American Gas & Elec.
Amer. Locomotive
Amer. Metals Co. Amer. Radiator
Amer. Rolling Mill
Amer. Sting and Ring Co.
Atchison, T. & S. Fe.
end
Auburn Motors...
Baltimore & Ohla
Barber Asphalt Co
Barnsdall Of
were
Bethlehem Steel
Bliss & Co...
Boeing Airplane Co.
Borg-Warner
Biggs M'facturing
Brooklyn-M'hattan Trans.
B'klyn-M'hattan $8 cum pt.
Canadian Pacific R'way.
Case, J.I.. Celanese
Commonwealth & 8. (or)
C'wealth & 8. 8% cum pr.
Consolidated Edison
Consolidated Oil
Continental Can
Curtiss Wright (C.)
Curtiss Wright "A"
Deere & Co."
Distillers Carpa. Seagram Douglas Aircraft
November.
Du Pont de Nemours .......
Elec. Bond & Share
Elec. Bond & Share $5 pt.
Gen. Electric
Gen. Motors .............
Gen, Railway Signál
General Tire & Rubber Co
Gudden Co.
Goodrich (BF.).
Goodrich $5 p... Goodyear Tire & Co..
Market Report
FROM ROZA BROS The price for Ready Silver the week-end dropped 1/16 over
to 19.11/16 but the Forward rate was unchanged at 19.7/18. Silver advices reported India as having bought and Speculators as having sold. The market was steady. American Silver was quoted at 42
3/4 for Spot.
Spot... $12-21/32 $12-21/32
NEW YORK STOCK EXCHANGE
STOCKS
The London/New York cross-rate Adams Express most was quoted. at 468.15. New York/Alleghany Steel Co. London was quoted, at 488,1/4.
Market
Allied Stores ··
Allis Chalmers Amerada Corpa,
Quiet. Opened steady but sub-Amer. Can sequently eased off slightly owing to some demand, particularly for forward delivery.
Starling
Business was done during the course of the morning at 1/2.13/18
for cash, 1/2.25/32 October, 1/2.
Amer. & Foreign Power.... Ameri & Foreign $7 pf....
ga November and 1/223/32 Deamer. Bun Ring .cember. The market closed at. 1 Amer. Tel. & Tel
p.m.
with sellers
Anaconda Copper
at 1/2.25/32 Amer. Tobacco "B" June/August, 1/2-3/4 September/ Amer. Waterworks October and 1/2.23/32 November, buyers at 1/2.13/16 Cash, 1/2.25/32 October, 1/2.3/4 November 1/2.23/32 December.
U.S. Dollars
Nothing doing.
There
sellers at 28 13/16 June. probably July and 28 3/4 August, buyers probably at 28 7/8 June and 28 13/16 August.
Shanghai Dollars
Sellers at 229:
Shanghay Market
The last rate received indicated the market as being quiet for near and easier for forward. There were sellers of Sterling at and .6.1/2 for cash, 6.3:8 June 6:3/16 July. US3 sellers at 12. 21/32 for cash, 12.13/32 June and 12.1/32 July.
Afternoon Market The market afternoon.
Bendix Aviation
Chesapeake & Ohio Chrysler Corpn. Columbia Gas & El. Columbia 8% "A" pf. Commercial
was quiet in the Continental Oll
Corn Products
Sterling
No business was reported, finish ing with sellers at 1/2.25/32 June/
August, 1/23/4 September/Octo-
and 1/2.23/32
ber
buyers at 1/2.13/16 Cash, 1/2. Eagle Picher Lead 25/32 probably September and 1/23/4 November.
8.8. Dollars
The market closed with sellers
at 28 13/16 June, 28, 3/4 July and 28 11/18 August, buyers at 28 7/8 cash and 28 13/18 first half of August.
Shanghai Dollars
Sellers at 228.
Shanghal Market jete Unchanged for Spot at 6.1/2 but the forward market was weaker.
Eaton Mfg. Co.
Elec. Autolite
Elec. Bond & Share $8 pl. Elec. Power & Light $7 pt. Fintkote"
Food Machinery Corp. Gen. American Trans.
QUOTATION
JUNE 18, 1939 STOCKS
****
$16.30
Last.Bale
Last Sale
June '17
June 17
Int. Nickel
472
101
int. Tel. & Tel.
61*
9
Johns Manville
702
341
J. & Laughlin Steel $7 pfd.
442*
Kennecott Copper
321
921
Libbey-Owers-Ford
Glass
437
320
FAGE 12-HUNGKONG DAILY PRESS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
June 19,1939
On London:-
Telegraphic Transfer. 1/2 11/16 Bank Bills, on demand!/2 11/16 Credits 4 months' sight 1/2 13/16
On Shanghai:-
On demand
On Singapore:-
Peru
MOVEMENT OF GOLD AND SILVER
London, June 17 (Reuter).
די
FOLD
Week ended Week ended
June 14 June 7
£..
STOCK KICHAMER
Bayer Ballers
Bat Menina]]
MONDAY 19,
FINANCE
HONGKONG SHARE QUOTATIONS
SHARFEROKEEN ASSOCIATION
Tola! EXPORTS from the "United Kingdom Including: To the United States
2,943,000
4,300,000
2,903,000
4,228,000
Bombay France
25,000
28,000
$1325
#1340
Total IMPORTS into the United Kingdom Including: From British Africa
4,215,000
3,458,000
2,474,000
2,546,060
$78
The Netherlands
1,905,000
636,000
Egypt
165,000
110,000
Southern Rhodesis
72,000
178,000
Belgiumanı
33,000
30,000
New Zealand
28,000
JUNE.
Barka
H.K. Banksparen
Do. (Col. Beg.) -
Do. (Lon. Bog.)" Chartered Banke ......
27 Mercantile Bk. "A" 213 Mercantile Bka. "C"
Bank of East Asia $80
N. C. & 8. Banks ... Insurances
Ballers
Sales - {Worksa
$1349
£79.
£97
**
150 ota
Switzerland:
29.000
$230
On demand
52 1/2
SILVER
$460
On Japan:-
On demand
104 3/4
Total EXPORTS from the United Kingdom Including: To the United States
204.000
108,000
148,000
87,000
Canton Insuranost ... Union. Insurance $1.45 Underéziðars $185 H.K Firea
$0.03
$1.45
$480
$185
Egypt
44,000
Shipping
On India:-
Telegraphic Transfer.
and demand
}81 7/8
Total IMPORTS into the United Kingdom Including: From British Malaya
159,000
96,000
117,000
Egypt
41,000
On New York:-
Bank Bills, on demand 8 6/6
"Credits, 30 days" sight 49 1/8
Shanghai Exchange
June
Un Batavia-
July
12-19/32 12-1/32
12-11/33
11-15/18
!!!!!1
11111
$87
Douglas
167
$15
Steamboats
$16
$80
Indo-Chinas
(Prod.)
-$50
Shelia
On demand
*** 53 3/4
On Paris:-
Shanghai, June 19. (Reuter).
Official T.T. Rates
Bank Bills, on demand 1480
—Credits 4 months' sight THE
0/8-1/2
New York
12-5/8
Spot market:-Quiet.
June market:-Easy. July market:--Nominal."
Merchant Rates
#1:
On Saigon >----
On demand
107 1/2
Japan
40
Sterling
-... 0/6-1/2
Paris
On Manila:-
On demand
37 1/4
Hongkong
5.48 36
On Bangkok:-
On demand
151 1/4
Open Market-Selling Rates Sterling
Sterling Notes:--
Bank Baying Rate... 1/1 7/8
Opening Closing
Sellers
$12-5/8 The July market is practically. nominal, with very little business done.
Silver Duty Rate
U.S. Dollars
1.1 :
i 1.
$8.05
#H
#!!:
Bar Silver per oz......
19 11/18
Spot
June July
0/6-3/16
0/6-1/2 0/6-1/2 0/6-3/8 0/6-11/32
0/8-1/8
The Central Bank of China's rate on London at 10 a.m. to-day was 1/2-1/2d., unchanged from yesterday.
#51
$5.70
H.K. Hotals
$35!
$30
U.S. Dollars
The Equalisation rate was 3 per cent.
19
$485
-41
830
85/1
#9.10 Waterboste ..................... Docks, Wharves,
Godowns, etc.
$110 H.K. & K. Wharto
Providenta
Providenta (now) .... $18.20 EX4 W. Docks.....” Do. (new)
Shanghal Docks 8.
Now Engineerings B
19/0 Kailan
Reube
Mining
Vanesuela Gold Vide ots. Hong Kong Ma...
Lands, Hotels and
Buildings
H.K. Landa pn..... | #38
$100 Do. 4 Debentures
Shanghai Lands
$4.80 H.K. Baltice.
Humphreys ir
$100 Chinese Estates
Cotton Mills
$19) Ewe (8.) 81158'hal Cottona (8.)
Zoong Sings (8.) ...
| Wing On Textiles" (8.)
Public Utilities Tramways
943
Indo-China (Del.)...
$20
63/1
S-POT
JULY-SEPT.
$110
F
OCT.-DEC.
!!!!
8.
$6.60
$ 0
$5.05 $1.40
$20.80
$113
$42
8 POT
$481
OCT.-DEC.
JAN-MARCH
$16.30
$7:40 Pook Trams (old) 83.70 Peak Trams - (new) 8688tar Ferries
17 40 $3.70
$861.
$99.70 Y'mati Ferriss
$231
Do, (new)
*B*
Chins Lights (0) »
$5,80
Chiou Lights New)
$5
China Tights R
$561
TUESDAY, JUNE 20,
PAYNE & CO..
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
1939
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.),
New York, June 17, 1939.
SINGAPORE KÜBBER
change
28-1/4 of 1/8
Jume 18
June 17 buyers sellers buyers sellers
28 28-1/8 28-3/8 28-1/2 28-1/4 28-3/8 28-5/8
28-1/8 28-3/8
28-1/4 28-1/2
The market opened 1/8 of a cent lower for all deliveries as com- #18:10 pared with Friday's closing rates.
$108 18.30
19,0
$3.
Quiet conditions prevailed early in the morning, thus refecting advices received from London and New York. Fair enquiries for "spot" Rubber fälled to inspire speculative interest due to continued political uncertainties, which seem to remain the dominating in- Auence.
Later in the session, however, the market became. steady on trade-buying caused by overnight cable-reports in a substantial in- trease in American Motorcar-production for the week ending June 18. This fact appears to furnibh another indication for gradually. Improving business-prospects in U.S.A.
Prices registered a slight advance of 1/8 cent for all deliveries, the market closing with a quietly steady undertone,
LONDON RUBBER
Previous close To-day's close buyers sellers buyers sellers
Change
8-3/16
8-1/4
8-5/16 8-3/8
CLOSED
8-3/8
8-7/18
21
Lockheed Aircraft.
· 26"
18
Loew's Inc........
45
34)
Manhattan Shirt Co.
171
Martin, Glen' L.
321
281
McKesson, Robbins
12)*
HK. Electrics
$18 Macao Electrics $18 Sandakan Lights $954 Telephones (old) $7.70 Telephone (new) 20/0 Tractions
92/6 Tractions [praf.) Industrials
824
#71
The average forecast of last week's stock of rubber in London and Liverpool shows a decrease of 30 tons,
NEW YORK COTTON
The market showed a better tone to-day with an early advance in prices. On the whole, the market was quiet but firm, and price The volume was also movements were within a narrow range,
small Traders were marking time, awaiting the outcome of the ac tion of the House of Representatives on the export subsidy. Some small gains were recorded and prices were maintained at the day's best levels.
NEW YORK RUBBER
12
134
Monsanto Chemical Montgomery, Ward
314
ᎾᎢ .
Caid., Meng. (Ord.) 8.
813
Cald., Macg. (Fref.) S.
Market closed.
50%
NOT
427
Kat. Dairy Products
Canton Ice we
81.10
15
$14
Nat. Distillers ..
257
1583
National Gypsum
111
824
National Load
20
$92
4.
Nat. Power & Light
71
23+
National Steel Corp.
60
271
Nat. Supply Corpn.
New York Central
14
Cerverite
ją$3,76-{Bopos
Miscellaneous
Dairy Farm (Old)
Dairy Farin (New) $6.80 Ch. E'tainments $1.35 Constractions
Constructions
#7 Lane Crawforda
$13.30
CHICAGO WHEAT
33.50
#22
$21
$8.80
An easy appearance was in evidence at the opening. Price de- clined on selling and hedging, influenced by better weather and heavy receipts.
(old)$14
Previous To-day's
close
close
Change
$74
New York Stocks
134.67
135.31
up. 64
Niagara Hudson Power
Nanyang Tobacco
$4
121*
N. American Aviation
$1.80 Bincares
$1.80
151
$8.95 Watsons
4
.14
North American Co.
201
55% Ch. G.5% 1925G $Bds.
221
Northern Pacific
&
H.K. Govt. 4% Loant'
8104
55
4Xpm
Pacific Gas & Elec................
311
par H.K. Govt. 34% Loan
$100
91*
Pacific Lighting
*471
$41
H.K. Wing On
841
211
S'hat Wing On. D..
Packard Motors
34
231
18+
Paramount Pictures
Vibro Piling
$81
14/0
Maramano Inv. (Lon.)..
201
Pennsylvania R.R.
171
40
Maramana Inv. (EK)
10
Phelps-Dodge
34
$1
Wm. "Powells-kana
$1
Philips Petroleum
354
**Sales to Shanghal
44
Public Service of N.J.
38
76
Pullman Inc..
201
181
Pure Oll
71
321
Radio Corpn. of Am.
6.
681
Republic Steel
151
61'
Reynold Tobac; "B"
391
83 *
Richfield O11
8
451
Safeway Stores
421
11
Schenley Distillers
601
301
Schenley; 5 pía.
Bears Roebuck
75
73
37.
Seversky Aircraft
34
Shell Union Oil
'11
83*
23 Bocony-Vacuum 011
114
War Loan, 31% (Red
after 1952) Canton-Kloon Rly, 6% 18.
93-9/16
51
Southern Pacific
12)
251
Southern Rly $5 pfd,
21
Chinese 41% Gold Loan,
1898 (Brit. Issue).... 58
19
Sperty
40%
Chinese 5% Gold Bonds,
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, June 16.
The following quotations are the middle prices at the close of the market in London. All quotailons are abject to confirma-
tion and no responsibility is assumed for errors in transmission.
Union Insurance Gula Kalumpang Rubber 18/3 Allied Ironfounders'..... . 18/6" -
| Asso, & Elee. Industries 38/101 ·
Austin Motors, ord. ..... 30 Cable & Wireless, New
N. Y. Commodity Market
'(By Courter of Messrs. Swan, Culbertson & Frits and 8. E. Levy & Company)
High Low Close Close Change
Prev. To-day's
New York Cotton, July
9.27
9.22
New York Rubber, July
9.23. 18.18 closed
Chicago Wheat, July Chicago Corn, July Winniper Wheat, July New York Hides, September
724 '50%
721 72+
491
494
11.05 10.97 1100
611 60% 81+
な
NEW YORK COTTON
301
Close Opening
Closing
Change
July October
9.23/23
9.24/24
9.27/27
8.37/38
6.40/41
8.45/45
97
December January
8.10/10
8.16/15
8,18/13
.08.
7.99 N
8.04/04
8.05 N
07 up
Standard Brands
61
1925-47...ngrades
55
Form, Lord.
494
March
7.92/93
*7.97/97
-7.99/99
06 up
Stand Gas & Elec..........
-
Chin. 41% Anglo-French
-B.-4. Tob. (bestrer).
_95/7)
*May.
7.85/88
1.90/90
77.92/92
06 up
67
Standard Ol of California
261.
· Loan, 1908 ·..
1401
Standard Oll öf NJ.
421
Chinese 5% Crisp Loan,
84
པར
45
Cammell Laird, ord.
7/14 Spot
-0.88 N
EST N
Merican Eagle
7/9
Stone & Webster
103
1912
25
Courtaulds
25/3
NEW YORK BUBBER
221
Swift International
27
Chinese 5% Reorg, Loan,
Distillers......
93/9
301
71
Technicokretis
154*
1913 (Ldn. Is.)
39
Dunlop Rubber
28/41
Texas Corph........
381
Chinese 5% Ster, Notes,
Chen Electric (England) 78/15
57
Texes Gulf Bulphur
28
1925 (Vickers) shal
15
Guinness (A) Son & Co. 107.
July September December
18.17/18
16.24b/27a
CLO
16.29/29
65+
251
Iron America 00.
.57
Chin. Imperial Hly 5%
201
20th Cent. Fox.
19%
Loan
Honan Fly. 5%
-55 **** 184
Hawker Siddeley Aire.... 17/3 Bristol Aeroplane
March
16.35/37 a
20th Cent, Fox. $1ł på...
30*
Union Carbide & Carbon
78
451
Union Pacine ....
931
35
United Alicraft
357
Hukuang Rly. 5%, 1911. 19. Hukuang Rly, 5%, 1911
(German "True)
20/9 Imperial Chemical Ind. 29/9. Imperial Tobacco
CHICAGO WHEAT
128/9
Marks, & Up'cer “A” ord.” 56/3.
July
123/721
18
Rolls Royce
106/10)
September
*73/73&^%
73/3L
725/722
EE
43)
United Airlines Trans.
10
Lung Tsing & U. Hal Rly.
Leyland Motors
81/6
December
161
224
United Corpn.
21
5%
-17+
Tate & Lyle
82/3
Friday sales:-15,514,000 bushela.
United Corpn. #3 cum pf. 351
insanáraz
United Gas Corpn.
17
United Gas Improvement 121
US. Rubber
--411
277
Great Northern Iron Ore ...
UB, Rubber 18 pfd..
100
141
LONDON BULLION
SHIPMENT London, June 17 (Reuter). The P. & D. Liner Canton is carrying specic valued at £67,900. including:
Greyhound CorpIL Hecker Products .... Homestake Mining Industrial Rayon International Harvester
Great Northern Rly, pid.
211
US Steel
461
Vanadium...
20 *
Great Western Burar
Warner Bros. Plet.
46
181
∙∙111
Westinghouse Elec.
Woodward Iron Cor.
164**
43
201*
Chase National Bank National City Hank
321*
252*
Shai-N'king Rly, 5% Tientsin-Pukow Rly. 5% (Brit, Btpd) jopaunu. Tientsin-Pukow Rly. 5% (German Stpd.).... Tientsin-Pukow Rly. 5%
(Brit. Btpd. Bupl. Loan): 14 Tientsin-Pukow Rly. 5%
(Ger, atpd. Supi, Laan). 14 Jap. 5% Ster. Loan, 1007 31} Jap. 6% Ster. Loan, 1924 39: Ger, 7% Intl Loan, 1924.341TM Chartered Bank
Vickers, Lord
Woolworths
Anglo-Dutch
Rub, Plant,
Burma Corp
Turner & Nevall
76/71
United Steel
23/101
CHICAGO CORN
Smethwick Drop Forg
1576
Armstrong Stevens,
610.
Fressed Bleel, com
17/6
18/9
July September December
62/21
24/41
491/491 491/491 512/511 514/51 51/511
WINNIPEG WHEAT
:407/50
5117514
52/52
2774
8/3
July
Commonwealth
Maraman : Inyest
14/6
October December
021/62 831/635
61/6113 611/61: ***621/62}
601/601
·61p/62
631/621
Randfontein, Esta
39/11
Gold
"-bladex diy.
DOW JONES AVERAGE
HK & Bhai Bank (Lon.
Ret.)
Western Holdings
12/41
NEW YORK HIDES
Bub
Bombay Calcutta
£34,200 2,500
1939
High Low Dow Jones Averages.
Silver
1648518143 so: Industriäkla
34.33 34.14U BALERING
28.58 90.71 20 Utilities
1,100
-92.22-87.06-40 Bonds
Alexan
500
June 18, 1938. June 16, High Low Close Chan
134,87 135.55 124.71 135,3164 up
98.98 97.83 37.04 27.36 27 up Chosen Corporation 23.35 23.45 93.35 28.40 Gap Fekin Byndicate 180.1688.17 01 up Shat Elec. Constr. Co.
61,09 5.60 11 Commodity Index - 4984 szary What Water
Business Dones--170,000 sharpa:
HK. & Shal Bank (Col
Reg)
umi Gold
44.
September
79/41
11.30700. 1128b/30a
Chinese Eng & Mining
12/6
NY BI
(bearer)^,
NY-London Cross Rate 488-3/18
NEW YORK STRAIT. TEN
48.101/606
11.00/01 11.01/01 11.28/353 11.34/34
4.68-7
Closed