PAGE 12 HONG KONG DAILY. PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers"
Association
P
Beliars Bal Komisi
FRIDAY, AUGUST 19.
Bujore Bellars Bain Nomina!
$1,440 E88
$1,440
£18
228
£13
138
$230
$602+
38
Banku
H.E. Banks Vakaromen Do. (London)............ Chartered Banka... Marcantile Bk "
Mercantile Bks. "C"
Back of East Azia ...
N. C. B. Banki.....
Insuranoos
Canton Insuracion.
Union InsurKOOSE USE
| Underwriters seimamanna
3819. Firs
180 Douglass vase
Steamboats...N
Indo-Chinas (Del.)
$88
THE EXCHANGE MARKET
1
MESSRS. ROZA BROS.
The price for Ready Sliver drop ped 1/16 to 19 3/8 but the For- ward rate was unchanged at 19 174. Silver advices reported Speculators as having sold. In- The dia bought.
market quiet. Later speculators bought at the rate. American Bliver quoted at 42 3/4 for Spot.
rate
was
was
The London-New York cross- was quoted at 48.87. New York-London was quoted at 488...
MARKET
$1,440
£88
£133 £18
£134
13
$935
$600
59
*
1310"
Qulet.
$70
$23
Indo-Chinas (Prof.)+000
BF
$24
88/9
$9.10
18/0
$10
$3
...
Shipping
332
seo
124
89/
Shalla
19.10
..
Waterboats
Mining
18/3
Karla
5110 Bagba
$3
3198 $3.62
$19.60
$120
191/90)
Venerucla Gold Fida.
17 ctn. Hong Kong Mlow.................
+
STEELING
There were sellers at 1/3 Au. gust-November. possibly December and 1/2 31/32 January-February. buyers at 1/3 1/32 Cash November and 1/2 January-February,
U.S. DOLLARS Sellers at 30 1/2 August-Octo- ber and 30 7/16 November-Decern- ber, buyers at 30 9/16 Cash-Oc- tober and 30 1/2 November De- cember.
SHANGHAI DOLLARS
Docks, Wharves,
Godowns, ets.
H.K. & K. Wharves...
$138
$129
Providenta (old).
$3.65
$31
3.56/57...
$20.85
Nominal.
$19)
#124
14
$3.70] $3,55
$3.62) $3.00 $3.56
Providente (new}.
{$10.66, H.K. & W. Dock...
Do.
8129 Shanghai Bocky B.
13,90 New Engineerings 8.
+
Lands, Hotels, and Balking.
H.E. Hotels.......... H.K Landi
$107) Do. 4% Debentures $8.40 Shanghai Lands 8.
H.K. Realtion
19,36 Humphreya ....)..
100 Chinese Estates
$8.80
1381
180
...S.
Peak Trums (old).......
举办时
$6.80
$38, cum.d.
̈8107).
85.70 30.30
Cotton Milk
120
$19
Bwon (S)
$99
B'bai Colton (S.)
887
$24
Zoong Sing (9.).
#245
$42 Wing On Textiles (8.)
Public Cities
$17.20
Tramways
$17,16
an
Feat Trams (new)......
13
$78
24
Ymali Ferries C.R
$24
(new)
178 $251 $24
$11
33
China Lights (new).....
8.10
H.K. Electrics..........
$81
$812
#18
381
$26.80
$26.80 $9.60
240
$171
#7.25 #7.40 $7.33 $7.08 $730 17.10
#251
$1.20
***
| Biar Ferrin ......and
Do.
China Lights (old).... $11.20
*1+
Macao Electrics .........
Sandakan Lights.......................
Telephones (vid)..
$0.60 Talophones (new).......
26/3 Tractions
26/3
Tractions (praf.) ...........
Industrial
$14
Cald., Marg (Urd) S.
318
|Cald.; Macg. (Pral.) 8.
$1.70
Craton leca
$1.60
$17.30
1.
JAN
Ropes
34.80
Chím Prov. (old)...................
$720
27 10
$25.30
Cermente
Consolidated
China Prov. (new).......
Miscellaneous.
Dairy Farms ..........
Ch. E'tainmenta .............. 36,65
Constructions (old)..... 51.90
FINANCE
NEW YORK STOCK EXCHANGE
1938
(Through Renter's Service)
QUOTATIONS
High Low Dow Jones Averages, 145.87 98.95 30 Industriële
88:77 19.00 20. Ralle 22:55 15.14 20 Utilitusa 92.70 83.39 40 Benda
Amer. Rolling Mill Amer. Smelting ...... Amer, Sugar Ring... 21 Amer. Tel. & Tel... 141 Amer. Tobacco "E". 871 Amer. Waterworks... 101 Anaconda Copper ... 334 Atchison, T. & 8. F. 341 Auburn Motors
Barber & Co. Barnsdall on
SHANGHAI MARKET" Opened with sellers at 8.7/32" Baltimore & Ohio... and closed with sellers at 8.3/8. U.S.$. the market opened with sellers at 15.23/32 and closed with sellers at 17.1/16.
IN THE AFTERNOON The market was quiet in the afternoon.
STERLING
Bethlehem Steel
Boeing Airplane Co. 26 Borg-Warner
301
Briggs M'facturing. 32) Brocklyn-Manhattan
Trang
Brooklyn-Manhattan
93
36 cum. pl........... 31 * Canadian Pacific.... ef Case. JI...**
SATURDAY, AUGUST 20, 1938
PAYNE & CO.
..
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
Aug. 17.
Aug. 19, 1938. High Low Close Chang
189.03
189.76 138.38. 139,33.
.30 up
27.94
27.90 27.68 - 27.70.
2+ off
19.77
89,96
59.00 46.09 11 Commodity Index 47.15
13 off 19.78 19.53 19.64
$8.95 .10 off #7.28 13 up Business Dono:-$50,000 abares,
New York Commodity
STOCKS
Last Sale
STOCKS
Last Sale
Aug. 17 18
Aug. 17 18
Adams Express
111
11
Great Western Sugar
261
201
Alleghany Steel Co.
171
18
Greyhound
Corpn.
164
164:
Allis Chalmers ............... Amer. Can
191
481
Hecker Products
71
7.
น
98
981
Int. Nickel
બેક
481
Amer. & For. Power Amer. & For. $7 pt. Amet. Locomotive ... Amer. Metals
31
32
Int. Tel. & Tel
81
81
New York, August 18.
Market
(THROUGH REUTER'S SERVICE)
High Low
Prev. Today's
184"
182*
Sennecott Copper...
391
392
New York Cotton
20
20
Libbey-Owens-Ford
New York Rubber
October 8.29 ... 8.25 Sept.
Close Close Change 8.28 8.26 .03 off
16.05 18.00
34
3311
Glass.....
ATA
481
15.90b 16.00 .10 up
Amer. Radiator......
147
141
Lockheed Aircraft 111
Chicago Wheat
Sept.
641
627 834 633
181
18
Loew's Inc.
+7
471
Chicago Corn
Sept.
531
512
521 52
+ up off
46)
46
Martin. Glen L
23
221
Winnipeg Wheat
October
681
UT
.ន
24 *
McKesson &6 Rob-
1401
bins, $3 pt.
341
87
91,
Monsanto Chemica 923 Montgomery Ward.
45+
344". 931 46
NEW YORK COTTON
Close
Opening
Closing
October....
8.28/28
8.29/29
8,25/25
631 677 1 off
Change"
:03 off
December
...-8.34/34
8.35/34
8.30/30
.04 0
Nat. Dairy Products 15% Nat Distillers..... 241
142
January
(1939)
... 8.34 N
8.34/33
8.29 N
244
.05. 04
March
8.37/37
8.35/35
8.32/32
.05 01
4
Nat. Power & Light
BA
61
May
".)
8.39/39
8.37/37
8.34/34
,05% off
81
Nat. Supply Corpn.
171
174
July
8.40/40
8.38/38
8.33/33
.07 of
104
New York Central...
181
173
Spct
8.40
8.37
.03. off
18
171
N. America Aviation
91
91
551
North America Co.
201
201
NEW YORK RUBBER
Northern Pacific ...
113
12
September
Pacific Gas & Elec
261
207
December
Pacific Lighting Packard Motors ...... Paramount Pictures Pennsylvania E.R Philips Petroleum... 401
371
38
March
5
May...
15.095/92a 15.05 A 16.08/08 16.08/08 .16.15b/203 16.18/17
16.25/25
16.00/00. 16.17/18 16.28b/293
10 up
.09 up
13 up
16.36/37
11. up
21
91
20
101
Sales for the day:-
1.460 tons.
401XT CHICAGO WHEAT
Public Service of N.J.
291
294
90
Pure Oli
11
104
September December
... 63+/63
63+/631
632/831
Radio Corpn. of Am.
7
67
... 851/85
651/651
May
Republic Steel "..
171
171
681/631
857/66 681/681
99.9.
Reynold Tobac. "B" 42) Schenley.....
Wednesday's "Sales:
25,982,000 bushels.
18
181
Schenley. 51% pfd... 751*
741*
CHICAGO CORN
+
Scars, Roebuck
711
71
September....
Shell Union Oil
16
151-
December
Socony-Vacuum Ou
142
141
May
521/52 514/512 481/481 481/481 51/51
52/52 481/481
514/511
Southern Paciāc
177
18
WINNIPEG WHEAT
91
Southern Rly $5 pid., 17
17
441
Standard Brands ....
77
73
October
680/881 67/679
673/671
1
OF
Continental Ou
$31
Stand Gas & Elec.
4
33
December
6T1/68
674/87) 671/871
off
Corn. Products
69
Standard Oil of N.J
54
533
May...
704/707
FOL/TOL
Curtiss Wright (C.)
st
Stone & Webster ....
9*
.91
NEW YORK STRAITS TIN
with
Curtis Wright "A 221
Distillers Corpio. Sea-
Swift International 261 Technicolor
201
23
221*
September....
..
grams
15 15*
Texas Gulf Sulphur 35+
351
NY Silver. Offelal
· 42.356/43.00a 42.80b/43.10a 4275b/43.00a 42-3/4
484
20th mt. Fox, Films 241
241
NY-L'don Cross Rate... 4.88-1/8
42+3/4
4.88
129 130
do. Flims pf....
324*
323
Union
Carbide &
Carbon......
801
801
Elec Bond & Share
Union Pacine
90
88
$5 pt.
50 *
484"
United Aircraft .......
261
261
Elec. Bond & Share
$6 pf.
United Airlines Trans
81
82
55
United Corpn.
21
21
Elec. Power & Light
$7 pt.
United
Corpn. . $3
3534
cum. pf.
314
311
211 21
United Gas · Corpn.
37
32
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
"
SINGAPORE HÜBBEZ
August 17
August 18
47 *
Un. Gas Iprovem'
101
101
buyers
41
U.S. Rubber
431
441
9 POT
451
"U.S. Rubber pf.
851
88
US. Steel"...........
1167+
571
OCT.-DEC.
231
Vanadium
231
Warner Bros. Pict....
191 "#
181
JAN.-MARCH
sellers
buyers sellera
28-1/8 28-378
94 1/8
-28-7/8-27-1/8
27-1/2 27-3/4
.unch. unch.
Ji
change
B
55.*
Westinghouse Elec. 991 100
Goodyear Tire & Co. 261
# 274
Great Northern Iron
Ore
121
Woodward Iron Cor. 19 * Chase National B 311* National City Bank 25
| Call Money
* ex div.
1%
197 301* 241* 1%
• bid.
The market closed with sellers ät 1/3 August/November. pos- sibly December and 1/2 31/32 January/February. buyers at 1/3
and Cash/Noveraber January/February..
1/32
1/3
||
U.S. DOLLARS Sellers at 30 1/2 August/Octo- ber and 30 7/16 November/De- cember, buyers at 30 9/16 Cash October and 30 1/2 November/ December.
SHANGHAI DOLLARS The market closed with sellers at 176 1/2.
SHANGHAI MARKET
The market closed with sellers at 8.1/2.
closed
U.S.$.
sellers at 7.9/32.
H. K. STOCK EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
Prices have advanced during the week, and the market closes with
ar unsatisfied demand.
BUSINESS DONE DURING
THE WEEK
184
„Constructions. (new).........
$8.70 Lane Crawfords
Nanyang Tobacco ..............!
$9.20 Sinceres
And
$8
Watsons
697 Ch.G.5% 19250.Bda.
H.K. Govt. 4% Loans #105)
B.E. Gorl. 34% Lowas
$101)
H.K. Wing On
350
H.K. Bank, $1445, $1440."
B'hai Wing Op
Canton Insurance, $230.
$6.85 Vibro Piling
$6.40
18
Harmans Inv. (Lon.)
H.K. Fire, $2071.
3/3 Maramans Inv. (H.K.)
Wharves, $129.
70. Wm. Powells
TO Ca...
$191, $19.90.
*ggles to Shangrai
00
Chesapeake & Ohio 201 Chrysler Corps.
69+ 61 Columbia Gas & El Columbia 6% “” pf. 64 Commercial Credit... 181 Commonwealth & 8. Já Commonwealth & 8.
36 6% cum pt. Consolidated Edison 262 Consolidated Cu Continental Can
Douglas Aircraft
Du Pont
Eagle Picher "Lead 101
Elec. Bond & Share
Flintkote
Gen. America Trans 48 Gen. Electric
Gen. Motors
Gen Railway Signal 21 Glidden Co.
Goodrich (B.F)
Goodrich $5 p1.......
3¿¿Packag¤ ¤ ¤*8*7***- ***888-7 -68¶* * * 8.689888⠀⠀ ⠀*
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
(British Wireless Service)
August 13 178-57/04
21.28
12.15
August 18 178-55/64 21.28 12.18"
92-9/16
923
18.73
Shanghai
8td..
ad
New York
4.871
4.87-15/18
Amsterdam. *********
8.937
8.917
Vienna
Pragye
1411
2261
Bucharest
670
670
Hong Kon
1/2 31/32
Bombay.................................
1/5 29/32
Montreal
.4.891
Prussels
28.98
1/5-29/32d 4.897 28.991
Yokohama
Sellers
Buenos Aires
18.87
Monte Video
20. "
2-27/32
19-7/10.
18.
19-9/16
101
31% 1027.
Helsingfors
Silver (Forward)
Silver (Spot) War Loan
ON LONDON:
. fr
Closing Quotations
August 19, 1939.
Telegraphic Transfer....1/
Bank Billay Credits,
on demand
4 months fight 1/3'
OS SHANGHAL. ==
On demand
Us Singapore :--
On demand
30 JAPAN!, *.
On demand
Ca INDIA-
ON NEW YORK:-
34% 1024
Bank Bills, on demand 301 Credit, 60 days' sight 301.
ON BATAVIA:m
On demand...... OS PARI
651
Bank Billa, on demand 1,005 Credits, 4 months' sight 1,180
108
601
470 9. ON SAIGON--
On-demand
ON MANILA
Op demand
ON BANGKOK:
1061
··“. On demand
Spfereign Notes
Malegraphic Trans
182 1/16.
Bank Buying Rate....
·Silver. DIE A
1/3-1/16 101
Docks (New), $101, $19.30, $193. Great Northern Riy. 211
Prov. (Qld), $3.60, $3.66...
Prov. (New), $3.45, $3.50, $3.521.
$3.55.
Prov. Consol. (014); $7.20, $7.30. Prov. Consol. (New). $6.90, $7.
$7.05, $7.10.
Hotels, $8.80, $$6.85. Lands, $384, 381. Tramways ex. div., $17.05, $17.10.
$17.15, $17.20.
Star Ferries, $78. Electrics, $81, $611
Telephones (Old), $26.80. Cements, $17, $17.20. Ropes, $5.
Dairy Farms. $251. $25.30, Watsons. $7,50, $7.60, $7.85, $7.80,
$7.90, $8. $8,05.
Raubs, $9.70 $10, $10.10. CHANGES - 3.15 \p.m. (CLOSING QUOTATIONS) BUYERS
Unions, $505. Cements, $17.39.
SALES
Prova. (Old), $3.65. Hotels, $6.85. Watsons, $8.05.
HK SHAREBROKERS' "ASSOCIATION
BUYERS
Providents (Old), $3.62)- Hotela, $5.80.
Lands CD., $384. Realties, $51.
China Lights (Old), $11. China Lights (New). $8.10. Ropes, $4.85... Entertainments, $8.55. Providenta (Consol.) (Old), $7ł. Providents (Consol.) (New), $7, Watsons, $8.
SALES "Providents (Old), 13.85. Hotel, $6.862
Trams, $17.10
Providents (Consol) (Old), $7.39 Prov. (Consol), (New), $7.10. ·
COLONIES SELL
"AND BUY MORE
The trade of the "Colonial Empire increased by £40,090, 000 in 1936," reports the latest Government survey, inued on August 9.
Exports rose by £20,000,000 to £259,000,000, and imports by £20. 000,000 to £247,000,000—a favoura ble balance of £12,000,000.
in
* 28-1/4 28-1/3
.. 28-7/8. 27-1/8 27-1/2 27-3/4
The market opened 1/4 of a cent lower for all deliveries as 'cont- pared with Wednesday's closing rates.
After the opening the market was dull and featureless. Despite a fair enquiry for actual Rubber, very little buying interest" for trade and speculative accounts was in evidence, operators prefer- ring to await further developments before entering into fresh com- mitments on a larger scale,
14
Later in the day prices registered a decline of 1/8 cent for all deliveries on some profit-taking by tired longs. However, towards the close of the session the market recovered this slight setback, closing with a steadler undertone.
U.K. Board of Trade figures for the first half of this year, com- pared with the corresponding period of the two- previous years, are as follows:
Imports - January-June Exports, Stocks
January-June
30th. June
. 1938.
1937
화
1936
104,304
45,747
39,033 tons
13.488
31.087
37.937
92,144 - 43.222
122.168
GERMANY'S DESIRE FOR U.S. TRADE
Bi-lateral Pacts Not Wanted Washington, August 19. Replying to the speech delivered
Berlin by Herr Brinkmann Signs are not lacking that with any restoration of world con- Under-Secretary of State in the fdence large purchases of many principal commodities would be un- Ministry of Economics, in which an dertaken, and with any expansion of trade and a corresponding in- appeal was made for better trade crease in the purchasing power of retail goods, the demand for relations between Germany and motor-cars and accessories should be enlarged. It is also interesting The British and local Govern-
the United States, Mr. Cordell Hull. to note that Germany has displayed more interest latterly. despite ments are continuing their polleys. Secretary of State, said that developments along synthetic lines and motor-car production is being of encouraging "export trade.
America would be glad to find a very much accelerated. In view of these facts it is generally heller- The experts repeat for the basis for increasing trade with ed that the present price-level should later prove to have been a second successive year that if cer- Germany on the basis of multi-good opportunity for making purchases. tain European countries develop lateral commerce. their policy of shutting out im- ports the Colonial Empire will co better than most countries because of home markets capable of ex- pansion and "the ever increasing development of trade within the British Empire."
TIN SOARS
Fin was the most valuable colonial mineral product, fol- 10wed by copper, gold, and pe- troleum. The value of tin pro- .. duction jumbed from 24,180, 000 In 1932 to £22,107,000 in 1936
Rubber proadiction increased from £8,900,000 in 1932 to £25, 700,000 in 1936,
The Secretary of State, however.. rojected Germany's offer of a trade agreement based on bi-lateralism. -(Reuter).
SPOT OCT.-DEC.
LONDON RUBBER
Today's close buyers sellers change 7-13/16 1-7/8 uneh. 7-15/16 8
kup-1/16 8.
8-1/16 unch
Previous close buyers sellers -7-12/16 ́7-7/8
1-7/8 B .... B
-8-1/16 Market opened barely steady but improved on Continental and trade demand.
UNION INSURANCEAN-MARCH
PAYS INTERIM DIVIDEND
An interim divident of 16 shill- ings per share, payable on October 21, has been declared by the Union Insurance Society of Canton, Ltd.
NEW YORK COTTON
The market was early inactive, 'pending some announcement as to definite Loan terms and operations consisted largely of local liquida- tion and hedge-selling, which was absorbed by ade and commis slon-house demand. Later, there was some Bombay selling on balance and prices declined somewhat, but the marker closed steady, NEW YORK BUBBER
Better reports from the primary markets caused a higher open- food, and in some territories are satisfied when the, family require-ing here and prices advanced further on the steadiness of the stock market and on commission-house and local buying. There were some ments are met.
The only dependencies in which dealer offerings, but these were easily absorbed and a firm tone there is any substantial producion was maintained to the close. of manufactured goods are the.
CHICAGO WHEAT
Later reports for individual ter- ritories show that in many cases the good times of 1938 were con tinued in 1937:
Most of the 60,000,000 people who straffs Settlements, Hong Kong. After steadiness in sympathy with Liverpool, prices rallled on and Palestine, and even in these the belief that a smaller new-crop acreage would result from the live in the Colonial Empire. how- ever, are not interested in trade or countries industry does not provide Government's activities. An Improvement in milling demand caused industry. They are landworkers en-the principal occupations of the a further advance, but prices finally declined on realling and un |gaged mainly in growing their own
easiness of the winnipeg market.
inhabitants.