PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGETM
CLOSING QUOTATIONS { Calcutta Exchange
MARCH 24, 1939
On London:-"
Calcutta, Mar. 22 (Reuter). TT. on Japan. 78-3/8.
India Rupee Paper-
Telegraphic Transfer. 12 25-35 Bank Bills, on demand 1/2 5/327 Credits 4 months' sight 1 1/83
On Shanghai:--- On demand
Bombay, Mar. 22 (Reuter). Govt. 31 Rupee; 94-15-0.
176 nom London Exchange
On Singapore:---
On demand
52 7/8
On Japan:-
On demand
106 1/2
On India-
Telegraphic Tronster. N23/8
and demand
Un New York:-
8 13/16
Bank Bilis, on demand Credits, 60 days' sight # 5/18
On Batavia
Un demand
54 3/16
On Paris:
Bank Bills, on demand 187
Credits 4 months' sight | 127
Un Saigon:-
On demand
108 5/8
On Manila:-
57 7/8
On demand Sterling Notes:-
· 150 3/4
Bank Buging Rate
31/38
Bar Silver per oz.
10 15/16
Ori demand
On Bangkok —
42
Market Report
From Ro“ Bros.
London, Mar. 23 (BWS). Closing mean rates were:- Paris. 176-53/64.
New York, 4.68-9/16.
Montreal. 4.70-3/4
Brussels, 27.82).
Geneva, "20.84.
Amsterdam, 8.82.
Milan, 89-1/16.,
Berlin. 11.71.
Buenosaires, 20.30*.
Other rate unchanged.
SILVER MARKET
LONDON SILVER
London. Mar. 22 (Reuter). Silver Speculators sold, India bought at the decline. Market the afternoon, the steady. In market was quietly steady.
Spot, 19-15/16d.
Forward, 19-11/15d.
NEW YORK SILVER New York; Mar. 22 (Reuter). Official Price, 42-3/4.
BOMBAY SILVER Bombay, Mar 22 (Reuter).
LONDON METALS
EXCHANGE
London Mar. 22 (Reuter).
COPPER
3
buyers sellers
- £ Standard, Cash 42-15/18 43 Standard.
43-1/4 3 months 43-3/16 Electrolytic ... 43-1/4 - 49-1/4
TIN Standard. Cash 214-1/4 Standard,
214-3/4
3 months 213-1/2
LEAD
214
Freign,
Official Price 14-7/8
15
Foreign Official
3 months 15-1/18 15-1/8
SPELTERS
Ordinary.
Official Price 13-11/18 13-3/4
Ordinary, Oficial
3 months 13-15/16 14,"
Final Afternoon Transactions Tin, Standard, Cash, '£214-3/4 value.
Tin, Standard, 3 months, £213- 3/4 sellers.
LONDON GOLD
London, Mar. 22 (Reuter). Bir Gold, Fine per cz. 149/5. Dollar Purity, 1/2d, premium.
TIN QUOTA
LONDON, Mar. 23 (Reuter)—The International Tin Committee has faxed the quota for the second Offṭake 10 bars.quarter at 40 per cent. standard
tonnages. Indian Mint Silver Unofficial Quotations
Silver prices dropped 1/18 yes-Market-Quiet terday for both deliveries,
quotations
being
the 19.15/16 for
Ready and 19.11/18 for Forward. Ready' Silver advices reported
Arrangements have been made 52-11 52-09 for the liquidation of the existing India as Apr. 17 Settlement... 52-09 52-07 over-exports. The next meeting will
52-08 52-06❘ be held at The Hague on April 27. having bought and Speculators as May 13 Settlement
The market having sold. steady but qutet: American Bliver was quoted at 42 3/4 for Spot.
Was
The London/New York cross- rate was quoted at 458.25. New York/London was quoted at 408. 5/16..
Market Steady at the opening but later shade the undertone appeared a eagler
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS. ASSOCIATION
STOCK EXCHANGE
Buyers | Bellere Jelas Nominal
THURSDAY 23,|| MAR.
Bayara Bollers Sales, Xomina
Banks
· 91355
$1335/75
R.K. Banks ********
Do. (Col. Bog})
¡ £831
27
Do. (Lon. Reg.) ... Faj" | Chartered Banke ......
Marcantila Bka "A"
213 Mercantila Bh. "C"
Hank of Bass Asin 180
[N. C. & 8. Banks
Insurances
128 Canton Insurance ...
Union Insapsnose
2831
FRIDAY, MARCH 24, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE - BUILDING
HONGKONG...
£13
**
$60
COMMODITY MARKET
REVIEW
$2
168
Underwriters
$195 H.K." Hire -
$460
#190
(FROM PAYNE & CO.)
Shipplag
New York, March 21. -
$881
Douglass
806
res
31A
Steamboats
312
SINGAPORE RUBBER
$60
Indo-Chines
(Prof.)
30
#14
Indo-Chinas (Def.)...
$90
B01G
Shalla
80/0
March 21
39
$3
buyers
sellers
March 22 bayers sellers
S P'O T
20-3/4"
27-1/4 27-1/2
change up 1/2
#
*116
APRIL-JUNE
26-7/8 27-1/8
27-3/8 27-5/8
:B;
JULY-SEPT.
27 27-1/4
27-1/2 27-3/4
Wstarboats
Docks, Wharves. Godowns, etc.
$118 H.K. & K. Wharves Providents (ald)...
10.30 Providenta (saw) ... H.E. & W. Dock...
Do. (ww)
$5.40
1171
18171/1
***
$100
+6
Shanghai Dooks 9. ...
New Engineerings 8.
18/9 Kailas
Babe
Mining
Venezuela. Gold Fldə
5 cta. Hong Kong Miom ...
$6
$38
Lands, Rotels and
Buildings
HI.K. Hotais
H.K. Lands
.......
$104 (Do. 4% Debanturas
$0.10 Shanghai Lands 8.
- H.K.” Realtion
$8.65 Humphrey.
$100 Chinese Estates
Cotton Mills
$19.30 E. (8.)
#1058'hai Cotton (8.) $34 Zoong Sings (8.)
0.0.17.67/75
$101
***
18:9
181
$3
The market opened with prices unchanged for all deliveries as compared with Tuesday's closing quotations.
Steady conditions prevailed throughout the session, thus respond- ing to advices, received from London and New York, Fair enquiries for "spot Rubber by consuming countries induced good buying in-- terest in futures for trade and speculative accounts. The better seri- timent was mainly caused by an improvement in the international political situation,
Later in the session prices gradually advanced by 1/4 cent for all deliveries due to further general buying, the market closing with a quiet, but steady undertone.
LONDON RUBBER
Previous close To-day's' close buyers seller's buyers
13
::
738+
ફાર્મ
8440
18.
!:
$18.40
198
SPOT
$29
·APRIL-JUNE
$48
1.
$50
NEW YORK STOCK EXCHANGE
Wing On Textiles (8.) Public Utilities
JULY-SEPT.
313.80
16.10
#3
Tramways INSTI
$16.10
OCT.-DEC.
$4
Peak Trams (old) ... Peak Tran (Dew)...
$
14
$87Biar Ferries
671
$8.45 301.
951
$65
3233
#71
Sterling Business was done at 1/2.29/32 April, and for April, Arst half March, and 1/27/8" was for July and June. The market Amer. Can
QUOTATION
International Harvester
$95 30Y'mati Farrine (0)
$24
Da. (c)
$870 Chins Lights (0)
54 China Lights (New)
China Lights Fis
E.E, Electros $18) Macao Electrics......
Bandakan Light
Telephones (did}
#71 Telephones (new)
19 8. Tractions
23/6 Traction (prod.)
$23
7-15/18 8-1/16
sellers
7-7/8 8
change
0 1/16
8
8-1/16 8-3/10
8-1/8 7-15/16 8
8-1/18
8-1/8 8-1/4 8-1/16 8-1/8
After ruling easy, the market finally became steady.
nervousness This market was dominated by renewed and the weakness on Wall Street: Prices opened easy on lower Liver- pool cables and declined further on general liquidation. Towards the close, there was a partial raily, due to covering by shorts.
STOCKS
Last Sale
MARCH 25, 1959 STOCKS
Last Hale
Mar. 22
Mar. 22
NEW YORK' COTTON
J
European
Adams Express
81
371
Alleghany Steel Co. Allied Stores
191
Int. Nickel
471
31
Int. Tel. & Tel.
པད་ ིངས་པའི་-སྲམན་ ་
74
8051
also done
Allis Chalmers ........ Amerada Corps,
37
Johns Manville
851
811
NEW YORK RUBBER
601
J. & Laughlin Steel $7 pid: 451*
891
Kennecott Copper"
35
closed at 1 p.m. with 1/2.29/32 March and April/June. buyers at
sellers at Amer, & Foreign Power
22
Libbey-Owens-Ford
Glass 471
U.S. Dollars
8.9/32
U.8. Dollars
for cash and 1/2.29/32 April Amer. Locomotive ......... June.
Business was done at 29 1/18 for April and first half of April There were probable sellers at 29 1/16 for March, 29 April, 28 15/16 May and 28 7/8 June, probably July, buyers at 29 1/8 for cash, 29 1/16 first half. April, 29 May and 28 15/16 July, probably June,
Shanghat Dollars
179 1/2.
Shanghai Market Sullers of Sterling at March and US Dollars at 18 5/32
sellers for March.
Afternoon Market
A shade eader.
Sterling Business was done at 1/27/8 for June. The market closed with sellers at. 1/27/8 March/May and 1/2.27/32 June/July, buyers at 1/2.16/18 for cash, 1/2.29/32 Arst half April/May and 1/2.7/8 June! July.
The market closed with sellers
Amer. Metals "Co. Amer. Radiator Amer. Rolling Mill Amer. Sting and Ring Co. Amer. Sugar Bing Amer. Tel. & Tel...... Amer. Tobacco "B" Amer. Waterworks .... Anaconda Copper
Biggs M'facturing Brooklyn-M'hattan Trans... 91 B'klyn-M'hattan $8 cum pr. 344 Canadian Pacific Rway. Case, JI.
Celanese ... Chesapeake & Ohio Chrysler Corpn. Columbia Gas & E Colur bia 6% "A" pf. Commerafal
at 29 1/18 for cash, 29 April, 28 Commonwealth & §. (crd) 15/16 May and 28 7/8 June/July. C'wealth & 8, 6% cùm pí. buyers at 29 1/8 for cash, 29 1/16 Conschtdated Edison early April, 29 May, 28 15/16 Consolidated On
June/July.
Shanghai Dollars
170 1/2.
Shanghai Exchange
Bhanghai. Mar. 23 (Reuter).
1/2.7/8 Ameri & Foreign $7 pi.... 1/215/16 American Gas & Elec.
153
Lockheed Aircraft
237
35
Loew's Inc.
441
201
Martin, Glen L
331
31
'Monsanto Chemical
99.
Industrials
$14
(Cald., Mseg. (Ord.) S.
$15
}Cald., Kseg. (Fraf) B. |
Chaton Ices
män
$1
the whole. After a A quiet and rather featureless market on weak opening, prices partially rallied on the closing steadiness. in London, but the undertone was nervous.
"
CHICAGO WHEAT
13/
[Montgomery Ward
471
$14 Camente ·
161
at. Dairy Products
141
Bopes
401
¡Nat. Distillers
201
Miscellaneous
20
National Gypsum
131
ezdir, C. Rt. $.3.85
ardiv. 88.10
LIRIT...
1561
National Load
22
83+
Nat. Power & Light
71
::
101
National Steel Corp.
711
361
Nat. Supply Corpn.
દરે
Atchison, T. & 8. Fe.
32)
New York Central
161
Auburn Motors
31
Niagara Hudson Power
$9
8
Baltimore & Ohlo
51
N. American Aviation
157
Barber Asphalt Co
151
| North American Co.
2:2
Daf
Barnsdall Ol
151
Northern Pacifc
10
#43
Bendix Aviation
221
Pacific Gas & Elec.
311
Bethlehem Steel
03:
Pacific Lighting
$8.45 (ex. div.
451
Boeing Airplane Co.
231
Packard Motors
31
150 5/3
Borg-Warner ......
251
Paramount Pictures
82
90 eta,
23
Pennsylvania R.R.
193
Phelps-Dodge
#Halos
38
Phillips Petroleum
37
41
Public Service of NJ.
344
82
¡Pullman Inc.
31
1.80
Ch. Etainmenta Constructions Constructions
Lane Crawfords ....... Nanyang Tobacco .....
Sinceros
Watsons
67 Ch. G.5%, 1925G #Bds.
H.K. G
Gori. 6% Loans
H.K. Gori. 4%, Loca
H.K. Wing One B'haf Wing On
Vibro Piling bre Marumaos läv. (Lou) Marsmans Inv. (B.K.) Wm. Powella
to Shanghai
LONDON STOCK EXCHANGE
SLİ $1.30
Jex div. C. Rt. 823}" exdiv.] # 40
(old)
་་
::
$1.80
87%
$104
100
$46
£15
ox.div. Soz
90 cla
The market reflected the strength of foreign cables. There was some active covering by short interests, but fresh buying limited.
Previous To-day's
close 143.41
Dow Jones Industrial Averages
N. Y. Commodity Market
close Change 139.51
off 3.90
191
Pure Oil..
81
35
Padio Corpn. of Am.
67
711
Republic Steel
181
Reynold Tobac, “B”
(REUTKE'S SERVICE)
London, March 22-
381
87
Richfeld Ol
81
491
Safeway Stores
30+
11
Schenley Distillers'
141
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors is transmission.
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company).
New York Cotton, July New York Rubber, May New York Hides, June Chicago Wheat, May Chicago Corn, May Winnipeg Wheat, May
Prev. To-day's High Low Close Close Change
7.92 298
7.98 7.97 01 off 15.86 15.73 15.90 11.25 11.10. 11.39
681 871 481 47$
11.25 14 00 678 077† up
48 471
611 801 601 611
NEW YORK COTTON
15.88 10 Of
Close Opening Closing
Change
541
Schenley, 54 prd,
704
301
Bears Roebuck
601
8
Shell Union Oll
124
War Loan, 3% (Red.
after 1952)
957
Continental Can
30
Socony-Vacuum Oil
12
Canton-Kloon Rly." 5%
Continental O
271
Southern Pacific
15
1898 (Brit. Issue),
20
¡Corn Products
651
Southern Rly 35 pfd.
241
Chinese 4% Gold Loan 75
Curtiss Wright (C)
51
Sperry
401
Chinese. 5% Gold Bonds,
Union Insurance Gula Kalumpong Rubber 18/0 Allied Ironfounders .... 19 Asso. & Elec, Industries 39/101 Austin Motors, ord. 31/3 Cable & Wireless, New
£ 301*
May July
8.21/21
8.18/18
*8.17/17
.04.
7.98/98
7.98/96
7.06/97
01:
October
7.67/67
7.84/83
7,59/80
07
December
7.61/61
7.58/67
1.54/54
I off
January
7.60/60
7.56/58
7.53 N
March
7.83 N
7.60b/61a"
7.56 N
Curtiss Wright "A"
241
Standard Brands
61
1025-47
67
E
Form, ord. .....
Deere & Co.
191
Stand Gas & Elec.
3
Chin. 41% Anglo-French.
B.-A. Tob. (bearer)
42. 85
Spot
8.98 N.
B.92'N
Distillers Corpn. Seagrams
161
Standard Oil of California
214
Loan, 1908
55
Cammell Laird, ord.
NEW TORK RUBBER
7/9
Douglas Aircraft.
65.
Standard Ol of NJ..
482
Chinese 5% Crisp Loan,
Mexican Eagle
6/4
Opening
Du Pont de Nemours
148
Stone & Webster
117
London
1912.
37
Courtaulds
25/71
March
15.90 N
0/8
New York
15-5/8
Eagle Picher Lead
睡
Swift International
271
Chinese 5% Reorg. Loan,
Distillers .....
90
May
15.92/96
Eaton Mfg. Co.
23
Technicolor
151
1913 (Ldn. I.)
52
Dunlop Rubber
Japan
Paris
56-7/8 5.48
Elec. Autolite
311
Texas Corpn.
41
Chinese 5% Ster. Notes,
Hongkong
53-3/8
Elec. Bond & Share ........................
01
Texes Gulf Sulphur
29
1925 (Vickers)
17
Guinness (A) Son & Co. 102
Cen. Electric (England) w/
25/9.
September
15.95/95
15.80/77 15.80/80
December
15.94 N
15.80/19
15.83 N 15.84/85 15.87/90 15.86 N
5958
Elec, Bond & Share $5 pl.
Trans-America Co........
6
Chin. Imperial Rly. 5%
Open Market-Selling Rates.
Elec. Bond & Share 36 pr.)
65
20th Cent. Fox.
201
Loan
70
Hawker Siddeley Air 20/6 Bristol Aeroplane
To-day's Bales:-2,150 tons,
The last Notice day for March Rubber is March 29.
22
Sterling
Elec. Fower & Light $7 pt,
32
20th Cent. Fox. $1) på.
51
Konan Rly. 5%
23
Imperial Chemical Ind.
Opening Closing Engineer's Public Service
91
Union Carbide & Carbon'...
80
Hukuang Riy. 5%. 1911...
23
Imperial Tobacco
29/9 130
CHICAGO WHEAT
..
Spot...
0/8-9/32 0/8-9/32 mintkote
24
Union Pacific ...
96
Hukuang Rly: 5%, 1911-
Marks & Spicer "A" ord. 58/9
March
0/8-9/32" 0/8-9/32 Food Machinery Corp.
257
United Aircraft
381
(German Issue)
18
Rolls Royce....
May
571/67
67/672
813/071
108/9
April May
0/8-17/64 0/8-17/04 Gén. Américan Trans. qree 0/8-1/40/8-1/4 Gen. Mectric
501
United Airlines Trans.
101
Lung Tsing & U. Hal Rly.
Leyland Motors
July
671/671
68/68
68/681
88@
381
United Corpn.
2
5%
164
Tate & Lyle
80/71
U.S. Dollars
Gen. Motors
4.5
United Corpn. #3 cum. pf. 341
"Bhal-N'king Rly. 5%.... 24
Turner & Newall
September
Tuesday's Sales:-8,099,000 bushels.
681/631
087/881
75
Spot
$18-3/16
$16-5/32 Gen. Railway Signal
191
United Gas Corpn.
21
Tientsin-Pukow. Rly. 5%
United Steel
22/6
March
16-5/32
16-6/22 Glidden Co.
183
United Gas Improve
12
(Brit. Stpd.)
18
CHICAGO CORN
Smethwick Drop Forg.......... 16′′
April ..
16-1/8
16-1/8 Goodrich (B.F.)
191
US. Rubber
41$
Tientsin-Pukow Bly. 5%
May
16-1/1G
16-1/16 Goodrich $5 pf.
70-
UB. Rubber $8 ptd.
981
(German Stpd.)
16
Armstrong Stevens, ord. 7/9.
Pressed Steel, com.
16/41
Market-Qulet but steady.
Goodyear Tire & Co.....
297
IUS. Steel .............
541
Great Northern Iron Ore ...
141
Great Northern Rly, pfd.
231
Great Western Bugar
251
Greyhound Corpn.
182
Hecker Products .....
101
24
*bid
High
148.41
3483 27.03 20 Rails
3401
26.58 22.30 30. Utilities"
24.17
92.19 89.98 40. Bonds
49.12 4669 11 Commodity Index 47.79
Merchant Rates
Sterling, 0/8-1/4.
US Dollars, $18-1/18.
Silver Duty Rate
The Central Bank of China's Homestake Mining
rate on London at 10 am to-day Industrial Rayon was 1/2-1/2d., unchanked from
yesterday.
The Equalisation rate was 4-1/2
per cent,
New York Exchange
New York, Mar. 22 (Reuter).
TT, on London (Opening Rate). 4.08-174
t--ex diy DOW JONES AVERAGE
1939
Low Dow Jones Averagos, Mar. 21. 154.85.138.42-30 Industrials
Mar. 23, 1929. High Low Close Chance 141,97 138.43 139,51 3,99 off 29.23 28,69 14.98 1.00 off 23.98 $3.12 1138 91 of 2. 738 of
Barinam Done—1440X,000 shares."
HE. & Bhai Bank (Col
Chinese. Eng." & Mining
(bearer) Chosen Corporation Pekin Syndicate athe Sha! Kiệc. Constr. Co.
Bha) Waterwor
Vanadium
231
Warner Bros. Pict.
51
Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl. Loán) Tientsin-Pukow Rly. 5%
May July
47/47
477/477
471/48
491/491 491/404
491/491
16
Vickers, ordine
20/9
September
501/601
504/501
504/50%
565
Woolworths.imgid 59/TL
Anglo-Dutch
Westinghouse Elec.
1024
|Woodward Iron Cor.
101
Chase National Bank National Oity Bank
30** 251*
(Ger. Stpd. Supl Loan) 18 Jap. 5% Bier. Loan, 1907 37 Jap. 6% Ster. Loan, 1924 42 Ger. 7% Intl. Loan, 1824 36. Chartered Bank
24
WINNIPEG WHEAT
·HK. &'S'hai Bank dn.
Reg.)
Rub. Plant. Invest. Trust 27 Burma Corporation A Commonwealth Mining. 1 Marsman Investments... Randfontein - Estates
8/3
15
May! October July
601/601 301/011
018/815
621/621
811/612
017/62
36
Western Holdings...:
8/9
811/611
NEW YORK
627/03
HIDES; (New
Contracts)
Sub-Nigel .....
220
June
Tanami Gold Mining.....
41d
September
11.30/39 11.20/18 11:23/25 11.77/77. '11.60/57 11.61/62
Anglo-Iraniani:
850
18/9
Burmah
∙79/41
NY Silver, Official 42-3/4 NY-London Cross Rate 4.88-3/8.
42-3/4 4.68-5/10
Shell Trans
(bearer)
25
*Nominal
191
September
NEW YORK-STRAITS TIN
48.30 N 45.56b/40.002:45.50) 13.
:
No comments yet.
Private notes are available after approval.