STOCKS
buyers 12 12-1/8
buyers
Change
"
11-15/16
off. 1/18
Adams. Express Alleghang Steel C.
12:
off 1/8
Allis Chalmera..
12-3/18
12-1/8
of 1/16
Aliminium Ltd.
12-5/10
12-1/4
of 1/4
Ames, Gan wi..
12-1/4
12-3/16
off 1/16
Ameriaan Cyanamid B
Amer, & Foreign Power Amer. Foreign 37 pf. Amer, Locomotive ... Amer. Metals Co.
Amer. Rolling Mill
Amer, Sting and Ring Co. · 431
Arpar, Sugar Refning
Amer. Tel, & Tel:
Amer. Tobacco "B" Amer, Waterworks Anaconda Copper
"
On Balgon:-
On demand
On demand
On Bangkok:-
On demand
46 3/4
149
New York Cotton, March ............ New York Rubber, March
Chicago Wheat, May.
Chicago Corn, May
On Sterling Notes:-"
Bank Buying Rate
Nom.
Bar Silver per oz..........
22-15/16
New York Hides, March NEW YORK COTTON
Close
January
10.04 N
Low High 10.19 10.12 20.25 20.25 844 83) 591 591 12.55 12.41
Opening
10.082
Prev. Today's
Close Close Change 10.15 -10.18
.01 up 20.20b 20.25
.05 up 831 84 59 507 12.63 12.65
Atchison, T. & 8. FC
Aviation Corp...........
Baldwin Lecometivé
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
(FROM
MONEY AND EXCHANGE
COMMODITY
NEW YORK. Dec. 17, 1940. SINGAPORE RUBBER
CLOSING QUOTATIONS & POT
DECEMBER 18, 1848
On Londen:-
Telegraphic Transfer, is 7/-
Bank Bills, on' demand 1/8 7/8...
Credits 4 months' sight
On Shanghai:—
MARKET REVIEW
PAYNE & CO.)
Previous close Today's close
Preylops Dec. 17, Close Opening Closing buyers buyers
Change
38-3/8 38-1/8-38-1/8
of 1/1
JAN-MARCH ..... APRIL-JUNE
38
97-3/4 37-7/8 36-3/4 36-1/2 36-1/2
off 1/8
of 1/4
The market was quiet. LONDON RUBBER
SPOT
On demand
305
JANUARY
On Singapore:—
FEBRUARY
On demand
69 3/4
APRIL-JUNE
On Japan:-
JULY-SEFT.
On demand
102 1/8
On India:
Telegraphic
Transfer.
89
82 1/2.
On New York:-
NEW YORK STOCK EXCHANGE
and demand.
Bank Bills, on demand 23 3/8 Credlis, 50 days' sight 24 1/3
The market was dull
NEW YORK COTTON: The steadiness of near positions is reflect- ing the strength of the spot situation. Believe March and May eventually widen some further over distant months,
NEW YORK STOCKS: Previous close, 131.07; Today's close, 130.53;
Change, of .54, ...
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Amer. Radiator
On Batavia:-
On demand
On Paris:-
43 3/4
Bank Bills, on demand Nom.
Credits 4 months' sight Nom.
Ou Manila:-
QUOTATION
(REUTER'S SERVICE)
DECEMBER 18, 1940
Fo
Niagara 'Hudson Power ... 89-3/9 N. American Aviation
· 19
THURSDAY, DECEMBER 19, 1940.
BANKS
HONGKONG & SHANGHAI] THE CHARTERED BANK OF"
BANKING CORPORATION
· INDIA, AUSTRALJA
AND CHINA
Authorised Capital... $60,000,000
Issued & Fully Paid-Up $30,000,000 incorporated by Royal Charter, 1859
Reserve Funda
Paid-Up Capital £6,500,000 Reserve Fund
Starling
....£3,000,000 £3,000,000
.23,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors.....s
HEAD OFFICE; LONDON:
Proprietors...ion
$20,000,000
Head Office:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
Hon. Mr. B. H. Dodwell,
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Graybuïm,
38, Bishopsgate E.C.9. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.S. West End Branch:
14/16, Cookspur Street, S.W17
Manchester "Branch:
62, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES
MARRIN PRZANO HONG KONG MANGOON. ILOILO
ALOR STÅR
AMRITSAR BANGKOK BATAVIA BOMBAY
CALCUTTA
IPOR
BAIGOM
KARACHI KLANG
KEREMBAN SHANGHAI
BINGAPOR
AGENCIES: KOR Cuv. 8211ET FAIRLER PLACE
Chief Manager- CANTON
Kangoon Saigon
XUALA
AITIAWAN
YOKOSAMA
Last Bale
STOCKS
Last Sale
Dec. 17
Dec. 17
57
Loew's Inc.
344
23
Loft Incorperated
361
Mack Truck Inc.
28
74
Martha, Glen La
32+
S
861
McKesson & Robbins, pfd. 25
347
Montgomery Ward
374.
1
Mtain City Copper Co.
Chairman, C. C. Roberts, Esq.,
Deputy Chairman.
3
151
National Aviation .........
101
J. K. Bousfeld, Esq.,
164
Nat Dairy Products
137
A. H. Compton. Esq.,
18
L. J. Davies, Esq.,
National DistiBers
233
National Lead ........
17
151
Nat Power & Light
National Supply Corp.......
01
13+ 160+
New York Central
13+
3
BOURABAYA
157
61
LUMTUR
TAIPING
North American: Co.
187
264
Northern Parlic
61
Branches:
178
| Owens-Tilinois Glass Co. ...
44
41
Pactae. Gas & Elec
281
Amoy
Johore
CAWNFOSK CREU COLOMBO
KUCHING MADLAR
TIENTUIN
"TONGKAN
MANILA
(Bhuket)
178
| Packard Motors
31
Gangkok
Kobe
DELHI
MEDAN
TSINGTAC
Batavia
Kowloon SAR
Baltimore & Ohio
31
Pan-American - Airways
15
up
Barber Asphalt Co.
92
Bombay
Kuala
"Francisco HAMBURG-
Paramount Pictures
101
Calcutta Lumpur Shanghai
Market Report
FROM ROZA BROS.
Wednesday, Dec. 18.
March
10.15/15
10.15/15
Closing
10.04 N 10.18/18
I up .02 up
Change
unch
Barnsdall Ou
골
Pennsylvania R.R.
221
Canton
London
Singapore
Bendix Aviation
331
Philadelphia. Read, Coal
3/18
Chefoo
"Lyons
Sourabaya
Bethlehem Steel
861
Phillips Petroleum
40
Colombo
Malacca
Sungei
Blas & Cò.
161
Public Service of N.J.
29}
Dairen
Manila
Patani
Boeing Airplane Co.
171
.01 up
Pullman Inc............................
261
Foochow Muar
Swatow
Borg-Wamer
20
Pure Ou
8
Haiphong (Johore) Tientsin
May
10.08 N
10.06/06
10.09/09- 101 up
Briggs Mig.
241
Bankow Mukden
July
9.88/88
9.87/87
9.89/89
01 up
Radio Corpn, of... Am.
5
Harbin
Budd M'facturing Corp.
54*
New York
October
December
9.33/33 9.29
9.30/30
9.32 N
01 off
Reading Company,
·Com., 134
Iloilo
Peiping
11
Canadian Pacific R'way ...
34
unquoted
quotations
being
Silver prices dropped 1/16 yes- terday for both deliveries, the for
Spot
10,15 N
9.28 N unreceived
.01 of
Remington Arms Co., Inc.
51:
[pol
Peuang
Case, JI
57
Republic Aviation Corp.
41
Celanese
271
Republic Steel
211
22.15/16
Total sales Monday:—44,200 bgles.
Ready and 22.7/8" for Forward. | NEW YORK RUBBER
Silver advices reported the mar-January
ket as being steady but quiet. March American Silver. was quoted at May 34.3/4 for Spot
The London/New York cross-
rate was quoted at 402.1/2. New ICAGO WHEAT - York/London was quoted at 408.-
Chesapeake & Ohlo
42
་་
Revere Corp.
111
in
Chrysler Corpn.
751
Reynold Tabac. "B"
311
Columbla Gas & Elec.
44
20.40
|July (New contrast) ....
& 20,200 19.99/99 19.83/83
unquoted. 20.200 20.03/03
19.75b/90a
20.41b/45a
20,25b 20.00/00 19.84b
.05 up
Safeway Stores
42
Commercial Credit Co.
291
,05 up
Schenley Distillers
101
Com, & Southern (Ord.į
.01 up.
Sears Roebuck
781
Consolidated Edison.
22
.01 up
Shell Union' OU
11A
Consolidated Oil ................
5
=
Socony-Vacianum Of
8t
Total sales:-40 tons.
Continental Can
371
Southern Pacific .....
TRUSTEE
and. EXECUTOR
Tokyo
Tsingtao Yokohama
NEW YORK PIPING
HANKOW (Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened "and". FIXED DEPOSITS' received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.··
SAVINGS ACCOUNTS als opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNTS opened Local Currency and Fixed
The Bank's Head Office in Londed Deposits received for one year or undertakes Executor and Truste 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 at application,
SAFE DEPOSIT BOXES, of any of the Agencies and Branches. various sizes to let.
B. A. CAMIDUR.
Manager.
HAIPHONG
Continental Ou
19+
#
Southern Rly $5 pfd.
217
business undertaken.
May
838/831
1/2
"
Dull.
831/831 841/34
Copperweld Steel
181
up
Spicer Manufacturing Co
35%
MARKET
July ...................................... 781/78) ---
781/781
*791/79
Curtiss Wright (C.)
+ up
Curtis Wright “A”
Monday's sales:-15,701,000 bushels. CHICAGO CORN
Deere & Co. ....................
Distillers. Corpn. Seagrams
May
July
59/59 591b
591/591 591/501 591/59+ 597/597
Douglas Aircraft
up #up
En Pont de Nemoirs
Eagle Picher Lead
บ
Eaton Mfg. Co.
June
12,63/63 12.42/42
12,64/51 12.65/85 12.30b/473 12.43
"02 up
Elec. Autolite
.01 up
Elec Bond & Share
Dled Bond & Share $3 pi.
Elec Bond & Share $5 pf.
34-3/4 4.03-1/2"
Elec. Power & Light 37 pf.
Flintkoter
Gen. American Trans,
London
New York
5-11/18
Japan
24-1/8
20
nominal
after 1952)... Defence Loan, ....... 101 Janton-Koon Fly. 5 13 Chinese 4 Gold Loan
1021
1898 (Brit. Issue)
44
24
Chinese 5% Gold Bonds,
1925/47.......
42-47
Chin. 41% Anglo-French
Loan, 1908
45
Chinese 5% Crisp Lean
28+
STERLING
There were sellers at 1/3 De- cember/January. buyers at 1/3- 1/32 for Cash.
||
| NEW YORK HIDES U S. DOLLAKS Sellers at 23 11/16 for Cash, March buyers at 33/4 for Cash
Total sales for, the day:--30 lots vari.y. Official Suver...... 24-4/3
NY-London Cross Rate 4.03-1/2
SHANGHAI DOLLARS Business was arranged at ous lutes Opened with sellers at 404.3/4 and at the close sellers were offering 506 for Cash, buyers bidding 406.3/2.
SHANGHAI MARKET Opened steady with sellers at 3.11/16 for Spot. Towards the close the rate receded to 3.43/64 for with Spot, US Dollars opened sellers at 5.27/32 and last advices indicated sellers at 5.13/16 tor Spot
Shanghai Exchange
Shangtal, Dec. 18 (Reuter);
Official T.T. Rates.
Opening 0/3-5/8
India
Parig
Hongkong
Spot
Dec. Jan.
Spot
Dec. Jani.
Sterling
Sellers
Opening Closing
0/3-43/640/3-11/18
0/3-43/64 0/3-43/84 0/3-21/32 0/3-43/64 U.S. Dollar
25-13/16 $5-27/32 5-13/18 5-13/16 6-25/32 5-13/18
Market:-Quiet.
Silver Duty Rate
...The Central Bank or · China's rate on London at 10 am: today
was 1/2-1/2a.
The Equalisation rate was 211 per cent..
Calcutta Exchange
Calcutta, Dec. 17 (Reuter),
TT, ou Japan, 81-1/4.
SILVER MARKET.
.- LONDON SILVER London, Dec, 17. (Reuter). Silver-Little more
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Dec. 11. 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 ia transmisalon.
War Loan, 31% (R60.
1912 Chinese 5% Reorg. Load
1913 (Ldn. Is,) Chinese 8% Ster. Notes,
1925 (Vickers)
Thin. Imperial Rly. 6%
Loan Monan Rly, 5%
ukuang Rly 5%, 1911.
L.P. N/Y Issue)
kuang Rly. 5%, 1911
Ha!
Germán Issue)......... Lung Taing U
Riy. By 1913 hal-N'King Rly. 5% Tientsin-Pukow Rly, 5%
(Brit. Stpd.)
flentin-Pakow Rly. 5%
(German) Stpd.)
entain-Futow Rly. 5%%%
(Brit. Etpd. Supt. Loan)
34
ཆ བ རྒྱལ ཆ ཤྲཱ སྒྲ ཉི
47
-181
15
15
Tientsin-Pukow Bly. 5%
-
-Ger, Styd, Supt Loan)
15...
Jap. 5% Ster, Loan; 1924 257
offering.
Chartered Bank will
Business limited. Market quiet Ger, 7% Intl Loan, 1924 - 6
but steady.
Spot, 2-15/180.
Forward, 22-7/84
LONDON METALS
EXCHANGE
London, Dec, 17 (Renter).
Tin,
Price,
u
↑ K. & 8'hai Bank (Ldn.:
Reg.)
HE. & Bhai Bank, Col.
Peg)
Chinese Eng & Mining
(bearer)
Chosen Corporation. ...
སྙ ུ ཋ ཋ E7ཎྜ✖བག
81
H.K. STOCK- EXCHANGE
The market a quiet with a Alzh undertone. The following dividends on Phillipine Cold shares are reported.
Masbates 01 ctvos. IXL .02 ctyos.
BUYERS
HK. Banks. $1,395, Canton Ins., .$190. Union Ins. $395,- Wharves, $92.
Docks (Old), $18.10. Docks (New), $17.40.
Providents, $5.80,
Hotels, $3.50. Realties, $3.75.
Lights (Old) (C.D., $7,40. Lights (New), ̈°C.D., $7.95% Sandakan Lights, $11,20.
Ropes, $1.
Dairy Farms, 319,15, Watsons $10.40.. Entertainments, $7. Constructions (Old), 31.60,
SELLERS
Realties, $3.95.·*.. Electrics (Old), $40.50,
Vibro Piling, $7.70.
·· SALES
H.K. Banks, $1,365. Providents, $5.60.
Trams, $17.70. Telephones (Old), $25.75. Watsons, $10.60.
LONDON GOLD""
London, Dec, 17. (Reuter). Bar Gold, Fine per oz, 168/-
Union Insurance
20
Gula Kalumpong Rubber. 15/73 Lon.. Mid, & Scot,, Rly. 134 Great Western Rly. "...... 321 National Bank of India 31} B.-A Tob (bearer).
Dunlop Rubber-
Bristol Aeroplane
85/7)
32 9/9.
|Imperial Chemical Ind. 28/10}
Woolworths
United Steel
18/3
41
Marsmai. Investments
21/6 53/75 7/6...
Western Holdings
dia, £5,"G":
101
sub-Nigel
100
21-
hell Trans.
& Trad.
8'hat Elee, Constr. Co., Stu! 'Waterworks
(bearer)
13)
bid,
ex, div
Standard, Cash, Middle Mercantile Bank of In 257-3/8,
Tin, Standard, 3 months, Middle Pekin Syndicate
"Price. £280-1/8
Market steady,
(ten. Electric
Gen Motors
Gen. Hallway Signal Gen. Tire & Rubber Glidden Co. Goodrich (B.F.). Goodrich $5 pt. Goodyear Tire & Co. Great Northern Iron Ore Great Northerzi Rly, pto. Great Western Sugar Greyhound Corpn: Hercules Powder Co. Homestake Mining Int Nickel
Inter. Paper & Power Rat, Tel. & Tel ...... Kenrecott Copper Lakey Foundry & Mac, Libbey-Owens-Ford Lockheed Aircraft
181
United Corpn. 33 cum pf: 284 United Gas Corpn. United
U.S., Industrual Alcohol
U.8. Smelting
1.8. Steel
Vanadium
Valtse Aircraft
DOW.JONES AVERAGE
Dec. 18, 1940,
High Low Close
131.34 130.09 130,53
Change
1940
High Low Dow Jones Averages 152.80 111.54 30 Industriale
Rails Utilities Bonds Commodity Index
Dec. 16, 131.07
27.62
19.03 93.01
55.91
Business Dons:-700,000 shares
- 32.67 22,15 20 98.45 18.03 20 91.01 83.08 40 8407 48.47 11
0.64 off 27.60 27.39.97.46: 0.14 off 19.99. 19.75 · 19,81. 0.12 off 90.95 0.08 off $6.04 0.13 up
HONGKONG SAVINGS
BANK
The Business of the above Back conducted by the HONGKONG 2 SHANGHAI BANKING COR PORATION, Bules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hout Kona 25th Feb., 1939.
An American Bank offering com- plete Foreign Banking Service
BANK OF EAST ASIA, LIMITED
Authorised Capital$10,000,000,00 Paid-Up Capital 5,599,500.00 Reserve and Undivided
Porn ................2,983,261.50-
Head Office:-HONG KONG No 10 Des Voeux Road, Central
Board of Director.” „ Biz SnorBox Chow, Chairman Li Lan Sang, Esq.
Li Koon Chun, Eag
P. K. Kwok, Esq, Wong Yun Tong, Esq.
Chap Ching Shok, Baq,
Wong Chu Son, Esq
Fung Ping Wah Esq,
KAY TONG PG, ESQ., Chief Manager Li Tax Fona, Esq., díanager
Branches and Agencies:-
in the principal Markets of the Ame world.
This Bank is entirely owned by THE CHASE NATIONAL BANE, New York, with Resources of over U.S.$2,900,000,000. · ·
Batavia
Beshay
Calcntia
Ephong
Kervsoon Редак Blogspor Hayot Loudon
Beatsya Manila Balon Bwbow Melbourne San Fran, Bydney
Peipian
alsos Fantas
Satrang
·Shadybał
7
Couver
Every description of Banking and Exchange business transacted." LoanDe granted on approved securities.
D. M. BIGGAR,
-Second Fice Press..ceived for
AJobz
WANT ADS
INDO-CHINA
Current Accounts opened in Local Currency and Fixed Deposita re
year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE LEPOSIT Boxes To Lar.
KAN TONG PO,
Chief Manager:
BANK OF CH
CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
"OF CHINA AB ́AN INTERNATIONAL EXCHANGE
BANK CAN PAID-UP CAPITAL $40,000,000.00
STEAM NAVIGATION COMPANY LTDA (BRANURES ALS OVER URINA)
Operating Borricas:for Cargo and Passengers
SWATOW, SHÁNGHAL TSINGTAU,
and TIENTSIN,
KOBE and OSAKA
SINGAPORE, PENANG and
BANDAKAN
HAIPHONG
All itenmera berth alongsido the Roosevelt Terminalín. the French Concession at Shanghai, where passengers and cargo are landed,
For further particulars
please apply, to-
JARDINE MATHESON Co.,LTD. TELEPHONE SOJII GENERAL MANAGERS
Owing to our numerous Branches | in China and connections in the pridipal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Offee:-SHANGHAI Hong Kong Branch.
QUEEN'S "ROAD, C. South China Offlong
CANTON
-KONGMOON
TOISHAN
SWATOW SHIUCHOWA KINGCHOW
We also handle the impe of Bonds and other Public Bands, of the himpse Government both at Home and Abroad. ZEA
BROU J. CÉEN, M
Manager.
81
Sandard Brands
61
28
Stand Gas & Elec.
I
211
Standard Ofl of California
18
18
Standard Oil of N.J.
331
Stone & Webster
1633
Studebaker Com.”
101
Swift International.
181
341
Technicolor.
35
Texas Corpn.
391
37
Texes Gulf Sulphur -
307
58p
Timken-Axle
.......
291
661
Trans-America Co.
321
20th Cent. Fox.
147
Union Bag & Paper Corp,
124
54
33
Union Carbide & Carbon
694
THE CHASE BANK
Union Pacific
3 7 8 7 7 8 7 9 5 8 28.8798
United Aireraft
143
United Airlines Trans
437
15
United Corpn
131
131
...
Cas Improvement.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
19, PINE STREET,
NEW YORK:
B+ 227
267
US. Rubber (...............................
24
..20
US. Rubber 18 pfd.
87
64
Interest Rates on Application.
69
Hankow
322.
SAFE: DEPOSIT BOXES
· Honolulu
New York Parla
Beattie
71
23+
152
351
Glas
42
Walworth Co. Warner Bros. Pict. Westinghouse Elec. Woodyard Iron Cor. Chase National Bank National City Bank"
54
31
103 32