Lumpar Shanghai BANKOW
Sourabaya
Patani
faiphong (Johors) Tientsin
New York Tsingtao
MIDAN
NEW YORK, "TUEDNAME" PIPING
(Pekin)
FORK.ON EXCHANGE and Generat Fanking Business transacted.
CURRENT ACcovima opened, and FIXED DEPOSITs received for One Year or shorter perioda in Local or Other Currencies at Tales which will be quoted on application.
RUBBER
#lo
Change
Alleghany Steel 00.
Allis Chalmers ......
...... 52 3/4
S POT
Aluminium Ltd.
Amer. Can
On demand
104 1/2
FEBRUARY
American Cyanamid B
On India:++
Telegraphic Transfer. and demand On New York:
$83 1/3
APRIL-JUNE JULY-SEPT
Amer, & Foreign Power ...
Amer & Foreign $7 pt. ...
Amer. Locomotive
"
Amer. Metals Co.........
Bank Bills; on demand 23 7/10 Credits, 50 days sight 24 3/16 On Batavia-
On demand On Paris:-
amer. Radiator
Amer. Rolling Mil
Amer. Sting and R'ing Co.
13 7/9
Op Saigon:-
On demand
· Bank Bills, on demand Nom. " Credits 4 months' sight Nom.
*** 101 3/4.
Amer. Sugar Renning...... Amer. Tel, & Tel.
Amer. Tobacco “B”
NEW YORK COMMODITY MARKET
Amer. Waterworks
Anaconda Copper
On Manila:
Atchison, T. & 8. Fe..
IN
46 7/8
Aviation Corp........
Baldwin Lecometive
On demand
119
Bank Buying Rate
Bar Silver per oz.
Now 93 1/8
New York Cotton, March New York Rubber, March Chicago Wheat, May
High Low 10.30 10.23 20.05 20.05
Chicago Corn, May
8" 882 621 61
Baltimore & Ohio Barbe, Asphalt Co. Barnsdall, OD 15.... Bendix Aviation
Bethlehem Steel
New York Eldes, March
12.94 12.71
Market Repor
FROM ROZA BROS
December 28.
March
May
Silyer prices dropped 1/8 yester- July "day for both deliveries, the quota-October tions were 23.1/8 for Ready and December 23.1/16 for Forward. Silver. ad- Spot vices reported B quiet market. ...Business
was slack. American
Total sales Friday:-95,400 bales.
Silver was quoted at 343/4 for NEW YORK RUBBER Spot
The London-New York cross- March
rate was quoted at 402-1/2 New May
York-London was quoted at 403-July (New contract) 19.746. 1/2.
Bliss & Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
COMMODITY MARKET REVIEW
(FROM PAYNE & CO)
| NEW YORK December 28...
CLOSING QUOTATIONS SINGAPORE, RUBBER
DECEMBER 25, 1940,
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight On Shanghai:
On demand
On Singapore:—
On demand
On Japan:-
- 8 8 8 8 8 8 8 8 8 8
On demand
On Bangkok:-
On Sterling Notes:-
APOT JAN-MARCH
| APRIL-JUNE
The market was quiet. LONDON
JANUARY
Previous
Dec. 28
Close Opening Closing Change buyers buyers
38
37-5/8
of 174 -unch.
38
37-3/4 37-5/8 37-5/8 36-3/838-3/8 -38-3/8
Previous close-Today's close
buyers
* buyers
12
12
12-1/8
CLOSED
12-1/4
12-1/4
NEW YORK COTTON:" The market continues to reflect the strength
of the spot situation, and we still opinion July eventually above 10.75 cents.
NEW YORK STOCKS: Previous close, 129.51; Today's close. 130.11;
Change up .60.
NOTE: All American markets will remain closed on January 1.
(REUTER'S SERVICE)
Prev. Today's
Close Close Change. 10.26 10.29 .03 up 20.08b 20.06 .03 off 852 881 It up 612 82
up 12.69, 1293b .24 up
NEW YORK STOCK EXCHANGE
STOCKS
Adama Erpresa.
QUOTATION
(REUTER'S SERVICE) DECEMBER 29, 1949. «
Last Salu
National Distillers
National Lead.......
MONDAY, DECEMBER 30, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION.
Authorised Capital 850,000,000
INDIA, AUSTRALIA
AND CHINAT
Issued & Fully Paid Up 890,000,000 Incorpurated by Royal Charter, 1886
Reserve Funds;
Paid-Up Capital £8,500,000 Reserve Fund.
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
Chairman,
prietors
£3,000,000
£5,000,008
.£3,000,000
HEAD OFFICE: LONDON: 38, Bishopsgate E.Ü.9. Sua-Agencies In London:
117/128, Leadenhall Street, E.C.a West End Branch:
J4/18, Cockspur Street, B.Wi
Manchester Branch: 52, Mosley Street, Manchester, 1 AGENCIES AND BRANCHES
HARRIN BONA KONO ILOTLA ΣΙΟΣ
ALOR STAR AMRITELR
BANGKOK BATAVIA
PENANG
BANGODN BALGON
Sterling
Reserve Liability of
STOCKS
Last Sale
Proprietors..
$20,000,000
Dec. 28
Dec, 28
Loew's Inc.
Head Omce: HONG KONG.
314t
*242
Loft Incorperated.
17
351
Mack Truck Inc.
30%
Martin, Glen L
30
Board of Directors: Hon. Mr. J. J. Paterson,
861
McKesson & Robbins, pid. 24
37+
Montgomery Ward
C. U. Roberts, Esq.,"
37
13/16
M'tain City Copper Co.
Deputy Chairman,
31
144
| National Aviation
J. K. Bousfield, Exq
153
|Nat. Dairy Products.
A. H. Compton, Esq.,
181
L J. Davies, Esq.,
221
Ви
"
Hon. Mr. S. H. Dodwell,
147
G. Miskin, Esq.,
Nat, Power & Light
434
K. S. Morrison, Esq.
BEREMBAN
National Supply Corp.
51.
Hon. Mr. T. E. Pearce,
13
New York Central
131
1661
Niagara Hudson Power ...
71
N. American Aviation
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
BOMBAY
CALOUSTA
KARACHI.. KLANO
SHANGHA
SINGAPOR
18
01
North American Co.
161
Chief Hanager, FAX PLACE
AGENCIES: KOBE CLIVE STRE
SITIAWAN
KUALA
B00BABAZIL
251
Northern Pacific
8
171.
Owens-linols Glass Co.
451
41
Pacific Gas.& Elec
28
Адкаў
Branches: Johore
181
Packard Motors
31
Bangkok
Kobe
"
Rangoon Saigon
CANTON CAWNFORE CERD DOLOMBO
LUMTUR
TAIPING
KUCHING
CIENTAIN
MADRAS
TONG EAR
MANILA
(Bhuket)
DALHI
TOLNOTAL
Batavia
Kowloos San
HAIPHONG
31
Pan-American Airways
15
Bombay
Kuals
Francisco HAMBURO
94
Paramount Pictures
10}
Calcutt
8
Pennsylvania R.R
221
Canton
London
337
Singapore
Philadelphia Read, Coal
3/18
Chefoo
Lyons
857
Phillips Petroleum
411
Volombo
Malacca
Sungei
187
Public Service of, NJ.......
201
Dairen
- Manila
NEW YORK COTTON
Close
Opening
January
19.10 N
10.136/17
10.26/20
10.28/28
Closing 10.18 N 10.29/30
Change
Soeing Airplane Co......
18
Pullman Inë...............................
25+
'oochow
Maa།༥ .
Swatow
.02. Up
Borg-Warner
19
Pure Olli
81
כם - 03
Briggs Mig.
25
Bankow
Mukden
Tokyo
Radio Corpn. of Am
41
ilarbin
10.21/21
10.21/21 10.23/23
.02 up
Budd M'facturing Corp.
47
Reading Company, Com
131
Jailo
9.99/10.00
10.01/02
10.03/04
.04 up
Canadian Pacific' R'way
31
Remington Arms Co., Inc.
51.
(pch
9.40/47
9.45/45
9.48/48.
.02 up
Case, J.I
52
Republic Aviation Corp......
5
W
9.44 N
9.43/43
9.46/48
.02 up
Celanese ......
27
Republic Steel
10.26 N
10.30 N
.04 up
Chesapeake & Ohio
43
Revere Corp...
101
in
Chrysler Corpn.
7371
Reynold Tabac, "B"
331
Columbia Gas & Fee, 1...
4
Safeway Stores
Commercial Credit Co.
231
Schenley Distillers.
January
20.23b 20.08b
19.90/90
inquoted 20.05/05 19.80b/90a 19,75a
20.20b/27a
03 "of
Com, & Southern (Ord.)
Sears Roebuck
781
• 20,05/06 19.90/90 19.70b
,03 "off
Consolidated Edison
22}
Shell Union Oll
11
"unch.
·Consolidated O
5+
Secony-Vacunum Oil
&
various sizes to let
.04 off
Continental Can
371
Southern Pacific
77
TRUSTEE and
Qulet
MARKET
STERLING
Total sales:-160 tons. CHICAGO WHEAT
Continental Qil
181
Bouthern Rly $5 pid. Tal...
211
business undertaken.
י
Copperweid Steel
18.
Spicer Manufacturing Co. 363
Curtles Wright (C)
9
May
854/857 26/857
Standard Brands
January
There were sellers at 1/2.31/33 September December-April, buyers
V. S. DOLLARS Bellers at 23.11/16 for Cash, buy- era at 23.13/16 for Cash,
July
801/80
801/801
87/863 811/81
1k up
Curtiss Wright "A"
Stand Gas & Elec
I
1
up
Deere & Co, „...........................
..201.
Standard Oll of California
18
801/80
811/818
קע 14
Distillers Corpn. Seagrama
181
at 1/3
Standard Of of NJ. L.
331
Friday's sales-7,642,000 bushels. CHICAGO CORN
Douglas" Aircraft
767
Stone & Webeter
7
Du Pont de Nemours
1844
Studebaker Com
71
Eagle, Picher Lead
10+
Swirt International
171
May July
812/012
01/612
821/621
811/811
griquoted
621/621
up
September
817/611
621/521
up
998
Eaton Mfg. 00.
345
Technicolor
9
Elec.. Autolite
337
rezas Corpo.
401
Eleo. Bond & Share
31
SHANGHAI DOLLARS Opened with sellers at 428.1/2 and at the close there were sellers at 421, buyers at 422, '
Texes Gulf Sulphur
251
NEW YORK HIDES March
Elec. Bond & Share $5 p.
561
Tunken-Axle .....
331
12,09/69
12.82/71
June
12,48/48
12.67/55
12.93b/94 12.66/68
24 up .18
Elec. Bond & Share $8 pt.
66.
Trans-America Co.
41
UD
Elec. Power & Light, pr.
321
20th Cent. Fox.
53
Filntkote
14
Unton Bag & Paper Corp.
12j
SHANGHAI MARKĘT
Was a shade steadier, Sterling NY, Official Suver ....... 34-3/4 opened with sellers at 3.1/2 and NY-London Cross Rate 403-1/2
closed with sellers at 3.17/32 for
Spot. US Dollars opened with
sellers at 5.17/32 for Cash and closed with sellers. at 5.9/16 for, Casti.
Shanghai Exchange
Shanghal, Dec; 28 (Reuter).
Official T.T. Rates
Total-sales for the day:-150 contracta.
Gen. American Trana, .....
35
Union Carbide & Carbon
69
THE "CHASE BANK
unquoted 4.03-1/2
Gen, Electric
321
Union Pacific
***52
Gen. Motors
491
United Aircraft
414
Gen. Railway Signal
141
United Airlines Trans
10
Gen. Tire & Rubber
114
United Corpn,
11
Glidden Co.
134
FEDERAL RESERVE
SYSTÈM
United Corpn. $3 cum pt. 27
Goodrich (BF.)
131
United Gas Corpn.
2
NEW YORK, Déc. 26 (Reuter).
Dec. 21 (1939)
Goodrich $5 pl.
62
Dec. 19
Dec. 20
United Gas Improvement
97
Goodyear Tire & Co.
18.
U.S.. Industrual Alcohol.
24
(000's Omitted,
Great Northern Tron Ore
147
US, Rubber
221
$
Great Northern Rly, pfd.
261
Bills Bought ......
US. Rubber $8 pfd.
854
Great Western Bugar ..****
101
U.S. Securities held.
Federal Reserve Ratio
Opening
Federal Reserve Credit Outstanding. Monetary Gold Stocks
London
New York
Japan
0/3-3/8"
Industrial Advances
2496.000 80.48% 2,645,000 37,578,000 11,139,000
2.184,000 $0.76% 2,306,000 31,298,000 7,433,000
2,184 org
90.6%
U.S. Smelting ......
61
Interest Rates on Application,
Greyhound Corpn.
111
US. Steel
601
2,336,000 21,930.000 7,596,000
Hercules Powder Co.
70
Vanadium
331
SAFE DEPOSIT BOXES
לו
Amoy
Bateria
Bombay
parezca
Halphons
Kauka
Hankow
New York
Seattie
Honcinju
*
Homestake Mining
·501/
Vultee Aircraft
774
| Walworth Co.
51
5-5/16
150
Warner Bros. Pict.
3
22-1/2
21
Indis
18-3/4
36"
Westinghouse Elec,
1021
Woodward Iron Cor.
314
Parls
Hongkong
Sterling
nominal 22-3/8
421
Chase National Bank National City Bank
321
26
271
Bellers
Opening Closing
0/3-1/2 0/3-17/32 0/3-15/32 0/3-1/2 U.S. Dollars
Spot
0/3-1/2 0/3-17/32
Dec. Jan,
Dec. Jan.
Spot ... $5-17/32 -
5-17/32 6-1/2
$5-9/16 5-9/15 5-17/32
Market:-Quiet.
Suver Duty Rate
The Central Bank of China's rate un London' at 10 am, today was 1/2-102d.
The Equalisation rate was 22 per cent.
Calcata Exchantr
Calcutta, Dec. 28 (Reuter). TT. on Japan, 81-1/4.
SILVER MARKET
BOMBAY SILVER Bombay, Dec. 28 (Reuter). Market-Steady. Offtake 10 bars. Tadian Mint Silver
Ready
Dec.
Jan. 22 Settlement
· LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Dec, 27.
LONDON METALS
EXCHANGE
London Dec. 24 (Reuter). TH, Standard, Cash, Middle Price £238-3/4.
Tin, Standard, 3 months, Middle
Tue, following quotations are the Price £250-7/8.
middle prices at the close of the
market in London. All quotations
int Nickel
Inter. Paper & Power Int. Tel. Tel.
Kenmekott Copper. Lakey Foundry & Mac. ........ 34 Libbey-Owens-Ford Glas Lockheed Aircraft ...............................
1040
Bigh
DOW JONES AVERAGE
Low Dow Jones Averages Dec. 27, 152.80-111.64 30 Industrials
*.32.07 22.15 20
ME
Dec. 29, 1940.
High Low Close 130.69 129.25 130.11 97.00 27.61 97.86
129.51
Change .60 up
15
Rails Utilities Bonds
27,58
.27 up
19,75
19.00 19.70 19.80
90.45
64.07 48.47 11 Commodity Index
56,52
90:47 $8,79
.06 up .02 up 37 up
Business Done:--890,000 shares **
are subject to confirmation and no (Brit. Stpd. Supl. Loan) responsibility Is assumed for errors rientsin-Pukow Riy, 5% in transmission.
Ger.Stpd. Supl Loan, 15
War Loan. 3% (Red
after 1952) Defence Loan, 3% Canton-Kloon Rly. 6% 13 Chinese 44% Gold Lan
2}
26.45 18.03 20
91.0183.06 40
Peiping, Yokohama Penang
SAVINGS ACCOUNT also opened in Local Currency and Starling with interest allowed at rates obtainable on application..
CURRENT ACCOUNTS opened Local Currency and Fixed
The Bank's Head Office in London Deposits received for one year or undertakes Executor and Trastes shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax VOD terms which may be ascertained så
application,
SAFE DEPOSIT BOXES of any of the Agencies and Branches. B. A. CAMIDGE,..
Manager.
EXECUTOR
HONGKONG SAVINGS
BANK
The Batiness of the above Bank is conducted by the HONGKONG SHANGHAI BANKING CO PORATION Rules may be obtaiă- ad on application,
For the HoxGKOKO & SHANGHAI BANKING CORPORATION.
V. M. GRAY BUEN,
Chief "Manager. Hong Kong 25th Feb., 1939.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
Au American Bank offering com- plete Foreign Banking Service. in the principal Markets of the world.
This Bank is entirely owned by
Тав CHASE
NATIONAL BANE, NEW YORK, with Resources of ́over · U. 8. $2,900,000,000.
BANK OF EAST ASIA. LIMITED
0,508,800.0
Authorised Capital....10,000,000.00 Paid-Up Capital ........ Reserve' and `Undivided
Pordts........2,983.261.50
flead. Omice:-HONG KONG No. 10 Des Treux Road, Central.
Board of Director.
SIR SHOPSON Chow, Chairman
Boon Chan, Esq. Là Lan Bang, Esq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Im Tang, Esq, Pang Ping Wan Esq. Chan Ching Shok, Esq.
KA TONE PO, Esq, Chief Manager Li Tax Foxa, Ese, Manager
Branches and Ageneice:·· ̈
London Manila
Melbourn
D. M. BIGGAR,
Second Fice Press. seived for.
b?
Job
WANTO! ADS
INDO-CHINA
Peter
Bingapore Bangoon Boursdays
Bwntow
Saigon
as Frans Sydney
olson Zita
Semarang
ROOTST
Every description of Banking and Exchange business transacted. Loans granted ou approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- 000 year or shorter periode is Local and Foreign Cur rancien 00 terma, which will te quoted on application.
BAYE LEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE BANK PAILUP CAPITAL $40,000,000.00
STEAM NAVIGATION COMPANY LT (BRANCHES ALL OVER USINA)
103
Jap. 3 Ster. Loan, 1923 32 wer, 7% Intl. Loan, 1924 6 Chartered Bank
1011
H.K. & Sha! Bank (Ldo
Reg.****** HK. & Shui Bank (Col..
F.eg) Chinese Eng & Mining
(bearer)
.1673
Chosen Corporation Mercantile Bank of In
dia. £5, "0", "
41
Operating Services for Cargo and Passengers
207
TO
Pekin Syndicate
2
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
15
131 20
1898 (Brit, Isane) 44. Chinese 5% Gold Bonds,
1825/47mminəmi 42-47 nin. 44% Anglo-French Loan, 1908
Chinese 5% Crisp Loan-
1912
Chinese 5% Reorg, Loan,
1913 (Ldn. Is.) Chinese 8% Ster. Notes,
1925 (Vicketry ... Chin. Imperial Rly, 5%%%
Loan... Honan Rly, 5%
fukuang Rly 5%, 1911.3
(LP. NIT Issue)
B'haf Elec. Contur, Că. S'hai Waterworką “A”. Union Insurance Step Guia Kalumpang Rubber 15/7} Lon., Mid, & Scot,, Rly, 181 / Great Western Rly. 323- National Bank of India $2, B-A-Tob (beareri 89/45- Dunlop Rubber
Akad TIENTSIN STV,
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in' the French Concessionar Shanghai, where passengeri and cargo are landed.
62-00
61-15
32/6
61-15
| Rukuang Rly. ·6%, 1911).
Bristol Aeroplane
·0/0
(German Tastey lik
-13
Imperial Chemical Ind. 29/10)
nited Steel ...........
21/71
Woolworths...
For further particulars'
54/3
Maramar. Investments
(7/6.
Western Holdings
9/8.
Sub-Nigel
160
BROKERS LOANS.
New York, Dec. 26 (Reuter). Loans on securities to bokers In New York:
Lung Taing & Hai
Rly.,5% 1913 ..... S'hai-N'King Ry, 5% Tientsin-Pukow, Bly, 6%
(Brit. Stpa.
WK.-ended Wk-ended Wk-ended Tientsin-Pukow Rly. 5%
21/12/39 19/12/40. 26/12/40
(Derman atd.).
$880,000,000 $400,000,000 $337,000,000 "lentsin-Pakow Rly, 5%
bell Trans
(bearer)
bid.
& Trad.
****** 3879
ex div.
JARDINE MATI
ON&Co.,LTD.
THELON ZOXIL • GENERAL
MANAGERS
Owing to our numerous Branches 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
Exchange9HANGE
·Head Office:-SHANGHAI Hong Kong Broach -4, QUEEN'S ROAD, C. South China Offices
CANTON
SWATOW
KONGMOON „TOIBHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government hotb at Home and Abroad,
CHEN
SHOU