1934-10-30 — Page 12

Daily Press 孖剌西報 All

IZ

DAILY SHARE QUOTATIONS Hong Kong Stock "Exchange

Bayer Baloc Balse Nominal)

Sharebrokers' Association

MONDAY, OCTOBER 29.

Banky

H.K. Banks

Bo. (London) .... Chartered Banks ...

Interanoes

Bugars

Bellary

$1,696

$940

HONG KONG DAILY PRESS, TUESDAY,

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

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

$1,655

£133 £151

230

Mercantile Bks. “A

213

De

303

Bank of East Asia........

$21

N. C. & S. Basko

$x0

Am. O, Fin. Corp: B.

COMMODITERS

Oct. 28

3+

Ch. Fin.Corp. ord. 8.

· Do. Pref

Sterling, New York-London

$285

Canton Insuran000 --

Cotton: December......

13.23

Oct. 29 Close Open 10.30 10.40

4901

496

496 12.25 12.26

11.00

1961. 12.31

1970

Underwriters

***

$1.15

31.18

$510

$530

Union Insurance --- $505

Cotton: March Silver: December

12.27

52.85

China Fires

3510

$620

Sver: March

53,85

$8371

HK Fires.comArsena

Silk: December

118

International Amos, d.

16

Shipping

Rubber: December

13.93

12.30 12:31 12 33 $2.45 52.45B 52,458 53.35 33.35B 53.35 1158 1148 1158

13.95 13.94 13.94

Rubber: March

14.33

14.30 14.50 14.35

841

Douglasen

$72

Steamboats

Wheat: December

08

961

981

320

Indus (pref.)

un

130

Wheat May

$53

901

081

$33

Do (def.) aram

$38

Corn: December

741

75

743

45/-

·Shells ****

46/8

Corn: May

TBE

771

761

$133

Waterboats

$131

Winnipeg Wheat May

81

81

Mining

60 cta

Amtaraoks......

58 ct.

$37

Balataon....

46 otu.

Baguio Gold.....................

142 cts.

American Smelting

STOCKS

341

$411

Benguet Consolidated $39

Auburn

231

17 abs.

Do.

Exploration

{2} st#:

130 cta.

11ta.

EI. Bond and Share

|22*eti.

General Motors

12

31 ota.

Int., Tel and Tel

18 et

Salacot Mining

16 stu.

121

Ipo Mining...................

$8.30

Itogona

2./10

Kailans

19/6

$17

Langkats (single) B.

$18

15)

Explorations

161

Shanghai Losas d

10.30

$10.40

Venezuela Gold Fids.!

B1 str.

10 ot.

Do Goldfield...

Big Wedge.............

Gold River

Gold Creek

**

United Paracalos...

$107

$11

112.66

iii.

*དབ་ཟ་དང

$10,40) Raubs .....................

15

150 sta

Docks, Wharvas,

Godowns, ete.

H.K. & K. Wharvar. $1071) Providents (old) ...] $14

"Du.

(Le)...

H.K, & W. Dooks

8. China Motors' A'

Do.

B

J127) Shanghai Dock S.

***

Bh

New Engineerin♫M.

$315

Hongkows

B.

fands, Hotels, and

Buildings

H.K. Hotels

HK Landa..............8. Do. 4% Debentures.

Shanghai anda....

Y

130 ola

112.60

*33

Consolidated gas of NY.

Du Pont

Loew's Inc.

McIntyre Foren.

Montgomery W

National Distillers

N.Y. Central

Standard Oil Co. of NJ.

US. Steel

19

8:13

Dec.

1!

COMMODITY PRICES

New York, Oct. 27. New York Cotton Oct. 26

Oct. 27 Closing Opening Closing

12.23 12.28 12.27 14.23 12.23 Jan. 12.28 12.31 12:31 12.25 12.25 Mar. 12.30 1231-1232" 12.27 12.27. May 12,38 12.38 12,38 12.34 12.34 July 12:40 12.43 12.42 12.40 12.40 Oct, 12.32 12.35 12.35 12.29 12.31 (1935) Spot 12.50

# ï ï ¿ * • * * 3 × 383

| ឆន គឺគភ៌ និឌូឌីតត

267

201

283

281

281.

421

201

21+

211

+

301

317

311

CEREA PEDECEK * |

257

901

292

01

291

រ នឌីឌីន គឺឧនន

43****

22

211

301

-314

S.E. Levy & Co.'s Cables

OCTOBER 30, 1934.

LATE NIGHT

CABLES

The following cables were re: ceived last night by the American Oriental Finance Corporation and S. E. Levy & Co.-

London Forecast

1

Stocks: Wall Street tweak and in a quiet mood and another un-- Interesting session is anticipated. Views are too divergent to create confindence,

Cotton: The cotton market is ex- pected to open higher in sympatny with, wheat. The season's carry- over in the United States outside Government hands is likely to be very small antes prices rise suff ciently to permit the release of some of the pool holdings. The weather in the northern cotton belt is very cold, a marked change from the previous very mild Autumn.

Wheat: Wheat prices are anti- elpated to open higher, due to in- creasing nervousness. regarding the Argentine rust situation.

Rubber: The rubber market will probably open easier.

A.O.F.C. New York Cables Stocks: Standard Statistics re- commends buying General Motors- Moody's considers Consolidated Gas of New York is relatively un- attractive; current business re- ports improved. The opening was irregular, inactive on slightly lower trend.

Cotton: The market is narrow but with no pressure to sell, domes- tic trade offtake moderate.

CHINA AND SILVER

the

Writing to the editor of the Times," Mr. B. Willson, says:- Sir. The telegram from your The following cabled repores Shanghai Correspondent, on were furnished by Messrs. S. Esubject of United States silver. Levy and Company last night:

policy which you publish in your American Weather Report, 8 PM Issue of October 3 contains state- The weather in the United Statesments which are dificult to recon- is constructive.

elle with the facts of the Chinese The Cornbelt is very cold with

monetary situation derived from frosts which is stimulating the deather and not less credible sources. mand for seed. New York Rubber".

There has been no sudden The South-west Wheatbelt show raising of the price of silver; the unquoted 13.78 13.78 little sings that moisture is needed. warning has been ample (dating 13.80 13.85 13.85 13.93 13.33 The Cottonbelt is very cold. This from the Silver Agreement" "15 14.01 13.988 13.98 1.400 14.081 a sharp chalige from the pre-months ago) and the process will Mar. 27 14.21 14.22 14.30 14.33vious very mild autumn weather. May 14.47 14:45 14:46 14:52 14.52 July 14.67 1468 14.86 14.72 14.73 Total sales:

14.40

Oct.

13.76

Dec.

19.10 Jan

25

$4.90

$501

$51

$51

·2%

prem

21%

$14

Metropolitan Lands..

$41

H.K. Kealties.

Sib

China Do..............S.

$137

Do DebenturesS.

$10

Humphreys ...!

New Asia Hotel

$45

$143

Asin Realties "A"

$20

"B".

H

"300

Chinese Estates....

3102

$75

S'has Cottons(id)S.

#46

Do. (now)9.

$9.40

Zoong Sings S

$65

Wing On Textiles(S.)

Publie Utilities

*$2.85

Do.

Cotton Milla

Eros .........

Da (Baw)...

$19.80 Tramways ..............................

514

Poak Trams (old).

$975 Brar ForrieM

Yaumati Ferriss *** $32

$8.88 | Chins Lights (old).......) 42,60

Do (new)

$13.10 China Busos men. S.

Tractions' der Do. (pref)......

Industriala

Malabon Sugars

Caldbeck, 1(ord.) 8,|

Mangregors(praf.)B.|

Combats

********* $2.60

#87

Do. (new)...] $8,65

$69

H.K. Electrica ......

310

Macao do.

13

Sandakan Lights...

Telephones (old)....

$10

43

*1

.17/0

$8.70

$21

(32)

Canton Ives

$2.15

|

$3

Ropes ACE JANSENAK

Miscellaneous

$23

Dairy Farmasin

Der A Wingscayaan

$4

Amui.uenta.....

Ch. Etainments......

***

$1

78 ole.

Do.

(now) 78 ata.

34

Lane Crawfor

$21

Mackintosha

Nanyang Tobacco...

$10

·551

Constructions, (old)| 31 #0

Sincered.......... Watsonkton › Pass

70 ets. Win, Powells.

M. Greyhounds......

***$1.20

5. 0. Faerprises United Theatron.......... 8,

87.5%19950.3Bd496).

H.K, Govt. 4% Loans 87

13.50

.'

Securities an

Investment

and Commodities

We offer you

Daily Quotation Service

and.

Every Facility for

Trading through "our

"New York Correspon' dents E. A. PIERCE & CO.

American Oriental Finance Corporation.

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

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 STOCK AND COMMODITY SERVICE

Members:

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

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK ̈‚¿, ICE HOUSE STREET, HONG KONG (Head Office: Continental Bank Building, Shanghai).

Tel. Address: Beloo Tel. 81101 and 30109

NEW YORK STOCK EXCHANGE

THROUGH REUTERS AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

Now York: October 29.

QUOTATIONS

Last Today's High Low Close Close 4.901 4.98 4.97 4.881 12.30 122 12.15 19.73 New York Rubber-December 13.94 13.33 13.81 13,3

96 927 96 Chicago Wheat December 98f

+741 December 74. 74 741 Chicago Corn

59.90 59.85 Montreal Silver -December

53] Silver-Official ..

Change.

A of quiet

.02. of .03 up

I oft

05 off

ва

off

Oct. 27.

Change

12.88

New York/London Cross-rate New York Cotton-December be gradual As "The Times" said It is reported from Argentine in its leading article when China that yellow rast is rapidly spread signed the Silver Agreement (July ing to the North-west wheatzone. 24, 1933)- The 'Ministry has ordered urgent investigation following 'alarming report by the District Commis- 811 81sioner. unreceived

29 lots 1810.40

Chicago Wheat $73 Dec. 964 95 981 961 98 845 May 961. 961 981 957 95 $9.40

912 917 917 $52 July

Friday's sales:---

219.85

$14

16

Dec. 741

764 762

"It is "designed to benefit both silver producers and holders of re- dundant silver stocks. In so far as It does that, it will help to in- crease the purchasing power of the silver-using countries." "To ze- store the purchasing power of China and the other silver-using countries by giving, silver an in-

The Market Favourable factors prior to the Chicago Corn

747 741 741 744, opening of the markets:-1, Steel 1971 May 767 782 761 761 781 activity in Youngstown this weak is estimated at 30 per cent. of capacity compared with 28 per cent the previous week; 2. The ternational monetary value" is the evident determination of commer-aim of the President's policy, and 75 75% cial bankers to make fresh efforts those who support that policy are $70 76% to induce Industry to borrow with 1-described by your Correspondent more freedom is construed as as a small but noisy faction." They are, as the elections in Ameri- constructive factor,

ca are proving, the large majority of the American people....

Dec. 767 761 762 May 81 81 811 80 81

th

$8.90

16-1

July 771 74. 77 Total sales: unreceived.

Winnipeg Wheat

Oct.

701

762 76

$123.35 $101

New York Sagar

1.84 1.83 163

Oct.

1.79 1.79 Mar. 1.73 1.73 1.74 1.68 1.69 May 1.77 1,78 1.77 '1.73 - 1.73 July 1.81 1.80 181

1.77 1.77 Total sales:

8.000 tons

$2.05

New York Sük

Dec.

1.16

Mar.

1.184

$23

May

1.17

""

Dec.

394 $5

55 eta

pre

81

perm.

Do, 31%

$71

Wallace Harper ......

iu

ER Wing Ôn ....

8108

Shai 130.......

#ter

$860

Vibro Pilong.

..... 16.60

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

HK Banks and Unions were placed at alightly higher rates, at the close there were further enquiries for shares.

Hotels, Cements and China Lights changed hands at $4.80, $2 and $8.95 respectively, and Trams eased somewhat deals being put through at $19.80.

SALES

China Lights: (Old), $8.95. Dairy Farms, $23.

BUYERS

Hongkong Banks, $1605,

"Union Insurances, $510,

Underwriters, $1,15," Benguet Explorations, 17 ets. Gold Rivers, 21 cta. Wharves, $107. Docks, $12.65.

Providents (Old), $i}." Hongkong Lands, $50). Yaumati Ferries, $212. Telephones (old), $23. Singapore Fractions: 4/3. Singapore Fractions : (Pref);

17/

Canton Tomažas, Constructie (New), 78' cts. Govt. 31% Loan, 2% Prem;

SELLERS

Centon, Insurances, : $289-

Union Insurances, i $520, HH. Lands 4% Debentures, 20% The Frem:

Cements, $2.15

Market.closed

Montreal Silver

62.90 52.60 52.85 52.75 52.85 Mar. 53.90 53.80 53.85 53.70 53.80 May 54.35 54 54.35 54.25 54.30 July $5.00 unquoted. 54.80 55.00 Total sales:- -12 contracts.

NANKING CHAIRMAN

ARRIVES

Gives Optimistic View On Internal Unity

Bhanghai Oct, 24.

Unfavourable factora: 1. In- terest on the market remains at a |low ebb;" 2, A ̈disappointing UB. Steel Corp. report is expected to- inorrow. It is belleved, however, that 50 cents will again be paid on Preferred shares.

London Silver: Spot 23 5/8 down |1/8; Forward 23 3/4 down 1/8.

London Silver Comment: China and speculators sold. "India and America bought. Market closed

steady.

ICE-BREAKER'S VOYAGE

*

I am, Bir, yours obediently,

BECKLES WILLSON. 8, Rue Gustave Doré, Place

Wagram, Paris.

'AMERICAN OFFICIALS

Consuls Taking Up New Poste In China

Shanghai, Oct. 24. President Coolidge When the A Tass message states that the

docked at Shanghai yesterday ice-breaker: Liedtke, which started morning, she carried an imposing on June 28 from Viadivi stock has list of American officials bound, for. Completed a through passage from

various points in the Far East. In the Far East to Leningrad In the addition to Maj. Gen. Frank Par- course of one navigation seasoner, there were several officials After breaking through strong proceeding to destinations in ice-barriers of the northern seas, China in order to take up import- the Liedtke expedition arrived in ant consular posts. All were the Murmansk, having covered 3,000 guests of Mr. Edwin 8. Cunning- miles. The object of the voyage ham, American Consul-General, at was further survey of the north the American Consulate where

of

Dow Jones Averages, High—1933/34 Low: - Oct. 28.

30 Industrials

40 Bonds

PKB. SH.

Am riqua Radiator....... American Smelting.......

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

Anscends Copper Mining Auburn

Bendix Aviation

1.80 Border Company

J. I. Case

Canadian Pacific

IB ON

31.99

unchanced

12.19.09 ou 93.46:09 up

.15 ott Bast Balz

· Oct. 28, Oct. 27.

110

110.78-

84.38 93.01

20 Rails

60.04

32.85 34.98

20. Utilities

37.78

18.80 19.91

95.48

94.73 93.44

11 Commodity index

66.45

Drv. $

41.98 57.49

1933/34 HIGH Low

57,33

3.00 Air Reduction

8.00 Allied Chemical & Dye. 4.00 American Can

119 160

47

$1018xx. $1034

701-

1271

125 bid

1071.

101

1007

10

132

$141

55+

341

348

1242

110

791

191

15%

15

5

104

10

24

231

24

241

25

224

227

37%

18

451

45

103

12+

121

901

(28) -287-

0.50 Caterpillar Co.

14 Chase National Bank

401

23 bid 233bid

151

342 34

1.00 Chrysler Motorr

3.40 Consolidated Gas of N.Y.

640

25

257

21

-Curtiss Wright

90

91

2.00 Du Pont de Nemours.

108

asi.

10040

103

103 bid.

221 -23

Electric Auto-Lite Ca 8% Electric Bond & Share

Electric Power and Light..... 0.40. General Electric ...... 100 General Foods .................. 1.00 General Motors

311

10

48

32

32

101

32

124 127

7

164 101

271 48%

33-

321

231

23

--91

1014

101

284

3422

271

1274

261

257

207 21jbid

18

·211

211

3.00 Eastmau Kodak

100 Gillette Safety 120 Gold Dast .................. 0.00 International Harvester 0.10 International Nickel

International Tel. & Tel 4.00 Liggett & Myers "B" 1.00 Loew's Io... 2.00 Me Intyre Forcupine

Montgomery Ward 2.0 National Biscait

N, Y Caniral National Distillers

0.00 Otis Elevator 1.50 Pacific Gai,,&' Electric

uc Pennsylvania Bailway

Radio Corpn.

Sears Rooback 0.40 Bocopy-Vaonwin-

Southern Pacifio 1.00 Standard Brands

Standard Gas

An optimistic view of the do-ern sea route: The peculiar feature they were entertained at tim 1.00 National City Bank mestic situation, was given by Mr.of it was th for the first time Owing to the fact the Coolidge 120 National Dairy Products En Sen, Chairman of the National in history of navigation the vessel sailed last night, the time of all Government, when interviewed by had to pass this route in the to make they acquaintance press representatives here upon course of one navigation season Shanghai was limited, his arrival from Nanking early, from east to west instead of from yesterday morning. Mr. Lin stated west to east, as has already been Mr. Cunningham's guests includ-Packard Motors that he came to Shanghat to reaccomplished by the ice-breakers ed Mr. Charles L. Hoover, who has ceive medical attention. Ques- tioned as to the outlook, he stated biryakov and, Chelluskin. Durbeer transferred from Amsterdam that the future was promising in her splendid cruise the Liedtke to become American Cons)-Ge- not only fulfilled the tasks she was neral at Hong Kong: Mr. Clarence regard to unity among Kuomin- given but also rendered great Spiker, former press secretary tang leaders.

Assistance (o a number of ships, of the American Legation at Fe-

king

who is passing through Shanghal en route to Canton where he will take the past of Con- Bul-General, and Mr. Paul R. Jos- selyn of Shanghai, who will pro- ceed to Bankos next month to assume fris new duties, as Consul General Mr. Boiler proceeded to Hong Kong en route to Canton with his colleaguer in the Coolidge.

The Government Chairman ar- ́ rived with Gen Wu Te-chen, Mayor of Shanghai, and Mir, Tal south a few days ago after hold Chi-tao, President of the Framina trg several conferences with Mr. tion Yuan. The group were wel Hu Ban-mm and other leaders in comed by a group a Government the south-west left for Nanking omcials.

yesterday morning. It is under- Dr. Wang Chung-hul, judge a-stood that he ill discuss, with the Permanent Court at The Gen

Kai-shek the result Hague, who arrived from the of his Interviews in the south,

1.00 Standard Of

1.00 0.12) $1.00 8.00

177 18

201

314

29

∙13

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