Last Sale,
.FROM ROZA BROS.
Ready Silver SPES quoted this Adarna Express -morning at 19.3/4 and Forward at | Alleghany Steel Co.
"10.9/16. The American market Allied Stores
was closed.
The London/New York rate was quoted at 419.
Sept. 1.
Last Sale
-7-
Sept. 1.
PAGE 12-HONGKONG DAILY PRESS
Finance and Commerce
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
SEPTEMBER 5. 1933
On London:-
"Telegraphic Transfer. 1/4 13/10 Bank Bills, on demand/s 13/18 Credits 4 months' sight 1/3,3% On Shanghat:-
On demand
On Singapore:--
890
:
WEEKLY WHEAT
REPORT
REYNOLDS AND GIBSON WHEAT
nervousness
grades, Gulf Shipment, The truth is that it is early yet to expect a defnite announcement and much, of this talk is only conjecture.
As regards the international situation, we can only say that the barometer for the immediate future seems set at "Storing" and any deterioration in politics must be bullish for wheat,
Stock of wheat in Liverpool: This week 984 Ioads; last week 975 Toada.
Fer Payne & Co. Liverpool-Conditions were quiet and easy until the week-end when the market advanced sharply on over Europeari de- velopments. This was followed by a rise of 2d at the openirig to- day. Apart from politics, there
Chicago-Fluctuations have been has been no fresh news of impor- tance and the main features have moderate with an upward ten- dency. The market has been been the continued pressure of! Plate Wheat, and fears that ex-alded by the political unsettle port subsidies will mean cut-ihroat! ment and by the absence of hedg- [competition among exporting na ing pressure which seems to in- tions. On Thursday last it was dicate that a fair quantity of reported that the Argentine Grain wheat is going into loan. There Board had reduced its selling appears to be, however, a tendency price to exporters by 25 centavos to await the Inauguration of the or about 7id, per quarter, while all Government subsidy programme sorts of reports have circulated and the reaction of competitive regarding the intentions of the exporting countries. 49 1/2 American Government with res-
On demand
2 1/8
On Japan:
On demand
On India:-
Telegraphic Transfer.
and demand
-On New York:--
33
15 1/2
$82 1/2
Bank Bills, on demand 91 1/2 Credits, 60 days sight 27 3/16
Un Batavia:-
On demand
On Paris:-
Bank Bills, on demand 1975 Credits 4 months' sight 1125
Un Saigon)--
On demand
Un Manila:—
On demand
105 1/2
51.
On Bangkok'-
On demand
150 1/4
Sterling Notes:-
Bank Buying Rate
Bar Silver per az
1/3 1/8 19. 3/4
Market Report
pect to the export subsidy on the present crop. At first there was talk of an export of 100 million bushels with a subsidy of between 35 and 40 cents per bushel. Latest talk favours a subsidy of. 34 or 35
Winnipeg.-Values show a smart improvement on the week under short covering and fresh buying induced by the Danzig situation and on reports that wet weather was retarding harvesting. Har- vesting is in full swing in Manite- cents with little ordinary grade ba and is progressing in Southern for export but possibly some choice "districts of Baskatchewan.
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
SEPTEMBER 1, 1939
STOCKS
FINANCE
HONGKONG SHARE QUOTATIONS
STOCK EXCHÁMER
·Bayerof Ballers
IF
*** ***
****
↑
*****
Bain Nolan TUESDAY 6.
du aut⠀
SEPT.
Hanks
$3250 HK Banks
280
200
Do. (Col. Beg.)
TÁRÓKKES- ASSOCIATION
Do (Lon, Bag.). ---
E6 Chartered Bank 224 Mercantile Bka. ***** 212 Mercantils Bis, "C"
$72
Bank of East Asia 20
[N. C. & S. Banka ... Insurances
$500 Canton· Insuranoss $350 Union Inspiradors
Underwriters
#13
$180 H.K. Firns
Shipping
Douglasssed
[Proc.)
HARD F
B
$1,390
680
$900 01/ $360
$185
367 $15
$87.
$12
Steambosta
860
Indo-Chinna
$30
Indo-Chinae (Def.)...
(FROM PAYNE & CO.)
83/1
Shella
$8.10 Waterboste
Docks, Wharves,
Godawas, etc..
$100 HK & K. Wharva. $4.40 Providenta
$100
SLIM
# H.K. &, W. Docka... Do. (new)
#16
SPOT
$110 Shanghai Dook 5.
$108
OCT.-DEC.
$7 New Engineerings 8.
$8.34
JAN. MARCH
....... 28-773 29-1/8 27-3/4 28
New York, September 2
SINGAPORE RÜBBEN
Sept. 1.,,
Sept. 2
Dayers
sellers buyers - sellers.
29-1/4
29-1/8
29 29-1/2 29-3/8. .28
!
Change 29-1/4 of 1/4
28-1/4 of 1-1/8
»
OM 1-1/8
|| Mining
The Singapore market was erratic,
16/3 Kailade
16/3
Baube
Venezuela Gold" Fidi
Providente (now)
9 ota Hong Kong Miner
|Lands, Hotel and
Buildings ~
WEDNESDAY, SEPTEMBER 6. 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
$79
[50 cta..
COMMODITY
MARKET REVIEW
$4
H.K. Hotels.
$4.75
831
H.K. Landa ........
$32
SPOT OCT.-DEC. JAN.-MARCH
LONDON RUBBER
Previous close. To-day's close buyers
sellers buyers sellors change
UNRECEIVED
8-11/16 8 3/4
8-11/16 8-3/4
paz
Do. 4% Debentures
$100
$7.00
Shanghai Lands
8.
833
H.K. Beation .....
#
Humphreys
198
Chinese Estates. .................
Cotton MED
#17
Kw (9.)
$120
S'hal Cotton (8.)
$110
$43
Zoong Sings (8.)
$40
$45
Wing On Textiles (B.)
$60
Public Utilities
18-3
Int. Tel. Tel.
5-
#15 Tramwaya-
$151
7། །
Johns Manville
62
l'Allis Chalmers
33-1
J. & Laughlin Steel $7 píd.
45
cross- Aluminium Ltd
mut.
Kennecott Copper
$58
7 40 Pak Trama fois)
$3.70 Poak Trams (new)"
¡Star Ferries
$7.40
$3.70
38-4
858
122
T'urati Farris
Amerads, Corps.
59
Lakey Foundry & Mac..
$29
2-4
..
Markét
Amer. Can.....
97-
Libbey-Owens-Ford
Glass
42
$7.30 China Lights (0)
Do. (D)
$7.90
8-3/4 8-13/16
COTTON
Prices early advanced on buying by speculators, but later react- ed on liquidation and realising. Department of Agriculture Officials $19.10 said to-day that, as far as they knew, the International Cotton Conference would, begin on Tuesday, as scheduled, although they added that a general war might conceivably bring about the recall of some of the delegates.
RUBBER
The nearness of the war danger boomed prices from the open- ing of the market, but later reports of an easing of the situation brought about general liquidation and prices slumped badly towards the close.
Steady.
American Cyanamid B'.
27-1
Lockheed Aircraft
244"
Amer, & Foreign Power
2-1
Loew's Inc.
35-4
420 China Lights New)
Chins Lights
WHEAT
Sterling Business was done during the course of the morning at 1/3.1/321 for cash and 1/3 for November, December and January. The mar- ket closed at 1 pm. with sellers
at 1/3 Cash/October and 1/2.31/32 November/January, buyers at 1/3. 1/32 Cash and 1/3 December.
U.S. Dollars
Amer. Metals, Co. Amer. Radiator ... Amer. Rolling Mill Amer. S'ting and Ring Co. Amer. Sugar Ring Amer. Tel & Tel Amer. Tobacco "B" Amer. Waterworks Anaconda Copper Atchison, T. & A. Fe. Aubura Motors... Baltimore & Ohio
Opened with sellers at 26 with business done at 28.1/16 for Cash. Subsequently the market weaken "ed and business was done at 26 and 25,7/8 for September followed by transactions at 25.3/4 for cash. Barber Asphalt Co 25.5/8 September and also 25.1/2 Barnsdall Oll' September. The market closed at Bendix Aviation 1 p.m. with sellers at 25.5/8 for Bethlehem Steel.... cash and 25.7/16 September, buy-Bliss & Co...
Ameri & Foreign #7 pt.... American Gas & Elec Amer. Locomotive
"17
Manhattan Shirt Co.
804
ung.
33-Martin. Glen L
$18
32
311
16
McKesson, Robbins
13-4*
28-2
Monsanto Chemical
100-1
3-4
|Montgomery Ward
15-+
15-1
National Cash Register Co. 47-4
46-1
Mat. Dairy Products
15
914
-20-1
Nat. Distillerz
21-
158
National Gypsum
9-1
77 9-1
National Load
21-1
Nat. Power & Light
8-4
28-ix National Steel Corp.
61.
23-3
Net. Supply Corpa
7
unq.
New York Central
12-1
4-1.
Niagara Hudson · Power
1-9
10-1
N. American Aviation
15-4
H.K. Electrics... Macao Electrica Sandakan Lights
120 Telephones (old)
$7.80 Telephones (DEW), 19/6 Tractions
29/0 Traétions (prod.) -Industrials
Cald., Macg. ord.) 8, Cald., Macg. (Fref.) 8. 81 Canton Icem
$15.60 Comenta
$3.70 Ropes
820
Miscellaneou
Dairy Farm (Old). $19 Dairy Farin (New) 16.00 h. E'taimpacte
$1.55 Constructiods
Constructions
$53
**
890
Prices opened higher on war prospects in Europe and advanced further on general buying, but the market towards the close took the downward trend on rumours of renewed peace' talks and of the possibilities of the avoidance of a general conflict. ́
New York Stocks
Previous To-day's
close
close Change
135.25
138.09
2.84
81
83.80)
390
$19
$8.90
(old)
13-1
North American Co.
21-+
371
Lane Crawforda
N. Y. Commodity Market
23-1
Northern Pacific
45
Nanyang Tobacco
65
Owens-linola Glass" Co.
7-1
*STE
13-1
Paciic Gas & Elec.
61-1
40′′/
ers at 25.13/16 for cash and 25. Boeing Airplane Co.....! 9/16 September:
21-1
Pacinc Lighting .....................
31
Borg-Warner
21-1
Packard Motors
3
$98
Shanghai Dollars.
Biggs M'facturing
18-1
Paramount Pictures
7-1
41
Quoted at 325.
Brooklyn-M'hattan Trans.
10-1
Pennsylvanià RR.
15-1
Shanghai Market,
The highest rate reported this morning was 43/4 but last advices received
BKlyn-Mhattan $6 cum pf. Canadian Pacifle R'way. Case, JI.
40-1
Phelps-Dodgė
40
4
Phillips Petroleum
36-4
57.
Public Bervice of NJ.
37-4
22
Pullman Inc.
24
Sterling
US. Dollars
reported the market as being easier with probable sellers
at 4.7/16, for cash.
The US Dollar rate
Celanese
Chesapeake & Ohio
Chrysler Corán.
Colts Patent Fire-Armis Columbia Gas & EL
down to 25 and Pesos rate was Commercial.....
also lowered to 50.
Afternoon Market
Quiet for Sterling but easier for Consolidated Edison US. Dollars,
Some business was done at 1/2.
Continental Can Continental Of
Corn Products
1/32 for cash. The market closed with sellers at 1/3 Cash/October Curtiss-Wright" (C.) and 1/2.31/32 November/January, Curtis Wright "A"
buyers at 1/3.1/32 Cash December.
Deere & Co.
Business was dddle in the after-Eagle Picher Lead noon at 235/8 for cash, 25.1/2 Eaton Mfg. Co. Cash, 25.3/8 Cash and 25.1/4 Elec. Autolite
31-3
Pure Oll
781
Radio Corpn., of Am.
5-4
74-1
Reading Cumpány, Com
10-1
6-
Reading Company, 1st pfá
21-1
LONDON
STOCK
$1.80 Bucares
Watsons
Ch. 0.6% 1995G $Bds,
300 HA. Gott, 19% Loss
II.K. Govt. S% Loan
HK. Wing On t
S'haf Wing On
18 Vibro Piling
13/6 4/0
Marsmans Inv. {£on.)
| Máramans Inv; {H‚E}
Wm. Powalla.
10. Shanghai
EXCHANGE
81.98
E
1
New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn; Sept. Winnipeg Wheat, Oct, New York Hides," Sept,
$99
$10
Prev. To-day's
High Low
Close Close Change
New York Cotton, Oct. ...
8.52
8.35"
8.42 -8.37 1.05 off
18.65
18.15
18.80
521 40+
69b
69b
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levý & Company!
1gibb 85 or 79 781757b 761 · 5/8 up 50 491/8 off 64b89b 5 up 11.95 11.40m 55 of
was put Columbla 6% "A" pi.
80
"
Remington Arms Co., Inc.
3-7*
42
Republic Steel
18-4
*Commonwealth & 8. (ord.) C'wealth & S. 6% cum.pt.
1-Reynold Tobac. "B"
36-1
05 Richfeld Oil
74
29-1
Bafeway Stores
42
7
Consolidated 'Of
Schenley Distillers
10-4
(REUTER'S SERVICE)
The following quotations are the middle prices at the slums of the market in London. ¿IT quotations are äubject to confirma- složi krid oë bespénkülity & asumed for errors in transmission.
Landön, August 31.
39
Schenley 51% pfd.'
.70
3
22-1
Sears Roebuck
75
55-1
Seversky“ Aircraft
3
War Loan 31 ined
5-1
Shell Union Oil
11
23-1
Bocony-Vacuura Oll
11-1
17
Southern Pacific
11-1
and 1/3
Distillers Corpn. Seagrams Douglas Aircraft Du Pont de Nemours
14-
Southern Rly 15 pid.
20-1
..68-) Sperry
42.
183
Standard Brands
5-1
Stand Gás & Elec..........
21
20
Standard Olf of California
.28
33
Standard Of of NJ. ....nis
41-4
1012.
Cash; The market closed with Elec. Bond & Share ......... sellers at 25.1/4 Cash' and 25.1/16 Elec. Bond & Share $5 pr. September, buyers at 25.3/8 Cash Elec. Bond & Share $6 p. and probably 25.3/16 September.
7-1
Etone & Webster
9-1
55
Swift International
29
1913 (Ldn. I2,9
83-
15
Technicolor
Elee. Power & Light $7 pt.
2)
Texas Corpn.
· 37-1
'Shanghai Dollars'
Flintkoter
17
Tix Gulf Sulphur
29
after 1952)
Canton-Eloon Rly. 5% 12
Chinese 4% Gold Loan,
1898 (Bílt. Is66)......
Chiness 5% Gold Bonds,
1928-47
Chi 44% Anglo-French
Loán, 1904
Chinese 5% Crisp Loan,
Chinese 5% Reorg Losin,
Chinese 8% Ster: Notes,
1925 (Vickerā).
Chi, Imperial -Hip. 8%%%
12
Sellers at 332.
Food Machinery. Corp.
29
5-1
| Trans-America Oo
· Loan iku....
45
Gen. American Trans.
47-1
15...
120th Cent. For.
Honan-Rly. 5%
18
Shangling Market
Sellers were quoted at 4.3/8
Spot
Shanghai Exchange
Shanghai, Sept. 4 (Reuter).
Official T.T. Rates
London ....
New York
Japan...
India".
ri
Gen. Electric
35-4-zöln sent. His $14 pf.
20
Enkuang Ely. 5%, 1911.
13
for Gen Motors ......
40-1
Union Carbide & Carbon
1-08.
Hukuang Rly. 5%, 1911
Gen. Raliway Signal
13-
Union Pacific
94-1
(German Issue)
13
General Tire & Rubber Co
19-1
United Aircraft
༣༡ : .་
Lung Tsing & U Hai Riy
15.
Glidden Co. aiškumo, pomni
United Airlines Trans.
9-1
...6% 1913 ................... 13:
Goodrich (BF.)
19-1 United Corpo.
2-1.
Goodrich $5 pf.
61-United Corpn. $3 cum pt.
33-4
Goodyear Tire.
Co
25-United Gas Corpn
2-1
(Brit. Stpd.)..
"Opening
0/4 7
·28-1/2
Great Northern Iron Ore Great Northern, Rly.' pld
14-1
United Gas Improvement 12-1
21-18. Rubber
Great Western Bugar
27-4
U.A. Rubber $8 pid,
Paris
22-1/4 ...2.91
Greyhound Corpa.
15-8. Steel.....
Hecker Products
11-Vanadium
a
Hercules Powder Co
76
26-1/2
Homestake Mining - Industrial Rayon International Harvester
61... 21
49-1
48-1
1939
Hongkong
MINIMUM " PRICES Int. Nickel
IN FORCE
LONDON, Sept. 5 (Reuter)-It is officially announced that pending reopening of the Stock Exchange minimam prices are to continue in force,
All bargains are to be for cash and no new option" on trading, is permitted.
DOW JONES AVERAGE:
15485 191.44 30 Industrials
· 34-38 · 24.14 · 20° Baile .....
Jap. 6% Ster, Logn, 1924 39
Ger, 74 Intl. Loan, 1924 29
Chartered Bank .....
IK. & ghat Bank (Lán
H.K. & B'nai Bant (Col
Beg)
Sept. 1, 1919,
Chinese Eng. & High-Low Dow Jones Averages, Aug. 31, Bigh Low Close Change
134.41 1880 197.51 135.9584 up (bearer)
23 10 £5.99 £4.90:25,98 17 up Chosen Corpo 94,54) 28,79 25,00 -23.6985 off Pekin Synd 87.71
84611.30 of fight! $1.80 2.96 up gui Business Done (--480,000 shares
27.07·20.71.90 Utilities 91.21 87.06 40 Bonds
·53.09 $45.59... 11 Commodity Index 47.84
Warner Bros. Pict.
S'hal-N'king 'RIT. 5%.... 13 Tientsin-Pukow - Ely, 5%
Tientain-Pakow Ely 5%
(German Stpd.)............ Tientsin-Puko Rly 5%
(Erit, Bipd. Bupi. Loan) Tientsin-Pukow Rly. 6%-
(Cer Btpd. Bupl Loan) 12
Westinghouse Elec.
Woodward Iron Cor.
National City Bank
Jap. 6% Ster. Loan, 1907 33
Chase National Bank
‡-ex. div.!!
|| Beg)
ཚོས ལབབསྒྱུ་སྤུས བྷཎྜག སྤྲཅུ་སྦེསྐུ བ སp3RD ཨེཊྛི
B-A Tah (bearef),2°
Cazmeil. Laird; ofà. Mexican Eagle Courtaulds....... Distillers............ää Dunlop. Rubber ...
Gen. Electric England
Hawker Siddeley Air... 15/6 Bristol Aeroplane
........... 18/6
Imperial Chemical Ind
29/3
Imperial: "Tobacco
128/9
NEW YORK COTTON
Close Opening
Closing
Change
October December January
8,42/42 8.02/51
8,37/37
05 of
8.28/28
8.37/37
8.18/20
.08 off
8.18/18
unquoted
8.081
10 of
March
8.13714
8.22/22
8.01/01
Union, insurance" · Gula Kalampong Rubber 18 Allied Ironfounders ......... 16 Atm, & Elbe. Industries 39 Anstits Motors, örd.' Cable & Wireling New
Forza, ord
May
8.01/03
8.10/10
7.87/89
July Spot
7.82/84
*7.80/91
7.72/TE
12 öff
8./20
8.870
NEW YORK RUBBER
Beptember December
18.75/80
10.25/44
18.22/22
7/44
March"
18.18b
5/3
May
18.15b
1885/19.14 17.90/90 18.83/19.10 17.83/90. 18.95/18.16 17.85b
"off
8998
off
off
28/8
95/9
Total sales for the day: 3,640 tons,
75:
CHICAGO WHEAT
Chuinness (A). Ban M. Co: 95
77/78
78/78+
-761/761 77/762
701/791
4-5/8 up *3-1/2 up 3-5/8 up
bushels,
Marka & Sp'ter “A” ord. 53/4)
Rolls Royce,
∙101/3
Leyland Motors
Tate & Lyle,
92/3. 62/6
Turner & Newall
79/41
United Steel
23
September December May
Smethwick Drop Forg.
September December May
Friday's sales
CHICAGO CORN
50/491 51/52 48-1/85 51-521
·50-5/86"
14/9
Armstrong Stevens,
5/9
Fressed Breel, com.
18/0
Vickers, ord
$3/1.
Woolworths
BE
Anglo-Dutch
24/6
October December May.
497/401
0-1/8 of
50% / 50%.
1-1/2 Up
58/53€
1-1/2 up
WINNIPEG WHEAT
64b 65-1/8b 68-1/25
69/68
:89b $70/701 70-1/8b
73-1/26
Rub. Plant. Invest Trust
28/6.
Burma Corporation Commonwealth Mining Marsman Investments.: Randfontein Estates Western Holdings -Sub-Nigel » Wa
8/11
13/8
September
37/0
12/3
December NY-London Cross Rate 25 W
vapat 215
Tanami Gold Mining:
"Anglo-Iranian
Burma
Shell Tra
6d
4/41
83/1
September December
10 to 12
September
NEW YORK COPPER FUTURES
9.81/868 unquote 9.91b/108 9.88b/90a unquoted 10,00/01-
4.20-1/4
NEW YORK HIDES
11.9511278/93
13.20/22 12.75/13.05
NEW YORK STRAITS TIN
56.00/00% quoted
50.79m