1939-02-25 — Page 12

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PAGE 12-HONGKONG. DAILY PRESS

MONEY AND...

EXCHANGE

CLOSING QUOTATIONS | London Exchange

FEBRUARÝ -4,1839

On London:--

Telegraphic Transfer. 1/9 3/4

Bank Bills, on demand!/2 8/4.-

Credits 4 months sight,1

On Shanghai:--

On demand

On Singapore:---

On demand

On Japan:-

On demand

On India:-

Telegraphic Transfer.

and demand......

On New York:-

London, Feb, 24 (BWS) Closing mean rates were — Paris. 177-1/64. New York,"4.887. Montreal. 4.71).

Brussels, 27.87).

Geneva, 20.12).

17 nom

Amsterdam. 8.791.

Milan. 391

Belgrade. 209.

tos A

Bank Bills, on demand 28 3/4 Credits: 60 days' sight 29 1/4

Un Batavia:----

On demand

On Parts:

53 3/4

Bank Bills, on demand 1085

Credits 4 months" sight 1125

On Saigon:-

On demand

108 3/8

On Manila

On demand

37 8/4

On Bangkok

„On demand ...................................... 180 3,8 Sterling Notes:--

Bank Buying Rate * 1/2 15/20 Bar Ellver per o

Market Report

20 9/10

From Roza Bros. The price for Ready Bilver dropped 1/18 yesterday to 20 9/16 but the Forward rate, was un- changed at 19.13/16. Silver Ad- Picea

reported small sales by America. The market was quiet but "featureless, American Silver was quoted at 42 3/4 for Spot.

The London/New York cross- rate was quoted at 488.87. New York/London was quoted at: 408. 15716.

Maritet

Quiet:

Berlin, 11.694.

Other rates unchanged.

Berlin Exchange

تحریم

Berlin, Feb. 24 (T/Ocean). The Reichsmark was quoted without guarantee àt:-Paris 1516, Amsterdam 75.10 to 75.20. London 11.681

Peris Exchange

Paris, Feb. 2 (T/Oceán). Sterling was quoted at 176.95 to 177; 0.8. Dollar 37.75 to 37.76.

India Rupee Paper

Bombay, Feb. 23 (Reuter). Govt, 34% Rupee-Closed

LONDON GOLD

London, Feb. 23 (Reuter). Bar Gold Finé per oz, 148/4. Dollar Parity, 1/2d, 'premium.

BROKERS' LOANS

New York, Feb. 23 (Reuter). Loan on securities to brokers in New York:-

Week-ended 16/2/39 $660,000,000

NEW

Week-ended 23/2/39 $640,000.000

SILVER MARKETS

LONDON SILVER

Londan, Feb. 23 (Reuter). Silver-America was a small sel- ler, otherwise, the market was featureless, but gület In the afternoon, the market was quiet, with small sellers at the fixed rate.

Spot, 20-8/164.

Forward, "19-13/184.

NEW YORK SILVER

New York, Feb. 23 (Reuter). Omcial Price, 42-3/4",

BOMBAY SILVER

Bombay, Feb. 23"(Reuter).

Ontake 20 bars.

| Market-Quiet.

Intro mất gi

Ready

“.................... 82-15, 62-13 Mar. 17 Settlement... 52-07 52-07. 62-03 32-02 Apr. 17 Settlement Market Quiet

BANK OF FRANCE GOLD RESERVES

Paris, Feb. 23 (Reuter), The return of the Bank of France for the week ended Febru- ary 15, shows gold reserves total- ling 87,268,000,000 Francs of gold content 27.5 milligrammes, show- ing no change from the previous week

The total note circulation given as 110,785,000,000 Francs, showing a decrease of $74,000,000, 000 Francs as compared with the previous week.

WOLFRAM EXPORT LONDON, Feb. 23 (Rewer) Reuter is reliably informed that the Chinese Government has conferred on a Pekin syndicate the sole ex- port rights of wolfram

YORK STOCK EXCHANGE

(Through Renter's Service)

QUOTATION

Sterling

There were sellers at 1/2.7/8 February, 1/227/32 March/April and 1/2.13/16 «May/June, buyers at 1/2.29/32 Cash, 1/27/8 March/ May and 1/2,27/32 June.

U.S. Dollars

There

were sellers at 29 1/16 for cash, 29 March/first half April and 28 15/16 May, buyers at 29 1/8 Cash, 29 1/18 March/first hair April and 29 May, probably April.

Shanghal Dollars

Sellers at 182 3/4.

Shanghal Market Bellers of Sterling at 8.1/8 for

Spot and U.B.S. at 15,7/8 for Spot.

Quiet.

H

Afternoon Market

STOCKS

Adams Expres ..............

| Alleghany Steel Co. ....

Allied Stores Allis Chalmers

Amerada Corps, ......................... Amer. Can ******* Amer. & Foreign Power

The market was quiet in the Anaconda Cooper

afternoon.

Sterling

No business was reported, finish-Baltimore & Ohlo ing with sellers at 1/27/8 Febru-Barber Asphalt Co

ary, 1/2.27/32 March/April and 1/2.13/16 May/June, buyers at 1/2,29/32 Casḥ, 1/1.7/8 first half

March/April and 1/2,27/32 June,

U.$. Dollars

Barnsdall Ol

Bendix Aviation Bethlehem Steel

The market closed with sellers Brooklyn-M'hattan Trans. 123

at 29 1/16 Cash, 29 February/ B'klyn-M'hattan $6 cum pf.:

March and 28 15/16 April," buyers

at 29 1/8 Cash, 29 1/16 March and

probably 29 April.

Shanghai Dollár

FEBRUARY 24, 1939

FINANCE

HONGKONG SHARE QUOTATIONS

-STOCK, EXCHANGE

Mara Ballers Sal Nomb

SRAKERROKKEN ASSOCIATION

FRIDAY 24,

·FEB

Buyer Sellage

Komima

•Banks.

81440 CD. 8.5. Be

Do. (Col. Hag.). Doi Lon Bia

20 Chartered Banks

2377 Harcastile Big *****

Bank of Håbi Auta ...

N. C. & S. Banka... Insurances

Underwriters sms

fis

#

CD. $1440.

X.D.

183

£13

1.55.

3.60

7175

$65 $14

SATURDAY, FEBRUARY 25 1939.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

Canton. Insoriacous

| $475 | $48737°470

$175

Union InsuranoM

60 ota.

H.E. Fires

Shipping

488

Douglanan

$18

Steamboste

60

Indo-Chinas (Prof.)

Indo-Chinas (Del.).....

53/9

Shellu

Wdཐོབ་ག1 ཕཤ-wi

8.P.O T

$118

APRIL-JUNE

$6.30

JULY-SEPT.

$17.80

$17

#101

31

17/3

8.90

Docks, Wharves, Godowns, etc..

$110 H.K. & X. Wharves $0.15 Providenia (old)

$6.50 Providents (new)

$17.70 E. & W. Dock..

Do, (new) ......2009 2 Shanghai Docks 8.

$161

398

20

New Engineerlaps 8.

17/3 Kailang

$3

#Razba

Mining

Yangquela Gold Vide

3 cta Hong Kong Mines ...

$64

$6.85

取帽

+86

::

!!!

Lands, Hotels and

Bundings

H.K. Hotels.

H.X. Lands

$107) Do. 4% Debentures

###

$6.05

A

$38

68.60 Shanghai Landa. 8.

3415 HK Realties .........

38.55 Humphreys

$100 Chinese Estates .......

Cotton Mills" $17.40 Bwn · [8,)

103 S'hal Cottons (8.)

32+, Zoong Sings (8.)

:.

:

$0.70

New York February 23.

SINGAPORE RUBBER

February 21

28

buyers sellers

28-1/4

Feb.23 buyers sellers

13

28

chante inch.

28-3/8 28-3/8

38.30

28-3/8 28-5/8.

23-5/8 28-7/8

25-5/8 23-7/B

The market opened with prices unchanged for all deliveries compared with Wednesday's closing rates app

Throughout the day the market ruled with a quiet undertone. Whilst there were fair enquiries for "spot" Rubber, speculators per- ferred to await further developments, particularly in the New York market, which was closed yesterday. In view of this fact only a moderate volume of business was transacted on basis of quoted

The market closed with a quiet but steady undertone.

LONDON RUBBER....

rate

Previous close

To-day's close

buyers sellers buyers sellers

$5.00

134

SPOT

APRIL-JUNE

JULY-SEPT.

$17.80

OCT.-DEC,

808 #201

$481

Tramways

$16.60/70

Peak Trams (old) .....

13

$4

Peak Trams (DÓW) .......

3.3

Star Ferri

271

C.D.

#73

'ati Ferries (0)

843 Wing On Textiles (8.)

Public Utilities

::

:བྱུ:;

8-1/8 8-3/16 8-3/16 8-1/4. 8-3/16 8-1/4 8~1/4 8-5/16 8-1/4

8-3/8 '8-5/18 8-5/16 8-3/16 8-3/8

up

up 1/16

Up 1/16

8-3/8

8-7/18

up 1/16

Market drm and more active on trade and outside buying and dealer covering.

Rubber stocks held in the United Kingdom showed a decrease of 2,948 tons for the week ending February 29, 1939.'”

NEW YORK COTTON ··

Early in the day values receded sightly owing to lack of de- mand. Later, the market turned firm and was moderately active on better advices from Liverpool. Some short covering towards the close imparted a steady tone. It is reported that the Secretary of Agriculture is in favour of the Smith Bill for the release of Loan cot-

tom.

NEW YORK' KURBER

Values advanced early in the session on fair demand from fac- tories. Later, the market further strengthened on, better London cables. There was considerable covering by short interests, whilst activity increased on the upside.

CHICAGO WHAT

A lower market, in sympathy with foreign advices. The under-

tone, however, is steady on reports of unfavourable weather and the possibility of crop scares in the near future...

ونا

Do. (naw).

China Light ( Chins Lights (New) Chine Lighta K ¡H.K. Electrics. $18Macao Blectrica

Bandakan Lights $22) Taiephone (old) $71 Telephones (new).... 23, Tractions

240 Traction (prof.) Industriais

Cald., Mang. (Ord)B Cald., Macg. (Fref.) S. Canton Ices............... Cemente

Bopa

Miscellaneous 231 Dry Farms

[Ch. Eʻtainments'

Constructions Constructions

Lane Crawfords

(MBC)

Nanyang Tabacco

**

311

Sinceres

$7.80 Watsons

157

$130

#154

富鑫

$3

$13

$7.05

(old)

*

18

#31

Dow Jones Industrial Averages

$2

$7.86

61%

$104

$100

$41

$6.60

90 cis

67 Ch. 0.5% 1925G $Bds.

H.. Govt. 4% Loans

par H. Govt. 34% Los

H.K. Wing On

S'hal Wing On

#6.de Vibro Piling

14/6 Marsmans Inv. (Lon.)

Saramans Inv. (H.K.) Wm. Powells

EXIM to Bhanghal

LONDON STOCK

A

EXCHANGE

(REUTKE'S SERVICE)

London, February “23,

Last Sale Feb. 23

"

STOCKS

Last Sale

*$9.86

.. Feld, Z3

87

Hecker Products

111

22

Homestake Mining

634

91

Int. Nickel

52

42

617

Int. Tel. & Tel. Johns Manville

8

*******

901

$14

88A

Kennecott Copper

38

31

Libbey-Owens-Ford

Glass 474

$15.40

161

Ameri & Foreign $7 pt. Amer. Locomotivė

Lockheed Aircraft

351

Z4

Loew's Inc::

474

Amer. Metals. Col

331

Martin, Glen L

373

Amer. Radiator ...

151

Monsanto Chemical

991

18

Amer. Rollwig X431

Montgomery Ward

491

Amer. Tel & Tel

Amer. Sting and Ring Co. Amer. Sugar Ring

441

at. Dairy Products

144

Feb. 27

Feb. 24 Change

142.84

142.93

up

20

Nat. Distillers

27

1567

National Gypsum

14

Amer. Tobacco "B" Amer. Waterworks

841National Load

23

13

Nat. Power & Light

*81

3

281

Nat, Supply Corpa.

121

N. Y. Commodity Market

Atchison, T. & S. Fe. Auburn Motors ..:

34

New York Central

181

N: American Aviation

188

61

North American Co.

25

171

Northern Pacific.

111

147

Pacific Gas & Elec.

3/7

314

·BQ 214

271

Pacife Lighting

46

(By Courtesy of Messrs. Swan, Culbertson & Fritz and 8. E. Levy & Company)

693

Packard Moters

4

Boeing Airplane Co.

311

Paramount Pictures

10

Prev. To-day's

Borg-Warner

241

Pennsylvania RR.

197

High

Low

Close Close Change

Biggs M'facturing

2:5

Phelps-Dodge

3811

Philips Petroleum

New York Cotton - Mar.

$8.50

8.45

384

401

Public Service of NJ.

New York Cotton

July

7-89 7.84

351

Canadian Factic R'way. Case, J.,.

42

Pullman "Inc.

New York Rubber

16.40 16.30

3221

New York Hides

-Mar

10.90 10.32

8.47 8.48 01 up 7.84 1.8804 up 18.2716.37 10 off 1084 10.74 10 off

83

Pure Oll

Celanese ge

221

Radio Corpn. of 'Am.

Chesapeake & Ohlo

35

Republic Steel

201

183.

Chrysler Corpn. .............

7571

Reynold Tobac. "B"

381

Columbia Cas &

Schenley Distillers

The following quotations are the middle prices as the close of the market in Londón. All quotations are subject to confirmation and no responsibility is assumed för érroes in trankiniszleri.

Chicago Wheat Chicago

May

571 687

Com

May

501 491

50

Winnipeg Wheat

May

621

621

63 821

157

NEW YORK COTTON

........ 58-7/8

Paris

ruary

Shanghai Exchange

Shanghai, Feb. 24 (Reuter).

London

New York

"Japan ..

Hongkong

0/8

Opening Consolidated Edison

Consolidated Of......... 15-5/8 Continental Can

Continental Ol

Open Market-Selling Rates Sterling

Opening Closing

6/3-1/80/8-1/8 Du Pont de Nemours 0/8-7/64 0/8-7/64 Eagle Picher Lead 0/8-5/64 0/8-5/64 Eaton Mig Co.

mec, Autolite

Columbia, 6% “A” pf. Commercial

841

Schenley, 54% pra

53

Sears Roebuck.

711

War Loan, 34% (RAL

Commonwealth & B. (ord.)

14

Shell Unloft Off Ma

131

C'wealth&s. 4% cum pf.

00

Socony-Vacnura Ctr

· 121

after 1952) Canton-Kloon Rly. 5% 18

931

Union InstrANCE Gula Kalumpong Rubber 18/9,

304

Close

Opening

Closing...

Cha

Allied Ironfounders

March (1939)

8.46/47//

8.45/45

8.47/48

18/9

323

Southern Pacine

16+

Chinese 4% Gold Loan,

81

Southern Rly $5 pfd.

251

1898 (Brit. Issue)........................

Asso. & Elec. Industries 42. Austin Motors, ord.

May

8.08/08

8,10/09

8.09/09

31/3

July

7.83/84

7:86/87

7.88/88

38+

Spetry

'464''

Chinese 5% Gold Bonds,

261

Standard Brands

1925-47

Cable & Wirelesa,: New A

Form, ord...nvoim

October

7.40/40

7.44/44

7.45/40

December

7:37/37

7.39/40

7.38/39

441

5.43":

Corn Products

630

Stand Gas & Elec.

Chin. 31%-Anglo-French

B.-A. Tob. (bearer)-

31

98/9

.53-3/8

Standard Oll of N.J.

Los 1908

52

|Curtian Wright (C)

સમ

477

Cammell Laird, ord,

8/3

January (1940) Spot

7.37/37 7.43/43

739/39

8.98-N

8.90 N

Curtis Wight A

261

Stone & Webster

Chinese 5% Crisp Loan,

Mexican Eagle

146.7

8/101

Deere & Co

-191

Swift International

1912

Courtaulds

271

28/0

NEW YORK RUBBER

Distillers Corpn. Seagrams

183

Technicolor‹ ................

181

Chinese 5% Reorg Loan,

Distillers

92/3

0/8-1/80/8-1/8 Douglas Atrérátt

74

Texas Corpn. laugh

1913 (Ldn. Is.)

43

Dunlop Rabber...

95

148

Texes Gult Sulphur

Chinese 5% Star. Notes,

301

Gen. Electric (Band) 78/7).

March (1939) May

16.26/27

10.31/30

18.37/37

18.28/28

16.31/32

14.35/35

102

Trans-America Co...“

4. 1925 (Vickers).png 13-1/2

221

20th Cent. FOX.

Chin. Imperial Ris. 6%

224

all

[20th Gent, Fox, $1 pt.

Loan

Guinness (A) Bon & Co 106 Hawker Siddeley Ale... 22/6 Bristol Aeroplane

September December

16.25/27

18.31/34

6.34/35

18.27/23

15.35/35

3886

5.555

8788588

Today's Sales:2,650 tons.

23

U.S. Dollars

Elec. Bond & Share

111

|Union Carbide & Carbon

Honin Rly. 5%

811

Imperial Chemical Ind. 31/9

Spot

$15-7/8 1-7/8

Elec. Bond & Share $5 pl.

61-

Union Pacific........

Hukuang Rly. 6%, 1911...

94

Imperial Tobacco

CHICAGO WHEAT

137/8

February March

15-7/8 15-7/8 Elec. Bond & Share $8 pt. 15-13/18 15-13/18 Elec. Power & Light $7 pf.

67. *

United Aircraft

41

United Airlines Trans.

Bukuang Rly. 6%, 1911

(Germán Issue) |

Marks & Sp'cer "A" ord: 57/

1-1/2

Rolls Royce

371,

May 113/11 July

68+/687

661/001

681/681

681/60

691/684

63/684

April

15-3/4/15-3/4intkote

267

United, Corpn

Luza Taint & U. Hai Rly.

Leyland Motors

85.

Market Uncertain.

Gen. American: Trans.

*$5

United Corpn. 13 cum vf.

37

Tate & Lyle

September

691/691

691/601

Merchant Rates

Gen, Electric

40

United Gas Corpor

Gen. Motors

473

United Gas Improvement 121.

Sterling, 0/8-3/32)

Gen. Railway Signal

214

UA Rubber

451

US Dollars, $15-13/16.

Glidden: Co....

US. Rubber $8 pía

108)

Silver Duty Rate

Goodrich (BF.)

201

U.S. Steel.

Central Bank of China's

Goodrich $5 pf. .....

847

Vanadium

201

1/2-1/24.. unchanged from

rate..

Greyhound Corpn

1928 & 1939

Calcutta Exchange

(Reuter

TT on Japan:: 78-8

rate on Lamdonat, 10 a.m. to-day Goodyear Tire & Co.

The Equalisation rate was 8 per Great Western Sugar

cent.

New York Exchange

New York, Feb 23 (Reuter).

TT on London (Opening Rate)) 4.68-18/16.

High Low Dow Jones Averages,: Feb, 21. - High Low Clowo 158.41, 91.96 30-Industriala ✨ị

1/ 65800.46.035 11 Commodity Index 47.66

32

Warner Bros. Pict.

Great Northern Iron Ore ... Great Northern Rly, pid. 251

147

Westinghouse Kien.

1081

Woodward Iron Cor.

224

241

Chase National BITE (2...

32

181

¡National City Bank

24*

-bid.

Shal-N'king Rly 5%..... Tientsin-Pokow Ely. 5%

(Brit. Sipd.) int Tientsin-Pakow Bly, 5%.

(German Btpd.). Tientsin-Pukow Rly. 5% (Brit. Stpd. Bupl Loan); Tientsin Pukow Rly 5% *** (Ger, Sipd. Supt. Loan)

Jap, 5% Ster, Loan, 1997, 44| Jap. 6% Bter. Loan, 1924 491 Ger. 7% Intl. Loan, 1924 304 Chartered Bank: #26 of HK. & Shal Bank Chain.

United Steel

∙80/11

Turner & Newall

Tuesday's

708,000, bushes,

78/3·

23/6

CHICAGO CORN

Smethwick Drop Fo

18/9

Armstrong Stevens, ord. 7/9

May

49"/60-

402/407

Pressed Steel, cor Vickers, ord. Woolworths

Rub Plant Burma

17/3/

July

6117514

511/511

2/1

Aptember

314/511

#514/514

013/511

24/0

28/3

8/3

May

Com

alth Mining.

1/41

14/0

July October

WINNIPEG WHEAT

623/627 621/024 +83/63) 639/084 631/64

621/821

63/63

6317634

138/104

Hotd

NEW YORK HIDES (New Contracts)

· DOW JONES AVERAGE

231/3

Thal Bank (ON

March

Feb. 24, 1923.

June

90/21

NY Bliver Omcial

263/84 21123/23

468-11/25

14264

8425 18.00, 20 Ballery

25.63 15.14 0 Utilites

P2.70 83.33 Bonds

Businem Done: 480,000 sISTOL,

29 143.83 149.55" TELSS 100297629.83 - 29 61-

Chồ 1.08 off 24.87 94.95 95,810 84.76 90.00 90,34 18 up Per

8ha!

83/9

Cross Batex46

up

Trad.

80b/45.356:45:25 1946

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