1939-08-28 — Page 12

Daily Press 孖剌西報 All

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330

PAGE 12-HONGKONG DAILY PRESS

Finance and Commerce

MONEY AND

EXCHANGE

SILVER MARKET

LONDON SILVER

London, Aug. 26 (Reuter), « SUver-India sold. Speculators

CLOSING QUOTATIONS bought. Business moderate Market

AUG. 26, 1939

On London:-

Telegraphic Transfer. 1/19/31. Bank Bills, on demand/ 19/39 Credits 4 months' sight 1/3 1/32

On Shanghai:--

On" demand

On Singapore:--

dull and uncertain.

Spot, 20-1/16.

Forward, 18-7/8d.

NEW YORK SILVER New York, Aug. 26 (Reuter). oficial Price, unquoted.

BOMBAY SILVER Bombay, Aug. 26 (Reuter), Market-Steady

Offtake nil.

LONDON METALS

EXCHANGE

London, Aug. 23 (Reutert.

COPPER..

3 months 45-7/16 Electrolytic 50-1/3

£

buyers sellers

£

Standard, Cash 45-3/8 Standard.

45-1/2

1

*** *3

45-1/2 53

TIN

Standard, Cash 229-7/8 Standard,

230

3 months 224-5/8

224-3/4

On demand

51 3/4

Indian Mint Silver

On Japan:-

Ready

On demand

104

Sept. 9 Settlement

Oct. 7 Settlement

81 1/8

On India

Telegraphic Transfer. į

and demand

On New York:-

Bank Bills, on deraand 27 Credits; 60 days' sight 27 1/2

Un Batavia :—

On Paris:-

Un demand

50

Bank Bills, on demand 1660

Credits 4 months' sight 1105

Un Saigon see-

JES

10 3/8"

Un Manila:-

On demand

On Bangkok -...

On demand

162 1/2

On demand

Sterling Notes:-

Bank Buying Rate ... 1/2 13/16.

Har Silver«per oz.

..."20 1/16

SHANGHAI RICE

PRICE DROPS

(Cen- CHUNGKING, August 28 tral)-The price of rice in Shang- hal underwent a slight drop yês- terday upon reports that large quantities of foreign, rice being imported.

Rice riots continued to take place in the International Settle- ment yesterday.

were

Oficial Price 14-13/16 14-7/8 Ordinary, Oficial

14-15/16

3 months 14-7/8

Final Afternoon Transactions Tin, Standard, Cash, £229-7/8 buyers.

Tin. Standard...3 months, £224- 1/2 value.

NEW YORK STOCK EXCHANGE

QUOTATION

.... 51-03 51-02 51-03

LEAD

!!!

Foreign.

Official Price 16-144 Foreign Omciä]

18-5/18

3 months 18-1/16

18-1/9

$31

SPELTER

#144

Ordinary,

***

FINANCE

HONGKONG SHARE QUOTATIONS

„ETOCK EXCHANGE

T

SHARIBROKERS ASSOCIATION

ine Womina

Bale Femina SATURDAY 28,1 Bayer Bullen

AUG.

Banks

MONDAY, AUGUST 28, 1939...

PAYNE

& CO.

N. C. & & Hanks ...

*Insurances

$300 Canson Insursocas

$300 Union Insurances $12

Ünderwriters

$180 H.K Fires

Shipping

$67

Douglas

$17

Steamboats

Indo-Chinas

$60

$30 82/6

***

(Post)

Indo-Chinas (Del.)...

8balla

$8.10 Waterboata

Docks, Wharves,

Godowns, etc.

$103 H.K. & K. Wharve

Providente

Providenia (a) H&W. Dock...

$1115

$1100

H.K. Banks

£70

Do. (Col. Reg.)

#1190]

$1100

270

Do. (Lon. Bag)

26.

|Chartered Banks

234

Mercantile Bk. "**"

213

[Moroiziile Bia, - "0"

$79

tank of Fani Anla .......

******

£70 £70 24

[MET

COMMODITY BROKERS

STOCK EXCHANGE BUILDING"

· HONGKONG

#:

$8

£11

ria

60. Obs.

$300

$360

$185

$15

850

820

89/6

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.).

New York, August 26,

$10%

$31

**

898

$17

83/80 130.

12/0 Kaikans

$8.60 Raubsi

$4 Vanernels Gold Fida

4 éta, Hong Kong Mines"... ¡Lands, Hotels and

par

Buildings

H.K. Hocala

H.K. Lands

Do. 4% Debentieron

$7.90 Shanghai Lands

H.K. Boaltion

Humphreys

Chinesa Estaten-

Cotton Mills

Kwo (8.)

SPOT

110 Stanghal Dooks 8.

¿Now Engineerings 5.

Mining

$108 89.30

OCT,-DEC.

JAN.-MARCH

13/6

$9.40 $4

$4

$30

$100

!!

SPOT. OCT,-DEC. JAN--MARCH

change

27-7/8 28-1/8 28-1/4

27-7/8

28-1/2 29-1/4

up 3/8

un 1/8 up 1/8

28 28-1/8 27-3/4 28 -27-7/8-28-1/8

The market was purely nominal with general absence of inter- est, pending clarification" of the political situation.

LONDON RUBBER

Previous close To-day's clósë

buyers sellers buyers sellers change

8-11/16 8-3/4

SINGAPORE RUBBER

August 25

August 28

buyers sellers buyers sellers

8-11/16 8-3/4

CLOSED

8-11/18 8-3/4

$7.00

NEW YORK COTTON

$17

Market Report

STOCKS

0.8. Dollars

27./14 and also 17.3/8 for cash. Case, J.I.

i

1/16 and 27.1/8 was also done Celanese

Shanghai Dollars

London

23-1/8 18

2.39.

22-1/8

Spot

Spot"

FROM ROZA BROS.

Adams Express

Silver prices rose Id. on Saturday Alleghany Steel Co. for both deliveries, the quotations Allied Stores being 20.1/16 for Ready and 20 for Allis Chalmers Forward. Silver advices reported Aluminium Ltd the market as being steady. Offers Amerada Corps. were scarce, The market closed Amer. Can with sellers at the quoted rate. American Cyanamid B American Silver was quoted at 39

Amer. Foreign Power 3/4 for Spot.

The London-New York, cross- rate was quoted at 448, New York- London was quoted at 449.1/4....

Erratic..

Market

Sterling

Ameri & Foreign #7 pi........ American Gas & Elec Amer. Locomotive Amer, Metais, Co.

Amer, Rolling Mill Amer. 8'ting and Ring Co. Business was done shortly after Amer. Sugar Ring ........... the opening at 1/2.21/32 for Cash. Amer. Tal. & Tel. Subsequently business was done at Amer. Tobacco "B" 1/2.11/16 for Cash 1/2.19/32 was Amer. Waterworks also done for January. Later, the Anaconda" Copper.. market eased off and business was Atchison, T. & S. Fe. done again at 1/2.21/32 for Cash Auburn Motors .... and 1/2.5/8 was also done for Oc-Baltimore & Ohio tober and September. The market Barber Asphalt Co closed with sellers at 1/221/32 Barnsdall Ol Cash, 1/2.5/8 September, 1/219/32 Bendix Aviation October-November, and 1/29/16 Bethlehem Steel December-January, buyers at 1/2. Bliss & Co.

11/18 Cash, 1/2.5/8 October and Boeing Airplane Co. 172.19/32 January.

Erratic. Opened nominal with Brooklyn-M'hattan Trans. sellers at 27 1/8 with business done B'klyn-M’hattan $8 cum pt. subsequently at 273/16 for Cash, Canadian Pacific R'way.

for September delivery. Towards Chesapeake & Onto

the close" the market weakened Chrysler Corga.

and business was done at 27.3/16 Colts Patent Fire-Arins

for August and 27 September. Columbia Gas & E. The market closed with sellers at Columbia 6% "A" pf. 27.3/18 for cash and 28.7/8 Bep-Commercial

témber, buyers at 27.1/4 for cash Commonwealth & 8. (ord); lj

and 27 September.

Nominal at 370.

Shanghal Market,

Opened at 3.11/16 and towards

the close sellers were reported at 3.7/8 for Spot.

Shanghai Exchange

Shanghai, Aug. 26 (Reuter),

"Official T.T. Rates

New York

Japan

India

Com Producta

Du Pont de Nemours Eagle Picher Lead Opening Baton Mig Co. 0/3-1/4 Elec. Autolite-- ..:6-5/16

Elec. Bond & Share Elec. Bond & Share $5 pf.

Parts ... "Hongkong

Open Market Selling Bate

Aug.

Sterling

Ballers

Opening Closing 0/3-5/Į ̈ ̈0/3-7/8.. *0/3-5/8- 0/3-7/8

“Bept, ................ 9/3-5710+ ̄- 0/8-19/32

́U.q. – Dollars:

56-3/4 #1-1/8- Ang. 103 6-3/4 7-1/16- Sept.

una.

Market:Quiet.

Merchant Rates' Sterling, 0/3-13/16. US. Dollars, $T-1/16.

Calcutta Exchange

Calcutta, Aut. 20 (Reutet). T.Ton Japan, 78-1/2.

New York Exchange

New York, Aug 20 (Reuter). TT, en Londori (Opening Rate);

uoted,

India Rupee Paper:

Last Sale Aug. 28

AUG. 27, 1839 STOCKS

$1208'hal Cotton (19.) ..

$110

Market closed,

$41

Last Sale

Zoong Bing (8.)

$40

Aug. 26

48 Wing On Textiles (8.)

180

Public Utities

10t

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

·

8134

8

Johns Manville

8131

Tramways"

$131

964

$7.40 Peak Trams (old)

32

J. & Laughlin Steel St pid.

40 *

$3.70 Peak Trame (new)

117

Kennecat; Copper

35

$63

Star Forrig

$7.40 $9.70 $82

59

Lakey Foundry & Mas.

2**

981

Libbey-Owens-Fürd

Glass

47"

271

Lockheed Aircraft

211

21

Loew's Inc.

40+

20

Manhattan Shirt Co......

$49

361

Martin, Glen L.

201

#

15)

McKesson, Robbins

147*

$11

271*

Monsanto Chemical

190

100

Amer. Radiator

10.

Montgomery Ward

491

13

National Cash Register Co. 17

43

at. Dairy Products

184

Nat. Distillers

23

1641

National Gypsum

10%

B01

National Load ..............

201

101

Nat, Power & Light

82

25

National Steel Corp.

.63

24.

|Nat. Supply "Corpn.

7

New York Central

131

H

Niagara Hudson Power

61

11*

12]

N. American Aviation'.................. North American Co..........

142

23

231

581

Northern Pacife ................ Owens-linols Glass Co.

B

841

9

Packie Gas & Elec.

321

18

Pacific Lighting

41

Borg-Warner Bigga M'facturing

22

Packard Motors

·31

201

Paramount Pictures

81

11

Pennsylvania RR.

181

Phelps-Dodge

401

387

31

Phillips Petroleum

344

701

Public Service of NJ.

@goma augurinn

Imati Ferries

Do. (new)

$8.95

China Light (0)

$8.36

$8.35

$4

China Lights (New)

$4

China Lights Kov.

H.K. Electrica

$48

849

$IA

Macao Electrics ».

19/5 Tractions

Handakan Lights.....

{Telephone" (old)

$7.80 Telephones (new)

22/ Tractions (prof.)

Industrials

321

87

NEW YORK RUBBER

The market nuctuated erratically within narrow Trade and commission-house buying was offset by foreign selling and liquidation, which was mostly due to favourable weather conditions, and the continued uncertainties in Europe.

CHICAGO WHEAT

Profit-taking and Hquidation by nervous holders on what are considered to be better prospects for peace has continued intermit-- tently. Lacking the concerted demand which would result from the outbreak of hostilities in Europe, statistically "the evidence is all against higher prices in the immediate future. Exports have legged, a

Previous To-day's

mits. Early

$14

Cald., Mang. (Ord.) 8.

$18

Cald., Macg. (Fref.). §.

New York Stocks

close

close

Change

133,73

136,39

up. 2,66

$1

$12.80 Cam

Canton long..........

E1

$12.80

320

$181

#1

39

23

Pullman Inc.

2+1

$3.76 Rope

Miscellaneous

Dairy Farm (Old)

Dairy Farm (New) $6.90 Ch. 5'immorta

$1.5B Constructions

Constructipos

Lane Crawfords

Nanyang Tobacco

$1.80 BinoseS

Waisons

3 Ch. G.5% 1925G #Ade,

$102 H.. Govt. 4% Lower

H.K. Wing Os

What Wing. On Vibro Piling numune

·Marumaas Inv. {LOR) Maramans Inv. (HK) Wm. Powalla #Bal

to Shanghai

$3.80

320)

$8.90

(all)

N. Y. Commodity Market

(DOW)

(By Courtesy of Messrs. Swan, Culbertson & Frite and 8. E. Levy & Company)

$98H.E. Gort. 34% Lqun

par

899

$41

$10

1973

Prev. To-day's

34

Pure Ou

67

771

Radio Corpn. of Am.

New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Com, Sept. Winnipeg Wheat, Oct. New York Hides, Sept.

High Low Close Close Change

8.64 8.58 8.81

18.76a

Jo

67 661 1881

431

581

421 55**

431

57+

10.25 closed

,51

74

Reading Company, lat afd

211*

Remington Arms Co., Inc.

"LONDON STOCK

EXCHANGE

NEW YORK COTTON

.80.

Republic Steel

16

447

Reynold Tobac. "B"

(REUTER'S SERVICE)

Close

Opening

Closing

Change

381

Richfeld Of

London." August 25.

October

8.61/61

8.62/61

8.59/59

C'wealth & B. 8% cum pt.

681

Safeway Stores

43+

Consolidated Edison

317

Schenley Distillers

Consolidated Ou

Schenley, 54% pfd.

73

The following quotations are the middle prisms at the clone at the market in London. All quotations are subject to confirms- tion and no responsibility in suumed for errors in transmission.

December

8.46/47

-8.45/45

8.43/44

.03 of

January

8.32 N

832b/338

8.29 IT

03 of

March

8 22/23

8.21/23

8.29/23

vinch.

Continental Can

30

Sears Roebuck

17

"

£

May.

8.07/08

8.08/09

8.09/09

unch,

Continental' Oll

211

Severský Aircraft

21*

583

Shell Unlan Oll

War Loan, 34% (ryed

Union Insurance

29

101

Curtiss Wright (C.)

41

Bocony-Vacuum Cl

114

Curtiss Wright “A”

23

Southern Pacipe .......

124

after 1952) ........................... 881 Cantoh-K'loon Rly. 5% 12 Chinese 41% Gold Loan

Deere & Co...

174

Southern Rly $5 pfd."

32

Distillers Corpn. Beagrams

161

Sperry

327

Douglas Aircraft

601

Standard Brands

1808 (Brit, Issue)....... 39 Chinese 5% Gold Bonda,

1925-47

16/6 Asso. & Elec. Industries 38 Austin Motors, ord. Cable & Wireless, New

Form, ard.

Gula Kalumpang Rubber 15/9 Allied Ironfounders

July Spot

7.93/93

.7.94/54′

7.93/93

unch.

9.11 N

9.04 N

97. ON

NEW YORK RUBBER

23/8

September December

16.15b/76a

16.49/48

CLOSED

160

Stand Gas & Elec.

27

Chin. 41%, Anglo-French

B.-A. Tob. (bearer)

85/7

March

18.41b/45a

$2

Standard Oil of California

25

Loan, 1908

38

Cammell Laird, ord,

6/2

May

16.37b/423

231

Standard Oil of N.J.

301

Chinese 5% Crisp Loan,

Mexican Eagle

5/41

331

Stone & Webster

104

1912.

17+

Courtaulds

CHICAGO WHEAT

Bilft International

28.....

Chinese 5% Reorg. Loan,

Distillers

58

Technicolor

134..

1913 ́(Ldn. I)

Dunlop Rubber

25/6

Eles. Bond & Share,$6 pt.

68

Texas Corpo.

351

Chinese 8% Ster. Notes,

Chen, Electric (England) "73

Elec. Power & Light $7 pí Flintkote

30

Texes Gulf Sulphur

28

1925 (Vickers)

18

Trans-America Co...

51⁄2"

Chin. Imperial Rly. 5%

Hawker Siddeley Airc

Guinness (A) Son & Co. 88/9

September "December

May

681/684 67/86) 681/631 67/66 68/691

67/67 671/67# 671/671

off of

15/7

Food Machinery Corp.

30

20th Cent. Fox.

18

Loan

Bristol Aeroplane

15/71

Friday's sales-30,944,000 bushels.

Gen. American Trans..........

48

| 20th Cent, Fox. 31) pt.

Hanan. Rly. 5%

12

Imperial Chemical Ind. 29

Gen. Electric

36

| Union Carbide & Carbon

80

Hukuang Bly. 5% 1911... 13.

Imperial Tobacco

125

CHICAGO CORN.

Gen. Motors

447

Union Pacific.

96

Marks & Sp'cer "A" org. 56/2 .

Gen. Railway Signal

15

United Aircraft

34

(German: Insta)'

12

Rolls Royce®

98/9

General Tire & Rubber Co 19

United Airlines Trans.

10

Gidden Co.....

151

United Corpa

21

Lung Taing & U-Hai Rly.

5% 1913....

Leyland Motors

88/9

September...

December

9

Tate & Lyle

61

May

431/437 43/424 432/437 431/42

481/461

431/431

433/433 48/401

Goodrich (BF)

194

United Corpn. $3 cùm pf.36

Goodrich $5 pf.

671 United. Cas Corpa, wali

Goodyear Tire, & Co.

20

Great Northern Iron Ore ....

131'

United Gas Improvement Reading Company, Com

137

S'hal-N'king Rly 8%B Tientsin-Pakow Rly, 5%

(Brit. Stpd.)

Turner & Newall. Mas T1/6 United Steel Ab

22/3

WINNIPEG. WHEAT

111

Smethwick Drop Forg... 14/9

101*

Great Northern Fly, pfd.

23

U.S. Rubber

39巷

Great Western`Super.

US. Rubber $8 píd. :

1061

Greyhound Corpn....

16

US Steel

461

Hecker Products .

11

Vanadiura A

2143

Hercules Powder Co. Homestake Mining Industrial Rayon International Harvester Int. Nickel

737

Warner Bros. Pict.

43

Tientain-Fukow Riy. 5%

(German" #tpd.) 12 Tientsin-Pukow Rly, 5%

(Brit. Stpd. Supl. Loan) 12 "Tientsin-Pukow Rly. 5% ..... (Ger. Stpd. Supl. Loan) Jap. 5% Ster. Loan, 1907 29

Armstrong Stevens, ord. 5/9

Pressed Steel, com Vickers, ord.

17/10

October December

571/57

50%/59

56/55 57/502

571/571

18/8.

12"

Woolworths. i -- 61/72 Anglo-Dutchoguumia 22/3

May

615/62/

801/601

955

off

·631

Westinghouses Electr

1034

23...... Woodward Iron Cor, w

501 471

· Chase National Bank 2277 National City Bank

151 80*

ER & Bhat Bank (Lda.

Reg)

Jap. 6% Ster. Loan, 1924 34° Ger. 7% Intl Loan, 1924 23 Chartered Bank 2

70%

HK & Shal Bank (Col.

DOW 20.1IS AVKLAGE

Rab. Plant. Invest. Trust 25 Burma Corporation -Commonwealth Mining Maranan - Investments... Randfontein Estates Western Holdings ... Sub-Nigel SVEDELIK Tanaml-Gold “Mining,

NEW YORK HIDES

7/6

September

10.25/25

CLOBET

12/3

December

10.58/63

16/3 10/9 210

NY Silver, Official

30-3/4 NY-London Cross Rate 449-74

mánotád

+64)

(1939)

High Low Dow Jones AvOCK

15485 181.44|||20 Industelita (34.33, 2014- 30: Baila:

27.07 20.71 20 Utilities

95 23 87.06 40: "Bonda

30.26

66.09

26.50

1-6 ABE 17, 1839. Ing. 5 High Low Clan

· Chinese Eng & Mining Change (beater) 188.93 135.16:138.39 3.58up Chosen Corporation 1348

26.96 36.58 16.35 0.01 UP Pekin Syndicate 26.23 34.75 36:13-162 ep

7-88.31 0.19 up Shat Hed. Constz.

Anglo-Iranian Burbal

6/71

6379

Bepté

12/62

Shell Trans.

(bearer)

NEW YORK STRAITS TIN

Unavailable

NEW YORK COPPER FUTURES

closed

12/6

Nominal

Aug. 28 (Reuter Govi 34% Rupee: 95-04-0.

61.0945.59 11 Commodity Index 47.98

10 to1/*

Bnainam Dona:-~699,00 shares

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