STOCKS
Adama Expresä
at
Alleghany Steel Co...... Allied Stores
Allis Chalmers ........................
Amerada Corps.
Amer. Can
Amer. & Foreign Power
reported.
Amer. Suger B'ing Amer. Tel & Tel.
14
Amer. Tobacco “B” Amer. Waterworks Anaconda Copper Atchison, T. & S. Fe. Auburn Motors...
Barber Asphalt Co
Barnsdall Of
Bendix Aviation
Bethlehem Steel
Bliss & Co.
Borg-Warner
Eagle Picher Lead
Eaton Mfg. Co..
Elec. Autolite
Elec.. Bond & Share
ri
:
Market Report
FROM ROZA BROS
* Silver prices rose "3/18 yester-
day for both deliverles, the quota- lons being 19.5/8 for Ready and 10 7/16 for Forward. Silver ad- vices reported Speculators as having sold. *There was some Indian demand. Buyers were satisfied. The market was steady.. American Silver was quoted at 42 3/4 for Spot.
The London/New York cross -rate was quoted at 468.12. New York London Was quoted 468.1/8.
Market
Steady but dull,"
||
Sterling
No businessPAR
Market Comment -Quiet,
NEW YORK STOCK EXCHANGE
There
were sellers at
1/2.13/16 American Gas & EISC. June/August, 1/2.25/32 Septem- Amer. Locomotive ber/October and 1/2.3/4 Novem Amer. Metals Co. ber/December, buyers at 1/2.27/32 | Amer. Radiator....... Cash, "1/213/16 September and Amer. Rolling Mill. probably 1/2.25/32 December.
U.S. Dollars
were
Quiet. There
sellers 28 7/8 June/July, 28 13/16 August, buyers at 28 15/16 Cash "and 23 7/8 August
Shanghai Dollars
Seilers at 217.1/2. buyers prob- Baltimore & Ohlo
ably at 218 for 'casb...
Shanghai Market
Sellers of Sterling at 6.25/32
for June. US$ seliers at 13.7/32
for June.
Afternoon Market market was quiet
The afternoon..
Sterling
No business was reported, anishing with sellers at 1/2.13/16 June/August, 1/2.25/32 Septem- ber/October and 1/2.3/4 Novem- ber/December, buyers at 1/2.27/32 Cash, 1/2.13/18 September and probably 1/2.25/32 December.
U.S. Dollars
Boeing Airplane Co......
Biggs _M'facturing
QUOTATION
the Brooklyn-M'battan Trans. 12)
B'klyn-M'hattan $6 cum pf. 41 Canadian Pacific Eway.... 4* Case, JI. Celanese Chesapeake & Ohio... Chrysler Corpn. Columbia Gas & El. Columbia 8% "A" pl..... 841 Commercial '....................... Commonwealth & 8. (ord.). C'wealth & 8. 6%, cum pf. Consolidated Edison Consolidated onl Continental Can Continental Oil Corn Products ..... Curtiss Wright (C.). Curtiss Wright "A"
·Deere & Co.
The market closed with sellers at 28-7/8 June/first half August, buyers at 28 15/16 Cash and 28 7/8 August.
Shanghai Dollars
Sellers at 217, buyers at 218
Shanghai Market
Unchanged, steady.
Shanghai Exchange
Shanghai, June 3 (Reuter)
Official T.T., Bates:
ts
***** 251
191
Distillers Corpn. Seagrams 173 Douglas Aircraft manw=881 Du Pont de Nemours „
Sperry
*09
Last Sale
JUNE 25, 1939 STOCKS
June 24
FAGE 12-HUNGKONG DAILY
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
June 26, 1939
On London:-
Telegraphic Transfer. 1/2 11/18 Bank Bills, on demand/2 11/16 Credits 4 months' sight 1/8 15/16 On Shanghai:
On demand “
On Singapore:-
On demand
On Japan:-
On demand"
On India:-
and demand
Telegraphic Transfer
On New York:-
H. K. STOCK EXCHANGE
With no market news from Lori- don and New York only a shade easter, this market opened quietly: Buyers and Sellers being 'unable to get together up to noon when the Exchange was closed, in memory of the late Mr. Geo, P. Lammert, a former member of the Exchange. RUYKRA
HK. Bank, $1325,
Raubs, $8.40,
HK, Lands, $35.
218
Providents, $4.65
69 3/8
H& S. Hotels, $54.
104 3/4
JBL 7/8
Bank Bills, on demand 28 5/8 Credits, 60 days' sight 89 1/8
Un Batavia-
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Tranmetod on Monday, June 26, 1939,
Lands Lands
Watsons Underwriters
STOCK EXCHANGEM
Buyer Ballers Bilan Houston)
500 $95.50
0100
35.25
2
$1896
"
4
$1335
1,000
8.473.
£80
200 1.35
£100,000 DAIRY FOR MANCHESTER
H.K. Lands, 4% Debentures par. | Manchester's ELK. Tramways; $16). Star Ferries, $36.
China Lights (0), $8,20. HK, Electrics, $55. Canton Ices, $1. Watsons. $8.40. Wing On (HK), $41. HK. Govt; 4% Loan 4%p.m.
SELLEKS
Canton Ins; $230. Union Its; $4371.
H.K. Fires Ing; $185.
H. & S. Hotels, $5.70. HK, Lands. $354.
SALES
China Underwriters, $1.35,
дет
The latest concern to be attract - ed by the facilities provided by suburb at Wythenshawe, where many light Industrials have been established amido rural surroundings, proposes to build a dairy at a cost of about
£100,000.
The dairy will be capable of of dealing with 3.600 gallons pasteurised bottled milk per hour, which
be may
extended to 5,400 gallons an hour to keep pace with further trade increases
PHILIPPINE GOLD, MINING
QUOTATIONS
FINANCE
HONGKONG SHARE QUOTATIONS
#IF
$130 #457]
$195
ווי
BRABZEROTURN ARNOOLAT ON
MONDAY 20.“
JUNE
Hanks
H.E. Baaksien Do. (Cal Reg.) Do. (Lan. Beg.) Chartered Banke ...... 825 Marcantile, Bka. ***** £12 Martile Bka. "Q" $80
Bank of East Asia ... N. C. & B. Banks
Insurances
Canton Insurances Union InsuraDOSE - $1.45 | Undarwriters
B.X. Fires
Shipping
M
Bayern Dollars
$1830
241 9
*UR B
283 £30
£7}
£18
$60
On demand
63 3/4
On Paris:-
Bank Bills, on demand 1080
Credits 4 months' sight 1122
On Saigon -----
On demand
107 3/4
On Manila: ---
On demand
37 1/8
H.K. Tramways, $181.
On Bangkok :----
On demand
151 1/4
Sterling Notes:-
H.K, Lands, $351.
Antamoks
Bank Buying Rate...
1/2 7/8
Benguet Consol.
Bar Silver per 00.
10 5/8
QUOTATIONS-
Batong Buhay.
Batong Buhay
.012
Big Wedge
Benguet Consolidated
10.60
Coco Grove
Big Wedge
"21
Mindanao
Coco Grove
31
Itogona
Itogon Mining
24
Masbates Consol
11
Masbate Consolidated ... 11
Paracales Gumaus
22
San Mauricio......
94
San Mauricio
93
Surigao Consolidated
201
Surigao Consol,
ឥ៩៩៩ដុម្ពីឧត្ត
+6
$3.40
Centavas
21 10.60
015
$51 $5.70
9357
par
1
201
United Paracale
421-
PHILIPPINE GOLD MINING-
Do. (now).
108 Shanghal Docks 8.
Mining
17/9 Kailang
Raubs
84
Steamboats
Indo-Chines (Prof.)
$87
Douglass " option for DCB
$13
$80
83/9
Indo-Chinas (Def.).... Shall
$8.10 Waterbosta .........................
Docks, Wharves, Godowns, etc.
$110 HK. & K- WharvOE
Providents
北
Providente (new)
$8.10
#4.70
$18.20 HK. & F. Dooks... #17 418
18.30 New Engineerings 8.
Venesuela Gold Fids #2.00 X.D.
4 ota.
Hong Kong Midde
Lands, Hotels and·
Buildings
(HL.K. Hotala
5.70
H.K. Lands
Do. 4% Debates
39.30 Shanghai Landa 8.
$480 H.K. Realties
88 Humphrey....
$100
Chinese Estates
Cotton Mills
$18.60 (8.)
128'hai Cotions (8.) ...
$41
Zoong Sings (8.)
$481 Wing On Textiles (8.)
Public Utilities.
Tramwaja
$7.40 Peak Trams (old) ....
83.70 Peak Trazo (new)
{Star Farries
$29) ['mati Ferrine
........... | $35
$38
$351
+
$1.80
84.40
$4,65
$4.70
***
$16 $162
$86
$16.66
17.40 93.70
$68
TUESDAY, JUNE 27, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
MARKET REVIEW
(FROMPAYNE & CO.)
COMMODITY
30 ats.
$995
$1.50
$440
$185
367
#15
PR
$50
130
83/9
SPOT
JUNE/SEPT.
*
0110
!!!
#108 78.30
17/9
New York, June 24, 1939.
SINGAPORE RUBBER
June 23 buyers sellers
28-1/4 28-1/2 28-3/8 28-3/8 28-1/2 28-3/4
June 24
change buyers sellers 28-5/8 28-7/8
up: 8/8 28-3/4 29
up 38 OCT/DEC
28-7/8 29-1/8 |
up 3/8 The market, opened 1/8 cent higher for "spöt,” 3/18 cent higher. for July/September and 1/4 cent higher for October/December de liveries as compared with Friday's closing rates.
Early in the session the market ruled firm. Substantial orders for immediate, and forward deliveries for trade and speculative accounts induced sellers to adopt a reserved attitude. Consequently it was dif- ficult to arrange business,
The better sentiment was caused by overnight cable-reports on the conclusion of an Anglo-American agreement to barter 600,000 bales of American Cotton for 80,000 tons of British Crude-Rubber. It WAS RISO... reported that the *required
would quantity probably be produced under a special quota release by the IR.R.. Committee, such Rubber to be stored as a war reserve for seven years and not to be sold to the trade, if no war would arise during this period. In this event it is believed in trade-circles that the barter' will ultimately prove to be a price-hardening factor.
The more optimistic outlook was also aided by reports of a fur- $18.50 ther fair increase in American Motorcar-production for the week end-
ing June 23rd.
8:10
$40
$45
Towards the close of the session, however, the higher price-level tended to attract speculative liquidation, resulting in a slight set- back of 1/8 cent for all deliveries.
Closing tone was quietly steady.
LONDON "RUBBER
Lust Sale
Do. (new)
June 24
16*
Int. Nickel
481
$15.801
China Lights (0) China Lights (New)
#5
81
Int. Tel & Tel.
61
China Lights 2.
434
Johns Manville
341
73+
65
H.K. Electrics........
3554
661
94
3. & Laughlin Steel $7 pid 43* Kennecott Copper
$18
Macno Electrios. *******
SPOT OCT.-DEC. JAN-MARCH
Frevious close To-day's close buyers sellers buyers sellera
8-1/4 8-5/18 8-3/B ..8-7/15 8-7/16 8-1/2
Change
Closed 1.
#
$13
Bandakan Lights
324
$23
Telephonse (ok)
Ameri & Foreign #7 pf.... ~ 191
| Libbey-Owens-Ford Olass 47
Lockheed Alreraft-26- Loew's Inc.
37.70 Telephones (new)
$7.30
20:0 Tractio
*22/.*
344
431*
23/0Tractions (pest.)
Manhattan Shirt Co.
18
12)
Industrials
[Martin, Glen L
310
33
34
Cald., Mag. (Ord.} 8.
$13
McKesson, Robbins
Cald., Macg. (Frof.) 8.
129
Cantón Ice
$1
131
Monsanto' Chemical
99
$14Cementa
$134
Amer. S'ting and Ring Co. 421"
Montgomery Ward
51+
Sat. Dairy Products
161
Nat. Distillers
162)
20
National Gypsum
331
844
111
National Load
94
204*
$1.35 Constructions
Nat. Power & Light
24
8
National Steel Corp.
271/
Nat." Supply Corpa.
2
71
$3.76 Hopes
Miscellaneous
$81 Dairy Farm (Old) ...
Dairy Farur (New)
$8.90 Ch. E'tainments.
Constructions (new)
17 Lane Crawforda
Nanyang Tobacco
$3,50
Market closed
$29).
$21
$8.90
(old) $1
871
NEW YORK COTTON
With initial prices slightly marked down, to-day's market display- ́ed an easy appearance and ruled somewhat irregularly throughout. However, a firming tendency was evinced towards the close, and prices recovered and stood at their best levels of the day. On the whole, fluctuations were confined to a narrow range. The subsidy question was a bolstering factor.
NEW YORK RUBBER
CHICAGO WHEAT
The market advanced slightly at the opening, but subsequently ‚ declined an' liquidation and profit-taking infusïced by the weak corn
market. Some small losses were noted
New York Central........
47
141
$1.80. Sincares
$1.98
Niagara Hudson Power
881
Watsons
$8.40
127'
61
42
Ch. G.5% 19260 $Bds.
49%
New York Stocks
Previous
To-day's
close
137.42
close 137.36
off
Change .08
'N. American Aviation.
131
151
H.E. Gort. 4% Loans
$104
pin
North American Co.
1234
22
1387
H.K. Gort. 3% Losa
$100
Northern Pacific
581
B+
$41
H.K. Wing On .....
મા
Pactic Gas & Elec......
S'hai Wing On
91*
31
Pacific Lighting
21
471
Packard Motors
227*
31
Paramount Pictures
14/3
4/0
31
,20
[Pennsylvania RR.
17+
Phelps-Dodge
341
Phillips Fetroleum
Public Service of NJ.
38
Pullman Inc.
Vibro Piling
Maramaze Lay. (HK)
Wm. Powalla
*Bales to Shanghai
LONDON STOCK
EXCHANGE
$8
Marsmaze Inv. (Loa.)
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson &' Frits 'and
5. E. Levy & Company)
Prev. To-day's
23
264
Pure O....
324
· Radio Corpn. of Am.
(REUTER'S SERVICE)
70% 61
61
Republic Steel
151
Reynold Tobac, “B”
39
Richfeld Ol
73
Safeway Stores
1-
·414·
Schenley Distillers
641
124
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirma- tion and no responsiblitty is assumed for errors in transmission..
£
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Corn, July Winnipeg Whest, July' New York Hides, September
High
9.48 9,43
Low
Close Close Change
London, June 23.
701
481
591.
9.47 9.46 01 of 16.29
691 692" 697 unch. 471481 471 13 off 59 581 ± off
dlased
$
301
Schenley, 51% pid.
Bears Roebuck
77
761
39+
Seversky Aircraft
3+
221*
651
Shell- Union-Oil Socony-Vacuum Oli Bouthern Pacific
111
121
Southern Rly $5 pið.
22
War Loan, 31% (Red
after 1952) Canton-Kloon Rly..5% 15 Chinese:41% Gald Losn... 1898 (Brit. Issue)...... Chinese 5% Gold Bonds,
1925-47.....
50
Union Insurance Gula Kalumpong Rubber 18/1 Allied Ironfounders ...... 18/3 Asso, & Elec.. Industries. 38/104 July Austin Motors, ord. ...... Cable & Wireless New
Form, ord.
26-7/8"
.... 11,37 11.29
NEW YORK COTTON
Close..
9.47/47/70
11.30 11.32 .02 up
30
October
=-8,80/81———
Opening 9.46/48 -8.75/78
Closing
Change
9.46/48
01 of
-8-77/78-
03: off
December
8.55/65
8.50/50
8.55/55
tinch.
494
January
8,44 N
8.42/42
8.45 N
.01 up
42
Chin. 4% Anglo-French
B.-A. Toh. (bearer).
98/104
March
8.30/369
8.38/35
8.35/36
unch.
Standard Brands Stand Gas & Elec,
61
Loan, 1908
44
Cammell Laird, ord
7/3
May..
8.29/29
8:29/29
8.28/29
urich:
21*.
Chinese : 5%. Crisp Loan,
Mexican Eagle...
--8/11-----
Spot...
9,97-3
1494
Standard Oil of California
954
1912
Courtaulds
ต
Standard Of of NJ.
421
Chinese 5% Reora. Loan.
Distillers
23i
Stone & Webster
111
1913 (Lan. Ka,}
Dunlop Rubber
31
Swift International
26
Chinese 5% Ster: Notes,
71
Technicolor :
154*
1925 (Vickers)
Mec. Bond, & Share $5 pt. -------
Texas Corpn.
384
Chin. Imperial Rly. 5%
London
New York
Japan
Paris
Hongkong
0/6-1/2
Elec. Bond & Share $5 pf.
643*
Taxes: Gulty Bulphur
281
Loan
50
12-5/8
Elec. Power & Light $7 DI.
281
| Trans-America Co.
Hofan Rly. 5%
15
***
48.
Flintkoter
204
20th Cent. FOX, "...........................mme
191
Huruang Ely, 5%, 1911...
5.48
Food Machinery Corp.
30%
20th Cent. Fax. $14 pt. ........
30
Hukuang Rly, 6% 1911
38
Gen. American Trans. Pe
40+*
Union Carbide & Carbon
781
(German) Issue)
Gen. Electric ...
341
Union Pacing
96
Open Market-Selling Rates
Gen Motors ...
441
United Aircraft.
364
Lung Tsing & U. Hai Rly.
5%..........
15
Sterling
Opening
Closing
Spot
Sellers 0/0-25/32 0/0-25/32
Gen. Railway Signal ........ 17 General Tire & Rubber Có,221) Glidden Co. Goodrich (B.F.)
United Airlines Trans
A
United Corp., A
21
· 171*-
United Corpn. #3 cum, pf.
17
United Gas Corpn.
June
0/8-25/32 0/6-25/32
Goodrich $5 pr..........
United Gas Improvement 13
July
0/6-15/32 0/6-15/32
Goodyear Tire & Co.
28-
08. Rubber
U.S._Dollars.
Great Northern Iron Ore
14
UB. Rubber $8 pfd. M.
109
Spot
$13-1/4 / $13-6/32.
"Great Northern Rly píd
MjUS Steel
471
June
13-7/32
13-1/4
Great Western Sugar
Vanadium
"20"
July
12-19/32
12-5/8
Greyhound Corpn." ...
18
Warner Br
Bros. Pict.....
#
Shal-Niding Rly. 5% 18 Tientsin-Pakow Rly 5%
.....· 12
(Brit. Stpd.) Tientain-Pukow Rły. 5%..
(German Atpd.) Tientsin-Pukos.Rly. 5%.
(Brit stpå Süpl, Loan) 12. Tientsin-Pukow Rly. 5% ---(Ger, Stpd. 8upl, Loan) 12 Jap. 5% Bier. Loan, 1907 331 Jap, 6% Ster. Loan, 1924, 401
Hecker. Products
111
Westinghouse : Met,,
981
Market: Qulet but steady.
Homestake. Mining
24
Sterling, 0/6-11/16.
58
Merchant. Rates
US Dollars, $13.
Silver Duty Rate
The Central Bank of China's rate on London at 10a.m. to-day 2-1/24, unchanged from
vesterdac??
The Equalisation rate was 24 Der Centra
Industrial Rayon International Harvester
1930
*bid. flex. div.
DOW JONES AVERAGE
High Low Dow Jones Averages, 154.85 121.44-80 | Industriale 134.33 24.14200 Rails
25.52 20.71% 10. Utilities 40. Bondag
June 23, High Low Close Change -137.49 137.57 137.18 137,38,4508 off. 27.7627.49 27.76 27,76 01 up 2410 * 24.07. 24.02 24.05 05 aff. Shai Lee Constr. Co.
89.49 07 up what Waterworks ****
61.09 45.59 11ommodity Index 49.56
Busina Dona-180,000 shares
64
Woodward Iron Cor.
Ger. 7% Intl. Loán, 1924 35) Chartered Bank ........... 74
འི ༔ སྐུ གྲུབ ས་སྐྱ་ཐ ཚོ
13)
18.
The first notice 84/44 notice day July 14, 27/6 Gen. Electric (England) 75/7" Guinness (A) Son & Co. 107 Hawker Siddeley Airc....17/9 Bristol Aeroplane ...... 20 Imperial Chemical Ind. 30/3 Imperial Tobacco
128/9 Marks & Spicer "A" ord. 57/41
25/104
day for July Cotton is June: 27 and the last
July
September
NEW YORK RUBBER
16.29/29
16:36b/398"
CLOSED
December March
18
Rolls Royce
105
Leyland Motors
89/4
Tate & Lyle
62/43
Turner & Newall
July
77/6
-18.390/428
18.46/45
The first notice day for July Rubber is June 29 and the last notice day July 27.
CHICAGO WHEAT,
601/697 704/701 691/001
United Steel
Smethwick Drop Forg... 15/6.
September December
../../70/702
72/721
702/71
701/701
711/711
Chase Nasonal Bank
National City Bank
HK. & Shal Bank (Lan, 25
Reg) HK. & 8'hal Bank (Col
Reg)******
80
Armstrong Stevens, ord. 6/6 Pressed Steel.com..
17/3 Vickers, prd
18/7+ Woolw.......... 62,41 Anglo-Dutch 24/3 Rub-Flant Invest. Tryst 2770 Barma Corporation 8/3 Commonwealth Mining.. 1 Maraman Investments. Randfontein Estates ... Western Holdings ... 12/3 Sub-Nigel .................. Tanami Gold Mining...
Friday's sales-17,856,000 bushels.
CHICAGO COEN
July September December
484/480
(50/50
48/484 -492/50
478/47
49/40
50/501
491/491
WINNIPEG WHEAT
July 14/3
October 3771)
December
50580 598/587#
581/581
592/60 811/811
601/6011
691/591
614/618
212/6
NEW YORK HIDES
÷414.
82
Anglo-Iranian
June 25, 1939,
Chinese Eng, & Mining
(bearer)
Burman
73/1 ~~~71-/-104-
September December
11.28/30 11.29/29 11.55/60
11.32/32
11.60/80
17/0
Shell Trans. #Trad.
Chosen Corporation Pekin Syndicate
1/9*:
(beater)
83/9
Nominal
22/8*
NY Bilver, Omela) ............/42-3/4 | NY-London" Cross Rate 4.88-1/8:
September
NEW YORK STRAITS TIN
48505/95a
11.50b/82 unquoted 4.58-1/8
202
Closed
-
No comments yet.
Private notes are available after approval.