PAGE 12-HONG KONG DAILY PRES!
DAILY SHARE QUOTATIONS "Hong Kong Stock Exchange
Sharebrokers' Association
THE EXCHANGE MARKET
NEW
FİNANCE
YORK STOCK EXCHANGE
Burrelle Sales Nomina
TUESDAY, AUGUST 9.
Buyers Solleta Sales Nominal
Banks
[eum.d.] $1,470 H.K. Banks
£8a for div.
Do, (London).
£139
£୪
Chartered Banks ........ Mercantlle Bks "A"
ex.div. 31,470 ex.div. ET
Bist £28
£13 Mercantile ak 10
£130
888
+
$9.70 $3
Kailane
Mining
Venezuels, Cold Vids.
74. cta. Hong Kong Min......
Docks, Wharton,
Godowns, sie.
Ratba.
$124
H.K. & K. Whirrus.......
$1293
$31 $3.40
Providenta (old).........................
$31. $3.40
MESSRS. ROŽA BROS.
Silver prices dropped 1/16 yes- the terday for both deliveries. quotations being 19 3/8 for Ready and 19 1/4 for Forward. Silver advices reported India as having The market operated both ways.
was steady. Later the market was firm. American Säver was quoted at 42 3/4 for Spot.
The London-New
rate was quoted at 488 3 1. New Work-London was quoted at 488
STERLING
188
Bank of East Asia...
N. C. & 8. Backs.....
Insurances
***
$2
1230
$135
Canton Yosura.com..............
$500
Union Insurances .................
$500
1/8/
$8
Underwriters......
18
MÄRKET
$206
H.E. Firss mu
10
Stagnant.
Shipping
182
Dongle
$75
#214 Steamboats were
$211
$60
Indo-Chinas (Prof.)....
124
Indo-Chinas (theJon
91/10
Shells
$24 01/10
Waterbonis .........**
10/-
16/3 29.70
No business was reported. There were sellers at 1/3 August-Sep- tember, possibly October and 1/2 31/32 November-December: buyers at 1/3 1/32 Cash-September and 1/3 December.
U.S. DOLLARS There were sellers at 30 1/2 August-September and 30 7/18 October-November.. buyers at 30 9/16 Cash-September and 30 1/2 November.
1938
(Through Reuter's Service)
QUOTATIONS
High Low Dow Jones Averagos 145.87 98.95 so Industrials
33.77 19.00 20" Raile
Last Sale
STOCKS
August 6 8 Adams Express
121 12 Alleghany Steel Co. 191 "531 Allis Chalmers ........
103 Amer. Can......... Amer. For. Power Amer. & For. $7 pf. 213. Amer. Locomotivė... Amer. Metals
Aug. 8.
Aug. 1938. High Low Close
Chang
145.87
145,89. 143.75 144,83 1.34 off
29.77
30.00 19:40 29.80
.17 of
99.65 18.14.20 Utilities
20.83
21.20 20.37 20.77
.18 off
99.70 83.39 40 Bonda
90.91
49,00 45,03 11 Commodity Index unquoted
90.01 47.05 Business Dono:-910,000 shares.
20 off
York cross-
STOCKS
Last Sale August 6 8
Great Western Sugar 273
181 52 1031
Greyhound Corpo
171 17.
Hecker Products ...
8
71
Int. Nickel
511
31
WEDNESDAY, AUGUST 10, 1938
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
44
4)
fat. Tel. de Tel.
ફર
91
New York, August 8.
201*
Kennecott Copper.
431 421
223 223
Libbey-Owens- Ford
36
361
Class
50
491
3.45/471...
Providenta (Dew)...................
$21
HI
121 $10
H.K. & W. Docks....
Do. (e)-
f
$20
SUANGHAI DOLLARS Sellers 186 1/2. buyers at 187 Atchison. T. & S. Fe. 1/4.
Amer. Radiator, Amer. Rolling Mill, Amer. Smelting Amer. Sugar Ring... Amer. Tel. Tel Amer. Tobacco "B" Amer. Waterworks... Anacoïda Copper
157
15)
Lockheed Aircraft 157
217
# 21
Loew's Inc.
51
501
Martin, Glen
153 501 491 25
New York Cotton New York Rubber
October Sept,
Chicago Wheat
Sept.
241
Chicago Curn ....
Bept:
274
263
McKesson &
Rob-
Winnipeg Wheat".
October 732
Prev. Today's High Low Close Close Change
8.47 8.15 8.43 8:26 17 of
18.00 16.15 10.11
18.10b 04 up 642 821 647 62
53 501 52 491
711 #741 71)
24 o
24. of 200
1421
143
bins, 13. på..
34435
91.
901
Monsanto Chemical saj
97}
!!
11.
Montgomery Ward... 494
481
371
361
Nat. Dairy Products 61,
15%
39
373
Nat Distillers
NEW YORK COTTON
28
251
Auburn Motors .......
41
41.
Mat. Power & Light 7
61
October
Close
8.43/43
Opening Closing
8.41/42
Change
8.26/28
.17 Of
$107)
$0.70 $5,85 $38
$197 Bhanghai Dooks B...... $3.90 Nov Engineerings 9.
Lands, Hotels, and Building
H. Hotels
H.K. Lands....8.
Do. 4% Debentures
$125
14
SHANGHAI MARKET Sterling. sellers 8d. U.S.$. sel- Barber & Co. lers 16 9/32.
Baltimore & Ohio
94
91
Nat. Supply Corp. 19%
101
December
8.49/52 8.50/49
8.37/37
12 off
21
201
New York Central ..... - 201.
191
January (1930)
8.61/51
8.51/52
8.36/36
.15 off
201
19
Barnsdall OL
+
Bethlehem Steel
601
594
IN THE AFTERNOON
$6)
$38
.afternoon.
$107A
STERLING
$5.85
$8.40) Shanghai Lands 8.
H.K. Realties -
$9,35 Humphreya'......................
1100 Chinese Ratatos...............
63.80 $9.30
"64
Cotton" Mill
$18
118 Ewos (S.)
-587)
$96
S'hai Cotton (S.).....
ber.
394
Zoong Sings (8.)......
$12
842
Wing On Textiles (8.)
Public Utilities
$171
3171
Tramways
80)
Peak Trams (oid)............
10)
Peak Traças (new}..............
exdiv. $78
Star Ferrion
mati Ferrian C.R$
394
Do.
(new)
$24
#11 15 $11.30 112/30]
Chias Lights (old)....
siit
39
China Lights (new)..............
$60
1601
$18
Msemo Electrics...... Sandakan Lights.
$26.8 Telephonse (shd)..
$0.80 Telephones (new)..............
H.K. Electrica...........
880
$27
26/3 Tractions ------
$9.80 24/6
26/3
Tractions (prel.)
Industriali
$14
Cald, Macg (Ord) 8.
The market was quiet in the Boeing Airplane Co.
The market closed with sellers at 1/3 August-September, possibly October and 1/2 31/32 November- December.
buyers at 1/3 1/32 Cash-September and 1/3 Decem-
·US. DOLLARS The market closed with sellers at 30 1/2 August-September and 30 7/18 October-November, buyers at 30 9/18 Cash-September and 30 1/2 November.
H. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
Trans. ....... Brooklyn-Manhattan
281
231
N. America Aviation 104 North America Co. 313 Northern Paciác...
March 104
.)
... 8.37/57
8.56/58
8.40/41
17 of
211
May
{
"}
8.63/83
- 8.59/59
8.43/43...
20 off
137
137
July
.
}
8.65 N
8.52/62
8.40 N ..
19" of
321
321
Borg-Warner
Pacific Gas & Elec. 271*
271
Spot
8.53
8.38
17 Of
f
Briggs M'facturing.. Brooklyn-Manhattan
351
348.
Pacific Lighting
391
39
Packard Motora
51
51
"NEW YORK RUBBER
118***
111
Paramount Pictures 102
104
I
Pennsylvania R.R....
September
16,06/08
22-1
217
$6 cum. pl. Canadian Pacifc Case J.I..... Chesapeake & Ohio Chrysler Corpn....... Columbia Gas & El Columbia 8% “A” pi
32 *
31
Phillips Petroleum... 434
December
16.19/20
16.15b 16.37/39
16.10b 16.28/30
.04 up .09 up
421
7
81
Public Service of NJ, 31
311
March
16.28/21
16.42/43
99
93
Pure Oil....
12
114
May
16.31/3L-
16.35b/39ä 16.43b/478
.09 up
12 up
+
33132
Radio.Corpn. of Am.
#L
72
743
73.
Republic Steel
+<
191
191
71
71
Reynold Tobac: "B" 43
.637*
617*
Schenley
201
197
Commercial Credit..... Commonwealth & 8.
50
492
Schenley, 54% pfd...
743*
76
13
14
Sears Roebuck.....
743
Commonwealth & 8.
Shell Union Ol
171
39)
371.
8% cum pi.
Socony-Vacuum Off
151
Consolidated Edison 231.
281
Southern Pacific
201
Consolidated On
101
101
Southern Rly $5 pfd.
20
Continental Can
461
401
Standard Brands ...."
81
Continental Oil
351
35
Stand Gas & Elec.
41*
691
$94
Corn. Products
Standard Oil of N.J.
5732
Curtiss Wright (C)
31
51
Stone & Webster
107
241
237
Curtiss Wright: “A"
Swift International 28**
Distillers Corpo. Sea-
Technicolor ·
25241
grams ......
183
163
Texas Gulf Sulphur 374
Douglas Alrcreft
511
51
20th Cent. Fox. Filma 25%
$14
Cild. Macg. (Praf.) 8.
$1.70 Canton ices
$1.80
$18
17
$6.80
#:
$35.90
6.90/96
$25+
#11
Cements
$4.10 Bapos
Consolidated
China Prov. (old).......
China Prov. (DoW)................
Miscellaneous
Dairy Farmanere
Ch. Etainments 88.56
Constructions (old)......$1!
Constructions_(new)........!
$8.70 Lane Crawfords........
Nanyang Tobacco
116,85
3430
There were further enquiries for shares in a steady market but with little response from holders. BUYERS
Du Pont........
1331
132
do.
Films pf.... 33 *
Eagle Picher Lead 11
11
Union Carbide
&
Elec. Bond & Share
8
81.
Carbon
814
Elec. Bond & Share
Union Pacinc
86
37.00
፧፧
HK. Bank (Lön.), £881 x.d
$5 pf,
514*
514*
United Aircraft
281
$8.80
H.K. Steamboats, $22).
blec. Bond & Share
United Airlines Trans
91
Union Waterboats. $9.
$6 pf.....
563
581
United Corpn.
3
$25!
Providents (Old), $34.
Elec. Power & Light
United Corpa.
$3.
Providents (New), $3.40. Raubs, $9.70.
$7 pi.
41
401
cum.. pí.
*321
231
United Gas Corpn. 41
- # - - Z = = = = * EGZE82 888*~ --
431
Sales for the day:-
CHICAGO WHEAT
2.500 tons.
September
843/85
742
174
December May ...
.......
667/681
641/641 301/661.
621/621
21 off
84/611
21 of
697/691
871/671
"2 "off
154
Saturday's Sales:-
21,545,000 bushels."
201
194
CHICAGO CORN
September
53/521
521 521
50+/50
27 of
444
December
51/501
501/051
-482/48)
21 off
574
May
53/527
50+/501
24 off
101
272
WINNIPEG WHEAT
371
251
October December
742/741
731/134
711/717
24 of
721/73
721/72) 701/701
331*
May
757/76
73+/731
21 off
851
28/
93
21
NEW YORK STRÁITS TIN
September
43.70 N 42-3/4 NY Silver. Omecial...... NY-L'don Cross Rate... 4.89-7/16
43.20b/75a 43,65 Nom.
42-3/4 4.58-1/8
311
4
Venz. Goldfield, $3.
Gen. America Trans
50
50
Un. Gas Iprovem't 10
103
H. and S. Hotels, $6.70,
Gen. Electric
$2.20 8:ncores
HK, Lands, $38.
Gen. MotorS
$7.40 871
|7,40/60|
Waison ...
$7.30
BT/
Ch. G.5% 1925G.Bds,
H.K. Gort 4% Loans | 8106)
144
E.E. Gort. 31% Lonne
$1011
H.K. Tramways, $17). Peak Trams (Old), $63. China Lights (Old), $11.15.
Gen. Railway Bignal
Glidden Co...
Goodrich (B.F.)
$80
H.K. Wing On.....
$50
China Eight (New). $B..
Goodrich $5.pf.
S'hai Wing On
H.K. Electrics, $801..
Goodyear Tire & Co.
$6.35 Vibro Piling
$6.40
29
12/43 Maramang Inv. {Lon.]
Maramanı Inv. (HK)
70 ate, Wm. Powell
orgales to... Shanghai
LONDON EXCHANGE RATES
(British Wireless Service)
Cements, $164.
Great Northern Iron
Dairy Farms, $25,20.
Ore.....
70 'cta
Watsons. $7.40.
Great Northern Rly. 23)
Constructions, $14.
París
Geneva
Berlin
Athens
Milan
178-25/64 21.39.
August 2
'August 5
178-3/16 ..
21.441 12.23
12.201
93 3/16
93
19.391
314
4.90 9/16
8.95 15/16
4.89-5/16 8.95-7/8
1421
2261
Bucharest
670.
Hong Kong
1/2 31/32
Bombay
Montreal
1/5 29/32 4.93
29.001
28.921
Copenhagen
Stockholm
.Shanghai New York
Amsterdam
Vienna
Prague Helsingfors
Brussels
Yokohama....
Sellers...
Buenos Aires
Monte Viddo
R10
3ilver (Forward)
Silver (Spot) War Loan
OF LONDON:-
141-13/16
18.8 64
204
2-27/32
19-7/15.
16-5/16 *10-7/18
19-9/16
2.34% 102%.
Closing Quotations August 9, 1948.
Telegraphic Transfers Bank Bills, on demand. Credits, 4 months' night 1/3)
ON SHANGHAI 2000'
On demand
ON-BINGAPORE:→→→
170 now,
ON NEW YORK:-
Bank Bills, on demand 301 Credits, 80 days' sight 201 ON BATAVIA:-
65
ON PARIE:
ON SAIGON:-**
109
On demand
Bank Billa, on demand 1,095 Credits, « months' sight 1,180
On demand.
On demand
ON MANILA
J JAPAN:
On demad
ON BANGKOK-
On demand
1062
On demand
Telegraphic Tracster... Bank, co demand
Sovereign Hotes
`Bank Büying Bato.......
Zar q{{vaɛ BEE AVE
1408
1/2-1/16 101
H.K. Govt. 4
Loan, 51% pm.
H.K Govt 34% Loan, 14% pm. Marsmans (HK), 3/3
Consol. Ch. Prov. (Old), ST.
Consol. Ch. Prov. (New), $6.80.
SELLERS
H. and S. Hotels, $64.
H.K. Realties, $5.85.
China Lights (Old), $114. Watsons. $7,50.
SALES
R.K. Steamboats, $22.
H.K. Lands. $381.
PHILIPPINE
MINING NEWS CAGAYAN IRON Company, Inc.
cam
is studying plans whereby its capital stock
be Increased from P50,000 to P1,000,000 in order to continue exploration and de-.
HK. Govt. 4% Loan, 6/61% p.m.velopment of its fron property "in Consol., Ch. Prov. (New), $8.90/
5.95.
(Prices below In Phil. Currency)
Antamoks Pa., .39 Atoks, 29
Baguio Gold, 21 Benguet Consol.; 11.20 Coco Grove, 43 Consol. Mines. .005 Demonstrations; 28 San Mauricio, 49 Suyoc Consol. .17 United Paracales, 314
A,K. SHAREBROKERS'
ASSOCIATION
BUYERS
Entertainments. $6.55, Watsons. $1.40. Constructions, $14. ́ China Lights (New), $8. Govt. 4% Loan, $105. Antamoks, 63 cts.
SALES
Hotels, $6.70.
REICHSMARK QUOTATIONS
Berlin, August 9, The Reichsmark was quoted, without guarantee, as follows:--
New York, 40.1175.
Paris, 1461.5.
Amsterdam, 73.40.
London, 12-20.
Camalaniugan, Cagayan and to meet any possible obligation that may hamper its future activities.
Rosendo Subido, acting manager, said that although it takes time to work for the increase capital stock of the corporation, it is the most effective way to raise funds to re- sume its operation.";
less
than six
PUPPET BANK
MOVE AGAINST HANKOW NOTES
Pelplot. August 8. Despite the fact that the Provisionai Government in February stated that Centrál Government bank notes would be allowed to circulate for one year at par with notes of the Federal Reserve Bank an order Issued yesterday states that, as from today, such, notes must circulate at 90 per cent. of their face value.
"
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
August 6
seilers, buyers
26
28-1/4 28-7/8 27-1/8 27-1/8 27-3/8 27-1/2 27-3/4 27-3/4 28
26-1/4 28-1/2 UD 1/4
up 1/4 The market opened with prices unchanged for all deliveries as
compared with Baturday's closing quotations.
Throughout the day the market ruled quiet due to the Rubber)
Exchanges in London and New York having been closed on Saturday
last. Although demand for "spot", Rubber was fair, dealers and speculatora maintained side-line positions, preferring to await further
developments before entering into engagements on a larger scale.
After some business having been transacted on basis of quoted rates the market closed with a quiet, but steady undertone.
Shipments of Estate, and Natiye Rubber from the Dutch East indies during July amounted to 35,681 tons, showing an increase of about 10,000 tons as against June, which it almost entirely attributed to heavier shipments of native Rubber..
SPOT OCT-DEC. *AN-MARCH
The company was authorized by An accompanying explanation the securities and exchange com- states that Federal Reserve notes mission to sell 4,000,000 shares of have appreciated, while Central stock to the public in January of Government notes have depreciat-870 last year and active development ed. and exploration was started on the
It is pointed out, however, that property. After months of active development, even Japanese establishments ac- work was suspended due to financept Hankow notes at par with the cial difficulty.
yen, while Chinese business estab- Bernardo R. Cuesta, mining en-ishments always give five to eight gineer, who examined the property per cent, more for Hankow nictes. of the fam early last year, report- ed that ore float on every claim had been found and that the de- posits can be partially worked by open cuts. Eamples assayed gave values from 58.02 to 80.75 per cent iron, he said,
ORDER IGNORED
The order appears to carry no weight with the Federal Reserve Bank, which flatly re- fused to give "depreciated” notes in exchange for its own currency.
The corporation is owner of 70' claims of nine héctares each in
As a result, dally dealings in Cagayán, eight | Camalaniugati,
kilometers south of Apart port, nave ceased entirely, the Chinese Hankow and Federal Reserve notes and accessible either by land or water transportation: The Caga yan River is reported excellent for transportation. It can be reached by four kilometers road from the
Paris Sterling, 178.38 to 178.42 Paris U.S. Dollar 36.48 to 36.49,
(Transocean), mines.
refusing to part with their in- kow notes at the decréed rate.
The general public is ignoring the new order, which appears to be still-born-(Reuter),
LONDON RUBBER
Previous close Today's close buyers sellers buyers sellers 3-11/18 7-13/16 7-13/16" 7-15/18 7-13/18 7-1/8- 7-15/16 8 7-7/8 7-15/16 8
change
8-1/8"
up 1/8 up 1/8. up 1/8
Moderate business. Market steady. Rubber stocks held in the United Kingdom showed an increase of tona for the week ending August 8, 1938.
NEW YORK COTTON.
Trading early in the session was active. There was some Trade price-fixing which met with increased pressure from liquidation. whilst Liverpool was selling on differences The Government Bureau estimates the crop at 11,988,000 bales, a yield of 217,5 lbs. per acre and condition at 78.8 per cent of normal. The report is larger than had been, expected. The market declined further on feneral selling, including, stop-loss orders. The Trade were the Best Buyers and the market finally rallied on covering by shorts."
NEW YORK RUBBER
The market today reflected the armness of cables from abroad and prices early advanced on demand from Commission Houses Subsequently, the market turned quietly irregular and prices reacted partially in sympathy with securities.
CHICAGO WHEAT
The weakness of coff, beneficial rains in Western Canada and the bearish cotton crop estimate induced liquidation Hedging was very limited. International demand, favourable harvesting conditions and lower corn markets operated against buyers.
437
431
US. Rubber
461
453
477
474
US. Rubber pf...
833
55
23
221
U.S. Steel................. 621 ៥
244
241
Vanadium
201 201
252
25
Warner Bros. Pict....
82
87
591
59 *
Westinghouse Elec. 1084
1043
292
281
Woodward Iron Cor. 20
201
13
14
Chase National Bk. 33;* National City Bank 261*
321*
253*
23
į Cal. Money
tex. div.
1/ 1%
• bid.
.. August & buyers sellers
change
SPOT
OCT-DEC.... JAN.-MARCH ... ...
up 1/4
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