Previous Close Today's close
buyers
buyers
11-7/8
11-15/16
Change up 1/18
Amer. Can
11-15/18
11-15/16
unch.
American Cyanamid B
rk
12-1/16
12-1/16
Amer. & Foreign Power
12-9/18
12-3/18
amer & Foreign 37 pí.
12-3/16
12-3/16
Amer. Locomotive ........
Amer, Motala Co.
Amer. Radiator
Amer. Rolling Mill
Tel.
Amer. Sting and R'ing Co. 414 Amer. Sugar Refining Amer. Tel
Anaconda Copper.......
Atchison, T. & B, F.
Aviation Corp.
Baldwin Lecometive
Baltimore & Ohio;
Barber Asphalt Co.
Barnsdall Off
23" 1/8
Bendix Aviation,
Jan, 1.
and Jan. 1.
Japan:-Dec. 25.
Shanghai Exchange
"Shanghal, Dec. 24 (Reuter).
* OHRISTMAS AND NEW YEAR HOLIDAYS Shanghai:-Dec. 25, 26, and Jan.
1. 2, 3,
and March 28 Singapore:-Dec. 25,
May
Bombay:-Dec, 24, 25, 28, 31, July
New York:-Dec. 25, and Jan. Batavis:-Dec, 25, 28, and Jan. 1.
New York Cotton, March New York Rubber, March Chicago Wheat, May ......................... Chicago Corn, May New York Hides, March
NEW YORE COTTON
January
Bethlehem Steel
20.20 20.205 20.20/20 unch.
811 601
****** 1255
Close 10.02 N
83 594 12.47
84 841
Bliss Ca.......
B0%
108
Opening Closing 9.996/10.03a 9.98/98
up tup. 12.50b 12.833 .03 .up
Change
Boeing Airplane Co.
Borg-Warner
.04 off
Brigga Mig..... Budd M'facturing Corp.. Canadian Pacific B'way
10.15/18
10.13/13
10.12/12
.03 of
10.09/09
10.08/08
10.05/08
.04 0
9.86 N
9.63/83
9.82/82
1.
October December Spot
9.34/34
9.34/34
9.31/31
.04 off ,03 0
Case, J.........
Celanese
Chesapeake & Ohio
Chrysler Corpn. ....
9,31 N 10.16 N
Columbia Cas. & Elec.
9.31b/32a
-930 N
.01 off
10.12 N
›.04 off
Commercial Credit Co....
Com, & Southern (Ord.f
Total sales- Saturday:--24,000 bales.
London:-Dec. 25.
Consolidated Edison.
-Official T.T. Rates
NEW YORK RUBBER
Consolidated Off
Continental Can
- Opening
January
20.37b
London
0/3-3/8
March
New York
5-5/18
{May
Japan
22-1/2
į July (New contract)
20.20b/25 19.99 N 19.94b
unquoted 20.35b 20.18b/30a 20.20/20 20,00/19.09 19.98/98 unquoted 19.84b
.02 06 unch
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY "AND EXCHANGE
CLOSING QUOTATIONS
DECEMBER 24, 1940-
On London:-
Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/8 7/8 Credits 4 months: sight
On Shanghai m
On demand
On Singapore:-
On demand
On Japan:-
On demand
On India:
Telegraphic
and dematid
On. New York:-
415
62 3/4
COMMODITY MARKET REVIEW
~. (FROM PAYNE &„CO.)
NEW YORK, Dec. 23, 1940.
SINGAPORE RUBBER
SPOT.... JAN-MARCH APRIL-JUNE §‚..........
The market was very quiet.
Previous
Dec. 23
Close Opening Closing Change buyers buyers
38-1/4 38-1/4 38-1/4 37-7/8 37-7/837-7/8".
·38-5/8 36-5/8 36-5/8
unch.
The market will be closed on December 35-28, and January · 1, 1941.
LONDON RUBBER
na 1/2 8 POT
•
JANUARY
Transfer.
182 1/2
FEBRUARY
APRIL-JUNE
JULY-SEPT.
Bank Bills, on demand 23 7/16 Credits, 60 days' sight 24 3/16
On Batavia:—”
On demandé 43 7.5
On París:--
Bank Blis, on demand Nom Credits 4 months' right Nom.
On Saigon:-
On demand ........... 10! 3/4
15
On Manlia:
On demand ............................... 48 7/8
On Bangkok:----
On demand
On Sterling Notes:-
Bar Silver per of
*
Bank Buying Rate
148
Nom.
The market will remain closed on December 25-26, and January 1, 1941.
NEW YORK STOCKS: Previous close 128.89; Today's clone, 128.41;
Change, off 48.
NOTE: All American markets will remain closed on Wednesday, De- cember 25 (Christmas Day) and January 1, 1941 (New Year's Day).
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Prev. Today's
High Low Close Close Change 10.15 10.12 10.15 10.13 .03 off, 20.20
NEW YORK STOCK EXCHANGE ·
STOCKS
Adams Expres...... Alleghany Steel Co, Allis Chalmer `........... Aluminum Ltd.
Amer, Tobacco "3" Amer. Waterworks
QUOTATION
(REUTER'S SERVICE)
DECEMBER 24, 1940
to
ts
WEDNESDAY, DECEMBER 25, 1940,
BANKS
"HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA AND CHINA
Authorized Capital $80,000,000
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1830
Reserve Funda:
£6,500,000 Reserve Fund
Paid-Up Capital
Sterling
K.K. Currency Reserve $10,000,000 Reserve Liability of Pro Reserve Liability of
·Proprietor
$20,000,000
· Head Office:~HONG KONG
£3,000,000 „£3,000,000
· prietors ... £3,000,000
HEAD OFFICE: LONDON:
38, Bishopagato E.C.2. Sub-Agencies in London:
117/189, Leadenhall Street, E.0.8 West End Branch:
14/16, Cockspur Street, S.WI Manchester Branch:
Deputy Chairman. | 52, Moalsy Street, Manchester, A
AGENCIES AND BRANCHES
HARLIN
FEMANG KONA KONG 'BANGOOS
ALOR STAR
AMEXTEAR
BANGKOK BATAVIA
ILOILO
BAIGON
IPOR KARACHI KLING
KARENDAM
SHANGHAI
BINGAPORE
BIELAWAN
SOURARAZA
ZALFING
TIENTJIR ΤΟΠΟΣΑΣ
(Bhuket)
Hon. Mr. 8. H. Dodwell,
G. Miskia, Esq...
K. 8. Morrison, Eaq,
Hoa. Mr. T. E. Pearce,
BOMBAY
CALUNIITA
AGERULES: KOET OLIVE STEERT. FAVELAS PLAOM
Hon Mr. A. L Shield, Bir Vandeleur M. Grayburn,,
Chief Manager CANTOE
Branches: Johore Rangoon
Lyous- Bourabaya
Haiphong (Johors) Tiantain
Penang
Taingtao Yokohama
CURRENT ACCOUNTS opened
KUALA
LUMPUR
HUMADRAS
MANITA
KEDAH
NEW YORK PAIPING
HANKOW............. (Peking)
TRINGTAG YOKOHAMA
FORON EXCHANGE and General Banking Business transacted..
CURRENT Accou®ys opened and FIXED DEPOSITS received for One Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.
Savings Accounts also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
Local Currency and Fixed
The Bank's Head Offos in London' Deposits received for one year or undertakes Executor and Traste shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax over, OD application,
terms which may be scertained at
SAFE DEPOSIT BOXES of any of the "Agencies and Branches. various sizes to let..
R. A. CAMIDGE,
Manager.
Last Balo
STOCKS
Last Sale
Dec, 23
Dec. 23
51
Loew's Inc.
31+
1
23
Loft Incorperated
17+
351
Mack Truck - Ine.
291
73
Martin, Glen L
Board of Directors: Hon. Mr. J. J. Esterson,
201
Chairman,
881
McKesson & Robbins, pfd.
254
351
C. O. Roberts, Ext.,
Montgomery Ward
354
13/18
Mtain City Copper Co.
31
141
National Aviation.....
J. K. Bousfeld, Esq.,
10%
154
Nat. Dairy Producta
13)
A. H. Compton, Ex.,
17:
National Distillers
231
LJ. Davies, Esq.,
61
National Lead
157
*141
Nat, Power & Light
National Supply Corp!
8
13:
New York Central
134
186
Niagara Hudson Power
3
691
N. Amerkan Aviation
151
61
North American Co...ogie
10+
201
Northem Parlic ·
164
Owens-Illinois Class Co..
434
Pacific Gas & Elec
Amoy
27
164
Packard Motors
Bangkok Kobe Saigon
OLWMPORS CS11 COLOMBO
DELHI:
3
3+
Batavis
Pan-American Airways
15
Bombay
Kowloon San Kuala
HAIPHONG
9+
Paramount Pictures
109
Caloutta Lumpur Shanghai
子
Fennsylvania RR.
211
Canton
London
Francisco | BAMBURG
Bingapore
33
Philadelphia Read, Cosl
3/18
Chefoo
841
Phillips Petroleum
391
Colombo
Malaces
.16
Public Service of NJ.
289
Dairen
Manili
17
Foochow
Muar
Pullinan Inc
› Sungei
Patani Swatow
251
181
Pure Oll
241
Bankow
Mukden Tokyo
Radio Corpn. of Am. ..****
4
Harbin
New York
5
Reading Company, Com
124
Iloilo
-Paiping
31
4
Remington Arms Co., Inc. " S
Ipoh
53
Republic Aviation Corp.... 41
261
414
74 Revere Corp.'.
Republic Steel
21+
101
in
Reynold Todac, “B”
301
41
Safeway Stores
413
28
Schenley Distillers
102
#
יי
Sears Roebuck
77
211
Shell Union of
11
51
Socony-Vacunum Of
8
37
Southern Pacifle
72
TRUSTEE and EXECUTOR
Continental of ....
18)
Southern Rly $5 pfd.
201
business undertaken.
Copperweld steel
18
.01 OR unch.
Spleer Manufacturing Co. 354
Curtiss Wright (0.)
81
Standard Brands
Bi
India
18-9/4.
Curtiss Wright “A”
28
Stand Gas & Elec.
Total sales:-270 tons.
Paris
nominal
Deere & Co. ...
201
Standard Oil of California 18
Hongkong
22-3/8
CHICAGO WHEAT
Distillers Corpn. Seagrams
184
Standard Oll of NJ. ....334
Sterling
Douglas-Aircraft
76
May
841/841
B43/84
Stone & Webster
71.
Sellers.
July
791/787
.783/781
841/841 701/701
up
Du Pont de Nemours
1611
Studebaker Com
74
up
Opening Closing
Eagle Picher Lead
101
Swift International
17
Spot
0/3-25/64 0/3-7/16
Saturday's sales:-unrecd.
Eaton Mfg. Co.
34
Technicolor"
84
Dec
0/3-25/64 0/3-7/16
Elec. Autolite
344
CHICAGO COEN
Texas Corpn.
302
Jan
0/3-23/64 0/3-19/32
Exec. Bond & Share
31
May
US Dollars
604/601
Texes Gulf Sulphur
364
60/601
July
601/60
602/601 unquoted 601/601
⭑up
Elce. Bond & Share $5 p.
58
Timken-Axle
291
† up
Spot
$5-3/8
$5-7/16
Dec.
6-3/8
Jan.
5-7/18 6-3/8
NEW YORK HIDES March June
Elec Band & Share $8 pt. Elec. Power & Light $7 pů Fintkote
- 601
Trans-America Co. in
32
20th Cent. Fox.
€
141
12,50b 12.30/30
12.50b/00 12.25b/40a
12.53b 12.33/32
.03 up
Gen, American Trans.
.02 up
Gen. Electric
Gen. Motors
34-3/4 4.03-1/2
Gen. Railway, Signal
Gen. Tie & Rubber Glidden Co........
Goodrich (BF)
Goodrich 45 pi.......
(bearer)...
16/3
Goodyear Tire & Co.
Chosen Corporation
47-
Great Northern Iron Ore
Mercantile Bank of In-
Great Northern Rly, pfd.
dia, £5, "G".
107
Great Western Bugg
Perin Syndicate
2/-
Oreyhound Corpn.
S'hal Elec. Constr. Co.
15/-
Hercules Powder - Co,
S'hai Waterworks "A" Union Insurance
**134
20
Romertake Mining. T
Int Nickel
Inter. Paper & Power
Int. Tel. Tel Min
32.
Kennecott Copper.
Lakey Foundry & Mac. ... 34
Libbey-Owens-Ford- Glass · 397. -Lockheed Aircraft
Ready
62-03 62-02
62-02
Chinese.41% Gold Iwan
War Loan, 31% (Red,
after 1952) Defence Loan, 3%...... 101 Janton-Kloon Rly, 5" -13
44.
1027
Imperial Chemical Ind. 29/3 United Steel
21/6
Woolworths. Maraman Investments... Western Holdinga Sub-Nigel
53/41
1940
7/8
9/3
High Low Dow Jones Averages. 152.80.111.64 30 Industrials
160
- 32.67- 29.15 20
Rails
Shell Trans. & Trad
26.45 18.03 20Utilities
42-47
(bearer)
38/9
91.04 83.06 40Bonds
•-bid
-ex. Civ.
64.07 48.47 11 - Commodity Index
6-5/18
Market: Quiet.
Slver Duty Bata
The Central Bank of China's rate on London at 10 am, today was 1/2-1/2d
The Equalisatino rate was 22) per cent.
Calcutta Exchange
Calcutta, Dec. 23 (Reuter).
TT. on Japan, 81-1/4
SILVER MARKET
LONDON, SILVER
London, Dec. 23 (Reuter), Silver-Small trade demand with
Total sales for the day: 56 contracts. N.T. Official Silver
unqucted
NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Dec. 23.
The following quotations are the Gula Kalumpong Rubber 15/3 market in London. All quotations middle prices at the close of the Lon., Mid, & Scot., Rly. 131 National Bank of India 32 Great Western Riy
B-A, Tob (bearer) ...... 88/9 Dunlop Rubber
32/9 Bristol Aeroplane
9/9...
very little offering. Business negare subject to confirmation and a Higible. Market quiet but steady. responsibility is assumed for errors
Spot, 23-1/84. " Forward, 23-1/164.
BUMBAY SILVER Bombay, Dec, "23 (Reuter).
Indian Mint Suver
Dec, 27 Bettlement
Jan. 92 Bettlement
LONDON GOLD
London, Dec. 23 (Reuter). Bar Gold, Fine per oz, 1881.
LONDON METALS
Tin,
EXCHANGE
In transmission.
1888 (Brit. Tanies Chinese 5% Gold Bonds,
1925/47
Chin. 44% Anglo-French
Loan, 1908
Chinese 5 Crip Loan.
46
201
1912
Chinese 5% Reory, Loan
43
1913 Ldn. 19.).
34
10
London, Dec 23 (Reuter).
Standard, Cash, Middle
Price, £251-3/8.
Ti, Standard, 3 months, Middie
Price, £200-1/8.
STAGGERING JOB
Tainese 8% Ster. Notes,
1925 (Vickers)
Chin. Imperial Rly, 5%
Honan Rly. 5%...
Hukuang Rly 5%, 1911..
(LP. N/Y Issue) Bukuang Rly. 8%, 1811
-„German" Issue) Lung - Thing & U
RIT, 5% 1013
Hat
Clothing an army is a stagger-hai-N'King Rly. 5%...
ing job, During the first eleven Tientsin-Pukow Rly. 5%
months of war Canada, bought | | (Brit, Stpd.) ...
6%
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
161
15
TO
བྷཱུ ཚུ ཐའོ་ཐ བ ལས བླླ བླླ ༢
13
16
· 18,000,000 yards of woollen and Tlentatn-Pukow Aly. cotton aloth for her armed forces, Jerman Stpd.) ......... enough to stretch from Ottawa to "tentsin-Pukow Bly. 5% Berlin and back again." Within a (Brit. 8tpd. Supl. Loan 1 15
15
few months the forces will need Tientsin-Pukow Aly. 5° eight mites "of pattee cloth, ATO (Ger. Stpd. Bupl, Loan) .than 2,000,000 pairs of socks, and Jap, 6% Ster." Loan, 1924. 26 *** 1,000,00g.``shirta,, not to mention Ger, 7% Intl. Loan, 1924 - 8 4,500 miles of drill cloth for sum-Chartered Bank'.ä.ä..di mer uniforms. The Minister of HK & S'hal Bank (Ľdn./ *Munitions and Supply, Hon. C. D. ·Reg) ....
Howa, stated that production of HR. &8'hel Bank ICE: uniforms has reached 20,000...3 Peg
Week
Chinese Eng. & Mining
SWATOW, SHANGHAI, TSINGTAU, CHEVOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borth alongside
the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulara
plosao apply to--
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL GENERAL MANAGERS
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok. Ipah Boy
Husq
Handr
Kota Bharu
Colombo
FOTO
Kusla Tranggin Madera
New York
Bangoon
-Bamb
Bemarang Shanghai
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
„OF CHINA AS ANAAAA INTERNATIONAL. EXCHANGE
-BANK GAVE Howrah Kash Lamper "Bingapore
PAID-UP, CAPITAL $40,000,000.00 HONG KONG BRANCE:
* {BRANCHES ALL OVER ORINA)." Every desorption of Banking and Kandanage
Owing to our numerous Branches TRUSTEE AND EXECUTORSHIP in Chins and, connections in the
UNDERTAKEN AAN
Me fal principal. Commercial Centre of UVEDEWELOCOTES opened to Lose Our the World, we are able to extend Fancy TagA-FIND DEPOSTks nicelyed in Legal Carne SERAGING.on Verw she may be to our Clients special facilities for savertatzer os agy Hostien 15, vegetab Domestic and Foreign Banking and
Exchange.
3. BENSON,
What do
you want ?
If there is anything you want to buy or sell try a száll Classifed advertise ment, in the Hong-- kong Daily Presa
25 words $1.50 prepaid
insertions.
# Head Office:-SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, 0. South China Ofmez
CANTON
SWATOW
KONGMOON TOISHAN SHIUCHOW KINGCHOW
We also handle the imue of Bonds and other Pablin Tunda of "the Chinese Government both at Home and: Abrósdu
BHOT CHEN,
Manager.
|
*
Union Bag & Paper Corp.
11
55
Union Carbide & Carbon
681
THE CHASE BANK
321
Union Pacide
744
49
United Aircraft
414
141
United Airlines Trans
11
United Corpn.
HEAD OFFICE:
127
United Corpn. 33 cum pt.
13
United Gas Corpn. „
18, PINE STEREY,
NEW YORK.
63)
United Gas Improvement
94
181
U.S., Industrual Alcohol....
231
154
UB. Rubber,
211
261
US. Rubber 38 pfd........ 852
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
191
US. Smelting
631*
Interest Rates on Application.
101
U.A. Steel
HONGKONG SAVINGS
BANK
The Business of the above Bank in conducted by the HONGKONG. & SHANGHAI BANKING COR“ PORATION. Rules may be obtain
ed on application.
For the HoraronG & SHANGHAI BANKING CORPORATION.
"
7. M. GRAYBURN,
Chief Manager. Hong Kong. 26th Feb., 1934.
BANK OF EAST ASIA, LIMITED
Authorized Capital.....$10,000,000.00 Paid-Up Capital ......... 5.598,500.00. Beserve and Undivided
Porâts
............................ 2,083.381.50
Head Office:-HONG KONG No 10 Des Voeux Road, Central,
Board of Directora :-
SIR SHOPSON! Onow, Chairman
18, QUEEN'S ROAD, CENTRAL LI Koon Chan, Haq, Li Lan Bang, Eag
P. K. Kwok, Bequ
Wong Chu Bum, Baq. Woog In Tong, Esq. Fang Fing Wah Esq.
Chan Ching Shok, End,
KAR TONG Po, Esa, Chief Manager Li Ta Fona, Esq., Manager
Branches and Agencies:
Kroon Prusog Singapors. Loudes Hangoon Bomzalaya
Bankow New York Beatify
B
!
Amas
Bombay
Mantia
Colourin Haiphong
71
Vanadium
321
SAFE DEPOSIT BOXES
Honolulu
Kobe
Parix
Peiping
51
Vultee Aircraft
71
221
Walworth Co.
54
141
Warner Bros. Pict
31
This Bank is entirely owned by
THE CHASE
21
Westinghouse Elec.
1011
351
Woodward Iron Cor.
321
Chase National Bank National City 'Bank
320* *26*
27
DOW JONES AVERAGE
1.
Dee. 21, 128.89
27.17
19.59
30.57
56,17
Dec. 24, 1940.
High Low Close Change 129.29 127.63 128.41- 48 off 27.22 26.07 27.10 ..07. of 19.70 19.46; 19.54. -.05 off 90,50,07 off .5811 .04 up Business Done:—220,000'shares
Every description of Banking and NATIONAL BANK Exchange business transacted. Loans
NEW YORK, with Resources of granted on approved socurities
over U.S.$2,000,000,000.
D. M. BIGGAR,
Second Fice Preis
THE MERCANTILE BANK OF INDIA, LIMITED
Head Offen-15, Gracechurch Street,
London, Eng
Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year or shorter perioda, in Local and Foreign Car- raucies on terms which will be quoted on application. 7.
SAFE EXPOSIT Boxes To Laz.
KAN TONG PO,
Chief Manager.
Authorised Capital
Babesribed Capital
Paid-up Capital
Senere Fund and Beek,
23,000,000
4,800,000
$2,060,000
81,251,639
BANKERS: