1934-11-16 — Page 12

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DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Layers Sellars

dales

Naestus

THURSDAY.

$1,610

1131

Eid.

$620

$295

;

932

Sharebrokers"

NOV, 15.

Banks

H.K. Banks

Eo. (London) er Chartered Banks Marcautile Bks. "A"

Do.

Bank of East Asia

Am. O. Fio.Corp: 8.

Insurances

Canton Insurances..

Association

Bayer

Balleru

Balen

لعليا

#1,630

£18 £34 £131 500

36.30

£13

393

N. 0.8. Barks

3:0

Ch. Fin. Corp. Ord. S

Prof.

$270

1,15

Underwriters

31.10.

Union Insuranota... 3817

$310

Chins Fires

are

3237

H.K. Fires....ki* ***

International Azusa, 3.

Shipping

J41

Douglass .....

Steamboate

130

Indos (pret)

$33

Do. (def.)

43/1

Shella

$13.

"Waterbents

Mining

60 eta

Amtamoks

337

Balateos

46 cts

Baguio Coll.......

#13

13 ota

Exploration 19 cts. Goldfield

21 at

16.

821

#6.30

Benguet Consolidated

Do.

30 10.

10 ots.

Do.

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

Gold River

Goll Creek

United Paracales....

Salacot Mining

Ipo Mining.

19AAN | Kalan

$17, Langka (single) S.

TD!

FEL

Explorations......

Shanghai Loans

Raubs

Venezuela Gold Fida

Docks, Wharves,

Godowns, ste,

#1!

(new)... 26 d

S. China Motors A'

·Do.

Shanghai Docks S.

New Engineeringsd.

Hongkaws... G.

Lands, Hotels, and

Buildings

"HE. Hotels

*****... $4.00

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

Metropolitan Lands...

$810,

140 17

130

$36 446- $13

57 ots.

142 als. $131

HONG KONG DAILY PRESS, FRIDAY, NOVEMBER 16, 1934.

NEW YORK STOCK AND COMMODITY QUOTATIONS

AMERICAN ORIENTAL FINANCE CORPORATION.

AND S. E. LEVY & CO.

New York, Nov. 14, The American Oriental Finance Corporation's report through their New York agents, Messrs. E A Pierce & Co., states;-

prospects.

and

arel quidation by Commission Houses uncovered stop-loss orders.

New York, Nov. 14. Messrs. 8. E. Levy & Company's agents, Messrs. "White. Weld & Co., report, through their New York office states:-

MATT WELLS

LICENCE®

Withdrawn By Boxing Board

(Special Air Mail Service)

London, Oct. 28. Mr. Matt Wells, the boxing was the plaintiff in an referee, action against the British Boxing Board of Control before Mr. Justice Avory, in the King's Bench Divi- slon.

Stocks: Liquidation of utility issues has continued cwing to

Stocks: We still believe that fears of lower rates, but selected

He sought to test the validity firm to strong. any reaction should be utilized for Industrials were mainly because of favourable purchases. Business done? 960,000 of the action of the Board (Col. R. E. Myddleton and five others? dividend action

earnings' shares.

Bonds: United States Govern-in withdrawing his licence after. ment bonds were unchanged.. the heavy-weight contest at the much the same as yesterday, heavy | High-grades were fractionally bet- Albert Hall on March 13, 1933, carly in the session, but firm later. ter. with buying interest increas- between Don McCorkindale, the South African, and Walter Neusel. Second-grude issues Trade was moderate, with strengthing.

the German. derived from the corn market. The easiness of the foreign mar- kets is offsetting reports of dry weather here. ́.

Wheat-To-day, the market was

easier.

were

Grains: Barring any temporary technical setbacks, the trend of the market, especially Corn, looks higher. Total sales Wheat, 19,- 519,000 bushels; Corn, 18,391,000 bushels.

Cotton:-There was a little more Southern selling, which was taken by the Trade and Liverpool. The

Cotton: There is a feeling that market was small, but the tone wis steady, reflecting the improved liquidation of December cotton will

increase. Sentiment was mixed. business in the cotton-goods mar-

Rubber:-Speculative liquidaidon 10 t kets during the past week. Rubber:-There.

sharp uncovered stop-loss orders. Nov- sell-off, due to hedging by dealers ember arrivals so far. have been on a very small scale. We prefer and heavy shipments of the com- modity. Factories have not been scaledown purchases. Total sales buying as had been expected. Gen-615 'lots.

30 i 15fets.

$18

$11.10

$49.

$108

12.60

$115

Was A

NEW YORK 11 A.M. PRICES

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

Sterling, New York-London

Cotton: December

Cotton: March

Silver: December

109

E.K. & K. WhaPTUM.

$31.00

50 cts

Providents (old) ...

Do.

511

H.R. & W. Docks

COMMODITTERS

Nov. 14

Nov, 15

3123

(5)

499

#315

12.24

10.50 Close Open 10.30 10.40

4991 4991 .. 4991 12.24 12:25

12.38

12.36 12.37

$4.70 34.90

#511

54.41

12.24 12.37 "54.35B. 54.35B 54.50

Silver: March

55.50

55.50B 55.50B 55.50"

10%

prom.

Silk: December

1.23

1221 122

122

529

$11

Rubber: December

12.80

12.98 12.97

12.98

H.K. Realties.

$4.15

Rubber: March

13.10

13.27 13.27

13.25

$15

China Do

Wheat: December

091

991

$137

Do. Debonthras 3,

Wheat: May.

981

98)

19j

Hampbrays

New Asia Hotel

45.

Corn: May

$145

Asin Realties "A"8.

83.. 621

827 821

82ƒTM

82+

$20

Do.

STOCKS

ค

Chincze Estates....

Cotton Mills

374 372

110.15 EwOB

$10.30

26+

5771

S'hat Cottons(uld S.

846)

Do.

(news,

175 746

231

231 231 231

Du Pont

971 971

8-4

Zoong Sings *****

82.40

Wing On Textiles(S.)

$52

El Bond and share...

Public Utilities

General Motors

301

$19.15

Int. Tel, and Tel

91 91

311 91

$14

Peak Trains (old) ...

314

Loew's Inc.

30%

311 314

Do (now)...

291

29+

291

1071

Star Ferries

$961

241

$2.1

Yaamati Ferries

***

210

211 21}

217 22

$8.90

Do. (new)... 19.70

421

·427

424

+421

*871

U.S. Steel

344

341

351

351 351

$26

Macao do.

$24.45

$0.65

18.65

$23,2

4/2

17/9

$19.10 Tramways ************

(new)

China Lights (old)... $8.85

187) BLK. Electrics ******

Sandakan Light- ........ Telephones (old)

$13.20 China Buse......5.

Tractions

Do.

(pref.)...

Industrials

Malabon Sugars |---

Caldbeck, (ord.) 8.

Macgregora(pref.18.

Canton Ice

Comments

Ropes

Miscellaneous

1.BU

$8.70

121

$2.85 ex div

$93

Dairy Farms *****

$23

Der A Wings.marrj

Amusementa

$71

Ch. E'tainment........

$6.90

$1.0

Constructions, (old)j 31.65

7 cta,

Do. (new) 75 at.

Lane Crawfordi......

Mackintos

Nanyang Tubacco

34.6 )

Watsons

$51

zuota.

Wm. Powell.

155 ots

M. Greyhounds

S. C. Enterprises.

$1.20

United Thestrom

$10

Sinceros

87, Ub.G.51925. Bd. 56,

prete perm,

373

$1 in

$8.60

#LE. Dort 4% Loans]

Do 31%

Wallace Harper

ELK. Wing On **** Da B'ham Vibro Pilong

COMMODITIES PRICES

$108 -$101 $0.80

Chicago Wheat

9999 Dec. 100 100 - 997. May 991 ·991· 094 93 901 July 94 941 947 937 933 Tuesday's sales: 19,539,000 bushels

Chicago Cora

New York, Nov. 15... New York Cotton

November 14

Closing Closing Opening Dec. 12.34 1231 12.29 12:24 12.24

818 81 811 811 81 Jan. 12:40 12.35 12.34 12.31 12.31 Dec.

832 83 83 83 £21 Mar. 12.45 12.40 12.39 12.36 12.38 May

831. 831 831

821 May 12.45 12.38 12.39 12.37 12.37, aly July 12.42 12.37 12.38 12.35 12.35 Total sales: 18,391,000 bushels

12.13 12.09.12.10 12.05 12.05

Oct.

(1935) Bpot 12.80-

12,50

New York Rubber Dep. 13.24 13.148 13.148 12.80 12.80 Jan. 13.36 13.24 13.24 12.90 12.90 Max. 13.58 13.47 13.50 13.10 19.11 May 13.78 13.67 13.67 13.28 13.28 July 13.99 13.858 13.858 13.50% 13.50a Sept. 14.20 14.10 110 13.71 13.71 Total sales: 615 lots

Winnipeg Wheat May

American Smelting

Auburn

Consolidated gas of N.Y.

Montgomery W.

National Distillers

N.Y. Central

Standard Oil Co. of NJ,

S.E. Levy & Co.'s Cables

were TC-

The following cables eelved last night by Messra, 3, E. Levy and Co.:-

* * * - - * * # *=*‡

គឺទី៩៩៩ មុឌ

LATE NIGHT CABLES

וי.

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

London Forecast Cotton:- Cotton

Mr. Wells refereed and declared the fight a draw.

Serjeant Sullivan, KC. (for Mr. Bald a declaration Was Wells), claimed that the withdrawal of Mr. Wells's licence by the Board was illegal. He also sought an infunction to restrain the Board" from acting upon their decision. The defence was that, under the Board's rules, they were justified.

"Mr. Wells, in his young days. when his etrcumference was less. was a champion boxer in his class. and a professional boxer for many years." counsel continued: "Since then he has acted as referee at boxing contesta,"

The question for the Court was: Did the Board impute that Mr. Wells had been guilty of some mis- conduct that unfitted him to re- main a referee?

BOARD AND FAIR PLAY

If, in the publication by the Board of their decision, there was an imputation reflecting on the integrity of Mr. Wells. It was a libel on him, as there was no sug- was ever gestion that any man entitled to make an allegation of

lack dishonesty or

of integrity against Mr. Wells.

After "hearing the evidence the jury might come to the conclusion that the Board, whose rules aimed al securing fair play in the ring. learn might themselves have o something about fair play.

Mr. Wells had acted as 'referee In a great number of champion- WAS сп the ship contests, and "star" list of the Boxing Board's referees.

Dealing with the fight in ques- tion, Serjeant Sullivan said it was a very poor one. For a number of rounds neither. McCorkindale nor Neusel, did anything of note, and the crowd became extremely restive.

In Matt Wells's opinion it was not a question of who

was the was the better boxer, but who worse? He came to the conclusion that they were equal, and declared the match a draw.

That that was an honest and straightforward verdict was not disputed. A number of people thought it was wrong and a num- ber thought it was right, and there was a considerable disturbance in the hall.

open may

the entire

"One of the mysteries in the case," continued Serjeant Sullivan, "is that: Who, behind the screen of the eminently respectable board, Favourable factors prior to the

has been attacking Matt Wells? opening of the markets:~(1) In-

His anonymous accuser remains dications that Industry will be allowed more independence by the steady. It is reported that gin-unknown to the present moment"

Mr. Wells's explanation of his Administration and talk of vigor-ning machinery purchased during verdict of a draw was that, in his ous recovery drive by big business 1934 exceeds that of

opinion, the night ought never to during the coming months in total for the past three years. ·. arousing the interest of Wall Stocks:-Little change la expect have taken place, as neither boxer was in form for a first-class con- Street. (2) Weekly electricity pro ed in prices and in sentiment on duction totals 1,876,000,000 KW. Wall Street with business remhin-test. One of them, in his view, had the flu, and the other had a hours, an increase of 3.6 per cent. ing small

Rubber:--Rubber is expected to damaged wrist. from the corresponding period of

INCOMPETENCE ALLEGED last year..

open better.

Wheat! Wheat is Unfavourable factors were~~(1)

Mr. Wells pressed for some indi- It is understood that the unsettled market. The Argentine crop re- cation of the misconduct of which conditions in Europe resulted in port is conflicting while weather it was alleged he had been ad- very little stock market business conditions in the South-west con-

Iudged g guilty. Finally, a month here. (2) Petroleum daily average due dry which is also a factor after the withdrawal of his licence, he was informed that the board production totalled 2,375,000 bar-Prices should be slightly higher,

were dissatisfied with his explana- rels, an increase of 9.000 barrels from last week.

tion of his refereeing of the fight, and that his licence was with drawn on the ground of incom- petence

London Silver:-Spot 24-3/4 changed; Forward 24-7/8, changed.

די

twosided a

A.O.F.C. New York Cables Stocks: The recent industrial firmness despite utlifty weakness - Is very impressive. There was un-slightly higher and active opening The opinion is growing that the Administration is emphasizing, re- covery rather than reform.

Silver Comment:-India bought. China sold business amali Market closed steady:

New York Su

Dec: 1.23 1.23 1.23 1.22 123 Winnipeg Wheat.

Mar. 1.25. 1.24 1.25. 1.231 1.23)

1.24 1.24 Dec. 781 774.78

78 May 1.25 1.25 1.28. .78

170 lots May 83 82 82” 82 321 Total sales: July.

·831 831 83755831 89L

Montreal Silver -

New York SuKAT

Dec. 56.10 54.60 54.75 84.41 54.45 183 182 1.82 184 1.84 Mar, 56.20 55.70 55.90 55.50 55.00 Mar 173 172 1.73 1.78 1.74 May 56.90 56.20 56.60 58.10x 56.10x

1.75 -1.78 July 5740x unquoted 58.70% 56.70 May-1.761.78 1.76

1.30 1.79 1.80 1.80 1.80 Total sales: 47 contracts ur

Bld. Nominal. Total sales: 14,000 tons

DeE

Cotton The South is a moder ate seller. December liquidation continues. Liverpool and the do- méstic trade are buyers.

and that he "fumbled about with

.it.".

Was any charge made against you? None whatever. I asked the chairman what I was charged with, and I got no reply

Giving evidence, Mr. Wells sald The was light-weight amateur champion for four years, and in 1911, when he was 28, and a pro- fessional, he won the light-weight championship of Great Britain, He was now a licensed victualler, and, since 1921, had been refereeing Arst-class nights,

The fight referred to was-a. poor: contest, and a draw was his honest opinion of the result. Both men scored equal points, but afterwards, be either lost or mislaid his score

Later he attended a meeting of boxing referees, one of whom asked

When he appeared before the him if he had prejudged the con- board a steward told him that he test, and added, "Do you know was seen to use, & pencil with a there were men at the ringside rubber end to mark the score card, long before the contest took place

(Continued on Previous Column). betting that it would be a draw?""

Night Quotations

of New York Stocks and Commodities

until

Our offic, saru open from 10 p.m.

every night except Sundays and New

midnight,

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-minute intervals.

Thus, our clients have, on the same evoning, quotations 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 Corpor

Asia Life Bldg.

Federal Inc. U.S.A. Hong Kong.

Corporation

Tel. 25631.

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 (Head Office:---Continental Bank Building, Shanghai).

Tel. Address: Saloo Tel. 30101 and 30103

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERİCAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

QUOTATIONS

Dow Jones Averages. High-1933/34 Low: „Nov. 13, Nov. 14.

American Radiator. American Smelting

109

New York: November 15.

Last Today's

Change High Low Close Close 0.001 4.00 BUG) 4.99 1 off Frim New York/London Cross-rate

10 of 18.36 -12.91 £232 1224 New York Cotton-Dacerber New York Bubber-December 13.13 12.74 1324 13,80 44 DE

101 Biof 99 Chicago Wheat December 100)

81 814 801 -December 1 Chicago Corn Montreal Silver -December 54.78 54.35 55.10 $4.46

55 Silver-Official

1 on

off

.65 of

| on

20 Industrialn

110.75

84.38 99.19

Change 9449-33 up

20 Bail

56.94.

$32.85 30.09

38.27 118 E

20 Utilities

37.73

1880 18.94

18,62

31 off

40 Bonda

10.48

84.73 93.62

93.59

.03 off

11 Commodity Index

88.45

41.98 59.18

58.73

.48 off

Div. $ PER. SH.

3.00 Air Reduction 8.00 Allied Chemical & Dye 4.00 American Canin

1933/34

LAST SALE

HIGH

Low

Nov, 18. Nov. 14

471

$108

$110

160

701

1341

1071" *491

1041 105

-48

151

157

65+

101

362

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

1344

BG] 1111

948

431

141"

Anaconda Copper Mining...

32/

Auburn

842

252

"Bendix "Aviation

371

263

241xd

103

124

0.50 Caterpillar Co. 1.40 Chase National Bank 1.00 Chrysler Motors

·337

321x

104

24 bid 24 bid

15%

367

3.40 Consolidated Gas of N.Y.

Curtiss Wright

641

244

314

+24

来

2.00 Du Pont de Nemours 3.00 Eastman Kodak

1977

103

azj

110

257

311

158

191

337 337

30%

141

17:

97%

40%

231 231

218

· 1044

1041xă

999

281

1.60 borden Company J. r Case Canadian Pacific

Electric Auto-Lite Co. SARCA 6% s. Electric Bond & Share ...

"Electric Power and Light. 0.40 General Electric 1.80 General Foods .... 1.00 General Motors. 1.00 Gillette Safety 1.20 Gold Dust

-0.60 International Harvester 0.10 International Nickel

International Tel, & Tel. 4.00. Eiggett & Myers "B" 1.00 Loew's Inc.". 2.00 McIntyre Porcupine

Montgomery Ward 2.00 National Biscuit 1.00 National City Bank 1.50 National Dairy Products National Distillers

N, Y. Central 0.00 Otis Elevator 1,50 Pacific Gas & Electric

Packard Motor..... 0.50 Pennsylvania Railway

Radio Corpo.

Bears Roebuck. 0.40 Bocony Vacuum Corpa Southern Pacific

1.00 Standard Brands

Standard Gas

of New 1.00 Standard Oil Co.

Jersey

1.00 Texas Corporation 0.19 Trans-America 1,00 Union Carbide 6,00 Union Facific

United Air and United Cospć

དྲིརྨཱནཱམཚུཅཱབྷབྷྱོཿཏྲྰཾunཀླག མསྶབྷཱཝེཊྛནཱཝ, སྐུནཱཝནཱཙྪརཏི

142

201

311

613

ནཱནྣཀྐཎྜ རཱབྷིཀྑཏྟཊྛིནྣཾཨཧཱསོ=ཏྟཱཝོ༤ལོeaཧྲྰིངྒཱཎཊྚཊྚ=བྲཱཏྟཱནཱདྷསྶ Līཏུབྷཱཝཱནཏྠནཏྟརཱནྡནྡན ཝིསྶཡ, རཛན

1934-11-16 — Page 12

Comments

Private Research Note