1938-08-18 — Page 12

Daily Press 孖剌西報 All

Nominal

WEDNESDAY,

Buyer Sellers

Sale Nominal

AUGUST 17.

Banks

HI

H.K. Banks ..

$1,440

Do. (London).........

PAGE 12 HỒNG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Bugun Beliora

-1

{$1,445

144

Sharebrokers'

Association

H. K. STOCK

EXCHANGE

финан

YESTERDAY'S QUOTATIONS

The market continues firm.

BUYERS

Union Insurance, $497). Union Waterboats,” $9.10.

FINANCE

NEW YORK STOCK EXCHANGE

(Through 'Reatery. Service)

QUOTATIONS

1938

High

Low Dow Jones Arorages, Aug. 16

Aug. 17, 1938. High Low Uload Cat

81

Chartered Banks

£137

"218

Mercantile Bk. "A"

£13 198

Mercantile Bil “C”.

£13

$230 $230

Bank of East 'Asin ... N. C. & B. Banka.....

InsuranceS

Canton Insurance

$88

HK. and K. Wharves, $128). H.K. Docks (Old), $20)....... H.K. Docks (New), $19. Providents. (Old), $3.50.

143.87 98.35 su Industrials

1388

32.77 19.00 20 Raile

$7.78

22.50 10.14 u Utilites

19.41

138.38 137.09 133.14 1.48 ap

28,99 $7.86 - 27.98 19,00 19,67 18.80

20 up

..19 ap

92.70 83.39 Bonds

"88.01

59.00 45.03 11 Commodity Index 4.43

88.05 47

.01-

6 up

12

Providents (New), $3),

H. and S. Hotels. $6.80.

Business Dono:-816,000 anares.

1+

$500

H.K. Lands, $38.

STUCKA

Last Sale

STOCKS

Last Sale

Unico InsuTSOCOS D

$2

$2

HK. Realties, $53.

Aug. 15 16

..Aug.

15 10

Underwriters

$910 52074

H.K. Fire

2910

H.K. Tramways, 317.15.

Adams Express

103 11

Great Western Sugar

26 *

Shippitt

Peak Trams (Old), $6).

Alleghany Steel Co.

171*.

173

Greyhound

Corp.

181

$75

180

Douglases

$13

32

Steamboats

Indo-Chinas (Prod.)....

$51

China, Lights (Old), $11.15. China Lights (New), 38.

Allis Chalmers ....................

487

487

Hecker Products ...

7+

7

Amer. Can..............

94

9T

Int. Nickel

481

IN

Indo-Chinas (Dol.}................

324

H.K. Electrics. $802.

Amer. & For. Power

EX

Int. Tel & Tel......

81

89

Shell

BR/D

Telephones (012), $26.80.

Amer, & For. $7 pf. -181

19

Kennecott Copper...

39

"397

$9.10

Waterbosta onosciramar

$9.10

Cements, $17.20.

Amer. Locomotive

20

201

Libbey - Owens- Ford

Mining

HK. Ropes, $41.

Amer. Metals

33

241

Glass

461

18/.

Kall

10/0

$19.

Hanba

!

Blu

Dairy Farms, $25).

Amer. Radiator

141"

147

Lockheed Aircraft

141

Venezuela Gold Flds.

17 cts. Hong Kong Mizes...

Docks, Wharvab,

$3

Watsons, $7.80.

Amer. Rolling Mill...

181

182

Loew's Inc.

461

Constructions. $1.90.

Amer. Smelting...

452

463

Martin, Glen L..... 223

Godowns, ete.

HK: Govt. 4 per cent Loan. 5 Amer.. Sugar Ring... 23

per cent. pin.

23

McKessor & Rab-

Amer. Tel. & Tel. 1404

1401

bins, $3 pf.

341

$1281 $3.80

201

H.K.K. Wharves...

$129

H.K. Govt. 34 për cent Loan. 11 Amer. Tobacco "B" $6

86

Monsanto Chemici

1

$3.60

$19.

$380

3+

10/33

Providants (oid).......................

per cent, pm.

Amer. Waterworks. 101

10.

Montgomery Ward...

45

46

$3,50

$3.50

Providenta (new}...--..

$8.80

1381

$8,85

+

H. & W. Docks....

Do. (a).......... $120 Shanghai Docks B..... 13.00 Now Engineeringa 8.

Lands, Hotsis, and Building

H.K. Hotels

H.K. Landa.........8.

$10) Do. 4% Debentures $8,40 Shanghai Lands 8. H.K. Realties

$0.35 Humphreya ..............

$100

Chinese Eats!

Cotton Mills

10

$201

$1P

$125 14

自内

38.80

**

$4.83

$381 (cum.d.

Stu

SALES

$5.70

*

39.30

-1

H.K. Docks (New), 31917.30.

Consolidated "Ch. Prov. (O), $7.20. Consolidated Ch. Prov. (N), $7. SELLERS

Canton Insurance, $230. H.K. Fire Ins., $210. Watsons, $7.85.

Hong Kong Bank, $1,445. Canton Insurance, $230.

H.K. Fire Ins.. $207.

Providents (Old), $3.80,

Anaconda Copper ...

331

337

Nat. Dairy Products 151

15

Atchison, T. & S. Fe.

341

361

Nat. Distillers .........

241

Auburn Motors...

31

31

Nat. Power & Light

61

Baltimore & Ohlo...

ዩኒ

81

Nat Supply Corpo.

17

Barber & Co.

181.

19

New York Central..

17]

Barnsdall Ol

177

181

N. America Aviation

91

Bethlehem Steel

55

581

North America Co. ·20

Sneing Airplane Co.

261

201

Northern Pacific

111

Borg-Warner

301

311

Pacific Gas & Elec

27

Briggs M'facturing, 311

32+

Facile Lighting

38

Brooklyn-Manhattan

Packard Motors ......

51

Trans.

93

10

Paramount Pictures

91

Brooklyn-Manhattan

Pennsylvania' R.R.... 193

$18

Providents (New), $3).

12

$6 cum. pf.

301

311

Phillips Petroleum

391

09

S'ha Cottons (8.) .....

$87+

H. and S. Hotels. $6.85.

::

842

Zoung Sings (8.) ...............** Wing On Textiles (8.)

$341

Canadian Pacine....

et"

61

Public Service of NJ, 29-

401

291

H.K. Tramways, $17.15/20.

$49

Case. J.L

87

90

Pure Oil

101

517.10 331

[7.15/20

€78

Star

Ferries.

Public Utilities

Tramways ........................... Peak Trams (old)......

Peak Trams (089).................

1

ez.div. 917.15

$78

31:35

38

1601

$61

$26.80

$26.50

$241 Y'mali Ferries C.B.$ 134

Do.

(new) China Lights jold). {China Lights (new).....

1301

$21

811.10

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

$601

818 Macro Electrica .......

Telephones (old).

$9,40 Tolephones (2)............

Fractions................

Sandakan Lights ....

$26.80 29.60 24.6

200

Tractions (pref.)

industrials

314

Cald, Macg. (Urd.) B.

$13

Cald, Macg. Prat.) &

$1.70 Canton Ices

$1.80

17/17.30 ·

Cementa

$17.20 34.40

Bopen

game

-317, 201

*

+7.30

Consolidated Chini Prov. (old;...................

Chins Prov. (new)......"

Miscellaneous

#251

Dairy Farms ..........

$25+

Cb. E'tainments ......] $6.25

Constructions (old)

$1.80

Constructions (now)....

$8.70 | Lane Crawfords.........

Nangang Tobacco

$2.20 Sinceres

$2}

$7,80 | $7.85 7,80/8D

Watsons

Ch.G.5% 19250.#Bds.

67%

H.K. Govt. 1% Lows $105)

H.K. Govt, 31% Logos

$101

350

H.K. Wing Oa

350

B'bai Wing On....... $51

$8.95 Vibro Piling .........................................

11/10)| Marmana Inv. (Lon.)

22 Margnans Lat. (H.K.) 70 sta Wm. Powelli

*Sales to Shanghai

LONDON EXCHANGE RATES

(British Wireless Service)

August 10.

178-57/64 21.284 12.15

36,40

H.K. Electrics. $61.. Telephones (Old), $26.80. Cements, $17/17.20. Dairy Farms, $254. Watsons, $7.80/85.

Consolidated Ch. Prov. (O), $7.20. Consolidated Ch. Prov. (N), $7. (Prices" below in Phil. Currency)

Antamoks. Ps. .39. Atoks. .331. Bagulo Gold, .214,

Benguet Consol., 11.20. Coco Grove, .45). Consolidated Mines,-004,

Paracale Gumaus 13. San Mauricio, 54. Suyoc Consol....17: United Paracales, .32.

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

The price for Ready Silver rose 1/18 to 19 1/2. The Forward rate was unchanged at 19 5/16. Silver advices "reported. Speculators as having operated both ways, India bought. The market was steady. American Silver was quoted at 42 3/4 for Spot.

Chesapeake & Ohio 201

293

Radio Corpn. of Am.

7

Chrysler Corpn. ......

673 Columbia Gas & El. 61 Columbia 6% *A" pt. 631* Commercial Credit... 47 Commonwealth & S Commonwealth & 8.

691

Republic Steel

17)

64 *

Reynold, Tobac "B" 411 Schenley

174

48

Schenley, 51% pfd... 74

#1

11

Sears Roebuck.....

697

Shell Union Oil

181

8% cum pt.

351

353

Socony-Vacuum Oil

141

י יד

Consolidated Edison... 251

281

Southern Pacific

171

Consolidated CI

92

03

Touthern Rly $5 d.

167"

Continental Can

441

443

Standard Brands

8

---

Continental Of

32

33

Stand Gas & Elec.

33

Corn. Producta

68

69

Standard Oil of NJ

531

Curtiss Wright (C.) St

51

Stone & Webster

Cartiss. Wright ““A” 22} Distillers Corps. Sea-

221

Swift. International 261 Technicolor

221

15

151

Texas Gulf Sulphur - 351,

Douglas Aircraft ... 48 Du Pont

126

484

20th Cent. Fox. Films

24

1273

do. Films pi....

324*

Eagle Picher Lead 101 Elec. Bond & Share 7 Elec. Bond & Share

$5 pt.

101

78

Union Carbide &

Carton

781

Union Pacific .......

87 *

Elec. Bond & Share

$8`pl.

Elec. Power & Light

$7 pi.

Flatkote

Gen. Electric

Gen. America Trans

Gen. Motors

Gen. Rallway Signal - 20 Gudden Co.

Goodrich (B.F.)....... Goodrich $5 pf.......

101

170 cta

Goodyear Tire & Co. 26) The London-New York cross-Great Northern Iron rate was quoted at 487.87. New Ore ......

120* York-London was quoted at 423. Great Northern Ris. 20 5/18.

MARKET.

Steady.

4.

Paris

Geneva

Berlin

August 13

178-57/64

21.33

12.17

Athens

Milan

53

92-9/18

Copenhagen

Stockholm

Shanghai

18.79 814

4.88-3/12

4.871

4.961

8.931

""

1414

141

**261

070

1/2 31/32

1/5 29/32

1.501

28.99)

LED+ -23196

New York

Amsterdam Vienna

Prague Helsingfors

Bucharest...

Hong Kong Bombay

Montreal

Brussela

Yokohama

Sellers......

Buenos Aires

Monte Video

Rio.......EOF

31lver (Forward)

Silver (Spot)

War Loan

UN LONDON:

183 81

18.871

20.

2-27/32

19-7/16.

19-9/16

19-7/16. 19-9/16

31% 1027.

Closing Quotations

August 17, 1953.

Telegraphic Transfer... Bank Bills, on demand 1/1

Oredita, 4 months aight 1/3

UN SHANGHAL ***.

On demand-.

SINGAPORE:-

On demand

DA JAPAN:-

On demand

INDIATM Telegraphic Traniter. bank, o demand

170 nom.

UN NEW YORK:-

Bank Bills, on demand 201 Credits, 60 days' sight. 201....

65-5/18

ON BATAYZA:

On demand

ON PARIS:-

Bauk Bills, on demand 1,006. Credits, 4 months' sight 1,180 ON SALOON-

STERLING

There were .sellers at 1/3 August-November and 1/2 31/32 December-February, buyers at 1/3 1/32 Cash-September and

January-February.

1/3

U.S. DOLLARS Bellers at 30 1/2 August-October and 30 7/16 November-December, buyers at 30 9/16 Cash-October and 30. 1/2 December.

SHANGHAI DOLLARS

182 1/2 sellers.

BHANGHAI MARKET Sterling opened with sellers at 8. 3/16 and closed at 8.7/33 for Spot: US$ sellers at the opening at 16: 21/32 and closed with sellers at 16. 23/32.

GAUMONT-BRITISH PROFIT

#

A TRADE BOARD FOR RUBBER

Yet another industry has asked for, and will receive, a trade board. The Minister of Labony gave notice recently of his intention to apply the Trade Boards Acts to the rub- ber-manufacturing trade.

OVERSEAS · CONTRACTS FOR THORNYCROFTS

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

SINGAPORE BUBBER

August 15 buyers sellers

26-1/8 26-3/8 26-3/4 27 27-3/8 27-3/8

August 18 buyers sellers 26-1/8 28-3/8 26-3/4 27 27-3/8 27-5/8

The market opened with prices unchanged for all deliveries as compared with Monday's closing rates.

The market ruled quiet and dull throughout the day. Demand for "spot" Rubber was only moderate whilst dealers and speculators maintained side-line positions preferring to await further develop- ments before entering into larger engagements. In view of this fact only a moderate volume of business was transacted on the basis of quoted rates.

Late in the afternoon session prices declined by 1/8 cent for all deliveries, the market closing with a quiet, undertone.

In some Rubber circles the opinion prevails that the market is likely to fluctuate only within narrow limits until after the next meet- ing of the International Rubber Regulation Committee on the 12th. September, pnless Bome unforeseen outside influences will interfere. Should the Committee decide on retaining the present. permissible export quota of 45 per cent, a further substantial, price- advance may be confidently expected. But even increase on the pre- sent rate of 45 per cent." should ultimately prove to be bullish, in- Recent orders received by Johndicating that in the Committee's opinion prospects of much improved He has done so in consequence of 1. Thornycroft and Co. Ltd., from consumption, particularly in U.S.A., would be practically assured dur a request from firms in the trade. overseas include a batch of the ing the last quarter of this year. confirmed by a general meeting of the popular "Sturdy" 5-ton model employers and supported by the tor the Defence Force of the trade unions concerned.

[Sudan Government. The vehicles Employers and trade unions have will incorporate certain special also co-operated in the drawing up equipment such as tropical type 8 POT of the draft definition attached to radiators, oversize low the notice of intention,

It is intended to bring under the trade board the manufacture of

all rubber materials and rubber articles made in a rubber-manu- Earnings of Gaumont-British facturing esta Ushment, or branch Picture Corporation for the year or department of an establishment, ended March 31 were £833,701, and sold as such.

LONDON RUBBER

Previous close Today's close buyers sellers. buyers sellers 7-3/4 7-13/16 7-13/16 7-7/8- ... 7-13/18 7-15/16 7-7/8 tyres, grass seed catchers (to pre-JAN-MARCH- vent clogging of the

.....7-15/16 8 Market quietly steady,

pressureOCT.-DEC.

radiator elements) and other features necessary to meet local operating

Lequirements.

8

NEW YORK COTTON

change

up 1/16 7-15/16 up 1/16 8-1/18 Sup.1/16

The market opened steady, but prices soon declined on light Through the Crown Agents for selling credited to Liverpool and Bombay interests, but other offerings the Colonies instructions have were scarce.. The Trade is awaiting loan developments. The re-

This compares with a loss of £205.- It will not cover the use of rub- been received for a number of all-covery in stocks and in the grain markets attracted some speculative 105 for 1936-37.

per in a factory where there is no engined rubber department, or the making of rubber articles even in a rubber each with a 4-ton trailer, for the reports of benencial rains in the Western Belt and the market closed

Again no Ordinary distribution is being made, but the 51 pc. Pre- ference dividend is being paid out br earnings.

REICHSMARK QUOTATIONS

Berlin, August 17, The Relchamark WBJ quoted without guarantee at:

On demand

109

ON MANILA:-

New York; 40,09,,,

On demand

Paris, 1473.9

· 601-

UN BANGIOK:- On-demand

Amsterdam, 73.475,

149%

London, 12.162.- -

**}83 1/10

= ClipaY. TOP' ONE

1/3-1/16 191

Sovereign Notes'

Bonk Buying Rate.....

Faris Sterling, 178.80 to 178.92 Paris U.E. Dollar, 38.71 to 38.72. ~(Transocean).

department if the main work of the factory is the making of some- thing which is not a rubber article, such as telephonies or wireless sets or water-proot clothing.

Thus the rubber industry volun- tarlly follows the recent example of the baking trade..

The trade board method, which enables representatives of employ~

cross-country vehicles, support and prices advanced, but the advance was later checked" by

steady.

for these vehicles will be made in

Nigerian Railway. The bodywork

the Thornycroft works.

NEW YORK RUBBER «

After a lower opening on weaker foreign cables, prices there- The Sao Paulo Light and Power after responded to an improvement on the London market together Co., Ltd., are taking several similar with the steadiness on Wall Street. There was some profit-taking.. chassis with 4-cylinder petrol en which was, however, well absorbed by commission-house buying and gines, while other overseas models a mixed Trade demand:

are being shipped to the Camin

hos de terra de Colona de Mozam-

CHICAGO WHEAT

ers and workers, assisted by three bique. and also to customer's in

Following on an early period of easiness, prices advanced on local independent appointed members, to Beira, Burnos Aires, Cape Town, short-covering, the strength of securities and expectations of acreage make their own decisions as to Durban, Hong Kong. fran Mel-reduction under the new AAA programme. Later, offerings were minimum wages, seems to be combourne. Port Elizabeth Rio de well-absorbed by exporters and milling interests and some traders mending itself to industry.

Janeiro, Santos and Wellington. are of the opinion that the market is now in an over-sold condition

481*. 50

United Aircraft

283

United Airlines Trans

83

521*.

54

United Corpn.

21

United Corpri $3

361

37

cum. pl.

31

201

21

United Gas Corpn.

31.

48

48

Un. Gas Tprovem❜t 10

40

41

U.S. Eubber

43

45

454

U.S. Rubber på........

832

#: 201

0.8. Steel

57

221

23

Vanadium

181

221

231

Warner Bros. Pict

551

561

Westinghouse

281

Exec. 99 Woodward Iron Cor. 19

100.

Chase National B. 313*

12)

211

National City Bank 25 * 25 * į Call Money

BESSIEEE 88 8⠀⠀£*£24-7= £¤‡Ã¬- § § è × × Â Â ⠀ ⠀ ÷ ã ̄ +£**** **** **ě z ē Ě .

New York, August 16.

New York Cotton

THURSDAY, AUGUST 18, 1938

PAYNE & CO.

COMMODITY BROKERS

STOCK EXCHANGE BUILDING

HONG KONG

New York Commodity

Market

(THROUGH REUTER'S SERVICE)

New York Rubber

Chicago Wheat

Chicago Corn

Winnipeg Wheat

High Low

Prev. Today's Clase Close Change 8.21 .06 up 15.88. 15.95h .09 up

October 8.25 .8.17 8,15 Bept, 18.03 15.99 Bept.

624 60 601- 821 2 up Sept. 534 50+ 50% 53 21 up October 681 661 671 65+ I up

| NEW YORK COTTON

Close

October

...

8.15/16

Opening 8.17/17

Closing

8.21/22

Change

06 up

December

8.24/24

8.25/24

8.30/31

.08 up

January

March

(1939) (

8.24 N

8.25/25

5.31 N

.07 up

8.27/27

8.27/28

8.33/33

.08 up"

May

8.29/29

8.30/30

8.35/35

.06 up

July

8.31/31

8.316/33a

8.37/37

.06 up

Spot...

8.27

8.33

1,06 up

18...

NEW YORK RUBBER

September December

15.86/86

15.70b/85a 15.95b/18.01 .09 up

+

• March

May

... 15.99/18.00 .. 16.08b/15a 16.15./202

15.99/16.00 16.10/12

16.13/13 16.25/25 16.30/30

.14 up

17

up

.15 up

91

Sales for the day!-

2.530 tons

CHICAGO' WHEAT

September

December

801/801 621/623

601/60 621/627

621/621

Z up

642/643

1 up

May

651/851

$71/871

14 up

Monday's Sales:--

19,024.000 bushels.

CHICAGO CORN

September

*

December

May

50/501 477/471 50/501

504750. 534/531

28 up

"47/461

492/491

21 up

517/25

11 up

JI

WINNIPEG WREAT

October

671/67

67/601

684/88)

I up

December

657/88

851/65!.

671/872

17 up

May

683/687

**70/701

11 up

NEW YORK STRAITS TIN

September

NY Silver, Official ...

42.90b/95a * 42-3/4

42.55b/90a

42.90 N

42-3/4

NY L'don Cross Rate... 4.87-3/16

4.88-5/16

SPOT

change

unch.

OCT.-DEC.

JAN.-MARCH

183**

311*

1%

1%

1 ex. div.

• bid.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.