MONEY AND
PAGE 12-HONGKONG DAILY PRESS
LONDON METALS
EXCHANGE
EXCHANGE
London Feb. 21 (Reuter).
COPTER
On Singapore-
On demand
TIN nom
* 7/8
CLOSING QUOTATIONS
FEBRUARY.2,1939
On London:-
Telegraphic Transfer. 1/4 25:39 Bank Bills, on demand/2 25/32 Credits 4 months' aight 1.4 1/32
On Shanghai:- On demand.
47 TIN Standard, Cash 213-3/8 213-1/2 'Standard.
buyers
£
seliers £
H.K. STOCK
EXCHANGE
The market opened" very quietly and remained so during the 'short session.
„STOCK EXCHANGE
Bayset Ballers
Budowlani)
WED., 22. FEB.
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERN ASSOCIATION
Standard, Cash 41-3/4 Standard.
41-7/8
Buyers
HX, Bank, $1435 (e.d)..
3 months 42-1/8 Electrolytic
42-3/16 48
Canton Ins., $10.
Union Ins, $465.
H.K. Fire Ins., $175.
Raube, $8.
$88
H. S. Hotels, $6.85.
3 months 212-3/4
LEAD
213
HK. Lands, $36.
H.K. Tramwaya. $16.20.-
1820
IN
On Japan:-
On demand
16%
Foreign.
Official Price 14-1/4 Foreign: Omelal
China Lights (New), $51.
#4021
$485
14-3/18
H.K. Electrics, $57."
180 ata
1
$175
$1-0
Sandakan Lights, $9.85.
On India:-
Telegraphic Tronster.
and demand we ge
On New York:---
Bank Bills, on demand 28 13 16 Credits, 60 days' sight 19 7/16
Un Batavia—«
3 months 14-5/16 14-3/8
SPELTER
Canton Ices, $1.
Banks
Do. (Col.
g.)
Do. (Lon." Bag.)
Chartered Bank....
B273 Mercantile Bk. "A" Marcantila Bka. "0"
Bank of Bust Asia ... ÎN, C; & §. Bachu ....... Insurances
Canton InmITENCED Union Inqur'anote
Underwriters
H.K. Fires
Shipping
Douglases
Buyers Ballers
Bales Nomina
$1490) Q.D.
E.K. Banks ...............
ex.div. £35
.:
C.D.
$1430
X.D.
e87
Es
El
£13
$.35
::
Cementa, $15.40.
$15
| Staaniboats
1-3 Ordinary.
Wing On (HK), $38).' Entertainments, $7
60
Indo-Chinm
(Prof.)
$14
$120
8.61
$485
#175
#61
了解
$55
$24
Oficial Price. 13-7/16
13-9/16
93/1
Ordinary, Qmelal
Waterboats
13-13/16
4.
THURSDAY, FEBRUARY 23, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
· COMMODITY · MARKET REVIEW
(FROM PAYNE & CO.)
QUOTATION
STOCKS
Last Sale
Feb. 21.
转
217
9
414
69
Amer. & Foreign Power Ameri & Foreign $ pi.. Amer. Locomotive
3
161
241
331*
15
171
44
20
157..
85
123
28
34
Shanghai Dollars
Nominal at 182 3/4
་།
Auburn Motors ...
Baltimore & Ohio
On demand
53 3/4
On Paris:-
Bank Bills, on demand 1087
Credits 4 months' sight 1197
Un Saigon :-
148 5/8
Du Manila:-
32 7/8
On Bangkok —
On demand.
*{ A
2
20 11/18
On demand
On demand
Sterling Notes:-
Bank Buying Rate
Bar Silver per oz.
Market Report
From Roza Bros.
33
The price for Ready Bliver dropped over the holidays to the extent of 1/16 but the
Forward
rate rose 1/16. the quotations being 20.11/16 and 19.7/8 respec- reported tively. Silver advices speculators
as having operated both ways, India bought. The market was quietly steady but idle. American Silver was quoted at 42 3/4 for Spot...
The London/New York cross- rate was quoted at 488.85. New York/London was quoted at 468. 11/18.
Markel
Quiet, the undertone was easy. Sterling Opened this morning with sellers at 1/2 7/8 February/March, bayers at 1/2 29/32 Cash and 1/2 7/8 May. Towards the close there were inquiries at 1/2 7/8 for April, sellers offering 1/2 7/8 February. probably March and 1/2 27/32 April/May.
U.S. Dollars
A small business was done at 29
1/16 for February delivery. The market closed with seller's at 29 for February, probably March, 28 15/16 April and 28 7/8 May. buyers probably at 29 1/16 drst half of March probably February, 29 April and 23 15/16 May. -
3 months 13-3/4 Final Afternoon Transactions Tin. Standard. Cash, £313-1/2 paid and sellers
Tin, Standard, 3 months, £212- 3/4 paid and sellers.
SILVER MARKETS
LONDON SILVER
London, Feb. 21 (Reater). Silver-America was a small sel- ler. Bears covered. Market quiet- ly steady. In the afternoon, the market was very quiet, with,,small sellers at the rate.
Spot. 20-11/16d.
Forward, 19-7/8d.
NEW YORK SILVER New York, Feb, 21 (Reuter). Ometal Price, 42-3/4
BOMBAY SILVER Bombay, Feb. 21 (Reuter). Market-Quiet but steady.
Offtake 30 bars.
NEW YORK
Adams Express
Alleghany Steel Co. Allied Stores Allis Chalmers Amerada Corps. Amer. Can.......
Amer. Metals Co. 'Amer. Radiator Amer. Rolling Mill
Sales
H.K. Bank, $1440 (c.d.). HR. Electrics, $57.
PHILIPPINE GOLD MINING QUOTATIONS
Baguio Gold Ps., 27 Consol. Mines Ps....003 Demonstrations Ps.. 17. San Mauricio Ps., 1.80 Suyoc Consol. Pa., 211 United Paracales Ps., 66
LONDON GOLD
London, Feb. 21 (Reater). Bar Gold. Fine per oz., 148/41. Dollar Parity, 1d premium.
Indian Mint Silver Ready
53-00 53-02 Mar. 14 Settlement... 52-02 52-05 52-02 Apr. 17 Settlement... 51-15
Indian Mint Silver
Ready
Mar. 17 Settlement
53-0 52-15
52-05 52-07
Apr. 17 Bettlement ... 52-02 32-03
Market-Quet.
STOCK EXCHANGE
(Through Renter's Service)
Amer, Sting and Ring Co. Amer. Bugar Ring- Amer. Tel & Tel Amer. Tobacco "B"
Amer. Waterworks Anaconda Copper Atchison, T. & 8. Fe
Kennecott Copper
100
16.65 $36
:
:.
39.45
::
i
| Indo-Chinas (Det.).........
Bhells
Docks, Wharros,
1. Godowns, etc.
$118 H.K. & E. Wharves
Providents (old)
$6.20 Providents (new)
$17.79 H.K. ̧* W. Docks.......
#14 Do. (now)
#96
18
}
Shanghai Docks 8.
New "Engineering
Mining
17,3 Kailmaa
13 Venezuela Gold Bide bets. Hong Kong Mine... Lands, Hotels and
Buildings
H.K. Hotal
|B.Z. Lands .........5.
$107) Do. 4% Debentures
B
$8.60 Shanghai Lands 8. 8.K. Realties.........
8.00 Humphreya
81Chinae Estates
Cotton Mills
$17.40 Ewo (9.)
810 B'bai Cottons (8.) $3+ Zoong Slags (8.)
Wing On Tartiles (8.) Public Utilities Tramways
$43
$16.20
$16)
$4
..
Peak Trame (old) ... Peak Tracs (new) ...
8:31 Star Ferris
sex'mati Farris (0)
$22
'Do. (new).
Chias Lights (3) Chins Lights (New)
China Lights R.,
H.K, Electrics......... Macao Electrics Sandakan Lights
$99 Telephones (Old)
Teisphones (new)
29/6 Traction
3931 Dairy Farms
!!!!
New York. February 21.
$118
SFOT
#4
APRIL JUNE
18.30
$17.80 JULY-SEPT.
SINGAPORE RUBBER
February 18 buyers sellers:
*8 27-3/4
98-1/4 26
28-1/4 28-1/2
Feb. 11 buyer sellers
change
CLOSED
$17
Market closed,
101
́LONDON RUBBER
36.60
$16.20
423
$99
ii
$17.80
#
པུརཡ... བྲཧྨཊྛོ། ཚཏྭཱཚོ
17:3
38.20
13
SPOT
APRIL-JUNE
Previous close
To-day's clobe
buyers sellers buyers sellera 8-1/16 8-1/8 8-1/8 8-3/18-
change
up 1/16
8-1/8
8-1/4
8-9716 8-1/4
up 1/16
JULY-SEPT.
6-3/16
8-5/16
་་
'OCT.-DEC.
Market steady.
6-1/4
8-6/10 8-1/4 8-3/8 8-5/16 8-3/8
up.1/15 up 1/16
#BL
101
FEBRUARY 22, 1939
STOCKS
$301
$67
$661
Last. Sale
$19
Feb. 21
$9.85
Hecker Products
111
Homestake Mining
613
#71
22/
Int. Nickel
511
23/6 Tractions (pen.)
NEW YORK COTTON
A very quiet market, probably influenced by the fact of a ball- day to-morrow. There was some scattered liquidation, but this was absorbed by foreign buying. Wall Street supported the market to- wards the close. Trading was moderately active in the afternoon.
NEW YORK RUBBER
Higher London cables and steadier securities alded this market. Manufacturers bought. After the initial rise. trading became dull and prices moved within a narrow range.
CHICAGO WHEAT
The market was quietly steady. Unfavourable weather reports and the firmness of the corn market helped prices to stage a minor Fally.
En Tel Tel.
81
Industrials
Johns Manville
881*
$14
|Cald, Maog. (Ord.) 3.
Dow Jones Industrial Averages
Feb, 21 14274
Feb. 22 Change
142.64 off 10
351
Caid., Macg. (Fref.1-8.
Libbey-Owens-Ford
Glass
461
$1 $16.40
Canton Ico
$130
Lockheed Aircraft
351"
Comenta
#154
$4
Бореа
Loew's Inc..
47
Miscellaneous
Martin, Glen L
361/
$231
Monsanto Chemical
892
87
Ch. E'tainments
$7.05
Montgomery Ward
491
Constructions (old)
N. Y. Commodity Market
ConstructionE
{ZEW)
at. Dairy Products
14%
38
Lane Crawfords .....
Nat. Distillers
271
Nanyang
Tobacco ....
National Gypsum
134
31/
Bincares
National Load
221
87.85 Watsons
$1.70 $7.65
Nat. Power & Light
81
67 Ch. G.5% 19250 #Eds.
67°1
Nat. Supply Corpn."
12
Spm H. E. Govt. 4% Loans
8104
(By Courtesy of Messrs. Swan, Culbertson & Fritz and 8, E. Levy & Company).
рек
H.K. Gart. 34% Lan
$100
New York Central
18
H.K. Wing On
$40
Prev. To-day's
31
N. American Aviation
184
S'hai Wing On
D
51.
North American Co.
241
London, Feb. 22 (BWB).
Berlin, Feb. 2 (T/Ocean).
Reichmark was quoted
1518
The Shanghal market was closed Barber Asphalt Co to-day.
Landon Exchange
Closing mean rates were:---
Paris, 178-63/64.
New York, 4.68-11/16..
Montreal, 4.70-15/16
Brussula, 27.8AŁ. -
Geneva, 20.60, Amsterdam, 8.751.
Milan, 891...
Berlin, 11.684.
Prague, 138...
...
Berlin Exchange
The
without guarantee at:-New York 40,131, Paris 74.871 to 74.92), London 11.68.
Paris Exchange
Paris, Feb. 22 (T/Ocean). Sterling was quoted at 176.94 to 176.98: US. Dollar at 37.76 to 37.77.
New York Exchange
New York, Feb. 21 (Reuter). TT. on London (Opening Rate), 4.08-11/18.1
Calcutta Exchange
Calcutta, Feb. 21 (Reuter).. TT on Japan. 78-5/8.
171
Northern Pacific
111
142
Pacine Gas & Elec.
a/a
31
Barnsdall O! .....
96 ctm.
Bendix Aviation
21
Pacific Lighting
451
Bethlehem Steel
891
Packard Motors
$6.00 Vibro Pillag
Maesmans Ing. (Lod.) Maramane Inv. (H.K.) Wm. Powalls
{*Sales to Bhaaghal
$0.00
High
Low Close Close Change.
180 at
New York Cotton-Mar. New York Cotton July New York Rubber New, York Hides
8.48. 7.84 7.81
B.46 8.48 7.83
8.47
01 off 7:84 01" up
Mar.
16.30 16.25 16.17 16.27
10 ap
Mar.
10.88 10.82 10.84b 10.84
unch.
Boeing Airplane Co.
301
Paramount Pictures
107
Chicago Wheat
May
69
681 497
up
Borg-Warner .........
241
Pennsylvania R.R.
201
Biggs M'facturing
241
Phelps-Dodge
377
LONDON STOCK EXCHANGE
Chicago Winnipeg
Corn
May
491 501
Wheat- MAY
638
62%
49150 834
631
up off
Brooklyn-M'hattan Trans.
121
Phillips Petroleum.
381
B'klyn-M'hattan $6 cum pf.
40
Public Bervice of NJ.
341
NEW YORK COTTON
Canadian Pacific R'way.
#
Pullman Inc.
(REUTER'S SERVICE)
321
41
Pure Of
Case, JI
91
Landon, February 21.
Close
Opening
Closing
Change
Celanese
211
Radio Corpn."of Am,
7
Chesapeake & Ohio
35
Republic Steel
301
Chrysler Corpo.
751
Reynold Tobac. "B"
"36
The following quotations are the middle prices at the close of March (1939) the market in London. All quotations are subject to confirmation | May and no responsibility is assumed for errors in transmission.
8.48/48
8.48/40
8.46/47
8,10/10
8.11/11
8.08/08
.02 ott
July
1.83/83
7.82/82
7.83/84
Columbia Gas & El.
##
[Schenley. Distillers
151
+1
£
*
Columbia 6% "A" pf.
841
Schenley, 54% pfd.
68
Commercial
524
Sears Roebuck
#17
Commonwealth & 8. (ord.)
11
Shell Union Ott
121
C'wealth & 8. 8% cum pí
60
Socony-Vacuum Oil
War Loan; 31% (Red.
911 after 1952) Canton-Kloon Rly, 6% 19-1/2
Union Insurance
301*
Gula Kalumpong Rubber 18/9 Allied Ironfounders ......
124
Consolidated' Edison
321
Southern Pacific
Chinese 4%. Gold, Loan,
161
Southern Rly $5 pid.
1898 (Brit. Issue)....... 73
18/0 Asso. & Elec. Industries 41/3 29/9 Austin Motors, ord..
October December January (1940). Spot
7.40/40.
7.41/41
7.40/40
unch.
7.35/36 7.38/38
7.37/87
7.28/38
7.40/40
7.39/39
8.91 N
8.89 N
NEW YORK BUBBLE
Consolidated Off
301
Continental Can
381
Sperry
Chinese 5% Gold Bonds,"
451
Amsterdam
Continental Oll
201
Standard Brands
1925-47.......
67
61
Stand Gas As Elec,
Corn Products.....
631
31*
Btandard Oil of NJ.
Chin. 4% Anglo-French
Loan, 1908
52
Curtiss Wright (C.)
$1
481
Curtiss Wright "A"
264
Stone & Webster
14
Deere & Co.
191
Swift International
Chinese 5% Crisp Loan,
1912....
X 88
Cable & Wireless, New
Form, ord.
414
March (1939)
18.17/11
18.20/25
16.20/2710 up
B.-A. Tob, (bearer):..
97/6
May .....
16.16/17...
16.21/21
18.25/25
.09 ap
Cammell Laird, ord. ........ 8
September re
16.14/14.
18.21/23
16.36/377
Mexican Eagle
TA
December
16.15 N
16.27/23
.13 up
241
Courtaulds
28/3
Distillers Corpn. Seagrams Douglas Aircraft
181
Technicolor a.........
Chinese 5% Regig. Loan,
Distillers
92/9
184
1913 d. I.)
401
727
Texas Corpn. ..................
Dunlop Rubber
24/6.-
444
Du Pont de Nemours ......
147
Texes Gulf Sulphur
31
Eagle Picher Lead
·LE·
Trans-America. Oo,
Chinese 5% Ster. Notes,
1923 (Vickers)
13-1/2
01
Faton Mfg. Co.
224**
20th Cent, Fox
Chin. Imperial. Riy. 5%
Gen. Electric" (England) 79 Guinness (A) Bon & Co. 108/3 Hawker Siddeley Airo.... 22/8
To-day's Balis:--1,830 tons.
First Notice Day for March Rubber is February 27 and the last Natige Day March 29.
CHICAGO WHEAT
221
Elec. Autolite
31
20th Cent. Fox. $13 pf. ......
Loan
Elec. Bond & Share
11
Union Carbide & Carbon ...
gif
Honan Rly. 5%
Elec, Bond & Bhare $3 pi.
61
Union Pacific........
Hukuang Rly, 5%, 1911... 20
931*
United Alreraft
Elec. Bond & Share $8 pt.
681
401
Sec. Power & Light $7 pf. Fintkote
United Airlines Trans,
Enkuang Rly, 5%, 1911
(German Issue)
247
United Corpn.
Lung Tsing & U. Hai Rly,
3+
Gen. American Trans. .... Gen. Electric ....
541
United Corpn. 3 cum p. 307
201
United Gas Corpn. ...
-21
Gen. Motors.
471
United Gas Improvement' 128
288 289
68
Bristol Aeroplanie
23/11
Imperial Chemical Ind. 32
Imperial Tobacco
138/101
Marks & Sp'cer “A” ord. 58/9
May July September
881/681 681/681
$84/631
up
681/681
887/687
681/70
601/601
6917694
unch.
19-1/2
Rolls Royce
113/6
Leyland Motors .....
Monday's Bales:7,897,000 bushels.
85/7
131
Tate & Lyle
60/11
CHICAGO CORN
India Rupee Paper
Gen, Railway Signal
211
US. Rubber
US. Rubber $8 piä.
1011
Glidden" Co. .....
Bombay, Feb. 21 (Reuter). Gort 34% Rupee, 96-02-0.
Goodrich (B.F.).....
32 t
U.S. Bleel
Vanadium
Goodrich $5 pt.
+251
Goodyear Tire & Co...
32
Warner Bros. Pict.
51
Great Northern Iron Ore
14
WASTE
Great Western Sugar Greyhound Corpn.
241
18
*-bid
1988 & 1930
34.33 19,00 30 Baile
also
25.52 16.14 30. Utilitie 99.70 81.38 40 Bonds
WOOL FROM HOOF | Great Northern Rly, pid. 241
A method of producing synthetic wool from the waste of domestic animal hoofd, has been discovered by a Polish chemist of Lodz, Mr. Jan Kubickt, after, six years of research He has named the new substance "Welnolls”!
Mr. Jan Kubicki has waforded in producing fibres resembling those of jute and cotton from pine needles.
Feb. 22, 1933 Low Dow Jones Averagon, Feb, 20. Bigh Low Close - Chaguo High
1427414.13 142.05 142.64 16 of 158.41 91.96 30 Industrial
---29,78|| 29,40 29,6106 up
94.94€ 21.70 1489309 20.08 1919
HK, & Shal Bank (Collins)
Reg)
Chinese Eng & Mining
(bearer)ien
Chosen Corporation Pekin Syndicate ..... 15 up Shat Blec, Constr. Co. Business Done;-170,500 shares 8hal Waterwork
SAD) 45.03 11. Commodity Index 47,41
Westinghouse Elec.
1071
Woodward Iron Cor.
Chase National Bank
314*
National City Bank
233
Jap. 5% Bter. Loan, 1907 45 Jap. 6% Bter. Logn, 1924 50-1/2 Ger, 1% Intl. Loan, 1924 38 Chartered Bank
Ꭿ
t-ek di
S'hai-Ning Rly. 5%..... Tientsin-Fukow Rly, 5%
(Brit. Btpd.)
Tientsin-Pukow Rly: 5%
(German Etpd) Tientsin-Pukow Rly, 5%
(Brit. Stpd. Supl Loan) 16: Tientsia-Pukow Rly. 5%
(Ger. Blyd. Bupl Loan) -15,
Woolworths
Anglo-Dutch
Rub. Plant. Invest. Trust 23 Hurma Corporation ......... 8/41 Commonwealth Mining. 1/41 Marsman Investments... 14/35 Randfontein Estates
Turner & Newall
778/41
United Steel .....
24/3
Smethwick "Drop Forg......... 16/6
May
493/492
4017494
491/50
Armstrong Stevens, ord. 7/9
July
51/51
501/691
511/514
Pressed Steel, com.
September
51/511
511/514)
517617
17/9
:・་
Vickers, ord. unspon
23/11
WINNIPEG WHEAT
83/8
·24/3
May July
October
634/634 63)/631 037/64 641/841
031/83
64/64
633/634 641/541
555
38/3-
NEW YORK HIDES: (New Contracts)
HK & Shal Bank (Lan
Regres
Western Holdings.
9/9
851
Bub-Nigel.
231/3
DOW JONES. AVERAGE
Tanami Gold Mining...
10.84 B 10.87/88 11:27/27
10,83/84
11.30/50
112/23
An 40-Iranian
Burman
NY-London Cross Bate 4-8/2 90/78
468-3/4 "Omcial NY BIK 83/11
42-3/4
468-11/16
956
·9473:
90.27
Shell Trans. & Trad.
(bearer)
83/11
Nominal
Sept
NEW YORKËSI
45.30 N
AITS TIN:
4506b/50a
45.20