Adams Express
Alleghany Steel Co. Allis Chalmers.
Aluminium Ltd.
Amer. Can m
"Previous
Nov. 23 Close Opening Closing
American Cyanamid B.
Amer. & Foreign Power
Change
buyers buyers
38-5/8
38-3/8
38-3/8
of 1/4
Amer amer, Locomotive
& Foreign $T pl
Amer. 'Metals Co. .....
37-3/8
37-1/8
37-1/2
up 1/8
amer, Radištur
36 cts. 35-3/4
38 cts.
unch.
Amer, Rolling Mi
The market was very steady.
LONDON RUBBER
Amez, 'ting and Ring Co. 44.
buyers
Previous close Today's close
buyers
Amer, Sugar Refining
Change
Amer. Tel & Tel.
43 1/2
S POT
11-11/16
Amer. Tobacco "B"
DECEMBER
11-13/16.
Market closed
Amer. Waterworks
| JANUARY"
12
Anaconda Copper
FEBRUARY
APRIL-JUNE
12-1/16 12
Atchison, T. & 8 Ft.
Aviation Corp. ....
On Manila:-
On demand
46 1/2
On Bangkok:-
On demand ........
149 1/2
Un Sterling Notes:-
Bank Buying Rate
Nom.
Ber Silver per.os.
93.3 16
STERLING
March
(
U. S. DOLLARS
May July
{
Market Repor
FROM ROZA BROS,
Silver prices were unchanged yesterday, the quotations remain- ing. at 23.3/18 for both deliveries. Silver advices were not received. American Silver was quoted at 34.34 for Spot,
NEW YORK COTTON: The market today was quiet and steady.
There is apparently a good trade demand st prices.
NEW YORK RUBBER: There was some small factory and trade buying. Shipments were firm. The market responds easily to any purchases,
-NEW-YORK-HIDES: There was some profit-taking today...and tan-
mers' needs are apparently satisfied for the moment.
NEW YORK STOCKS: Previous close. 131.74; Today's close. 131.47;
Change, off 27,
NEW YORK COMMODITY MARKET
The London-New York cross-New York Cotton. Dec. rate was quoted at 403.1/2. New New York Rubber, Dec. York-London was quoted at 403-
314.
Steady
MARKET
No, business. was reported. There were sellers at 1/3 Nov.-Dec..
buyers at 13.1/32 Cash.
Chicago Wheat, "Dec.
Baldwin Lecometive.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 23, 1940
On London:-
Telegraphic Transfer. 1/2 7/ Bank Bills, on demand 1/8 7/2 Credits 4 months' sight
On Shanghali-
'On demand
On Singapore—
On demand
On Japan:-
"On demand
Os India:-
A
Telegraphic Transfer.
and demand.
On New York:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE
BUILDING
HONGKONG
MARKET REVIEW •
(FROM PAYNE & CO.)
COMMODITY
385
59 3/4
NEW YORK, Nov. 23, 1940.
SINGAPORE RUBBER
104
SPOT
82 1/2 JAN-MARCH
APRIL-JUNE
די
Bank Bills, on demand 23 1/4 Credits, 50 days' sight 24 1/8
On Batavia:-
On demand
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
On Saigon:-
On demand ............ 101
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION (REUTER'S SERVICE) NOVEMBER 24, 1940
Last Sale
MONDAY, NOVEMBER 25, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital. $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid, Up $80,000,000 Incorporated by Royal Cherier, 1850
Reserve Fandi :
Paid-Up Capital £6,500,000 Reserve Fund
Sterling
****........£3,000,000 20,000,000.
..£3,000,000
B.K. Currency Reserve 15,000,000 Reserve Liability of Pro Reserve Liability of
Proprietors
$90,000,000
Head Office-EONG KONG
Board of Directors: H. V. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
prietors
HRAD OFFICE: LONDON:
38, Bishopsgata E.0.9. Sop-Areneles In London: 117/19, Leadenhall Strock, E.C
West End Branch: 14/18, Cockspur Street, B. W 1 Manchester Branch: 52, Mosley Street, Manchester, a
AGENCIES AND BRANCHES· ·
HABBIN
PINANG HONG KONG RANGOON
ALOE STAR AMRITSAR BANGKOK
Chief Manager. PATRIK PA KUALA
STOCKS
Nov. 23
Last Sale Nov. 23
61 Loew's Inc.
28
123}
Loft Incorperated
204
35
Mack Truck Inc..
281
80*
Martin, Glen E.
..................
33
861
McKesson & Robbins, píd.
253
341
Montgomery Ward
37
1
Mtain City Copper Co.
4.
151*
National "Aviation
118"
18*
Net. Dairy Products"
134
19
National Distillers
22#
J. K. Bousfield, Esq., A. H. Compton, Esq.,
7
National Lead
19
Hon. Mr. S. H. Dodwell,
157
G. Miskin, Esq.,
Nat, Power & Light
71
K. 8. Morrison, Esq.,
National Supply Corp.
7*
Hon. Mr. T., E. Pearce,
BATAVIA
ILOILO SPON
BALCON
SIERMBAN
143
New York Cential .....
144
C. C. Roberts, Esq.,
1671
Niagara Hudson Power
3
Hon. Mr. A. L. Shields,
BOMBAY CALOUTTA
КАРАСЕІ
SHANGHAI
KLING
SINGAPOR
701
N. American Aviation ......
171
71
Sir Vaudeleur M. Graybarn,
AGINGLIS
KỌM
BITIAWAN
North American Co.
171
CLIVE BYKRET
SQUEABAYA
271
Northern Pacific
67
184
Owens-Illinois Gisas Cò.
48
Branches:
51
Pacific Gas & Elec
27+
Amoy
162
Jobore -Rangoon
Packard Motors
31.
under
market
Baltimore & Ohlo
4
Bangkok Kobo
Saigon
Pan-American AirwaysS
163
Bateria Kowloon San
Barber Asphalt Co.
91
Paramount Pictures
91
Bombay Kuala
Barnsdall Ou
91
Pennsylvania RR.
231
Calcutta Lumpur Shanghai
Bendix Aviation
33+
Philadelphia Read, Coal
1*
Canton
London Singapore"
Bethlehem Steel
851
Phillips Petroleum
391
Chefoo
Lyons
1
Blis & Co.
15*
Colombu
Malacca
Public Service of NJ.
30元:
Dairea
-Manila
Boeing Airplane Co. ***.***
-181
Pullman Inc..
25%
Foochow
Maar
Swatow
Borg-Warner'.............
་ ་
22
Pure Ou
81
Briggs Mfg....
241
Radio Corpn. of Am,
5
Bankow
Makden
Tokyo
Budd M'facturing Corp.
5+
Reading Company,
Com
137
Harbin
Canadian Padile R'way
4
Remington Arms Co... Inc.
61*
tloilo
Case, J.I.
61*
·Republic Aviation Corp.
44
Ipoh
Perang
Celanese
28
Republic Steel
22A
Chesapeake & Ohio.
411
Revere Corp.
11*
(REUTER'S SERVICE)
Chrysler Corpn.
78
Reynold Tobac, “B”
331
Bigh
10.21 10:11
Low
Prev. Today's
Close Close Change 10.15 10.17 20 up 20.57b 20.82b .05 up
Columbia Gag & Elec.
5
Safeway Stores
424*
Commercial Credit Co.;
321
Schenley Distillers
11
Com, & Southern (Ord.)
1
Sears Roebuck
752
"
Chicago Corn, Dec. New York Hides, Dec. NEW YORK COTTON Close Dec. (New contract). 10.15/15.. January
88+ 871. 63 621 12.54 13.43 Opening
87# 63+
up
10.22/21
428 12,80b 12.68b .12 otr Closing 10.17/18
off
Consolidated Edison Consolidated 01 Continental Can Continental Oil Copperweld Steel
233
Shell Union Oll
10
Socony-Vacunum Oll
94
374
Scuthern Pacific
83
BOXER in various sizes To L Hong Kong, 28th February, 1940.
Francisco HAMBURG
Sourabaya t Sungei
Haiphong Johore) Tientsis
New York Tsingtao
Peiping Yokohama
HANKOW
MEDAN
NEW YORK PEIFING"
(Teking)
TAIPING TIKNIBIN TONG KAN
(Bhuket) TAINITAS TOKOHAMA
FORMIGN EXCHANGE and General Banking Business transacted.
OUREINT ACCOUNTS opened and FILED DEPOSITS received for Ene Year or aborter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with
CURRENT ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRINGT and FLIRE DEPOSITS on application. received for one year or shorter The Bank's Head Office in London periods in Local and other Our undertakes Executor and Trustee rancios on terms which will be business, and claims recovery of quoted on application."
British Income Tax. overpaid, on
Also up to date Sare DEPOSIT terms which may be ascertained at
[any of the Agencies and Branches.
R. A. CAMIDGE;
CANTON
LUMPUR
CLAWNPÓRI
KUCHING
CIMBE
MADRAS
COLOMBO
MANILA
DELHI
HAIPHONG
201
Southern Rly $5 pfd.......
22
Manager:
194
Change
Spicer Manufacturing Co. 332
Curtiss-Wright (C.)
91
10:09 N
unquated 10.09
02- up
unch.
Standard Brands
61-
Curtiss Wright “A”
278"
HONGKONG SAVINGS
BANK
Stand Gas & Elec.
12*
Deere & Co.
211
Standard Ofl of California 191
10.17/18
10.19/19
10.17/18
⚫ unch.
Distillers Córph. Beagrams
10.10/10
10.15/14 10.14/14
04 up
Douglas Aircraft
>
0.97/98
10:02/01
9.99/99
.02 up
Opened with sellers at 23.11/16 October resulting in a transaction at 23-Spot 13/18 for Cash. The market
Du Pont de Nemours
9.59/59
9.80/59
9.59/59
unch.
Eagle Picher Lead dis
10.15 N
10.18n
.03 up
Eaton Mrs. Co
Total sales Friday:-124,700 bales,
closed with sellers at 23.3./4 for NEW YORK RUBBER Cash, buyers at 23.13/18 for Cash.
Elec, Autolite...
Elec. Bond & Share ......
December
20.57b/58% 20.606/85a
"SHANGHAI, DOLLARS
January
20.42b
Sellers were quoted at the open-March
20,226
ing at 897. Later business, was May
20.05/05
20.62b/65a unquoted 20.47n 20.25b/35a 20.30/30 20.06b/15a 20.10b/138 .05 up
.05 up 05 up .08 1212
Elec. Band & Share $5 pi." 56" Elec Bond & Share $8 pi. 65
Elec. Power & Light 37 pf.
Fintkote
ranged at various · rates? - The K Total sales:-570 tons.
Gen, American Trans
Gen. Electric
1/2 buyers at 398.1/4.
SHANGHAI. MARKET
December
May
July
CHICAGO CORN December
May July
874/875
IL
871/87
·831/831.
831 831
878/87+ 881/881 871/881 871/871 83/831
I up +up
Gen. Motors
Gen Railway Signal
"up
Gen. Tire & Rubber
Glidden Co.
Goodrich (BJ)
63+/631 7631/631
631/638
621/63
831/63+ 63783
622/628 622/621 63/627
off
Goodrich #5 · pt.
Goodyear Tire & Co.
off
off
Great Northern Iron Ore ..
Great Northern Rly, pfd.
Great Western Bugar..........
12.805
12.75b/85a 21.68b
Greyhound Corpn.
.08 off
Hercules - Powder: Do
Homestake Mining
Int. Nickel
Inter. Paper & Foyer
"
Int, Tel. Tel
Kentecott Copper.
London
market closed with sellers at 395- CHICAGO WHEAT
Sterling opened with sellers at 3.49/64 rose to 3.51/64 and at the close sellers were quoted at 3.25/32 for Spot. U.S. Dollars opened with sel lers for Spot. at 5.15/18. Later the
Subsequently, the rate, Friday's sales:-13,759,000 bushels.
rate rose to 6.1/32 and at the close sellers were quoted at 8 for Spot:
Shanghai Exchange
Shanghai. Nov, 23 (Reuter
Official T.T. Bates,
Opening
New York
Japan
India
Hongkong
Spot Nov.
Dec.
Spot
Now,
Dec.
0/3-11/16
5-3/4
24-3/8
· 20-3/8 N 24-1/2
Sterling ""
Sellers
Opening Closing.
0/8-49/640/3-26/32 0/3-49/64 0/3-25/32 03-49/64 0/3-49/64 ULS. Dollars
$5-15/16 $6
5-15/16
6 5-15/18 в
Market:-Quiet.
Silver Duty Bate
The Central Bank of China's rate on London at "10" a.m. today! wes-1/2-1/2.
NEW YORK HIDES December March
12,58b/60a 12.54/50
Total sales for the day:-39 lots. N.Y. Official Silver 34-3/4 NY-London Cross Rate 4.03-3/4.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
3་,
London, Nov. 22. The following quofstions are the middle prices at the close of the market la London. All quotations are subject to confirmation and no responsibility is assumed for errors in trangnisalon.
The Equalisation rate was 221 Chin. 44% Anglo-French.
per cent.
Calcutta Exchange
Calcutta, Nov. 23 (Router). T., on Japan: 81-1/4,
Loan, 1908. Chinese 5% Dedon Lan
1912
Chinese 1% Rearg, Losn.
1913 (Lan. Is) Chinese 8% Bier Notes,
1925 (Vickera) Chin. Imperial Bly 5%
Loanti Honan Rly 5% Hukuang Rly 5%, 1911... (LP. N/Y Issue)...
12.486/500 off
unquoted.
4.03-3/4
LONDON METALS
EXCHANGE
London, Nov. 22 (Reuter). Tin, Standard, Cash, Middle Price, £258-3/8.
Tin, Standard, 3 months, Middle Price, £280-1/8.
Market steady but featureless.
| Mercantile iank
Laker Foundry & Mas. .... Libbey-Owens-Ford - Glass 481 Lockheed Aircraft
*.39-40
31
DOW JONES AVERAGE
Nov. 24, 1940.
High Low Dow Jones Averages Nor. tt, High Low Close Change
:158,80 111.84 - 30 / Industrial
131.7
NETV
28.67 29,15 20 Raile
20.45 18.03 20 Utilities
90,00 82.06 40 Bonds
64.07 48.47, 11 Commodity Inder
131.80 131.20 131.47.27 off 29.37:0 29.40-21.30 29.38 2041 90.35
66.7%
01-up ,01 20.47 20135.20.15
80.34 .01. off, 58,78,04 up
Business Done 210,000 shares
For the HoxoxoxG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb. 1939.
15, QUEEN'S EOAD, CENTRAI
HEAD OFFICE:
18, PINI STEKET, ·
NEW YORK
An American Bank offering com plete Foreign Banking Bervice in the principal Marketa of the world Interest Rates on Application.
THE CHASE - NATIONAL
· Naw - Yons, with Rescorm af orke U.S.$2,000,000,000... -
D. M. BIGGAR,
Second Vice Pre
A job?
WANT ADS
VNIHD-OUNI
STRAM NAVIGATION COMPANY EN
Operating Services for Cargo and Passengers
War Loan. 31% (Red,
after 1952) Canton-Kioon Rly 5% 8. Chinese 41% Gold Loan
1898 (Brit. ped Chinése 5% Gold Bonds.
1925-47
101
Jan. 6% Ster, Loan, 1924 28 Ger, 7% Intl Loan, 1924 6 |Chartered Bank
71
HK. & Shal Bank (Ldo
Reg.)
32
HK. & S'hai Bank (Cal
Peg)
35
Chinese Eng. & Mining
(beater)...
14/-
Chosen Corporation
47-
Pekin Syndicate
2}-
S'hai Elec. Constr. Co...
IS/-
S'hal Waterworks "A" 137 Union Insurance
20
TO
Gula Kalumpong Rubber 15/71 B.-A. Tob. (bearer) ....... 86/104
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
... 10
Dunlop Rubber
Bristol Aeroplane
31/6 10
11
United Steel .....
21
Ready
61-11
Nov. 26 Bettioment
Hukuang Rly.5%. 1911
(German) ItsTIE).
Woolworths.
57/0
All steamers berth alongside
Marman Investments
7/8
Dec. 27 Settlement
81,11
tung Trung & D Hel
Western Holdingå
8/0
41-11
Rly, 5% 1813 ....
Sub-Nigel
170
and cargo are lauded.
| Whai-N'King. Rl7. 5%
Ghell Trans. & Trad
Ibearer
35/7
For further particulars
Nat Defence Bonds, 3% 1011 London-Midlands-Boat
tish, 3%
141
WET. 3%
Nat Bank of India, 1%
bid.
SILVER MARKET
BOMBAY SILVER Bombay, Nov. 23 (Reuter).
Indian Mint Süver'
Imperial Chemical Ind« 28/3
Jan. 22 Settlement
| Tien tain-Pukow Rly, 5%
BROKERS LOANS Brit, Std.)
New York Nova (Reuter), Loans on securities to brokers in New York
Tientsin-Pykow Rly. 5%
(German Stpd.). Tientsin-Puków Rły, 8%
wk-ended Wk-ended Wk-ended (Brit, Stpd., Supl. Loan) B
16/11/39 14/11740 -12V/11/40 : - Tientsin-Pukow" Rly.@5% $463,000,000 $320,000,000 $314,000,000 (Ger.Stpd." Bupl Loan)
Great Western Rail-
KOHE, and OSAKA
SINGAPORE, PENANG and CALCUTTA SANDAKAN S
HAIPHONG
the Roosevelt Terminal în
the French Concession at
Shanghai, where passengers.
-- BANK OF EAST ASIA,
LIMITED
Paid-Up Capital ....... Authcried Capital $10,000,000,00 Reserve and Undivided
Porits
2,983,26150
Head Office:-HONG KONG No. 10 Des Voeux Road, Contral
Board of Directori: » SIR SHOWSON CHOW, Chairman
Li Hoon Chun, Esq. :: Li Lan Buag, Bag. P. E. Ivor. Ea Horison Wong Yun Tong, Esq. Fung Ping Wan Esg. Chan Ching Shak, Eaq, az KAN TONG PC, Esq., Chief Manager LI TAI Foxo, Esq., Manager
Branches and Agencier!--
London Manile
Penang
Bango
Bedro
Melbourne-Bas Fran- -Sydney Nagsinks
sisoo Techin
New Tork Startin
Parir
Peiptast
Every description of Banking and Exchange business transacted. Loans granted or approved securities.
Current Accounts opened in Loos! Currency and Fixed Deposits re ceived for one year or shorter periods in Loga! and Foreign Cur rencies on - termon which will be quoted on application.
SAFE DEPOSIT Boxes To Lar..
KAN TONO PO
Chief Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $10,000,000,00 (BHANCHES ALL OVKE. GEINA). Owing to our numerous Braneber in Chins and connections in the principal Commercial Centros "of- the World, we are able to extend to our Clients spécial facilities for Domestic and Foreign Banking and Exchange,
t
Head Office-SHANGHAI Hong Kong Branch:
-3, QUEEN'S ROAD, 0.
South China Offoraž CANTON
KONGMOOM BWATOW JA TOISHAKEA SHIUCHOW KINGOHOW
We also handle the sade of Bonds and other Pablo Funds of the Chinees Government both at Boine and "Abroad,
KHOUDT CHEN
19
The Business of the above Bank
Standard Ou of NJ.
34
Stone & Webster
81
1561
Studebaker Com,
81
11.
Swift International
18
is conducted by the HONGKONG & SHANGHAI BANKING COB. PORATION. Rules may be obtain- ad on application.
34
Technicolor
94.
351
Texas Corpn.
38
48
Texas Gulf Sulphur
364
Timken-Axle
284
Frans-América Co.
5
337
20th Cent. Fox.
51
162
Union Bag & Paper Corp. 13
52
Union Carbide & Carbon 71
331
THE CHASE BANK
Union Pacifc
814.
501
United Aircraft
15*
Unlied Airlines Trans
451 172
14*
United Corpn.
11
151
United Corpn. 13 cum pt 321
147
United Gas Corpn.
1*
63.
United Gus Improvement 101
18}*
U.S.. Industrual Alcohol.
171
ÜS, Rubber
22)* 241
284
US, Rubber. $8' pfd.
89%.
Com
Bateria
22
U.S. Smelting
620*
Boalny Onlocitin
111
U.S. Steel
887
SAFE DEPOSIT BOXES
70%
Halphony HARKET
Vanadium
351
Bonoisin
602
Vultee Aircraft
8
261
Walworth Co.
51
This Bank is entirely owned by
BANK
Robe
Bemarang Shangha
171
2
35-4
**
Warner Bros. Pick. Westinghouse Elec. Woodward Iron Our. Chase National Bank [National City Bank
3
1041
312