PAGE 12--HONGKONG DAILY. PRESS
MONEY AND EXCHANGE
LONDON METALS
EXCHANGE
$7.10
837
$5.85
881
1221
$9.70
3571
$17
8.7
110
JANUARY 11. 1939
STOCKS
$231
Last Sale
Jan. 11
101
Int.. Tel. & Tell
31
251
Johns Manville
101
431.
Keanceott Copper
40
37}་
Libbey-Owens-Ford Glass
511
991
."
Lockheed Aircraft..
311
$17 $16.80/73
31
Loew's Inc.
501
Ameri & Foreign $ pf....
171
Martin, Glen I.
321"
#24 124.90
Amer. Locomotive
271
McKesson & Robbins, 3 pt. 1073
$7
Amer. Metals Co.
371
Monsanto Chemical
491
1
Amer, Radiator
161
Montgomery Ward
121
201
at, Dairy Products
27
Last advices indicated Amer, S'ting and R'Ing Co.
UA. Amer. Sugar Ring
197**
Nat, Distillers
15
211"
National Gypsum
25+
sa.ro,
1507
National Loud
81
.881.
Nat. Power & Light ...
14
13]
Nat, Supply Corpn.
201
61.pm par
331
New York Central
··174
381
N. American Aviation
23
4
North American Co.
131
Baltimore & Ohio
71
Northern Pacific
291
3/0
Barber Asphalt C
20,
Pacific Gas & Elec.
431
Paris Exchange
STOCK EXCHANGE
CLOSING QUOTATIONS
On London:
JANUARY || 1939.
Bank Bils, on demand Credits 4 months' sight
On Shanghai:-
Paris. Jan. 10. Sterling was quoted at 176,90 to 177.00; U.S. Dollar at 37.89 to 37.01.
-Transccean
London, Jan. 10. COPPER
buyers C
Standard, Casn 43-1/2 Standard.
Bayer sellers £ 43-5/8
Ballara
Bales Nominal!
WED., 11. JAN.
Rapore Belle
مولعة
Jamina
Banks
$1430
Telegraphic Transfer.
|01412 /16...
I.K. Banks
$1440
} 19/2
Berlin Exchange
IBI
On demand
173 D
On Singapore:-
On demand
JA
Berlin Jan. 10. The Reichsmark WIS quoted without guarantee at:-New York. Standard, Cash 216-1/2 10.03: Paris. 1523: Amsterdam, | Standard 73,875 to 73.725: London, 11.6525.- Transocean.
3 months 43-3/4 Electrolytic 48-1/2
43-13/10 46-1/2
D. (Col. Reg.)
£80
Ds. (Loa. Reg.)
£-g
上海
TIN
210-3/4
£13
188
Hunk of East Asia
Chartered Banks
£7 Mercantila, ks. A
Mersatile BIL "C".
201
£13
暮ら
3 months 217-1,
LEAD
217-3/4
On Japan:--
$200
On demand
100
On India
23
On Batavia:
Un demand
On Paris:-
Da 1/18
Bunk Bills, on demand PO
·Credits 4 months' sight 1140
Spot
Telegraphic Transfer.
and demand
On New York-
Bank Bills, on demand 28 15/16 Credits, 60 days sight 7/18
SILVER MARKETS
LONDON SILVER
London. Jan. 10.
Silver-Speculators sold India
bought Market steady. In the Ordinary, afternoon, the market was very
Oncial Price 13-7/16 quiet, with small sellers at the Ordinary, Official. rate.
Foreign,
$470
Official Price 14-5/8 Foreign; Offcial
14-3/4
To ota.
3178
3 months 14-7/8
SPELTER
15
264
£65
13-1/2
Forward
20-5/16d. 19-15/18d.
3 months 13-11/16 13-3/4 Final Afternoon Transactions
+
N. .& 8. Banks
Instrances
Canton Insurances ...
Union InsuPLACES ... Underwriters
H.E. Fires
Shipping
Douglass Stearn bonts Indo-Chinas
indo-China
81/10 Shella
· Waterbosta
(Prof.) (Def.)...
Docks. Wharves.
Godowns, etc.
$110
..:
$130
$64
$15
$30
B24
81/10)
$9
-Reuter
On Salzon:----
On demand
100
||
On Manila: -----
On demand
NEW YORK SILVER
New York, Jan. 10. Offelal Price, 423.-Router.
Tin. Standard, Cash, £217 value. Tin. Standard, 3 months, paid and sellers.--Reuter.
116
£218
$2.35
K. & K. Wharres Providenta fold) ....... $8.15 Providenta (new)...
$116
$475
70 18.
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.).
New York. January 10.
SINGAPORE EUDBER
January buyers sellers
January 10 buyers sellers
$4.35
SPOT
$0.20
'APRIL-JUNE
8181
LONDON GOLD
171
H.K. & W. Dock...
Do: (new)
$164
31.73
"On Bangkok --
"On demand
1424
Sterling Notes:-
Bank Buying Rate
Bar Silver per os.
(81 ta 20 5/18
Market Report
BOMBAY SILVER
Bombay, Jan. 9. Indian Mint Silver Market Quiet Offtake, 25 bars. Ready
52-02 52-02 Feb. 14 Settlement... 51-15 52-00 March 17 Settlement 32-07 52-04
-Reuter.
BRITISH NATIONAL
Reuter.
CHINA'S CREDIT
NOT IMPAIRED CR From Rora Bros.
Chinese Government revente has Silver prices wero unchanged
not been affected by the loss of yesterday, the quotations remain-
the Chinese Maritime Customs re Ing at 20 6/16 for Rendy and 19
ceipts, which are now being de- 15/16 for Forward. Sliver advices
posited with the. Yokohama Specie reported India as having bought
Bank, according to local Chinese and speculators as having sold.
to financial circles. The market closed quietly steady £518.047,998 against £508,164, All international financial ob- with sellers at the quoted rate. 323 a year ago. Total expend!-ligations secured upon the Customs American Silver was quoted at 42 ture, less self-balancing items is receipts, continue to be met by the 3,4 for Spot.
£767.715.416, against £678,801,065 Chinese Government without de-
alt, it is stated. at a corresponding date of 1938
The London /New York croES- rate was quoted at 467.43. Nex York /London was quoted at 487. 1/16
Quiet.
Market
Sterling
Some business was reported at 1/3 for February. The market closed with sellers at 1/3 January. 1/2-31/32 February April · and 1/2 15/16 May June, buyers ot 1,3 1/32 Cash, 1/3 February:/April and 1/2 31/32 May June.
09. Dollars
Sellers, at 29 1/8 January, 23 1/16 February and 29 March, buy-
INCOME LONDON,, Jan. .11 (BWB) Exchequer returns show that total ordinary revenue"
amounts
1
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express Alleghany Steel Co. Allis Chalmers Amerada Corps. Amer, Canı
ers at 29 1/4 Cash, 29 3/18 Jan-Amer. & Foreign Power uary and 29 1/8 February.
Sellers at 177 1/2.
Shanghai Dollars
Shangha! Market
Sterling opened with sellers at Amer. Rolling Mill
8. 29/64
sellers at 8. 27/64 for Spot. Dollars market opened with sel lers at 18 15/32 for Spot and clos- ed with sellers at 14 13/32 for Spot.
Shanghai Exchange
Official T.T. Rates.
Amer. Tel & Tel Amer. Tobacco "B" Amer. Waterworks Anaconda Copper Atchison, T. & 8, Fe, Auburn Motors...
(Through Reuter's Service) · QUOTATIONS
Last Sale!
Jan. 1
London, Jan. 10. Bar Gold, Fine per oz. 149, Dollar Parity. Id. premium.
$3
$100 'Shanghai Docks 8.
15.0 Now Engineering 8.
Mining
17% Kailans .....
5 Raubs
Venezuela Gold Fide
otaong Kong Mines... Lands, Hotels and Buildings
I.K. Hotels........... H.K. Lands ..........
$107) Do. 4 Debenture 10.40 Shanghai. Lands
II.K. Realties Humphreys
Chinone Estates
#101
$31
17/8
$8.90
3
JULY-SEPT.·
change
27-3/4 28
unch.
23-1/4 28-1/2
28-1/4 28-1/2 28-1/2- 28-3/4 28-1/2 29-3/4.
The market opened 1/8 of a cent lower for all deliveries as-com- pared with Monday's closing rates.
Quiet conditions prevalled early in the morning. Fair enquiries for "spot" Rubber by consuming countries failed to stimulate specula- tive buying interest to any larger extent, and such business as was transacted, was chiefly attributed to trade-accounts.
Later in the session prices registered a slight decline of 1/8 cent for all deliveries due to some liquidation.
However, during the last trading hour the market recovered this slight set-back, closing with a steady undertone.
FINANCE
HONGKONG SHARE QUOTATIONS
SHAREBROKERS, ASSOCIATION
THURSDAY, JANUARY 12, 1939.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
27-3/4 29.
:
$7.10
137
BILD
:
4
193
Cotton Mills
C.R.
18.30 Eos (8.)
#
:
80 Shat Cottons (8)
Sa+
Zoong Sings (S.)....
$10
Wing On Textiles (9.)
::
$17,00
***
$
Publie/Utilities
Tramways
Peak Trams (old)...
Peak Trams (new)
8.2 Star Ferries
9:21
$8.95 China Lights It.
11.K. Electrics....... Macao Electrics ..... Sandakan Lights Telephones (old)
13.60 Telephones (cow)
'mali Ferries ()"
Do. (new)..
**** $2
China Lights (9.
jem, rta
$8.90 $3,55 Kid.
¥58
2/-
21,3
Tractions
25,0
Tractions (prof.) Industrials
$14 $1.70
$14 ¡Cald., Macg. (Ord.) 8.
Cald., Marg. (Fref.).S.
Canton Ices
Cements
$16.7
Ropas
liscellaneous
Dury Farm
རྒྱུ་བ
84)
Shanghat, Jan. 11.
Barnsdall Oll ....
183
Pacific Lighting
Ch. C'tainments -... Constructious Constructions (new) Lane Crawforda ............ Nanyang Tob2000 Sinceres
Watsons
78% Ch. G.5%, 19250 $Bdı.
K.K. Gort. 4% Loans
H.K. Gort. 31% Loan
H.K. Wing On
'hai Wing Oa
0.60 Vibre Piling. 16,9 Maramans Inv. (Loh.) Maramans Inv. (HK)
90 cta, Wm. Powells *Sales
(old!
1. !
$1.00
344
$24.20
$16.20
$10% *.+ $12
SPOT
APRIL-JUNE
JULY-SEPT........
OCT, DEC.
17.60
>31
LONDON RUBBER
Previous close To-day's close buyers sellers buyers sellers 8-1/16 9-1/8 8-1/18 B-1/8 8-9/18 8-1/4. 8-3/16 8-1/4
change
unch.
..... 8-1/4
8-3/10 8-1/4 .8-3/8
8-5/16 8-3/8 2-5/18 9-7/18
'Market quiet but steady.
Rubber stocks held in the United Kingdom showed a decrease of 483 tons for the week ending January 9. 1939
NEW YORK COTTON
"The market early was higher un good "Liverpool advices but reacted on New Orleans selling and fiquidation, while the trade were the principal buyers.
NEW YORK RUBBER
The market was erratic, with some evidence of speculative buy ... · ing on small Dutch exports.
CHICAGO WHEAT
The market was lower on poor export demand. a lower Liverpool market and, favourable weather conditions in the West.
$8.20
70%
$106
ཨཏྟོན ་8དྡྷིཛྫིཏྟཝཧཱུྃ
N. Y. Commodity Market
190 ot.
to
Shanghai
High
Opening
Bethlehem Steel
761
Packard Motors
131
New York Cotton
Mar.
London
New York
Jaipain
Paris
0/8
Boeing Airplane Co.
314
Paramount Pictures
22
15-5/8
Borg-Warner
281
Pennsylvania R.R.
403
LONDON STOCK
I
EXCHANGE
New York Rubber
Mar.
10.25
Chicago Wheat
May
69.
56-7,8
Biggs M'facturing
287
Phelps-Dodge
411
5.48
Hongkong
Open Market---Selling Rates Sterling
53-3/8
.
Spot January February
Brooklyn-M'hattan Trans, 117. B'klyn-M'hattan $8 cum pf. 39 Canadian Pacific R'way. ... Case, J.I. Opening Closing Chesapeake & Ohio 8/8-29/64 0/8-27/01 Chrysler Corpn. 0/8-29/64 0/8-27/64 Columbia, Gas & El 0/8-27/64 0/8-25/84 Columbia 6 "A" pr
Phillips Petroleum
321
Public Service of N.J.
351
'(REUTER'S SERVICE)
Chicago Com Winnipeg Wheat
-May May
52%
621
(By Courtesy of Messrs. Swan, Culbertson & Frits and 8. E. Lavy & Company)
Frey. To-day'ı » Low "Close Close Change. 8.34 8.25 8.30 8.28 .02 off
unch. 18.11b 18.11
521 + off 32
off
16.10
691 087
.69
.524
53
511 02.
51
Pure Oil
101
London, January 10.
NEW YORK COTTON
901*
Radio Corpn. of Am.
73
371
Republie Steel
...
231
443
791
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 transmisslop.
Close Opening
Closing
Change
7
Schenley Distillers
181
January (1939)
3.25 N
8.25b/30a
8.24 N
.01 of
£
£
75 *
Schenley, 5`pid.
71
War Loan, 34%
(Red.
Commercial use
548
Seara Rochuck
721
after 1952)
98
U.S. Dollars
Commonwealth & B. (ord.)
13
"Shell Union Oli
141
Spot
January
$16-15/32 16-13/32
10-3/8
February............
Market-Quiet.
16-7/16
16-11/32
Merchant Rates
Sterling, 0/8-9/8.
US Dollars, $15-5/16.
Continental Oll
Corn Products
Curtiss Wright (C))
-Reuter. Curtiss Wright" "A"
C'wealth & 8. 6%. cum pl.
48
Boçony-Vacuum Oll
131
Canton-K'loon Rly. 5% 19 Chinese 41% Gold Loan,
Qula Kalumpong Rubber 21/101 Allied Irunicunders...... 18/9 Asso. & Elec. Industries 38/3 Austin Motors, ord,
25
March ( May July
8.30/30
8.34/33
8.28/29
.02 off
J
(
8,05/05
3.08/08
8.02/02
.03. off
(
7.80/82
7.83/83
$7.78/78
.02 off
Consolidated Edison
314
Southern Pacific
191
16-9/32
302
Consolidated Oll
91..
Southern Rly $5 pfd.
1898 (Brit, Issue)...... 75 -Chinese 5% Gold Bonds,
October (..) December (..
7.33/33
7.35/35
1.30/30
.03 off
7.36/38
7.38/37
7,33/33
.03 of
Cable & Wireless, New
Form, ord.
Spot
8.80
8,78
-.02 off
Continental Can
421
Standard Brands
423
1925-47
70
B.-A. Tob. (bearer)
401 95
1.
29
Stand Gas & Elec.
7
Chin. 41% Anglo-French
"
Cammell Laird, ord.
NEW YORK RUBBER
65!
Standard Oil of N.J.
31
Loan, 1908
65
Mexican Eagle
7/41 E
61
Stone & Webster....
511
Chinese 5% Crisp Loan,
Courtaulds
27/3
251
Swift International
157
1912
36
Distillers
271.
87/9."
March May
1939)
Distillers Corpn. Seagrams 194.
Technicolor
Chinese 5% Reorg. Loan,
Dunlop Rubber
23/8
Beptember
211
London Exchange
Douglas, Aircraft
711
Texas Corpn."
1913 (Lan. 13.)
52
Gen. Electric (England)
75/9
452
Du Pont de Nemours
150
Texes Gulf Sulphur
Chinese 5% Ster. Notes,
Guinness (A) Son & Co.
105/6
October December
16.11b/142 16.11b/14a 16.14/14
18.11b/162. 18.14b
18.07b/20a 10.08/05
26.11/11
18.11/15 16.126/15a 16.18/18
unch.
uzich.
02 off
05
נן
16.15b/188
.01
up
31
London, Jan. 10.
Eagle Picher Lead
121
Trans-America Co.
1925 (Vickers)
13
Closing mean rates were as fol-Elec, Bond & Share
lows:-
111
20th Cent, Fox.
71
Chin. Imperial Rly. 5%
24
Elec. Bond & Share $5 pt.
58 *
(20th Cent, Fax. $14 pl.
Loan
321
Paris, 177-11/84.
New York, 4.601.
Montreal, 4.71).
Elec, Bond & Share $8, p.
64
Union Carbide & Carbon
Honan Rly, 5%.
872
Elec. Power & Light $7 pf.
381.
Union Pacifc
Hukuang Rly, 5%, 1911. 2
* 288
Hawker Siddeley Airc.... 23/4
Bales for the day:-
1.010 tons
Bristol Aeroplane
22/9
72
Imperial Chemical Ind... 30
CHICAGO WHEAT
Imperial Tobacco
130
Marks & Sp'cer. “A” ordi
Funtkote
281
United Aircraft
Hukuang Rly. 5%, 1811
Rolls Royce...
373
65/6 110/44
Bombay, Jan. 9.
Brussels, 27.651. Geneva, 20.87, Amsterdam, 8.59).
Milan, 881.
Berlin, 11.054.
Oslo, 19.901.
RiD, 3-1/16, Bombay, 1/5-15/186,
Other rates were unchanged.— British. Wireless,
New York Exchange
New York, Jan. 10. TT. on London (Opening Rate). 4.67-1/4-Reuter.
Calcutta Exchange
Calcutta, Jan. 10.
T.T. on Japan, 18-5/8--Reuter.
India Rupee Paper
Govt. 34 per cent. Rupec, 98-04-0.
Homestake Mining Int. Nickel
Gen. American Trans.
581
United Airlines Trans.
(German Issue)
Leyland 'Motora
21/3
.12
Gen. Electric
411
United Corpn.
Lung Tsing & U. Hai Rly.
Tate & Lyle ....
May July September
691/69
69+/691
687/681 69/69
701/70
69/687: 891/00 70/201
off
ok
of!
31
57/14
Cen. Motors
481,
United Corpn. $3 cum pf,
351
Gen. Rallway Signal
251
United Gas Corpn.
3
Glidden Co.
23
United Oas Improvement
117
Goodrich (B.F.)
221
US. Rubber
484
Goodrich $5 pl......
64
U.S. Rubber #8 pfd.
99
Goodyear Tire & Co.
341
U.8. Steel
67
Great Northern Iron Ore ....15)
Vanadium
284
Great Northern Rly, píd. 28
Warner Bros. Pict.
61
Great Western Sugar ......
251
Westinghouse Mec.
.114
Greyhound Corpn.
181
Woodward Iron Cor.
251
Hecker Products
101
Chase National Bank
327*
624
National City Bank
254"
54
5% B'hal-N'king Rly. 6% 24 Tientsin-Pukow Rly. 5%
(Brit. Stpd) Tientsin-Pukow Riy. 5%
(German 8tpd.)....... Tientsin-Pukow Rly. 6%
(Briť. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%
(Ger. 8tpd. Bupl. Loan) 16 Jap. 5% Bter. Loan, 1907 414 Jap. 8% Ster. Loan, 1924. 191 Ger. 7% Intl. Loan, 1924 401 Chartered Bank
14
Turner & Newall
76/71
Monday's Bales:
11,885.000 bushels
United Steel
Smethwick Drop Forg...
22/0
16/9
CHICAGO CORN
16
Armstrong Stevens, ord.
&
"
Pressed Steel, com.
May
52/527
527/52
523/52)
15/4
16
Vickers, ord.
July
54/54
532/53%
$31/531
Woolworths
September
55/55
541/541
543/541
18
Anglo-Dutch
69/0 25
8/9 Commonwealth Mining.. 1/6
Rub. Plant. Invest. Trust 27/8 Jurma Corporation
WINNIPEG WHEAT
COLDER
May
621/621
621/62
62/62
од
Marsman Investments...
16/9
July
621/62# 821/02
621/621
unch.
Randfontein Estates
39/41
"October
627/027
621/621
unch."
91
Western Holdings
12/1/
bid.
Janez div.
HK. & 8'hal Bank (Ldn.
Reg.)
89
Sub-Nigel pentheunnsansocont 239/4+
Tanam! Gold Mining...... 6d.
DOW JONES AVERAGE
HK. & Shal Bank (Oui,
Reg.)
Anglo-Iranian
91/3
.March
89
Burmah
8218
June
1934
Jan. 0, 193D
High
Low Dow Joges Averages, FÖR41 9805 Indinstrials
84.33 19.00 10 Ralle
Jan. 4 High Low Cline 150,19 151,32 154.04 180,49
Chance
Chinese Eng, & Mining
(bearer)
NEW YORK HIDES: (New Contracts)
12,38/30 12.38/37 12.23/23 12.70/12 12.70/62. 12.80/60
Sken · Třáns.
TTEL
17/6
.20 po
(bedret)
#1/10%
32.50
25.19 1.14 20 Utili
93.07
31.96 31.35 3245 23,44 22,10 $1,11
.04 of
Chosen Corporatior
7/-
NEW YORK-STRAITS TIN| .
*-Nominal.
14 dp
Pekin Syndicate
2/4*
W
92.70 83.39 40 Bonds
90.76
1 d
50.00 45.03 11 Commodity Index 49.84
-Reuter.
Basin
$7.99 Dono:-710,000 sharos
.25 of
S'hal Elec. Constr. Co."!
S'hal Waterworks "A"... 191* Union Insurance 304*.
i-ex-div
25/-
March.
-Reuter
NY Silver, Omcial.... 42-3/4 NY-L'don Cross Rate... 4.87
46.60b/58 48.50b/804 46.65b/80ä
42-3/4 4.87-1/18