£
Amer. Can
1071
American Cyanamid B.
Canton-Kloon Rly. 5% Chinese 41% Gold Loan
921 17
| Amer, & Foreign Power
SINGAPORE RUBBER
1898 (Brit, Issue)....... 57 Chinese 5% Gold 'Bonds,
1925-47
Amer. Locomotive
25
Montgomery Ward
Amer. 'Metals Co..............
National Aviation
141
at. Dairy Products
151
SPOT
52
Amer. Radiator
Chin..41% Anglo-French"
Loan, 1908
50
Amer, Rolling Mill ................. Amer. S'ting and R'ing Co.
Net. Distillers
211
JAN.-MARCH
191
531
National Gypsum
113
APRIL/JUNE
National Lead
Chinese 5% Crisp Loan,"
Amer, Sugar Refining
24
1912
*48
Amer. Tel. & Tel
169
Nat Power & Light
91
Chinese 5% Reorg. Loan,
1913 Lan. Is.)
Amer. Tobacco “E”
811
National Steel Corp.
743
42
Amer, Waterworks ....
12)
Nat. Supply Corpa......
104
Chinese 8% Ster. Notes.
Anaconda Copper ....
New York Central
207
331
1925 (Vickers)
13
Atchison, T. & S. Fe.
Niagara Hudson Power
7%
201
Chin, Imperial Bly, 5%
Auburn Motors ...
3
N. American Aviation
28-1
Loan
.....
Ronan Rly 5%
Hukuang Rly, 5%. 1011... 17
བསྒྲུཎྜ
50
Baltimore & Ohio
71
North American Co.
23
15
Barber Asphalt Ce
17
Northern Pacifc
•
101
Barnadell O....
143
Owens-linois Glass Co.
643
Hukuang Rly. 5% 1911
(German Issue)
sendix Aviation
321
Pacific Gas & Elec.
31
16
Bethlehem Steel
87
Paclac Lighting
47
Lung Tsing & U. Hal Rly."
Bilss & Co.
171
Packard Motors
44
5% 1913
14
Boeing Airplane Co.
291
Paramount Pictures
B
ghat-N'king Rly. 5%....
20
Borg-Warner
Pennsylvania R.R
24
-
Tientzia-Pukow Riy, 5%
Biggs M'facturing
241
Phelps-Dodge
411
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, November 7.
NEW YORK STOCK EXCHANGETM
STOCKS"
The following quotations are the Adams Express ....... middle prices at the close of the Alleghany Steel Co. market in London. All quotations Allied Stores ..... are subject to confirmation and Allis Chalmers ... go responsibility' is assumed for errors in transmission,"
War Loan, 34% Red
after 1952)
Aluminium Ltd
Amerada Corp.
QUOTATION
401
NOV. 7, 1839
Last Bald "Nov. 6
* STOCKS
Last Sale
Nov. 8
9
Kennecott Copper
Lakey Foundry & Mac...
Libbey-Owens-Ford
Glass
52
Lockheed Aircraft
32-
Loew's Inc.
104
8598 | 577858 8 A
351
314
Ameri & Foreign' 7 pt.... 261
American Gas & Mec
Mack Truck Inc.
Manhattan Shirt Co.
Martin, Glen L
McKesson & Robbins, pfd. Monsanto Chemical"
108
། |རྩ་རཱྀ;
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
THURSDAY, NOVEMBER 9, 1939.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.. 850,000,000
INDIA, AUSTRALIA `
AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1853
Paid-Up Capital £6,500,000 Reserve Fund
Reserve Funda;
Sterling
...$20,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors" Proprietors...
.£3,000,000 ..£3,000,000
£3,000,000
HEAD OFFICE: LONDON:
The market was steady."
change
up 1 cent
A
WHEAT: The market displayed an early strength under the in- fluence of the firm cash market and a good volume of Commission House demand, but afterwards lagged on profit-taktig and realizing. We would advise taking profits on any bulges and wait for more de- finite developments of the weather conditions and the Dutch and Belgian peace moves
NEW YORK STOCKS: Previous close, 151.46; Today's close Closed,
NEW YORK COMMODITY MARKET
(By Courtesy of Messrs, Swan, Culbertson & Fritz and S. F. Levy & Company)
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, Ext, Hon. Mr. S. H. Dodwell, D. F. Landale, Esq.. G. Miskia, Esq..
K. S. Morrison, Esq., Hon. Mr. T. E. Pearce,
EV. Wilkinson, Esq.
Sir Vandeleur M. Grayburn,
38, Bishopsgate. E.0.2 Sub-Agencies in London: 117/122, Leadenhall Street, E.C.3. West End Branch: 14/16, Cockapur Street, 8.W.1. Manchester Branch: 52, Mosley Street, Manchester, 9.
AGENCIES AND BRANCHES:
ALOR STAR HARBIN AMRITSAR
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
PENANG EONG LONG RANGOON
ILOILO ..IPOR
AGENCIES:
Chief Manager. FAIRLIN PLACE
SITIAWAN
November 6 buyers sellers
28-3/4
New York, November 7.
November 7 1 buyers sellers 37-3/4
35-1/4
38-1/4
34-1/2
35-1/2
BAIGON
ነ፡
SEREMBAN
KARACHI XLANG KOSE
SHANGHAI
SINGAPORE
CLITE STREET KIVALA
BOURABATA
(Brit. Stpd.)
14
Brooklyn-M'hattan Trana.
117
Phillips Petroleum
421
Tientsin-Pukow Rly. 5%
Brooklyn-Manhattan 36
401
Pittsburg Coke & Iron
101*
(German Stpd.)
14
Canadiar. Pacifle F’way.
Public Service of N.3.
397
51
Chicago Wheat, Dec.
Tientsin-Puko
Rly. 5%,
Case J, I.
811
Pullman, Inc.
361
Chicago Corn. Dec.
Higb Low
89 872 877 877 unch. 50% 500 501 601 toff
(Brit. Stpd. Supl, Lean). Tientsin-Pukow Rly 5% (Ger, Stpd, Supi. Loan) Jap. 5% Ster, Loan, 1907
14
Celanese
271
Pure Oll
81
CHICAGO WHEAT |
Close
Opening
Closing
Chesapeake & Ohio
412
Radio Corps of Am
81
14
52
Chrysler Corpn
867
Reading Company, Com
181
December
877/88
872/88
88/877
Climax-Molybdenum Co.
471
Reading Company, 1st pid
261*
May
36+/87
881/87
86+/861
Jap. 8% Ster. Loan. 1924 561 Ger. 7% Intl. Loan, 1994 8} Chartered Bank
Colts Patent Fire-Armas ...
86*
Remington Arms Co., Inc.
53*
July
851/851
851/851
841/841
Columbla Gas & El.
7
Republic Aviation Corp.
73
CHICAGO CORN
187
Columbia 8% "A" pf.
82
Republic Steel
26
December
509/501
50/501
50/501
HK. & S'hal Bank (Ldn.
Commercial Crèdit Co.
462
Reynold Tobag. "B"
37
May ..
53/59)
53/531
527/53
Regi
85
Com. & Southern (ord)
12
Richfield Of
91
July
54/64
534/531
H.K. & S'hai Bank (Cal
Reg.)
Colmonwealth $6 cum.. pfd.
Saleway Stores
4911
WINNIPEG WHEAT
85
Consolidated Edison.
311
Schenley Distillers.
14
Chinese Eng. & Mining
(bearer)
19
Consolidated O!!
8
Schenley Distillers $5 pfd.
"?
December ....
697/691
70/TO
70 A
Chosen Corporation ......
6/0
Continental Can
433
Sears Roebuck ......
854
May
Pekin Syndicate
Continental Of
21
Shell Union Oil
14
July
747 a 764 a
S'hai Hec. Constr. Co,
13/9
Com Products
6-1
Socony-Vacuuma ofi
13#
S'ha Waterworks "A"
11
Curtiss Wright (C)
121
Southern Pacific
161
Union Insurance
22+
Curtiss Wright "A"
31
Southern Rly $5 pld.
311
Gula Kalumpong Rubber 20
Deere & Co.
231
Aperry
491
Allied Ironfounders
15/3
Distillers Corpn. Seagrams
161
Spicer Manufacturing Co.
314*
NATIONAL LOANS
BILL
Asso. & Elec. Industries 40/6
Douglas Aircraft
25
Standard Brands
મૈં
Austin Motors, ord.
16
Du Pont de Nemours....
178
Stand Gas & Elec......
27
Cable & Wireless, New
Engle Picher Lead
131
Standard Oil of California
$81
LONDON, Nov. 8 (Reuter)-The House of Commons adopted a re-
Bar Gold, Fine per oz., 168.
Form, ord.
481
Eaton Mig Co.
2811
Standard On of NJ.
481
solution on whien the National
Stone & Webster.
123
Loans Bill will be based. Sir John
B.-A. Tob. (bearer)
92/6
Elec. Autolite
37
Mercantile Bank
.111
Elec. Bond & Share .......
87
Swift International
321
Technicolor
133
Cammell Laird, ord.
6/6
Clec. Bond & Share $5 pf.
583
Mexican Eagle
7/0
¡Elec: Bond & Share $8 pf.
· 881
Texas Corpn.
471
Courtaulds
30/101
Distillers
68/6
Elec. Power & Light 57 pf. Flintkote
32
Texen Gulf Sulphur
35
211
Trans-America Co.
74
Dunlop Rubber
29
Food Machinery Corp.
20th Cent. Fox.
141
20th Cent. Fox. $1`pf.
2321
Gen.. Electric (England)
75/3
Gen. American Trans.
551
Quinness (A) Son & Co.
83/9
Gen. Electme.
401
Union Carbide & Carbon
881
Hawker Siddeley Airc....
16/9
Gen. Motors
541
Union Pacinc
1011
Bristol Aeroplane.
16/7)
Gen. Rallway Signal
22
United Aircraft
49
Imperial Chemical Ind.
3079
Gen, Tire & Rubber
231
United Airlines Trans.
12
Imperial Tobacco
118/9
Glidden Co.....
181
United Corpn...
24
Marks & Sp'cer "A" ord.
51/3
Goodrich (B.F.) .....
21
United Corpn. $3' cum. pf.
38
Rolls Royce
96/3 Goodrich $5 pl.
.661
United Gas Corpn.
21
16
Leyland Motors
89/41
Goodyear Tire & Co.......
261
United Gas Improvement
144
Tate & Lyle ...
59/3
Great Northern Iron Ore
18
| US, Industrual Alcohol,
234
Turner & Newall
74/4)
Great Northern Riy, píd.
US. Rubber ......
401
291]
United Steel
22/9
Great Western Bugar
301
U.S. Rubber s8 pfd.
110
TIN
U.S. Steel
737
Smethwick Drop Forg.... 13/3
Greyhound Corpn.
171
Vanadium
357
Armstrong Stevens, ord.
Β
Hercules Powder Co.
84
"2
Walworth Co.
B7
Pressed Steel, com.
15
Homestake Mining
56
Standard, Cash 230
Warner Bros. Pict.
4}
Vickers, ord.
Woolworths
17/71 62
International Harvester
621
Standard,
Westinghouse Elec.
11211
int. Nickel
41
3 months 230
Woodward Iron Cor.
271*
Anglo-Dutch
28/6
int. Tel. Tel.
41
Rub. Plant. Invest. Trust · 33/9
Johns-Manville
78
Chase National Bank National City Bank
301"
231*
Burma Corporation
9/0
I & Laughlin Steel $7 pfd. 773
Commonwealth Mining..
W
Marsman Investments...
13/6
Randfontein Estates
*-bid.
—ex. div.
31/6
Western Holdings
11/9
DOW JONES AVERAGE
Bub-Nigel
207/6
1939
Tanami Gold Mining..
3d
High Low Dow Jones Averages
Anglo-Iranian
59/41
155.92 121.44 30 Industriais
Burmah
63/0
35.90 24.14 20 Baile
33 R4
Shell Trans. & Trad
27.07.20.70 20 Utilities
26.01
Nov. 7, 1939, Nov. 4. High Low Close 155 38
152.35 150.77 151.48 33.90 33.44 33.57 28.15 25.76 26.05
32.29 84.51 40 Bonds
90.49
90.52
{bearer)
87/6"
60.53 45.59-11 Commodity Index 65,89
*Nominal
Business Done :-1,270,000 shares
Hong Kong
EXCHANGE
MONEY AND
W!
CLOSING QUOTATIONS Sterling Notes:-
NOVEMBER 8.
On London:-----
1939
--Telegraphic" Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1/3 1/4
On Shanghai:- On-demand
On Singapore:-
Ún demand
On Japan:-
On demand
On India :-
260
Bank Buying Rate... 1/37/8 Bar Silver per oz.
23 7/18
Market Report
FROM" ROZA BROS.
Silver prices rose pesterday to say with sellers at 5.1/16 for Spot. the extent of 3/8 for Ready and US. Dollars opened with sellers at 52 3/4 1/2 for Forward, the quotations 8.31/32 for Spot and towards the being 23.7/16 and 23.1/2 respective close there were sellers for Bpot at
103 1/2y. Silver advices reported Specu- 8.3/8.
lators and India as having bought.
Telegraphic Transier.82 2/9 The New York market was closed
and demand
Un New York:-
"Bank Bills, on demand 24 7/16 Credits, 60 days' sight 25 1/4
On Batavia :--
On demand
On Paris:-
yesterday.
"
U.S. Dollara
58-31/33 $8-3/8
8-15/16 8-11/32 8-13/18
8~7/32 Market: Uncertain.
Merchant Rates Sterling: 0/5-1/15. U.S. Dollars. 38-5/16.
Silver Duty Rate
The Central Bank of Ching's rate on London at 10 am, to-day Was 1/2-1/24. unchanged from
The market was steady but quiet, Shanghai Exchange
Shanghai, Nov. 6 (Reuter),
Official T.T. Ratex
Opening yesterday. 0/5!
The London/New York cross- rate was quoted at 402.
40 1/4
Dyll.
Market
Sterling
Bank Bills, on demand 1:00.
Credits 4 months' sight 1146 ·
Un Saigon
On demand
Small seller
at-1/3 for Caáh and 1/2.31/32 November-January, buyers at 1/3.1/32 Cash and. 1/3 December. ***
London
New York
Japan
India
Paris Hongkong
196
Du
ana:–
On demand
48 7/8
Spot
U.S. Dollars
Nov
149 1/2
Sellers "at
24.9/10 November,
Dec
On Bangkok:-
On demand
8-1/4
35-1/8
27-5/8
3.66 33-1/4
Sellera Opening / Olosing 0/5-15/32 0/5-3/32. 0/5-15/320/5-3/32
0/5-13/32 0/5-1/32
The Equalisation rate waa 24+ per cent,
Calcutta Exchange
Calcutta, Nov. 7 (Reuter), TT, on Japan, 79-3/4,
india Rupee Paper
Bombay, Nov. 7.(Router). Govt. 31% Rupee, 85-12-0,
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAL, TSINGTAU, CHEFOO
and TIENTSIN..
KOBE and 'OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
For further particulars.
please apply toni
JARDINE MATHESON&Co.,Lrn. TELEPHONE 3O3I · GENERAL MANAGERS
75/75 761/761
LONDON GOLD
London, Nov. 7 (Reuter).
Simon, Chanceller of the Exche-CONSIGNEES' NOTICES
quer, explained it would empower the Treasury to borrow as under the War Loan Acts of the last war. The resolution will empower the Treasury to borrow any sums for the year ending March 31, 1939, plus £250,000,000 and any sums re- quired for the repayment of matur- ing securities The terms of the proposed loan will be decided on a time issue.
LONDON METALS
dia
EXCHANGE
London, Nov. 7 (Reuter).
buyers sellers
起
unquoted
unquoted
SILVER MARKET
LONDON SILVER London, Nov. 7 (Reuter. Silver Speculators bought. In- bought forward. Offerings small. Market "quietly steady. In Chang the aftemoon, the market was
90 off quietly steady. 27 ott .04 up .03 up 55,54 .15 of
Spok, 23-7/16d. Forward, 23-1/20.
BOMBAY SILVER Bombay, Nov. 7 (Reuter), Market-Qulet but steady. Offtake
buyers at 24.11/16 for Cash and 10 bars. 24.5/8 December.
Shanghai Dollars Opened with sellers at 270 and towards the close there were sell- exs at 200, ...
Indian Mint Silver
Ready, Dec. 5 Settlement Jan, 8 Settlement
81-05
61-08
61-13
Erratic. Sterling opened with sellers at 5.15/32 for spot. To- wards the close the market was
BDot
Nov. Dec.
Shanghai-Market
L
SERVICES CONTRACTUELS DES
MESSAGERIES MARITIMES.
UUNSIGNEE NOTICE,
24'A/39.
BRINGING CARGO FROM MARSEILLES via SAIGON,
NONSIGNEES are hereby informed that their goods with the exception
of Opiam, Treasure and Valuables are being landed & stored into the godowns of the Hong Kong Kowloon What and Godown Co., Ltd. Kowloon, whence delivery may be obtained immediately after landing.
All Claims must be sent in to me on or before the 18th Nov, 1938, or they will not be recognized.
Damaged Packages will be examined by the Company's Borveyors, Messrs. Goddard & Douglas in the presence of the Consignees at 10.00 aJA, DU Monday, the 13th Nov. 1938.
Conngnees must haves Herende Officer in attendance when any datiable goods are examined by the Company's Surveyors.
No Fire Insurance will be affected by na in any case whatever.
E. OHL,
1939.
Sou rabaya Sungei
Pataui
Haiphong Muar Swatow
(Johore) Tientsin Mukden Tokyo New York Tsingtao
Yokohama Peiping
NEW YORK PRIPING
(Peking)
(Bhuket) TRINGTAO
TOKOBAMA
FORZION EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS 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
ACCOUNTS opened in 04 application. LOCAL CURRENCY and FIXED DEPOSITS The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee other Cur: business, and claims recovery of terms which will be British Income Tax overpaid, on terms which may be ascertained at ALSO up to date SATE DEPOSIT any of the Agencies and Branches. Box in various sizes To Le
R. A. CAMIDGE, Hong Kong, 25th September, 1939.
Manager.
HONGKONG SAVINGS
BANK
THE CHASE BANK
15. QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
The Business of the above Bank, 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
Authorised Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directora: Sir Shouson Chow, Chairman Li Koon Chan, Esq. Li Lan Sang, Eng. F. K. Kwok. Esq. Wong Chu Son, Esq. Wong Tun Tong, Esq. Kan Ying Yo,
Ching
Fung lag Kan Tong Po, Esq., Chief Manager. Li The Fong, Esq., Manager.
Lobe
Branches and Agencies :--
Singapore Bangoon Bourabaya
dech Fro- Sydney
isoo Tiantan
New York Seattle Vancouver Park
Palping Shanghai
ie, PING 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 CHARX NATIONAL BARI, NEW Toax, with Resources of ove U.3.$2,000,000,000.
D. M. BIGGAR,
Second Vice Pres
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 CHISA) 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 ROAD, "C:
South China Offices:
CANTON " SWATOW
KONGMOON TOISHAN
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- SHIUCHOW KINGCHOW ceived for one year or shorter
We also handle the issue of Bonds periods in Local and Foreign Car and other Public Funds of the rancies on terms which will be Chiness Government both at Home quoted on application
SAFE DEPOSIT BOXES TO LET...
and Abroad.
Amoy
Branches: Ipoh
Bangkok
Johore
Penang Rangoon
Batavia
Kobe
Saigon
CANTON CAWNPORN CKBB COLOMBO DEL 1 HAIPHONG
LUMPUR
TAIPING
KUCHING
TIENTSIN
MADRAS
TONOKAR
MANILA
MEDAN
Bombay
Kowloon
San
Calcutta
Kuala
Francisco
HAMBURG HANKOW
Canton
Lumpur Shanghai
Chefoo
London
Singapore
Colombo
Lyons
Dairen
Malacca
Foochow Manila
Prev. To-day's
Change
Hamburg Close Close Change
Hankow Harbin Hongke Iloilo
unch,
CURRENT
off
off
periods in Local and rencies on
of
quoted on application.
of
Of
kup up of
5,598,800.00 2,883,932.01
ir
Amay
Kevricos Pensag
Batavia
London
Bombay
Kanila
Unionti
Xolbour
Haiphong
Napaka
Senolata
Begon
Bwatos
Bemarang
Agent
(815
KAN TONG PO
Chief Manager.
SHOU J. CHEN,
Manager.
H
11
Page 10Page 11