1938-08-08 — Page 12

Daily Press 孖剌西報 All

PAGE. 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Bagre Bellerat

Sales Nomina

SATURDAY, AUGUST 6,

Sharebrokers' Association

Day Seller Salon Nominat

£90

Banks

cum.d. $1,510 H.K. Banka

cùng 37,910

E13

238

Dio. (London) ******. Chartered Banks.... Marcantile BkL "A"

ex.div. £89

213 Mercantile Bk. “C” 188 Bank of East Asia ...

TH

N. C. & 8. Banka... Insurances

$230

Canton Insurnace.

$500

600/05).

$2

Union KosarERCOS

Underwriters cham

$810 LK. Firek konposan

Shipping

180

Douglases

8214 Sisambosta an

300 Indo-Chinas (Prof.)....

Indo-Chinas (Del.).............

124

01/3

Shells...

Waterboats .....

39,70 23

Mining

18/3

Kailas

Rauden m

Venezuela Gold Fida.

7 cts. Hong Kong Mines......

Docks, WharTOS,

Godowns, ete.

H.K.K. Wharves...

Providente (old).

Providents (new)..................

$130

#31 $3.43)

83.80

$3.40

$21

$20

H.K. & W. Dock....

Iki.

***

$0.85 $39 $107

$38.40 $37)

$5,85

:.:

$127 Shanghai Docks §.....

$3.90 Naw Engineerings 6.

Lands, Hotels, and

Building

1.K. Hotels

H.K. Lands.........8.

Do. 4% Debentures

H.K. Realties

$8.40 Shanghai Landa 8.

10.33 Humphreys

$100 Chinese Estates.........

$9.70

$3

H. K. STOCK EXCHANGE

FINANCE

NEW YORK STOCK EXCHANGE

SATURDAY'S OFFICIAL QUOTATIONS

The market showed signs of a stendier tone and buyers were interested in most of the public utility stocks

BUYERS

(Through Reuter's Service)

QUOTATIONS

#1938

Aug. 7, 1938.

HiRu

Low Dow Jones Averages

Aug. 5.

High Low Close

Ch

144.91

HK. Bank (Lon.). £90 ex. d." Union Insurance, $500.

68.9 50 Industrial 38.77 19.00

20 Baile 29.45 16.14 20 Utilities

+C bonda 92.70 83.39 49.00-15.03 11 Commodity Index 48.09

144.47

148.28 144.73 145.87 1.29 už,

29.38

30.00 29.58 29,77

N UP

20.80 00.00

21.08 20.00 0.02

00.21

13 up 21 07

unquoted

Union Waterboats; $9.

Business Dono:-$30,000 shares.

Providents (Old), $3).

$120)"

33.65

$3.45

Constructions, sij.

121

Vibro Piling. $61.

H. K. Govt. 4 Loan. 554

pm.

$116

H. K. Gort. 31% Loan. 19", pm.

14

Marsmans H.K.), 3/3

Consol. Ch. Prov. (Old), $7.30. Consol. Ch. Prov. (New), $8.80.

SELLERS

$8.65

$34

$167

Providents (Old), $3.60.

85.80

H. K. Lands, $38.40.

19.30

H. K. Tramways, $17.60.

Dairy Farms, $26.

Watsons. $1.40.

SALES

Union Insurance, $500 (05.

H. K. & K Wharves, $130.

Providents (New), 3.40.

H. K. Lands. $371.

H. K. Realties, $5.85.

H. K. Tramways. $17.45/50.

Cotton Müb

318

$18

Ewes (S.) ..........................................

$871

806

Bhai Cottons (8.).....

$244

$24

Zoong Sings (8.) .................

$42

$42

Wing On Textiles (8.),

Public Utilities

$17.45 $17.60 17.45/60 ...

$01

$71

·Tramwaya *******

Peak Trams fold).......

18)

380

[Peak Trams (no).......

Saar Farrine

tat

$791

Y'mati Ferries C.E.S

Do

(new)

$25.05 $24.80

Chins Lights (new)...........

$8

H.K. Electrics............

·B80)

$27

30.80

Atoks, .28

24/6

Chins Lights (old)...... $11

$24)

3:4

811 03

38

360)

$28 8:

318

49

Macao Electri

Sandaran Lighta ..........

Telephones (old)........

$0.80 Telephones (new).......

28/3 Tractions ...

Teactions {pret.}

$16 84.10

37.30

$3.80

326

::

! ! ! ! ! !

.:

www...*

| Bopal venozna

Consolidated

China Prov." (old).......

MiscellancoELS

28/3

Industrials

114

Cald., Macg. (Ord) 8.

$14

Cald, Macg (Praf.) S.

$1.70 Canton Ices

Caminte .....................

$1.80 $16.85

$4.10

#7.10

$8.90

$0.90

China Prov. (new)......

...Dairy Farms, j

#251

481

Ch. E'tainments ................. $8.50-

***

Constructions (old).........i) $18.

Constructions (new)..

$8.7 Lane Crawfords......

38

Nanyang Tobacco

$71

37.40

87

877.

H.K. Gort, 34% Loans

87% $106 $1013

350

H.K. Wing On.................

$50.

S'hai Wing On .......

$5

Vibre Filing .......| $6.30

12/.

| Maramans Inv. (Lon)

3/3

Marsmans Inv. (K.K.)

70 ctx | Wm. Powells simu

170 cta.

12

Paris

$5.20Sincere

Watsons: ....

Ch.G.6% 1920.3Bds. H.K. Govt, 4% Logis

"sales to Shanghai

LONDON EXCHANGE RATES

Geneva

Berlin-

New York Amsterdam

Prague ...

Vienna

(British Wireless Service)

August 2

178-3/18

21.44) 12.23

יו

4.89 5/16 8.95-7/8

"141-13/16

August 8 178-25/64 21.39

12.201

Athens

Milan

93 3/16

93

Copenhagen.

Stockholm

19.39

Shanghai

ald

4.90 9/18

8.95-15/16

1421 2261

.070

Hong Cont

Bombay

Montresi

1/2 31/32 1/5 29/32 4.93

Brussels

29.004

4.91 28.921

Yokohama

Sellers

Buenos Aires

18.8 6

Monte Video

204

2-27/32

Silver (Forward)

19-7/16.

19-9/18

19-5/16 19-7/18

31% 1027.

Helsingfors

Bucharest

Silver (Spot) War Loan

DY LONGGE;---

Closing Quotations

Angust 6; 19).

Telegraphic Transfer... 1/2 Bank Billa, on demand! Crédits, months' sight -1/8)

ON SHANGHAI:→→

On demand

ON NEW YORK 1.——

Bank Bills, on-demand 201 Credits, 60 days"" sight 30% ON BATAVIA¦--

Da demand 'ON PARIS

Bank Bills, on demand 1,095 Credits, 4 months' right '1,180

ON BALDON:

On demand...

(no nom

ON SINGAPOR

On demand

63

OF MAILA

JAPAN:

- On demand

ON BANGKOK-

On demand

1061

On demand

INDIA

Telegraphic Trans Bank, on demand

Bank Busing Rate..... 5- River, per, OE

Sovereign Mabes-

109

€1498

us.ips

Amer. Rolling Mill...

21

Amer. Emelting...... 511

Amer. Sugar Ring... 37 Amer. Tel. & Tel.

1414

Amer. Tobacco "B" 90

Amer. Waterworks ... 11k Anaconda Copper ... 361 Atchison, T. & S. Fe. 33 Auburn Motors ...... ** Baltimore & Ohlo... Harber & Co....... 201 Barnsdall 01 Bethlehem Steel -... 80 Boeing Airplane Co. 287. Borg-Warner

Briggs M'facturing - 34) Brooklyn-Manhattan

Trans.

Brooklyn-Manhattan $8 ctm. pi........... Canadian Pacific Case. JI

Chesapeake & Ohio. 33 Chrysler Carpa....... 731

Columbia Gas & El

MONDAY, AUGUST 8, 1938.

PAYNE & CO.

AL

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

New York Commodity

Market

Providents (New), $3.421.

Raubs. $9.70.

Venz. Goldfield, $3.

H. & S. Hotels. $6.85.

H. K. Lands, $38.

STOCKS

Adams Express Alleghany Steel Co. 19

H.K. Lands, 4% Debentures. $107. | Allis Chalmers......... H. K. Tramways. $17.45.

523

Amer. Can

Peak Trams (Old), $84. Yaumati Ferries (Old), 5243.

Yaumati Ferries (New), $24. China Lights (Old), $11:05: China Lights (New), $8. H. K. Electrics $60).

Cements. $16).

H.K, Ropes, $4.10.

Watsons, $71.

Amer. & For. Power Amer. & For. $7 p. 21

22+ Amer. Locomotive Amer. Metals .........

352 Amer. Radiator...... 16

1011 41

'103

151"

D

Last Sale August 5 6 117

.

197

321

32 * 311":

81

100+

Columbia 8 "A" pr. 63* Commercial Credit... 491

Commonwealth & 8 14 14 Cuinmonwealth & S.

391

Consolidated Edison 281

Consolidated On

101

Continental Can Continental Of Corn. Products

481

.352

891

Curtiss Wright (C.). 57 Curtiss Wright "A" 241 Distillers Corpn. Bea-

grams

171

Douglas Aircraft... 511

Du Pont

1311

Eagle Picher Lead 101 Elec. Band & Share Elec, Bond.. & Share

$5 pf Elec. Bond & Share

$6 pt. Elec. Power & Light

$1 pf. Flatkote

#1

52.

57

⠀ ⠀ @ g* = * × = = = ¢ q=#5#***€88¶⠀ ⠀ 8-88*** $8¤*98** ==== = =

STOCKS

Great Western Sugar. 272 Greyhound

Last Sale! August 58

274

(THROUGH REUTER'S SERVICE)

Corpo 171 171

New York, August €.

Prev. Today's

High Low

Hecker Products Lat. Nickel ..........

Close Close Change,

8

511

514

New York Cotton....... October

8.13

8.42 8.38

8.43

.01 up

lat. Tel & Tel.

91.

91

New York Rubber

Sept.

16.06 close

Kennecott Copper ...

421

431

Chicago Wheat

Sept.

Libbey-Owens- Ford

Glass

Chicago Corn

Sept.

474

50

Winnipeg Wheat

October

65 54:

12+ 744.

631

642

647

up

523 541 731

53 741

11 of

4 up

Lockheed Aircraft Loew's Inc.

151 151

501

501

Martin, Glen L..... 251

Rob- McKesson &

254

bias. $3 pf. 344. Monsanto Chemical 95 Montgomery Ward... 491 Nat. Dairy Products 16 Nat, Distillers

341* 961

NEW YORK COTTON October December

Close

Opening

Closing

Change

8.42/42

8.40/39

8.43/43

01 up

8.50/50

8.48/49

8.49/52

01 0

491

January

(1939)

8.51/51

8.50/49

8.51/51

unch.

18

281

28.

March

{

8.55/55

8.55454

8.57/57

.02 up

Nat. Power & Light

May

(

... 8.59/59

8.58/57

8.83/63

.04 up

ཇཱ་

7

Nat. Supply Corpn. 191

July

1 }

8.82 N

8.50/60

8.65 N

.03 up

194

New York Central ..

20

201

Spot

... 8.52

-8.53

* .01 up

LA

"N. America Aylation 104

101

North America Col 211

NEW YORK RUBBER

211

orthern Facthe... 137 Pacific Gas & Elec

131

September

211

271*

December

16.06/08 16.19/20

CLOSED

Pacific Lighting

391

391

March

Packard Motors

51

Paramount Pictures....101

101

May

*.. 16.26/27 18.31/31

Pennsylvania: R.R....

214

221

CHICAGO WHEAT

Phillips Petroleum ...

43

431

Public Service of N.J.

301

311

Pure Oll

12

121

September December

832/647 *65/641

*** *** ***

Radio Corpn. of Am.

61

T

May

601/661 081/697

-662/861

841/65 661/66% 691/691

up

BB B

Republic Steel.....

191

191

Friday's Sales:-

32,920,000 bushels.

831*

Reynold Tobac. "B" Schenley

43 491

20

201

CHICAGO CORN

Schenley. 51% pfd... 744*

743*

Sears Roebuck

741

749

September

544/54

54/54

53/521

Shell Union Ol

171

173

December...

512/513

513/511

51/501

Socony-Vacuum Oil

151

15%

May ...

... 54/537

53/521

1 off OF ott

Southern Pacific

20

204

Southern Rly $5 pfd.

19)

20

WINNIPEG WHEAT

Standard Brands

8k

81

October

Stand Gas & Elec.

4"

December

737/74 721/73

744/733

741/741

*3/13

721/73

up unch.

Standard Ofl of N.J

571

571

Stone" & Webster

May

751/754

757/76

I up

101

104

Swift

International 281

28 *

NEW YORK STRAITS TIN

Technicolor

243

25

Texas Gult Bulphur 361

37+

September

43.70'N

closed

20th Cent. Fox, Fims 251

251

NY Silver, Official ...

42-3/4

uaquoted

133

do. Films på.

34

33 *

NY-L'don Cross Rate... 439-5/8

4.89-7/16

Union

Carbide Carbon ....

&

847

841

Union Facinc

85

88

United Aircraft

281

!

281

United Airlines Trans

97

91

United Corpn.

3

3.

United Corpn... $3

401

41

23+

231

cum. pl. United Gas Corpn.

313

32+

4

41

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

Gen. America Trans Gen. Electric

491

50

Un Gas Tprovem' 104

104

427

431

1.6. Rubber

181

407

Gen. Motors ..........

451

471

US. Rubber pt. ......

831

83

as

Gen. Railway Signal 213

23

U.S. Steel

614

821

Glidden Co. ........... Goodrich (B.F.) Goodrich $3 pf." Goodyear Tire & Co. Great Northern Iron

241

241

Vanadium

#201

20+

25

251

Warner Bros. Pict... ^-81

SPOT..

591

597

Westinghouse Elec. 1043

106+..

OCT.-DEC....

291

293

Ore

134

131

Great Northern Rly. 231

23+

* ex div.'

Woodward Iron Cor. 194 20 Chase. National EL. 324*

331* National City Bank 281* 263* Call Money

10% 1%

• bld

SINGAPORE RUBBER -

August 5

August 6

buyers

...... 25-3/4

sellers

20

buyers

26-3/8

27

24 26-7/8 27-1/8 26-5/8 27-1/4 27-1/2 27-3/4

sellers

26-1/4

change

up 1/4 up 1/2.

Star Ferries, $8.

Telephones (Old), $28.80.

Vibro Filing. $6/61.

Consol. Ch. Prov: (New), $6.80.

(Prices below in Phil. Currency)

Antamoks, .381

Bagulo Gold, 21

Benguet Consol, 11.20.

Coco, Grove, .41

Consolidated Mines, 0045.

San Mauricio. .49

Paracale Gumaus, .12

Suyod Consol, 17 United Paracales. 32

THE EXCHANGE

MARKET -

MESSRS. ROZA BROS.

Silver prices dropped 1/8 yes- terday for both deliveries, the quotations being 19 3/8)for Ready and 19 1/4 for Forward, Saver advices reported the market being steady. India sold to small extent. Later India was a small buyers at the quoted rate. sellers bid 1/18 higher. American Silver was quoted at 42 3/4 for Spot.

The London/New York cross- rate was quoted at 489.37. New York/London was quoted at 489 5/8.

Steady.

MARKET

STERLING

Some business was reported at Septem- 1/3 Cash, August and ber. The market closed with sel lers at 1/3 August, September and 1/2 31/32 October-December, buy- ers at 1/3 1/32 Cash/Sept. and 1/3 December, possibly November U.S. DOLLARS

Sellers at 30 9/16 August/Sep- tember and 30 1/2 October/De-

"cember, buyers at 30 11/16 Cash

August and 30 5/8 October,

SHANGHAI DOLLARS

"Bellers 187.

6% cum pt.

SHARE MARKET REVIEW

MARKET EASIER

(BY C. A. L. RICKETT). Member-Secretary, Hong Kong

Sharebrokers' Association The market, has been very quiet during the week and the under tout rather easier. Owing to the Far Eastern political situation à feeling of uneasiness prevails and buyers were, inclined to adopt a SHANGHAI MARKET

"wait and see" attitude pending a Sterling, sellers at 84 USS clarification of the outlook. Con sellers at 16 1/4.

sequently prices were a shade easier although there was very ittle activity to sell. At the close NOTE CIRCULATION of business, however, the under- tone Is ateader and there are en-

Returns of the average amount

of bank notes in circulation inquiries for the more popular stocks

at the lower price levels, Hong Kong, during the month ended July, 31, 1938. as certided by the Managers of the respective

The volume of business trans acted showed a reduction on that reported for the previous week. Banks are:—

Trams remained unchanged at Chartered Bank of In- dia, Australia and

$17.45. Hotels give way slightly. china

.................$ 22,184,820 and changed hands at $6.65, but later had buyers it $8.70. - Lands, HK and 8'hal Banking

Corporation

210.298,368after touching $39 were wanted at Mercantile Bank of In- dia. Limited........

Total

$236.956,591

AWAY FROM WORK!

AND FULL PAY FOR TWO WEEKS!

Paria, August 16. The industrial suburbs of this city were the scene of a wholesale exodus yesterday as over 300,000 metallurgical workers left for the country and seaside for a fortnight vacation with full pay.

JAN-MARCH

up 1/2 Influenced by very steady conditions prevailing in London and New York the market opened 5/8 of a cent higher for forward op tions as compared with Friday's closing rates.

Throughout the sesalon the market displayed a firm undertone. Demand for "spot" Rubber was very good whilst dealers and specula- tors were large buyers of forward positions due to expectations of increasing tightness in actual Rubber caused by recent heavy sales by Chinese dealers due to the tense Far Eastern political situation. Proft-taking at quoted rates was easily absorbed by trade buying and on further persistent general buying sellers became very scarce. In view of this fact it was very difficult to arrange business except at a substantial premium over quoted rates. Considerable · relaxa- tion of the political tension both in Europe and the Far East, the encouraging action of the security markets in USA. as well as in- creasingly better prospects for much improved business activity, par- ticularly in USA, combined to bring about an optimistic sentiment with zagard to the future trend of the Rubber market.

After business having been reported as high as 28-1/8 cents for for January-March options and at correspondingly higher more distant deliveries the market closed with a steady undertone.

LONDON RUBBER

This step which the Trade Unions are heralding as a Marxist victory, was agreed up by all me tallurgical industries of the Paris region and since the early hours of 8 POT this morning special trains have OCT-DEC. left the Paria stations in steady JAN-MARCH procession, bearing the vacationists principally to the Atlantic and Mediterranean coast.

It is announced that $50 special trains departed today with about 150,0000 workers and their families,

The Paris suburb, Boulogne- Billancourt, which is the home of the Renault and Citroen works, deserted. (Transocean).

$384. Providents remained inac-prem, to 81 per cent prem ex in- 4.493.403 tive at $3.55 for the fold and $3.45terest for the half year ending 31st China Lights" "(o)" were for the new shares: Star Ferries, July. after coming to business at $791 wanted at 11 with business re- Wharves were to $80. falled to and further ported at $11.10. buyers. Electrics remained dor-offering at $1294 but falled to at- The figure representing the mant at 4801, and Cements eased tract investors at this figure. Cold average opening selling rate for off to $161 with buyers at this mining stocks remain unchanged- the month of July, of the Hong price. Realties were wanted at and very little interest has been Kong and Shanghai Banking $5.80 but business did not materiahown in this market during the Corbaration for demand drafts on alize. Hong Kong Govt. 4 per cent week. A quiet market is reported

Loan changed hands at 6 per cent from Manila at the close. London is settled at 14:08.“

Market closed.

Previous close

Today's close

buyers sellers buyers

sellers

chang

7-13/18 7-7/8, 7-7/8

CLOSED

7-11/187-13/18-

The average forecast of last week's stacks of rubber in London: and in Liverpool shows an increase of $50 tons.

NEW YORK COTTON

Trading was early inactive, following on easiness in ziverpool and contracts, which were comparatively scarce, were taken up at low levels by domestic and foreign interests. Later, the armness of se- curities made for more stability and prices recovered on the impres

vers, however,: sion that the market had been well liquidated. were cautious, but prices closed steady.

Market closed.

NEW YORK BUBBER

CHICAGO WHEAT

The market opened upward on stronger advices from other mar- kets, but thereafter eased on satisfactory Spring wheat conditions and favourable foreign crop hews. Latterly, there was a recovery 'on professional buying, following the up-turn on the stock market and the tone turned relatively steady,

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