1940-12-05 — Page 10

ן.

=

Dec. 3

Close Opening Closing Change buyers buyers

38-3/8 38-3/8 38-3/8 37-3/8 37-3/8 37-6/8 35-7/8 38

36-1/4

unch up 1/4 up 9/8

STOCKS

buyers..

11-3/4

11-15/16

12 12

11-7/8

buyers 11-13/16 12 12-1/8 12-1/8 17

Change

Adams Express Alleghany Steel Do

up 1/16

Allis Chalmers ....

up 1/16

Aluminium Ltd,

up 1/8

Ame. Các

up 1/8

American Cyanam'd B. ...

up 1/8

Amer. & Foreign Power ...

Foreign $7 pt.

Baldwin Lecometire ....

Baltimore & Ohio... Barber Asphalt Co. Barnsdall Of.....

Bendix Aviation

Bethlehem Steel

Bliss' J Co.

Boeing Airplane Co.

Borg-Warner.

Briggs Mfg.

Budd M'facturing Vorp.

Canadian Pacific R'way

61 804 12.50 12.37

Case, I

Celanese

at

(

Close

10.08/06 January ( **)....... 9.98 N March

Opening

10.09/09

Closing

Change

Chesapeake & Ohlo

Chrysler Corp, kad

10.13/13

07 up

Columbia Gas & Misc.

10.00b/01a 10.040

.08 up

Commercial Credit Co.

)...... 10.09/10

10.11/12

10.16/16

.07 up

Com, & Southern (Ord.) ...

MARKET

The London - New York cross-

rate was quoted at 402-1/2 New July York-London was quoted at 403.- 1/2

Steady,

STERLING

There were. sellers at 1/3 Decem-January ber-January, buyers' až 1/3.1/3 March for Cash.

V. S. DOLLARS

Sellers at 23.0/18 for Cash and forward, buyers at 23.11/16 for Cash

MAY

{

...... 10.00/00.

10.02/02

10.07/07

07 up

Consolidated Edison

{

> ...... 0.77/78

£81/81

9.86/86

.09 up

Consolidated Off

October Spot

C

)

9.26/26

9.30/31

10.06 H

9.33/33. 10.131

.07 up

Continental Can

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING : QUOTATIONS DECEMBER 4, 1940.

On London:-

Telegraphic Transfer. 7/4 Hank Bills, on demand 1/278 Credits 4 months sight..

On Shanghal¦--

On demand

On Singapore:---

COMMODITY MARKET REVIEW

(FROM PAYNE & CO,)

NEW YORK; December 3, 1940.

SINGAPORE RUBBER

S.P O T

| JAN.-MARCH

APRIL-JUNE

CONDON

The market was stendy.

RUBBER

380

On demand

SPOT

39 3/4

JANUARY

On Japan:-

On demand

101

FEBRUARY

APRIL-JUNE

On India:-

JULY-SEPT.

Telegraphic

Transfer.)

82 1/2

and demand

On New York:-"

On Manila:----

On demand

On Bangkok

48 1/2

{

Previous

Previous close Today's close

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

-DECEMBER 4, 1940,

Bank Bills, on demand 23 1/4 Credfis, 80 daya' sight 24

On Batavia:-

On demand ...... 43 1/2

On Paris:

Bank Bills, on demand Nom. Credits 4 months' sight Nom.

On Saigon

On demand

On demand'

On Sterling Note:--

Bank Buying Rate

Bar Silver pår 02 min

Market Repon

FROM ROZA BROS,

The price for Beady Silver was unchanged yesterday but the For-

The smallness of the estimates of rubber shipped from Malaya during November, together with trade demand, scarcity seller resulted in a-steadier market. » Business was moderate.

NEW YORK COTTON:. The lifting Influence of the loan together with the firm spot situation are off-setting the uncertainty of the Government's future policy which prevents any decided trend in either direction. At the moment, the purchase of July

Amer amer. Locomotive..............

amet. Metals Co.

Amer, Radiator .......

Auer, Rolling Mi "Amer. Sting and Ring Op. Amer, Sugar Relining ..... Amer. Tel, &· Tel. .............

at a discount appears to be safe. Much Improvement in the mer. Tobacco B

gray-goods demand is indicated.

NEW YORK RUBEER: There was some Tradė buying and short- covering on the uncertainty with regard to the Far Eastern situation.

NEW YORK STOCKS: Previous close, 130.93; Today's close, 130.78;

Change, of 18,

NEW YORK COMMODITY MARKET (REUTER'S SERVICE)

New York Cotton, March New York Rubber, March Chicago Wheat, May

ward rate rose 1/16, the quota-Chicago Corn, May tions being 2213/18 and 22.7/8 New York Hides, March respectively. Süver

speculators as having NEW YORK COTTON bought to a small extent. The market was steady but quiet Dec. (New.contract)

Prev. Today's High Low Close Close Change. 10.19. 10.10 -10.09 10.16 .07 up 20.39 20.27 20.22 20.35b 13 up 871 864 off 811 60% off 12.54 12.44b 10 of

Amer. Waterworki Anaconda Copper ..... Atchison, T. & S. Fa Aviation Corp.

ported

Nom. 22 13/10

advices

American silver was quoted

34.3/4 for Epok

re-

THURSDAY, DECEMBER 5, 1940.

BANKS

MMONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Ospital................. 850,000,000

INDIA, AUSTRALIA: AND CHINA

Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1858

Reserva Funda:

| Paid-Up_Capital'.................£3,000,000 £6,500,000 Reserve Fund Sterling H.E. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

Proprietors

Hon. Mr. S. H. Dudwell, .

Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,

Chief: Manager.

priators...

£3,000,000

HEAD OFFICE: LONDON: 39, Bishopsgate E02 Sub-Ageneles In Landon: 117/122, Leadenhall Street, E.C.A. West End Branch; 14/18, Cockapur Street," 8.W | Manchester. Branch:

65, Mosley Street, Manchester,

AGENCIES AND BRANCHES-

**RAZZIN PANANG

EONG SONG 210005 ILOILO

ALOR STAR AMRITSAR BANGKOK

BATAVIA BOMBAYA CALOUTER

1P0H

FARAONI FLANG"

AGENCIES, ·OK Cars STAKET KUALA FAIRLIE FLAV CANTON

DELHI

HAIPHONG

Francisco HAMBURG

BANIOW

Lumpar Shanghai

Singapore

"Sourabaya

Haiphong (Jobore) Tientsin

Ipoh-

Peiping..

Penang

Yokohama

ODKRENT ACCOUNTS opened in Lol Curriner and Fizzó DEPOSITS received for one year or shorter periods in Local and other Our cancies on terms which will be quoted on application.

LUMPUR KUORING

MANILA MEDAN

BAIGON

SEREMBAN

SHANGHAI

SINGAPOBR

-- SITIAWAN

NEW YORK PUIPINO

(Peking)

SOURAKAYA TAIPING

· TIENTSIM ..

TONGEAR

(Bhuket)

TEIN GTAS" FOKOHAMA

FOREIGN EXCHamon and Generat Banking Business transacted,

CURRENT Accounts opened “and Fixo Deposits · received for · One Test or shorter periods in Local or Other. Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened ja Local Currency and Sterling with interest"allowed at rates obtainähle on application.

The Bank's Head Office in London undertakes Executor and Trustee business, and claims, recovery of British Income Tax overpaid, on Atso up to date Ears DXPORIT terms which may be ascertained at

any of the Agencies and Branches. Boxes in various sizes To LET.

R. A. CAMIDGE,

Manager.

$20,000,000

Last Sale

STOCKS

Last Sale

Dec. 3

Dec. 3

·Head: Office:—HONG KONG

54

Loew's Inc.

31

231

Loft Incorperated

201

344

Mack Truck me.

277

Board of Directors: Hon. Mr. J. J. Paterson.

7607

Martin, Glen L.

32

Chairman

871

McKessub & Roboins, pfd.

18

351

Montgomery Ward.

371

V

C. O. Roberta, Esq. m

Deputy Chairman.

1.

M'tain City Copper, Co.

37

J. K. Bousfield, Esq.,

15

National Aviation .....

101

Nat Dairy Products

13+

"A. H. Compton, Esq.,. LJ. Davies, Esq.,

194

National Distillera

23

71

National Lead

'18

G. Miskin, Esq.,

15+

Nat, Fower & Light

ཨ་

K. 8. Morrison, Esq.,

45

National Supply Corp.

67

Hon. Mr. T. E Pearce,

134

New York Cential

13

1661

Niagara Hudson Power

3+

703

N. American Aviation

177

North American Co.

16+

LOA WNPORE

271

Northern Pactac

Branches:

CTBU

*MADRAS

15

Owens-Tilinols Glass Co.

46

Amoy

44

Pacific. Gas de Mec

ZT+

Bangkok

18

Packard, Motors

3+

Batavia

Johore". Kobe Kowloon

Rangoon Saigon Вац

COLOMEO

31

Pan-American - Airways

18

Bombay

Kuala

101

Paramount Pictures

10

Calcutta

9

Canton

London

Pennsylvania R.R

214

Chefoo

321

Lyons

Philadelphis Read, Coal

+

Colombo

B5F

Malaces Sungei

Phillips Petroleum

394

Dairen

Manils

141

Public Service of N.J......

Foochow

Muar

Patani Swatow.

171

Pullman Inc................................

201

Pure Oll

Bankow

Mukden Tokyo

•

231

Radio Corpn. of Am,

Harbin

New York Tsingtao

5

Reading Company,

Com

Tailo

31

Remington Arms Do., Inc.

801".

Republic Aviation - Corp.

271

Republic Steel "

427

| Revere Corp.

117

761

Reynold Tabac. "B"

321

41

Bafeway Stores

44

Schenley Distillers ..........

101

13/10

Bears Roebuck

758

22

Shell Union of ....

101

..

Bocony-Vacunum O

Hong Kong, 30th November, 1940.

· BL-

971

Southern Pacifc

81

.07 up

Continental on

191

Southern Rly $5 pfd.

21

Total sales Monday:

65,300 bales.

Copperweld Steel

101

Spicer Manufacturing Co. 331

Curtiss Weight (C.),

"81

Standard Brands

61

NEW YORK RUBBER

Curtiss-Wright “A”-

281

Stand Gas & Elec.

11

2.

20.40 N

unquoted

20.22/22

20.25b/29

May

20.00/00

20.10/10

July (New contract)

19,70b/80a

19.70b/95

20.55b 20.366/38ä 20.15/15 19.83b

is up

Deere & Co.“.....

201

Standard Oll of California

178.

Distillers Corpn. Seagrams. 181-

13 up

181

Douglas Aircraft.

·781*

Standard Oll of N.J.

334

18 up

Stone & Webster

Du Pont de Nemours

A. 1567

23 up

Studebaker Com.

74

Eagle Picher Lead

10°

Swift "International

Total sales:-900 tons. CHICAGO WHEAT

177

Eaton Mfg. Co.

39

Technicolor

10

Elec. - Autolite

351

Теты Согра

381

Elec, Bond & Share ......

SHANGHAI DOLLARS Business was done at various

May

872/871

July

871/87 83/821 827/821

851/87

off

Texes Gulf Sulphur

354

#lec. Band & Share $5 pr.

57

Timken-Axte .....

291

823/82

off

Elec. Bond & Share $6 pt.

654

rates. The market closed

with

Monday's sales:--12,588,000 bushels,

Elec. Power & Light $7 pf. Put o

31

Trans-America Co...

47

20th Cent. Fox.

181

sellers at 381 for Spot.

CHICAGO CORN

Union Bag & Paper Corp.

127

Gen. American Trans. ...

544

THE CHASE BANK.

SHANGHAI MARKET

May

3.25/32 and closed

shade

Sterling" opened with sellers at | July

steadier with sellers at 3.51/64 for NEW YORK BIDES

Bpot. US. Dollars opened with March

sellers at 5.15/18 for. Spot and at June the close there were sellers at 6.31/32 for Spot.

Shanghai Exchange

Shanghai, Dec. 4 (Reuter).

Official T.T. Ratex

Opening

* 12.54/55 12.43/43

811/811 613/611 61)/811

61/811

Union Carbide & Carbon

72

601/601 607/807..

off

Gen, Electric

331

Union Pacific

781.

off

Gen. Motors

471

United Aircraft"

42

Gen, Railway Signal

151*

United Airlines Transn

164

Gin. Tire & Rubber

137.

United Corpn.

14

12b

,10 ON

Glidden. Co.

144

Total sales for the day:-70 N.Y. Official Sülver 94-3/4 NY-London Cross Rate 4.03-1/2

12.15b/35 contracts,

12.26/26

United Corpn. $3 cum pf.

29

Goodrich (B.F.)

141

United Gas Corpo.

15/16

Goodrich $5 pf.".

83+

United Gas Improvement

10

34-3/4 4.03-1/2

Goodyear Tire & Co

177

US, Industrual Alcohol..

214

Great Northern Iron Ore .....

171

U.S. Rubber

234

HONGKONG-SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG

BHANGHAI BANKING COR PORATION. Hules may be obtain. ed on application.

For The HONGKONG & SHANGRA

BANKING CORPORATION,"

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1999.

18, QUEEN'S ROAD, CENTRA¡

HEAD OFFICE;

18, PIRE STEENT

NEW YORK

An American Bank offering.com

plete Foreign Banking Servior in the principal Markets of the world.

BANK OF EÁST ASIA, LIMITED

Authorised Capital $10,000,000,00 Paid-Up Capital 5.999,000.0

Reserve and Undivided...

Porfita

....2,983,281.50

Head Ofles: HỒNG KON No. 10 Des Voeux Road, Central,

Board of Directors:

Six ExopBox Chow, Chairman

Là Koon Chen, Esq., Li-Lan P. H. Kuck. Eng.

Son, Ba

Woog In Tong, Eng. Fing Fing Wall Eng. Chan Ching 8bok, 58,

PARA

KAN TONG Po, Esa., Chief Manager

Li Tax Foua, Esq., Manager

Branches and Agencies: -

Great Northern Rly, pid,

201

US. Rubber $8 pid. .......................

891*

Interest Bateson Application.

4Great, Western Bugar,

201

UB. Smelting

65+

Greyhound Corpn.

10%

SAFE DEPOSIT BOXES

LONDON STOCK

Hercules Powder Co,

724

1.8. Steel

071

Vanadium

33

AMOY

Kowloon

Ragspor

Betaria

Loadca

Rangoos

Bourmony

Bombay

Kanila

Saigon

Conta

Kalbot

Ban Fran- 'Sydnay

Halphone

Ranko

New York

Buttir

Honolulu Par

Cofano Tinsbíla

Bymarkag

CONTES

Po:ging

Homestake Mining kang 498

Valtee Aircraft

8j

London

New York

Japan

India

Hongkong

0/3-11/18

5-3/4

24-3/8

20-3/BN .24-172

Sterling

Sellers

Int Nickel

237

Walworth Co.

·51

Inter. Paper & Power

18

Warner Bros. Pict

31

* 17.8.$3,000,000,000.

11

341

Westinghouse Mec.

-104

4

Woodward Iron Cor,

32

Glass

43

Chase National Bank.

(C-| National City Bank 901

Opening Closing Spot 0/3-25/32 0/3-51/84 Dec. ........ 0/3-25/32 0/3-51/54 Jan. ........... 0/8-49/64_0/3-25/37. T18. Dollars $5-15/16.

Spot

Dec.

Jan,

5-15/18

$5-31/32 5-31/32 3-29/32 5-15/18

Market:-Steady.

Silver "Duty Rate

The Central Bank of China's rute on London at 10 a.m. today was 1/2-1/2d.

The Equalisation rate was 201 per cent.

Calenta Exchange -

Calcutta, Dec. 3-(Reuter), T1, on Japan. B1-1/4

SILVER MARKET LONDON SILVES London; Dec 3 (Reuter). Silver Littlo speculative buying. Business very small Market quiet but steady. In the afternoon, the market was quiet.

Spot, 22-13/184.- Forward, 22-7/BA."

LONDON METALS

EXCHANGE

London, Dec. 1 (Reuter),

Tin. Brandard, Cash, Middle Price, 2257-5/83/55

Tip, Standard 3 months, Middle Price, 2260-1/8

Market"---Stendy."

EXCHANGE

(REUTER'S SERVICE)

London, Dec. 3.....

BRITAIN'S RECORD WAR EXPENDITURE

LONDON, Dee

(Reuter)

The following quotations are the middle prices at the close of the Britain is now spending £12,878,- market in London. All quotations 000 dally on the wara record are subject to confirmation and no figure. Exchequer returns for responsibility is assumed for errors the last week issued yesterday in transmission.

show that during that period

102-15/18

102

War Loan, 34% (Red.

after 1952) Defence Loan, 3%. Santon-Kloon, Rly. 5% 12 Chinese 44% Gold Luan

1998 Brit. Issue). Chin. 41% Anglo-French

Loan, 1908 Chinese 5 Crisp Loan

1912

Chinese 5% Reorg. Loan.

1913 (Ldn.. Is).

"trese 6% Ster. Nater,

· 1925 (Vickers) ........

38+

41-48

60 6. 2 y.

Chin. Imperial Ris. 5%-

Loan Honan Aly. 5% kinamar Hukuang Rly 8, 1911.

(LP, NY Taste)... 15 Hukuang Riy 5%, 1911

German Issue)....... Lung Taing & U Hai

Rly 6% 1913 '....... S'hat-N'King Ris. 5%. Tientsin-Pukow Rly, 5%

(Brit. Stpd.).

Int. Tel. & Tel..... Fennecott Copper Lakey Foundry & Mac... Libbey-Owens-Ford

Lockneed Aircraft

1900

DOW JONES AVERAGE

Deo. 4, 1940..

Dec. 2 High Low Close

32+*

264*.

Change

This Bank is entirely owned by

Так CHABE NATIONAL BANK Now You, with Resources of ovil

D. M. BIGGAR,

&cond Fica Primi

A Job?

NEWS

162.50-111.84 30: Industrials /

32 67 22.15 fails

supplies and services cost £90,-* High Low Dow Jones Averages 134,000 compared with the £72,- 350,000 of the previous week, dally increase of over 2.1/2 million) Sterling.

LONDON GOLD.

London, Dei, 3 (Reuter),

Bar Gold, Fine per oz. 168/v

..

dk & S'tal Bank (Cul

Reg

Chinese Eng. Mining

(Degret)

16/3

Chosen Corporation Mercantile Bank of In-

dia, £5, "G"

10

Pekin Syndicate

S'hat Elec. Constr. Co... 15/ B'hal Waterworks "A" 134 Union Insurance

20

15.

13

Tientsiri-Pukow Bly. 5%;

Gula Kalumpong Rubber 157 Lon, Mid & Scot. Rly. 141- Great Western Rly 33 National Bank of India 23. 8.-A. Tob (bearer) .......... 85 Dunlop Rubber

31/74

(Derman Stpd.)

.13

Bristol. Aeroplane.

9/10

Tientsin-Pukow Rly. 6%

(Brit. Stpd Bupi. Load) 13 Tientsin-Pukow Blv. 5% (Ger. Stpd. Bupl. Loan) Jap. 6% 8ter Loan, 1924 30 Ger 1% Intl. Zoan, 1924-8 "hartered Bank

Imperial Chemical Ind. 28/41 United Steel

20/101

Woolworths

13

Mazmaz Investments

Western Holdings

66/41 7/6 *0/0

Bab-Nige

155

71

hell Trans, & Trad.

bearer)

32/0

-bid:

-ex" div

IK. & S'hai Bank (4

Reg.).

20.45 18.03 20

30.00 83.00 40

·64.07. 48.47 11

Utilities Bonda

130.93

28.03

90 11

90.14

Commodity Inder

56.61

· 131,53 131.25 130,78 ....15 off“ 28.10. 27.85... 28,00 03 of 20.37 20.03 20.25 .14.up

30.1404 up

10 off

Business Done:÷450,000 shares

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

| Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEVOO

and TIENTSIN

KOBE and OSAKA

› SINGAPORE", PENANG and,

SANDAKAN.

HAIPHONG You

All steamers barth alongside the Roosevelt Terminal in the French Concesion at Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON& Co. LT TELEPHONEZOZILO GENERAL MANAGERS

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local Currency: and Fixed Deposits /res seived fur una” year or shorter periode in Local and Foreign' Cur- rencies on terms which will he

noted application..

SAJE LEPOSIT Boxes To Lar,

KAN TONG.PO.

Chief Manager.

BANR OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN "INTERNATIONAL EXCHANGE

MAGAMA BANK P

PAID-UP CAFITAL $10,000,000.00 (BRANCHER ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Contras of the World, we are able to extend So our Clients special facilities for Domestic and Foreign Banking nog Exchange

Head Office:SHANGHAI

Hong Kong Branch:

4 QUEEN'S ROAD, 0. South China Office:

JANTON PO KONGMOON SWATOW.C

SHIUCHOW

TOISHAN KINGCHOW

We also handle the issue of Bonds and other Publia Funds of the Chinese Government both at Hokie "ind. Abroada

SHOU

CELENT

anager.