$660
$230
$13
Godowns, etc.
3110 31.83
110/11/0
Providente (olds
$1.85"
150 ets.
II. & W. Docka
Do. (ue***
145 am.
19
S. Ubina Motors A
Du
"B"
32
$11
Shanghai Docks S.
$125
ES
New Engineerings8.
138
Hongkewa (uid) 8.
$30
Lu. (asm) 8.
'Lands, Hotels, and
Buildings
15.55
H.K. Hotels.
$59
35+
$30-40
· · 2
HK Lands.......... $68.
July 25
Stak
Shanghai Lande...8.
Metropolitan Lamadu.
H. Realties.........
$6,40
Chins Do, ...
Do. Debenturess.
Humphreys $10.40
New Asia Hotel ...
$40
$140
Avin Realties "A"S.
Do.
396+
$11.40
"B" S.
Chinese Estaten..................
Cotton Mills ... Ewo
Star Cotton fold,S
Sterling Cotton October Cotton: December Silver: September Silver: December Silk: December
Rubber: September
1.14 1.13 14.72 14.85
15.12
Close Open 10.30 11.00 11.30 Mid-day 5.043 5.04 5.04 5.04 5.04 * 5.04 12.78 12.75 12.80 12.80 12.83 12.80 12.87 12.88 12.92 12.89 · 12.99 12.92 40.44 46.25 46.258 48:258 40,25a 46.25E 46.60
46.50% 46.50 46.50s 46:50%
1.13 1.138 1.138 14.60 14.55 14.58 14.08 14.95 14,06
$11.30
072
08
3731
Chicago Wheat
Dec.
99
091
Do. (new)S.
Zoonx Sings S
Carn: September.....
844
$5
657
12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Buyer Sellars
$1.840
Sharebrokers
Association
WEDNESDAY.. Száll
JULY 26.
Banks
H.B. Banks
Buyers
Jelen
daler
Nusalasa
Bo. (London) ... Chartered Banks... Mercantile Eks. "A"
Do.
1,875
Las
Bank of East Asia.... | 354
N, C. & 8. Bas)
P15
$0.20
Am O. Fin. Corp:
Ch. Fin. Corp. Ord. 8.
พ
Do Prof.
Insurances
Canton insuran|OO|| ....
32..
Underwriters
$1.25
Union Insurandon .......
$140
China Fires
(680
H.K. Fires$$30 International Assen, d.
Shipping
$15 Doug80% ***
ཧྥོའོནདྷོ། ཅིན་སྒྲོ༑Ta=ཝེ ུཏྟོ ཙྪཡྻོ༄ཀྰ
Steamboaba
Indos (pret) ......
Do." (det.)
437 Shellk
Waterhoata
Mining
63 to Amtamoks ....
331)
E
Baistco
Baguio Gold
Benguet Consolidated
Do. Exploration
#832
20 d-
Do.
13 eta.
Goldfeld
Big Wedge......
24 ets Gold Havørð o
Gold Creek.
Ipo Mining.. Itogons
Langkala (single, 8.
Explorations......
Shanghai Loans.
Venozas
Geld Fids.
· Docks, · WharVOS,
63 at. 66 eta
18 at 20 cta.
H.K. & K. Wharves $109
$412 37
330 $35
30%
14
HONG KONG DAILY PRESS, THURSDAY, JULY 26, 1934.
לול
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
New York, July 24. The American Oriental Finance Corporation report through their New York agents, Messrs E A. Fierce & Co., states:--
Stocks:-Selling during the last hour has added to the uncertainty, over the immediate trend of the market. We believe the best policy would be to defer purchases. -
Wheat-The display of apathy by the public in the face of bullish crop news has disturbed holders. The lack of short interest has made the market vulnerable to realizing. The Winnipeg market reflects Chicago prices and the favourable weather conditions.
Cotton-Prices opened easier on lower cables, but railed later on Trade buying and the replacing of | orders by long operators who re 40 qt.cently sold; however, bulges were
331
niet by increased selling from abroad and the South. Sentiment scems to be confused by the action of the stocks market. There was, a moderate amount of price-fixing near the close.
14 Sta. 126 sta
271.
3184
| $33.30)
33
16.80
Silver:-Trading continues to be confined to near months, with offerings being absorbed apparent ly by Control buying..
New York, July "24. Messrs. 'S. E. Levy & Company's report, through their New York
agents, Messrs. White, Weld & Co. i ́states:=
Stocks:-The market declined further to-day on the continuance of the drought together with the uncertainty of the labour situa tion. We still belleve that stocks. purchased at the present levels would show profits within months...
two
Bonds:-High-grades were dift? cult to sell, prices were easier and the trend locks downward. Second. grades were also off. '.
Cotton:Prices were easy on Southern and spot selling combin, ed with cdrimisalon-house and lodal selling in sympathy, with the weakness of the stock market. The export and consumption out- look appears to be causing some. apprehension...
Silver:-The market is quiet. Rubber: The market is quiet but steady. We believe that prices need continuous outside "support in order to remain st Current levels.
الاول
"Wheat:-Lack of commission- house buying "combined with weather scares caused a reaction We believe, however, that pur chases on dips will prove justi- flable.
NEW YORK MID-DAY PRICES
The following mid-day prices were received yesterday · from New York by Messrs; American Oriental Finance.Corporation"And 8. E. Levy & Co.
Rubber: December Chicago Wheat: Sept,
COMMODITIES
July 24,
+66
H. K. STOCK
·EXCHANGE"
YESTERDAY'S OFFICIAL
QUOTATIONS
The improvement of the last few days has been further accentuated to-day, there being A specially strong demand for Lights, Hotels and Trams. It is a buyers' market and there is a dearth of shares til round. Hongkong Banks which went up to £138,10 in London, two days ago have somewhat receded. but there are local buyers at $1835, Unions are in demand at $552.
Sales
Hongkong Banks, 31840. Wharves, $110/110j. Electrics, 5713/71.80.
1 Buyers
Bank of East Asia, $84. Tinion. Insurances, $550. Underwriters, Sik...
H. K. Fire Insurances, $230, Baguio Gold, 421 cts.
Benguet Consolidated $324. Benquet Explorations, 18. ct. Ipo Mining, $2. Raubs, $13.
Wharves, 8110. Docks, $12.
Providents (Old), $1.65, Hotels, $5.55. Humphreys, $10.40. Chinese Estates, $864. Hongkong Trams, $21.60. Yaumati Ferries, $214. China Lights (Old), $83. China Lights (New), $8.45. Electrics, 871. Telephones (New), $12. Singapore Tractions, 5/1- Singapore (Pref.), 17/8. Dairy Farms, $25.90. Watsons, $5.45.
3
S. C. Enterprises, $1. Constructions (Old), 8160. Constructions (New), 75 cts. Govt. Loan (4%), 81% Prem. Govt. Loan (34%), 14% Prem
Sellers
"Ewo Cottons, Sh. $11.40. Hongkong Lands, 859. Sinceres, $10.
Govt. Loan (34%), 24% Prem.
LATE NIGHT
CABLES
Investment Securities and Commodities
We offer you
Daily Quotation Service
and.
Every Facility for Trading through our New York Correspondenia
E. A. PIERCE & CO.
American Oriental Finance Corporation
Asia Life Bldg. 14, Queen's Rd., C
Federal Inc: 'U.S.A.
Hong Kong.
Tél. 26631.
NEW YORK STOCK EXCHANGE
THROUGH » REUTER'S AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
New York: July 34.
QUOTATIONS
New York/London Crosa-rata New York Cotton--December New York Silver -September
December
Last Today's
High Low Close Close Chang 5.04) 5.04) 5.041 5.041 unchanged Dall 13.04 12.86 13.17 12.67 0.95 ON* 48.44 48.15 46.28 40.44 0.16 up.. 16.80 46.50 4 30, 46.60 0.30 up New York Rubber-December 15.18 15.03 15.17 18.12 0.05 Chicago Wheat. --December
101. 99 Ubicago Corn December 63.
New York Silver(Business done San Francisco
#price)
Dow Jones Averages. Higt-1833/34
20 Rails
4.00 American Can ..
American Radiator.................... American Smelting.......................... 9.00 American Tel & Tel. 6.00 American Tobacco "B" 1.00 American Waterworks .......
Anaconda Copper Mining Auburn
Bendix Aviation
1.00 Borden Company
401
Of off Dall. Of off Dall.
Change
LAST SALE
1011 001
21 of
67
671
1 off
461 461
Low: July 23. July 94.
30 Industrials
110.74
00.16 91,98
$6.94.**
20. UtilitieR
37.73
"40 Bonds
95,48
25.42 32.41 19.33 21.03 73.21 95.13
91.01, 0.97 of 37.80 tbl off 90.81 0.92 of
94.93 -0.31 Of
11. Commodity Index
60.44
41.98 59.19
58.33 0.86 off"
Div.
1933/34
Pre. Sy
HIG# Low
July 23 July 14.
100 Air Boduction
112
*47]
$96)
$961
6.00 Allied Chemical & Dye
180
701 1311 129
1071
49
961
96xd
19
44
124
12
10
13**
601
14.58
14.95
84
97 981
987
24+
100
1001
65+
A
862
$63
Wing On Textiloe(S.)
Corn: December.
$60
871 677
681
63
Public Utities
$21.00)
Tramway* ************ $21 66
Winn. Wheat: October Dow Jones Av.
851
851
851
The following cables were ceived last night by Messrs. Ame- Corpora- rican Oriental Finance tion
re
93
37%
18
J. I. Case
103
Canadian Pacific
91,01 90.98
315
Puak Trains (old).....!
$14.80
STOCKS
ST
Do.
'(new)...)
$61
1101
Star Ferrion
51(0)
# $211
th
881
China Lights (old)........
$1.45
$711
$15
Macso do.
18
Bandakan Lights
190
312
210
-17/0
$155
126.30
$1,60
#5 ote.
Dzem.
perm. 81%
དྷཱཝ ཏྭཱ བྷཱཀ, ཝིཏྭཱཏྟཱ ཙ ན =སྤྱོན ། བྱཱརཀ །༄ སྦྱོརྗཎྜཆེ
Борня
+$
Do.
Lane
Kaumati Ferrie.
Do,
H.K. Electrica 471
Telephones, (old)
11120 China Buses S
Tractions
Do. (prat). Industrial
Malabou Sugare Caldbeck,
(ord. M. Macgregors (pref.)8.
Carton Ice
Cements"
*****[24.30
MiscellaneoRS
| Dairy Farza. ... . ...{ $25.60)
Der A Wings.....
Amusemente.********
Ch. Etainmenta...... 87.80 Constructions, (old){ $1 65
(new) 7 pts.
Crawford..... 4,20 Mackintoshson Nanyang Tobacco... $4.10
... $213
Ar. Smelting
354
361
.381 351
(now)... $81
$3.85 38.45
Anaconda Copper
111
Auburn
201 201
11t 201 201
$71.80
Baltimore and Ohio
171
17 161 163
J. 1. Case
40
421 423
Consolidated Gas
304-
30%
$24.90
***
(now)
$12.10
Dupont
881
861
877.
867
Elec. Bond and Share
114
111
112
111
**
General Motors
231
281
Inter. Tél, and Tel.
91
97
94
McIntyre. Porcupine
45
Montgomery Ward
241 24+
247
24
Natl. Distillers
18
18 181
·177
N. Y. Central
22
217
22 211 22
32.65
Socony Vacuum
141
144
147
Standard Oil of N, J.
42$ 422 424
United Aircraft
147 15 147 -343 147 15
U. S. Steel .....
Westinghouse
$4
39
351 351 30% 31}
351 311
35+ 351 35 201 31 311
LONDON SILVER
Biaceres.......
$104
Watsons
35.40
70 ot.
Wm. Powells
55 cta.
#
M. Greyhounds
8. Q. Enterprises... $1.10 United Thestras ....... B.
Liverpool Wheat: 5/47.
ابر
erint, Uk.G,571925G.#Bda.| 561*7,
1.8. Govt. 4% Loga
COMMODITY PRICES
+
+41
Da.
3%
1%
Wallace Harper ............... ELE Wing On ****** Sai Do.
$120
MARKET
"
12.85
New York Silver
Chicago Wheat
July 981 1977. 072 Sept. 100 99 991 Dec. 1014 101 1003
Chicago Corn
64 unquoted .861 681 Total sales:-
65 653 684 681
THE EXCHANGE openly quoted until later. A smail
MESSRS: ROZA BROS.
REPORT
Operations on both sides of the market for account of China and Indis' were advised by London yes- terday Business was small No special indications were advised; prices were 1/16 up for both Ready and Forward at 2011aid 20 re- spectively. The price in America wag slightly lower at 46.15.r
New York quoted Sterling at 15.047 both as opening and selling rates.
Market Quiet very little doing.
Sterling
1/5 13/16 was the indicated sell 3ng rate at the opening but not
London Gold: £6.17:11+0.
London Rubber: 7.3/18—1/16, 7.5/16-1/16 Noon 7.3/16 steady. Liverpool Cotton: 6.65--16 points.
London Süver: Spot 201 Unchanged. Forward 201. London New York Cross: Noon.3.042 Unchanged. 2 p.m. 5.04 1/16.
Mar. 15.57 15.40 15.40 15.45 15.47 Yotal sales:
279 lots
New York Cotton
New York, July 24.
July 23
July 24
Closing Opening Closing
12.85 12.70 12.70 12.61 12.61 Monday's sales:
business was done at that rate for July July as was also 1/5 29/32 for Oč--| Oct. 13.01 12.82 12.84 12.78 12.78 tober followed by a further small Dec, 13.12 12.93 12.96 12.87, 12.87 lot at 1/5 13/16 for July. At clos- Jan. 13.17 12.97 12.97 12.90 12.50 July ing time there was no apparent Mar. 13.28 13.10 13.12.-13.62 13.02 Sept Interest at 1/5 13/16 either by May" 13:35- 13.18 19.17 --- 13.09 13.09 | Dec. buyers or sellers but 1/5 27/32 was Spot 13.10 wanted for August delivery with * (1935). sellers at 1/5 13/18.
U.S. Dollars
Yen
96 962 971.971 991 991 Unavailable
621 821 640 041 67 67% Unavailable
Winnipeg Wheat
July 851 Oct. Dec.
London Forecast Stocks:-As there is practically na change in the situation, Wall Street is not expected to improve, though there are signs that the market is able to offer resistance to further pressure.
Cotton: The market is expected.
to open erratic.
Wheat & Rubber:-Basler, prices are anticipated.
A.OF.C. New York Cables
Silver:-Little interest, no trad ing offers at closing prices. trol bld.
Cotton:-Fairly good demand. Laquidation "less urgent.
Silk:-113Bld."
8. E. LEVY & CO's CABLES
The following cabled reports were furnished by Messrs. 8. E. Levy & Co. last night.
Weather Forecast-9,45 p.m. Cotton:-In much of the inter- ior and the West Center the wea- ther is still torṛld' with tempera- ture at 110 degrees. A forecast in dicates showery weather in the West and possibly a break in the drought. A tropical. shower is ap- proaching the Texas Coast which' is not wanted. In the East the weather is favourable,
Grains:-The heat in the Mid- West is still wethering the crop but is now finishing and a break up is approaching from the North- West where conditions are much cooler and cloudy.
London Forecast-9.20 p.m. As there la practically no change in the situation, Wall Street is not expected to improve, though there are signs that the market is able to offer resistance to further pres-
unquoted 83 831 807.
851851 sure. 891 861 88+ 871 874
801 867
New York Sugar
11
1.68
1.89 1.89-
#
A quiet market at 37 7/10 sellers Sept. 48.28 48.30 46.70 48.44 45.44 371 buyers for July and August. No Oct. 48.24 unquoted 48.49 48.49 Dec. 48.30 48.50 46.60 46.60 46.60 straight business was reported.
Jan. 46.53 unquoted 48.88 48.88
July Mar. 47.00 unquoted. 47.30.47.44 May
1.71 1.72 1.72 173 47.50 48.00 48.00 47.87 47.87 Sept. 1.73
Dec.
1.80 Total salessi.
27: lots
1.78 1.79 1.78 1.78 Total sales: 13,000 Mar. 1.83 1.83
tors
124%
Shanghai Dollars. Buyers 110. possible sellers 110
9/16.
New York Sik
New York Bubber:
Shanghai Market
July 14.57unquoted 14.49 14.49 Quiet, Sterling at 1/4 1/18 sellers Sept. 14.80 14.73 14.7434.72 -14.72 July 1.12 1.10 1.13 1/41 buyers and Dollars at 33 Oct., 14.93 -14.84 14.84 14.85 14.85 Sept. 1.11 1.10] 1.11. 13/16 and 33 sellers and buyers Dec. 15.17 15.07 15.07 15:11 15.12 Dec 1.141 1.131 113
15.30-15.14 15.14′′ 15.25 15:25 | Total sales: respectively.
Jan.
Cotton:-Erratic.
Wheat and Rubber:-Easter.
SOVIET EMPLOYEES
DEPORTED
Harbin, July 25. Thirty-two Boviet employees of 1.09 1.12 the Chinese Eastern Railway have 110 110 been deported to Russia on ac
01: alleged Communistic 113 114 count 140 40ta activities.Reuter
3.00 Du Pont de Nemours 3.00 Eastman Kodak ............
International Tai. & Tel. 4.00 Liggett & Myers B 1.00 Loew's 12c., 1.00 Me Intyre Porcupine
Montgomery Ward
2.00 National Biscuit..... 100 National City Bank 1.20. National Dairy Products
National Distillery
· 1.00 Standard, Brands
Standard Gae
1.00 Standard Oil Co. of New
Jurney.
1.00 Texas Corporation 0.12) Trans-America
H.K. SHAREBROKERS' ASSOCIATION
BUYERS
Banks. $1815. Bank of East Asia.
Underwriters, 31.2 HLK. Fires. $230. Raubs, $13.
Lands, $58.
Humphreya, 310.40. Wharves, $109†.....
Providents (niα). $1,65;
Electrics, $714,
Cements, $2.65: · Ropes, $4.30
Entertainments, $7.80. Constructions (old) $1.85. · · Constructions (new). #75 Gold $ Bonds, 2012
SELLERS
Lights (old), $890,
SALES
Raube, $13.20, Electrics. $71.80, Cements, $2.65.
0.80
Caterpillar Co.
33
35
354
114 11
114
1.43 Chase National Bank 1.00 Chrysler Motore ̈....
·3.40 Consolidated Gas of N.Y. ...
Curtis Wright
648"
20/ 19
1037
161
100
48
42
41
204 30
Electric Auto-Lite Cou „0%"a-Electric Bond & Share
318
10
304
43
871
87
Electric Power and Light... 0.40 General Electric :.
112
801
271 28
28
1.60 General Esoda
aj
45 447
441
Stocks: Probability considerable short covering.
1.00 General Motors
42
24
244
1.00 Gillette Safety ESTOUPO 1.20 Gold Dust.......
21
172
Con-
0.60 International Harvester 0.10 International Nickel
97Å
12
461
13
LI
22
99
141
141
421 42+ 421
99*
50%
18
25
001
43
N. Y. Central
0.00 Otis Elevator
59
1.00 Pacife Gas & Electric
Packard Motor
254
314
ek
0.50 Pennsylvania Railway
(2)
Radio Corpn.
131
-
Bears Boebuck
Bij
0.40
Bocory-Vacuum Corpn.
194
Southern Pacifio
802 378
1.00 Union Carbide & Carbon 6.00. Union Pacific
United Air and Transport... United Corporation United States Steel Westinghouse. E. & M.
133
16%
67
BBL
* 8 * * * * * * *arang:2*2-27.5=====*==IS_Ge¬ˆ•*--** *****-78
37
35
112)
112,
741 75
101
18
111
21
11t 201 12t 114
26.
26
auj
441
40
131
121
71
251
251
25 bld
25jbid
151
351
358
78
211
| 30"
30
24
24
1
871
861
321
9'71
97
.181
181
111
114
31
.37
aj
18
181
101
311
31
284
284
10"
111
114
18
18
30
20
244
231
10
91
51
95
984
23.
47
45
20
24
341
331
16t
244bid 24 bid.
10
184
∙∙104
201.
177
13
214
22
141
144
101
181
14
་ ཉ
27
201
28
41
12
40%
301
141
141
11
19
181
184 184
423
10.
221
401
40
111
109
141
144
4
36
354
311
311
Yaumati Ferries, $214
Lights (old), 38.75.
No comments yet.
Private notes are available after approval.