Adama Expresa
Alleghany Steel Co.
COMMODITY MARKET REVIEW
Allis Chalmers .......
... 388"
Aluminium Ltd, "Amer. Can...
NEW YORK, Nov. 23, 1940,
.52 3/4
American Cyanamid B.....
Amer. & Foreign Power...
SINGAPORE RUBBER
104
AmerForeign $7 pt.....
Amer. Locomotive
SPOT
38-5/8
38-3/8
82 1/2
JAN-MARCH
37-3/8
37-1/8
APRIL-JUNE
38 cts.
38-3/8 37-1/2 35-3/4 38 cts.
off 1/4
Amer. Metals Co.
up 1/8
Amer, Radiator.
unch.
Amer. Rolling Mill
The market was very steady. LONDON RUBBER
Amer. Sting and Ring Co.
Previous close Today's close
Amer, Sugar Refining
On Batavia
.
buyers
buyers
Change
Amer. Tel, & Tel.
On demand.............. On Paris:
43 3/4
SPOT
11-11/10
Amer. Tobacco "B"*
APRIL-JUNE.
On Manila:
On Bangkok-
On demand ......
149 1/2
On Sterling Note:-
Bank Buying Rate...
Now..
Bar Sliver per os.....
93 1/8
Change, on 27
Bank Bulls, an demand Nom.
Credits 4 months' sight Nom.
On Baigon:-
On demand... 101 1/2
On demand. 43 3/4
Market Repor
* FROM ROZA BROS.
Monday, Nov. 25. Silver prices were unchanged
over the week-end, the quotations
DECEMBER
JANUARY
FEBRUARY
NEW YORK COTTON: The market today was quiet and steady.
There is apparently a good trade demand at under prices.
small factory and trade The market responds easily to
NEW YORK RUBBER: There was some
buying. Shipments were firm. any purchases.
NEW YORK HIDES: There was some profit-taking today and tan-
ners needs are apparently satisfied for the moment. NEW YORK STOCKS; Previous close, 131.74; Today's close. 131.47:
NEW YORK COMMODITY MARKET
11-13/16 Market closed 12
Amer, Waterworks
Anaconda Copper
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
NOVEMBER 25, 1940
On London:—
Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/8 7/8 Credits 4 months" sight On Shanghal
On demand'
On Singapore:-
On demand
On Japan:...
On demand
On India:-
and demand
8 8 8 8 8 8 8
Telegraphic Transfer.
On New York:
Bank Bills, on demand 23 3/8 Credits, 60 days', sight 84 1/4
PAYNE & CO.
COMMODITY BROKERS. STOCK EXCHANGE BUILDING
HONGKONG-
(FROM PAYNE & CO.) ";
Close Opening Closing Change buyers buyers
Previous
Nov. 23
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 24, 1940,
TUESDAY, NOVEMBER 26, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... 650,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1889
Reserve Funds: Sterling
£8,500,000 Reserve Fund
Paid-Up Capital £3,000,000 B.K. Currency Reserve $10,000,000 Reserve Liability of Fr Reserve Liability of
prietors... Proprietors
..$20,000,000
....£3,000,000
,000,000
HEAD OFFICE: LONDON:
Chairman.
Hon. Mr. J. J." Paterson,
·Deputy Chairman,
J. K. Bonafield, Esq., A. H. Compton, Esq., Hon. Mr S. H. Dodwell,
Aliskin, Esq.,
35, Bishopsgate E.C.S... Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, S.W1.3
Manchester Branch:" 62, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES ·
HANDIN TOHA LONG LANGDON
AZOR STAR AMRITSAR
BANGKOK
BATAVIA
BOYBAY
ILOILO IFOR
DALOUTTA
KARACHI ELANG
BAIGON SEKIMBAN BHANGHAI
AGENCIES: KOMM
· SINGAPORE SITIAWAN
CLATE STEAK.
Chief Manager. FAIR PLACE VALA SOURAMIA
Last. Sála
STOCKS
Last Sale
Nov. 23
NOY. 23
时
Loew's Inc.
28
231
Loft Incorperated
201
Head Office:-HONG KONG
351
Mack Truck Inc.
281
80*
Martin, Glen L
33
861
McKesson & Robbins, p. 253.
Board of Irectors: H. V. Wilkinson, Esq.,
341
Montgomery Ward
"37
1
Mtain City Copper Co.
4
151*
National Aviation
118
...
16*
Nat, Dairy Producta
13
19
National Distillers
221
73.
National Lead
18
PENANG
152
Nat, Power & Light
7&
E. S. Morrison, Est,
441
National Supply Corp.
7.
Hon. Mr. T. E. Pearce,.
144
New York Cential
14+
C. C. Roberta, Esq.,
1671
Niagara Hudson Power
38
70+
N. American Aviation
171
77
North American Co.
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
178
27
Northern Pacific
61
CANTON
12-1/16 12
„Atchison, T.»& 8, Fe.
181
Owens-Ilzols Glass Co..
+8
Branches:
CAWN PORS›
LUMPUR KUCHING
TALFING
TIENTBIN
Aviation Corp.
31.
Pacific Gas & Mec
271
Cau
MADRAS
Baldwin Lecometive
162
Amoy
Packard Motors
.31
Bangkok
Jobore Kobe
Rangoon
COLOMBO
MANILA
TONGKAR
(Bhutes)
market
Baltimore & Ohio
4.
Pan-American Airways...
101
Batavia
Kowlonu
→ Saigon
San
Barber Asphalt Co.
·គភ
Paramount Pictures
94
Bombay
Kuala
**
Barnsdall O
93
Pennsylvania R.R.
234
Bendix »Aviation
33.
Philadelphia Read, Coal
Canton
Londoa Singapore
Bethlehem Steel
857
Chefoo
Phillips Petroleum
391
Lyons
Bliss Co.
15
Colombo
Kalacca
Public Service of NJ;
301
Sourabaya Sungei
Boeing Airplane Co.
187
Dairen
Manila
Pullman Inc...............
251
Foochow
Muar
Svato
·Borg-Warner ......
22
|Pure Oll
Briggs Miz."
241
Radio Corp. of Am..
5
Bankow
Mukden
Budd M'facturing Corp.
54
Reading Company, .Com
131
Harbin
Canadian Pacific R'way..
4
Remington Arms Co., Inc.,
51*
Iloilo
Case. ...
B1*
Republic Aviation Corp.
47
Ipoh
Celanese
28
بليت بجد
Republic Steel
22"
Chesapeake & Ohio
417
Revere Corp. s..
111*
remaining at 233/16
Ready and Forward.
for both American
(REUTER'S SERVICE),
Chrysler Corpn.
.78
Reynold Tobac. "B"
331
Bilver was quoted.
The London-New York cross-New York Cotton, Dec. rate was quoted at 402.1/2. New New York. Rubber, Dec. York-London was quoted at 403.CHIcago Wheat, Dec.
3/4,
High Low 10,21 10.11
MARKET
Steady.
STERLING
Noon there were sellers of Sterling CHICAGO CORN for Spot at 3.49/64 and U. B. December
Dollars at 5.31/33.
May
AFTERNOON MARKET
July
A transaction was reported at 1/3 for Cash and also 1/3 Jan March uary. There were sellers at 1/3 May November/January, buyers at 1/3-July 1/32 Cash.
U. 8. DOLLARS Some business was arranged at 23.13/16 for the end of January. At 1 p.m. there were sellers at 23.3/4, buyers at 23.13/16 for Cash. SHANGHAI DOLLARS Business was arranged at 997. 397.1/2 and 397.9/4. The market closed at i p.m. with sellers at 397.3/4. buyers at 398 for Cash.
Total sales Friday:-124,700 bales. NEW YORK RUBBER December January March May
SHANGHAI MARKET
May Opened with sellers for Spot at 3.25/32 and U. 8. Dollars at 6 July
sellers for Spot,. At the close at
Friday's sales:-13,759,000 bushels.
Chicago Corn, Dec. New York Hides, Dec. NEW YORK. COTTON Dec. (New contract) January
884 87+ 83 621 12.54 13.43
Prey. Today's
Close Close. Change 10.15 10.17 .20 up 20.57b 20.62 .05 up
973 881
up 831 621 4 off 12.306 12.68b 12 off
Columbia Gas & Elec, Commercial Credit Co. Com. & Southern- (Ord.) Consolidated Edison Consolidated b Continental Can Continental Oil Copperweld. Steel
5
Safeway Stores
42)*
321*
Schenley Distillers
-11
1.
Sears Roebuck
751.
234
Shell Union 011
10
01
Secony-Vacunum Of
91
37+
Southern Paclie
81
201
19.
Close 10.15/15 10.09 N
Opening
Closing
Change
Curtiss Wright (C.)
.91
10.21/21
10.17/18,
02 up
Curtiss Wright “A”
2:1
Southern Rly $5 pfd: '..... 22 Spicer Manufacturing Co. '331 Standard Brands Lu. 612 Stand Gas & Elec.
11.
unquoted
10.09m....
unch.
Deere & Co -1000.
227
{ >
10.17/18
10.19/19
10.17/18
Standard Oil of California
191
unch.
Distillers Corm. Seagrams
19)
10.10/10
Standard Oll of NJ, ..........
348
10.15/14
10.14/14
.04 up
Douglas Aircraft
istone & Webster
Bi
{
9.97/98
10.02/01
9.9999
.02 up
Du Pont de Nemours
1583
October Spot
{
9.59/59
9.60/59
9.59/59
Studebaker Com;
81
unch.
Eagle Picher bead
.11
Swift · International „..
18;
10.15 N
10.18n
.03. up
Eaton Mig Co
34.
Technicolor:
912
Elec. Autolite Li
351
Texas Corpo.
38
Elec. Bond & Share...
•4•
Texes Gulf Sulphur
384
20.57b/58a 20.60b/65e
20.42b
unquoted
20,226 20.05/05
20.82b/65a 20.47n 20.25b/358 20.30./30 20.06b/15a 20.10b/13a
.05 up
Elec, Bond & Share '$5 pf.
56":
Timken-Axle
-28)
2
05 up
Slec Bond & Share $6 pl.
85
Trans-America Co.
5.
Hong Kong, 25th Feb., 1339.
:08 up
Elec, Power & Light 37 pf.
337
20th Cent. Tox.
5Z
,05 up
Flintkate
107
Union Bag & Paper Corp. 131
Total sales:-570 tons. CHICAGO WHEAT December
· Gen. · American Trans.
52
Union Carbide & Carbon: 71
Gen. Electrite
33
THE CHASE BANK
Unton Pacific
811
811/871
871/87
87/871 871/861
831/831
831 831
881/881 871/871 834/83
+ up
Gen. Motors
501
United AircrafL
453
15. QUEEN'S ROAD, CENTRA
up
Gen. Rallway^Bignal'
15
United Airlines Trans
17A
+ up
Gen. Tire & Rübber
14*
United Corph
11
HEAD OFFICE:
Glidden Go. ...
154
United Corpn.. $3. cum pf.
321
" .
Goodrich (B.F) ..
147
United Gas Corpn......
1*
031/031
623/63
824/621
30 1
Goodrich 55 pt.....
63⚫
United Gas Improvement
101
631/631
831/631
631/63
63/63
624/627 03/627
off
Goodyear Tire & Co.
· 18}*
U.S.. Industrial Alcohol:-
22+*
off
Great Northern Iron Ore
171
B. Rubber
241
The market was quiet in the NEW YORK HIDES afternoon,
Great Northern Rly, pld,
29
world.
US. Rubber $8 pfd.
891*
'Great Western Bugar
22
Interest Rates on Application.
US Smelting
621:
STERLING
The market closed with sellers
December March
12.80b 12.56b/60s
Total sales for the day:-29 lots.
NY-London Cross Rate 4.03-3/4.
12.75b/85a 21.68b C 12.54/50. 12.48b/50a
". unquoted, 4.03-3/4
.12 "off .08 off
Greyhound Corpn..
114.
[U.6. Steel
681
'SAFE DEPOSIT BOXES
Hercules Powder Co
70*
Vanadium
351
DELHI
Francisco HAMBURG
HARTOW
Calcutta Lumpur Shanghai
Patani
Haiphong (Johore) Tientsin
Tokyo New York Taingtao Peiping Yokobama Penang
CURRENT ACCOUNTS opened
(Peking)
FORGN EXCHANGE and General Banking Business transacted.
CURRENT Accouærs opened and FIXED-DEPOsirs received for One Year or shorter periods in Losal or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS als opened in Local Currency and Sterling with interest. allowed at rates obtainable
LOCAL CURRINDY and FIXED DEPOSIT on application. received for one year or aborter
periode in Local and other Cur-undertakes Executor and Trustse rencies on terms which will be business, and claims recovery of quoted on application. «
British Income Tax overpaid, on "
Also up to date Sari Derosir terms which may be ascertained a Boxes in various sizes To Lar any of the Agencies and Branches. Hong Kong, 28th February, 1940.
RA. CAMIDGE,
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank 4 conducted by the HONGKONG | BHANGHAI BANKING COR PORATION. Rüles may be obtain- ad on application
For the BONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
18, PINE STREIT,
BANK OF EAST ASIA, LIMITED
Paid-Up Capital... Authorised Uspital...$10,000,000,00
Reserve and Undivided
Porfits
5,388,800.or
.................2,983,281.50-
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directora: SIR SHOPSON CHow, Chairman Li Koon Chan, Esq. Li Las Bang, Esq. F. K. Kwok. Eg Wong Chu son, Esq. Wong Tan Tong, Esq. Fung Ping Wha Esq. Chan Ching Shuk, Esq.
..
KAN TONG PO, Esq., Chief Manager NEW YORKLI Ta Fona, Esq., Manager...
An American "Bank offering com
plete Foreign Banking Servic
in the principal Markets of the· Branches and Agencies:--
Banday
Halpoeng Haako
Korleon Pecans Blagsport
Loadou
Manila
Bangoon Bourabaya. Halgos BRALON
Melbourne Ban Fran. Bydney Nagtaka for Tork Saattia Parla
dima latin
COSTER
MEDAN
TSINGTAO
HAIPHONG
KEW YORK
TOKOHAMA
PRIFING..
The Bank's Head Office in London
Amoy
Homestake Mining
501
Vultee Aircraft
B3
Int Nickel
261
Walworth Ch.
51
Inter. Paper & Power Int. Tel & TEL
171
བྷ་
354
ENT Giá 40%
Warner Bros. Pict.. Westinghouse Elec, Woodward Irm· Cor. Chase National Bank | National Citi Bank
3
1041
This Bank is entirely owned by
THE CHAKE NATIONAL BANI Naw Your, with Rescurose of oved U.S.$2,200,000,000.
· Hopalału
obe
Petpla
Bemary Shanybal
314
31
at 1/3 November/January, buyers
at 1/31/32 Cab.
U. S. DOLLARS
ト
A small transaction was report-
ed at 23.3/4 for Cash. The market
N.Y. Omcial Silver 34-3/4 |
closed with sellers at 23.3/4 LONDON STOCK
buyers at 23:13/18 for Cash,
SHANGHAI DOLLARS
379.1/2 sellers,
SHANGHAI MARKET Opened with sellers at 3.49/54 for Sterling and U. S Dollars. at 5.31/32. Last advices reported sellers of Sterling at 3.3/4 and U. 8. Dollars at 5.15/16 for Spot.
Shanghai Exchange.
Shanghai, Nov 25 (Reuter).
Official ·T.T. Rates.
Opening 0/3/11/16
Lunauta
New York
Japan
India
Hongkong
8pot
Nov.
Dec.
Spot
Nov Dec.
EXCHANGE
(REUTER'S SERVICE)
London, Nov. 22. 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.
EMPIRE WAR GIFT
LONDON
Nov, 26 (Renter
The latest Empire war、 gift is a sum of £5,000 from the Maharajah of Bhavnagar and his people They money is for the purchase of
Spitfire.
(Ger:Sund. Sun) Loan):8 Jap. 6% Ster. Loan, 1924. 28: Ger. 7% Inti, Loan. 1924.8 Chartered Bank ... HK & 8'hai Bänk (Ldn
Reg.;
Kenmecote Copper Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
1940.
DOW JONES AVERAGE
High Low Dow Jones Averagea
152.80 111.84 30 Industrials "3267 | | 2216 10. Raila
26.45 1803-20-Utilities
Nor. 23,
Nov, 24, 1940...
High Low Close Change 181.74 2:13 [80·131.20 131.47′′ *
-98.37
NETWO
·90.90, 8506· 40 · Boade
64.07 48.47 11 Commodity Index"
.9041
90.35
29.40 - 28.30: 29.38.01 up 2017, 2035 20.12
.01 mp
01 off
1.04 up
Business Done: 210,000 shares
D. M. BIGGAR,
Second Vice Pr
A Job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAL, TRINGTẪU, CHEFOO
and TIENTSIN. W
5-3/4
War Loan. 31% (Red,
after 1952)
-1011 Canton Koon Rly, 5% B Chinese 41% Gold Loan
· 1898 (Bilt. “Issued
651
32
HK & S'hal Bank (Col
Peg
24-3/8
Chinese 5% Gold Bonds,
20-3/8 N
Chinese Eng & Mining
(bearer)
Chosen Corporation
-4/-
Pekin Syndicate
2/-
Chinese 5% Crisp. Loan
+1912
Bhat Elec. Constr. Co. Bhai Waterworks "A", Unfon Insurance Gula Kalumpong Rubber. B-A Tob (bearer)
15/
13 20
TO
15/7};
88/104
Mercantile 1ánk
101 31/6 10
Imperial Chemical Ind. 28/3- United Steel
21
Woolworths.
57/0
Maraman Investments
4/6
Western Holdinga
8/9
the French Concession., at
Sub-Nigel
170
hell Trans & Trad
bearer Nat Defence Bonds 8% 1013 London Midlands Scot
35/7
For
please
tish 3%
141
Great Western Rall
5-15/16
3.29/32
24-1/2
Rellers
Sterling
Opening Closing 0/3-26/320/3-3/4 0-3-25/320/3-3/4. `0/3-49/64 ́ ́0/3-3/4 - UB. Dollars
$6
Market:Quiet
Silver Duty Bat
$5-15/16
The Central Bank of China's rate on London at 10a.m. today was 1/2-1/24.
1925-47 Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Reorg Loan,
1913 (Lan. I Chinese 8% Ster. Notes,
1925 (Vickers)
Chin. Imperi Rly, 5%
Loan *******
Hoban Hly 5% Bukuang Rig 6% 1011,
(LP. N/Z Issue)· Bukuang Rly. 5/1011
(German Issue): Lung Taing & Hai
The Equalisation, rate was 221 Rly. 5% 1913 per cent.
The latest flat of free-wilf money gifts to be issued by the Canadian Department of Finance brought the total of a contributions to the Dominion Treasury for waT (BUR Doses to RTK6,000.
shai-N'King Rly. B% Tientsin-Pakow Rly. 50%
But Stpd.) Tientsin-Pukow Rly. 6%
German Stpd) Tientsin-Pakow Rły, 6%
Brit. Btpd Bupl Loan) 17 Tientsin-Pukow Ply 5%
Dunlop Rabber.........
Bristol Aeroplane
Away 43%
Nat Bank of India.
KOBR and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONGS
All steamers berth alongside
the Roosevelt Terminal in
Shanghai, where passenger,
and cargo sza Janded..
JARDINE MATHESON CO.LTD
TELEPHON
303IL GENERAL MANAGERS
Every description of Banking and. Exchange business transacted. Loans granted on approved securities. Currency and Fixed Deposits re- Current Accounts opened in Local caived for one
year or aborter periods in Local and Foreign Onr- rencies
on terms which will be quoted on application.
SAVE 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 Ale PAID-UP CAPITAL 240,000,000.00
BRANCHES ALL OVEL ÚRINA) Owing to our numerous Branches [in Ching and connections in the principal | Commercial: Centres of the World, we are able to extend to our Clients special facilition för Domestic and Foreign Banking and Exchange.
Head Office-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C... South Dhina Offeur!"
KONGMOON TOISHAN
CANTON
SWATOW SHIUCHOW KINGCHOW
We also handle the issue of Bonda and other Public Fund of the Chinese Government both at Home (ad Abroad,
m SHOU.
CHEN,
Manager,