*STOCKS
$600
19.
1120
Adams Expresi
Alleghany Steel Co. 19
$70
Hong Kong Fires, $205.
Allis Chalmers
80
160
424
320
Wharves. $1254,
Amer. Can du
JOI
Docks (Old), $21, $214, $214,
Amer. & For, Power
$24
Docks (New'); $201, $20.
"Amer, & For.-97-pf., 234
#1/3
*
Providents. (Old), 3.40.
$3.45. Amer. Locomotive.... 21
*
$9
15/-
Raubs .....
$31. $3.45.
13/6
Providents
"Amer. Metals........ (New). $3.20. 33. Amer. Radiator..... 15+
$9.63
$3,35. $3.40, $3.35. ...
Amer, Rolling Mili... 201
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Buyer Allerg Halos Nominal
FRIDAY.
JULY 15.
Banks
Sharebrokers' Association
$1,000
H.K. Bas
2.0
Do (London) ................
212)
Chartered Banka ........
223
Mercatlle Bka “Ä”
213
138
•
H.K. Fires
Shipping
$215 $208
Mercantile Bk. ****
Bank of East Asia...
N. C. B. Banks ....
Insurances
$249 Canson Insurances..............
1592 Union Insurances......
Underwriters iomarcadors
Donglazeg. .............
$11; {sinambunts dia
Indo-Chinas (Prof.)..........
Indo-Chinas (Dat.)........
Shella
Waterboats.....
Kailang
Mining
Buyer Suflern Balon Kooninal"
*****!
$1,500
£90 £121
£98
£13
1235
it
H. K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
There was an improvement In prices during the week, under re view and the market was steady with a fair demand for shares. Holders of shares, however, were disinclined to sell resulting in a small turnover.
BUSINESS. DONE DURING
THE WEEK..
HK: Bank. $1460. $1500, $1505,
$1500.
Union Insurance, $502)
FINANCE.
NEW YORK STOCK EXCHANGE -
19.39
"(Through Router's Service)
33.الا
18.91
SATURDAY, JULY 16, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
High Low Dow Jones Averages,
· 138,60 168.96 30 Industrials
39.77 19:00 20 Rally 28.27 15.14 * Utilibier
1.70 83.39 44 Bonds
54.81 $1.03 1 Commodity Index 2083
QUOTATIONS
July 15, 1935 || July 13. High · Low „Ulose Chang 138 137.85 185.18 138.81.. 100 of
37.12-
37,45. 26.70 16.81 $1 off 31.40 21.01-21:05 Bu of
.:3 u
$8.63 50.
54 of
Business Done:-1,109,950 sișares,
Last Sale
STOCKS
July 13 14
11
Loew's Inc.,
161-
Martin, Glen L
431
471
991
992
bizis, $3 pt.
41.
41
21
193
36
35
223
McKesson & Rob-
251 251
331
munsanto Chemical" 91 Montgomery Ward 441 Nat Dairy Products 15t Nat: Distillers .....
New York Cotton ..... New York Rubber, Chicago Wheat Chicago Corn Winnipeg Wheat
15.
Nat. Power & Light: 74
191...
Nat. Supply Corpn., 19
$9.70
38
$127
Venusuela Gold Fida
8 cta. Hong Kong Mins...... Docks.. Wharv86... Godowns, etc.
H.K. &E: Wherres.......
13
Providents (Old) Consel, $5.80. Amer. Smelting
471
471
New York Central... 177
$6.90. $7. $6.90.
Amer. Tel. & Tel
141
142
Providents (New). Consol.. $6.40. Amer. Tobacco “B”. 19
191
N. America Aviation North America Co.
101. 22
+
$127
$81, $8.80.
Amer. Waterworks'........ 114
11"
#3.45
Hotels, 56.40, $6.55...$61, $8.55.
Anaconda Copper ... 334
331
Northern Pacific, ... Pacific Gas -& Elec
11
28
$3.40 $3.30
$3.45
Providenta (old)..........................
13.38
Lands. $342. $38.
Atchison, T. & 3. Fr. 37.
351
Pacific Lighting
401
$3.36
Providents (WW)............
$
$20
HK. & W. Docks....
Da. (D)....
3911
Humphreys. $9.35.
Baltimore & Ohio ...
时
81
Packard, Motors
52
820.30
Realties $6.
Barnsdall Ol
191
197
Paramount Pictures 11 •
$63 $3
$101
$8,36
$100
15,40
$116 Shoghai Docks 8. .... 13.99 Now Eug peeringa B.
Lands, Hotels, and Buildings
1. K. Hotals............
TH.K. Landa.........B.
Do. 4, Debentures
$8.40 Shanghai Landi 6.
H.K. Resities man
Eumphreys........
Chinese Estate
Cotton Mills
Ewes (5.)
$:173
14
$8.40 16.05
$34)
$1.3
$5.90
$9.9:
£15.10
3701
682
19 Coltons (8.) .....
$24
$97
Zowag Diags (8.) .......
$42
Wing On Textiles (8.)
$17.46
Public Utilities
Tramwaja...
#171
Peak Trams (old)......
Peak Trams (new).................
78
$24
$23
$10.9
$11
33
$60
$60)
$0.80
Star Ferries
Do.
China Lights (old).....
China Lights (new)..... H.K. Electrics
$18,10 Macao Electrica
194
| Sandakan Lights.
$26.50 Telephones (old)....
Telephones (new)......
24/ Tractions .......................
Y'mati Ferries C.R$
3247
Tramways. $171 317.60. $17.55,
"$174. $17.45.
Star Ferries. $77.
"
Yaumati Ferries Old), $24, 3241.)
$24.60, $241. $25.
China Lights (Old), $11. China Lights (New), $8. Electrics, $59, $80, $604, $804 Dairy Farms, 5244.....
Watsons $6.96, -$6.90. -$87. $6,70, Entertainments, $6.60. $6.521. HK Mines, 8 cts. Ewo Cottons SH.$15.40.
CHANGES AFTER 3.15 F.M. (CLOSING QUOTATIONS)
BUYERS
H. and S. Hotels, $8.50.
SALES
Betnekem Steel
58
57
Fennsylvania RR 204
Boeing Airplane Co. 294 + 291 Brooklyn-Manhattan
Phillips' Petroleum,... 424
Public Service of N.3, 314
$6 cum, pla Case. J.I.
34. 94
33"
Pure Of .....
12/
93
Radio Corpn. of Am.
Chesapeake & Ohio Chrysler Corpa..... Columbia Coɛ &' Él. Columbia 6% "A" pl. 68,
311
301
Republic Steel
19A
66
85
Schenley
201
77.
73
Schenley, 5% pfd. 76
69
Sears Roebuck
88
Commercial Credit... 424 Consolidated Edison 281 Consolidated Qil... 101 Corn., Products
417
-Shell Union Oll ......
171
27
Socony-Vacuum Ofl
151
101
Southern Pacific
164
604.
66.
Southern Rly, $5 pfd.
17
Curtiss Wright: (C.) Curtiss Wright "A"
SA
5)
Standard Brands
..81
23
221
Standard Oil of NJ. 557
Douglas Aircraft Du Pont
514
.50%
Swift International 27
1231
120
Technicolor
<^2}}
Elec. Bend & Share
81
Texas Gulf Sulphur
331
Elec. Bond & Share
(ROW)
H. and S. Hotels, $6.55.
$6 p.
561*
571
Films pf.
811
Elec. Power & Light
Carbide
20th Cent, Fox. Films 257 241
do. Union
343
$7. pt.........
41
39
Carton
791
1601
Gen, America Trans 461.
451
Union Pacifc
811
THE EXCHANGE
Gen. Electric
408
401
United Aircraft
28
1961
Gen. Motors
39
38
United Airlines Trans 10
39
Gen. Railway Bignal 201
24 Ú
Glidden Co.
$10!
$6.80
$6,6)
፡፡
$8.90
#:
324) $6.45
$6,70
Cements
$4.60 Ropes
#11
Consolidated
China Prov. (old).. China Prov. (new)..............
Miscellaneous Dairy Farma........................ Ch, B'tainmente "g Constructions (old)........ Constructions (NSW)....
$8.70 Lane Crawford......... Nanyang Tobacco .........
$2.20 Sincures...
Watsons risk Ch.9.8192). Bds
... pH.K. Govt. 1% Loans
324+
23/6
Tractions (pref.)
"Industrials
$14
Cald., Macg (Ord.) S.
$14
Cald., Macg, (Prof.) 3.
$1,70 Canton ices
$16.50
Bedrich (BF)
Quodrich $5 pr.....
Goodyear Tire & Co.
$1.60
Great Northern Rly.
#:
$0.00
$3,10
36.20
734
+108
360
H.E. Govt. 31% Losus $1094 H.K. Wing O
S'hai Wing On...... 362 Vibro Piling
$14/- | Maremans lav. (Lon.).
13/11 Marmans Iov. (H.K.)'
75 cta Wm. Powell
*Sales to Shanghar
70 cta
LONDON EXCHANGE RATES
MARKET
MESSRS. ROZA BROS.
Silver prices dropped 3/16 ́yes
both deliveries. the terday for quotations being 19 5/16 for Ready and 19 1/8 for Forward, Silver advices reported a poor support and a little selling. The market was steady but lifeless. American Silver was quoted at 42 3/4 for Spot.
▸
The London-New York CFOBS- rate was quoted at 493.12. New York-London was quoted at 493. 5716.
MARKET
Extremely quiet.
STERLING
No business was reported. Therë were sellers at 1/2 31/32 July- September and 1/2 15/16 October-") December, buyers at 1/3 Cash- September and 1/6 31/32 October-. December.
U.S. DOLLARS
Great Western Sugar' 281 Hecker Products Int. Nickel. Int. Tel. & Tel Kennecott Copper ... Libbey- Owens- Ford
Glass Lockheed Aircraft...
SEAMEN WANT PROTECTION
Japan May Bomb Ships Next
TESTS WITH A NEW DRUG
100 Pneumonia Cases Treated
!
SPOT
OCTOBER-DECEMBER
-JANUARY-MARCH
July 13.
251 257 26
201
July 14 buyers sellers buyers sellers change
241 241 #241 242
254-28 26287" up
unch.
up
The Market opened i of a cent lower for all deliveries ascom- pared with Wednesday's closing rates.
Shortly after the opening the market displayed a quiet under- tone. Demand from consuming centres was moderate whilst dealers. and speculators were hesitant to enter into new engagements, pre- ferring to await further developments.
Tests of the new drug M&B 603,
Later in the morning, however, the market became easier ́ón "If Italian and German planes are proceeding, says The Times. profl-taking and speculative selling, probably influenced by reports Sellers at 10 3/4 July-August are permitted to sink British ships
In the current issue of the Lan- of easier conditions prevalling on the Security and Commodity mar- and 30.11/16 October-November, trading to Spain, this will encour cet an account is given of the kets in USA, whilst prices gradually declined by cent for all de- buyers at 30 13/18 Cash-August age the Japanese to bomb our treatment of 200 cases of lobar liveries, and 30 3/4 October-November. ships in China."
pneumonia at the Dudley Road****
After a quiet opening of the afternoon session renewed selling Birmingham, between Hospital, That fear was expressed by Sea- man Patrick Murphy at a Liberal March and June of this year. C for trade and speculative accounts was responsible for a further set- Party Organisation mass meeting these 200 cases one-half received back of f.cent. the market closing with an easy undertone at the
the ordinary non-specific treat-lower price-level. In Hyde Park, London.
ment. Twenty-seven died.
Rubber brokers believe that the present.decline, which may pos Beaman Murphy was one of the The deaths among the remain sibly carry a ttle further, will be only short-lived; more especially crew of the Stanwell, bombed ating 100 cases, to whom M & H 693 so, as a technical reaction is due after the rapid rise witnessed dur The market was quiet in the Tarragona on March 15, with the was administer, numbered eight, ing recent weeks. It is also well to remember that the statistical afternoon.
loss of three lives.
and of these six occured during the position is anticipated to become more favourable due to the 45 per STERLING
"We seaman are indignant that first few weeks of the test, when cent. quota-cut and an improved consumption-outlook during this our ships can be bombed and our smaller doses were being given quarter, all of which is expected to put the market eventually on seaman, killed and wounded, and than are now considered adequate a higher level, unless some unforeseen outside influences will make that the Government refuses to
The Lancet states:- take any action, but is rather en- couraging the continua) bombing of British ships” he said.
IN THE AFTERNOON
(Brith Wireless Service)
July 12
Parks
178 23/32
Geneva
21.55
Berlin
12.262.
July 14 178.19/64 21.581 12.27}
*
SHANGHAI DOLLARS +186 1/4 sellers.
Athens
Millan
93-7/16
93. 11/16
Copenhagen
SHANGHAI MARKET Sterling 8.15/16 sellers. 18.3/8 sellera.
U.S.S
Stockholm
Shanghai
New York
8-13/16d *4.92%
Amsterdam
8.951
4-931 8,901
Vienna
Prague ..... Helsingfors
142
1421
226
Bucharest
8721
6724
Hong Kong Bombay
18 5-29/32d
1/5 29/52
4.964
29.122
4.96% 29.13
· Montreal Brussels Yokohama
Bellers
Buenos Aires
Monte Video
18.98 204
R10
Silver - (Forward)
Silver (Spot)
19-3/16. 191
2-27/32 19. 19.5/16
31% 103.
31% 102/18/18,
War Loan
Closing Quotations
Os NEH LORE :--
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/September and 1/2 31/32 October-December.""
U.S. DOLLARS
RESOLUTION - CARRIED
That the new remedy merits
widespread trial is evident not
themselves felt.
from the relative case-mortality figures, but, from analysis of the deaths according to age-groups, & POT And the benefit apparently oh OCT-DEC, · When upheavals were in pro-tained in those over 40 is the more Jan-March
14 The market closed with sellers at 30 3/4 July-August and 30-11/16 | .. October-November. buyers at 30 13/16 Cash-August and 30 3/4 gress. In
seaman any country. October-November,
would be the victims of bomb or submarine attacks,
"This resolution, moved by Mr.
WHEAT COMMISSION Richard Acland. M.P., and second-
CHAIRMAN
encouraging since, serum therapy has often been disappointing, in these older patients.
·LOCAL ESTATES
LONDON RUBBER Previous close
buyers sellera
Today's close buyers
change sellera 7-3/8-7-1/2 7-1/4 7-3/8 off 1/8
7-5/8 #7-9/16
1-3/8 7-1/2 of 3/16 7-5/8 7-11/16 7-1/2 7-9/16 01/8 ...
After ruling easier on Liquidation and in sympathy with over- night Wall Street advices, the market steadied on Continental, in quiry and better American cables.
NEW YORK COTTON
ed by Harry Burnstone, ship's cook
The market opened lower on discouraging advices from Liver- of "the Stanray, another bombed: London, July 15.
An application by Mr. G. G. N. pool and other foreign markets and prices declined further on favour The Minister of, Agriculture yes-ship, was carried:
Tinson, solicitor, and lawful at- able weather reports and on foreign selling and liquidation. In mid- "This meeting demands that the torney, for sealing, certified copy session; the market rafiled on the recovery of securities and on Trade terday announced in the House" of Commons that Lord, Harlech, British Government shall give fat probate of the will of the late buying and local covering. Offerings towards the close were small Bank Bills, on demand 30-9/11 formerly Secretary for Colonies, fective, protection against attacks John Colling Gerard, master has and were well taken. "Credita, 60 days' sight 21-7/16
had agreed to accept the chair to British ships engaged in legiti-been granted. Bank Bille, do' deanan/ON BATAVIA
manship of Wheat Commission mate trade.” (British Wireless).
ON LONDON:-
July 15, 1938.
'Telegraphic Transfer...
Credita, donths' sight' (1/3).
ON SHANGHAI:-
On demand...
ON SINGAPORE :—
On demand
JAPAN:-
On dodání:
INDIA
Telegraphia Transfer..
Bank, on demand
Bank Bills, on demand. 1,096. Credits, inonths' night 1,180
·On demand
ON PARIS:-
,
150 nom.
ON SALOON:-
On demaád vá
109
ON MANILA:
On "der and
€11.
ON BANGKOK:/
1001
149
I
ไต
On deniaźd
"Sovereign Noten te
Bank Buying Rate.. Bar Allvar, per- na.
· 1/2-1/18-|
108/16
BRITAIN'S TRADE" OVERSEAS
London, July 15. Full returns for overseas trade In June were published yesterday. Imports. totalled. £76,502,634," ex- ports: £36,893,525 and re-exports £4987.170.- (British Wireless).
REICHSMARK QUOTATIONS
Berlin, July 15. The Reichsmark... was quoted without guarantee at:
New York, 40.20. Amsterdam 12.95 London, 17.2725, Paris Pound Sterlly 178.50-(T
30, to
Jean)
The late Mr... Gerard died at Worthing, Sussex, on February: 8
NEW YORK BUBBKÉ
After early weakness and irregularity following lower advices lagt, leaving local estate valued at from London and Malaya, prices went sharply downward on stop- | #33/200) 2
loss selling orders and selling by dealers and foreign interests. There Yuen King (Kin) Po (Por).] was some Trade buymg on the scale down. Lallas "Kwong Han-teng, alias (Yuen) Tsik. Tu Tong salt fish
CHICAGO. WHEAT
merchant,, who died at Victoria on There was a temporary rally following publication of the loan September 18, 1937, left local es announcement, but rates failed tobold and prices reacted sharply on tate sworn under $15.800 A peti- | realising and bedge-selling. It is contended that the loan will offer tion by Yuen Wong-shi, widow, for no great inducement to farmers In view of the probability of burden- grant of letters of administration some supplies. The weather is favourable and there is a continued
¡iberal movement of the crop, to the, estate has been. 'allowed.
20
United Corpn.
31
231
231
United Corpn.
23
181 174
cum. pl. ...m
31
49
48
Un Gas 'provem't 102..
243
23
US. Rubber
383
202
201
UB. Rubber pf.
77778
29
US. Steel
561
71
79
Vanadium. ...--.~ • 181
481
49
Warner Bros. Pict....
81
10호
101
401
~391
Westinghouse Mec, 100
Woodward Iron Cor. 174
Chase National Ek 331*
£11 .14
381
.
143
National City. Bank 263* Call Money
.1%
བྷཊྛཱནཱནཱསྨིཾཝནཙནཱཀྑཏྟཊྚཙཾ, རཱནྣི==ཡོནྲྀཧཱུཾཿཨྰཿདྷཨྰཿཀྰཕྲོ==ཨྰཿབྷུཤྩཨྰཿརཱ ཿཨྰཿཨྰཿམོn ཨྰཿཀྰREt8Lབྷཊྛིཊྛཾནཱ
Last Sale July 13 14 517 511
New York, July 14.
Sept.
Sept. October
Frey. Today's High Low Close Close Change October 8.89 8.57 8.62 8,63 .01 up Sept. 13.28 1492 15.25 741 713 734 62. 59 821 811 771. 804
!
14.918 34 off
721 11 off
-601" 17. of
781 21 of
NEW YORK COTTON
Close
Opening:
July... October December January
8.58 N
8.50/56
Closing 8.63/63
Change
.01 up
8.62/63
*8.60/50
8.63/64
.01 up
8.71/71
8.67186
8.73/73
.02. up
(1939)
8.71 N
8.67/87
8.73. N
.02 up
March
8.77/77
8.73/75
8.77/17
unch.
May
8.80 N
8.76/77
8.81/81
.01 up
Spot
8.07
8.88
.01 up
NEW YORK RUBBER
September
15.35/26 15.10/10
December
.15.36/38
15.20/28
March..
15.43/43
May
15.52 N
Sales for the day:
July
15.40/35.
2,620 tons.
CHICAGO WHEAT 723/721
14.91b/94a ...34 of
15.03/05 ..33 off 15.14/14-- .29 of 15.176/203 .35 of
September December
.. 73/731
753/750 75/75+
731/73+
713/718 I 721/72 737/733
11 off
11 off
יי
Wednesday's Sales:
27.250,000 Bushels,
7
CHICAGO CORN
July
6037601
-581/581
11 of
September December
621/62
12/611
801/001
1 of
614/613
914/61+
593/591
2
110.
WINNIPEG WHEAT
July....
102/102
981/981
37 off
October
8011804
80/801
781/781
21 of
December
781/781
781/781 761/761
21 of
September
NEW YORK STRAITS TIN
43.85 N
42.60b/43.10a 42.85 N
NY Bilver.. Official 42-3/4 NY-L'don Cross Rate... 4.93-5/16
42-3/4 4.93-5/18
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
t ex div.
bid.
む