1940-11-21 — Page 10

(FROM PAYNE & CO.)

Zluminium Ltd,......

On demand

52 3/4

Amer, Can

On Japan:-

NEW YORK, Nov. 19, 1940.

American Cyanamld B

105

SINGAPORE RUBBER

Previous Nov. 19

Close Opening Civilng buyers buyers

Amer. & Foreign Power

Change

Amet & Foreign $7 pt.

smer, Locomotive

38-314

38-1/2

37-1/4 37

APRIL-JUNE

35-3/4 35-1/2

38-5/8 37 39-5/8

off 1/B

-Amer, Metals-Co...---

On 1/4

Amer. Radiatur

off 1/8

Amer, Rolling Mill

The market was quiet. LONDON RUBBER

Amer. Sting and R'mg Co. 451

Previous close Today's close

Amer, Sugar Reaning

.......... 43 1/4

buyers

buyers

Change

Amer. Tel. Tel

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 20, 1940

On London:-

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

On Shanghai:—

On demand

On Singapore:----

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

On demand

On India:--

Telegraphic Transter.

and demand. 182 1/2

On New York:-

Bank Bills, on demand 23 1/8 Credlis, 60 days' sight 94

On BatavİA :--

On demand

SPOT

JAN.-MARCH

NEW YORK STOCK EXCHANGE

STOCKS

adana Express

Alleghany Steel Co. Allis Chalmers .....

QUOTATION (REUTER'S SERVICE) NOVEMBER 20, 1940

THURSDAY, NOVEMBER 21,

· BANKS

1940.

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1868 Paid-Up Capital ...... .....£3,000,000 £6,500,000 Reserve Fund

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

prietors......

$90,000,000

Head Office:-HONG KONG

Board of Directors:

Chairman.

.£3,000,000

....£3,000,000

HEAD OFFICE: LONDON:

35, Bishopsgate E.0.1. Sub-Agencies In London: 117/122, Leadenhall Street, EC.S

West End Branch: . 14/16, Cockspur Street, B.W! Manchester Branch: b, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES.

HALBEN

PENANG HONG KONG RANGOON ILOILO IPOH

ALOE STAR AMRITSAR BANGKOK

BATAVIA

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

INDIA, AUSTRALJA AND CHINA

Hehorve Funds: Sterling

Last Sale

STOCKB

Last Sale

Nov. 19

Nov. 19

Reserve Liability of

Proprietors

01

Loew's Inc.

231

237

Left Thearpersted

21*

367

Mack Truck Inc,

26)

79

Martin, Glen L

331

80

McKesson & Robbins, påd. 261

H. V. Wilkinson, Esq.,

35

Montgomery Ward

38%

1*

Mtain City Copper Co.

4.

Hon. Mr. J. J. Paterson,

Deputy Chairman.

...

151

National Aviation

11

16)

Nat Dairy Produčia

.14

191

National Distillers-erre

231

J. K. Bousfield, Esq., A. H. Compton, Esq.,

Hon. Mr. 8. H. Dodwell,

71

National Lead..........

193

G. Miskin, Esq....

16+

Nat, Fower & Light

74*

E. S. Morrison, Esq.

BAIGON

National Supply Corp.

72..

Hoa. Mr. T. E. Pearce,

SEREMBAN

151

New York Gential

142

C. C. Roberts, Esq.,

BOMBAY

KALACHI

BILANCHAI

167

Niagara Hudson Power

34*

Hon. Mr. A. I Shields,

CALOUTTA

KLANG

SINGAPORA

On Paris:-

Bank Bills, on demand Nom.

SPOT

11-7/8

11-13/18

off 1/16

Amer. Tobáoto. “B” „ku

714

N. American Aviation ....

18

Sir Vandeleur M. Griyburn,

AGENCIES:

XOSE

BITIAWAN

Credits 4 months' sight Nom

DECEMBER

12

11-15/16

off 1/16,

Amer Waterworks

B1

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

17

·Chief Manager. Fukits Pracu

KUALA

NOURABAYA

JANUARY

12-1/16

12-1/16

unch.

Anaconda Copper

271

Northern Pacita

7+

On Balgon:-

On demand

100 1/2

FEBRUARY

12-1/8

APRIL-JUNE

12-1/8

12-1/16- 12-1/18

D-1/18

Atchison, T. & 8, Pt.

181

Owens-linola Glass Co.

401

Branches:

o.1/16

Aviation Corp.

5 wa

Pacific Gas & Elec

281

Amoy

On Manila:-

48 1/4

The market was dull.

1491/9

Bank Buying Rate

Nom.

23 3/16

יד

NEW YORK COTTON

MARKET

January

March

{

November/February.

at July..

October [ Spot

20.35/35 20,175

Total sales:-1,230 tons.

CHICAGO WHEAT

The market closed

at 398.1/2, buyers at 399.

SHANGHAI MÄRKET Sterling at 3.3/4 and and U, X. Dollars at 5.29/32, both sellers for Spo*.

Shanghai Exchange May

Shanghal, Nov. 20 (Reuter).

Official T.T. Hates

December May July

On demand

On Bangkok:-

On demand

On Sterling Notes:--

Bar Büver per oz

Market Report

NEW YORK RUBBER: Shipment offerings were freer and demand

was slow.

CHICAGO WHEAT: Offerings of cash wheat were limited. Milling

demand was good.

NEW YORK STOCKS:

Change, off 28.

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

FROM ROZA BROS,

Wednesday, Nov. 20. Sliver prices were unchanged yesterday, the quotations remain- ing at 23.3/18 for Ready and 23. 1/4 for Forward. Bilver advices reported the market as being quiet and featureless. American

was quoted at 34.3/4 for New York Cotton," Dee, silver

New York Rubber, Dec. Spot.

The London/New York cross Chicago Wheat, Dec. rate was quoted at 402.1/2. New Chicago Corn, Dec. York/London was quoted at 403-New York Hides, Dec. 3/4.

11

The market was steadier for Dec. (New contract) both Sterling and U.S. Dollars.

STERLING

There were sellers at 1/231/32 May

123.1/32 for Cash.

buyers

U. S DOLLARS" The market opened with sellers at 23.9/16 for Cash, buyers at 23.11/18 for Cash resulting in a small business at 23.11/16 for for ward delivery. The market closed at Noon with a possible seller at at 23. 23.11/16 for Cash, buyers .3/4 for Cash,

SHANGHAI DOLLARS Business was arranged at 319. with sellers

Total sales Monday-93,000 bales, NEW YORK RUBBER

December January March May

Baldwin Lecometive

174

Packard Motors

3

Bangkok

Johore Rangoon Kobe

CANTON CAWNPORE

CESO

COLOMBO

LUMPUR

KUCHING

KIDRAR

MANILA

TAIPING TIENTS IN TONGLAN

(Bhuket)

Baltimore & Ohio

44

Pan-American Airways

17

NEW YORK COTTON: A potentially tight Spot position is develop.

ing as a result of the Loan situation,

Hatavia · Kowloon

Saigon Sad

DELH1

MIDAN

TRENGTAO

HAIPHONG " FEW TOẠT

TOKOHAMA

Barber Asphalt Co.

101

Paramount Platures

Bombay

Kasla

Franciaco

Barnsdall Ou

10}

Pennsylvania ĒR

251

Calcutta

Lumpur

Shanghai

Bendix Aviation

33

Canton

London

Philadelphia Read, Coal

Singapore

Bethlehem Steel"

Chefoo

87%

Phillips Petroleum

394

Lycus

Sourabaya

Colombo

Malacca

Bliss Co.

15

Sungai

Public Service of N.J,

300

Dairen

Manila

Boeing Airplane Co.

191

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

267

Foochow

Munr

PataniTM Swatow

Previous close, 134.74; Today's close, 134.48;

Borg-Warner

22

Pure Ou

81

Haiphong

Briggs Mfg.

242

Radio Corpn. of Am.

51

Bankow

Budd M'facturing Corp.

54

Reading Company,

Com

131

Harbin

Canadian Pacific R'way ..

41

Remington Arms Co., Inc.

54

Iloilo

Peiping

Case, J.I.............

627

Republic Aviation Corp.

51

Ipab

Penang

Celanese

281

"Republic Steel

-228

COREENT ACCOUNts

opzed

Chesapeake & Ohlo.

43

Revere Corp..

114

LOCAL CORREMOT and FIXED DEPs

Chrysler Corpa,

80

Reynold Tobas. “B"

34

received for one year or shorter

12.67

Prev. Today's High Low Close Close 10.23 10.10 10.13 10.20 20.72 20,60 20.76b 20.60

891 881 891 89 851 641 042 647 12.90

12.85b 12,85

Columbla Gas & Mec.

5

Safeway Stores,

423

Change

07 up. .16 of ✦ up

Commercial Credit Co.

321

Schenley Distillers

117

Com, & Southern (Ord.)

1

Sears Roebuck

771

quoted on application.

Consolidated Edison

24

Shell Union Oil

101

Consolidated Oli

61

Socony-Vacunum“ on

94

1 up

Boxa in various sizes To Ler. Hong Kong, 28th February, 1940:

Continental Can

38

Southern Pacifle

82.

*"

Close

10.13/13

Opening

Closing

unch.

Change

Continental OF

214

Southern Rły 15 ptd.

221

(Johore)" Tientsin Mukden Tokyo New York

Tsingtao Yokohama

HANKOW

PIPING

(Peking)

FORDION Exchanos and Giners) - Banking Business trápásĉied. " «ÜCHEINT · ÁUcʊati`epened and Fixed Deposim received for One Year, or shorter perioda in Losal or Other Currencies 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.

The Bank's Head Office in London

periods in Local and other Our-undertakes Executor and Trustee rencies on terma which will be business, and claims recovery of

Also up to date SA DEPOSIT terms which may be ascertained at

any of the Agencies and Branches.

RA. CAMIDGE,

Manager:

HAMBURG

British Income Tax overpaid, on

Copperweid Steel

Curtiss Wright (C.)

10.10/10

10.20/21

.07 up

Curtiss Wright "A"

10.50 N

10.00b/03a 10.14/14

.09 up

Deere & Co.

}

10.14/14

✓ 10.12/12

10.20/21

,08 up

Distillers Coron. Seagrams

>

(0.09/09

10.05/04

10.14/14

.05 up

Douglas Aircraft

}

9.93/03

9,90/90

9.97/98

.04 up

Du Pont de Nemours

}

9.58/56

9.53/53

9.64/84

.68 up

Eagle Picher Lead

10.13 N

10.211.

.08 up

Eaton Mfg. Co.....

Elec, Autolite ...

Elec Bond, & Share

Elec, Bond & Share $5 pf.

20.76b 20.81b

20.72/70

20.59b

20.80/60 20,45b

18 off

Elec Bond & Share $6 p.

.18 off

Elec. Power & Light $7 pf.

31

20.34/35 20.28a

20.17/17

.18 off

Fintkote

20.00/00

17 of

Gen. American Trans.

Gen. Electie a

Gen Motors

Gen. Railway Signal

Gen Tire & Rubber

881/884

882/881

89/89..

$ up

Glidden Co.

821/88) 841/847 843/84}

4877/88

881/881

i up

Goodrich (B.F.)

841/841

unch.

Goodrich 35 pf.

Monday's sales:-13,285,000 bushels.

Goodyear Tire & Co.

Great Northern Iron Ore

CHICAGO CORN

December

Great Northern Rly, pfd.

•847/641 65/65

642/841 65/641

641/65

up

Great Western Sugar

851/651

up

Greyhound Corpä,

July

847/647 642/647

Hercules Powder Co.

651/05\

קנר

Homeatake Mining

Opening.....

London

New York

Japan

0/3-11/16

NEW YORK HIDES

December... March....

Int Nickel

12.85b/86a12.08/80

12.60b/64 12.60/55

12.85b 12.630/65a

5-3/4

Total sales for the day:-178 contracia.

24-3/8

Tridka

Hongkong

Sterling

Sellers

Opening Closing

013-3/4. 0/3-3/4

0/3-3/4

6/3-49484 9/3-47/01

U.S. Dollars

Spot

Nov. Dee.

013-3/4

Spot

Nov. Dec. Market: Very quiet.

5-7/8

5-29/32 5-7/8

$5-29/32

5-29/32

$5-29/32

20-3/8 N

N.T. Offelal Silver 84-3/4

34-3/4

24-1/2

NY-London Cross Rate 4.03-3/4

4.03-1/4

unch. .03 up

Lat, Tel. & Tel... Kenmecatt Copper Lakey Foundry & Mac,

Glaze 481 Libbey-Owens-Ford

30% Lockheed Aircraft ...........

Inter. Paper & Power

div.

.30 of .20 up

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.

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 28th Feb., 1930.

THE CHASE BANK

18, QUEEN'S ROAD, CENTRAI

HEAD OFFICE:

18, PINE STREET,

NEW YORK An American Bank offering.com- plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT. BOXES

This Bank is entirely owned by THI CHABE NATIONAL BANE,

NEW YORK, with Kesourow of owej U.B.52,900,000,000,

D. M. BIGGAR,

Bsooné Vice Pres

Ajob?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

LONDON STOCK EXCHANGE

(REUTER'S - SERVICE)

London, Nov. 19.

DOW JONES AVERAGE

1840

The following quotations are the

Tier in-Pukow Bly, 6% (Brit. Stpd. Supl. Loan) Tientsin-Pakow Ry, 5%

High

Low Dow Jones Averages 1680 111.84 30 Industrials

Nor. 18,

31.67 22.15 20 Hails

134.74 20.10

26.46 18.03 20

Utilities

21 16

Nov. 20, 1940

High Low Close .1999 133.51 134.48 29.80) 29.37.29.89 11.11 20.80 20,9

Change

|

Chin. Imperial Rly, 5%

Kka

Loan Honan Fly, 5% Rukuang Rig &%, 1911.

(LP. N/T Issue) Hukuang Rly, 5%, 1911

Calcatis Exchange

Calcutta, Nov. 19 (Reuter). Ton Japan, 81-1/4.

LONDON METALS

EXCHANGE

Tidon, Nov. 19 (Reuter).

Standard Cash, Middle: Price. £25T-5/8

Tin, Standard, 3 months, Middle- Price: £259-5/8,

Market steady.

SILVER MARKET

LONDON SILVER London, Nov. 19 (Reuter). Silver-Market quiet, and fea- tureless Business simallish. the afternoon, the market was very quiet with no business.

Spot, 3-3/184

Forward, 23-1/4d

LONDON GOLD

London, Nov. 19 (Reuter). Bar Gold, Fine per oz, 1887-

market in London. All quotations Jap. 4% Bter. Loan, 1924 are subject to conârtiátton and as Ger, 1% Intl. Lean, 1924 | emaponsbility is senumed for errors Chartered Bank

In transmission.

(German Issue) Lung. Taing & U Haf

Rly. 6% 1913 Shal-N'King Rly. 5% ... 11, Tientsin-Pukow Rly, 5%

(Brit. Stpd.) Tientsin-Pukow RIY, 5%)

(German. Btpd.) .................

tish. 3% |Great Western, Rall-

way 32 .. Nat Bank of thala, 3%

bid.

middle prices, at the close of the

(Ger.Bipd. Bupi. Loan)

8

90,90 83.06 40 Bonds

20.03

28

61.07 48:47 11 Commodity Index

57.33

DQ.63 57.99

.26 off .01 off ..") of

Business Done:-700,000 shares

74

HK & 8'hai Bank (Lán.

2

Reg.}

58

War Loan, 34% (Red,

after 1952) Janton-K'lcon RI, 5% Chinese 41% Gold Loan 1898. (Brit. Issue?..... Chinese 5% Gold Bonds.

1935-47...... 30 Chin, 4% Anglo-French

HR & Bhai Bank (Col.

1014 &

F.eg)

Chinese Eg & Mining

<bearer)

32

Chosen Corporation

14/- 4/-

Pekin 6yndicate

6'hal Elec. Constr. Co. S'hai Waterworks “A”

· 15/-

134

Loan, 1938. 44 Chinese 5% Crisp Loan.

1912

Union Insurance-

20

TO-

Gula Kalupong Rubber15/7)

13

·B.-A. Tob,, (bearer)

87/6

Chinese 5% Reorg; Load,

1013 (Ldn. 15.) Chinese 8% Ster. Notes.

Mercantile Lank

101

19

Dunlop Rubber

33.

Bristol Aeroplane

10/48-

1925 (Vickers): «.......

8

Imperial Chemical Ind.

29/11

United steel

pdnung.

21/41

Woolworths

58/10

All steners barth singede

10

Marsman Investments ...

7/8

the Roosevelt Termina

Western Holdings

0/3

the French Conosion at

Sub-Nigel

Shanghai, where passengers

175

and cargo are lauded." -

10

bell Trans, & Trad

(better)

38/9

Nat Defence. Bonds, 3% 101 London-MHflands-Scot

144

***SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD. TELEPHONÉE 2031EGENERAL MANAGERS

BANK OF EAST ASIA, LIMITED

Authorized Capital...$10,000,000.00 Paid-Up Capital ... 5,598,600,00 Reserve and Undivided

Profits

..2,983,281.30

Head Office:--HÓNG KONG

No. 10 Den Voeux Road, Central,

Board of Directors:

BIR SHOWBOY Cuów, Chairman

Li Koon Chan, Esge Ll Lan Jang, Eag P. K. Kwok Esq. Worn Chn doa, Esq. Wong Inn Tong, Esq. Kan Tine Po, Bag. Chan Ching Shok, Esq. Fang Ping Wah Baq Kar Tovo Po Ese, Chiến Harper Li Tax Fond, Esa, Managér

Branches and Agencies:-

Polping

Sheng ba

Every description of Banking and Exchange businem transacted. Lokon granted on approved ancurifier.”

Current Accounts opened in Eqe Currency and Fixed Deposite re ceived for one year or shorter. periods în Lockt and Foreige Cur- rencies on terms 'which will Ne

noted or application ...

SAFE CEPOSIT BOXES TO L

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 (Bancies Art. Üven Cema) Owing to our numerous Branchen “ in China and connections in the principal Commercial Centres ~41 == the World, we are able to extend our Clients special facilition for Doinestic and Foreign Banking and Exchange.

Head Office:-SHANGHAI Hong Kong Branch: QUEEN'S ROAD, 0. „South China Offices:

CANTON

KONGMOON BWATOW

TOISHAN SHIUCHOW KINGCROW

We sita headle the issue of Bonda andelier: Publid Eúndí of the Chinese Governambut both at Home Fand Abroad,

SHOU J. CHEN.

20*

Spicer Manufacturing Co. 333

10A

Standard Brands

61

291

Stand Gas & Elec.

13

212

Standard Oll of California

198

191

Standard Oll of N.J.

361

824.

Stone & Webster

76

1631

Studebaker Com

81

11

Swift International

18

333

Technicolor

"1

91

361.

Texas Corpa.

.39%

41

Texes Gulf Sulphur

37

58

Timken-Axie

281

65)

Trans-America Co.

5

32%

20th Cant. Fox.

53

觱

17

Union Bag & Paper Corp. 131

521

Union Carbide & Carbon 744

JI

85%

Union Pacific

82

501

United Aircraft

481

154

United Airlines Trans

18

14

United Corpn.

14

158

United Corp. $3 cum pf. 33

15

United Gas Corpn.

1

641

United Gas Improvement

104

181

US.. Industrual Alcohol.

221

173

US, Rubber

241

281

US. Rubber #pid.

871"

221

US, Smelting

65

11

0.8. Steel

7041

-73.

Vanadium

349

52

Vultee Aircraft

82.

Amay

BASTIA Banay

Korloos Loode

Baroqu

Врерога Buzzadega

Saigon Вики

Calitza

Malboards

Halabong

ušana Santiln

Bankow

New York

soylar

· Kosatuta

Bewaring

ove

AQUIAS. "DORF AND

271

| Walworth Co.

51

171

Warner Bros. Pict.

22

2*...

357

4.

Westinghouse Elec.. Woodward Iron Car. Chase National Bank National City Bank

1048

311

33*

27"