1939-03-28 — Page 12

Daily Press 孖剌西報 All

PAGE 12-HONGKONG DAILY PRESS

MONEY AND

HONGKONG

EXCHANGE

SHAREBROKERS'

ASSOCIATION

STOCKS

Last Sale

Mar. 25

of

Adams Express ......

Alleghany Steel Co......... Allied Stores

21

Int. Nickel

"

91

int. Tel. E Tėl?

Allis Chalmers ....... Amerada Corps. ... Amer, Can “.................. Amer. & Foreign Power

39

Johns Manville

601

891

Kennecott Copper ....

354

21

} Libbey-Owena-Ford

Glass

50

Ameri Foreign $7 pf... American Gas & Elec.

171

Lockheed Aircraft

29+

351

Loew's Inc...

Amer. Locomotive

· 221

Martin, dien L

351

Amer. Metals Co.

327

Monsanto Chemical

99.

14

Montgomery Ward

481

181

Cat. Dairy Products

141

431

Nat. Distillers

271

204

National Gypsum

14

1584

National Load

224

ну

844

Nat. Power & Light

91

11

National Steel Corp.

724

Anaconda Copper Atchison. T. & 8. Fe.

271

Nat Supply. Corpn.

102

334

New York Central ......

17

Auburn Motors ...

Niagara Hudson Power

81

Baltimore & Ohio

B}

N. American Aviation w.............

161

Barber Asphalt C

182

North American Co..........

224

Barrisdall Of

153

Northern Pacific

107

231

Paciac Gas & Elec.

33

Bethlehem Steel

6771

Pacific Lighting

461

Boeing Airplane Co.

251

Packard Motors

Afternoon, Market

Quiet.

Sterling

|Borg-Warner ......

271

Paramount Pictures

TH

Biggs M'facturing

241

Pennsylvania R.R.

201

Brooklyn-M'hattan Trans.

Phelps-Dodge

10

The "market closed with sellers B'klyn-M'hattan $8 cum pf.

at 12.7/8 March/May and 1/2.Canadian Pacific Rway.

27/32 June/July, buyers at 1/2. Case, 3......

36

Philips Petroleum

41

Public Bervice of NJ.

35

Prisman Ine.

301

29/32 March/May and

July, probably June.

U.8. Dollars

1/2.7/8 Celanese

10%

Pure Oli

9

Chesapeake & Ohio Chrysler Corpn.

Radio Corpn. of Am.

351

77

78

Republle Steel

184

Columbia Gas & El

Reynold Tobat. “B”

The market closed with sellers Columbia 6% "A" pl..

at 29 for March/April, 28 15/16 Commercial

May and 28 7/8 June, buyers at Commonwealth & B. (ord.)

7

381

802

Richfeld 011

51

Safeway Stores

332

Scherlay Distillers"

154

29 1/16

March, 29 May and 28 15/16 June-Consolidated Edison

carly April, probably cwealth & 8. 6% cum pt. STI'

Schenley, 5 pfd.

CLOSING QUOTATIONS

MARCH 27, 1939

On London;

H. K. STOCK

EXCHANGE

The market, was quiet; but prices remained steady, Sales were re- 10 $325.00 posted in Banks at $1380, Docks 55.75 at $179 and Old China Lights at

FINANCE

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

porn Sali

SHAREBROKERS- ABSOCIATION

Nominal

MONDAY 27,

MAR.

Buyers Ballers

Banks

$1570

$1380/ 90

H.K. Banks

11350

Do. (Col. Reg.)

+

Do. (Lon. Heg.)

£3A

Chartered Banks

#17

£13

Marcantile. Bk. "A" Mercantile Bka, "0"

$80

Momina

Volume of Businem Transseted on Monday, March 27,"

Canton Ins.

Electrica

Trams

Trams

Telegraphic Transfer. 1/8 15/32 Trams

Bank Bills, on demand 1/9 25/32 China Lights (N)

Credits 4 months", sight, 1/3 1/3%| Consol, Mines ...** 20,000

On Ahanghai:--

On demand

176 nom

On Singapore:--

On demand

59 7/8

On Japan:-

On demand

10 1/2

On India-

Telegraphic Transfer.

R: 3/8

and demanding. On New York-

Bank Bills, on demand 18 18/16 Credits. 60 days' sight 89 5/18 Un Batavia:--

On demand

On Paris:-

84.3/16

Bank Bills, on demand 1087 Credits 4 months' sight 1197

Un Saigon:-

On demand

On Manila:----

On demand

On demand

On Bangkok

Sterling Notes:-

108.378

BRITISH LORRIES

FOR CHINA

The contract was signed at the Chinese Embassy. London, recently by the Chinese Ambassador on the Chinese Govern- behalt or

representatives of ment and Messrs. John Thornycroft and Co., for the supply to China of 300 fully equipped light and heavy motor lorries for service on the new Burma-Yunnan road. The total value of the contract is £223,011, including £30,884 for spare parts and breakdown equipment.

Cementa, $134.

HK. Ropes, $4.

Union Ins., $475. HK. Lands, $36. Watsons, $9.10.

SALEN

100

100

18.15 $8.30

.500

16.20

. BUYERS

700

18,25

Hongkong Bank, $1370.

500

5.60

Canton Ins., $220,

Fx, 0.02

Douglases, $49.

B. & 8. Hotels," $54.

HK. Electrics, 3551.

Canton Ices, $1.

1990

$475

8470

T

Wing On (H.K.), $47.

183 H. Fires

Entertainments, $81.

HX, Govt. 4% Loan 4% prem. HK. Goft, 31% Loan Par. Dairy Farms Rights, $15).

SELLERS

$59

Baak of Enat Asin. ... N. C. & 8. Beck ... Insurances

Canton InsuTENORS. ....... Union Insuranobe Underwriters

Shipping

$485

Douglasce $88

:::

#

#14

Steambos

$60

Indo-Chinna

(Pret.)

83,B

Sholla

19

Indo-Chinas (Det.)...

Waterbosta

$50 90

Docks, Wharvės,

Godowns, etc.

SPOT

$111

H.K. & K. Wharres

2112

APRIL-JUNE

Hongkong Bank, $1380. Union Ins., $4724. H.K. Docks, $17).

$4.05 ex div. Provident (old)

X.D.

Providente (WW) '........

$17

China Lights (Old), $8.20. Dairy Farms, $21 Ex rts. Dairy Farms Rights, $15).

PHILIPPINE MINING QUOTATIONS

18

Antamoks, Ps. 41.

H.E. & W. Dock... $170.D.

Do. (new).........

SIG Shanghai Docks 8.

16.70 New Engineerings

17/3 Karja

Raub

Mijning

Vangapoia Cold Fida

6 cta Hong Kong Hines ... Lands, Hotels and

$36

Buildings

H.K. Hotele H.K. Landa

$104 Do. 4% Debanturis $8.90 Shanghai Lands

EK Realties

B

$8.55 Humphreys sans $100 (Chinese. "Estates

Cotton Mills

10.30 E (8.)

***

#107 S'hal Cottons (8) 134 Zoong Sings (8.).

Wing On Textiles (8.) Public Utilities

36.50

1

$101

81"

17/3 981

$3

Payment is guaranteed by the

The Export Credits Department. 57 7/8

lorries are to be delivered in Rangoon, and the first shipment is 160 3. due to be made within four weeks.

Bank Buying Rate... 1/2 31/32 Bår Silver per oz.

Market Report..

From Bors Bros.

90

The Chinese Government has now accepted the invitation to China to participate in the con- ferences of the International Tea Federation which are to be held in London some time in March, 1940. A Chinese Government representa- Sliver prices, were unchanged tive will be sent to London, while over the week-end, the quotations the Ministry of Economics haa remaining at 20 for Ready and decided to send samples of red 19.11/16 for Forward. Slyer ad-and green tea to the conference as vices reported *a* quietly steady exhibits, with a view to reviving market with hardly anything

doing. American 'Suver was quoted at 42 3/4 for Spot.

The London/New York

rate was quoted at 468.18.

cross- New York/London was quoted at 468.

1/4

Market

Opened with indications casiness but later reacted sightly. Stering

1

Business was done at 1/27/8 for May delivery. The market closed at, p.m. with sellers at 1/27/8] March/May and 1/227/32 June/ July. buyers at 1/2.29/32 Cash and 1/27/8 June/July.

U.S. Dollars

Atoks, 35.

Benguet Consolidated, $12.50. Coco Grove, Ps. 42.

Consolidated Mines, .003.

I. X. L., Ps, .81. Paracale Gumans, Ps. .17. San Mauricio, Ps. 1.98, Suyou, Ps. 19.

Enited Paracale. Ps. 71.

international interest in. China's products, the report states.

NEW YORK STOCK EXCHANGE

QUOTATION

Business was done at 29 1/18 Amer. Radiator for March and 23" for April. The Amer. "Rolling Mili market closed at 1 pm, with sel- Amer. S'ting and R'ing Co. lers at 29 for March/April. 28 Amer. Sugar Ring 15/16 May, 28 7/8 June and 28 Amer. Tel & Tel 13/18 July, buyers at 29 1/10 for Amer. Tobacco "B", March, 20 first half May, 18 15/18 Amer. Waterworks June and probably 28 7/8 July.

Shanghai Dollars

180 for Spot.

Shanghai Market

8.1/4 sellers of Sterling for

Spot and US, Dollars at 18.3,32 for Spot,"

Bendix Aviation

MARCH 28, 1939 STOCKS

Last Sale

Mar. 25

573..

491

8

#36

83

International Harvester

J. & Laughlin Steel $7 pfd. 47*

442

·Bopeenek

Miscellaneous

Dairy Farins

Ch. E'tainmente

Constructions

Constructions (saw)

Lane Crawforda

$1.80 Binceres

[Watsons

Ch. G.5% 1925G $Bds, H.K. Gart. 4% Loans

H.K. Gort. Loan

H.K. Wing On

'hal Wing Où

$8.30 Vibro Paing

KARA

15/0 |Marsman's Inv. (Lion.)

Maramans Inv. (H.K.).

90 cta, Wm. Powells

*Salos

to Shanghal

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

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

New York Cotton. July New York Rubber, May New York Hides, June Chicago Wheat, May Chicago Com. May Winnipeg Wheat, May

$996

1100

TUESDAY, MARCH 28, 1939.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

New York, March 23.

!::

136

$1 Bi

$480

JULY-SEPT.

SINGAPORE SUEBER

March 24

buyers

sellers

27-7/8 28-1/8

28

March 25 buyers seller's

change

27-7/8 28-1/8. unch. 28-1/4 28 28-1/4 28-1/4 28-1/2 28-1/8 28-3/8,

off 1/8"

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

Early in the morning, the market ruled with a quiet undertone. Although fair enquiries for "actuals-by consuming centres were in in evidence, speculators preferred to maintain site-line positions' in view of the unsettled international political situation. Consequently only a moderate volume of business was transacted at quoted rates. Towards the close of the session, however, the market turned easter due to speculative liquidation, prices declining by 1/4 cent for all deliveries. "

Closing tone was easier.

LONDON BURBER

1

Previous close

To-day's close

buyers sellers buyers sellera change

:

$13

H.K. Electric

$15 Macao Electrion

$23

Sandakan Lighte

Telephone (old)

$71 Telephonse (WW)

13/0 Tractions'

23/6 Tractions (pruf.)

$40

$16.20

Tramways

$16.15

$8

Peak Trams (old)

Peak Trams (now)

14

#87) Bar Forri

JOT

$248

Y'mati Farris (0)

145

814

$8.70 Chink

Do. (0)·

$8.15

18.95 China Lights (New)

$5.40

China Lights Rt.

$55

$20+*

SPOT

$104

APRIL-JUNE

SED?

JULY-SEPT.

OCT.-DEC..

8-1/18 8-1/8 8

8-1/16 of 1/18

8-1/16 8-1/8 8

8-1/16

8-1/8 8-3/16 8-1/16

8-1/8

8-3/16 8-1/4 8-1/B

8-3/16

29/-

131

$13

H

ex. rts. $11

$12

Industriais.

314

Cald., Macg. (Ord.) 8..

$18

Cald., Hacg. (Fred) 8.

Canton Ices

$1.30

Comenta

813

$4.30

:

201

all

$6,30

(old)

Market idle.

The average forecast of last week's rubber stocks in London and in Liverpool indicates no change from the preceding week's official Agures.

NEW YORK COTTON

The market was fairly steady at the opening, though price move- ments were within a narrow range. Higher Elverpool cables and buy- ing by Wall Street helped the early market. After opening steadiness, conditions became quiet under liquidation. due largely to week-end uncertainty. The continued confusion regarding the" legislative poal- tion in Washington was an unsettling influence.

#

NEW YORK BUBBER

The market followed London cables and the action of securities. Trading was very duli throughout the morning.

CHICAGO' WHEAT :

$0.10

67).

4%#p

D

Previous To-day's

Nanyang

ang Tobacco ...

$72

close

84

Dow Jones Industrial Averages

141.822

close Change 141.55 off 71.

$1.80

30

67

0410

$104

$100

The market easily responded to minor mill buying and covering by short interests.

N. Y. Commodity Market

31

/0

TI

90 Cu

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

Prev. To-day's

High Low

7.90 7.83

11.55 11.41

Close Close Change 7.03 7.99 unch. 16.16a 18.03 13 off 11.46 11.48.02 tip

London, March 24,

81

68

68 477 471 47* 471 801 601 601 804

67

↑ up

unch,

up

£

NEW YORK COTTON

317

Bears Roebuck

71

War Loan, 34% (Fléd

Union Insurance

301*

Close Opening

Closing

Change

180.

Shanghai Dollars

Shanghai Exchange

Shanghal, Mar, 27 (Reuter).

Consolidated Oil

B

Shell Unión Ofl

12

after 1252)

961

Gula Kalumpong Rubber

18/9

Continental Can

391

Socony-Vacuum Oll

124

Canton-Kloon Rly. 8%

Allied Ironfounders ......

May

8.15/18

8.18/18

8.17/18

..02. up

19.

Continental Oil ....

27

Southern Pacific

15%

1898 (Brit. Issue)

20

Corn Products .....

651

Bouthern Riy $5 pfd.

251

Chinese 41% Gold Loan

75

Asso. & Elec. Industries 40/11 Austin Motors, ord.

July

7.93/93-

7.95/95

7.93/93

unch.

October

7.56/50

7.80/61

7.58/56

32/6

Curtiss Wright (C)

0

Sperry

422

Chinese 5% Gold Bonds,

Cable & Wireless, New-

December

7.51/51

7.55/55

7.52/52

Curtiss Wright "A"

241

Standard Brands ..............

32

1925-47

#7

Form, "ord.

January

7.50 N

7.55/55

7,52 N

*49j

Opening

Deere & Co.

201

Stand Gas & Elec

31

Chin. 4% Anglo-French

B.-A. Tob. (bearer)

March

7.53 N

7.55b/592

7.55 N

London

New York

Ізрад

Paris.

0/8.

Distillers Corpn. Seagrams

181

Standard Oil of California

96/10/

28

Loan, 1908.

55

Cammell Laird, ord,

Spot

8.90 N

8.92 N

42 up

8

15-5/8

Douglas Aircraft

Standard Oil of NJ.

67

48

Chirisse 5% Crisp Lean,

$6-7/8

Du Pont de Nemours

150..

Stone & Webster

13

1912

37

5.48

Eagle Picher Lead

10

Swift International

272

Chinese 5% Reorg. Loan,

Hongkong

53-3/8

Eaton Mfg. Co.

231

Technicolor

161

1918 (Ldm. (a)

Spot............ 0/8-1/4

March

April

May

Spot

U.S. Dollars

$16-3/32

0/8-1/4 0/8-1/4

Open Market-Selling Rates Sterling

Opening Closing

078-1/4 0/8-1/4 0/8-1/4

Elec. Autolite

331

Texas Corpn. .....

427

Elec Bond & Share .......

97

Teter Gulf sulphur

30

Elec. Bond & Share $5 pr. Elec. Bond & Share $8 pt. Elec. Power & Light S? pf. Engineers's Public, Bervice.

Trans-America Co,

704

20th Cent. Fot.

321

20th Cent. Fox. $13 pt.

101

Union Carbide & Carbon

25

28*

521

38+

461

*****14*

...........

20 201

67

311

Great Northern Iron Ore

141*

Great Northern Rly, pid:

254

19

631

24

*-bld.

1930

March April .... May

08-15 BA 0-15 64 Fintkote ...

16-3/32 .... 16-1/16 18-1/32 Market-Very quiet."

Merchant Rates Sterling. 0/8-1/4.

US. Dollars, $16-17 18:

Silver Duty Bate

Food Machinery Corp. Gen. American Trans. ... $16-3/32 Gen. Electric.

16-3/32 Gen. Motors .. 16-1/16 Gen. Railway Signsi

16-1/32 Glidden Oo.........

Goodrich. (BF) Goodrich $5 pt... Goodyear Tire & Co

The Central Bank of China's Great Western Bugar. rate on London at 10 am. to-day Greyhound Corpn. was 1/2-1/2d. unchanged from Hecker Products Saturday,

Homestake Mining The Equalisation rate was 5 per Industrial Rayon cent

BOMBAY SILVER Unomdcial, Quotations Indian Mint Sührer

152-08-52-08 52-07 52-07

Apr. 17 Be£ieme ot May 13 Settlement

Market quiet tait steady.

DOW JONES AVERAGE-

High Low Dow Jones Averages, 154.85 138.42-930 - Industriale

(3422. 27.03.20 Retir

38.59 22.30 30 Utilition $2.99 89.28 40 Bonda

Mar 28, 1989,"** Mar. 26. High Low Close Change -141,8% 142.68 140.37 141.55970

$31,870 80.05 13.81 29.7314 off 24.14 86.28

$13.87 31.05 09 on (90.43)

20.3607 a 747,85 207- Businesà Done: 440,000 shares

4RTE $8.59" TY "Odmodity Index 47.78

*. (Brít. Stpd. Supl Loan)... 1s Tientsin-Pukow Rly. 5%.

(Ger. Btpd Bupl. Loạn) 16 Jap, 5% Ber. Loan, 1907, 374 Jan. 8% Ster. Lonn, 1924 43 Ger: 7% Intl, Loan, 1924. 37," Chartered Bank......

HK. & 8hal Bank (Gəl

Reg)

Chinese Eng & Mining

(beurer)'

Chosen Coro Pekin Synále shal mec Bnal Water

Union Pacific

Chinese 5% Ster." Notes,

1925 (VickETS)

Chin. Imperial Bly. 5%

Loan

Honan Rly. 5%.

Haknang Bly, 5%, 1911. Hakuang Rly 5%, 1911

23

23

United Aircraft

(German Iarde) 18

United Airlines Trans.

114

United Corpn.

Lang Tsing & U, Hai Rly.

5%

United Corpn. #31 cum, pf.

35

United Gas Corpo. .......

21

United Gas Improvement 124

18+ Bhai-N'king Rly. 5% 24 Tientsin-Pukow Rly. 5%.

(Brit. Stpd.)

[US. Rubber 11.

41F

Tientsin-Pukow Rly. 5%

US. Rubber $8 ptd.

1001

(German 8tpd.).

UB, Steel

561.

Tientsin-Pukow Bly. 6%

Vanadium

211

Warner Bros. Fict

51

Westinghouse Elec. V

103

Woodward Iron Cor.

Chase National Bank National City Bank

·311*·

1-ex dir

Reg)

n ོ ུRRR: བར་

Mexican Eagle

Courtaulds

Distillers

7

NEW YORK BUBBER

28/6 91

March

18.11 N

16.01 B

.10 oz

tor

Dunlop Rubber

26/8

May

18.145/18

Cien. Electric (England) 78

September

Guinness (A) Bon & Co. 102/8

Hawker Siddeley, Aira...." Bristol Aeroplane.

20/7

21/10 Imperial Chemical Ind. 30/41 Imperial Tobacco.....

133/14 Marks & Sp'cër "A" ord. 58 Rolls Royce ...

16:14/14

December,........... 18.15/15:

To-day's Sales:-240 tons. The last Notice day for March Rubber is March 29,

CIDUAGO WHEAT

18.00h/10a 16.08/09

16.015/03a

13.

18.05/06

16.11/11. 16.05/06

09 of

May..

108/9

Leyland Motors

July

Tate & Lyle 'L... Turner & Newáll

September

671/871

874/871

68/677

67#/673 671/670 681/68--

68/671

898

80 76/101

Friday's Sales-4,475,000 bushels.

16.

United Steelersetzer 23/3 Smethwick Drop Forg.... 15/9 Armstrong Stevens, ord, 7/9 Pressed Steel, com. Vickers, ord,

May

18/101

21/11

July September

CHICAGO CORN 474/474. 47/471 491/491

471/473

501/501

481/49420 493/495" 501/501

504/504

Woolworths

80/71

Anglo-Dutch

24/6

WINNIPEG WHEAT

Rub. Plant. Invest. Trust 27/6. Burma Corporation 8/6 Commonwealth” Mining..... 1 Marsman Investments... 16 Randfontein Estates .... Western Holdings, Sub-Nige

May

601/601

July

109/109

October

35/3

9/9.

220

June

Tanami Gold Mining Anglo-Iranisi

September

17/3

Burmah

86/101 81/3

(bearer)

Nomt

614/014

801/601 60%/60% 871/607 614/618 621/621

NEW YORK HIDES: (New Contracts)

1145/46 11.55/50 11.46/48 11.85/88 11.94/91 11.85b/89a

NY Silver, Omolať ...... 42-3/4 NY-London Cross Rate 4.68-5/15.

September

Traded

NEW YORK STRAITS TIN

46.475

46.400/756 40.65

unquoted 4.68-1/4

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