

$2.

Greyhounds

N. Y. Central .....

214

211

251 261 181 181 221 224

31.

N. C. Baterprise. 81.10

$3

perm.

"Do.

$108

H.L. Wing Oa S'hai

Do.

***

87. Ch. G. 621925. Bd. 98%,

H.B. (lot. 4% Loss

Wallace. Harper ........

United Thestram... 6.)

Boconý Vacuum

14

144

141

14141

Standard Oll of N, J.

United Aircraft

1

U. S. Steel

Westinghouse

42%

421 43 141 144 151 J41 15 15 36 361 "361 201 301 381 ..311 314 31

311 +324

421

427 421

282 281 91 101 91. 10 10% 451 451 45+ 454 45 451

S. E. LEVY & CO's CABLES

The following cabled reports were furniaked by Messrs. §. B. Levy & Co, last night.

Weather Forecast-9.40 P.M. Cotton: In "the extreme. West. there are showers but over the balance of the West belt heat has again set in, which is damaging to the crop. A forecast indicates cloudy and uncertain conditions. A weak hurricane off the mouth of the Mississippi River moving toward the West is likely...

፡፡

Grain: The weather is very tor- rid over all of the mid-West, which is damaging. Elsewhere conditions are cooler and cloudier.

.London Forecast-9.15 PM

!

In view of yesterday's sharp fall which was brought about by mar ket cause it is generally expected that Wall Street will be called upon to face a further decline.

Corn: Strong..

Wheat: Uncertain. Rubber: Unchanged. Cotton: Lower.

1.20 Gold Dust..........

0.80 International. Harvester 0.10. International Nickał

International Tal. & Tel. 4.00 Liggett & Myeri “B” 1.00 Loew's Int

2.00 Me Intyre Porcupine

Montgomery Ward...... National Biscus

1.00 National City Bank.......... 1.20 National Dairy Producti

National Distillers

N. Y. Gentral.

0.00 Otis Elevator

1.00 Pacific Gas & Electric

Packard Motors

*1037

.98 bld 97

3.00 Eastman Kodak

100

46

Electric Auto-Lite Co..

103

182

31

8%. Electric Bond & Share

124

11

48.

9+

Electric Power and Light...

41

||

37

102

31

1,0

0.40 General Electric 1.00 General Fooda 1.00 General Motors .........

Gillette Bafety

19

181

301

10

311

311

307 EL

301

281

49

10

124

111

71

181

18

·970

321

301

46%

25

241

19

10

961

95

99%

251

234

38

47A

#453

80

27€

- 26

25

·2.0

344 341

109

-251bla 247bid

43

·18

187

18

171

412

215

214

-681

151

16%

107

314

16

3

3

0.50 Pennsylvania Railway ................

28

261

Radio Corps, ge

421

12

47

19)

・3

Seara Roebuck

42

407

511

0.40) Boconý-Vacuum Corpo,

18+

19

151

141

4180

de

SILK

LONDON SILVER

Liverpool Cotton: 8.73-6.

COMMODITY PRICES

New York Cotton

New York, July 23. July 21

July 28 Closing Opening

July

Providents (old); $160. Hotels, $5.55.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

and

The firm tone referred to in yes- terday's report has been fairly well- maintained and there have been further. rises in some stocks, not- ably amongst, which are 'Hodgkqpg Banks, Wharves, Electrics Unions. There has been lately a steady dermand for the better clasa stocks, which remains unsatisfied.

The Settlement was satisfactor- y negotiated.

Sales. Hongkong Banks. $1840. Union Insurances, $545. Begulo Gold, 431. cts. Wharves, $110/130;: . Humphreys, $104.

Hongkong Trams, $21.60. Electrics, $712/71.80. Telephones (old), $25. Cements, $2.65/2.671.

Buyers. Hongkong Banks, $1815. Bank of East Asia, $84. Union Insurances, $547. Underwriters......$11,

H.K. Fire Insurances, $230. Baguio Gold, 42 cts,

Benguet Consolidated, 332. Benguet Explorations, 18 cts. Ipo Mining, $211 Raubs, $13.

Wharves, $110.

Hongkong Lands, $584. Humphreys, $10.40. Chinese Estates, $86, Hongkong Trams, $21.50, Yaumati. Ferries, $2135. China Lights. (old), şâƒ......

China Lights (new), $8.40. "Electries, IE/

London Gold: £137114

London Rubber: 71–1/16, Noon 74, 71s, steady,

Liverpool Wheat: 5/6)—-fd.

London 81ver: 201 sp.+1/18; 20fFa.

London-New York Cross: Noon. 5.044. 2 p.m. 5.04 3/16.

Closing 12.90 12.75 12.75 12.85 12.85 Oct. 13.04.12.90 12.91 12.99 13.01 | July 14.59

Dec. 13.18 13.02 13.04 13.11 13.12 Sept. 14.84 14.30 14.91 14.80 14.80 July 1.68 Jan. 13.21 13.08 13.06. 13.16 13.17 Oct. 14.95 unquoted 14.93 14.93 Sept. 1.74 Mar. 13.31-13.15.13.14 -13.27 13.28 Dec. 15.25 16.27 15,30 15.14 15,17 Dec. May 13.39 13.21 18.20 13.35 13.35 Jan. 15.32 16.40 15.40 15.28 15.30 Total sales: Spot 13.15-

Mar 15.60 15.81 15.81 15,57; 15.57 Total sales:

228 lots

⚫ (1935)..

New York Silver Bept. 46.71 46.25 40.35 Oct.

unquoted

48.78

13.10

New York SUK,

Chicago Wheat

July 115 116 116 1:16 1:12 Sept 1.134 1.14 112 111 1111 100/1001

08 Dec. 1.15) 1.144 1:16:1.141 1.14 101-101997 100 Total sales:-

194 lots

46.22 46.28 July 991 46.24 48.24 LƐept. 100

:-08

Corn: Strong.

Wheat: Uncertain.

Rubber: Unchanged..

Cotton: Lower..

The following cables were re- ceived last night by Messrs. American Oriental Finance Cor-resistance to over-night selling

Doration

London Forecast Stocks: In view of yesterday's sharp fall, which was brought

ally expected that Wall Street will about by margin calls, it is gener-

be called upon to face a further decline.

A.DF.C. New York Cables

Stocks: The opening shows good

orders with large volume,

Silver: No trades. There is con- trol bidding for July, August, and September with differences dis- regarded as orders are executed

additional liquidation partly longs

Cotton Sentiment is mited w

with

from abroad, The domestic trade is absorbing most sales,

Dec. 102 103 1031 Saturday's anies:

1011 101 29,942,000 bushels

Bouthern Pacific

1.00 Standard Brand"

¿Standard. Gaa

1.00 Standard Oil Co. of New

Jersey

1.00 Texas Corporation

-0.12) Trans-America

201

114

201

19

37

191

182

$2

14

501

- 221

431.

421

104

221

22

16

..98

July 63+ Sept. 642 Dec. 677 Total sales:-

Chicago Carn

unquoted 852 881 632 70

1,00 Union Carbide & Carbon

Union Pacido

19.

401

133

61

1141

111

Dec. 47.00 46.70 48.70 46.30 48.30- Jan. 47.15 unquoted 48.63 48.53 Mar. 47.70 47.50 47.60, 47:00 47.00 May 48.00 48.20 48.20 47.50 47.50 July Total Bales:-

Oct. 31 lots

Dec.

641. 64 661 681 69 082 13,529,000 bushels

United Air and Transport... United Corporation

18%

161

14+

141

41

United States Steel' Westinghouse E. & K

#

371 36

331

31

Winnipeg Wheat

New York Rubber

uinquoted

14.57 14.57

251 unquoted 851 851 802874 87 861 861 877 881 881

New York Sugar

1.68 1,70

1.68 1.66 173 1.73 1.72 1.73 181 180 1,811.79 1.80

6,000 tons

LATE NIGHT CABLES

881 884