Adams Express
Alleghany Steel Co.,
Allis Chalmers
Aluminium Ltd.
52 3/4
NEW YORK: November 6, 1940.
SINGAPORE RUBBER
Amer: Cari
nster der 1/2 S POT..
Bank Bills, on demand 12 7/8 Credlis, 80 days sight 23 3/4
* JAN.-MARCH
APRIL-JUNE
Previous Nov. 6.
Close Opening Closing buyers buyers 38-3/4 38-3/4 30-7/8 37-1/8 37-1/8 37-1/4 35-1/8
35-1/2
American Cyanamid B.
Change
Amer. & Foreign Power
Amer & Foreign $7 pt.
་
up 1/8
Amer. Locomotive
up 1/8
Amer. Metals Co.
35-1/8
up 3/8
Amer. Radiator
8 8 8 8 8 8
On Batavia:-
The market was very steady. LONDON RUBBER
Amer. Rolfing MUI
Amer. Sting and Ring Co.
Previous close Today's close.
On demand On Parts:
42 3/8
buyers
buyers
Amer. Sugar Refining
Change
6 POT
11-11/16
11-11/16.
unch:
Amer. Tel. & Tel.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 7, 1940.
Ou London:-
Telegraphic Transfer, 27/4 Bant Bills, on demand 1/3 7/9 Credits 4 months' sight
On Shanghai!---
On demand
On Singapore:-
On demand
On Japan:-
On demand
On India:-
Telegraphic
and demand
On New York:-
Transter.
370
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING * HONGKONG -
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCES
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 7, 1940,
FRIDAY, NOVEMBER 8, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up #20,000,000 incorporated by Royal Charter, 1858
Reserve Funds: Sterling .....................£8,000,000 Reserve Fund
Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors Proprietor
....£3,000,000
£1,000,000
„£3,000,000
HEAD OFFICE: LONDON:
Board of Directors: H. V. Wilkinson, Esq.,
Chairman.
Deputy Chairman.
38, Bishopsgate E.0.2
Sub Agencies In London: 117/12, Leadenhall Street, E.C.a
West End Branch: " 14/16, Cockapur Strës, ́8.W 1 Manchester Branch:
52, Mosley Street, Manchestar, B. 'AGENCIES AND BRANCHES
ALOR STAR AMRITSAR
HARBIN
BONA-KONU RANGOO ILOIL" 120B
KABACHI KLANG
SHANGHAT BLNGAPORS SITIAWAN
PENANG
"Last Sale
STOCKS
Last Sale
$20,000,000
Nov 6
Nov 6
54
Loew's Inc.
261
Head Office:-HONG KONG
23
Loft Incorperated
201
304
Mack Truck Inc.
27+
80*
Martin, Glen L
32
ཀ
93'
McKesson & Robbins, pís
28+
34
| Montgomery Ward
381
flon. Mr. J. J, Paterson,
M'tain City Copper Co.
3′
16*
National Aviation
10
J. K. Bousfeld, Esq.,
15
Nat, Daly Products
13
A. H. Compton, E
174
National Distillers
203
Hon. Mr. S. II. Dodwell,
7
National Lead
171
G. Miskin, Esq.
154
Nat, Fower & Light
71
K. S. Morrison, Esq.,
BANGKOK
413
National Supply Corp.
Hon. Mr. T. E. Pearce,
BATAVIA
61
BAIGON
BEREMBAN
1#1
New York Central
C. C. Roberts, Esq.,
BOMBAY
11
Hon. Mr. A. L Shield,
CALCOTT
1643
Niagara Hudson Power
4
AGENCIES:
Bank Bills, on demand Non. Credits monthe' sight Youn.
DECEMBER
11-13:16
11-13/16
Amer. Tobacco "9"
754
N. American Aviation
167
Sir Vandeleur M. Grayburn,
KORE
Amer. Waterworks
87
North American Co.
183
JANUARY
On Saigon:-
On demand
FEBRUARY
89 1/2
APRIL-JUNE
11-7/8 11-7/8 11-1316
11-15/16 12 11-7/8
up 1/16
up 1/8
Anacorida Copper
23
Northern Paclic
63
up 1/16
Atchison, T. & 8 ̧ ̧ Fe.
16+
Owens-Illinois Glass Cq,
503
45 3/4
է.
149 1/2
Num. 23 3/8
Hongkong
Opening
London
0/3-13/16
New York
Japan
5-773 25
Indla
-21-1/8 N
25-14
Sterling
Spot
. Nov. Dec.
Spot Nov.
$6-1/8 $6-1/32
6-1/8 6-3/32.
New York Hides, Dec. NEW YORK COTTON Dec. (New contract) ... 9,65/85 January #
On Manila:-
On demand
On Bangkok:-
On demand
On Sterling Note:-
Bank Buying Rate
Bar Silver per es
Shanghai Exchange
Shanghal, Nov. 7 Reuter),
Official T.T. Rates
Sellers
Opening
Closing 0/3-15/16 0/3-57/64 0/3-15/16 0/3-67/61 0/8-59/640/3-7;8
U.S. Dollars
The market was steady but quiet. Little more buying interest. NEW YORK COTTON: The re-election of President Roosevelt fur- ther strengthens our belief that distant months will eventually be above ten cents.
NEW YORK RUBBER: Prices were steady on expectations of 2
firmer American foreign polley.
.
"CHICAGO WHEAT: 'Early mill buying met with hedging against Lean withdrawals. Winter, wheat seeding is making progress over the South-west and in the Oblo valley.
NEW YORK STOCKS; Previous close, 135.21; Today's close, 131:98;
Change, off 3.29.
NEW YORK COMMODITY
(REUTER'S SERVICE)
New York Cotton. Dec. New York Rubber, Dec. Chicago Wheat, Dec, Chicago Corn, Dec.
Aviation Corp.
41
Pacific Gas & Elec
283
Amoy
Branches:
Johore
Baldwin Lecomėtive
181
Packard Motors
Bangkok Kobe
Rangoon Saigon
Batavin Kowloon San
Baltimore & Ohio
4:
Pan-American Airways
151
Boubay
Kuala
Barber Asphalt Co.
91
Paramount Pictures:
88
Calcutta Lumpur
Barnsdall OU
ફર્મ
Perinsylvania R.R.
23
il
Canton Londou
Francisco HAMBURO Shanghai KANKOW Singapore
Bendix Aviation
321
Philadelphia Read, Coal
Chefoo
Lyons
Sourabaya
Bethlehem Steel
861
Phillips Petroleum
30+
Uolomuv
Malacca
Sungei
Bliss Co.
14
Public Service of N.J.
Dairen
Manila
321
Foochow
Boeing Airplane Co.
-16
Pullman Ine..........
25
Borg-Warner
19)
Pure Oll
73
Hankow
Briggs Mfg.
231
Radio Corpn. of “Am.
5
Harbin
Budd M'Tadturing Corp.
47
Reading Company,
Com
14
Iloilo
Canadian Pacific R'way
37
Remington Arms Co., Tac.
58*
Ipob
Penang
Case. I
55
Républic Aviation Corp.'
5.
MARKET
Celanese
27
T
Republic Steel
201
Chesapeake & Ohio
421
Revere Corp.
11
Chrysler Corpn.
793
Reynold Tobac, "B"
35
Prev. Today's
Columbia Gas & Elec.
51
Safeway Stores
41
High 9.75
Close Close Change Low
9.65. 9.67 20.40 · 20.35 · 20,306 · 20.40
Commercial Credit Co...
32
Schenley Distillers.
10
quoted on application.
9.68
.03. up
Com, & Southern (Ord.)
1
Sears Roebuck
791
.10
Consolidated Edison
257
Shell Union of
91
up
80 831
857 84
li off
Consolidated 011
51
Socony-Vacunum o
81
Boxes in various sizes To LIT. Hong Kong. 28th February, 1940.
002 594 12.60 12.24 12.55
601 60
12.30
oft
Continental 'Can
381
Southern Pacific
81
Chief Manager. x Pack KDALA
Patani
Muar.. Swatow
Haiphong (Jobore) Tientsin
Mukden Tokyo New York Tsingtao Peiping
Yokohama
CAWNPURE
CEBU COLOMBO
DELHI..
HAIPHONG
MEDAN
NEW YORK PHIPING
(Peking)
TONGKAR
(Bhuket)
13 IN UTAO YOKOHAMA
FOREIGN EXCHANGE and Geners) Banking Business transacted.
QURRENT ACCOUNTS opened and FIXED DEPOSITS" received" for 'One Year or shorter periods in Local or Other Qurrencies at rates which....,/ will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Starling with CURRENT ACCOUNTA opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSIT on application.....
received for one year or shorter The Bank's Head. Otice in London periods in Local and other Our-undertakes Executor and Trustse rencies on terms which will be business, and claims recovery of
British Income Tax overpaid, on
ALBU up to date Sars DEPOSIT terms which may be ascertained at
any of the Agencies and Branches.
R. A. CAMIDGE.
Manager.
OLITE STET
| CANTON
*SOURABIY
LUMPUR
· TAIPING
KUCHING
TIENTSIN
MADRAX
MANILA
Close
Opening
Closing
.25 off
Change
Continental of
183
Southern Rly $$ ptd.
201
Copperweld Steel
20
Spicer Manufacturing Co. 33
Curtiss Wright (C)
BI
Standard Brands
64
9.49/69
9.63/68
.03 up
Curtiss Wright "A"
281
Stand Gas & Elec.
13
9:55 N
unquoted
9.58/58
.03 up
Deere & Co.
20
Standard Oll of California
181
8-1/32
Murch
9.63/63
9.86/67.
.9.87/87
-.04 up
Distillers Corpn. Beagrams
174
Standard Ofl of NJ.
.33
$8-1/32
Market:-Quiet.
Silver Duty Rate
The Central Bank of China's rate on London at. 10 am. today: was 1/2-1/2d.
Total sales Moriday:-97,000 bates. NEW YORK RUBBER
The Equalisation rate was 24 December.
May July October
9:55/55
9.59/59
9.60/60
05 170
Douglas Aircraft
873
Stone & Webster
8
9.36/38
9.40/41
9.41/41
.05 up
Du Pont de Nemours
1631
Studebaker Com,
8
-8.81 N
8.91/90 *-8.95/95
.11 up
Eagle Ficher Lead
91
Swift intemational
--183
Spot
9.87 N
9.70n
03 up
Eaton Mfg. Co. "...
344
Technicolor
9+
Elec. Autolite
354
Texas Corpn.
36+
Elec Bond & Share
5
Texes Gulf Sulphur
341
20,30b
20.30b/400
per cent.
January
20.00b
20.006
March
19.81b
19.88/88
20.40/40 20.15b 19.95b/98a
Elec. Bond & Share $5 pr.
611
Timken-Axle
271
10" up
Elec Bond & Share $6 pf.
70
Trans-America Co.
51
.14 up
Elec, Power & Light $7 pf.
361
20th Cent. Fox,
52
May
19.85/65
19.65/85
19.806
15 up
Flatkot
17
Union Bag & Paper Corp.
113
Calcutta Exchange
Calcutta, Nov. 6 (Reuter).
Total sales:680 tons. CHICAGO WHEAT
Gen. American Trans.
513
Union Carbide & Carbon
723
Gen. Electric
341
Union Pacific
831
TT or Japan. 81-1/4.
Gen Motors
501
United Aircraft
402
December
851/851
857852
841/84
11 of
Gen. Railway. Signal ·
154
United Airlines Trans
17)
HEAD OFFICE:
May
843/841-
841/841
83/827
44 off
Gen. Tire & Rubber
12
United. Corpa
18
LONDON METALS
July
797/792
80/801
791/784
lf off
Glidden Co.
148
United Corp. $3 cum pf. 32
EXCHANGE
London, Nov. 6 (Reuter).
Tin, Standard,
Monday's sales:-11,993,000 bushels. CHICAGO CORN. Cash, Middle December.......
Goodrich (B.F.).
127
United Gas Corpn.
11
Goodrich 35 pf."..
571*
United Gas Improvement. 114
Goodyear Tire & Co.
187
U.S., Industrual Alcohol.
191*
601/601
30/801
Price, 258-1/4
May
812/611
01+/613
60/60 601/601
off
Great Northern Iron Ore
16
U.S. Rubber
201
off
Great Northern Rly, pid.
287
US. Rubber $8 pfd,
814
Taterest Rates on 'Application,
Tin, Standard, 3 months, Middle NEW YORK HIDES
Great Western Sugar ......
203
3.8. Smelting
B01
SAFE DEPOSIT BOXES
HONGKONG SAVINGS
BANK
The Business of the above Back
is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HoxaxONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1930.
THE CHASE BANK
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital 5,698,800,00 Reserve and Undivided
Profits
,2,163,261,50
Head Office:-HONG KONG No. 10 Des Voeur Road, Central.
Board of Directora:
SIE SuoDSON Chow, Chairman
18, QUEEN'S ROAD, CENTRALi Koon Chan, Esq. Li Lan Sang,
18, PINE STREET,
NEW YORK Au “American Bank offering com plete Foreign Banking Servic In 'the principal Markets of the. world.
P. K. Kwok: Blaq, Wong Chu son, Eq. Wong Jun Tong, Esq. Kan Ying Fo. Reg. Chan Ching Show, Eaqe Fang Flag Wah Enq KAN Toro Po, Esq., Chief Manager LI TAL FONG, EQ, Manager
Fafaria
Bombay Calucia
Branches and Agencies: -
Koos Fenang, London
Kangool "Benendaya Manila Baljon. Byrakowe Melbourne San Fran- Bydney Nagamis
Price, £260-1/&
December
12.65/65
Market steadier on President Maren
12.30/33
12.55b/60a 1235/35
12.30/30 12.10/10
25 of
Greyhound Corpn.
111
U.S. Steel
671
Halphong Hankow Kosalain
20 off
Hercules Powder Co
754
Vanadium
331
election win stimulate
United
Roosevelt's re-election. The mar- Total sales for the day:-131 contracts.
ket thinks that the Democratic rey Official Suver
States production quicker than NY-London Cross Rate 4.03-3/4.
sould the new regime.
RESERVE BANK OF
INDIA STATEMENT
Calcutta, Nov. 6 (Reuter).
Oct. 25 Nov. 1
Notes in circulation
(including Notes held in the Bank- ing Department). Rupee Coln and Bul
lion in India Gold Coin and Bul-
ton in India
LONDON STOCK
EXCHANGE
REUTER'S SERVICE) ..
London, Nov. 6. The following quotations are the middle prices at the close of the market in London. 'All 'quotations 25.715 25,615 are subject to confirmation and no responsibility is assumed for errors 3.081 in transmission.
SILVER MARKET
LONDON SILVER
London, Nov. 6 '(Renter). Silver-Little general selling with" not much support, Business small, Market quiet.
יי.
Spot, 23-3/8d. Forward, 23-5/16d,
Homestake Mining
51.
Vultee Aircraft.
Int Nickef
284
Walworth Co.
ད
This Bank is entirely owned by THE CHASI NATIONAL BANK NEW YORK, with Besources of ont
34-3/4
34-3/4 4.04
Inter. Paper & Power
141
Warner Bros. Pict.
21
Int, Tel. & Tel
Westinghouse Elec.
1033
Kennecott Copper ..... Lakey Foundry & Mac, Libbey-Owens-Ford
32
Woodward Iron Cor.
-317
4."
Glass
424
Chase National Bank National City Bank
264
Lockheed Aircraft
281
DOW JONES AVERAGE
135.00 131.47 131.98 3,23 öff
US $2,900,000,000,
D. M. BIGGAR.
Second Fico Pré-,
A Job?
Poping
Every description of Banking and Exchange business transacted. Lonas granted on approved securities.
Ourfent Accounts epened in Looa) Currenéyed Fixed Deposits re- esived for: one year or aborter periods in Local and Foreign Cuz rencies on terms which will be | quoted-on application
SAN DEPOSIT Boxes To LT.
KAN TONG PO,
Chief Maniger.
cisco Tianla New York BOLLIT Paris
Namarang
DORVER
Kobe
1840
Nov. 7. 1940.
3.162
4,441
£
Securities (Iridian
4,441 War Loan, 3% (Red,
after 1952)
1012
Government)
4,981
Securities (British
· 4,982 | Canton-Kleon Rly. 5% 8
Chinese 41%% Gold Loan
(Ger. Stpd. Supl. Loan) 8. Jap: 5% Ster. L'oan, 1924 234 Ger, 1% Inti. Loan; 1924 51 Chartered Bank....... H.K. & Shai Bank (Ldn ..Reg......
High Low Dow Jones Averagca 15280 1184 30 Industrials
2267 92.13 20 Rails 96.45 18.03 20 90.81
Nov. 4,
High Low Close
Change
135,91
29.30
29.90 28.49 24.87
.49.08
Utilities 83.06 40
Bonds 94.07 48 47 11 Commodity Index
23 28
00.14
22.53 21.37 21.51 1.77 off .10 off
55.47
69.99 ANTE
,33 off
Business Done:-1,210,000 shares
61
H.K. & S'hai Bank (Col.
Government) ..... 13.150
13,150
(Figures in Lakhs of Rupees).
1898 (Brit, Isale)..." Chinese 5% Gold Bonds.
1925-47.
32
Reg)
Chinese Eng, & Mining
(bearer)
14/
Chin. 44% Anglo-French
Loan, 1908 Chinese 5% Cilip Löan.
· LONDON STOCK
EXCHANGE.
LONDON, Nov. 7 (Reuter) Business was more widespread on the London Stock Exchange yea terday with growing demand re- vealing a shortage of stock; hence prices advanced
1912 Chinese 5% Reorg, Loan
1913 (Lda. ) Chinese 8% Ster. Notes...
1925 (Vickers)
chin. Imperial Rly. 5%
Loan...
Honan Rly. 5% Hukuang Rly 5%, 1911...
(LP. N/Y Issue) Hukuang Rly-5%-1911
.German Iasule)
Katirs were prominent on Cape support while other minings, in cluding coppers, were well bought. Home rails were helped by resimption of provincial demand.
Industrials attracted buyers but Lung Tsing & U. Hal gilt-edged were less in the lime: Rly. 5% 1913 light and Argenting, together with; S'hai-N'King Rly, 5% Far Eastern bonds," were 'stronger | Tientsin-Puków Rly, 5%
Wall Street was weak
LONDON GOLD
London Nov. 6 (Reuter), Bar Gold. Eine per oz. 168/-
Brit. Stpd.) Tientsin-Pakow Rly, 5%
Cerman Stod.) Tientsin-Pukow Rly. S% (Brit. Stpd. Supl, Loan) Tientsin-Pukow Rly, 5%
Great Western · Rafi- ⠀⠀
WEY. 3%
Nat Bank of India, 3%
•bid:
Chasen Corporation
1.4/-
44
Pekin Syndicate.
2/-
B'hal Elec, Constr. Co.........
15/-
13
Bhai Waterworks' "A"
13)
Union Insurance
20
TO-
19
Gala Kalumpong Rubber
13/9
B.-A. Tab. (bearer)
86/3-
Mercantile Bank ........
10),
Dunlop Rubber
-30/3
Bristol Aeroplane
10
Imperial Chemical Ind. 27/101
United Steel
20/97
11
Woolworths..
58/8
Maruman-Investments......
-7/8:
10
Western Holdings
9/6
Bub-Nixel
160
3hell Trans, & Trad.
hearer)Pana
35
Nat Defence Bonds, 3% 102 Londen-Midlands-Scot-
tish, 3
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OBAKĄ
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in -the French. Concession, at, Shanghai, where passengers and cargo are landed.
For further par
particulars
planas apply to-
ARDINE MATHESON&Co., TELEMONE ZOJIL-GENERAL MANAGERS
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS AN E INTERNATIONAL EXCHANGE
BAKK
PAID UP CAPITAL 240,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our nurderous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend so our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices.
KONG MON TOISHAN
KINGOHOW
CANTON
SWATOW
SHLUCHOW
We also handle the issue of Bonds and other Public Funds of the. Chinese Government both at Home And, Abroad.
SHOU 7. CHEN,
Manager.
WANT ADS