1940-12-20 — Page 10

38-1/8

37-7/8

APRIL-JUNE.

36-1/2

Dec. 18 Previous

Close Opening Closing duyers buyers

$8-1/8 38-1/8- 37-7/8 37-7/8 -36-1/2

Change

unch.

36-1/2

STOCKS

The market was quiet. LONDON RUBBER

3 PC T

Previous close Today's close

buyers

buyers 11-15/18

Adama Express

Change

(Alleghany: Steel Cama: 201

Allis Chalmers

12

Aluminium Ltd.

59 3/4

FEBRUARY.

APRIL-JUNE

11 JULY-SEPT.

12-1/8 12-1/4 12-3/16

Unreceived

·Amer. Qan me

American Cyanamid - B..

Amer. & Foreign Power

Amer& Foreign 7 pt.

Amer. Locomotive

Amer. Metals Co.

Amer. Radiator

Amer. Rolling Mill..................

Amer. S'ting, and R'ing Co.

Amer, Sugar Renning

Amer. Tel, & Tel .............

amer. Tobacco “B”

Amer. Waterworks

1

Anaconda Copper

On Saigon:-

(REUTER'S SERVICEY

Atchison, T. &B, F.

11

On demand

***** 101 1/2

On Manila:-

On demand

On Bangkok-

On demand

46 3/4

149

Bank Buying Rate

Now

New York Cotton, March New York Rubber; March -.............. Chicago Wheat, May APTINK Chicago Corn, May New York Eldes, March

Prev. Today's. High Low Close Close Change 10.22 10.13 10.16 10.14 ".02 off 20.25 20.20 20.25 20.23

02 off B41 $37 *84 *84

60 601

594 12.77

12.65 12.55

Aviation" Corp.

Baldwin Lecametive

Baltimore & Ohio

Barber Asphalt Co.

unch

Barnsdall, O

B01

Bendix Aviation

12.55

.10 off

Bethlehem Steel

Bar Silver per oz.

"23 16/16

NEW YORK COTTON

Close

January

10.04 N

March

10,18/18

Opening 10.08/06 #10.19/19

Cloning

10.01

Change

Bliss & Co.

Boeing Airplane Co.

.03 Of

10.14/14

-.02 of

Borg-Warner,

May

10.09/00

10.13/13

10.07/07

.02 of

Briggs Mfg.

Budd Mfacturing Corp.

July

9.89/89

9.93/93

9.85/80

Canadian Pacifc R'way

October

-9.32 N

9,36/36

9.31/32

01 off

9.28 N

9.31b/33a

9270

101 bu

Case, JI

10.16 N

10:14 N

02. off

Chesapeake & Ohio

·Columbla Gas & Mec.

20.41b/458 20.40b/48 20:25b

20.40b 20.20b/27a 20/230

.01 off

Commercial Credit Co.

12 off

Com, & Southern "(Ord.)

*20.00b/.25% 20.00% 10.70b/902 19.84b

unch

Consolidated, Edison .........

unch

Consolidated" Of

Continental Can

Total sales:-800 tons,

JHICAGO WHEAT

Continental Of

Copperweld Steel

14/84

841/841

108/18-

unch.

Curtiss Wright (C)

791/79

791/791

791/791

+ Yup

Curtiss Wright "A

Deere & Co.

Tuesday's sales:-10,099,000 bushels. CHICAGO CORN

Distillers Corpn. Beagrams 18

Douglas Aircraft

May

July

592/591 691/591

80/601 80/60

801/601 60/601

1 up

'Du Pont de Nemours .......

Exel Picher Leed., 10.

Eaton MTg. 00, 11-

NEW YORK HIDES March' June

Elec. Autolite

12.85/65 12:43

12.65b/73a. 12.55/55 12.50b/54a 12.35b

.10 off

Elec Bond & Share

.08 or

Elec. Bond & Share $5 pt.

Elec, Bond & Share $6 pt.

34-3/4 4.03-1/2

Elec. Power & Light $7 p.

Fintkoter

Gen. American ́Arans.

Gen. Electric

Gen Motors

Gen. Railway Signal

Gen. Tire & Rabber

Glidden Co. ....

Goodrich (BF.)

Goodrich 35 pf.

Quiet,

Goodyear Tire & Co.

Great Northern Iron Ore

STERLING

Great Northern Kly, pfd.

Great Western Sugar

Greyhound Corpn.

Hercules Powder Co.

Homestake Mining

Int Nickel.....

Inter. Paper & Power

Int. Tel. & Tel,

Kenrecott Copper

Lakey Foundry & Mac. Libbey-Owens-Ford Class Lockheed Airëraft

*1840

High sow Dow Jones Averages 18230 lái84:30. Inthiatrials

3267 22.15 20 Baile 20.45 118.03.20 Utilities 91,01 83.06 40 Bonda 64.07 48.47 T1

Market Repon

FROM ROZA BROS.

Thursday, Dec. 19.

Silver prices were not quoted December

this morning. was quoted at 34.3/4 for Spot.

Total sales Tuesday:-82,100 bales:

The London/New York crossNEW YORK RUBBER rate was quoted at 4021/2. New York/London was quoted at 403.- 1/2

Quiet,

STERLING

... 20.00/00 July (New contract) ... 19:64b

There were sellers at 1/3 De-May cember/January, buyers at 1/3-July 1/32 for Cash.

V. S. DOLLARS

Sellers at 23.11/16 for Cash, buyers at 23.3/4 for Cash

SHANGHAI DOLLARS Opened with sellers at 406.1/2. Business was arranged at various rates. At the close sellers were quoted at 409.1/4 for Spot.

SHANGHAI MARKET Sterling opened with sellers at 3.21/32 for Spot and closed easter with sellers at 341/04 for Spot.

Total sales for the day:-82 contracts.

34-3/4 N.Y. Official Silver NY-London Cross Rate 403-1/2

U.. S. Dollars opened with sellers TIENTSIN TAXES

at 6.25/32 and closed at Noon

with sellers, at 5.3/4 for Cash,

AFTERNOON MARKET :

TO BE RAISED

HL.K. STOCK EXCHANGE

Only small parcels of shares changed bands as the firmness of

Proposals Tabled At the market continues, buyers pre-

There were sellers at 143 De- Meeting Of-Council

cember/January, buyers at 1/3- 1/32 for Cash.

-U. 8. "DOLLARS

(Reuter) «TIENTSIN, "Dec. 19 Embarking on the new year with » overdrafts totalling large sunts Bome business was done in the and fared with increased staff afternoon at 33.31/16 for Cash-salaries and higher costs of coal The market closed with seller's at and all imported materials. tha 23.11/16, buyers at 23.34 for Cash. British Municipal Council is cast- SHANGHAI DOLLARS jing about for ways and means to

|boost the revenue. Yesterday at meeting of electors, the Chairman [of the Council Mr. James Turner, tabled five resolutions designed to yield $17,000;

Opened with sellers at 408.1/2 for Spot and at the close sellers were quoted at-4102/2.

SHANGHAI MARKET Easy. Opened with sellers of last 3.41/04 and Sterling at

20

extraordinary

61) Increases in existing land,

rate indicated sellers at 3.39/64 taxes, water and electricity-rates;

for spot. U. B. Dollars opened

(2) Introduction of an enter- with sellers for Spot at 5.3/4. tainment tax; Last advices indicated sellers at 5.23/32 for Spot.

(3) Police tax of 8 per cent. assessed in the rental value of all occupted pretiines;

(4) Revision of the method of

Shanghai Exchange collecting land and rental assess

Bhanghai, Dec 19 (Reuter).

Oficin? TT Rates

London

New York

Japan

India

Paris Hongkong

Sterling

Opening >0/3-5/8 5-11/16 24-1/8 20 nominal

Bellers

"Opening Closing 0/1/21/32 03–30/84. 0/3-21/32 0/3-39/64. 10/3-41/64.10/319/32

Spot

Dec.

Jan.

U.8.--Dollars

Bpot

Dec

Jan.

$5-25/32

6-3/4

$5-23/32 525/325-23/32 5-11/16

Market-Easy

Silver Duty Rate

ment taxes;

(5) Collection of all accounts Mn local dollars at the highest value when payment is tendered. All five resolutions were passed.

LONDON STOCK EXCHANGE

LONDON, Dec. 19 (Reuter)

dominating.

BUYERS

Canton Ins., $190.

Union Ins.. $397,50.

Wharves, $92.

Docks (0), $18.20.

Docks (N), $17.60. Providents, $5.60 Hotels, $3.50, Trams, $17.65.- Star Ferries, $81.`` Lights (0), C.D. $7:45. Lights (N), C.D. $1.15.

Ropes, $7.05. .. Dairy Farma, $19.15.

Watsons $10.50. Entertainments, '$7. -Constructions (0), $1.60.

SELLERS Lights (0), C.D. $7.50 _Electrics (0), ̧ ̄ ̄$40.50.

Telephones (N), $1.50 Vibro Piling, $1.70,

· BALES H.K. Banks, $1970. Union Ina $3977/400, Docks (0), $18.25/60. Docks (N), $17.75. Providents, $5.85, Lights (0), CD. $7.50, Lights (N), CD. $7.15., Telephones (0), $23.75, HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Thursday, Dec. 19, 1910. SALES

In the Stock Exchange" yesterday Oll shares (continued to attract Interest, the outstanding feature being the rise of Anglo-Egyptians from 147%, Bd. :to: 528, 5d. on good buying orders. The markets other Chlup Lights (0) wise experienced a quiet day and China Lights (N) prices aften drifted lower for Cements"

want of fresh support.

་་

Industrials were irregular and HX. Docks (0) Foreign Bonds were neglected but

the previous levels were well HK, Docks (N) maintained. Tudiah Loang har HK. Hotels

100 $7,50 3007.20 1,000-18.40

300 18.45

Dec. 19, 1940. Doc. 17, High Low Close 330.63

130.99 120.31' 120,49 21.48. ·27.55 27.34 27.25 10.87 19.89 19.85 19.68

Change

1.1 off ..:28-off .13 off

Head Ofce:-HONG KONG No. 19 Des Voeux Road, Central.

Board of Director.»

SIE SHOCIBON CHOW, Chairman

13, QUEEN'S ROAD, CENTRAL i Koom Chat, Li Lan Bang, Eag

An American Bank offering com-

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

THE CHABE

NATIONAL BANK NEW YORK, with Resources of

over - U. 8. $2,900,000,000.

D. M. BIGGAR,

Second Fice Press.

A Jobz

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Survion for Cargo and Passengers

TO-

SWATOW, SHANGHAI, THINGTAU, CHEFOO

And TIENTSIN

KOBE and OSAKA

HINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All stemmers

barth alongside

the Roosevelt ""Terminal in the "French Concession av Bhanghai, where passengers

sual cargo are landed.

300

18.40

500

18.50

200

17.75.

For Eatsber

500

3.60

500 25.75

tou

The Equalisation rate was -271- per cent.

were stain supported. '

Wall Street was Irregularly

24.80 *2400.00

high

3,705

The total value is $52,405,00...

The Central Bank of China's) dened and "Hairy met a little H.K. (Telephones (0) rate on Londer at 10 am today Cape offering. Coppers, however, Yaumati Ferries

Walon Ins vas 1/2-1/2d.

JARDINE MATHESONË Co.,LTD. TELEPHONE SOJILO GENERAL MANAGERS.

F. K. Kwok Eg Wong Chn Son, Bag.. Wong Tun Tong, Esq. Fung Ping Wan Eng. Chan Ching Back, Raj,

EAN TONG Po, Esq, Chief Manager Li Tam Foxo, Esa, Manager

Branches and Agencies:

Ko-ylion

Loudon

Penang Engspors

Bourabaya

Manila dolgon

Kalbouma dan Frans Bring

siąco Paesiska

Teatrung

Rav York-chauktio Pari

-Peiping Sharabsko

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

Current Accounts opened in Local Currency sed Fixed Deposite re- osived for one year or shorter parjods in Local and Foreign Car- renaies on terms which will, bra quoted on application.

SAFE CEPOSIT Boxes To L

∙KAN TONG: POJ

Chief Hanager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

OF CHINA AB AND INTERNATIONAL EXCHANGE

BANK

FAID-UP CAPITAL $440,000,000.00 ** (BRANDALS ALL ÖVER Önisa) --- Owing to our numerous Branches in China, and connections in the principal Commercial: Centres of the World, we are able to extend to our Clients special facilition for Domestic and Foreign Banking and Kxchange

Head

Office:-SHANGRAT

** Hong Kong Branch:

4. QUEEN'S ROAD, C. South China Ofici

KONGMOON

CANTON

|SWATOW-TOIBHAN-

SHIUCHOWALKINGOAOW

We also handle the issua of Bonda and other Public Funds of the Chinese Government both at Home- ind Abroad."

“SHOU” J. CHEN,

"Manager

PAGE 10-HONGKONG: DAILY PRESS

FINANCE -

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

DECEMBER 19, 1940.

On London:-

Telegraphie Transfer. 1/8 7/ Bank Bills, on "demand 1/3 7A Credits 4 months' sight

On Shanghaip

On demand. .................................. 304

On Singapore:-

'On demand

On Japan

On demand

COMMODITY MARKET REVIEW

(FROM PAYNE &· CO.)

NEW YORK, Dec, 18, 1940.

SINGAPORE RUBBER

SPOT

JAN MARCH

JANUARY

On India:-

Telegraphic Transfer-182 1/2

and demand

On New York:---

Bank Bills, on demand 23 3/8 Credlis, 60 days' sight 24 1/4′′

On Batavia:—,

On demand

On Paris:-

Bant Bills, on demand Nom.

Credits 4 months' sight Nom

COMMODITIES: Cotton: Washington uncertainties continue check activities but market should do better when Spring buying de- velops: Grain; Prefer purchases on reactions; Rubber; Stag- nant but would rather be long.

NEW YORK STOCKS: Previous close. 130.59; Today's close, 129.42;

Change, or 1.11.

NEW YORK COMMODITY MARKET

On Sterling Notes:-

....... 43 3/4

American

MARKET

JJ

Silver Spot

January March

May

230 10

NEW YORK STOCK EXCHANGE

Celanese

Chrysler Corpn.

QUOTATION

(REUTER'S SERVICE)

DECEMBER 19, 1940.

FS

FRIDAY, DECEMBER 20, 1940.

BANKS

HONGKONG & SHANGHAI| THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital...... $50,000,000.

INDIA, AUSTRALIA AND CHINA

fasued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1888

Paid-Up Capital £8,000,000 Reserve Fund

Reserva Funds: Sterling

+

****** *,000,000 £8,000,000 1.K. Currency Reserve $10,000,000 Reserve Lishility of Pro Reserve Liability of

Proprietors

$30,000,000

Head Office:-HONG KONG

Hon. Mr. T. E. Pearce,

„prietors Kannņääämuu£3,000,000. HEAD OFFICE: LONDON:,

38, Bishopsgate E.C.9. Sub-Agencles In London: 117/129, Leadenhall Street, E.C.3 Wast End Branak; 14/18, Cookspur Street, S.WI

Manchester. Bernal; / 89, Mosley Street, Manchester, 1-

AGENCIES AND BRANCHES.

BARLIN KOKA KONG ILOILO

ALOK STAR AMBITRAR BANGKOK BATAVIA

BOMBAY CALOUTTA

ADENCIE

Hon. Mr. A, I Shields, Sir Vandaleur M. Grayburn,

Chief Manager CANTON

Branches:

Rangoon

Saigon SAD

FAISTAN PRAGE

DAWNFURI

A **

COLOMBO

DELHI HALPHONG Francisco HAMBURG

RANKOW

Bourabaya

Patani Swałow (Johore) Tientsin

Tokyo

New York Tsingħan keiping Yokohams Penang

XPOR

KARACHI XLANG TOBE XUALA

LUKTUR

EDORINO

MADRAS

PINANG RANGOON HAIGON

PORUMBAN

SHANGHAI

· BINGAPORE

BITERWAR

LOUBABAYA ЧАЕРЕКО LIENTSIN

TONGKAR

·MANILA (Bhuket)

NODAX

REW YORK PHIPING)

(Peking)

TEIN GTAG TOKOHAMA

FOREIGN EXCHANGE and Generað Banking Business transacted?

CUERINT "A.000usis opened and FIXED DEFOBıra received for One Year or shorter periods in Local or Other Currencies at rates whick" will be quoted on appliestion.

SAVINGS ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainabia

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 Trustas shorter periods in Local and Other business, and alaima 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. various sizes to let.

B. A. CAMIDGE;

Manager.

Last Bale

STOCKS

Last Sale"

Dec. 18

Dec. 18...

57.

Loew's Inc.

331

Loft Incorperated

173

342

Mack Truck. Inc.

74

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

Martin, Glen L

30++

861.

McKesson & Robbink, pra, 25

35

Montgomery Ward

36+

1

Chairman. C. O. Roberts, Esq.,

Deputy Chairman.

Mtain City Copper Co.

31

15

National Aviation

10

·J. K. Bousfeld, Esq.,

16

Nat, Dairy Products

131

AH. Compton, Esq.,

171

National Distillers.......... 231

L. J. Davies, Esq.,

82

National Lead

“Bon, Mr. 8. A. Dodwell,

17

147

| Nat." Fower & Light

G. Miskin, Esq.,

61

421

K. E. Morrison, Esq.,

National Supply Corp.

131

New York Cential.

131

186

Niagara Hudson “Power

3

69

N. American Aviation

161

07

North American Co.

181

257

Northern Pacific

181

Owens-linois Glass Co.

431

Pacine Gas & Mec

284

ly

161

Packard Motors

31

Baba Vel

Johore Kobe " -Komloon

Pan-American Airways

144

81

Bombay

Kuala

Paramount Pictures .................

109

Calcutta

时

Lumpur Shanghai

Pennsylvania R.R.

214

Cantur

London

Singapore

323

Philadelphia Read, Coal

3/16"

Ubafou Lyons

85

Phillips Petroleum

391

Colono

Sungai

161

Public Service of N.J.

29.

Dairen Manil

17

Pullman Inc...

201

Foochow

Muar

20

[Pure "on

#

Haiphong

343

Bankow

Mükdən

Radio Corp, of Am

4

5

ffarbin

Reading Company.

Com

13

Hoilu

Remington Arms Co., Inc.

55

Ipoh

Republic Aviation Corp. ...

4

201

Republic Steel

217

Revere Corp:

II

in

741

Reynold Tabac, "B"

31

Safeway Stores

411

*

Schenley Distillera

101

Sears Roebuck

751

211

Shell Union Oll

111

52.

Socons-Vacunum Offi

364

Southern Pacific

TRUSTEE

ада EXECUTOR

193

Southern Rly 25. pfd.

21

business undertaken.

181

Spicer Manufacturing Co

35

81

Standard Brands

5

274

Stand Gas & Elec.

It

Standard Oll of California

18

Standard Oll of NJ.

33+

771

Stone & Webster

1627

Studebaker Com

.70

Swift International

173

341

Technicolor

82

234

Texas Corpn.

30

31

Texes Gulf Bulphur

36

58*

Timken-Axie

201

65.

Trans-America Co.

44

1

20th Cent. Fox.

81

BONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG

BHANGHAI BANKING COB PORATION. Rules may be obtain

id on application.

For the HoxGUNG & SHANGRat BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1939. ·

BANK OF EAST ASIA, LIMITED

Authorised Capital $10,000,000.00 Paid Up Capital 1,598,800,0 Reserva and. Undivided

Porfita

...2.983,281.50

14

54

Union Bag & Paper Corp.

12)

327

Union Carbide & Carbon

68)

THE CHASE BANK

Union Pacific

751

401

United Aircraft

43

141

United Airlines Trans

151

114

United Corpa,

137

131

United Corpn. $3 cum pt. 201

United Gas Corpn..

#

61

United Gas Improvement

94

18

US, Industrial Alcohol...

231

151

U.8, Rubber

22

257

US. Rubber $8 pfd.

87

191

U.S. Smelting

531*

102

U.S. Steel

67)

724

Vanadium

32.

HEAD OFFICE:

18, PINE STRKET,

NEW YORK.

plete Foreign Banking Servico in the principal Markets of the world.

Any

}

Bombay

Caloutta

Halphang

Bankow

Honolulu

Lana

521

Vultee Aircraft

71

231

Walworth Co.

51

15

Warner Bros. Pict.

31

21*

Westinghouse Exec.

-103

35

Woodward Iron Cor.

32

31

42

Chase National Bank National City Bank

324* 201

27

DOW JONES AVERAGE

90.95

Commodity Index

58,04

90.83 56.00

12 off ..05.up

Business Done:-780,000 shares