1939-03-04 — Page 12

$1410

#!

$16 30

18.60 35.60

Last Sale

MARCH 3, 1939

STOCKS

258

$58

Last Sale

Mar 2

Mar 2 $10.20

Hecker Products

11

$281

23

Homestake Mining

841

D

| Int. Nickel

523

141

Int. Tel. & Tel.

91

81

Johns Manville

941

93

Amer. Can

Kennecott Copper

378:

31

Libbey-Owens-Foru

Glass 483

$1

Amer. & Foreign Power....

$16,80

173

Lockheed Aircraft

331

Ameri & Foreign $7 pÍN.

$4.10

24

Loew's Inc.

497

PAGE 12-HONGKONG DAILY PRESS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS|Calcutta Exchange

MARCH 3, 1939

On Loridon:-

Telegraphic Transfer. 1/ 13-18

Bank Blil, on demand?/2 13/16 Credits 4 months' aight 1/31/18

On Shanghal:

On demand

On demand.

On Singapore:-

On Japan:-

On demand

On India:

186 000

3

108 3/4

Telegraphic Transfer. J62 1/3 |

and demand

On New York:-

Bank Bills. on demand 28 7/8 Credits, 30 days' sight 99 3/8

On Bataris:--

On demand

Ou Paris:

T

04 1/4

Bank Bills, on demand 1000

Credits 4 months' sight 1130

On Sakon

On demand

Os Manila:-

On demand

*L

Calcuttu, Mar. 2 (Reuter). T.T. oh Japan, 78-5/8. "

India Rupee Paper

Bombay, Mar. 2 (Reuter), Govt. 3% Rupee-Closed.

"..

Lendon Exchange

London, Mar. 3 (BWS), Closing mean rates were :~~- Paris 176-57/64.

New York 4.68-13/16.

. Geneva 20.631.

Amsterdam 8.821.

Milan 891.

Berlin 11.58.

Buenos Aires 20.34. Bombay 1.5-51/84d. Other rates unchanged.

SILVER MARKETS

LONDON SILVER,

London, Mar. 2 (Reuter).

Silver India bought. Bears

LONDON METALS

EXCHANGE

London, Mar. 2 (Reuter

Standard, Cash 41-15/16 42 Standard,

J

3 months 42-1/4 Electrolytic 47-1/2 - 48-1/4

42-5/16

www

TIN

Standard, Cash 214-1/4 -214-1/2 Standard,

STOCK EXCHANGE.

COPPER

buyers £

Bajers

Seller Sales Soulcal

FRIDAY 3.

şellers £

علام

£9

MAR.

Banks

H.K. Banke

Do. (Col. Reg.)

No. (Los. Reg.) Chartered Banks

Marcantile Bk. "A" 997 Marcantile Bks. "C

Buyers Balises

Sales Womina

£13 $88

*****

***

14

$1410 2894

£50

Bank of East Asia ...

$13

4

0475

$180

N. C. & 8. Banks...

Insurances

ba ots. Underwritten

$85

#2

Canton IngaYRDOM ...

Unjon InsuranOSE...

$110

150

5.59 $.57

*****44

$475

F.& Fires

'87

SID

180

Shipping 11

Dougla

Steamboats

Indo-Chinse

7175

9071

#14

(Prod.)

$55

196

Indo-Chinas "(Def.)...

#24

90/J

Bhells

{Waterboats

::

86/10

$6

3 months 213-1/2

LRAD

11

213-3/4

$217

$470

Foreign,

Omicial Price 14-3/18 Foreign Oficial'

14-1/4

$180

3 months 14-3/8

SPELTER

14-7/16

Ordinary,

Official Price 13-5/8

13-11/18

Ordinary. Official

3 months 13-7/8 13-15/16 Final Afternoon Transactions

Tin. Standard, Cash, £214-1/4 $6.36

sellers:

Tiri, Standard. 3 months. £213-

covered. Buyers satisfied. Market. 1/2 sellers. In the afternoon, the market, was quietly steady, with small buyers

108 3/4

US

On Bangkok

On demand

150

at the rate.

Sterling Notes:-

Bank Buying Rate

1/3

Bar Silver per os.

20 1/B

Market Report

From Rots Bros.

Spot, 20-1/2d.

Forward, 19-3/44.

NEW YORK SILVER

New York, Mar. 2 (Reuter). Oracial Price. 42-3/4,

BOMBAY SILVER Bombay, Mar. 2 (Reuter).

Indian Mint Silver

Market-Closed.

HUMBAY SILVER Unofficial Quotations

The price for Ready Silver zose 1/16 yesterday to 20.1/2 but the Forward rate was unchanged at 19.3/4. Silver advices reported some bear covering. India, bought. The market closed steady with Ready buyers satisfied. American Silver Mar. 17 Settlement Apr. 17 Settlement Market-Quiet.

was quoted at 42 3/4 for Spot..

The London/New York Cross- rate Was quoted at 483.31. New York/London was quoted at 488. 13/16.

Market.. Steady but quiet,

Sterling

¿

There were sellers at 1/2.29/32° March, 1/2.7/8 April/June, buyers at 1/2.13/18 for cash and 1/2.29/32 April/June.

U S. Dolları

There were sellers

W

33-09 52-08

52-08 52-08 52-04 $2-04

·BROKERS' LOANS

817

$161

#:

$0.45

Docks, Wharves,

Godowns, etc,

$116.K, & K.- Whartm

Providents (old)

APOT

3118

APRIL-JUNE

$0.65

#6.30 | Providente (nové)

$4.25

$164

H.X. & W. Dooks...

Do.(new) prstene

117.80

$17

#96 Shanghai Donka 8..

$101

16.60 New Engineering

Mining

17/3

[17/4)

Baube

38.20

Vezeruola Gold Fide

#3

bcta

Hong Kong Mine...

--

Lands, Hotels and

Buildings

Week-ended

2/3/39 $647,000,000

.36.80

H.K. Hotels

10.25 16.90

$50

H.K. Lands $38

JULY-SEPT..

SINGAPORE RUBBER

February 1 buyers sellers

March 2

buyers sellers change 28-7/8 29-1/8 28-5/8 28-7/8 of 1/4 28-1/8 -29-3/8 29

off "1/8 29-1/4 29-3/8 29-5/8 29-1/4 29-1/2 off 1/8

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

Early in the morning the market displayed a steady undertone. thus reflecting conditions prevailing in London and New York,

Whilst consuming interests continued to be good buyers of "ac- tuala," speculators were somewhat hesitant to enter into fresh .com- mitments, preferring to await further developments.

tore.

Subsequently the market turned dull, closing with a quiet under-

LONDON RÜBBER

$107) Do. 4 Debentur

$100

#9.35 Shanghai Lands

B.

Previous close

To-day's close

$5.20

H.K. Realtica ......... 8868 Humphreya ........ $100 Chinese Estates

Colion Mil«.

35.90

18+

buyers sellers buyers sellers. change

SPOT

8-1/4 8-3/8

8-3/18 8-5/16 O 1/16

APRIL-JUNE

$17.60

JULY-SEPT.

898 #29)

OCT.-DEC.

8-7/16 8-1/4 8-5/16

8-3/8 8-3/8 8-1/28-5/16 8-7/18 8-7/10 8-9/16 8-3/8

8-1/2

off 1/18

of 1/16

of 1/18

$434

After ruling easy, the market steadied up..

New York, Mar. 2 (Reuter).

Loan "on securities to brokers in New York:-

Week-ended 23/2/39 $640,000,000

LONDON GOLD

London. Mar. 2 (Reuter).

Bar Gold, Fine per oz.. 1438/3). Dollar Parity, 1d. premium.

NEW YORK STOCK EXCHANGE

STOCKS

at 29 1/8

Adams Express

March, 29 1/18 April/first half Alleghany Steel Co May, 29 May and 28 15/16 June, Allied Stores buyers at 29 3/16 for cash; 20 1/8 Allis Chalmers first half of April. 29 1/18

and probably 29 for June.

Shanghal Dollars

Sellers at 183 18.

May Amerada Corps,

QUOTATION

.

FINANCE

HONGKONG SHARE QUOTATIONS

SHAREBROKERS, ASSOCIATION

SATURDAY, MARCH 4, 1939.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

New York, March 2.

$17.60 Ewn (8}

$102 Bhai Cotions (8.)

++

11

Zoong Sings (8.)

$13

Wing Ga Textiles (8)

"Public Utilities

$16.90/17

Tramways

$17

$171 18.83/17

89

Peak Trams (old) ...

3

#4

Peak Trans (DOW) ...

$4

+

$588tar Ferries

167

$23.70 mati Ferries (0)

$34

$12.70 Do. (new)

1:3

China Lights (

*8.70

China Lights (New)

$0.60

China Lights Hts.

H.K. Blectrics

1591

$18 Macao Electrica

Sandakan Lights

Telephones (old)

57 Telephones (Dew)

23,0Tractions

240Tractions (prof.) ......

#:22)

1291.

Shanghai Market

Sellers

at 8.1/8 for 8pot

Amer. Locomotive

and

Amer. Metals Co.

341

Martin, Glen L

371

125)

825}

167

Monsanto Chemical

981

17

The market afternoon,

Sterling

US Dollars at 15.7/8 for Spot.

Afternoon Market

was quiet in the Amer. Sting and Ring Co.

The market closed with sellers at 1/2.29/32 March, 1/2.7/8 April! June, buyers at 1/2.15/16 for cash and 1/2.29/32 April/June.

US Dollars ·

The market closed with sellers

at 29 1/8 March. 20 1/16 April/

first half of May, 29 May and 28 Bendix Aviation 15/18 June, buyers at 29 3/16

Cash, 29 1/8 April, 29 1/16 May

and probably 29 June.

Shanghai Dollars

193 1/2 sellers for Spot.

川

Shanghai Exchange

Shanghal, Mar. 3 (Reuter).

Bethlehem Steel

Amer. Radiator

181

'Montgomery Ward

518

$11

Amer. Rolling Mill

454

Cat. Dairy Products

147

38

Amer. Sugar Ring

20

Nat. Distillers

271

Rope

bcellaneous

Dairy

Farms .....

Ch. E'tainments......

Constructions (old)

Constructions (new)

Lane Crawforda

Industrials

314

Cald., Mog. (0xd.) 8.

#18

Cald., Macg. (Fref.) 8.

¡Canton Icon

Cements

$15.70

$4.10

8251

37

#4

NEW YORK COTTON

The market opened steady, although values advanced only slight- ly. Turned irregular, but maintained a steady tone. At the close. the market was arm on some trade and foreign buying, but prices falled to rally substantially.

NEW YORK RUBBER

Prices reflected the easiness in London, but offerings were scarce. The market, however, recovered later in the session and finished well. Prices at the close were well above the day's low levels.

CHICAGO WHEAT"

No interest is being displayed in this commodity. After a some- #1-30 | what steady opening, prices sagged on favourable weather reports.

Mar. 2

Dow Jones Industrial Averages

147.15

Mar, 3 Change

146.96

off 19

7:

$8

1597

Amer. Tel. & Tel.

National Gypsum

Nanyang Tobacco...

934

14

31/

Biacere

$1.85

Amer. Tobacco “B” Anier. Waterworks

873

National Load.......

223

87 80

Watsons

$7.00 $8.10 $8

N. Y. Commodity Market

134

Nat. Power & Light

82

66*.

Anaconda Copper Atchison, T. & S. Fe. Auburn Motors ... Baltimore & Onlo Barber Asphalt Co- Barnsdall Oll .....

301

Nat Supply Corpn.

121

3.pm

381

New York Central

193

- 37"

¡N. American Aviation

18

61

North American Co.

257

173*

Northern Pacifc

124

13/6

161

Pacific Gas & Elec.

32

4/7

4/7

271

Pacific Lighting

477

737

Packard Motors

4

Boeing Airplane Co.

301

Paramount Pictures .......

11

Borg-Warner ...

261

Pennsylvania R.R.

22+

Biggs M'facturing

261

Phelps-Dodge

391

Ch. 0.5% 1925G $Bàs. H.K. Gort, 4% Loans H.K. Gort. 3% Loan H.K. Wing On ... S'hal Wing On...... Vibro Piling Marsmans Inv. (Loo.) Margnane Inv. (H.K.)

90W Powells

to Shanghai

LONDON STOCK

$100

+

.85%

$104

3411

fot

$0.00

190 cta

Fligh

•Hales

EXCHANGE

Brooklyn-M'hattán, Trans.

12/

Phillips Petroleur

39

New York Cotton —Mar, New York Cotton --July" New York Rubber -- Mar. New York Hides -- Mar. May Chicago Wheat

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

Low Close Close Change

8,29 8.20 8.25 8.29 ,04 up 8.05 7.99 8.04 8.05 01 up

16.73 16.01 16.74 16.7004 off 11.84 11.73 11,85 11.94 ,09 up

跟 681

Prev. To-day's

681

687-

411

Public Service of N.J.

B'klyn-M'hattan $6 cum pt.

361

Canadian Pacific R'way. ...

5

Pullman Inc.

35

(REUTER'S SERVICE)

Chicago Corn Winnipeg Wheat — May

May

491 491

431

401

621

62€

unch. off unch.

Pure Oll

London, March 2.

Case, J.I.

91

Radio Corpn. of Am.

T

Celanese

Opening

Chesapeake & Ohio

381

Republic Steel"

21F

London

New York

Japan

Paris

Hongkong

0/8

Chrysler Corpn.

B01

Reynold Tabaç. "B"

384

15-5/8

Columbla Gas & El.

બ

Schenley Distillers

The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.

NEW YORK COTTON

161

March (1939)

Close

8.60/61

Opening

Closing

Change

8.61/62 8.60/61

unch.

56-7/8

Columbia 6% "A" DÍ.

શ

Schenley, 51% pfd.

71

5.48

Commercial

54&

Sears Roebuck

74

War Loan, 31% (Red

Union Insurance

301*

May

8.24/25

8.25/25

8.27/29

.04 up

53-3/8

Commonwealth & 8. (ord.).

17

Shell Union Oil

127

Open Market-Selling Rates

C'wealth & 8. 6% cum pt.

521

Socony-Vacuum Öfl

after 1953) Canton-K'loon Rly. 5% 19-

977

127

Sterling

Opening Closing

Consolidated Edison

331

Southern Pacifc

184

Consolidated Off

64

Southern Rly $5 pld,

301

Spot March

0/8-1/8 0/8-1/8. Continental-Can ..........

401

Sperry

1838 (Brit. Isaub)................ Chinese 41% Gold Loan, 731 Chinese 3% Gold Bonds,

1:

45

Standard Brands

68

0/8-3/32 0/8-3/32 Continental Ol

264

7.

April

May

0/8-5/64 0/8-1/16 Com Products 0/8-1/3a 0/8-1/64 Curtiss Wright (C.)

Curtiss Wright "A" U.S. Dollars

851

Stand Gas & Elec.

Criin, 41% Anglo-French

34

Standard Oil of NJ.

Loan, 1908..yesim

52

Gula Kalumpong Rubber 20 Allied Ironfounders

19/3 Asso. & Elec. Industries 43 Austin Motors, ord....... 33/0 Cable & Wireless, New

Form,.ard.

47 B.-A. Tch. (bearer).... 102/6 Cammell Laird, ord.

July

8.04/04

8.04/04

8.04/05

01 up

October

1.59/59 7.59/59

7.60/60

.01 up

December

7.53/53

7.54/54

77.54/54

.01 up

January

(1940) 7.55/56

754b/50

7.53/53

03 off

Spot

9.05 N

$.05 N

unch.

9

61

484

The last Notice day for March Cotton is March 17.

NEW YORK RUBBER

Stone & Webster

Chinese 3% Crisp Loan, .

Mexican Eagle

6/9

251

151

Spot

$15-7/8 $15-27/32 Deere & Co.

21

Swift International

1912

35

Courtaulds

28/9

March (1939)

March

April

..15-3/4

15-23/32 Douglas Aircraft

May

15-21/32 15-5/8

15-13/18 19-13/18 Distillers Corpn. Seagrams. 201

Du Pont de Nemours

Technicolor ........

Chinese 5% Reorg. Loan,

Distillers

94

181

711

Texas Corpn.

1913 (Lan. Is.)

40

Dunlop Rubber

May

27

421

150

Texes Gulf Sulphur

Chinese 5% Bter. Notes,

Gen. Electric (England) 80

September

201

Market-slightly easy.

Sterling, 0/8-3/32.

Eagle Picher Lead

11

Trans-America Oc.

-1925 (Vickera)

14

6.

20th Cent. Fox

Eaton Mfg. Co.

25+

231

Merchant Rates

Elec. Autolite

341

20th Cent, Fox. 31† pt.

Loan

Union Carbide & Carbon

Elec, Bond & Share

117

-837

US Dollars, $15-13/18.

Elec. Bond & Share $5 pt.

Union Pacifc .....

1024

Bilver Duty Rate

Elec. Bonds Share $6 pt.

701

United Aircraft

40

The Central Bank of China's Elec. Power & Light $7 pf. rate on London at 10 a.m: to-day Flintkote

was 1/2-1/2d.. unchanged from Gen. American Trana. Saturday.

The Equalisation rate was 7-3/4 Gen Motors

United Airlines Trans. .............y"

381

127

281

United Corpa, .............

39

67

United Corpn. $3 cum pf.

0%

381

Gen Electric

411

United Gas Corpą.

23

491

United Oas Improvement

127

per cent,'

Gen. Railway Bignal

241

UA. Rubber

49

Glidden Co. .................

US. Rubber $8 pfd.

¡1051"

Berlin Exchange

Goodrich (B.F.).

22

US. Steel

634

Berlin, Mar. 3 (T/Ocean)]. The Reichsmark was quoted Goodyear Tire & Co. without guarantee at:-New York Great Northern Iron Ore ......... 40.14, Paris 1515, Amsterdam 75.56, London 11.68),

Goodrich $5 pf......

651

Vanadium

24

337

Warner Bros. Pich.............

54

144

Westinghouse Elec. .....................

112

Great. Northern Rly, pfd.

28;

Woodward Iron Car.

Great Western Sugar ... Greyhound Corpn.

201

Chase National Bank

21

Paris Exchange

Paris, Mar. 3 (T/Ocean), Sterling, was quoted at 1761 to 176.15/16; W.8. Dollar at 37,74 to 37.75.

New York Exchange

New York, Mar. 2 (Reuter). T.T. on London (Opening Rate), "4.68-7/8.

National City Bank

old.dir.

.241 .33 * 21*

DOW JONES AVERAGE

1928 & 1939

High. Low Dow Jones Averages, Mar. 1.

156,41 91.46;.30. Industriale.

84.33 18.00) 10 Raliz 28.11 18.14 30. Utilitzen

147,15

32.45

25.85

17.09.70 83,39 40 Bonds

50,00 -45.03 11 Commodity Index 49.5%

Mar. 3, 1923.

High Low Close Change 147.19 148,31 148,0819 of 31.56 32.18 · 32.47. 02. up 25.83-25.65 33.75 0 of 010410 up 49 33 19 of Business Done:~~600,000 shares...).

Chin. Imperial Rly. 6%

Honan Rly. 5%

Hukuang Rly, 5%, 1911...

Hukuang Rly. 5%, 1911.

(German Taste)

Lung Tsing & U. Hai Rly.

S'hai-N'king Bly. 6%

Tientsin-Pukow Rly, 5%

(Brit. Stpd.). Tientsin-Pukow Rly. 5% (German Stpd.) ...... Tientsin-Pukow Fly, 5%

16

(Brit. Stpd. Supl. Laan), 18° Tientsin-Pukow Rly, 5%

(Ger. Btpd. Supl, Loan). 16 Jap. 5% Bter. Loan, 1907 441 Jap. 6% Bter, Loan, 1924 49£ Ger. 7% Intl. Loan, 1924 38 Chartered Bank

HK. & S'hai Bank Lán.

Reg

E.K. & S'hai Bank (Col.

Reg.)

Chinese Eng, & Mining

(bearer) au Chosen Corporation Pekin Byndicate......

S'hal sc. Constr. Co. 25* S'hai Waterworks.

Woolworths Anglo-Dutch

Rub. Plant, Invest. Trust - 29 Burma Corporation, ...........#g/9 Commonwealth Mining 1/3 >Marsman " Investments... 15.

Randfontein Estates Western Holdings

Sub-Nigel TE

Tanami Gold Mining..... 430,

23

16

9

2. una a do 2 • • *‡ão. 2 8 ESKAD

Guinness (A) Son & Co. 106/9

December

16.73/73

16.65/70" 16.74/74 16.73/73 16.68/70

16.87/67 16.64/63

16.58/00

.03 of ..04.01 .07 of

16.68/68

16.60/50

16.58/88

.10 of

Hawker Siddeley Air... 20/9 Bristol Aeroplane.....

21/9

To-day's Sales:-1,930 tons.

The last Notice day for Rubber is March 29,

Imperial Chemical Ind. 31/71' Imperial Tobacco

138/9

Marks & Sp'cer "A" ord. 50/104

Rolls-Royce

113/9

May

Leyland Motors

July

131

Tate & Lyle

B1/10

September

CHICAGO WHEAT

687/661

681/681

unch.

681/60 601/693

684/881 -:681/687*

691/691

off

Turner & Newall.

78/104

United Steel

23/44

Smethwick Drop Forg... 18/0

Wednesday's Bales:---5,569,000 bushels.

CHICAGO CORN

Armstrong Stevens, ord. 7/9 Pressed Steel, com....... 17 Vickers, ord.

23/71

..... $4/17

May July Beptember

*491/401 402/492

51/511

491/401 501/501 500/501

510/514

4-514/511

--513/614.

WINNIPEG WHEAT

May July October

36/104 10/3 ***** 231/8

NEW YORK HIDES: (New, Contracts)

June

Anglo-Iranian

Burmah

93/11 85

17/3

Shall Trans. & Trad.

*(bearer)

Beptember NY Silver, Omcisi ...... 42-3/4 NY-London Cross Rate 4.88-15/16

11.84/85 12.226/27a

11.78/79 11.90/94

12:14/14

12.33/33

42-3/4

4.68-13/16

88/3

"Nominal

Beptember

45.90 B

NEW YORK-STEAFTS TIN

44:50b/80: 48,90 E

621/621

021/621

021/521

631/631

031/63

83/031

631/631

€31/034

ป