11
Ready Ap. 17 Settlement.... May 13 Settlement”...
Market:-Quiet.
PAGE: 12-HUNGKON
MONEY AND
EXCHANGE
DAILY PRESS
SILVER MARKET
LONDON SILVER. London, April 8 (Ruter), · trade Sliver-Small American demand and occasional speculative
CLOSING QUOTATIONS selling. Market quietly steady. In the afternoon, the market was quietly steady, with small buyers at the rate but sellers were resory- od.
APRIL 6, 1939
On London:-.
Telegraphic Transfer, 11⁄2 5/5 Bank Bills, on demand/2 5/4 Credits 4 months' sight I/S 15/18
On Shanghai:-
On Singapore--
On' demand
175.com
On demand
59 3,B
On Japan:
On demand
#4 1/9
On India:
Telegraphic Transfer 1 3/8
and demand
On New York:-
Bank Bills, on demand 81%
Credits, 60 day"""sight :9
Spot. 19-15/10d. Forward, 19-11/150.
NEW YORK SILVER New York, April 8 (Reuter). Official Price, 42-3/4.
BOMBAY SILYER Bombay, April 5 (Reuter).
Ladian Mint Silver
LONDON METALS
-EXCHANGE London, April 5 (Ruter).
.. COPPER
sellers buyers.
£.
Omcial Price 13-15/16 14 Foreign Official
£
FINANCE
HONGKONG SHARE QUOTATIONS
-SNAREBROKERS ASSOCIATION
STOCK EXCHANGE
Bayset,|| BaBors
Bali THURSDAY 6.
APR.
Bagers, Ballara Domina
Standard, Cash 42-1/4- Standard.
42-5/16
3 months-42-9/16
47-3/4 Electrolytic .....
TIN Standard Cash 214-3/4 Standard.
42-5/8 48-3/4.
215
:.
3 months 213
LEAD
213-1/4
"
$320
Foreign.
$4.0
9 months 14-1/4
SPELTER
14-5/16
Ordinary.
92-10 52-10
Omelal Price 19-1/18 52-09 52-09 Ordinary, Official 52-07 62-07
13-1/8
On Batavis
On demand
63 0/16
On Paris;-
Bank Bills, on demand 175
Credits 4 months' sight 1117
Un Salzon:-
On demand
17 1/4
Calcutta, April (Reuter).
On Manila:-
On demand
On Bangkok`---`
57 1/4
མས་ ་ ་ ་ཀམ།
On demand
133..
Sterling Notes:-
Bank Buying Rate
1/2 13/1
Bar Silver per oz.
15/18
Shanghai Exchange
Shanghal, April 8 (Reater),
Opening
Securities
(Indian ...Government) ....... (Indian
Notes in circulation Notes (including held in the Bank- ing Department)... 20,567 Rupee Coln and Bul-
lion in India Gold Coin and Bul-
lon in India Securities
and
Ameri-
7,048
London
New York
Japan
Paris
Hongkong
0/8
Government)
4,354
3,229
5,950
15-5/8
56-7/8 5.48 53-38
NEW YORK STOCK EXCHANGE
Open Market--Selling Rates
Sterling
Opening Closing
$1:1
118,35
QUOTATION
R
Banks
$1300 H.K. Backs
£83
237
813
Do. (Col. Beg.) ... Fe (Lon. Bag)....... Chartered Beaks ............. Marosatile Bk. "A" Mercantile Bha, "C"
11385
295
$80
(Bank of Emai Asia ...
$50
[N. C. & B. Banks
COMMODITY MARKET REVIEW
Insurances
Canton InsuTADOS ...
$130
$223
Union InsuraDOM KE
Sij
Underwriteri +42046444
$480
$183. Fires
186
(FROM PAYNE & CO.)"
Shipping
$68
#67
313
Steamboats
$11
$60
Indo-Chinus
(Prof.)
$50
#34
Indo-China
(Del.)...
15-7/18 3 months 13-3/8 Final Afternoon Transactions Tin, Standard, Cash, £215 buy, ers.
RESERVE BANK OF 1/2 paid and buyera.
INDIA STATEMENT
Mar. 24 Mar. 31 OIL PROPERTIES
IN MEXICO
MEXICO, CITY, April 8 (Reuter) 20.722-Seventeen British
can petroleum companies have re-i 7,101newed legal proceedings against
expropriation of their properties. 4.154 The companies requested an in- junctor against President Car- 3,229 denas decree of March 18, 1938. and they will carry the fight to 6,950 the Supreme Court.
#88 Shanghai Lands
$4.4 H.K. Romitive.......
8.55 Humphreys ........
Bluž
Chinese Estates ..... Cotton Mills
9.80 Ew. (8.)
80 Bhai Cotions (8) $30 Zoong Sings (8.) $40 Wing On Textiles (8.)
Public Utilities Tramways in
82/0
Baells
B
$105
Tin, Standard, 3 months, £219-
| Providenta
Frovidents (new)
$18
U.S. & BRITISH
Water boats
ཏཐཱ།་་ཎྜཉྩ་སཾ⪜*
Docks, Wharves,
Godowns, etc.
H.E. & K. Wharves
HK. A W. Docks... 164
Do. (bw)
#1614; Shanghai Docks 8. $8.70 | New Enginearings &
Mining
Venezuela Gold Tida
Landa. Hotels and Balldings
#90
19/6
齁
SPOT
$100
JULY-SEPT.
$4.90
OCT.-DEC.
New York, April 6.
SINGAPORE RUBBER
April 4
buyers
sellers
April 5 buyera sellers
change
21-7/8
28-1/5
27-1/4 27-1/2
of 5/8
23
28-1/4
27-1/2 .27-3/4
off 1/2
28
11
28-1/4
27-1/2 27-3/4
$8
178
17/6
Kailan
#3
Raube
381
13
4 ota Hong Kong Vines ...
15
H.K. Hotela
$0.45/70...
154
[H.K, Landı........8.
#32
$104 Do. 4 Debentures
$14
144
IN
The market opened 3), of a cent lower for all deliveries as compared with Tuesday's closing fates
Quiet and dull conditions prevalled throughout the day thus re- sponding to advices received from London and New York. The exal- ness on the London and New York stock-markets coupled with a re- newal of European political uncertainties was a depressing factor and caused dealers and speculators to adopt a hesitant attitude. Also the bellef, that the peak of 'American consumption has passed and that the outlook now is less promising, exercised a restraining in- fluence on the market.
Closing tone was quiet
.
LONDON RUBBER
Previous close buyers sellers buyers
7-15/18 8 8-1/8
8-1/8 8-1/16 *8-1/8. 8-3/16 81/8 6-3/10
"RIDAY, APRIL 7, 1939.
PAYNE & CO.
COMMODITY BROKERS
·STOCK EXCHANGE BUILDING
HONGKONG
OT 1/2-
1.***
K
E
$19.808 POT
To-day's close
sellera
change
7-15/18 8
unch
$107
JULY-SEFT.
.8
$8
OCT.-DEC.
up 1/18 Bach,
8181
JAN.-MARCH
.......... 8-1/8
8-1/4
B-1/8 8-1/4-
Market steady but idle,
unch.
$10)
Peak Trams (old) ...
14
Peak Trame (new) ...
14
Spot
0/8-1/4
0/8-1/4
April
0/8-1/4 0/8-1/4
STOCKS
Last, Sale
APRIL 6. 1939 STOCKS
BH71
Biar Ferrine - ZAGADNIE
リ
Last Bale
2241
|Y')
Umati Ferriss (0)
Do. (new)
May
0/8-15/64 0/8-15/84
Apr. 5
June
U.S. Dollars
0/8-7/320/8-7/32 Adama Express
Alleghany Steel Co.
7!
int. Nickel
Apt. 5
48]
18.30 881
15.95
| Chins" Lights (0)
$8.30
hing Lights (New)
36.40
17
Int. Tel. & Tel.
71
China Lights Bu.
***
.i
H.K. Risetrics
Spot
$16-1/16
April
May
June
16-1/16
18-1/32 15-31/32
18-1/18
$16-1/18 Alled Stores
Allis Chalmers
71
Johas' Manville
*12
$661
$061
331
3. & Laughlin Steel $7 pfd. 401*
$181
Macso Electrica
|Bandakan Lights
$12
18-1/32 Amerada Corps. 15-31/32 Amer. Can.......
57
Kennecott Copper
31L
4:3
Telephones (old)......
86
Libbey-Owens-Furd
Glass 434.
Teiophones (new)
3223 37.10
Market:-Quiet but steady.
Amer, & Foreign Power ...
21
Lockheed Aircraft
201
20
Tractions
22/-
Ameri & Foreign $7 pf....
141
Loew's Inc.
40
29 6
Tractions (pref.)
Merchant Rates
Sterling, 0/8-7/32′′
Dollars, $16.
Silver Duty Rate
Amer. Radiator
five Central Bank of China's Amer. Rolling Mill
rate on London at 10a.m. to-day Amper, S'ting and R'ing Co.
sladustrial
American Gas & Elec.
342
Martin, Glen L
331
+
Amer. Locomotive
17!
Monsanto Chemical
29
$14.
Caid., Macg, (Ord.) 8.
1
#IJ
Cald., Macg (Fref.) 8.
Amer. Metais Co.
29!
Montgomery Ward
46
41
Canton lo
118.
Cat. Dairy Products
141
:143
Nat. Distillers ..
251
391
National Gypsum
12
19
1/2-1/24.. unchanged from Amer. Sugar Ring
National Load
202
| $11
yesterday.
Amer. Tel & Tel.
1551.
Nat. Power & Light
71
The Equalisation rate was 4 per Amer. Tobacco "B" . cent
813
National Steel Corp.
831
$6.40
Amer. Waterworks
4.92
Nat, Supply Corpn. ....
#12
81
Anaconda Copper
241
New York Central
15
35
Atchison, T. & S. Fe.
281.
Niagara Hudson Power
61
India Rupee Paper
Bombay, April 5 (Reuter).
Govt. 31 per cent, Rupeo, 94-02-0.
New York Exchange
New York, April 5 (Reuter). T.T. on Londen (Opening Rate), 4.88-1/8.
Calcutta Exchange
Calcutta, April 6 (Reuter). TT. un Japan, 78-3/8.
Auburn Motors ...
N. American Aviation
151
$1.50 inceres
Baltimore & Ohlo
51
11
North American Co.
21
Barber Asphalt Co
•
131
Northern Pacific
В
Barnsdall On
141.
Pacific Gas & Elec.
293
Bendix Avlation
201
Pacific Lighting
44
Bethlehem Steci
601
Packard Motors
Bocing Airplane Co.
327
Paramount" Pletures"
Borg-Warner .......
231
Pennsylvania R.R.
181
Biggs M'acturing
201
Phelps-Dodge"
30
Vibra Piling man
13 3
100 cla
Brooklyn-M'hattan Trans.
*
Phillips Petroleum
35
8klyn-M'hattor $6 cum pr.
Public Service of N.J.
321
Canadian Pacific R'way.
4
Pullman Inc.
-281
Case. J.J.
73
Pure Ott
В
Celanese
164
Rádio Corpn. of Am.
Chesapeake & Ohio
32
Repubile Steel
161
Chrysler Corpn.
054
Reynold Tobac. "B"
38
Columbia Gas & El.
B1
Richfield 0
71
Columbia 6% "A" pí.
83),
Baleway Stores
322
LONDON GOLD
London, Apr 5 (Ruter). Bar Gold, Fine per oz, 1487.8.
Dollar Parity, 1/24, premium.
I
Commercial
47
Schenley Distillera
141
Commonwealth & 8. (ord}
I
Schenley, 54% pid.
71
C'wealth & B. 8% cum pf.
55
Segra Roebuck
661
£
Consolidated Edison
291
Shell Union Oli
121
Consolidated Ou
B1
Socory-Vacuum Ol
11
Continental Can
35
Southern Pacific
War Loan, 3% (Red
after 1952).
951
131
Continental Oll
24"
Southern Rly 35 pfd..
21
Canton-Kloon Rly. 5%
1898 (Erik, Issue)...............
ARGENTINE TRADE
Corn Products .....
594.
Sperry
38
Curtiss Wright - (C.).
51
8tandard Brandsdie
Chinese 44% Gold Loan 684
61.
Chinese 5% Gold Bonds,
The total value of Argentine Curtiss Wright “A” foreign trade for the first 10 Deere & Co.
Stand Clas & Elec. .....
27*
1925-87.
18
Standard Oll of California
201
Chin 44% Anglo-French
Exports for the 10 months were Eaton Mfg. Co.
or Elec, Autolite
28.3 per cent, compared with the Du Pont de Nemours ilko period in 1937.
months of 1938 amounted to 2,386,-Distillers Corpn., Seagrams 541,000 paper peson, a decline of Douglas Aircraft
173
Standard Oil of NJ.
454
Loan, 1908
621
Stone & Webster .....
101
Chinese 5% Crep Loan,
138
Swift Internationa)
261
1913........
Eagle Picher Lead
81
Technicolor
161
Chinese 6% Bearg, Loan,
19
Texas Corpo. .............
301
1913 (Lda. Is)
51+
valued at 1,157,124,000 pesos 43.1 per cent under those of the Elec, Bond & Share
k period in 1937.
1.281
Texes Gulf Bulphur
23
81
Trans-America Co
61
Elec. Bond & Share $5 pl.
20th Cent. FOX ...
20
Total imports reached 1,209-Elec. Bond & Share $6 pl. 641" 413,000 pesos as against 1:270,109,- Elec. Power & Light $7 pr. 000 pesos for the ke perlod or Flintkote
1937, a decline of 48 per cent.
The United Kingdoin was Argen-Gen American Trans. tina's best customer,
20th Cent. Fox. $14 pt.
*Loan
Union Carbide & Carbon
721
Honan Ely. 5%
21
Union Pacific ...
921
Food Machinery Corp,
231
United Aircraft
351
45
United Airlines Trans.
97
Chinese 5% Ster. Notes,
1925 (Vickers)
Chin. Imperial Rly. 5%
.18
Hukuang Rly.5%, 1911. 23
Hukaang Rly 5%, 1911
(German Issue)
Gen. Electric
35
United Corpn.
2
Gen. Motors
42
United Corpn. 33 cura pt. 341
Lung Trống & U. Bại Bly.
50%
Cen. Railway Signal
"181
United Gas Corpn.
21
Glidden Co.
18"
United Gas Improvement 11.
1
Goodrich (B.F.)
161.B. Rubber
371
DONT FORGET
THAT WHEN You are at Home can get the
you.
HONG KONG DAILY PRESS
SELFRIDGES.
Goodrich $6 pf. Goodyear Tire & Co.
Great Northern Iron Ore Great Northern Rly. pfa Great Western Bugar
Recker Products
581
UB. Rubber 38 pid.
951
281
UB., Steel
501
171
134
Vanadium
201
201
Warner Bros. Pict..........
5
J
251
Westinghouse Elec.
·917
Greyhound Corpa...
171
Woodward Iran Cor.
164
01
Chase National Bank
201***
(Brit, Stpd. Supi Loan) Tientsin-Pukow Riy. 6%
(Ger.. Stpd. Supl. Loan) 17 Jap/5% 8ver, Loan, 1907 371
171
Homestaks Mining
621 National City Bank
231*
Jap. 6% Ster. Loan, 1924, 431"
Industrial Rayon
20.
International Harvester
531*
bid.
tex. dlv.
DOW JONES AVERAGE
. 1939
1954: Apr. 6, 1933,
Ger. 7% Intl Loan, 1924 35 Chartered Bank
HK. & Shai Bank (Ldn.
"Reg.
HK & Shit Bank (C
·Reg.) o
85
High Dow Jones Avóraces, Apr. 4.
15185 120.90 30 Industrials
31.83 939 90 Rulle
2871
38.51 21.70
21.99
High Low Mo 19980131,18 123,44 137,34 27.13 28.5327 2253 21:58 24.38
Chung
,61 up
Chinese Eng. & Mining
(beazer)
Chosen Corporatior
35 up
Pekin Syndicate
92.29 F8 75 40. Ronds
A.75
201, op
49:12 4569 11: Commodity Index + 47.00
47.10 Banas Done: 880,900 shares
10 up
S'hai Plec.. Constr. Co.
ཨཱཉྩ, ཋ ཊྛོ ཙ ཧྨa ཟློ ་ྲསྶཨྰཿཀྰཨྰཿ་Ess
#133 Cementa
$3.50 Bop.................
iscellaneous
Dairy Farms AT KIN
$151 Dairy Farm Hts. Ch. E'tainsonats a Constructions
Constructions (naw}
Lane Crawfords
Nanyang Tobacco
Ch. G.5%, 19250 $Bde.
60%... Gort. 4% Loans
1.K Govt. 34% Loan
.K. Wang On
'l Wing On A
Marsinaus iur. (Lon.)
Marsmans lav. (H.K.)
Win, Powelly སྐས པ L *Halak to · Elsighas
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 confirmation
and no responsibility is assumed for errors in transmissions. --
Union Insurance
301* ''' མཛི ཝཱ ཉྙཱཝཾཝཾ Qula Kalumpong Rubber 18/9 18/0 Allied Ironfounders Asso. Elec. Industries 40/6
$1,30
813
$$$$,154.
91...
1918
$.40
(old)
:::
NEW YORK COTTON
The market once more opened very quiet, with price fluctuations extremely narrow. Later, trading was fairly active and values ad- vanced on an improvement in Wall Street. There was
the market. buying and offers were scarce, which further aided There is still no definite news froni Washington regarding the Ad- ministration's crop programme. At the close, the undertone wai firm, with prices reaching the highs forthe session...
NEW YORK RUBBER
Early in the day, prices staged a fairly substantial advance on a quiet market. This was in sympathy with the better tone on "Wall Street. The steadiness of the London market was also a helpful fac- tor. Prices continued to advance until the closing.
CHICAGO WHEAT
Prices declined on liquidation and lack of interest. Reports of beneficial rains and a lessening of the European tension were ad- verse. factors.
some fresh
:
3101
$1.0
18
$4
Previous close
$1.80
:୫ Dow Jones Industrial Avernges 66%
129.80
To-day's close
130.34 up
Change,
316
N. Y. Commodity Market
10 at
(By Courtesy of Mears. Swan, Culbertson & Frits and B. E. Levy & Company)
London, April 5.
?
New York Cotton, July New York Rubber, May New York Hides, June Chicago Wheat, May Chicago Corn, May Winnipeg Wheat, May
+
47 473 471 591
Frey. To-day's High Low Close Close Change
7.80 7.04 $4 up" 1.84 7.78
10 up 16.01 15.95 15.91 16.01 10.65 10.45 10.49 10.60 574 B77 671 671 471 60%
.11 up
unch
+ off
1501091
I off
NEW YORK COTTON
Close
Opening
Closing
Change
Austin Motors, örd....... 31/10 - Cable & Wireless, New ---
Form, ard.
+42
May July
8.00/01
8.01/01
8.04/04
-up
7.79/80
7.81/81
7.84/84
.04 up
B-A Tob. (bearer)
Cammell Laird, ord. .. Mexican Eagle Courtaulds Distillers
Dunlop Rubber
+
95/71
October
7.51/51
7.51/50.
7.53/63
.02 up
B
8/104
January March
7.45 N
7,48/48
7.48/48
03. up
7.51 N. 7.51/51
7.54/54
24/9
Bpot
8.75 N
..
2.79 N
104
90
NEW YORK RUBBER
26"
shal Roar Ply. 5% 281
Tientsin-Pukow Bly. 5%
(Brit. 8tpd.) Tientsin-Pukow Bly 5%
(German Btpd.). Tientsin-Pukow Rly. 5%
Imperial Chemical Ind. 29/6 Imperial Tobacco" pe 130/7 Marks & Sp'cer "A" ord." 58"
| Tate & Lyle an
December March
Gen. Electric (England) 77/6 Guinness (A) Son & Co. 100/0 Hawker Siddeley Aire.... 29/9 Bristol Aeroplane
May
15.90/91
15.98/95
16.01/01
September
15.94/94
15.97/97
16.03b/04
.10- up
10
15.93/93
15.95/95
10.03b/04a
il up
21/41
*****. 15.94" N
16.04 N
.10
To-day's Bales-1,200 tona.
CIUCAGO WHEAT
Rolls Royce
Leyland Motors
103/9
88/9
May
59/9
July
671/674 67/87
671/677
·671/871
671/871
681/67
Turner & Newall
76/10)
September... 08/084
671/671
United" Steal, ..................
23/4
Tuesday's Sales:-6,398,000 bushels.
Smethwick Drop Forg 15/0
Armstrong Stevens, ord.
7/6
CHICAGO COEN
Pressed Steel, com.
10/3
Vickers, ord.
May
478/473
471747)
472/47
21/3
Woolworths
59/104
Anglo-Dutch
July September
487/487
49/49
50/50
50/50
482/481 498/494
of!
24/3
Rub. Plant Invest. Trust Burma Corporation Commonwealth Mining 1/11
27/11
WINNIPEG WHEAT
8/3
May
60/601;
|60||/604- ·593/591-
Marsman Investments...
13/3
July.
601/601
611/61
6017801
Randfontein Estates
35
October
614/614
511/611
Western Holdings.
8/9.
NEW YORK HIDES: (New Contracts)
Bub-Nigel
218/9
Tanaini Gold Mining
3d.
June
Anglo-Iranian
83/9
September
Burmah
79/41
́NZ, Silver, Official
∙19,49/49
1083/85
42-3/4
10.58/60 10.85/58 10.90/86 10.06/97
૭.
42-3/4"
17/0
Shell Trans & Trad.
(bearer)
82/6
-Nominal
NY-London Cross Rate 4.68-3/16
"NEW YORK STRAITS TIN
488-1/8
whal Water
191
September
15.85- N
45.75b/48.20245.85 N