1940-11-27 — Page 10

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PAGE 10-HONGKONG. DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG..

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 26, 1940

On London:

Telegraphic Transfer: 1/9-7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight.

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE) NOVEMBER 26, 1940

WEDNESDAY, NOVEMBER 27, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital: 850,000,000-

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 820,000,000; Incorporated by Royal Charter, 1859

Reserve Funds:

Sterling

Paid Up Capital £6,500,000 Reservo Fund

£3,000,000

$3,000,000

£3,000,000

HEAD OFFICE: LONDON:

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

priators

STOCKS

Last Sale:

STOCKS

Last Sale

Nov. 25

Proprietors

$20,000,000

Adams Express

Loew's Inc.

291

Alleghany Steel Co.

-231

Loft Incorperated

201

Head Office: HONG KONG

COMMODITY

MARKET REVIEW (FROM PAYNE & CO.)

On Shanghai:

Allis Chalmers

35?

Mack Truck Inc.

On demand

300

Aluminium Ltd.

781

Martin, Glen L...

33 á

Board of Directors:

On Singapore:-

Amer, Can

McKesson Robbins, pid.

H. V. Wilkinson, Esq.,

NEW YORK, Nov. 25, 1940..

On demand

69 3/4

American Cyanamid B.

344

Montgomery Ward

371

SINGAPORE RUBBER

Previous Close

Nov. 25 Opening Closing

On Japan:-

Amer, & Foreign Power

Mtain City Copper Co.

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

Change

On demand

14.

Amer & Foreign $7 pt.

154

National Aviation

*buyers buyers

In India:-

Amer, Locomotive

Nat, Dairy Products

A POT

38-3.8

38-1/2

38-5/8

up 1/4

Telegraphic

Transfer.

JAN-MARCH

37-1/2

APRIL-JUNE

38 cls.

37-1/2 37-5/8. 36 cts 36-1/4

up 1/3

up. 1/4

and demand „ùnimių) On New York:-

82 1/2

Amer. Metals Co.

19"

National Distillers

Amer. Radiator

JE. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell,

National Lead

6. Aliskia, Esq.,

eti

Amer. Rolling Mill

157

Nat, Fower & Light

The market was steady,

Bank Bills, on demand 23 1 Credius, 60 days' sight 24 1/8

Amer, Sting and Ring Co.

447-

K. S. Morrison, Esq.,

Deputy Chairman.

38, Bishopagate E.US

Sub-Agencies in London:

117/129, Leadenhall Street, E.C.S West End Branch:

14/16, Cockspur Street, S.WI Manchester Branch:

32, Mosley Street, Manchester, 2 AGENCIES AND BRANCHES

ALOK STAR AMRITSAR BANGKOK

National Supply Corp.

Hoa. Mr. T. E. Pearce,

BATAVIA

LONDON RUBBER

Previous close Today's close

Amer, Sugar Reining

14)

New York Central

14)

On Batavia:-

C. C. Roberts, Esq..

BOMBAY

buyers

Change

On demand

43 1/2

SPOT

11-11/16

11-3/4

DECEMBER

JANUARY

FEBRUARY

APRIL-JUNE

11-13/16 12

11-13/16

up 1/18 unch.

Ju Paris:-

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

Amer. Tel. & Tel... Amer. Tobacco "B" Amer, Waterworks. Anaconda Copper

1651

Niagara Budson Power

701

N. „American Aviation

171

Hon. Mr. & I. Shielda, Sir Vandeleur M. Grayburn,

SALCETTA

HAHRIN EON XONG TOMA IPOR

КАРАСЯ 1

KLANG

PENANG

BANGOO

BA100K

BEREMBAN

SHANGHAI

North American Co.

AGENCIES: КОБ CATE STREET

BINGAPORN.

BITIAWAN

371

Chief Manager. Faux PLACE

KUALA

BOUEADAYA

Northern Pacific

12-1/16

12-1/16 12-1/16

Atchison, T. & 8. Fe.

184

Owens-linols Glass Co.

473

On. Saigon:-

287

$73

881"

021

611

12.76 12.67

Opening

10.17/18

10.16/15

The market was steady but quiet.

NEW YORK COTTON; Present levels

are attracting withdrawals

from Loan. We doubt much repetion and continue favour pur chases May and July on reactions.

NEW YORK STOCKS: Prestous close. 13147: Today's close. 131.96: Change, up .49.

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

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

New York Hides, Dec. NEW YORK COTTON.

Dec. (New contract)

High Low Close Close Change 10:20 10.12 10.17 10.12 .05 off 20.80 20.42

On demand

On Bangkok:-

On demand

Jn Sterling Notes:-

Bank Buying Rate Bar Silver per, oz

Shanghai Exchange

Shanghal, Nov. 26 (Reuter).

Official T.T. Rates

up 1/16

Aviation Corp. *******

Pacific Gas & Elec

271

Baldwin Lecomĕtive

Anoy

Branches: Jobore

CANTON. CAWNPOSI CEST

LUMPUR. KUCHING

TAPING

TIENTUIN.

MADHAS

TONGKAH

161

Packard Motors

On Manila:—

Bangkok

Kobe -

Rangoon Saigon

·COLOMBO

MANILA

(Bhuket)

Baltimore & Ohio

DELU!

MIDAN

TSINGTAO

46°1/3

Pan-American Airways

161

Batavia

Kowloon

Saa

HAIPHONU

NEW YORK

TOKOHAMA

Barber Asphalt Co

Paramount Pictures

Bombay

Kuaia

Francisco

Barnsdall Oil"

1491/2

| Pennsylvania R.R.

234

Calcutta

Lumpur Shanghai

Bendix Aviation

..334

Philadelphia Read, Coal

Canton London

Singapore

Bethlehem Steel

261

Now,

Phillips Petroleum

Chefoo

Lyons → Sourabaya

Bliss Co.

141

Public Service of NJ.

Colomix

Malacca

309

Sungei

23 1/16

Dairen

Manila,

Boeing Airplane Co,

184

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

25-1

Rocelow

Muar

Patani Swalow

Borg-Warner

214T

Pure Ou

Briggs Mfg.

241

Radio Corpn. of Am.

Haipnoug Haukon...

Makdon

Tokyo

Budd M'facturing Corp.

Reading Company,

Com

∙14

Harbin

New York

Canadian Pacific R'way

Remington Arms Co., Inc.

57*

iloilo

Peiping

Case, J.I.

Prev. Today's

Republic Aviation Corp...

47*

Ipoh

· Penang

Opening

Celanese

281

Republic Steel---

-221

Lionaut

0/3-11/18

Chesapeake & Ohio

42)

CURRENT

ACCOUNT opened

Revere Corp. .....................................

118

20.62b 20.78b 16 up

New York

371 621 813

# of

Japan

5-3/4

24-3/8

Chrysler Corpn. ..... Columbia Gas & Elec. Commercial Credit Co.

"768

Reynold Tabac.. "B"

321

Safeway Stores

424

12.68b 12.70

4 off .02. up

India Hongkong

20-3/8 N 24-1/2

319

Schenley Distillers

Com, & Southern, (Ord.)

Sears Roebuck ·

754

quoted on application.

Consolidated Edison

233

Closing Change

Sterling

Shell Union Oll

Sellers

Consolidated Oll..

Ok..

Socony-Vacunam Oll

10.12/12 -.05 of

Continental Can

371

January

(

10 09 N

10.07/07

10.04

March

(

}

10.17/18

10.16,'16

10.13/13

May

[

10.14/14

10.10/10

July

{

...... 9.99/$9

October Spot

9.59/59

9.98 96 9.56/58

10.08/06 9,94/94

.05 off .04 of .08 of .05

Opening Closing Spot ..... 0/3-47/64 0/3-3/4 Nov. 0/3-47/64 0, 3-3/4

Southern Pacific

BOXES in various sizes To L Hong Kong. 28th February, 1940.

Continental Of

-20

Southern Rly $5 pfd.

221

(Johore) Tientsin

Tsingtao

Yokohama

of shorter

(Peking)

FOREIGN EXCHANGE and General Banking Busines transacted..

CURRENT Accus epened and FIXED DEPOSIT received for One Year or shorter periods in Local 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

Application.

LOCAL CURRENCY and FIXED DEPOSIT ceceived for one year

The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustes rencies DO terms which will be business, and. claims recovery of British Income Tax overpaid, on

A180 up to date Sara DEPOSIT terms which may be ascertained at

any of the Agencies and Branches.

Manager.

R. A CAMIDGE,

HAMBURG HANKOW

PELPING

Copperweld Steel

19)

Spleer Manufacturing Co. 341

Dec:

0/3-23/32 0/3-47/84

Curtiss Wright (C)

Standard Brands".

Curtiss Wright: “A”

234

· 9.50/50

.09 o

10,18 N

10.12n

.06 of

Spot

-U.S. Dollars $5-29/32

Stand Gas & Elec

Deere & Co.

211

NOV.

Total sales Baturday:-74,000 bales.

NEW YORK RUBBER

December

Dec,

5-29/32 5-7/8

$5-7/8 5-7/8 5-7/8

Standard Ol' of California

Distillers Corpn. Seagrams

191

Standard Off of NJ.

341

Douglas Aircraft

811

Stone & Webster

Du Font de Nemours

156

20.62b/65

20.47 N."

20.30/30

20.10b/13

Total sales-2,550 tons.

Saturday's sales:-5,525,000 bushels.

January

March

May

CHICAGO WHEAT

December

May.

July

CHICAGO CORN

December

62#/62)

623/621

May

621/621

611/62 611/62

off

July

83/62%

621/622 62/621

7.off

NEW YORK HIDES

December

12.68b

12.75/70

12.70/70

March

.02. up .08. up

20.05/62 20.40/46 20.30b/40a 20 15/10

20.78b/80a

.16 ip

20.51/51- 20.42b 20.25/25

.04 Up

.12. up

.15 up

881/88)

871/871

833/837

8817881 872/873 871/871 863/861 834/831 831/831

off off off

侣

34-3/4 4.04

12.48b/500 12.57/64 12.54b/95a

Total sales for the day:-133 contracts,

N.Y. Official Silver unquoted NY-London Cross Rate 403-3/4

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Nov. 25. ~~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.

LONDON METALS

Tin.

EXCHANGE

London, Nov. 25 (Reuter).

Standard, "Cash, Middle 258-3/8.

Price,

Tin. Standard, 3 months, Middle Price, £260-3/8.

Market steady.

MarketUncertain.

Silver Duty Rate:

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

The Equalisation rate was 24 per cent.

India Rupce Paper

Bombay, Nov. 25 (Reuter). Govt. 31% Rupee, 92-07-0.

Calcutta Exchange

Calcutta, Nov. 25 (Reuter). T.1 on Japan, 81-1/4.

SILVER MARKET

LONDON SILVER · London, Nov. 25 (Reuter).. Silver-Lacking support, business was very small, Market dull, in the afternoon, the market dull, with no business.

Spot, 23-1/180.

Forward, 23-1/16d.

BOMBAY SILVER Bombay, Nov. 25 (Reuter). Market-Steady. Offtake 100 bars.

Indian Mint Silver

Ready-

́61-12 Dec. 27 Bettlement ...... 61-12 Jan. 22 Settlement 81-12

LONDON GOLD

Gen. Tire & Rubber Glidden Co Goodrich (BF.) ̧.... Goodrich $5 pf...... Goodyear Tire & Co.

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

1940

"DOW JONES AVERAGE

94.38

·20 42 90,34

Nos. 28. 1940. Nov. 23, High Low Close

131.47 13170 131.83 131,98.

29.46 29.18 29,25 20.62 20.31 2X40

Change .48 up

Aetherland Capital

Sabeedbed Capital

.13 off

Paid Capital

Reserve Fund and Desk,

.09 off

Commodity Index

58.76

1-0,33 3.62

.01 of.. .14 off

Business Dane:-20, shares

High Low Dow Jones Averages 159.80 111.84 30 · Industrials

Raila 3267. 15 20 26.45 18 03 20 Utilities 90.90 83.06 40 Boade 64.07 48.67 11

Studebaker Com

·8)

Eagle Picher Lead ...

102

Swift International

Eaton Mig. Co.

Technicolor

201

Elec, Autolite®

361..

Texas Corpn.

391

Elec Bond & Share

Texes Gulf Sulphur

37 -

Elec. Bond & Share $5 pf.

Timken-Axle

281

Elec Bond & Share $8 pt.

641

Trans-America Co.

Elec. Power & Light $7 pí.

331

20th Cent. Fox

Flatkote

Gen. American Trans.......

Unjon Bag & Paper Corp..

131

531

Union Carbide & Carbon

Gen. Electric

33+

Union Pacific

801

Gen. Motors

504

United Aircraft

451

Gen. Railway "Signal

United Airlines Trans

131*

United Corpn.

11.

183*

United Corpn. $3 cum pf.

141:

United Gas Corpn.

43*

United Gas Improvement -104

181

US., Industrual Alcohol. ... 22+

Great Northern Iron Ore

171

US. Rubber

241

Great Northern "Rly, ptd.

291

US. Rubber sa pid.

881

Great Westem Sugar "...

211

U.S. Emelting

651

Interest Rates oo Application.

Greyhound Corpa,

U.S. Steel

SAFE DEPOSIT BOXES

HONGKONG SAVINGS

BANK

The Busiacse of the above Bank: is conducted by the HONGKONG

SHANGHAI BANKING COR PORATION. Bules may be obtain ed on application.

For the HoxarONG & SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

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

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAI

HEAD OFFICE:

18, PINS STREIT,

NEW YORE

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

BANK OF EAST ASIA, LIMITED

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

Porfits

5,598,800.00

4.2,983,281.50

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

Board of Directors:

SIA SHOPSON Caow, Chairman Li Koon Chun, Eng. Li Lan Sang, Bag. P. K. Kwok, Daq. Wong Che Sea, Eng Wong Tan Tong, Esq. Fong Ping Wah Elaq Chan Ching Shui, Esq.

KAY TONG Po, Esq., Chief Manager LI Tu Foxo, Es, Manager

Branches and agencies.

Lo Toas

Point Віктароев Leudog Bangoon Bosto Manila Nalgon &walow Melbourne Ben Fran- żydarz Nagu

Amoy Bateria

Bombay

Calberis

Haiphong

Hercules Powder Co

Vanadium

354

Hankow

Saw Zork Boattis

Bouver

Homestake Mining

501

Vultee Aircraft

Int. Nickel"

281

Walworth Co.

was

Inter. Paper & Power

Warner Bros. Pict.

This Bank is entirely owned by

TEL

Honolul

Parle

Brachtg

Kobe

Pelping

Shanghind

Int. Tel. & Tel

Westinghouse Elec.

105

Kennecott Copper

351*

Woodward' Iron Cor.

461

Chase National Bank National City Bank-

331

261*

.. 314

CHABE NATIONAL BANT Naw Foxx, with Besources DË DYIỆĮ U.S. $2,900,000,000,

D. M. BIGGAR,

Second Fice Pro

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office:-15, Gracechurch Street, London, EC.3

Every description of Banking and Exchange business transacted. Loanz granted oa' approved securities.

Currency and Fixed Deposits re Current Accounts opened in Local ceived for one your or thorter periods in Local and Foreign Cur tencies on terms which...., will be quoted on-application.

SAVE LEPOSTT BOXES TO LET

KAN TONG PO,

Chief Manager.

21,030,003

21,800,000:

$1,000,00

21,236,039

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN,."

KOBM and OSAKA

War Loan, 31% (Red,

after 1952) Canton-Kloon Rly, 5% 9

11018

Chinese 41% Gold Loan

1398: (Brit. Issue).

Chinese 5% Gold Bonds.

1925-47

Chin. 41% Anglo-French

Loan, 1908.

Jap. 6% Ster, Loan, 1824 27 Ger, 7% Intl. Loan, 1924 SA Chartered Bank

.K. & S'hal Bank (Lan Reg.)

London. Nov. 25 (Reuter). Bar Gold, Fine per oz. 188-

054

HK, & Bhal Bank (Col.

Peg)

Chinese Eng. Mining

(bearer)

Unosen. Corporation

Chinese 6% Crip Lean.

Pekin: Syndicate

18/3/ 4/- 217

1012....

8'hal-Dec. Constr.-Go-154

Chinese 5 Reorg. Loan,

1913 (Lda. Is.) Chinese 8% Ster. Noter,

s'hal Waterworks” “A”,

133

Onton Insurance

TO-

Gala Kalumpang Rubber 15/7

ཐས་ས་བྷ

1925 (Vickers)

Chin. Imperial Rly, 5%

Honan Rly, 5%

Hukuang Rig. 5%. 1911...

(LP. N/Y Issue) Bukuang Rly 5%. 1911

German. Issue) Lùng Tang

Hal

Riy. 5% 1913............ Bhai-N'King Fly, 5% Tientsin-Pukow Rly. 5%

(Brit. Stpd.).. Tientsin-Pukow Rly." 5% (German Sipd.) (milk) Tientsin-Putow«Riy.” 5% t (Brit. Btpd, Bupl; Loan). Tientsin-Pukow-fly;!5% (Ger. Btpd. Bapl Loan)

Nat Defence Bonds, 3% 1017 London-Midlands-Scot-

tish, 3%

141

Great Western Rall

Way

341

Nat Bank of India. 1%

div.

B-A Tob. (bearer)

86/3

Mercantile Bank

101

Dunlop Rubber

Bristol Aeroplane

31/3 8/10

Imperial Chemical Ind. 28/11

United Steel"

Woolworths

Marana Investmenta

7/8

the Roosevelt Terminal in

Western Holdings

8/9:

the French Concession at

Sub-Nigel

170

3hell Trans &

Trad.

({ dearer)

35/71.

SINGAPORE, PENANG" and CALCUTTA

SANDAKAN

HAIPHONG

All steamers borth alongside

Shanghai, where passengers and cargo are landed.

For further particulara

please apply to

ARDINE MATHESONG CO.,LTD TELEPHONE SOJIL GENERAL MANAGERS

BANKERS:

The Bank of England and Midland

Bank, Ltd, BRANCHES:

Kakutan

Kuala Trengganu

Bangkok

(pob

Bombay

Jaffna

Hadres

Oalentia

New York

↑ Clolambo":

Kandy.

'Penang

Delhi

Karachi

BADGOOD

Grila.

Kota Bharu

Shanghai

Hongkang

Kuala Lipia

Simis

Kuala Lumpur

dingspers

Low

HONG KONG BRANCH: Ever, desorption of Banking and.. Ezatange businem transnotat.

TRUSTER AND EXECUTORSHIP

UNDERTAKEN

QUIBENT ADODUNTI opened In Toesl Cor PARRY A FIXED DEPOSITS received in local Currey STERLING on terms that may be ascertained în ap↑ Ilvation,

·D. BENSON;

What do

Hair

you want?

If there is anything you want to buy or

sell try Classified

ย Smal), advertise ment in the Hong- Long Dally Presa.

25 words $1.50 prepaid

for

insertions.

BANK OF CHINA

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

MEN BANK BRA PAID UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Brancus in China and connections in the principal Commercial Centres of the World, we are able to extend

our Clients special facilities, for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI Hong Kong Branch:

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

CANTON

SWATOWEL SHIUCHOW

KONGMOON: TUISHAN KINGCHOW

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

1940-11-27 — Page 10

Comments

Private Research Note