Adams Express
Alleghany Steel Co.
300
Allis Chalmers
Oa, Singapore:-
Aluminium Ltd,
On demand
68 3/4.
Amer. Can
On Japani-
NEW YORK, Nov. 20, 1940.
On India:
and demand.
||
On demand 106
Telegraphic Transter.:
On New York:-
Bank Bills, on demand 23 1/4 Credlis, 60 days' sight 24 1/8 ·
On demand
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
SINGAPORE RUBBER
82 1/2
SPOT
JAN.-MARCH
APRIL-JUNE
Previous Nov, 20
Close Opening Closing buyers buyers 38-5/8 38-3/8 38-1/8 37 36-3/4 38-3/4 35-5,8 35-3/8 35-1/1
American Cyanamid B. Amer. & Foreign Power
Change
Amer & Foreign $7 pt.
Amer, Locomotive
of 1/2
Auger. Metals Co.
off 1/4
Amer. Radiator
OF 1/8
Amer. Rolling Mill
PAGE 10-HONGKONG. DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 21, 1940
Dn London:-
Telegraphic Transter, 1/9-7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:--
On demand
PAYNE & CO.
·COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
[REUTER'S SERVICE) NOVEMBER 21, 1940
FRIDAY, NOVEMBER 22, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised. Capital....... 250,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $90,000,000 | Incorporated by Royal Charter, 1800
Reserve Funds:
Paid-Up Capital £6,000,000 Reserva Fund
£3,000,000
£5,000,000
£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
prietors
Chair muri. Hon. Mr. J. J. Paterson,
Deputy Chairman.
39, Bishopsgate E.0.2. Sub-Agencies In London: 117/123, Leadenhall Street, EQ
West End Branch:
14/16, Cockspur Street, S.W 1 Manchester Branch:" 52, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES.
ALOE STAS AMRITSAR
HARBIN
PENANG KONA KONG RANGOON
Sterling
Last Sale:
STOCKS
Last Sale
Nov. 20
Nov, 20
Reserve Liability of
Proprietor
:$20,000,000.
61
Loew's Inc.
277
331
Loft Incorpersted
211
Head Office:-HONG KONG
36
Mack Truck Inc.
271
791
Martin, Glen L
32+
891
McKesson & Robbins, pt4. 25*
Board of Directors: H. V. Wilkinson, Esq.,
34
Montgomery Ward,
37
1
:
M'tain City Copper Co...
31
+++
154
National Aviation
11
154
Nat, Dairy Products
131
· 19*
National Distillers
221
J. K. Bousfeld, Esq., A. H. Compton, Esq,
Uon. Mr. 8. H. Dodwell,
71
| National Lead
in
151
Nat, Fower & Light
G. Miskin, Esq.,.
74
43 1/2
1
יו
On Batavia:-
On Paris:-
On Saigon:-
On demand
........ 101.
FEBRUARY
On Manila:-
| APRIL-JUNE
On demand
48 1/2
The market was idle.
On Bangkok:---
On demand
On Sterling Notes:-
Bank Buying Rate ...
Bar Sliver per oz.
149 1/2"
Nom. 23 14
LONDON
The market was easier. RUBBER
K. 8. Morrison," Esq.,
MANGKOK
(LOILO
BAIGON
ti
Amer. S'ting and Ring Co.
44
National Supply Corp.
7
Hon. Mr. T. E. Pearce,
BATAV LA
IPOR
BETLEMBAN
Previous close Today's close
Amer, Sugar ReДning
141
New York Central
141
C. C. Roberts, Esq.,
BOMBAY
KARACHI
BKANOBAL
buyers
buyers
Change
Amer. Tel. & Tel. '
1851
| Niagara Hudson Power
3
Hon. Mr. A. L Shield,
CALOUTTA
KLANG
SINGAPOR
SPOT
11-13/16
11-3/4
off 1/18
Amer. Tobacco "B"
701
N. American Aviatiön ......**
174
DECEMBER
JANUARY
11-18/10
11-7/8
off 1/18
Bir Vandeleur M. Graybura,
AGENCIES: БОВТ
SITIAWAN
Amer. Waterworks
77
North American Co.
171
Chief Manager. FAILLIE PLACE KUALA
GLAVE STAT
SOURABAYA
12-1/16
12
off 1/16
Anaconda Copper
261
Northern Pacific
12-1/16
12-1/16
unch.
12-1/16
12
off 1,16
Atchison; T. & 3, Fe. Aviation Corp.
J81
Owens-lincis Glass Co.
49
5
Pacific Gas & Elea
28
Amoj
Baldwin Lecometive
161
Packard Motors
31
Bangkok
was
Market Report
FROM ROZA BROS.
Thursday, Nov. 21. The price for Ready Silver rosa "1/18 yesterday to 23.1/4 but the Forward rate was unchanged at 23.1/4 Silver advices reported the market as being quiet and featureless. American Blive: quoted at 34.3/4 for Spot,
NEW YORK COTTON: Prices declined on the Secretary of Agricul- ture's. statement which indicates the unlikeliness of a higher loan. CHICAGO WHEAT: Prices declined in sympathy with stocks.
rallying power was feeble.
CHICAGO «CORN: A loan of 61 cents per bushel has been AD-
nounced today.
NEW YORK STOCKS: Previous close, 134.74: Today's close, 132.22)
Change, off 2,26.
NEW YORK COMMODITY MARKET
New York Cotton. Dec, The London/New York cross. New York Rubber, Dec.
New Chicago Wheat, Dec. rate was quoted at 402.1/2.
York/London was quoted at 403-Chicago Corn, Dec.
Budd M'facturing Corp.
Baltimore & Ohio
41
Pan-American Airways
181
Batavia
Branches: Johore Rangoon Kobe Saigon Kowloon San
CANTON CAWNPORE
LUMPUR
TALFING
KUCHING
·TIENTSIN
C3JU
MADRAS
TONGKAR
Barber Asphalt Co.
**
Paramount Pictures
91
Bombay
Kuala
Francisco
Barnsdall 0
91"
Pennsylvania R.R.
231+
Calcutta
Lumpur Shanghai
The
Bendix Aviation
321
Philadelphia Read, Coal
*
Canton
London
Bethlehem Steel
851
Phillips Petroleum
381
Chefoo
Lycus
Colombo
Bliss Co.
141
Public Service of NJ,
31
Malacca Sungei
Dairen
Manila
Boeing Airplane Co.
184
Pullman Inc...................
25
Foochow
Musr
Patani Swatow
Borg-Warner ........
212
Pure Oll
$
Briggs Mfg.
241
Radio Corpn. of Am.
.5
Bankow
511
Reading Company,
Com
131
Harbin
Canadian Pacific R'way ...
4
Remington Arms Co., Inc.
51*
Iloilo
Case,
62Republic Aviation-Corp
5
Ipoh
Celanese
28"
Republic Steel
22
(REUTER'S SERVICE).
Chrysler Corpn.
Figh
New York Hides, Dec.
643 * 63 " 12.80 12.65
3/4
MARKET
Steady.
STERLING
NEW YORK COTTON
Close
Opening
Dec (New contract)
.10.20/21
There were sellers at 1/2,31/32 January
{
}
10.14/14
10.22/22 10.12b
Prev. Today's
Close Close Change Low 10.22 10.01 10.20 10.05 .15 off 20.55 20.41 20.60 20.45.15 off 881 864 89 871 1 of
641 63) 12 08 12.85b 12.75 .10 of
Closing Change
10,05/07 ..15 off 9.98T
.16 of
Chesapeake & Ohio
Columbia Gas & Elec. Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison.... Consolidated on Continental Can
422
Revere Corp.
11),
781
Reynold Tobac. "B" ... 331
5
Safeway Stores
42
317
Schenley Distillers
11
1
Sears Roebuck
-751
238
Shell Union 04
10
61
Socony-Vacunum Of
91
38
Southern Pacific
B
Continental Off
201
Southern Rly $5 pfd.
211
Copperweid Steel
19
Spicer Manufacturing Co. 331
Curtiss Wright (C)
01+
Standard Brands ...
63
Curtiss Wright "A"
29†
Stand Gas & Elec
1초
Deere & Co. M
214
November/February,
buyers
at March
10.20/21
Standard Of of California" 198
- 10.22/21
"
10.05/07 15 off
Distillers Corpn. Seagrams
19
Standard Ou of N.J.
35+
1/3.1/32 for Casti
U.S. DOLLARS
"No business was reported. There
Cash,
at
May
Was
the May re-July
STERLING
July
were sellers at 23.5/8 for buyers at 23.11/16 for. Cash..
SHANGHAI DOLLARS Some business WAL done 398.1/2. The market closed at p.m; with sellers at 398.1/2, buy- ers at 399,
SHANGHAI MARKET Sterling at 3.3/4 and U. B.) Dollars at 5.29/32 both sellers for Snot.
AFTERNOON MARKET The market was steady in afternoon. No business
perted.
Total sales Tuesday-168,200 bales.
NEW YORK RUBBER
December January March
Total sales:-1,600, tons.
CHICAGO WHEAT
December
Tuesday's sales:-11,109,000, bushels.
There were sellers at 1/3 Cash/CHICAGO CORN
November and 1/2.31/32 Decem- December ber/ February, buyers at 1/3.1733 May
Cash and 1/3 December.
May July October { Spot
f
}
10.14/14
10.14/14
(
9.97/98
10.00/00
.. }
9.04/04
9.65/85
10.21 N
9.99/99
9.84 84
9.45/45 10.07m
.15 off
Douglas Aircraft
80
*.13 off
Stone & Webster
8.
Du Pont de Nemours
1594
Studebaker Com
81
.19 of
Eagle Ficher Lead
97
Swift International
18
.14 of
Eaton Mfg. Co.
33
Technicolor
91
Elec. Autolite
353
Texas Corpn.
381
Elec Bond & Share
41
Texes Gulf Sulphur
362
Elec. Bond & Share $5 pf.
57
Timken-Axle
28
20.80/60 20.45b 20.17/17 20.00/00
20.50b/558 20.35b 20.10b/19a
20.45/45/
.15
Elec Bond & Ghare $8 pt.
654
Trans-America Co.
5
-" 20.30
20.05/05 19.89/89
.15 off
Elec, Power & Light #7 pf.
32)
20th Cent. Fox
57
.12 off
Flintkot
181
Union Bag & Paper Corp.
121
.11. off
Gen. American Trans.
514
Union Carbide & Carbon
713
Gen. Electric
337
Union Pacific ·
81
Gen Motora
491
United Aircraft
454
Gen. Railway Signal
151
United Airlines Trans
174
Gen. Tire & Rudder
131
United Corpn.
IR
89/89
221/882
871/871
881/881 841/841
871/873
861/861
84/837
822/821
11 off
588
off
Glidden Co.
15#
United Corpn. $3 cum pf. 32)
Goodrich (B.F.)
141
United Gas Corpn.
11
Goodrich $5 PL
034
United Gas Improvement
101
Goodyear Tire & Co.
18
U.8., Industrual Alcohol.
221
Great Northern Iron Ore...
178
US. Rubber......
241
Great Northern Rly, pfd..
-27
U.S. Rubber $8. pfd
881
641/85
641/641
651/651
€41/64
051/65)
65/641
831/839 531/632 631/631
14.00 .2
Great Western Bugar
22
Interest Rates on Application.
U.S. Smelting
621*
off.
Greyhound Corpn.
11
U.8. Steel
681
SAFE DEPOSIT BOXES
Singapore Sourabaya
Haipbong (Johore) Tientsin
Murden Tokya
New York Tongtao Peiping Yokohama
Penang
NEW TOBE PEIPINO
(Peking)
(Bhuket) MINGTAE
TOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local ös Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS sisò opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRENOx and Fixed Deposits on application. received for one year or shörter] 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
quoted on application.
ALSO up to date Bar DEPOSIT BUSES in various sizes To Lar Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Bules may be obtain- sd on application.
For the HONGKONG & SHANGHAI Banking CorpORATION,
V. M. GRAYBURN;
Chief Manager, Hong Kong, 25th Feb., 1930.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK An American Bank offering com plete Foreign Banking Servic in the principal Markets of th world.
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......... 5,588,800.00 Reserve and Undivided
Profits
*.*........2,503,201.30
Head Office:-HONG KONG No. 40 Des Voeux Road, Central,
Board of Directori:
SIR SECTRON CHow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. F. K. Kwok, Esq. Wong Che Son, Baq. Wong fan Tong, Esq. Kan Ying Po, Bag Chan Ching Shot, Esq, Fang Ping Wall Boq KIN TONG PO, Esq., Chief Manager Li Tam Fong, Esq., Manager
Batavia
Bosbay Chica
Branches and Agencies:--
Penang Singapore Loudon Bangoon Bourabaya
Bwatow BaFran- Bydory
Malboerne
olava Kaustin
14
COLOMBO
MANILA
DELHI
MEDAN
HAIPHONG
HAMBURG HANTOW
Haiphong
Kagranka
1 of
Hercules Powder Co.
724
Vanadium
341
Hankow
New York
Banitie
Bewaring
U. S. DOLLARS
Homestake. Mining.
51
Vultee Aircraft
Bellers at 23.3/8 Cash,
buyers
at 23.3/4 Cash,
SHANGHAI DOLLARN
NEW YORK HIDES
December March
Int Nicker
281
Walworth Co.
53
12.85b
12.80/80-
12.33b/65a 12,45/43
12.75/75 12.41/41
.10. off
Inter. Paper & Power
181
Warner Bros. Pict.
24
Int. Tel. & TeL:
2
.22 off
Westinghouse Elec.
1041
This Bank is entirely owned by Kate TRE CHAM (National" Ba51. NEW YORK, with Resources of or U.S.$2,900,000,000,
Palplug
Kennecott Copper
351
Woodward Iron Cor.
-308
198.1/2. sellers,
SHANGHAI MARKET
Total sales for the day:-229 contracts. N.Y. Official Sliver 34-3/4
34-3/4
Lakey Foundry & Mac..... Libbey-Owens-Ford Glass
.4.
447
Chase National; Bank National City Bank:
· 321*
201
US. sellers
NY-London Cross Rate 4.03-3/4
4.03-3/4
Lockheed Aircraft.........
291
Sterling at 3.3/4 and Dollars at 5.29/32 both
to. Spac
Shanghai Exchange
Shanghai, Nov. 21 (Reuter).
Official T.T. Rates
London
ו ין,
New York
Japan
India Hongkong
Opening 0/3-11/16 5-3/4
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Nov. 20
"The following quotations are the middle prices at the close of the
Tientaln-Pukow Bly. 5% (Brit. Stpd. Supi Loan) Tientsin-Pukow Rly. 5%
(Ger. Btpd. Supl. Loan),8
market in London. All quotations Jap. 3% Ster. Loan, 1924 · 28 · are subject to confirmation and no Ger, 7% Intl. Loan, 1924 6 responsibility li assumed for errors | Chartered Bank
24-3/8
20-3/8 N
in transmission.
24-1/2
Sterling...
.Sellers
Opening Closing" Spot 0/3-3/4 ·0/3-374 0/3-3/4 0/3-3/4 0/3-47/64 073-3/4 U.S. Dollars
35-29/32 $5-29/32 "5-29/32 -5-29/32 5-7/8 5-29/32
Nov.
Dec.
Spot
Nov.
Dec.
Farket:Very quiet
Silver Duty Rate
The Central Bank of China's; rate on London at 10 am. today was 1/2-1/2a,
The Equalisation rate was 23 per cent.
India Rupee Paper
Bombay, Nov, 20 (Reuter). Govt. 34 Rupee, 92-06-0,
Calcutta CORNER CE:
Calcutta, Nov 20 (Reuter), Ton Japan. 81-1/4
War Loan, 31% (Red;
after 1952)
1011 Canton-Kloon Rly. 5%. 8- Chinese 41% Gold Loan
1898 (Brit. Itate) Chinese 5% Gold Bonds.
1925-47.......
Chin. 41% Anglo-French
Loan, 1998
| Chinese, 5%- Crimp Loan
1912.... Chinese 5% Reorg, Loun,
1913 (Lan. I.) Chinese 8% Bter, Notes,
1925 Vickers)
Chin. Imperial Riy, 5%
Loan mena Honan Rly, 5%
| Hukuang Rly 5%, 1911.......
(LP. N/Y Isme) Hukuang Rly 5%, 1911
German-fase). Lung Taing & U Hal
Rly-5% 191199. A'hai-N'King' Rly, 5% *** Tientsin-Pukov Riy, 8%
(Brit. Stpd.) Tlentsin-Pukow Rly. 3%
[(German_8tpd)
1940
DOW JONES AVERAGE
High Law Dow Jones Averages 152,80 111.84 Industrials
3367.92.15 20 Rails
Nov. 21:1840.
Nov. 19, High Low Close
134.48
Change
137.08 131.79.139.24 · 2,18-off
29.44 29.30 28.18
D. M. BIGGAR,
·Becond" Vice" "Proie
Ajob?
NEX
Utilities
28.45 1903 909) 83.00 140 Ponds
84.07 48.47 11 Commodity Index.
9.69
20 89
90.62.
57.29
61 of
| 20.79 | 20.38 20, 2 .47 off
50.47 .15 off 5.39.9). öfl
Business Done:-810,000 shares.
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTDİ
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, THINGTAU, CHEPOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE - PENANG and · CALCUTTA
2
H.K. & Shai Bank. (Ldi
Reg.) HK & Bhai Bank (Col...
Peg) Chinese Eng. & Mining
(bearer)
65+
147-
Chosen Corporation
4/-
Pékin Syndicate"
2/-
B'hal Elec. Constr. Co
15/-
S'haf Waterworks. “4”
Union Insurance
20
TO-
Guia, Kalumpong Rubber15/7}
B.-A. Tob, (bearer) ......
88/3
Mercantile Bank
104
Dunlop Rubber ...
92/41
Bristol Aeroplane
10/11
Imperial Chemical Ind. 28/44
United Steel
21
Woolworths.
67/10)
Marzman Investments
7/6
Western Holdings
8/6
Bub-Nigel A
171/3
Bhell Trans & Trad
35.
Nat Defence Bonds, 3% 1011 Condon-Midlands-Scot-
tish, 3%
144
341
27
-et diy,
TELEPHO
Great Western Rail-
WET. 3%
Nat Bank of India, Ig
-bid.
"SANDAKAN
HAIPHONGTM
All steamers berth alongside
the Roosevelt Terminal in the French Concession at Shanghai, where passengers. and cargo are landed.
For further particular
please appi
JARDINE MATHESON& Co.
KOSILO GENERALMANAGERS
Shanghai
Every description of Banking-and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita-re- ceived for one year for shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE LEPOSIT Boxes To LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL, $40,000,000.00 "(BRANCHES ALL OVER CHINA) Oving to our numerous Brenehm in China and connections in the principal Commercial "Centres of the World, we are" able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:--SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. mp South China Officces
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW"
We also handle the issue of Bonda and other Public Funds of the Chinem Government both at Home and Abroad.
SHOU J. CHEN