..
APRIL-JUNE
·37-7/8 38
37-7/8 -38-5/8 36-5/8 36-5/8
The market was dull, LONDON RUBBER
it
STOCKS
...... 405
Previous close Today's close
buyers
buyers
Adams Express
Change
Alleghany Steel Co.
52 3/4
11-15/18
Allis Chalmers ...........
12.
Zuminium "Ltd.
12-1/8. Unreceived 12-1/4 ....12-3/16
Amer. Car
American Cyanamid. B
Amer, & Foreign Power
Amer & Foreign $7 pf.
Amer. Locomotive
Amer. Metals Co.. Amer. Radiator
Amer. Rolling Mil
Amer. Sting and Bing Co.
On Paris:-
On Saigon:
On demand
On Manila:-"
Amer, Sugar Refining
Amer. Tel, & Tel
(REUTER'S SERVICE)
amer, Tobacco "B"
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK, Dec. 18, 1940.
CLOSING QUOTATIONS | SINGAPORE RUBBER
• DECEMBER 10 1940
On London:
Telegraphic
Transfer. 1/9-7/8
Bank Bills, on demand 1/2 7/8
Credits 4 months' sight
On demand .....
On Shanghai:---
On Singapore:—
On demand
On Japan:-
On demand
On India:-
Telegraphic
Transfer.
89 1/2
"and demand
On New York!---
SPOT JAN-MARCH
SPOT JANUARY 102 1/2 FEBRUARY
APRIL-JUNE
JULY-SEPT.
Previous
Dec. 19
Close Opening Closing Change buyers buyers
unch
38-1/4 38-3/8 38-1/4
Bank Bills, on demand 23 3/8
·Credlis, 80 days' sight 24.1/8
On Batavia:—
On demand...............
43 3/4-
Bank Bilis, on demand Nom. Credits 4 months sight Nom.
NEW YORK COTTON; Many mills report that their productive facilities, have mostly" been tied up for many months to come because of large contracts by the Government för cotton goods. NEW YORK STOCKS: - Previous close.. 129.42; Today's close, 128.84;
Change, off" 58.
NEW YORK COMMODITY MARKET
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
DECEMBER 20 1940
SATURDAY, DECEMBER 21, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION ... INDIA, AUSTRALIA
Authorised Capital $60,000,000
AND CHINA
Issued & Fully Paid-Up 230,000,000 Incorporated by Boyal Charter, 18.
Reserve Funds: Sterling
Paid-Up Capital ............£3,000,000 £6,500,000 Reserve Fund
£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reservo Liability of
prictaza
...£3,000,000 Proprietore A.
HEAD OFFICE: LONDON:,,
38, Bishopsgate E.C.£. Sup-Agencies In Landon:
"
117/122, Leadenhall Street, E.Ga West End Branch: 14/16, Cockapur Street, S.WAH.
Manchester Branch:
52, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES
HARJIN TEMANG KONG KONG MANGOON
ALOR STAR
Last Sale
STOCKS
Last Sale
$90,000,000
Dec. 19
Dec. 19
51
Loew's Inc.
Head Office:----HONG KONG
3117
-
231
Loft Incorperated
17
351
Mack Truck me..18+
27+
72
Martin, Glen L. 231
861". McKesson & Robbins, pid. 241
35
Montgomery Ward
ne
361
+
M'tain City Copper Co.
3
Board of Directora: · · Hon. Mr. J. J. Paternon,.
Chairman. C. C. Boberta, Esq.,
Deputy Chairman.
15.
National Aviation
10
J. E. Bousfeld, E,
152
Nat Dairy Producta
13)
A. H. Compton, Esq.,
171
L J. Davies, Esq.,
National Distillers
National Lead
10
Hon. Mr. 8. H. Dodwell,
141
G. Miskia, Esq.,
Nat, Power & Light
414
K. S. Morrison, Esq.,
National Supply Corp.
...
124
New York Cențial
13.
1661
Niagara Hudson Power
3
691.
N,, American. Aviation
181
Amer. Waterworks.
........ 101 1/91
New York Cotton, March...... New York Rubber, March'
20.23
Chicago Whest, May
Chicago Corn, May
New York Rides, March ...
591
Prev. Today's High Low Close Close Change 10.17 10.12 10.14 10.13 01 off 20.25 20,23
20.18b05 of 844 -891 મન
...unch 601
North American Co.
161
Anaconda Copper
251
Northern Paclic
8
Branches:
Atchison, T. & 8. Fe.
161
Aviation Corp.
"Baldwin Lecometive
84
· 109
Baltimore & Ohio
12.65 12.44 12.55
80 up 12.61
Barber Asphalt Co
22 10/16
NEW YORK- COTTON January
March
Close
Opening
Closing
.06 up Change
Barnsdall ou
13.01 N
9.98b
10,00 N
01 off
1
Bendix Aviation
Sethlehem Steel
10.14/14
10.15/14
10.13/13
01 "of
Bilas & Co.......
May
10.07/07
10.07/07
10.05/05
.02 off
„Boeing Airplane Co.
July
0.85/86
9.84/83
9.83/83
.02 of
ہیں
Borg-Warnes
9.31/32
9.29/29
931 N
unch
Briggs Mig.
9.27 N
9.28/28
9.28 N
.01 up
Budd M'facturing Corp.
10.14 N
10.13 N
.01 "off
Canadian Pacific R'way
Case, FL
Celanese
20.406
20.40b/50a
20.236
20.25/25
cross
May
July (New.contract)
20.00b
20.05/04
10,840
19.90 A
20.380 20.186 19.97/97 19,82b
.02 011
Chesapeake & Ohio
.D5 off
Chrysler Corps.
.03 of
Colmha Ga đi trên c
.02 of
Commercial Credit Co.
Com, & Southern (Ord.)
Consolidated Edison
May..... July
831/83)
841/84"
unch
Consolidated Oil
781/784794/791
Continental Can
Continental Of
Copperweld Steel
601/601 60/601
591/80 691/591
602/601 80b
I up unch.
Curtiss Wright (C)
Curtiss Weight-“A”
Decre & Co.
NEW YORK HIDES March
Distillers Corph. Seagrams
............. 12.55/55
12.35b
12.48/44 12.23/23
12.61/01 12.37b
.06 up
Douglas Aircraft : ....
02 up
Du Pont de Nemours
Total sales for the day:-19 contracts. N.Y, Official Silver 34-3/4 NY-London Cross Rate 403-1/1
Eagle Picher Lead
34-3/4 4.03-1/2
Eaton Mfg. Co.
Elec. Autolite
FEDERAL RESERVE SYSTEM
Bec Bond & Share my 37 Elec...Hond & Share $5 pr. 58
NEW YORK, Dec. 19 (Reuter).
Dec. 14 (1939).
at
Dec. 12 (000's Omitted...
Dec. 18
Elec Bond & Share $8 pt. 654 Elec. Power & Light #7 pf. 31 pntkote
Gen. American Trana,"
Gen: Electric
U.S. Securities held
Federal Reserve Ratio
Federal Reserve Credit Outstanding, Monetary. Gold Stocks"
2,512,000 86.82% 2,543,000
ין
17,404,000
2,184,000
90.98% 2,241,000 21.858,000
2,184,000
Gen Motors .......
90.76%
Gen." Railway Signal
11,143.000
7,492,000
3,308,000 21,899,000 7,433,000
Gen. Tire & Rubber....
Glidden Co........
Gondrich (B.F.)
Goodrich $5 pf.
(bearer)
16/3
Goodyear Tire # Co.
Chosen Corporation
4/-
Great Northern Iron Ore
Mercantile Bank of In-
Great Northern Rly, pfd,
dia. £5, "G"
107
Great Western Sugar
Pekin Byndicate
24-
Greyhound Corpn.
Some business was reported at
S'ha eo. Constr. Co...." 15/ S'hat Waterworks "A"
Hercules Powder Co
134
Homestake Mining
Int Nickel
20
Inter. Paper & Power
Kenmecott Copper
Libbey-Owens-Ford
Lakey Foundry ft. Mac, .........
Glass
32/14
Lockneed Aircraft
£
Bristol Aeroplane
9/9
102-11/16
101
Imperial Chemical Ind 28/101
United steel.
21/4)
Woolworths ........
53/7+
Maremal Investmente
7/8:
Western Holdings
9/9
Bub-Nigal
160
Abell Trans
28.45 18.03 20
Trad
01.01
83.06 40 Bonds
(bearer)
49.
On demand 46 3/4
On Bangkok:-
On demand age 119.
On Sterling Notes:-
Bank Buying Rate
Bar Silver per' 04.
Market Repor
FROM ROZA BROS,
*Nom.
October Friday, Dec. 20. The price for Reads Silver was December
Spot quoted at 23 and ~ Forward at
22.15/16. Silver advices reported
Total sales Wednesday:--47,300 balea.
Bears as having covered to a small NEW YORK RUBBER extent The market was steady. January American Silver was quoted at March
34.3/4 for Spot.
The London/New York
Total sales::-80 tons. rate was quoted at 4021/2. New: York/London was quoted at 403.-CHICAGO WHEAT 1/2
Quiet.
MARKET
STERLING
84/841 701/791 Wednesday's sales-7,318,000 bushela CHICAGO CORN
There were small sellers at 1/3 May December, buyers at 1/3.1/32 for July Cash.
V. S. DOLLARS
Bellers at 23.5/8 Cash, buyera Juge at 23.3/4 for Cash,
SHANGHAI DOLLARS
sellers Opened with
at 413: Business was arranged at various rates and at the close there were sellers at 417, buyers at 418.
. SHANGHAI MARKET Easy Sellers for Spat 3.19/32 were quoted at the opening and closed with sellers at 3.37/54. U. 8. Dollars opened with sellers at 5.11/18 for Spot and
at the close. there were sellers at 5.21/32 for Spot.
AFTERNOON MARKET
The market was quiet in the afternoon.
STERLING
The market closed with sellers
at 1/3 December, buyers at 1/3-
1/32 for Cash..
C. 8. DOLLARS
Bills Bought
Industrial Advances
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Dec. 18.
28.3/4 for forward and near, The| The following quotations are the Union Insurance market closed with sellers at 23-middle prices at the close of the Gula Kalumpang Rubber -15/7 11/18, buyers at 23.19/15 for Cash. market in London. All quotations Lon., Mid, & Scot., Rly, 13} .
SHANGHAI DOLLARS
{are subject to confirmation and no Great Western Rly. 323 Opened with sellers at 417, responsibility is assumed for errors National Bank of India 32. Business was arranged at various in transmission.
B.-A. Teb (bearer)
86/3 dates. Closed with sellers at 415,
Dunlop Rubber buyers at 416.
SHANGHAI MARKET Was a shade steadier. in the afternoon. Opened with sellers of Sterling for Spot at 3.37/84. Last advices indicated sellers at 3.19./32 U. a. Dollars opened with sellers at 5.21/32. Last advices indicated sellers at 5.23/32 for Spot.
Shanghai Exchange
Shanghai, Dec. 20 (Reuter)..
Official T.T. Rates
Opening
London New York
Japan
India
∙Paris
Hongkong
Spot
Dec.
Jan.
Spot
Dec
Jan.
Sterling
War Loan, 3% (Red,
after 1952). Defence Loan, 3%... Janton-Kloon Aly. 5% 13 Chinese 41% Gold Lan
1698 (Brit." Issue)... 44 Chinese 5% Gold Bonds,
1925/47...
42-47
in 41% Anglo-French Loan, 1908 Chinese 6% Crisp Loan.
1912
Chinese 5% Reorg. Loan.
1913′′ (Lan. Is.)
Chinese 8%, Ster. Notes.
1925 (Vickers)
Chin. Imperial Rly. 5%
0/3-1/2
5-9/18
3-5/8
19-3/8
nominal
Loat Honan Rly, 5%
23-1/4
Bellers
Opening Closing
0/3-37/44 0/3-19/32
...... 0/3-37/64 0/3-19/32 073-9/10 0/3-37/64 11.8. Dollars
$5-21/32 35-23/32
5-21/32 5-5/8
Market: Uncertain,
Silver Duty Rate
5-23/32" 5-11/16
The Central Bank of China's
rate on London at 10 am. today
was 1/2-1/2d. W
Bukuang Rly 5%, 1911..
(LP, N/Y Issue) Bukuang Rly 5%, 1911
German Lasuer
| Lung · Tsing * &... U· · Hal
Riy. 5% 1913. [8′hal-N'King Rly. 6%
201
34
16
15
13
16
བྷ སྐུ། སྐབ བ བ ཕཚ
....... (15
Tentsin-Fukow Rly, 5%
Brit. Btpd.) Tientsin-Pukow Rly, 5%.
German Stpd.) Tientsin-Fuzow Rly, 5%
(Brit, Stud, Supi. Loan), 15 Tientsin-Fakow Rly, 54.
"(Ger. Stpd. SupL Loan) 18
Jap. 0% Ster. Loan. 1924 25
Ger. 74% Intl Loan, 1924 ́8/
The Equalisation rate was 211 Chartered Bank B
per cent
Calcutta Exchange
Calcutta, Dec. 18 (Reuter)
on Japan, 81+1/4
KK & Ehai Bank Lad
Reg
[BK, & 8′hat Bank (00) A
Reg)
[Chiesa Eng & Mining
Int. Tel. & Tel
PORATION. Rules may be obtain. Authorised Capital.....$10,000,000.00-
Paid-Up Capital
For the Hongkong & Shanghai | Reserve and Undivided
13, QUEEN'S ROAD, CENTRAL
Coreanocascendio....2,083,281,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Chatral.
Board of Director.
SIX SHOPSON
Koon Chan, Eag
F. K. Krok, Bag.” Wong Tam Tong, Esq. Chan Oting Shak,
CHOw, Chairman
Li L'au Bang, Esq. Wong Chu Son, Hisq. Fang Fing Was Esq.
KAN TONG PO, Esq.
LIT Foxo, Esa., Manager.
Branches and Agencies;
An American Bank offering" com- plete Foreign Banking Service in the principal Markets of the Amy world.
SAFE DEPOSFT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, New York, with Resources of over, U.S.$2,000,000,000,
D. M. BIGGAR,
Second Vice Press.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Officer-15, Gracechurch Street. London, EC).
4,000,000 £1,800,000
$1,060.000 €2,254,639
•The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkit 1pch
Kuala Treoggand Madras
INDO-CHINABLE
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO:
SWATOW, SHANGHAI, TSINGTAU, CHEFOO'
and TIENTSING
KOBR and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosevelt Terminal in
the French Concesionat- Shanghai, where passengers and cargo are landed.
For further particular;
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZILA GENERAL MANAGERS
Howrah-Kuala Lumpur (flagsport.
S HONG KONG BRANCH:
Magnanka
Lagoons
Ban Bran
New Tork. Beattie Part
Pelplag
do aptala
соцтат
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur rencies ou terms which will be quoted on application
SATE EXPOSIT Boxes To LET.
KAN TONG' PO,
Chief Manager.
'BANR" OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT.
OF CHINA AS ANSV
!-- INTERNATIONAL EXCHANGE - KSBANK-
PAID UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER URINA) Owing to our numerous Branches TRUSTEE AND EXECUTORSHIP in China and connections in the
Every description of Bunting and Bachange. busla transacted, get AAA
UNDERTAKEN AT Med CURRENT LOCOUNTS opened In Local Der PADDY 173 PIERE DEPOŠTks: received in TOCAT Curmanay & STERLING de terme, that may be sscertaised an spy žestion'...
DI BENSON,
What do
Manager
you want?
If there is anything - you want to buy or pregonell, try a small
Classified advertise- menti in the Hong- kong Daily Press
words $1.50 prepaid.
forts inter
insertions.
principal Commercial Contres of the World, we are able to extend our Clients special facilities for Domestic and Foreign Banklay- aud Exchange.
Head Office: SHANGHAÍ
Hong Kong Branch:
4. QUEEN'S ROAD, O...
South China Offers: CANTON KONGMOON SWATOW TOISHAN
BHLUCHOWKINGOHOW
We also handle the issue of Bonda and other Publio Panda of the Chinome Government both at Home land á brond
BHOU JOHEN,
Manager
Owens-Illinois Glass Co.
44
4
Pacific Gas & Mec
277
Amoy
Jabure
101
Bangkok
Kobe
Packard Motors
31
Batavia
Kowloon
31
Pan-American Airways
14
16
Bombay
Kuala
|Paramount Pictures
10
Rangoon COLOMBO Saigon
DELHI San
HAIPHONG Francisco HAMBURG" Calcutta Lumpur Shanghai HANKOWANA.
Hon. Mr. T E. Pearce,
Hon. Mr. A. L. Shields, Sir Yandeleur M. Grayburn,
Chief Manager.
BOMBAY
CALCUTTA
(AGENCIES: ČLAVY STREET” FAILIN PLACE CARTON CA WNPORN
CESU
KLANG кова KUALA
LUMPUR KUCHING MADRAS MANILA
MIDAN
* TONGHAE
(Bhuket)
TINOTAL- *KOKOHAMA
AMRITSAR DAXGION BATAVIA
ILOILO
-BAIGON
IPOH
ARREHRAN
KARACHI
SHANGHAI
SINGAPORA
BITIAWAN
NOURABAYA
TAIPING
TIETZSIN
NEW YORK PŘIPING AN
8
Pennsylvania R.R.
*1*
Canton
323
Philadelphia Read, Coal
3/16*
Chefco
841
Philips Petroleum
40
Colombo Malacca Sungei
157
Public Service of NJ, ...........
281
Dairen
17
Foochow
Pullman Inciner
251
Manila
·Muar
191
Pure Ol
7
231
Hankow
Radio Corpn. of Am.
SA+
Patani Swatow
Mukden Tokyo
Harbin
41
Reading Company,
Com
134
Iloilo
Priping
Remington Arms Co. Inc.
Ipob
53
Republic Aviation Corp....
4
26
Republic Steel
214
41,
Revere Corp..
104
in
:75
Reynold Tobac. "B"
311
41
201
Safeway Stores
41+
Schenley · Distillers
101
Sears Roebuck
754
21.
Shell Union of
107
50
37
Bocony-Vacunum " Of
81
Southern Pacific
181
Southern Rly 35 pid.
21
TRUSTEE and EXECUTOR business undertakei.
London Singapore Lyons Sourabaya
Haiphong (Johore) Tientsin
New York Tsingtao
Yokohama
Penang
(Paking)
FORK.ON EXChange and General Banking Businest transacted.
CURRENT ACCounta opened and FLIED Deroars received for One Year or aborter periods in Local or Other Currencies at rates which will be quoted on application."
SAVINGS ACCOUNTS also opened in Local Currency and Starling with interest allowed at rates obtainable 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 Trustee shorter periods in Local and Other business, and claims recovery of" Currencies which will be quoted on British Income Tax overmeid, on application,
terms which may be zasertained at
SAFE DEPOSIT BOXES of any of the Agencies and Branches. various sizes to let.
R. A. CAMIDOE,
Manager.
181
Spicer Manufacturing Co. 364
81
Standard Brands
27
Stand Gas & Elec.
1
20
HONGKONG SAVINGS
BANK
Standard Of of Californis
18+
18
Standard Oil of 'NJ.
33!
76.
The Business of the sbora Bank
Stone & Webster
71
is conducted by the HONGKONG
BANK OF BAST ASIA,
LIMITED...
161
Studebaker Cou
&
t SHANGHAI BANKING COR-
10
Swift International.........
171
334
Technicolor
ad on applicatión, ・・
6,598,800.00
33
Texas Corp.
382
Texes Gulf Sulphur
384
BANKING CORPORATION.
Portits
Timken-Axle
29
Trans-America ·Co.
44
7. M. GRAYBURN,
Chief Manager:
B
Hong Kong, 55th Feb., 1000..
20th Cent› FOL
13
Union Bag & Paper Corp.
121
54
Union Carbide & Carbon
631
THE CHASE BANK
32
Union Pacife
752
49)
United. Aircraft:
..424
14
United Allines Trans
15
11
United Corpn
134
United Corpn. $3 cum pt.
201
12.
United Gas Corpn.
13/18
HEAD OFFICE:
}
19, FINE STREET,
NEW YORK.
Chief Manager
821
18
United Gas Improvement
91
US Industrual Alcohol ...:
234
151
US. Rubber
242
251
US, Rubber $8 píd.
864
193
1.8. Smelting
64
Interest Rates on Application.
101.
U.S. Steel
6'7+
71
Vanadium
-32)
Esterin
Loudon
Bombay
Manila
Melbourne
Balpboot Haskow Homniatu tobe
Balgo
Bingapore Bourabaya
Öyley
"Semaisag Shanghal
511
Vultee Aircraft
72"
23/
147
Walworth Co.
51
Warner Bros., Plet.
2
Westinghouse Elec.
351
Woodward Iron Cor.
1021 32
34
393
Chase National Bank National City Bank
324
28
261
1840
DOW JONES AVERAGE
High Low Dow Jones Averages
152.80.111.84 30 Industrials
32.67 29.15 20 Rails.
Dec. 20, 1940. Dec. 18, High Low Close
129.42
27.25
Utilities
19.08
129.13 128.19 120.84 $7.30 27.04 27.09 18.65 18.41 19.51
Change 58 off
Authorised Capital
18. off
Bubeerthal Capital
.17 qff
Puid-ny Capital-.
Reserve Fund and Best,
90.83
64.07 48.47 11+ Commodity Index $6.00
90.69 55.99
24 off
.10 off
BANKERS:
Business Done:-700,000 shares
No comments yet.
Private notes are available after approval.