Amsterdam, 8.081.
Mlian. 80.
173 0
Berlin. 11.85).
53
53 3/8
Ir
Bank Bills, on demand 1090 Credits 4 months' sight 1130
Paris Exchange
On Salxon -
On demand
108 3/1
On Manila: ----
On demand
57 7/8
On Bangkok -
On demand
150
Sterling Notes:-
Bank Buying Rate
IB
Bar Silver per oz.
19 15/16
On demand
On Japan:-
On demand
On India:-
105 3/4
Buenos Aires, 20,39,
Hongkong, 1-2d-15/16.
Other rates were unchanged.
Telegraphic Transfer [82 5/8 Berlin Exchange
and demand
On New York: ----
Bank Bills, on demand 28 13/1 Credits, 60 days sight 29 5/16
On Batavia :---
On demand
On Paris:
Berlin. Feb. 1 (T/Ocean), The Relchsmark Wak quoted without guarantee at:-New York Ordinary, 40.13, Paris 1517). Amsterdam 74.45
74.55, London 11.601.
PAGE 12-HONGKONG DAILY PRESS MONEY AND EXCHANGE
CLOSING QUOTATIONS|London Exchange
FEBRUARY 2, 1939.
On London:-
Telegraphie Transfer. 1/4 13/16) "Bank Bills, on demand 1/2 13/16] Credits 4 months' sight 13 1/10)
On Shanghai:-
On demand
On Singapore: ---
י
London, Feb. 1 (BWS). Closing mean rates were :- New York, 4.671.
Montreal, 4.70).
Brussels, 27.89.
Geneva, 20.72.
¿
LONDON METALS
EXCHANGE
London, Feb. 1 (Reuter).
COPPER .
buyers sellers
£
E
Standard, Cash 12-13/18 42-7/8 Standard,
"
$1460
$1400
FINANCE
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
Baywes Ballers
|Somniant)
SHAREBROKERS" ASSOCIATION
THURSDAY 2.
FEB.
Banks
H.K. Banks.................
Bayer Bailare Sales Nomina
$1400
3 months 43-1,8- 43-3/16 Electrolytic ... 48-1/4 49-1/4
Do. (Col. Bag.)
444
231
Do. (Lon. Bag)
201
Chartered Banke
·
TIN Standard, Cash 216 Standard.
E27
Marcantile Bka. "A"
016-1/4
£13
Marcantile Bkı, “O”
213
188
Hank of East Asia ...
1
3 months 214-3/4
LEAD
215
Foreign,
3910 $250 $459
Official Price 14-1/16 Foreign. Official
14-1/2
$170
0170
3 months 14-11/16
SPELTER
14-3/4
N. C. & S. Banki... Insurances
*210/14...
Canton InsurEDOMS $453/56... Union Insurancis 145 ets.) Underwriters
H.X. Fires.....
Shipping
#210
..1452
::
· FRIDAY, FEBRUARY
3, 1939.
PAYNE & CO.
COMMODITY BROKERS"
STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
70 cta.
#1.80
New York, February 1.
Douglason
$15
Steamboats
163
Indo-Chinna
(Prof.)
Official Price 13-5/8 Ordinary. Official
13-11/16
81/2011 Shell
||
Market Report
From Boss Bros.
Suver prices dropped 1/18 yes-
Paris, Feb. 1T/Ocean), Sterling was quoted at 176.05 to
Tin, Standard. 3 months, £218- 177: US Dollar at 37.82 to 37.831:2 paid and sellers.
New York Exchange
New York, Feb. 1 Reuter). T.T. on London (Opening Rate). .67-34.
Calcutta Exchange.
Cálcutta, Feb. 1 (Reuter T.T. on Japan. 78-5/8.
terday for both deliveries, the India Rupee Paper
quotations being 19.15/18 for Ready and 19.5/8 for Forward. Silver ad- vices reported Speculators as hav- Ing operated both ways. Support was pour. The market closed steady with buyers at the quoted rate, Sellers bid 1/16 over American Süver, was quoted at 4 3,4 for Spot.
The London/New York Cross- rate was quoted at 487.81 New York London was quoted "at 407 7/8.
Markel
Strady but duli.
Sterling
Nothing doing. There were sel-
Bombay, Feb. 1 Reuters: Govt. 346 Rupee-Closed.
LONDON GOLD
London, Feb. 1 Reuter: Bar Gold, Fine per oz., 148/71. Dollar Parity. 1/2d: premium.
|
NEW YORK
·SILVER MARKETS
LONDON SILVER
London Feb. 1 (Reuter), Silver-Speculators bought and sold. Support small. Market quiet, ly steady. In the afternoon, the market was quietly steady, with sinal buyers at the rate and sel- lers at 1/16 over.
Forward. 19-5/0d."
STOCK EXCHANGE
Through Reuter's Service)
QUOTATIONS
FEBRUARY 2, 1930 STOCKS
3 months 13-15/16 14 Final Afternoon Transactions Tin, Standard, Cash £218-3/4 value.
Indo-Chinsa (Def.)...
Waterboats
Decks, Wharves, Godowns, etc.
$11 $5 80
$17.10
$16.45
H.K. & K. Wharves Providenta (old)..... Providenta (new).... H.K. & W. Docka...
Do. (now) $100 Shanghai Docka S.
6.6
8.
$6.80
33.60
818 30
10/6 Kaila
23. Baubs
83
New Engineerings
Mining
Venezuela Gold Fläs
ets. Hong Kong Mium ... Lands.. Hotels and
Buildings
H.K. Hotala
SINGAPORE RUBBER
January 31
buvers sellers 26-3/4 27
27
77-1/4 27-1/4 27-1/2
February 1
buyers sellers
change
28-7/8 27-1/8 up 1/8
27-1/4 27-1/2 up 1/4
27-1/2 27-3/4 up 1/4
The market opened 1/8 of a cent lower for all deliveries as com- 1890-pared with Tuesday's closing quotations.
Early in the morning there was a better feeling to the market. thus reflecting conditions prevailing in London and New York. Al- though there were fair enquiries for "spot" Rubber by consuming centres, speculators were disinclined to enter into fresh commitments to any larger extent, preferring to adopt a waiting attitude.
Subsequently prices registered a slight decline of 1/8 cent for all forward deliveries on profit-taking, but a redeeming feature was the steadiness of "spot" Rubber prices which remained unchanged throughout the session.
Closing tone was quiet.
APRIL-JUNE
...
LONDON RUBBER
Previous close buyers sellers 7-7/8 18 7-15/16 8-1/16
..8
To-day's close » buyers sellers change off 1/16 7-13/16 7-15/18 7-15/16 8
unch.
3-1/8
8
8-1/15 8-3/18
Market quiet but steady.
$6.70 $36
18.70
36.80 $7
$381
H.K. Landa .........B.
$36
136 2381
$107.4% Debentures
$105
$81
Shanghai Lands B.
Spot, 19-15/18d.
$5.70
H.K. Realtion
$5.56
Humphreys
381
NEW YORK SILVER
$95
Chine Estates
Cotton Mills
New York. Feb. 1 (Reuter). Official Price, 42-3/4.
$18.20 Ewos (8.)
$15
SPOT
Ewo Rights .K..
**
BOMBAY SILVER Bombay, Feb. 1 (Reuter),
Indian Mint Silver Market-Closed
#101 S'hat Cottone (8.)
*99
JULY-SEPT
$24
$24
Zoong Singa (8.)
OCT-DEC.
212
$49
Wing On Textiles (53)
Public Utilities
$17.40 817.30
[Tramways
$17.10
$17.10/20
។
Peak Trains (old)... Peak Trams (DOW} ... Star Farrian
34
.71
123Y'mati Ferries (1)
$21
Do, (new)
88.30 Chios Lights (0) 101 China Lights (New),
++*
China Lights H
H.K. Electric
$171 Macao Electrics...... $10 Sandakan Lights
Telephones (old) Telophones (new)
#228
18.30
$5.00
8-1/16
8-1/16 8-1/8
NEW YORK COTTON
A quiet, but steady market. Prices throughout the day moved within a narrow range. There was some foreign and domestic buy- ing. The market is uncertain, with traders awaiting developments in connexion with the various plans regarding the release of Loan cotton. Some are inclined to the belief that there are no prospects $56.36 of immediate action.
323
$7.80 9.
81 00
NEW YORK RUBBER
The market was somewhat easler, us the result of selling by dealers. Towards the close, prices, however, rallied partially, but trading was light. Finally, the market again declined and prices closed slightly below their best for the day. "The weakness of the Guilder caused hesitancy among traders.
CHICAGO WHEAT
A firm market, though fluctuations were narrow. After a slight-
ly higher opening, prices further advanced on favourable advices trom Liverpool. Milling demand is encouraging.
#81
81+1
855
524
$1/10
SPOT
APRIL-JUNE
3114
JULY-SEPT.
#101
#31
16%0 $8.99
!
$3
85€)
$662
STOCKS
Last Sale
Last Sale
!:
Prut 1/2 15/16 February, 12 29/32 March/April and 1/2 7/8
Feb. 1
Feb. 1
821
07
91,
U.S. Dallars,
20 April, buyers at 29 3/15 Cash. Amer. Locomotive
May/June, buyers at 1/2 31/32 Alleghang Steel Co. Cush, 1/2-15/16" May/April, probAllis Chalmers ably March and 1/2 29/32 June.
Amerads Corps.
Amer. Can
Quiet. There were sellers at Amer. & Foreign Power 1,9 February, 29 1/18 March and Ameri & Foreign $7 p..
Adams Express
221
401
In Tel. & Tel. Johns Manville Kennecott Copper
83
931
361
63*
Libbey-Owens-Ford
Glass
461
29.8 Tractions
26
Tractions (prof.)
14
941
31
Lockheed Aircraft Loew's Inc..
301
48
16f..
Martin. Glen L.
$15 60
311
24
244
Monsante Chemical
100
Ropes
29 1/3 March and probably 29 113 | Amer. Metals Co, April.
35
Montgomery Ward ..
481
$23
15
Tat. Dairy Products
13
Amer. Radiator
$7
Industrials
Cald., Macg. (Ord.) 9.
Call, Marg. (Fref.) 8.
$1.70 Canton Ices
Cements
Miscellaneous
Dury Farme
ཝཎྞ ཡཿ;
8221
Ch. E'tainments
18
Nat. Distillers
241
pur
Constructions
(old)
811
Shanghai Dollars
Amer. Rolling Mili
Amer. S'ting and R'ing Co.
447
National Gypsum
14
Constructions (new)
Gellers at 179.1/2..
Amer. Sugar Ring
20
National Lead
237
Lane Crawfords
18.
Shanghai Market
153
Nat. Power & Light
Naujo
Tobacco
$34
Dow Jones Industrial Averages
· Feb. 1 143.76
Feb. 2 "Change
142.43 OT 1.33
Amer. Tel. & Tel.
71
ગા
|Sincares
$1,20
Market
Sterling sellers at 8.21/64 for Amer. Tobacco “B” Spot and U.S. Dollary at 16 3:16 Amer. Waterworks for Spol.
AFTERNOON MARKET
Quiet Inclined to easiness.
... Sterling
87
Nat Supply Corpn.
121
$79
Waltona
121
New York Central
177
88
Ch. 0.5% 19250 $Bds,
68%
MK.
Anaconda Copper
29
N. American Aviation
187"
I.K. Govt. 4% Loans
Atchison, T. & S. Fe
34
North American Co.
puf
H.K. Govt. 31% Loan
$100
[R.X.
Auburn Mutors...
38*
Northern Pacifie
11
Baltimore & Ohio
61
Parific Gas & Elec.
201
Wing On .....
Shat Wing On......
25.60 Vibro Piling
140
154 80,650
N. Y. Commodity Market
18
Barber Asphalt C
Pacific Lighting.....
10/0
Marnans Inv. (Lor.)
Barnsdall Ol
161
Packard Motors
41
2/6
||
"
Bethlehem Steel
661
Paramount Pictures
101
¡90 cte,
Marumans Icv. (H.K.) · Wm. Powells
190 ota.
The market closed with amali sellers at 1/2 15/18 Cash, 1/2 29/32
February/March, probably Apr Biggs M'facturing
and 1/2 7/8 May/June, buyers at
1/2 31/32 Cash/February. 1/2 15/16 'klyn-M'hatton $6 cum pt. March/April and 1/2 29/32 June. Canadian Pacific R'way.
Boeing Airplane Co. Borg-Warner
281
Fennsylvania R.R.
201
26%
Phelps-Dodge
39
241"
Phillips Petroleum
393
|
*Balex to Shanghai
LONDON STOCK EXCHANGE
Brooklyn-Mhattan Trans.
111
Public Service of N.J,
334
371
Pullman Inc.
343
"5*
Pure O
91
(KEUTER'S SERVICE)
New York Cotton
Mar.
probably May.
U.S.. Dollars
The market sellers at 29
1/8
Shanghai Dollars
29 1/16 February, probably first Columbia Gas & El. half March and 29 March/April, Columbia 6% "A" pl. buyers at 29 3/16 Cash, 29 1/8 Commercial' February/first half March and Commonwealth & 8. (ord.) 1/10 April
Sellers at 179 1/2.
Shanghal Market
Sterling sellers at 8.5/16 "Spot, US. Dollars sellers at 16.3
16 for Spot. Inclined to exsiness.
Shanghai Exchange
Official T.T. Rates
Shanghal, Feb. 2 (Reuter).
Com Products
Curtiss Wright (C)
¡Case, J.I. Celanese closed with amal Chesapeake & Ohlo
for Cash, Chrysler Corpn.
341
Radio Corpn. of Am.
7
London. February 1.
197
Republic Steel
201
341
Reynold Tobac. "B"
401
73
Schenley Distiller's
147
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.”
Com
New York Rubber - Mar. Chicago Wheat Chicago Winnipeg Wheat
May
(By Courtesy of Messrs. Swan. Culbertson & Fritz and 8. E. Levy & Company)
Prev. To-day's
High LOW Close Close Change 8.40 8.34 8.35 8.39 .04 up 15.84 15,75 15.89 15.78b 11 ou 69 881 681 69 + up
ין
May
May
501 621
#1
501 501 501. 621 621 621
unch unch.
71
Schenley, 5%. pia.
751
Sears Roebuck
£
£
6B
NEW YORK COTTON
517
Shell Union Oil
13
18
Notrth Amer. Co, N. $10.par.
231
487
C'wealth & 8. 8% cum pt.
Socony-Vacuum Onl
#123
Consolidated Edison
31
Southern Pacific.
181
War Loan, 31% (Red.
after 1952) Canton-K'loon Rly. 5% 161 Chinese 41% Gold Loan.
Union Insurance
971
Corisolidated Oll
81
Bouthern Rly $5 pfd.
26
Continental Can
382
Sperry
43#
Continental Oil
271
Standard Brands
1898 (Brit. Issue)....... 70 Chinese 5% Gold Bonds,
1925-47
68
301* Gula Kalumpong Rubber 18/9 Allied Ironfounders ...... 17/3 Asso. & Elec. Industries 37/9 Austin Motors, ord. Cable & Wireless, New
Form, ord,
March
(1939)
Close 8.35/35
Opening 8.37/38
Closing
Change
8.39/40
.04 up
May
{ ")
8.03/04 8.05/05
8.09/09
.06 up
24/41
July
{...}
7.75/78
7,77/77
7:80/80
05 up
October
(..)
7.44/45
7.48/48
7.46/46
.02 up
-38-1/2
December (..
7.46/40
*7.48/48
7.47/47
.01, up
.031
¡Stand Gas & Elec.
31
Chin. 41% Anglo-French
B.-A Tob. (bearer)
90/3
for
61
(Standard Oil of NJ:
Loan, 1808
50
Cammell Laird, ord.
January
(1940)
7.47 N
7.50/50
7.48 N
.01 up
7/8
493
Curtiss Wright "A"
251
Stone & Webster
Chinese 5% Crisp Loan,
Mexican Eagle
Spot
8.95 N
8.99 N .
04 up
4/9
141
Distillers Corpo. Seagrams
173
Swift International
1912
32
Douglas Aircraft
692
Technicolor
Chinese 5% Reorg. Loan,
101
Du Pont de Nemours
1462"
Texas Corpn.
441
1913 (1án. I)
Chinese 5% Ster. Notes,
Engle Picher Lend
102
Texes Gulf Sulphur
291
1925 (Vickers)
12
Elec. Bond & Share
101
Trans-America · Co.
67
Elec. Bond & Share $5 pf.
55 *
20th Cent. Fox.
221
Chin. Imperial Rly. 5%
Losh
Opening
Elec. Bond & Share $6 pt.
643
20th Cent. Fox. $14 pí.
London
New York
Japan
Parls
Hongkong
0/8 15-5/8
Elec. Power & Light $7 pí. Flintkote
354
Union Carbide & Carbon
Honan Rly. 5%
22
83
Hukuang Rly. 5%, 1911... 29
261
Union Pacific
94
53-3/8
Sterling
Spot February March
Opening 0/8-21/64 -0/8-19/04 0/8-5/18 0/8-9/32 0/8-17:44
US Dollars
56-7.8 Gen. American Trans. $.48
Open Market-Selling Kates
Closing Goodrich $5 pl.
$54
United Aircraft
381
Hukuang Rly. 5%. 1911
Cen, Electric
383
United Airlines Trans.
(Oerman Issue)
20
10L
Gen. Motors
457
United Corpn.
Lung Tsing & U. Hal Rly.
3
Gen. Railway Signal Glidden Co.
221
United Corph 1 cụm D: 344
$%
S'hal-N'king Rly. 5%.
ཚུ་ཚོམ་སྤྲུམ གླུ་
Courtaulds
25/9"
NEW YORK RUBBER
Distillers
90/3
Dunlop Rubber
24/41-
Gen. Electric (England) 73 Guinness (A) Bon & Co.. 106 Hawker Siddeley Airc.... 22/9 Bristol Aeroplane
March May Beptember ...... December
(1939)
15.89/93
15.71/77
15.75/81 15.80b/05a 15.63/64
15.78b/79%
11 of
.08 off
15.71/71 15.72b/70a
15.62/62
15.65/65 15,62b/64a,
.06 off
.10 off
22/10)
Bales for the day-
1,870 tons
Imperial Chemical Ind. 30 Imperial Tobacco......... Marks & Sp'cer "A" ord. 56/3 Rolls Royce
133/9
May
130
Leyland Motors
July
831/601 881/681 681/681
CHICAGO WHEAT
881/681
82/0
121
Tate & Lyle
September
091/091
60/687 687/602 891/691
up up
up
60/6.
Turner & Newall
Tuesday's Sales:-
12,487,000 bushels,
75/44
201
United Gas Corpn......
Goodrich (B.F)
201
United Gas Improvement 124
00
UB. Rubber
43"
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
United' Steel ......
23/11
10
Smethwick Drop Fora.... 15/9
CHICAGO CORN.
Tientsin-Pukow Rly. 5%
Armstrong Stevens, ord.
8
Goodyear Tire & Co.
311
|U.S. Rubber $8 pfd.
02/
May
500/501
501/501
0/8-19/04
(German Btpd.).....
16
Pressed Steel, com.
15
Great Northern Iron Ore ...
142
UB. Steel
51%
July
51/511
518/517
||
Tientsin-Fukow Rly. 5%
Vickers, ord,
20/11
Great Northern Rly, pfd. Great Western Bugar
342
Vanadium
September
52/52
521/521
501/502
unch.
511/511
52/52
25.
Warner Bros. Plat.'
51
(Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly, 5%
10
Woolworthis
59/0
Anglo-Dutch
23
WINNIPEG WHEAT
February
Maroh
18-3/16 16-1/8
Spot........... $10-7/32 $16-3/16 Greyhound Corpn.
Market. Quiet,
Merchant Rates
Sterling, 0/8-9/32.
US Dollars, $10-1/8.
The
Silver Duty Rate Central Bank of China's rate on London at 10 am. to-day was 1/2-1/2d. unchanged from yesterday
The Equalisation rate was 4-1/2
per cent
23.19 16.14 20. Utilities
177
Westinghouse Elec.
100
(Ger. Stpd. Bupl Loan)
13
16-5/32 Hecker Producta 16-3/32 Homestake Mining Int. Nickel
114
Woodward Iron Cor.
22
621
Chase National Bank
50/
National City Bank
Jap. 5% Ster, Loan, 1907 401 Jap. 6% 8ter. Loan, 1924 48 Ger, 7% Intl. Loan, 1924 37 { Chartered Bank
91
*-bid
I-ez. diy,
1986 & 1939
High Low Dow Jones Averages, Jan. 31. 158.41 08.95 30" Indinstriais
84.33 19,00 :20 Railr
143.78
19774
92,70 83.39 40 Bonds 59.00 45.02 11 Commodity Index 47.91
13.40 89,98
DOW JONES AVERAGE
Feb. 2, 1933. High Low Close
Chanze
143,47 141.97 148,43 · 1,83 off 29,45 29.33 $9,38 .JA of + 23,67 23.07 92.97 13 off
80.91 47.19
HK. & Shal Bank (Ldn.
..Reg.)
34
Rub. Plant. Invest. Trust 26/3 Burma Corporation................... 8/6 Commonwealth, Mining.. 1/6 Marsman Investments... 15 Randfontein, Estates.... 37/0 Western Holdings Sub-Nigel
May July
October
629/823 621/621/ 021/621 631/631 031/831 631/631 638/631
unch.
631/631
10/0
NEW YORK HIDES; (New Contracts)
"
228/0
HK. & Shal Bank (Col.
Reg.)
Tanami Gold Mining..
414.
March
B81
Anglo-Iranian
88/9
June
11.30b/35a 11.15/16 11,66/08 11.55/53
11.12 N
11.47/47
Chinese Eng. & Mining
Burmab
82/6
(bearer).
16/0
Shell Trans. & Trad.
NY Silver, Oficial ...... 42-3/4 NY-London Cross Rate 4.67-13/18 -
42-3/4
4.67-7/8
Chosen Corporatior
.03 ap
Pekin. Syndicate
7 2
(bearer)
-81/101
*Nominal.
NEW YORK-STRAITS TIN
.0% off
S'hal Bec, Constr. Co,
25+
||
Business Done;—880,000, sharEG
Shal Waterworks “A”,
18}*
March
44.35 N
46,00b/35a
48.40 N