Adams Express
Alleghany Steel Co.....
370
Allis Chalmers
Aluminium Ltd,
On demand
59 3/4
„Amer. Can
On Japan:-
NEW YORK. October 30, 1940.
On demand
108
On India:-
SINGAPORE RUBBER
Previous October 30
Close Opening Closing
Amerlean Cyanamid B.
Change
Amer. Foreign Power
Amber Foreign $7 pf. ...
buyers
buyers
Amer. Locomotive
SPOT
38-5/8
38-5/8
Market closed
Amer. Metals Co
Amer. Radiator
APRIL-JUNE
34-5/8
Amer. Rolling Mill
Amer. B'ting and Ring Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE®
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
OCTOBER 31, 1940.
On London:-
"Telegraphic Transfer: 1/8 7/8
Bank Bills, en demand 1/2 7/8. Credits 4 months' sight
On Shanghai:—
On demand
On Singapore:-
+82 1/2
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
Telegraphic Transter.
and demand-
On New York:-
Bank Bills, on demand 22 8/4
Credia, 60 days" sight 23 6/8
| JAN.-MARCH
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
OCTOBER 31, 1940.
FRIDAY, NOVEMBER 1, 1940'
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital................. $50,000,000 |
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1888
Reserve Funds:
Paid-Up Capital Sterling
£ 6,500,000 Reserve Fund H.E. Currency Reserve $10,000,000 Reserve Liability of Pro-
..#20,000,000
Head Office:---HONG KONG
Deputy Chairman:
prietors .....
23,000,000
£3,000,000
****£3,000,000
HEAD OFFICE: LONDON: 38, Bishopagate E.C.2 Sub-Agencies In London: 117/129, Leadenhall Street, E.0.1 West End Branch: 14/16, Cookspur Street, B. W 1 Manchester Branch:
ba, Mosley Street, Manchester, 1.
AGENCIES" AND BRANCHER-
HARRIN
PENANG HONA KONO BANGOON
ALOZ STAS AMRITSAR
List Sale
STOCKS
Lart Sale
Reserve Liability of
Proprietors.....
Oct. 30
Oct. 30
Loew's Inc.
231
231
Loft Ecorperated
21
37%
Mack Trick Inc.
28
80*
Martha, Glen L
32
Board of Directors: H. V. Wilkinson, Esq.,
94
McKesson & Robbins, pfd,
29+
35)
Montgomery Ward
30.
Chairman. Hon. Mr. J. J. Paterson,
11
M'tain City Copper Co.
91
15*
National Aviation
101
J. K. Bousfield, Esq.,
151
Nat, Dairy Products
138
A. H. Compton, Esq.,
181
National Distillers
201
Hon Mr. S. H. Dodwell,
71
National Lead
181
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
MANGYON
ILOILO
BAIGON
15
Nat, Power & Light
Hon. Mr. 1. E. Pearce,
BATAVIA
ПРОИ
434
National Supply Corp.
61"
•
a. Bobetta, Esq.,"
On Batavia--
On demand
On Paris:-
LONDON RUBBER
Previous close Today's close
Amer. Sugar Retning
14
New York Cential
14
42 3/8
buyers
buyers
Change
Amer. Tel & Tel
1644
Niagara Hudson Power
5
On Manila:-
On Bangkok:
On demand
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
On Saigon:
On demand
On demand
| JAN.-MARCH
SPOT
11-3/4
11-3/4
unch.
Amer. Tobacco “B”
72:
N. American. Aviation ....
17
Hop." Mr. A. L. Shields, Sir-Vandeleur M. Grayburn,
BOMBAY MALAJUTA
TARAGE1 KLANG
SHANGHAI
SINGAPORI
NOVEMBER
11-3/4
2
11-3/4
unch.
Amer, Waterworks
10
North American Co.
20
Chief Manager. | ALAN PL201
DECEMBER
11-13/16
........ 99
45 1/
1401/2
New.
-APRIL-JUNE-
-11-7/8
11:13,16
-11-13/16
11-7/8 11-3/4
unch.
Anaconda Copper
241
Northern Pacific
Brancher:
unch
Atchison, T. & 8, Fe.
17
Owens-linols Glass Co.
53
of 1718
Aviation Corp...
43
Pacific Gas & Bec
29
Amoy
Johore
London
New York
Japan.
Indla
Hongkong
Sterling
.. Sellers
Spuc" Nov.
0/3-7/8
Spot
U.S. Dollars
$6.
$8-1/32
Nov.
5-31/32
8
Market: Quiet,
On Sterling-Notes:-
Bank Buying Rate
Bar Sliver per o..... £3 1/2
Shanghai Exchange
Shanghai, Oct. 31 Reuter).
Official T.T. Rates
Opening
Opening 0/5-13/18 5-7/8 25
21-1/8 N 25-1/4
.. Closing
6/3-57/64 0/3-57/64 0/3-7/8
The market was featureless.
NEW YORK COTTON: Prices"steadied on scarcity of offerings and on encouraging trade reports. There was some foreign buying of distant positions.
CHICAGO WHEAT: Moderate profit-taking and liquidation has con- Near positions are tinued intermittingly. Trading was light. continuing to resist declines while traders are awaiting develop- ments.
NEW YORK STOCKS: Previous close, 132.19; Today's close. 132.93; -
Change, up .79.
NEW YORK COMMODITY MARKET
New York Cotton. Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec. New York Hides, Dec. NEW YORK COTTON,
Deċ. (New contract)
Bendix Aviation
Baldwin Lecometive
Packard Motary
Bangkok
Kobe
Rangoon Saigon
Batavia
Kowloon San
Baltimore & Ohio
41
Pan-American Airways
161
Bombay
Kuala
Barber Asphalt Co.
10
Paramount Pictures
Francisco BAMBÚRG
81
Calcutta Lumpur Shanghai
Barnsdall of .....
92
Pennsylvania F.R.
24
Canton
London
311
Philadelphia Read, Coal
*
Chefoo
Lyons
Bethlehem Steel
853
Philips Petróleum
381
Colombo
Bilas & Co.
14
Public Service of NJ.
311
Dairen
Boeing Airplane Co.
181
Pullman Ine............................
263
Foochow
Borg-Warner
201 -
Pure of
ค
ELaipnony
Bankow
Briggs Mig.
243
Radio Corpn. of Am.
"St
Harbin
Budd M'facturing Corp.
5
Reading Company, Com
14
floilo
Canadian Pacific R'way
31
Remington Arms Co., Inc.
51*
Ipoh
"Case, JI ......
541*
Republic Aviation Corp. ...
51
Celanese...
28
Republic Steel
201
Chesapeake & Ohio
421
Revere Corp.
(REUTER'S SERVICE)
Chrysler Corpn.
83
Reynold Tobac. "B"
341
841 83 602
83)
Prev. Today's High___Low__Close Close Change
9.55 9.55 9.50 9.50 20.30 20.30 20:27
20.306,03 up off
Columbia Cang & Kec.
to
Safeway Stores
43
Commercial Credit Co.
.314
Schenley Distillers
101
קג. 05.
Com, & Southern (Ord.)
11
Sears Roebuck
791
Consolidated Edison' wom
26...
Shell Union où
10
Box in various sizes To Lar
831
Consolidated Of
51
Secony-Vacunam Qil
Hong Kong. 28th February, 1940.
59
601
591
14 of
Continental Can
373
Southern Pacific
BR
Singapore. Sourabays Malacca Sungei Manila Patani
Swatow Muar
Johare) Tientsin Mukden
Tokyo
New York Tsingtao Peiping Yokohama "Penang
#
GO T
HANKOW
NEW YORK
PRIPING
(Peking!
$2TIAWAN
SCURADATA TAIPING
TIENKIN TONGKAR - *
(Bhuket). IDINGTAO
TOKOHAMA
FORLIGN EXChanor and General " Banking Business transacted.
CURRENT Accounts, opened........ and FIXED DEPOSITS received for. One Year or shorter periods in Local or Other Curranoïen at rates. which will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNTS opened in LOCAL CORRINOT and FIXED DEPOSIT received for one year or shorter The Bank's Head Office in Londoà periods-in-Local and other Our undertaker Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on quoted on application..
ALBO up to date SATE DEPOSIT | terms which may be ascertained" st
any of the Agencies and Branches. R. A. CAMIDGE,» » Manager.
AGENCIES: KO CLITE "STREKT
KUALA
CANTON DAWKPORE
GAS D
LUMPUR KUCHING
MIDBAR
COLOMBO
MANILA
-
MIDAN
HAIPHONG
12.55 12.32
.12.60
12,326 .28 off
Continental Oil
18]
Southern Rly $5 pfd.
211.
Close
9.50/51
Opening
9,51/51
Calentta Exchange
January
March
May..
July
Calcutta. Oct, 30 (Reuter).. TT on Japan. 81-1/4.
October Spot
4
9.49 N
9.41b/440
Closing
9.55/55 9.480
Change
Copperweld Steel
204
Spicer Manufacturing Co. 32*
Curtiss Wright (C)
72
Standard Brands ....
.05 up
Curtiss Wright "A"
281
Stand Gas & Elec.
11
.05 up
Deere & Co.
21
Standard Oll of California
18
9.49/49
9.50/50
9.62/53
.03 up
Distillers Corpn. Seagrams
17t
Standard Oil of N.J.
....:
352
9.40/40
9.40/40
9.43/43.
.03 up
Douglas Aircraft
882
Stone & Webster
87
9.21/22
9.23/22
9.24/24
03 up:
Do Pont de Nemours
170
Studebaker Com.
84
") ...... 8.76/78
8.80/81
8.79n
.03 up
Eagle Picher Lead
91*
Swift International
18
9.53 N
9.58n
05 up
Eaton Mig. Co.
35
Technicolor
9
Offtake 50 bars.
SILVER MARKET
LONDON SILVER London, Oct. 30 (Reuter). Silver-Little general buying. Business very small Market quiet- ly steady. In the afternoon.. the market was quietly steady with no business.
Spot, 23-1/2d.
Forward, 23-7/16d.
BOMBAY SILVER
Bombay, Oct. 30 (Reuter
Market-Steady.
Total sales Tuesday:-51,800 bales. NEW YORK RUBBER
December January March May
Elec.Autolite
37
Texas Corpn.:
364
Elec Bond & Share
61
Texes Gulf,, Sulphur
341
Elec. Bond & Share $5 pf.
62}*
Timken-Axle ......
284
20.27/27
20.02b 19,83b 19.74b
20.20b/45a 20.30b 19.05b/20.20a 20.05b
19:85b/90a 19.00/90 19.75b/80a 19.77/77
.03 up
Elec. Band & Share $6 pf.
711
Trans America Có.
5
.03 up
Elec. Power & Light $7 pt.
39
20th Cent, Fox
51
07 2
Flintkor
173
Union Bag & Paper Corp.
124
..03 up
Geri. American Trans.
404
Union Carbide & Carbon
74.
Total sales:-220 tons. CHICAGO WHEAT
Gen. Hectric'
244-
Union Pacific
82
Gen. Motor
501
United Aircraft
407
December May
833/831 831/831 831/831 824/821 821/822
Gen. Railway Signal
151
United Airlines Trans
181
off
Gen. Tire & Rubber
12
United Corpn.
21
82)/821
1 off
Glidden Co.
141
United Corp. $3 cum pt.
331
Tuesday's sales:-10,926,000 bushels. CHICAGO CORN
Goodrich (B.F.)
131
United Gas Corpn.
1
Goodrich $5 pt.
572
United Gas Improvement 113
December May
600/601 604/601 612/61
617/619
591/59 592/591
11 off
Goodyear Tire & Co.
181
U.S.. Industrual Alcohol ...
221
13 off
Great Northern Iron Ore
154
U.S. Rubber
22
Indian Mint Silver
Great Northern Rly, pfd.
28
US. Rubber £8 pfd;
80
||
WINNIPEG WHEAT
Great Western Sugar
201
U.B, Smelting
60
Ready..
61-06
October
701/70%
701/701
Nov. 26 Settlement
81-07
701b
1 off
Greyhound Corpn.
117
U.8. Steel
851
61-09
NEW YORK HIDES
December
4.441 4,441
4,961
Government)
(Figures in Lakhs of Rupees).
Dec, 27 Settlement
RESERVE BANK OF INDIA STATEMENT
Calcutta, Oct. 30 (Reuter}.
Oct. 18 Oct. 25
Notes in circulation
(including Notes held in the Bank-. ing Department). 25,696 25,715
Rapee Coin and Bul-
lion in India Gold Coin and Bul-
Ilon in India
(Indian
Securities
Government)
Securities (British
3.142 3,162
March
Total sales for the day:89 contracts.
NY Official Silver...... 34-3/4 NY-London Cross Rate 4.04
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
are subject to confirmation and no Jap. 6% Ster. Loan, 1924 23 13.150 13,150 responsibility is assumed for errors Ger. 7% Intl. 'Loan, 1923 5
Hercules Powder Co.
754
Vanadium
351.
Homestake Mining
484
Vultes Aircraft
87
12.60/60- 12.45/45
12.55b/70a 12,32b/40x 12.38b/55a 12.22b
29 off
Int Nickel.
271
Walworth Co.
51
23 off
Inter. Paper & Power"
15
Warner Bros. Pict.
21
Int. Tel & Tél.
21.
Westinghouse Elec,
108
34-3/4" 4.03-1/2
Kennecott Copper
331.
Woodward Iron Cor.
314
Lakey Foundry & Mac....... Libbey-Owens-Ford Glas 44) Lockheed Aircraft
41
Chase National Bank National City Bank
324*
284
DOW JONES AVERAGE.
1940
High
London, Oct. 30. The following quotations are 'the middle prices at the close of the 4,961 market in London. All quotations
Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl Loan) 8 Tientsin-Puków Rly, 5%
32.67 92.16 20
20.45 18.03 20
Low Dow Jones Averages 152.80 111.84" 30 Industrials
Rails Utilities
Oct. 29,
132,19
2812
קס 24.
92 49
22.81 22.50 -22.74
.95 up
(Ger. Stpd. Supl, Loan)
8-
90.61 83.06 40, Bonds
89.76
89.87
64.07 48.47.11
Commodity Index
55.13
61.03
Al up 20 of
Business Done-670,000 shares
N
in transmission:
Chartered Bank
61
LONDON METALS
EXCHANGE
London, Oct. 30 (Reuter).
Tin, Standard, Cash, Middle Price, 259-3/8.
Tin, Standard, 3 months. Middle Price, 281-3/4.. Market quiet.
LONDON STOCK EXCHANGE
LONDON, Oct. 31 (Reuter
The London Stock Exchange was quiet yesterday ana generally imaginess was. Umited.
Loan Glit-edged Honan Riy, 5% securities was fractionably higher Hukuang Rly 8%, 1911...
̧·(L.P. N/Y Issue) and certain Industrials were sup-
ported while sinking fund pur-3ukuang Kly, 5%, 1911 chases sided Brazilian Bonds,
Trinidad olls hardened. Wall Lung Taing & U: Hai
HK. & S'hal Bank (Ldn.
Reg.)
War Loan. 31% (Red,
after 1952) Janton-Kloon
Chinese 41% Go.
101 5% e рап
EK & Shal Hant-(Cal.
Reg)
87
Chinese. Eng. & Mining
(bearer
14/
1898 (Brit. Issa Chinese 5% Gold onds.
1925-47
30
Chosen Corporation.....
4/--
Pekin Syndicate
2/-
36
B'haf Elec. Conetr, Co...
15/-
Chin. 41% Anglo-French
Bhai Waterworks "A"
.134
Loan, 1908
44
Union Insurance
20
TOL
Chinese 5% Crisp Loan.
1912
Gula Kalumpang Rubber 13/9
12
B-A. Tob. (bearer).....
82/0
[Chinese 5% Reorg, Loan,
Mercantile Bank
101
1913 (Ldn. 18.)
18
Dunlop Rubber
30/3
|
Chinese 8% Ster. Notes,
*1925 (Vickers)
Bristol Aeroplane
9/71
Imperial Chemical Ind. 27/3
Chin. Imperial Aly. 5%
United Steel
18/9
41
Woolworths
57/6
All steamers berth alongside
10
Margnan- Investments ...
7/8
the Roosevelt Terminal in
Western' Holdings
the French Concession at
8/9
Sub-Nigel
100
Shanghai, where passengers
Shell Trans, & Trad.
and cargo are landed. ---
German Issue)
(bearer')
34742
For further particulars
Nat Defence Bonds, 3%
101}
Street was quietly steray.
LONDON GOLD
Rly, 5% 1913
Loriden-Midlands-Boot-
S'hal-N'King Rly. 5%
12:
tish, 3%
· 134
London, Oct. 30 (Reuter). Bar Gold, Fine per oz., 168)
Tientsin-Pukow, Rly, 5%
(Brit. 8tpd.) Tientsin-Pukow Riy, 5%
(German Stpd.) ****
¡Great Western · Rall-
way, 3%
Nat Bank of India. 1
*————bid.
t-ex
·393 20
please apply to
JARDINE E MATHESON&Co.,LTD. TELEPHONE SOJIL - GENERAL MANAGERS
Oct. 31, 1940. High Low Close 133.43 13499 132.95 29.01 28.65 29.00
274*
Change
.79 up
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COB PORATION. Bules may be obtain- ad 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, CENTRAL
A
HEAD OFFICE:
PINE STREET,
NEW YORK An American Bank offering com plete Foreign Banking Barvic in the principal Markets of the world. Interest Rates on Application.
SAKE DEPOSIT BOXES..
This Bank is entirely owned by
CHASE TK
BANY NATIONAL NEW YORK, with Resources of ornf U.S.$1,900,000,000,-
D. M. BIGGAR,
Second Fice Pr
A job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO,
and TIENTSIN.
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
BANK OF EAST ASIA, LIMITED
Authorised Capital $10,000,000.00 Paid-Up Capital 5,598,000.00 Reserve and Undivided
Profita
2,003,231.18
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
SIR SHOTSON Oнow, Chairman
Li Lan Hang, Esq. Li Ko Chun, Eaq, P. K. Kwok, Esq. Wong Chu Son, Esq. Wang Tan Tong, Eng. Kan Ying Po, Exkl. Chan Ching Shak, Kaq, Fang Ping Wah Bag KAN TONG Po, Esq., Chief Manager LI TH FONO, Esq., Manager.
Branches and Agencies:--
Loud.com
Blogspore Banroon Bourabays
Manila Madalyon Explow
Halboturna – San Fran. Sydney Semaka
Peiping
ין
Every description of Banking and Exchange business transacted. Loans granted on approved securities."
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will he quoted on application.........
SAFE CEPOSIT Borrs To LET.
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 CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend ko`our. Clients special facilities for Domestic and Foreign Banking and Exchange.
Head" Omes:-BHANGHAI Hong Kong Branch: QUEEN'S ROAD, C.
·South China Offices:
KONGMOON. TUISHAN
UANTON
SWATOW SHIUCHOW
· KINGCHOW We also handle the issue of Bonds and other Publio. Funds of the Chinese Government both at Home land. Al fond
BHOD
Manager
Koreioan
Amay
Batavia
Bombay
Onicatta
Haiphong
disno Tianwila
Bankow
| Mitoplula
New York SeaLIJA: Paris
abs
Betty Stanghal