1938-09-24 — Page 12

PAGE 12-HONGKONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Sharebrokers' Association

Buy Beers

Balvi

S

FRIDAY. SEPT. 23.

Bayer re

⠀ Banks

$510

$

$1,445

15:

P

H.K. Banks

Do. (Col. Reg.)................

Do. (Lon. Bag).............)

£ Chartered Banka .. £24 Mercantile Bka. "A"

£13 Marckntila Bka. “C”

$120

Bank of East Asia ... N. C. &.B. Banks

t Ihrer noos

Canton Insur&ROM...............-

Union Insuranom ................ Underwriters

12 H.E. Fired

Shipping.

Bisamboats.datam

indo-Chinas (Prof.)........

sưởi

Dongiao

$21

Shu

124

Indo-Chinna (Del.).....

84/48

$9.

Waterbomla

Mining

15%

Kailan

$9.

Baube

$3

Yeneangia Gold Fids.

17) cts. Hong Kong Mites......

Docks, Wharves,

$1,440

រ

£104

E39

£13)

$88

7/18.

$125

$10

Quiet.

+27

1305

:

$79 $221

SIU

524

{84/41

10.15

15/6 $6.60 13

There were sellers at 1/3 Sep tember/December and 1/2 31/92 January March. buyers at 1/3 1/32 Cash /November and 1/3 February.

US DOLLARS · Started with sellers at 30 1/16 September October, buyers bid- ding 30. 3/18 for Cash leading to business during the course of the morning at 30 1/8 for September. The market closed at lunch time with sellers at 30 1/18 September. possibly October, buyers at 30 1/8 Cash /October and 30 1/16 December.

#1304 97.05

Godowns, ete. H.K. & E. Whevos...

| 01301)

17.08

Providenta (old)......... Providents (ww)......----- "H.K. & W. Dooks....

Da. {DOW)

$125 Shanghai Docks B. 1290 New Engineerings 8.

Lands, Hotels, and Building

H.K. Hotal

H.K. Lands..........

$107 Do. 4% Debentures

$0.35

3181

$19

SHANGHAI DOLLARS

$130

173 1/2.

$3.95

SHANGHAI MARKET

Trans.

Brooklyn-Manhattan

Supt. 91.

139.28

3.60

18.88

97.11

Commodity Index 47.10

STOCKS

Adams Express .......

Alleghany Steel Co.

Last Sale Sept. 21 22

102 10 173

174

Greyhound

Allis Chalmers

481

4.1147

Hecker Producta

Amerada Corps. ... Amer. Can

661

Int. Nickel

97

951

Amer. & For. Power. 37 Amer. & For. $7 pl. 174 Amer. Locomotive ........ Amer. Metals Amer. Radiator...... Amer. Rolling Mili .. Amer. Smelting ...... Amer. Sugar Ring ..

1411 Amer. Tel & Tel Amer. Tobacco "B" 842 Amer. Waterworks ........ Anaconda Copper ... Atchison, T. & 8. Ft. Auburn Motors ...... Baltimore & Ohio Barber & Co. ....................... Barnsdal Oil

34

18)

19

181

Glass ........

34

33

151

144

Loew's Inc.

C1

Sales Mamisel

1

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

The price for Ready Silver rose 1/16 yesterday to 19. 5/16 but the Forward rate was unchanged at 19 1/8. Silver advices reported a small business. Speculators oper- The market was ated both ways, steady American 911ver Was quoted at 42 3/4 for Spot.

The London New York cross- rate was quoted at 481.37. New York London was quoted at 481.

MARKET

STERLING

FINANCE

NEW YORK STOCK EXCHANGE

1948

Through Renter's Service)

QUOTATIONS

High Low Dow Jones Averages. 145.67 0.06 So Industriala

39,77 19.00' 20 Haile 32.50 15.18 20 Utiline. 99.70 83.39 40 Banda 38,00 45.09 11

SATURDAY, SEPTEMBER 24, 1938.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

COMMODITY MARKET REVIEW

(FROM `PAYNE & CO.).

SINGAPORE RUBBER'

Sept 21 buyers sellers

Sept 14 buyers sellers

Change

27

-27-1/4

... 27-3/8

27-7/8

27-5/8 23-1/8

27-1/4 27-1/2.

of 1/8

Sept. 23, 1938. Hig

Low Close 138.17 12 81.137.35

Chaux

1.94 f

28.47 23.18 25 34

As oth

18.09 18.45 15.50

38, 0

87.10

.01 dit

47.22 Business Dono>-1,030,000 shares.

Lið up

STOCKS

Last Sale..

Sept. 21 22

Great Western Sugar 27

271

Corpn. 151

157

7

71

48

481

int. Tel." & Tel.......

81

..3

Kennecott Copper...

413

402

Libbey-Owens, Ford

SPOT

494

491

OCT.-DEC.

27-27-1/4-unch.

off 1/8

Lockheed Aircraft ...

134

13 *

JAN-MARCH...

27-3/4 28

501

18+

171

161

Martin, Glen I. ......

201

20

47

.453

McKesson &

Rob-

22

217"

bina, $3 pt. .....

321

312*

141

Monsanta Chemical 951

95)

84

Montgomery Ward. 453

45)

81

81

Nat Dairy Products 17

:

121

331

32)

Nat. Distillers)....

23

221

321

32

Nat. Power & Light

61

61

31

317

Nat Supply Corp.

151

151

7.

New York Centrai...

181

181

182

18)

N. America Aviation

81

84

187

· 161

North America, Co.

184

171

Bethlehem Steel..

571

56

"

Northern Pacine

10+

91

221

22

Boeing Airplane Co. Borg-Warner

33

321

Pacific Gas & Elec (28)

26

Pacific Lighting .......

The market opened 1/8 of a cent higher for all deliveries as con- pared with Wednesday's closing rates.

Early in the session the market displayed a steady undertone with good demand for "spot" Rubber. In view of this fact also fair | enquiries by dealers and speculators were in evidence.

The better feeling was caused by reports of a decidedly more hopeful development in the Central European political situation. Sub- sequently, however, the market encountered easiness on somewhat disquieting political news, prices declining by 1/4 cent. for all de- liveries on profit-taking, some speculative selling and lack of support. During the last trading hour the market recovered this setback closing with a steady undertone.

The following Malayan Statistical Figures, were published during the day:

J.

361*

361*

Briggs M'facturing. Brooklyn-Manhattan

$31" 321

Packard Motors

5

44°

Paramount Pictures 101

Total Malayan Dealers' stocks

·97

9

81

Pennsylvania R.R.

18

18

Malayan Estates' Stocks

Phillips Petroleum...

$91"

38

281

711

69

133

Elec. Bond & Share

Elec. Power & Light

57 pf. Flintkoter

Gen. America Tranz 473

Gen. Electric

Gen. Motors...

Gen Railway Signal 18

Glidden Co......

Goodrich (B.F.) ...... 223.

Goodrich 35 pl........

Goodyear Tire & Co. 27

--==--~***** «98** • * ****-**** de

26 *

Public Service of N.J. 291

28

D

53

Pure O....

..

OF

B1

Production on Estates of over 100 acres Production on Estates of less than 100 acres

LONDON RUBBER

August

July 1938

51,176

60,577 tons

33,509

̈31,175

18,551

19,795

8,203 8,097

Radio Corpn. of Am.

61

31

271

Republic Steei

·

171

16

70

Reynold Tobac. "B" 40

414

Schenley

187

151

68 *

Schenley. 51% pfd...

'69)*

BPI

S P'O T

47

Sears Roebuck

701

69

JAN, MARCH

1

Shell Union Ou

151

141

APRIL-JUNE

Socony-Vacuum Oil

131

131

37

Southern Pacific

101

151

་་་

25

Southern Rly $5 pid, 151

151

81

Standard Brands ....

71

40

Stand Gas & Mec.

29

Standard Oll of NJ.

531

7 31 31

511..

87

Stone & Webster

મ 81

| 51

Swift Internations!

T

261

191

Technicolor

191

191

Texas Gulf Sulphur

361

301

144*

20th Cent. Fox.

241

244

43

do. $1 pf.

321*

32

1314

Union Carbide &

101

Carbon

821

804

unton Pacine".

851

85

United Aircraft .......

251

35-1

451*

United Airlines Trans

BL

-ġ

United Corpn.

2+

21

494*

53

United

Corpn.

$3

eum. pí.

281+

271

31

United Gas Corpn.

3

31

224

Un. Gas I'provem'

91

97

471

US. Rubber pt.

447

431

8-1/8 8-3/16

8-1/4 8-5/18 8-1/8 8-3/16 of 1/8 8-5/18 8-3/8 8-3/16 8-1/4 of 1/8

Market steady and featureless.

NEW YORK COTTON

The market early in the session advanced on steady cables from abroad and on moderate local and foreign buying, but, with buying otherwise restricted, prices, however, eased. The later easiness was due to October" liquidation, moderate hedge selling,, local scattered offerings and the downward trend on Wall Street Operators are dis- playing increasing disposition to await developments in Godesberg and Czechoslovakia. Finally, the market closed steady.

NEW YORK RUBBER

The market eased on disappointing cables from,, abroad and the easiness of the stock market. Operators are on side-lines, due to the underlying European uncertainties.

CHICAGO WHEAT

A quiet, but firm market. There was some buying by exporters. The advances in Liverpool and Winnipeg aid the local market. The prevailing European political complications imparted firmness to the cash market.

Previous close

buyers

sellers

Today's close buyers

sellers

7-15/18 8-1/16

Change

of 3/16

40 t

U.S. Stee:

861

831

45

UA. Rubbe

571

581

18 *

Vanadium

· 181*

17 *

201

Warner Bros: Pict...

B

B

211

Westinghouse. Elec. 1017

984

53 *

26"

12.

Woodward Iron Cor. 183 Chase National EK. 291* National City Bank 23* Call Money ...................1%

19 29 *

23 *

1%

18

t ex div.

• bid

CONSUMPTION OF New York, Sept 22 (Thursday)

New York Commodity Market

(By Courtesy of Messrs. Swan, Culbertson & Fritz and B. L. Lovy & Company)

Prev. Today's

High Low

Close Close Change

ESSENTIALS

New York Cotton New York Rubber Chicago Wheat Chicago Corn

Dec.

Déc. - Dec. -- Dec. Dec.

8.03 7.93 8.00 TH 08 off 18.44 10.30 16.48b 18.24 .05 0# (41 631 63 64 1 Up 491 #01 40 1. 494 up 611 61 601 614 1 up!

D

$8.95

$7.05/7 1381

$7/7.05

3351 91071

$40

Shanghai Lands 8.-

$5,66

70/75

! H.K. Rosities

................

$5.80

$:0

Humphreys

$98

China Estates.......

110

$18

8'hai Coltons (B.)

$90

$24

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

$24

842

Wing On Textiles (8.)

$12

$16.35)

17/16,8'0

16.90/1

$11.10

#69

Cotton Mills

$184 (Bwòs (8.) ..............................

$90

$11.20

...

$77

Public Utilities

Tramways.

Peak Trams (old)......

Feak Trams (new).

Star Ferrias $4Y'mati Fergian C.B.$

Do.

(DOW) Chias Lights (old)......

$14

38 15 hina Lights (new)..... H.K. Electrics..

$17Macho Blectrica ................... 19.25 Bandakau: Lights....................

Telephones (old)......

16

$8.33 Telephones (new)...... 25/0Traction comparmas

Tractions (ped.)

Industrials

25/0

314

Cald., Macg (Ord) 8.

$13

Cald., Macg. (Perl.) 8.

!17

$4,80

#201

164

#71

Parks

$7.00

$1.70 Canton Joes ...

Coments

Enpesumas

Miscellaneous

Dairy Fa

Farma Ch. É'tainments ....................... 41.20 Constructions (old).

Constructions_(new)........

$8.70 Lane Crawford........... Nanying Tebacon.....

***

$1.20 Sinceres

1

11.30/20

$8.18

- #59)

$261 $9.86

25/0

Early advices Indicated the market as being uncertain with sellers of Sterling for Spot at 8. 19/32. Later the market steadied up to 8, 21/32. The market closed at lunch time with sellers at . 39/64 for Spot. U.S.Dollars, sellers were indicated early in the morn ing at 17 1/4 for, Spot. Later the market steadied up to sellers at 17. 3/8. The market closed at lunch time with sellers at 17. 9/32 for Spot.

THE AFTERNOON The market continued quiet in the afternoon.

STERLING The market finished with sellers at 1/3 September December and 1/2 31/32 January March, buyers at 1/3 1/32 Cash November and 1/3 February.

U.S. DOLLARS Sellers at 30 1/16 September and 30 October/November, buyers at

30 1/8 Cash November and 30 1/16 December.

#160

#171

174.

$4,80

cum.d. 25

$8,30 >1.40

$2.05

6347%. cb.G.5%19250.3Bda.

6:1%

H.K. Gort. 4% Lowes

pm

$108

H.K. Govt. 31% Losa

$101

BO

H.K. Wing On......................

560

B’hai Wing On

16!

$6.36 Vibra Piling

36.40

13/3

Maremade Inv. (Lon.)

314

Marsmans Inv. (H.K.)

75 cla Wm. Powells

LONDON..

Сепета

Berila

Athens

Milan

Copenhagen

*Bxics to Shanghai-

[75 cim.

EXCHANGE RATES

(British Wireless Service)

Sept. 21.

178-3/8

21.28-1/2

12.06

Sept. 22 178-17/32 21.20 12.05.

91-5/8

01-9/16

19.40 Aid 4.82-5/16 8.92-3/16

140 228-3/4 670

4.81-7/16 8.92

130A

Stockholm Shanghai New York Amsterdam Vienna ..... Prague Helsingfors Bucharest

Hong Kong Bombay

1/2 31/32

1-5d. 29/32

Montreal

Prussels

4.84-5/8

28.59-1/2

.4.834

28.581

Yokohama

Belgrade

213.

Buenos Aires)

19.011

19.02

Monte Video

20

Rio

3ilver (Forward)

Suver (Boot)

2-15/18 19-1/8 18-1/4

191

19-5/16

War, Loan

31% 1001

ON LONDON

Closing Quotations

September 23, 1839.

OX NEW YORK:—

34% 99-7/10

Bank Bills, on demand 1912/16 -- "Credits, 60 days' sigià 22-5/18 ON BATAVIA:.

On demand...conduc ON (PAKI

66-3/16

Bank Bills, on demand 1,093 Uredite a months' sight 1,180

100

Os 84100:-

"On demaald

Telegraphic Transfer...

Bank Billa, on demand Credits, 4 months'

ON SHANGHIÍ. : ----

On demand

LIN SINGAPORE 2

On demand wat

On demand

De Isnin

Telegraphic Transfer...

· 53-8/18 | ON⋅ MANILADI

On demand

ÓN BANGKOK-

On demand

Bovereign Notes Plu

Bank Buying Hat....1/8.1/16-

alver DIE

SHANGHAI DOLLARS

SHANGHAI MARKET Sterling, & 39/64. ..$. 17. 9/32, both sellers for Spot.

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

been a

sa cum. pf. Canadian Pacific Case. JL Chesapeake & Ohio Chrysler Corpn. ...... Columbia Gas & M Columbia 8% "A" pl. Commercial Credit.. Commonwealth & 8& Commonwealth & §.

8% cum pf. Consolidated Edison Consolidated Cli Continental Can Continental Oil Corn. Products ....... curtiss Wright. (C.) Curtiss Wright "A" Distillers Corp. Sea-

grams

Douglas Aircraft Du Pont..... Eagle Picher Lead 10

Elec. Bond & Share

$5 pf.......

Elec. Bond & Share

$6 pr.

Great Northern Iron

Ore

Great Northern Rly. 19

CUNARD'S NEW

LINER

→

Queen Elizabeth Launching On Tuesday

Trading. "conditions during the week under review have by no means been easy. Cables convey- ing news that could be regarded in an optimistle veln being close- ly followed by others that gave rise to apprehension

the as to outcome of the European crisis. Under these circumstances 10 would have caused little or по surprise had the local market

There has given way. moderate turnover of business during the week and holders have displayed no signs of being eager seliers. in consequence prices have bcen

and well maintained balance show scarcely perceptible by Her Majesty the Queen from differences in

the the works of Messra. John Brown Tange over

at Clydebank. period. Closing tone quiet.

BUSINESS DONE DURING THE WEEK Hongkong Bank, $1435, $1440.

$1455.

Union

Insurance $516, $509 5071, $510. Wharves, $1281, $130, $131, $1301; *Providents (Old), $67, $8.70, $7.20,

$7.05. Providents (New), $81 $6.35.

$8.55, $6.85, $6.80/6.70 Hotals, $6.85, $7.- $7.10, $7.05,

$7. 36:95/6.921. Lands $37.79, $383. Realties, $5.70, $53. Tramways, $17, $17.15, $17, $18.80

$16.00/18.85. China Lights (Old), $10.90, $11.35,

$11.20.

Electrics, $562, $59), $591. Cements, $171, Dairy Farms $25.40, $251. Watsons, $7.90.

·

Govt. 4%-Loan, $8126-pm Ewo Cottons 8.$17). 3.15 PM. CHANGES (CLOSING

QUOTATIONS)

BUYERS

lob

Trams, 18.380.. ·

SALES

591

101

12-5/16

Hotels, $8.95/924.:: Providents (New), $6.50/70. Trams, $16.90/85.--. Ch. Lights (Old). $11.20, Govt. Loan 4%, 81% pin

Un

Tuesday the largest ship be launched In the world is to

Chungking Statistics Winnipeg Wheat

For Month Of

August

23 Chungking, Sept.

con- Interesting statistics cerning local consumption of essential articles and other. goods in the month of August have just been issued by the Social Department of the Chungking Municipal Govern- ment.

The Queen Elizabeth will be of 85,000 tons gross on completion. She will be driven by a system of Parsons single reduction geared

amount of tice consumed turbines, each of the four propel lers, weighing 35 tons aplece, during the month was estimated. being driven by an independent to

The

October

December January March May *July

Spot

NEW YORK COTTON

יי

Close

Opening

Closing

Change

7.05/95

7.98/98

7.90/90-

.05 off

2:00/00

8.03/01

7.94/94

00 off

(1939)

8.01 N

8.04/04

7.95 N

.00 off

8.03/03

8.05/03

7.98/0B

.05. 01

... 7,98/98

7.99/99

7.92/92

.06 off

7.56/96

7.98/99

7.92/92

.04% aft

7.82 N

7.82 N

unch.

NEW YORK RUBBER

16.32 N

18.48b/52a 16.57/58 16.62h/680

16.30/35

16.45/47

16.54/54

16.34/34 16.42/43 18.52/52 10.57/57

.02 .06

05 OZ

-.05 off

Sales for the day:-

690 tons.

CHICAGO WHEAT

621/624 63/821 634/631 649/645 65/85

631/634 64/843 -658/654

Bet

Wednesday's Baler:-

17,994,000 bushels.

be 100,000 piculs, OF an September

December

set, at machinery operated by average of 3.000 piculs daily. four turbines.

Wines consumed by Chung-March Each set of engines will have its king citizens totalled more than May Independent condensing plant 100,000 cattles during the month. Steam will be supplied to the 16 On an average of 36 cents a cat- turbines bija 12 high-pressurety, the total spent on this article bollers in four boller rooms. was $38,000,

fuel under forced Burning' oll draught, they will be the largest bollers ever installed in a ship. They each contain 71,000 tubes.

TRIUMPE OF · SKILL

The construction of this huge vessel is a triumph of shipbuilding and engineer- ing kill, The putting of the Queen Elizabeth Into service In 1940 to run in partnership with the Queen Mary, will mark another definite epoch In the history of Transatlan

tle navigation.

Dally

consumption ciga september rettes in this city was 500060. On December an average of $5,000, daily, the May money spent last month was $150,000. Our Own Correspon-

dent.

and above this there must be a September margin. Speed is expensive, and December as there are vessels are not | May primarily cargo. carriers, they histoarry a large number of passengers "to provide the neck- sary:pag load.

CHICAGO GORN

503/01

49/481

494/491

501/51 491/494

514/514

-514/613

WINNIPEG WREAT

601/601

611/811

109/109

61/623

NEW YORK STRAITS TIN

racquet court absorbs the travel lers who like these things,

NY Büver, Omicial ... 55/42-3/4- NY-L'don Cross Rate... 4.82-15/15

43.15b/43.80 43.50 M

-42-3/4 4.81-7/18

October

The comforts, amenities, and December amusements demanded by the May The raison d'etre of the Queen modern travelling public means Mary and Queen Elizabeth is great size, and the ship with the cinema, Ballroom, shopping cén- early explained

A weekly

"ahuttle service" across the At-tre, swimming bath, and squash December

lantic with two ships demanda a sea speed of 284 knots, and over,

18