The Archive · 1937

Share Report

Share Market Report: (Up to Friday Noon).—The Sino-Japanese crisis in the North has completely Paralysed our Market. Prices fortunately have remained fairly steady though trading has been almost at a standstill. Ewos" cum Rights " cased from $16.50 to $15.50 " Cash " and from $16 to $15.30 " ex Rights" for Aug. Ewo Rights were done from $3 down to $2.

Trams "Bearer " were done @ 837.75/37.50 and their "Rega."

837.25. Shanghai Lands changed hands @ $3.90/$9 and Land " Rights" @ 10 cts. Other transactions included Unions of Canton @ HK.€625; Shanghai Waterworks " A" @ $626: Asin Life (554 shares) @ $18 Shanghai Waterworks Fittings (2,869 shares) @ $1.20: Metal Industries @ $9.50 and an odd lot of Shanghai Telephones @ $76.

In Preference shares, Shanghai Power Ca. 6% Prefs were off from last week's closing rate of $1333 to $132/131/130, Business was also reported in Ewo 8% Prefs $170 and in Shangai Waterworks 7% Prefs 316.

Rubbers have been dull throughout the week with prices generally easier. Batu Anams were off from $1.23 to $1.15: Java Conslidated's from $2.10 to $2.00: Kroewoeks from $1.05 to $1.02. Rubber Trusts, ex their recent Interim of 20 cts., were done @ $3.20, Business was also noted in Anglo-Javas @ $14.50: in Kota Bahroes @ $3.19. in Samagagas @ 86 cts.: in Senawangs @ $1.01/$1 in Pabangs @ $3.00; in Sungalas @ $5.70: in Tanah Merahs @ $2.12} and in Tebongs @ 96/97 ct.

Debentures were on the quiet side Shanghai Power 5j's eased from $91 to $90/89/89, with Buyers at the close @ 389, Shanghai Telephone 6's were done @ 899/98}. Other Issues handled were Shanghai Waterworks 52% 1937's @ $104: Shanghai Land 5% 1934's @ $9 Shanghai Land 6% 19318 @ 99}: China Realty @ Tis, 38 and a small parcel of S.M.C. 5% 1937's @ 99}.

Text read from the printed page and cleaned; old type leaves the occasional error.

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