PAGE 12-HONGKONG DAILY PRESS
Finance and Commerce
MONEY AND
EXCHANGE
SILVER MARKET
London, Aug. 1. (Reuter)...
LONDON SILVER Silver-Bears, covered, Business
CLOSING QUOTATIONS very small. Market quietly steady.
AUG. 2, 1939
On London:-
Telegraphic Transfer. 1/2 19/32 Bank Billa, on demand!/8 19/38 Credits 4 months' sight 1,9 37/39
On Shanghai:
Ön demand
On Singapore:-
On demand
On Japan:-
On demand
'On India:-
310
DI 3/4
104
Telegraphic Transfer. 181 1/4
and demand
'On New York:—
Bank Bills, on demand 28 7/16 Credits, 60 days' sight x9 15/16
Un Batavia:—
In the afternoon, the market was very quiet but steady.
Spot, 16-13/18d. Forward, 18-7/161.
NEW YORK SILVER
New York. Aug. 1 (Reuter). Offcial Price, 34-3/4.
BOMBAY SILVER Bombay, Aug. 1 (Reuter).
Indian 'Mint Silver
Market.-Closed,
LONDON GOLD
London, Aug. 1 (Reuter). Bar Gold, Fine per oz, 148/84. Dollar Parity. 1d. premium,
LONDON METALS
EXCHANGE
London, Aug. 1. (Reutër),
COPPER
buyers sellera
£
| Standard, "Cash. 43-3/4
Standard.
£
43-13/18
3 months 43-15/16 44 ...... 49-1/4
STOCK EXCHANGE
Bayars | Ballers
FINANCE
HONGKONG SHARE QUOTATIONS
العصا Sales Main
$1398
ex.div, £764
BRABERHOKERY ASSOCIATION
WED:
AUG.
Banks':"
2.
Bayara Baljane,
› Balne Worstnam
EI.K. Banka mencion
Do. (Col. Beg.)
{sz.dir] £74 Do. Lon. Bag). EGT Chatared Banks ........
1.
234) Marcantile Bka. "A"
213 Mercsabile Bk. “O” $80 Bank of Bast Asia ........
N. C. & & Hanky
4. Insurances.
$1320| C.D.
XD. £76) ID
£74
BG
£144 £13.
$78
[50.c
$300
$323 Union, Insuranose
$1.35
Underwriters
$508
$185 H.
Firts ..................
$185
Shipping
387
Douglass
#67
$16
Steam banta
$15
$60
Indo-Chinse
(Prol.)
$50
$30
850
$900 Canton Insurances
1147 11:
50
$1.33
Electrolytic
TIN
Standard, Cash 229-7/8 Standard,
230
3 months 225-1/8
245-1/4
LEAD
Foreign,
Oficial Price 15-1/4 Foreign, Oficial
15-5/16
3 months 15-1/4
11 SPELTER
15-5/18
Ordinary,
Official Price 14-9/16. 14-5/8 Ordinary, Official
3 months 14-3-4 14-13/16 Final Afternoon Transetions Tin, Standard, Cash," £229-7/8 buyers.
On demand
63. 3/8
On Parts:-
Bank Bus, on demand 1073
Credits 4 months" sight 111
Un Saigon
New York Exchange
On demand
107
Un Manila:
On demand
On Bangkok -
On demand
37 1/8
153 1/4
Sterling Notes:-
Bank Buying Rate
Bar Silver per oz
1/2 13/18 18 13/18
NEW YORK STOCK EXCHANGE
New York, Aug. 1 (Reuter). T.T. on London (Opening Rate), 4.68-1/8.
Tin Standard, 3 months, £225 buyers.
!!!
!!!!
#1:
***
##
$16.30
ludo-Chinas (Def.)...
86/0 Shells
$8.10 Waterboat
Docks, Wharves,
Godowns, etc.
$103 H.K. & K. Wharree! $10
$4.30 Providenia
Providents (new)
$4.95
1404
HL & W. Docka... Be
Do. (new)
$108,Shanghai Dook 8.
$9,30 New Engineerings
15/6 Kitana
$8,40 Raube
#4
Mining
Vabarnala Gold Fide
Hong Kong Mineo ..... Lands, Hotels and Buildings,
$8 H. Hotels........
$34) H.K. Landa män...ä. #344
Do. 1% Debentures
#O
Shanghai Lands B.
4.K. Remitina.
Homphreys
$100 Chinese Estate....
Cotton Mills
$10
25
THURSDAY, AUGUST 3. 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.) \
New York, August 1, 1939.
SINGAPORE KUBBER
S
$16.30
::
i
81/0
IM
$108 $8.30
13/6
SPOT
OCT.-DEC.
July 31
huyers
28-3/8
August 1 sellers buyers sellers change 28-5/828-9/18 28-13/18 up-3/16 28-6/8 28-7/8 28-3/4 28 a
up, 1/8 28-11/18 28-15/16 28-13/16 29-1/18. up 1/8 The market opened 1/16 of a-cent higher for all deliveries as compared with Monday's closing quotations.
JAN.-MARCH
Quiet and dull conditions were prevalent in to-day's market des- pite the fact that the London and New York market ruled steady.
It would seem that apprehensions of labour troubles in the American Motorcar Industry assuming larger proportions were res- ponsible for dealers and speculators observing a more exutions at- titude. However, fair enquiries for "spot" Rubber by consuming countries were in evidence.
..
Overnight cable-reports on further business expansion in USA. $5.30 continue to be satisfactory and pending clarification of the terma- tiqnal political situation fair price-Improvements may be expected in" que course of time,
+
LONDON BUBBER
THIS
$1,80
$7.90
QUOTATION
Previous close
was
י
Market Report
FROM ROZA BROS. The price for Ready Silver was. unchanged yesterday at 16.13/16 but the Forward rate dropped 1/18 to 16.7/16. Silver advices reported the market as being steady but quiet... with some bear covering. Business
Small Was Bliver was Spot.
Adams Express Alleghany Steel Co. Alked Stores Allis Chalmers
Aluminium Ltd Amerada Corps. Amer. Can........
quoted at 34.3/4 for Amer. & Foreign Power
The London-New York cross rate was quoted at 488.12 New
York-London was quoted at 468.-
1/8.
.Market
Quietly steady.
Sterling
Amer. Locomotive
Sellers at 1/2.11/16 August, 1/2.-Amer. Tel. & Tel
21/32 September-November
1/2.5/8 December-March, buyers at Amer. Waterworks. 1/2.23/32 Cash, 1/2.11/18 October
and 1/2.21/32 January.
U.S. Dollars
Nothing doing. There were sel-
lers at 23.5/8 August, 23.9/16 Sep. Barber Asphalt Co tember and 28.1/2 October, buyers Barnsdall On
at 28.11/16 Cash, 28.5/8 Septem-Bendix Aviation ber and 28.9/18 October
Shanghai Dollars › Opened with sellers at which rate some business Towards the close there were sel-
ters at 323, buyers at 331.
Shanghai Market
Steady. Opened with sellers at Case, J.I. 4.13/332. The highest rate done Celanese
was 4.1/2, Subsequently the selling Chesapeake & Ohio rate receded to 4.13/32 for. Spot.
Shanghai Exchange
Shanghai, Aug. 2 (Reuter).
Offcial T.T. Rates
Chrysler Corpn.
Colts Patent Fire-Arms
Columbia Gas & El.
STOCKS
Last Bale
AUG. 2, 1939
Aug. 1
STOCKS
Last Sale
#11:
$18.40Kw (8)
To-day's close
$18.60
$106 8'hal Cotions (8.)
$110
buyers, sellers buyers
EAS
Zoong dings (9.)
$40
SPOT
8-7/16
8-1/2
$48
Wing On Textiles (8.)
$45
OCT-DEC.
8-1/2
8-5/8
sellers
8-7/18 8-9/16 unch. 8-1/8 8-9/16
change
81
Aug. 1
Public Utilities
JAN.-MARCH
8-9/16
8-11/16 8-9/16
8-5/8
187
Int. Tel. & Tel.
16.70
Tramways
$16.70
01
Johns Manville
78
$7,40 Peak Traps fold)
Market quietly steady.
36
J. & Laughlin Steel 37 pfd.. 45*
$3.70 Peak Trams (now)
8861 Star Ferries......
Iza
Kennecott Copper
#7.40 $3.70 011
36
$92Y'mati Ferries
$23
837
Lakey Foundry & Mac
31
American
100
Libbey-Owens-Ford
Glass
504
88.20 Chins Lights (0)
Do. (W)
$7.90
21
Lockheed Aircraft
281
$5
China Lights (New)
$4.80
American Gas & Elec
Ameri & Foreign $7 pi...
231
Loew's Inc,
45%
Chins Lights Bts.
363) H.K. Electrica
371
Manhattan Shirt Co.
#63)
#831
127
#18
Macao Electrku
18
Martin, Glen L
34
$14
Sandakan Lights ...........
Amer. Metals Co.
281
McKesson, Robbins
173
$92 Telephones (old)
#29)
Amer. Radiator
12
Monsanto Chemical
103
$7.60 Telephones (new)
Amer. Rolling Mil ......
15
įMontgomery Ward
18,0 Trsations
531
Amer, S'ting and Ring Co.
481
National Cash Register Co. 194
Amer. Sugar Ring "...
16
Mat. Dairy Products
171
$14
167
Nat, Distillers
244
$13
and Amer. Tobacco “B”
86
National Gypsum
133
111
National Load
221
Anaconda Copper
261
Nat. Power & Light'
9
Atchison, T. & S. Fe..
291
National Steel Corp.
65%
Auburn Motors...
Nat. Bupply Corpn.
81
Baltimore & Ohio
51
New York Central
15
131*
Niagara Hudson Power
71
134
N. American Aviation ....
162
25
North American Co. .........
24/
Bethlehem Steel
624
Northern Pacific
1: 91
Bliss & Co.
103
Owens-linols Glass Co.
***
91/6 Tractions (prof.) Industriais
Cald., Maag. Ord.) 8. Cald,, Macg. (Fref.) B.
Canton Loon <*****
819.80 Cementa
$3.76 Ropes ..............
Miscellaneous
$911
Dairy Farm (Old) 120 Dairy Farm (New) $8.99 Ch. E'tainments
$1.5b Constructions
$71
Constructions (new)
66
Boeing Airplane Co. Borg-Warner
23
Paciic Gas & Elec....
33
'261
Pacific Lighting
50
$102
done.
Biggs - M'facturing
22
Packard Motors
31
$091
Brooklyn-M'hattan
Trans.
121
Paramount Pictures
91
B'klyn-M'hattan $8 cum pí.
437
Pennsylvania R.R.
18+
Canadian Pacific R'war."
44
Phelps-Dodge
383
74
Phillips Petroleum
351
****
271
Public Bervice of NJ.
397
***
$8.90
い
(old)
Lane Crawforda
$74
Nanyang Tobacco .... $1.80 Boer
$1.98
$8.40 Watsons
$8
33%
Ch. G.5% 18250 $Bdz.
33
H.K. Gort. 4% Loss
$109
H.K. Gort 4% Low
390
841
H.K. Wing Ou
'hat Wing Oa
14/8
.4/0
J
81
$12.60
33.80
3314
BAL
F
New York Stocks
NEW YORK COTTON
The market advanced slightly on good buying and covering. Re- ports of less favourable weather in cotton growing areas were also a market factor.
NEW YORK. RUBBER
The market was quiet and featureless, with only a slight drop in prices at the close. There was mild buying by consumers.
CHICAGO WHEAT
Prices moved lower in sympathy with the Liverpool and Win- nipeg markets.
More favourable weather conditions, including sporadic rainfall," and selling assisted the downward trend,
Previous To-day's
close
close
Change
143.26
143.36
10
N. Y. Commodity Market
$9
351
Pullman Inc.
Balne
273
821
Pure Of
71
·81 **
Radio Corpn. of Am,"
7+
Reading Company, lat pfd
23*
Columbia 8
"A" pt.
85
Remington Arms Co, Inc.
31
Commerstal !
Republic Steel
174
Commonwealth & 8. (ord.)
14
Reynold Tobac. “B”
39
Opening
C'wealth & 8. 6. cum pf.
701
Richfield Of
London
New York
Japan...
Consolidated Edison.
324
Safeway Stores
46
0/4 7-3/4
Consolidated Ofl
7%
Schenley Distillery
29-1/2
Continental Can
39
Schenley, 54% pid.
22-1/4
2.94
27-1/8
$8-5/8
8-7/32
India .....
Parts
Hongkong
Open Market-Selling Hate
Sterling
Bellers
Opening Closing Spot ...... 0/4-13/32 0/4-13/32 'August" ... 0/4-1/32 0/4-7/32
0,6. Dollars Bpat $8-19/32. August ... 7-27/32 Market: Stendy.
Merchant Baten Sterlin. 0/4-3/8. US Dollars, $8-1/2.
India Rupee Paper
"Bombay, Aug. 1. (Reuter). Govt. 31% Rupee Closed,
Calcutta Exchange
Calcutta, Aug. 1 (Beater). TT on Japan, 78-172.
London Exchange.
London, Aug. 1 (BW8). Closing mean rates were:- Paris, 176-23/32. ··
New York, 4.68).
Montreal, 4.68 Brussels, 27,55). Geneva, 20.75). Amsterdam, 860). 'Milan, -89.
Berlin 11.661. Stockholm, 19.41.' Buenos Aires, 20.20. Alver Spot, 16-13/16. Forward, 18-1/8. - Other Rates Unchanged.
| General Tire & Rubber Co 22/
Great Northem Rly, pfd. Great Western Sugar Greyhound Corpn."'" Hecker Products ...
Hercules Powder Co, Homestake Mining Industrial Rayon s International Harvester Int. Nickel
Continental Oil.
21
Beam Roebuck
781
£
Corn Producta
821
Seversky Aircraft
3
tr
Curtiss Wright (C.)
51
Shell Union
....
11
Curtiss Wright "A".
251
Socony-Vacuum Oil
11:
War Loan, 34% Red
after 1952)
91+ Canton-Kloon. Rly. 5% 12
Deere & Co.
201
Bouthern Pacific......
171
Distillers Corpn. "Beagrams
131.
-Southern Rly $5 pid. ji..........
Douglas Aircraft
694
Sperry
432
Du Pont de Nemours
160
Standard Brands.
61
Eagle Picher Lead
97
Stand Gas & Elec...
22*.
Eaton Mtg Co.
.251
Standard Oll of California.
21 +
Elec: Autolite
361
Standard Of of N.J.
414
, 1912
Elec. Bond & Share
".92
Stone & Webster
121
Elec. Bond & Share 35 pf. Elec. Bond & Share $5 pf.
Swift International
27
69
Technicolor
154*
The Power Light #1 p. funtkote
32texas Corpn.......
36.
207
Texes Gulf Bulphur
28)*
Food Machinery Corp.
331
Trans-America Co.
51
Loan
Gem. American Fratm, ...
50
20th Cent. FOX......
201
Gen. Electric
38
20th Cent. Fox. $li pt.
Gen. Motors
401
Union Carbide & Carbon
83
Gen. Rallway Bignal
Union Pacific
99
United Aircraft
384
Glidden Co.
18
United Airlines Trans.
124
571913
Goodrich (B.F)).
.181
United Corpn.'.
31
Goodrich 35-pf.
67
United Corpn. Cum pf. 39
Goodyear fire de Cas
Daited Ges Corpn..
2
(Brit. Stpd.)
Great Northern Iron Ore
148
Uulled" "Gha': Improvement. "134.
28
US. Rubber
452
2251-
U.E. Rubber 38 pitd.
-111
·18
511
121
Vanadium.
24
78
Warner Bros. Pict
51
632--| Westinghouse Léc.
*108
27 Woodward Iron Cor
181*
541
504
Chase National Bank” National City Bank
32*
bid
1-ex dy
DOW JONES' AVIZAGE":
བྷ 8 8 སྠཽ ་ ལ་ བཐབ་སྤུ་བའསྤུས ཐ བཅི
Mexican Eagle
Courtaulds Distillers
Chen, Electric (England) 74/8
Imperial Chemical Ind. 29/73. Imperial Tobacco
132/6 Marks & Speer "A". ord. 61 · Rolls Royce
Leyland Motors Tate & Lyle...
Turner & Newall United Steel
1839
* Aug. 3, 1939,
High Low Dow Jones Ayorager, 15485 191.44 10 IndustriAK
* 26:59 1410177500Utili
92:32 67.00 40 Bonds
51.09 26.49 11 Commodity Index 46.39
July 81, High Low Close Change Chiness Eng, & Mining - 142,060 143,60 148.45 143.30 0.10 up
(bearer). 311942 20 15 29.28 0.00 up Chosen Corporation ... 4/6.. 25,95 26.40 25 39 26.21 0.29 up Pekin Syndicate Y 90.37
22/8*
Business Don:-590,000 share
O 90.38 0.05 off Shal ec. Consta Co.
48.14 1.35 off grand Waterw
103/9.
September December
94/9
May
62/6
65/66 661/604": 682/601 Monday's sales: 17,488,000 pushels
CHICAGO WHEAT
657/85
| 642/843
651/651 60/601
18/0 18/71
September December May
CHICAGO CORN
421/421 423/420 421/421 427/421 452/451
411/412
440/447
24/8
HK. & 8'hai Bank (Ldn.
Reg.) HK & STi Bank (Col.
Rezy
Rub. Plant. Invest. Trust 29/6 Burma Corporation Commonwealth Mining. Maraman Investments... 14/6 Randfontein Estates
7/6
October December May
53ib 85/551
WINNIPEG WHEAT
53/53 541/541
+62/521
532/534
581b/57a
38/1
Western Holdings.
11/41
NEW YORK HIDES
Bub-Nigel T
221/3
Tanami Gold Mining..
September
11.4861143/43
11.48/40
781
Anglo-Iranian
76/101
December
1133/87111:80/80
11.81/81
Burman
71/10
NY Silver, Oficial
-34-3/4
43-374
15/8
Shell Trans,
NY-London Cross Rate 463-1/8
4.68-1/8
(bearer)
Nominal
NEW YORK STRAITS TINA
48.15b/452 48.15b/45a 48.15b/458
Vibro Piling
Maramana Inv. (Lou.)-
Marsmaös Inv. (H.K)
Wa. Powells
to Shanghai
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, August 1.
The following quotations are the middle price at the clone of. the market in London. All quotations are subject to' confirms- tion and no responsibility is assumed for errors in transmission.
'Chinese 41% Gold Loan,
1298 (Brit, Issue).... 40 Chinese 5% Gold Bonds,
1925-47......
Chin. 44% Anglo-French
Loan, 1908saire
Chinese 5% Grip Loan,
Chinese 5% Reorg Loan,
1913 (Ldn. Is.)
Chinese 8% Ster. Notes.
1925 (Vickera)
Chin. Imperial Rly. 5%
Honan Rly, 5%
Hukmang Riy. 5%, 1911...
Bukuang Rly. 5%, 1911
German Izsua)
Lung Teing &¤. Hai Rhy
S'hai-Ning Rly 5%
Tientsin-Pukow Rly. 5%
Tientsin-Pukow. Rly. 5%
(German 8tpd.) 12 Tientsin-Pukow. Rly. 6%.
(Brit. Stpd. Supl Loan)-12′′ Tientsin-Pukow Fly, 5%.
(Ger. Stpd. Bupl Loan) 12 JED. 5% Ster. Loan, 1907 31
Jap. 6% Ster. Lonn, 1924 35 Gor. 7% Intl, Loan, 1924 334 Chartered Bant
Dion. Insurance ............** -25-7/8" Gula Kainmpong Rubber 17/6 Allied Ironfounders...... 17/6 Asso. & Elec. Industries 41/7} Austin Motors, ord, Cable & Wireless, New
Form, ord.
B.-A. Tob. (bearer)..
***** 80/71* 23/TH, Smethwick Drop For 15. Armstrong Stevens, ord. 5/9. Pressed Steel, tam, Vickers, ard,
Woolworths
Anglo-Dutch
(By Courtesy of Messrs. Swan, Culbertson & Frits and 8. E. Levy & Company)
New York Cotton, Oct., New York Rubber, Sept.. Chicago Wheat, Sept. Chicago Commi, Sept. Winnipeg Wheat, Oct. New York Hides, Sept.
High
Prev. To-day's
Low. Close Close Change
9.18 8.98 0.08 9.16 58 up 16.63 18,80 18.63 16.802 03 off 657 641" 66 647 11 off
4247-417
53 017 11.55 11.43
531b 524 1 of 11.48b: 11:48.02 off
NEW YORK COTTON
Close
Opening
Closing
Change
October
9,08/08
9,04/05
9.16/18 ·
.08 up
30
December Jamiary March
8.93,93
3.88/89
8,97/98
.05
8,80 N
*8.76/78
8.83 N..
.03. up
8.71/71"
8.63/64
8.75/75
SMALL
May...
8,51/52
8.58/58
02 up
524
July
8.42/42
8.39/38
8.30/36
06. off
92/6
Spot
9.78 N
8.81 N
Cammell Laird, ord.
7/3
7/6
NEW YORK RUBBER
i
97/9
September
Dunlop Rubber.
29/41
December
March
Guinness (A) Son & Co. 108/6 Hawker Siddeley Alt 16/11 Bristol Aeroplane
May
18/11
8.54/56
18.02/03 16.60b/552 18.58b/602
off
∙18.70/70
16.74/74
18.68/88
.04 off
18.73/73
16.76/78
(16.73/73
16.79 N
18.68/70 16,8gb/71a
Total sales for the day:760 tona.
55.6
988
September