1939-04-18 — Page 12

Lancs, have received

China Lights (Old), $7.90.

PHILIPPINE GOLD MINING QUOTATIONS

Market Report

FROM ROZA BROS.

Sliver prices were unchanged yesterday, the quotations remain- ing at 20 for Ready and 19 3/4 for Forward. Süver advices "re- ported speculators as having sold market small extent. The to a was steady. American Bliver was. quoted at 42 3/4 for Spot.

The London/New York cross- quoted at 468.00. New rate wis

York/London was quoted at 488.

1/2.

L. X L...

Itogons

North Camarines

NEW YORK STOCK EXCHANGE

QUOTATION

Un demand

63 9/10

On Paris:-

Bank Bills, on demand 1076

Credits 4 months' sight 1117

On Saigon:-

SALES

On demand

17 1/4

Un Manila:-

On demand.......................

37 1/4

On Bangkok-

HK. & K. Wharves, $99. HK Docks (Old), $154. .. China Lights (Old), $7.90. Vibrn Pling. $7.

Centros

Artamoks

31

On demand

1521

Atoks

30

Sterling Notes:-

Buguto Gold

23

Bar Silver per os

Bank Buying Rate 1/2 13/14

20

Dentavo

Benguet Consol

10.80

Antamoks

31

Coco Grove

30

Atoks

30

Demonstrations

13

Baguio Gold

23

I. X. L.

52

Benguet Consolidated

10.80

Paracale Gunaus

14

Coco Grove

31

San Mauric

1.72

Demonstrations

13

Suyor Consol

15

52

United Paracales

59

221

North Camarines

48

48

Market Comment —Quiet.

PAGE 12-HUNGKONG – DAILY PRESS

MONEY AND

EXCHANGE

H. K. STOCK

EXCHANGE

Only a few small enquiries were

CLOSING QUOTATIONS dealt with during the day and at

APRIL 17. 1939

On London:-

Telegraphic Transfer. 1/2 3/8 Bank Bills, on demandl/% 5/2 Credits 4 months" sight 1/2 18/19 On Shanghai:-

On demand

On Singapore:—

On demand

On Japan:-

On demand

On India:-

b. 175 nom

$2 3/8

104 1/2

Telegraphic Transfer. A 18/9

and demand

On New York:-

Bank Bills, on demand 28 1/2

Credits. 80 days' sight 29

On Batavia :—

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Monday, April 17, 1939.

prices approximating the opening HK Banks

with the political Hotels ...... quotations. situation so cloudy, the market has Star Ferries recently adopted a hesitant atti wharves tude, particularly on Mondays, Vibro Piling nowadays being inclined to take China Lights (0) guidance from the trend of the United Paracale London market, and this is not Itogons available unt!! Tuesday mornings.

BUYERS

Hongkong Bank, $1355.

Douglases, $76.

HK. Lands $32.

HK Realties, $3.90,

HK Tramways, $15.80.

KK Electrics, $5..

Canton Ices, $1. Watsons. $71.

Entertainments, $6.40.

SELLERS

AK. Realties, $4.10. Maramans, 5/-.

FINANCE

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Bellers

2 500

$1,360.00

6.00 30

50

65,00

141

8

99.00

500

7.00

£801 £71

237

50

8.00

213

10,000

Ps. 0.60

3,000

P8, 0.25

Messrs. W. Wadworth and Sons, Limited. High-street,

San Mauricio

Suyoc

United Paracale

:

1

SHAREBROKERS' ASSOCIATION

MONDAY 17, APR.

Buysen

Balleri

Banks

H.K. Banks minde

Do. (Col Bag.) *** Do. (Lon. Reg.) ---. Chartered Banks ..... Mercantile Eks. “*** Mercantile Bku, "C" 190Bank of East Asia .......

[N. C. & E Banks

Insurances

$229 Canton Insurances ... 1465Union Inrugenote

Underwriteru

$150 H.E. Firse

Docks, Wharves,

Godowns, etc.

#4

Tomine

$1350 esaj 230

$325 $1

$465

Bolton,

3186

9.71 order

Shipping

from the London and North Eas- tern Railway Company for eight lifts lifts. Those electric goods will be installed on the platforms at King's Cross Station.

875

Dongintas e

$75

$13

Steamboats

#11

$80

Indo-China

(Prof.)

$50

TUESDAY, APRIL

18, 1939.

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE

HONGKONG

NOUILDING

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

New York. April 15, 1939,

SINGAPORE BUBBER

324

Indo-Chinaa... (Det.)...

1910

79/41 Shells

59/41

$8.40 Waterboala

#9$

SPOT

JULY-SEPT, -··········

1.72

$100 H.K. & K. WharroS

$100

OCT.-DEC.

い

April 14

April 15

buyers

sellers

buyers sellers

change

?

27-1/8

27-3/8

27-1/4

21-1/2

26-5/8 26-7/8 28-3/4 27

of 1/2

of 1/2

27-1/4 27-1/2

26-7/8 27-1/8

of 3/8

15 58

$4

$131

PHILIPPINE GOLD MINING

QUUTATIONS

Monday, April 17, 1939.

Providenta Providente (now) .... H.K. & W. Docka... $15

Dx (now)

34

|1080

$101) Shanghai Docks 8.

$6.70 New Engineerings 8.

1

Mining

38 2:

M

#3%)

ཀྱི་

16/6 Kailana

$3

Reube

Vanerusia Gold Fide

4cta Hong Kang Misa ... Lands, Hotels and

- Buildings

16.30 H.K. Hotelu |H.E. Lands

...

$104 Do. 4% Debentures

98 GO Shanghai Lands 8.

34.10 H.K. Realties.

$8.86 Humphreys

$103

Chinese Estaten .......

Cotton Mills

$20 Ewo (9.)

Zoung Sings (8.) ... Wing On Tartiles (8.)

B101 101

10/6

39

$5.30

8:33

$104

to about 130,000 tons,

$4.35

972

Closing tone was quiet.

$90

$107

1993

LONDON RUBBER

Previous close. To-day's close buyers

sellers buyers

sellers

change

SPOT.

7-15/10 8

7-7/8

7-15/18 of 1/18

316

JULY-SEPT.

8-1/16 8-1/8

..g

"

OCT-DEC

8-1/8

8-3/16

B-1/16

8-1/16 8-3/16

off 1/16

of 1/16

34

JAN.-MARCH....

8-3/16

8-1/4

8-1/8

B-9/10

of 1/16

Jat

Market very quiet.

$25

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

Throughout the day the market ruled dull and featureless. Whilst there were some moderate enquiries for "actuals" by con-. suming centres, dealers and speculators were disinclined to operate elther way. preferring to await further developments in London and New York.

Towards the close of the session prices for immediata and July- whilst there was no September deliveries declined by 1/8 cent change in rates for more distant options.

announced at

American consumption Agures for March were 50,185 tons as against 42,365 tons for February. It is estimated that American absorption for the second quarter of this year will amount

STOCKS

Last Sale

APRIL 16, 1939 STOCKS

Last Sale

"Apr. 15.

Apr. 15

$7.90

Market

Quiet.

Adams Express

71

Int. Nickel

40]

25.15

1

Alleghany Steel Co.

167

Int. Tel, & Tel........

Sterling

Allis Chalmers

Amerada Corps. Amer. Can

Amer. & Foreign Power Ameri & Foreign $7 pt....

, Business was done during the early part of the morning at 1/2. 23/32 for cash, May and June. The market closed at 1 p.m. with sellers at 1/2.11/16 April/August, probably September, and 1/2.21/32 American Gas & Elec......

Amer. Locomotive October/December, buyers at 1/2. 3/4 Cash, 1/2.23/32 July and 1/2 Amer. Metals Co. 11/16 December.

"

Amer. Rolling Mill ÚS. Dollars

Amer. S'ting and Ring Co.

·Business was done at 28 11/16 Amer. Sugar Ring for April and Cash. The marketiAmer. Tel. & Tel. closed at 1 pin. with small sellers (Amer. Tobacco "B" at 28 11/16 April, 28 5/8 May, 28 Amer. Waterworks 9/16 June, 28 1/2 July arid 28 7/16 Anaconda Copper- August, buyers at 1/16 higher Atchison, T. & 8. Fe. respectively.

Auburn Motora...

Allied Stores

73

Johns Manville

73

337

3. & Laughlin Steel $7 pfd.

374*

531

Kennecott Copper .....

31

831

Libbey-Owens-Ford

Glass

414

21

Lockheed Alreraft"

243

14

Loew's Inc.

$2.39

29/0

$1068'hai Cottons (8)

$30

11:

+8+8

$40

Public Utilities

318

Tramways

Peak Trams (old)

$4

Peak Trans (D&W) --

$671 Star Ferries

$25

Fati Fuerim (0)

1124

$34

Do. (now)

Chins Lights (0)

$7.90

P.

5.90

China Lights (New)

China Lights Ete..

$51

317

$11

H.K. Electrics

Macso Electrics

Sandakan Lights

#211 Telephone (old)

37Talephone (WW)

920 Tractions an

Tractions (pr.)

$53

3211

28/.

35

Manhattan Shirt Co.

100

Industrials

18

$14

Martin, Glen L

331.

Cald., Macg. (Ord.) 8.

$13

298.

McKesson, Robbins

91

Cald., Macg (Fret.) 8. ;

$1

Amer. Radiator

121

Monsanto Chemical

921

141

Montgomery Ward

461

414

at. Dairy Products

14

161

Nat, Distillers

241

1541

National Gypsum

111

80

National Load

88.40

211

91

Nat. Power & Light

232

National Steel Corp.

62

38

272

Nat. Bupply Corpn

New York Central

147

Shanghai Dollars

178 1/4

Shanghai Market

Baltimore & Ohio

52

Niagara Hudson Power

$72

81

Barber Asphalt Co

131

N. American Aviation

141

Barnsdall Of

14

North American Co.

211

Bendix Aviation

201

Northern Pacinc

B1

Sellers at 8.15/64 and U.S. Dol-Bethlehem Steei

572

[Pacióc Gas & Elec.

301

lary at 16:1/18 for Spot. "

Afternoon Market

Boeing Airplane Co.

211

Pacific Lighting

44*

Borg-Warner

227

Packard Motors

31

Biggs M'facturing

'201

Paramount Pictures

0/0

---

Brooklyn-M'hattan Trans.

101

Pennsylvania R.R.

171

afternoon.

Sterling

The market was quiet in the B'klyn-M'hattan $8 cum pf.

No business was reported, finish-Chesapeake & Ohio ing with sellers at 1/211/16 April/ Chrysler Corpn. September and 1/2.21/32 October/Columbia Gas & El December, buyers at 1/2.3/4 tor Columbia 6% "A" pf. near, 1/223/32 September probably 1/2.11/16 December.

U.S. Dollars.

The market closed with sellers Consolidated Edison.... at 28.11/15-April, 28.5/8 May, 28. Consolidated Oli 9/16 June, 28.1/2 July and 22.7/18 Continental Can August, buyers at 1/18 higher Continental Oll respectively.

Shanghai Exchange

38

Phelps-Dodge ......

-32)

Canadian Pacific R'way. ... Casé. J.I... Celanese

4

Phillips Petroleum

341

da

72

Public Service of N.J.

341

162

Pullman Inc.

·261

|#01/03)

Caston, Iow

$132. [Cements

$3.60 Ropes

Miscellaneous

$30 Daisy

Farmi kx. Kts.

$151 Dairy Farm Res.

Ch. E'tsinmentā vie

#11 - Constructions (old) Constructions (new)

(Lano Crawforda kom

Nanyang Tobacco ....

WALAGA

637 Ch. 0.5% 1945G #Bd». 4pm.K. Gort, 1% Louns par. H.K. Govt. $%Loi

13/3

90 ota

H.K. Wing On S'hat Wing. On Vibro Piling Marsmaps Inv. (Lon.) Marsmans Inv. (HK) Wm, Powella wargane *Balon Lo Ebangkal

LONDON STOCK

EXCHANGE

:.

36.45

#1 20

$18

$3.50

over

3211

$15

#11

$8"

$1.80

17.

031%

$101

Dow Jones Industrial" Averages

$100

$46

BCL

$6.60

The average forecast of last week's stock of rubber in London. and Liverpool shows a decrease of 100 tona.

NEW YORK COTTON

Early in the session to-day, the market was extremely quiet, with prices slightly lower. Higher Liverpool cables, later in the morning. imparted strength to our market, and values staged a minor rally. being further aided by new buying and covering by shorts. Con- sumption prospects in the goods market are favourable. It is felt that any improvement in the European situation would have a favourable reaction on the market.

NEW YORK RUBBER

Though trading was quiet, prices advanced slightly at the open- ing. Publication of the March consumption figures, which totalled" 50,000 tons, "and estimates that April consumption would be around the same level, traparted armness. At the close, the mar ket was steady, with further advance indicated.

CHICAGO WHEAT

The easing political situation in Europe caused a minor setback There was a lack of trade nad export demand.

Previous

close

128.20

To-day's

7 close

Change

129.61 up 3.41

N. Y. Commodity Market

10 ots

32

Pure Of......

81

013

Radio Corpn. of Am

el

(REUTER'S SERVICE)

(By Courtesy of Mesiri. Swan, Culbertson & Frit and S. E. Levy & Company)

'Prev. To-day'a Eigh Low Close Close Change

B1

Republic Steel

151

London, April 14.

791'

Reynold Tobac. “B”

New York Cotton, July

7.71

381

and commercial

431

Richfeld Oll

7

Commonwealth & 8. (ord.) Cwealth & 8. 6% cum på

∙11

Safeway Stores

33

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 Rubber, May

13.75

7.68 7.88.7.70 02 op 15.85 15.85 15:76 10 up

New York Hides, June

10:10

"B.88

9.67 10.10 43 up

541

Schenley Distillers

13

£

£

301

Schenley, 5% pid.

..

7t

Sears Roebuck

671

War Loan, 21% (Red.

Union Insurance

301*

Chicago Wheat, May Car May Chicago fWnnipeg Wheat, May

601 631

691 651

485

48号

61 604

61† - 601

off off

37

Shell Union Oll

after 1962).

934

114

231

Bocony-Vacuum Cl

Canton-Kloon Ely. $%

121

Com Products..

573

Southern Pacine

1898 (Brit. Lasue).

191

1.2#

Curtiss Wright (C.)

51

Southern Rly $5 pfd.

Chinese 41% Gold Loan,

86

19%

Curtiss Wright "A"

224

Sperry

Chinese 5% Gold Bonds,

39)

Deere & Co.

181

Standard Brands

1925-47

63+

Gula Kalumpong Rubber 16/3 | Allied Ironfounders ......

Asso & Elec. Industries 37/14 Austin Motora, ord. ...... 2017 Cable & Wireless, New

Form, ord

NEW YORK "COTTOM

18

Close

Opening

Closing"

Change

May

7.94/95

*1.90/91

7.94/05

unch.

July

7.58/68

7.86/86

1.69/70

.32 up

41:

October

7.40/40

138/38

7.41/41

01 up

Shanghai, April 17 (Reuter),

Distillers Corpn. Seagrams - 17

Opening Douglas Aircraft

$2

London

0/8

Du Pont de Nemours

139

Stand Gas & Elec. Standard Oil of California

Standard Oli of NJ.

Chin. 44% Anglo-French

B.-A. Tob. (bearer)

92/6

December

7.35/35

1.32/32

7.36/38

01 up

22

Loari, 1908

57%

Cammell Laird, ord.

7/7+

January

7.35 N

1.32/33

738. N

.01. up

1:02.

Chinese 5% Crisp Loan,

Mexican Eagle

6/41

March

7:40/40

7.37/37

7.42142

Đi Tro

451

New York

15-5/8

Eagle Picher Lead

91.

Stone & Webster...

1813.......

37

Côürtanids

23/9

Spot

8.69 N

101-

Japan

56-7/8

Eaton Mfg. Co.

201

Swift International

-Chinese 5% Reorg. Loan,

Distillers

87..

282

1913 (Ldn. (a)

511

Paris

6.48

Elec, Autolite

271

Technicolor má

181*

Chinese 5% Bter. Notes,

Hongkong

53-3/8

Elec. Bond & Share

84

Texas Corpn.

391

1925 (Vickers)

17

Open Market-Selling Rates

Elec. Bond & Shate $5 pf.

Texes Gulf Sulphur

-271*

Sterling..

Elec. Bond & Share 6 pl.

62 *

Trans-America Co.

Chin. Imperial Rly. 5%

6

apot

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

Opening Closing Elec. Power & Light 37 pr.

381

Loan''...........

65

20th Cent. Fox.

191

101

20th Cent. För $13 pt.

Honan Rly. 5%

22

29

April

D/8-1/4 0/8-1/4 Food Machinery Corp.

231

Union Carbide & Carbon

Hukuang Rly. 5%, 1911. 221

Dunlop Rubber Dame Gen Electric (England) 75/7} Guinness (A) Bon & Co. 99/6. Hawker Siddeley Aira... 28/71 Bristol Aeroplane

20/7 Imperial Chemical Ind. 27/71. Imperial Tobacco

25

December

125

March

15.68/83

15.66/60

15.63/63

15.68 N

The First Notice Day for cotton is April 25 and the fast Day is May 18.

May Beptember

NEW YORK

15.85/65

15.68/48

15.68/69

8.69 N

unch

RUBBER

15.75/A

10 up

15.78/78.

10 up

15.78b/78a

09. UD

15.77 N

.09. up

72

Hukuang 'Rly, 5%, 1911:

Marks & Sp'cer. "A" ord.. 55/6

May

June

0/8-15764 0/8-13/64 Gen. American Trans.." 0/8-15/04 0/8-18, Gen. Mectric ...

43 +

Union Pacific ...........

291

(German" Issue)

20

Rolls Royce

100

35

United Aircraft

361

Gen. MotorE

417

United Airlines Trans.

Ling Tsing & U. Ha! Rly.

Leyland Motors

The First Notice Day for May rubber is April 27 and the last Day is May 1.

·85

98

15%

171

Tate & Lyle ...

U.S. Dollars

57/9

CHICA

WHEAT

Spot April

$16-1/16" $18-1/18

-16-1/18

Gen. Railway. Bignal Glidden Co. ... Goodrich (B.F.)

16

United Cora.

21

May June

+16-1/32

15-31/32

Goodrich $5 pí

Goodyear Tire & Co.

Great Northern Iron Ore ..

Great Northern Rty, pfd.

Great Western Sugar

Dollars, $16.

Greyhound Corpn.

Hecker Products"

92.41 57.0640 Bond

Claydong 'ILONI.

***** 16-1/16 16-1/39 15-31/32 Market:~Very quiet.

Merchant Rates

Shering, 0/8-1/23,

Silver Duty Rate

The Central Bank of China's Homestake Mining

rate on tandon at in a.m. to-day industrial Rayon

was 1/2-1/3d, michanged from International Harvester Saturday.

The Equaliastion rate was 5 per

cent

Messrs. Edgar Allen and Com

Limited Imperial Steal

·pany. Works, Shetaeld, 9, are installing a new klin Messrs Mason's Cement Works,

DOW JONES AVERAGE:

15485 191.44 30 Industrials

343 34.14 10" Rulle

26.62 2171 Ualitsen

Apr. 16, 189.

Shitro Apr. 14 High Low Clone

186.20 130,19 197.06 19981-341' up

25.08 20.31 36.41BL 222018 22.30 22.15 21.50

87.58

40.91

49.13 46.59 11: Commodity Index 47.09

17-

United Corpn. $3 cum. pl.

32.

S'hat-N'king Rly. 5%

25

Turner & Newall

74/41

May

691/691001/691

689/688

101

United Gas Corpn.

2

Tentain-Pukow Rly. 5%

(Brit. Btpd.).

United Steel

22/0

July

681/081

681/681

87#/871

171

Smethwick Drop Forg... 15/9

United Gas Improvement 117

September

681/631

68/681

241

U.8. Rubber

201

-13

U.S. Rabber 3 pid.

95

191

US..Steel

491

251

Vanadium sér...

183

Tientsin-Pukow Bly. 6% (German Stpd.)........ Tientsin-Pakow Rly. 5%

(Brit, Stpd. SuplLoan) 17 Tientsin-Pukow Rly. 5%A

Armstrong Stevens, ord, - 7/6

171

Friday's Sales:-5,917,000 bushels.

Pressed 8teel," com.

15/6

Vickers, ord. ............

20/11

CHICAGO CORN

Woolworths

58

May

Anglo-Dutch

23/3

177

Warner Bros. "Pict.

DL

Westinghouse Mec.

1024

621

Woodward Iron Cos

17

21

561

Chase National Bank National City Bank.

301* 2314

(Ger. Stpd. Supl Loan) 17 Jap. 5% Bier. Loan, 1907 35 Jap. 6% Bter. Loan, 1924 42 Ger, 7% Intl, Loan, 1924 33) Chartered Bank

July.

497/50

497/50

4917491

Rub. Plant. Invest. Trust

24/8

September

501/501

504/51

50/501

Burma Corporation

8/11

WINNIPEG" WHEAT

Commonwealth Mining.. 1

Maraman Investments.

13/3

May

61/618

002/51

601/601

72

Randfontein Estates,

34/4X

July

..... 62/621

611/82

618/01/

KK, & Shat Bank Lán.

Western Holdings

7/48

September

631/431

021/621

bid

Reg.)

1939

Hiab Low Dow Jones Averages,

HK. & 8hat Bank (Col.

Beg)

Sub-Nigel

210

Tanami Gold Mining..

34.

82)

June

Anglo-Iranian

76/3

Chinese Tag & Mining

(bearer)....

16/5

Burmah

7577

Septeraber

9.65/87 10.05/01

Shell Trans

Chosen Corporation

.68 up Pekin Byndierte

79(41

台

18 of

Bhai Cloc, Constr. Co.

Business Done: 800,000 shiron ta

S'hat Waterworks

September

NEW YORK HIDES: (New Contracts). -

NY Silver, Omicial 42-3/41 NY-London Cross Rate 4.88-1/18

NEW YORK STRAITS TIN

$46.00 K

9.75b/80a 10.08b/10a 10.15/1710.47/49

46.105/70246.45 -