: Change
Alleghany Steel Co.
11
Allis Chalmers
Aluminium Ld, ..............
Amer. Can
American Cyanamid B.
%
Amer. & Foreign Power Amar Foreign $7 pt. amer, Lacamptive ...... Amer. Metals Co.
Amer, Radiator ..............
Amer. Railing Min
Amer, -S'ting and B'ing Co.. 434
NOTE: All American markets will remain closed on January 1.
Amer. Bugar Refining
Amer, Tel, & Tel
Amer. Tobacco “B”
Amer. Waterworks Anaconda Copper
On Salzon:----
On demand
101 1/2
On Manila:mm
On demand
On Bangkok!---
On demand
48 3/4
1J0
On Sterling Notes:-
Bank Buying Rate”
Now.
Bar Silver per os
23 --1/8
New York Cotton, March New York Rubber, March Chicago Wheat, May ..... Chicago Corn; May New York Hides, March NEW FORK COTTON
Atchison, T, & A, Fe. Aviation Corp. .... Baldwin Lecometive Baltimore & Oblo Barber Asphalt Co. Barnsdal D
sendix Aviation
sethlehem Steel
́PAGE 10-HONGKONG DAILY PRESS
it
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
DECEMBER 30, 1940.
On London
Telegraphic Transfer, 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credita 4 months' sight
On Shanghai-
410
COMMODITY "MARKET REVIEW
(FROM PAYNE & COJ
NEW YORK, December 28.
SINGAPORE RUBBER
SPOT JAN-MARCH
APRIL-JUNE
The market was quiet.
LONDON RUBBER
On demand 52 3/4
SPOT
JANUARY.
On demand
On Singapore:—
On Japan:-
On demand
On India:-
On Batavia:
On demand
On Parts:-
103 1/2
FEBRUARY
APRIL-JUNE
38
-Previous—~~~ Dee,-28-
Close Opening Closing buyer's buyers 38*
Change
37-3/4 37-5/8 37-5/8 37-5/8 36-3/8-36-3/8 96-3/8
off 1/4 unch.
||
Previous close Today's close
buyers
buyers
12
12
12-1/8
CLOSED
12-1/4 12-1/4'
Telegraphic Transfer Jas 1/2
and demand
On New York:—
Bark Bins, on demand 23 3/8 Credlis, 60 days' sight 24 1/8
43 3/4
Bank Bills, on demand Nom. Credits 4 months' sight Now -
JULY-SEPT.
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., 190.11;
Change up .80.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Prev. Today's High Low Close Close Change- 10.30 10.25 10.28 10,29 .03 12p 20:05 20.05 20.03 20.05 .03 off 87 867 854 867 I up 621 B11 813 621
1 up 12,94 12.71 12.69 12930 24 up
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVÍCE)
DECEMBER 29, 1940,
TUESDAY, DECEMBER 31, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorized Capital.
850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1860
Reserve Funds:
Paid-Up Capital Reserve Fund Reserve Liability of "Pro-
prietors.......3000,000
£6,500,000 H.E. Currency Reserve $10,000,00
$20,000,000
Head Offer:-HONG KONG
Hon. Mr. T E. Pearce,.
Hon. Mr. A. L Shield, zar Yandeleur M. Grayburn,
"Chief Hanager-
Johore.
H
.....£3,000,000 *........£3,000,00
HEAD OFFICE: LONDON: 38, Bishopsgate E.CL2. Sub-Agencies In London: 117/192, Leadenhall Street, E.C.
West End Branch:
14/16, Cockapur Street, B.Wi Manchester Bennch:
62, Mosley Street, Manchostar, 3
AGENCIES AND BRANCHES -
HARBIY
FESẴNG HUNG YOND BANQUON (LOTLO
AMRITHA -BANGKOK MATAVIA
BOMBAY
120H TARMON -CALOUTTA. KLING
AGENCIES: KOES CHITE STARE KUALA FAIRLIN PLACE
DANTON
DAWN PORS CRET COLOMBO -DELTY
BAIGON
SELAMBAS
*SHINGEKI
BINGAPORS
→SITIAWAN
SOURABAYA
LUKTUR
SALPING
KUCHING
MADRAS
MANILA
TIMOTERIM
TONGKAR
(Bhuket)
IN INDIAC
Sterling
Reserve Liability of
Last Sale
STOCKS
Last Sale
Proprietors
'Dec. 28
Dec. 28
BI Loew's Inc.
31 t
-
247
- Loft Incorperated
174
35R
Mack Truck Inc.
30%
71
Martin, Olen L
30
Board of Directors: Hon. Mr. J. J. Puterson,"
Chairman.
361
McKesson & Robbins, pí4. 24)
371
Montgomery Ward
C. Q. Boberta, Esq.,
37
13/16
M'tain City Copper Co.
Deputy Chairman.
3
14
National Aviation
10
3. K. Bouxfield, Esq.,
157
Nat Dairy Products
13
A. H. Compton, Esq.;
18+
National Distillers
L J. Davies, Esq.,
ALOE STAR
224
Hon. Mr. 8. H. Dodwell,
National Lead
17
*141
G. Miskin, Esq...
Nat, Power & Light
National Supply Corp.
K. B. Morrison. Esq
13..
New York Centul
13}
186)
Niagara Hudson Power
21
71
N. American Aviation
161
81
North American Co.
164
237
Northern Pacific
Branches:
177
Owens-Minofs Glass Co.
454
41
Pacific Gas & Elec..
28
Amoy
181
Packard Motors
Bangkok Kobe
31
Batavia
Kowloon
Rangoon Saigon San
31
| Pan-American Airways
15.
16
Bombay"
Kuals
•
Franoisco HAMBURG
Paramount Pictures........
101
B
Pennsylvania RR.
221
Canton
London
Singapore
$37
Philadelphia Read. Coal
3/16
Chefoo
Lyons
851"
Phillips Petroleum
414
Colombo Malacca
Bourabaya Sungei
Market Repor
January
March
Close 10.16 N 10.26/20
Opening
Closing
Change
Bilss & Co.
181
Public Service at NJ.
284
Dairen Manila
11
10.13b/17a
30.18 'N
.02 'up
Boeing Airplane Co.
181
Pullman Inc.....
25+
Foochow Muar
10.26/20
10.29/30
ON up
Borg-Warner
19
Pure O
B
Haiphong
May
10.21/21 10.21/21
10.23/23
.02 up
Briggs Mfg.
2:5
Bankow
Radio Corpn. of Am,
Barbia
FROM KOZA BROS.
July
·9.99-/10.00 · 10.01/02
10.03/04
04 up
Budd Mfacturing Corp.
47
Beading Company,
Com
134
•
Monday, Dec. 30.
October
9:46/47
9.45/45
„9.48/48
.02 up
Canadian Pacific H’way
31
Remington Arms Co., Inc.
51*
over the week-end, the quotations
Stiver was unquoted.
January
The.. London/New York Cross rate was quoted at 4021/2, New
March
May"
.
MARKET
Sliver prices were unchanged December
remaining at 23.1/8. for Ready and Total sales Friday:—95,400" bales. 23.1/16 for Forward. American NEW YORK RUBBER
York/London was quoted at 403 July (New contract) ... 19.74b 1/2.
9.44 N
9.43/43
945/46
02 up
Case, J.L..
Republic Aviation Corp.
5
Spot
10.26 N
10.30 N
:04 up
Celanese
Republic Steel
Chesapeake & Ohlo
43
Revere Corp.
104
Chrysler Corpn.
731†
Reynold Tobac. "B"
334
Columbla Gas & Mec.
44
20:23b
20.08b
unquoted 20.05/05
20.20b/27a
03 of
Safeway Stores
42
Commercial "Credit Co.
281
Schenley Distillers
111
20.05/05
03 off
Com, & Southern (Ord) ...
11
Sears Roebuck
781
19.90/90
19.80b/90
19.753.
19,90/08 19.70b
unch
Consolidated Edison
221
.04 off
Shell Union Oil
11
Consolidated, Oil.......
51
Socony-Vacunum of
8
Total sales-100 tons.
Continental Can
37
Southern Pacific
CHICAGO WHEAT
Continental Oil
181
Quiet."
Southern Rly $5 pía.
21
May July September.
May
September
| NEW YORK HIDES
after 1952)
103
ΣΩΣΗ
Janton-K'loon Rly.. 5
13
1898 (Brit. Issued..... Chinese 5% Gold Bonds,
1925/47
44
42-47
STERLING
There were sellers at 1/3 for December, buyers at 1/2.1/32 Cash
and 1/3 February, possibly Jan
ULTY.
U. S. DOLLARS
There were sellers at 23.11/16 | July
Cash, buyers at 23.3/4 Cash. "
SHANGHAI DOLLARS
At the opening sellers were March "..
Closed at quoting 421 for Cash, Leum, with selleds at 423 for Spot.
SHANGHAI MARKET · Opened wiht sellers of Sterling at 3.17/32. Subsequently
the
market steadied to 3.9/16. Last advices indicated sellers at 3.35/84 "for Spot. U. S. Dollars the market opened with sellers at. 5.9/16 for Cash. -Subsequently
the rate steadled to 5.5/8 and at the close there were sellers. et 5.19/32 for Bpot.
AFTERNOON MARKET The market was quiet in the! afternoon.
June
Total sales for the day:-150 contracts. N.Y. Official Silver.......
34-3/4 NY-London Cross Rate 403-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Dec. 27. The following quotations are the middle prices at the close of the market in London. All quotations are subject to conßrmation and nu at 1/3 December, buyers at 1/3-responsibility is assumed for errors
STERLING
The market closed with sellers
1/32 Cash and 1/3 January,
U. 5. DOLLARS
· Sellers at 23.11/10 Cash, buyersi
at 23.3/4 Cash.
SHANGHAI DOLLARS
in" transmission.
War Loan, 31% (Red,
Defence Loan, 3%......
Sellers at the opening at 422 Chinese 41% Gold Loan and at the close sellers were
offering 427 for Spot,
SHANGHAI MARKET Opened" with sellers of Sterling at 3.35/64 for Spot. Last advices reported sellers at 3.33/64. U. 8. Dollars, 5.19/32 were quoted at the opening and at the close 5.17/32 sellers for Bpot.
Shanghai Exchange
Shanghai Dec, 30 (Reuter).
Official TT. Enter
Opening
London ...
New York
Japan...
India
Paris
44% Anglo-French Loan, 1908 Chinese 5% Crisp Loan.
1913..... Chinese 5% Reorg, Loan
1913 (Lan. Is.) Chinese 8% Ster. Noten,
1925 (Vickers)
Aukuang Rly. 5, 1911
'(German Isstie)....
Lung Teing & Hai
S'hai-N'King Rly, 1%...
201
H.K. STOCK EXCHANGE
Although quiet conditions ruled today's market, the undertone re- mained steady.
BUYERS
Bank of East Asia, $74.- Canton Ins.. $200. H.K. Fire Ins., $157.50. Wharves, $93.
Providents, $5.70,
Lands, $34.
Trams. $17.70.
Star Ferries, $81.
Yaumati Ferries, $24. Electrics (0), $10. Electrics (N), $39,50.
Sandakan Lights. $11,40. Ropes, $7.05,
Watsons, $10.55.
Entertainments, $7. Constructions (0), $1.60.
SELLERS
Wharves, #95.
Trams, $18.
Dairy Farms, $19:
Watsons, $10.70.
Vibro Piling, $7.70.
-851/851
86/867
87/881
11 up
Copperweld Steel
181
Epicer Manufacturing Co. 361
801/80
-801/201
814781
пр
Curtiss Wright (C.)
@
Standard Brands
61
801/801
811/819
11 up
Curtiss Wright "A"
291
Stand Gas & Elec.......
Calcutta Lampar Shanghai HANKO
Patani Swatow (Johore) Tientsin Mukden Tokyo New York Tsingtao
Yokohama Peiping
Penang
KIPAN
NEW HULK PRIVING
(Peking)
FOREIGN EXCHANGE and Genera) Banking Business transacted.
CURRENT A¤000W opened and Fixed Deposits received for One Year or sharter periods in Louriz 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...
Hoilo Ipoh "CURRENT ACCOUNTS opened in Local Currency and Fixed
The Bank's Head Office in London Deposits received for one year or undertakes Executor and Truskea shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax averseid, on application,
|torms which may be ascertained as
SAFE DEPOSIT BOXES of any of the Agencies and Branchen." Various sizes to let.
B. A. JAMIDGE,
Manager.
TRUSTEE And EXECUTOR business undertaken.
́HONGKONG SAVINGS
BANK
HALZHONG
TOKOHEMI
Friday's sales:÷7,842,000 bushela. CHICAGO COEN
Deere & Co. .......
204
Standard 09 of California 18
Distillers Corpo, Seagrams
18
Standard OU of NJ.
331
The Business of the above Bank
Douglas Aircraft.
764
Stone & Webster
74
813/611 612/012
014/614
unquoted
811/611
€28/628 621/62 821/624
up
Du Pont de Nemcurs
1641
Studebaker Com,
6 conducted by the HONGKONG SHANGHAI BANKING COB-
Eagle Picher, Lead “
104
Bwift International
171
пр
Saton Mfg. Co.
341
Technicolor
don application.
Slec, Autolite
337
Texas Corpn.
401
12.69/69
12:43/49
12.82/71 12.57/55
12.93b/948 12.66/68
24 up .18 up
Etec Bond & Share .........
31
Banking CorpORATION.
Texes Gulf Sulphur
25+
Elec. Bond & Share 35 pt.
567
Timken-Axle
331
Elec Bond & Share $6 pt.
88
Trans-America Co.
48
unquoted 4.03-1/2
Elec. Power & Light $7 pf., 321 Flintkote
Hang Korg 95th Feb., 1996.
20th Cent, Fox.
5#
.141
Union Bag & Paper Corp.
123
Gen. American Trans.
55.
Union Carbide & Carbon
89
THE CHASE BANK
-Gen. Electric
321
Union Pacific
752
Gen Motors.
481
United Aircraft
413
Gen. Railway Signal
141
United Airlines Trans
161
Gen. Tire & Rubber
111
United Corpn.
11
HEAD OFFICE: "
Glidden Co.
13+
United Corpn. $3 cum pt. 27)
18, PLNE STREET,
Goodrich (B.F.)
131
United Gas, Corph. ........
2
NEW YORK.
Goodrich $5 pt.
627
United Gas Improvement
s
Goodyear Tire & Co.
187
US.. Industrual Alcohol. ... 24
Great Northern Iran Ore
147
U.8. Rubber
221
Great Northern Rly, pfd. -
261
US. Rubber $8 pfd,
851
An American Bank offering cam-jam plete Foreign Banking Service in the principal Markets of the world.
BANK OF EAST ASIA, LIMITED
ORATION. Rules may be obtain-Authorised Capital......$10,000,000.00
For the HONGKONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager.
Paid-Up Capital 5,593,800.0F Reserve and Undivided
Porêts
.2,983.241.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board
of Director.-
8ik SHOPBOX CHow, Chairman
15, QUEEN'S ROAD, CENTRALL Koon Chan, Bay,
P. K. Kwok, bag.,
"Li Lan Sang, Eng
Wong Chu Son, Eng
Woog Tan Tong, Esq. Fig Ping Wah Esq. Chan Ching Shok, £84.
KAN TOKO PO, Esq., Chief Manager LIT Fosa, Esq.,"Manager
Branches and 'Agruzica:
Korricoa Penwar
mos
Bingapore
Bateria: London
Great Western Sugar
191
U.S. Smelting
64
Interest Rates on Application,
Greyhound Corpn.
11
U.S. Steel
601
Helpbeag Hankow
Hercules Powder Co
!.....
10
Vanadium
331
SAFE DEPOSIT BOXÈS
Koneal
Hanroda Halgon Helbourne Bad Fran- Sydney Nig
sta intiz New York seattle
ew I
Parto
Homestake Mining Int Nickel
504
talj.ng
Shangbal
Vultee Aircraft
74
231
Walworth Oc
51
Inter. Paper & Power ...... Int. Tel. & TEL
151
Warner Bros. Pict
3
21
Westinghouse Elec.
1021
Kentecott Copper
361
Woodward Iron Cor.
314
Laxey Foundry & Mac. ... Libbey-Owens-Ford Glas Lockheed Aircraft ..........in
34
421
Chase National Bank ...... National City Bank
32
28
DOW JONES AVERAGE
1040
Dec. 29. 1940.
45
34
0/3-3/8
5-5/16
22-113
Lights Rts. $1.25.
18-3/@
Ry. 5% 1933
14
Dairy Farms, $18.75/60.
... nominal
10
Watsons, $10,55,
Hongkong
........ 22-3/0
Sterling
Sellera
| Mentain-Puków Rly, 5
(Brit. Stpd.)
TO-
15
Bput-
Dec.
Jan.
Opening Closing. 0/3-17/92 0/3-33/64 0/8-17/320/3-33/64 0/3-1/2
Tientsin-Pukow Rly. 6%.
German stud.)
15
U.S. Dollars
Spot
Dec.
Jan.
3-17/32 5-1/2
0/3-31/64
$5-9/18 $5-17/32
5-9/18 5-17/32
Market:—Quiet.
Silver "Duty Rata
The Central Bank of China's -rute on London at 10 am. today -was-1/2-1/20.
The Equalisation rate was 224 per cent.
Note: All Shanghai markets will
Jap. 6% 8ter. Loari, 1924** *32*
Chosen Corporation Mercantile Bank of In-
dia. £5, "G”
be closed on Jan, 1, 2, and 3, 1941, Peklo Byndicate
Tientsin-Pukow Rly. 5%
(Brit.Etpd. Supl, Loan) 15 Fientsin-Pukaw Rly. 5% (Ger.Stpd. Bupi. Loan)
གསུ
13
Ger, 7%, Inti. Loan, 1924 §.
3'hal Elec. Conrir. Co. S'hal Waterworks "A" 131 Union. Insurance
20 Gulà ̈Kalumpong-Rubber 15/7} Lon., Mid, & Bcot.. Rly. 131 Great Western Rly..... 321 National Bank of India 32- B.-A. Tob'. (bearer)
15/-
80/41
Chartered Bank ............
8
| Dunlop - Rubber
32/4
4.K. & 8'hal Bank (Ian.
Reg.j
Bristol Aeroplane
9/9
זיד
HY, # Bhal Bank (nói
Peg) Chinese Eng. & Mining
(bearer
Imperial Chemical Ind., 29/101 United Steel
21/71
82
Woolworths
54/8
Marana. Investments ... 7/6
47-
103
21-
་།
18/3
Western Holdings
9/6
Sub-Nigel
·180
Khell Trans & Trad
4bearer)
38/9
བྷཱུ ུ ྂ བྷཱུ ཎྜ༦ཤཱ ུ
High Low Dow Jones Averages 15280 111.54 30 Industriala,
Baila 32.67 22.16.20 26.45
18.03 20 Utilities 9101 82.06 40 Bonds 64.07 48.47 11 Commodity Index
Deo. 27,
High Low Close
190.51
27.08
19.76 10.40 68.62.
130.69 129.25 130.11 27.06 27.61 27.85 19.90 19.74 18.80 10.47 58.79. Business Dona:-820,000 shares
Os up
.02 up
27 up
10
Chin. Imperial Rty. 5%
Loan Honan Rly, 5%
47
SALES
104
R.K. Govt. 34% Loan (1934), 94.
Hakuang Rly. 5%. 1911...
(12P. N/T Issue)
15
Providents, $5.70.
Hotels, $3.00.
Lands. $34.
Trams, $17.70..
❤bid.
Change
£0.up
27.up
"aver U.8.$2,000,000,000.
D. M. BIGGAB,
Every description of Banking and
Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Loos! Currency and Fixed Deposita re Second Vice Press.ceived for one your or shorter
periods in Local and Foreign Car
encies, on terms which will be
A Job 2
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passongers
SWATOW, SHANGHAI, TSINGTAU; CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and \ CALCUTTA SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Bhanghai, where passengers and cargo are landed.
For further particulars
please apply tom
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZILE GENERAL MANAGERS
moted on application.
SAFE DEPOSIT Boxes To Lan
KAN TONG PO;
Chief Manager,
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP. CAPITAL 840,000,000.00
(BRANCHES ALL OVER CHINA)- 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, Ranking and Exchange.
Head Office:-SHANGHAI- Hong Kong Branchs
* QUEEN'S ROAD, C.
South China Office:
| CANTON
SWATOW
SHIUCHOW
KONGMOOK TOISHAN KINGOHOW We also handle the inus of Bonda and other Public Funds of the Chiness Government hoth at Home ind Abroad.
SHOUJ. CHEN
Manager,
This Bank is entirely owned by{
Tax CHASE NATIONAL BANE, NEW YORK, with Resources of