Adama Express
Alleghany Steel Co.
370
Allis Chalmers
52 3/4
Aluminium Ltd.
Amer. Gan
In Japan:-
NEW YORK. November 4, 1940.
On demand
100
American Cyanamid B.
Previous
Nov. 4
On India-
Amer. & Foreign Power....
SINGAPORE RUBBER
Close Opening Closing buyers buyers
Change
Telegraphic Transfer. and demand.....
Amer & Foreign $7 pf....
82 1/2
Amer. Locomotive
SPOT
98-7/8
JAN.-MARCH
37 cts.
38-3/4 38-3/4 37-1/8
off 1/8
Ja New York:
Amer. Metals. Co.
37-1/8
up 1/8
Amer. Radiator
APRIL-JUNE
35-1/8
35, ets. 35 cts.
off 1/8
Amer. Rolling Mill
On Batavia:—
Amer. Sting and R'ing Co.
On demand
48 5/8
Amer. Sugar Refining
Change unch,
On Paris:-
Amer. Tel & Tel.
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
Amer. Tobacco “B” ....
Amer. Waterworks
Ja Saigon:-
Anaconda Copper
On demand
99 1/2
Atchison, T. & 5. Fe
APRIL-JUNE
The market was quiet.
NEW YORK COTTON: Mill fixations
lending continuing
strength. Irrespective of the election we believe that July will
be above ten cents before maturity.
NEW YORK STOCKS: Previous close. 134.85: Today's close. 135.21:
Change, up 36.
NOTICE:
Bar Silver per oz.
All American markets will be closed on Tuesday, Nov. Shanghai Exchange
5, being Election Day.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
"Shanghal. Nov, 5 (Reuter).
Ja Manila:-
Aviation Corp.
On demand
45 3/4
Baldwin Lecometive
On Bangkok
Baltimore & Ohio.
On demand
149 1/2
Barber Asphalt Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS
14
STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
The market was steady but quiet.
LONDON RUBBER
Previous close Today's close
SPOT
DECEMBER
JANUARY
FEBRUARY
11-7/8
buyers 11-3/4 11-13/10
buyers
I
11-3/4
11-13/10
11-7/8
11-15/16
11-15/16
#1-13 16
11-13/16
are
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 5, 1940.
On London:-
Telegraphic Transter. 1/2 7/3 Bank Bills, on demand 1/8 7/8 Credits 4 months' sight
On Shanghai:-
On demand
On Smgapore:---
On demand
Bank Bills, on demand 22 7/8 Credlis, 60 days sight 23 3/4
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 5, 1940.
19
WEDNESDAY, NOVEMBER 6, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised.Capital 880,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1888
Reserve Funds:
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
Hon. Mr. A. L. Shielda, Sir Vandeleur M. Grayburn,
£3,000,000
50,000,009
£3,000,000,
HEAD. OFFICE: LONDON;. "
38, Bishopsgate E.0.2 Sub-Agencies In London:
117/122, Leadenhall Street, E.C.a West End Branch: 14/18, Cockapur Street, S.W1 Manchester Branch: 62, Mosley Street, Manchester, 2
AGENCIES. AND BRANCHES :
ALOR STAR KARRIN AMRITSAR
BANGKOK
BATAVIA
AGENCIES:
Chief Manager. Fanlik Flack
Branches:
Jobore Rangoou
Kobe 'Saigon
CANTON
REDANAYO
HONG KUNG ILOTLA
1POR KARACHI SLANG
KOBR
PINANG
BANGOON
TONGKAH
(Bhuket)
THINGTAO
Sterling
Paid-Up Capital £6,500,000 Reserve Fund
Last Sale
STOCKS
Last Sale
Reserve Liability of
prietors
Proprietors
$90,000,000
Nov. 4
"Nov. 4
Lpew's Inc. ...
271.
Head Office:-HONG KONG
241
Loft Incorperated
211
384
Mack Truck The.
-281
30.
Martin, Glen L
33
Board of Directors: H. V. Wilkinson, Esq.,
95
McKesson & Robbins, pid." 283
361
Montgomery Ward
393
11
M'tain City Copper Co.
31.
-16-1
National Aviation
111
161
Nat, Dairy Products
133
J. K. Bousfield, Esq., A. H. Compton, Esq.,
171
National Distillers
201
Hon. Mr. S. . Rodwell,
71
| National Lead
183
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
161
Nat, Fower & Light
.82
- BAIGON
Hos. Mr. T. E. Pearce,
432
National Supply Corp.
SEREMBAN
"61
C. C. Roberts, Esq..
14)
New York Cential
141
BOMBAY CALCUTTA
SHANGHAI
SINGAPOR
1661
Niagara Hudson PoweE
ུ -
SITIAWAN
76
N. American Avtation
173
CLARK STUER? KUALA
SCORAMAYA
14
10/1
North American Co.
201
LUMPUR
TAIPING
247
Northern Pacific
RUCHING
TIENTSIN
173
Owens-linois Glass Co.
503
CEBU
MADRAS
51
Pacific Gas & Elec
291
Amoy
COLOMBO
MANILA
174
Packard Motors
Bangkok
3}
DELHI
MEDAN
Batavia
Kowloon San
41
Pan-American Airways
164
Hombay
Kuala
Francisco.
101
Paramount Pictures
87
Calcutta
Lumpur
On Sterling Notes:
Barnsdall Ol
91
Pennsylvania ER.
241+
Cantou
London
Singapore
Bank Buying Rate
Now,
Bendix Aviation
341
Philadelphia Read, Coal
J
Chefoo
Lyons
Sourabaya
23 7/16
Bethlehem Steel
STA
Phillips Petroleum
371
Colomit
. Malacca
Elisa Co.
14
Public Service of N.J.
343
Dairen
Manila
Foochow
Boeing Airplane. Co.
17A
Pullman Inc......
262
Borg-Warner
201
Pure Onl
8
Haiphong
Ranko
Briggs Mig.
25
Radio Corpn. of Am,
51.
Harbia
Oficial, T.T. Rates
Budd M'facturing Corp.
51
Reading Company, Com
14}
Iloilo
Londons
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
• Close
601 501 32 56 12,42
851 833
Prev. Today's Righ Low Close Close 9.67 9.58 9.60 9.65 20.30 20.23 20.30b 20.30 831 85% 597 601 *** 12,45b 12.55
New York
Change
.05 up unch.
Japan India Hongkong
Opening 0/3-13/18 5-7/8 25
Canadian Pacific R'way
31
Remington Arms Co., Inc.
51*
Ipoh
Case, JI
571
Republic Aviation Corp.....
51
Celanese
28
Hepublic Steet
213
Chesapeake & Ohlo
421
Revere Corp.
113
21-1/8 N
Chrysler Corpn.
831
Reynold Tobac. "B"
351
25-1/4
Columbia Gas & Elec
61
Safeway Stores
421
"Commercial Credit Co.
324
+
Schenley Distillers
101
Opening
Closing
Change
Nov.
9.60/80
9.00/59
-2,65/65
.05 up
Dec
9.50 N
unquoted
9.55n
.05 up
March
9.58/58
9.56/57
*9.63/63
.05 up
Spot
May
1
9.49/49
9.46/45
9.55/55
.00 up
Nov.
July
。
9.30/30
9.28/28
9.36/38
.05 up
Dec.
October
r
}
8.80/80
8.79/79
8.84n
כנן 04.
Spot
9.63 N
9.671
.04 up
Total sales Saturday:-34,200 bales.
NEW YORK RUBBER
December
January
March
May
20.30b/39a 20.20b/35a 20.30b 20.05b
unquoted 20.00b 19.986/20.00 12.87/88 19,81b
19.75b/80a 19.67b/70a 19.65/65
unch. .05 off .17 off .10" off
Total sales:-340 tons.
CHICAGO WHEAT
Saturday's sales:-6,198,000 bushels,
.84/831
831/831
NEW YORK HIDES
December
March
unquoted
December
May
84/841 831/833
853/85! 842/841
11 up
CHICAGO CORN
December
May
591/591 501/598 61/81
61/81
601/60) 61/511
7. up
up:
WINNIPEG WHEAT
December
71ja
7ija
unch.
12.45b
12.12b
12.31b/55a 12.23/15
12.55/55 12.30/33
.10 up .09 up
34-3/4
Total sales for the day:-85 lots.
NY Official Silver
NY-London Cross Rate 4.03-3/4
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, November £
The following quotations are the
4.03-3/4
1 up up 19 up
Spot
Sterling
Sellers"
Opening Closing 0/3-29/32 0/3-29/32 0/3-29/32 0/3-29/32 0/3-57/64 0/3-57/64 U.S... Dollars
$6-1/16 $6-1/16 6-1/16- 8-1/16 :6-1/32
Silver Duty Rate
The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/2d.
The Equalisation rate was 244 per cent.
Holiday Notice All American markets will be closed tomorrow.
1P Calcutta Exchange
LONDON METALS
TIM
EXCHANGE
London, Nov. 4 (Reuter),
Standard, Cash... Middle
Price, 2258-1/0-
Tin, Standard, 3 months, Middle
middle prices at the close of the Price, £260-1/8.
market-in-London. All quotations are subject to confirmation and no responsibility is amumed for errors In transmission.
Market steady.
Ger. Stpd. Supl. Loan) 8
Calcutta, Nov. 4 (Reuter). TT. on Japan, 81-1/4.
India Rupee Paper
Bombay. Nov. 4 (Reuter. Govt. 3% Rupee, 91-12-0.
SILVER MARKET
LONDON SILVER
London, Nov. 4 (Reuter), Silver-Small cffers with
support, business small,
quiet. In the afternoon, the mar
ket was very quiet,
Spot, 23-7/18d.
Forward, 23-3/8d. '
BOMBAY SILVER
Bombay, Nov. 4 (Reuter).
Offtake 200 bars.
Continental Can
Continental Oil
Int. Tel. & Tel
Kennecott Copper
Lakey: Foundry, & Mac. Libbey-Owens-Ford Lockheed Aircraft
Market Quiet.,
“Indian”Mint" "Süver
Ready
60-00
60-05
1940
60-0%
*High
Nov. 26 Settlement
Dec. 27 Settlement
LONDON "GOLD
London, Nov. 4 (Reuter).
DOW JONES AVERAGE
Low Dow Jones Averages 152.80 111.84 30 Industrials
32.67 22.15 20 Rails 28.46 18.03 20 Utilities 90.81 82.08 40 Bonda 64.07 4847 11 Commodity Indez
Com, & Southern (Ord.)
1}
Sears Roebuck
801
Consolidated Edison
27
Shell Union Oli
101
Consolidated Oll
8
Socony-Vacunum Ou
39
Southern Paclic
91
18#.
Southern Rly $5 pfc:
22
Copperweld Steel Curtiss Wright (C.) Curtiss Wright "A"
-201
Spicer Manufacturing Co.
321
Standard Brands
61
*281
Stand Gas & Elec.
2
Deere & Co.
21
Standard Oll of California
18)
6-1/32
Distillers Corpn. Seagrams
174 -
Standard Oll of N.J.
..35 į
Market: Qulet..
Douglas Aircraft
881
Stone & Webster
9
Du Pont de Nemours .....
169
Studebaker Com
81
Eagle Picher. Lead
92
Swift International
101
Eaton Mfg. Co.
352
Technicolor
9
Elec, Autolite.
367
Texas Corpn.
374.
Elec Bond & Share
68
Texes Gulf Sulphur 14...........
341
Elec. Bond & Share $5 pt.
65+
Timken-Axle
283
Elec Bond & Share $8 pt.
734
Trans-America Co.
52
Elec. Power & Light 37
382
20th Cent. Fox.
6
Fiinton
17
Union Bag & Paper Corp.
121
Gen. American Trans.,
513.
Union Carbide & Carbon
76)
Gen. Electric
35
Union Pacific
84
Gen. Motors
513
United Aircraft
411
Gen. Railway Signal
153
United Airlines Trans
181
18, QUEEN'S BOAD, CENTRA¡ BEAD OFFICE:
Gen. Tire & Rubber Glidden Co.
12#
United Corpn
21
142
United Corp. $3 cùm pt.
337
Goodrich (B.F.) Goodrich, $5 pt. Goodyear Tire & Co.
131
United Gas Corpa...
14
571*
United "Gas Improvement
12
181
US, Industrual Alcohol.
22\
Great Northern Iron Ore
163
U.S. Rubber......
211
Great Northern Rly, pfd.
282
US. Rubber $8 pfð,
82
LI
Great Western "Sugar res
201
U.S. Smelting
61
SAFE DEPOSIT BOXES
Muar
Shanghai HANTOW
Sungei
Patani Ewatow
(Johore) Tientain Mukden Tokyo New York Tsingtao Peiping
Penang
Yokohama
NEW YORK PRIPING
(Peking)
YOKOHAMA
FOREIGN EXCHANGI and General Banking Business tradsacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ope Year or shorter periods in Löcal oz Other "Currencies at rated” which will be quoted on application. “
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with
CURRENT ACCOUNTS opened in Winterest allowed at rates obtainable..... LOCAL CURRENCY and FIXED DEPOSIT on application.
The Bank's Head Office in London received for one year or shorter periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on
Atso up to date SAFE DEPOSIT terms which may be ascertained at Boxes in various sizes To Let any of the Agencies and Branches. Hong Kong. 28th February, 1940.
R. A. CAMIDGE,
Manager.
.HONGKONG SAVINGS
BANK
The Business of the above Bank ia 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, 25th Feb., 1939.
THE CHASE BANK
18, PINE STAZKI,
NEW YORK An American Bank offering com plete Foreign Banking Servic in the principal Markets of the world. Interest Rates og Application.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital....... 5,598,600.00 Reserve and Undivided
Proits
2,563,281.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors: SIR SHOPSON Caow, Chairman Li Koon Chun, Eegs -Li Lan Sang, Eng. P. H. Kwok Bag. Wong Chu Son, Esq. Wong Yun Tong, Esq. Kan Ting Fo, Esq. Chan Ching Shele, Esq. Fung Ping Wal Enq KAN TONG PO, Esq., Chief Manager LI TE FONG, Esq, Manager
Branches and Agencies:--
Cartoon
London
Penang
Melbourne San Fran. Sydnes
doo Nintain.
HAIPHONG
HAMBURO
Amoy Eamiria Bombay
Malle
Singapore Bangyon Bourabaya
Baiguar
Halphag
Greyhound, Corpn.
111
0.8. Steel
69
Hankow
21
Honnista
New York Sentits Pari
'Hercules Powder Co.
77
Vana lum
35
no
Homestake Mining
481
Vultee Aircraft.
84"
Market
Int, Nickel
267_
Walworth Co.
51
Inter. Paper & Power
15
Warner Bros. Pict.
27
This Bank is entirely owned by
Tas
BANI CHASE NATIONAL NIW YORK, with Resources of av L. 8.$2,900,000,000.
2
Westinghouse Elec.
-108
937
Woodward Iron' Cor.
32
41
Glass
44
Chase National Bank National City Bank
331* 274*
20%
Change
D. M. BIGOAR,
"Second" Fios" "Prezz
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:—15,, Gracechurch Street, London, EC.a
Authorised Capífál
36 up. Enbscribed Capital
£3.000.000
€1,800,000
£1,050,000
€1,254,839
Pelping
Every description of Banking and Exchange business transacted. Lokas granted fool approved sécarities
Current Accounts opened in Local Currency and Fixed Deposita re ceived for one year or shorter periods in Local and Foreign Car- rencies on terms which will be quoted on application.
SAFE CEPOSIT BOXES. TO LET
KANTONG PO,
Chief 'Manager.
Kobe
Bankng Shanghai
Nov. 2
w 134.85 20.22
Nov. 5, 1840. High Low Close 135.83 133.81 135.21
29.47 29.12 29.36
.14 up
Paid-up Capital
Beserve Fund and Rent,
-23 44
23.70 22.97 23.28
.10 off
90.20
55.14
90.14 55.47.
.06 off
33 upi.
Business Dons:-1,250,000 shares
||
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
| Operating Services for Cargo and Passengers
TO-
SWATÓW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN.
KOBE and OSAKA
War Loan, 34% (Red,
after 1952) Janton-K'loon Rly. 5%
Jap. 8% Bter, Loan, 1924 22 Ger. 7% Intl, Loan, 1924 54 Chartered Bank
Bar Gold, Fine per oz. 183/-
61
101
8
HK. & Shal Bank (Lan-
Reg.
63
Chinese 41% Gold Loan 1899 (Brit. Issue)..... Chinese 5% Gold Bonds.
1925-47
32
| H.K. & 8ħal Bank (Col.
Reg)
35
Chinese Eng Mining
(bearer)"
14/-
Chii. 41% Anglo-French
Chosen Corporation
4/-
Loan, 1908
Pekin Syndicate:
21-
Chinese 5% Crisp Loan. .1912
6'hal Elec. Constr. Co.
15/-.
B'hal Waterworks "A"
13)
Chinese 5% Reorg, Loan.
Union Insurance
20
1813 (Ldn. Is)
19
Gula Kalumpong, Rubber 13/9
Chinese 84% Bter, Notes,
B.-A. Tob, (bearer)
84/41
1925 (Vickers)
8
Mercantile Bank
109
Chin. Imperial Riy 5%.
Dunlop Rubber
.30
Loan
Bristol Aeroplane.........
9/1
E
Honan Rly 5%
10
Imperial Chemical Ind. 27/6
Hukuang Rs 5%, 1911...
United Stee! .............. 20/3.
(LP. N/Y Issue)
11
Woolworths .........
67/9
Bukuang Rly, 5%, 1911
Marsmat. Investments
7/8
(German Issue)
.10
Western Holdings
9/3
Lung Tsing &
Hat
Sub-Nigel
157/8
Rly, 5% 1913 'Bhai-N'King. Rly. 5% Tientsin-Fukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Ely, 5%
(German Stpd.) Tientsin-Pukow Rly. By (Brit. Btpd, Bugl. Loan) Tientsin-Pukow Rly. 5%
hell Trans.
& Trad.
bearer)
34/h
Nat Defence Bonds, 3%
1018
| London-Midlands-Bçol-
tish. 3%
134
Great Western Rafl-
way, 3%
зза
Nat Bank of India, 1%
201
bid.
div.
SINGAPORE, PENANG and CALCUTTA
SANDAKAN.
HAIPHONG
All steamers borth alongside
the Roosevelt Terminal in the French Concession at -Shanghai, where passengers
and cargo are landed.
For further particulara
please apply to..
JARDINE MATHESON&Co.,LT TELEPHONE: 03IL GÉNÉRAL MANAGERS
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANOHES:
Bangkok Bombay
Ipoh
Jxff04.
Calcutta Xcantan daforabo
Deiti
Galle
Hongkong Howrah
Kaala Trengga
Kaw York
Madris
Penang Rangoon
Shanghai
Himba
Kuala Lumpur
dingsporn.
Kandy Xarabl Roca Bluza Kuala Lipie
HONG KONG BRANCH:
Every descriptim of Banking and Manbange besirem translated:"
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AB ANGU INTERNATIONAL EXCHANGE
BANK
PAID-UP-CAPITAL $40,000,000.00 GBRANCHES ALL OVER CHINA)
TRUSTEE AND EXECUTORSHIP. Owing to our numerous. Branches Best in China and connections in the
NA UNDERTAKEN MAA BURLENT ACCOUNTS Dormed in Local Our principal Commercial Contrer of rausy" and "FIXED DEPOSIT, iwon red in Local the World, we are able to extend Garnery & BOERLINGI. ce tems-thmaybe to our Clients special facilities for Domestic and Foreign Banking and Exchange.
What do
BENSON.
Manager
you want ?
If there is anything you___want to buy or #ell.
try
small a Classified - advertise"
minh lại thi Hong "Kong Daily Press, Ë
25 words $1.50 prepaid
3. insertions.
Head Office: SHANGHAI
Hong Kong Branch: QUEEN'S ROAD, C..
South China Offfees:
CANTONYM KONGMOON
SWATOW SHIUCHOW
TOISHAN KINGCHOW
We also handle the issue of Bonda and other Publes Funds of the Chinese, Government both at Home and. Abroad.
SHOU J, CHEN,