Alleghany Steel Co.
Allis Chalmers
(FROM PAYNE & CO.)
38a
Aluminium Ltd,
52 3/4
NEW YORK, October 25, 1940, "
SINGAPORE RUBBER
Amer. Can
105
SPOT
APR.-JUNE
Previous October 26
Close Opening Closing Buyers Buyers 38-1/2 38-1/2 38-3/4 "36-3/4 36-3/4 36-3/4 34-5'8 34-5/8
34-3/4
American Cyanamid B.
Change
Amer. & Foreign Power
Amer & Foreign $7 pt.
up 1/4 unch. up 1/8
Amer. Locomotive
Amer, Metais. Co.
Amer. Radiator
The market was steady. LONDON RUBBER
Amer. Rolling Mill
Amer. S'ting and Ring Co.
buyers
Previous close Today's close
buyers
Amer, Sugar Redning
Change
Amer. Tel & Tel
On demand
On Paris:-
42 3/8
S POT NOVEMBER
11-13/16
Amer. Tobacco "B"
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
OCTOBER 26, 1940
On London:-
Telegraphic Transfer. #9 7/ Bank Bilis, on demand 1/2 7/8 Credits 4 months" sight 1/3 1/2
On Shanghal-
On demand
On Singapore:---
On demand
On Japan:-
On demand
On India:
ין
PAYNE & CO.
ย
COMMODITY BROKERS
STOCK EXCHANGE "BUILDING
HONGKONG ·
COMMODITY MARKET REVIEW
Telegraphic Transfer. 82 1/2 JAN, MAR
and demand
On New York:-
Bank Bills, on demand 22 3/4 Credis, 50 days' sight 93 5/8
On Batavia:----
NEW YORK STOCK EXCHANGE
STOCKS
Adam Express
QUOTATION
'(REUTER'S SERVICE)
OCTOBER 27, 1946
MONDAY, OCTOBER 28, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858
Reserve Funds:
Paid-Up Capital £6,500,000 Reserve Fund Sterling
....£3,000,000 £9,000,000
..£3,000,000TMTM
H.E. Carrency Reserve $10,000,000 Reserve Liability of Pro-
prietors
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.3.
5. 8. Morrison, Esq., Hoo.. Mr. T. E. Pearce,
"Sun-Agencies In London: 117122 Leadenhall Street, E.C.a West End Branch:
14/18, Cockapur Street, 8.W1 Manchester Branch:
32, Morley Street, Manchester, 2.
P
AGENCIES AND BRANCHES
RABBIN PENANG HONG KONG MANGOON LLOJEN
LLOR STR AMHITSAN BANGKOK
DATAVIA
BOMBAY
BAIGON
ПРОП
BEREMBAN
KARACHH
SHANGHAI
KLANG.
SINGAPOR
-BITINWAY
SOURARATA
Laat Sale
STOCKS
Last Sale
Oct. 26
Oct. 26
Reserve Liability of
Propriators
$20,000,000
53
Loew's Inc.
27
Head Omoc:-HONG KONG
23}
Loft Incorperated
214,
37
| Mack Truck Inc.
28
80*'
Martin, Glen L
307"
951
McKesson & Robbins, pfd. 381
342
Montgomery Ward
391
11"
M'tain City Copper Co.
31
16
|National Aviation
101
151
Nat, Dairy Products
13
14
National Distillers
201
ты
National Lead
171
Board of Directoras H. V. Wilkinson, Esq.,
Chasman. Hoc. Mr. J. J. Paterson,..
Deputy Chairman, 1. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. B. Dodwell,
Miskin, Esq.,
131
Nat, Power & Light
8+
43
National Supply Corp.
6
139*
New York Central
141
1637
Niagara Hudson Power
5
727
N. American Aviation
161
C. C. Roberta, Esq., Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
CALCUTTA
AGENCIES: •КОВК
DECEMBER JAN-MAR.
On Manila-
99
45 1/2
1401/2
Nom
23 1/2
40%.
Bank Bills, on demand Nom." Credits 4 months' sight Nom.
On Saigon
On demand
ኒኔ On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bank Buying Rate
Bar Silver për oz
Market Report
APRIL-JUNE
NEW YORK COTTON: The market today was inactive but prices held steady. Bombay Interests, appeared to be the principal buyers of late months."
CHICAGO WHEAT: Nervous liquidation on the European
rumours depressed the market. There is little change in the cash situation and the market appears to respond castly to any purchases,
NEW YORK STOCKS: Previcus close, 131.16: Today's close. 132.26;
Change, up 1.10.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
FROM ROZA BROS, Siver prices were unchanged yesterday, the quotatoins remain- ing at 23.1/2 for Ready and 23. 7/16 for Forward." Silver advices
New York Colton, Dec. reported the market ag being
New York Rubber, Dec steady but quiet. American Silver
Chicago Wheat, Dec. was quoted at 34.3/4 for Spet.
The London-New York, cross-Chicago Corn, Dec.
New York Hides; Dec. rate was quoted at 402.1/2. New
NEW YORK COTTON York/London was quoted at
Prev. Today's "
Barnsdall O
Bendix Aviation
11-13/16
Amer. Waterworks
91
North American Co.
201
Chief Manager. FansTACK
11-7/8
Market closed
Anaconda Copper
233
Northern Pacific
7
11-15/16 11=13/18
Atchison, T. & 8, Fe.
17
Owens-linois Glass Co...
534
Aviation Corp.
-43-4-
-Pacific Gas-de-Elec¬
-294
Amor
Baldwin Lecometive
163
Packard Motors
34
Bangkol
Branches: Johore Rangeon Kobe
Saigon
Baltimore & Ohio:.................... « 4)
Batavia
Pan-American. Älsways
153
Kowloon San
Barber Asphalt Co.
914
Paramount Pictures.......
Bombay
Kuala
Francisco
81
Calcutta
8
Pennsylvania R.R
231
Lampur Shanghai
peace
Canton
London
31
Singapore
Philadelphia Read, Coal
Chefoo
Lyons
Sourabaya
Bethlehem Steel
84
Phillips Petroleum
37%
Colombo
Malacca
Sungei
Bliss & Co.
147
Public Servicer of N.J.
323
Dairen
Manila
Boeing Airplane Co.
16
Puliman Ine.....
263
Foocbow
Muar
Patani Swatow
Borg-Warner
20+
Pure Oll
Haiphong
Briggs Mfg.
231
"
Radio Corph, of Am.
47
Bankow
Tokya
Budd M'facturing Corp.
41
Harbin
Reading Company, Com
15*
New York Tsingtao
Canadian Pacific R'way
31*
Iloilo
Remington Arms Co., Inc.
57*
Case, JI
54.
Ipoh
Penang
Republic Aviation Corp.` ...
51*
Celanese
27
Republic Steel
193
Chesapeake & Ohio
41
Revere Corp.
113
Chrysler Corpti,
813
9.57 9.54 .20.36 20.36 87 841 621 601 12.68 12.55
12.506 12.56
9.55 8.54 .01 off 20.40 20.30% 10 of 80) 843 21 of 621 801. 11 off .06 up
Reynold Tobac; "B"
347
Columbia Gas & Mec.
6
Safeway Stores
43*
Commercial Credit Co.
30
Schenley Distillers
-101
rencies on
Com, & Southern (Ord.)
11
Sears Roebuck
78
quoted on application.
Consolidated Edison
26+
Shell Union all
91
Consolidated Ou
52
Socony-Vacunum Oll
71
ALBO up to date SAFE DEPOSIT BUIES in various sizes To LaT Hong Kong, 28th February, 1940.
Close
Opening
Closing
Change
Continental Can
384
Southern-Pacife
22
Continental Oil
18
(Johore) Tientsin Mukden
Peiping Yokohama
XIDAN
NEW YORK
PRIPING
(Peking)
TAIPING TIENTSIN TONGEAN
(Dhakee)
TSINGTAÐ
TUKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
QUERERT Accouære opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates, which will be quated on application.
SAVINGS: Accounts also opened in " Local Currency, and Sterling with
CURRENT ACCOUNTS" opened in interest allowed at rates "obtainable LOCAL CURRENOx and FIXED Deresi on application. « received for one year or shorter The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustee terms which will be business, and claims recovery "of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branchen.
R. A. CAMIDGE,
Manager.
CLITE STANT
CANTOS CAWNPURE CABU COLOMBO DELSTI HAIPHONG HAMBURG HANKOW
KUALA
.... LUMPUR KUCHING'
* MADRAS
MANILA
Southern Riy $5 pid.
213
1:4
1
MARKET
Dec. (New contract) ...
い January
9.55/56
9.47 N
9.57/57 'unquoted
9.54/55 9,45n
.01 off
Copperweld Steel
201
Spleer Manufacturing Co. 33
.02 off.
Quiet for Sterling but US. Dol- lars were a shade steadier.
Curtis Wright (C)
T
Standard Brands .....
7
March
{
9.54/54
9.53/53
9.52/521
,02 off
Curtiss Wright “A”
271
Stand Gas & Elec...................
18
May
[
1
...... 8.44 N
9.43 43
9.42/42
.02 off
Deere & Co.
201
Standard Oil of California
181
STERLING
July
{
0.26/26
9.26/26
9.24/25
.02 off
Distillers Corpn. Seagrame
173
Standard Oll of NJ.
34
The market' closed with sellers
Oct,
{
}
8.85 N
8.84/84
8.84/84
01 oft
Douglas Aircraft
85+
Stone & Webster
81
SHANGHAI MARKET
to 3.7/8. At the close 'sellers were
at 1/2.31/32 October/December, Spot buyers at 1/3 for Cash.
B. S. DOLLARS ·
The market opened with sellers at 231/8 resulting in a small bu siness at 23.3/18 for the second half of November. Subsequently a small transaction WAS also. ar- ranged at 23.174 for Cash. The market closed with sellers at 23. 3/16 for Cash and 23.1/4 Decem-1 ber. buyers at 23.5/16 for Cash.
SHANGHAI DOLLARS Opened with sellers at 389 lead- ing to some business at .389.1/2 and also 387." The market closed with sellers at 387, buyers at 388.
Total sales Friday:-63,900 bales.
NEW YORK RUBBER
December January ....... March May
Total sales:-550 tons.
CHICAGO WHEAT
Opened with sellers of Sterling WINNIPEG WHEAT at 3.53/4 and later the rate rose October
quoted at 3.27/32 for Spot, US. NEW YORK HIDES
Dollars opened with sellers at 5. December
29/32, The rate subsequently, rose March-
to 6 and at the close sellers were
quoted at 5.31/32 for Spot.
Shanghai Exchange
Shanghai, Oct, 20 (Reuter).
London
Oficial" T.T. Kalesi
New York
Opening
0/3-11/18
5-5/8
23-7/8
20-3/3 N 24-1/2
NY Official "Silver
NY-Landon Cross Rate 4.03-1/4
9.60 N
9.591
.01 off
Du Pont de Nemours
171
Studebaker Com.
Eagle Picher Lead
91
Swift International
181
"
Eaton Mfg. Co.
341
Technicolor
91
Elec, Autolite
361
Texas Corp:1,
35
20.40/40 20.30b/40a 20.30b 20,20b
unquoted 20.106 19.93/93 19.85b/96a 19.94/94 19.75b/822 19.65b/82a 19.75b
.10
off
Elec Bond & Share
-61
Texes Gulf Sulphur
344
.10 ott
Elec. Bond & Share $5 pt:
64*
Timken-Axle ........
291
.01 up
Elec Bond & Share $6 pt. "731
Trans-America Co.
5
unch.
Elec. Power & Light 37 pt.
401
20th Cent. Fox.
G
Flintkote
163
Union Bag & Paper Corp.
'12
Gen.,American Trans,
494
Union Carbide & Carbon
743
Gen. Electric
35
Union Pacific
81-
Gen. Motors
501
United Aircraft
39A
December
May
864/861 85/851
863/87 851/851
841/847 831/83
21. off
Gen. Railway Signal
18
United Airlines Trans
-187
2 off
Gen. Tire & Rubber
12)
United Corpn.
2
Friday's sales:-12.248,000 bushels. CHICAGO CORN
December May
Gildden Co:
144
United Corpn. $3 cum pf." 334.."
Gondrich (B.F))
13
United Gas Corpn.
14
Goodrich $5 pf.
578*
United Gas Improvement
118.
$27/624
€27/821
621/621 63/631
1601.001 612/814
11 ott
Goodyear Tire & Co..
178
UA, Industrual Alcohol,
221
1 of
Great Northern Iron Ore
151
U.S. Rubber
221
Great Northern Rly,pid,
70jb
70/701
7010
+off
Great Western Sugar Greyhound Corpn.
11
Hercules Powder Co, pun
"12.50b.. 12.60b/68a 12.50/56 12.13b/15a 12.23b/35a 12,23/24 Total sales for the day:-43 contracts.
.06 p
.10 up
34-3/4
unquoted 4.03-1/4
888SZERB
281-
US. Rubber $8 pid,
794.
US Smelting
60°
112
U.S. Steel
841
Japan
India
Hongkong
Spot
Oct.
Nov.
Spot
Oct.
Nov.
Sterliur
Reitera
Opening Closing 0/3-53/64 0/3-27/92 0/3-53/64 0/3 27/32 0/3-13/16 0/3-53/04 U.S. Dollars.
$5-29/32 $5-31/32 .5-31/32 5-15/16
6-29/32 5-7/8
Market:-Quiet,
Silver Duty Rate
The Central Bank of China's Tate on London at 10 am, today was 1/2-1/2d.
The Equalisation rate was 24 per cent.
Calcutta Exchange
Calcutta, Oct. 26 (Reuter). T.T. on Japan, 81-1/4 SILVER MARKET KOMBAY SILVER Bombay, Oct. 26 (Reuter). Market--Steady Offtake 25. bars. Indian Mint Silver Ready
Nov, 28 Settlement Dec. 27 Settlement
61-08
161-07
61-08
LONDON STOCK EXCHANGE
(REUTER'S SERVICE) ./
London; October 25.
The following quotations are the middle prices at the close of the market in London. All quotations
Tientsin-Pukow Rly, 5%
(Brit, Stpd. Supl. Loan) 8. Tientsin-Pukow Rly. 5%
(Ger. Stpd. Supl Loan) 8
are subject to confirmation and no Jap. 6% Ster. Loan, 1924. 234. responsibility is assumed for errors Ger. 7% Intl. Loan, 1924 51
In transmission.
Chartered Bank ...... HK, & Shal Bank (Ldn.
Reg.)
01
10
War Loan, 31% (Red,
after 1952).
'HK. & S'hai Bank (Col.
1011+
Reg)
Canton-Kloon Rly. 6% 8 Chinese 41% Gold Loan
1898 (Brit: Issue) Chinese 5% Gold Bands.
1925-47.
Chinese Eng. & Mining
(bearers
14/-
Chosen Corporation
Pekin Syndicate ....
8'hal Elec, Constr. Co.
15/
Chin, 41% Anglo-French
Loan, 1998 Chinese 5% Crisp Loan.
6'hal Waterworks “A”
13
44
Union maurance
20
Chala Kalimpong Rubber 13/9
1912
12
Chinese 5% Reorg. Loan,
B-A Tob. (beater), .................' Mercantile Mank of
82/6
101
1913 (14n. Is,)
18
Dunlop Rubber
30
Chinese: 8% Ster, Note
1925 (Vickers)
Bristol Aeroplane.
9/101
P
Imperial Chemical Ind. 27/71"
Chin. Imperial Rij, 5%
Loan Honan Rly. 5% Bukuang Rly 5%. 1911...
(LF. N/Z Issue) Hukuang Rly, 5%, 1911
United Steel
19/6
Woolworths
... 57/11
10
Marsman Investments
7/6
Western Holdings:
0/3
Sub-Nigel
Shell
10
Trans & Trad (bearer)"
157/6
*35 Nat Defence Bonds, 3% 101 Londen-Midlands-8col-
tish, 8%
137
Great Western Rall
WBY 3%
334
Nat Bank of India: 3%
251
German. Issue)
| Lung Taing & U. Hal
Rly. 5% 1913 ... S'hai-N'King Rly., 6% Tientsin-Pukow Rly 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%.
(German Btpd.)...
32.57 29.16 20 Ralla
28.4 18.03.20 Utilities
90.01 83.06 40. Bonds:
Homestake, Mining.....
Int. Nickel
Inter. Paper & Power.
Int. Tel. Tel
Kennecott: Copper
Lakey: Forinity & Mac.
Libbey-Owens-Ford Gjása" 45 Lockheed Aircraft.......
DOW JONES AVERAGE
Oct. 27, 1940," High Low Close 13247 181.48.132,28
⚫ 28.73 28.60 28.65 -22.68 22:38 23.52
Vanadium
Vultce Alteraft
Walworth Co.
35
77°
54
Warner Bros. Pict. Westinghouse Elec. Woodward Iron: Cor. Chase National Bank National City Bank
21
108
301
323*
273.
131.16
1940
High Low Dow Jones Averages 152.80 111.84 30 Industrials
Oct. 25,
Change 1,10 up
29.57
,06 up
22.27 1
69.88
64.07 48.74.11 Commodity Index.
55.50
89.98 05.10
25 up .08-up .46 off
Business Done:—430,000 shares
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION."
V. M. GRAYBURN,
Chief Manager- Hong Kong, 23th Feb., 1939.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
13. PINE STREST,
NEW YORK An 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
CHASE NATIONAL BANS NEW YORK, with Besources of orri £1.8.$3,000,000,000,"
D. M. BIGGAR,
Bacond" Vios, "Prue}
A Job?
WANT ADS
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
BANDAKAN-
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghal, where passengers and cargo are landed..
For further partionlara
please apply fo
JARDINE MATHESON&Co.,LTD. TELEPHONE SOJIL - GENERAL MANAGERS :
付
BANK OF EAST ASIA, LIMITED
Authorised Capital.....$10,000,000,0 Paid Up Capital Reserve and Undivided
Profits
5,698,800.00
..2,53,281.50
Head Office:~HONG KONG No. 10 Des Voeux Road, Central,,
Board of Directors: SIE SHOPSON Cnow, Chairman Li Koon Chun, Esq. Li Lan Sang, Eag P. K. Kwok, Eq. Wong Chu Son, Esq. Wong Yan Tong, Esq. Kan Ying Po, Mag. Chan Ching Bhok, Esq. Fung Ping Wah Eng KAN TONG PO, Esq., Chief Manager LI THE FONG, Esq., Manager
Branches and Agencies:--
Kareloom Penang Singapore Lon
Boscabays Rangoon Manila Balgon Below
Every description of Banking and Exchange business transacted. Lomas granted ou approved securities.
Current Accounts epened in Local Currency and Fixed Deposits. re- ceived for one year or shorter periods in Local and Foreign Car- rencies on terms which will be quoted on application.
SATE DEPOSIT Boxes To Ler.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES "ALL" OVER ÜHIMA) Owing to our numerous Brauches 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 Ofce:--BHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, O. South China Offices;
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issus of Bonds and other Public Funds of the Chinese Government both at Home and Abroad...
SHOU 4. CHEN,
Manager
11
Amoy
Bombay
Chioutia
Haiphong
Hákon
Honolulu
Helbearne San Fran. Sydney Bagataks
tim New Yoric Beattie
LOZIES Preis
od
Kobs
Polplay
Bewaring Shangha
THE