1934-11-17 — Page 12

Sharebrokers'

DAILY SHARE QUOTATIONS

Hong Kong Stock -

Baytra મન-

Exchange

31,030

Association

FRIDAY, NOV, 16.

Saliven

Majes

Bank

H.K. Bukk

Mercantile Bks "A"

· Du.

Bank of East Asin........

N. U. & S. Barks

Am. O. Fio. Corp: B.

£31

£13 $80

38

£131

£16

So. (Lomivu) ...}

·Uhartered Banks ........

| 31,830

932

£13

393

$20

+++

Jel Fin Corp. Urd. 8.

款

Do Prei. S.

Insurances

1286

Canton. Insurances..

$LIS

Underwriters

31.10

3820

Union Insumcoda .....

-610

China Fires...

H.K. Fires-

3517 7520 $240

International Anson, 8.)

Shipping

Douglasss.....i

Steamboats

1231)

Indon (pret)

Do. def.

Shella

Watercata

3275

5401

HONG KONG DAILY PRESS, SATURDAY, NOVEMBER 17, 1934.

NEW YORK STOCK AND COMMODITY QUOTATIONS

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

New York, Nov. 15. The American Oriental Finance Corporation's report through their New York agents, Messrs. E. A. | Pierce & Co., states:--

Stocks: The subsidence of liqui- dation of Utilities encouraged fresh buying this morning and was fol- lowed by profit-taking this after noon. The weakness of Gold Stocks in the Anal hour is possibly due to uncertainty over the European monetary situation.

.

Whent: The strength of Stocks, and Corn induced a sharp advance, which was followed by profit-taking on the continued dry weather in the West and South-West. Com- ment on the shortage of rainfall in the semi-arid sections of the Win- ter Belt exerted some influence.

Cotton: There was a good de- mand by "spot houses for near Axing prices. The December liqui- dation was well absorbed. The off- take in Cotton goods was moderate. The Yarn market was irregular and the basis continues to be very high, 30 with offerings light.

16

141

$7

$30

$31

42 6

13;

$30 $36

$13

Mining

60 cts.

Amtarocks

67 cta

$37

Halateos

46 ob

Baguio Gohl

$132 Benguet Consolidated

42 cta $13

18t

Do.

Exploration 18jeta.

19/191sta.

120 ota.

Da. Goldfield

10 cts.

Big Wedge

121 CE.

Gold it for

$20 ch..

32

Bold Creek............

United Piracalos...

18 et.

Salacet Mining....34Jets.

$2

Ipo Mining...

$0.50

Itogons.......

19/41

Kallus

$17

Langkar (single) 3.

Explorations.... 2.

$81

Shagl Loans S

111

Raubs.........

35

Venezuela Gold Fida.

544

$100

$1.25

50 cta.

$121

#123

56

$4.45

$315

$4.50/55

Docks, Wharves,

Godowns, ata.

H.K. & K. Whartes.

Providents (old)

Do. uew)"... 25 ov

H.K. & W. Dock

S. China Motors À'

Do.

Shanghai Docks S.

New Engineerings8.

Hongkowa.... .. B

Lands, Hotels, and

Butidings

H.K. Hotels

H.K Lands........ 3. Do. 4% Debentures Bhanghai Laude....

Metropolitan Lands..

361

LIF

prom

Pi

15 sts.

100th.

.

22.6 118

$11.10

$108

-

WL

312.60

33

13

0:16

Rubber: The market rallied on steadier London cables and cn other markets. Larger dealers were buy. ers and there was some commission house liquidation. Trade interests are holding off.

Flash: Brokers' loans decreasd by $8,000,000.

New York, Nov, 13. Messrs. S. E. Levy & Company's agents: Messrs. White, Weld & Co.

report, through their New York office states:

ing feeling here that inflation may now be attempted through the credit route within the Gold Stan- dard, or at least without further near term devaluation, are causing the weakness of gold shares. The weakness of the Canadian and Lon don markets was also a factor. We believe that further selling is likely but we would consider the present time as a favourable opportunity for investment, rather than for speculation in the leading stock in this group. Meanwhile, our reeling

is that the current rise in industrial

shares has gone about high enough in view of the outlook for bear- term carnings and we would not add to our holdings of these stocks until some reaction has occurred. Eusiness done: 1,540,000 shares.

Bonds: All grades of bonds are better.

Wheat: Further reports of frost from the wheat districts gave rise to additional short-covering. The market is otherwise unchanged. Total sales: 17,383,000 bushels,

see

BRIDGE MATCH

·ENDED ·

Tension Relaxed

1:

(Special Air Mall Service)

London, Oct. 26. Anyone who succeeded in being present at the end of the inter- national bridge match expecting to

strong stormy scenes, with psychic tem- pests waving across the table, must have been, disguested with what ba saw. It ended like a lark's song. You only know that it was not there. When the last game finish. ed Mr. Hughes's rather frigid man- ner slightly dissolved. He smiled an extended his hand sincerely on the American victory. Culbertson. congratulating him

friendly air he had carried through and Mr. Ingram with the same

men sobbing' ‘amid

to Mr.

the tensest moments of the matchi

who for the first time broke from shook hands with Mr. Lightner,

the brian study in which, he kept! himself, looked straight at ME. Ingram. smiled, and audibly, re- piled

你

The spectators--there were forwy of them allowed round this table in this drawing-room at the Dor- chester-gaid nothing till the play-` ers began to get up." An Inatten- Cottoh: The Liverpool market and the Trade are reported to be known that the long, long match Live spectator might not` have better buyers, while increasing

was over, lost and won. If it was' pressure of December liquidation is likely to offer fair buying oppor-ke a game than like bridge

not sacrilege to say so. It was more. tunities.

Rubber; Manufacturers' inven-

tories of cheap rubber are almost finished. The Industry should feel the effectiveness of the restrictions about the end of December. Technical fundimental conditions

re more sound and a construc- tive view is justified for the long Stocks: The recent disturbances pull. Consumption was moderate- within the Gold Bloc, plus the growly bullish Total sales: 377 lots.

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. 8. B. Levy & Co.

Sterling, New York-London Cotton: December

$4.95

$4.95

งง

11%

say

$14

54

H.K. Realis

|$410

#ind China Do

+137

Do Dabentu ca 5,

COMMODITIES

J94

Humphreys

$9.1

New Asia Hotel

+45

$14.

Asin Realties "A"N.

12v

Do.

""

4981

$00

Chinese Etatea

12.28

Cotton Mill#

Cotton: March

12.39

$10.16 Ewos .......

.S. 10.30

Silver: December

54.75

177

S'hai Cottonsfold,S.

$487

Do. [rew S.

$75

Silver: March

55.90

$46

$9.40

Zoong Sings.....

SUK: December

1211

$0.40

155

Wing On Textiles (S.)

Rubber: December

13.05

$42

Public Utilitšes

Rubber: March

13.39

Nov, 15

Nov. 16 Close Open 10.30 10.40" 10.50

4091 4991 4991 12.32 12.30 12.31 12.44 12.42 12.41 54.30 54.42 54.45 55.42 55.40 55.45

1208 12.97 12.92 12.03 13.27 13.23 13.20

$19.10

1/1/0

Tramsays.

$19

$14

Pusk Trims (ulf) ...

$19.15 13.

15

Wheat: December

101

100 1001

• Wheat: "May

1004

991

100

$7

v (new)...

Corn December

#07

Star Ferrion

Yaumati Ferries

122

Corn: May

Su

831

831

Winnipeg Wheat May

831}

- 821

Do.

18.76

$671

H.K. Electrics ......

STOCKS

*871

Macao do.

American Smelting

381

BY

301-

Auburn.....

251

251

$93.2

323 20

23.10

Consolidated gas of N..

231

231 2:2

224 221

Du Pont......

971

97. 97

-97

El. Bond and Share

81

General Motors

301

302

301 311 3.1

9

9

9

311

30%

301 31

282

241 23

212 211

212 211 210

18.91

$8.70

4/3

17/9

58.70

$21

$20

$2,85 x div.

$2

$2,00

!

431

China Lights (old)....bu

(now)... | #9.65

$9.85

Sandakan Lights... Telephones (old) Do. (new)

$13.20) Chins Buses......B.

Tractions

Do. (praf.).....

- Industriale

Malabon Bugara **** Caldbeck, (ord.) 8.

Macgregor (prof.)8.

Canton Ice $290 jec Cements

$

Bope.$2.80

Miscellaneous

Dairy Farms. 100..1]

Der A Winga..........

Amusementa ................

Ch. Etainments......

Constructions, (old)) $1.85

Do.

(new) 15 cts,

Lane Crawfords......

Macrinte........... Nanyang Tobacco....-| 34.6)

Sinceres

Watsons

Powells

AL. Greyhounds.

SO.Enterprises...$1.20

United 'heatras...8.

87. Ub.G. 19260.5Bd+. - £5j*%

H.K. Gort 4% Loans

Do. ·3%

Wallace Harper

$1.50

75 ola.

34

$10

$54

7u ota.

42

Wm,

B

гепа

perm 31%

IM

$71

$110

B.K Wing On Ho

Shui Do.

90.60

Vibro Pilong

AN AIR-RACE FAVOURITE

(Special Air Mall Service

I have flown many.

thousand

miles as a passenger in machines

"piloted by Gerrit J. Geysendorffer,

;ཟླ

1:ཀ ཎྜ རཱ 1 ། རྡོའ ིི དོན དོན

H

$6.90

Int. Tel. and Tel

Loew's Inc.

Montgomery W.

National Distillers NY. Central

Standard Oil Co. of NJ, U.S." Steel

[50 ot.

Dec

COMMODITIES PRICES

"New York, Nov. 15. New York Cotton

November 15

Closing Opening Closing

81 81 81

ពីឆ្នាំ៩គន្លឹះគឥឥតថ្មី៖

291 291 201 201 24 237

421 43 ·427 4.27 421 351. 251

35t 35+

May July Total sales:

1.23

ጎ

New York Sugar

Dec. 1,84 1.83 1.83 1.83 1,85 Mar. 1.74 1.73 1.74 1.73 1.74;

*1.76 .1.77 1.77 1.76 1.77

1.80 1.80 181

1.80 1.80 7,000 tons New York Suk

1.22) 1.22). 1.214 1.211 1.23 1.23 1.221 1.23 1.241 1.244 1.24 1.34

109 lots

Montreal Silver Dec. 54.45 54.35 54.65 54.75. 54,75 Mar, 55.80 55.50 55.50 65,80: 55.90

12.24 12.20 12.21. 12.28.12.28 Jan 12.31 12.28 12.27 12.33 12.33 | Dec. Mar. 12.36 12.31 13.33 12.39 12.39 Mar. 1.23 May 12.37 12,34 13.33 12.38 12.38 May 1.24

12.35 12.31 12,32 12.31 12.34 | Total sales: July Oct. 12.05 12.03 12.04TM 12.06 12.06

(1935) #108 Spot., 12.50 Stat $660

!

31%

S.E. Levy & Co.'s Cables

The following cables

were re

the Dutch airman, who must be celved last night by Messrs, B. E. counted as among the favourites | Levy and Colle

In the London-Melbourne air race. A short, stocky man, with a merry blue eye and ready smile, "Oeys" is a superlatively good pilot.

Once he was flying, Mr. Black the American. millionaire, and my self slong the North Italian coast when one of the three engines abruptly "died." It was a ques- tion of making a forced landing"

12.55

New York Rubber

Dec. 12.80 13.00 13.00 13.05 13.05 Jon 12.90 13.09 13.098 13.18 13.16 Mar. 13.11 13.30 13.32 13.38 13.39 May 13:28 13.51 13,53 13.55. 13.55 July 13.50s 13.70 13.70 13.77-13.77 Sept. 13.71 13.86 13.88 13.98 13.98 Total sales:

377 lots

Chicago Wheat

|

Hand-Holding

he said that he had never played Mr. Ely Culbertson admitted it;

a friendiler, pleasanter match. Was it different in the

United way. There was a sort of menace." States? Well, it was different in a

not as part of the game. but a

kind of atmosphere of menace was created. Things were harder over there. In further talk he said that, although the English had been great opponents and they had had a lot of bad weather and made some, he bad figured out from the beginning that his team would win by 9,000 (they won by 3,000),

The players were not badly fagged after their five-day test, but sat and talked as the morning Wore onl It was noticed that Mr. Hughes, who held his cards near his face in his two hands; the right at the top fingering the corners like spokes of a steering-wheel as though he would steer his cards to a wla, did not arrange his cards in suits. His idea, he explained. was that an opponent sometimes got a clue from where you drew your card when playing. He arranged them in order for play but not for defence. He and Mr. Ingram had played together in North London clubs for over twenty years. It was interesting to know that the West End does not have it all its own way in London bridge.

WHAT SCOTT SAID

At End Of Air Race

(Special 'Air Mall Fervied)

London, Oct. 26. When Mr. C. W. A. Scott stepp- ed out of the cockpit" of the Comet at Melbourne at the end of the great air race he made what will no doubt, be an his- toric remark-

"It's been a lousy trip-and that's praising it."

In company with the majority of British newspapers, we report. | ed the words as they were de- livered, but in the office of ́a great English newspaper the in- delicate expression, fourth from the left, was gently but firmly re- moved from the ranks. The line ther read-

"It's been a dreadful trip and

† May 56.10x 56.00 58.00s 56.40m 56,40x | that's praising it"

July 56.70m unquoted 50.85x°36.85x Total sales: 61 contracts

B-Bid. x-Nominal.

Nov. 13 Nov, 15 6.116.11 51.06 51,05

New York Metals

Copper, March Tin, March

..

99 991 987 987 991 93 931

101 101 1004.100₫ 951 951

Favourable factors prior to the opening of the markets: 1. The Dec. expansion of volume on rallies is May July construed as encouraging; 2 The view is growing that there are Wednesday's sales: 17,383,000 hopes of further improvement in general business; 3 The belleri, prevails that the major trend of | the market' will be upwaIAL.

bushels

Chicago Corn

Dec. 81 811 81 821821

827-83 824 831 84

LATE NIGHT CABLES

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

A.OF.C. New York Cables. Stocks:Further weakness in

In a "Lousie" Tradition: We have no idea where Mr. Bcolt picked up the word "that") came so glibly to his lips in the hour of triumph. It is quite possible that it was fixed in his mind at Baghdad, although he scarcely stopped long enough "for" the appropriate experience. Any- how, when he spoke, a long line of great men rose up to stand' be- hind his chosen, epithet. Here are a few-

Chaucer, Knox, Culpepper, Izaak Walton, Addison, Coventry Pat more. Goldsmith. Dryden, and Rudyard Kipling...

It is true these authorities used the expression... more or less in

Investment Securities

and Commodities

We offer you

"

Daily Quotation Service.

:

Every Facility for Trading through our

LONDON, NEW YORK, = "CHICAGO, SAN FRANCISCO, WINNIPEG, MONTREAL, SHANGHAI & MANILA

CORRESPONDENTS. -

Ame

merican

Asia Life Bldg.

Oriental Finance Corporation

14, Queen's, Rd., C

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 & 00, NEW YORK

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

Tel. 30101 and 30103

Tal. Address: Selce

?

NEW YORK STOCK EXCHANGE

THROUGH REUTERS

AMERICAN ORIENTAL FINANCE CORPORATION

AND S. E. LEVY & CO.

New York: November 18.

QUOTATIONS

*

Last Today'a High Low Close Clowe New York/London Cross-rate 4.4.99

4.99$ 4.9 New York Cotton—December 1489 11.20 12.21 12.28 New York Rubber-December 13.11 12.97 12.80 13 us

1ul Chicago Wheat -Deceluber. Chicago Corn December » 824 Montreal Silver -December 64.95

Bulver-Official

Dow Jones Averages, High 1933/34 Low: Nov, 14. Nov. 16.

Reduction

6.00 - Allied Chemiczì & Dye Su

American Radiator American Smelting

Canadian Pacific

Curtiss Wright

2.00 Du Pont de Nemours 3.00 Eastman Kodak

up Quiet

Change

04 up

25. up

18 up

But 81 Bzi

14 up

$150 54.45 64.75

3 up

— . 55), 042 |

| oft

Change

30 Industriais

11070

84.38 9, 42

9.7%

.30 up.

20 Buite

$6.94

32.56 38.27

38.36

48 ир

20. Utilities

37.73

le.80 183.

18.66

17 off

* Bonda

95.48

84.73 93.49 L

93.68

Os up

11 Commodity Index

€5.45

41.98 88.33

89.29

58 up

Div. $

1933/34

LAST SALE

S.

HIGH Low

Nov. 14, Nov. 16.

3.00 Air

47]

$110 $109

100

70

1341 135

4.00 American Can ...!..

LUTI

491

.105

1041

151

151

654

10%

37

381

9.00 American Tel, & Tel,

5.00 American Tobacco "B"

601

11

844.

100

34

1.00. American Waterworks

134

14

Anaconda Copper Mining.

*Z*

5

104 101

-Auburn

841

2+1

25

25+

Bendix Aviation

234

141

-15

1.60 Borden Company

18

243xd 243

J.. I Case

103

514

avt

20%

71

114

117

0.50 Caterpillar Co.

33

32jxd

323

1.40 Chase National Bank ... 1.00 Chrysler Motors 3.40. Consolidated Gas of N.Y.

24 bld 25 bid

LOT

But

36

361

64%

231 231

21

52

97

1031

1101

1091

100%

Electric, Auto-Lite Co. 6%. Electric Bond & Sbare...

25

261

318

"Electric Power and Light. 0.40 General Electric 3.60 General Foods 1.00 General Motors 1.00 Gillette Safety 1.20 Gold Dust

3+

104

19

101

301

10

331

341

201

301

301

10

141

"14

17

171

0.80 International Harvester · 0.10 International Nickel

278

37:37)

40%

13A

231

23

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

28

94

9

'*211.

104jxd

1061

991

301

31

200 Me Intyre Porcupine 100

Montgomery Ward

304

By

...431

402

50

281

291

35g

271

291

B08

314

21tbld 211bid

17

161

251

237

241

411

21

DB

147

∙141

141

14

913

31

4

1231

221

-570

407 :: 411

51

147

144xd

181

201

18

BL

92

·427xd 421

51

123

1054

United Air and Transport..... United Corporation

2.00 National Biscuit ... -100 | National City Bank 1.20 National Dairy Products National Distillers

N. Y. Central 0:60 Otis -Elevator 1:50 Pacific Gas & Electric Packard Motors

0.50 Pennsylvania Railway

Radio Corpn.

Sears Roobuck

10.-10° Socony-Vacuum Corpn. Southern Pacifio 1.00 Standard Brands

Standard Gas an

1.00 Standard Oil Co. of New

82 82 82 83 85% utility stocks on threatened Fede accordance with the rules of pure Jersey

Total sales: 19,984,000 bushels

An unfavourable factor was that May on a very unpleasant coastline. cautious profittaking continues to July

He had to select a tiny, rock-retard advances strewn patch of sandy beach near London Silver:- Spot-24-5/8, Ventimiglia, but brought us down down 1/8; Forward-24-3/4, down safely, correcting, with great skill

the terrific adds of the machine's wheels in the zoft sand, and

1/8.

Dec. 78 82 London Silver Comment:-China May. was a small seller. Market dull, ) July 831

Winnipeg Wheat 76 77 824 82 834894

ral Investigation. Balance of list fem, but not very active.... 79 79 Cotton-Trade and Continent 83 83 buying, selling-small hedges and 844 847 December liquidation.

definition; but we may turn to Sterne, who spoke of "a lousie sum of money. And our own Ro bert Louis Stevenson, who wrote of "a lowsey tune. Perhaps Mr. Scott should be taken at his word.

1:00 Texas Corporation 0.19 Trans-America 1.00 Union Carbide & Darbda 8.00. Union Pacific...

48.

ཊྛོདརཝོཝོnཙཔྤཀྰཔྤནྲྀདྷཔྤཡཐཱངྒཱདྷཝནཚནྣཨྰཿཝནཱཊྛིཊྛཔྤ༠རྡིཏྟཨྰཿཔྤཔྤཊིནཱབྷརཱརཱཝོཨཔྤཡཏྠཚོཝཀྐ༤། ཨཱཨོཛདུཏྟཱཏྟཱ