1934-08-11 — Page 12

Daily Press 孖剌西報 All

Bayres Bullet

Usina Nomissi

Sharebrokers' Association “

Bayern

dollar

Sale Komiza

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

£135 £10

931 £131

FRIDAY, AUGUST 10,

Banks

H.R. Banks

Do. (London)

Chartered Banks...

Morcantile Bk. “A”

Do.

Bank of East Anis...) 384

N. 0. &B, Barks

Am. Q. Fin. Corp; &

Ch. Fin. Corp. Ord, B.

Insuranose

Underwriter

+44

:$1:60

313}

$1,750

584

|60jats./01 cts.

$30

་་་

$1,775

44

***

T

!!!!!!

31.30 $540

£18+

*88*

£15

| $5,80

IL

$550 $240

35

Pref. S.

$200

Canton IngurKUOSE.

$1.30

$550

3580

Union Insurance ca

*** $1.85

China Fires

$510

3280

EL.K. Fires

16

International Assos, 5,

Shipping

$40.85 Douglases

$411

47

Steamboats

+

$7

$30

ludos (prof.)

$31

Do (def.)

36

47/6

Sheria

50%

(13)

Waterboats

Mining

$131

Amtamoks

61 oba

Bajatcos

114

48 o

Baguio Gold

147 cta.

$40

Bengust Consolidated

3414

1 oth

Do.

Exploration

119 ct.

20 ots.

Do Goldfield .......

12 ots.

Big Wedge

16 cts.

24 ots.

Gold River

21 ota, 23jcts.

12

Gold Creek...

ipo Mining.

25

Σοβάτι

2:3

$21

Langkata (single) d.

10+

$7

3113

ARE

***14

346

Explorations...ind. Shanghai Loans S.

$13.49 Raubs ..........................

|50 eta

Venezuela Gold Fida Docki, WharrES, Godowns, eds.

+H

H.K. & K. Wharres. $119

Providents (old) - $1.65 $1.70

Do.. (LOW) ***

H.K. & W. Docks

S. China Motors”A”

$13

***

www

Do.

$195 Shanghai Docks S.

35

New Engineering.

$319 Hongkowa (old) B. $310 Do. (er) S. Landi, Hotels, and

Buildings

10.65

144

$25

H.K Landa........8.

KE

NE

27/- $184

38

-$131 10,80

HONG KONG DAILY PRESS, SATURDAY, AUGUST 11, 1934,

NEW YORK STOCK AND THE EXCHANGE

COMMODITY

QUOTATIONS

AMERICAN ORIENTAL › FINANCE CORPORATION

AND S. E. LEVY & CO.

New York, Aug. 9. The American Oriental Finance Corporation's report through their New York agents, Messra B. A Fierce & Co., states:-

Stocks:---Prices were irregular early in the day on profit-taking, but later advanced on nëws of the Nationalization of silver.

from the Govern-

MARKET

MESSRS, ROZA BROS. REPORT

Silver prices at 21 7/16 for both deliveries advanced'1/ and 7/16. for Ready and Forward respec- tively. The advance was due to American purchase as anticipated. Sales were made for account of China Banks to a moderate ex- tent. The market closed on tha

centa.

the weakness of the Dollar and the strength of commodities. Metal stocks received unexpected en couragement ment move nationalizing silver. steady side with American buying Whether the Government moves inquiries and no apparent sellers. towards further inflation or again In New York the rate rose to 49.98 exercises restraint in order to 20- complish the large impending bör- The market for Sterling in New. rowings cannot, be promptly fore- York yesterday was erratic. The CornThe market was a strong cast. We anticipate further rate opened at 5.05 with the low sustaining influence for Wheat. strength to-morrow, followed by point of 5.04) and high point of Frices advanced on reports of con-profit-taking. Business done: -----

5.10 and closed at 6.08. tinued crop damage, rains being 1,420,000, shares. Inconsequential and continued dry weather in the Canadian North- Bonds: High-grade issues were West. Further deterioration of the unsteady, while second-grades crop is indicated. The volume of were erratic. business has increased and buying was general.

L

Market

Stendy, easying later following Shanghai There was no response nelther in Shanghal nor here to the substantial rise in Silver pri-

Sterling

Catton:--The cotton market was strong on trade buying," prompted | ces. Cotton: Early realizing streng-by the extreme dry heat in the

1/8 11/32 was available at the thened the technical position of South-West. Prices should work the market. High temperatures in higher, unless Southern offerings opening with buyers at 1/6 13/32 but business was done at 1/63 fol- the cotton belt and the nation- increase sharply." alization of silver have broadened SOver-Trading has been inde-lowed by 1/6 11/32 and 1/6 5/16 demand. The trend looks up. finitely suspended and we are all for near delivery. At the lunch ceasing to express any opinions, hour there were sellers at 1/5 5/16

and buyers at 1/8 11/32

U.B. Dollars

Silver-The market closed at

49 96 nominal,

Flashes: Brokers' Loans have decreased by $58,000,000. The Pull man Inc. for the six months earn-

ed 8 cents per share against a loss at $2,622,000 for the corresponding

President period of last year. Roosevelt says that the Goyern- ment does not intend to injure 48 3 honest business. President Roose- velt has nationalized silver at 50.01 $2

$8

$120

351

តនគីរី ! ៖

cents an ounce.

Business done:-181 contracts.

Rubber: Prices are strong. The

announcement of the nationaliza-

ין,

Were reported to have been done tion of silver stimulated business to a fairly large extent at 38. in all commodities. but more es38 13/16 and 383 for near and for confidentially and directly inform-hour was 33 11/18 sellers, 381 pecially in rubber. We have been September. The rate at the lunch

cd that one of the biggest interests buyers for August. in the Trade is not following the

advance and is inclined to start taking pronts on the scale up

Fusiness done:-1,110 lots.

Wheat:-Prices are higher. The j New York, Aug. 9. Government wheat' report is ex- Messrs. S. E Levy & Company's pected to show but little change report, through their New York from recent private reports, but agents. Messrs. White, Weld & Co.. the weather in the corn-belt has states:-

lately been. most unfavourable. Stocks: Continuing agitation Purchases are suggested on any fur further inflation is already re-set-backs. Wednesday's sales:- fected in declining bond prices. 53,520,000 bushels.

H.K. Hotela

*** *** $$.60

$6.70

$58

$56

Shanghai Lands.....S.

$14

Metropolitan Lands..

H.K. Kasities..........................

$5.40

$ib

Chins Dod

$137

Do. Debentures S.

COMMODITY PRICES

$20.40

$46

New York Cotton

$140

"B".

$10.40 Humphrey■ ........................

New Asia Hotel

Asia Realios "A" S.

Do..

Chinese Estates........

Cotton Milla

Ewoon.ß.

385

$10,00

$20

173

Yaumati Ferries -- $14

LATE NIGHT CABLES

The following cables were re- ceived last night by Messrs. Ameri can Oriental Finance Corporation. London Forecast

Yen Various rates from 128 to 1281.

Guliders

561, 561,564....

1002.

Shanghai Dollars

Shanghal Market

Sterling was offered at the opening at 1/4 11/16 with buyers at 1/4 13/18 but the tone " later was less robust with sellers at 1/4 19/16 with buyers at 1/4). Dollars were quoted at 35 sellers, 35 7/18 buyers and lost 1/4 during the course of the morning to 35 and 333/16. sellers and buyers respec- tively.

IN THE AFTERNOON

There was no special feature in the market in the afternoon, the market fluctuated very narrowly.

1.

M

New York, Aug. 9. August 8

August 9

Closing Closing. Opening Oct. 13.64 13.62 13.64 13.82 13.83

Sellers Dec. 13.80 13.78 13.81 13.96 13:98

Sterling was done at 1/8 11/32. Jan. 13.86 13.85 13.88 14.01 14.01 We expect the American markets Mar. 13.97 13.95 13.97 14.12 1413 to beneft by the revival of in-closing with sellers at 1/8 5/16 May 14.02 14.02 14.03 14.18 14:18ationary sentiment arising from and buyers at 1/8 11/29. July 14.07 14.08 14.07" 14.21 14.21 the nationalisation of silver: Spot 13,75

$11

Shai Cottons(old)S.

$731

$43

Do

faems.

#11

Zoong Sings .......

463

Wing On Textiles(8.)

8114 $66

Public Cutting

$21

Tramways l

$11.30

$13

Poak Trams (old)...

$14

$7

Do. (new)...

56

13.95

$10:

Star Forries

$100

$8.90

Chins Lights (old)...|

$8.90

New York Stiver

***

$8,40

*

Do. (ROW)... $9.40

$72

....

HK. Electrica with

$72

$20 18

Macao do.

$24.80

$11.80

(now)

$11.00

Sept. 43.00 48.70 48.75 Oct. 49.05 unquoted Dec, 49:38 49.15 49.33 Jan. 49.45

unquoted

S

Mar. 49.65 unquoted

Tractions

May 49.85

unquoted

Total sales:-"

New York Bubber

Bandakan Lights... Telophones (old)....

Da

$12.30] China Bases

Do. (pref)......

Industrials

$25 Dairy Farman; ..... .....

$21

181 contracts

Sept. 15.55 15.50 15.51 15.95 15.95 Oct. 15.69 unquoted 16.10 18.10 15.98 15.95 16.95 16.40 18.42 Dec. Jan. 16.08 18.04 16.04 16.54 16.54 16.34 16.33 16.35 16.80 18.85 May 16.60 16.61 16.82 17.04 17.07

Mar

Total sales:-

H

1,110 lots

Chicago Whest

Sept. 109 109 1091 1101 110 Dec. 111 112 1114 113 1134 May 1147 115 1151 118 118

55,529,000 Wednesday's sales:-

bushels

511

Malabou Sugar

321

Caldbeck, Hord.).

319

Macgregors (pref.)8.

$2.70

Canton Ives

M4

2.66

Cements

'swomančiarce) $2.55 | 32.85 *2,60

51.00

Коре

Miscellaneous,

$26.9u) $28.20

Der A Wings..

$4

Amuremente

$7+

Ch. Etainment............

14 $7.00

$1.00

Constructions, (old) 31-65

78 ct"

Do. (new) 76 ots.

$4.30

Lane Crawford....

44.10

Mackintosh

.......

Nanyang Tobacco...

310

Sincerest

$10

$5.70

Watson.

$5.80

70 ota.

Wm. Powells

[05 'sta..

M. Greyhounds.

#1

8. Q. Enterprises

$1.10

United Thestros.....8,

***

H.B. Gorb. 4% Loans 61%

Do. 21%

H.K. Wing Oo erries) Da

$130

$116

Chicago Corn,

Sept. 768 781 761 *Dec. 791 701 791 May 841 841 841 Total sales:-

791 794 821 829 871 87 22,533,000 bushels

cause of the club's small paid-up capital, which consists of 5,782

Whanipeg - Wheat

shares at $1 each.

Oct.

944

games

The club's revenue was £77.947, | Dec. with League match "gate receipts May. totalling £52,707 and Cup-ties and "friendly". £12,603.

951 991

954 96 991001

94 "941 947 947

9698 99% 100

producing

1

prem.

85 Ch.G.SX1025G, Bd. 561

Wallsce Harper......

ARSENAL F.C.'S PROFIT

£25,707 Gate Receipts

(Special Air Mail Service)

London, July 35. After writing off £10,000 for Other items were: Bale of season Sept 1.80 expenditure on their ground the tickets 5,208; London Combina Dec. 187 Arsenal F.C% in winning the tion match receipts, £3,513; pros|Mar. 1.91

New York Sugar

1.78 1.78 1.79 180 188 188 187 1.87· 1.39 1.89 1.91 1.92

:16,000 tons

New York BIK -

grammes and handbooks, £2,282. Total sales:-

On the expenditure side players' wages, benefits, transfers (includ ing the provision for next season), bonuses, and talent money took Sept. 1.10 1.10 1.12 1.13 1.13 £34,801, Income-tax and reserve Dec. 1.141.15 1.153 1.164 1.17: absorbed 26,870, and £3,131 went Feb. 1,14, 1.15 1.16 1.18 1.161 In travelling, hotel expenses and Total sales:bat players equipment.

League championship, made a prosit of £23,018 last year,

These figures are the highest of any League, club. Manchester City, the FA Cup winners, made £16,322, and Tottenham Hotspur, the Arsenal's North London rivals, reported a profit of 215,838,

From the Arsenal's net profit £20,000 is transferred to the general reserve, which now stands Major-General J, D. McLachlan at £50,000; £2,694 is carried for- has become a director of the Ar- ward; and £324 goes to share-senal. A shareholder of the club holders from & dividend of 73 per for many years, he alls the cent the maximum allowed by vacancy on the board caused by the Football Association, Diyl- the appointment of Mr. G. T. dends account for only £324 be-'Attison as secretary-manager.

New Arsenal Director

Realtys, $5,20

-189- lots

Providents. (old); $1.75, Trams, $211,- Lights (old), $8.90. Telephones (old),' $24.20.

SALES Underwriters $1.30.

U.S. Dollars

therefore, Wall Street will open

Dollars were done at 39 for Oc- higher, though it may react later,tober at 381 for cash 33 13/16 unless a further announcement re- looked obtainable at the close of garding Government plans for the the market. future is issued,

On

the commodity markets,

Shanghai Market

wheat will open higher in sym Sterling 1/4 sellers, 1/4 11/18 pathy with corn. The U. S. Goy. buyers, at 1/16 higher subsequent- ernment Bureau report is expectedly. Dollars 35 3/16 sellers, 35 1/4 to be very bullish. Other com- buyers, and last advised at 354 modities will open higher, but the and 35 5/16 sellers and buyers. cotton market appears to be tired. though prices should ultimately advance,

A.O.F.C. New York Cables Stocks: The President's speech is discouraging to the industrial East.

Silver: The Government's sliver action is interpreted as another move in the inflation programme. | At the opening the market, wax

with prices fairly active changed, later alightly downward

J

H. K. STOCK EXCHANGE

WEEKLY REPORT

During the past week, the has been on a small scale. At the amount of business put through

trend on diminishing - volume.

same time, rates have been fairly Cotton: Realizing and little

well maintained, but the "rise in Southern selling eaught stop loss silver brought out sellers of Banks orders. Commission houses bought and Unions Generally speaking spot cotton. There were some new there is very little disposition speculative buying. Demand was amongst holders to part with scrip more limited.

H.K. SHAREBROKERS" ASSOCIATION

BUYERS

Bank of East Asia, $84. Underwriters, $1.25.

Douglas, $41 Antamoks, 60 cta Bagulo Gold, 44 cta Gold Rivers, 21 eta. United Paracales, 21 Hotels, $5.60.

Providenta (old), $1.65. Docks, $134. Lights (new) $8.40. Cements, $2.55. Constructions (old), $1,65. Constructions (new), 75 cta. Lane, Crawfords. $4.10. Watsons, $5.80. Gold Bonds, 88%... Govt. Loan 34%, 2%

SELLERS

Antamoks, 61 cts. Baguio Gold, 46 cts. Beng Explorations 19 Gold Rivers, 23 cts. Hotels, $5.70,

(Continued on Previous Column)

and a small improvement in local | conditions is all that is needed to bring about an appreciation in prices.

Business Done Daring The Week

Hongkong Banks, $1750. 'Union Insurances, $560, $558,

$550.

China Underwriters, $1.30. H.K. Fire Insurances, $260. Wharves, $112, $113. Lands, $56.

Humphreys, $10.40. China Lights (old), $8.80. Electrics, $72.970 Constructions. (old),"$1,70,- Constructions (new), 78 cts. Antamoks, 80 cts, 601 cts. *****81_cta".

Balatoca, $381.

Baguio Gold, 48 cts., 44 cta. Baguio Rivers, 24' 'cta.⠀ Ewo Cottons, Sh. $11. Clovt Loan 31%¦¦25% Prem."

Changes (2.15 p.m.) Closing Quotations BUYERS Hongkong Banks, $1730. Tramways $21.15 Antamoks, 59, eta, Bagulo Gold, 44 cts.

SALES

Bagulo Gold, 44 ets

Investment Securities and Commodities

We offer you

Daily Quotation Service

anxi

Every Facility for Trading through our

New York Correspondents E. A. PIERCE & CO.

American Oriental Finance Corp

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

Federal Inc. U.S.4.

Hong Kong.

Corporation

Tel. 26631.

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

QUOTATIONS

New York: August 9.

Last Today's High Low Close Close Changs New York/London Cross-rate 5.10 3.0 5.05 Unrecd. Weak New York Colton-December 13.98 13.63 13.80 13.96 0.16 up. New York Silver-September 48.80 48.700.0) 49.90 1.96 up-

"December 48.90 49.41*49,38′ 49,86° 0,60 up New York Rubber-December 18.49 1291 18.98 18,49, 0.48 up Chicago Wheat -December 113 110 111 11311 up Chicago Corn

-December 827 79 71 "891 34 up New York Silver (Business done

49. 48 of up Firm. San Francisco

471 49 04 up Firm.

-price)

Dow Jonas Averages, High-1833/34 Low: Aug. 8.

DIV. Pax Sa.

8.00 Air Bednation

American Radiator....... American Smelting.........

9.00 American Tel. & Tel ..... 5.00 America Tobacco." " 1.00 American Waterworks

Bendix Aviation

1.60 Borden Company

J. I. Case...ing Canadian Pacific

0:50 Caterpillar Co.

2.00 Du Pont de Nemours

3.00 Eastman Kodak

Electric Auto-Lite Co.

8% Electric Bond & Share on

Electric Power ‘and Light...

0.40 General Electric

1.00 General Foods

1.00 General Motors.............. 1.0" Gilletta Balety. 1.20 Fold Dot

92.61 0.36 of

Aug. 9. Change

30- Industrials.

110.74

50.16 88.97

91.34 2.37 up

20 Railr

36.84

- 25.43 33.83

34.63 0.7% up

20 Utilities

37.72

18.33 20.0

20.69 0.59. up

40 Bonds

.95.48*

11 Commodity Index

80.61

73.21 93,17 41.08 63.99

85.95 1.98 up

1933/34

LAST SALE

HIGH LOT

112

471

Aug. 8. - Ang, 8.

$961"

$98

8.00 Allied Chemical & Dye 400 American Can

180

70

125

1283

1071

491

931

961

19

48

11

121

554

101

35

381

1348

861

#1097 111

-75.

74 bid

001

431

144

162

B

Anaconda Copper Mining Auborn

22

111

13

19

202

84

241

121 13

231

01

251

261

37

18"

384 404

103

30

141

144

20k

71

261"

267

33

01

251bid. 261bid

1.40 Chsas National Bank 1.00 Chrysler Motors

407

157

301- 321

门道

79

28

274xd

3.40 · Consolidated Gas of N.Y.- ...

Curtis Wright

548

311

24

3

st

871

801

1031

39+

974

98

1004

48

17

1k

311

10

11

12

48

37

4

15

31

184

101

301

101

281

294

391

81

284

30

10

117 114

..72

17

181

12

254" 261

0.60 International Harvester 0.10 International Nickel

467

.. 247

251

91

101

International Tel. & Tel. 4.00 Liggett & Myers "B"

942

951

26

274

1.00 Loew's Ins

48

49

2,00 Me Intyre Porcupine

211 23

32

331

2.00 National Biscuit 1.00 National City Bank 1.20 National: Dairy Products

600

231biq 237bid.

48

18%

161 107

254

106

18

194

National Distillers

N. Y. Central .... 0.00 Otis Elevator......

410

20A

21

22

14

514

141

25+

100

1.50 Pacific Gas & Electric

Packard Motors

154

153

317

3

3

0,50 Pennsylvania Railways..............

€1

#1

22

22

493

13, 97

Radio Corpn.

121

3

Sears Roebuck

33

35.

19)

0.40 Socony-Vacuum Corpn.

Southern Pacile .......

138

141

17

174

194

37:

.74

to

1.00 Union: Carbide & Carbon 6.00 Union Pacido

617

123.

95

United Air and Transport...

TAZ

:16

15

United Corporation

37

234

344

331

GERMAN CANOERS AT LYONS.

Montgomery Ward

1.00 Standard Brands

-Standard Gas

·1.00 · Standard Oil Co. of New

Jersey

1.00 Texas Corporation 0.12 Trans-America

United States Steel Westinghouse E, â ̃ ̈36

JEWISH MOSLEM RIOTS

(Special to "Hong Kong

Daily Press")

(Special to "Hong Kong

(Hg Telegraph, Copyright, Tela | Dally Fresa")) graphic Massages Ordinance, 189.4 - (By Télegraph, Copyright, Received, August 10, 4.30 p.m.)

graphic Messages Ordinance) =18044"

Received, August 10, 4-30 p.m.)

Paris, August · 10, Thirty four German can

Paris, August 10, With regard to the Jewish- Moslem rlots the first report furnished to the _suthorities by from Stuttgard arrived at Lyons.

the Governor General of Algeria, who had cut short his leave, points out that be had consulted both the Jews and the Moslems regard. ing steps to prevent further m- pleasantness, and he had hopes that the parties would live up to their promises

One hundred and nity

with thirty four canoes on Thurs- day and intend to continue along the Rhone down to the Me ranean. —Transocean Huo Min

with

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