1934-11-14 — Page 12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers' Association

Bayers

Sele

daaiinal

TUESDAYT, NOV. 13,

Bayes

Ballers

Banka

1

$1,055 HK. Hauks

*£134

£18

$1,630

"Do. (Loudung **

Chartered Banks...

216

L32

Mercantile Bks. "A"

£131

Do.

E13

J93

Bank of East Asia.

$80

·N. UTAN. Hacks ..

0

Am. U. rin.Corp; bi

36

1-k

$0

Ch. Fin. Corp. Urd. S.;

Du

Prof.

Insurances

Canton Hisaranaki,

Union Insurances...

Ainternational Assɔ, S.

$840

HONG KONG DAILY PRESS, WEDNESDAY, NOVEMBER 14,

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

The following mid-day prices were received last night from. New York by The American Oriental Finance Corporation and Mesars. 9. E. Levy & Co.

COMMODITIES

Sterling. New York-London

H. K. ST CK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

1934.

the

The market opened on steady side with a good demand for Hotels, Lights, Telephones and Lands There was also small en quries for Cements, both cash an: forward. HK. Banks came

t business at $1.830 and Unions had buyers at $530 without attracting setters.

SALES

H.K Banks, $1830. Hotels, $4.70.

BUYERS

Union Insurances, $520 Providents (old), $1.55. Ewo Cottons, 8b. $10.15. Hotels, $4.65

Singapore Tractions 4/3.

Singapore Tractions (Pret) 17/9

No V, 10 Close Open

500

Cotton December

12.35

$270

Cotton: March

12.48

51.13

Underwriters

.....11.10

11.13

Silver: December

381

55.60

$520

#510

China Firos

Silver: March.

56.75.

: 520

" Nov. 13 10.30 10.40

500 4991 4993 12.30 1837 .12.37 12.50 12.51 12.48 55.00 55.00в 55.00% 56.75 58.80 56.80

11.00

H.K. Fires..

Silk: December

122

$237)

SU

Rubber: December

13.40

"Shipping

Rubber: March...

13.75

· 124jm... · 124jB 13.35 13.36 13.36 13.69 13.69 13.69

141

Dongines

£40

$41

Wheat: December

1001

991

991

Steambouts

17

Wheat; May

991

99

99

730

Indos (pret.)

$30

931

Do." (del)

$35

Com: May

81+-

811

818

Hong Kong Lands, $$1. China Lights (old), $8.00. China Lights (new), $8.85,

Shells ***...

Winnipeg Wheat May

821

Telephones (old). $23.

13,

Waterkonta

Minilas

STOCKS

o con

Antamoks

57 ats.

American Smelting

342

$57

Balateos

Auburn

377 25-

371

377

371

Canton Ices, $3.

25 254 251

Cements. $2.

Baguio Golt

143 ota

Consolidated gas of NY.

263

251

251

25+

$131

18 et

Do. Exploration

20 cts.

Du Pont

98gの

964

981

961

Zu ots.

Do. Goldfield ...

EL Bond and share

10

10. 93

時

[it ots.]

Big Widge ............................

110 ota:

General Motors

·311

303

303

301

22 uts.

Gold var

21 t..

Int. Tel. and Tel.

9

21

91

91

12

Unitud Paracales..

$30 otb

Loew's" Inc.

$1

31

314

31

"31

1-

Salacot Mining......

15cts.

Montgomery W.

291

29

284

282

281

1po Mining.....

National Distillers

22+

222

221

231

$0.30

Itogons

N.Y. Central

32

213

211 211

10/4

Koiis

22/0

Standard Oil Co. of N.J.

43

$17

Langkala taugten.

>18

U.S. Steel

347

35+

433 43+ 35+ 347

434 35

+3

Explorations......

18,

Stranghai Loans.

18

Raubs

$11.10

15

54

46 at

$131 Benguet Consolidated!

Gold Crick

Venezuela Weld Fida.

Docks, Wharves,

Godowns, sis.

$100

H.K. & K. Wharter.

31.35

150 cts

Do. (new)...

3122

1.K. & W. Docki

Do.

"E"

$8.80

39.54

#315

9.

F108

pà

12.80

Providents (old) ... di,

S. China Motor A'

4123 Shanghai Ducks S.

| 4,60

New Engineerings. Hongkew..... Lands, Hotels, sadį

Buildings

H.. Hotala ....... H.K Landa...........8. Do. 4% Debentures Shanghai Lauda, Y. Metropolitan Landa..

Healties....

1

429

145 minila

$11

$15

China Do

$137

Do. Debontu 853.

$91

Humphreys

10

$143

320

$90

+

177+

$48

$8.40

#55

$331

8-10

34,70

51

14%

11

Now Asia Hatal

Asia Realtics “A” N.

Do" "B" S.

Chinese Estates .....

Cotton Mil

710.10 Ewas

S'ha Cottonsfold,S.

Do Loews.

Zoang Rings Á Wing On Textiles(3.)

Public Utilities

$19.35 Tramways

Peak Trams (old)...)

Do. (new)...

Star Ferries

Yaumati Ferries

China Lights (old)L75

Do. (new) $9.65

Bandakan Lights....

Telephones (old) ..., $22Į ¦ 322.60||

314

37 1971

67+

H.Electrics...

'3.5

Maceo⚫ do.

$9.86

Do

(new)...

$13.20

China Bus 8.

Tractions

Do. (pref.)

·Industrials.

$45

376

845

FINANCE AND

BUSINESS

German Minister's Survey

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

By Telegraph. Lopyright,...," Tele

Ordinance. graphic Messages

1894- Receited, November 13, 7.30 p.m.)

Aix la Chapelle, Nov. 13. . Count Schwerin Yon Krosigk, the Reichs Finance Minister, gave a lecture on Monday night on "Finance" sand Business," after which he answered many ques- tious which the German public have been asking for some time past. He warned the people of Germany against making any $9.40 superficial

coirparisons between $52

the prosperity of 1928-9 and con ditions of to-day The good times experienced then, said the Minis- ter, have resulted from a deluge of foreign credits while the hard times that flowed are due to a mistake made when the business was good, no reserves being made to meet the crisis that is certain to arise at the moment the flow of credits ceasca. The sudden throttling of expenditure that"fol- lowed not only produced in the shrinkage of State revenues but increased the Cavernment expen- diture for relief of jobless.

$16.4:

$14 $8

3971 $22

8.10

$87

4, 20

4.3

17/8

18.70

Malabon Bugars

$21

Caldbook, (ord.) 8.

$20

Macgregore fipraf.)8.

Canton Less $3

42.10

Camenta

2.JC

Aliscellaneous

$23

$3;

$8.90

323

Bopes $2.80

Dairy Partoncras -|

Der A Wings, and

Amusements .......

Do.. (new) 75 1.

Nanyang Tubacco... $4.8)

Biaceros ....canate vi

34

$54.

Far

55 eta

$7

Ch. Etainment.......

$1.0

Constractions, (old){ $1,65

76 ata,

$4

Lane Crawfords......

Mackintosh........

310

Watsons

70 ate.

Wm. Fowells

$2

M. Grayhoanda.

$1

United Theatron.......

.8.

87

pre

H.B. Gort 4 Len

perpa

Do...31%

$71

Wallace Harper ......

H.K. Wing On

$8.60

Vibro Pilong

. C. Enterprises $1.20

Ch.G.5% 1928GB 561.

S.E. Levy & Co.'s

The

were.

Cables

following cabled

reports

furnished by Messia. 8. E Levy & Co. last night.

Favourable factors prior to the opening of the markets-1. The lifting of restrictions on purchases of foreign exchange is interpreted as an expression of confidence in the monetary: outlook. 2. Steel milis activity is estimated at 27.3 per cent. of capacity. The im- provement is slightly better than had been expected. 3. Business trends continue to be moderately encouraging.

An unfavourable factor was Political developments in Europe

The first turn downward in the economic trend came at the end of January, 1933 with the advent

Le makal

CANTON SILK

· MARKET

The Kwangtung Raw Silk Test-

ing Bureau; Department of Recon- struction. Causen. China.

Canton Quotations

November 10.

Extra 0.9. 13/15 H.K. $380N. Small Extra O.S. 13/15 HK.

$340N.

Crack NS. 14/16 HK, $280P. Extra Extra 20/22 H.K. $245N. Waste N.3. Open HK. $51P,

Yokohama Quotations.

November 12.

Spot

Bourse 6 months

December March "May

Opening

'Yen 545 Yen 554

Constructions (new), 75 cts.

Govt, 4% Loan, 84% Prem."

Govt. 31 Loan, 3% Frem

SELLERS

Canton Insurances, $285. Sandakan Lights, .$8.

Telephones (old), $234,

Cements, $2.10.

Amusements, $4.

Gort. 31 Loan, 4% Prem,

"H.K. SHAREBROKERS”, ASSOCIATION

BUYERS

Underwriters, $1.10. Douglasės, $40, » Gold Rivers, 20 cts.

Hotels, $4.55.

Lands, $51. Humphreys, $9. Ewos, $10.10. Providents (Old), $IĄ. Providents (New), 25 cts. "Lights (Old), $8.80.

Lights (New), $8.60. Telephones (Old), $22.80. Canton Ices., $3.05. Ropes, $2.80. Constructions (Old), $1.65. Constructions (New): 75 cts. Nanyangs, $4.60.

Gold $ Bonds, 854 per cent.

* B.C. Enterprise; $1.20.

SELLERS Douglases, $41." Cements, $2.05.

SALES Underwriters, $1.18. Douglases, $401.

New York Quotations

November 8,

Bid Ask 1.19. 1.19 -1.191.201 1.21 1.21+ November 10, CLOSED New York Quotations are ob- tained through Courtesy of Amer- GERMAN SHARE MARKET ican Oriental Finance Corpors- tion

JAPAN'S THIRD FLEET

Rumours that Japan intends to increase her naval landing force in Shanghai have been officially denied. They appear to have arisen from the fact that the Third

has been reorganized, all destroyer Fleet Japan's China" Squadron units being amalgamated into one, which will be known in the future

of the National-Socialist regime as the Fourth Destroyer Unit This change was brought about by starting productive relief works

Before the troubles of 1932 the

on the one hand and the en-Japanese had only one destroyer un regular duty on this station. couragement of private work-giv- ing programmes on the other. ThAfter the troubles broke out, how impetus thus given is reinforced ever, three flotillas were attached to the Third Fleet and they have

by the reduction of taxation and

not

| loans to those who want to maz. remained here until this summer The new taxation programme for when they left to join the Japanese. the next year had

satisfied naval, manoeuvres.

Only one of expectations but it must be borne the three flotillas has since return."

ed. It is possible that the two in mind that the next few years will have to carry the repayment Botillas which have not yet come of credits the Government was back to Shanghai will be lacluded forced to obtain to finance the in the new reorganization. But credits of work for the jobless.

21...

#108 $101

$8 60

comes

REICHSMARK QUOTA-

TIONS

[Special to the "Hong Kong Daily Press” (Copyright.]].

Berlin, Nov. 12. Reichsmark quotations (without

guarantee);-

New York Paris

Amsterdam

40.26 617 59,54

Parls Sterling Dollar

75.71- 15.165

continue

to. be & amewhat restraining influence...

London Silver: — Spot-24-7/8, down 3/8; Forward-25. down 3/8. London Silver Comment: China and Speculators sold. Speculators and India bought at the fall Market closed quietly steady.

FUR FABRICS

Special to the "Bong Kong Day Press" (Copyright))

Berlin, Nov, 12– The haremarket opened caut. lously, no noticeable difference from last week's close occurring. The price movements were erratic. Fixed interest securities were be- calmed, gold and mortgaged bonds being neglected...

Call Money 3 to 4, Young Loan weakened to 95, Reichsbank rose to 142, Dyetrusts weakened to 137, Salzdetfurth Potash alumped 14 to 1454, Gerinan Steel Trusts declined to 381. German Mineral Oll down to 1001, Biemenshalake dropped 14 to 1334 and Bemberg Rayon rose 2 to 132.-

LATE NIGHT CABLES

M

London Forecast Stacks: Improved conditions are probable on Wall Street, due

er.

orders owing to the removal of the ban on the export of capital.

Cotton Cotton may open high- Ruber--Rubber prices are anti- cipated to open a little better.

Wheat:-Wheat may open lower and then steady. The weather in the corn beft is cold. In the south- west, conditions are clear. It is rumoured that there is frost in the Argentine.

The following cables were re- ceived on Saturday night by the this, it is pointed out, 18 not an American Oriental Finance Cor- increase in the naval force and poration and Messrs. 8. B. Levy & The question is often siker, zald

need give rise to no alarmist re- Con- the Minister, where the money to parts.

There have been three finance"the work rello! schemes flotillas here for the last two years. It was obtained so far as the rumoured increase from. through discounting bills at say in the landing force is concerned, partially to the accumulation or ings thanks to the private banks oficials of the Japanese Legation and the Reichsbank. The

Te have been able to give them a full demption of these bills will ad- denial. The present force is re mittedly burden the State finan-garded as adequate. ces for the next few years but apart from the fact that in 1933 there was no choice but to take this course, the simple computa- tion suffices to prove that the re-

The British makers of fur fabrics demption of outstanding bills pro- vided for out of savings has been have this year produced some even accomplished by the State in the better coples of furs. One in nar- amounts paid for the rellef of un-row stripes imitating summer.erm- employment and through increas- ine, with brown leather belt and ed revenue from the taxation re- sleeve straps, makes a charming sulting from the revival of, bust and serviceable all-round purpose coat for the young girl. Another good imitation is of nutria, made as simply as the actual fur would be, whilst for town wear is a black "Persian paw" with a brown fur collar. These fabrics are not af- fected by rain, sook sumptuous, and yet are without the weight which la Inevitable with real furs. S

Tess.

In the sphere of finance, we wil certainly not come ta grief, he sald, but there is nevertheless, the danger in old people at both sexes exaggerating the significance of momentary shortage which any body can easily understand Transocean Kuo Mi

ADVANCE TO TOKYO STOCK EXCHANGE

Night Quotations

of New York Stocks and Commodities

Our offices are

open from 10 p.m2. midnight,

until every night except Sundays and Net York holidays.

The opening quotations of a selected list of New York Stocks and of Commodities will be received in our offices at

4 approximately 10-minute interrals.

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

¡Advices of arecations na orders placed during the night sessions are received within the half-hour.

Imerican Oriental Finance Corporation

A

Asia Life Bldg.

Federal Inc. U.S.A.

Hồng Kong.

Tel. 26631.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTQËS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

"Members:

1:

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

WHITE, WELD & CO., NEW YORK

7, ICE HOUSE STREET, HONG KONG (Head Office:-Continental Bank Building, Shanghai). Tel. 30101 and 30103

Tel. Address: Selco

NEW YORK STOCK EXCHANGE

• THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York: November 11.

QUOTATIONS

New York/London Cross-rate" New York Cotton December.

Bendix Aviation

1.80 Borden Company

Last Today's High Low Close Close Change 4991 4.087

4.8 4. -off Stendy 1437 14.27 12.27 12.3508 up,

442

43

99.21 36.35

93.28

59, B .28 up

LAST SALE

Nov. 9: Nov. 10.

157 16

12

New York Rubber-December 13.40 13.30 1331 13.40 .09 up Chicago Wheat—December 1001 Chicago Corn -December

721-781 Montreal Silver-December 63.45 53.35 5.5 63.45 Silver-Official

-531

Us 391

unchanged

THE

up .55 up

337 jup

Dow Jones Aversgen, High-1933/34 Low:

Nov. Nov. 10. Uhange

30 Industriala

110.75

84.28 94.02...

20 dp

20 Rails

56.94

32.96 38.33

09-up

20 Utilities

37.73

IM.AU 19.70

-10.70

06 off

40 Bonds

-95.48

11 Commodity Index.

65.45

Div. $

PIE. SH.

84.73 03.56 41.98 $600

1932/34 Клон

13 up

Low

3.00 Air Reduction

112

473

$108 $107

6.00 Allied Chemical & Dye

180

701

134 1333

4.00 American Can-

1071

491 1034 1041

19

American Radiator.......

11

American Smelfing......

30

101

381 362

9.00 American Tel & Tel................. 5.00 American Tobacco. "B" 1.00 American Waterworks............. Anaconda Copper Mining Auburn

1362

861

112 112

83 827

B

11

151 151 114

841

241

27

257

23}

·241

37%

18.

201

J. I Chic

1034

501

Canadian Pacific

20%

74

0.50

Caterpillar Co.

33

": 344

1.6

Chase National Bank

402

10%

25 bid 25 bid

30

1.00 Chrysler Motors

3.40 Consolidated Gas of NY.

648

31

201

Curtis Wright

51

2.00 Du Pont de Nemours

1037

..1 331

27

961

100

1104

• 46

-

Electric Auto-Lite Co...

-311

26

10

48

9%

34

191

101

341

21.

10

.14巷

72

171

17%

13

38

40%

130

291

237

21

94

99

1044

30

311

451

201

60%

27

10%

21 bid 214bld

254

171171

413

231

A

251

101

14%

154

31

421

123

612

3.00 Eastman Kodak

6% Electric Bond & Share .....

Electric Power and Light...

0.40 General Electric

1.00 General Foods 1.00 General Motora 1.00 Gillette Safety..... 1.90 Gold Dust............ 0.80 International Harvester 0.10 International Nickel

International Tel & Tel 4.00 Liggett & Myers "B" 1:09 Loew's Inc.

2.00 McIntyre Porcupine

Montgomery Ward...

2.0 National Biscuit 100 National City Babk 1.20 National Dairy Products

N. X. Central National Distillera

0.60 Otis Elevator ... 1,60 Pacific Gas & Electrié

Packard, Motors

0.50 Pennsylvania Railway n

-Hadio Corpa, ......

Sears Roebuck..... 0.40 Bocony-Vacuum Corpn. Bouthern Pacifio. 1.00 Standard Brands

Standard Glad

-1.00 Standard Oil Co. of New

Jersey 1.00 Texas. Corporation 0.19 Trans-America

8,00

Tokyo, November 13. Japan has decided to advance Yen 50,000,000 to the Tokyo Stock100 Exchange to enable the latter to conduct the month-end settle- ments 'smoothly. Heuter.

Union Carbide & Carbon. Union Pacific.. United Air and r United Corporation United States Steel Wastinghonas R

*777÷=====TERESAGBASTAGNANA SACCEDERA

རིཾདྷནཱཀྰ༠བྷབྷཨཙྪབྷཱཡྻཐཱཝམྦཏྟཏྟརཱནཱནཱདྷམཙྪཱཏྟཙིwཊྛཊིཊྛཔྤཐཱཨཱམཱཎཊྛོ=ཙིབྷབྷུམྦསྶ ༢agད=ཞིགྲཱ

412

105