ST 19.00 Fair. LENA 1514 90 militasa 99.70 83.39 40 Bonds
STOCKS."
Adams Express ........... Alleghany Steal Co Allis Chalmers
Commonwealth & 8. Commonwealth & 8.
Y'mati Ferries C.B.$
Do.
Lights fold)......
6% cum p.
$9.3 Telephones (New)..............
26/3 Tractiotik me
Tractions (pret.)
Industrials
K. STOCK EXCHANGE
SATURDAY'S
Consolidated Edison 241
Consolidated Ou
Continental Can
Continental Oil
Corp. Products
Curtiss Wright (C)
OFFICIAL
123 oua.d.
$8.30
51.40
15 pi....... Elec. Bond & Share
$6 pf........ Elec. Power & Light
$7 pf.....
Filntkote*******
Gen. America Trans 451
Gen. Mettrie
y
$2.20 Bincare manda
$2.05
H. K. Steamboats, $214.
Gen. Motors.
Watsons we canno
37.90
H & S. Hotels. $6.8u.
Gen: Railway Signal 181
07/
| Ch.G5%,1925G.JBJK.
67%
H. K. Lands. $377.
H.K. Gort. 4% Lost $106
H. K. Realties. 35.70.
pm H.E. Gert, 31% Lowe 3101
H.K. Wing O'
H. K. Tramways. $16.90,
160
$52
Great Northerh Iron
$6,40
Oze ..... Great Northern R13 17
PAGË 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
$1,425
$8.85
#31126
1:1
$31
!!!!
Exchange
Balan
SATURDAY,
SEPT. 17.
Hanks
Sharebrokers
H.K. Banka sesamente
Do. (Còl Reg.)..........
| Chartered Banks
Mercantili Bka. “A”
285:
· £10
100
Bank of Beat Asia ...
Cacion Insurancés......
· 8419
$226
$9
N. 0. & 8. Beaks....
Insuranom
Unika" "TRIPLMSON"...
Underwritacs ....ne
32JELL. F
Donghans ma
Steamboats
$60
Indo-Chinas (Prof.)..........
124
Indo-Chinas Deli........
8449 | Sheila nang
19.10 | Waterbcate w
1970 Badbe
$1281
15/6 Kailan ma
Tegasuals Gold Fids.
17 eta Hong Kong Mines.......
Decks, WherrER,
Godovini, eta
H.K. & K. Wharves.......
Providents (old).......................
Providents (now)......
19.K. & W. Dock
19
Do.
$125 Shanghai Docks 5.. $3.50 New Engineerings B.
Lands, Hotels, and
***Building»
H,K., Hotele
Humphreysti
Association
Buyers Bales Mai
******
412
| $1,450) 2871
1987
EIN
£19 £13
$88
+
$3
1225
1205
$71
#12 $80
124
. 84/44
09.15
*T
15/3 $0.00
$3
$125
88.53 $30
10 1:30 $3,95
SHARE MARKET REVIEW
MÁRKÉT EASIER.
(BY C. A. L. Bickett) Sécretary, Hong Kong Share-
brokers' Association.
The market continues to be in- Auenced by the European situa- tion and took an easter turns the political position became more grave.
to
While there appears to be no undue nervousness to sell. "buyers are inclined
hold back for cheaper prices. In the meantime the undertone is quiet and the market appears to be awaiting the trend of events in Europe.
Hong Kong Banks were reported from London' at £85, resulting in local sales at $1430 Hotels came in for sustained enquiry but at the close of business were obtainable at $6.70. Electrics "eased to $58 with sales reported at this figure. Lands were marked down with sales at $37 70. Wharves changed hands at $128 and sales were re- ported in Trams down to. 318.85. Providents had buyer's at $8.65 for the old shares and $6 for the new. Dalry Farms were offering at 5254 with sales reported at $251 (cum div.). China Lights (old) changed hands down to $10.00.
The Hong Kong and Kowloon Wharf and Godown Co. has an- nounced an interim dividend, of
3 payable on October 11, 1938.
Gold Mining "stocks have been quiet and, with the exception of San Mauricio, prices are slightly lower than at the close of business for the previous week.
Benguet Consolidated has an- nounced an interim dividend of, 30 centavos payable on September 30. Atoks have announced a 1 centavo October 1. dividend payable on
96,70
$80
337) | 837.70
HE. Lands...........
€37.70
$107
Do, 4% Dedentures
$107)
40
Shanghai Lands 9.
$3.80
$5.70
| FLX. Realtime
$10
$10
+99
Chinese Resta
Cotton Mills
$18
317
Evo (5.)
$90
B'hai Cotions (8.) .....
895
324
Zoong Sings (8.)............
$12
Public Utiliting
Wing On Textiles (8.)
$12.
$160 $17
| $18 75
{Tramways wantin
Peak Trams (old)......6
on
Foak Trams (now).....
$771
Star Farring
$771
quiet.
$242
$24
(new)
32+
$11.0
China
Sit
H.
301
ičkina Lighla (now)D}
18.10
39
H.K. Electrics...
3581
$17Macao Electricn.........
Sandakan Lights .......................
ro Telephones (old).........
$281
$9.65
98.0
6.
$14
$13
¡Cald., Macg. (Prať.) 8.
Cald., Mang. (Ord ) B.
$1.70 Canon 104.....
$1.80
3171 $4.9}
BIDI
፣፣
$17 Casas maner..
$4.00 Bopes
Consolidated
Chins Prov. (vid)....... China Prov. (new)............. Miscellaneous
{Dairy Párňa manière Ch. E'tainmenta ................... $1.00 Constructions (old).............. Constructions (new)....
$8.70 Lane Crawfords..........
Nanyang Tobaco
|
FINANCE
1978.
High Low Dow Jones Avenger, Sept. 16. High Low Close Chang
YORK STOCK EXCHANGE
(Through Reater's Servics)
QUOTATIONS
.
Sept. 18, 1938,
Business Done:—740,000 shares.
MONDAY, SEPTEMBER 19, 1938.
PAYNE & & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
sellers
Sept. 18
Sept. 17
buyers
buyers sellers ChangÓ
26-378
28-5/8
20-1/8 28-3/8
QE 1/4
26-3/4 27
26-1/2- 29-3/4
DE 1/4
145.87 98.96 20 Industriais
31
141
15
Amer, & For, Power Amer. For. #7 på. Amer. Locomotive ... Amer. Metals ... Amer. Radiator...... Amer. Rolling Mill..... 18. Amér. Smelting 151
31 141
Lockheed Aircraft Loew's Inc............................ Martin, Glen La m 20+ McKesson & Rod-
bins, $3 pf.
Amer. Sugar Ring.... 22)
1351 1574 "Amer. Tel & TL Amer. Tobacco `~*` B1}.
BI Amer. Waterworks...
313 Anaconda Copper ... Atchison, T. & F. 31. 31 Auburn Motorá
Baltimore & Ohio Barber & Co. ... Barnsdall Of Bethlehem Steel Boeing Airplane Co. 21 Borg-Warner
311
Briggs Mfacturing. 311 29 Broblyn-Manhattan
Trans, w......UNT
$6 cum, pl.
4
平日
Brooklyn-Manhattan
7
Canadian Pacific...
51
601
Casa. J.L
*****
Chesapeake & Ohio (28) Chrysler Corpn. 671 Columbia Gas & M. 5% Columbia 6% “A” pf. 671
and Big Wedge 1 centavo, payable | Commercial Credit... 46
October,
5: Market
ciased
QUOTATIONS
There is no change to report. BUYERS
Hong Kong Bank, $1425. Union Insurance, $507. Providents (old), $8.65, E K. Lands. $371. Peak Trams (Old), $62. Sandakan Lights, $9.35..
H. K. Govt. 4% Loam; 8% pm.
SELLERS
Douglases, $682.
Curtiss Wright “A” 191
Distillers Corpn. Sea-
grams.....
Douglak Aircraft
Du Pont
Eagle Picher Løsd" 93
Elec. Bond & Share o
Elec. Band & Share
77 7 7 8 7 7 8 8 8 8 1 ******* ·8788578*- 87-*£££*£ £#£** • * *26595.**ð Ég
اوه
401
134.85
2467
17.94
86. ...
38.00 4309 11 Commodity Index 47.53
1998 1x1.03 131:89– 3.03 off
24.42 23.71 2401 17.85 17,1 17,94
86.40 unquoted
,68 od
80.att
17 off
Last Bale Sept. 16 17
10
STOCKS
Last Sale
Sept. 16 17
91.
10)
16
Great Western Bugar Greyhound Corpm.
261" 201
14/
141
451
45
951
Hecker Products Int. Nickel
71 63
477
Int. Tel & Tol. ....... Kennecott Copper .. Libbey-Owens- Ford
Giess
451 # 7
SFOT
OCT.-DEC.
30
JAN.-MARCH
391
391
47
1451
121
121
481
46
191
181
61-
311 93 Monsanto Chemical 931
44 43 Montgomery Ward...
121 Nat, Dairy Products 12 Nat. Distillers,
217. 211 Nat. Power & Light
51*53 134 Nat. Supply Corpn.
311
14
17. 15
New York Central..
151
14)
N. America Aviation
Ti
71
556
North America Co. 171
16
Northern Pacing
B
Pacific Clas & Elec
251
251
1}
Pacific Lighting
36
38
World Shipments
Packard 'Motors ..
4
4
World Absorption
Paramount Pictures
99
日
I World Stocks and Affcats
Pennsylvania R.R...
171
161
... 27-1/4 27-1/2 27 27-1/4" VA The market opened 1/4 of a cent lower for all deliveries as compared with Friday's closing quotations.
In-sympathy with easter conditions prevailing in London and New York the market ruled very quiet and dull. Very little activity was displayed by dealers and speculators, whilst only a moderatë volume of business was transacted.
However, towards the close of the session slightly steadier con- dition prevailed on some trade buying" resulting in a price advance of 1/8 cent for all deliveries. Closing tone was quiet but steady.
The market is redecting continued uncertainty with regard to the political situation in Europe and it would appear that sustained higher price-levels cannot be expected, pending clarification of the xituation.
The International Rubber Regulation. Committee publish in their August issue of the Statistical Bulletin the following figures:
July 1933 June 1938. July 1837
81.109 71,010 111.75 tons
88,014 72,853 71,685 531.639 524,511 399,078
LONDON RUBBER
Phillips Petroleum.
361
352
Public Service of NJ., 271,
284
Pure Of
91
83
Radio Corpn. of Af.
61
6
S POT..
Republic Steel
151
151
JAN.-MARCH
Reynold Tobac "B"
401
APRIL-JUNE
Schenley
15
143
++
Schenley, 51% pfd...
70
69 *
Frevious close Today's close Suyers sellers buyers
sellers
Change
7-15/16
7-1/8
3-3/16
8 8-3/18 8-1/4
CLOSED
NEW YORK
COTTON
1
11
Sears Roebuck
181
181
Shell Union Oll ........ 2 137
141
351
Seconý-Vacuum Oll,13
121
Southern Pacifie
14F
137
81
Southern Rly 35 ptd.
141
14
39
Standard Brands
61
282
Stand Gas & Elec.
21
2#
67
·
Standard Ou of NJ.
51
50
4
Stone & Webstér ...
71
Swift International Technicolor
283
201
18)
172
14
427
130
Texas Gulf Sulphur 35
34
20th Cent. Fox, Filimia
..do.
231
23,
Flims pf...
32 *
31,
Union
Carbide
Carton
79 *
71
Union Paciác
801
19
391
United Aircraft
241
24
United Airlines Trans
71
74
591
United Corpa.
21
23
United
Corpn. $3
28
curn. pf. .........
271
27
211
United Gas Corp.
3
3
Un. Gas Tprovem't. · Si
91
39
US. Rubber, på........
421
40
confidence being Prices decllied on hedge-selling and Seriously disturbed By the European situation and the weakness of stocks Later, active liquidation, developed through Wall Street and commission-houses, which met with indifferent demand consisting mainly of price-fixing by the Trade.
Market closed.
NEW YORK RUBBER
CHICAGO WHEAT
Prices were early, firm in response to the strength of the Liver- pool and other foreign markets and to the bullish effect of the general nervousness over the Czech situation. There was steady buying by professionals on a quietly active market, but towards the close prices eased on the apathy or European demand and a fall- ing-off in domestic interests.
New York Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and
S. L. Levy & Company)
on
TE
431
TS. Steel
R23
TE
L
UA Rubb
551
534
New York, Sept. 17 (Saturday).
Glidden Co. Goodrich (8.F.) -...... Goodrich $5 pl. ....... Goodyear Tire & Co. 25: 24
W.19.
Varixdium
IT
151
201
Warner Bros. Pict...
5+
51
New York Cotton
Dec.
......
Prev. Today's High Low Close Close Change
7.87 7.88. 7.75
7.77
.10 ou
504*
Westinghouse Elec. 99.
951
New York Rubber-
Dec.
18.13
closed
175 cta
(British Wirelei Service)
Sept. 15
Sept. 17
178-21/64
21.292
12.02
917
Stockholm
19.06
19.40
Shanghai
ald
New York ....
4.81
Amsterdam
8.921
Vienna
Prague
123-11/16
226-3/4
Вто
1.5-15/16.
4.838
49
214
19.07 20.
19.02
2-15/18
191,
19-9/10
19-5/16 19-0/16
31% 100)
Paris
660
S'hai Wing On
$6.95 | Vibro Pilleg pos
13/0
Marsmans Inv. (Lon.)
3/4 Matsman Inv. (H.K.)
75 cta Wm. Powell
*Sales to `Bhangesi
LONDON EXCHANGE RATES
Geneva
Berlin
Athens
Milan
Copenhagen
Hülsingfors Bucharest
Hods Kong
Bombay .......
Montreal
Prussels Yokohama
Belgrade
Buenos Aires
Monte Video
·Ria
kabadirisma
Sliver (Forward)
Stiver (Spot)
War Loan
ON LONDON:-
1/2 31/32
Closing Quotations
September 17, 1939.
Telegraphic Transfor..... † 1/31 Bank Bills, on demand ƒ' Credits, 4 months' sight 1/01
ON BHANUMAI I
On demand
UK SINGAPORE:-
On demand
A JAPAN:"
Of Naw YORK':—
178-21/84
21.281 11.99
91-3/16
4,79-7/8 8.921
1-5d. 29/32 4.921
28.41
Bank Bifla, on demand" 20!" "Oredite," 60 days" sight" 30j ON BATAVIA:-
On demanders/Berns ON PARIS:-*
་་
66-2/18.
Bank Billd, on demand 1,095 Credits, 4 month dight 1,180
ISS BOUN SAIGO
1. On demand
53-3/18
On Manila şi
On demand
ON BANGKOK
109.
591
1499
-Sovereign Notes
Bank Buying Rats............
16/10
19-7/10
2001 On démand
Dairy Farms, $253.
Watsons. $8
SALES
Union Insurance $510.
H. K. & K. Wharves, $128). Providents (Old) 583.
H. K. Landa, $37,70,
H. K. Tramways. $17.-
(Prices below in Phil. Currency)
Antamoks Pa., .38 Atoks. 381
Bagulo Gold,...24
Benguet Consol, 11,70 Coco Grove. 41.
Demonstrations, 2
I. X. L... 65
San Mauricio, 70
Buyoc Consol.. .18 United Paracales .32
SINGAPORE STOCK QUOTATIONS
Singapore, Sept. 12. The following quotations of 12 leading Singapore Stocks have Sten received by Messrs. Eills & Edgar from Messrn. `J. M. Sassoon & Co.. Singapore,.
RUBBER“ SHAKES Midale Pads
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Bliver prices dropped 1/8 for both deliveries, the quotations being 19. 7/18 for Ready and 19.1/4 for Forward. Silver advices reported India as having bought to a small extent, Speculators sold. Later America and Speculators bought. The market was firm. American Silver was quoted at 42 3/4 for Spot.
Post Office Notice
Märch
¡Advance Journal," The Editor: May Allled Mining Corporation; James CHICAGO WHEAT A.. Allison, c/o Wallingford Corp.; September Mrs. Laura R. Appll; Asia Invest- December
May ment Co., Ltd.:"
Mrs. B. B. Bassett;
Friday's Sales:- CHICAGO CORN Cham Fook and Co.; Chinese Sur-Hosiery Store: Mrs. Fabian September Chow: T. H. Chu, HK.D.G. Special December
May ... Representative's Office; Mrs. Coulcher;
The London-New York-erpes-rate was quoted at 479,93 New York. London was quoted at 480.
Heinrich Danisch." MARKET
Findlays Properties Lid.; Very little doing. Quietly steady.
Rev. and Mrs. A. W. Hall; Hay NEW YORK STRAITS TIN. STERLING
wall Trading Co.; Hong Kong and December There were sellers at 1/3 'Cash September and 1/2 31/32 October- Canton Insurance Manufacturing January, bayers at 1/3 1/32 Cash-Co.; Rev. W. H Hudspeth; Hung Kuala Bldim Rubber Co. Ltd. September and. 1/3 October-Ja-Chong Bank; $2.50.
ZITY.
Amalgamated Malay Estates, Ltd. $1,55. ་་
Kompas Limited.+$1.923%
Pajam Limited, $1.80.
U.S. DOLLARS There were sellers at 29, 15/16 Tapah Rubber Estates Ltd.. $1.99. September and 29 7/8 October. December, buyers at 30 Cash- September and 29 15/16 November- December. w zawod
SHANGHAI DOLLARS.” 170 1/2.
Sungei Bagan Fubber Estates -Ltd., $147),
TIN, SHARES ·
Petaling Tin Limited, $7.80.
1. Sungei Luas Tin Dredging Ltd,
$1.58.
CASE INDUSTRIALS -
Straits Trading Co., Ltd. $27.00. United Engineers Ltd. (Or dinart); $8.00
E
Wearne Brothers, Ltd, $1478. - GOLD
SHANGHAI MARKET
H. L. Gibson Co., Ltd.; Bun Lau()PTION OF A FINE
Bhi;-
Cheung Sam-lin, a Hokio woTKS
A. H. G. Jackson; Miss Winifred Jones;
Mrs. M. King; Klingeberg and Wieda and Co.; The Knopin Soap patcts: Terraan metrical foreman, was allowed by Mr. Bar- Chemical Works; Messts. K. pnect at the Kowloon Court on
Saturday to pay a fine of $
Factory; ak
Messrs Lai Bin Choy; Lau Chan Shi; Lau Wong Shi; Mme. Helene Leyden;"
Jas. McMullan Agencies Ltd.: Mercantile Trading Co.
Sterling opened with salters at 8. N. Z. China. Trading Co 11/16 for Spot. The market wasoveira and Bon, Co.: Mr. Nick firm at the opening and some Osmena; Adolf Ott: Rev. A., Lexile business was done at 8.3/4 for Pacer, c/o Rev. Sandbach; John' Spot. The market closed with set- Pomeroy:" Raub Austrahát Gold Minifig lers at 8.23/32 for Spot UBS, the Co., Ltd., $5,10, x.d...
market opened at it. 3/8. sellers Note: The above quotations are for Epot and closed with sellers at in Straits Dollars.
17.7/16..
F. A. Roche;
Siber Hegner and Co., Ltd.; A Morten Smith: LG. Stilen, c/o
Tien Lee Synthetic Nitrogen
Tse;
United Mechanical Industries:
Mrs.
མ replace one month
received for assaul
at
Watson; Miss Dian ing Wel, The Australia Hotel Mrs Kat Kowloon City some
E. Werner, c/o Dagmar Balen 88 three weeks ago, Cheung allered that they boy had bebaved rudely Phillp E. William:
Mr. Lee H. Young,
to a woman friend of his,
REGISTERED ARTICLES Hoe Go find Charles Messer:
ME. C. A, Sutherton Ruse made the appeal on behalt
not ob Jecting to replacement of the pri J. W. Timm, c/o Messrs, C.-C. son sentence by a the
this re- Wakefield;
{placement was granted by, the Messrs. You Buen Co. (Parcel). Magistrate,
Woodward Iron Cor. 167
16
Chicago Wheat
Dec.
674 607
651
199
1. up
11{"
Chase National, B. 281 National City Bank 21
271*.
Chicago Corn
Dec.
211*
Winnipeg Wheat - Dec.
$2 511 66% 652 641
51
512
2 up
66
14 up
ק.
151
Call Money
1%
1%
: ex div.
bid.
NEW YORK COTTON
October December
Close
7.83/83 ....7.87/87.
Opening 7.84/84 *7,88/88
Closing
Change
.09 m
January
(1930)
7.87/87.
7.86/88 ..
7.77/78 7.77/77
10 01
.10 off
ANY LETTERS FOR YOU?
(.. March May July
>
7.89/89
7.80/89
1,79/79
10 of
>
*7.85/85
7.84/84
7.74/75
11 of
7.83/84
7.83/83
7.75/75
.08 off
Spot
7.95
7.82. N
.13 off
NEW YORK RUBBER September
16.05b/10a
December
16.13/15
CLOSED
16.20/22
16.30/31
851/651
651/651
***
..: 662/67
14
661/681 67/671 66/681 677/68/" 671/68 22,409,000 bushels.
ឧ
up
521/527
537/637
51/512
C.
531/53
511/511 534/54
514/517
54/541
WINNIPEG WHEAT October...un December
851/651 854/681
May
*: 641/848
671/88
854/66
601/603 66/68
11 up
691/89)
43.70 N 42/3/4 NY Bilver, Odal NY-L'don Cross Rate... 480.
closed
unquoted <4.79-11/10