STOCKS
Last Sale
APRIL 14, 1939 STOCKS
Apr. 13
Adams Express
7
Int. Nickel-
Alleghany Steel Co.
16
Int. Tel & Tel
Allied Stores
74
Johns Manville
311
J. & Laughlin Steel $7 pid.
531
Kennecott Copper
8B1
Libbey-Owens-Ford
21
Lockheed Aircraft
14.
Loew's Inc..
36
Martin, Glen L.
17
Monsanto Chemical"
281
Montgomery Ward.
12
at. Dairy Products
Amer. Rolling Mill
137
Nat. Distilers
Amer. Sting and Ring Co.
391
National Gypsum
Amer. Bugar Ring.....
16
National Load
Amer. Tel & Tel
1521
Nat Power & Light
80
National Steel Corp.
9
Nat. Bupply Corpn.
221
New York Central
261
Niagara Hudson Power
34
N. American Aviation ......
5
North American Co.
13
Northern Pacific
131
Pacific Gas & Elec.
Bendix Aviation
192
Pacific Lighting
Bethlehem Steei
551
Packard Motors ...
Boeing Airplane Co.
211
Paramount Pictures
Borg-Warner
211
Pennsylvania R.R.
Biggs M'facturing
19
Phelps-Dodge
Brooklyn-M'hattan Trans.
102
Phillips "Petroleum
B'klyn-M'hattan $8 cum pt. Canadian Pacific R'way.... Case, JI. Celanese
38
Public Service of N.J.
31
Pillman Inc.
70
Pare. Of ......
161
Radio Corpn. of Am,
291
Republie...Steel
58
Reynold Tobar. “B”
Columbia Gas & El.
6
* Richfield Ol
Un Singapore:~~
On Japan:-
Spot
On demand
104 1/9
April
On India:
May
June
I
and demand
PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
·CLOSING QUOTATIONS (Shanghai Exchange
APRIL 14, 1929
On London:-
Telegraphic Transfer. 1/1 5/8
Bank Bills, on demand1/8 3/
Shanghai, April 14 (Reuter).
London
New York
Japan
Paris
巾
Hongkong
175 nom
Gredita & months' sight 1/2 13/14 -
On Shanghai:-
On demand
On demand..... 62 378
Telegraphic Transfer. 6 13,8
Open Market-Selling Rates Sterling
LONDON METALS
EXCHANGE
London, April 13 (Reuter).
COPPER
0/8-15/84 0/8-15/64 Official Price 14-1/18
STOCK EXCHANGE
Bayuan Balleru
Opening
0/8 15-5/8
buyers sellers
£ Standard, Cash' 43-1/18 Standard.
£ 42-3/18
$1350
$1365
58-7/8 5.48 63-3/8
3 months 43-7/16 Electrolytic ... 48
42-1/2
48-1/2
TIN
Standard, Cash 215-1/4 Standard.
216-1/2
Opening Closing
0/8-1/4
0/8-1/4
3 months 213
LEAD'
213-1/4
0728
Canton Insurances ...
3485
8487
0/8-1/4 0/8-1/4
Foreign,
I
FINANCE
HONGKONG SHARE QUOTATIONS
3: ::
4083
SHAREBROKERS' ASSOCIATION
FRIDAY 14... APR:
Banki
H., Banks...................
Do. (Col. Bag-}" ..- Do (Lon. Reg.) ... Chartered Banks ..... 287 Mercantile Bk. "A" Marcantile Bla, "0"
23
2213
$80
Bank of East Asia |N. C. & 8. Hanks
Insurances
Union Insurances Underwriters
Buyers Ballers
Bale Bomina
TUBR
$1350
£82
BBOT
£13
$30
$1
$825
#485
14-1/8
183 H.. Fires
$180
0/8-7/33 0/8-16/04 Foreign Oficial
+i
U.S. Dollars,
On New York:-
Spot
Bank Bills, on demand 28 1/ Credits, 60 days' sight 19
April
May
$16-1/16 $18-1/16 10-1/18 16-1/16
18
16-1/32
3 months 14-3/8 SPELTER
14-7/16
$70
Shipping
Dongisson
$68
i
$18
Steamboate
$11
$60
Indo-Chinas
(Prel.)
$50
Un Bataria :—
June
On demand... 63 D:6.
15-31/32 Market: Very quiet.
On Paris:-
"Bank Bills, on demand 1675
Credits 4 months' sight 117
On Saigon:-
Op demand
......... 101"1/4
Ordinary,
Official Price 13-5/16 15-31/32 Ordinary, Official
3 months 13-9/16 13-5/8
$34
13-3/8
81/3
Indo Chinas (Del.)... Bhells
$90
81/3
Merchant Rates
Sterling, 0/8-7/32.
On Manila:-
On demand
On Bangkok -
On demand
37 1/4
......... 153
Sterling Notes:-
Bank Buying Rate... 1/2 13/1
"Bar Silver per os.
Market Report
FROM ROZA BROS.
20
Dollars, $18.
Silver Duty Rate
The Central Bank of China's rate on London at 10 am, to-day
from was 1/2-1/2d, unchanged
yesterday.
The Equalisation rate was 5 per cent
India Rupee Paper
Bombay. April 13 (Reuter),
Govt, 3% Rupee, 93-12-0.
i
but the New York Exchange
to
The price for Ready Silver was unchanged yesterday Forward rate dropped 1/16
Silver advices reported 19.3/4. speculators as having sold to a small extent. The market steady. The market closed firm with India and America as buyers
at
rate. the quoted Silver was quoted at
Spot.
The London/New
ratu
WILS
American
42 3/4 for
York cross-
New
was quoted Rt 468.06. York/London was quoted at 488.
1/18.
Steady.
Market
Sterling
Opened with sellers at 1/211/16 resulting in business at 1/223/32 for various deliveries. The mar 'ket closed at 1 pm. with small sellers at 1/2.23/32 Cash, 1/2.11/16 May/August, probably September buyers at 1/2.3/4 Cash/June and 1/2.23/32uly/September.
US Dollars
was done during the Business course of the morning at 28 5/8
י,
New York. April 13 (Reuter). TT. on London (Opening Rate). 4.68/18.
Tin, Standard, 3 months £213- 1/4 value.
LONDON GOLD
London, April 13 (Reuter). Bar Gold, Fins per oz., 148/6. Dollar Parity.
BROKERS' LOANS
New York Apr. 6 (Reuter). Loan on securities to brokers in New York:-
$33
Week-ended
Week-ended
13/4/39
34.10 $4.35
$541,000,000
30/3/30
$611,000,000
NEW YORK STOCK EXCHANGE
Allis Chalmers Amerada Corps, Amer. Can
Amer. & Foreign Power Amert & Foreign #7 pt.... American Gas & Elec.
Amer. Locomotive Amer. Metals Co. Amer. Radiator
for early May and. 28 11/16 for Amer. Tobacco "B" April delivery. The market closed Amer. Waterworks at 1 pm. with probable sellers at Anaconda Copper 28 11/16 for cash, 28 5/8 AprilAtchison, T. & 8. Fe.
Auburn Motors... first half May. 28 9/16 June, 28
1/2 July and 28 7/16 August, Baltimore & Ohio buyers at 28 3/4 for cash, 28 11/18 Barber Asphalt Co Arst, half May. 28 5/8 first half Barnsdall Of ...
June. 23 9/16 July and
28 1/2
August. Business was also done
at 28 1/2 for August delivery.
Shanghai Dollara
Sellers at 178 1/4.. |
Shanghal Market Sterling, sellers at 8.15/64 for
Spot. buyers at 8.1/4. U8, Dol-
lars, sellers at 16.1/32. buyers at Chesapeake & Ohlo
18 1/16 for Spot.
Chrysler Corps.
QUOTATION
Final Afternoon Transactions Tin. Standard, Cash, £215-3/4 value.
$104
***
Providacte (saw)
W. Dockt...
Roubs
[ex.div.) $8.40 į Viglarboata
Godowns, etc.
H.K. & K. Wharvos 1460-Providenta
$16 H.K.
Do. (new)
$101 Shanghai Docks 8.
16.70 New Engineerings"
17/6 Kailana
$3
Mining
Vaserusia Gold Fide
tta. Hong Kong Mines...
Lands, Hotels and Buildings
15.30 H.E. Hotels........
$331/ 32... H.K. Lands .........6.
$104 Do. 4% Debentures #9 60 Shanghai Landa
¡H.K. Realtion
98.65 Humphrey1 .......... $109 Chinese Estates.......
Cotton Mills
$80 Ew (6.).
#106' 8'hal Cotions (8.) $30 Zoung Sings (8.)
Wing On Tartiles (8.) Pablle Utilities
$9
Docks, Wharves,
SPOT
JULY-SEPT:
$105
316
#101
17/8
583
$6.30
$34
$104
B.
19
$40
#!
$20
$107
8 POT
1991
JULY-SEPT.
148
OUT.-DEC.
SATURDAY, APRIL 15, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY “MARKET
OCT.-DEC.
REVIEW
(FROM PAYNE & CO.)
New York, April 13 1939.
April 13 buyers "sellers 28-7/8 27-1/6 G 1/8
change
SINGAPORE BUBBER
April 12 buyers sellers
27
27-1/4- 27-1/8 37-3/8 77-1/8 27-3/8 anch. 27-1/4 27-1/2 27-1/4 27-11
The market opened 1/8 of a cent lower for all deliveries as compared with Wednesday's closing rates.
Throughout the session the market ruled quiet and inactive, De- mand for "spot" Rubber by consuming centres was poor, whilst trade and speculative interest was at a low ebb.
The European political tension still is dominating the market. the moment causing operators to maintain side-line positions at pending further clarification of the situation.
During the last trading hour, however, the market became steadier on some trade buying and short-covering. prices advancing by 1/8 cent for all deliveries.
Closing tone was steady.
LONDON, RUBBER
buyers sellers buyers sellera
Previous clase
To-day's close
7-15/16 8
7-15/18 8
..change "unch.
8
8-1/8.
8-3/18 8-1/18
up 1/18
8-1/16
816.10
Tramways
$18.
$8
Peak Trams (old) ...
Peak Trams (DOW) ---
$4
307
Star Ferries
165
Last Sale
$25
Y'mati Ferries (0)
1241
Apr. 13
924
Do. (new)
$13
28.35 Chin
451
15.15
18.10
China Lights (New)
7
71
$51
38
$17
***
31+
Glass
411
#7
Lights (0)
China Lighta Rta.. H.K. Electrics........ Macao. Electrics
Sandakan Lighta..... Telephoum (ald) ........... Telephones (new)
JAWI
$7.90
18
.85
$5.10.
304
281
22/0 Tractions
29/
..... 38
93/6
33
Traction (pr.) Industrials
+
94
$14.
Cald., Macg. (Ord.) 8.-
451
$13
Cald., Macg. (Fref.) 8.
· 95 ch.
134
Cantón Icos
#13) Comenta
243
10#
201
$211
614
$6.40
$3.60 Ropen
Aliscellaneous
$154 Dairy Fana Rts.
Constructions
137
61
14
201
81
301
14
31
171
32
! ! ! !
4/10
13/3
81.30 #lat $3.50
Dairy Farms Ex. Hts:
$21.60
$15
Ch. E'tainmente
85.45
911
(old)
#11
Constructions (now)
38
|Lace Crawfords,
$$
Nanyang Tobacco
$1.80 18incare
$1.80
$72 Wataona
"071.
64.
Ch. G.5% 19250 $Bds.
B4%
4pm. L. Gort. 4% Loan
8104
Dow Jones Industrial Averages
par. H.K. Gort, 31% Loma $42 H.K. Wing On
9100
$16
d'hal Wing On
38.30 Vibra Piling
Maramans Inv. (LOR)
Maramane Iny. (H.K.)
90-ets Wm. Powell
JAN-MARCH
8-3/16 8-3/16 8-1/4
up 1/8 8-1/8 8-1/4 8-3/16 B-5/18 up 1/16
There was some trade buying and short-covering. Market steady.
NEW YORK COTTON
There was a better tone in the market at the opening, and prices, were slightly higher than the closing of the previous day. On the whole changes were very narrow, and the market was dull, owing to the uncertainties surrounding the export subsidy and barter plans. However, there was less pressure in evidence, and the closing prices remained at almost the highest recorded during the day.
NEW YORK RUBBER
There was a better sentiment due to the slight improvement in the European situation. The steadiness of the London market was also a bolstering factor. On account of these, there was some new the buying and short covering. Prices were distinctly higher at opening than the previous day's closing, but they eased off somewhat during the day, and closed slightly higher than yesterday.
CHICAGO WHEAT
The market was featureless. The European situation offset the bearish crop news. Prices were slightly higher than the previous day.
+
Previous close
To-day's
close
Change
128.15
127.51
up
1,38
18
881
10 cts
N. Y. Commodity Market
341
331
261
74
*Bales to Shanghai
LONDON STOCK EXCHANGE
(By Courtesy of Messra. Swan, Culbertson & Frits and S. E. Levy & Company)"
Prev. To-day'
151
37
High Low
71
Afternoon Market
Columbia 6% "A" pf. Commercial
81
Manhattan Shirt Co.
(RKUTER'S SERVICE)
London, April 13.
New York Cotton, July
1.75 7.68
10)
423
McKesson, Robbins
market was quiet in the
1
were reserved.
Spot, 204.
52-12
53-10.
'52-08:
The afternoon.
Sterling
No business was reported finish-Consolidated Oll Ing with sellers at 1/2.23/32 Continental Can April/May and 1/2.11/16 June/ Continental Of Beptember, buyers at 1/2.3/4 Cash/Com Products August and probably 1/2.23/32 Curtiss Wright (C) September.
Curtiss Wright "A" U.S. Dollars
..Deere & Co.
The market closed with sellers Distillers Corpn. Beagrams · 183 at 28 11/16 April, 28 5/8 May, 28 Douglas Aircraft *.... 9/16 June, 28 1/2 July and 28 7/16 Du Pont de NemourS August, buyers at 1/16 higher Eagle Picher Lead respectively.
♫
Shanghai Dollars
Bellers at 178 1/4,
Calcutta Exchange
· Calcutta. April 13 (Reuter T.T. on Japan, 78-1/2,
SILVER MARKET
LONDON EILVER
London, April 13 (Reuter).
Silver-Little demand Small
Eaton Mfg. Co.
Goodrich (B.F.).
speculative "forward sales. Mar Goodrich $5 pl.
ket quietly steady. In the after-Goodyear Tire & Co. noon, the market was quietly arm, Great Northern Iron Ore
with India and the American trade Great Northern Ely. pfd. buyers at the fixed rate, but sellers
Forward, 19-3/4d.
NEW YORK SILVER
New York, April 13 (Reuter).
Official Price, 42-3/4. "
BOMBAY SILVER"
Bombay, April 13 (Router), Market Quiet, but steady,;
Offtake. 50 bars Radian Mint Suivez Ready May 13 Battlement June 15 Bettlement
Great Western Bugar
Greyhound Corpn.
Hecker Products
Industrial Rayon
10
Commonwealth & 8. (ord.)
14
Safeway Stores
32+
C'wealth & B, 6%, cum pf. Consolidated Edison
537
Schenley Diglets
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 Rubber, May
15.89
15.80
Close Close Change
• 7.67 15.75 15.82
7,70 03 up
of up
13
New York Hides, June Chicago Wheat, May Chicago
10,00
9.70 9.85
9.70 15, off
691
88%
687
691
+ up
291
Schenley, 5% p{d`
£
Bears Roebuck .................
851.
341
Shell Union Oil ...........
12
War Loan, 31% (Rød.
after 1952)
947
234
Socony-Vacuum of
111
Canton-Xloon Ely. 5%
Union Insurance 301* Gula Kalumpong Rubber 16/104 Allied Ironfounders...... 18
Com, May Wnnipeg Wheat, May
48
471
471
unch.
61
BOX?
60%
60%
up
NEW YORK COTTON
501
Southern Pacifie
121
1898 (Bilt. Issue)
101
51
Southern Rly $5 pfd.
181
Chinese 41% Gold Loan
87.
22
Sperry
401
17
Standard Brands
61
Chinese 5% Gold Bonds,
1925-47
641
Stand Gas & Elec.
..21
613
Standard Oil of California
261
137
Standard Oll of NJ.
451
- 81
Etone & Webster
01
1912
17
Swift International
27
Chin 4% Anglo-French'
Loan, 1908
Chinese 5%. Crisp Loan.
Chinese 5% Reorg, Loan,
37
Elec. Autolite
261
Technicolor
183
1013 Cdn. Is)
Elec. Bond & Share... Elec. Band & Share $5 pt.
8
Texas Corpa, ......
381
Chinese 5% Ster. Notes,
Texes Gulf Sulphur
28
1925 (Vickers)
Elec. Bond & Share $6 p.
62).
Trans-America Co,
6
Chin. Imperial Riy. 5%
Elec. Power & Light #7 p. |rintkote ...ANH MỤC
242
20th Cent, fox.
18*
Loan ....
187
20th Cent, Fox. $1 pf.
294
Honan Rly. $%
Food Machinery Corp.
211*
Union Carbide & Carbon ...
711
Gen. American Trans.
43
Union Pacific
88
Gen. Electric
344
United Aircraft"
351
Gen. Motors .....
40
United Airlines Trans.
81
Geo. Railway Signal
10%
United Corpn.
21
0%
Olidden Co.......
Io
United Corpn. $3. cum pt.
314
16-
United Gas Corpn....................
דיי
17.4
United Gas Improvement
· 114
237
US. Rubber
341
13
UB. Rubber 38 pfd.
93
187
US. Steel.
461
Vanadium
183
164
Warner Bros. Pict
(Brit. Styd: Supi. Loan) 171 Tientsin-Pukow Rly. 5%
47
9
Westinghouse Hec.
(Ger. Btpd. Sup} Loan) 17
89
Homjestake Mining, -.
BIL
Woodward Iron Cor.
Jap. 5% Bler. Loan, 1907 351
161
202
Jap. 8% Bter, Loan, 1824 42
International Harvester
531
Chase National Bank National City' Bank
30
Ger. 7% Intl. Loan, 1924 334
231*
Chartered Bank ......
71.
*—bid. tex. div.
DOW JONES AVERAGE"
1039
Apr. 14, 1833.
HighLow Dow Jones Averages, Apr. 19. High Low Clos
18085 181.44 30 Industriala
136.15
34,339414-50 Rafte
25.25
26C 1071 10. Turt
93.23 6
87.06 40 Handy
€2,12 45.50 11 Commodity Index 46.87
21.91 87/12
Barinas Done: --860,000
Chants 139,33 126,29 137.51 1.28 up 23.85 26.21 26,45. ab up 22.00 - 21.88792.314) up 87,92; 40 sp Mfr Dali 08. up
H.K. & 8'hai Bank (Lán
Reg.)
HK. & Shal Bank (Col.
Reg.)
Chinese Eng. & Mining
(bearer).
Chosen Corporation Fakin Syndicate De Shit eo chut ga Bhai Waterworks
26 3 5 2 0 2 C E E E Eale 7 3
Asso. & Elec. Industries 37/6 Austin Motors, ord.
Close
Opening
Closing
Change
30/3
May
7.93/94
7.16/96
7.98/96
.02 ap
Cable & Wireless, New
July
7.67/67
7.69/68
7.70/70
.03 up
Form, ord.com.
411
October
7.38/38
7.39/39***
7.42/42
,0% up
B.-A. Tob. (bearer)
93/9
December
7.34/34
7.34/34.
1:38/38
.04
Cammell Laird, ord...
7/9
January
7.33 N
7.35/35
7.38/38
.05
Mexican Eagle
6/9
March
738 N
7.40/40
**7.41/41
.03
Courtaulds..
24
Bpot
8.63. N'
8.86 N
up
Distillers
Dunlop Rubber
83/0 25
NEW YORK EUBBER,
--
171
Hukuang Rly, 5%, 1911. 221.
Hukuang Rly. 5%, 1911
(Cherman Issue)
Lung Thing & U. Hai Bly.
S'hai-N'king Bly, 5% 251 Tientsin-Pukow Rly. 5%
(Brit. Btpd.) Tientsin-Pakow Rly. 5%
(German Stpd.) Tientsin-Pakow Bly, 5%
17
Gen Electric (England) 76/6 Guinness (A) Bon & Co. 100 Hawker Siddeley Aird 29/3 Bristol Aeroplane ..... 20/9: Imperial Chemical Ind. 28/3 Imperial Tobacco
· 128/3 Marks & Sp'cer "A" ord. "56/41 Rolls Royce
May September December March
15.73/75 15.88/89.
15.82/82
,07 up
15.70b/78a-15.85/85
15.85/88
.08 up
15.78b/82a 15,79 N-
15.88b/90a
15.86 B
04 up
15.87 N
.08 up
To-day's Bales:-1,200 tons;
CHICAGO WHEAT
Leyland Motors.
Tate & Lyle .......
Turner & Newall United Steel
102/6
86/104 58/11 75 23/3
May July September
691/681
687/69
601/091
68/621
681/68€
681/081
63+/68+
681/681
Wednesday's Bales:-5,559,000 bushels.
Armstrong Stevens,~örd. -7/6. Pressed Steel, com, Vickers, ord.
Smethwick Drop Forg.... 15/9
: 20/7+ Woolworths monisem „58/41 Anglo-Dutch
23/6
'CHICAGO COEN
10
May July September
477/477
48/471 412/473,
unch.
491/491
404/400
504/801 500/500
491/491 504/501
Rub. Plant. Invest. Trust 25 Burma Corporation .....
8/11 Commonwealth' Mining.... 1 Maraman Investments... 13/3- Randfontein Estates..T Western Holdings
Sub-Nigel
35 8/3 212/6
May July October
WINNIPEG WHEAT
604/601 602/61 611/811617/617
601/601
up
611/011
623/821:
627/62
NEW YORK HIDES: (New Contracts)
821
77/6
Shell Trana, & Trad.
((baarer) -
Cal Nominal.
Tanami Gold Mining...... 3d Anglo-Iranian 18/9 Burmah
June
September
01/3
**** 10.23/23
42-3/4 NY: Silver, Official NY-London Cross Rate 4.88-1/16
September
NEW YORK-STRAITS TIN.
45,66b/43.20% 45.90 | N
9.85/85
-9.86/80
9:70/70
10.21/22
10.05/08
4-3/4
4.68-1/10.
45.70 N