PAGE 12-HONGKONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
kiyor Ballor BalNominal;
$1,440
$1,438)
Lad
210
Sharebrokers' Association
WEDNESDAY,}
SEPT. 21.
Banks
Bayern
Bales Nominai
H.C. Books... $1,435
Do. (Col. Reg.).....
Do. (too. Reg..........
Chartered Banki
229 Mercantile Bike. "A" £139 Mercantile Bke "C"
$89
$510
507
10
$20
Bank of Eat Axis
N. C. & S. Banks........
Ingersnood
Canton TasuranÇIR
Underwriter S
H.E. Firem.**********
2:31
FINANCE
THE EXCHANGE MARKET
NEW
YORK STOCK EXCHANGE
810t
£**
£13
038
$135
$510
32
MESSRS. ROZA BROS:
The price for Ready Silver was unchanged yesterday but the for- ward rate
to 18.1/8. rose. 1/16 Sliver advices reported the market as being steady. Speculators oper--|
America' bought. ated both ways.
The market closed with buyers at the quoted rate with sellers at 1/16 over. American Silver was quoted at 42 3/4 for Spot,
The London /New York cross- rate was quoted at 482.12. New York London was quoted at 481. 7/8.
(Through Reuter's Sarvica)
QUOTATIONS
1938
High 145.67 98.91 Industrials
33.77 19.00 90 Baile 9263 15.16 90 Utiliares VLYC 83.39 40 Bonds
Low Dow Jones Averages,
Sept. 19.
134.10
24.73
17.06
Sept. 21, 1938. High Low 199.49 137.1 138,41 4,31,uş 25.89 13.91 25.07 .8 up 1 up 18.89 18.0 15.70
CloseChang
86.35
39.00 45.03.11 Commodity Index 47,40
86.90 .54 up 47.52.1 up
Business Dono:-1,200,000: shares.
1300
MARKET
"
Shipping
Quiet.
#72
Bociganen .....
STERLING
STOCKS
Adams Express ....... Alleghany Steel Co, Allis Chalmers ............. Amer. Can....... Amer. & For. Power
Last Baje Sept. 19 20
10
STOCKS
Last Sale
Sept. 19 20
THURSDAY, SEPTEMBER 22, 1938.
PAYNE & CO.
·COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
104
Great Western Sugar 27
274
16-
173
Greyhound Corpn.
144.
151
25)
48
Hecker Products
71 71
951
952
int. Nickel
+7+
484
SPOT
3+
31
int. Tel & Tel.'
71
&
OCT.-DEC.
1124
$91
Steamboata
360
Indo-Chinas (Preč.)....
184
Indo-Chines (Del.)
$24.
80/10) Shell
$130 $7
130/1
0.70/7.0
$3.80
[6 35/85]
SIA
$7.00 $501
$7/7,10
18.10 Waterboats ................
15/6 Kailana
Mining
19,70 Baube ...........................
$3
Vanssuele Gold Fida.
17 cta. Hong Kong Mine......
Docks, WharvIS,
Godowas, ele.
HK & E. Wharves...
Providents (old)................... Providenta (new)..................... H.K&W. Docks....
Do. (now)...... $125 Shanghai Dooks B. $3.90 Nw Engineerings 8.
Lands, "Hotels, and Buildings
HK Hot
$107) Do. 4% Debentures
86/10 #9.15
No business was reported. market closed with seilers at 1/3 September /November and
The
Amer. & For. $7 pf.
151
161
Kennecott Coppar... 401
411
JAN.-MARCH ..... ..... ......
Sept 19
buyers
sellera
26-1/8
26-3/8
28-1/2 26-3/4 27-1/4 27
Sept. 20 buyers sellers
Up 3/8 28-3/4 27 27 27-1/4 Up 1/2 27-5/8 27-7/8
Change
up 5/8
Amer. Locomotive...
151
181
Libbey-Owens- Ford
1/2
Amer. Lielais
311
*334
Glass
471
501
31/32 December February, buyers
Amer. Radiator
141
151
Lockheed Aircraft
12
131
15/0 $60
at 1/9 1/32 Cash /November and 1/3 January February.
Amer. Rolling Mill...
151
171
Loew's Inc. ......
47
49
$130
13301 $7 16
$30 $19
#130 $395
SHANGHAI DOLLARS
Humphreys....
Colton Mul
(S.).......
**
$7.15
H.K. Lands83391
| #107)
8.Shanghai Lands 8.
$5.60
H.X. Beatties
$310
$98
Chinese Estates.....
18
$90
8'hai Cottons (8.) ...........
$34
Zoong Sings (8.).......
$12
Wing On Taxtiles (8.)
Public Utilities
$17.15
Tramways
$16.90
Pesk Trama (old)......
Peak Trame (new
134.-
$77)
Biar Forries
T'ati Parris C.B.S
$24
(DW)
#77 1244 $24
$11.20
11.35
China Lights (old).................
$11.35
38 15
Irina Lights (new).
H.K. Electrica ..................... Macko Electrion
$8.15
159
310
1184
$90
124
F
342
བློ་ :
!!!. i
!
***
HM
$172
9.35 Sandakan Lights.
$x Talephones (old).
33 Telephones (Déw)......
2679 ---Trection
10,0
$13
Tractions (praf.) mini
Industrial
Cald., Macg. (Old) B.
Caid., Macg. (Pent.) 8.
11.70 Canton Ice ......
Canta
$4.00 Ropes...............................
Consolidated
$26.40/76_400,
China Prov. (old)....
China Prov. (new).............
Miscellaneou
Fairy Farma Kama
#j {Ch. E'tinmente .......................... $630
$1,90. Constructions (old).....
Constructions (DW)....
$8.70 Lane Crawfords.........
$8.80
U.S. DOLLARS Some business was reported at 30 1/8 for November at the open- with ing. The market closed seilers at 30 1/8 September, and 30 1/16 October November, buyers at 30 3/18 Cash October and 90 1/8 November.
**** 172 3/4.
SHANGHAI MARKET Sterling. 8.21/32. US Dollars. 17. 3/8.
H. K. STOCK EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
Conditions during the short ses- sion were rather overshadowed by from the latest political news Europe. This was received with some degree of pessimism and this. in turn, reacted on the market. Closing tone easy and a little ap- préhensive.
BUYERS
Columbia 6% "A" pl. Commercial Credit... Commonwealth & 8. Commonwealth & 8.
6% cum pf. Consolidated Édison Consolidated Ci
Amer. Smelting Amer. Bugar Ring --- Amer. Tel. & Tel Amer. Tobacco g
45
461
Martin. Olen la men
191
20
******
211*
211
McKesson & Rob-
138
141
bits, $3 pf.
31**
***
62
841
Monsanto Chemical 94
81
81
Ainer. Waterworks ... Anaconda Copper ... Atchison, T. & 8, Fe. Auburn Motora..... Baltimore & Ohio... Barber & Co.
Montgomery Ward...
443
32 944 481
321
331
Nat Dairy Products 12)
124
321
331
Nat Distillers......
23.
+
33#
Nat. Power & Light
8+
61
61
7
Nat. Supply Corpn. 14
151
175 18)
New York Central... 154
161
15) 16)
Barnsdall On
N. America Aviation
81
87
551
571
Bethlehem Steel
North America Co.
181.
183
Boeing Airplane Co.
217.
221
Northern Pacific...
$1
104
311
33
ין
Borg-Warner
Pacific Gas & Elec
257
261
3111
S23
Briggs' M'facturing.
Pacific Lighting
36"
37
Brooklyn-Manhattan
Packard Motors........
41.
41
Tranz.
31
83
Paramount Pictures
ᎦᎥ ..
10
Brooklyn-Marhattan
Pennsylvania R.R.....
171 184
28 *
281
$8 cum. pt....
Phillips Petroleum 363
391
51
0
Canadian Pacific
Public Service of N.3.-27
271
9 POT
Case. J.L
831
84
Pure Oll
91
91
JAN.-MARCH
Chesapeake & Ohio
261
281
Radio Corpn. of Am.
81
01
APRIL-JUNE
sellers
7-15/16 8
8-1/16-
... 8-1/8.
881
701
Chrysler Corpn. ......
Republic Steel..........
161
174
6)
Columbla Gas & El.
Reynold Tobac. "B":401
411
68
'70
Schenley
151
161
46
471
Schenley. 51% ptd...
€9 **
694*
1
I
Sears Roebuck
€8
FOL
Shell Union Oil
141
151
36 *
37
Socoay-Vacuum Oll
127
131.
241
11
251
Southern Pacific...
14+
15%
31
B+
Southern Rly $5 pfd.
144
16+
Continental Can
391
41)
Standard Brands .....
7
Continental Oll
281
29}
Stand Gas & Elec.
*3
31'
Corn. Products ......
641
061
Standard Oil of N.J. 511
531
$262
Hongkong Bank, S1440.
Curtiss Wright (C)
4
41
Stone & Webster
&
81
89.55
Canton Insurance, $228,
Curtiss Wright "A" 194
201
Swift International 201
261
26.0
Union Insurance, $510.
Distillers Corpn. Sea-
Technicolor
Hongkong
K. Wharves... $130.
grams
14
145
Providents Old), $?...
Douglas Aircraft.
421
1.19 Texas Gulf Sulphur 34 35§ 2311 241 20th Cent. Fox. 431
20
P!
#!
$1.80
8174
$4.85
***
Providents (New), $8.80, H. & S. Hotels. $7.05. Hongkong Lands. $38) Hongkong, Realties, $5.60. Peak Trams (Old), $81. Chma Lights, (Old), 311.20. China Lights (New), $3.15. Cements, $17.
Du Pont
130
133
do. $1 pí.
81)*: 321*
Eagle Picher Lend" 101
301
Union Carbide
Elec. Bond & Share
61
7
Carton
79
821
Elec. Bond & Share
Union Pacifc
81
851
$5 pt.
42
471
United Aircraft
241
251
Elec. Band & Share
$8 pf.
United Airunes Trans
77
21
481*
52
United Corpn. ......
21
21
Elec. Power & Light
United Corpn. $3
Dairy Farms, '$251.
ST pl.
29
30)
cum på.........
271
281
$1.90
Ny
Tobacco...
$5
$1.20 Binceres
$2.05
$7.90 $8.00
$8.10
6pm
$6.25 Vibro Pull
13/8
67 Ch.0.5% 1925-(#B4#.
H.K. Govt 4% Lowas 1pm H.E. Gort. 31% Loans $101
$50 H.K. Wing On recen
S'hal Wing On...
· Mazazumna Zor. (Lon.)
3/4Maramans Inv. (H.K.)
75 eta Wm. Powells.
67%
Watsons, $7.90. Marsmans (Lon.), 13/6.
SELLERS Douglases, $683. - Hongkong Steamboats, $21. Watsons. $8 16.
Flintkote
22
-23
United Gas Corpn
31
34
Gen. Amerleg Tram
431*
494
Un. Gas 'provem't
The market opened 1 cent higher for all forward deliveries as compared with Monday's closing quotations.
Very steady conditions prevailed throughout the session due to very satisfactory developments in the European political situation. Substantial buying orders for "actuals" were received from principal consuming centres, whilst great activity was also displayed by träde and speculative interests. It was difficult to arrange business on the basis of quoted rates due to the reserved attitude of sellers and whenever business was transacted, buyers mostly had to meet sellers price-ideas." Business was passing at 27-78 cents for January- March option at which rate there were further buyers at the close of the session. The market closed with a firm undertone.
It is generally felt that on the achievement of a general Euro- pean political settlement the market may move sharply "to higher ground, although apprehenalons of labour-untest in the American automobile industry may temporarily retard the upward trend to some extent.
LONDON RUBBER
Previous close.. buyers
Change
Today's close buyers" "sellers' 8-1/16 3-1/8 up 1/8
8-3/16 8-3/16 -8-1/4
Market very steady. Fair turnover.
8-6/16
8-5/16 8-3/8
up 1/8 up 3/16
NEW YORK COTTON
The market early advanced on more favourable foreign news, steadier Liverpool cables and a stronger stock market. There was some Commission house buying, but offerings were comparatively light. October liquidation was moderate and was easily absorbed Demand, however, tapered off on the advance, with traders awaiting more definite Czech developments. Towards the close, offerings be- came scarce and the undertone was distinctly firm, as Traders were buying October and also foreign buying of July futurés. Finally. with general buying and realising, the market closed steady.
NEW YORK RUBBER
The 'market was steady and rallied partially on nervousness, Wall Street and Commission house buying. Demand, was accredited to foreign accounts.
CHICAGO WHEAT
The easing of the European tension, together with adverse Liver- pool and Winnipeg advices imparted a heavy undertone. Further depressing factors were favourable Southern Hemisphere crop news and increased European crop estimates. Finally, the market rallied somewhat on covering.
"
ધૂમ્ર
Gen. Electrle
387
401
U.S. Rubber pr.
413.
"431
Gen. Motors
1.
Gen. Railway Signal
Glidden Co.
$106.
Goodrich (B,F,)
***
Goodrich $5 pl. ......
$8.40
+75 cta.
Goodyear Tire & Co. 251 Great Northern Iron
Ore
Great Northern Ely. 171
LONDON - EXCHANGE
(British Wireless Service)
RATES
Sept. 20
SALES
Hongkong, Bank, $1435. Union Insurance, $5071/510. Hongkong & K. Wharves, $130/1. Providents (Old), $6.70/7.20 Providents (New), $6.35 $55. H. & B. Hotels, $7/7.10. Hongkong Tramways, $17.15. China Lights (Old), $11.35.
Hongkong Electrics. $581/59).
Cements. $171.
Dairy Farms, $25.40/75.
(Prices below in Phil: Currency)
Antamaks Ps... .38
RAUB MINES REPORT
The following report of the Raub Australian Gold Mining Com- pany Ltd. for the period ending September 10 has just been released;
New York Commodity
Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. L. Levy & Company)
-New-York Cotton Dec. New York Rubber-Dec. - Dec. Chicago Wheat Chicago Corn -Dec. Winnipeg Wheat - Dec.
Prev. Today's
High Low Close Close Change
8.09 7.93 7.84 8.04 .02 up 16.59 18.45 16.17 16.58 41 up 611 632 65 641 7 out 401 11 off
501 49 501
621 611 831
614 14 of
4
452
US. 'Steel
801
841
韶
174*
181
UB. Rubbe
55
561
10
201
Vanadium
171
IB
201
221
Warner Bros. Pict....
54
6
501
541
Westinghouse
Elec. 99...
1011
261
Woodward Iron Cor. 16}
181
Chase National Bk. 281*
291*
12
13
181
National City Bank 221* Call Money
231*
1%
"éz. div.
1%
• bid.
New York, Sept. 20 (Tuesday)
Parts
Geneva
Berlin
Athens
Milan Copenhagen
Sept. 19
178-21/64
178-21/04
21.28-1/4
12
21.281 12.06
91-1/4
91-11/16
19.40 Bld
480-5/16
8.92
'4.13/18 8.92-3/16
1392
Stockholma Shangtrai
New York
Amsterdam
Vien
Prague Helsingfors
Bucharest
Hong Kon
Bonbay
Montreal
Prussels.....
Yokohama
130-5/8 228-3/4 670
1/2 31/32 1-5d. 29732 4.82-7/8 28.461
*4.821
28.591
Belgrade
214
Buenos Aires
Monte Video
19.014 20
R10
2-15/16
aver Orard) Ze
201
1
Silver (Spot)
21
191
33% 091
31% 1008.
War Loan ............
O LosDON:-
Closing Quotations
Telegraphie Trailer
Bank Bills, on demand
173
Credita, 4 months' sight 1/3)
UN SHANGWAL:-/
On defeand
Dk Faran 21,
On New Yoha 2-
Bank Bills, on demand 2913/18
·C18216;;' 80 days' night 23-5/1€
D'a demand
56-3/16
Bank Bills, on demand -1,085. - Credits, 4 months” night 1,180 UN-S100
On demand
Atoks, 381
Baguio Gold, 26.
Benguet Consol., 11.60
Coco Grove, .42
Consolidated Mines, .0035
Demonstrations, .29
San Mauricio, 73
I. X. L., .65
Buyoc Consol.. 18)
United Paracales, 331
SINGAPORE STOCK
QUOTATIONS
Bingapore, Sept. 16.
The following quotations of 12 advanced 14ft to 821;. "through leading Singapore stocks have country rock,"
At 546ft. south west crosscut ad81ft. reef 25 inches wide carrying March been received by Messrs. Ellis & Edgar from Messrs. J. M. Bassoon vanced 9ft. to 64ft. intersecting at & Co., Singapore,
RUBBER SHARES
'Middle Price Amalgamated Malay Estates,
Ltd., $1.60 cid, Kempas, Limited, $1.924. Kuala Bidim Rubber Co., Ltd..
$2.50.
Pajam, Limited, 31.80.
Sungei Bagan - Rubber Estates,
Ltd., $1.471
Tapah Rubber Estates,
.31.05.
Led.
TIN SHARES Petaling Tin, Ltd., $7.75. Bunge! 'Luns 'Tin Dredging, Ltd.,
$158.
INDUSTRIALS
53ft, reef 12 inches wide carrying payable values
low vaues
At 308ft. South air. West north- and south drives commenced and extended 6ft. and art respectivėly along reef channel.
Section
MINING DEVELOPMENT. Crosscutting
Driving
Winzing & Rising'
Total
NEW YORK COTTON
Bukit Koman
· 432
467
10
B09
#
Lilburne
Close
Opening Closing
Change
Derrick
159
160
372
Anderson.
Raub
743
298
51
$92
October December
7.78/79
7.88/89
*7.84/84
7.95/96
8.00/00 8.04/05
22 -up
.20 up
Bukit Jalis
78
140
232
January
(1939)
7.84/85
7.90/97
8.06/06
March
(
788/88
7.99/8.00
8.07/09
.19
912
1,085
128
2,105
May
( >...
7.83/83
7.95/04
8.09/05
20
July
} .
7.82/83
7.95/94
8.04/04
BBBBBB
Spot
7.83 N
7.62 N
nch.
BUKIT KOMAN SECTION
No. Favel
At 308ft. south east crosscut ad- vanced 8ft. to 73ft. through cou-
NEW YORK RUBBER
At $481t. south east. crosscut
try rock.
At 308ft. south west crosscut ad- September vanced lift. to 68ft. intersecting at December
...... 16.00 N
18.45 B
15.17/17
18.50/47
18.58/59
39 up :14
i
May
16.28/28 16.30/32
16.59/58
16.68/67
16.67/67
18,75b778a-
204 up 145
Sales for the day:---
3,540 tons
CHICAGO WHEAT
841/631 65/847
631/633
843/641 681/601-653/651 -
041/641
65
651/651
Monday's Bales:-
At 560ft. east north drive ad- yanced 47ft. to 169tt. along low
-18,707,000 bushels,
CHICAGO CORN
531/534
521/52
December
601/501
May
521/521
501/501 521/52
498/49+
52/52
895
T
WINNIPEG WHEAT
031/64
621/621
*631/691 5217621
814/612
661/061
65/85
NEW YORK STRAITS TIN
43.95 N 43.40b/44.15a 43,90 'N ̧
36.975
Transocean.
NY silver, Oficial..... 42-8/4
"Ra... 280-5/8 Ny-don
42-3/4.
4.81-7/8
At 548ft, south 54ft. west north drive commenced and extended 48ft. along reef 23 inches wide carrying payable values.
At 408ft, south east and west crosscuts commenced and extend- At 548ft. south 54ft. West southed 42ft; and 52ft. respectively both drive comienced and extended through country took. 481t. along reet 17 inches wide carrying good values.
No. 10 Level:
No. 9 Level South drive advanced 40ft. to grade reef 31 inches wide. 4681t, along rear channel
REICHSMARK QUOTATIONS
Berlin, Sept. 21. The Reichsmark was gripte:1 without 'guarantee at:-
Amsterdam, 74.10.
UN BIGaroze—
109
On demand
53-3/18
Straits Trading Co. $28.75. United Engineers, Ltd. (Ord.),
$8.00,
New York, 40.11:
ON MANILA:---
001
Wearne Brothers, Ltd., $14.75:
Paris, 1485.
" GOLD
Or_BinGxoX÷-
On demand
1001
On demand
Raub Australian Gold Mining
1498
I
Sovereten Rotze
Bank Buying Bate....
Note: The above quotations are
1/3-1/15 19)
Co., Ltd. $5.10 xd
in Straits dollars.
London, 12.065.
Paris Sterling, 178.30 to 178.33 Paris US Dollar,
September
December "May...
At 580ft. east south drive id-September ávneed 16ft. to 1281t, along reét channel.
At 100ft, south east crosscut ad- vanced 511 to 81ft, through coán- try rock.
Fareast At 1001t. south crossout an October ... vanced 58ft, to 83ft. through con- December
May try rock
BUKIT KOMAN NORTH
•No. 1 Level South ddve advanced 49ft. to December 398ft. along reef channel.
(Continsed on Face