1938-10-26 — Page 12

PAGE 12—HONGKONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Sharebrokers'

Association

Infos Nominal

TUESDAY,

Depart

Balleri

Lamina

1,400/ 20...

201

OCT. 25.

Banku

H.K. Banka

De, (Col. Reg.)...... Do. (Lou Beg.)........... Chartered Banka .... Mercantile Bka. "A"

$1.380

2841

BO

ይ! 168

Marcantile Bka. "C"!

£13

Bank of East Asia ....

$18

N. C. & 8. Bank.....

Колигипо

$285

Carton Ingorenscal moun

$500 Union Insurances Lar

Underwriters commessen

20H Fires

Shipping

Steamboats.unuduranam

Douglas

$10

124

Indo-Chinas (Fret.)

Indo-Chinm (Dat.),

87/0 Shell ------

Waterboats ................

Mining

16/9 Kaila

V.io Raube

43

$:00

FINANCE

PRODUCTION DRIVE IN

SHANGHAI SILK FILATURES

·----

Number Recently

* Increased

Declining to "co-operate" occa- with the Japanese in pled areas in Kiangsu and Cheklang provinces, 13 silk. filatures, have removed to the International Settlement in Shanghai.

they Altogether.

:::

12 2900

386

3.8

$60.

$24

passess 2,360 spindles. Twelve more factories are der construction. Together with the two

ones established Shanghai, the number before very long will be 27.

1712-

in

67/8

16/9

39.20

of

Native Goods Encouraged

SAMPLES FOR N.Y. WORLD FAIR

Native manufacturers Hongkong have been" asked by the Ministry of Industry to prepare the best collection of samples possible for exhibition at the New York World Fair "next year.

HONGKONG

THE EXCHANGE MARKET

MESSRS. ROZA BROS.”

Q

REPORT

Silver prices dropped 1/16 yes- terday for both deliveries, the quotations being 19. 5/8 for Ready and 19. 7/16 for Forward Siver advices reported India as having The market operated both ways. was steady." The market remained steady at the close with small American The Ministry has greatly en- buyers at 1/16 over.

native production in Silver was quoted at 42 3/4 for Hongkong, and recently appointed Spot.

couraged

a number of local Industrialists with special knowledge of manu- facture and transportation to the Native Goods Inspection Commit- tee, which has been formed under the aegis of the Ministry.

WEDNESDAY, OCTOBER 26, 1938

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

· COMMODITY MARKET REVIEW

SPOT...

(FROM PAYNE & CO.)

SINGAPORE RUBBER

..

Change

up 3/8

11

Oct 21

Oct. 24 sellers buyers

buyers sellers 28-3/8 28-5/8 28-3/4 29 The London /New York cross-

28-1/2 28-3/4.. 29-1/4 29-1/3

no 1/4 APRIL-JUNE rate was quoted at 475, 93. New York JAN.-MARCH

29-1/4 29-172 29-1/2 29-3/4 up 1/4 London was quoted at 476. 1/8.

The market opened 1/8 of a cent higher for all deliveries as com-" pared with Friday's closing quotations.

MARKET

Steady but stagnant.

STERLING

Price of Chinese silk has gone

account up a great deal on foreign exchange" Standard

Was offered at 1/2 29/32 with In connection with the move- about grade "B" silk now costs

ment to increase production and buyers at 1/2 15/18 which led to $1,200 per plcul.

of export, a limited company is being business at 1/2 29/32 for forward. formed in Hongkong with the ob Closing rates were 1/2 29/32 sel- ject of consolidating and centralls- lers October November and 1/2 ing marketing of goods. The cap-7/8 December/January, buyers at Ital of the company is to be $200,-1/2 15/16 Cash /December and 1/2

29/92 February. 000 and it is understood that two-

U.S. DOLLARS thirds of the shares have been

Were done at 29 9/16 December, taken up by various Chinese banks and others. The remaining un- the market closing with sellers at subscribed capital is to be offered 29 9/16 October/November, buyers at. 29 5/8 Cash /November and 29 9/16 December /January.

In August, China's export

amounted white silk

to $3.011, 927. The chief importing coun→. France Indo-China, tries were and Japan, in the order named. It is remarkable that silk should have gone to Japan.

เง

CHINA FINANCIAL

CONFERENCE

to the pubile.

Anancial con- cles have been requested to send An important ference has been summoned.. by representatives to participate at the Ministry of Finante to be the coming conference, at which held in Hongkong towards the end important measures will be de- of this month. Hongkong and clded upon in connection with Shanghai Chinese banking" cir- China's war finance.

$37

$122

$7

$4.90

$192

.30

$9.30

፧፧

Vanasusin Gold Fids.

17 cta Hong Kong Min......

Docks, WhaIVIS,

Godowns, eta

H.K. & E. Wharves... Providenta (old) ....................: $8,05 Provideoia (now)........ $H.K. & W. Docks.... $16 Do (new)....

124Shanghai Dooks 8... 13,90 New Engineerings 8.

Lands, Hotels, und' Buildings

H.K. Hotels

H. Lands.........8.

$107 Do. 4% Debuttres $7,60 Shanghai Lands S.

H.K. Baltics

Humphreys

19. Chiasse Estates

Cotton Müts

316) Ewos (S.) *g**

$128.

8.45/40

$81

19

18

$.90

331

$6.00 $6.36

*37

$1051

#51

$8.10

9182

S'hal Cottons (S-)

$90

$34

$450

Zoong Sings (8) ****** Wing On Textiles (8.)

$42

NEW

Public Tulities

Tramways

Peak Trams (old)......

118,80/96

161

Feak Trams (new)................

+74

Star Ferrien com

$23

'mali Ferri C.ES

$*%2

$10.70

10.70/9 B

$10 $60

2004/2

$54.00

***

$75

-9231-

Do.

China Lights (old)... $10 65

Chins Lights (new)..... $10.10

H.K. Electric.....................

$174 Macao Electrics 310

Sandakan Lights

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

38.TO Telephones (De#)..............)

tbi- Tractions

$23

$301

8537

$1680 $17 18.50/17.00

$61

TED AR

1938

YORK STOCK EXCHANGE

(Through Router's Service)

Hizb Low Dow Jones Averages 154.11 98.95 30 Industrial

Oct. 25, 1938. High Low Cla 165.38 133.52 1:412 32.08 31.49 31.73 24.57 93.83 24.2

Chanxe ot up

SHAN HAI POLL`RS

Closed 182 1/2 later 178 1/2 at lunch time with sellers at 180 1/4.

SHANGBAU MARVEL

!

In sympathy with conditions prevailing both in London and New York the market displayed a steady undertone throughout the day.

Good enquiries for "actuals" were responsible for active interest in forward positions being shown by dealers and speculators.

After some business having been transacted on basis of quoted rates prices advanced by 1/8 cent for all deliveries, the marke clos- ing with a steady undertone at the higher price-level.

In London the opinion prevalls that no further release for the first quarter of 1939 may be expected due to the automatic increase of the basle quota for next year, whilst the consumption-outlook in USA. is too uncertain to allow of any accurate estimate for the pre- sent quarter, although it is assumed that absorption would amount to In the meantime the about 120.000 tons for October-December 1938, market continues to rule very idle in the absence of buying-interest by manufacturers to any larger extent. In view of this fact only minor price-fluctuations may be expected until after the IRR Com- mittee's meeting on November 15, 1938, when, it is expected, an an- nouncement of the permissible export-quota for January-March 1939 will be made.

*

*8-9/16 ***** B1/2

8-5/8 8-9/16

LONDON RUBBER

Previous close To-day's close buyers

zellers

sellers buyers 8-3/8 8-7/10 8-3/8 8-7/16

8-1/2 '3-9/18* 8-9/18 8-5/8

Change

» uneh.

unch.

'unch.

Firm at the opening but towards lunch time the market was In- clined to easiness. Sterling open- ed at 8. 1/8 sellers. Rates touched

8, 9/32, recedings POT 8. 7/32 and

8. 5/32 subsequently to

with JAN-MARCH buyers at 8. 1/32 October and B. APRIL-JUNE ... 5/32 November. U.S.$ opened with

Market quiet but steady. sellers at 18. 1/8 and 16. 3/16. A

Rubber stocks held in the United Kingdom showed a decrease of little higher during the course of

698 tons for the week ending. October 24, 1938. the day. 16. 5/16 and 16. 3/8. and as last advised at 18. 17Ë~~~ THE AFTERNOON.” The market was quiet in the"

STERLING

14 up afternoon. 51 uj

The market closed with sellers .09 up

30 off at 1/2 29/32 October /November and 1/2 7/8 December (February. buyers at 1/2 15/16 Cash /Decem- Det and 1/2 29/32 January /February.

U.S. DOLLARS The market inished with sellers 29 9/16 October, possibly November, buyers at 29 5/8 Cash 'November and 29 9/16 December. SHANGHAI DOLLARS Some business was reported at 184. 1/2. The market closed with sellers at 183 3/4."

SHANGHAI MARKET Opened with sellers at 8. 1/8. Subsequently there were sellers at 8 1/16 October and 7. 31/32 November. Last advices indicated sellers at 8. 1/32 for Spot. U.S.$ last advices reported sellers at 15. 15/18.

H. K. STOCK

EXCHANGE

"NEW YORK COTTON

The market was early irregular, due to further transferring of old-crop months to October, with Bombay the best buyer. Prices-then cased on increasing hedge-selling and liquidation, but finally reacted partially, on some covering by shorts.

NEW YORK RUBBER

There was, some commission-house selling on a thin market, but buyers were apathetic and there was no feature worthy of note.

CHICAGO WHEAT

Early in the day there was a period of mixed trading, but later there was an appearance of bearish factors, including an increased visible supply, the good crop outlook in the Southern Hemisphere, a weak Winnipeg market and poor export demand.

N. Y. Commodity Market

(By Courtesy of Messrs. Swan, Culbertson & Frits and S. L. Levy & Company)

In spite of the number of con- Chicago Corn

that pervaded Winnipeg Wheat - Dec...............................

maintained,

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

8.45 8.39 8.47 8.41

16.90/92 unch.

יי'

.06 qu

}

QUOTATIONS

Ooty 22

184.11

8277 19.00 20 Railr

31.69

2463

114

20 Utilities

92.0

..71

83.39

4C Bonds

*9.90

59:00 45.08 11 Jommodity Index 49.08

89,99 48,88

21.B

Business Doe:-1,680,00 shares.

26/3

Tractions (pret.) 109999:

Industrials

STOCKS

Last Sale

STOCKS

$14

Caid, Macg 10rd:)-8.

Oct. 22 24

Last Sale Oct. 22 24

11

Cald, Macg. (Prat.) &

Adams Expresa .......

123

12

$1.70 Canton Icsa

$1.80

Greyhound Corpo 20

19

$14.66

$26

$16:40!

Cementa

84.65 Ropes

Miscellaneous

Dairy Farins

Constructions (old).... Constructione (new)..........' Lane Crawfords. Nanyang Tobacco ***

$0.10

C

$18.40

Alleghany Steel Co...

191

201

Hecker Products

9

9

"

34.40

All Chalmers

527

531

Int. Nickel

57

501

at

Amerada Corps,

70

691

lot. Tel & Tel.

103

104

$248

Amer. Can............. 1041

1032+

Kennecott Copper...

491

491

Amer. & For. Power

42

41

Libbey-Owens- Ford.

k

Amer. & For. $7 pí

201

211

Glass

1571

56

Amer. Locomotive... 25%

201

Lockheed Aircraft ...

194 4 198

Amer." Metals .......

44

441

Loew's Inc.

572 591

Sinceros

Amer. Radiator ......

182

18A

Martie. Glen L

30

312

Ch. 0.5%1995G.@Bdz.

87.85

Amer. Rolling Mill...

191

204

McKesson &

Rob-

71%

H.X. Gori, 4% Logna

71%

Amer. Smelting

551

567

bins, $3 pt. co 351

6%.pm!

$106

HK. Gort 31%, Lorna

Amer. Sugar Ring... 201

233

Monsanto Chemical 104

$471

HK Wung Đà N

$10

Amer. Tel. & Tel

1481

149

200

Montgomery Ward - 531-

352 1042

524.

471

$6,55

Vibro Filingsing

101

$35.40

Amer. Tobacco "B". 901 Amer. Waterwork... 141

911

Nat. Dairy Products 143

14

147

Nat. Distillers

274

274

15,8

Maramans Inv. (Lam.)

Anaconda Copper ...

401

401

National Load ........

284

271

✓

2/4

Maramana Inv. (EX)

190 cla

Wu, Powalla ...............

Atchison, T. & & Te.

391

".394

Nat. Power & Light: B

91

100 cia.

"Sales to Shanghai

Auburn Motors......

41

44

Nat Supply Corpn. 17

171

New York, Oct. 24 (Monday).

.

Baltimore & Ohio

81

81

New York Central

201

201

LONDON EXCHANGE RATES

Barber & Co. .............

231

231

N. America Aviation. 14)

144

New York Cotton - Dec.

Barnsdall On

171

171

North America Co. 237

241

New York Rubber

Dec.

17.00 16.90 16.90

(British Wirelem Service)

Bethlehem Steel

*67

667

Northern Pacific

121

127

Oct. 25.

Chicago Wheat.

Dec.

801 651

66

651

Boeing Airplane Co. 28

281

Pacific Gas & Elec

24

281

Dec.

47) 467

483

467

+ up

Oct. 29.

Paris

Genera

Berlin

Athen

Milan

Lisbon

Stockholm

178-45/64

Oct. 21 1721

Borg-Warner

351

341

Pacific Lighting......

*418"

42

ficting

60+

597

60+ 60.

+off

ramcurs

Briggs M'facturing.

361

361

Packard Motors ......

51

554

the market during the day rates

20.981

Brooklyn-Manhattan

Paramount Pictures 121

121

nave "been Well

NEW YORK COTTON

11.90

Trans.....

111

121

Pennsylvania R.R

22

22

though the volume of business

5471

Brooklyn-Manhattan

Phillips Petroleum

397

391

DOŁ

56 cum. pl.

31

331

Public Service.of N.J.

321*

331

Was not on the same generous scale as the previous day.

Close

Opening

Closing.

Change

December

8.47/47

8.44/44

8.41/41

06 off

110

+

Canadian Pacifc ...

61

61

Pure Oll

111

122

19.414

Case. JI............ 951

951

Radio Corpn. of Am.

81

82

Hongkong Banks, $1390,

January March

. (1939)

8.42/42

8.39/39

8.33 N

.09 off

8.40/41

8.30/36

8.31/31

.09 off

Shanghal

8d

Chesapeake & Ohio 381

36.

Republic Steel

20

-20

Hongkong Banks (Lon.), £83.

May

(..)

8.23/28

8.25/24

8.24/24.

.04 off

New York

4.752

4.761

Chrysler Corpn.

841

831

Reynold Tobac. "B" 442

4421

Wharves, $122.

July

8.16/18

8.14214,

8.14/14

02 of

Prague

Helsingfors

Amsterdam

Vienna ....>

Bucharest ...............

8.75+

Columbia Gas & Fl

9

91

8cherley Distillers

191

19

Hotels, $61.

1381

Columbia 0% "A" pf., 80 Commercial Credit. 553.

78 *

Schenley, 51% pid... 72 *

12

'Lands, $37.

October (..) Spot

"..."7-93/94

7.93/93

7.93/93

unch

8.75 N

8.75. N

unch.

56

2287

660

Hong Kong ...

1/2-15/18

Commonwealth & 8. Commonwealth & 8.

6% cum pt.

2

2

Sears Roebuck ..... Shell Union Oll.

781

773

Humphreys, $9.30.

153

154

Tiams, $16.80,

NEW YORK BUBBER

Socony-Vacuum Oil

131

14

Peak Traus (Old), $67.

481.50

Southern Pacific

201..

201

"China Lights (Old), $10.70.

Bombay less sigtunaut

1/5-15/18

Consolidated Edison 313

334

Southern Riy $5 pfd.

27

281

China Lights (New), $10.35.

December "March

......... 18.90/90 16.97/91

16.98/98 17.08/06 16.82/94

19.90/92

wach.

-15 of

Montreal

4.79-7/8

Consolidated Cil

91

Standard Brands -

78

74

Mlecthics $58). "

Vay

16.97/97

17.09/09

Prussels

28.131

Continental Can

454

.4431

Yokohama ..***

1/2

Continental Ol......

30

30

Stand Gas & Elec. Standard Oil of N.J. 591

41

42

Telephones (Old), $24.60.

September

17.01/01

16,90/91

16,85/87"

.12 off

11 of

534

Dairy Farms, $24.85.

Sales for the day

1.070 tons

Belgrade

211

Corn. Products ......

601

691 Stone & Webster

13

13P

Watsons, $7.70.

Buenos Aires dikarin

19.0

Curtiss Wright (0)

7

Swift International 29

29

Monte Video ..........

19.05

Curtiss Wright: "A" 261

257

Technicolor

228

23

Govt. 4 per cent Loan, 6. per

..cent Prem.

CHICAGO WHEAT

Rio de Janeiro

.3.

Distillers Carpit. Sea-

Texas Corpn.

431

434

Govt. 34 per cent Loan, Par.

December

68/661

Copenhagen

22.40

Oslo

Silver (Forward) au

191

grams... 21 Douglas Aircraft... 61 Du Pont.....

214

Texas Gulf Sulphur 344

341

SELLERS

May

88/681

651/651 6/571

654/654

oft

672/67#

迎

042

20th Cent, Fox.

299

281

Hotels, $8.90.

"July ...

•

671/07

071/671

149

Silver (Bpot) *****

War Loan...

10-11/18 31% 1001

100-11/10

Eagle Ficher Lead 139 Elec. Bond & Share 134 Elec, Bond & Share

1481 14

da. $14 pt.

36

354

4

Trams $17.

Saturday's Sales:

15,148,000 bushels

Unton Carbide

Watsons, $8,

"131

Carbon

801 891

SALES

CHICAGO CORN

Union Pacific

$4

941

Fongkong Banks, $1400/20.

ON LONDON:-

13/10

Closing Quotations

October 25, 1938.

Telegraphic Transfer... 11/2 Bank Bills, or demand! Credits, 4 months' light 1/31/10

IN NA* You?—

Bank Billa, on demand. 39) Credite, 60 days' dighi · 29) ON BATAVIA Zumm

$5 pf.....

61

629

United Aircraft..................

35

342

Wharves, 3122.

Elec. Bond & Share

United Airlines Trans 11

11

Humphreys, $8,30.

December May

40/462

501/50

402/461 50/50

467/402

401/407

66

671

United Corpa. .......

+4

41

Trams, $16.80717.-

July

51/51"

51/51

Elec. Power & Light

$7 pt.

United Corpn.

$3

China" Lights (Old), $10.30.

413

43

cum. pr.

361

Electrics, $58ƒ/2.

Flintkoto - một

.281

United Gas Corpn.

..37

4,

Cements, $16,40.

On demand.............. 031 On Paris:—

Chen, America Trans 54

547

n. Gas Tprovem't 11

117

Dairy Farms, $25.

Gen. Electric

464

461

US. Rubber

534

524

Watsons, $1.85/80.

·OK SAMA L

On demand

1:0,nom

¡Baulo Billa, on demand. 1,005 Credits, 4 months' sight 1,180

den. Motors^........

511

SIA

US. Rubber 38 pid... 981

977

(Prices below in Pall. Currency)

October .... December May

WINNIPEG WHEAT

811/611 .613/813 605/601 601/801

802/607 60/601

of

... 637/64

634/634

off

Gen. Railway Signal 24:

124

Glidden Co.

24+

25

UE. Steel unanin_851"

Vanadium

851

Antamoks Ps, 41

241

242

Atoka

93

Os demand die

10

Goodrich (BF) A...

231

251

Warner Bros. Pict... Ti

71

Baguio Gold, 25

On demanil

199

ON MANILA KA

JAPAN:-

On demand limi

1057

ÜN BATUKUETERGEN

On demand

150

Ce Tent:-

Sovereign Notes

|--- Bank Buying “Rube

Goodrich $5 PL...... (02:03) Goodyear Tire & Co. 331° -031 Great Northern Iron

14 Great: Northern Rty,#241 "Great Western Hugar 291′′

Westinghouse Elec-121

-121-

ex. div.

Woodward Iron Cor. 201 201

334

Chase National BR. 34-* 141 National City Bank 2615 / 253* #MYCAN Money *29**;

Benguet Consol., -11.80

Coco Groves, 45 Demonstrations, 27

L. X. L. 68

Ban, Mauricio, 96/

United Paracale, 45

December

NEW YORK HIDES: (New Contracts)

13.69/69 13.62/62 13,65/65

-14.00/02- 14.08b/07a. 14.00/00

FW Giver, Official

NEW YORK, STRAITS TIN...!”

45.55b/80 45.905/46.00 45.800/95g 42-3/4

NY-Idon Cross Rate... 4.76

December March

42-3/4 190

4.76-1/8

18