PAGE 12-HONGKONG DAILY PRESS
MONEY AND
HONGKONG
EXCHANGE
SHAREBROKERS'
ASSOCIATION
STOCKS
Last Sale
Mar. 25
of
Adams Express ......
Alleghany Steel Co......... Allied Stores
21
Int. Nickel
"
91
int. Tel. E Tėl?
Allis Chalmers ....... Amerada Corps. ... Amer, Can “.................. Amer. & Foreign Power
39
Johns Manville
601
891
Kennecott Copper ....
354
21
} Libbey-Owena-Ford
Glass
50
Ameri Foreign $7 pf... American Gas & Elec.
171
Lockheed Aircraft
29+
351
Loew's Inc...
Amer. Locomotive
· 221
Martin, dien L
351
Amer. Metals Co.
327
Monsanto Chemical
99.
14
Montgomery Ward
481
181
Cat. Dairy Products
141
431
Nat. Distillers
271
204
National Gypsum
14
1584
National Load
224
ну
844
Nat. Power & Light
91
11
National Steel Corp.
724
Anaconda Copper Atchison. T. & 8. Fe.
271
Nat Supply. Corpn.
102
334
New York Central ......
17
Auburn Motors ...
Niagara Hudson Power
81
Baltimore & Ohio
B}
N. American Aviation w.............
161
Barber Asphalt C
182
North American Co..........
224
Barrisdall Of
153
Northern Pacific
107
231
Paciac Gas & Elec.
33
Bethlehem Steel
6771
Pacific Lighting
461
Boeing Airplane Co.
251
Packard Motors
Afternoon, Market
Quiet.
Sterling
|Borg-Warner ......
271
Paramount Pictures
TH
Biggs M'facturing
241
Pennsylvania R.R.
201
Brooklyn-M'hattan Trans.
Phelps-Dodge
10
The "market closed with sellers B'klyn-M'hattan $8 cum pf.
at 12.7/8 March/May and 1/2.Canadian Pacific Rway.
27/32 June/July, buyers at 1/2. Case, 3......
36
Philips Petroleum
41
Public Bervice of NJ.
35
Prisman Ine.
301
29/32 March/May and
July, probably June.
U.8. Dollars
1/2.7/8 Celanese
10%
Pure Oli
9
Chesapeake & Ohio Chrysler Corpn.
Radio Corpn. of Am.
351
77
78
Republle Steel
184
Columbia Gas & El
Reynold Tobat. “B”
The market closed with sellers Columbia 6% "A" pl..
at 29 for March/April, 28 15/16 Commercial
May and 28 7/8 June, buyers at Commonwealth & B. (ord.)
7
381
802
Richfeld 011
51
Safeway Stores
332
Scherlay Distillers"
154
29 1/16
March, 29 May and 28 15/16 June-Consolidated Edison
carly April, probably cwealth & 8. 6% cum pt. STI'
Schenley, 5 pfd.
CLOSING QUOTATIONS
MARCH 27, 1939
On London;
H. K. STOCK
EXCHANGE
The market, was quiet; but prices remained steady, Sales were re- 10 $325.00 posted in Banks at $1380, Docks 55.75 at $179 and Old China Lights at
FINANCE
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE
porn Sali
SHAREBROKERS- ABSOCIATION
Nominal
MONDAY 27,
MAR.
Buyers Ballers
Banks
$1570
$1380/ 90
H.K. Banks
11350
Do. (Col. Reg.)
+
Do. (Lon. Heg.)
£3A
Chartered Banks
#17
£13
Marcantile. Bk. "A" Mercantile Bka, "0"
$80
ខ
Momina
Volume of Businem Transseted on Monday, March 27,"
Canton Ins.
Electrica
Trams
Trams
Telegraphic Transfer. 1/8 15/32 Trams
Bank Bills, on demand 1/9 25/32 China Lights (N)
Credits 4 months", sight, 1/3 1/3%| Consol, Mines ...** 20,000
On Ahanghai:--
On demand
176 nom
On Singapore:--
On demand
59 7/8
On Japan:-
On demand
10 1/2
On India-
Telegraphic Transfer.
R: 3/8
and demanding. On New York-
Bank Bills, on demand 18 18/16 Credits. 60 days' sight 89 5/18 Un Batavia:--
On demand
On Paris:-
84.3/16
Bank Bills, on demand 1087 Credits 4 months' sight 1197
Un Saigon:-
On demand
On Manila:----
On demand
On demand
On Bangkok
Sterling Notes:-
108.378
BRITISH LORRIES
FOR CHINA
The contract was signed at the Chinese Embassy. London, recently by the Chinese Ambassador on the Chinese Govern- behalt or
representatives of ment and Messrs. John Thornycroft and Co., for the supply to China of 300 fully equipped light and heavy motor lorries for service on the new Burma-Yunnan road. The total value of the contract is £223,011, including £30,884 for spare parts and breakdown equipment.
Cementa, $134.
HK. Ropes, $4.
Union Ins., $475. HK. Lands, $36. Watsons, $9.10.
SALEN
100
100
18.15 $8.30
.500
16.20
. BUYERS
700
18,25
Hongkong Bank, $1370.
500
5.60
Canton Ins., $220,
Fx, 0.02
Douglases, $49.
B. & 8. Hotels," $54.
HK. Electrics, 3551.
Canton Ices, $1.
1990
$475
8470
T
Wing On (H.K.), $47.
183 H. Fires
Entertainments, $81.
HX, Govt. 4% Loan 4% prem. HK. Goft, 31% Loan Par. Dairy Farms Rights, $15).
SELLERS
$59
Baak of Enat Asin. ... N. C. & 8. Beck ... Insurances
Canton InsuTENORS. ....... Union Insuranobe Underwriters
Shipping
$485
Douglasce $88
:::
#
#14
Steambos
$60
Indo-Chinna
(Pret.)
83,B
Sholla
19
Indo-Chinas (Det.)...
Waterbosta
$50 90
Docks, Wharvės,
Godowns, etc.
SPOT
$111
H.K. & K. Wharres
2112
APRIL-JUNE
Hongkong Bank, $1380. Union Ins., $4724. H.K. Docks, $17).
$4.05 ex div. Provident (old)
ม
X.D.
Providente (WW) '........
$17
China Lights (Old), $8.20. Dairy Farms, $21 Ex rts. Dairy Farms Rights, $15).
PHILIPPINE MINING QUOTATIONS
18
Antamoks, Ps. 41.
H.E. & W. Dock... $170.D.
Do. (new).........
SIG Shanghai Docks 8.
16.70 New Engineerings
17/3 Karja
Raub
Mijning
Vangapoia Cold Fida
6 cta Hong Kong Hines ... Lands, Hotels and
$36
Buildings
H.K. Hotele H.K. Landa
$104 Do. 4% Debanturis $8.90 Shanghai Lands
EK Realties
B
$8.55 Humphreys sans $100 (Chinese. "Estates
Cotton Mills
10.30 E (8.)
***
#107 S'hal Cottons (8) 134 Zoong Sings (8.).
Wing On Textiles (8.) Public Utilities
36.50
1
$101
81"
17/3 981
$3
Payment is guaranteed by the
The Export Credits Department. 57 7/8
lorries are to be delivered in Rangoon, and the first shipment is 160 3. due to be made within four weeks.
Bank Buying Rate... 1/2 31/32 Bår Silver per oz.
Market Report..
From Bors Bros.
90
The Chinese Government has now accepted the invitation to China to participate in the con- ferences of the International Tea Federation which are to be held in London some time in March, 1940. A Chinese Government representa- Sliver prices, were unchanged tive will be sent to London, while over the week-end, the quotations the Ministry of Economics haa remaining at 20 for Ready and decided to send samples of red 19.11/16 for Forward. Slyer ad-and green tea to the conference as vices reported *a* quietly steady exhibits, with a view to reviving market with hardly anything
doing. American 'Suver was quoted at 42 3/4 for Spot.
The London/New York
rate was quoted at 468.18.
cross- New York/London was quoted at 468.
1/4
Market
Opened with indications casiness but later reacted sightly. Stering
1
Business was done at 1/27/8 for May delivery. The market closed at, p.m. with sellers at 1/27/8] March/May and 1/227/32 June/ July. buyers at 1/2.29/32 Cash and 1/27/8 June/July.
U.S. Dollars
Atoks, 35.
Benguet Consolidated, $12.50. Coco Grove, Ps. 42.
Consolidated Mines, .003.
I. X. L., Ps, .81. Paracale Gumans, Ps. .17. San Mauricio, Ps. 1.98, Suyou, Ps. 19.
Enited Paracale. Ps. 71.
international interest in. China's products, the report states.
NEW YORK STOCK EXCHANGE
QUOTATION
Business was done at 29 1/18 Amer. Radiator for March and 23" for April. The Amer. "Rolling Mili market closed at 1 pm, with sel- Amer. S'ting and R'ing Co. lers at 29 for March/April. 28 Amer. Sugar Ring 15/16 May, 28 7/8 June and 28 Amer. Tel & Tel 13/18 July, buyers at 29 1/10 for Amer. Tobacco "B", March, 20 first half May, 18 15/18 Amer. Waterworks June and probably 28 7/8 July.
Shanghai Dollars
180 for Spot.
Shanghai Market
8.1/4 sellers of Sterling for
Spot and US, Dollars at 18.3,32 for Spot,"
Bendix Aviation
MARCH 28, 1939 STOCKS
Last Sale
Mar. 25
573..
491
8
#36
83
International Harvester
J. & Laughlin Steel $7 pfd. 47*
442
·Bopeenek
Miscellaneous
Dairy Farins
Ch. E'tainmente
Constructions
Constructions (saw)
Lane Crawforda
$1.80 Binceres
[Watsons
Ch. G.5% 1925G $Bds, H.K. Gart. 4% Loans
H.K. Gort. Loan
H.K. Wing On
'hal Wing Où
$8.30 Vibro Paing
KARA
15/0 |Marsman's Inv. (Lion.)
Maramans Inv. (H.K.).
90 cta, Wm. Powells
*Salos
to Shanghal
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confrmation and no responsibility is assumed for érrors in transmission.
New York Cotton. July New York Rubber, May New York Hides, June Chicago Wheat, May Chicago Com. May Winnipeg Wheat, May
$996
1100
TUESDAY, MARCH 28, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, March 23.
!::
136
$1 Bi
$480
JULY-SEPT.
SINGAPORE SUEBER
March 24
buyers
sellers
27-7/8 28-1/8
28
March 25 buyers seller's
change
27-7/8 28-1/8. unch. 28-1/4 28 28-1/4 28-1/4 28-1/2 28-1/8 28-3/8,
off 1/8"
The market opened with prices unchanged for all deliveries as "compared with Friday's closing rates.
Early in the morning, the market ruled with a quiet undertone. Although fair enquiries for "actuals-by consuming centres were in in evidence, speculators preferred to maintain site-line positions' in view of the unsettled international political situation. Consequently only a moderate volume of business was transacted at quoted rates. Towards the close of the session, however, the market turned easter due to speculative liquidation, prices declining by 1/4 cent for all deliveries. "
Closing tone was easier.
LONDON BURBER
1
Previous close
To-day's close
buyers sellers buyers sellera change
:
$13
H.K. Electric
$15 Macao Electrion
$23
Sandakan Lighte
Telephone (old)
$71 Telephonse (WW)
13/0 Tractions'
23/6 Tractions (pruf.)
$40
$16.20
Tramways
$16.15
$8
Peak Trams (old)
Peak Trams (now)
14
#87) Bar Forri
JOT
$248
Y'mati Farris (0)
145
814
$8.70 Chink
Do. (0)·
$8.15
18.95 China Lights (New)
$5.40
China Lights Rt.
$55
$20+*
SPOT
$104
APRIL-JUNE
SED?
JULY-SEPT.
OCT.-DEC..
8-1/18 8-1/8 8
8-1/16 of 1/18
8-1/16 8-1/8 8
8-1/16
8-1/8 8-3/16 8-1/16
8-1/8
8-3/16 8-1/4 8-1/B
8-3/16
29/-
131
$13
H
ex. rts. $11
$12
Industriais.
314
Cald., Macg. (Ord.) 8..
$18
Cald., Hacg. (Fred) 8.
Canton Ices
$1.30
Comenta
813
$4.30
:
201
all
$6,30
(old)
Market idle.
The average forecast of last week's rubber stocks in London and in Liverpool indicates no change from the preceding week's official Agures.
NEW YORK COTTON
The market was fairly steady at the opening, though price move- ments were within a narrow range. Higher Elverpool cables and buy- ing by Wall Street helped the early market. After opening steadiness, conditions became quiet under liquidation. due largely to week-end uncertainty. The continued confusion regarding the" legislative poal- tion in Washington was an unsettling influence.
#
NEW YORK BUBBER
The market followed London cables and the action of securities. Trading was very duli throughout the morning.
CHICAGO' WHEAT :
$0.10
67).
4%#p
D
Previous To-day's
Nanyang
ang Tobacco ...
$72
close
84
Dow Jones Industrial Averages
141.822
close Change 141.55 off 71.
$1.80
30
67
0410
$104
$100
The market easily responded to minor mill buying and covering by short interests.
เ
N. Y. Commodity Market
31
/0
TI
90 Cu
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)
Prev. To-day's
High Low
7.90 7.83
11.55 11.41
Close Close Change 7.03 7.99 unch. 16.16a 18.03 13 off 11.46 11.48.02 tip
London, March 24,
81
68
68 477 471 47* 471 801 601 601 804
67
↑ up
unch,
up
•
£
NEW YORK COTTON
317
Bears Roebuck
71
War Loan, 34% (Fléd
Union Insurance
301*
Close Opening
Closing
Change
180.
Shanghai Dollars
Shanghai Exchange
Shanghal, Mar, 27 (Reuter).
Consolidated Oil
B
Shell Unión Ofl
12
after 1252)
961
Gula Kalumpong Rubber
18/9
Continental Can
391
Socony-Vacuum Oll
124
Canton-Kloon Rly. 8%
Allied Ironfounders ......
May
8.15/18
8.18/18
8.17/18
..02. up
19.
Continental Oil ....
27
Southern Pacific
15%
1898 (Brit. Issue)
20
Corn Products .....
651
Bouthern Riy $5 pfd.
251
Chinese 41% Gold Loan
75
Asso. & Elec. Industries 40/11 Austin Motors, ord.
July
7.93/93-
7.95/95
7.93/93
unch.
October
7.56/50
7.80/61
7.58/56
32/6
Curtiss Wright (C)
0
Sperry
422
Chinese 5% Gold Bonds,
Cable & Wireless, New-
December
7.51/51
7.55/55
7.52/52
Curtiss Wright "A"
241
Standard Brands ..............
32
1925-47
#7
Form, "ord.
January
7.50 N
7.55/55
7,52 N
*49j
Opening
Deere & Co.
201
Stand Gas & Elec
31
Chin. 4% Anglo-French
B.-A. Tob. (bearer)
March
7.53 N
7.55b/592
7.55 N
London
New York
Ізрад
Paris.
0/8.
Distillers Corpn. Seagrams
181
Standard Oil of California
96/10/
28
Loan, 1908.
55
Cammell Laird, ord,
Spot
8.90 N
8.92 N
42 up
8
15-5/8
Douglas Aircraft
Standard Oil of NJ.
67
48
Chirisse 5% Crisp Lean,
$6-7/8
Du Pont de Nemours
150..
Stone & Webster
13
1912
37
5.48
Eagle Picher Lead
10
Swift International
272
Chinese 5% Reorg. Loan,
Hongkong
53-3/8
Eaton Mfg. Co.
231
Technicolor
161
1918 (Ldm. (a)
Spot............ 0/8-1/4
March
April
May
Spot
U.S. Dollars
$16-3/32
0/8-1/4 0/8-1/4
Open Market-Selling Rates Sterling
Opening Closing
078-1/4 0/8-1/4 0/8-1/4
Elec. Autolite
331
Texas Corpn. .....
427
Elec Bond & Share .......
97
Teter Gulf sulphur
30
Elec. Bond & Share $5 pr. Elec. Bond & Share $8 pt. Elec. Power & Light S? pf. Engineers's Public, Bervice.
Trans-America Co,
704
20th Cent. Fot.
321
20th Cent. Fox. $13 pt.
101
Union Carbide & Carbon
25
28*
521
38+
461
*****14*
...........
20 201
67
311
Great Northern Iron Ore
141*
Great Northern Rly, pid:
254
19
631
24
*-bld.
1930
March April .... May
08-15 BA 0-15 64 Fintkote ...
16-3/32 .... 16-1/16 18-1/32 Market-Very quiet."
Merchant Rates Sterling. 0/8-1/4.
US. Dollars, $16-17 18:
Silver Duty Bate
Food Machinery Corp. Gen. American Trans. ... $16-3/32 Gen. Electric.
16-3/32 Gen. Motors .. 16-1/16 Gen. Railway Signsi
16-1/32 Glidden Oo.........
Goodrich. (BF) Goodrich $5 pt... Goodyear Tire & Co
The Central Bank of China's Great Western Bugar. rate on London at 10 am. to-day Greyhound Corpn. was 1/2-1/2d. unchanged from Hecker Products Saturday,
Homestake Mining The Equalisation rate was 5 per Industrial Rayon cent
BOMBAY SILVER Unomdcial, Quotations Indian Mint Sührer
152-08-52-08 52-07 52-07
Apr. 17 Be£ieme ot May 13 Settlement
Market quiet tait steady.
DOW JONES AVERAGE-
High Low Dow Jones Averages, 154.85 138.42-930 - Industriale
(3422. 27.03.20 Retir
38.59 22.30 30 Utilition $2.99 89.28 40 Bonda
Mar 28, 1989,"** Mar. 26. High Low Close Change -141,8% 142.68 140.37 141.55970
$31,870 80.05 13.81 29.7314 off 24.14 86.28
$13.87 31.05 09 on (90.43)
20.3607 a 747,85 207- Businesà Done: 440,000 shares
4RTE $8.59" TY "Odmodity Index 47.78
*. (Brít. Stpd. Supl Loan)... 1s Tientsin-Pukow Rly. 5%.
(Ger. Btpd Bupl. Loạn) 16 Jap, 5% Ber. Loan, 1907, 374 Jan. 8% Ster. Lonn, 1924 43 Ger: 7% Intl, Loan, 1924. 37," Chartered Bank......
HK. & 8hal Bank (Gəl
Reg)
Chinese Eng & Mining
(beurer)'
Chosen Coro Pekin Synále shal mec Bnal Water
Union Pacific
Chinese 5% Ster." Notes,
1925 (VickETS)
Chin. Imperial Bly. 5%
Loan
Honan Rly. 5%.
Haknang Bly, 5%, 1911. Hakuang Rly 5%, 1911
23
23
United Aircraft
(German Iarde) 18
United Airlines Trans.
114
United Corpn.
Lang Tsing & U, Hai Rly.
5%
United Corpn. #31 cum, pf.
35
United Gas Corpo. .......
21
United Gas Improvement 124
18+ Bhai-N'king Rly. 5% 24 Tientsin-Pukow Rly. 5%.
(Brit. Stpd.)
[US. Rubber 11.
41F
Tientsin-Pukow Rly. 5%
US. Rubber $8 ptd.
1001
(German 8tpd.).
UB, Steel
561.
Tientsin-Pukow Bly. 6%
Vanadium
211
Warner Bros. Fict
51
Westinghouse Elec. V
103
Woodward Iron Cor.
Chase National Bank National City Bank
·311*·
1-ex dir
Reg)
n ོ ུRRR: བར་
Mexican Eagle
Courtaulds
Distillers
7
NEW YORK BUBBER
28/6 91
March
18.11 N
16.01 B
.10 oz
tor
Dunlop Rubber
26/8
May
18.145/18
Cien. Electric (England) 78
September
Guinness (A) Bon & Co. 102/8
Hawker Siddeley, Aira...." Bristol Aeroplane.
20/7
21/10 Imperial Chemical Ind. 30/41 Imperial Tobacco.....
133/14 Marks & Sp'cër "A" ord. 58 Rolls Royce ...
16:14/14
December,........... 18.15/15:
To-day's Sales:-240 tons. The last Notice day for March Rubber is March 29,
CIDUAGO WHEAT
18.00h/10a 16.08/09
16.015/03a
13.
18.05/06
16.11/11. 16.05/06
09 of
May..
108/9
Leyland Motors
July
Tate & Lyle 'L... Turner & Newáll
September
671/871
874/871
68/677
67#/673 671/670 681/68--
68/671
898
80 76/101
Friday's Sales-4,475,000 bushels.
16.
United Steelersetzer 23/3 Smethwick Drop Forg.... 15/9 Armstrong Stevens, ord, 7/9 Pressed Steel, com. Vickers, ord,
May
18/101
21/11
July September
CHICAGO CORN 474/474. 47/471 491/491
471/473
501/501
481/49420 493/495" 501/501
504/504
Woolworths
80/71
Anglo-Dutch
24/6
WINNIPEG WHEAT
Rub. Plant. Invest. Trust 27/6. Burma Corporation 8/6 Commonwealth” Mining..... 1 Marsman Investments... 16 Randfontein Estates .... Western Holdings, Sub-Nige
May
601/601
July
109/109
October
35/3
9/9.
220
June
Tanami Gold Mining Anglo-Iranisi
September
17/3
Burmah
86/101 81/3
(bearer)
Nomt
614/014
801/601 60%/60% 871/607 614/618 621/621
NEW YORK HIDES: (New Contracts)
1145/46 11.55/50 11.46/48 11.85/88 11.94/91 11.85b/89a
NY Silver, Omolať ...... 42-3/4 NY-London Cross Rate 4.68-5/15.
September
Traded
NEW YORK STRAITS TIN
46.475
46.400/756 40.65
unquoted 4.68-1/4