MONEY AND
EXCHANGE. NEW YORK, Dec. 4,"1940,
SINGAPORE BUBBER
Dec. 4 Opening Closing buyers buyers
Change
38-3/8 38-1/2 38-1/2
Yup. 1/8
JAN.-MARCE
APRIL-JUNE
37-5/8 37-3/4 37-7/8 38-1/4
35-3/8 36-1/2
up 1/4 up 1/4
The market was very steady. LONDON RUBBER
STOCKS
Previous close Today's close
buyers
buyers
Change
Adams Express
380
S. POT
11-13/16"
11-7/8
ap 1/18-
"Alleghany Steel Co. ....................
A2 3/4
JANUARY
12
12
unch,
Allis Chalmers
12-1/8
12-1/8
Aluminium Ltd.
On demand
103
12-1/8
12-1/8
Amer. Can
12
132
American Cyanamid B. ...
On India:
Amer. & Foreign Power ...
Telegraphic
Transfer.
and demand ...........
Amer. & Foreign $7 pt. J.
Amer. Locomotive
Amer. Metals Co.
Amer. Radiator image Amer. Rolling Mi
Amer. 'ting and Ring Co.
Amer, Sugar Refining ...........
Amer. Tel, & Tel
Amer. Tobacca "B" .................
Amer, Waterworks
anaconds Copper
Atchison, T. & §, Ja. .........**
Aviation Corp.
Baldwin Lecometive
High Low
10.22 10.17
May
Market Report
FROM ROZA BROS.
22 15/16 New York Rubber, March
Dec. (New contract)
Thursday. Dec, 6: January) Sliver prices rose yesterday 10 March the extent of 1/8 for Ready and May 1/16 for Forward, the quotations July being 22.15/18 for both deliveries. October Silver advices reported the market spot
a being steady with a small busi-
Total sales Tuesday:-82,700 bales ness done. American Bliver was NEW YORK RUBBER quoted at 34.3/4 for Spot...
The London New York cross-March...................... 20.356/256" 20.406/50a rate was quoted at 402.1/2. New York/London was quoted at 403.-
20.45 20.40
Chicago Wheat, May
871
661
Chicago Corn, May
61
New York Hides, March .............
12,73
801 12.30
Prev. Today's
Close Close Change .10.16 10.31 20.35 20.40 861 881 604 60 up
Baltimore & Ohio
Barber Asphalt Co.
.05 up
Barnsdall O
05. up
Bendix Aviation
uwch
Sethlehem Steel
PAGE. 10—HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
"
COMMODITY MARKET REVIEW.
CLOSING QUOTATIONS
DECEMBER 5, 1949.
Op. London:-
Telegraphie Transfer. i 7/6 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:—
On demand
On Singapore;---
On demand
On Japan:--
SPOT
1
FEBRUARY
AFRIL-JUNE
JULY-SEPT.
(FROM PAYNE & CO.)
Previous
Close
On New York:-
The market was steady but quiet
89 1/2 NEW YORK COTTON: There has been an increase in the movement
Bank Bills, on demand £3 1/4 Credis, 80 days" sight 24
On Batavia :—
On demand... 43 172
On Paris:-
Bank Bills an demand Nom Credits 4 months' sight Nom.
On Saigon:-
On demand 101.
of cotton into the loan and an improvement in spot sales, is re- ported. The market today ruled quiet but steady,
NEW YORK RUBBER: Apprehension over the possibility of freight
Increases steadied prices throughout the session,
NEW YORK HIDES: Further spot sales are reported to be negotiat- ed at advancing prices. Selling of futures was well taken. NEW YORK STOCKS: Previous close. 130.78; Today's close. 130.75;
Change, off .03.
NEW YORK COMMODITY - MARKET
(RÉOTER'S SERVICE)
On Manila:-
On demand
46 1/1
On Bangkok:-
On demand
148 1/2
On Sterling Notes:-
"
Bank Buying Rate
Now.
New York Cotton, March
Bar Bilver per os.
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
DECEMBER 5, 1940.
FRIDAY, DECEMBER 6, 1940.
BANKS
"HONGKONG" & "SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital @30,000,000
"INDIA, AUSTRALIA · AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1853
Reserve Funds:
Paid-Up Capital £6,500,000 Reserve Fund
„£3,000,000
Sterling
£3,000,000
£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Reserve Lizbility of Pro- Reserve Liability of
prietors
Proprietor
.$20,000,000
Head Office:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman.
Deputy Chairman.
R. 8. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields, Sir Vandeleur M. Graybare,
Chief Manager.
Branches:
Johorr Rangoon
Saigon San
38, Bishopsgate E,C.2 Sub-Arancles In London: 117/199,- Leadenhall Street, B.C.3 West End Branch: 14/18, Cookspur Street, S.WI
Manchester, Branch:
62, Mosley Street, Manchester, s
AGENCIES AND BRANCHES.
BARBIN
ALOE STAR AMRITSAR BANGKOK.
BATAVIA
| BOMBAY
GAYOUTWA
PENANG
EONG XUNG GL5000n
ILOILA IPOH" KARACHI KLANG
KUALA
AGENCIES: KOSS OLAYI ETEIT! CANTON
FP
GAWEPORN CEBU COLOMBO
LUMPUR KUCHING MADRAS
MANILA
DILHI
HAIPROKO
MEDAN NEW YORK
Francisco HAMBURG
་་
BREMBAN
.SHANGHAI
INGAPOR HIRIAWAR
SOURARITA
TAIPING
TIKSTAIN TONGIAN
(Bhuket)
TRINGTAO....... TOKORANGE
Last Sale
STOCKS
"Last Sale
Dec. 4
Dec. 4
...... 51.
| Loew'a Inc..
907
231
| Loft Incorpëruited
21
341
Mack Truck Inc.
m
742
Martin, Glen L
314
"
872
| McKesson & Robbins, pfi.
:26
C. C. Roberts, Esq.,
361
Montgomery Ward
37
1
M'tain City Copper Co.
34.
J. K. Bousfeld, Esq.,
15**
National Aviation A
10..-
A. H. Compton, Esq.,
154
191
Ti
15
Nat Dairy Products National Distillers' National Lead” ................... Nat, Fower & Light
131
I J. Davies, Esq.,
23
Hon. Mr. S. H. Dodwell,
18
. Miskin, Esq.,.
7.
44"
National Supply Curp.
134
New York Cential
131
166
Niagara Hudson Power
31
701
N. American Aviation
18
64
North American Co.
271
Northern Parind
.16)
Owens-linois Glass Co.
401
Amoy
4#
Pacific Gas & Elec
E
Bangkok
Kobe
161
Packard Motors
st
Batavia
Kowloor
31
Pan-American Airways
161
Bombay
Kuala
10k
Calcutta
Faramount Pictures
10
Lumpar Shanghai
.9
Canton
London
Pennsylvania R.R
21+
Singapore
Obefoo
Lyons
32"
Philadelphia Read, Coal
1.
Colombu
Maiacca
851
Phillips Petroleum
40
Dairen
Manila
gls & Co.
141
Public Service of NJ.
291
Foochow
Muar
12.44b 12.68b 22 up
Joeing Airplane Co.
171
Pullman Inc.
26.
Haiphong
NEW YORK COTTON
Clore 10.13/13
Opening
Closing
Change
Borg-Warner...
201
Bankow
Mukden
*10.15/15
10.17/17
.04 up
Briggs Mfg.
237
Radio Corpn. of Am, ..................
41
Harbin
10.04 N
20.06b/07
10.08/08
.04 up
Budd M'facturing Corp.
5
Reading Company,
Com
134
Iloilo **Peiping
10.16/16
10.18/17
10.21/21
.05 up
Canadian Pacifle R'way
31.
Remington Arms Co., Inc.
B*
Ipoh..
10,07/07
20.09/10
10.13/13
.06 up
Case, JI
#11
Republic Aviation Corp. ...
4
9.88/26
9.89/89
9.93/93
.07 up
Celanese T
29
Republic Steel
}
···
9.33/33
· 9.38/36
9.36/38
.03. up
Thesapeake & Ohio
421
Revere Corp. ...
10.13 N
10.17 N
.04 up
Chrysler Corpn.
761.
Reynold Tobac. ·"B"
221 111* 321
Columbia, Gas & Elec,
4
Safeway Stores
421†
Commercial Credit Co.
32
Bohenley Distillers
101
January 20.55b
unquoted
20.500
01 Up
Com, & Southern. (Ord.) ...
Bears Roebuck........
751
20.40/40
.05 up
Consolidated Edison menen
22
Shell Union of.
10%
July (New-contract)
20.15/15 19.93b
20.16b/28a
20.08/07
20.20/20 19.98 N
06 up
Consolidated cfl' ..............
52
Socony-Vacunızın Oll
8+
.05 up
Continental Caă „anom
373
Southern Pacific
81
*1/2.
Steady,
·MARKET.
Total sales:-540 tons.. CHICAGO WHEAT
Continental Oll ............
20
Bouthern Rly $5 pfd, imo.
201
Copperweld, Steel
19*
Spicer Manufacturing Co. 34
881/87
87/871
July
893/829/07/82/82}
861/87 821/821
unch.
Curtiss
right (C.)
Curtiss
right “A” ...............
Tuesday's sales:-8,012,000 bushels CHICAGO CORN
-Deere &
Distillers. Corpn. SecaramS
603/602
602/602
July
601/601
602/61
601/61 601/61
Douglas- Algecart---
[App
Du Pont de Nemours
tinch
Eagle Ficher Lead
Eaton Mfg. Co......
Elec. Aptolite
Elec. Bond & Share ...******
Elec. Band & Share $5 pf.
-34-3/4"**N
4:03-1/2
Elec. Bond & Share a pt.
Elec, Power & Light 7pf 304
Mintkote
Gen. American Trans
Gen, Electric
Gen Motors
Gen. Railway Bignal
Gen. Tire & Rubber
Glidden Co.
Goodrich (BF)
Goodrich 35 pf.
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Rly, pid..
Great Western Bugar
3,042 3.079
4.441 4.441
Greyhound Corpn.
Hercules Powder Co
Homestake Mining
int Nickel
4961 4961
Inter. Paper & Power.ni
13,150 13,150 (Figures in Lakhs of Rupees).
Int Tel, & Tel. ........
Kenrecott Copper
384
41-48
Lakey Foundry & Mac. Libbey-Owens-Ford Glass · 433 Lockheed Aircraft
STERLING":
There were sellers at 1/3 Decem- ber/January, buyers at 1/8.1/82 for Cash
D. 5. DOLLARS Were steadier with sellers at 23.5/8 for Cash; buyers at 23.11/16 for Cash,
SHANGHAI DOLLARS Business was arranged early in the morning at 395.1/2 followed by transactions at 394.1/2 and 394, closing with sellers at 394, buyers at 3941/2.
SHANGHAI MARKET Opened with sellers of Sterling for Spot at 3.51/64 and closed with sellers at 9.13/15 for Bpot. U. 8. Dollars opened with sellers for Spot) at 6.31/32 and closed with sellers at é for Spot,
AFTERNOON MARKET The market was quiet in the atternoon,
STERLING
There were sellers at 1/3 Decem- ber/January, buyers at 1/3.1/32
for Cash
U. 8, DOLLARS There were sellers at 23.5/8 for Cash, buyers at 23.11/16 for Cash SHANGHAI DOLLARS Business was arranged at 399.1/2 and 393. The market closed with sellers at 392.1/2, buyers at 393.1/2. SHANGHAI MARKET 3.13/18 for Sterling at U, 8. Dollars at 6, both sellers for Spot
Shanghai Exchange
Shanghai, Dec, 5 (Thursday).
Official T.T. Bates
Opening
London
New York
Japan
India Hongkong
Spot
Doc. Jan
Spot
Dec.
Jan
Sterling
0/3-11/18
5-3/4
24-3/8"
20-3/8 N 24-1/2
Hellers
Opening
Closing?
0/3-51/84-0/3-13/18 0/3-51/640/5-13/18 0/3-35/32 0/3-51/64
1.8. Dollars 65-81/32
-31/528
5-15/16 5-31/32
Market:Qulet but steady.
Silver Duty Eate". The Central Bank of China's tata on London at 10 am, today was.1/2-1/24.
The Equalisation rate was 214 per cent.
Calcutta Exchang
Calcutta, Dec. 4: (Router). T1, on Japan. B1-1/4
LONDON GOLD
London, Dec. 4 (Router). Bar Gold, Fine per os 188/
NEW YORK HIDES March June
12.440 12.26/25
Total sales for the day: 131 NY. Ocial Silver ..... 34-3/4 Ny-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE) *
London, Deo. 4.
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
transmission.
War Loan. 31% Red,
after 1952) Defence Loan, 3%....... Janton-Kloon Rly. 5% Chinese 41% Gold Loan
1898 (Brit. Issue)
Chin. 44% Anglo-French
Loan, 1908 Chinese 5% Crisp Lean
1912 Chinese 5% Reorg. Loan
1913 (Lán. Is.) "incse 8% Ster. Notes..
£
102-15/18
102 12
31
Chin. Imperial Rly 5%
1925 (Vickers), ..............................**
··10
47
nan Rly, 5%
16
fukuáng Rly 5% 1911...
iukuang Rly 5%, 1911-
German: Istic)
*** (LP; N/Y Issue) ... 15
| Lung Taing & U Bal
Riy: 5% 1913
| "hal-N'King: Rly, 6%
Tientsin-Pukow Fly, 5%
(Brit. Stpd.) "fentain-Pukow' fly, 5%-
Germany Stpd.) ................... Tientsin-Pukow Rly. 5% Brit Stpd. Supl, Loan) Tentsin-Pakow Rly..5%
Ger. Stpd. Bupl, Loan) (14 Tan. 5% Ster Loan, 1924 30 Ger. 7% Intl. Loan; 1924. 5 Chartered Bank ü.............. 7}
K2: Sha! Bank (Lán. Reg.1..
12.38b/55a 12.66b/69 22 up 12.21b/336. 13.49/49 23 up contracts.
RESERVE BANK OF INDIA STATEMENT
Calcutta, Dec. 4 (Reuter).
Nov. 22 Nov. 29 Notes in circulation (including Notes held in the Bank. ing Department)... 25,595 25.832 Rupee Coin and Bul-.
lion in India Gold Coin and Bul-
Hon in India Securities "(Indian
Government) Securities (British
Government)
SILVER MARKET
LANDON SILVER
London, Dec. 4 (Reuter). Silver-Little general demand of which part was attributable in some quarters for allver coinage orders for certain empire destina- tions. Business small. steady. In the afternoon, the market was steady with no bust- ness.
Spot, 22-15/18d.
Forward, 22-15/150,\"
Market
LONDON METALS
EXCHANGE
London, Dec. 4 (Reuter).
Tags: Standard, Cash, Middle Price 2257-5/8;
100
Woodward - Iron Cor. Chase National Bank National City Bank
DOW JONES AVERAGE
High Low Dow Jones Averages 152.80 111.84 30 Industriais
32.67 22.18 20. Hails 26.45 18.03 20
Dec. 6, 1940.
High Low Close
131.91 159.99 130.75 27.89 97.76 97.78
Change
.03
35
Dec. 3,
130.70
28.00
Utilities
90.00 83.08 40 Bonds
90 25 20.14
2040 20.10 20,27
03 up
84.0748.47 11 Commodity Index
56.51
80,18 58.77
Basinsan Done:
shares
NEW YORK, with Benourons of ovel U.B.$2,900,000,006;
D. M. BIGGAR,
Second Fior Pram
A Job?
WANT ADS
INDO-CHINA
Semarang Petplay Shangful
Every description of Banking and Exchange businesstransacted. Loane granted on approved securities
Current Accounts opened in Local Currency and Fixed Deposita re-, seived for one year or shorter. periods in Local and Foreign Cur rencies on terms. which will be quoted on application.
BA
Exrosit Boxes To LET.
KAN TONG PO.
Chief Manager.
BANK OF CHINA
Specially Chartered by:
THE NATIONAL GOVERNMENT
* OF CHINA AS AN
INTERNATIONAL 'EXCHANGE
B BANK-
PAID UP CAPITAL $40,000,000.00
STEAM NAVIGATION COOMPANY LTD (BRANORES ALL OVER CHINA)
Operating Services for Cargo and Passengers
Tim Standard, 3 months. Midle Price £280-1/£ ̈ ̈ Market dull.
TO
BWATOW, SHANGHAL TSINGTAU, CHEFOO
And TIENTSIN
-KOBE and OSAKA
.-11.
SINGAPORE, PENANG CALCUTTA
SANDAKAN
-HAIPHONG
All steamare borth alongside the Roosevelt-Terminal in the 'French: "Concession at Shanghai, where passengers and cargo are landed.
Lan, Mid, & Scot.. Rly, 144 Great Western Rly."
334
72.
National Bank of India 201
HK & Bhai Bank (Dol.
Ri
-A Tab (bearer)
84744
76
Junlop Rubber
31/6
|Bristol, Aeroplane ...
10
10/3 4/-
Imperial Chemical Ind.
28
United steel
.........
20/9
For further-particulars
Woolwortha
54/9
please apply tom
Chinese. Eng. & Mining
(bearer) y sana Chosen Corporation. Mercantile Bank of In
dis, £5, 0103 Pekin Byndicate mom 2/7 8'hal Elec. Constr. Co....15/ 8hai Waterworks “A” 13+ Union. Insurance ............................. *20. Gula Kalumpong Rubber 15/7$
Maramate Investments . 718
Western Holdings Bub-Nigel
9/6
167/6-
Shell Tranatá
er div
(bearer)
bid.
PHONEXOX
HESON, CO. LT NERAL MANAGERS
Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extead. to our Clients special facilities for Domestic and Foreign Banking and Enobange
Head Office: SHANGHAI
"Hong Kong Branch: ·
QUEEN'S ROAD, C. South China Offices:
KONGMOUN TUISHAN
CANTON,
SWATOWAŻ SHIUCHOW KINGCHOW
We also handle the issue of Bonda and other Publin Funds of, the Chinees Government both at Home und Abroada
13 SHOU J. CHEN,
Manager.
Standard Brands ......
201
Stand Gas & Mect mod
201
Standard Oil of California 17
18
Standard Ol' of NJ.
Stone & Webster
159
Studebaker Com,
10
Swift International
327
Technicolor
341
Teras Corpn.
4
Texes Gulf Sulphur
57
64).
Timken-Axle .............
291
Trans-America Co.
F
2.
20th Cent. Fox
183
54
Union Bag & Paper Corp.
127
Union Carbide & Carbon
721
321
Union Pacific
781
491
United Aircraft
421
151
United Airlines Trans ...
181
125-united-Corpn.
11
141
United Corph $3 cum pf.
United Gas Corpn.
15/18
United Gas Improvement
10
.171.
US. Industrual Alcohol...
21+
21
171
U'S... Rubber
24
201
UB. Rubber $8 pfd,
921
Interest Bates on Application.
Sourabaya
PELPING
(Peking)
...
FOR ION EXCHANON and Genera Banking Business transacted. Sungei
QURRENT ACcovers opened and Patani
FIXED DEPOSITs received, for One Swatow
Year or shorter perioda in Local or Other Currencies at rate which will be quoted on application.
(Johore) Tientsin
Tokyo
.
New York Taingtao".
Yokohama
Penang
ÜURRENT Account opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or shorter periods in Local and other Car- rencies on terms which will be quoted on application.
Also up to date Bars DEPOSIT Boxes in various sites To Lan Hong Kong, 30th November, 1940.
HONGKONG SAVINGS
BANK
The Business of the above-Bank conducted by the HONGKONG BHANGHAI BANKING COR PORATION. Rules may be obtain " on application. ***
For the HongKong & Boasanai
BANKING CORPORATION. •
Y. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
15, QUEEN'S BOAD, CENTRAI
HEAD OFFICE:
18, PINK STAINT
NEW YORK An-American Bauk offering com plete Foreign Banking Servior in the principal Marketa of the world.
|
SAVINGS Accounts slao opened ja Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London undertakes Executor and Truntes business, and cixims recovery of British Income Tax överpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
'BANK OF · EAST "ASIA, LIMITED
Authorised Capital...$10,000,006,00 Paid-Up Capital 9000 6,508,000.or Beserve and Undivided
Pordts
2,083,261.80
Head Office:HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors:
Bin Saovaon. Chow, Chairman 14 Kom Chan, Esq. Li Lan Bang, Bag, P. K. Kwok, Baq.. Wong Chu Song Bag. Wong Tan Tong, Eaq, Fung Ping Wah Esq. Chan Ching Bhok, Esq,
KAY TONG Po, Esa, Chief Manager L Tax Foxa, Esq., Manager
Branches and Agencicar-
Kalopa
Prosor - Zingapore Bangoon
Maltonzna": Sen Erna, dying
BANKOW
AMY
Batavia
Loudes
Bombay
Chinata
213
US Smelting
.111
BAFE DEPOSIT BOXES
Haiphong
Bankow
UB. Steel
#11
Honefale
New York. Settin Parit
714
save
Vanadium
33
Vultee Aircraft
.84′′
This Bank is entirely owned by
THK Cua Harroza
Bản
Walworth Co.
51.
161
220
Warner Bros. Pict Westinghouse Elec.
31*
104
344
321
3
301