1934-07-31 — Page 12

Daily Press 孖剌西報 All

⠀⠀R HU

JY.

Stemubosby

$30

Ludos (pret) ..........

Do. let.) gerr

45

Shelte

313 10

17 acerbosts

3313

Mizing

03 ct.

Amtamoks

**

Balateos

szjoz.

$33

15 ulk

Baguio Gold

$41.18 Douglasta i.....

NEW YORK MID-DAY PRICES

43 ota

Sterling

34.30

#21

Nanyang Tubacco... H4.20

$10.30 Sinceres

$10

Watsune 1.60

70 ots.

Wm. Powella

**

5. C. Enterpris

81.10

33

COMMODITY PRICES

pren. perm

$108

.Do. Wallas Harper FL.K. Wing On B'bai Do.

41.E. Hort. 4% Loans

91%

81%

*

Dec 14.84 Jan. 14.93 Mar.15.18

market closed

New York 'Cotton

$120

May 16:423

July 27

Oct. Dec.

New York, July 28.

July 28 Closing Opening Closing

12.88 12.85 12.86 12.93 12,84 12.99 12.98 1298 13.04 23.05 fan. 13.03 13.02 13:01 13:08 13.02

Dec.

Whent Chicago July 981 1971 971 Sept. 98 992 991

1001 101-101

In the afternoon.

July 30

$3.75 *571

Close Open 10.30 11.00 11.30 Mid-day

Sterling

5.04 5.03% 5.031 5.03 5.03).

5.033

Cotton: October

12.4 12.98 13.01 12.96 12.99

13.02

56

A.K. Resities...

$5,40

Cotton: December

·∙13.05 13.13. 13.14 13.10 13.10.

19:16

$124

China Do...

Silver: September

46.03

46.00 40.00 46.14

46.10.

$137

Do. DebouturesS.

$10.341

Humphreys

$10.40

Silver: December Silk: December

48.20

46.25" 46.25 46:25

46.25

1.12

1.108 1118 1113

1.11b

New Asia Hotel

345

$140 120

Asia Roltius "A” 8.

Do.

Rubber: September

14.13

14.75 14.08 14.69

14.69

"B" D.

Rubber: December

14.84

15.15 15.08 15.06 15.06

$11.30

Chinese Estates................

Cotion Minis

Ewo

Chicago Wheat: Sept.

101

2011 101 1011

1017

Chicago Wheat: Dec,

103

1031 102) 1034

1031

S.

$11.30

Carn: September

881

Baj

88

604

70

173

S'hai Cottonsfold, S.

$72;

Corn: December

71)

714 714

721 131

$43

Do. (new)S.

Winn. Wheat: Oct.

871

$11

Zoong Sings. S..

$63

Wing On Textiles(S.)

-8114 $38

Dow Jones Average

28.89

Public Utilities.

STOCKS

$21.65| Tramways dire

121 $22 70 111.70

31a

Pork Trams (old)...

$14.60

Am. Smelting d. 32) -

321

31 311

57

$10

dit

'Do. (new).... Star Farrios | $100 Taumati Ferries - $22

Anaconda Copper

114

111 101 102

314 102

Auburn

17

17

$8.80

A

China Lights (old)... |

$8.95

Baltimore and Oblo

157

$8.45

3712

12

125

$11.90

$19

Caldbeck, Kord.) &.

SIST

$2.70

$3.70

31A5

C++

Do.

(new)... $3.40

H.K. Electrics || $79

Macao do

Sandakan Lights...

Telephonon (old)...

Do

$13.20 China Bases...

Tractiona

Do. (prof.)

Industrials

Malabon dugarS

Maogregors (pref.)8.

Canton Ives.........

Cements

Ropes

MiscellansoRS,

Dairy Farmsama Der A Wingsver Arausamenteii..................** Ch. Eleinmonte..... Constructions, (old) $185

Do.

(0)76 315.)

Lane Crawfords....... 4.20

Mackintosha.******

4. I. Case

371

Consolidated Cras

27:

Dupont

B61

882

863

Elec, Bond and Share

114

***

***

$24.90

General Motors

281

(new)

$12.20

Inter. Tel. and Tel

9

92 91

#

##ND!

McIntyre Porcupine

451"

23

18+ 18

18

12

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Bucare Mallarm Hales Nousual;

Sharebrokers'

Association

MONDAY, JULY 30.

Bayara

Baller

.. Banks

$1 N13.

$1,830

134

216

231

£131

$4

**0

5.4

36

1200

3840

H.K. Banks

195. (London) «*** Chartered Banks ... Mercantile Bk. "1"

Da.

Bank of East Asia...

N. U. & 8. Backs ... Am. O. Fin.Corp: S

Ch. Fin, Corp. Ord. 8.

Do. Pref. d

Insuranées

Canton distimiceos.-

Underwritera

Et

اور ارم

******$1.25

|}Union Jusursnors .........

China Fires

$310

3240

H.K. Fires.

36

International Assoe, S.,

Shipping

Sale Louisa

$1,830

£15

384

36.80

$995

$850 $550

3240

2413

$50

$95

34

30

60

43 cta. 43

cts,¡43 cls.

$314

HONG KONG DAILY PRESS, TUESDAY,

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

New York, July 28.

market offers an opportunity for The American, Oriental Finance potn investment and speculative Corporation's report through their | purchases. New York agents, Mesars,” E A Pierce & Co., states:–“

Stocks: The market is steady enough and chances favour an ex- tenston of the rally during the forthcoming week,

Wheat:-Prices are strong. Bu 1ish influences were: unfavourable Canadian crop advices, little pre- cipitation, the strength of the com market

and good-class buying. The weekly forecast of fair weather and rising temperatures influenced the corn market also.

Cotton: Despite higher Liver- pool advices, prices were lower on showers over Texas. The Trade ot.nbsorbed light offerings, however. |

14 cta. 98 xha

Benguet Consolidated

Do, Exploration 19 obs. 21 cta

Bu ota.

Do Goldfield

Gold Hirer

18.cts. Big Wedge

34 ste

12

៣. វិច្ឆ

Gold Creek..

1po Mining.

Itogons

Kailanā tiek

Langkata (single)

Xplorations......

Shaghai Loans

13

Venezueh Gold Fida.

$18

$5

$6.80

Docks; WharrOS,

Godowns, etc.

$110

31.60

312

15.65

1100H

H.K. & K. Wharvem) 1110)| Providents (old)

30 cts.

Do.

ex dir. $125

8319 3310

3201 $14

· [Lew) ....

H.K&W. Docks

81.55

S. Chins Motors AR 715

*,, Da.

"B"

Shanghai Docka S.

New Engineerings.

Hongkers (old) B.

Do. (now) 8. Lands, Hotels, and

Buldings

H.K. Hotels in H.K Lands...8. Shanghai Lands.....8. Metropolitan Lands..

THE

13

$125

$63

are also

Bonds:-High-grade bonds are farm and we understand that urices are slightly better, while second-grade Issues shade, better.

Cotton: The rains in Texas are considered as being insuficient; however, the Trade is hesitant to follow advances on account of poor business in the Goods' trade.

Wheat:-There was active short covering and new buying of Grains in anticipation of bullish private crop estimates in Monday. 4.

WEATHER REPORT Cotton: The weather is cooler and generally showery. A forecast gives showery conditions in Arkan- while there was also some speculs sas and some relief in Texas but tive buying. Indications of drought parts of the State have been miss- rellef in the West have" largelyed by the rain. been discounted. The weather forecast indicates clearing con ditions over the Western belt.

New York, July 28. Messrs. S. E. Levy & Company's report, through their New York agents, Messrs. White, Weld & Co.. "states:-

Stocks:-We continue to Teal that at the present level the

Corn: In the East and South Belts there are rains but in most of the Mid-West and" all of the North-West the weather is cleat and the heat is returning. In the North Rockies the torid conditions are spreading to the East.

The Corn стор estimated at 1,700.000.000 bushels. | which is considered as bullish.

*$

JULY 31, 1934.

THE EXCHANGE MARKET

MESSRS. ROZA BROS. REPORT

Silver business in London on Saturday last was small India India and China operated in the market on the selling as well as on the buying side. The market appeared steady at the close. Prices rose 1/16 to 20 for Ready and 201 for Forward. The official price in New York on was 451

Sterling was quoted at the open- ing of the market in New York at 5.03, closing at 5.03.

Market

Saturday

Very small and without inter- est.

Sterling

Sterling' was available at 1/5 25/32, buyers asking 1/5 27/32. and the middle rate of 1/5 13/16 within the range of possibility for near delivery... Business WIS done at that rate to a small ex- tent for Angust. At the lunch hour here were sellers at 1/5 25/33 and buyers at 1/5 27/32.

US Dollars

#

37 5/16 was offered, buyers bid- small ding 37 7/16 leading to business for August at 371. The market remained at this level privately throughout the morning.

Yen

Shanghal Market

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

COMMODITIES

July 28

33 sellers, 33 13/15 buyera.

IN THE AFTERNOON.

There was no reported business

Securit

Investment

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

Federal Inc. U.S.4.

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

Hong Kong,

NEW

Tel 26631

YORK STOCK EXCHANGE

THROUGH REUTERS, AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York: July 18.

QUOTATIONS

New York, London Cross-rte New York Cotton-December New York Silver -September

December

New York Rubber-December Chicago Wheat -December Chicago Corn

.

Last Today's

High Low Close Close Change 1.04 5.03 5.03 0.04 of up.B.Steady 1405 1229 123ố 105 4s ip

closed

closed

'slased

103

101 69 -December 11

New York Silver (Business done San Francisco jp_»

» price)

22.up

unchanged. Duil unchanged. Dull

Change

18.72 0.89 up

124},

46.03.

40.20

Shanghai Dollars

14.84

$1

110 7/16.

103 100

7.g. 3 up

48

10

Quiet, Sterling at 1/5 1/16 sell- ers, 1/4 buyers and "Dollars

Et

Dow Jones Averages, High-1933/34

Low: July 27.

July 28.

30 Industrials

110,74

30.18 87,84

20 Rails

56.94

95.43 34.99

35.47 0.48 up...

20 Utilities

37.73

19.33 19.28

19.86 0.98 up

40 Bunda

95.49

73.21 93.50

93.83 0.40 up

11 Commodity Index.

80.44

41.98

DIV. $

1933/34

LAST BALK

88 82 887..

Sterling after being

1/5 25/32 sellers might have been obtained at 1/5 13/16, buyers bid- ding 1/5 27/32

U.S. Dollars

Similarly "rose from 37 5/15 sellers to 37) sellers with buyers at 37 7/16.

LATE NIGHT CABLES

100 Borden Company

J.T.C

Canadian Pacific 0.50 Caterpillar Co.

quoted at

PIR. SH.

HiQa

Low

3.00 Au Reduction

119

47

July 27. July 28.

$9514 197

4.00 Allied Chemical & Dye.

180

701

1243

1271

4.00 American Oan ...

1073

401

941 94

American Radiator....... American Smelting.......... 9.00 American Tel & Tel...... 4.00 American Tobacco "B".. 1.00 American Waterworks

18

10% 111

***

101

33

321

1342

861

1081

941

737

108

74#

14

431

Anaconda Copper Mining

22/

102 114

17

Auburn

841

241

11. 11

Bendix Aviation

237

B}

247 243

378

19

379 371

103.

30

121

121

20%

-71

241

242

33

5.

23 bid 241 Did

Montgomery Ward Natl. Distillers N. Y. Central Socony Vacuum ...........

Standard On of N, J.

411

United Aircraft

15 151 35

29.

14

343 344 331

411 40% 401 40%

141

141 34

141 344

291 28+ 282 29

LONDON SILVKE'

= = = = = ⠀⠀⠀⠀⠀===

38 re

71 Steady.

Liverpool Cotton: 6.83+5 points.

Liverpool Wheat: 5/8+7/8.

London Silver: 20.3/16, 20.5/16.

London-New York Cross: Noen 5.03+. 2 p. 5.03-13/16." China sold; speculator bought, Business small

$85.00

་ས

$71

$1.00

Mote.

$4

328

12 Greyhounds......

United Theatres... 9.

85%, Ch.G.8 1025G.3Bdu.; $ej

H. K. STOCK EXCHANGE

WEEKLY REPORT

The market has Armed up again and there are enquiries

for a number of stocks. It is quite evident that higher prices have to be offered before business can result. On the other hand, there are a few stocks which have weakened slightly, such as Lands and Telephones.

SALES

Hongkong Banka, $1830. Hongkong Lands, '$51. China Lights (new) $81. Telephones told), $241.

BUYERS Hongkong Banks, $1815. Bank of East Asia, $84.

Union Insurances, "$440, Underwriters, $11.

Union Waterboats, $13.10. Bagulo Gold, 43 cts.

Benguet Consolidated. $35... Benguet, Explorations, 19 cts. Raubs, 113.

Humphreys, $10.40.

Chinese Estates, $85.

U. S. Steel

Westinghouse

16 17 17 .15 154 15 143 371 371

272 201 201 27

8.5 847 842 111 118 118 11

261 26 261 26

82 83 441 43+ 432 432

221 224 22 22

174 171 173

201, 20

201 201 201 191

131 141 132 131 138 132

London Gold: £6.18.04 unchanged,

London Rubber:'1} (B) down 1716, 7.3/16; 74 (8) unchanged 7);

| Mar. 1314 13.12 13.11 13.22 13.33 -May 13.21 13.14 13:15 13.29 13.30 13.26 13.20 13.21 13:35 13.35 July

13.00 Spot 12.95

New York Silver

July 634 Sept. 85 Tec.

003: 097. 101 1013 102 103 Unavailable

Chicago Dorn

inquoted 881 881

| 6910.69±

604 661 681 681

*71 713 Unavailable

Winniper Wheat ̧

Wharves, $110...

Docks, $12.

Providents: (old), $185.

Hotels, $3.65.

Sept. 40.03 Oct. 46.10 Dec. 46.20 Jon. 46.43. Mar. 46.90 May .47.40

market closed

July Oct.

New York Rubber

Sept. 1.74

China Lights' (old), $8.80.

China Lights (new), $8.45.

Electrics. $71.

Singapore Tractions (Pref.) 17/8 Sept. 14.43

Ropes, $4.85. ...

Dairy Farms, $25.90.

Watsons, $51.

Entertainments, 87). 8.C. Enterprises, $1. Constructions (old), $1.05. Constructions (new), 78 cts, Govt. Loan (4%), 8% Prem. Govt. Loan (34%), 2% Frem.

jOct. 14.57

·SELLERS / Ewo Cottons," Eh, $11,30. Telephones (old), $25. Cements, $2.70.·· Lane, Crawfords,, 34.30.

85185186. B8

$51 882 881 -873873 Dec. 887 077 874 *88 88.

New York Buyer

Dec. 180 market closed Mar

1.83

New York SUK

Sept. 1085 Dec #1.12

Feb. 112 market closed

The following cables were re- ceived last night by Messrs. American Oriental Finance Cor- peration.

3.40 Consolidated Gas of N.Y.

"Curtis Wright

2,00. Du Pont de Nemours 3.00 Eastman: Kodak:..................in

London Forecast Stocks:-In the absence of any unfavourable developments Wall 6% Street is expected to open Arm, prices being simulated by short 0.40 covering.

Wheat: The wheat market is expected to open firm and rather higher on expected smaller estimates of the crop.

Cotton:-In the cotton 'market higher prices are anticipated on continued unfavourable weather news.

Other markets are expected to open steady."

A.O.F.C. New York Cables. Stocks:-Stocks are making "a base to certain business uncertain- Light tles and

war rumours. volume; moderate strength.

Cotton:---Ths' advance is meeting supply, but is being absorbed quite well. Tone steady.

A.K. SHAREBROKERS' ASSOCIATION

BUYERS

Bank of East Aala, $84.

Underwriters, $1.25. Unions, $540.

Waterboats, $13.10. Baguio. Gold, 43 cta. Beng Explorations, 19 cts. United Paracales, 20 cts. Wharves, $1101.

Providents. told). $165.

Docks, $12.

Ferries, $100.

Electrics, $1D",

Ropes, $4.60,

Dairy Farms, $28," Constructions (old), $1.65. Constructions (new), 75 cts. Watsons. $5.65 Gold $Bonda. 861%. Government. Loan 31.

SELLERS

Unions, $550. Bagulo Gold, 45 cts. Ewos, $11.10. N Lights (old); $8.05. Government Log 34% 21%.

Electrics, 12/72.10.

Electric Auto-Lite Co Electrio Bond & Share ..... Electric Power and Light... General Electrie...

1.60 General Foods 1.00. General Motors

LO Gillette Baletyndina. 1.20 Gold Dust Morte 3.60 International Harvester 0.10. International Nickal

N. Y. Central ......... Otis Elevator ...... 1.50 Pacific Gas & Electric

Packard Motor

0.5C Pennsylvania Railway

Sears Boebuck

S. E. LEVY & CO.'S CABLES

4

The following cabled reports were furnished by Messrs., 3. E Levy & Co. last night..

Weather Report Cotton:-In the West of the Interior the weather is clear and torrid with, temperature over 100 degrees. A forecast of the weather for the same spot indicates pos- sible showers: The heat waye is being re-inforced from the North- West in the South. Texas and the South Central Belt.

The weather in the East Belt is unsettled which is mostly unwant ea there.

281

201

Grains The weather in the Eastern spring belts and North Lake is cooler and showery. In the South-West and Western Spring Belt the weather is torrid with temparatures over 100 de-

The heat is spreading. grees.

London Forecast

In the absence of any unfavour able developments Wall Street is expected to open firm, prices being stimulated by short-covering t

Wheat-Firm, and rather higher- on expected smaller estimates the crop.

Cotton-Higher on continued unfavourable weather news. Other markets steady}

1.40 Chase National Bank 1.00 Chrysler Motors

151

%

349344

7)

271

273

-64

31

24

21

--

86

80%

1031

834

97

1004

161

16

318

104

11

11

48

33

.. 31

15%

177

18

301

294

201

291

21

201

267

49

114

111

114

17

172

251

201

481

237

19

Internations! Tal. & Tel. 4.00 Liggett & Myare "B" 100 Loew's Ize.

301

8.00 Me Intyre Porcupine urin

Montgomery Ward

50x

35€

1.00 National Biscuit VARIE 100 National City Bank

181

1.90 National Dairy Products"...

National Distillerw

21

41A

0.60

317

Radio Corpa. ***

12)

12t

0.40 Bocony Votum Corpa,

Bouthern Pacific

10%

1.00 Standard Brands

Standard Gai

1.00: Standard Oil Co. of New

1.00 Taxas Corporation

31

(0.12) Trans-America, humaines.

1.00 Union Carbide & Carbon,.. 6.00 Union Pacific

·617

133

102

United Air and Transport.

161

United Corporation

United States Steel Westinghouse E. & M.

524

* * £ : * * @ à ¤ 5 8 ? ¤ˆ«*¤×¤×* -**§‡PER

241

9

951

221

452

321-

23 337

22 bid 22 bid

151

18

20%

14

18

3

245

47

54

361

361

137

· 163.

181

19

411

217.

5k

51

́39) **

40

103.

15

31 31

35 341

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