1938-10-22 — Page 12

Daily Press 孖剌西報 All

Dayara Ballara

sales

Nominal

FRIDAY, VIOCT. 21.

Hayers Ballers

$1,400 ($1,420 #1,410

HI. Banks ... | 81,400]

91.408

Do. (Col Beg.) stu

£86

En

Do. (Loa. Bey) ...........!

Chartered Banks

824

Marcantils Bra. "A"

213

Mercantile Bk

"0"

£9 £29 £13

$88

Henk of East Azis ...

N. C. & 8. Banks

$2

Insuranoon

$293

$220

Canton InsuranceR00

$500

Union InsuraIADOR **** Underwriters Comment

ax.div. $495.

$2

Amer. Can dien

$200 H.K. Fires mism

Shipping

$900

Amer. & For. Power Amer. & For: $7 pf. 21

168

$86

Amer. Locomotive ..

$19

$19

$00

$00

24

124

47

57/6

$0

15/9

#9.30

Providents New), $6.20. Hotels, $81. $8.30. $8.45, $8.70,

$6.80, $8.90.. $81. 56.70. Lands. $37, $361, $30.10, 336, Tramways. $161, $161. $18. $164.

$10.80 $164.

Amer. Metals........ Amer. Radiator

Amer. Rolling Mill...

Amer. Smelting......

Amer. Sugar Ring... 273 Amer. Tel & Tel.

Ainer. Tobacco ""B"

Star Ferries. $741.

Aer. Waterworks

Alchton. T. & S. Fe -38

$121

30.49

$581

Baltimore & Ohio...

Telephones (Old), $24.

Barber & Co..

Cements, $161

Barnsdall Ol

818

$180

Dairy Farms. $24. $244, $25.

Bethlehem, Steel

331

Watsons. $7.00.

Boeing Airplane. Co.

Gort. 4 per cent Loan, 8 per Borg-Warner

cent FremL.

3riggs M'facturing.

$9.80

136

Brooklyn-Manhattan

Tran.......

$100)

BUYERS

Brooklyn-Manhattan.

$7.60 Shanghai Lazda 8.

$6 cum. pr.

H.X. Boultion

$51

SALES

Canadian Pacific .....

Humphrey. ..............

195.

Chinese Estates .......................

$at

Cotton Mills

Hongkong Banks, $1410. Wharves, $122.

Case. J.I.

Chesapeake & Ohio 34

$167

Chrysler Corpn. ......

316

EwOB (8)

aus

S'hai Cuttons (8.).....

890

Columbia Gas & El

124

Zoong Sing (8.).......

$24

ai

€12

Wing On Textiles (B.)

$43

Hotels, $8.70.

Columbia 6% "A" pt.

Commercial Credit

36)

323

$10.40

16.00/7

Public Utilities

Tramways.. ** Pesk Trams (old)...... Foak Trams (new).. 274:Star Ferris 34mati Furries C.R. Do. (new)

China Lights (old)......

Commonwealth & 8.

$16.60

Commonwealth & 8.

134

6% cum pt.

$75

$242

Consolidated Cil

1231

810.70

Continental Qu

$9.00

hina Lights (new).....

$10.15

$50

3581

H.K. Electrics...

SSR

Corn. Products

$17

Macao Electrica

Curtiss Wright, (C.)

$10

$24.60

$8,70

Sandakan Lights

Telephones (old).

Telephones (new)......

Tractions A

2251. 30

Curtis Wright "A" Distillers Carpz. Bea-

:

#161

..

$1.70 Canton Ice

Cementa

Rapes.

Miscellaneous

Sinecros

Watsons

24

28/3

Tractions (prul.}

Industrials"

-M

$34

{}

Cald., Macg. (Prod.) 8.

Cald., Murg (Ord) 8.

84.

$440

#241

$25

Dairy Farms

8241

BR1

Ch. É'ainments -------

$6

#1:

Constructions (old).............[

Constructions (new)..........

881

Lane Crawforda..........

Nanyang Tobacco .....

$7.80

$8

$7,80

70

Ch.G.5% 1925G.$Bds

$7.80

6pm

H.K. Govt. 4% Low

8106

B.K. Govt. 31% Lonza

347)

ELK. Wing On ..................

par

S'hai Wing On...............

$8.45

Vibro Piling

5471 Bot 30.40

15,8

Marsmans Inv. (Lca.)

3

Karaman Lov. (H.K.)

Win. Powells

100 cha

92/0

!!

$8 pr....

Elec. Power & Light

$T DI: Flintote

Gen. America Trans

Gen, Electric

MARKET

Gen. Motors..

Gen. Railway Signal Glidden Co.

*Sales to Shanghai

LONDON EXCHANGE

(British Wireless Service)

RATES

Oct, 20

for November.

Paris Geneva "Berlin

Athens

Milan

Lisbon

'Stockholm

Helsingfors

Ouk 19

178-41/64

21.01

11.90

178-47/64 20.95 11.8%

5-471

901

90-5/16

1106

19.41

Shanghai

20.

New York

4.771

4.761

Amsterdam

8.771

8.781

Vienna

Prague

1362

1381

2261

Bucharest

660

Hong Kong

Bombay

-1/2-15/16 1/5-15/16

"Montreal

4.821..

4.81

Prussels

28.26

28.111

Yokohama

1/2

Belgrade

210

Buenos Aires

18.02)

19.01

Monte...Video

10.05

Rio de Janeiro

3...

Copenhagen

22.40

·Oslo .....

Silver (Forward)

192

191

19-13/10

31% 1002

19-11/16 31%

100%

1

A Refugee Relief and Provisions

established at Macao. Restrictive

afternoon.

STERLING

and 1/2 7/8 January.

IN

NEW YORK:

ON BATAVIA:-

Ori demand PARIB:--

Silver (Spot) War Loan

Closing Quotations

clober 21, 198,

LANDON :-- Telegraphic Transfer... 11/3 Bank Bills, on demand ƒ Credits, 4 months' sight. 1/31/16 PON

UN SHANGHAI :--

On demand

UN SINGAPORE:-

'On demand.

13/18

$1.80

$161.

Provideats (Old), $8.40.

Providents (New), ̄$8.20,

Dairy Farms, $25.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS. REPORT

Silver prices dropped 1/8 yester- day for both deliveries, the quota- tions being 19. 11 18 for Ready and 19. 1/2 for Forward. Silver ad- vices reported the market as being steady with

very por support. Endla resold to a small extent. Later there were buyers at 1:16 over the quoted rate but sellers were reserved. American Silver was quoted at 42 3/4 for Spot.

The London New York cross- rate was quoted at 475. 50. New York/London was quoted at 475. 3/16.

Quet..

. "STERLING

grams Douglas Aircraft Du Pont

Eagle Picher Lead -131 Elec. Bond & Share 123 Elec. Bond & Share..

$5 at. Elec. Bond & Share

Goodrich (B.F.) Goodrich $5 pf....... Goodyear Tire & Co. 32 Great Northern Iron

13 Oregedegen Great Northern Rly, 221 1/2 Great Western Sugar 29 -

A small transaction was reported early in the morning at 1/2 15/16 for: Cash. There were sellers throughout the day at 1/2 29/32 November December and 1/2 7/8 1/2 January/March buyers at 15/16 Cash January, and 29/32 February March..

U.S. DOLLARS

Business was reported at 29 1/2

Towards lunch

time there were sellers at 29 1/2 SINGAPORE STOCK | BRITISH LOAN TO

October and 29, 7/16 November December, buyers at 29 9/18 Cash October and 29 1/2 December.

SHANGHAI DOLLARS

186-1/4,

SHANGHAI MARKET Sterling 8d. U.S.$. 15. 13/16. .: THE AFTERNOON. The market was

qwet in the

The market closed with sellers

- QUOTATIONS

The following quotations of, 12 leading Singapore stocks have been acceived by Messrs. Ellis and Edgar from Messrs. J. M. Sassoon & Co.. Singapore.

Singapore, Oct. 14 RUBBER SHARES

at 1/2 29/32 October December Kempas Limited-

buyers at 1/2 15/13 Cash /Decem-

Co., Ltd. ber and 1/2 29/32 January March. Pajam, Limited

Sunget Bagan Rubber

to

CZECHS

over

New York Rubber

It is understood that the Nazi authorities are definitely declin-

any part December ing of the Czech foreign debt service. January although so large a proportion of March the country's revenues and assets May had fallen into their hands, says July

October the "Daily Herald" (London).

What is worse, the whole of the

Spot £10,000,000 of sterling being ad- vanced to the Czechs by the Bank of England is likely to find its way direct into Nazi hands.

December The Czech notes in circulation | March

TS. DOLLARS

Estates Ltd. There were sebers at 29 1/21

Bank, and the Nazis are insisting Sales for the day;--- October and 29 7/16 November Tapah Rubber

Estates Limited 1.90 that they should be redeemed by /December, buyers at 29 9/16 Cash!

the Eank with foreign exchange. TIN SHARES /October, and 29 1/2 December,

Petaling Tin Limited possibly November.

Sungei Luas Tin

Dredging Ltd. INDUSTRIALS

Company Limited United Engineers

SHANGHAI DOLLARS " 186 1/2.

MACAO EMERGENCY MEASURES

Straits Trading

Ltd. (Ordinary)-

Control Committee has been Wearne Brothers Ltd.

%AFIVE GOODS,

0.25

COMPANY

To promote Chinese goods in Hongkong, a group of local Chinese residents is planning to establish Ltd. with a total capital of $200. 000

measures are being taken withi Raub Australian Gold: Mining the China. Native Goods Company,

5.05 regard to the export of foodstuffs. Co., Ltd.........

Note: The above quotations are 2013/16 Macae authorities have only pro- in Straits Dollars.

It is stated that, so far, the

Bunk Bille, on demand 29-3/16- Credita, 60 days' alghs

631

Bank Bills, on demand 1,005 Credits, 4 months' sight 1,180

376 nom.

UN SAIGON

On demand

621

MON MANILA:-

On demand

IN JAPAN:-

ON BANGKOK-

On 2emand

105

On demand

Ka Tenta:.

Sovereign Notes

Telegraphic Transfer,

Jakik demand

Bank Bang Rate....

1001

160

1/3

hibited the 'export, of firewood and chicken..

HUGE GERMAN.

DEBT TOTAL

Berlin Oct. 21, Aince the Nazis came into debts of power, the internal

Germany have risen to £13,000, 000,000. It is not known whether this figure include 1811/18 toans-Reuter.

short term

RELCHSMARK QUOTATIONS

The

Berlin, Oct. 27: Reichsmark was quoted without guarantee ati

New York, 40.08 Paris, 1507

Amsterdam. 73.60 to: 73.65 London, 11.905

Faris Sterling, 178.71 to 176.77 Paris US Dollar, 37.475 to 37,49. Transocean.

Wellington, det 21.

New Zealand banks have decided

to increase by ten shillings per December cent. the exchange rate between March

New Zealand currency and sterling.

For £100, the TT selling rate

of £12410 will be increased ́ ́fo 2125, age

NEW YORK BIDES: (New Contracts)

13.27/27

13.64/65

13.20b/25a13.25b/30

13.35b/60a: 13.62b/66a;

NEW YORK STRAITS TIN

45.85 N

42-3/4

December Offer currencies would be simt Ny allver. Omelal Iarly affected Peuter

NY-Ldon Cres, Rafe. 4.77-7/8

14.84b/45.353 45.30 N

42-374 4,75-3/16

PAGE 12 HONGKONG DAILY PRESS

DAILY SHARE QUOTATIONS

Hong Kong Stock

!!!!!!

Exchange

1.

16/3

9.7

$3

Banku

Sharebrokers' Association

Waterboats ...ecommunernern

36.85 $6.30 6.75/80

17) cis

$18:1

Donglassnamakka

Steamboats at a matt Indo-Chinas (Prst.)........

| Indo-Chinas (Del.)..............) Shalla ............kattagl

Mining

Kailant la crosseset Raubss Yenszuela Gold Fide

Hong Kong Mines......" Docks, Wharves, Godowns, ate. H.K. & E. Wharves... Providenta (old) ...................-- Providents (now)........ H.K. & W. Docks....

Do. (now)..........

3134 Shanghai Ducks S..... $3.90 Sew Engineerings 8.

Lands, Hotels, and Buildings

H.K. Hotels. H.K. Lands.......8.

$107) Do. 4% Dehsutures

$120

$8.35 10.15

140/46

16.20

$ID

$364

:

201

+83

$19

H. K. STOCK · EXCHANGE

OFFICIAL QUOTATIONS

Oct. 21.

The week after opening gületly and then passing on to some activity has now eased up slightly. For the time being it appears Buyers requirements have been filled.

In spite of this sellers. who have not been too accom-

show

signs, of medating.

no anxiety to induce further bugins by lowering their prices. BUSINESS DONE DURING WEEK Hongkong Banks, $1400, $1380.

$13724, $1375, "$1385, $1410. Union Insurances, $500, $505. Wharves. $122, $121, $122. Providents (Old), $8.15, $8.40,

$6.45. $840.

* `FINANCE®

:

NEW YORK STOCK EXCHANGE

1948

(Through Reuter's Service).

High

Low Dow Jones Averages 153.48 98.95 30 Industrial

31.77 19.00 90 Raile 34.83 15.11 20 9.70 83.39 40 $39.00 $0.03 11

STOCKS

Utilion

Adams Express ..... Alleghany Steel Co. As Chalmers Amerada Corps.

China Lights (Old), $10, $10,10,Anaconda Copper

$10.20

Electrics. $56, $571. 3571 $58. Auburn Motors

CHANGES (3.15 p.m.) CLOSING

QUOTATIONS

wharves. $121..

Oct 31, 1938. High Low Ulose

Change.

151.90 149.46 161.59 1.80 ap

SATURDAY, OCTOBER 22, 1938.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE. BUILDING

HONG KONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

SINGAPORE RUBBER

Oct 10

buyers sellers

28-3/4 49 20-1/4

25-1/2

29-1/2 29-3/4

Oct 20 buyers sellers

Change

"

38-3/4 29

unch.

29-1/4 28-1/2

29-1/2 29-3/4

The market opened 3/8 of a cent lower for all deliveries as com pared with Wednesday's closing rates..

in sympathy with easter advices from London and New York the market ruled dull and very quiet early in the morning. Demand for "actuals" was moderate whilst dealers and speculators preferred to maintain side-line positions.

Later in the session the market encountered easiness on some speculative selling and profit-taking. which, coming on a narrow market. caused prices to decline by a further 1/8 vent for all de- liveries.

#

Overnight-cables from New York reporting on lack of support by manufacturers caused further speculative selling, and due to the reluctance of buyers, business was passing at as low as 20 cents for January-March and at correspondingly higher rates for mere distant deliveries

Closing tone was very dull.

In authoritative Rubber circles in Loudon the opinion prevails that higher prices may be looked for with improving consumption and a better statistical outlook during the coming months. But it is also believed that more or less sharp reactions may be encoun- tered from time to time, which would provide suitable occasions for making purchases,

Unofficially Total Malayan Shipments for October are estimated at 42.500 tons as against 40,992 tons actually shipped during Sept. LONDON RUBBER

QUOTATIONS

Oct 18

150.02

34.71,

31.03 20.33 30.90

.98 up

23.45

· $3,03 93.21 *83,64

Jup

Boods

89.58

$9.50

.vi up'

Commodity Tunes

4.ไม่

48.60

> up

Business Dono:-1,630,000 shares.

Last Sale

STOCKS

Last Sale

Oct, 19

20

Oct. 19- 20

122.

124

Greyhound Corpn. 19

194

184 -

182

Hecker Products

81

81

513 521

Int. Nickel .....

547

56

16

UR 673

Int. Tel & Tel.

1001

1011

Kennecott Copper ...

483,

191

SPOT

42

41

Libbey-Owens- Ford

JAN.-MARCH

201

Glass

551

553

APRIL-JUNE

231

2+1

Lockheed Aircraft...

10

104

431

43

Loew's Inc.

551

551

181

18

Martin, Glen L...

201

30

10

10

McKesson &

Rab-

543

544

blas, $3 pt. ........ 35

51

271.

Monsanto Chemical 104.

1033

1463

147

Montgomery Ward...

514

523

AD!

DON

Nat. Dairy Products 141

141

13

131

Nat. Distillers

271

381

301

National Load

271

381

Nat. Power & Light

.BR

4.

33.

Nat Supply Corpn. 163

. 83 173

81

81

New York Contr... 191

201

22

221

N. America Aviation 13

14

131

172

North America Co. 231

237

623

61

Northern Pacific

121

123

371

29

Pacific Gas & Elec

28

291

341

35

Pacifc Lighting

401

12

35! 351

Packard Motors...

51

5

Paramount Pictures 11

121

101.

11

Pennsylvania R.R...

211

215

Philips Petroleum. 38

394

321

314

Public Service of NJ, 32

*331

61

61

Pure Ol...........

104

114

931

92

Radio Corpn. of Am.

72

81

35A

Republic Steel.

191

191

802

821

Reynold Tobac. "B"

44)

**)

84

82

Schepley Distillers

120

191

50

75 *

Schenley, 5% pfd... 721

71*

55

541

Bears Roebuck

774

76)

11

17

Shell Union Oll.....

15

153

SPOT

Socony-Vacuum Ol

*131

14

JAN.-MARCH...

487

401

Southern Pacific

19+

201

APRIL-JUNE".

Previous close To-day's close

buyers

sellers buyers sellers

Change

8-3/8

3-7/16 8-1/2 8-9/16 8-0/18 8-5/8

8-5/18

B-3/8

off 1/16

8-7/15

8-1/2

of 1/16

9-1/2

8-5/8

off 1/16

Consolidated Edison 314

321

Southern Ely $5 pfd.

241

261.

87

91

Standard. Brands...

71

71

Continental Can ..... 447

41

Stand Gas & Elec.

41

41

-273

201

Standard Oil of NJ.

521

531

631

691

Stone & Webster ...

127

13

62

'Swift International 281

281

254

251

Technicolor

221

221

Texas Corpn..................

41

439

20

201

Texas Gulf Sulphur 34

341

561

571

20th Cent. Fox.

26"

201

1461

147

do. 51% pf.

35**

351

134

Union Carbide

&

132

Carbon

874

873

Union Pacinc

... 06

05

601

501

United Aircraft....... 234

331

United Airlines Trans 10

111

-65

65

United Corpг..

4

4

United Corpn.

33

401

413

cum. pi......

30

361 ·

281

271

United Gas Corpn.

4

37

524

52

Un.. Gas Tprovem' 11

11

Prices eased on November liquidation, profit-taking and lower Eastern advices, but steadied at the decline,

NEW YORK COTTON

Prices early advanced on Trade and foreign buying, then par-. tially reacted on liquidation and hedge-selling and later again ad- vanced on active Trade and Wall Street buying Contracts, on the. whole, were scarce and prices finally closed, steady.

NEW YORK RUBBER

This market reflected lower cables from the primary markets- and prices opened lower, while a further decline followed later on commission-house liquidation and local zelling. This was mainly ab- sorbed by Trade buying and prices Anally steadled in sympathy with the better feeling on Wall Street and the market, closed quietly

steady.

CHICAGO WHEAT

The strength of corn futures and apprehensich with regard to crop conditions in the South-West touched off Eastern buying and prices advanced on this factor together with covering by shorts, the Armness of securities and fears of frost in the Argentine.

443

442

¡U.S. Rubber

521

531

497

501.

US. Rubber $8-pid... 97

97

23

221*

U.S. Steel

623

631

241

25

Vanadium

231

231

*244

254

Warner Bros. Pict....

74

71

611 611

Westinghouse Elec. 11'

117

321"

Woodward Iron Cor. 203.

20

131

Chase National BL 327* National City Bank 251

23

253*

N. Y. Commodity Market

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

237.

Call Money.....

1%

1%

New York, Oct. 20 (Thursday).

294

tex. div.

* bid.

New York Cotton

Prev. To-day's High Low

Close Cluse Change 8.28 '8.26 8.41 .15 Dec... ... 8.42

up.

16.85

16.85N 10 off ~Dcc..

16,80 16.35

Chicago Wheat

Dec.

65

641 012 651

3 up

Chicago Corn Winnipeg Wheat

Dec.

481

443

444 46

up

Dec.

61

598

60 607

1 up

NEW YORK COTTON.

Close Opening

Closing

Changa

take

2.25/27

8.31/31

8.41/42

.15 up

(1939)

1

8.21/21

8.25/25

8.34 N

.13 up

2.16/16

8.10/20

8.31/32

.15 up

( ) ...

.....

... 7.96/96

8.00/00

8.13/14

17 up

... 7.83/83

7.87/87

7.99/96

.16 up

Amalgamated Malay

Estates, Ltd.

March,, Kuala Sidim Rubber

Middle Price $1.70 1.95

2.40

1.90

1,50

in the Budeten aren, are, of course, May labilities of the Czech

National September

7.57/57

7.63/02

7.69/70

$12

up

8.55 N

8.70 N

15 up

NEW YORK RUBBER

16.95/95

17,00/01

16.80b/90a 16.88/82

16,85 N

.10 off

16.81/87

.:13-off

17.01/01

16.90/02

16.89/90.

.12 of

17.05 N

16.01 N

.14

,1,630 tons

CHICAGO WHEAT

3.00.

-1.61

This is why the £10,000,000 of

sterling is needed so urgently to December protect Czechoslovakia's currency. May

641/65

-647/041

851/651

861/601

-6637608

· 671/67)

July

651/652

67/667

Wednesday's Sales:--

11,230,000 bushels

28.75

15.00

GOLD

December

May

July

442/441

48/472

CHICAGO CORN

444/444 48/48

491/491

45/461 492/491 501/50

up

WINNIPEG WHEAT

N. Z. EXCHANGE, RATE PUT UP

October

December May

61/611

60%/60%

60/601

592/597

632/537

*601/61 64/641

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