Adams Express
Alleghany Steel Co.
Allis Chalmera
(FROM PAYNE & CO.)
Aluminium Ltd.
NEW YORK, Nov. 18, 1940.
SINGAPORE RUBBER
38-3/4 37-1/4 -36 cts. 35-7/8 35-3/4
Previous Nov, 18
Close Opening "Closing buyers buyers 38-7/8 38-3/4 37-1/4 37-1/8
Change
after 1952)............................................ 101-11/18 Janton-Koon Rly. 5% B Chinese 41% Gold Loan"
Amer, Can
American Cyanamid B
Amer. & Foreign Power
off. 1/8
1898 "(Brit, Isme) Chinese 5 Gold Bonds.
32
Amer & Foreign 57 pt...
Amer, Locomotive
unch.
1925-47
35
Amer, Metals Co.
off 1/4
Chin. 41% Anglo-French
Amer. Radiator
Loan, 1908
44
Amer. Rolling Mill
Chinese 5% Crisp Loan.
Amer, Sting and Ring Co. 45)
1912
13
Amer. Sugar Rening
buyers 11-15/16
13-1/16
12-1/8
buyers 11-7/8 12 12-1/16
Change off 1/18
Chinese 5% Reorg. Loan
1913 (Ldn. 15.) ..
Amer. Tel & Tel.
19
Amer. Tobacco" "B"
Chinese 8% Ster. Notes.
1925 (Vickers)
Amer. Waterworks
Anaconda Copper"
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
SPOT JAN,-MARCH APRIL-JUNE
The market was quiet.
LONDON RUBBER
S POT DECEMBER
JANUARY
Previous close Today's close
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Nov. 18,'
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 amumed for arvors In transmission.
War Loan. 31% (Red,
3
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION (REUTER'S SERVICE} NOVEMBER 19, 1940
WEDNESDAY, NOVEMBER 20, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid Up 290,000,000 Incorporated by Royal Charter, 1888
Reserve Funds:
£8,500,000 Reserve Fund
Paid-Up Capital
..£3,000,000
..£3,000,000
„£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Heserva Liability of Pro-
prietors ......
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
38, Bishopagate E.C.2 Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3 West End Branch: 14/16, Cockspur Street, 8.W1 Manchester Branch:
69, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES...
BARBIN PENANG
ALOR STAR AMRITSAR BANGKOK
HONG KONG HANGDON 120110
Sterling
Last Sale
STOCKS
Last Sale
Nov.18
Nov. 18
Reserve Liability of
Proprietors
$20,000,000
5+
Loew's Inc.
29
231
Loft Incorperated
21
37
Mack Truck Inc. ........
231
78+
Martin, Glen L
34
00
McKesson & Robbins, pid. 287
Head Office:-HONG KONG
Board of Directors: E. V. Wilkinson, Esq.,
354
| Montgomery Ward
331
Mtain City Copper Co.
32
159
National Aviation
111
161
Nat Dairy Products
13
21
National Distillers
223
J. K. Bousfeld, Esq., A. H. Compton, Ex.,
Ilon. Mr. S. H. Dodwell,
71
National Lead .....
20
1. Miskin, Esq.,
167
Nat Power & Light
71
K. 8. Morrison, E.,
BAIGON
National Supply Corp.
74
Hon. Mr. T. E. Pearce,
151
New York Central
15
C. C. Roberts, Esq.,
1667
Niagara Hudson Power
34
717
N. American Aviation'
181
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
ני *
BATAVIA BOMBAY OLLOUTTA
IPON
SERAMZAN
KY
KARACHI
SHANGHAI
North American Co.
171
28
Chief Manager. FAIAN PLACE VÄLA
KLANG AGENCIES: KOBE CLIVE STREST
SINGAPOR
BITIAWAN
HOURABAYA
Northern Pacific
71
FEBRUARY
12-3/10
12-1/8
Chin. Imperial Rly, 5%
Atchison, T, & S, Fe,
17
Owens-Illinois Glass Ca.
504
January
Close
10.03/04 9.95 N
APRIL-JUNE
The market was dull,
NEW YORK COTTON: The market advanced on the firmness of 'Spot'. Offerings were light. In view of the small certificated "stock, we expect continued strength for near months, CHICAGO WHEAT: There was profit-taking on the advance but no serious pressure. Further advance is needed to attract addition- al withdrawals.
NEW YORK STOCKS;
Change, up 01.
Previous close, 134.73; Today's · closé.. 134.74;
NEW YORK · COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Curn, Dec. New York Hides. Dec.
NEW YORK COTTON
Dec. (New Contract)
12-3/16
12-1/8
Loan
Aviation Corp.
52
Pacific Gas & Elec
281
Hanan Rly. 5%
Amoy
Branches: "Johore
10
Baldwin Lecometive
17
Packard Motors
31
Bangku Kobe
Rangoon Saigon
CANTON
CAWAPORE CXED COLOMBO
LUMPUR
TAIPING
KUCHING
TIENTSIN
MADRAS
ТОХОЖАН"
MANILA
(Bhuket)
Rukuang Rly 5%, 1911..
Baltimore & Ohio
Pan-American Airways.
181
Batavia
Kowloon San
(LP, N/Y Issue)
11
Barber Asphalt Co.
101
Paramount Pictures.
81
Bombay
Kuala
Francisco
Hukuang Rly. 5%, 1911
German Issue) Lung Tsing & U
Rly. 5% 1913
Barnsdall OU
91
Pennsylvania RR.
25
Calcutta
10
Bendix Aviation
33
Philadelphia Read, Coal
Canton
London.
1*
Singapore
Hat
Bethlehem Steel
871
Chafoo
Phillips Petroleum
Lyons
391
Bliss Co.
158
Colombe
Malacca
Sungei
Public Service of N.J;
304
Dairen
Manila"
Patroi
S'hal-N'King RIF. 5% Tientsin-Pukow Rly, 55%
(Brit. Stpd.) Tientsin-Pukow Rly. 5
(German Stud.) Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl, Loan) 8 Tientsin-Puków Rly. 5%
Doeing Airplane Co.
191
Pullman Inc.........
261
Foochow
Musr
Swatow
"Borg-Warner
212
Pure Ol
2
Briggs Mfg.
25
Radio Corpn. of Am.
51
Bankow
Budd Mfasturing Corp.
54
Reading Company,
Com
141
Harbin
H:
Canadian Pacifc R'way
41
Remington Arms Co., Inc.
53*
Iloilo
Case, JI: ......
-613-
Republic Avladen Corp.
53
poh
Celanese
281
Republic Steel
221
20.77 20.70
20.80
20.76b .04 off
Prov. Today's
(Gez. Stpd, Supl, Loan) 8 High Low Close Close Change-Jap-8%-Ster. Loun, 1924-20 10.13.10.02 10:03 10.13 .10 up
Ger, 7% Intl. Loan. 1924 @ Chartered Bank
Chesapeake & Ohio Chrysler Corpn.
431
Revere Corp.
12
79
Reynold. Tobac. “B”
3+1
Columbla Gas & Elec.
5
Safeway Stores
421
71
Commercial Credit Co. Com, & Southern (Ord.)
321
Schenley Distillers
111
1
.
Sears Roebuck
78
901
883
891
884
651 64
841
841
** off unch,
H.K. & S'hal Bank (Ldn
Consolidated Edison
241
Shell Union Ol.
101
Reg.)
83
Consolidated Oil
61
Seceng-Vacunum. Ofl
9
13.07 12.85
13.01 12.85 16 of
H.K. & Shal Bank (Col.
Peg)
Continental Can
30
Southern Pacific
81
72
Opening
10.05/C5
Continental Oll
201
Closing
Change
Southern Rly $5 pfd.
221
Chinese Eng. & Mining....
Copperweld Steel
20
Spicer Manufacturing Co. 341
9.95b/97a
10.13/13 10.05n
.10 up
(bearer)...
14/-
Curting Wright (C)
10
.10 up
Chosen Corporation
Standard Brands
61
4/-
Curtiss Wright "A"
291
March
}
10.04/04
10.07/07
10.14/14
.10. up
Pekin Syndicate
2/-
Stand Gas & Elec.....
11.
Deere & Co. ....
212
Standard Oil of California
198
May July October Spot
}
5.99/99
10,00/00
10.09/09
מנו 10.
6'bal Elec, Constr. Co.
15/-
Distillers Corpn. Seagrami, 184
Standard Oll of NJ...
S'hal Waterworks "A"...
t
9.84/85
9.35/85
9.93/93
.09 up
131.
30...
Douglas Aircraft
821
9.45/45
9.46/46
9.58/58
Unlun Insurance
20
Stone & Webster
71
.11 up
Du Pont de Nemours
1844
10.03 N
10.13T1
.10 up
Gula Kalumpong Rubber
15/7
Studebaker Com,
81
Eagle Picher Lead ..
111
B.-A. Tob, (bearer)
88/11
Swift International
181
Eaton Mfg. Co.
331
Total sales Saturday:-103,000 bales.
NEW YORK RUBBER
Mercantile Bank
101
Technicolor
91
Elec, Autolite
361
Dunlop Rubber
33/44
Texas Corpn.
39
Elec Bond & Share
48.-
Bristol Aeroplane
Texes Gulf Sulphur
37
10/8
Elec. Bond & Share $5 pt.
591
December
January
March.
May
20 80/80
20.75/75
20.65b
20.40/40 20.20b
unquoted 20.35b/38a 20.106 25a
20.766 20,61b 20.35/35 20.17b
.04. off
Imperial Chemical Ind
29/3
Timken-Axle
287
Elec Bond & Share $6 pf.
651*
04 ''off
United Steel
21/6
| Frans-America Co.
6
Elec. Power & Light 7 pf.
33+
.05 off
Woolworths ......
58/101
20th Cent. Fox
51
Flintkote
167
.03 off
Marsmar. Investments
7/8
Union Bag & Paper Corp.
13/
Gen. American Trans.
531*
Total sales:-680 tons.
Western Holdings
9/3
Union Carbide & Carbon
73
Gen. Electric
35
Sub-Nigel
175
Union Pacific
833
Gen. Motors
501
CHICAGO WHEAT
Thei
December.........
89/891
892/891
May
881/89
881/891.
July
851/851
85) '851
234/881 881/881 841/PA
y off
of
Trans & Trad. (bearerm
United Aircraft
46
37/6
den Railway Signal
16
18, QUEEN'S ROAD, CENTRAI.
United Airlines Trans
181
Nat Defence "Bonds, 3% 1017 London-Midlands-Scot-
Gen. Tire & Rubber
141
United Corpn
11
Glidden Co.
151
United Corpn. $3 cum pf. 324
1 off
Goodrich (B.F.)
151
tish. 3%
Saturday's sales:-9,882,000 bushels
158
United Gas Corpn.
11
CHICAGO CORN
December
May
July
NEW YORK HIDES
December
March
Total sales for the day:-113 contracts N.Y. Official Silver ...... unquoted
NY-London Cross Rate 4.04
641/648
647/65
651/651
651/851
65/65
651/651
"648/648 85/65 847/641
unch
off
I off
13.01/01 13.07/05 12.77/77 12.80/86
12.85b/88a 12.6Cb/64a
.16 off $17 off"
34-3/4 4.03-3/4
Great Western
way, 3%....
Nal Bank of India, 3% -
*-bid.
Rall-
Goodrich $5 pt.
61
United Gas Improvement
103
......
354
Goodyear Tire & Co.
181
U.S., Industrual Alcohol
22.
Great Northern Iron Ore
18
27
US Rubber
24
t-ex, div.
Great Northern Rly, pfd.
28
plete Foreign Banking Servic in the principal Markets of th world.
US. Rubber 38 pfd.
877
Great Western Suger Greyhound Corpn. Hercules Powder Co Homestake Mining Int. Nickel ....... Inter. Paper & Power Int. Tel. & Tel.
211*
Interest Rates on Application.
U.S. Smelting
65+
114
U.S. Stec]
713
SAFE DEPOSIT BOXES
41
724
Vanadium
341
HIGHER COST OF LIVING
HITS UNEMPLOYED
In the F.MS, no money is voted for the relief of clerical unemployment, and very litt'e for the relief of distress, due to other causes, so that the rising cost. of living is bringing this .committee's meagre scale of relief nearer to the starvation line, says Mr. John Hands, Honorary Secretary of the Selangor Asia- zie Unemployment Committee, in a recent report.
Outside the present scope of cil to ask for an increase in the that relief are people totally un- vote for "Rellet of Destitution” cared for. There appeared in the to an amount at least on the hign press recently a Police Court re-side of one per cent of the cost of port of & 23-year-old Chinese MacGregor's Bounty' (which, in the widow with a five-month old light of recent events, seems to baby strapped to her back, and have been given to quite two other children, aged five and deserving people).
un-
2.
LONDON METALS
EXCHANGE.
London. Nov. 18 (Reuter). Tin, Standard Cash, Middle Price, £258,
Tin, Standard, 3 months, Middle Price: £259-7/8.
Eased on hedging against East- ern purchases and smelter selling, while home consumers continue to be uninterested.
LONDON GOLD
London,- Nov, 18 (Reuter). Bar Gold, Fine per oz. 168/-
Kennecott Copper Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
1940
High Low Dow 162.80 111.84 30 32.67 22.15 20
26.43
18 03 20
DOW JONES AVERAGE
Jones Averages Industrials. Rails. Utilities
Nov. 16, 134.73
29.51
Nov. 19. 1940.
High Low Close 135.47 134.38 134.74 29.85 29.40 20,49
Change 01 up .0% off
Babaeribed Capital
Paid-up Capital
2008
21.27 20.92 21.15
90.90
90.70
· 84.07 48.47 11* Commodity Index
67,44
90,63 $7.39
.18 Up .07 off .14.off
Reserve Fund and Rest,"
Busincas Done: 570,000 shares
83,06 40 Bonds
INDO-CHINA
BANKERS:
21,800,000
81,000,00 £1,254,539
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Kuala Trengganu Kadras
Bangkok
Ipak
Bombay
Calcutta Calomho
Krentan
Hew York
Kindy
Penang
Delhi
Karachi
B
Galle Hongkong
Kata Bharu
Hanghat
Kasta Liple
Howrah
Kuala Lámpur "dingspare
HONG KONG BRANCH:
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 Ever dription of Banking and Easirange(BRANCHES, ALL OF CR900000
three, tugging at her ragged "Great-hearted but, intellectually Operating Services for Cargo and Passangers
•
clothes.
dishonest" is the official descrip- She told the magistrate that tion of anyone who joins the since the death of her husband poor in knocking at Government's fen months ago she had been dea-docr," but the Councillor who does titute, but managed to keep body so will be not only obeying the and soul together by selling samsu common dictates of humanity, but will be furthering the British She was bound over in the sum Government's preparation for the of $50 by a sympathetic magis- Victory of Peace.
to Tamil labourers.
trate. Other women have been
· sent to prison for a similar offence
committed for the same reason, and have taken their babies and
small children with them.
OFFICIAL VOTE
SILVER MARKET
LONDON SILVER London, Nov. 18 (Reuter). Silver Small 'cash" offerings
As this is the time of the year found poor support. Business when our public men meet in negligible. Market very quiet. In
- solemn conclave to arrange the the afternoon, the market was
State's, Estimates for the,, follow
ing year, it is not too much to expect one member of the down-
very quiet...
· Spot, 23-3/16d,
Forward. 23-1/44
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
-and-TIENTSIN-
SINGAPORE, PENANG and CALCUTTA
KOBE and OSAKA
SANDARAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in
the French Concession at
Shanghai, where passengers and cargo are landed.
For farther particulara
please apply toimi.
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL⚫GENERAL MANAGERS
baaluses" transacked.
TRUSTEE AND "EXECUTORSHIP- Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extead. o our Clients special facilities. for Domestic and Foreign Banking and Manager Exchange.
UNDERTAKEN CURRENT ACCOUNTS apated in Lol Our TEEN BED DEPOSIT rolved to Leal | Currines de STERLING on terms that may be | ascertained on apq Hention,
"BERSON.
What do
*.
you want?
If there is anything you want to buy or sell: "try
singl Classified advertise. ment in the Hong- tong Dally Press,
25 words. $1.50 prepaid
for 3 insertions.
Head Office:-SHANGHAI
Hong Kong Branch:':
4, QUEEN'S ROAD, C. South China Offices:
CANTON
SWATOW
SHIUCHOW
- KONGMOON
TOIBHAN
KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Hour and "Abroad. "
SHOUT. CHEN,
Manager.
52
Vultee Aircraft
94
28
Walworth Co.
6
161.....
Warner Bros. Pict.
27
21"
Westinghouse Elec.
105
381
Woodward Iron Cor.
314
4
Glass
47
Chase National Bank National City "Bank
331* 271
301
Lumpur Shanghai
Sourabaya
Haiphong (Juhure) Tientsin
Mukden Tokyo New York Tsingtao
Peiping Yokohama Penang
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS 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 Sarz DOBIT Boxes in various sizes To LIT... Hong Kong. 28th February, 1940.
HONGKONG SAVINGS
BANK
The Business of the above Baok 18 conducted by the HONGKONG
& SHANGHAI BANKING COR, PORATION. Rules may be obtain- ad on application.
For the HosGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 28th Feb., 1939,
THE CHASE BANK
BEAD OFFICE:
18, PIN STREET,
NEW YORK An American Bank offering com
NEW YORL PLIFING
(Peking)
THINGZAO
YOKOHAMA
FOREIGN EXCHANGS and General Banking Business transacted.
CURRENT Accour opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies st rates which will be quoted on application.
SAVINGS ACCOUNTS -also-opened-ip Local Currency and Sterling with interest allowed at rates obtainable on application.
of
The Bank's Head Office in Londos. undertakes Executor and Trustee business, and claims recovery British Income Tax overpaid, ou teria which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager
BANK OF EAST ASIA, LIMITED
Authorised Capital. Paid-Up Capital Reserve and Undivided
Profits...
$10,000,000.00 6,598,600.00
.....2,vd3, 281.50
Head Office:-HONG KONG No. 10, Des Voeux Road, Central. Board of Directors:
SIR SHOPSON CHоw, Chairman
Li Lan Sang, Esq.
Li Koon Chan; Esq.
P. K. Kwok, Esq., Wong Tan Tong, Esq. Chan Jhing Shuk, Esq.
Wong Cha Son, Esq.
Kan Ying Po, Esq. Fung Ring Wah Beg
KAN TONG Po, Esq., Chief Manager LI TA FONG, Esq., Manager
This Bank is satirely owned by Kabe
Так CHASE NATIONAL BANK NEW YORK, with Racarons of ovog 1.8.$2,900,000,000.
D. M. BIGGAR,
Second Fios Press
THE MERCANTILE BANK OF INDIA, LIMITED
Head Offco:-15, Gracechurch Street, London, ECS,
Authorized Capital
23,000,000
Branches and Agencies:-
Kowloon Penent Loudor Pangpop
Maniis
Melbourne Xagumka
Parda
Singapore
Bourbsys Bwazo
San Fran. Sydney
Beatti
Separing
Shangtid
Every description of Banking and Exchange business transacted. Loans granted on approved recurities. Currency and Fixed Deposits re- Current Accounts opened in Local
ceived for one year or shorter perioda in Local and Foreign Onr rencje on terms which will be quoted on application.
..SAFE DEPOSIT Box To LET.
KAN TONG PO,
Chief Manager.
4)
DELEI
MEDAN
HAIPHONG HAMBURG HANIOW
A33
Batavia
Bombay
Callout.ca
Haiphong
shao Tienti
Brakow
New York
CORYER
Honolg'a
Priping