Hon. Mr. A. L. Shielda, Sir Vandeleur M. Graybars,
Chief Manager,
Rangoon Saigon
38, Risbopagate E.0.2
Sub-Agencles In `London:
117/182, Leadenhall Street, ECL West End- Branch:
14/16, Čockspur, Street, - 8. Wi
Manchester Aranch; - 52, Mosley Street, Manchester, .1.
AGENCIES AND BRANCHES.
*MARBIN
HONG KONG
LOLLA 110H
ALOR STAH AMRITSAR BANGKOK BATATKA
BOMBAY
BAL-BUTTA
KARACHI SLANG AGENCIES: KON
CLAVI STREET FAIKIN PLACE CANTON CAWNPORI C4T
COLOMBO DELAI HAIPHONG
Francisco HAMBURO
siphong (Johore) Tientsin
Mukden Tokyo
New York Tsingtao Peiping Yokohama T'euang
"
CURRENT ACCOUNTS opened in LOCAL CUIRExcy and Fixed Deposits "eceived for one year or shorter
HANKOW
KENANG
MANGOON
JAIGOS
ARREMBAN
SHANGHAI
BINGAPORT
BITZAWAN
BOURAMATI
LUMPUR
TAIPING
KUCHING
TIBETAIN
MADZANI
KUALA
MANILA
· MILDAN NEW YORK PRIPISA
(Peking)
TONGKAN
(Bhuken)
SINGTIB
YOKOHAMA
FOREIGN EXCHANGE sad Gear Banking Business transacted.
CURRENT AC opened and FIXED DEPOSua received for One Year or shorter periods in Loan or Other Currencies at rates which will be quoted on application.
-BAVINGS ACCOUNT also opened in Local Currency and Sterling, with interest allowed at riter obtainabla on application.
The Bank's Head Office in London'
periods in Local and other Cur-jundertakes Executor and Trustee on terms which will be business, and claims recovery of British Income Tax overpaid, on quoted on application.
Previous
Dec. 7
JAN-MARCH APRIL-JUNE
Close Opening Closing · buyers buyers 38-3/4 33-1/2 38-5/8 37-3/4 37-1/2 97-7/8 36-1/2 38-1/4 38-5/8
Change
off 1/8
E
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
DECEMBER 9,"1940, -
On London:
Telegraphic Transfer, in 7/4 Bank Bills, on demand 1/2 7/2 Credits 4 months' sight
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)'
NEW YORK, December 7, 1940:
SINGAPORE BUBBER
ЯРОТ
4
1/8 קנן
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
DECEMBER 4, 1940.
TUESDAY, DECEMBER 10, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital........ $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 1868
Reserve Fande:
Paid-Up Capital .....................£6,500,000 Reserve Fund ....
H.K. Currency Reserve $10,000,000 Reservs Liability of Pro- Reserve Liability of
£3,000,000
£3,000,00
prietdra
£3,000,000
HEAD OFFICE: LONDON)
Sterling
Last Sale
STOCKS
·Proprietors.............
$20,000,000
Last Sale
On Shanghai:--
On demand
340
The market was steady. LONDON RUBBER
Dec. 7
...Dec. 7
Head Office:-HONG KONG
On Singapore:~~~
buyers
Previous close Today's close
buyers
Adama Expresi. ·****
Loew's Inc.
301
Change
Alleghany Steel Ca
231
Loft Incorperated.
194
On demand.
69° 3/1
SPOT
11-7/8
Allis Chalmers \....
344
Mack Truck Inc.
281
Board of Directors; Hoo. Mr. JJ. Paterson,
On Japan:-
JANUARY
12-1/18
Aluminium Ltd.
72°
Martin, Glen L. ........
32
On demand
FEBRUARY
12-8/18
Market closed.
Amer. Can
881
McKesson & Robbins, pfd. 25*
On "India :-
Transfer.
782.1/2
APRIL-JUNE JULY-SEPT.
On Batavin:-
り
On demand ............. 101 3/1
NEW YORK
Telegraphic
and demand
On New York:-
Bank Bills, on demand 23 7/15 Credlis, 80 days* sight 24 3/18
On demand
On Paris:-
-43 7/8
Bank Bills, on demand Nom.
.. Credits 4 nionths' sight Nom.
On Saigon-
On Manila:-
| NEW YORK COTTON; Bombay Interests are reported to be buying
July and October on straddles. Local spot houses are selling. CHICAGO WHEAT; Steady on reports of credits to Spain, the mar-
ket was, otherwise, quiet.
NEW YORK STOCKS: Previous close, 130.33; Today's close, 131.29;
Change up 96.
12-1/4 12-1/8
American Cyanamid B.
341
Montgomery Ward
37
Chairman. C. C. Roberts, Esq., ⠀⠀
Deputy Chairman.
Amer. & Foreign Power
1
M'tain. City Copper Co.
31
uner & Foreign $7.pf.
14
National Aviation
102
Amer. Locomotive
15+
Nat. Dairy Products..........
134
J. K. Bousfeld, Esq., A., H. Compton, Esq., LJ. Davies, Esq.,
Amer, Metals ·Co.
19"
National Distillers............
234
Hon. Mr. 8. H. Dodwell,
Amer, Radiator
7.
National Lead ...................................
171
G. Miskin, Esq.,
Amer. Rolling Mill
15
Nat, Fower & Light
7.
K. B. Morrison, Esq.,
Amer, Sting and R1⁄4ng Co. "43}
National Supply Corp.
Hon. Mr. T. E. Pearce,
Amer. Sugar Refining
13
New York Cential
137
Amer, Tel & Tel.
189
Niagara Hudson Power...
31
Amer, Tobacco "B".
69
N. American Aviation
171
On demand............. 48 7/8
COMMODITY MARKET
(REUTER'S SERVICE)
Amer. Waterworks ......
6
North American Co.
184
Anaconda Copper
28
Northern Pacific
.61
Branchen:
Atchison, T. & 8. Ft.
17
Owens-Illinois Glass Co.
451
Amoy
Jobore
Aviation Corp.
42
Pacific Gas Exec
273
Gangkok
Kobe
On Bangkok-
On, demand...
147,
On Sterling Note:-
Bank Buying Rate
Bar Silver per os
Nom.
£3
New York Catton, March.... New York Rubber, March Chicago Wheat, May
***** 10.36
Bigh Low 10.21
C
10
and Forward.
was unquoted.
American Silver
May July October Spot
(..)
(..)
1/2.
MARKET.
Steady.
STERLING
January March May
-U. 8. DOLLARS Bome business was
• Total sales:-50 tons.
CHICAGO WHEAT
Market Report
FROM ROZA BROS;
Chicago Com, May.............................. New York Hides, March ...
NEW YORK COTTON
Dec, (New contract) Monday, Dec. 9. Silver prices were unchanged January over the week-end, the quotations March
remaining at 23 for bath Ready
The London-New York Cross- rate was quoted at 402-1/2. New
12.85 12.63.12.80 13.64b .04 up
Total sales Friday:-82,500 bales.
York-London was quoted at 403-NEW YORK RUBBER
There were sellers at 1/3 Decem-July (New contract) ... 19.93 N ber, buyers.at. 1/3.-1/32 for Cash.
109
861 85" 591
854
681
691
*60
Prev. Today's
Close Close Change 10,25 10.23 .02 off 20.35 20.48b 10. up i up up
Baldwin Lecometive
161
Packard Motors
16
Batavia
Koylead San
Baltimore & Oplo
31
Pan-American Airways
101
Bombay
Kuala
Barber Asphalt, Co.
10
Paramount Pictures
Calcutia
Lampur Shanghai
Barnsdali On
9
Canton
London
Pennsylvania KR.
Singapore
Bendix Aviation
321
Obetoo
Philadelphia Read, Coal
Lyons Sourabaya
Colombo
Malacca
Bethlehem Steel
Sungei
87
Phillips Petroleum
401
Dairen.
Manila
Patan!
Bliss St.Co.
143"
Public Service of NJ,
281
Foochow
Muaz
Swatow
Boeing Airplane Co.
151
Pullman FDC......................
26
:
Close
10.23/23
Opening
10.18/18
Closing
Change
Borg-Wamer ...........
201
Fure Of
81
Rankow
10.18/18
.95 off
Briggs Mig.
25
Radio Corpn. of Am,
5
Harbin
10.15 N 10.25/27
10.09b/12a
10.21/21
10.11 N 10.23/23
.04 00
Budd M'soturing Corp.
5
Reading Company.
Com
*loilo
131*
02 off
Canadian Paciic R'way ...
31
Remington Armis Co, Inc.
B⭑
[pob
( ). 10.19/19
10.14/15
10.17/17. .02 off
Case, JI..............
63"
Republic Aviation Corp.
...... 9.99/99
9,94/94
9.94/94
.05 of
Celanese
231
Republic Steel
221
9.41/41
9.36/38
9.40n
.01 of
Chesapeake & Ohio
43
Revere Corp.
111
10.23 N
10.18 N
-possible mutilation
.05 off
Chrysler Corpn.
77
Reynold Tobac. "B"
33
Columbia Cans & Elec.
41
Bateway Stores
42)
zencies
Commercial Credit Co.
31
Schenley Distillers
10
Com, & Southern (Ord.) ...
13/16
Sears Roebuck
771
Consolidated Edison
214
Shell Union Oil
103
20.551 ........ 20.35/35 20.15/15
unquoted 20.70b
.15 up
Consolidated Oil
51
Socony-Vacunum Onl
20.31b/448
20.106/20à
19.85/85
20.45b/52a 20,25b/30 20.056/158
10 up
Continental Can
301
Southern Pactác
81
עט. 10.
Continental On
191
Southern Fly $5 pfd.........
214
.12 up
Copperweld Steel
10
Spiser Manufacturing Cá
35
Curtiss Wright (C.)
睡
Standard Brands
B4
Curtiss Wright "A"
281
Stand Gas & Elec.......
1
done at May.. 85/85). 23.3/4 January and probably Cash July
Deere & Co.. ......
201
**** 81/81
854/852 81/81
Standard "Off of California "173
884/801 82/82
up
Distillers Corpn. Seagrams
171"
Standard Of of NJ
334
up
*Douglas Aircraft
78
Stone & Webster
The market closed with sellers at
Friday's sales:-10,901,000 bushels.
Du Pont de Nemours
163
Studebaker Oom
23.11/16 Cash and a small buyer CHICAGO CORN at 23.3/4 for Cash.
Eagle Picher Lead
Swift International.
17
May
Eaton Mig. Ci
34
Technicolor
691/591
rates.
SHANGHAI DOLLARS Business was arranged at various
The market closed with NEW YORK HIDES
594/591
July
601/591
697/597
60/60 601/601
up
Elec, Autolite
357
Texas Corpo.
I up
Elec Bond & Share
4.
Texes Gulf Sulphur
354
Elec. Bond & Share $5 pt.
571*
"Timken-Axle
-sellers at 396.3/4, buyers at 397.1/4. March
SHANGHAI MARKET
12.60/60
·Flee Bond & Share $6 pt.
641
June
12.40/40
12,80b/89a 12.40b
Trans-America Co.
12.64b 12.45/45
.04 up
Elec. Power & Light $7 pf.
31†
20th Cent. FOX, '.........
51
.06 up
Σπαντι
5-3/4
24-3/8
20-3/8 N 24-1/2
Sterling
Rellers
Sterling at: 3.49/64 and U. B. Dollars at 5.31/32, both sellers for Bpot.
AFTERNOON MARKET The market was quiet in the
afternoon.
STERLING
There were sellera at 1/3 De.. cember, buyers at 1/2.1/32 Cash,
"
JU, 8. DOLLARS
Bollers at 23.11/16 for Cash,
buyers at 23.3/4 for Cash,
SHANGHAI DOLLARS
Bellers at 306.3/4...
SHANGHAI MARKET
Sterling at 3.49/64 and U. 8. Dollars at 5.15/16, both sellers for Spot.
Shanghai Exchange
Shanghai, Dec. 9 (Reuter).
Omcla! FT. Estes
New York
Japan
India Hongkong
Opening 0/3-21 18
Total sales for the day:-23 contracta N.Y. Official Silver 34-3/4
NY-London Cross Rate 403-1/2
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Dec. 6. The following quotations are the.
middle prices at the close of the HK. Banks market in London. All quotations
are subject to confirmation and no China Providents responsibility is assumed for errors in transmission.
War Loan, 3 (Red,
after 1952)
Plintkote
164
Union Bag & Paper Corp.
137
Gen. American Trans.
55+
Union Carbide & Carbon
71
unquoted 4.03-1/2
Gen. Electric
331
Union Pacific .....
782
Gen. MotorsS· Perpisaha
491
United Aircraft
421
Gen. Railway Signal
154
United Airlines Trans ......
157
Gen. Tire & Rubber
122
United Corpn.
11
HONGKONG
SHAREBROKERS
Glidden Co... Gondrich (B.F.)
131
United Corp. $3 cum pí." 284
131
United Gas Corpn.
15/16
· ASSOCIATION Great Northern Iron Ore
Goodrich $5 pf. ..........a. Goodyear Tire & Co.
B21
Valted" Gas Improvement : 10
171
9. Industrual Alcohol
214
16
US. Rubber
24
Volume of Business Transacted on Monday, Dec. 9, 1940.
Great Northern Rly, pfd.
201
US. Rubber $8 pfd.
+99
Great Western Bugar.....
204
US, Smelting
Greyhound Corpn.
111
US Steel
894+
SALES
Hercules Powder Co
70*
Vanadium
337
"
10 $1,340.00
Honestake Mining
513
Valtee Aircraft
8*
10 1,337.50
Int Nickel
231
Walworth" "Co.“
51.
500
5,50
Inter, Paper, & Power
167
Warner Bros. Pict.
31
500
5,55
Int. Tel. & Tel. .....
13
Westinghouse. Bec,
1034
over U.S.82,900,000,000.
Lights (0) C.D.
2,500
Kerrecott Copper
342
7.30
Woodward Iron Cor.
321
Lights (N) C.D.. HK. Docks (0)
200
7:05
Laker Foundry & Mac.
31
Libbey-Owens-Ford
Olan 432
200
18.00
Chase National Bank National City Bank
•321* 27*
102-11/16 Defence Loan, 3%.
.102 Janton-Kloon Ry. 5% 12 Chinese 41% Gold Loan
1898 (Brit. Issue
Lockheed Aircraft
30%
100 17.95
HK. Electrics (0)
300 40.00
100 39.75
HK. Realties
500
3.75
381
THE
600
3.80
bin. 44% Anglo-French
Loan. 1908
DOW JONES AVERAGE
High Low Dow Jones Averages
***** Dec. 8, 1940.
Dec. 8,
500
3,80
41-48
15250 111.84 30 Industrials
130.33
+
HK. Telephones (i
300-
25.25
2267 22.15 20
Rails
27.57
100
25.30
28:40 18.03 20.
Utilities
2016
20
Dec,
Jan.
Spot
Dec.
ཐཚ ཐ་ཆད
HK. Telephones (N)
600
10.25
90.80 83.06 40 Bonda
90.13
* 50
.10.20
84.07 48.47 11 Commodity Index): 56,39
31.j
AS. Watsons
300
. 10,53
200
10.55
R.K. Tramways Union Ins
100
23
395.00
7,593
Opening Closing
Spot....0/3-48/64 0/3-49/64.
0/3-49/64 0/3-49/64 0/3-40/64 0/3-9/4
11.5. Dollars
$6-31/32 $5-15/16 5-91/32 ·5-15/18
Jan 5-91/32 5-16/1
Market:-Quiet
Silver Duty Rate: Tan Central Bank of China's rate on London at 10 am today was 1/2-1/2d.
The Equalleation rate was 214
per cent.
What do
you
want?
If there is anything you want to buy, or seli. try:
smali
â
Classized advertise. ment in the Hong- kong Daily Press.
25 words $1.50 prepaid
for 3 insertions.
Chinese 5% Crisp Loan.
1912
Chinese 5% Reorg, Loan.
1913 (Ldn. 15). Chinese 8% Ster. Notes,
1926 (Vickers) nin. Imperial Rig. 5%
Logz Honan Rly. 3% Hukning Rly 5%, 1911..
L.P. N/Y, Iksue) Buruang Rly. 5%, 1911
(German Issue) Lung Teing & U Hal
Fly 5% 1913- 8′hal-N'King Rly. 5% Tientsin-Pukow Rly. 5%
(Brit. 8tpd.) · Tientsin-Pukow Rly 6%
(German Stpd.) "antain-Pukow Rly: 4%
(Brit. Stpd. Supi. -Loan),
.47
17.45
*Sale on Saturday, the 7th fast.
The total value is $111,075.00.
15
Pekin Syndicate
Tientsin-Pukow Rly. 5 3
རྒྱུུང་བ་ཟབྲམ༞ བ ན བ ོང་ན་ཡོ
(Ger. Stpd. Supl, Loan)" 15 tap. 8% Ster, Loan.-1924" 31 Jer 7% Intl, Loan, 1924 8
hartered Bank
K&S'hal Bank (Lan..
IK. & Bhai Bánk (Col.
Eeg)
Chinese Eng.
Cbearer/
High Low Close
131.43 130.48 131.28
Change
.98 off
27.8) 27.67 27,80 - ',23 of 20.19 20.05 - 20.14 OI off .90.39.04 off 59,47 3.08 off Business Dones-400,000 shares
Also up to date Sare DEPOSIT terms which may be ascertained at Boxes in various aires To La
any of the Agencies and Branches. Hong Kong; 30th November, 1940.
B. A. CAMIÐGE,
HONGKONG SAVINGS
BANK
The Business of the above Bauk s conducted by the HONGKONG
SHANGHAI BANKING COR PORATION. Rules may be obtain-
on application: For the HONGKONG & SHANGHAI
BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb.. 1939.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com
plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE,
New York, with Resources of
D. M. BIGGAR,
Manager.
BANK OF EAST ASIA, LIMMITED
Authorised Capital.....$10,000,000.00 Paid-Up Capital 5,898,000.00 Beserve and Undivided
Porats
Head Omen:—BONG KONG No. 10 Des Voeur Road, Central:
Board of Directors:
| Li Koon Chun, Eng.
SIR SHOPSON Osów, Chairman Li Lea Bang, Ex. P. K. Kwok, Zaq, Hong Dan Song Đang Wong Tun Tung, Esq. Fung Ping Wah Esq. Chan Ching Shok, Esq.
KAN TONG Po, Esq., Chief Manager LI Tea Fond, Esq., Manager
Amey
Chlearia
Branches and Agencica:--
Karious Penang Singapore Loudon Rangoon Sonesòsys
Balgon Bwatow Melbourne Bay Yeah. Sydney Magumica
Manita
Haiphong BARLOW
Housleie
Sale
New York Saattig
Paris
Palying
couver
place matin
Bemarang Smaaghal
Every description of Banking änd
Exchange business transacted. Losar granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re Second Vice Presseived for one year or shorter
periods in Local and Foreign Cur rencies on terms "which" will be
ucted on application.
A Job?
ADS
A WANT
INDO-CHINA
STEAM NAVIGATION COMPANY. LTD.
Operating Services for Cargo and Passengers
TO
2/
8'bal Elec. Constr. Co., ... 15/- S'hal Waterworks “A”. 13) Union Insurance
20
Gula Kalumpong Rubber 15/71 Lan, Mid, & Scot., Rly. 141 Great Western Rly. 333 National Bank of India 301 B-A, Tob (bearer)
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN -
KOBE and OBÁKA
SINGAPORE PENANG and CALCUTTA SANDAKAK
CHAIPHONG.
All steamers borth alongside. the Roosevelt Terminal in the French Concession at'; Shanghai, where passengers and cargo are landed."
83/9
Dunlop Rubber
31/41
Bristol Aeroplane
9/101
Imperial Chemical Ind: 28/3′
United Steel) 2.
21
Woolworths
78
Maramaz Investments
Mining
.16/3
Western Holdings . Sub-Nigel
53/9. 7/6 9/6
For further particulara
please 'apply tod
182/6
shell Trans & Trad
bearet)
33/9
101
bid."
hosen Corporation.............. Mercantile Bank of In-
dia, 25, "G%
JARDINE MATHESON&Co.,LTD. TELEPHONE. SOSII. GENERAL MANAGERS.
SAYE LEPOSIT BOXES TO LET.
KAN TONG PO.
Ohief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT. OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000,00 (BRANCHER -ALL ÖVER CHINA) Owing to our numerous Branches in China and connections in the principal · Commercial Centres of the World, we are able to extend so our Clients special facilities for Domestic and Foreign Banking and Exchange
Head Office: SHANGHAI
Hong Kong Branch.
4 QUEEN'S ROAD, 0. South China Offcriz
'UANTON
SWATOW SHIDOHOW
KONGMOON TUISHAN
KINGCHOW. We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home Vad, Abríad
SHOUT CHEN,
Manager:
No comments yet.
Private notes are available after approval.