1940-12-13 — Page 10

Amer. Sugar Refining Amer. Tel & Tel....

Amer. Tobacco. “B”

Amer. Waterworks

Anaconda Copper

Atchison, T. & S. Fe

Aviation Corp. - ..................

Bar Sliver per.oz

at July

*34.8/4 for Spot.

MARKET

Dull,

STERLING

On demand

On Bangkok:--

On demand

On Sterling Notes:-

Bank Buying Rate

Market Report

FROM ROZA BROS.

Thursday, Dec. 12.

Sliver prices dropped 3/18 yes.

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

terday for both deliveries, the NEW YORK COTTON

quotations "being 22.7/8, for Ready Dec. (New contract) and 22.13/16 for Forward, Silver January

advices reported the market as March being quiet with no business done. May -American Silver was quoted

The London/New York cross-Spot rate was quoted at 402.1/2, New

Total sales Tuesday:88,200 bales.

York/London" was quoted at 403.- NEW YORK RUBBER 1/2.

Baldwin Lecometive ...

Baltimore & Ohio

Barber Asphalt Co.

Barnsdall Of ..

(REUTER'S SERVICE)

Bendix Aviation

Prev. Today's High Low Close Close Change

10.20 10.14 10.19 10.14

.06 oft. 20.48 20.44 20.55 20.44b 11 of

Bethlehem Steel

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

COMMODITY MARKET REVIEW (FROM PAYNE & CO.)

NEW YORK, Dec. 11, 1940.

CLOSING "QUOTATIONS SINGAPORE RUBBER

DECEMBER 12, 1940

On London:-----

Telegraphic Transfer. 19 7/3 Bank Bills on demand 1,2 7/9 Credits 4 months' right On Shanghai:-

On demand

On Singapore:—

On demand

FOT JAN-MARCH APRIL-JUNE

Previous

Dec 11

Clore Opening Closing Change buyer's buyers

39 cts.

38-3/4 38-5/8 of 3/3

Previous close Today's close

.38-1/4

ST

The market was dull LONDON RUBBER

380

SPOT

53 3/4

JANUARY

FEBRUARY

On demand

101

.

APRIL-JUNE

On India:-

JULY-SEPT.

Telegraphic Transfer. and demand On New York:-

$82 1/2

On Japan:-

8 8 8 8 8 8 8 8 8 8

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

DECEMBER 12, 1940

FRIDAY,

DECEMBER 13, 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, 1889

Reserve Funde:

Paid-Up Capital ;; £8,500,000 Rezerve Fund

Sterling

£3,000,000

prietors .....

£3,000,00

5,000,000

HEAD OFFICE: LONDON:"

H.E. Currency Reservs $10,000,000 Reserve Liability of Peo Reserve Liability of

38 36-9/4

35

off 1/4 38-9/40, 1/4

STOCKS

Last Sale

{TOCKS

Last sale

Proprietors

$90,000,000

Dec. 11

Dec. 11

madama Ixpress.

01

| Loew'a- The.

301

Head Office:--HONG KONG

buyers

boyers

Change

11-15/16

12

up, 1/16

Alleghany Steel Co.. Allis Chalmers men

232

Luft Incorperated

332

Mack Truck Inc.

28

12-1/18

12-178

up 1/18

Aluminium Ltd,

73

Martin, Glen L

331

12-3/18

12-3/16

unch,

Amer. Candidate

875

MicKesson & Robbins, pfd.

12-1/4 12-1/8-

12-5/16

up 1/16

American Cyanamid B.

3511

Montgomery Ward

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

CC. Roberta, Esq.,

12-3/10

up 1/10

Amer, & Foreign Power Amer & Foreign $ pl. Amer. Locomotive Amer. Metals Co. Amer. Radiator

1

M'Erin City Copper Co.

147

National Aviation

16

Nat Dairy Products

1811

National Distillers

01

National Leid

154

Nat. Fower & Light

45

131

Bank Bills,, on demand 23 3/8 Credlis, 60 days' aight 24 1/3

On Batavia:--

On demand On Paris:- "

.......... 43 3/4

46 3/4

148

Now.

22 7/8

After Improving on trade buying, covering and scarcity of bay- ers, the market ruled steady,

NEW YORK COTTON: Bombay interests are reported to be sell- ing. The possibility of new farm legislation at the next ses- sion of congress is an unsettling factor, Trade buying on the scale down falled to absorb scattered liquidation.

NEW YORK RUBBER: The market is reflecting freer shipment

offerings.

라

X

CHICAGO WHEAT: Prices were easier on reports of favourable

growing conditions in the South-West.

NEW YORK STOCKS: Previous close. 131.37; Today's close, 131.78;

Change up 39.

NEW YORK COMMODITY MARKET.

Amer. Rolling Mi

Amer. Sting and Ring Co.

Bank Bills, on demand Nom. Credits 4 months' dight Nom. "

On Baigon:--

On demand".

101 1/9

On Manila

វគ្គនីនិងនីតិវីធីន

Chairman,

Deputy Chairman.

J. K. Bousfield, Eng.,

A. H. Compton, Esq.,

K. 8. Morrison, Esq

Hon. Mr. T. E. Pearce,

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

„Chief Manager.

38, Bishopsgate E.C.2. Sub-Agencies In Lendon: 117/123 Leadenhall Street, EC

West End Branch:

14/16, Cockspur Street, S.W1 Manchester Branch: 62, Mosley Street, Manchester, 2.

AGENCIES" AND BRANCHES

ALUR STAR

JMRITSAR

BANOX DI

BATAVIA BOMBAY

CALCUTTA

AGENCICO:

CLATE BILET

BAMBIN

ANO

RONG TUNG logoan ILOILO [POE

COB

FAIRLEX PRACY KITALA"- DANTON CAWNFORE

CHRU COLOMBU DELHI

L J. Davies, Esq.,

Hoo. Mr. 8. H. Dodwell, G. Miskin, Baq...,

BLIGON!!

·BREMBAN

Nattorial Supply Corp.

New York Cetat

'KARAOH).

KLANG

SHANGHAL.

SINGAPORE

1701

Niagara Hudson Power

SITIAWAN

+69

N. American Aviation

17

BOURABAYA

8

North American Co.

161

LUÜTÜN

TAIPING

271

Northern Paclic

KUCHING

TUNESIM

171

Branches:

Owens-linols Glass Co.....

451

MADRAS

TOKOKAN

4

Pacific Gas Mec

277

Amoy

Johore

MANILA

Bhukoij

174

Packard Motors

3+

Bangkok

Kobe

Rangoon Saigon

MEDAN

TSINOTAL

34

| Pan-American Airways

154

Batavia

Kowloon San

HALPHONG

10%

Paramount Pictures ...

101

Bombay Kuala

9.

| Pennsylvania RR.

221

Caloutta Lumpur Shanghai

Francisco HAMBURƠ

H&SHOW

NEW YOR PRIPING

Canton

331

Philadelphis Read, Cosy

Chefoo

83

London Singapore Lyons Sourabaya

Philips Petroleum

41

Colombo

Malacca

Bliss & Co.

151

Burgoi

Public Service of NJ,

Dairen

Manila

Soeing Alplane Ca

191

Pullman Inc.......

201

Foochow

Must

Patani SWALOW

Borg-Warner

201

Pure Of ......

י

409

87 801 841 84 off 801 801 12.74 12.41

Briggs Mtg.

251

Radio Corpn. of Am.

Bankow

Malden Tokyo

801

of

Budd MTacturing Corp.

5.

Reading Company.

Com

14

Harbiu

12.52b 12.68b. 18 up

Canadian Paclic R'way

34

Remington Arms Co., Inc.

51*

Iloilo

14

+

{

"October

Close 10.16/17 > 1007/07 10.20/20 ....... 10.11/11

> * 9.94 N 4.38 N

Opening

Closing

...Change

Case, J.L

F81

Republie Aviation Corp.

Ipob

47

10.12/12

10.18/11

.06 off

Celanese...

284

Republic Steel

224

unquoted

20.09 N

- .04 of

Chesapeake & Ohio

44

Revere Corp. A...

111*

in

Chrysler Corpn.

774

10.16/17

10.14/15

.06 of

Reyhold Tobac. "B"

32&t

Combia #& Floc, ..

41

10.08/09

10.08/06

65 ou

Safeway Stores

427

Commercial Credit Do.

30

9.89/90

9.86/86

08 of

Schenley Distillers

101

Com, Southern (Ord.)

9.32/32

9.30/30

.08 off

Sears Roebuck

Π

Consolidated Edison ...

211

10.17 N

10.11 N

,06 off

Shelf Union Of

104

Consolidated. Oil mm.

51

Socony-Vacunum Oil

Continental Can

371

Southern Pacific

Continental Qu

201

Southern Rly $5 pid....

211

January ......... March

20.74b 20.59/55

May

--

There were sellers at 1/3 Decem- ber-January, buyers at 1/3-1/32 for Cash.

... 20.241 30.14b July -(New contract) ...

Total skies:490 tana. CHICAGO WHEAT

unquoted 20.85b" 20.405/55a 20.44b/48a 20.15b/30a 20.230/28a 20.15a

20:056

09 off

Copperweld Steel

19

TRUSTEE and EXECUTOR business undertaken.

Haiphong (Johore) Tientsin

New York Tsingtao Peiping Yokohama Penang

(Peking)

FOREIGN EXCHANGE, and General Banking Business transacted.

CURRENT Accoutra epenéð kie Fixed Depoarte received for Ont Yest of shorter perioda in Losal or Other Currencies at rates - which I will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates cblaïnable”

CURRENT ACCOUNTS opened on application.

Local Currency and Fixed The Bank's Head Office in London Deposits received for one year or undertakes Executor and Trustse shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax overpaid, on terms which may be ascertained as application,

SAFE DEPOSIT BOXES of any of the Agencies and Branches."

B. A. CAMIDOE. various sizes to let.

Manager.

Spicer Manufacturing Co $51

.11 off

Curtiss Wright (C.)

9

Standard Branda

11 öf

Curtis Wright ("A"

28

Stand Gas & Elec;

1.

.09 OR

Deere & Co.

201

Standard Oil of California

177

Distillers Corpn. Beagrams

18*

Standard Oll of N.J.

331

Douglas Aircraft

79

Stone & Webster

71

Du Pont de Nemours

1837

Studebaker Cont

ur conducted by the HONGKONG

Mayées

861/88$

881/87

V.S, DOLLARS

reported. No business There were sellers as 23.5/8 Cash

July

821/821

624/824

861/864 5/82

off

Jagle Pichef. Lead ...

102

Swift International

17]

& BHANGHAI BANKING. COM-"

"off

Estöd Mig 00.

mar

941

Technicolor

91

Was

Tuesday's sales:,161,000 bushels CHICAGO CÓRN

Elee. Adtofte

351

Elée Bond & Share „............

4

Texas Corpn.

391

Texes Gulf Sulphur

301

buyers at 23.11/18 for Cash.

SHANGHAI DOLLARS

May July

004/604

801/601

601/601

off

Elee. Bond & Share 15 p.

581.

Timken-Axle

291

..... 601/60

604/601

601/601

1. of

Elee Bond & Share $8 pf

86

Trans-America Co.

Ered Power & Light $7 pr.

Fimtköte

March June

12.50/41

12.68b/732

.16 up

Geh America Trans.

12.25b/29a

12.53/53

25 up

Gen, Eléctric

Gén Motors

34-3/4

Ger Rällway, Signal

4.03-1/2

Gen. Tire & Rubber...

Glidden. Cort

Goodrich (B.F)

Goodrich $5 pl.

Goodyear Tire & Ca

Great Northern Iron Ore

Great Northern Aly, ptd.

Great Western: Sugar

Greyhound Corpn.

Hercules Powder Oo, mes

Homestake Mining

int Mckel

..................

Inter. Paper & Power

Int. Tel & Tel

SHANGHAI DOLLARS

397.1/2 seilers

£

Kentecott Copper Lakey Foundry & Maé, Libbey-Owens-Ford Glass" 43 Lockheed Aircrsit

יו

45

London

New York

Japan

India

Hongkong

Sterling

1912

Opening 0/3-11/16

Chinese 5% Reorg. Loan.

1913 (Ldn. Ia,)

34

5-3/4

Chinese 8% Ster. Noter.

24-3/8 20-3/8 N 24-1/2

1925 (Vickers)..........

10

Dec. 27 Bettlement

སྦྱཏྟཱ ིི་ ྴ ཟླ་ཚཋ ཱཿ ཐ ཤཱ

1011

13

42-47

1940

Sellers at 307, buyers at 391.1/2. { NEW YORK HIDES

SHANGHAI MARKET Sterling opened with sellers for Spot at 3.49/64 and closed a shade steadier with sellers at 3.25/32 for Spot. U. S. Dollars opened with sellers at 5.15/16" and closed with sellers at 5.31/32 for Spot.

AFTERNOON MARKET

the The market was dull in

No business was re- afternoon. ported.

STERLING

The market closed with sellers

at 1/3 December/January, buyers

at 23.11/16 Cash

U. S. DOLLARS

12.52b 12.28/28 Total sales for the day:-108 contracts. N.Y, Official Silver ...... 34-3/4 NY-London Cross Rate 4.03-1/2

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Dec. 11..

LONDON METALS

EXCHANGE

London, Dec. 11 (Reuter). Tin, Standard, Cash, Middle Price, £256-5/8,

The following quotations are tite! Tu Standard, 3 months, Middle middle prices at the close of the Price, £259-7/8. market in London. All quotations

Sellers at 23.5/8 Cash, buyers are subject to confirmation and no

at 23.11/16 Cash,

SHANGHAI MARKET

Sterling at 3.49/64 and U. 8. Dollars at 5.15/18, both sellers for Spot.

Shanghai Exchange

Shanghai, Dec. 12 (Reuter).

Official T.T. Rates

Spot

Dec.:

Jam

Spat

Déc

Jan.

Sellers

Opening Closing 0/3-48/64 0/3-49/64 0/3-49/64 0/3-3/4

0/3-3/4 0/8-3/4

·UB. Dollars'

$5-15/16' 25-16/16

-5-18 18

5-15/10

5.-15/16 5-15/16

Market:—Quiet.

Silver Duty Este

The Central Bank of China's rate on London at 10 am. today was 1/2-1/2d.

responsibility is assumed for errors in transmission.

War Loan. 3% (Red,

after 1852).

Defence Loan, 3%

Canton-Kloon Rly. 5% Chinese 41% Gold Lean

1998 (Brit Issue) A

Chin 41% Anglo-French-

Loan, 1908

Chinese 5% Crisp Loan.

Chin. Imperial Rly..5%%%

„Loan ionan Rly, 5% Kukuang Riy: 5%, 1911..

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

47

164

13

++

Market steady.

SILVER MARKET

LONDON, SILVER

London, Dec. 11 (Reuter). Bilver--Selling by speculators in the absence of support Business limited. Market quiet. In the afternoon, the market was very quiet, with no business,

8pot, 22-7/8.

Forward, 23-13/160.

BOMBAY SILVER

Bombay, Dec. 11 (Reuter).

Offtake 50 bars.

Market--Qulet.

Ready

Indian Mint '81ver

Jan. 22. Settlement ..............

60-09 60-08

80-07

LONDON GOLD

London, Dec. 11 (Renter).

Bar Gold, Fine per oz, 168/-

Bligh Low Dow Jones Averages 162.80 111.84 30. Industrial

Esile 32.67 29.15 20 20.45 18:03 20 Utilities 90.90 83.08 40 Bonds 84.07 48.47 11

This Bank is entirely owned by

Every description of Banking and THE CHASE NATIONAL BANK | Exchang#business transacted. LosDS. NEW YORK, with Resources of granted

D. M. BIGGAR,

Serond Fice Press.

A Job?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAL TSINGTAU, CHEFOO

TU-

Pekin Byndicate

d

21-

15

S'hai Elec. Constr. Co.

15/- 131

20

Jukuang 'Bly.' 5%,,1911

German Issue Lung Tsing & U. Hal R17. 5% 1913 iunie S'hai-N'King Rly. 5% Tientsin-Pukow Rly. 5%

(Brit. Stpd.) Tientsin-Pukow Rły. 5%.

Derman Study Tientsin-Pukow Riy, 5%

(Brit. Stpd. Supl. Loan 15. Tientsin-Pakow RU. 5%

15

(Cer. Stpd. Supl Loan)

ང་པ

15

The Equalisation rate was 21 Jap. 8% Bter. Loán, 1924 304

per cent.

Calcutta Exchange

TT on Japan, 81-1/4

Calcutta, Dec. 11 (Router)...

India Rupee Paper

Bombay, Dec. 1 (Reuter), Gort, 31% Rupee, 14-0-0.

Der: 7% Intl. Loan. 1924

Chartered Bank

HK & 8'hai Bank (Ldn

Reg.)

HK. & Bhai Bank (Col.

Feg) Chinese Eng & Mining

bearer)...

Chosen Corporation. Mercantile Bank of In

dia, 25, "G".

8.

777

བཙོ ༤ ུ ྴ ོར་

80

16/3:

41-

101

B'hal Waterworks "A" Union Insurance Jula Kalumpong Humber 14/4) Lon, Mid & Scot., ly. 137 Great Western Rly. 33 National Bank of India "301 B.-A. Tob (bearer. B4/41

31/0 Dunlop Rubber

10

Bristol Aeroplane

Imperial Chemical Ind. 28/6 United Steel

Woolworths.kzeug

Maraman Investments

21/3

52/3

716-

Western Holdings Ame 9/9..... Sub-Nigel

Rhell Trans, &Trad.

bearFry

bid.

.180...

35/7

and TIENTSIS

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamera: burth alongsille,” the Roosevelt. Terminal in the Franch Concession at Shanghai, where passengers and cargo are landed..

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD.

TELEPHONE ZOZIL GENERAL MANAGERS

approved securities. -- Current Accounts opened in Lotu] Currency and Fixed Deposits re- ceived for one year or shorter periods in Locs! and Foreign Cur rencies ou terms which will be quoted on application.

SATE LEPOBIT Boxes To LET.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

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

"BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHIBA) Owing to our numerous Branches "in" "China" and connectione in the principal Commercial Lautres, of the World, we are able to oxidze to our Clients special facilities for Domestic and Foreign Banking sod Exchange."

CANTON

Bead Office-SHANGHAI

ong Kong Brauch: QUEEN'S BOAD, C South China Uttieca

KONGMOON TUIBILAN SHIUOHOW KINGCHOW * We also handle the issue of Bonda and other Publis Funds of the Chinone Government hoth at Home and Abroad. IA

BWATOW

SHOU J. CHEN,

Manager,

311

181

20th Cent Fax.

Hong Kong. 25th Feb. 1938,

5441

Union Bag & Paper Corp.

12

Union Carbide & Carbon

71

34

THE CHASE BANK

Union Pacifie

751

492

United Aircraft

43

15"

United Airlines Trans

157

121

United Corpa

11

13.

HEAD OFFICE:

United Corp. $3 cum pf. 271

137

United Gas Corpn.

United Gas Improvement

94

181

UB, Industrual Alcohol...

22.

151

UB. Rubber

23€

272

UB. Rubber $8 píš.

87

.

·27

U.B. Smelting

832†

Interest Rates on Application.

11

UB. Steel

701

HONGKONG SAVINGS

BANK

The Business of, the above Bank

PORATION. Buies may be obtain ed on application.

BANK OF EAST ASIA, LIMITED

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

******** 6,598,800.00

For the BosazƠNG & SHANGHAI | Reserve and Undivided

BANKING Corporation, "

7. M. GRAYBURN,

Chief Manager.

15, QUEEN'S ROAD, CENTRAL

Parats

Head Office:---HONG KONG-

No. 10 Des Voeux Road, Central.

Board of Directors:

Suorso Onow, Chairman

Li Koon Chan, Esq

K. Kwok, Esq.

Wang Chu Bon, Eng

Wong Yun Tong, Esq. Fung Ping Wah Esq. Chan Ching Suck, Esq.

KAY TONG FO, Esa, Chief Manajer

Ta Foxa, Esa, Manager

18, PINE STREET,

NEW YORK. Li

An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.

Bebe

Bombay Onlentia

Branches and Agencies:

Po Kotioas

Blagapore London "Sangoon Вошковув MARTIN Balcon Swatow Malbomens Ball Frame Bydowy Bagsaks

2,989,281.50

Si

Li Lan Sang, Bag.

m

704

Vanadium

331

SAFE DEPOSIT BOXES

51

Vultee Aircraft -.-.-..

BIL

Isiphong

New York Beattie

Hosila

PARIN

Braszaak

Kabe

Palping

Shanghai

COILFIT

24+

Walworth Co. ----

54

167

Warner Bros. Pict.

3+

11*

341

Westinghouse Mec,

1037

Woodward Iron Cor.

321+

31

over, U.S.$9,900,000,000.

31+

Chase National Bank National City Bank

324*

274*

"DOW JONES AVERAGE

Dec. 12, 1940..

Dec. 10,

131.37

27.87

20.09

Commodity Index

90.37 66.01

High Low Close 139.50 131.24 131.70 97.91 27.5 27.67 20.23. 19,90 20:09 90,42

Change

39 up

·GJ off 06, up $6.84.07.off Business Done: 810,000 shares,

.56 off