ן.
=
Dec. 3
Close Opening Closing Change buyers buyers
38-3/8 38-3/8 38-3/8 37-3/8 37-3/8 37-6/8 35-7/8 38
36-1/4
unch up 1/4 up 9/8
STOCKS
buyers..
11-3/4
11-15/16
12 12
11-7/8
buyers 11-13/16 12 12-1/8 12-1/8 17
Change
Adams Express Alleghany Steel Do
up 1/16
Allis Chalmers ....
up 1/16
Aluminium Ltd,
up 1/8
Ame. Các
up 1/8
American Cyanam'd B. ...
up 1/8
Amer. & Foreign Power ...
Foreign $7 pt.
Baldwin Lecometire ....
Baltimore & Ohio... Barber Asphalt Co. Barnsdall Of.....
Bendix Aviation
Bethlehem Steel
Bliss' J Co.
Boeing Airplane Co.
Borg-Warner.
Briggs Mfg.
Budd M'facturing Vorp.
Canadian Pacific R'way
61 804 12.50 12.37
Case, I
Celanese
at
(
Close
10.08/06 January ( **)....... 9.98 N March
Opening
10.09/09
Closing
Change
Chesapeake & Ohlo
Chrysler Corp, kad
10.13/13
07 up
Columbia Gas & Misc.
10.00b/01a 10.040
.08 up
Commercial Credit Co.
)...... 10.09/10
10.11/12
10.16/16
.07 up
Com, & Southern (Ord.) ...
MARKET
The London - New York cross-
rate was quoted at 402-1/2 New July York-London was quoted at 403.- 1/2
Steady,
STERLING
There were. sellers at 1/3 Decem-January ber-January, buyers' až 1/3.1/3 March for Cash.
V. S. DOLLARS
Sellers at 23.0/18 for Cash and forward, buyers at 23.11/16 for Cash
MAY
{
...... 10.00/00.
10.02/02
10.07/07
07 up
Consolidated Edison
{
> ...... 0.77/78
£81/81
9.86/86
.09 up
Consolidated Off
October Spot
C
)
9.26/26
9.30/31
10.06 H
9.33/33. 10.131
.07 up
Continental Can
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING : QUOTATIONS DECEMBER 4, 1940.
On London:-
Telegraphic Transfer. 7/4 Hank Bills, on demand 1/278 Credits 4 months sight..
On Shanghal¦--
On demand
On Singapore:---
COMMODITY MARKET REVIEW
(FROM PAYNE & CO,)
NEW YORK; December 3, 1940.
SINGAPORE RUBBER
S.P O T
| JAN.-MARCH
APRIL-JUNE
CONDON
The market was stendy.
RUBBER
380
On demand
SPOT
39 3/4
JANUARY
On Japan:-
On demand
101
FEBRUARY
APRIL-JUNE
On India:-
JULY-SEPT.
Telegraphic
Transfer.)
82 1/2
and demand
On New York:-"
On Manila:----
On demand
On Bangkok
48 1/2
{
Previous
Previous close Today's close
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
-DECEMBER 4, 1940,
Bank Bills, on demand 23 1/4 Credfis, 80 daya' sight 24
On Batavia:-
On demand ...... 43 1/2
On Paris:
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
On Saigon
On demand
On demand'
On Sterling Note:--
Bank Buying Rate
Bar Silver pår 02 min
Market Repon
FROM ROZA BROS,
The price for Beady Silver was unchanged yesterday but the For-
The smallness of the estimates of rubber shipped from Malaya during November, together with trade demand, scarcity seller resulted in a-steadier market. » Business was moderate.
NEW YORK COTTON:. The lifting Influence of the loan together with the firm spot situation are off-setting the uncertainty of the Government's future policy which prevents any decided trend in either direction. At the moment, the purchase of July
Amer amer. Locomotive..............
amet. Metals Co.
Amer, Radiator .......
Auer, Rolling Mi "Amer. Sting and Ring Op. Amer, Sugar Relining ..... Amer. Tel, &· Tel. .............
at a discount appears to be safe. Much Improvement in the mer. Tobacco B
gray-goods demand is indicated.
NEW YORK RUBEER: There was some Tradė buying and short- covering on the uncertainty with regard to the Far Eastern situation.
NEW YORK STOCKS: Previous close, 130.93; Today's close, 130.78;
Change, of 18,
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
New York Cotton, March New York Rubber, March Chicago Wheat, May
ward rate rose 1/16, the quota-Chicago Corn, May tions being 2213/18 and 22.7/8 New York Hides, March respectively. Süver
speculators as having NEW YORK COTTON bought to a small extent. The market was steady but quiet Dec. (New.contract)
Prev. Today's High Low Close Close Change. 10.19. 10.10 -10.09 10.16 .07 up 20.39 20.27 20.22 20.35b 13 up 871 864 off 811 60% off 12.54 12.44b 10 of
Amer. Waterworki Anaconda Copper ..... Atchison, T. & S. Fa Aviation Corp.
ported
Nom. 22 13/10
advices
American silver was quoted
34.3/4 for Epok
re-
THURSDAY, DECEMBER 5, 1940.
BANKS
MMONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Ospital................. 850,000,000
INDIA, AUSTRALIA: AND CHINA
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1858
Reserva Funda:
| Paid-Up_Capital'.................£3,000,000 £6,500,000 Reserve Fund Sterling H.E. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
Proprietors
Hon. Mr. S. H. Dudwell, .
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
Chief: Manager.
priators...
£3,000,000
HEAD OFFICE: LONDON: 39, Bishopsgate E02 Sub-Ageneles In Landon: 117/122, Leadenhall Street, E.C.A. West End Branch; 14/18, Cockapur Street," 8.W | Manchester. Branch:
65, Mosley Street, Manchester,
AGENCIES AND BRANCHES-
**RAZZIN PANANG
EONG SONG 210005 ILOILO
ALOR STAR AMRITSAR BANGKOK
BATAVIA BOMBAYA CALOUTER
1P0H
FARAONI FLANG"
AGENCIES, ·OK Cars STAKET KUALA FAIRLIE FLAV CANTON
DELHI
HAIPHONG
Francisco HAMBURG
BANIOW
Lumpar Shanghai
Singapore
"Sourabaya
Haiphong (Jobore) Tientsin
Ipoh-
Peiping..
Penang
Yokohama
ODKRENT ACCOUNTS opened in Lol Curriner and Fizzó DEPOSITS received for one year or shorter periods in Local and other Our cancies on terms which will be quoted on application.
LUMPUR KUORING
MANILA MEDAN
BAIGON
SEREMBAN
SHANGHAI
SINGAPOBR
-- SITIAWAN
NEW YORK PUIPINO
(Peking)
SOURAKAYA TAIPING
· TIENTSIM ..
TONGEAR
(Bhuket)
TEIN GTAS" FOKOHAMA
FOREIGN EXCHamon and Generat Banking Business transacted,
CURRENT Accounts opened “and Fixo Deposits · received for · One Test or shorter periods in Local or Other. Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened ja Local Currency and Sterling with interest"allowed at rates obtainähle on application.
The Bank's Head Office in London undertakes Executor and Trustee business, and claims, recovery of British Income Tax overpaid, on Atso up to date Ears DXPORIT terms which may be ascertained at
any of the Agencies and Branches. Boxes in various sizes To LET.
R. A. CAMIDGE,
Manager.
$20,000,000
Last Sale
STOCKS
Last Sale
Dec. 3
Dec. 3
·Head: Office:—HONG KONG
54
Loew's Inc.
31
231
Loft Incorperated
201
344
Mack Truck me.
277
Board of Directors: Hon. Mr. J. J. Paterson.
7607
Martin, Glen L.
32
Chairman
871
McKessub & Roboins, pfd.
18
351
Montgomery Ward.
371
V
C. O. Roberta, Esq. m
Deputy Chairman.
1.
M'tain City Copper, Co.
37
J. K. Bousfield, Esq.,
15
National Aviation .....
101
Nat Dairy Products
13+
"A. H. Compton, Esq.,. LJ. Davies, Esq.,
194
National Distillera
23
71
National Lead
'18
G. Miskin, Esq.,
15+
Nat, Fower & Light
ཨ་
K. 8. Morrison, Esq.,
45
National Supply Corp.
67
Hon. Mr. T. E Pearce,
134
New York Cential
13
1661
Niagara Hudson Power
3+
703
N. American Aviation
177
North American Co.
16+
LOA WNPORE
271
Northern Pactac
Branches:
CTBU
*MADRAS
15
Owens-Tilinols Glass Co.
46
Amoy
44
Pacific. Gas de Mec
ZT+
Bangkok
18
Packard, Motors
3+
Batavia
Johore". Kobe Kowloon
Rangoon Saigon Вац
COLOMEO
31
Pan-American - Airways
18
Bombay
Kuala
101
Paramount Pictures
10
Calcutta
9
Canton
London
Pennsylvania R.R
214
Chefoo
321
Lyons
Philadelphis Read, Coal
+
Colombo
B5F
Malaces Sungei
Phillips Petroleum
394
Dairen
Manils
141
Public Service of N.J......
Foochow
Muar
Patani Swatow.
171
Pullman Inc................................
201
Pure Oll
Bankow
Mukden Tokyo
•
231
Radio Corpn. of Am,
Harbin
New York Tsingtao
5
Reading Company,
Com
Tailo
31
Remington Arms Do., Inc.
801".
Republic Aviation - Corp.
271
Republic Steel "
427
| Revere Corp.
117
761
Reynold Tabac. "B"
321
41
Bafeway Stores
44
Schenley Distillers ..........
101
13/10
Bears Roebuck
758
22
Shell Union of ....
101
..
Bocony-Vacunum O
Hong Kong, 30th November, 1940.
· BL-
971
Southern Pacifc
81
.07 up
Continental on
191
Southern Rly $5 pfd.
21
Total sales Monday:
65,300 bales.
Copperweld Steel
101
Spicer Manufacturing Co. 331
Curtiss Weight (C.),
"81
Standard Brands
61
NEW YORK RUBBER
Curtiss-Wright “A”-
281
Stand Gas & Elec.
11
2.
20.40 N
unquoted
20.22/22
20.25b/29
May
20.00/00
20.10/10
July (New contract)
19,70b/80a
19.70b/95
20.55b 20.366/38ä 20.15/15 19.83b
is up
Deere & Co.“.....
201
Standard Oll of California
178.
Distillers Corpn. Seagrams. 181-
13 up
181
Douglas Aircraft.
·781*
Standard Oll of N.J.
334
18 up
Stone & Webster
Du Pont de Nemours
A. 1567
23 up
Studebaker Com.
74
Eagle Picher Lead
10°
Swift "International
Total sales:-900 tons. CHICAGO WHEAT
177
Eaton Mfg. Co.
39
Technicolor
10
Elec. - Autolite
351
Теты Согра
381
Elec, Bond & Share ......
SHANGHAI DOLLARS Business was done at various
May
872/871
July
871/87 83/821 827/821
851/87
off
Texes Gulf Sulphur
354
#lec. Band & Share $5 pr.
57
Timken-Axte .....
291
823/82
off
Elec. Bond & Share $6 pt.
654
rates. The market closed
with
Monday's sales:--12,588,000 bushels,
Elec. Power & Light $7 pf. Put o
31
Trans-America Co...
47
20th Cent. Fox.
181
sellers at 381 for Spot.
CHICAGO CORN
Union Bag & Paper Corp.
127
Gen. American Trans. ...
544
THE CHASE BANK.
SHANGHAI MARKET
May
3.25/32 and closed
shade
Sterling" opened with sellers at | July
steadier with sellers at 3.51/64 for NEW YORK BIDES
Bpot. US. Dollars opened with March
sellers at 5.15/18 for. Spot and at June the close there were sellers at 6.31/32 for Spot.
Shanghai Exchange
Shanghai, Dec. 4 (Reuter).
Official T.T. Ratex
Opening
* 12.54/55 12.43/43
811/811 613/611 61)/811
61/811
Union Carbide & Carbon
72
601/601 607/807..
off
Gen, Electric
331
Union Pacific
781.
off
Gen. Motors
471
United Aircraft"
42
Gen, Railway Signal
151*
United Airlines Transn
164
Gin. Tire & Rubber
137.
United Corpn.
14
12b
,10 ON
Glidden. Co.
144
Total sales for the day:-70 N.Y. Official Sülver 94-3/4 NY-London Cross Rate 4.03-1/2
12.15b/35 contracts,
12.26/26
United Corpn. $3 cum pf.
29
Goodrich (B.F.)
141
United Gas Corpo.
15/16
Goodrich $5 pf.".
83+
United Gas Improvement
10
34-3/4 4.03-1/2
Goodyear Tire & Co
177
US, Industrual Alcohol..
214
Great Northern Iron Ore .....
171
U.S. Rubber
234
HONGKONG-SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG
BHANGHAI BANKING COR PORATION. Hules may be obtain. ed on application.
For The HONGKONG & SHANGRA
BANKING CORPORATION,"
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1999.
18, QUEEN'S ROAD, CENTRA¡
HEAD OFFICE;
18, PIRE STEENT
NEW YORK
An American Bank offering.com
plete Foreign Banking Servior in the principal Markets of the world.
BANK OF EÁST ASIA, LIMITED
Authorised Capital $10,000,000,00 Paid-Up Capital 5.999,000.0
Reserve and Undivided...
Porfita
....2,983,281.50
Head Ofles: HỒNG KON No. 10 Des Voeux Road, Central,
Board of Directors:
Six ExopBox Chow, Chairman
Là Koon Chen, Esq., Li-Lan P. H. Kuck. Eng.
Son, Ba
Woog In Tong, Eng. Fing Fing Wall Eng. Chan Ching 8bok, 58,
PARA
KAN TONG Po, Esa., Chief Manager
Li Tax Foua, Esq., Manager
Branches and Agencies: -
Great Northern Rly, pid,
201
US. Rubber $8 pid. .......................
891*
Interest Bateson Application.
4Great, Western Bugar,
201
UB. Smelting
65+
Greyhound Corpn.
10%
SAFE DEPOSIT BOXES
LONDON STOCK
Hercules Powder Co,
724
1.8. Steel
071
Vanadium
33
AMOY
Kowloon
Ragspor
Betaria
Loadca
Rangoos
Bourmony
Bombay
Kanila
Saigon
Conta
Kalbot
Ban Fran- 'Sydnay
Halphone
Ranko
New York
Buttir
Honolulu Par
Cofano Tinsbíla
Bymarkag
CONTES
Po:ging
Homestake Mining kang 498
Valtee Aircraft
8j
London
New York
Japan
India
Hongkong
0/3-11/18
5-3/4
24-3/8
20-3/BN .24-172
Sterling
Sellers
Int Nickel
237
Walworth Co.
·51
Inter. Paper & Power
18
Warner Bros. Pict
31
* 17.8.$3,000,000,000.
11
341
Westinghouse Mec.
-104
4
Woodward Iron Cor,
32
Glass
43
Chase National Bank.
(C-| National City Bank 901
Opening Closing Spot 0/3-25/32 0/3-51/84 Dec. ........ 0/3-25/32 0/3-51/54 Jan. ........... 0/8-49/64_0/3-25/37. T18. Dollars $5-15/16.
Spot
Dec.
Jan,
5-15/18
$5-31/32 5-31/32 3-29/32 5-15/18
Market:-Steady.
Silver "Duty Rate
The Central Bank of China's rute on London at 10 a.m. today was 1/2-1/2d.
The Equalisation rate was 201 per cent.
Calenta Exchange -
Calcutta, Dec. 3-(Reuter), T1, on Japan. B1-1/4
SILVER MARKET LONDON SILVES London; Dec 3 (Reuter). Silver Littlo speculative buying. Business very small Market quiet but steady. In the afternoon, the market was quiet.
Spot, 22-13/184.- Forward, 22-7/BA."
LONDON METALS
EXCHANGE
London, Dec. 1 (Reuter),
Tin. Brandard, Cash, Middle Price, 2257-5/83/55
Tip, Standard 3 months, Middle Price, 2260-1/8
Market"---Stendy."
EXCHANGE
(REUTER'S SERVICE)
London, Dec. 3.....
BRITAIN'S RECORD WAR EXPENDITURE
LONDON, Dee
(Reuter)
The following quotations are the middle prices at the close of the Britain is now spending £12,878,- market in London. All quotations 000 dally on the wara record are subject to confirmation and no figure. Exchequer returns for responsibility is assumed for errors the last week issued yesterday in transmission.
show that during that period
102-15/18
102
War Loan, 34% (Red.
after 1952) Defence Loan, 3%. Santon-Kloon, Rly. 5% 12 Chinese 44% Gold Luan
1998 Brit. Issue). Chin. 41% Anglo-French
Loan, 1908 Chinese 5 Crisp Loan
1912
Chinese 5% Reorg. Loan.
1913 (Ldn.. Is).
"trese 6% Ster. Nater,
· 1925 (Vickers) ........
38+
41-48
60 6. 2 y.
Chin. Imperial Ris. 5%-
Loan Honan Aly. 5% kinamar Hukuang Rly 8, 1911.
(LP, NY Taste)... 15 Hukuang Riy 5%, 1911
German Issue)....... Lung Taing & U Hai
Rly 6% 1913 '....... S'hat-N'King Ris. 5%. Tientsin-Pukow Rly, 5%
(Brit. Stpd.).
Int. Tel. & Tel..... Fennecott Copper Lakey Foundry & Mac... Libbey-Owens-Ford
Lockneed Aircraft
1900
DOW JONES AVERAGE
Deo. 4, 1940..
Dec. 2 High Low Close
32+*
264*.
Change
This Bank is entirely owned by
Так CHABE NATIONAL BANK Now You, with Resources of ovil
D. M. BIGGAR,
&cond Fica Primi
A Job?
NEWS
162.50-111.84 30: Industrials /
32 67 22.15 fails
supplies and services cost £90,-* High Low Dow Jones Averages 134,000 compared with the £72,- 350,000 of the previous week, dally increase of over 2.1/2 million) Sterling.
LONDON GOLD.
London, Dei, 3 (Reuter),
Bar Gold, Fine per oz. 168/v
..
dk & S'tal Bank (Cul
Reg
Chinese Eng. Mining
(Degret)
16/3
Chosen Corporation Mercantile Bank of In-
dia, £5, "G"
10
Pekin Syndicate
S'hat Elec. Constr. Co... 15/ B'hal Waterworks "A" 134 Union Insurance
20
15.
13
Tientsiri-Pukow Bly. 5%;
Gula Kalumpong Rubber 157 Lon, Mid & Scot. Rly. 141- Great Western Rly 33 National Bank of India 23. 8.-A. Tob (bearer) .......... 85 Dunlop Rubber
31/74
(Derman Stpd.)
.13
Bristol. Aeroplane.
9/10
Tientsin-Pukow Rly. 6%
(Brit. Stpd Bupi. Load) 13 Tientsin-Pukow Blv. 5% (Ger. Stpd. Bupl. Loan) Jap. 6% 8ter Loan, 1924 30 Ger 1% Intl. Zoan, 1924-8 "hartered Bank
Imperial Chemical Ind. 28/41 United Steel
20/101
Woolworths
13
Mazmaz Investments
Western Holdings
66/41 7/6 *0/0
Bab-Nige
155
71
hell Trans, & Trad.
bearer)
32/0
-bid:
-ex" div
IK. & S'hai Bank (4
Reg.).
20.45 18.03 20
30.00 83.00 40
·64.07. 48.47 11
Utilities Bonda
130.93
28.03
90 11
90.14
Commodity Inder
56.61
· 131,53 131.25 130,78 ....15 off“ 28.10. 27.85... 28,00 03 of 20.37 20.03 20.25 .14.up
30.1404 up
10 off
Business Done:÷450,000 shares
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
| Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEVOO
and TIENTSIN
KOBE and OSAKA
› SINGAPORE", PENANG and,
SANDAKAN.
HAIPHONG You
All steamers barth alongside the Roosevelt Terminal in the French Concesion at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON& Co. LT TELEPHONEZOZILO GENERAL MANAGERS
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency: and Fixed Deposits /res seived fur una” year or shorter periode in Local and Foreign' Cur- rencies on terms which will he
noted application..
SAJE LEPOSIT Boxes To Lar,
KAN TONG.PO.
Chief Manager.
BANR OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN "INTERNATIONAL EXCHANGE
MAGAMA BANK P
PAID-UP CAFITAL $10,000,000.00 (BRANCHER ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Contras of the World, we are able to extend So our Clients special facilities for Domestic and Foreign Banking nog Exchange
Head Office:SHANGHAI
Hong Kong Branch:
4 QUEEN'S ROAD, 0. South China Office:
JANTON PO KONGMOON SWATOW.C
SHIUCHOW
TOISHAN KINGCHOW
We also handle the issue of Bonds and other Publia Funds of the Chinese Government both at Hokie "ind. Abroada
SHOU
CELENT
anager.