QUOTATION

(KKUTER'S SERVICE)

STOCKS

Londen, Nov. 23. . The following quotations are the middle prices at the close of the

Last Sale Nov. 4

NOVEMBER 5, 1939.

STOCKS

Adams Express

97

}

Last Sale Nov, +

Alleghany Steel Co. ..... Allied Stores

24

Lakey Foundry & Mac..

41

101

[Libbey-Owens-Ford

Glass

521

43

Aluminium Ltd

Lockheed Aircraft

33)

104*

Amerada Corp.

Loew's Inc. .....

354

Amer. Can.....

Mack Truck The.

1084

£

American Cyanamid B

311

Manhattan Shirt Co.

Amer. & Foreign Power

21

Martin, Glen L

431

911

Ameri & Foreign #7 pt.... 261

McKesson & Robbins, píd. 17

Canton-Kloon Rly. 5% 14

American Gas & Elec

363

Monsanto Chemical

1083

SINGAPORE RUBBER

Chinese 41% Gold Loan

Amer. Locomotive

263

Montgomery Ward.

542

1898 (Brit. Issue)...... Chinese 5%, Gold Bonds,

53

Amer. Metals Co.

261

National Aviation ...........

144

SPOT.

...1925-47

47.

Amer. Radiator.

101

Hat. Dairy Products

184

JAN./MARCH

Chin. 44% Anglo-French

Loan, 1908

Amer. Rolling Mili ........

191.

Nat, Distillers

243

APR./JUNE

45

Amer. S'ting and Ring Co.

548

National Gypsum

12

Chinese 5% Crisp Loan.

1912

Amer, Sugar Refining

241

National Lead

221.

The market was steady.

| Amer. Tal. & Ti ̈

169

Nat. Power & Light

8+

Amer. Tobacco, “B”

811

National Steel Corp.

75

38+

Amer. Waterworks

137

Nat. Supply Corpn.

101

New York Central

Anaconda Copper

341"

211

Atchison, T. & S. Fe.

301

Niagara Hudson Power

71

Auburn Motors ...

N. American Aviation

28

Baltimore & Ohio

71

North American Co........

231

Loan

Hon

---

Barber Asphalt Co

171

Northern Pacific

11

Barnsdall Of ........

15

Owens-Illinois Glass Co.

65

Bendix Aviation

320

Pacific Gas & Elec.

30#

14

Bethlehem Steel

88

Pacific Lighting

401

Bliss & Co.

181

Packard Motors

#

5% 1913.

14

Boeing Airplane Co.

30+

Paramount Pictures

81

PAGE 10-HONGKONG DAILY PRESS

FINANCE & GENERAL

FOREIGN MARKETS & QUOTATIONS

LONDON STOCK. NEW YORK STOCK EXCHANGE

EXCHANGE

market in London. All quotations As Chaimers are subject to confirmation and

no responsibility is assumed for errors in transmission,

War. Loan, 31% (Red

after 1952)

$55

13

Chinese 5% Reorg Loan.

1913 (Ldn. Is.)

Chinese 8% Ster. Notes,

1925 (Vickers)

Chin. Imperial Rly. 5%

. Rly. 5%

Hukuang Rly. 5%. 1911.... 15

Hakuang Rly. 5% 1911

(German Issue)

Lung Tsing & U. Hai Rly.

ཚུ ་ྭ 3, "-

PAYNE & CO.

"COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

MARKET REVIEW

(FROM PAYNE & CO.)

COTTON: Continued general demand advanced prices easily and the market, was strong technically. A small amount of December liquidation was well" absorbed. Sentiment was more favourable on the belief that the existence of shipping difficulties is likely to en- courage the carrying of larger cotton reserves abroad.

WHEAT. Unfavourable weather news continued, but there was no new Incentive to stimulate any follow-up buying an advances. The ex- port market was quiet.

TUESDAY, NOVEMBER 7, 1939.

BANKS

HONGKONG & ̈ SHANGHAI] THE CHARTERED BANK OF

BANKING CORPORATION

"

INDIA, AUSTRALIA AND CHINA

Authorised Capital....... 850,000,000

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1805

| Paid-Up Capital £6,500,000 Reserve Fund

Reserve Funds:

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

prietors...

Proprietors....

$20,000,000

Head Office:--HONG KONG

Board of Directors: Hon. Mr. A. L. Shields,

"W. H. Lock, Esq.

Chairman.

Deputy Chairman,

J. K. Bousfeld, Esq., A. H. Compton, E., Hon. Mr. S. H. Dodwell, D. F. Laudale, Esq., G. Miskin, Esq...

K. S. Morrison, Esq.,

· Hon, Mi. T. E. Pearce, A. V. Wilkinson, Esq-

Sir Vandeleur M. Grayburn,

Chief Manager.

Branches; Ipoh

£3,000,000

£3,000,000

..£3,000,000

HEAD OFFICE: LONDON:

38, Bishopsgate E.0.9.

Sub-Agencies In London: 117/192, Leadenhall Street, E.C.3. West End Branch:

14/16, Cockapur Street, &W.1. Manchester Branch: 62, Mosley Street, Manchester, -2.

AGENCIES AND BRANCHES:

HARBIN HỒNG TONG RANGOON

ALOR STAR AMRITSAR

BANGKCK BATAVIA BOMBAY

CALCUTTA

AGENCIES: KDAE

KUALA

PENANG

BAIGON

"BAREMBAN SHANGHAI

·TIENTSIN

TONGKAK

(-Bhuket) TRINGTAO

COMMODITY

November 3 buyers sellers

36-5/8"

135-1/8

New York, Nov. 4, 1939.

November 4 buyers sellers $7

·35-1/2

change Up 3/8 Up 3/8"

34-5/8

34-3/4

wwwwww

Up. 1/8

ILOILO ІРОН

KARACHI KLANG

SINGAPORE

SUTIAWAN

RUBBER: Some factory buying was evident. The continued weakness in Sterling is a market factor.

Amoy

Bangkok

Johore

Shal-N'king Rly. 5%

15

Borg-Warner

261

Pennsylvania R.R.

242

241

Tientsin-Pukow Rly. 5%

Biggs M'facturing

Phelps-Dodge

421

(Brit. Stpd.)

13

Tientsin, Pukow Rly. 5%

(German Stpd.)

13

Tientsin-Pukow Rly. 5%

(Brit, Stpd. Supl. Loan)

13:

Tientsin-Pukow Rly. 5%.

(Ger. Stpd. Supi. Loan) Jap. 5% Ster. Loan, 1907 Jap. 6% Ster. Loan. 1924 54

13

50

Ger. 7% Intl. Loan, 1924 Chartered Bank

8

EK. & S'hal Bank (Ldn.

Rezi

ཤཱ ུཏུ་ཏྟཱgཝ་སུ

Brooklyn-M’hattan

Trans.

117

Phillips Petroleum

431

Brooklyn-Manhattan $6.

403*

| Pittsburg Coke & Iron

101*

Canadian Pacific Riway....

51

Case J. I.

28

Celanese

Chesapeake & Ohio

42

Chrysler Corpo

Cilmax-Molybdenum Co.

Colts Patent Fire-Arms -..

Columbia Gas & El.

7+

Columbia 8% “A” pr.

Commercial Credit Co.

821

11

Com. & Southern (ord)

H.K. & S'hat Bank (Cul.

Colmonwealth $6 cum. pfd.

Reg.)

$24

Consolidated Edison

Chinese Eng. & Mining

(bearer)

18

Consolidated Oll

Continental Can

Chosen Corporation

Continental Oil

.37

191221 -38~236 * * 8 *

Public Service of N.J.

404

821

Pullman Inc.

378

Pure Ol

Radio Corpn. of Am.

#s

Reading Company, Comi

181

471

Reading Company, 1st pfa

28*

871

Remington Arms Co., Inc.

57*

New York Cotton, Dec. New York Rubber, Dec.

Republic Aviation Corp.

71

Chicago Wheat," Dec.

Republic Steel

264

Chicago 'Corn. Dec.

473

Reynold Tobac. "3"

37

New York Hides. Dec,

Richfield Ou

91

Safeway Stores

471

NEW YORK COTTON

314

Schenley Distillers"

141

December

Schenley Distillers $54 pid.

January

441

Sears Roebuck

351

March

Shell Union Oll

14+

May

. Pekin Syndicate

13/9

631

Com Products

Bocony-Vacuure OU

131

July

S'hai Elec. Constr. Co...

5/6

121

Southern Paciic

167

Curtiss Wright (C.)

July (New Contract)

Shal Waterworks "A"... 10

311

Southern Rly $5 pfd."

321

Curtiss Wright “A”

Spot

Union Insurance

19

234

Sperry

491

Deere & Co.

Gula Kalimpong Rubber 18/11

161

Spicer Manufacturing Co.

$2

Distillers Corpn. Seagrams

NEW YORK RUBBER

Allied Ironfounders ....... Asso. & Elec. Industries

15

85-1

Standard Branda

54

Douglas Aircraft

40

1801

|Stand Gas & Mec.

27-

December,

Du Pont de Nemours

Austin Motors, ord,

18/3

131

|Standard Oll of California

28

March

Eagle Picher Lead

Cable & Wireless. New

297

"Standard Off of NJ.

481

May

Eaton Mig Co.

Form, ord.

481

38

Stone & Webster

13

July

Elec, Autolita

B.-A. Tob. (bearer)

90

9

|Swift International

124

September

Elec. Bond & Share

Mercantile Bank

111

59*

Technicolor

137

Mex, Bond & Share $5 pi.

Cammell Laird, ord.

8/6

69*

Texas Corpa..........

471

Elec. Bond & Share 8 pt.

Mexican Eagle

7/9

33.. Texes Gulf Sulphur

35

CHICAGO WHEAT

Mec. Power &. Light 37 pf.

Courtaulds

30

21+

Flintkote

¡Tran-Americs Co.

61

Distillers

66/9

56

20th Cent. Fox.

14

December

Food Machinery Corp.

Dunlop Rubber

27/11

20th Cent. Fux. $14 Dí.

231

May

Gen. American "Trans,

Gen. Electric (England)

75/3

41

Union Carbide & Carbon

801

July

Gen. Electric

Guinness (A) Son & Co.

85

541

Union Pacifc

101

Gen Motors

Hawker Siddeley Airc...

15

221

[United Aircraft

491**

Gen. Railway Signal

CHICAGO CORN'..

Bristol Aeroplane....

1674ł

24

Gen, Tire & Rubber

United Airlines Trans.

121

Imperial Chemical Ind.

30/3

191

United Corpn.

24

December

Gdden Co.

Imperial Tobacco

117/6

21+

United Corpn. $3 cùm pf.

381

May

Goodrich (B.F.)

Marks & Sp'cer "A" ord. 50/7

67*

United Gas Corpn.

24

July

Goodrich $5 pf.

Rolls Royce

96/3

Goodyear Tire & Co.

261*

United Gas Improvement

141

Leyland Motors "

88/9

Great Northern Iron Ore

181

US., Industrual Alcohol

241

WINNIPEG WHEAT

Tate & Lyle

59

Great Northern Rly, ptd.

291

US. Rubber

414

Turner & Newall

75

31

UB. Rubber #8 pid.

1104*

December

Great Western Bugar

May

United Steel

22/7

Greyhound Corpn.

18

U.S. Steel

A. 75

July

Smethwick Drop Forg.... 13/9

Hercules Powder Co.

83

¡Vanadium

37

Armstrong Stevens, ord. 5/8

Homestake Mining

561

Walworth Co.

19

NEW YORK HIDES

HIDES

Fressed Steel, com,

14/74

International Harvester

624

Warner Bros. Pict.

44

Vickers, ord.

17/7+

Int. Nickel

403

Westinghouse Inec.

114

December

Woolworths

60/11

Int. Tel. & Tel

S"

Woodward Iron Cor.

274

March

Anglo-Dutch

28

Johns-Manville

78

Chase National Bank

3*

June

Rub. Plant. Invest, Trust 31/9

Burma Corporation

9/6

J. & Laughlin Steel $7 pfd. 751* National City Bank..

291*

NY Sulver, Official

Kennecott Copper

41

NY/London Cross Rate 3.98-1/2

Commonwealth Mining..

Marsman Investments... 12/8

bid.

1-ex. div.

Randfontein Estates

36/3

11/9

DOW JONES AVERAGI

205

1939

Nov. 6, 1939,

3d

High Low Dow Jones Averages,

09.

15892-191.44 30 Industrials

Nor. 3, 152.64

.83/8

35.90 24.14 20 Rails

3479

97.07 90.70 20 Utilities

25.89

High Low Close 153.47 151.87 162.36 34.28 33.79 33.84 36.18 25.93 26,01

Chang:

.38 off

32.22 84.51 40 Bonds

90.44

88/104

60.53 45.59 11 Commodity Index 55.88

Western Holdings

Sub-Nigel

Tanami Gold Mining... Anglo-Iranian

Burmah

Shell Trans, & Trad

(bearer)

•--Norminal

BEQUEST "OUT OF FRIENDSHIP"

LAST SPEECH

Dr. A. F. Winnington-Ingram, 81- years-old Blahop of London, who has just retired, revealed that dur- ing his half-century's work in Lon- don his hobby has been star-gaz-

ין

Sir Philip Brocklehurst, lording. of

He revealed his secret in his .the

of manor

Heaton.

when he Swythamley, near Macclesfield, is address

to receive £15,000 under the will the Rev. R. M. La of a 78-years-old, widow.

inducted Porte

NEW BOOKS

John Murray will continue bust-

25 offness as usual from his London ad-

.04 op

NEW PUPPET GOVERNMENT

HANKOW, Nov. 6 (Reater).

01. up dresses, and Publication plans The Japanese-sponsored "Govern-

90.48 55.60 Business Done :-1,240,000 shares

06 up made for the Autumn before the ment in Hupeh Province, head- .19 off declaration of war will go ahead.de by Eo Pel-yung, was inaugurat-

with little alteration and dates offed in Wuchang, near Hankow. publication will be announced in the normal way,

GAS-MASKS AS BRIDAL "BOUQUETS"

On September 5 were published two children's books: Paradoc to the Rescue by Hampden Gordon with illustrations by the creator of "Mumile" Katharine Tozer, and Connie the Cow the latest issue of the delightful series written and Kundreds of young couples

illustrated by Cicely Englefield. strove to be in the first Hat of war weddings. At Chelsen Register On September 7 came the second Omice a young Polish couple were volume in the highly topical series Payne as rector of the City church married just as the Arst air-raid "Deeds That Held the Empire": By The glit "to be paid in priority of St. Mary Abchurch,

warning was sounded. "I have always made a study of to all other bequests"--is part of the £25,043 estate of Mrs. Em the stars," he said. "An astronomer Quickly they were ushered to the meline Frederica Bernard, of can never be an atheist, He sees shelter below, where they spent the Walsingham-terrace, Hove, who too much of the wonders of the first 70 minutes of their married life, Another couple were married

The only indefinite postpont. died in June.

Mrs. Bernard was the widow of a The induction was Dr. Winning-Just as the last note of the "allment is The Grand Whiggery by Marjorie Villiers which it was ori- retired sea captain, and for the top-Ingram's last ceremony as head clear" signal died away.

ginally intended to publish on the last two years of her life was

of the diocese: """

Stanley Marsh, supt.- wheeled in an invalid chair.

He was guest later at a luncheon (registrar at Chelsea, was in his same day. ONLY FRIEND.

skies."

given

Mr.

Land. It is by Major E. W, Shep- pard, and has a most commenda- tory foreword by Field-Marshal Lord Birdwood.

by Earon Ebbisham, a office for 14 hours. The rush con- An important volume whleb was St. Mary tinued, and Kensington and Caxton to be published on September 14,

"Sir Philip was her, only friend," churchwarden

at

member of Mrs. Bernard's Abchurch; at the City Carl Register omces were exceptionally is The Nazi Claims to Colonies by

household staff said. "His visits ton Club. There he made his last busy.. three or four times a year were speech as head of the diocese. quite an event in her life. Some-

times for days before he arrived she the baronstoy in 1904: He was with would talk of nothing

Shackleton's Antarctic Expedition Bir Philip, who is 52, succeeded to in 1907,

Granville Roberts, for it gives a

Most couples carried their gas remarkably informed statement or masks. To many they seem to be the position of Germany in Africa the conventional bridal bouquet! and her claims to Colonies. For Bome of the bridegrooms were in this book Mr. Dan Cooper has uniform.

written a foreword.

Iloilo

Patani

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNT opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates which.." will be quoted on application.

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

COREENT ACCOUNTS opened in on application. LOCAL CURRENOY and FIXED DEPOSITS |

The Bank's Hand Office in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur business, and claims recovery of rencies terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at" Also up to date Sara. DuroGIT any of the Agencies and Branches. Boxes in various sites To LET.

B. A. CAMIDGE, Hong Kong, 25th September, 1939.

Manager.

оп

HONGKONG SAVINGS

G

BANK

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

The Business of the above Banki is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Rules may be obtain- An ed on application.

For the Hongkong & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED

1

Authorised Capita!......$10,000,000,00 Paid-Up Capital ......... 6,598,600.00 Reserve and Undivided

Profita

2,893,932.01

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

Board of Direstora:

Sir Shonson Chow, Chairman

Lá Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Exq Wong Chu Son, finq. Wong Tan Tong, Esq. Kan Ying Po, Eng. Chaz Ohing Shok, Zaq. Fung Ping Wah Zeq

Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Esq., Manager.

A1201

Batavia Bombay Obra

Branches and Agencies:-~-

Belpheng Hakow

Korrioca

Loudon

Marila

Melbourn

Kagamis

How Tuck Paris

Palping

Penang Kingapore Ban200m Sourabayı Saigon

Swatow

Ban Festi. Sydney

slaco Tientsin Seattle VANCOUVER

Every description of Banking and. Exchange business transacted. Lorna granted on approved securitie

1

18, PIKE STREET, ..

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

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHALE NATIONAL BANK, New York, with Besources of ovar U.S.$3,900,000,000.

D. M. BIGGAR,

Second Vice Prez

BANK OF CHINA

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

∙BANK PAID-UP CAPITAL 840,000,000.00 (BRANCHES. ALL OVER ÜHINA) Owing to our numerous Branobes in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Office:-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

CANTON

Current Accounts opened in Local SWATOW Currency and Fixed Deposits re- SHIUCHOW ceived for one year or shorter

KONGMOON TOISHAN

KINGOHOW

We also handle the issue of Bonds

periods in Local and Foreign Cup and other Public, Funds of the

од

rencies terms which will be quoted on application.

SAVE DEPOSIT Boxes To Lar.

KAN TONG PO,

Chief Manager.

Chinese Government both at Home and Abroad.

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN,

KOBE and OSAKA ...

SINGAPORE, PENANG and CALCUTTA SANDAKAN HAIPHONG

For further particulare

please apply to-

JARDINE MATHESON&- Co.,Lrn. TELEPHONE ZOZILO GENERAL MANAGERS

Batavia Bombay Calcutta

Kobe

Kowloon Kuala

Penang Rangoon Saigon San

Francisco

CALE STITET FAIRLIK PLACE CANTON CAWNPO RE CERT COLOMBO DELHI

SOURABAYA

LUMPUR

TAIPING

KUCHING MADEAS

MANILA

WEVELAN

ኒኒ

HAIPHONG HAMBURG HANKOW

NEW YORK PRIPING

TOKOHAMA

NEW YORK STOCKS: Previous close. 152,64: 152.36: Change, Of 28

Canton

35.

Lumpur Shanghai

Today's close,

Chefoo London

Singapore

Colombo Lyons

Dairen Malacca Foochow Manila Haiphong Maar

Sourabaya

Sungei

Swatow

NEW YORK COMMODITY MARKET

(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)

Hamburg

(Johore)

Tientsin

Bankow Mukden Tokyo

Harbin Hoagkew

New York

Peiping

Tsingtao Yokohama

Prev. To-day's

Figh Low

Close Close Change

9.19 9.15 9.12 9.16

.04 up 20.34 20.20 20.18 20.20 88-1/4 87-3/8 87-3/8 87 3/8 51-1/8 50-1/8 50-7/8 50-1/4 14,25 14.10. 14.11 14.12b

.02 up

unch.

5/8 off

01 up

"

Close

Opening

Closing

Change

9.12/12

9.15/16

9:16/16

.04 up

9,07 N

9.09b

9.12 N

.05 up

8.97/97

9.00/00

9.02/04

.05 up

8.86/83

8.92/91

8.95/95

.09 up

8.89/69

8.77/76

8,79/80

.10 up

8.89 N

unquoted

8.99 N

10 up

9.37 N

9.41 N

.04 ap

20.18718

20:18b/35a, 20.20/20

.02 up

18.78/78

18.41b/482

18.78/78 18.35b/48a

18.75/75 18.39b/438

.03. off

.02 off

18.15/15

18.15b

unquoted

18.10 N unquoted.

05 OF

Total sales for the day:-220 tons.

871/87%

871/872

871/871

unch.

887/88/

87/871

381/861

0-1/8 off

851/851

854/854

851/851

0-1/8 off

Friday's sales:-22,842,000 bushels.

871/871

507/51

500/501

0-5/8 off

861/861

534/531

531/53

0-5/8 off

541/54

537/533

0-5/8 off

706. 75-1/8a

-701/701

70/701 751/751 78/1782

10-1/8 up

unch.

14.11 N

14.42/45

14.70/70

14.25/25 14.52/49 14.80/81

34-3/4

14.12b/25a 14.40/42 14.74/74 unquoted 3.96-1/4

01. up .02 off

Εστονίτι Кофе

Bemarang Shanghai

!!

SHOU J. CHEN,

Manager.

Page 10Page 11

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