1940-12-14 — Page 10

Previous Dec. 12

Clase Opening Closing buyers buyers 38-5/8 38-3/8 988/8 38. 37-3/4 36-3/436-1/2/36-3/4 |

Change

unch.

The market was quiet but steady.

LONDON RUBBER

****** 390

SPOT

JANUARY

Previous élose Today's close

buyers 12 12-1/8

buyers 12

Change imėk.

Adams Erpress Allegheny étel Co. Ailis Chalmera man

12-1/8

12-9/18

12-3/18

12-3/10

12-1/4

12-3/18

12-3/13

8 1718 Linch

Arminium Ltd, vanilla : 74+ Atzer. Can cobaini

American Cyandmid B.... Amer. & Foreign Power... 1

Amér & Foreign ST po. .-.

ammer, Lotazotiva

Amer. Hetals Ca

Amer. Balling M41

Amer. Sting and Ring C6,

On demand

On Paris:-

Amer, Bugar Beaning ....... Amer. Tel, & fe170

Amer, Tobacco "B"

Amer. Waterworks

On Saigon:-

On demand

101 1/2

NEW YORK:

COMMODITY

MARKET

anacóntia Copper

Atchison, T. à 6. Ft.

On Manila:

(REUTER'S SERVICE)

Aviation Corp. an.

On demand

.... 48 2/4

Jaldwin Leesmette

On Bangkok:-

#

Prev. Today's

Baltimore & Ohio

.... IIR

High

Now.

Bar Silver për 08. ...............

* 1/8

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

10.19

+

Chicage Corn, May.. New York. Hldes, March

Low Close Close Change 10.14. 10.14. 18.17

20.44b 20.42b .02 881 251

80 861 60+ 591 802 12.17 12.67

.03 up

Barber Asphalt to....

Barnsdall Qu

ö

Bendix «Aviation

of

Bethlehem Bubb

off

12.88b 1270 02 i

Elisa Co

ducing Airplane Co. ................... 184

Opening

Closing

Chante

Burg-Warner

Briggs MIŁ.

Dec. (New contract) January

10.10/11

10.13/12

10.12/12

.02 up

Budd Maturing Corp.

{

} ..... 10.03 N

10.04b/06a 10.05 N

.02 up

Canadian Paciic Rway

(

)

14.14/15

10.18/18

10.17/17

.03 up

Cale, JI.........

}

10.00/08

10.08/08

10.09/09

03 up

Celaßtese.......

{

>

0.88/86

9.87/87

9.28/88

.02 up

Chesapeake & Ohio Audio 421+

9.30/30

9.32/32

9.35/35

05 up

Chrysler Corpn.

10.11 N

10,12 N

.01 up

Columbia Gas às Elec.

Commercial Credit Co.

Consolidated Edison

rate was quoted at 403.1-42, New Yark/Landon was duoted at 403- 1/

January

March May

MARKÉT

Dott.

July (New contract) 20.056

Total sales:-130 tons.

20.850 unquoted 20.44b/48a 20.45b/55a 20.23b/28u 20.30a

unqucted

20.670

Consolidated Ou

20.42b/473

20.20b

20.05b

.02 off .03. of unch.

Continental Can

PAGE 10-HONGKONG DAILY "PRESS

། ་་

FINANCE

FOREIGN MARKETS & QUOTATIONS

COMMODITY MARKET REVIEW

MONEY AND EXCHANGE

NEW YORK, Dec; 12, 1940.

(FROM - PAYNE '& CO.)

CLOSING » QUOTATIONS SINGAPORE RUBBER

'DECEMBER 13, 1849

On London:--

Telegraphic Transter. 1/2 7/8 Bank Bills, on demand 1/9 7/8 Credits 4 months' sight

On Shanghai:--

POT

JAN-MARCH APRIL-JUNE

On demand..................59 971

On demand ...... 18

On demand

On Singapore :-----

On Japan:-a.

On India:-

Telegraphic Transfer:

and demand

82 1/2

FEBRUARY

APRIL-JUNE

JULY-SEPT.

The market was steady.

88

NEW YORK STOCK EXCHANGE

STOCKS T

QUOTATION.

(REUTERS SERVICE) DECEMBER 13, 1940

Last Bala

On New York:---

Bank Bills, on demand ià 3/8 Credia, 60 days' sight 24 1/3

On Batavia mont

43 3/4

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

NEW YORK COTTON: We still believe that legislation" adversely affecting hear positions is unlikely and rather doubt the pass- age of any cotton legislation, therefore expect continuing strength of nese"crop months and think distants irregularly higher.

NEW YORK STOCKS: Previous close, 131,76; Today's close, 132.14:

Change up .38.

Amer. Radiati

On demand

-On Sterling Notes:----

Bank Buying Rate

NEW YORK COTTON Close

Market Repon

FROM ROZA BROS.

Friday, Dec. 13.

Bliver prices were unchanged | March yesterday, the quotations remain May ing at 32.7/8 for Rendy and July 22.13/16" for Forward, Bilver ad-October vicés repórted the market as being Spot steady bút quiet. American Bliver

was quoted at 34:3/4 the Spot..

Total sales Wednesday:-118,100 bales.

The London/New York cross-NEW YORK RUBBER

་་

B01

סט 05

com, & Southern (Ord.) ...

161

tes

FLS

SATURDAY, DECEMBER 14 1 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK- OF

BANKING CORPORATION

Authorised Capital #50,000,000

INDIA, AUSTRALIA AND CHINA

Lasted. & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 18m

Reserve Funda:

Paid-Up Capital"..... £3,000,000 £4,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

Sterling

Proprietors.

#20,000,000

Meud Once: HONG KONG

K. 8. Morrison, Esq., Hon. Mr. T. E. Pearce,

Hon. Mr. A. L. Shield

Branches:

202,000,000,

prietars£3,000,000

HEAD OFFICE: LONDON:

34, Bishopsgate E.0.2 "Sub-Agàncies In Landon: 117/199, Leadenhall Street, E. CLS West Bal Branch; 14/16, "Cockspur Street, S.W1 Manchester Branch: 59, Mosley Street, Manchester,

AGENCIES AND BRANCHES

HARBIN PINANG HOXA KONG " BANGOON ILOILÁ

KALCON

ALOR STAK AMRITSAR

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

ADENCIES:

·IPOR KARACHI

~RLANG

TOOD

CLAVE START WUALA

PATRIK PLAQU. CANTON

하

CIA WHROXE

NAU

COLOMBO

Saigon. -DELA)

HAIPHONG

Francisco HAMBURG

Calcutta Lumpur Bhangbai HANKOW

Gourabaya Sungai

Patzai Swatow Haiphong (Jokers) Tiantain

Tokyo New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

HANGHAI

SINGAPORA SITIAWAN

GCURARSTA “

LUMTUR

TAIPING

TIGTIN

KUCHING

MADRAN

MANILA

KEDAN

NEW YUKA PRIFING

(Peking!

TONGEAR

(Bhuket)

TEIN ITAL TOKUKAMA

FORK ON EXCHANGs and General Banking Businem transacted.

CURRENT Accourts opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies st rates which will be quoted on application.

SAVINGS ACCOvers also opened i Local Currency and Starling with interest allowed at rates obtainabis on application.

in Local Currency and Fixed

The Bank's Head Offoe in London Deposits received for one year undertakes Executor and Truster shorter periods in Local and Other business, and claim recovery of Currencies which will be quoted on British Income Tax overpaid, "on terms which may be ascertained st

application.

!

SAFE DEPOSIT BOXES. of any of the Agencies and Branchéa.

B. A. GAMIDGE,

Maneres.

STOCKS

Last Sale

Déc. 12

Dec. 1

1 Locuri mo.

*321

231

Loft Incorperkted .......................

197

88

Mack Truck Inc.

281

banh Giản L

331

674

McKsium & Robaina, píd. 25

351

| Montgźmery Ward

36ft

Main Elty Copper Co.

3+

"Board of Directora: Hon. Mr. J. J." Paterson,

Chairman, C. C. Roberts, Esq.,

Deputy Chairman,

14

National Aviation

101

J. K. Boushald, Esq.,

Nat Dairy Products

134

A. H. Compton, Esq.,

13

National Distillers....... 231

L. J. Davies, Esq.,

National Lead

171

Hon. Mr. S. H. Dodwell,

154

Nat Fower & Light

↑

G. Miskin, Esq.;

451

National Supply Corp.

"61"

191

New York Cential

14"

Niagara Hudson. Power....

3

601

IN,, American Aviation

171

North American Co.

161

+

Bir Vandeleur M. Grayburn,

Chief Manager.

**

Northern Paride

61

17

Owens-Elinois Glass Co.

441

Pacióc Gas & Fieć

271

Amoy

Johore Rangoon

17

Packard Motors

Bangkok Kobe

3+

| Pan-American. Always

157

Batavia

Kowloon San

30%

Bombay

Kuals

Paramount Pictures

10t

81

Pennsylvania R.R.

221

Canton

London

Singapore

Philadelphia Read, Coal

Chaloo

Lyons

881

Philips Petroleum

41

Colombe

Malacen

154

Public Service of N.J.

281

Daireu

Maoilu..

Pullman In..........................................

261

Foochaw

Muar

201

Pure Oil

-...

26.

Radio Corpn, af- ám. ..............

41

Bankow

*Mukden

54

Harbin

Reading Company,

Com

134*

loilo

#

Remington Arms Co., Inc.

6.

Ipoh

681

Repubile Aviation Corp. ...

44

28

Republic Steel.

221

Revere Corp.

111*

Reynold Tobac, "B"

311

41

Safeway Stores

421

301

Schenley Distillers

101

Sears Roebuck

77+

Shell Union Of

11t

Socony-Vacunam Õli

時

various sizes to let

Southern Paelfie

TRUSTEE and EXECUTOR

Continental Ofi

199

Southern Rly $ bid. nan

211

Copperwald Steel

Curtiss Wright (Č.)

19

business undertaken.

Spicer · Manufacturing Co. 361

18

Standard Brands

for Cash,

-U.S; DOLLARS

July

July

STERLINGTM

There were sellers at 173 Decem- CHICAGO WHEAT ber-January, buyers at 1/3.1/32 May

A small transaction was reported

at 23.11/16 for 'Cash, There were CHICAGO CORN

selfers at 23.5/8 for Caah, buyers May

at 23.8/4 for Cash,

SHANGHAI DOLLARS

Some business was done eatly NEW YORK HIDES

In the morning at 399.

Later March business was arranged at 908.172. June The market closed with sellers at] 396, buyers at '398.1/2

SHANGHAI MARKET Sterling at 3.3/4 and U. 3. Dollars at 5.15/16, both sellers for Spot.

AFTERNOON MARKET

The market was quiet in the afternoon.

STERLING

There were sellers at 1/3 De- cember/January, buyers at

1/32 for Cash.

U. 8. DOLLARS,

N.Y. Official Silver ....: 34-3/4 NY-London Cross Rate 4:03-1/2

LONDON STOCK EXCHANGE

The following quotations are ike bal ec. Constr. Co. 1/3-middle prices at the close of the s'ha Waterworks "A" market in London. Ali quotations Union Insurance are subject to confirmation and Gula Kalumpong Rubber 14/4) Sellers for Cash at 23.11/16,responsibility is assumed for errors on, Mid, & Scot, Rly. 131.

in transmission. " buyers bidding 23.3/4 for Cash.

SHANGHAI DOLLARS Business was arranged at 399.1/2 and also 400. The market closed with sellers at 400.1/2, buyers at #31.1/2 for Cash,

SHANGHAI MARKET

A shade easier in the afternoon. Sterling at 3.47/64 and U. 8. Dollars at 5.29/32, both sellers for Spot.

Shanghai Exchange

Shanghai, Dec. 13 (Reater).

Qficia! T.T. Rates

Laun

New York

Japan

Indin

Ovening D/3-11/18

War Loan. 81% Red

after 1952)

Defence Loan, 3% Janton Kloon RIF. Chinese 41% Gold Lan

1808 (Brit. Issue) Chinese 5% Gold Bonds,

1025/47 Chin, 44% Anglo-French

Loan, 1908 Chinese 6% Crisp Loan.

1912

Chinese 5% Reura. Loan

1913 (Lon. I

Chinese P Ster. Notes

1925 (Vickers)

Chin. Imperial Rly. 5%

Bukuang Rly 5%, 1911.

(L.P. N/Y Issue)

Hukuang Rly. 6%. 1911

German Issue

Loan

6-3/4

Honan Rly. 5%

24-3/8

20-3/8 N

Hongkong

24-1/2

Starling

Sellers

Opening

Closing

Boot

0/3-874

0/3-47/64

Dec.

Jan.

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

0/3-23/32

0/3-23/32.

U.B. Dollars

Apot... 35-16/18

$5-29/32 Dec....... 5-15/16 5-29/32

Jan........

5-15/18

Market:-Uncertain,

5-7/8.

„Silver Duty Bala:

Lung Thing & Hai

Kly. 5% 1913

S'hal-N'King Rly. 5% *Mentsin-Pukoy Rly. 5%- (Brit. Stpd.).

Tientsin-Pukow Riy, 5%

Great Western Ely... $3 National Bank of India 201 102-11/18-A, Tob (bearery

1011

164

ng ཆོལ་ཚོའང་ཕོར་ཚོབ ཙ་ ྂ བོ

14

16

(Certian Blod......... Tientsin-Pukow Rly. 5%

(Brit. Stpd. Supl. Loan): 15 Tientsio-Pukow Rly. 6% (Ger.Stpd. Supil, Loun) Jap. 6% Ster. Loan. 1924 30

15

The Central Bank of China's Ger, 7 Inti Loan, 1924-6

rate on London at 30 ẩm, today |-hartered Bank"

was 1/2-1/21.

4)K, & Sha1 Bank (Lan

The Equalisation rate was 21 Reg.).......

per cent,

Calcotta Exchange

Calcutta, Dec. 12 (Be

TT. on Japan, 81-174.

K. & Bal Bank (Col Bet)

Chinese Eng. & Minink

(bearer)

Chosen Corporation Mercantile Bank of In-

18/3

TO-

Curtles Wright “A”

287

Deere & Co.

201

Stand Gas & Elec.

HONGKONG SAVINGS

1j

+

BANK

Standard Off of California 181

Distillers Corpn. Seagrama · 183 |

Standard Olof NJ.

$37

80/864

88/881

off

Douglas Aircraft

79

Stone & Webster

11

82/82

821/821

81+/811

off

Du Pont de Nemours

1841

Studebaker Com

8

Wednesday's sales:--6,818,000 bushels.

Eagle Picher 'Lead

102

Swifi Internatiohal

171

Eaton Mfg. Co.

35

Technicolor A.

9.

Elec. Antolite

351

Texas Corpni.

*500-00

604/601 607/60

60+/604 601/801

Elec. Bond & Share

4

1 of

Elec, Bond & Share $5 pt.

Texes Gulf Sulphur

361

374

Timken-Axle

201

Elec. Band & Share $8 pr.

88

Trans-America Co.

47

Elec. Power & Light 37 p.

32

20th Cent. Fox.

Bong Kong. 28th Feb., 1939.

1268h/73a 12.77/74 12.53753

12.52b/58a

12.70/70 12.48b

Pintrote

17

.02 up

Gen. American, Trina.

Union Bag & Paper Corp.

12

5411

05 off

Union Carbide & Carbon

714

THE CHASE BANK

Cen. Electric

34

Total sales for the day:85 contracts.

Union PatifC

Gen Motors

501

United Aircraft

431

-34-3/4

4.03-1/2

Gen Railway Signal

15+

United Airlines Trans

152

Gen. Tire & Rubber

127

United Corpo

Glidden Co.

14

Goodrich (BF) Bij 131

Goodrich. 35 pf......

617*

United Cornb. 33 cum pt. 271 United Gas Corpn.

Goodyear Tire & Co,

181

United Gas Improvement 07 U.8., Industrual Alcohol, ...

224

Great Northern Iron Ore

-154.

U.8. Rubber mens

232

TREUTER'S SERVICE)

London, Do. 12. | dia, £5, "

Pakin Syndicate

Great Northern Ry, pța,

271

D.8. Rubber $8 pfd,

B2

Great Western Sugar

201

10분

US.. Bmelting

83+

Greyhound Corpn.

11#

2/-

US Steel

.. POL

Hercules Powder. Co.

71

Vanadium

15/-

Homestake Mining

514

131

Vultee Alteraft

8:"

int Nickel

-241

Walworth Cob.

53

20

Inter. Paper & Power

161

Warner Bros. Pict..

31

Int. Tel, & Tel.

14

Westinghouse Elec,

.103

Kenrecott Copper

35

Woodward Iron Cor.

331

£

Lakey Foundry dz Mas, des 37 Libbey-Owens-Ford

Glass

84/41

Lockneed Aircraft ........

43 291+

Chase. National Bank National City Bank

.33"

Dunlop Rubber

31:8

13

Bristol Aeroplane

10

Imperial Chemical Ind. 28/6

DOW JONES AVERAGE

44

United Steel

Woolworths.......

83/71

4040

42-47

Markman Investmentz

TIB

Western Holdsbiga

R/

45.

Bab-Nigel.

•-180

Shell Trans.

Trad

281

(bearer)

bid.

26/3

*90.00 82008 140

High Low Dow Jones Averages 16280 111.64 30 Industrials

33.67 22.16'70 Rails 25.45 18.03 20 Utilities

Borde

Dec. 11, 131.76

27.67

20.03

Dec. 17, 1940.

High Low Close 132.53 131.24 T32:14. 27.0 27.59) KTJL. 20.13 19.89 107

Change

.38 'up

Yabaribed Capital

.07 up

| Painsp. Capital ...

.04'off

90,45

·BÌ707, '48AY XI

Commodity Index 56.84

-ex. div

INDO-CHINA

STEAM NAVIGATION COMPANY IT

Operating Services for Cargo and Passengers

SWATOW, SHANGHAL, TRINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA

BANDAKAN

HAIPHONG"

All steamers berth alongside the Roosevelt Terminal in the French Concession, ai Shanghai, where passengers": and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON& Co. LTD TELEPHONE SOXIL. GENERAL MANAGERS K

吐

Bombay

Calentis

Bangkok 1po's

Kuantan

Dolomby Handy

Delhi

Karobi

Fallo

Hongkong

Bow

Kota-Ekere

Kent's ide

Kona TrendEERU

New York

Kangoon

Kuala Lumpur Angupõra

HONG KONG (BRANCH

Brary, desaription of “Banking; and Exchange business transactod. -

TRUSTEE AND EXECUTORSHIP FORZA UNDERTAKEN USA. DURRENT 1000USTS paned in most reneyvaná "PIXXD' DERONETS recačvad du Local Currency & #28 BLING on me say be suncertain ap; Neatles, a

2D, BENSINS

What do

Manager

you want?.

If there is anything you, want to buy or Bell try a sinall Classified advertise 'ment in the Hong-

Long Daily Press.

25 words $1.50 prepaid for 3 fusertions.

BANK OF CHINA

Specially Chattered by

THE NATIONAL GOVERNMENT

OF CHINA AS AN EA INTERNATIONAL EXCHANGE

THANKS

PAID UP CAPITAL $40,000,000,00 (BRANCHES All, Oves CuiNA). Owing to our numerous Branahon in China and connections in the jaciulajka « Commercial Contra of the World, we are able to extend to our Clients special facilition For Domertio kad Foreign Banking and

Exchange.

Head Office:-SHANGHAT

Hong Kong Branch;;:

QUEEN'S BOAD, 0. South China Offices? ...

CANFONNA HONGMOON

SWATOW

SHIUCHOW

TOISHAN

KINGCHOW.

We also handle the arts of Bonds and other Pablo Funds of the Chinees Government both at Home

Find Abroad.

SHOU CHEN,

:09 of Business Done80,000 shares

5049, 07 úp -58.75

..

Sestre Fund and Bost,'

BANKERB:

The Bank of England jind Mutand

Bank, Ltd.

BRANCHES:

JÁ,000,00

21,800,000

£1,000,000

1,251,039

The Business of the above Bank conducted by the HONGKONG SHANGHAI BANKING COR PORATION. Bules may be obtain- ed on application.

For the HONGTONG & Bhadanan BASKING CORPORATION,

V. K. GRAYBURN,

Chief Manager.

16, QUEEN'S ROAD, CENTRAL

HEAD OFFICE;"

- BANK OF EAST ASIA,

LIMITED

Authorized Capital: $10,000,000. JO Paid-Up Capital ........ 5,508,800.OF Reserve and Undivided

Portits

...........2,983,281.30

Bead Olice:-HONG KONG No. 10 Des Voeux. Road, CantÉRI.

Board of Directors:

BIL SHOTION Crow, Chairman

i Koon Chan, Bag, Lan Save Eag P. K. Kwok, aq, Wong Cha Son, Eng Wong Yun Tong, Esq." Fung Ping Wals Esq. Chan Ching Shaik, Esq, +

18, PINE STREET, KAN TOYO PO, Esq., Chief Manuger NEW YORK. Li T Fond, Esq., Manager

Branches and Agencies:--

An American Bank offering com.

plete Foreign Banking Service. in the principal Markets of the Amy world.

Interest Rates on Application."

Тик

SAFE DEPOSIT BOXES This Bank in entirely owned by

CHASE NATIONAL BAT NEW YORK, with Resources of over, U.S.$2,500,000/0001-5

D. M. BIGGAR,

Second Vice Press.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Offco:-15, Grasschurch Straet."

London, EC3 Authorised Capital - 24

Bembar Clarita,

Kovoo

Angspor .Loados Bangoon Bourabaya -Manila Balgon Bwslow Malboards Ban Fran. Sydney

Balphons

Nagraks

Hankos

Honolul Zobe

New York Baalsia

Bekarang

Pagda

«Pal peng

"SORTI

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

Current Accounts opened in Local- Currency and Fixed Deposita re seived for tone:: year' or shorter "periods in Local and Foreign Cut- rencies on "terms" which will be quoted or application.

"BAPE EKPOS14 Born To Lar.

KAN TONG PO,

Mist Manager.

24