13
Insurances
$240
$135
Chalon Insur LOCUL
$605
km Insurnaces d
$500
3/4
י.
58
Underwriters
MARKET
$22). (H.K. Fires
1920
Stagnant.
Shipping
$75
Doug DOS...
STERLING
#31
180
134
$1/10
Shells
$1
Swimbaṇḍā ga
Indo-China (Pref.).
Indo-Chinas (Del.).
Waterboste
$20
801
Minjur
15/6 Kabins
Raubs
1.86
15/6
$9.65 $3
3120 $3.40 $3.30
Vanezuola Gold Fids.
teta. Hong Kong Mines......
PAGE 12–HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
14:yers
$1,400
Exchange
ellara Sales
£90. 218
TUESDAY. JULY 12.
Sharebrokers' Association
Hanks
H.. Banks..........
Do. (London) Chartered Banka ....
£28 Marcantile Rka. “A” £139Martile Bks. **C**
500
Bank of Basi Arin .....
W. C. & 8. Banks.....
Buyers Bellatr
Baion
Wolma
$1,200
£12 £29 £13
95$
THE EXCHANGE MARKET
MESSRS, ROZA BROS.
Suver prices were higher, over the week-end to the extent of 1/18 for Ready and 1/8 for Forward, the quotations being 19 5/16 and 19 3/16 respectively, Silver ad- vices, reported the market as being steady with some general buying. American Silver was quoted at 42 3/4 for Spot.
York
cross-
The London-New rate was quoted, at 494. New York-London was quoted at 495.
FINANCE
NEW YORK STOCK EXCHANGE
-High
(Through Reuter's Service;
QUOTATIONS
1918
Low Dow Jone Averages, 128.49 896 So Industriais:
33.77 149.00 30 Rxile 99.27 16.14 20 Utilitem 92.70 83.39 Bonds 64.92
July 9.
138.30
27.21
21.70
July 19, 1938, Higu. Low Ulose 136.78 133.07 134.68 27.28 £6.56 20.61 21.70 25.13 2193
Chang
1.81 off
70 aft
A off
88.84
45.09 11 Commodity ladex unquoted
$8.48 $9.99
.18 of
19
Business Doaa:-1,090,000 shares,
STOCKS
Last Bale
STOCKS
Last Sule
July
9 11
July
9 11.
4
Adams Express
11t
107
Martin, Glen L
261
251
Alleghany Steel Co. Allis Chalmers ....... Amer. Can
181
181
McKesson & Rob-
New York, July 11.
477461
bins, $3 pf.... 32+
311
97
98
Monsanto, Chemical 012
92
201 024 91/201
4751 $24
No business was reported There were sellers at 1/3 31/32 July- September and 1/2 15/16 October- December, buyers at 1/3 Cash and 1/2 31/32 October-December.
U.S. DOLLARS There were sellers at 30 13/18 July and 30 3/4 August-Septem- ber. buyers at 30 7/8 Cash-August and 30 33/18 September.
SHANGHAI DOLLARS
187 1/3 Nominal.
SHANGHAI MARKET Sterling. 8.29/32 Nominal. USS 13.5/16 Nominal.
IN THE AFTERNOON The market continued dull in the afternoon.
STERLING "The market closed with, sellers at 1/2 31/32 July-September and 1/2 15/16 October-December, buy ers at 1/3 Cash and 1/2 31/32 Oc- tober-December.
U.S. DOLLARS ·· The market closed with sellers at 30 13/16 July and 30 3/4 At gust-October, buyers at 30 7/8 Cash-August and 30 13/16 Septer-
Chesapeake & Ohio 31,
652 Chrysler Corpn. ...... Columbia Gas & El. Columbia 8% "A" DL. 687 Commercial Creat... 414 Consolidated Edison 282 Consolidated Oil ... 101
36 Corn. Products,
5.1 Curtiss Wright (C) Curtiss Wright "A" 221 Douglas Aircraft... Du Pont
New York Cotton
October
Amer. & For. Power Amer. di For. $T pt. Amer. Locomotive... Amer. Metals Amer. Radiator,
42
41
Montgomery Ward 43
42
New York Rubber
Sept.
221
22
Nat. Dairy Products 153
154
Chicago Wheat
Sept.
201
20
Nat, Distillers !.... 22+
221
Chicago Corn
Sept.
351 35
Nut. Power & Light
71
72
15
15
Nat Supply Corpn. 181.
Winnipeg Wheat
October 791
WEDNESDAY, JULY 13, 1938.
PAYNE & CO.
11
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
Prov. Today's High Low Close Close ChanSÉ
8.94 8.71
8.71 23 oft 8.86 15.18 14.80
.38 of 15.18b 14.80 72+ 713 72 72 + up
504 591
tup 781 791
up
-591 593
781
181
Amer. Rolling Mill... Amer. Smelting
20
191
New York Central... 181
171
49
478
North America Co. 22;
217
Amer. Tel. & Tel... 142
1,40
Northern Racine
111
101
NEW YORK COTTON
Ainer. Tobacco "B" 792 Amer. Waterworks. Anaconda Cuppe: ...
79
Pacific Gas & Elec 28†
28)
113
111
Pacine Lighting
402
40+
Close
Opening
Closing
Change
331
321
Packard MotUIS .....
5+
5
41
Atchison. T. & S. Fe.
373-
36
Paramount Pictures 111
101
Baltimore & Olo
#L
81
Pennsylvania R.R......
211
July... October
8.98/98
8.90/90
B.74/74
24 02
8.94/94
8.85/83
8.71/71
29 of
20
Barnsdall O
December
9.03/02
8.91/89
8.78/80
2% of
183
181
Phillips Petroleum. 421
40
Bethlehem Steel...
591
57
Pablle "Service of NJ. 31
January (1939)
9.02/02
8.89/90
8.78/80
24 of
301
March
9.08/08
8.95/97
8.85/85
.23 of
Boeing Airplane Co. 30
30.
Pure Oll
121
12
May
C
... 9.11/11
8.97/98
8.87/88
24 of
Brooklyn-Manhattan
Radio Corpn. of Am.
7
.*
$6 cum. pl. g. 331 Case. J.L
324
Republic Steel
181
181
Spot
9.03
8.79
24.oft
931*
02
Schenley
181
194
The First Notice Day for July Cotton is June. 28 with delivery
29
Schenley, 51% prd...
72
73
date July 6.
637
Sears Roebuck
671
657
8
71
Shell Union of....
16%
161
NEW YORK RUBBER
667
Socony-Vacuum Oil
151
.. 15
July
15.09 N
1473 N
36 of
401
Southern Pacific
181
161
-
September
15.16b/20 15.18 18
14.80/81
38. off
11
28
Southern Ely $5 pid.
18
172:
December
15.27/27
15.20/15.
10
Standard Brands
81
B
March
68A
......
Standard Oll of NJ.
554
541
May
15.28b/31a 15.35 N
15.20/19
14.93/B5. 15.00/02 15.05b/10a
34 "OI
28 of
30 of
51
"Swift
International 26%
274
Sales for the day:
3.790 tons.
221
Technicolor
22 224"
501
51
Texas Gulf Sulphur. 331
331
. CHICAGO WHEAT
1181
1182
20th Cent: Fox, Films 25
244"
Elec. Bond & Share
BI
do
Films pf... 34*
341
July
"702/701
Elec. Bond & Share
Union Carbide
&
September an December
72/721
74/741"
$8 pt.......
552
55
Carbon
BOI
78
Elec. Power & Light
Union Pacific
773
78
Saturday's Sales:-
72/721 -742/744
14.968,000 bushels.
711/714. 721/72}
+ up
» 742/747
+ up
ap
$7 pf.
43
401
United Aircraft
281
231
CHICAGO CORN
Gen. Electric
401
401
United Airlines Trani 101
107
Gen. Motors
394
372
United Corpn. b...
31
31,
*་ ་*
Gen. Railway Sigrial 201
191*
United Corpn. $3
Glidden Co. Goedrich (F.) .....
48 Goodrich $5 pf....... Goodyear Tire & Co. 231. 1. 223 Great Northern Riy, 201 Great Western Sugar 27
221 171.
201
cum. pf...... 31
301
17
Un. Gas Iprovem't 101
July September December
$77/57$
.58/58
591/591
591/591
581/58
581/581
591/592 587/59
10%
48
U.S. Rubber
*37)
361
WINNIPEG WHEAT
US. Rubber pf.
763
..75%
101
US Steel
STI --551
July
981/981
27
Vanadium
181
171
Hecker Products,
73
71
Warner Bros. Pict....
B1
6
October, ... December
781,'70
79,791
401
421
Westinghouse Elec. 981
972
101°
91
Woodward Iron Cor. 101
104
1.277/77**
NEW YORK STRAITS TIN
774/771
1011/1011 791/791 773/773.
t-up up
397
382
42
401
301
Chase National Bk. "331* National City Bank 26* Bechenley 54% pr.
33**
257. September
131
||
131
Call Money
1%
1%
NY Sliver, Official NY/L'don Cross Rate
42.90 N 42.55b/43.10g 42-3/4
42.95 Nom. 42-3/4
4.93-3/4
· 4.92-3/4
51
· 501
̈t ex. dlv.
• bid.
6342 $13
#it #k
$201 1
$117. Shanghai Dooks B..... $3.90 Sew Engineeringa 5.
Lands, Hotels, and
Buildings
H.K. Hotela
H.K. Lands.........3.
Do, 1% Debentures
$8.40 Shanghai Landa B.
Docks, WharTES,
Godowan, ate.
H.K. & K. Wharva...
128
(3,40/45)
Providenta (old)....................
$3.40
$3.42+
Providenta (Bow).......
$2.30
H.K. &W., Dooks....
(now). Do
$31
$20.30 #174
10.45
$6.45
334)
$109
Let
$585.
$1.85
HK Raalties
19.3
$8.30 Humphreys ................
1100 Chinese Estates........
Cotton МП
$15.2 Ewos (8.) ..........
380
Bhai Cottons (8.) .....
327
#42 Wing On Textiles (8.)
Zoong Sings (8.) .....
Public Utilities
17.45/5) Tramways ............
#174
#31
$74
Peak Tranis (old)...... Peak Trans (new).................. Star Ferries estremecen
16
કર્
ber.
178
1241
241/501
I'mati Ferries C.R.$
$94.6)
Do. (new
કરાન
$11
China Lights
(old)......
+359)
China Lights (new)..... H.K. Electrics ..........................
811 18
#692
$18,10 Macao Electrics.......
Sandakan Lightă................ 391
女
$26.40 Telephones (old)....................
Telephones (new)...... 89.40
24/ "Tenchions ................
23/6 Tractions (pfet.)
言情
914
Industrials
Cald., Macg. (Pral.) 8.
Cald., Macg. (Urd.) B.
$1.70 Canton Ices
Comenta
24/0
$15.40
$0.80
6.60/90
$6.60
$24.
116 4U
$4.60 Bopen
Consolidated
Chine Prov. (old). 560
81 80
માં..
$6.85
China Prov. (new)..............
Miscellaneous
+
Dairy Farma.
$241
***
$0.80
$8.6
Ch. E'tainments
Constructions (old)...........
$8.70 Lane Crawfords.........
Nanyang Tobacco ................
$2.20 Sinceres
Watsons
7 Ch. 0.5% 19250.#Eds.
$6.60
#14
Constructions (new)..
11:40
$6
16.85
72%
6fpa HK Govt 4% Lowas
$100
3pm H. Gort. 31% Logas | $109
H.K. Wing On..........
S'hai Wing On....
338 0
$61 Vibro Piling
$137. Marimana Inv. (Lon.)
$3/11 Marsmans Inv. (H.K.)
-14
70 ct. Wm. Powells
LONDON
70 cta
EXCHANGE RATES
(British Wireless Service)
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
Demand for shares continued and although Buyers, raised their bids Sellers showed little or no in-
clination to trade.
Market closed steady, and with Sellers holding off, the volume of business transacted during the day was somewhat restricted.
BUYERS 2
HK Bank. $1490.
Union Watercoats, $9.
H.K. & K. Wharves, $127.
Providents (Old), $3.45.
Proy (New), $3.30.
Raubs, "$9.65.
Venz. Goldfeld, $3.
H. & S. Hotels, $8.40...
H.K. Lands. $343.
H.K. Lands. 44 Deb., $1034. H.K. Realties, $5.90. Peak Trams (Old). $61. Star Ferries. 78.
Yaumati Ferries (Old), $24į. Yaumati Ferries (New), $221. China Lights (Old), $10.90. China Lights (New), $8. H.K. Electrics, $60. Telephones (New) $94. Cements, 318),
Dairy Farms, $241. Consol. Ch. Prov. (Old), $8.90), Consol. Ch. Prov. (New), $6.60. SELLERS
H.K. Docks (Old), $211; Watsons, 16.85.
SALES"
July 7
July 9
Parls
Geneva
Berlin"
Athens
Milan
Copenhagen
177-55/64
21.60
12:26
178-29/32 21.00 12.281
93-15/10
931
Stockholm
Shanghai
81d
New York
4.034
8-13/154 4.94-1/16
Amsterdam
8.951
8.95£
China Underwriters $21. Douglases, $85,
Bucharest
Vienna
Prague Helsingfors
Hong Kong
1422
142
2262 *6721
Providents (Old), $3.50.
Bombay'
13.5-29/32d
EK. Mines, 8 cts:
Montreal
Brussels
4.971
4.971
HK. Lands, $35.
29.134
29.194
H.K. Tramways, $17.45/50.
Yokohama
Sellers
China Lights (Old), $11.
Buenos Aires
19.00-
18.98
China Lights (New), $. ___
Monte Videa
201
Consol. Ch. Prov (014) 7.
Rto ...
(Prices below in Phil. CurrEN67)
Stiver (Fargued).
19
19-3/16.
19-3/18
19-5/18
34% 1081.
HK. Docks (Old), $211/ł.
Int. Nickel
Int. Tel. & Tel. Kennecott Copper. Libbey-Owens- Ford
Glass Lockheed Aircraft Loew's Inc.
!!
RAUB MINES WORKING
1
The Raub Australian Gold Min.
ing Company's statement for the quarter ended. May 21 is as fol- lows:--
BATTERY Tonnage of Ore raised. 14.885 tóns: No. of Ounces of Bullion pro- duced. 4.896 ounces: No. of Dunces of Fine Gold recovered. 4.677
ounces.
RE-TREATMENT PLANT
No. of Tons treated, 19:107 tona; No. of Ounces of Bullion produced. 2.330 ounces; No. of Ounces of Flue recovered, 1,299. ounces:
Gold
BRITAIN'S
INTEREST IN CHINA
RAILWAYS
Jeopardised By Japanese Action
4
London, July 12
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
July 11 buyers sellers buyers sellers change
247 25
SPOT
OCTOBER-DECEMBER
| JANUARY-MARCH
July 9
242 25
unch."
257 264
252 261
281
281
unch. 26+ 281unch.
The market opened with prices agchange from Saturday's clos- ing quotations with a quiet undertone."
"
After the opening the market was stagnant due to the reluc- Li the House of Commons yes-tance of dealers and speculators to operate in iiew of the London
(Con-and New York Exchanges having been closed on Baturday. terday Mr. I C. Hannsh Tervative) drew attention to the
Later in the session, however, easter conditions prevailed on the fact that the Japanese Govern-announcement of Dealers Stocks in the Strait Settlements amount- ment has presented basic shares ing to 48,841 tons at the end of June as against 44,583 tons for Value of Gold from all sources. in railways in north and central May. Prices registering a decline of 3/8 cent for all deliveries. £41,966 Sterling; Working Costs, China to Japanese charter com- €26.258 Sterling: Capital Expendi-panies, the value of the shares be- ture (special). N: Mine Pront for Quarter (subject to Depreciation).
£15,708 Sterling.
TIN PRODUCTION RESTRICTION
London July 12.,
Closing" tone was quiet...
The market appears to be anxiously awaiting UB.A. consumption ng 38,000,000 yen,
Mr. Hannah urged the Britiahngures for June, to be published shortly. It is expected, that Government to protest against the the market will advance substantially until this figure is known, al- transaction, in view of the fact though brokers generally feel confident that June figures will show
would that such shares
have improvement over May. priority over British capital invest-
ed in the railways in question."
The Under-Becretary for Foreign Afairs, Mr. R. A. Butler, replied
The International Tin Commit- that the Japanese charter com-
Yaumati Ferries (Qld), $241/60.tee published yesterday the follow-panics would not be formed until 20T
ing export agures in connection October, and quoted a Japan-COT.-DEC.. with the plan for a restriction ese presa report that the draft JAN.-MARCH
14
LONDON RUBBER
Previous close
Today's close
buyers sellers buyers. sellers 4-1/4
change
7-3/8 7-3/18 7-1/4 ·0# 1/15
... 7-3/8 7-1/2 7-5/18 7-7/16 1/18 7-7/18 7-9/16 7-3/8 7-1/2 01 1/16
during May 198s of tin-production articles of the association provid- After ruling steady, the market became dull in sympathy with
in the countries concerned:
:
Netherlands East Indies, 1829
tons
ed
Japanese for the
Goy the American market.
Rubber, stocks held in the United Kingdom showed a decrease of ernment subscribing 175,000,000 yen and 50,000,000 yen, hair the 193 tons for the week ending 11th July 1936.
total capitalisation of the north
Boltyla, 2086 tons.
China and central China cont- panies respectively. Of these amounts 30,500,000 yen for the
NEW YORK COTION
Nigéria, 293" this."
Saver (Spot)
War Loan
Closing Quotations
On London:-
Telegraphio Transfer....
Credite, 4 months' sight 1/2)"
OX NEW. ZORE |---
Bank, Hills, on demand 301 Úpédika, na enyn' sighs '31
Bank Bills, on demand 1,085 Credits, 4 months' sight 1,180
ON SAIGON-
July 12, 1628.
I
Biak Bills on demand /*
-1/27
ON BATAVIA
ON BAZI
О ВИЛИОНА: -
On demand
... id nom.
ON SINGAPORE-
On demand
On demand
68
ON MANILA-
ORE JAPAN
On demand
ON BANGEGE:----
Ou drajud
1001
On LDIA:
Telegraphic Transfer...
Bank, on demand
ไตร
Bar Gliver, DAT OK.
On demand ...
Sovereign Notee.
Bank Buying Rate.....
109-
Antamoks Pa, 384 Atoks, 28.
7.
Baguio Gold: 211 -
Benguet Consol, 10.00
Coco Grove, .441
San Mauricio, 43
Buyor Consol., 18
A.K.
SHAREBROKERS' ASSOCIATION BUYERS
Providents (Old), $3.45. Hotels, $41. Realties, $8.95,
Y, Ferries (Old), 241. Electrics, $591. 149) Antammoka, 60 ctá. -AHLLERS
1/2-1/16! 19-5/16
Hotels, $8.50.
Malay, 8781 tons.
Siam, 1130 tons.
Belgian Congo, 570 tona.
French Indo-China, 130-tons-
(Transocean).
REICHSMARK QUOTATIONS
quoted
The market opened Iswer or bearish foreign cables and prices The market Central China charter company further declined on favourable growing conditions and on the weak- would be in the form of railway ness of stocks and of the other commodity markets.
rallied partially in mid-session on Trade and local buying, but, rolling stock.-(Reuter).'
finally again, sagged on renewed liquidation and hedge-Selling.
TCA
of
feature.
NEW YORK RUBBER
The Ministry of Finance had taken strict measures against the Berlin, July 12,
Liquidation by commission-houses and the decline in securi The Reichmark was
hoarding and manipulation were today's principal daverse mauences and prices rapidly declined; "withbut i guarantee át:
nickel and copper coins by business with factory support on the down-scale being the only redeeming New York, '40.23.
houses, states a message to the Sin Wan Pao. The exchange rate of Paris, 14.53.
the legal tender notes for the sub. sidiary coins, the Ministry has also anjoined, ehould be fixed accord- ing to the standard set by the Ministry.
·Amsterdam, 72.925. London, 12.275:
Paris Bterling. 178.40 to 178.50 Paris U.8. Dollar, 35.15 to 30,16, -(Transocean).
CHICAGO WHEAT
Despite early hedge-selling and-selling and Liquidation, prices were well held on a bullish Government crop report and on buying by milling interests and covering by shorts.