Indian Mint Silver
On Japan:----
On demand
www.
On India:-
165: 1/2
On Batavia
Telegraphic Tronster.
and demand. 182 5/8
On New York:----
Bank Bils, on demand 28 13/18 India Rupee Paper Credits, 60 days' sight x9. 5/16
Ready June 15 Settlement July 12 Settlement
52-11 52-11 ...... 52-10
Foreign.
omcial Price 14-5/8 Foreign Oficial
14-11/16
3 months 14-7/8′
SPELTER
14-15/18
$100 *34.70
#18
Ordinary.
Omcial Price 14-1/8
On demand
.....53 5/8
Bombay, June 3. (Reuter), Govt. 34% Rupee, 96-15-0. 20
Ordinary, Official
On Paris:-
يس
I
Bank Bills, on demand 1987
Credits 4 months' sight 1128
11.
New York Exchange
3 months 14-3/8 Final Afternoon Transactions Tin. Standard Cash, £227 sel-
14-3/16
14-7/16
Un Saigon
On demand ................................... 108"1/2
On Manila:-
New York, June 3 (Reuter). T.T. on London (Opening Raté). 4.88-3/B.
Iers.
Tin, Standard, 3 months, 2324- 3/4 sellers,
$8.85
On demand
57 7/8
$361
On Bangkok:-
FAGE 12-HUNGKONG DAILY. PRESS
Finance
MONEY AND
EXCHANGE
and Commerce
SILVER MARKET
LONDON SILY RE
London, June 3 (Reuter), Silver-Small support Little general selling. Indian trade CLOSING QUOTATIONS bought on the decline.
A
June 3, 1939
On London:—
Telegraphic Transfer: 1/2 26/32 Bank Bills, on demand1/2 93/32 Credits 4 months' sight 1/3 1/32
On Shanghai:---
On demand D
On Bingapore:-
On demand
* 59 7/8.
steady.
נו
Spot. 19-15/16d. Forward, 19-3/4.
NEW YORK SILVER New York, June 3 (Reuter). Omcial Price," "unquoted.'
LONDON METALS
EXCHANGE
London, June 2 (Reuter).
COPPER
Market
buyers
£.
sellers
Standard Cash 42-3/8 Standard.
42-1/2
3 Months 42-3/4 48-3/8 Electrolytic
TIN
Standard, Cash 227 Standard.
42-13/16 3437+ 48-3/4 $1.40
$180
H.E. Fir
| Shipping
11
227-1/4
$87
longisans
$15
Stawmbosta
$60
Indo-China
(Prof.)
$30
Indo-Chinha (Del.)...
87/6
Shells...
BOMBAY SILVER Bombay, June 3 (Reuter), Market-Steady. Oftake 40 bars
3 months 224-1/2 224-3/4
LEAD
STOCK EXCHANGE
· SHARFAROKERÝ BESOCIATION
Buyers Ballers Bald's Nominal
S TUR A 3. JUNE.
Bayern Baliszu | Komina
.”
$1400 $1495! $1420)
ET
Banks
Do. (Col. Bag.)
Do. (Loo. Reg.)
Chartered Banks
UK. Bankarspe
Z
Mercantile B,
£13
Mercentile B "0"
$80
Bank of East Asia
N. C. & 8. Banks ...
150 sta
gium.
#1495. £36
£13 $30
COMMODITY
Insurances
#930 Canton Insurnaces ...
Union Inengañol ...
Underwriters
$925
$1.35
$445
MONDAY, JUNE 5, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
MARKET REVIEW
(FROM PAYNE & CO.)
$150
1034
1:
16
$20 87/8
****
$8.40 Waterboata
Docks, WharvesĮ
"Godowns, etc.
H.K. & K. Wharves Providenta
Providente (new)
H‚E. & W. Docks.. Do. (B) Ás
$107 Shanghal Docks 8. 17.70 Now "Engineerings 8.
Mining
21/0 Keilanı
Venezuela Gold Fids
Acta Hong Kong Wines ... Lands, Hotels and
Buildings
H.K. Hotels......
$100 Do. 4% Debentures
SPOT
#110
JULY-SEPT.
#477]
OCT-DEC.
$18
$18.50
$108 87.96
; ܐ ܃ ܊܂
31/0
351
K
The market opened with prices unchanged for all deliveries as compared with.Friday's closing rates.
In accordance with conditions prevailing in Löndon and New 'York the market was dull and featureless throughout the session.
The sharp decline in "Motor-c ar production in USA, which is Attributable to the Automobile strike and the Waltsun Holiday, coupled with the uncertainty still surrounding the international political altuation tended to restrain/activity. Pending clarification of these adverse conditions it is not expected that the market will move into higher grounds., "It would, therefore, seem to be advisable to pursue a policy of slow secum ulation on further recessions,"
FINANCE
HONGKONG SHARE QUOTATIONS
$110
«New York, Jing 3, 1938.
SINGAPORE RUBBER
June 2.
buyers. sellers
June 3
buyers sellers
change
28-3/4
29. cts
28-5/8 28-7/8
off 1/8
29 cta
29-1/4
28-7/8 20-1/8
17
29-1/8
29-3/8
28-7/8 29-1/8 of 1/4
$5.70
†H.K. Landa .....B. | #35†
On demand
150 3/8
$9.15 Shangha
Lands B
Sterling Notes:—
341
Bank Buying Rate
31/32
Bar Silver per oa.
$0
NEW YORK STOCK EXCHANGE
$8.15
H.K. Realtick Humphreys
$4.60
$9.10
$100 Chinese Estates
Cotton Mills
918
Evo (5)
Market Report
FROM ROZA BRUS
Silver prices rose 1/16 yesterday
for both deliveries, the quotations
being 20 for Ready and 19 13/16
for Forward. Silver antites report Adams Express ed India and Speculators as having bought to a small extent. The market was quiet and idle. Ameri. cân Silver was quoted at:42 3/4 for Spot
The London, New York cross-rate was quoted at 468.57. New York London was quoted åť 468,378.
Markdt
Steady but dull.
Sterling
Alleghany Steel Co Allied Stores Allis Chalmers Amerada" Corps.
Amer. Locomotive
No business was reported. There Amer. Rolling Mill....... were sellers at 1/2. 29/32 June Amer, S'ting and R'ing Co. Steptember, probably. October, and Amer. Bugar Hing 1/2 7/8 November/December, buy-j Amer. Tel & Tel. ers at 1/2. 15/16 Cash/October and Amer. Tobacco "B". probably 1/2 29/32 October/Amer, Waterwort November.
U.S. Dullars
Business was done early in the morning at 29 1/8 for Cash, 29 1/8 June and 29 1/16 for August. The market closed with sellers at 29 1/16 June/July, 29 August, probably September, and 28 15/16 October. buyers at 29 1/8 June, 29 1/16 Arst
halt September and 29 October.
Shanghai Dollars'.
Anaconda Copper Atchison, T. & 8. Fe. Auburn Motors ... Baltimore & Ohio Barber Asphalt Co Barnsdall Olt, ........... Bendix Aviation Bethlehem Steel
Bliss & Co.
Sellers at 180 13/18, buyers at Brooklyn-M'hattan Trans. 180 15/16
Shanghai Market
Sterling, . 8.1/4 sellers for 'Spot | Case, J.L and US Dollars 18.3/32 sellers for Celanese cash,
Shanghai Exchange
London, June 3 (Reuter),
❤8109
B'bed Cottons (8.)...
QUOTATION
$30
Zoong Blags (8.)
$18.80 $113 $42
$40
Wing On Textiles (8.)
SPOT OCT.DEC. JAN.-MARCH
LONDON RUBBEZ
Previous close To-day's close
buyers sellers "buyers
sellers
Change
8-1/4" 8-3/8
8-7/16 8-1/2 +1 CLOBED
Public Utilities
8-1/2 8-9/16
STOCKS
Last Bala
JUNE 4, 1939 STOCKS
$16.80
$18.80/FU
June 3
Last Sale June 3
72
Ent. Tel & Tel
71
$601
∙177
Johns Manville
.75
9
J. & Laughin Steel st pid. 146*
*
18.55
351
Kemecott Cobpèr
329-
Libbey-Owens-Ford
Glass
47.
#
Amer. Can......
94
Lockheed Aircraft":
28
$554
Amer. & Foreign Power ...
24
Loew's. Inc.
444
Ameri & Foreign §7 pí...
101
Manhattan "Shirt Co.
818
$12
824
American Gas & Elec.
341*
Martin, Glen L
347
∙181*
McKesson, Robbins
137*
20/0
Amer. Metals Co.
30)
Monsanto Chemical
971
29/0
ex.div $740 Posk Trazus (old) ... div. $3.70 Peak Trama (new)
Star Farris
Da. (D)
Chins Light (0)
$5.55 China Lights (New)
China Lights Rts.
H.K. Electric
Macao Electrice .....
Sandakan Lights....
Telephones (old)
37.65 Talsphorias (new) ....
Tractions évén
Tractions (pref.)
Tramways
$16.60
$16.70 I.D.
17.40 X.D. $3.70
Market closed.
A
#681
$22,70 Y'mati
Ferries
#12 #151
$8.60 £8
$552
866
NEW YORK COTTON
To-day's market displayed on initial buoyancy, and prices ad- vanced on short-covering and good speculative buying. Throughout the day, trading was active, and the bright mood of the market was well sustained. Steadiness of "spots" was an outstanding, fea- ture. Large cloth sales during the week had some bolstering effect with prospects of further sales."...
$7.70 29/
NEW YORK RUBBER
Market closed.
MI
Amer. Radiator 2.
121
Montgomery Ward
51
Industrials
14
Kat Detry Products
18
417
Nat. Distifert
914 $18
| Caid., Macg, (Ord.) 8.
261
| Cald., Kacg. (Fret.) 8.
$1
***
Canton Ic
National Gypsum
313.40 $13.901
Coments
$131
1641
National Load
201
85
Nat. Power & Light
$3.70 Ropes
MiscellaneoUE-
$3.70
94
National Steet Corp,
64
FL
25
Nat. Supply Corpn.
$21.95 $20.90
Dairy Farm (Old)
· CHICAGO, WHEAT
Opening prices were marked down on the weakness of the Win- nipeg market, while reports of further precipitation also influenced a downward adjustment. On the whole, whether considerations.. were the main dominating factor.
Dairy Farm (New)
J
291
New York Central
151
*
$6.80 Ch. 'inments mans.
$0.90
#1.40 Constructions (old)
$1.40
Niagara Hudson Power
61
Constructions (DOW)
New York Stocks
To-day's Previous close
close Change .136.74
137.12
up 38
51
N. American Aviation ......
157
Crawfords
$7,30
137
North American Co. ...............
22
ang Tobacco
34
141
Northern Pacific
9
$1.80 Hindares
$1.80
23
Pacific Gas & Elec.
38.40 $8.50 $8.35/40-
Watsons
$8.38
301
82"/.
Ch. G.5% 1925G Bds.
584
THE
Facife "Lighting
મઠ
42pm
| H.K. Govt. 4% Loans
0104
105
Packard Motors
·36
par.
1.pm
H.K. Govt. 31% Loan
$100
Boeing Airplane' Co... Borg-Warner
23
Paramount Pictures
91
MAL
H.K. Wing On
841
24
Pennsylvania R.R.
184
Biggs M'facturing
211
Phelps-Dodge
334
11} *.
Phillips Petroleum
35
B'klyn-M'hattan $8 cum pf. Canadian Pacific R'way.
Public Service of NJ.
37.
41
Pullman Inc. "
263
Pure Of
74
181
Radio Corpn. of Am,
7.62
41
Chesapeake & Oblo
33 +
Republle Steel'
167
LONDON
Chrysler Corpn.
691
Reynold Tebac.
'hal Wing O
#8 Vibro Piling
16/3
Maramana Iny. (Lon.)
4/94 Marsmans Inv. (H.K.)
76 cta. Wm. Powells
*Sale* to` Shanghai
STOCK EXCHANGE
75 cta.
372
Columbia Gas & El.
Richfeld Oil
Columbia 6% “A” på.
89
Safeway Stores
427
(REUTER'S SERVICE)
Commercial
47
Schenley Distillers ..
14.
Opening
Commonwealth & 8. (ord.)
11
Schenley. 54% pfd.
•
London
New York
Japan
Paris
0/8
C'wealth & 8. 8% cum pl
591
Sears Roebuck
751
15-5/8
Consolidated Edison
31
Seversky Aircraft
31
58-7/8
Consolidated Oil
7
Shell Union Oll
124
The following quotatioim ste the middle prices" at the ziome of the market in London. All quotations are subject to confirms- tion and no responsibility is assumed for errors in transmission.
| Chicago Wheat, July
Chicago Coin, July
Winnipeg Whéât, July New York Hides, September
New York Cotton, July
New York Rubber, Jálý,
777
771 771 771
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and 8. E. Levy. 2. Company)
High Low
Prev: To-ddy's"
Close Close Change
8.05 8.97 8.97
16.39 closed
London, June 2.
11.25
.
511 509 51 514 1 of 641 631 641) 64
11,25 11.18
11.20 .05 or
NEW YORK COTTON
יי די
£
5.48 53-3/6
Continental Can
371*
Socony-Vacuum Oll
12
4
Sterling
Opening
Closing
Deere & Co.
Juse
July August
0-8-11/64 0/8-11/84
U.S. Dollar
Spot
$16-3/32 $18-3/32
June
June
16
August
Hongkong
Open Market-Stiling “Rates
Spai ............ 0/6-1/4 0/8-1/4
0/8-15/64 0/3-15/64 Distillers Corpn. Seagrams 18 0/8-13/64 0/8-1364 Douglas Aircraft.....
Eagle Picher Lead
Eaton Mig Co. Elec. Autolite
16-1/32 16-1/32 Elec. Bond & Share
16 15-29/32 15-29/32
Market: Quiet but steady....
Merchant Rates
Sterling, 0/8-7/32.
Dollars $18.
SILVER DUTY RATE
The Central Bank of China's Gen. Motors rate on London at 10 am-to-day Gen, Railway Signal was 1/2-1/2d, unchanged from Gudden Co. yesterday.....in
The Equalisation rate was 5 per Goodzien 35 pt. cerit.
Calcutta Exchange
Calcutta, June 3 (Reuter),
on Japan, 75-3/4.
London Exchange
London, June (BWS) Closing mean' rates. Paris, 176-47/64.0 New York, 488-3/5/ Montreal, 4.691. Brucisels, 27.500. Geneva, 20.721. Amsterdam, 8.77 Milan, 89
Berlin. 11.07.
Buenos Aires, 20.24
Other rates were unchanged
92.22 87.06 40 Bonda")
$1,09 45.59 11 Commorlity Inden 588fg
Continental Oll
24
Southern Pacific
13
War Loan, 31% (Red
Corri Products
62.
Southern Rly $5 pfd, .........
217
after 1952)
954
Curtiss Wright, (C.)
SE
Sperry
427
Canton-Kloon Rly.
זי
1898 (Brit. Issue)...
Curtiss Wright, "A"
261
Standard Brands
in.........
61
20%
Chinese 41% Gold Loan
65
Stand Gas & Elec. ................
3
Standard Oll of California.
Chinese 5% Gold Bonds,
201
69
Standard Of of NJ.
431
Du Pont de Nemours
1461
Stone & Webster
11
Chin, 41% Anglo-French
1925-47.......... 62
Loan, 1908.................
37
g
Swift International
Chinese 5% Crisp Loan,
22.
Technicolor
181*
1912
35
281.
Texas Corpn.
39+
BI
Chinese 5% Reorg. Loan,
Texes Gulf Sulphur
23
1913 (Lin, Is.)
50
Elec. Bond & Share $5 pf. Elec. Bond & Bhare $8 pí.
| Trans-America Co.
8
644*
20th Cent. For
21
Elec. Power & Light $7 pf. Flintkote
271
20th Cent. Foz, $1† pt.
207*
Union Carbide & Carbon ..
77
Food Machinery Corp.
271
Union Pacific
94)
Gen. American Trans. Gen-Electric
47 *
United Aireräft
371
351
United Airlines Trans
101
441
United Corpn. J.
21
171
United Corpn. $3 cum pt..
United Gas Corpn...
2.
Goodrich (B.F)
171
United Gas Improvem
127
VS. Rubber
418
Goodyear Tire & Co.
271
UB. Rubber $a pfd.
110
Great Northern Iron Ore ..
15
US Steel...
487
Great Northern Riy, pfd.
217
Vanadium....
201
Great Western Sugar
26
Warner Bros. Pict.
5
Greyhound Corpn.
181
Westinghouse Hec.
90
Hecker Products
Woodward, Iron Cor.
17+
Homestake Mining
-63
Chase National Bank
33
Industrial Rayong
20.
National City Bank
251
International Harvester
60
Ent. Nickel AJAN
491
bid.
1-ex diy
34.33 24.14.20” Balls
28.53 20.71 20 Utilities
38 up
1$ 98.00 £801- 87,912794+ "\08 of 23.4723,65 23.43 23.6106
→
Burinou Done: 180,000 shares
£90%=20'69 ·
DOW JONES AVERAGI
High-Low Dow Jones Avaragon, Jone X, Hig
184.85 121.44 30 Industrials
June 4, 1939; High Low Clase Change 138.74 137.41 135.88 187.11
Huluang Riy: 5%, 1911: 214
Hukuang Rly.5% 1911
Lung Tsing & U, Hai Rly.
5.
B'hal-N'king Rig. 5% Tientsin-Pukow Rly. 5%
(Brit Stpd)
Tientsin-Pukow. Rly 5%,
** (German. Stpd.). Planner Tientsin-Pukov Rly. 5%.
(Brit. Stpd. Supl, Loan) 17
Tientsin-Pukow Rly, 5%
(Ger. Bipd; Supl. Loan) 17 and Jap.. 6% Bler. Loan 1907 371TM Jap. 6% Ster, Loan, 1934 45 Ger: 7% Inti Loan, 1924 374 Chartered Bank
HK. & Shal Bank (Ldn. ... Rezy,
HK & Bhal Bank (Col
Reg.) Chinese Eng & Mining
(beater).
Chosen Corporation Pekin Syndicate anai Elec, Constr.
Cen. Electric (England) 79/6 Guinness (A) Bon & Co. 112/6 Hawker Siddeley Airo..... 19/9 Bristol Aeroplane
Chinese 5% Bler. Notes,
1925 (Vickers),
17+
Chin. Imperial Rly. 6%
Loan.
64.
Honan Bly 5%.....
21
(German, Issue)
....
ཤྩ。d3ང་ང ུངབདོན་སོ
181
Union Insurance
30** Onia Kalimpong Rubber 19/41 Allied Ironfounders..... 19/6 Asso. Mec. Industries 39/4 Austin Motors, ord. Cable & Wireless," - New
Form, ord.
Close
Opening
Closing
Criange
July October
8.97/97
8.99/99.
9.03/03
.06 up
8.17/17.
8,20/20
8.25/25
08
December
7.92/93
7.97/96
8.02/02
09 up
32/6
January
137 N
7.88/88
7.95 N
,08 up
March
7.80/80
7.82/82
7.83/69
09 up
547
May
778/76
1/79/79
7.88/86
10 up
| B.-A. Tob. (beater) \\
Cammell Laird, ord.
100/7
Spot
9.78 N
9.18 N
Lunch
*8/71
Merican Eagle
9
NEW YORK RUBBER
Courtaulde
28/3...
Distillers
...95/3
Dunlop Rubber
July
16.39/39
28/10
September December March
16.41741
16.45/45
CLOSED
16.46/48
22/13
Imperial Chemical Ind. ab Imperial Tobacco Marks & Sp'cer "A" brá. 65/7). Rolls Royce
CHICAGO WHEAT
134/43
11276
Leyland Motors
93/0
Tate & Lyle
63/71
July September December
Friday's Sales
:773/77-
*781/784
bushe is.
Turner & Newall United Steel
4-8120
****** 24/71
CHICAGO CORN
17
Smethwick Drop Forg.... 15/6 Armstrong Stevens, ord. 616, Pressed Steel, com 19/14 Vickers, ord.
July
511/51
50/501
503/50%
20/3
September December
521/621
521/521
521/251
53/53
521/521
Woolworths....
65/13
Anglo-Dutch
WINNIPEG WHEAT
27/4
Rub, Plant, Invert. Trust/28/7/ Burma Corporation 8/71/ Commonwealth Mining 1 Marsinan Investments..... 10/3 Randfontein Estates
July October.
641/641 642/843
64/64
651/851 651/651 661/081
65/65
681/881
39/7/
NEW YORK HIDES
Western Holdings
13/7+
Sub-Nigel ..
228/9
Beptember
"Tanami Gold Mining....
Anglo-Iranian
83/11
December
11.24/25 11.25/18 11.57/57.
11:20/20 11.505/558 11.81b/54a.
Burmah
19/41
NY: Silver Oficial.
42-3/4"-
unquoted
Shell Tran
(bearer)...
Noming);
67/6
NY-London Cross Rate 488-3/8
NEW YORK: STRAITS TIN
468-7/18
Bertember
48.40b/80%
Clored