Alleghany Steel Co. Allis Chalmers Amerada Corps. Amer. Can
Amer. Rolling M.....
Amer, S'ting and R'ing Co.
Amer. Sugar Ring
Amer. Tel. & Tel........... Amer. Tobacco "B"
Amer. Waterworks
Anaconda Cupper Atchison, T. & S. Fe..
Chesapeake & Ohio
"On demand
Ok Bangkok:-
On demand
Sterling Notes
Bank Buying Hats
1731 16
Bar Silver perɔ ɔe in 20.
Market Report
From Ross Bros. Silver prices rose 3/18 yesterday for both deliveries, the quotations being 20 1/4 for Ready and 18 5/8 for Forward. Silver advices report- ed speculators us having bought. Sellers were reserved. The market was quietly steady. American Silver was quoted at 42 3/4 for Spot.
CONTRACT
A Scottish steal firm has beaten SILVER MARKETS
German rivals for a share of £500,000 order for South Africa,
Messrs Stewarts and Lloyds. Ltd.. who have works at Tollerass and Rutherglen, will share the order placed by the .alty of Port Eliza- beth, South Africa, for 77 miles of large diameter steel pipes.
The contract has been placed. jointly with Messrs Stewarts and and the South Durham Lloyds Steel and Iron Company, Ltd.
The pipes will be used for the longest water supply pipe line In South Africa.
The order was secured on a
strictly competitive basis against
offers from German interests in-
The London/New York dross-volving a harter transaction; rate was quoted at 460.57. New York/London WHIS grated at 466:32.
Quie
MARKET
STERLING
"There were sellers at 1/3 Decem- Der January. 1/2 31/32 February March and 1/2 15/16 May June, buyers at 1,3 1/32 Cash January, 1/3 February: April and 1 2 31-32 May: June
U.S. DOLLARS
The market clused with sellers at 29 3 16 December, 29 1/8 January. 29 1418 February and probably 29 March. buyers at 20 1/4 for cash. 20 3/16 January, 29 1/8 first half of February and 29 1/18 first half of Murch.
SHANGHAI DOLLARS
Were quoted early in the morn ing at 174 but subsequently rose to 176. At the close sellers were re- ported at 179 1/4,
SHANGHAI MARKET, Opened with cellers at 8.19/32 to 8.33, 64. and then weakened Subsequently the market reacted and towards the close sellers were quoted at 8.9/18 for December. Firm, U.S. Dollars opened with sel- lers at 16.11/16. The lowest rate touched was 16.1/2. The market closed with sellers at 16.5/8 for Spot.
Shanghai Exchange
LONDON SILVER
London, Dec. 24. Silver-Speculators bought, Mar-. ket quietly steady.
Ready Jan. 18 Settlement Feb 14 Settlement
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
(Through Reuter's Service) QUOTATIONS
Amer. & Foreign Power Ameri" & Foreign $ pl... Amer. Locomotive Amer. Metals Co. Amer, Radiator
Auburn Motors... Boltimore & Ohio Barber Asphalt Cc Barnsdall 011...... Bethlehem Steel Boeing Airplane Co. Borg-Wärner Bags M'facturing Brooklyn-M'hattan Trans. B'klyn-M'hattan $8 cum pí. Canadian Pacific R'way. Case, J......
-
Int. Tel. & Tel. Johns Manville Kennecott Copper Libbey-Owens-Ford Lockheed Aircraft Loew's Inc.
Glass
McKesson & Robbins, $3 pí.
Monsanto Chemical
North American Co.
Pacific Gas & Elec.
Packard Motors
Faramount Pictures
Pennsylvania R.R.
"
331
q j − 8 Ñ Ñ Ñ × š 1 Ñ × AR IERE
EXCHANGE
London, Dec. 24. COPPER.
buyers
sellers A Standard, Cash 43-15:18 4-1/16 Standard.
Telegraphic Transfer...
I
Bank Billa, on demand Credits & months' night
ON SHANGHAI :—
3 months 44-144 Electrolytic ... 49-1 4
TIN Standard. Cash 213-1/4 Standard,
44-516 50-1/4
$1.67
215-12,
On demand
3 months 216-1/4
LEAD
2161:2
PAGE 12-HONGKONG DAILY PRESS
MONEY AND
EXCHANGE
CLOSING "QUOTATIONS
DECEMBER 24, 1938
ON LONDON:-
FINANCE
LONDON METALS SINGAPORE STOCK HONGKONG SHARE QUOTATIONS
3
QUOTATIONS
The following quotations of 12 leading Singapore stocks have been received by Messrs. Ellis & Edgar from Messrs. J. M. Sassoon & Co.
December 20. MIDDLE PRICE Rubber Shares
Amalgamated Malay Estate. Ltd.,
Kempas, Limited, $1.821.
Kuala Sidim Rubber Co. Ltd., $2.15.
Pujam, Limited, $1.80.
183
<DI
Kankı
Deol Reg.)...............
Eal
ON SINGAPORE ¦---
Sungel Bagan
Rubber
Estate
On demand al
ON JAYAMI
On demand
14.81
Foreign.
Official Price 15-18 Foreign, Official
15-1/4
Ltd., $1.40.
#00
Tapah Rubber Estate, Ltd., $1.77}.) Tin Shares
To cla
ON INDIA:-
A3
and demand
Os New YORK:~**
ON BATAVIA:
On demand
83 1/1
ON PARIS
Bank Bills, on demand 1990 Credits, 4 months' sight 1145
10
L
-O-BALOON ---
SCOTS SHARE
On demand
103
ON MANILA:-
57
14
Telegraphic Transfer...
Bank Bills, on demand 28 7 Credits, 80 days' night 29" 3-
3 months 14 Final Afternoon Transactions Tin, Standard, Cash, Closed, Tin. Standard, 3 months, Closed. -Reuter.
3 months 15-5/16
SPELTER
15-3/8
Petaling Tin, Limited; $7.00.
3178
Ordinary,
Official Price 13-15/10
Sungel Luas Tin Dredging. Ltd.. $1.55 c.d.
162
14-1/16
Industrials
Ordinary. Official
14-1/8
Straits Trading Co., Ltd., $25,50. United Engineers, Ltd. (Ordin- ary, $8.40.
Wearne Brothers, Limited, 814.00. Gold
Raub Australian Gold Mining Co., Ltd.. $4.75..
$115
$6,33
$8.35
Note: The above Quotations are in Straits Dollars.
$8.16
H& #171
STOCK EXCHANGE,
Bayer Ballers
SHAREBROKERS' ASSOCIATION Nominal SATURDAY 24.1
DEC.
Bajura Ballers Balegina
$1885
$1390/ 90
H.X. "Books ......... $1480
Ex £13
D (Tod, Brg)...... Bank of East Asia Chartered Banke.... Mercantile Bin "A"
fax
Ex7}
£13
138
Mercantile Bka "C"! N. C. & B. Banks.....
*Insuranom
858
$3
Canton InsurancOS....
210
$489 Union Insurancas.
Underwritars ... H.K. Fires ...
Shipping
$490
170 ote.
11:0
Douglase* *****
$81)
318
Steamboatstarostamm
UID
Indo-China (Prol.)....
$56
Indo-Chinna (Del.).....
24
ima
180/74
وار
Waterboats ........249. Docks, WhaITOS, Godowns, sta B.K. K. Wharves........ `Providenta (old).......................
| Providenta {DeW)..................
H.X. W. Dooks....
Do.
3100 Shanghai Ducks &...... 38 60 New Engineerings 8.
Mining
17/6 Kailan
2.36, Raub
43
Verwunula Gold Vida
7ots. Hong Kong Mios.....
Lands, Hotels, and Bulidings
મ H.E. Hotels
19
SPOT
2117
JAN.-MARCH
6.35 8.15
APRIL-JUNE
$181
4174
#201
131
i
17/8
$3.90
TUESDAY, DECEMBER 27, 1938.
L
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.).
New York, December 23.
SINGAPORE RUBBER
Dec. 22. buyers sellers
28-1/8 28-3/8 28-3/8 28-5/8 23-3/4 29
Dec. 29 buyers sellara
28-1/8 28-3/8
change
unch..
28-3/8 28-5/8
pach.
23-5/8 28-7/8
of 1/8
The market opened with prices unchanged for all deliveries us compared with Thursday's closing quotations.
ין
The market was dull and featureless. Holiday feeling was pre- "dominant. The market will be closed from Saturday, 24th inst, till
Tuesday, 27th inst. inclusive.
Last Sale
Dee 24
104
26.1
461
063
100
17
| Martin, Glen L.
29
$1.70 Canton Ices........
MiscellaneogS
Dairy Faruus
Ch. E'lameals
Spot Forward
20-3/164. 19-11/78d.
-Reuter.
$62
#36
NEW YORK SILVER
New York Dec, 24. Official Price, 42-3/4-Reuter.
BOMBAY SILVER
$90
Market-Quiet."
Bombay, Dec. 24.
Offtake 20 bars.
Ex. rt.
Indian Mint Silver
$148'hai Cutions (8.) .....
H.K. Lands............. $107) Do. 4%. Deltares
***
Shanghai Lands 8. H.K. Banking serrestres Hasiphr 170 sivuvaramer Chinamo Katnim sinoman Cotton Mills $18) Exos (8.) .....................
438
SPOT
APRIL-JUNE
$5
JULY-SEPT.
38.50
LONDON RUBBER
Previous close To-day's, close
change buyers sellers buyers sellers
8-1/18 8-1/8. 8-1/8 -8-3/10
UD 1/16 8-3/16 8-5/16 8-1/4 8-5/16
xp 1/10 8-1/4 8-3/8 8-5/18 8-3/8 up 1/16 Market quiet but steady.
$166
O.All
$102-
51-04
***
$40
| Zoong Sings (8.) ............... Wing On Textilna (8.)
19
51-03
Publin Viitte
51-01- -Reuter.
217
317.05
4
Truzways cyanet
801
Peak Trama (old)...... 30
:31
BJJ
Peak Trama (294W)...............
71
Star Ferri
717
1927
Y'ati Ferries C.B
$221
10.
$9.05/6...
China Lighta (V.) ......]
Rta.
13 But
|ikana Lights
an
$377
$10:0
H.K. Electrics
an
25.4
$174
Hlačno Electrics mo.........
ار
Sandakan Lights.........
::
NEW YORK COTTON
The market early advanced on higher. Liverpool prices, covering by 'shorts, and scattered, locsi and foreign buying. Later, prices moderately declined on liquidation, and hedge-selling, and the mar- ket finally closed steady on some trade buying.
NEW YORK RUBBER
More activity was witnessed in to-day's session, with prices pro- gressively hardening on higher London cables, professional and Com- mission House buying, better Wall Street sentiment and more factory interest.
23
Telephones (old).........................
STOCKS
Last Sale
Dec. 22
5.6) Telephones (new).................
21/3
25/0 Tractions (pref.)
CHICAGO WHEAT
Trading in the Wheat market was also more cheerful and prices moderately advanced on firm foreign markets, professional buying and favourable cash demand.
:
:
38
171
Montgomery Ward
Construction# (DOW}....
IDEJA.......
201
at. Dairy Products
49
Nat. Distillers
107
National Gypsшn
1471
National Load
87
Nat. Power & Light
121
Nat. Supply Corpn.
341
New York Central
40%
N. American Aviation
3+*
71
Northern Pacific
19
181
Pacific Lighting
751
31
31
301
Phelps Dodge .......
11
Phillips Petroleum
39
Public Service of N.J.
51
Pure Qu
882*
Radio Corpn. of Am.
361
OMelal T.T. Rates
Bhanghai, Dec. 24.
Chrysler Corpn.
821
Columbla Gas & El.
ᏰᎥ .
London
Opening /8.
Columbla 6% "A" pl: .........
30 ⚫
Commercial
57
Republic Steel
Reynold Tabac. "B"
| Schenley Distillers
Schenley, 54% pfd.
Scara Roebuck
Marumans Inv. (Lion.)
Maramane Inv. (B.X.) W Powells
"Bales to Shanghai
fu
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, December 23.
London, December 23. ..
The following quotations are the middle prices at the close of the market in London. All quota tions are subject to confirmation
and no responsibility is assumed for errors in Eränsmission.
Industrials
$14
Cald., Macy. (Urd )S.
421
$13
Cald., Macg. (PIN.JS.
531
351
8151
带套
244
36. 5
$6.**
1051
Constructions (ald)...........) $1 40
J8
N. Y. Commodity Market
Nauyang Tubacco.....
$31
3.HUSE
$7.10
$1,45
261
70A*
CHU.5%, 192503 $ida.
*/.pm
*1.K. Uusi 1% Lusas $106
H.K. Gort, % Loans) $10
+36
H.K. Wing Ut sam
37
*40
S'hai Wing On..................
100
Vibro Piling --****
$6.50
18:
3/0
190 cla
3160
$158
J
(By Courtesy of Messrs. Swan. Culbertson à Frits and S. E, Levy & Company)
New York, December 24.
Prev. To-day's
High
Low
New York Cotton New York Rubber Chicago Wheat Chicago Com Winnipeg Wheat
Mar,
Mar.
Close Close Change
8.37 closed 16.47 closed
- May,
671 611 871 671
up.
May
May
52 521 521 522 627 62 621 #21"
off off
N
Close
NEW YORK COTTON
Opening Closing
Change
Commonwealth & 8. (ord:)
14
Shell Unlon Oil
New York
15-5/8
Јарав
Paris
........
8. Dollars
$18-11/16 $18-21/32
10-21/32 16-9/16 16-1/2 "16-7/18
56-7/8 5.48 -53-3/8 Hongkong ............
Open Market-Selling Rates
Spot December January February
Sterling
Corn Products
Closing Opening 0/8-19/82 0/8-9/10 0/8-19/32 0/8-9/16 0/8-9/16 0/8-17/32 Douglas Aircraft 0/8-33/64 0/8-31/64 Du Pont de Nemours
Spot December... 10-11/16 January ....... 18-5/8
February
C'wealth & 9. 6% cum pf.
45
Socony-Vacuum Oil
Consolidated Edison
30
Southern Pacifc
Consolidated Onl
*
Southern, Rly $5 pfd.
Continental Can
407
Standard Branda
Continental Oil
30%
Stand Gas & Elec.
631
Standard Oll of N.J.
Curtiss Wright (C)
el
Stone & Webster
Curtiss Wright “A”
201
Swift. International
Distillers Corpn. SeagramÓS
191
Technicolor
761
Texas Corpn.
1504
Texes Culf Bulphur
Eagle Picher Lead
13
Trans-America Co...
Elec, Bond & Share ..............
101
20th Cent, Fox.
Elec. Bond & Share $5 pf.
57 *
20th Cent, Fox. $1) pf.
Elec. Bond & Share $8 pi.
621*
Union Carbide & Carbon
QUOTATIONS NOT RECEIVED
War Loan, 31% (Red.
after 1952) Canton-Kloon Rly. 5%
13
Chinese 44% Gold Loan.
1898 (Brit. Lasue).... 77 Chinese 5% Gold Bonds,
1925-47
-75-1/8
Chin. 41% Anglo-French
Loan, 1908
50
£
S'hal Waterworks "A"... 19-1/2* 31-1/2* 97-11/16 Union Insurance
Gula, Kalumpong Rubber 21/3 Allied Ironfounders 19/-* Asso. 2 Elec. Industries 38/6 Austin Motors, ord... 24/0 Jable & Wireless, New
Form, ord. 3.-A. Tob. (bearer)
January (3.929) March (. May .. (..) July 1 (..) October { December (...) *Spot
8.30/30
}
8.37/37
8.20/20
1.93/92
ULOSIND
7.59/59
7.62 B22 N
NEW YORK ROBBER
34
94/44
December March
16.59 N
(1938)
16.47/47
Chinese 6% Crisp Loan,
1912 ..... Chinese 5% Reorg. Loan,
1913 Ldn. Ia.) Chinese 3% Ster. Notes
Sammell Laird, ord.
7/3
May
16.41/43
CLOSED
37-1/2.
Mexican Eagle
5/3
Courtaulds
28/3"
September October
10.48/48
16.47 N
58-1/2
Distillers
89/--
Dunlop Rubber
2/-
1925 (Vickers)
13-1/2
Gen. Electric (England) 78/8
CHICAGO- WHEAT
Chin. Imperial Rly. 5%
Guinness (A) Son & Co. 1047-
Loan
Honan Rly. 5%
Elec. Power & Light 37 p. Elintkote
351
Union Pacific
Hukuang Rly. 5%. 1911... 25
287
United Aircraft
Market-Quiet but steady.
Gen. American Tranı
573.
United Airlines Trans.
Bukuang Rly. 5%. 1911
(German Issue)
ន ឌឌ គ
72
Hawker Siddeley Airo.... 24/~
26
Bristol Aeroplane
22744
May
67/671
Imperial Chemical Ind. 30/11
Imperial Tobacco
129/41
July September
671/671
- 672/071
671/674*** 671/87) 671/67 071/671 671/071
up unich
оп
Marks & Sp'oer "A" ord. 65/14
Thursday's Sales:
10,492,000 bushels.
Merchant Rates
Gen. Electric
421
United Corpn.
Sterling
US. Dollars
Silver Duty Rate
The Central Bank of China's rate on London at 10 am. to-day was 1/2-1/2d.. unchanged from Saturday.
The Equalisation rate was st per cent. Reuter.
New York Exchange
New York, Dec, 24. T.T. on Londen (Opening Rate), 3.66-1/2-Reuter.
Goodrich $5 pt. Goodyear Tire & Co.
0/8-1/2 16-1/2
Gen. MotorS "..
501
Gen. Railway Signal
241
United Corpn. $3 cum pf. United Cas Corpn.....
Glidden Co.
231
United Gas Improvement
Goodrich (BF))
24
US, Rubber
65*
U.S. Rubber $8 pic.
Lung Taing & U. Hai Rly.
6% .................. S'hal-N'king Riy. 5%... Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%
Rolls Royce
109/4/
13-1/4
Leyland Motors
68713
CHICAGO CORN
Tate & Lyle
24
54/41
Turner & Newall
75/11
18-1/2
United Steel
May
521/521
23/6
Smethwick Drop Forg.... 16/6
July
539/531
522/524 521/524 531/531
off
374
U.S. Steei
(German Stpd.)
18
Armstrong Stevens, ord. 8/3
September
54/54
*531/53+ 533/53
off
011
Great Northern Iron Ore ... Great Northern Rly, pfd. 281 Great Western Bugar.
131",
,25
reyhound Corpn
201
Hecker Products
10+
Homestake Mining ..... Int. Nickel
82}
Vanadium
Warner Bros. Plet.
Westinghouse Elec. Woodward Iron Cor.
Chase National Bank National City Bank
55
Tientsin-Pukow Rly. 5% (Brit, Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%
(Ger. Btpd. Supl. Loan) 18 Jap. 5% Ster. Loan, 1907 44-1/2 Jap. 6% Ster, Loan, 1924 54-1/2 Ger. 7% Intl Loan, 1924. · 44 Chartered Bank
Pressed Steel, com.'
14/44
18
Vickers, ord.
WINNIPEG WHEAT
22/3
Woolworths.
57/9
Anglo-Dutch
25/11
Rub. Plant. Invest. Trust 27/11 Burma Corporation Commonwealth Mining. 1/6
December May
0/0
July
601/601 321/624 621/621 621/621 621/63 021/624 621/624
604/80+
off
off
9-1/8
_bid.
1-ex. div.
HK. & 8'hai Bank (Ldn.
Marsman Investments... 167- . Randfontein Estates.......
NEW YORK HIDES: (New Contracts)
39/10
Rez)......
81
1920
High
gaya malas 140 | Rouli
LONDON GOLD
London, Dec. 24. Bar Gall, Fins per az. 149/1. Dollar Parity, 10. premiam.
DOW JONES AVERAGË
"Low for Jonas Averages STASENDAR,98, 10 failustrimis
23 19 19.00 R
Dec, 25, 108, Dia 19. High Lev. 19 141 30
15191 #12 #51,38 al 13 39,11 + 31 33 32,47 2907 91.202.34
H.K. & Shai Bank (Col
Reg.)
Western Holding. Sub-Nigel hue
1279
225/-
March
B4
Tanami Gold Mining..
06.
June
12.84/90 13,20/200
CLOSED
#
Chakra
Moff 89 up
Chinese Eng. & Mining
(bearer)
Anglo-Iranian
85/9
17/6
Burmah......
83/14
Chosen Corporatior
* 7/6
Shell Trans, & Trad.
25.10 1.16 an Triliten
12:0
89.40
4 up 89.919 ap
Pekin Syndicate
2/-
<bearer)
80/71
March
NEW YORK-STRAITS, TIN
40.05b/358
S'hai Elec. Constr. "Co.
5900 $5.00 43 Commodity Index 49.19
25/-.
Nominal.
-+--ex-dividend Reuter
NY Silver, Oficial
42-3/4
NY-L/don Cross Hate... 4,68-3/8°
Closed Unquoted 4.66-5/8
-Reuter
Business Dones-120,000 absros