Adams Express
Alleghany Steel Co.
· 370
Allis Chalmers
Aluminium Ltd
52 2/4
NEW YORK, October 29, 1940.
Amer. Can
On demand
105
SINGAPORE 'RUBBER
On India:
Telegraphic
Transfer.
82 1/2
and demand
SPOT
JAN.-MARCH
On New York:-
On Paris:
Bank Bills, on demand 92 3/4
Credlis, 80 days' sight 23 5/8
On Batavia:-
On demand
Bank Bills, on demand Nom. Credits 4 months' dight Nom.
On Baigon:-
APRIL-JUNE'
Previous October 29
Close Opening Closing buyers---buyers- 38-5/8 38-5/8 38-5/8 36-3/4 38-3/4 36-5/8 34-3/4 34-3/4 34-5/8
American Cyanamid B.
Change
Amer. & Foreign Power ...
Amer. Foreign $7.pf.
unch
Amer, Locomotive
off 1/8
Amer. Metals Co.
of 1/8
Amer. Radiator
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
OCTOBER 30, 1940.
On London:
Telegraphic Transfer, 1/2 7/8 Bank Bills, en demand 1/2 7/8 Credits 4 months' sight
On Shanghai:-
On demand
On Singapore-
On demand
On Japan:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
́(REUTER'S SERVICE)
OCTOBER 30, 1946.
204
THURSDAY, OCTOBER 31, 1940.
BANKS
HONGKONG. & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858
38, Bishopsgate E.C.3. Sun-Arencies In London:
117/128, Leadenhall Street, E.C.
West End Branch:
#
14/18, Cockspur Street, 8.W 1 Manchester Branch: be, Mosley Street, Manchester, a
AGENCIES AND BRANCHES.
HARBIN HONG KONG
AZOR STAR
PENANG MANGOON
BANKING CORPORATION
Authorised Capital... $30,000,000
Reserve Fundų:
Sterling
Last Sale
STOCKS
Last Sale
Reserve Liability of
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
£8,600,000 Reserve, Fand.....
Paid-Up Capital
£3,000,000
£3,000,000
prietors.....
.£3,000,000
Oct. 29
Oct. 39
Proprietors
.$90,000,000
T2
HEAD OFFICE: LONDON:
8
Loew's Inc.
27
Head Office:-HONG KONG
231-
Loft Incorperated
37
Mack Truck The.
28
80
Martin, Glen L
307
Board of Directors: H. V. Wilkinson, Esq.,
95
McKesson & Robbins, pid. 28+
35%
Montgomery Ward
381
1}
Mtain City Copper Co.
31*
151
National Aviation.
151
Nat, Dairy Products
133
Chairman." Hon. Mr. J. J. Paterson,
Deputy Chairman. J. K. Bousfeld, Esq., A. H. Compton, Esq.,
18]
National Distillers
201
Hon. Mr. S. H. Dodwell,
72.
National Lead
18
G. Miskia, Esq.,
The market was quiet,
Amer. Rolling Mill
142
Nat, Power & Light ...
81
K. S. Morrison, Esq.,
เจ
.
Amer. Sting and. Ring Co.
421
LONDON
RUBBER
Previous close.Today's close
National Supply Corp.
61
Hon. Mr. T. E. Pearce,
42·3/9
Amer. Sugar Refining
13
New York Cential.....
buyers
buyers
Change
My
S POT
11-3/4
11-3/4
unch
Amer. Tel. & TEL
1641
Niagara Hudson Power
14} 5
C. C. Roberts, Esq.,
Amer. Tobacco "B" ....
722
NOVEMBER
-11-3/4
11-3/4
unch
On-Manila:
On Bangkok:-
DECEMBER
| JAN,"MARCH
On demand
99
APRIL-JUNE
On demand
45 1/2
On demand
149 1/2
On Sterling Notes:-
Bank Buying Rate
Now.
Bar Sliver per oz.
93 7/16
11-7/8
11-13/16
off 1/16
Amer. Waterworks
91
N. American Aviation North American Co.
163
20
11-7/8
11-31/16-
11-7/8 11-13/16
unch.
Anaconda Copper
23
Northern Pacifc
7
unch.
Alchison, T. & S. Fe...
161
Owens-Illinois Glass Co.
53+
Aviation Corp...
48
Pacific Gas & Elec
29
and
ז':
404. Dec. (New contract)... 9.50/50
MARKET
January
Market Report
FROM ROZA BROS, "
Wednesday, Oct. 30. Silver prices were unchanged yesterday, the quotations remain- ing at 23.7/16 for Ready
The market was steady.
NEW YORK COTTON: A steady market, with traders
Awaiting further developments with regard to the domestic and foreign political situation. CHICAGO WHEAT: We believe that
NEW YORK STOCKS: Previous close, 131.77; Today's close, 132.19;
Change, up 42,
NEW YORK COMMODITY MARKET
23.3/8 for Forward. Silver advices New York Cotton, Dec. reported the market 29 being New York Rubber. Dec. steady but quiet. American Silver Chicago Wheat, Dec.
!
was quoted at 34.3/4_for_Spat.____ Chicago.Com, Dec,
The London-New York Cross-New York Hides, Dec. rate was quoted at 402.1/2. New NEW YORK COTTON York/London was quoted at
85) 834 60160 12.75 12.80
Opening 9.51/51
Prev. Today's
Close Close Change
9.50 9.50 20.306 20.27
35 334 501607 12,56 12.60
Closing
.04 up Change unch. unch.
Baldwin Lecometive
16
Packard-Motors-
34
generally
Baltimore & Ohio
41
Pan-American Airways
151
148
Harber Asphalt Co.
10..
Paramount Pictures .........
81
Barnsdall Of
97
Pennsylvania ·R.R.
234
421
the
market
will Improve
Bendix Aviation
314
Philadelphia Read, Coal
technically on any further declines.
Bethlehem Steel
841
"
Phillips Petroleum
371
Bitss & Co.
14
Public Sendice of NJ,
321
Boeing Airplane Co.
181
Pullman Inc.............
261
Borg-Warner...
20
Pure Qu
78
Briggs Mfg.
241
Radio Corpn. of Am.
5
Budd M'facturing Corp.
44
Reading Company,
Com
14
Canadian Pacific R'way
31
Remington Arms Co., Inc.
51
(REUTER'S SERVICE)
«High
9.53 9.50 20.27 20,23
Low
Case, J.I.
56
Republic Aviation Corp.
5
Celanese
Republic Steel
197
Chesapeake & Ohio ......
411
Revere Corp.
11
unch.
Chrysler Corpn.
817
Reynold Tobac. "B"
03 off 11 off unch
Columbia Gas & Elec
st
Safeway Stores
Commercial Credit Co.
312
Schenley Distillers
104
Com, & Southern (Ord.)
14
Sears Roebuck
791
Consolidated Edison
26
Shell Unlon Of
Consolidated Ou
5%
Bocony-Vacunum of
8
Close
11
9.50/51
Cortoental của
Continental Oil
38+
Southern Pacific
8"
18+
Southern Rly $5 pfd.
211
>
9.41 N
9.40b
9.41n
Copperweld Steel
--201
Spicer Manufacturing Co. 343"
Dull
March
}
9.48748
9.48/48
9.49/49
.01 "up
May
}
July
}
Oct Spot
>
Total sales:-570 tons. CHICAGO WHEAT
December ......................... 551/85) May
at 3.29/32 for Spot, U.S. Dollara, December
at the opening sellers were quot-May
last
October
NEW YORK HIDES December
March
New York
Opening 0/3-13/16 5-7/8
Japan
25
India
Hongkong
Spot
Oct.
Nov,
Spot
Oct.
6
War Loan. 34% (Red.
after 1052) Janton-Kloon Rly. 5% Chinese 41% Gold Loan 1898 Brit. Issue) ..... Chinese 5% Gold Bonds.
1925-47 ne {Chin. 41% Anglo-French
"Loan, 1908
Chinese, 5% Crisp Loan.
1912 Chinese 5% Reorg. Logn.
Hukuang Rly 5%, 1911..
(LP. N/Y Issue)
Hukuang Rly. 5%, 1011
(German Issue).........
Lung Tsing & U.. Hal
Rly. 5% 1913
'
S'hai-N'King Rly, 5%
Ready
81-04
61-05
Tientain-Pukow Rly, 5%
(Brit. 8tpd.)
61-06
STERLING
There were sellers at 1/2.31/32 October/January, buyers at 1/3 for Cash.
US, DOLLARS
No business was reported. Thất were sellers at 23.1/8 Cash, buyers
at 23.3/16 for Cash,
SHANGHAI DOLLARS Some business was done at 382. The market closed with sellers at 381.1/2.
SHANGHAI MARKET Sellers of Sterling were quoted at the opening at 3.29/32 for Spot, Subsequently the rate rose to 3.59/
84. Last advices indicated sellers CHICAGO CORN
ed at 6.1/32 for Spot, The rate rose | WINNIPEG WHEAT subsequently to 6.1/16 and
advices indicated sellers at 6.1/32 for "Spot.
Shanghai Exchange
Shanghai, Oct. 30 (Reuter),
OMeial. T.T, Rates
London
Nov........
Sterling
21-1/8 N 25-1/4
Bellers
Opening Closing 0/3-29/32 0/3-29/32 0/3-29/32 0/3-29/32 0/3-29/32 0/3-57/64
·U.S. Dallara
$6-1/32 $8-1/32
8-1/32 €-1/32 6-1/32
Market:-Uncertain.
Calcutta "Exchange
Calcutta, Oct. 20 (Reuter). TT, on Japan, 81-1/4.
SILVER MARKET LONDON. SILVER London, Oct. 29 (Reuter). Sliver Small demand found no
Total sales for the das:-67 contracts. NY Oficial Silver...... 34-3/4 NY-Landon Cross. Rate 4.04
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Oct, 29. 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 awumed for errors in transmission.
1913 (Ldn. Is.)
selling pressure. Business negli-Chinese. 8% Ster, Notes. gible. Market quietly steady. In
1825 (Vickers)
the afternoon, the market was Chin. Imperial Rly. 5%
very quiet with no business.
Spot, 23-7/18d.
Forward, 23-3/86.
BOMBAY SILVER
Bombay, Oct. 29 (Reuter).
Market Steady. Offtake 50 bars.
...Indian' Mint Silver
Nov. 26 Bettlement
Dec 27 Settlement.
LONDON GOLD
London. Oct. 29 (Reuter). Bar Gold, Fine per oz. 188/-
Loan
Honan Riy 59%
Tientaln-Pakow Bly, 5%
(German Stpd.). Tientsin-Pukow Rly. 5% (Brit. Stpd. Supl, Loan) Tientsin-Pukow Bly, 5% (Ger. Stpd. Supl, Loan)
LONDON METALS
EX
EXCHANGE
London, Oct. 29 (Renter). Tin. Standard. Cash. Middle Price, £259-7/B.
Tin, Standard, 3 months, Middle Price, £281-7/8.
Market very steady.
Nat Bank of India. 9%
⚫bid.,
Curtiss Wright (C.)
T
Standard Brands
77
9.38/38
9.38/38
9.40/40
.02 EP
Curtiss Wright “A*
281-
Stand Gas & Elec.
11
9.20 N
9.20/20
9.21/22
..01 up
Deere & Co.
21
Standard Oil of California
18.
8.79/79
3.78/78
9.55 N
8.18/78 9.530
.03 off
..02 of
Distillers Corpn. Seagrams
171
Standard Of of NJ.
334
Douglas Aircraft
847
Stone & Webster
82
Total sales Monday:-59,200_bales.
NEW YORK RUBBER December January March May
Du Pont de Nemours
1694
Studebaker Com
82
Eagle Picher Lead
..99
Swift International
18
20.30b 20.05b
19.89b
........... 19.79a
20.22b/30a 20.27/27 19.95b/20:25a 20.026
19.81/80 19.80b
.03 of
Eaton Mfg. Co.
341
Technicolor
82
.02 off
Elec. Autolite
36
Texas Corpn.
352-
19.83" 19.74b
,05 off
Elec Bond & Share
.61
Texes Gulf Bulphur
34
.05 off
Elec, Bond & Share $5 pt.
641
Timken-Axle
.29
Elec Bond & Share $6 p.
73
Trans-America Co.
5
Elec. Power & Light $7 pf.
391
20th Cent, FOR.
51
851/85 831/831 831/831
831/831 _821/82).
14 off
Flatkote
171
Union Bag & Paper Corp.
12
1 off
Gen; American Trans.
50
Union Carbide & Carbon
731
Gen. Electric
341
Union Pacific
81
Monday's salės:—10,699,000 bushels.
Gen. Motors
"501
United Aircraft
401
Gen. Rallway Signal
151
United Airlines Trans
181
601/601 602/60 812/613
601/601 617/611 613/618
unch. 1 of
Gen. Tire & Rubber
12}
United Corpn
21.
Glidden Co. ·....
141
United Corpn. $3 cum pr. 33
Goodrich (B.F.)
13
United Gas Corpn.
11
701b
703/701
12.56/58 12.81/61 12,28b 12.30/30
"701/701
Goodrich $5-pf.
58*
United Gas Improvement" 11/
4 "up
Goodyear Tire & Co.........
171
US. Industrual Alcohol,
221"
Great Northern Iron Ore
15
US, Rubber
213
12.00/60 12.45/45
.04. up .17 up
Great Northern Rly, pfd.
271
US. Rubber 58 pfd.
794
Great Western Sugar .....
192
US. Smelting
60
Greyhound Corpn.
113
US Steel
641
31-3/4
Hercules Powder Co.
741
Vanadium
347
Homestake Mining
48
Vultes Aircraft
77*
Int Nickel
27
Walworth Co.
54
Inter. Paper & Power
142
Warner Bros, Fict.
24
Int. Tel, & Tel
2.
Westinghouse Elec.
107
Kentecott Copper
324
Woodward Iron Cor.
31
Lakey Foundry & Mas,
-4-----
4
Libbey-Owens-Ford Lockheed Aircraft
Glass
494
Chase National Bank National City Bank
321-
28
DOW JONES AVERAGE
£
1003.
Jap. 6% Ster. Loan, 1924 23 Ger, 7% Intl Loan, 1924 51 Chartered Bank
· 1940 High Low Dow Jones Averages 189.80 [11.84 30 Industrials
39.67 22.18:20 Rails 26.45 18.03.20 90.81 83.08 40 64.07 48 74 12
Oct. 30, 1940,
Oct. 28, 131.77
High Low Close
Change
13280 131,56 132.18
49 пр
28.46
28.80 28.43 28.82
08 up
Utilitica Bonds. Commodity Index
2233
22.60 92,30 22.49
.16 up
80.92
88.76
16 off
55,17
55.13
04 off
Business Done:-690,000 shares
6
HK. & S'hal Bank (Ldn.
Reg.,
82
30
BK & B'hai Bank (Co).
Reg)
33
Chinese, Eng. & Mining
(bearer).
14/-
Chosen Corporation
Pekip Syndicate
...
21-
12
18
28
S'hai Elec. Constr. Co.
15/-
Operating Services for Cargo and Passangers
Bhat Waterworks "A"
131
Union Insurance
.20
TO-
Gula Kalumpiong Rubber
13/9
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
B.-A. Tob, (bearer)
82/6
and TIENTSIN
| Mercantile Bank ............. 10
KOBE and OSAKA
Dunlop Rubber
30
Bristol Aeroplane
·9/7
Imperial Chemical Ind. 27/3
United Steel.........
19/9
Woolworths
57/3
10
Margnian Investments`.
7/8
Western Holdings
8/0
SINGAPORE, PENANG and CALCUTTA
-SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosevelt. Terminal in
the French Concession zt
Shanghai, where passengers
Sub-Nigel
157/6
and cargo are landed."
13
Shell Frans. .12
Trad.
(bearer).....
Nat Defence Bonds, 3% Londen-Midlands-Scot-
tish, 3%
436
1011
please apply tom
··134
Grest Western · Ralf-
way, 3%
321
20
Hon. Mr. A. L. Shields,
Sir Vandeleur M. Grayburn,
Chief Manager.
Patani Swatow
(Johore) Tientsin Makden Tokyo New York Tsingtao Peiping Yokohama Penang
KLANG
AGENCIES: KURS CLATI STEET
FAIRLIK PLACE
CANTON CAWNPORE
CROAŢ DOLOKHO
KUALA
LUMPUE KOOHING MADRAS MANILA
NEW YORK PRIPING
(Peking)
SITIAWAN
SOUBABATA TAIPING TIENTS IN TONGKAH
(Bhuket) ~TEINOTAÐ-
YOKOHAMA
FORKLON EXCHANGE sad General Banking Business transacted.
CUERENT Accova epened and FIXED DEPOSITS received for Opr 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 CURRENT
ACCOUNTS opened. In interest allowed at rates obtainable LOCAL CURRENCY and FIXED DITS 90 application. received for one year or shorter The Hank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustee reacies on terms which will be business, and claims recovery of British Income Tax overpaid, on quoted on application.
terms which may be ascertained as any of the Agencies and Branches.
RA. CAMIDGE,
Manager."
Also up to date Sara Derouit Boats in various sizes To Lat. Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK
The Business of the above“ Bank is couducted 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 25th Feb., 1939.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAI
HEAD OFFICE:
18, PINE STUISHY",
NEW YORK An American Bank offering com. plete Foreign Banking Servic in the principal Markets of the world. Interest Rates on Application.
This Bank is entirely owned by TECHẠM“ National, Baxx. New York, with Kasouros at orig £.8.$3,800,000,000.
D. M. BIGGAR,
Second Figs Fra
A Job?
WANT ADS
INDO-CHINA
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital 5,559,800.00 Reserve and Undivided
Profits
.2,vd3,231.6#
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
SIS SHOPSON CHow, Chairman Li Koon Chuo, Esq« Li Lan Sang, Bag. P. K. Kwak, Bag., Wong Cha Son, Esq. Wang Tan Tong, Esq. Kan Ying Po, Reg. Chan Ching Shok, Esq. Fong Ping Wah Epa KAN TONO Po, Esq, Chief Manager Li Tan Fong, Esq., Manager
Branches and Agencies:-
Amoy
Bateria Bombay
Korido Pouang Bungspor Loudos Eangoon
Maolla
Saigon Bwabow
Calerdia Malbourne "Ban Frane Bydnaj
alaso Textils,
ORE FEE
New York Beattia Paris
Bemarang Pelping Sangtan..
Every description of Banking and Exchange business transacted. LORDS granted on approved securities.
Current Accounts opened in Local Carrenoy-and-Fixed Deposits ceived for one year or shorter. periods in Local and Foreign Cur rencies on terms which Will be
quoted on application.
Sars Deposit Boxes To Lar.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00
STEAM NAVIGATION COMPANY LTD K (BRANCHES ALL OVER CHIR)
For further particulars
RDINE MATHESON& Co. LTD. TELEPHONE SOJIL GENERALI ANAGERS
Owing to our numerous Brancher 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 Offloan:
CANTON
SHIUCHOW
KONGMOON TOISHAN
KINGOHOW
We also handle the issue of Bonds and other Publio Fands of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.
AMRITHAS
BANGKOK
ILOILO
BAIGON
BATAVIA
IPOR.
BIREMBAN
"
BOMBA Y
HALOUTTA
KARACHI
SHANGHAI
SINGAPORE
Branches:
Amoy
Jokerė
Bangkok
Kobe
Rangoon Saigon
"DEST
-MEDAN~~~
Batavia
Kowloon San
HAIPHONG
Bombay Kusla
Francisco
Calcutta Lumpur Shanghai
HAMBURG ΞΑΝΤΟΠ
Canton
London
Singapore
Chefoo
Lyons
Colombo
Malacca
Sourabaya Sungei
Dairen
Manila
Foochoat Muar
Haipnóng
Bankow
Harbin
Iloilo
Ipoh
ካኝ
SAFE DEPOSIT BOXES
Halphung
Hankow
Monolain
o
Kagamis
SWATOW