PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
⚫ller Bales Nominal:
##
THURSDAY, JUNE 30.
$1.460 H.K. Banks
KRZ
.
1949
1519
$31
Sharebrokers' Association
Buyers Soflers Baton Nominal
Banks
$1,400
Do. (Loadon) me Chartered Banks
£111
£14
$38
12
$135
$600
$320
$75
$20
51
24
88/11
2
14/6
211
218 Marcantile Bk. "A" £13 Marsalis Bka. "C"
Bank of East Asia ... N. O. & B. Banks...........
500
Insurances
acton-InsaraNOW........... Union Insurances ma
darwriters .....................
$93.E. Fired -----
Shipping
Douglasen
#29tembant# ---------
360
Indo-Chinas (Prof.)......
174 Indo-Chinus Def.)....
{{Waterbonis ----insan
365
86/1
Shells
10
Mining
14/3
Kuigas
#31
Rachs
3
$125
310 $19
#19)
$8.90
tii i
*:
*!
3125 13.45
$3.35
1.K. & W. Docks.... 820
$191
#117
14
Venezzais Gold Flds.
ota, Hong Kong Mines.......
Docks, Wharres, Godowns, etc. H.K&K, Wbarres...
13 40 Providenta (old)......... "$3.30 | Providente. (new)......
Do
$17 Bhanghai Docks B... $3.00 New Engineerings S.
Lands, Hotels, and. Buildings
H.K Hotels
Lands.......B.
Humphreys
Chinese Estates...............
Cutton Mills
..
i
$6.30
8.341
$6.40 134)
L
H.
B102)
Do. 4 Debentures
#1024
Shanghai Lands S.
15.45 39.30
#51
1.K. Hoadiem
$9.30
$14.60 Ewus (6.) '...........
678
S'hai Cottons (S.) .....
537
Zoong Sings (5.)...............
$42
Wing On Textiles (8.)
$14.70 3764 $24 $12.
Public Utilities
$16,50
$1690) ..
| Tramways com
161
Peak Trams (old).......
16
+31
Star Ferriss
.143
Y'mati Ferries
C.B.$
9:16
Do. (dew)
384 $224 $21
311
China Lighta (old)......
$10.90
34
$50
|China Lighta (n«W)............. H.K. Electrica.........
$59
$84
$34
24,0
$14
14
Peak Trams (new).................
$16.20
#
$18,10 Macao Electrics
*9*
Sandakan Lights
$7 Telephones (oid)...
$10
Telephones (new)................
24/6 Trsations .....
Tractions (pre)
Industrials
Cald., Macg. (Ord.) 5.
Cald., Macg, (Praf:) 8.
11.70 Canton Ices
$18 Cenibata
$4.60 Ropes
Consolidated
$60 China Prov, (old).......
$8.60 China Prov, (Dew)............
Miscellaneous
Dairy Farms
$8.6 Ch. Etainmenta 014
Constructions (old).... Constructions (new)....
$3.70 | Lane Crawfords.......... Nanyang Tobacco......
*92,20 Binceres
30.55
$1.4)
681,
61.p
H.K: Gort. 4% Loans
150
H.K. Wing OA..........
#5}
Watsons..... Ch.G.5% 1925G.Bds.
3pin H.K. Gort. 34% Loans | $1024
9'hai Wing On..................
Vibro Piling.......
$195 | Maramáns Inv. (Len.)-- 83/11 Marsmans Inv. (H.K.)
ota Win. Powalls,
LONDON EXCHANGE
:
VD
CD
827 $9.20 24/6
1.2
$1.80
2211
British Interests In China
SHIPPING AND
COTTON
Mr. Charity (C-Pury) asked the Prime Minister in the House of Commons recently what action the Government had taken upon the report of the Commander-in-Chief, China Station, on the question of freedom of transit for British ship- Iping on the Yangtse.
FINANCE
NEW YORK STOCK EXCHANGE
1938
(Through Reuter's Service)
QUOTATIONS
High Low Dow Jones Avarkge 136 87 88.96 30 Industrials.
$237 19.00-20 Raile - 29.90 16.14 90 Utilities 99.70 83.39 40 Bonds
June 29. 135.87 20. 8
21.31 86.90
June 30, 1939. Bigu Low Ulose 13819 123.23 133 88 26.81 26.40 1) 26.09 21.73. 20 86 $1.60 → $7,11 40.34
Chang 1,09 of 18 off
15 of .21
29 of
54.99 41,03 11 Commodity Index '49,51
Mr. Butler said that on his re- turn from a tour of inspection of Alleghany Steel Co. 191 the River Yangtse the Commander- Allis Chalmers...... in-Chief pressed the Japanese | Amer. Can military and naval authorities at Amer. & For. Power Shanghai to allow freedom of Amer. & For. $1 pr. 211 transit for British merchant ship-| Amer. Locomotive... 201 ping through the boom at Kiang- Amer. Metals ....... .343 yin in order that trade with ports Amer. Radiator... above this point might be resumed. Amer. Rolling Mill.. 201
The Japanese replied regretting Amer. Smelting their inability to accede to the re- Amer. Tel, & Tøl, ...' 144! quest on the grounds of military Amer. Tobacco ““ 784 necessity. The Government feel Amer. Waterworks. that while there, might be some Anaconda Copper ... 31 grounds for the refusal, provided Atchison, T. & 8. Fe. 331 no discrimination was permitted, Baltimore & Oniq,... It was not satisfied with the post- Barnsdall Ol...... tion and was considering whether "Bethlehem Steal any further steps could be taken
in the matter.
COTTON MILLS
Mr. Chorlton asked whether he was now in a position to make a detailed statement on the extent to which British Interests had been
seizure by affected by the
the Japanese cotton mills, in which British subjects had an interest. whether by mortgage of the machinery or otherwise, and par- ticularly whether machinery which was the subject of a llen for money advanced had been removed to Japan.
Mr. Butler there had
said that although been frequent reports that the Japanese authorities In-1 tended to confiscate and operate Chinese mills in the areas under their control, he was hot aware that there had been any actual seizure of such mills, and he was consequently not in a position to make a detailed statement.
It was, however, clear that the continued non-operation of many Chinese milia in which British sub- jects were interested was bound to have an adverse effect, on British the Chinese textile interests in market..
As regarded the machinery re- moved from Eung Sing Mill No. 7. this was restored as a result of strong representations by the Bri- tish Government to the Japanese Government.
EL
Business Dono:~3,58 1000 shares.
STOCKS
Lockheed Aircraft
Loew's Inc.
Republic Steel
Schenley....
Sears Roebuck
བྷིཏྟཾཨྰཿཀྐ, དྷཙྩཊྛིཊྛ་ྤུ་རྨཱuགིརྦྷཚོབྷོནིདྡྷནྡྷཡྻནྲྀབྷཱབྷོརྦཱཙྪརུË
SATURDAY, JULY 2, 1938.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG,
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
STOCKS
Last Sale
June 20 30
Last Sale June 29 30
Adams Express
101
1011
19
50
481
Martin, Glen L
13 491 231
991
961
McKesson & Rab-
31
4
bins, $3 pi...
31
21
Monsanto Chemical 941⁄2
89+
201
Montgomery Ward... 421 41
34
Nat Dairy Producta 15'
15
15
147
Nat Distillers ......
22
New York, June 30.
New York Cotton New York Rubber Chicago Wheat Chicago 'Corni Winnipeg Wheat
July
8.82
8.67
Prev. Today's High Low Close Close Change 8.70 .05 of July 15.40 14.93 14.72 14.73N 01 up July 781 731
751 734 July STI 57 July
1002 102
8.75
13 off
571 102
573 102-
unch. 1unch.
201
Nat. Power & Light
Th
494
483
Nat. Supply Corpp. 201
19
1414
New York Central...
18
773
North America Co.
NEW YORK COTTON
19
101
Northern Pacine
217
31
Pacifc Gas & Elec
281
Close
Opening
Closing
Change
33
Pacific Lighting ......
391
July
875/75 8.81/82
8.70/70
.05 01
61
Packard Motors ....
43
October
8.72/72
8.79/81
8.69/89
03 of
18
151
Paramount Pictures 102
104
December
8.80/80
8.89/88
8.75/76
.05 om
60
580
Pennsylvania R.R.... 183
182
Boeing Airplane Co. 261 Brooklyn-Manhattan
$8 cum. pl. Case, J.1.
January
(1939)
8.82/82
8.90/90
8.77/77
05 OM
201
Phillips Petroleum
40
March
8.85/85
8.93/94
8.81/81
.04 of
Public Service of N.J.. 301
31
May
8.88/88
8.07/97
.8.84/64
.04 0
281
Radio Corpn. of Am
*
Spot
.8.85
8.80
,05 of
94
911
18
Chesapeake & Ohio Chrysler Corpn. .....
291
301
1,9
601
59
661
The First Notice Day for July Cotton is June, 28 with delivery date July 5,
Columbia Gas & El. Columbia 6% “A” pl. Commercial "Credit... 381 Consolidated Edison Consolidated Oll ...". Corn. Products ...... Curtiss Wright (C.) Curtiss Wright "A" Douglas Aircraft Du Pont...
73
Shell Union Oll ...
1521
678
68
Socony-Vacuum Oil
142
38
Southern Pacific
151
July
*
267
Southern Rly $5 píd.
16
September
„ 91.
Standard Branda ....
. 81
December
68) 5
66
Standard Off of N
521
41
Swift Internationa, 287
27
March May
NEW YORK RUBBER
14.72/72 15.15/40 14.80/81 15.50/60 14.92/95 15.64/54 15.05/05 15.18/18
14.73 N
14.85/85
.01. up .05 Up 14.90/92 ..02 OF 14.98/15.01 15.07708
.07 off
.11 of
202
201
Technicolor
231
Sales for the day:
8.770 tons.
491
471
Texas Gulf Sulphur 34
34
1001
1193
20th Cent. Fox Films 241
231
CHICAGO WHEAT
Elec. Bond & Share Elec. Bond & Share
ទ
81
do. Union
Films pf....
33
32
Carbide
&t
$6 pt.
551
45
Carbon
k
Elec. Power & Light
Union Pacife
771 82
July September December
751/754
753/75
767/761
763/77
781/781
731/731
1 af 751/75 1 off 771/77
11 off
$7 pt.
42
United Aircraft .......
27+
Tuesday's Sales:
23.077.000 bushels,
Gen. Electric Gen. Motors
417
401
United Airlines Trans
8)
371
301
United Corpn...
3
CHICAGO CORN
Gen. Railway Signal
201
201
United Corpn. "$3
Glidden Co......
23
201
cum. på. do..............
291
294
Goodrich (B.F.) Goodrich $5 pf. Goodyear Tire & Co. Great Northern Rty. Great Western Sugar Hecker Products Int. Nickel Int. Tel & Tel Kennecott Copper... Libbey-Owens- Ford
GLASS................. 398
17
161
Un. Gus Tprovem'ı
101
101
July September December
578/574
572/571 571/57
unch.
581/583
597591
581/58
linch
49
45
U.S. Rubber
36A .38
5717571
571/571
# of
221
22+
U.S. Rubber pí.
781
75
WINNIPEG WHEAT
194
181
US. Steel
567
567
27
28+
Vanadium...
171
July
102/102 103/103
102/102
unch
71
71
Warner Bros. Pict....
63
61
October
841/847
851/851
837/831
1 of
403
49%
Westinghouse Elec. 981
.961
December
818/814
813/214
of
101
101
Woodward Iron Cor. 151
15
381
38+
38
Chase National B 331* National City Bank 271* Call Money
311*
.NEW YORK STRAITS TIN
261*
i ex diy,
1%% 1%
• bld.
September
42.85 Nom. NY SEver, Official ...... 42-3/4 · NYAL'don Cross Rate... 485-1/2
43.16/20
43.35 N
42-3/4 4.95-9/16
NEW HIGHWAY
ז'
Paris
Geneva
Berlin
Athena
Milan
Copenhagen
Stockholm
Shanghai
New York
AmsterdamE
Vienna
Prague.
Helsingfors
· 180
170 cti.
RATES
(British Wireless Service)
June 28
June 29
177-29/32
12.301
21.617 12.301
91-3/16
94-3/16
21.62
33
4.964
8.951
8.95-3/18
1421 2261
Bucharest
472)
Hong Long
Bombay
Montreal
Brussels
175-13/16d 5.004 29.291
29.22+
Yokohama
Sellers
Buenosaires
Monte Video
Rio
ilver (Forward)
Silver (Spot)
War Loan
ON LONDON:-
19
20
18-15/16 19-1/16 31% 1011.
Closing Quotations
June 30, 1939..
Telegraphic Transfer... Bank Bills, on demand
Credity, 4 months sight 1/34.
UN SHANGHAI
On demand
ON SINGAPORE,
On demand
On depand
CHI JAPAN:-
201*
18-15/16 19-1/16
34% 101-18/18
AVIATION TAX TO BE CONTINUED
Germany To Buy Oil From Mexico
Chungking. July 1 Upon the recommendation of the National Defence Council, the! National Government has issued a mandate to the effect that the levying of the aviation tax on public functionaries, which was PAPER IN EXCHANGE due to expire on June 90, be con- tinued for another year in view of
MACHINERY AND
Berlin, July 1
To Commemorate
The Marseillaise
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
#
SINGAPORE RUBBER
June.29.
June 30
buyers sellers buyers sellera change
221
231 227
24- 23 231 241 241 234237 242 25
up 11
17
up 1
up 11
France is to build a highway commemorating one of the great- est events in the history of France, the "Route of the Marseillaise," Prominent French architects and SPOT
JULY-SEPTEMBER sculptors are to share in the work.
The Route of the Marseillaise" OCTOBER-DECEMBER
Under the influence of strong cables from New York the mar- tallon of Marseilles revolutionarles ket opened up over one cent from previous day's close.
market opened actively, business turnover reminding who left their home town on July The
the necessity of funds for air de- \ Germany proposes to buy large to follow the march of the bat-
fence.(Ceritral News).
YOUTH HEADS. N.Y. STOCK EXCHANGE
It has been confirmed here that
quantities of Mexlean oil
A barter contract valued at 8.000.000 reichsmarks is expected 2. 1792. to defend liberty, equality brokers of the boom days of 1938. Business was recorded at the to be signed shortly. It stipulates fraternity, ainging the song which opening at prices ranging from 541 to 251 for October-December de- the exchange of about 2,000,000 was to become the national an-livery, and corresponding rates for other deliveries. barrels of Mexican oil for German them of France, and the most
New York orders were larger than for some time and it is pos- paper and artificial slik manufac-famous revolutionary song of the sible that shorts in futures were seeking cover in Singapore market. New York, July 1. Thirty-one year old William Me-turing machinery Hesney Martin, Jr, Chairman of the Board of Governors of the New York Stock Exchange, has been elected President with a salary of US$48.000 per annum-(Reuter).
REICHSMARK QUOTATIONS Berlin, June 30.
Mexico needs the machinery to establish these industries in her territory. (Reuter).
GOOD NEIGHBOUR POLICY
Washington: July 1,
world.
The afternoon market was quieter, but sellers were reserved and It was a strange coincidence that i Rouget de Iste's song, which was business was recorded at 251.
Closing tone Firm. composed in Strasbourg, began its historical march at the other end of France.
As the men and the song march- The Secretary of State, Mr. Cor-ed through the provinces towards deli Hull, has refuted the argu-Paris the population joined every- ments presented to President Roo-
where in the Marseillaise. sevelt by the delegation on
On July 30 they made their
the
Reichsmark quotations, without subject of Mexico, which asked for support for the Mexican Govern- ment again outside pressure. !!
guarantee, are as follows!...
New York, 40.285
Paris, 1,447.50.
Amsterdam, 72.75 to 72.80 Londoni, 12.302
Paris Sterling, 177.88 to 177.92 Paris US Dollar, 35:91.
(Transocean)
a
The Secretary of State declared that the quastions submitted to President Roosevelt indicated complete lack of knowledge of the United States Government's policy. which was that of playing "göd neighbour with everyone every- where. Reuter)
triumphal entry into Paris, and the Marselllaise became the symbol of France.
LONDON RUBBER
Previous close Today's close buyers sellers buyers sellers change
SPOT
6-7/8 7
7-1/4 7-5/18 up 3/8 OCT.-DEC.
7-1/16 7-3/16 7-3/8 7-1/2 up 5/18.. | JAN.-MARCH
... 7-1/8 7-1/47-7/16 7-0/16
up 5/18 Market very firm and active on covering and speculative buy- ing, following better oversea advices,
NEW YORK COTTON
The "Route of the Marseillaise" will be decorated by a series of sculptures indicating the „progress | The market was fairly active early in the day and advanced on of the march of the men and the Liverpool and Bombay cables, the phenomenal activity on Wall song of Marsefiles.
Street and Trade, as well as, foreign buying, Later, however, prices reacted on heavy realising by New Orleans and hedging by spot. "The Vice-Chairman of the Na-houses, believed to be against low grades, The generally fair wea tional Reller Commission, Mr. Chather conditions also checked buying towards the close. In the when selling The Chinese Government has The Chairman of the Kwangtung Yuan-kwang, accompanied by the final hours, the market showed a tendency to rally ON NEW YORK:-
revised the measures for the con- Provincial Government and con- Chairman of the Honan Provincial tapered off and prices closed steady. "Bank Bills, on demand 3011/16trol of China's foreign exchange currently Deputy Director of the Relief Committee, Mr. Chang Chih- Credita, 60 days" sight 31-3/16
operations with a view to securing Army Central Headquarters for ching, and over ten members of better results, says a dispatch to Kwangtung, General Wa Te-chen, the Commission, arrived in Loyang the "Morning Leader." In pur inspected a model military corps of from Hankow on June 29, says a suance of the revision, it is re-over 1,000 men in Canton recently, message to the Hwa Mel Chen ported, Chinese and foreign banks says a message to the "Standard." Pao."
Bank Bills, on demand 1,096 Credits, 4 months' night 1,180
On demand 109
ON BATAVIA
On demand
OS PABIO.co
150 nom
ON SAIGON:-
ON MANILA:-
On demand.
ON BANGKOK
1001
On demand ............ Sovereign Notes !*
Bank Buying Bate
611
1498
1/3-1/16 -18-1/16
Telegraphic Transfer... Lazk
Bank on demand-
I,
in China applying for foreign ex- General Wu, it is reported, gave a
The Ministry of Education has change credits at the Central Bank stirring address before the officers on behalf of legitimate traders will and men of the corps. According appointed the Director of the Institute of the be required to sell out such credits to another report, General Wu has Astronomical completely and at the official rate. appointed seven experts to serve as Academia Binica, Mr. Yu Ching- Apy attempt of the banks to members of the newly formed War sung, to be China's delegate to the withhold the credits or to dispose Time Local Administration Plan- 6th International of them at raised or depressed ning Committee. These appointees rates will result in their loss of ap-have assumed their duties on the plication rights, savs the dispatch. committee:
NEW YORK RUBBER
Prices advanced at the outset on the strength of cables, from
covering by shorts and also some Trade and Commission House de- abroad and higher cost of freight offerings. There was some broad mand. Later, prices reacted in sympathy with securities. The de- cline was further aided by enstress on the London market, heavy profit-taking and selling by European dealers.
CHICAGO WHEAT.
After ruling firm in sympathy with Wall Street and Liverpool. Astronomical the wheat market declined on reports of welcome rains in Western Conference to be held in Stockholm Canada. Hedging against new crop movement, the reaction in the on August 3. states a dispatch to securities market and continued favourable weather were adverse the "China Daily News."
factors towards the close.
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