1938-06-27 — Page 12

£11

£28 £14. #36

Fa

BUYERS

*H.K. Bank. $1450.

1925

#500

19

$2

#995

THE

Douglasca....

$23) Stormbonts ma

$70 3271

180

Indo-Chinas (ProL)....

361

24

Indo-Chinas (Def.Į............

$24

Carton Ins., `$235. HK. Fire Ins., $220. H.K. Docks, (Old), $19. H.K. Docks (New), $184. Providents (Old), $3.35. Providents (New), $3.30. Venz, Goldäeld, 33.

PAGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers' Association

Buyers. Bellore Sales Momina SATURDAY.

$1450

404

斗战明

£88

"JUNE 25.

11

Banks

H.K. Banks

Do (London)............ Chartered Banks

225 Moronatilə Bks. "A" £13 Mercantile Bka. "C"

193

#51

→

Bank of East Alin ...

N. C. & 8. Banks ...........

Insurances

Canton Baurances..................... Union Insurancem va

$21 Underwritera vermessen

E. Fires HOM

Shipping

Buyers Bullers Sales Nominal

$1,460

KRE

H. K. STOCK EXCHANGE

SATURDAY'S OFFICIAL QUOTATIONS

There was a fair enquiry, for! shares during the short session. thase mest in demand being Humphreys. Watsons. Docks and Telephones. Business WIJ diff cult. Buyers and Sellers ideas be- ing rather too divergent.

FINANCE

NEW YORK STOCK EXCHANGE

1938

(Through Rautar's "Service)

QUOTATIONS

June 24

139 06

$0.00

(28,84. 9401 25.45

June 91, 1938 Higu Low Uluse Chang 13418 187 97 13194,

284 пр 39 up

20.13 $8.33

9063 20:17 2048

42 up

8052 unquoted

17 ag

·High Low Dow Jones Averages 134.98 8.96, 50 Industriala

39.77 19.00 – 20. Baile #90 1604 90 Utiliņas $2.7 8339 40 Bonds

34.99 45.09 1 Commodity Index" 49.17

Business Dona:-1,160,000 shares.

STOCKS

Last Sale

STOCKS

Last Bale

Adams Express

Alleghany Steel Co. 19

June 24 25 104 107 181

June 24 25

Allis Chalmers

...

461

Amez. Can

95

Amer. & For. Power Amer. & For, $7 pf. Amer. Locomotive...

31

19 19

86/10

Rballs......

86/101

8.50 Waterboats.......

$8.90

H. & S. Hotels. $8.40.. HK. Lands, 334).

Mining

14/8

Kailan...**

$14/6

Raube ......

191

Venezuela Gold F'lda

Providents (ald)

$19

#18

$6,40 | Bit

06.45

$14):

$1034

#81

Shanghai Lands S.

$5.40

FI.K. Romities

$3.10

89fets Hong Kong Mines......

Docks, WharYON,

Godowns, etc.

J123H,K: & K. Wharves... $199

Providenta (18W).......

H.K. & W. Docks.... $181

Do (new)

$108 Shanghai Docks 8. .... $3.90 Now Engineerings 8.

Lands, Hotels, and Buildings

H.K. Hotels...........................

H.K. Landa.....8. Do. 4% Debentures "

H.K. Lands 4% Deb.. $1021 Humphreys, $9.10.

HK. Realties, $5.40.

H.K. Tramways; $16.30.

Peak Trams (Old), $64.

13

Amer. Metals........ 33: Amer. Radiator ..... Amer. Rolling Mill ..... 101 Amer. Smelting

451 Ainer. Sugar Ring... 2 Amer. Tel. & ̈Tel... 140{

20

27

1403

China Lights (Old), $10.70.

$3.40

$3.30

Watsons, $6.10.

Cements, $161.

Dairy Farmas, $23)..

Marsmans' (Lon.), 14/5

Amer. Tobacco "B". 70! Amer. Waterworks... 01 Anaconda Copper ... 291 Atchison, T. & 8. T. Auburn Motors

79

31)

31"

Baltimore & Ohio Barber & Co.

61

18+

19

Barnsdüll Of

151 15t

17/

I

$108

-$4

Consol, Ch. Prov. (Old), $8.70. Consol. Ch. Prov. (New). 36.60 SELLERS

Bethlehem Steel

541

Boeing Airplane Co. 261 Borg-Warner

251 201

Brooklyn-Manhattan

$6.40

645

$34

SIOL

35.30

H. & S. Hotels, $81.

SALES

Trans

91

Brooklyn-Manhattan

HK: Docks (New), $18) ·

?

Humphreys....

Chinese Estates wit

Cotton Mill

$14 Ewos (8.)

H. & S. Hotels. $6.45.

H.K. Tramways, $17,

China Lights (Old): $10.70.

HK Electrics, $591.

$6 cum. pt.

Case. "J.I........

261

871

Canadian Pacifc....

Chesapeake & Ohio 284

Chrysler Corpn.......

541

$14.70

Macao Electrics. $18.10.

$75

Watsons, $6.20.

B'hai Cotton (8.) ..........."

$24

327

Zoong Sings (B

$49

$42

Wing On Textiles (8.)"

(Prices below In Phil. Currency)

Antamoks Ps... 42

Public Utities

$16.90

$16.95

$17

Atcks. 27)

$17

Columbia Gas & ET Columbia 8% "A" pf. 85 Commercial Credit... 341

11 11 Commercial Solvents Commonwealth & 5.-

401 6% cum pt.

"Tramways enjo

$81

Peak Trama (old)......

[Peak Trams (Daw).................

$84

Star Ferries

1.3

Yati Ferries C.B.

$21.84

Do.

$10.70

$10,70

139

$491. $18-10

+

Macsa Electrics

China Lighta (eld)

B.K. Electrics

Sandakan Lights.

(new)

$102

China Lights (now).....

$7.70

1091

$37

Telephones (cid).

248

Tractions

94 A

Tractions (praf.)

$9.20

Telephones (sew)..............

$164

38.60

**3+

150

$5.70

$14/5

va. th

Industrials

$14" Cald., Marg (Ord.) 8.

$14

Cald., Mecg. (Prat.) 8.

$1.70 Canton Tees

Cementa

#4.60 (Ropes

Consolidated

China Prov. (old).

China Prov. (new)......

Miscellaneous

Dairy Farmos

16 Ch. E'tairunanta

36,65

*Constructions (old)...........] -1}

Constructions (now)....

$8.70 Laus Crawfords.........

Nanyang Tobacco

$2.20 Sinceres

Watsons

68 CL.G.5% 19%G.$Bds.

6pm H.K. Govt, 4%-Loans'

3 pm H.K. Govt. 3% Loans $1024

H.K. Wing On....... *63 S'hai Wing Un..

TANJA

$51 Vibro Piling...........

Marsmans Lav. (Lon.)

$3/11 Maramana Inv. (H.K.)

70 eta Win Powell

LONDON EXCHANGE

:

::

:

::

ཨཙྪདྡྷི། ( 1འི 11:|:སྶ

::

$84

321

3322

Bagulo Gold, 21 Benguet Consol.. 9.90 Coco Grove. 451 Demonstrations, 27 San Mauricio, .43 .. Suyoc Consol., 161 United Paracales, 29

Consolidated Edison 254

Consolidated Oil

91 91

Continental Can

45

Continental or"" Corn. Products Curtiss Wright" (C.) 5.. 41 Curtiss Wright "A" 193 Distillers Corpn. Sea-

"grams

301

131 131

92/6

THE EXCHANGE Du Pont

Douglas Aircraft

481

113

118

MARKET

..

Eagle Picher· Lead, 101 Elec, Bond & Share 8f Elec. Bond & Share

$5 ...... Elec. Bond, & Share

$6. DI. introte

•

50

$236

38.10

$5

321

100

Gen Railway Signal 18 Gildden Co. ..... Goodrich (B.F.) Goodrich $5' pf....... Goodyear Tire & Co. 201 Great Northern Iron

Ore.....

MARKET

Great Northern Rly. 181 Great Western Sugar · 27 Greyhound

RATES

(British Wireless Service)

June, 22.

June 25

Pariz

177 15/16

Geneva

Berlin

21.50 12.30

Athens

Milan

04 3/16

21.601 12.31

947

Copenhagen

Stockholm

Shanghai

82

New York

Amsterdam

4.05 9.16 2.95

Vienna

Prague ......

142 9/18

1422

Helsingfors

2264

Bucharest

0721

Hùng Tony

Bombay

Montreal

5,001

Brussela

29.29

5.01 20,20+

Yokohama

Rio

10

201

י,

Sellers

Buenosaires,

Monte Video,

Sliver" (Forward)

Sliver (Spot) War Lond

18 11/10.

ON LONDON

18 15/16

36% 1014.

Closing Quotations

June 25, 1833.

Telegraphic Transfer... } vez Bank Bills, on demand! Oredita, ́4 months! right – 1/3)

ON SHASAL

On demand”.

ON SINGAPORE:-

On demand

JAPAN:-

On demand

INDIA

Toregraphic Transfer..

160. nom.

531

4406-13/18

8.951

Or Naw Yok!--

18-9/18 19

$16,30

MESSRS. ROZA BROS.

Silver prices rose 1/16 yesterday

for both deliveries, the quotations being to for Ready and 18 13/16

tor Forward. Silver advices re- ported Speculators AS haying a. sruall extent. The bought to

steady. American market was

Silver was quoted at 42 3/4 for Spot.

The London/New York cross-rate was quoted at 498.12 New York! 6IX London was quoted at 496.5/10

$5

Steady.

STERLING

The market opened with sellers

at 1 2 15/16 June/September re-

Gen. Electric Gen. Motors

70 ct.sulting in some business at 1/2 SCULPTOR TURNS

Bank Bilg`on demand 301 ..... Credita, éd days” sight 312 Ox Bay

651

!

On demand UN PARINT

Bank Bills, on demand 1,095 Credits, 4 months" sight 1,160 ON SAIGON

On demand ON MANILA-

On demand

On Bandzor

V

31/32 for Cash and 1/2 15/16 Octo-

market closed ber. The sellers at 1/2 31/32 Cash and 1/2

With FACTORY

15/16 June/October. buyers at 1/3 MANAGER

| Cash/July and probably 1/2 31/32

August.

U.S. DOLLARS Sellers at 30 15/16 Cash and 30 7/8 June/August, buyers at 31 Cash/July and 31 15/16 August September.

SHANGHAI DOLLARS 186 1/2 Nominal.

SHANGHAI MARKET

Nominal.

PHILIPPINE

MINING NEWS

GOLD STREAM Mining. Com- pany. Inc. reports that new Cevelopment workings were opened with encouraging findings.

The major activities of the com-

Harvard-trained Chinese sculp- tor Teng Kwel, whose works häve been exhibited in various American museums, has turned factory manager, out of patriotism to his country. He is now in Hankow supervising the work of hundreds of refugees who are making socks, fans, straw sandals and towels for Chinese soldiers at the front

SHARE MARKET REVIEW

MARKET SLIGHTLY

FIRMER

BY C. A... RICKETT

Member-Secretary

Hong Kong Sharebrokers' Assen.

SPOT

JULY-SEPTEMBER

OCTOBER-DECEMBER

214

221

23

23+

23 231

up f 231 237 up #

Steady conditions prevalling in London and New York were" responsible for the market opening 1/2 of a cent higher for all de-

liveries.

Throughout the session the market displayed a very steady un- dertone. Good demand from consuming countries for spot Rubber influenced fair buying of forward options for trade and speculative accounts. Prodt-taking and Iquidation, particularly of July-Sep- tember positions, was easily absorbed.

Conditions generally: nave been Subsequently prices registered a further alight advance of 1/8 steadier during the week under cent, the market closing with a steady under-tone. review;

Although the demand Well informed quarters in London are of opinion, that the mar Mr. Teng, who sometime ago has not by any means been eften-ket is likely to maintain the higher prior-level having successfully taught art in Yenching University.sive, there were enquiries for at-resisted all attempt to bring it down due to good trade and an American institution in Peiping, most all stocks, and, conversely to speculative demand. envisages in his present work an the previous week's market, acllers Interesting experiment which, if in their turn displayed a reluc

tance to part with shares successfully carried out, will go a

The

long way toward rehabilitating result has been a slight all round

ВРОТ China's thousands of helpless war improvement in prices.

Turning attention to fast year's OCT-DEC refugees.

The project of which Mr. Tent most listed stocks give a yield of

dividends it can be noted that JAN. MAR.

in charge and upon which he is expending his entire from Ave to seven per cent

now

оп

LONDON RUBBER

Previous close...

Today's close

buyers sellers buyers

6-11/18 6-13/16

6-7/8 6-15/10 ..."6-15/16, 7

NEW YORK COTTON

sellers change CLOSED

Lower Liverpool cables and moderate Liverpool and Bombay sel-

week-end liquidation, Prices, however, later advanced on Trade

pany will be concentrated to the efforts, comes under the New Life present market values and it casting caused an early decline, which was further accentuated by some drilling is being employed in block. issimo Chiang Kai-shek is the fare disinclined to part with shares buying and covering by shurts together with the steady; tone of Marikit vein. On this vein, hand Movement Association General-readily be understood why holders

chairman of the association.

ing out the vein system bems too remote from the compressor.

REFUGEE WORKERS On the Klamun" vein,"two "jack-

The refuged workers, mainly wo- hammers are used, and another Jackhammer is operating in the men and girls in their teens, work drain, tunnel, that on

the main two improvised factories which were once schools. They receive face while operations in the drifts

from 20 to 30 cents a day, which, were temporarily suspended

I no francial difficulties will be met in the near future regard ing the operation and development of the two velns, it is expected that the approximate P1,000,000 MOULIN

while insignificant in amount, re- present their net earnings, as their lodging and meals are provided for

at these prices.

On the other

NEW YORK RUBBER

hand the market continue to be securities and a return of showery, weather over the Belt. overshadowed by the threat of in- vasion in South China and · in- commit

vestors are hesitant to themselves too heavily. The turn-

over" has, therefore, been very limited and business continues on in restricted scale::

BANKS IMPROVE Hong Kong Banks improved front we có 1457 Unton In- According to Mr. Teng's plan,surance shares were wanted (at

by local charity greens.

Closed.

CHICAGO WHEAT

After early easiness, prices rallied on the strength of securities and on general buying, as well as on reports of rain. In the South- West. The lightness of hedge-pressure and, a moderate amount of foreign demand aided bullish sentiment.

at

$34 and

of possible ore, about one third of the experiment will be shortly ex- $405 and could be obtained at ere arm with buyers at 8101 and [in for enquiry which can only be considered, and tended to other cities. In addition $500. Electrics Advanced $3 and an absence of sellers. Providents Wharve. at $123. Humphreys were may possibly converted into posi- to the things now being produced, changed hands at $60. Hong ro had buyers a $3.45, Dairy arm at 29.

109

614

Bank Buying Rate...

1498

tive probable and possible ore of the refugees will be instructed to Kong Docks (o) came in for en-Farms at 23 and Hotels at $0.45 Gold Mining stocks remain quiet.

and quiry and were wanted at $19. with sellers at $6).·' one, and a half to P2,000,000 before make under-shirta gauze

Realties and fan to attract Hong Kong 1/2-1/16 the end of the year Ore blocking absorbent cotton, 211 for consump Trams were offering at $17 with changed hands at 35 and were speculators Market closed slight

is progressing in the mines.

tion by the Chinese troups

buyers at $16.90- China Lights (0) -wanted as this price. Lands camely easier.

On demand .... Sovereign Notar.

52;

153

39

351

20

15

43.

12)

10. Corpn

¤ ¤ ¤ × ~ ¤ × ¤ ¤ a ¤ ¤ ¤ ¤ ££***;**** ~ ****¤ ̃9#7 ******** ***** • *fe:¤¤evä sän¤

Hecker Products

71

.71

InL. Nickel

471

49

47)

95.

Int. Tel. & Tel. .....

93

101

Kennecott Copper... 36)

371

37

Libbey Owens- Ford

20+

20.

Glass

343

35)

Lockheed Aircraft

121

121

341

Loew's Inc.

481

491

131

Martin, Glen L

231

231

MONDAY, JUNE 27, 1938.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

MEMBERS :

New York Cotton Exchange

"NY. Coffee & Sugar Exchange Inc.

Commodity Exchange Inc. NY.

Telephone Numbers: 26631, 26632, 28633,

New York Commodity

Market

McKesson &

Rob-

473

bins. $3 pl.

301

297

Monsanto Chemical 861

881

10+

301

324

3

Montgomery Ward.. 381 Nat Dairy Products' 141 Nat Distillers..... 21:4 Nat Power & Light | 61 Nat. Supply Corpn. 181 New York Central 142

401

(THROUGH REUTER'S SERVICE)

147

New York: June 25,

211

Last Today's

7

High Low Close

Close

Change

20

151

61

North America Co. 201.

211

Northern Pacific

101

10

Pacific Gas & Elec

271

Now York Cotton-Jaly. New York Rubber-July. Chicago Wheat Anduly, Chicago Corn ---July. Winnipeg Whost ~July.

8.78

BUS. 8.73

9.75

.03 up

13.96

glowod

ZA

751 371 071071 107 104 105

772

I up

57

unch.

100%

it up

281

581 261

Pacific Lighting

394

391

Packard Motors .......

41

41

274*

Paramount Pictures 91 Pennsylvania RR.... Phillips Petroleum... 381 Public Service of N.J. 29 Pure Oil... ....... 102

.. '91

18

181

391

July

NEW YORK COTTON

Close ....8.72/72

Opening

Closing

Change

8.67/66

8.75/75- .03 up

301

October

8.71/72

8.64/65

8.78/78

.05 up

11

December

8.78/78

8.71/71

8.83/83

-.05 up

921

62

281

Radio Corpn. of Am. Republic Steel...... Reynold Tobac. "B" 404

61

61

January (1939)

... 879 N

.8.73/73

8.84/84

-05

up

177

182

March

)

8.84/84

8.79/78

8.88/88

.04 up

41

May

C

)...

571

Schenley

171

17

Spot

....8.80 N 8.82

8.81/81.

8.93/93

.07 up

8.85

1:03 up

.77

Schenley 54% DI.

$7

66 *

The First Notice Day for July Cotton Is June, 28 with delivery,

63"

Seara Roebuck

641

.65

date July 5.

354

Shell Union Oil

143

15

NEW YORK RUBBER

Socony-Vacuum Of

141

15

'40"

26

Southern Pacific Southern Rly $5 ptd. Standard Brands

141

15

July

13.90/96

CLOSED

-

141

-15

September

14.12/13

額

December

14.22/23

Stand Gas & Elec.

37.

37

March

.... 14.37/37

481

Standard Our N.

51f

521

May

14.45/45

30%

881

Stone & Webster....

Swift International 26 Technicolor

87

9.

Sales for the day:

281

CHICAGO WHEAT

231

233

201

Texas Gulf Sulphur, 33) 20th Cent. Pox. Films 231

do.

323

July

753/751

751/751

237

September

763/781

761/761

December

Films pf.... 31

301

781/781

775/771 ".781/78) 80 /791

1 up 14 "up

1 up

471

Union Carbide &

Friday's Sales:

22,578,000 bushels.

101

87

Carbon Union Pacific United Aircraft

771

791

T

781

July...

281

274

United Airlines Trans 87

81

September

CHICAGO CORN 571/571 571/57+ 587/59

59. /59

571/571 59/594

unch

up

December

49 *

United Corpn. ........

3

31

.... 5817581

581/581

up

United "Corpn.

$3

52

cum, pf....******

28

281

July

WINNIPEG WHEAT 1057/1051

105/105

1083/107

Hup

172

United Gas Corpe. 34

-37.

October...

... 851/ 852

851 251

871/ 871

11 up

40

38

Un, Gas Tprovem't 10 US. Rubber

101

December

827/.821

841/841

11 up

32

321

NEW YORK STRAITS TIN

197

US. Rubber pf.

711

731

201

US. Steel........

521

544

September

42.10 N

Closed

16

Vanadium

r

18

NY Silver, Official .......

42-3/4

42.

..21A

Warner Bros. Pict. Westinghouse

51

5

|NY/L'don Cross Rate... 4.98-5/16

unquoted 4.96-3/16

Elec. 891

94

Woodward Iron Cor. 154

157

12

191

27.

Chase National Bk. 297* National City Bank 247* Call Money ...........

301*

252*

1/

1%

101

: ex. div.

- bid.

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

SINGAPORE RUBBER

JUNE 24TH. JUNE 25TH. buscru sellers buyers sellers change

22 *221 221 up 1 22.