1934-08-18 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Научен

Exchange

Belimo

"Sharebrokers' Association

Nominali

FRIDAY. AUGUST . 17.

dellere Ruyas

Bales Numina

Banks

$1,720,

་

£1351 £18

Lal

£13

H.K. Banks

ཤས་ངན་ར* 3:,712 Bo. (London).... Chartered Banks... Mercantile B› "A" Do. *0"

$1,730

་་

Bank of East Asia....

N. C. & S. Barka .....

394

#20

Am. O. Fin. Corp:

B.

£18 £30+ £154

35.00

H

Ch. Fin. Corp. Ord. .

Do. Prof. S

Insurances

$400

Canton nauraucƏN,

$1.30

Underwriters

$295

Union Insura2008 ...'

91.90

£ !!!

1510

.. Chink Fires

9525

3260

H.K. Firus...¶¶

[International Assoe. 3,

3650 $940

6

Shipping

#7

$33

Do. (def.)

47/6

1131

Waterboats

Mining

10 ota.

(60 eta,

Amtamoka.....

$36

Balateos

44ct

H0.65) Douglazim **********

Steamboaby

$30 ludos (pref)

Shell ROZSTUDOTTA

541

......

59 eta

HONG KONG DAILY PRESS, SATURDAY, AUGUST 18, 1934.

NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS

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

'li

New York, Aug. 16.'. The American Oriental Finance Corporation's report through their New York agents, Messrs. E. A. Pierce & Co., states:

con-

Stocks:-Industrial issues tinue to be relatively encouraging. but there is an absence of any follow through. Opinions are very much mixed, with no one evident- ly willing to take positive positions. There is no particular news affect.

ing the market as a whole.

The trade bought moderately, ab- sorbing Ilquidation.

Flash:-Brokers' louns are creased by $8,000,000.

de-

New York, Aug. 23. Mesara. B. E. Levy & Company's report, through their New York agents, Messrs. White, Weld & Co. states:-

Stocks: The market again lacks stimulus and now faces a further We would, therefore, continue to dull period, with sagging prices

accumulate stocks only gradually." Business done 610,000 shares.

Bonds:- High grades were strong.

with # fair demand. Second-grade Issues remain Un- changed..

Wheat:

more

Grain: Prices are influenced by Sa $30

the strength of the foreign mar- 38kets and advanced in the early 47/8 part of the session, which attract $131

ed profit-taking. Farly general rairs in the Argentine 'brought

Considerable short some weakness Trading was light covering early in the day and 44 ata and prices were easily influenced. favourable weather "caused some The Winnipeg market failed to re-selling of Corn. We think that flect our early strength although the rain in the Corn Belt came too there were reports of a good export late. Wednesday's 67,914 000 hu- business. Sectional rains in the

shels. corn belt did little more than strip deterioration. The market met with resistance on bulges and mo- derate support on recessions.

19 ots.

4

871-

$112

Cotton: The offtake in cotton goods is encouraging. The wea. ther continues hot and dry in the West and conditions were mostly favourable in the East. The thar- ket is small and easily influenced.

Cotton-Crop reports are, still bullish. The Trade is nervous over possible. Government action on loan values and on the Process ng Tax.

"MESSRS, ROZA BROS.. REPORT

대

Bliver prices were 1/8 lower in London yesterday, Ready being quoted at 218 and Forward at 21 9/10. American "purchases were again the feature of the market. China and India operated both as sellers and buyers. The outlook was advised as steady.

Sterling opened in New York at 5.08 and closed at 5.08).

Market

Inclined to lose some of its" ro- bustness at the opening of the market but subsequently steadied up. Rates, however, eased again

was steady." finally, The market, nevertheless.

Sterling,

Was quoted at 1/61 sellers, 1/6 7/18 buyers leading very early to business at 1/6 13/32 followed by 1/8-7/16 for September. 1/8 7/16 cash, 1/6 15/32 second half Sep- very in the last week of Septem- tember and the same rate for de-

ber, and 161 October. At the

1/6 13/32 for near and 1/8 7/16 lunch hour. there were sellers at

September, buyers at 1/32 higher.

U.S. Dollars

tember business was done at 391 Sellers at 39, buyers at 394. Sep-

and August at 39 1/16. The mor- ning session "elosed with sellers at Rubber: The market was 39 and possible buyers at 39 1/16 steady. Trading in futures was for near. light. Buyers of actual rubber are not following advances. Business done 56 lots.

NEW YORK MID-DAY PRICES

The following mid-day pricas were received yesterday from New York by Męssiy... American Oriental Finance Corporation, sad 8. E. Levy & Co.

COMMODITIES

Aug. 15

Yen

129.

Guilders

50%.

Shanghai. Dollars

1101, business done near and foi-, ward.

Shanghai Market

Sellers of Sterling at 1/42, buyera at 1/4 11/16. Dollars 35 5/16 sell- ers, 357 buyers, and later 351⁄2 and 35 5/16 sellers and buyers respec- tively,

IN THE AFTERNOON

The market was active in the early part of the afternoon.

Sterling

Business was done in Sterling at 1/6 7/16 for August delivery and at 1/8 15/32 for

three the last weeks of September Subsequently the market eased to some extent and at closing time 1/6 7/16 was' not on offer and there were pos- sibilities of buyers at that rate in- cluding September. Forward ratés were difficult to get at the usual corresponding difference.

U.S. Dollars

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 Corporatio

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

Federal Inc. U.8.4.

Hong Kong, '.

Tel. 26631.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON-COMMISSION.

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE

COBRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7. ICE. HOUSE STREET, HONG KONG

· Tel. 80101 and 30103

Tal, Address: Selco

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERICAN ORIENTAL. FINANCE CORPORATION"

AND S. E. LEVY & CO.

QUOTATIONS

Last Today's

High Low Close Closs Change 5.00 5.08% 5.07% 5.08 0.01 up

Change

Aug. 15. Aug; 18.

$2

16 uta.

[20 ota.

Baguio Gold.......

Benguet Consolidated

Do.

Exploration

Do. Coldfield

12 ota. Big Wedge....

24 ota. Gold River,

Gold Creek.

- 194

13 ots.

99 cts,

Ipo Mining...

15

Itogons

*ZI

22/0

Kadals

$21

Langkats (single) 8.

$18

¥5

Explorations.

及

18

Shanghai Loans s

18

$7

$13.49 Räube

Docks, WharVOS,

Yonezuela Gold Fide

$134 $6.80

Godowns, sta.

$113

H.K. & K. Wharves.

51.60

Providents (old)

81.60

$1.65

(50 cta

Do.. (new).

Do..

55

H.K. & W. Docks ...| 314

S. China Motors' A

$116 Shanghai Docks S.

New Engineerings 8,

#312 Hongkaws (old) 8.

Do. (new) 8.

ug

guin

45 cta

$2

19

141

#116

351

$310

Lands, Hotels, and

Buildings

15.65

H.K. Hotels........

$6.50 -35.55

$53

H.K Lande.........8.) #63

9534

$25

Shanghai Landa... S.

$14

Metropolitan Lands..

251

HK. Realties.........

$8.10

$154 China Du....

$137 Do. Debenturesd.

$10.40 Hawphrey

New Asia Hotel ...

Aug. 17

$10.40

16

Sterling

$140.

120

'Asia Realting “A” S.

Do.

Cotton: October

"B".

Cotton: December

Chinese Estateɑ..................!

Cotton Mil

Silk: December

1.164

$11

Ewuy......

311

Rubber September

15.68

$731

$43

Sta. Cottons(uld S.

Do.

$73

Rubber: December

16.12

Close Open 10.30 11.00 11.30

5.00 5.09 5.10 5.091. 5.09% 13.40 13:26 13.28 13.28 13.27 13.56 13.41 13.44 13.43.13.44 1.158 1.158 15.71 15:85 15.88 18.12 18.07 16.10

Mid-day

5.091-

New York: August 18.

(new)S.

Chicago Wheat: Sept.

1017

1001 1001 1011

13.29 13.44 1.15% 15.56

16.07 1011

New York/London Cross-rata

$17

Zoong Sings ..............S.

$114

$56

***

221.15

815

Wing On Textiles(S.)

Public Utilities

Tramways.......$21.10

Pork Trams (old)...]

Chicago. Wheat: Dec.

1037

1031

103

103+

103

New York Cotton--December 13.70, 13.04 13.81 18.58 0.05 off New York Rubber-December 16.13 18.02 15.88 18.12 0.24 up Chicago Wheat December 1051 103 103 1031 Chicago Corn -December 80 .77 79 78 Silver-Official

O up

401

*ul

$86

Corn: September

754

744 742 7411

74%

Dow Jones Averages, High-1833/34 Low: Aug. 15.

of off

Aug. 18.

unchanged

Com: "December

781

774. 772

771

77

30 Industrials

110.74

50.16 91.00

91.58 0.69 up

***

$14

Winn. Wheat: Oct.

831

857

851

20 Rail

56.94

25.43 34.69

34.97 0.35 up

351

$7

L Do. (Dew)...

20 Utilities

37.78

19.23 20.16

20.45 0.28 up

36

40 Bonds

95,48

73.31 92.84

92.78 0.24 up

$101

Star Ferries $991

STOCKS

1

Yaumati Furries...

#211

11 Commodity Index

65.25

41.98 62.55

62.67 0.12 up

381 38.30 $71

$8,85 $8.90

China Lights (old)...

| $8.75 || $8,75

Am. Smelting

374

374

38

Div. #

1933/34

LAST SAL

Do. (new)... 18.30

H.K. Electrics****

Anaconda Copper

12)

124

121

PT. SH.

Brow

Low

371

$25

Macao do

Auburn

204

unq.

"Sandakan Lights...

Baltimore and Ohio

18

ung.

324)

Telephones (old)

$24

$24.20

J. L Case

40

40

40

407

$11,80

Do. (now)...

F11,90

E

$13.20

Tractiona

17/

311

321

Caldbeck, Hord.) 5.

$10

Mucgregor/(pref.)8.

32.70

Canton Ices

2.55

91

$440

China Buses...... 3.

Do. (pref.).......

Industrial

Malabon Sugara

Consolidated Gas

27k

371

271"

Dupont

89:

·891 891

891

}

Elec. Bond and Share

118 113 118

11

Cements

24.00 Ropes..................

Miscellaneous

Hiiri

General Motors

Inter, Tel, and Tel.

20+ .293 291

291

101 101

301

10%

Dollars were at 39 1/16 buyers for August, 39 buyers for Septem- ber but business was reported for September at the last rate. The market closed with sellers at 39.

Shanghai Dollars, Business done at 110 7/18.

3.00 Air Beduction'

112

471

$99 $997

!

8.00 Allied Chemical & Dye,

701

127

1271

4.00 American Can

1071

493

961

,07

American Radiator....... American Smalting..

19

+A

13

131

554

101

37

377

9.00 American Tel. & Tela 5.00 American Tobacco" B** 1.00 American Waterworka

1344

ક

· 111

111

944

75

752.

201

431

.17

181

5

McIntyre Porcupine

48

484 481

481

Montgomery Ward

221

23

23

231

Natl. Distillers

181

194

N. Y. Central

217

211

211

Socony Vacuum

151

154

154

325

Dairy Farmas

#25,85

01

Der A. Wing.............

Standard Oil of N. J.

441

441

441

|-

Shanghai Market

Sterling unchanged. Dollars 35 5/16 sellers: 351 bayers. Later 35 sellers..35 5/18 buyers.

Bendix Aviation

1,80 Borden Company 1. 1. Cass. Canadian Pacific

0.50 Caterpillar Co.

Anaconda Copper Mining Auburn

22

124

121

5

841

201

201

241

127

121

23A

.

252

28

37%

18

391 セ 40

103

3u+

137

131

20A

71

271 261

33

ï

Amusements .........

14

United Aircraft ....

154 15+

151

151

242bld 251bid

1.40 Chase National Bank

104

10%

321

33+

$74

Ch. Etainments......

$7,00

U. S. Steel

331

341

34

$1,80

Constructions, (old) 31 70

Westinghouse.

321

321

321

78 ats,

Da.

34:30

Lane Crawfords...... $4.10

"Mackinwaha

(now) 7! st&.

Nanyang Tobacco... 341

$10

ANY

Biacores naikun

310

$5.60

Watsons

mins $5,80

70 ata.

Wa, Powells

55 cto.

พร

12

M. Greyhounds......

31.10

S. C. Enterprises. $1.95

39

United Thestras...8.

88

Ch.C.041925 0,9Bds.| 501*7.

*31*%

prem.

perm, 34%

H.K. Gort. 4% Loan 712

Do.

31%

$7

'Wallace Harper

$108

940

HK, Wing On S'hai

Do.

#120 $118

realizing; buyer.

$2.

921 925 914 91 Wednesday's sales: New York Sugar -

Total sales)------

Chicago Wheat

102 1024 1011 1011 Dec. 1038 105 1051 1033. 1037 May 108 108 109 1061 108) 67,914,000 bushels

11

L

56 lots

87

.88 875 66 A6

-882 ** 891 - 887 Continued on Previous Col)-

LATE NIGHT CABLES

London Forecast Wall Street is expected to

open higher on the renewal of in-

domestic trades chief

(Received 10.30 p.m.) Stocks:-Small volume may work somewhat higher,

Grain: The market is expected to open one point lower.

COMMODITY PRICES

New York Cotton

S.E. Levy & Co's

Cables

following cabled reports were furnished by Messrs, S. E. Levy and Co. last night.

Washington: Drastic revisions of crop control policies are being formulated following the report of Bureau of Agricultural Economics that normal surpluses of practical- ly all staples and farm products are wiped out by the drought. It American Weather Report

is understood that while produc-. Cotton.-It is partly cloudy Intion control would not be aban- the Central and Western Cotton doned, emphasis will be laid on Belts with little change in the expanding acreage, to compensate. Lemperatures.

for drought losses. Wheat.The weather in the

New York, Aug. 17. August 18

August 16 Closing Opening Closing Oct. 13.48 13.56 13.54 13.40 13.40 13.61 13.69 13.67 13.55 13.56 Dec. Jan. 13.65 13.73 13.73 13.81 13.61 Mar. 13.78 13.88 13.85 13.72 13.72 May 13.86 13.93 13.92 13.81 13.81 July 13.91 13.98 13.98 13.85 13.85

13,50 Spot 18.60

Sept. 15.48 15.55 15.59 15.68 15.88 Western Corn Belt has been re- Oct. 15.80 unquoted 15.83 15.87 lieved and is now clearing up. It

15.88 16.02 18.04 16.12 18.12.is. favourable in the Eastern Corn 24. Jan. 16.00 unquoted 16.25 16.25

Belt. The far North-west end

Dec.

New York Rubber

London Silver Market

London Gold: Open 26.18.31 up

--up 1/16, Noon: 78

London Rubber: Open 7B-Up

Market arm.

Mar. 16.29 16.42 16.48 16.60 18.51 Canada is excessively reheated, 1/16. Cotton:Ten points lower ex-May 16.57 16.72 16.72 16.78 16.80 while the North-west is beginning pected; ease oft more on account some short-covering. Lower wheat of the strike.

flationary talk, which will cauce

prices are expected Rubber prices of the strike-American Oriental Sept. 101 are expected to advance. Cotton Finance Corp. prices are expected to be lower,

the textile strike being a disturb May

ing Influence. All the markets

depend on the extent of inflation Sept. 1.74 1.73 1.72 1.74 1.75 Sept. 75%

#ry sentiment.","

Dec: 1.81 1.80 1.81 Mer. 1.85 1.85 1.88 Total sales;

330 lots

to be hot again and this is likely

to spread South-westward.

Market Tendencies '

(Per United Press) Favourable.Market continues to display good technical position and continued strength⠀⠀ ⠀in

Chicago Corn

+761 761 2751, 75)\ market.

034 834

verpool Cotton: Open 5.88 down 13 points.

19

Liverpool Wheat: Open 5/8 down

London Sliver: Spat 21 9/18 down. 1/18: Forward "21, down 1710. bond London Silver Comment: America and India' bought. China *sold.

1.81 182 Dec. 79 794 80 781784 Unfavourables: Continued labour | Market; steady, 1.86 1.87 May 831

823 221 unrest including threatened cotton 9,000 tons

Total sales:

25,938,000 textile industry. Railles still lack

bushels following through,

A.0.1.C. New York Cables (Received 10.23, p.m.) Stocks: At the opening prices

New York Suk were slightly higher; the volume of business was light, lacking fol- Sept. 1.13 1.12 1.12 1.13 1.13 kw-through Dec. 1.16 1.15 1.17 1.16 1.16 Oct. Cotton: Bouthem small seller Feb. 1.16 1.184 1.184 1164 1.164.Dec. setback largely liquidation or Total sales:-

Winniper Wheat

Steady: Some hesitancy attribut- 874 871ed to reports ni Control Commis-

slon and Federal Reserve consider

Open 5.082 up 3. 6.20 pin. 6,098. | 7,35 p.m. 5.09 5/18. 9.20 p.m. 5.093.-

London-N.Y. Cross: 2 pm. 5,091. There are some small offerings of dollars, i

London-Paris: Open 78.34 un- changed,

#% & Electrio Bond & Share ........

Electric Power and Light...... 0.40 General Electric. 1.80 General Foods 1.00 General Motors 10. Gillette Safety 1.90 Gold Dust........ 0.60 International Harvester 0.10 International Nickel

International Tal & Tel. 4.00 Liggett & Myers "B" 1:00 Loew's Inc. ........ 2.00 Ma Intyre Porempins

Montgomery Ward

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

National Distillers

1.00 Standard Brands

Standard Gas

ing various margin question bu fractional gains predominate with indications of slight extension ed vance.

1.00 Chrysler Motors

80%

271

277

3.40 Consolidated Gas of N.Y,

Curtis Wright ........... 2.00 Du Pont de Nemours 3.00 Eastman Kodak .....

Electric Auto-Lite Co.

648

al

21

23

54

889

89 xx

1037

391

.98*. 981

46

121

187

318

114

117

48

91

37

4

154

182

19

301

-10)

201

201

201

21.

291xd 294

The

42

10

114

11#

211

71

17

174

271

281

28++

467

251

251!

19

ទ · 101

214

90 bid 951

991

202

271

36

47

484

501

221

227

.357.

8

321

321

801

23 bid 23 bid

43

161.

17

17

254

104

19.

192

412

207

21

ANY. Central.

211

0.00 Otis Elevator

584

15

141bid

1.60 Pacific Gas & Electric

Packard Motors

251

101

15)

151

317

.18

3+

31

0.60 Pennsylvania Railway

Radio Corpn.

221

221

421.

51. 52

Sears Roebuck.... 0.40 Socony-Vacuum Corpo.

Southern Pacific

121

347 35+

51

15

151

193

161

17

374

1.00 Standard Oil Co. of New

Jersey

១៥

1.00 Texas Corporation ..... 0.123 Trans-America, Jon.. 1.00 Union Carbide & Carbon 8.00 Union Pacific

31

102

28

10%

133

95 981

United Air and Transport.. United Corporation United States Steel Westinghouse E. 4 ́H.

15h

339

33

Be

314

324