RAGE 12 HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
inspers Bellary Bains S THURSDAY,
Sharebrokers' Association
AUGUST 18.
Buyers Bollers
H. K. STOCK
EXCHANGE
FINANCE
NEW YORK STOCK EXCHANGE
(Through Router's Service)
$1,440 Las
Hanks
H.K. Banks ......
Do. (London) ......
219) Chartered Banks .... 238 Mercantile Bks. "A"
$1,435
YESTERDAY'S
QUOTATIONS
A further advance in prices is to be recorded though business is somewhat restricted owing to a scarcity of sellers.
QUOTATIONS
1938.
High Dow Jones Averages. 145.67 98.91 So Industrials
38,77; 19.00. 30 Rail
Aug. 16
Aug 18, luas. High Low Close Chang
FRIDAY, AUGUST 19, 1938.
PAYNE & CO.
--COMMODITY BROKERS STOCK EXCHANGE BUILDING
HỒNG KONG
138.14
27.09
£IRT
BUYERS
22.05 16.14.20 Ubilities
19.80
£29
92.70 83.39 40 Boads
88.03
HK. Bank, $1440.
13 Mercandle Bka. “C”.
£13
59.00 45.03 11 · Commodity Index 4799
188
Bank of East Asia ........
*A
IN, C. & 8. Banke......
*
Insurances
1230
325
| Canton Insurance................
$5021
3210
$500
Union Insurances ...............
$g
Underwriters “
*
H. K. Fires
1910
Shipping
*$73
H.K. Bank (Lon.), £88. Union Insurance, $502). Union Waterboats, $9,10. HK. Docks (Old), $20.85. HK. Docks (New), $191. Providents (Old), $3,80, Providents (New). $3.52). H. and S. Hotels, $8.80.
Business Dono:~600,000 shares.
STOCKS
Last Sale
STOCKS
Last Sale
Aug. 16 17
Aug. 16 17
Douglases"
Adams Express Alleghany Steel Co. Allis Chalmers ..................... Amer. Can............ 971
11
11
mistake
Great Western Sugar
261
201
173
171
Greyhound Corpn.
168
184
487
491
Hecker Products
72
93
int. Nickel ........
481
481
$60 $24
89/9
son
$9.10
$3.60 $31
$20.65 3194
$6.80 $35
---
$120
$191
3221teamboats .......
Indo-China (Del.)....
Waterbosta
18/3 Kailans
120.10 Kaube ...............................
83
Venezuela Gold Fids.
17 cta. Hong Kong Mine.......
Docks, Wharves,
Godowns, ets.
H.K. & K Wharves... Providenta (old)........rerer Providents (new)
H.K. & W Docks.... (BOW).......... Dc. $139 Shanghai Docks B. ........... 13.00 New Engineerings S.
Lands, Hotels, and Buildings
H.K. Hotel............... H.K. Lands.........8.
$107 Do. 4% Debentures $8.40 Shanghai Leads S.
H.K. Rasities camerama
39.25 Humphreya ...................
Chinese Extaten
Cotton Mills
Ewon (S.).
8:3
H.K. Lands, $381.
Amen & For, Power, 4
32
Int. Tel & Tel
140.89 138.48 199.03,
20.08 19.7 19.77 ,03 of 89.00 .10 up
47.16 ,14 off
New York Commodity
Market
(THROUGH REUTER'S SERVICE)
82
31
Indo-China (Prof.).
201
HK. Realtles, $51.
Amer. For. 57 pl. 19
18
Kennecott Copper... 398
391
Prov. Today's
Shells
8.79
HK. Tramways, $17.10.
$9,10
Peak Trams (Old), 563.
Mining
Li
16/0
10.
Telephones (Old), $26.80.
!
$129.
China Lights (Old). $11.20. China Lights (New), $8. H.K. Electrics, $81.
Cements, $174
H.K. Ropes, $1.80.
Dairy Farms, $25).
Amer. Locomotive ... 201 Amer. Metals .......... 344 Amer. Radiator
20
Libbey- Owens- Ford
New York, August '17,
3+
Class
481
474
New York Cotton
· 147
141
·Lockheed' Aircraft -
141
141
New York Rubber
October Sept.
High Low
8.30 8.23 16.05 15.98
Amer. Rolling Mill........ 183
181
Loow's Inc.
41
47
Amer. Smelting ...........
10%
461
Martin, Glen. L......
Chicago Wheat....... Sept,
641
621
Close Close Change 8.21 8,28 07 up 15.95b 15.90b .05 03
621.831
+ up
2:3
23
Chicago Corn
Amer. Sugar Ring
231
241
McKesson & Rob
י וי
$3.60
Watsons. $7.85.
$3.50
Constructions, $1.90.
8191
$20.65 $1.01
HK Govt. 4% Loan, 51% pm.
1128
H.K. Govt. 34% Loan. 14
pm.
Amer. Tel. & Tel. Amer. Tobacco "B" Amer. Waterworks. Anaconda Copper Atchison, T. &.9. Fe. Auburn Motors ...... Baltimore & Ohio
1401
141
bins, $3 pf.......
34 #.
341
Winnipeg Wheat
Sept. October 681
53
52 68
591
$21 11 aff
68681
...
86
871
Monsanto Chemicni 914
921
19 101
Montgomery Ward..........
48
451
331 334
Nat Dalry, Froducts, 151-
151
31. 341
Na Distillers`......... 241
241
NEW YORK COTTON
Close
4 33 B1 81
Nat. Power & Light
61
81
October
Na
Supply Corpn.--18
177
8.21/22
Opening
8.26/26
Closing
8.28/28
Change
,07
14
Consol. Ch. Prov. (Old), $7.20. Consol. Ch. Prov. (New), $7.
SELLERS
'December
Barber & Co.
192. ID4
New York Central....
181
131
8.30/31
8.34/34.
8.34/34
,04 up
Barnsdall Oú, ..
18
18.
N. America Aviation." 91.
91
January (1939)
8:31 N
8.34/34:
8.34. N
.03 up
March
}
8.33/33
Bethlehem, Steel.
561
561
North America, Co. 201.
8.38/37
8.37/37
201
,04 up
*$8.55
cum.d. $38
B107
HK. Fire Insurance, $210. HK. Tramways, $17.20.
Boeing Airplane Co. 281
26.
Nothern Pacie
117
11
May
8,35/35
8.39/38
8.39/39
.04 up
Borg-Warner
311
307
Pacific Gas & Elec
262
263
July
8.37/37
8.41/41
8.40/40
.03. up
SALES
Briggs M'facturing. 324
321
Pacing Lighting
381
371
Spot
8.33
8.40
.07
קט
85.70
39.3c
$200
#1
HK, and K. Wharves, $129.. H.K. Docks (New), $194.
Brooklyn-Manhattan «
Packard Motors
51
5
Trans. ....
10
94
Paramount Pictures
94
91
.NEW YORK- RUBBER
Providents (New), $3.55.
Brooklyn-Manhattan
Pennsylvania RR
20
20:
September
H.K. Electrics, $014.
$10
#98hat Cottöps (8.) ......i
287
H.K. Ropes, $5.
$24
Consol. Ch. Prov. (New), $7.05.
$8 cum pf... 316 Canadian Pacific... $1. Case. JI...
31 *
Phillips Petroleum'
405
401"
December
15.95b/18.01 16.13/19
61'
Public Service of NJ.
291..
291
March
16.25/25
90
90
Pure Oll
114
11
May
... 16.30/30
15.96b/16.00 15,90b/92a 16.18/15" 18.08/08 16.281/30a 16.15b/20a
16.25/25
.05. 04. .05 0
10 off .05 0:
534
Zoong Sings (8.)
$49
Wing On Textilna (8.)
12
Chesapeake & Ohio (293
29
Radio Corpn. of. Am.
7.
7
Sales. for the day:-
780 tons.
Public Utilities
$17.10 $17.90
801
$17.10
#
Tramways...
Peak Trans (old)......
Ators. .33
$78
34
$24
$11 20
Chias
Do (new
81/61
H.K. Electrics
361
318
Macao Electrics.......
FDI
Sandakan Lights
#20.80
Telephones (old)...
Feak Trams (new)................-
Star Ferri
Ymadi Ferries C
C.R.
Lights jaid).......
China Lights (new).........) $10
131
#73
Coco Grove, 45
1351
$24
811.20
(Prices below in"Phil. Currency)
Antamoks Ps., 38.
Benguet Consol. 11.10
Consol. Mines .004...
San Mauricio. ".35 United Paracales. :32
Chrysler Corpn. .................
691
694
Republic Steei: .. 178
17
Columbla Gas &
B
BA
Reynold, Tobat. "42
421.
CHICAGO WHEAT-
Columbia 6% “A” pf. 64 *
84
!Scherles
17:
18
Commercial Credit.. 48.
431
Schenley. 54% pid... 741*
751*
September
621/621-
Commonwealth & 8.. 1} Commonwealth & S..
11
Sears, Roebuck
701
718:
December
8427644-1.
Shell Union of...
18
18
May
671/271
829/627- 642/651
63/63
65/65
681/681
7 up
6% cum pf.
$14
$171 $4.00
$7.90
***
17.00
#7.05
China Prov. (now)....
#26.30
+4
$1.00
$0.60 Telephones (new)....... 26/3
Traction
28/4" || Tract.ons (ptel.) ../..
Industrials
Cald., Mang. (Ord ) 8.
$13 Cald., Macg. (Pent.) 8.
$1.70 Canton Ices
Cement
Ropes.....
Consolidated
China Prov. (old).te
361
$39.80
$9.00. 54/6
LA
35% Consolidated Edison 281 Consolidated Ou
34
Socony-Vacuum Oil
141
141
Tuesday's Sales:-
24,541,000 bushels.
262
Southern Pacific...
177-
171
92
-
01
Southern Rly $5 pfd.
174
171
CHICAGO CORN
Continental Can
41.
-441
Standard Brands
8:
71
Continental Ou
33
334
Stand Gas & Elec.
37
4
September
81.60
$17
$4.40
$7.90
87.
$251
$21
$7.80
$7.90
67
$100
$101
1/8.
350
MARKET
$3.40
Steady.
"STERLING
were
70 ctx.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices dropped 1/16 yes- terday for both deliveries, the quotations being 19 7/18 for Ready and 19 1/4 for Forward.. Silver advices reported the market as being, qulet with a small busi- ness done, India sold. Later the market was steady with buyers at the rate. American Sver: was quoted at 42 3/4 for Spot
The London-New York cross- rate was quoted at 488.18. New York-London was quoted at 488.
$7 pf.... Fintxote
Corn. Products
691
69
Standard Oil of N.J
531
54
December
Curtiss Wright (.) 51
51
Stone & Webster....
91
91
May
53+/53+ 40/401 511/52
|
527/524 52 (52 481/487
481/481
oft:
51/51
1 of
Cartiss Wright "A"
22+
221
Swift International 26
261
Distillers Corpn. Sea-
grams.
154
151
Texas Gulf Sulphur 35)
Technicolor gi 221
23
WINNIPEG WHEAT).
351
October
681/081
Douglas Aircraft
481
484
20th Cent. Fox, Films 24
241
Du Pont
129
do. Films p.....
33
';
324
Eagle Picher Lead Elec. Bond & Share Elec. Bond & Share
101
10)
Union Carbide
December you don' May ...
671/671
681/681- -871/672
70/70%
887/681 677/68 704/701
1-up up
123
71
74
Carton
80
801
NEW YORK STRAITS TIN
Union Pacific..........
88
90
$5 pt.......
50
50 *
United Aircraft ........
27
261
September
42,90 N.
42.80b/43.108 42.85b/43.00a
Elec Bond & Share
$6.pf.
United Airlines Trans" 9
期
Elec. Power & Light
Gen. America Trans Gen. Electric
Gen. Motors
Gen. Railway Signal 201 Gdden Co.
Goodrich (2.F.).
Goodrich $5 pf.
Goodyear Tire & Co.
-
Great Northern Tron
Ore
121 Great Northern Rly: 214.
$7,85
目:
Paris
7 80/90
Miscellaneous
Dairy Farmann
.15). | Ch. E'tainmašta ........... $0.65 Constructions (old)....} ÷1,40
Constructions (new)..........}
$8.70 Lane Crawfords..........
Nanyang Tobacco
14.10 Sincero....
67+*%
ETI
160
Watsons
Ch.05% 19250.88da
H.K. Gort. 4% Loans
H.K, GOTL. 34% Loans
H.K. Wing On muda S'hal Wing On
36.95 Vibro Piling ......
Mammans Inv. (Lon.) Maramaca Inv. (H.K.)
Fisles to Shanghai
LONDON EXCHANGE RATES
Geneva Berlin
Athens
Milan
Copenhagen
Stockholm
Shanghai
New York
Amsterdam Vienna:
Prague
Helsingfors Bucharest Hong Kong
Bombay ...
Montreal
Prussols Yokohama
Bellers
Buenos Aires
Monte Video
(British Wireless Service)" "
August 16
August 13.
178-57/64 21.284 .12.15
92-9/16
There
sellers, at 1/3 August-November, possibly De- cember and 1/2.31/32 January- March; buyers at 1/3 1/32 'Cash- November and 1/3 January March.
U.S. DOLLARS
Sellers at 30 1/2 August-Octo- ber and 30 7/16 November-Janu- ary, buyers at 30,9/16 Cash-Octo- ber 30 1/2 December-January.
SHANGHAI DOLLARS Sellers at 182,
SHANGHAI MARKET.
Sterling. sellers at 8.7/32. US$. sellers at 16.23/32 for Spot.
PHILIPPINE MINING NEWS
MINDANAO MOTHER LODE FARACALE MINING Develop- Mines, Inc., produced gold and silment Co., Inc. has tentatively set ver during July valued at P91.388 September 6 to start its mili on 10. from 4.980 tons of ore milled. Its property in Paracale. Cama
rines Norte..
The mill which has LUZON CONSOLIDATED Mines capacity of 75 tons, is of the a dally and Company, Inc. is continuing flotation - amalgamation type. its development work on its chroThis type of mill was recommend.
property
178-57/64
21.33
12.17
93
18.73 Bla
4.88-3/16 8.951
4.871 8.831.
Thite Zambales
1411
1411
The market remained steady in the afternoon.
뇌
226
STERLING
670
1/2 31/32
1/5.29/32
4.00 23.991
4.8914 28.96
18.8 6
18.871
20.
Rio
2-27/32
Gliver (Forward)
19-7/18.
Silver '(Spot) War Loan
19-9/16"
19-7/16. 19-9/16
31% 1021
ON LONDON:
Closing Quotations
August 15, 1939.
Telegraphic Transfer. 1/27 Bank Bills, on demand f Credits, 4 months' sight. 1/34.
OF SHANGHALA
On demand
JN SINGAPOR
On demand
JS JAPAN :-
On demand
INDIA:
ON NEW YORK:-
Bank Billa, on demand,301 Credit, 60 days' "sight 301
50-5/16
ON BATAYEA
On demand ON PARI
Bank Bills, on demand 1,098, Credits, 4 months" sight 1,180
IN THE AFTERNOON
in
Santa Cruz,
Influenced by steady advices received from London and New į York the market opened 1/4 of a cent higher for all deliveries as compared with Tuesday's closing quotations.
Throughout the session the market exhibited a steady under- tone. Demand for actual Rubber was fair, whilst good buying in- terest for trade and speculative accounts was in evidence resulting in a fair volume of business. at quoted rates..
Later in the session prices gradually- advanced by 1/4 cent for all deliveries on persistent further enquiries, the market closing with a very steady undertone.
It would appear that the better sentiment displayed in today's ed by the Southwestern Engineer market is attributable to a more encouraging action of the Ameri ing Company of California, American Security and Commodity markets coupled with reports on a re- Shipments of ores were made incan Cyanamid Company of New laxation of the European political tension. Apart from this fact the months of May and June this York, and the Krupp Company of business-recovery, particularly in USA, "seems to be“ progieging The market closed with sellers year and the company expects to Germany after several tests were steadily, thus increasing prospects of improved consumption-figures at 1/3 August-November, possibly future to a arm in New York Mining Development.
ship. additional ores in the near made of the ores of Paracale during the remainder of this year December and 1/2 31/32 January-Orders for the next shipments are March, buyers at 1/3 1/32 Cash-still be awaited by the company 335 H: P. of Deutsh Diesel make November and 1/3 January officials.
March.
UA. DOLLARS
The market closed with sellers at 30 1/2 August-October and 30 7/16 November January, buyera at 30 9/16 Cash-October and 30'1/2 December-January:“
A.K. SHAREBROKERS
ASSOCIATION
BUYERS
Waterboats --$0.10. --- Providenta (Old), -$3.65.- Providents, (New); $3.50, Hotels, $8.80.
Peak Trams (Old), $8. Lights: (Old); $11(204)
Entertainments: $8.55,-.
170 ADI.
ON SAIGON
On demand
109
531
ON MANILA
On demand
· Lighta:(New!), $8.2012 Cements:$17.30.
BOJ
QK BAKOZOK:
On demand
149%
Sovereign Notas
Bank Buying Rate....
18-176
· 19-7/10
Atoks, 53 cts.
Talegraphic Tranfe. 1831
Sonk, an domamest
SALES Providents (New), $3.55. Watsons, 38.
GOLD DRAIN
FROM INDIA
An' unitisually large quantity of:
фаз
The company's ́ power plant of
has already been installed and test runs were made sometime. last week. Paracale Mining De-. velopment has ore reserves of 97, 800 tons as of December 31, 1937, while extensive development work has been in progress since then
sovereigns worth Rs. 73.01404U.S. GOLD SUIT FAILS
shipped from Bombay to foreign countries recently by the a. "Maloja."
The steamer varried ten con- signments of sovereigns collective ly valued at: Ra 63.62,179 for Lon- don and one
more consignment
worth Rs. 399,318 for London optional for New York, Paris or Amsterdam.
Totsi, value of "gală export=" ed from Bombay to foreign countries "since! Great Britain went off the Gold Standard now--amounts to Rs. 3,16,17,68,-~ 722.
The American - Tobacco Com pany's gold: eult against the Federal Reserve Bank was dismiss ed in the Federal Court recently.. **The judge held that thế cóme pany was subject to Presidential decrees, and had not suffered any material damage by the gold seizure.complained of.
The Federal Reserve Bank took over 1,018 gold ban from the com pany at the time of the gold de- cree and paid the company £1,250,| 000 The company demanded further sum of £800,000 based on the increased value of gold.
LONDON RUBBER
Previous close "Today's "close buyers sellers buyers sellers 7-13/16-7-7/8 7-13/18 7-7/8 7-7/8 - 7-15/16 · · 7-7/8 - 8. JAN. MARCH
... 8 Market quietly steady.
SPOT~~ OCT.-DEC,
3-1/16 8
NEW YORK COTTON
change
unich.
8-1/16
Prices early advanced on higher Liverpool and Bombay advices- and on an appreciable amount of price-fixing by the Trade, Fur-
ther sustaining factors were the steadier stock market and basing by
Liverpool and Bombay interests on balance. Loan uncertainties restricted offerings, while an unfavourable weekly weather report prompted rebuying by soms early local sellers.
NEW YORK RUBBER
Prices drifted in sympathy with the movements of the stock market, but the market was otherwise featureless, apart from some
light mixed trading, /
CHICAGO WHEAT
The market was quiet, but frm on a resumption of yesterday' buying and covering, which was aided by the Administratio to lift prices through loan subsidies and curtail Later-instke day strengtis on Wall Stri disappointing foreign markets
reage.
54
55
United Corpn.
21
28 -
NY Silver, Oficial... 42-3/4 NY-L'don. Cross Rate... 4.88-5/16
42-374. 4.88-1/8"
United
Corpn. $3
37
353*
cum. pf....com
311
311
21
212
United Gas Corpn. 37
31
48
. 48
Un. Gas 'provem't 101
-101
41
41.
U.S. Rubber
441
431
45#
45)
U.S. Rubber pi....... 851
COMMODITY
851.
23
U.S. Steel
57
571
23
231
Vanadiuut..
181
191
•231 231
Warner Bros. Pict:..... 81-
B
564 55
Westinghouse Elec. 100
991
201
261
121
21
Woodward Iron Cor." 183* Chase National: Bk. 3li* National City Bank 25 ! Call Mones...
19 *
311*
25 *
1%
1%
MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
August 16 buyers
* ex-div.
• bid.
SPOPT
OCT-DEC. JAR-MARCH
sellers
28-1/8 26-3/8 26-3/4 27 27-3/8-27-5/8
August 17: buyers sellers 28-1/4 26-1/2. up 1/8
change
28-7/8 27-1/8 ··
27-1/2 27-3/4"
up 1/8 up 1/8
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