£11
£28 £14. #36
Fa
BUYERS
*H.K. Bank. $1450.
1925
#500
19
$2
#995
THE
Douglasca....
$23) Stormbonts ma
$70 3271
180
Indo-Chinas (ProL)....
361
24
Indo-Chinas (Def.Į............
$24
Carton Ins., `$235. HK. Fire Ins., $220. H.K. Docks, (Old), $19. H.K. Docks (New), $184. Providents (Old), $3.35. Providents (New), $3.30. Venz, Goldäeld, 33.
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers' Association
Buyers. Bellore Sales Momina SATURDAY.
$1450
404
斗战明
£88
"JUNE 25.
11
Banks
H.K. Banks
Do (London)............ Chartered Banks
225 Moronatilə Bks. "A" £13 Mercantile Bka. "C"
193
#51
→
Bank of East Alin ...
N. C. & 8. Banks ...........
Insurances
Canton Baurances..................... Union Insurancem va
$21 Underwritera vermessen
E. Fires HOM
Shipping
Buyers Bullers Sales Nominal
$1,460
KRE
H. K. STOCK EXCHANGE
SATURDAY'S OFFICIAL QUOTATIONS
There was a fair enquiry, for! shares during the short session. thase mest in demand being Humphreys. Watsons. Docks and Telephones. Business WIJ diff cult. Buyers and Sellers ideas be- ing rather too divergent.
FINANCE
NEW YORK STOCK EXCHANGE
1938
(Through Rautar's "Service)
QUOTATIONS
June 24
139 06
$0.00
(28,84. 9401 25.45
June 91, 1938 Higu Low Uluse Chang 13418 187 97 13194,
284 пр 39 up
20.13 $8.33
9063 20:17 2048
42 up
8052 unquoted
17 ag
·High Low Dow Jones Averages 134.98 8.96, 50 Industriala
39.77 19.00 – 20. Baile #90 1604 90 Utiliņas $2.7 8339 40 Bonds
34.99 45.09 1 Commodity Index" 49.17
Business Dona:-1,160,000 shares.
STOCKS
Last Sale
STOCKS
Last Bale
Adams Express
Alleghany Steel Co. 19
June 24 25 104 107 181
June 24 25
Allis Chalmers
...
461
Amez. Can
95
Amer. & For. Power Amer. & For, $7 pf. Amer. Locomotive...
31
19 19
86/10
Rballs......
86/101
8.50 Waterboats.......
$8.90
H. & S. Hotels. $8.40.. HK. Lands, 334).
Mining
14/8
Kailan...**
$14/6
Raube ......
191
Venezuela Gold F'lda
Providents (ald)
$19
#18
$6,40 | Bit
06.45
$14):
$1034
#81
Shanghai Lands S.
$5.40
FI.K. Romities
$3.10
89fets Hong Kong Mines......
Docks, WharYON,
Godowns, etc.
J123H,K: & K. Wharves... $199
Providenta (18W).......
H.K. & W. Docks.... $181
Do (new)
$108 Shanghai Docks 8. .... $3.90 Now Engineerings 8.
Lands, Hotels, and Buildings
H.K. Hotels...........................
H.K. Landa.....8. Do. 4% Debentures "
H.K. Lands 4% Deb.. $1021 Humphreys, $9.10.
HK. Realties, $5.40.
H.K. Tramways; $16.30.
Peak Trams (Old), $64.
13
Amer. Metals........ 33: Amer. Radiator ..... Amer. Rolling Mill ..... 101 Amer. Smelting
451 Ainer. Sugar Ring... 2 Amer. Tel. & ̈Tel... 140{
20
27
1403
China Lights (Old), $10.70.
$3.40
$3.30
Watsons, $6.10.
Cements, $161.
Dairy Farmas, $23)..
Marsmans' (Lon.), 14/5
Amer. Tobacco "B". 70! Amer. Waterworks... 01 Anaconda Copper ... 291 Atchison, T. & 8. T. Auburn Motors
79
31)
31"
Baltimore & Ohio Barber & Co.
61
18+
19
Barnsdüll Of
151 15t
17/
I
$108
-$4
Consol, Ch. Prov. (Old), $8.70. Consol. Ch. Prov. (New). 36.60 SELLERS
Bethlehem Steel
541
Boeing Airplane Co. 261 Borg-Warner
251 201
Brooklyn-Manhattan
$6.40
645
$34
SIOL
35.30
H. & S. Hotels, $81.
SALES
Trans
91
Brooklyn-Manhattan
HK: Docks (New), $18) ·
?
Humphreys....
Chinese Estates wit
Cotton Mill
$14 Ewos (8.)
H. & S. Hotels. $6.45.
H.K. Tramways, $17,
China Lights (Old): $10.70.
HK Electrics, $591.
$6 cum. pt.
Case. "J.I........
261
871
Canadian Pacifc....
Chesapeake & Ohio 284
Chrysler Corpn.......
541
$14.70
Macao Electrics. $18.10.
$75
Watsons, $6.20.
B'hai Cotton (8.) ..........."
$24
327
Zoong Sings (B
$49
$42
Wing On Textiles (8.)"
(Prices below In Phil. Currency)
Antamoks Ps... 42
Public Utities
$16.90
$16.95
$17
Atcks. 27)
$17
Columbia Gas & ET Columbia 8% "A" pf. 85 Commercial Credit... 341
11 11 Commercial Solvents Commonwealth & 5.-
401 6% cum pt.
"Tramways enjo
$81
Peak Trama (old)......
[Peak Trams (Daw).................
$84
Star Ferries
1.3
Yati Ferries C.B.
$21.84
Do.
$10.70
$10,70
139
$491. $18-10
+
Macsa Electrics
China Lighta (eld)
B.K. Electrics
Sandakan Lights.
(new)
$102
China Lights (now).....
$7.70
1091
$37
Telephones (cid).
248
Tractions
94 A
Tractions (praf.)
$9.20
Telephones (sew)..............
$164
38.60
**3+
150
$5.70
$14/5
va. th
Industrials
$14" Cald., Marg (Ord.) 8.
$14
Cald., Mecg. (Prat.) 8.
$1.70 Canton Tees
Cementa
#4.60 (Ropes
Consolidated
China Prov. (old).
China Prov. (new)......
Miscellaneous
Dairy Farmos
16 Ch. E'tairunanta
36,65
*Constructions (old)...........] -1}
Constructions (now)....
$8.70 Laus Crawfords.........
Nanyang Tobacco
$2.20 Sinceres
Watsons
68 CL.G.5% 19%G.$Bds.
6pm H.K. Govt, 4%-Loans'
3 pm H.K. Govt. 3% Loans $1024
H.K. Wing On....... *63 S'hai Wing Un..
TANJA
$51 Vibro Piling...........
Marsmans Lav. (Lon.)
$3/11 Maramana Inv. (H.K.)
70 eta Win Powell
LONDON EXCHANGE
:
::
:
::
ཨཙྪདྡྷི། ( 1འི 11:|:སྶ
::
$84
321
3322
Bagulo Gold, 21 Benguet Consol.. 9.90 Coco Grove. 451 Demonstrations, 27 San Mauricio, .43 .. Suyoc Consol., 161 United Paracales, 29
Consolidated Edison 254
Consolidated Oil
91 91
Continental Can
45
Continental or"" Corn. Products Curtiss Wright" (C.) 5.. 41 Curtiss Wright "A" 193 Distillers Corpn. Sea-
"grams
301
131 131
92/6
THE EXCHANGE Du Pont
Douglas Aircraft
481
113
118
MARKET
..
Eagle Picher· Lead, 101 Elec, Bond & Share 8f Elec. Bond & Share
$5 ...... Elec. Bond, & Share
$6. DI. introte
•
50
$236
38.10
$5
321
100
Gen Railway Signal 18 Gildden Co. ..... Goodrich (B.F.) Goodrich $5' pf....... Goodyear Tire & Co. 201 Great Northern Iron
Ore.....
MARKET
Great Northern Rly. 181 Great Western Sugar · 27 Greyhound
RATES
(British Wireless Service)
June, 22.
June 25
Pariz
177 15/16
Geneva
Berlin
21.50 12.30
Athens
Milan
04 3/16
21.601 12.31
947
Copenhagen
Stockholm
Shanghai
82
New York
Amsterdam
4.05 9.16 2.95
Vienna
Prague ......
142 9/18
1422
Helsingfors
2264
Bucharest
0721
Hùng Tony
Bombay
Montreal
5,001
Brussela
29.29
5.01 20,20+
Yokohama
Rio
10
201
י,
Sellers
Buenosaires,
Monte Video,
Sliver" (Forward)
Sliver (Spot) War Lond
18 11/10.
ON LONDON
18 15/16
36% 1014.
Closing Quotations
June 25, 1833.
Telegraphic Transfer... } vez Bank Bills, on demand! Oredita, ́4 months! right – 1/3)
ON SHASAL
On demand”.
ON SINGAPORE:-
On demand
JAPAN:-
On demand
INDIA
Toregraphic Transfer..
160. nom.
531
4406-13/18
8.951
Or Naw Yok!--
18-9/18 19
$16,30
MESSRS. ROZA BROS.
Silver prices rose 1/16 yesterday
for both deliveries, the quotations being to for Ready and 18 13/16
tor Forward. Silver advices re- ported Speculators AS haying a. sruall extent. The bought to
steady. American market was
Silver was quoted at 42 3/4 for Spot.
The London/New York cross-rate was quoted at 498.12 New York! 6IX London was quoted at 496.5/10
$5
Steady.
STERLING
The market opened with sellers
at 1 2 15/16 June/September re-
Gen. Electric Gen. Motors
70 ct.sulting in some business at 1/2 SCULPTOR TURNS
Bank Bilg`on demand 301 ..... Credita, éd days” sight 312 Ox Bay
651
!
On demand UN PARINT
Bank Bills, on demand 1,095 Credits, 4 months" sight 1,160 ON SAIGON
On demand ON MANILA-
On demand
On Bandzor
V
31/32 for Cash and 1/2 15/16 Octo-
market closed ber. The sellers at 1/2 31/32 Cash and 1/2
With FACTORY
15/16 June/October. buyers at 1/3 MANAGER
| Cash/July and probably 1/2 31/32
August.
U.S. DOLLARS Sellers at 30 15/16 Cash and 30 7/8 June/August, buyers at 31 Cash/July and 31 15/16 August September.
SHANGHAI DOLLARS 186 1/2 Nominal.
SHANGHAI MARKET
Nominal.
PHILIPPINE
MINING NEWS
GOLD STREAM Mining. Com- pany. Inc. reports that new Cevelopment workings were opened with encouraging findings.
The major activities of the com-
Harvard-trained Chinese sculp- tor Teng Kwel, whose works häve been exhibited in various American museums, has turned factory manager, out of patriotism to his country. He is now in Hankow supervising the work of hundreds of refugees who are making socks, fans, straw sandals and towels for Chinese soldiers at the front
SHARE MARKET REVIEW
MARKET SLIGHTLY
FIRMER
BY C. A... RICKETT
Member-Secretary
Hong Kong Sharebrokers' Assen.
SPOT
JULY-SEPTEMBER
OCTOBER-DECEMBER
214
221
23
23+
23 231
up f 231 237 up #
Steady conditions prevalling in London and New York were" responsible for the market opening 1/2 of a cent higher for all de-
liveries.
Throughout the session the market displayed a very steady un- dertone. Good demand from consuming countries for spot Rubber influenced fair buying of forward options for trade and speculative accounts. Prodt-taking and Iquidation, particularly of July-Sep- tember positions, was easily absorbed.
Conditions generally: nave been Subsequently prices registered a further alight advance of 1/8 steadier during the week under cent, the market closing with a steady under-tone. review;
Although the demand Well informed quarters in London are of opinion, that the mar Mr. Teng, who sometime ago has not by any means been eften-ket is likely to maintain the higher prior-level having successfully taught art in Yenching University.sive, there were enquiries for at-resisted all attempt to bring it down due to good trade and an American institution in Peiping, most all stocks, and, conversely to speculative demand. envisages in his present work an the previous week's market, acllers Interesting experiment which, if in their turn displayed a reluc
tance to part with shares successfully carried out, will go a
The
long way toward rehabilitating result has been a slight all round
ВРОТ China's thousands of helpless war improvement in prices.
Turning attention to fast year's OCT-DEC refugees.
The project of which Mr. Tent most listed stocks give a yield of
dividends it can be noted that JAN. MAR.
in charge and upon which he is expending his entire from Ave to seven per cent
now
оп
LONDON RUBBER
Previous close...
Today's close
buyers sellers buyers
6-11/18 6-13/16
6-7/8 6-15/10 ..."6-15/16, 7
NEW YORK COTTON
sellers change CLOSED
Lower Liverpool cables and moderate Liverpool and Bombay sel-
week-end liquidation, Prices, however, later advanced on Trade
pany will be concentrated to the efforts, comes under the New Life present market values and it casting caused an early decline, which was further accentuated by some drilling is being employed in block. issimo Chiang Kai-shek is the fare disinclined to part with shares buying and covering by shurts together with the steady; tone of Marikit vein. On this vein, hand Movement Association General-readily be understood why holders
chairman of the association.
ing out the vein system bems too remote from the compressor.
REFUGEE WORKERS On the Klamun" vein,"two "jack-
The refuged workers, mainly wo- hammers are used, and another Jackhammer is operating in the men and girls in their teens, work drain, tunnel, that on
the main two improvised factories which were once schools. They receive face while operations in the drifts
from 20 to 30 cents a day, which, were temporarily suspended
I no francial difficulties will be met in the near future regard ing the operation and development of the two velns, it is expected that the approximate P1,000,000 MOULIN
while insignificant in amount, re- present their net earnings, as their lodging and meals are provided for
at these prices.
On the other
NEW YORK RUBBER
hand the market continue to be securities and a return of showery, weather over the Belt. overshadowed by the threat of in- vasion in South China and · in- commit
vestors are hesitant to themselves too heavily. The turn-
over" has, therefore, been very limited and business continues on in restricted scale::
BANKS IMPROVE Hong Kong Banks improved front we có 1457 Unton In- According to Mr. Teng's plan,surance shares were wanted (at
by local charity greens.
Closed.
CHICAGO WHEAT
After early easiness, prices rallied on the strength of securities and on general buying, as well as on reports of rain. In the South- West. The lightness of hedge-pressure and, a moderate amount of foreign demand aided bullish sentiment.
at
$34 and
of possible ore, about one third of the experiment will be shortly ex- $405 and could be obtained at ere arm with buyers at 8101 and [in for enquiry which can only be considered, and tended to other cities. In addition $500. Electrics Advanced $3 and an absence of sellers. Providents Wharve. at $123. Humphreys were may possibly converted into posi- to the things now being produced, changed hands at $60. Hong ro had buyers a $3.45, Dairy arm at 29.
109
614
Bank Buying Rate...
1498
tive probable and possible ore of the refugees will be instructed to Kong Docks (o) came in for en-Farms at 23 and Hotels at $0.45 Gold Mining stocks remain quiet.
and quiry and were wanted at $19. with sellers at $6).·' one, and a half to P2,000,000 before make under-shirta gauze
Realties and fan to attract Hong Kong 1/2-1/16 the end of the year Ore blocking absorbent cotton, 211 for consump Trams were offering at $17 with changed hands at 35 and were speculators Market closed slight
is progressing in the mines.
tion by the Chinese troups
buyers at $16.90- China Lights (0) -wanted as this price. Lands camely easier.
On demand .... Sovereign Notar.
52;
153
39
351
20
15
43.
12)
10. Corpn
¤ ¤ ¤ × ~ ¤ × ¤ ¤ a ¤ ¤ ¤ ¤ ££***;**** ~ ****¤ ̃9#7 ******** ***** • *fe:¤¤evä sän¤
Hecker Products
71
.71
InL. Nickel
471
49
47)
95.
Int. Tel. & Tel. .....
93
101
Kennecott Copper... 36)
371
37
Libbey Owens- Ford
20+
20.
Glass
343
35)
Lockheed Aircraft
121
121
341
Loew's Inc.
481
491
131
Martin, Glen L
231
231
MONDAY, JUNE 27, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
MEMBERS :
New York Cotton Exchange
"NY. Coffee & Sugar Exchange Inc.
Commodity Exchange Inc. NY.
Telephone Numbers: 26631, 26632, 28633,
New York Commodity
Market
McKesson &
Rob-
473
bins. $3 pl.
301
297
Monsanto Chemical 861
881
10+
301
324
3
Montgomery Ward.. 381 Nat Dairy Products' 141 Nat Distillers..... 21:4 Nat Power & Light | 61 Nat. Supply Corpn. 181 New York Central 142
401
(THROUGH REUTER'S SERVICE)
147
New York: June 25,
211
Last Today's
7
High Low Close
Close
Change
20
151
61
North America Co. 201.
211
Northern Pacific
101
10
Pacific Gas & Elec
271
Now York Cotton-Jaly. New York Rubber-July. Chicago Wheat Anduly, Chicago Corn ---July. Winnipeg Whost ~July.
8.78
BUS. 8.73
9.75
.03 up
13.96
glowod
ZA
751 371 071071 107 104 105
772
I up
57
unch.
100%
it up
281
581 261
Pacific Lighting
394
391
Packard Motors .......
41
41
274*
Paramount Pictures 91 Pennsylvania RR.... Phillips Petroleum... 381 Public Service of N.J. 29 Pure Oil... ....... 102
.. '91
18
181
391
July
NEW YORK COTTON
Close ....8.72/72
Opening
Closing
Change
8.67/66
8.75/75- .03 up
301
October
8.71/72
8.64/65
8.78/78
.05 up
11
December
8.78/78
8.71/71
8.83/83
-.05 up
921
62
281
Radio Corpn. of Am. Republic Steel...... Reynold Tobac. "B" 404
61
61
January (1939)
... 879 N
.8.73/73
8.84/84
-05
up
177
182
March
)
8.84/84
8.79/78
8.88/88
.04 up
41
May
C
)...
571
Schenley
171
17
Spot
....8.80 N 8.82
8.81/81.
8.93/93
.07 up
8.85
1:03 up
.77
Schenley 54% DI.
$7
66 *
The First Notice Day for July Cotton Is June, 28 with delivery,
63"
Seara Roebuck
641
.65
date July 5.
354
Shell Union Oil
143
15
NEW YORK RUBBER
Socony-Vacuum Of
141
15
'40"
26
Southern Pacific Southern Rly $5 ptd. Standard Brands
141
15
July
13.90/96
CLOSED
-
141
-15
September
14.12/13
額
December
14.22/23
Stand Gas & Elec.
37.
37
March
.... 14.37/37
481
Standard Our N.
51f
521
May
14.45/45
30%
881
Stone & Webster....
Swift International 26 Technicolor
87
9.
Sales for the day:
281
CHICAGO WHEAT
231
233
201
Texas Gulf Sulphur, 33) 20th Cent. Pox. Films 231
do.
323
July
753/751
751/751
237
September
763/781
761/761
December
Films pf.... 31
301
781/781
775/771 ".781/78) 80 /791
1 up 14 "up
1 up
471
Union Carbide &
Friday's Sales:
22,578,000 bushels.
101
87
Carbon Union Pacific United Aircraft
771
791
T
781
July...
281
274
United Airlines Trans 87
81
September
CHICAGO CORN 571/571 571/57+ 587/59
59. /59
571/571 59/594
unch
up
December
49 *
United Corpn. ........
3
31
.... 5817581
581/581
up
United "Corpn.
$3
52
cum, pf....******
28
281
July
WINNIPEG WHEAT 1057/1051
105/105
1083/107
Hup
172
United Gas Corpe. 34
-37.
October...
... 851/ 852
851 251
871/ 871
11 up
40
38
Un, Gas Tprovem't 10 US. Rubber
101
December
827/.821
841/841
11 up
32
321
NEW YORK STRAITS TIN
197
US. Rubber pf.
711
731
201
US. Steel........
521
544
September
42.10 N
Closed
16
Vanadium
r
18
NY Silver, Official .......
42-3/4
42.
..21A
Warner Bros. Pict. Westinghouse
51
5
|NY/L'don Cross Rate... 4.98-5/16
unquoted 4.96-3/16
Elec. 891
94
Woodward Iron Cor. 154
157
12
191
27.
Chase National Bk. 297* National City Bank 247* Call Money ...........
301*
252*
1/
1%
101
: ex. div.
- bid.
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
JUNE 24TH. JUNE 25TH. buscru sellers buyers sellers change
22 *221 221 up 1 22.