Allegany Steel Co.
PAGE 10-HONGKONG DAILY PRÈSS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Nov. 28.
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 amamed for ertors in transmission.
NEW YORK STOCK EXCHANGE
* STOCKS
Adama Express ....
QUOTATION
(REUTER'S SERVICE)
NOVEMBER 29, 1940
Last Sale
SATURDAY, NOVEMBER 30, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALĖS "AND CHINA
Laned & Fully Paid-Up 850,000,000 Incorporated by Royal Charter, 1888
Paid-Up Capita! ...... £6,500,000 Reserve Fund
BANKING CORPORATION
Authorised Capital... 850,000,000
Reserve Funds
Sterling.
£3,000,000
STOCKS
Last Sale
Reserve. Liability of
Nov. 28
Nov; 28
Proprietor
890,000,000
H.K. Currency Reserve $10,000,000 Beserve Liability of Pro-
prietors
£5,000,000
£3,000,000
Loew's Inc.
281
HEAD OFFICE: LONDON:
221
Loft Incorperated
201.
Hand Office:~HONG KONG
COMMODITY MARKET
REVIEW
Allis Chalmera
344
Mack Truck Inc
27
(FROM PAYNE & CO.).
War Loan, 31% · «Red,
after 1952) ains
Aluminium Ltd.
*76*
Martin, Glen L...........
312
1021
Amer. Canop
McKesson & Robpini, prd
26.
NEW YORK, Nov. 28, 1940,
Defence Loan, 3%
102
Amertean Cyanamid B....
351
Montgomery Ward
39:
Previous Nov, 28
Santon-Kloon Als. 5%
9.
Amer. & Foreign Power
Į
[M"tain: City ̧Copper Co.
31."
SINGAPORE RUBBER
Close Opening Closing
Change
Chinese 41% Gold Loan
Amer & Foreign 37 pt.
142
National Aviation
10 t
buyers buyers
SPOT
38-1/2 38-3/8
- JAN -MARCH
APRIL-JUNE
38-1/4 37-1/8 37-1/4 37-1/8 35-7/8 35-3/4 35-5/8
of 1/4
of 1/8
1898 (Brit. Issue) ..... Cain. 4% Anglo-French"
Loan, 1908
37+
Amer. Locomotive,,
141
Nat Dairy Products
131
Amer, Metal Có.
19
National Distilera
221
Amer. Radiator
National Lead
171
off 1/4
Chinese 5% Crisp Loan."
1912
01. Miskiu, Esq.,
Amer. Rolling Milla.
151
Nat" Fower & Light
K. S. Morrison, Esq..
18
The market was quiet,
LONDON RUBBER :
Previous close Today's close
buyers
buyers
8 POT
11-11/16
-11-11/16
Change unch.
DECEMBER
JANUARY
11-13/16
FEBRUARY
APRIL-JUNE
The market was idle.
NEW YORK COTTON; The market today again hesitated, but there is general bellef that higher prices are necessary to check hold- ings Mills are watching closely on the "tree" supply situation because of the large diversion into the loan. Spots today were quiet but steady. December, ilquidation is increasing.
NEW YORK BUBBER: The quota for the first quarter of 1941 has
been fixed at 100 per cent. of capacity,
CHICAGO WHEAT: At the close of the session, there was a broaden- ing of demand, both from mills and Commission houses. Hedge selling was readily absorbed by increased buying interests.
NEW YORK STOCKS: Previous close, 129.78: Today's close, 130.14;
Change, up 36.
11-15/16" 12-1/16 12-1,16
11-3/4 11-15/16 12-1/16
off 1/18
Chinese 5% Reorg. Loan.
1913 (Ldn. I8) Chinese 8% Ster. Notes,
1925 (Vickers) Chin. Imperial Rly. 5%
unch.
Loan
45
unch▸
Homan Rly, 5%.
ཎྜ་ས
Amer. Sting and Ring Co.
· 44
National Supply Corp.
B
Hon. Mr. T. E. Pearce,"
Amer, Sugar Refining
14
New York Cential ........
134
C. C. Roberta, Esq.,
Board of Directors: "H. V. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
J. E. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell,
38. Bishopsgate E.C.a
·Sab-Ageneics In London: 117/192, Leadenhall Street, E,C.a. West End Branch; 14/18, Cockapur Street; 8.W 1"..
"Manchester Branch:
9, Mosley Street, Manchester,
AGENCIES AND BRANCHES
HARBIN
PENANG HONA LONG MANGOON ILOILO
BAIGON ПРОВ TARIOHI
ALDE STAR AMRITSAR BANGKOK
- BERAMBAM
BAT&TIA
261
Amer. Tel & Tel
185+
Niagara Hudson Power ...
31
Hon. Mr. A. L. Shield,
Amer. Tobacco “B”?"
70-
N. American Aviation
177
Amer, Waterworks ..............
7
North American Co.
161
Sir Vandeleur M. Grayburn,
Chief
BOMBAY
CALOUTTA
AGENCIES:
SHANGHAI
ELANG
кок
SINGAPOR HITIAWAN
Manager.
Anaconda Copper
287
Northern Partic
OLIVE BYTKUALA Fisik Praca
SCURABAY @"
61
Atchison, T. & 8, Fe
181
Owens-Dlinois Glass, Co.....
.487
Brunches:
121
Aviation Corp.
43
Pacific Gas & Elec ...............
27
Amoy
12
off 1/16
Bukuang Rly 5%. 1911..
Baldwin Lecomative
163
Packard Motors
34
Bangkok
Johore Rangoon Kobe
CANTON
*MINT COLUMSU
LUMPUR
TAIPING
CAWNPORE. KUCHING
*ENTS1
MADZAR
TONGKAN
MANILA
(Bhuket)
Saigon
(LP. N/Y Issue)
'13
Baltimore & Ohio
DELFI
MEÐAN
THINGTAO
4
Pan-American Airways
15
Batavia
Kowloon S&D
Bukuang Rly. 5%. 1911
German Issue) Lang Tsing & U
Fly. 5% 1913 S'hal-N'King Riz. 5%...
Barber Asphalt Co.
10
Paramount Pictures
91
Bombay Kuala
HAIPHONG
NEW YORK
YOKOHAMA
Francisco
11
Barnedáll Oil
Pennsylvania RR
124
Calcutta
Lumpur Shanghai -
HAMBURG
.PRIPING
Hal
Bendix Aviation
32
Philadelphia Read, Coal
•
Canton
London
11
Bethlehem Steel
851
Phillips Petroleum
Chefoo
381
13
Bits & Co.
13+
Public Service of N.J.
291†
Dairen Manila
Tientsin-Pukow Rly. 5%
Boeing Airplane Co.
171
Pullman Inc.
26
Foochow
Muar
(Brit. Stpd.)
10
Borg-Warner
201
Pure Oil.....................
Tientsin-Pukow Rly: 5%
Patani Swatow Haiphong (Johore). Tientain
Lyons. Bourabaya
Colombo Malacca Sungei
Singapore
KANKOW (Peking)
Briggs Mig.
231
Radio Corpn. of Am.
4
Bankow
Mukden Tokyo
(German Stpd.)
Budd Mfacturing Corp.
5..
Reading Company,
Com
133*
Tientsin-Pukow Rly. 5%
Canadian Pacific R'way
37
Remington Arms Co., Inc.
Harbin (loilo
New York
(Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%
10
Case, JL
59+
Republic Aviation Corp.
1pob
Penang
Celanese...
271
(Ger. Stpd. Supl. Loani
10
Republic Steel
22
Chesapeake & Ohlo
414
Revere Corp..........
111
Jap. 6 Ster. Loan, 1924
30
"
Chrysler Corpn.
753
Ger, 7% Intl Lean, 1924
53
Reynold Tobac, "B"
321
Columbla Gas ̈& Elec.
43
Safeway Stores
43.
Chartered Bank
71
Commercial Credit Co.
311
Schenley Distillers
101
12.15
Close
Opening
*10.10/10
- 10.06/08
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Dec. New York Rubber. Dec. Chicago"Wheat, Dec, Chicago Com, Dec. New York. Hides, Dec.
NEW YORK.COTTON
NEW
Dec (New contract)
Prev. Today's High Low Close Close. Change 10.09 10.05 10.10 10.00 04 off 20.52 20.49 20,40b 20.48b 08 ap B91 83 877 89) 1 up '841 $37 631 63 12.33
12.236 12.33
4° up |Pekin Syndicate
H.K. S'ha! Bảnk (Län
Com, & Southern (Ord.)
Sears Roebuck
75
Reg.)
87
Consolidated Edison
221
Shell Union Oil
10
K. & 8pal Bank (Col Eeg)
Consolidated Oll
51
Socony-Vacunum Ofi
Bi
73
Continental Can
37
Chinese Eag. & Mining
(bearer)
Southern Paciic
81
Continental On
20
Southern Rly $5 pfd.
21
*18/3
Copperweld Steel
1821
Chosen Corporation. Mercantile Bank of In-
dia, £5, "G"
Spicer Manufacturing Co. 33+
41-
Curtiss Wright (C.)
9
Standard Brands ......
Curtiss Wright "A"
271
108
Stand Gas & Elec.
11
Deare & Co. .........................
201..
2/-
Standard Oil of California
172
Distillers Corpn. Seagrams
181
Standard Ou of NJ.
- 34
Closing
10 up S'hat Elec. Constr. Co. S'hai Waterworks “A” Change
Onton Insurancé
15/-
131 220
Douglas Aircraft
78
Stone & Webster
8+
Du Pait de Nemours
1541
Studebaker Com
71
Eagle Picher Lead
101†
January
)
10.04 N'
March
{
}
10.14/14
9.55b/973 10.10/00
10.08/06 9.98p
10.00/09
.04 off .06 off .05 off
Gula Kalimpong Rubber. 15/7)
Swift International
171
Eaton Mfg. Co.
321
Lon., Mid, & Scot., Rly. 141
34 Great Western Rly.
Elec. Autolite
341
Technicolor
Texas Corpn.
요
Elec Bond & Share
41
May
(
}
10:02/03
9,98 98
9.99/99
..03; off
National Bank of India 284
Texes Gulf Sulphur
37
Elec, Bond & Share $5 pt.
571
July
(
.
9.85/85
9.60/79
October-
9.37/37"
9.21/22
Spot
10.10 N
-9.810"
9.31/31 10.0ôn
.04 off
R-A Tob, (bearer)
84/3
Timken-Axle.......
274
Elec Bond & Share $6 pf.
65
08 off
Dunlop Rubber
31/71
Trans-America Co.
5
04 off
Bristol Aeroplane
10
Elec. Power & Light $7 pf. Futrota.
30
20th Cent. FOX.
53
· 16′′
Totals sales Wednesday:-89,800 bales.
NEW YORK RUBBER
| Imnersal Chemical Ind. ~ 28/8 ..
United Steel
Union Bag & Paper Corp.
131
Gen. American Trans.
531
21
Union Carbide & Carbon
71
THE CHASE BANK
Gen. Electric
321
Woolwortha
56/9
Union Pacific
7811
Gen. Motors.
49
December
January
March
May
20.40/45a 20.32b
20.12/12 19.90b
20.25b unguoted 20 00/00
20.48b
20.38b..
.08 up
Marsman Investments 7/6 Western Holdings
Dufted Aircraft
451
Gen Rallway Bignal.
151
8/9
United Airlines Trans
18
Gen. Tire & Rubber
-13
06 up
Sub-Nigri
162/6
United Corpri
1
20.10b/135
19 20b/90a 19.906
19. 20
Glidden Co.
142
"hell Tranz.
&
Trad
Goodrich (B.F.) -
141
unch.
Total sales:-429 tons.
CHICAGO WHEAT
December
May
July
.88/87*
88/881
862,881
891789" 87/87/
11 up ¿ up
*823782)
821/821
83/83
up
Wednesday's sales:-15,049,000 bushels,
CHICAGO CORN
December
83+/631
May
July NEW YORK HIDES December
821/62% 821/621
631/631 **821/621 621/621
634/637
823/624 62}/621
Offtake ni.
12.238 12.18/15 11.92b/97a 11.95/92
34-3/4
March
Total sales for the day:-94. contracts.
N.Y. Official Silver
NY-London Cross Rate 4.03-3/4
WEEKLY RETURNS AND REPORTS
BANK OF ENGLAND
(Beaters
LONDON, No. 28.
LONDON GOLD
London, Nov. 28 (Reuter). Bar Gold, Fine per oz, 168/-
12.33b 12.05/05
-10 up
.13 up
Indian Mint Silver
Ready...
61-11 N
Dec. 27 Settlement
61-11 N
34-3/4 4,03-3/4
Jan, 22 Settlement
01-11 N
up
קט !
up
(dearer), ..
•bid,
SILVER MARKET
LONDON SILVER
London, Nov. 28 (Reuter). Silver-Market quiet and fear tureless. Business very small. In the afternoon, the market
very quiet, with no business.
Spot, 234, 4
Forward, 23d.
BOMBAY SILVER
Bombay, Nov. 28 (Reuter).
Market-Quiet.
33/9
United Corp. $3 cum pl. 27) United Gas Carp
1
+ -ex, dlv.
Goodrich $5 pf.".....
.821
United Gas Improvement -10
Goodyear Tire & Co....
171
Great Northern Iron Ore ..
171
US., Industrual 'Alcohol. ... UB. Rubber
21TM
24
Great Northern Rly, pfd,
27
UB. Rubber $8 pfd, mä
90
Great Western Sugar .............
201
US Smelting
031
Greyhound Corpn.
11t
US. Steel
87
Hercules Powder - Co.
72
Vanadium
344!
Homestake Mining
50
Vultee Aircraft
81
Int Nickel
241
was
Walworth Co.
51
Inter. Paper & Power i
18!
Warner Bros. Pict..
3
Int. Tel. Tel.
Kentecott Copper
17
Westinghouse Elec,"
1032
348t
Woodward Iron Dor.
311
Lakey Foundry & Mac. Libbey-Owens-Ford Glass 443† Lockheed Aircraft
30
...
Chase National Bank National City Bank
321+ 281+
Public Depostta
Other Deposita:---
Bankura ** Other Accounts
Total
BANKERS:
#1940
DOW JONES AVERAGE
High Low Dow Jones Averages Nor. 27, 152.80 111.84 30 Industriala
Authorised Capital' ...
129.78
Hubsoribad Englan
32.67 215 90
Rails 23.45 18.03 20 Utilities
28.70
Paid-up Capital
Herre Tand and Rat
1988
Ji
90.90 308 40 Bonds
90.13
81.07 49.47 11 Commodity Lader
50.94
20.02 10.71 19.8701 off
$0.18.00 up 68.33 .16 up Business Done-470,000 shares
Bangkok
Bowlbay, Laden
Columbia Colorabo
Ipoh
Kasntea
Kaly
Delhi
Karachi
INDO-CHINA.
STEAM NAVIGATION COMPANY I
Operating Services for Cargo and Passengers
22,390
Now 21
Nov, 28 (000's Omitted) £
R 27,110
313,410
110,830
51,400
50,810:
163,810
161,140
Goremment Securities
140,850
137,350
Other Securities:--
TO
Discounts and Advances
3,940
6,940
Securities
26,820
23,890
Total
24,700
30,830
Notes, and Coins
38,340
17,850
Total Bullion .....
990
1.200
·Notes in circulation
691,050
Ratio of Reserve to Liabilities
* 20,309′′*
108/-
Price of Gold' at which holdings are valued'
FEDERAL RESERVE SYSTEM
293,350 20.10%
168/-
NEW YORK, Nov. 28, (Beater). Nov, 23 (1990) "Nov. 21 Nov.
Bills Bought
8. Securities held
Federal Reserve Ratio"
Monetary Gold Stocks
Industrial Advanone"
Federal Reserve:Credit Outstanding: 2,045,000
(609% Omitted)
2,593,000 88.28%
2,231,000 90.85%
90.67% 2,302,000 2,278,000 17.257,000 21,716,000 21,755,000. 11,588.003 7,912,000
2,204,000)
7,615,000
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG"
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particolars
pleaso apply to
JARDINE
The Bank of England and Midland
Bank, Ltd., BRANCHES:
Calle A Mota Bharu
Blongkong
Howrah
Kuala Lipa
Kuala Treggino : Madrus
New York
Ferang
Rangoon
Khangbai
Kuala Lumpur Singapore HONG KONG BRANCH: Every description of Beaking and Exchange
beatest tegnested.
TRUSTEE AND.
EXECUTORSHIP
UNDERTAKEN LURRENT LOCQUETS owed in Loond Car Tedy and WIXED DEPOSITS road is Roel
Churay "a" BEKALINGI. pz ·ferm'fhab. may be sacertalavil on spilation.
D. BENSON,
Her
What do
you want ?
If there is anything you want to buy or sell,try a small Classifed advertise- ment in the Hong- kong Daily Press
ATHESON&CO.LTD 25 words $1.50 prepaid
TELEPHONE SOJILL GENERAL MANAGERS
for 3 insertions.
BANK OF CHINA
Hpecially Chartered by THE NATIONAL GOVERNMENT OF-CHINA AS AN INTERNATIONAL EXCHANGE":
BANKA NA PAID UP CAPITAL $40,000,000,00
(BRANCHES ALL OVER CHINA) (50) Owing to our numerous Branches in China and connections in the Principal Commercial Centres of the World, we are able to ertzao. o our Clients special facilities for Domestic and Foreigh Banking and
kebangs
Head Office-SHANGHAI Hong Kong Branch;
"4, "QUEEN'S ROAD, 0.
South Obina Offices?
ANTON
SWATOW SHIUCHOW
KONGMOON
TOISHANA
KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chines Government both at Home and Abroad,
BROU J. CHEN,
Nov. 29, 1940,
High Low Close
Change
130.67 119.13 130.1438 up *-29.43 -28.21. 28.31 .39 off
Tsingtao
Peiping Yokohama
CURRENT ACCOUNTS opened FIXED DEPOSITS received for One Year or shorter 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 Accousta opened in interest allowed at rates obtainable LOCAL CURRENCY and Fixed Deposits on application. received for one year or shorter The Bank's Read Office in London periods in Local and other Cur-jundertakes Executor and Trustee concios on term which will be business, and claims recovery of British Income Tax overpaid, on quoted on application.
ALBO up to date: SarK DEPOSIT terms which may be ascertained su Boxes in various sizes To LET.
any of the Agencies and Branches Hong Kong. 28th February, 1940.
R. A. CAMIDGE,
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & BHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAY BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 26th Feb. 1930.
16, QUEEN'S ROAD, CENTRAT
HEAD OFFICE:
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital.....$10,000,000.JO - Paid-Up Capital 5,568,300:00 Reserve and Undivided
Porāts
2,983,261.60
Bead Offer: HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
SIB BEOPRON Cnow, Chairman
| Li Koon Chan, Baq, Li Lan Sang, Esq.
P. K. Kwok, ag
Wong Tan Tong, Esq. Fung Fing Wah Esq. Chan Ching Shuk, aq,
18, PINK STENT""'"'.
NEW YORKKAN Tona Fo, Esq., Chief Manager
Tax Foxo. Eso, Manager
An American Bank offering com
plete Foreign Banking Servi in the principal Markets of the world.
Interest Rates ou. Applications.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHALE NATIONAL BART NEW YORK, with Besources' of or U.5.$2,900,000,000.
D. M. BIGGAR,
·Second Vice Pr
THE MERCANTILE · BANK OF. INDIA, LIMITED
Head Offcor-15, Gracechurch Street, London, EC3
£8,000.00% 21,900,000 £41,080,000
Betaria
BECEDA Dalostia
Branches and Agencies:
Tu Karloos
Looden
Manila
Proang Bingapore
Haspoon Mobaya Balcon
walow
Gydney simon in
Malbora San Fran Nagunka Kêr Tork desitj
Bemarang Anzagtal
COUTEA
Every description of Banking and Exchange business transacted. Losas) {"granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deponite re ceived for one year or shorter:: periods in Local and Foreign Che-. rencies on terms which will be quoted on application.
SAVE DEPOSIT BUxes To LET.
KAN TONG FO,-
Chief Manager.
FOREIGN EXCHANGE and General Banking Businesa transacted.
d
ان
رمجة
Halpboeg
Hankow Banolaly
...Packa
Kobe
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