$1,740)
$40
« Godowns, eta,
3112
$1.60
150 ats
$14)
Do.
"B"
$117
Shanghai Docks S.
$42
New Engineerings B.,
||
#312
Hongkews (old) B.)
COMMODITIES
Aug. 25
Aug. 26 Close Open 10.30 11.00 11.30
$310
Do.
(now)
.
Lands, Hotels, and
Buildings
$6.50
#809
314
$5,20
$137
331
15,60
Cotton: December
6.061 5.081 5.00 5.00 5.06 13.21 13.14 13.12 13.14 13.14 13.36 13.30. 13.37 13.29. 13.29
Silk: December
1.16
1.158 1.1448 1.148
Rubber; September.......
15.70
15.74 15.73 15.79
Rubber: December
16.15
18.18 18.19 16.23
Chicago Wheat; Sept, .... 1.04
1.03 1.03 1.021
Chicago Wheät: Dec.
1.05
1.04 1.04
Corn: September
791
781-1 781 781
Corn: December
801
$140
Winn. Wheat: October
841
$20.
·81
STOCKS
$10.90
เ
$11
174
$43
S'hai Cottons(old)S.
Do.
'Am, Smelting'
39
381
$731
(new)S.
Anaconda Copper
13
13
#11
Zoong Sings S.
Auburn
257 25
256
Wing On Textiles(S.)
$35
Baltimore and Ohlo
177
177
171
Public Utilities
J. I. Case
447
448
441
44).
$20.BU
Tramways
$20.65 ex div
Stò
Prak Trama (old) ---
Consolidated Gas
291
291
201
$14
$7
Do. (new)...
Dupont
B31
93
921
$102
Star Furries $39
Elec. Bond and Share
121
Yaumati Ferries...
3213
General Motors
311
$8.70
321
Chins Lights (old)... $870 $8.80
38.30
$71
Do. (new). $8.30
Inter. Tel and Tel.
11
H.K. Electrics - 5711 $72
McIntyre Porcupine
474
315
Macao do.
Montgomery Ward
254
18
Sandakan Lights
Natl. Distillers
201
· $24.10.
$11.80
Telephones (old)
13.20 China Bases
$24
$24.30
Do. (new)
N. Y. Central
244
EXT
$11.80
S.
Socony Vacuum
151
01
B/-
Tractions
Standard Ol of N. Y.
451
17/3
Do. (prof.).
United Aircraft
151
Industriale
$11
Malabon SugarS
U. 8. Steel
351
$91
Caldbeck, Hard.) 8.
Westinghouse
35+
320
Macgregors prof.)8.
47.70
Canton Ices
$2.45
Cements
$4.35
Ropes
MiscellaneoRS
225.70 Dairy Farroa
Ch.G.5.1926 G.Bda. 36",
:::
$110
Wallace Harper194199
H.K. Wing Oo....! S'hai
74 ID
1203
4:
Der A. Winga.-
K
Amusements******
12
37
Ch. Etainments......
$7.60
31, @
Constructions, (oldi 31 05
79°et-f
Do.
$4.15
Lane Crawfords........................
$4.10
Mackinwahack cap. Sh
Nanyang Tobacco.
310
Sinceres.................
$0.80
Watsons
essee-ad
70 cts.
Wm. Powells
$2
M. Greyhounds i
$1.30
8,0, Enterprises... $1.30
United Theatres... 8,
887
brem. 75%
H.K. Bor 4% Coang
perm
Do
34%
37
COMMODITY PRICES
4
Do.
Sept. 16.70"
Oct.
3120
Dec.
15:84
18.15
Market closed
3173
Jan. 16.28:
Mar.
16.58 May 16.82
Antamoks, 61 cts. Cements, $2.60,
Chicago Wheat
Sept. 104
Dec.
· 105
May Friday's
"
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
The feature of to-day's trading was the rise in Cements which after touching $2.15 were in good demand at the close at $2.60 with corresponding rates forward. Tele!) phones continue in request at $24:10 with no shares offering. Small lots of Banks and. Unions were done at $1745. and $545 Electrips were suddenly enquired for and found absence of sellers at any thing like quoted rates..
SALES Union Insurances,"TM #545.
* BUYERS
KK. Banks, $1740.
Union Insurances, $549. Antamoks, 60 cts.
Balatoc, $36474
Benguet Consolidated, $4V..
Ewo, Cottons, Sh. $10.90. HK Lands, $521.
Chinese Estates, $85. HK Trams, $20.60.7.
Dow Jones Averages ... 95.71 95.42.
New York Cotton
New York, Aug. 23. August 24 <- August 25
Closing Opening Closing Oct. 13.36 13.30 13.31 13.20 13.21 Dec. 13.50 13.48 13.45 13.35 13.35 $10
Jan. 13.55 13.52 13.52 13.40 -13.40 $6.50 Mar. 13.65 13.62 13.62 13.48 13.49 56.cts. May
13.75 13.69 13.69 13.57 13.57 July 13.81 13.75 13.75 13.65 13.65 13.35 Spot. 13.50
New York Bubber
103) 1034. 1032 104 104 104 105 105
1067 106 1069 108 108
sales:
unavailable Chicago Corn Sept. 771 7Y · 77! Dec.
7979 May 811 817 82 Total sales:-
79
S. E. Levy & Co.'s Cables
The following cabled reports were furnished by Messrs. 8. E. Levy & Co. on last night.
American Weather Report Cotton: With the exception of other parts and the Southwest of Texas the weather in the Western Cotton Belt is showery and cooler. The East, South and Centre are most unsettled. Rain is not want- ed. here.
"Grain-The Grain Belts and the West are reheating while the Eastern Spring Belts are still cold at nights.
London Bilver Spot:-21-9/16 up 1/16. Forward:-21-9/16 up 1/16, Speculators bought; China sold. Market steady...
Cements, $2.60.
Constructions (old), $1.65.
LATE NIGHT CABLES
The following cables
were re- ceived last night by Messrs American Oriental Finance Cor- poration.
London Frecast Wall Street is expected to open steady, but the market is besit. ant, pending the announcement of the NRA. and the Argricultural Adjustment Administration's re- vised programmes. On the com- modity markets, a two-sided cot- ton market is expected. In wheat, a substained market is expected. owing to the tightness of food- stuffs, especially Com change is anticipated in the other markets.
Little
A.O.F.C. New York Cables The volume of business is dimin ishing. The opening "trend was slightly down.
In the cotton market, there was better trade demand absorbing
hedge sales and minor, liquidations. The market tone was steady.
in the Autumn, a narrow and in- decisive market seems indicated.
Financial circles in Cleveland learn that the merger of the Cor- Market Reports
rigrn McKimeny, the Republic Steel Favourable factors: The market and possibly the Truscon Steel 79 794 continues to display a good tech Companies will be completed to- 80% ngical position and, while sentiment day. A formal announcement re- is somewhat mixed regarding the garding the terms of the merger 831 83;
near-term trend, there is a With the Truscon Steel Company. will be probably made to-morrow. unavailable.
undercurrent of conservative timism with Commission house ad- the merger, the Republic Steel vices cheerful.
Corp, would become a $281,000,000
Winniper Wheat
Oct. 84A 843 843 848 94
་་ 354 · 857 851 851 85 89) 891-893′′ 891 201
New York Sugar
China Lights (old); $8.70. China Lights (new), $8.30. Electrics, $71.
Dec," May.
Telephones (old)," $24.10. - Cements, $2.80.
Govt, Loan (31%), 21% Prem
SELLERS
Sept. Dec.
1.72
· 1.8L ·
Market closed
31ar.
1.87
Union Insurances, $550. Underwriters, "31.20.
New York Buk
Sept
1.11
Wharves, $112.
Dec.
1.16 Market closed
Feb.
1.16
Cements, $2.70.
op-
Unfavourable factors:
There was nothing in the week-end news to arouse enthusiasm. Moreover, hopes of averting a textile strike are waning.
concern.
The publication of the Steel last week at 20.5 per cent. of Institute in estimating mill activity
capacity, says the bellot la strong that September, will bring about a
The market is moderately active, considerable improvement in "spot but narrowly irregular, with minor orders for completing the present fractional losses predominating, manufacturing programmes and in With traders awaiting indications contracting for Autumn require- of the trend of business conditions I'ments,
Bendix Aviation ...
1.00 Borden Company
"J. I. Case ***
Canadian Pacific
1.00 General Foods
1.00. General Motors 1.00 Gillette Safety 1.90 Gold Dust
0.60 International Harvester 0.10 International Nickel »
International Tel. & Tel. 4.00 Liggett & Myers “B”
·∙1.00 Loew's Inc.
4.00 Me Intyre Porcupine
Montgomery Ward.
N. Y. Central ........ 0.00 Otis Elevator 1.10 Pacific Gas & Electric
Packard Motors Pennsylvania Bailway Radio Corpn.
Sears Roebuck
0.40 Bocony Vacuum Corpn.
Bouthern Pacific
1.00 Standard: Brands
Standard Gas ....... 1.00 Standard Off" Co. of New
Jersey
1:00 Texas Corporation... 0,12) Trans-America 100 Union Carbide & Carbon 6.00 Union Pacific, insi
United Air and Transpo United Corporation United States Steel Westinghouse E.
121 1178 12
31 30% 301
107
48
451
251 241 244
201
201
23
231
147
147
45
45
45
351
341
351 341
IZ
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers' Association
***
Nominal
MONDAY. AUGUST 27:
8-1yrs Salluri
Halpe
· Banks
H.K. Banta
kibrates
bo. (London)
Chartered Banka ...
Mercantile Bks. "A"
Do.
"0"
Bank of East Asia... 384
£1301
215
£31
£13
384
N. G. & S. Backe
$10
Am. O. Fix. Corps, 8.
14
Ch. Fin, Corp. Ord. 9.
35
Do. Pret
Insurances
$290
Canton Insurances .....!
$1.30
Underwriters
$1.20
Union Insurances ........
$540
#510
Chins Firus****
$245
H.K. Fires.
8
International Arнoë, S.
+
$250
Shipping
142
$+
Steamboats
130
Indos (pre)
333
Do. (lof.)
47.6
Shell.
use
Watert-cata
Mining
60 cla $36
151 ot
$4.65 Dougin
$1,740
HONG KONG DAILY PRESS, TUESDAY, AUGUST 28, 1934.
NEW YORK STOCK AND COMMODITY QUOTATIONS
AMERICAN ORIENTAL FINANCE CORPORATION AND S. E. LEVY & CO.
New York, Aug. 25. 218
The American Oriental Finance £31. £13 Corporation's report through thei
New York agents, Mesars, E A. Pierce & Co.. states:-
+
$5,10
$287*
**
#650 $650
$7 $30
$35 47/6 $131
81 stk,
41 ctr.
4413
119 cts.
Amtamoks
Bajatcou
44,ot Baguio Gold
...Benguet Consolidated
12 eta Do. Exploration
|20 ota.) · Do. Goldfield
12 at Big Wedge .............................
Gold River. 20 ota. Gold Creek....
34 ota
12
$
Ipo Mixing.
Itogons.....
F
2:3/14 Kailans.
$171 || Langkata (single) 8.
10
Explorations.......
$61 Shanghai Loans .
713.10 Rauba
35 |Venezuela Gold Fida.
Docks, WharVOS,
H.K. & K. Wharven. 109
Providente (old) ...81.60
H.K & W. Docks
S. China Motors' A'
Do (new)...
Metropolitan Landa..
H.K. Hotels......... H.K Landa...8.159
$261 | Shangbai Loods...S.
H.E. Healties.....
Chins Do
Do. Debontures3.
$10.40f Humphreys
New Asia Hotel Anu Realties "A".
Do.
"B" 8.
Chincas Estates.......
Cotton Mili
Ewosso
11
$184
$8
$13
45 ets
714.60
$2
Stocks:-We think a conserva- Lively bullish attitude is justified.
Wheat:-The strength of corn was the main constructive” in - fluence. The market was, encour aged by some local buying, while Commission Houses participated to,
some.
extent. There are Littic hopes of a precipitation next week Corn: There was strong and aggressive Commission House buy. ing. The Trade was active.
Cotton:-There was some hedge
selling and trade demand was teas urgent. The weekly weather fore Cast indicates more favourable conditions. There was moderate buying by the Continent and the Far East..
New York, Aug. 25. Messrs. 8. E. Levy & Company's 'report, through their New York agenta. Messrs. White, Weld & Co. states:
Stocks:-There WES £ fair amount of support on the con- tinuance of inflationary rumours, We still favour the purchase of metal and commodity stocks on: any recessions. Business done. 440,000 shares.
Bonds:--High-grades and Gov- ernment issues were fractionally higher. Second-grades closed at the top price for the day..
Wheat:Hedge-sales, make the #aintenance of .advances difficult for the time being. Reports of the ilkeliness of serious frost damage in Iowa, the Western parts of the North-West and in Canada are helping the corn market in Chicago end the oats and barley markets in Winnipeg. Any additional dam- ge to the hay and forage crops. should further Increase the prices of feed grains.
Colton: Early local buyers turned sellers towards the close of the market, when hedge-offerings Increased. Sentiment among traders was more mixed.
NEW YORK 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.
Sterling
Cotton: October
13
128 | ༄།།1བླློ|| |འུ།
འཛད། །
THE EXCHANGE
3
MARKET
MESSRS: ROZA BROS.
REPORT"
The Silver market in Longn on Saturday last Was small ban America and India took the sup- lies offering by. China... Closing tone was steady. Prices were 1/18 down at 211 for both deliveries.
Sterling opened at 5.061 and closed at the same rate.
Markos Steady but extremely dull
Sterling 1/8 was offered at the opening. leading to 1/6 17/32 at which rate a very small business done. The buying rate was main- tained throughout the morning at 1/6 9/15.
-U.S. Dollar Were on offer at 39, buyers bidding 39 3/16.
Business done was small for October at 394. 39.3/18 was wanted for August and September all the morning.
Yen
1293.
561.
Guilders
Shanghal Dollara 1102, later 110 13/18.
Shanghai Market
was
Sterling was quoted at 1/4 11/15 and Dollars at 354. The rate for. the Dollar eased. Slight during the course of the morning.
IN THE AFTERNOON There was practically nothing doing in the afternoon session.
Sterling
Sterling continued at 1/6 17/32 sellers for August/September and 1/8 9/18 October with buyers" at 1/32 higher, and Dollars at 39 sellers and 39 3/16 buyers. A small transaction was reported in Dollars at 391 for October.
Shanghai Market Also very quiet. Sterling at 1/4 11/16 sellers. 1/4 buyers. and Dol- lars at 351 sellers. 35 buyers.
H.K. SHAREBROKER'S ASSOCIATION
BUYERS...
Antamoks, $81.1
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 Corporation
Asia Life Bldg. 14. Queen's Rd, C.
Federal Ino T.S.A.
Hong Kong.
Tel. 26531.
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"
CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK
7, ICE HOUSE STREET, HONG KONG
Tel. 30101 and 30103
Tel. Address: Seloo
NEW YORK STOCK EXCHANGE
THROUGH REUTERS
AMERICAN ORIENTAL FINANCE CORPORATION
AND S. E. LEVY & CO.
QUOTATIONS
$
Last Today's High Low Close Close 5.061 5.06) 0.07 1.064 18.47 13.35 13.50. 13.38
10.15 closed
104 108 781
105
79
201
Dow Jones Averages. High-1933/34 Low: Aug. 24.
494
Change
of quiet
unchanged
.14 off
Change
11.40
5.06.
13.15
13.27 1.148
15.79
16.23
1.024
1.031
1.031
78+
801-804 794" 791
831
837
Bank of East Asia, $84. Underwriters, 31.20 Douglases, $42.
New York: August 25, 22/
New York/London Cross-rate
New York Cotton December
38
38
Bagulo Gold,” 8414.
121
127
Lands. $52).
254 25
Ewos, 811.
25
Providenta (old), $1.60.
New York Rubber-December Chicago Wheat-December 1082 Chicago Corn --December 81 Silver-Official
174
17
Ferries, $99*
Aug. 24.
434
431
30 Industrials
110.74
60.16 85,48
95.71
93 up
Lights (old), $8.65.
291
291
20 Baile
$6.94
-95.43 95.20
38.48
22 ap
Lights (new), $8.30.
20 Utilities
37.72
19.33 21.60
21.75
18 up
923
923
Electrics, $71.
40. Bonds
93.48
73.21 93.37
93.40 19 up
12
11 Commodity Ladex
65,45
41.98 63.85
-
303
Drv.
1933/34
LAST BAL
101 107 1,03
PIR. SH.
HION
Lov
454
452
3.00 Air Reduction
111
147
244
241
8.00 Allied Chemical & Dye
160
704
Aug, 24. Aug. 25. $100 $100
133+
1331
20+ 201
4.00 American Oan ...
1071
401
1001
100%
234 231
American Radiator........
19
141
142
147 14
American Smelting................
50
101
397
39
45
45
9.00 American Tel. & Tel män
1344
સમ
- 1134
1139
151 151 15 158
.351
35$
344
344
4
5.00 American Tobacco "B" 1.00 American Waterworks ..... Anaconda Copper Mining Auburn
944
001
77xx
791
171
5
177
221
B
131
13+
84
24
2+1
251
134
13
£31
16
27
201
37g.
18
43
441
1031
141
14
20%
287
28
0.50 Caterpillar Co... 1.40 Chaas National Bank 1.00 Chrysler Motors 2.40 Consolidated Gar of N.Y.
Curtiss Wright 2.00 Du Pont de Nemours 3.00 Eastman Kodak ...
Electric Auto-Lite Co. 8% & Electric Bond & Share ...... Electric Power and Light... 0.40 General Electric
33
25 bid 251
- ఆర్దిష్ట
-351
*35
301
291
841
3
3
52
032
931
103
1001
101
1001
22
224
318
128
12}
48
48
43
1.5g 201
197
191
30
30
31
311
124 12
72
1BL 19
978.
281
28
.18%
26
281
29
11
11.
281
98
281
472
251
254
4.00 National Biscuit
337
B0
·314
23 bla 23 bla
1.00 National City Bank
171
1.20 National Dairy, Products
National Distillers
171
261
201
201
414
24.
241
151
151
257
16
181bid
31
31
251
254
0.50
387
401-451 241
1031
1044
357
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