1940-11-02 — Page 10

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Adams Express

Alleghany Steel Co.

War Loan, 31% (Red,

after 1952)

Allis Chalmers

1011

Aluminium Ltd,

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

LONDON STOCK EXCHANGE

(REUTER'S BERVICE)"

London, Oct." 31.

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.

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

NOVEMBER 1, 1940.

SATURDAY, NOVEMBER 2, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... 850,000,000

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1855

Reserve Fundi:"

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

Sterling....

.£3,000,000

Reserve Liability of

Last Sale

STOCKS

Last Sale

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

prietors

£3,000,000

Proprietors....

$20,000,000

Oct. 31

Och, 31

HEAD OFFICE: LONDON:

Loew's Inc.

371

Head Office:-HONG KONG

241

Loft Incorperated

371

Mack Truck Inc.

281

80°

Martin, Gerì L.

324

NEW YORK. October 31, 1940.

Janton-Kloon Rly. 5%

Amer. Can

94)

McKessun & Robbins, "pid.

294

SINGAPORE RUBBER

SPOT

JAN.-MARCH

APRIL-JUNE

Prévious October 31

Close Opening Closing buyers buyers 38-5/8 38-5/8 36-5/8 36-5/8 34-5/8 34-5/8

Chinese 41% Oold Loan

American Cyanamid B.

Montgomery Ward

...

391

Hon. Mr. J. J. Paterson,

Change

1898 (Brit. Issue

Amer. & Foreign 'Power

M'tain City Copper Co.

Chinese 5% Gold Bonds,

Amer & Foreign $7 pf.

154.

National Aviation

J. K. Bousfeld, Esq.,

38-3/4 36-7/8 34-3/4

up 1/8 up 1/4

1925-47

Amer. Locomotive

· 181

Nat, Dairy Products

131

A, H. Compton, Esq

Chin. 41% Anglo-French

Amer. Metals Co.

171

| National Distillers

201

Hon. Mr. S. H. Dodwell,

up 1:8

Lean, 1908

Amer. Radiator

| National Lead

184

G. Miskin, Esq.,

The market was quiet.

Chinese 5% Crisp Loan.

Amer. Rolling Mill-

16!

| Nat, Power & Light

K. 8. Morrison, Esq.,

1912

Amer. S'ting and Ring Co.

437

National Supply Corp.

LONDON RUBBER

Previous close Today's close

buyers

Change

Chinese 5 Reorg. Loan

Amer. Sugar Reining

New York Centaàl

151

1913 (Ldn. Is.)

Amer. Tel & Tel.

185)

Niagara Hudson Power

51.

8 P. O T

NOVEMBER

DECEMBER

11-3/4

unch.

Chinese 8% Ster. Notes,

Amer. Tobacco “B”

721

N. American Aviation

171

11-3/4

1925 (Vickers)

Amer, Waterworks

101

North. American Co...*****

201

11-13/16

JAN.-MARCH

APRIL-JUNE

11-7/8 11-3/4

Chin. Imperial Rly, 5%

Loan

Anaconda Copper

Northern Pactic

Atchison, T. & 8 Fe.

171

Owens-Illinois Glass Co.

Honan Rly $9

Aviation Corp.........

Pacific Gas & Elec

Amoj

Bangkok Kobe..

The market was idle.

Hukuang Ris 5%. 1911..

....

Baldwin Lecometive

171

Packard Motory"

Batavia

Change up 1,83.

NEW YORK COTTON: December position was steady due

strength of Spots. Distant positions showed firmness on Bom-- bay and Far Eastern buying.

NEW YORK RUBBRE: The LRR.C. meeting will be held on Nov.

19. to consider, the quota for the first quarter of 1941. CHICAGO WHEAT: The cash position remains firm. The advance

was augmented by mill buying.

NEW YORK STOCKS:

Previous close, 132.98 Today's close, 134.61;

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

to the

(LP. NAY Issue)

Baltimore & Ohio

Pan-American Airways

Bombay

Kowloopa San Kuala

Bukuang Rly. 5%. 1911

Barber Asphalt Co.

.101

Paramount Pictures.

Calcuttu.

German Issue)

Barnsdail Ou

Pennsylvania RR

241

Lung Teing & U. Ha!

Bendix Aviation

331

Philadelphla Read, Coal'

Rly. 5% 1913

Bethlehem Steel

Philips Petroleum

38.

Chafoo Colomb

Lyons.

Malacca

S'hai-N'King-Rig. 5%-

Blisa & Co

14A

Public Service of NJ.

Dairen

Manila

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

Boeing Airplane, Co.

176

Pullman Inc.......

Borg-Warner

203

Pure Oil

די

Tientsin-Pukow Rig. 5% (German Stpd.)' ...... Tientsin-Pukow Rly. 5%

(Brit: Stpd. Supl, Lean) 8 Tientsin-Pukow Ply, 5%

Briggs Mig.

251

Radio Corpn. of Am. ..............

་5

Budd M'facturing Corp.

Reading Company, Com.

Canadian Pacific R'way

Remington Aring Co., Inc. -

57*

Case,

.......!

581

Republic Aviation Corp....

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

Dec. (New contract)

9.55/55

Prev. Today's High Low Close Close 9.63 9.53 9.55 9.61

598 12.38

341 83

581 13.22

Change .06 up 20.30h 20.45b .15 up 83 84 14. up 591 594 "up 12.325 12.35b .03 up

(Ger. Stpd. Supl. Loan) '8 Jap. 5% Ster. Loam, 1924 22 Ger. 7% Intl. Loan, 1924 54 Chartered Bank

H.K. & Shal Bank (Ldn.

"Reg.)

Celanese

Chesapeake & Ohio Chrysler Corpn.

281

Republic Steel

211

421

Revere Corp.

83 1

Reynold Tobac. "B"

349

H.K. & Shai Bank (Col

Reg)

Columbia Gag á Elẹc, Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison "Consolidated Oll Continental Can

61.

Safeway Stores

414

Schenley Distillers

107

Sears Roebuck

793

264

Shell Union Oll

53.

Socony-Vacunum Ol

Southern Pacific

Opening 9.53/53

Closing

Change

Chinese Eng. & Mining

(beareri

Continental Ou

Southern Rly $5 prá.

225

14/-

Copperweld Steel

201

Spicer Manufacturing Do. 323

9.61/61

.06 up

Chosen Corporation....:

4/-

Curtiss Wright (C)

Standard Brands

臂

January

}

9.46 N

9.445/46a

9.49m

.03; up

Pekin Syndicate „..............

2/-

Curtiss Wright "A" ........

281*

Stand Gas & Elec.

March

{

..... 9.52/53

9.51/51

0.57/57

.05 up

S'hat Elec. Constr. Co.

15/-

Deere & Co.

Standard Oll of California

May

)

9.43/43

9.42/42

9.49/49

.08 up

S'hal Waterworks "A"

131

Distillers Corpn. Beagrams

172

Standard Of of NJ.

July

9.24/24

9.24/25

9.29/20

.05 up

Union Insurance

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

904

Stone & Webster

October

8.79: N

3.795/80a

8pot

9:58 n

8.79/79

9.64n

unch.

Gula Kalumpong Rubber

1379

Du Pont de Nemours

171

Studebaker: Com;

.06 up

B.-A. Tob. (bearer)

82/0

Eagle Picher Lead

Swift International

181

Total sales Wednesday:-87.500' bales.

NEW YORK RUBBER

Mercantile Bank

101-

Eaton Mfg. Co.

354

Technicolor

Dunlop Rubber

Elec. Autolite

3714

Tuxes Corpn.

361

Bristol Aeroplane...

9/7/

Elec Bond & Share.

Texes Gulf Sulphur

342

December

January

March

May

20.30b

20.30b/29a

20.05b

20.000

19.90/90

19.90b/99ä

20.45b/47a 20.20b 20.00b

.15. up

Imperial Chemical Ind.

27/4

Elec. Band & Share $5 pr.

65)

Timken-Axle

287

.15 up

United Steel .........

19/0

Elec Bond & Share $8 pf.

734

Trans-America Co.

10 up

Woolworths

57/4

Elec. Power & Light $7 p.

20th Cent. Fox.

19.77/37

19.80/80

19.87b

..10 up

Marsmal. Investments

7/8

Flatkote .........

171

Union Bag & Paper Corp. 123

Total sales:-290 tons,

Western Holdings ........

8/9

Gen. American Trans.

514

Union Carbide & Carbon 73

THE CHASE BANK

Sub-Nigel

157/6

CHICAGO, WHEAT ...

Gen. Electric

*352

Union Pacific

82}

@hell Trank

Trad.

December

831/831

May

821/821

832/831 821/821

841/841 831/831

11 "up

Gen. Motors

50%

United Aircraft

18, QUEEN'S ROAD, CENTRAL

hearer)

34/41

Gen. Railway Bignal

181

United Airlines Trans

191

1 up

Nat Defence Bonds, 3%

101

Gen. Tire & Rubber

121

United Corpn.

21.-

Wednesday's sales:-13,973,000 bushels.

London-Midlands-Scot-

Glidden Co.

141

United Carp. $3 cum pf. 34

CHICAGO. CORN

tish. 3%

132

Goodrich (B.F.)

134

United Gas Corpm.

11*

December

591/591

591/59

May

594/591

60/60

593/59 601/60

up Great Western

Rail-

Goodrich $5 pt.

581

United

Gas Improvement 111

Way. 3%

324

WINNIPEG WHEAT

tex, dlv.

October

7030

704/804

70ja

1 up

NEW YORK HIDES

December

March

12.32b/408 12.38/35 12.22b

12.24/20

12.35 12.10b/200

.03 up .03

off

34-3/4

34-3/4 4.03-1/4

Tetal sales for the day:-106 contracts.

NY Official Silver.

NY-London, Cross, Rate 4.03-1/2

Nat Bank of India. " 26

*-bid.

SILVER MARKET

LONDON SILVER

London, Oct. 31 (Reuter).“ Silver-Little bear covering was encountered by very small offer- Ing. Business negligible. Market steady but quiet. In the after- noon, the market was quiet but

WEEKLY RETURNS AND REPORTS there was no business.

BANK OF ENGLAND.

LONDON, Oct. 31 (Reuter).

Public Deposite

Spot, 23-1/24.

Forward 23-1/247

"BOMBAY SILVER

Bombay, Oct. 31 (Reuter). Market Quiet but steady. On- take 50 bars...

Indian Mint Silver

Oct. 24

(000' Omitted)

Oct. 31

23,600

18,250

Other Deposits!—

Bankers

Other Accounts Total

205.140

108,000

Ready

52,340

61,510

Nov. 28 Settlement

157,480

139,510

Dec. 27 Settlement

Goverment Securities

137,350

130,040

Other Securities:-

Discounts and Advances

2,780

3,000

Securities

21,240

23,280

Total...

34,020

26,280

Notes and Coins

37.480

39,150

Total Bullion

700

720

Notes in circulation

693,230

591,570

Ratio of Reserve to Liabilities“

20.68%

22.02%

168/-

1940

DOW JONES AVERAGE –

Bigh Low Dow Jones Averages 152.80.111.84:30 Industrials

Oct 30, 132.88

32.67 21.15. 20

61-03 81-04. 81-06

20.45 18.03 20

90.81 83.08 40

Betle Utilities Bonds

A.DO

29.74

Nov, 1, 1840. High Low Close 135.09 133.02 134.81

28.48-29.00, 29,30 83.09 22.71 23.00

Change

Anthorised Capital

1.43 up

Bubsoribed Capital

.40 up

Pad Oxpl

.26 up

69.87

90,13

.20 up

64.DT 48.74 11 Commodity Index

$4.03

55.07

.14 up

Business Donie:-1,340,000 shares

Looney's Fund and 'Best,

BANKERS,

The Bank of England and Midland

Bank, Ltd.

BRANCHES:

Goodyear Tire & Co.

187

US.. Industrial Alcohol

234

Great Northern Iron Ore ..

U.S. Rubber

221

Great. Northern Rly, pid.

284

US, Rubber $8 pfd.

Great Western Sugar .....

US," Smelting

60*

Greyhound Corpn.....

111

US. Steel

691

SAFE DEPOSIT BOXES

Hercules Powder Co.

764

Vanadium

361

Homestare Mining

481

Vultee Aircraft

Int Nickel

201

Walworth Co.

Inter. Paper & Power Int. Tel. Tel

15+

Kentecott-Copper. Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft

341

Glass

(44) --

Warner Bros. Pict. Westinghouse Bloc. Woodward Iron Cor.

Chase National Bank National City Bank

......108

321

301"

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

Chairman.

Deputy Chairman.

Hon. Mr. T. E. Pearce,

Q. C. Roberta, Esq.,

Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

Branches: Johore

Rangoon Saigne

38, Bishopsgate E.0.2. Sub-Agencies In London: 117/12, Leadenhall Street, E.C.2 West End Branch; *14/16, Cockapur Street, 5.WI

Manchester Branch: 52, Mosley Street, Manchester, R

AGENCIES AND BRANÇIES.

PINANG BARGIN BONG KONG KANGOON

ALOR BAH AMBITBAR BANGIOX

BATAVIA

DOMBAY

QALCUTTA

" ILOILO ПРОВ

KARACHI KLANG AGENCIES: KOBE Chave Star KUALA FAIRLIN PLACE

CANTON

CAWNPORI CO COLOMBO

·DELHI-* HAIPHONG

Francisco Lumpur Shanghai HARKOW Canton London Singapore Sourabaya Sungei

Patani Foochow Muar ..................... Swatow Haignony (Johare) Tientsin Bankow

Mukden Tokyo Harbin New York Tsingtao Iloilo

Peiping Yoknbama Ipoh. Penang

CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or aborter periods in Local and other Our rencies on terms which will be quoted an application.

Also up to date Sars Durosir Boxes in various sizes To Lat Hong Kong. 28th February, 1940.

HONGKONG SAVINGS

BANK

The Business of the above. Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules' may be obtain- ed an application.

For the HONGKONG & SHANGHAI,

BANKING CORPORATION. «-

V. M. GRAYBURN,

Chief Manager. Hong Kong. 9th Feb., 1999),

HEAD OFFICE:

18, PINE STREET,

NEW YORK

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

This Bank is entirely owned by **A CHASS NATIONAL "Bank. New York, with "Batonrow of ovvi U.S.$2,900,000,000,

D. M. BIGGAE,

Second Fies Prog

RUCHING

NEW YORK PRIPING ..

(Peking)

TONGKAK

(Bhukot)

-TSINGTAO-.-.-.

YOKOHAM

FORE.ON EXCHANOL and General | Banking Business transactau. -

CURRENT Accounts cponed and | FIXED - DEPORIts received for One---

Year on aborter periods. in Look) or Other Currencies at rates-whion will be quoted on application.

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

The Bank's Head Ollies in Loadou undertakes" Executor and Trusted business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches

R. A. CAMIDGE,

Manager.

BANK OF EAST ASIA, LIMITED

4,598,600.0

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

Profita

2,933, 281-50

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

Board of Directora:....... SHOPBOX CHOW, Chairman

Li Koon Chan, Faq. Li Las Sang, Bag. P. K. Kwok, Esq, Wong Chu Bon, Esq. Wong Yun Tong, Esq. Kan Ying Po, Bag, Cháo Chính Phong Đàn Fair Pair Wh KAN Toso Po, Esq., Chief Menager Li Tas Foxo, Ead, Manager

Amay

Branches and Agencies:--

Hankom Halale Kabe

Paris Palping

Badkarang Shangha

·Blogspors Soundara

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

Current Accounts opened in Local Currency and Fixed Deposita re ovived for one year or shortor periods in Local and Foreign Cur

BANKencies on terms which will be

THE MERCANTILE

·OF. INDIA, LIMITED

Head Office-15, Gracechurch Straet.

London, EC

quoted on application. ...

„Bara Eiroair Boxes To Len

KAN TONG PO,-

Chief Manager.

BAIGON

BEREMBAN

BHANGHAI

SINGAPOBR

„SITZAWAN,

SODRABAYA

LUMPUR

TAIPING

TIENTSIN

·HADRAS

MANILA

HAMBURG

Xardios PODADE

London Bungoon

Bombay

Mania 7*** 9algon

Calcotts Haiphong

Melbourne Jan From: Bydamer

New Tark Beste

FOSTER

$8,000,000

£1,300,000

£1,060,000

21.264,639

Price of Gold at which holdings are valued .. 188/-

FEDERAL RESERVE SYSTEM

INDO-

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Bervices for Cargo sad Paissagers

SWATOW, SHANGHAL, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

TO-

NEW YORK, Oct. 31 (Reuter).

Oct. 20 (1639)

Oct. 24 (000's Omitted)

Oct. 31

Bills Bought

1,000

US. Securities held

· 2,738,090,

2,252,000

Federal Reserve Ratio

Federal Reserve Credit Outstandig.

Monetary Cold Stocks

Industrial Advances

11,783,000

85.80% 00.10%

2,288,000 2,771,000 17,039,000 21,428,000 9,305,000

2,233,000 90.21% 2,981,000 21,499,000 6,193,000

LONDON METALS,

EXCHANGE

London, Oct 31 (Reuter).

Standard, Cash Middle

tea

Price, £269-1/4

Tin, Standard, 8 months. Mile

Price,

201-3/8 Market quiet but steady.

BROKERS

LOANS.

New York, Oct. 31 (Reuter). Loans on securities to brokers in New York:-

Week-ended

-26/10/3924/10/40 1:531/10/40 $476,000,000 $297,000,000 $290,000,000

SANDAKAN

HAIPHONG

All steamers berth alongside the Hoosevelt Terminal in the French Concession st. Shanghai, where passengers. and cargo are laaded.

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD. TELEPHONE KOJI GENERAL MANAGERS.

ゴルカル

Ipoh

Kuantan

Bangkok

Konia Trengganu

Bombay

Madras

Calcutta

New York

Colorabo

Karch!

Ferg Bassoon

Kota Bhar

ВБапрый

Bimb

Dalki

Galle

Hongkong

Howrsh

Body

Kuala Lipis

Kuala Lumpur Singapore

· HONG KONG BRANCH:

Every description of Banking and. Eschsaye businem transstedet.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT

OF CHINA AS AN A INTERNATIONAL EXCHANGE

BANKNO

PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL Over CHINA)

TRUSTEE AND EXECUTORSHIP | Owing to our numerous Brannbes

UNDERTAKEN

CURRENT ACCOUNTS opened in Lool Car resy and PLED DEPOSITS roved Is Loral Curta & STERLING on terms that may be Ancertulived on xpg Heation.”

D... BENSON.

What

Mass

do you want?

taanything

you want to buy or nell, try a small Classifed advertise- ment in the Hong- kong Daily Press.

25 words $1.50-

prepaid

for 3 insertions.

in China and connections in the principal Commercial Centres of the World, we are able to extendi so our Clients special facilities for Domestic and Foreign Banking and Exchange

Head Offer:- SHANGHAI

⠀⠀⠀ Hung Kong Branch:

4, QUEEN'S ROAD," O. South China Offer:

CANTON

SWATOW SHIPCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the imus of Bonda and other Public Funds of the Chinees Government hoth at Home

1940-11-02 — Page 10

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