1938
23.55 15.14 $0 Utilition 9.70 83.39 40 Bonds
$1,510 cum.d. 81.div. £39
2111
£28
Mercantile Bka. "A"
£28
£13
Mercantile Bka "C**
£13
Bank of East Asia ...
186
N. C. & 8. Banks ......
Lastranoss
1240
Brab
Canton InsurBDCIS
Ugian InamesOLES ......
4971
Amer. For. Power
32
Underwrite
vyanzosema
9215
18 1910
5/B
Amer. & For. #7 pf.
H.. Pires
Amer. Locomotive ...
Shipping
$70
Quietly steady.
Amer. Metals
$8
Douglass ......
STERLING
! ! ! ដ
$20
Amer, Radiator.........
821
Beamboats mom...
180
Indo-China (Pret.)....
$51
394
Indo-Chinas (Def.)............
$24
There were sellers at 1/3 July September and 1/2 31/32 October-
Amer. Rolling Mi
PAGE 12HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers' Association
Bayers
altera Sales
Nemaal
WEDNESDAY. JULY 27,
·Buyarı
Skeleta
Salón Nominal
Banks
ex.div.
218
$496
$1,615 cam.d. B.K. Backs
Do. (London)
Chartered Banks ....
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Renter's Service) QUOTATIONS
04:99 43.03 11. Commodity index 49.9%
Silver prices dropped 3/18 yes- deliveries, the terday or both quotations being 19 5/8 for Ready and 19 1/2 for Forward. Silver advices reported some speculative sales. India bought, The market Later India again was steady. bought but sellers were not keen. American Silver was quoted at 42 Adams Express 3/4 for Spot.
Alleghany Steel Co.
j)
STOCKS
The London New York cross-Allis Chalmers rate was quoted at 492.43. New Amer. Can ...... York-London was quoted at 492.
MARKET
Jaly 97, 1938. High Low Close Chang
14418 142.84, 143.83′′ 1,58 of 47 of 19.98 29.45 29.07
THURSDAY, JULY 28, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
-Market
(THROUGH REUTER'S SERVICE)
こ
"Prev. Today's
High Low Close Close Change October. 8.81 8.64 8.77 4.60 .08 OF
High Low Dow Jones Averages 144.91 98.05 $0 Industrials
$9.77 19.00 20 Rails
July 25.
14491"
30.11
31.08
·90,13
9201 21,85 91.72
.86 ou
9001 : 49.00
.$5 off
.81 ou
Business Dono:—1,237,0)) shares."
Last Sale
STOCKS.
Last Sale
July 25 26
July 25 26
121 12
Great Western Sugar, 29
23+
201
191
Greyhound Corpn. 16)
10
521
534
decker. Products
81
81
100
99
Int. Nickal
517
50%
43
44
Int. Tel; & ́Tel .........
10
231
221
Kennecott Copper... 431
421
24
23
Libbey-Owens- Ford
New York, July 20.
H
361
354
Ginas
48#
461
184
161
Lockheed Aircraft:
141
141
New York Catton
zii
Loew's Inc. 492
481*
New York Rubber
Sept.
Amer. Smelting
517
51]
Martin, Glen L
27
281
Chicago Wheat
Sept:
15,95 631
15.63 16.08
68. 371
15.93b 15 off
671
off
$21
330
$100
3.
$42
$1748 $17.65] #17.36)
$81
$241
4+
$24 15
$24.3
$803
$61
བྷབྷ་རྩེརྔོམ ཎྜ ཋ
$9.80
8 cts.
$3.65 $3.424
$6.65 128)
$100
3.55/60 33.10
99/6 Shells mancı
Waterboats
10/6 Kailana
1132
Mining
Banbe .....ANAYA Venezuela Gold Fids. Hong Kong Mines...... Docks, WharYES, Godowns, ete. H.K."& K. Wherres...
Providents (ald).......................
Providants (now)....... H.K. & W. Docks....
(#)) Do
$115 Shanghai Donka B........... 13.90New Engineerings 5.
Lands, Hotels, and
Building
H.K. Hotels
H.K. Lands.........8. Da, 1% Debentures
$8.40 Bhanghai Lands 8.
15.85 H.K. Berities in
19.35 Humphragɛ severa
Chinase Ratates ma Cotton Mills
0161 Ewos (8.)....!
$27
S'bai Cottons (8.) .............
Zoong Sings (8.) ....... Wing On Textiles (8.) Public Utilities
Tramways agente
99/0
+3
January, buyers at 1/3 1/32 Cash-
and September December
Amer, Sugar Ring...
284"
281
McKesson ✡
Rob-
Chicago Com
Sept.
57
1/3 November-
Amer. Tel. & Tel
1413
1431
bins, $3 pt.
35
35
Winnipeg Wheat
October
762
581 い 75
582 571 1 up
76 75% 1 off
.
15/-
Amer. Tobacco "B"
863
88
Monsanto Chemical 901.
894
$9.50
$3
::
A
101
$1293
€3.66
$3.45
U.S. DOLLARS Sellers at 30 13/16 July and 30 3/4 August-September. buyers at 30 7/8 Cash-July and 30 13/16 September, possibly August.
SHANGHAI DOLLARS 187 1/8 sellers.
Amer. Waterworks ... Anaconda Copper ... Atchison, T. & 8. F. 2 Auburn Motors
12}
117
luntgomery Ward... 49
472
37
381
Nat. Dairy Products 18
181
381
Nat. Distillers
251
25
41
41
Strand
Nat, Power & Light = 1}=-71
1-
821
30
#115
SHANGHAI MARKET Sterling, sellers" 8.16/16.
USS
$3.95
sellers 18 15/18
$4.70
*
$361
$106
$5.85
$9.30
$16.20
$87+
SZI
H. K. STOCK -
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
$6 cum. pf. Case. 31
Baltimore & Onli Barber & Co. Barnsdall Ou Bethlehem Steel ..... Boeing Airplane Co. 301 321 Borg-Warner.*******
33 sriggs Mfacturing .. Brooklyn-Manhattan
Trans. ... Brooklyn-Manhattan
10
91
yas
Nat. Supply Corpn. 211
211
NEW YORK COTTON Close
October... December
8.71/77
Opening 8.81/80
Closing
Change
.69/69
.08. 04
9.84/94
8.88/88"
8.75/76
.00 of
22}
214
New York Central.
201
201
January
(1939) ...
1.86 N
18,29/89
8.78/18
,08 off
61
33
Canadian Pacine J.. 104
Chesapeake & Ohio 34
Chrysler Corpo. Columbia Gas & El.
Columbia 6% "A" DI: 683
Commercial Credit.. 491
#42
P
$17.66
The market continued steady with further enquiries for most of the Public Utility counters.
Commonwealth & 8.
Commonwealth & 8.
6% cum pf.
43
$80
Peak Trams (bild)....... Poak Trama (new)................. Bier Ferries.....
Consolidated Edison 297
131
$791
8791
$18
Do.
(new)
Chias Lights (old)....
China Lights (asw).....
H.K. Electrics
Macao Elpatrica
Sandakan Laghts
8981 Telephone (old)............
$9,80 Telephones (new).
Y'mati Ferries C.R.S
$14.301
$25.30
BUYERS
HK, Bank (Lon.), £90. ex div
Chartered Bank, $12.
Union Insurance, $495.
Consolidated Q
Continental Сад
Continental Ol
$11.30
Corn. Products
Union Waterboats, $9.
11
Curtiss Wright (C)
Providents (Old), $3.55.
Caftiss Wright ("A"
Providents (New), $3,421.
Distillers Corpni. Sea-
Raubs, $9.80.
il.
grams
Venz. Goldfields. $3.
$9.80
24/6
AK. Mines, 6 cts.
Douglas Aircraft Du Pont
130
26/3 Trošlou
H. and S. Hotels, $6.55.
26/3 Tractions (prof.) .................
Industriais
Eagle Picher Land 113
ЯK. Lands, $36.
Elec. Band & Share 91
$14
Cald, Macg: (Ord8..
HK Lands 4% Deb.. $106.
Elec. Bond & Share
$14 Chid. Macg. (Praf.) 8.
K.K. Tramways. $17.45.
$5 pr.................... 531*
$1.70 Canton 100
$1.80
$18.65
$18,60
$7 10
$7.10
Cements
4.60 Ropes outbr
Consolidated
China Prov. (old).................
#7.10
$6,90
$300
*
China Prox. (new)...............
Peak Trams (Old), $52. Y. Ferries (Old), $24). Y. Ferries (New), $24.15 China Lights (Old), $11. China Lights (New), $8
Elec. Band & Share
$6 pf........
Elec. Power & Light
$7. gr.
Miscellaneous
B.K. Electrics, $601.
Gen. Amerfes Trans 501
$261 Dairy Farma
....
Cements. $18.80
Gen. Electric '..................
$61 Ch. E'tsinments ..................... $64.
Watsons, $720.
Gen. Motors, 432
::
Constructions (old)...........
311
Constructions, $12.
Gen Railway "Bignal 24
Constructions (new)....
$8.70 Lane Crawfords.........
HK. Govt. 31% Loan 1 pm. Marsmans (HK5, 3/9...
Gudden Co........... 251
Goodrich (8.F.)
Goodrich $5.pl ......
Goodyear Tire & Co. 281 ..
H.K. Gort 31% Losar
87+% $105 $101
H.K. Wing Ouagavarai
350
Great Northern Tron.
Ore
Great Northern Rly. 241
¤ ¤ € £ ⠀ ⠀ × 7q # * **** ******* ***** * * **879××⠀ #3
201
201
N. America Aviation 104
101
March
t.
8.90/91
8.94b/95a
8.83/83
.01 01
.600
H
North America Co. 231
227
May
2.95/95
8.87/97
8.87/87
.08 of
301
Northern Pactic... 14
131
July
し
8.00/00
8.97b/9.01a 8,30 N
.10 off
371
Pacific Gas Elec
28
Spot 214
8.87
.08 off
334
Pacific Lighting ..............
I
41
Packard Motora ......
51
54
NEW YORK RUBBED
117
111
Paramount Pictures 11
Pennsylvania BR. ---
221
22
September
16.08/08
15.92/90
15.83b/96a
.15 of
December
18.15/20
15.91/98
34
Phillips Petroleum.
431
421
7
Public Service of N,J. 31
March
*.18.26/30
16.00/15.87
311
1021
Pare Oil..... 139
123
May
16.32/32
18.03/04 16.13/13.. 16.18b/201
.12 O
.13 of .14
331
Radio Corpn. of Am.
71
Sales for the day:-
4,530 tons.
741
72
!
Republic Steel
204
20
11
Reynold Tabac. "B"
431
CHICAGO WHEAT
*
68
Schenley
317
21
September
63/671
871/671
484
Schenley, 545, pla.....
76
•
751
December
70/701
697/891
672/671 692/69%
† off
11
11
Sears Roebuck"
751
731
May... .....) ... ... ... 721/721
72/721
Shell Union Off
18
171
Monday's Sales:-
21,614,000 bushels.
41
Socong-Vacuum Oil
15
157
29t
"Southern Pactic
201
201
¡CHICAGO CORN
101
101
Southern Rly 35 pid.
201
194
472
401
Standard Brands
8+
82
September
354 351
Stand Gas & Elec.
41
41
December
681
691
Standard Dil af "N.J.
58
571
May
561/581 581/561 *551/051
581/581-
57/57
55/551
551/554 58/58
1 up unch.
of
54
Stone & Webster
11+
11. WINNIPEG WHEAT
1:
241
291
Swift International 291 Technicolor
29
22
224
July
907/097
947/947
5 off
167:
187
Texas Gulf Sulphur 354
351
October
761/70
761/761
751/751
1 of
531
531
20th Cent. Fox. lms 241
241
December.....
...
75/751
747/744
741/741
7 of
129
da.
Klima pi.
341
33 →
NEW YORK STRAITS TIN
11
Union Carbidę
&
91
Carbon
81
881
September
43.83 N.
43.05b/958
42.85 N.
Union Pacific"
861
83
NY Silver, Official ......
42-3/4
42-3/4
54
United Aircraft
294.
293
NY-L'don-Cross Rate... 492-1/4
4.93-5/8
United Airlines Trans 11
101
59
591
United Corpn.......
31 37
43
417 231 50
United Corpa. $3 cuit. pt..... **
334 33
United Gas Corpn.
Un. Gas Tprovem't
4442 107 107
431
421
U.S. Rubbor
481
453
431
US. Rubber pt.
841 831
231
U.S. Steel
621
61
241
Vanadium
211
201
23
221
Warner Bros. Pict....
7
*
July 25
59)
59
271
141
141 231
Westinghouse Mec. 1051 Woodward Iron Cor. 21- Chase National Bk. 33)* National City Bank 271*
1033. 201
SPOT
33 *
OCTOBER-DECEMBER
27 *
JANUARY-MARCH
Call Money
1%
1%
+ ex div.
• bid.
$6.80
=
$7.20
1.pm
Naayang Tobeco.....
$3.20 Biacores
871% Ch.0.5% 1995G.Ed
H.K. Gort, 4% Lowas
9'hel Wing On
86.16 Vibro Piling ..............
12
Marsmans Inv. (Lon.)
Maramans Inv. (HK)
79 eta, Win. Powalls
"Bales to Shanghai
179 ch.
LONDON EXCHANGE RATES
(British Wireless Service)
„July 21
Paris
178-13/64
July 22, 178-11/64
Geneva
21.481
21.491
Berlin
12.243
12.25
Athens
Milan
93-7/16
931
Copenhagen
Stockholm
Shanghai
8-13/184 4.911
8.95-1/16
4,921. 8.931
1413 2261 670
1/2 31/32
1/5 29/32 4.93-7/16 29.084
4.93-9/16. 29.111
New York Amsterdam Vienna
Prague
Helsingfors Bucharest
Hong Kong
Bombay
Montreal
Brussels Yokohama.
Sellers
Buenos Aired
Monte Video
Blo
Silver (Forward)
Silver (Spot) War Loan
ON LONDON:-
13.94.
201
2-21/32
101
10+
34% 103.,
Closing Quotations
July 27, 1939.
A
Telegraphic Transfer... }1/27 Bank Bills, on demand! Credits, 4 months' aight 1/3)
US SHANGHAI :--|
On demand
DE SINGAPORE:-
On demand
ON NEW YORK:-
Bank Billa, on demand (20), Credits, 50 days' aight 11 ON BATAVIA
BUZ
On doriand...
ON PARIS-
Bank Bills, on demand 1,093 Crediti, 4 months' sight
1,18h
-150 nom.
ON SALOON:-
On demand
109
53
"N. MANILA F
On depand
ON BANGKOK :-
1001"
Oi demand
1499
Cr.Indu
Sovereign Kotes
Telegraphic" "Transfer.. Bank. on demand
"Hank Buying Rath.
1/2-1/16
15/18 Rar 8ilver, per a
IN JAPAN
On demand
Consol. Ch. Prov. (Old), $7.10. Consol." Ch. Prov. (New). $8.80.
SELLERS
Canton Insurance, $240.
HK. Tramways, $17.85.
SALES
H.K. Bank, $1515 c.d HK. Docks (Old), l. H.K. Docks, (New). $20. Providents (Old). $3.55/60. Providents (New), $3.45, H.K. Tramways, $17.55. Y. Ferries (New), $24.30. H.K. Electrics. $61.9-
Consol. Ch. Prov. (Old), 57.10. Consol. Ch. Prov. (New), $6.90. Prices below in Phil. Currency) Antamoks Pa., 40.
Atoks. 30
Benguet Consol.. 11 10
Coco Grove. .431
Consol. Mines 004
IXL 86
San Mauricio, 51
Suyoc. Consol. 17) United Paracales. 32
US. TO BUY SILVER FROM
NETHERLANDS
INDIA TRADE WITH JAPAN
Huge Japanese purcimses of all and rubber in Netherlands. India are having a favourable effect ou the Netherlands Indian trade ba- lance with. Japan.
ed.
PHILIPPINE
MINING NEWS
+4
during
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.).
SINGAPORE BURBER
July 28 buyers sellers buyers sellers change
26+ 281 201
unch. 261 27+ 271 271 271 up t 271 18 371 281 up t
Acting upon steady advices received from London and New York the market opened with prices unchanged for all deliveries as com- pared with Monday's "closing quotations.
After a quiet opening the market became steady on good enquiry for actual Rubber which also stimulated buying interest for trade and speculative accounts on the basis of quoted ratea Subsequently prices advanced by 1/8 cent for all deliveries, but the higher price- level attracted fair volume of selling and the market lost this EAST MINDANAO Mining Com-slight advance at the close of the morning session. trany produced P50,300
Early in the afternoon very quiet conditions prevailed, both, June from 2,888 tons of are treat dealers and speculators preferring to await further developments, particularly in view of the impending meeting of the IR.R. Com- Of this total, P1.000 came trommittee scheduled to take place to-day. Great uncertainty appears to the treatment of 262 tons of ore he prevalent with regard to a possible decision by the Committee at from the Mapaso Goldfields pro- this meeting on the permissible export-quota for the last quarter of perty: East Mindanao is treating this year. From reports to hand from London and New York it Exports of drapery goods from
a imited quantity of Mapaso de- would seem that those markets generally expect the retention of the Japan to Java have, moreover, velopment ore on a contract basis. 45 per cent quota until the end of the year. On the other hand considerably decreased of late on
this optimistic view does not appear to be shared by Singapore, it account of the large stocks which NORTH MINDANAO Mining
is their belief that no quota announcement for the last quarter will. have accumulated in Netherlands Company, Inc. registered a new India.
all-time high monthly production be made at this meeting.
This uncertainty was responsible for the market turning slightly The following table shows the In June with a total of P22,573.74 development of Netherlands India's gross produced from 20.023 cubic easier, during the last trading hour.
yards of gravel handled trade with Japan:
LOYALIST SPAIN ports from Japan 285
Exports to Japan 1,107
In 1,000 tons
1938 1937
1.188 ST3
Inc.
P.C.
In 1,000,000 urins Inc.
P. C.
1930
31.8
1937
P.C.
12
LONDON RUBBER
close Previous
sellers buyers
Today's close. "buyers sellers.
... 7-3/4-
on
7-13/187-11/16 7-3/4
7-3/47-13/16 7-13/16 7-15/16 off 1/8
speculative liquida-
*change. of 1/16 off-1/8.
The June output was an in- crease of more than P7,000 over 7.3May. Expenses for mining opera-
8 POT
8 80.7 tion during June were reported at
7-7/8 OCT-DEC. around P5,862.24...
JAN.-MARCH
7-15/16 8-1/16 Market opened steady, reacted sharply chase about $2,000,000 worth of Exports to Japan
43.4 96.5pany reported. that complete tion. following announcement postponement last quarter quota, de-"- silver brought to New York recent Imports from Jagan 75.0 124.5 68.0 equipment for marble work com-cision. but closed above the lowest.
United States Treasury officials Indicated they had agreed to pur-
ly by the Spanish Loyalist Govern- ment.
PHILIPPINE
MARBLE * Com-
These figures clearly show that,ing from Italy will arrive shortly. With the arrival of the new ad- according to value, Netherlands
The silver was contained in tidis imported three times as much ditional equipment, it was point-
contain
cargo first thought to many millions of gold and later from Japan as it could export to determined to be a smaller amount that country. of sliver.
A Treasury spokesman. indicated that no long term agreement had been
made with the Loyalists. The current Treasury price ut New York is 43 cents per ounce,
REICHSMARK QUOTATIONS
Berlin. July 27.
quoted The Reichsmark was without guarantee at: New York, 40.185. Amsterdam 73.025 to 73,075. London, 12.2975.
Paris Sterling, 178.08 to 178:12- Paris US Dollar, 36,165 to 36.175.--(Transocean),
ADVERSE RATTO"
The ratio in the last months of 1937 grew more adverse, to such a degree that the Netherlands Indian Government intended to draw the attention of the Japanese Govern ment to this tendency. should it
continue.
Netherlands Indian offical circles now feel gratified over this new development in trade and hope. that the increased exports to Japan Will not remain limited to war materials such as oll and rubber. but will also spread to other, pro- ducts, especially Java sugar.
NEW YORK COTTON.
Trading early in the session was very inactive, but prices ad- ed out, the company will be able vanced steadily on Liverpool cables and more moisture in the East-
"
to ship finished marble abroad. ern Belt. The advance, however, met with an indifferent demand
and prices reacted on liquidation, in sympathy with securities. To AMBASSADOR GOLD Mining
wards the close, the market further declined on Wall Street liquida- Company reported to the Bulletin recently that it had produced on, with a poor offtake. Finally, the market rallied partially on F24.451 during June from 1020 covering and closed steady, tons of ore milled. William An derson, Junior, president of the company, said that the plant was not operated during May and hence had no production.
NEW YORK BUBBER
The market declined on heavy speculative realising and stop- losses. The nervousness was induced by the fallure of the Restric tion Committee to fix the fourth quarter quota. Later, prices ral Iled somewhat on demand from factories, while there are some short covering and fresh Commission House buying at the lower levels. A
CHICAGO WHEAT
The market declined on favourable crop weather conditions, Japan now has fixed the imports of rubber at 5,000 tons per month. disappointing Liverpool cables and lack of important foreign de- Netherlands India is to supply 40 mand Hedging reflected the increased Spring wheat movement. per cent of this quota and Malaya Optimistic European crop advices and the easiness of securities con-
tributed to today's bearishness. 50 per cent.
No comments yet.
Private notes are available after approval.