1940-11-19 — Page 10

Aluminium Ltd. Amer. Can

On demand.........

On Paris:-

On demand ...................... 106

Telegraphic Transfer. 19 PO I

and demand

On New York:—

Bank Billa, on demand 23 1/8

Credlis, 60 days' sight 94

On Batavia--·

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

| DECEMBER

JAN.-MARCE

APRIL-JUNE

Previous Nov. 16

Close Opening Closing buyers buyers 39 cts, 38-3/4 38-7/8.

ST-1/4 37-1/2 87-1/4 35-7/8 58-1/8

36 cta The market was quiet,

Change

American Cyanzmiä B. Amer. & Foreign Power

off 1/8

Amer Amer. Locomotive ......

& Foreign $7 pt.

of 1/4

Amer. Metals Co.

off 1/8

Amer. Radiator.......

Amer. Rolling Mili

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

גים!

MONEY AND

EXCHANGE

CLOSING QUOTATIONS NOVEMBER 13., 1940

On London:

Telegraphic Transfer. 1/8 7/3 Bank Bills, on demand 1/1⁄2 7/8 * Credits 4 months' sight

On Shanghai:—

On demand

On singapore S

On demand.............

On Japan:-

On India:--

PAYNE & CO.

COMMODITY BROKERS -STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

390

J2 3/#

NEW YORK, Nov. 18, 1940.

SINGAPORE RUBBER

NEW YORK STOCK EXCHANGETM

STOCKS

Adams Express Alleghany Steel Co. Allis Chalmers

QUOTATION

(REUTER'S SERVICE)

NOVEMBER 17, 1940.

Last Sale!

ני

TUESDAY, NOVEMBER 19, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... 800,000,000

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up $90,000,000¦ Incorponted by Royal Charter, 188m

Reserve Funds:

£5,500,000

Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve ability of Pro

Reserve Fund

Board of Directors:

£3,000,000 ***£3,000,00€

prietor

£3,000,000

HEAD OFFICE: LONDON:

Deputy Chairman.

38, Bishopsgata. E.0.2.

Sun-Agencies In London: 117/122 Leadenhall Street, E.0.2 West End Branch: 14/16, Cockapur Street, 8.Wi Manchester Branch: 53, Mosley Street, Manchester, 1

AGENCIES AND BRANCHES‹

HARBIN PENANG

ALOR STAR

| BANGIOK

HONG KONG, HANGOON

Sterling

STOCKA

Last Sale

Reserve Liability of

Oct. 16

Oct. 18

Proprietors

.$90,000,000

84

·Loew's Inc.

231

231.

Loft Incorperated

21

Head Office-HONG KONG

381

Mack Truck Inc.

291

............

794*

Martin, Glen L......

334

91

McKesson & Robbins, pfa

H. V. Wilkinson, Esq.,

201

..351

Montgomery Ward

30+

12"

Mtain City Copper Co..

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

31

י,

151

National Aviation"

111

18

Nat, Dairy Products

J. K. Bousfeld, Esq.,

141

21

National Distillers

A. H. Compton, Esq.

223

Hon. Mr. §. H. Dodwell,

7

National Lead

19#

G. Miskin, Esq.,

AMRITSAR

141

Nat, Fower & Light

71

8. Morrison, Esq.,

ILOIL

BALDON

Amer. B'ting and Ring Co. - 45

National Supply Corp.

Hon. Mr. T. E. Pearer,

*BATAVIA,

LONDON RUBBER

Previous close Today's close

IPOE

ARBEMBAN

Amer. Sugar Refining

151

New York Cential.....

15

C. Roberts, Esq.,

BOMBAY

KARACHI

SHANGHAI

43 1/4

buyers

buyers

Change

Amer. Tel, & Tel

1681

Niagara Hudson Power

31

Hon. Mr. A. L. Shield

3 POT

11-15/16

Amer. Tobacco “g”

711

N. American Aviation

18

Sir Vandeleur M. Grayburn,

CALCUTTA KLANG AGRSONA: -KOSE

BINGAPORM

BITIAWAN

12-1/16

Amer. Waterworks.

81

North American Co.

171

JANUARY

12-1/8 Market closed,

Anaconda Copper.

23

Northern Pacific

71

On Brigon:

FEBRUARY

12-3/18

On demand

100 1/2

On Manila:----

On demand

48 3/4

On Bangkok:-

On demand

On Sterling: Notes:-

Bank Buying Rate Bar Silver, per 02 ...

149 1/3

Now. 13 1/4

Atchison, T. & 8, Fe.

171

Owens-Illinois. Glass Co.

APRIL-JUNE

12-3/16

Aviation Corp........

51

Pacific Gas & Elec

284

Amoy

}

--D.-S., DOLLARS.

May July... October (

(

{

Spot

*

}

~ SHANGHAI “DOLLAKS

at 400.

March

May

........... 20.40b

May

July

Friday's sales:-18,036,000 bushels.

NEW YORK HIDES December..... March

Market Repor

FROM ROZA BROS.

Monday, Nov. 18th 3ilver prices were unchanged over the week-end, the quota- flons remaining at 23.1/4 for both delverlea,. Slyer advices were not received. American Silver was also unquoted, att ma

B

The London/New York, cross- rate was quoted at 4021/2 New York/London was quoted at 404

***MARKET

Stagnant,

STERLING

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

་་། ་་ ་་་ ་

No business was reported. There were sellers at 8:9/16-for-Cash, buyers at 23.5/8/for Cash,

NEW YORK COTTON: We expect very tight spot situation

Spring and believe that purchases of July and October options will eventually show satisfactory profts. NEW YORK RUBBER: The market continues to depend upon the Far Eastern developments and the approaching quota decision. CHICAGO WHEAT: Prezent prices are beginning to attract with- drawals of loan stocks. Any further advances will probably in- crease withdrawals. We would be disposed to take profits on speculative longs and reinstate on setbacks.

NEW YORK STOCKS: Previous close. 135.59: Today's close, 13473;

Change, off .86.

12

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

New York Cotton. Dec. New York Rubber, Dec, Chicago Wheat, Dec. ..... Chleage Corn, Dec, New York Eldes, Dec.

NEW YORK COTTON Dec. (New contaret) January ... March..

Total sales ́Friday:—208,800 bales.

Business was arranged at 392 NEW YORK. RUBBER

1/2 and also 300. The marketDecember closed with sellers at 399 buyers January

SHANGHAI ¿MARKET ---., d Opened with sellers of sterling

for Epot at 3.3/4 and UB. Dollars į

Total sales:-310-tons.

at 57/8. The Sterling. market CHICAGO WHEAT

closed at 3.49/64 and U.8. Dollars December

at 5.23/32, both sellers for Spot.

AFTERNOON. MARKET

The market was extremely quiet

in the afternoon.

*

STERLING

CHICAGO CORN

There were sellers at 1/2.31/32 December November/January, buyers at 1/3 May for Cash.

U. S, DOLLARS Bellera for Cal at 23.9/16 and buyers at 23.5/8 for Cash,

SHANGHAI DOLLARS Bellers at 399, buyers at 400.

SHANGHAI MARKET Sterling sellers, for Spot at 3.49/" 64 and US. Dollars at 5.29/32. Towards the close sellers for Sterling were quoted at 33/4 and UB Dollars at 6.7/8 for Epot..

Shanghai Exchange

Shanghai, Nov. 18 (Reuter).. Oficial 'T.T, Rates:***

Opening

London

New York

Japan

India

Hongkong

July

13.15b 12,80/90 Total sales for the day:-122 lots. N.T. Official Silver..... 34-3/4 NY-London Cross Rate 4.04

LONDON STOCK EXCHANGE

(REUTER'S SERVICE}

London, Nov. 15.

The following quotations are the middle prices at the close of the

Tientsin-Paxow Rly. 6%

(Brit. 8tpd. Supil. Loen) B Tientsin-Pukow Rły. 5%-

(Ger.Atpd. Supl, Lean) 8

market" in London. · All quotations Jap. 8% Ster. Loan, 1924 274′′ ars subject to confirmation and no Ger; 7% Intl. Loan, 1924. 6. responsibility is assumed for errors | Chartered Bank

| HK. & 5'hai Bank (idn

Rex.)

BK, & Bhai Bank (Col.

Peg)

Chinese Eng., & Mining

Chosen Corporation.

for 8 8

Bendix Aviation

Kiss Co.

-1940

by

Baldwin Lecometive

17

Packard Motors

31

Bangkok

Baltimore & Ohio

#

Pan-American Airways

17

Batavin

Kowicon

Saigon Sab

Chief' Manager. } FALMEin Prior

Branches: " Johore Rangoon Kobe

KUALA

BOUBABATA

CANTON

ZUMPUR

TAIPING .

CAWN PORI

KUCHING

CU

KADRAN

COLOMBO DELHI

MANILA

TIENTSIN

TONGKAN

(-Bhuket)

MEDAN

TBINOTAQ

Barber Asphalt Co.

101

Paramount Pictures

82

Bombay

Eusla

Francisco

Barnsdall Ou

01

| Pennsylvania. RE.

25

Calcutta

Lumpar Shanghai

93

Philadelphia Read, Coal

Canton.

London

Bethlehem Steel

871

Chefeo

Lyon's

Phillips Petroleum

391

Colomb

Malacca

151

Singapore Sourabaya Sungei

Public Service of N.J.-

301

Dairen

Boeing Airplane Co.

184

Pullman Incl

284

Foochow

Swatow

Borg-Wamer

21**

Pure Oll

8+

Briggs Mig.

247

Radio Corpn. of Am.

B1

Bankow

Murden

· Budd Mfacturing Corp." (5)

Reading Company,

Com

141*

Harbin

New York

Canadian Pacife R'way, ...

4+

Remington Arms Co., Inc..

Iloilo

Peiping

Tokyo Tsingtao Yokobama

Case, J

01

1pob

Peuang

Republic Aviation Corp. ...

BE

Celanese

281

Republic Steel

321

Chesapeake & Ohio

427

Revere CorpD...

121

Chrysler Corpn.

791

Reynold Tobac, “B”

· Columbia Gas & Elec,

51

Safeway Stores ....

43

·Prev. Today's High Low Close Close Change 10.13 9.98 10.08 10.03 .05 off 20.90 20.80 20.98 20.80 .18 oft

891

881 83

89* 641 631 631 13.06 12.98 13.15 13.01

Commercial Credit Co.

327

Schenley Distillers

107

rencion

Com, & Southern (Ord.)-

Sears Roebuck

781

Consolidated. Edison

24

Shell Union Of

-10

Consolidated Of

Socony-Vacuriam Ou

* up

Continental Can

39

Southern Paciic

A "up

Continental ol....

201

Southern Rly $5 pid.".

4.23.

14 off

Copperweld Steel

191*

Spicer Manufacturing. Co. 342

Close 10.08/08

Opening

Closing

Change

Curtiss Wright (C.) .............

10.

Standard Brands

睡

10.08/08

10.03/04

.05 off

Curtiss Wright "A"

(201

Stand Gas & Elec

10.00/00

9.99b/10.01a 9.95 N

.05 off

Deere & Co. .....

21

Standard Oil of California 20

10.09/10

10.10/11

10.04/04

05 'off

Distillers Corpn, Seagrama

19

Standard Ou of NJ.

36

10.03/04

.10.03/03

9.99/99

04 off

Douglas Aircraft

81+

Stone & Webster

71

9.89/89

9.89/89

9.84/84

Du Pont de Nemours

.1851

.05 of

Studebaker Com,

9.55/57

9.58/58

9.45/45

10 da

Eagle Picher Lead

11+

Swift International

18

10.08 N

10:03 NY

05 off

Eaton Mig. Co.

33+

Technicolor

Elec. Autolite

35+

Texas Corpn.......

28

Elec. Bond & Share

41

Texes Gulf Sulphur

361

Elec. Bond & Share $5 pf.

57

Timken-Axle

28#

20.98/98 . 20.90/90 20.83b 20.57/57

Elec. Bond & Share $6 pf.

66.

Trans-America Co.

20.80/80 unquoted 20.65b 20.45b/55a 20.40/40 20.39/30 20.20b

18 off

Elec. Power & Light $7 pf.

31

20th Cent. Fox

B

18 off

Flintkots

17

Union Bag & Paper Corp.

134

17 of

Cen. American Trans.

531

Union Carbide & Carbon

131

.20 off

Gen, Electric

35

Union Paclite ...

63+

Gen. Motors

60+

United Aircraft

451

Gen. Railway Signal

16

Valted Airlines Trans

181

Gen. Tire & Rubber

14

United Corpn. --

14

881/881 881/88 891/891 88/877 87/871 88/89 841/141 831/831 851/851

up

Glidden Co.

·151

United Corpn. #3 cum pf. 32)

up

Goodrich (B.F.)

151

|United. Glas Corpn.

1

+ up

Goodrich $5 pf.

631

United Gas- Improvement

10)

Goodyear Tire & CO. .............* Great Northern Iron Ore - 171

18+

UB., mdustrual Alcohol.

221

V.B. Rubber

24

Great Northern Rly, pfd

281

US. Rubber. $8 pid.

87$

639/634 63+/031 641/64) 641/641 642/641

651/651 647/642 64/641 85+/65

BB

12p

up

Great Western Sugar Greyhound Corpn.

211*

Interest Rates on Appliestion.

US. Smelting-

65

11+

US Steel

71

SAFE DEPOSIT BOXES

Manila. Patani Muar

Haiphong (Johore) Tiantain

NEW YORK TOKOHAMA PRIPINA

HAIPHONG> BAMBU EG KĀNKOW (Peking)

FORBION "ExGrange and General Banking Busines transacted.go

CURRENT Accounts cpaned and FIXED DEPOSITS received for One Year or shorter periods in Losal or Other Currencies at rater which will be quoted on application.

SAVINGS ACCOUNTS "also opened in Local Currency and Sterling with CUBAKST ACCOUNTS" opened in interest allowed at rates obtainable LOUL CUBRENOT and Fizzo Dastrop application..

Á reenived for one year or shorter) The Brok's Head Offles in London periods, in Local and other Curandertakes · Executor and Trastes on terms which will be business, and claims recovery of quoted on application.

British Income Tax overpaid, on

Also up to date Ear DIPOSIT terms which may be ascertained at tuzza în various sizes To L

any of the Agencies and Branches. Hong Kong. 28th February, 1940.

R. A. CAMIDGE,

Manager.

HONGKONG SAVINGS

BANK

The Business of the above Bank is 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., 1830.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAI

HEAD OFFICE:

2018, PINE STEIN,

NEW YORK. An American Bank offering cam plete Foreign Banking Servic in the principal Markets of the world:

BANK OF EAST ASIA, LIMITED

Authorized Capital.. Paid-Up Capital Rezerve and Undivided

Profis

$10,000,000.00 5,598,600.00

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

Board of Directors: SIX SHOPSON. Chow," Chairman Li Koon Chan, Esq. Li Lan Bang, Bag, P. K. Kwak, Exq, Woor Cha Son, Esq. Wong Fun Tong, Esq. Kan Ting Po Chan Ching Shuk, Kaq, Fung Ping Wah Bág KAN TONO Pó, Esq., Chief Manager. LI TSE FONO, Esq., Manager

Amoy

Batavia

Branches andTM Agencies::-

KOTIOO Penalt Singapore London

Bangvon Bourabaya Macella flalzon Bestow

Melbourne Ban Frea- Sydney

sino on ka COST

2,963,201.50

Bounty

Caletta

Haiphong

Kagasaka

up Hercules Powder Co.

73*

Vanadium

341

Zámolnin

Parts

New York Bentti.

Bentarang

Homestake Mining

Int Nickali

13,08/00 13.01/01 12.75/15 12.77/77

...14 o

Inter. Paper & Power

.13. off

Int. Tel, Tel.......

unquoted.

4.04

Kendecott Copper “......................... Lakey Foundry & Mac. Libbey-Owens-Ford Glass Lockneed Aircraft

DOW JONES AVERAGE',

Nov. 17, 1940.

High Low Close Change 135.52 133.90′ 134.73

.80 off 29.61 29.46; 29,51 · ¡42 off-

10 off *21.05 20.87 20.98

High Low Dow Jones Averages 152.90 111843 Industriala

3767 31/5 20 Rails

Nov. 18, 135.59

2193

20:45 1803 90 Utilition -

+91 06

80.93 23.06 40. Bonda

90,24

64.074847 11 Commodity Inder

57.45

Business Done-420,000 shares

80,70 14 off 2:57:44

D. M. BIGGAB,

Second Vis Pray

A Job?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Pakiong

SWATOW SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

"KOBE " and "OBAKA

0/3-11/16

5-3/4 24-3/8

in transmission.

20-3/8 N 24-1/2

Sterling

Rellers

Spot

•Nov.

·Dec

18. Dollars

Spot

Dec.

$5-7/8" $5-7/8... (5-7/8 5-7/8

5-710 5-7/8

Märket :-----Quiet,

Silver Duty Rate

Opening Closing 0/3-3/4

0/3-3/4

0/3-3/4 0/3-3/4

0/3-47/84 0/3-47/64

The Central, Bank of China's rate on London at 10 am. today was 1/2-1/24/2

The Equalisation, rate was 231

Der cent.

Chin 4% Anglo-French

Loan, 1998

Chinese 6% Crisp Loan.

1912

Chinese-6%-Reors, Loan.

1913 (Lan. I) ...

Chinese 8% Ster. Noter.

1925 (Vickers).".

Chin: Imperial Rly. 5%

Toan

The Tai Yuen Bank Ltd. has Lung Taing & U Hai been added to the list of Chinese | Rip.. 5% 1913 S banks permitted to sell Chinese Shaf-N'King Rly, 5% currency and to remit money to Tientsin-Pukow Rly. S Ohins, subject to such limita and (Brit. Etpd.) on such conditions" as have been | Tientain-Pukow Riy notified" to the bank

«(German: Eftpd);

War Loan,, 31% (Red/

after 1952) Canton-Kloon Rly, 5% 8 Chinese 41% Gold Loan 1898 (Brit. Isrue) .....

1019

1 beater)

14/

32

| Chinese 5% «Gold Bands.

1925-47

Pekin Syndicate

S'hal Elec. Constr. Co.

15/-

S'hal Waterworks “A”

13

Union Insurance

20

TO

Oula Kalumpong Rubber 15

13

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

Mercantile Bank

00/T1 10

2.

Dunlop Rubber

*33/6

Bristol Aeroplane

10/8

Imperial Chemical Ind. 29/9-

United steel

21/9

(44.99

Woolworths

60

All steamers borili alongside

Honan Rly, 5%

kuang Rly 6% 1911.. LPN/Y I)

10.

Marsman Investments

7/6

the Roosevelt Terminal in

Western Holdinga

the French Concession at

9/3

Sub-Nigel

175

Shanghai, where passengers.

and cargo are landed,

akuang Rly 6% 1911, *(German Jama)

Abell Trans & TIRA

bearery

Nat Londen

Great

ST/B fence Bonds 3% 101%

For furthe

partiqu

please spp

Nat Bank of India. 17

ARDINEN

SINGAPORE PENANG and CALCUTTA

"SANDAKAN

HATHONG

Piping

Every description of Banking and Exchange business transscted. Lowas granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita ceived for one year or shorter periods in Local and Foreign Cur rencies on terma which will · be quoted on application.

SAFE DEPOSIT Box: To La.

KAN TONG PO,

BANK OF :

Chief Manager.

CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

∙BANK PAID-UP CAPITAL $10,000,000.00 (BRANCHES ALL OVIE CRIMA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend o our Clients special facilities for Domestic and Foreign Banking and Exchang

Head Office:-BHANGHAI Hong Kong Brinchi QUEEN'S ROAD, 0. South Chima Offers!

CANTON SWATOW

-KONGMOOM: TOISHAN

SHIUCHOWKINGCHOW

We also handle the issue of Bonds and ather Public Fands of the Chinese Government both at Home and Abroad.

SHOU

511

Vultee Aircraft

81

281

Walworth Co

161

Warner Bros, Plet.

27

This Bank is entirely owned by

THE CHASE NATIONAL · Baxt NEW YORK, with “Essources "of · pref .......U.§.$2,900,000,000,

Kobe

2%

Westinghouse Elec,"

1041

361.

Woodward Iron Cor.

317

4.

461* 30%

Chase National Bank : National City Bangk

33*

274*

SON&Co. L

HONE 3OJIL GENERAL MANAGERS