·PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Buyers
Exchange
Seri Balra
TUESDAY. AUGUST 2,
Sharebrokers'
Association
Buyers! Baliars
Saipa Nominal
FINANCE
THE EXCHANGE MARKET
NEW
YORK STOCK EXCHANGE
£0
lex, div.
188
...
$240 Cantoo lomaraton... ...............
$500 Union Insurances .........
.32.
Banks
cum.d. 1,510 H.K. Banks
£19/6
$29
Do. (London)................. Chartered Banks.... Mercantile Bk. “A” 213 Mercantile Bke. "C" Bank of East Asia...
N. C. & 8. Banks.....
ingrsaces
Underwriters seen
cum.d. $1,510 lex.div
MESSRS." ROZA BROS.
ver market was closed The yesterday, the quotations remain- ing at 19 3/8 for Ready and 19 1/4 for Forward. American Sil- ver was quoted at 42 3/4 for Spot.
The London-New York cross
New rate was quoted at 491.68. York-Landon was quoted at 491.
High
1938
(Through Renter's Service)
QUOTATIONS
བ་། “
Aug. 3, 1938,
Law Dow Jones Averages (44.91 98.95 So Industrials
$9.77 19.00 90° Rails 2205 16.14 $0 · Utilitasa * 93.70 83.39 40 Bonds
July 30
g Low Close Chang
141.23
140.83 130.83 140.37
88 off
28.45
28.40 25.07 8.16
30 off
90,63
20,63 2040 20.80
13 of
90.37
64.98 45.03 11 Commodity ludra unquoted
90.19
09.00
19 af
Business Dono:—190,000 shares.
£S £13)
3/8-
STOCKS
Last Sale
STOCKS
Last Sale
$88
MARKET
July 30 Aug. 1
July 30 Aug. 1
N
$295
"ABTI
Uncertain at the opening but Adams Express ... later eased off slightly.
STERLING
12
11
Great Western Sugar 28 *
28
Alleghany Steel Co...
183"
181
Greyhound Согра 16
161
Allis Chalmers ........
501
50
Recker Products
31
70
.52
310
1919
HK. Firea un
Shipping
180
Douglase
121
580
$94
Steambosis
Lado-Chinas (Del.)......
93/9 Shells,
Indo-Chinas (Prof.)....
10
15/6
Waterbo
Mining
Kailans
1:12
$75 330
$61
124
·93'9
16/
81.80
89.70
#3
Bauba Venezuela Cold Fide.
17 cta Hong Kong Mine......
Docks, Wharres, Godowns, ele.
$3
$131, K. & H. Wharves...
$3,50
$3.65
$21.
$20
པ·་
161
33%{ $107
$6.80
$8.95 $6.80
387/39.
H.K. Besties
Providents (old)..........................
13.45 Providenta (new)..................
H.K. & W. Docks.... (new)........ 1. Do
$115 Shanghai Dooks 8..... 1390 New Engineerings B.
Lands, Hotels, and Buildings
EL. K.-Hotels near E.E. Lands.........8. Do. 4% Debentures
$8.40 Shanghai Lands 8.
$9.33 Humphreys ..........................
ituo Chinese Estates........
#:
Colton Mula
317
(BW
(8.)
yea
$28
$27
8'hai Cottons (8.)...
20ong Sings (8-)...............
$42Wing Or Textiles (8)
$80
Fask Trams (D0*)...1794801
124.85 $24
Telepboaos (old)......
9,80 Talaphones (new)........#
25/3 Tractions
28/3 |Tractions (pref.)
Industrinis
$120)
$3.54
$3.45
391
SHANGHAI DOLLARS
$30
185 Nominal:
115
SHANGHAI MARKET
$3.90
3/8 nominal.
$6.35
$107
#51
$9.30
$16.6 J
0871
$241
Public Utilities
$17.46
1.
Tramways .buniver
$12
$17.45
Peak Trams (ald)......
18)
131
| Star. Farries .....
..
Y'mati Ferries C.R.$
Do.
$35.00 $24,50
$10.90
China Lights (old)......
$11
$6
China Lights (new).....
··18"
$60
HA. Eletrics
$80
$15
Macao Electries.
*91
Sandakan Lights.
#201
$27 $9.80
The market opened with sellers at 1/3 August-October, buyers at 1/3 1/32 Cash and 1/3 November, leading to business at 1/3-October. September, August and Cash, The market closed at lunch time with sellers at 1/2 31/32 August- November, buyers at 1/3 August. possibly Cash, and 1/2 31/32 December.
U.S. DOLLARS Sellers at 30 11/16 August and 30 5/8 September-October, buyers at 30 3/4 Cash-September and 30 11/16 October.
Amer..Can
981
961
"int. Nickel
50%
491
WEDNESDAY, AUGUST 3, 1938
PAYNE & CO.
"
COMMODITY BROKERS
STOCK EXCHANGE
BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
Amer. & For. Power
41
41
Int. Tel. & Tel....... ...91
91
New York, August 1.
Prev. 'Today's
Amer. For. $7 p1. 201 Amer. Locomotive... 22} Amer. Metals.......... 35 * Amer. Radiator... 151 Amer. Rolling Mill... 201 494 Amer. Smelting...... Amer. Sugar Ring..... 271 Amer. Tel. &z Tel' 142 Aber. Tobacco "B" 87% Amer. Waterworks... 11| Anaconda Copper ... 351 Atchison, T. & 8. re. 381 Auburn Motore ......
201
Kennecott Copper... 414
401
High Low
Close Close Change
31+
Libbey-Owens- Ford
New York Cotton
October
8.59 8.51
34+
+ Glass
451
4+1
New York 'Rubber
Sept.
18.05
8.62 15.95 16.10 18.02
8.51 Ji off
.08 off
15.
Lockheed Aircraft – 14)
132
20+
Loew's Inc
49
481
Chicago Wheat....
Sept.
671"
671 663
667
off
484
Martin, Glen I. ......
241
241
Chicago Corn
Sept.
561 541
587
554
1 of
271
McKesson & Rob-
Winnipeg Wheat
October
761 closed
1401 831
bins, #3 pfc da
341*
341*
Monsanto. Chemical 391
91
小
101
Montgomery Ward...
**
454
35
Nat Dalry Products 18
..18
361
Nat Distillers
25
44*
· 41
Nat. Power & Light
7
(1939)
Baltimore & Ohio
94
01
Barber & Co.
201
201
Nat, Supply Corp¤.. 20 New York Central ... 101
191
181
t
Barnsdall Of ..... Bethlehem Steel
20
191
58)
58
الا
24/0
314
Cald Macg (Ord) 8.
314
Cald., Macg. (Prof.) S.
$1.70
:
$7.10.4 97.30
Canton Jees
$18,70 Cemapis
$4
Rapee...............
Consolidated
Chin Prov. (old)........
$300 China Prov. {00W)................ |
---Miscellane
$6
126Dairy Farms misulis,
Ch. E'tainmesta komun Constructions (old)............ Constructions_(new)..........]
38.70 Lane Crawford.........
Nanyang Tobacco` `......
$9.00 Binceres
Watsons
Ch.G.5% 1925G.$Bds.
I :
$180
$16.85
$7.10
Providenta (Old), $3.55.
$6.90
Raubs, $9.70.
Venz. Goldfeld. $3.
$26
"H. and 6. Hotels, $64.
$8.5
Sterling. Bd. nominal. USS 16 Boeing Airplane Co. 281
IN THE AFTERNOON · The market was quiet in the afternoon..
STERLING
The market closed with sellers at 1/2 31/32 August-November and 1/2 15/16 December-January, buy- ers at 1/3 August, possibly Cash and 1/2.31/32-December:-
.......
U.S. DOLLARS. Sellers at 30 11/18 August and 30 5/8 September-October, buyers at 30 3/4 Cash-September and:30 11/16 October
H. K. STOCK EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
Market ruled quiet but steady.
BUYERS
HK. Bank (Lon), 290 x.d. Union Waterboats, $9.
Brooklyn-Manhattan $6 cum. pi..................... Canadian Pacific..... Case. II ......... 100 Chesapeake & Ohio 32 Chrysler. Corpo. ......
701 Columbia Gas & El. 71 Columbia 6% "A" pl. 65 * Commercial Credit.. 48
11 Commonwealth & §. Commonwealth. & 8.
281
Borg-Warner maize 311 Briggs Mfacturing. 33 Brooklyn-Manhattan
314
.. 32+
N. America Aviation 101. North America Co. 213 Northern Pacific: ... 124 Pacific Gas Elec 28 Pacific Lighting 394* Packard Motors ....... 51
101
NEW YORK COTTON Close October December January March May
Opening
Closing
Change
8.62/82
8:55/58
8.51/51
fi off
8.70/71
9.64/85
8.58/59
.13 off
8.72 N
.8.67/67...
8.80 N
.12 of
8.77/79
8.80/80
" 8.73/73 8.76/76
8.85/65
.12 off
B.68/68
12 O
July
}
8.85/85
8.79/80
8.71 N
14 off
211
· 123
Spot...
8.72
8.81
.11 of
27
NEW YORK RUBBER
392*
51
September
18.10/12
16,05700
16.02/05
08 OK
Trans
115
117
Paramount Pictures 107
102
December
16.25/29
18.10/06
16.11/14
14 off
14
Pennsylvania RR
211
21
March
16.28/30
18.15/15
18.19/20
"09 ok
331*
34
Phillips Petroleum 42"
414
May
16.34 N
15.25 N
.09 off
7
7
Public Service of N.J. 30
293
Sales for the day:
2,076 tons.
$3
Pure Ot
121
12
314
Radio Corp of Am. 7"
7
CHICAGO WHEAT
70.
Republic Steel
181
181
71
Reynold Tobac. "B" 434
431
September
66
Schenleymt 201
193
December
67/873 691/691
871/661: 691/69
+47)
Schenley, 51% pid... 75 *
74*
May
721/721
661/67 682/687 713/715
of
* of
D
14
Sears Roebuck...
72
711
Saturday's Sales:--
11.823.000 bushels.
}
Shell Union Oll....
174
161
6% cum pf........ 381 Consolidated Edison 28"
38
Socony-Vacuum Oli
15"
141
CHICAGO CORN
271
Southern Pacific
... 181
181
Consolidated On 104
[0]
Snuthern Rly $5 pfd. 181
181
September
$63/561
561/561
551/551
14 off
Continental Can.... 441
.441
Standard Brands
81
B
December
Continental Oil
351
341
Stand Gas & Elec.
41
44"
May
537/531 631/531 551/551
521/621
14 of
541/541
14 of
Corn. Products .......
681
691
Standard Oil-of-NJ. 57-
571
Curtiss Wright (C) 51
-57
Curtiss Wright "A" 221
221
Stone & Webster 101
Swift
101
WINNIPEG WHEAT
International `28 *
281*
Distillers Corpn. Sea-
Technicolor
251
24
July
921/921
grama Douglas Aircraft 494 Du Pont
162
182
Texas Gulf Sulphur" 35
341
October
781/761
CLOSED
491
20th Cent: Fox. Films 25
24
December
751/751
1264
126
do.
Films pl. 324*
327"
Eagle Picher Lead 11* Elec. Bond &” Sharp Elec. Bond & Share
11
Union
& Carbide
NEW YORK STRAITS TIN
B
81
Carton
831
811
September
44.30 N
43.87-1/2⚫
43.80
Union Pacific.........
631
NY Silver. Official
42-3/4"
42-3/4
$5 p...
51
51+
United Aircraft
211
273
NY-L'don Cross Rate... 4.91-3/4.
4,91-3/8
Elec: Bond & Share
United Airlines Trans
9*
192
• Traded
$6 pi......
55)*
561.
United Corpn.
3
3
Elec. Power & Light
United
$3 Corpn.
$7 pi.........
40
391
cum. pi.......
31?
314
Flintkote
217
United Gas Corpn.
4
1"
Gen. America Trans 50%
Gen. Electric
Gen. Motors
Gen. Railway Signal
idden Co........
$7.35 871
$7.40
61
671%
4pm. ex int.
| H.K. Govt. 4% Lokna
1106
$101
1...
350
| H.K. Wing On .....................
$60
S'hai Wing On ...
$5.10
amans Iav. (Los.) Maramana Lov. (H.K.)
170 cta.
Sales to Bhanghai
Goodrich (B.F.)
H.K. Govt 31% Loans
$6.10 Vibro Piling 12/9
79 cte, Win. Puwells
LONDON EXCHANGE
"RATES
Goodrich $5 pr....... 561 Goodyear Tire & Co. 27 Great Northern Iron
Ore
13137
£2 Great Northern Riy. 22)
H.K. Lands, $389.
H.K. Lands 4% Deb. $107.
HK, Realtics, $5.80.
H.K. Tramways, $17.45... Peak Trams (Old), $64. Y. Ferries, (Old). $24.65. Y. Ferries (New), $24. China Lights (Old), $10.90.
HK. Electrics, $601.
Telephones (Old), $263. Cements, $16.60.
Watsons, $7.35.
Constructions, $74.
H.K. Govt. 4
int.
Loan, 4% pm. ex:
H.K. Govt. 34% Loan, 1% pm Marsmans (HK), 3/-
Consol, Ch. Prov. (Old), $7.10.
SELLERS
Providents (Old), $3.85.
H. and S. Hotels. $6.85, Watsons. $7.
Consol Ch. Proy (Old), $7.30.
SALES
Providents (New), $3.45.
HK. Lands, $39,
Daily Farms, $26.
(British Wireless Service)
July 28
Paris
178-9/64
Geneva
21.491
Berlin
12,24)
July 30 178-11/34 21.457 12.231
Athens
Milan
934
931
Copenhagen
Stockholm
Shanghal
91
New York
4.917
4.01-11/16
Amsterdam*
8.931
8.957
Vienna
1413
1421.
2201
Atoks. .291
670
Consol. Mins, .005
Hong Kong
1/2 31/32
Bombay
1/5 29/32
IXL., .65.
4.931
4,93€
San Mauricio, .52
Brussels.....
29.031
29.09
Buyoc Consol, 171
Prague
Helsingfors Bucharest
Montreal
Yokohama
Sellers......
Buenos Aires
Monte Video
Rip............
31wer Forward)
Silver (Spot) War Loan
ON LONDON:-*
¡Prices below in Phil. Currency)
Antamoks Ps., 39
Benguet Consol, 11.00
Coco Grove, 43
Demonstrations, 28
United Paracales, 32)
18.94.
H.K.
202
2-27/32
19-3/16
19-5/16
192. 104
... 34% 1021.
Closing Quotations
August 2, 1938.
Telegraphic Transfer...}/ Bank Bills, on demand ƒ Credits, 4 months' sight: 1/3)
ON SHANGHAI:—
j
On demand
ON SINGAPORE (---
On demand ................................. .......
IN JAPAN:
On demand
'On New York :-
Bank Bills, on demand 20-7/16 Credits, 00 days' sight 21 15/16
ON BATAVIA
$54
Bank Bills, on demand 1,095 Credita, months' aight "1,180
On demand
ON PARI:
170 nom.
ON SAIGON:
.. On demand
100
$9
ON MANILA:-.
On demand
82A
On BandaDES-
1001
On demand ...nnerere
1496
Bank Buring Bato...4
liver, per og
1/3-1/18 7 19]]
Telegraphia Transfer......... ) 82 Bank, on demand
15/16
Sovereign. Notes
SHAREBROKERS
ASSOCIATION BUYERS
Btar Ferries, $70.50. Watsons, $7.35.. Antamoks, 62 cts.
SELLERS. China Light (Old). $11.10.
RALES
Lands, $39.00, Cements, $16.70... Dairy Farms, 925.75. Govt. Loans, 108% Ex, Int.
REICHSMARK QUOTATIONS
Berlin, August 2. The Reichsmark was quoted without guarantee at:
New York, 4018 Paris, 1355.
Amsterdam, 73.16 to 73.20 Paris, US Dollar, 36.225 to 36.235.--(Transocean),
WORLD WHEAT EXCEEDS NEEDS
of
The International Institute Agriculture reported at
Rome recently that this year's world wheat crop probably would be sharply above the world's needs.
•
FEAR AS GREAT
OBSTACLE TO WORLD TRADE
Mr. O. Stanley On Britain's Aim
Mr. Oliver Stanley, President of ""The Institute estimates that in the Board of Trade, opening the the present state of things it would 14th International Wool Confer- require an exceptional series of ence recently at the May Fair for Hotel, W.. said that fear for the unfavourable circumstances world wheat production not to be future was the greatest obstacle at least equal to that of last year, to international trade, which was abundant," the Institute stated.
"This obstacle, with the oppres- $115- sive cloud of doubts and
SPO'T
OCT-DEC. JAN.-MARCH
Previous close Today's close
buyers sellers
7-13/167-7/8 7-15/16
8
8
8-1/8
buyers sellers
CLOSED
NEW YORK COTTON
change
domestic moderate
and Early in the day prices declined on foreign hedge selling, as well as liquidation. The ptake was pooz, Outside of securities. due, to crop uncertainties and the ensiness interest was limited, while traders were inactive, awaiting the pub- lication of the Bureau report. Finally, prices again declined on liquidation.
NEW YORK RUBBER
Fluctuations were narrow and declined on scattered "Uquidation. Interest was lacking owing to the holidays in London and Binga-
pore.
CHICAGO WHEAT
Prices declined in symathy with a weak corn market. Hedge "It is very probable that coun-picions, drowns men's initiative. tries normally producing more saps their enthusiasm, and des-selling and favourable weather and good crop reports were bearish than their needs will have troys that spirit of adventure and influences. strongly excessive exportable quan- that sense of security which are aty, while the demands of import-essential if international trade Is
should to prosper, he declared. ing countries, it appears, not be-much above the level of the | Closing "period."ev *
DUTCH EMIGRATION TO AUSTRALIA
"I can think of no greater assis- tance to the future of the wool textile industry, or to the future of any industry in any, country," than the removal of these fears and suspicions.
"It is the declared policy of the Government to which I belong to strive, despite all diiculties and The Hague, August Z. Following conferences between misrepresentations, to their ut the Australian Deputy Prime Min- most to remove from the world the fear which now cripples our ac- ister. Bir Earle Page, with the tivity, destroys our lives, and Dutch authorities, with a view to which will end by making a farce the promotion of Dutch emigration
to Australia, the Netherlands Gov-of civilisation." ernment has decided to appoint an agricultural expert who will shortly proceed to Australia to re- port to The Hague respecting emigration possibilities for Dutch farmers and skilled labourers- (Reuter)
•Harl
"ROBES OF PAUPERS”.
Earle Sir
Pare, Deputy Prime Minister" of Australis, and ̈ Minister for Commerce and Health," who, presided at the opening ceremony","describe
ed substitutes for wool which. "were widely used during 'the depression as "the children of poverty" and said that seen in their proper perspective the clothes made from them might be called "the robes of the paupers."
Among others the Union of South Africa registered a decrease of about 40,000,000lb.
The conference is attended by delegates from 10. European coun- tries. and from Australia," New Zealand, South Africa, and South America Mr. J. H. C: Hodgson, of M. Maurice, Dubrulle, of Tourco- | Bradford, Chairman of the British. ing,, France, the President. in his National Committee, was elected" annual report, said although some chairman.
#
of the national Agures of the Mr. Leslie Burgin, Minister of world production of wool for 1937-Transport, speaking at last night's 38 had not yet appeared, they conference dinner, emphasised the could estimate that the total supremely important role played would exceed that of the previous by such gatherings in the cause of year by about 100,000,000lb, giving world peace. P
"If the people of the world the approximate figure of 3,900,000. 000lb. Among the increases were only learn the art of attendance Australia. 25,000,000lb, New Zealand at International conferences, the 10.000,00mb; the United States laws of the jungle would cease to 6,000,0001b; Russia, 57,000,000tb, apply and the laws of the break-
fast table would begin,” he said. and Turkey. 5,000,000th.
50
Un das Iprovem't 10
101
COMMODITY MARKET REVIEW
404
404
U.S. Rubber
411
431
43
423
US. Rubber pi........
82
211
U.S. Steel -201
598
581
(FROM PAYNE &
CO.)
234
Vanadium
221
23 221
Warner Bros. Pict..... Westinghouse
·561 26)
194
19
61
61
SINGAPORE RUBBER
Mec. 101
991
Woodward Iron Cor. 194. Chase National Bk. 321* National City Bank "263"
19
324*
July 29 buyers
sellers
August 1 buyers sellers"
change
204*
SPOT
26-1/2 26-3/4
¡ Call Money
130
19
OCT.-DEC.
27-5/8
27-7/8
CLOSED
* et div.
·
pts..
JAN.-MARCH
28-1/8
28-3/8
LONDON RUBBER
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