1940-11-01 — Page 10

Adams Express

Alleghany Steel Co.....

370

Allis Chalmers

Aluminium Ltd,

On demand

59 3/4

„Amer. Can

On Japan:-

NEW YORK. October 30, 1940.

On demand

108

On India:-

SINGAPORE RUBBER

Previous October 30

Close Opening Closing

Amerlean Cyanamid B.

Change

Amer. Foreign Power

Amber Foreign $7 pf. ...

buyers

buyers

Amer. Locomotive

SPOT

38-5/8

38-5/8

Market closed

Amer. Metals Co

Amer. Radiator

APRIL-JUNE

34-5/8

Amer. Rolling Mill

Amer. B'ting and Ring Co.

PAGE 10-HONGKONG DAILY PRESS

FINANCE®

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

OCTOBER 31, 1940.

On London:-

"Telegraphic Transfer: 1/8 7/8

Bank Bills, en demand 1/2 7/8. Credits 4 months' sight

On Shanghai:—

On demand

On Singapore:-

+82 1/2

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG

COMMODITY MARKET REVIEW

Telegraphic Transter.

and demand-

On New York:-

Bank Bills, on demand 22 8/4

Credia, 60 days" sight 23 6/8

| JAN.-MARCH

(FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

OCTOBER 31, 1940.

FRIDAY, NOVEMBER 1, 1940'

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

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

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1888

Reserve Funds:

Paid-Up Capital Sterling

£ 6,500,000 Reserve Fund H.E. Currency Reserve $10,000,000 Reserve Liability of Pro-

..#20,000,000

Head Office:---HONG KONG

Deputy Chairman:

prietors .....

23,000,000

£3,000,000

****£3,000,000

HEAD OFFICE: LONDON: 38, Bishopagate E.C.2 Sub-Agencies In London: 117/129, Leadenhall Street, E.0.1 West End Branch: 14/16, Cookspur Street, B. W 1 Manchester Branch:

ba, Mosley Street, Manchester, 1.

AGENCIES" AND BRANCHER-

HARRIN

PENANG HONA KONO BANGOON

ALOZ STAS AMRITSAR

List Sale

STOCKS

Lart Sale

Reserve Liability of

Proprietors.....

Oct. 30

Oct. 30

Loew's Inc.

231

231

Loft Ecorperated

21

37%

Mack Trick Inc.

28

80*

Martha, Glen L

32

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

94

McKesson & Robbins, pfd,

29+

35)

Montgomery Ward

30.

Chairman. Hon. Mr. J. J. Paterson,

11

M'tain City Copper Co.

91

15*

National Aviation

101

J. K. Bousfield, Esq.,

151

Nat, Dairy Products

138

A. H. Compton, Esq.,

181

National Distillers

201

Hon Mr. S. H. Dodwell,

71

National Lead

181

G. Miskin, Esq.,

K. 8. Morrison, Esq.,

MANGYON

ILOILO

BAIGON

15

Nat, Power & Light

Hon. Mr. 1. E. Pearce,

BATAVIA

ПРОИ

434

National Supply Corp.

61"

•

a. Bobetta, Esq.,"

On Batavia--

On demand

On Paris:-

LONDON RUBBER

Previous close Today's close

Amer. Sugar Retning

14

New York Cential

14

42 3/8

buyers

buyers

Change

Amer. Tel & Tel

1644

Niagara Hudson Power

5

On Manila:-

On Bangkok:

On demand

Bank Bills, on demand Nom. Credits 4 months' sight Nom.

On Saigon:

On demand

On demand

| JAN.-MARCH

SPOT

11-3/4

11-3/4

unch.

Amer. Tobacco “B”

72:

N. American. Aviation ....

17

Hop." Mr. A. L. Shields, Sir-Vandeleur M. Grayburn,

BOMBAY MALAJUTA

TARAGE1 KLANG

SHANGHAI

SINGAPORI

NOVEMBER

11-3/4

2

11-3/4

unch.

Amer, Waterworks

10

North American Co.

20

Chief Manager. | ALAN PL201

DECEMBER

11-13/16

........ 99

45 1/

1401/2

New.

-APRIL-JUNE-

-11-7/8

11:13,16

-11-13/16

11-7/8 11-3/4

unch.

Anaconda Copper

241

Northern Pacific

Brancher:

unch

Atchison, T. & 8, Fe.

17

Owens-linols Glass Co.

53

of 1718

Aviation Corp...

43

Pacific Gas & Bec

29

Amoy

Johore

London

New York

Japan.

Indla

Hongkong

Sterling

.. Sellers

Spuc" Nov.

0/3-7/8

Spot

U.S. Dollars

$6.

$8-1/32

Nov.

5-31/32

8

Market: Quiet,

On Sterling-Notes:-

Bank Buying Rate

Bar Sliver per o..... £3 1/2

Shanghai Exchange

Shanghai, Oct. 31 Reuter).

Official T.T. Rates

Opening

Opening 0/5-13/18 5-7/8 25

21-1/8 N 25-1/4

.. Closing

6/3-57/64 0/3-57/64 0/3-7/8

The market was featureless.

NEW YORK COTTON: Prices"steadied on scarcity of offerings and on encouraging trade reports. There was some foreign buying of distant positions.

CHICAGO WHEAT: Moderate profit-taking and liquidation has con- Near positions are tinued intermittingly. Trading was light. continuing to resist declines while traders are awaiting develop- ments.

NEW YORK STOCKS: Previous close, 132.19; Today's close. 132.93; -

Change, up .79.

NEW YORK COMMODITY MARKET

New York Cotton. Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec. New York Hides, Dec. NEW YORK COTTON,

Deċ. (New contract)

Bendix Aviation

Baldwin Lecometive

Packard Motary

Bangkok

Kobe

Rangoon Saigon

Batavia

Kowloon San

Baltimore & Ohio

41

Pan-American Airways

161

Bombay

Kuala

Barber Asphalt Co.

10

Paramount Pictures

Francisco BAMBÚRG

81

Calcutta Lumpur Shanghai

Barnsdall of .....

92

Pennsylvania F.R.

24

Canton

London

311

Philadelphia Read, Coal

*

Chefoo

Lyons

Bethlehem Steel

853

Philips Petróleum

381

Colombo

Bilas & Co.

14

Public Service of NJ.

311

Dairen

Boeing Airplane Co.

181

Pullman Ine............................

263

Foochow

Borg-Warner

201 -

Pure of

ค

ELaipnony

Bankow

Briggs Mig.

243

Radio Corpn. of Am.

"St

Harbin

Budd M'facturing Corp.

5

Reading Company, Com

14

floilo

Canadian Pacific R'way

31

Remington Arms Co., Inc.

51*

Ipoh

"Case, JI ......

541*

Republic Aviation Corp. ...

51

Celanese...

28

Republic Steel

201

Chesapeake & Ohio

421

Revere Corp.

(REUTER'S SERVICE)

Chrysler Corpn.

83

Reynold Tobac. "B"

341

841 83 602

83)

Prev. Today's High___Low__Close Close Change

9.55 9.55 9.50 9.50 20.30 20.30 20:27

20.306,03 up off

Columbia Cang & Kec.

to

Safeway Stores

43

Commercial Credit Co.

.314

Schenley Distillers

101

קג. 05.

Com, & Southern (Ord.)

11

Sears Roebuck

791

Consolidated Edison' wom

26...

Shell Union où

10

Box in various sizes To Lar

831

Consolidated Of

51

Secony-Vacunam Qil

Hong Kong. 28th February, 1940.

59

601

591

14 of

Continental Can

373

Southern Pacific

BR

Singapore. Sourabays Malacca Sungei Manila Patani

Swatow Muar

Johare) Tientsin Mukden

Tokyo

New York Tsingtao Peiping Yokohama "Penang

#

GO T

HANKOW

NEW YORK

PRIPING

(Peking!

$2TIAWAN

SCURADATA TAIPING

TIENKIN TONGKAR - *

(Bhuket). IDINGTAO

TOKOHAMA

FORLIGN EXChanor and General " Banking Business transacted.

CURRENT Accounts, opened........ and FIXED DEPOSITS received for. One Year or shorter periods in Local or Other Curranoïen at rates. which will be quoted on application.

SAVINGS ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.

CURRENT ACCOUNTS opened in LOCAL CORRINOT and FIXED DEPOSIT received for one year or shorter The Bank's Head Office in Londoà periods-in-Local and other Our undertaker Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on quoted on application..

ALBO up to date SATE DEPOSIT | terms which may be ascertained" st

any of the Agencies and Branches. R. A. CAMIDGE,» » Manager.

AGENCIES: KO CLITE "STREKT

KUALA

CANTON DAWKPORE

GAS D

LUMPUR KUCHING

MIDBAR

COLOMBO

MANILA

-

MIDAN

HAIPHONG

12.55 12.32

.12.60

12,326 .28 off

Continental Oil

18]

Southern Rly $5 pfd.

211.

Close

9.50/51

Opening

9,51/51

Calentta Exchange

January

March

May..

July

Calcutta. Oct, 30 (Reuter).. TT on Japan. 81-1/4.

October Spot

4

9.49 N

9.41b/440

Closing

9.55/55 9.480

Change

Copperweld Steel

204

Spicer Manufacturing Co. 32*

Curtiss Wright (C)

72

Standard Brands ....

.05 up

Curtiss Wright "A"

281

Stand Gas & Elec.

11

.05 up

Deere & Co.

21

Standard Oll of California

18

9.49/49

9.50/50

9.62/53

.03 up

Distillers Corpn. Seagrams

17t

Standard Oil of N.J.

....:

352

9.40/40

9.40/40

9.43/43.

.03 up

Douglas Aircraft

882

Stone & Webster

87

9.21/22

9.23/22

9.24/24

03 up:

Do Pont de Nemours

170

Studebaker Com.

84

") ...... 8.76/78

8.80/81

8.79n

.03 up

Eagle Picher Lead

91*

Swift International

18

9.53 N

9.58n

05 up

Eaton Mig. Co.

35

Technicolor

9

Offtake 50 bars.

SILVER MARKET

LONDON SILVER London, Oct. 30 (Reuter). Silver-Little general buying. Business very small Market quiet- ly steady. In the afternoon.. the market was quietly steady with no business.

Spot, 23-1/2d.

Forward, 23-7/16d.

BOMBAY SILVER

Bombay, Oct. 30 (Reuter

Market-Steady.

Total sales Tuesday:-51,800 bales. NEW YORK RUBBER

December January March May

Elec.Autolite

37

Texas Corpn.:

364

Elec Bond & Share

61

Texes Gulf,, Sulphur

341

Elec. Bond & Share $5 pf.

62}*

Timken-Axle ......

284

20.27/27

20.02b 19,83b 19.74b

20.20b/45a 20.30b 19.05b/20.20a 20.05b

19:85b/90a 19.00/90 19.75b/80a 19.77/77

.03 up

Elec. Band & Share $6 pf.

711

Trans America Có.

5

.03 up

Elec. Power & Light $7 pt.

39

20th Cent, Fox

51

07 2

Flintkor

173

Union Bag & Paper Corp.

124

..03 up

Geri. American Trans.

404

Union Carbide & Carbon

74.

Total sales:-220 tons. CHICAGO WHEAT

Gen. Hectric'

244-

Union Pacific

82

Gen. Motor

501

United Aircraft

407

December May

833/831 831/831 831/831 824/821 821/822

Gen. Railway Signal

151

United Airlines Trans

181

off

Gen. Tire & Rubber

12

United Corpn.

21

82)/821

1 off

Glidden Co.

141

United Corp. $3 cum pt.

331

Tuesday's sales:-10,926,000 bushels. CHICAGO CORN

Goodrich (B.F.)

131

United Gas Corpn.

1

Goodrich $5 pt.

572

United Gas Improvement 113

December May

600/601 604/601 612/61

617/619

591/59 592/591

11 off

Goodyear Tire & Co.

181

U.S.. Industrual Alcohol ...

221

13 off

Great Northern Iron Ore

154

U.S. Rubber

22

Indian Mint Silver

Great Northern Rly, pfd.

28

US. Rubber £8 pfd;

80

||

WINNIPEG WHEAT

Great Western Sugar

201

U.B, Smelting

60

Ready..

61-06

October

701/70%

701/701

Nov. 26 Settlement

81-07

701b

1 off

Greyhound Corpn.

117

U.8. Steel

851

61-09

NEW YORK HIDES

December

4.441 4,441

4,961

Government)

(Figures in Lakhs of Rupees).

Dec, 27 Settlement

RESERVE BANK OF INDIA STATEMENT

Calcutta, Oct. 30 (Reuter}.

Oct. 18 Oct. 25

Notes in circulation

(including Notes held in the Bank-. ing Department). 25,696 25,715

Rapee Coin and Bul-

lion in India Gold Coin and Bul-

Ilon in India

(Indian

Securities

Government)

Securities (British

3.142 3,162

March

Total sales for the day:89 contracts.

NY Official Silver...... 34-3/4 NY-London Cross Rate 4.04

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

are subject to confirmation and no Jap. 6% Ster. Loan, 1924 23 13.150 13,150 responsibility is assumed for errors Ger. 7% Intl. 'Loan, 1923 5

Hercules Powder Co.

754

Vanadium

351.

Homestake Mining

484

Vultes Aircraft

87

12.60/60- 12.45/45

12.55b/70a 12,32b/40x 12.38b/55a 12.22b

29 off

Int Nickel.

271

Walworth Co.

51

23 off

Inter. Paper & Power"

15

Warner Bros. Pict.

21

Int. Tel & Tél.

21.

Westinghouse Elec,

108

34-3/4" 4.03-1/2

Kennecott Copper

331.

Woodward Iron Cor.

314

Lakey Foundry & Mac....... Libbey-Owens-Ford Glas 44) Lockheed Aircraft

41

Chase National Bank National City Bank

324*

284

DOW JONES AVERAGE.

1940

High

London, Oct. 30. The following quotations are 'the middle prices at the close of the 4,961 market in London. All quotations

Tientsin-Pukow Rly. 5%

(Brit. Stpd. Supl Loan) 8 Tientsin-Puków Rly, 5%

32.67 92.16 20

20.45 18.03 20

Low Dow Jones Averages 152.80 111.84" 30 Industrials

Rails Utilities

Oct. 29,

132,19

2812

קס 24.

92 49

22.81 22.50 -22.74

.95 up

(Ger. Stpd. Supl, Loan)

8-

90.61 83.06 40, Bonds

89.76

89.87

64.07 48.47.11

Commodity Index

55.13

61.03

Al up 20 of

Business Done-670,000 shares

N

in transmission:

Chartered Bank

61

LONDON METALS

EXCHANGE

London, Oct. 30 (Reuter).

Tin, Standard, Cash, Middle Price, 259-3/8.

Tin, Standard, 3 months. Middle Price, 281-3/4.. Market quiet.

LONDON STOCK EXCHANGE

LONDON, Oct. 31 (Reuter

The London Stock Exchange was quiet yesterday ana generally imaginess was. Umited.

Loan Glit-edged Honan Riy, 5% securities was fractionably higher Hukuang Rly 8%, 1911...

̧·(L.P. N/Y Issue) and certain Industrials were sup-

ported while sinking fund pur-3ukuang Kly, 5%, 1911 chases sided Brazilian Bonds,

Trinidad olls hardened. Wall Lung Taing & U: Hai

HK. & S'hal Bank (Ldn.

Reg.)

War Loan. 31% (Red,

after 1952) Janton-Kloon

Chinese 41% Go.

101 5% e рап

EK & Shal Hant-(Cal.

Reg)

87

Chinese. Eng. & Mining

(bearer

14/

1898 (Brit. Issa Chinese 5% Gold onds.

1925-47

30

Chosen Corporation.....

4/--

Pekin Syndicate

2/-

36

B'haf Elec. Conetr, Co...

15/-

Chin. 41% Anglo-French

Bhai Waterworks "A"

.134

Loan, 1908

44

Union Insurance

20

TOL

Chinese 5% Crisp Loan.

1912

Gula Kalumpang Rubber 13/9

12

B-A. Tob. (bearer).....

82/0

[Chinese 5% Reorg, Loan,

Mercantile Bank

101

1913 (Ldn. 18.)

18

Dunlop Rubber

30/3

|

Chinese 8% Ster. Notes,

*1925 (Vickers)

Bristol Aeroplane

9/71

Imperial Chemical Ind. 27/3

Chin. Imperial Aly. 5%

United Steel

18/9

41

Woolworths

57/6

All steamers berth alongside

10

Margnan- Investments ...

7/8

the Roosevelt Terminal in

Western' Holdings

the French Concession at

8/9

Sub-Nigel

100

Shanghai, where passengers

Shell Trans, & Trad.

and cargo are landed. ---

German Issue)

(bearer')

34742

For further particulars

Nat Defence Bonds, 3%

101}

Street was quietly steray.

LONDON GOLD

Rly, 5% 1913

Loriden-Midlands-Boot-

S'hal-N'King Rly. 5%

12:

tish, 3%

· 134

London, Oct. 30 (Reuter). Bar Gold, Fine per oz., 168)

Tientsin-Pukow, Rly, 5%

(Brit. 8tpd.) Tientsin-Pukow Riy, 5%

(German Stpd.) ****

¡Great Western · Rall-

way, 3%

Nat Bank of India. 1

*————bid.

t-ex

·393 20

please apply to

JARDINE E MATHESON&Co.,LTD. TELEPHONE SOJIL - GENERAL MANAGERS

Oct. 31, 1940. High Low Close 133.43 13499 132.95 29.01 28.65 29.00

274*

Change

.79 up

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COB PORATION. Bules may be obtain- ad on application:

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1939.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

A

HEAD OFFICE:

PINE STREET,

NEW YORK An American Bank offering com plete Foreign Banking Barvic in the principal Markets of the world. Interest Rates on Application.

SAKE DEPOSIT BOXES..

This Bank is entirely owned by

CHASE TK

BANY NATIONAL NEW YORK, with Resources of ornf U.S.$1,900,000,000,-

D. M. BIGGAR,

Second Fice Pr

A job?

WANT ADS

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

BANK OF EAST ASIA, LIMITED

Authorised Capital $10,000,000.00 Paid-Up Capital 5,598,000.00 Reserve and Undivided

Profita

2,003,231.18

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

Board of Directors:

SIR SHOTSON Oнow, Chairman

Li Lan Hang, Esq. Li Ko Chun, Eaq, P. K. Kwok, Esq. Wong Chu Son, Esq. Wang Tan Tong, Eng. Kan Ying Po, Exkl. Chan Ching Shak, Kaq, Fang Ping Wah Bag KAN TONG Po, Esq., Chief Manager LI TH FONO, Esq., Manager.

Branches and Agencies:--

Loud.com

Blogspore Banroon Bourabays

Manila Madalyon Explow

Halboturna – San Fran. Sydney Semaka

Peiping

ין

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

Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will he quoted on application.........

SAFE CEPOSIT Borrs To LET.

KAN TONG PO,

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 ko`our. Clients special facilities for Domestic and Foreign Banking and Exchange.

Head" Omes:-BHANGHAI Hong Kong Branch: QUEEN'S ROAD, C.

·South China Offices:

KONGMOON. TUISHAN

UANTON

SWATOW SHIUCHOW

· KINGCHOW We also handle the issue of Bonds and other Publio. Funds of the Chinese Government both at Home land. Al fond

BHOD

Manager

Koreioan

Amay

Batavia

Bombay

Onicatta

Haiphong

disno Tianwila

Bankow

| Mitoplula

New York SeaLIJA: Paris

abs

Betty Stanghal