PAGE 12—HONGKONG DAILY PRESS
MONEY AND EXCHANGE
CLOSING QUOTATIONS | Berlin Exchange
'DECEMBER 10, 1938
ON LONDON:-
Telegraphic Transfer..." Bank Bills, on demand 1/95 Credits 4 months' sight 1/31
ON SHANGHAT: -- 1:
quoted,
Berlin, bec. 10. The Reichsmark, was without guarantee; ati-
New York."40.085. Amsterdam. 73.77.
London, 11.83.--Transocean.
LONDON METALS
EXCHANGE
"Standard. Cash 42-7/8 - 42-15/18
Standard,
3 months 43-1/8
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS ASSOCIATION
London, Dec. 9.
COPPER
buyers £
STOCK EXCHANGE
sellers
£
Buyers) Ballar Sales Nominal SATURDAY,
DEC. 10.
Huyers
Belless
Sales Morina
Banks
MONDAY, DECEMBER 12, 1938.
PAYNE
& CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
STOCKS
Last Sale
Dec. 10
Adams Express
Alleghany Steel Co.
On demand.......
................. 178 abm,
ON, SINGAPORE :—
Paris Exchange
Electrolytic
48-34
43-3/16 49-1/2
On demand
D31
TIN
ON JAPAN:
On demand
London. Dec, 10. Sterling was quoted at 177.38 to Standard, 177.41.
Standard,
Cash 213-3/8
213-1/2
ON INDIA-
:}93
US Dollar at 37.97 to 37.99- Transocean.
3 months 214-3/4
LEAD
214-1/2
Foreign,
Telegraphie Transfer.....
and demand
ON NEW YORK:-
Bank Bills, on demand 28-15/10 Credita, 60 days' night 29-7/16
ON. BATAVIA :-
On demand
ON PARIS:-
63-1/3
L.
Bank Bills, on demand 1093 Credits, months' sight 1150
SILVER MARKETS
LONDON SILVER
London. Dec. 10.
Silver-India was a small sellers. American trade bought at the decline. Market steady.
Spot. "20d
Forward. 19-7 | 164.
Official Price 14-13/16 14-7/8. Foreign, Oficial
16-1/16
3 months 15
SPELTER
Ordinary,
Ometal Price 13-38 Ordinary, Omcial
13-7/16
-Reuter.
3 months 13-5/8: 13-11/16 NEW YORK SILVER
Final Afternoon Transactions New York, Dec. 10. Silver, Official, unquoted.
Tin, Standard. Cash, £213-3/4 -Reuter.pald and buyers.
16.
$19
17}
||
Tin, Standard 3 months, £214- 3/4 paid and sellers.
@ 10
Reuter.
ON SAIGON:-
On demand
109)
ON MANTLA:-
On demand
59
ON BANGKOK :~-~
On demand
149)
Sterling Notes
Bank Buying Rate
1/3-116
Bar Silver per of
20-1/6
Ready
Market Report
From Roza Bros.
BOMBAY SILVER
Bombay, Dec. 10. Market--Quiet Offtake 20 bars.
Indian Mint Silver
Dec. 17 Settlement.. Jan. 16 Settlement.
Silver prices dropped on Saturday Feb. 14 Settlement
to the extent of 1/8 for Ready and
116 for forward, the quotations being 30 1 16 and 19 1:2 respec- tively. Silver advices reported the market as being steady. Specula- tors and the Continent bought to a small extent. Buyers were Batis fled, American Silver was quoted at 42 3/4 for Spot.
The London-New York cross-rate was quoted at 488.93. New York London was quoted at 460.15/16.
Market
Steady but quiet.
Sterling
The market closed with sellers at 1/3 December, 1/2 31/32 Janu- ary-March and 1/2 15/16 (April- June, buyers at 1:3 1/32 for Cash. 13 February-March possibly Janu- ury and 1/2 31/32 April-June.
U.S. Dollars
50-15
50-13
50-12
-Reuter.
AMERICA BUYS MORE PLANES
36.05 #351
38.70
$107)
LONDON GOLD
London. Dec. 10. Bar Gold. Fitne per oz.. 148 11.
New York, Dec. 10.
The North American Aviation Corporation has received a War Department contract for 74 re-
Dollar Parity. 1-1 2d. premium. connaissance aeroplanes. Cost of
-Router. the planes is $2.348.000.-Reuter.
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
QUOTATIONS
810.65
Sandakan Lighta
:23
STOCKS
Last Sale
$23
Telephones (old).
$8.60
Talophones (Deir)......
Dec. 10
41,3
fractions ORIGA
101.
241
There were sellers at 29 3/16 for
Allis Chalmers
451
M
December 23 1/8 January, 29 1/18
Amerada Corps.
081*;
February and possibly 29 March. Amer. Can
95
half of February
March:
Shanghai Dollars
182.
buyers at 29-1/4 for cash, 29 3/16 Amer. & Foreign Power first half January. 29 1/8 Arst Ameri & Foreign pf..
and 29 1/18 Amer. Locomotive
3
Int. Tel. & Tel. Johns Manville Kennecott Copper Libbey-Owens-Ford Lockheed Aircraft Loew's Inc. ......
自
5.
Tractions (pref.)
101
Industrial
.427
:
$34
Cald, Macg. (Ord.) 8.
Glass .617
#18
|Cáld., Mang. (Prat.) B.
++
$1.70
291
Canton Ismai
$1.80
$15.75 $18
581
$15+ $4.40
$4.85
Ropes OM-*@****
16
Martin, Glen L
314
25
McKesson & Robbins. $3 pf.
825
Amer. Metals Co.
381
Monsanto. Chemical
1041" F6.30
(Amer. Radiator
161
Montgomery Ward
507
1
$140
Amer, Rolling Mill
20
Nat, Dairy Products
121
Amer, S'ting and R'ing Co.
50-1
Nat. Distillers
27
Shanghai Market
Sellers of Sterling at 8.7/32 fc
cash and US$ sollers at 16 for cash.
Shanghai Exchange
Official T.T. Rates
Amer. Bugar Ring
211.
National Gypsшn
141
22
Amer. Tel, & Tel.
1484
National Load
271
$17.30
Amer. Tobacco "B"
.86
Nat. Power & Light
71
7.
Amer. Waterworks ....
111
Nat: Supply Corpn.
131
6, p
Anaconda Copper
331
New York Central
171
par
$38
H.K. Wing On
Atchison, T. & S. Fe.
361
N. American Aviation
181
Auburn Motors
311
North American Co.
211
$7
Vibro Piling
Baltimore & Ohio
Northern Pacific
101
!!
London
Shanghal, Dec. 10.
Opening
Q/B
Barber Asphalt Co.
18
Pacific Gas & Elec.
28++
Barnsdall Oil ......
171
Pacific Lighting
soo
401
Bethlehem Steel
714
Packard Motors
#
New York
15-5/8
Boeing Airplane Co.
31
Paramount Pictures
121
Japan
56-7/8
|Borg-Warner
301
Pennsylvania R.R.
191
Paris
5.48 53-3/8
Bigga M'facturing
281
Phelps-Dodge
42
Sterling
་་
Opening Closing
Hongkong
Open Market-Selling Rates
Spot December
Case. J.I.inderg 0/8-7/32 0/8-7/32 Chesapeake & Ohio...... 0/8-13/64 0/8-7/32 Chrysler Corpn. ...... January 0/8-5/320/8-11/64 Columbia Gas & El.".
Brooklyn-M'hattan Trans.
124
Phillips Petroleum
401
B'klyn-M'hattan $8 cum pf.
401
Fublic Service of N.J.";
291
Canadian Pacific R'way.
54
Pure Oll
.101
88.*
Radio Corpn. of Am.
7+
33
Republic Steel
221
79
Reynold Tobac. "g"
44
64
Schenley Distillers
173
Miscellaneous
Dairy Farms arout; Ch. E'tainments......... $8.3 Contractions (old)...
Constructions (ndror).4) Lane Crawfords......... Nanyang Tobacco
Sinceree
CL.G.5% 1995G. Bąda.
H.K. Govt. 1% Lowe
H.K. Gov. 23% LoDE $100
Bhai Wing On
16/Marsman Iur. (Low)
3/0 Marsmana lay. (H.E.)
Wa Powella
"Bales to Shanghai
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London. December 10.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission. £
New York Cotton-Mar. New York Rubber
Buildings
H.K. Hotels"
H.K. Lands.....8. Do. 4% Dezaturos
SU Shanghai Lode 8.
H.E. Besities ..................
$105
35
851
Imports-January-October
1938
1937
1936
Sy
$8.0
Humphreys .contraran
.96
Exports January-October Stocks-31st. October
.... 151.239
109,518
55,845 tons
24,091
41,127
57,351
Chinese 'Baisten ............
818.00
Cotton Milkm
#1085 Cottons (8.)......
93,092
51,792
98,515
CA 0172
E (6.) st
$102
LONDON RUBBER
$24
324
Zoong Sings (8)
$42
840
Wing On Turtil06 (M.)
Public Utilities
$17,10
17.10/20
$17
817.10-
Tramway! ...ma
Peak Trama (old)......
:tit
SPOT
131
Previous close To-day's elcso Buyers sellers buyers sellers
7-15/16 8
Peak Trams (D#W)..........
APRIL-JUNE
8-1/8 8-3/16
B 8-3/8
B-1/18
Change
up 1/16
8711
172
Star Forri
$23)
JULY-SEPT
8-3/16 8-1/4
$23
unch 8-3/16 8-1/4" unch
B-3/16
13)
Y'mati Perries C.ES
L
$93
Market steady but idle:
Do.
$10.80
$10.70 75
China Lights (old)............
B1080 10.70
$10.40 Chiza Lights (new)................
$101
SBETH.K. Electrics......
$174 Macao Klectrica
358
J
823
$8
28/
The average forecast of last week's stocks of rubber in London and in Liverpool shows a decrease of 1,400 tons.
NEW YORK COTTON
Favourable Liverpool advices induenced a higher opening in the Cotton market to-day, which later, was further strengthened by local and Bombay, buying. Finally, the market closed steady.
NEW YORK RUBBER
The market ruled steady but relatively idle, owing to lack of in- centives and support. Prices were narrow and trading was somewhat uninteresting.
"
:
1385
3
H.K. Bank
Do. (Col Reg.).....
$1300
283
Do. (Loa. Reg.).......
ESI
Chartered Banki
£17 Marcantile Bks. "A"
£71
Marcantile Bk#. “C”
J
£13
COMMODITY
MARKET REVIEW
188
Bank of East Asia
$88
N. C. & 8. Banks.............
#3
Insurance
7210
$210
1487
160
70 at Underwriters ince
Shippor
Douglaset.....
Canton InsuraEEN........... Union Izvorances ........... 319H.K. Firma ......
$190
(FROM PAYNE & CO.)
170 cts.
€130
New York, December 10.
$60
19
419
Steamboats
$60
Indo-Chinse (Prod.)........
24
184
Indo-Chinas (Def.)....
$80
Shells
380/74
}
Wäterboats ........................................
SPOT
Docks, Wharves,
Godowns, ets.
H.K. & E. Wharves... Providenta (old)......................... Providenta (new)...
H.E. & W. Docka....
EXCL
u །༧ཀུན-མསྟ**མ 1100 Shangbai Docks B..... 1560 New Engineerings B.
JAN-MARCH
APRIL-JUNE
$117
23 #
$5,80
$3.60
317)
1101
$31
Mining
18/9 Kailans
Haube
$3
Venezuela Gold Fida
|74 cts | Bong Kong Misse..................
18/3
$9.
$3
Lands, Hotels, and
SINGAPORE KUBBER
Dec. 9 buyars
*sellers 27-3/8 27-5/8 27-3/4 28
Dec. 10
buyers sellers Change 27-3/8 27-5/8 unch. 27-3/4 28
The market opened 1/8 of a cent higer for all deliveries as com- pared with Friday's closing quotations.
Throughout the session the market ruled steady, thus responding to Improved conditions prevailing in London and New York. Good equiries for "spot" Rubber Influenced fair buying interest in Tutures by dealers and speculators Reports from U.S.A. on continued satis- factory progress in Motorcar-production coupled with estimates of in- creased Rubber-consumption for November-December
bullish factors. However, the unsettled situation with regard to Sterling is still exercising a restraining fluence upon the market.
19
Closing tone was quiet...
U.K. Board of Trade statistics for the first ten months of the year, compared with the corresponding period of the two previous years, are as follows:
28-1/4 28
28-1/4
Were
$26
CHICAGO WHEAT
The market was depressed early in the session by lower cables, liquidation, unfavourable weather reports, poor milling demand and an easier corn market.
******
72%
$106
337
364 $7
N. Y. Commodity Market
90:ota
HJ
Mar,
(By Courtesy of Messrs. Swan, Culbertson & Pitta ábd 8. E. Levy & Company)
Prey. To-day's High Low Close Close Change 8.30 8.14 8.12 8.23 11 up 16:12. 18.00 16.02 16.08b .04 up
Chicago Wheat
Mar.
067 67167-
Chicago Corn
May
581
521
534
$27 1. of
Winnipeg Wheat
May
834 031
031
031
up
£
NEW YORÊ COTTON
Spot December
U.S. Dollars ... $16
15-15/16
$10
Columbla 6% "A" pl. Commercial ......
77
Schenley; 54% pfd.
751
57
Gears Roebuck
734
-Reuter.
London, Dec. 10.
-British Wireless.
15-31/32 Commonwealth & S. (ord.)
January 15-13/18 15-27/32 C'wealth & 86% cum pt.
·Market---Quiet but steady.
Merchant Rates
Sterling..0/8-3/16
UB. Dollars, $15-15/16. -
Silver Duty Rate
The Central Bank of China's Curtiss Wright (C)
rate on London at 10 am, to-day Curtiss Wright "A" was 1/2-1/2d, unchanged from yes- Distillers Corpa, Beagrams terday.
The Equalisatiori rate was 5-1/4
per cent.
London Exchange
Paris, 177-20/32. New York, 4.674.. Montreal, 4.714. Brussels, 27.76. Geneva, 20.
Rio de Janeiro, 7
Amsterdam, 8.591. Milan, 88-13/16, .Berlin, 11.56.
Buenos Aires, 20.61.
New York Exchange
'New York, Dec. 10. T.T, on London (Opening Rate), 4.67-3/8-Reuter:
Calcutta Exchange
Calcutta, Dec. 10.
T.T. on Japan, 78-5/8-Reuter.
India Rupee Paper
Bombay, Dec. 10.
Indian Gonment 3-1/2 per cent Rupee, 98-02-8.--Reuter,
Hecker Products........ Homestake Mining Int. Nickel
Shell Union Oil
131
45
Ebcony-Vacuum Oil
War Loan; 31% (Red.
after. 1952)
98-1/8 Canton-K'Icon Rly. 5% 18-1/2 Chinese 41% Gold Loan,
Consolidated Edison
Consolidated Oll
Continental Can
Continental Oil
Corn Products
28
Southern Pacific
171
81
Southern Rly $5 pfd.
291
381
Standard Brands
81
1898 (Brit. Issue)... 74 Chinese 5% Gold Bonds,
1925-47
72
287
Stand Gas & Mec.
3
Chin. 41% Anglo-French -
S'hai Waterworks "A"... 19-1/2 Union Insurance
31-1/2" Gula Kalumpeng Rubber 20/7 Allied Ironfounders
19/61 Asso. & Elec. Industries 39/- Austin Motors, ord........ Cable & Wireless, New
Form, ord.
Close
Opening Closing
Change
Décember
8.31/31
8.93/33
8.3B/78
.07 up
ΓΙ
24/44
January (1939) March May July
8.18/20
8.22/22
8.20/29
11 up
812/13
8.17/17.
8.23/24
.11 up i
7.94/96
7.97/96
8.06/06
.12 up
7.70/70
7.70/69
7,78/78
.06 up
34
621
Standard Oll of N.J.
501
Loan, 1908
68
B.-A. Tob. (bearer)
97/6
October (..) Spot
7.33/33
7.30/37
7.44/46
11 up
8.57 N
8.88 N
.11 up
61
Stone & Webster
134
Chinese 5% Crisp Loan,
Cammell Laird, ord,
7/3
252
Swift International
-231
1912
38-1/2
Mexicari Baglė
4/9
NËW YORK RUBBES
197
Technicolor
20
Chinese 5% Reorg. Loan,
Courtaulds
27/44
Douglas Aircraft
71#
Texas Corpn.,
431
1913 (Lda. Is.)
53-1/2
Distillers
December
16.09/09
18.12b/20
.03. up
08
Du Pont de Nemours
1461
Texes Gulf Sulphur ....
311
Chinese 5% Ster, Notes,
Dunlop Rubber
23/
Eagle Picher Lead
127
| Trans-Ainerica
Co.
62
1925 (Vickers)
13-1/2
Elec. Bond & Share
91
20th Cent. Fox, .....
251
Chin. Imperial Rly 5%
Elec. Bond & Share $5 pl.
55 *
20th Cent. Fox, $1ł pt.
34
Loan ......
2
Gen. Blectric (England) - Guinness (A) Son & Co. 102/8 Hawker Siddeley Airc... "23/7
March (1939) May September October
16.02/03
16.03/03
16.06b/08a 16.08/08
16.06b/10a
.04 up
16.05b/17
.02 up
18.05/05
16.06 N
16.05b/103 18.09 N
unch.
.03 up
Elec. Bond & Share $6
61
| Union Carbide & Carbon
802
Horan Rly. 5%
28
Bristol Aeroplane
Hales for the day:-
370 tons
Elec. Power & Light $7 pr.
301
Union Pacific
881
Hukuang Rly. 5%, 1911...
25-1/2
Flintkote
261
United Aircraft
381
Hukuang Rly. 5%, 1911
21/6 Imperial Chemical Ind. 29/71 Imperial Tobacco
129/4)
Gen. American Trans.
548
United Airlines "Trans.
111
(German Issue) 23-1/2
Marks & Spicer "A" ord. 55/7
December
Gen. Electric
41
United Corpn.
21
Lung Tsing & U. Hai Rly.
Rolls Royce
110/-
May
Gen. Motors........
477
United Corpn. $3 cum pf. 35.
5....
Gen, Raliway Signal
21 *
United Gas Corpp.
21
Glidden Co.
231
United
Gas Improvement - 101
Goodrich (B.F.)
221
US. Rubber
483
S'hal-N'king Aly. 5% Tientsin-Pukow Rly. 5%
(Brit. Btpd.)
14 24-1/2
Leyland Motors
69...
July
Tate & Lyle
55/- †
Turner & Newall
77/45
Friday's Sales:-
CHICAGO WHEAT.
1 841/641
641/644 671/871 671/07 67/67†
687/67 687/881 : 664/661 10,439,000 bushels.
+
영험함.
off
off
off
18-1/2
United Steel .....
21/44
Goodrich $5 pl.
64
U.S. Rubber 48 ptá..
1014
Goodyear Tire & Co.
344
U.S. Steel
621
Great Northern Iron Ore
141
Vanadium
241
Tientsin-Pukow Rly. .5%
(German Stpd.)....... 18 Tientsin-Pukow Bly. 5%
Smethwick Drop For
18/9
Armstrong Stevens, ord.
8/8
Détember
CHICAGO CORN 514/514
51/61
off
14/44
Great Northern Rly, pfd. 241
Warner Bros. Pict.
6
Great Western Sugar ...... Greyhound Cofpn.
251
Westinghouse Hec.
114
(Brit. Stpd. Supl, Loan) Tientsin-Pukow" Rly. 5%
18
20
Woodward Iron Cor.
101
801 534
Chase National Bank National City Bank
291.
221*
*-bid
$-ex div.
(Ger. Stpd, Sup). Loan) Jap. 5% Ster. Loan, 1907 46 Jap. 6% Ster. Loan, 1924 56 Ger. 7% Intl, Loan, 1924 45-1/2 Chartered Bank
9-1/4 HK-8'haf Bank (Ldn.
Reg.)
18
$1
DOW JONES AVERAGE
1918
High Low Dow Jones Averages
Dec, 2.
168.41 88.96 20 Industriala
147,39
83.19 19.00 20. Elale.
29,85
35.18 15.14 30 Utilities
31.21
91.70 63.39:40 -- Bonda
88.79
58.00 45.03 11 Commodity Index 47,60
Deo. 9, 1988. High Low Close .148.49 147.21 143.31 216 28.81 29.10 21.45 31:20 21.34 89.78 47.54.
HK, & S'hai Bank (Col.
Reg.> Change Chinese Eng. & Mining"
.9% up
(bearer)
83
December March
18/3
Burmah
89/41+ 82/6
| Fressed Steel, com,
May All4.74) 533/681 534/53 521/53 Vickers, ord.
22/14 Juy ...k. 538/531 534/531 539/834 Woolworths 5B/10) - Anglo-Dutch opat 25/7 Rub. Plant. Invest. Trust 27/B Burma, Corporation 8/6 Commonwealth Mining. 17 Marsman Investments.... 18/3. Randfontein Estates 40/41 Western Holdings /. 13/6. Bub-Nigel
232/6 Tanami Gold Mining...... Bd. Anglo-Iranian
off
off
WINNIPEG WHEAT
December
6117811
814/61+
May dailinin July
631/831
• 04/04
631/631 84/641
031/631
up
044/641
up
៩៩៩
NEW YORK HIDES: (New Contracts)
11.34 Ń 11.25b '11,74/75
11.884
11.50b/62a 11.93b/95a
.13 up
25 up Chosen Corporatior
7/8
Shell Trans, & Trad.
unch, Pekin Syndicate.
06 of Shai Elec. Consti, Co.
2/-
*
25/-
(bearer) *---Nominal
80/71
t-ex-dividend
Business Dona:~~410,000 shares
bonus
NEW YORK-STRAITS TIN
45.80b/952 45.70b/46,00 45.90b/46,10a
March NY Silver, Official ...... 42-3/4 NY-L'don Cross Rate... 4.88-15/16
unquoted 4.87-1/2
----Router