$1410
#!
$16 30
18.60 35.60
Last Sale
MARCH 3, 1939
STOCKS
258
$58
Last Sale
Mar 2
Mar 2 $10.20
Hecker Products
11
$281
23
Homestake Mining
841
D
| Int. Nickel
523
141
Int. Tel. & Tel.
91
81
Johns Manville
941
93
Amer. Can
Kennecott Copper
378:
31
Libbey-Owens-Foru
Glass 483
$1
Amer. & Foreign Power....
$16,80
173
Lockheed Aircraft
331
Ameri & Foreign $7 pÍN.
$4.10
24
Loew's Inc.
497
PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS|Calcutta Exchange
MARCH 3, 1939
On Loridon:-
Telegraphic Transfer. 1/ 13-18
Bank Blil, on demand?/2 13/16 Credits 4 months' aight 1/31/18
On Shanghal:
On demand
On demand.
On Singapore:-
On Japan:-
On demand
On India:
186 000
3
108 3/4
Telegraphic Transfer. J62 1/3 |
and demand
On New York:-
Bank Bills. on demand 28 7/8 Credits, 30 days' sight 99 3/8
On Bataris:--
On demand
Ou Paris:
T
04 1/4
Bank Bills, on demand 1000
Credits 4 months' sight 1130
On Sakon
On demand
Os Manila:-
On demand
*L
Calcuttu, Mar. 2 (Reuter). T.T. oh Japan, 78-5/8. "
India Rupee Paper
Bombay, Mar. 2 (Reuter), Govt. 3% Rupee-Closed.
"..
Lendon Exchange
London, Mar. 3 (BWS), Closing mean rates were :~~- Paris 176-57/64.
New York 4.68-13/16.
. Geneva 20.631.
Amsterdam 8.821.
Milan 891.
Berlin 11.58.
Buenos Aires 20.34. Bombay 1.5-51/84d. Other rates unchanged.
SILVER MARKETS
LONDON SILVER,
London, Mar. 2 (Reuter).
Silver India bought. Bears
LONDON METALS
EXCHANGE
London, Mar. 2 (Reuter
Standard, Cash 41-15/16 42 Standard,
J
3 months 42-1/4 Electrolytic 47-1/2 - 48-1/4
42-5/16
www
TIN
Standard, Cash 214-1/4 -214-1/2 Standard,
STOCK EXCHANGE.
COPPER
buyers £
Bajers
Seller Sales Soulcal
FRIDAY 3.
şellers £
علام
£9
MAR.
Banks
H.K. Banke
Do. (Col. Reg.)
No. (Los. Reg.) Chartered Banks
Marcantile Bk. "A" 997 Marcantile Bks. "C
Buyers Balises
Sales Womina
£13 $88
*****
***
14
$1410 2894
£50
Bank of East Asia ...
$13
4
0475
$180
N. C. & 8. Banks...
Insurances
ba ots. Underwritten
$85
#2
Canton IngaYRDOM ...
Unjon InsuranOSE...
$110
150
5.59 $.57
*****44
$475
F.& Fires
'87
SID
180
Shipping 11
Dougla
Steamboats
Indo-Chinse
7175
9071
#14
(Prod.)
$55
196
Indo-Chinas "(Def.)...
#24
90/J
Bhells
{Waterboats
::
86/10
$6
3 months 213-1/2
LRAD
11
213-3/4
$217
$470
Foreign,
Omicial Price 14-3/18 Foreign Oficial'
14-1/4
$180
3 months 14-3/8
SPELTER
14-7/16
Ordinary,
Official Price 13-5/8
13-11/18
Ordinary. Official
3 months 13-7/8 13-15/16 Final Afternoon Transactions
Tin. Standard, Cash, £214-1/4 $6.36
sellers:
Tiri, Standard. 3 months. £213-
covered. Buyers satisfied. Market. 1/2 sellers. In the afternoon, the market, was quietly steady, with small buyers
108 3/4
US
On Bangkok
On demand
150
at the rate.
Sterling Notes:-
Bank Buying Rate
1/3
Bar Silver per os.
20 1/B
Market Report
From Rots Bros.
Spot, 20-1/2d.
Forward, 19-3/44.
NEW YORK SILVER
New York, Mar. 2 (Reuter). Oracial Price. 42-3/4,
BOMBAY SILVER Bombay, Mar. 2 (Reuter).
Indian Mint Silver
Market-Closed.
HUMBAY SILVER Unofficial Quotations
The price for Ready Silver zose 1/16 yesterday to 20.1/2 but the Forward rate was unchanged at 19.3/4. Silver advices reported some bear covering. India, bought. The market closed steady with Ready buyers satisfied. American Silver Mar. 17 Settlement Apr. 17 Settlement Market-Quiet.
was quoted at 42 3/4 for Spot..
The London/New York Cross- rate Was quoted at 483.31. New York/London was quoted at 488. 13/16.
Market.. Steady but quiet,
Sterling
¿
There were sellers at 1/2.29/32° March, 1/2.7/8 April/June, buyers at 1/2.13/18 for cash and 1/2.29/32 April/June.
U S. Dolları
There were sellers
W
33-09 52-08
52-08 52-08 52-04 $2-04
·BROKERS' LOANS
817
$161
#:
$0.45
Docks, Wharves,
Godowns, etc,
$116.K, & K.- Whartm
Providents (old)
APOT
3118
APRIL-JUNE
$0.65
#6.30 | Providente (nové)
$4.25
$164
H.X. & W. Dooks...
Do.(new) prstene
117.80
$17
#96 Shanghai Donka 8..
$101
16.60 New Engineering
Mining
17/3
[17/4)
Baube
38.20
Vezeruola Gold Fide
#3
bcta
Hong Kong Mine...
--
Lands, Hotels and
Buildings
Week-ended
2/3/39 $647,000,000
.36.80
H.K. Hotels
10.25 16.90
$50
H.K. Lands $38
JULY-SEPT..
SINGAPORE RUBBER
February 1 buyers sellers
March 2
buyers sellers change 28-7/8 29-1/8 28-5/8 28-7/8 of 1/4 28-1/8 -29-3/8 29
off "1/8 29-1/4 29-3/8 29-5/8 29-1/4 29-1/2 off 1/8
The market opened with prices unchanged for all deliveries as compared with Wednesday's closing rates.
Early in the morning the market displayed a steady undertone. thus reflecting conditions prevailing in London and New York,
Whilst consuming interests continued to be good buyers of "ac- tuala," speculators were somewhat hesitant to enter into fresh .com- mitments, preferring to await further developments.
tore.
Subsequently the market turned dull, closing with a quiet under-
LONDON RÜBBER
$107) Do. 4 Debentur
$100
#9.35 Shanghai Lands
B.
Previous close
To-day's close
$5.20
H.K. Realtica ......... 8868 Humphreya ........ $100 Chinese Estates
Colion Mil«.
35.90
18+
buyers sellers buyers sellers. change
SPOT
8-1/4 8-3/8
8-3/18 8-5/16 O 1/16
APRIL-JUNE
$17.60
JULY-SEPT.
898 #29)
OCT.-DEC.
8-7/16 8-1/4 8-5/16
8-3/8 8-3/8 8-1/28-5/16 8-7/18 8-7/10 8-9/16 8-3/8
8-1/2
off 1/18
of 1/16
of 1/18
$434
After ruling easy, the market steadied up..
New York, Mar. 2 (Reuter).
Loan "on securities to brokers in New York:-
Week-ended 23/2/39 $640,000,000
LONDON GOLD
London. Mar. 2 (Reuter).
Bar Gold, Fine per oz.. 1438/3). Dollar Parity, 1d. premium.
NEW YORK STOCK EXCHANGE
STOCKS
at 29 1/8
Adams Express
March, 29 1/18 April/first half Alleghany Steel Co May, 29 May and 28 15/16 June, Allied Stores buyers at 29 3/16 for cash; 20 1/8 Allis Chalmers first half of April. 29 1/18
and probably 29 for June.
Shanghal Dollars
Sellers at 183 18.
May Amerada Corps,
QUOTATION
.
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS, ASSOCIATION
SATURDAY, MARCH 4, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, March 2.
$17.60 Ewn (8}
$102 Bhai Cotions (8.)
++
11
Zoong Sings (8.)
$13
Wing Ga Textiles (8)
"Public Utilities
$16.90/17
Tramways
$17
$171 18.83/17
89
Peak Trams (old) ...
3
#4
Peak Trans (DOW) ...
$4
+
$588tar Ferries
167
$23.70 mati Ferries (0)
$34
$12.70 Do. (new)
1:3
China Lights (
*8.70
China Lights (New)
$0.60
China Lights Hts.
H.K. Blectrics
1591
$18 Macao Electrica
Sandakan Lights
Telephones (old)
57 Telephones (Dew)
23,0Tractions
240Tractions (prof.) ......
#:22)
1291.
Shanghai Market
Sellers
at 8.1/8 for 8pot
Amer. Locomotive
and
Amer. Metals Co.
341
Martin, Glen L
371
125)
825}
167
Monsanto Chemical
981
17
The market afternoon,
Sterling
US Dollars at 15.7/8 for Spot.
Afternoon Market
was quiet in the Amer. Sting and Ring Co.
The market closed with sellers at 1/2.29/32 March, 1/2.7/8 April! June, buyers at 1/2.15/16 for cash and 1/2.29/32 April/June.
US Dollars ·
The market closed with sellers
at 29 1/8 March. 20 1/16 April/
first half of May, 29 May and 28 Bendix Aviation 15/18 June, buyers at 29 3/16
Cash, 29 1/8 April, 29 1/16 May
and probably 29 June.
Shanghai Dollars
193 1/2 sellers for Spot.
川
Shanghai Exchange
Shanghal, Mar. 3 (Reuter).
Bethlehem Steel
Amer. Radiator
181
'Montgomery Ward
518
$11
Amer. Rolling Mill
454
Cat. Dairy Products
147
38
Amer. Sugar Ring
20
Nat. Distillers
271
Rope
bcellaneous
Dairy
Farms .....
Ch. E'tainments......
Constructions (old)
Constructions (new)
Lane Crawforda
Industrials
314
Cald., Mog. (0xd.) 8.
#18
Cald., Macg. (Fref.) 8.
¡Canton Icon
Cements
$15.70
$4.10
8251
37
#4
NEW YORK COTTON
The market opened steady, although values advanced only slight- ly. Turned irregular, but maintained a steady tone. At the close. the market was arm on some trade and foreign buying, but prices falled to rally substantially.
NEW YORK RUBBER
Prices reflected the easiness in London, but offerings were scarce. The market, however, recovered later in the session and finished well. Prices at the close were well above the day's low levels.
CHICAGO WHEAT"
No interest is being displayed in this commodity. After a some- #1-30 | what steady opening, prices sagged on favourable weather reports.
Mar. 2
Dow Jones Industrial Averages
147.15
Mar, 3 Change
146.96
off 19
7:
$8
1597
Amer. Tel. & Tel.
National Gypsum
Nanyang Tobacco...
934
14
31/
Biacere
$1.85
Amer. Tobacco “B” Anier. Waterworks
873
National Load.......
223
87 80
Watsons
$7.00 $8.10 $8
N. Y. Commodity Market
134
Nat. Power & Light
82
66*.
Anaconda Copper Atchison, T. & S. Fe. Auburn Motors ... Baltimore & Onlo Barber Asphalt Co- Barnsdall Oll .....
301
Nat Supply Corpn.
121
3.pm
381
New York Central
193
- 37"
¡N. American Aviation
18
61
North American Co.
257
173*
Northern Pacifc
124
13/6
161
Pacific Gas & Elec.
32
4/7
4/7
271
Pacific Lighting
477
737
Packard Motors
4
Boeing Airplane Co.
301
Paramount Pictures .......
11
Borg-Warner ...
261
Pennsylvania R.R.
22+
Biggs M'facturing
261
Phelps-Dodge
391
Ch. 0.5% 1925G $Bàs. H.K. Gort, 4% Loans H.K. Gort. 3% Loan H.K. Wing On ... S'hal Wing On...... Vibro Piling Marsmans Inv. (Loo.) Margnane Inv. (H.K.)
90W Powells
to Shanghai
LONDON STOCK
$100
+
.85%
$104
3411
fot
$0.00
190 cta
Fligh
•Hales
EXCHANGE
Brooklyn-M'hattán, Trans.
12/
Phillips Petroleur
39
New York Cotton —Mar, New York Cotton --July" New York Rubber -- Mar. New York Hides -- Mar. May Chicago Wheat
(By Courtesy of Messrs. Swan, Culbertson & Fritz and 8. E. Levy & Company)
Low Close Close Change
8,29 8.20 8.25 8.29 ,04 up 8.05 7.99 8.04 8.05 01 up
16.73 16.01 16.74 16.7004 off 11.84 11.73 11,85 11.94 ,09 up
跟 681
Prev. To-day's
681
687-
411
Public Service of N.J.
B'klyn-M'hattan $6 cum pt.
361
Canadian Pacific R'way. ...
5
Pullman Inc.
35
(REUTER'S SERVICE)
Chicago Corn Winnipeg Wheat — May
May
491 491
431
401
621
62€
unch. off unch.
Pure Oll
London, March 2.
Case, J.I.
91
Radio Corpn. of Am.
T
Celanese
Opening
Chesapeake & Ohio
381
Republic Steel"
21F
London
New York
Japan
Paris
Hongkong
0/8
Chrysler Corpn.
B01
Reynold Tabaç. "B"
384
15-5/8
Columbla Gas & El.
બ
Schenley Distillers
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
161
March (1939)
Close
8.60/61
Opening
Closing
Change
8.61/62 8.60/61
unch.
56-7/8
Columbia 6% "A" DÍ.
શ
Schenley, 51% pfd.
71
5.48
Commercial
54&
Sears Roebuck
74
War Loan, 31% (Red
Union Insurance
301*
May
8.24/25
8.25/25
8.27/29
.04 up
53-3/8
Commonwealth & 8. (ord.).
17
Shell Union Oil
127
Open Market-Selling Rates
C'wealth & 8. 6% cum pt.
521
Socony-Vacuum Öfl
after 1953) Canton-K'loon Rly. 5% 19-
977
127
Sterling
Opening Closing
Consolidated Edison
331
Southern Pacifc
184
Consolidated Off
64
Southern Rly $5 pld,
301
Spot March
0/8-1/8 0/8-1/8. Continental-Can ..........
401
Sperry
1838 (Brit. Isaub)................ Chinese 41% Gold Loan, 731 Chinese 3% Gold Bonds,
1:
45
Standard Brands
68
0/8-3/32 0/8-3/32 Continental Ol
264
7.
April
May
0/8-5/64 0/8-1/16 Com Products 0/8-1/3a 0/8-1/64 Curtiss Wright (C.)
Curtiss Wright "A" U.S. Dollars
851
Stand Gas & Elec.
Criin, 41% Anglo-French
34
Standard Oil of NJ.
Loan, 1908..yesim
52
Gula Kalumpong Rubber 20 Allied Ironfounders
19/3 Asso. & Elec. Industries 43 Austin Motors, ord....... 33/0 Cable & Wireless, New
Form,.ard.
47 B.-A. Tch. (bearer).... 102/6 Cammell Laird, ord.
July
8.04/04
8.04/04
8.04/05
01 up
October
1.59/59 7.59/59
7.60/60
.01 up
December
7.53/53
7.54/54
77.54/54
.01 up
January
(1940) 7.55/56
754b/50
7.53/53
03 off
Spot
9.05 N
$.05 N
unch.
9
61
484
The last Notice day for March Cotton is March 17.
NEW YORK RUBBER
Stone & Webster
Chinese 3% Crisp Loan, .
Mexican Eagle
6/9
251
151
Spot
$15-7/8 $15-27/32 Deere & Co.
21
Swift International
1912
35
Courtaulds
28/9
March (1939)
March
April
..15-3/4
15-23/32 Douglas Aircraft
May
15-21/32 15-5/8
15-13/18 19-13/18 Distillers Corpn. Seagrams. 201
Du Pont de Nemours
Technicolor ........
Chinese 5% Reorg. Loan,
Distillers
94
181
711
Texas Corpn.
1913 (Lan. Is.)
40
Dunlop Rubber
May
27
421
150
Texes Gulf Sulphur
Chinese 5% Bter. Notes,
Gen. Electric (England) 80
September
201
Market-slightly easy.
Sterling, 0/8-3/32.
Eagle Picher Lead
11
Trans-America Oc.
-1925 (Vickera)
14
6.
20th Cent. Fox
Eaton Mfg. Co.
25+
231
Merchant Rates
Elec. Autolite
341
20th Cent, Fox. 31† pt.
Loan
Union Carbide & Carbon
Elec, Bond & Share
117
-837
US Dollars, $15-13/18.
Elec. Bond & Share $5 pt.
Union Pacifc .....
1024
Bilver Duty Rate
Elec. Bonds Share $6 pt.
701
United Aircraft
40
The Central Bank of China's Elec. Power & Light $7 pf. rate on London at 10 a.m: to-day Flintkote
was 1/2-1/2d.. unchanged from Gen. American Trana. Saturday.
The Equalisation rate was 7-3/4 Gen Motors
United Airlines Trans. .............y"
381
127
281
United Corpa, .............
39
67
United Corpn. $3 cum pf.
0%
381
Gen Electric
411
United Gas Corpą.
23
491
United Oas Improvement
127
per cent,'
Gen. Railway Bignal
241
UA. Rubber
49
Glidden Co. .................
US. Rubber $8 pfd.
¡1051"
Berlin Exchange
Goodrich (B.F.).
22
US. Steel
634
Berlin, Mar. 3 (T/Ocean)]. The Reichsmark was quoted Goodyear Tire & Co. without guarantee at:-New York Great Northern Iron Ore ......... 40.14, Paris 1515, Amsterdam 75.56, London 11.68),
Goodrich $5 pf......
651
Vanadium
24
337
Warner Bros. Pich.............
54
144
Westinghouse Elec. .....................
112
Great. Northern Rly, pfd.
28;
Woodward Iron Car.
Great Western Sugar ... Greyhound Corpn.
201
Chase National Bank
21
Paris Exchange
Paris, Mar. 3 (T/Ocean), Sterling, was quoted at 1761 to 176.15/16; W.8. Dollar at 37,74 to 37.75.
New York Exchange
New York, Mar. 2 (Reuter). T.T. on London (Opening Rate), "4.68-7/8.
National City Bank
old.dir.
.241 .33 * 21*
DOW JONES AVERAGE
1928 & 1939
High. Low Dow Jones Averages, Mar. 1.
156,41 91.46;.30. Industriale.
84.33 18.00) 10 Raliz 28.11 18.14 30. Utilitzen
147,15
32.45
25.85
17.09.70 83,39 40 Bonds
50,00 -45.03 11 Commodity Index 49.5%
Mar. 3, 1923.
High Low Close Change 147.19 148,31 148,0819 of 31.56 32.18 · 32.47. 02. up 25.83-25.65 33.75 0 of 010410 up 49 33 19 of Business Done:~~600,000 shares...).
Chin. Imperial Rly. 6%
Honan Rly. 5%
Hukuang Rly, 5%, 1911...
Hukuang Rly. 5%, 1911.
(German Taste)
Lung Tsing & U. Hai Rly.
S'hai-N'king Bly. 6%
Tientsin-Pukow Rly, 5%
(Brit. Stpd.). Tientsin-Pukow Rly. 5% (German Stpd.) ...... Tientsin-Pukow Fly, 5%
16
(Brit. Stpd. Supl. Laan), 18° Tientsin-Pukow Rly, 5%
(Ger. Btpd. Supl, Loan). 16 Jap. 5% Bter. Loan, 1907 441 Jap. 6% Bter, Loan, 1924 49£ Ger. 7% Intl. Loan, 1924 38 Chartered Bank
HK. & S'hai Bank Lán.
Reg
E.K. & S'hai Bank (Col.
Reg.)
Chinese Eng, & Mining
(bearer) au Chosen Corporation Pekin Byndicate......
S'hal sc. Constr. Co. 25* S'hai Waterworks.
Woolworths Anglo-Dutch
Rub. Plant, Invest. Trust - 29 Burma Corporation, ...........#g/9 Commonwealth Mining 1/3 >Marsman " Investments... 15.
Randfontein Estates Western Holdings
Sub-Nigel TE
Tanami Gold Mining..... 430,
23
16
9
2. una a do 2 • • *‡ão. 2 8 ESKAD
Guinness (A) Son & Co. 106/9
December
16.73/73
16.65/70" 16.74/74 16.73/73 16.68/70
16.87/67 16.64/63
16.58/00
.03 of ..04.01 .07 of
16.68/68
16.60/50
16.58/88
.10 of
Hawker Siddeley Air... 20/9 Bristol Aeroplane.....
21/9
To-day's Sales:-1,930 tons.
The last Notice day for Rubber is March 29,
Imperial Chemical Ind. 31/71' Imperial Tobacco
138/9
Marks & Sp'cer "A" ord. 50/104
Rolls-Royce
113/9
May
Leyland Motors
July
131
Tate & Lyle
B1/10
September
CHICAGO WHEAT
687/661
681/681
unch.
681/60 601/693
684/881 -:681/687*
691/691
off
Turner & Newall.
78/104
United Steel
23/44
Smethwick Drop Forg... 18/0
Wednesday's Bales:---5,569,000 bushels.
CHICAGO CORN
Armstrong Stevens, ord. 7/9 Pressed Steel, com....... 17 Vickers, ord.
23/71
..... $4/17
May July Beptember
*491/401 402/492
51/511
491/401 501/501 500/501
510/514
4-514/511
--513/614.
WINNIPEG WHEAT
May July October
36/104 10/3 ***** 231/8
NEW YORK HIDES: (New, Contracts)
June
Anglo-Iranian
Burmah
93/11 85
17/3
Shall Trans. & Trad.
*(bearer)
Beptember NY Silver, Omcisi ...... 42-3/4 NY-London Cross Rate 4.88-15/16
11.84/85 12.226/27a
11.78/79 11.90/94
12:14/14
12.33/33
42-3/4
4.68-13/16
88/3
"Nominal
Beptember
45.90 B
NEW YORK-STEAFTS TIN
44:50b/80: 48,90 E
621/621
021/621
021/521
631/631
031/63
83/031
631/631
€31/034
ป