1934-08-29 — Page 3

Page

IZ

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Bayer | Salines

Valeo | Nomizaj

Sharcprokers* Association

TUESDAY, AUGUST 25.

Banks

H.K. Banks

Eu. (London) ** Chartered Banks...

Mercantile ilks "A"

Du

Bayare

Jallara

# !!

IST

$1,7351

$1,740

136

£16

231

***

£13)

584

Bank of East Asia...

2101

£13

184

N. C. & S. Backs

36.80

20

Am. O. Fin.Corp: 5.

14

Ch. Fin. Corp. Vfd. 9.

35

Prof, 3.

Insurances

$990

Canton sarnaces..

31.20

Underwriters

$1.25

$450

Union Insurances ........

$510

China Fires .........

$560 3650

H.K. Fires......

3236

$360

8

'International Assos, 3.

Shipping

$40,65 Douglasen

$7

Steamboats

230

Indos (pret.) niet.

131

47 0

Shell.

13,

::

61/62 t

$30

144 ct-

$41

lb ula

Do. (dut

Waterbita

Mining Agitazooka...

Balatoon

Baguio Geli

Bengast Consolidated

Do. Exploration

HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 29, 1934.

NEW YORK STOCK AND THE EXCHANGE COMMODITY QUOTATIONS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York, Aug. 21.

The" American Oriental Finance Corporation's report through their New York agents, Messrs. E. À. Pierce & Co., states:—

Stocks:-We' think" further tem- porary hesitation is possible.

Wheat:--There was heavy and

$2874 considerable selling by tired hold- ers. The tone of the cotton and the corn markets was a contribut- ing factor.

548

37

$30 $35 47/8 $131

61 ota

81/81als.

41 cta.

..

Gold Biver 20 ots.] 22 vota,

113.10 Raubs ..................

Cotton:-Hedge sales out-weigh the off-take by mills. Opinion differs concerning the material benent to the crops in Texas and Oklahoma ot the recent. mins. There are boll-weavil complaints from the South-east. The cotton goods' market was qulet.

Rabber:Buying was mostly by dealers. After the opening. the 2413

tone was quietly steady, but for the 19 ct.

rest of the day until closing there 18 cts. was practically no change. There was no particular news and senti- ment locally was bullish.

Flash: The Annalyst Index of Business Activity is 78.5 compared with 77.8 last week. ·

2 atm.

Do. Goldfield

***

12 at

Big Weigo .................................

124 ta

12

Gold Creek.......

*zi

Ipo Mining.

#5

Itogons .....

26/3

Kaliana SONO

19/8

$17,

Langka (single)

$18

FO

Explorations.

De

Shanghai Loans 5.

38

$13)

Veneruals Gold Flin. 54

Docks, WharvRE,

NEW YORK

Godowns, sta.

$109

MA

***

140 ot.

#14)

$3

S. E. Levy & Co.

19

$115

351

HK. & K. Wharves,

Providents (ald; ... #1.60

Do.

H. K. &W. Docks...

S. China Motors A

(BOT)!

New Engineerings8.

3112.

$1.60

150 cts

$141

Do.

$117

Shanghai Docks S.

"341

$319

Hongkowa (old) 8.1

$310

Jo. (DOW) S.

Lands, Hotels, and

Bulidings

$5.55

H.K. Hotels

327

Shanghai Land...8.

FA

+

$14

Metropolitan Lands..

$134

H.K Landa...S.. 351 exi

56.20 | HK. Realties..................... $455 | $4.85

China Do.....S

$137 Do. Debentures 8.

110.40 Humphreys

New Asia Hotel

Aria Reties "A"S.

Do.

Chinese Estates......

Cotton Mils

H.K. Electrics

$25

12

$11.80

B/

17/3

Tagmati Ferries

China Lights (old).

Do. (now)... $8.30

Macao do.

Sandakan Lights

Telephones (oid) ... $94

Do.

$13.20 China Buses 3.

Tractiona igshair Do. (pref.)....

Industriais

$11 Malabon Bugare “..

Caldbook, (ord; 8.

Macgregors (prof 18.|

E

New York. Aug. 27, Messra, S. E. Levy & Company's report, through their New York agents, Messrs. White, Weld & Co. states:-

A feeling of uncertainty con- tinue, but there has been nothing dednite to go upon and we feel that a conservative attitude 'is justified.

shares.

Business done 530,000,

MARKET

MESSRS. KOZA BROS. REPORT

America was apparently not in the Saver market yesterday, but the market was supported by Ching sold. speculative interests. The market closed steady. Prices were 1/16 up at 21 9/16 for both deliveries.

Sterling opened at 5.00 and also closed at that rate.

Markot

11

Steady to strong at the opening fully but the robustness was not

maintained later.

Sterling Bonds:-High-grades are easier.

Sellers at the opening at 1/6 but second-grades and Govern-

17/32 with buyers at 1/6 19/32. ment issues are off and Inactive.

The sellers rate was put up to 1/5 Wheat-Hedge-pressure, prin- cipally from Winnipeg, was a derate a small business was done for |9/16 and later 1/8 19/32 at which

pressing factor. Outside long- cash and also to a small extent Interests are retaining their hold for October at 1/6, and sub- ings, but new buying is small sequently 1/8 19/32 for September, Saturday's sales 14,444,000 bushels. At the lunch hour there were sell- Corn:-Prices declined in symers at 1/6 9/16, buyer's at 1/6 pathy with wheat, Business done 19/32. 20,063.000 bushels.

Rubber:-Offerings for actual rubber were high thus lending support to the futures market. Business done: 251 lots.

Cotton: There was some selling, which was attributed to co-opera- tive interests. Trade buyers are stül holding of.

MID-DAY PRICES

The following mid-day prices were received yesterday from New York by Messrs. American Oriental Finance Corporation and

Baltimore and Ohio....... 171

Consolidated Gas of N.Y. 287

431

} ༄། །|-། | |3R | | | ཀྐུ 1:

.4

U.S. Dollars On offer at 391 to 39 3/16, and subsequently at 39 which rate. however was unobtainable later when wanted. In the interval business was done at 394 for Octo- ber. At 1 o'clock the tone was 39 318 sellers, 394 buyers.

Yen

129+.

564.

Guilders

Shanghai Dollars

110 13/16. subsequently 1101.

Shanghai Market

Sterling 1/4 11/18 for near, 1/4

| 3/4 for Forward, but the tone was steachler later, near delivery, being offered also at that rate. Dollars.

| 354° for near and later 35 5/16.

IN THE AFTERNOON"

The market for a greater part of the afternoon was without in- terest.

Sterling Sterling was wanted at 1/6 19/32 and sellers at 1/6 9/18 but later" 1/6'9/18 was not on offer ad there was possibility of business being done at that rate. · Closing selling tone 1/6 17/32.

Shanghai Dollars

Dollar were done early in the morning at 39 5/18 for October but later 384 was probably the buying rate for that month and

39 3/18 was inquired for Septem- ber without result. At the close only 39% was obtainable August- September. 247

244 171 17 167 161

Shanghai Market Unchanged in Sterling, Dollarg 1/16 easier.

Night Quotations

of New York Stocks and Commodities

Our offices ar

open from 10 p.m. midnight,

until

every night except Sundays and New York holidays.

The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices at approximately 10-minutefintervals,

Thus, our clients have, oufthe same eroning, quotations for the morning session of the New York Stock Exchange.

Advices of axocations on orders placed during the night sessions are received within the half-hour.

American Oriental Finance Corporation

Asta Life Bldg..

Federal Inc. U.S.A.

Hong Kong.

T.el 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

CORRESPONDENTS · FOR WHITE, WELD & CO., NEW YORK

V. ICE EOUSE STREET, HONG KONG.

Tel. 80101 and 30103

·

Tel. Address: Beloo

NEW YORK STOCK EXCHANGE

"THROUGH REUTER'S

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO. QUOTATIONS

Now Turk; August 2.^.

New York/London Cross-rate New York Cotton-December New York Bubber-December Chicago Wheat December Chicago Corn : December Silver-Official

Last Today's High Low Close Close Change 5,06:505) 5.088 5.0571 off steady 13.3 13.80 13.36 13.96 6,10 of 16.23 18:16 10.18 18.17 0.09 up

103 108. 1044

103. $ of 79 મમ 802.

79 44 498

Dow Jones Averages, High-1933/34 Low: Ang. 25.

30 Industrials

If off

up!

Aug, 27.

Change

'94,46 · 1,36, off 37.84 0.78 of 91.169.66 off

Low

69.12 0.63 off

LAST BALZ Aug. 25. Aug. 27.

$1001 47

COMMODITIES

AUB

27

Aug. 28 Close Open 10.30 11.00 11.30

New York-London

Cottor: October

$5.80

Cotton: December Silk: December

Rubber: September ...

Rubber: December

16.15-17

Wheat: September

1024-1

310

Wheat: December

1034-103

$45

Corn: September

772-3

$140

$2:1

"S

Corn: December

791-79

-506 1/8 505 505 505 505 13.09-11 18.11 13.13 13.16 13.20 13.25-26 13:28 13.29 13.30 13.31

1.151

1148 1133 15.73-74

15.88 15.73 15.89 15.67 16.09 18.10 16.09 16.09 101 101 1011 1013 1021 767 781

Mid-day

5053 13.20 13.31

1138

1021-1021 1021

77 771 761 782-1 781

781

Winnipeg Wheat: Oct. 821)

81 B1

817

子

Industrtal Averages ... 94.46

$10.90]

Ewo

.S.

31.1

$74

Bhai Cottonsfold)S.

$721

STOCKA

$43

Do.

(new)S.

$11

Zoong Singe S

American Smelting

381

371

371

374

37

$114

255

Wing On Textiles(S.)

335

Anaconda Copper

121

I

Public Utili6los

110.74

50.16. 95.7E

Auburn

25+

241

244 24+

20 Raili

50.94

25.43 38.13

120.80 Tramways

$20.60

20" Utilities

37.73

19.23 21.79

$15

Peak Trams (old) ...|

#14

$7

Do. (Dow)...

J. I. Case

40 Bonds

95.48

73.31 - 93.49

93.48 0.07 of

$102

Star Ferries

282 281 282

282

11 Commodity Index

65.45

41.98 69.05

!!.

321

#211

Du Pont

921

91, 91

91 901

Drv.

1933/34

$8.70

JK.30

1712

$24.10]

$870

$8.70

El. Bond and Share

101 111

$711 $72

General Motors

301

30

114 114 301

114

114

PIL: 88.

7

30

301

Inter. Tel, and Tel.

107

101 10

104

102

McIntyre Porcu..

461

485

464 461

(now)...

$11.60

Montgomery W.

241

241 241 242

244

LATE NIGHT CABLES

8.00 Air Reduction

118

$99 bid

8.00 Allied Chemical & Dye.......

180

70%

133+

133

4.00 American: Can

107

491

100%

99

American Radiator.....

10

42

.141 14

Nat. Distillers

201

20 201

201

21

American Smelting.....

85

102

39

381

N. Y. Central

231

23 -23

23 231

9.00 American Tel & Tel.

1342

861

1131 1121

Socony Vacuum

15

147

147 143 142

Standard Oil Co. of N.J....

447

441

442 443 442

1:14

Un. Aircraft

15

*142

142 147

147

147

$21

ǝ2J

$2.70

Canton les

9.60

Camenta

Ch 8. Steel

35)

1.1

$160

H

$21

Westinghouse EI

331

$2.60

$71

$1.50

179 ote,

$4.15

$21

474

$10.

$0.80

70 0.

Wm. Powells

$2

M. Greyhounds......

$1.30

>3

United Theatrem... 8.

21%

Dre.. perm

$71

n10

$4.35 Ropes

Btiscellaneous

#25.70 Dairy Farms...

Dar A Winga.az)

Amusanenta...

Ch. Etainmenta...... Constructions, (old)].3165

Do.

(new) 78 ote."

Lane Crawfords...... Mackintosha.**** •*.

Nanyang Tobaccu

Sinceres.........................

Warsas

4.18

* COMMODITY PRICER

$25.60

New York Cotton

$7.00-

New York, Aug. 27.

· August 25

August 27

$4.10

Closing Opening

341

Oct;

Closing 13.21 13.14 13,15 13.09/13.11

$10 $5,80

Dec

55 cta.

Jan.

C. Enterprisea ... 81.30

894 Oh.G. 51926 G3 Bds. 96"/

1.K. Uort, 4% Loans

Do.

Wallace Harper.

H.K. Wing On

S'ha Do..

71%

Spot

31%

$120 $115

Oct. Dec.

Jan.

13.25

}

Lands, $5ixa.

H.K. Sharebrokers"

Association

BUYERS

Bank of East Asia, $58k. Douglases, $41|--

Antamoks, 61 cts.

Baguio Gold, 41 cts. Vers Goldfields, $41. Hotels, $5.50, "

Constructions (old), $1.85.. Constructions (new), 78 cts. Gold $ Bonds, 86% Govt. Loan 34%, 21%-

SELLERS

Hotels, $5.60.. Wharves, $110. Trams, $20.70. Lights (old), $8.80. Electrics, $72). Cements, $2.65. Entertainments, $7.60.

SALES

Underwriters, $120.

Antamoks, 614 cts.

Hotels, $5.50

Providents (old), $1.57}/1.60.

Trams, $20.60.

Ferríés,* $100.

Realtys, $4.80.

Ewos, $11.

Providents (old), $1.55, Trams, $201. Ferries, $99. Lights (old), 48.70, Lights (new), $3.40, Electrics, $72.4 Telephones (old);-524. Cementa, $2.55.

Lights (old); $8.75/8.80.

Cements, $2.60,

13.36 13.30 13.28 13.25 13.25

13.40 13.34 13.33 13.29 13.29

Mar. 13.48 13.42 13.43 13.36 13.36 May 13.57 13.52 13.52. 13.44 13.48 July 19.85 13.60 13.61 13.51 13.51

19.35

New York Rubber Bept. 15.70 15.73 15.78 15.73 15.74 16.84 15.89 15.89 15.87 15.87: 16.15 16.21 16.23 18.15 16,17 18.28 18.33 18.33 16.28 16.28 Mar. 16.56 16.64 16.66 18.55 16.65 May 10.82 16.92 18.92 16.83 16.83 Total sales:

281 lots Chicago Wheat

103 103 Sept. 104

1024 107 Dec. 105 1044 1094 1031 193 May 1081 106 1061

1051 105 Saturday's sales: 14,444,000 bushels Chicago Corn

Sept. 79

772 773 781 781 Dec.

802 303 304 78 79 May 83

82 83 834

813 Total sales: 20,083,000 bushela

Winniper Wheat

1.15 1.16

1 15 1.15 217 lots

S. E. Levy & Co.'s

Cables

The following cabled reports were furnished by Messra. B. E & Co. last fight

American Weather Report (New York Aug. 28, 6.15 p.m.) Cotton: The weather in the Western Cotton Belt is showery. At

Galveston there has been: downpours caused by hurricane. There has been storm warnings on the Texas coast. from Port O'Con nor to Freeport. The balance of the Cotton Belt is unsettled.

Grain; There has been showers in the Midwest. The weather conditions in the balance of the Grain Belt are unchanged.

Market Reports

Favourable factors before the opening of the markets:-The volume of business continues to dwindle on setbacks and the fact that the NRA, will "begin.re. Oct. 841 84 841824 82 grouping of the industries under Dec. 851 851 851 831 837 Code, * be ∙May

37 S7 Unfavourable factors were-Steel 891 891 B92.

New York Bugar

operations continue to recede. The Labour unrest continues to be Sept. 1.72 1.72 1,72 1.72 1.73 very disturbing with the threat Dec. 181 181 1.81 1.32 1.82 of a textile strike broadening."--

1.87 187 188 188 188 Total sales:

43,000 tons

Mar.

Gort Loan 34%; $24%.

The market 15-quite easy, with Jorgen, confined within fractiona.

London Forecast=" London Forecast of the probable trend of the N.Y. markets:

While intervention on the part con- of President Roosevelt : In

the textile and nection with

allay rayon dispute is likely to fears of a" atrike in those Indus-, tries, thus calling a halt to yes- terday's downward trend, it generally anticipated that trading. on Wall Street will be on a small scale, owing to the cautious; at- titude adopted by operators,

On the commodity markets, wheat prices will probably open lower and leaderless, but the fundamental position is strong; rubber prices are expected to open easier. A higher, but leaderless cotton market is anticipated. Un- certainties surrounding rains, strlice and boll-weevil are confus ing sentiment, though Mesara. Sloan & Co. say that a strike is inconceivable on September 4th or at any other date.

AO.F.C. New York Report The market seems likely to con- tinue dull awaiting Morganthau's speech to-night.

-Cotton demand is small on ac count of textile strike uncertain- ties but there is no pressure to

вед.

with the approach of Labour Day, a dull routine market seems to be expected at least until the Autumn business trend is more clearly denned

Alec London Bilver Spot:--21-0/16"unelianged. Forward:-21-9/15 unchanged. America and Speculators bought: China sold, Market stendy.

3.40 Consolidatod Gas of NT.

Curtion 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 1.60 General Foods 1.00 General Motors 10 Gillette Safety 1.20 Gold Dust..... 0.60 International Harvester 0.10 International Nickel

International Tel. & Tel. 4.00 Liggett & Myere "B" 1.09 Loew's Iles .. 2.00 Me Intyre Porcupine

Montgomery Ward

Sears Roebuck 0.40TM Bocony-Varnum Corpo.

Bouthern Pacifio.... 1.00 Standard Brands

Standard Glas

1.00 Standard Oil Co. of

Jersey

1.00 Texas Corporation 0.13 Trans-America

1,00 Union Carbide & Carbon 407 Union Pacific C

United Air and Trans United Corporation United States: Steel-

Wantinghouse E. EM

35 35

351

351

The following cables were re-

last ceived

The by night American Oriental Finance Cor- poration.

5.00 American Tobacco "B" 1.00 American Waterwork,

041

601

791

784

431

177

187

Anaconda Copper Mining

131

12t

Auburn

841

-241

257

251

Bendix Aviation?

23

131

131

8)

331

33+ 331

334

.. 332

1.60 Borden Company

37

18

261

262

S

J. I Casque

Canadian Pacific

103+

301

441

431

20%

144

711

141

New York Buk

0,50 Caterpillar Co.,

33

284

27

B

Sept.

1.11 1.11 1.11

Dec.

1,16

1.15 1.15

1.11 1.31. 1.15 1.15

1.4 Chase National Bank 1.00 Chrysler Motors....

401

管

257bid 25 bid

口味

7t

351

341

842

211

29+

281

Feb.

1.16

3

3

1

Total sales:

100%

934

921

1001

101

100-

318

· 214

121

114

48

154

44

301

197

198

201

30

201

311

30

49

12ƒ.. #117:

TA

19:

19

271

29

.281

746.

201

251

29

91

11

.107

09

984 981

304

471

461

50%

18

251

241

281

83

331

831.

200 National Biscuit 1.00 National City. Bank 1.50 National Dairy Producta

608

811

· 23 bid. - 23 bla

4%

16

17

174

251

104

204 201

National Distillers`..... N. Y. Central ön 0.40 Otis Elevator 1.60 Pacific Gas & Electric

Packard Motors 0.50 Pennsylvania Railway

Radio Corpo

413

201 241 231

14

15

15

251

101

161bla 164

217

31

31

61-

251 251

49)

:6

6

38

38

یر

154

....15

191

20

191

201

451

447

#341

837