PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
DECEMBER 23, 1938
ON LONDON:
Telegraphic Transferi
Bank Bill on demand Credits 4 months' sight 1/3;
ON SHANGHAI:-
On demand..... 179 now,
UN SINGAPOREK :---
On demand.......
ON JAPAN -
[b]
On demand
ON INDIA:--
and demand Transfer... (83
ON NEW YORK:-
Bank Bills, on demand 28 15/1 'Credits, 60 days' sight 99 7/14
'ON BATAVIA:-
On demand
ON BAR1-
!
----- Dit 1/18
Bank Bilis, on demand 1096 Credits, 4 months' sight 1145
109
ON SAIGON:-
On demand
ON MANILA:-
11
On demand
.58
ON BANGKOK :-
On demand
148)
Sterling Notes
Bank Buying Rate
K
Bar Silver per os
20
Shanghai Exchange.
(Meial T.T, Rates
FINANCE
Accidents To Workers HONGKONG SHARE QUOTATIONS
In The United States
Of every million workers employed during 1936, 430 were killed, 1,790 permanently crippled, sud 15800 temporarily disabled, according to estimates of the United States Bureau of Labour Statistics. The total accident toll, diregarding injuries which required. only mèdical attention, but did not involve inability to continue at work, is es- 1,325,000 timated at 18,000 deaths, 66,200 permanent injuries and temporary total disabilities,
Here.
These estimates are based in, with an "injury ratio of about part on a survey which included; 1 out of every 10 workers. nearly 24,000 establishments, with too, the ratio of fatal and disaling more than 4 million workers in injuries was high. 80 Industries. and
part In
on. data available from other Govern- mental sourcea.
TRANSPORTATION THIRD Transportation, exclusive of call- roads, ranked third and manufac- turing fourth. In terms of injuries million workers. Although
rate the fatality
for manufac-
DCT
The general estimates include Industries engaged in manufactur Ing. trade (both wholesale and retall, public utilities. constructuring ranked eighth. Its per- tion, raliroads miscellaneous
manent injury rate was the third transportation, mining and quarry-nighest.. ing - dincluding petroleum produc- tlon), miscellaneous business vices, and agriculture.
MOST HAZARDOUS
The construction industry
STOCK EXCHANGE
SHAREBROKERS ASSOCIATION
Boy Gallara Sales Nomal
FRIDAY DEC. 23.
Buyers. Bellara
Malpais
$1370 | #1850 $1380
**
་་
£81
· ១
A 27 213
Banks
H.X. Banks ** $1365.
Do. (Col. Reg.)...........
Do. (Lon, Beg.).............. Chartered Banks Maromniile Bks, “A” Maronuliia Bka. "C"! Bank of East Asia ........ N. C. & B. Bṣakı ...........'
Insuran000
Canton Insurancas.................... Union Insurances ............. Underwriters severnomena $183HK. Fires ................
Shipping
205
$485
170 ct.
*
#811
ser-
The public utilities group, which Includes electricty, gas and tele- the phone and telegraph, had lowest number of disabling in- trade group the ap-juries. whereas
$116
$115
$5,35
86.16
$184
pears to be, the author of the sarhad the lowest ratio of fatal vey states, by far the most hazar and permanent" injuries.
dous of the Industry groups
list-
DISABLING INJURIES
ed. Practically one out of every The estimates include only dis- four workers, on the average, had abiing injuries, which are defined
a disabling injury during the year. Similary outstanding is the fact,
much the highest ratio of fatal
as those causing disability beyond the day or work shift during which
he says, that this Industry had the injury occurred. The in- dustry group with the highest of permanently disabling Injuries.number of disabling injuries per Next in rank of hazard was million employee-hours was con- mining and quarrying (Includ-struction, with a frequency rate ing the production of petroleum). 156.80.
i
RBI
Ex*
2171
£13
$38
い
$110
$430
170 ate.
Douglass was
$10
$18
Steamboată
160
Indo-Chinas (Prof.) ..........)
$38
184
80/71 | Bhall
$24 18/7
$171
Indo-Chinas (Dal.)..............!
Waterboala imemtesnenie Docks, Wharvos, Godowns, sta H.K. & L. WhaXTER....... Providente (old)..................... Providenia (new) --- H.K. & W. Docks....
Do (new), $100,Shanghai Books 6..... 15.80 New Baginserings 8.
Mining
17/6 Kailanganman.
B.76 Raube.
$3
Venarnala Gold Fle
Tata Hong Kong Mine......
Lands, Hotels," and
H.E. Hotels
pertes
SATURDAY, DECEMBER 24, 1938.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SPOT
JAN.-MARCH
APRIL-JUNE
New York, December 2
SINGAPORE BUBHER
Dec. 21 buyers sellers
Dec 27 buyers sellers.
change
28
28-1/4
28-1/8 23-3/6
up 1/8
28-1/4
28-1/2
28-3/8 28-5/8
up 1/3
23-1/2
28-3/4
28-3/4 29
up 1/4
Responding to quiet conditions prevailing in London and New York the market opened with prices unchanged for all deliveries aa com- pared with Wednesday's closing quotations,
The market displayed a quiet and dull undertone throughout the day, being affected by the approaching Kolidays, Both dealers and speculators were disincliued to operate either way, consequently trad-- 39.00ing was restricted and uninteresting. Also demand for “actuals” was'
moderato.
2117
6.38
$6.15
$18
#173
BLOT
ม
17/8
I
#4
***
#6)
Closing tone was quiet,
LONDON RUBBER
Previous close
buyers sellers
To-day's clome buyers sellers
8-1/16 8-1/8
8-1/16 8-1/8
change
tch
Buildings
#351
H.T. Lands ........................
$35,
$16
$38
$107
时
Da 4% Delcatures
Shanghai, Dec. 23.
$3 $8.50
.Opening
London
New York
0/8 15-5,8
A
Japan
Parls
Hongkong
56-7/8 5.48 53-3/8
London, Dec. 22. Bar Gold, Fine per oz. 149/- Dollar Parity, 1/2d. premium.
-Reuter
In this group. the branch of railroad heavy engineering and constructión had the
very high coupled frequency rate of 201.81. with the unusually high severity rate e, days lost per 1,000 em- ployee hours) of 46.70.
SPOT "APRIL-JUNE
$99
***
JULY-SEPT.
Ex. rt.
0.All $18.70-
Market steady.
10% €34
.::
$42
$17
LONDON - GOLD
Shanghai Lands á.
H.X. Besides
Hamphenyu ......
Chinite Estate envenen
Collom 1
#10) [Bwos (8.) .............
$108'ha Cotions (8.) .........
Zoeng Bings (5)
#su Wing On Taxiüss (1)
Public Utiliti
Tramways on most
STOCKS
Silver Duty Rate
The Central, Bank of China's rate on London at 10 a.m. to-day was 1/2-1/2d. unchanged frem" yesterday.
The Equalisation rate was 51 per cent-Reuter.
London Exchange
London, Dec, 22.
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
ДРА
357)
QUOTATIONS
$101
$23
Last Bale
STOCKS
¿Last Sale
Closing mean rates were as
317
Pask Trams (old)...... 16)
ast
{Prak Trains (Dew)-------
#71
Star Forrist momen
$12
(new)
Y'mati Ferris C.M.$
Da. $3.60 Chinx Lights(0.)
ribina Lights ........*** H.K. Electrics
$17 Macao Blectrics Paine
Sandakan Laghis
Telephopes (old)-
$8.00 | Telephonse (new).............. #1/3
ex dir. C.R.
191
Rta.
557)
8#3
+38
29/
Dec, 22
Dec. 27
follows:-
Adams Express
101
Int. Tel. & Tel.
81
Paris, 177-5/32
Alleghany Steel Co. .......................
251
New York, 4.682
Allis Chalmers
401
| Johns Manville
Kennecott Copper
104
45
Montreal, 4.714
Brussels, 27.09 Geneva, 20.87
Amsterdam, 8,59
Milan. 881 Berlin, 11.85
Prague, 138
Amerada Corps.
ងៗ ៖ ·
Libbey-Owens-Ford
Glass 531
Amer. Can
992
Lockheed Aircraft
341
Amer. & Foreign Power
3
Loew's Inc.
521
Ameri & Foreign $7 pf....
16
Martin, Glen L...........
331
Amer. Locomotive
271
McKesson & Robbins, $3 pf.
56
Amer. Metals Co.,
381
Monsanto Chemical
...
1043
Amer. Radiator
171
Montgomery Ward
511
Lisbon. 1101
:འེ་རྒྱུལྔ་
.:
Constructions (new)........]
Amer. Rolling Mill
201
at. Dairy Products
121
Miscellaneous
Dairy Farms me
Ch. X'tainmental -
| Constructions (oid)}.....] #1 40
Lane Crawford".
Tractions, nieumyanı
25/0
Tractions (prof.)
Industrials
$14
Cald., Macg. (Ord. } B.
$13
Cald., Kacg. (Prst.j B.
$1.70 Canion Los..........
$160
Ceanta
5151
Ropes an
$241
8-3/16 8-5/18 8-3/16 8-5/18 8-1/4 8-3/8 8-1/4 8-3/8
NEW YORK COTTON
The market declined on lower Liverpool and Bombay cables, switching, some hedging operations and Equidation. Later, prices ral- lled on some scattered buying and firmness of the Stock market. Finally, the market closed steady, with active trade buying and cover- ing by shorta.
NEW YORK RUBBER
Trading continued to be a very quiet and tame affair, with pre- holiday conditions generally prevalling. With incentives support lack-‚; ing, price changes remained narrow and the turnover was again very small
CHICAGO WHKAT
The market was early stimulated by Arm overseas advices, higher, Winnipeg prices and some covering Later, it further hardened on the Government Report being construed as bullish and the continuance of a fair export demand.
$8.7
$31
Buenos Aires, 20.45
Montevideo, 181
Other rates were unchanged-
British Wireless.
New York Exchange
New York, Dec. 22.
T.T. on London (Opening Rate) 4.66-11/16-Reuter.
Calcutta Exchange
TT on Japan, 78-5/8-Reuter.
India Rupee Paper
Bombay, Dec. 21. Govt. 3-1/2 Rupee, 98-01-0.
-Reater.
Berlin Exchange
Amer, 3'ting and R’ing Co.
19
Nat. Distillera
261
Nanyang Tobsoon.....
13.
Sincerel
Amer. Bugar Ring
194
National Gypsum
14
$1.40
N. Y. Commodity Market
$7.48
Amer. Tel. & Tel.
1471
|National Load
26
Amer. Tobacco "B"
801
Nat. Power & Light
71
6% p
Ch.G.5%, 1985G 384 75. Goth. 4% Lowe: $106
7%
Amer. Waterworks
12
Nat. Bupply Corpn.
13+
р
HI Govt. % Logis, 100
"37
Anaconda Cupper
334.
New York Central
191
136
H.K. Wing Of
Em
Atchison, T. & S. Fe. Auburn Motors.
381
N. American Aviation
171
$40
S'hai Wing On
(By Courtesy of Messrs. Swan, Culbertson & Frits and 8. E. Levy & Company)
199
Vibro Piling
renome: $6.80
31
North American Co.
15/3
Marsmans Inv. {L0%.}
Baltimore & Ohio
B
Northern Pacife.....
3/
Barber Asphalt &
187
Pacific Gas & Elec.
Barnsdall OIL
18
Pacific Lighting
Bethlehem Steel
741
Packard Motars.
Calcutta, Dec. 22.
Boeing Airplane Co.
321
Borg-Warner
31
Paramount Pictures
Pennsylvania R.R.
Biggs M'facturing
29,
Phelps-Dodzë
Brooklyn-M'hattan Trans.
121.
Phillips. Petroleum
B'klyn-M'hattan $8 cum pl.
41
Public Service of N.J.
Maramane Inv. (H.K.)
90 uta, Wm. Powells we
*Bales to Shanghal
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
90 ota
Mar: New York Cotton
Mar. New York Rubber Chicago Wheat May Chicago Cors Winnipeg Wheat
664
661
Prev. To-day's High Low Close Close Change
8.40 8.30
.06 up 16.25 16.16 16.18
67
8:34 8.40
16.23
.05 up
681
up
May May
NEW YORK COTTON
521 512 521
511
1 off
011
61 611
611
up
Canadian Pacific Eway. ...
51
Pure Ol
London, December 22.
Case, J.I.
85+
Radio Corpn. of Am.
Chesapeake & Ohlo
34
Republic Steel
Chrysler Corpn.
811
Reynold Tobac. "B"
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.
Close
Opening
January (1938) March
8.34/34
Closing 8.29/30 8.31/31
Change .03 off
8.34/35
8.30/31
8.40/40
.00 up
#
Columbla Gas & El
61
Schenley Distillers
£
Columbia 6% "A" pf.
701
[Schenley, 5}% pid.
The
Berlin, Dec. 22. Reichsmark was qualed
Commercial ......
562
Sears Roebuck
Commonwealth & 8. ford.)
13
Shell Union Oil
without guarantee at:
New York, 40.10 Paris, 1524
"Amsterdam, 73.75 to 73.80
London, 11.835.--Transocéan,
Pacis Exchange
C'wealth & 8. 6% cum pf.
454
Consolidated Edison
291
Consolidated Oil
81
Bocony-Vacuum Oil
Southern Pacific
| Southern Rly 35 pfd.
Continental Cen
391
{Standard Brands
Continental Oll.....
30
Stand Gas & Elec.
Corn Products ......
63
Standard Olk of N.J.
Curtiss Wright (C)
64.
Stone & Webster
Parla, Dec. 23. Sterling was quoted at 177.03 to 177.10; US Dollar at 37,935 to 37.955. Transocean.
Curtles Wright. "A"
261
Swift International
Distillers Corpn. Beagrams
191
Technicolor
Douglas Aircraft
701
Texas Corpn.
Du Pont de Nemours.....
149
Texes Gult Sulphur
Eagle Picher Lead
114
LONDON "METALS
EXCHANGE
Elec, Bond & Share
91
20th Cent. Fox.
Elec, Bond & Share $5 pt.
581-
Elec. Bond & Share $6 p. 64
Trans-America, Co,
120th Cent, Fux. $14 pf.
Union Carbide & Carbon
QUOTATIONS
NOT RECEIVED
War. Loan, 31% (Red
after 1952) Canton-K'loon Rly. 5% Chinese 41% Gold Loan, 18
97-7/16
£ S'hai Waterworks "A"... 19-1/2′′ Union Insurance
31-1/2"
+
L
Gula Kalumpong Rubber
21/3
May
( ) July
(,, ) October (..) December (
8.14/15
8.12/12 8.21/21
.07 up
7.86/87
7.86/85
7.92/92
.00 up
7.59/59
7.55/55
7.61/82
.02 up
M
>
7.82/62
7.58/58
77.65/65
.03 up
Allied Ironfounders,
19/-
Spot
8.79 N
0.85 N
.06 up
1895 (Brit Issue)....... Ti Chinese 5% Gold Bonds,
1925-47
Asso, & Elen. Industries Austin Motors, ord.
38/4
24/6
NEW YORK RUBLER
74-1/2
Chin, 41% Anglo-French
Loan, 1908.
Cable & Wireless, New
Form, ord.
34-1/4
December
16.29/20.
16.32 M
.03
נן
60
3.-A. Tob. (bearer)
93/9
Chinese 5% Crisp Loan,
1912
Cammell Laird, ord.
March (1939)
16.18/10
16.18/16
16.23/24
.05 up
7/3
37-12
Mexican Eagle
May
16.15 N
16.17/19
16.20/20
.05 up
5/14
Chinese 5% Reorg. Loan,
1913 (Ldn. a.) Chinese 5% "Ster. Notes,
Courtaulds
September
16.18 N
16.22 E
.08 up
28/-
56-1/2
Distillers
October
18.16 N
18.22 N
.06
up
88/9
Dunlop Rubber
231
Sales for the day:--
680 tons
1924 (Vickers)
13-1/3
Chin. Imperial H17. 5%
Loan
772
Honan Rly, 5%
23
Elec, Power & Light $7 pf.
341
Union Pacific......
London, Dec. 22. COPPER
buyers 2.
Funtiote
.28
United Aircraft
Hukuang Bly. 5%, 1911... 25 Hukuang Rly. 5%. 1911
Gen. American. Trans.
581
United Airlines Trans.
(Cherman Kigue)
23
བ་ཐུབ
Gen. Electric (England) 76,8 Guinness (A) Son & Co. 104/- Hawker Siddeley Aire... 24/- Bristol Aeroplane
CHICAGO WHEAT
22/41
December
632/637
641/841
Imperial Chemical Ind. 30- Imperial Tobacco
May
128/9
July
663/601 661/681 66/661
881/681*
661107 661/061
Marks & Sp'ter "A" ord. 55/14
· ម ម ន
Tuesday's Balės:---
-6.679,000 bushels
sellers
Cen. Electric
421
United Corpn.
2
Gen. Motors ....
491
United Corpn. $3 cum pf.
Standard, Cash 43-7/8 Standard,
3 months 44-1/8 Electrolytic ...... 49-1/2.
TIN Standard, Cash 214-1/2 Standard,
45-15/16 Gen, Railway Signal
221
United Gas Corpn.
Glidden Co.
231
United Gas Improvement
44-3/16,
50.
Goodrich (B.F.)
231
US. Rubber
Goodrich $5 pf
641
U.S. Rubber $8 ptd.
#
Goodyear Tire & Co.
361
U.S. Steel
214-3/4
Great Northern Iron Ore ....
131
Vanadium..
Great Northern Rly, pfd.
271
Warner Bros. Pict.
3 months 215-1/2" 218-3/4
LEAD
Great Western Sugar .....
24
Greyhound Corpn.
204
Foreign,
Hecker Products
101
Official Price 15-1/16 Foreign, Official ́ ́
3 months-15-1/4
SPELTER
15-1/8"
Homestake Mining int. Nickel
63
541
15-5/16
*-bid.
1-ex. div,
Ordinary,
Westinghouse Elec. Woodward Iron Cor. Chase National Bank National City, Bank
Lung Tsing & U; Hai Rly.
5% Shai-N'king Rly. 5%.... 24 Tientsin-Pukow Rly, 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5% (German Stpd.) A... Tientsin-Parow Rly. 5%
(Brit, 8tpd. Supl. Loan) 18 Tentsin-Pukow Rly. 5%. ・・ (Qer. Stpd. Supl Loan) 18 Jap. 5% Ster. Loan, 1907 44-1/2 Jap. 6% Ster. Loan, 1924 54-1/2 Ger. 7% Int. Loan, 1924 44 Chartered Bank .........
9-178- HK. & Shai Bank Gdn.
Reg.)
Rolls Royce
13-1/4
Leyland Motors
109/41 70/3
Tate & Lyle .....
54/44
CHICAGO CORN
Turner & Newall
-75/14
18-1/2
United Steel .................
23/-
December
Smethwick Drop For
18/6'
May
50/49% 524/521
499/49+
off
18
Armstrong Stevens, ord.
8/3
July
527/521
52/521 53753
511/52
of
521/521
off
Pressed Steel, com. Vickers, ord."
14/3
21/101
WINNIPEG WHEAT
Woolworths
Anglo-Dutch
25/11
31
Official Price 14-1/18
Ordinary, Official
14-1/8
14-1/8
1988
3 months 14-1/16 Final Afternoon Transactions Tin, Standard, Cash, £215 buy-
Tin Standard, 3 months, $128 paid and buyers. Reuter.
07,70 83 39 40 Benils
High Low Dow Jones Averages ́ 1504! 98,95 20 Industriali
23.19 19.00 20 Raily
25.19 15.14 9) (Ttälikura
DOW JONES AVERAGE
Deo. 93. 1938. Dec. 20. High Low "LA 149 58 150 79 148 28 150 5% ..20, 95 20.71 2018)
3174 31.78 30 2 21,692,08 off
ILK. & 8'hai Bank (Cof
Rub Plant. Invest. Trust 27/1 Burma Corporation ...... 8/6 Commonwealth Mining.... 1/0.1 Marsman Investments... 15/0. Randfontein Estates 39/10/
-12/9 Western Holdings .... Sub-Nigel
2015/-
December May July
591/591.
61/617-
611/011
593/59% 011/011. 811/811 811/618
up
+
up
62/628
December March
NEW YORK HIDES: (New Contracts)
12.07 N unquated 12.18 N 12.42/42 12.38b/46a 12.61b/54a
Reg.)
.84
Change
85 up
Chinese Eng. &... Mining
(bearer)
Tanami Gold Mining..... Anglo-Iranian
·8d.
90/-
17/01
Burmah
82/6
up Chosen Corporation
The
Shell Trans, & Trad.
$9.00 4102 11 Commodity Index 4782
47.93
17 op .10 up
Pekin Syndicate.
E-
(bearer)
80/71
March
S'hat Flec. Constr. Co..
251-
--Nominal
-ex-dividend
NY Biver, Omelai NY-L'don Cross Rate... 485-15/18 -Router
· NEW YORK-6TRAITS TIN
48.00b/15a 45.85b/48.208 46.05b/358 42-3/4
42-3/4. 4.08-9/16
Business Done:~-1,049,000 shares