On demand
On India:-
and demand
Talegraphie Transfer.
On New York:-
Hank Hills, on demand 28 7 x
Credits, 60 days' sight 19 3/9
On Batavia
On demand “........
On Paris:-
Total Imports into the United Kingdom Including from: France
4
LONDON METALS
52 1/2
EXCHANGE
Bank Bills, on demand 1090
Credits 4 months' sight 1130
London, Feb. 10 (Reuter).
On Sulgon:-
On demand
108 3/4
COPPER
buyers
£...
sellers
Spot. 20-3/8d.
£
SILVER MARKETS
LONDON SILVER
London, Feb. 11 (Router). Silver-Bears covered. Business
small. Market quietly steady.
Forward, 19-13/16d.
On Manila:--
Standard, Cash 42-3/16
42-5/16
On demand
NEW YORK SILVER,
Standard.
On Bangkok
3 months 42-9/16
42-5/8
On demand
150
Electrolytic
47-1/4
48-1/4
་-
Sterling Notes:-
ΤΙΝ
Bank Buying Rate
1/3
Bar Sliver per os.
20 3, 6
Standard, Cash 214-1/2 Standard.
214-3/4
Market Report
3 months 213' LĦAD
213-1/4
New York, Feb. 11 (Reuter). Official Price, unquoted.
BOMBAY SILVER..
Bombay, Feb. 11 (Reuter)..
| Market--Qulet Offtake 20 bars. Indian Mint Silver
Ready
Foreign.
Market
February,
Londors
0/8.
From Boss Bros.
Official Price 14-1/4. Süver prices dropped yesterday | Foreign, Official
the extent of 1/16 for Ready
3 months 14-7/16 and 1/8 for Forward, the quota-
SPELTER 19 3/4 tions being 20 3/16 and, respectively. Silver advices - ported Speculators as having sold. The market was steady. American Silver was quoted at 42 3/4 to: Spot.
The London/New York Cross rate was quoted at 488,62
York London was quoted at 488. 5/8
Quiet.
Sterling
There were sellers at 1/2 15/15 for Cash, 1/2 29/32 February/April and 1/2 7/8 May/June, buyers at 1/2 3132 Cash. 1:2 15/15
March, probably
12 29/32 May/June.
U.S. Dollars
The market closed with
a 20 1/8 February first
Adams Express
March, 29 1/16 March/Aprli and Amer. Locomotive
29 May. buyers at 29 3/16 Cash Amer. Metals Co.
2 1/8 first half of Apill and 29 Amer. Radiator 1/16 May.
Shanghai Dollars
Sellers at 183.
Shanghai Market
Sellers were quoted at 8.9:64
tor Spot and U.S.3. at 15.7/8 for Snot Quiet
Shanghai Exchange
Official T.T. Rates
New York
Anaconda Copper
..... 52-05 52-08 Feb. 14 Settlement 52-03 -52-08 14-5/18 Mar. 17 'Settlement 52-01 52-03
PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
FEBRUARY 11, 1939
On London:-
Telegraphic Transfer. 1/9 13:18 Bank Bills, on demand'/ 13/8 Credits 4 months' sight 14 1/18
On Shanghai:
On demand
On Singapore:-
On demand
On Japan:--
MOVEMENT OF GOLD AND SILVER
London, February 10 Reuter)..
STOCK EXCHANGE
GOLD
Week-ended
Buroru | Ballers
SATURDAY 113 FEB.
Beyers | Balers
- Bales · Wernisa
Total Experts from the United Kingdom
The United States Including to:
Switzerland
Canada
Total Imports into the United Kingdom Including from:
Southern Rhodesia
The Netherlands....:
Switzerland
1/2/39 8/2/39
3
1
£
7,881,000
14,287,000
6,907,000 14.030,000
23.000
80,000
520,000
1.492,000
97,000
262,0000
298,000
85,000
-178 nom
78,000
82,000
British Africa
617,000
61,000
33
SILVER
1 & 3/4
Total Exports from the United Kingdom Including to:
972,000
93,000
Germany;
43.000
The United States
919,000
27,000
180
204,000
58.000
88,000
45,000
Chartered Banka
£71 Marcantile Bk. "A"
Mercantile Bks. "0"))
tank of East Asia ...
£13
135
N. C. & B. Hanks
Insurances
Ars
#
$465
$290 Canton Insurances ......
Union InnepuSOM 70 eta. 76 ct. 65/70 ota. ... Underwritses
$176 | K.I. Firs
$168tomboste
1210
8.70
$485 71.75
Shipping
"
Douglas
965
314
$60
*
32/6
Indo-China
{Prof.)
Indo-China (Def)...
324
$6,70
Shella
Waterboats ...........
Docks, Wharves, Godowns, etc.
| H‚E, & K. Wharves
Providenta (4)
3. P O T
APRIL-JUNE..
$116 | JULY-SEPT.
$4,70
.86.10
Providents (DGW) ....
141
17.30
H.K. & W. Decks...
31722
8181
Da. (new) ..
16
18
:
176
Shanghai Decks 6.
| Naw "Enginearings 8, Mining
Kailanm
Raube
ཏྟཱ ཨཱཡཱམཾ སཾཝཱཧཱམཱ
Venezuela Gold Flas
beta. Houg Kong Mines ... Lands, Hotels and Buildings.
K.K. Hotels
101
17/8
*
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS- ASSOCIATION
Banks
$1400
01396
H.K. Banks
$1405
T
Do. (Col Beg.)
118,000.
£83
Do. (Lou. Bag.)
,;
[9]
******
£35
£3
JOJ
D:71
£13
$118 ทาง
MONDAY, FEBRUARY 13, 1939.
PAYNE
& CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY
MARKET REVIEW
(FROM PAYNE & CO.)
New York, February 11,
SINGAPORE RUBBER"
February 10 buyers sellers
26
26-1/4 20-1/4 26-1/2
February 11 buyers sellers
change
26-1/4 26-1/2 up 1/4 28-1/3 26-3/4 up 1/4 26-1/2 26-3/4 26-3/4 27 up 1/4
$6.40
#8
*7
The market opened 1/8 of a cent higher for all deliveries as com- pared with Friday's closing quotations.
Steadier conditions prevailed throughout the session. However, only a moderate volume of business was transacted due to the fact that speculators and dealers preferred to maintain side-line positiocis until after the announcement of the permissible export quota for the second quarter of this year.
Later in the session prices slightly advanced. by 1/8 cent for all forward options due to some trade-buying induced by the belief that the quota right remain unchanged.
Closing tone was
unchanged.
#38 H.K. Lands ...........
336
#361
3107 Do. 4% Debentures
$5.40
4870 Shanghai Lands
E.X. Realties
8.
991 Hawphrays......
$100
14-1/2
China Estates
Colton Mills
:: ::;
004
15.70
.19
SPOT
Ordinary.
Official Price 13-1/2 Ordinary. Oficial
13-5/8
Final Afternoon Transactions T. Standard, Cash, buyers.
$18
Bwn
(8.)
£214-1/2
10%
8'hal Cotions (B.)
#
116.30 APRIL-JUNE
BOU
$34
Zoong Eings (8.)
JULY-SEPT. OCT.-DEC.
3 months 13-13/16 13-7/8
Tin, Standard, 3 months, £213 vald and buyers."
$45
Wing On Taxtiles (8.)
Public Utilities
$171
817.40
Tramways
817.40
38
Peak Trama (old)
$4
Peak Trams (new)
19 14
New
NEW YORK STOCK EXCHANGE
3.3
Star Farrios
172
'mail Ferries (7),
4231
Dk.
$22.40
36.70
(Through Router's Service).
QUOTATION
$3,60
101
1501 858
STOCKS
Last Sale
FEBRUARY 12, 1939
STOCKS
-་
$9.86 $10,20
་་
Last Sale
A. A
China Lights (New).,
China Lights lit.
H.K. Electric "
$18 Macao Electrica
Sandakan Lights
Chias Lights (
18.90
#st
$93
Telephons (old)
Feb. 11
Feb. 11
$71
Talpboom (wr}
29.8
Tractions
91"
Apri
and
Alleghany Steel Co.
22
421
Int. Tel. & Tel.- Johns Manville Kennecott Copper
87*
21/6
921
Tractions (proč.)
Industrials
361
$12
Allis Chalmers Amerada Corps.
| Cald., Macg. (Ord.) 8.
62
Libbey-Owens-Ford
Glass 471
$13
Cald., Marg. (Fred) B.
94
|Lockheed Aircraft
316
$1.70 Caston Ios
Amer. Cansa
sellers Amer, & Foreign Power
31
Loew's Inc.
491
gio
Cements
$100 $15.95
$4.10
half Ameri & Foreigh $7 př..
161*
Martin, Glen L
.361
Ropes *******
$410
241
Monsanto Chemical
100
Miscellaneous
323
823
Dairy Farms
341
Montgomery Ward
.50
མ
Ch. E'tainmanta
$7.00
#04
LONDON RUBBER
Previous close buyers sellers buyers sellers 7-5/8'
7-11/16 7-13/18 7-3/4 -7-7/8 up 1/18 7-3/4
7-7/8 7-13/167-15/16 up 1/16 7-13/187-15/16 7-7/8 8
up 1/18
Market steady but quiet. The average forecast of last week's stock of rubber in London and Liverpool.shows a decrease of 950 tons,
NEW YORK COTTON
Trading to-day, on the whole, was dull and price movements were confined within narrow limits. At the opening, values were. unchanged, but soon receded. Traders were kept on side-lines, pend- ing the outcome of the various proposals regarding the 1939 crop programme. Uncertainty caused hedge selling and liquidation. The market looks likely to go lower.
-NEW YORK RURBER
The market opened quietly steady, with prices slightly higher. Later, commission house buying developed and values advanced ac- cordingly. Opinion is now leaning towards an michanged quota and this had a favourable effect on the market. At the close, the market was very steady, though values were slightly under their best.
CHICAGO WHEAT
A dull and quiet markot. Unfavourable weather conditions con- tinued to be a market factor.
To-day's close
7-3/4
change
7-11/16 7-13/16 up 1/16
151
Cat. Dairy Products
14
#11
Constructiona (old)
#it
181
Nat. Distillers
28
Constructions
(saw)
Amer, Rolling MID
Amer. Sting and Ring Co.
441
National Gypsum
137
18
Le Crawfords
18
Dow Jones Industrial Averages
Feb. 11 Feb. 12 Change
143.68
144.61 up
.93
23
Nanyang Tobacco
101
| Amer, Bugar Ring ..
Amer. Tel.
National Load
BLOKO
$1 70 1.85
3
157
Tel.
Nat. Power & Light
61
$7.80
$.85
Watsons
$7.85
Amer, Tobacco "B"
861
Nat, Supply Corpn.
121
Amer. Waterworks ....
**131
New York Central
101
BS, CLL G.5% 1925G $Bds,
47,pa H.K. Govt. 4% Loans
63
***
29
N. American Aviation
181
DIAL
35
Atchison, T. & S. Fe.
North American Co.
25
H.K. Govt. 8% Low H.K. Wing On
par
340
N. Y. Commodity Market
S'hai Wing On
*31*
| Auburn Motors
|Northern Paciac
114
16.60. Vibro Filing
$6.60
Baltimore & Ohio
61
Pacific Gas & Elec.
30
13/9
Barber Asphalt c
171*
Pacific Lighting
.151
Packard. Motors
.41
Maramana Inv. (Lon.) Marwmane Inv. (H.K.)
00 ata, Wm. Powells
90 ota
Opening
Barnsdall 01
Bethlehem Steel
681
Paramount Pictures
101
(By Courtesy of Messrs. Swan, Culbertsen & Fritz and 8. S. Levy & Company)
15-5/8
Boeing Airplane Co.
281
Pennsylvania R.R.
205
#bales
to Shanghai
"Japan
Paris
58-778
Borg-Warner
261
Phelps-Dodge
381
Prev. To-day's
Hongkong
Open Market-Selling Rates
5.48 55-3/0
Biggs M'facturing
2.5
Phillips Petroleum
-394
LONDON STOCK EXCHANGE
High Low
Brooklyn-M'hattan Trans. 114
Public Service of NJ.
352
B'klyn-M'hattari Sê cum pf.
364*
Pullman Inc.
337
Sterling
Canadian Pacific R'way. ... Case, JI
31
Pare. Ou
91
(REUTER'S SERVICE)
New York Cotton New York Rubber
Mar.
Mar.
88
Radio Corpn. of Am.
ཀ
London, February 10.
New York Hides Chicago Wheat
Mar.
10.94 10.92
Close Close Change
8.40 8.32 8,40 3.35 .05 off 15.71 15.49 15,47 13.83 16 up 10,833 10.87 .01 off
May
672 671
874 071
1up
L
Opening Closing
20
Spot February March
0/8-1/8 078-9/34 Chrysler Corpn.
0/8-9/64 0/8-9/64 Chesapeake & Ohio
Celanese
Republic 'Steel
201
35
Reynold Tobac. "B"
40
752
Schenley Distillers
151
The following quotations are the middle prices at the close of Chicago Corn the market in London. All quotations are subject to confirmation | Winnipeg Wheat and no responsibility is assumed for errors in transmission.
May
467 472
48 481
May
621 614
82
62
up unch.
April
U.S. Dollars
0/8-3/32 0/8-7/84 Columbia Gas & E. 0/8-1/16 0/8-5/34 Columbia 6% “A” př.
Commercial
8
Schenley, 5% pfd.
£
84 *
Sears Roebuck
711
£
53
Shell Union Oll
13
Spot
February
March
April
315-7/8 $15-29/32 Commonwealth & 8. (ord.) 15-27/32 15-7/8 Cwealth & B 6%, cum pf. 15-25/32 15-13/16 Consolidated Edison 15-11/18 15-28/32 Consolidated 011
11
Socony-Vacuum Oil
127
601
Southern Pacific
17
33
Bouthern Rly $5 pfd.
263
81
Sperry
454
394
|Btandard Brands
Market-Quiet but steady.
Merchant Bates
Sterling. 078-1/8.
US Dollars, $15-13/16.
Continental Can
Continental Oil
271
Btand Gas & Elec...
War Loan, 31% (Red,
after 1952) Canton-Kloon Rly. 5% Chinese 4% Gold Loan,
1898 (Brit. Issue)....... 73 Chinese 5% Gold Bonds,
1925-47
97-9/16 20
68
Union Insurance
301 Gula Kalumpong Rubber 18/9" Allied Ironfounders...... 18/6 Asso. & Elec. Industries 39/9 Austin Motors, ord.
za Cable & Wireless, New "
Form, ord.
NEW YORK COTTON
Close
Opening
Closing
Change
March (1939) May
8.40/40/
8.40/10
8.35/35
.06 on
(...)
8.02/02
8.02/03
7.98/98
04 off
July
(..)
7.72/72
7.72/73
7.71/71
.01 off
October
(..)
7.43/45
7.45/45
7.37/37
.06 of
41
December (, )
7.40/46
7.45/45
7.38/38
08 off
64
¡Standard OU of NJ.
491
Corn Products
Curtiss Wright (C.)
7
Btone & Webster
151
Silver Duty Rate
The
1Curtiss Wright "A"
Central Bank of China's Distillers Corpn. Seagrams
rate on London at 10 am. to-day Douglas Aircraft Was 1/2-1/26.. unchanged from Du Pont de Nemours yesterday.
The Equalisation rate was
cent+
London Exchange
London, Feb. 11 (BWS).
Closing, mean rates were:-
Paris, 176-81/64.
New York, 4.68-9/16.
Montreal. 4.703.
Brussels, 27.744
Eagle Picher Lead
Elec. Bond & Share ............
Elee. Bond & Share $8 pt. 70%
271
Swift International
Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan,
B-A Tob. (bearer)
95
January
(1940)
7.48 N
7.45/45"
7.40/40
.08 off
1912
181
T
Technicolor
187
701
Tems Corpo.
441
Chinese 5% Reorg. Loan,
1491
Texes Gulf Sulphur
113
| Trans-America Co.
61
114
20th Cent. Fox
24
per Elec. Bond & Share $5 pf. 63*
1913 (Lan. Is.)
Chinese 5% Ster. Notes,
1925 (Vickera)
Chin. Imperial Riy. 5%
20th Cent. For $1j pt.
Loan
Union Carbide & Carbon
831
Honan Rly. 5%
Elec, Power & Light $7 pt. 38 Flintkote
Union Pacioc
961
Hukuang Rly, 5%, 1911..
271
United Aircraft
391
Gen. American Trans.
5B1
United Airlines Trans,
11
Gen. Electric
40%
United Corpn.
31
Gen. Motors
488
United Corpn. $3 cum pf.
Gen, Railway Signal
22
United Gas Corpo.
23
Glidden Co.
21
United Gas Improvement 123
Goodrich (B.F)
211
UB. Rubber
442
Goodrich $5 pl...
591*
UB. Rubber 8 pid.
103
Geneva, 20.674. Milan. 89.
Goodyear Tire & Co.........
321
US. Steel
59%
Berlin, 7.68
Great Northern Iron Ore
141*
Vanadium
25
Other rates were unchanged.
Great Northern Rly, pfd.,291
Warner Bros. Pict.
54
Great Western Sugar
247
Westinghouse Mec.
110
New York Exchange
New York, Feb. 11 (Reuter). TT. on London (Opening Rate). 4.68-5/8.
Greyhound Corpn.
184
Woodward Iron Cor.
201.
Hecker Products
114
Chase National Bank
Homestake Mining ...... Int. Nickel
634
National City Bank
314 241
Jap. 5% Bter. Loan, 1907 43
612
*bid.
t-ex. div.
Calcutta Exchange
DOW JONES AVERAGE ·
Calcutta, Feb, 11 (Reuter). TT. on Japan, 78-5/8.
1928 & 1936.
India Rupee Paper
}
Feb. 12, 1982. High Low Dow Jones Averages, Feb. 10, High Low Close 158.41 81.9 30 Industrials
148.04 144,07 14461 20 Rails
34.98 29.98 20.78 84.32 15.52 15:14 29 Utlikom
95.07 24.85 $4.83 91.70 83.39 40 Bonds
148,70
20,94
24.TA
Change
bl up 35 up 18 up
90,19
Bombay, Feb. 11. (Reuter). Govt. 31 per cent Rupee. 98-09-0.
59:00 43.03. 11 Commodity Index 46.574
40.86
.19
op
25* S'ha ec: Constr. Co.
Business Dona:----320,900 sharon
Bhai Waterworks "A"... (94°.
Hakuang Rly. 8%. 1911
(German Issue)
Lung Taing & U. Hai Rly.
8% 134
S'hai-N'king Rly. 5% 23 Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
Tientsin-Pukow Rly. 5%
(German Btpd.) Tientsin-Pukow Bly, 5%
(Brit, Stpd. Supl. Loan) 16 Tientsin-Puków Rly. 5%
(Ger. Etpd. Supl. Loun) 16
Jap. 6% Ster. Loan, 1924 48 Ger. 7% Intl, Loan, 1924 37 Chartered Bank
HK. & Shat Bank (Lan.
Reg)
HK. & S'hal Bank (Cd.
Reg.)
Chinese Eng. & Mining
(bearer)
Chosen Corporatior
17/6
90,12 .03 up Pekin Syndicateine. 20.
Armstrong Stevens, ord.
7/0 Pressed Steel, com.
16 Vickers, ord. ................ 22/9 Woolworths ...... 81/44 Anglo-Dutch
Rob. Plant. Invest. Trust 28/3 Burma Corporation
...... 8/71 Commonwealth, Mining.. 1/6 Marsman Investments... 13/9 Randfontein Estates .... 37/B Western Holdings. Bub-Nigel
Tanamf Gold Mining.............. -440. Anglo-Iranian
Burmah
Shell TranES, & Trad.
(bearer). ....
*Nominal.
* * * è can a f* * * * egger d a fapt
Cammell Laird, ord. Mexican Eagle
7/101
Spot
9,00 N
9.05 N
.95 up
י.
5/74
#.
Courtaulds Distillers
25
90/6
March
(1939)
Dunlop Rubber..............
23/0
13-1/2
Gen. Electric (England) 76/7 Guinnees (A) Ban o Eo. Hawker Siddeley Aire.... Bristol Aeroplane
107
May Beptember December
NEW-YORK RUBBER
15.47/47 15.40/40 15.41 B 15.45 B
15.40/52 15.63/67 15.46b/498 15.59/83 15.50b/60x 15,64/64 15.84/64
.16 "up
קט 19.
23 up
.19 up.
22/6
22/9
To-day's Sales:-
2,360 tons
Imperial Chemical Ind Imperial Tobacco .... Marks & Sp'cer. "A" ord. 58/14 Rolls Royce
31/6 132/6.
CHICAGO WHEAT
110/71
Leyland Motors
84/44
Tate & Lyle .......
60/44
Turner & Newall United Steel
75/104
May July Beptember
Friday's Bales:-
671/671
671/671
671/971 674/872
671/671 -671/671
BBE
68/681
681/881
up
9,133,000 bushels
-24/3
Smethwich Drop For... 18/3
CHICAGO COBN
May July
481/481
48/481
481/481
401/401
491/491
492/491
unch.
September
50/50
50/50.
50/501
23
WINNIPEG. WHEAT
May July
October
62/62]
8117617 82/62
unch.
621/821
62}/620
621/621
631/03
831/631
10/3 232/6
March
90 83/14
82/6
10.88b/90a. 10.80b/98a 10.87b/90a 11.28/29 11.31/30 11.30/30 June
42-3/4 NY Silver, Odicial ...... NY-London Cross Rate 4.68-5/8
.01 of
.02 up
unquoted 4.68-5/8
NEW YORK-STRAITS TIN
45.50*`N 45.20b/55a 45.50 N
unch.
NEW YORK HIDES: (New Contracts)
No comments yet.
Private notes are available after approval.