Amer. Sugar Refining Amer. Tel & Tel....
Amer. Tobacco. “B”
Amer. Waterworks
Anaconda Copper
Atchison, T. & S. Fe
Aviation Corp. - ..................
Bar Sliver per.oz
at July
*34.8/4 for Spot.
MARKET
Dull,
STERLING
On demand
On Bangkok:--
On demand
On Sterling Notes:-
Bank Buying Rate
Market Report
FROM ROZA BROS.
Thursday, Dec. 12.
Sliver prices dropped 3/18 yes.
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Com, May New York Hides, March
terday for both deliveries, the NEW YORK COTTON
quotations "being 22.7/8, for Ready Dec. (New contract) and 22.13/16 for Forward, Silver January
advices reported the market as March being quiet with no business done. May -American Silver was quoted
The London/New York cross-Spot rate was quoted at 402.1/2, New
Total sales Tuesday:88,200 bales.
York/London" was quoted at 403.- NEW YORK RUBBER 1/2.
Baldwin Lecometive ...
Baltimore & Ohio
Barber Asphalt Co.
Barnsdall Of ..
(REUTER'S SERVICE)
Bendix Aviation
Prev. Today's High Low Close Close Change
10.20 10.14 10.19 10.14
.06 oft. 20.48 20.44 20.55 20.44b 11 of
Bethlehem Steel
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
COMMODITY MARKET REVIEW (FROM PAYNE & CO.)
NEW YORK, Dec. 11, 1940.
CLOSING "QUOTATIONS SINGAPORE RUBBER
DECEMBER 12, 1940
On London:-----
Telegraphic Transfer. 19 7/3 Bank Bills on demand 1,2 7/9 Credits 4 months' right On Shanghai:-
On demand
On Singapore:—
On demand
FOT JAN-MARCH APRIL-JUNE
Previous
Dec 11
Clore Opening Closing Change buyer's buyers
39 cts.
38-3/4 38-5/8 of 3/3
Previous close Today's close
.38-1/4
ST
The market was dull LONDON RUBBER
380
SPOT
53 3/4
JANUARY
FEBRUARY
On demand
101
.
APRIL-JUNE
On India:-
JULY-SEPT.
Telegraphic Transfer. and demand On New York:-
$82 1/2
On Japan:-
8 8 8 8 8 8 8 8 8 8
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
DECEMBER 12, 1940
FRIDAY,
DECEMBER 13, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital................. $50,000,000 |
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up: $90,000,000 Incorporated by Royal Charter, 1889
Reserve Funde:
Paid-Up Capital ;; £8,500,000 Rezerve Fund
Sterling
£3,000,000
prietors .....
£3,000,00
5,000,000
HEAD OFFICE: LONDON:"
H.E. Currency Reservs $10,000,000 Reserve Liability of Peo Reserve Liability of
38 36-9/4
35
off 1/4 38-9/40, 1/4
STOCKS
Last Sale
{TOCKS
Last sale
Proprietors
$90,000,000
Dec. 11
Dec. 11
madama Ixpress.
01
| Loew'a- The.
301
Head Office:--HONG KONG
buyers
boyers
Change
11-15/16
12
up, 1/16
Alleghany Steel Co.. Allis Chalmers men
232
Luft Incorperated
332
Mack Truck Inc.
28
12-1/18
12-178
up 1/18
Aluminium Ltd,
73
Martin, Glen L
331
12-3/18
12-3/16
unch,
Amer. Candidate
875
MicKesson & Robbins, pfd.
12-1/4 12-1/8-
12-5/16
up 1/16
American Cyanamid B.
3511
Montgomery Ward
Board of Directors: Hon. Mr. J. J. Paterson,
CC. Roberta, Esq.,
12-3/10
up 1/10
Amer, & Foreign Power Amer & Foreign $ pl. Amer. Locomotive Amer. Metals Co. Amer. Radiator
1
M'Erin City Copper Co.
147
National Aviation
16
Nat Dairy Products
1811
National Distillers
01
National Leid
154
Nat. Fower & Light
45
131
Bank Bills,, on demand 23 3/8 Credlis, 60 days' aight 24 1/3
On Batavia:--
On demand On Paris:- "
.......... 43 3/4
46 3/4
148
Now.
22 7/8
After Improving on trade buying, covering and scarcity of bay- ers, the market ruled steady,
NEW YORK COTTON: Bombay interests are reported to be sell- ing. The possibility of new farm legislation at the next ses- sion of congress is an unsettling factor, Trade buying on the scale down falled to absorb scattered liquidation.
NEW YORK RUBBER: The market is reflecting freer shipment
offerings.
라
X
CHICAGO WHEAT: Prices were easier on reports of favourable
growing conditions in the South-West.
NEW YORK STOCKS: Previous close. 131.37; Today's close, 131.78;
Change up 39.
NEW YORK COMMODITY MARKET.
Amer. Rolling Mi
Amer. Sting and Ring Co.
Bank Bills, on demand Nom. Credits 4 months' dight Nom. "
On Baigon:--
On demand".
101 1/9
On Manila
វគ្គនីនិងនីតិវីធីន
Chairman,
Deputy Chairman.
J. K. Bousfield, Eng.,
A. H. Compton, Esq.,
K. 8. Morrison, Esq
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L Shield, Sir Fandeleur M. Grayburn,
„Chief Manager.
38, Bishopsgate E.C.2. Sub-Agencies In Lendon: 117/123 Leadenhall Street, EC
West End Branch:
14/16, Cockspur Street, S.W1 Manchester Branch: 62, Mosley Street, Manchester, 2.
AGENCIES" AND BRANCHES
ALUR STAR
JMRITSAR
BANOX DI
BATAVIA BOMBAY
CALCUTTA
AGENCICO:
CLATE BILET
BAMBIN
ANO
RONG TUNG logoan ILOILO [POE
COB
FAIRLEX PRACY KITALA"- DANTON CAWNFORE
CHRU COLOMBU DELHI
L J. Davies, Esq.,
Hoo. Mr. 8. H. Dodwell, G. Miskin, Baq...,
BLIGON!!
·BREMBAN
Nattorial Supply Corp.
New York Cetat
'KARAOH).
KLANG
SHANGHAL.
SINGAPORE
1701
Niagara Hudson Power
SITIAWAN
+69
N. American Aviation
17
BOURABAYA
8
North American Co.
161
LUÜTÜN
TAIPING
271
Northern Paclic
KUCHING
TUNESIM
171
Branches:
Owens-linols Glass Co.....
451
MADRAS
TOKOKAN
4
Pacific Gas Mec
277
Amoy
Johore
MANILA
Bhukoij
174
Packard Motors
3+
Bangkok
Kobe
Rangoon Saigon
MEDAN
TSINOTAL
34
| Pan-American Airways
154
Batavia
Kowloon San
HALPHONG
10%
Paramount Pictures ...
101
Bombay Kuala
9.
| Pennsylvania RR.
221
Caloutta Lumpur Shanghai
Francisco HAMBURƠ
H&SHOW
NEW YOR PRIPING
Canton
331
Philadelphis Read, Cosy
Chefoo
83
London Singapore Lyons Sourabaya
Philips Petroleum
41
Colombo
Malacca
Bliss & Co.
151
Burgoi
Public Service of NJ,
Dairen
Manila
Soeing Alplane Ca
191
Pullman Inc.......
201
Foochow
Must
Patani SWALOW
Borg-Warner
201
Pure Of ......
י
409
87 801 841 84 off 801 801 12.74 12.41
Briggs Mtg.
251
Radio Corpn. of Am.
Bankow
Malden Tokyo
801
of
Budd MTacturing Corp.
5.
Reading Company.
Com
14
Harbiu
12.52b 12.68b. 18 up
Canadian Paclic R'way
34
Remington Arms Co., Inc.
51*
Iloilo
14
+
{
"October
Close 10.16/17 > 1007/07 10.20/20 ....... 10.11/11
> * 9.94 N 4.38 N
Opening
Closing
...Change
Case, J.L
F81
Republie Aviation Corp.
Ipob
47
10.12/12
10.18/11
.06 off
Celanese...
284
Republic Steel
224
unquoted
20.09 N
- .04 of
Chesapeake & Ohio
44
Revere Corp. A...
111*
in
Chrysler Corpn.
774
10.16/17
10.14/15
.06 of
Reyhold Tobac. "B"
32&t
Combia #& Floc, ..
41
10.08/09
10.08/06
65 ou
Safeway Stores
427
Commercial Credit Do.
30
9.89/90
9.86/86
08 of
Schenley Distillers
101
Com, Southern (Ord.)
9.32/32
9.30/30
.08 off
Sears Roebuck
Π
Consolidated Edison ...
211
10.17 N
10.11 N
,06 off
Shelf Union Of
104
Consolidated. Oil mm.
51
Socony-Vacunum Oil
Continental Can
371
Southern Pacific
Continental Qu
201
Southern Rly $5 pid....
211
January ......... March
20.74b 20.59/55
May
--
There were sellers at 1/3 Decem- ber-January, buyers at 1/3-1/32 for Cash.
... 20.241 30.14b July -(New contract) ...
Total skies:490 tana. CHICAGO WHEAT
unquoted 20.85b" 20.405/55a 20.44b/48a 20.15b/30a 20.230/28a 20.15a
20:056
09 off
Copperweld Steel
19
TRUSTEE and EXECUTOR business undertaken.
Haiphong (Johore) Tientsin
New York Tsingtao Peiping Yokohama Penang
(Peking)
FOREIGN EXCHANGE, and General Banking Business transacted.
CURRENT Accoutra epenéð kie Fixed Depoarte received for Ont Yest of shorter perioda in Losal or Other Currencies at rates - which I will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates cblaïnable”
CURRENT ACCOUNTS opened on application.
Local Currency and Fixed The Bank's Head Office in London Deposits received for one year or undertakes Executor and Trustse shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax overpaid, on terms which may be ascertained as application,
SAFE DEPOSIT BOXES of any of the Agencies and Branches."
B. A. CAMIDOE. various sizes to let.
Manager.
Spicer Manufacturing Co $51
.11 off
Curtiss Wright (C.)
9
Standard Branda
11 öf
Curtis Wright ("A"
28
Stand Gas & Elec;
1.
.09 OR
Deere & Co.
201
Standard Oil of California
177
Distillers Corpn. Beagrams
18*
Standard Oll of N.J.
331
Douglas Aircraft
79
Stone & Webster
71
Du Pont de Nemours
1837
Studebaker Cont
ur conducted by the HONGKONG
Mayées
861/88$
881/87
V.S, DOLLARS
reported. No business There were sellers as 23.5/8 Cash
July
821/821
624/824
861/864 5/82
off
Jagle Pichef. Lead ...
102
Swift International
17]
& BHANGHAI BANKING. COM-"
"off
Estöd Mig 00.
mar
941
Technicolor
91
Was
Tuesday's sales:,161,000 bushels CHICAGO CÓRN
Elee. Adtofte
351
Elée Bond & Share „............
4
Texas Corpn.
391
Texes Gulf Sulphur
301
buyers at 23.11/18 for Cash.
SHANGHAI DOLLARS
May July
004/604
801/601
601/601
off
Elee. Bond & Share 15 p.
581.
Timken-Axle
291
..... 601/60
604/601
601/601
1. of
Elee Bond & Share $8 pf
86
Trans-America Co.
Ered Power & Light $7 pr.
Fimtköte
March June
12.50/41
12.68b/732
.16 up
Geh America Trans.
12.25b/29a
12.53/53
25 up
Gen, Eléctric
Gén Motors
34-3/4
Ger Rällway, Signal
4.03-1/2
Gen. Tire & Rubber...
Glidden. Cort
Goodrich (B.F)
Goodrich $5 pl.
Goodyear Tire & Ca
Great Northern Iron Ore
Great Northern Aly, ptd.
Great Western: Sugar
Greyhound Corpn.
Hercules Powder Oo, mes
Homestake Mining
int Mckel
..................
Inter. Paper & Power
Int. Tel & Tel
SHANGHAI DOLLARS
397.1/2 seilers
£
Kentecott Copper Lakey Foundry & Maé, Libbey-Owens-Ford Glass" 43 Lockheed Aircrsit
יו
45
London
New York
Japan
India
Hongkong
Sterling
1912
Opening 0/3-11/16
Chinese 5% Reorg. Loan.
1913 (Ldn. Ia,)
34
5-3/4
Chinese 8% Ster. Noter.
24-3/8 20-3/8 N 24-1/2
1925 (Vickers)..........
10
Dec. 27 Bettlement
སྦྱཏྟཱ ིི་ ྴ ཟླ་ཚཋ ཱཿ ཐ ཤཱ
1011
13
42-47
1940
Sellers at 307, buyers at 391.1/2. { NEW YORK HIDES
SHANGHAI MARKET Sterling opened with sellers for Spot at 3.49/64 and closed a shade steadier with sellers at 3.25/32 for Spot. U. S. Dollars opened with sellers at 5.15/16" and closed with sellers at 5.31/32 for Spot.
AFTERNOON MARKET
the The market was dull in
No business was re- afternoon. ported.
STERLING
The market closed with sellers
at 1/3 December/January, buyers
at 23.11/16 Cash
U. S. DOLLARS
12.52b 12.28/28 Total sales for the day:-108 contracts. N.Y, Official Silver ...... 34-3/4 NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Dec. 11..
LONDON METALS
EXCHANGE
London, Dec. 11 (Reuter). Tin, Standard, Cash, Middle Price, £256-5/8,
The following quotations are tite! Tu Standard, 3 months, Middle middle prices at the close of the Price, £259-7/8. market in London. All quotations
Sellers at 23.5/8 Cash, buyers are subject to confirmation and no
at 23.11/16 Cash,
SHANGHAI MARKET
Sterling at 3.49/64 and U. 8. Dollars at 5.15/18, both sellers for Spot.
Shanghai Exchange
Shanghai, Dec. 12 (Reuter).
Official T.T. Rates
Spot
Dec.:
Jam
Spat
Déc
Jan.
Sellers
Opening Closing 0/3-48/64 0/3-49/64 0/3-49/64 0/3-3/4
0/3-3/4 0/8-3/4
·UB. Dollars'
$5-15/16' 25-16/16
-5-18 18
5-15/10
5.-15/16 5-15/16
Market:—Quiet.
Silver Duty Este
The Central Bank of China's rate on London at 10 am. today was 1/2-1/2d.
responsibility is assumed for errors in transmission.
War Loan. 3% (Red,
after 1852).
Defence Loan, 3%
Canton-Kloon Rly. 5% Chinese 41% Gold Lean
1998 (Brit Issue) A
Chin 41% Anglo-French-
Loan, 1908
Chinese 5% Crisp Loan.
Chin. Imperial Rly..5%%%
„Loan ionan Rly, 5% Kukuang Riy: 5%, 1911..
(LP. N/Y. Issue) .................
47
164
13
++
Market steady.
SILVER MARKET
LONDON, SILVER
London, Dec. 11 (Reuter). Bilver--Selling by speculators in the absence of support Business limited. Market quiet. In the afternoon, the market was very quiet, with no business,
8pot, 22-7/8.
Forward, 23-13/160.
BOMBAY SILVER
Bombay, Dec. 11 (Reuter).
Offtake 50 bars.
Market--Qulet.
Ready
Indian Mint '81ver
Jan. 22. Settlement ..............
60-09 60-08
80-07
LONDON GOLD
London, Dec. 11 (Renter).
Bar Gold, Fine per oz, 168/-
Bligh Low Dow Jones Averages 162.80 111.84 30. Industrial
Esile 32.67 29.15 20 20.45 18:03 20 Utilities 90.90 83.08 40 Bonds 84.07 48.47 11
This Bank is entirely owned by
Every description of Banking and THE CHASE NATIONAL BANK | Exchang#business transacted. LosDS. NEW YORK, with Resources of granted
D. M. BIGGAR,
Serond Fice Press.
A Job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
SWATOW, SHANGHAL TSINGTAU, CHEFOO
TU-
Pekin Byndicate
d
21-
15
S'hai Elec. Constr. Co.
15/- 131
20
Jukuang 'Bly.' 5%,,1911
German Issue Lung Tsing & U. Hal R17. 5% 1913 iunie S'hai-N'King Rly. 5% Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rły. 5%.
Derman Study Tientsin-Pukow Riy, 5%
(Brit. Stpd. Supl. Loan 15. Tientsin-Pakow RU. 5%
15
(Cer. Stpd. Supl Loan)
ང་པ
15
The Equalisation rate was 21 Jap. 8% Bter. Loán, 1924 304
per cent.
Calcutta Exchange
TT on Japan, 81-1/4
Calcutta, Dec. 11 (Router)...
India Rupee Paper
Bombay, Dec. 1 (Reuter), Gort, 31% Rupee, 14-0-0.
Der: 7% Intl. Loan. 1924
Chartered Bank
HK & 8'hai Bank (Ldn
Reg.)
HK. & Bhai Bank (Col.
Feg) Chinese Eng & Mining
bearer)...
Chosen Corporation. Mercantile Bank of In
dia, 25, "G".
8.
777
བཙོ ༤ ུ ྴ ོར་
80
16/3:
41-
101
B'hal Waterworks "A" Union Insurance Jula Kalumpong Humber 14/4) Lon, Mid & Scot., ly. 137 Great Western Rly. 33 National Bank of India "301 B.-A. Tob (bearer. B4/41
31/0 Dunlop Rubber
10
Bristol Aeroplane
Imperial Chemical Ind. 28/6 United Steel
Woolworths.kzeug
Maraman Investments
21/3
52/3
716-
Western Holdings Ame 9/9..... Sub-Nigel
Rhell Trans, &Trad.
bearFry
bid.
.180...
35/7
and TIENTSIS
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamera: burth alongsille,” the Roosevelt. Terminal in the Franch Concession at Shanghai, where passengers and cargo are landed..
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD.
TELEPHONE ZOZIL GENERAL MANAGERS
approved securities. -- Current Accounts opened in Lotu] Currency and Fixed Deposits re- ceived for one year or shorter periods in Locs! and Foreign Cur rencies ou terms which will be quoted on application.
SATE LEPOBIT Boxes To LET.
KAN TONG PO,
Chief Manager.
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 CHIBA) Owing to our numerous Branches "in" "China" and connectione in the principal Commercial Lautres, of the World, we are able to oxidze to our Clients special facilities for Domestic and Foreign Banking sod Exchange."
CANTON
Bead Office-SHANGHAI
ong Kong Brauch: QUEEN'S BOAD, C South China Uttieca
KONGMOON TUIBILAN SHIUOHOW KINGCHOW * We also handle the issue of Bonda and other Publis Funds of the Chinone Government hoth at Home and Abroad. IA
BWATOW
SHOU J. CHEN,
Manager,
311
181
20th Cent Fax.
Hong Kong. 25th Feb. 1938,
5441
Union Bag & Paper Corp.
12
Union Carbide & Carbon
71
34
THE CHASE BANK
Union Pacifie
751
492
United Aircraft
43
15"
United Airlines Trans
157
121
United Corpa
11
13.
HEAD OFFICE:
United Corp. $3 cum pf. 271
137
United Gas Corpn.
United Gas Improvement
94
181
UB, Industrual Alcohol...
22.
151
UB. Rubber
23€
272
UB. Rubber $8 píš.
87
.
·27
U.B. Smelting
832†
Interest Rates on Application.
11
UB. Steel
701
HONGKONG SAVINGS
BANK
The Business of, the above Bank
PORATION. Buies may be obtain ed on application.
BANK OF EAST ASIA, LIMITED
Authorised Capital $10,000,000.0 Paid-Up-Capital
******** 6,598,800.00
For the BosazƠNG & SHANGHAI | Reserve and Undivided
BANKING Corporation, "
7. M. GRAYBURN,
Chief Manager.
15, QUEEN'S ROAD, CENTRAL
Parats
Head Office:---HONG KONG-
No. 10 Des Voeux Road, Central.
Board of Directors:
Suorso Onow, Chairman
Li Koon Chan, Esq
K. Kwok, Esq.
Wang Chu Bon, Eng
Wong Yun Tong, Esq. Fung Ping Wah Esq. Chan Ching Suck, Esq.
KAY TONG FO, Esa, Chief Manajer
Ta Foxa, Esa, Manager
18, PINE STREET,
NEW YORK. Li
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Bebe
Bombay Onlentia
Branches and Agencies:
Po Kotioas
Blagapore London "Sangoon Вошковув MARTIN Balcon Swatow Malbomens Ball Frame Bydowy Bagsaks
2,989,281.50
Si
Li Lan Sang, Bag.
m
704
Vanadium
331
SAFE DEPOSIT BOXES
51
Vultee Aircraft -.-.-..
BIL
Isiphong
New York Beattie
Hosila
PARIN
Braszaak
Kabe
Palping
Shanghai
COILFIT
24+
Walworth Co. ----
54
167
Warner Bros. Pict.
3+
11*
341
Westinghouse Mec,
1037
Woodward Iron Cor.
321+
31
over, U.S.$9,900,000,000.
31+
Chase National Bank National City Bank
324*
274*
"DOW JONES AVERAGE
Dec. 12, 1940..
Dec. 10,
131.37
27.87
20.09
Commodity Index
90.37 66.01
High Low Close 139.50 131.24 131.70 97.91 27.5 27.67 20.23. 19,90 20:09 90,42
Change
39 up
·GJ off 06, up $6.84.07.off Business Done: 810,000 shares,
.56 off