1938-10-03 — Page 12

STOCKS

Adama Express Alleghany Steel Co. Allis Chalmers ----- Amerada Corps. Amez. Can

W

Amer. & Foz. Power Amer. & For: $7 pf. 181 Amer. Locomotive ... Amer. Metals Amer. Radiator Amer. Rolling Mill 18 Amer. Smelting ...... Amer. Sugar R'ing... Amer. Tel. Tel.

talion. T. & S. Ft.

turn Motors .......

imore & Ohio... Barber & Co. ................... Barnsdall Ol

Bethlehem Steel ...... Boeing Airplane Co. Borg-Warner

$59/60

29.60

3261

1251

Curtiss Wright (C)

Curtiss Wright="A".

Distillers Corpız. Sea-

grama

Douglas Alrerait

Du Pont

Eagle Picher Lead

314

Cald., Marg. (Ord.) 8.

$18

Cald., Macg. (Prat.) &

$17.20 841

317)

J201

Censhta

Rope

| 11.70 |Canton Icea

Miscellaneous,

$1.80

$17.30

141

Dairy Farm

#251

Ch.

Étainments

$6.10

1

Constructions (old).....

$13

Constructions (now)co

$81

Lane Crawfords..........

$1.00

38/2.10

M1

70%

Elec. Bond & Share

Elec. Bond & Share

OFFICIAL

$5 pt.

QUOTATIONS « «

The market was quietly steady during the short session.

H.K. Banks, $1440.

Elec, Bond & Shore.

$6 pt.

Elec. Power & Light

ST pl.......

DIVERS

Flatkote

PAGE 12 HONGKONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock · Exchange

Sharebrokers' Association

Buyers Sellers

Sale

Nomb

SATURDAYO

OCT. 1.

Buyers Ballara

Ace Nomical

$1,440

#1,440

Baske

HK. Banks ......................) $1,450

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

PARTM Do. (Lon. Reg.)...... 210 Chartered Banke

£29rcantile Bka. “A” £134 Moronatila Rika, “C**

Bank of Bass Äria .......

N. V. & 6. Banka.....

IMERERROOS

Canton InsurKÖÇES............ Union EmsuṛSOCOS D

| Underwriters ...

1

+

291

£39 ΔΙΟΙ £39 £13

12

$220

15124

#513)

$510

JIL

$200K Fires

13 3900

Shipping

1687 Douglasen

#68)

$10

320

Steambosis v

160 Indo-Chinas (Prof.)....

$60

124

$24 91/10

14/0 子多

::

$1294 $7.15 $6,95

$1304 $7.18

$194

3.85.93

$18

$7.10 $381

7.10/20 |4381/1

$5.90

Indo-Chinas (Del.)...............

91/10 Shells ar

Waterboats

Malag

18/3

Kailana

1970 Rauba

$3

Venezuela Gold Fids.

17 cta, Hong Kong Minès......

Docks, Wharves,

Godowns, ote H.K. & K. Wharves... Providents (old).......................... Providants (new).................. H.K. & W. Docks....

Do.

(16).........

$125 Shanghai Dooks B. $3.50 New Engineerings B.

Lands, Hotels, and

• Buildings H.E. Hotal

H.K. Landsm

$107) Do: 4% Debentures B.40 Shanghai Lands 8.

198

FLK. Baltion varies

| Humphreyɛ .........................

Chinese Estates sonora

Cotton Mills

18 Ewo (6.) ...........

$91

:::::

cum.d. $139

710/15.

$8.95

$194 $181 $12

331

7.15/20

335"

ex. int. $1051

B'bai Cottons (B.)

$2+

342

Wing On Textiles (8.)

Zoong Sings (9.).......

Pablic Utilities

317,15 381

17/17.1

17.08

Tramways

17/17.10/15

Peak Trams (old)................

$31

Fesk Trains (now}......

*TT

$77

:་

$10 call p $591

Star Furries

124Y'mati Ferrion C.B.

Do.

(new)

China Lights (old)... kins Lights (new).. R.K. Electrica.

$17Macao Electrica

Saadeka Lights

Telephones (old).................

Telephones (new)...............

25 Tractions 203 Tractions (pref.} Industrials

*) *** **** percik lagi

1.38/

ally p010.50

FINANCE

SHARE MARKET NEW YORK STOCK EXCHANGE

REVIEW

Market Recovers.

(BY C. A. L. RICKETT)..

| Secretary. Hongkong Sharebrokers' Association

The market opened easfer at the beginning of the week, and later, with the approach of the crisis in Europe, business practically ceased and prices were allowed to remain entirely nominal for two days. There was some evidence, however. of nervousness and isolated sales were reported well below quotation Towards the end of the week the market reacted to the easing of the European situation with a strong recovery in price levels, and bida had to be raised well over- Some quotation to obtain shares. profit taking, however, has been encountered at the close of busi- ness, resulting in a quieter under- tone, although price levels have been well maintained.

1948

High Low Dow Jones Averages, -145.87 98.98 30 "Industrials

19:00 20 Balle 31.77 29.56 16.14 90 Utili 91.70 83.39 40 Bonds

Sales in Hongkong Bank shares Amer. Tobacco """871 were reported down to $1,350, but Amer. Waterworks... recovered to $1,440.

Anaconda Copper Unions were wanted at $510 with sales reported at $512. Wharves after changing wanted at hands at $128 were $129. Trams receded to $161, but recovered with buyers at $17.15. China Lights (0) changed hands. down to $104. but improved to $111. Hotels after changing hands at $6.65 had buyers at $7.15. Elec- tries lost 75 cents but recovered to ||

with 359

more favourable European news. Providents (c) changed hands down to $5.30 and Lands and back again to $7.15. Dalry Farms did not give way to any great extent and at the close of business have enquiries at $38 and $25. respectively.

the

3

Gold mining stocks also 'met with a setback. but have staged an equally quick recovery. On an average price levels showed a de- cline of about 30 per cent.. but at the close of business to-day prices show very little change over those recorded at the close of business Market for the previous week. closed quietly steady.

-H. K. STOCK

EXCHANGE

SATURDAY'S

Briggs Mfacturing- Brooklyn-Manhattab

Trans...... Brooklyn-Manhattan 36 cum. pr........... Canadian Pacific

all 881 Case. J. ****.

Chesapeake & Ohio Chrysler Corpn......

Columbia Ga" & E. Columbia 8% "A" p Commercial Credit 11 Commonwealt?r & ̄S ̈ ̃»" Commonwealth & S.,

6% cum pl. Consolidated, Edison Consolidated Cil Continental Can Continental Ou...... Corn. Products ......

Oct. 2, 1939.

Business Cone:-850,000 shares...

MONDAY, OCTOBER 3, 1938.

PAYNE & & CO.

COMMODITY BROKERS

STOCK EXCHANGE

BUILDING

HONG KONG

(FROM PAYNE & CO.)

SINGAPORE RUBBER

Sapt 30

Oct. 1

buyers sellars buyers sellers

27-1/8 27-3/8 27-3/4 28 27-3/4 28

Change

up 5/8

28-1/4" 28-1/2

up 1/2

28-1/2 28-3/4

The market opened 1/4 of a cent higher for all deliveries, as com- pared with Friday's closing quotations.

Shortly after the opening the market displayed a steady under- tone with fair demand for "actuals." However, dealers and specula- tors were disinclined to operate to any larger extent preferring to await further developments. Although it is generally felt that the market will go higher in the near future on improving statistical po- sition supported by good trade-enquiry, yet it would seem to be ad- visable to confine purchases to any declines.

Later in the session, prices registered a decline of 1/4 cent on rather heavy profit-taking, the market closing with a steady, but quict undertone.

LONDON RUBBER

--NEW YORK, COTTON

The market was inactive throughout the session and, although the undertone was steady, changes were small with orders quite even- ly divided between trade and foreign buying as against New Orleans and local selling. Towards the close, there was a firmer feeling on better stock market news

NEW YORK BUBBER

Prices were firm on moderate general buying, under the leader- ship of London dealer demand anda steady enquiry from manufac

request. Hedge-selling by turers. December position was most in speculative and foreign interests was well absorbed.

CHICAGO WHEAT

The market to-day was extremely quiet, being at present course of readjusting itself to normal conditions after the recent European uncertainties. Lack of encouragement from abroad, bellef that export demand has been sufficiently suppled and dissatisfaction with Government methods were all restricting factors.

(Through Rauter's Service)

QUOTATIONS

Sept. 30. High Low Ulowe Chang

147.45

143.89 £41,58 143.13 1.68-up

20.81

27.48 30.87 27.03

.81 up

19.44

19.98 19.52 19.86

.43 up

87.13

87.83

.48 up

$8.00 45.03 11 Commodity Index 47.58

47.48

.12 of

Last Sale

STOCKS

Last Balo

Sept. 30 Oct. 1

117 111

Great Western Sugar

Sept. 30 Oct. I

j

173

18"

Greyhound Corpn. 163

+18 171

COMMODITY MARKET REVIEW

491

501

Hecker Products ...

8

K

691

701

Int. Nickel ...........

50)

51

***

98

1991

31

Int. Tel. & Tel ...... Kennecott Copper ... ++

91

103

43

44

19

Libbey-Owens- Ford

19

19

Glasa

452

53

344

951

Lockheed Aircraft .....

141

147

151

161

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

51

32

181

Martin, Glen L.

22}

23

SPOT

45)

474

McKesson

& Rob-

JAN.-MARCH ...

22}

23

bins, $3.pf. ......... 31

34

APRIL-JUNE

1424

143

Monsanto Chemical 957

961

871

Montgomery Ward... 463-

181.

91

10

Nat. Dairy Products 14

13

333

343

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

244

244

34

354

Na Power & Light 01

Th

4.

41

Nat Supply Corpn. 151

184

72

New York Central..

171

18

191

193

N. America Aviation

01

91

171.

18

North America Co. 191

20

581

60

Northern Paciic...

107

11

231

25

Pacidc Gas & Elee

261

263

334

# 34

Pacific" Lighting

37

38..

331

351

Packard Motors ....

5

5 μ

Paramount Pictures 101

111

91

91

Pennsylvania. R.R...

181

197

Patlips Petroleum...

401

401

281

293

Public Service of N.3,

291

301

Previous close

6)

61

Pure Oil

10

10

buyers

sellers

Today's close buyers sellers

Change

n942

Radio Corpn. of Am.

ཏྭཱ

71

30

312

SPOT

B-1/8

8-1/4

I

Republic Steel

181

181

JAN.-MARCH

8-1/4 8-3/16

CLOSED

732

751

Reynold Tobac. "B"

431

432

APRIL-JUNE

... 8-3/10

8-7/16

61

1

Schenley

178

18

63

671

Schenley, $% pid...

70

70%

Market.closed.

30

Sears Roebuck

711

.. 724

Shell-Brion Oil

152

16

Socony Vacuum Off

131

141

374

40

Southern Pacific

162

178

27.

27}

Southern Rly $5 prd.

17{

181

83

"g

Standard Brands....

71

蝌

41

423

Stand. Cas & Elec.

32

31

291

30

Standard Oil of N.J.

531

633

653

673

Stone & Webster

03

10

51

Swift Internationa. 27

27

22)

221

Technicolo:

201 211

Texas Corp. .................

441

45

152.

16

Texas Gulf Sulphur 371

38

471

481

20th Cent, Fox..

251

262

1341

136

32

341

do. $13 pf.

103

.103*

Union Carbide Si

71

71"

Carbon

841

843

Union Pacif¢.......

90

001

50

51

United Aircraft

261

271

in

United Airlines Trans Bi

91

•

55

341 24

i

... $4/pm

Nanyang Tobaco0.....

Sinceras****

Watson

Ch. G.5% 1925G Bda. H.K. Govt 4% Loana

H.E. Gort. 3% Louzs

B.K. Wing On........

8'hal Wing On...........

$9.95 Vibro Piling snowwprest 14/43 Marana Izv. ¡Len.

3/

Macamana Inv. (HK)

Wm. Powells

*Sales to Shanghai,

LONDON EXCHANGE RATES

Canton Ins. $220.-

Gen. Electric

Union In's, $512).

Gen. America Trans 471

Gen. Motors ....

42)

47

17.95

Union Waterboats $9.

70%

HK. Wharves, $129).

Gen. Railway Signal 201 Glidden Co.

221

$106

3101

$471

H.K. Docks (Old), $19. H.K. Docks (New), $18. Providents (018), $7.15.

Goodrich (87)

Goodrich 15 pf. Goodyear Tire & Co. 271

231 55

$8.40

Great Northern Tron

Оте

14

44

170 ct.

(British Wireless Service)

JI

Sept 29

Oct. 1

178)

178-25/37

21.10

21,21

11.924

12.001

5471

901

911

110

110

10:40

19.391

Shanghat

024

New York

4.751

4.32

Amsterdam m

5.841

2.89

Vienna

138

140

226-3/4

2263

£60

660

1/2 31/32

1/3

Bombay www.******

1/5-15/18

1/5-15/18

Montreal

· 4.83)

4.852

Prussels

28.17!

28.574

Yokohama

1/2

Belgrade

210

210

Buenos Aires

18.89

18.97€

Monte Video

201

20

2-15/16 22.40

19-3/18 19-5/18-

19-1/18 191

31% 09

Cements, $17.20.

Dairy Farms, $251;

Cements, $174.

Watsons, 18/8.1/

Parla

Geneva

Berlin.

Athena

Milan

Lisbon

Stockholm

Prague

Helsingfor Bucharest

Hone Fons

Rio de Janeiro

Copenhagen

Oslo

Silver dbékára)

Silver (Spot)

War Loan

ON LONDON:

Closing Quotations

October 1, 1935.

Telegraphie Tranate) Bade Balon demetid

Orodita, 4 months", sight.: 1/3).

SHANGHAI

On dukand

Ox Naw Kouza-

Bank Bills, on demand 29 18/18 Credita, days' night=20/7/16 ON BATIYLE:...

UN PARIS-

Bank Bille, on demand 1,035 Oredita, 4 months' sight : 1,180 UN SALGON:

On demand

·89-9/18 Ox· Manila's—

Providents (New), $8.95.

H.K. Hotels, $7.15. HK. Lands. $381. HK Realties, $5.90..

HK. Trams, $17.15.

Peak Trams (Old), $67.. Star Ferries. $77, "

China Lights (Old), $11

China Lights (New), $101 (call

pald).

Electrics, $50.

Sandakan Lights, $9.80.

Telephones (New), $9.

HL K. Röpes, $43.

Watsons, $8. Wm Powels, 75 cts. SELLERS

:

Telephones (Old), $264.

SALES

H. K. Banks, $1440. Union Ins, $512},

, H.K. Wharves, $1301.

Providenti (Old), $7.15. Providents (New), $8,85/8.95. HK. Hotels, $1.10/7.20.

HK. Lands, 1384/384.

H. K. Trams. $17/17.15.

Star Ferries. $77.

China Lights (Old), $114/114. Electrica, $59/50,

Telephones, (Old), $28ł.

(Prices below in Phil. Currency)

Antamoks Ps., 354.

Atoka; 83

Bagulo Gold 244.

Benguet Consol, 11.60 Coco Groves; 42: Demonstrations, 27 1. X. L-60 Ban Mauricio, .72 Buyoc Consol, 18 United Paracales; 34

Great Northern Rly. 10)

THE EXCHANGE Philippine

MARKET

MESSRS. ROZA BŘOŠ

Silver prices were lower yester day to the extent of 1/16 for Ready and 1/8 for Forward, the quotations being 19 1/4 and 19 1/16 respectively. Silver advices reported speculators as having operated both ways! The market was steady. Later buyers bid 1/18 over. American Silver was quoted at 42 3-4 for Spot.

The London New York cross- rate was quoted at 482. New York /London was quoted at 483, 3/8.

Qulet.

MARKET

STERLING

There were sellers at 1/3 Octo: ber/January and 1/2 31/32 February/March, buyers at 1/3) 1:32 Cash January and 1/3 March.

U.S. DOLLARS

Mining News

EQUITABLE EXPLORATION Company, Inc., will hold a special. October meeting of stockholders

20 at the offices of the company

On

Chicago Wheat

Chicago Corn Winnipeg Wheat ---

the fourth floor of Boriano | October Building of Plaza Cervantes, to December consider and decide on the pro- January

company, March posal to dissolve the according to a notice sent out to May July stockholders.

Other matters may be discussed Spot by stockholders in connection with the proposed dissolution of Equitable Exploration, the notice said. The company owns gold December claims in Capacuan, Paracale. March Camarines Norte and in Moun May

tain Province, which were explor- : Sales for the day:- ed in the last few years, but work reportedly has not brought any encouraging resulta

Equitable. Exploration Company was Incorporated in Septemer, 1933, with an authorized capital stock of F150.000 with a par value of ten centavos per share.

Sellers at 30 3/16 October /No-

NEGROS MINING Company, vember and 30 1/8 December Jan-Inc., has reported that it has uary, buyers at 30 5/16 Cash Octo-

bc and 30 1/4 November Decem about 1,000 tons of manganese

ber.

ore ready for abipment about the December end of the month. The ore which May SHANGHAI DOLLARS

has been piled near the seashore July Closed with sellers at 180-1/2. in the town of Milagros, Masbate. was bought by a local company. SHANGHAI MAKKET representing & buyer, in Japan

be❘ October Opened with sellers at 8 1/2. After the arst shipment to Subsequently the market was weak mads this month, the company: December with sellers quoting &. 11/32, 8, 1/4, 15 expected to be able to make May The gure representing the 8 3/18 and 8, 1/8, but reacted to regular shipments of ore in the average opening selling rate for sellers at 81/82, B 9/22, 8. 5/16, nese future, it was stated. Ne- the month of September, 1938, of Last advices indicated sellers at 8. gros Mining Company owns 10

ore in December and the Hongkong 149A

Shanghal 1/4 USDollars were quoted in claims of manganese Banking Corporation for demand Shanghai at the opening at 17. Milagros which have been under NY Bilver, Ometal 1/8.1/16 drafts on London is settled at 1/6 sellers, Last advices Indicated development work for over a year NY-C'don Cross Rate... 4.83-3/5

sellers at 16. 3/4, 18

160 nom.

Singapore

109

On demand i

DE JAPANI-

On demand....

[80].

ON BANGKOK :-***

On demand

106

On demand raise

Sovereign Noten.

Bank Buying Babi......

Telegraphic Transfer.L92}

14.88.

SELLING RATE

NEW YORK STRAITS TIE

44.65 K 42-3/4

44.10b/44.701 44.85 N.

unquoted.

481-2/4

121

ឌ ឌី ឌី ឌី ឌ ឌ ឌ ឌី និង គគឺ

58-

United Corpo. ........ United

27

27

Corpn. 43

cum. pi.

29

301

251

United Gas Corph." 31

3

463

Un Gas Brovem't 9%

91

U.S. Rubber pl. .......

452

483

US. Steel

861

884

US. Rubuc

59

601

233

Vanadium

183

19

281

201

Warner Bros. Pict... 61 Westinghouse. Mec. 1023 Woodward Iron Cor. 19 Chase National B2 301* National City Bank 242* Call Money

63

105

N. Y. Commodity Market

17

191

313*

2511

1%

1%

(By Courtesy of Messrs. Swan, Culberthon & Fritz and S. L. Levy & Company)

* cx div.

bid.

New York. October 1 (Saturday).

High Low

New York Cotton - Dec.

New York Rubber Dec.......

8.09 16.82

8.05 2.08 16.72 16.60

Prev. Today's

Close Close Change

8.03 16.77

.02 up

17 up

- Dec.

84 831 837 631

unch.

Dec. Dec.

48A 471 60% 591 601

481

471

1 ok

591

t off.

NEW YORK COTTON

Close

Opening

Closing

Change

7.99/99

8.03/03

8.03/03

,04 up

8.06/07

8.09/08

8,08/09

.02 up

(1939)

8,05/05

8.06/06

8.06/00

.01 up

8,03/04

8,04/03

8.04/04

01 up

H

7.99/99

8.00/00

(..)

7.98/98

8.00/7,97

7.99/8.00 7.97/97

Anch

.01 off

7.82 N

7.82 N

unch.

NEW YORK RUBBER

16.60/68

16:63/68

16.68/70

16.955/70a -16.77/78 18,70/TO 16.77/77 16.73b/75a 18.83/85- 1:480 tons

14 up

מט 17.

CHICAGO WHEAT

December May July

031/631

641/641

631/631 837/64 048/649

*unch

844/641

·641/64

838/632

Friday's Bales:

20,300,000 bushels

CHICAGO COEN

484/484 48/477 -511/811.

51/61

11/47F

504/501

521/521

614/511

WINNIPEG WHEAT,

60+/601

59/59

601/201 327/601 631/611

591/58

621/621