1934-09-05 — Page 12

DAILY SHARE QUOTATIONS

Hong Kong StockTM

$88

Exchange

#

Sharebrokers" Association

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 5, 1934.

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

NEW YORK MID-DAY PRICES

The following mid-day prices were received on Saturday from New York by The. American Oriental Finance Corporation and Messrs. S. Levy & Co.

"

THE EXCHANGE

MARKET

MESSRS. KOZA BROS, REPORT

15

·Silver prices on Saturday were 3/16 lower at 21 11/18 and 217, for Ready and Forward respectively but reacted yesterday, by 1/8 to 21 13/16 and 217. The market was supported by India and on specu- Iative account. Chinese sales con- tinued. The tone was steady.

Sterling opened at 4.99 and clos- ed at 4.981.

Markes

Steady but very small,

Sterling

Sellers at 1/6 27/32 buyers at 1/6 29/32 at the opening leading to a small business at 1/51 for near and 1/6.29/32 for the second half of September. The market closed with likely sellers at 1/67 and buy- ers at 1/8 29/32.

Bayara

Kellers ****

Nominal

TUESDAY. SEPT.

Buyer

Banks

$1,750

H.K. Banks

$1,725

£1341

Ea (London)

Flat

Chartered Banks

$31

Mercantile Bks. "A"

"0"

£138

£13

dack of plant Asia........ 388

N. U. & S. Bacs...

$8.80

BYU

Am. O, rin. Curp: 5.

H

Ch. Fio. Corp. Urd. S.

Do Prof. d

Insurances

$%90

Canton lisamico.

$985

COMMODETERS

$1,15

Underwriter

$1.18

X0

$650

Union insuraNICOS ........

3540

*September 4

$810

Chins Fires

5600

3945

H.K. Fireseitens

$200

International Assos. J.

6

Sterling

Shipping

Cotton: December

Close Open 10.30 11.00 11.30

5.00 5.01 5.01 5.01 5.01 13.29 13.13 19.18 13.18 13.19

Mid-day

5.01 13.17

$40

Dougla

541)

$7

Steamboats

Cotton: March

13.35

49.22 19.24 13.28

13.28

17

130

Indos (pref.)

$30

Silk: December

1.12

1.10.1.10 1.10

$31

Du (laf) e en

$30

Rubber: December

18.11

15.92 15.94 15.95

48.9

Shells

47/8

Rubber: March

18 49.

18.30 16.30 16.35

1.104E 15.98 16.39

$13

Watert-cate

$134

Mining.!!

Chicago Wheat: December 1.034

1.02 1.02 1.028

1.020

:

Amtamoks

Jb eta,

Chicago Wheat: May ...... 1.05

1.03

1,031 "1.04

1.04

$36)

Corn: December

GOT

781

79 70

79

44 ut

Baguio Gold 41 ctu.

$4

Benguet Consolidated

Corn: May

822

*2 811 82

813

19 oth

Do. Exploration

Winn. Wheat: May

361

85+

851

651

19 ota.

20 ata.

Do. Goldfield

144

STOCKS

12 at

Big Wedge

1 ct.

{24 eta

23 cts.

$2

Gold Creek,

Am Smelting

37+

371

37

374 ..367

Sellers at 394, buyers 39 5/10. Both rates were done. October sellers 39%, buyers 39 7/16, and the near market possible sellers 5/15, buyers 391.

39

#21

1po Mining,

Anaconda Copper

Ten

Auburn

221

22)

221 223

21/6

22 6

Baltimore and Ohio

1303.

$17

Langkata (single)...

-18

J. L. Case

Guilders

$5

Shanghai LOBE

Exploration...******

35

Consolidated Gas

28

28

28

277 274 27+

501.

$13.10] Raub3 ......Burma

$13.10

Lupont

891

801

89%

891 891

801

Venezuela Gold Fids. 54)

Shanghal Dollars

Elec Bond and Share

108

10 101 10% 10

Docks, WharVOS,

General Motors

204

207 291

201 .29

1101

Godowns, eta,

Inter. Tel and Tel

10

10

91

04 J

$112

HK & K Wharren.

3108

Loews

27

$1.59

...$1.50

150 cta.

(new)...

35 et

McIntyre. Porcupine

· 484.

473.

$141

214)

Montgomery Ward

24

231

24

232

Nati, Distillers

AL 21

21

201 201

12

N. Y Central

211

211

211 211

287. 478 234 231 204 214

$115

Socony Vacuum

Standard Ou of N.J.

447

United Aircraft

-U. S. Steel

144 144 331

441 444 441 442 144 147 141 141

Westinghouse

$50

$4.70

$42

Balatcos

Gold H ver

Itogoni

Kailas...

Providents (old)

Do.

H.K. & W. Locki...

S. Chias Motor A'

Do.

"B"

Shanghai Docks S. New Engineering.

1312 Hongkews (old) 8. $310

Do. (new) b.

Lands, Hotels, and

Buildings

H.K. Hotels

H.K Landa......8.] $50

Shanghai Lands...8

Metropolitan Landa..

H.E. Realties. Chins Dođi, Do. Debentures 3.

Humphreya ezze New Asia Hotel ... Asia Realtia."A"N. Da, "B" B. Chinese Estates......

Cotton Mil

$5.55

$27

$14

RIS

$75 $44

11 Zoong Siage. S. #55

$90.40 Tramway. ............................

Punk Traus (old) .....

$410

ٹائم

iker

441

LATE NIGHT CABLES

The following cables were re- celved last night by The American Oriental Finance Corporation.

London Forecast

33

S. E. Levy & Co.'s Cables

The following cabled reports were furnished by Messrs. 8. E, Levy & Co. last night:-

"-

American Weather Report (New York, Sept. 4, 8 p.m.) Stock: Owing to the precarious position in domestic affairs, it is

Cotton: After heavy rainfall, the deemed unlikely that much busi-weather in the West became much ness will be transacted on Wall cooler and is now clearing up.

$137

$10

$140-

$20

$56

$10.80

Ewos

$10.85

8' Cotton(old)S.

$738

Do...

(now)S.

$13

Wing On Textiles(S.) Public Utilities

$15

815

$80.40

$14

*1

Do (new)...

18

$102

Star Ferries

1994

121

Yaumsti Ferries $21

$8.85

Chins Lights (old)...

$8.70

38.30

Do. (DOW)... 38.40

ed.

$73

HK Electrics ......

379+

$73

Macao do

142

$24

124)

311

Sandakan Ligitte.....

Telephones (old)...

!! Do. (now)

$13.20 China Buses.

Tractions

(pref.).....

Ropee......... 3360

Miscellaneo

Street and although the market is expected to rule dull, no serious downward movement is anticipat-

Grain: The weather in the Cen- tral Corubelt is most unsettled.

Market Reports Favourable factor before the Commodity: Cotton prices are ex-opening of the market was: pected to be sharply lower, the

The publication of the Steel In- market being overshadowed by the stitute in estimating mill activity $11.60 strike and growing apprehension at 18.5 per cent. of capacity says over the foreign tendency to subthat small and widely diversified stitute American cotton by, outside orders had increased last week and growths. Wheat, Cocoa and Rub-that a moderate improvement in ber prices are "all expected to open demand is expected this month, easier owing to the strike..

gaining momentum in the Autumn.

Do.

Industrial

$11

Malabon Sugars ...

$21

Caldbeck, Tord.) 8.

480

Maogregore (pref,)8.

$2.70

Canton Ice

12.65

Cementa

$31

#23.60, Dairy Farman

$20

*I

Der A Wings...

$4

Amusementa

$74

Ch. Etainments.......

13) $7.80

$1.

778 ole

10875 als.

34.35

Lace Crawford).

34.10

$21

$10

Sinceres

35.60

Watsons

$10 $5,80

70 cts. Wm

Powella

150 pte.

12

M. Greyhounds

+

+1 30

12

Constructions, (old) 3165

Do.

Mackiuusha.....

Nauyang Tobacco...) 34.70

a. C. Enterpris. ...} $1.30.

United Theatral ..... 8.

887, Cu.G.5X1825G.JB&%] 58°.

11.K. Govt. 4% Load) T‡%

Du

31%

Wallace Harper

ELK, Wing On

***

perm

$110

S'ka

GERMAN SHARE MARKET

Do.

REICHSBANK RETURN

[Special to the "Hong Kong Dally [Special to the "Hong Kong Dally

Press". (Copyright.)]

Press" (Copyright.)},

Berlin, Sept. 3. Berlin, Sept. 5.

The Reichsbank statement of Once again the sharemarket was bboyant, the prices in general August 31 published on Monday showing noteworthy increases. shows no change in the gold stock One of the principal causes for this which as before was 74.9 million continued improvement was the dis-Reichsmarks, but the foreign cur cussion of plans for the preven- rency has increased by 0.2 millions tion of increase in unemployment to 3.6 million Reichsmarks, making during the winter and expenditure a total increase in nobecover of 0.2. to be made by the Government millions to 68.5 millions. The note and other authorities promising circulation rose by 321.9 million to support many branches of in-marks to 3823.9 million marks. The dustry. Electrics were particular amount of credit issued, as indi- ly firm."

eated by bills, cheques, advances and investments increased by 515.5 ratillons to 3995.2 million Reichs- market Transocean Kuo Min.

Fred Interest securities were in demand, no uniform tendency being press Transoceas

A.OF.C. New York. Cables Stock: Despite the administra- tion support of the strikers, textile strike settlement is expected with- in two weeks with only moderate concessions from the companies, The opening was tractionally lower but there is no pressure to sell.

Cotton: The trade and the Far East bought, while the south and spot firms sold. Hedging is light and resistance is good at Friday's lows.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

HK. Banks changed hands at $1735, Unions were dealt in at $535 and a small parcel at $540. There was BOBLE enquiries for China Lights, Hotels, and Ropes but with buyers" offering" alightly under quotations.

SALES

HK. Banks, $1735/ Telephones (old), $244.

BUYERS

HK. Banks, $1720. Barik of East Asia. $88. Underwriters, $1.15. Douglas, $401, ja Antamoks, 61 cts. Ewo Cottons," Bhi $10.80. HK, Lands,* $50. Realties $4.70. Chinese Estates, $86. Electrics, $724

Singapore Tractions, 57-

Unfavourable factors were:

1.

A further decline in induis- trial activity is expected this week, due to holiday shutdowns.

2. Sales are reported of distress supplies of scrap steel in Pitts- burgh at $10 per ton, with No. 1

cayy_melting.nominally quoted at. from $10.50 to $11 per ton, off. 25 cents compared with the previous week.

The undertone of the market is easy, with minor fractional losses predominating. The textile strike is dampening hopes for an earls improvement in business condi- tions. A quiet and indecisive mar ket seems to be anticipated.N

London Silver: Spot 21 3/4, down 1/16; Forward 31 13/16, down 1/16. London silver report: China sold, India bought. Market quiet.

Bingapore Tractions (Pref.) 17. Constructions (new) 78 cts..!! Govt Loan (4%), 7% Prem. Govt. Loan (34%), 21% Prem..

SELLERS

KK. Bariks, $1740. Wharves, $112. Hotels, $5.55. Electrics, $73 Sandakan Lights. $8. Cements, $2.65: Dairy Farms, $25).

YORKSHIRE WINS

London, Sept. 4 Yorkshire defeated the M.C.c. by an innings and 39 runs M. C.C. 104 and 114, Yorks 357 (Sims 7 for 100) Reuter

U.S. Dollars

Shanghai Market.

Sterling 175 '1/16 - sellers for near and 1/5) for Forward. Dol-

·lars steady at 35 9/16. for near and 35 for Forward. Subsequent- ly slightly steadier at 35; and,35 11/16.

IN THE AFTERNOON

Sterling

Sterling remained at the level of 1/67 sellers during the afternoon. Two or three transactions were done at this rate in minimum lots, and Dollars at 39 for October. Sterling closed at 1/61 and Dollars at 39 5/18 sellers with buyers at 1/6 29/32 and 39 September, de- Uvery.

CANTON SILK MARKET

The Kwangtung Raw Silk Test- ing Bureau, Department of Recon- struction Canton. China.

Canton Quotations

September 1. Extra O.S. 13/15 H.K. $440N. Small Extra O.8. 13/15 HK.

$385N.

Crack NS. 14/18 H.K. $295N. Extra Extra 20/22 H.K. $283N, Waste NS. Open H.K. $53N.

Yokohama Quotations.

August 3.

Opening

Night Quotations

of New York Stocks and Commodities

Our offices are

'open from 10 p.m. äntil midnight, 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 ut

approximately 10-minute intervals.

Thus, our clients have, on the same evening,iquotations for the morning session of the New York Stock Exchange.

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

American Oriental Finance Corporation

Asia Life Bldg.

Federal Inc. U.S.A.

Hong Kong

Tel. 26631.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOOK AND COMMODITY SERVICE

Members:

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

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7, IOE 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.

New York: September 1.

QUOTATIONS

Last Today's High Low Close Close 4.994.9 4993 4.98

New York London Cross-rate Now York Cotton-December Market closed 13.20 New York Rubber December Market closed 16.11 Chicago Wheat December 103 103) 103 103)

791 -December 50) (79) Chicago Corn

490 490 High-1933/34 Low: Aug. 31.

20. Rails

American Radiator....... American Smelting........ 9.00 American Tel & Tel. 6.00 American Tobacco "B" 1.00 American Waterworks ........... Anaconda Copper Mining Auburn

Bendix Aviation

471

*#

Change aff Firm

пр

I up

unchanged

Sept. 1. Change

$2.64 .22 of 36.07.10 off

20.48 .0% up

unchanged

99.78

unquoted

LAST SALE Aug. 31. Sept. 1

$97 197

Silver Official

Dow Jones Averages

30 Industrials

110.74

50.16 92.86

56.94

25.43 38.17

20 Utilitie

37,73

19.33 20.46

40 Bonda

11 Commodity Index

05.46 €5.45*

73.31 92.78 41.08 62:31

Drv. PIR. SH.

· 1933/34

FLIGH

Low

8.00 Air Heduction

112

8.00 Allied Chemical & Dye 4.00 American Can

180

702

129 bid 129 bid

1071

491

98

971

19

131

131

55

104

38

371

1341

111

··1111"

041

.76

75 bid

43

181

16jbid

224

121

121

841

23

24

231

124

121

B*

257

1,80 Borden Company as

J. 1 Case ......

37

257

103)

41

401

Apot

Bourse six months

Yen 450 Yen 481

90%

14

131

271

0.50 Caterpillar Co.

281b.a

1.40 Chase National Bank

244bla 24 big

33 *** 331·

1.00 Chrysler Motors

ZA

3.40 Consolidated Gaa of NY.

Curtim Wright

28

28

2.00 Da Pont de Nemours

1087

90

89

32

3.00 Eastman Kodak

1004

991

99.bid

48

22

214

Electric Auto-Lite Co

10

%. Electric Bond & Share.........

11

111

46'

Electric Power and Light...

41

4*

LEA

0.40 General Electric

301

19

181

30

30

201

291

291

211

11 bid 11fb'd

18

978

-27

407

18hid

27 25251"

991

10 98

New York Quotations

September 1.

CLOSED

BANKS IN POLAND.

(Special to the "Hong Kong Dally Press" (Copyright.)]

Canadian Pacific.

100 General Foods 1.00 General Motors 1.0 Gillette Balety 1.20. Gold Das

ist 0.60 International Harvester 0.10 International Nickel

International Tel. & Tel. 4.00 Liggett & Myer's "B" 1.00 Loew's Inc.

Warsaw, Sept. 3. According to the "Gazeta Hand- lowa," Germany was the greatest creditor of the Polish banks dur- ing the year 1933. The German claims totalled 58.4 million `zloty but the German Arms owed the banks in Poland 19.4 million zloty, so that Germany was at 1.20 National Dairy Producta the same time the greatest foreign debtor to the Polish Banks,

N. Y. Central

+

2.00 Mc Intyre Porcupine... Montgomery Ward ... 200 National Biscuit...

100 National City Bank *****

888118918

National Distillers......

In the course of 1933, the Ger- 0.00 Otis Elevator man credit balances in Poland decreased by 39 million sloty. These figures refer chiefly to the branches of German banks in Poland and are taken from the Polah banking commissioner who treats the branches of German banks in Poland as Pollah banks

England's claims against Poland totalled 48.8, million zloty while | France with 41.1 stood third among the creditors. The French claims | 0.12) Trans-America decreased by three million zloty in the year under consideration. The Polish banks at the end of 1933 owed the three countries named 129.2 million zloty.

•Transocean Kuo Min.

1.60 Pasile Gae & Electria

Packard Motors

0.5C Pennsylvania Railway ........i

Radio Corp. Bears Roebuck

0.40 Booony-Vacuum Corpn.

Southern Pacific ..iii 1.00 Standard «Brands Standard Gas... 1.00 Standard Oil Co. of Nes

Jersey

1.00 Texas Corporat

1.00- Union Carbide, & 6.00 Union Pacifie

United Air and United Corporati United States Stre Westinghouss-ES

401

464

201

401

27 121

10 971bid.

27km 27 bid

4348

241 24

324 331 21fbid 211 17.xd17

207 217bla

214

217

141.

15

16:05

24

3145

24+ -52

371371

14

181

(91.42 xd