1939-04-13 — Page 16

Daily Press 孖剌西報 All

滋事

#831

Last Sale

APRIL 12, 1939 STOCKS

Last Bale

Apr. 11

Apr. 11

71

Int. Nickel

437

151

| Int. Tel & Tel.

...

61

81

Johns Manville

71

Allis Chalmers

31A

7. & Laughlin Steel 7 pfd.

38

| Amerada Qorps.

52

Kennecott Copper

291

831

Libbey-Owens-Ford Glass 39

FINANCE

HONGKONG SHARE QUOTATIONS

SHARFMROKERS- ASSOCIATION

STOCK EXCHANGE -

Dayum Baller Ball

WED:, 13.

Buyers Ballars

Sorina

buyers. sellers

RAT

280

APR.

Banks

H.K. Banke

Do. (Col. Bag-}

Do" (Lon. Bag) Chartered Banka Marcantile Bks. "1"

Maggantis Bla... “C Bank of East Asia ... İN. C. & 8.B Alina L

Underwriters

·B(380

284)

£97

THURSDAY, APRIL 13, 1939.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

$1340

3 months 42-1/4" 42-5/16 Electrolytic

48-3/4

47-3/4 TIN

Amsterdam, 8.82.

Standard, Cash 14 Standard,

214-1/2

3 months 211-1/2

LEAD

211-374

Insurances

$226

Canion Insurazões 12.

$120

Foreign,

$465

Union InnerENOME

Omcial Price 14

14-1/16

$465

Foreign Oficial

$183

HK Fires

0180

3 months 14-1/4

SPELTER

14-5/16

Shipping

$68

Douglases in somet

$87

Ordinary,

013

Babon

#114

Official Price 13-1/4

13-3/8

$60

|Indo-Chinas (Pref]

50

24

120

Ordinary, Official

10/7/

3 months 13-1/2

13-5/8

Final Afternoon Transactions

SPOT

Tin, Standard, Cash, £214-1/4

106

2108

JULY-SEPT. OCT.-DEC.

Tin, Standard. 3 months, 2212 paid and value.

"14.8

#11

$16

EK. & W. Dooks...

Do. (new)

$16

$101

PAGE 12-HUNGKONG DAILY PRESS ·

MONEY AND EXCHANGE

CLOSING QUOTATIONS London Exchange

APRIL 12, 1939

On London:----

Telegraphic Tranater. 1/1 5/8 Bank Bills, on demand)/2 5/¥ Credits 4 months' aight 1/2 15/18

On Ahanghai--

On demand

170 nora

On Singapore:-

On demand

52 3/8

On Japan

On demand

141/2

On India":~-

Telegraphic Transfer. 1 3/8 and demand

Un New York:

#1

Bank Bills, on demand 28 1/2 Credits, 60 days' sight wo

Un Batavia;—

London, April 22 (BWS, Closing mean rates.. Paris, 176-51 /84. New York, 4.88-1/8. Montreal,. 4.71-1/8. Brussels, 27.82). Geneva, 20.872.

Milan, 89.

Berlin. 11.67.

Helsingfors, 228-5/5.

Rio. 3-1/32.

Buenos Aires, 20.214. Hongkong. is. 2‡d.-

Other rates were unchanged.

SILVER MARKET

63 8/16

11

Bank Bills, on demand 1575

Credits 4 months' sight 1117

On demand

On Paris:

Un Sairon:

On demand

107 1/4

Un Manila

• On demand

57 '1/4

151

Bank Buying Rate

Bar Silver per os.

... 4/2 13/16

20

On Bangkok:---

On demand

Sterling Notes:

Market Report

FROM ROZA BROS.

unchanged silver prices were yesterday, the quotations remain- ing at 20 for Ready and 19.11/16 for Forward. Silver advices.. re- ported the market as being quiet and featureless. There were buy- ers at 1/16 under the quoted' rate.

? American Silver was quoted at

42 3/4 for Spot.

The London New rate was quoted at York/London . was 468.1/8.

York CT093-

488.12. New

quoted at

Market

Indications

LONDON SILVER

"LONDON METALS

EXCHANGE

London, April 11 (Reuter).

COPPER

£

£ Standard. Cash 41-15/16 42 Standard.

Landun, April 11 (Reuter}, Ellver-Market quiet, steady and featureless. In the afternoon. value. there were buyers at 1/16 under. the fixed rate, but offerings were

scarce.

Spot, 201.

Forward, 19-11/16d.

" NEW YORK SILVER

New York, April 11 (Reuter). Omcial Price, 42-3/4.

BOMBAY SILVER Bombay, Apr 11 (Reuter). Market Steady Offtake 75 bars

Tadian Mint Silver

52-11 ..... 52-03 52-06

Ready Apr. 17 Settlement May 17 Settlement

LONDON GOLD.

London, April 11 (Reuter). Bar Gold, Fine per oz., 148/8. Dollar Parity,

BIG GOLD SHIPMENT FROM BOMBAY BOMBAY, April 12 (Reuter)- About £100,000 worth of gold left Bombay, half of which is being optionally sent to New York, Paris and Amsterdam.

NEW YORK, STOCK EXCHANGE

STOCKS

of Adams Express with Opened easiness but towards the clase Alleghany Steel Co. market appeared a shade steadier. Allied Stores

Sterling

A small business was done ear-Amer. Cen

QUOTATION

40

Indo-Chinas (Def.)...

80/71 Shells

Waterboata

Docks, Wharves,

Godowns, etc.

HLK. &. K. Wharve Providente

Provideats (weer)

#1013: Shanghai Dooks 8.

36.70 | New "Engineerings ♬

Mining

Rapbe

1.

17/6 Kailans

17/0

$8

381

43

Vaioriala Gold Fids

4 ca

Hong Kong Minot ...

Lands, Hotels and

Buildings

H.E, Hotels

H.K. Landa ............ $33

$104 Do. 4% Debentures..

$8.60 Shanghai Lands

8.

$4.40 HK Realtios

86.70

$104

#331 ***

(FROM PAYNE & CO.)

****************

New York, April 11, 1939

SINGAPORE RUBBER

April 6 buyers sellers 27-1/2 27-3/4

*27-3/4 28.

27-3/4 28

April 11 buyers sellers

change

27-3/8 27-5/8” of 1/8

27-5/8 27-7/8

27-5/8 27-7/8

The market opened 1/4 of a cent lower for all deliveries as compared with Thursday's closing rates.

Early in the morning the market displayed a quiet undertone. Although fair enquiries for "spot" Rubber by, consuining centres were in evidence, speculators were hesitant to enter into fresh com- mitments due to the unsettled European political situation.

Later in the session the market turned easter due to specula- tive liquidation, which, coming on a narrow market, caused prices to decline by 1/4 cent for all deliveries.

The statistical position of Grude-Rubber continues showing steady improvement. March consumption in USA.. to be shorth announced. Is variously estimated as from 48,000 to 50,000 tons.

- Closing tone was easy...

:::

$55

$15)

$13

ly in the morning at 1/211/10 Amer. & Foreign Power for June and May followed by Ameri & Foreign #7 ph......... transactions at 1/2.5/8 for Novem- Americap Gas & Bec.- ber. Towards the close transac-Amer. Locomotive tions were also arranged at Amer. Metals Co. 1/2.11/32" for August-September. Amer. Radiator .............. The market closed with sellers at Amer. Rolling Mill 1/211/18 April, 1/2.21/32 May/ Amor, S'ting and R’ing Co. August and 1/25/8 Beptember/Amer. Bugar Blog, November, buyers at 1/223/32 for Amer. Tel & Tel. cash, 1/2.11/16 Jupe/September Amer. Tobacco "B" and 1/2.21/32 "October/November.

21

Lockheed Aircraft

254

131

Loew's Inc.

351

317

Martin, Glen L

331

161

Monsanto Chemical"

314

871

$13

::

271

Montgomery Ward

43

26.cts.

114

Nat, Dairy Products

13"

$13

127

Nat. Mistillers ..

241

391

National Gypsum

102

Miscellaneous

164

National Load ......

19

841

$3.6

391.00

1491

Nat. Power & Light

$151

72

751

National Steel Corp.

$8.40

59)

812

Ch. E'tainmenta Constructions

$+45

LONDON RUBBER

::

$40

38.35 Humphreys ...... $10% Chinese Estates

Cotton Mills

(B)

$1B 80 E

#104 Bhal Cottons (8.) $30 Zoong Sing (8)“

Wing On Textiles (8.) Public Utilities

Previous close

To-day's close

$19,80 $107

SPOT

buyers, sellers ..buyers sellers

7-15/16 8-1/16 7-15/16 8

change.

unch.

JULY-SEPT.

8-1/18 8-3/18 8

8-1/16

of 1716

OCT.-DEC.

8-1/8 8-1/4 8-1/16

8-1/'B

JAN.-MARCH

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

8-3/16

$18

$16.20

TELAWAYS......

$16.20

B

Peak Trama (old)

#4

Peak Trams (new) ...

!!!

Market quiet, but idle.

14

3674 8tar Farriss-

NEW YORK COTTON

24ma Ferries (0) 824 Do.

125

$13

£8.35 China Lights (0)

China Lights (New) China Lights Rt»,

B.K. Electrics

Macao Electrics .......

Sandakan Lights

Telephonse (old)

#71 Telephones (new) 190 Tratione

236Tractions (prit.)

Industrials

Cald., Macg. (Ord.) 8. Cald., Macg. (Fref.) 8. Canton Toes

313) Camania

-------

$3.60 Bopes.........

Dairy Farma ca. Ela. $15 Dairy Farm Rts.

*8.15 #8

$6.15 $51

[$65/ 65|

3221

28/.

Prices at the opening were slightly below yesterday's Fluctuations throughout the day were narrow, with the market working both ways, closing slightly above the day's lows. No im mediate action is anticipated in regard to the barter plan for cotton and wheat against rubber and tin.

J

NEW YORK RUBBER

Rubber slumped on heavy selling and liquidation on fears that the barter plan would lead to an increase in quotas. Prices "closed" from 23 to 28 points below the previous day's close, which, however, was slightly above to-day's lowest.

cicae.

A

CHICAGO WHEAT

(old)

#1}

Some trade buying was in evidence to-day, but, on the whole. very little interest was shown in the market, and price ductuations were fractional.

Amer. Waterwork Anaconda Copper

.81

Nat. Bupply Corpn.

ד' .

Constructions. (ww)

22}

New York Central

U.S. Dollars

The market closed with sellers at 28 5/8 Cash. 28 9/16 Baltimore & Onló April/first half May, 28 1/2 May/Barber Asphalt Co first half June and probably 28 Barnsdalt Of 7/16 July, buyers'at 28 11/18 Cash. "endix Aviation 28.5/8 Arst half May, 23 9/16 Bethlehem Steel June and 28 1/2 July.

Shanghai Dollars

134

$8

Atchison, T. & 8. Fe. small Auburn, Motors...

26

Niagara Hudson Power

6

Nanying Tobacco

12

N. American Atation

14

41

North American: Co.

201

"11

Northern Paciflc .....Ab

123

Pacific Gas & Elec.

28

181

Pacific Lighting

43

551

Packard Motors

31

Boeing Airplane Co....

2N

Paramount Pictures

Borg Warner

21.

Pennsylvania R.R.

171

13 2

$/0

Biggs M'facturing

181

Phelps-Dodge

301

177 1/2.

Brooklyn-M'hattan Trans.

11

Phillips Petroleum

321

Milita

B'klyn-M'hattan se cum pf.

38

Public Service of N.J.

32

16.1/32.

ShanghalTM Market Sterling, 8.1/4. US.

Shanghai Exchange

Shanghai, April 12 (Reuter).

Canadian Pacific R'way. ....

31

Pullman Inc.

251

Dollars.

Case, J.I

70

¡Pure Off

72

Celanese

141

Radio Corpn. of Am.

51

Lane Crawforda

$1,60 Bincerem

$71 Watson

847. Ch. G.5% 1925G $Bds. 4.p

HK Govt. 4% Loans

par. II.K. Govt. 34% Losa $42 K. Wing On

What Wing On

$130 Vibro Piling... Matemans för. (Lon.) Haramosios Inv. (H.K.)

90 ata Wm. Powells

to Shanghai

LONDON STOCK EXCHANGE

$8

$4

$1.80

Dow Jones Industrial Averages

Previous To-day's

close

124.03

close Change

123.75 of

24

49

641%

#104

$100

N. Y. Commodity Market

10 cts.

Chesapeake & Ohta

281.

Republic Steel

141

Chrysler Corpri.

57t

Reynold Tobaɛ. “B”

351

Columbia Gas & El.

3

Richfeld O

(REUTER'S SERVICE).

London, April 11.

Columbia 8% ""A" pl.

781

Safeway Stores

30

Opening

Commercial

411

Schenley Distillery

121

London ...

New York

Japan

-Paris

Commonwealth & 8. (ord.)

it

Schenley, 54% pfd.

0/8 15-3/8

"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.

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

New York Cotton, July New York Rubber, MAT New York Hides, June Chicago Wheat, May Chicago

Máy com. Wanipeg Wheat, May

High

Prev. To-day's Low Close Close Change

7.79 1.75 7,80 7.76 0.04 ́DE 16.00 16.75 16.08 15.82 28 off 10.18 9.40 10,20 9,75 45 off

691 681

881

до

48

474 477 471 +

of

611

60% 811"

C'wealth & S. 6% cum pt.

511

Sears Roebuck

641

*Hongkong

Open Market Selling Bates

56-7/8 5.48 03-3/8

Consolidated Edison

284

Shell Union Off

2

NEW YORK COTTON.

111

Consolidated Ou

71

Socony-Vacuum of

107

War Loan, 31% (Red.

Continental Can

4.33

Bouthern Pacific

after 1952)

947

111

Continental Oll

221

Southern Rly $5

Canton-Kloon Rly.

181

Corn Products ...

581

Sperry

1888 (Brit. Issue)

101

39

Sterling

Curtiss Wright (C)

41

Standard Brands `

Chinese 41% Gold Loan

68.

6.

Curtiss Wright “A”

211

Stand Gas & Elec, ging me

Chinese 5% Gold Bonds,

21

Boot

April

May

Opening Closing 0/8-1/4 0/8-1/4 0/8-1/4 0/0-1/4 0/8-15/64 0/8-15/84|

Deere & Co.

171

Standard Oil of California

1925-47......

841

Union Insurance........ 30* Gula Kalumpang Rubber 18/101 Allied Ironfounders ...... 18.. Asso. & Elec. Industries 37/104 Austin Motors, ord.

30 Cable & Wirgiesa,» New

Form, ord.

Слове

Opening

Closing

Change

May

7.99/8.00

7.99/99

7.99/8.00

unch.

July

7.80/80

7.78/78

* 7.76/76

04 aff

October

7.50/50

7.49/49

7.49/49

01 at

December

7.46/48

7.422/448

7.44/44..

42

January

7.43/44

7.42b/112

7.43 N

01 DE

254

Distillers Corpn. Beagrama

18

Btandard Oil of NJ.'

Chin. 41% Anglo-French

441

Douglas Aircraft ......................................

81

Stone & Webster

91

June

·0/8-15/64 0/8-7/3 21

US, Dollara

Du Pont de Nemours... Eagle Picher Lead Eaton Mfg. Co.

131

Swift International

Loan, 1908 571 Chinese 5% Crisp Loan,

|B.-A. Tob, (bearer) ..

Cammell Laird; ord

93/9

March

7.49/49

7.47/47

7.48 N

01 od

7/0

Spot

8.74 N

8.74 N

unch.

Mexican Eagle,

8/71

28.

8

Technicolors...

1012

37

Courtaulds

23/9

151

Chinese 5% Reorg. Loan,

161

Texas Corpn. .............

Distillers.......

5.68

381

May

· 1913 (Ldn. IL)

511

Spot

$18-1/10 $16-1/16

Elec. Autolite

Dunlop Rübber

(25

24+

Texes Gulf Sulphur ........

271

Elec. Bond & Share .....

Chinese 5% Ster, Notes,

Apri

16-1/18 16-1/18

71

Trans-America. Co.

51

Elec. Bond & Share $5 pi."

*1925 (Vickērs)

177

May

18-1/32 16-1/32

20th Cent, Fox,

Gen. Electric (England) 76/4) Guinness (A) Son & Co.: 100

September December

Junc

15-31/32 Elec. Bond & Share $8 pí.

Elec. Power & Light $7 pf. Fliritkote

Merchant Rates

Food Machinery Corp.

Gen. American Trans,

Gen, Electric.

Gen. Motors...

Gen. Railway Signal

Goodyear Tire & Co...

Great Northern Rly, ptd.

Great Western Sugar

Greyhound Corp.

Becker Products

1939

154.85 121,44), 20 --Industrials)

34.22 2414 30 Rails

16.59 20.71 20 Lítili bilan

Bombay, April 11 (Reuter). Govt. 31% Rupee, 94.0.0.

99.21 57.39 40 Bonds

15-31/32

Market: Quiet.

Sterling, 0/8-7732. ¿Dollars, $18.

Silver Duty Rate

The Central Bank of China's Glidden Co. rate on London at 10 am, to-day Goodrich (BF),

was 1/2-1/2d, unchanged from Goodrich $5 pf yesterday.

The Equalisation rate was 5 Der Great Northern Iron Ore ... cent

New York Exchange

New York, April 11 (Reuter). T.T. on London (Opening Rate), 4.68-1/8.

Calcutta Exchange

"Calcutta April 11 (Reuters. T.T. on Japan, 78-1/2

India Rupee Paper

Homeatake Mining Industrial Rayon" International Harvester

High Low Dow Jones Averages, Apr, 10, High Low Close Chanson

80%

171

20th Cent. Fox, $1j pf.

28

24)

Union Carbide & Carbon ...

Chin. Imperial Rly, 5%

Loan .................

65

Hawker Siddeley ́· Aire.... 29/3 Bristol Aeroplane

March

20/9

NEW YORK RUBBER

15.08/08 16.00/00 16.08/08 15.96/95- 16.08b/09a 15.97/977 16.08/08 To-day's Sales: 3,170 tons.

15.80b/82a 15.83/84 .15.85/85 15.85 N

5858

681

Honan Rly. 5%.

22

181

Union Pacific

Imperial Chemical Ind. 27/7↓

84

211

United Aircraft

Hukuang Rly. 5%, 1911...

221

Imperial Tobacco

CHICAGO" WHEAT

128/

.38

Hukuang "Rly. 5%, 1011

Marks & Bo'cer "8" ord. ·· 58/8

ne 42

United Airlines Trans,

81.

(German Issue)

201

May

089/687

Rolls Royce

331

United Corpn.

103/9

21

38

United Corpn. $3 cum pl.

Lung Taing & U. Hai Rly.

July

68/681

077/073

681/681 68/581

Leyland Motors

28/3

223

171

15

United Gas Corpn.

Tate & Lyle ......

September

681/684

691/684*

58/6

***** 150

United Gas Improvement

S'hal-N'king Rly. 6% 251

Turner & Newall

Monday's Sales

9,737,000 bushels

75

111

151

US. Rubber

351

54 23**

UB. Rubber #8 pfd.

201

(U.S. Steel

47

13

Vanadium

18

187

Warner Bros. Pict.

24)

Westinghouse Hec.

› Tientala-Pukow Rly. 5%

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

(German 8tpd.) 17 Tien sin-Pukow Rly. 5%

(Brit. 8tpd. Supl,Loan). '171⁄2 Tientsin-Pakow Rly. 5%

United Steel

#22/9

17

Smathwick Drop Fors

15/8

CHICAGO CORN

181

Woodward Iron Cor.

151

91

Chase National Bank

611

National City Bank

221"

1.73

501

bid,

tex, dir. DOW JONES AVERAGE

*821

Apr. 19, 1929,

H.K. & Shai Bank (Col

Reg.)

841

(Ger. Stpd. Supl, Loan) 17} Jap. 5% Ster. Loan, 1907 BT Jap. 4% Ster. Loan, 1924 43 Ger. 7% Intl. Loan, 1924 32 Chartered Bank/2" 8° HK & Shai Bank (Idn.

Reg.)

Armstrong Stevens, ord. 7/8" Pressed Steel, com... Vickers, ord. vadinam Woolworthscount: 58/4) Anglo-Dutch Bään 23/8 Rub, Plant, Invest, Trust ... 25/3 Burma Corporation dan 8/1 Commonwealth Mining.... 1/1} Marxman : Investments...: 13/3 Randfontein Estates .... 34/44 Western Holdings ......... 8/2 Sub-Nigel.

215 Tanami Gold Mining.. Anglo-Iranian

15/101 20/41

May July September

477/477

471/473

408/491

401/401

· 50g/508

601/501

501/501

WINNIPEG WHEAT.

May July

October

61/811

601/601

60/60

62/02

€11/611

611/611

**827/63

629/624

NEW YORK HIDES: (New Contracts)

124.03 12449 130.04 12376

34.74

20.85

38 of 24.96 21.70 24.73. 01 os 21.33 20.25 31,30

Ohinese Eng. & Mining

(bearer)

17/6

Burmah

Chosen Corporation Fekin Byndicate

87.39

49.13 45.59 11 Commodity Index 47.35-

47.10 415 on Business Done: --) #63,000 3 RON (2

S'hal Elec. Constr. Co... 25* What We

191*

3d.

80/7

+78/11

Jane

10.20/20 Beptember 10.58/ÈD NY 'Silver, Ometal ...; 42-3/4" NY-Londo

Cross Rate 4.88-1/8.

10.15/16 *30.54/48°

972/15

· 10.10/13 -

4-3/4 (4.58-1/8"

„& Trad.

80/7

-Nominal

Septembe

NEW YORK-STRAITS TON

46.102 N. 45,55b/45,00% 45,851 N25

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