STOCKS
Last Sale!
Aug. 12
STOCKS
Adams ExpreRB mere
B
Alleghany Steel 00. .................... Allied Stares ..
17
Int. Tel. & Tel.
01
[Johns Manville.
Allis Chalmers monograten
34)
J. & Laughlin Steel 37 pfd. 43*
Aluminium Ltd
1201
Kennecott Copper
Amerada. Corps.
Lakey Foundry & Mac..
Abner, Can we
99*
| Líbbey-Owens-Ford
American Cyanamid-B
28
Lockheed Aircraft
Amer. & Foreign Power
24
Loew's Inc. ...............
Sterling
Ameri & Foreign $7 pl....
211
Manhattan Shirt Co.
Business was done during the American Gas & Elec..... course of the morning at 1/2.5/8 Amer, Locomotive ....... for October ang September and Amer. Metals Co. 1/2,19/32 was also done for March| Amer. Radiator
38
| Martin, Glen L.
17*
McKesson; "Robbins.
263"
Monaanto Chemical
101
Montgomery Ward
and February. The market closed Amer, Rolling BM
143
National Cash Register Co.
44
Mat. Dairy Products ......
| Nat...... Distillers
1/2.9/16 Amer. Tel & Tel.
1641
National Gypsumm
B1
National Load
1/2.19/32 Amer. Waterworks
11.
| Nat. Power & Light
Anaconda Copper Atchison, T. & S. Te.
237
National Eteel Corp.
2014
Nat. Supply Corps.
Cements, $12).
PAGE 12-HONGKONG DAILY PRESS
MONEY AND EXCHANGE
CLOSING QUOTATIONS (Shaughal Exchange
AUG. 14, 1939
Ou London:-
Telegraphie Transfer. 1.19/31 Bank Bills, an demandi/3 19/32
Credita 4 months' sight 1/2 27/32
On Shanghai:--...
H. K STOCK
EXCHANGE
The market was particularly dull and "qulet, även for a Monday,
BUYERS
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS" ASSOCIATION
STOCK-FICKLAMGIS
· Busyves | Gallers
Shanghal, Aug. 14 (Reuter).
Oferi T,T. Ratas
Opening
H.K. Bank, $120. d.
London ...
0/3-1/4
H.K Wharves, 3302
$1280 D #1205 ax.diy
New York
6-5/18
HK, Docks, $4.10.
Japan ***
23-1/8
On demand
370
India ***
On Singapore
Paris
18-1/8 2.39
HK Lands 4% Debentures, par.
On demand
51 3/4
Hongkong
22-1/8
Watsons, $74.
On Japan:-
On demand
104
On India-
Sellers
CL
T
****
Spot
3
Un New York:-
Bank Bills, on demand:8 7:18 Credits, 60 days' sight 29 15/16
Aug.
0,3-13/32 0/3-1/2
SALES
U.S. Dollar`
H.K. Tramways, 916.70.
On Batavia:—..
Spot
$6-3/4
On demand
63
Aug.
8-5/8
$8-15/16 6-13/16
On Paris:-
Market:Quiet but steady.
Bank Bills, on demand 1073
Merchant Rates
Sterling, 0/3-1/2-
Un Saigon
US Dollars. $6-15/10.
On demand
106 1/2
MONDAY 14. AUG,
Bayern Bellari
H.K. Banks compet #1265
Da (Col. Bog)
-
$1530 X.D. X.D. £7
2011. Chartered · Banki
·Do. Lon Bag)
29 Mardatis :Bka;” “A” EVE Mercantile “Bang “0”
$78
Bank of East Asia ...
M. C. & 8. Hanks
Par Insurances
$:00 Canton Insurance
397 Union Insurazione...
Underwrites
*3+
$185 HE ‘Vizos
ID. ETH.
Joh
EST
£19
·$74
Telegraphic Transfer. 181 1/4
and demand
Oredita 4 months' sight 1115 )
On Manila:-
Open Market-Selling Rats
.. Sterling
Opening Closing
0/3-15/32 0/3-9/18
Canton Ices, $1.
HK. Gort. 4% Loan, 1024.
HK Govt. 3 Loan. 994.
SELLERS
HK Docks, $41.
Union Ins.. $380..
Dairy Farms (N), $19},
Finance officials said active or passive resistance to the restric- tions would be "high treason" and make offenders subject to penalties provided, in a lengthy government
On demand... 37 1/3 BOLIVIA CLAMPS decree, to prevent the "flight of
On Bangkok -
On demand
152 1/4
LID ON TIN
Sterling Notes:-
Bank Buying Rate
1/3 13/16
Bar Sliver per oz.
17 1/8
Market Report
.FROM ROZA BROS. Silver prices rose over the week- end to the extent of 1/18 for Forward, the Ready and 1/8 for quotations being 17.1/8 and 16.3/4 respectively. Silver advices Te- ported the market as being quiet by with small purchases made speculators. Bears also covered to The American small extent.
a
Silver was unquoted.
The London/New York cros3- rate was quoted at 468.12.
Quiet.
Macket
EXPORTS
The Bolivian Government recently imposed strict regula- tions on tin exports, which comprise the bulk
the country's international tende.
NEW
of
national funds."
The decree became effective on. July 16, and ordered all receipts from tin exports to be handled by the Central Bank of Bolivia, which, will pay exporters partly Bolivian currency and will retain 50 per cent of the foreign exchange received to Enance Government expenditures.
YORK STOCK EXCHANGE
.at lunch time with sellers at 1/2. Amer. S'ting and R'ing Co.
5/8 August/September, 1/2.19/32 Amer. Sugar Ring Gezins
April, buyers at 1/2.21/32 Cash, Amer, Tobacco ****
October/January
1/23/8 October March."
and
and
QUOTATION
****
par
{Steamboats
Shipping
367
Doughne
$10
#80
$30
'81/3
Indo-Chinar
Indo-Chinna (Daf.)...
gballe
8.30, Waterbosta
Docks, Wharves, Godowns, etc.
3103) 11.K. & K, Wharves $4.30 Providebita
Frovidenta (new) «***
$10 HK & W. Dock.... Do. (ne)stice $110 Shanghai Dooks B..... 38 New Engineerings E.
Mming
13/S Kailans
$8,40 Baubs
Venestial Gold Fids Acta, Hong Kong Wines ... Lands, Hotels and Buildings
$4.80 H.K. Hotels
#34 H.E. Landa...B
|Do. 4% Debanturca
$7.80 Shangbei Lands 8. 3 HE. Renities .............
88 Humphrey... ..............................
Chinese Estates
Cofton Mills
$98
$18.30 Ewo (8.)
129 Sbst Cottons" (8.) $41 Zoong Kings. (8.) ..... 348 Wing On Textiles (8.)
Public Utilities
$16.70 Tramwaja
$7.40 Peak Trams fold)
$3.70 Peak Trams (new)
Y'ati Ferries
Do. (Deror)
China Lights (0)
$4.90 China Lights (New)
China Lights Ria.
303) EX. Rictar) pe
$1
Maceo lawnshop.
$13 Handakan Lights ......
STT Taphonon (old)
HILUI!
$60
#1: 111
18, 122 12
Gres Tipbon trinh t
900 Tations
Tisations (pral)
Industrials
$14Caid, Kacg. (Ord.) 8.
$13 Caid, Macy. (Frel.) 5.
Canton Lows
$19.60 Comenta
$3.70 Bapel
Miscellaneous"
[!!!
30, eta
$900
#11
1995
$185
$87
$15
850
81/3
$8
TUESDAY, AUGUST 15, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY
OCT.-DEC... JAN.-MAROCH
MARKET REVIEW
(FROM PAYNE & CO.)
New York, August 12.
SINGAPORE EUBBER
August 11
buyers sellers
August 12
buyers sellers
change
23-5/18 28-9/16 28-7/16 23-11/10 up 1/3
***................... 28-1/2 28-9/428-5/8-23-1/8 up. 3/8 28-9/16 28-13/16 28–11/16 28-15/18 up 1/8
The market opened 1/16 of a cent higher for all deliveries as compared with Friday's closing quotations. “THE
SPOT
0103 $4.30
$16
$108 88.30
13/3
$1.00
$1.40
34
The market opened slightly higher, with a better undertoné due mainly to a more favourably interpretation of the political situation, New York bids were on a better basis.
}}
An Improvement of 1/16 in prices was shown near the close.
LONDON BUBBIE
Previous close buyers sellers
*To-day's close
buyers...sellers
change
CLOSED
8-9/16 8-5/8
8-1/2
8-9/18
8-1/2 8-5/8
AUG. 13, 1939
Cast Sale
Aug. 12
B+
69-1
34+"
$85
Star Ferrinë e
SPOT "83). ¦ OCT-DEC,
$100
$7.00
39
110 $40
JAN-MARCH
Market closed.
NEW YORK COTTON
The market continued to lack any fresh features. Export de- mand was very slow. Crop news is favourable. Further Southern selling and straddle' selling on narrower Liverpool differences was noted. Heavy arrival, were in evidence. Some quarter's opinion holds that in" view
of the present favourable weather condi- 818.70 tions, the movement of Cofton will go into normal channels as $7.40, long as it exceeds the new loan price, and that only a short crop $8.70
will justify a further advance, $64
$22
3-**
Olass
49-1
$7.90
251
NEW YORK RUBBER
TH
$7.90
Market closed.
#480
42
unq.
32-1
17-7
11-1*
51-1
17-11
17-1
24-
11-
21
9-+
80-4
1-4
$21
|Dairy Farm (Old)
U.S. Dollars
Aubura Motors...
14
New York Ceritral
14-4
$199
Business
was done during the
Baltimore & Ohio
#
Niagara Hudson Power
7-1
Sterling
course of the morning at 28 1/2 Barber Asphalt do for August and then for Cash, Barnsdall Oil..... The market closed at 1 pm..., with Bendix Aviation selfers at 28 1/2 for cash, 28 7/18 first half September and 28 378 October, buyers at 28 9/16 Cash, 28,1/2 August and 28 7/10 first half October.
Shanghai Dollars Opened with sellers at 415 and the highest rate done was 425. Towards lunch time the rate was quoted at 410 sellers.
Shanghai Market
Opened with sellers of Sterling at 3.15/32 and then receded to 3.7/16. The last rate received was steady at 3.17/32 for Spot."
Afternoon Market
The market afternoon.
Bethlehem Steel Bliss & Co.
Boeing Airplane Co. Borg-Warner Biggs M'facturing Brocklyn-M'hattan Trans. B'klyn-M'hattan $8 cum pí, Canadian Pacific R'way. Case. J.L...
Celanese Chesapeake & Ohlo Chrysler Corpn. Colts Patent Fire-Arms Columbia Gas & Et.........
Columbia 6% A” DÍLNAY
87 * ....... $5-1
Commercial...
Commonwealth & 8. (ord.) 1-1 Cwealth & S. 0 cum pr. 71 Consolidated. Edison
32- Consolidated.Oll Continental Can
wr's quiet In the Continental Ol
Corn Product
|Curtles Wright. (G1) Curtiss Wright "A" Deere & Co.
A small business was done at Distillers Corpa: Seagrams 1/219/32 for February delivery. Douglas Aircraft, dimen The market closed with sellers at Du Pont de Nemours 1/2.5/8 August/October, 1/2.19/32 Eagle Picher Lead November/January and 1/29/16 Eaton Mig. Ou February/April, büyers at 1/221/32 Mec. Autofite for cash, 1/25/8 first half Novem- Elec. Borld & Share
·ber and 1/2.19/92 Márch
U.S. Dollars
Business was done at 28 1/2 for Funtkote... August delivery. The market closed Food Machinery Obsp; with ballers at 28, 1/7. August, 28 Gen. American Trans. 7/18 September and 28 3/8 Octo-Gen. Electric ber, buyers at 28 9/16 Cash, 28 1/2 Gen. Motors frst batt September and 28 7/16 Gen. Ballway Signsl”. October
13
N. American Aviation Arm
16-
121
North American Co.
24
243
Northern Pacine
60
Owens-Minois Glass Co.
82
10*
Pacific Gas & Elec.
$1.80 Sipoeras-
[$8.40 | Watson
33-
217
Pacific Lighting
50
++
24
Packard, Motors.
"3-1
Dairy Farm (New)
$6.00 Chainmanda"
#L56 Constractions
$1
ConstructionE
17: Le Crawforda
Nanyang Tobado
33% Ch. G. 1926 $Bds.
R.K. Govt. 4% Loans $109!
H.M. Gors, 31% Loan
foldy
11
$19
$2.80
$201
$90
36.00
$71
$1.98
CHICAGO WHEAT ›,
Prices declined in the early session under hedging against new.. crop movement and favourable weather advices. Some professional support was later forthcoming on reports of better export demand, and on the belief that with the constricting effect of the loan and the subsidy, prices may be less forceful on the down side. The Cana- dian market continued to be dull and quiet with undertone easy. Increased pressure of Argentine wheat, persistently favourable crop news, a slow general enquiry, have been the main causes of the easiness.
New York Stocks
Previous To-day's
close
137.29
close Change 138.43up 1.13.
211
Paramount Pictures
9
$41
HX Wing O
12}
Pennsylvania R.E.
17-1
B'has Wing Of
45
Phelps-Dodge
78
Vibro Filing
37-1
32
Philips Petroleum
14/3
32-1
40
***
73!
Public Service of N.J.
40~7
31
- 261 ···
·
Pullman Inc.
23
33}
Pure Oll
6-1
201
Radio Corpn. of Amt man v.
5-1
74*
Reading Company, "1st pfd
21-1
Marsmans Inv. (Lon)
Marsnano Inv. (E.X)
Wax, Powalla
#Balis 10 - Bhanghai
LONDON STOCK
EXCHANGE
F5, ཝིདྡྷི!
#
74
Remington Arms Co., Inc.
3*
Republic Steel
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. Winnipeg Wheat, Cet. New York Hides, Sept.
N. Y. Commodity Market
(By Courtesy of Messrs, Swan, Culbertson & Frits and 8. E. Levy & Company)
Frey, To-day's Low ⠀⠀ Elose Close Change 8.778.85 8.78 .07 off
18.52 - closed
64 644 up
High 8.84
633
437 43 511
43437
501
514
50% 10,558 closed
16-4
Reynold Tobac. "B"
(REUTER'S SERVICE)
30-4
Richfeld Of
7-**
London, August 11.
NEW YORK COTTON
Safeway Stores ..
45-+
Scherley Distillery
nhq.
7.
Schenley, 54% p?d
The following quotations are the middle prices of the close the market in Lenddo" "All quotations are subject to confirma- tion and no responsibility is assumed for errors in transmis
Close Opening Closing
October
8.84/85
8.84/83
39-1
Sears Roebuck
76-1
&
December
8.61/81
8.38/67
8.78/78 8,61/62
21.
Seversky Aircrast
3-1
-War Loan, 31% (Red
60-1
Shell Union of
10-1
after 1952) mis
92
5
Bocong-Vacuum Q1]
11-1
Canton-Eloon Rly. 6% 12
24-
Bouthern Pacide
14:
Chinese 44% Gold Loan,
18-7
Southern Rly $5 pfd.
26-1
1898 (Brit-Issue).............
18*
Sperzy
45-4
Standard Branda
6-1
159-4 stund dead as Elec. uudii
2-3
Standard Oll of California
25-
25-)
Standard Of of MA.
40-1
35-1
Stane & Webster
12
9-1
| Swift International
Elec: Bord Share $5 pf.
ung.
Technicolor
18-7
1913 (Lan Is
Elec, Bond & Share 36 pf.
"67-1
Texas Corpn.
33-+
Elec Power & Light #7 p.
34-7
Texes Gali Sulphur
27-4
145 (Vickers)..
19-4
Trans-America Co
34
20th Cent. Fox.
18-
47-
20th Cent. Fox. $1k pí,
ung
Honan Rly, 5%
36-Union Carbide & Carbon
78-1.
47-4
Union Pasike me
98-1
15-3* | United Aircraft.
37
Shanghai Dollars.
405
General Tire & Rubber Co 22 Gudden Co
United Airlines Trans.
11-1
17-1
Trited Corpn.
Goodrich (BF.) "qu
20
Goodrich $5 pf.
United Corpn. 13 eum vL. 37-3 United Gas Corpn. -...
Firm
Shanghai Market;
Sellers were reported at Great Northern Riy
3:9/16 for Spot,
Goodyear Tire & Comana 28-i Great Northern Iron Ore
United Gas Improvemen
1.8. Rubber
US, Rubber $8 pid.
1094
Crest Western Bugar
US. Bleel
48-
Greyhound Corpn.
$18
Vanadium tariq
Hecker Products
ung
Warner Bros. Pict.
The
the Ind
UK TRADE PACT WITH INDIA NOW IN FORCE
LONDON, Aug. 14 Reuter) Thef Treasury announces Aug. 15 as the date on which the United King-. dom-India Grade Agreement, which was, signed on Mar 20, will be regarded as having come. Inte
International Ent-Nickol
was agreed upon with 18 1068 11 Commedi
Governmerit
Hercules Powder Co. Homestake Mining
18
Westinghouse" Kec.
104-1
ung.
Woodward Iron Cor.
52-1
Chase National Bank National City Bank
49-
Chinese 5% Gold Boxids,
1925-47
Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Czip Loan,
1913
27-4 Chinese 3% Rearg, Loan,
Ch ese 8% 8ter. Notes,
Chin. Imperial Rly 5%
Hokueng Rly.5%, 1911. 13
Húkuang Rly 5%
(Cierznazı (Issue) Lung Tsing & U. Ha! Rly,
5% 1913
S'hat-N'king" EI7, 5%. Tientsin-Pukow Hly. -5%
Brit. Btpd:)
Tientsin-Pukow Rly. 5%
(German Btpd), Tlentain-Euko. Rig-5%. (Brit. Stpd. Supt. Loan) Tienfair Pukow@%$%^5%\\\
(Ger. Stpd. Supl Loan) 12 Jap. 5% Ster
ap 8% Ster. Loan, 1924 32
Ger. 7% Int. Loan
Chartered Bank-
1. G ghi Bánh (Lon
Tate & Lyle
1911
Reg
བ' ༞༞ ཕན་བྱ་གསལ་བཨྰཿ ས ཐ མདྨེ་ངན་
Union Insurance Gula Kalumpong Rubber 18
January
8.53/53
22
March
8.48 W
832/518.41 [47] |
8.45/42
8.37/37
Allied fronfounders
May
8.26/25
17/6
**8.25/25
8:20/20
| Axso, & Elec. Industries 41
July
8.05/05
8.05/05
8.01/01
Austin Motors, ord.
8pot
9.33 N
6658-888
Chang
06 off
29/
Cable & Wireless, New
Form, ord.»;
NEW YORK RUBBER
50
E-A. Tob, (bearer)
Cammell Laird, ord.
80/41 7/1+
Mexican Eagle
September December
14.52/52
18.59/59
CLOBED
Courtmalda,
singu
Distillers Danlop Rubber kimia 28/6 Gen. Electric (England) 14/3 Guinness (A) Bon & Co. 99/8 Hawker Siddeley Air.... 16/3 Bristol Aeroplane
17/4 Imperial Chemical Ind. 29/8 Imperial Tobacco
138/11 Marks & Spicer "A" ord. 59/9 Rolls Royce
30 96/9
March
16.64/64
May ...
16.65 N
CHICAGO" WHEAT.
September December
641/641
641/84
044/648:
·84/84†
648/642
641/641
May
648/641
641/65
ទម
Friday's Sales:—17,168,000 bushels.
CHICAGO CORN
102/6
Leyland Motors
91/101
62/6
September
Turner & Newall
Dece
∙79/14
United Steel
23/101
May
43/43 421/421 45/45
43/43
434/437
453/4
Smethwick Drop Forg...
18
| Armstrong Stevens, ord
Pressed Steel, com.
Vickers, ord
6/0 18/71 October 18 M
Woolworths
65/11
December May...
Angio-Dutch
$25/3
201
Rub, Plant. Invest. Trust 29/173/ Burma Corporation
WINNIPEG WHEAT
511/511 51/511 501/502 521/531 621/531 52/52 558/551
551 B
NEW YORK, HIDES:
8/3
Commonwealth Mining. Maranan Investment Randfonteli
Bepter
10.54b/55a
14/3
Dece
38/104
NY BUV
W
12/1
734
Bpb
219/41
"Bank" (Col
JONES AVERAGE:
Aug. 13, 1899. es, Aug. 11, Baby S
90137.895188,55 187,45
inge Kup
Jodie
10.88/80 1 NY-London,Cross Rate 488-1/8
NEW TORK STRAITS TIN
CLOSED
Closed
21/10
68/9
Sep
13/6
Shell Tratu
37.8775 286 28.07%
81/3
48.65/65
TORE
17.07 0.71
(DEAS 287,06 740 - Bonds.
26.05
89.60
index: 47.
$150
10 to 12