98-3/4- 33-1/2 38-5/8 off 1/8 37-3/4 97-1/2 .37-7/8 36-1/2 38-1/4 36-5/8.
P
up 1/8
STOCKS
PAGE 10 HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS DECEMBER 7, 1944.
On. London:-
Telegraphic · Transfer. 1/2 7/8 Bank Bills, on demand 1/a 7/3 Credits 4 months' sight
COMMODITY MÄRKET REVIEW
(FROM PAYNE & CO.)
NEW YORK, December 7, 1940,
SINGAPORE RUBBER
SPOT
| JAN-MARCH
APRIL-JUNE
Previous
Dec. 7
Close Opening Closing" Change. buyers buyers
NEW YORK STOCK EXCHANGE
QUOTATION
(ESUTER'S SERVICE)
DECEMBER 8, 1940.
MONDAY, DECEMBER 9, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... $50,000,000
INDIA, AUSTRALIA.
VAND CHINA
Issued & Fully Paid Up $90,000,000 Incorporated by Royal Charter, 1258
Paid-Up Capital £6,500,000 Reserve Fund
Reserve. Funde ?--- Sterling. H.K. Currency Reserve $10,000,000
Reserve Liability of
£3,000,000 £3,000,000
Proprietors
#90,000,000
Reserve Liability of Pro-
prietors......
£3,000,000
The market was steady.
Da Bhanghai:-
Leak Bala: Dea, 7
STOCKS
Last Bale
Dec
Head Office:-HONG KONG
On demand
380
| LONDON RUBBER
Previous close Today's close
Adamą Expeyor wanita.
5] |
On Bingapore:---
buyers
buyers
Change
Alleglinny Steel. Da no 23)
|Loew'ą Inc.
Loft Incorporated
301
197
On demand
62 3/4
9 POT
11-7/0
Allis Chalmers
341
Mack Trucking.
201
Board of Directors: Hot. Br). ). Paterwon,
On Japan:
JANUARY
12-1/16
Almahtium Ltd.
72*
Martin, Glen L
322
Ohairman.
On demand
• 100
On India:
Telegraphic
Transfer.
"
On demand.
On Paris:...
and demand
On New York:--
FEBRUARY APRIL-JUNE
es 1/2 JULY-SEPT.
Bank Bills, on demand 23 7/18 Crediis, 60 days' sight 14 3/18
On Batavia:-
43 7/8
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
NEW YORK COTTON: Bombay Interests are reported to be buying July and October on straddles. Local spot houses are selling. CHICAGO WHEAT: Steady of reports of credits to Spain, the mar-
ket was, otherwise, quiet
NEW YORK STOCKS: Previous close, 130.83; Today's előse, 131.29;
Change up 90.
12-9/16
Market closed.
Amer. Can ummės
83)
McKesson, & Robbins, pid.
C. C. Roberta, Esq.,
13-1/4
American Cyanamid B.
341
Montgomery Ward
378
!
-12-1/8
Amer. & Foreign Power ...
11
M'tain City Copper Co.
J. K. Bousfeld, Eng.,
Amer. Foreign $7 pt. ...
141
National Aviation ......
101
A. H. Compton, Esq.,
Amer, Locomotive
150
Mak. Dairy Products
13+
I J. Davies, Esq.
Amer, Metals Co.
10*
National Distillers
Hon. Mr. S. H. Dodwell,
Amer, Radiator ..............
7
National Lead
178
G. Miskin, Esq.,
Amer. Rolling MUTI
15
Nat, Fower do Light
K. 8. Morrison, Esq.,
Amer. B'ting and Ring Co.
43+
National Supply Corp.
Amer, Sugar Redning
131
New York Central ....
137
Amer. Tel & Tel
169
Niagara, Hudson Power ...
31
Amer. Tobacco "B"
691
N. American Aviation
17)
On Saigon:-..
On demand.
Co Manila:--
Amer. Waterworka
· North American Co. s.
16]
On demand
đô Bangkok:
On demand
................ 101 3/4
46 7/8
NEW YORK COMMODITY MARKET
Anaconda Copper
28
|Northern Pacific.
Atchison, T. & 8. Fe
17
Owens-Illinois Gisss Co....
452
Amoy
Branches: Johors
HEAD OFFICE: LONDON:
38, Bishopsgata E.Q.3 ̧· Sub-Agenclm In Lendon: 117/199, Leadenhall street, Eca
West End Branch; :-
14/18, Cockapur Street, S.WI Manchester Branch:
Deputy Chairman. 52, Mosley Street, Manchester, 1.
Hon. Mr. T. E. Pester,
Hon. Mr. A. L. Shielda, Sir Vandeleur M. Grayburn,
AGENCIES AND BRANCHES
AMRITSAN RANGEDE
BATAVIA
BOMBAY
CALOUTTA
MARKTE HONG KONG BANGOOS ILOILO
1900
RONNCIES: TO QLITE STEEP
FAIBLAN PLACE
Chief Manager CANTOR
CAWNPORE EINU
KUALA
LUMFUR
KUOHING MATYSTE
· ALOE STAR
PEKANG
(REUTER'S SERVICE)
Aviation Corp.
47
Pacific Gas & Elec
Bangkok
Kobe
...... 147 1/3
On Sterling Notes:-
Bank Buying Rate
Nom.
23
Bar Silver per on
Market Report
FROM ROZA BROS,
December 7, Silver prices rose 1/16 yesterday for both deliveries, the quotations being 23 for Ready and Forward. Silver advices reported the market * being steady but quiet. Ameri- can Bliver was quoted at 34,3/4 for Spot.
Dec. (New contract)... 10.23/23 January March May July October Spot
Total sales Friday:-62,500 bales.
NEW YORK RUBBER ·
The London-New York стов- mate was quoted at 4-1/2. New January York-London' was quoted at 403-March .1/8..
New York Cotton, March New York Rubber, March Chicago Wheat, May
High .10.20
محيط
90+ 85
Chicago Corn, May
New York Hides, March
NEW YORK.COTTON
601 59 12.66 12.63
Prev. Today's Low Close Close Change 10.21 10.25 10.23 .02 of 20.35 20.45b 10 up
85+ 594 60 1260 12.84b .04 up
Baldwin Lecometive
164
Packard Motors
to
Batavin
Kowloon
Kangoon Baigon San
COLOMBO
MANILA
DELHI
MEDAN
SAIGON
KICKMEJOR
KARACHI XLANG
SHANGHAI
SINGAPORS
SITIAWAN
SOURIBATS
TAIPING
TIKITRIN
TOMDKAX
(lihaksi)
TINGTAO
Baltimore & Ohla ........
31
Pan-American Airways
18+
Bombay
Kuals
Francisco
Barber Asphalt Co.
10%
Paramount Pictures
Calcutta
Shanghai
HANKOW Lumpur
Barnsdal! Of
9
Canton
London
Pennsylvania R.R
221
Singapore
Chafoo
Lyons
Sourabaya.
1 up
Bendix Aviation
321
Philadelphia Rend. Coat
**
Colamix
Malacca
Sungei
1 up
Bethlehem Steel
87
Phillips Petroleum ·
401
Dairen
Manila
BUKA & Co...
144*
Public Service of NJ.
28+
Foochow
Musr
Swatow
Bucing Airplane. Oo,
181
92
Haiphong
(Johore) "Tientsin
Close
Opening 10.18/18
Closing
Change
Borg-Warner
201
Pure Of
Bankow
Mukden Tokya
.
10.18/18
.05 of
Briggs Mfg.
25.
Radio Corpn. of Am.
5
Harbin
' }
..... 10.15 N
10.09b/12a
10.11 N
...04 "off
Budd M'facturing. Corp.
S
Reading Company,
Com
184"
Iloilo
{
i
}......
10.25/27
10.21/21
10.23/23
.02 off
Canadian Pactic R'way
31.
Remington Arms Co., Inc.
"
k
10.19/18
10.14/15
10.17/17
.02 off
Case, JI
03
Republic Aviation Corp.
(
..) ...... 9.09/08
9.94/94
9.04/94 * *,05 of
Celanese
231
Republic Steel
221
9.41/41 10.23 N
9.36/36 9.401
2
10.18 N
*-possible mutilation
..01 off .05 ot
Chesapeake & Ohio
431
Revere Corp.
11
Chrysler Corpn."
77
Reynald Tobac,” “B”
33
Columbia Gray & Mea.
.4
Bafeway Stores
421
Commercial Credit Co.
31'
Schenley Distillers
10
Com, & Southern (Ord.)
13/14
Sears Roebuck
77}
Consolidated Edison
21
Shell Union 00
10+
20.55b 20.35/35
May
20.15/15
MARKET
Steady.
STERLING
July (New.contract) ... 29.03 N
Total sales-60 tons,
CHICAGO WHEAT
unquoted 20.70b
.15 up 20,31b/44a, 20,45b/52% .10 up 20.10b/202 20.23b/30h 10 up.. 19.85/85 20.06b/15a -.12 up
Consolidated 04'...
51
Bocgny-Vacunum Of
Continental Can Continental Oil
38
Southern Pacific
81
199
Southern Rly $5 pfd.
214
Copperweld steel Curtiss, Wright (C.)
19
Spicer Manufacturing Co
35
Standard Branda ......
61
Curtiss Wright '"A"
234
Stand Gas & Elec, ............................ 1
Deere & Co,
" 201
Standard. Oll of California
174
There were sellers at 1/3 Decem- ber, buyers at 1/2-1/33 for, Cash.
U. 8. DOLLARS
May
July
811/81
851/85# 81/61
861/861 82/82
Distillers Corpn. Seagrams
- 17**
Standard Of of NJ.
331
+ up
Douglas Aircraft
78
Stone Webster
71
כנן
H
Du Pont de Nemours
163
Studebaker Com
&
'buyers at 29.13/18 for Cash,
closed with sellers at 385, buyers at June 305.1/2,
to busineser was reported. There were sellers at 23.3/4 for Cash
SHANGHAI DOLLARS
Some business was arranged at ! NEW YORK HIDES 390 and also 386.3/4. "The market March
- Friday's sales:-10,201,000 bushela.
CHICAGO COEN
Eagle Picher Lead..........
10*
Swift International
17
Eaton Mig Co.
34
Technicolor
91
Elec. Autolite.....
· 351
Texas Corpn.
38+
May July
504/503 598/594 601/591 501/50%
80/80
-up
Elec Bond & Share
4
Texes Calf Sulphur
35+
801/001
i up
Elec, Bond & Share $5 pr.
573*
Timken-Axle
201
Elec Bond & Share $8 pf.
641
Trans-America Co..
小
Elec. Power & Light #7 pt.
31%
20th Cent. For
5t
12.80/60 12.40/40
12.60b/60% 12,64b 12.40b
10
.04 up
Flintkote. a.
149.
Union Bag & Paper Corp.134
1245/45
Gen. American Trans.
554
.06 up
Union Carbide
Carbon
THE CHASE BANK
71
Total sales for the day:-23 contracta,
Gen. Electric
3311
Qen Motors,
unquoted 4.03-1/2
Gen. Railway Bignal
Gen. Tire & Rubber Glidden Co.
with sellers at 3:25/32 for Spot.
Goodrich (BF) Goodrich 35 pt.......
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Rly, pfd.
Great Western Bugar
Greyhound Corpn.
Hercules Powder Co
Homestake Mining
Int Nickel-
Inter Paper & Power Int. Tel, & Tel
LONGUN
Kennecott Copper ............. Lakey Foundry & Mac...m Libbey-Owens-Ford Glas Lockheed Aircraft
MHANGHAI MÁRKET
N.Y. Official Bülver 34-3/4
Sterling sellera for Spot at NY-London Cross Rate 4.03-1/3
3.51/04 at the opening, and closed
US Dollars opened with sellers st
6. Subsequently the rate receded
to. 5.51/52. and at the close. LONDON STOCK
for Spot were again quoted at 6.
Shanghai Exchange
Mangħa, DA ↑ (Reuter).
òficiki TT. Katas
Opening 4/2-12/18
New York
Japan
India
Hongkong
...... 8-3/4
24-3/8 20-3/839 ..... 24-1/2 Sterling..." Sellers
Opening
Closing
0/5-51/640/3-49/64 0/3-25/32 0/3-49704 0/3-25/33 0/3-49/64 US Dollars
Spot 2.
Dec. JALL
Spot
Dec...... 8.
Jan
5-91/32
Market:-Uncertain.
EXCHANGE
JAPAN HARD HIT BY IRON EMBARGO
TOXXO, Dec. 8 (Keuter)—ine Chairman, a Director and five auditors of one of Japan's largest bron-manufacturing concerns an- nounced their resignation yester~
"REUTER'S SERVICE)
London, Dec. 6. The following quotations are the middle prices at the close of the day. market in London. All quotations Reasons aven were the stran ite, sithjant to confirmation, and no ed international situation,” the responsibility is assumed for errors embargo on scrap fron exports by In transmission.
The Central Bank of China's rale en London at 10. a.m. today?
vas 1/2-1/24.
Honan Ely, 5%.....
The Ermalization rate was 211 Hukuang Hly 3%. 1911..
per cent.
India Bopee Paper
«German -Issue).
102-11/16
10
Australia and the United States and the embargo on pig-iron ex- ports by India, which made it im- Possible to carry ou
SILVER MARKET
BOMBAY SILVER Bombay, Dec. 7 (Reuter). MarketSteady. Offtake 100" bars,
Indian Mint Silver
Ready odazomerpart 61-00:
60-15 60-14
4040
DOW JONES AVERAGE
High Low Dow Jones Averages 152.80 111.84 30 Industrials
22.67 1215 90 Rails
Dec. 8, 130.23
27.57
Dec. 8, 1940.
High Low Close 131,43 130.48 131,29. 97.81 27.57 $7.80
Change
96 of .23 of
· Kaw' YORK, with Basourons al orig 1.8.$3,800,000,000.
NEW
28.40 18.03 90
90.90 82.00 40
64.07 48.47 11
Utilities"
Bonda Commodity Indext
2018 50.19 $0.05 30.14 01 off
90.18
50.39
90.22 .04 off 54.47
:03 off
Business Done:—400,000"shareS
D. M. BIGGAB,
Second Fish. Pria,
A Job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
$6-31/32 5-31/32
Was Loan, 34% (Rad,
after 1942) Defence Loan, 3%
103 Janton-Kloon Rly. 5% 12 Chinese 41% Gold Luan
1806 (Brit, suo)....... Chin. 44% Anglo-French
Loan, 1908- Jhinese 5 Crise Loan.
381
41-48
5-51/16-
1913.*** Chinese 5%*Rearg, Loan.
20
„1813 (Láž. IS)
31
Silver Duty Este
Thinese 8% Ster. Notes.
1925 (VickeXB)
Dec, 27 Settlement
10
Chin. Imperial Rly. 4%
Jan, 22 Settlement Jan.
Loan...
18
(LP. N/Y Issue) ......
Chosen Corporation
.4} ~
Hukuang Rly. 5%, 1911
Mercantile Bank of In-
13
dia, £5, “G
101
TO
Lang Tsing"&" U Hal
Pekin Syndicate.....
2/-
Bombay, Dec. 7 (Reuter), Govt. 91% Rapes, 94-0-0.
Ry. 5% 1913
14
B'bal Elec. Constr. Co...v.....
15/-
| S'hai-N'King Rly. 5% ... 15
Tientsin-Pukow #ly. 5%
| B'hai' Waterworks „“A”
Unton Insurance
131 20
(Brit. Stpd.) mai Fientsin-Pakow. Aly. 3% (German Etpd) ......... Tientsin-Pukow] Rly." 5%
(Brit. 8tpd. Supl. Loan) 15 Tientsin-Pukow Rly, 5%
(Ger. Stpd. Supl. Lown). 15
15
| Lớn, Midi & Beot, Ply, 141
15
Great Western Rly...... National Bank of India 301
B.-A. Tob Thearer)
83/9
Dunlop Rubber
31/41
Bristol Aeroplane"
9/10
31
Emperial Chemical Ind
28/3
and cargo ate landed
EXCHANGE
Ger, 7% Intl. Loan, 1924
0.
United Steel snamä
21
Chartered Bank
Woolworths
53/9
London, Dec. 8 (Router)
Tandard. Cash,
Middle
Price. 2257-1/6-
Tin, Standard, 3 aths, Midals
HK. & Shal Bank (Län
·Reg H.K.& 8bal Bank (Cal.
Bog) Chinese Eng. & "Mining
(bearer)
Marsmat Investments.
10
75
Western Holdinga Sub-Nigel
9/0
y
162/6
78
thell Trans, &Trad
(bearer}
83/9
16/3
bid.
Calcons Exchange
Calcutta, Dec. 7. (Reuter). T2, on Japan. 81-1/4.
LONDON METALS. 8% Ster: Loan, 1924
Price, £258-7/B][
--Market quiet..
Oula Kalumpang Rubber 15/7/
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG.
All steamers berth alongside the Roosevelt Terminal fo the French Concession st
Shanghai, where passengera
For further partiumlara :
please apply to
JARDINE MATHESON& Co.Lrm. TELEPHONE SOSIL GENERAL MANAGERS
Every description of Banking and Ezchange business transacted. LoaZE granted on approved securities.
Current Accounts opened in Lona). Currency kid Fixed Deposita re- ceived for ons 'FEAT OF" shorter periods in Local and Foreign Cur-. ronales on terms which will be quoted on application.
SAT EXPONIT BOXES TO LAY...
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AÐ AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00 (Branches Aiz Over China) Owing to our numerous Branches in China" and, amnectioni în "the principal Commercial Centres of che World, we are able to extand" So our Clients special facilities for Domestic and Foreign Banking sad Exchange.
Bead Office-BHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, C.
South China Oploca---
UANTON
KONGMOON [SWATOW
TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonda and other Publio Funds of the Chiness Government both as Home
and Abroad,
SHOU CHEN
[anager
Union Pacific.
781
491
18, QUEEN'S BOAD, CENTRAI
| United' Airoraft
421
151
United Airlines Trans ......
151
HEAD "OFFICK;
124
united Corpn.
11
137
United Corpn. $3 cum pt.
231
NEW TORE
Li
131
United Gas Cotpa, sanaci
15/18
621
Daited Gas Improvement 10
171
UB. Endustrual Alcohol.
211
16
U.B. Rubber
24
Patani
New York Taingtao
Yokohama Peiping
[poh.. Penang
CURRENT ACCOUNT opened in LOCAL CURRENCY and Fixu Deposits received for one year or shorter
KRW YORK PHIFING
(Peking)
FOREIGN EXCHANɑs and General ...: Banking Business 'transacted.
ORBENT Ácc0vzas eposed and Fix Darosira received for One Year or shorter periods in Losal or Other Currencies at: rates which will be quoted on application.
Savings AccouXis also opened it Local Currency and Sterling with interest allowed at rates obtainabk on application.
The Bank's Head Office in London
periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, co quoted on application.
Also up to date SATS DEPOSIT terms, which may be ascertained a spy of the Agencies and Branchen. Boxes in various sizes To LET
R. A. CAMIDGE, Hong Kong, 30th November, 1940.
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG
BHANGHAI BANKING COR PORATION, Bales may be obtain ed on application, t
For the HosOKONG & SHAKOMAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1908.
16, PINE STREET,
An American Bank offering.com plete Foreign Banking BarrÑOS in the principal Markets of th world.
BANK OF EAST-ASIA
AMITTED
Authorised Capital.....$10,000,000.00 Paid-Up Capital 6,598,800.00 Rostrva, and Undivided
Pornta
..2,033,161.00
Heid Duca HỒNG KONG No. 10. Des Voeux Road, Central
Board of Directors:
Bin Snovsor Oxow, Chairman Lá Koun Chun Baga Li Lan Bear Bag P. K. Kwok, A.
Wong Dim Sony
Wong Tu Tong, Eng, Fang Ping Wak KUI, Chan Ching Shck, B
KA Toxa Po, Pia, Chef Manager
Tst Fóna, Eas, Manager
Branches and Agencies:- -
HAIPHONG
TOKOHANS
HAMBURG
261
US. Rubber 13 pid
B8+
Interest Rates on Application.
201
US. Smelting
681
SAFE DEPOSIT BOXES
111
UB: Steel
8911
HANMORE Hankow Resoluta
cime
New York
70%+
Vanadiuza
337
Vultes Aircraft
This Bank is entirely owned--b-
Tes CHISE NATIONAL
234
Walworth Co.,
51
167
Warner Bros. Pict.......
31
Westinghouse Elec.
1031
341
Woodward Iron Cor
32)
431* 30+
Chase National Bank National City Bank
321*
27