1939-06-21 — Page 13

Alleghang Stool Co. Alled Stores

Market Report

FROM ROZA BROS

Silver prices dropped 1/16 yès- terday for both deliveries, the quotations being 19.5/8 for Ready and 19.3/8 for Forward. Silver reported speculators ая advices having operated both ways. India. sold to a small extent. The mar ket closed quiet but easy with sellers at 1/16 under the quoted rate, American Silver was quoted at 42 3/4 for Spot.

The London New York cross-rate was quoted at 488.25. New York/ London was quoted at 468.5/18.

Market

Ket al.

NEW YORK STOCK EXCHANGE

STOCKS

Adarna, Express.

PAGE 12-HUNGKONG DAILY PRESS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS |Shanghai Exchange

On London:-

June 20, 1939.......

Telegraphic Transfer. 1/3 11/18 Bank Bilis, on demand/2; 11/16 Credits 4 months' sight. 1/2 16/18 On Shanghai:--:

On demand. On Singapore:~~

On demand

On Japan:-

ཚུ 8.Ë ིི ིི ཏྱཾ

On New York:-

On Batavia:-

998

SILVER MARKET

· LONDON "

HONGKONG SHARE QUOTATIONS

London, June 19 (Reuter), Silver Speculators bought and are Ballers Indian Re-selling. Shanghal, June 20 (Reuter), sold. Little Very steady exchange conditions Support small. Market quiet, are prevailing. There are very the afternoon, the Market was good sellers for June and July easy, with sellers at 1/16 and while the cash dollar is listed at buyers 1/8 under the fixed rate. $12-11/16 There are more "sellers than buyers.

Chinese banks have taken the lead in selling July and at present 52 7/16 there are sellers, in the market at 61d. and U.S.$12-13/16 for July de- 104 3/4 livery.

Official TT. Rates

Spot, 19-3/8d.

Forward, 19-3/8d.

k

NEW YORK SILVER

New York, June 19 (Reuter). Omcial Price, 42-3/4.

BOMBAY SILVER

Bombay, June 19 (Reuter).

Market Quiet but steady.

WAHAREBRO Gina TOE DAY 20.4

JUNE.

In

$1,335

$1340

* Do. (Coly Bag.):

On demand On India:-

Telegraphic Transfer, and demand

81-7/3

London New York

0/8-1/2 12-5/8"

Bank Bills, on demand 28 5/8 Credits," 60 days' sight 19 1/8

Japan

Paris

Hongkong

5.48 30

Offtake, 40 bars. Arora Indian Mint Silvórð

On demand

63 3/4

On Paris:

Open Market--Selling Bates "Sterling

Ready July 12 Settlement

51-07

51-07

Aug. 11 Settlement

51-04

Bank Bills, on demand 1,080

Credits 4 months' sight 1172.

On Saigon —

On demand

107 1/9

· Spot

On Manila:----

June

On demand

37 1/2

July

On Bangkok.—

On demand

151 1/4

Sterling Notes:-

Spot"

Bank Buying Rate

1/3 7/8

June

Bar Silver per da

"578"

“July

Opening Closing

Bellers

+

0/6-1/2 0/8-1/2 0/6-27/84 0/6-27/84 0/6-7/32" 9/6-7/32

U.S. Dollars

$12-21/32 $12-21/32 --

17-21/32

12-21/32

121812-1/8

Market: Quiet but steady.

Silver Duty Rate

作

The Central Bank of China's rate on Landon at 10 am. to-day. was 1/2-1/2d, unchanged from yesterday.

****

·6930

34.60

H.K. Banks Audioverte

Do, (Loa, Bos.), Chartered Banks

£953 Marcantile Bki. "A" Marcantile BE “O”

13

$90

Bank of East An

[N__G}\\&B Banks

* Insurances

Canton Insurances su Uniba. IngaPRDONS $1.45 †Undarwribarn $185 H.K.Fires W......

ja vocShipping

Donglass: ER

Indo-Chines

967

136

Steamboats

160

830

83/9

Shaila

(Prel.)

Indo-Chinas (Def.)...

$8.10 Waterbqate

Docks, Wharves,

Godowns, etc; ?

$110 HE. & K. Wharyos

Providente

$4.60/ 85...

Providenta "{new)

$18.20 H.E. di Wa Dogkang

Do. (now

8108 Bhanghal Docks 8. $8.30 New Enginerings 8.

Mining ***

The Equalisation rate was 24 per cerit.

18/6 Kailana

$3.30

*84

New York Exchange-

Venezuela Gold Fidi Hong Kung-Minan==vre- ¡Lands, Hotels and

Merchant Rates

Sterling US. Dollars

0/6-1/2 $12-5/8

New York, June 19 (Reuter). TI. on London (Opening Rate). 4.88-3/16.

$5.70

#361

$38

VARSOCIATION

Buyers Bollaku Balan - Komina

1

*$1545

具紳士

*****

f 1

MILLA!

WEDNESDAYUNE 21 1939

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

4ta

COMMODITY MARKET REVIEW

281

£80

*£7}

£13

$80

(60 ota.

#995

$1.48

$480

$185

It

867

$15

850

620

83/9

SPOT

JULY-SEPT.

110

OCT.-DEC.

$4.60

(FROM PAYNE & CO.)

New York, June 19, 1939.

SINGAPORE RUDBER

June 17% buyers sellers

28

28-1/4

28-1/8-28-3/8

28-1/4

June 19 buyers sellers

chan

28-1/8 23-5/8 up 1 28-1/4-28-1/2

28-1/2 28-3/628-5/8

The market opened with prices unchanged for all deliveries 18.10 compared with Saturday's closing quotations,

Early in the session the market was stagnant due to the fa that the London and New York Rubber Exchange were closed d Saturday last as customary during the summer months.

Доц.

DF

TRACKER C

QUOTATION

****

$16.30

Last Sale June 19

› JUNE 20, 1939 STOCKS

Last Sale

Jane 19

frit. Nickel ....

481

161

Int. Tel & Tel

19

Johns Manville PANAM.........A

-73

Allis Chalmers

342...

Quiet.

J & Lầughlin Steel $7 pfd.

41*

1.

Sterling

Améräda Corps.

Kennsett Copper

32+

$55

Amer. Can

..........

911

Libbey-Owens-Ford "Glass .451

The market opened with sellers Amer. & Foreign Power at 1/2.25/32 for June resulting in Ameri & Forelin $7 p...

210

Lockheed Aircraft

264

18

Loew's Inc. skrien

a small business at that rate for American Gas & Elec July followed later by transactions Amer. Locomotive ......

341

Manhattan Shirt Co.

171*

Martin, Glen L

321

at 1/2.13/16 for near and 1/2.25/32 Amer. Metals.Co.

2:9

McKesson, Robbins

Buildings

H.K. Hotala

H.K. Landa

$.60

MAMBA 936

$100 Do. 4% Debentures

Shanghai Lands 'B.

14.80 E.K. Realilee ............. $81 Humphreys `....... $100 Chinese Estates

Cotton Mills

$191 Ewo (8.)

#116 S'hal Cottons (8.) $43 Zoong Bings (8.) $48 Wing Ch Tartiles' (8.)

Public Utilities

Tramwaya

ch

$7:40 Peak Tramina (old) ........ $3.70 Peak Tramm (new) ... $864 Star Ferries

$22.70 Y'mati Ferries

Do. (new)

3 China Lights (0) #6.80 China Lights (New)

China Lighta Rta. B.K. Election

$18 Macao Electrica ........

Sandakan Lights $12 #23 Telephones (old) #7.70 Telephouse (new) 20/0 Trsations

92/6 Tractions,' (prof.)

Industrials

1

$16.86

999

#5.90

for August. The market closed at Amer: Radiator bi............................

114.

Monsanto Chemical

1 p.m. with sellers at 1/2.25/32 Amer: Rolling Mill June/July, 1/2.3/4. August/October Amer. Biting and Ring Co. and 1/2.29/32 November/December;}Amer, Sugar Ring buyers at 1/2.13/16 Cash, 1/2.25/32 Amer, Tel. & Tel. September and 1/2.3/4 December.

13

| Montgomery Ward

42)

Fat. Dairy Products

Canton Ice

Nati Divallera ka

161

National Gypsum

.

$3.70 Ropes

Miscellaneous ~

ket as being steady with sellers of

انند

U.S. Dollars

Some business was done at 28 7/8 for cash. The market closed at I p.m. with sellers at 28 13/16 June, probably July, 28.3/4 August, buyers at 28 7/8 Cash and 28 13/16 August.

Shanghai Dollars

Sellers at 227 for Spot.

Shangha, Market

Amer. Tobacco "B" Amer. Waterworks Anaconda Copper- Atchison, T. &9. Fe. Auburn Motors... Baltimore & Ohio

Barber Asphalt Co

Barnsdall Ol Bendix Aviation Bethlehem Steel...

Early advices Indicated the mar. Biggs M'facturing

Sterling at 6.1/2 for Spot, 6.13/32 Bklyn-M'hattan $8 cum pt. 38 June and 6.7/32 July. US Dollars Canadian Fadic R'way.

sellers at 12:11/18 for cash, 12.1/2 Case, JI.....

June and 12.7/32 July. Later ad- Celanese...........

vices indicated the market as being Chesapeake & Ohio much steadiler.

Afternoon Market

The market, was quiet in the afternoon.

Sterling

Chrysler Corpn.

A small business was done at Consolidated Oil 1/2.13/18 for hear delivery. The Continental Can market closed with sellers at 1/2. Continental Oil 25/32 June/July, 1/23/4 August/ Corn Products September and 1/2.23/92 October/ Curtiss Wright (C)) December, buyers at 1/2.13/16 Curtiss Wright- "A" Cash, 1/2.25/32 September and Deere & Co. 1/2.3/4 December.

U.S. Dollars

The market closed with sellers Eagle Picher Lead at.29 13/16 June," 28 3/4 -July Baton. Mfg. Co. “August and 28" 11/16 September, | Elec."Autolita –

buyers at 28 7/8 first half July, 18 Elec. Bond & Share 13/18 August and 23 3/4 Septem-Elec: Bond & Share $5 pl. ber.

Elec: Bond & Share $8 pt.

82

National Load

201

$22

Dairy Farm (Old).

94

Nat Power, &-Light

71

Sat

231

National Steel Corp.

601+

나

271

Nat. Supply Corpn.

New York Central............

141

174 Lace, Crawfords

-5

Niagara Hudson Power

61

121*

N. American Aviation

15

$1.80 incers....

134

North American Co: .........u

21

$6.60

23.

Northern Pacific

81

551

Pacific Gas & Elec.

32

TH

Bliss & Co. 17....

91.

Pacific Lighting

47

Boeing Airplane Co.

221

Packard Motors « ............ini

34

Borg-Warner

23)

Paramount Pictures

81

201

#81

14/9

Pennsylvania R.R.

172

Brooklyn-M'hattan Trans.,

11

Phelps-Dodge...

342

Dairy, Farin (New)

$4.80 Ch. E'tainmania' veisės

$1,55 Constructions (old) $1

Construction1. (DRW)

Nanyang Tobacco

Watsons

54f. Ch:95% lang Bải.

HE GOTS. 4% Loss

paz H.E Govt. Sf% Loan

H.K, Wing On.....

d'hat Wing Ou

Vibro Piling

Maramana Inv. (Lon.)

Maranians Iov. (H.K.).

Wm. Powell,

$14

$13.

Cald., Macg. (Ord:) 8. Gald., Macg. (Prof.) 8.

$1.10

$14

Camental up...................

813.30

$3.80

然

Boa

$21

$8:80

Following an easy opening prices receded further on continued reports of good weather, which brought about some new liquidation and hedging.

BA

$74

Previous To-day's

close

close

Change

$1.80

$0.65

New York Stocks

135.31

138.40

up 1.02

Author

Paid-U

Reserve

$104.

Profi

Hea

No 1

$103

18.30

18/6

$3

Subsequently, however, fair enquiries for "actuals," received fro consuming countries, induced some buying for forward deliveries & dealers who appeared to disregard the political tension in the F Gast. Whilst prices registered a slight advance-of-1/8-cent for all op tions, But speculative interest was negligible,

Amoy

Bangkok

Batavia

Bombay

Calcutta

Closing tone was quiet.

Cantón

18.

#361836.90

Chatoo

!!!

$3.40

1. Hjir .⠀⠀⠀

$20.80 $113.

#

$42

Cable-reports from New York disclosed the fact that there a #101|| excellent prospects for substantially increased consumption of Spons d Rubber by the Automobile Industry in the not too distant futuri $5.00

which is generally regarded as a very bullish factor.

LONDON RUBBER

Previous close To-day's close buyers

Calambo

Dairen

Foochow

Haiphon

Himbur

Hankow

Harbin

Hoogke

#48)

SPOT. OCT.-DEC.

8-9/16

...

JAN.-MARCH .....

sellers buyers 8-1/4 8-3/16 8-1/4 9-5/16 8-3/8 8-5/16 8-7/18 8-3/8 8-7/16 8-3/8 8-1/2

sellers Chang

Nailo

unch

QUERE

SLOCAL

Market steady.

recived

$3.70

$22.601

98

Rubber stocks held in the United Kingdom showed a decrease 902 tons for the week ending June 17, 1939.

NEW YORK COTTON

periods

quoted

Berna

$55

871

29/

In spite of an easy opening,, the undertone of the market wa strong, and with new speculative buying and "hear" covering progress, prices advanced from their lowest levels at the opening The strength of the "spots" and the firmness of the Bouthern mar ket were additional aiding factors. The volume was small and price movements were within a narrow range..

HO

The 1

NEW YORK- RUBBER -

Though conditions were quiet, the underlying trend of the mar ket had somewhat improved. An initial buoyancy was in evidence with a subsequent advance in prices. Some small gains were noted

CHICAGO WERAT

it cond

PORAT ́ed, on": For

N. Y. Commodity Market

Phillips Petroleum

35.

Bales

41

Public Service of N.J.

36F.

77

Pullman Inc.

261

19

Pure Of

74

327

Radio Corpn. of Am.

51

891

Republic "Steel..

15

Columbia Gas & El.

6k

Reynold Tobac. "B"

391

Columbia 6% "A" pt.

881

Richfield Oll

71

Commercial .......

452

Safeway Stores

241

Commonwealth & S. (ord.)

1

C'wealth & S. 6% cum pf. Consolidated Edison

81

Schenley Distillers

131

Schenley, 54% píd

311

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

The following quotations are the middle prices at the close of the market in London. All quotations are “ubject to confirms- tion and no responsibility is assumed for errors in temnemission. ›

London, June 19.-

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

(By Courtesy of Messrs. Swan, Culbertson & Frits and 8. E. Lovy & Company)

High

Low Close Close Chang 9.33 9.25 19.27 9.31 .04 #1 16.24 16.17 16.18 16.4 .06 up

71

Prev. To-day's

50

70117110 701 49) 50 491

11 03

1.00

601 601 607 601

11.13 11.03 11:01 11.05 .04 11

Beara Roebuck...

76

71:

37

Seversky Aircraft

31

Shell Union 01

11

231

84

Bocony-Vacuum Off

114

Southern Pacific.

122.

25

Bouthern Rly $5 pild.

211

19

Sperry

יזי

·417-

Distillers Corpn. Seagrams

18)

Standard Brands

61

War Loan, 3% (Red

after 1852) Canton-Kioon Rly. 6% Chinese 41% Gold Lean,

1898 (Brit. Issue)...... 55 Chinese 5% Gold Bonds,

1925-47

941

Union

Disurance

901 Onla Kalumpong Rubber 18/3 Allied Troufounders... 18/3 Asso Elec. Industries 39 Austin Motors, org. Cable & Wireless, New

Form, ord....

· NEW YORK COTTON.

July

9.27/27/

October

8:45/45

Close Opening Closing

9.25/2 8.43/43

Chang

$317

04

30/101

Decem

8.18/18

8.17/17

8.46/46 8.20/20

01 u

.02

8.06 N

8.05/05

*8.08

March

7.99/99

Stand Gas & Elec.

27

Chin. 41% Anglo-French

B.-A. Tob. (bearer)

98/104

Douglas Aircraft......

664

Standard Oll of California

28

Loan, 1908

Cammell Laird, ord.

May

7.92/92

7.98/97 7.81/91

8.00/00

7.95/95

Du Pont de Nemours

1477

Standard Oil of N.J.

$3

Chinese 5% Crisp Loan,

Merican Eagle

Spot

987 1

9.91, N

7/8

Stone & Webster

224*

Swift International

Chinese 5% Reorg Loan,

Courtaulds

Distillers

25

93/9

31

Technicolor

154

563

Texas Corpo.

3811

:-1913. (Ldn. I) 38 Omnese 5 Bur Notes,

Dunlop Rubber

27/6

Gan. Electric (En

75/31

851.

Texes Gulf Bulphur

281**

1925 (Vickers).

13

Guinness (A) Bör

Co. 107

Shanghai' Dollars

Elec Power & Light $7 pl.

25

||Trans-America Co.

51

Flintkote

20th Cent. Fox

191

Chin Imperial Rly! -5% VA

Loan

Hawker Siddelės

17/6

20th Cent, FixITZE DI.

Honau-Rly.--5% c

18

Bristol Eniberia

Total

Ind 30160

NEW YORK ROBBLE”)

17/18 1616/18

16.24/24 18,266/278, 16270/3085 16.33/34 13.20/200 16.32/32 18.38b/38%

· 16.35h/27 & 1838b/458- 16.11b/498

for the day:-700 tons ~

.06

8588

Shanghai Market

Rates were unchanged. Quiet,

London Exchange: 1,8/5

London, June 20 (BWB). Closing, mean rates were: Paris, 176–23/322/1) New York, 4.681.

Mentre, 48905/18/

Brussels, 27.547 Amsterdam, 881

Milan, 99, che

Berlin11.67.

Buerios Atres

Bomb Other Exter

Rapte: Paper

Food Machinery Corp.

Gen. American Trans, Gen Electric

452

Union Carbide & Carbon

Hukuang Bly, 5%, 1911.7

0129/41

Union Pacifs ...

Hukuang Rly 5%, 1911

ord. B

351

United Aircraft

351

(German Issue)

106/3

JJäly

Gen. Motors jääuodaut

United Arlines Trans,

100

Lung Tsing & U, Hál Rly,

88/9

Gen. Railway Bignal

17

General Tire & Rubber C3 221

United Corpn.

62/6

United Corpn. 3 sum

Rly. 5%...

$77/31

Gidden Co.....

ITH

Goodrich (BF)

United Gas Corpn.

$2879

178

United Css Im

15

Goodrich $6 pfe

Goodyear Tire & Co.;

UB. Rubber

6/6

(German

Great Northern Iron Ore

UB. Rubber $8 pid.

17/0

CHICAGO WHEAT

722/72

Saturday's

£55,000)

CHICAGO

81+/513

5%

Great Northern

US. Bee

18/7

Vanadin