PAGE 12–HONGKÒNG DAILY PRESS
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
bers
Bal Nombra!
Sharebrokers' Association
WEDNESDAY.: SEPT. 28.
Buyers Sellers
Bedon
Loraine!
THE EXCHANGE- MARKET
MESSRS. ROZA BROS.
Silver prices dropped 6/16 yes- terday for
and 19 for Forward.
FINANCE
NEW YORK STOCK EXCHANGE"
1Through Reuter's Service)
QUOTATIONS
Sept. 28, 1938. High Low Close 1349 199.62 190.10
THURSDAY, SEPTEMBER 29, 1938.
PAYNE
& CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
!!
Banka
[31,410] H.K. Banks
Do. (Col. Bog.).............
$1,410 256
243
Do. (Lon, Beg )...........
Exa
High bath deliveries, the
Low Dow Jones Averages, Sept. 28. 1/8 for Ready 143.87 88.85 50 industrial quotations being
20 Rails 32.77 19.00 Silver ad-
22.50 16.14 20 Utilitus vices reported purchases made by
94.70 83.30 40 Bonds Speculators America and India.
58.00 $1.03 11 Jommodity ludes 47,73 sold. The market was steady. American Silver was quoted at 42
1938
Chang
50. up
13.03
23.8 9.71 23.08
.ub up
:
17.48 8,04
17.60 17.10 17.25
.34 off
50.51
.33 off
47.40
39 o
Business Bone:-770,000 shares.
STOCKS
£9
Er
Chartered Banks .... Mercantile Bks. "A"
9' for Spot,
"
£57
The London New York 'cross-
612 Mercantile B C
Bank of East Asia i..
388
N. C. & 8. Banks.....
Insuranom
505 Union Insuranom ...............
£13
BAS
$3
rate was quoted at 474, New York !London was quoted at 4.72 7/16..
Adams Express
Last Sale Sept. 26 21
91
STOCKS
Last Sale Sept. 28 27
26 Great Western Sugar 25) 91
COMMODITY MARKET REVIEW
$120
$240
Canton KignTADCOM ---
$505
+3
$$: Underwriters
a
11900
5290
E. Pires ..............
"Shipping
1681 Dongles in
Steamboats...
100
Indo-Chinas (Pruf.)..........
8.4
124
Ludo-Chinsa (Def.).....
No2 6
82/6 Shella ................
19.00 Waterboats
Mining
14/0
Kailan.....
"
14.0
19.70 Reubeng
$3 Venezuuls Gold Fids.
7 cts. Hong Kong Mice........
Docks, WhaİTÜS,
Godowns, cta.
$130 H.K. & K. Where...
$130
18 70
$70 "Providenta (old)..
261
$6
Providenta (D0W)..........
MARKET Erratic. U. 8. Dollars weak due to panicky buying by speculators. STERLING There were sellers" at 1/3 Sep tember and 1/3 31/32 October buyers at 1/3 1/32 December Cash October and 1/3 November
December.
U.S. DOLLARS Were on offer at the opening at 29 3/16 and subsequently 29 3,16 leading to some business at this rate for Spot. Later sellers appeared at 29 1/8. 29 1/16, 29 and 28 15/18. Business was done closing with rates. at variotis 'sellers at 28 1/8 for Cash. buyers as 28 15/16.
Alleghany Steel Co. 151 Allis Chalmērā ...................... Amerada Corps. Amer. Can
157
Greyhound
Corpn.
14
131
44
+4
Hecker Products
61
BI
601
32
int. Nickel .............
15
45
921
941
Int. Tel & Tel
62
71
(FROM PAYNE & CO.)
SINGAPORE RUBBER
Amer. & For. Power Amer. & For. 7 p. 15 Amer. Locomotive............ Amer. Metals
31
Kennecott Copper...
391
391
15
Libbey-Owens- Ford
17 4181
Class
48
454
,301
31
Lockheed Aircraft ...
12
12
Amer. Radiator
14
131
Loew's Inc.
481
461
SPOT
Amer. Rolling Mill...
152
151
Martin, Glen La ......
181
183
OCT.-DEC. -...
Amer. Emelting
421
411
McKesson
27
Rob-
JAN.-MARCH
Bapt. 28
Sept. 27
26-1/8
"buyers sellers buyers sellers. Change
25-7/8
of 1/4 35-3/8 25-5/8 25-5/8
'off.. 1/4 25-7/8 26-1/8 25-5/8 25-7/8
26-3/8 25-7/8 28-1/8 "of 1/4
Amer, Sugar Ring
20 •
201
bins, $3 pi.
301
301
Amer. Tel. &z Tel... Amer. Tobacco
1341
133
Monsanto Chemical 91
901
19
781
Montgomery Ward 411
401
Amer. Waterworks ... Anaconda Copper ... Atchison, T. & 8. Fe. Auburn Motors
81
71
Nat Dairy Products 11
117
31
301
Nat. Distillers ......................
21
22
201
30%
Nat. Power & Light
51
51
3}
32
Nat. Supply Corpn. 121
131
Gi
4
Baltimore & Ohio...
New York Central...
141
14
Barber & Co.
101
10
N. America Aviation
11
13
141
15.
isarnsdall Ol
North America Co.
101
163
$19
191
3125 Shanghai Docks 8.....
$390 Saw Engineeringe S.
11.K. & 19, Docks....
Do (new).
521
521
8181
SHANGHAI DOLLARS
Bethlehem Steel ....
thern Pacific j
82
211
21
* k&
Boeing Airplane Co.
Paclite Gas & El
25
25
331
169.
30
301
Borg Warner
Pacine Lighting
343
341
*
Lands, Hotels, and Buildings
38
H.E. Hotels.........
264
136
H.K. Lande........8.
Bas
$107
Do. 4% Debentures
$107
$8.49 Shanghai Lands 8,
85.00
"H.K. Beslties .......
$31
Hamphreys
191
FUN
Chinese Estate .......
1
Cotton Mills
$174
#15
H
(8.)
$80
300
'8'bai Cottons (8.) ...........
30
524
Zooag Sings (8.).......
$12
Wing On Textiles (B.)
$10
#let Tramway......
Baj
Public Utilities
1184
Peak Trams (old)......
$77
Peak Trams (now)....... Star Ferrissag
$77
$24'mati Ferries:
C.B.$
1341
SIUL
China Lights (old)...........
Do. (DOWIE
$144
#101
$80
in Lights (now).....
$8.00
$50
H.K. Electrics........
$581
SHANGBAI MARKET Sterling opened at 3.13/18 and closed at 8. 25/32. The tone was uncertain. US$. opened at 17 5/16 and closed at 17. 1'32. „Easy.
H. K. STOCK ·
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
In view of the European situa tich the prices of all purely local stocks have been left at nominal quotations,
Briggs Macturing. Brooklyn-Manhattan
Trans. .... Brooklyn-Manhattan $6 cum. pt. ...... Canadian Pacific Case J..
291
237
Packard Motors ......
**
41
Paramount Pictures
81
71
8
Pennsylvania R.R.....
151
181
Philips Petroleum....
352
351
The market opened with prices being purely nominially quoted i cent higher for all deliveries as compared with Monday's closing quotations.
4)
The more reassuring action of New York did not appear to have any influence upon the Singapore market which, at the moment, con- Linues to be entirely dominated by political events.
Further disquieting reports on the European political situation had a demoralising effect upon the market. Forced sales for specula- tive accounts caused prices to sharply decline by 1 cents for all de- liveries, but even at the lower price-level it was very difficult to find buyers.
After some business having been transacted at as low as 2 cents for January-March and at correspondingly higher rates for more dis- tant deliveries, the market closed with a quiet undertone.
LONDON RUBBER
25 *
244
Public Service of N.J.
201
271
5
5
Pure Oll
83
83
76).
771
Radio Corpn. of Aro.
བ༔
6
Chesapeake & Ohio
251
28
Republic Steel ..
151
15..
SPOT
Chrysler Corpa. ..............
60
647
Reynold Tobac. "B"
40..
40%
JAN-MARCH
Columbla Gas & El
51
51
141
.. 144
Schenley
APRIL-JUNE
Previous close
-buyers
#ellers
Today's close
sellers buyers
Change
7-5/8 7-3/4
7-11/16 7-3/4
up 1/16
7-3/4
7-13/16 7-3/4
7-13/18
7-13/18 7-7/8
7-13/16 7-7/8
unch. unch.
Columbia 6% “A” pf
6.47*
631*
Schenley. 54% ptd..:
63
Commercial Credit...
431
43)
Sears Roebuck
66
853
It
1
13-
133
Commonwealth & 8.
Shell Union Oil
Commonwealth & 8.
Socony-Vacuum Oll
121
121
8% cum pt.
35
34
Southern Pacific
141
133
Consolidated Edison 222
231
Southern Rly $5 pfd.
141.
14!
7
Consolidated Cil ..."
BA
8
BA
Standard Brands ....
Continental Can
371
39
Stand Gas & Elec
3
21*
Continental Ou
211
271
Standard Oil of, NJ.
474
-49
Corn. Products
81
633
173
71
Stone & Webster
Curtiss Wright (C)
41
4}
261
201
Swift Internation
191
19
174
171
Macao Electrics ............
Curtiss Wright "A"
Technicolor
392
301
9.35 Sandakan Lights
(Prices below in Phil. Currency)
Distillers Corpü, Sea-
Texas Corpa.
341
341
极 Talphones (old).
19.00 Tabphones (DEM).................
$26
$9
700
2670
Tractions
26,0
Tractions (prol.}
Industrials
$14
Cald., Macg. (Ord ) 8.
318
Cald. Mucg. (Prat.) 8.
$1.70 Canton Loes
SALES
Antamoks, Ps., 364
grams
13
13
Texas Gulf Sulphur
221
22
Douglas Aircraft
41.
41
20th Cent Fox.
291*
30
Du Pont...
130
1301
do. $1 pt.
Atoks, .33
Eagle Picher' Lead
93
Union Carbide
Bagulo Gold, .22
Elec. Bond & Share
6
Carbon
781
781
$1.80
Sta
$2,00
1.8 Cenants
Ropes ***
Miscellaneous
Dairy Far
Ch.
iininenta Constructions (old).
Constructions (new)....
#81 Lane Crawfords.........
Nanyang Tobacco ..... Stacurts
$16
Benguet Consol.. 11.00
Coco, Grove, 38
Demonstrations. 254
lec. Hond & Share
$5 pl. mek.
Union Pacifc
80
784
42
42*
United Aircraft...
241
23
Elec. Bond & Share
I
United Airlines Trans
71
$4.80
L X. L. 62
50
504*
$d pl.
United Corp.
21
21
Paracale Gumaus, 12
Elec. Power & Light
United Corpn. $3
ox.div.) $25
San Mauricio, .66
si pt.
28
28
cum. pf.........
26
254
36
*
Suyoc Consel, 171.
Flintkote
21
207
United Gas Corpn.
3
21
United Paracales, 30
Gen. America. Trans. 41
411
Un. Gas I'prove't
9
93
Gen. Electric
37+
371
U.S. Rubber pf.
414
401
33
Gen. Motora
411
401
U.S. Steel
791
804
After ruling weak, the market rallied on unconfirmed rumours of favourable developments in the political situation.
NEW YORK COTTON
Lower cables from abroad caused an early decline and this was followed by liquidation by nervous holders, which, however, was off set by Trade and foreign buying. Later., the market ruled firmer and active on buying by spot-houses and covering by shorts, the majority of operators are still anxiously awaiting developments in Europe.
NEW YORK RUBBER
The market reflected the early weakness of the foreign markets and the prevailing nervousness regarding the foreign situation. Early selling was partly absorbed by dealer and commission house buying. but prices finally weakened towards the close on the unfavourable impression of the European dispute as given in Mr. Chamberlain's broadcast address:"
CHICAGO WHEAT
The heaviness of the Liverpool and other markets, was reflected in aluggish trade here, while all eyes are on foreign political news. Foreign business was limited and was hampered by the lower ex- change.
32
$7:40
17.30
Ch.0.5% 1925G.Bda.
I. C. I. INTERIM
Gen. Railway Signal
161 163
US. Rubbi
..... 517
517
Glidden Co. .....
181
19)
Vanadium
............. 157
151
· ba?,"
63%
H.K. Gort 4% Loss
$106
ап
$47.K. Wing On
15m H.K. Gov. 86% Loans
1101
5471
S'hai Wing On......
$6.86
$54 $6.40
In announcing ividend of three per cent. the the Imperial Chemical Industries combine fulfis the best expecta-Great Northern Iron
Interim
Goodrich (B.F.)......
191
181
Warner Bros. Pict....
59
5
Goodrich $5 p. Goodyear Tire & Co.
491
497
Westinghouse
Mec. 96
95
241.
24
Woodward 'Tron Cor. 157
181
1274
"3/4
Maremana Lov. (HK)
70 ota
!!!!
tions of the market.
Ore
11
11
Chase National Bk. 287* National City Bank 214*
271*
Great Northern R
101
101
Call Money
1%
211* 19%
t ex div.
• bid.
Vibro Piling
Marsmama Inv. (Lon.)
Win. Powells
*Sales to Shanghai
LONDON EXCHANGE
Vienna......
Prague
Helsingfors
Belgrade
Buenos Aires
(British Wiralem Service}
Sept. 26 178-11/18 21:25
70 ct.
RATES
18.80-1
A year ago the interim of three per cent, was followed by a final of 51 per cent., and although it is too early to anticipate what the total distribution for 1938 will be. it is encouraging that at this stage the board has found no reason to in- dicate any serious falling off in earnings.
Philippine Mining News
DO FISH HEAR? anles treated 80,579 tons of ore
EXPERIENCE IN
JAPAN
Moming Post recently:-
BENGUET CONSOLIDATED Min- ing Company and affiliated com- during August from which P2,190,- 011.54 was produced., ngures releas- ed by the Manila office of the or- ganisation recently show.
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and B. L. Levy & Company)
New York. Sept. 27 (Tuesday)
New York Cotton - Dec. New York Rubber-Dec. ~ Dec. Chicago Wheat
Dec. limits of pay, and that the dredge "Aune Petronella" worked through Chicago Corn tollings left by, suction cutter winnipeg Wheat dredges......
SORIANO mining operations during August accounted for the production of P990,044.73 from 118,
Goldfields
יי
A feature of the month's work 053 tons of ore treated, according was the establishment of a new to figures released by the Manila
Value Tons The following letter was pubits-all-time monthly record by the cffice of the organization ea in the Daily Telegraph and Benguet Consolidated plant, with
an output of P983,289.18 from 31,Antamox
23,640 377,329,73 Sir-In an article entitled "Mys-038 tons of ore treated.
250.11100 12,015 LIL Value Tons Milled
383,504.00 tery element in sea water." the director of the aquarium in the Balatoc
37.695 P1,015,695.58 Masbate Consol. 81,498
963,289.18 London Zoo is quoted as having Benguet Con. 31,038
Totals 118,05 P990,944.73 106.567.40 said that nearly all fish are deaf. Cal Horr
104,459.38
I was staying at the Fulya Hotel, in Myanoshita,. The orna- mental ponds in the grounds were properties produced P1.192,386,90 milled, and P6.513.10 from 8 tons stocked with goldfish, of enormous during August. from the milling of of crude ore: size. The gardener. noticing that 56,958 tons of ore and the dredg-
Dec.
#
High
501
511
Prev. Today's Low Close Close Change 7.85 7.74 7.70 7,83 .04 up 15.80 15.31 15.08 15.27 .71 off 671 65: 873 001 A off 514
501
1. off
67 *641
672
68 11. off
NEW YORK COTTON.
Close
Paris
Sept. 27 "1781
Geneva
Berlin
12.001
20.10.
12.00
Athens
Milan
90-7/16
90.
Opening
· ClosingTM
Change
Copenhagen
Stockholm
19.39
19.40
October
-7.78/76
7.74/74
7.90/90
.1 up
Shanghai
87d
December
7.79/80
7.78/79-
7.83/83
..0% up
"
New York
4.75
4.74
Amsterdam
8.924
8.811
January (1939) March May"
7.79/78
1.77/77
7.83/83
.04 up
{
}
7.79/79
7.77/78
7.80/82
.01 up...
}
7.76/77
7.74/74
7.78/79
.02 up
138
137
227-3/4
July Spot
}
7.75/75
771/71
1.76/76
1.82" N
27.82 N
.01 up unch.
Bucharest
660
Hong Kons
1/2 31/32
Bombay
1-56. 29/32
Montreal *******
4.799
4.79
May I
relate an experience in
Ipo,Gold
5.789 6,457
Prussela.....
28.09
27.95
Japan?
Yokohama“
213.
F2,190,011.54 801979 Totals
mining MARSMAN-MANAGED.
"
mine BIG WEDGE P161,850.10 during August" from Of the total out- 6,059 tons of oré.
came from ore put, P155,146.00
September produced December .....
March May ...
11
18.87
Sales for the day:-
NEW YORK RUBBER
15.91 N 15.38/16.01 15.65/70 15.98/18.01 15.77/84. 15.98/16,01 15.85/85 5,480 tons
CHICAGO WHEAT
15.20 N
.71 off
15.27755
.71 off
15.10/18
88 ON
15.20/20
.78 aft
December May
€717671
67/662
667/67
077/68
671/671
671/674
881/661
Monday's Sales
33,574,000 bushels
CHICAGO CORN
The production Bgures repre- 137,746,40 sent actual value received for the iconcentrate 1.0.b. ship at Ban Fer- 15,799.00 nando, La Union; values were based on copper at $.10
December May
514/512 54/54
514/51 501/502 631/521 531/537
July
547/547
544/541
WINNIPEG WHEAT
October December May
081/681
681/671
671/672
13 off
/ 673/673-
661/67
66/501
1 off
681/69
off
quoted
NEW
STRAITS TIN
44.30 N
44.35 N
Monte Video
Rio de Janeiro'
Bliver (Forward)
Sliver (Spot)jes “War-Loan.
ON LONDON:-...
20 2-31/32
19-5/18
203
19-7/18 34%
21
3193
Closing Quotations
September 18, 1938.
Telegraphic Transfer.........
Back Bills, on demand
Just
Credits 4 months' sight - 1/3)
Ox Shad
On demand
UN SINGAPORE,
On demand
"JAPAN:---
On demand
Es fru-
165 nom.
OK New KonE:-
Bagi Bills, on demand zi Credita, 60 days' zigba 291
ON BATAVIA:-
+
On demand............ 65-3/16. ON PARIS:
Bank Bills, on demand 1,098 Credits, 4 months' night 1,180 UN SAIGON
. On demand
* 100 58-8/10 Ox MANILA:--
1061
Telegraphic Transier..
Sant
On demand
On demand
OF BANGEGE!----
Sovereign Notes
Bank Buying Rate...... Der Rijver SAP "VE
1491"
1/3+1/16- 19/
LEPANTO CONSOLIDATED Min-
we were interested, came over and ing of 387,585 cubic yards of traveling Company established an all- officials of the company announced me high monthly production re- recently:
B
told us to clap our hands.
Immediately there was. swirl in the water, and, in a' second or two, literally han- dreds of fish were fostilog one another in the water near the spot where we stood. The ex- planation was that the hand- clap was the feeding signal, and that the Ash knew this..
cord in August when the mill
July Value -Tu£15
treated 13,370 tons of ore for a P334,643.15 30,695
gross production of concentrater: ... 148,890 53
valued at P121,730, a gain of P30, 224,905.17 000 over that of July which was
also a new record. 330,300.65
Itogon Suyoc Consol. 6.729 United
Paracale
- 10,104
9.430 San Mauricio Coco Grove
Inc., 363,565* I may state that visitors were Mindanao
Mining $34,000* not allowed to feed the fish, which hours regulation were fed at
Totals 58,958 P1.192,366.90 by the attendant. No food, was
397/565* given at the time we saw this
-Tuns Yards -- phenomenon.. I imagine that the
Contributory factors to the lower only feasible explanation is that on elapping hands a vibration is set August production of Coco Grove up which affecta' the nerves of the jare that both dredges were work- ing, in conformity with the dredg-. Ash-Yours truly.
R. N. T. RANBON. ing programme, marginal ground on the southern and northern
Burscough, Lancs.
REICHSMARK QUOTATIONS
Berlin, Sept. 28. The Reichsmark wes without guarantee at:
New York, 39.90.)", Paris, not quoted. Amsterdam, 74.20 to 74.40, London, 11.975. -TranzoCERIT."
December
NY Silver, Official ...... 42-3/4- NY-L'don Cross Rate 475-5/16
42-3/4
4.72-7/16