1939-01-14 — Page 12

On demand

63 1/10

On Paris:-

V

Bank Bills, on demand. 1090

New York Exchange

Ready

· Credits 4 months' sight 1140

On Salzon:-

On demand

T.T. en London

New York, Jan. 12.

Opening Rate),

February 14 Settlement....

עין.

4.67-1/13-Reuter

March 17. Settlement..................

Market-Quiet.

PAGE 12-HONGKONG DAILY PRESS MONEY AND EXCHANGE

CLOSING QUOTATIONS London Exchange,

JANUARY 13, 1939..

London, Jan. 12

SILVER MARKETS

LONDON SILVER

Closing mean rates were as fol-steady. In the afternoon,

lows:

On London:

Telegraphic Transter.

} 12/2

Parts, 177-3/18. New York, 4.87-1/16.

Bank Billa, on demand Credits 4 months' sight 1/ On Shanghai:

On demand

On Singapore:-

On demand

On Japan:

On demand

On Indian

5 8 8 8 8 8 8 5

Telegraphic Tronster.

and demand

On New York:--

173 nom

DJA

་

1081

Bank Bills. on demand 28 15/16 Credits, 60 days' sight 29 7/16

On Batavia:-

NEW YORK SILVER

London, Jan. 12. Silver-India bought, Specula- Market Lors bought and sold.

the market was quietly steady, with buyers at the rate and sellers 1/18

'STOCK EXCHANGE

Bayer Bellar

Bal Xominal

FRIDAY 13. JAN.

Bapers

Fabere

Hansemina

$1400) $1430) $1420

over.

Spot

Forward

20-3/8d. 19-15/16d.

2851

-Reuter.

Amsterdam, 8.59.

New York, Jan. 12

Official Price, 427-Reuter.

:

BOMBAY SILVER

Bombay, Jan. 12"

Market-Steady. Offtake 20 bars

Indian Mint Silver

364

Ready

52-01 52-04

eis 188

Renk of East Asia.. IN, C. & B. Banks...

Insurances

9210

70 cta.

3178

Doogises

318

155

器专

81/3

19

Waterboata

Indo-Chinas (Del.)...

Sheil,

Docks. Wharves,

Banks

H.K. Banks

Do, (Col Reg.) .....

Da. (Loa, Bag.) Chartered Banka ..... Ea7 Marcantile Bks. "A" Marcantile Bk. “O”

#1430

EST

1963.

Canton Insurance ... $470 | Union Insurances

Underwriters

H.I.. Fires

Shipping

13

$210

$465

444

70 ct..

$150

$64

.::

Steamboats

Indo-Chinas

(Pret.)

Montreal, 4.71.

Brussels, 27.841.

Geneva, 20.671..

Milan, 88.3.

Berlin, 11.631

Oslo. 19.90.

Prague, 1361.

Belgrade, 200.

Buenos Aires, 20.401.

Montevideo, 183.

Bombay. 1.8-59/844.

Other rates were unchanged.-Feb. 14 Settlement... 51-15 52-02

Mar. 17 Settlement 52-03 British Wireless.

FINANCE

HONGKONG SHARE QUOTATIONS

SHAREBROKERS- ASSOCIATION.

SATURDAY, JANUARY 14, 1939.

PAYNE & CO.

COMMODITY BRÖKERS STOCK EXCHANGE BUILDING

HONG KONG

52-04 Bombay, Jan. 13. Unofficial Quotations

Godowns, etc.

2118

SPOT

52-04

$116

52-02

$8,30

K. K. Wharyen Providente (old) ......

$8.35

APRIL-JUNEL ... #...............

27-3/4 28-1/4

#8,15

52-04

#6.15 Providants (new)

JULY-SEPT.

$18)

On Manila:-

On demand

-Reuter.

#171

H.K. & W. Docks...

Do. (new)

$18

$171

L:

0101

On Bangkok-

On demand

eg

Sterling Notes:-

Bank Buying Rate

Bar Silver" per ca.

03-1814 20.3/8

k

Paris Exchange

India Rupee Paper

Govt. 31 per cent. Rupee, 98-05-0. -Bepter.

:

Bombay, Jan. 12

BROKERS LOANS

New York, Jan. 12.

Loan on securities to brokers in

New York:---

Week-ended

Week-ended

Mining

$9.35" Raub

$3

$100 Shanghai. Docks $.

15.50 Now Engineering 9.

17/3 Kilan

Venezuela Gold Fide

eta, Hong Kong Mines... Lands, Hotels and

Balldings

HK. Hotels

$31

k

17/3

38.90

$3

***

81/3

B$

017

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

New York, January 12.

January 13 buyers sellers 27-1/2' 27-3/4

SINGAPORE RUBBER

January 11 buyers sellais

28.. 28-1/2 28 28-1/4 28-1/4 28-1/1

change off 1/4

off 1/4

off. 1/4

In sympathy with easter, advices received from New York the market opened 3/8 of a cent lower for all deliveries as compared with Wednesday's closing quotations,

Quiet conditions prevailed throughout the day. Only a moderate demand for "actuals" by consuming countries was in evidence, whilst dealers and speculators were disinclined to operate either way to any larger extent.

Subsequently, prices declined by 1/8 cent for all deliveries due to some profit-taking and liquidation, the market closing with a quiet undertone...

1

LONDON RUBBER

4

28-1/2 28-3/4

$9.80

$3.8) 3

$67. 158

$133

$10

$234

STOCKS

Last Sale

Last Bale

Jan, 12

Jan. 12

10

| Int. Tel. & Tel

81

Alleghany Steel Co. Allis Chalmers

241.

Johns Manville"

98

42

Kennecott Copper

39

68 1

Libbey-Owens-Ford

Glass

501

in the morning at 20 3/16 for Jan-Amer. Can

97

"Lockheed Aircraft

301

$18.90

Market

Répon

From Bozz Bros. The price for Ready Silver rose 1/18 yesterday to 20 3/8 but the Forward rate was unchanged at 19, 15A18. Silver advices reported the market as being very quiet

There were sel and featureless.

Paris, Jan. 32.. "Sterling was quoted at 177.10 to 177.20 US Dollar at 37.90 to 37.92.)

-Transocean

Berlin Exchange

The Reichsmark

Berlin. Jan. 12.

quoted was

lers at the quoted rate, buyers bid, without guarantee at:-New York. 1/18 lower. American Silver was 10.09; Paris. 1524: Amsterdam. 17.74 quoted at 42 3/4 for Bpot.

to 73.77: London, 11.745.

The London /New York cross- rate was quoted" at 487.08. New York /London, was quoted at 467. 1/4.

Quiet

Market

Sterling

A small business was done at

1/3 for Cash. The market close

at 1 p.m with sellers at 1/2 31/32 January /February probably

-Transocean.

NEW YORK

March and 1/2 15/16 April June, buyers at 1/3 for near and 1/2) Adams Express 31/32 April1 June.

U.S. Dollars

A small business was done early Amerada Corps.

LONDON GOLD

London, Jan, 12. Bar Gold, Fine per oz. 148/91. Dollar Parity, 1/2d. premium.

STOCK EXCHANGE

(Through Reater's Service) QUOTATIONS

JANUARY 13, 1939

STOCKS

7.10

5/1/39 $717,000,000

12/2/39 $704,000,000

-Reater

#382 #37

H.E. Londo

.8.

$1071 Do. 4% Debentures

| 9105)

091

Shanghai Lande

:'E

8.

$5.85

EL.K. Realtion

Humphreys

16

Previous close

18/0

Chinese Estates

Cotton Mills

Ewus (S.)

buyers sellers

To-day's close buyers sellers

change

#2

ta

$16.20 $102

100 S'hat Cottons (8.)

124

$40

Zoung Bings (9.) .... Wing On Textiles (8.) Public Utilities

SPOT APRIL-JUNE

JULY-SEPT.

8-1/16 8-1/8 &

8-3/16 8-1/4

8-1/8

of 1/16

8-178

8-3/10

off 1/16

8-1774

8-5/16 8-3/16

8-5/16 of 1/18

11

-Reuter.

$170817,70)

F

$1

**S

Tramways

Paik Trama (old) ....

Star Ferries

Y mati Ferries" (0)

Do. (new)

B. Cbina Lights (0)

Chins Lights fits. H.K. Electric

Macao, Electrica...... Sandakan Lights

Telephones (old)

$17.60 OCT.-DEC.

$3)

8-5/10

8-3/8

8-1/4 8-3/8

of 1/16

Market dull.

Peak Trams (now)

NEW YORK COTTON

The market was higher on bullish Liverpool cables and on for-

eign buying of distant months and the trade buying nears.

Spot houses also bought. A cautious attitüde continues.

NEW YORK RUBBER

Later.

The market was quiet and narrow, with fair, consumer interest.

CHICAGO, WHEAT

Prices advanced on arm overseas advices, with the trade awalt- 16.0ing the foreign political situation.

132

$8.80

63.55

まちか

རྞ་;

8,80

Telephones (nwr)

25,0

Tractions

29,0

Tractions (pre!.}

Industrials

314

Cald., Macg, (Ord.) 8.

$14

Cald., Macg. (Fref.) S.

$1.70 Canton Ice

$1.80

uary

The market closed at 1 Amer. & Foreign Power p.m, with sellers at 29 1/8 January. Ameri & Foreign #7 pf.... 29 1/16 February and 29 March. Amer. Locomotive

31

Loew's Inc...

463

$4

Cemanta Roper

341

Miscellaneous

171

Martin, Glen L

313

324.80

251

103

***

McKesson & Robbins.

pf.

87

$7.00

|Liniry

C6. E

FAT

$21.20

tainments

buyers at 1/18 higher respectively.

Amer. Metals Co.

36

47

Monsanto Chemical

$11

Constructions

(oldi

16

124

Constructions (Bow)

Sterling

เป

Shanghal Dollars

Sellers at 178 1/4 for Spot.

Shangbal Market

Opened with sellers at 8. 23/84

U.S. Dol and closed at 0. 25/64. lars sellers were quoted at 16. 9/32 for Spot.

AFTERNOON MARKET

Amer: Tobacco “B” Amer. Waterworks'.

The market was quiet in the af- Baltimore & Ohio ternoon, the undertone was slight-Barber Asphalt C ly easier.

The Nothing doing.

market closed with sellers at 1/2 31/32 January/February, probably March

and 1/2 15/16. April June, buyers at 1/3 Cash /March and 1/2 31/33 April /June.

D.3. Dollars

A small business was done at 29

Bethlehem Steel Boeing Airplane Co. Borg-Warner Biggs M'acturing Brooklyn-M'hattan Trans. B'kiy M'hattan $ẽ cùm pt. Canadian Pacific R'way.... Case, J.I............ Chesapeake & Ohlo

1/8 for January and 29 for March. Chrysler Corpn......

The market closed with sellers at Columbia Gas & E

29 1/16 January, 29 February and Columbia 8 "A" pr.

28 15/16 March, buyers at 29 1/8 Commercial... January, 29 1/16 February and pro- Commonwealth & B. (ord.)

Amer. Radiator ......

Montgomery Ward

Amer. Rolling Mil

201

27

Hat. Dalry Products

བྷ:

38

Lane Crawford.

Nanyang Tobscoo

Amer, S'ting and R'ing Co.

481

Nat Distillers ...

141

32

Sidcares

Amer, Sugar Ring.

214

National Gypsum

241

$8.15

Watsonk

38.05

Amer. Tel & Tel

1497

71

National Lond

76" Ch. 0.5% 19250 $Bde.

78%.

88

131

Nat. Power & Light

and 9

H.E. Govt. -4% Loans

$108

13

Nat. Supply Corpn.

191

par

1.5. Govt. 31% Lösn

$100

Anaconda Copper Atchison. T. & S. Fe. Auburn Motors...

313

New York Central

181

H.K. Wing On

537

N. Y. Commodity Market

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

31

371

221

What Wing On......

#5

N. American Aviation

4.

121

North American Co.

$6.00 Vibro Filing 16/3

$6.80

Frey. To-day's

Marsmana Inv. (Lon.)

71

281

3/0

Northern Pacifc

Maramans Inv. (H.K.)

***

High Low

Close Close Change

191

431

00 eis Wm. Powells

90 ca

Pacific Gas & Elec.

Barnsdall 01 ........

1721

| Pacide Lighting

#Bales" to Shanghai

733.

12}

Packard Motors

301

211

Paramount Pictures

271

391

Pennsylvania R.R.

LONDON STOCK EXCHANGE

Chicago Wheft

-Mar. New York Cotton New York Rubber - Mar. -May

8.36

8.31 18.10 15.99

8.30 8.35 .05 up

15.97b 10.04/04.07, up

951

69

691

694

ZI

40%

-

112

Phelps-Dodge

Chicago Corn Winnipeg Wheat

May -May

531

· 521

527 527.

up

unch.

821

821

621

624

up

Phillips Petroleum

321

371

351

(REUTER'S SERVICE) ·

Public Service of NJ.

NEW YORK COTTON

"51

.10

Pure Oll

London, January 12.

.

80

Th

Radio Corpn. of Am.

The following quotations are the middle prices at the close of.

Close

Opening

Closing

Change

351

Republic Steel

221

781

Reynold Tobac. ""

43

the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.

61

Schenley Distillers

151

£

£

78

711*

Schenley, 51% pid.

521

721

Bears Roebuck

11.

·141

Shell Union Oil

bably 29 March.

Shanghai Dollars

C'wealth & 8. 6% cum pf.

47

131

War Loan, 34% (Red.

98-3/16 after 1952) Canton-Kloon Rly: 5% 18-4

Socony-Vacuum Oli

Consolidated Edison

301

Southern Pacific.

ΣΒΗ

Chinese 41% Gold Loan,

Consolidated Oll

8131

177 1/4...

Shanghai Exchange

Southern Rly $5 pid.

281

1898 (Brit. Issue) 76

Continental Can

414

Standard Brands

421

Chinese 5% Gold Bonds,

Gula Kalumpong Rubber 21/3 Allied Ironfounders... 18/6 Asso. & Elec. Industries 38/3 Austin Motors, ord....... Cable & Wireless, New

Form, ord.

25

January (1939) March () May

(1 July October December Spot

8,25 N

- 8:25b/28a

8.30/30

.05 up

6.30/31 >...... 8.08/08

8.31/31

8.35/36

.05 up

.8.08/08

8.13/13

.05 up

7.81/81

7.81/81

7.89/89

.08 up

740 N

7.43/43

7.48/48

.08 up

}

7.44/44

7.47/47

7.51 N

07 up

8,80 N

8.85 N

.05

up

392

1925-47

76

B.-A. Tob. (bearer)

95/71

NEW YORK RUBBER

Continental On

Corn Products

**31

Stand Gas & Elec.

63

Chin. 44% Anglo-French

Cammell Laird, ord.

7/3

647

Standard Off of NJ.

Loan, 1908

55

Mexican Eagle

4/101

Curtiss Wright (C.)

61

50.

Stone & Webster

Official T.T. Rates

Chinese 5% Crisp Loan,

Courtaulds

27/11

I

Curtiss Wright "A"

241

Swift International

151

1012

35

Distillers....

Shanghai, Jan, 13.

Distillers Corpn. Seagrams 187

27

Technicolor

Chinese 5% Reorg Loan,

Dunlop Rubber

23/6

London

Opening

0,8

Douglas Aircraft

09

20

Texas Corpn. ................

1913 Cdn. Is.)

52

Gen. Electrid (England) 75/9

March May September October December

(1939)

15.97b/988 15.98b/16.03a16.04/04 16.97/97 15.98/98 15.98/06 15.95b/961 16.02/02

01 up .01 up

18.00b/054 16.00b 16.04b/10a

.05 up

02 01

Du Pont de Nemours

1491

Texes Gulf Sulphur

*447

Chinese 5% 8ter. Notes,

New York

16-5/8

Celanese"....

211

31

| Trans-America "Co.

1925 (Vickers)

13

Japan

Parls

56-7/8 5.48

Eagle Picher Lead

111

7:

20th Cent. Fox,

Chin. Imperial Rly. 5%

Elec. Bond & Share

Top

23

Hongkong

53-3/8

20th Cent, Fox. $14 pt.

Loan

Elec. Bond & Share $5 pf.

57.

32]*

Union Carbide & Carbon

Honan Rly. 8%

130/71

Open Market-Selling Rates Sterling

Elec. Bond & Share $6 pi.

64

651

Union Pacifie

Hukuang Rly. 6%. 1911..

23

Guinness (A) Son & Co. 104/0 Hawker Biddeley Airc.... 23/41* Bristol Aeroplane

22/6 Imperial Chemical Ind. 30/11 - Imperial Tobacco ......... Marks & Sp'cer "A" ord. 56/6

Sales for the day:-

2,040 tons

May

Elec. Power & Light $7 pf.

35

941

United Aircraft

Hukuang Rly. 5%, 1911

Rolls Royce

110/41

July

Spot

January

February

March

Opening Closing 0/8-23/64 013-27/64 Gen. American Trans,

0/8-23154 -0/8-27/64 Gen. Electric..... 0/8-21/64 0/8-25/64 Gen. Motors...

...... 0/B-9/32 0/8-11/32 Gen. Railway Signal

U.S. Dollars

Flintkote ...

28

361

United Airlines Trans.

(German Issue)

20

Leyland Motors

82/6

57

111

United Corpn.

Lung Tsing & U. Hal Rly.

Tate & Lyle .....

58/9

40$

3

United Corpn. $3 cum pf.

5%

14

Turner & Newall

"September.nggunian

Wednesday's Sales:

CHICAGO WHEAT

691/69 691601

·891/897 · 691/699 702/701

691/891

69+/601

701/701

6,757,000 bushels

76/7)

442

337

United Gas Corpn.

B'hal-N'king RIT. 6%

24

United Steel

231

21

United Gas Improvement

Tientsin-Pukow Riy. 5%

Smethwick Drop For 16/9

22/191

CHICAGO CORN

Glidden Co. ....

221

US. Rubber

(Brit. Sipd.)

10

Armstrong Stevens, ord, g

.

Goodrich (BF.)

211

45

Spot January

$16-0/32 $18-8/8

Goodrich $5 pí

82...

US. Rubber $8-pid.

Tientsin-Fukow Rly. 5%.

Pressed Steel, com.

15/3

954

[0.8. Bleel

(German Stpd.)

16

Vickers, ord. ............ș

22/6

16-1/4

16-3/16

16-3/32 16-3/16

February March

Market.-Erratic.

Merchant Rates

Sterling, 0/8-11/32.

U.B. Dollars, 318-1/4.

Silver Duty Rate

The Central Bank of China's rate on London at 10 am. to-day was 1/2-1/24.. unchanged from yesterday.

The Equalisation rate

per cent-Reuter

Calcutta Exchange

Calcutta. Jan, 12. T.T. on Japan, 78-5/8-Reuter.

Homestake Mining Int. Nickel

16-11/32 Goodyear Tire & Co. 16-9/32

334

841

Great Northern Iron Ore Great Northern Rly. pfd. Great Western Bagar ...........

Vanadium

15

27

284.

Warner Bros. Pict.

51

251

Westinghouse Elec.

1091.

Greyhound Corpn........

181

Woodward Iron Cor.

234

Hecker Products

101

63

Chase National Bank National City Bank

31 *

243*

531

•-bid.

t-ex dir.

Tientsin-Pukow Rly. 5% (Brit. Stpd, Bupl Loan) Tientsin-Pukow Hly. 6%

(Ger. Stpd. Bupi. Loan) 16 Jap., 5% 8ter. Lan, 1907 414 Jap. 6% Ster. Loan, 1924. 481 Ger. 7% Intl. Loan, 1924 301 Chartered Bank........... 91 HK. & Bhai Bank (Lda.

Reg.)

Woolworths

May July September

521/53

53/521

527/521

unch.

54/54

541/54

531/537

55/55

54/547

547/542

off off

59/9

18.

Anglo-Dutch

85+

DOW JONES AVERAGË

HK. & Shaf Bank (Col.

Reg.)

Rub, Plant. Invest. Trust... 27 |Burma Corporation...... 8/74 Commonwealth Mining.. 1/8 Marsman Investments... 18/3 Randfontein Estates 38/0 Western Holdings ......... 11/9 Sub-Nigel

238/3 Tanami Gold Mining...... 64. Anglo-Iranian

WINNIPEG WHEAT

May July

621/621 621/621 621/621

October

621/627 63/03

021/627 831/631 031/631

up

NEW YORK HIDES: (New Contracts)

21/3

871

Burmahi

81/3

March June

11.03/93

12.26 B

12.04/04 12.42/42

11.79/81 12.17/20

1988 & 1939

was

7

High

Low Dow Jones Averages.

Jan. 11.

158.41 88.95 30 Industrials

148,55

34.33 19.00, 30 Rails

31.39

Jan 13, 1979.

Ubanas High Low Close ́149.43′ 148.17 147.83 1.32 off

31.95 30.03 31.08

Chinese Eng, & Mining

(bearer)

Shell Trans. & Trad.

Chosen Corporation ......

17/3 7/-

(bearer)

01/3

31 of

-Nominal

19 18.14 20 Utilities

12.78

** 29.15. 22.38 21.86

.18 off

Pekin Syndicate

3/4*

-Reuter

93.70 83.29 40 Bonda

800.20

.34 off

S'hai Elec, Constr. Ca...

25/-

March

59.00 45.03 11 mmodity Index 48.13

48.16

..04 up

B'hai, Waterworks "A"... 191

Business Dones-920,000 shares

Union Insurance

300

NEW YORK-STRAITS TIN

46.55b/758 46,45b/65a 46.50b/? 42-3/4 NY Silver, Oficial" NY-London Cross Rate 4.67.

42-374

267-1/4