1939-11-30 — Page 10

253

68 3/4

103..

SINGAPORE RUBBER SPOT

Nov. 27

40-3/8

New York, November 28.

Nov, 28 buyers 40-1/8 buyers

JAN.-MARCH

38-7/8

APRIL-JUNE

36-5/8

38-5/8 *36-3/8

Close

December

-9,68/70

N 19'6

9.43/48"

May"

9.26/27

Market Report

FROM ROZA BROS. Silver prices dropped 1/8 yester- day for both deliveries, the quota- tions being 235/16 for Ready and ad- 23,7/16 for Forward, Hilver vices reported India and Specula- tors as having sold. India bought to a small extent. The market

NEW YORK COMMODITY MARKET: (By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)

New York Cotton, Dec. New York Rubber, Dec: Chicago Wheat, Dec. Chicago Corn, Dec.

was steady and closed with sellers New York Hides. Dec. at 1/16 over the quoted rate.j

American Silver was quoted at 34. NEW YORK COTTON

3/4 for Bpot.

The London/New York cross-rate January

New York/March

was quoted at

402.

London was quoted at 392.1/4.

Borg-Warner

| Brooklyn-M'hattan Tranz. 13

Brooklyn-Manhattan $6-

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 29, 1939

On London:-->

› Telegraphic Trabater. 1/2 7/8 Bank Bills, on demand!/2 7/8 Credits & months' sight 1/3 1/4

On Shanghal-

On demand

On Singapore:-

On demand

On Japan:-

On demand

On India:-

Telegraphic Transfer. 182 38

and demand. ................................).

On New York-

Bank Bills, on demand 24 1/4 Credits. 60 days' night 25

PAYNE & CO.

COMMODITY BROKERS. STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

The market was quiet,

COTTON: Prices advanced eastly on domestle December tenders and Southern hedging were off-set by buying and

Cotton cloth sales were encouraging. covering.

RUBBER: After an initial firmness on the strength of the primary, markets, the market reacted on large tenders and dealer selling There was some support on the scale down, but buying was not impressive.

On Batavia:-

On demand

45" 1/8

On Paris:-

Bank Bills, on demand 1:90

Credits 4 months' sight 1145...

Un Saigon

On demand

108 1/3

Un Manila:-

ย

On demand

On Bangkok:-

On demand

149 1/2

Starling Notes:-

Bank Buying Rate

Har Silver per oz.

1/3 3/4 93- 5/10

NEW YORK STOCKS: 148.31 Change, on 28.

NEW YORK STOCK EXCHANGE

STOCKS

Adams Expresa ----

Alleghany Steal Co. Allied Stores

Allis Chalmers

Aluminium Ltd

WHEAT: The market was firm under the influence of strong ............48 1/8 foreign markets and better cash demand. No indication of drought Barber Asphalt Co

relief is also a substaining factor. The strength of the Canadian market is attributed to good exports.

Barnsdall Of

Bendix Aviation

QUOTATION

BANKING CORPORATION

Last Bale Nov, 28

81

Eskey Foundry & Mac..

NOVEMBER 29, 1939.

STOCKS

Last Bale

Nov, 28

4

Authorised Capital....... 880,000,000

Reserve Funde :

221

Libbay-Owens-Ford

Class

523

10

Lockheed Aircraft

29

........... 8:20,000,000

THURSDAY, NOVEMBER 30, 1939.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1889

Paid-Up Capital £6,500,000 Reserve Fund

£3,000,000

£3,000,000

priators .....

£3,000,00%

HEAD OFFICE: LONDON:

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

Proprietors

39

Loew's Inc.

341

Head Office: HONG KONG

101

Mack Truck Inc.

234

Amerada Corp.........

Manhattan Shirt Co.

Amer, Can.

111

Martin, Glen L

381

American Cynnamid B

321

McKesson & Robbins, pid

Board of Directors: Hon. Mr. A. E. Shialds,

Amer, & Foreign Power

2+

Monsanto Chemical

3053

Amert & Foreign #7 pt....

271

Montgomery Ward

5-17

Change of 1/4

American Gas & Elec

38

|National Aviation

12

Amer. Locomotive

22

Nät. Dairy Products

16

M

L!

Amer. Metals Co

24+

Nat, Distillera

233

17

Amer. Radiator..............

10+

National Gypsum.....

11

| Amer, Rolling Müll

171

National Lead

201

Trade buying.

Amer, S'ting and Ring Co. · 51 Amer. Sugar Refining Amer, Tel. Tel......... Amer. Tobacco "5" Amer. Waterworks .... Anaconda Copper Atchison, T. & S. Fe. Auburn Motors ... Baltimore & Ohio

Nat. Power & Light

8

X. S. Morrison, Esq.,

20

National Steel Corp.

731

Hon. Mr. T. E. Pearce.

1694"

Nat. Supply Corp.

H. V. Wilkinson, Esq-

9

་***ས་་

82)

New York Centrai

181

Sir Vandeleur M. Grayburn,

111

Niagara Hudson Power

7

Chief Manager.

311

N. American Aviation

2+1

Branches:

264

| North American Co.

221

3

Northern Pacifie

91

Amoy Ipoh

重

Owens-Illinois Glass Co.

61

Bangkok Johore

Batavia Kobe

Penang Rangoon Saigon

W. H. Lock, Esq.,

Chairman.

Deputy Chairman,

J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, D. F. Landalo, Esq.,

G. Miskin, Esq..

38, Bishopsgatë E.0.9. Sua-Agencies in London: 117/19, Leadenhall Street, E.C.3 West End Branch:

14/16. Cookapur Street, 8.W.1. Manchester Branch; 52, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES:

ALOR STAR AMRITSAR BANGKOK BATAVIA

BOMBAY

DALCUTTA

LANGOON SAIGON

HARDIN

PENANG

ĐỒNG LONG ILOILO

IPOE

SEREMBAN

KARACHI XLANG

#SHANGHAI

SINGAPORE

KUALA

AGENCIES: KOBE CLITE STAUNT FAIRLIE PLACE CANTON" CAWNPO RE

BITIAWAN SOURABAYA

LUMPUR KUCHING MADBAS

TAIPING

TIENTSIN

TONGKAR

MANILA

(Bhuket)

MEDAN

EMBL

COLOMBO

152

Pacific Gas & Elec.

327

Bombay Kowlood

San

121

Pacific Lighting

43.....

Calcutta Kuala

Francisco

281

Packard Motors

34

.

Canton Lumpur Shanghai

Previous close. 146.59; Today's close, Bethlehem Steel

811

Paramount Pictures

B

Chefoo

Bliss & Co. ........

16

Pennsylvania R.R.

227

Colombo

Boeing Airplane.Co.

224+

Phelps-Dodge .......

387

Dairen

Sungei

211

Phillips Petroleum

401

Biggs M'facturing

221

3

Pittsburg Coke & Iron

81*

Public Service of N.J........

404

45

Pullman Inc,

338

Canadian Facile Rway,

#1

Pure Oll

9

1

谗

"Prev. To-day's

High Low Close Close Change

9.80 9.71

9.76 P.68

.03 up 20.43 20.18

.19 off 20.37 20.18 881 88 877 883 I up 51 504 50+ 50% 7 up 14.10 14.00 13.98b 14.00

.02 up

Case J. L........ Celanese

697

Radio Corpn. of Am.

51

Iloilo

25

Reading Company, Com

17

Chesapeake & Ohio

423

Reading Company, 1st píd

28*

Chrysler Corpn

843.

Remington Arms Co., Inc.

44*

Climax-Molybdenum Co.

461

Republic Aviation Corp.

51

Colts Patent Firé-Arms

851*

Republic Steel

223

Columbia Gas & El

BL

Reynold Tobac. "B"

391

Columbia 8% "A" pí.

B5

Richfeld Oll .....

81

Opening

Closing

Change

Commercial Credit Co.

46

Safeway Stores

401

9.72/71

9.78/76

.08 up

Com.'& Southem (ord) ..

11

Schenley Distillers

138

9.67/69

9.71 N

קנר 07,

Colmonwealth $8 cum, pfd.

Schenley Distillers $54 pfd

9.52/53

9.57/59

09

Consolidated Edison

up

301

Sears Roebuck

811

9.31/31

9.33/34

.07 up

Consolidated Oll

71

Shell Unlon Oil

131

BANK

July

3.91/94

8.97/97

8.96/96

.02 up

Continental Can

421

Socony Vacuum Oil

121

Y

Quiet.

Market

Sterling

July (New contract) October, (New Cont.) Spot

9.0 '08

8.43/48

9.15 a 8.50/50

9.13 a

.05 up

Continental Ofi

231

Southern Pacific

16

9.89 N

8.47/47 9.97

.01 GM

Com Products

84

Bouthern Rly $5 pfd.

344

,08 up

Curtiss Wright (C.)

10

Sperry

453

December

March

There were sellers at 1/2.31/32 November/January and 1/2,15/18

Note: December cotton, last notice day:-15/12/39.

buyers at 1/3 NEW YORK RUBBER

February/March,

Cash and 1/2.31/32 February.

U.S. Dollars

Curtiss Wright "A"

30

Spicer Manufacturing Co.

301*

Deere & Co.

214

Standard Brands

51

Distillers Corpo. Seagrami

177

Stand Gas & Elec.

24

Douglas Aircraft ........................

751

Standard Oll of California

257

July

sellers

WINNIPEG WHEAT

July

NEW YORK HIDES

December

March

June

There were sellers at 243/8 May November, 21.3/16 December and July 241/8 January, small buyer at September 24.7/16 Cash, 24.5/16 December and. 24.3716 January.

Note: December rubber, first notice day:-28/11/39 last notice day:-27/12/39.

Shanghal Dollars Sellers at the opening were quoted at 308 for Spot. Subse- quently the rate rose to 309 and December

at the close sellers were quoted May at 306.

Shanghai Market

Sterling opened with sellers for CHICAGO CORN Spot at 4.13/15. "Subsequently the

market steadied up to 4.27/32 and December

at the close Sterling was again May

quoted at 4.13/16 sellers for Spot. July

U.S. Dollars opened with

for Spot at 7.27/32. Subsequently

the market steadied to 7.29/32 and December at the close sellers were quoted at May 7.27/32 for Spot.

"

Shanghai Exchange

Shanghal, Nov. 29 (Reuter).

Official T.T. Rates

20.37/39 20.43/43 19.37/37 19.50/48 18.68b/69a 18,75/70

20.18/18. "19,19/19

.19 of

Du Pont de Nemours

178

Standard Qn of NJ..

451

.18 of

Eagle Picher Lead

12)

Stone & Webster .....

114

18.45/45

23 of

Eaton Mfg. Co.

201

Studebaker Cöm.

81

18.25/25

18,006/03a

18.30b/40a 18.05/05

17.75b/90a

,20 off

Elec. Autolite

371

Swift International

301

25 off

Elec. Bond & Share

8

Technicolor

128

BANK OF EAST ASIA,

Elec, Bond & Share $5 pl.

Texas Corpn.

48 --

Elec. Bond & Share 38 pi.

B&

Texes Gult Sulphur

341

LIMITED

17

Elec. Power & Light 57 pi.

314

Trans-America Co.

61

Total sales for the day:-1.750 tons.

CHICAGO WHEAT

Flintrote

211

20th Cent. Fox.

Authorised Capital....$10,000,000.00

13+

Gen. American Trans.

Paid-Up Capital

534

20th Eent. Fox. $lý pí.

Beserve and Undivided

Gen. Electric.

391

Union Carbide & Carbon

852

Profits

5,598,600.00

2,883,933.01

88/87@

86/881

88/881 801/881

831/84

94)/841

881/831 .871/87. 85/85)

up

Gen. Motors

531

Union Pacific......

1001

11 up 11 up

Gen. Railway Signal

10}

United Aircraft ....

451

Gen, Tire & Rubber

221"

United Airlines Trans.

133

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

Monday's sales:-10,243,000 bushels.

Glidden Co.

18

United Corpn.

21

Goodrich (B.F.)

213

United Corpn. $9 cum. pf.

381

Board of Directors:

Goodrich $5 pf.

66

United Gas Corpn......

17

"

501/50+

501/50

501/51

up

Goodyear Tire & Cn.

241

United Gas Improvement

144

524/521

523/521

53/527

up

Great Northern. Iron Ore

18

Revere Cop. & Brass Inc.

15

53/527

531/53)

+ up

Great Northern Rly, pid.

277

ÚB, Industrual Alcohol.

211

Great Western Sugar

UB. Rubber

39

Greyhound Corpn.

181

UB. Rubber 38 pid..

1124

70/701 75. A 781b

703b

721/721

21 up

Hercules Powder Co.

87

U.S. Steel

671

701/77 781A

11 up

Homestake Mining

581

Vanadium...

341

2 up

International Harvester

59%

Walworth Co.

61

Amby

Bateria

Int. Nickel

38

Warner Bros. Pict.

4

Int. T»l & Tel

41

Westinghouse Hec.

112)

Jalousta

Haiphong

Samaaka-

13.98b

13.90b/14.15a 14.00/00

.02 up

Johns-Manville

74

Woodward Iron Cor.

25

Hankow

14.30/31

14.50 N

14.38/33 14.63/83

* 14.30/33

unch.

14.55 n

.04 of

J. & Laughita Steel $7 pła. 721- Kennecott 'Couper

Hozalnia

New York Bualtie Paris

Vancouve

381

Chase National Bank. National City Bank

344* 20%

Lobe

Felping

Bemarang Shanghal

0/4-1/2

New York, Official ......

34-3/4

34-3/4

7-5/18

NY-London Cross Rate 3.92-1/2`

3.92-1/4

•-bid.

31-1/8

-ex, div. DOW JONES' AVERAGE

24-7/8

3.30

Hizb

29-7/8

Opening

London Singapore

Lyons Sourabaya

Malacca

Foochow Manila

Haiphong Muar

Patani Swatow

Hamburg (Johore) Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Hongkow Peiping Yokohama

NEW YORK PEIPING

(Peking)

RINGTAO

YOKOHAMA

FOREIGN EXChanor and General Banking Business transacted.

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

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable

QURAENT ACCOUNTS opened in on application. LOCAL CURRENCY and Fixed Deposits The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in. Local and other Gur business, and claims recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at

Atac up to date SAFE DEPOSIT aay of the Agencies and Branches. Borks in various sizes Tỏ Lr.

R. A. CAMIDGE, Hong Kong, 25th September, 1939.

Manager.

HONGKONG SAVINGS

The Business of the above Bank 18 conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain- ad on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION,

"V. M. GRAYBURN,

Chief Manager.

Hong Kong, 25th Feb., 1939.

Sir Shanson Chow, Chairman.||

Li Koon Chan, Esq. Li Lan Sang, E. P. K. Kwok, Esq. Wong Chu Son, Esq. Wour Tan Tong, Esa. Kan Ting Po, Kag. Chan Ching Bhek, Esq. Fang Fing Wah Bay

Kan Tong Po, Esq., Chief Managar. Li Tee Fong, Esq., Manager. :

Branches and “Agencias :—

Karloan..

Panang Bingapore Loudon Hangoon Bonbays

Swatow

Bombay Manila

Melbogrus -Ban Iran- Syd

laoa

Every description of Banking and Exchange business transacted. LosaI granted on approved securities.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK. An American Bank offering com-

plete Foreign Banking Service in the principal Markets of the world, Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANE, New York, with Resources of over U.S.$2,500,000,000."

D. M. BIGGAR,

Second Vice Pri

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 to our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Office:"SHANGHAI "Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

CANTON

KONGMOON TOISHAN

KINGCHOW

Current Accounts opened in Loes SWATOW Currency and Fixed Deposits re SHIUCHOW ceived for one year or shorter

We also handle the issus of Bonda periods in Local and Foreign Cur and other Public Funds of the rencies on terms which will Chinese Government both at Home

L

DELHI

HAIPHONG HAMBUKO HANKOW

London

<New York

Japan

India

Paris

1939

Spot

Dec.

Spot

$7-27/32

Nov.

7-27/32

Dec.

7-23/32

$7-27/32 1-27/32 7-3/4 Market: Quiet but steady.

ן

Merchant Rates

Sterling, 0/4-3/4,

Silver Duty Eato

US. Dollars, $7-3/4.

The Central Bank of China's Chinese 5% Gold Bonds.

rate on London at 10 am, today

was 1/2-1/2d., unchanged from yesterday.

The Equalisation rate was 23-1/2 per cent.

New York Exchaner

New York, Nov. 28 (Reuter), TT, on London (Opening Rate). 3.82-1/4.

India Rupee Paper

Bombay, Nov, 28 (Reuter). Govt. 31% Rupee, 87-0-9

Calcutta Exchance

Calcutta, Nov. 28 (Reuter). ITAT. on Japan, 80-5/#.

1925-47. Chin. 44% Anglo-French

Chinese 6% Crisp Loan,

1912.

Chinese 5% Reorg, Loun,

1913 Lda. Is.)

Chinese 8% Ster, Notes,

1925 (Vickers)

Chin. ImperialTM Fig. 5%

Loan

Tonan Rly. 5%

War Loan, 31% Red

after 1952) Canton-K'loon Rly. 5% Chinese 41% Gold Loan

1898 (Brit. Issue)...... 55

Hongkong

Nov.

• Sellers Opening Closing 0/4-13/16 0/4-13/16 0/4-13/16 0/4-13/16 ...... 0/4-51/64 0/4-51/64

U.S. Dollars

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

(German Stpd.) Tientsin-Pukow Rly, 5%

The following quotations are the Tientsin-Pukow Rly. 8% 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.

London, Nov. 28.

£

· (Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%

"(Ger. Stpd, Supl. Loan) 14 Jap. 5% 8ter, Loan, 1907 47 Jap, 6% Ster, Loan, 1924 551 Ger. 7% Intl. Loan, 1924 64 Chartered Bank

Low Dow Jones Averages. 155.92 191.44 30 Industrial-

35.80 24,14 20 Baile

57,07 20.70 20 · Utilitus

Nov. 29, 1939. Nov. 27, "High Low Close 148.59 -149.85 148,02 148,31 :32 86 33.34 39.81 32.85 20.40 25.48 25.23 25.35

22.22 84.51 40 Bonds

89,87

40.53 45.69 11 Commodity Index $6.19

14

89.81 58.37 Business Doue :-830,000 shares

Change .28 off .01 off .05 off 06 of 25 up

quoted on, application.

14

Guinness (A) Bon & Co. 28/6 Hawker Siddeley Airc....

18/3

Bristol Aeroplane

15/10

Imperial Chemical Ind.

31/-

8

Imperial Tobacco-

118/9

921

17

LK. & 8'hal Bank (Lán.

Reg.)

Marks & Spicer "A" ord.

51/10

83+

Rolls Royce

97/6

H.K. & B'bai Bank (Col.

Reg.)

Leyland Motors

88/3

85

Tate & Lyle .....

57/6

TO...

47

Chinese Eng. & Mining

(bearer)

Turner & Newall

73/4

18

United Steel

21/7

Chosen Corporation

8/6

Smethwick Drop Forg...

13/3

Loan, 1998

8. N 8

Pekin Syndicate.............

Armstrong Stevens, ord. B/-

Shai Elec. Constr. Co.

12/6

27

Shal WaterE/TICE. ”A”.....

31 Union Insurance

11 23

Pressed Steel, com. Vickers, ord.

14/7

18/10-

Woolworths

KAN TONG PO,

Chief Manager.

and Abroad.

SHOU J. CHEN,

Мовадет

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO“

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

SAFE DEPOSIT BOXES TO Lar.

S

Gula Kalumpong Rubber 20/7. Allled Ironfounders...... 15/3 Asso, & Elec. Industries 40/- Austin Motors, ord..... 16/3 Cable Wireless, Now

Form, ord...

Rub. Plant, Invest. Trust 33/- Burma Corporation ... 10/10 Commonwealth Mining - Matsman Investments.... :15/~). Randfontein Estates: 38/11 Western Holdings 11/7) Sub-Nigel A

201/3 Tanami Gold Mining.... 3d Anglo-Iranian

21/17

4444

55

'15

Hukuang Rly. 5%, 1911 Hukuang Rly. 5%. 1911

(Cerman, Issue) Lung Taing & U. Hal Rly."

5% 1913.ss S'hai-Ning Rly, 5%. Tientsin-Pukow Rly: 6%

(Brit. Stpd.)

17

B.-A. Tob. (bearer)

531 95/-

Mercantile Bank

11

116

Cammell Laird, ord.

8/6

Mexican Eagle

7/1

Courtaulds

33/9

Distillers

077-

Shell Transvaal, Tradi.

Dunlop Rubber:

27/0

·89/6

Gen. Electrió (England) | 75/3

-Nominal

Burmahal... 81/102.

(bearer)

For further particulara

please apply to

Anglo-Dutch

28/9

JARDINE MATHESON&CO.LTD.

TELEPHONE ZOZIL - GENERAL

NAGERS

Page 10Page 11