#
**
$81
1:21
.Է
$9,86
STOCKS
Last Sale
Last Sale
Feb. 15
Feb. 15
91
81
Adams Express Alleghany Steel Co.
221
913
42
362
61
Class 481
31
93
Lockheed Aircraft
-311
31
Loew's Inc..
484
**
April and 29 1/16 first half May. -
Ameri & Foreign $7 pl....
161*
Martin, Glen L
35%
Shanghai Dollars
183 3 8 sellers,
Shanghai Market
Sterling, sellers for spot at 8.1/8 Amer. Rolling Mill
and US Dollars 15.7/8.
Easter.
Afternoon" Market
Sterling
The market cinsed with sellers at 1/2.29/32 February/March, 1/2. 7/8 April/May and 1/2.27/32 June! July, buyers at 1/2.15/16. Cash. 1:2.29/32 April/May and 1/2.7/8 June.
U.S. Dollars.
Amer. Waterworks Anaconda Copper Atchison, T. & S. Fe. Auburn Motors Baltimore & Ohio Barber Asphalt Co Barnsdall Oll .........
The market closed with sellers Borg-Warner
Amer. Locomotiva
244
Monsanto Chemical
99 *
34
Amer. Metals Co.
Montgomery Ward
491
Amer. Radiator
151
Kat Dairy Products
141
18
Nat. Distillers
201
442
Amer. 8'ting and Ring Co.
National Gypsum
134
201
National Load
223
PAGE 12-HONGKONG DAILY PRESS
MONEY, AND EXCHANGE
CLOSING QUOTATIONS | Berlin Exchange
- FEBRUARY (9), 1939
On London: --
Telegraphic Transfer. 1/8 13/18 Bank Bills on demand/ 13/16) Gredits 4 months' sight 1/3 1/16| On Shanghai:-
On demand
On Singapore:---
On-demand
178 pom
47
Berlin, Feb. 16 (T/Ocean). The Reichsmark was quoted without guarantee at:-New York 40.14, Paris 1517, Amsterdam 7172 London 11.88.
Paris Exchange
Paris, Feb. 18 (T/Ocean). Sterling was quoted at 177 to 177.05: US Dollar 37,75 to 73.781.
(on 3/4 New York Exchange
'On Japan:-
On demand
On India: “
Telegraphic Transfer.
825/8
and demand
On New York:-
Bank Bills, on demand 18 7/8, Credits, 60 days' sight 29 3/9
Un Batavia:----
On demand
On Paris:
"
........... 63 4/9
Bank Bills, on demand 1090
Credits 4 months' sight 1130
On Saison:-----
On demand
On Manila:-.
On demand
On Bangkok
On demand
Sterling Notes:-
Bank Buying Rate
Bar Silver per of
Market Report
208 3/4
8
150
... fb.
From Ross Bros.
10 7/10
N
New York, Feb. 15 (Reuter). T.T. on London (Opening Rate), 4.68-3/4.
Calcutta Exchange
Calcutta, Feb. 15 (Reater). TT.-on Japan, 78-5/8.
India Rupee Paper
Bombay, Feb. 15 (Reuter). Govt. 31% Rupee. 66-05-0.
LONDON METALS
EXCHANGE
Landon, Feb. 18 (Reutér).
COPPER
buyers seller's
Standard, Cash 1-1/2 Standard,
£
41-0/16 $1400 C.D.
*
"3 months 41-3/4 41-7/8 Electrolytic 46-1/2 47-1/2
ΤΙΝ Standard. Cash 212-3/4 Standard,
Offcial Price 13-3/8 Ordinary, Oficial
וי
13-7/16
3 months 13-5/8 13-11/18 Final Afternoon Transaction Tin, Standard. Cash, £212-3/4
$6.40
value.
Tin; Standard, 3 months, £211-
SILVER MARKETS 3/4 value.
LONDON SILVER
London, Feb. 15 (Reuter). Silver-Speculators bought and sold. Business smail. market
steady, In the afternoon, the
market was quietly steady, with small buyers at the rate.
Spot. 20-7/18d.
Forward, 19-7/81,
NEW YORK' SILVER. New York. Feb. 15 (Reuter). Official Price. 42-3/4.
Sliver prices rose 1/16 yesterday to 20 7/10 but the Forward 'rate was unchanged at 19.7/8. Bilver advices reported Speculatora as having operated both ways. The market was steady. The market Market-Qilet Oftake 20 bars.
closed with small buyers at the quoted rate. American Bliver was Ready
quoted at 42 3/4 for Spot,
BOMBAY SILVER Bombay, Feb. 15 (Reuter)."
RESERVE BANK OF INDIA STATEMENT
Calcutta, Feb. 15 (Reuter),
*Feb. 1 Feb. 10
Notes in circulation
ctücluding Notes
held in the Bank-
Ing Department) 20,308 20,536 Rupee Coin and Bul-
lion in India Gold Coin and Bul-
Hon in India ...... 4,154 Securities Indian Mint Silver
Government)
(British 52-11 52-10 Becurities 52-10 52-09 Government)
6,953 6,915
$100
4,154
817
(Indian
3.230
3,230
11
5,683 5,950 (Figures in lakhs of Rupees)
Mar. 17 Settlement.
cross- Apr. 17 Settlement. 52-06 52-05
The London/New York rate was quoted at 468.56. New York/London was quoted at 468. 5/8.
Quiet.
May
Market
Sterling
There were sellers at 1/2.29/32' February/March, 1/27/8 April! and 1/2.27/32 June/July. -buyers at 1/2.15/16 Cash/March. 1/2.20/32 April/May and 1/2.7/9 June/July.
0.8. Dollars
NEW YORK STOCK EXCHANGE
There were sellers at 20 1/8 Allis Chalmers February, 29 1/16 March, probably Amerada Corps. April and 29 May, buyers at 29 Amer. Can 3/18 Cash, 29 1/8 March/first half
(Through Reuter's Service) |
Amer. & Foreign Power
★ QUOTATION
FEBRUARY 16, 1939
STOCKS
籍
Johns Manville
Int. Tel. & Tel.
Kennecott Copper Libbey-Owens-Ford
213
3 months 211-3/4~~ 212.
LEAD
$4624
291
H.K. ka
Do. (Cal Bag) Des (Lon., Beg.) ... Chartered Banks .....
£371 Mercantile Bka. “A** P13 Marcantile Bka, "0" Bank of East Anda ... $88
N. C. & 8. Banka ... Insurances
220 Canton Insarazione ... Union Insurainous con
$85
$130
8.00
54 ota. Underwrites
Foreign.
Oficial Price 14-3/16 Foreign, Oficial
$175
14-1/4
H.K Fires ............. Shipping
8-460 $1.75
160
3 months 14-5/18
SPELTER
14-3/8
180.do-China
#Indo-Chinas. (Del.)...
Ordinary.
R
#
$18
*96
Douglass
$15 Stambonta
124
31/104 Shells
|Waterbosta / man
Docks. Wharves, Godowns, etc.
$118 EK, & E. Wharves
Providenta (old) -
18.30 Providenta (new) [$17.70'E.K." & W. Doakan...
56
17
Do. (new) ............
Sbangbai Dock ä.
Now."~"Enginearings 8.
170 Katians
Baaba
-
Mining
Venezuala Gold Fis
ota. Hong Kong Mine...
"
Lands, Hotels and
Buildings
H.K. Hotala
38.20
136-BE; Lands $36-
$101) Da. 1% Debentures
19.60 Bhanghai. Lands 8.
H.K. Realtier
Humphreys CENT Chinese Estates
Cotton Mills
Ewo (8.) #102 S'bal. Cottons (8) $34 Zoong Sings (8.) BAS Wing On Textiles (8.)
Public Utilities
$17.40 Tramways
Peak Trama (old)
Peak Trams (Dew) ...
Star Ferries
Y'maii Ferriss (0)
347
$18.60 C.D.
:སྐྱ།
$14
(Prat.)
$30
81/10
S PO T
APRIL-JUNE
3118
JULY-SEPT.
$8
14.30
(17.60 17
3101
A
SPOT
$16,80 APRIL-JUNE
JULY-SEPT.
#9 OCT-DEC.
*
$7.80
29/.
8-1/8 8-1/4 8-3/18 8-1/4 Market steady. First-hand selling was well absorbed. Rubber stocks held in the United Kingdom showed a decrease of 1,239 tons for the weak ending February 14, 1939.
NEW YORK COTTON
Early in the day. the market was quiet, with most operators keeping to side-lines. Lower Bombay and Liverpool cables, com- bined with some liquidation, induced lower values at the opening. whlist the general apathy, on the part of traders had a depressing effect. Later, a rally "set in, with the earlier losses partially re- gained.
NEW YORK RUBBER..
After opening lower, values moved up under good new buying. Influenced by constructive implications of the International Rubber Restriction Committee's decision to leave the quota unchanged for the second-quarter this year. The steadiness of the London mar- ket was also a contributory factor to the rise.
CHICAGO WHEAT
A quiet and uninteresting market. There was little in the news to affect prices either way, with the result that fluctuations were confined to a very narrow range. Lower Overseas cables brought about a slight contraction of the initial quotations, but the later firmness of the Winnipeg market induced some short covering.
Feb. 15 Feb. 18 Change
17,0
#6.80
$105
35.70
OD. 102
28 28-1/4 up 1 ct.
The market opened if cent higher for all deliveries as compared with Tuesday's closing, rates. -
་
The market ruled very steady throughout the session, thus re- sponding to the better sentiment displayed in London and New York due to the IR.R. Committee having fixed the permissible ex- port-quota for the April-June quarter at 50 per cent, unchanged from the first quarter.
After a considerable volume, of business having been transacted on basis of quoted ratés, „prices moved higher by 1/8 cent for all deliveries due to persistent further buying caused by the general ex- pectation of higher markets in future.
Closing tone was steady,
LONDON RUBBER
Previous close
buyers sellers 7-15/16 B
-To-day's close
buyers sellers
change
8
B..
8-1/16 8-3/18
8-1/8 8-1/16
8-1/16 8-1/8
up 1/18
up 1/16
8-1/8
8-3/16
up 1/16
up 1/16
'STOCK IKORANGE
Buyers. Beliers
Balva Nomiani
THURSDAY 16
FEB.
Buyer's Baller Sales WomaA
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKKES" ASSOCIATION
Banks
C.D. $1413 I.D.
X.D. ***
213
FRIDAY FEBRUARY 17. 1939.
PAYNE & CO..
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, February 15
SINGAPORE RUBBER
February 14 buyers sellers 28-1/2 28-3/4
26-3/4 27 27
February 15 buyers, sellers 27-1/4" 21-1/2 - 27-3/4 23
change
up" 3/4
up 1 ct.
77-1/1
!
3.3
"Do. (new)
Chins Lights (
301
China Lights (New)
China Lights R
$57
H.K. Electric
$60+
318.
Macas Election
Sandakan Lights....
$22 Telephones (old) #71
Telephones (NEW) ... 42/8 Tractions
23,6 Tractions (prof.)
Industriais
$14
$18
Cald., Macg. (Ord:) 8. Cald, Macg. (Pref.) 8.
Canton Iced...
01.00
323
#11
Amer. Bugar Ring
Amer. Tel. & Tel.
157
Nat. Power & Light
B
Amer. Tobacco—“BL·
851
Nat Supply Corpa.
121
131
New York Central
181
287
[N. American Aviation
181
341
North American Co.
241
***
wit
Northern Paciic
61
Pacific Gas & Elec,
30
174*
Pacifle Lighting
3/9
لام
$161 Cements
Норм
Miscellaneous
Dairy Farma.. Ch. E'tainmatta, mive
Constructions (new)
Nanyang Tobacco
| Blinceres
$7.85 Watsons
68*), Ch. G.5% 19250 $Bdə,
3pm H.K. Govt. 4% Loans
E.K. Gort. 3% LORD
H.K. Wing On
Shat Wing Ou
Todo Vibro Piling
13/9
Marzmans Inv. (Lon,)
Marrmans Inv. (H.K.)
$15.95
1
申
899
$7.05
Construction {ald)
Lace Crawforda
las cia. Wm. Powell
好
$31.
$1.70 $1.85
37.65
€81%
Dow Jones Industrial Averages.
$104
$100
101
$6.60
190 ct.
144.13
.. 144.60
up 47
N. Y. Commodity Market
151
Packard Motors
4
Bethlehem Steel..... Boeing Airplane Co.
661
Paramount Pictures
104
#Hals" to Shanghai
281
Pennsylvania R.R.
192
251
Phelps-Dodge
387
at 20 1/16 February, 29 March/Biggs M'facturing
*2+7
Phillips Petroleum
394
LONDON STOCK
EXCHANGE
April and 28 15/18 May, buyers | Brooklyn-M'hattan Trans.
121
Public Service of NJ.
35
183 3/8.
at 1/8 Cash, 29 1/18 April and 29 | B'klyn-M’hattan $8 cum pf. May.
Shanghai Dollars
Shanghai Exchange
Shanghai, Feb 16 (Reuter)..
Official T.T. Rates
Chrysler Corpn.
40
[Pullman_Inc,' *
331
Canadian Paclic R'way.
5
Pure Oll
91
(REUTER'S SERVICE)
Case, J.L
851
Radio Corpn. of Am.
7.
London, February 15.
Celanese
*20
Republic Steel
201
Chesapeake & Ohio
343
Reynold Tebac. "B"
40
761
Schenley Distillers
151
"
Columbia Gas & E.
8
Schenley, 51% pld.
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.
New York Cotton-Mar. New York Rubber – Mar. New York Hides -Mar Chicago Whest Chicago Corn Winnipeg Wheat-
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. S. Levy & Company)"
Prev, To-day's High Low Close Close Change
B.41 8,35
8.39 *8.41
.02. off 16.10 18.06 18.10b 16.18 - 08, up 10,88 10.82 10,806 10.87 02 of
May
6847
May
*6714871 877 unch -487-48) 481 0 481
May
2.62] -
62.621 624.2 up
Columbia 8 "A" pt.
-844
Bears Roebuck
.72
£
2
Shell Union Oll
Commercial ....
13
War Loan, 31% (Red.
NEW YORK COTTON
Opening
Commonwealth & B. (ord.)
13
Socony-Vacuum of
13
London
New York
Japan
Paris
Hongkong
0/8
15-5/8
C'wealth & 8. 6% cum pf.
59)
Southern Pacific
161
Consolidated Edison
331
Southern Rly. 35 pfd..
27
54-7/8
Sperry
Consolidated Oil
451
5.48
Continental. Can......
301
Standard. Brands
53-3/8
Continental Of
201
Stand Gas & Elec,
after 1952) ,,-,97-513 Canton-Kloon Rly. 6% 20 Chinese 41% Gold Loan,
1898. (Brit. Issue)....... 73 Chinese 5% Gold Bonds,
1925-47
31*
Open Market-Selling Rates
Corn Products
844
Standard Oll of NJ. Jan
403
Sterling"
Stone & Webster
Curtiss Wright (C.).
7.
142
Opening
Closing"
Curtiss Wright "A"
281.
Swift International
271
Chin, 41% Anglo-French
Loan, 1908 m. 53 Chinese 5% Crisp Loan,
Union InsuTENCO Gulä. Kalumpong Rubber 18/9 Allied Ironfounders
18/6 Assó. & Eléc, Industries: 39/9 Austin Motors, ord. 27/7). Cable & Wireless, New
Form, ordinari! |B.-A. Tob. (bearer)^.
Cammell Laird, ord. Mexican Eagle
304*
Close Opening Closing
Change
March (1939) May July
8:41/42
8.37/37
8.39/40
off
8.08/08
8.01701
8.02/03
$77.79/79
7.72/17 7.70/71
off
October
-7.41/41
7:35/34 7.36/36
.05 off
40
December
7/42/42
7.35/35
7.37/37
..05 of
94/41
7/101
January (1940) Spot
TAS/40
7.37/37
737/37
9.01 N
8.90 N
02. of
8.
Spot
- March
0/8-1/8
0/8-1/8
February
0/8-3/32 0/8-3/32
0/8-7/32 0/8-7/64 Douglas Aircraft
Distillers Corpn. Scagrams 18
Technicolor
1912
34
184
Courtaulds
25/104
NEW YORK EUBBER
72
Texas Corpn. «da
444
Chinese 5% Reorg. Loan,
Distillers
90
April
0/3-1/16 0/8-3/84 |
U.S. Dollars
Du Pont de Nemours ...... "149 Eagle Picher Lead
Texes Gulf Sulphur
1913 (Ldn. Is).
431
301
Dunlop Rubber
24
March (1939)
-18.10b/11a: 16.06/10°
16.18/18
up
11 *
Trans-America. "Co.
81
Chinese 5% Star. Notes,
Can Eectric (England) 77/3:
May
16.12/12
Elec. Bond & Share
11
| 20th Cent. FOX.
1925 (Vickers)
13-1/2
237
Spot
$15-7/8
$15-27/32
Elec. Bond & Share 5 pf.
20th Cent. Fox. $14 pf. ........
Chin. Imperial Rly 5%
February March
April
15-27/32
11-27/321
15-25/32
15-25/32
Market Quiet
15-12 16 15-11:10 Fintkote
Elec. Bond & Share $8 p. Elec. Power & Light $7 pf.
681*
Union Carbide & Carbon
Loan
68
63
Guinness (A) Bon & Co. 108/8 Hawker Siddeley Atre....... Bristol Aeroplane
September
16.12/13
- 10.11/14 | 10,16/17
16.17/20
18.15/15
22/6
December
16.12b/148
18.14/15
02
22/0.
374
Union Pacific 2.
95
Honan Rly. 5%
22
24
United Aircraft
Hutuang Rly, 5%, 1911... ~21
40
Imperial Chemical Ind. 31/7 Imperial Tobacco
Gen. American Trans.
56
United Airlines Trans.
„Hornang Rly, 5%,, 1911
Marks & Spcer "4′′ ord.
111
Merchant Rates d
Sterling, 0/8-3/32.
US Dollars, $15-13/16.
Silver Duty Bate
Gen. Electric"
40
United Corpn..................
(German Issue)
31
Gen. Motors.....
48 +
United Corpn. 13 cum pt.36
Rong Truong & U HTLY.
Gen, Hallway Signal
22...
United Clas Corpo,
21
**** 59/74
The Central Bank of China's
Glidden Co. spir
201
United Gas Improvement 121.
Turrier & Newall
75/1
United Steel
Goodrich (B.F.)
211
UB. Rubber
45
22/9
rate on London at 10 am. to-day
was 1/2-1/2d.. unchanged from Goodyear Tire & Co. ........ yesterday.
Great Northern Iron Ore
The Equalisation rate was 7-1/4 Great Northern Rly, pfd.
Goodrich $5 pt.
61
UB. Rubber $8 pta.
1033
Smethwick Drop For
16/6
32430
U.S. *Stéel.
Armstrong Stevens, ord
501
7/8..
Pressed Steel, com.
142
Vanadium.
252
16.
Vickers, ord. senan
251
Warner Bros. Pict,
B1
[02/3
per cent.
Great Western Sugar
25
Westinghouse Elec.
Woolworths":
110
51/71
Anglo-Dutch
Greyhound Corpn.
171
Woodward Iron Cor.
2014
23/6
S'hai-N'king Bly, 8%........... 23 Tientsin-Pakow Ry. 5% [*/(Brit: Stpd.) Hm...=16
Tientsin-Pukow Rły, 5%
(Cherman, 8tpd.) 16 Tientata-Puków By. 5% (Brik Stpd. Bupl, Lean) Tientaln-Pukow: Aly, 5%
132/6 55/101 Rolls Royce 111/3 Leyland Motors83/14 Tate & Lyle inusi
To-day's Bales: -6,440 tons,
First Notice Day for March Rubber is February 27 and the last Notice Day March 29.
May
677/68
July
681/62
CHICAGO WHEAT
611/876 677/68 877/673 88/581
Septe
683/682
Tuesday's Sales:
6,775,000 bushels.
CHICAGO CORN
May
July
402/491
September
501/501
484/48 401/503 501/501
London Exchange
Hecker Products...
111
London, Feb 16 (BWS),
Homestake Mining moddi Int. Nickel
63+
Chase Natiorial Bank National City Bank
314*
241**
512
*bid.
New York 4.88-9/16.
1928 & 1939.
15841 91.85 (30) TndustriaİK
144.13
84.33-18.00 10" Bužle
$19,39
25.52/ 15,14" 10 Utiliter
24.83
92/70 83,29 40 "Bonds
6000 43.08 11-Commerlity Indul 47,08
$0.23
Closing mean rates were:
Paris, · 178-63-84.;
Montreal, 4.701.
Brussels, *21.782.
Geneva, 20.83.
Amsterdam, 8.721..
Milan, 89-1/16.
Berlin, 11,68. Stockholm, 19.42,
Buenos Aires, 20.34.
Other rates unchanged..
DOW "JONES AVERAGE
Feb: 18, 1833,
Righ Low Dow Jones Averages, Fab, 14, High Low · Close: Change
HX & S'hal Bank (Col
Reg1); Chinese Eng, Mizing 144.95. 143,88: 144.60
47 BP bearer) ..... ́30,00..99.72 ̄ ̄ 29,98 104 up
Chosen Corporatier. $24,802471) 3485)* .05 up.
90.57 04 up Fekin Byndicate 47.01
07 of Bhai loc. Couste. Co, *ay!? | ghal Waterworks
Bualnem Done;—500,000 shares
tez dir.
*(Ger, Stpd. Supl, Loan) Jap. 5% Ster. Loan, 190744-1/2, Jap. 6% Bter. Loan, 197429-1/2) Ger. 7% Int2, Larn, 1924, 36) Chartered Bank romania fi. HK, & Shal Bank (Lân,
Bog)
Hub Plant. Invest. Trust 27 Burma Corporation Commonwealth Mining 1/4 Marzman Investments.. Randfontein Estates Western Holdiniga Bab-Wirel
WINNIPEG......WHEAT
8/8-
May
13/9
July
35/7
October
631/621 631/631 [634/83: 634/634
919
»NEW YORK HIDES
(New Contracta)
228/1
Tanámi Gold Min Anglo-Irat
March
89/41
Júne
10.896/918 30/30
10.87/87
Bu
02/04
NY Bulver, Omelal
NY-London Cross Hate 468-13/3
(bear
817101
STRAITS TIN
March
44.95b/45 208 15:10:27