1940-12-16 — Page 10

Previous Dec. 14 Close Opening Closing buyers buyera** 38-5/8 38-3/4

JAN-MARCH

APRIL-JUNE

33-1/8 38-1/4-32-1/4 38-3/430-7/8 · 37

11

The market, was quiet. LONDON Rubber-

On demand

On. Singapore;=

On Japan:-

On demand

300

buyers

Previous close Today's close

buyers

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

COMMODITY MARKET REVIEW

(FROM_PAYNE & CO.)

EXCHANGE NEW YORK, Dec. 14, 1940,

CLOSING QUOTATIONS SINGAPORE RUBBER

DECEMBER 14 1940

On London:

Telegraphic Transfer, ) ¡9 7/1 Bank Billa, on demand 1/2 7/3 Credits 4 months' sight

On Shanghai;—

SPOT

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE). DECEMBER 18, 1940

MONDAY, DECEMBER 16, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

Change

33-5/8

imch. up.178

up 1/4

STOCKS

Last Sale

STOCKS

Last Sale

..$20,000,000

Dec. 14.

Dec, 14

Adams Expresa

51

Loss's near,

331.

Change

Alleghany Stoel Co

23

Loft Incorperstad

· 191.

SPOT

12-1/16.

Allis, Chaimēta

37

Mack Truck The...

281

On demand ...... 58 3/4

| JANUARY

·12-1/8-

Aluminium Lick

75*

Martin, Glen L ..............

321

Board of Directors!" Hon. Mr. J. J. Paterson,

10*"1/2

On demand................

On Mantia:-

On demand

***... 49 3/4

On Bangkok:-

On Sterling Notes:-

Bank Buying Rate

148 1/2

Nom.

"

Bar Silver per os

-**-**** 22 7/8

On India:-

Telegraphic Transfers 1/2 and demand ""

Un New York:-

Bank Billa, on demand 23 3/8 Crediis, 60 days' sight 24 1/1

On Batavis:~~~

On demand

Os Paris:-

43 3/4

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

On Saigon:

On demand. 101 1/2)

FEBRUARY

APRIL-JUNE

| JULY-SEPT.

NEW YORK COTTON: Lack of inmediata incentive, the market likely moves with moderate limits for the time being but with upward tendency as January contracts approach maturity? NEW YORK RUBBER: Consumption of Rubber in the United States in November totalled 54,552 tons, stocks 275,943 tons and supplies, float 158,095, tons.

CHICAGO WHEAT: Lack of buying incentive. the market looks

lower...

NEW YORK STOCKS: Previous close, 132,35; Today's close, 132.31; Change, of 04.

NEW YORK COMMODITY MARKET

(REUTER'S SKαVICE)

Prev. Today's

∙12-1/4

Market closed

Amer. Cen

87

McKesson & Robbins, pid. 291*

12-5/16:

American. Cyanamid B.

35+

Montgomery Ward

STI

C. C. Boberta, Esq.,

12-1/4

Amer. & Foreign Power

-1.

Mtain City Copper Co.

34

Chairman.

Deputy Chairman,

Amer, & Foreign $7 på. .........” 15+

National Aviation

101

J. K. Bousfald,. Esq,'.

Amer. Locomotive

18

Nat, Dairy Products

131

A. B. Compton, Beds,

Amen Metals Col. '

18*

National Distillers

24

L▲ J. Davies, “Esq.

Amer. Radiahu .....

National Lead

171

Hon. Mr. 8. H. Dodwell,

Amer. Rolling Mill,

154

· Nat, Power & Light

72

Amer, Sting and, R′ing. Co.

451

National Supply Corp.......

19

Amer, Sugar Redning

1,41

New York Central..

Amer. Tel & Tek.

183

Niagara Hudson Power

3

Amer, Tobacco. “B”

698

}N. American Aviation

17

Amer, Waterworks

North American Co. ......

181

Anaconda Capper

271

Northern Pacific

Atchison, T. & 8, 'Fe.

17

Owens-Ilimoty Glass Co. ...

44

Branches:

Aviation Corp ****.

4

Pacific Gas & Elec

281

Amoy

Johore

Baldwin Lecametive

171

dackard Motors

31

Bangkok

Kobe

Baltimore & Ohio

34

| Pan-American Airways

157

Batavia.

Kowingu San

Barber Asphalt Co

IDL

Paramoant Pictures

101

Bombay

Kunis

Barnsdall Ol

Market Report

FROM ROZA BROS.

December 14.

market

36

being July

was quoted at. 343/4 for spot.

New York Cotton, March New York Rubber, March, Chicago Wheat, Mayp Chicago Corn, May .............. New York Hides, March

NEW YORK COTTON Allver prices were unchanged Dec. (New contract) yesterday, the quotations remain- January ing at 227/8 for Ready and 22-March. 15/ for Forward. Silver advices May reported... the steady, but quiet. American Silver October

Total sales Friday:-87,700, bales.

The London-New York Cross- zate. was quoted at, 4021/2. NOW NEW YORK RÜBBEE- York-London was quotat ak, 403.-

10,22

20.00

High Low Close Close Change 10:47 10.10 10.17 .02% OF 20.45 - 20,5lb 20.45. .08 Qu

Pennsylvania BR

221

Hendix Aviation.'

33+

Canton

Londour

Singapore

Philadelphia Read, Cour

+

Sethlehem. Steel

881

Philips: Retroleum

Bilsa & Co.****

174

85+

1

692 50+ *12.70

854 85+

691 + Off 1265 ** 1271* 12.70, 100, DEL

Public Services of M♬

Chefoo Colombo Dairen

Maizceн

Suugof

Manila

Patani

Boeing Alrolaño Co.

17

Pullman Incest v na

261

b pookun

Musr

Swaist

Borg-Warner

201

Pure Off

81

Briggs Mix...

23

Radio Corpn. off Avi

4

Haiphong Bankow

Close 10.18/18

Opening

Closing.

Change

Budd M'Tacturing Corp.

51

✓

Reading Company

Cam: 131*

Harbia

Canadian Pacific Riway

31

Remington. Azma Ch., Ine.

{

10.08 N

{

14

10.19/20

10.09b/lla 10.22/22

10.05. 10:17/17

.02 off

03 of

Caze, Freaktivac Celanese

581

[kilo [pob

Peiping,

Republic Aviation Corp. om

271

Republic Steel

10.12/12

10.14/15

10.11/11

.01 off

Chesapeake & Ohio

424

Revere Corp. ...........

Elt

5

9.93/03.

"9.95/94

0.91/01

.02 off

Chrysler, Corpn..

781

h

Reynold Tobac. "87

R

}

9.39/39

9.39/38

9.380

.01 of

Columbia Gas & Elec.

#

Safeway Stores .....

Spot

10:20 N

1017

13 of

Commercial Credit Co.

201

com, & Southern, (Ord.)

13/10

Schenley Distillers

12

Sears Roebuck

T

Consolidated Edison

223

Shell Union cli

紅果

Consolidated Of

1/2.

MARKET

Quiet

STERLING

January

20.70b-

"

March May....

20:31b

unquoted 20,55%

20.685

.02 off

Continental Can

97

Bocons-Vacunui

various sizes to lel

Southern Pacific

8

TRUSTEE and EXECUTOR

137

G. Miskin, Esq.

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

· Hon. Mr. A. L. Shield», Bir Vandeleux M. Grayburn,

Chief Manager.

Rangoon Saikon

Calcutta Lumpur Shanghai

Lyona Sourabaya

CALOUTTA

AGEMOTES: Стати Вели FAIRLAN PLACE CARTON

CAWSPORI CEBU.

HAIPHONG

KANIOW

KUALA

* LUMPUR

KUCHING MADRAS MANILA

KOMAN

SITIAWAN

·SCURABATS-

TAIPING: METSEM

TONG KAN

(Bhuket)

TRINGTAL:

KIW YORK, STOKONĀMA

" PEIPINO

(Peking!

Bonnion: ExtraMER., and Garrer al Banking Businem transactai.

Chakin' Amour, Tepened and FIXED DEPQUITs received for: One

(Johore) Tientsin............ Year, on shorter periods in Losal or Mukden Tokyo | Other Currencies 'at rates," which. New York Thingtan will be quoted on application.

Tokohama:

Penang

CURRENT ACCOUNTS opened

Savings Accounts. alea opened, in

| Local Currency and Sterling with | interest, allowed at raten obtainablà

on application.

in Local Currency and Fixed

The Bank's Head Offer in Londen Deposits received for one year or undertakes Executor and Trustee shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax overpaid, en terms which mayr be ascertained si

application,

SAFE DEPOSIT BOXES of any of the Agencies and Brandbes.

RA. CAMIDGE,

Manager.

H.K. Currency Reserve. $10,000,000 Reserve Liability of Pro- Reserve Liability of

prietors

HEAD OFFICE: LONDON:

Proprietors

Hand Office:-HONG KONG

38, Bishopsgate 8.0.1. Sub-Agencies In London: 117/132, Leadenhall Street, E.Cla West End Branch

14/16, Cockapur Street, S.W1

Manchester Branch;" 38 Mosley Street, Manchester, 2.

AGENCIES, AND BRANCHES,

BARNIN EONATONG REGU

SLOR STAD AMBITRAR FLANGIOX KATAVIA

PHANG

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA

Authorised Capital $50,000,000

Reserve Funda;

Sterling oss;

Lasued & Fully Paid Up $20,000,000 Incorporated by Royal Charter, 186

Paid-Up Capital ........

£3,000,000

£6,500,000 Reserve Fund

£3,000,000

...£3,000,000

BOMBAY

BAIGON..

IFCE

BEREMBAN

KARACHI

SHANGHAI

LGANG

SINGAPOS

COLOMBO.

TELEI

Francisco HAMBURG

20.4áb

.08 ort

Continental Oil

191

Southern Ry $5 pid,

business undertaken.

.20.306

July (New contract)... 20.15b

20.256/31a 20.15%

20.25b 20:10

.05 off

Copperweld Steel

181

Spicer Manufacturing Co

38

05. off

Curtiss Wright (C.)

Standard Brands

There were sellers at 1/3 Dec,-! Jan. buyers at 1/3.1/52 Cash.

17.8, DOLLARS.

Total sales:-60, tons CHICAGO WHEAT

Curtiss-Wright “A”

28%

[Stand Gas & Elec.

1

Deere & Co. ..............

211

HONGKONG SAVINGS

BANK

Standard Oil of California

181

Distillers Corpn. SeagraIN

19

Standard OH of N.J.

468

May

854/85

851785

Bellers for Cash at 23.11/16, (July buyers, bidding. 23.3/4...

201/201

801/801

851/854: 80/80

* of

Donglas Aircraft

78

Stone & Webster

**

The Business of the above Bank

† off

Du Pont de Nemours

164*

Studebaker Com.

8

is conducted by the HONGKONG).

"

Friday's sales:-Unreceived. CHICAGO COEN

Eagle Plcher Lead

101

SHANGHAI BANKING COR

avitt International

184

Eaton Mig: "Do?.......

30-

·Elec. Autolite

591/591

693/591

597/591

597/592

591/594 59+ 591

& off

Elec. Bond & Share

off

Elec. Bond & Share $5 pt.

NEW YORK HIDES

Elec Bord & Share $6 pt.

| March ...

June

12.71/71 12:49/49

12.68b/75a 12,40b/5la

12.70b 12.44/44

ot off

Elec. Power & Light $7 pf.

Funcote

05 off

Get American Trass..

Cen. Electric

34-3/4

Gen.' Motors

Gen. Railway Signat

Gen Tire & Rubber ...

GUdden Co.

Goodrich (B.F.)

Goodrich $5 pf.

Goodyear Tire & Co.

Great Northern Iron Ore

LIGU

Opening

0/2-3/16

(REUTER'S SERVICE)

Great Northern Aly, pfd;

Great Western Bugar

New York

Greyhound Corph.....

Japan..

Herentes Powder Coa

India

Hongkong

5 $74.00 500 500 18.20

Homestake Mining

18.20

Int Nickel

Inter. Paper & Power

$3-7/8,

9-7/8

5-27732

Spot

Dec.

Opening Closing 0/3-23/32 0/3-45/84 0/3-21/32 0/3-46/54

Jan.

Spot

Dec.

Jan.

£

1000-. 1000

1000* 1000 5.471

5.50 5:55

5A7+

int. Tel & Tel:

Kennecott Copper.....

Lakey. Foundry & Mac.

102-5/8

Libbey-Owens-Ford Glass

0/3-45/64 0/S-11/18

US Dollars

101

J

13.

HK. Lands HK. Tele. (0)

100. 33.75

Lockheed Aircraft

500, 25.70

HK. Tramways

200 17.00

$5-7/8

5-7/8 5-27/32

$50

17.70

*

250-

17.80

42-47

1940

8103

Righ

34

10

47

Yonan Rly. 5% ¿Hukuang Riy. 5%, 1911..

161

(LPN/Y Issue)

15

Hukuang Riz. 5, 1911.

13

14

18

གླུ་གློ་སྐུ་བྱ་རྒྱུ ཨྰཀྭ

SHANGHAI DOLLARS

July

Opened with seller at 401.1/3. MAY Business was arranged at various rates, the market closing with sel lers at 403, buyers at 403.1/8.

SHANGHAI MARKET Sterling opened with sellera at Last advices indicated 3.23/32

Total sales for the day:-17 contracts. sellers

at 3.45/64. U.S. Dollars N.Y. Official Stiver sellers were quoted at 57/8 for NY-London Cross Rate 4.03-1/2 Spot throughout the day.

Shanghai Exchange

Shanghal, Dec. 14 (Reuter).

Official TT. Rates

-Sterling

6-3/4

24-3-/8

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

Sellers

Market:-Uncertain.

Silver Duty. Bata" ·

1. Central Bank of

China's

rate on London at 10 am, today was 1/2-1/20.

The Equalisation rate was 1 per cent:"

Calcutta Exchange

Calcutta, Dec. 14 (Reuter).

T.T. or Japan, 81-1/4′′

India Rupee Paper

ji

Bombay, Dec. 14 (Reuter),

Govt. 34% Rupee,, 94-0-0.

SILVER MARKET

BOMBAY SILVER Bombay, Dec. 14. (Reuter). Market-Steady. Offtake 50 bars. Indan Mint Mlver

Ready

60-13 60-12 Dec. 27 Bettlement Jan, 22 Bettlement....... 60-12

LONDON METALS

EXCHANGE

London, Dec. 18. (Reuter).

Standard, Wasti, Middle

Prico. · £257-1/6)--

Tri Blandard, 3 months, Middle Price £280-1/8.

"Market steady.

unquoted 4.08-1/2

LONDON STOCK | HONGKONG

EXCHANGE

Landon, Dec. 13.

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Saturday, Dec. 14, 1940. SALES

The following quotations are the middle prices at the close of the Bank of E. Asta .... market in London. All quotations are subject to confirmation and no responsibility is assumed for errors

·in: transmission.

War Loan, 3% (Red,

after 1952) Defence Loan, 3% Janton-Kloon Hly. 5% Chinese Gold Loan

1898 (Brit, Issue): Chinese 5% Gold Bonda

1925/47

Chin. 44% Anglo-French

Loan, 1938

Chinese 5% Crisp: Loan..

1912......

Chinese 6% Reorg Loan

1913 (Ldn. Is)

Chinese, 8% Ster. Notes.

1925 (Vickers)

Chin. Imperial Rly 5%.

LOST *****

(German Issue) Long Tsing & U│Hal

Riy, 5% 1913† ..............

| 5′hal-N'King Rly, 5%

Centsin-Pukow Riy: 64%

(Brit. Stpd.)-men-i. 15 Tientsin-Pukow "Rly. 6%

(German Stpd.). ................, 15 Tientsin-Puków Nly. 5%.

(Brit. Stpd. Supl: Loan)-15 Tientsin-Pakow' Rly. B%

(Ger.Stpd..Bopi. Loan) :15 fap. 6% 8ter. Loan, 1924 30 Ger. 1 Intl. Loan, 1924 8 Chartered Bank

Cements

Chima Providents

"Bale on Friday, the 13th inst

The total value is $64,600.00,

CHINA'S BUDGET CHUNGKING, Dec. 15 (Reuter) -China's annual Budget is likely

to reach a total of $20,000,000,000

to $30,000,000.000 eventually, with

the country making all efforts to increase armaments and also fur- ther national reconstruction, ac- cording to Dr. Sun Fo, President of the Legislative Yuan, yesterday.

Low Dow Jones Averages

Industrials -102.80. 111.84 30

3267 22.10 20° Rails: 28:45 18:03 20 Utilities 990: 83206 40 Borde

84.07 48.47 11 Commodity Index

Change

.04.off

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANE, New Yoaz, with Resources of

over U.S.82,800,000,000.

D. M. BIGGAB,

Second Vice Press

A Job?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW; SHANGHAI, TSINGTAU, CHEFOO

TO-

2/- 15/+

131 20.

Jexin Syndicate ........ 18'hai Elec, Constr. Co. |8'hai Waterworks. “A”

Union “Insurance Jula Kalumpong Rubber. 14/44 Lon, Mid, & Scot., Rly. 13 Great Western Rly, 331 National Bank of Indla 31: 4.A Tob bearer) Dunlop Rubber Bristol Aeroplane.

and TIENTSIN

KOBK) Lodi OSAHA

BINGAPORE PENANG :: CALCUTTA

SANDAKAN

·HAIPHONG"

Shanghai where pass

All steamers borth alongside

the Roosevelt Terminal” in

21***

83/0

the French Concession

2

31/6 10

HK, & s'haf Bank (Lin

Reg.)...

and cargo are lauded:

Imperial Chemical, Ind. 23/41 United steel

21/3.

For further

3.K. & Shel Bank” (Col

Peg) Chinese Eng & Minthe

(bearer hosen Corporation ..... Mercantile Bank of In-

dia, £5, "0"

Woolworths

52/41

-81

Maraman Investments 7/8

Western Holdings

979

16/3:

Sub-Nigel

180

Shell Trans & Trad

(bearer)

· 37/6

ARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL GENERAL MANAGERS

SOLASA Shanghai

CORTEX

Every description. of Banking snð.

Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local 4Currency and Fixed Deposita ré- ceived for one year or shorter periods in Local and Foreign Cur rencies OD terms which will be quoted on application;

SAFE EXPOSIT Boxes To Lar

KAN TONG P0,"

Ohief Manager.

BANK OF CHINA

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

BANK VAN PAID UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in- China and connections in the principal Commercial · Centres of the World, we are able to extend * our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Office:-"SHANGHAI Hong Kong Branch:

-4, QUEEN'S BOAD, O- South China Offeser JANTON 4 KONGMOOM SWATOW LASTOISHAN. SHIUCHOWKINGCHOW

We also handle the issue of Bonda and other Public Funds of the Chine Government both at Home and Abrad

SHOU CHEN

Manager

Technicolor

361

k on application.

Texas Corpo

40

For the HONGKONG & BRANCHA

我

Texes Guit Sulphur

304*

BANKING CORPORATION.

581

671

Timken-Axle

291

334.

Frans-America Co

47

15:

20th Cent. Fox-

B1

Hong Kong. 96th Feb., 1830.

541

Enion Bag & Paper Corp.

121

Union Carbide & Carbon

732

THE CHASE BANK.

331

501:

Union Packac.

78

United Altcraft

433

1540

124

Ubfted Airlines Trans,

151

134

United Corpn.

14

HEAD OFFICE:

131

Daited Corpn. 3 cum pt., 271

United Gas Corpn.

骨

551

18, PINE STREET,

NEW YORK.

167

United Gas Improvement

92

An American Bank offering com-

157

U.S. Industrual Alcohol.

23

274

U.A. Rahber

231

201

UB. Rubber $8 pfd.

871

plete Foreign Banking Service in the principal Markets of the world

11

U.S. Smelting.

64

Interest Rates on Application,

BANK OF EAST ASIA, LIMITED

|PORATION: Rules may be obtain-} Authorised" Capital.....$10,000,000,00

V. M. GRAYBURN,

Chief Manager.

Paid-Up Capital ...... 5,585,800.00

| Reserve and Undivided i

Porfits

.................2,988,261.50

Head Office-HONG KONG No. 10 Des Voeur Road, Central,

·Board of Directors: SIR SHOTSON Choir, Chairman

Li Lan Sang, Eag P. K. Kwak, q. Wong Chu Son, fag Wong Yn Tong, Es. Fung Plag Wah Esq. Chan Chinh Phục Tại

"15, QUEEN'S ROAD, CENTRAL Li Koon Chan, Esq.

KAN TONG Po, Esq., Chief Manager Li Tan Foxa, Esq., Manager

Branches and Agencies:

Koeloom

Loudou

Melbourne

Prosze

Bairon

- Blogspors

Boubays Swatow

in Fran», żydney

Asoy Betaris

KADARKOL

Bombay Manila

701.

U.S. Steel.

691

Halphong

Sakow

New Tank Sentide

Vanadium

69

an

34

Honolulu

Kobs

Vultee Aircrait ....

84

Puls Fat

244

Walworth Co.

5%

10-

Warner Bros. Pict

32

231

359

Westinghouse. Ied;

103

Woodward Irati. Cor.

EXC

34+

43 287

Chase National Bank

National City Bank

DOW JONES AVERAGE

Dec. 18, 1940.

Dec. 13, High Low Close

137.35

27.55

132.74 131 13231

27.90 27.60° · 27.85.

20.18

20.95 20.08 2014

90.84

50482

07 up '05' off" Il up A off Business Boss:380,000+ zinaroar

90.95