jéum.4. } $1,810
ex.div. £99
Su
was
£28
£13
$80
*!!
#240
$495
Underwriters situerent
$219
H. Fires*********** Shipping
kat
380 124
93/14
Shella........
V'storboats
Mining
15/3. KailanR
Reube
11:20
$497
39
1910
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers Association
Buyers
Jalee Filera
Ni!
„TUESDAY,
JULY 26.
Buyurs Salore
Saloe
Nomina!
▸
£90 lor.div.
฿35
Ranks
$1,515 cum.d. H.K. Banka
Do. (London) 2117 Chartered Banks .... Marcantile Bka. “A”
£13 Marosatile Bla "C"
Bank of East Asia...
1988
N. C. & 8. Banka......
Insurances
Union Insurances Ka
Canton InsuraİSCO...................
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices rose 3/16 yesterday for both deliveries, the quotations being 18 13/18 for Rendy and 19 11,18 for Forward, Suver advices reported India as having bought.
The Sellers were scarce.
market the market steady, Later reacted on offers from America. Buyers. however, were not inter eated. American Silver was quot ed at 42 3/4 for Spot.
The London New York cross- rate was quoted at "492.25. New York-London was quoted at 493.
FINANCE
NEW YORK STOCK
EXCHANGE
1938
(Through Router's Service)
QUOTATIONS
July 26, 1938.
High Low Dow Jones Averages July 23. High Low Close Chang
14491 98.95 30 Industrials.
$2.77 19.00 2 Raila
22.65 15.14 so Utilities...
89.70 83.39 40 Bonds
42
14094 30,58
148ST 144.23 14491
30.77 30.06 30.14
Ba 9251 91.89. 3206 20.51
64.99 4.03 11 Commodity Index unquated
90,53 40.91
.67 ap 24 of ,09 up .39 up
Business Dono:—$110,000 shares.
STOCKS
Last Sale
STOCKS
Last Sale
July 23-25
July 13 25
Adams Express ......
121
127
Alleghany Steel Co., 19
201
Great Western Sugar. 281 29 Greyhound Corpn. 161
∙182
:
Allis Chalmers
531
521
Becker Products ... B..
81
Amer. Can
99
1001
Int. Nickel
-།་
621
512
Amer. & For. Power
47
Int. Tel & Tel. ......
101
10-
Amer. & For. $7 pl.
29
231
Kennecott Copper... 423
43+
1/
Amer. Locomotive ...
231
24
Libbey- Owens- Ford
"New York. July 25:
WEDNESDAY, JULY 27, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE).
Prèv. Today's
870
MARKET
Amer. Metals
374
361
Glass
$47
481
High Low Close Close Change
Douglas...
8218teamboata ...................................
Indo-Chinas (Prol.).--~
Indo-Chinas (Del.).
420
Quietly steady.
Amer. Radiator.....
161
16
Lockheed Aircraft
14*
141
New York Cotton'
October
891
8.77
8.82 8.77
05 of
#
1.
$81
STERLING
Amer. Rolling Milli
212
*121
Loew's Inc. -***
504
40%
New York Rubber
Sept.
16.21
15.95
15.35
18.08
23 up
#24
93/17
No business was reported. There were sellers at 1/3 July-September | Amer. Sugar Ring.
Amer. Smelting ....
521
Martin Glen Inn
203
27
Chicago Wheat
Sept.
691
671
70.- 68
100
29
291
McKesson &
Rob-
Chicago Com
Sept.
577 561
50.
53#
24" off
15/-
$6.80
39
Venezuels Gold Fids.
8 cts. Hong Kong Mines......
Docks, WEAVEN,
$9.80
13
and 1/2 31/32 November-Decem- Amer. Tel & Tel. ber. "buyers at 1/3 1/32 Cash- Amer. Tobacco "B" 86
November. Amer. Waterworks .... and 1/3 September
1401
1412
pins, $3 pt.
35 *
35
Winnipeg Wheat
October
771
781
782
76)
2
DI
861
Monsanto Chemical 901
<90)
12
12+
Montgomery Ward ...
"
483
49"
possibly October.
Godowns, ets. $132 H.K. & K. Whares...
"
$3.40
$3.45 3.375/40
$21
$20
320
Providopis (ald)........ Pravidante (new)....... H.K. &W. Docka....
(new).......... Do.
$3.56
$3.40
$3.421
121 $20
$106
15.05
::
$115 Shanghai Docka 8. .... 13.99 New Engineerings B.
Lands, Hotels, and Buildings
...
H.K. Hotels........... H.K. Ladi........... Do. 4% Debentures
48.40 Shanghai Lands 8.
H.K. Equities wit
$9,35 Humphreys mine
10 Chinese Retates...............
Cotton Mills
$16R(B)
#838' Cottons (8.) ...........
ii
$117) H
$4.85
6.85/70
$1207
U.S. DOLLARS Bellers at 30 3/4 July-August. possibly September and 30 11/16 October-November, buyers at 30 1316 Cash-September and 30 3/4 October-November.
SHANGHAI DOLLARS
·Selleri at 166 1/8:
SHANGHAI MARKET Sterlin. sellers at 9.1/64. U.S.3 sellers at 18 1/2.
Anaconda Copper Atchison, T. & 9. Fe. Auburn Motors... Baltimore & Ohio... Barber & Co.... Barnsdall Of .......... Bethlehem Steel .... Boeing Airplane Co. Borg-Warner ..... Briggs M'facturing.
374
371
NaL Dairy Products 157
16.
401
391
Nat. Distillers .......
251
44
41
Nat. Power & Light
7
71
NEW YORK COTTON
Close
Opening
Closing
Change
101
10
Nat. Supply Corpn. 22
218
October
8.82/83
8.89/80
8.77/77
.05 04
223
221
New York Centru...
211
201
December
8.91/91
6.97/96
8.84/84
.07. of
201
201
N. America Aviation 101
104
January
(1939)
8.93-N
8.98/98
8.86 N
,07% of
621
** 61%
North America Co: 231
23*
MarchTM
8.95 N
9.03/02
8.20/91
.08 of
30?
301
Northern Pacific...
141
14
May
>
9.02 N
9.06/02
8.95/95
.07 of
321
321
Pacific Gas & Elec
381
28
July
** }
$.05
9.11/11
9:00/00
06. oft
318
33
Pacifc Lighting
411
41
Spot
8.92
8.37
.05 off
Brooklyn-Manhattan
Trans.......... Brooklyn-Manhattan
Packard Motors....... '''
કં
117
112
Paramount Pictures 111
11
NEW YORK RUBBER
Pennsylvania RR
23+
221
$361
$108
$5,80
11
$0.30
587
Zoong Sings (8) ****
$42
Wing On Textiles (8)
Public Utilitie
$17.55 817.85)
Tramways
到
Peak Trams (old)
181
Peak Tracau (wit).................
$30
3241
Pati Vertice C.R.$
Sjar Forries***
$231
Da.
(DEW)
$17.80
*24 $791 125.35 $94.55
$16.10 $700 $24 $12
STERLING
The market closed with sellers at 1/3 July-September and 1/2 31/32 October-December, buyers at 1/3 1/32 Cash-September and 1/3 November-December.
U.S. DOLLARS Sellers at 30 3/4 July-September and 30 11/16 October-November. buyers at 30 13/16 Cash-Septem- ber and 30 3/4 October-Novem- ber.
$6 cum pf: IN THE AFTERNOON The market was
quiet in the Case. J.I.
Canadian Pacide afternoon.
Chesapeake & Ohio 35 Chrysler Corpn. Columbia Gas & EL Columbia "A" DL 68 * Commercial Credit. 47′′ Commonwealth & 8. Commonwealth & 8.
8% cum pf. ... Consolidated Edison 293 Consolidated On Continental Çan
34 *
33
Phillips Petroleum.
43
431
September
15.85/85
15.95/18.04. 16.08/08
T
Th
Public Service of N.J... 31
31
December
15.95/95
16.13/22
18:15/20
105.
104
Pure Off
13
131
March...
16.03/04
$4+
Badio Coren of am 71
71
May
16.09/09
16.45/42 18.28/30 16.32/34
ហ៊ុនឌ
20
23
.23
731 8
741
Republic Steel
201
201
Sales for the day:-
4.580 tons.
81
Reynold Tobac. "B" 44
44
622
Scheries
201
211
CHICAGO WHEAT
49+
Schenley, 51% pid...
751*
78 *
11
13
Sears Roebuck
742
75)
September
691/69)
shell Union Oil
*137
18-
December
711/711
681/69 11/71
68/671
43 *
43
Socony-Vatuum Of
151
151
May
737/737
70/701 721/721
담당팀
29%
Southern Paclic
217
201
Saturday's Sales:--
14.218,000 bushels.
101
101
Southern Bly $5 pfd.
31
201
•
481.
474
Standard Brands
81
83
Continental Oil.....
352
Stand Gas & Mec.
44
41
$11
China Lights jold).....
$11.20
Corn. Products
69+
681
Standard Olof N.J. 581
翩
China Lights (new)..............
$8.
Curtiss Wright (C.)
51
St
Stone & Webster 113
114
[K.K. Electrics.
ப
381
$201
31
$18
Macao Electrica
A.
K. STOCK
Cartiss. Wright "A"
232
241
Bwift Internationa, 284
291
CHICAGO CORN
September.... 58
December May
581/581 571/571
-561/561
11 off
4
57/6TH 50/60
561/581
551/554
It of
14
581/581
198
26
Tractions
$14
$18,60
37
$7.10 $61/80
++
$7,20
360
7 20/25
Sandakan Laghia
Theption (old),
#9.60 Talaphoner (new).......
16 Tractions (praf.) «ere
Cald, Mang (Ord.)
$14 Cd., Magg, (Pral.) B
11.70 Canton loss
Cematila
$4.60 Rope
Consolidated China Prov. (old)................... Chins Prov. (new)......
"VESSEGURA GDES
$8.30
126) Dairy Farms jóia
Ch. E'tainmentā ................. Constructions (old).....] -1} Construction (26W)....... $8.70 Lane Crawfords.........
Nanyang Tobacco......
$3.20 Sinceres`.....
87
Watsonia ......PARTE DIN CH Ch.0.51925G.Bda
Spa H.K Govt. 1% Logas.
H.K. Qort. 31% Loans H.K. Wing On.......................... B'hai Wing On.....
$5.10 Vibro Piling ........
$7.16
Distillers Corpn. Se-
Téchnicolor
218
22
SIT
9.80
grams
161
187
Texas Gulf Sulphur 351
361
WINNIPEG WHEAT
1
EXCHANGE
Douglas "Aircraft
53)
53+
20th Cent. Fox. Films 25
241
91/6
Du Pont
130
1304
do. Films pl....
331
341.
July
1011/1011
997/997
October
773/771
D
Eagle Picher Laad 12
113
Industrials
$1.60 $18.85
YESTERDAY'S
OFFICIAL QUOTATIONS
Slee: Bond & Share
91
91
Union Carbide
Carton
&
December
761/781
77/771 757/751
761/761
명병
27
Elec. Bond & Share *.. $5 Dr.
Union Paclac mauri
98
*861 ::
***
The
market remains quietly
............. 533*. 534* Elec. Bond & Share
$6 pt.
United Aircraft
281 291
NEW YORK STRAITS TIN
ܕ܇
United Airlines Trans 103
11"
September
571*
59
United Corpn.
31 31
NY Silver, Oficial
"
steady.
37.10
1 1
1 say
BUYERS
H.K. Bank (Lond), £80 ex. div.
Elec. Power & Light
st pl. Fifatkote
14
United
Corpn.
$3
NY-L'don Cross Rate... 492-7/18.
43.85 nom.
43.60b/44.00a 43.85 N.
42-3/4
42-3/4 4.92-1/4.
421
43
cum. pf.
33 331
231
23
United Gas Corpn.
4
41
Gen. America Trains, 49
504
Un. Gas Tprovem't
197
10%
$961
Union Insurance... $495.
Gen. Electric
43
431
U.S. Rubber
45+
461
$61
Union Waterboats, $9. H.K. Docks (New), $20.
Gen. Motors
43+
431
U.S. Rubber pí.
831
841
Gen. Railway Signal 24
34
U.S. Steel
621
621
Providents (OM), $3.55.
Glidden Co.
25
25+
Vanadium
204
int
Providents (New), $3.40. Raubs, $9.80.
Goodrich (B.F.)
213
23
Warner Bros. Pict, ...
7"
ཏུ་
Goodrich $5 pf. .....
58+
591.
Westinghouse
Elec. 105
1051
67%
$106
Venz. Goldfeld, $3.
H. and B. Hotels, $6.65. HK Lands, 5301.
Goodyear Tire & Co. 23
281
Woodward Iron Cor. 211
21
Great Northern Iron
Chase National BK. 331*
331*
Ore
141
141
3101
$60
ez.div.conrd.
HK. Lands, 4% Deb., $108." HK Realties. $5.85.
Great Northern Rly. 25
241
National City Bank 27271* Call Money
July 23
July 25
1
1%
t.ex. div.
• "bid.
SPOT
13. Marsmans Inv. (Lom.) Maramans Inv. (H.K.)
OCTOBER-DECEMBER JANUARY-MARCH
28 271 271 271 271
כנן.
70 ota Win Powells ........
*Bales to Shanghai
190 cta.
LONDON EXCHANGE RATES
(British Wireless Service)
July 22
H.K. Tramways, $17.55.
Peak Trams (Old), 38j. Y. Ferries (Old), $244. Y. Ferries (New), $24.15. China Lights (Old), $11.. China Lights (New). 38." HK. Electrics, $601..
Cements, $16.80.
Watsons, $.20.
PHILIPPINE
MINING NEWS
TINAGU CONSOLIDATED pro duced P8,515 during June from 1,- 288 tons of are treated, officials of Nielson and Company, managers of H.K. Govt. 34% Loan. 1% pm, the operation, announced recently.
Entertainments, $64.
Constructions, $11.
Marsmans (HK). 2/6 Consol. Ch. Prov (Old); $7. Consol... Ch. Prov. (New), $6.80.
SELLERS
Canton Insurance. $240. H.K. Tramways, $17.65.
July 31
Pis
178-13/64
178-11/64
Geneva
21.481
21.491
Berlin
12.247
12.25
Athens
Milan
93-7/13
931
Copenhagen
Stockholm
Shanghal"
8-13/18d 4.913
91
8.95-1/16
4.921 8.93€
Providents (Old), $3.55,
Y. Ferries (New), $24.30..
1417 2261
Bucharest
670
Hong Kon
1/2 31/32
Bambay
Montreal
." New York
Amsterdam
Vienna
Prague
Helsingfors
Brussels
Yokohama
Sellers Buenos Aires
Monté Video
Rio
Silver (Forward)
Silver (Bpot> War Loan
DON LONDON :—
1/5 29/32 4.93-7/18 29.081
18.94.
4.93-9/16. 29.11
204 2-27/32
198
194
191
191
31 203.
Closing Quotations
~July 26,-1989.
Talegraphic Transfor... List Bank Hills, on demand
17 Credits; 4 months' light 1/3)
ON SHANGHAI:
On demand
ON BINGAPORE : —
On demand
*JAPAN ***
On demand
EX INDIA
Telegraphic Traboules bank, on demand
Ow. New ToRK: ---
** Bank Bülls, on demand 20)
Credits, 60 days', zigih 31
ON BATAVIA:
On demand
ON PARIS-
- 500
Bank Bills, on demand 1,095 Credits, 4 months' right 1,180
ON MANILA:
SALES
HK. Electrics, $81. Watsons, $7.20/25.
Consol Ch. Prov. (Old), $7.10. Consol, Ch. Prov. (New), $62/80, (Prices below in Phil. Currency)
Atoks, ..31
Antamoks Ps. 41
Bagulo Gold, 21)
Benguet Consol., 11.20
Coco Grove, 44
Consolidated Mines, 004 Demonstrations-29
LTL 67
San Mauricio, .52'
Buyoc Consql, .18
United Paracales, 331
AIR SERVICE TO
RUSSIA
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE BUBBER
buyers sellers buyers sellers change
201 284 281.
27 271. 279 28
The market opened of a cent higher for all deliveries as compared with Saturday's closing quotations.
Throughout the session the market displayed, a steady under-.. A daily air service between Croy- tone. Demand for spot Rubber was fair, whilst very good enquiry for, trade and speculative accounts was in evidence. The fact, that don and Moscow began recently.
The Swedish Air Lines' have just Rubber Exchanges in London and New York were closed on Satur- signed an agreement with the So-day last, as usual during the summer months, did not affect the the only passenger service at the gister ah advance of cent for all deliveries. Pront-taking was viet Government to operate this, market, but subsequent further spheral buying caused prices to rep SYNDICATE INVESTMENTS, Inc. moment between England and easily absorbed by trade-buying and after a fair volume of business Stockholders at the annusi meet-Russia One' the outward journey having been transacted on the basis of the higher price-level, the ing held recently elected Jose passengers will stay the night at market closed with a steady undertone." Ozamizna a new member of the8tockholm.
A meeting of the International Rubber Regulation Committee
board vice Dr. R. H. Walker of Ba- They will leave London at 9.50
important statement will be issued. gulo, the other directors, re-elected, a.m. Stockholm at 9 the following will be held on Tuesday, 28th inst, but it is not anticipated that any being R. C. Staight, chairman and morning, and reach Moscow at 6 president: E. W. Staight treasurer, p.m.. The return journey will be
F. F. Clarke, and J. R. Herridge.made in one day, The report and balance sheet of the
Passengers will leave Moscow at. company for the past year were 8 a.m. "and arrive at Croydon at the 10 p.m. Douglas and Junkers air- by unanimously approved
craft will be used. The fares are: shareholders.
Single. £27, 178.; return 250 39."
AMALGAMATED MINERALS an-
SPOT OCT.-DEC. JÁN.-MARCH
LONDON RUBBER
Previous close buyers
Today's close sellers. buyers sellers
change"
700
7-1/2
7-5/8
7-3/47-13/16 TITLE S 7-13/187-15/16 8-1/16
...:7-11/16-7-374
7-3/4
up 1/4
Up 3/16 up 3/18
Market firm and active with speculative and some trade buying
nounced recently the resignation of The "Provisional Government" in W. B. Sheppard, vice-president and Peiping has decided to take over being in evidence. general manager, effective July 11, 1938. The management of the company has now been shifted en tirely from its original organizer to a group of leading International Stock Exchange members. Id. Co colluela, president of Amalgamated. is also president of the Interns tional,
all pawnshops in North China, Rubber atocks held in the United Kingdom showed an increase states a dispatch to the Bin Wan of 24 tons for the week ending July 25, 1938. Pao. The Ministry of Industries of the Peiping regime. It is stated. has ordered the pawnshops, to
The offices of Amalgamated were moved some time ago from the A.K. SHAREBROKERS' Wendt headquarters to Mr. Co
cuelia's offices in the Brias Roxas Building.
ASSOCIATION
BUYERS
Providents Oiar","$3.55. Providents (New), $3.421.
Hotels, $8,70.
Lands. 16.
ON SAIGON
Realties, 85.85.
On demand
108.
Star: Ferries, $79).
-Watsons, $74.
On demand
#11
ON BANGEDES-
100
On demand ni
1499
Sovereign Notes
... Bank Buying-Rate...mm 1/2-1/16
1676 Ra Silver, për os, sinin 19 13/10
Antamoks, 67 cts.
BARRALES
Providents (Old), "$3,55.-
Star Ferries, 9791) Electrics, $81,
REICHSMARK QUOTATIONS Berlin, July 28, The Reich.mark was quoted without" guarantee at:
New York, 40.18
Paria, 1455.5..
Amsterdam, 73.05
London, 13.25. --
NEW YORK COTTON
Prices opened higher on better Liverpool advices and reports of form a merger and pool a total week-end rains over the belt and advanced further on the strength Investment of $5,000,000, against of securities and general evidences of business improvement, Finally, which the "Joint Reserve Bank in the market reacted on selling by early buyers and on liquidation North China will invest arinther
$5,000.000. When this is effected, and prices closed barely steady. says the message, the bawnshops| will no longer conduct their busd-
NEW YORK RUBBER
ness on a private commercial basis, The market reached a new high for the current session In sym- but will come under strict state pathy with the recovery in London: the action of the stock market 'control, details of which will be and commission-house demand. General buying orders absorbed. fixed at a conference to be called profit-taking and dealer selling. Later there was some evening-up by the Ministry some time in Sep in anticipation of Tuesday's meeting of the International Rubber tember.
Committee and prices levelled off towards the close.
Commodity prices in Pelping have registered a rise of about 150
CHICAGO WHEAT
Hedge pressure and Hquidation, following on lower foreign ad- per cent. ss compared with the price indices prevailing there last vices, were the main factors in today's easiness. Beneficial rains year. The articles whose prices are reported from Canada, while consumer demand continues lack- have soared midst sharply include ing and there is an absence of condence on the part of buyers. Paris US Dollar, 36.1575 to 36,165 vegetables, coal, chickens, eggs, There are prospects of a record world production and a heavy
Fry(Transocean) | Üshy and matches,
Paris Sterling, 177.95 to 178.05
movement of the Spring crop.