Adams Express
Alleghany Steel Co.
On Shanghai---
Allis Chalmers'.............
On demand
350
Aluminium Ltd,
PAGE 10-HONGKONG DAILY
PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
• NOVEMBER 13, 1940.
On London:--
"Telegraphic
Transfer. (/2, 77+
Bank Bills, on demand 1/2 7/8
Credits 4 months' sight
PAYNE & & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW (FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 13, 1944,
THURSDAY, NOVEMBER 14, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.. $50,000,000
Reserve Funda:
Sterling
INDIA, AUSTRALJA -
AND CHINA
Issued & Fully Paid-Up $90,000,000 fucorpurited by Royal Charter, 1830
| Paid-Up_Capital £ 6,600,000 Beerve Fund
£3,000,000 .23,000,000
prietors
£3,000,000
HEAD OFFICE;" LONDON!
B.K. Currency Reserve $10,000,000 Hoserve Liability of Pro- Reserve Liability of
Board of Directors:
Last Sale
STOCKS
Last Sale
Nov, 12
Nov, 12.
Proprietor
..$20,000,000
Loew's Inc.
301
243
Loft Incorperated
201
Head Office:-HONG KONG
38
Mack Truck Inc.
291
81
Martin, Glen I.
351
On Singapore:-
On demand
52 3/4
NEW YORK, November 12. 1940.
Amer. Can
92
McKesson & Robbins, pfq. 272
H. V. Wilkinson, Esq.,
Previous
On Japan:-
On demand
108
SINGAPORE RUBBER
Close
On India:-
buyers
Nov" 12 Opening Closing
buyers
American Cyanamid B.
36
Montgomery Ward
404
Change
Amer. & Foreign Power
13
M'tain City Copper Co.
4
Amer
Foreign $7 pf.
16.,
National Aviation-
121
Chairman. Hun. Mr. J. J. Paterson,
Deputy Chairman.
Telegraphic
and demand
SPOT
39-1/8
39 cts.
39 cts.
of 1/8
AMCE Locomotive
174
Nat Dairy Products
141
R 1/2
JAN-MARCH
37-3/4
37-3/4
37-3/4
unch.
Amer, Metals Co.
211
National Distillers............
211
J. K. Bousfeld, Esq. A. II. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
Ou New York:-
On Batavia:-
On demand..
On Paris:-
APRIL-JUNE
36-1/2 38-3/8 36-3/8
off 1/8
Amer. Radiator
7}
iNational Lead
194
G. Miskin, Esq.,
Bank Bills, on demand 23 Credlis, 60 days sight 23 778
The market was quietly steady.
RUBBER LONDON
Amer. Rolling Mil
18
Nat, Fower & Light
74
K. 8. Morrison, Esq.,
Previous close Today's close
Amer. S'ting and Ring Co.
48
National Supply Corp.
7
41
buyers
buyers
Change
'Amer. Sugar Refining
17
New York Cental
151
.... 43
S POT DECEMBER
11-11/16
11-7/8
tp 3/18
Amer, Tel. & Tel
1671
Niagara Hudson Power ...
34
11-13/16
12-1/16
up 1/4
Amer. Tobacco "B"
731
N. American Aviation
....
191
Bank Bills, on demand Nors.
Credits 4 months' sight Nom.
JANUARY
11-15/16
12-3/16
up 1/4
Amer, Waterworks
81
North American Co.........
181
FEBRUARY
11-15/16
On Balgon:-
On demand
On Manila:-
APRIL-JUNE
11-7/8
12-1/4 12-3/16-
tp 513
Anaconda Copper
281
Northern Paciac
72
up' 5/16
Atchison, T. & S. Fe.
18!
Owens-linois Glass Co. ...
514
Branches:
100
46
·
་་
Now.
23 3:8
www.
责
(
H
}
.
"
October Spot
(
M
May
July
sellers at 3.23/32 for
Spot, US December
On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bank Buying Rate
Bar Silver per oz.
Market Report
FROM ROZA BROS,
Wednesday, Nov. '13. Sliver prices rose 1/16 yester- quo- day for both deliveries, the tations being
both 23.3/8 for
Silver ad- Ready and Forward. vices reported the market as be ing quiet with no business done. American Silver was quoted at 34. .3/4 for Spot,
The London New York
cross-
rate was quoted at 4021/2. New fork/London was quoted at 404.
Quiet.
MARKET
STERLING
There were sellers at 1/2.31/32 November-January. buyers at 1/3 for Cash.
U. S. DOLLARS ·· A transaction was reported ut 23.9/16 for the end of December. The market closed with sellers cash at 23.1/2-for
and 23.9/16 second half December, buyers at 23.9/16 for Cash.
SHANGHAI DOLLARS Business was done at 402 and also 402.1/2. The market closed with sellers at 400. buyers at 401. AFTERNOON MARKET Opened with sellers of Sterling
NEW YORK STOCKS: Previous close, 138.12; Today's close, 137.41:
Change off 71.
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 March May July
at 3.11/16. Last advices indicated) CHICAGO CORN
Dollars opened with sellers for May
1401/2
After ruling steady the market advanced on trade and outside buying and covering demand. Sellers were reserved. Market closed Arm.
NEW YORK COTTON; The date for farmers to vote on the 1941 acreage allotment proposal of 27,900,000 acres has been set on December 7. This allotment is about the same as in the past three years.
NEW YORK RUBBER:
There" was tightening of the spot market
Baldwin. Lecometive Baltimore & Ohio Barber Asphalt Co. Barnsdall OU Bendix Aviation
Aviation Corp.
5t
Factic Gas & Elec
29
Amoy
Joborr
181
Packard Motors
32
Bangkok
Robe
Rangoon Saigon
Hon. Mr. T. E. Pearce,
C. O., Roberts, Esq.,
Hon, Mr. A. L Shields, Bir Vandeleur M. Graybura,
Chief Manager.
38, Bishopsgate E.0.3.. Sub-Agencies In London: 117/123, Leadenhall Street, E.C.B West End Branch:
14/16, Cockapur Street, 8.WI Manchester Branch:
52, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES -
HAKKIN BONG KONG
ALOE STAR
BANGKOK
BÁTAYLAR
BOMBAY DALOVITA.
AGENCIES: Užava SraMKI Fair PAGE CANTON CAWNPORI CEMET COLUMBO
ILOILO
ПОД
KARACHI
· LLANO KODS
KUALA
LUMPUR KUCHING
PEMANG
KANODON SAIGON BEREMBAN
BHANGRAJ
* SINGAPOR
SITIAWAN
200 NABATA
TAIPING TIENTSI
AMRITHAK
MADZAJ MANILA
TONGKAN
(Bhuket)
DELHI
KEDAN
TRINGTAO
41
Pan-American Airways
161
Batavia
Kowloon San
111
Paramount Pictures
91
Bombay
Kuala
Francisco
101.
Pennsylvania RR
25+1
Calcutta Lampur Shanghai-
HAIPHONG HAMBURG HANKOW
NEW YORI PRIPING
(Peking)
TOKOHANES
341
Philadelphia Read, Col
Cantou
London
Bethlehem Steel Busy & Co.
due to fears of the possibility of shipment interruption. CHICAGO WHEAT: The reaction is considered only
Boetag Airplane Co.
natural.
We
Borg-Warner .....
prefer to buy on set-back.
Briggs Mfg.
Budd Tasturing Corp."
Canadian Pacific R'way
Case. J.I.
NEW YORK COMMODITY MARKET
Cetanèse
Chesapeake & Ohlo
(REUTER'S SERVICE) ·
Chrysler Corpn.
Prev. Today's High Low Close Close 9.92 9.83 9.90 9.85 2082 20.75 20.80 20.82
Columbia Ong & Elec.
Change .05 off .02' up
180
871
8887
027 13,20
62+
624 621
A off up
13.03
13.20b. 13.16b-:05 off
Close
... 9.90/90
Opening 9.92/92
Closing
Change
9.85/85
.05 "off
Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Consolidated Ou Continental Can Continental Oll Copperweld Steel Curtiss Wright (C)
>
9.81 N
9.82/82
·9,780
.05 off
Curtles Wright "A"
9.91/91
9.91/92
9.86/36
.06 off
Deere & Co. .....
}
9.86/87
9.87/87.
9.82/82
.04 OIT,
Distillers Corpn. Beagrams
9.70/70
-9.71/72
9.67/67
.03 off
Douglas Aircraft
>
9.31/31
9.33/31
9.92 N
9.27/27 9.870
.04 of
Du Pont de Nemours
.05 off
Eagle Picher Lead.
Total sales Saturday:-130,800 bales, NEW YORK RUBBER December January March May
'Total sales:-420 tons. CHICAGO WHEAT December
Eaton Mfg. Co.
Elec, Autolite
20.80/80
20.75b/90a
20.58b
unquoted
20.82/82 20.62b
.02 up
Elec. Bond & Share
.04 up
Elec. Bond & Share $5 p.
20,55b
20.50/45
20.33/33
* 20.226/93a
20.45/45 20.30b
.10 off
Elec. Bond & Share 36 pf.
.03, off
Elec. Power & Light $7 pí.
Flintkote
Gen. American Trans.
687/881
884/88)
871/872
1 off
Gen, Electzle.
871/971
871/871
862/867
1 on
Gén Motors
831/831
827/821
827/83
+ off
Gen. Railway Signal
Saturday's sales:-18,274.000 bushels.
Gen. Tire & Rubber
Glidden Co.
624/521
·62/624
62/824
I up
Gondrich (B.F.)
831/831
031/637
637/631
+ up
Goodrich 3 pt.
Sput at 53/4 and closed a
shade July
841/641
6417644
Goodyear Tire & Co.
steadier with
sellers
for Spot.
at 5.13/16 NEW YORK HIDES
December
Great Northern Iron Ore
13.20b
March
13.05/05 12.00/90
12.80b/13,20 13.15b
13.05/05
.05 off unch.
Great Northern Rly, pía,
Great Western Sugar
Greyhound Corpn.
unquoted
34-3/4 4.04
Hercules Powder Co
Homestake Mining
Int Nickel...............
Inter. Paper & Power
London
New York
Opening
0/3-11:10
Int, Tel. & Tel.
Kentecots Copper
Japan
Indla
Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
мынам
Shanghai Exchange
Shanghai, Nov. 13 (Reuter).
Official T.T. Rates
5-3/4
24-3/8 20-3/8 N 24-1/2
Closing 0/3-11/16 0/3-47/64 0/3-11/16 0/3-47/64
Total sales for the day:-160 lots NV Official Silver
NY-London Cross Rate 4.03-3/4
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Nov. 12. 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.
SILVER MARKET
LONDON SILVER
London, Nov. 12 (Reuter).
Silver Blight
trade enquiry.
business small Market quiet. In the afternoon, the market was quiet with no business.
Spot, 23-3/8d.
Forward, 23-3/84.
BOMBAY SILVER
Bombay, Nov 12 (Reuter). Market Quietly steady, Offtake 75 bars.
Indian Mint Silver
1940
DOW JONES AVERAGE
High Low Dow Jones Avarages 152.80 111.84 30
Nov. 13, 1940.
High Low Close 13-00 136.08 187.41 30.55. 29.83 10.20 22.02 21.45 21.88 60.70
Change
.71 off
Haipnong (Jobore) Tientsin
Mukden Tokyo
Tsingtao. "Yokobama
FORN EXCHANGE and Gencent Banking Business transacted.
CURRENT A000urrs opened and FIXED DEPOSITS received for One Year or shorter periods in Local, or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUxts also opened i Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNT opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or shorter periods in Local and other Cur tencies on terms which will be business, and claims recovery of quoted on application.
ALBO up to date Sara DEPOSIT Boxes in various sizes To L Hong Kong. 28th February, 1940.
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 CORPORATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb. 1939.
HEAD OFFICE:
18, PINE STREET,
NEW YORK
An American Bank offering "com
plete Foreign Banking Bervia. in the principal Markets of th world.
Interest Rates na Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned b THE CHAKS NATIONAL BANT
New York, with Besources of
1.8.$2,900,000,000.
D. M. BIGGAR,
Second Vice Pre
A Job
onsuk
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
Hongkong
Sterling
"Bellers
Opening
Spot
Nov.
Nov. 9,
Déc.
0/3-43/64 0/3-23/32
£
32.67 22.15 20
U.S. Dollars
Spot Nov.
$5-3/4
5-3/4
$5-7/8-
5-7/8 5-23/32 5-27/32 Market:-quiet but steady.
War Loan, 31% (Red,
after 1852) Janton-K'loon Rly. 5%
26.45 18.03·20
90.71 83.08 40
Industrials Rails
Utilities Bonds
13812
29.06
2 up
22.05
1011 8"
Ready
Nov, 26 Bettlement
Chinese 41% Gold Loan
1898 (Brit. Issue Chinese 5% Gold Bords.
1925-47....
Dec, 27 Settlement
81-13 81-13 61-14
*
64.07 48.47.11 Commodity Index
30.71. 37.18
37 off .08 up 57.03.13 off Business Done:-1,450,000 shares
32
H.K. & Shal Bank (Ldn
35
Reg.)
chin. 43% Anglo-French
H.K. & Bhai Bank (Col.
Loan. 1903
44
Feg)
Chinese 5% Crisp Loan
Chinese Eng & Mining
.912
13
(bearer
14/-
Chinese 5% Reorg, Loan
1913 (Lan. Is) .. Chinese 8 Ster. Noter
∙1925 ("Vickets) Chin. Imperial Fly, 5%
LORT Honan Rly, 5%
Chosen. Corporation
4/
19
Pekin Syndicate
21-
S'hal Elec. Constr. Co.
15/-
Bhai Waterworks "A"
13
TO
Unim Insurance
20
44
Gula Kalumpang Rubber
13/9
10.
B.-A. Tob,- (bearer)
B8/11
Hukuang Rly 5%, 1911...
Mercantile dank
101
(LP, M/Y Issue) .......
11
Dunion Rubber
32/11
Bukuang Rly. 5%. 1911
Bristol Aeroplane
9/9
(German Inte)
10
Imperial Chemical Ind. 29/41
Lung Tsing &
Hal
United Steel
21/11
Rly., 5% 1913 .
B
Woolworths
59/41
Marsman. Investments
7/0
Western Eoldings
9/3
Middle
Bub-Nigel
165
Shell Trans. & Trad
nearer
35/71
Nat Defence Bonds, 3% London-Midlands-Scot-
1011
tish, 3%
131
Great Western Rall-
way. 3%......
351
Nat Bank of India. 9%
*bid.
27
+-ex diy.
Dec.
:
Silver Duty Bate
The Central Bank of China's rate on London at 10 am today was 1/2-1/2d.
The Equalisation rate Was 24 ner cent.
Calent Exchange
Calcutta, Nov. 12 (Reuter). T.. on Japan, 81-1/4.
India Rupee Paper
Bombay, Nov. 12 (Reuter), Govt. 31% Rupee, 92-08-0,
LONDON METALS
Price,
EXCHANGE
London, Nov. 12 (Router).
Standard, Cash.
258-5/8.
Tin, Standard, 3 months. Middle Price: £280-378.
Market steady...
LONDON GOLD
London, Nov, 12 (Reuter). Bar Gold, Fine per oz., 168/-
8'hai-N'King Rly. 5%..... 11 Tientsin-Pukow Rly, 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%
(German Stud,) Tientsin-Pukow Rly. 6%
(Brit, Stpd. Supl. Loan), a Tientsin-Pukow Rly. 5%
(Gex. Btpd. Supl Loan) B Jap. 6% Bter, Loan, 1924 25 Ger, 7% Inti. Loan, 1924 54
7-3/16 Chartered Bank
Tin.
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
And TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosevelt Terminal in
the French Concession at
Shanghai, wheres: "passengers- and cargo are landed.
For further particulare
please apply to
JARDINE MATHESON&Co.,LT TELEPHONE ZOŽIL GENERAL MANAGERS
4
The Bank's Head Office in London undertakes Executor and Trustee
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital............$10,000,000.00 Paid-Up Capital ......... 5,588,600.07 Reserve and Undivided
Prosta
..2, 63, 201:0
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directora: SIE SHonsor Crow, Chairma
LI Lan Saag, Esq... Wong Cha Son, Biq.
Li Koon Chao, Eage
| P. K. Krok, Beq.
Wong Yan Tour, Baq, Kan Ying So, aq. Chan Ching Shok, Esq., Fang Ping Wah Enq KAN TONG Po, Esq., Chief Manager Li Tax Fosa, Esq, Blanagër
Amoy
Basarla
Bombay
Calestia
Branches and Agencies;··
Halphong
Landon
Manlin
Salgoo
Kalbourne San Fran. Sydory
Shah!
Every description of Banking and Exchange business transacted. Lonnt granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will he quoted on application.
BATE DEPOSIT BOXES To Let
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN
INTERNATIONAL EXCHANGE
*1
BANK
M
PAID-UP CAPITAL: $40,000,000.00. (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the ui principal Commercial Centres the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:~BHANGHAI
Hong Kong Branch;
4, QUEEN'S ROAD, C. South China Offices:
GAN ON
SWATOW
SHIUCHOW
KONGMOON- TOISHAN KINGCHOW...
We also handle the issue of Bonds and other Publio Funds' of the Chinese Government both at Home and Abroad.
SHOU J. CHEN.
911
Phillips Petroleum
39
Chefoo
Lyons
Colombo
Malacca
150
Public Service of NJ,
32+
Singapore Sourabaya Sungei
Dairen
Manila
19%
Pullman Inc....
267
Foochow
Muar
Patani Swatow
21
Pare 09
81
261
Radio Corpn. of Am.......
511
Rankon
51
Reading Company, Com
15
Harbin
New York
41
Remington Arms Co., Inc.
51*
597
Republic Aviation Corp. "...
54
Iloilo pob
• Peiping
41
Penang
291
Republic Steel
23
43
Revere Corp.
131
629
Reynold Tobac. "B"
347
51
Bafeway Stores
423
33
Schenley Distillers
114
1
Sears Roebuck
791
251
Shell Union Oll.
101
મ
Socony-Vacunum Oil
91
4 41
Southern Pacific
.03
.108
Southern Riy $5 pid.
231
201
Spicer Manufacturing Co. 345
10
Standard Branda ......
67
294
Stand Gas de Mec.
18
214
Standard Oil of California
19
20
Standard OÜ of NJ, ...
361
.861
Stone & Webster
.B
169
Studebaker Com
··81
11
Swift International
201..
351
Technicolor
91
36
Texas Corpn.
--387
47
Texes Gulf Sulphur
364
60
Timken-Axle
294
68
Trans-America Co.
54
351
20th Cent. Fox, • ..
51
17
Union Bag & Paper Corp.
13:
54
Union Carbide & Carbon
751
THE CHASE. BANK ~
348
Union Pacific
651
542
United Aircraft
461
15, QUEEN'S ROAD, CENTRA¡
161
United Airlines Trans
181
144
United Corpn
13
16
United Corpn. $3 cum pl
33
141
United Gas Corp
11
BO
United.. Gas Improvement
11
181
US., Industrual Altohd.
24+
18
US. Rubber
23
Kerloon
291
U.S. Rubber 38 pfd,
851
Pedang
[Langoon
Blagspors Butical Bys
22
U.S. Sinelting
661
12}'
U.S. Steel
751
741
Vanadium
361
3
53
Vultee Aircraft
Nagasaka
Baskow Homalain Labe
Baw Yark Bastola
Bemarang
Priping
Соци
91
28
Walworth Co.
કર્મ
18
Warner Bros. Pict.......
34
21
Westinghouse Elec.
1071
362
Woodward Iron Cor.
34
41
Chase National Bank
Glass
431
National City Bank
34. 281*
321