Adams Express

ནྲྀ ཎྜ 3 ཥུ ་ ཎྜ ་ ཇུ ཎྜ བྲྀ ཎྜ

Alleghany Steel.Co.

3791.

Allis Chalmers.

..... 52 3/+

(FROM PAYNE & CO.). NEW YORK, November 5. 1940.

Alumiinium Ltd.

"

Amer. Can

A.

American Cyanamid B

On demand ...

105

On India:-

SINGAPORE RUBBER

-Previous

Close

Nov. S

Opening Closing Change

Telegraphic Transfer. and demand

buyers

buyers

1/2

SPOT

38-3/4

38-5/8

On New York:

JAN.-MARCH

· 37-1/8

37 cts.

38-9/4 37-1/8

unch.

Amer. & Foreign Power Amer amer. Locomotive

Foreign $7 pl.

Amer. Metals Co.

Bank Bills, on demand 29 7/8 Credius, 80 days' sight 23 3/4

APRIL-JUNE

35 cts.

34-7/8

35-1/8

up 1/8

Amer. Radiator

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 6, 1940.

On London:-

Telegraphic Transfer, 1/2 7/+ Bank Bilis, on demand 1/2 7/8 Credits 4 months' sight On Shanghai-

On demand

On Singapore-

On demand..

Op Japan:-

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG

COMMODITY MARKET REVIEWS

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION (BEUTER'S SERVICE) NOVEMBER 5, 1940.

THURSDAY, NOVEMBER 7. 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital #30,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $90,000,000 | Incorporated by Royal Charter, 1858

Reserve Funda:

Sterling

H.E. Currency Reserve $10,000,000

Reserve Liability of

Proprietors

Chairman. Hon. Mr. J. J. Paterson,

Deputy Chairman, J. K. Bousfeld, Esq., A. H. Compton, Esq.,

HEAD OFFICE: LONDON:

38, Bishopsgata E.C.s.

Sap-Areneles In London:

117/12, Leadenhall Street, B.GO West End Branch:

14/18 Cockspur Street, S. WI Manchester Branch: 62, Mosley Street, Manchester, 1. AGENCIES AND BRANCHES.

ALOE STAR AMRITSAR

£8,500,000 Reserve Fund

Pald-Up Capital

£3,000,000

Last Sale

STOCKS

Last Sale

.$20,000,000

Reserve Liability of Pro-

prietors.net

£3,000,000

.£3,000,000

Nov. 4

Nov. 4

61

Loew's Inc.

271

Head Ofee:-HONG KONG

241

Left Incorperated

217

384

Mack Truck Inc.

281"

80

Martin, Glen L,

331

Board of Directors; H. V. Wilkinson, Esq.,

05

McKesson & Robbins, pfd.

281.

36)

Montgomery Ward

381

1+

M'tain City Copper Co.

31

161

National Aviation

161

Nat Dairy Products

131

17)

National Distillers

201

Hon. Mr. S. H. Dodwell,

71

National Lead

16)

O. Miskin, Esq.,.

K. S. Morrison, Esq.,

Amer. Rolling Mi

16+

Nat, Power & Light

83

BANGKBI

Hon. Mr. T. E. Pearce,

BATAVIA

On Batavia:—

On demand On Paris:

42 5/8

RUBBER

The market was quiet but steady. LONDON

BARBIN

PENANG HONA TONU RANGOON ILOILO IPOR

BAIGON

Amer. S'ting and Ring Co.,

432

Previous close Today's close

Amer. Sugar Refining

14

.buyers

buyers

Change

Amer. Tel, & Tel.

166!

Bank Bills, on demand Non Credits 4 months' sight Noại.

On Saigon:-

S POT DECEMBER JANUARY

11-3/4

11-11/18

unch.

Amer. Tobacco "B"

.76

11-13/18.

11-13/16

Amer. Waterworks

101

11-7/8

11-7/8

Anaconda, Copper

241

On demand

... 99 1/2"

FEBRUARY

On Manila :--

APRIL-JUNE

11-15/18 11-13/16

11-7/8

11-13/16

up 1/16 unch.

Atchison, T. &' S. Fe

17%

Aviation Corp.

5+

On demand ............ 45 3/4

On Bangkoklic:

On demand

149 1/2

On Sterling Notes:--

Bank Buying Rate

Now,

Bar Silver per oz.

20 7 18

W

January March

{

(

Market Report

FROM ROZA BILOS, The price for Rendy Silver was unchanged yesterday but the For- ward rate dropped 1/16 to 23.5) 16. Bliver advices reported Speculators as having sold to a small extent, The market was quiet. The New York market was closed yesterday. "The London/New York rate was quoted at 402.1/2

MARKET

The market was dull and featureless.

NOTICE: All American markets closed today Nov. 5 being Election

Day.

NEW YORK COMMODITY MARKET

NEW YORK, November 4, 1940.

New York Cotton, Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec. New York Hides, Dec. NEW YORK COTTON

Cross Dec. (New contract)

Close

801 591 12.58 12.42

Baldwin Lečometive

171

Baltimore & Ohio Barber Asphalt Co. Barnsdall Of ......

#

10+

9%

Bendix Aviation'

341

Bethlehem Steel

873

Bliss Co.

141

וי

(REUTER'S SERVICE)

Boeing Airplane Co.

17+

Borg-Warner

201

Opening

9.60/60

9.60/59

9.50 N

unquoted

Prev. Today's High tow Close Close Change

9,67 9.58 9.60 9.65 20.30 20.23 20.30b 20.30 351 834 831 85% 591 B01 12.45b 12.55

Closing 9.65/65 9.55m

Briggs' Mig.

25

*Budd M'facturing Corp.

.05" ap

Canadian Pacifc R'way

34

unch.

Case, JI

571

14 up

Celanese

28

up

Chesapeake & Ohio

421

10 up Change

Chrysler Corpn.

831

Columbia Gas & Exéc

61

Commercial Credit Co."

321

05 up

Com, & Southern (Ord.)

1#

.05 up

Consolidated Edison

271

}

9.58/58

9.56/57

9.63/63

.05 up

Consolidated Ou

6

Dull

May

}

8.49/49

9.46/48

9.55/55

.06 up

Continental Cam

$94

STERLING

July

{

*

9.30/30

9.28/28

9.36/38

,06 up

Continental ou

188.

Spot

I, S. DOLLARS

London

New York

Japan

India

No business was reported. The October market closed with sellers at 1/2.

31/32 November/January. buyers at 1/3 for Cash

Total sales Saturday:-34,200 bales. NEW YORK RUBBER

The market closed with sellers December at 23.3/16 for Cash and 23.1/4 De-January cenrber, buyers at 23.5/18 for Cash

SHANGHAI DOLLARS Some business was done at 382. 3/4. The market closed with sel- lers at 582, buyers at 382,3/4

AFTERNOON..MARKET Sellers of Sterling for Spot at 3.29/32 and U.S.$ at 6.1/16.

Shanghai Exchange

Shanghai, Nov. 6 (Reuter)"

Official T.T. Rates

Opening 0/3-13/16 5-7/8

25

Saturday's sales:-6,198.000 bushels. CHICAGO CORN"

(..)

6.80/80

8.79/79

8.84n

.04 up

Copperweld Steel

201

9.63 N

9.670

.04 up

Curtiss Wright (C)

81

Curtiss Wright "A"

281

Deere & Co.

.21

March May

20.30b/39a 20,20b/35a 20.30b 20.056

unquoted 20.00b 19.98b/20.00a 18.87/88 19.81b

19.75b/80a 19.67b/70a 19.65/65.

Distillers Corpn. Seagrams

174.

unch

Douglas Aircraft

88

.05 off

Dy Pont de Nemours

169

*17 off

Engle Picher Lead91

.10 off

Eaton Nig. Đó.

362

Total sales: 340 tons. CHICAGO WHEAT

Elec. Autolite

367

Elec, Bond & Share

December May

84/837 831/831

848/844 831/837

85/851 841/841

Elec. Band & Share 15 pr.

654

I up

1 up

Elec. Bond & Share $8 p.

731

Elec. Power & Light # pf.

382

Flatkote

17

Gen, American Trans,

514

December

May...

·503/591 · 81/61

504/591 61/611

801/60% 612/612

Gen. Electric

354

i-up

Gen. Motors

513

up

Gen. Railway Sispal

152

WINNIPEG WHEAT December

Gen. Tire & Rubber

12

7ita

7ija

unch.

NEW YORK HIDES

Glidden Co,

Goodrich (B.F.)

14

138

Goodrich $5 pl.

571*

December

March

12.45b 12,126

12.31b/65a 12.55/55 12.23/15 12.30/33

10 up.

Goodyear Tire & Co..

181

.09 up

Great Northern Iron Ore ...

182

21-1/8 N

Hongkong

25-1/4

(undvoted

Sterling

Sellers

Opening

Closing

Spot

Dec,

U.S. Dollars

Spot

$8-1/16 $6-3/32

Nov.

8-3/32

Dec,

0/3-29/32 0/3-59/64

Nov...... 0/3-29/32 0/3-59/64

0/3-57/64 0/3-29/32

8-1/16

6-1/32

6-1/18

Market:Qulet but steady.

Calcutta Exchang

Calcutta, Nov. 5, (Reuter) TT, on Japan; 81-1/4:

SILVER MARKET LONDON SILVER London. Nov. 5 (Reuter). Silver--Little speculative selling. Business small. Market quiet. In the afternoon the market was verv quiet.

Spot, 23-7/16d.

Forward, 23-5/16d.

BOMBAY SILVER

Bombay, Nov. 5 (Reuter).

Market Qulet. Offtake 50 bars.

Indian Mint Silver

Ready Nov. 26 Settlement

Dec. 27 Settlement

60-06 60-07

60-08

LONDON METALS

EXCHANGE

London. Nov, 5 (Reuters.

Total sales for the day:-85 Iota.

NY Official Silver

NY London Cross Rate 4.03-3/4.

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Nov. 5. 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 assumed for errors in transmission.

Chin Imperial Rly 5%

Loan Honan Rly, 5% Hukuang Kly 5%, 1911.2

(LP. N/Y Issue). Bukuang Rly. 5% 1911

German Issue) : Lung Tsing & Hai

·Rly. 5% 1913

Tin. Standard, Cash, Middle (ghai-N'King Rly. 5%

Price, 257-5/8,~???

Tientsin-Pukow Rly.” 5%

Tim Standard, 3 months Middle-Brit. Stpd) ......

Price, 259-7/8).

United States demand

quiet

101-11/16

Tientsin-Pukow Aly, 5%

Derman-Stpd.). B. while British consumer demand Tientsin-Pukow. Rly. 5% absent.

LONDON GOLD

London Nov. 5(Reuter). Bar Gold, Fine per oz., 168/-).

(Brit. Stöd. Supl, Loan), 8 Tientsin-Pukow Riy, 5%

(Ger.Stpd_Bupl, Loan) 8 Jap 69% Ster Loan, 1924 21 Ger 7% Intl. Lonu, 1924. 54. Chartered Bank

B7

LONDON STOCK EXCHANGE

LONDON, Nov. 6. (Reuter)—— Under the influence of broaden- ing activity, most prices on the Stock Exchange yesterday showed an upward trend. Kaffir especial-

and registered numerous gains. ly met with considerable demand

Gilt-edged stocks continued to encounter good investment inquiry, oil attracted selective buying, and home rails and industrials showed. marked appreciation in the anal stages.

Wall Street was closed,

Bristol Aeroplane

5

Inter. Faper & Power ....... Int Tel, & Tel. A... Kennecott Copper Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft

Great Northern Rly; pfd.

233

.34-3/4

403-3/4,

Great Western Sugar

20

Greyhound Corpn.

118

Hercules Powder Co.

77

Homestake Mining.

43

Int Nickel

267

15

21

337

41

Glass

44

291

DOW JONES AVERAGE

1940

High Low Dow Jones Averages 152.80 111:84 30 Industrials

32.67 9215-20 VBaile 28.45 18.03.20 Utilities -90.01′ "83.08 40. Bonds... 64,07-48 47. 11. Commodity Index

Nov. 5. 1940, High Low Close 136.83, 133.81 136.21 20.47 20.19 29:36 23.70 99,97 23.28

Change 38 up

.18 "off ...90.14 .05 off 56.47 23.up

C. C. Roberts, Esq., Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

Branches:

Jobore Rangoon

Saigon

Kowloon Sac

Francisco

Lyons Sourabaya Malacca Sungei

Patani Swato...

(Johore) Tientsin

Tokyo

New York Tsingtao Peiping.... Yokohama

Perang

CURRENT ACCOusta opened in LOCAL CURBENCY and Fixad Ducars received for one year or shorter periods in Local and other Cur rencies on terms which will be quoted on application.

ALSO up to date SAFE DEPOSIT Boxes in various sizes To Lat. Hong Kong. 28th February, 1940.

HONGKONG SAVINGS

BANK

The Business of the above. Bank is conducted by the HONGKONG 4 SHANGHAI BANKING COR- PORATION. Rules may be obtain- ed on "application.

For the BONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 28th Feb., 1939.

THE CHASE BANK

16, QUEEN'S ROAD, CENTRAL

"HEAD OFFICE; -

18, PIN STREET,

NEW YORK An American Bank offering com plete Foreign Banking Servio in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This 'Bank is entirely owned b THE CASE NATIONAL BANK NEW YORK, with Resources of arid U.S.$1,900,000,000.

D. M.. BIGGAR,

Bacond Vios. Pras

A Job

WANT ADS

INDO-CHINA

CALCUTTA

KUALA

LUMPUR * KUCHING

AGENCIES: KOS CLAVE 5711ZT FAILI PLAC% CANTUN DAWNPORS C240 COLOMBO DE #I HAIPHONG HAMBURG HANKOW

NEW YORK

PRIPING

(Peking)

FOREIGN EXCHANOI and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

BAVINGS ACCOUNTS also opened in Local Currency and Storling with interest allowed at rates obtainabl on application. ...

The Bank's Head Office in Londoa undertakes Executor and Trustee business, and claims recovery of British Income Tax overpaid, oa terms" which may be ascertained at Jany of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

BANK OF EAST ASIA, LIMITED

Authorised Capital......$10,000,000.00 Paid-Up Capital 5,688,000,00 Reserve and Undivided

Profits

2,163, 201.60

Head Office-HONG KONG No. 10 Den, Voeux Road, Central.

Board of Directors: BIR BROSOS CHоw, Chairman LL. Koon Chan, Esq. Li Lan Bang, Bag. F. K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying Po, Eng. Chan Ching Shor, Esq, Fang Ping Wah Esq

KAX TONG PO, Esq, Chief Manager La Te FONO, Esq., Manager

Amy' Batavia Bombay Calenta

Branches and Agencies:-

Eorloos Penang Singapore London Bangcom Bostadays Manila.

Barstow chielgos

Malbourne San Fran Bydney

disco "Fiontatu

Paris Semarang ! Polping

Shangha

DONYAX

Every description of Banking and Exchange business transacted. Lokan granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re ceived for one year or shorter periods In Local, and Foreign Cur rencies on terms which will be. quoted on application.

.. SAVE EXPOSIT BOXES To Lt.

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 LTD (BRATORES ALL OVER CHINA)

Operating Borrices for Cage and Passengers

:::", War Loan, 3% (Red,

After 1952) Janton-Koon Rly 5% 8 Chinese 41% Gold Loan

1898 (Brit. Tésne) Chinese 5% Gold Bonds,

1925-47.

32

34

HK & Shai Bank (Lán.

Reg.)

63

Chin 41% Anglo-French

Loan, 1908

HX, Shal Bank (Col

44

Reg)

Chinese 5% Crisp Loan.-

Chinese Eng. & Mining

1912 Chinese 5% Reorg, Lóan,

1913 (Lan. Ia). Chinese 8% Ster. Noter,

1825 (Vickers)

13

(bearer)

14/-

Chosen Corporation ....

4/~

19

Pekin Syndicate

21-

S'hal Mes. Constr. Co.

15/-

Bhai Waterworks “A”

131

Union Insurance

20

TO

Gula Kalumpong Rubber

13/9

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

| B.-A. Tab. (bearer)

85

and TIENTSIN A

Mercantile Bank

·201

Dunlop Rubber

30/3

9/41

Imperial Chemical Ind. 27/9

United Steel

320/8

Woolworths....

58

All steamere berth alongsle

Maraman Investments

7/8:

Western Holdings.

0/6

the. Roosevelt Terminal in the French Concession at

Sub-Nigel

Shanghai, when passengers

--160

"and cargo are, landed...

bell Trans & Trad

(bearer)

35

Nat Defence Bands, 3% London-Midlands-Scot-

1013

For further partion

please apply to

tish, 3%

131

Great Western · Rall-

way, 9%

331

Naj Bank of India, #%"

· div:

KOBE and OSAKA

SINGAPORE PENANG and CALCU

SANDAKAN.

HAIPHONG

MATHESON&Co.,LTD.

JARDINE

TELEPHONE BONILA GENERAL MANAGERS A

Owing to our numerous Branches in Chins and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI Leer-Hong Kong Branch:

UE4, QUEEN'S ROAD, C. A South China Offices: CANTONES KONGMOON

SWATOWTOISHAN SHIUCHOWKINGOHOW

We also handle the issue of Bonds And other Public Funds of the Chimes Government both at Home and Ahmad,

BHOU JOHEN,

Manager.

National Supply Corp.

BEREMBAN

61

BOMBAY

New York Cential

147

KARACH ELANO

SHANGHAI

SINGAPOR

Niagara Hudson Power

5

„SITIAWAN

N. American Aviation

171

BOURABAYA

North American Co.

201

TALPINO

Northern Pacific

7

TIENTSIN

Owens-linols Glass Co.

501

Pacific Gas & Elec

291

Amoy

Packard Motors

Bangkok Kobe

MADRAR

MANILA

MEDAN

TONGEAR

(Bhuket)

TOLNOTAO

31

Batavia

Pan-American Airways

YOKOHAMA

161

Bombay

Kuala

Paramount Pictures

87..

Calcutta

Lumpur Shanghai

Pennsylvania: R.R.

211†

Canton

London Singapore

| Philadelphia" Read, Coal

Cheloo

Phillips Petroleumi

371

Colombo

Public Service of N.J.

Dairen

Manila.

341

Foochow

Muar

Pullman Inc.......

254

Haiphong

Pure Oti

8

Bankow

Mukden

"Radio Corpn. of Am.

5+

llarbia

Reading Company,

Com

14t

Ilaile

Remington Arns. Co. Inc.

53*

Ipoh

Republic Aviation Corp.

51

Republic Steel

211

Revere Corp.

111

Reynold Tebac. "B"

35+

Safeway Stores

421

Schenley Distillers

101

Sears Roebuck

801

Shell Union 01'..

10)

Socony-Vacunum Oll

Southern Pacific

91

Southern Ely $5 pfd.

22

Spicer Manufacturing Co. 323

Standard Branda ..........

69

Stand Gas & Elec.

2

Standard Oil of California

187

Standard Oil of NJ.

35à

Stone & Webster

9

Studebaker Com,

81

Swift International

101

Technicolor"

9+

Texas Corpn.

372

Texes Gulf Sulphur.

344

Timken-Axle

281

Trans-America Co.

53

20th Cent. Fox

6

Union Bag & Paper Corp.

12

Union Carbide & Carbon

704-

Union Pacific

84

United Aircraft

414

United Airlines Trans

181

United Coryn

21

United Corph. 33 cum pt. 33%

United Gas Corpn.

"14

United Gas Improvement

12

US, Industrual Alcohol,

221

U.S. Rubber

211

US. Rubber $8 pfd..

82

U.S. Smelting

81

0.8.' Steel

694

Vanadium

"35

Haiphong Hankow

New York, Seattle

Hanahulo

Kabe

Vultee Aircraft

83*

Walworth Co.

51

Warner Bros. Pict.

27

Westinghouse. Elec..

Woodward Iron Cor.

108 32

Chase National Bank National City Bank

331*

271

Nov. 2,

13485

29.22

20 44

$0.20

55.14

Business Done:-1,260,000 shares

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