PAGE 12-HONGKONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers' Association
FINANCE
THE EXCHANGE MARKET
NEW
YORK STOCK EXCHANGE
(Through Renter's Service)
Burend Sollar
Sales Nominal
TUESDAY. SEPT. 20.
Bayer Sellers
Salvominal
E85:
$1,425
ox.div. £
E3
2131 189
$290
$128
Banks
B.I. Banks
k. (Cal Reg.)...-----| Du. (Loa. Reg)....) Chartered Banks .... Marcsatile Bka “A” Mercantile Bks. "C" Bank of Bass Asin N. C., & & Banks.
Lazarances
Canion Insurances. »
$500 Union Insurances
1996
1881
$21,
Bh
124
::
| Underwriters coment
- Piret Tulostamos
Shipping
Douglases
ecarncan
Steamboats grant
Indo-Chinas (Prof.)....
Indo-Chinas (Del.).............
850 Shells ............
19.10 Waterbosts
-Mixing
15/6 Kallans ..
19.70 Raubs ....
$3
Venezuels Gold Fide.
17 ota. Hong Kong Mions......
19+
$19
Docks, WharvOK,
Godowns, eten.
H.K, & K. Wharrea...
#185
Erovidenta (old)........ $4.70
Providents (W)..................
H.K. & W. Docks....
Do
(DEN)
$15 Shanghai Docks 8......
$3.99 New Engineering 8.
Lands, Hotels, and Buliding?
H.E. Hotels H.E. Laide.......8. Do. 4% Debentures
.40 Shanghai Lands 8.
$6.05 137 $37.60
$6,86
$107
#6.80
3:0
.98
•
...
$1,450
£27 ESB
respectively.
ported very poor support.
jox.div. £10)
Ex9 £131
$88
12
$298
$510
105
$73
$12
$80
124
88/0
$9,15
39.60
re-
MESSRS. ROZA BROS,
Silver prices were lower yester- day to the extent of 5/16 for Ready and 1/4 for Forward, the quota- 19.1/4 and 19.1/18 tions being
Sliver advices
1938-
QUOTATIONS
Sept. 20, 1938.
High Low Dow Jones Averages, Sept. 17. High Law Close 143,87 98.95 30 Industrials.
Chang
131.82
38.77 19.00 30 Baile
24.01
There
29.65 18.14 20 Utilities
17.34
190.24 133.49 134.10 2.28
23.08 24.65 24.73 18.1 17.71 17.98
.74 up
קט צט,
$2.85
$6.70
$37.70 $167)
$1.80
310
$173
S'bal Culton (8.).....
$90
Zocag Sing (8.).......
$49
Wing On Textiles (8.)
$24 $12
Public Utilities
$162 #17 $01
Tramways noopener
$16.90
$31
Peak Trams (old)...... Peak Trams (new)..................
181
$77 Star Ferries
$10.80
$10.90
$241. T'mati Ferries 374
Do: Chiza Lights
C.B.S
(Dew)
(old)..
$10.80 $11
BL
#51
ra Lights (new)......... H.K. Electrics.
$94
$8.10 $681
$281 .$9.65 $60
-
226-3/4
670
1/2 31/32
1-5d, 29/32
4.821
4.82-7/8
H. & & Hotels, $7:05. H. K. Lands, $362. H. K. Realties, $5.60.
28.41
28.451
Yokohama
Belgrade
214
Buenos Aires
19.01
19.01
Monte Video
20
2-15/16
Alver (Forward)
19-5/16
201
19-9/16
21
19.35
$251
*317):
324
H.K. Realinsatzarmen
Humphreys
Chinese Bataton -
Cotton MU
Ewa (5.)
$17 Macao Electrics
Sandakan Lights
1361 Telophones (old)..
$9.35 Telephones (sex).................
28/3 Tractions ......
26/7 Tractions (praf.) ................
$14
1.
#1291
$875
$8.53 $30 $10
1311 $3.95
ladustrials
$13
Cald., Macg. (Pent.) 8.
Cald.. Macg. (Ord ) 8.
81.80
$1.70 Canton. lees
1
$17) Cemanta“
#17 $4.90
$4,90 Rapa ************
+
Consolidated
China Prov. (old).......
China Prov, (DEW).............. Miscellaneous
Dairy Farms.............. Ch. E'tainmentë.........
$1.20 Constructions (did)..........
Construction_(new).....]
$8.70 Lane Crawfords
Nanyang Tobacco ..............
6pm R.K. Gort, 4% Loss
was some general selling. Bears
The covered to a small extent market was steady Later Ameri can trade bought at 1:18 over the quoted rate. Bellers were scarce. American Silver was quoted at 42 3/4 for Spot.
The London New York cross- New rate was "quoted at 480,31. York /London was quoted at 480. 5/8.
MARKET Indications pointed to steadiness at the opening with speculators selling U.S. Dollers due to the easier. European situation. closing tendency quite, steady.
STERLING
Amer. Metals
Amer. Radiator
The Amer. Rolling Mill tpm_was_Amer. Smelting...... Amer Sugar Ring... Amer. Tel. & Tel Amer. Tobacco - "B" Amer. Waterworks. Anaconda Copper.... Atchison, T. & 8. F. Auburn: Motors i.... Baltimore & Ohio- Barber & Co........ Barnsdall Of...
Was Indicated at 1/3 sellers for September/October at the open- ing time but a demand at that rate was not met, amall buyers bidding 1/3 December. The tone at the close was steady with sellers at 1/3 and 1/2 /November September 31/32 December /February, buyers at 1/3-1/32 Cash /October and 1/3 January February.
U.S. DOLLARS
Were relatively steady. There were sellers at 30 for near delivery at the opening but subsequently 30 1/16 was offered. The market closed at i pan. with sellers at 30 1/8 September. possibly October. buyers at 30 3/16 Cash /October and 30 1/8 November December. SHANGHAI DOLLARS
171 1/2 sellers at the opening. The market closed at 1 pm, with sellers at 174. buyers at 174 3/4"
SHANGHAT MARKET
At a slightly lower level than yesterday. opening at 8.11/18. re- ceding later to 8.21/32. 8.9/16 and 8.1/2 but reacted to 8.19/32 at the close, U.S. Dollars were quoted in Shanghai at 173/8 at the opening. The closing rate was 17.1/4.
THE AFTERNOON The market continued steady in the afternoon. No. business was reported.
STERLING
The market closed with sellers at 1/3 September November and 1/2 31/32 January February. buyers at 1/3 1/32 Cash /October and 1/3 January February.
U.S. DOLLARS
Sellers at 30 1/8 September and 30 1/16 October November, buyers at 30 3/16 Cash /October and 30 1/8 November,
SHANGHAI DOLLARS
SHANGHAI MARKET Sterling. 8.21/32. Ug.s. 17.3/8.
[cum.d} $25)
$6.30 $1.10
18
173.
$5
$2.20 Binceres
$2.05
Watson Mo
$7.90
87 Ch. 0.5% 1095G.Bda.
87%
8106
1pm H.E. Govt. 31% Loans $101
100
H.K. Wing On
380
$6,40
!!!!
| S'hai Wing Du
$6.96 Vibro, Piling ..................
13/0 Marmans Inv. (Lon.)
Marsmans Inv. (HK.)
75 sta Wm. Powells
**Bales to Shanghai
LONDON EXCHANGE
Parla Geneva Berlin
Athens
Mulan
Copenhagen
Stockholm Shanghai,
New York Amsterdam Vienna
Prague Helsingfors
Bucharest ...m
Bong Hong
Bombay .......
Montreal
Prussels.
Rio
Silver (Spot) .... War Loan-
ON LONDON-
(British Wireless Service)
Sept. 17
· 178-21/54
21.284
11.99
91-3/16
•
76 cia.
RATES
Sept. 19 178-21/64 21.28-1/4
12
91-1/4
19.40
Bid
4.79-7/8 3.921
4:80-5/16 8.92
130-5/8
139-11/16
Closing Quotations
September 20, 1938.
Telegraphic Transfer }1/2% Bank Billa, on demand J. "Credits, 4 months' sight. 1/9}
ON SHANGHAI ? ---
On demand.....
ON SINGAPORE.
On demand <..
IN JAPAN-
On demand
E I
165 not.
ON NEW YORK:-
34% 991
Bank Bills, on demand. 297 Credits, 60 days' zigki 201⁄2 ON BAZANIA:-
On-demand ...... 66-3/16 OK PARI:-
Bank Bills, on demand 1,095 Credits, 4 months' night – 1,180 GR-S&100%)=='
On demand
B-8/18 ON MANILA
Bet On demand
1061
Os ́ BANGKOK 1 ---
On demand
Sovereign Noten
'mar Rájur. DER (FR
Talographic Tanaber... 83"
Hank: Buying Bata........
108
1408
1/2-1/16
H. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
The "favourable political news from Europe, has resulted in a more confident tone in the local market. This confidence has been reflected in a general all round im provement in the popular stocks. many of which have registered substantial gains during the day. The closing tone is steady with unsatisfed buyers still in evidence. BUYERS
Hong Kong Bank, $1430. Canton Insurance. $225. Union Insurance, $510. H. K. & K. Wharves, $130. Providents (Old) $1.05,
Providents (New), 58.85.
EK Tramways $17.05.
Peak Trams (Old), $52......
China Lights (Old); $11.20. H K Electrics, (594 Sandakan Lights, $9,35. Dairy Farms,' $25.75.' Watsons. $8.
SELLER'S Douglases. $882, 715 HK Steamboats, 321j.
SALES
Hong Kong Bank, $1435, - Union Insurance, $507/10. H. K & K Wharves, $130/1. Frovidents (Old); $6.70/72,' :- Providents (New), $6.35/55. H. & 8. Hotels, $77.10. H. K. Tramways, 317.15. China ghts (Old); $11.35. HH. Electrics, 358410.15 Dairy Farms, $25.40/75. (Prices below in Phil' Currency)
Antamoks Fa: 37
San Mauricio Ex. rts...69
Baguio Gold, 24"
Benguet Consol; 11.50
Buybe consol. 171
United Paracales, 311
is Mfacturing. Brooklyn-Manhattan
Trans. ...... Brooklyn-Manhattan *
$6 cum. pf...vinn Canadian Pactic.... Case. JI...
Chesapeake & Ohio Chrysler Corpn....... Columbla Gas & H. Columbia 8% "A" pl. Commercial Credit.. Commonwealth & B Commonwealth & 8.
6% cum pf. Consolidated Edison Consolidated C. Continental Can Continental Ou
Philippine Mining News
MAPASO
GOLDFIELDS,
Inc., and in the Calomagon group cop- reported that the tonnage milled per oxide with an assay value of at the East Mindanao mill during 19 per cent has been found, the August was 300.69.
report says. LODE Exploration work is at present - MINDANAO MOTHER Mines, Inc., produced P149,554.00 being carried on by diamond drii- during August, from 4,700 tons of lng on recommendation of Pome- a roy C. Merril, mining engineer, to ere treated. This represents substantial gain over the July out-determine within the shortest time put, and is the highest monthly possible the extent of the deposits" and the commercial value of the production of the year,
copper claims.
TINAGO CONSOLIDATED Mines, Inc., produced P6,700 worth of concentrate and bullion during August from 1,100 tons of ore milled! !!
December January March May Associated Mines has current as- July sets as of June 30, amounting to spot P136,141,88 of which P177,486.48 is cash on hand and in banks, the The mill averaged 12 hours run-balance sheet shows. Its current sing time per day during the liabilities as of the same date September month. Production is down ap amounted to P2,207.48 only. proximately P3,000 from that of July.
December
MINE FACTORS, Inc., started March leading its 3,000 tons of manganese ·May Metallurgical difficulties have ore from its Siquijor property re- been encountered in the mill and cently on the is. Būšana "whe were purchased by Luzon uperations have been curtailed un- fores
til these difficulties are overcoms,Stevedoring Company, Mr. Bom Nielson engineer stated.
HONG KONG. MINES Limited produced P58,509 worth of lead arid
silver concentrates during August, H.K. SHAREBROKERS
trom: 3,892 tons of one treated. Production was up about P1000 from the previous month, and was new all-time monthly high rew cord, 9 Things
ABSOCIATED MINES, Inc., states, in its annual report to the stockholders that the company has acquired for operation two groups of copper properties located in the town Calolbon, island of - Ostan- duanes, Albay
The first group known as Pulot group contains 50, copper lode claims and the second Caloma got group 43 copper lode claims. Pulot group contains free copper
BUTEES Banks, $1435. Providents Consol (Old), $7.10. Dairy Farmin, $25) CD. Coco Groves, 69 cts. SELLERS
H-K. Docks (New), $19. Yaumati Ferries (Old), $24N) Lights (Old), (#21) Ropes, $4 85, Watsons, 88.10.
SALES Providents, Consol. (Old), $7.15. Hotels, #7.15.
Lights (Old), $11.35.
May ay
December
NY Silver Official
NY-Lidon Cross Rate... 4.79-7/16
· 99,10 · 83.39 40 Bonds
86.42
86.36
59.00 0.03 11, Commodity index anquoted
47.40
**** Business Done:~930,000 shares."
STOCKS
Adama Express Alleghany Steel Co. 18 Allis Chalmers Amer. Can
Last Sale Sept. 17 19
91
STOCKS
Last Sale Sept. 17 19
WEDNESDAY, SEPTEMBER 21, 1938
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
:
(FROM PAYNE & CO.)
10
Great Western Sugar 261
161
Greyhound
Corpn. 141
27. 141.
45
454
Becker Products ...
61
T
943
951
Int. Nickel
451
471
SPOT
Amer, & For. Power Amer. & For. $7 pt.
3+
31
Int. Tel & Tel.......
7
71
OCT.-DEC.
144
141
Kennecott Copper...
394
401
JAN.-MARCH
SINGAPORE RUBBER
Sept 17
buyers
26-1/8
26-1/2 26-3/4
... 27
27-1/4
Sept. 19
sellers buyers sellers
28-3/8
change.
25-1/8 26-3/8
unch.
26-1/2 28-3/4 *
27-1/4
Amer. Locomotivë
152
104
Libbey-Owens- Ford
30
Olass
451
471
133
141
Lockheed Aircraft
127
121
151
151
Loew's Inc.
45
#.421
45
Martin, Glen L. 18
191
-214
McKesson & Rob-
135)
138
bins, $3 pf.
311
311*
B01
82
Monsanto Chemical 93
94
s
Montgomery Ward..
43
441
31+ 291
321
Nat Dairy Products 121
121
301
Nat. Distillera .........
411
22
31. +
Nat. Power & Light
51
6
61
61
Nat. Supply Corp. 13
14
16
17
New York Central... 144
131
147
151
N. America Aviation
71
8'
541
55
Bethlehem Steel ......
North America. Co. 181
181
ご
201
217
Boeing Airplane Co.
Northern Pacific
81
91
294
317
Borg-Warner
Pacific Gas & Elec"
251
251
291
3137
Pacific Lighting......
36 *
361
"
Packard Motors,
4
41
The market opened 1/8 of a cent lawer for all deliveries as com- pared with Saturday's closing quotations,
After the opening the market was featureless, dealers and specu- lators preferring to maintain side-line positions, mainly due to the fact that Rubber Exchanges in London and New York were closed on Saturday last.
Subsequently, however, the market encountered easiness due to apprehensions of increasing labour-troubles in the American Motor- car industry together with continued nervousness about the European political situation. Selling, mainly for speculative accounts and com- ing on a narrow market, was responsible for a gradual pricé-decline of 1/2 cent for all deliveries, but towards the close of the session prices for spot and October-December delivery staged a slight re- covery of 1/8 cent, the market closing with a steady undertone.
Unofficially total Malayan Rubber Exports for September are es- timated at 43,500 tons against actual shipments, of 47,246 tons for August-and 43,689 tons for July respectively."
LONDON RUBBER
71
81
Paramount Pictures
9
י'
91
Pennsylvania R.R...
16+
171
254
26*
Phillips Petroleum.
351
362
51
SA
Public Service ofNJ.
201
27
SPOT
80
831
Pure Of
83
JAN.-MARCH 91
APRIL-JUNE
Previous close buyers
Today's close
sellers buyers
sellers.
Change
7-15/18 8
7,15/16 8
-unch.!
7-1/8
8-3/16
8-1/18-
8-3/18
of 1/16
... B-3/16
8-1/4
8-1/3.
8-1/4
off 1/16
28
263
Radio Corpn. of Am.
8
671
687
Republic Steel
151
-51
Reynold Tobac. "B"
401
403
66 *
68 *
Schenley
141
151
41
46
Schenley, 54% pid...
60 *
69 **
·1
1
Sears Roebuck
181
18
Shell Union Oll
141
142
35
23
8
387
271
Corn. Products
011
Curtiss Wright (C) Cartiss Wright "A" Distillers Coron, Sea-
grams Douglas Aircraft ... Da Pont i...................................... Eagle Picher Lead Elec. Bond & Share Elec. Bond & Share
$5 pl.. Elec. Bond & Share
$6 pf.
41
13
421 401 -1271
130
61
15
484
Elec. Power & Light
si pí.
24
Flatkote
201
Gen. America Trans
434
Gen. BestC
371
Gen. Motors..
421
Gen. Railway Signal
18)
Olidden Co.
18
Goodrich (B.F.......
19.
Goodrich #5 pf. .......
49
Goodyear Tire & Co. 241
Great Northern Iron
Que
11 ·
Great Northern Rly, 151
55. 888-2*80** * *** *****
36 *
Socony Vacuum Ol
121
121
Southern Pacific
137
14
Southern Rly $5 pid.
14:
141 »
Standard Brands
.et
ཏྭཱ་
Stand Gas & Elec.
22
3
Standard Oil of N.
504
511
Stone & Webster"
7
.81
194
Bwift International 20
201
Technicolor........
173
19:
Texas Gulf Sulphur
34
341
20th Cent. Fox.
231
2311
311
311
› do. Sit pl.
Union Carbide &
Carbon
77
79
Union Pacific
79
81
United Aircraft ......
24
243
.5
United Airlines Trans
7
484*
United Corpn.
21
21
United Corpn. $3
-
Cum. pi."
27
274
United Gas -Corpn.
3
31
Prices hardened oa Continental trade and speculative support but reacted on disappointing-New York cables.
Rubber stocks held in the United Kingdom showed a decrease of 78 tons for the week ending September 19, 1938.
NEW YORK COTTON
Prices early advanced on steadier Liverpool advices and on a more favourable view of the European situation, although there are still sumetent uncertainties to check any active buying and traders are assuming a waiting position. Hedge-selling was early light, with farmers holding their stocks, being backed by the-Government loan, Operations consisted largely of domestic and foreign liquidation for October and exchanging of latér months. Spot houses were the best buyers for October. Later, the market partially reacted on resump- tion of October liquidation and on generally favourable weather re- parts and prices closed barely steady.
prices
NEW YORK RUBBER
Prices were steady after early firmness on the London market. The Improvement in the European situation was not reflected on the. New York rubber market and business consisted of absorption by factories of scattered offerings and switching of positions.
CHICAGO WHEAT
The market went on the down-trend on general heavy selling and further declined on lower Liverpool and Rotterdam advices. The better turn in the European situation limited the demand for North American wheat. The market today displayed feeble rallying power
434*
Uri. Gas Iproverfi't
91
91
US. Rubber pí.
40
414
U.S. Steel
774
B01
171*
US. Rubba
531 55
Vanadium
151
174
Warner Bros. Pict....
51"
54
Westinghouse Elec. 951
99
Woodward Iron Cor. 16
161
Chase National Ex. 27* National City Bank 217"
28}"
221*
Call: Money ...
1%
.1%
ex. div
bid.
New York, Sept. 19 (Monday)
New York Cotton
Dec.
New York Rubber
Dec:
Chicago Wheat
Dec.
Chicago Com Winnipeg Wheat
Dec.
Dec.
New York Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and 6. Levy & Company)
Prev. Today'a "*. High Low Close Close Change 7.90 7.83 7.77 7.84 07 sig 16.25 16.12 18:13 16.17 .04 up
64) 651
11 of 501 1 off
21 of
51+ 501 841
68% 514 63166
65
831
NEW YORK COTTON.
Glose
Opening
October
7,74/14
82/83
. Closing
7.78/79
Change
17
... 7.77/78
7.83/85
7.84/84
07 up
(1938)
7.77/77
7.83/83
7.84/85
OT up
()...... 1.79/79 (...)
7.86/86
7.88/88
1)
.09 up
*... 7.74/75
7.83/81
7.83/83
09. up
7.75/75
7.82/81
7.82/83
.07 up
7.82 N
7.82 N
NEW YORK RUBBER
16.05b/10a
16.08. N
01 up
18.13/15
16.20/20118.17/17
.04 up
16.20/22 16.30/31
Sales for the day:
18.31/33 16.40b/42a16.30/32 2,840 tons.
16.26/28
.06 up
unch.
CHICAGO WHEAT
bard said.
September
December
663/064 661/661 654/851 $13/66
Saturday's Bales:-
661/661- 18.851,000 bushels.
641/831 65/841
·661/661.
ASSOCIATION
CHICAGO COEN
September December May
537/537 511/51
591/533
-511/51
534/53+
501/50
521/521
588
WINNIPEG WHEAT
October
December
881/60 8/68
68/65 84/83
832/64
831/631
May
65/664
NEW YORK STRAITS TIN
4.20-3/8