14
$1,400 £29
£111
£25
£14
$84
4.
590
N. C. &B Banks.....
$3
STOCKS
Insurances
1935
$210
Canton InsuIRENES...........
510 Union InsuTRICOS PA
$500
HK. Firés, $220.
12
$Underwriters
1920
1920
Wharves, $123, $125.
Adams Express ...... Alleghany Steel Co.
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE Hong Kong Stock Exchange
QUOTATIONS Sharebrokers' Association
Burent
Hales Nowinal
THURSDAY, JUNE 30.
Huyers Sellers Sales Nomizol
Bauks
+
£11
$1,160 H.K. Banks.............
Dp. (London) ..... Chartered Banka
£38 Marcantile Rks 'A"
£13 Marcantile Bka "C".
Bank of East Asis ...
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
On the whole the market dur- ing the short week ruled quiet but prices have been maintained gen- Demand continues for erally. Trams, Electrics: Lights Old, and Telephones Old...
BUSINESS DONE DURING THE WEEKENDING 30TH JUNE H.K. Bank, $1457), $1460..'
Canton Ins.. $240.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
QUOTATIONS
June 18, 18.," Bigu, Low Ulose, Chang 138.13 130 36. 135.57 5.49 up! 20.7 94.7 9813 1.51 upt
FRIDAY, JULY 1, 1938.
PAYNE & CO.
Q
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
1938
High Law Dow Jones Averages 124.95 8.98 20 industrial
$9,77 19.00 20 Raile 38.20 16.14 " 20 Utilities 93,70 83.39 40 Bonds H64.82) 45.0.5 11 Comodity latex
June 28,
130.38
21.57
SU.J
$1,04 2004 2131
.61 uu
$8.33
86.90
49.04
48.41
57 up 37 up
Business Dono:-2,660,000 shares.
Last Sale
STOCKS
Last Sale"
June 28 29
June 28 29
(THROUGH REUTER'S SERVICE)
10 101
Hecker Products
TA 71
18
194
Int. Nickel ......
481
491
New York, June 29.
Allis Chalmers
181
50
Int. Tel & Tel.
91
10:
High
Low Close
11. E. Firs
Docks (Old), $20.
Amer. Can
26
99!
Kennecott Copper. 381
381.
Shipping
$75
Docks (New), $18), $19ł.
New York Cotton
Amer. & For, Power
31
33
Libbey-Owens- Ford
Douglases
500
Hotels, 36.45, 36.40, $8.35.
New York Rubber ....
$134
Niuamboats m
Amer.
For. $7 pf.
19%
211
Glass
ЭТА
398
$60
Indo-Chinas (Prof.)
351
Lands, $341.
Amer. Locomotive... 19. 201
Lockheed Aircraft...
121
131
Chicago Wheat
July 8.77 9.66 8.72 8.75 July 1492 13,89 July 76 75
Prev. Today's
Close Change
.03 up 13.85b 14.72 87 up
751 761 # of
:
124.
Indo-Chinas (Dol.}..
$24
88/1
Humphreys, $9.35.
Chicago Corn
Amer. Metals
96/1
Shells
Realties, $54.
Waterboats
18.90
Amer. Radiator
331 342 137
Loew's Inc.
511
Winnipeg Wheat
15
Martin, Glen L.
241
241
........ July
July 511 56- 37
1044 102.
103
571 .102
i up
1.
off
Mining
14/6
14/3
Kailansert
49) Rauba......
Vonezuela Gold Fids.
$3
ota Hong Kong Mises......
Docks, WharvIS,
Godowns, etc.
$125
1.K. & E. Wharves...
$126
$191 $19
$19)
340 Providenta (old)....... $3,30 Providente (new)...............
H.K. & W. Docks....
Do (now) 3117 Shanghai Docks 8..... $3.00 New Eaginearings 8.
Lands," Hotels, and Buildings
$3.45
53.35
$90
*10)
Tramways, $17. $16.95. $17. Star Ferries, 184.
!!
China Lights (Old), $10.70, $11. Electrics. $59), $591, $59. Macao Mectrics, $18.10, Telephones (Old), $27, Dairy Farms. $24. Watsons, $6.20. 581.,
(3.15 p.m.) CLOSING QUOTATIONS BUYERS
Amer. Rolling Mill ..... 194 - Amer. Smelting ...... ́ 461
201
McKesson &
Rob-
491
bins. $3 pi.
314
321
Amer. Sugar Ring..... 253 Amer. Tel. & Tel......... 1301 Amer. Tobacco "77) Amer. Waterworks... Anaconda Copper ... 301
27 144)
Monsanto "Chemical 914
941
NEW YORK COTTON
93
Atchison. T. & 8. F.
30
331
Montgomery Ward 391 781 Nat. Dairy Products 141
Nat. Distillera 101
Nat. Power & Light 314
Nat."Supply Corpn. 194
42;
15
Close
Opening
Closing
Change
211
227
July
8.72/72..
8.69/69
8,75/76
.03 up
?
74
October
8.69/69
8.67/68
8.72/72
.03 up
201
December
8.75/75
8.74/7+
8.80/BO
.05 up
Auburn Motors
J
3
New York Central...
141
16"
January (1939)
8.78/78
8.75/75
$8.82/82
.04 up
Baltimore & Ohlo !..
8
67
North America Co. 214
221
March
}
8.82/82
8.80/80.
8.85/86
,03 up
Barber & Co.
18A
201
Northern Pacifc
01
101
May
3
#117$
14
Realties. $54.
Barnsdal Ou
154
181
Pacific Gas & Elec
231
231:
Spot
8.86/86 ** 8.82
8.81/82
8.88/88
.0% up
8.83
.03 up
+
SELLERS
"Bethlehem Steel
60
Pacific Lighting
304
40
The First Notice Day for July Cotton is June, 28 with delivery
#
Providents (New). $3.30.
$340
36.40 4341
1102
H.K. Hotels ......... H.K. Lands.................8. Do. 4 Debentures
$6.35
$341
Consol. Prov. (New), $6.80. Ferries. $84.
Baring Airplane Co. 161 Borg-Warner
281
Packard Motors
41
date July 5.
.271 - 301
Paramount Pictures
.91
104
Brooklyn-Manhattan
Pennsylvania R.R....
NEW YORK RUBBER
174
183
8102
Trans.
91
Phillips Petroleum... 391
42
July
13.85b/92a 13.89/94
14.72/72
87 UD
Shanghai Lands 8,
SALES
Brooklyn-Manhattan
Public Service of N.J.
301
30
$5.45
#51
1.K. Realting
$51
H.K. Banks, $1460.
September
14.01b/056 14.05/03
14.80/81
.79 up
..$6 cum. pĹ. .....
3TA
201
Pure Ol...
114
13
December
14.15/IB
$9,30
14.20/17
સ
14.92/95
מט זיד.
$9.20
Humphreys an
Realties. $5).
Case. J.I.
89,
94
Radio Corp. of Am
7
March
14.30/32
10 Chinese Estaten.........
Trams, $1.
Canadian Pacific
58
Republic Steel
171
181
Cotton Mills
$14,70
Ferries, $84.
4.60 won (8.)
Chesapeake & Ohio 271
291
$75Å
Ch. Lights (Old). $11.
Reynold Tabac. "B" 411
May
14.41 N
15.05/05 .75 up 15.18/18
7 up
424
Sales for the day:
6,940 tons
$78
S'ani Cottons (8.)
Chrysler Corpn....... 551
601
Schenley
171
191
$24
$27
Zooag Sings (8) ................
812
$12
Wing On Textiles (8.)
Pabile Utilities
$1890
$18.90
Tramways emerenarts
Penk Trams (old)......
181
$3
Peak Trama (new).......
Star Farrios.......
$200
Y mati Ferries C.R.$
Da.
(new)
SIL
China Lights (old).... $10 90
8. China Lights (new).....
H.K. Electrics......
#1810 Macao Electrics
$59.
406
Sandaist. Lights
Taluphones (old).
CO
$10
Telephones (DW)............
$77 CD -38.20
24/6
24/0
Tractions
246
Tractions (pref.) ............ Industrials
$1.70. Canton ize
$460 Ropes
Consolidated
314 Cald., Marg (Ord.) 8.
$14
Cald., Macg. (Prof.) 8.
410 Cemacta...................
I..
THE EXCHANGE Commercial Credit... 36
MARKET
MESSRS. ROZĄ BROS.
Silver prices were unchanged yesterday. the quotations remain- Ing at 19 1/16 for Ready, and 18 15/16 for Forward. Silver advices reported the market as being fea- tureless with # small business done. The market was steady. American Silver was quoted at 42 3/4 for Spot.
Consolidated Oil Continental Can" Continental Ou Corn. Products Curtiss Wright (C) Carties Wright "A" Distillers Corpn. Sea-
Columbia Ges & El. ། Columbia 6% "A" pf. 851′′
77
Scherley 5 pt.
68)
693
CHICAGO WHEAT
674
Sears Roebuck
841
'681
383
Shell Union Oll
147
161
July
571/751
75%, 75
751/75!
Commercial Bolvents Commonwealth. & 8.
6%*cum pt.
11
工醬
Socony-Vacuum Ol
-14)
15
September
702/761
Tea/761
768/761
Southern Pacific
131
15)
December
78+/781
781/781
i of unch
423
Southern Riy 55 pfd.
141
181
Monday's Sales:
21.310,000 bushels.
Consolidated Edison, 25}
27
Standard Brands
.73
8
91
91
Stand Gas- Elec,
CHICAGO CORN
41
41
45)
48)
Standard Oli of NJ.
52
53
| July.
57 /5T
562/581
57/571
1 up
301
311
Stone & Webster
01
September
581/581
581/581
58/583.
tup
63
681
Swift Internations
261
281
December
571/531
571/671
up.
5
5
Technicolor
23
233
20
201
Texas Gulf Sulphur 324
344
WINNIPEG WHEAT
20th Cent. Fox. Filma 23
241
July
103/103 103/1027
102/102
1 of
grams Douglas Aircraft Du Pont
131
141
do. Films pf..... 32
33
October ...
40
Union Carbide &
December
84/841 # 841/84 B1/811
841/841
+ up
811/819
קט !
1134
1201
Carbon
777
80
Eagle Picher Lead 101
111
Union Pacific
-78
82
NEW YORK STRAITS TIN
$1.60
$10,20
1
The London-New York rate was quoted at 495.40. York-London was quoted at
Cross
Elec. Bond & Share
81
日
United Aircraft
281
282
New
stec. Bond & Share
United Airlines Trans
81
9
September
495.
NY Silver, Official ...
$5 f
501
50 *
United Corpn.
3
3
"
1/2.
Elec. Bond & Share
United Corpn.
$3
42.25/25 41.95a 42-3/4 NY/L'don. Cross Rate... 4:95-7/16
77
42.85 Nom,
42-3/4
4.95-1/2.
$6 80 China Prov. (old)................
TL-
MARKET
se pt.
54
554
cum, pí. ja.......................-..
273
201
$8,60 China Prov. (56W)...........
Quiet.
. fintkote
18
197
United Gas Corpo.
31
41
Miscellaneou
STERLING
Gen. Electric
391
412
$24
Dairy Farms
$234
Un Gas Tprovem't 10
104
$8,60 Ch. È'tainments .................] $6.55
#11
Constructions (old)..... $1,40
Some business was reported at 1/2 31/32 August. Thefe
Gen. Motors
354
372
U.S. Rubbe
32
361
were
Constructions (now)...
$8.70 Lane Crawfords....
38
Nanyang Tobaco.......
35
6.30
69%.
$3.20 Sincera3 ' *******
Watsons
Cb.G.5%1925G.$84.
$21
$4.30
sellers at 1/2 31/32 July-August and 1/2 15/16 September-October. buyers at 1/3 Cash-August and 1/2 31/32 September-October. '.
Gen. Railway Signal 19 Glidden Co.
. 201
U.S. Rubber pf.
742
781
207
23
U.S. Steel
531
561
”་
Goodrich (BF) ...
151
17
Vanadium
17.
"B
Goodrich $5 pf.
421
49
Warner Bros. Pict....
51
61
Goodyear Tire & Co.
201
221
Westinghouse
Elec. 92
98
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
68%
U.S. DOLLARS
"
... 6p
H.K. Govt, 4% Loans
$106
3pm H.K. Govt. 34% Loans | $1093
300
11.K. Wing On med
554
S'hai Wing On....
$5
Vibre Piling......
45
$19/5 Marsmaas Inv. (Lon.)
J
| 13/11 | Maramana Inv. (H.K.)
70 cia. Wm. Powolis
LONDON EXCHANGE RATES
170 cts
Sellers at 30 7/8 July-August and 90 13/16 September-October, buyers at 30 15/16 July, possibly for cash and 30 7/8 October.
SHANGHAI DOLLABS, Nominal 167..
Great Northern Iran
Ore Great Northern Rly. 171 Great Western Sugar 261" Greyhound
F
Woodward Iron Cor. 14
151
12
12
Chase National Ek. 317*
331*
191
Corpn 101
27 113
National City Bank 264 271*
1%% Call Money
..1%
SPOT LEGGI
JULY-SEPTEMBER
OCTOBER-DECEMBER
ex. div.
bid.
*****
June 28 buyers sellers
22+
June "29
buyera sellers change
231
231
221 23 .231
221
оп
of t
24
244
231 237 OI 1
SHANGHAI MARKET
8,29 324. Nominal.
IN THE AFTERNOON
Paris
Ведеть
Berlin
Athena
Milan
Copenhagen
Stockholm
Shanghai
Amsterdam
Vienna
Prague Helsingfors Bucharest
(British Wireless Survise)
June 28
June 29
177-29/32
21.62
12.301
94-3/16
*21.617 12.301
94-3/16
83
New York
4.951 8.951
9.95-3/16
1424
226
#724
Hong Kong
Bombay
Montreal
1/6-13/18d 5.001 29.293
29.22
Brussels
Yokohama
Sellers
Buenosaires
Monte Video
Silver (Forward)
Silver (Spot)......
War Loan
ON LONDON:-
19
20
"18-15/16
19-1/16 31% 1017.
Closing Quotations
June 20, 1838.
Telegraphic Transfor.::
Bank Bills, on dépiand) Credits, 4 months' sight 1/2)
ỌN SHANGHAI:→→
On demand
“ON SINGAPORE:---.
On demand
ADN - JAPAN —
On deänd
OF INDIA
Telegraphic Transier.. Dark, og demand
• 150 mom.
201
18-15/16 19-1/15
31% 101-13/16
On New York:-
Bank Bills, on
demand 3011/16 Oredite, 60 days' night 21-3/16 UN BATAVIA-
On demand....
653 ON PARIO ***Bank Bille, on demand. 1,096 Credits, months' night 1,180 OF SAIGON:-
The market opened 1/8 of a cent higher for all deliveries as compared with Tuesday's closing quotations.
The market displayed a steadier undertone shortly after
the opening with a fair, demand for apot Rubber Trade and specula-
The market was quiet in the GOLD HOLDINGS | JAPANESE WOOL ve buying was encouraged by reports received from London and
afternoon
STERLING
The market closed with sellers at 1/2 31/32 July-August and 1/2 15/18 September-October, buyers at 1/3 Cash-August and 1/2 31/32 September-October,
U.S. DOLLARS Sellers at 30 7/8 July-August and 30 13/16 September-October. buyers at 30 16/18 July, possibly
for Cash and 30.7/8 October,
H.K. SHAREBROKERS: ASSOCIATION
BUYERS
Wharves, $125.
China Lights (Old), $10.90. Electrics, $59.
Trams, $16.95.
SALES
Banks, $1460. * ..
Providents (Old), $3.45. Lands $35.
China Lights (Old), $11. Electrics, $59).
MISS JOYCE CHAN'S SUCCESS
Word has been received from the British Institute of Commerce, of which the Rt. Hon. Lord' Morris
1s President. by Messrs. Thomas
IN BRITAIN
London, June 30.
MONOPOLY
New York that these markets had shown a better resistance to bear- attacks than was generally expected. The opinion also prevails that, although prices might possibly decline a little further before · continuing the upward trend, it would be advisable to follow policy of conservative accumulation rather than extensive liquida- tion of long positions.
2
During the session prices registered an advance of 1/8 cent on fair general buying which easily absorbed all liquidation of July-
Closing tone was quiet, but steady.
"London, June 30. The value of Great Britain's Sir John Wardlaw-Milne (Con- gold holdings has increased by & servative) asked the Prime Minis- further £18,000,000, according to
ter in the House of Commons statistics issued yesterday.
yesterday whether he had receiv- September options, £831,000,000, compared with 2817, ed a full report from the Ambassa- 000,000 on September 30 last year dor in China on the Japanese and £703.600,000 on March 31 last wool monopoly in North China.
The Under-Secretary for For-
The total On March 31 was
year.
LONDON RUBBER
change
Previous close Today's close sellers buyers sellers buyers According to statistics released eign Affairs. Mr. R. A. Butler, re-
..... 6-13/16, 6-15/16 6-7/8 7 3. POT...
up 1/16" OCT.-DEC. by the Treasury, the Exchange plying on behalf of the Prime
6-15/16 7-1/18 7-1/16 7-3/16
up 1/8 held Equalisation, Account
JAN.-MARCH
7-1/8 7-1/4 7-1/16 7-3/16
up 1/16 O Minister, said that the Foreign March 31 this year gold to the secretary. Lord Hallfax, bad in- After ruling quiet, the market firmed up on Continental de value of £42,546,000, while the structed Sir Archibald Clark Kerr mand and better Wall Street tables," Bank of Erland held 78.843.000 to keep him fully informed re- Ane ounces-Reuter).
garding developments.
:
SINGAPORE STOCK QUOTATIONS
Meanwhile, the British Ambas
"
NEW YORK COTTON
Early in today's session, the market was inactive and declined sador has reported that while on Liverpool, Bombay and foreign selling of distants, July liquida- there appeared to be a tendency tion against 43 notices and more favourable weekly, weather re- towards a Japanese monopolistic porta. Later, however, prices rallied on the strength of securities. practice in North China, there which checked selling. The higher levels, however, did not attract The following quotations of 12 was yet little evidence of damage much new buying. Finally, prices advanced on the continued strength" leading Singapore stocks have to British trade on this account. of Wall Street and the tone at the close was steady. Messrs, Clement
received by Messrs. Ells
Curtis & Company estimate the crop at 10.000.000 bales.
„NEW YORK BUBBER
been
J.
and Edgar, from Messrs. M. Bassion & Co., Bingapore.
Singapore,-June 27.
MIDDLE PRICE
Rubber SharŐS **
Amalgamated Malay Batate
(Reuter).
Industrials
Prices advanced to new highs on the strength of Wall Street. Sungei Luas Tin Dredging and continued factory Interest in Actuals. The covering of July $1.57).
short positions and the, prompt stoppage of 82 notices also aid- July short positions and the prompt stoppage of 82 notices also aid- Straits Trading Co., Lt.. $28.25: ed "the market. General buying of distants easily absorbed profite Le C. Kuen & Co. Incorporated Accountants (Aust), the Insti- Limited, 31.45; Kempas Limited, United Engineers Ltd., (Ordinary), taking and hedge selling. General demand is at present small, but tute's examination representatives $1.85; Kuala Bidim Rubber Co.,$7.90; Weare Brothers Limited, the buoyancy of stocks is expected to bolster prices. in Hong Kong, to the effect that Ltd., $2.40: Pajam Limited, $1.80; $13,90, Miss Joyce Chan has been suc-Bungel Bagan Rubber Co., Ltd.. cessful in her examination and is $1.42: Tapah Rubber entitled to attach the abbrevia Ltd., $1.80. 149)
On demand
100
ON MANILAI-
On demand"
eit
ON BAROK
On demand
Sovereign Note
J
tion. "ACT" (Associate of the
Bank Buying Rate........... 1/2-1/18 Institute of Commerce) after her.
Ay - 1903. KUI
name.
18-1/16
Estates
Gold
CHICAGO WHEAT
Early in the day, the market was firm on the up-turn in securi- Raub Aus. Gold Mining Co., Ltd. ties. However, the easiness of Liverpool, favourable harvest weż- checked the advance. 35.25.
ther and helpful showers in North Dakota (The above quotations are in Finally, there was some hedge selling with prospects of increase
new-crop movement: Limited,$7.90; Straits dollars).
Tin Shires
Petaling Tin
..
No comments yet.
Private notes are available after approval.