Baaye m
Beitura
Male
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers'
Association
SATURDAY, AUGUST 13.
bollere Muyors
SALT
Nomine!
FINANCE
H.K. STOCK EXCHANGE
NEW YORK
STOCK EXCHANGE
(Through Reuter's Service)
SATURDAY'S OFFICIAL
QUOTATIONS
QUOTATIONS
1938
Aug. 14, 1938.
MONDAY, AUGUST 15, 1938.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
$1,436 £88
£19
Haku
H.I. Beaks an Da. (London)...an Chartered Banks
$1,423
£7 LIN
The market was quietly steady during the short session with very little business transacted.
High Low Dow Jones Averages, Aug. 12 High Low Uloso
so Industrials 145.67 98.95
31.77 19.00 20 Kail:
192.01 7.88
136.91 138.91
27.70 27.40 27.57
Chang
30 off
ill off
BUTERS
22.55 12,14 Au 92.0 81.39 40 Bonds
Utilities
19.02
80.16
£28
Mercantile Bks. "A"
£98
£13 Mercantile Bks. "C"
£13
Hong Kong Bunk, $1,435.
59,00 41.03 11 Commodity alex
43.79
10.9 19.40 19,43 39.07 unquoted
.19 att :69 of
Business Dono:—400,0m: shares.
188
Bank of East Asia ...
$98
Hong Kong (London), £88.
N. C. & 8. Baska.....
#
Union Insurance. $495,
STOCKS
laserances
HK. Fire Insurance, $205.
Last Baie
STOCKS
Last Sale
$230
1725
Canton Insura
Union Waterboats. $9.
Aug. 12 13
Aug. 12 13
$495
$550
Union InsurIAC...............
$2
链
HK. and K. Wharves, $128.
Adams Express
104
101
Great Western Sugar - 261
26+
| Underwriter erkennemen
$236
H.E. Fires .....
$210
Providents (Old), $34.
Alleghany Steel Co.
17)
18
Greyhound
Corpn... 16
161
Shipping
Raubs, $9.70...
Ailis Chalmers ......
43
48
Hecker Productä
71
写真い
$75
$BC
- Dong!anon'
H. and S. Hotels, $63.
Amer. Can
98
96"
Int. Nickel
49
..481
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
ནན་
124
X1/7
18/-
$3
$129 $129
$3
$0.00 $8.80
3381
$228tumbonts ................
180 Indo-Chines (Pret.)....
17 ctr
.
Indo-China (Del.)...... Shells
Waterboats
Mining
Kailan b
Raubs ........
„Venezuela Gold Flds.
Hong Kong Mines....... Docks, Wharton,
Godowns, ote.
H.K. & K. Wherres....... Providenta (old)........
$20 HK. & W. Docks....
Do $194
$1971 Banghai Docks 8..... $3.90 New Engineeringa 8.
Lands, Hotel, and
H.K. Landa.........8.
$107) Do. 4% Dubentures $8.40 Shanghai Lands S. $6.85 H.K. Reities. 39.36 Humphreys .......................
110 Chinese Estates, .............
Cotton Mul
813
HK. Lands. $38.
Amer. & For. Power
31
34
int. Tel. & Tel
B1
BA
301
|-1224
H.K. Tramways, $17.45.
Amer. & For. $7 pt.
181
131*
Kennecott Copper... 391
391
New York, August 13.
Prev. Today's
Amer, Locomotive...
20
19)
Libbey-Owens- Ford
High Low
Close Close Change
91/10
Peak Trams (Old), $63.
$8,10
China Lights (Old) 11.10.
Amer. Metals
331
331
Glass
411
New York Cotton
October 8.23 8.13
8.17 8.13
040ff
Chiha Lights (New). $8.
Amer. Radiator...... 141.
141
Lockheed Aircraft
144
141
New York Rubber,
..... Sept.
15.98b closed
Amer. Rolling Mil.
181
181
Loew's Inc.
Chicago Wheat
Sept.
621 Bh
62
off
:
13
**
$34) Providsats (new)...............
13.40
$201
$191
#125
$4
Buildings
H.K. Hotela
16/0
$9.7u
H.K. Electrics, $60.
Cements, $16.
H.K. Ropes. 341.
Dairy Farms, $251.
Watsons, $7.40.
Constructions. $1.80.
H.K. Govt. 4 per cent. Loan, 5}
per cent. p.m.
Consolidated China Prov, (0), $7,
SELLERS
H.K. and K. Whärves; $1291. "M. and S. Hotels, $6.99, H.K. Tramways, $17,60,
Amer. Smelting.....
પહે
48
Martin. Glen L.
221
221
Chicago Corn
Sept.
521 51
511
511
t up
Amer. Sugar Ring ...
23
231
McKesson &
Rob-
Winnipeg Wheat
October 701
+691
691
691
of
Amer, Tel. & Tel
1401
1401
bins. $3 pf.
3+1
3-11
Amer. Tobacco "B" 861 Amer. Waterworks .... Anaconda Copper ... Atchison. T. & 3. Fe.
801
Monsanto Chemical 911
91 -
91
Montgomery Ward 451
451
334
9:33+
Nat. Dairy Products, 15
151*
NEW YORK COTTON
Close
341
313
Net. Distillers
Opening Closing
Change
24
24
Auburn Motors.......
4
3+
Nat. Power & Light
61
October
8.17/17
8.33/22
8.13/13
0% of
Baltimore & Ohio
81
81
Nat. Supply Corpn. 174.
17
December
8.24/25
8.29/29
8.21/22
.03 of
Barber & Co. .......
187
..18
New York Central... 171
173
January (1939)
8,25/25
8.20/29
8.21/22
.03 off
Barrisdall On
177
173
N. America Aviation
March !
}
8.27/29
8.32/32
8.21/24! .03 of
Bethlehem Steel
55+
541
North America Co. 201
192
May
8.30/31
8:34/34
8.21/27
.03 of
Boeing Airplane Co.
252
251
Northern Pacine
112
113
July
(
8.33/33
3.35/35"
$61
$8.81:
$381 $107)
$5.70
SALES "H, and S. Hotels. $6.60.
H.K. Lands, $38), Star Ferries, $78.
Burg-Warner .........
301
301
Factic Gas & Elec
27
27
Spot
8,27
8.20/29 8.25
.04 o
.02 off
Eriggs M'facturing -
314
311
Pacific Lagning
www.
384
38.
Brooklyn-Manhattan
Packard Motors ......
5.
5
NEW YORK RUBBER
10.
9′
Trans.
Paramount Pictures 91
87
September
'15.96b/18.00a
CLOSED
$8,30
Telephones (Old), $26.80.
Brooklyn-Manhattan
Pennsylvania R.R.
201
20
301
30"
December
... 16.14/16
$18/
444
$18.30 Ewon (8.)
206
S'hai Cottons (8.).....
$24
Zeong Sings (8.)
112
Wing On Textiles (8.)
$17.45 $17.60
862
$87
$241
Dairy Farmis. $25.
(Prices in Phil. Currency)
per cent. pm.
Antamoks. Ps. 39.
s6 cum. pl. ......
Phillips Petroleum
391
391
March
Cadian Pacifie
ât
64
Public Service of N.J.
291
291
Case. J.I......
871
87+
Pure Oil
11
101
May***
16.22b/25a 18:30b/33a
291
291
Chesapeake & Ohio
Radio Corpn. of Am.
7
61
681
$12
Atoks, .32.
Chrysler Corpn.
Republic Steel...
171
17t
CHICAGO WHEAT
61
$34
$78
324
Da
6*
3601
$26.60
Telephones (old)..
$9.60 Telephones (new)......
t3 Tractions ................
Tractions (pref.)
Industrials
now;
China Lights (new).....
I.K: Electrica ............................
$18
Macao Electrica
ફ
Sandaka: Lights.
Public Utilities
Tramways
interes
Peak Trans (old)......
leak Trams (@W}................... Star Forrice
1241'mati Perrins C.R.
China Lights (old)......$11.10
Bagulo God." 21.
Columbia Gas &
Reynold Tobac. "B"
424
413
September
642
531*
$17
Benguet Consol., 11.30.
Columbia 6% “A” på.
Schenter
173
171
December
* 621/62
647/641
617/62 613-641
818/511 64/631
462
467
Coco Grove, .45). ".
Commercial Credit....
Schenley, 54% pfd...
743*
74
May
!.. 67/671
67/581
of of off
43
· 11
$772
Consolidated Miries. 00:45.
125)
$24
**
$1
San Mauricio, 54.
$601
$28.80
$9.00
28/0
19$
195
$1.80
$25)
China Prov. (old).......
1680 China Prov. (Dew)................
PAR
Miscellaneous
Dairy Farms
Cb. E'tainments........
Constructions (old)...........] :12
$8.70 Lane Crawfords......
263
$14
Caid., Micg. (Ord)
$14
Cald., Macg. (Prof.) 8.
$16.40
$165
Comantsin
Ropeskik
24.20
Consolidated
$7.00
$1.70 Canton icebe
::
$0.80
$25+
$0.50
Constructions (new)....
$8
Nanyang Tobacco ..............
81.80
Demonstrations, .27.
I.X.L.. .68.
Paracale Gumaus, 13.
Suyoc Consol., 17.
United Paracales. 32).
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Silver prices rose 1/16 yesterday | for both deliveries, the quotations being 19 1/2 for Ready and 19 3/8 for Forward. Silver advices re- ported the market as being steady with 2 small business done. Speculators bought to a small ex- tent American Silver was quoted at 42 3/4 for Spot.
Commonwealth & S. Commonwealth & 8.
Sears Roebuck
704
692.
Friday's Sales:-
25.994.000 bushels.
.!
Shell Union Oll
16
153
31
36
6% cum pl.
26
253
Socony-Vacuum Cl
148
141
CHICAGO CORN.
Consolidated Edison
Southern Pacific...
178
171
94 91
Consolidated Cil
Southern Ely $5 pid.
17
177
September
431
Continental Can
Standard Brands
77
73
December
514/511 43/481
514/51
48/471
511/511 461/48)
up
up
314
32
Continental Ou
Stand Gas & Elec.
31
31
May
51/51
511/511
up
681
63
Corn. Products
Standard Oil of N
53.
531
51
Curtiss Wright (C)
Stone & Webster
91
9
WINNIPEG WHEAT
221"
Curtiss Wright "A"
Swift International 261
281
*221
221
October
69+/691
691/691
691/591
i o
Distillers Corpn. Sea-
Technicolor
151
15t
grams
Texas Gulf Sulphur 35
35
December
681/681
68/689
881/683
† of
·471
47+
Douglas Aircraft
1231 1221
20th Cent. Fox. Films 231
24
May
71/711
711/71
unch.
Du Pont
do. Films pf....
321"
321
91
92*
NEW YORK STRAITS TIN
Eagle Picher · ́Lead
Union
11
71
Carbide *
Elec. Bond & Share Elec, Bond & Share
$5 pt. Elec. Bond & Share
$6 pf.
Carton
80
793.
September
43.00 Nom.
Closed
Union Pacific
98
36
NY Silver, Official
42-3/4
42-3/4
50
50
United Aircraft
271
261
NY L'don Cross Rate... 4.87-1/4
4.87-5/16
United Airlines Trons
9
$
55
53 *
United Corpn.
21
24
Elec. Power & Light.
$7 pl.
United Corpn.
$3
36
35
cum. pt.
301
30;
Flintkote
203
201
United Gas Corpn.
32
33
Gen. America Trans
481*
48
Un Gas Iprovem't.
10
10
4
Gen. Electric
40
393
U S. Rubber
424
421
$2.20 Sinceres
$21
$7,40
Watsons .......
$7.40
66 .
Ch.G.5% 19250.8Bds.
86+%
The London-New York cross-rate was quoted at 487.31. New York- London was quoted at 487.1/4.
Gen. Motors
441
441
U.S. Rubber pt.
84
851
Gen. Railway Signal 191
181
U.S. Steel
57"
551
Glidden Co.
221
22
Vanadium
181
181
H.K. Gort. 4% Loans 8105
11pm H.K. Gort. 31% Loans
31011
MARKET
Goodrich (B.F.)
223
221.
Warner Bros. Pict
54
B
$20
H.K. Wing On-
360
Market duli,
Goodrich $5 pt...
551
1564
Westinghouse Elec. 981
971
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
S'hai Wing On ... ... | 354
Goodyear Tire & Co.
261
26
Woodward Iron Cor. 16)
184
STERLING "
$6.55 Vibro Piling
$5.40
Great Northern Iron
11/10|| Maranos Inv. (Lon.)
Ore
12
121
Great Northern Rly. 201
201
Chase National Bk 31j* National City Bank 244* Call Money
311*
241*
1%
1%
SPOT
170 ct.
t ex. div.
• bid.
OCT.-DEC.
JAN.-MARCH
August 12
buyers
sellers'
August 13 buyers sellers
change
26-3/8
26-5/8
27-1/8
27-3/8
27
27-3/4 28
28-1/4 26-1/2
27-1/4 27-5/8 27-7/8
aft 1/8
of 1/8
of 1/8
!!
3/3
Maranasi Tov. (H.K.)
70 cts Win. Powsila,
*Sales to Bhangħal
LONDON EXCHANGE
(British Wireless Service)"
RATES
August 13 178-57/64 21,281 "12.15
August 10
Paris
178-57/64
Geneva
21.33
12.17
Berlin.
Athens
Milan
99
92-9/16
Copenhagen
Stockholm
18.73 8id
4.88-3/16 8.95]
4.871
8.931
1411
1411
226
670
Hong Kong
1/2 31/32
Bombay
1/5 29/32
4.901
4.891
28.991
28.06
Shanghai
New York
Amsterdam
Vienna......
Prague
Helsingfors Bucharest
Montreal
Brussels
Yokohama
Sellers .... Buenos Aires
Monte Video
Rio
Silver (Forward)
Silver (Spot) #War Loan
ON LONDON
18.8 64
18.87
19-7/16. 19-9/18
20: 2-27/32 simsiz?`` 19-7/14.
-19-9/16 31% 1024
Closing Quotations
August 12, 1938.
Telegraphic Transfer...
Bank Billi, on deman} 1/27
Credits, 4 months' sight 1/04
ON SHANGHAI [---
On demand
ON SINGAPORE:
Un demand
JB JAPAN:
UN NEW YORK :~~
Bank Bills, on demand 30 3/16 Credits, 60 days' sight 2011/18
ON BATAVIA:----
On demand................. 65
UN PARIS:-
Baak Bills, on demand 1,095 * Credits, 4 months' sight ́1,180
ON SAIGON:
---
170 nom.
On demand
109
58
ON MARILA
On demand
609
ON BANGEDE:-
On-demand
1001
On demand.
1495
E INDIA:
Tegraphic Transfer... 192
banit o demand
13/16
Bank Buying Rate...... Joe Qlivar, per m
Sovereign Notes
No business was reported. There were 'sellers at 1/3 August-Novem- ber and 1/2 31/32 December- January, buyers at 1/3 1/32 Cash- September and 1/8 December.
U.S.. DOLLARS
Sellers at 30 7/16 August-October
and 30 3/8 November-December. SHARE MARKET
buyers at 30 1/2 Cash-October and
30 7/16 November-December.
SHANGHAI DOLLARS
Sellers 188 1/4.
SHANGHAI MARKET Sterling, sellera 7.31/32. U.S.S sellers 16.5/32.H
CHINA'S WEALTH
OF MINERALS
Recent years have seen steady progress in the intro- duction of modern mining me- thods in China. Even from cursory surveys it, is believed that her mineral wealth is of vast proportions.
China leads the world in the production of tungsten and of antimony, the important metal.es- sential to the ammunition Indus try.
In coal resources she ranks third being surpassed only by the States and Canada.
United
GOVERNMENT TUG
It is notified that sealed tenders quintuplicate, which should be clearly marked "Tender for the supply of a Wooden Single Screw Steam Tug." will be received at the Colonial Secretary's Office until noon of Monday, August 22, 1938.
The fug is to be constructed in accordance with a plan and a Specification which may be obtain, ed at the Office of the Government Marine Surveyor, Harbour Office:
The tug and equipment are to
REVIEW Quiet Market
(BY C. A. L. RICKETT)
Member-Secretary
H.K. Sharebrokers' Association Although there has been little change in prices during the week the market is very sensitive to changes in the Far Eastern Politi- cal situation and the undertone is. uncertain. Business has been on a desultory scale in a dull market. Any shares offering are taken at quotation but buyers fail to display initiative.
CHINA SENDS WOOD OIL
TO RUSSIA
(From Dar Chungking Correspondent)
According to де vernacula press, Russia is patronising Sze chuen's tung or wood of products, following the example of America and other countries.
As the result of the wat closing down Shangbai as a transhipping point this trade has suffered much. Now Hong Kong la'the only outlet.
The market opened with prices unchanged fur all deliveries as compared with Friday's closing rates.
The market displayed a quiet and dull undertone during the session. The encouraging action of the New York Rubber market failed to stimulate buying interest for trade and speculative ac
American easiness of the counts in Singapore, the continued Security-markets inducing operators to await further developments. However, demand for actual Rubber was fair.
Later in the session prices slightly declined by 1/8 cent due to profit taking and some speculative selling."
Closing tone was quiet.
The prospect of a monthly deficit between production and con (sumption of 10/15,000 tons would appear to be now accepted as a positive fact and as reduced shipments and larger consumption are revealed, higher prices should ultimately result, unless the upward trend of the market is temporarily checked by cutside Influences.
In Szechuen, Wanhsien used to be a leading wood off export centre and more than 200 firms were 8. PO. T.... engaged in the trade there, provid-OCT-DEC. ing employment directly and in-JAN-MARCH directly to 200,000 persons.
exported
At the close of business, how- ever, the undertone is steadier and buyers are forced to raise their bids to obtain ihares. Bank
At one time the price was as shares eased and had buyera at
high as $45 a picül but since the $1430. Hotels improved on mo-
start of the war the price has derate buying and were wanted at
fallen at times as low as $15 and $580 with sales reported at this,
less. figure. Trams changed hands at
1937. In
Szechuen $171 and could be obtained at
F $18.60. Cements were wanted at through Wanhalen some 200,000 $181. Ropes at $4.20 and Watsons kilos of wood oll at 57.45, After remaining inactive" for most of the week, Dairy Farms changed hands at $25 and Tele- phones (Old) at $28.80 Steam- boats appreciated from $20). to $231. but later could be obtained at $23. 4
Turning to Gold mining stocks. San Mauricio were outstanding in dull market and improved from 49 ctvs. to 64 ctys. Aloks improv- be supplied of first quality material ed. to 32 ctvs and Coco: Grove to and workmanship to the entire 45 ctva. Apart from these stocks 1/2-1/16 Batistaction of the Government there is little change worthy of
record. Market closed quiet.
Marine Surveyor.
REICHSMARK
Market closed.
LONDON RUBBER
Previous close
Today's close
buyers sellers buyers sellers 7-3/4
7-7/8 7-13/16 7-15/16 7-15/16 8
NEW YORK COTTON
CLOSED.
change
The market early advanced on the steadiness of the markets abroad and on moderate Trade buying, but later reacted on liquida-
favourable weather in the South. New interest WILL generaly on and local selling which was prompted by continued reports of lacking and, though prices rallied somewhat towards the close, the market later again eared on renewed selling.
NEW YORK RUBBER
quoted
Market closed.
QUOTATIONS Berlin, August 13. The Reichsmark was without guarantee at:
New York, 40.10. Paris, 1470- Amsterdam, 73,50. London; 12:1575.
Paris Pound Sterling. 178,88 to
178,92.
Paris US Dollar, 36,89 to 36.70.
---(Transocean).
CHICAGO WHEAT
Prices gradually declined throughout the day on quidation due to unsettled foreign politieal developments and evidences of a tapering-off of interest on the part of buyers. The firm position of corn-futures was a helpful factor and caused a temporary,, Hold-up. of the slow decline, but the market again reacted downward on professional offerings prior to the close.
No comments yet.
Private notes are available after approval.