1940-11-14 — Page 10

Adams Express

Alleghany Steel Co.

On Shanghai---

Allis Chalmers'.............

On demand

350

Aluminium Ltd,

PAGE 10-HONGKONG DAILY

PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

• NOVEMBER 13, 1940.

On London:--

"Telegraphic

Transfer. (/2, 77+

Bank Bills, on demand 1/2 7/8

Credits 4 months' sight

PAYNE & & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG

COMMODITY MARKET REVIEW (FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

NOVEMBER 13, 1944,

THURSDAY, NOVEMBER 14, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital.. $50,000,000

Reserve Funda:

Sterling

INDIA, AUSTRALJA -

AND CHINA

Issued & Fully Paid-Up $90,000,000 fucorpurited by Royal Charter, 1830

| Paid-Up_Capital £ 6,600,000 Beerve Fund

£3,000,000 .23,000,000

prietors

£3,000,000

HEAD OFFICE;" LONDON!

B.K. Currency Reserve $10,000,000 Hoserve Liability of Pro- Reserve Liability of

Board of Directors:

Last Sale

STOCKS

Last Sale

Nov, 12

Nov, 12.

Proprietor

..$20,000,000

Loew's Inc.

301

243

Loft Incorperated

201

Head Office:-HONG KONG

38

Mack Truck Inc.

291

81

Martin, Glen I.

351

On Singapore:-

On demand

52 3/4

NEW YORK, November 12. 1940.

Amer. Can

92

McKesson & Robbins, pfq. 272

H. V. Wilkinson, Esq.,

Previous

On Japan:-

On demand

108

SINGAPORE RUBBER

Close

On India:-

buyers

Nov" 12 Opening Closing

buyers

American Cyanamid B.

36

Montgomery Ward

404

Change

Amer. & Foreign Power

13

M'tain City Copper Co.

4

Amer

Foreign $7 pf.

16.,

National Aviation-

121

Chairman. Hun. Mr. J. J. Paterson,

Deputy Chairman.

Telegraphic

and demand

SPOT

39-1/8

39 cts.

39 cts.

of 1/8

AMCE Locomotive

174

Nat Dairy Products

141

R 1/2

JAN-MARCH

37-3/4

37-3/4

37-3/4

unch.

Amer, Metals Co.

211

National Distillers............

211

J. K. Bousfeld, Esq. A. II. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

Ou New York:-

On Batavia:-

On demand..

On Paris:-

APRIL-JUNE

36-1/2 38-3/8 36-3/8

off 1/8

Amer. Radiator

7}

iNational Lead

194

G. Miskin, Esq.,

Bank Bills, on demand 23 Credlis, 60 days sight 23 778

The market was quietly steady.

RUBBER LONDON

Amer. Rolling Mil

18

Nat, Fower & Light

74

K. 8. Morrison, Esq.,

Previous close Today's close

Amer. S'ting and Ring Co.

48

National Supply Corp.

7

41

buyers

buyers

Change

'Amer. Sugar Refining

17

New York Cental

151

.... 43

S POT DECEMBER

11-11/16

11-7/8

tp 3/18

Amer, Tel. & Tel

1671

Niagara Hudson Power ...

34

11-13/16

12-1/16

up 1/4

Amer. Tobacco "B"

731

N. American Aviation

....

191

Bank Bills, on demand Nors.

Credits 4 months' sight Nom.

JANUARY

11-15/16

12-3/16

up 1/4

Amer, Waterworks

81

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

181

FEBRUARY

11-15/16

On Balgon:-

On demand

On Manila:-

APRIL-JUNE

11-7/8

12-1/4 12-3/16-

tp 513

Anaconda Copper

281

Northern Paciac

72

up' 5/16

Atchison, T. & S. Fe.

18!

Owens-linois Glass Co. ...

514

Branches:

100

46

·

་་

Now.

23 3:8

www.

责

(

H

}

.

"

October Spot

(

M

May

July

sellers at 3.23/32 for

Spot, US December

On demand

On Bangkok:-

On demand

On Sterling Notes:-

Bank Buying Rate

Bar Silver per oz.

Market Report

FROM ROZA BROS,

Wednesday, Nov. '13. Sliver prices rose 1/16 yester- quo- day for both deliveries, the tations being

both 23.3/8 for

Silver ad- Ready and Forward. vices reported the market as be ing quiet with no business done. American Silver was quoted at 34. .3/4 for Spot,

The London New York

cross-

rate was quoted at 4021/2. New fork/London was quoted at 404.

Quiet.

MARKET

STERLING

There were sellers at 1/2.31/32 November-January. buyers at 1/3 for Cash.

U. S. DOLLARS ·· A transaction was reported ut 23.9/16 for the end of December. The market closed with sellers cash at 23.1/2-for

and 23.9/16 second half December, buyers at 23.9/16 for Cash.

SHANGHAI DOLLARS Business was done at 402 and also 402.1/2. The market closed with sellers at 400. buyers at 401. AFTERNOON MARKET Opened with sellers of Sterling

NEW YORK STOCKS: Previous close, 138.12; Today's close, 137.41:

Change off 71.

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

Chicago Corn, Dec.

New York Hides, Dec. NEW YORK COTTON Dec. (New contract) January March May July

at 3.11/16. Last advices indicated) CHICAGO CORN

Dollars opened with sellers for May

1401/2

After ruling steady the market advanced on trade and outside buying and covering demand. Sellers were reserved. Market closed Arm.

NEW YORK COTTON; The date for farmers to vote on the 1941 acreage allotment proposal of 27,900,000 acres has been set on December 7. This allotment is about the same as in the past three years.

NEW YORK RUBBER:

There" was tightening of the spot market

Baldwin. Lecometive Baltimore & Ohio Barber Asphalt Co. Barnsdall OU Bendix Aviation

Aviation Corp.

5t

Factic Gas & Elec

29

Amoy

Joborr

181

Packard Motors

32

Bangkok

Robe

Rangoon Saigon

Hon. Mr. T. E. Pearce,

C. O., Roberts, Esq.,

Hon, Mr. A. L Shields, Bir Vandeleur M. Graybura,

Chief Manager.

38, Bishopsgate E.0.3.. Sub-Agencies In London: 117/123, Leadenhall Street, E.C.B West End Branch:

14/16, Cockapur Street, 8.WI Manchester Branch:

52, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES -

HAKKIN BONG KONG

ALOE STAR

BANGKOK

BÁTAYLAR

BOMBAY DALOVITA.

AGENCIES: Užava SraMKI Fair PAGE CANTON CAWNPORI CEMET COLUMBO

ILOILO

ПОД

KARACHI

· LLANO KODS

KUALA

LUMPUR KUCHING

PEMANG

KANODON SAIGON BEREMBAN

BHANGRAJ

* SINGAPOR

SITIAWAN

200 NABATA

TAIPING TIENTSI

AMRITHAK

MADZAJ MANILA

TONGKAN

(Bhuket)

DELHI

KEDAN

TRINGTAO

41

Pan-American Airways

161

Batavia

Kowloon San

111

Paramount Pictures

91

Bombay

Kuala

Francisco

101.

Pennsylvania RR

25+1

Calcutta Lampur Shanghai-

HAIPHONG HAMBURG HANKOW

NEW YORI PRIPING

(Peking)

TOKOHANES

341

Philadelphia Read, Col

Cantou

London

Bethlehem Steel Busy & Co.

due to fears of the possibility of shipment interruption. CHICAGO WHEAT: The reaction is considered only

Boetag Airplane Co.

natural.

We

Borg-Warner .....

prefer to buy on set-back.

Briggs Mfg.

Budd Tasturing Corp."

Canadian Pacific R'way

Case. J.I.

NEW YORK COMMODITY MARKET

Cetanèse

Chesapeake & Ohlo

(REUTER'S SERVICE) ·

Chrysler Corpn.

Prev. Today's High Low Close Close 9.92 9.83 9.90 9.85 2082 20.75 20.80 20.82

Columbia Ong & Elec.

Change .05 off .02' up

180

871

8887

027 13,20

62+

624 621

A off up

13.03

13.20b. 13.16b-:05 off

Close

... 9.90/90

Opening 9.92/92

Closing

Change

9.85/85

.05 "off

Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Consolidated Ou Continental Can Continental Oll Copperweld Steel Curtiss Wright (C)

>

9.81 N

9.82/82

·9,780

.05 off

Curtles Wright "A"

9.91/91

9.91/92

9.86/36

.06 off

Deere & Co. .....

}

9.86/87

9.87/87.

9.82/82

.04 OIT,

Distillers Corpn. Beagrams

9.70/70

-9.71/72

9.67/67

.03 off

Douglas Aircraft

>

9.31/31

9.33/31

9.92 N

9.27/27 9.870

.04 of

Du Pont de Nemours

.05 off

Eagle Picher Lead.

Total sales Saturday:-130,800 bales, NEW YORK RUBBER December January March May

'Total sales:-420 tons. CHICAGO WHEAT December

Eaton Mfg. Co.

Elec, Autolite

20.80/80

20.75b/90a

20.58b

unquoted

20.82/82 20.62b

.02 up

Elec. Bond & Share

.04 up

Elec. Bond & Share $5 p.

20,55b

20.50/45

20.33/33

* 20.226/93a

20.45/45 20.30b

.10 off

Elec. Bond & Share 36 pf.

.03, off

Elec. Power & Light $7 pí.

Flintkote

Gen. American Trans.

687/881

884/88)

871/872

1 off

Gen, Electzle.

871/971

871/871

862/867

1 on

Gén Motors

831/831

827/821

827/83

+ off

Gen. Railway Signal

Saturday's sales:-18,274.000 bushels.

Gen. Tire & Rubber

Glidden Co.

624/521

·62/624

62/824

I up

Gondrich (B.F.)

831/831

031/637

637/631

+ up

Goodrich 3 pt.

Sput at 53/4 and closed a

shade July

841/641

6417644

Goodyear Tire & Co.

steadier with

sellers

for Spot.

at 5.13/16 NEW YORK HIDES

December

Great Northern Iron Ore

13.20b

March

13.05/05 12.00/90

12.80b/13,20 13.15b

13.05/05

.05 off unch.

Great Northern Rly, pía,

Great Western Sugar

Greyhound Corpn.

unquoted

34-3/4 4.04

Hercules Powder Co

Homestake Mining

Int Nickel...............

Inter. Paper & Power

London

New York

Opening

0/3-11:10

Int, Tel. & Tel.

Kentecots Copper

Japan

Indla

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

мынам

Shanghai Exchange

Shanghai, Nov. 13 (Reuter).

Official T.T. Rates

5-3/4

24-3/8 20-3/8 N 24-1/2

Closing 0/3-11/16 0/3-47/64 0/3-11/16 0/3-47/64

Total sales for the day:-160 lots NV Official Silver

NY-London Cross Rate 4.03-3/4

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Nov. 12. 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.

SILVER MARKET

LONDON SILVER

London, Nov. 12 (Reuter).

Silver Blight

trade enquiry.

business small Market quiet. In the afternoon, the market was quiet with no business.

Spot, 23-3/8d.

Forward, 23-3/84.

BOMBAY SILVER

Bombay, Nov 12 (Reuter). Market Quietly steady, Offtake 75 bars.

Indian Mint Silver

1940

DOW JONES AVERAGE

High Low Dow Jones Avarages 152.80 111.84 30

Nov. 13, 1940.

High Low Close 13-00 136.08 187.41 30.55. 29.83 10.20 22.02 21.45 21.88 60.70

Change

.71 off

Haipnong (Jobore) Tientsin

Mukden Tokyo

Tsingtao. "Yokobama

FORN EXCHANGE and Gencent Banking Business transacted.

CURRENT A000urrs opened and FIXED DEPOSITS received for One Year or shorter periods in Local, or Other Currencies at rates which will be quoted on application.

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

CURRENT ACCOUNT opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or shorter periods in Local and other Cur tencies on terms which will be business, and claims recovery of quoted on application.

ALBO up to date Sara DEPOSIT Boxes in various sizes To L 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 on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

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

HEAD OFFICE:

18, PINE STREET,

NEW YORK

An American Bank offering "com

plete Foreign Banking Bervia. in the principal Markets of th world.

Interest Rates na Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned b THE CHAKS NATIONAL BANT

New York, with Besources of

1.8.$2,900,000,000.

D. M. BIGGAR,

Second Vice Pre

A Job

onsuk

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

Hongkong

Sterling

"Bellers

Opening

Spot

Nov.

Nov. 9,

Déc.

0/3-43/64 0/3-23/32

£

32.67 22.15 20

U.S. Dollars

Spot Nov.

$5-3/4

5-3/4

$5-7/8-

5-7/8 5-23/32 5-27/32 Market:-quiet but steady.

War Loan, 31% (Red,

after 1852) Janton-K'loon Rly. 5%

26.45 18.03·20

90.71 83.08 40

Industrials Rails

Utilities Bonds

13812

29.06

2 up

22.05

1011 8"

Ready

Nov, 26 Bettlement

Chinese 41% Gold Loan

1898 (Brit. Issue Chinese 5% Gold Bords.

1925-47....

Dec, 27 Settlement

81-13 81-13 61-14

*

64.07 48.47.11 Commodity Index

30.71. 37.18

37 off .08 up 57.03.13 off Business Done:-1,450,000 shares

32

H.K. & Shal Bank (Ldn

35

Reg.)

chin. 43% Anglo-French

H.K. & Bhai Bank (Col.

Loan. 1903

44

Feg)

Chinese 5% Crisp Loan

Chinese Eng & Mining

.912

13

(bearer

14/-

Chinese 5% Reorg, Loan

1913 (Lan. Is) .. Chinese 8 Ster. Noter

∙1925 ("Vickets) Chin. Imperial Fly, 5%

LORT Honan Rly, 5%

Chosen. Corporation

4/

19

Pekin Syndicate

21-

S'hal Elec. Constr. Co.

15/-

Bhai Waterworks "A"

13

TO

Unim Insurance

20

44

Gula Kalumpang Rubber

13/9

10.

B.-A. Tob,- (bearer)

B8/11

Hukuang Rly 5%, 1911...

Mercantile dank

101

(LP, M/Y Issue) .......

11

Dunion Rubber

32/11

Bukuang Rly. 5%. 1911

Bristol Aeroplane

9/9

(German Inte)

10

Imperial Chemical Ind. 29/41

Lung Tsing &

Hal

United Steel

21/11

Rly., 5% 1913 .

B

Woolworths

59/41

Marsman. Investments

7/0

Western Eoldings

9/3

Middle

Bub-Nigel

165

Shell Trans. & Trad

nearer

35/71

Nat Defence Bonds, 3% London-Midlands-Scot-

1011

tish, 3%

131

Great Western Rall-

way. 3%......

351

Nat Bank of India. 9%

*bid.

27

+-ex diy.

Dec.

:

Silver Duty Bate

The Central Bank of China's rate on London at 10 am today was 1/2-1/2d.

The Equalisation rate Was 24 ner cent.

Calent Exchange

Calcutta, Nov. 12 (Reuter). T.. on Japan, 81-1/4.

India Rupee Paper

Bombay, Nov. 12 (Reuter), Govt. 31% Rupee, 92-08-0,

LONDON METALS

Price,

EXCHANGE

London, Nov. 12 (Router).

Standard, Cash.

258-5/8.

Tin, Standard, 3 months. Middle Price: £280-378.

Market steady...

LONDON GOLD

London, Nov, 12 (Reuter). Bar Gold, Fine per oz., 168/-

8'hai-N'King Rly. 5%..... 11 Tientsin-Pukow Rly, 5%

(Brit. Stpd.) Tientsin-Pukow Rly. 5%

(German Stud,) Tientsin-Pukow Rly. 6%

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

(Gex. Btpd. Supl Loan) B Jap. 6% Bter, Loan, 1924 25 Ger, 7% Inti. Loan, 1924 54

7-3/16 Chartered Bank

Tin.

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, wheres: "passengers- and cargo are landed.

For further particulare

please apply to

JARDINE MATHESON&Co.,LT TELEPHONE ZOŽIL GENERAL MANAGERS

4

The Bank's Head Office in London undertakes Executor and Trustee

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

Authorised Capital............$10,000,000.00 Paid-Up Capital ......... 5,588,600.07 Reserve and Undivided

Prosta

..2, 63, 201:0

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

Board of Directora: SIE SHonsor Crow, Chairma

LI Lan Saag, Esq... Wong Cha Son, Biq.

Li Koon Chao, Eage

| P. K. Krok, Beq.

Wong Yan Tour, Baq, Kan Ying So, aq. Chan Ching Shok, Esq., Fang Ping Wah Enq KAN TONG Po, Esq., Chief Manager Li Tax Fosa, Esq, Blanagër

Amoy

Basarla

Bombay

Calestia

Branches and Agencies;··

Halphong

Landon

Manlin

Salgoo

Kalbourne San Fran. Sydory

Shah!

Every description of Banking and Exchange business transacted. Lonnt 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.

BATE DEPOSIT BOXES To Let

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN

INTERNATIONAL EXCHANGE

*1

BANK

M

PAID-UP CAPITAL: $40,000,000.00. (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the ui principal Commercial Centres the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Office:~BHANGHAI

Hong Kong Branch;

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

GAN ON

SWATOW

SHIUCHOW

KONGMOON- TOISHAN KINGCHOW...

We also handle the issue of Bonds and other Publio Funds' of the Chinese Government both at Home and Abroad.

SHOU J. CHEN.

911

Phillips Petroleum

39

Chefoo

Lyons

Colombo

Malacca

150

Public Service of NJ,

32+

Singapore Sourabaya Sungei

Dairen

Manila

19%

Pullman Inc....

267

Foochow

Muar

Patani Swatow

21

Pare 09

81

261

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

511

Rankon

51

Reading Company, Com

15

Harbin

New York

41

Remington Arms Co., Inc.

51*

597

Republic Aviation Corp. "...

54

Iloilo pob

• Peiping

41

Penang

291

Republic Steel

23

43

Revere Corp.

131

629

Reynold Tobac. "B"

347

51

Bafeway Stores

423

33

Schenley Distillers

114

1

Sears Roebuck

791

251

Shell Union Oll.

101

મ

Socony-Vacunum Oil

91

4 41

Southern Pacific

.03

.108

Southern Riy $5 pid.

231

201

Spicer Manufacturing Co. 345

10

Standard Branda ......

67

294

Stand Gas de Mec.

18

214

Standard Oil of California

19

20

Standard OÜ of NJ, ...

361

.861

Stone & Webster

.B

169

Studebaker Com

··81

11

Swift International

201..

351

Technicolor

91

36

Texas Corpn.

--387

47

Texes Gulf Sulphur

364

60

Timken-Axle

294

68

Trans-America Co.

54

351

20th Cent. Fox, • ..

51

17

Union Bag & Paper Corp.

13:

54

Union Carbide & Carbon

751

THE CHASE. BANK ~

348

Union Pacific

651

542

United Aircraft

461

15, QUEEN'S ROAD, CENTRA¡

161

United Airlines Trans

181

144

United Corpn

13

16

United Corpn. $3 cum pl

33

141

United Gas Corp

11

BO

United.. Gas Improvement

11

181

US., Industrual Altohd.

24+

18

US. Rubber

23

Kerloon

291

U.S. Rubber 38 pfd,

851

Pedang

[Langoon

Blagspors Butical Bys

22

U.S. Sinelting

661

12}'

U.S. Steel

751

741

Vanadium

361

3

53

Vultee Aircraft

Nagasaka

Baskow Homalain Labe

Baw Yark Bastola

Bemarang

Priping

Соци

91

28

Walworth Co.

કર્મ

18

Warner Bros. Pict.......

34

21

Westinghouse Elec.

1071

362

Woodward Iron Cor.

34

41

Chase National Bank

Glass

431

National City Bank

34. 281*

321