Banks
jcum.d.] $1,600
Do. (London)
ex.dir. Esa
£117 Chartered Banks ****
£18
Marcantil. Bk. “A”
£98
STOCKS
El
Mercantile Bka. “C”
£13)
$36
N. C. & Backa.......
H.K. Bank (Lon), £90 ex. dlv. Union Waterboats. $9.
Adams Expresa
Alleghany Steel Co. 181
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers' Association
Buyers
alior Nominal
WEDNESDAY.Į
JULY 20.
Bupersleri Sal Nominai
£110
ex.dir.
$1,510 cum.d.H.K. Banks.....
Back of East Asia ...
H. K. STOCK EXCHANGE
The
YESTERDAY'S ·
OFFICIAL QUOTATIONS
market remained steady. with little business passing-
The Manila qarket showed ar improvement in prices after being. stagnant for weeks.
BUYERS
FINANCE
NEW YORK STOCK EXCHANGE
1238
(Through Beuter's Service) ..
QUOTATIONS
"
High Tow Dow Jones Averages July 13.
**140.39 140.39 98.95 30 Industrial
377 19.00 90 Baile 95.27 18.14 30 Utilities 93.70 83.39 40 Bonds
27.96
21.84
19.33
54.92 41.03 11 Commodity Index 18.03
July 10, 1938. High Low Close Chang 14418 14127-143.87 8,28 up N9.26 - 18.33 20:13 1.17 up 2225 21.55 22.5+ 42 up $0.12 .19 up
THURSDAY, JULY 21, 1938.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
BULU ...17 up Business Dono:1,939 vi shacau.
Last Sale July 18 19 12
STOCKS
Last Sale
July 18 19
12)
Int. Tel & Tel......
10
101
101
Keunecott Copper ...
411
421
Insurances
H.K. Wharves. $127).
#120
$240
Cantoc
Insurances.......
H.K. Docks (Old), $21.
Allis Chalmers ...................... Amer. Can
50+
521
$500 Union Insurance ................
$500
42
Amer. & For Power
38
Underwriters
3910
$81.E. Firm
Shipping
$75
$80.
Douglases......
300
$21
Ntombonta man
Venz. Goldfeld, $3:
$00
Indo-Chinas (Prof.}....
551
H. & S. Hotels, $81.
324
Indo-Chinas (Dret.}.
124
H.K. Lands, $35.
03/1+ Shells
} 93/1||
19
Watarbosts
2
HK Lands, 4 Deb., $108,
HK Docks (New), $20. Providents (Old), $3.40. Providents (New), $3.30. Raubs, $91.
100
41
Amer. For. $7 pl. 233
Amer; Locomotive,.. Amer. Metals
Amer. Radiator
Amer. Rolling Mill... 211 Amer. Smelting.....
100
Loew's Inc.
"Martin, Glen L ...!! McKesson
212
357 16
50
Mining
15/-
Kailaba
39.75
Hauba
.:
16/-
89.88
$157) $129
$3.40 $3,30
$3.45
13.30
Yonezuala Gold Fids.
8 cts. Hong Kong Mines......
Docks, Wharves,
Godowns, eta II.K. & E. Wherra.... Providents (old)........ Providenia (new)..... H.K. & W. Docks....
Do. (8)
$115 Shanghai Docka 8...... $190 New Engineerings S.
Landa, Hotels, and Buildings
· 33.45
13.30
121
820
$117) 14
Loan $1 p.m. Marsmans (H.K.), 2/6
$17.6
Chinese Estates
Cotton MillTM
$16.40 Exce (8.)
4878'hai Coltons (S.)
$42
$27 Zoong Singa (8,) ******* Wing On Textiles (8.) Pablic Utilities
Tramways
Peak Trims (old)......
136 $106
H.K. Hotela ................................ H.K. Lands .......... Do. 4% Debentures
$6.65
$38
$13-
H.K. Wharves, $129).
$8.50 Shangha: Lands 8.
Star Ferries, $79).
$0.80
H.K. Realties .........
$0.36 Humphreys
done.
$9.30
816
$701
$24*
JI
$12
$793
1243'mati Ferrias C.E$
$18,60
$6,80 $6,300
$8.90
$8,50
128 $8.40 $1.55.
***
$261
Dairy Farma mamičie
$14
Cald, Mang. Ord.) 8.. Caid, Macg. (Prof.) 8.
$1,70- Caston ices....
Camenta...
$4.50 Ropes
Consolidated China Prov. (old)....... China Pros. (new)++++++
#Hacellaneous
$18
$17,86
$17:80
He
161
#17.60
$3
Fonk Trains (new)............ Star Ferries
$781
626
$234
11.05
Do China Lights old)......$10.90
(DAW)
Chine Lights (now).....
$8
$60
601/2
H.K. Electrics..........
8601
8801
$18
Macao Electrics....................
Sandakau Lights
1264
281/601
Telephons (old)......... 25)
8201
Telophones (Dew}...............
$0.70
26/3 Tractions «««»«»««ïzenae
24/6
26/3 Tractions (pref.)
Industrials
16
སྐ:;,:ཚེ་ཆེ
$24
0127
HK. Tramways. $17.00 Peak Trams (Old), $81. China Lights (Old), $11 China Lights (New), $8. H.K, Electrics. $60. Telephones (Old), $264. Telephones (New), $91. Dairy Farms, $26. Watsons. $4,80." Entertainments. $8.40.
Constructions. $1.65.. H.K. Govt. 31
Consol. Ch. Prov. (Old), $6.80....
Consol. Ch. Prov. (New), $8.60.
SELLERS
'Macao Electrics. $18.
Marsmans (HK.), 37~
SALES
H.K. Bank, $1510 cum. div. Providents (Old), #3.45. Providents (New), $3.30. HK. Tramways. $17.65. China Lights (Old), $11,05.
HK. Electrics. $80/1.
Telephones (Old), $254/60 Cements, $16.60:
Dairy Farms. $281.
Watson, $6.80
Consol. Ch. Prov. (Old). $6.90. Consol. Ch. Prov. (New). $8.60. (Prices below in Phil. Currency)
Antamoks Ps., 38
.Atoks. 281.
Barber & Co...
·Barnsdali Oir
Bethlehem Steel
Bueing Airplane Co. 291. Borg-Wamer
Trans.
SG cum. pt..
Case, JI
Canadian Pacific
Chesapeake & Ohio 31 Chrysler Corpn.
Columbia, Gas & El
Columbia 6% “A” pí. 68k
Commonwealth & 8. Commonwealth & 8.
44 Consolidated Edison 28 Consolidated 011
8% cum pt.........
Corn. Products
Amer. Sugar Ring. 29 142 Amer. Tel & Tel Amer. Tobacco "B" 50 Amer. Waterworks...
142
Anaconda Copper
11 36
Atchison, T. & 8. Fe, 381
Auburn. Motors ......
#
||
Baltimore & Ohio...
221
201
611
311
Brooklyn-Manhattan
114
Brooklyn Manhattan-
337
951
7t
691
Commercial Credit... 45}
11
Continental Can
474
Continental Of
341
661 681
Curtiss Wright (C)) 57 Cartiss Wright "A"
27 Distillers Corpn. Sea-
grams Douglas Aircraft
151
+
521
Baguio Gold.. 21
1
Du Pont
125,
128
Eagle Picher Lead if
Elec. Bond & Share 81
Elec. Bond & Share
38 p...
Gen. Electric 427 .* *431
::
$261
$8.40
35
#2{
36.80
H
Watsons
18.80
70% $106
H.E. Govt. 31% Low H.K. Wing On..........
$101
$50
S'hai Wing On ....
363
15
Gen Railway Signal 21 Glidden Co Goodrich (BF) ......
544 Goodrich $5 PL Gandyear Tire & Co. 27. Great Northern Iron
Ore
81-
Ch. E'tainmenté ....................... Constructions (old)...........) +1}
| Constructions (new).....?
$8.70 Lane Crawford..........
Nanyang Tobacco
$1.20 Binceres ******
CL/0.5%1920.#Bda. 61pH.K. GoL 4% Loan
360
#540 | Vibro Piling «tione 13/3Maramans Inv. (Lon.)
Maramana Lov. (H.K.),
70 at Wm. Powolls
"Sales to Shanghai
་་
81.60
#POLE
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
(British Wireless Service)
July 18
..... 178-19/64
21,521
12.274
23-11/16
July 18
178 11/64 21.509 12.284 (?)
938
Shanghal
*****New York
8-13/18d 4.93
Amsterdam
8.951
4951 8.95
Vienna
1421
1421
Helsingfors
2261
Bucharest
6721
Hong Kong
Bombay
1/5 28/32
Montreal
4.98
Brussels
29.13
1/2 31/32
4.92 7/16. 29.12
Yokohama
Sellers
Buenos Airba
18.08
Monte Video
201
2-27/32
Silver (Forward)
19).
Prague
Sulver (Bpół) War Loan
ON "LONDON S
19-5/16 31% 102 15/16
Closing Quotations
July 20, 1939.
Telegraphic Transfer... }} 1/87 Book Bills, on demand Credits, mantle tight
ON SHANGHAI ---
On demand
ON SINGAPORE
On demand
JAPAN
On demand
INDIA
Telegraphis Transfer. dank," ob demand
18.971
197
19. 5/16 31% 102-13/16,
Benguet Consol.. 10.30 Coco Grove.. 421.
Demonstrations, 28.
IXL., 85
San Mauricio. 48
Buyoc Consol., 17
United Paracales, 30.
Elec. Bond & Share
$6 pf.
THE EXCHANGE Gen. Motors
MARKET
MESSRS. ROZA BROS.
Silver prices rose 3/16 yesterday for both deliveries, the quotations being 19 1/2 for Ready and 19 5/16 for Forward. Silver advices reported the market as being steady with some bear covering. India bought. Later India again bought to a small extent but sel lers were disinclined to bld. Ameri-
Great Northern Rly, 22 Great Western Sugar 29 Grerhound
Corpn 15 Becker Products Int. Nickel
can Silver was quoted at 42 3/4 PHILIPPINE
for Spot.
The London-New York
COLE- rate was, quoted at 491.75. New York-London was quoted at 491.
5/8.
Quiet
MARKET
STERLING
U.S. DOLLARS
MINING NEWS
PILON GOLD. Mining Associa- tion is doing active exploratipri and prospecting work on its cop- per property in Talanib, Papaya, Batangas, with encouraging re- sults.
"There were sellors at 1/2 31/32 Erick Aminoff, mining engineer. July-October and 1/2 15/16 who is supervising the development November-January, buyers at 1/3 of the property has recommend Cash-October and 1/2 31/32 ed to the board of trustees that November January.
.* pe continue exploration, and pro- specting work which is a part of Sellers at 30 11/16 July and 30 his programme as submitted to the 5/8 August-September, buyers at 30 management. To date, the con- 3/4 Cash-August and 30 11/16 struction of tralis, houses and Beptember.
camps for labourem had been fin- SHANGHAI DOLLARS
ished. Sellers 166 3/4
SHANGHAI MARKET
7
KILOMETER 73 Mining Com pany, Inc. have reported that the
BANK OF CHINA DIRECTORS
Executive Yuan Appointments.
COMMODITY MARKET REVIEW.
(FROM PAYNE & CO.)
OCTOBER-DECEMBER
JANUARY-MARCH
SINGAPORE RUBBER
July 19 buyers sellers buyers sellera" change.
234
251 up. 254 251 261
281261 op -261 261 2070 271 up
Acting upon very steady conditions prevailing in London and New York the market opened of a cent higher for all deliveries as compared with Monday's closing quotations.
"Throughout the session the market exhibited a steady under- tone. Demand from principal consuming centres was fair, whilst good enquiry for trade and speculative "accounts was in evidence. but due to some reluctance shown by sellers to meet buyers' price ideas the volume of actual business passing at quoted Fates was rather small.
Closing tone was steady.
Hankow, Jaly 20. Upon the recommendation of It would appear that in estimating the future trend of the Rub- the Ministry of Finance Dr. H. B. ber markets, it is of great importance not to lose sight of the in- King and Messrs. T. V. Boons fuence of outside factors. It is well to remember that the price Chang Kia-ngau, Jian H. Chan, of Rubber is easily affected by the trend of business developments. Yen Tso-tang, Tang Shou-min, security markets, inflation rumours, political. tensions etc. Unmis- Is Han, Yeh Cha-tsang, Wang taxable indications of a general business recovery in the not far. Po-lun, Y. M. Chien, E. P. Chen, distant future coupled with a general, price-advance have become Chow Chung-liang and T. Lapparent in USA., and in view of these facts the present price-level Soons were re-appointed director of Rubber appears attractive for its long term possiblities. and, Messrs. Li Ming. Yu Yu-ching, Lin. Kans-hon, Tsurce Pel, Hau Chen-men, Chin Tru-tsch
and
3.63/04 sellers of sterling. V board of directors is considering Haleh Ming-haun as supervisors of sellers 18.13/22
905 Shanghai Factories Destroyed
SFOT OUT.-DEC. JAN-MARCH
LONDON RUBBER
Previous close
buyers sellera
7-9/18
7-5/8
Today's close
buyers pellers change
7-11/16 7-3/4
7-7/18 7-9/167-9/16 7-5/8
tentative proposals to have its are milled by the East Mindanao Min-the Bank of China at yesterday's ing Company. Hammon H. Buck, meeting of the Executive Yuan. secretary, said that the develop- Two new directors were appoint- ment work continues to show gooded in the persons of Messrs. Chang
Chun and K. C. Li, who succeed. Market, opened very steady in response, to New York cables and results.
Messrs. Liang Yu-jen and Yung little Continental inquiry. Subsequently, the market became quiet. Chung-ching.
Mr. Hammon declared that the 1:100 level is expected to be down 200 feet shortly. The estimated A total of 905 factories in suz- vaine of probable ore in the Lacan- bai were burned.to the gro dar dola claims le around 2578.550. ing the hostilities in the latter parts learned that samples of the of 1937, according to a special re- ore from both the Layong level port to the Sinwanpao. N. east deft, and the winze 600 are Those factories employed 30,838 being sent to the Engineering workers before the war.
Equipment and Supply Company. 2015/16† Those factories which were com- for metallurgical testing..
1-1 plately destroyed are:-
The Kilometer 73 is operating Cotton Spinning and
the property of the Lacandola Weaving Mills
Mining Company in Masepelid Placer, Burigao, on a profit-mak- ing basis. The development work
ON NEW YORK : ——
Bank Bille, on demand - 20-7/18 Credite, 60 days sight ON BATAVIA
Bank Bille, on demand 1,085 Creflita, 4 months' sight - 1,180
On demand
(pi
Or Pizia?
150 BOR.
OB SAIGO
On demand
OS MANILA:-
On demand
On Bangkok?—
Thet
On demand.********
Sovereign Noten "e
-toa
37498
Bank Buying Båto...... 1/2-1/16
tage "alivag, péz” NE
Printing IEM (
138 715
Foundry and, Metal Works 72
Chemical factorie Clothing
“Machine shops
Food and, tobacco Furniture shop'
Leather factories
Glass factorios
Ricksha' manufacturing
works**
Dr. H. HL. Fyng,” and Messra, T.
V. Soong. Chang Kia-ngan, "Jion
7-6/8 1-2/4 7-3/4 7-13/16
4.
NEW TORK COTTON
Trading was early inactive, but prices were steadier. largely in
H. Chen, Yeh Teo-tang Tang sympathy with the strength of the stock market and following on a gap min and Hau Kan vi con fair amount of Trade and foreign buying. Reports of general show- tinue to serve as members of the ers over the belt, caused fears of increased weevil activity and the standing committee of the Board market steadied further towards the close. of Directora (Central-News).
BEICHSMARK QUOTATIONS
Berlin, July 20.. The Reichsmark was quoted, is reported making good progress.without guarantee. at:
Scientific Apparatus and Muel
cal instrument factories (3 Others
21
In addition, some 1,000 small Chinese factories were destroyed and looted in the city during the hostilities
New York, 40.175. Paris, 1463.
Amsterdam, 72,97 to. 73.025.
London, 12.2525.
NEW YORK RUBBER
||
The market here reflected higher cables from the foreign mar- kets and the up-trend on Wall Street, while prices further strong- thened on mixed dealer: enquiry and commission-house buying. Finally the market quietened, with proat-taking retarding any further advance and, towards the close, prices declined on realising.
CHICAGO WHEAT
The strength of securities, the improvement of the foreign "mar- kets and diminishing receipts from the Bouth East caused early steadiness At the same time, the uncertainty of the farmers", atti- tude towards the Government loan, further favourable weather re- Paris U.S. Dollar, 38.21 to 38.22.ports and restriction of professional activity precluded any strong
Paris Sterling, 178.15 to 178.20
(Transocean),
advance.
521
58
22] 231
411.
242
191
131
3+
501
བྷཙྩཝཧཱäནྡཡྻཧཱུྃསོཡྻུནྡྷ ? aཚོË བྷཱཡྻཱཏཱ བྲཱཧྨཏྲྰཾཡྻུཏྟནྣཏོ བྲཱཧྨབྷཱཀྑཏོ ; དྷསྶུཊྛཱསྨཡྻཊྚསྶུཊྛོ, =ཊཿཡྻུཾབྷཱཎ
Libbey. Owens- Ford
GIBAS
431
443
Lockheed Aircraft
141
142
(THROUGH REUTER'S SERVICE)
5+1
561
New York, July 19.
Prev. Today's
281
261
High Low
Close Close Change
Rob-
New York Cotton ........ October,
8.66
9.62 8.75
, dias, $3 pl.
8.71 .09 up.
341
35
Monsanto' Chemical 921
New York Rubber
Sept.
901
Montgomery Ward –
481
Chicago Wheat
Sept.-
15.70 71
15.54
15.64 * 15.54
unch.
701-
701
70골
# up
481
Nat Dalry Products 15) Nat. Distillers
Chicago Corn "..
151
22
.234
Winnipeg Wheat
Sept. October
B01 591
604
501
# of
771
.77
*787
77+
up
Nat Power & Light 71 71 Nat. Supply Corpn. 201. New York Central ... 191
201
20-"
North America · Co. - -327 Northern Pacide
231
NEW YORK COTTON
TA
12
124
Close
Opening
Closing
Change
Pacific Gas & Elec
28
283
Padic Lighting
40吋
41 1
October
8.62/63
8:67/68
8.71/71
,09 up
Packard Motors ......
51
54
December
8.70/70
8.76/78
8.78/79
.08
Paramount Pictures 123
13
January
(1939)
8.71/71
8.80/80
* 8,80/80
09 up
Pennsylvania RR. ... 211
22
March
}
8.76/76
8.84/84
8.55/35
.09 .pip
Phillips Petroleum- 434
441
May
8.80/80
8.86/86
8.89/89
.09
up
Public Service of NJ. 91
311
July
}
6.90b/90a
8.92 N
Fire ou
13
131
Spot
8.72
8.81
.09
da
Radio Corpn. of Am.
71 71
NEW YORK RUBBER
Republic Steel
197
201
Reynold fobac. "B"
42
424
7 Schenley
i 101
191
Schenley. 51% pfa...
751
75*
September December March
15.54/54 "15.65/68
15.54/54
unch.
15.87/60
15.80/79
15.67/68
unch.
די'
++
15.78/78
15.90/89
Sears Roebuck
.....
717
74
May
15.84 A
15.73/74 .05 of 15.79/79
05 of
Shell Unton Oil.
18
181
Sales for the day-
2,760 tons.
Socony-Vacuum O15
153
Southern Pacife 171
191
CHICAGO WHEAT
Southern Bly $5.pid. 18)
192
Standard Brands
84
82
July
691/601
091/69%
Stand Gas Elec.
4..
43
Standard Ol of N.J. ' 35%
September ... December
701/70-
702/70!
702/70)
574
713/734
723/721
724/728
€85
Stone & Webster 101 103
101
101
Monday's Sales:—
22,091,000 bushels,
Swift
International 23
273
CHICAGO CORN
Technicolor
231
231
Texas Gulf Sulphur 331
347
July
582/583
581/681
Briggs" M'facturing 23
307
September
601/601 601/60;
591/599
Elec. Power & Light
December
Si pt......
413
43+
Gen America Trama 48
482
501/597
WINNIPEG WHEAT;
593/591
584/583
* off
N. America Aviation 101
101
July
08/98
20th Cent. Fox. Filma 281
do.
261
October
781/781
774/771
Films pi....
354*
38
December
751/751 754/751
14. up.
77/77+ 751/751
1 пр
up
97
Union
Carbide
&
Carbon
82
85
Union Pacific........ 82
261
September
United Aircraft ........... 231
281
NY Silver. Official
NEW YORK STRAITS TEN
43.35/36 43.305/500 42-3/4
United Airlines Trans 10)
11
NY-L'don Cross Rate... 492-1/8
43.45 Nom. 42-3/4
4.91-5/8
United Corpn.
31
31
United Corpå. $3
cum. pl. .....
324
334
United. Gås" Corpn.
41
4+
Un. Gas Iprovem❜t 103
101
U.S. Rubber
421
442
U.S.-Rubber pf. ................. 821
84
U.S. Steel
82+
Vanadium
191
-201
Warner Bros. Pict.
7%
8
Westinghouse Elec. 1023
1041
Woodward Iron Cor. 181 20
Chase National Bk. 34 ►
337*
July 18
National City Bank 281*
273+
Call Money
1%
* ex div
1% bid..
SPOT
25