buyers
buyers
Change
Alleghany Steel Co.
11-7/8
11-15/18
up 1/16
Allis Chalmers
12
12-1/16
up 1/16
Aluminium Ltd:
12-3/16
12-3/15
unch
Amer, Can
12-1/4
13-1/4
Ling
12-1/8
12-1/8
American-Cyanami B Amer. Foreign Power
Amen & Foreign. S† pË. Amer. Locomotive in Anger. Metals CO. ül a Amer, Radiabar ................ Amet. Railmg Ma
Amer. Sung and R'mig Oo
Amer. Bugar Refining
Amer. Tel & TEL....
Amer, Waterworks
On demand. 101 1/2
NEW YORK
Anaconda Copper
Atchison, T. & 8. Ft....
On Manila:
On demand.
46-3/4
Aviation Corp.
Baldwin Lecomotive indi
On Bangkok:-
On demand
...... 147 1/3
On Sterling Notes:-
Bar Silver per os.
ed at 34.574 for Epok
Bank Buying Rate... Nom.
Market Repor
FROM ROZA BROS.
December 11.
Bliver prices rose 3/16 yesterday March for both deliveries, the quotations May being 23.1/18 for Ready and 23 for Joly Forward. Silver advices reported October a small business. The market was steady, American Silver was quot-
The London New York CrOSS-NEW YORK RUBBER rate was quoted at 4021/2 New
York-London was quoted at 403-January
23 1/16"
*F
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides, March NEW YORK COTTON
Dec. (New contract) January
High Low Close Close Change 10.22 10.20 .02 OR .10.24 10.20 20.55 20.52 20,55b 20.65 unch.
851 B61
88 SEL I up 01 592- 600 604 up 12.84 12,47 12.04b 12.62b 12 off
Baltimore & Ohio
Barber Asphalt Co.
Barnsdall 011
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
EXCHANGE NEW YORK, Dec. 10, 1940,
CLOSING QUOTATIONS
DECEMBER 11, 1349.
On London—
Telegraphic Transfer. 19 7/x Bank Bills, on demand 1/8 7/3 Credits 4 months' sight On Shanghai:-
On demand”.
On Singapore :-----
On demand
On Japan:
· 380
59 3/4
On demand ............ 101 On India:-
Telegraphic Transfer.
#JB2 1/9
and demand On New York:-
8 8 8 8 8 8 5 5 8 8 8
Bank Bills, on demand 13 3/8 Credita, 60 days" sight 24-1/8
...... 43 3/4
On Batavia:--
On demand Un Paris:
Bank Bills, on demand Som, Credits 4 months' sight Now. On Saigon:-
SINGAPORE RUBBER
SPOT JAN-MARCH APRIL-JUNE
!!
The market waa quiet, LONDON RUBBER
8 POT JANUARY
FEBRUARY
APRIL-JUNE
JULY-SEPT.
Previoua Dec. 10 Close Opening Closing buyers buyers 38-7/8 39 ct...
1
Change
39 cts.
up 1/8
38-1/8 36-7/8
38-1/4 37
38-1/4 377
1 1/8
Previous close Today's close
The market was quiet but steady
no 1/8
NEW YORK COTTON: Because of the lifting influence of the loan. any decline would be moderate and temporary. We would main- tain long position.
CHICAGO WHEAT: Featurelem but short side unattractive. NEW YORK STOCKS: Previous close, 131.46; Today's close, 131.37;
Change, of .09.
COMMODITY, MARKET (REUTER'S SERVICE)
Prev...Today's
NEW YORK STOCK EXCHANGE
STOCES
Adams Express
Amst. Tobacch:"8"
QUOTATION
(REUTER'S SERVICE)
DECEMBER 11, 1940, «
+
THURSDAY, DECEMBER 12, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital............... 850,000,000 Issued & Fully Paid Up 90,000,000
Reserve Funds:
Starling £6,500,000 E,K. Currency Reserve $10,000,000 Reserve Liability of Proprietors sinc
www.
$30,000,000
Hon. Mr. T. B. Pearce,
INDIA, AUSTRALIA
AND CHINA · corporated by Royal Charter, 1839 Paid-Up Capital ...... £3,000,000 Reserve Fund
£3,000,001 Reserve Liability of Pro-
prietors
£3,000,
HEAD OFFICE: LONDON: 28. Bishopsgate B.0.3.
Sun-Agencies In London: 117/19%, Leadenhall Street, E.C.3 West End Branch: 14/16, Cockapar Street, S.W 1 Manchester Branch; 12, Mosley Street, Manchester,
ALOR STAR
AGENCIES AND BRANCHES.
HAREIN
PEMANU BONG KONG. RANGOON MUILA BLIGON. ПРОД
AMRITRAM BANGKOK
BATAVIA
BOMBAY
KARACHI KLANG
BIRANOHAN
BINGAPORE
SITIAWAN
SOURABAYA
TAIPING
Bir Yandeleur B. Grayburn,
Chief Manager.
VALOISTER
AGENCIES | FOR CLIVE STREET KUALA FAIRLIK PLATE
CANTON
CAWNPORE
LUMPUR
*baik
MADEAR
MANILA
KENTELE TONGKAR
(Bhuket).
MINAN
SHIROYAL
Last Sale
STOCKE
Dec. 10
Last Sale Dec. 10.
Head Office:-HONG KONG
01
Loew's Ine.......
301
231
· Loft Incorperated
20
34
Mack Truck Inc.
281
71
Martin, Glen E, .....................................
33
BT
McKesson & Robbins, pfd.
26
351
Montgomery Ward
971
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman. CO. Roberts, Esq.
Deputy Chairinan.
M'tain City Copper Com
37°
J. K. Rousfield, Esq.,..
141
National Aviation
10
A. H. Compton, Esq.,
151
Nat Dairy Producta
131
L. J. Davies, Esq.,,
191
National Distillers
234
Lon. Mr. 8. H. Lbdwell,
01
National Lead .....
178
. Miskin. Esq.,
104
Nat Fower & Light
7
E. 8. Morrison, Ext.
45
National Supply Corp. 124. GE
131
New York Centimi
Hon. Mr. A. L. Shields,
154
1704
Niagara Hudson Power
9
69
N. American Aviation
17
North American Co. .......
164
27+
Branobis:
Northern Pacific
161
Owens-Illinois Glass Do. ....
Aeroy
+1
Bendix Aviation
Bethlehem Stool
Bliss & Co.
Clase
10.18/18
Opening
Closing Change
Boeing Airplate Co.
Borg-Warner ......
10.17/17
10.16/17-
.0% of
Briggs Mfg.
10.11 N
10.08b/10
10.07/07
.0% off
Budd M'facturing Corp.
{
>
10.22/23
10.23/22
10.20/20
.02 off
Canadian Pacifio R'way
,
10.14/15
10.14/14
10.11/11
.03 off
Case, JI
}
9.97/97
9.97/9T
9.94 N
. .03 off
Csaber...
9.39/59
* 9.39/41
9.38 N
01 off
Chesapeake & Ohio
Spot
10.18 N
10.17 N
01 off
Chrysler Corpn.
1
Total sales Monday:-81,000 bales.
Columbia' Gas & Elec. ....
Commercial Credit Co.
Com. & Southern (Ord.)
1/2.
Dull.
A
MARKET
March May...
20.55 B
............ 20.35/35
Total sales:-60 tona.
CHICAGO WHEAT
May July
Some business
Was arranged
NEW YORK HIDES
March June
New York
Japan
#
War Loan -33% (Red,
after 1952)
Defence Loan, 3%
Janton-K'loon RIS, 5%
Dec.
Jan
Spot
Dec.
Chinese 41% Gold Iwan
1898 (Brit. Issue
in 41% Anglo-French Loan, 1908
hinese 5 Crisp Loan.
1012
Chinese 5 Reorg, Loan
STERLING
There were bellets at 1/3 Decem- ber-January, buyers at 1/3-1/32 Casti.
TLS, DOLLARS
Sellers at 23.5/8, buyers' at 23.-
.11/15 for Cash.
SHANGHAI DOLLARS
July (New contract)... 20.15 B
early in the morning at 397.1/2 Bay The market closed with seller at July 397,1/2, buyers at 398.
SHANGHAI MARKET Sterling opened with sellers at 3.49/64. Bubsequently the rate rose to 3.25/32. Last advices in- dicated sellers at 3.49/64 for Spot. U.S. Dollars sellers were quoted at the opening at 6.15/18 for Spot and later the rate rose to 5.31/32. Last advices indicated sellers at "5.15/18 for Spot.
Shanghai Exchange
Shanghai, Dec. 11. (Reuter),
Official T.T. Bates
Lotiun
India Hongkong
Spot
-Jan.
Steritag
Opening
0/3-11 16 5-3/4 24-3/8 20-3/8 N .... 24-1/2
Sellers
Closing
Opening 0/3-25/32 0/3-49/64 0/3-25/32 0/3-49/64 0/3-49/64 0/3-3/4
US. Dollars
$5-31/32 $5-15/16 5-15/18 5-31/32 5-15/16 6-15/16
Market:-Quiet."
Silver Duty Rate
The Central Bank of China's
#rate on London at 10 am. today
"
was 1/2-124.
Total males for the day:-94 contracts.
$4-3/8 N.Y. Official Sliver NY-Londen Cross Rate 403-1/2
LONDON STOCK EXCHANGE
[REUTER'S SERVICE)'
London, Dec, 10. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors iu transmission.
1913 (Län. K)
Chinese 8% Ster. Noter
The Equalisation rate was 21onan Ely, 5%
per cent.
Calcatta Exchange
TT on Japan, 81-1/4-
SILVER MARKET
LONDON BILVER
London, Dec. 19 (Reuter). Svet-Speculative support; en-
countered limited offerings. Busi-Tientsin-Pakow Fly. 5% ness very small. Market steady. In the afternoon, the market was steady, with buyers satisfed and -no-business...
Spot. 23-1/164, Forward, 230,
LONDON METALS
EXCHANGE
London, Dec. 10 (Reuter). Tin, Standard, Cash, Middle-
Price, 2257,
Ger. Stpd, Supl, Lina. 15 Jap. 5 Ster Loan. 1924 31 Der, 7% Intl. Loan, 1924 Chartered Bank
H.K. & 8bal Bank (Ldn
Tin Standard, 3 months, Middle Mercantile Bank of In-
זי
4.03-1/2
LONDON STOCK EXCHANGE
LUNDON, Dec. 11 (Reuter) Although sentiment was on the Stock Exchange, generally ruled quiet.
Greek and Far Eastern loans. moved especially Chinese loans.
occa- higher but Brazilians were sionally offered.
Oils met good enquiry. Anglo- Iranians advanced from 318. 3d. to 35.
unquoted 20.000/35 20.40b/45a 20.16b/30
u de
20.744 2055 55 20.34b 20.145
unch.
.01 oft 01 eff
·Continental Can
Consolidated Edison
Consolidated OR
Continental Ou
Copperweld steel
Curtiss Wright (C.).
Curtiss Wright "A"
Deere & Co. mermaid
091/88 812/817
86/957 811/811
201/881 821/831
up
Distillers Corpn. Besgrama
up
Douglas Aircraft ä......................
Monday's sales:-7,475,000 bushela.". CHICAGO CORN
Du Pont de Neugen ...
Eagle Richer LeadForm
Eaton Mig. Co.
Elec, Antolite kenmer
60% 601b
80/60
801/601
60/601
601/802
up
Elec Bond & Share opene
up
Elec, Bond & Share
Elec Bond & Share $6 pf.
Elec. Power & Light #7 pf.
12840 12,45b
12.64/64 12.450/55a
12.526
.12 off
Flinikots, „onqna
12.28/23
.17 off
Gen. American TTRES...
Gen. Electric
34-3/4
Gen Motors
Gen. Ballway Signal
Gen. Tire & Rubber
Gudden Co.
Goodrich (BF)
Goodrich 36 ̈DI. :...
וד יי
Goodyear Tire & 00.........
Great Northern Iron Ore
brighter
Great Northern Rly, yfd.
business
Great Westem Sugar. .......***
Greyhound. Corpu,
Hercules Powder Co:
Homestake Mining
Int Nickel
Inter. Paper & Power ......
Int, Tel. & Tel...
Kenrecott Copper
Lakey Foundry & Mae.
1024
ΤΟΣ
13
Several industrials strengthen- payers ed while Kafr dividend appreciated on local support.
Wall Street was quiet.
Libbey-Owens-Ford
Lockheed Aircraft
42
1940
45
26.45 18.03 20
90.90 - 83.06 40
High Low Dow Jones Averages 159.80 111.64 30 Industrials
Pails 39.67 22.15 20
Utilitics Bonds Commodity Index
BRITAIN'S RECORD
EXPENDITURE, LONDON, Dec 11
(Reuter)--
Britain last week spent a record sum of nearly 18 millions sterling
a day This figure was disclosed
by Exchequer returns, for the last.
week showing total ordinary expenditure of £100,000,000
апо
a total ordinary revenue of £23,- 1000,000
LONDON GOLD
64.07 48:47 11
Dec. 1, 1940.
High Low Close 131.97. 130.69.131.37 27.82 57:84 27.20 20.30 19.98 20.09
272*
Change
.09 off
Haiphone (Johore) Tientsin
CURRENT
Tokre Tsingtao : Усковата
Account opened in LOCAL CURRENCY and FixED Dgroszta eceived for one year or shorter periods in Local and other Our rencies on terms which will be quoted on application.
Atso up to date Sara Drost Boxes in various sizes To LAT Hong Kong, 30th November, 1940.
HONGKONG SAVINGS
BANK
14
The Business of the above Bank. is conducted by the HONGKONG
SHANGHAI BANKING COL PORATION. Eules may be obtain- ad on application.
For the Hosarong & Shanghai BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 28th Feb., 1939,
THE CHASE BANK'
|
HAIPHONG BAMBORG " MANEUW
PRIPING
(Piking
TOKOHAMA
FOREIGN EXCHANGE And General Banking Business transacted.
ÜDERENT ACosts opened son FIXED DEPOuits' received for Ous Year or shorter periods in LosAL OF Other Cafrencies (af' ruten which will be quoted on application, th SAYING AMQUrta also opened in Local Currency and Starling with interest allowed at rates obtainable on application.
The Bank's Head Ofoe in London undertakes Executor and Trustee business, and claims regorery of British Income Tax overpaid, po terms which may be ascertained as any of the Agencies and Branches.
B. A. CAMIDOR,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital.....$10,000,000.00, Paid-Up Capital ..........699,000.or Beserva and Undivided
2,983,281.50
Head Office:-BONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: BIE BROFRON CHow, Chairman
Li Lan Sang, Esq. Koon Chan, Baqi P. K. Kwak. Esq. Wong Chu Son, Esq Wong Yun Tong, Esq. Yang Ping Wah Baq. Chan Ching Ebok, Bar.
15, QUEEN'S ROAD, CENTRALGI
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 BANK, NEW YORK, with Resources of over U.S.$2,000,000,000,
.D. M.BIGGAR,
Second Vice Preis.
A Job?
Consul
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Bervices for Cargo and Passengers'
SWATOW, SHANGHAI, TSINGTAU, CHETOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
1925 (Vickers)
Chin Imperial Rly. 5%
Loan
47
16
Tukuang Rly 5%, 1911..
LP. N/T Lsue)
15
Sukuang Rly. 5%, 1911
Calcutta, Dec. 10 (Retter),
(German› Jasue).....
13
Lang Tsing & Hai
My 5% 1913
14
8'hai-N'King Rhy. 5%...
15
London. Dec. 10 (Reuter). Bar Gold, Fine per oz, 188/-.'
TO~
Tentsin-Fukow Riy. 8% (Brit. Stpd.) mim i'lentsin-Pukow Bly. 5% (German 8tpd.) \********
(Brit. Stpd. Supl Loan) 15 Tientsin-Pukow ly. 5%
16
15
8'ha Elec. Conrt:. Ca..... 15/- S'hai Waterworks "A" ... 131 Union Insurance
20
Gula Kalumpong Rubber 14/41 Lon, MA, & Scot, Rly, 137 Great Western Rly.
351
54
National Bank of India 301 B.-A. Tob (beater)
83/9
Dunlop Rubber
31/6
J
Reg
Brintol - Aeroplane come taperlal Chemical Ind. 28/0
10.
H.K8hal Bank (Col
Peg) Chinese Eng & Mining
(bearer) Chosen Corporation
united steel
21
Woolworths ...........................
52/3
Marsman Investrients.
778
18/9
Western Holdings.
9/6.
4f-
Sub-Nigel
160
3hell Trans. Trad
Price £259-7ƒ8.4
Market steady,
dia, 25, "Qu Pekin Byndicate
107..
(DENTËT)
35
SANDAKAN
HAIPHONG
All steamers burth alongside the Roosevelt Terminal in the French Concession st Shanghai, where passengers and cargo are landed.
For farther partículars
please apply to
JARDINE MATHESON& Co.,LTD. TELEPHONE. 30311. GENERAL MANAGERS
Kax Tone Po, Esq., Chief Manager LI THE FONO, Esq., Manager
Broscher and Agencies:
Kovo m
Bingapore
London Rangoon Borsheys Manila
Bestow
placo Sentila
Balros Malborres San Iso- Bydney Marianks New York Beattie Paris
Shanghal
Every description of Banking and Exchange business transacted, Lon granted an approved securities.
Current Accounts opened in Local Carrancy and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quated on application.
SAFE CEPOSIT Box To Lar.
KAN TONG.PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAÏD-UP CAPITAL $40,000,000.DO (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and confections in the principal Commercial Contrem ol Lae World, we are able to extens our Clients special facilities for Domestic and Foreign Benklug and Exchange
Head Office:-SHANGHAI Hong Kong Branch.
QUEEN'S HOAD, C. South China Offices.
CANTON
SWATOW
KONGMON TOISHAN SHIUCHOW," KINGCHOW.
We also handle the imue of Borde ind other Public Funds of the Chinese Government both at Home Und: Abroad NE
SHOU J. CHEN
Manager.
Pacific Gas & Dec ....
271
Bangkuk
Kobe
Johore Hangoon
Satgou
COLOMBO
FELEI
17
Packard Motors
31
Batavia
Kowloon Sa
Pan-American.... Airways,
16.
Bombay
Xuais
Francisco
for
Dalcusis
Lumpur Bhangbai
Paramount Pictures
10마
81
Canton,
Loodod
Bingapore
Pennsylvania R.R
321
Chefoo
Lyour
Sourabaya
33
Philadelphia. Read, Coal
+
Colamba Malacos
Sungei
871
Phillips Petroleum
40
Dairen Manils.
154
Public Service of NJ......
281
Fouchow Muar
Pataui Swato
181
264
204
Pure Off
B
Bankow
Muldoo
251
Radio Corpn. of Am.
5
Harbin
New York
Iloilo
Reading Company,
Com
131
Paiping
Ipoh
Penang
Remington Arms Co. Inc.
82
Republic Aviation Corp.
41
271
Republic Steel
22
431
Revere Corp.
11
78+
Reynold Tobec. *B*
324
4
Gateway Stores
421
30手
Bchenley Distillers
10/18
Sears Roebuck
311
Shell Union Oil
51
Socony-Vacunum
371
Southern Pacific
192
Southern Rly $5 pfd.
183
Spleer Manufacturing Co
Standard Brands...
281
Stand Gas & Elec,
201
Standard Ofl of California 173
18†...,
Standard O of N.J. ............ng
$31
784
Stone & Webster
1621
Studebaker Cop, mám
201
Swift International
337
Technicolor
351
Portits
Texas Corp.
4
Texes Gulf Solphur
pt. 58
| Timken-Alde inumi
$52*
Trans-America · Co.
31
20th Cent. FOL
*107
Union Bag & Paper Corp. 124
561
Union Carbide
Carbon
Ti
331
Union Pacific
402
United Aircraft
421
15.
United Airlines Trans .....
161
121
United Corpn
#
144
131
United Corpn., 3 gum pf: 271
United Gas Corra.....
621
United Gas Improvement
9#
181
U.B., Endustrual Alcohol.
213.
KATY
154
U.B. Rubber
234
261
211
US. Rubber 18 píð,
871
US. Smelting
66
1
U.8. Steal
691
71
Vanadium
331
!!
-
Loubey
Halphong Santor Bolala
Love
F1
514
Yultee Aircraft
81
241
Walworth Co.
50
161
Warner Bros, Pict
31
2
35
Westinghouse Elec.
104
Woodward Iron Cor...
331
.31*
Chase National Bank
321
Glass
441
National City Bank
-30T
DOW JONES AVERAGE
Dec. &
131.45
,56 off
·90 10- 90.89 68,78
01 of 90.37
68 up 56.91 .16 up Business Dons:-#10,000 shares
No comments yet.
Private notes are available after approval.