1938-09-29 — Page 12

PAGE 12–HONGKÒNG DAILY PRESS

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

bers

Bal Nombra!

Sharebrokers' Association

WEDNESDAY.: SEPT. 28.

Buyers Sellers

Bedon

Loraine!

THE EXCHANGE- MARKET

MESSRS. ROZA BROS.

Silver prices dropped 6/16 yes- terday for

and 19 for Forward.

FINANCE

NEW YORK STOCK EXCHANGE"

1Through Reuter's Service)

QUOTATIONS

Sept. 28, 1938. High Low Close 1349 199.62 190.10

THURSDAY, SEPTEMBER 29, 1938.

PAYNE

& CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

!!

Banka

[31,410] H.K. Banks

Do. (Col. Bog.).............

$1,410 256

243

Do. (Lon, Beg )...........

Exa

High bath deliveries, the

Low Dow Jones Averages, Sept. 28. 1/8 for Ready 143.87 88.85 50 industrial quotations being

20 Rails 32.77 19.00 Silver ad-

22.50 16.14 20 Utilitus vices reported purchases made by

94.70 83.30 40 Bonds Speculators America and India.

58.00 $1.03 11 Jommodity ludes 47,73 sold. The market was steady. American Silver was quoted at 42

1938

Chang

50. up

13.03

23.8 9.71 23.08

.ub up

:

17.48 8,04

17.60 17.10 17.25

.34 off

50.51

.33 off

47.40

39 o

Business Bone:-770,000 shares.

STOCKS

£9

Er

Chartered Banks .... Mercantile Bks. "A"

9' for Spot,

"

£57

The London New York 'cross-

612 Mercantile B C

Bank of East Asia i..

388

N. C. & 8. Banks.....

Insuranom

505 Union Insuranom ...............

£13

BAS

$3

rate was quoted at 474, New York !London was quoted at 4.72 7/16..

Adams Express

Last Sale Sept. 26 21

91

STOCKS

Last Sale Sept. 28 27

26 Great Western Sugar 25) 91

COMMODITY MARKET REVIEW

$120

$240

Canton KignTADCOM ---

$505

+3

$$: Underwriters

a

11900

5290

E. Pires ..............

"Shipping

1681 Dongles in

Steamboats...

100

Indo-Chinas (Pruf.)..........

8.4

124

Ludo-Chinsa (Def.).....

No2 6

82/6 Shella ................

19.00 Waterboats

Mining

14/0

Kailan.....

"

14.0

19.70 Reubeng

$3 Venezuuls Gold Fids.

7 cts. Hong Kong Mice........

Docks, WhaİTÜS,

Godowns, cta.

$130 H.K. & K. Where...

$130

18 70

$70 "Providenta (old)..

261

$6

Providenta (D0W)..........

MARKET Erratic. U. 8. Dollars weak due to panicky buying by speculators. STERLING There were sellers" at 1/3 Sep tember and 1/3 31/32 October buyers at 1/3 1/32 December Cash October and 1/3 November

December.

U.S. DOLLARS Were on offer at the opening at 29 3/16 and subsequently 29 3,16 leading to some business at this rate for Spot. Later sellers appeared at 29 1/8. 29 1/16, 29 and 28 15/18. Business was done closing with rates. at variotis 'sellers at 28 1/8 for Cash. buyers as 28 15/16.

Alleghany Steel Co. 151 Allis Chalmērā ...................... Amerada Corps. Amer. Can

157

Greyhound

Corpn.

14

131

44

+4

Hecker Products

61

BI

601

32

int. Nickel .............

15

45

921

941

Int. Tel & Tel

62

71

(FROM PAYNE & CO.)

SINGAPORE RUBBER

Amer. & For. Power Amer. & For. 7 p. 15 Amer. Locomotive............ Amer. Metals

31

Kennecott Copper...

391

391

15

Libbey-Owens- Ford

17 4181

Class

48

454

,301

31

Lockheed Aircraft ...

12

12

Amer. Radiator

14

131

Loew's Inc.

481

461

SPOT

Amer. Rolling Mill...

152

151

Martin, Glen La ......

181

183

OCT.-DEC. -...

Amer. Emelting

421

411

McKesson

27

Rob-

JAN.-MARCH

Bapt. 28

Sept. 27

26-1/8

"buyers sellers buyers sellers. Change

25-7/8

of 1/4 35-3/8 25-5/8 25-5/8

'off.. 1/4 25-7/8 26-1/8 25-5/8 25-7/8

26-3/8 25-7/8 28-1/8 "of 1/4

Amer, Sugar Ring

20 •

201

bins, $3 pi.

301

301

Amer. Tel. &z Tel... Amer. Tobacco

1341

133

Monsanto Chemical 91

901

19

781

Montgomery Ward 411

401

Amer. Waterworks ... Anaconda Copper ... Atchison, T. & 8. Fe. Auburn Motors

81

71

Nat Dairy Products 11

117

31

301

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

21

22

201

30%

Nat. Power & Light

51

51

3}

32

Nat. Supply Corpn. 121

131

Gi

4

Baltimore & Ohio...

New York Central...

141

14

Barber & Co.

101

10

N. America Aviation

11

13

141

15.

isarnsdall Ol

North America Co.

101

163

$19

191

3125 Shanghai Docks 8.....

$390 Saw Engineeringe S.

11.K. & 19, Docks....

Do (new).

521

521

8181

SHANGHAI DOLLARS

Bethlehem Steel ....

thern Pacific j

82

211

21

* k&

Boeing Airplane Co.

Paclite Gas & El

25

25

331

169.

30

301

Borg Warner

Pacine Lighting

343

341

*

Lands, Hotels, and Buildings

38

H.E. Hotels.........

264

136

H.K. Lande........8.

Bas

$107

Do. 4% Debentures

$107

$8.49 Shanghai Lands 8,

85.00

"H.K. Beslties .......

$31

Hamphreys

191

FUN

Chinese Estate .......

1

Cotton Mills

$174

#15

H

(8.)

$80

300

'8'bai Cottons (8.) ...........

30

524

Zooag Sings (8.).......

$12

Wing On Textiles (B.)

$10

#let Tramway......

Baj

Public Utilities

1184

Peak Trams (old)......

$77

Peak Trams (now)....... Star Ferrissag

$77

$24'mati Ferries:

C.B.$

1341

SIUL

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

Do. (DOWIE

$144

#101

$80

in Lights (now).....

$8.00

$50

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

$581

SHANGBAI MARKET Sterling opened at 3.13/18 and closed at 8. 25/32. The tone was uncertain. US$. opened at 17 5/16 and closed at 17. 1'32. „Easy.

H. K. STOCK ·

EXCHANGE

YESTERDAY'S

OFFICIAL

QUOTATIONS

In view of the European situa tich the prices of all purely local stocks have been left at nominal quotations,

Briggs Macturing. Brooklyn-Manhattan

Trans. .... Brooklyn-Manhattan $6 cum. pt. ...... Canadian Pacific Case J..

291

237

Packard Motors ......

**

41

Paramount Pictures

81

71

8

Pennsylvania R.R.....

151

181

Philips Petroleum....

352

351

The market opened with prices being purely nominially quoted i cent higher for all deliveries as compared with Monday's closing quotations.

4)

The more reassuring action of New York did not appear to have any influence upon the Singapore market which, at the moment, con- Linues to be entirely dominated by political events.

Further disquieting reports on the European political situation had a demoralising effect upon the market. Forced sales for specula- tive accounts caused prices to sharply decline by 1 cents for all de- liveries, but even at the lower price-level it was very difficult to find buyers.

After some business having been transacted at as low as 2 cents for January-March and at correspondingly higher rates for more dis- tant deliveries, the market closed with a quiet undertone.

LONDON RUBBER

25 *

244

Public Service of N.J.

201

271

5

5

Pure Oll

83

83

76).

771

Radio Corpn. of Aro.

བ༔

6

Chesapeake & Ohio

251

28

Republic Steel ..

151

15..

SPOT

Chrysler Corpa. ..............

60

647

Reynold Tobac. "B"

40..

40%

JAN-MARCH

Columbla Gas & El

51

51

141

.. 144

Schenley

APRIL-JUNE

Previous close

-buyers

#ellers

Today's close

sellers buyers

Change

7-5/8 7-3/4

7-11/16 7-3/4

up 1/16

7-3/4

7-13/16 7-3/4

7-13/18

7-13/18 7-7/8

7-13/16 7-7/8

unch. unch.

Columbia 6% “A” pf

6.47*

631*

Schenley. 54% ptd..:

63

Commercial Credit...

431

43)

Sears Roebuck

66

853

It

1

13-

133

Commonwealth & 8.

Shell Union Oil

Commonwealth & 8.

Socony-Vacuum Oll

121

121

8% cum pt.

35

34

Southern Pacific

141

133

Consolidated Edison 222

231

Southern Rly $5 pfd.

141.

14!

7

Consolidated Cil ..."

BA

8

BA

Standard Brands ....

Continental Can

371

39

Stand Gas & Elec

3

21*

Continental Ou

211

271

Standard Oil of, NJ.

474

-49

Corn. Products

81

633

173

71

Stone & Webster

Curtiss Wright (C)

41

4}

261

201

Swift Internation

191

19

174

171

Macao Electrics ............

Curtiss Wright "A"

Technicolor

392

301

9.35 Sandakan Lights

(Prices below in Phil. Currency)

Distillers Corpü, Sea-

Texas Corpa.

341

341

极 Talphones (old).

19.00 Tabphones (DEM).................

$26

$9

700

2670

Tractions

26,0

Tractions (prol.}

Industrials

$14

Cald., Macg. (Ord ) 8.

318

Cald. Mucg. (Prat.) 8.

$1.70 Canton Loes

SALES

Antamoks, Ps., 364

grams

13

13

Texas Gulf Sulphur

221

22

Douglas Aircraft

41.

41

20th Cent Fox.

291*

30

Du Pont...

130

1301

do. $1 pt.

Atoks, .33

Eagle Picher' Lead

93

Union Carbide

Bagulo Gold, .22

Elec. Bond & Share

6

Carbon

781

781

$1.80

Sta

$2,00

1.8 Cenants

Ropes ***

Miscellaneous

Dairy Far

Ch.

iininenta Constructions (old).

Constructions (new)....

#81 Lane Crawfords.........

Nanyang Tobacco ..... Stacurts

$16

Benguet Consol.. 11.00

Coco, Grove, 38

Demonstrations. 254

lec. Hond & Share

$5 pl. mek.

Union Pacifc

80

784

42

42*

United Aircraft...

241

23

Elec. Bond & Share

I

United Airlines Trans

71

$4.80

L X. L. 62

50

504*

$d pl.

United Corp.

21

21

Paracale Gumaus, 12

Elec. Power & Light

United Corpn. $3

ox.div.) $25

San Mauricio, .66

si pt.

28

28

cum. pf.........

26

254

36

*

Suyoc Consel, 171.

Flintkote

21

207

United Gas Corpn.

3

21

United Paracales, 30

Gen. America. Trans. 41

411

Un. Gas I'prove't

9

93

Gen. Electric

37+

371

U.S. Rubber pf.

414

401

33

Gen. Motora

411

401

U.S. Steel

791

804

After ruling weak, the market rallied on unconfirmed rumours of favourable developments in the political situation.

NEW YORK COTTON

Lower cables from abroad caused an early decline and this was followed by liquidation by nervous holders, which, however, was off set by Trade and foreign buying. Later., the market ruled firmer and active on buying by spot-houses and covering by shorts, the majority of operators are still anxiously awaiting developments in Europe.

NEW YORK RUBBER

The market reflected the early weakness of the foreign markets and the prevailing nervousness regarding the foreign situation. Early selling was partly absorbed by dealer and commission house buying. but prices finally weakened towards the close on the unfavourable impression of the European dispute as given in Mr. Chamberlain's broadcast address:"

CHICAGO WHEAT

The heaviness of the Liverpool and other markets, was reflected in aluggish trade here, while all eyes are on foreign political news. Foreign business was limited and was hampered by the lower ex- change.

32

$7:40

17.30

Ch.0.5% 1925G.Bda.

I. C. I. INTERIM

Gen. Railway Signal

161 163

US. Rubbi

..... 517

517

Glidden Co. .....

181

19)

Vanadium

............. 157

151

· ba?,"

63%

H.K. Gort 4% Loss

$106

ап

$47.K. Wing On

15m H.K. Gov. 86% Loans

1101

5471

S'hai Wing On......

$6.86

$54 $6.40

In announcing ividend of three per cent. the the Imperial Chemical Industries combine fulfis the best expecta-Great Northern Iron

Interim

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

191

181

Warner Bros. Pict....

59

5

Goodrich $5 p. Goodyear Tire & Co.

491

497

Westinghouse

Mec. 96

95

241.

24

Woodward 'Tron Cor. 157

181

1274

"3/4

Maremana Lov. (HK)

70 ota

!!!!

tions of the market.

Ore

11

11

Chase National Bk. 287* National City Bank 214*

271*

Great Northern R

101

101

Call Money

1%

211* 19%

t ex div.

• bid.

Vibro Piling

Marsmama Inv. (Lon.)

Win. Powells

*Sales to Shanghai

LONDON EXCHANGE

Vienna......

Prague

Helsingfors

Belgrade

Buenos Aires

(British Wiralem Service}

Sept. 26 178-11/18 21:25

70 ct.

RATES

18.80-1

A year ago the interim of three per cent, was followed by a final of 51 per cent., and although it is too early to anticipate what the total distribution for 1938 will be. it is encouraging that at this stage the board has found no reason to in- dicate any serious falling off in earnings.

Philippine Mining News

DO FISH HEAR? anles treated 80,579 tons of ore

EXPERIENCE IN

JAPAN

Moming Post recently:-

BENGUET CONSOLIDATED Min- ing Company and affiliated com- during August from which P2,190,- 011.54 was produced., ngures releas- ed by the Manila office of the or- ganisation recently show.

N. Y. Commodity Market

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

New York. Sept. 27 (Tuesday)

New York Cotton - Dec. New York Rubber-Dec. ~ Dec. Chicago Wheat

Dec. limits of pay, and that the dredge "Aune Petronella" worked through Chicago Corn tollings left by, suction cutter winnipeg Wheat dredges......

SORIANO mining operations during August accounted for the production of P990,044.73 from 118,

Goldfields

יי

A feature of the month's work 053 tons of ore treated, according was the establishment of a new to figures released by the Manila

Value Tons The following letter was pubits-all-time monthly record by the cffice of the organization ea in the Daily Telegraph and Benguet Consolidated plant, with

an output of P983,289.18 from 31,Antamox

23,640 377,329,73 Sir-In an article entitled "Mys-038 tons of ore treated.

250.11100 12,015 LIL Value Tons Milled

383,504.00 tery element in sea water." the director of the aquarium in the Balatoc

37.695 P1,015,695.58 Masbate Consol. 81,498

963,289.18 London Zoo is quoted as having Benguet Con. 31,038

Totals 118,05 P990,944.73 106.567.40 said that nearly all fish are deaf. Cal Horr

104,459.38

I was staying at the Fulya Hotel, in Myanoshita,. The orna- mental ponds in the grounds were properties produced P1.192,386,90 milled, and P6.513.10 from 8 tons stocked with goldfish, of enormous during August. from the milling of of crude ore: size. The gardener. noticing that 56,958 tons of ore and the dredg-

Dec.

#

High

501

511

Prev. Today's Low Close Close Change 7.85 7.74 7.70 7,83 .04 up 15.80 15.31 15.08 15.27 .71 off 671 65: 873 001 A off 514

501

1. off

67 *641

672

68 11. off

NEW YORK COTTON.

Close

Paris

Sept. 27 "1781

Geneva

Berlin

12.001

20.10.

12.00

Athens

Milan

90-7/16

90.

Opening

· ClosingTM

Change

Copenhagen

Stockholm

19.39

19.40

October

-7.78/76

7.74/74

7.90/90

.1 up

Shanghai

87d

December

7.79/80

7.78/79-

7.83/83

..0% up

"

New York

4.75

4.74

Amsterdam

8.924

8.811

January (1939) March May"

7.79/78

1.77/77

7.83/83

.04 up

{

}

7.79/79

7.77/78

7.80/82

.01 up...

}

7.76/77

7.74/74

7.78/79

.02 up

138

137

227-3/4

July Spot

}

7.75/75

771/71

1.76/76

1.82" N

27.82 N

.01 up unch.

Bucharest

660

Hong Kons

1/2 31/32

Bombay

1-56. 29/32

Montreal *******

4.799

4.79

May I

relate an experience in

Ipo,Gold

5.789 6,457

Prussela.....

28.09

27.95

Japan?

Yokohama“

213.

F2,190,011.54 801979 Totals

mining MARSMAN-MANAGED.

"

mine BIG WEDGE P161,850.10 during August" from Of the total out- 6,059 tons of oré.

came from ore put, P155,146.00

September produced December .....

March May ...

11

18.87

Sales for the day:-

NEW YORK RUBBER

15.91 N 15.38/16.01 15.65/70 15.98/18.01 15.77/84. 15.98/16,01 15.85/85 5,480 tons

CHICAGO WHEAT

15.20 N

.71 off

15.27755

.71 off

15.10/18

88 ON

15.20/20

.78 aft

December May

€717671

67/662

667/67

077/68

671/671

671/674

881/661

Monday's Sales

33,574,000 bushels

CHICAGO CORN

The production Bgures repre- 137,746,40 sent actual value received for the iconcentrate 1.0.b. ship at Ban Fer- 15,799.00 nando, La Union; values were based on copper at $.10

December May

514/512 54/54

514/51 501/502 631/521 531/537

July

547/547

544/541

WINNIPEG WHEAT

October December May

081/681

681/671

671/672

13 off

/ 673/673-

661/67

66/501

1 off

681/69

off

quoted

NEW

STRAITS TIN

44.30 N

44.35 N

Monte Video

Rio de Janeiro'

Bliver (Forward)

Sliver (Spot)jes “War-Loan.

ON LONDON:-...

20 2-31/32

19-5/18

203

19-7/18 34%

21

3193

Closing Quotations

September 18, 1938.

Telegraphic Transfer.........

Back Bills, on demand

Just

Credits 4 months' sight - 1/3)

Ox Shad

On demand

UN SINGAPORE,

On demand

"JAPAN:---

On demand

Es fru-

165 nom.

OK New KonE:-

Bagi Bills, on demand zi Credita, 60 days' zigba 291

ON BATAVIA:-

+

On demand............ 65-3/16. ON PARIS:

Bank Bills, on demand 1,098 Credits, 4 months' night 1,180 UN SAIGON

. On demand

* 100 58-8/10 Ox MANILA:--

1061

Telegraphic Transier..

Sant

On demand

On demand

OF BANGEGE!----

Sovereign Notes

Bank Buying Rate...... Der Rijver SAP "VE

1491"

1/3+1/16- 19/

LEPANTO CONSOLIDATED Min-

we were interested, came over and ing of 387,585 cubic yards of traveling Company established an all- officials of the company announced me high monthly production re- recently:

B

told us to clap our hands.

Immediately there was. swirl in the water, and, in a' second or two, literally han- dreds of fish were fostilog one another in the water near the spot where we stood. The ex- planation was that the hand- clap was the feeding signal, and that the Ash knew this..

cord in August when the mill

July Value -Tu£15

treated 13,370 tons of ore for a P334,643.15 30,695

gross production of concentrater: ... 148,890 53

valued at P121,730, a gain of P30, 224,905.17 000 over that of July which was

also a new record. 330,300.65

Itogon Suyoc Consol. 6.729 United

Paracale

- 10,104

9.430 San Mauricio Coco Grove

Inc., 363,565* I may state that visitors were Mindanao

Mining $34,000* not allowed to feed the fish, which hours regulation were fed at

Totals 58,958 P1.192,366.90 by the attendant. No food, was

397/565* given at the time we saw this

-Tuns Yards -- phenomenon.. I imagine that the

Contributory factors to the lower only feasible explanation is that on elapping hands a vibration is set August production of Coco Grove up which affecta' the nerves of the jare that both dredges were work- ing, in conformity with the dredg-. Ash-Yours truly.

R. N. T. RANBON. ing programme, marginal ground on the southern and northern

Burscough, Lancs.

REICHSMARK QUOTATIONS

Berlin, Sept. 28. The Reichsmark wes without guarantee at:

New York, 39.90.)", Paris, not quoted. Amsterdam, 74.20 to 74.40, London, 11.975. -TranzoCERIT."

December

NY Silver, Official ...... 42-3/4- NY-L'don Cross Rate 475-5/16

42-3/4

4.72-7/16