PAGE 10 HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONGKONG
(FROM PAYNE & CO.)
Previous October 21
COMMODITY MARKET
NEW YORK, Oct. 21, 1940..
SINGAPORE RUBBER
SPOT
JAN.-MAR.
APR.-JUNE
The market was quiet. LONDON RUBBER
Previous close Today's close
SPOT
NOVEMBER
DECEMBER
JAN-MAR
APRIL-JUNE
The market was steady.
NEW YORK COTTON: In spite of the heavier crop movement, the bolstering effect of the loan continues to cause prices to re-, main steady. It is expected that close to 5,500,000 bales of this year's crop will have to seek refuge in loan stocks,. CHICAGO WHEAT: Offerings of new wheat are increasing. We
would only favour purchases on reactions.
NEW YORK STOCKS: Previous elose, 132.18; Today's close, 131.37:
Change. off 81.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE).
New York Cotton, Dec. New York Rubber. Dec. Chicago Wheat, Dec. Chicago Corn, Dec. New York Hides, Dec.
NEW YORK COTTON
Dec. (New contract) January
מנו 22.
MONEY AND
EXCHANGE |CLOSING=_QUOTATIONS OCTOBER 22, 1940
On London:-
Telegraphic Transfer. 127/ Bark Bills, on demand 1/2 78 Credits 4 montha' sight /31/2
On Shangha! -
On demand
Bank Billa, on demand 22 5/8 Credlis, 60 days' sight 23 1/2
NT11
98 1/2
Shanghai Exchange "
Shanghai, Oct. 22 (Reuter),
Official T.T. Rates
Londou New York
Japan India Hongkong
5-5/8
NEW YORK STOCK EXCHANGE
Bendix Aviation
QUOTATION
(REUTER'S SERVICE}
OCTOBER 22: 1940
WEDNESDAY, OCTOBER 23,
BANKS
1940.
HONGKONG & SHANGHAI THE CHARTERED BANK OF.
BANKING CORPORATION ·
Authorised Capital....... 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1800
Reserve Funds:
Paid-Up Capital ............ Sterling ........
..£3,000,000 £6,500,000 Reserve Fund
£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors
............£3,000,000 HEAD OFFICE: LONDON:
Hon. Mr. S. H. Dodwell,
G. Miskin, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
C. C. Roberts, Esq.,
36, Bishopsgate E.C..
Sub-Ageneles In London:
117/19, Leadenhall Street, E.C.s West End Branch: 14/18, Cockapur Street, S.W
Manchester Branch: 52, Mosley Street, Manchester, "2.
AGENCIES AND BRANCHES
ALOE STAR AMRITBAK BANGKOK DATAVIA
BOMBAY
L;
CALCUTTA
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Johore Rangoon
AGENCIES: GLAVE. STERET FAZLIK PLACK SANTON DAWNPORE CEBU.
BARDIN
HONG KONG ILOIL
IPOH
KLANG KOWE KUALA
11
PENANG
MANGOON
BAIGON
SEKIMBAN
КАВАСЯ
SHANGHAI
SINGAPOR
BITLAWAN
SOURABAYA
TAIPING
TIENTSIN
TONOKAH
LUMTUR KUCHING" MAD BAS MANILA
MIDAN
NEW YORK PRIPING
(Peking)
(Bhuket) TSINGTAO -TOKOHAMA
Faza EXCEANOR and Geutral Banking Business transacted.
CURRENT ACCOUT opened and FIXED DEPOSITA' received for One Year or shorter periods in Local or Other Currencies strates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed st rates obtainable LOCAL CUBESNOY and FIXED DEPOSITS (00 Kpplication: received for ene year or shorter The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and. elsima recovery of quoted un application.
British Income Tax overpaid, on
STOCKS
Last Sale
"STOCKS
Last Sale
Reserve Liability of
Oct. 21
Oct. 21
Proprietor
$20,000,000
Adama Express
51
Loew's Inc.
37
Head Ofco:-HONG KONG
REVIEW
385
Alleghany Steel Co.
231
Loft Incorperated
227
ti
On Singapore:---
Allis Chalmers
30"
Mack Truck Inc.
261
Board of Directors:
On demand
52 3/4
Aluminium Ltd.
78.
| Martin, Glen L
321
H. V. Wilkinson, Esq,
On Japan:
Amer. Can
942
McKesson & Robbins, p14.
277
On demand
105
American Cyanamid B.
363
Montgomery Ward
404
On India:-
Amer. & Foreign Power
11
Mitain City Copper Co.
31
Close Opening Closing" "Change Buyers Buyers
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
Telegraphic Transfer.
and demand
02 1/2
38-1/8
38-1/8 38-1/8 unch. 34-1/8 36-1/8 36-3/8
up 1/4 34-1:8 34-1/8 34-3/8
up 14
On New York:~
Amer & Foreign $7 pf. Amer. Locomotive .... Amer. Metals Co.
144
National Aviation
11
19*
Nat, Dairy Products
134
J. E. Bousfield, Esq., A. H. Compton, Esq.,
16.
National Distillers
201
Amer, Radiator
7
National Lead
171
Amer. Rolling Mili
121
Nat, Fower & Light
8
Ɔn Batavia:-
Amer. Sting and R'tag Co.
#13
National Supply Corp.
57
buyers
buyers
11-11/16
11-3/4
Change up 1/16
On demand On Paris:-
42 1/
Amer, Sugar Refining
133
New York Central.........
148
Amer. Tal & Tel
·1634
Niagara Hudson Power
4)-
11-3/4
11-13/15
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
amer. Tobacco "B"
74
N. American Aviation
171
Amer. Waterworks
91
North American Co.
191
11-3/4
11-13/16--
In Saigon:
11-3/4
11-7/8
up 1/8
On demand
11-5/8
11-11/18
up 1/16
in Manils:-
Anaconda Copper Atchison, T. & S. Fe..... Aviation Corp.......
227
Northern Pacific
16%
Owens-linols Glass Co.
54+*
Branches:
41
Pacific Gas & Elec
281
Amoy
On demand
..... 45 1/
Baldwin Lecometive
161
Packard Motors
3
Bangkel
Kobe Saizon
COLOMBO
DELHI
On Bangkok: ---
Baltimore & Ohio ...
***.
Pan-American Airways
151
Batavia
Kowloon Sar
On demand
1091/2
Barber Asphalt Co..
10*
Paramount Pictures
83
Bombay
Kuala
HAIPHONG
Francisco
On Sterling Notes:-
Barnsdall Ou
84
Pennsylvania R.R.
Calcutta
231
Lumpur
Shanghai
HAMBURG
BANKOW
1:
Bank Buying Rate Bar Silver per oz
Nou.
Canton
London
Singapore
304
·Philadelphia "Read, Coal
Chefoo
Lyons
23 7/16
Bethlehem Steel
807
Phillips Petroleum
Sourabaya
341
colombo
Malacca A
Sungei
Bliss & Co.
141
Public Service of NJ,
321
Dairen
Manila
Pataui
Boeing Airplane Co.
16
Pullman Inc...................
251
Foochow Muar
Swatow
Borg-Warner
183
Pure Of
61
Haiphong (Johore)
Tientsin
Briggs Mig.
22
Radio Corpn. of Am. «upase.
41
Haakon
Mukden"
Tokyo
Budd Mfacturing Corp.
43
Reading Company, Com
14′′
Karbio
New York
Tsingtao
Opening
Canadian Pacific R'way
32
Remington Arms Co., Inc.
floilo
51"
Peiping.
Yokohama
0:3-11/16
Cage, I
54.
Republic Aviation Corp. ...
5+
(pob
Penang
1
Celanese
287
Republie Steel.
181
23-7/8
Chesapeake & Ohio.......
403
Revere 'Corp.
117
20-3-/B N
Chrysler Corpn.
802
Reynold Tobac. "B"
343
Prev. Today's 9.51 9.48 9.48 9.50
20.28b 20,30b .02 up
851 35.
651 * 851
601 601
.03 up
up unch Spot
Oct.
Columbia Gas & Elec. Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Consolidated 0 Continental Can
6
Safeway Stores
43*
311
Schenley Distillers
91
14
Sears Roebuck
787
253
Shell Union Of
ཾ* ·
54
Socony-Vacunum Oil
71
381
Southern Pacific
81
>
Close
9.48/48 9.40 N.
Change
Nov
0/3-25/32 0/3-3/4
Continental Oll
171
Southern Rly $5 pfd.
21
9.40/48
9.423
9,50/60 9.390
.03 up .01 'off
U.S. Dollars
Copperweld Steel
191
Spicer Manufacturing Co. 33
March"
...... 9.48/46
9.47/47
9.45/45..
.01 ...off
Spot Oct.
$5-27/32 5-27/32
$5-3/4
Curtiss Weight (C)
71
Standard Brands
7
5-3/4
Curtiss Wright "A"
271
Stand Gas & Elec.
14.....
May
(
}
9.36/36
9.36/36
-9.34/34
.02 off
July
9.17/17
9.19/19
9:16/16.
.01 off
Nov. 5-13/16 Market: Uncertain.
5-3/4
Deere & Co.
201
Standard Oil of California
173
Distillera Corpn. Seagrams
177
Standard O of N.J.
32
October
B.76 N
8.78/76
8.77/77
Douglas Aircraft
84
Btone & Webster
81
Spot
9.57 N
9.56n.
Du Pont de Nemours
168
Studebaker Com,
8
Eagle Picher Lead
9.
Swift International
181
Eaton Mfg. Co.
347
Technicolor
81
"Elec. Autolite
361
Texas Corpn.
33
20.28b
20.35b/503 20.30b
.02 up
Elec Bond & Share
57
Texes Gul-Sulphur
January
20.10b
unquoted 20.15b
.05 up
SILVER MARKET
Elec. Band & Share $5 pt.
64
Timken-Axle
281
March
19,90/90
19.95b/20.00a 19.98/98
.08. up
Elec Bond & Share $6 pt.
73
Trans-America Co.
44
May
19.69/89
19.84/84 19.815
.12 up
Elec. Power & Light 87 pí:
391
20th Cent. Fox. ....
6.
-Total sales:-90-tons
No
Tintron
161
Union Bag & Paper Corp.
113
CHICAGO WHEAT
'Gen. American Trans,
491
Union Carbide & Carbon
72}
December
35/851
851/851
May
84;/843
842/841
851/854 842/841
Gen, Electric
341
★ up
up
Union Pacific-
812
Gen. Motors
49
United Aircraft
391
Saturday's sales-6,192,000 bushels.
Gen. Rallway Bignal
15
United Airlines Trans
18
Gen. Tire & Rubber
11
United Corpn.
2
CHICAGO CORN
Glidden Co.
143*
United Corpn. $3, cum pf.
33
December
601 601
60g/601
601/GO
unch.
Goodrich (BF.)....
12+
United Gas Corpn. .......
14*
May
611/611
810/611
611/811
Goodrich $5 pl..
59
United. Gas Improvement
11
WINNIPEG WHEAT
Goodyear Tire & Co. .......
151
Great Northern Iron Ore
144
October......
UB, Industrual Alcohol, U.B. Rubber
231
201
704b
701/701
701b
i off
NEW YORK HIDES
Tin. Standard, 3 months, Middle Price £260-1/4.
Great Northern Ely, pfd.
271
US. Rubber $8 pfd. ....
78
Great Western Sugar
20
U.S. Smelting
612
Interest Bates on Application.
December
March
12.85/86 12.80/93 12:52/56 12.58/51
12.88/88 12.53/53
.03 up .01
Greyhound Corpn.
11
U.S. Steel
61
SAFE DEPOSIT BOXES
Hercules Powder Co Homestake Mining
761
Vanadium
331
471..
Vultee Aircraft
g
Int Nickel ..........
231
Walworth Co.'
44
31-3/4
4.03
Inter. Paper & Power ......
148
Warner Bros. Pict
21
Int, Tel. & Tel
2
Westinghouse Elec.
1071
Kenrecott Copper
311
Lakey Foundry & Mac. Libbey-Owens-Ford Glass 431" Lockheed Aircraft
Woodward Iron Cor. Chase National Bank National City Bank
301
1321⚫
271*
20
GOA 601 12.93 12.72 12.85 12.88
Openinz Closing..
Total sales Saturday:-41,200 bales.
NEW YORK RUBBER
December
Total sales for the day:-107 contracts. NY Official Silver... unquoted NY-London - Cross Rate 4.03
.
לוי
Sterling
· 24-1-2
Sellers
Opening Closing 0/3-51/64 073-3/4 0/3-51/64 0/3-3/4
,01 up
01 offCalcutta Exchange...
Calcutta, Oct. 21 (Reuter). TT. on Japan, 81-1/4.
קון
LONDON SILVER
London, Oct 21 (Reuter).
Silver-Marke: very quiet.
business,
Spot. 23-7/16d.
Forward. 23-3/88.
LONDON METALS
"EXCHANGE
London, Oct. 21 (Reuter).
Ti Standard, Cash, Middle Price, £258.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Oct. 21,
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.
SALT AND FOOD SUPPLIES
SHIUKWAN, Oct. 22 (Central):
Market quietly steady.
LONDON GOLD
London, Oct. 21 "(Reuterì, Bar Gold, Fine per oz. 168/- "
French Communists Rounded Up
LONDON, Oct. 22 (Reuter)- Five people were arrested and 70 Delegates from Kwangtung, others are to be interned follow- Kwangsi, Hunan, Fukien, Klangsing the searching of 129 houses and Kwelchow are holding here belonging to principal
a conference on the regulation military Communists" in the Loire of salt and food supplies.
Department,
says the Havas Agency which adds that a lot of very interesting documents were seized.
French
DOW JONES AVERAGE
334
Boxes in various sixes To LET Hong Kong, 28th February, 1948.
Atso up to date Sart DEPOSIT terms which may be ascertained at
any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
HONGKONG SAVINGS
BANK
The Business of the shore Bank is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Bulsa may be obtain-i ed on applications –
For the HONGKONG & SHANGHAI
*BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. "Hong Kong, 25th Feb. 1939.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAÍ
HEAD OFFICE:,
18, Ping ErameT, SE
NEW YORK..
An American Bank offering som
pleto Foreign Banking Service in the principal Markets of the world.
This Bank is entirely owned by THE CHASE NATIONAL BANT. NEW YORK, with Resouros of oval, 0.8.$3,900,000,000.
D. M. BIGGAE,
Second Vios Pre
THE MERCANTILE BANK OF INDIA, LIMITED
Head Omce-15, Gracechurch Street,
London, &C.3
43,300,000
21,400,000
21,060,000
€1,854,629
BANK OF EAST ASIA,
. LIMITED
Authorised Capital.....$10,000,000.00 Paid-Up Capital 5,688,000.00 Raserve and Undivided "!,
Profits
............2,963,281,10
Head Office:-HONG KONG No. 10 Des Voeux Road, Central Board of Directors:
NIB SHOP ON CROW, Chairman. Li Koon Chun, Esq. Li Lan Sang, Esq. P. E. Kwok, Esq. Wong Chu Son, £44. Wong Tan Tong, Esq. Kan Ting Po, Esq. Chan Ching Shok, Esq, Fang Ping. Wah Eng KAN TONG PO, Esq., Chief Manager L Te Foxa, Esq., Manager
"Amoy
Batavia Bombay Caloutta
Branches and Agencies:-
Halphong"> Baskow
Labr
Korko London
Manila
Prin Singapore Bangoon Surabaya
Salgon Bwatow
Melbourn Gadi Fers- Gydacy....... Nagisaka
cfood sal
Now York Seattle Party Peiping
Semarang Shangha
ין
Every description of Banking and Exchange business transacted. Loans, granted on approved securities. Currency and Fixed Deposits re
Current Accounts opened in Local
ceived for
one year or shorter - periods in Local and Foreign Cur quoted co application, rencies on terms which will be
SAFE DEPOSIT Boxes To Lan
KAN TONG PO,
Chief Manager.
1940
32.67 22.15 20
38.45 18.03 20
Bigh Low Dow Jones Averages 152.80 111.84.30 Industriala
Rails Utilities 90.61 83.06 40 Bonda
132.18
Oct. 29. 1940. Oct. 19, High Low Close
132.28 131.13 131.37
Change .81 off
Anthorised Capital
Subscribed Capital
29.89
28.83 28.61.28.68
.31 of
Paid-up Capital.
22 20
22.22 21.88 21.04
.28 off
Reserve Fund and Best,
90.17
84.07 48.47 11 Commodity Index.
55.41
90,29 66.88
.05. up .03,off.
Business Done:--370,000 shares
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN PRE
KOBF—and
OSAKA —
£
War Loan. 31% (Red,
after 1952)
1023
(Ger:8tpd. Sup!, Loan) 8. Jap. 8% Ster. Loan, 1824 22 Ger. T% Lati. Loan. 1924 5) Chartered Bank
ᎦᏘ
Santon-K'loon Rly. 5%
6
H.K. & S'hai Bank (Lan.
Chinese 41% Gold Loan
1898 Brit. Issue Chinese 5% Gold Bonds.
1925-47
Reg
30
HE. & Shai Bank (Col
38
1825" (Vickers)
........
Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan..
1912....
Chinese 5% Reorg, Loan,
1913 (Tan. I.) ...
Chinese
% Bter, Notes,
Chin. Imperial Rly, 5%
Reg) Chinese Eng. & Mining
(hearet)
67
་་་་་་
Chosen Corporation
Pekin Syndicate
2/-
Operating Services for Cargo and Passengers
S'hai Elec. Constr. Co.
15/
8'hai Waterworks “A”-
13
TO-
18
Union. Insurance
20
Gula Kalumpong Rubber
13/9
B.-A, Tob, (bearer),
81/10
Mercantile sank
102
LORD *****
Dunlop Rabber
30/11
Honan Bly, 5% in Hukuang Rly 5%, 1911...
10
Bristol Aeroplane"
9/10/
Imperial Chemical Ind. 2178
(L.P. N/Y Issue)
17.
Onited Steel
19/-
·བྷ་༧ས་༧
Bukuang Rly. 5%, 1911
(German. Issue) ........
Lung Tsing & U. Ha!
Rly. 5% 1913 hal-N'King Rly...5% Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rly, £%
German atp.)” „Tientsin-Pukow Aly 5%
Brit, Stpd. Bupi." Loan) Tientsin-Pukow Aly, 5%
Abell Trans, & Trad.
Nat Defence Bonds, 3% 1011. Zonden-Midlands-Scot-
ish. 3% Great Western Rail-
way, 3% Nat Bank of India, 9%
321
Woolworths ......
56/101
Maramar. Investments
8/101
Western Holdings
8/9
Sub-Niget
160
1 bearer)
35/71
SINGAPORE, PENANG and · CALCUTTA:
SANDAKAN
HAIPHONG
All steamers borth alongside
the Roosevelt Terminal in-
the Franch Concession at
Shanghai, where passengers and cargo are landed.
For further particula
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE 30311. GENERAL MANAGERS
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Jalsa
Babykok Ipok Bombay Calcula Kuantan
Colombo
Delit-
Galle
Kandy
Kota Bhar
Kunis TrenggING Madras
New York
PETURNE
Bangoos
Bhangkal
Hongkong Kuala Lipis Slots Elowrah "Amaia Lumpur Blogspern -HONG KONG-BRANCH: Kvery; description of Banking and Exchange | business transacted.
TRUSTEE AND
EXECUTORSHIP UNDERTAKEN -
CURRENT ACCOUNTS opened in Local Our razy, an FIXED DEPOSITS received in Local
Currency & 8ZERLING on terms that may be ascertalid on apy licntion.
.D."- BENSON,,
What do
BANK OF CHINA
...
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
THE BANK
PAID UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHIFA) Owing to our numerous Branches in China and connections in the principal Commercial Centres at the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and
Mansur change,
you want?
If there is anything you want to buy or sell try a small Classified: advertise- ment in the Hong- kong Daily Press: ****
25 words $1.50 prepaid
for 3 insertions.
Head Office:-BHANGHAI Hong Kong Branch
4, QUEEN'S ROAD, C. South China Officer:
CANTON
BWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGCHOW.
We also handle the issue of Bonds
and other Public Fundi of the Chinese Government both at Home and Abroad.
CHEN,
•Manager.
SHOU