1939-04-03 — Page 12

Daily Press 孖剌西報 All

ly steady.

Spot, 20d.

Forward, 194d.

176 000

PAGE 12-HONGKONG. DAILY. PRESS

MONEY AND

EXCHANGE

SILVER MARKET

LONDON SILVER London, April 1 (Reuter). Silver-Sellers are holding off. somné Small bear covering and

CLOSING QUOTATIONS speculative demand. Market quiet-

APRIL 1, 1939

On London:---

Telegraphic Transfer. 1/9 19:39 Bank Bills, on demand/2 19/38

Credits 4 months' sight 1,290/33omcial Price, unquoted.

On Shanghai:-

On demand

On Singapore:--

LONDON METALS

EXCHANGE

London, Mar. 31 (Reuter);

COPPER

buyers sellers

STOCK EXCHANGE

FINANCE

HONGKONG SHARE QUOTATIONS

SHAREBROKERS- ABSOCIATION.

• Buyers

Balan

M SATURDAY 1,

Buyers

Ballers

Sale HominA.

£

M

Standard, Cash 43-3/16 Standard.

43-1/4

$1340 ($1370

- NEW YORK SILVER New York, April 1 (Reuter).

· BOMBAY SILVER Bombay, April 1 (Reuter). Market-Quietly steady.

48-1/2" TIN Standard, Cash 213 Standard,

3 months 43-7/16 Electrolytic

43-1/2 49-1/2

13

12

215-1/4

3 months 213-3/4

LEAD

214

"On demand

...... 52 1/4

On Japan:-

On demand

104 1/4

On India:-

and demand

J81 1/4

Telegraphic Transfer.

On New York:-

Bank Bills, on demand 8 7/18 "Crodita, 60 days' sight is 15/10

Un Batavia-

On demand

On Parla:--

...

Bank Bills, on demand 1973 Credits & months' sight 1116)

*on Saigon:-

On demand... 107 se

On Manila:-

On demand

57 1/8

Foreign. Offtake 25 barsomefal Price 14-5/16 Indian Mint Silver

Foreign Oficial Ready......

52-11 Apr. 17 Settlement...... 62-10 May 13 Settlement 52-08

LONDON GOLD

London, April 1 (Reuter). Bar Gold, Fina per oz, 148/8. Dollar Parity.

London Exchange

London, Aprü 1 (BW8), Closing mean rates were:---- Paris 176-51/64.- "New York. 4.881.

Montreal, 4.701.

On Bangkok

On demand

15% 1/4

Sterling Notes:-

Bank Buying Rate

... 1/2 25/32

Brussels, 27,83. Geneva, 20.87.

Bar Silver per oz.

19 15/16

Official Price 13-7/16 13-1/2 Ordinary, Omcial

13-5/8 3 months 13-9/16 Final Afternoon Transactions Tin, Standard. Cash, £215-1/2 value.

Tin, Standard, 3 months £214- 1/4 paid and buyers,

INSULL DIVIDEND AUTHORIZED

Special Master in Chancery. Mr. Garfield

recommended Charles, recently to Federal Judge James H. Wilkerson that a 4 per cent. dividend be paid to holders in Insull Investments, Inc.. on a total investment of" $57,644- 000. It was

first dividend the authorised since the debacle of the Insuli empire.

debenture

35.40

#31)

Market Report"

From Rota Bros.

Amsterdam, 8.812.

Milan, 89.. Berlin, 11.67. Buenos Aires, 20,20.

Other rates unchanged,

New York Exchange

Hongkong, March 31. Silver prices rose 1/16 yesterday for both deliveries, the quotations being 19, 15/16 for Ready and 19. 11/18 for Forward. Silver advices reported Speculators as having 4.08-1/8.

sold and India as having bought

to a small extent. The market was steady but quiet, American Silver

was quoted at 42 3/4 for Spot.

The London/New York crOKS- rate was quoted at 468.12. New York/London was quoted at 463.

1/8.

i

New York, April 1 (Reuter), T.T. on London (Opening Rate).

NEW

STOCKS

Mr. Charles said the total to be paid now will be $2,305.700. Pay- Mr. ment was made last month. Charles also stated that a second would probably be dividend avaliable soon.

YORK STOCK EXCHANGE

Adams Express · Alleghany Steel Co. ".......... Market Opened with Indications of east-Allied Stores ness but later firmed up owing to Allis Chalmers

The market. Amerada Corps. ............... pressure of selling. however, was erratic, the tone at Amer. Can the close being steady.

Sterung

QUOTATION

APRIL 2, 1939

Last Sale Apr. 1

$8.10 $8.20 131

#561

541 471

Docks, Wharves, Godowns, etc..

H.E. & K. Wharvan Providente (old) ...... Providente (DEN) ......... HK. W. Docks...

"Do. (DW) $101, Shanghai Dooks 8, ... 16.70 New Engineerings 8.

* Mining

*17/€ Kailasm

Rauba

Venezuela Gold Fide, ota Hong Kong Mio... Lands, Hotels and

Buildings..

H.A. Hotala

H.K. Lands

$104 Do. 4% Debentures $8.00 Shanghai Lande

$44) H.K, Realties. $9.55 Humphreys ......

Chinese Estates

Cotton Mills

897

819) Ewn (8.)'

$100 B'ha1 Cottons (B)

$30

|Zoong Bing (8.).

$40

Wing On Textiles (8.)

16.20/ 10...

· Public Utilities Tramway scissors

***

Peak Trams (old) Peak Trama (now)

387 Star Ferrien

$241'mati Farries (0) $24 Do. (now)

China Lights (0)

China Lights (New)

China Lights Rt. H.K. Electrics........

$181 Macao Electrion

Sandakan Lights $12

Telephones (old)

#71 Telephoam (new)

#3

H.K. Bankın

Da. (Lon. Beg.)...

Ea

Chartered Banks

Est

Marcantils Bka.

ww

813

Marcantile ka "0"

$80

Bank of East Asia ....

#80

N. C. & 8 Beaks .... Insurances

$1.

1993

$485

485

$483

14-3/8

$480

190

3 months 14-7/18 14-1/2

SPELTER

Shipping

#68

|Dooginaos

$70

Ordinary.

318-

Steamboats

$104

380

Indo-Chines

(Prot.)

850

$14

9376

| Indo-Chinas (Def.}...

Shella

90 69/8

$9

Waiarbenia

i

SPOT

$100%

316

5111

-APRIL-JUNE

$493

JULY-SEPT

APR.

Hanks

Do. (Col. Bag.), «i

20 Canton Insurances...

| Union' InanPADOSS

Underwriters

$183 H. Fires

11370

284

1813

£171

£13

MONDAY, APRIL 3, 1939.

PAYNE & CO.

COMMODITY BROKERS ́STOCK · EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET

REVIEW

(FROM PAYNE & CO.)

New York, April 1.

SINGAPORE RUBBER

March 31 buyers

April 1 sellers buyers sellers

change

27-1/4 27-1/2 - M-1/8. 21-3/8

of 1/8

27-1/4

27-1/2"

27-1/8 27-3/8

ᎨᏥ

27-3/8" 27-5/8

27-1/8 27-3/8

off 1/4

$16

$101

161

នឹង

*

17/8

f

!!!!!

$5.58

#34

SLUBI

$480

Consumption

霉烂

Arrivals

Reclaimed Consumption

Btocks

$19.80

Afloat

February

42,385

48,234 'toms

36,490

39,082

12,625

13,000

231,475

237,826

55.814

48,210

$107

1202

$48

LONDON BUBBER

| 816.20

3

Previous close To-day's close buyers

34

SFOT

B

87$

JULY-SEPT.

'3-1/16

OCT.-DEC.

JAN -MARCH ..............

sellers 8-1/16 T-15/16 8

8-1/8 R-9/16 8-1/16 8-1/8 8-1/4 8-1/8- 8-3/16

8-1/8- 8-9/16 B-1/4

buyers..

sellers

change

off 1/16 unch.

8-1/4

OF 1/18

Market dull.

The market opened 1/3 of a cent lower for all deliveries a compared with Friday's closing quotation.

Early in the morning the market was nominal and uncertain, being entirely dominated by the unsettled European" political situa- tion. Fair enquiries for "actuals" by consuming countries failed to stimulate trade and speculative buying Interest in futures.

Later in the session, however, the low level of prices attracted speculative buying which resulted in a gradual advance of 1/4 dent for all deliveries, the market closing with a fairly steady undertone. American Questionnaire Figures for February are given below with those of January for comparison12 2="

January

Last Sale

STOCKS

26 $34

Apr. 1

International Harvester

171

Int. Nickel

73

int Tel. & Tel.

354

Johns Manville

723

571

J. & Laughlin Steel $7 pfd. 397*

854

Kennecott Copper

321

Amer. & Foreign Power... Ameri & Foreign $ pt...

21

Libbey-Owens-Ford

Glass 431

12/0 Tractions ....

$243

071

29

14

Lockheed Aircraft

251

23,6

Tractions (preč.)

Industrials

NEW YORK COTTON

The market opened easy with narrow trading. within narrow ranges, but advances were checked by general selling and liquidation. Towards the close, the day's lows were improved on sporadic covering.

Prices moved

American Gas & Elec.

333

Loew's Inc.

411

$14.

Opened with sellers at 1/2. 21/32, Amer. Locomotive buyers bidding 1/2, 11/16 at which Amer. Metals Co. rate a small business was arranged Amer. Radiator .... for near delivery. The market then Amer. Rolling Mil.....................

Cald., Macg. (Ond) 8.

184

Martin, Glen L

337

$13.

Cald., Macg. (Fref.) 8.

304

'Monsanto Chemical

$4

$1

Canton Loca

13

Montgomery Ward

481

131 Cementa

141

Sat. Dairy Products

14.

firmed up and business was done at Amer, 8'ting and Ring Co.

+1/2. 23/32 for July, June; May and Amer. Sugar R'ing Cash followed by transactions at Amer. Tel. & Tel. 1/2, 3/4 for May delivery. At this Amer. Tobacco “3” sage the market reacted and busi-Amer. Waterworks ness was done again at 1/2. 23/32

Anaconda Copper for April delivery.

Later 1/2 3/4Atchison, T. & 3. Fe. was again arranged for April dell-Auburn Motors ... very and 1/2. 23/32 was also fixed Baltimore & Ohlo for July. The market closed with Barber Asphalt Co sellers at 1/2. 23/32 April/June. Barnsdall Of buyers at 1/2, 3/4 Cash/June.

Bendix Aviation

371

Nat. Distillers

20

174

National Gypsum

121

$3.50 Ropes

Miscellaneous

#31 ex rts. Dairy Farm

1541

National Load.

201

821

Nat. Power & Light

71

91

National Steel Corp.

$42

241

Nat. Supply Corpn...

B2

281

New York Central"...

151

3

51

131

Niagara Hudson Power IN. American Aviation

North American Co. ....

7

67"/

147

21

par

14

Northern Pacific......

B1

***

201

Pacific Gas & Elec.

301

U.S. Dollars

Bethlehem Steel

611

Pacific Lighting

44

Opened with sellers at 28, 9/16 Boeing Airplane Co. but business was subsequently done Borg-Warner

221

Packard Motors

31

13 9 6/0

23

Paramount Pictures

at 28 11/16 for cash. 28. 3/4 was Biggs M'facturing

201

Pennsylvania R.R.......

19

also reported for near delivery. Brooklyn-M'hattan

Trans.

8"

Phelps-Dodge

33+

pm

Lane Crawforda

Nanyang Tobacco....

"$1.80 Sinceros

88.10 (Watsona

$42

Lh 097 1904 Bản. H.k. Gort, 4% Losna H.K. Govt. 3% Lowe H.K. Wing "On

'ha Wing "Q... 38.30 Vibro Piling

Maramans Inv. (Lon.) Marathane Inv. (H.K.) 90 dia. Wm. Powells

*Baler to

$1,30 8131

$3.Bu

2211

911

Ch. E'tainmentą |Constructions (old)

Constructions

*$6.30.

Bli

[DOW}

$71

38

$1.80

#8

+T

1671%

3104

$106

Dow Jones Industrial Averages

$100

$48

851

851.

170 cta.

NEW YORK RUBBER

1.

The market armed up in sympathy with securities. throughout the day was quiet.

Trading

CHICAGO WHEAT

The market reflected weakness in Winnipeg and a bearish view of the winter crop. There was some liquidation.

Previous close

To-day's

close Change

131,84

132.63

UD. .99

N. Y. Commodity Market

Shanghai

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

32

Phillips Petroleum

34

Courtesy of Messrs. Swan, Culbertson & Fritz and

28. 11/16 Cash, 28, 5/8 April, and Canadian Pacific R'way."

+

Public Service of N.J:

33

28. 9/16 June, buyers at 1/18 high- Case, J.I..

er respectively.

74

Pullman Inc.

271

LONDON STOCK

EXCHANGE

Celanese

164

Pure Oil".......

71

Shanghai Dollars

,

173.

..

Chesapeake & Ohio Chrysler Corpn.

321

[Radio Corpn. of Am,

+9

691

Republic Steel

(REUTER'S SERVICE)

161

Shanghai Market

Sellers of Sterling at 8. 1/4 for Columbia 6% "A”- Di.

Spot and U.S. Dollars at 18, 1/16

for Spot.

Shanghai Exchange

Columbia Gas & El.

64

"Reynold Tobac. "E"

London, March 31.

38

Richfeld Oil

83+

74

Commercial....

481

Safeway Stores

32

Commonwealth & B. (ord)

12

Schenley Distillera

134

and no responsibility is assumed, for errors to transmission.

C'wealth & 8. 6% cum pf.

534

Schenley, 54% pfd.......

71.

£

B

Consolidated Edison'

30-

Sears Roebuck

691

Consolidated on

8

Shell Union Oll

11

War Loan, 31% (Red.

after 1952)

954

Continental Can....

361

Bocony-Vacuum Oll

11

Canton-Koon Ely. 6%

4J

Shanghai, April 2 (Reuter).

Continental Oil.

231

Southern Pacific

131

Opening

Corn Products

624

Bouthern Rly, så pid.

London .....

0/8

Curtiss Wright (C)

.: 51

Sperry

391

1808 Brit. Issue)...... Chinese 41% Gold Loan, 79 Chinese 5% Gold Bonds,

191

New York

15-5/8

Curtiss Wright "A"

211

Standard Brenda

61

1925-47........

67

Japan

Paris

Hongkong

58-7/8 5.48 53-3/8

Deere & Co.

191

Stand Gas & Elec,

21

Chin. 41% Anglo-French

!

Distillers Corpo. Seagrams

17

Standard Oil of California

261

Loan, 1908.......

Union Insurance Gula Kalumipong Rubber 18/9 Allied Ironfounders

18/0 Asso, & Elec. Industries 40/11 Austin Motors, ord. '...... Cable & Wireless, New

Form, ord.... H-A, Tob. (bearer) .. Cammell Laird, ord,

301*

The following quotations are the middle prices at the close of

the market in London. All quotations are subject to confirmation

New York Rubber, May New York Hides, June Chicago Wheat, May Chicago Corn, May Winnipeg Wheat, May

Close Close Change 7.83 7.90 7.84 2.05 of 15.91 ,08 up

16.91 15.80

New York Cotton, July

S..E. Levy & Company).

Prev. To-day's

High

Low

7.89

15.89

10.02. 10.70

10.70 10.85 15 up

681

031 671 of

473..

171 47)

471

+ off

614 602 81+

801

"off

NEW YORK COTTON

30/101

May

Close

8.08/10

Opening .*8.05/05

Closing

8.08/06

Change .04. of

July

7.89/90

7.84/85

784/84

06 of

40

October

7.59/59

7.55/55

7.85/65

90/3

December

7.55/55

7.52/52

7,50/50

$4 Of

06 07

8/11

January

7.58 N

7.53/53

751 N

165 of

Douglas Aircraft .....

01

Standard Oil of NJ.....

451

Chihase 5% Grisp Loan,

Mexican Eagle

8/9

March.....

7.63/63

7.58/59

757 N

.00 off

Du Pont de Nemours

Open Market-Selling Rates

1431

Stone & Webster

107

1912....

Courtaulds

25

Bpot

8.83 N

8:81 N

.02 off

Eagle Picher Lead

9

Swift Internationa

261

Chinese 6% Rearg, Loan, ‚"

Distiller

90

Sterling

Eaton Mig Co

20

Technicolor

151

1913 (Lab. Is.)

511

NEW YORK RÜBBER

Dunlap Rubber. ....................................

28

Opening

Closing

Elec. Autolite

291

Texas Corpn.

387

Chinese 5% Eter. Noten.

Gen. Electric (England)

May

15.78/73

15.80/81

15.30/92

Spot

0/8-1/4

0/8-1/4

Elec. Bond & Share

Texes Gulf Bulphur,

271

1925 (Vickers)

181

April

0/8-1/4

0/8-174

Elec. Bond & Share $5 pt.

si

Trans-America Co.

61

Chin. Imperial Rly 5%

May

0/8-15/64 0/8-15/64 Elec. Bond & Share 38 pf.

86

20th Cent. Fox.

201

Loan.....

Guinness (A) Box, & Co. 99/8 Hawker Siddeley Airo.... 30/1 Bristol Aeroplane

September

15.79b/80a 15.25/88

21/6

December March

15.79/70

15.80/80

15.90/90 15.88b/91a 15.89 N

829

du 80'

J2 up

២៩ ៖

June

0/8-7/32 0/8-7/32 Elec. Power & Light $7 p.

201

20th Cent. Fox. $13 pf.

29

Honan Rly. 5%,

U.S. Dollars

Engineers's Public Service

Union Carbide & Carbon ...

724

Hakuang Rly.5%, 1911.

Imperial Chemical Ind. 29/4} Imperial Tobacco"

To-day's Bales:--650 tons.

Flintkote

Spot

April

.... 18-1/16

Food Machinery Corp. Gen. American Traum.

May

10

15-31/32

Gen. Railway Signal

Merchant Rates

Glidden Co.......

Goodrich (B.F.),

Goodrich $5 pt...

Goodyear Tire & Co.

Great Northern Iron Ore ...

Great Northern Rly, pfd. Great Western Bugar

Greyhound Corpn.

Homestake Mining

Industrial Rayon

bid.

1939

154.85 131,15 20 Industrials.

34.33 20,31,30 Baile 28.5921.5890 Utilit

12.23 89.37-40 Bonds 4,19 46.50" 11

June

$18-1/16 $16-1/18 ∙10-1/18 "16-1/32 16-31/32/Gen. Electric....

Market-Quiet but steady.

Sterling, 0/8-7/32.

Dollars, $16.

Silver. Duty Ente

The Central Bank of China's rate on London at 10 am. to-day

Was, 1/2-1/2d... unchanged from yesterday.

Gen. Motors

The Equalisation rate was 4-1/2 Hecker Products Der cent.

-India Rupee Paper

Bombay, April 1 (Reuter) Govt. 31% Rupee, 93-02-0.

Calcutta Exchange

Calcutta, April 1 (Reuter).

un Japan, 78-3/8,

High Low Dow Jones Averages, Mar. 21. High Low Close.

27.88 26:52 27.54. 86 up Chosen Corporation 22.00 21.709,50 80 mp | Fekin Syndicate

* 89.0038 of graal Elec. Constr

47.382204 off

8'hal Waterworks

Basinan Dons-1,580,000 shares

131/3

21

Union Pacifc ...........

04

Hukuang. Riy, 5%, 1911

Marks & Spicer "A" ord. bi

CHICAGO" WHEAT.

241

United Aircraft

351

(German Issue)

201

Rolls Royce

106/3

48

United Airlines Trans.

93

Lang Tsing & V. Hai Rly.

Leyland Motors

$6/101

351

United Corpn.

2+

5%

Tate & Lyle

50/6

431

United Corpn. $3 cum pl.

33

S'hai-N'king `Rl7, 5%‰mine.

Turner, & Newall

76

May July September

681/681

681/68

674/677

*68/684

681/68

671/671

*60/68*

684/68)

17

United Gas Corpz.

21

Tientsin-Pukow Rly. 6%

United Steel

23/3

Friday's Bales5,974,000 bushels.

17

United Gas Improvement

117

· 177" ·

UB. Rubber

382

(Brit. Stpd.) Gener Tientsin-Pakow Rly. 6%

Smethwick Drop Forg...

15/9

Armstrong Stevens, ord.

CHICAGO COEN

7/8

62

U.S. Rubber $3 pfd.

944****

211

jus. Steel

513

Vanadium

137

201

218

Warner Bros. Pict.

41

(German Stpd.). ....... Tientsin-Pukow Rly 5%

(Brit. Stpd. Supl. Loan).- 17. Tientsin-Pakow Rly, 5%

17

Fressed Steel, com.

18/11

May

472/478

473/474

473/477

Vickers," ord.

20/9

July

400/404

404/40

401/491

Woolworths dalies Anglo-Dutch

69/0

September

60$/500

501/50§=:

24/3

251

Westinghouse. Mec,

931

י

174

Woodward Iran Cor.

17

10

Chase National Bent

30%"

611

National City Bank

221

(Ger. Stpd Supl, Loan) 17 Jap. 5% Bier. Loan; 1907 38 Jap. 6% Ster. Loan, 1924, 434 Gez. 7% Intl Loan, 1934 36 Chartered Bank .......

Rub. Plant. Invest. Trust

27

WINNIPEG WHEAT

Burma Corporation Commonwealth Mining.. 1/10

8/3

May

811/011

617/611

60%/80%

July

611/617

612/619

814/814

Marsman Investments... 13/9

Bj

October

"624/623

621/624

20

Zmez. div. ∙DOW JONES AVERAGE

HK & S'hai Bank (Lan.

Rez)

Randfontein Estates

35

Western Holdings

9/3

NEW YORK HIDES: (New Coatracia)

Apr. 21933,

Change

131.84

HK. & Bhai Bank (Col -Reg) Chinese Eng & Mining 183.75 130,01 18283 09 up (bearer).

Sub-Nigel A

220

84

Tanami Goid Mining..

34.

"June

Anglo-Iranian

83/9

September

11.05/05

10.84/10 10.02/14 10.83/85

11.20/14-

11.22/25

Burmah

NY, Bulver, Official

42-3/4

unquote

Spell Trans.

9878

(bearer)

€21.70

NY-London Cross Hate 468-1/6

NEW YORK STRAITS TIN

468-1/8

89.27

Nominal

Commodity Index 47.40

September

46.35. N

45.90b/45.00a 45.80b/46.00.35

ا از

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