Adams Express
Alleghany Steel Co.
370
Allis Chalmers
Aluminium Ltd,
On demand
On Japani
On demand
59 3/4
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 4, 1940
On London:-
Telegraphic Transfer. 1/2 7/3 Bant Bills, on demand 1/9 7/8 Credits 4 months' sight
On Shanghai:----
On demand ...
On Singapore:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 3, 1940.
TUESDAY,
NOVEMBER 5, 1940.
BANKS
HONGKONG & SHANGHAI THE "CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.. $50,000,000 Issued & Fully Paid-Up $90,000,000
Reserve Funds: Sterling
INDIA, AUSTRALIA AND CHINA incorporated by Royal Charter, 1858 Paid-Up Capital Reserve Fund....
............£3,000,000 £3,000,000
prietors
£3,000,000
HEAD OFFICE; LONDON:
38, Bishopsgate E.C.2.
Sub-Agoncles In London:
£ 6,800,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Reserve Liability of
Last Sale Nov, 2
STOCKS
Last Sale
..
Proprietors
$20,000,000
Nov, 2
Loew's Inc.
274
Head Office:-HONG KONG
24
Loft Incorperated
201
371
Mack Truck Inc.
29
20*
Martin, Glen L.....
334
H. V. Wilkinson, Esq.,,
Amer. Can
931
McKesson & Robbins,, pfd. 29
22
Chairman.
100
On India:-
Telegraphic
NEW YORK, November 2, 1940.
SINGAPORE RUBBER
American Cyanamid B.
361
Montgomery Ward
391
Hon. Mr. J. J. Paterson,
Previous
Nov. 2
Amer. & Foreign Power
13
M'tain City Copper Co.
34
Deputy Chairman.
Close Opening Closing
Charige
Amer & Foreign $7 pf.
151
National Aviation ..............
111
J. K. Bousfield, Esq.,
Transfer.
and demand
82 1/3
buyers buyers
Amer, Locomotive
164
Nat, Dairy Products
131
A. H. Compton, Ex
3 POT
38-7/8
Amer, Metala Co.
171
National Distillers.....
201
Bon. "Mr. S. H. Dodwell,
On New York:-
JAN.-MARCH
$7 cts.
Market closed
Bank Bills, on demand 23 7/8 Credlis, 60 days' might 93 3/4
Amer, Radiator.
73
National Lead
181
G. Miskin, Esq..
APRIL-JUNE
35-1/8
Amer. Rolling Mill
161
Nat, Power & Light
8+
E. S. Morrison, Esq.,
On Batavia:-
LONDON RUBBER
buyers
On demand
42 5/8
Previous close Today's close
buyers.
Amer. 'ting and Ring Co.
434
National Supply Corp.
Change
Amer. Sugar Rearing ......
14
New York Central
154
On Parts
SPOT
11-3/4.
Amer. Tel & Tel.
1657
Niagara Hudson Power
5
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
DECEMBER
11-13/18
Amer, Tobacco "B"
741
JANUARY
11-7/8
Market closed
Amer, Waterworks
∙ 10
N. American Aviation North American Co.
171
211
On Saigon:-
FEBRUARY
11-15/6
Anaconda Copper
25
Northern Facific...
75
Branches:
On demand
39 1/2
On Manila:--
On demand
45 3/4
On Bangkok:-
On Sterling Notes:---
Bank Buying Rate
Bar Silver per oz.
Now. 23 1/2
quota-
at
On demand. ............................ 149 1/3
Market Report
FROM ROZA BROS,
Monday, Nov. 4. Suver
Were prices
unchanged over the week-end, the
APRIL-JUNE
NEW YORK COTTON: Trade shorts were good buyers of near
positions. Textiles markets were firm and active.
CHICAGO WHEAT: The undertone was arm. Trading was mo- derate, with some disposition to awalt the outcome of the elec- tion on November 5.
NEW YORK STOCKS: Previous close, 134.41; Today's close, 134.85:
Chage, up 44.
NEW YORK COMMODITY. MARKET
tions remaining at 23.1/2" for New York Cotton. Dec. Ready and 23.7/16 for Forward. New York Rubber, Dec. -American-Silver was unquoted... Chicago Wheat,-Dec- The London New York cross-Chicago Corn, Dec. rate was quoted at 402.1:2 New New York Hides, Dec. York, London was quoted
NEW YORK COTTON
403.3/4
Bendix Aviation
11-13/16
Atchison, T. & S. Fe. Aviation Corp. Baldwin 'Lecometive Baltimore & Ohlo
·171"
Owens-Illinois Glass Co.
51
Pacific Gas & Bec
291
Amoy
Johore
174
Packard Motors
Bangkok
Kobe
Rangoon Saigon
31
Batavia
Kowloon San
Board of Directors: Yeh7/122, Leadenhall Street, E.Ç.3"
Hon. Mr. T. E. Pearce,
C. C. Roberta, Esq., Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
West End Branch: 14/16, Cockapur Street, 8.Wi Manchester Branch:
32, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES ·
HABHIN PANANG HONG KONG KANGOON
ALOE STAR AMRITSAR BANGIOK BATAVIA BOMBAY
CALOUITA KLANG
~~AGENCI£8,~~~KUBI" ULITE STREET KUALA FAILIX PLAC CANTON.. CAWNPORN GEBU COLOMBO DILUI
LUMPUR KUCHING
ILOILO IPOR KARACAI
BAIGON
HIESVEAN
BHANGHAI
SINGAPORE
SITIAWAN
BOURADATA
TAIPING TIENTBIN
MAD RAB
TONGKAR
-MANILA
(Bhaket)
MEDAN.
TBINGTAS
Pan-American Airways
184
Boutay
Kuala
Francisco
HAIPHONG
Barber Asphalt Co.
103*
Paramount Pictures
84
Calcutta Lumpur Shanghai
Barnsdall Ou.....
Pennsylvania R.R
24
Centon
London
337
Philadelphia Read, Coal
}
Chefoo
Lyons
Bethlehem Steel
861
Phillips Petroleum
38
Colombo
Malacca
Singapore Saurabaya Sungai.
Bliss Co.
141
Public Service of NJ.
341
Dairen'
Manils
Boeing Airplane Co.
17!
Pullman Inc.............................................
27
Foochow
Muar
Borg-Warner
201
Pure Oll
8
Haiphong
Bankow
Mukden
Briggs Mig.
247
Radio Corpn. of Am
5+
Harbin
New York
Tokyo Tsingtao
Budd M'facturing Corp.
5
Reading Company,
Com
14"
Iloilo
Peiping
(REUTER'S SERVICE)
Canadian Pacific R'way
Remington Arms 'Co., Inc.
51*
Ipoh
High Low 9.62 9.57
84+ -83 397 591 13.47 12.45
Prev Today's
Close Close Change 9.55 9.80 .05 up 20.35b 20.30b .05 off
84 591 597 i up 12.50 12.45b 05 off
Сазе, .І.
58.
Repúblic Aviation Corp.
51
Celanese
271
Republic Steel
$217
Chesapeake & Ohio
429
Revere Corp.
12+
Chrysler Corpn.
338
Reynold Tobac. "B"
35%
837 1.oft
Columbia Gas & Elec.
6+
Safeway Stores
42
Commercial" Credit Co. Com, & Southern (Ord.)
32
Schenley Distillers
10
1
Sears Roebuck
798
quoted on application,
MARKET
Dec. (New contract)
Close
9.55/56
Opening
Closing
Change
Consolidated Edison
282
Shell Union Oil
107
Consolidated Ofl
Socony-Vacunum. Ofl
Boxes in various sizes, To Lar Hong Kong 28th February, 1940.
9.58/58
9.30/60
.05 up
Continental Can
381
Southern Pacifie
Quiet
January
{
9.47 N
unquoted 9.50n
March
(...)
9.55/55
9.57/58
9.58/58.
{
"...... 9.45/45"
9.47/47
9.49/49
( m )
9.25/25
9.27/27
9.30/30
8.77/17°
8.79/79
8.80/80
Spot
9.57. N
9.83n
20.35b
.20.40a
20.10b
Märch
19.95b
May
19.826
20.30b/398 .05 off unquoted. 20.05b 19.85b/20.00a 19.98b/20.00 .03 up unquoted 19.75b/80a .07 off
Total sales: N11. CHICAGO WHEAT
December
At
the
opening sellers
of May
84/84) 831/831
84/837
83+/831
84/831 831/831
CHICAGO CORN
the
593/504
591/591 60%/801 61/61
591/591 61/61..
714a
71a
for
11
the March
12,60/50 12.25/25
unquoted 4.03-3/4
- STERLING
No business was reported. The May market closed with sellers at July
November/January, October 1/2.31/32
buyers at 1/3 for Cash
U.S. DOLLARS '
Total sales Friday:-86.300 bales.
NEW YORK RUBBER ·
Some business was reported early in the morning at 23.1/4 for Cash. The market closed with December "sellers at 23.3/18 for Cash, buy- January
ers bidding 23.5/16 for Cash,
SHANGHAI DOLLARS
Business was arranged at. 384 and 383.1/2. The market closed
at 1 p.m. with sellers at 382.1/2. SHANGHAI MARKET
Sterling for Spot were quoted at Friday's sales:-9,280,000 bushels. 3.59/64. Subsequently the rate
and at
eased off to 3.7/8 close sellers were quoted at 3.57 December 64 for Spot. US Dollars sellers May were quoted at 6.3/32 at the
WINNIPEG WHEAT the opening. Subsequently
rate eased off to 6 and closed
at December Noon with sellers at 8.1/32 Spot.
AFTERNOON MARKET The market was quiet in afternoon
STERLING
The market closed with sellers at 1/2.31/32 November/January, buyers at 1/3 for Cash.
U. 8. DOLLARS There were sellers at 23.3/16 For Cash, buyers at 23:3718-for Cash
SHANGHAI DOLLARS
A small business was done at 383 and also 382.1/2. The market closed with sellers at 382. buyers at 382.1/2:
| NEW YORK HIDES
December
12.45b/84a 12.45b- 12.30b/35a 12.21b Total sales for the day:-23 contracts.
34-3/4 NY Official Silver ... NY-London Cross Rate 4.03-3/4"
LONDON STOCK EXCHANGE-
(EEUTER'S SERVICE)
London, Nov. 1.
Tientsin-Pukow Rly. 5% The following quotations are the
(Brit. Sipd. Supl Loan) 8 middle prices at the close of the Tientsin-Pukow Rly. 5% market in London. All quotations (Ger.Stpd. Supl. Loaf) 8 are subject to confirmation and no Jap. 6 Bter. Lom, 1824 21 Last advices indicated sellers responsibility is assumed for errors Ger. 1 Intl. Loan, 1924 54
SHANGHAI MARKET
pt Sterling at 3.29/32 and Dollars at 8.1/16 for Spot.
U.S.in transmission..
1940
DOW JONES AVERAGE
Low Dow Jones Averages High 153.80 111.84 20 Industriala
39.67 22.15 20 Rails 20.45 18.03 20 90.81, 83.08.40 84.07 48 47 / 11
Nov. 3, 1940. Nov. 1, High Low Close
135,03 133.94 134.85 23.34 – 2010 29.92 23.45
Change
134.41
44 up
29.32
Utilities Bonda Commodity Index
23 29
90.23
53.08
.10 off 23,15 23.44 to up 90.20 .03 off 55.14
08 пр
Business Done;-470,000 shares
.03 up
Continental Oil
.03 up
Copperweld Steel
04 up
Curtiss-WrightTM (G.)
.05 up
Curtiss Wright "A"
.03 up
Deere & Co.
.08 up
Distillers Corpn. Seagrams 17*
Douglas Aircraft.......................
Du Pont de Nemours
Eagle Picher Lead
Entón Mfg. Co. 2.
Elec. Autolite...
.05 oft
Elec Bond & Share Elec. Bond & Share $5 pf.
Elec. Band & Share $8 pt.
Elec. Power & Light 37 pr.
Flintkote
Gen. American Trana.
off I up
Gen. Eectric
Gen. MotorS......
Gen, Railway Signal
Gen. Tire & Rubber
Glidden Co.
Goodrich (B.F.)
1 up
Goodrich $5 pt.
} up
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Rlj, pfd,
unch,
Great Western Bugar
Greyhound Corpn.
Hercules Powder Co
.06
off 04 off
Homestake Mining
Int Nickel
Inter. Paper & Power'
Int, Tel, & Tel
Kennecott Copper
Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
HONGKONG SAVINGS
BANK
The Business of the abore Bank is conducted by the HONGKONG
SHANGHAI BANKING COB PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
7. M. GRAYBURN,
Chief Manager. Hong Kong: 25th Feb., 1930.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD "OFFICE:
18, PINE STREET,
NEW YORK
An American Bank offering com
plete Foreign Banking Service in the principal Markets of the world.
U.S.$2,000,000,600.
M. BIGGAR,
Second Vice Pre
A job?
WANT ADS
INDO-CHINA
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000,00 Paid-Up Capital 5,588,600.00 Reserve and Undivided
Profts
2,963,231.08
Head Office:~HONG KONG -No. 10 Des Voeux Road, Central
Board of Directors: SIR SHOPBON Oxow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Baq. Wong Chu Son, Esq. Wong Tun Tong, Esq. Kan Ying Pa, Lag. than Ching Shok, Req, Fang Ping Wah Esq KAN TONG PO, Esq., Chief Manager LI TEE FONO, Esq., Manager
Bateria
Branches and Agencies:•-,
Kotloon Pan
Biegaporn
Bangoos Boorsday's
Manila Baron
Bestow
Melbourne San Fran. Sydney Kagamka
alsos Tentat
CONTEX
Bemarang Shanghal
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 of, shorter periods in Local and Foreign Car rencies on terms which will be quoted on application.
SAPE LEPOSIT BOXES 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
STEAM NAVIGATION COMPANY L (BRANCHES ALL OVRE CHINA)
Operating Services for Cargo and Passengers"
Chartered Bank
£
H.K, Shai Bank (Ldn.
Reg.)
62
21-1/8 N 25-1/4
Selleri
Chin. Imperial 'Rly,"5%
Loan Horan Rly 5%
6-1/16- 6-1/32
Shanghai Exchange
Shanghai, Nov. 4" (Reuter).
Official T.T. Rates
Opening 0/3-13/18 5-7/8
25
London
New York
Гарад
India Hongkong
Sterling
Opening Closing Spot D/3-59/64 073-29/32 Nov......."D/3-59/64 -0/3-29/32 0/3-29/32 0/3-57/64 US Dollars
Dec.
"Spot Nov.
Dec.
$0-3/32* 786-1/16"
6-3/32
8-1/16 Market: Quiet but steady.
3lver Daty Kate
The Central Bank of China's
Hukuang Rly 6%, 1911.....
(LP. NIY Laste) Hukuang Rly, 5%. 1911
German: Issue Y- Lung Teing & U. Hal.
Ely. 5% 1913.......... S'hal-N'King Rly. 5%
rate on London at 10 am today Tientsin-Pukow Rly. 5%
was 1/2-1/24:
Brit 8fpd.)
The Equalisation rate was 241 7tentsin-Pakow Rly 6%
(German Stpd.)
per cent.
Nat Bank of India, 1%28
bid.
War Loan. 31% (Red,
after., 1952) Carton-Kloon Rly 5% Chinese 41% Gold Loan 1898 (Brit. Issue)...... Chinese 5% Gold Bonds.
1925-47........ Chin. 44% Anglo-French
Loan, 1908 44 Chinese 6% Crisp Loah.
1912 Chinese 5% Reorg, Loan,
1913 (Ldn. Is.) Chinese 8% Ster. Notes.
1925 (Vickers)
H.K. & S'hat Bank (Cal.
1011 6
Regy"
Chinese Eng. & Mining
(bearer)
14/-
30
Chosen Corporation
4/-
Pekin Syndicate
2/-
35
B'hal Elec. Constr. Co..... 6'hal Waterworka “A”
157-
12
131 Union 'Insurance
20 Gula Kalampong Rubber 13/0 B.-A. Tob. (bearer)
F
TO--
SWATOW, SHANGHAL, TSINGTAU, CHEFOO
Mercantile Bank
83/11 101
and TIENTSIN. §-
18
Dunlop Rubber
80/3
Bristol Aeroplane
9/74
9
Imperial Chemical Ind. 27/4
United Steel
· 19/10) ·
#9
Woolworths
57/6
Maraman Investments
Western Holdings
8/9
Sub-Nigel ..
157/0
10.
hell Trans, & Trad
(bearer) Nat Defence Bonds, 3% 1014
·34/44
London Midlands-Ecot-
tlah, 3%
131
Great Western Rall-
way, 3%
324
KOBF and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession ́SA. Shanghai, where passengera and cargo are landed.”“
For further particulara
please apply to
JARDINE MATHESON&Co.Lro TELERNONE KOSIL - GENERAL MANAGERS
Owing to our numerous Branches in China sad connections in the principal CommercialTM Centres of the World, we are able to extend to our Clients special facilities Tor Domestic and Foreign Banking and Exchange
~Head' Ofleo:-SHANGHAI
Hong Kong Branch;
4,′′ QUEEN'S ROAD, 0.
South China Offices!"
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGCHOW We also handle the issue of Bonds and other Public Fonds of the Chinese Government both as Home and, Abroad:
SHOUJ CHEN,
Manager.
18
Southern Rly $5 pfd. "......
32
Patani Swałow (Johore) Tientain
Penang
--
Yokohama
(Peking)
FORE.ON EXCHANOS and General Banking Business transacted.
CURRENT ACCOUNTS opened. and FIXED DEPOSIT received for, One Year or shorter periods in Local' or Other Currencies at rates whion will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNT opened in interest-allowed-at-rates-obtainable LOCAL CURRENCx and FIXED Désirs on application.
received for one year or shorter The Bank's Head Office in London periods in Local and other Our-undertakes Executor and Trustee rencies on terms which will be husiness, and claima recovery of
British Income Tax overpaid, oo
Atso up to date SAFE DEPOSIT terms which may be ascertained at
any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
HAMBURG KANIOW
NEW YORK PRAPING
TORDHAM
203
Spleer Manufacturing Co. 33
i
81
Standard Brands
pers
*
281
Stand Gas & Elec:
201
Standard Oil of California
18
Standard On of NJ.
35+
891
Stone & Webster
170
Studebaker Com
81.
91.
Swift International
187-
351
Technicolor
36%
Texas Corpn.
971
61
Texes Gulf Sulphur
35
65
Timken-Axle
281
72
Trans-America Co.
51
391 ·
20th Cent. FOX.
6
171
Union Bag & Paper Corp.
124.
521
Union Carbide & Carbon
752
357
Union Pacific
82
514
United Aircraft
421
16
United Airlines Trans ......
191
#121
United Corpn...
21
141
United Corpn. $3 cum pt.
34
137
United Gas Corpa..........
11
60
United Gas Improvement
12
*181
US., Industrual Alcohol
221*
161
U.S. Rubber
221
Amoy
281
US. Rubber $8 pfd.
821
Interest Rates on Application.... •
London
Bombay
201
US. Smelting
51
Calostia
11
U.8. Steel
697
SAFE DEPOSIT BOXES
Halphong
Harlow
New York
Beattie
767
Vanadium
354
Belgia
Paci
481
Vultee Aircraft
81*
254
Walworth Co.
58
This Bank is entirely owned by
THE CHASE NATIONAL BANK NEW YORK, with Resources of ovrg
Robe
Pdying
15%
Warner Bros. Pict
21
2*
Westinghouse Elec,
107
34号
41
Glass 44%
Woodward Iron Cor. Chase National Bank National City Bank.
32
344* 283*
301