1940-11-05 — Page 10

Adams Express

Alleghany Steel Co.

370

Allis Chalmers

Aluminium Ltd,

On demand

On Japani

On demand

59 3/4

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 4, 1940

On London:-

Telegraphic Transfer. 1/2 7/3 Bant Bills, on demand 1/9 7/8 Credits 4 months' sight

On Shanghai:----

On demand ...

On Singapore:-

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

NOVEMBER 3, 1940.

TUESDAY,

NOVEMBER 5, 1940.

BANKS

HONGKONG & SHANGHAI THE "CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital.. $50,000,000 Issued & Fully Paid-Up $90,000,000

Reserve Funds: Sterling

INDIA, AUSTRALIA AND CHINA incorporated by Royal Charter, 1858 Paid-Up Capital Reserve Fund....

............£3,000,000 £3,000,000

prietors

£3,000,000

HEAD OFFICE; LONDON:

38, Bishopsgate E.C.2.

Sub-Agoncles In London:

£ 6,800,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-

Reserve Liability of

Last Sale Nov, 2

STOCKS

Last Sale

..

Proprietors

$20,000,000

Nov, 2

Loew's Inc.

274

Head Office:-HONG KONG

24

Loft Incorperated

201

371

Mack Truck Inc.

29

20*

Martin, Glen L.....

334

H. V. Wilkinson, Esq.,,

Amer. Can

931

McKesson & Robbins,, pfd. 29

22

Chairman.

100

On India:-

Telegraphic

NEW YORK, November 2, 1940.

SINGAPORE RUBBER

American Cyanamid B.

361

Montgomery Ward

391

Hon. Mr. J. J. Paterson,

Previous

Nov. 2

Amer. & Foreign Power

13

M'tain City Copper Co.

34

Deputy Chairman.

Close Opening Closing

Charige

Amer & Foreign $7 pf.

151

National Aviation ..............

111

J. K. Bousfield, Esq.,

Transfer.

and demand

82 1/3

buyers buyers

Amer, Locomotive

164

Nat, Dairy Products

131

A. H. Compton, Ex

3 POT

38-7/8

Amer, Metala Co.

171

National Distillers.....

201

Bon. "Mr. S. H. Dodwell,

On New York:-

JAN.-MARCH

$7 cts.

Market closed

Bank Bills, on demand 23 7/8 Credlis, 60 days' might 93 3/4

Amer, Radiator.

73

National Lead

181

G. Miskin, Esq..

APRIL-JUNE

35-1/8

Amer. Rolling Mill

161

Nat, Power & Light

8+

E. S. Morrison, Esq.,

On Batavia:-

LONDON RUBBER

buyers

On demand

42 5/8

Previous close Today's close

buyers.

Amer. 'ting and Ring Co.

434

National Supply Corp.

Change

Amer. Sugar Rearing ......

14

New York Central

154

On Parts

SPOT

11-3/4.

Amer. Tel & Tel.

1657

Niagara Hudson Power

5

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

DECEMBER

11-13/18

Amer, Tobacco "B"

741

JANUARY

11-7/8

Market closed

Amer, Waterworks

∙ 10

N. American Aviation North American Co.

171

211

On Saigon:-

FEBRUARY

11-15/6

Anaconda Copper

25

Northern Facific...

75

Branches:

On demand

39 1/2

On Manila:--

On demand

45 3/4

On Bangkok:-

On Sterling Notes:---

Bank Buying Rate

Bar Silver per oz.

Now. 23 1/2

quota-

at

On demand. ............................ 149 1/3

Market Report

FROM ROZA BROS,

Monday, Nov. 4. Suver

Were prices

unchanged over the week-end, the

APRIL-JUNE

NEW YORK COTTON: Trade shorts were good buyers of near

positions. Textiles markets were firm and active.

CHICAGO WHEAT: The undertone was arm. Trading was mo- derate, with some disposition to awalt the outcome of the elec- tion on November 5.

NEW YORK STOCKS: Previous close, 134.41; Today's close, 134.85:

Chage, up 44.

NEW YORK COMMODITY. MARKET

tions remaining at 23.1/2" for New York Cotton. Dec. Ready and 23.7/16 for Forward. New York Rubber, Dec. -American-Silver was unquoted... Chicago Wheat,-Dec- The London New York cross-Chicago Corn, Dec. rate was quoted at 402.1:2 New New York Hides, Dec. York, London was quoted

NEW YORK COTTON

403.3/4

Bendix Aviation

11-13/16

Atchison, T. & S. Fe. Aviation Corp. Baldwin 'Lecometive Baltimore & Ohlo

·171"

Owens-Illinois Glass Co.

51

Pacific Gas & Bec

291

Amoy

Johore

174

Packard Motors

Bangkok

Kobe

Rangoon Saigon

31

Batavia

Kowloon San

Board of Directors: Yeh7/122, Leadenhall Street, E.Ç.3"

Hon. Mr. T. E. Pearce,

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

Chief Manager.

West End Branch: 14/16, Cockapur Street, 8.Wi Manchester Branch:

32, Mosley Street, Manchester, 1

AGENCIES AND BRANCHES ·

HABHIN PANANG HONG KONG KANGOON

ALOE STAR AMRITSAR BANGIOK BATAVIA BOMBAY

CALOUITA KLANG

~~AGENCI£8,~~~KUBI" ULITE STREET KUALA FAILIX PLAC CANTON.. CAWNPORN GEBU COLOMBO DILUI

LUMPUR KUCHING

ILOILO IPOR KARACAI

BAIGON

HIESVEAN

BHANGHAI

SINGAPORE

SITIAWAN

BOURADATA

TAIPING TIENTBIN

MAD RAB

TONGKAR

-MANILA

(Bhaket)

MEDAN.

TBINGTAS

Pan-American Airways

184

Boutay

Kuala

Francisco

HAIPHONG

Barber Asphalt Co.

103*

Paramount Pictures

84

Calcutta Lumpur Shanghai

Barnsdall Ou.....

Pennsylvania R.R

24

Centon

London

337

Philadelphia Read, Coal

}

Chefoo

Lyons

Bethlehem Steel

861

Phillips Petroleum

38

Colombo

Malacca

Singapore Saurabaya Sungai.

Bliss Co.

141

Public Service of NJ.

341

Dairen'

Manils

Boeing Airplane Co.

17!

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

27

Foochow

Muar

Borg-Warner

201

Pure Oll

8

Haiphong

Bankow

Mukden

Briggs Mig.

247

Radio Corpn. of Am

5+

Harbin

New York

Tokyo Tsingtao

Budd M'facturing Corp.

5

Reading Company,

Com

14"

Iloilo

Peiping

(REUTER'S SERVICE)

Canadian Pacific R'way

Remington Arms 'Co., Inc.

51*

Ipoh

High Low 9.62 9.57

84+ -83 397 591 13.47 12.45

Prev Today's

Close Close Change 9.55 9.80 .05 up 20.35b 20.30b .05 off

84 591 597 i up 12.50 12.45b 05 off

Сазе, .І.

58.

Repúblic Aviation Corp.

51

Celanese

271

Republic Steel

$217

Chesapeake & Ohio

429

Revere Corp.

12+

Chrysler Corpn.

338

Reynold Tobac. "B"

35%

837 1.oft

Columbia Gas & Elec.

6+

Safeway Stores

42

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

32

Schenley Distillers

10

1

Sears Roebuck

798

quoted on application,

MARKET

Dec. (New contract)

Close

9.55/56

Opening

Closing

Change

Consolidated Edison

282

Shell Union Oil

107

Consolidated Ofl

Socony-Vacunum. Ofl

Boxes in various sizes, To Lar Hong Kong 28th February, 1940.

9.58/58

9.30/60

.05 up

Continental Can

381

Southern Pacifie

Quiet

January

{

9.47 N

unquoted 9.50n

March

(...)

9.55/55

9.57/58

9.58/58.

{

"...... 9.45/45"

9.47/47

9.49/49

( m )

9.25/25

9.27/27

9.30/30

8.77/17°

8.79/79

8.80/80

Spot

9.57. N

9.83n

20.35b

.20.40a

20.10b

Märch

19.95b

May

19.826

20.30b/398 .05 off unquoted. 20.05b 19.85b/20.00a 19.98b/20.00 .03 up unquoted 19.75b/80a .07 off

Total sales: N11. CHICAGO WHEAT

December

At

the

opening sellers

of May

84/84) 831/831

84/837

83+/831

84/831 831/831

CHICAGO CORN

the

593/504

591/591 60%/801 61/61

591/591 61/61..

714a

71a

for

11

the March

12,60/50 12.25/25

unquoted 4.03-3/4

- STERLING

No business was reported. The May market closed with sellers at July

November/January, October 1/2.31/32

buyers at 1/3 for Cash

U.S. DOLLARS '

Total sales Friday:-86.300 bales.

NEW YORK RUBBER ·

Some business was reported early in the morning at 23.1/4 for Cash. The market closed with December "sellers at 23.3/18 for Cash, buy- January

ers bidding 23.5/16 for Cash,

SHANGHAI DOLLARS

Business was arranged at. 384 and 383.1/2. The market closed

at 1 p.m. with sellers at 382.1/2. SHANGHAI MARKET

Sterling for Spot were quoted at Friday's sales:-9,280,000 bushels. 3.59/64. Subsequently the rate

and at

eased off to 3.7/8 close sellers were quoted at 3.57 December 64 for Spot. US Dollars sellers May were quoted at 6.3/32 at the

WINNIPEG WHEAT the opening. Subsequently

rate eased off to 6 and closed

at December Noon with sellers at 8.1/32 Spot.

AFTERNOON MARKET The market was quiet in afternoon

STERLING

The market closed with sellers at 1/2.31/32 November/January, buyers at 1/3 for Cash.

U. 8. DOLLARS There were sellers at 23.3/16 For Cash, buyers at 23:3718-for Cash

SHANGHAI DOLLARS

A small business was done at 383 and also 382.1/2. The market closed with sellers at 382. buyers at 382.1/2:

| NEW YORK HIDES

December

12.45b/84a 12.45b- 12.30b/35a 12.21b Total sales for the day:-23 contracts.

34-3/4 NY Official Silver ... NY-London Cross Rate 4.03-3/4"

LONDON STOCK EXCHANGE-

(EEUTER'S SERVICE)

London, Nov. 1.

Tientsin-Pukow Rly. 5% The following quotations are the

(Brit. Sipd. Supl Loan) 8 middle prices at the close of the Tientsin-Pukow Rly. 5% market in London. All quotations (Ger.Stpd. Supl. Loaf) 8 are subject to confirmation and no Jap. 6 Bter. Lom, 1824 21 Last advices indicated sellers responsibility is assumed for errors Ger. 1 Intl. Loan, 1924 54

SHANGHAI MARKET

pt Sterling at 3.29/32 and Dollars at 8.1/16 for Spot.

U.S.in transmission..

1940

DOW JONES AVERAGE

Low Dow Jones Averages High 153.80 111.84 20 Industriala

39.67 22.15 20 Rails 20.45 18.03 20 90.81, 83.08.40 84.07 48 47 / 11

Nov. 3, 1940. Nov. 1, High Low Close

135,03 133.94 134.85 23.34 – 2010 29.92 23.45

Change

134.41

44 up

29.32

Utilities Bonda Commodity Index

23 29

90.23

53.08

.10 off 23,15 23.44 to up 90.20 .03 off 55.14

08 пр

Business Done;-470,000 shares

.03 up

Continental Oil

.03 up

Copperweld Steel

04 up

Curtiss-WrightTM (G.)

.05 up

Curtiss Wright "A"

.03 up

Deere & Co.

.08 up

Distillers Corpn. Seagrams 17*

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

Du Pont de Nemours

Eagle Picher Lead

Entón Mfg. Co. 2.

Elec. Autolite...

.05 oft

Elec Bond & Share Elec. Bond & Share $5 pf.

Elec. Band & Share $8 pt.

Elec. Power & Light 37 pr.

Flintkote

Gen. American Trana.

off I up

Gen. Eectric

Gen. MotorS......

Gen, Railway Signal

Gen. Tire & Rubber

Glidden Co.

Goodrich (B.F.)

1 up

Goodrich $5 pt.

} up

Goodyear Tire & Co.

Great Northern Iron Ore

Great Northern Rlj, pfd,

unch,

Great Western Bugar

Greyhound Corpn.

Hercules Powder Co

.06

off 04 off

Homestake Mining

Int Nickel

Inter. Paper & Power'

Int, Tel, & Tel

Kennecott Copper

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

HONGKONG SAVINGS

BANK

The Business of the abore Bank is conducted by the HONGKONG

SHANGHAI BANKING COB PORATION. Rules may be obtain- ed on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

7. M. GRAYBURN,

Chief Manager. Hong Kong: 25th Feb., 1930.

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.

U.S.$2,000,000,600.

M. BIGGAR,

Second Vice Pre

A job?

WANT ADS

INDO-CHINA

BANK OF EAST ASIA, LIMITED

Authorised Capital......$10,000,000,00 Paid-Up Capital 5,588,600.00 Reserve and Undivided

Profts

2,963,231.08

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

Board of Directors: SIR SHOPBON Oxow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Baq. Wong Chu Son, Esq. Wong Tun Tong, Esq. Kan Ying Pa, Lag. than Ching Shok, Req, Fang Ping Wah Esq KAN TONG PO, Esq., Chief Manager LI TEE FONO, Esq., Manager

Bateria

Branches and Agencies:•-,

Kotloon Pan

Biegaporn

Bangoos Boorsday's

Manila Baron

Bestow

Melbourne San Fran. Sydney Kagamka

alsos Tentat

CONTEX

Bemarang Shanghal

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 of, shorter periods in Local and Foreign Car rencies on terms which will be quoted on application.

SAPE LEPOSIT BOXES 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

STEAM NAVIGATION COMPANY L (BRANCHES ALL OVRE CHINA)

Operating Services for Cargo and Passengers"

Chartered Bank

£

H.K, Shai Bank (Ldn.

Reg.)

62

21-1/8 N 25-1/4

Selleri

Chin. Imperial 'Rly,"5%

Loan Horan Rly 5%

6-1/16- 6-1/32

Shanghai Exchange

Shanghai, Nov. 4" (Reuter).

Official T.T. Rates

Opening 0/3-13/18 5-7/8

25

London

New York

Гарад

India Hongkong

Sterling

Opening Closing Spot D/3-59/64 073-29/32 Nov......."D/3-59/64 -0/3-29/32 0/3-29/32 0/3-57/64 US Dollars

Dec.

"Spot Nov.

Dec.

$0-3/32* 786-1/16"

6-3/32

8-1/16 Market: Quiet but steady.

3lver Daty Kate

The Central Bank of China's

Hukuang Rly 6%, 1911.....

(LP. NIY Laste) Hukuang Rly, 5%. 1911

German: Issue Y- Lung Teing & U. Hal.

Ely. 5% 1913.......... S'hal-N'King Rly. 5%

rate on London at 10 am today Tientsin-Pukow Rly. 5%

was 1/2-1/24:

Brit 8fpd.)

The Equalisation rate was 241 7tentsin-Pakow Rly 6%

(German Stpd.)

per cent.

Nat Bank of India, 1%28

bid.

War Loan. 31% (Red,

after., 1952) Carton-Kloon Rly 5% Chinese 41% Gold Loan 1898 (Brit. Issue)...... Chinese 5% Gold Bonds.

1925-47........ Chin. 44% Anglo-French

Loan, 1908 44 Chinese 6% Crisp Loah.

1912 Chinese 5% Reorg, Loan,

1913 (Ldn. Is.) Chinese 8% Ster. Notes.

1925 (Vickers)

H.K. & S'hat Bank (Cal.

1011 6

Regy"

Chinese Eng. & Mining

(bearer)

14/-

30

Chosen Corporation

4/-

Pekin Syndicate

2/-

35

B'hal Elec. Constr. Co..... 6'hal Waterworka “A”

157-

12

131 Union 'Insurance

20 Gula Kalampong Rubber 13/0 B.-A. Tob. (bearer)

F

TO--

SWATOW, SHANGHAL, TSINGTAU, CHEFOO

Mercantile Bank

83/11 101

and TIENTSIN. §-

18

Dunlop Rubber

80/3

Bristol Aeroplane

9/74

9

Imperial Chemical Ind. 27/4

United Steel

· 19/10) ·

#9

Woolworths

57/6

Maraman Investments

Western Holdings

8/9

Sub-Nigel ..

157/0

10.

hell Trans, & Trad

(bearer) Nat Defence Bonds, 3% 1014

·34/44

London Midlands-Ecot-

tlah, 3%

131

Great Western Rall-

way, 3%

324

KOBF and OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concession ́SA. Shanghai, where passengera and cargo are landed.”“

For further particulara

please apply to

JARDINE MATHESON&Co.Lro TELERNONE KOSIL - GENERAL MANAGERS

Owing to our numerous Branches in China sad connections in the principal CommercialTM Centres of the World, we are able to extend to our Clients special facilities Tor Domestic and Foreign Banking and Exchange

~Head' Ofleo:-SHANGHAI

Hong Kong Branch;

4,′′ QUEEN'S ROAD, 0.

South China Offices!"

CANTON

SWATOW

SHIUCHOW

KONGMOON TOISHAN

KINGCHOW We also handle the issue of Bonds and other Public Fonds of the Chinese Government both as Home and, Abroad:

SHOUJ CHEN,

Manager.

18

Southern Rly $5 pfd. "......

32

Patani Swałow (Johore) Tientain

Penang

--

Yokohama

(Peking)

FORE.ON EXCHANOS and General Banking Business transacted.

CURRENT ACCOUNTS opened. and FIXED DEPOSIT received for, One Year or shorter periods in Local' or Other Currencies at rates whion will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNT opened in interest-allowed-at-rates-obtainable LOCAL CURRENCx and FIXED Désirs on application.

received for one year or shorter The Bank's Head Office in London periods in Local and other Our-undertakes Executor and Trustee rencies on terms which will be husiness, and claima recovery of

British Income Tax overpaid, oo

Atso up to date SAFE DEPOSIT terms which may be ascertained at

any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

HAMBURG KANIOW

NEW YORK PRAPING

TORDHAM

203

Spleer Manufacturing Co. 33

i

81

Standard Brands

pers

*

281

Stand Gas & Elec:

201

Standard Oil of California

18

Standard On of NJ.

35+

891

Stone & Webster

170

Studebaker Com

81.

91.

Swift International

187-

351

Technicolor

36%

Texas Corpn.

971

61

Texes Gulf Sulphur

35

65

Timken-Axle

281

72

Trans-America Co.

51

391 ·

20th Cent. FOX.

6

171

Union Bag & Paper Corp.

124.

521

Union Carbide & Carbon

752

357

Union Pacific

82

514

United Aircraft

421

16

United Airlines Trans ......

191

#121

United Corpn...

21

141

United Corpn. $3 cum pt.

34

137

United Gas Corpa..........

11

60

United Gas Improvement

12

*181

US., Industrual Alcohol

221*

161

U.S. Rubber

221

Amoy

281

US. Rubber $8 pfd.

821

Interest Rates on Application.... •

London

Bombay

201

US. Smelting

51

Calostia

11

U.8. Steel

697

SAFE DEPOSIT BOXES

Halphong

Harlow

New York

Beattie

767

Vanadium

354

Belgia

Paci

481

Vultee Aircraft

81*

254

Walworth Co.

58

This Bank is entirely owned by

THE CHASE NATIONAL BANK NEW YORK, with Resources of ovrg

Robe

Pdying

15%

Warner Bros. Pict

21

2*

Westinghouse Elec,

107

34号

41

Glass 44%

Woodward Iron Cor. Chase National Bank National City Bank.

32

344* 283*

301