16.
3/16 respectively. Silver advices
reported Speculators 15 having
STOCKS
sold. India supported the market
to a small, extent. The market Adams Express-
Last Sale
July 18, 1939
July 15
STOCKS
Last Sale
84
July 15
was steady but quiet. American Alleghany Steel Co. an Silver was quoted at 34 3/4 for Allled Stores Spot.
The London/New York cross-rate was quoted at 463.18. New York London was quoted at 168.1/4.
Market
Allis Chalmers
18]*
Int. Tel. & Tel.
$16
91
Johns Manville
76
362
J. & Laughlin Steel $7 pfd. 43 *
Aliminium Ltd
1294
Kennecott Copper
37
Amerada Corps.
*64)
Libbey-Owens-Ford
Class
50
Amer. Can
.98
Lockheed Aircraft
201
$8.35
Amer. & Foreign Power...
21
Loew's Inc..
45
Ameri & Foreign 7 pt....
20)
Manhattan Shirt Co.
124
Opened weak but subsequently,
American Gas & Elec
39.
Martin, Glen L.
341+
at the lower level, the tone ap- peared steady.
Amer. Locomotive
19
McKesson, Robbins
171*
Sterling
Amer, Metals Co. གས པས གསུནིཡས ཋཱཝཾ Amer. Radiator
314
Monsanto Chemical
100
121
Montgomery Ward
547
Opened with buyers at 1/2.13/18 Amer. Rolling Mill but the buying rate gradually Amer. S'ting and R'ing Co. receded to 1/2.25/32 resulting in Amer. Buger Ring........eessäge business at 1/2.3/4 for near and Amer. Tel. & Tel. also" 1/2.23/32 was reported for Amer. Tobacco "" July. The market closed at 1 p.m. Amer. Waterworks 'with sellers at 1/2.23/32 July, 1/2. Anaconda Copper 11/16 August/September, 1/2.21/32 Atchison, T. & 8. Fe. October/November and 1/2.5/8 Auburn Motors
at 1/2.3/4 for Baltimore & Ohio December, buyers cash. 1/2.23/32 August, 1/211/16 Barber Asphalt Co
Barnsdali Oll .... October and 1/2.21,32 December.
14
National Cash Register Co.
20
T11:
402
Fint. Dairy Products
171
Shanghai, July 18 (Reuter).
Official T.T. Rati
London
New York
Japan
India
Paris .....
11
220
Hongkong
0/5 8-3/4 35-5/8 27-7/8 3.88 13-5/8
32. 1/8
Sterling
Sellers
......... 104 3/4
On India:-
Spot
Opening Closing 0/3-1/4 0/5-1/5
July
0/6-1/8 0/5-1/8
U.S. Dollars
Un New York:---
Bank Bills, on demand 18 8/8 Credits, 60 days' sight 19, 1/8"
Spot
July
310-1/4 $10-1/4
10
10
On Batavia:-
Un demand
..... 53 1/2
-On Paris:-
Bank Bills, on demand (780
Credits 4 months" sight (192.........
Un Salzon 1.
On demand
107"3/4
Un Manila:-
On demand
37 1/2
On Bangkok
On demand
181 1/2
Sterling Notes:-
Bank Buying Rate...
Bar Silver per o
16 3/4
Market Report
FROM ROZA BROS.
- Stiver prices were lowered yes.
terday
to the extent of 1/8 for Ready and 3/18 for Forward, the quotations being 16.3/4 and
Market:Uncertain
Sterling
U.B. Dollars $10
Sterling
0/5-1/4 US Dollars......... $10-1/4
Silver Duty Rate
The Central Bank of China's rate on London at 10 am.to-day was 1/2-1/24, unchanged from yesterday.
The Equalisation rate was not quoted.
Calcutta Exchange
Calcutta. July 17 (Reuter),
T.T. on Japan, 78-5/8.
London, July 17 (BWS). Closing mean rates were:---
Parts. 176-25/32.
New York, 4.68-7/32.
Montreal, 4.88-15/18. Brussels, 27.56,
Geneva, 20.77.
Milan, 89-1/16.
Amsterdam, 8.773.
Buenos Aires, 20.26:
Bombay, 1/5d.-31/32 .
Berlin, 11.661.
Other rates were unchanged.
NEW YORK STOCK EXCHANGE
QUOTATION
Ready
PAGE: 12-HONGKONG. DAILY PRESS
A
MONEY AND EXCHANGE
CLOSING QUOTATIONS |Shanghai Exchange
JULY 18, 1939
On London:-
Telegraphic Transfer. 1/9 11/16 Bank Bills, on demand/ 11/16 Credits 4 months' sight 1/18/18 On Shanghai:-***
- On "demand "..
"On Singapore:----
On demand
On Japan:-
On demand
Telegraphic Transfer
and demand
י -
14
Open Market-Selling Rates
SILVER MARKET
London, July 17 (Reuter).
LONDON-SILVER**
Silver-Speculators sold, Little Indian support, Buyers satisfied. fixing, Market quiet. Since the Indian offerings were subsequently counterbalanced by general de- mand, believed largely to 'repre- sent "bear covering, Market quietly steady.
Spot Forward
...... 18-3/4d.
18-3/181.
NEW YORK SILVER New York, July 17 (Reuter). Official Price, 34-3/4:
BOMBAY SILVER Bombay. July 17 (Reuter). Market Uncertain.
FINANCE
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGR
Boys Gollera
***
SHARINEOKERS ASSOCIAVTON
Sale Now
TUESDAY 18. JULY.
Bayer
Bakers
Baina: Tousing,
$1330
H.K. Binksmas Do (Col Bag. ) Do. (Lon. Bag) 27 Chartered Banke
Marcsatile Bkz, “# Merenatili Bk. “O” Bank of East- Anda"... M. C. & 8. Hanka.......
Insurances as
BISE
$80
$930 Canton Insurances #415 Union Insurations $1.35 |Undervriteen
$1330 £30
នាង
£24
Ela
80
60 ata
19:20
ni
*** $405
$410
155 H. Fires
$185
Shipping
187
|Dongisaw
$67
Steamboste
#16
000
Indo-Chines
(Pref}
$30
BA/B
Oftake 150 bars. Indian Mint Silver
Merchant Bater
...... 5-1/8
Aug. 11 Settlement Sept 9 Settlement
45-10 45-00
***!!
4-11
$108
Market-Rates
London Exchange
tado-Chinas (Det.}...
Shalla
#NIQ | Watarbosta
Docks, Wharves
Godowns, eta
H.K. & K. Wharvić Providesta
Providiofa (new)
617) HI. & W. Doska.. Do: (i)
$108 Shanghai Dooks 8:... $8.30 | New Engineerings. 8.
17/6. Kailans
B.40 Raub
R
Mining
Venastala Gold Fida
cta. Hong Kong Mine...
Lands, Hotels and
Bulidings
H.E. Botals
$4.35
$354 H.K. Lands ....... 8351
| Do."4% Debettzzens E Landa 8. Shanghai
$4.60 H.K. Realtier sym
881 Humphreys
$100
Chinese Estates
Culton Mills
The market opened with prices unchanged for all deliveries a compared with Saturday's closing quotations. ---
$8
SPOT
OCT-DEU.
$108
JAN.-MARCH
$17.10
$108
08.36
17/9
Dull and quiet conditions prevailed during the day due to the fact that the Rubber Frchanges in London and New York were closed on Saturday last.
There were some enquiries for "actuals" by consuming centres accounts RALI speculative in evidence, but buying for trade and
In negligible, operators preferring to await further developments London and New York before entering into new engagements tỏ any larger extent.
15
Later in the session prices registered a slight decline of 1/16 cent for all deliveries due to some liquidation on a narrow market. In view of further steady business-expansion in USA, such as Highly satisfactory tire replacement sales in June etc. authoritative Rubber-circles in New York confidently anticipate higher markets in due course of time.
LONDON RUBBER
Previous close To-day's close buyers sellers buyers sellers 8-1/4
"change
8-5/8
8-5/16 8-5/16 8-3/8 8-1/2 8-7/10 | 8-1/2
un 1/16
-8-7/16
8-9/16", 8-1/2 ̧
8-9/16
BA
$6.30 | 00:40 |
par
#8
$100
$4.60
B
$18.80
$110
4$4
$40
$45
1
F
SPOT
$18.50)
$15.80)
OCT.-DEC.
87.40
JAN.-MARCH
13.70
$18.30 1wo (9.)
$105 S'hat Cottons (8)
142 Zoong Bing (8)... $48 Wing On Terios (8.)
Public Utilities
Tramways
$7.40 Peak Trams (old) ... $3.70 Posk Trama (now) ... $85 Star Ferries ..................
$22 Y'mat Farrios
$6.40 China Lights (Nsw)
China Lights Ru
H.K. Elortom
| Macao Electrios
Sandakna Lights
THE
Telephones (old) $7.83 Telephonen [new]``........
18,0Tractions
Tractions (pret.).
WEDNESDAY, JULY 19, 1939. ►
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SINGAPORE RUBBER
New York, July
1939.
July 15
July 17
buyers sellers
buyers sellers 28-378 28-5/8 38-3/8 23-5/8 "28-9/18 28-13/16 28-9/16 28-13/16
change
nach.
28-5/8 28-7/8" 18-5/8
28-7/8
114
ART TILLE
$542
318
#92)
D. (new)
China Lights (0)
$8.20❘ $9.30
$5.20
#543
1541
NEW YORK COTTON
1291 $7.90 29.
The market eased on lower Liverpool advices, hedging." Favourable weather reports
also
factor.
Market very steady. The United States and Home trade bought. Turnover satisfactory.
Rubber stocks held in the United Kingdom showed a decrease of 812 tons for the week ending July 15, 1939,
quidation and constituted a market
22/0
- Industrials
17
Nat. Distillers
201
$14.
Caid, Macg. (Ord.) 8.
1871
National Gypsum ....
131
$13
Cald, Macg. (Fret.] B.
841
National Load
213
#1
Canton · Icos
10+
Nat. Power & Light
$1200
Cainanti
$12.50
Bi
27
National Steel Corp.
314
613
294
Nat. Supply. Carpn
82
New York Central
151
ts
Niagara Hudson Power
-61
141
N. American Aviation
16
141
North American, Co.
243
Bendix Aviation
251
Northern Pacifc
91
0.5. Dollars
"
Bethlehem Steel .....
591
Owens-linols Glass Co.
642
Opened with buyers at 28 7/8 Bilss & Co. leading to business later at 28 3/4 Boeing Airplane Co.......... for Cash. The market closed at Borg-Warner
10
Paciic Gas & Elec.
32
244
Pacific Lighting
$3.76 Ropes
Miscellaneou
$81 Dairy Farm (Old)....
121
Dairy Farm (New)
$8.90 Ch. E'tainments
$1.66 Constructions
Constructions
Lane Crawfords some
Tobacco Nanyang
37 Ch. G.5% 19254) £Hd®.
13.80
#911
$6.90
(old) $2
HIT
49
251
Packard Motor
47pm
32
270.
Shanghai Market
ing for Spot
Dollars at 10.1/4 for Epot.
vices received later reported
market as being
steadier with Corn Products
The
afternoon.
Sterling
1/2.21/32
November and 1/2.5/8 December. Gen. Electric buyers at 1/2.3/4 Cash. 1/2.23/32 Gen. Motors August and probably 1/2.11/16 Gen. Raliway Signal October.
1. p.m. with sellers at 28 11/16 Biggs M'facturing July/August and 28 5/8 Septem-Brooklyn-M'hattan Trans. ber, buyers at 28, 13/16 for cash, B'klyn-M'hattan 18 cum pf. 28 3/4 first half August and prob-Canadian Pacific R'way. ... ably 28 11/16 September.
Shanghai Dollars
Opened "nominal with business
Celanese ja Chesapeake & Ohio..... Chrysler Corpn.
done subsequently at 258, 265 and Colts Patent Fire-Arms ... Towards lunch time there columbia Gas & Mi were sellers at 266. buyers at 270 Columbia 8% "A" DI. for Spot.
Opened nominal. Subsequent (C'wealth & s. 6% cum pí.. advices indicated sellers of Sterl-Consolidated Edison
at 5.1/4 and Us. Consolidated Ou
Ad-Continental Can
the Continental Off ...
sellers of Sterling at 5.9/32 for Curtiss Wright (C.) Spot and 5.3/16 July. US, at Curtiss Wright “A” 105/16 sellers for Spot and 10.Deere & Co. -3/32 July.
Alternoon Market
market was quiet in the Eaton Mig. Co.
A small business was done at Elec. Bond & Share $8 pf. 1/2.23/32 for August
The market closed with sellers at ntkote ..... 1/2.23/32 July, 1/211/16 August/ Food Machinery Corp., September,
231**
Paramount Pictures
10
121
Pennsylvania RR.
184
371-
971
$1.80 Sinceres
$1.08
$8.46 |.W7ntacts
$8.40
New York Stacks
37%
FB. Gork. 4% Loa
$104
H.K. Gort 31%L
1981
H.K. Wing. O
$41
S'hal Wing On, sm
NEW YORK RUBBER
This market advanced sharply on heavy buying, combined with the advance in. Securities.
CHICAGO WHEAT
Weak cables were responsible for the decline in wheat prices and resulted in a certain amount of selling. The increase of nearly 20,000,000 bushels in the visible supply fallen to affect the market as seriously as might have been expected. Canadian growing condi- tions continue to be very "good.
Previous To-day's
close close
4)
Change
137.88
142,58
up 4.70
41
Phelps-Dodge
404
41
Phillips Petroleum
352
Public Service of N.J.
14/6 4/0
Case. JL......
79
391
Pullman Inc.
251
281
Pure Of...
362.
74
82
Radio Corpn. of Am
B
81
Reading Company, ist pfd
211*
62
Remington Arms Co., Inc,
21*
87+
Republic Steel
173
Commercial
49
Reynold Tobac, “B”
Vibro Piling
Manmans Inv. (L00.).
Mannans Inv. (H.E.) Wm. Powell
to Shanghai
LONDON STOCK
(RKUTER'S. SERVICE)
N. Y. Commodity Market
(By Courtesy of Messrs. Swan, Culbertson & Frits and
S. E. Levy & Company)
EXCHANGE
High
Prev. To-day's Low Close, Close Change
New York Cotton, Oct.
8.76
8.71
8.79 8.73
06 off
New York Rubber, Sept.
18.74
16.59
16.588 16.74
.18 up
401
Richaeld Ou
Commonwealth & 8. (ord.)
14
71
London, July 17,
87*
Bafeway Stores
451
321
Schenley Distillers
13
74
Schenley, 54% pid.
75
39+
Bears Roebuck
701
The following quotation are the middle prices at the close of the market in London. All quotations are subject to confirma tion and no responsibility is assumed for érrors in transmission.
Chicago Wheat, Sept. Chicago Com, Sept Winnipeg Wheat; Oct. New York Hides, Sept.
662
66.
861 661
45
54 53
451
·441
541
11.68 11.42 11.40
453 túp
541-0 11.67a 27 up
224
Seversky "Aircraft
3
NEW YORK COTTON -
61
Shell Union O
11.
War Loan, 31% Reď
after 1952)
921
51
Bocony-Vacuum Oll-
12
25
Southern Pacific.
Canton-Kloon RY. 6%
14
15
202
Southern Rly $5 ptd.
Chinese % Gold Loan,
243
1898 (Brit. Taste)......
Union Insurance
28-7/8* Ghula Kalumpong Rubber 16/104 Allled Ironfounders ...... 17/3 Asso, & Elec. Industries- 39/6 | Austin Motors, ord,
Close
Openting
Closing
Change
October
8.79/70
8.76/75
B.73/13
December
8;62/62
8.59359
8.56/57
28/8.
January
B.49 N
8.45/45
*8.42/42
Distillers Corpn. Seagrams
18+
Sperry
447
Chinese 5% Gold Bands,
Cable & Wireless, New
March
8.37/37
8.32/32
8.33/13.
Douglas Aircraft .....
714
Standard Brands
瞥
1925-47
37
Form, ord.
May
8.55/28
8.24/23
8.23/24
Du Pont de Nemours Eagle Picher Lead
159
Stand Gas & Elec....
3:
ย
Standard Oil of California
261
Chin. 44% Anglo-French
B.-A. Tob. (beart) ....
91/10
July
8.12 N
8.11/11
8.12/12
Loan, 1908
37
261
Stadded Oil of NJ..
*441
Chinese 5% Crisp Loant
Bec.- Autolike
301
Stone & Webster
12
1912
Elec. Bond & Share
..67
Swift International
271:
Chinese 5% Reorg. Loan,
Elec. Bond & Share $5 pf.
58
Technicalor
151
1913 (Ldn. 1a)
67
Texas Corpn.
-382-
Chinese 8% Ster: Notes,
delivery. Mec: Power & Light $7 p.
287
Texes Gulf Sulphur
284
1925 (Vickers)"
ཆ་བོས
Cammell Laird, drd.
ገ .
Brot
9.69 N
9.58. N
Mercan Eagle
7/th
Courtaulds
Distillers
28/11
NEW YORK RUBBER
94/3
Dunlop Rubber
26/8
July
16.45b/48a
16.64/64
18 up
Gen Electric __(England)____74.
September
18.52b/58a 16.52b/60a
16.74/74
.18 · up.
12
22
Tidns-Arziies Co.
57
324
20th Cent. Fox. 1
201
October/den. American Trank, mon
512
20th Cent, Foz $13 pf. d
291
381
Union Carbide & Carbon ...
821.
471
Union Paciic......
994
18
United Aircraft
372
at 5.1/4
U.S. Dollars
Goodrich $5 pf.
The market closed with sellers Goodrich (B.F.) at 28 11/18 July/August and 28 5/8 September, Buyers at 28 3/4 for cash and 28 11/10 Beptember.
Shanghai Dollars.
Sellers probably 275
Shanghai Market,” Sellers were reported. for Spot and 5.1/8 July. A shade easter.
India Rupee Paper
Bombay, July 17 (Reuter). Govt. 31% Rupés, 95-11-0.
New York Exchange
New York, July 17 (Reuter).... TT. on London (Opening Rate), 408-1/4
Goodyear Tire & Co. Great Northern Iron Ore Great Northern Rly, pld. Great Western Sugar' Greyhound Corpn. Hecker Products ... Hercules Eowder Co...
General Tire & Rubber Co.251 Glidden Co.......
United Airlines Trana.
117
18
United Corpn.
27
192
United Corpn. șa cum pf. 363
69
United Gas Corpm.
311
United Gas Improver
13
141:
US. Rubber
261
US. Rubber $8 pfd."
25
UB. Steel
50
191
Vanadium
231
121
Warner Bros. Plut....
* 5+
Chin. Imperial Rly. 5%
Loan
Honan Rly. 5%
Hukuang Rly. 5%, 1911... Bukuang kly. 5%. 1911
(German Issue)
Lung Tsing & U. Hai Rly.
5% 1913.
S'ha-Ning Rly, 5%
Tientsia-Pakow Rs. 5%.
(Brit, Stpd.)
Tientsin-Pakow Rly. 5% (German Stud.) ..... Tientsin-Pukow Rly. 5%
(Brit. Stpd, Bupl, Loan) | 12 Tientsiri-Pukow Rly. 5%
Guinness (A) Son & Co. 104 Hakker Biddeley Air.... 16/
Decemberrni s
March
1881/6118.82b/65a 16.82/83 1683b/65 16.63 B 16.82/848
22 up
19 up
Bristol Aeroplane
མར་ཇ་ླ
19; · Imperial Chemical Ind. -2/3⠀ Imperial Tobacco
#128/11 Marks & Sp'cer "A" ord. 57/4) Rolls Royce
ព
The last notice day for July rubber is 27th. Total sales for the day: 2,850 tons.
CHICAGO WHEAT
Leyland Motors Tate & Lyle
102/6 .90.
62/41
July
66/68
86/657
September
Turner & Newall
December...
001/601
·68/68)
881/681 674/678
· 66+/68]:
371/674
United Steel
23
Smethwick Drop Forg....
Saturday's sales~10,412,000 bushels.
14/9
Armstrong Stevens, ord,
5/1
CHICAGO CORN
Pressed Steel, com. Vickers, ord
18/14
18/41
Woolworths
Anglo-Dutch
21/9
July September December
44/44 451/451
48/481
:443/447...
45/451
448/4 45/457 46/48)
unch.
74
Westinghouse Mec.
-108
Homestake Mining
64
Woodward Iron Cor,
∙191-
Industrial Rayon
271
|Chase National Bank
33*
International Harvester Int. Nickel"
589
National City Bank
26*
497
(Ger. Stpd. Bupl Loan) 12 Jap. 5% Sler. Loan, 1907 207 Jap. 6% Bter: Loan, 1924 34 Ber. 7% Intl, Loan, 1924 331 Chartered Bank
Rub. Plant. Invest. Traat Burma Corporation Commonwealth Mining..
28/8.
WINNIPEG WHEAT
7/4
Mariman Investments... Randfontein Estates
14/8
36/3
July October "December
541/54).
634/633
542/542 541/54 581/581
54/541
554/55
$51/551
HK & Shal Bank (Lán.
Reg.).
Western Holdings
Bub-Nigel
207/8
*brid.
DOW JONES AVERAGE
1999
High Low Dow Jones Averagen 15485 1944 10. Industriala
137.88
34.33 24.14.20 Balle
17.45
26,52 20.77 Utilles
$6.73
92.2267.06 40 Bonda
80.40
61.09 45.59 11 Commodity Index
20 89.75,35 up | ghat Eles. Constr. Co.
48.03
S'hal Waterworks Business Dane-1,750,733 shares
July 18, 1929.
July 15, High Low Close Change, Chinese Eng. & Mining
149,90 188.48 149.59 4.70 up (bearer)
29.31 87,89 29,14 1.60 on Chosen Corporation
83 op. Pekin Byndicate 25.70 24,80 25,45
HK & S'hai Bank (Col.
Reg)
Tanami Gold Mining...
September
Anglo-Iranian
12/0
December
Burmah
∙70/71
NY Bliver, Omlə
17/6
Shell Trans & Trad
(bearer)
87/6
Nominal
ex dividend
September
NEW YORK HIDES
11.40/40 11.43/45 11.69/70 unquoted
NY-London Cross Rate unquoted
NEW YORK STRAITS. TIN
48,10b/55a48,105/50848.10b/55a
11.75/76
34-3/4 4.88-1/4
11.65b/87827 up 11.97b/99g29 un
unch
No comments yet.
Private notes are available after approval.