1938-10-14 — Page 18

#215

+

$516

9

140

11:30

$610

$500

$68

$20

$20

$80

$60

124

66/3

Sheila

124

$8/2

Waterboste rapeoria)

¥ ! ZIFI

PAGE 12-HONGKONG DAILY PRESSTM

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers" Association

„Beproef] Ballers

THURSDAY,

Balne

Manisal

Dayers | Balloon

Home Worden

OCT. 13.

| 81,480

£381 210

+

H.E. Bɛska_

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

De. (Ind. Beg.

Chartered Banka

819 Mercantile Bks. “A” 8134 Montis, Bla “CH

Bank of East. Acis .......

K.^0. & 8. Banks .......

Insuranoas

Canton InstraZORS.............

Union InsurnOCOR 0000: Underwriters -

$900 H... Fire in

Shipping

Dengland meanin

Stamboats ..........................................

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

Indo-Chinas (Del.)..

#11!!!!!!!!

* QUE LIVE!

$1,400

£BS+

2013

£13

На

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Silver prices were unchanged yesterday, the quotations remain- ing at 19. 5/8 for Ready and 19. 1/2 for Forward. Silver advices India and American Trade as having bought to a small extent. Offerings were small. The market was steady. The American mar- ket was closed yesterday.

The London /New York cross- rate was quoted at 474. 50.

MARKET

FINANCE

NEW YORK STOCK EXCHANGE

1938

(Through Renters Servicn)

QUOTATIONS

High "Law Dow Jones. Averages 149.75 98.95 29 Industrisin

$2.77 19.00 30 Bair 3255--16.14 -30 Üšlines 91.70 33.39 40 Bonda 58.00 403 11 Commodity Index

Det 12, 1938,

FRIDAY, OCTOBER -14, 1938.

PAYNE &

& CO.

COMMODITY BROKERS

STOCK EXCHANGE BUILDING

HONG KONG

Do 10.

High Low Close à Chang

148,35

150.40 148.21, 148.41

.14 off

30.43

30.91 30.03 "30,44 .08' off

31.70","LUT

11.30

*

89.87 48.35 Business Dons:-1,530,000 shares.

10 up.

89.38

31 of

48.19

.18 off

STOCKS

Last Sale Oct. 10.11

STOCKS

Last Bale

Oct, 10 11

The market was fairly active. The tone was on the easy side | Alleghany Steel Co. Allis Chalmets ******** all morning. Sellers were

Amerada Corpa, much in evidence,

Adams Express .................

12) 131

Great Western Sugar 29,

291

18}

18+

Greyhound

Corp. 181

181

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.}"

not

53

531

Hecker. Products

87

BI

691

68

Int. Nickel

54

54

SINGAPORE RUBBER

17/6 Kailans

17/0

1

$3,30

・

Vecazuela Gold Fids.

$3

74 eta Hong Kong Min

******!

$0.90

Dooks, Wharren, Godawns, eds.

$126 H.L. & X. Wharven...

Providenta (old)...........

19.85 Providenta (new)-erman $194 H.K. & W. Dook........... #19 Do. (0)

1126 Shanghai Dooks 8. ........ 13.90, New Engineerings B.

Lands, Hotels, and Buildings

"

STERLING There were selling indications at 1/3 which, however, was hot obtained. Business was done at 1/2 31/32 1/2 15/16 for near delivery and 1/2 29/32 forward. Towards lunch time there were sellers at 1/2 29/32 October /No- | Amer. Bugar Ring..... 201 1471 vember and 1/2 7/8 December | Amer. Tel. ♬ Tal, /January buyers at 1/1 15/16 Amer. Tobacco "g" 891 Cash and 1/2 29/32 for forward Amer. Waterworka... 11 delivery:

Amer. Cancer

103)

1041

Int. Tel. & Tel.

112

103

Oct...11

Amer. & For. Power Amer. & For. $7 pt. 22 Amer. Locomotive... 231 amer. Metals ...................... Amer. Radiator

41

41

Kennacott Copper ...

471

471.

Oct. 13

22

Libbey-Owens- Ford

buyers

sellers buyers sellers

Change

22

01259

573

561

SPOT.....

29-1/4

39 18

391

Lockheed Aircraft ---

151

184

JAN.-MARCH ...

29-7/8

171

Loew's Inc.

533

531

APRIL-JUNE...

30-1/8

Amer, Rolling Mill..... 19% Amer. Smelting

181

Martin, Glen L. .......

241

241

637

521

McKesson & Rob,

263

bins. $3 pí.

331

331

147

Monsanto Chemical 991

991

891

Montgomery Ward. 511

517

111

Nat. Dairy Products 141

14

$6.85 $0.65

12

$10

$181

$.90 $33

U.S. DOLLARS Qucted at the opening at 29 1/2 buyers bidding 29 5/8. Some business was reported at 29 7/16 for October and November.

Anaconda Copper. Atchison, T. & 8. Ft. Auburn Motors ......

381

38

Nat. Distillers.......

261

26

391

38+

Nat. Power & Light 71

73

4

34

Nat. Supply Corpa. 172

17

"

Baltimore & Ohio ...

82

9

New York Central... 201 101

29-1/4 29-1/3 29-3/4 of 3/8 29-3/4" 30

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

During the morning session the market ruled dull and featureless. Demand for "actuals" was moderate" whilst dealers and speculators displayed no interest to operate,

In the afternoon the market became easier on some liquidation, which, coming on a narrow market, caused a gradual price-decline of 1/4 cent for all deliveries.

Closing tone was slightly easier.

29-1/2

29

of 1/4

30-1/8

30-3/8

of 3/8

Barber & Co.

217

21-

N. America Aviation 10

ና

10-

Barnsdali Ofi

1611

16

North America Co. 221

23

LONDON RUBBER

At

Bethlehem Steel

624

621

Northern Paciic

123

121

H.. Hotala

$0.90

H.K. Landa .........8.

188.30

$107) De, 4% Dah~asures

$105

1 p.m. there were sellers at 29 3/8 October November, buyers at 29 1/2 Cash, and 29 7/16 October /November,

Boeing Airplane Co. 261

35 Borg-Warner ma Briggs Mfacturing 35*35

261

Pacific Gas & Elec

277a

271

331

Pacific Lighting

403

41

Packard Motors.

5

42

$7.60 Shanghai Landa 5.

$5.80

$5,80 H.K. Basilios:

89.80 Humphreya ................ 198

Chinme Estates ...........

Cotton Mill

#171

$1870 Ewos (8.) Sommaren.

$36

B'hai Cottons (8.) ............

$90

Dollars 15 7/8 Norn.

$24

$84

Zoơng Sings (8.).........

$12

Wing On Tertilim (15.)

$49

SHANGHAI DOLLARS. 186 Nominal

SHANGHAI MARKET

Sterling 8d Nominal.

THE AFTERNOON

Brooklyn-Manhattan

TTADE. ...**** Brooklyn Manhattan sa cum pf. comme Canadian Pacific ... Case. Josua Chesapeake & Ohio. 25) Chrysler Corpn.

Paramount Pictures 117

114

11

10

Pennsylvania R.R..in

217

22-1

SPOT... JAN.-MARCH APRIL-JUNE

8-11/18 8-9/16

8-11/16 8-3/4

Previous close To-day's close buyers sellers buyers sellers 8-1/2 8-9/18

8-1/2 8-3/8 8-9/16

8-5/8 8-11/16

Change

8-5/8-

of-1/8 unch. of 1/16

Phillips Petroleum. 38

361

311

301

Public Service of N.J.. 312

314

WINNIPEG WHEAT

61

'6+

Pure Oil

91

9+

95 1

96

Radio Corpn." of Am.

8

71

CLOSE

OPENING

CLOSING

341

Republic Steel

191

191

TOŁ

18t

Reynold Tobac. "B" 44

433

October December

83 - 60

Public Utilities

$17

$17.10

11:

Tramways...

The market continued easy in the afternoon.

Columbia Gas & El. Columbia 6% - “A” pf.

71

Schenley

191

191

May

60 3/4-7/8 60 1/8-1/4

59 1/2-1/2 60 1/4-3/8 59 3/4-7/8 83 ·83

63 1/4-3/8

CHANGE 0-1/8 up

0-1/4 up

0-1/4 up

75

76

Schenley, 51% pid... "73

12

$77

¡Y'mati

DG.

|$691/9}

Peak Trama (old)......

Fosk Trams (DeW}-------

Star Farristat

Farrion C.R.

$11.1~ China Lights (old)..............

H.K. Electrica Pa

(new)

+

$10.90

#10) China Lights (2##)...........)

62:34

$101

359

$171 Macao Electrics

"

Bandakan Laghta

Telephones (old)...

$0

Telephones (new},

$9

26/

Tractions Vows announces

28/

Tractions (prat.) amantas

Indwirtals

$14

Cald.. Macg. (Ord.).

$13

Cald., Macg. (Fr.) B.

$3.70 Canton loea

817,20 Cemanis ..............

$1.80 $17.20

185 3/4

$4.65 Ropes uku

Miscellaneous

$38

Dairy FarmaN

$254

Ch. R'iainmenta.

$1

Constructions (öld)...........

Constructions (new)....

$18

Lane Crawfords.......

$8)

Nanyang Tobmoon'

戳

$2

$8.10

172.

Ch.0.6% 1995G.$84.

$3.59

6pm

Gors, 4% Logas

721%

$106

| H.K. Gert: 83 % Loans

42

47

H.A. Wig On

S'hai-Wing On ... ****

86.85 Vibro Piling

$101

471

$8.40

16/3

Maraziano Inv. (Lon.}

3/4

Maramam Inv. (H.K.)

STERLING

Some bustriess was transacted at 1/2 29/32 for October and also for Cash. The market closed with sellers at 1/2 7/8 October January. buyers at 1/2 29/32 Cash.

U.S. DOLLARSTM Some business was done at 29 3/8 for cash. The market closed with sellers at 295/18 October buyers at 29 3/8 for cash.

SHANGHAI DOLLARS

SHANGHAI MARKET Sterling Bd. nominal. Dollars 15. 3/4 nominal

H. K. STOCK

རྗ་

EXCHANGE

YESTERDAY'S

OFFICIAL

QUOTATIONS

Commercial Credit: 54} Commonwealth & 8. Commonwealth & 8.

6% cum pt. ....... Consolidated Edison 294 Consolidated on Continental Can Continental Onl

54

Sears Roebuck

781

December

High

Low 80-3/8

50-3/4

11

1.

Shell Union Of

15

141

Socony-Vacuum of

131 13

41

42

Southern Pacific

191

191

30

Southern Rly $5 pid.

241

24

83.

82

Standard Brands

8:

N. Y. Commodity Market

45

441

Stand Gas & Elec.

41

44

441

23

27

Corn. Products ...... Curtiss Wight (C.) 51 Cartis Wright "A" 241 Dutillers Corp. Sea-

704

701

Stone & Webster: 111"

Standard Ou of N.J.- 513°

511

114

51

Bwift International 28

284

2411

Technicolor

23

223

Texas Corpn.

411

414

STREA

17 .51. Douglas Aircraft ..." Du Pont

161

Texas Gulf Sulphur 34

341

New York, October 11 (Tuesday)

511

20th Cent. Fox.

37

261

351

35

1433

144

do. $1, pf.

New York Cotton

Dec.

By Courtesy of Mesars, Swan, Culbertson & Fritz and S. L. Levy & Company)

Prev. To-day's High Low Close Close Change 8.39 8.285.29

8.28 .01.

Eagle Picher Load 122

121

Union

Carbide

&

New York Rubber

Dec.

Elec. Bond & Share Elec. Bond & Share

В

01

Carbon

874

87

Chicago Wheat

Dec.

641

17.25 17.18 17:29 17,18 11 of

647 84

641

Union Pacific

.981

95

U.S.

$51."

551

561

United Aircraft ...

301

301

Chicago Corn Winnipeg Wheat

Dec............ 548,

60 Dec..........

44E 591

46

448

afr

591A 591

unch.

#

Elec. Bond & Share

United Airlines Trans 101

101

$84

60

se pr......

United Corpo. ........ 31

31

NEW YORK COTTON

I

Elec. Power & Light

United Corpn. 53

$7 pí......

391

40

cum. pi.

34

34

Flintrote

23

271

United Gas Corpn.

32

31

October

Close 8.24 N

Opening

8.25 N

Closing 8.28/28

. Changs

.02 up

Gen. America Trans

524,

543

Un, Gas Tprovem't 101

101

December

8.20/30

8.30/31, 212, 8.28/29

01 of

Gen. Flectric

441

553

U.S. Rubber

527

521

January

(1939) ...

8.24/24

8.27/27

8.22/22

:02 01

Gen. Motor ..

491

481

(U.S. Rubber $8 pfá... 981

98+

March

(...

8.21/21

8.24/25

8.20/21

.01 of

Gen. Rallway Signal

234

23

U.S. Steel

63

83

May

8.11/11

8.15/15

8.11/11

Glidden Co.

1215

244

Vanadium ......

2017-201

July

8.08/09

8.12/12

8.06/06

unch:: 20 off

Goodrich (B.F)})}

24

-244-

-Warner Bros. Pict...

-01-

Spot

8.50 N--

3,55 N.

Goodrich' pt.

591

59.

Goodyear Tire & Co.

301

301

***

***

90 eta

WAL. Powells momen

190.cta.

*Bales to Shanghai

Market was unchanged.

BUYERS

Great Northern Iron

Westinghouse Elec. 115 Woodward Bron Cor. 204 Chase National Bk. 331*

117

201

NEW YORK RUBBER

3241

Ore

134

131

National City Bank 251*

25

December

17.29/29 17.20/22

17.18/19 -

.11 of

Great Northern R17. 231 +

233

Call Money

1%

1%

March

17.30/30

LONDON EXCHANGE RATES

Parts

Geneva

Hong Kong

Bombay

Montreal

{British Wireless Service)

Oct. 11

178-59/54

20.95

11:88

Oct. 12, 178-27/23 20.921 11.85

Athens

5471

Milan

901

903

Lisbone)

1101

Stockholm

19.41

"Shanghai

81.

New York

4.70

4.743

Amsterdam.

8.764

·8.74

Vienna ............

}

Prague...

138

Atoks, 33

Helsingfors

2261

Bucharest

660

1/3

1/5-15/16

4.80

28.13"

4.79 28.071

Yokohama

1/2

Belgrade:

210

Buenos Aire

18.03

18.97)

Monte Video

197

2-31/32 22.40

3.

101

101

31% 1014

19-0/16 191 31% 100)

Berlin

Prussela

Rio de Janeiro

Copenhagen

Oslo'

Silver (Forward)

Silver (Spot)

War Loan

LONDON:-

Closing Quotations

October: 13, 1938.

Telegraphic Transfer... }1/98 -

Bank Billa on demand Credits, 4 months, night • 1/8).

ON SHANGHAI

On demand

OT SINGAPORE Simu

‚“On demand”

JAPAN

·On demand

·Tenta

alógraphic “Transfer..

475 nom.

1061

13/18

Ús New YoKEL-

Bank Bills, on demand 291 Credits, 80 days' night: 20% ON BATAVIA:

On-demand

ON PARIS

Bank Bills, on demand. 1,100 Oredite, 4 months' night 1,185 UN SALDÖNTHAN) -

On demand

ON MANILA:

On demand

ON BANGKOKTA

On demand.....

Sovereign Notes

"Ban) Buying" Rate...........

110

59

149)

1/3-1/6 197

Peak Trams "(Old), $62. Union Waterboats, $9. Sandakan Lights, $10. Govt. 34 per cent Loan, par.

SELLERS

Hongkong Banks, $1455, Hotels, $6.90.

· Lands, $38.

SALES

Electrics, $594/59.

Marsmans (Lon.), 16/3: (Prices below in Phil Currency)

Antamoks Pa., .36

Benguet Consol., 11.80

Coco Groves, 434

Consol. Mines.. 00.35

Paracale Gumaus .12 San Mauricio, .78 Suyeo..Consol, 18). United Paracales, 36.

BERMUDA'S RECORD TOURIST TRAFFIC

The growing importance of Ber muda as one of the leading tourist centres of the Colonial Epure is shown in the annual report on the lalands for 1937.

SILVER MADE STAINLESS

Triumph Of Three Scientists

Silverware which will not tarnish Is made possible. through a discovery by Dr. G.. J. Thomas and -Dr. L. E. Price, Cambridge metallurgists, with the advice of Dr. U. R. Evans, also of Cambridge.

They have found a means of covering the Allver with a alm hard but invisible.

This is the secret of stainless steel, where the film consists of a compound of the metallic con- stituents and the oxygen of the air.

SHANGHAI

INDUSTRY

DESTROYED

As China's chief industrial centre, Shanghai used to produce half of China's industrial pro- December ... ducts. Before

the outbreak of May *.. hostilities in Shanghai last year, July over 5,200 Chinese factories were concentrated in the area.

a

Of this number 22 were woollen fabric factories, with total October

textile December capital of $1,980,000, 31 factories, 112 silk factories, 83 May haberdashery manufacturing plants. 103 machinery plants, 6 dyeing factories.. 14 paper fac tories, 8 leather factories, 31 glass. factories and 6 match factories.

December March

NEW YORK HIDES (New Contracts)

13.03/Da 12.92b/991 13.05 N 13.30/38 13.27/32 13.41/42

44.80b/45.20 4495 N,

42-3/4 4.75-7/16

During the Shanghai hostili-

NEW YORK STRAITS TIN- The new alloy Includes 1 per ties, 35 per cent of the factories

45.20 N cent. aluminium. When it is treated in Chapel and 20 per cent. of December

those in the southern area of NY-Silver, Official 42-3/4 in an atmosphere of hydrogen,

They NY-L'don Cross Rate... 4.75-13/16 containing a small amount of "Pootung were demolished. water vapour, the alloy is covered constituted about 70 per cent.

of the entire number in Shang-- with an oxide of alumini

According to ap estimate

WOLFRAM MINING

CONTROL

KWANGTUNG'S NEW

BUDGET

Increase in the tourist trafne in the last few years is reflected in a general expansion of trade and The researches have been pro-hal. finance. There was, however, a ceeding for three years in the "decline during the year under re-laboratory of Prof. R, S, Hutton. made at the end of last year. view in certain aspects of agri- Assistance has also been given by about 2000 factories in Shanghal culture.

during the Goldsmiths' Company, the were demolished

the Private mining of wolfram and Mr. Tseng Yang-fu, Mayor of The estimated population In- clerk of which, Mr. Walter T.. | hostilities, incurring a loss of manganese, ore, which are to be Canton and concurrently head of creased in 1937 to 30.051, against Prideaux, said that definite pro- | over $5,000,000. A more the census total for 1931 of 27,789 gresa had been made, SA and the 1921 Agure of 20.127. The number of visitors was 83,092, the highest ever recorded.

Imports, domestic exports and re-exports were valued at £2002, 887, compared with £2,027,388 in 1930 and £1,516,044 mm 1933. Total shipping entered and cleared dur ing the year was 6,227,383 tons.

recent found-in abundance in Chung-the- Provincial

Department

念 Investigation shows

Further research will be noces more than $8,000,000.

wary; to aæcertain the wear-resist ing properties of the alloy, and also to decide whether what 14 has

of

loss of shan District, is to be regulated Finance, has decided to appoint

in future by order of the Natural a special committee to investi. Resources Committee of the gate budget requirements for

1039, saya a Canton report. Military Affairs Commission,

The budget will be drawn up been found possible to do in the both members of the Institute of

Those engaging in the work so as to allow of maximum a laboratory can be made economi- Metals and in October, they will are required to register with the penditure on defence, needs, and cally possible in the silversmith's read paper on their researches | Committee, which will exert filli provision will be made for workahop.

ing, which is every effort to combat illegal ex-militia training and the citizens Dr. Thomas and Dr. Price are to be held in the United States ** | port. of the minerals,

defence programme)

† ez div.

• bld

May September

17.36/36

17,25/28 17.30/27

17.20/22-

.10 of

17.19/25

.17 0

17.42 N

17.25 N

.17 of

Sales for the day :--

3.180 tons

CHICAGO WHEAT

December

May July

64/841 644/641 654/651 651/651 644/044

041/04

€5+/65*

841/641

Monday's Sales:---

7,297,000 bushels

CHICAGO COEN.

45/45+

481/481

45/45% 444/441 481/48) 48/481

492/492

491/400

off

WINNIPEG WHEAT

59) B 59 A 03/63)

591/591 591/591

80/00

· 501/591 63/63

up unch.

unch.