PAGE 12—HONGKONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers'
Association
Infos Nominal
TUESDAY,
Depart
Balleri
Lamina
1,400/ 20...
201
OCT. 25.
Banku
H.K. Banka
De, (Col. Reg.)...... Do. (Lou Beg.)........... Chartered Banka .... Mercantile Bka. "A"
$1.380
2841
BO
ይ! 168
Marcantile Bka. "C"!
£13
Bank of East Asia ....
$18
N. C. & 8. Bank.....
Колигипо
$285
Carton Ingorenscal moun
$500 Union Insurances Lar
Underwriters commessen
20H Fires
Shipping
Steamboats.unuduranam
Douglas
$10
124
Indo-Chinas (Fret.)
Indo-Chinm (Dat.),
87/0 Shell ------
Waterboats ................
Mining
16/9 Kaila
V.io Raube
43
$:00
FINANCE
PRODUCTION DRIVE IN
SHANGHAI SILK FILATURES
·----
Number Recently
* Increased
Declining to "co-operate" occa- with the Japanese in pled areas in Kiangsu and Cheklang provinces, 13 silk. filatures, have removed to the International Settlement in Shanghai.
they Altogether.
:::
12 2900
386
3.8
$60.
$24
passess 2,360 spindles. Twelve more factories are der construction. Together with the two
ones established Shanghai, the number before very long will be 27.
1712-
in
67/8
16/9
39.20
of
Native Goods Encouraged
SAMPLES FOR N.Y. WORLD FAIR
Native manufacturers Hongkong have been" asked by the Ministry of Industry to prepare the best collection of samples possible for exhibition at the New York World Fair "next year.
HONGKONG
THE EXCHANGE MARKET
MESSRS. ROZA BROS.”
Q
REPORT
Silver prices dropped 1/16 yes- terday for both deliveries, the quotations being 19. 5/8 for Ready and 19. 7/16 for Forward Siver advices reported India as having The market operated both ways. was steady." The market remained steady at the close with small American The Ministry has greatly en- buyers at 1/16 over.
native production in Silver was quoted at 42 3/4 for Hongkong, and recently appointed Spot.
couraged
a number of local Industrialists with special knowledge of manu- facture and transportation to the Native Goods Inspection Commit- tee, which has been formed under the aegis of the Ministry.
WEDNESDAY, OCTOBER 26, 1938
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
· COMMODITY MARKET REVIEW
SPOT...
(FROM PAYNE & CO.)
SINGAPORE RUBBER
..
Change
up 3/8
11
Oct 21
Oct. 24 sellers buyers
buyers sellers 28-3/8 28-5/8 28-3/4 29 The London /New York cross-
28-1/2 28-3/4.. 29-1/4 29-1/3
no 1/4 APRIL-JUNE rate was quoted at 475, 93. New York JAN.-MARCH
29-1/4 29-172 29-1/2 29-3/4 up 1/4 London was quoted at 476. 1/8.
The market opened 1/8 of a cent higher for all deliveries as com-" pared with Friday's closing quotations.
MARKET
Steady but stagnant.
STERLING
Price of Chinese silk has gone
account up a great deal on foreign exchange" Standard
Was offered at 1/2 29/32 with In connection with the move- about grade "B" silk now costs
ment to increase production and buyers at 1/2 15/18 which led to $1,200 per plcul.
of export, a limited company is being business at 1/2 29/32 for forward. formed in Hongkong with the ob Closing rates were 1/2 29/32 sel- ject of consolidating and centralls- lers October November and 1/2 ing marketing of goods. The cap-7/8 December/January, buyers at Ital of the company is to be $200,-1/2 15/16 Cash /December and 1/2
29/92 February. 000 and it is understood that two-
U.S. DOLLARS thirds of the shares have been
Were done at 29 9/16 December, taken up by various Chinese banks and others. The remaining un- the market closing with sellers at subscribed capital is to be offered 29 9/16 October/November, buyers at. 29 5/8 Cash /November and 29 9/16 December /January.
In August, China's export
amounted white silk
to $3.011, 927. The chief importing coun→. France Indo-China, tries were and Japan, in the order named. It is remarkable that silk should have gone to Japan.
เง
CHINA FINANCIAL
CONFERENCE
to the pubile.
Anancial con- cles have been requested to send An important ference has been summoned.. by representatives to participate at the Ministry of Finante to be the coming conference, at which held in Hongkong towards the end important measures will be de- of this month. Hongkong and clded upon in connection with Shanghai Chinese banking" cir- China's war finance.
$37
$122
$7
$4.90
$192
.30
$9.30
፧፧
Vanasusin Gold Fids.
17 cta Hong Kong Min......
Docks, WhaIVIS,
Godowns, eta
H.K. & E. Wharves... Providenta (old) ....................: $8,05 Provideoia (now)........ $H.K. & W. Docks.... $16 Do (new)....
124Shanghai Dooks 8... 13,90 New Engineerings 8.
Lands, Hotels, und' Buildings
H.K. Hotels
H. Lands.........8.
$107 Do. 4% Debuttres $7,60 Shanghai Lands S.
H.K. Baltics
Humphreys
19. Chiasse Estates
Cotton Müts
316) Ewos (S.) *g**
$128.
8.45/40
$81
19
18
$.90
331
$6.00 $6.36
*37
$1051
#51
$8.10
9182
S'hal Cottons (S-)
$90
$34
$450
Zoong Sings (8) ****** Wing On Textiles (8.)
$42
NEW
Public Tulities
Tramways
Peak Trams (old)......
118,80/96
161
Feak Trams (new)................
+74
Star Ferrien com
$23
'mali Ferri C.ES
$*%2
$10.70
10.70/9 B
$10 $60
2004/2
$54.00
***
$75
-9231-
Do.
China Lights (old)... $10 65
Chins Lights (new)..... $10.10
H.K. Electric.....................
$174 Macao Electrics 310
Sandakan Lights
Telephones (old)................
38.TO Telephones (De#)..............)
tbi- Tractions
$23
$301
8537
$1680 $17 18.50/17.00
$61
TED AR
1938
YORK STOCK EXCHANGE
(Through Router's Service)
Hizb Low Dow Jones Averages 154.11 98.95 30 Industrial
Oct. 25, 1938. High Low Cla 165.38 133.52 1:412 32.08 31.49 31.73 24.57 93.83 24.2
Chanxe ot up
SHAN HAI POLL`RS
Closed 182 1/2 later 178 1/2 at lunch time with sellers at 180 1/4.
SHANGBAU MARVEL
!
In sympathy with conditions prevailing both in London and New York the market displayed a steady undertone throughout the day.
Good enquiries for "actuals" were responsible for active interest in forward positions being shown by dealers and speculators.
After some business having been transacted on basis of quoted rates prices advanced by 1/8 cent for all deliveries, the marke clos- ing with a steady undertone at the higher price-level.
In London the opinion prevalls that no further release for the first quarter of 1939 may be expected due to the automatic increase of the basle quota for next year, whilst the consumption-outlook in USA. is too uncertain to allow of any accurate estimate for the pre- sent quarter, although it is assumed that absorption would amount to In the meantime the about 120.000 tons for October-December 1938, market continues to rule very idle in the absence of buying-interest by manufacturers to any larger extent. In view of this fact only minor price-fluctuations may be expected until after the IRR Com- mittee's meeting on November 15, 1938, when, it is expected, an an- nouncement of the permissible export-quota for January-March 1939 will be made.
*
*8-9/16 ***** B1/2
8-5/8 8-9/16
LONDON RUBBER
Previous close To-day's close buyers
zellers
sellers buyers 8-3/8 8-7/10 8-3/8 8-7/16
8-1/2 '3-9/18* 8-9/18 8-5/8
Change
» uneh.
unch.
'unch.
Firm at the opening but towards lunch time the market was In- clined to easiness. Sterling open- ed at 8. 1/8 sellers. Rates touched
8, 9/32, recedings POT 8. 7/32 and
8. 5/32 subsequently to
with JAN-MARCH buyers at 8. 1/32 October and B. APRIL-JUNE ... 5/32 November. U.S.$ opened with
Market quiet but steady. sellers at 18. 1/8 and 16. 3/16. A
Rubber stocks held in the United Kingdom showed a decrease of little higher during the course of
698 tons for the week ending. October 24, 1938. the day. 16. 5/16 and 16. 3/8. and as last advised at 18. 17Ë~~~ THE AFTERNOON.” The market was quiet in the"
STERLING
14 up afternoon. 51 uj
The market closed with sellers .09 up
30 off at 1/2 29/32 October /November and 1/2 7/8 December (February. buyers at 1/2 15/16 Cash /Decem- Det and 1/2 29/32 January /February.
U.S. DOLLARS The market inished with sellers 29 9/16 October, possibly November, buyers at 29 5/8 Cash 'November and 29 9/16 December. SHANGHAI DOLLARS Some business was reported at 184. 1/2. The market closed with sellers at 183 3/4."
SHANGHAI MARKET Opened with sellers at 8. 1/8. Subsequently there were sellers at 8 1/16 October and 7. 31/32 November. Last advices indicated sellers at 8. 1/32 for Spot. U.S.$ last advices reported sellers at 15. 15/18.
H. K. STOCK
EXCHANGE
"NEW YORK COTTON
The market was early irregular, due to further transferring of old-crop months to October, with Bombay the best buyer. Prices-then cased on increasing hedge-selling and liquidation, but finally reacted partially, on some covering by shorts.
NEW YORK RUBBER
There was, some commission-house selling on a thin market, but buyers were apathetic and there was no feature worthy of note.
CHICAGO WHEAT
Early in the day there was a period of mixed trading, but later there was an appearance of bearish factors, including an increased visible supply, the good crop outlook in the Southern Hemisphere, a weak Winnipeg market and poor export demand.
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Frits and S. L. Levy & Company)
In spite of the number of con- Chicago Corn
that pervaded Winnipeg Wheat - Dec...............................
maintained,
Prev. To-day's High Low Close Close Change
8.45 8.39 8.47 8.41
16.90/92 unch.
יי'
.06 qu
}
QUOTATIONS
Ooty 22
184.11
8277 19.00 20 Railr
31.69
2463
114
20 Utilities
92.0
..71
83.39
4C Bonds
*9.90
59:00 45.08 11 Jommodity Index 49.08
89,99 48,88
21.B
Business Doe:-1,680,00 shares.
26/3
Tractions (pret.) 109999:
Industrials
STOCKS
Last Sale
STOCKS
$14
Caid, Macg 10rd:)-8.
Oct. 22 24
Last Sale Oct. 22 24
11
Cald, Macg. (Prat.) &
Adams Expresa .......
123
12
$1.70 Canton Icsa
$1.80
Greyhound Corpo 20
19
$14.66
$26
$16:40!
Cementa
84.65 Ropes
Miscellaneous
Dairy Farins
Constructions (old).... Constructione (new)..........' Lane Crawfords. Nanyang Tobacco ***
$0.10
C
$18.40
Alleghany Steel Co...
191
201
Hecker Products
9
9
"
34.40
All Chalmers
527
531
Int. Nickel
57
501
at
Amerada Corps,
70
691
lot. Tel & Tel.
103
104
$248
Amer. Can............. 1041
1032+
Kennecott Copper...
491
491
Amer. & For. Power
42
41
Libbey-Owens- Ford.
k
Amer. & For. $7 pí
201
211
Glass
1571
56
Amer. Locomotive... 25%
201
Lockheed Aircraft ...
194 4 198
Amer." Metals .......
44
441
Loew's Inc.
572 591
Sinceros
Amer. Radiator ......
182
18A
Martie. Glen L
30
312
Ch. 0.5%1995G.@Bdz.
87.85
Amer. Rolling Mill...
191
204
McKesson &
Rob-
71%
H.X. Gori, 4% Logna
71%
Amer. Smelting
551
567
bins, $3 pt. co 351
6%.pm!
$106
HK. Gort 31%, Lorna
Amer. Sugar Ring... 201
233
Monsanto Chemical 104
$471
HK Wung Đà N
$10
Amer. Tel. & Tel
1481
149
200
Montgomery Ward - 531-
352 1042
524.
471
$6,55
Vibro Filingsing
101
$35.40
Amer. Tobacco "B". 901 Amer. Waterwork... 141
911
Nat. Dairy Products 143
14
147
Nat. Distillers
274
274
15,8
Maramans Inv. (Lam.)
Anaconda Copper ...
401
401
National Load ........
284
271
✓
2/4
Maramana Inv. (EX)
190 cla
Wu, Powalla ...............
Atchison, T. & & Te.
391
".394
Nat. Power & Light: B
91
100 cia.
"Sales to Shanghai
Auburn Motors......
41
44
Nat Supply Corpn. 17
171
New York, Oct. 24 (Monday).
.
Baltimore & Ohio
81
81
New York Central
201
201
LONDON EXCHANGE RATES
Barber & Co. .............
231
231
N. America Aviation. 14)
144
New York Cotton - Dec.
Barnsdall On
171
171
North America Co. 237
241
New York Rubber
Dec.
17.00 16.90 16.90
(British Wirelem Service)
Bethlehem Steel
*67
667
Northern Pacific
121
127
Oct. 25.
Chicago Wheat.
Dec.
801 651
66
651
Boeing Airplane Co. 28
281
Pacific Gas & Elec
24
281
Dec.
47) 467
483
467
+ up
Oct. 29.
Paris
Genera
Berlin
Athen
Milan
Lisbon
Stockholm
178-45/64
Oct. 21 1721
Borg-Warner
351
341
Pacific Lighting......
*418"
42
ficting
60+
597
60+ 60.
+off
ramcurs
Briggs M'facturing.
361
361
Packard Motors ......
51
554
the market during the day rates
20.981
Brooklyn-Manhattan
Paramount Pictures 121
121
nave "been Well
NEW YORK COTTON
11.90
Trans.....
111
121
Pennsylvania R.R
22
22
though the volume of business
5471
Brooklyn-Manhattan
Phillips Petroleum
397
391
DOŁ
56 cum. pl.
31
331
Public Service.of N.J.
321*
331
Was not on the same generous scale as the previous day.
Close
Opening
Closing.
Change
December
8.47/47
8.44/44
8.41/41
06 off
110
+
Canadian Pacifc ...
61
61
Pure Oll
111
122
19.414
Case. JI............ 951
951
Radio Corpn. of Am.
81
82
Hongkong Banks, $1390,
January March
. (1939)
8.42/42
8.39/39
8.33 N
.09 off
8.40/41
8.30/36
8.31/31
.09 off
Shanghal
8d
Chesapeake & Ohio 381
36.
Republic Steel
20
-20
Hongkong Banks (Lon.), £83.
May
(..)
8.23/28
8.25/24
8.24/24.
.04 off
New York
4.752
4.761
Chrysler Corpn.
841
831
Reynold Tobac. "B" 442
4421
Wharves, $122.
July
8.16/18
8.14214,
8.14/14
02 of
Prague
Helsingfors
Amsterdam
Vienna ....>
Bucharest ...............
8.75+
Columbia Gas & Fl
9
91
8cherley Distillers
191
19
Hotels, $61.
1381
Columbia 0% "A" pf., 80 Commercial Credit. 553.
78 *
Schenley, 51% pid... 72 *
12
'Lands, $37.
October (..) Spot
"..."7-93/94
7.93/93
7.93/93
unch
8.75 N
8.75. N
unch.
56
2287
660
Hong Kong ...
1/2-15/18
Commonwealth & 8. Commonwealth & 8.
6% cum pt.
2
2
Sears Roebuck ..... Shell Union Oll.
781
773
Humphreys, $9.30.
153
154
Tiams, $16.80,
NEW YORK BUBBER
Socony-Vacuum Oil
131
14
Peak Traus (Old), $67.
481.50
Southern Pacific
201..
201
"China Lights (Old), $10.70.
Bombay less sigtunaut
1/5-15/18
Consolidated Edison 313
334
Southern Riy $5 pfd.
27
281
China Lights (New), $10.35.
December "March
......... 18.90/90 16.97/91
16.98/98 17.08/06 16.82/94
19.90/92
wach.
-15 of
Montreal
4.79-7/8
Consolidated Cil
91
Standard Brands -
78
74
Mlecthics $58). "
Vay
16.97/97
17.09/09
Prussels
28.131
Continental Can
454
.4431
Yokohama ..***
1/2
Continental Ol......
30
30
Stand Gas & Elec. Standard Oil of N.J. 591
41
42
Telephones (Old), $24.60.
September
17.01/01
16,90/91
16,85/87"
.12 off
11 of
534
Dairy Farms, $24.85.
Sales for the day
1.070 tons
Belgrade
211
Corn. Products ......
601
691 Stone & Webster
13
13P
Watsons, $7.70.
Buenos Aires dikarin
19.0
Curtiss Wright (0)
7
Swift International 29
29
Monte Video ..........
19.05
Curtiss Wright: "A" 261
257
Technicolor
228
23
Govt. 4 per cent Loan, 6. per
..cent Prem.
CHICAGO WHEAT
Rio de Janeiro
.3.
Distillers Carpit. Sea-
Texas Corpn.
431
434
Govt. 34 per cent Loan, Par.
December
68/661
Copenhagen
22.40
Oslo
Silver (Forward) au
191
grams... 21 Douglas Aircraft... 61 Du Pont.....
214
Texas Gulf Sulphur 344
341
SELLERS
May
88/681
651/651 6/571
654/654
oft
672/67#
迎
042
20th Cent, Fox.
299
281
Hotels, $8.90.
"July ...
•
671/07
071/671
149
Silver (Bpot) *****
War Loan...
10-11/18 31% 1001
100-11/10
Eagle Ficher Lead 139 Elec. Bond & Share 134 Elec, Bond & Share
1481 14
da. $14 pt.
36
354
4
Trams $17.
Saturday's Sales:
15,148,000 bushels
Unton Carbide
Watsons, $8,
"131
Carbon
801 891
SALES
CHICAGO CORN
Union Pacific
$4
941
Fongkong Banks, $1400/20.
ON LONDON:-
13/10
Closing Quotations
October 25, 1938.
Telegraphic Transfer... 11/2 Bank Bills, or demand! Credits, 4 months' light 1/31/10
IN NA* You?—
Bank Billa, on demand. 39) Credite, 60 days' dighi · 29) ON BATAVIA Zumm
$5 pf.....
61
629
United Aircraft..................
35
342
Wharves, 3122.
Elec. Bond & Share
United Airlines Trans 11
11
Humphreys, $8,30.
December May
40/462
501/50
402/461 50/50
467/402
401/407
66
671
United Corpa. .......
+4
41
Trams, $16.80717.-
July
51/51"
51/51
Elec. Power & Light
$7 pt.
United Corpn.
$3
China" Lights (Old), $10.30.
413
43
cum. pr.
361
Electrics, $58ƒ/2.
Flintkoto - một
.281
United Gas Corpn.
..37
4,
Cements, $16,40.
On demand.............. 031 On Paris:—
Chen, America Trans 54
547
n. Gas Tprovem't 11
117
Dairy Farms, $25.
Gen. Electric
464
461
US. Rubber
534
524
Watsons, $1.85/80.
·OK SAMA L
On demand
1:0,nom
¡Baulo Billa, on demand. 1,005 Credits, 4 months' sight 1,180
den. Motors^........
511
SIA
US. Rubber 38 pid... 981
977
(Prices below in Pall. Currency)
October .... December May
WINNIPEG WHEAT
811/611 .613/813 605/601 601/801
802/607 60/601
of
... 637/64
634/634
off
Gen. Railway Signal 24:
124
Glidden Co.
24+
25
UE. Steel unanin_851"
Vanadium
851
Antamoks Ps, 41
241
242
Atoka
93
Os demand die
10
Goodrich (BF) A...
231
251
Warner Bros. Pict... Ti
71
Baguio Gold, 25
On demanil
199
ON MANILA KA
JAPAN:-
On demand limi
1057
ÜN BATUKUETERGEN
On demand
150
Ce Tent:-
Sovereign Notes
|--- Bank Buying “Rube
Goodrich $5 PL...... (02:03) Goodyear Tire & Co. 331° -031 Great Northern Iron
14 Great: Northern Rty,#241 "Great Western Hugar 291′′
Westinghouse Elec-121
-121-
ex. div.
Woodward Iron Cor. 201 201
334
Chase National BR. 34-* 141 National City Bank 2615 / 253* #MYCAN Money *29**;
Benguet Consol., -11.80
Coco Groves, 45 Demonstrations, 27
L. X. L. 68
Ban, Mauricio, 96/
United Paracale, 45
December
NEW YORK HIDES: (New Contracts)
13.69/69 13.62/62 13,65/65
-14.00/02- 14.08b/07a. 14.00/00
FW Giver, Official
NEW YORK, STRAITS TIN...!”
45.55b/80 45.905/46.00 45.800/95g 42-3/4
NY-Idon Cross Rate... 4.76
December March
42-3/4 190
4.76-1/8
18