310
On Singapore: -
On demand
49 3/4
HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS|
DECEMBER 23, 1839
On London:-"
h
Telegraphic Transfer. 7/8 Bank Bills, on demand!/9-7/8 Credits 4 months' night 1,3 1,4
On Shanghai:-
On demand
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
Adama Express wiresonera
QUOTATION
Alleghany Steel Co.: 217
Allied Stores
STOCKS
Last Sale Dec, 23
Dec. 24, 1999.
Last Fala Dec, 23 Lakey Foundry & Mac..· · 4 * Libbey-Owens-Ford
Chúss 514
Lockheed Aircraft
30
.$20,000,000
Allis Chalmers
394
Loew's Inc.
387
Aluminium Ltd
98
Mack Truck Inc.
Head Office:-FONG KONG
251
Amerada Corp.
Manhattan Shirt Co.
Amer. Can
113
Martin, Gleis L
394
On Japan:-
On demand
103 1/2
SINGAPORE RUBBER
On India:--
Telegraphic Transter.
$82 1/2
New York, Dec. 23, 1939.. Previous close December 23
Buyers Opening Closing
American Cyanamid B
331
McKesson & Robbins, pid, "
Amer. & Foreign Power
It
Monsanto Chemical
107
Ameri & Foreign $7 pi....
23
Montgomery Ward
Board of Directors: Hon. Mr. A. L Shields,
W. H. Lock, Esq.,
+
Chairman.
541
American Gas & Elec
37+
National Aviation
13
Change.
und demand
S POT
Amer. Locomotive ...............
201
Sat. Dairy Products
16
J. K. Bousfield, Esq., A. H. Compton, Esq.,
On New York:
Amer, Metals Co.
Vat Distille
24
JAN.-MARCH
38-1/2
Hou. Mr. S. H. Dodwell,
Bank Bills, on demand 24 7/16
Credits, 60 days' sight 23 1/18
APRIL-JUNE
38-3/8
CLOSED
Amer. Radiator ......
91
National Gypsum
111
D. F. Landale, Esq.,
Un Batavia-
The market' was quiet. LONDON RUBBER
36-1/2
Amer. Rolling Mil
167
National Lead
20
G. Miskin, Esq.,
Previous close Today's close
Amer. 8'ting and R'ing Co.
51+
Vat. Power & Light
8
A. S. Morrison, Esq.,
On demand
k... 45 1/
L
buyer
buyer
Change
Amer, Sugar Refining
201
National Steel Corp.
691-
Hon. Mr. T. E. Pearce,
On Paris:-
SPOT
11-5/8
Bank Bills, on demand 190
Credits 4 months' sight 1145
JAN.-MARCH
11-5/8
CLOSED
APRIL-JUNE
11-9/16
On Salzen, D
On demand
Du Manila:~
*8}*
On demand
48 7/8
On Bangkok---
149 1/8
London
New York
Japan
India
Paris
Hongkong
0/4-1/4
6-7/8
29-1/4
23-1/2 3:11 28-1/4
NEW
On demand
Sterling Notes:
Bank Buying Rate 1/4
Bar Silver per oz. 23/16
Shanghai Exchange
Shanghai, Dec. 24 Reuter).
ocial T.T. Rates
NEW YORK COTTON: Market, closed. CHICAGO: A forecast of moisture in the dry section over the week-end had a depressing effect on the market. Report that with the result of the recent drought deterioration the West and South-West has been further increasing were ignored today. The ml markets were ease with no exports reported.
NEW YORK RUBBER: Market closed.
CHICAGO CORN: The cold weather in the "West, unfavourable weather in the Argentine and small country offerings were all help- lul factors. Good domestic demand reflects the "strength of cash corn.
NEW YORK STOCKS; Previous close. 149.59; Today's close, 149.85; Change up .26.
Bethlehem Steel Bilss & Co. Boeing Airplane Co.
Biggs M'facturing
Amer. Tel & Tel Amer. Tobacco" "3" Amer. Waterworks Anaconda Copper Atchison, T. & S. Fe. Auburn Motors ..
170
Not Supply Corp.
at
H. V. Wilkinson, Esq.
New York Central
18
11
Niagara Hudson Power
51
MONDAY, DECEMBER 25, 1939,
BANKS
-PAGE
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital
#50,000,000
INDIA, AUSTRALIA AND CHINA
...£3,000,000
Issued & Fully Faid-Up 820,000,000 Incorporated by Royal Charter, 1883 Resorve Funds:
Sterling
...... $8,300,000 Reserve Fund
Paid-Up Capital H.K. Currency Reserve. $10,000,000 Reserve Liability of Pro-, Reserve Liability of
Proprietor's
prietors........
Deputy Chairman.
Sir Vandeleur M. Grayburn,
Chief Manager.
..£3,000,000
............................£3,000,000 HEAD OFFICE: LONDON:
38, Bishopsgate E.C.. Sub-Agencies In London: 117, 12, Leadenhall Street, ECa West End Branch:
14/16, Cockapur Street, S.W.1. Manchester Branch:. 59, Mosley Street, Manchester, 3. AGENCIES AND BRANCHES:
HARBIN
ALOE STAR AMRITSAR BANGKOK
BATAVIA BOMBAY
CALOUTTA
་་
PENANG
ĐONG TONG BANGOON
SAIGON
ILOILO
IPOR
KARACHI
|| KLANG
AGENCIES: KOBE OLIVE STREAT
FAIRLIN PLACE KIALA
CANTON
LUMPUR
BEREMBAN
SHANOBAIN
SINGAPOR
SITIAWAN
SOURABATI
TAIPING
304
N. American Aviation
251
Branches:
244
North American Co.
221
CAWNPURE CEBU
KUCHING
TIENTSIN
MADRAB
TONGEAM
21.
Northern Face
81
Amoy
Ipoh
Baltimore & Ohio
51
Ιπ
Owens-Illinois Class Co.
621
Bangkok
Johore
Batavia
Kobe
Penang Rangoon Saigon
COLOMBO DELFI
MANILA
(Bhuket)
MEDAN
TSINGTAD
Sarber Asphalt Co
14
Pacide Gas & Elec.
33+
Bombay
Kowloon
HAIPHONG
NEW YORK
TOKOHAMA
San
Barnsdall Ou
121
Pacic Lighting
481
Calcutta
Kuala
Francisco
Bendix Aviation
30
#
82
Packard Motors Paramount Pictures
31
Canton
Lumpur Shanghai
71
Chefoo
London
Singapore
131*
Pennsylvania RR
231
Colombo
Dairen
221
helps-Dodge
+42
Foochow
Borg-Warner
242
Phillips Petroleum
401
211
Pittsburg Coka & Iron
Brooklyn-M'hattan TranJ.
14
Public Service of NJ
401
Manila
Hamburg
(Johore) Tientsin
Rankow "Mukden
Tokyo
Patani
Brooklyn-Manhattan $6
481
Pullman Ic
314
Canadian Pacific R'way. Case J. I
41
Pure O....
70 *
Radic Corpm at Am.
54
rute
TT on Japan, 30-3/8.
May
July
July New contract) October December ( Spot
Feb. 3 Settlement
LONDON METALS
EXCHANGE
Lond. Dec, 22 (Reuter).
Indian Mint Silver
NEW YORK RUBBER December March May"....
20.64/64
∙19.10/10
.".
18.85/85
Ready
60-15
July
18.65/65
Jan 6 Setheņt
61-00
September
18.43b/45a
61-12
Silver Duty Rate
The Central Bank of
China's
on London at 10 a.m.
YORK COMMODITY MARKET
By Courtesy of Messrs. Swan, Culbertson & Fritz and
S. E. Levy & Company)
today was 1/2-1/2d. unchanged New York Cotton, Mar. trom yesterday,
New York Rubber, Mar.
The Equalisation rate was 23-1/2f Chicago Wheat, May
per cent
Calcutta Exchange
Calcutta, Dec. 23 (Reuter).
New York Exchange
New York. Dec, 23 (Reuter). TT, on London Opening Rate) 394-8/4.
SILVER MARKET
BOMBAY SILVER
Bomb... Dec, 23 (Reuter). Market stendy. Oftake 100 bars
Chicago Corn, May
New York, Hides, Mar. NEW YORK COTTON January
March
Volume (In contract of
100 bales each)
Note: January cotton, first notice day:-26/12/39 last notice day: -17/1/40.
Celanese
291
Reading Company, Com
15+
CURRENT
Chesapeake & Ohio
393
ci
Reading Company, 1st pfd
251*
Chrysler Corpo
891
Remington Arms Co., Inc.
41.
Climax-Molybdenum Co.
393
Republic Aviation Corp.
52
Prev. To-day's
Colts Patent Fire-Arms
81 *
231
stopach: Steel
High
Low
Close Close Change
Columbia, Gas & E
Revere Cop. & Brass Inc.
133
quoted on application.
10.75
closed"
Columbia 6% "A" pi.
844*
371
Reynold Tubac,
10.10
closed
Commercial Credit Co......
45)
Richfeld O
102) 1013 578 574
103
1021
2. off 578 571b + off
Com, & Southern (ord)
11
Safeway Stores
462
Consolidated Edison.......
30'
Schenley Distillers
Close* Opening 10.93/93
15.08 Closing
closed
Consolidated On
71
Schenley Distillers $51 pfd.
Change
Continental Can
424
Sears Roebuck
Continental Of
231
Shell Union Oil.....
124
10.75/75
Copperweld Steel
18.
Socony-Vacuura Ofi
117
10.40/41-
Corn Products
63
Southern Pacific
149
10.04/04
Curtiss Wright (C)
101
Southern Bly $5 ptd.
334
10.24 N
CLOSED
Curtiss Wright "A"
289
Sperry
451
9.54/54
Deere & Co.
23
Spicer Man.cfacturing Co.
334*
>
9.47/47
Distillers Corpn. Seagrams 19
Standard Brands
55
11.15 N
Douglas Aircraft
811
Stand Gas & Ele
2
Du Pont de Nemours
179
Standard Ol of California
251
Eagle Picher Lead
111
Standard Oil of NJ.
442
Eaton Mfg. Co.
297.
Stone & Webster.....
117+
Elec. Autolite
371
Eled. Bond & Share
7#
Elec. Bond & Share $5 pt.
581*.
Studebaker Com,
Technicolor
9
Swift Intemalional
32
12}
BANK OF EAST ASIA, LIMITED
Elec. Bond & Share $6 pl.
871
Texas Corpa.
44
CLOSED
Elec. Power & Light $7 pi. Flintkor
31
Texes Gulf Sulphur
323
-Authorised Capital......$10,000,000.00)
191
Trans-America Co.
8
Paid-Up Capital ..........
5,508,600,00
Gen American Trani. --
55 *
20th Cent. Fox.
121
Reserva and Undivided
Profits
Gen. Electric
401
20th Cent. Fox. $1 pt.
237*
Note: December rubber. last notice day:-27/12/39. CHICAGO WHEAT
Gen Motors
541
Union Carbide & Carbon ...
87+
Gen. Railway Signal
181
Union Pacific".
4.
May
July
September
103/303
1007/1002
100/1001
1011/1021
102/102
#off
Gen, Tire & Rubber
22
United Aircraft
471
ค
1001/991
100/1001
à off
Glidden "Co.
17.
United Airlines Trans.
151
992/991
991/994
7 off
Goodrich (BF)
197
United Corpn.
Friday's sales:-37,032,000 bushels,
Goodrich $5 pf.
85 #
United Corpn. $3 cum pt.
381
H
TIN
CHICAGO CORN
Goodyear Tire & Co.
23+
United Gas Corpn.
14
ouyers
£
sellers. £
Great Northern Iron Ore
171
United S Improvement. 14)
May
July
$72/571 58/58
578/571
Standard, Cash 255-1/2 255-3-4
-Standard,
September
587/581
5716 571/571 581/581
i off
Great Northern Rly, pfd.
261
U.S.. Industrual Alcohol
241
ȧ of
1. off
Great Western Sugar
281
US. Rubber
404
Greyhound Corp
167
U.S. Rubber $8 pid.
1121
WINNIPEG WHEAT
3 months 254-1/2 254-3/4
Hercules Powder Co.
89
U.S. Steel
67%
Standard,
Selment Price 255-1/2
December
831/831
81b
i up
Homestake Mining
597
Vanadium
337
Amos
Karloos
18
Bateria
Loudou
May
872/871
871/861
Market:-Firm,
July
881/281
873/872 887/882
up
International Harvester
81
Walworth Co.
54
Bahay
Manila
up
int Nickel...
373
Viener Bros. Pict.
"31
Calestia Haiphong
Atralts
230-3/4 nominal. NEW YORK HIDES
Int Tel & Tel
41
Westinghouse Hec.
1181*
March
15.08/08
Jahns-Manville
754
Woodward Iron Cor.
234*
Honalol 2030
June
New York, Official
products
and
essentials.
21
Loan, 1908
1912...
RUMANIAN
GOODS FOR GERMANY
NY-London Cross Rate 3.94-7/8
LONDON STOCK EXCHANGE
T
Tientsia-Pukow Rly. 5%.
(German Stpd.)
Of the 300,000 tons wheat which
(REUTER'S SERVICE) were ordered by Germany from
London, Dec. 22. Rumania through the cooperatives, The following quotations are the half has now been exported.
middle prices at the close of the The cooperatives bought "alto-¦market in London. All quotations Bether 730,000 tons of export this are subject to confirmation and year, of which 80,000 tons have been an responsibility is assumed shipped to England and 20,000 tons errors in transmission. to Italy.
Rumanian exports to Germany
at present represent three-fifths of her total exports, and are not con- dned to food
The "Rumanians have not yet Chinese 5% Gold Bonds. consented to revalue the
1925-47
Reichsmark. The Germans first Chin. 41% Anglo-French wanted rate-which is now 40 le-
azed at 80 let, afterwards reducing Chinese 5% Crisp Loan, their demands to 55, and finally to
62, but without success.:
To Induce Rumania to sell more to Germany the Germans are re ported to be offering her Polish war material, Germany is at present supplying Rumania, with material ordered from the Skoda works be- fore the occupation of Czecho Slovakis
Germany has obtained permit to Import from Rumania 30,000 head of large cattle and 200,000 pigs. The average annual export of these from Ruwanie is 35.000 and 250,000 jrespectively.—The Times.
1918 (Zdn. Is.) Chinese 5% Reorg. Loan,
chinese 3% Ster. Notes. 1025 (V-kera)...... chin. Imperial Rly 5%
Loan toman Rly. 5% fukuang Ely. 5%, 1911... 17 fukuang Rly. 6%, 1911
(German Issue) Lung Tsing & U. Hai Rly.
5% 1913...................... haf-N'king Rly, 5. Tientalin-Pakow Rly. 5%
(Brit. Stpd.)
entsin-Pukow Rly. 5%
Brit, Stpd. Supl. Loani 14 Tientsin-Pukow Rly. 5%
15,365/40a
unquoted
CLOSED unquoted
& Laughlin Steel $7 pfd. 63 • Kennerett Comper
Chase National Bank
354
381
-bid.
National City Bank
*-ex, div. DOW JONES AVERAGE
273*
1038
14
High Lu Pow Jones Avorávei 156.99 121,41 20 Industrix}.
35.90 24.14 * Railr 27.07 20.70 90% Utilities 32 22 84.51 6487 45.59
Dec. 24, 1919," Dec. 22, High Low Close 149.59
Charva
180.04 14940 147 85
20 пр
rencies. on
31 44
34.62 31.48 31:58
.14 pp
24.95
25.00 14,84 24.91
40 Roods
89 91.
11 Commodity Inifes
63.10
89.19 63.10
04 off 42 of
terms which will be quoted on application.
SATE DEPOSIT Boxts To Ler.
Lyons Sourabaya,
Malacca Sungei
Haipnong Muar Swatow
Harbin New York Tsingtao Hongker Peiping Yokohama Iloilo
.
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ous Year or shorter periods in Local or Other Currencies at rates, which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable
ACCOUNTS opened in on application. LOCAL CUBBENCY and FIXED DEPOSITS
The Bank's Head Oos in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Chur business, and claims recovery of rencies on terms which will be British Income Tax overpaid, où terms which may be ascertained at
L
Also up to date Sare Darosar any of the Agencies and Branches Box in various sizes To LET
R. A. CAMIDGE, Hong Kong. 25th September, 1939.
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG)
SHANGHAI BANKING COR. PORATION. Rules may be obtain ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 5th Feb. 1839.
wa 2,683,93201
Head Office: HONG KONG No. 10 Des Voeux Road, Central
Board of Directors: \--
Sir Bhouson Chow, Chairman
Li Koon Chan. Eag
Li Lao Sang, Esq, P. K. Kwok, Baq..
Wong Chu Son, Esq. Wong Yan Cong, Eng. Kan Ying l'o, aq. Chan Ching Shek, Kay, Fang Ping Wah
Kan Tong Fu, Esq., Chief Managne. Li Tsa Fong, Esq., Manager.
Branches and Agencies:—
*Balzan
Blogspora Bangoon Sourstays
Bwakow Bad Frag. Bydney
uloo Tiantain
Vancouver
Melbource Aguaca New York Hattia Part
Paying
Semering Shangha
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET, American Bank offering com NEW YORK. plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE
CHASE NATIONAL BANK, NIW YORK, with Resources of ora U.S.$2,900,000,000.
*
D. M. BIGGAR,
Second Vice Pres
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
CANTON
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local SWATOW Currency and Fixed Deposits re SHIUCHÓW ceived for one year
or shorter
KONGMOON TOISHAN KINGCHOW
periods in Local and Foreign Car and other Public Funds of the We also handle the issue of Bonda Chinese Government both at Home and Abred. *
HAMBURG HANKOW
PEIPING
An
.43.up
Business Done-330,000 shares
KAN TONG PO,
Chief Manager.
SHOU J. CHEN,
Monager.
for
£
Var Loan, 3% (Red
after 1952)
93-1/16 Canter-Kloon Rly. 5% 17 Chinese 41% Gold Loan,
1898 (Brit. Issue)......56
(Ger. Stpd Supt. Loan) 14 Jap: 5% Bter. Loan, 1907 50 Jap. 6% Ster. Loan, 1924 57 Ger. 7% Intl. Loan, 1924 53 Chartered Bank 1K. & Shal Bank (Ldn.
Regi
Guinness (A) Sont& Co. 81/1 Hawker Siddeley Airc... Bristol Aeroplane.
14/6
13/5
Imperial Chemical Ind.
29/9
8-7/16
Imperial Tobacco Marks & Sp'cer "A" ord.
118/14
52.
83
Rolls Royce
93/11
A.K. & Stal Bank (Col.
Leyland Mature" .....
B7/10
Reg.)
85
Tate & Lyle
56/9
Chinese Eng. & Mining
Turner & Newall
66
TO
47
(bearer)
171
United Steel
13/0
Chosen Corporation
6/6
Smethwick Drop Forg...
20/0
45
Pekin Syndicate
1/8
Armstrong Btevens, ord. 6.
naj Elec. Constr. Co. - 13.
Pressed Steel, com......
14
25
'bal Waterwork! “A”.....
12
Vickers, ord,
16/1
Union Insurance
-231
Woolworths ...........
35
Gula Kalumpong Rubber 22/6
Anglo-Dutch
27/3
Allied Ironfounders
14/6
13
Austin Motors, ord,
Asso. & Elec. Industries 38/104
18/9
$5
Cable & Wireless, New
15
Form, ord. ...
581
Rub. Plant. Invest. Trust 34/11 Burma Corporation... Commonwealth Mining... Maraman Investments... 15 Randfontein Estates ..
11/9
38/9
3.-A. Tob. (bearer}
93/0
Western Holdings
10/41
Mercantile Bank
11
Sub-Nigel
200
16
Cammell Laird, ord....
B/T
Tanami Gold Mining... 36
Mexican Eagle .....
8/74
Anglo-Iranian
53/9
18
Courtaulda...........
37/
Burmah
81/3
20
Distillers
66/0
Shell Trans.
& Trad
Dunlop Rubber......
.30/3
(bearer)
»80/7)
Gen. Electric (England)
74/103
--Nominal
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEPOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and · CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are lauded.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. -TELEPHONE ZOJIL GENERAL MANAGERS.
Page 10Page 11