Adams Express
Alleghany Steel Co.
Allis Chalmers
Aluminium Ltd.
Amer. Can...
American Cyanamid B...
Close Opening Closing
Change
Amer. Foreign Power ...
buyers
buyers
Amer & Foreign $7 pf.
39 cts.
39.cts.
39-1/4
up. 1/4
Amer. Locomotive.
37-3/4
37-3/4
37-7/8
36-3/8 36-3/8 38-3/8
up 1/8 unch
Amer. Metals Co.
Amer. Radiator
The market was very quiet. LONDON RUBBER......
Amer. Rolling Mill
Amer. Sting and R'ing Co.
Previous close Today's close
43 1/4
buyers
Amer, Sugar Refining
buyers
Change
3 POT
11-7/8
11-7/8
unch.
Amer. Tel, & Tel
DECEMBER
12-1716
12-1/16
Amer. Tobaccó “B”
Credits 4 months' sight Nom.
12-3/16
12-3/16
Amer. Waterworks
FEBRUARY
12-1/4
12-3/16
off 1/18
Anaconda Copper
샤
On demand
100 1/2 APRIL-JUNE
Atchison, T. & 8. Fe.
12-3/18
12-3/18
Aviation Corp.....
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
· NOVEMBER 14, 1940,
On London:----
Telegraphic Transfer. 1/8 7/4 Bank Bills, on demand 1/8 7/8 Credits: 4 months" sight
Da Shanghali---`
On demand
On Singapore:-
14
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
390
(FROM PAYNE & CO.)
On demand
59 3/1
NEW YORK, Nov, 13, 1940.
On demand
103
SINGAPORE RUBBER
On Japan:-
On India:-
Telegraphic Transfer: J42 1/2
and demand ..............
On New York:-
Bank Bills, on demand 23 1/8 Credits, 60 days' sight 24
On Batavia :---
On demand
On Paris:
י
Bank Bills, on demand Nom.
On Saigon:-
POT JAN,-MARCH APRIL-JUNE
JANUARY
Previous Nov. 13
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE) NOVEMBER 14, 1940,
FRIDAY,
NOVEMBER 15, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANE OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA"
AND CHINA
Issued & Fully Paid-Up #30,000,000 Incorporated by Royal Charter, 1880
Reserve Funds:
Sterling
H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietors
£8,500,000
Paid-Up Capital Reserve Fund
£3,000,000
£3,000,000
Reserve Liability of Pro-
prietars
$3,000,000
$20,000,000
READ OFFICE: LONDON;
Head Office:-HONG KONG
Ohairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
38, Bishopsgate' E. C.S.
Sub-Agencies In Lendon: 117/122, Leadenhall Street, E.Qa West End Branch: 14/16, Cockapur Street, S.W 1 Manchester Branch:
39, Mouley Street, Manchester, 2
AGENCIES AND BRANCHES
"HARBIN
ALOR STAR AMRITSAR
ΒΑΧΟΧΟΣ
PENANG
TONG KONG LAGOON
ILOILЛ
BAIGON
4
BEREKBAN
BHANGHAI
BINGAPOR
DITIAWAN
SOU BANAYA
4-
BATAVIA
IFOR BOMBAY
KARACHI CALCUTTA ELANO
AGENCIES: O ÜLITA. STEEKT FAIRLY PLACE
| CANTON
KUALA
LUMFOR KUORING MADRAS
Last Sale
STOCKS
List Sale
Nov. 13
Nov 13
Loew's Inc.
291
241
Loft Incorperated
20
37
Mack Truck Inc.
291
80
Martin, Glen L.
35+
921
McKesson & Robbins, pl4. 27
Board of Directors: E. V. Wilkinson, Esq.,
35
Montgomery Ward
40
11
M'tain City Copper Co.
34
161
National Aviation
121
171
Nat, Dairy Products.......
1347
·21.
National Distillers
J. K. Bousfeld, Esq.,. A. H. Compton, Esq.,
21
Hon. Mr. S. H. Dodwell,
National Lead
197
Q. Miskia, Esq.
171
Nat. Fower & Light
71
K. 8. Morrison, Esq.,
481
National Supply Corp.......
7
Hoa. Mr. T. E. Pearce,
18
New York Cential
151
*187
Niagara Hudson Power
31
73
N. American Aviation
19
81
North American Co.
18
0.0. Roberta, Esq... Hon. Mr. A; L. Shields, Sir Vandeleur M. Grayburn.
Chief Manager.
284
Northern Pacific
71
18)
Owens-linols Glass Co.
504
51
Pacific Gas & Elec
29
On Manila:--
. On demand
46 1/4
The market was steady but quiet. NEW YORK RUBBER:
Amoj
Branches; Johore
Baldwin Lecometive
177
Packard Motors
31
Bangkok
Kobe
Rangoon Saigon
Traders are becoming more
concerned
Baltimore & Ohio
44
Pan-American Airways
18.
Batavia
Kowloon San
On Bangkok
On demand
149 1/2
On Sterling Notes:-
Bank Buying Rate
Not:
Bar Silver per oz.
23 5 18
Shanghai Exchange
Shanghai, Nov. 14 (Reuter).
Official T.T. Rates
as the Far Eastern altuation becomes more complex. Shipment offerings were light.
CHICAGO WHEAT: The gradual tightness of "tree" supplies con-
tinues to be the chief market factor.
CHICAGO CORN: Reports from Washington indicate that the corn Crop generally will be unharmed by the recent frost as most of the crop was ripe before its arrival
NEW YORK STOCKS: Previous close, 137.41; Today's close, 136.61;
Change, off .80.
Bendix Aylation
Bliss Co.
Barber. Asphalt Co. Barrisdall Ou
11
| Paramount Pictures
91
Bombay
Kuala
Francisco HAMBURG
101
Pennsylvania R.R.
251
34
Philadelphia Read, Cool
Bethlehem Steel
891
Phillips Petroleum
Cheloo
331
Colombe
. 151.
Sungei
Public Service of NJ,
31#
Ebeing Airplane Co.
Dairen Manila
Patani
Pullman Inc....
261
Borg-Warner
21
Pure 00
"Briggs Mfg.
28
Radio Corpn. of Am.
51
Budd M'facturing Corp.
51
Reading Company,
Com
141
Harbin
Canadian Pacine R'way
Remington Arms Co., Inc.
52*
Iloilo
London
New York
Japan...
India
Hongkong
Sterling
Selleża
Opening
Closing
Opening
0/3-11/18
Case, FL.
594
Republic Aviation Corp.
-19
Ipoh
Penang
Celanese
291.
Republic Steel), .....
Dec.
Spot
Nov.
Dee.
Market:
Close
5-21/32
5-13/16
Uncertain.
$5-27/32 $5-15/16 5-15/16 5-15/16
Nov.....
5-3/4** 24-3/8
20-3/B N 24-1/2
Spot 0/3-23/32 0/3-51/64 0/3-23/32 0/3-51/84 0/3-45/64 0/3-25/32 U.S. Dollars
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec. New York Hides, Dec.
NEW YORK. COTTON.
Dec. (New contract) 9.85/85 January
...... 9.76 N
Prev. Today's High Low Close Close Change 9.86 9.81 9.83 9.36 .01 up 21.10 20.85 20.82 21.04b 22 up
Consolidated Edison Consolidated Oil Continental Can
Chesapeake & Ohlo
434
Revere Corp.
127
Chrysler Corpo.
811
Reynold Tobic.. "B"
347
Columbia Gas & Mec.
54
Bafeway Stores
421
Commercial Credit Co.
33
Schenley. Distillery
11t
Com, & Southern (Ord.)
I
Sears Roebuck
794
quoted on application.
25.
Shell Union Onl
101
01
Socony-Vacunum Oll
of
88 871 871 871 unch. 63 621 621 627 13.05 12.00
40
Southern Pacific
up 13.15b 13.02 13 off
Continental. Ofl
101
Southern Rly $5 pfd.
234
Copperweld Steel
201
Spicer Manufacturing Co
Curtiss Wright (C)
10
Opening
9.83/83
Closing
Standard Brands ...
61
Change
Curtiss Wright "A"
294
Stand Gas & Elec.
9.86/96*
.01 up
Deere & Co.
211
Standard Oil of California
20
9.75b/77a 8.7in
.01 up
Distillers Corpn., Seagrams
20
Standard Oa of NJ.-
364
March
{ }
9.80/86
9.85/85
9.87/88
01 up
Douglas Aircraft.
85
Stone & Webster ..........
77
May
9.82/82
9.82/82
9.81/81
.01 off
Du Pont de Nemours
169
Studebaker Com
9
Silver Duty Bate
The Central Bank of · China's rate on London at 10 a.m. today was 1/2-1/20.
July. October Spot
9.67/67
9.67/07
9.66/66
.01 of
Eagle Picher Lead
111
Swift International
-191
(
...... 9.27/27 9.87 N
9.25/25
9.23/23
.04 of
Eaton Mfg. Co.
35
Technicolor
ᎠᏠ
9.68m
01 off
Elec. Autolite
362
Texas Corpn.
381
Elec Bond & Share
41
+
The Equalisation rate was 231
Total sales Tuesday:-136,400 bales.
NEW YORK RUBBER
Texes Gulf Sulphur
97
Elec. Bond & Share $5 pr.
591*
Timken-Axle
291
Elec. Bond & Share $8 pf.
69*
|Trans-America · Co.
51
per cent.
December
Calcutta Exchange
January
March
Calcutta, Nov. 13 (Reuter).
May
20.82/82 20.62b 20.45/45 20.30b
20.89/85 "unquoted
20.50b/55a
20.36/38
21.04b/00a 20.90b 20.85/65 20.58/56
22 up 28 up
Elec.. Power & Light $7 pf. Flatkote
351
20th Cent. Fox."
181.
Union Bag & Paper Corp.
141
Ģen, American Trana,
531
,20 up
Union Carbide & Carbon. 744
Gen. Electric
341
Union Pacific
83
28 up
Gen. Motors
531t
United Aircraft
T.1, on Japan, 81-1/4.
461
Total sales:-1,580 tons.
Gen. Railway Signal
164
United Airlines Trans
-19
India Rupee Paper
CHICAGO WHEAT
Gen. Tire & Rubber
141
United Corpn...
14
Glidden Go.
16
United Corp. $3 cum pt. 32
December
... 871877
872/873
871/88
unch.
Bombay, Nov. 13 (Reuter).
Govt. 31% Rupes, 92-08-0.
SILVER MARKET
LONDON SILVER
London, Nov. 13 (Reuter). Buyer Little speculative selling. Business negligible. Market very
Goodrich (BF)
151
May
681/861
United Gas Corpn.
11
861/86)
-871/87
up
Goodrich $5 of
61
July
821/83
United Gas Improvement
111
82/821
831/831
2. ap
Goodyear Tire & Co.
184
|U.S.; Dndustrual' Alcobol
234
Tuesday's sales:-13,027,000 bushels,
Great Northern Iron Ore ..
18
U.S. Rubber
123
CHICAGO CORN
Great Northern Rly," pfd.
29
US. Rubber $8_pfd,
Great Western Sugar
U.S. Smelting
December
621/621
623/824
621/63
tup
Greyhound Corpn.
121
US Steel
May
631/631
83/63€
641/641
up
Hercules. Powder Co. .....
74
Vanadium · ·
841
Interest Rates on Application.
67
.74
SAFE DEPOSIT BOXES
351
Calcutta Lumpur Shanghai
Canton London Singapore
Lyons Sourabaya Malacca
Foochow Muar" Swatow Haiphong (Johore) Tientain
Mukden Tokyo
Bankow
New York Tsingtao
Peiping Yokohama
COLOMBO DELHI
HAIPHONG
HANEUW
MANILA
KRDAN
NEW YORK PRIPING
.
(Peking)"
TAIPING
TIENTSIN TONGELE
(Bhuket)
TSINGTAO
YOKOHAMA
FORE,ON EXCHANGE and Gearst Banking Business transacted.
CURRENT ACCOUNTS epened and FIXED DEPOSITS received for One Year.or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Starling with
CURRENT ACCOUNT opened in interest allowed at rates obtainabla LOCAL CURRENCY and Fixed Deconiza 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, aud claims recovery of "British Income Tax overpaid, on
AL30 up, to date SAP DEPOSIT terms which may be ascertained at Borra in various sizes To Lar
any of the Agencies and Branches. Hong Kong 28th February, 1940.
B... A. CAMIDGE
Manager.
HONGKONG SAVINGS
BANK
The Business of the above. Bank
is conducted by the HONGKONG X SHANGHAI BANKING COR PORATION. Bules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
J. M. GRAYBURN," Chief Manager. Hong Kong, 25th Feb., 1909.
THE CHASE BANK
18, QUEEN'S ROAD, CENTRÃI:
HEAD OFFICE:
18, PINK STREET,
NEW YORK An American Bank offering com plete Foreign Banking Servios in the principal Markets of the world.
BANK OF EAST ASIA, LIMITED
5,508,800.00
Authorised Capital......$10,000,000.00 Paid-Up Capital ........ Reserve and Undivided
Profita
.2, 133, 281. B
Head Office:----HONG KONG No. 10 Des Voeux Road, Central. Board of Directors:
SIR SHOPRON Cnow, Chairman Li Koon Chus, B Li Lan Sang, Erg... P. K. Kwok, EI Wong Chu Son, Sq. Wong Tan Tong, Esq. Kan Ying Po, Bag, Chan Ching Shok, Esq. Fung Ping Wah Kaq Kar Toxo Po, Esq., Chief Manager Li Tax Fosa, Esq., Manager
Amoy
-Branches and Agencies:--
Kowloon saang ", Bingapors Loadin Hangoon
Manila
Unletta Valbenras Ben Tre
CAWNPORK
CEBU
Batavia
Bombay
July
641/644
031/031
843/641
+ up
Homestake' Mining
511
Vultee Aircraft
Brator
Bydney
Haiphong Hokow
cipo inaku
Kowalnia
New York Beattie Parke
CSAYEX
Tobe
quiet,
8pok, 23-5/184.
Forward, 23-5/10d.
Int Nickel
28
NEW YORK HIDES
Walworth Co.
19.
Inter. Paper & Power
171
December
13.156
13.03/03
13.02/02
.13 off
Int. TeL & Tel
21
March
13.05/05
12.92/92
12.90/90
15 он
Kenirecott Copper::
38
Lakey Foundry & Mac...
4
34-3/4
Libbey-Owens-Ford
Glass' ' 48
Warner Bros. Pict. Westinghouse Elec, Woodward Iron Cor. Chase National Bank |National City Bank
3.
100% 331
4.04
Lockheed Aircraft
32
BOMBAY SILVER
Bombay, Nov. 13 (Reuter):
Total sales for the day:-125 contracts.
N.Y. Official Süver 34-3/4
Market Quietly steady. Offtake NY-London Cross Rate 404
50 bars.
Indian Mint Silver
Ready
61-13
61-13
61-14
Nov, 26 Settlement
Dec, 27 Settlement
RESERVE BANK OF
INDIA STATEMENT
LONDON STOCK EXCHANGE
(REUTER'S SERVICE}"
London, Nov. 13.
Tientsin-Pukow Riy. 5%
Oil Spa. Bupt Loan) H The following quotations are the Tientsiri-Pukow Rly. 5% middle prices at the close of the (Ger, Stpd. Supl.· Loan) ··8 market, in London. All quotations Jap. 8% Ster. Loan, 1924 Nov. 1 Nov. 8 are subject to confirmation and no Ger, 7% Intl. Loan, 1924 5
responsibility is assumed for errors Chartered Bank
"Calcutta, Nov. 13 (Reuter).
Notes in circulation
(including Notes held in the Bank-
ing Department) 25,615 25,559 Rupee Coin and Bul-
Hon in India .Gold Coin and Bul-
lion in India
3,081
14,441
Securities (Indian
Government) (14,962. Securities (British)
Government)
in transmission.
!!
3,000
4,441
War Loan 31% Red.
after 1952)
101-9/16, Canton-Kioon Rly. 6% 8 Chinese 4% Gold Loan
1898 (Brit. Issue))
32
Chinese 5% Gold Bonda.
1925-47
4,062
Chin. 41% Anglo-French
Loan, 1908 7
Chinese 5% Crisp Loan
1912
13,150 13,150.
(Figures in Lakhs of Rupees).
LONDON METALS
EXCHANGE
London, Nov. 13 (Reuter).
Tin. Brandard, Cash, Middie
Price, £259-1/8, *
Chinese 5% Reorg Loan.
1913 Ldn. Is). -- Thinese 8% Ster, Notes,
· 1925 (Vickers).
Chin. Imperial Rly 5%
Loan Honan Rly, 5%.
Tin Standard 3 months Middle Bukuang Ri 1%, 1911. Price, &260-5/8 15
LP. NYIssue)
Market Stendy Smelter selling Rukuang Rly. 5%. 1911 has ceased. There is moderate Derman Issue: demand from British consumers, Lang Taing & U... Haf including eith. Ha-platers
LONDON GOLD
London, Nov. 13 (Router). Dar Gold, Fine per oz 168/7
~Rly. 56-1915.
8′′ha! N'King Rs. 5% Tentami-Pukow- Rly, b%-
(Brit 8tpd.) Tientsin-Pukow Rly, 5%,
(Derman 8tpd)
K8'hai Bank (Ldn. .Reg.):
H.K. & Bhai Bank (Col-
Reg Chinese. Eng & Mining
(bearers..
999
1940
DOW JONES AVERAGE
Nov. 14, 1940,
High Low Dow Jones Averages Nov. 13, High Low Close 15290 111.8 30. Industrials
Change
137.41
254
..^-32.67-, 22.15 20: Rails
28.45): 18.03 20 90.79 83.08 40 8407, 48,47 11
30.20
Utilities Bonds
21.68
137.61 135.77.138.81
30.36 29.89 30.13 · .08 off 21.80 1.54 1.66 .03 of
90.79
Commodity Inder
67,03
57,19 10 up
Business Done: 1,070,000 shares
7-3/16
90,78.01 off
This Bank is entirely owned by
Basi
THE CHASE NATIONAL NEW YORK, with Resources of
U.S.$2,500,000,000.
Pelping Shanghai
Every description of Banking and Exchange business transacted. Losna granted on approved securities. Second Fies From Currency and Fixed Deposits re Current Accounts opened in Loon!
"D. M. BIGGAR,
A Job?
WANT ADS
INDO-CHINA
caired for
one year or shorter periods in Local and Foreign Car rencies on terms which will be: quoted on application.
SATE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
PAID UP CAPITAL,000,000.00
STEAM NAVIGATION COMPANY LTD (BRANCHES ALL OVER CHIRA)
157-
Operating Services for Cargo and Pa gera
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFŐO·
and TIENTSIN....
KOBE and OSAKA:
SINGAPORE, PENANG and CALCUTIA
SANDAKAN,
HAIPHONG
All steamers berth, alongside " the Roosevelt Terminal zin the French Concession at
Shanghai, where passengers and cargo are landed.
For further particulare
please apply to
Owing to our numerous Branches [in: China-and-connections, in the principal Commercial in Centres of the World, we are able to extend to our Clients special facilitier for Domentio and Foreign Banking and Krobange.
Hoad Office:SHANGHAI
Hong Kong Branch 4QUEEN'S ROAD, CLUE
South China Oficen:
CANTON
SWATOW
SELUCHOWA
KONGMOON TOISHAN „KINGOROW
We sled handle the isms of Bonda and other Public Funds of the Chinese Government both at Home sad Abroad,
SHOU ICT
Chosen Corporațión au Pekin Syndicate, D... B'hal Elec. Constr. Co. S'hal Waterworks "A" Union Insurance ... Gula Kalimpong Rubber 14/44. |B-A" Tab," (beater)
90
Mercantile Liank...
Dunlop Rubber
*32/6
Bristol Aeroplane
··0/9
Imperial Chemical Ind. 29/9
United Steel
21
Woolworths
Maramar. Investments
59/D. 47/6
Western Holdings,
Sub-Nigel
187/6
hell Trana &
Trad
<heater vína
35171
London Midlands-Scot-
Great Western Ball-
Nat Defence Bonds, 3% 1013
Het Bank of India. 1%.
dir;
TELEPHONE KO
"