1938-12-29 — Page 12

Amer. & Foreign Power Amert & Foreign $7 pf.... 16) Amer. Locomotive...

Amer. Rolling Mi

Amer. S'ting and Ring Co. Amer. Sugar Ring... Amer. Tel & Tel. Amer. Tobacco "B" Amer. Waterworks Anaconda Copper

at

Atchison, T. & S. Fe.

Auburn Motors."

Baltimore & Ohio

Barber Asphalt C

Barnsdal Oil .....

Bethlehem Steel

Boeing Airplane Co.

Bank Bills, on demand 1090

Credits 4 months' Night 1145

On Saigon:-

On demand

109

On Manila: ----

57 7/8

On Bangkok -

149)

On demand

On demand"

Sterling Notes:-

Bank Buying Rate

Bar Sliver per oz.

Market Report

... 1/2-1-16

Froni Roza Bros.

20 3/18

The

LONDON MARKETS

CLOSED

guid. silver. metals and stock markets in London were closed on Tuesday.

JAPANESE ARMY

NOTES FORBIDDEN

Linhsten, Kwangtung, Dec. 28. The Kwangtong Provincial Gov- ernment and the Kwangtung Headquarters have jantly lasued eircular

0

order strictly prohibiting the circulation of Japanese army scrip notes.

The prices for Ready Silver drop-Pacification ped 1/16 over the holidays to 20 3/16, but the Forward rate rose 1/16 te 19 11/16. Silver advices reported the market us being quiet but steady Speculators bought American Silver was unchanged at 42 3/4 for Spot.

The London-New York cross- "rute was quoted at 485.50. New York-Lendor was quoted at 466.

1/2

Quiet.

Market

Sterling

There were Sellers at 13 Decem- ber-January. 1/2 31 (32) February- March and 1/2 15/16 April-June. buyers at 1/3 1/32 Cash-January, 1/3 February-April and 1/2 31-32 May-June.

U.S. DollarS

The order threatens any Chinėse. found circulating such notes with punishment as traitors,

Japanese troops are trying . induce the Chinese in the war artas to use such netes-Central News,

H.K. Govt. At Loan, 6 pm. HK. Govt, 34% Loan, par.

Sellers."

Hongkong Bank, $1400.

China Underwriters, 70 cts. Providents (Old), $6.20.

H. & S. Hotels. $81 - Humphreys, 39.

Yaumati Ferries (Qld), $223.

China Lights, $9.70.

H.K. Electrics, $573 Sandakan Lights, $10.60.

Cements, $15).

Dairy Farms, $241. Lane, Crawfords. $8. Constructions. $13.

Sales

H.K. Tramways, $17.20 Watsons. $7,45,

(Prices below ki Phil, Currency)

Antamoks Ps.. 51.

Benguet Consol. Ps., 14.30

NEW YORK STOCK EXCHANGE

STOCKS

Quiet. There were sellers at 29 3/10 December. 23 1/8 January. 29 Adams Express... 1/18 February and probably 20 Alleghany Steel Co. March, buyers at 29 1/4 Cash. 20 3716 January, 29 1/8 February and 20 1/18 first half of March.

Shanghai Dollars

A small business was reported at 175. There were sellers probably at 174.3/4.

Shanghal Market Opened at 8.9/18 with business reported at 8.19/32 for near. The market was a shade easier at the

close with sellers at 8.9/16, 'buyers U.S. probably at 8.37/64 for Spot. Dollars, the highest rate touched yesterday morning was 16 11/16.

Later sellers were

1 5/8 for Spot.

Shanghai Exchange

reported

Oficial TT. Rates

Allis Chalmers

Amerada Corps. Amer. Can

Amer. Metals Co. Amer. Radiator

(Through Reuter's Service)

"

"PAGE_12=HONGKONG DAILY PRESS

MONEY AND EXCHANGE

CLOSING QUOTATIONS SILVER MARKETS

DECEMBER 28, 1938

On Longion:--

Telegraphic

Bank Bilis, on demand}*

Credits + months' sight

On Shanghai:-

On demand

On Singapore: -

On demand

On Japan:-

On demand

On India:-"

NEW YORK SILVER

"New York, Dec. 27 Oficial" Price, 42-3/4.--Regter.

BOMBAY SILVER

Bombay, Dec. 27.

Offtake 15 bars Indian Mint Silver

Market-Qulet

175 am.

Telegraphic Trauster. } 23

and demand

On New York:-

柔

Ready...

51-06 53-05 Jan. 16 Settlement 51-05 51-04 Feb. 14 Settlement... 51-03 51-02 -Reuter.

H. K. STOCK

EXCHANGE

After the rather prolonged holi- day the market opened unex- pectedly steady, with the lower- priced stocks taking the lead in the enquiries. The session was too short for the market to get into Its stride, but closes quite stendy. 'Buyers

Hongkong Bank, $1375... Douglases, $62.

H.K. & K. Wharves, 3115. H.K. Docks (Old), $181. H.K. Docks (New), $17). Providents (Old), $6.35. Providents (New), $8.15. H. & S. Hotels, $6.60.

FINANCE

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

Biyare Bellors

SHAREBROKERS" ASSOCIATION

Galler

Nominal

WED., 28. DEC.

Buyers Sellers

Sales

Samine

$1373 $1400

£81

BOMBAY SILVER

Bombay, Dec. 28. Unofficial Quotations

H.K. Lands, 338.

53 1/18

Ready January 16 Bettlement February 14 Settlement

Market. Quiet.

51-05

HK. Realtles, $5.

182

51-04.

H.K. Tramways, $17.10.

51-02

China Lights, $91.

Watsons, $7.45.

-Reuter.

Entertainments, $8.80.

Bank Bilts, on demand 38 7/8 Credits, 60 days' sight 39 3/8

"On Batavia:—

On demand

On Paris:-

70 cta,

Banks

H.: Bank.

Do." (Col. Rog.)

1o. [Lon. Reg.) Chartered Banka.....

1972 Mercantile B. "A" £13 Marcantile Bks, ""

Bank of East Asia .... IN C. 8. Banks... Insurances

120) Canton Insurances ... 3486 Union Insurance

Underwriters"

$178H:K. Firs

188

#1380

P

EN1

£173

CIJ

#88

#1

B210

$400

170 ata

#150

Shipping

9614

Douglass

$19

$18

Steamboats

sau

Indo-Chinas

(Pret.)

· 856.

124

8017

Sholla

Q

[Indo-Chinas "(Def.)...

Waterboats

Docks, Wharves,

Godowns, etc.

#86/7) ja

THURSDAY, DECEMBER 29,

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONG KONG

1938.

QUOTATIONS

Last Sale

STOCKS

Last Sale

Dec, 27

Dec, 27

1/3 Tractions

nur

H.K. & K. Wharves

#6.35

$6.35

Providenta (old)

$4.15

$4,20

Providents (LOW) ..........

SPOT

1918

H.K. & W. Docks...

$175

Do. (new)

$101

JAN-MARCH

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

New York, December 27, 1938.

SINGAPORE RUBBER

*Dec. 23

sellers buyers

28-1/8 28-3/8 28-3/8 28-5/8

Dec. 29

buyers sellers

change

CLOSIND

100 Shanghai Docks S.

APRIL-JUNE

28-5/8 28-7/8

1560 Now Engineerings 8.

Mining

17/8

Market closed.

17/6 Kaila

$8.90

19.35 Raubs

99

Venezuela Gold Fide

7ots Hong Kong Mines...

Lands, Hotels and

Buildings

$61

$0.60 26 838

H.K. Hotela

H.E. Lands 8.

436

4107) 1. 4% Debentures

SIUM

SPOT

LONDON RUBAKA

Previous close To-day's close

buyers sellers buyers sellers * change

8-1/8. 8-3/18

Shanghai Lands

APRIL-JUNE

8-1/4 8-5/16

UNRECEIVED

#5

H.K. Realties....

JULY-SEPT.

18.80

Humphreys

880

Chinese Estates

}

- Cotton Mills

318)

Ewon (S.)

118)

0.411

፡፡

S'hai Cattons (H.)...

$10%

BICA

$24

Coco. Grove Ps., ".52

5+

Zoong Sing (5.)

$42

Consol. Mines Ps., 003

$40

Wing On Textiles (S.)

Public Utilities

San Mauricio Ps.. 1.82.

United Paracale Ps.. .82

917.10

817:0

Tramways

$17.19

Peak Trams (old)

102

13)

831

| Peak Tramą (new)........

144

8711

[Star Ferries

711

1321

Y'mati Ferries C.R.S

124

832

3221

Do. (now)

8-5/16 8-3/8

NEW YORK COTTON

The market ruled (easy on Southern hedge-selling selling, although January Notices were well taken by the Trade.

NEW YORK RUBBER

Consumers and d factory bought in a quiet trading market with

firm prices.

and foreign

191

$9.70

China Lights (0)

19.60

བ ་

34 Chink Lights

Rt.

CHICAGO WHEAT

8877

R.K. Electrics.

15.1

$17Macao Electrics

28

Sandakan Lights

Telephones (old)

$8,60 Telephones (Daw)

$43

38

25/

Prices were higher on Eastern buying. While sweeping over the unprotected areas of the South-west prompted local buying.

the

cold

wave

25/0

Tractions (pref.)

10)

26

48

¡Ent. Tel. & Tel. Johns Manville Kennecott Copper

9

1:

Industrials

1021

$14

Cald., Macg. (Ord.) 8.

4211

$13

Cald., Maeg. (Fret.) 8.

663

Libbey-Owens-Ford

Glass 523

$1.70 Canton Ice

$1.60

:

"

99

21

Lockheed Aircraft Loew's Inc.

351

$154

Cementi

521

811

Ropes

34

Miscellaneous

N. Y. Commodity Market

Martin, Glen L.

334

8241

Dairy Farms

281:

McKesson & Robbins, $3 pf.

ᎾᎯ 2

37

Monsanto Chemical

1001

911

Ch. E'tainments ...... [Construction. (old)

Sadb

$1 40

171

Montgomery Ward

503

Constructions

(DOW)

20

Sat. Dairy Products

12

Ja

488

Nat. Distillers

267

*

192

National Gypsum

147

$7.45

$7.45

Scores

Watsons

147-

National Load

251

75

871

Nat, Power & Light

Ti

6.pm

Lane Crawfords

Nanyang Tobacco

Ch. G.5% 1925G SEde. IK. Govt. 4% Loans

$3,

(By Courtesy of Messrs. Swan. Culbertson & Fritz and S. E. Levy & Company)

#

$11.40

I

701%

**

8106

128

Nat. Supply Corpn.

134

pax

H.K. Govt. 34% Los

$100

34

New York Central

19%

136

H.K. Wing O

:37

240

S'hal Wing On ...

est

Mar. New York Cotton New York Rubber Mar.

Prev. To-day's High Low Close Close Change

8.36.

8.37 8.33

8.33 .04 off 16.64 18.49 16.47 16.58 it up

394

N. American Aviation

17{

81

Vibru Piling

$8.50

31:

North American Co.

21

ན

Northern Pacific

13

3/0 Marsmaas lav. (H.K.)

181

Pacific Gas & Elec.

291

173

Pacific Lighting

421

751

Packard Motors'

4

317

Paramount Pictures

121

Ehanghai. Dec. 28.1

Borg-Warner

302

Pennsylvania R.P.

221

Opening

15,9 Marsmana Inv. (Lon)

90 sta. Wm. Powells

*Salen to Shanghai

LONDON STOCK EXCHANGE

180 cus

Chicago Wheat - May Chicago Com Winnipeg. Wheat

May

May

521 52

03

·

68# 677 F}} 68+ up

521 521 621 621 821

NEW YORK COTTON

קטן קט

Close

Opening Closing

Change

Biggs M'facturing

201

Phelps-Dodge

411

Latidon

0/8

Brooklyn-M'hattan Trans. 11)

Phillips Petroleum

414

New York

15-5/8

Eklyn-Mhatton s6 cun pf.

38)

Public Service of N.J.

301

(REUTER'S SERVICE)

January March

(1039)

8.30/30

8.25/25

8.28/28

.04 off

>

8.37/37

8.35/35

8.33/34

.0% off

Japan

Paris

Hongkong

56-778 5.48 53-3/C

Canadian Pacific R'way. ...

44

Pure Ol

10

London, December 23.

London, December 23.

May

Case. J.I.

89

Radio Corpn. of Am.

74

Chesapeake & Ohio

351

Republic Steel

23

Open Market Selling Rates

Chrysler Corpn.

BI

Reynold Tobac. “B”.

421

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.

July

October

(...) "(..) (..)

8.20/20

8.16/16

8.15/15

.05 off

7.92/92

7.90/88

7.85/85.

.07 off

"

7.59/59

7,67/57

7.54/54.

.05 off

Sterling

Columbia Gas & El.

61

Schenley Distiller's

154

F

£'

$

December (..) Spot

7.62 N

7.58/58

7.59/59

8.82 N

8.78 N

.03 off .04 off

Opening

Closing

Columbla 6% "A" DÍ.

704

Schenley. 54% píd.

88

Spot

December

0/8-9715 0/8-37/64 Commercial

561

Sears Roebuck

737

War Loan, 34% (Red.

after 1952)

97-11/16

February

0/8-31/04 0/8-1/2

U.S., Dollars

>Spot

February

14-0/14

16-7/16

0/8-9/16 0/8-37/04 Commonwealth & B. (ord.)

January ... 0/8-17/32 0/8-35/64 Cwealth & S. 8. cum pf.

$10-21/32 $13-11/16 Continental Can

December.... 16-21/32

January........

Market-Qulet, but steady.

11

Shell Union Oil

141

421

Socony-Vacuum Of

127

Consolidated. Edison

Consolidated Oil

293

Southern Pacific

100

81

Southern Rly $5 pfd.

321

Canton-Kloon Rly. 5% Chinese 41% Gold Loan,

1898 (Brit. Issue) 77 Chinese 5% Gold Bonds,

-1

18

40

Standard Brands

81

1925-17

75-1/8

18-21/32 Continental Oil

30

Stand Gas & Elec.

31

18-19/32 Corn Products

631

Standard Oll of N.J.

513

Chin. 44% Anglo-French.

Loan, 1908

60

S'hal Waterworks "A"... 19-1/2′′ 31-1/2* Union Insurance. Qula Kalumpong Rubber 21/3 Allied Ironfounders...... 19/- Asso. & Elec, Industries 38/6 Austin Motors, ord........24/0 Cable & Wireless, New

Form, ord. .... B.-A Tab, (bearer)

NEW YORK RUBBER

34

94/41

18-15/32 Curtiss Wright (C.)

63

Stone & Webster

154

Chinese 5% Crisp Loan,

|Cammell Laird, ord,

7/3

December March May September October

Sales for the day:-

16.59 N

(1939)

18.47/47

16.41/43 16.46/48

16.49/49 16.48/48

18.71 A 16.58/60 16.48b/50a

.12 up 11 up

16.47 N

10.49b/53a 16.65 A

07 UD .03 18 up

1,530 tons.

Curtiss Wright "A"

201

Swift International

274

1912

37-1/2

Mexican Eagle

5/3

Merchant Rates

Distillers Corpn. Seagrams

19

Technicolor

211

Chinese 5% Reorg, Loan,

Courtaulds

28/3

Sterling, 0/8-9/16.

Douglas Aircraft

70

Texas Corpn.

45

1913 (Lan. Is.)

56-1/2

Distillers

CHICAGO WHEAT

89.

US Dollars, $18-5/8.

Du Pont de Nemours

150

Texes Gulf Sulphur

311

Chinese 5% Ster. Notes,

Dunlop Rubber

23/-

-Reuter. Eagle Picher Lead

13

Trans-America Co.

61

1925 (Vickers)

13-1/2

Elec. Bond & Share

92

20th Cent. Fox.

25

Silver Duty Rate

Chin. Imperial Rly. 5%

The Central Bank of China's Elec. Bond & Share $5 p. rate on London at 10 am, to-day Elec. Bond & Share $6 p1. was 1/2-1/2d.. unchanged from Elec. Power & Light $7 pl. December 24

56

20th Cent, Fox. $1į pf.

34

Loan

72

61

Union Carbide & Carbon

B01

Honan Rly. 5%

26

Gen. Electric (England) 76/6 Guinness A) Son & Co. 104/- Hawker Siddeley Airc.... 241- Bristol Aeroplane

May

July

September

873/872 871/071 671/671 671/074 671/671

881/68

up

872/671

681/881

568

up

22/44

341

Union Pacific

93

Hukuang Rly..5%, 1911... 25

Flintkate

281

United Aircraft

411

The Equalisation rate was 6 per cent-Reute?.

Gen. American Trans.

571

United Airlines Trans.

114

Hukuang Rly. 5%. 1911

(Derinan Issue)

23

Imperial Chemical Ind. 30/12 Imperial Tobacco *****, 129/4 Marks & Spicer "A" ord. 55/14

Saturday's Bales:-

4,5 16,000 bushels,

CHICAGO CORN

Cen. Miretric

421

United Corp

24

Gen. Motors

491

United Corpn. $3 cum pf. 331

Gen. Rallway Signal

Glidden Co.

Great Northern Iron Ore

Great Northern Rly. pfd.

Great Western Sugar ......

Greyhound Corpn.

Hecker Products

Homestake Mining Int. Nickel

Paris, Dec. 27..

New York Exchange

New York, Dec. 20.

T.T. on London (Opening Rate), 4.66-5/8.-Reuter.

Calcutta Exchange

Calcutta, Dec. 27. T.T. on Japan. 78-5/8-Reuter

Paris Exchange

The UB. Dollar was quoted at

37.245 to 87.96.-Transocean.

Berlin Exchange

Berlin, Dec. 27. The Reichsmark was quoted without guarantee at:-New York, 40.10, Paris, 1521, Amsterdam, 73.70. to 73.75-Transocean.

Goodrich (B.F.)

Goodrich $5 pr.

Goodyear Tire & Co.

DOW JONES AVERAGE

25.19. 15,14 29 Utilibtor -98,70 83.39 40 Bonds

59.00 43.03 11 Jommality Index,

Dec. 28, 1928. Doo, 23. High Low Close Change 161.38 161.74 150.94 180.43 .95 off 12.02 32.16 31.43 $1,65 .47 off 12.00 21.35 21.49. 55 off 22.04 89.60

247

United Gas Corpo

21

221

United Gas Improvement

II

Lung Tsing & U. Hai Rly.

5%

*13-1/4. S'hal-N'king Rly. 5% 24 Tientsin-Pukow Rly, 5%

Rolls Royce

109/44

Leyland Motors .....

08/11

Tate & Lyle

54/41

May

Turner & Newall

75/11

*July":

231

US. Rubber

402

(Brit. Stpd.)

18-1/2

.United Steel

23/8

September.

521/521 53+/53) 532/537

521/521

521/521

531/53) 531/531

544/54)

PAS

up

up

up

65

U.8. Rubber $8 pfd.

1002

36

U.S. Steel

#61

134

Vanadiums

21

28)

Warner Bros. Pict.

-54

25

Westinghouse Elec,

1171

101

Woodward Iron Cor.

241

104

Chase National Bank

03

National City Bank

543

Tientsin-Pukow Ely. 5%

(German Atpd.) ......18 Tientsin-Pukow Rly. 5% (Brit. Stpd. Supl. Loan Tlentin-Pukow Rly.. 5%,"

(Ger. Stpd, Bupl 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

Smethwick Drop Forg

16/8

Armstrong Stevens, ord. 8/3

Pressed Steel, com

WINNIPEG WHEAT

14/41

18

Vickers, ord. Die 22/3

9-1/8

•-bid.

1-x div.

H.K. & 8'hai Bank (Ldn.

Reg.)

81

H.X. & Shai Bank (Cel.

Woolworths -Anglo-Dutch

Rub. Plant. Invest. Trust 27/11 Burma Corporation ...... 8/6 Commonwealth Mining.. 1/01 Marsman Investments... 10/- Randfontein Estates Western Holdings Sub-Nigel .....

Li

57/9

25/11

December May July

601/601

011/611 624/623 621/621 621/621 621/621 621/63 631/834

i 'up

up

up

39/101

-12/9

225/-

March

June

NEW YORK HIDES; (New Contracts).

12.84/90 12.75b/90a 12.82/85 13.20/20 13.15/15 13.24/24.

193月

High

Low Dow Jones Averages 159.41 98,95 30 Industrials

83.19 19.00 20 Raile

Reg.)

84

Tanami Gold Mining......

6d.

Chinese Eng. & Mining

(benter)

Anglo-Iranian

88/0

17/6

Burmah

83/11

Chosen Corporatior

7/8

Shell Frans, de' 'Trad.

89.52 :07 off

Pekin Syndicate

2/-

(bearer)

80/71

March

NEW YORK-STRAITS TIN

46.05b/35a

S'hai, Elec. Cqnstr. Co.-.

25/-

NotireRL.

-ex-dividend.

--Reuter

NY Bilver. Oficial

42-3/4 NY-L'don 'Cross Rate... 4.65-5/8-

46.10b/45a46.25b/50a

42-3/4

4.88-1/2

Business Done;-),247,000 shares