1938-09-10 — Page 12

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PAGE 12 HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers" Association

THE EXCHANGE MARKET

FINANCE

NEW

Buyer

Bellors Malon

(Nominal

FRIDAY, SEPT. 9.

Bayer Ser Sine Nomad

$1,450

$1.470

$224

$410

147

193

213

宮本

Banks

H.K. Banks -

Do. (London) Chartered Banks .....

Maresatile B. “A”

la Harcsatile Bka. “C"!

198

***

Bank of East Azik...

N. C. & 8. Beaks.... Insurances

Cusson Ingorances..

Union InsurHOCHEZI-

Underwriters even

K. Fresn

!!!!!!

$906

iii

****

19,35

:-:

#201 38.40 $1.40

$9.05

18.10.

€9%

$106

3014 $50

$0.40

175 ota

19.10

$1284

Shtyping

170

Donglass

3214

Steamboats per mon

160

Indo-Chines (Prof.).....

124

88/1

Bhelle

Indo-Chinse (Def.).

Waterboats

16/9 Kailans

Mining

Baubewa. Tra

13" Vezenusla Gold Fide

17 cla Hong Kong Mines......

Docka, WharVOS,

Godowns, sta

H.K. & K. Wharves.......

$7.30 Provideots (old)............

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

0 H.K. & W. Docks...

- (now).

$19.70, De.

3190 Shanghai Docks B...... $3.90 New Engineerings &

$7.10 $7,06

$807

Lands, Hotels, and

H Buildings

B.K. Hotela

H.E. Lande.........8.

Do. 4% Dabantares

$3,4 Bhanghai Lenda B.

$5.00 HK. Bunition

Humphreys

Cotton Mills

$1 Ewol (8.)

$1,470

£13

£13) $88

BA10

ST2

$33

360

$24

| 88/14 $9.16

16/0 $3.90

thre

$7.35

87.15

$20 60

$10

$130 $3.95

$7.10

238

$1071

$3.90

$10

*201

$98

$244

33:0

Chinese Estates .............

S'hi Cattone (8.), ...........

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

$19

Wing On Tartiles (3.)

Star

Public Utilities

Tramwaya Vi

Peak Trama (old)...... Feak Tragis (bew)...........

Ferries....PARENT

$17.35

877

1241

$24

'mati Ferrias C.R.§ - Do. (W)$

$21

$114

ex.dir. 160

14-

1281

$9.06

24/6

$1,80

$4.90

China Lights (old)............

$0.48 ishin Lights (new)..............

H.K. Blectric bene

Jordiv.) +00

$17Macao Electrics.....

Sandakan Lights ..... #Telephones (old).................... 39.3 Telephonës (new).........

2013 Tractions ***

20/3 Tractions (pref.)

$14

Industrials

Caid., Macg. (Ord) 6. Cald, Kacy. (Prat.) S.

$1.70Canton Ices

817) Cements

94.90 Ropes

#26

Consolidated

Chinn Prov. (old)........ China Prov. (new).... Miscellaneous

Dairy Farms mean Ch. E'tainmentā gaism

8100 Copalractions (old)..... Constructions (new)....

8.70 Late Crawfords.

14+

Nanyang Tobacco ..............

$1.20 Buncers ........

67%,

160

Ch,G.3%19250.8Bds.

H.K. Gork. 4% Loans:

#W, Gost 210 Loans.

B.K. Wing Oa

B'hui Wing Ca...........

$6.95 Vibro Plling .................

13/6

Marsmane Izr. (Lon.)

3/4 Martins Inv. (H.K.)

(75 ola | Wm. Powella komman

"Sales to Shanghai

LONDON EXCHANGE · RATES

(British Wireless Service)

MESSRS. ROZA BROS.

The price (or Ready Silver rose 1/16 yesterday to 19 5/16 but the Forward rate was unchanged at 19. Sliver advices reported India and Amèrical as having bought. The market was steady. American Silver was quoted at 42 3,4 for Spart

The London New York cross- rate was quoted at 482.75. New York /London was quoted at 482.15 /18.

MARKET

Easy indications early in the izorning but somewhat steadler The market was fairly later.

active.

STERLING Was on offer at the opening of the market at 1/3 October, buyers bidding November, but business was! eventually done at 1/3 October followed by transactions at the same rate for September and Cash, Business was also arranged at 1/2- 31/32 January and December. The closing rates at 1 p.m. were sellers at 1/3 Cash and 1/2 31/32 Septem- ber/December, buyers at 1/3 1/32 Cash /September and 1/3 October /December."

U.S. DOLLARS Offered early in the morning at 30 1/8. buyers indicating 30 3/16 leading to business at 30 1/8) September and Cash. The market| closed at 1 p.m. with sellers at 30 1/8 Cash 30 1/16 October Novem

30 3/16 Cash ber. buyers at.. /September and 30 1/8 October

November.

SHANGHAI DOLLARS

175 5/8.

SHANGHAI MARKET Sterling at 8.1/2. U.S.S at 17.3/32.

IN THE AFTERNOON The market was a shade easter in the afternoon.

$250 1514 20 92.70 93.39 40 Bonds 39.00 $5.00 11 Commodity Index 47.0t

Amer. Sugar Ring... Amer. Tobacco "B" Amer: Waterworks Anaconda Copper Atchison, T. & 8. T. Auburn Motors Baltimore & Onio Barber & Co, Barnsdall Of ........ Bethlehem Steel Boeing Airplane Co. Borg-Warner Briggs M'facturing " Brooklyn-Manhattan

Amer. Tel & Tel

Trans,

Brooklyn-Manhattan

să cum. pt.

STERLING Some business was reported at 1/3 September .and also for Cash. 1/2 31/32, was done for December. The market closed with sellers at 1/2 31/32 September/November and 1/2 15/16 December /February, Eagle Picher Lead 104 buyers at 1/3 Cash /November and 1/3 31/32 January February.

U.S." DOLLARS Sellers at 30 1/18 September /October, possibly November, and 30 December January, buyers at 30 3/16 Cash September and 30 1/8 October December.

SHANGHAI DOLLARS

High Low Dow Jones Averages, 145.87 98.96 $0 Industrials

38.77 19.00 20 Rails

Sept. 7.

143,08

27.85

Utilities

19.46

88.91

Sept. 8, 1838. High Low Close Chang 14490 14183 14219

32 off 27.71 27.40 27.86

.x7 of 19.J 19.08 19.19.

85.23 40.01 27 of Business Dome:-6760900 share.

YORK STOCK EXCHANGE

(Through Router's Service)

QUOTATIONS.

SATURDAY, SEPTEMBER 10, 1938

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

COMMODITY MARKET REVIEW

STOCKS

Adams Express ...... Alleghany Steel Co. Allis Chalmers Amer. Can...... Amer, & For. Power Amer. & For. $7 pf. Ame:, Locomotive... 201 Amer. Metals ...... Amer. Radiator .............. Amer. Rolling Mill... Amer. Smelting

Last Bale Sept. 7 111

STOCKA

Great Western Sugar

Greyhound

Last Sele Sept. 79 271* 111

(FROM PAYNE & CO%)

SINGAPORE RUBBER

Corpn.

503

5014

Hecker Products ...

991-

981

Int. Nickel

491

SPOT

31*

I. ti. Tel.

19*

19"

conecull Cupper...

412 -

OCT.-DEC.

403

JAN.-MARCH-

Sept. 7

Sept. B

buyers

sellers

20-7/8

27-3/8 ..28

Change buyers sellers 27-1/8 * 28-7/8 27-1/8

unch. 27-1/4 27-1/2 of 1/8 27-5/8 ·

of 1/8 27-7/8-28-1/8 28-1/4

201

Libbey-Owens- "Ford"

351*

Glass

531

16.

Lockheed Aircraft

131

181

191

511

481.

Murtin, Glen L

214

293

22 *

McKesson

& Rob-

451

144

bins. $3 pt.

•

34 *

67%:

581

Monsanto Chemical 903

Montgomery Ward...

954. 4712

342

331

Nat. Dairy Products 121

361

Net. Distillers

251

31*

Nat. Power & Light

Nat. Supply Corp.

173

174

207

201

New York Central...

181

174

N. America Aviation

502

North America Co.

197

195

The market opened 1/4 of a cent higher for all forward deliveries as compared with Wednesday's closing rates.

Very quiet conditions prévilled throughout the session. Demand for "spot" Rubber was fair, but this fact did not induce dealers and speculators to operate on a larger scale. The market, at the moment, appears to be overshadowed mainly by the fixation of the permissible. export-quota for the last quarter of this year by the IR.R. Committee on the 12th inst. as well as by the continuance, of the political tension in Europe. Until these uncertalātles are removed. It is difficult to visualize a substantial advance in prices."

Only a moderate volume of business was transacted ch the basis of quoted rates, the market closing with a quiet undertone.

LONDON RUBBER

241

Northern Pacioc

113

351

Pacine Gas & Eled

257 ...

25.1

Previous close

Today's close

361

-351

Pacife", Lighting

372

371

buyers

sellers

buyers sellers

Change

Packard Motors

SPOT...

7-15/16 8

7-15/18 8

unch.

.92

Paramount Pictures 111

114

JAN.-MARCH

8-1/16

8-1/8

8-1/18 8-1/8

Pennsylvania, R.R...

197

133

APRIL-JUNË ..

8-1/8

8-1/4

8-1/3

8-3/16

271

Phillips Petroleum

Canadian Pacifč ......

Public Service of N.J.

201

"28

Market quiet but steady.

Case i

991

Pure Ou

102

Chesapeake & Ohlo.691

294

Radio Corpn. of Am.

171

Chrysler Corpn. ................

751

741

Republic Steel

187

181

Columbia Gar & M.

B‡ -

Reynold Tobac. "B" 421

421

Columbia 5% "A" pl. 66 *

66*

Schenley

181

Commercial Credit... 511

Schenley, 51% pid...

74 *

Commonwealth & 8..

Sears Roebuck

731

* 721

Commonwealth & 8:

Shell Valon Oil

154

153

6% cum pt......... *37

Socony-Vacuum Ol

Consolidated Edison 27

263

Southern Pacific

187"

Consolidated Cl

touthern Rly $5 pfd.

191

133 131 191 181

Continental Can

403

Standard, Brands ...

7**

Continentat· Oll

291

201

Stand Gas & Elec.

Com. Products

Standard Oil of NJ.

544

Curtiss Wright (C.). Curtiss, Wright "A" 221 Distillers Corpn. Bea-..

grams

Stone & Webster ....

101

221

་ ན

Swift International 27 + Technicolor

27 *

21+

201

161 Douglas Aircraft 473 1341 Du Pont

161

Texas Gulf Bulphur 37

361

151

20th Ceat, Fox Fims 287.

201

134.

1.do. Films pt.

341

34 *

111

Union

Carbide

Elec. Bond & Share

"Carbon

841

Elec. Bond & Share

Union Pacine

United Aircraft des

27 201

$5 pt.

Elec. Bond & Share

se pr

United Airlines Trans

"92

524

United Corpn.

Elec: Power & Light

United Corpn. $á

14 *

NEW YORK COTTON

After a period of dullness. prices rallied on a Washington report stating that the crop had been severely damaged by weevils and other insects. Demand thereafter improved somewat, while there was a falling-off in liquidation and hedge-selling. but later · prices again eased on renewed nervousness with regard to the foreign situation and a renewal of local liquidation, with the market finally closing barely steady...

NEW YORK RUBBER

Business today consisted of a routine evening-up and of switch- ing of contracts, with traders awaiting the forthcoming meeting of the Restriction Committee and clarification of the Czechoslovakian situation

CHICAGO WHEAT

After some steady mill buying. prices eased on the uncertainty. 1 the outcome of the Federal operations regarding export assistance, the bellef that Europe is holding of purchases, the decline in the Winnipeg market and cheaper: Russian offerings. A further disen- couraging factor was the discontinuance of publication of the daily report on export statistics by the Agricultural Adjustment Adminis- tration.

$T:D......

351

cum pt.

31.

Flintkote

241

United" Gas - Corpn.

Gen. America Trans 49

49.

Un. Gus 'provem't

Gen. Electric ......... 431

411

U.S. Rubber

478

467

Gen. Motors

401

48-

US. Rubber på. ..............

891

'894

Gen. Railway Bignal 20

US Steel re-

int 591

175 7/8.

Glidden. Ca...

23▾

Vanadium

19 197

SHANGHAI MARKET Sterling. 8.1/2 and 17.3/32 sellers for Spot.

Goodrich (B.F....... 24

241

Warner Bros. Pict.....

وی

U.S.$.

Goodrich $5 p.

57.

Westinghouse Elec. 1051

104

Goodyear Tire & Co.

291

Great Northern Iron

Ore

121*

'Great Northern Rly. 21

124* .. 21

Woodward Iron Cor. 19 Chase National Br. 311" National City Bank 241* Can Money

18+

H. K. STOCK

ez div.

• bid.

New York, Sept. 8 (Thursday)

New York Cotton

Dec.

New York Commodity

Market

(By Courtesy of Messrs. Swan, Culbertson & Frits and S. L. Levy & Company),

Prev. Today's High Low Close Close Change

8.17 8.08 811

New York Rubber

Dec.

16.32

8.11

unch. 16.20 18.38 18.20 .16 O

Chicago Wheat

Dec.

B17

1 of

Chicago Corn

Dec.

491

481 481

58#

Winnipeg Wheat

Dec.

50+

54 57

571

unch. 11 off

Paris

Geneva

Berlin

Atheri Milan"

Copenhagen

Stockholm

Shanghai

New York

Amsterdam

Vienna H

Helsingfors

Prague

Sept. 7

178-19/64 *21.30) 12.04

EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

During the week under review the volume of business transacted was on a restricted scale with slight fluctuation in prices.

Industrial Museum To Be

Established. In Madras

Through the untiring efforts of the Hon. Mr. V. V. Giri, Minister for Industries and Labour, Madras will shortly have an Industrial and Commercial Museum which will serve as the provincial centre.

The Anderson Hall Just in front of the High Court has been

The Manila market showed signs selected for the location of the Museum and it is expected to be

opened as early as possible. of improvements.

BUSINESS DONE DURING THE WEEK

Sept. 8 178-5/16- 21.32 12.04

.... 91-11/18

91-3/4

18.73 Bid 4.82-5/16 8.921

19.40

4.82-3/4 8.92]

1301

139-3/4

226-3/4

070.

1/2 31/32

1-5429/32.

4,831

4.83-7/8

28.621

Wharves. $129)------

28.65

Docks (New), $194.

Belgrade

Providents (Old), $7.35.

214

Buenos Aires

-19.054

19.07

Monte Videɑ “spensair

Rio

2-20/32

191

31 101-13/16

Bucharest

Hong Kong ...

Montreal

Prussels

Bombay...NPORTASNİN QADDA

Yokohama

8uver (Forward)

Silver (Spot) War Loan

Closing Quotations

Feptember 9, 1933.

IN LONDON:**

Telegraphic Tra for... Bank Bille, on demand 1/97

Credits, 4 months' sight. 1/3)

---On demand

UN BINGAPORE:

On demand...pst

*IN JAPAN:-

ON NEW YORK:—”

19-5/16 31% 101-13/14

Back Bills, on demand 297 Credits, 60 days' sight 301

ON BATAVIA:-

On demand 56-3/16 ON PARINI

Bank Bills, on demand -1,096 ;: Credita, 4 months' sight, ̈1,180;

109"

Hong Kong Bank, $1455, $1470,

$1180, $1470.

Union Insurance, $515, $510,

Providents (New), $74:" Hotels, $7.15, $7.05, $7, $7.05. Lands, $381, $39 $382, $381.

Humphreys, $10.

Realties, $5.90.

Tramways, $17.40, $17.30.

China Lights (Old), $11.

Electrics, $81, 3811.

Electrics ex div., 4801.

Telephones (OμM) $261.

Dairy Farms, $28.

3.15 P.M. CHANGES (CLOSING QUOTATIONS)

BUYERS

Cantons, $228, Hotels, $8.05." Trams, $17.10. Watsons, $8.

.....170 núm.

On demand

18-8/10 ON MANILA 2

On demand

ON BANGKOK

On demand Sovereign Notes-

Bank, Buying Räte....

1499

1/3-1/16 19.5/16

SELLERS Trams, $174. Lights (Qld), $114: SALES

Docks, $194.

On demand ............. 106|

Talegraphic Transfer (23-1/10

Sovič, jo dARERTAİ

NEW YORK COTTON

October

Opening

Closing

Change

8.06/06

8.07/06

8.07/07

December January

8.11/12

$1.10/09

18.11/11

.01 up unch.

(1939)

8.10/10

8.07/07 11.8.08/08

.02 of

8.08/08

8.05/05

8.08/03

unch.

}

... 8.05/07

8.05/04

8.07/01

.01 up

8.09/07

8.04/04

8.18

8.07/08 8.19

.01. up

.01 up

Murch May

The total annual expenditure for About 100 small stalls will be let July the proposed museum will be Rs. on lease ranging from Rs. 25 up Spot... 10,000. The Bouth Indian Cham to Rs. 100 per year. In addition. ber of Commerce, the Andhra Chamber of Commerce and the Corporation of Madras will con tribute Rs. 1,000, Rs. 500 and Rs 2,000 respectively...

to the exhibition of produce of NEW YORK RUBBER small scale cottage industries and

The Government is expected to sanction' a recurring annual grant of Rs. 3,000. The museum will be under the management of the Southern India Chamber of Com

merce.

R:K.

SHAREBROKERS ASSOCIATION

BUYERS

Banks, $1.450,

Lands: $38.

Trams, $17.05.

SELLERA

Wharves, $129). Providents (O), $130. Trams, $171.

SALES Providents (O), $1.20.

Lands, $38).

Trams, $17.20. China Lights (0), $111.

agricultural products, the museum September will also have an informatiun December bureau and library...

March

.16 ou

16,188

16.03b/12a11

16.36/37

18.32/31

16.20/20

16A5/47 ....16.50b/552

16.40/41

16.34/34/

16:46b/49a

18.45 N

Sales for the day:—

2,850 tons.

In addition to this central May museum, similar centres will be opened at the headquarters, of the different districts. Vellore District CHICAGO. WHÉAT will be the rat. district to hav

such a museum when Mr. V. V. September Girl will open the museum at that December place.

The next will be the Tinnevelly district where arrangements are

81/611

021/62)

824/621

May

841/641

641/041

Wednesday's Bales:

2,000 bushels

in progress for opening such CHICAGO CORN, museum.

REICHSMARK QUOTATIONS

601/501

814/611 €31/63

11 off .05 Of

September

501/601

December

481/481

481/484

May

501/50%

501/51

501/502 48/487 51/51

unch:

Berlin, Sept. 8.

was

-WINNIPEG⋅ WHEAT

quoted October

59/50

581/59

67+/571:

December

May...

581/50 621/621

58/581

571/571-

·81/613

-13 017

off

NEW YORK STRAITS TIN

December

43.05. N 42-3/4 ·

2.75b/43.302 43.15 N°

·42-3/4. 482-15/16

The Reichsmark without guarantee at:

New York 40.08.

Paris, 1482.

Amsterdam, 74.10 to 74.20. London, 12.40.

Paris Sterling 178.29 to 178.32. Paris US Dollar. 38.955 to 36.965-(Transocean.)

1938-09-10 — Page 12

Comments

Private Research Note