#
$18
JULY 2, 1939
STOCKS
Last Sale
July 1
STOCKS
Lust Sale
July 1
Adams Express ... Alleghany Steel Co. Allied Stores
67
Int. Nickel
147*
461
Int. Tel. & Te
SA
81
Allis Chalmers ..........
324
|Johns Manville
671
923* *
Kennecott Copper
31)
Libbey-Owens-Ford-
Glass 44*
161,
Lockheed Aircraft
241
334
Loew's Inc.
| Manhattan Shirt Co.
152
111
|Martin; "Glen E
Amer. Metals Co.
28**
311
McKesson. Robbins
Amer. Radiator
111
13*
Monsanto Chemical
98
Amer. Rolling Mill
123
Amer. S'ting and Ring Co. 38
Montgomery Ward ......
49.
Fat Dairy Products
13
Amer, Surar Ring
Nat. Distillers
Amer. Tel. & Tel......
158
25
National Gypsum
Offtake 100 bars:
Amer. Tobacco "B" Amer. Waterworks Anaconda Copper Atchison, T. & S. Fe. Auburn Motors ... Baltimore & Ohio
84
91
National Load
B
181
Nat. Power & Light
22)
71
National Steel Corp.
25+
531
Nat Supply Corpn.
2
New York Central
41
131
Niagara Hudson Power
FAGE 12-HUNGKONG DAILY PRESS
MONEY AND
EXCHANGE-
CLOSING QUOTATIONS
June 30, 1939
On London:---
Telegraphic Transter. Ua 3/4 Bank Bills, on'demand)/" 3/4 Credits 4 months' sight 1/3
FINANCE
MOVEMENT OF GOLD AND SILVER HONGKONG SHARE QUOTATIONS
The Netherlands
London, July 1 (Reuter).
Week ended Week ended Junia 21 June 28
157,000
$7,000 38,000
GOLD
Total EXPORTS from the United Kingdom Including: To the United States
9,871,000
8,637,000
5,718,000 5,625,000
1,016,000
103,000
British India
Franco
36,000
37,000
24,000
Switzerland
21000
24.000
Total IMPORTS into the United Kingdom Including: From British Africa
2,717,000
3,889,000
1,870,000
1.838.000
The NetherlanČÍS
747,000
1,304,000
Southern Rhodesia
26,000
British India
240,000
277
Belgium
On Singapore:
. On demand
69 1/3-
SILVER
On Japan:-
On demand
105 1/4
Total EXPORTS from the United Kingdom Including: To the United States
261,000
215,000
215,000
136,000
British India
30,000
On India
Germany ...
and derhand................
}83 1/4
Total IMPORTS Into the United Kingdom Including: From Japan
129,000
26,000 148,000
107,000
On New York:-
On Shanghal-
On demand
STOCK "EXOHAMOR
Bayar Bağlaru · Bilen ....... Kamilna);}
Hear⠀ tanie
⠀⠀⠀ * !!
3:1
Telegraphic Transfër,
Bank Bills, on demand 28 3/4
Credits, 80 days' sight 19 1/4
On Batavia:—
Credits 4 months' sight 1187
On demand
On demand
RAYON OUTPUT
Production of rayon yarn and rayon staple fiber in Germany:
LONDON BULLION
SHIPMENT
London, July 1 (Reuter).
during 1938 was sharply in excess The P. & D. Liner Carthage 'is of 1937. Staple Aber output carrying specle valued at £82,100 increased from 224,869,000 pounds
in 1937 to the all-time high total
of 341,713,000 pounds in 1938.
On demand
04
On Paris:-
Bank Bills, on demand 1085
·On Saigon -----
108 1/4
On Manila:--
On Bangkok -
On demand
150 3/4
capacity for this item is estimated
Sterling Notes:
at about 434.000.000 pounds, indica-|
Bank Buying Rate
1/8 15/16
·Bar Süver per os.
17 15/18
1938..
As the actual German production
including:
Calcutta, Gold, £2,500.
Bombay Silver, £49,000,
Hongkong Imperial Coins, £10.-
000.
18.40
·SHAREBROKERS ASSOCIATION
FRIDAY 90. JUNE.
Banks
Do. (Col. Bag.)
$1398 H.K. Banks
£30
Do. (Lon. Eng.)
£7
Chartered Bank
$80
$430
$185
****
2354 | Marcantile Biki. "4" £19 Mercantile Blu, “O' Bank of East Asia.......... N. C. & 8. Banks ... Insurances
Canton Ineursnees
+
-3437) Union. Insurances ...
$1.35 Underwriters
.367 $15
E.K. FEM....
Shipping
Dougies pe Stboats
$80 Indo-China
130 Indo-China
81/3 Shali
(Pro)
(Daf.).
$8.10 Waterboat.....
Docks, Wharves,
Godowns, eta.
$110 H.K., & K. Wharved- $4,85 | Providente
Boys Bollars' Balan
#1835
€801
EBO..
នារ
$80
150 ots
$995.
#1
1448
$185
•
367
$16
$50
New York, July 1, 1939.
SINGAPORE RUBBER
320
June 30
81/3
buyers
sellers
July 1 buyers sellers
change
SPOT
28-3/8
-28-5/8
23-1/8 28-3/8 – off -1/4
AUG.-SEPT............ 28-1/2
23-3/4
28-3/8 29-5/8 of 1/8
110
OCT:-DEC.
14.60
Providents (now)')............ $18.90 H.K. & W. Docks... Do. (now)
#18
8108 £8.30
17/9
New York Exchange
New York, July 1 (Reuter). T.T. on London (Opening Rate). closed.
India Rupee Paper
Bombay, July 1 (Reuter). Govt, 34% Rupee, 95-0-0.
Calenta Exchange
Calcutta, July 1 (Reuter), TT on Japan, 78-5/8
SILVER MARKET
LONDON SILVER
London, July 1 (Reuter). Sulver-India bought. Specula- tors bought and sold. Business moderate. Market quietly steady.
Spot, 18-1/18d. Forward, 17-11, 16d.
NEW YORK - SILVER.. New York, July 1 (Reuter), Official price, unquoted, "
BOMBAY SILVER
Bombay, July 1 (Reuter). Market--Uncertain.
Indian Mint Silver
The steamer, Shillong is carry-
tions are that the 1939 output may ing £500 worth of silver to Ran- materially advance over that of goon.
German plants produced 143,-1938, an increase 209.000 pounds of rayon yarn in pounds over 1937.
"
of 17,637.000
$38
#3
NEW YORK STOCK EXCHANGE
Amerada Corps. Amer. Can
Amer. & Foreign Power Amert & Foreign "#7-pf.... American Gas & Mec...... Amer. Locomotive
QUOTATION
|J. & Laughlin Steel $7 pid. *40 *.
d!
#
28-9/16 | 28-13/18 28-1/2 283-3/4 off. 1/16
The market opened 1/8 of a cent higher for all deliveries as com- pared with Friday's closing rates,
The market displayed a steady undertone with a good demand for "actuals" by consuming centres. There were also fair' enquiries for futures by dealers and speculators in evidence. **
The better sentiment was attributed to more reassuring political news from Europe as well as to a continuance of encouraging busi- ness prospects in USA., although Motor-car production showed a sightly more than anticipated decline for the week ending June 30, which however, was ignored by the market.
Closing tone was quietly steady.
LONDON RUBBER
Previous close buyers sellers 8-3/16 8-1/4 8-3/16
8-7/16
8-3/6 8-1/2
Today's close buyers" sellers
change
CLOSED
NEW YORK COTTON
The market again displayed an easy appearance" at "to-day's opening, with a lower adjustment of prices. However, a better tone. was evinced later, and the market became quiet bat Arm. Prices ad- vanced on trade and speculative buying. "Bear": covering also im- parted some impetus to the advance. Some strength in "spots" was in evidence. However, uncertainty continued to prevail over the sub- sidy question. On the whole, price movements were confined to a narrow range.
$440
MONDAY, JULY 3, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO,)
#108. Shmaghai Docks 6. 98.30 New Engineerings 8.
Mining
17/9 Kailas
Rsubs
Venezuela Gold Fide cta Hong Kong Minas ... Lands, Hotels and Buildings
$5.70 H.K. Hotali H.E. Lands
Do. 4% Debonturas
Shanghai Lands 8.
1180 H.K. Emaking
$81 Humphreys *........................... $100 Chinese Estates......
Cotton Mill
$18) (8.)....... 8113 Bhal Cottons (8.) 843Zoong Blogs (8.)
140
!!!!
***
*******
$6.70
$35,80
$100
$4.80
$18.40
SPOT
OCT.-DEC.
$18.80
#110
JAN.-MAR.
340
Market closed.
$481 Wing On Textiles (8.)
Public Utilities
$45
$16.60
Tramways
$18.60
$7.40 Peak Trams (old) ...
$3.70 Peak Trame (Dew)
$7.40 13.70
$861 Sier Ferries
$32
'mati Farrion
#291
Do. (new)
Chin Lights (0)
$8.30
$6.50 Chiza Lights (New)
$5.25
Chins Lights Rt.
855
H.K. Electric
$551
#18
Macao Electrica
m2
Sandakan Lighti
$25 Telephones fold)
324
NEW YORK'RUBBER
$7.70 Talaphones (saw) p
*$7,30
20/0 Tractions
27/.
Market closed.
22/8 Tractions (pre)
At IndustrisiĪŠ
1
CHICAGO WHEAT
$14
Cald., Macg. (Ord.) 8.
$13
Cald., Macg. (Fref.) 5.
$1. Cantón Ices
$1
Comenta
:
$1.65 Constructions
Ready
July 2 Settlement
Aug. 11 Settlement
49-02
Barber Asphalt Co
111
味
314
$3.76 Bopes
Miscellaneous
821 Dairy Farm (Old)
$21
Dairy Farm (New)
88.90 Ch. E'tainments.****
Constructions fiww)
$74 |Land Crawfords
Nanyang Tobecoo
$131
Prices moved lower on hedge-selling and profit-taking. Reports of heavy receipts were the cause of general Ilquidation.
13.80
8913
$31
$8.00
New York Stocks.
Previous
To-day':
close
close
Change
130.63
131,73
op 1.10
(old)
$1.50
871
N. American Aviation
$1.80 Binceres.....
$1.08
49-02
140
Barnsdall On
North American Co.
$8.15
Watson
$8.45
.49-09
Bendix Aviation
211
202
46
Northern Pacific
Bethlehem Steel
524
71
Ch. 0.5%, 1995G #Bd#. [H,E, Gors, 4% Lower
***
40%
$104
Pacific Gas & Elec.
$100
LONDON METALS
"EXCHANGE
London. June 30 (Reuter)..
Bliss & Co.
81*
30%
Pacific Lighting”.
Boeing Airplane Co.
191
451
941
Packard Motors
$7
Borg-Warner
214
31
Paramount Pictures
Biggs M'facturing
181
Ba
Pennsylvania R.R.
Brooklyn-M'hattan Trans.
111
18
Phelps-Dodge
COPPER
324
B'klyn-M'hattan $6 cum pl.
Phillips Petroleum
buyers
sellers
323
Canadian Pacific, R'way,
Public Service of N.J.
3
£
364
Case, JI.
Pullman Inc.
Standard, Cash 42-5/16 Standard,
42-7/16
Celanese ....
217
243
Pure OK
Chesapeake & Ohio
31
61
Radio Corpn. of Am.
41
3 months 42-11/16 42-3/4 Electrolytic 48
48-3/4 TIN Standard, Cash 229-3/4 230 Standard.
3 months 224-1/4 "224-1/2
LEAD
Foreign,
Official Price 14-11/16 14-3/4".
Foreign. Oficial
3 months 14-11/16 14-3/4
SPELTER
Ordinary.
Official Price 13-15/16 14-1/18
Ordinary, Official
3 months 14-3/16 14-1/4
Final. Afternoon Transactions
Tin, Standard, Cash, £229-7/8 | Eagle Picher Lead
paid and buyers.
Tin, Standard; 3 months, £224-
1/2 paid and sellers.
LONDON GOLD
London, July 1 (Reuter). Bar Gold, Fine per oz., 148/61. Dollar Parity, 1d. premium,
U.S. MONETARY
BILL VOTE WASHINGTON, July 1
Elec. Power & Light $7 pt. Filatkote
Food Machinery Corp."
Gen. American Trans.
Gen. Electric ........
Gen. Motora
ter-After a late sitting the Goodrich $5 pf
Senate agreed early this .mora. ing to vote on the controver stal Monetary B, which con- tinues President Roosevelt's power to devalue the dollar.
The Presidential powers ex- pired at midnight, and Repubil- cans carried On Obstructionist tactics with the alm" of. pre- venting a vote on the B before midnight:
the
Administration contend. ed, however that even 12 the mear Was, passed after mid- the President's powers
would be revived.
The Hause.
of Representatives oneviously supported
inistration by approving the
229 votes to 160,
Goodyear Tire & Co. Great Northern Iron Ore Great Northern Rly, pfd. | 193 Great Western Bugar...... Greyhound Corpă ........................... Hecker Products ..... Homestake Mining Industrial Rayon International Harvester
Chrysler Corpn.
677
54
Republic Steel
Columbia Gas & E
58
14
Reynold Tobac, “B”
Columbia 8% "A" pl.
831*
'381
Richfeld Oil
Commercial
432
Safeway Stores
Commonwealth & 8. (ord.)
11
391
Schenley Distilers
C'wealth & S. 8% cum pl.
"111
Consolidated Edison
292
| Schenley, 54% pfd.
Sears Roebuck
"
Consolidated 011
T
747
Continental Can
352
Seversky Aircraft
34
Shell Union Dif
Continental Oll
21*
101
931
Corn Products
61
Socony-Vacuum Ofl'.
11
Curtiss Wright (C.)
$
Southern Pacidet
137
Curtiss Wright "A"
231
Southern Rly $5 pfd.
-191
Deere & Co.
181.
Sperry
40
Distillers Corpa, BeagramS
17
Standard Brands
01
Douglas "Aircraft
65
Stand Gas & Elec.
21
Chin, 44% Anglo-French
Du Pont de Nemours
149
Standard Oll of California
-261
Loan, 1908*******
72
Standard Off of K.J.............
412
Chinese 5% - Crisp, Loan,
Eaton Mig Co.
201*
Btone & Webster
97
Elec. Autolite
*294
Swift International
25
1912...cozytom
Chinese 5% Rearg, Loan,
1913 (Ldn. I) NI
Elec. Bond & Share ........................
Technicolor
15
Elec. Bond & Share $5 pt.
Texas Corpn.
361
Elec. Bond & Share $6 pí.
62
Texes Gulf Sulphur
20+
Trans-Amèrica Co.
51
Loan
18
20th Cent. Fox.
271
20th Cent. Fox. $1j pí.
30
Honan Rly, % ́...
*451*
Union Carbide & Carbon
·∙734.
33+
Union' Pacific
BII*
Hakuang Rly. 5%. 1911.
Chinese 5% 8ter. Notes,
1925 (Vickers)
Chin Linperial Rhy, 6%
Rukuang Rly. 5%, 1911 14
(Cerman Issue)
411
United Aircraft
341
Gen. Railway Signal ......
147
United Airlines Trans. ....!
Lung Taing & U. Hal Rly.
201
5%
"General Tire & Rubber Co - 201
Glidden Co. (Reu-Goodrich (B.F.)
United Corpn. Jen
21
United Corp. $3 cum pt. 34
164
United Gas Corpn.
United Gas Improvement 124
252.
UB. Rubber
134
U.B. Rubber sa pidi
103
U.S. Steel
447
Vanadium
19.
Shai-Ning Rly 5% 17
Hentain-Pukow Rly.5%
(Brit. Stpd)
Tientsin-Pukow Rly 5%A
(German Stpd) .....
Tientsin-Pukow Rly. 5%
(Brit, Stpd. Supi, Loan) 12 Tientsin-Pakow Bly 6%
171
Warner Bros. Plét.
11
Westinghouse - Mac. m
35
(Ger. Stpd. Supl. Loan) 12 Jap. 5% Bter Loan, 1907 33
*82}}
Woodward. Iron Cor.
21
Chase National Bank
151* 313*
55
National City Bank
241
*---bid
1939
High Low Dow Jones Arecago 15485 121:44 20 - Industriala
3423-9414 10 Bail
36.52 20.77.90 Utilities
the
99.2987.0640 Bonds
88.24
51.09 45.09 11 Commodity Index
Jane 30, High Low Close Change 130.83-121.87 180.62 131.78 1.10 up 96.08.195,812) 95.03.08 up 25,85 29.97
12 up 88.13 9.97 23.09
88.39 0 up 49.04.20
·Businen Done!—190,000 shares.
Chosen Corpo
Pekin Synd
Shaf Mec, Bhal Water
DOW JONES AVERAGE
July 3, 1980.
Jap. 8% Ster. Loan, 1924 41 Ger, 7% Intl. Loan, 1924 331
Chartered Bank enny
HX. & Bhal Bank (Ldn.
Reg.)
HK & Bhai Bank (Col
Chinese Eng. & Min
(bearer)
བྷཡཝཱནྡྷ ནྟིཙ སཙྪ བ ས ལ བ E, ཚན ཐ ུསྐྱ་ཆེ་མི་B ̈མ
B.-A. Tob. (bearer) Cammell Laird, ord. ..
484 95
par H.K. Govt. 34% Lowa
H.K. Wing On
B'hai Wing On
#8 Vibro Piling
14/1† Marmans Inv. (Lon.) 4/0 Maramans Inv. (H.K.) $1 Wm. Powells
to Shanghai
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, June 30.
The following quotations aró 'the middle prices at the close of the market in London. Alļ quotations are, subject to confirma- tion and no responsibility is assumed for errors in transmission.
War Loan, 31% (Red
after (1952)
Canton-Kloon Rly. 5% 14 Chinese 41% Gold Loan,
1898 (Brit. Issue) 50 Chinese 5% Gold Bonds,
1925-7....
Unton Insurance. 26-7/9* Gula Kalumpang Rubber 1778 Allled Ironfounders ... 17/3 Asso, & Elec. Industries 38/10) Austin Motors, ord... 28/9 Cable & Wireless, New
Form, ord.
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)
New York Cotton, Octo." New York Rubber, July Chicago Wheat, Sept. Chicago Corn, Sept. Winnipeg Wheat, July New York Hides, Sept,
High Low
Close Change Close Close 8.66 8.57 8.81 8.65 .04 up
closed
March
May
Spot
Prev. To
45
16.38 .724 -71 721 494 482 49
*501 10.95
49 closed
71100 `unch.
closed
NEW YORK COTTON
Close
Opening Closing
July
9.30/30
9.29/30
9,35/35
October
8.81/61
8.60/60
8.65/85
.04 up
December
8.42/42
8.40/41
8.46/48
04 up
January
8.31 N
8.30/30
1.35 N
.04. up
8:23/23
8.21/20
8.21/27
04 up
8.17/17
8.15/15
8.21 N
104 up
9.71 N.
9.75 N
.04 up
Change
סט, 06.
The last notice, day for July, cotton is 14th.
7
Mexican Eagle
7/3.
Courtaulds.....
25/3
July
Distillers
Dunlop Eubber
Gen. Electric (England) 74/44 Guinness (A) Son & Co. 106 Hawker Siddeley Aire.... 17/8
-97/04 28/3
September
December March
NEW YORK RUBBER
16.36/38
10.35/35
CLOBED
16.35/40
16.40/40
The last notice day for July rubber is 27th.
Bristol Aeroplane 19/101 Imperial Chemical. Ind. 29/11 Imperial Tobacco
CHICAGO WHEAT
126/3
Marks & Sp'cer "A" ord. 57
July
704/708 !
897/70
Rolls Royce......
101/3
Leyland Motors
88/9
Tate & Lyle ....................... 81/3 Turner & Newall ...
September December
Friday's
72/72}
721/123
711/714
·734/734
173/73|
123/727
580,000 bushels
United Steel
75/6 23
CHICAGO CORN
amethwick Drop Forg. 14/8. Armstrong Stevens, ord. 5/8
Pressed Steel. com...
18/9
Vickers, ord.
18/3
July September December.
487/47
487/467
Woolworths
61/3
Anglo-Dutch.
23/3
487/48-
49/481 601/501 ·502/504 501/501
WINNIPEG WHEAT
487/49
unch.
unch.
Rub, Plant, Invest, Trust 26/7
Burma Corporation ... 7/6 Commonwealth Mining
Randfontein Estates
Anglo-Iranian Burmahe
17/9
Marsman Investments.....14/1}
Western Holdings it, Sub-Nigel
Tanami Gold Mining...
Shell Trans.
(bearer)
Noming). texdlvidende
"July":
October December
592/697
·01/81)
CLOSE
621/621
38/3 11/44 202/6/ 44d
NEW YORK HIDES
September
10.95/95
CLOSED
170 2
December
11.20/21
67/0
NY Bulver Omcial
37-3/4
NY-London Cross Rate 4,68-1/8
Unqu
Septemeer
NEW YORK STRAITS TIN
48.2012/78%
CLOSED