STOCKS
Alleghany Steel Co.
Allied Stores
Allis Chalmers
Amerada. "Cotpa.
Amer. Can pobrze....
Amer, & Foralgia Power
Sterling
Ameri & Foreign $7 pf....
doing. There were sellers at 1/2.13/16 July, 1/2.25/32
American Gas & Elec.
"Market Report
FROM ROŻA BROS
The price for Ready Silver was quoted at 17.3/8 yesterday and the Forward rate at 17d. Silver ad- vices reported India as having bought to small extent and speculators as having sold. A small business was done. The market
was steady with business done at the quoted rate. American Silver was quoted at 39 3/4" for Spot
The London/New York cross- rate was quoted at 468.18. New York/London was quoted at 468
1/8.
Quiet
Nothing
Marker
I
NEW YORK STOCK EXCHANGE
Adams Express
QUOTATION
FAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
SILVER MARKET
LONDON SILVER
London, July 8 (Reuter), Silver-Prices fell in Bympathy with Bombay, together with small
CLOSING QUOTATIONS speculative selling India bought
TULY 8, 1939
On London:-
Telegraphic Transfer. 1/9 33/42 Bank Büls, on demand) 21/39 Credits 4 months' sight 1.2 31/32 “On Rhanghai:-*,
On demand
On Bingapore:-
at the decline. Market quietly steady.
Spot, 16-7/82.
Forward, 18-5/8d.
} NEW YORK SILVER
New York, July 8 (Reuter), Official Price, unquoted.
BOMBAY SILVER.. Bombay, July 8 (Reuter),
Offtake 200 bars. Indian Mint Silver
LONDON METALS
EXCHANGE
London July ☎ (Reuter).
3
STOCK KICHANGE
Bayar Baldura.
Balm
SATURDAY 8.
.COPPER
Standard, Cash 43 · Standard,
buyers sellers
$ 43-1/8
$1330
ΣΤΟ
3 months 43-3/8 Electrolytic 49 TIN
43-7/16 40-1/2
Standard, Caŝh 229-7/8 230 Standard,
3 months 224-1/2-224-3/4)
Foreign,
218
On demand
68 1/4
On Japan:-
Market-Easy.
On demand
105
On India:-
Telegraphic Transfer,
Ready
and demand
32 1/9
Aug. 11 Settlement
45-15 45-12
Un New York:-
Sept. 9 Settlement...... 45-10
Ordinary,
Bank Bills, on demand 98 11/16 Credits, 60 days' sight 29 3/16
Un Batavia-
On demand.
On Paris:-
Bank Bulls, on demand 1983 Credits 4 months' sight 1175
Un Saigon →→
On demand,
On Manila;-
On demand
On Bangkok-—
On demand
LONDON BULLION
SHIPMENT
London, July 7 (Reuter); The F. & O. liner Strathnaver carries specie valued at £160,000, including
108
9uver?
37 "
Bombay, £159,600. Tripoli, £400.
**** 151 1/8
}
Sterling Notes:
Bank Buying Rate
Bar Silver per 0
1/999/32 India Rupee Paper 17 3/8
Bombay, July 8 (Reuter). Govt, 31% Rupee, 95-09-0.
LEAD
Official Price 14-13/18 14-7/8 Foreign, Official
3 months 14-15/16" 15 SPELTER
Oficial Price 14-3/16 14-1/4 Ordinary, Oficial →
3 months 14-3/8 14-7/18 Final Afternoon Transactions Tin, Standard, Cash, £229-7/8 value.
Tin, Standard, 3 months, £224- 5/8 seller.
JULY,
Banka
H.K. Banks
Do. (Col. Bag.) -
·Do. Loc. Beg.) 2765 Chartered Banks £35] Mercantile Bka. "A" £12" Mercantile Bka "0" 190
Bank of East Asia"...
N. C.& 8. Bankı ... Insurances
#930 Canton Inmaraboss
$425 Union Insurances
Las Underwriters
SBS R. Fires
Shipping
Dougin'
Indo-Chinna
887
$10
8taamboats
860
30
Shells
82/8
(Proc.).
Indo-Chinas (Dad.)...
38.10 Watarbosta
Docks, Wharvės,
Godowns, etc.
$1330
$108 H.E. & X. Wherres $107
Providenta
Providente (new)
$18.30 H.K. & W. Docka... Do.. new)*******
8108 Shanghai Docks .... 3830 |Now "Engineerings 8.
Mining
18/0 Kila
Vanezuela Gold Fida «f4
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKKEN ASSOCIATION
BuyMalare.
Baos Nomina.
£30
$191
£254
$13. $80
!!!
!!!
$4.60
Fi
$4.86
+
LONDON GOLD"
4:1:
$8.40 Rauba.............
$4
4 eta Hong Kong Mine
Lands, Hotels and
London, July å (Router), Bar Gold, Fine per oz., 148/8. Dollar Parity, 1/2d. premium.
Buildings
851
H.E. Hotels.
15.70
H.K. Lands
$354
par
Do. 4% Debentures "2
V
18!
14.30 H.K. Besition
818
JULY 9, 1939
$10
Lost Sale
$16.65/ .35 .. Tramways
July 8
STOCKS
Last Sale
7
July 8
Shanghai Lande
Humphreys......
$100 Chinese Estates
Cotton Mills Kwo (S.)
$116'hai Cotton (8.)
$43 Zong Bings (8.) $481Wing On Textiles (8.)
Pabile Utilities
$7 40 Peak Trama (old)
$65 Star. Farring
$4,80
$8.40
SPOT
$18.80
14001:01
***
!!!!!
1990
#13
$495
$155
367
816
850
$20
62/6 $8
50 cts.
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, July. 8 1939.
SINGAPORE RUBBER
$108
$480
#171
$108
SPOT
OCT.-DEC.
JAN-MAR.
8.30
18/0
28-3/8 28-6/8 28-1/2 28-3/4
July 8 buyers sellers 28-1/8-28-3/8 28-3/8 38-5/8 28-7/16 28-9/16′′ off 1/16
change
of 1/8 anch.
The market opened with prices unchanged for all deliveries as .compared with Friday's closing quotations,
The market was quiet and inactive owing to the fact that the Rubber Exchanges in London and New York will remain closed to- day (Saturday).
However, better demand from New York was in evidence.
LONDON RUBBER
Previous close
To-day's close
buyers sellers buyers sellers change
8-3/10 8-1/4
MONDAY, JULY 10, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
July 7 buyers sellers 28-1/4 28-1/2
*ነ
$110
OCT-DEC.
$40
JAN MAR.
8-5/16 8-3/8 8-3/8
CLOSED
8-7/18
$45
Market closed.
$16.55
17.40
$3.70 Peak Traza (Dew) ...
-73.70
141
Int. Nickel
451
$22
'mat Ferries
865 29
81
Int. Tel. & Tel
6 *
Do. (new)
33
Johns Manville
69
18$
Chins Lights (0)
$8,90
J. & Laughlin Steel $7 pfd. 38 *
95 *
Kennecott Copper
324
$54
21
Libbey-Owens-Ford
$54+
Glass
45
$18
183*
Lockheed Aircraft ....
25+
$18
351
Loew's Inc..
411
Amer. Locomotive ".....
16.
Manhattan Shirt Co.
August/September and 1/2.3/4 Amer. Metals Co. October/November, buyers at 1/2-amer. Radiator 77/32 Cash 1/2.13/16 September Amer. Rolling Mill and 1/2.25/32 November.
.U.S. Dollars
quiet. There were sellers at 28 7/8 July, 28 13/16 August and 28 3/4 September, buyers at 28 15/16 Cash 28 7/8 August and 28 19/18 September:
"
Shanghai Dollars Opened with sellers at 225. Towards the close there were prob able sellers at 228 1/2 for Spot.
Shanghay Market
Sterling 6,9/16 sellers for Spot and U. S. Dollars, 12.25/32 sellers for Spot. Quiet,
Shanghai Exchange
Shanghai, July 8 (Reuter)
Official T.T. Rates
a.
Boeing Airplane Co.
30
Martin, Glen L
321*
46.80 China Lights New)
H.K Electric
Macao Blacurios
Baadakan Lights
$29 Telephones (old) 37.70 Telephones (new)
18 6 Tractions
$5,90
Chion Lights Rt.
3544
NEW YORK COTTON
The market ruled steady at the beginning, but reacted probably on profit-taking. Traders preferred not to enter any new commit ments over the week-end and the market is at present digesting the latest crop news. Lack of buying interests in the market led to a lower adjustment of prices,
NEW YORK RÜBBER
Market closed.
$24
$7.30
22).
114
McKesson, Robbins ........
92/6 Tractiona" (pre)
141*
Industrials
133*
Monsanto Chemical
961
$14
Cald, Macg. (Ord.) 8.
Amer. S'ting' and R'ing Co. Amer. Sugar Ring .. Amer. Tel & Tel Amer. Tobacco "B" Amer. Waterworks Anaconda Copper
401
| Montgomery Ward
50
318
Cald., Macg (Fref.) 8.
CHICAGO WHEAT
Prices again moved lower in sympathy with the easiness of the Winnipeg market. In anticipation of a large Canadian crop, the, market is prevented from" improving, at present.
at Dairy Products
152
81
Canton Ices
$344
1611
Nat. Distillers. ........
$19.80
Cementa
251
#121
631
National Gypsum
10
8-*
National Load .......
201
Nat. Power & Light
241
National Steel Corp.
Atchison, T. & S. Fe.
257
55
Nat. Supply Corpn.
Auburn Motora...
14
New York Central
Baltimore & Ohio
43
131
03:7% Ropes
Miscellaneous
8913 Dairy Farm (Old) $20 Dairy Farin (New) $8.90 Ch. E'tainments 81.05 Constructions
(old) $1
Constructions (new)
$3,80
New York Stocks
#21)
Previous close
To-day's
close
Change
133.32
133.24 # up .02
$31
$4.90
Barber Asphalt Co Barnsdall Cl...... Bendix Aviation Bethlehem Steel Bliss & Co.
|Niagara Hudson Power
112
to
N. American Aviation ......
134
15
37 Lane Crawfords
Nanyang Tobaco .... $1.80 Sincares
84
$1.98
North American Co.
221"
........ 211
$8.10
Watsons
$8.15
Northern Pacific
521
71
Ch. 4.5% 1925G B.
44°19
Pacific Gas & Elec.
B**
301
Pacific Lighting
4Xpm par
H.A. Gart, 4% Loans
$104
H.K. Govt. 31 Loan
$100
201
Packard Motors
841
H.K. Wing On .....
Borg-Warner ....
21
31
S'hal Wing On
+341 37
Paramount Pictures
Biggs M'facturing
191
83
134
Vibro. Piling
Pennsylvania R.R.
Brooklyn-M'hattan
Trans.
114
161
Ta
Maramans Inv..(Lon.)
Phelps-Dodge
B'klyn-M'hattan 38 cum pf.
391
.34
4/0
Maramane Lov. (HK).
Phillips Petroleum
Canadian Pacific R'way.
37
Public Service of N.J.
Case, JI
371
Pullman Inc.
Celanese
221
251
London
0/6-1/2
Pure On
Chesapeake & Ohio
32+
67*
New York
12-5/8
Radio Corpn. of Am.
Chrysler Corpn.
691
51
Japan
48
Republic Steel
Columbia Gas & FL,
5+
14.
Reynold Tobac. "B"
Parts
5.48
Columbia 8% "A" pl.
04
381
JWm. Powells
*Sales to Shanghai
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept Chicago Com, Sept. Winnipeg Wheat, Oct. New York Hides, Sept,
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)
Prev. To-day's
Close Close Change
8.92 8.84 08 off 16388 closed.
681. 67) 1 off 484 477
off
572 56 1 of 11.07 closed
Fligh Low 8.90 8.82
681" 674
43) 57]
471
551
Hongkong
34
24
Richfeld Oll
Commercial...
431
London, July 7..
India
36
Safeway Stores
NEW YORK COTTON
Commonwealth & 8. (ord.)
14
412
Open Market-Selling Raton
Schenley Distillera
C'wealth & §. 8% cum pf.
637
Sterling
Consolidated Edison .........'
301
Schenley, 54% ptd.
Sears Roebuck .......
Opening
Closing
Consolidated Oil
74.
754
Spot
July
Sellers
0/6-9/16 0/6-9/16
0/6-29/64 0/6-7/16
Continental Can
36*
Seversky Aircraft
34
Continental 'Qil
237
Shell Union 01....
107
Corn Products
603
| Socony-Vacuum Oil
114
1.
Curtiss Wright (C)
|Southern Pacific
"U.S. Dollars
Curtiss" Wright "A"
24+
Bouthern Fly $5 pfd.
Βράτ
$12-25/32 $12-25/32
Deere & Co.
184Sperry
!
42
July
"..... 12-19/32
Calcutta, July 8 (Reuter).
Spot Market:-Quiet.
12-17/33
Forward Market:-Slightly easy.
Stening
Merchant Rates
0/6-1/2
US: Dollars... $12-11/18 Silver Duty Rate
The Central Bank of China's
rate on London at 10 am to-day WAS 1/2-1/2d, unchanged from yesterday.
Eaton, Mig. Co.
Elec, Autolite,
"
The Equalisation rate was not Food Machinery Corp. quoted.
New York Exchange
New York, July 8 (Beuter), TT. on London (Opening Rate), unquoted.
Calcutta Exchange
TT on Japan, 78-5/8 ·
London Exchange
· London, July 9 (BWB).
Closing mean rates were:—
Paris, 176-23/32.
New York, 4,88-3/16.
Montreal, 4.694:
Brussels, 21.55
Genera, *20,77, Amsterdam, 8.82.
Milan, 89–1/32.
Berlin, 11:681
Goodrich $5 pf.
Distillers Corpn. Seagrams
17*
Standard Brands
Douglas Aircraft
661
Stand Gas & Elec.
21
Chinëse 44% Gold Loan
"Chinese 5% Gold Bonds,
·-1925-47-***
1888 (Brit. Issue).... 47
Du Pont de Nemours
1491
Standard Oil of California
251
Chin. 44% Anglo-French
Loan, 1908
44
Eagle Picher Lead
81
Standard Of of NJ.
413
22
| Stone & Webster
10
***1012
201
Swift International
28
Elec, Bond & Share ........ Elec. Bond & Share $5 pt. Elec. Power Elea. Bond & Share $8 pl.
Fintkote
7
Technicolor
141*
Texas Corpn. .....
38..
64
Texas Gulf Bulphur
21
1926 (Vickers)
Light $7 pf.
234
Trans-América. Oo,
18
20th Cent. Fox......
284
20th Cent Foz. się pf.
Gen. American Trans.
484
Union Carbide & Carbon
Gen. Electric
·348
Union Pacific ...............
95
Chinese 5% Crisp 'Loan,
Chinese 5% Reorg, Loan,
1913 (Ldri. 15.)
• 384 Chinese 8% Ster. Note,
Chin. Imperial Rly. 5%
Loan
Hozan Rly. 5%..........
Hukuang Rly. 5%, 1911...
15.
12
Hakuang Rly. 5% 1911
Gen. Motors
"421
United Aircraft
351
Gen. Railway Signal
151"
United Airlines Trans,
· 108·
General Tire & Rubber Co 222 Glidden Co.
United Corpn. ......
United Corpn. $3 cum pt.
Goodrich (B.F.)
161
United Gas Corpn.
14
United Gas "Improvement 124.
Goodyear Tire & Co.
201
US Rubber
·392-
Great Northern Iron Ore
149
U.8. Rubber $8 pfd, ...... 103
Great Northern Rly, pfd.
20%
U.S. Steel
40+
Great Western Sugar'..........
258
Vanadium
191
Greyhound Corp.
174
Warner Bros. Pict..........
4
Hecker Products
Westinghouse Elec.
Homestake. Mining
Woodward Leon Cor.................
·261**
Industrial Rayon:
23
International Harvester
544
Chase National Bank National City Bank
321
·28*
bid.
DOW JONES AVERAGE
1939
High Low Dow Jones Averages,
15485 181,44 30 Industrials
8.76
Saver Spot, 187.
26.58 2071 90 - Utilities
23.61
23.81 23.70 23.80-19 up
99.39 87.08 140′′ Bonds
·88.98
Forward, 161.
01.09 45.59 11: Commodity Index 49.13
Lung Tsing & U. Hai Rly,
$%... Bhai-Ning Rly. 5% 17. Tientsin-Pukow Rly: 5%.
(Brit. Stpd.) Tientsin-Pukow Rly, 6%
(German Stpd.) 12 Tientsin-Pukow Rly. 5%
Tientsin-Pukow Rly. 5%
(Ger, Stpd. Supl Loan) 12
Jap. 5% Bter. Loan, 1907 32 Jap. 6% Ster. Lean, 1924-401 Ger, 7% Intl, Loan, 1924 334" Chartered Bank.
HK. & Stal Bank (Ldn.
Reg.)
·HK., & Fhaf Bank (Col
Reg)
Chinese Eng & Mining
(bearer)
July 8, 1929, July 7, High Low Class Change 133.28
133,20,133.06 133.24.03 up.
28.70 58.48 38.88 09 Chosen Corporation
Pekin Syndicate
88.94 OL of Shai Elec: Constr. Co
Bhalwak
Western Holdings Bub-Nigel
Tanami Gold Mining.
Burman
Shell
-- (German Issue) 13... Rolls Royce Sain
13
12
(Erit. 8tpd. Bupl, Loan) 12
བསྐ ུ སྐྱེ མས ཨྰཿཀྰ ཋ ང སླསྶ སྲ ཿ ལྔ ཚོ--སྐྱེའི
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirma- tion and no responsibility' is nasumed for errors in transmission.
&
範 War Loan, 31% (ed
Union Insurance. 26-7/8* after 1952)
93-13/16 | Gula Kalumpong Rubber 16/10 Canton-Kloon Rly 5% 14
Allied Ironfounders...... 17/6 Asso. & Elec. Industries 39/3 Austin Motors, ord.
Close Opening Closing
Change
July October
9.56/58
9.55/55
9.53/64
.02 off
8.91/92
8.90/98TM
8.82/84
.08 off
December
8.71/72,
8.72/71
8.83/85
.07
January
8,00 N
2.60/59
8.52/52
.08% off
March
8:49/50...
8:49/49
8.41/42
.08 off
May.
28/9
Spot
8.42/43 9.96.
8.40/41
8.33/34
109 on
9.37 'N
Cable & Wireless, New
..09 .bf
Form, ord. A
50
The last notice day for July cotton is 14th,
B.-A. Tob. tbearer) ..
95
Cammell Laird, ord. ..
7/14
223
Mexican Eagle ...... Courtanida
8/3
27.
July
Distillers
94/3
September
Dunlop Rubber ............ 26/3 Gen. Electric (England) 73/7} Guinness (A) Son & Co. 104/0 Hawker Siddeley Airc.... 17/3 Bristol-Aeroplane
20... Imperial Chemical Ind.
December March
NEW YORK, BUBBER
16.31b/35a
*884/684
CLOSED
18.42/42
16.45/45.
The last notice day for July rubber is 27th.
CHICAGO WHEAT
Imperial Tobacco
28/7} *-*. 127/6
Marks & Spicer "A" ard.
July...
57/101
September
103/9
December
871/67)
681/651 70/70
89/180
801/060
694/591
671/671 881/09
Leyland Motors
88/44
Tate & Lyle
61/9
Friday's sales:-26,680,000 bushels
Turner Newall.
76/41
United Steel
23/0
CHICAGO CORN
Smethwick Drop Forg.
15.
Armstrong Stevens, ord. 5/9.
Pressed Steel. com.
-17/44
Vickers, ord, Woolworths.
18/41
July September December
62/4
Anglo-Dutch-me
22/6
47/481 489/434 481/487 401/494/ 491/494
WINNIPEG WHEAT
402/401
472/471
#481/481
Rub Plant Invest. Trust 23/6
Burma Corporation Commonwealth "Mining.. Marsman Investments. 14/3 Randfontein Estates.
7/31
July October Décember
583/569
55/551
571/674
-59/501 ›
573/674 657/58 594/591
58/68
888
888
FES
38/101 1179
NEW YORK HIDES
79
| 208/11":
4d45
September
11,07/07
Anglo-Iranian
771/2
December
11.35/35
17176
NY Silver Omcial
38-1/2.
CLOSED
tauoted
NY-London Cross Rate 4.08-1/8
$82/8
NEW YORK STRAITS TIN
22/81
Other rates were unchanged..
September
(48.15b/60s
closer
Bakine
Doner110,000 shareS
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