Adams Express

Alleghany Steel 00.

11its Chalmers

Aluminium Ltd.

.umer. Can.

American Cyanamid B

Previous

Νόν. 20

Amer. & Foreign Power

On demand

101

On India:

Telegraphic Transfer.

Close Opening Closing buyers buyers 38-5,8 38-3/4

Change

Amer & Foreign $7 pr.

amer. Locomotive.

38-1/2

Amer. Metals Co.....

and demand

37-5/8-37-3/4

37-3/8

of 1/4

Amer. Radiator

35-1/4 36-3/8 36 cts.

off 1/4

Amer. Rolling Mil

Bank Bills, on demand 23 :/8

Credits, 60 days' "sight 24

The market was easier. LONDON RUBBER

Previous close Today's close

Amer. Sugar Refining

On Batavia-

buyers.

buyers

Change

On demand

42 1/4

11-3/4

11-3/4

unch.

On Paris:-

Bank Bills, on demand Nom.

11-13;16 12

11-13/16 12

Amer. Tel, & Tel Amer, Tobacco "B" Amer, Waterworki

Anaconda: Copper

FEBRUARY

APRIL-JUNE

On demand ............... 100 1/2

On Manila

On demand

40 1/4

On Bangkok:-

On demand

On Sterling Notes:-

149 1/2

Nou.

12-1/16 --12-1/16

12-1/16 12-1/16

Atchison, T. & 8, Fe.

Aviation Corp. ....

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 27, 1940

On London:-

Telegraphic Transfer. 1/ Bank Bills, on demand 1/2 7/9 Credits 4 months' sight

On Shanghai:---

On demand

On SingaporE:---

On demand

On Japan:~

8 8 8 8 8 8 8

On New York:-

- 300

PAYNE & CO.

COMMODITY BROKERS

ל

STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

623/ NEW YORK, Nov. 26-1940.

SINGAPORE KUBNER

SPOT

91/9 JAN.-MARCH

| APRIL-JUNE,

Credits 4 months' sight Nom.

On Baigon:-

SPOT DECEMBER

JANUARY

of 1/8

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

NOVEMBER 27, 1940

National Lead

គ.

THURSDAY, NOVEMBER 28, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED· BANK OF

BANKING CORPORATION

Head Ofce:-HONG KONG

*Chairman

38, Bishopsgate E.C.2

Sub-Agencies In London: 117/122, Leadenhall Street, E.C.2 West End Branch: 14/18, Cockapuz Street, S.W 1 Manchester Branch:

32, Mosley Street, Manchester, 1.

ALOR 974R

AGENCIES AND BRANCHES

BABBIN PENANG HONG KONG KANGOON ILOILO

BAIGON

SEREMBAN

KARACHI ELANO

SHANGRAY

BINGAPOR

SITIAWAN

BOMHAY

CALOUTTA

AGENDITS: KOLA CLATE ETAKIT

FLIX PLACE CANTON

KUALA

LUMPUR

KUCHING MADRAS

INDIA, AUSTRALIA

Authorised Capital....... $50,000,000

Reserve Funds:

Sterling

Last Sale

STOCKS

Last Sale

Nov. 26

Nov, 26.

Reserve Liability of

Proprietors

H. K. Currency Reserve $10,000,000 Reserve Liability of Pro-

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1858

£8,500,000 Reserve Fund

Paid-Up Capital

AND CHINA

£3,000,00€

£3,000,000.

prietors

$20,000,000

£3,000,000

Loew's Inc.

291

HEAD OFFICE: LONDON:

23

Loft Incorperated

201

36

Mack Truck Inc.

28

-70

Martin, Glen L

32)

McKesson & Robbins, pid.

28

Board of Directora: H. V. Wilkinson, Esq.,

348

Montgomery Ward

38

1.

M'tain City Copper Co.

4

154

National Aviation

11}

16

Nat: Dairy Products

13

181

National Distillers

71

22 181

Hon. Mr. J. J. Paterson,

Deputy Chairman, J. K. Bousfield, Esq., A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

G. Miskin, Esq.,

157

AMRITSAR

Nat, Fower & Light

7

K. 8. Morrison, Esq.,

BANGKOK

Amer, 8'ting and Ring Co. 441.

National Supply Corp.

61

Hon. Mr. T. E. Pearce,

"HATASIA-

14

New York Cential

142

1864

.3

Niagara Hudson Power N. American Aviation North American Co.

34

JAN

17:

164

C. C. Roberta, Esq., Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

SOUBABATA

271

Northern Pacific

19

TALPING

184

Owens-Illinois Glass Co....

474

Branches:

5

Pacific Gas & Elec

271

Baldwin Lecometiré

101

Packard Motors

3+

· MARKET

January

>

May July"

{

"

{

9.94/94

.)

9.50/50

December January

Business

vas

/ 1/2

-

Total sales:-600 tons. CHICAGO WHEAT December

872/87#

May July

863/867

831/831

Monday's sales:-11,201,000 bushels, CHICAGO CORN UA. Dollars opened with sellers at December 5.7/9 for Spot and later the rate May

Bank Buying Rate.

Bar Silver per oz ... 23 1 16

Market Report

TC-

The market was quiet. NEW YORK COTTON: The difference between October and March cotton is likely to be widening further. This is mostly due to the transferring of Trade hedges from December and March to October. Bombay interests were the principal buyers of near months

NEW YORK RUBBER; There was scattered December liquidation on a thin market. Shipment offerings were light, but demand was słow

NEW YORK STOCKS: Previous close, 131.96; Today's close. 131.94;

Change, off .02.

· FROM ROZA BROS, Silver prices were unchanged yesterday, the quotations maining at 23.1/16 for Ready and; Forward, Silver advices reported) • the market as being quiet and featureless. American Silver was quoted at 34,3/4 for Spot,

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

The London-New York cross-New York Cotton, Dec. rate was quoted at 402.1/2 New New York Rubber, Dec, Yuk-London was quoted at 401.-

Featureless.

STERLING

Chicago Wheat, Dec...... ¡Chleago. Corn, Dec.

New York Hides, Dec. NEW FORK COTTON

Dec. (New contract)

There were sellers at 1/3 Noveîn- ber-December, buyers at 1/3.1/32 March

Cash.

24

U. 8. DOLLARS

Opened with a possible seller at October 23.9/16 but no business was re- Suot ported. The market closed with

Total sales Monday:-123.100 bales..

sellers at 23.1/2 for Cash, buyers NEW YORK RUBBER at 235/8 for Cash.

SHANGHAI DOLLARS

done at 399.1/2 March

and 389.1/4. The market closed May with sellers at 399, buyers at 399.--|

SHANGHAI MARKET Opened with sellers of Sterling at 3.3/4 for Spot. Subsequently the rate dropped, to 3.47/84 and towards the clase sellers were "again quoted at 3.3/4 for Spot.

Barber Asphalt Co. Barnsdall Ou Bendix Aviation

Bangkol. Kobe

Amoy Johore

Baltimore & Ohio

+

Pan-American Airways

153

Batavia Kowloon

Rangoon Saigon San

Paramount Pictures

94

Bombay

Kuala

Francisco

9

Pennsylvania R.R.

231

Calcutta

Lumpur Shangbai

327

Philadelphia Read, Coal

-L

Canton

London

Siugapore

Bethlehem Steel Bliss Co.

862

Phillips Petroleum

391

Chefoo

Lyons Sourabaya

14

Colombu

Malacca

Public Service of NJ.

Sungei

307

Dairen

Mauila

Boeing Airplane Ca

187

Pullman Inc...............

25%

Foochow

Muar

Swatow

Borg-Warner

21

Pute Oll

8

Briggs Mfg.

241

Radio Corpn. of Am.

5

Budd M'facturing Corp.

51

Reading Company,'

Com

14

Canadian Pacific R'way

31

Remington Arms Co., Inc.

Iloilo

"

Case, JL

811

Republic" Aviation Corp.

5

Celanese.

284

Republic Steel

221

Chesapeake & Ohio

421

Revere Corp...

11

Chrysler Corpn.

774

Reynold Tobac, “B”

33

Columbla Gas & Elec.

-5.

Safeway Stores

434

Prev. Today's --- High Low Close Close Change 10.16 10.12 10.12 10.14 02 up 20.67 20.47 20.78b 20.47 31 of 881 .87 877 881 4 up 621 83 611 623 % up 12.77 12.54 12.70 12.52b .18 off

Commercial Credit Co. Com, & Southern (Ord.)

314

Schenley Distillers

103

15/16

Sears Roebuck

·781

quoted ou application,

Consolidated Edison Consolidated, Oil Continental Can

23+

Shell Union Oil

91

B

Secony-Vacunum Oji

87

37

Southern Pacific

88

Boxx in various sizes To LET Hong Korg, 28th February, 1948.

Continental Oil

20+

Southern Rly $5 pid.

21

Patani

Haiphong (Jobore) Tientsin

Bankow darbju New York Tsingtaq

Mukden Tokyo

l'eiping Yokohama Ipoh. Penang

NEW TORY PEIFING

(Peking)

TIENTUIN

TUNGKAH

(Bhuket) TBINGTAÐ YOKDRAMS...

FORE.ON EXCHANGE Rad General Banking Business transacted.

CURRENT AQ0our opened and FIXED DEPOSITS received for One Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT also opened in Local Currency and Starling with"

CORBENT ACCOUNT opened in interest allowed at rales obtainable LOCAL CORRENCY and Fixed DEPOSITI 00 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 and claims recovery of British Income Tax overpaid, on

Atao up to date Surz Derosir terus which may be ascertained at

any of the Agencies and Branches.

R. A CAMIDGE,

Manager.

CAWNPOR CEBU

COLOMBO

MANILA

DELHI

MIDAN

HAIPHONG

HAMBURG BANIDW

Copperweld Steel

Curtiss Wright (C)

Close

10.12/12

Opening 10.13/13

Closing

Change

Curtiss Wright "A"

10.14/14

.02 up

Deere & Co.

10 04 N

10.04b/06a 10.07/07

.03 up

Distillers Corpn. Seagrams

10.13/13

10.14'14

10.16/18

.03. up

Douglas Aircraft

10.06/06

10 06/06

10.08/08

unch.

Du Pont de Nemours

9.93/93

9.89/90

.05 off

Eagle Ficher Lead

9.48/47

9.41741

*02. of

Eaton Mfg. Co.

10.12 N

10.14

02, up

Elec Autolite

Elec Bond & Share

Elec. Bond & Share $5 pt.

7

Elec Bond & Share $6. pf.

20.78b/803 20.87/67 20.51/51 20.45b 20.42b" 20.25/25.

20.35/24 20.202

20.47/47 20.45b 20.20/20 20.20a

31 off

Elec, Power & Light $7 pf.

.06 off

Mintrots...

22 off

Gen. American Trans

,05 off

Gen. Electric

Gen. Motors

Gen. Railway Signal

877, 88

88+/881 887/87 87/864 831/831 83+/83

Gen. Tire & Rubber

up

unch.

Glidden Co,

off

Goodrich (B.F.).....

Goodrich $5 pf...

Goodyear Tire & Co.

Great Northern Iron Ore ..

....... 817/62

62/621

621,641

up.

Great Northern Rly, pfd,

61/62

dropped to 5.27/32. Last advices July

82/621

624,621 621/62)

627/621 024/624

up

Great Western Sugar"

Greyhound Corpn.

Hercules Powder Co

December

March

N.Y. Official Silver

34-3/4

NY-London Cross Rate 4.04

Homestake Mining

12.70/70

12,77/75.

12.54h/559.12.60b/65a

12.52b 12.34/24

.18 off

Int Nickel

30 off

Inter. Paper & Power

Int, Tel, & Tel.

Kennesatt Copper

Lonauri

Opening

0/3-11/18

Lakey Foundry & Mic, Libbey-Owens-Ford Glass Lockheed Aircraft

reported sellers at 5.7/8 for Spot. NEW YORK HIDĖS

L

Shanghai Exchange

Shanghai, Nov. 27 (Reuter).

Official T.T., Rates

New York

Japan

India

Hongkong

Sterling

5-3/4

24-3/8

20-3/8 N 24-1/2/

Sellers

Opening Closing

0/3-3/4

0/3-47/64 0/3-47/64

Total sales for the day:-199 contracts,

LONDON STOCKI

EXCHANGE

(REUTER'S SERVICE)

London, Nor. 26

34-3/4 unreceived,

LONDON GOLD

London, Nov. 28 (Reuter). Bar Gold, Fine per oë, 168/-

43

The following quotations are the

(Brit. Stpd. Supl Loan). 9 middle prices at the close of the Tientsin-Pukow Rly. 1%.. market in London. All quotations

(Ger. Stpd. Supl. Loon) 9

are subject to confirmation and no Jap. 6% Ster. Loan, 1824 27 responsibility is assumed for errors Ger. 7% Intl Lean,. 1924

ཚུ སྒྱུ སྒྱུ མ 。

24

Gula Kalumpong Rubber

B.-A. Tob. (bearer)

1900

DOW JONES AVERAGE

High Jow Dow Jones Averages Nov. 28, 152.80 111.84 30% Industrials

131.96

Nov. 27.-1940.–

High Low Close 181.72 131.28.131.24

*33* 261*

Change

,0% of

HONGKONG" SAVINGS

BANK

The Business of the above Bank s conducted by the HONGKONG). SHANGHAI, BANKING COR PORATION. -Rules misy be obtain- ed on application.

For the HONGKONG & SHANGHAI BASKING CORPOZATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 28th Feb, 1939.

18, QUEEN'S ROAD, CENTRAI

HEAD OFFICE:

18, PIRE STREET,

- NEW YÓRA An American Bank offering .com plete Foreign Banking Servic in the principal Markets of the world. fnterest Rates on Application.

This Bank is entirely owned by

THE CHABE NATIONAL BAxi NEW Yo15, with Rascarons of or U:S.$2,300,000,000.

D. M. BIGGAR,

Second Vice Pre

A Job?

NEWS

32.67 3216 20 Rails

26.40-18 03:40. 00,00-83.00-40 **64.07 48.47. 17

Utilities Bonda

99,95

20 40 90.33

Commodity Index

56.67

,08 up

29.47 29.25 20.33 20.51 20,21, 21.33 07. off

$0.33 .01 of 5408 off

Business Done: 590,000 shares

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

Spot" 0/3-3/4

Nov;

0/3-3/4 0/3-3/4

Dec.

U.S. Dollars

Spot

$5-7/8

$5-7/8

in transmission.

Chartered Bank...............71

H.K. & S'hai Bank (Lin.

Nov.

5-7/8

Dcc.

6-7/8 5-27/32 5-7/8

War Loan, 3% (Red

after 1952)

Reg.) .....

651

1013

A.K. Shai Bank (Cl

Reg)

72

Chinese Eng."& Mining

35

(beater) ..

16/3

Chosen Corporation

4/

Pekin Syndicate

21-

B'bai Elec. Contr. Co..

15/-

S'hai Waterworks "A"

Union Insurance

131 20 15/74 ̈

TO

Mercantle kank

88/3 10.

Dunlop Rubber

31

9,101

Imperial Chemical Ind. 28/41.

United Steel

21/3

Woolworths

57/6

Markman Investments

7/8

Western Holding. *....... Sub-Nigel

8/9

170

Bholl Trans, & Trad.

bearer)

10

.35/71 Nat Defence Bonds, 3% 102 Londch-Midlands-Scot

tish, 3%

144

Great Western Rail-

WAY, 3%

334

(German" Stpd.) Tientsini-Pukow. Rly. 5%.

Nat Bank of India. 3%

•281

Market: Quiet,

Silver Duty Rate

The Central. Bank of China's

rate on London at 10 am. today

| was 1/2-1/24.

Canton-Kloon Rly. 5% Chinese 41% Gold Loan

Chinese 5% Gold Bonds. 1893 (Brit. Issued......

1925-4735

The Equalisation rate was 223 Chin. 41% Anglo-French

per cent.

India Rupee Paper

Bombay, Nov. 28 (Reuter). Govk, 31% Rupee, 92-04-0.

Calcutta Exchange

Calcutta, Nov. 28 (Reuter). T4, on Japan. 81-1/4.

LONDON METALS EXCHANGE

London, Nov. 28 (Reuter). Tin, Standard. Cash, Middle

256-1/8

Price

Loan, 1908

Chinese 6% Crisp. Loan..

1912

Chinese 5% Reorg. Loan

1913 (Ida. L.).

Chinese 8% Ster. Notes,

1925 Vickers) Chin. Imperial Rly, 5%

Loan.......

Yonan Rly, 6% Hukuang Rly: 6%. 1911..

(LP. N/Y Issue). pkuang Rly, 5%, 1911

German Tasue}"

Lung Taing &. U Hal

Aly, 6% 1913,

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

Tin, Standard, 3 months, Middle Tientain-Pukow Rly. -5%

Price, £259-7/8" ||

Market barely steady.

shal-N'King. Rly. 5%

Bristol Aeroplane

BWATOW, SHANGHAL TSINGTAU, CHEFOO

"and"TENTSIN.

KOBE and OSAKA

SINGAPORE, PENANG and -CALCUTTA

SANDAKAN

HAIPHONG

All steamers borth alongside the Roosevelt Terminal în the French Concession at

Shanghai, where passengers and cargo are landed.

For further particulars:

please apply. to-

JARDINE MATHESON& Co., LTD

TELEPHONE ZOZILO GENERAL MANAGERS

BANK OF EAST ASIA, LIMITED

Authorised Capital....$10,000,000,00 Paid-Up Capital 5,593,800.00 Reserve and Undivided

Porta

..........2,983,261.80

Head Office:-HONG KONG No. 10 Des Voeux Road, Central.

Board of Directors: SIR SHOPBON Chow, Chairman Li Koon Chen, Esq. Li Lan Sang, Esq. P. K. Kwok. Eaq. Wear Chu Bon, Brg Wong Yun Tong, Esq. Fang Ping, Wah Esq. Chan Ubing Shek, Esq.

Kix Tona Po, Esq., Chief Manager LI Tax Foxo, Esq, Manager

Branches and Agencies:-

KOTION

Pesant Singapon Bangcom Bourabaya Balgon

BAF Byzdney. imtaha

Semarang - Suzaghal

DORYST

Every description of Banking and. Exchange business transacted. Loans granted on approved securities. Currency and Fixed Deposita re- Current Accounts opened in Local ceived for one year or shorter periods in Local and Foreign Cur tencies on terme which will be quoted on spplication.

SATK EXPOSIT BOXES TO LET

KAN TONG RO;

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) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend o our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Oce: SHANGHAI Hong Kong Branch:

QUEEN'S ROAD, C.

South China Ofe

CANTON,

SWATOW

SHIUCHOW....

KONGMOON *TOISHAN

KINGCHOW We also handle the ins of Bonds and other Publie Funds? of the Chinese Government both at Home tad "Abroad

SHOU J. "CHEN,

Hanager.

10

Spicer Manufacturing Co. 341

9+.

Standard Brands

287

Stand Gas & Elec.

21

Standard Oil of California

184

197

Standard Oil of N.J.

341

81

||

Stone & Webster

8

156

201

33

Studebaker Com

Swift International

Technicolor

81

171-

92

35

Texas Corpn.

382

41

Texes Gulf Sulphür

37

542

Timken-Axle

285

64

| Trans-America Co,

5

321

20th Cent. Fox.

51

101

Union-Bag & Paper Corp., 134

54

Union Carbide & Carbon - 711

THE CHASE BANK

334

Union Pacific

801

497

United Aircraft

48

10

United Airlines Trans

∙167

13*

United Corpn

14

15.

United Corpn. $3 cum pl. 391

141

United Gas Corpn.

1

633

United Gas Improvement | 103

181

U.S.. Industrual Alcohol. -221

18

US. Rubber

$25

291

US. Rubber $8 pid.

91

211

US. Emelting"

65

11

OB. Steel-.

69

SAFE DEPOSIT BOXES

71.

Vanadium

339

501

Vultee" Aircraft

81

Amoy

4

Hataria Bombay

Loodon Manila

Calonite

Melbourne

Haiphong

Expunks

Hankow

donsiala

ove

Yer York B Parts Pepler

281

Walworth Co.

..58

161.

.11.

Warner Bros. Pict. Westinghouse Elec,

31

105

351

Woodward Iron Cor.

32

4

47*...

Chase National Bank National City Bank

30+

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