1938-09-30 — Page 12

Banks

$1.410

Do. (Col. Reg.).

£86

£NJ

Do (Lon Reg

Chartered Banks ....

En

zrì

Mercantila Bk. ""

Ex

$13 Marcantile Bk. “C”

213

N

Baak" of East Asia ...

N. C. & 8. Blake......

Insurances

$130

Canton InsuranONE..................

1230

$506

$505

Union InsurSNESS .....

Underwriters man

18

Adams Express ....... Alleghany Steel Co. Allis Chalmers ....... Amerada Corps. Amer. Can

1230 H Fire

3900

Shipping

168

Douglas0 ..........

$68)

810

$20

teamboats.

100

Indo-Chinas (Prud.]..........

$60

124

Indo-Chinas (Def.}....

$24

77.8

77/6 Shells ...............

19.00 | Waterbosta zunan

Mining

Business was reported at 1/3 for There were sellers at 1/2 31/32 October January, buyers at 1/3 1/32 Cash October and 1/3 November /January.

Amer. & For. Power Amer. & For. $7 pt. "15 Amer. Locomotive ... Amer. Metals momen Amer. Radiator ....... Amer. Rolling M

PAGE 12-HONGKONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Buyer Kellert Baled Nominati

THURSDAY. SEPT. 29.

Sharebrokers' Association

($1,410 H.K. Banka sonra

162.

Buywce Beare Sala Namina!

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

FINANCE

NEW YORK® STOCK EXCHANGE

(Through Reuter's Service)

QUOTATIONS

Sept 97.

1930

being

High Low Dow Jones Averager. 145.67 98.98 20 Industriais

39.77 19.00 20. Kail 22.50 16.14. 20 Ucilicum 99.70 83.39 Bonds 39.00. 48.09 11 Jommodity Index 47.40

130,19

23.08

17.25

65.31

Silver prices dropped 3/8 yester- day for both deliveries, the quota-; tiens being 13. 3/4 for Ready and 1/88 for Forward, Silver advices reported the market steady. There were small 'Eastern sales but there was hardly any Aupport. American Silver was quoted at 42 3/4 for Spat.

The London New York cross rate was quoted at 470. 50. New York /London was quoted at 473. 14.

MARKET Uncertain at the opening düt later appeared a shade steadier.

STERLING

STOCKS

40

Sept. 20, 1938. Hit Low Close Chang

134.64 127.86 133,68 3.49 up 14.30 22.08 24.08 1.00 ap 18.07 18.9 19.00. .75 up. 85.00 .14 op 47,unch. Business Dons—1,870, sharea.

FRIDAY, SEPTEMBER 30, 1938.

PAYNE & CO.

COMMODITY BROKERS

STOCK EXCHANGE BUILDING

HONG KONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

SINGAPORE RUBBER

Sept 27

buyers

sellers

Sept. 28 buyers sellers

Change

23-3/8 25-5/8

25-5/8

25-7/8

NOMINAL

Last Sale Sept. 27. 28

STOCKS

91.

Last Sale, Sept. 37 28 Great Western Sugai 26 01

26

15

104

Greyhoua

141 Corpo 13)

44

401

Hecker Products

61

71

63

63 *.

Int. Nickel

45

487

951

Int Tel, & Tul.

71

81

3

134

Kennecott Copper ...

397

401

164

Libbey-Owens- Ford

161

17

Glass

451

50 ti

31

324

Lockheed Aircraft

12 124

131

141

Loew's Inc. ...............

461

48

S POT

151

101

Martin. Glen L

*...-183

201

OCT:-DEC.

Amer. Smelting

411

431

McKesson & Rob-

Amet, Bugar Ring ...

201

21

bins. pl.

303

31

!!!!

::

SA

14/8 | Kailam hen $9.70 Raubama

Venezuela Gold Fida

17 ot. Hong Kong Min......

Docks, Wharves,

Godowns, etc.

$150 (H.K. & K. Wharves... $8.70 Providenta (old)... $Providenta {new}, 810 H.K. & W., Docks... $10

Do. (DBW)..........

$123 Shanghai Docks B... $8.50 New Engineerings 8.

14/0

198

$107) Da, 4% Debenturen

40 Shanghai Lande B.

H.K. Benities

Humphreys .........TEZKEIRANTES

Chinesa Estates

Cattoh Mül

#hal Cottons (8.) .....

Wing On Textiles (8.)

$130 18.70

36

$10

$18)

$.20.

$31

Lands, Hotels, and Buildings"

near.

161

H.K. Hotele

SIN

H.K. Leads............

$35

$107)

$6.00

-301

$19 $80

9:4

#:

Zoong Sings () .......

Public Utilities

$16

0164

Tramways.....

Posk Trama (old)............

18)

THE AFTERNOON

Peak Trams (new)..................--

177

Star Forries-

Y'mati Ferries C.B.

U.S. DOLLARS

Steady

the better following political news from Europe. Opened with a quotation of 29 9/16 sellers, 29 11/16 buyers, with a probability of buyers accepting 29 578, but business did not result except perhaps at 29 11/18 later during the day. At 1 p.m. there were buyers at 29 11/16 October and 3/4 Cash, sellers at 29 5/8 for

SHANGHAI DOLLARS Closed at 172.1/4.

SHANGHAI » MARKET Opened with sellers for Sterling at 8.3/4, subsequently 8. 23/32, 8. 21/32 and B. 5/8 were quoted, closing at 8. 41 64 sellers for Spot. U.S.$, opened at 17.1/4 sellers. The lowest rate touched was 17: Closed with sellers at 17. 1/16 for Spot.

Case. II.

Chesapeake & Ohio 26 Chrysler Corpn.

The market was quiet in the Consolidated Edison 231 afternoon.

Amer. Tel & Tel. ... Amer. Tobacco Amer. Waterworks :- Anaconda Copper ... Atchison, T. & 8. F. Auburn Motors ...... Baltimore & Ohio.... Barber & Co...... Barnsdall Oll.... Bethlehem Steel Boeing Airplane Co. Borg-Warner

1331

136.

Monsanto Chemical sol

63

78

31

Montgomery Ward 401

411

JAN.-MARCH

... 26-7/8 26-1/8'

Owing to the European political crisis, the market was quoted as nominal

71

81""

Nat. Dairy Products. 117

121

301

321

Nat. Dutillers

LONDON RUBBER

22

22

301

311

i

Nat. Power & Light 51

8

31

31

Nat. Supply Corpa. 131

14

6

83

New York Central.... 14

152

Previous close buyers

16

17#

N. America Aviation

171

SPOT ...

15

16

North America Co. 182

173

JAN.-MARCH

52)

541

Northern Pacite ·...

81

10

·APRIL-JUNE

21

22

Pacific Gas & Elec

25

257

301-

312

Pacific Lighting.....

341

251

283

311

Briggs M'facturing .... Brooklyn-Manhattan

Packard Motors

"41

11

Paramount Pictures

8

91

8

81

Trans.......

Pennsylvania R.R.161

17

Brocklyn-Manhattan

Phillips Petroleum... 35

377

24*

20+*

36 cum. pf.... Canadian Pacifc

Public Service of NJ. 271

271

5

51

Pure Ou******

91

771

80,

Radio Corpn..of Am. 6

61

271

Republic Stec!

15

161

842

88

Reynold, Tobac. "B"

401

401

5)

Columbia Gas & K.- Columbia 6% “A” pf. Commercial Credit... Commonwealth & 8. Commonwealth & 8.

Schenley.

141

147

633*

60 *

Schenley, 54% pid:

68 *

65 *

43% 1

442

Sears Roebuck

B5F

674

Shell Unton Oil

131

Socony-Vacuum Ol

123

13

6% cum p

34

341

Southern Pacific

137 15

241

Southern Rly $5 pfd.

14

Consolidated Cl

8

83

Standard Brands .....

64

$231

Do.

(Dex/

Continental Can

39

391

Stand Gas & Elec.

27*

$10

China Lights (old),

10

STERLING

-$8 6ʊậc vina-Lights (new)...............

$8.00

Continental Oil

272

281

Standard Oll of N.J. 49

..........

$581 K. Electrics

8581

Finished with sellers at 1/3

Corn. Products

632

637-

Stone & Webster

71

17. Macao Electrics

19.3

Badakan Laghis

31/32 October January. buyers at 1/3 for near."

Curtiss Wright (C.)

#

4

Swift International 25%

Curtiss Wright "A"

10

20

Technicolor

171

¢

Telephones (old).

$26

39

25

26.

$14

$4)

320

BRI

30.00 | Telephones (NEW)................

Traction .....

Tractions (prof.)...

Industrials

Cald., Macg. (Ord ) B.

$18 Cald, Macg. (Prof.) 8.

$1.70 Canton loca

$16 Caments

Miscellaneous

Dairy Farms ....

Ch. B'ivirments

Constinctions (old).............

Constructions_(new)-

39

24/0

$1.60 $16

#

173.

ex. div. $26

U.S. DOLLARS

29 5/8 September Sellers at October and 29 9/16 November December, buyers at 29 3/4 Cash October and 29 11918 November ¡December.

SHANGHAI DOLLARS

SHANGHAI MARKET ›

Douglas Aircraft Du Pont

Distillers Corp. Ses-

13

141

grams ......

Texas Corp...... Texas Gulf Sulphur

34)

22

41

431

20th Cent... Fox

30

1302

1297

do. $1+ pr.

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

9

91

Union Carbide

&

6

61

Carton .....

781

Union Paclic

781

$5 pf.

42 *

421*

United Aircraft ...... 231

Elec. Bond & Share

United Airlines Trans 77

$6 pf.

50%*

511

United Corpn.

21

Elec. Power & Light

United Corpn. $3

$t pl.

22

308

cum. pl.

PASANGAN

251

Sterling 8. 41/64. U.S.S, 17. 1/16,

Flintkote........

·

201

221

United Gas Corpn. 21

$61

Lane Crawford......... Nanyang Tobacco .....

上

Gen. America Trans 414

44

Un. Gas Tprovem't

91

Gen. Fectric ......

371

394

US. Rubber pf.

401

$2.00 1.

$7.5

Gen. Motorss

401

44

U.S. Steel

20!"

$7.40

Ch.G.5% 10250.#Bás,

$4.K. Govt. 4% Loss

64%

H. K. STOCK

Gen. Railway Signal 151*

19

US. Rubbe

511

Glidden Co.

10

20

Vanadium

151

$106

H.H. Gort 34% Loana

3101

347:

H.K. Wing On

EXCHANGE

Goodrich (B.F.)

187

211

Warner Bros. Pict....

5

5471

Goodrich 35 pf.

497

50

Westinghouse Elec. 95

Bhai Wing On

$51

Goodyear Tire & Co.

24

251

Woodward Iron Cor. 18!

16.32

Vibra Piling...

$6.40

Great Northern Iron

Maramaza Kav. (Loo.)

3/1

Maramano Inv. (H.K.)

Ore

***

170 ata

Wm. Powalls

Great Northern Rly. 181

*Sales to Shanghai

LONDON EXCHANGE

(British Wireless Service)

RATES

打

Sept. 27.

"1787

Sept. 28 178-9/16

29.16

Berlin

12.00

Athens

Milan

90

89

Copenhagen

Stockholm

10.40

#Shanghai

afd

New York

4.74

Amsterdam.

8.81

4.71 8.771

Vienna

Prague

137

Helsingfors

Bucharest ära.

228-3/4 660.

Hong Kong

1/2, 31/32

Bombay ...41

1-5d 29/32

Montreal

4.79

37.95

4.813 27.801

213.

18,801

20

2-31/32

201 21

182

31%93

34% 93

Paris

Geneva

Frussela Yokohama

Belgrade

Buenos Aires.

Monte, Video"

Rio de Janeiro Silver (Forward)

Silver (Spot) War Loan

Closing Quotations

September 23, 1839.

ON LONDON: ...

Telegraphic Transfer... }1/5t Bank Bills, on demand Credits, 4 months": sight 1/3)

Ox ShanghaL :—

'On demand

UN SINGAPORE!~~~

On demand

160 nom.

ON NEW YORK:-

21.16. 11.904

10301

70 ctm.

Back Billa, on damazid ' 99.8/18 Credita, 60 days' sight 2013/16

ON BATAVIA:-

On demand........ 54) ON PARIS-

Baak Bills, on demand 1,095 Credits, 4 months' sight' 1,180 UN SAIGON:---

On demand 13-8/18 ON MANILA:-"

YESTERDAY'S

OFFICIAL

QUOTATIONS

The receipt of more favourable news from Europe was reflected in buyers entering the market Busi-

ress in local shares was reported LONDON MARKETS REACT QUICKLY

at rates showing only small dif- Monday's opening ferences quotations,

BUYERS Hongkong & K. Wharves, '$126. H & S. Hotels, $8.65.- Hongkong Tramways, $16). Hongkong Elèctrics, $581. Watsons, $7.60. Maramans (Lon), 13/-.

SELLERS Hongkong Electrics, $56.

SALES

Hongkong Bank, $1325/60. Hongkong & K. Wharves, $125/7; Hongkong Tramways, 3181. Hongkon Electrics, $581. Hongkong Govt. 31 per cent

Loan, 1 per cent pm. (Prices below in Phil. Currency)"

Antamoks Pa,,,33) Atoks, .32

Bagulo Gold, 214

Benguet Consol; 10.00 Coco Grove, 38

Demonstrations, .23 L.XL, 60

San Mauricio, .80

Suyoc Consol, 163 United Paracales, 271

London, Sept. 29. "It's alright, this time." This spontaneous remark by Mr. Chamberlain to the cheering crowds who gathered round his home on his return from the House of Parliament epitomased the all-pervading feeling of re- Hef.

The scenes in the City yesterday were reminiscent of boom times. Share prices soared in all sections ir street markets

October Kafirs were most prominent, December while on the Rubber Exchange, the | January Committee of which quickly decided March to extend trading until 5.30 pm. May values jumped

very heavy July trading. The immediate Jump In Spot this market was up to a penny above the Axed minimum at, which they have been ruling since noon.

At the same time sugar slumped September, up to threepence below the highDecember levels attained when the crisis was March

May at its peak.

In the Liverpool grain market Sales for the day: prices nose-dived on e burst of

SINGAPORE STOCK selling, closely followed by wheat

QUOTATIONS

Singapore, Sept. 23. The following quotations of 12 have stocks leading Singapore been received by Messrs. Ellis and Edgar from Messrs. J.M. Bassoon & Co., Bingapore.

MIDDLE PRICE Rubber Shares

futures quotation in London.

July

Appreciation of sterling develop- December ed equally suddenly and dollars May fell on New York selling, followed by London offering from 4.52 to 4.71 before the Exchange Control Fund arrested the plunge by up- porting dollars at 4.70.

The change for the better, oc- December curred somewhat late and the May bullion market was little affected, |July Amalgamated Malay Estates, but contrary to the experience of Ltd., $1474 xd.; Kempas Limited,

the last few days some' biyêrs put $1.87 Kuala Bidim Rubber Co..in an appearance with prices rang- Ltd., $2371; Pajam Limited, $1.70;

ing between 148 shillings and 147 October Sungel Bagan Rubber estates, Ltd.,

shillings. |1.42); Tapah Rubber Estates, Ltd.

H.K. SHAREBROKER'S 1.874 x.d.

-ASSOCIATION. BUYERS

Providents Old, $8.30 Hotels, $8.60

109

Trams, $184. Chiria Lights Old, $101. Cements $16,

Entertainments, $5. Watsons, $7,60," Bandakan Lights,, 91.

2.On demand

ON JAPAN 1 -

Ox BANGEDE:-

On demand

1001

On demand.

140

£s Imu

Bovereign Moten

Telegraphic Transfer...

Bank Buying Rate.....

1/8-1/16. 181

Hotels, $61

SELLERS

I

L

Tin Shares

Limited, Petaling Tin

$7.70; Bungel Luar Tin Dredging Ltd, $1.55.

INDUSTRIALS Straits Trading Company Limit- ed, $26.25 ex div. 75 cts; United Engineers Ltd.- (Ordinary);- $2,50;--| Wearne Brothers Limited, 14.60.

Gold.

Raub Australian Gold Mining Co., Ltd., $5.00 x4.

Per

:

· NO ARMÍS EXPORTS The announcement of the Munich conference has 'not halted the development of pro- ́exutionary messures.

The Board of Trade, has ordered; the suspension until after October 10 of the validity of all outstanding, export Hoences for war zimmterials for foreign countries.

The Board has also issued a Note: The above quotations are statement deprecating private per in Straits dollars.

sons laying in" stocks of food in

December May

December

WINNIPEG WHEAT

071/071 891/881 641/848

66/681 887/69

48/681

NEW YORK STRAITS TEN-

unquoted

44.35, " NY Silver, Oficial 4243/4 NY-L'don Cross. Rate... 4.72-7/18

€31/63

661/661

44.05. N 42-3/4"

4.73-1/4

***

off

E

anticipation of a possibile crisis, supply, and redistribution of food declaring that supplies of essential would be controlled to ensure that foodstuffs in Great Britain are there would be no undae rise in adequate for some time to come prices and that all consumers and that should war break out the would receive a fair share-Renter

11

111 174

Chase National Bk. 271* National City Bank 211,

Call Money ........................... 1%

ཙnnཨཱཙད་ྡནཤྲྰིཊྚཡོ, ཊྛཀྑ༡ཝེསོ ཧྥོ༞༞ཆaཀྐཾxཙྪཔྤནྡྷཀྶཾཝཱ

up 1/18 up 3/16

Market was weak and unsettled until

of to-morrow'> Munich, meeting came, when market became strong and active.

NEW YORK COTTON

The market was early dominated by the developments in Europe and prices declined on the unfavourable political news, the weak-" ness of Sterling, liquidation and general selling. Later. prices bounded up in response to the calling of the Four Power conference - at Munich and there was good general buying, especially of October position. Frices, somewhat later, again partially reacted on realia- ing, but the market steadied before the close.

NEW YORK RUBBER

The market's early weakness was a reflection of the weak advices from abroad, the partial collapse of Sterling and the critical Euro- pean situation. There was heavy foreign Equidation and general selling, but prices staged a brisk recovery and went sharply upwards, on receipt of the news of the Munich Conference, which brought a broad wave of buying and a revival of demand from all quarters.

CHICAGO WHEAT.

situation,

After early firmness on the continued unfavourable prices broke sharply on the announcement of the, Four-Power Con

Additional]}- ference for the discussion of the Czech situation

ing pressure appeared on receipt of further details from Eurge and prices plunged almost 3 cents from the day's "highs." -fs es- timated that 10,000,000 bushels were sold for export.

Today's close sellers buyers sellers 7-11/16 7-3/4'

7-7/8 7-15/16 7-3/4 7-19/16 7-15/18 8 7-13/16 7-7/8. .8

Change

up 3/16

8-1/16

news

N. Y. Commodity Market

By Courtesy of Messrs. Swan, Culbertson & Fritz and

· S. L. Levy & Company)

New York, Bept. 28 (Wednesday).

Prev. Today's Higb Low Close Close Change

New York Cotton - Dec.

7.95 7.73

7.83 7.90 .07 up

221*

New York Rubber-Dec. Chicago Wheat

15.80 14.80

15.27.15.68

.39 up

- Dec.

68k

641

881

851 14 of

* ex. div.

• bid.

Chicago Corn ---Dec. Winnipeg Wheat

52

50

501

504. i of

Dec....... 881 627

66

631 24 of

NEW YORK COTTON

Close

Opening

Closing

Change

7.90/90

7.75/76'

7.97/98

.07 up

7.83/83

7.73/74-

7.90/01

.07 up

(1939)

7.83/83

7.74/74

7.88/88

.05 Up

(..)

7.80/82

7.70/71

7.87/68

.07 up

()

7.78/79

7.65/85

7.80/82

:02 up

121

7.76/76

7.63/64

7.20/80

.04. up

7.82 N

7.82 N

unch.

NEW YORK RUBBER

15.20 N

15.21/55 14.80/85 15.10/18- 15.20/20

15.66/66

39. up

14.55/51

15.86/70

.56 up

14.55/38

15.73/73

53 up

8,500 tons

CHICAGO WHEAT

661/87 871/87$ 661/667

681/871

681/681

653/651 60/661

$51/858

14 off

Tuesday's Sales-

25,330,000 bushels

CHICAGO CORN

601/502

52/513

501/502

581/531 54/544

531/591

544/544

544/544

unch.