NEW YORK STOCK EXCHANGE
SWAN. CULBERTSON & FRITZ LATEST REPORTS
New York, Oct. 23. S. C. & F. Dow Jones Summary of yesterday's murketa:
An old-fashioned bear squeeze to- day started a broad recovery, when
U.S. COMMODITY
PRICES
LATEST CABLED
QUOTATIONS
New York, Oct, 23, - The following quotations on the Now York commodity exchange are Issued by Reuter:
flood of under-market buying orders for most issues obliterated Jest Dec. week's losses. Chrysler shares were Jan. cspeelally swamped, for which rea-March son the Governors of the Exchange May momentarily suspended trading in July. Chrysler. There was some fraction- Oct. al short-covering on antletputed im Spot proved labour condillons. There are 'some expectations that the decline in steel production is lovelling off.
Curb stocks and bonds were higher, but United States Government bonds were irregularly lower.
THE HONGKONG
LONDON STOCK EXCHANGE
TELEGRAPH. TUESDAY, OCTOBER
YESTERDAY'S CABLED
QUOTATIONS
London. Oct. 23.
Last To-day's
Chinese 4 Gold Loan 100 (Brit)
Chinese 5 Cold Bonds
1925-47
Now York Cotton
Opening Closing 0.10/08
War. Loan 36642
0,08/04
0.14/15 2.09/00
0.04/02 8,00/00
81.00/02
8,68/08
8.01/02 U.11/10
11.09/CD
8.20/20 0.34
The First Nollce Day for December Cotton in November 24, with Delivery Date December 1.
New York Rubber
are
10.62 N
15.48/50
15.57/37
15,07/57
15.00/57
15,70/11
15.07/04
13.75/70
13.70/08
15.81 N
15.00 N
Sales for the day:,720 tons. The last Notice Day for Itubber is October 27.
Chicago Wheat
074/07% 064/061
October
974/07%
Dec. Wall Street Journal morning com-
Jan. ment
March second-linlf companies' Bubber
May eurnings will be probably below those of last year. Many traders ex- July pect Irregularly lower and quieter Sept. markets this week, but they do not xpect that the majority of stacks will hit last week's low levels.
Private advices
Landon from indiente that traders there are bullish Dec. with regard to the United Sales May trade and securities outlook. Most July
of the necessitous selling tw been Saturday's Sales: completed.
S. C. & F. New York correspon- dent cables:
Dec, to-day dis May Stocks: The market played excellent resistance to selling July,
and the chances are that pressure
Chinezo 44 Anglo- French Lann, 190
Chinese Crisp Loan
1512
Chinese Reorg. Loan
1013 Lon. Is.) Chinese Imperial
y 5%
Hans Rly 31003 Rukung fly 8% 1003.
La Twing & W. Hui tuy. Slanghal-Nanking
Prico
Trico
#101%
101%
0244
01
93
× 2 × 3 Åsen 1 e a a a 8x332
20
lly.
Tientsin-Pukow Itiy. 5
(Brit, Sipd.)
........
Tientsin-Pakow Bly. Br
(Gr. St.)
Tientsin-Pukow Rly, Br
(Brit, Stpd. Supl. Lon) Tientsin-Pukow Rly.
(Gr. Stpd. Supl. Loani Japan 5 Sterling 1907
Japan Sterling 1824 German 7 Int. Lonn Chartered Bank
07%/91 H.K. & S'hai Bank 02/02% Chinese Eng. & Min.
Chosen Corp'n Pekin Syndicate 21,472,000 bushels. ghal Elec. Construction Chlesgo Corn
S'hol Waterwords Co.
نگرانی
715
72%
00
30
20/
40
JI
31-
31
11/3
5794/575% 58%/58% Union Insuranes Society Gula Kalumpong Rubber 59 /59%
20/0 5031/594 | Xllied Iron Founderies. 60/00 Assoc. Elec. Industries
The First Notice Day for December the low levels have been seeit for Grains is November 30 and the last some time. An Irregularly forward day December 20.
likely. The
mavement
HOW
Winnipeg Wheat
125/1257% 124/1244 Times business index for the post Oct.
118/118 11834/118% week was 100.2, as against 191.3 the Dec.
115/1154 110/110 revised figure for last week and May
The lust Notice Day for October 1013 for the corresponding period
Winnipeg Grains is October 30. of last year.
ነፃነ
movements to-day Cotton; Price were confined within narrow limits
The quartermaster of the steamer and trading was on the fight side.. The cotton market is still intenced Turbo, Fung Ah-chat, 46, lying, by securities. We understand that Tattoo Dockyard, was admitted to a large Bombay long interest
the Queen Mary Hospital yesterday here and in Liverpool continues. The suffering from injuries to his track. Trade is awaiting new-crop legisin sustained when he had a fall on the tion, whilst rumours of a processing ship. Another dockyard coulle, Lee the same lax are disquieting Ginnings up to Yan, 45, was taken to October 18 amounted to 11,008,310spital with a serious scalp wound.
also sustained during a fall.
bales.
were
Wheat:
to-day Buyers apathetic, awaiting a broadening in
export demand. The un Liverpool wheat with Chicago should port enquiry. There visible decrease ot
high premium tion in the quotas; cables from Dutch as compared East Indles Indiente un éxpectation There was encourage ex-of a 10 per cent, cut.
has been some moderate absorption of cif
suppiles of
rubber at the low levels.
Austin Motors, ord
Cable & Wireless,
N-C "A" ord,
British-American
(bearer)
Commell Laird, ord. Mexican Engle Courtaulds Distillers
Dunlop Rubber
General Elec. (Eng)
30/714 30/7
26/3
45/1 44/D
38/44 37/0
574 50%
Tob.
Guinness (A) Son & Co. Hawker Siddeley Aircraft Bristol Aeroplanes Imperial Chemical Indús, Imperial. Tobacco
Marks & Spencer "A"
OK. Buzauta
Rolls Royce Leyland Bators Tate & Lyte Turner & Newall' United Steel Smethwick
Armstron
Drop Fork-
ke Steven Pressed Steel. com.
Vickers ..... Woolworths, ord. Anglo-Dutch
Rubber Plantation Invest.
Trust
Burma Corp'n
Commonwealth Mining
Marsan Investments Randfontein Estates Exploration Co. Sub-Ninet
Sugar: There was complete stagna-Tanant Gold Mining
109/415 107/0 12/0 12/3 13/3
1377-
27/14 10/0 40/11/4 30/3 30/1 120/74 140/41
SHARE PRICES
The following lathe list of local share quotations issued this morning.
Banka
H.K. Banks, $1,570 b.
ILK. Banks, (Lon. Neg.), £04 n. Chartered Bank. £13 n
Mercmille Bank, A. and D. £32 n.
1.
Mercantile Bank, C., £15 n East Asia Bank, $90 n.
Insuraneca.
Canton In., $250 n. Union In, $300 b. China Underwriters, $1% n. H.K, Fire In.. $235 n. Shipping.
Doughs, $40% n
H.K. Steamboata, SD si Indo-Chinas (Pref:), $51 b. Indo-Chinas (Def.), $43 b Shell (Bearer), 9870 n. Union Waterboats, $0.30 n.
Docks etc.
H.K. W. Wharves, $112 b. ILK. & W. Docks, $27.00 b. Providents (old), $2.20 b, and sa Provident (new), 30 cts. b. New Engineerings, Sh- Shanghai Docks, Sh. -
Mining.
Kallan Mining Adm. 14/9 n. Raubs, $8 n.
Venz: Goldfield $5 n.
Philippine Mining.
Antomak, P. 52
Atolta, P.
Baguio Gold P. ---- Benguet Consul., P. - Benguet Explor., P.- Big Wedge, P.- Goto Grove. P.
Consolidated Mines, P. 010 Demonstrations, P. 38
E. Mindanao, P. Gumaus Gelds P.- Ipo Gold, P.- I.X.L., P. 55 Itogons,
P.--
San Mauricio, P. 53 Suyor Consol, P. 18 United Paracales, P. 51
Lands, Hotels, etc.
I. and S. Holeds, $5.30 . H.K. Lands,
$31
26,
1937.
H.K. STOCK EXCHANGE
Rates were somewhat higher, in a market which continued narrow here yesterday afternoon, the oficial prices at 3.00 pm. being:
Buyers
Hongkong Bank $1,570. Union Ins. $300. Indo-Cinna (Pref) $51. Indo-Chinas (Def) $43. 21.1. & K. Wharves $112, ILK. & W. Docks $274. Providents (Old) $2.15. Providents .(New) $0.3214. 11. & S. Iotels $5.30. II.K. Londs $31. H.K. Tramways $13. Star Ferries $81.
Yaurail Ferries $24. China Light (Old) $114. China Lights (New) $114. HI. Electrics $54. Macao Electrics $184. Telephones (OR) $25. Telephones (New) $0.70. Cements $12.45, Dairy Farins $24. Watsons $415. Sinceres $1.35.
Wm. Powell, Ltd. $0.40. Constructions (New) $1.
Sellers
Providents (New) $0.35. Dairy Farms $2434.
Sales
Hongkong Bank $1,500. Union Inc. $300/510. H. & S. Hotels $5.03/35. Yaumall Ferries $24 China Lights $11.00/85. Telephones (Old) $25-4.
EXCHANGE
Paris.
RATES
Oct. 22, ..146.0/32
147.1/04
21.473 12.32%
P & O-BRITISH INDIA-APCAR AND EASTERN & AUSTRALIAN LINES
MAIL AND PASSENGER STEAMERS
Taking Cargo For
East and South Africa, Australis, Straits, Jove, Burma, Coylon, India, Persian Gulf, Mauritius, Red Sen, Egypt, Europe. PENINSULAR & ORIENTAL FORTNIGHTLY DIRECT ROYAL MAIL STEAMERS
UNDER CONTRACT WITH H.M. GOVERNMENT
All dates are approximate and subject to alteration without noiles. and all wilings are subject to change or deviation with or without notica
PENINSULAR & ORIENTAL SAILINGS
from
Oct. 23.
12/7
49/5
100/- 107%
347-
11/0
Masbate Consols, F. Min. Resources, P. -- Northern Min. P.- Parncale Gumus, P. 22
Geneva
.21.5044
8.9.
Tons Hong Kong
Berlin
.12.33
About
Athen
.5472
5474
65/4 78/0
Saincot Mining, P. --
127/0
Milon.
-94
94%
20/3
Copenhagen.
22.40
22.40
CARTHAGE *BANGALORE
114,500 0,000
Stockholm. Osto......
19.394
19.30
19.00
10.00
*OZARDA
Helsingfors.
223
-22016 .COMORIN
Shanghel.
1/2
1/20
RANCHI
New York.
4.05
.J.054%
8.0514
4.95 *BHUTAN
5,000 15,000 17,000 1,000
20
2014 RAJPUTANA
142
141*
•BEHAR
17,000 0,000
Nom
Nom:
Lisbon..
110
110
Hongkong.
1/3
1/3
4
Bombay.
Montreal
.1/0 -4.95
1/04
Brussels.
.20.384
1/2
02/000/-
22/0
32/0
102/0
D0/-
100/- 007-
B4/3
13/0
07/0 B5/74
20/10% 29/0
10/0 19/0
07- 07 20/41% 20/11
28/41 27/3
30/0
15/0 15/-
6579 00/44 13/3 31/0
29/10
mirtd.
21/3
21/3
15/3
2/8 2/0
2007- 19070
10 d 10% a
118/122
4% Deben, $100. Lands, 4% DCD S'hol Lands, Sh. - ·
Metropolitan Lands, Sh. Humphries, $8
n.
H.K, Kenltics, $.4.70 n, Chinese Estates $08 n. Chim Realtics, Sh
China Debent,
Public Utilities. H.K. Tramways, $13.50 b.
Peak Trams (old), $71⁄2 n.
Peak Trams (new), $334 n. Star Ferries, $81 b.
Yaugut! Ferries (old), $241⁄2 b.
and sa.
Chin Light, $11.75 b
Chin Light (new), $11.50 b.
3,145,000 bushels.
Corn: Offerings are light in spite tion on the sugar market to-day. of large known supplies and excel-Dow Jones Averages Oct. 24 Clote lent weather conditions. There has 30 Industrials been a visible decrease in supplies 20 Ralts
Anstlo-Iranian
Hurmab
13/0 03/15 120/--
Shell Trans. & Trad.
127.15
134.43
100/7 08/0
H.K Electrict, $54% b.
22.32
34.04
Chinese 5 Sig.
Notes
of #7,000 bushels.
20 Utilities
20.84
22.11
1923 Vickers)
Canton-Kowloon Itly.
Rubber: It is reported that pres-140 Bonds sure has been exerted for a reduc- 11 Commodity Index
94.95
95.11
Bukuant Rly.
1011
55.87
35.09
(Ger, In.)
31
142
The Sensation
of the
Motoring Age!
Wouldn't you like to own the car with the most simple gear-change in the world?
Macao Electric, $163⁄44 n. Sandakun Lights, $13 n.
Telephone (old), $3514 b. and sa, Telephone (new), $0 b. China Buses. Sh.
Singaporo Tractions, 23/0 n. Singapore Fret., 23/- n.
Industrials.
Cald Moog, (old), Sh. - Cald Mace. (Pret.), Sh. Canton Ices, $1,90 n. Cenment, $12.55 b. H. K. Ropes, $3.00
Stores, &c. Dairy Farm $24.50 b. Walson, $4.
ກ.
Lam Crawfords; $8.00′ n;- Sinceres, $1.35 n.
Wing On (H.K.), $40 n. Wm. Powells, 40 cte. b.
Colton Mills.
Ewo Cottons, Sh. — S'hal Cottons, (old), Sh. Zoeng Sings,
Wing On Textiles, Sh.-
Miscellaneous,
H.K. Entertainments, $3.00 n. Constructions (old), $1.60 n. Constructions (new), $1.00 μ. Vibro Piling, $5 b.
Ch. Govt. 52% 1016 G$Bda, 83% n. H.K. Govt. 4% Loan 74% pr. n. H.K. Govt. 35% Loan 1947 prm.
Wallace Harpers, $3 n. Marsmans Inv., (Lon), s/- 21/3 n. Marsmans, Ins., (H.K.), s/- 4/0 n.
LABOUR RIFT MAY HEAL
Washington, Oct. 25. The Committee of Industrial Or- ganisation and the American Federa- flon of Labour have concluded their initial conferences with a joint state- ment in which they express new confidence that the rift in the labour movement in the United States might be closed.
The conference will meet again on October 20.-United Preis,
NEW MEDICAL DISCOVERIES ABOUT INDIGESTION
Bellulek reefs your an over- whelming necessity when suffering from stomach pains and indigestion, That is why leading medical authorities-special- Inta, doctorn, hospitals-recorriment and specity Disurated Magnesis for over the most obstinate coses dyspepsia, seld stomach and gastrill
They know (for they are in touch with he intest developments in medical prac lee) that recent madical research and numerous X-ray photographs of actual cakes of indigestion, have proved Bisur- nted Magnesia to be the quickost-peting and the most effective stomach remedy known to medical selenco. ·
'Dhurated Magnealo
complate
#
treatment for the prompt relief of all stomach troubles. Not only is it a potent neutraliser of the harmful acide which caun digestion and stomach ulcer-it niso 'spreads a koothing, protecting nim over the inflamed stomach lining.
or
Gef 'Bisurated Magnesia powder tallats from your chemlat or atora to-day --but always look for the oval-2DIBMAG“ sign on every package if you-want-the qukkost-acting stomach remedy known.
Amsterdam Vienna. Prague Madrid.
Yokohama.
Belgrade.... 210
Montevideo..
.30
Rio de Janeiro 4.44 Silver (Spot)...19% Silver (forward).1943 War Loon. ...101%
Destination.
RANPURA 17,000!
Cargo only.
30th Oct. Marseilles & London.
0th Nov. B'boy, M'selfles, 1're, L'don, H'burg.
Rotterdam, Antwerp & Hull.
Karachi,
12th Nov. Bombay
13th Nov. Bombay, Marseilles & London. 27th Nov. Bombay, "Marseilles & Londan 4th Dec. B'bay, M'scilles, H're, L'don, R'burg,
Rotterdam. Antwerp & Hull.
11th Dec, Bombay, Marsellles & London, 10th Dec. Marseilles, Havre, London, Hamburg,
Rotterdam, Antwerp & Hull. 25th Dec. Bombay, Marseilles & London.
All vessels may call at Malta.
BRITISH INDIA-APCAR SAILINGS
4.95
20.34
1/2
SHIRALA TILAWA
British Wireless.
EXCHANGE
Selling
T.T. London Demand
T.T. Shanghai T.T. Singapore T.T. Japan T.T. Indla T.T. U.S.A. T.T. Manila T.T. Batavia T.T. Bangkok
Saigon
TT. France
T.T. Germany...
T.T. Switzerland T.T. Australia
Buying
4 m/A L/C London 4 m/s D/P do.
4 m/s Lic. U.S.A.
4 m/s, France
30 d/s India
U.S. Cross rate in London
SHIPS IN WIRELESS COMMUNICATION
SIRDHANA
8,000
4th Nov.
8,000!
18th Nov.
Singapore. Port
10,000
2nd Dec.
8.000
10th Dec.
10.000
15th Jan.
Sweltenham,
Penang. Rangoor & Calcutta.
EASTERN & AUSTRALIAN SAILINGS
7,000
7,000 30th Oel.
3rd. Dec.
7,0001
2nd Jan.
Manila, Rabaúl, Brisbane, Sydney. Melbourne & Hobart
SAILINGS TO SHANGHAI & JAPAN
1a.m.
8,000 28th Oct. Amoy & Japan.
210
30%
4%
10%
SANTHIA
1018
TALMA
101%
NELLORE
TANDA
NANKIN
.1a. 3%
29. 2
.103
62%
SHIRALA
.100
RANCHI
17,000
28th Oct. Japan.
.42
"BHUTAN
6,000
30th Oct. Japan.
30%
TANDA
7,000
4th Nov. Japon.
.01%
*BEHAR
€,000
8th Nov. Japon.
50
TILAWA
10,000
11th Nov. Amoy & Japan.
1494%
RAJPUTANA
17.000
00%
0.05
SANTHIA
8,000
25th Nov. Amay & Japan.
..70
.1/3% 1/3.5/32
.31 .0.72
.83 4.90%
The following snips are expected to be in wireless communication with the Hongkong radio station.-Shirala, Yuensang, Tibadak, Rashina Moru, Anking, Sinklang, Swartenhondt, Nellore, President Monroe, Carthage, President Grant, Gretemarsk, Nep- tuna, President Jefferson, Potsdam, Victoria, Empress of Canada Houtman.
Cargo only.
12th Nov. Japan,
--All dates are approximale and subject to alteration without notice. For further Information, Passage, Freight, Handbook, etc, apply to
The Agents. Phone 27721
MACKINNON. MACKENZIE.CO
PROTORBUILDING CONNAUGHT ROAD CENTRAL HONGKONG:
MANILA SHARES
The following business doge quota- close tions were received after the of the morning session by Swan, Cul- berlson & Fritz from their Marilla office:
and
Antamak
Prices in Peso
Business Done
Ӓ арак
Bagulo Gold Benguet Consolidated Coco Grove
Unquoted
do 9,00
Unquoted
0100
35
Unquoted Unquoted
B3
Unquoted
Consolidated Mines Demonstration 1.X...*** Paricale Gumaus
San Maurielo... Sayac
United Paracale
The tone of the market Quiel."
****
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONGKONG, LIMITED.
BUILDERS OF ALL CLASSES OF SHIPS..
BUILDERS OF RECIPROCATING STEAM ENGINES. BUILDERS OF MARINE AND LAND BOILERS. BUILDERS OF TURBINE MACHINERY
Undor Licence From Mosara. Parsons.
BUILDERS OF DIESEL ENGINES
Undor Special Liconce From Mosers, Sulzer Bros., Winterthur.^
Licensed To Manufacture Lotiz Porlit Iron, Specially Sultable For Internal Combustion Engine Working Parts.
DOCK & SLIPWAYS
FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS,
ON ANY TIDE.
ALL CLASSES OF SHIP, ENGINE AND BOILER
REPAIRS
AND EXTENSIVE WELDING, BOTH ELECTRICAL AND
OXY-ACETYLENE, SKILFULLY. AND PROMPTLY CARRIED OUT.
Tol. Address "Taikoodock" Hongkong. Telephone No.-30211.
Call Flag's "*Numeral One” over “Ponnant Aña.”
BUTTERFIELD & SWIRE, Agente HONGKONG, CHINA & JAPAN