1940-12-09 — Page 10

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up 1/8

STOCKS

PAGE 10 HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS DECEMBER 7, 1944.

On. London:-

Telegraphic · Transfer. 1/2 7/8 Bank Bills, on demand 1/a 7/3 Credits 4 months' sight

COMMODITY MÄRKET REVIEW

(FROM PAYNE & CO.)

NEW YORK, December 7, 1940,

SINGAPORE RUBBER

SPOT

| JAN-MARCH

APRIL-JUNE

Previous

Dec. 7

Close Opening Closing" Change. buyers buyers

NEW YORK STOCK EXCHANGE

QUOTATION

(ESUTER'S SERVICE)

DECEMBER 8, 1940.

MONDAY, DECEMBER 9, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital....... $50,000,000

INDIA, AUSTRALIA.

VAND CHINA

Issued & Fully Paid Up $90,000,000 Incorporated by Royal Charter, 1258

Paid-Up Capital £6,500,000 Reserve Fund

Reserve. Funde ?--- Sterling. H.K. Currency Reserve $10,000,000

Reserve Liability of

£3,000,000 £3,000,000

Proprietors

#90,000,000

Reserve Liability of Pro-

prietors......

£3,000,000

The market was steady.

Da Bhanghai:-

Leak Bala: Dea, 7

STOCKS

Last Bale

Dec

Head Office:-HONG KONG

On demand

380

| LONDON RUBBER

Previous close Today's close

Adamą Expeyor wanita.

5] |

On Bingapore:---

buyers

buyers

Change

Alleglinny Steel. Da no 23)

|Loew'ą Inc.

Loft Incorporated

301

197

On demand

62 3/4

9 POT

11-7/0

Allis Chalmers

341

Mack Trucking.

201

Board of Directors: Hot. Br). ). Paterwon,

On Japan:

JANUARY

12-1/16

Almahtium Ltd.

72*

Martin, Glen L

322

Ohairman.

On demand

• 100

On India:

Telegraphic

Transfer.

"

On demand.

On Paris:...

and demand

On New York:--

FEBRUARY APRIL-JUNE

es 1/2 JULY-SEPT.

Bank Bills, on demand 23 7/18 Crediis, 60 days' sight 14 3/18

On Batavia:-

43 7/8

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

NEW YORK COTTON: Bombay Interests are reported to be buying July and October on straddles. Local spot houses are selling. CHICAGO WHEAT: Steady of reports of credits to Spain, the mar-

ket was, otherwise, quiet

NEW YORK STOCKS: Previous close, 130.83; Today's előse, 131.29;

Change up 90.

12-9/16

Market closed.

Amer. Can ummės

83)

McKesson, & Robbins, pid.

C. C. Roberta, Esq.,

13-1/4

American Cyanamid B.

341

Montgomery Ward

378

!

-12-1/8

Amer. & Foreign Power ...

11

M'tain City Copper Co.

J. K. Bousfeld, Eng.,

Amer. Foreign $7 pt. ...

141

National Aviation ......

101

A. H. Compton, Esq.,

Amer, Locomotive

150

Mak. Dairy Products

13+

I J. Davies, Esq.

Amer, Metals Co.

10*

National Distillers

Hon. Mr. S. H. Dodwell,

Amer, Radiator ..............

7

National Lead

178

G. Miskin, Esq.,

Amer. Rolling MUTI

15

Nat, Fower do Light

K. 8. Morrison, Esq.,

Amer. B'ting and Ring Co.

43+

National Supply Corp.

Amer, Sugar Redning

131

New York Central ....

137

Amer. Tel & Tel

169

Niagara, Hudson Power ...

31

Amer. Tobacco "B"

691

N. American Aviation

17)

On Saigon:-..

On demand.

Co Manila:--

Amer. Waterworka

· North American Co. s.

16]

On demand

đô Bangkok:

On demand

................ 101 3/4

46 7/8

NEW YORK COMMODITY MARKET

Anaconda Copper

28

|Northern Pacific.

Atchison, T. & 8. Fe

17

Owens-Illinois Gisss Co....

452

Amoy

Branches: Johors

HEAD OFFICE: LONDON:

38, Bishopsgata E.Q.3 ̧· Sub-Agenclm In Lendon: 117/199, Leadenhall street, Eca

West End Branch; :-

14/18, Cockapur Street, S.WI Manchester Branch:

Deputy Chairman. 52, Mosley Street, Manchester, 1.

Hon. Mr. T. E. Pester,

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

AGENCIES AND BRANCHES

AMRITSAN RANGEDE

BATAVIA

BOMBAY

CALOUTTA

MARKTE HONG KONG BANGOOS ILOILO

1900

RONNCIES: TO QLITE STEEP

FAIBLAN PLACE

Chief Manager CANTOR

CAWNPORE EINU

KUALA

LUMFUR

KUOHING MATYSTE

· ALOE STAR

PEKANG

(REUTER'S SERVICE)

Aviation Corp.

47

Pacific Gas & Elec

Bangkok

Kobe

...... 147 1/3

On Sterling Notes:-

Bank Buying Rate

Nom.

23

Bar Silver per on

Market Report

FROM ROZA BROS,

December 7, Silver prices rose 1/16 yesterday for both deliveries, the quotations being 23 for Ready and Forward. Silver advices reported the market * being steady but quiet. Ameri- can Bliver was quoted at 34,3/4 for Spot.

Dec. (New contract)... 10.23/23 January March May July October Spot

Total sales Friday:-62,500 bales.

NEW YORK RUBBER ·

The London-New York стов- mate was quoted at 4-1/2. New January York-London' was quoted at 403-March .1/8..

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

High .10.20

محيط

90+ 85

Chicago Corn, May

New York Hides, March

NEW YORK.COTTON

601 59 12.66 12.63

Prev. Today's Low Close Close Change 10.21 10.25 10.23 .02 of 20.35 20.45b 10 up

85+ 594 60 1260 12.84b .04 up

Baldwin Lecometive

164

Packard Motors

to

Batavin

Kowloon

Kangoon Baigon San

COLOMBO

MANILA

DELHI

MEDAN

SAIGON

KICKMEJOR

KARACHI XLANG

SHANGHAI

SINGAPORS

SITIAWAN

SOURIBATS

TAIPING

TIKITRIN

TOMDKAX

(lihaksi)

TINGTAO

Baltimore & Ohla ........

31

Pan-American Airways

18+

Bombay

Kuals

Francisco

Barber Asphalt Co.

10%

Paramount Pictures

Calcutta

Shanghai

HANKOW Lumpur

Barnsdal! Of

9

Canton

London

Pennsylvania R.R

221

Singapore

Chafoo

Lyons

Sourabaya.

1 up

Bendix Aviation

321

Philadelphia Rend. Coat

**

Colamix

Malacca

Sungei

1 up

Bethlehem Steel

87

Phillips Petroleum ·

401

Dairen

Manila

BUKA & Co...

144*

Public Service of NJ.

28+

Foochow

Musr

Swatow

Bucing Airplane. Oo,

181

92

Haiphong

(Johore) "Tientsin

Close

Opening 10.18/18

Closing

Change

Borg-Warner

201

Pure Of

Bankow

Mukden Tokya

.

10.18/18

.05 of

Briggs Mfg.

25.

Radio Corpn. of Am.

5

Harbin

' }

..... 10.15 N

10.09b/12a

10.11 N

...04 "off

Budd M'facturing. Corp.

S

Reading Company,

Com

184"

Iloilo

{

i

}......

10.25/27

10.21/21

10.23/23

.02 off

Canadian Pactic R'way

31.

Remington Arms Co., Inc.

"

k

10.19/18

10.14/15

10.17/17

.02 off

Case, JI

03

Republic Aviation Corp.

(

..) ...... 9.09/08

9.94/94

9.04/94 * *,05 of

Celanese

231

Republic Steel

221

9.41/41 10.23 N

9.36/36 9.401

2

10.18 N

*-possible mutilation

..01 off .05 ot

Chesapeake & Ohio

431

Revere Corp.

11

Chrysler Corpn."

77

Reynald Tobac,” “B”

33

Columbia Gray & Mea.

.4

Bafeway Stores

421

Commercial Credit Co.

31'

Schenley Distillers

10

Com, & Southern (Ord.)

13/14

Sears Roebuck

77}

Consolidated Edison

21

Shell Union 00

10+

20.55b 20.35/35

May

20.15/15

MARKET

Steady.

STERLING

July (New.contract) ... 29.03 N

Total sales-60 tons,

CHICAGO WHEAT

unquoted 20.70b

.15 up 20,31b/44a, 20,45b/52% .10 up 20.10b/202 20.23b/30h 10 up.. 19.85/85 20.06b/15a -.12 up

Consolidated 04'...

51

Bocgny-Vacunum Of

Continental Can Continental Oil

38

Southern Pacific

81

199

Southern Rly $5 pfd.

214

Copperweld steel Curtiss, Wright (C.)

19

Spicer Manufacturing Co

35

Standard Branda ......

61

Curtiss Wright '"A"

234

Stand Gas & Elec, ............................ 1

Deere & Co,

" 201

Standard. Oll of California

174

There were sellers at 1/3 Decem- ber, buyers at 1/2-1/33 for, Cash.

U. 8. DOLLARS

May

July

811/81

851/85# 81/61

861/861 82/82

Distillers Corpn. Seagrams

- 17**

Standard Of of NJ.

331

+ up

Douglas Aircraft

78

Stone Webster

71

כנן

H

Du Pont de Nemours

163

Studebaker Com

&

'buyers at 29.13/18 for Cash,

closed with sellers at 385, buyers at June 305.1/2,

to busineser was reported. There were sellers at 23.3/4 for Cash

SHANGHAI DOLLARS

Some business was arranged at ! NEW YORK HIDES 390 and also 386.3/4. "The market March

- Friday's sales:-10,201,000 bushela.

CHICAGO COEN

Eagle Picher Lead..........

10*

Swift International

17

Eaton Mig Co.

34

Technicolor

91

Elec. Autolite.....

· 351

Texas Corpn.

38+

May July

504/503 598/594 601/591 501/50%

80/80

-up

Elec Bond & Share

4

Texes Calf Sulphur

35+

801/001

i up

Elec, Bond & Share $5 pr.

573*

Timken-Axle

201

Elec Bond & Share $8 pf.

641

Trans-America Co..

小

Elec. Power & Light #7 pt.

31%

20th Cent. For

5t

12.80/60 12.40/40

12.60b/60% 12,64b 12.40b

10

.04 up

Flintkote. a.

149.

Union Bag & Paper Corp.134

1245/45

Gen. American Trans.

554

.06 up

Union Carbide

Carbon

THE CHASE BANK

71

Total sales for the day:-23 contracta,

Gen. Electric

3311

Qen Motors,

unquoted 4.03-1/2

Gen. Railway Bignal

Gen. Tire & Rubber Glidden Co.

with sellers at 3:25/32 for Spot.

Goodrich (BF) Goodrich 35 pt.......

Goodyear Tire & Co.

Great Northern Iron Ore

Great Northern Rly, pfd.

Great Western Bugar

Greyhound Corpn.

Hercules Powder Co

Homestake Mining

Int Nickel-

Inter Paper & Power Int. Tel, & Tel

LONGUN

Kennecott Copper ............. Lakey Foundry & Mac...m Libbey-Owens-Ford Glas Lockheed Aircraft

MHANGHAI MÁRKET

N.Y. Official Bülver 34-3/4

Sterling sellera for Spot at NY-London Cross Rate 4.03-1/3

3.51/04 at the opening, and closed

US Dollars opened with sellers st

6. Subsequently the rate receded

to. 5.51/52. and at the close. LONDON STOCK

for Spot were again quoted at 6.

Shanghai Exchange

Mangħa, DA ↑ (Reuter).

òficiki TT. Katas

Opening 4/2-12/18

New York

Japan

India

Hongkong

...... 8-3/4

24-3/8 20-3/839 ..... 24-1/2 Sterling..." Sellers

Opening

Closing

0/5-51/640/3-49/64 0/3-25/32 0/3-49704 0/3-25/33 0/3-49/64 US Dollars

Spot 2.

Dec. JALL

Spot

Dec...... 8.

Jan

5-91/32

Market:-Uncertain.

EXCHANGE

JAPAN HARD HIT BY IRON EMBARGO

TOXXO, Dec. 8 (Keuter)—ine Chairman, a Director and five auditors of one of Japan's largest bron-manufacturing concerns an- nounced their resignation yester~

"REUTER'S SERVICE)

London, Dec. 6. The following quotations are the middle prices at the close of the day. market in London. All quotations Reasons aven were the stran ite, sithjant to confirmation, and no ed international situation,” the responsibility is assumed for errors embargo on scrap fron exports by In transmission.

The Central Bank of China's rale en London at 10. a.m. today?

vas 1/2-1/24.

Honan Ely, 5%.....

The Ermalization rate was 211 Hukuang Hly 3%. 1911..

per cent.

India Bopee Paper

«German -Issue).

102-11/16

10

Australia and the United States and the embargo on pig-iron ex- ports by India, which made it im- Possible to carry ou

SILVER MARKET

BOMBAY SILVER Bombay, Dec. 7 (Reuter). MarketSteady. Offtake 100" bars,

Indian Mint Silver

Ready odazomerpart 61-00:

60-15 60-14

4040

DOW JONES AVERAGE

High Low Dow Jones Averages 152.80 111.84 30 Industrials

22.67 1215 90 Rails

Dec. 8, 130.23

27.57

Dec. 8, 1940.

High Low Close 131,43 130.48 131,29. 97.81 27.57 $7.80

Change

96 of .23 of

· Kaw' YORK, with Basourons al orig 1.8.$3,800,000,000.

NEW

28.40 18.03 90

90.90 82.00 40

64.07 48.47 11

Utilities"

Bonda Commodity Indext

2018 50.19 $0.05 30.14 01 off

90.18

50.39

90.22 .04 off 54.47

:03 off

Business Done:—400,000"shareS

D. M. BIGGAB,

Second Fish. Pria,

A Job?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

$6-31/32 5-31/32

Was Loan, 34% (Rad,

after 1942) Defence Loan, 3%

103 Janton-Kloon Rly. 5% 12 Chinese 41% Gold Luan

1806 (Brit, suo)....... Chin. 44% Anglo-French

Loan, 1908- Jhinese 5 Crise Loan.

381

41-48

5-51/16-

1913.*** Chinese 5%*Rearg, Loan.

20

„1813 (Láž. IS)

31

Silver Duty Este

Thinese 8% Ster. Notes.

1925 (VickeXB)

Dec, 27 Settlement

10

Chin. Imperial Rly. 4%

Jan, 22 Settlement Jan.

Loan...

18

(LP. N/Y Issue) ......

Chosen Corporation

.4} ~

Hukuang Rly. 5%, 1911

Mercantile Bank of In-

13

dia, £5, “G

101

TO

Lang Tsing"&" U Hal

Pekin Syndicate.....

2/-

Bombay, Dec. 7 (Reuter), Govt. 91% Rapes, 94-0-0.

Ry. 5% 1913

14

B'bal Elec. Constr. Co...v.....

15/-

| S'hai-N'King Rly. 5% ... 15

Tientsin-Pukow #ly. 5%

| B'hai' Waterworks „“A”

Unton Insurance

131 20

(Brit. Stpd.) mai Fientsin-Pakow. Aly. 3% (German Etpd) ......... Tientsin-Pukow] Rly." 5%

(Brit. 8tpd. Supl. Loan) 15 Tientsin-Pukow Rly, 5%

(Ger. Stpd. Supl. Lown). 15

15

| Lớn, Midi & Beot, Ply, 141

15

Great Western Rly...... National Bank of India 301

B.-A. Tob Thearer)

83/9

Dunlop Rubber

31/41

Bristol Aeroplane"

9/10

31

Emperial Chemical Ind

28/3

and cargo ate landed

EXCHANGE

Ger, 7% Intl. Loan, 1924

0.

United Steel snamä

21

Chartered Bank

Woolworths

53/9

London, Dec. 8 (Router)

Tandard. Cash,

Middle

Price. 2257-1/6-

Tin, Standard, 3 aths, Midals

HK. & Shal Bank (Län

·Reg H.K.& 8bal Bank (Cal.

Bog) Chinese Eng. & "Mining

(bearer)

Marsmat Investments.

10

75

Western Holdinga Sub-Nigel

9/0

y

162/6

78

thell Trans, &Trad

(bearer}

83/9

16/3

bid.

Calcons Exchange

Calcutta, Dec. 7. (Reuter). T2, on Japan. 81-1/4.

LONDON METALS. 8% Ster: Loan, 1924

Price, £258-7/B][

--Market quiet..

Oula Kalumpang Rubber 15/7/

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

BANDAKAN

HAIPHONG.

All steamers berth alongside the Roosevelt Terminal fo the French Concession st

Shanghai, where passengera

For further partiumlara :

please apply to

JARDINE MATHESON& Co.Lrm. TELEPHONE SOSIL GENERAL MANAGERS

Every description of Banking and Ezchange business transacted. LoaZE granted on approved securities.

Current Accounts opened in Lona). Currency kid Fixed Deposita re- ceived for ons 'FEAT OF" shorter periods in Local and Foreign Cur-. ronales on terms which will be quoted on application.

SAT EXPONIT BOXES TO LAY...

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AÐ AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00 (Branches Aiz Over China) Owing to our numerous Branches in China" and, amnectioni în "the principal Commercial Centres of che World, we are able to extand" So our Clients special facilities for Domestic and Foreign Banking sad Exchange.

Bead Office-BHANGHAI Hong Kong Branch:

4. QUEEN'S ROAD, C.

South China Oploca---

UANTON

KONGMOON [SWATOW

TOISHAN SHIUCHOW KINGCHOW

We also handle the issue of Bonda and other Publio Funds of the Chiness Government both as Home

and Abroad,

SHOU CHEN

[anager

Union Pacific.

781

491

18, QUEEN'S BOAD, CENTRAI

| United' Airoraft

421

151

United Airlines Trans ......

151

HEAD "OFFICK;

124

united Corpn.

11

137

United Corpn. $3 cum pt.

231

NEW TORE

Li

131

United Gas Cotpa, sanaci

15/18

621

Daited Gas Improvement 10

171

UB. Endustrual Alcohol.

211

16

U.B. Rubber

24

Patani

New York Taingtao

Yokohama Peiping

[poh.. Penang

CURRENT ACCOUNT opened in LOCAL CURRENCY and Fixu Deposits received for one year or shorter

KRW YORK PHIFING

(Peking)

FOREIGN EXCHANɑs and General ...: Banking Business 'transacted.

ORBENT Ácc0vzas eposed and Fix Darosira received for One Year or shorter periods in Losal or Other Currencies at: rates which will be quoted on application.

Savings AccouXis also opened it Local Currency and Sterling with interest allowed at rates obtainabk on application.

The Bank's Head Office in London

periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, co quoted on application.

Also up to date SATS DEPOSIT terms, which may be ascertained a spy of the Agencies and Branchen. Boxes in various sizes To LET

R. A. CAMIDGE, Hong Kong, 30th November, 1940.

Manager.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG

BHANGHAI BANKING COR PORATION, Bales may be obtain ed on application, t

For the HosOKONG & SHAKOMAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. 25th Feb., 1908.

16, PINE STREET,

An American Bank offering.com plete Foreign Banking BarrÑOS in the principal Markets of th world.

BANK OF EAST-ASIA

AMITTED

Authorised Capital.....$10,000,000.00 Paid-Up Capital 6,598,800.00 Rostrva, and Undivided

Pornta

..2,033,161.00

Heid Duca HỒNG KONG No. 10. Des Voeux Road, Central

Board of Directors:

Bin Snovsor Oxow, Chairman Lá Koun Chun Baga Li Lan Bear Bag P. K. Kwok, A.

Wong Dim Sony

Wong Tu Tong, Eng, Fang Ping Wak KUI, Chan Ching Shck, B

KA Toxa Po, Pia, Chef Manager

Tst Fóna, Eas, Manager

Branches and Agencies:- -

HAIPHONG

TOKOHANS

HAMBURG

261

US. Rubber 13 pid

B8+

Interest Rates on Application.

201

US. Smelting

681

SAFE DEPOSIT BOXES

111

UB: Steel

8911

HANMORE Hankow Resoluta

cime

New York

70%+

Vanadiuza

337

Vultes Aircraft

This Bank is entirely owned--b-

Tes CHISE NATIONAL

234

Walworth Co.,

51

167

Warner Bros. Pict.......

31

Westinghouse Elec.

1031

341

Woodward Iron Cor

32)

431* 30+

Chase National Bank National City Bank

321*

27