Alleghany Steel Co......
REVIEW
On demand
383
Allis Chalmers
On Singapore:-
Aluminium Liq..
On demand
62 3/1
Amer. Can
NEW YORK, November 9, 1940. .
Jn Japan-
American Cyanamid B
SINGAPORE RUBBER
Previous
Close
buyers
SPOT"
JAN-MARCH
APRIL-JUNE
Nov. 9 Opening Closing
buyers 39-1/4 39-1/4 39-1/8 37-7/8 37-7/8 37-3/4 38-1/8 30-1/8 36-1/4
On demand
100
Amer. Foreign Power ...
On India:
Change
Amer & Foreign 37 pf.
**}82 1/2
Amer. Locomotive
of-1/8
Amer. Metals Co.
Amer. Radiator
Credlus, 60 days sight 33 7/8
Amer. Rolling Mill
The market was quiet.
Amer. S'ting and Ring Co.
Amer, Sugar Redning
LONDON RUBBER
POT
Previous cluse "Today's close
Amer. Tet, & Tel
DECEMBER
JANUARY S
FEBRUARY
buyers
buyers
Change
11-11/18
11-13 16 Market closed 11-15/16
11-15/16
Amer. Tobacco "B"
Amer. Waterworks
New York Cotton, Dec. Now York Rubber, Dec. Chicago Wheat,. Dec. Chicago Corn, Dec.
May
New York Hides, Dec. NEW YORK COTTON
Dec. (New contract)
Close
9.85/86
Opening
Closing.
Change
9.88/88
January
-T
9.75 N
9.75b/79a
9.90/90 9.81n
.05 up
1.00 up
March
{
9.84/85
9.85/85
9.91/91
.07 up
(..)
9.81/81
9.83/83
9.86/87
.05 up
July October "{ Spot
{
9.63/63
5.65/65
9.70/70
.07 up
9.23/24
9.25/25
9.67 N
9.31/31 9.920
13.43 13.05 12.93b 13.20b 27-up
621 813
. High Low Close Close Change 9.95 9.88 9.86 9.90 .05 up 20.80 20.80 20.67b 20.80 .13 up
882 871 877. 883
up off
3/4.
621 621
Quiet,
APRIL-JUNE
11-7/8
NEW YORK COTTON: The market was Arm. Demand was broad- er. There was improved enquiry in the good's market and sen- tument was more favourable.
NEW YORK RUBBER: There was increased Interest in physicals.
Shipment offerings were light and at frm basis.
CHICAGO WHEAT: Prices continue frm and demand good because
of the firm cash position.
NEW YORK STOCKS: Previous close, 136.64: Today's close, 138.12;
Change, up 1.48."
Notice: All American and Canadian markets will remain closed on Monday, Nov. 11 (Remembrance Day).
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Prev. Today's
Bank Buying Rate ... Nou..
Jar Silver per oz.
Market Repor
FROM RUZA BROS.
Tuesday, Nov. 12.- Silver prices were unchanged over the holidays, the quotations re maining at 23.5/16 for both de- liverica, Silver advices reported the market as being quiet and featureless, American Silver was quoted at 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403.-
Case, 31.
Celanese
On Balgon:-
On demand
in Manila:-.
On demand
Ja Bangkok:-
On demand
Sterling Notes:-"
Anaconda Copper
PAGE 10-HONGKONG "DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET
(FROM PAYNE & CO.)
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
"NOVEMBER 12, 1940.
On London:-
Telegraphic Transfer. 12 7/4 Hank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai-
Telegraphic Transfer.
and demand
On New York:--
Bank Bills, on demand $3
In Batavia :----
On demand
Ja Paris:-
Bank Bills, on demand Yom. Credita 4 months' sight Nam.
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION.
(REUTER'S SERVICE)
NOVEMBER 10, 1940.
WEDNESDAY, NOVEMBER 13, 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, 1888
Reserve Funds: Sterling.
Paid-Up Capital ........ £8,500,000
....£3,000,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of .. Proprietors
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman, J. K. Bousfield, Esq.,
prietors
£3,000,000
..£3,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.2
Sub-Agencies in London:
117/199, Leadenhall Street, EÇA. West End. Branch:
14/18, Cockapur Street, 8.W-1 Manchester Branch:
as, Mosley Street, Manchester, £...
AGENCIES AND BRANCHES
HARDIN
ALOR STAR
AMBITUAR
BANGKOK
PENANG
HONG KONG MAKG091 ILOILO
Lest Sale
STOCKS
Last. Sale"
Nov. 9
Nov. 9
..$20,000,000
Loew's Inc. ......
291
5+
Loft Incorperated
*21
Head Office:-HONG KONG
38
Mack Truck Inc.
291
804
Martin, Glen L
351
914
McKesson & Robbins, pid. 281
Board of Directors: H. V. Wilkinson, Esq.,
38+
Montgomery Ward
10%
11
M'tain City Copper Co.
10
National Aviation
121
173
Nat. Dairy Products
14
201
National Distillers
211
A. H. Compton, E
71
National Lead
Hon. Mr. S. H. Dodwell,
201
G. Miskin, Esq.,
183
Nat, Fower & Light
71
481
National Supply Corp.
K. S. Morrison, Esq.,
71
Hon. Mr. T. E. Pearce,
164
New York Central .....
154
C. C. Roberts, Esq.,
BATAVIA
DOMBAY
167!
Niagara Hudson Power
37
733
N. American Aviation
183
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
CALOUTTA
82
North American Co.
182
29
Northern Pacinc
AGENOTES: KOBE CLIVE STREET
Chief Manager. Fauzis PLAC
SAIGON
BLERKKAN
KARACHI ELANG
SHANGHAI
SINGAPOR
BITIAWAN..
KUALA
71
CANTON
100
Atchison, T. & S. Fe.
181
Owens-Illinois Glass Co.
521
Aviation Corp.
57-
Pacific Gas & Elec
294
Amoy
Baldwin Lecametive
187
Packard Motors
34
Bangkok
Branches: Johnre Rangoon Kobe
CA WNPOR
CEBU
COLOMBO
Saigon."
Baltimore & Ohio
43
Pan-American Always
181
Batavia
Kowloon San
DELFI
140 1/3
Barber Asphalt Co..
113
Paramount Pictures
94
Bombay
Kuala
Francisco
Barnsdall Oa
10A
Pennsylvania R.R.
244
Calcutta
Lumpur
Shanghai
Bendix Aviation
348
Canton
London
Philadelphia Read, Coal
#
Singapore
$3.5/16
Bethlehem Steel
925
Phillips Petroleum
Chefoo
Lyons
Sourabaya
385
Colombo
Malacca
Bliss Co.
181
Public Service of NJ,
323
Dairen
Manila
Sungei
Patari
Boeing Airplane Co
18
Pullman Inc.........
302+
Foochow
Muar
Swatow
Borg-Warner
213
Pure Ou
81
Briggs Mfg.
261
Radio Corpn. of Am.
54
Baakou
Mukden
Budd M'facturing Corp.
51
Reading Company,
Com
144
Harbin
Canadian Pacific R'way
31
Remington Arms Co, Inc.
Cloilo
61*
613
Republic Aviation Corp.
58
Ipoh
Peiping
Penang
28
Republic Steel
..........
241
Chesapeake & Ohio Chrysler Corpm. Columbia Gas de Mec, Commercial Credit Co. Com, & Southern (Ord.) "Consolidated Edison
421
Revere Corp.
13
231
Reynold Tobac. "B"
43
54
Safeway Stores
43
331
Schenley Distillers
114
11
Sears Roebuck
79
quoted on application.
251
Shell Union 01
104
Consolidated On
Socony-Vacunum Of
91
ALBO up to date Sars DEPOSIT Boxes in various sizes To Lar Hong Kong. 28th February, 1940.
Continental Can
411
Southern Pacific
01
Continental Oll
197
Southern Rly $5 pid.
231
Laiphong (Johore) Tientsin
Tokyo New York Tsingtao.
Yokohama
(Peking)
FURBON EXCHANGE and ... General “ Banking Business transacted. *****
CURRENT Aocov epened and FIXED DEAITE received for One Year or shorter periods in Local or Other Currencies at rates which will be quated on application.
SAVINGS ACCOUNTS also opened is Local Currency and Sterling with
CURRENT ACCOUNTS opened in interest allowed at rates obtainabla LOCAL COBUENCY and Fixto Unposits on application. received for one year or shorter "The Bank's Head Office in London periods in Local and other Cur undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained as any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
HAIPHONG HAMBURG HANKOW
MIDAN NEW YORK PEIPING
LUMPUR KUCHING MADRAS MANILA
BOURABAYA TAIPING
TIENT IN TONGEAH
(-Bhuket) THINGTAS YUKOHAM
MARKET
STERLING
Copperweid Steel
211
Spicer Manufacturing Co. 35
Curtiss Wright (C.)
101
Standard Brands
02
Total sales Friday:-251,400 bales
NEW YORK RUBBER
4
Total sales:-040 tons.
December
January
March
May
CHICAGO WHEAT
December
871/872
88,881
381/881
1 up
May
87/887
871/873
874/874.
up
at
July
821/83
83/834
832/83!
up
Friday's sales:-24,252.000 bushels.
CHICAGO CORN
December
628/621
621/627
-621/621
ot
May
831/631
631/63
63/632
up
20.67%
20.45b.
20:00byB0a unquoted
20.31b/32a 20.25b/35a
20.80/80 20.58b 20.55b
13 up
20.10/10
20.05b/15a
20.33/33
24 up "23 up
סט 27.
34-3/4
buyers at 403.
.35 up
unquoted 4.03-3/4
NEW YORK HIDES
"December
March
12.93b/94a 12.95b/13.14a 13,20b 12.70b/75a 12,89/89 13.05/05 Total sales for the day-145 lots. NY Official Silver
NY-London Cross Rate 4.03-3/4
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
Londen, Nov. il
· The following quotations are the middle prices at the close of the market in London. All quotations are subject to confrmation and no
.08 up .05 up
.13 up
LONDON GOLD
London, Nov. 11 (Reuter). Bar Gold. Fine per oz., 1687-
(Brit. Stpd, Supl. Loan) 8 Tientsin-Pukow Rly. 5%
(Ger. Stpd. Supi: Loan) 4 Jap. 6% Ster. Laan, 1924 25
responsibility is assumed for errors Ger. 7 Inth Loan, 1924 5
There were sellers at 1/2.31/32 November-January, buyers at 1/3 for Cash.
U.S. DOLLARS
Small transaction was deported at 23.7/16 for Cash. The market closed with sellers at 23:7/16 for Cash, buyers at 23.1/2 for Cash..
SHANGHAI DOLLARS
Sellers at 400, buyers at 403, for Spot. The Shanghai Exchange Market was closed today.
AFTERNOON MARKET
The market was dull in the ufternoon. No business was re- ported.
STERLING
The market closed with sellers 1/2.31/32 November/January, buyers at 1/3 for Cash,
D: S. DOLLARS
Were a shade steadier, closing with sellers at 23.1/1 for Spot, buyers at 23.9/18 for Spot,
SHANGHAI DOLLARS Sellers at 401
and"
Calcutta Exchange
Calcutta, Nov. 11 (Reuter), T1, on Japan. 81-1/4.
LONDON METALS
EXCHANGE
London, Nov. 11 (Reuter). Tin. Standard. Cash, Middle |Price, £258-3/8.
Tin, Standard, 3 months. Middle Price. £260-3/8.
Eased in sympathy with New York: home trade not supporting. Little general selling
Deere & Co......
Distillers Corpn. Seagrams Douglas Aircraft
Du Pont de Nemours Eagle Picher Lead
Eaton Mfg. Co.
Elec, Autolite
1940
Bigh Low Dow Jones Averages 15280 111,84 30. Industrials..
22.67 $2.15 20 Rails
DOW JONES AVERAGE
Nor. A,
138.04
Nov. 10. 1940.
High Low Close
13-49 1366 13812
Change
1.48 up
Babcribed Capical
29.67
30.04 29.77 °29.98
20 up
Pakar Capitit
Rare Fund and Rest,"
Utilities
21.91
22.16 21.85 · 22.06
:14 up
83.04 40 Bonda
90.62
64.07 4847 11 Commodity Index
5A,78
10.71 $7.10 Business Done:-1,100,000 shares
.00 up 40. up
26.45 18.03 20 90,61
Curtis Wright "A"
294
Stand Gas & Elec.
211
Standard Oll of California
20
19
Standard Ou of NJ.
381
ነ
801
Stone & Webster
8
1701
Studebaker Com
81
113
Swift International
20
351
Technicolor
91
37
Texas Corpn.
391
Elec Bond & Share
51
Texes Gulf Sulphur
382
Elec. Bond & Share $5 pt.
60
Timken-Axle
29}
Elec Bond & Share $6 plt.
69
Trans-America Co.
51
11
Elec. Power & Light $7 p.
351
120th Cent. Fox.
Funikote......
171
Union Bag & Paper Corp.
131
Gen. American Trans.
54
Union Carbide & Carbon
754
Gen. Electric
35
Union Pacific
84
Gen. Motors
541
United Aircraft
441
15, QUEEN'S ROAD, CENTRA¡
Gen. Rallway Signal
"164"
United Airlines Trans
183
Gen. Tire & Rubber
141
United Corpn
17
Glidden Co,
161
United Corpn. $3 cum pf.
33
Goodrich (B.F.)
142.
United Gas Corpn...
12
Goodrich $5 pr.
601
United Gas Improvement
111
HONGKONG SAVINGS"
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING COEFORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 5th Feb., 1939.
THE CHASE BANK
HEAD OFFICE:
18, PINE START,
BANK OF EAST ASIA, LIMITED
Authorized Capital.. $10,000,000.00 Paid-Up Capital ........
5,598,600.00 Reserve and Undivided
Profits
- 2,553,267.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
812 Sorso Chow, Chairman
P. K. Kwok, Exqu
Li Lan Sang, Eng.
Wong Chu Spa, 219.
Wong Tun Tong, Esq. Kan Ying P, Req.
han Ching thus, Log. Fang Pins Wah Beg
NEW YORKAN Tong Po, Esq., Chief Manager.
LI TEX Fox, Esq., Manager
An American Bank offering com.
plete Foreign Banking Servic
.
Li Koon Uban, Esq.
Goodyear Tire & Co..
181
U.S., Industrual Alcohol. ...
231
Great Northern Iron Ore ..
18
UB. Rubber
23
in the principal Markets of the world.
Great Northern Rly, pfd;
294
US. Rubber $8 pfd.
86
Interest Rates oa Application.
Great Western Sugar Greyhound Corpn.
221
US, Smelting
66
12
704
SAFE DEPOSIT BOXES
probably.
Hercules Powder Co.
75+
Vanadium
369
Homestake Mining
541
Vultee Aircraft
»
Int Nickel
28
Walworth C.
B+
Inter. Paper & Power Int. Tel, & Tel
184
Warner Bros. Pict."
31
Westinghouse Elec.
109
Kerrecott Copper
37
Woodward Iron Cor.
344
Lakey Foundry & Mac. Libbey-Owens-Ford Glas Lockheed Aircraft
41
Chase National Bank
344
441
National City Bank
281
372
This Bank is entirely owned by
THI CHASE NATIONAL BANK NEW YORK, with Resources of or U.6.$2,900,000,000.
D. M. BIGGAR,
Bacon Fios Prai
THE MERCANTILE BANK "OF INDLĄ, LIMITED
.
Head Offer-15, Gracechurch Street.
London, EC3
Authorized Capital..
€3,000,000
£1,000,000
$1,060.00m
#1,254,639
Parag
Hangoon
Selgon
Melbourne Frage drdoor
3 saka..
New York Paris
Staltie
fi Lincei
Semarang Stanghal
GOUTST
Every description of Banking and Exchange business transacted. Loo granted on approved securities.
Current Accounts opened in Loon! Currency and Fixed Deposits ge ceived for one year or shorter periods in Local and Foreign Car- rencies on terms which will he quoted on application.
SATE. LEPOSIT Boxes To LET.
KAN TONG PO,
Chief Mannger.
Amd
Batavia
Bombay
Calen.ca
Haiphong
Bankow Hanlalu Love
Branches and Agencies;~
Kerekoa
Iwouda
Stacilla
Bingapore Bouzabays
bow
in transmission.
Chartered Bank ..
7-1/16
過
War Loan. 31% (Red.
HK. & Shal Bank (Lan.
Reg.)
63
after 1952).
1013
H.K. & Shai Bank (Cal...
Janton-Kioon Rly, 5%
8
Reg)
69
Chinesa 41% Gold Loan
Chinese Eng. & Mining
1898 (Brit. Issue
32
(bearer,
14/~
Chinese 5% Gold Bends.
1925-47...
Chosen. Corporation
4/-
35
Pekin Syndicate.
2/-
Chin 44% Anglo-French
B'hai Elec. Constr. Co.
15/-
Logn, 1908
H
Shal Waterworks “A”
13
Chiposa 5% Crisp Loan
Onion Insurance
TO-
20
1912
13
Gula Kalumpong Rubber- 13/9
Chinese 5%. Reorg, Loan,
B-A, Tob. (bearer).
87/6
1913 Ldn. 12) ...
19
Mercantile Vank
101
Chinese 8% Ster. Notes,
Dunlop Rubber
31/3
1925 (Vickers) .....
Bristol Aeroplane
9/74
Chin. Imperial Fly, 5%
Imperial Chemical Ind. 28/6
Loan
44
United Steel
20/9
Honan Fly, 5%
10
Woolworths
59/11
Huktang Rly 5%. 1911...
Marsman Investments
7/6
(LP, N/Y Issue)
11.
Western Holdings .......
Hukuang Rly 5%, 1911
Sub-Nigel
162/6
(German Iasule)
10
Shell Trans
Trad.
Lung Taing & Har
(bearer), ..
35/74
Riy. 5% 1013
6'hal-N'King Ply."5%
11..
Nat Defence Bonds, 3% 101 London-Midlands-Scot
Tientsin-Pukow. Rły, 6%
tish. 3%
14#
(Brit. Stpl),
Tientsin-Pukow fly 6%
Great Western Rail-
way,
Berman 8tpd.) Tientsin-Pukow Rly. 5%
Nat Bank of India..1%
bid.
351 27
t-ex, div.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers"
SWATOW, SHANGHAI, THINGTAU, CHEFOO.
and TIENTSIN
KOBE- and -OSAKA ́·
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongairle the Roosevelt Terminal in the French Concession at
Shanghai, where paassagersTM and cargo, are landed.
For further particulara
please apply to
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Kuala Trengganu (".- Madria
Bangkok
Ipoh
Bombay
Caloutta
Baw York
Colombo
Kandy
Kazaghi
Hot Bhara
Delhi
Bourhoog Ratby Hyb
Howrah
Penang Fap.com
Să
El Lampor togepure
HONG KONG BRANCH......... Every droption of Banking and Exchange bosine.tracted.
TRUSTED AND EXECUTORSHIP
AN UNDERTAKEN CURRENT ACCOUNT8 cuped in Loos! Our ney and FIXED DETOBITS Frostved It Local ONFIRACY & BEERLING og læris" this may be
vertáló d'amplation
D. BENSON.
What do
Winsor
you want 2.
If there is anything you want to buy or seli,
# try
small Classified advertise- ment in the Hong- kong Daily Press. -
JARDINE MATHESON&Co.,LTD 25 words $1.50 prepeid
TELEPHONE ZOJI GENERAL MANAGERS
for 3 insertions..
BANK OF CHINA
Specially, Chartered by THE NATIONAL GOVERNMENT OF CHINA AR AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL 40,000,000,00 (BRANCHED ALL OVKE CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centre of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Bxchange.
Head Offles:—SHANGHAI Hong Kong Branch:
4, QUEEN'S BOAD.
South China Offices:
VANTON SWATOW SHIUCHOW
KONGMOON -TOISHAN
KINGCHOW
We also handle the issue of Bonds and other Publie Funds of the Chinese Gavernment both at Home and abroad.
88QÚ 1. CHIN.
Manager.