cum.d. $1,310
£38 £132
#2
$240
$495
1380 $497)
7/8.
$2
310
Steady.
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers"
Association
Buyor
⚫liere
Nouiaa)
FRIDAY, JULY 29.
Buyer Sellers
Salve
Banki
x.div.
226
1,010 cua, H.K. Bankı Met
Do. (Loodon).
Chartered Banks
Marcantile Bka "A"!
£19 Moonatile Bks "C"
Bank of East Asia ...
N. C. &
8. Banks.....
Insurances "
Canton IngraDCOS..................
Union Insurancés ..............
Underwriters Loongarusman
$919 H.E. First
Kominai
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices dropped 1/8 yester- day for both deliveries, the quota- tions being 19 6/16 for Ready and 19 3/16 for Forward. Silver ad- vices reported India as having sold to a small extent. The Con- The market WILS tinent sold. steady. American Suver was quot- ed at 42 3/4 for Spot.
York The London-New rate was quoted at 491.81. New quoted at 491. York-London was
cross-
FINANCE
NEW YORK STOCK EXCHANGE
1938
(Through Rauter's Service) QUOTATIONS
High Low Dow Jones Averages 14491 893. 30 Industrial>
33.77 19.00 20 Raile 22.65 16.14 90. Utilities 92.70 83.39 4 Bonds
July 27.
July 19, 1938. High Low Close Chang
140,54
98.28
20.72
90,14
54.92 43.63 11 Jonimodity Index 19.12
21.03 20.66 20.83 16 up 90.38 .39 up 48.51
142:30 139.51 149,20 1,96 up 28 up 38.73.27:90 28,54
SATURDAY, JULY 30, 1938.
PAYNE &
CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
Business Done:-1,070,000 shares.
STOCKS
Last Sale
STOCKS"
Last Sale
July 27 28
July 27 28
Adams Express
114
11)
Great Western Sugar
281
281*
Alleghany Steel Co.
182
181
Greyhound
Corpn.
154.
151
Allis Chalmers ........
501
.51
Hecker Products
11
8
Amer. Can'...................
97
97
Int. Nickel
491
511
MARKET
Amer. & For. Power
{
4+
Int. Tel. & Tel......
Di
Amer. & For, $7 pf.
21
" 21"
Kennecott Copper... 41
421
Shipping
STERLING
$75
180
Donglass.
$11 Steamboats
$30
$60
Indo-Chines (Pred.)....
124
Indo-Chinas (Dat.}..
#51 824
93/1
93/11 Shells.......
There were sellers at 1/3 July- October and 1/2 31/32 November- January, buyers at 1/3 1/32 Cash- September and 1/3 November.
Amer. Locomotiva... 211 222} Amer. Metals Amer. Radiator
Libbey-Owens- Ford
་་
35
...361
Glass
441
431
158
15)
Lockheed Aircraft ..
137
14
New York. July 28,"
Amer. Rolling Mill... 301 Amer. Smelting
201
Loew's Inc.
481
491
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
High Low
Prev. Today's
Close Close. Change
*49)
50%
Martin, Glen L... ...........
l
254
Waterboats
Mining
15/6 Emilans
15/-
$9.80. Raubs
$9.50
Venezuela Gold Flds.
7 eta Hong Kong Mines......
$3
$131
$3,55 $3.45
[83.47|||
$0.80 $38
$8.80
--
Providente (new).................. $21
I.K. & W. Docks..... $:0 Do. (LOW)... $115 Shanghai Docks 9. 13.90 New Bugisserings 8.
Lands, Hotels, and Buildings
HK Hotels
1.K. Lands..........
Docks, WharVOS,
Godowas, ete.
H.K. & K. Wharves...
$1201
Proridente (old).........................
$7.66
33.45.
$3,60 13.47
121
320
#115
Nominal
$3,95
$4.80 $6.90 16.85
$107
Do. 4% Debentures
$301 $106
$8.40 Shanghai Lands S.
$5.80 $51
30.85 F.K. Ilcsitios
January.
U.S. DOLLARS Sellers at 30 3/4 August-Sep- tember and 30 11/18 October- December, buyers at 30 13/18 Cash-September and 30 3/4 Octo- ber-December.
SHANGHAI DOLLARS
Nominal...
SHANGHAI MARKET
IN THE AFTERNOON The market continued steady in the afternoon.
The market closed with sellers at 1/3 July-October and 1/3 31/32 November-January, buyers at 1/3
Amer. Sugar Ring... 28 Amer. Tel & Tol Amer. Tobacco. "B" Amer. Waterworks... Anaconda Copper. Atchison, T. & S. Fe. Auburn Motors ......
281
McKesson & Rob-
New York Cotton
141
141
bins, $3 pf.
New York Rubber
Sept.
341
347
881
801
Monsanto Chemical 89
Chicago Wheat
Sept.
882
11
111
Montgomery Ward. 451
17
Chicago Corn
Sept.
October 8.65 8.57 16.25, 18.10
68 673 €71 68 + up 571 56 571 57 i off
8.66 8.57 .09 of
18.30b 18.30b unch.
351
381
Nat. Dairy Products 157
16
Winnipeg Wheat
October 763 757
761 761
unch.
301
37
Nat. Distillers
241
251
41
4
Nat. Power & Light7j
1
Baltimore & Ohla
DI
9+
Nat. Supply Corpn. 191
201
Barber & Co.........
"201
21
New York Central... 187
20
Barnsdall Ol
191
191
N. America Aviation 91
101
NEW YORK COTTON
Close*
Opening
Closing
Change
Bethlehem Steel.
581
59
Boeing Airplane Co. 29 Borg-Warner
291
304 32
North America Co. 211 Northern Pacifć Pacific Gas & Elec
221
October ....
8.66/67
8.63/63
8.57/57
.09 off
121
121.
261
263
December
8.74/75
8.71/72
8.65/65
.09 off
Briggs Mfacturing 31. 330. Brooklyn-Manhattan
Pacific Lighting
40 *******
40.
January
(1939)
... 8.76/76
8.73/73
8.67/67
.03 of
Packard Motors
51
51
March
J
8.81/81
8.79/79
8.71/71
.10 off
Trans. ................
104
107
Paramount Pictures 101
10%
May
"
}
... 8.84/84
8.81/81
8.74/75
.10 oft
#
STERLING
TH
Brooklyn-Manhattan
Pennsylvania R.R....
211
211
July
{
7.87 N
8.85/85
8.76/76
.11 off
$6 cum. pl. Case. JI.
32+
314
Phillips Petroleum... 421
42 +
Spot ...
8.70
8.67
09 off
61
71
Public Service of NJ.
30.
301
Canadian Paciac... 100
102
Pare O!!
12
12)
NEW YORK RUBBER
$9.30
30.35 Humphreys ..................
1/32 Cash-September
and
1/3
Chesapeake & Ohio 31
: $21
Radio Corpn. of Am.
7
7
September
...
18.30b/3+a
16.20/18
16.30b/32a
•
$100 Chinese Estates.....
Cotton Mills
November-January.
ነ
Chrysler Corp.......
693
713
Republic Steel
19
191
December
16.42/43
$16.30
U.S. DOLLARS
$16 Ewon (S.)
887
*7
8'bai Cottons (3.)......
#242
327
Zoong Sings (S.)........
$42
142
Wing On Textiles (8.)
Public Utilities
$17
817,65
Tramways
Sellers at 30 3/4" August-Sep. October tember and 30 11/16 December, buyers at 30- 13/16 Cash-September and 30 3/4 Octo- ber-December.
Columbia Gas & El. Columbla 6% "A" pf. Commercial Credit... 47 Commonwealth & S Commonwealth & 8.
71
71
Reynold Tebac. "B" 421
421
March
18.46/49
16.26/24 16.32/31
16.42/42
unch. unch.
16:47/48
.01 up
673*.
671
Schenley
20
201
May
16.55/55
18.5-4 N
01 of
474
Schenley, 54% pfd...
75
-754
Sales for the day:-
2,820 tons...
1+
11
Sears Roebuck
101
72
Shell Union Oll
177
17)
6% cum pí. ........
40
40
Socony-Vacuum Off
141
154
CHICAGO WHEAT
Peak Trama (old)..............
$31
Foak Trams (now).................)
134
380
Star Ferries)
$90
$241
$24
$11 $11.10
860
16"
$16
326
Y'mati Ferries C.RE
Do.
China Lights (old)....... #11
China Lights (new)...........
Macao Electrica
Sandakan Lights
Telephones (old).....
39.80 Telephones (new)......
26/3 Tractiona
(DE)
25,30 $94.80
14
311.16] 11.07||
SHANGHAI DOLLARS Sellers 171,
SHANGHAI MARKET The market closed with sellers
Consolidated Edison 281 Consolidated On
231
Southern Pacific
181
19
September
10)
- 101
Southern Rly $5 pid.
18
191
December
Continental Can....
461
451
Standard Branda...
BA
81
May
677/681 701/701 721/73
68/581
68/671
up
703/701
*D/691
4 off
+21/721
1 of
Continental Of Corn. "Products
34
341
Stand Gas & Elec.
41
41
Wednesday's Sales:-
19,151,000 bushels.
68
68 *
.....
Standard Oll of N.J.
58
567
HK. Electrics........
$61
at 8.23/32. U.S.$ sellers at 17.7/8.
Curtiss Wright (C) 5
58
Stone & Webster ...
101
102
CHICAGO CORN
Cartiss Wright "A" 23
23
Distillers Corpn. Bea-
Swift International 281 Technicolor
278
23
25
September
571/571
57/578
57/571
1 off
$27
gravis .....
16
16
Texas Gulf Sulphur 347
354
December
...55/55
551/551
541/541
1 of
$8.80
24.6
28/3
Tractions (pref.}........
Industrials
$14
Cald., Macg: (Ord ) B.
H. K. STOCK EXCHANGE
Douglas Aircraft
501
514
20th Cent. Fox Fims 244
247
May ...
571/571
561/581
1 att
Du Pont
1263
128
do.
Films pf.
..." 327
32*
A
Eagle Picher Lead
194
114
Union Carbide &
WINNIPEG WHEAT
Elec. Bond & Share
81
Carbon
831
85
#
Elec. Bond & Share
Union Pacifc
83
821
July
-93/93
932/931
up
31.00
#!
118.65
要你
$7.10 $6,90
ww
$6.40
37.10
$8.50
YESTERDAY'S
OFFICIAL
QUOTATIONS
$5 pl.
Elec. Bond & Share
$0 pf.
Elec. Power & Light
::
$284
518
***
In the earlier part of the week the market was firm, but became quieter towards the close. There was a fair turnover, however, with
ittle change in prices:
$7. pt. Flintkote
Gen. America Trans 49
Gen. Electric
Gen. Motors ...
Gen Railway Signal 21
18
35
The Manila Market falled to Glidden Co. maintain
$21
$7.35
1.pm
87.30
671%
quiet.
$106
BUSINESS DONE DURING
H.K. Gort. 31% Loans
$101
THE WEEK
360
350
Goodrich (BFD) ........ 211 the strength and
57 Goodrich $5 pf. and tivity of last week,
Goodyear Tire & Co. 261 Great Northern Iron
14 Ore... Great Northern Rly. 214
ac closes
1
H.K. Bank. $1510, £1515, $1510. Union Ins... $4974, $500.
Wharves, $129, $1294.
170 cta
Docks (Old), $21.
Paris
Geneva
Berlin
14 Cald., Marg. (Prof.) S
$1.70 Canton Ice
316.70 Cementa
84.60 Ropes
Consolidated
China Prov. (old)............... China Prov. (new).................
Miscellaneous
1261 Dairy Farms
Ch. E'tainmenta....... $8:54
Constructions (old)......
Constructions (now)....
$9.70 Lane Crawfords........
Nanyang Tobaco.....
$2.20 Sinceros
Watsons
Ch.G.5% 1925G.Eda.
6pa H.K. Gort. 4% Leas
H.K. Wing On..........
S'hai Wing On........
$5,10Vibro Piling
12/9 Marxmans Idv. (Lon.)
3/ Maramans Inv. (H.K.)
70 eta Wis. Powella
*Bales to Shanghai
LONDON EXCHANGE RATES
Docke (New), $20.
Providents (Old). $3, $3.55.
$3.60.
Providents (New). $3.35. $3.37).
$3.40. $3.45. $3.474. Providents (Old) Consol, $7.
$7.10 $7.20. Providents (New) Consol. $63.
$6.80, $8.90, $6.95. Hotels, $6.60 $0.85; $8.80, $8.85. Lands, $36, $361, $30. Tramways, $17.70, $17.65. $17.55.
(British Wireless Service)"
July 22.
178-11/64-
July 28 178-9/64
21.491
12.25
12,241
Athens
Milan
93,
Copenhagen
Star Ferries, $80.
Stockholm
Shanghai
New York
4.925
4.917
Amsterdam
8.93
Vienna
1411
2261"
670
1/2 31/32
Prague
Helsingfors
Bucharest
Hong Kong
Bombay
Montreal
Brussels Yokohama Sellers
Buenos Aires
Monte Video
Rio
ziver Gorward) Silver, <8pot)
War Loan ...............
CHE LONDON:-
1/5 29/32 4.93-9/16. 29.111
4.931 29,081
18.94.
204
2-27/32 191 191"
19-3/16 - 19-5/16
34% 103.
34% 1027.
Closing Quotations
July 29, 1938.
Telegraphic Transfer... 1157 Bank Bills, on demand ƒ Credits, 4 months' sight 1/3) -
ON SHANGHAI:--
On demand
ON SINGAPORE:
ON NEW YORK:-
Bank Bittr, on demand "80-7/18 Credits 60 days' night 31 13/18
ON BATSTIL
On demand
ON PARIS -
551
Bank Bills, on demand 1,095
Credits, 4 months' sight 1,180)
ON MANILA:-
*150 now.
*ON. SAIGON:-
Ob demand
On demand
53
·On demand.
ON BANGLOR:-
"On demand"
Jovereign Notes
Ram Silver, DER ME.
JAPAN-
On demand
ET INDIA
Telegraphic Transfer... | 03 | Bank, on demand
15/10-
Y. Ferries (New), $24.30. Electrics, $61.
Cements, $16.80, $181, $16.70. Watsons, $7.10. $7.15, $7.20. $71.
$7.35.
HK. Mines. 74 cts.
(3.15 p.m.) CLOSING QUOTATIONS BUYERS
Lands, $37. Trams, $17,45.
Trams, $17.60.
SELLERS
BALES
Banks, $1510. Unions, SEDO:
Lands, $361/4.. Watsons. $7.35.
A.K.
SHAREBROKERS' ASSOCIATION
BUYERS Providente (Old), $3,55: Providents (New), $3.45. Hotels, $6.80. Lands, $364.
Watsons, $7.30..
100
非
eli
1091
Bank Buying Rate..... 1/3-1/18
10-5/28
SELLERS
Hotels, $8.85.
Realties, $5.85.
SALES
Providents (New), $3.45. HK Mines, 8 ctá.
PHILIPPINE MINING NEWS
SPOT
OCTOBER-DECEMBER
JANUARY-MARCH
271 277 -281 284 up
TAMBIE GOLD Dredging Com-14042 a four-foot vein which is the
P17,700 in main objective of the manage pany, Inc. produced June, from 34,205 cubic yards of ment from below has been cut gravel handled.
and drifting started.
from London and New Provisions have been made also Acting upon steady advices received GOLD STREAM Mining Com- pany, Inc. has temporarily sus for an ore bin to the capacity of York the market opened of a cent higher for all deliveries as pended other underground more ore less 1500 tons for saving compared with Wednesday's closing quotations.
all
the P17.25 to P25 ore being taken operation work and has concen out from the raises and face level "trated its activities to complete
blocking" out of the Marikit vein 3980, system in accordance with the
The Kiamon vein system, in
After the opening the market exhibited a very steady under- tone with a fair demand for spot Rubber being in evidence. How- ever, dealers and speculators preferred to maintain side-line posi- tions, awalting further developments due to the disappointing ac- tion of the Security and other Commodity markets. In USA To- recommendations of the engineer. spite of its width and good show- ings does not carry milling values
wards the close of the morning session prices declined by ❘ cent for This scheme, it was reported, is but still merits further investiga-
all deliveries due to profit-taking and heavy selling for trade and to block out sufficient ore in order tion should sufficient funds be speculative accounts. to determine the kind of mill to available, and that work in this
be erected. The Marikit vein section has been temporarily sus- which appears to be the continuk- pended.
Early in the afternoon the market ruled quiet at the lower price-level, but during the last trading hour further speculative
tion of that in the Gibbs is be- ACOJE Mining Company, Inc. selling was responsible for prices registering another decline of lieved directly connected to the advises that during June it had cent, the market closing with an easy undertone. major formations of the Hartwell-mined 1.238 tons of chrome ore, Balatec area.
the value of which is determined
In level 3853 which is the lowest by the United States market. It working in the Marikit vein the was also learned from the office structure which is being followed of the company that. 1,173 tons of is reported improving. In Level ore was mined in May.
NY. EXCHANGE SEAT SOLD FOR $58,000
» A membership seat on the New York Stock Exchange was recent ly sold at $58,000 (US), which I $7,000 higher than the previous sale.
This was "the first, advance in the price of a neat since April The 'highest for the year is $75,000.
REICHSMARK QUOTATIONS
Berlin The Reichsmark was quoted without guarantee at:
New York, 40.19:
LANDS INTERIM DIVIDEND
An Interim dividend of $1.25 Der share has been declared by the Hong Kong Land Investment and Agency Company Ltd. Pay met will be made on August 22.
DONATION FROM
INDO.CHINA:
SPOT... OCT.-DEC. JAN.-MARCH
LONDON RUBBER
Previous close buyers sellers 7-13/16 7-7/8 · 7-7/8 8
Today's close buyers sellers 7-13/16 7-7/8 7-16/18 8
8-1/18 8 Market steady.
NEW YORK COTTON
change
8-1/16
unch, up 1/18 unch.
Prices early declined on lower Liverpool advices, favourable Later the market of the stock market, weather reports and moderate hedge-selling. partially reacted on the renewed strength which prompted buying by New Orleans Interests, but prices anally again declined on liquidation and the market closed barely steady.
NEW YORK BUBBER
CHICAGO WHEAT
Unencouraging cables from London and Malaya caused a lower The Chinese General Chamber of opening and prices further declined on commission-house selling. Commerce in French Indo-China the main, part of which, However, was absorbed by short-covering recently donated a sum of $30,000 by the Trade. Later in the day, prices steadied irregularly in sym- to be used for war sld work in pathy with securities. China, says a report to the wa Mei Chen Paa. The sums, it is re- ported, has already been handed
Today's was a quiet and narrow market, with firmness at Liver- over to the Chairmen of the Mill- tary Affairs Commission, General pool and dry conditions in Canada being offset by a reduction in Chiang Kai-shek, by Mr. Chang mill and exporter buying and hedge-selling. North Dakota re- that sector, but generally. Cheng-fan; a member of the Peo-ports expectations of lower yields in Paris US. Dollar. 36.18 to 36.19. ple's Political Counen Trom the speaking, the movement of the Spring wheat crop is steadily In-
(Transocean). Chinese community in Indo-China. creasing.
Paris, 1455,
Amstedam, 73.05 to 79.08.
London, 12.2525
Paris Sterling, 178.11 to 178.15.
53%
52
United Aircraft
281
281
October
761/78
76+/781
761/763
unich.
United Airlines Trang
10
10
December
747/747
751/75/
742/742
unch.
571
58 *
United Corpn.
31
31
United Corpa. $3
Ji
NEW YORK STRAITS TIN
381
40%
cum. pf............
321
321
September
43.80 N.
43.050/703
43,55 N
2:2
221
United Gas Corpn.
41
44
NY Silver. Omelal'...... 42-3/4
51
Uri. Gas Tprovem't
104
102
NY-L'don Cross Rate... 4.52-5/16
42-3/4 4.91-7/8
414
421
U.S. Rubber
437
45
411
437
US. Rubber pf.
811
827
22
U.S. Steel
59
601
231
24
Vanadiura
194
107
221
Warner Bros. Pict....
61
61
572
Westinghouse
Elec. 1001
1031
27
Woodward Iron Cor. 19
101
141
23..
Chase National Bk. National City Bank 27 * Call Money
32 *
324*
261*
1%
1%
* ex. div.
• bld.
COMMODITY MARKET REVIEW
(FROM PAYNE. & CO.)
SINGAPORE RUBBER"}
J
271
July 27
July 28 buyers sellers buyers sellers change
28 201 281
up i 237 27+ 271
231 up i
E
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