Allis Chalmers ..................... Amerada Corps.
| Amer. Can
Amer, & Foreign. Power ... Ameri & Foreign #7 pt....
American Gas & plec
On demand On Paris:
New York, July 15 (Heuter). T.T. on London (Opening Rate), 63 13/16 unquoted.
Bank Bills, on demand 1083
Credits 4 months' aight 1196
108
Uni Saigon --
On demand
Un Manila:-
On demand
On Bangkok -
Calcutta Exchange
Calcutta. July 15. (Reuter). T.T. on Japan, 78-5/8.
57/3 India Rupee Paper
On demand
Sterling Notes:---
Bank Buying Rate
151 1/
1/2 29/32
Bar Silver per oz.
16 7/9
Market Report
Bombay, July 15 (Reuter). Govt. 3}% Rupec, 95-11-0,
Official Price 14-11/18 14-3/4 Foreign, Omcial
14-13/16
. Final Afternoon Transactions.
NEW YORK STOCK EXCHANGE
STOCKS
Silver prices rose yesterday t the extent of 1/18 for Ready and 1/8 for Forward, the gustations being 18. 7/8 and 18. 3/1 respoc tively. Bliver advices reported In- dla sä having bought to a small extent. Speculators operated both Adams Express ........... waya. The market was steady but Alleghany Steel Co.
quiet at the close with sellers at the quoted rate. -American Silver was quoted at 39 3, 7 for Spot.
The London-New York cross-rate was quoted at 483.21. New York- London was quoted at 468. .1/4.
Allied Stores
QUOTATION
Last Sale July 15
431
to
3 months 14-3/4
SPELTER
Ordinary,
Official Price 14-1/8
Ordinary, Official.
PACE 12-HONGKONG DAILY PRESS
Finance and Commerce
MONEY AND
EXCHANGE
CLOSING. QUOTATIONS
JULY 15,1839
On London:-
Telegraphic Transfer. 1/2 23/12 Bank Bills, on demand/2 11/39 Credits 4 months' sight 1/3 31/39 On Shanghai:-*
On demand
On Singapore:—
On demand
On Ispan:-
SILVER MARKET
London, July 15 (Reuter).
LONDON SILVER- Silver-India and speculators bought and sold. Market quietly steady.
JJ
Spot
16-7/8d... Forward ............................. 16-3/8d.
NEW YORK SILVER New York, July 15 (Reuter). Official Price, unquoted.
BOMBAY SILVER Bombay. July 15 (Reuter). Market-Steady Offtake 125 bars.
Indian Mint Silver
LONDON METALS
EXCHANGE
London, July 14 (Reuter).
buyers sellers
F
3
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERY ASSOCIATION
SATURDAY 15,
Mysen | BazarK
STOCK EX CHARES
Nominal
Extrars Bellota Saloo
||
$1360
#1350/40,... H.K. Banky
£78
ET
Do. (COL" Bes) Da (Lan. Bag.) Chartered Banks.....
3921 Mercantile Bas, "A" Mercantile Bla "0"
£IRI
$80
Bank of Fast Asim ... [N." C. & B. Hanks.............
Insurances
Canton. Insurances
$1.35 Underwriters 1185 E Fir
COPPER
3 months 43-1/8 Electrolytie 49
Standard, Cash 42-19/16 42-7/8 Standard,
43-3716 49-1/2
#1230
1415
TEN
Standard, Cash 229-7/8 236 Standard,
$18
59 /18.
3 months 225.
275-1/4
On demand
100
Ready
On India:-
Aug. 11 Settlement
48-03 45-08
$1
LEAD
Telegraphic Transfer.
Sept, Settlement
45-02
Foreign,
|
82 IN
and demand ......
On New York:-
Bank Bills, on demand 28 11/16 Credits, 80 days' sight 29 3/18 Un Batavia :-
New York Exchange
8 8 8 8 8 8 8
***
#990
Union InsuranceA
#1}
#416
$425
$165
Shipping
387
Douglas ESD TO
1967
$16
toma boa ta
360
Indo-Chines
(Prof.)
$30
Indo-Chines (Def).....
82/0
Shails
H::
$16
$50
JULY.
Banks
******
#1350
£78)
ET
£94
£11
MONDAY, JULY 17, 1939.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, July 15, 1939.
"
$108
$4.40
3 months 14-3/8
14-3/18
14-7/16
$8.10 Waterboata ...........................
Docks, Wharves,
Godowns, etc.
H.K. & E. Wharven Providesta
Providente (new)
$17) H.K. & W. Docks...
Do. (sw)
#108 Shanghai Docks B. 18.30 New Engineering 8.
P
$108
MARRIE
$440
$100 $8.30
Mining
17/9 Kailans
17/9
$8.40 Raubs
K
Venesuela Gold Fids | fi
Z
cts Hong Kong Mines ...
Tin. Standard. Cash, £230 sel- lara
Lands, Hotels and
Bulidings
Tin, Standard, 3. months 225- 1/4 paid and sellers.
H.K. Hotala
$5.70
#35 H.K. Lands .........E. | $35)
[Do. 4% Debentures t
#8
Shanghai Lands
1480 .E. Hanltics ......................
JULY 16, 1939 STOCKS
$15)
144
Humphreys
100 Chinese Estates
Cotton Mills
$18.30 Ewo (8.)
#106 S'hat Cottons (8.)
41 Zoong Sings: (8.).... #481 Wing On Textiles (8.)
Public Utilities Tramways
$110
$1.80 Bet
$30
BS/€
SPOT
OCT.-DEG.
JAN.-MARCH
SINGAPORE RUBBER
July 14
July 15 buyers sellers buyers sellera 28-5/18 18-9/16 29-3/8 28-5/8 23-1/3 28-3/4 28-9/16 28-13/16 ..... 23-9/16 28-13/18 28-5/8 · 28-7/8.
change
up 1/18.
The market opened 1/8 of a cent higher for all deliveries as com- 817.10 pared with Friday's closing quotations.
"!
In response to advices received from London and New York, the ruled steadier with fair buying interest for immediate and forward deliveries being displayed by consumers and dealers.
Although speculators were inclined to operate cautiously, sen- timent, nevertheless, was more optimistic due to the fact that American absorption figures for June were generally regarded a3 - very satisfactory" Furthermore, the fair Increase in Motorcar- .. production for the week ending 14th. "Instant also was an aiding factor. For the moment it would appear that uncertainties with regard to the fourth quarter quota announcement on the 25th, in- stant together with possible labour-unrest in USA. did not affect the market.
Closing tone was quiet.
$18.80
$110
Previous close
$40
345
БРОТ
OCT.-DEC.
$16.60
JAN.-MARCH
8-5/16
B-3/8
8-1/2
8-7/16
8-9/10
LONDON RUBBER
buyers sellers buyers sellers 8-1/4
To-day's close
change
CLOSED
Last Bale
July 15
$7.40 Peak Trama (old) 13.70 Peak Trams (new)
$7.40 33.70
"Market closed.
$65 Star Ferrion
865
161
Int. Nickel......
122'mati Ferries
81*.
Int. Tal & Tel.
Do. (Daw)
337"
Johns Manville
$3.35
China Lights (0)
$8.20
73)
35.40 China Lights (New)
$5.90
J. & Laughlin Steel $7 pfd. 414*
China Lights Rin.
981
Kennecott Copper.
342
H.K. Electrica
356
2+
|Libbey-Owens-Ford
Glass
43
$18
Macso Electrica
191
Lockheed Aircraft
$12
Sandakan Lights'
252
NLA
923
361
Loew's Inc.
431
Macke
י:
Amer. Locomotive
174.
Manhattan Shirt Co.......
Quiet,
Sterling
Amer. Metals Co. Amer. Radiator
291*
(Martin, Glen L.......
331
12+
McKesson, Robbins
101*
Telephones (old) 37.80 Telephones (new) 18/0 Tractions
21/0Tractions (prať,))
Industrials
$7.90
22/.
The average forecast of last week's stock of rubber in London and Liverpool shows a decrease of 700 tons."
NEW YORK COTTON
Selling and hedging were mainly responsible for to-day's down- ward movement. Sentiment, on the whole, however, remains good, with new crop' prospects a sizeable influence.
Operators are somewhat cautious, awaiting the latest develop- ments on Capitol HUL
NEW YORK RUBBER
25/32 August-September and 1/2
No business was reported. There were sellers at 1/2 13/16 July, 1/2.
Amer. Rolling Mil ........
131
{Monsanto Chemical
981
$14
3/4 October-November, probably
December, buyer at 1/2 27/32 Amer. Tobacco "B"
Cash, 1/2...13/16 August and 1/2. 25/32 November, probably October
U.S. Dollars
A small business was reported at 28 7/8 for the first half or August. The market closed with sellers at 28 7/8 July 28 13/16 August and 28: 3/4 September, buyers at 28 15/16 Cash, 28 7/8 first hall August and 28 13/18 September.
Shanghai Dollars
Business was done at 225 3/4 for Spot. The market closed with sel- lers at 225 5/8 for Spot.
́Shangha: Market
Steady Sterling sellers were re- ported for near delivery at 6, 9/16
| Amer. Waterworks Anaconda Copper
Atchison, T. &`8. Fe. [Auburn Motors ...
Baltimore & Ohio Barber Asphalt Co Barnsdall O...... Bendix Aviation Bethicbem Steel
Iss & Co.
Chesapeake & Ohio
and 6.716 July, US Dollars, 12. Chrysler Corpn.
3/4 for Spot and 12′ 1/2 July.
Shanghai Exchange
Amer. Sting and Ring Co. Amer. Sagar Bing Amer, Tel, & Tel
431
Montgomery Ward
517
#
918
Zat. Dairy Products
182
$1.10
Nat. Distillers
$12.60
Cald, Macg. (Ord.) 8. Cald., Macg. (Fret.) 8. Canton Ice m Camenta........................
Market close.
$1
$11.60
165
26
National, Gypsu
12
91
National Load ............
21
#21+
251
Nat. Power & Light
$21
3
27
National Steel Corp."
59
Nat. Supply Corpn.
New York Central
41
141
$3.70 Ropesre
Miscellaneous
Dairy Farm (Old) Dairy Farm (New)
$4.90 Ch. E'tainmenta
$1.55 Constructions
Lane Crawfor
**
$3.80
Bazi VAL
127*
Niagara Hudson Power
Bi
N. American Aviation
15+
231
North American Co.
23
Ба
Northern Pacific......
81
97*
Pacific Gas & Elec.
[
314
Boeing Airplane Co. Borg-Warner Biggs Macturing Brooklyn-M'hattan Trans.
23+
Pacific Lighting
472
41.
$6.90
(old) $1
Constructions,
(now)
#
871
Nanyang Tobacco
New York Stocks
$1.80 Bincere
$1.98
$8.40 Watana
$8.40
40%,
Ch. G.5%, 1930 SBdr.
*40°%
144
H.E. Govt, 1% Lönnsa
$104
ex.int.
H.. Govt. 81% Loan
$100
H.K. Wing On
CHICAGO WHEAT
After declining on favourable weather and the lower Liverpool advices. the market steadied on new buying and covering.
The imminence of the US, export subsidy announcement struck a favourable chord,
Previous
To-day's
close
137.57
close Change 137.88
up .31
231
Packard Motors
31
216
Paramount. Pictures
睡
12
Pennsylvania R.R.
172
Phelps-Dodge
'klyn-M'hattan $6 cum pl. Canadian Pacific R'way. Case, J.I Celanese
403
"30
14/0
40
31
4
Phillips Petroleum
342
Public Service of NJ..
382
Pulkman Inc.
234.-
254
Pure Ot....
331
7
751
Radio Corpn. of Am.
51
Republic Steel
Columbia Gas & El
61
152
Reynold Tobac. "B"
40
hai Wing On
Vibro Piling
Marsmans Inv. (Log.)
Marsmans Inv. (H.)
Wis. Powells
#Bales to Shanghal
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
Columbla 6* "A" pl.
Commercial
461
Richfield 01
72
London, July 14.
Commonwealth & ́8. (ord.)
11
Safeway Stores
44
་་
Shanghai, July 15 (Reater).
C'wèalth & 9. 0% cum pt.
651
Schenley Distillers
Consolidated Edison
314
Scheriley, 51 pfd.
74
Official T.T. Rates
Consolidated Of
71
Sears Roebuck,
781
The following quotations are the middle prices at the close of the market in London." "All quotations are subject to confirma- tion and no responsibility is assumed for errors in transmission.
"Q
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and
"S. E. Levy & Company)
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. Winnipeg Wheat, Oct. New York Hides, Sept.
Prev. To-day's High Low Close Close Change 8.85 8.79 8.87 3.79 08 off
16.58a closed
67 .667 1 of 451 45 unch. 55+ 541 547 5424 off
11.40 closed
NEW YORK COTTON
£
London
0/6-1/2
Continental Can
374*
Seversky Aircraft
31*
New York
12-5/8
Continental Of
21
jShell Union Oil;
11
Japan......
46
Com Products
.60).
[Socony-Vacuum Oli
113
War Loan; 31% (Fred
after 1952) Canton-Kloon Rly: 5% 14
Union Insurance
26-7/8"
Close Opening
Closing
Change
Paris
Curtiss Wright (C.)
Southern Pacific
131
Chinese 1% Gold Loan
Hongkong
Curtiss Wright "A".......
251
Southern Rly 35 ptd.
1898 (Brit. Issue)........
Indla
38"
Deere & Co.
191*
Sperry
431
Chinese 5% Gold Bonda,
Spot
July
Open Market-Selling Rates
Spot
Sterling
Sellers
Opening Closing 0/6-9/16. ́0/6-9/16. July0/6-11/32 0/6-27/64 August 0/6-1/160/6-5/32 U.S. Dollars
$12-25/32 $12-25/32 12-3/8 -12-1/2
August... 11-25/32 11-31/32
Market.-Quiet but steady.
Morchant Bates
Elec. Autolite
Distillers Corpn. Seagrams
18
Standard Brands
61
Douglas Aircraft
681
Stand Gas & Elec.......
21
Du Pont de Nemours
1491
[Standard Oll of California.
26
Eagle Picher, Lead
9
Standard Oil of N.J.
Eaton Mig Co. «
251
Stone & Webster
114
Elec. Bond & Share ........
331 B
Swift International
27
̈Chin,” 41% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan,
1912
· Chinese 5% Reorg.. Loan,
{Technicolor
151*
1918 (Ldn. I.)
Elec. Bond & Share 15-pt.
Texas Corpa
36
Chinese 8% Ster. Notes,
"
Elec. Bond & Share 36 pt. Elec. Power & Light #7 pf, Funtkote
68.
Texes Gulf Sulphur
274
1925 (Vickets)
281"
Trans-America Co.
51
Chin. Impérial Rly. 5%
201
20th Cent. Fox.
-20
Loan
Food Machinery Corp. -
31)*:
20th Gent. Fox 313' pf.'.............
Gen. "American Trans. .....
491*
Union Carbide & Carbon
781
Gen. Electric
304
Union Facific......................
97
Sterling
0/6-17/32'
Gen. Motors
451
United Aircraft
37
Gen. Railway Signal
* 104*
United Airlines Trans.
114
Honan Riy, 5%
Hukuang Rly." 5%, 1911 15
Bukuang Rly. 5%, 1011
(German Issue)
Lung Tsing & U. Hai Rly.
US Dollars
$12-11/16
General Tire & Rubber Co 233
United Corp.
-21
5% 1013
༄་བ བབ ལ ས སྡུབ་༢ འ
Gula Kalumpong Rubber 18/10) Allied Ironfounders ...... 17/3 Asso. & Elec. Industries- 39/9 Austin Motors, ord.
October
8.87/87
8.85/34
8.79/19
.06 of
December
8.69/69
8.64/53
8.69/62
January.
8.56 N
8.49/49
8,49 N
πό
214240
28/9
March
8.45/45
8.38/57-
8.37/37
Cable & Wireless, Now
Form, ord, esimen E-A Tob. (bearer)","
on a
May
8.33/34*
8,28/27
8.25/26
.08 off
50
July
8.15b/168.
8.12 N
93/I
Spot
9.77 N
9.69 N
.08 oft
Cammell Laird, ord;
The last notice day for July cotton is 14th,
Mexican Eagle
7/101
Courtaulds
28/3
Distillers
94/3
Dunlop Rubber
26/8
July
„September..
12
Hawker Siddeley Aire.... 17
44
July September
December
Silver Duty Rate
Glidden Co.....
171
United Corpn. #3 cum pi
351
The Central Bank of China's
Goodrich (B.F.)
18
United Gas Corpa.
11
Loadan, July 15 ́ (DWS),
rate on London at 10 am, to-day Goodrich $5 pf
was 1/2-1/2d, unchanged from Goodyear Tire & Co. yesterday..
The Equalisation rate was not Great. Northern Ry, pid. quoted.
London Exchange
Clasing mean rates were:
Paris, 176-22/32. '.
New York, 4.88-1/32.
Montreal, 4.15/16. Brussels, 27.564. ·
Geneva, 20.7.
Amsterdam, 8.791.
Dalian, 89-1/32.
Berlin, 11.661.
Buenos Aires, 20.25...
United Gas Improvement 13
28
US. Rubber .....
421
Great Northern Iron Ore ....
· 14).
US. Rubber $8 píð. mon
-1084
Bhai-N'king Rly. 6% 17 Tientsin-Pukow Bly. 5%
(Brit. 8tpd.) Tientsin-Pakow Rły, 5% (German 8tpd.) .
12
18
23
U.S. Steel
47
-Tientsin-Pukaw Ri. 5%
Vickers, ord
18/3
Great Western Bugar ....
Vanadium
coproepe
214
Brit, 8tpd. Bubl Lean?
Woolworths
64
July September December
Chan Electric (England) 74 Guinness (4) Bon & Co. 104
Bristol Aeroplane ........... 20 Imperial Chemical Ind. 28/41 Imperial Tobacco
128/9 Marks & Spicer #A" ord. 57/4 Rolls Royceorge
*****103/9 Leyland Motors
90 Tate & Lyle
62/11 Turner & Newall ..... 77/41 United Steel22)10) Smethwick Drop Fag. 14/9 Armstrong Stevens, ord. 5/9 Pressed-Bleel, com.
December
March
The last notice day for July rubber is 77th.'
"NEW YORK RUBBER
16.45b/48a
16.52b/582
16.81/81
18.83b/65a
CHICAGO WHEAT-
864/681
66/66
[552/67-
682/107 *681/68] 681/68
607/667 68/681
off
Friday's sales:
18,205,000 bushels,
CHICAGO COREN
433/43 45/457
44/44
Greyhound Corpn.
187
Warner Bros. Pict:
47
Tientsin-Pukow Bly. 5%
Anglo-Dutch
22
Hecker Products
12
Westinghouse Elec..
1017
(Cer, Stpd. Sup), Lɔan)
12
Homestake Mining
Woodward Iron Cor.
177*
Industrial Rayon ̧ International Harvester
264
Chase National Bank National City Bank
254*
Jap. 5% Ster Loan, 1907 30 Jap. 6% Bter. Loan, 1924 35 Ger. % Intl Loan, 1924 331 Chartered Bank
Rub. Plant. Invest. Trust 2618 Burma Corporation... 7/3 Commonwealth Mining Marsman Investments...14 Randfontein Estates
443/444 451/43
WINNIPEG. WHEAT
451/451 46/461
July October
Cember
451b 547/547
541/541
541/644 548/543
561/561 561/50
561/561
36/3
-bid
ex diy, DOW JONES AVERAGE
1819
July 18, 1989,
HK & Shat Bank (Lan.
Reg.) HK, & Shat Blank (Cul
Reg).
Western Holdings
11/6
NEW YORK HIDES
78
Bub-Nigd
Tanami Gold Mining.
Beptember
11.40/40
High Low Dow Jones Averages, July 14, High Low Closs
16485 121.44 20 Industriala
137.57
34.33 9414 90 Baile
STAB
26.52 20,71, 20 ·Utilities
26.81
92.32 87.06 40 Bonds
88.43
Change 1138.12 187,44 327,58 31 up 17.50 27.88 STAB ,04 up 24.77 34,87 24.75 10 0
39.4003 off
Chinese Eng. & Mining
(bearer) "t
Anglo-Iranian
72/6
December
11.89/70
Burman Z
70:17
17/6
Shell Trans.
NY Blver, Omcial... 34-3/455 y-London Cross Rate 486-174-
Closed
Unquoted Unquoted
Chosen Corporation/
4/0
Pekin Syndicatė......
1/9
(bearer)
Nominal
32/6
Shaf Elst. Constr. Co.
|53,09 45.59|| 13 Commodity Index 48,41
Other rates were unchanged.
aminem Dona:--$10,000 shares
B'haf Waterworks-JAK.
191€
Heptember
NEW YORK STRAITS TEN
42748,10b/55a3
Closed