$1,480
H.K. Banks...
$1,480
SHA
Do. (London) J........
£60
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Buyer
ori
Exchange
Sharebrokers' Association
No WEDNESDAY,
JULY 6,
Buyer Sellers Salce Mathinal
Banks
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The Market was again very quiet during the short seisión.
BUYERS
FINANCE
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
QUOTATIONS
1038
High Lów Dow Jones Average 138.63 98.95 30 Indasurial
July 6, 1938. July & High Low
138.53.
38.77–19.00-20 Raile
27,57
13.27 16.14 20 Utilita
82.70 83.39 40. Bonds
13.17. $7,90
Closa Ching 138.50 133.19 138.52. Zut off 127,79 98.83 27.11 .34 off -1120, 21.58 21.83 44 où .03 aff
$4.99 45.03 11 Commodity Index unquoted
87.98 49:70
2113
Chartered Banks ....
Union Waterboats. 39.
£38
Marcantile Bks. "A"
698
Business Dong:-1,700,000 shares.
190
--
13 Marcantile Bk. "C" Bank of East Àsím .....
N. C. & 8. Banks.....
£14
#86
Insurances
$243
$135
Canton InsuranÇDİY
3895Linion Insurances.......)
$500
HK. Docks (Old), $194. H.K. Decks (New), $19. Providents (Qld), $3.35. Venz, Goldfeld. $3. H. S. Hotels, $8.35. H.K. Lands, $102),
STOCKS
Last Sale
STOCKS
Last Sale
July 2 5
July 25
Adams Express ******* Alleghany Steel Co.
112
111
Loew's Inc.
52+ . 51
191
191
Martin, Glen L.
211
234
$2
Underwriters cove
Humphreys, $91.
Allis Chalmers
494 48
McKesson & Rob-
New York, July 3
122 HX. Fires
$220
H.K. Realties, $5).
Amer. Can
100年
994
bins, $3 pt.
314
314
THURSDAY, JULY 7, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
High
Shipping
185
Douglaser
$TB
H.K: Tramways, $17.10.
Amer, & For. Power" 51
5
Monsanto Chemical 94
94
New York Cotton
October .9.02
Prev. Today's Low Close Close Change 3.85 0.01 8.92
.09 of
$90
Peak Trams (Old), $8}.
Amer. & Fux. ST pi: 241
24-
Montgomery Ward 44)
431
New York Rubber
Sept.
15.55
14.85 16.35
14.87
,48 off
Steamboats
100
Indo-China (Prof.)....
351
H.K. Electrics, $59.
Amer. Locomotive... 211
201
Nat Dairy Products 15)
153
121
15/6
Kailans
1432
131
$191
$10
:
$128
Ludo-Chinas (Dr.)...
$1/10|| Shells
Waterboats
Mining
Kauba..AN
Venezuels Gold Fida.
ots Hong Kong Mines......
Docks, WharvOS, Godowns, ett. H.E. & E. Wharees..... Providents (old)......... Providenta (new)....... H.K. & W. Docks...
Do. (LOW).........
8117 Shanghai Dooks S. 13.00 New Engineerings.5.
Lands, Hotels, und
Buildings
#24
Cements. $16.
91/10
Watsons. 18.85,. ̈
Consol. Ch. Prov. (Old), $6.70,
Amer. Metais ................... Amer. Radiator Amer. Rolling MD...
Chicago Wheat`......
Sept.
731
71
741
714
371
351
Nat Distillers .........
21 of
23)
23
Chicago Com
Sept.
591
587 581
58+
ton
15
15
Nat Power & Light
aj...
73
211
20%
Nat. Supply Corpn. 201
193
Winnipeg Wheat
October
801
.
781
80
781
12 ok
15/-
SELLERS
! !
#91
Watsons, $87.
$3
SALES
H.K. Bank, $1460,
HK. & K. Wharves. $125.
#1241
Providents (New), $3
$3.45 $3.30
H. & S. Hotels. $8.40.
Star Ferries, $77-75.
$191
..$19 01173 14
Cements. $16.20.
Consol. CH. Prov. (New), $8).
Amer. Smelting..... 50 30 Amer. Tel. & Tel. 143} 142 Ainer. Tobacco "B" 794 Amer. Waterworks... 12 Anaconda Copper ... 341 Atchison. T. & S. Fe. 351 Baltimore & Ohio... Barnsdall Ou Bethlehem Steel..... Boeing Airplane Co. 271 Brooklyn-Manhattan
114 347 351
New York Central. 171 17 North America Co. 23 Northern Pacifc Pacific Gas & Elec. 29- Pacific Lighting.... 401
327
111
107
NEW YORK COTTON
*
29
Close
Opening Closing.
Change
40:1
Packard Motors .... · 51
53
July
9.02/02
9.00/8.99
.8.93/93
-.09 off
B 173.
-94
Paramount Pictures 111⁄2
11
October....
9.01/02
9.00/00
8.92/92
08- 0
December
17
Pennsylvania R.R.
191
20
9.00/10
9.08/09
8.99/9.00
10 O
621
601
Philips Petroleum ...
43
417
January (1939)
9.11 - N
9.10/08
9.02/02
.09 0*
27
Public Service of NJ,
33
321
March
9.16/17
9.14/14
.9.08/08
.08 of
•
Püre, Ol.....
121
124
May
9.19/20
9.16/16
9.10/10
.09 00
Spot
9.12
2.03
.09 off
Antamoks Ps.. .37.
(Prices below in Phil, Currency)
Atoks. 28)
$6 cum. på...
30
29
Radio Corpn. of Am.
7#
Case. JI
983
951
Republic Steel ........
20
193
The First Notice Day for July Cotton is June, 28 with delivery
Chesapeake & Ohio 321
304
Schenley
201
19
date July 5.
$6,30
16.40
11.K. Hotels
.......... 134 H.. Lands ..........
Do. 4, Debentures Shanghai Lands 8,
$6.39
$6.40
Bagulo, Gold: 21
Chrysler Corpn....... 67.
657
Sears Roebuck.
681
873
$34)
Benguet Consol., 9.90
Columbia Gas & FL
B1
81
Shell Unton Oil
162 10
$102
Coco Grove. 464
Columbia 8% "A" pf.
671
68
Socony-Vacuum. Ol
.151
141
July
NEW YORK RUBBER 15.22/22 16.55/40
14.80 N
42 · őt
Consol. Mines, .004
$51
H.K. Réalties ............................
Humphreyasemate
$9.35
San Mauricio. 44
Suyoc Consol, 18
11:0
Chinese Estates ....................
Cotton Mill
United Paracales. .29)
Commercial Credit. 41. Consolidated Edison 28; Consolidated 0194 Corn. Products
41
Southern Pacific
171
17
September
15.35/35
15.60/48
14.87/88
.48 off
283
Southern Rly $5 pfd.
18
18
December
15.45/50
15.50b/60a
14.98/96
49 ON
10
Standard Brands
8+
83
March
15.52/54
15.12/14
.40
68T
671
Standard Of of NJ. 55 «
342
May
15.59/60
15.19 N
.40 off
$16
$15"
Ewos (S.)......
$704
$76
Shai Cottons (8.)
#24
$27
Zoong Sings (8.).......
$12
*$42.
Wing On Textiles (8.)
Public Utilities
$17.15
$17.10
Tramways
*
{Pesk Trams (old).................
101
THE EXCHANGE MARKET
Curtiss Wright (C) 5 Curtis Wright “A” 201 Douglas Aircrait 501 Du Pont
47.
Swift International 27 *
274
Sales for the day:
14
5,430 tons.
20
Technicolor
221
221
482
Texas Gulf Sulphur 331
331
CHICAGO WHEAT
-121)
119)
20th Cent. Fox. Films 24
237
July
73/73
701/701
21 off
Elec. Bond & Share
91
SI
Elec. Bond & Share
do. Union
Films pf.... 33 *
33.
September
741/742
Carbide &
December
73/721 781/761 7751/751
713/711
21 of
1/731
21 of
Peak Trama (new)................
pat
$6 pt.
STL 55
Carton
211
791
Monday's Sales:
19,785.000 bushels.
$77/75
Star Ferries
$76/77
Elec. Power & Light
Union Pacific
821
801
ነጋ
Y'mati Ferries C.R$
$214
Do.
(new)
ફેંક
:ཧྰུཾ་
+9Sandakan Lights
$1.10 China Lighta (old)......
China Lights (now)....!) HK. Electrics......
18.10 Macao Electrics ..............
$26.60 Tolophon98 (old)
19.8Taleplumes (new)......
Tractions'------
$121
$11 [
$61
R
224
Consolidated
Chine Prov. (old).................... China Prov. (Dew)......
Miscellaneous
Dury Farms.......... $6.00 Ch. E'tainmenta #1)
Constructions (old)............
| Constructions_(now).... 38.70 Lane Crawforda........
Nanyang Tobacco-.-..
12:20 Sinceres
Watsons
Ch.G.5% 1925G Bds.
1pm. H.K. Govt. 4% Lowns
24
23,6
Tractions (praf......
Industriais
$14
Cald., Macg (Ord.) 5.
$14
Cald., Macg. (Prof.) 8.
$1.70 Canton Ice
$1.60
$18
$18.20
Cements
$16.10
$16,20
7/18.
$4.60 Rap
++
Idle,
$6.70
***
3001
XD
XD
$26.60 $9.10 246
MESSRS. ROZA, BROS.
Silver prices rose 1/8 yesterday for both deliveries, the quotations being 19 1/4 for Ready and 19 1/8 for Forward. Silver advices re- ported some bear covering. India bought. The market was steady American Silver was quoted at 42 3/4 for Spot..
The London-New York cross rate was quoted at 404.75. New York-London was quoted at 404.
Gen. Motosa....... 39 Gen. Rafway Signal 201 Glidden Co.
237 23+ Goodrich (BF)...... 184 18 Goodrich $5 p.. 46 43 Goodyear Tire & Co. 241 Great Northern Ray. 20 Great Western Sugar 271- Hecker Products Int. Nickel
$7 pt. Gen. Electric
447
421
United Aircraft.
28
272
CHICAGO CORN
421
421
United Airlines Trans
81
81
July
578/574
577/57+
unch.
.384
United Corpn.
31
31
September
583/582
381/581
581/582
off
201
United Corpn. 33
December
58/58
*573/574
581/581
up
cum, pf.
32)
31
Un
Gas T'provem❜t 11
111
WINNIPEG WHEAT
US. Rabber
394
381
July ...
991/991
973/973
234
US. Rubber pl
79
78
October...
804/801 80/801
781/782.
12 of
20
U.S. Steel
603
591
December
773/771 771/771
761/781
直誓
27
Vanadium............ 184
19A
NEW YORK STRAITS TIN
72
77
504
50+
Warner Bros. Pict.... 04 Westinghouse
BL
Elec. 1001
961
September...
Int. Tel. & Teh ......
107
101
Woodward Iron Cor. 162
16
NY Silver, Omcial ...
43.35 Nom.. 44.271 traded 42-3/4
33.60 Nom.
342-3/4
MARKET
Kennecott Copper... 414 Libbey-Owens- Ford
Glass
40 Lockheed Aircraft... 13)
418
Chase National HK 331′′
321**
NY/L'don Cross Rate... 4.95-11/16
4.94-7/18
National City Bank 28 *
274*
381
Schenley 5% pl.
74
•
121
Call Money
1%
1%
i ex. div.
• bid.
2
$5.70
69%
$106
H.K. Govt 31% Lonan | $108).
HK: Wing Oa
386
'bai Wing On ....
$52
Vibra Piling.......
$5
170 cta
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
July 4 buyers sellers
July 5. buyera sellers change
-up
::
$831
$6.55 $1.49
15
$2}
$19/9 Marumans Inv. (Lon.)
$9/11 Marsmns Inv. (H.K.)
70 cta Wm. Powells
LONDON EXCHANGE RATES
(British Wireless Service)
Paris
Cheneva
Berlin
Athens
Mlian
Copenhagen
Vienna
Prague
Helsingfors
July 2.
177-57/64
21.60
4.54-13416-
July S
12.304.
177-55/61 21.62 12.304
94-3:10
94-1/16
Stockholm
Shanghal
B2
3}d.
New York
4.951
Amsterdam
3.951
8.96
1422
1421
226+
Bucharest
0721
Hong Kong
Bombay,
1/5-13/16d
Montreal
5.000
Brussels
29.23
Is 5-29/32d 4.981 .. 29.21
"Tokohama
Sellers
Buenos Aires
19
18.96..
Monte Video
20吋
Rio
Elver (Forward)
181
191
Suiver (Spot)
19
193
34% 101-13/10
31% 1027:
War Loan
ON LONDON:-
Closing Quotations
July 6, 1933.
Telegraphic Transfor... 1/17 Bank Bills, on demand Credits, 4 months' sight
ON SHANGHAI :****
On demand
ON SINGAPOR
On demand
ĶA JAPAN —
1/3)
ON NEW YORK:-
Bank Bills, on demand 201 Credits, B0 days' sight 111- ON BATAVIA
En demand ... py ON PARIS
Bank Billa, on demand 1,095 Credits, 4 months sight : 1,180
100 ON SAIGON :---*
15. Op demand
STERLING
There were sellers at 1/2 31/32 July 1st week September and 1/2 15/16 September-November, buy- ers at 1/3 Cash-August and 1/2 31/32 September-October.
U.S. DOLLARS
Some business was reported at
0 30 7/8 July. There were sellers at
109
ON MANILA
On demand
On demand
O'N BAXOXOF
100
INDIA-
·Taiographic Transfer..
On demand Sovereign. Notes:
Bank Buying"
#11
|149|
*1/3-1/16
Tank, sa' damand
(82)
101
30 13/16 July-September and 30
3/4 October-November, buyers át
30 15/16 Cash-July and 30 7/8 August-September.
SHANGHAI DOLLARS
186 1/4 Nominal.
SHANGHAI MARKET
$15/16d. Nominal.
PHILIPPINE
British
Investments
China
In
Londen, July 0.
Replying in the House of Cem. mans yesterday to the Rev, R. W Sorenson, (Labour) regarding British capital investments
#1
China, Mr. Oliver Stanley, Fre
BRITISH FLAG
ON SHIPS
Special Steps To Tighten Up Regulations
SPOT
OCTOBER-DECEMBER
JANUARY-MARCH
247-251
· 26 · 281 -281 261
25+ 251 264 207 27274 up |
The market opened with prices unchanged for all deliveries as compared with Monday's closing rates.
London, July 6... Qulet but steady conditions prevailed, on the market throughout Questions regarding the registra- the session due to the reassuring.action of the London Rubber. tion of British shipping were raised Exchange. However, in view of the fact that the New York Rub- sident of the Board of Trade, said In the House of Commons yester-ber Exchange was closed on Monday, dealers and speculators prefer- that Sir Robert Kindersey, waiting day by Sir Frank Sanderson (Con-red to await further developments before entering into new engage- in the December issue of theservative), who asked whether. In ments. Consequently only a moderate volume of business...was Economic Journal, had estimated view of the considerable uneast-transacted at quoted rates..
MINING NEWS that nominal value of securities ness felt in some quarters that the
quoted ок the London market MALINAO COLD Mines, Inc. ap-totalled £41,000,000 at the end of proved a proposition during the 1936. board of directors' meeting held.
This, however, did not include recently, to invest P50,000 in put the considerable amount of un- ting up a milling and concentrat quoted" and private investments ing plant (pilot mil) of a capacity also held by the United Kingdom. of 20 tons a day, and for the fur- which, Sir Robert estimated, would ther development and determina bring the total of the nominal tion of ore bodies in the property amount of capital invested by of the Gold Stream Mining Com residents and institutions domiciled pany, Inc.
It was agreed by the board of directors that for this investment, Malinao, Gold Mines shall receive 40 per cent. of the net profit that may be derived from the operation of the mines throughout the life of the operation or life of the mlite. It was further agreed that the Malinao Gold Mines has the right
British ensign was being exploited by foreign opportunists, the Pre- sident of the Board of Trade would tighten up the regulations, regard- ing the use of the flag.
Mr. Oliver Stanley, President of
the Board of Trade, replied that special steps had been taken sincs last August to examine particular- ly applications for British registry to secure compliance with the law.
in the United Kingdom to approxi- |-(Reuter). mately £130,000,000.(Reuter).
GERMAN LINE'S NEW SHIPS
Hamburg, July 6. Twenty-one ships totalling 122,
COMMUNICATIONS REFORM
London, July.5.
Closing tone was quietly steady.
Malayan Statistical figures were published, as follow:
***
Total Malayan Exports Total Imports of Rubber from
outside British Malaya
June 19381
42,268
14,394
May 1998
38 245 tons
10,325 tons.
The International Rubber Regulation Committee issued the fol-
Statistics in their monthly Statistical Bulletin:
lowing
1,
f
Total World Stocks
of Crude. Rubber
Total Stocks afloat,
at end of morith
SPOT.
OCT-DEC.
The House of Commons gave Jan-March third reading to the Imperial Telegrapha
(Reuter),
Mar. 1938 Apr. 1938. May 1938"...
422.840
425,887
428,349 tons
94,000 tons
-109,000 114,000 LONDON RUBBER >* Frevious close buyers sellers
7-172 3-5/8
7-11/16 -3/4
Today's close buyers sellers 7-8/16 7-3/8 7-7/16 7-1/2-
7-3/4 7-7/8 7-1/2
NEW YORK COTTON
7-5/8
change of 1/15, off 1/4. off.1/4.
The market was early inactive and prices were reactionary, de-
pite the steadiness of the cotton markets abroad. Towards the close of the season, the market rallied partially on covering and finally closed steady,"
to withdraw from the contract at 700 registered tons have been or-
Bill.. implementing After fluctuating, the market eased sharply on disappointing any time it may decide when it is dered by the Hamburg-America changes in the arrangements be. New York cables.- ^ui known that the operation of the Line, it was annouriced yesterday. tween the Government and Cable mine does not prove economically One of these new ships will be, and, Wireless, Ltd., in spite of a profitable, and therefore, may have a 36,000-ton Uner for the Northmove to reject the measure made | the right to remove all the Atlantic service while another, the by Mr. Lees-Smith, former Laclining in sympathy with the stock and commodity markets, dès- machine installed, 1
Patrla, which will soon be complet-bourite Postmaster - General; According to a memorandum ofed will be placed on the South- the Malinao Gold Mines sent to the American service.-(Transocean? board of directors of the Gold | F Stream, the net profit- the, operation" shall be puted after deducting all operating expenses plus deprecia- tion of 10 per cent, of the machines installed by the Malinao Gold | Manek, “
com-
TREASURY
Y RETURNS London, July 6, Treasury returns show that total ordinary revenue to date totals CONBOLIDATED MINES, Inc. £131,586,636, against £138,813,323 has confirmed reports that B. W. at the corresponding period last Guys!, treasurer, had resigned. His year Total ordinary expenditure: place has been taken by R. Pamounts to 2234,948,581, against Flood, who will act as president £209.027,998 on June 30 last year. ---- ́and treasurer. "
(Reuter)
BEICHSMARE QUOTATIONS
Berlin, July 16. The Reichsmark was quoted without guarantee at: New York, unquoted Parts. 1446.
Amsterdam, 72.75 to 72,80. London, 12.305. --
Paris Sterling, 177.88 to 177.89 Paris U. Dollar, 35.88 to
35.89-(Transocean).
NEW YORK RUBBER,
Higher cables from abroad caused a strong opening, but the market later turned irregular in 'sympathy with the irregularity of stocks and the other commodity markets, with prices declining on dealer and commission-house realising together with some stop-loss selling orders,
CHICAGO WHEAT
Early hedging and liquidation caused prices to decline, while easter cables from Liverpool and favourable crop reports were fur- ther bearish, factors Beneficial moisture in the Spring wheat areas and record receipts from the Bouth-West caused a further decline. later in the day.
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