PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers' Association
..
FINANCE
R.
K. STOCK EXCHANGE
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)" QUOTATIONS
SATURDAY, JUNE 25, 1938.
New York Commodity
Market
thayers Sellers
Howlan
FRIDAY. JUNE 24.
Buyers Sellary Halos Nominat
1230
:
18
932
160
!
$123
#3 35
53 45
FEL
$.30
$187
$IM
(w)...
$10
$6.47 142 $109
$1.35
|6.45/10}
Canton Insurances...................
31 Union Insurances .................
$adorwriters.
20 H.K. Firsa kontena
Shipping
Douglasen
Staambiunta.
Indo-Chins (Pref.)...
384 Indo-China (Duf.),
$86/3 Sholla
18.90 Watarboate
14/8 Kailans
BUT
Mining
Raubs LEIZKOTASUN Venesuela Gold Fidi.
Địch. Hong Kong kh
Docks. Whereas,
Godowns, ets.
H.K. & X. Wharves.....
Providants (old)......... $3.40
Providents (new),
H.K. & W, Docks,
Do
Shanghai Docks 8.
83.0 New Engineerings 8.
Lands, Hotels, and
Buildings
H.K. Hoteis.
HK: Landa..........
#1430
|914570)|
£371
Elf
Chartered Banks....
£115
B48
Marcantile Bk. "1"
13
Mercantils Bk "O"
£18 £14
190
Bank of East Asia ....
N. C. & 8. Banks.....
Insurances
$86 #2
1235
$300 52
+
3925
$75
$89+
Banks
Do: (London)....
STOCKS
Amer. Locomotive ...
Amer. Metals .........
Amer. Radiator
Amer. Bolling Mill... 18
1 i
Amer. Smelting......
Amer. Sugar Ring ...
Amer, Tel. & Tel.
22:
Amer. Tobacco "B" 773 Amer. Waterworks ... Anaconda Copper ...
Atchison. T. & 8. Fe.
LLST
YESTERDAY'S"
OFFICIAL
QUOTATIONS
As noted in the last few days' re- porta, the market has been fairly $1,460 ctive and pa balance there is a stight appreciation in arices in favour of holders. For the time being buyers, are probably satis- fled, pending a period of digestion. Sellers, in view of the recent rise. may pursue a patient policy and refuse to offer shares preferring to hold until buyers again become more in evidence. Closing tone. quiet, but steady.
StI 124
66/3
$5,90
$14/8
BUSINESS DONE DURING THE WEEK
H.K. Bank, $1440, $1437). Canton Insurance. $230. Wharves, $122). $122, $121. Docks (Old), $171, $181. Docks, (New), $18.
Providents (Old), $3.20, $3.45. Providents (New), $2.90, $2.95.
$3.15, $31. $3.35.
1938
High Low Dow Jones Averages 124.95 58.95 30 IndustriaİN
32.77 19.00 20. Baile
183.99 12.16
$5.56.
June 21, 1938, June 23. Higa Low. Ulose Chang
129.49 138.71 197.40–3.41' up 21.00 23.06 24,10 214 up .16 up 20.01 20.15 aasi
34.30 .7 p. 49.70 .36 ap
29.90 15,14 20 Utilities
98.70 83.38 40 Bonds
30.34
54.92 43.09 11 Commulity Idea 43.34
Adams Express Alleghany Steel Co. "18) Allis Chalmers ......... Amer. Can....... "Amer. & For. Power Amer. & For. $T pl.
Businesa Dono:—2,100,(ka) abares,
477
(THROUGH REUTER'S SERVICE)
New York: June 23.
可
New York Cotton-July New York Rubber-July.
High Low Close
8.58* 8.67
8.71 8.47
13.83 15.13 13.30 13.60
Las Today's.
Close
Changt
09 up
30 up
Last Bale
STOCKS
Last Bala
Chicago Wheat --July. Ubicago Corn July. Winnipeg Whost July.
77 750 751 371
57 $767 109 107 108 107
1/4 off
unch. 1/% off
June 22 23
93 10
June 22 23
Hecker Producta
7
7k
IS
Int. Nickel
48.
NEW YORK COTTON
448 96
451
int. Tel & Tel.
મ
:
7
Close
983
Kennecott Copper... 351
354
July
8.58/58
Opening Closing 8.53/54 8.67/67
Change
.09 up
31
37
Libbey, Owens-"Ford
October
8.58/59
8.54/53
8.67/63
.09 up
20-
21
Glass
33)
35
December
8.64/64
8.50/59
8.71/72
07 up
178
184
:
Lockheed Aircraft
12
117
January (1939)
8.65 N
8.59/59
8.72/72
.OT up
321
331
Loew's Inc.
46]
47;
March { }
8.70770
8.64/65
8.75/76
.05 up
121
13
Martin, Glen L.
2231
231
May
{
8.73/73
19
McKesson &
Rob-
3,67/67 8.78/78
.05 up
$21
44
bins, $3 pf..
291
304
Spot.....
1.68
8.77
09 up
2511
271
Monsanto Chemical 85
85
138
1401
Montgomery Ward... 361
381
The First Notice Day for July Cotton is June, 28 with delivery date July 5.
771
Na Dairy Products 14
142
NEW YORK RUBBER
91
101
Nat. Distillers ........
191
201
July.....
13.30/30 19.40/48 13.60/61
.30. up
271
29
Nat. Power & Light 1 17 7
September
291
311
Nat Supply Corpn. 171
181
December
13.47/48 11.60/64. 13.70/87
13.60/55
13.76/76
.29 up
13.88/89
28 up
Providents Consol. (Old). $8.40,) Auburn Motors
31
31
New York Central.
131
147
March
3124
$3.30
$18
17
#:
$6.90. Providents Consol. (New, $5.80,
$5.90, 38.30, $6. $6.70.
Baltimore & Ohio...
51
62
North America Co. 201
214
Barber -&-Co.
171
18 "
Northern Pacine
May...
13.75/75 13.84/85
14.00/00 14.08b/100
25 up
24 up
91
91
Barnsdall Of
15
15
Pacific Gas & Elec
277
281
Sales for the day:
6,350 tons
Hotels, $6.30, $6:45. $81, $6.45. Lands $33, $331.
Bethlehem Steel
501
53
Pacifc Lighting ...
39)
39+
Boeing Airplane Co.
251
26
Packard Motors
{
43
July
CHICAGO WHEAT 751/753
$108
24
China
151
$34)
Do.. 1
Debentures
8101
18 Shanghai Lands 8.
It.K. Realtios
$5.30
Humphreys
$8.80
Vy
Chinese Estazol
Humphreys, $9.
Tramways, $16.85. $16.90. Sİ7.
Star Ferries. $84.
Lights
$10.40. $10).
roid),
Electrics. $59, $59, $80.
Macdo Electrics, $174, $18.20. Dairy Farms, $23.,
Watsons, $, $8.20, $6j.
Entertainments, $8).
Borg-Warner
231
25
Paramount Pictures
DI
91
September
76 /751 -771/771
750/754 ¦ 761/761
or off
Brooklyn-Manhattan
Pennsylvania R.R....
171
173
December
781/783
781/78)
Trans.
94
Phillips Petroleum ...
37
* 381
$10.35, Brooklyn-Manhattan
Public Service of N.J.
29!
Wednesday's Sales:
27,378,000 bushels
294
$8 cum, pf.
28
27
Pure O....
101
103
CHICAGO CORN
Case. JI
*73
87
Radio Corpn. of Am.
B
61
July
Canadian Pacific
6
意
Republic Steel
151
16
Chesapeake & Ohio 251
281
Chrysler, Corpn."
431
522
Reynold Tobac, "B" Schenley
39)
400
... ş September December
571/572
571/571
574/571
unch.
581/581
582/581
581/581
up
....573/572
581/581
I up
18
167
WINNIPEG WHEAT
Columbia Gas & El.
7
Ti Schenley 51% a.
65
654
Cotton Mills
Columbia 6", "A" pt.
63}
64
Sears Roebuck
61:
631
July
108 /1081 1081/108.
107/107
off
814.70
$14.40 Ewon (S.)
$754
$38'hai Cotions (5) ...........
(3.15 p.m.) CLOSING QUOTATIONS
Commercial Credit... 33
337
Shell Union Oll
14+
147
October
881 867
861/881
851/ 851
i on
324
327
Zoong Sings (8.).......
142
No Changes.
Commercial Solvents Commonwealth & 8.
11
18
50cony-Vacuum Oil
141
147
December
837/ 84
831/ 831
* on
Southern Pacific
13
14
$42
Wing On Textiles (8.)
6% cum pt.
42
10.
Southern Bly $5 pfd.
13
131
September
Public Utilities
$16,90
Tramways.
$6
Peak Trama (old).................
$18.90 $17.10 $6.95)
201
$32
Fesk Trams (DOW)..
$94
Star Farris
Y'mati Ferrice C.B.S
$218
$10.ch
$18
Do. (new) China Lights (old)...... China Lights (new)..... 1. K. Electrics.... Macao Electrics.........
$22. 34.
$10.70
$7.80
SBEL 560
19)
Sandakan Lighta .......................
$27
Telephouse (old).................
$10
88
Telaplanes (Dew)......
827
22/6
24/8
Traction
246
Tractions (pre.)
Industrials
$14
Cald, Macg (rd) B.
$14
Cald., Muog. (Prof.) 8.
$1.10
Canton ice
$1.60
#16 30
$4.60
$6.70 $6.80
$8.00
Cements .........................
$16,90
Ropes
942
Consolidated
China Prov. (old)........ China Prov, new)................
~Miscellaneous
THE EXCHANGE Continental Can
MARKET
Douglas Aircraft 45) 453 Du Pont
107 1101 101104
Eagle Picher Lead Elec. Bend & Share Elec. Bond & Share
MESSRS. ROZA BROS.
The price for Ready Silver was unchanged yesterday at 18 15/16 but the Forward rate rose 1/16 to 18 3/4. Gilver advices reported speculators as having bought The market was steady. American S11- yer was quoted at 42 3/4 for Spot Elec. Bond & Share
The London-New York cross-
$6 pf. rate was quoted at 495.87. New Flintote York-London was quoted at 496. Gen. Electric
Consolidated Edison 26, Consolidated. Oil
261
Standard Brands
72
NY Silver, Official
NEW YORK STRAITS TIN
.: 42.40 N 41.95b/42558 42.55 N
42-3/4
42-3/4
91
91
Stand Gas & Elec.
41
NY/L'don Gross Rate... 4.95-9/18
|| 4.96-1/4-
43
44A
Standard Oll ot
50
501
Continental Oli
30
LI
31.
Stone Webster
9
it
Corn. Products Curtiss Wright (C) 41 Curtiss Wright "A" 157 Distillers Corpn. Sea-
grams
67} 671
Swit
International 257
261
Technicolor
231
231
20
13
131
.
Texas Gulf Sulphur 321 20th Cent. Fox. Films 221
do.
Films pf.... Union Carbide
321
23
30.
302
Carbon
721
75
31 81
Union Pacific .............. United Aircraft
68
75 co
27
271
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER-
JUNE 22ND. JUNE 23RD.:
buyers sellera buyers sellers change
United Airlines Trans
8
31
#
8 POT
21 214
214 211 up t
$5 f
49
49 *
United Corpn.
31
31
JULY-SEPTEMBER
211
217
211 221
קם
United Corpn. $3
OCTOBER-DECEMBER
54
55
cum. pr.
281
28
....... 22
221
221 221
up
18]
181
United Gas Corpn. 4
4)
.......
378
382+
Un. Gas Tprovem't '10
10
1/4,
יו
Gen MotoES
331
35
US. Rubber
304
32
Quiet.
$6
411
Dairy Farms...... Ch. E'tainment......... Constructions (old).......
$23
MARKET
STERLING
Gen, Railway Signal
181
184
U.S. Rubber pi.......
891
721
Glidden Co.
191
197
U.S. Steel
48
507
-360)
Goodrich (B.F.) ...... Goodrich $5 pt.
141
15
Vanadium
181
171
38)
411
Warner Bros. Pict.... 52
51
014
20
201
Westinghome. Elec. 832
871
Constructions (new)........
4.20/25
18.70 Lane Crawfords 18.10
11.YO Sinceres
Watsons ............ 65. Cb.G.5%19250.8Bda
pH.K. Govt 1% Loans
Nanyang Tobacco.......
$5
$23
$8.10 $61
64%
Ore Great Northern Rly. 17 Great Western Sugar 27 Greyhound Corpn. 101
12 181 27
Woodward Iron Gor. "14 Chase National Bk. 291* National City Bank 241* Call Money
16
30.
25*
'',
1%
101
108
MAH.K. Govt. 31% Loans
$109
i ex. div.
• bid.
$50.
H.K. Wing Of........
363
S'hai Wing On.
101
Previous close
Today's close
Vibro Filing....
$15/14 Maramana Inv. (Lon.)
3/11 Matamana lov. (H.K.)
70 ats Wm. Powells
180 съх
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm Shanghai New York
Amsterdam
Vienna
12.301
No business was reported. There were sellers at 1/2 15/16 June- Goodyear Tire & Co. September and 1/2 29/32 October-Great Northern Iron November buyers at 1/2 31/32 Cash-August and 1/2 15/18 Octo- ber-November.
U.S. DOLLARS There were sellers at 30" 7/8 June-August and 30 13/16 Septem- ber-October, buyers at 30 15/16 Cash-August and 30 7/8 Septem- ber-October.
SHANGHAI DOLLARS
Nominal.
SHANGHAI MARKET
Nominal
IN THE AFTERNOON
market was quiet in the
afternoon.
STERLING
The market closed with sellers
U.S. DOLLARS
MOTOR NOTES FROM GREAT BRITAIN
Influenced by improved conditions prevailing in London and New York the Market openei 4 of a cent higher for all deliveries as com- pared with Wednesday's closing quotations.
Shortly after the opening the tone of the market was uncertain. | although demand for physical Rubber from consuming countries was fair. In view of this fact, however. both dealers and speculators, later in the session, turned heavy buyers and assisted by short- covering easily absorbed all liquidation, particularly of July-Sep- tember positions, whilst prices gradually advanced by 1/4 cent. Due | to the reserved attitude of sellers early in the afternoon it was dif-
Acult to arrange business except at a premium over quoted rates.' However, towards the close of the session the market became slight- ly easier, elcsing with a quiet undertone.
U.S.A. IMPORTSPOT
FEWER
OCT.-DEC..... JAN-MARCH....
LONDON RUBBER
buyers sellers · buyers sellers
8-9/15
8-5/16 6-3/8
8-7/18 6-9/16
6-1/2 6-5/8
change 6-5/8 up 1/4
6-3/4 6-13/18 up 5/18
6-13/16 6-7/8 up 5/18
Market Arm on good general demand and generally cheerful.
JAPANESE GOODS sentiment.
Japanese foods have been boy-
J:
NEW YORK COTTON
After an early decline on lower foreign advices and on selling
catted in many parts of the world. orders from the foreign markets, prices later rallied on increased The United States is one of the outside Interst and continued activity on the textile market together principal boycotting countries. with a good Trade demand and the greatly-improved tone of the
This is shown in figures just stock-exchange. made public at Geneva by the Ras-
NEW YORK RUBBER
semblement Universal Institution. Sentiment was bright early in the sesstor and the market advan- According to these statistics, Jap-|ced on higher London cables and on good general demand. Later nese exports to the United States the advance was accelerated by buying by manufacturers and good have declined continually, being 28 absorption of all offerings at high prices.
cent. less in December 1937;
BUDGET BURDENS
The additional tax of a penny gallon on petrol and oil-under at 1/2 15/16 June-September and the Budget means a burden 1/2 29/32. October-November. buy-British industry of many hundreds ers at 1/2 31/32 Cash-August and of thousands of pounds a year, ac 1/2 15/18 October-November. cording to Mr. Sydney Guy, the well known commercial vehicle *** Sellers at 30 7/8 June-August manufacturer, and 30 13/16 September-October.
hundreds of commercial and 25 per cent. less in January; buyers at 30 15/16 Cash/August]
February. private vehicles and, if the aver- and 52 per cent. less and 30 7/8 September/October.
age annual mileage of a fleet is Although no figures are given for SHANGHAI DOLLARS
only four million miles, this" means | Asiatic imports of Japanese goods, 167 Nom.
that the operating concern will is reported that they have de- haye to find an extra £1,000, creased" corsiderably despite native In many cases the additional preference for Japanese goods be- tax will cost individual concerns cause of their low price.(Even- many times this armount. .......... ing Standard)
(British Wireless Barvine)
June 20
June 22.
The
177 15/16
177 15/16
21.634
21.561 12.30
94 7/16
94 3/16
8-id.
31
4.98 9/18
8.951
4.05 9/16 8.95
Prague...
1421
142 9/18
Helsingfors
2261
Bucharest
8724
Hong Kong
Bombay
Montreal
5.004
20.201
5.002 20.29
19001
19
201
18
18 3/18
Brussels
Yokohama
Sellers
Buenosaires
Monte Video
Rio
ailver (Forward)
Bliver (Spot) War Loan
ON LONDON:-
31% 101 13/18
Closing Quotations
June 21, 1938.
felegraphic Transfer... 11/5 Bank Bills on demand! 27/22 Credits, 4 months' sight 1/3-3/32
ON BELAN
On demand
ON NEW YORK: —
18 11/18.
18 15/10
34% 1012.
Bank Bills, on demand" 20-11/18
·Credita, 60 days' night 31-3/16 ON-BATAVIA
On demand
|}-Ow-PARIS!=""
Bank Bills, on demand 1,095 Credits, 4 months' sight - 1,180
and
ON MANILA! ***?
Oa.demand
150
ON SAIGON
ON SINGAPOR!
On demand.
On demand.
536
ON JAPAN 2009
Odernand
108
OU INDIASSIONED CUSTO
Park ne demand (926/18
Telegraphio Transfer.ac.
DI BAND COL
1081
On demand. 149 Boreceign Hote
Bank Buying' Rats/1/2/1/8#
18-18/18
AUSTRIAN LOAN
DISCUSSIONS
London, June 24.
FI
Many industrial concerns operate per
MOTOR CYCLISTS SCORE
Motor cyclists are, not so badly'
The preliminary exchange of hit by the Budget. for the extra
tion.(Transocean).
اره
יון
FOR POLICE DUTY
CHICAGO WHEAT ·
Better. Liverpool and other foreign market advices caused a higher opening, but prices thereafter declined on favourable wea- ther. hedge-selling and selling by Western interests.
PHILIPPINE MINING NEWS
NORTH CAMARINES Gold Min-
ing Company advanced a total of ment
"At Shaft 531. hoisting equip".
some was installed, and 920.50 feet of development work progress was made at Level 0-13 to the and Level 87. At Level 0-13 the The most popular machine during May. according views between Dr. Wicht, leader of penny a gailon on petrol amounts the Square Fous, a mount cost monthly report of D. Spaulding,529 vein was cut. Values assayed the German delegation, and Sir to very little. In the case of a ing very nearly £100. Orders for general superintendent. Thirty feet P160.53 over a width of 22 inches. Frederick Leith-Ross on the pro- model doing over 100 miles to the this model are reported to be 61 of ore average P54.03 over 37 A ̈considerable amount of drifting gramme for the coming negotia-gallon, the extra taxation on an per cent higher than last year.
Inches, the report, states.
should be completed at both lower tions with respect to the Austrian andal mileage of 6,000 works out
“At Balome shaft little work was levels by the end of June. loans, was continued yesterday, at only 58,
concentrated on operating deve- "The main ore pass was well So far no definite date has been
A medium weight motor cycle The Lincolnshire "Constabulary. lopment. As of the month of started. The advance was 23.50 fixed for opening of the negotia-covering 4800 miles in a year at, which has used Triumphs for April activities were concentrated feet.
say. 80 miles per gallon pay several years past for patrol pur on the main haulage way to £25/-in petrol tax, exactly the poses, has placed further orders Syndicato. Six days were lost due "During the last two months little operating development has the same as its Bond Fax.
with the manufacturers. On this to mechanical trouble. A BUSY FACTORY........ occasion they have chosen side- A total of 387 feet was driven. been accomplished. The two lower Berlin, June 24.Although the first period of this valve machines of larger capacity Barring unforseen difficulties this levels. Level 013 and Level 87- Reichsmark was quoted, year was not very favourable for than previously namely the 600 haulage way should be completed makes possible the development of the three main veins at Syndicato by the end of August, the motor cycle business accord-model
"One entirely new vein. Vein 668 from two levels concurrently. ing to the registration returns, at It may be remembered that a
"Construction progress was nor least one Arm, the Ariel Co. of short while ago a fest of machines was intersected during the month. Birmingham, are working over of this type was supplied to the Values averaged P20.65 over 27 mal. The power house extension time. Their output during recent Navy for Police duty by the Royal inches. Early development has was completed and the second months has equalled that of the Marines in Singapore, following been planned from Level 0113] Diesel foundation finished. EXECS same period last year, although upon a successful & months' test approximately 363 feet above Level vation on the mill site is now.
of a machine of this pattern. 1938 prices are higher.
<REICHSMARE. QUOTATION:
The without guarantee, at:
New-York, 40.29.
Paris, 1447.p
Amsterdam, :72.75.
London, 12.20. han bare Paris-Sterling, 177.00 to 177.04 Paris US Dollar,2591-- - (Transocean),
250
progress,