1938
ex.div.
£12
$495
$1,510 cum.d. H.K. Bank, ami
Do. (London) karena
Chartered Banks ....
L13 Marcantile BKK "C" $88
Bank of East, Adis ... N. C. & 8. Bank.....!
Insuraseen
Canton InsuraBOOS......... Unioa InsurESCOE ................ Underwriters serverness
3219H.K. Fizon ..........
228
Marcantila BES.
"A"
!!!!!!!
STOCKS
41
444
£13 $88
iii
$220
The London-New York cross- New rate was quoted at 492.31. York-London was quoted at 492.
$4871
5/16
Adams Express ******
124 Alleghany Steel Co. Allis Chalmers ........ Amer. Can
Amer. & For, Power
$3
MARKET
3310
Steady.
Shipping
IL
$75
STERLING
180
Doagla
$30
#21
Steamboats ...................
201
$80
Indo-China (Prof.)....
184
Indo-Chinas (Def.}......
$24 9341"
91/1Shella ....
18
Waterbosta
No business was reported. There were sellers at 1/3 July-October and 1/2 31/32 November-January, buyers at 1/31/32 Cash-September and 1/3 November-January.
Mining
21; 513 Amer. Sugar Ring.. 281 Amer. Tel. & Tel
143
Amer. & For. $7 pt. 221. Amer, Locomotive... 23 amer, Metals Amer. Radiator... 161 Amer. Rolling Mill... Amer. Smelting
PAGE 12–HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
FINANCE
Sharebrokers' Association
THE EXCHANGE MARKET
NEW
YORK STOCK
EXCHANGE
THURSDAY,
Buyin
Sales ellers
Namin C
Buyers Sellers
Bales Nominal
JULY 28.
Baskı
MESSRS. ROZA BROS.
Stiver prices dropped 3/18 yes
both deliveries, the terday, for quotations being 19 7/16 for Ready and 19 5/16 for Forward. Silver advices reported some general sell- ing. There were hardly any buy- The market Was steady. ers. 2111
American Silver was quoted at 42 3/4 for Spot:
Joum.d.] $1,610
ax.dir. £35
(Through Renter's Service) QUOTATIONS
July 26
July 25, 1938. High Low Close Cang
14403 139.99 140,24 2,09 of 29.67 28.01 28.48 1.39 off 21.88 20.47 20.72 1.00 off
·00.14. 47 alf
49.11 .07 ap
FRIDAY, JULY 29, 1938.
PAYNE & CO.
k
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
Prey. Today's.
High
Low Dow Jones Average (44.91 88.95 $0 Industrial>
33.77 19.00 20 Raile 27.83 18.14 20 99.70 83.39 40 Bonds $4.82 45.03 11 Commodity Index
143.83
19.87
Utilities
31.79
90,61
49.06 Business Dona:—1,970,0,v shares.
Last Sale July 26 77
STOCKS
Last Sale
July 26 27
Great Western Sugar
281
231
191
Greyhound 187
Corpn. 18
153
521
504
Hecker Products
140
74
99
97
Int. Nickel
.601
49%
41
Int. Tel, & Tel. '..............
91
91
21
Kennecott Coppar...
421
41}
213
Libbey-Owens- Ford
New York. July 27.
High Low
357
35
Glass
461
15
Lockheed Aircraft,
14+
137
New York Cotton
October
201
*****
28 141
Loew's Inc. ............... Martia, Glen L. ..... 491
Rob- McKesson &
bina, $3 pt. 35
431
48
New York Rubber.
Sept.
8.67 8.56 18.48 16.10
. 8.69
Close Close Change 8.66 .03 off 15.93b 16.30b 37 up
261
247
Chicago Wheat
Sopt.
681 671
'677
.671
קט !
Chicago Corm
Sept.
571 561
STA
571
i up
341
Winnipeg Wheat
October
75%
701
up
15/
15/0
Kailans
$9.80
+
19,80
Venezuela Gold Fide
$3
毅
(a) coa)
Hong Kong Mines.
Docks, Wharves,
Godowns, ets.
$1297
U.S. DOLLARS There were sellers at 30 3/4 July-October and 30 11/18 Novem ber-December. buyers at 30 13/18
30 and
3/4 Cash-September November-December.
Amer. Tobacco "B" 86
861
Amer. Waterworks... 11}
111
Monsanto Chemical 897 Montgomery Ward...
894
473 451
Anaconda Copper
381
351
Nat. Dairy Producta 161
151
Atchison, T. & 8. F.
38
361
Nat Distillers......
25..
241
NEW YORK COTTON
Close
"Opening Closing
Chẳnge
Auburn Motors
AVANTA
+1
42
Nat. Power & Light 7
October
8.69/69
9.66/66
8.66/67
30 of
Baltimore & Ohio....
91
91
Nat Supply Corpn. 211
197
December
8.75/76
8.75/75
8.74/15
NO TO
::
$3.45
$3,60
3.65/67/1
321
310
$107
$36
30.90 $8.80
112 H.K. & K. Wharves
H.K. & W. Docks...
Du (DOW).........
$115 Shanghai Docks 8. 13.99 New Engineerings 8.
Lands, Hotels, and Buildings
1.E. Hotels.... H.E: Lands.......9. Do. 4% Debentäres
9.40 Shanghai Lands 8.-
5.35H,K. Ponition
$0.35 Humphreya ......................
10 Chinese Estates
Cotton Mille
$16 Ewas (S.)......
$3.55
Barber & Co.
Providenta (old)...........ït..
SHANGHAI DOLLARS
217
201
New York Central. 201
182
$3.45
Barnsdall Ou.....
201
191
N. America Aviation 104
92
January
(1939)
... 8.78/78
8.76/78
8.78/76
02 off
Providents (new).......
121
Sellers at 167 1/4.
Bethlehem Steel"..... 601
581
820
SHANGHAI MARKET
Boeing Airplane Co. 30J
29
#115
$3.95
Sellers of Sterling at 8.15/16 US$. sellers at 18.11/32.
| Borg-Warner
324
301
North America. Co. 321
13 Northern Pacific... Pactic Gas & Elec, 27
21.
March
8.83./83
8.82/82
881/81
,02 oft
12
May
9.87/87
8.85/84
8.84/84
.03 off
יי
201.
July
}
8.90 N
8.87b/89%
8.87 N
.09 of
Briggs M'facturing- 33]
313
Pacific Lighting
+1
40
Spot
8.97
8.76
.03 of
$6.70
!!
$36)
$108
35.85
38.30
Ti
$18.3) $87)
E
881
$24
$11.15 し
$604
918
Macao Electrics
€91
"{'perw}}}
Chias Lights (old)......
China Lights (new).....
H.K. Electrics ......
Sandakan Lights
3262 Telephone (old).......
TelephonOS (DOW)................
25/3 Tractions ...............
$87
18'ha: Colons (8.) ...........
$97
Zoong Sings (8.)
$42
Wing Oa Textiles (8.)
Public Utilities
817.85 $17.56
$17.65
Tramways..................
Peak Tramus (old).......
$31
Peak Trans (new).........
*3
$80
Star Ferries
1794
Y'mati Ferries C.R.S
Do.
$25.30 $24.50
$11,201
飘
IN THE AFTERNOON
The market continued steady in the afternoon.
STERLING
The market closed with sellers at 1/3 July-October and 1/2 31/32 November-January buyers at 1/3 and 1/3
1/32 Cash-September
November-January.
U.S. DOLLARS The market closed with sellers, at 30 3/4 July-October, and 30 11/16 November-December, buyers at 30 13/16 Cash-September and 30 3/4 November-December.
Brooklyn-Manhattan
Packard Motors
51
Trans.......
111
102
Paramount Pictures 114
100
NEW YORK RUBBER
Brooklyn-Manhattan
Pennsylvania R.R....
2
211
September
... 15.93b/86a
16.40/48
16.30b/34a
37 up
$5 cum. pl. Case. JI.
34
321
Philips Petroleum... 423
'424
December
16.03/04
16,55/44
16.42/43
.39 up
7
63
Public Service of N.J.
31
30
March
16.13/13
16.55/56
16.48/49
.33 up
Canadian Pacific... 1024 Chesapeake & Ohio. 331 centre 723 Chrysler Corpn. Columbia Gas & EL
11 Columbla 6% “A” pl. 68 Commercial Credit. 483 Commonwealth & 8. Commonwealth & 8
100
Pure Oll
123
.12
May
16.18b/201
16.55/55
37 up
*311
Radio Corpn. of Am.
73
7
691
Republic Steel
20
19
Sales for the day
4.850 tons.
72
Reynold Tobac. "B"
431
*21
"
671*
Schepley
21
20.
CHICAGO WHEAT
47
Schenley, 5% pfd...
Tâl
75
September
17 "
11
Sears Roebuck
7737
тож
December
677/671 691/691
671/671 693/70
Shell Union Ol.......
173
171
May
..: 721/722
671/881 701/701 727/13
כג
up fup
13
6% cum pt......... 41 Consolidated Edison 291 Consolidated Of
40
Socony-Vacuum O!!
151
141
281
Southern Pacific
201
181
Tuesday's Sales:---
22,456,000 bushels.
101
101
Southern Rly $5 pfd.
194
18
Continental Can ..... Continental Of
461
461
Standard Brands
81
| CINCAGO CORN
354
34
Stand Gas & Elec.
43
41.
September
57/57
562/561
571/378
$61
$27
$9.80
24/6
261
Tractiona. (jired.)
Industriais
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL
Com. Products ...... 691
63
Standard Oil of NJ.
574
50
***
December...
357/55+
55/541
35/554
Curtiss Wright (C)
51
SA
Stone & Webster
111
101
May
58/58
57/57!
1 от
Cartiss Wright -"A" - 231
*3
Swift Internationa: 29
23+
Distillers Corpn. Sea-
Technicolor
221
23
WINNIPEG WHEAT
i
grams
181
16
Texas Gulf Sulphur
351
341
Douglas Airëraft
53+
503
20th Cent. Fox, Films 241
July..... 241
917/941
Du Pont
129
1261
do.
Films pl....
33 *
321
October
751/751
741/751
December A
741/741
731/731
93/93 761/761 742/744-
12 off
55.9
Eagle Picher Lead 11
101
Union Carbide &
Bec. Bond & Share
91
*8
Carbon
863
831
NEW YORK STRAITS TIN
814
Cald., Macg. (Ord.) 8.
$14
Celd, Mang. (Praf.) 8. |
QUOTATIONS
Elec. Bond & Share
Union Pacific
85
831
$5 DL
541
531
United Aircraft
201
281
September.....
43.85 N.
43.60b/44.10a 43,80 N.
81.80
$1.70 Centos" lces .....................
$18.70
$6.90
::
890/05
128
$8
***
H
Watso
67
850
H.K. Wing On ..........
1
$7.20
Cerunte....
$450 Ropes
Consolidated
China Prov. (old)...................
China Pray. Dew)......
Miscellancou
Dairy Farms
Ch. E'tainmenka ......... 581
Constructions (old)...........) $1}
Construction (now)....
$8.70 Lane Crawford........
Nanyang Tobacoo
$1.29 Sincera ..................
01.p
CHG.6519250.88da.
H.X.
Gers, 4% LoanS
H.K. Govt. 31% Licens
B'hai Wang
On
#10 Vibro Filing
13/- Marsmana Inv. (Lož.)
Marsmans Inv. (H.K.)
70 eta Wm. Powell
$18.65
34
The
market tended to be selective.
was steady, but Elec. Bond & Share
United Airlines Trans 101
101
NY Silver, Official
.... 42-3/4
$6 pt.
591
Elec, Power & Light
United Corpn. ............... 571
United
31
31
NY-L'don Cross Rate... 4.92-5/8
42-3/4 4.92-5/16
Corpn. $3
37.10
BUYERS
.$7.pl.
412
381
cum. pf............. 33
321
$6.50
H.K. Bank (Lon.), £90 x.d.
+1
Hintkote
234
22
United Gas Corpn. - 41
44
Union Insurance, $495.
Gen. America Trans 50
491
Un. Gas Tprovem't 193
107
$261
Union Waterboats. $9.
Gen. Mectric......... 421
414
U.S. Rubber
451
431
COMMODITY MARKET REVIEW
Providents (New), $3.45,
Gen. Motors
431
412
US. Rubber pf.
831
811
Raubs, '$9.80.
Venz. Goldfield, $3.
H. & 8. Hotels, $6.80.
H.K. Landa, 3361.
Gen, Railway Signal 232
21
US. Steel...............
"58
Glidden Co.........
241
231
Vanadium
201
191
+1
Goodrich (8F)
223
211
Warner Bros. Pict....
67
64
Goodrich $5 DL......
391
57
Westinghouse
Elec. 103)
1001
(FROM PAYNE & CO.
SINGAPORE RUSHER
871
H.K. Landa 4% Deb.. $107.
Goodyear Tire & Co.
27)
261
Woodward Iron Cor. 20
19
871%
Peak Trams (Old), $82.
Great Northern Iron
Chase National BK 33 *
32
$106
3101
Y. Ferries, (Old), $247.
Ore
143.
14
National City Bank 27*
27 *
SPOT
350
Y. Ferries (New), $24.
Great Northern Ris. 231
217
Call Money
1%
OCTOBER-DECEMBER
China Lights (Old) $11.
* bid.
JANUARY-MARCH
July 28 buyers sellers
July 27 buyers sellers change
201 201
273 271
26 271
261 271
of t
offi
277 281
271 277 of
2/9
Paris
*Sales to Shanghai.
***
170 čia.
LONDON EXCHANGE
Geneva
(British Wireless Service)
July 21
RATES
July 22.
178-13/64
178-11/64
21.484
21.494
Berlin
12.241
12.25
Athens
Milan
93-7/15,
931
Copenhagen
Stockholm
Shanghai
8-13,164
91
4.911
8.95-1/16
4.931 8.931
1411
2261
New York Amsterdam Vienna....
Prague
Helsingfors
670.
Bucharest
Hong Kong
1/2 31/32
Bombay CLARICE-GRYKKÖ
1/6 29/32
Montreal
4.93-7/16
4.93-9/16.
20.111
Brussels
Yokohama
Sellers
Buenos Aires
- Monte Video
Rio
31lver (Forward)
Silver (Spot)
War Loan
DS LONDON:-
29.081
18.94.
201
2-27/82
193
19/
-31% 103.
Closing Quotations
July 24, 1933.
Telegraphic Transfor...... Bank Bills, or den 1/
Credits, 4 months' sight 1/31
UN SHANGHAI:~~~
On demand.
ON SINGAPORE:—
On demand
IN JAPAN:-
On demand
ES INDIA-
[60 nom.
ON NEW YORK.:.--.
H.K. Electrics, $60.
Watsons, $71.
Constructions. $13.
HK. Govt. 31% Loan, 1% p.m. Marsmans (H.K.), 3/- Consol. Ch. Prov. (New), $6.90..
¡SELLERS
Canton Ins., $240.
H. & S. Hotels, $6.90. HK, Tramways, $17.85. China Lights (Old), $11.15.
SALES
HK. Bank, $1510. Providenta (New), $3.47). " HK. Mines. 71 cts.
E. & S. Hotels, $6.85.
Star Ferries, $80.
Consol. Ch. Prov. (Old). $7.20. Consol Ch: Prov. (N.), $6.90/95. ¿Prices below In Phil. Currency)
Antamoks Ps. 40 Atoks, 301
Benguet Consol., 11.00 Coco Grove, .43 Consol. Mines, .0045
.
Demonstrations, 28 San Mauriclo, .51 Buyoc Consol., 17 United Paracales, .33
191 191
B.K.
Bank Bills, on demand '304 Credits, 50 days' night 31 ON BATAVIA
On demand........... 551 ON P4Rz1-
Bank Bills, on demand- 1,095 Credits: 4 months' sight. 1,180
ON SAID:-
109
SHAREBROKERS' ASSOCIATION
BUYERS
Waterboats, $9. Providents (Old), $3.55.. Hotels. $8.80.
Peak Trams (Old), $8. Star Ferries, $794:
China Lights (New), 38. Entertainments, 361. Constructions. $11. Watsons, $4. Artamoks, 64 cts.
KALES
On demand
ON MANILA
On demand.
ON BANGKOK-
Steamboats, $20.
1061
On demand
1491
Sovereign Notes
Bank of East Asia, $88. Providents (Old), $3,60.
Bank Buying Rate.....
Hotels. $4.85.
1/3-1/16
16/18
"gr/Silver." per os,
19-7/16]
Star Ferries, $80,
Telegraphic Transfer... as Bank, op demand
PHILIPPINE "MINING NEWS ZAMBALES MINING Venture Mining Company is negotiating for the consolidation of the Union Chromite Mining Company and San Roque Mining Association in order to have enough capital for the development and exploration.
tex. div.
SINGAPORE STOCK
QUOTATIONS
The market opened à of a cent lower for all deliveries as com- pared with Tuesday's closing rates.
Despite the disappointment at the postponement of the LRR. Committee's meeting until September, 12 the encouraging action par- The following quotations of 12 ticularly in New York market was fully reflected by the steady con- leading Singapore stocks have been ditions, prevailing in Singapore during the day. Enquiry for Spot received by Messrs. Ellis and Edgar Rubber was good, whilst a fair volume of business was transacted to from Messrs. J. M. Sassoon & Co. quoted rates for trade and speculative accounts. Singapore.
Singapore. July 25. MIDDLE PRICE Bubber Shares
Subsequently prices advanced by cent for all deliveries on further buying by dealers and speculators.
Late in the afternoon prices registered a further sharp advance Closing of i cent for all deliveries due to the absence of seller. tone was Arm.
of its asbestos property in San Amalgamated Malay Estates Antonio, San Marceline, San Nar-Ltd., 1.82). Kempas Limited. 1974,
In well informed Rubber circles the opinion prevails that higher ciso, and San Felipe, Zambales. Kuala Bidim Rubber Co., Ltd., 2.55,
If the plan is carried out, the Pajam Limited, 1.874, Sungel Baprices may be expected due to improved general business prospects with attendant better Rubber-consumption; particularly in USA, un- three companies will participate in gan Rubber Estates Ltd., 155. Ta- less unforeseen outside influences should arise such as acute political the net proft, share and share
pah Rubber Estates Limited, 1.95. TIN SHARES Petaling Tin Limited, 8.00,
alike.
The board of directors plans to increase the labourers in order
tension etc.
It was announced that in accordance with an unoficial forecast
that the contracts can be filled Sungei Luas Tin Dredging Limited total Malayan Rubber Exports for July are estimated at 42,000 tons
as against actual shipments of 42.258 tons during June. early next month. As soon
as 1.02). funds are availible, Mr. Vicente expects to make shipments to fill the pending contracts.
H.K, ELECTRICS PAY INTERIM DIVIDEND
An interim dividend of $1 per share for the year 1938 has been declared by the Hong Kong Elec- tric Company.
This dividend will be payable on Thursday, September & to those shareholders whose names appear in the Register of Stiares at the close of business on Saturday, Aug. 27.
NEW BRITISH SHIP LAUNCHED
London, July 28. The new 27,000-ton liner of the. Shaw Savill line, the Dominion Monarch, was launched yesterday at Newcastle by Lady Essenden,
The High Commissioners of South Africa and Australia were present for the ceremony.
INDUSTRIALS
Btraits Trading Co., Ltd., 28.85, United Engineers Ltd. (Ordinary), 8.70, Wearne Brothers Limited. 8 pb T...
14.00.
Gold
Raub Australian Gold Mining. Co., Ltd., 532).
(The above quotations are in Straits Dollars):
REICHSMARK QUOTATIONS
Berlin, July. 28. "The Reichsmark Was quoted without guarantee at:
New York, 40.21. Paris, 1454. Amsterdam, 73.025 to 73.075. London, 13.2575. Paris Sterling, 178.09 to 178.13. Paris US. Dollar. 36.14 to 36.15.
-(Transocean)
The new vessel is built for the London-New Zealand route via the
OCT.-DEC. 1... JAN.-MARCH
LONDON RUBBER
Previous
close
bayera
sellers
7-11/16 7-3/4
7-3/4
7-13/16
... 7-13/16 7-15/16
8
Today's close buyers sellers 7-13/16 7-7/8 7-7/8 8
8-1/16 Market opened firm on trade and speculative buying. reacted partially on disappointing Wall Street cables.
NEW YORK COTTON
change
up 1/8 up 1/8 up 3/18 Later,
Trading was fairly active early in the day, but prices later de- clined sharply on Wall Street and foreign liquidation, with "longs" who bought on the recent uhfavourable weather and the Armness of stocks inclined to liquidate owing to improved weather and the new-lower stock market. Demand towards the close was generally poor, with speculative Interest negligible, but prices closed steady.
NEW YORK RUBBER
Prices soared to new "highs" in sympathy with the better Lon- don' market, a downward revision of estimated Malayan shipments. for July and lower tyre inventories Later, the market reacted par- tlally on liquidation following the decline in securities, but prices finally steadied again on covering.
`CHICAGO WHEAT
After an early, period of inaction prices rallied on rust damage Cape, and is atted with the most and grass-hopper complaints together with export buying of Ameri modern refrigerating plant for theean and Canadian Spring wheat. However, the weakness of secur- cold meat trade from Australia itles and lower foreign advices effectually prevented any sustained and New Zealand (Reuter).
advance.