Standard, Cash 41-7/8 Standard.
210
41
3 months 42-3/16 Electrolytie'. 47-1/2"
TIN Standard, Cash 225 Standard
Indian Mint Silver
59. 1/1
Ready
62-03
3 months 222-1/2
LEAD
27
104 3/4
June 16 Bettlement July 12 Settlement August 11 Settlement...
"
On demand
On India an
and demand
Telegraphic Transfer.
On New York:-
Bank Bulls, on demand 28 3/8 ... Credits, 60 days' sight xệ 1/8
Un Batavia";—
On demand ... 53 5/9
On Paris:-
Bank-Bills, on demand-1379- Credits 4 months' aight 119).
On Salzon ---
On demand
Sterling Notes:--
London Exchange.
London, June 11 (BWS), Closing mean were rates; Paris, 176-47/64.
New York, 4.68-13/32. Brussels, 27.51.
-Montreal, 489-1/18-
Geneva, 20.TI).
Amsterdam. 8.804,
Buenos Aires, 20.21, Other rates were unchanged.
On demarid
107 1/2
Man, 89-1/16.
On Manila:-
Berlin, 11.07).
On demand
37 1/2
On Bangkok:----
131 1/4
Bank Buying Rate
***
Bar Silver per oz.
1/57/8 19 7/8
Market Report
India Rupee Paper
Bombay, June 10 (Renter). Govt. 34% Rupee, 96-14-0,
Calcutta Exchange
3 months 14-1/4 14-5/16 Flusi Afternoon Transactions Tin-Standard, Cash £225-1/4..
sellers.
Tin, Standard, 3 months, £222- 3/4 value.
LONDON GOLD"
London. June 10 (Reuter). Bar Gold, Fine per ox., 148/5. Dollar Parity, "1/2d, premium,
53-02 51-14
Foreign,
Official Price 14-7/16 Foreign Official
PAGE 12-HUNGKONG DAILY" PRESS
MONEY AND
SILVER MARKET
LONDON SILVER
EXCHANGE London, June 10 (Reuter).
Silver-Small Support, Some In- selling. Market quietly
dian
CLOSING QUOTATIONS | steady.
June 10, 1939
th
On London:-
Telegraphic Transter. 1/2 11/18 Bank Bills, on demand1/11/18 Credits 4 months' sight 1/9 15/16 On Shanghai:
On demand
On Singapore;--
On demand
On Japan:-
Spot, 19-13/164. Forward, 19-5/8d.'
NEW YORK SILVER New York, June 10 (Reuter). Oncial Price, unquoted.
BOMBAY SILVER Bombay, June 10 (Router). Market-Oftake 50.
LONDON METALS
EXCHANGE
"London, June 9 (Reuter),
3
FINANCE
ir
HONGKONG SHARE QUOTATIONS
STOCK EIGHTANDCHI
SHAREBROKERS: ASSOCIATION
Salar
lm has+TTHDAY TU
JUNE. A
Banks
144
5.K. Banks
Da (Cal. Bag) Do. Lon. Eg) *** Chartered Banks *** 987 Mercantile Bks, "A" BIJ Marcantile Rk, "Oʻ 180
Bank of East-Anim N. C. & 8. Baoka ... Insurances
By Balan
$1395)
$1400
£36
COFTER
buyers £
sellers
41-15/16
#1390f 81410) $1400)
MONDAY, JUNE 12, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
42-1/4
48-1/2
225-1/4
$30
COMMODITY MARKET REVIEW
150 sta
222-3/4.
$465
$1.45
$130 Canton' Insurances .
Union Ingarenoss ... Underwribara
€325
$1.45
$400
1183 FL Pira
(FROM PAYNE & CO.)
14-9/16
$115
Shipping"
New York, June 10.
B
3 months 14-9/16
SPELTER
14-5/8
387 $15
Douglenen
#07
Steamboata
$30
Ordinary,
Official Price 14-1/8 Ordinary, Oncial
14-3/16
,:;:༢,:
firi
$3.40 Rauba
$8,40 | X.D.
13
14
Acta Hong Kong Midas ...
MLanda, Hotels and
Buildings
***
New York Exchange
25.80 $97
25.80
H.K. Hotele
$6.85
837/37.15
†H.K. Landa .............
137
$37/10.15
$100 Do. 4%. Debenturei
$100
Calcutta, June 10 (Reuter). TT. on Japan, 78-3/4.
New York, June 10 (Reuter). TT on London (Opening Rate), 4.88-5/18.
14.80
H.K, Realting
10.10 Shanghai Landa 8.
$100 Chinese Batatas por
Cotton Mills
33.05
Humphrey...
$81
4)
NEW YORK STOCK
QUOTATION
EXCHANGE
$21
ENT
(8.)
#201
#114 Sthat dotions (8.)
Zoong Sing (8.)
Wing On Textiles (6.).
Tramways
$7.40 Fosk Trams" (old) ...
$3.70 Peak Trama (new)
!!!!
Public Utilities
$30 Indo-Chinga (Prof.)
| Indo-Chinas · (Dal.)...
84/4Shelte
18.10 Weberboeke umetna Docks. Wharves,
#1102/}}...
BL96 $495.
$18.35
#7##
M
Godowns, etc.
HE. & E. Wharres Providente
Providente (DOW}~~1!!!~ HI & W. Doct
Da. (new)
Shanghai Docka 8. ... New Engineerings 8.
20/6 Kailans
Mindor
Vernola Goli Fide
$15
SINGAPORE RUBBER
$50
$20.
#A
June 9. buyers sellers
SPOT
29 28-3/4 JULY-SEPT. ........................................... 28-7/8 29-1/8
$4.85
****
change up 1/8 up 1/8 Up 1/8 The market opened 1/8 of a cent higher for all deliveries ss. com- pared with Friday's closing rates”
$110 OCT.-DEC........ 29 1- 29-1/4 29-1/8 29-3/8
$131
$108
8.30
30/0
#3
-
In accordance with conditions prevailing in London and New York the market was steady throughout the session,
Fair enquiries for immediate and forward deliveries of Crude Rubber by dealers and speculators were apparently induced by reports that American manufacturers are constant buyers of "actuals" and that their inventories are estimated at low levels,
Furthermore the fact of having the American new automoblie
BA models 1940, ready at earlier date than usual coupled with Improving prospects for a general business-revival and for removing political uncertainties as evidenced by a further substantial reduction of War-risk premiums, will. It is believed, inspire d' sumciently fair. buying movement to gradually put the market on higher levels.
Later in the session prices registered an advance of 1/8 cent for all deliveries due to persistent further general Buying, the mar- ket closing with a steady undertone. »
LONDON BUBBER,
Previous close
To-day's clase.
buyers sellers buyers sellers Change
June 10 buyers sellers 28-7/8 28-1/8 29
29-1/4
Spot June
Buyers 'Sellers D/6-17/32 0/6-19/32
July
Bpot
June
July
FROM ROZA BROS
Saturday, June 10.
Silver prices dropped 1/16 yes- terday for both deliveries, the quotations being 18, 7/8 for Ready and 19. 11/16 for Forward. Silver advices reported India and Ameri- ca as having bought and specula- tors as having sold. The market was steady. American Silver was quoted at 42 3/4 for Spot. "
The London/New York cross- rate was quoted at 468.34. New- York/London was quoted at 468.
5/16.
Market
Steady at the opening but sub- sequently eased off slightly owing to some demand. Towards the close sellers prodominated, finish- ing on the steady side.
Sterling
STOCKS
Adams Express
Alleghany Steel Co.......... Allied Stores
Allis Opalmers
Amerada Corps. Amer. Can
Amer. & Foreign Power ... Ameri & Foreign #7. pi.... American Gas & Elec. Amer. Locomotive Amer. Metals Co. Amer. Radiator Amer. Rolling MAI Amer. Sting and Ring Co. Amer. Sugar Ring | Amer. Tel & Tel.
Auburn Motors
1/2.23/32 was on offer for bear at the opening leading to business at 1/23/4 for June. August and December followed by transac- tions at 1/2.25/32 for September and 1/2.13/16 for June, July, At this stage the market reacted alightly and business. was again arranged at 1/2.25/32 for July and 1/2.3/4 for November/December. Towards "the close 1/2.25/32 was done for September delivery. finishing with sellers at 1/2.25/32 Pendix Aviation June/September and 1/2.3/4 Octo- ber/December, buyers at 1/2.16/18. Cash/September. and 1/2.25/32 November/December,___ probably
October.
U.S. Dollars
The market opered with sellers at 28 11/16 but business was soon arranged at 28 3/4 for July follow- ed by transactions at 28 13/16 for June/July and 28 7/8 for June. The market closed with sellers at 28 13/18 July/July and 29-3/4 August/September, buyers at 28 7/8 July, probably June and 28 13/16 September, probably August.
Shanghai Dollars
Nominal at 228.
Shanghai Market
Celanese Chesapeake & Ohio Chrysler Corpn. ... Columbia, Gas & El Columbia 6% “A” DI. Commercial ....... Commonwealth & 5. (ord) C'wealth- & 8. 8% cum pí. Consolidated Edison....................... Consolidated Oil
Sellers were reported at 6.1/2 Com Products for Spot.
Shanghai Exchange.
Shanghal, June 10 (Reuter). Open Market-Selling Rates
Sterling
Opening
0/6-17/82-060-19/32 0/6-15/37. 0/6-9/18 U.S. Dollars.
$12-3/4 $12-7/8
12-23/3212-7/8. 12-19/32 12-3/4
Gen. Electric
Gen Motors
#113
$42
$401
Last Sale
JUNE 11, 1939
STOCKS
$17.19
0174
$17.15
SPOT
$1.40
Last Bale
OCT.-DEC...
$3.70
June 10
June 10
71
Int. Tel. & Tel
71
#461 $29.70.
[Star Ferris
8071
8-1/4 3-3/8
8-7/18
8-1/2
B-1/2
8-9/16
#
CLOSED
Y'ati Ferries
$82,60
177
Johns Manville ........
761
H
18.30
91
J. & Laughlin Steel $7 pfd.
47*
361
Kennecott Copper
34
Libbey-Owens-Ford
Glass 473* #56)
$8.85 $8.85/150
156
***
161
Lockheed Aircraft
271
$18
Loew's Inc. -..
$12
461
$24
20
Manhattan Shirt Co.'
35*
Martin, Glen L
337
18
McKesson, Robbina
W⠀
Do. (new)
China Lights (New)
China Lights Rs.
H.K. Electrics
Sandakan laghta
Telephone (old)
$7.70 Telephones (new) 20/0 Tractions
China Lights (0)
88.90 | 88.85/|90**
$6.85
158
Macao Electris ......
$72
297.
H
30..
Monsanto Chemical
981
$9/0 Tractions (proč.) Industrials
124
Montgomery Ward
521
$24
Cald., Macg,, (Ord.} &.
144
Cat. Dairy Products.
$18
164
Caid., Macg. (Fret.) B.
434
Nat, Distillers.
$1.10
***
Canton Toes
26
$14
National Gypsumt
111
$3.70
1691
National Load .........
204
Amer. Tobacco "B" ....... Amer. Waterworks ............. Anaconda Copper lime Atchison, T. & B. Fe.
85
Nat, Power & Light
13
10
National Steel Corp.
844
25.
Nat. Bupply Corpa,
$6.80
294
New York Central
++
`153 ́
Niagara Hudson Power
7
Camenta
Miscellaneous
Dairy Farm (Old)... $1.80 Dairy Farm (New)
Ch. E'tatamente Constructiona Constructions
$71 Lane Crawfords
$1.10 #14
JAN.-MARCH
Market closed.
The average forecast of last week's stock of rubber in London and Liverpool show a decrease of 50 tops.
NEW YORK COTTON
"Very little interest was shown to-day with most operators keep-· ing on the side lines, pending Washington's decision on the export subaldy question. However, soine concern was still felt fregarding the over wet conditions in the central belt. Throughout, the day, the market was lifeless with trading`restricted and price move- ments confined to narrow limits. A slight marking down was caused by lack of buyers.
NEW YORK RUBBER
Market closed.
$4.90
(ald) $1 (DET)
Baltimore & Ohio Barber Asphalt Co-
54
N. American Aviation
152
Nanyang Tobacco .....
34
131
North American Co.
$1.80
211
Barnsdall Of
142
Northern Pacific
.9
$8.85
$8.86
cerOS Watsons
$1.80
49.85
$3.86
CHICAGO WHEAT
The market presented a week appearance with initial prices Some marked down. This was attributed to lower foreign cables. scattered liquidation and proat-taking retarded any improvement. On the whole; price movements were limited to a narrow range.
Previous To-day's
59%
23
Pacific Gas & Elec.
Ch. G.6% 19250 $Bds.
314*
Bethlehem Steel' Bliss & Co.
581
Paçifle Lighting
Xpm
..1
H. B. Gort. 4% Lowes
8104
New York Stocks
close 140.09
close Change 140.14
483*-
1.pm H.K. Govt. 3% Loan
$100
101
Packard Motors
31
F
Boeing Airplane Co. Borg-Warner Biggs Mfacturing Brooklyn-M'hattan Trans. B'kiyn-M'hattan $6 cum pf. Canadian Pacific R'way. Case, J.I
221
Paramount Pictures
91.
ZAX
Pennsylvania R.R.
18
18/0
Phelps-Dodge
*351
114
Phillips Petroleum
4/0
4/0
361
391
Public Service of N.J.
371
Pullman Inc.
271
Pure Of
....
74
19
Radio Corpn. of Am. ...g
61
LONDON
331
Republic Steel
H.K. Wing One
'hai Wing On ........ Vibro Piling
ne
Mazumans Inv. (LOG.)
Macamana Iny. (HE)
Wm. Powalla
#Sales to Bhanghai ¦
STOCK EXCHANGE
190 cts.
N. Y. Commodity Market
(By Courtesy of Messrs. Swän, Culbertson ✯ Fritz and .
-8. E. Levy & Company)
161
711
Reynold Tobac. "B"
..40..
(REUTER'S SERVICE)
01
Richfeld O
85 *
Safeway Stores
London, June 9.
45
47
Scherley Distillery
14
11
Schenley, 51% pla.
سبتم.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirma-
59
Sears Roebuck
76
31
Seversky Aircraft
£
8
Shell Union 011
121
Continental Car
381
Socony-Vacuum Ofi
117
War Loan, 31% (Red
after 1952)
047
Continental Of
241
Bouthern Pacific .......
13.4
Canton-K'loon Riy. 5%
·641.
Bouthern Rly $5 pfd.
22
Curtiss Wright: (C.)
51
Sperry
441
Curtiss Wright “A”
251
Standard Brands ..............................
7
Deere & Co.
20%
Stand Gas & Elec, ngjit pë
"
1898 (Brit, Issue)...... 18 Chinese 41% Gold Loan 61 Chinese 5% Gold Bonds,
1996-47
32/11
Distillers Corpn. Seagrams
'18"
Standard Oll of California
201
Douglas Aircraft
69/
Standard Oli of NJ. ...........
454
Du Pont de Nemours
1491
Stone & Webäter
Eagle Picher Lead kiti.
91
Swift International.......
271
1912
Eaton Mfg Co..
231
Technicolor giv
·161
Chin. 44% Anglo-French
Loan; 1908
Chinese 6% Crisp Loan,
Chinese, 5% Rearg. Loan,
30
98/0
tion and no responsibility is assumed for errors in transmision
Union Insurance
301* Gala Kalumpong Rubber 18/104 Killed Ironfounders ... 18/9 Asso, & Elec. Industries 38/11 Austin Motora, ord. Cable & Wireless, New
“Form, ordigno
B.-A. Tob." (bearer)
New York Cotton, July New York Rubber, July Menicago Wheat, July Chicago Corn, July Winnipeg Wheat, July New York Hides, September
74% 742 50 50% 501
814 801 610 611 '+'off 11.40 11.27 11.37 11.28 09 off
NEW YORK COTTON
High
9.30 9.27
Prev. To-day's Low Close Close Change
9.29 16.18 closed
8.28 01 off
751 744
51
July October December January
Close 9.28/29
Opening Closing
Change
9.30/30
9.28/28
01 off
8.45/45
845/44 8.44/45
sach.
"8.20/20
8.18/18
"B:19/19"
201 on
8.12 N
8.09b/128
BION
.02.011
Hleo, Autoitha
291
Texas Corpa. ......................
394
1913 Udn. (6)
Elec. Bond & Share ................
Texes Gulf Sulphur
231
Elec. Bond & Share $5 pL Elec. Bond & Share șo pí.
| Trans-America `Co.
Chinese 5% Ster, Notes,
1925 (Vickers)
16
67
20th Cent, Tox.
21
Chin. Imperial Rly. 6%
Elec Power & Light $7 pf.
| 20th Cent. Fox. $14 pf.
...Loan......
Fintrote
-201
Union Carbide & Carbon
811
Honar Rly. 5%
r
Food Machinery Corp.
311
Union Pacific-gay.
07.
Hukuang Rly. 6% 1911
19
Gen. American Trang,
471
United Aircraft
371
Huknang Rly. 6%, 1911
361
United Airlines Virans,
101
(German Isquo) (****
... 18
45
United Corpn.
21
Lung Tsing & U. Hai Rly,
Gen. Railway Signal
17*
Sterling
Gudden Co.
Closing
Goodrich (B.7.)
∙18)
Spok
Sellers 0/6-1/2
Buyers
Goodrich $5 pf. !
701
06-0/16-
Goodyear Tire & Co.
0/8-1/2
0/6-9/16
Great Northern Iron Ore
141*
0/0-7/16
0/6-17/32
Great Northern Ry, píd.
22).
Great Western' Bapse.
254
U.S. DollarsTM
Greyhound Corpn.
∙191
Spot
June
Sterling
July
$12-11/16 $12-13/16
12-21/32/12-13/16 12/17/33-12-11/16
Market: Quiet but steady.
Merchant Bates
US Dollars
Silver Duty Rate;
tral Bank of China'
Hecker Products:
12
Homestake Mining
Industrial Rayơn
211
́International Harvester Int Nickel
4
0/6-1/23
$12-5/8
DOW JONES AT
Low, Down
The
rate on
1/2d., Cmachan
o-day.
16,51 20717-40 Utilitunn 492.38–87.06 – 40 € Bonds
HiLow Close Chazze 140.00 140.59 129.00 140.1408
24.05 $1.99 21
ition rate was 41 per 100 1039 -11 Commodity Indean: 50.57
8hal-N'king Rly, 5% 22 Tientsin-Pukow Rly. 5%%%
^^ (Brft. Stpd.) eige
Tientsin-Puków Fly, 5%
(German Bipd.) ́ ́... · · 18' Tientain-Pukow Rly. 5% (Brit, Stpd. Supl Loan). Tientsin-Pukow: Rly 5%
(Get. Btpd, Bupl. Loan) 16. Jap. 5% Ster. Loan, 1907 36 Jap. 6% Ster. Loan, 1924 44. Ger, 1% Intl. Logn, 1924 37 Chartered Bank
HK & Shal Bank (Gdn.
Regi
HK & Bhái Bank (C5)
Chiness Eng.
(bearer)
United Corpn. $3 cum. pr.
5%
United Gas Corpn.
United Gas Improvement 13
UB: Rubber
UB. Rubber $3 pfd.
431 1081:
UB. Steer
A
Vanadium ...
Warner Bros. Pict.
47
༞ ཎྜ སོཔྟཱཿཨྰཿཎྜ བྷསྶ་
Cammell Laird, ord.
7/8
Mexican Eagle
8/14
March May
8.04/04
8.00/00
8.03/02 7.98/58
8.01/02 .7.35/95
01 of
as of
Courtaulds
27/3
-Boot-
9.99 N
9.98 N
01 02
Distillers
-94/6 ·
42}
Dunlop Rubber
28/11
Gen. Electric (England) 79
53
Hawker Siddeley Airc... 19/11. Bristol Aeroplane
Guinness (A) Son & Co. 111/8.
July
22
18
Imperial Chemical, Ind. 30/
September "December
March
-NEW-YORK-BUBBER-
18.45/48 16.54/54
CLOSED
16.38b/59a 16.62 N
Imperial Tobacco
132/6
Marks & Sp'cer "A" ord. 59/3) Rolls Royce
CHICAGO WHEATĄ,
111/6
July
743/744
Leyland Motors
92/9
September
751/75
€741/744 741/791
Tate & Lyle .......
62/7
December
769/701
761/761
Turner & Newall
79/10
United Steel
Friday's Bales
3,808,000 bushels
24/8.
Smethwick Drop Forg
15/9
Armstrong Stevens, ord. 8/8
CHICAGO CORN
Pressed Steel, com.
18/8
July
505/501 50%/50+
501/501
Vickers,
Woolworths
Angio-Dutch
04/0 27
Beptember December
$2/52
5177611
511/52
$27/621
521/524
Westinghouse. Hec.
Woodward Iron Cor.
Chase National Bank
334*
National City Bank
Rub. Plant. Invest. Trust 28/6 Burma Corporation: 8/7 Commonwealth - Mining...... 100
taments Estates Holdings
WINNIPEG WHEAT
39/6
July October December
614/81)
01/00%
81/61
62X/628
62/617
62/62
84/04
634/639
NEW YORK HIDES
過す
September
11,35/37 11.40/40
20/8
79744
December Silver Offici
4/4
Septembe
11.70/70 11.70/68!
142-3/4,
760%
Cross Rate 468-5/167
NEW YORK
Baxisome Do