NEW YORK, Dec. 21; 1940.
SINGAPORE RUBBER
& POT
JAN-MARCH
APRIL-JUNE
Previous Dec, 21
Close
Opening Closing Change. buyers buyers 38-1/4 38-1/4 38-1/4 ............. 37-3/4 · 87-3/4 37-7/8 38-1/2 36-1/2 38-5/8
unch. up 1/8 up 1/8
STOCKS
» The market was quiet but steady.
On Shanghai:-
On demand
| LONDON RUBBER
Previous close Today's close
406
Adams Express"
On Singapore:-
buyers
buyers
Change
Alleghany Steel Oc
On demand
11-7/8
Allis Chalmer
11-15/16
Aluminium Ltd
Op demand
10A 1/9
12-1/16
Market closed
Amer. Can.....
On India:
12-3/16
American Cyanamid B...
Telegraphic Transfer.)
JULY-SEPT.
12-3/10
and demand ............................ On New York:-
**Jez 1/3
Amer. & Foreign Power ...
Amer & Foreign $7 pf. ...
Amer. Locomotive
Bank Bills, on demand 93 7/16 Crediis, 60 days' night 24 3/10 On Batavia:—
CHICAGO WHEAT; Favour purchases
advance.
оп rasiness
for moderate
Amer. Metals Co.NDS.
2
Amer. Radiator
Amer. Rolling M
On demand
Amer, Sting and Ring Co.
On Paris:-
Amer. Sugar Rennmg
Amer. Tel, & Tel
Amer. Tobacco “B”
On Exigon:
Amer. Waterworks
On demand
Anaconda Copper
On Manila-
(REUTER'S SERVICE)".
Atchison, T. & 8, Fe.
On-demand 46 7/8
Prev. Today's
Aviation Corp.
On Bangkok:-
On demand ...........
*** 140
High LOW Close Close
Change
Baldwin Lecometive......
On Sterling Notes:-
New York Cotton, March New York Rubber, March
10.17
10.14
10.12 10.15
Bank Buying Rate
Nom.
Chicago Wheat, May
851
1837
Bar Silver per. On
23 1/16
Chicago Corn, May
80%
801
.03 up 20.18b 20.20b .02, up
844
601 801
Baltimore & Ohio
Barber Asphalt Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
DECEMBER 21, 1940 "
On London:-
Telegraphic Transfer. 1/8 7/8 Bank Bills, on demand 1/8 7/8 Credits 4 months' aight
On Japan:
8 8 8 8 8 8 8
COMMODITY MARKET. REVIEW
52 3/1S POT
JANUARY FEBRUARY.... APRIL-JUNE
(FROM PAYNE & CO.)
NEW YORK COTTON: Prices advanced on light offerings and on
the firmness of spots,
****༧、**-、--** ྂ3 7/8
Bank Bills, on demand Nom. Credits 4 months sight Nom.
NEW YORK RUBBER & NEW YORK HIDES: "Expect higher. NEW YORK, STOCKS: Previous close, 128.87; Today's close, 128.80;
Change, up .02.
NEW YORK COMMODITY MARKET
********* 101 3/4
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE) DECEMBER 22, 1940.
MONDAY, DECEMBER 23, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED, BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
AND CHINA
Authorised Capital $50,000,000
Isued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1856
Reserve Funde
£6,500,000
H.K. Currency Reserve $10,000,000
Proprietors...**
90,000,000
Head Ofco:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman
Q, C. Roberta, Esq.,
Deputy Chairman.
G. Miskin, Esq.
Hon. Mr. A, L. Bhd
Sir Vandeleur M. Grayburn, '
Chief Manager.
Paid-Up Capital Reserve. Fund
Beserve Liability of Pro-
prietors
HEAD OFFICE, LONDON:
38, Bishopagate E.G,2.1^\ San-Agencies In London: 117/122, Leadenhall Street, E.C
West End Branch: 14/18, Cockapur Street, SW ! Manchester Branch: 59, Mosley Street, Manchester, 2 AGENCIES AND BRANCHES
ALOE STAR ANKITBAK
BANGEDI
BATAVIA BOMBAY
CALOUTTA
HABAIN BONG KONG ILOILO CPOR
- KARACHI
KLANG
AGENCIES; KOEK
CZITE STEKET
FAILUL PLACE
CANTON CAWAPORE CEAL
KUALA
ALUKTUR
PINANG
BANG00% SAIGON
BEKEMBAN
BHANGHAI
KINGAPURA SITIAWAN
KQURABAYA
TAIPING
Sterling
Reserve Liability of
Last Sale
STOCKS
*Last Sale
Dec, 21
Dec, 21
Loew's Inc.
314
23+
Loft Incorperated
178
34
Mack Truck Ine..
223+
734
Martin, Glen L....
30
20
861
McKesson
Robeins, pfd. 25
354
Montgomery. "Ward
M'tain City Copper Co.
3.
15
National Aviation
.10
J. K. Bousfeld, Esq.,
151
Nat Dairy Products
131
A. E. Compton, Esq.,
18
81
National Lead
National Distillers .............................
L. J. Davies, Esq.,
231
Hon. Mr. 8. H. Dodwell,
16
15
Nat, Power & Light
42
K. S. Morrison, Esq.,
National Supply Corp.
6.
Hon. Mr. T. E. Pearce,
131.
New York Central
13
186
Niagara Hudson Power
3
89
N. American Aviation
161
Bi
North American Co.
161
261
Northern Pacific
57
Branches:
KUCHING MADRAS
TIKUTBIN
TONGKAR
161
Owens-Illinois Glass Co.
44
Johore
Paclic Gas & Elec
Rangoon
COLOMBU
MANILA
(Bhuket)
28
17
Bangkok
Kobe
Baigou
DELFI
MEDAN
TEINOTAU
Packard Motors
k
31
Batavia
3
Kowloon San
BALPHONG
Pan-American Airways...
151
Bombay
Kuala
Francisco HAMBURG
NEW YORK PEIFING
TOKOHAM
Dj
Paramount Pictures .........
101
Calcutta
841 + off
Barnsdall. Qu
81
Pennsylvania RR
21+
Canton
Londoa
*Singapore
1 'off
Bendix Aviation
331
Philadelphia Read, Coal
3/18
Chefoo Lyons
New York Hides, March....
12.50 12.45
12.50
12.50b
unch.
dethlehem Steel
851
Phillips Petroleum
394
Colombo
Malacca
Sungei
Market Report":
FRUM ROZA BROS.
December, 21, May
Silver prices were quoted at 23.. | July
1/16 for Ready and 23 for For- October
Bliss & Co.
184
NEW YORK COTTON Close
Opening
Closing.
Change
Public Service of N.J.....
281
Dairen
Manila
Boeing Airplane Co.
17
Foochow
Muay
January
9.99 N
10.02/02
10.02 N
03 up
Pullman Inc.................
251
March
10.12/12
10.18/16
10.15/16
Borg-Warner
187
Haiphong
03 up
Pure Oll
10.05/05
10.10/10
10.09/09
04 up
Briggs Mfg.
Habkow
24
Radio Corpn. of Am.
·41
Harbin
9.83/83
9.83/88,
Budd M'facturing Corp.
#
9.86 N
.03 up
Reading Company, Com
13.
Iloilo
New York Tsingtao Peiping Yokohama
Canadian Pacino R'way
31
9,31 N
9.35/35
9.34/34
.03 up
Remington Arms Co., Inc.
51*
[pob
ward. American Sliver was quoted December at 34.3/4 for Spot.
9.28 N
9.325/258
9.31 N
.03 up
Case, J.I..
531
Republic Aviation Corp. ...
4-
Spot
10.12 N.
10.16 .N
Celanese
27
04.up
Republic Steel
211
The London-New York cross-rate Total sales Friday:-55,400 bales. was quoted at 402-1/2 New York-NEW YORK RUBBER London was quoted at 403-1/2.
Chesapeake & Ohlo
414
MARKET
Qulet
January. March
May
20,35b/40%
20.32b
20.37b
.02 up
Chrysler Corpn.
Revere Corp.
10
742
Reynold Tobac. "B"
31
Columbia, Gas & Elec.
4
Safeway Stores
411.
20.18b
20.18b
20.20b/25a
,02 up
Commercial Credit Co. Com, & Southern (Ord.).
287
Schenley Distillers
10
+
STERLING
The market was a shade easter,
July (New contract)
Some busines was arranged at 1/3 CHICAGO WHEAT
for near delivery. "The market May
closed with sellers at 1/231/32 July
Dec.-April buyers at 1/3-1/32 Friday's sales::-11,675,000 bushels.
19.97/97 19.82b
19.96b/20.00 a 19.99 N
19.75b/850 19,84b
.62 up
Sears Roebuck
77
Consolidated Edison....
213
Shell Union Oil
101
.02 up
Consolidated 011
51
Total sales:-50 tons.
Socany-Vacununt: "Of.
8+
Continental Can ̧ .............
37
Southern Pacide
.71
and
EXECUTOR
Continental. Oli
18]
Bouthern Rlý $5 pfd.
21
business undertaken.
841/841
847/841
841/841
# off
Copperweld Steel
18*
Spicer Manufacturing Co.
35
793/791 791/791
79+/781
off
Curtiss Wright (C.)
87
Standard Brands
61
Lumpur Shanghai HANIOW
Bourabaya
Patani Swatow
(Johors) Tisntein Mukden Tokyo
Редвид
#
(Peking)
FOREIGN EXCHANGE and Genera) Banking Business transacted.
CURRENT Accounts opened and FIXED DEPOSITS received for Ons Year or shorter perioda is Local or Other Currencies at rator which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at raten obtainable CURRENT ACCOUNTS opened on application. in Local Currency and Fixed
The Bank's Head Ofice in Londen Deposits received for one year or undertakes Executor and Trustee shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax overmañá," on application,
terme which may be ascertained at
SAFE DEPOSIT BOXES of any of the Agencies and Branches. various sizes to let.
R. A CAMIDGE, TRUSTEE
Manager.
HONGKONG SAVINGS
Curtis Wright "A""
281
Stand Gas & Elec.
1
BANK
Cash,
U. S. DOLLARS
CHICAGO CORN
May July
Deere & Co.
191
Standard Ol of California
187
.
Government Securities
Other Securities:-
Total
Business was arranged at 23.3/4
for near and forward. The mar- NEW YORK HIDES ket closed with 'sellers at 23.3/4 for March Cash, buyers at 23.13/16 for Cash June'
SHANGHAI DOLLARS
Total sales for the day:1 contracts.
34-3/4
Business was arranged at 418.N.Y. Official Allver 1/2, 418 and also 415.1/2. The NY-London Cross Rate 4.03-1/2 market closed with sellers at 415. buyers at 415.1/2,
SHANGHAI MARKET Sterling opened with sellers at 3.19/32 Subsequently the
rate dropped to 3.37/64. Towards the close sellers were again quoted at 3.19/32 for Spot. U.S. Dollars open- ed with sellers at 5.23/32 fos Spot. Later the rate dropped to 5.11/18 Last advices indicated sellers at 5.23/32 for 8pot..
Shanghai Exchange
Shanghai, Dec, 21 (Reuter).
Official T.T. Rates
|WEEKLY RETURNS AND REPORTS
BANK OF ENGLAND
LONDON, Dec. 19 (Reuter),
Pubilo Deposita. Other Deposits:-
Bankers Other Accounta Total
801/601 601/601 601/601 601/601 80/804 601/60
of
Distillers Corpm. Seagrams
18
Standard, On of NJ.
33)
The Business of the above. Bank
i q
Douglas Aircraft
78
Stone & Webster
71
Du Pont de Nemours
1814
Studebaker Com.
8
is conducted by the HONGKONG SHANGHAI BANKING COR
BANK OF EAST ASIA, LIMITED
12.50/50 12,276
12.48/45 12,15b/30a
12,50b 12.30/30
unch
Eagle Picher Lead
101
Swift International
174
Eston Mfg. Co.....
344
.03 up
Technicolor
81
ed on, application.
Elec, Autolite...................
331
Elec Bond & Share
37
Texas Corpn...........
394
BANKING CORPORATION,
Texes Gulf sulphur
unquoted. 4.03-1/2
361
Elec. Bond & Share $5 pr.
58
Timken-Axle
291
Elec. Bind & Share 3 pt.
68
M. GRAYBURN,
Chief Manager.
Trans-America. Co......
44
Elec. Power & Light $7 pf. Flintkote
314
Hong Kong 25th Feb., 1939. ·
20th Cent. Fox:
6
131
Union Bag & Paper Corp,
121
Gen. American Trana......
55
Union Carbide & Carbon
THE CHASE BANK
48
Gen. Mectric
321
Union Pacifie
75
Gen. Motors
497
United Aircraft
421
Dec. 12
Dec. 19 (000's Omitted)
Gen. Railway Signal
141*
United Airlines Trans ......
151
Gen. Tire & Rubber
114
HEAD OFFICE:
Glidden Co..............
United Corpn
14
13
United. Corpo. $3 cup pf.
201
16,430
12,010
Goodrich (B.F.)
∙131
Goodrich $5 pf.
82**
United Gas Corpn...
13/18
15, PINE STREET, -
NEW YORK.
| United - Gas Improvement
of
115,000
129,270
Goodyear Tire & Co.
183
U.S., Industrual- Alcohol.
231**
52,200
57,660
Great Northern Iron Ore -
15
U.9. Rubber
"D
167,190
181,930
Great Northern' Rly, pfd.".
26
US Rubber $8 pfd.
851*
An American Bank offering com plete Foreign Banking" Bervice in the principal Markets of the world.
POBATION. Rules may be obtain- Authorised Capital $10,000,000,00
Paid-up Capital ....... 5,508,000.00
For the HONGKONG & SHANGHAI { Reserve-and Undivided
Portits
„2,983,261.50
Head Office:~HONG KONG No. 10 Des Voeux Road; Central,
Board of Directors!
Biz SHOPSON Chow, Chairman
13, QUEEN'S ROAD, CENTRAL 14 Koon Chan, Esq. Li Lan Sang, Eng,
P. K. Kwok, Eng. Wang Can Son, Biq, Wong In Tong, Esq. Fung Ping Wan Esq. Chan Ching Shok, Koz.
KAN TOND PO, Esa, Chief Manager Lr Tax Fona, Esa, Manager-
Branches and Agencies:
Penang : Blagspare Hangoon
Amoy
KOOS
Bateria
Loudon
Manito
Balgon
dow
110,830
169,130
Great Western Sugaz..****
19
U.S. Smelting
63*
Interest Rates on Application,
I
Laloutta
I
Greyhound Corpn.
109
UB. Steel
681
Discounts and Advances Securities
*3,920"
3,810
Hercules Powder Co.
704
Vanadium.
321*
20,820
20.830
Homestake Mining
50米
Vultee Aircraft ................................
74*
Opening
24,740
24,640
Int Nickel
23
Walworth Co.
51%
London
0/3-1/2
Notes and Coins
20,880
18.040
Inter. Paper & Power.
-15
Warner Bros. Pick
Tutal Bullion
New York
5-9/18
+1,420
1,210
Int. Tel & Tal
21.
Notes in circulation
Westinghouse Elec,
101)
Japan
23-5/8
804,540
*613,180
Kanrecott Copper
354
Ratio of Reserve to Liabilities
Woodward Iron. Cor.
324
India
19-3/8,
Paris
Hongkong
nominal 23-1/4
Sterling
*Sellers
Opening Closing
Spot....***
0/3-19/32 0/3-19/32
Dec.
0/3-18/32 0/3-19/32
Jan
0/3-37/64' 0/3-37/84
U.B. Dollars.
Spot
5-23/32
Dec.
6-23/322- 5-23/32
Jan., *****
35-23/32
5-11/16 6-11/16
Market:-Quiet but steady.
Silver Duty Haté
The Central Bank of China's
rate on London at 10 am
was 1/2-1/24,
Price of Gold at which holdings are valued
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Dec. 20.
LONDON GOLD
London, Dec. 20 (Reuter),
Bar Gold, Fins per os, 168/-"
The following quotations are the Tientsin-Fukow Rły,5%
middle prices at the close of the
are subject to confirmation and no
Tientsin-Pukow Riy, 5%
er. Stpd. Supi. Loan? - 15
| responsibility is assumed for errors Jap. 8% Ster. Loan, 1924. 27
in transmision.
The Equalisation rate was 22 Canton-Kloon Rly. 5% 13
per cent
Calcutta Exchaner
Calcutta, Dec. 21 (Reuter), T.T. on Japan, 81-1/4
RESERVE BANK OF INDIA STATEMENT
Calcutta, Dec. 18 (Reuter),
Dec. 6 Dec. 13
Notes in circulation
14,56% 108/-
9.30%
Lakey Foundry & Mac.
31°
168/-
Libbey-Owens-Ford
Glaz
392
Chase National Bank National City Bank
Lockheed Aircraft
277
91,01 83.06 40 Bonds
market in London. All quotations
1940
High Low Dow Jones Averagos
(German Sipd.)..
152.80.111.84 30 Industriala
Des. 20,
128.87.
15
32.07 99.15 20.. · Rails:
27.14.
Change .0% up ..03 up
28.46 18.03.20 Utilities
19.56
(Brit. Stpd. Supl. Loan) 15
.03 up
90.60
64.07 48.47 11 Commodity Index
:56,13
90.57 56.07
03 off
Business Done: 420,000 shares
DOW JONES, AVERAGE"
Dec. 29, 1940.
High Low Close 129.39,128.43 128.89 37.27 27.06 27.17 79.63 19.50 19.59
(including Notes held in the Bank“
Ger, 1% Intl Loan, 1924 B Chartered Banz
81
today
War Loan. 31% (Red,
after 1952) Defence Loan, 3%
102-13/16
101
HK. & S'hai Hank (Ldn
Reg
HK. & Shal Bank (Col
Reg)
Chinese 41% Gold Loan.
1808 (Brit. Issue) 44 Chinese 5% Gold Bonda,
-1925 (47 Chin. 41% Anglo-French
Loan, 1908 Chinese 5% Crisp Loan-
1913 Chineze 5% Reors, LoaD
1913 (Lda. Ix) Chinese 8% Ster. Noter.
1928 (Vickers) Chin. Imperial Rly. 5%'
Loan Honan Rly, 5%
Chinese Eng. & Mining
(bearer)
H
42-47
Chosen Corporation Mercantile Bank of In-
45
dia. £5, "G" Pekin Syndicate
10%
TO
.......
2/-
Bhai Elec. Contr. Co.
15/
20+
Bhat Waterworks "A" ... ··13)
Union Insurance
20
34
Gula Kalumpong Rubber 15/7
Lon, Mid, & Scot., Rly. 13
Great Western Rly.
321
National Bank of India 33
47.
B-A, Tob (bearer)
88/10)
Dunlop Rubber
32/3
ing Department)... 25,578 : 25,533 | Hukuang Rp 5%, 1911.:
Rupee Coin and Bul-
lion in India ...... Gold Cotn and Bul-
3,022
lion in India.... 4.441 Securities (Indian
Government?**** 4.961
Securities (British
CLP. N/Y Izaue)
2,980 | Hukuang Rly.5%, 1011
(German Issue)
4,441 | Lang Taing & Hai Ely. 3% 1913. `4.961 | 8'hai-N'King Rly. 5%
Tientsin-Fukow Bly 5%
(Brit. Stpd.). Tiantain-Pukow Rły, 5%%%
Government) 13.150 13,150 (Figures in Lakhs of Rupear),
Bristol Aeroplane
9/9.
16
འ བང བའ
Imperial Chemical Ind. 28/10
United Steel
21/42
13
Woolworths
-53/4)
Marxman Investments
776
Westen Holdings
9/3
Sub-Nigel
180
Theff. „Trans & Trad.
(bearer)
38/1
ex div.
SAFE DEPOSIT. HOXES
This Bank is entirely owned by THE CHABR NATIONAL BANE, NEW YORK, with Resources of
over U.S.42,900,000,000.
D. M. BIGGAR,
Every, description of Banking and granted on approved securities, t Exchange business transacted. Loans
Current Accounts opened in Local Currency and Fixed Deposits re Second Vice Press ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted on applicationsgat
SAFE LEPOSIT Boxes To E.
A Job
WANT ADS
INDO-CHINA
KANTONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
|BANK MARSE PAID-UP CAPITAL $40,000,000.00
STEAM: NAVIGATION COMPANY LIBRAMORES ALL Oves China)
Operating Bervices for Cargo sad Passengers-
SWATOW, SHANGHAL, TSINGTAU, CHEFCO
and TIENTSIN
KOHE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Eosevelt Leminal in the French Concession at Shanghai, where passengers and cargo ate landed.
For further particulars
please apply to-
TARDINE MATHESON&Co. TELEPHONE SOJIL GENERAL MANAGERS
Owing to our numerous Brannhem in China and connections in the principal Commercial Centres of The World we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange
Head Office-SHANGHAI
Hong Kong Branch:
RS4G QUEEN'S BOAD, OF
Youth China Opions! CANTON SWATOWN
KONGMOON
MAN TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonda and other Pubito Funds of the Chinese Government both at Home And Abroad
SHOUJCHEN,
Manager.
daw, Tork
Homolala
-Paris
Kobe
Petite
Beattie | DOLTRE Jumagbal